Multiple Indicators Screener [NASAlgo]Functionality Overview
This Multiple Indicators Screener is a powerful tool for traders who need a quick, organized, and multi-timeframe view of market conditions. By combining trend, momentum, and volatility indicators, it helps traders:
✅ Identify high-probability setups
✅ Avoid conflicting signals
✅ Save time by analyzing multiple assets at once
Ideal for scalpers, day traders, and swing traders looking for an efficient way to scan markets.
Multiple Indicators Screener is designed to help traders analyze multiple technical indicators across different timeframes and symbols in a single, organized table. It provides a comprehensive view of market conditions by evaluating:
Moving Averages (MA) – Distance from price (above/below)
Relative Strength Index (RSI) – Overbought/Oversold conditions
Stochastic %K – Momentum signals
True Strength Index (TSI) – Trend strength and direction
Average Directional Index (ADX) – Trend strength
Supertrend – Trend direction (Up/Down)
The screener supports up to 13 different symbols and three customizable timeframes, allowing traders to compare multiple assets and timeframes efficiently.
How Traders Can Use This Screener
Trend Identification
Check if price is above/below MA (trend bias).
Confirm with Supertrend & ADX (strong trend if ADX > 40).
Overbought/Oversold Conditions
Look for RSI, Stochastic, and TSI in extreme zones (potential reversals).
Multi-Timeframe Confirmation
Example: If 5min RSI is oversold but 15min trend is bullish, traders may look for long entries.
Swing Trading & Day Trading
Swing traders can use higher timeframes (1H, 4H) for trend bias.
Day traders can use lower timeframes (5min, 15min) for entry signals.
Portfolio Monitoring
Track multiple assets in one place to spot the strongest trends.
Multitimeframe
🔥 Nikko Ultra-Active Scalper (MACD + RSI)🔥 Nikko Ultra-Active Scalper (MACD + RSI)
This is a fun, high-frequency scalper with some unpredictable results in backtesting. II recommend you backtest it over a 1-year period with CRYPTOCAP:SUI to see for yourself.
While the strategy works in live conditions, there seems to be a strange issue with how TradingView calculates the backtesting (the Hold blue line behaves oddly). It might be due to certain factors in the script's execution, but I’m not entirely sure. Sor example I get a negative PNL while making profit? That is weird. I might have missed something.
I’ve not encrypted the source code, so I’m hoping someone in the community can help identify why the backtest results are behaving unexpectedly.
Enjoy experimenting with this little bot, use 1m-2n timeframe— and while it’s fun to imagine getting rich with minimal effort, remember, it’s just for entertainment and educational purposes!
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DESCRIPTION: READ FIRST
This script is a high-frequency trading strategy written in Pine Script v6 for use on TradingView, designed to open several long positions per day on fast-moving markets like crypto. Here's how it works:
📌 Strategy Overview:
It uses short-term technical indicators — MACD and RSI — to detect brief momentum bursts, enters trades quickly, and exits with a tight take-profit. It’s optimized for 1-minute timeframes.
🧠 Entry Conditions (When it Buys):
The strategy opens a long position when:
MACD > Signal Line using fast settings (6,13,5):
This shows short-term upward momentum.
RSI > 40 with a 7-period length:
This confirms bullish strength, even if modest.
Because the settings are very relaxed, this combination triggers frequently, producing multiple trades per day.
🎯 Exit Condition (When it Sells):
It closes all open positions when:
The price rises to a set profit target (takeProfitPercent, default 0.9%).
There is no stop loss or trailing stop — this means the trade will stay open until it either hits the profit or you close manually (or modify the script).
⚙️ Other Features:
pyramiding = 100
Allows up to 100 simultaneous open positions (great for scalping in volatile uptrends).
strategy.percent_of_equity = 1
Each trade uses 1% of available equity, but can be adjusted.
Visual Bar Coloring
Bars turn green when an entry condition is met (barcolor(entryCond ? color.lime : na)).
📈 Designed For:
1-2 minute(S) timeframes
Volatile assets (crypto, meme coins, high-volume stocks)
High-frequency trading where you're in/out fast with small gains
Timeshifter Triple Timeframe Strategy w/ SessionsOverview
The "Enhanced Timeshifter Triple Timeframe Strategy with Session Filtering" is a sophisticated trading strategy designed for the TradingView platform. It integrates multiple technical indicators across three different timeframes and allows traders to customize their trading Sessions. This strategy is ideal for traders who wish to leverage multi-timeframe analysis and session-based trading to enhance their trading decisions.
Features
Multi-Timeframe Analysis and direction:
Higher Timeframe: Set to a daily timeframe by default, providing a broader view of market trends.
Trading Timeframe: Automatically set to the current chart timeframe, ensuring alignment with the trader's primary analysis period.
Lower Timeframe: Set to a 15-minute timeframe by default, offering a granular view for precise entry and exit points.
Indicator Selection:
RMI (Relative Momentum Index): Combines RSI and MFI to gauge market momentum.
TWAP (Time Weighted Average Price): Provides an average price over a specified period, useful for identifying trends.
TEMA (Triple Exponential Moving Average): Reduces lag and smooths price data for trend identification.
DEMA (Double Exponential Moving Average): Similar to TEMA, it reduces lag and provides a smoother trend line.
MA (Moving Average): A simple moving average for basic trend analysis.
MFI (Money Flow Index): Measures the flow of money into and out of a security, useful for identifying overbought or oversold conditions.
VWMA (Volume Weighted Moving Average): Incorporates volume data into the moving average calculation.
PSAR (Parabolic SAR): Identifies potential reversals in price movement.
Session Filtering:
London Session: Trade during the London market hours (0800-1700 GMT+1).
New York Session: Trade during the New York market hours (0800-1700 GMT-5).
Tokyo Session: Trade during the Tokyo market hours (0900-1800 GMT+9).
Users can select one or multiple sessions to align trading with specific market hours.
Trade Direction:
Long: Only long trades are permitted.
Short: Only short trades are permitted.
Both: Both long and short trades are permitted, providing flexibility based on market conditions.
ADX Confirmation:
ADX (Average Directional Index): An optional filter to confirm the strength of a trend before entering a trade.
How to Use the Script
Setup:
Add the script to your TradingView chart.
Customize the input parameters according to your trading preferences and strategy requirements.
Indicator Selection:
Choose the primary indicator you wish to use for generating trading signals from the dropdown menu.
Enable or disable the ADX confirmation based on your preference for trend strength analysis.
Session Filtering:
Select the trading sessions you wish to trade in. You can choose one or multiple Sessions based on your trading strategy and market focus.
Trade Direction:
Set your preferred trade direction (Long, Short, or Both) to align with your market outlook and risk tolerance. You can use this feature to gauge the market and understand the possible directions.
Tips for Profitable and Safe Trading:
Recommended Timeframes Combination:
LT: 1m , CT: 5m, HT: 1H
LT: 1-5m , CT: 15m, HT: 4H
LT: 5-15m , CT: 4H, HT: 1W
Backtesting:
Always backtest the strategy on historical data to understand its performance under various market conditions.
Adjust the parameters based on backtesting results to optimize the strategy for your specific trading style.
Risk Management:
Use appropriate risk management techniques, such as setting stop-loss and take-profit levels, to protect your capital.
Avoid over-leveraging and ensure that you are trading within your risk tolerance.
Market Analysis:
Combine the script with other forms of market analysis, such as fundamental analysis or market sentiment, to make well-rounded trading decisions.
Stay informed about major economic events and news that could impact market volatility and trading sessions.
Continuous Monitoring:
Regularly monitor the strategy's performance and make adjustments as necessary.
Keep an eye on the results and settings for real-time statistics and ensure that the strategy aligns with current market conditions.
Education and Practice:
Continuously educate yourself on trading strategies and market dynamics.
Practice using the strategy in a demo account before applying it to live trading to gain confidence and understanding.
Modified Fractal Open/CloseModified Fractal (Open/Close Based) - Indicator
The Modified Fractal (Open/Close Based) indicator offers a new way to detect fractal patterns on your chart by analyzing the open and close prices instead of the traditional high and low values.
🧮 How it works:
The indicator evaluates a group of 5 consecutive candles.
The central candle (2 bars ago) is analyzed.
For a Bullish Fractal:
The open or close of the central candle must be lower than the open and close of the other 4 surrounding candles.
For a Bearish Fractal:
The open or close of the central candle must be higher than the open and close of the other 4 surrounding candles.
Once a valid pattern is detected, a visual symbol (triangle) is plotted directly on the chart and an alert can be triggered.
✅ Key Features:
Non-repainting signals (evaluated after candle close)
Fully mechanical detection logic
Easy-to-use visual signals
Alert conditions ready to be integrated into TradingView’s alert system
Suitable for multiple timeframes (can be used from M1 to Daily and beyond)
🎯 Use case:
This modified fractal approach can help traders:
Spot potential swing points
Identify possible reversals
Confirm price exhaustion zones
Support breakout or mean reversion strategies
⚠ Note:
This indicator does not provide trade signals by itself. It is recommended to be combined with additional tools, price action analysis, or risk management rules.
KDJ```
**KDJ Indicator - Enhanced Stochastic Oscillator**
The KDJ indicator is an advanced technical analysis tool that extends the traditional stochastic oscillator with an additional J line, providing enhanced momentum analysis for trading decisions.
**What is KDJ?**
KDJ consists of three lines:
- **K Line (Blue)**: Fast stochastic line showing short-term momentum
- **D Line (Orange)**: Smoothed version of K line, representing medium-term trend
- **J Line (White)**: Divergence line calculated as (3×K - 2×D), showing momentum acceleration
**Key Features:**
- Fully customizable parameters for optimal strategy adaptation
- Independent signal smoothing for K and D lines
- Visual background coloring for quick trend identification
- Standard overbought (80) and oversold (20) levels
- Clean, professional chart presentation
**Parameters:**
- **Period**: Lookback period for highest/lowest calculations (default: 42)
- **Signal K**: Smoothing factor for K line (default: 4)
- **Signal D**: Smoothing factor for D line (default: 4)
**Trading Signals:**
- **Bullish**: J line crosses above D line (green background)
- **Bearish**: J line crosses below D line (red background)
- **Overbought**: Values above 80 level
- **Oversold**: Values below 20 level
**Best Use:**
Ideal for identifying trend reversals, momentum shifts, and entry/exit points across all timeframes and markets. The J line provides early signals compared to traditional stochastic indicators.
Perfect for swing trading, scalping, and trend following strategies.
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ICT First Presented FVG - Multi-Sessions All TimeframeIf you know, you know.
Use "Monday Only" and you will find things you never seen before.
Recommended time ranges for beginners:
- 09:30 (M1)
- 13:30 (M1)
- 00:00 (M1, M15)
Some gibberish by AI below:
# ICT First Presented FVG - Multiple Sessions
## Overview
An advanced Fair Value Gap (FVG) indicator that identifies the **first FVG** within multiple customizable trading sessions. Based on ICT (Inner Circle Trader) concepts, this tool tracks price imbalances that often act as magnets for future price movement.
**Fair Value Gap (FVG)**: A three-candle pattern where the middle candle's range doesn't overlap with the first and third candles, creating an imbalance.
- **BISI** (Buy Side Imbalance, Sell Side Inefficiency): Bullish FVG
- **SIBI** (Sell Side Imbalance, Buy Side Inefficiency): Bearish FVG
## Key Features
### 🎯 8 Customizable Time Ranges
- Each time range tracks its own first FVG independently
- Smart validation ensures FVG forms within session boundaries
- Automatically adapts to instrument's timezone
- Works on all timeframes
### 📊 Display Options
- **BISI/SIBI Labels**: Shows type and date (e.g., "BISI 0614")
- **Custom Colors**: Separate bullish/bearish colors per time range
- **Extension Modes**:
- Standard: Box extends only during session
- End of Day: Extends to market close (auto-detects instrument's trading hours)
- End of Time: Extends indefinitely
### 🔧 Advanced Filters
- **Monday Only**: Show FVGs only on Mondays
- **First BISI/SIBI**: Display only the first bullish and first bearish FVG of each day
## Quick Setup
### Default Time Ranges:
1. **00:00-00:30** - Asia Open
2. **02:00-02:30** - London Prep
3. **08:30-09:00** - Pre-Market
4. **09:30-10:00** - First 30min
5. **11:30-12:00** - Lunch
6. **13:30-14:00** - Afternoon
7. **20:00-20:30** - Asia Session
8. **21:00-21:30** - Late Asia
*Note: Times are automatically adjusted to your instrument's timezone*
### Settings:
- **Time Ranges**: Toggle on/off, customize times and colors
- **Text Color**: Choose custom or auto-match box color
- **Max Days**: Limit historical FVGs (default: 3)
- **Extension Options**: EOD/EOT for different strategies
## Usage Examples
**Day Trading**: Enable Time Ranges 2 (02:00), 4 (09:30), and 5 (11:30) with EOD extension
**Scalping**: Focus on one time range, use 1-5m timeframes, standard extension
**ICT Concepts**: Enable "First BISI/SIBI" to identify daily bias, watch Time Range 1 (00:00) and 3 (08:30) for manipulation
## Tips
- Start with 2-3 time ranges to avoid clutter
- Lower timeframes (1-5m) show more precise FVGs
- Each timeframe may show different FVGs for the same session
- Disable unused time ranges for better performance
- Times automatically adjust to instrument's exchange timezone
Verticale 4H Candle Lijnen + Alarm4H candle opening time UTC+2.
Helps to know when 4H candles opens and closes.
CandelaCharts - 1st Presented FVG 📝 Overview
The ICT 1st Presented Fair Value Gap refers to the first FVG that forms after the market opens at 9:30 AM New York local time. In a sideways market, it often acts as a catalyst for price movement in either direction, while in trending conditions, it tends to support and reinforce the prevailing trend.
This indicator automatically identifies the first Fair Value Gap (FVG) that forms after the New York session opens at 9:30 AM local time. Based on concepts taught by Inner Circle Trader (ICT), the 1st Presented FVG is a key institutional price imbalance that often sets the tone for the trading day.
📦 Features
Customize FVG session time (e.g. 09:30 – 10:00)
Show/hide session dividers
FVG visibility filter (e.g. Bullish / Bearish)
Advanced styling
Hide overlapping FVGs
Extend FVGs
Opening prices
⚙️ Settings
Show: Controls whether all, bullish only, or bearish only FVGs are displayed on the chart.
Session: Sets a specific time window (e.g. 09:30–10:00) to filter which FVGs are displayed.
Dividers: Toggles vertical session divider on the chart for visual separation.
Midline: Displays a midpoint (CE) line through the FVG; customizable color and thickness.
Border: Adds a border around each FVG zone.
Labels: Toggles label display for FVGs.
Hide Overlap: Hides overlapping FVGs to reduce visual clutter.
Extend: Extends each FVG forward in time.
Alerts: Enables alerts when price interacts with an FVG zone.
Opening Prices: Allows defining custom time-based levels (e.g. 00:00–00:01 and 18:00–18:01) with color and style options.
⚡️ Showcase
Simple
Labels
Bordered
Consequent Encroachment
Extended
Dividers
📒 Usage
How to Use the ICT 1st Presented Fair Value Gap in Trading
To apply the ICT 1st Presented Fair Value Gap (FVG), identify the first fair value gap of the day and extend it across the chart until 3:45 PM New York time.
You’ll often notice that some of the best trade setups form around this level. It tends to act as a key reference point for price action during the day—especially on trending days, where price frequently returns to this gap before continuing in its direction.
This level can also serve as an inverse fair value gap, offering opportunities in the opposite direction under the right conditions.
How to Disqualify the 1st Presented Fair Value Gap?
When the first fair value gap forms after 9:30 AM New York time, check the candles that came just before it.
If the candlestick that creates the FVG doesn’t break above or below the range of those previous candles, then it’s not a true inefficiency. In that case, it’s considered a disqualified 1st Presented Fair Value Gap—meaning it shouldn’t be used as a key reference level.
Refer to the example below to see what this looks like on the chart.
🚨 Alerts
This script provides alert options for all signals.
Bearish Signal
A bearish signal is triggered when the bearish 1st P.FVG is formed in interval 09:30 - 10:00.
Bullish Signal
A bullish signal is triggered when the bullish 1st P.FVG is formed in interval 09:30 - 10:00.
⚠️ Disclaimer
Trading involves significant risk, and many participants may incur losses. The content on this site is not intended as financial advice and should not be interpreted as such. Decisions to buy, sell, hold, or trade securities, commodities, or other financial instruments carry inherent risks and are best made with guidance from qualified financial professionals. Past performance is not indicative of future results.
ICT Macros boxesThis indicator allows you to annotate 26 customizable time-based boxes according to your specified times.
SHYY-TFC-Horizontal V2SHYY-TFC-Horizontal V2 – Multi-Timeframe Clarity for The Strat Traders
SHYY-TFC-Horizontal V2 is a powerful, clean, and efficient overlay designed for serious traders who use Rob Smith’s The Strat.
This real-time table gives you instant visual insight across all key timeframes – from 5 minutes to monthly – with:
Candle direction (bullish, bearish, neutral)
Strat bar type (1, 2U, 2D, 3)
Live countdown to bar close
Compact horizontal layout that saves space and enhances clarity
Fully customizable table position to fit any chart setup
Built with no lookahead bias, this version meets TradingView’s script publishing standards and is optimized for actionable, real-time decisions.
Ideal for:
Scalpers who need fast confirmation
Swing traders aligning entries with time frame continuity
Price action traders following The Strat methodology
Trade with confidence. See the full picture. React faster.
SHYY-TFC-Horizontal V2 – built to make you faster, sharper, and more in control.
Customizable RSI Multi-Timeframe Table (4-Color, Up to 15)Used Claude to tweak @JacekA's script to allow options for where users may want to position the table
Intermarket Correlation Oscillator (ICO)The Intermarket Correlation Oscillator (ICO) is a TradingView indicator that helps traders analyze the relationship between two assets, such as stocks, indices, or cryptocurrencies, by measuring their price correlation. It displays this correlation as an oscillator ranging from -1 to +1, making it easy to spot whether the assets move together, oppositely, or independently. A value near +1 indicates strong positive correlation (assets move in the same direction), near -1 shows strong negative correlation (opposite movements), and near 0 suggests no correlation. This tool is ideal for confirming trends, spotting divergences, or identifying hedging opportunities across markets.
How It Works?
The ICO calculates the Pearson correlation coefficient between the chart’s primary asset (e.g., Apple stock) and a secondary asset you choose (e.g., SPY for the S&P 500) over a specified number of bars (default: 20). The oscillator is plotted in a separate pane below the chart, with key levels at +0.8 (overbought, strong positive correlation) and -0.8 (oversold, strong negative correlation). A midline at 0 helps gauge neutral correlation. When the oscillator crosses these levels or the midline, labels ("OB" for overbought, "OS" for oversold) and alerts notify you of significant shifts. Shaded zones highlight extreme correlations (red for overbought, green for oversold) if enabled.
Why Use the ICO?
Trend Confirmation: High positive correlation (e.g., SPY and QQQ both rising) confirms market trends.
Divergence Detection: Negative correlation (e.g., DXY rising while stocks fall) signals potential reversals.
Hedging: Identify negatively correlated assets to balance your portfolio.
Market Insights: Understand how assets like stocks, bonds, or crypto interact.
Easy Steps to Use the ICO in TradingView
Add the Indicator:
Open TradingView and load your chart (e.g., AAPL on a daily timeframe).
Go to the Pine Editor at the bottom of the TradingView window.
Copy and paste the ICO script provided earlier.
Click "Add to Chart" to display the oscillator below your price chart.
Configure Settings:
Click the gear icon next to the indicator’s name in the chart pane to open settings.
Secondary Symbol: Choose an asset to compare with your chart’s symbol (e.g., "SPY" for S&P 500, "DXY" for USD Index, or "BTCUSD" for Bitcoin). Default is SPY.
Correlation Lookback Period: Set the number of bars for calculation (default: 20). Use 10-14 for short-term trading or 50 for longer-term analysis.
Overbought/Oversold Levels: Adjust thresholds (default: +0.8 for overbought, -0.8 for oversold) to suit your strategy. Lower values (e.g., ±0.7) give more signals.
Show Midline/Zones: Check boxes to display the zero line and shaded overbought/oversold zones for visual clarity.
Interpret the Oscillator:
Above +0.8: Strong positive correlation (red zone). Assets move together.
Below -0.8: Strong negative correlation (green zone). Assets move oppositely.
Near 0: No clear relationship (midline reference).
Labels: "OB" or "OS" appears when crossing overbought/oversold levels, signaling potential correlation shifts.
Set Up Alerts:
Right-click the indicator, select "Add Alert."
Choose conditions like "Overbought Alert" (crossing above +0.8), "Oversold Alert" (crossing below -0.8), or zero-line crossings for bullish/bearish correlation shifts.
Configure notifications (e.g., email, SMS) to stay informed.
Apply to Trading:
Use positive correlation to confirm trades (e.g., buy AAPL if SPY is rising and correlation is high).
Spot divergences for reversals (e.g., stocks dropping while DXY rises with negative correlation).
Combine with other indicators like RSI or moving averages for stronger signals.
Tips for New Users
Start with related assets (e.g., SPY and QQQ for tech stocks) to see clear correlations.
Test on a demo account to understand signals before trading live.
Be aware that correlation is a lagging indicator; confirm signals with price action.
If the secondary symbol doesn’t load, ensure it’s valid on TradingView (e.g., use correct ticker format).
The ICO is a powerful, beginner-friendly tool to explore intermarket relationships, enhancing your trading decisions with clear visual cues and alerts.
D/W/M High & Low LevelsThis utility plots the previous Day, Week, and Month high/low levels as persistent horizontal lines that span the chart. As any new day/week/month occurs, the lines adjust and update accordingly.
Features:
Toggle visibility for each of the 6 key levels:
- Prior Day High/Low
- Prior Week High/Low
- Prior Month High/Low
Customize any color and style (solid, dashed, dotted) individually.
Alerts available for price crossing any of the selected levels.
Works on any timeframe.
Use Cases:
Track key breakout/rejection levels for short- or long-term confluence
Identify zones of liquidity or prior reversal pivots
Overlay with trend indicators (like MAs or RSI) to frame context
Great for swing traders, scalpers, and systematic strategies that incorporate market structure.
MAs w/ Locked Time FrameThis script plots multiple simple and exponential moving averages on your chart, with the ability to lock each one to a higher timeframe (HTF), such as 1-hour or 1-day. Use individual switches for fine control, or a master override to apply the same HTF across all MAs. A chart label clearly shows which HTF is in use. Perfect for multi-timeframe traders and trend-followers.
Multi-Session MarkerMulti-Session Marker is a flexible visual tool for traders who want to highlight up to 10 custom trading sessions directly on their chart’s background.
Custom Sessions: Enter up to 10 time ranges (in HHMM-HHMM format) to mark any market session, news window, or personal focus period.
Visual Clarity: For each session, toggle the highlight on or off and select a unique background color and opacity, making it easy to distinguish active trading windows at a glance.
Universal Time Handling: Session times automatically follow your chart’s time zone—no manual adjustment required.
Efficient and Fast: Utilizes TradingView’s bgcolor() for smooth performance, even on fast timeframes like 1-second charts.
Clean Interface: All session controls are grouped for easy editing in the indicator’s settings panel.
How to use:
In the indicator settings, enter your desired session times (e.g., 0930-1130) for each session you want to highlight.
Toggle “Show Session” and pick a color for each session.
The background will automatically highlight those periods on your chart.
This indicator is ideal for day traders, futures traders, or anyone who wants to visually segment their trading day for better focus and analysis.
Multi-EMA with Daily EMA OverlayThe Multi-EMA with Daily EMA Overlay shows the 8,13,21,50,200 EMAs on the current timeframe. In addition shows the 50,200 Daily EMAs on every other timeframes.
Multi-EMA with Daily EMA(8,13,21,50,200) OverlayThis indicator shows the 8,13,21,50,200 EMAs on the current timeframe. Furthermore it shows the Daily 8,13,21,50,200 EMAs on every other timeframes.
CQ_MTF Target Price Lines [BitCoin Hoy]This script is dedicated to Esteban Pérez, host and creator of Youtube Channel "Bitcoin Hoy".
The idea behind this indicator is his daily sugestion of having a notebook to write down the Intraday, 4H, Daily and Weekly calculated target prices. All the community in his channel will find this script helpful.
After typing in the target prices, they'll be shown on the chart.
Thank you very much Esteban!
Professional Breakout ChecklistThe " Professional Breakout Checklist Indicator " designed to automate and visually represent the stringent criteria for high-probability breakout trade entries. This indicator transforms a manual checklist into a dynamic, chart-based system, leveraging TradingView's robust charting and custom indicator capabilities .
At its core, the indicator systematically identifies consolidation phases, which are crucial precursors to genuine breakouts. It achieves this by calculating the range of price action over a user-defined lookback period and comparing it to a multiple of the Average True Range (ATR), a measure of market volatility. When price tightens within this calculated range, the indicator visually shades the consolidation zone on the chart, signaling potential accumulation or distribution.
For a breakout to be considered valid, the indicator demands specific volume and volatility confirmation. It calculates the average volume over a set period and only triggers a signal if the breakout candle's volume significantly exceeds this average—specifically, 1.5 times the mean volume. This ensures that the price movement has strong conviction and institutional interest behind it, filtering out weak or false breakouts.
The breakout trigger mechanism is precise, requiring the breakout candle to close not just beyond the detected support or resistance, but by a user-specified number of "clearance ticks." This addresses the need to avoid noise and confirm the true breach of a level. Upon a confirmed breakout, the indicator immediately calculates and plots a suggested risk-reward setup. This includes a stop-loss level, derived from the ATR, and a take-profit target that adheres to a minimum 2:1 reward-to-risk ratio. These visual cues assist traders in defining their risk exposure and potential gains before entry.
Furthermore, the indicator integrates crucial market context by offering an optional trend filter, typically a 50-period Exponential Moving Average (EMA). This ensures that breakout signals align with the broader market direction, enhancing probability.
Beyond these core checklist items, the indicator incorporates professional enhancements. It provides an option to wait for retest confirmation, a strategy often employed by seasoned traders where price retests the breakout level before continuing its move, offering a potentially safer entry point. Additionally, a false breakout filter assesses the quality of the breakout candle, prioritizing those with strong bodies and minimal wicks, which are less likely to be "trap" moves.
The indicator is displayed directly on the chart, using visual cues such as shaded consolidation boxes, distinct shapes for bullish/bearish entry signals, and plotted lines for stop-loss and take-profit targets. Its design enables traders to efficiently analyze setups, confirm adherence to their trading plan, and receive timely alerts for potential opportunities, streamlining the decision-making process within the dynamic trading environment of TradingView
Bias Bar Coloring + Multi-Timeframe Bias Table + AlertsMulti-Timeframe Bias Bar Coloring with Alerts & Table
This indicator provides a powerful, visual way to assess price action bias across multiple timeframes—Monthly, Weekly, and Daily—while also coloring each bar based on the current chart’s bias.
Features:
Persistent Bar Coloring: Bars are colored green for bullish bias (close above previous high), red for bearish bias (close below previous low), and persist the last color if neither condition is met. This makes trend shifts and momentum easy to spot at a glance.
Bias Change Alerts: Get notified instantly when the bias flips from bullish to bearish or vice versa, helping you stay on top of potential trade setups or risk management decisions.
Multi-Timeframe Bias Table: A table anchored in the top right corner displays the current bias for the Monthly, Weekly, and Daily charts, color-coded for quick reference. This gives you a clear view of higher timeframe context while trading any chart.
Consistent Logic: The same objective bias logic is used for all timeframes, ensuring clarity and reliability in your analysis.
How to Use:
Use the bar colors for instant visual feedback on trend and momentum shifts.
Watch the top-right table to align your trades with higher timeframe bias, improving your edge and filtering out lower-probability setups.
Set alerts to be notified of bias changes, so you never miss a potential opportunity.
This tool is ideal for traders who value multi-timeframe analysis, want clear visual cues for trend direction, and appreciate having actionable alerts and context at their fingertips.
SniperMA Scalper (Long Only, Clean)use on 15s chart and back test from 01.01 2024 100.000k good luck and don't forget to like if you find good results
Trend ShaderThis simple but useful indicator automatically detects whether you’re on a 1 minute, 5 minute, or 15 minute chart (with sensible, pre-tuned EMA settings), and shades the chart background green when the trend is bullish, or red when it’s bearish. On any other timeframe it falls back to user-specified “manual” EMA lengths. The short and long EMA lengths are configurable on all timeframes. Really useful when you want to trade in the direction of the overall trend.
The color doesn't change until the trend is confirmed by a reasonable number of bars in the same direction so it doesn't just flip-flop with market noise. The confirmation bar count for each timeframe is also configurable.