CVD Divergences (cdikici71 x tncylyv)CVD Divergence
Summary
This indicator brings the powerful and creative divergence detection logic from @cdikici71's popular "cd_RSI_Divergence_Cx" script to the world of volume analysis.
While RSI is a fantastic momentum tool, I personally choose to rely on volume as a primary source of truth. This script was born from the desire to see how true buying and selling pressure—measured by Cumulative Volume Delta (CVD)—diverges from price action. It takes the brilliant engine built by @cdikici71 and applies it to CVD, offering a unique look into market conviction.
What is Cumulative Volume Delta (CVD)?
CVD is a running total of volume that transacted at the ask price (buying) minus volume that transacted at the bid price (selling). In simple terms, it shows whether buyers or sellers have been more aggressive over a period. A rising CVD suggests net buying pressure, while a falling CVD suggests net selling pressure.
Core Features
• Divergence Engine by @cdikici71: The script uses the exact same two powerful methods for finding divergences as the original RSI version:
o Alignment with HTF Sweep: The default, cleaner method for finding high-probability divergences.
o All: A more sensitive method that finds all possible divergences.
• Anchored CVD Periods: You can choose to reset the CVD calculation on a Daily, Weekly, or Monthly basis to analyze buying and selling pressure within specific periods. Or, you can leave it on Continuous to see the all-time flow.
• Automatic Higher Timeframe (HTF) Alignment: To remove the guesswork, the "Auto-Align HTF" option will automatically select a logical higher timeframe for divergence analysis based on your current chart (e.g., 15m chart uses 4H for divergence, 1H chart uses 1D, etc.). You can also turn this off for full manual control.
• Fully Customizable Information Table: An on-screen table keeps you updated on the divergence status. You can easily adjust its Position and Size in the settings to fit your chart layout.
• Built-in Alerts: Alerts are configured for both Bullish and Bearish divergences to notify you as soon as they occur.
How to Use This Indicator
The principle is the same as any divergence strategy, but with the conviction of volume behind it.
• 🔴 Bearish Divergence: Price makes a Higher High, but the CVD makes a Lower High or an equal high. This suggests that the buying pressure is weakening and may not be strong enough to support the new price high.
• 🟢 Bullish Divergence: Price makes a Lower Low, but the CVD makes a Higher Low or an equal low. This suggests that selling pressure is exhausting and the market may be ready for a reversal.
Always use divergence signals as a confluence with your own analysis, support/resistance levels, and market structure.
Huge Thanks and Credit
This script would not exist without the brilliant and creative work of @cdikici71. The entire divergence detection engine, the visualization style, and the core logic are based on his original masterpiece, "cd_RSI_Divergence_Cx". I have simply adapted his framework to a different data source.
If you find this indicator useful, please go and show your support for his original work!
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Disclaimer: This is a tool for analysis, not a financial advice signal service. Please use it responsibly as part of a complete trading strategy.
Educational
Close Price & (% Change / Volume)this places the ratio of change with volume to give us idea if the price is moving or not with volume. If ratio is more more means percent change is high than volumne if ratio is less then % change is less than volume
Smart Algogn2 [ChartPrime]Smart Algo gives you clear entry & exit signals using advanced price action logic. Built for traders who want consistency and speed.
> The B symbols are the entry points
> Previous swing high/low is the SL
> Keep 1:2 OR 1:1.5 Risk-Reward
📊Trading Rules📌 Trading Rules – TradingView Indicator
The Trading Rules indicator is a practical tool for disciplined traders. It allows you to create a custom checklist of up to 25 trading rules, which you can tick off as each condition is met. Once all rules are checked, the indicator signals that it’s safe to enter a trade according to your strategy.
✔️ Helps maintain discipline and follow your trading plan
✔️ Fully customizable: add up to 25 rules
✔️ Visual checklist directly on your chart for quick reference
✔️ Reduces impulsive trades and promotes consistent trading behavior
How to use:
Add your trading rules to the checklist.
Tick each rule as it is satisfied.
Once all rules are checked, execute trades confidently following your strategy.
DashboardDashboard
Uniqueness
The Dashboard is a high-level interface that condenses core system statistics into one clean panel. It’s designed to give traders a quick readout of our system's behavior and overall structure.
How It Works
The Dashboard logs recent outcomes, tracks the distribution of forecast types, and provides an at-a-glance summary of how the system is functioning. It is designed as a stand-alone display to provide a clear overview without additional complexity.
Usefulness
This tool simplifies tracking performance across time, helping traders monitor the consistency of signals and overall system health.
How to Use It
Add the Dashboard as a side panel or overlay. Use it to monitor rolling stats while your main chart displays other layers. Think of it as the dashboard instrument cluster on your trading “vehicle”.
Disclaimer
This indicator produces visual and informational outputs only. It does not generate trade signals, entry/exit rules, or backtestable strategies. The tool is intended purely as an educational resource to help users interpret market behavior. It does not constitute financial advice, and past performance does not guarantee future results. Trading involves risk, and you may lose some or all of your investment.
Release Notes:
v1.0 (Initial Release)
LOGICLOGIC
Uniqueness
LOGIC is the core mathematical engine of our system. Built from multiple engines and advanced logic layers, it condenses real-time data into a structured output. Unlike traditional tools that only show what has already happened, LOGIC is focused on the present candle’s direction and momentum.
How It Works
LOGIC monitors intrabar data and updates continuously as new price information comes in. Once the bar closes, the output resets to prepare for the next candle. This ensures a transparent real-time record of how momentum is behaving during each candle without confusion or excess clutter.
Usefulness
LOGIC provides a foundational readout of market conditions. It’s most useful for seeing the immediate directional bias of the active candle, helping traders interpret short-term shifts with clarity.
How to Use It
Apply LOGIC directly to your chart on any timeframe. Use it to observe live candle-by-candle behavior as it develops. In practice, L4, L5 and L6 serve as the system’s most selective filters, designed to trigger only when refined streams point in the same direction.
Disclaimer
This indicator produces visual and informational outputs only. It does not generate trade signals, entry/exit rules, or backtestable strategies. The tool is intended purely as an educational resource to help users interpret market behavior. It does not constitute financial advice, and past performance does not guarantee future results. Trading involves risk, and you may lose some or all of your investment.
Release Notes:
v1.0 (Initial Release)
ForecastsForecasts
Uniqueness
Forecasts condenses the rapid complexity of our core mathematical engines into simple, easy-to-read markers that reflect anticipated candle behavior.
How It Works
Forecast markers appear in real time as candles develop. They may shift intrabar, but once the candle closes, the forecast is fixed and will not repaint. This design provides continuous updates while maintaining consistency and transparency.
Usefulness
Forecasts makes the core logic more accessible and digestible. Instead of reading the rapid raw engine output, users see straightforward markers that summarize projected direction and contextual levels.
How to Use It
Use the markers to see how momentum is expected to behave on the current bar, and observe how levels adapt as conditions change. Forecasts can also be paired with other momentum or pressure-based tools for additional context.
Disclaimer
This indicator produces visual and informational outputs only. It does not generate trade signals, entry/exit rules, or backtestable strategies. The tool is intended purely as an educational resource to help users interpret market behavior. It does not constitute financial advice, and past performance does not guarantee future results. Trading involves risk, and you may lose some or all of your investment.
Release Notes:
v1.0 (Initial Release)
Bull-Bear PressureBULL-BEAR PRESSURE
Uniqueness
Bull-Bear Pressure measures the live tug-of-war between bullish and bearish momentum by transforming internal engine data into a visual gauge of market pressure.
How It Works
The indicator processes dual data feeds — one representing bullish pressure and the other bearish pressure. These values update in real time showing how pressure dynamics are currently distributed and highlighting areas where momentum dynamics may be adjusting.
Usefulness
By monitoring pressure dynamics, traders gain context on whether moves are supported by strong participation or fading momentum. It adds depth to directional bias especially when viewing multiple timeframe charts side by side.
How to Use It
Overlay Bull-Bear Pressure on your chart and compare shifts in bullish vs bearish strength. Use it underneath multi-timeframe or forecast-style indicators for added context.
Disclaimer
This indicator produces visual and informational outputs only. It does not generate trade signals, entry/exit rules, or backtestable strategies. The tool is intended purely as an educational resource to help users interpret market behavior. It does not constitute financial advice, and past performance does not guarantee future results. Trading involves risk, and you may lose some or all of your investment.
Release Notes:
v1.0 (Initial Release)
Data Highs & Lows [TakingProphets]DATA HIGHS AND LOWS
What it does
Data Highs & Lows visualizes the price level left by macro news events that release at 8:30 AM New York. It examines the 1-minute bars 8:29, 8:30, 8:31 and, if the 8:30 candle forms a valid swing low/high with a wick ≥ your threshold (points), it draws a horizontal level from that 8:30 price and labels it:
DATA.L when the 8:30 bar is a swing low
DATA.H when the 8:30 bar is a swing high
The line auto-extends until price’s wick touches/mitigates the level. On touch, you can either freeze the final segment and park the label beneath it or delete the visual immediately (toggle).
How it works
-Timezone: America/New_York.
-Detection runs on 1-minute data; visualization shows on minute charts up to 15m.
Swing rule:
-Swing-low if low(8:30) < low(8:29) and < low(8:31)
-Swing-high if high(8:30) > high(8:29) and > high(8:31)
-Wick rule: the relevant wick of the 8:30 candle must be ≥ threshold (points).
-One event/level per day; state resets daily.
Inputs & styling
Detection
-Wick Size Threshold (points).
Visualization
-Line Color, Line Style (Solid/Dashed/Dotted).
-Label Size (Tiny…Huge), Label Text Color.
-Label Vertical Offset (ticks) when parked.
-Line width is fixed at 1.
Behavior
Delete on Mitigation (remove line+label immediately on first touch) or keep the frozen level with a centered label.
Auto-cleanup after bars (optional).
Notes
-Designed to highlight levels specifically tied to 8:30 AM data releases (e.g., CPI, PPI, Jobless Claims, etc.).
-Works only if the symbol trades around that time; always consider session liquidity and instrument behavior.
-Labels: while active, they sit at the right end of the line; after mitigation they move to bottom-center with a small offset.
Disclaimer
This is an educational tool for chart annotation. It does not provide signals, guarantees, or financial advice. Always do your own analysis and manage risk appropriately.
ST Market StructureStructure
MTUIP Main Trend Upward Inflection Point
MTDIP Main Trend Downward Inflection Point
KR + KEY Range Inflection for the Main trend (+/-)
KRI - KEY Range Inflection for the Main trend (+/-)
MS Market Sentiment
UT#1 New trend leg up target 1
BOC Breakout Confirmation
IB Intraday Bias
BDC Breakdown Confirmation
DT#1 New trend leg down target 1
Contrarian Period High & LowContrarian Period High & Low
This indicator pairs nicely with the Contrarian 100 MA and can be located here:
Overview
The "Contrarian Period High & Low" indicator is a powerful technical analysis tool designed for traders seeking to identify key support and resistance levels and capitalize on contrarian trading opportunities. By tracking the highest highs and lowest lows over user-defined periods (Daily, Weekly, or Monthly), this indicator plots historical levels and generates buy and sell signals when price breaks these levels in a contrarian manner. A unique blue dot counter and action table enhance decision-making, making it ideal for swing traders, trend followers, and those trading forex, stocks, or cryptocurrencies. Optimized for daily charts, it can be adapted to other timeframes with proper testing.
How It Works
The indicator identifies the highest high and lowest low within a specified period (e.g., daily, weekly, or monthly) and draws horizontal lines for the previous period’s extremes on the chart. These levels act as dynamic support and resistance zones. Contrarian signals are generated when the price crosses below the previous period’s low (buy signal) or above the previous period’s high (sell signal), indicating potential reversals. A blue dot counter tracks consecutive buy signals, and a table displays the count and recommended action, helping traders decide whether to hold or flip positions.
Key Components
Period High/Low Levels: Tracks the highest high and lowest low for each period, plotting red lines for highs and green lines for lows from the bar where they occurred, extending for a user-defined length (default: 200 bars).
Contrarian Signals: Generates buy signals (blue circles) when price crosses below the previous period’s low and sell signals (white circles) when price crosses above the previous period’s high, designed to capture potential reversals.
Blue Dot Tracker: Counts consecutive buy signals (“blue dots”). If three or more occur, it suggests a stronger trend, with the table recommending whether to “Hold Investment” or “Flip Investment.”
Action Table: A 2x2 table in the bottom-right corner displays the blue dot count and action (“Hold Investment” if count ≥ 4, else “Flip Investment”) for quick reference.
Mathematical Concepts
Period Detection: Uses an approximate bar count to define periods (1 bar for Daily, 5 bars for Weekly, 20 bars for Monthly on a daily chart). When a new period starts, the previous period’s high/low is finalized and plotted.
High/Low Tracking:
Highest high (periodHigh) and lowest low (periodLow) are updated within the period.
Lines are drawn at these levels when the period ends, starting from the bar where the extreme occurred (periodHighBar, periodLowBar).
Signal Logic:
Buy signal: ta.crossunder(close , prevPeriodLow) and not lowBroken and barstate.isconfirmed
Sell signal: ta.crossover(close , prevPeriodHigh) and not highBroken and barstate.isconfirmed
Flags (highBroken, lowBroken) prevent multiple signals for the same level within a period.
Blue Dot Counter: Increments on each buy signal, resets on a sell signal or if price exceeds the entry price after three or more buy signals.
Entry and Exit Rules
Buy Signal (Blue Circle): Triggered when the price crosses below the previous period’s low, suggesting a potential oversold condition and buying opportunity. The signal appears as a blue circle below the price bar.
Sell Signal (White Circle): Triggered when the price crosses above the previous period’s high, indicating a potential overbought condition and selling opportunity. The signal appears as a white circle above the price bar.
Blue Dot Tracker:
Increments blueDotCount on each buy signal and sets an entryPrice on the first buy.
Resets on a sell signal or if price exceeds entryPrice after three or more buy signals.
If blueDotCount >= 3, the table suggests holding; if >= 4, it reinforces “Hold Investment.”
Exit Rules: Exit a buy position on a sell signal or when price exceeds the entry price after three or more buy signals. Combine with other tools (e.g., trendlines, support/resistance) for additional confirmation. Always apply proper risk management.
Recommended Usage
The "Contrarian Period High & Low" indicator is optimized for daily charts but can be adapted to other timeframes (e.g., 1H, 4H) with adjustments to the period bar count. It excels in markets with clear support/resistance levels and potential reversal zones. Traders should:
Backtest the indicator on their chosen asset and timeframe to validate signal reliability.
Combine with other technical tools (e.g., moving averages, Fibonacci levels) for stronger trade confirmation.
Adjust barsPerPeriod (e.g., ~120 bars for Weekly on hourly charts) based on the chart timeframe and market volatility.
Monitor the action table to guide position management based on blue dot counts.
Customization Options
Period Type: Choose between Daily, Weekly, or Monthly periods (default: Monthly).
Line Length: Set the length of high/low lines in bars (default: 200).
Show Highs/Lows: Toggle visibility of period high (red) and low (green) lines.
Max Lines to Keep: Limit the number of historical lines displayed (default: 10).
Hide Signals: Toggle buy/sell signal visibility for a cleaner chart.
Table Display: A fixed table in the bottom-right corner shows the blue dot count and action, with yellow (Hold) or green (Flip) backgrounds based on the count.
Why Use This Indicator?
The "Contrarian Period High & Low" indicator offers a unique blend of support/resistance visualization and contrarian signal generation, making it a versatile tool for identifying potential reversals. Its clear visual cues (lines and signals), blue dot tracker, and actionable table provide traders with an intuitive way to monitor market structure and manage trades. Whether you’re a beginner or an experienced trader, this indicator enhances your ability to spot key levels and time entries/exits effectively.
Tips for Users
Test the indicator thoroughly on your chosen market and timeframe to optimize settings (e.g., adjust barsPerPeriod for non-daily charts).
Use in conjunction with price action or other indicators for stronger trade setups.
Monitor the action table to decide whether to hold or flip positions based on blue dot counts.
Ensure your chart timeframe aligns with the selected period type (e.g., daily chart for Monthly periods).
Apply strict risk management to protect against false breakouts.
Happy trading with the Contrarian Period High & Low indicator! Share your feedback and strategies in the TradingView community!
Iron Condor Pro v6 – Full EngineIronCondor Engine v6.6 is a multi-mode options strategy tool for planning and managing iron condors, straddles, strangles, and butterflies. It supports both setup planning and live trade tracking with modeled delta, risk-based strike selection, IV rank estimation, and visual breach alerts.
Use Setup Mode to preview strike structures based on IV proxy, ATR, delta targeting, and risk tier (High/Mid/Low/Delta). Use Live Mode to track real trades, enter strike/premium data, and monitor live P&L, delta drift, and range status.
This script does not connect to live option chains. Volatility and delta are modeled using price history. All strikes and premiums must be confirmed using your broker before placing trades. Best used with strong support/resistance levels and high IV rank (30%+).
For educational purposes only.
Workflow Guide
Use this flow whether you're setting up on Sunday night or any day before placing a trade.
Step 0: Pre-Script Preparation
Before using the script:
Identify major support and resistance zones on your chart. Define the expected range or consolidation area. Use this context to help evaluate strike placement
1. Setup Phase (Pre-Trade Planning)
Step 1 – Load the Script
Add: IronCondor Engine v6.6 – Full Risk/Decay Edition to your chart
Step 2 – Set Mode = Setup
This enables planning mode, where the engine calculates strike combinations based on:
Your selected risk profile (High, Mid, Low, or Delta)
Historical volatility (20-day log return)
ATR (Average True Range)
Target short delta (adjustable)
Step 3 – Review Setup Table
Enable Show Setup Table to view calculated strikes and width by risk tier.
Adjust any of the following as needed:
Target Short Delta
Strike Interval ($)
Width multipliers (High/Mid/Low)
Risk tier under Auto-Feed Choice
Step 4 – Evaluate the Setup
Is the net credit at least 1.5–2.0x your max risk?
Are the short strikes clearly outside support/resistance zones?
Are the short deltas between 0.15 and 0.30?
Is the range wide enough to handle normal price movement?
Step 5 – Prep for Execution
Enable Auto-Feed Setup → Live to carry Setup strikes into Live mode
Or disable it if you prefer to manually enter strikes later
2. Trade Execution (Live Tracking Mode)
Step 1 – Place the Trade with Your Broker
Use your brokerage (TOS, Tasty, IBKR, etc.) to place the iron condor or other structure
Step 2 – Set Mode = Live
In Live mode:
If Auto-Feed is ON, the Setup strikes auto-populate
If Auto-Feed is OFF, manually enter:
Short and long strikes (Call and Put)
Premiums collected/paid per leg
Total net credit (Entry Credit)
Optional: Input current mid prices for each leg in the "Live Chain" section to track live mark-to-market P&L
Once all required fields are valid, the script activates:
Real-time profit/loss tracking
Max risk estimate
Delta monitoring on short legs
IV Rank estimate
Breach detection system
Chart visuals (if enabled)
3. Trade Management (During the Week)
While the trade is active, use the dashboard and visuals to monitor:
Key Metrics:
Unrealized P/L %
Mark-to-market value vs entry credit
Daily decay (theta)
Days until expiration
Breach status:
In Range
Near Breach
Breached
Alerts:
Price near short strike → suggests roll
Price breaches long strike → breach alert
50% or 75% profit → optional exit signal
Delta exceeds threshold → exposure may need adjustment
Management Tips:
At 50–75% profit: consider closing early
If price nears a short leg: roll, hedge, or manage
If nearing expiry: decide whether to hold or close
If IV collapses: may accelerate time decay or reduce exit value
4. End-of-Week or Expiration Management
If Profit Target Hit
Close early to reduce risk and lock gains
If Still Open Near Expiry
Close the position or
Hold through expiration only if you're fully prepared for pinning/gamma/assignment scenarios
Avoid holding open spreads over the weekend unless part of a defined strategy
Reference Notes
Strike Width
Defined as:
Width = Distance between Short and Long strike
Used for calculating max loss and breach visuals
Delta Guidelines
0.15–0.20 = safer, wider range, lower credit
0.25–0.30 = more aggressive, tighter range, higher credit
Use Target Short Delta input to adjust auto-selected strikes accordingly
Credit Example
Sell Call: $1.04
Sell Put: $0.23
Buy Call + Put wings: $0.14
Net Credit = $1.13 = $113 per contract (max profit)
This is the max profit if price stays between short strikes through expiration
IV Rank (Estimated)
This script does not use options chain IV data.
Instead, it calculates a volatility proxy:
ivRaw = ta.stdev(log returns, 20) * sqrt(252)
IV Rank is then calculated as the percentile of this value within the last 252 bars.
High IV Rank (30%–100%) → better premium-selling conditions
Low IV Rank (<30%) → lower edge for condors
Ideal to sell premium when IV Rank is above 30–50%
Disclosures and Limitations
This script is for educational use only
It does not connect to live option chains
All strikes, deltas, and premiums must be validated through your broker
Always confirm real-time IV, delta, and pricing before placing a trade
Watermark with Session Boxes (by Rufi)Watermark & Session Boxes - Chart Branding Tool
What it does: Combines professional chart watermarking with automated trading session visualization for clean, branded analysis.
Key Features:
Smart Session Boxes: Auto-draws boxes around Asia (8PM-11:59PM), London (2AM-5AM), and NY (7AM-10AM) sessions using high/low detection
Custom Watermark: Professional text overlay with your brand/tagline
Full Customization: Adjustable colors, transparency (0-100%), and display limits (1-30 days)
How it works: Uses Pine Script's time() function to detect session periods, tracks price extremes during each session, then draws filled rectangles from session high to low. Perfect for identifying key support/resistance levels from major trading periods.
Best for: Intraday traders who want branded charts with clear session-based S/R levels. Ideal for forex, indices, and crypto on lower timeframes.
RK RSI Stochastic ADX Ver1.0Version 1.0
Instead of viewing RSI, Stochastic and ADX on different panel; I bought them together in one panel.
Included price divergence of RSI and Stochastic in the chart.
ADX can be viewed as line chart and/or as an option to color grade the background instead of too many line drawn on the chart.
Cycle-Synced Channel Breakout📌 Cycle-Synced Channel Breakout – Detect Breakouts Confirmed by Candles and Momentum Cycles
📖 Overview
The Cycle-Synced Channel Breakout indicator is a precision breakout detection tool that combines the power of:
• Adaptive Keltner Channels
• Dominant Cycle Period Analysis (Ehlers-inspired)
• Candlestick Pattern Recognition (Engulfing)
This multi-layered approach helps identify true breakout opportunities by filtering out noise and false signals, making it ideal for swing traders and intraday traders seeking high-probability directional moves.
⚙️ How It Works
1. Keltner Channel Envelope
A dynamic volatility channel based on the EMA and ATR defines the upper and lower bounds of price movement.
2. Engulfing Candle Detection
The script detects strong bullish and bearish engulfing patterns, which often signal trend reversals or momentum continuations.
3. Dominant Cycle Momentum (Ehlers-inspired)
Using a smoothed power oscillator derived from a detrended price series, the indicator assesses whether momentum is accelerating during the breakout — filtering out weak moves.
4. Signal Confirmation Logic
A signal is only shown when:
• An engulfing pattern is detected, and
• Price breaks out of the Keltner Channel, and
• Momentum (cycle power) is rising
5. Visual Feedback
• Breakout signals are plotted with “BUY” or “SELL” labels
• Faded green/red background highlights confirmed breakouts
• Optional display of engulfing candles with triangle markers
⸻
🛠️ Key Features
• ✅ Adaptive Keltner Channels
• ✅ Bullish/Bearish Engulfing Candle Recognition
• ✅ Ehlers-style Cycle Momentum Confirmation
• ✅ Background highlights for confirmed breakouts
• ✅ Optional candle pattern visualization
• ✅ Lightweight and Pine v6 compatible
⸻
🧪 Inputs
• Keltner Length – EMA period for channel basis
• Multiplier – Multiplied with ATR to determine band width
• Cycle Lookback – Used to calculate smoothed cycle power
• Show Engulfing Candles? – Toggles candlestick signals
• Show Breakout Signals? – Toggles breakout labels and backgrounds
⸻
🧠 How to Use
• Look for “BUY” or “SELL” labels when:
• An engulfing candle breaks through the Keltner Channel
• Cycle momentum confirms strength behind the move
• The background color will faintly highlight the breakout direction.
• Use in combination with other trend or volume indicators for added confluence.
🔒 Notes
• This indicator is not repainting.
• It is designed for educational and research purposes only.
• Works across all timeframes and asset classes (stocks, crypto, forex, etc.)
LQ sweep (DeadCat)This indicator provides a streamlined approach to Smart Money Concepts (SMC) market structure analysis, focusing on identifying liquidity sweep patterns at key structural levels. The script tracks price action to detect when institutional liquidity is being targeted through systematic structure breaks.
Core Methodology:
The indicator employs a dual-pivot system (20/2 bars) to identify market structure points internally, then monitors for liquidity sweeps at these levels:
Trend Continuation Sweeps: When price breaks above Higher Highs (uptrend) or below Lower Lows (downtrend)
Trend Reversal Sweeps: When price breaks below Higher Lows (uptrend) or above Lower Highs (downtrend)
Market Structure Engine:
Automatically establishes initial trend direction from first two pivot points
Tracks structure progression internally without visual clutter
Requires 2-candle confirmation (bullish/bearish) before finalizing new structure levels
Maintains pending structure states until proper confirmation occurs
Liquidity Sweep Detection:
The indicator identifies four distinct liquidity sweep scenarios:
Bullish Continuation: HH break in established uptrend
Bearish Continuation: LL break in established downtrend
Bullish Reversal: LH break signaling potential uptrend resumption
Bearish Reversal: HL break signaling potential downtrend resumption
Key Features:
Simplified Interface: Single settings group for all liquidity sweep configurations
Flexible Label Positioning: Choose where sweep labels appear on lines
Consistent Visual Style: All sweeps use the same color/style for clarity
Minimal Chart Clutter: No market structure labels, only essential sweep markers
Unique Implementation:
Unlike traditional SMC indicators that display all structure points, this tool focuses exclusively on actionable liquidity sweeps. It maintains the mathematical rigor of structure tracking internally while presenting only the critical sweep levels where institutional activity is likely concentrated.
Usage:
Liquidity sweeps often precede significant moves as they represent areas where stop-losses accumulate. Traders can use these levels to:
- Identify potential reversal zones after sweep completion
- Spot continuation patterns when sweeps align with trend
- Time entries after liquidity has been collected
- Set stop-loss levels beyond recent sweep points
This indicator simplifies complex SMC concepts into actionable liquidity sweep signals, making it suitable for traders who want to focus on key institutional levels without overwhelming chart analysis.
Hide Out“Hide Out is a leading quant trading indicator that identifies the trending direction, calculates the base and target prices, and plots the Day Opening Range with labels for structured intraday analysis.
Ultra Simple ReversalThis is a simple script that combines Key Features:
✅ No plotting - Only text labels and candle color changes
✅ Reversal candle detection - Changes candle color on high-probability signals
✅ BUY/SELL text labels - Clear directional signals
✅ Four-module confluence - SSL + Squeeze + MTF Pivots + ORB Breakout
✅ Non-repainting - Reliable signals using proper security calls
✅ Pine Script v6 compatible - All syntax errors fixed
Fetti Fields Header (Presets)This is for individuals that like to customize their charts and add some style and motivation
Cost Basis of DCA Strategy (Enhanced)“Cost Basis of DCA Strategy (Enhanced): An Analytical Tool for Smarter DCA Investing”
The indicator designed here serves as a comprehensive analytical tool for evaluating a Dollar-Cost Averaging (DCA) strategy. Instead of merely recording scattered buy transactions, it integrates all purchases into a clear framework that reveals the real cost basis, portfolio performance, and capital allocation. Its primary function is to transform the concept of DCA from a mechanical process into a measurable and strategic decision-making system.
At the foundation of its operation, the user provides essential inputs such as the initial capital, the price and size of each buy transaction, and an optional sell price for hypothetical exit scenarios. With these inputs, the indicator calculates how many units were acquired in total, how much money was spent, and what the average cost per unit—the cost basis—truly is. This cost basis acts as the anchor for evaluating whether the market price has moved in favor or against the investor’s average entry point.
Beyond this, the indicator goes further by calculating both realized and unrealized dimensions of performance. It presents the current market value of holdings based on live price data and contrasts it with the total cost to derive unrealized profit or loss in both absolute terms and percentages. If the user sets a sell price, the tool simulates a full liquidation scenario, displaying the expected profit or loss should all holdings be sold at that level. This dual perspective enables the user to examine their strategy both from a present-value standpoint and a forward-looking one.
In addition, the indicator keeps track of remaining capital—the portion of initial funds not yet deployed into purchases—thus bridging the gap between portfolio construction and financial planning. It also reports the number of buy transactions, reinforcing awareness of execution discipline in DCA.
For visualization, the system is not confined to numbers alone. It marks each buy price directly on the price chart with distinct horizontal lines, labeled for clarity. This allows the trader to see not just statistics in a table but also the spatial relationship between historical entry points and ongoing market dynamics.
In essence, this indicator reframes the practice of DCA into a structured analytical exercise. It empowers investors to understand the true average entry cost, evaluate ongoing performance, and simulate future outcomes under different price scenarios. By doing so, it elevates DCA from a passive habit into an active, data-driven investment methodology, allowing users to make more informed, confident, and strategically grounded decisions.
RSI: alternative derivationMost traders accept the Relative Strength Index (RSI) as a standard tool for measuring momentum. But what if RSI is actually a position indicator?
This script introduces an alternative derivation of RSI, offering a fresh perspective on its true nature. Instead of relying on the traditional calculation of average gains and losses, this approach directly considers the price's position relative to its equilibrium (moving average), adjusted for volatility.
While the final value remains identical to the standard RSI, this alternative derivation offers a completely new understanding of the indicator.
Key components:
Price (Close)
Utilizes the closing price, consistent with the original RSI formula.
normalization factor
Transforms raw calculations into a fixed range between -1 and +1.
normalization_factor = 1 / (Length - 1)
EMA of Price
Applies Wilder’s Exponential Moving Average (EMA) to the price, serving as the anchor point for measuring price position, similar to the traditional RSI formula.
myEMA = ta.rma(close,Length)
EMA of close-to-close absolute changes (unit of volatility)
Adjusts for market differences by applying a Wilder’s EMA to absolute price changes (volatility), ensuring consistency across various assets.
CC_vol = ta.rma(math.abs(close - close ),Length)
Calculation Breakdown
DISTANCE:
Calculate the difference between the closing price and its Wilder's EMA. A positive value indicates the price is above the EMA; a negative value indicates it is below.
distance = close - myEMA
STANDARDIZED DISTANCE
Divide the distance by the unit of volatility to standardize the measurement across different markets.
S_distance = distance / CC_vol
NORMALIZED DISTANCE
Normalize the standardized distance using the normalization factor (n-1) to adjust for the lookback period.
N_distance = S_distance * normalization_factor
RSI
Finally, scale the normalized distance to fit within the standard RSI range of 0 to 100.
myRSI = 50 * (1 + N_distance)
The final equation:
RSI = 50 ×
What This Means for RSI
Same RSI Values, Different Interpretation
The standard RSI formula may obscure its true measurement, whereas this approach offers clarity.
RSI primarily indicates the price's position relative to its equilibrium, rather than directly measuring momentum.
RSI can still be used to analyze momentum, but in a more intuitive and well-informed way.
RK Scalper V1.0Version 1.0
Scalper Indicator
Use multiple options to decide the best possible scalping possibilities on 1, 3, 5 and 15 min timeframes
1. 3 different EMA trend lines to decide direction and reversal; option to include EMA crossover to take entry and exit positions
2. Show signal when price cross VWAP with huge volume
3. Show SuperTrend and identify possible reversal when price touches the SuperTrend line
4. Show VWAP line
5. Show SuperTrend VWAP crossover with an option to either include volume spike or not
6. Show VWMA line to decide exit points when price moves below at buy and above at sell positions
7. Show Open=High / Open-Low to see the buy and sell pressure and buyer seller dominance
8. Show Volume spike indication on Volume for NIFTY, BANK NIFTY and MIDCAP NIFTY futures volume on their respective underlying asset
9.
Note: It is batter to use scalp indicator along with trend and momentum indicators to have better results.
