Unraided Liquidity and S/R PivotsThis indicator is designed to show key pivot points, also known as levels, which could provide good trade entries.
Utilising liquidity concepts, untested pivot levels can be a good place to enter a trade after the pivot is tested, liquidity is taken and the direction reverses.
Alternatively, utilising the option of viewing already tested levels, you can easily see the key support and resistance areas that price is likely to have a strong reaction to, whether it wants to go toward or bounce away from these levels.
The indicator does not give buy and sell signals, it is up to you to use the levels to form your trading plan.
Oorah.
Liquidity
ICT LIQUIDITY indicator [Focused Trader]This indicator allows you to draw liquidity according to ICT. Specifically, you can choose to draw liquidity for specific sessions (Asia,New York,London).
Filtering by session
You can chooose to display only liquidities created in specific session. For example, the favourite liquidity is that of Asia. And then, in London market usually grabs it. So you set to display only liquidites of asia.
Session background
You can also display background over specific session, this is very usefull to see how market behaves - liquidity created in Asia is very often taken in London session. You can use any colour you'd like.
Colouring and style of lines
There is an option to choose colour for liquidity lines from different sessions and also choose specific colour for highs and lows. You can also set different styles (dash, dot, arrow, ...) of liquidty lines.
Fed Net Liquidity IndicatorThis indicator aims to present a "Net Liquidity" indicator comprised of the Fed Balance sheet , less the TGA account and Overnight Reverse REPO agreements.
Net Liquidity = Fed Balance Sheet - ( TGA + Reverse REPO)
This is an overlay that can be added to stock or other charts (like SPY ) to see how the market may appear correlated to Net Liquidity - injection of liquidity into the markets.
This was hypothesized by Max Anderson, this is just a script realizing that posting.
New updates include a resolution feature, and an option to offset backwards by 2 days per original intent.
Support and Resistance Multiperiod (Zig Zag Based)Support and Resistance Multiperiod (Zig Zag Based)
What is the indicator?
• The indicator is a multi period (up to 5 lengths) Support and Resistance indicator calculated based on Zig Zag.
Who can use?
Scalpers to Long term investors
What timeframe to use?
• Any timeframe
What are the lines?
• Green lines are Support levels.
• Orange lines are Resistance levels.
How to use?
• Buy Low and Sell High.
• Brighter zones means strong Support or Resistance.
• Weaker zones appear lighter.
• Brighter zones are formed by overlapping of lines from multiple levels of support or resistance.
Indicator Menu
• The indicator can input 5 different Lengths.
• The default settings uses 13, 21, 52, 100 & 200.
• Every option are customizable.
FX Sessions - All in OneFX Sessions - All In One
This Script offer a wide variety of goodies
SESSION OPEN
it will draw a line for the TOP, MID and LOW of the asian session (you can adjust the hours of the session)
It will draw a line for the TOP and LOW of the London Session (you can adjust the hours of the session)
It will draw a line for the TOP and LOW of the NY Session (you can adjust the hours of the session)
SEPARATORS
while on lower timeframe, you will have a separator for days that occurs at midnight NY time
While on Daily timeframe, you will have a separator that will separate every month, on the 1st trading day of that given month
IMBALANCE
The candle leaving imbalance (a candle where there is a portion that is not matched with a price action left or right)
NY Midnight opening price
a dotted line will be drawn (up to 500 bar limitation) from NY open until it reaches either the 500 bar or the end of the day.
on lower timeframe (below 3 minutes) the bar will not reach the end of the day
Liquidity mapLocate institutional daily, weekly, and monthly liquidity intervention zones in an innovative format that allows you to fractalize the degree of trend reversal opportunity across multiple lengths!
Far from the traditional formats to tell you "where's the high/low", we display with this map the grab levels relating to the amplitudes of the measured period.
You can check "show old levels" to backtest these potential fractal reversal areas.
Use the levels that interest you according to your working UT (scalping, intraweek, swing, etc.), or take all the elements into consideration for your trading management :
Confluence the information to optimize your entry and shelter your stop loss under strong levels rejections !
Default parameters are: display high/low weekly & monthly, display liquidities levels in daily.
Futures Exchange Sessions 2.0Description
Successor to Futures Exchange Sessions indicator. Completely rebuilt code from the ground up. Every feature has been redesigned and refactored to be the most beneficial while allowing for complete configuration by the user.
This indicator displays Futures Sessions as live boxes that expand dynamically as price moves over the time interval. These boxes make liquidity levels extremely easy to spot and visualize. It helps the user identify market structure and develop their own bias of price action. Everything about the Session boxes can be configured. Box color, border color, border style, and border width are all individually controllable. Each Future Session can be turned on or off at any time. Also, each box has their own text label (Asian Session, London Session, New York Session) and this text can be moved around the box, change color, and change size.
Previous days highs and lows (major liquidity levels) are always important to the futures trader. This indicator now allows the user to individually display the three previous days highs and low levels as lines with optional label. Each line can be independently toggled on or off and like always, every conceivable customization option is available to the user. And the labels can be moved to the right (via the Input Settings) to allow unobstructed views of candles.
The midnight EST open and 8:30 AM EST open horizontal lines (developed by the Inner Circle Trader) are returning in this indicator. But the biggest improvement is that the lines stop at the current bar or the last bar of the trading day. Additionally, the time lines are displayed on previous days so the user can easily see how the candles reacted to these important times of the day.
The Session boxes and the horizontal time lines now can be set to only display a certain number of day back. If the user wants just to see Session boxes for the previous day only, they can do that. If the user wants to see the last 15 days of boxes or lines it is very easy to increase the days back in the settings. Currently, the max days back is 80 calendar days.
Additional Images
Easily visualize and understand price action across time
Everything is customizable so the user can easily match this indicator to their color preferences
Special Notes
To turn off box session text set opacity to 0%
Boxes and horizontal time lines only display when timeframe is <= 30 minute
Liquidity Heatmap LTF [LuxAlgo]This indicator displays column heatmaps highlighting candle bodies with the highest associated volume from a lower user selected timeframe.
Settings
LTF Timeframe: Lower timeframe used to retrieve the closing/opening price and volume data. Must be lower than the current chart timeframe.
Other settings control the style of the displayed graphical elements.
Usage
It can be of interest to show which candles from a lower timeframe had the highest associated volume, this allows for the highlighting of areas where a candle body was the most traded by market participants.
The area with the highest activity is highlighted in the script with a yellow color (or another user selected color) and additionally by two lines forming an interval.
When the candle body with the highest volume is overlapped by a candle body with lower volume this one will be highlighted instead, hence why certain areas of high activity might not be highlighted by the heatmap.
It is recommended to hide regular candles or use a more discrete graphical presentation of prices when using this tool. Lines are also displayed to highlight the full candle range as well as if a candle was bullish (in green) or bearish (in red). These lines can be hidden if the user is only interested in the heatmap.
Price Action All In One IndicatorIf you are the one who is "Price Action" style & does not want to use many indicators or complex indicators or you are an ICT (The Inner Circle Trader)
student or ICT charter, this simple beautiful All In One Indicator is right for you.
The indicator has the following functions.
TIME ZONE SETTING
The default timezone is New York Time GMT-4, if you leave the time zone setting blank, it will use the symbol timezone. Note that the trading time changes with one hour delay in winter. so if you just trade forex, and leave the time zone setting blank, TradingView will adjust the symbol timezone automatically for you or don't forget to change the timezone setting GMT-4 or GMT-5 depending on daylight saving time.
STATISTIC PANEL
You can choose which panel to show through settings.
Session Info Panel : pips info of ADR, Asian, London, and New York sessions.
Trend Panel : showing trend (up/down) of
5m/15m/1h/4h/D/W time frames (TF)
4MA (default values: SMA with lengths: 20–50–100–200)
Money Management Panel : in trading, money management is very important. Just put the % risk, & stop loss value below, the indicator will calculate a suitable size/amount for each trade.
Size by Lots: input stop loss in pips
Size by Units: input stop loss in % (of price)
(*)Units size is calculated by % stop loss & current bar close price. You have to determine a stop-loss price to convert to % stop loss by yourself.
TIME SEPARATORS
We can choose which time separators we want to display. The indicator has 5 options: Anchor Time/Day/Week/Month/Quarter. Of course, we can choose to show just one or all 5 of them.
With Anchor Time you can choose which time you want to draw a vertical line for better timing analysis. This can show up to 2 Anchor Time lines. The default values are 00:00 (New York Midnight Opening) and 08:30 (New York Session Opening). You also have an option to show the past lines or not.
About Day Separator, cause TradingView has supported Session Breaks in Setting but if you don't like to use it or when enabling, it distracts you, you can use mine. My favorite trading dates are Tuesday & Wednesday.
PRICE LEVELS
For intraday trading, the high/low/close of the previous day, the previous week, ADR (default period is 5) are very important key levels. You can choose which one you like to show for better analysis. Of course, you can change the color & style of the lines. This is also my favorite indicator.
This indicator also has an option to show up to 2 price lines at a specific time, you can choose the price type (high/low/close/open) that you want to display. The default time values are:
Specific Time 1: 0:00. (New York Midnight Opening Price)
Specific Time 2: 8:30 am. (New York Session Opening Price)
ACCUMULATION ZONE
The market tends to reprice the higher/lower to the old high/low or imbalance/fair value price to promote buy/sell stops or to provide smart money pricing for long/short entries. Typically, it redistributes quickly and you must learn to anticipate them at key levels intraday. Weak short/long holders will be squeezed in the retracement.
Except for the open price, the price changes continuously until the closing time, so the accumulation area can also be changed in real-time, but if you combine it with other information when analyzing, you can predict/determine whether the zone has been established or not with high probability. In short, price needs time to be accumulated, I usually don't pay attention to this daily zone till London open/close or New York sessions
Not only daily zone, but the indicator also supports higher timeframes accumulation zone from
SESSION & STD
There are 3 sessions: Asian, London, New York. The default values are below (New York Time).
Asian: 19:00 ~ 00:00
London Open (London KillZone): 01:00 ~ 05:00
New York Open (New York KillZone): 07:00 ~ 10:00
If you do not want to show the label, just leave the label values blank or change them to whatever you want.
This is one of my favorite functions. I use it on 15m, 30m, 1h TF for Forex intraday trading. My favorite trading sessions are London Open & New York Open.
You also can choose to show or not Standard Deviations (STD). The default values are set for Asian Range STD and max STD levels can be shown are 5. I use the following 3 types of STD (New York Time):
CBDR (Central Bank Deviations) STD: 14:00 ~ 20:00
Flout STD: 15:00 ~00:00
Asian Range STD: 19:00 ~ 00:00
LOOKBACK HIGH/LOW/MID
Can show high/low/mid of the data ranges on the daily/4h chart. The default values are:
- 20–40–60 days back from today for daily TF.
- 30–60–90 bars back from the latest bar for 4h TF.
The default anchor bar for calculating the lookback is the latest one but with:
- 4h TF: we can change the lookback from the 1st day of the week.
- Daily TF: we can change the lookback from the 1st day of the month.
The indicator also has options showing the high/low/mid (equilibrium level) lines for better analysis. Especially, on daily TF, we have the option that can show up to 4 lines (25% for each one) of the data range.
Of course, you can change the colors or the style of the high/low/mid lines.
The lookback can be shown on the lower TFs for better detection when the market structure is shifted.
MAGIC BARS
Fractal bar : The bar's color is changed when the divergence occurs between the price & RSI. You can change the RSI period (default value is 14) & RSI source. (open/high/low/close,…)
Imbalance bar or liquidity void or fair value gap - whatever you call it. This is my favorite indicator when trading on all TFs.You can choose to extend the last n imbalance bars if you like in the settings. I make sure I covered all cases of imbalance/fair value gap.
OLD HIGH/LOW
First, this function is not used as the common Support & Resistance that retail traders usually use, so I call it Old High/Low. I usually use it in 2 ways:
Detect the next buy/sell stops that Market Makers aim to manipulate.
Detect whether market structure shifted or not (Break of structure)
In settings you can:
Set the period to detect high/low levels, the default value is 10. My other favorite values are 6 & 2.
On a lower time frame, you might want to set it to a large number to remove noise.
On a higher time frame, a small number is enough, I think.
Choose the numbers of the last lines you want to show on your chart.
Of course, the style of lines can be changed easily.
TRENDLINES
A very simple trendline with default pivot left strength is 10.
By default, trendline uses high/low price but you have the "Using close price" option.
LINEAR REGRESSION CHANNEL
The Linear Regression Channel is a three-line technical indicator used to analyze the upper and lower limits of an existing trend. It is a statistical tool used to predict the future from past data and is used to determine trend direction or when prices may be overextended.
You can choose
To fill the background or not
To show inner/outer lines or not
To change the colors/line styles of upper zone, lower zone, upper lines, lower lines, midline
DIRECTION BOX
Working on all TFs, this looks like the same with lookback function but if you would like to display them in a box for easily focusing/comparing with other symbols or for detecting divergence in a specific period. The indicator also has a setting to show or hide lines connecting between lows or highs.
Another example of how I use High/Low connecting lines to detect divergence between S&P 500 and NASDAQ 100.
ZIG ZAG
Can show up to 2 ZigZag lines.
This is suitable for traders who have difficulty in detecting key levels (recent high/low) of the prices to confirm market structure or just for drawing Fibonacci easily at those levels.
MA (Moving Average)
I believe that this is one of the most used indicators for every trader. There are 5 types of MA to choose from: EMA, SMA, WMA, VWMA, SMMA(RMA).
This can show up to 4 MAs. You can choose the source (close/high/low,…) for each one. My favorite values are 34 & 89 EMA.
This indicator also supports MA Bands. You can select which MA you want to display the bands, and the "width" of the bands can be changed via the settings.
WATERMARK
It's just a simple function but I think it's very useful for those who want to add Copyright info to the chart, to prevent others from copying it.
Others/known issues/limitations
In forex or stock (things that are traded only on weekdays), TradingView's does not include the latest bars till Monday so the Day Separator cannot fill that space. Because TradingView deals with those bars as Sunday's ones so I set the color of Sunday the same as Friday for good UI/UX. On Crypto charts, the indicator shows without problems.
If you see "Internal server study error", please try closing the current TradingView tab in your browser and reopening it in a new tab. The error will disappear.
Because TradingView does not provide any detailed error information when such "general error" occurs. It's very difficult to detect which function is causing this error or is there something that caused TradingView "overloaded" through a long time running/loading on that tab? Honestly, I don't know exactly the cause, but in my experience, this error often occurs in the following cases:
When you have the TradingView Tab open for hours. In my case, I usually leave TradingView tab open overnight & when I come back the next day, this error might appear. (I'm a Mac user & I almost never shut down my Mac)
When you change settings too many times, especially settings of drawing objects like line width in a using session, it might cause this error.
So, after changing the setting or when you come back for the next trade, please save & close that TradingView tab, and then open a new one, everything will work fine.
You can see the images below that show I have tested my indicator from 1-minute time frame, enabled all functions, change every setting to max values & everything still works fine.
Fractal Break Imbalance / Fair Value Gap (FVG) / Liquidity VoidFractal Break Imbalance / Fair Value Gap (FVG) / Liquidity Void
Order imbalances in either direction, either excess buy or sell orders, reduce liquidity. The market will seek to fill gaps sooner or later. The script marks an imbalance / FVG after a fractal break. It also marks any other imbalance.
Default Colours:
Green - Imbalance after fractal break to the upside
Red - Imbalance after fractal break to the downside
Yellow - Other imbalances
How To Use:
Gaps can be used to determine possible entries and targets. Those familiar with liquidity raids, supply and demand, and ICT concepts may realise it's potential.
Indicator in use:
ICT Index Futures Session LinesICT Index Futures Session Lines
Description:
The script is based on one of ICT's concepts on trading Index Futures. The script lays out the daily range from an intraday basis.
Range:
00:00 - New York Midnight
08:30 – New York Open (News events come out)
12:00/13:00 - New York Lunch (No trade time period)
13:30 - (Algorithm)
16:30 - Close
* The open, high and low lines are plotted from 00:00 to 08:30
How To Use:
You will need to check the daily bias. Prior to 8:30 you are to look for previous swing points where liquidity may exist. During the open you want to see if a high or low is taken out, and then wait for an energetic break/displacement for a potential FVG/imbalance retracement entry.
Strategy is for LTF (1 to 15m)
Default time zone is set to America/New_York (UTC New York), so lines will be plotted correctly regardless of user’s local UTC chart setting.
Daily and Weekly Sweep - LiquidityDaily and Weekly Sweep – Liquidity
Description:
The script is designed to illustrate the sweeps of the high and low of the previous day and week. The larger the ratio of shares traded to the percentage price change, the more deep and liquid the market is presumed to be, therefore the market maker always seeks liquidity. Liquidity rests above previous highs and below previous lows as many traders see these as obvious points to place their stops. These are areas on the chart where many orders are placed together and serve as tipping points for market makers. The script focuses on the previous day and week. We can assume these are potential areas for mitigation.
How to use:
The indicator plots the highs and lows of the previous day and week. On default, it also shows the high and low price for the first 8 hours of the opening day of the week. Users can customise this in settings. The weekly open is also plotted. The background changes colour once a daily/weekly high or low has been breached and stops at the extreme point of price. These areas may provide points of interest in the future.
A good understanding of supply and demand, order blocks, market structure, and how to identify fresh levels is expected to utilise it's full potential.
Alert function added for:
- Daily Sweep
- Weekly Sweep
Indicator in use:
Liquidity Raid - Stop HuntLiquidity Raid - Stop Hunt
The market always seeks liquidity. Liquidity rests above previous highs and below previous lows as many traders see these as obvious points to place their stops. These are areas in the chart where many orders are placed together and serve as tipping points for market makers.
The script marks the breach of a market structure high/low with a vertical line. The script has the option to show the current W,D,4H & 1H market structure high and low.
How to use:
Once a raid occurs, use a higher timeframe to search for high probability supply and demand zones. Price needs to react to something. You may have multiple breaches before a reversal happens as price is likely looking for fresh(untested) zones. So don't trade blindly.
A good understanding of supply and demand concepts, odds enhancers, and how to identify fresh levels is expected to utilise it's full potential.
Lines and colours are all customizable
Alerts function included.
Indicator in use:
Liquidity Pool - TradingEDThe use of this indicator is restricted to private use, and it can be used only by invitation. Different functionalities have been added to the original codes, such as alerts and signals that seek to make trading much easier to interpret by any type of trading operator of any experience level, from beginner to intermediate and advanced .
Key components:
• Follow the liquidity levels, as they are going to attract the price sooner or later.
• Never open positions opposite to a liquidity level’s direction.
• During the price movement towards a liquidity level, there appears a high probability to cross that level.
• When a liquidity level is crossed, the reversal movement is quite a frequent consequence, as major players are not interested in a level anymore.
When support and resistance levels are held for a long time, the highest liquidity is cumulated above or below those levels, so this is why "Liquidity pools" occur around key support and resistance, or areas on the chart where a lot of trading activity takes place. If you trade, you need this trading activity to get your order filled. Most retail traders don’t have to worry about liquidity when it comes to getting filled. In fact, even some professional swing or trend traders may not have to worry about it. A string of order types cumulates an asset’s liquidity there. This is why investors drive prices into those areas, creating new liquidity levels.
Main functions of this indicator:
1) The SOURCE for the counts can be determined by the trader (close, open, etc).
2) The MEASURE can be based on a CANDLES count if you are trading OHLC Charts from 1D onwards, or if your trading is intraday, you can also select counts by MINUTES, HOURS or DAYS, depending on your trading style.
3) LENGTH, by default it will be loaded as in the STRATEGY, but considering the previous point, you can modify it according to your convenience.
HTF Liquidity Levels█ OVERVIEW
The indicator introduces a new representation of the previous days, weeks, and months highs & lows ( DWM HL ) with a focus on untapped levels.
█ CONCEPTS
Untapped Levels
It is popularly known that the liquidity is located behind swing points or beyond higher time frames highs/lows (in a sense, an intraday swing point is a day high/low). These key areas are said "liquid" because of the accumulation of resting orders, mainly in the form of stop-loss orders. And this more significantly on higher time frames which have more time for stacking orders. As the result, the indicator aims to keep track of untapped levels that have their liquidity states intact.
Liquidity Pools
Once a liquidity level identified, or better, a cluster of liquidity levels work as magnets for the market. The price is more likely to make its way towards heavier pockets of liquidity, by proximity (the closest liquidity pool), and by difficulty (path with less obstacles). This phenomenon is referred as liquidity run, raid, purge, grab, hunt, sweep, you name it. Consequently, the indicator can help you frame a directional bias during your trading session.
█ NOTES
Drawings
Once a level is tapped, it is highlighted. At the end of each day, all tapped levels are cleared.
Session TPO Market ProfileIntroduction
Wikipedia: A Market Profile is an intra-day charting technique (price vertical, time/activity horizontal) devised by J. Peter Steidlmayer, a trader at the Chicago Board of Trade (CBOT), ca 1959-1985. Steidlmayer was seeking a way to determine and to evaluate market value as it developed in the day time frame. The concept was to display price on a vertical axis against time on the horizontal, and the ensuing graphic generally is a bell shape--fatter at the middle prices, with activity trailing off and volume diminished at the extreme higher and lower prices. In this structure he recognized the 'normal', Gaussian distribution he had been introduced to in college statistics.
Important : The market profile tool is designed to be used on the 30min timeframe, however, you can modify its parameters and use it on lower timeframes (15/10/5min)
This indicators displays the following information
Session open
TPO
Value area calculation zone
POC
Highlight of Single prints
Session High/Low
The current price (TPO Profile is often used isolated without any candlesticks on it)
Parameters
Session beginning configuration (not coded with a session input yet)
Number of candles to use for calculation (default 13 for a single session)
Extend yesterday's levels (VAH/VAL/POC)
Show/Hide Market profile calculation area (background color)
Bars number (number of rows that will be used to draw the profile)
Show/Hide TPO's
TPO Colors customization (For in/out of VA, VAL/VAH/POC/High/Low levels and single prints)
Show/Hide High/Low levels
Show/Hide VAL/VAH/POC Levels as lines
Enable/Disable Single prints highlighting
Value area size (as percent)
Show/Hide current price (corresponding to a line scaled on the "close" price)
Additional Notes
Each session is drawn when the day is over
To use as much space as possible, TPO's are not directly drawn on the area of their calculation (which can be confusing if you use candlesticks directly over it)
This script will probably be updated in the future (especially concerning its implementation which is a bit spaghetti coded for now) .
If you have interesting suggestions about new features that are usual within market profile tools and missing from this script , don't hesitate to suggest it.
Smart Money Concepts(v0.01) - SoldiSmart Money Concepts
We are very pleased to be releasing our latest addition to the Soldi tools, called Smart Money Concepts. What this indicator was built to be is a guideline and tool to help a trader develop the mental mind state of a Smart Money Trader. Picking up on the digital footprints that they might have missed! This is our first iteration of this tool but we have so so much more coming to bring to this tool! So much that we might need to release 2 scripts to be able to efficiently fit it all in. As always Soldi/MMCFX always try to raise the bar on what is possible with PineScript and what advanced concepts we can bring to the retail market with ease, this project was insanely fun trying to get together and we spent a lot of months talking with and doing sessions with very well versed traders who only specialize and solely trade live with Smart Money/ICT Concepts. After many months of talking with and working with these traders we believe we have put together a very unique tool that any SMC trader would love to have in their tool belt.
What is Smart Money Concepts?
Smart Money Concepts (SMC) is the practice of trying to track the digital footprints left by Market Makers and large money traders like Institutional bodies and brokers. I believe this concept was originally developed by Inner Circle Trading (ICT), who has some great great content for free on YouTube. To my knowledge he was the father of the concepts being taken mainstream to retail individuals. Since then, there has been many other who have released content on these theories. For the sake of congruency we have only developed these tools based off the knowledge and practices taught by ICT.
What is Included within this tool?
What is currently Included with this tool are the following.
Market Structure - This includes Break of Structures (BOS) and Change of Characters (CHoCH), It was really important for us to define the different shifts that SMC traders track and follow so we built a unique customizable system that allows the traders to track these Market Structure shifts in real-time. Part of this module includes the option to plot the High/Low labels, by putting this settings on you will mark out the swing points as their respective Higher High(HH), High Low(HL), Lower Low(LL) and Lower High(LH) . This feature is a great way to help familiarize yourself with spotting these instances, there is a slight lag due to the nature of the calculations for tracking the Swing Points. By default we track 4 left bars and 4 right bars, on the 5th bar if the swing point returns true you will see the label plot itself. If you have a higher bar count you will need to wait till x+1 to see the label be plotted. eg. 7 bar count on the left and right, you will need to wait till the 8th bar to see the label be plotted.
By changing the bar counts you also change how the Market Structure module picks up the Market shifts (BOS/CHoCH)
4 bar left, 4 bar right example:
7 bar left, 7 bar right example:
Liquidity Sweep - This part of the Market Structure module is still being worked on and built out, this feature is meant to help a trader identify potential liquidity sweeps that have taken place past or present by switching the bar color to the user defined color (default yellow). There are many different types of liquidity sweeps that can take place and we are still working on the different profiles of these! More profiles will be added to the the updates in the future to help identify these potential trade areas
Liquidity Sweep example:
Trend Bars - This part of the Market Structure module helps traders identify structure trends based on the breaks of existing structure. Again this will shift as you play with the bar count settings, low bar count will identify faster swing points and shifts where as higher bar counts will identify longer term structures. By having this setting on it will change the bar colors to Red(Bearish) or Blue(Bullish) by default, we recommend to change your candles border settings to make this more visible.
7 bar left, 7 bar right. With High Low Labels and Trend Bars
Fair Value Gaps - This module will track the Fair Value Gaps and Imbalances that will take place in real-time. Once the final candle closes it will plot the FVG. Unlike other FVG indicators on TradingView we hold and store ALL the FVG's that take place, other indicators will only hold on to x amount of the FVG's and as new ones enter the list the old ones get bumped out. We didn't like this idea, so what we did was instead store all of the FVG's but create a threshold to where they would be plotted, eg. if you set the threshold to 4% it will only show you the FVG's within a 4% range from the current price. This way you still have access to all the data with out compromising but it helps you focus on the current data at hand.
Fair Value Gap/Imbalance - 3% threshold example
Fair Value Gap/Imbalance - 8% threshold example
Order Blocks - This was an especially interesting module to build, just like the FVG's we found that a lot if not all the authors on TradingView haven't actually been coming close to tracking and plotting true ICT style Order blocks. We set out to change that though, again through a unique approach we have built this Order Block indicator. To also comment on the other scripts out there that claim to track Order Blocks, not a SINGLE script mentions anything about Validated Order Blocks , which was especially important to all the SMC traders I have talked to and had help from building this indicator. Just like the FVG piece this also has a 'threshold' plot, but not only that it gives you the option to look at "No Validation" and "Validated" Order Blocks. With soon another style of Validation to choose from. If you choose the "Validated" option the script will actively seek Order Blocks that have a POI/liquidity sitting above it. I also want to make it clear that based on your bar count settings the order blocks will differ, as they are also based from structure breaks!
Order Blocks with "No Validation" example
Order Blocks with "Validation" example
Advanced Session Tracking - We always seek to out do what has been done and what we have already done, that being said we built our Advanced Session Tracking module to follow each user define Session's Open, High, Low, Close, Liquidity threshold and extend that into the next session . As per our last KillZone indicator we also included the Forward Plotting feature which will plot the defined sessions 24 hours in advance vs only showing you real time. Many if not all Session tracking tools on TradingView only show you real-time and in the past when the define sessions are but we find that to be a very silly practice because as SMC traders you know how important it is the relation between time and price. Instead of reacting to the sessions you and prepare for the sessions ahead of time anticipating when price might react to time.
note: There is a small bug with tracking the crypto based sessions, this is working to be fixed for the next update, check the release notes to see when the fix occurs
Session Background plots with forward plotting example
Session Backgrounds with High/Lows and Liquidity range example
What is to come with the updates?
We are always looking to improve anything, even if it is just a fraction better. That is why we are continuing to work with our SMC traders to refine the concepts, profiles, coding as well as the logic behind the calculations.
Here is a list of what we are planning and working on to be released in the updates to come!
Intra-Day Profiling - Each day has a profile, what we want to achieve is to track and predict these profiles
Liquidity Scanner - There are different types of liquidity that form and we want to be able to find and track these
Smart Trend Alerts - We want to combine quant methods into SMC to provide high probability trade ideas
User Suggestions - We are always open to work with the community to bring features they want
If it's not Soldi, it isn't money
Jimmy's Dikfat DaytraderThis Day Trading Indicator applies the use of multiple techniques designed to maximize profits and trade success probability while utilizing proprietary mathematical techniques to calculate specific high probability Pivot Points, Break of Structure, Supply and Demand, previous days High and Low, Liquidity Hunts, Dynamic Trend Lines and Fibonacci Discount Zones. The combination of these techniques combined with unique mathematical calculation & variance allow the user to make an informed analysis to take high probability trades by exposing Market Maker discount zones and highlight smart money purchasing.
Pivot Points: A traditional pivot point is described as an individual candle high that is higher than the previous two candles to the left and forward two candles to the right. Likewise a pivot is also an individual candle low that is lower than the previous two candles to the left and forward two candles to the right. In this indicator standard pivots are highlighted as yellow and white candles. Yellow candles are High or Top Pivots; White Candles are Low or Bottom Pivots. The number of pivots checked for either left or right or both can be changed in the settings. Increasing this value will add more pivot points to the chart, decreasing this value will add less. It is recommended to change values left and right with the same number.
Note: In this study, all traditional pivots will be highlighted by yellow or white for the advanced user, but not all pivot markers will highlight all pivots for the purposes of identifying a high probability trade.
Break of Structure: Break of structure occurs when current price drops below or likewise rises above a pivot point. For the purposes of this study, a break of structure tag will appear over a previous pivot tag ONLY when there is a candle close below or above the previous pivot for the purposes of identifying liquidity hunts and high probability trades. As you will note in the example chart, break of structure is used to determine not only trend but high probability trade areas by identifying market structure. Unbroken pivot highs or lows can be used to take trades, with a stop below the low (or above the high) of the unbroken pivot candle. BOS (Break of Structure) Tags will effectively show where market participants do not want to take a trade and be chopped up in a market that is trending only 30% of the time. BOS also gives future indication of where the Market Makers are taking price action. Breaks of structure in a particular direction typically indicate a continuation of price action in that direction. Trade opportunities occur after the pullback in the opposite direction of break of structure. This highlights areas traders can take on the pullback, in the direction of structure breaks, typically on unbroken pivots.
Note: In this study, not all BOS (Break of Structure) markers will highlight all breaks of structure for the purposes of identifying a high probability trade. Some very few examples of structure is not marked as broken to assist in identifying Liquidity Hunts.
Liquidity Hunt: A Liquidity Hunt is where price action moves in the opposite direction of an intended move (typically with high magnitude and velocity) to gather "Liquidity" and trigger stops created by traders caught in the break of structure zone. Any unbroken pivot is a relevant area of Liquidity. Some of the High probability areas of Liquidity will be found at Equal (or near equal) Lows or Equal High pivots. Current areas of Liquidity are marked on the chart as an Aqua (Light Blue) Background line that extends right infinitely. Once Liquidity has been taken at one of these lines, the Line will "Break" And stop displaying forward. The number of pivots calculated specifically for break of structure and Liquidity Hunts can be changed under the Liquidity Hunt setting. Much like with pivots, it is recommended to change these numbers with the same value for best results.
Due to the complexity of the math, Some liquidity pivots will only confirm and display a pivot tag after twice the candles defined have been found to the left and right under liquidity hunt settings, and some will display after the exact number specified in settings. As noted previous some will not display at all due to the high probability nature of this indicator and having been found as a "cluster" in the Supply and Demand Boxes.
Supply and Demand Boxes: Supply and Demand boxes will be created when a specific number of pivots are found in succession or in a "cluster" and a box will be drawn from the current grouping of pivots, first pivot high to the nearest pivot low in the cluster. This unique style of supply and demand box drawing has been proven to be an effective identifier of buying and selling in the price action, or likewise support or resistance upon return to these boxes. The boxes were specifically designed to identify high probability areas of Supply and Demand and are more likely to be areas of high probability buying and selling. Supply is when price action moves into or creates an area where sellers are waiting. Demand is when price action moves into or creates an area where Buyers are waiting. When price action creates a box, the box will remain Neutral with a white color while Price action remains within the box. This box will turn Red or into a Supply Box, when price action drops below the box boundaries. The box will likewise turn Green or into a Demand Box, when price action rises above the box boundaries. Any return to a colored box from the direction it was created could be anticipated as a retracement to continue in the direction of price action indicated by the box.
In the settings boxes can be extended to the current bar right to show previous areas of supply and demand, or can be left "Truncated" or in box form as a highlighter for cluster analysis.
Previous Days High and Low: The previous days High and low will be displayed on the current day as a magenta line. Some traders use these lines to anticipate price action on the day compared to where price action is moving relative to the previous day. Historical Magenta lines are also the marked on a specific day, for the previous days High and low. Historical Lines can be turned off by reducing Opacity of the setting to Zero, leaving only the previous days high and low on the current day.
Dynamic Trend Lines: Trend Lines will be created automatically that will connect unbroken pivots and extend right, highlighting the current trend. (Coming Soon™️)
Fibonacci Discount Zone: The Fibonacci Discount Zone can be found by measuring an unbroken pivot High or Low, that breaks structure left to create a new High or Low. When structure is broken and price begins a retracement before moving back in the direction of the broken structure, the retracement is typically back into the "Discount Zone" between the 618 and 786 Fibonacci zone. This zone will be automatically plotted as a light grey box in the background of the chart. (Coming Soon™️)
Liquidity_Zone by SebasVentuLiquidity_Zone by SebasVentu It is a strategy that shows the liquidity zones and also has a simulator
Es una estrategia que muestra las zonas de liquidez y ademas cuenta con un simulador
Makuchaku's trading tools - Liquidity visualizerThis indicator plots those pivots/fractals which have not been taken out by price, whereby showing where are the clusters of highs/lows where stop orders (or liquidity) could be hiding.
This is a fantastic tool for taking reversal trades.
Liquidity RaidThe market always seeks liquidity. Liquidity rests above previous highs and below previous lows.
The script highlights the breach of a market structure high or low (W/D/4H/1H), and will alert you on the first fractal break in the opposite direction.
The idea is that the raid happens, and you are only alerted once a candle breaks a fractal and closes in the opposite direction.
When a signal is printed, it does not mean to enter immediately. It just means that there is a fractal break in the opposite direction, and that you will need to assess current price action and market structure for a potential trade on pullback.
You still need to take HTF directional bias, market structure, order blocks and imbalances into consideration.
The script is for trading on on smaller time frames (1/2/3/5m).
Fractal periods, lines and colours are all customizable
Impermanent Loss TrackerThe indicator helps to track the percentage loss/gain of the quantity of the asset as a result of LP rebalancing due to price changes.
Calculations are based on the common AMM equation x * y = k.
This is the initial version of the indicator. It is certainly a subject to further improvement. If you have any suggestions send them here at andmax071@gmail.com.
Thank you for trying this out.
MarketReader_StrategyMarketReader_Strategy is a very useful and advanced indicator:
- It draws buying (green) and selling (orange) zone .
-Once the buying or selling zone is tapped, the color is automatically changed to grey
-It shows liquidity pool ($$$) engineered by market behaviour
Buying or selling area are determined by an algorithm that combines volume profile, Elliott Wave principles and order flow delivery .
On the above example:
At “1” , you can see that the first buying zone is drawn since January 12
At “2” , the buying zone is tapped on January 18 with a strong bullish reaction.
At “3” and “3’” , you can see that liquidity pool has been created by market maker on both buying and selling side. It is typical of market behavior.
Market maker will take the downside liquidity by targeting the buying zone and then reverse (to the upside) targeting the upside liquidity pool that fuel the pump to the selling zone “4” . This selling zone is reached at “5” with a strong bearish reaction.
“6” represent active buying zone, waiting to be tapped.
To buy or take profit on these areas will depend on market behavior on the way down. Does the market engineer liquidity before? We use 2 complementary indicators helping us to take position on these areas but feel free to experiment with your own.
Usually, I wait price comes to selling or buying zone, then I go on lower timeframe (15 to 30 times lower) searching for divergences and convergences on Momemtum reader (also available on tradingview)
This indicator does not repaint and works on Forex, Crypto, Indices, Commodities and stock.
Demand & Supply Zones [eyes20xx]Demand & Supply Zones
This indicator helps to identify large moves driven by institutions.
What qualifies as a zone?
If the price moves (open to close) by more than a certain % in one candle or in a bullish / bearish run of candles, the zone is marked as a Demand or Supply zone .
0.8% is good for Crypto and Forex might be better with 0.4%. Play around with the % to match your requirements.
Active zones
A zone remains active until it is hit by the price. When it becomes inactive, the zone background becomes transparent.
Zone lines
Lines are displayed if the zone is active and within a certain % of the close. 3% is a good setting for Crypto.
A maximum of two lines are displayed for each zone type.
