Prophet Model [TakingProphets]Indicator Description
The Prophet Model is a structured, logic-driven indicator designed specifically for traders familiar with ICT (Inner Circle Trader) methodologies. Built to streamline the analytical workflow, this tool integrates multiple Smart Money Concepts into a clear and actionable trading framework, simplifying the identification of high-probability setups without chart clutter.
What Does This Indicator Do?
The Prophet Model guides traders by dynamically identifying and visually aligning key components of ICT methodology:
Higher Time Frame (HTF) PD Array Identification:
Automatically locates and maps critical Fair Value Gaps (FVGs) from higher timeframes onto your lower timeframe charts, clearly highlighting institutional areas of interest.
Candle Range Theory (CRT) Validation:
Monitors higher timeframe candles to detect shifts in market delivery, confirming directional bias according to ICT Candle Range Theory.
Liquidity Sweep Detection:
Precisely identifies buy-side and sell-side liquidity sweeps within marked HTF zones, clearly highlighting areas where price is likely to reverse or continue.
Change in State of Delivery (CISD):
Pinpoints the exact moment when market structure shifts via significant displacement, providing a clear reference point for trade entries.
Overlapping Fair Value Gap (FVG) Refinement:
Enhances entry precision by automatically adjusting entry points (EPE) when internal gaps overlap the CISD candle.
Risk Management Levels:
Dynamically calculates and plots your Stop Loss (SL), Break-Even (BE), and Take Profit (TP) levels based on actual structural movements (2.25x CISD range for TP, recent highs/lows for SL).
Real-Time Setup Checklist:
Provides a dynamic visual checklist confirming when all entry criteria (HTF PDA, CRT, Liquidity Sweep, CISD) are met.
Optimal Entry Tracking:
Marks refined entry points after CISD confirmation, automatically adjusting when internal imbalances (FVGs) are detected, ensuring accurate and efficient entries.
Chart Info Box:
Optionally displays complete symbol, timeframe, and indicator name for transparent chart annotations and efficient trade journaling.
How Does It Work?
Identify HTF Institutional Interest:
The indicator scans higher timeframes for unmitigated FVGs, displaying these critical zones automatically on your trading timeframe.
Confirm Market Delivery Shift (CRT):
Confirms directional conviction by comparing the range and behavior of recent higher timeframe candles.
Detect Liquidity Sweeps:
Clearly marks liquidity levels that have been swept, signaling potential price reversals or continuations.
Spot Displacement & Structure Shifts (CISD):
Highlights decisive movements indicating a significant change in market direction, crucial for entry timing.
Precision Entry Adjustments (EPE):
Refines entry positions by identifying overlapping FVGs within the displacement candle structure.
Manage Risk Clearly:
Calculates realistic SL, BE, and TP levels based on structural price action, removing guesswork and improving consistency.
Why Is It Worth Paying For?
Simplified Confluence-Building:
Removes ambiguity by automatically aligning multiple ICT criteria into a single, easy-to-follow visual workflow.
Precision & Efficiency:
Improves execution timing by dynamically updating entry and risk management levels based on actual market structure rather than arbitrary measures.
Real-Time Adaptation:
Continuously updates as market conditions evolve, providing confidence and clarity in dynamic trading environments.
Focused Trading Decisions:
Keeps traders disciplined by visually confirming setups step-by-step, aligning trades only with strong institutional-backed movements.
Important Considerations
This indicator is intended for traders with foundational knowledge of ICT methodologies.
It is not a standalone buy/sell signal provider; it must be combined with proper risk management and market narrative analysis.
Always use discretion and confirm the context of each trade within your overall trading strategy.
By providing traders with actionable insights and clear visual confirmations aligned strictly with professional ICT concepts, the Prophet Model significantly enhances trading decisions and execution precision.
Multitimeframe
Manual 1H Trend BackgroundThis TradingView Pine Script v6 indicator allows you to manually set the trend direction (based on your analysis of the 1-hour timeframe), and it will change the background color of your chart based on that input:
"Buy" → chart background turns green
"Sell" → chart background turns red
"Neutral" → no background color (transparent)
GOLD KEEPER – Multi‑Timeframe Trading AssistantGOLD KEEPER is a multi‑timeframe chart analysis tool designed to display visual markers when certain technical conditions are met.
It is intended to assist traders in their own chart study and decision‑making.
Usage Recommendations:
• Use a higher timeframe (e.g., 1H, 30M, or 15M) for overall market context.
• Drop to a lower timeframe (e.g., 5M or 3M) for potential entries that fit your own strategy.
• Combine with your personal analysis tools such as price action, support/resistance, and volatility levels.
Notes:
• Invite‑only script – access is granted to authorized users.
• For educational and chart‑analysis purposes only.
• This tool does not provide financial advice or guarantee results.
RSI Divergence Screener (MTF)
This powerful screener identifies RSI divergences across multiple symbols and timeframes, presenting the results in a clean, easy-to-read table. It screens for both regular bullish and bearish divergences, allowing you to quickly spot potential trend reversals.
The screener tracks the status of each divergence, categorizing it as:
Active (A): A divergence has formed and is still developing.
Complete (✔): The divergence has been confirmed (optionally, by the RSI crossing the 50 midpoint).
Expired (X): The divergence has persisted for too long without confirmation.
Invalidated (✖): A new high or low has been made, nullifying the divergence.
With customizable settings for RSI length, divergence sensitivity, and the ability to select up to six symbols and three timeframes, this tool is ideal for traders who want to monitor multiple markets efficiently.
Future Features
Expanded Divergence Types: The indicator will be enhanced to detect Hidden Bullish and Hidden Bearish divergences, which signal trend continuation. This will provide a more comprehensive view of potential trading opportunities.
Advanced Completion Flags: Users will have greater control over how a divergence is confirmed. New options will include:
RSI Level Confirmation: The ability to specify any RSI level (e.g., 30 or 70) for completion, rather than being limited to the midpoint of 50.
Breakout/Breakdown Confirmation: A divergence will be marked as complete when the price breaks out above the previous pivot high for a bullish divergence, or breaks down below the previous pivot low for a bearish divergence. This is a powerful signal that the trend has reversed.
HTF Candle Projection by @TATraderSid(The Journal App Team)HTF Candle Projection Indicator
Overview
A professional multi-timeframe analysis tool that projects Higher Timeframe (HTF) candles onto lower timeframe charts with real-time countdown timer and optional zone highlights.
Key Features
📊 HTF Candle Projection
Visual HTF Candles: Projects last 2-3 HTF candles as transparent boxes with wicks
Color Coding: Green for bullish, red for bearish candles
Configurable Offset: Positions candles to the right of current price action
Clean Design: Minimal chart clutter with professional appearance
⏰ Real-Time Timer Box
Live Countdown: Shows time remaining until next HTF candle close (MM:SS format)
Symbol Display: Current trading pair (e.g., BTCUSDT)
Timeframe Model: Shows current TF to HTF relationship (e.g., 15m–60m)
HTF Bias: Real-time bullish/bearish/neutral bias indication
Top-Right Position: Fixed position that doesn't interfere with chart analysis
🎯 Optional Features
Session Zones: Previous day high/low shaded areas
HTF Levels: Optional HTF high/low reference lines (disabled by default)
Risk/Reward Framework: Structure for manual trade planning
Settings
Main Configuration
Higher Timeframe: Select HTF (default: 60 minutes)
Number of HTF Candles: Display 1-5 historical candles
Offset Bars: Distance from current price action
Show Timer Box: Toggle countdown timer display
Show Session Zones: Optional support/resistance zones
Display Options
Show HTF Levels: Toggle HTF high/low reference lines
Color Customization: Bullish/bearish candle colors
Transparency Settings: Adjustable candle body transparency
Best Use Cases
Multi-Timeframe Analysis
Scalping: Use 5m/15m charts with 1H/4H HTF candles
Swing Trading: Use 1H/4H charts with daily/weekly HTF candles
Trend Confirmation: Align lower TF entries with HTF direction
Timing Entries
HTF Candle Closes: Time entries around HTF candle completions
Bias Changes: Monitor HTF bias shifts for trend changes
Support/Resistance: Use projected HTF levels for key zones
Technical Specifications
Pine Script v6: Latest TradingView scripting version
Real-Time Updates: Uses request.security() for precise HTF data
Performance Optimized: Efficient rendering with minimal resource usage
Cross-Timeframe Compatible: Works on all timeframe combinations
Installation & Usage
Add indicator to chart
Select desired Higher Timeframe
Adjust number of candles and offset
Enable timer box for countdown functionality
Optionally enable session zones and HTF levels
Recommended Settings
For Scalping: 15m chart with 60m HTF, 3 candles, 10 bar offset
For Swing Trading: 1H chart with 240m HTF, 2 candles, 15 bar offset
For Position Trading: 4H chart with 1D HTF, 3 candles, 20 bar offset
Perfect for traders who need precise multi-timeframe analysis with professional visual presentation and real-time timing information.
Order Blocks with FVG Mult-TimeFrameOverview
This script helps visualize Order Blocks (OBs) and Fair Value Gaps (FVGs) — key concepts used in institutional-style price action analysis. It is designed to support technical traders by identifying potential areas of interest based on past price imbalances and structural shifts.
Key Features
Automatically highlights bullish and bearish Order Blocks.
Detects Fair Value Gaps based on market inefficiencies.
Supports all timeframes, with best performance observed on 30-minute and 1-hour charts.
Clean visual layout for better market structure interpretation.
Use Case
This indicator can assist users in conducting price-based technical analysis, especially in identifying regions where price might react due to historical supply/demand imbalances. It is meant to serve as a visual aid within broader trading systems.
⚠️ This script is for educational and informational purposes only. It does not constitute financial advice or offer any guarantee of performance.
Ghost Month HighlighterThe term "Ghost Month" refers to the seventh lunar month in the Chinese calendar, a period considered inauspicious for major activities like trading or investing in some cultures, due to superstitions about spirits influencing events
Intra Bullish Strategy - Profit Ping v4.0ProfitPing 4.0 is a high-precision intraday swing trading strategy designed for global equity markets, including the US, South Africa, and Australia. The system identifies high-probability BUY and EXIT signals using a confluence of technical indicators and real-time volume dynamics.
🧠 Key Features:
Dual EMA Crossover (7 & 14) for short-term trend confirmation
Volume Spike Detection based on 20-period moving average
RSI Momentum Filter (ideal zone: 55–65) to avoid overbought entries
MACD Histogram & Signal Line Sync for trend momentum validation
Candlestick Pattern Filtering (e.g. bullish engulfing, flags, breakout candles)
Multi-Timeframe Confirmation (optional) for intraday trend alignment
Dynamic Risk-to-Reward Logic built into alert framework
Webhook-compatible JSON alerts for automation to Google Sheets, Power BI, and IBKR
🛠️ Alert System:
BUY alert triggers when all bullish conditions align
EXIT alert triggers only if a previous BUY exists for that ticker
Trade status is updated live in Google Sheets and integrated with Power BI dashboards
Orphaned EXITs (no matched BUY) are tracked separately for accuracy review
🔄 Ideal For:
Traders seeking 1:2 to 1:5 risk/reward setups
Automation-focused workflows (via TradingView → Google Sheets → Power BI)
Swing traders wanting clean visual logs, automated P&L tracking, and optional IBKR execution
Wolf ScalperWolf Scalper Strategy
An ultra-aggressive, high-frequency scalping system rigorously back-tested on major crypto pairs (BTC/USD, ETH/USD, etc.). It runs on a 30-second chart, with trend confirmation coming from 5-minute and 15-minute Super-trend indicators. Entries occur when the 30-second RSI(7) crosses 50 in the direction of the prevailing trend; exits use ATR-based stops (1.7×ATR(5)), profit targets (5.5×ATR(5)), and an optional trailing stop that kicks in at 10% of the target and moves in 10% increments. The strategy allows up to three concurrent positions (20% equity each) and is built for maximum intraday volatility capture in crypto markets.
Multi-Timeframe SMA - byChestervoiceMulti-Timeframe 200 SMA (15-30-1-2-4-8-12-24).
add or hide SMA as you want
RATRP NetUser adjustable momentum based entries using rolling ATR percentage (standardized) profit taking and adjustable ATR stop losses. Measures historical volatility to exit long trades near peaks.
RATRP NetRolling ATR percentage (standardized)
Adjustable momentum based entry with focus on exiting long trades when historical standardized volatility levels (or their multiples) have been met. Uses adjusted ATR stop losses to hold on to trades with high momentum.
Advanced Liquidity & FVG Detector With Entry/Exit SignalsThe Advanced Liquidity & FVG Detector is more than just an indicator—it's a complete trading system that brings institutional-grade market analysis to individual traders. By combining liquidity detection, fair value gap analysis, sweep/grab pattern recognition, and intelligent risk management, this indicator provides everything needed for sophisticated market analysis and high-probability trading opportunities.
Whether you're a day trader, swing trader, or position trader, this indicator adapts to your style and timeframe, providing the insights needed to make informed trading decisions with confidence. The Pine Script v6 compatibility ensures future-proof performance and seamless integration with the latest TradingView features.
Transform your trading experience with professional-grade market structure analysis—tradable insights delivered in real-time, right on your chart.
HGDA – Wave Target 🔹 HGDA – Wave Target
Precision Wave Projections + Liquidity-Confirmed Alerts
📌 Overview:
This indicator automatically detects confirmed price waves and projects smart Fibonacci-based targets for both reversals and breakouts.
It’s powered by a multi-layered logic that combines:
Pivot-based wave detection
MA30 trend confirmation
Live buy/sell pressure analysis
Ratio-based price projection
And visual + table alerts only when all conditions are aligned.
The result is a clean, noise-free system that highlights only high-probability price targets — after real confirmation.
⚙️ Core Logic:
Wave Detection
The indicator waits for a valid swing high or low to form (using pivots).
Once confirmed, it tracks the most recent directional wave.
Trend Filter (MA30)
Only waves in the direction of the 30-period Moving Average are considered valid.
E.g. Bullish wave must be above MA30, bearish wave below.
Liquidity Confirmation
An internal smart flow engine measures real-time buy/sell pressure.
The wave direction must match liquidity dominance to be valid.
Target Calculation
For reversal scenarios: the wave is projected in the opposite direction.
For breakout scenarios: the wave is extended in the same direction.
Target levels include: 1.236 – 1.5 – 1.618
Smart Alerts
Visual alerts are displayed only when trend + liquidity + ratios align.
No signals are shown during weak, unclear, or conflicting phases.
💡 How to Use:
✅ Step 1: Switch to the 1H chart for optimal balance between structure and signal reliability (works also on 30m–4H).
✅ Step 2: Wait for a new wave to appear with valid trend direction (check the trend row in the table).
✅ Step 3: Confirm that buy/sell pressure supports the wave.
✅ Step 4: Observe the projected targets on the chart (1.236 / 1.5 / 1.618).
✅ Step 5: Plan entry around the first ratio zone with stop loss behind the wave base.
✅ Step 6: Use alerts to act on opportunities when all layers align.
🧠 Built for Traders Who...
Want a clean structure-based system
Avoid false signals caused by random pivots or overused indicators
Rely on trend + liquidity + wave structure for their setups
Prefer price action + dynamic ratios over fixed patterns
📋 Built-in Table Shows:
📈 Wave target price
🧭 Trend direction
💧 Liquidity pressure
🎯 Closest ratio zone
📊 Signal status
🚫 No Repainting – 100% Confirmed Signals Only.
High Probability Buy/Sell with SL & TP High-accuracy Buy/Sell signals with dynamic SL & Target—perfect for scalpers and swing traders,Smart trading signals with built-in risk management. Never miss a move.Auto Buy/Sell entries with real-time SL & TP levels—trade with confidence.Turn signals into strategy. Precision entries, clear exits.Your all-in-one trading assistant: entry, stop loss, and take profit—automated.Built for serious traders: Clean signals, sharp exits, and solid risk-reward.
Multi-TF MACD/RSI Pro Strategy v6How to Use: Timeframe Setup:
Apply to any chart (1s, 5m, 15m)
Set indicator timeframe in settings
Backtesting: Adjust date range in inputs
Check performance in strategy tester
View results in table (top-right corner)
Live Trading: Green triangles = Buy signals
Red triangles = Sell signals
Red lines = Stop loss levels
Green lines = Take profit targets
Test results after 2000 runs on BTC/USD 5m:
// • Win rate: 53.2%
// • Profit factor: 1.87
// • ROI: 27.4% (6 months)
// • Max drawdown: 11.3%
Multi-Timeframe MACD/RSI Pro StrategyKey Features: Pine Script v5 Structure:
Multi-Timeframe Analysis: for higher timeframe data
MACD, RSI, and ATR calculated on higher timeframe
EMA50 on current timeframe
Risk Management:
1:2.5 risk-reward ratio enforced
Stop loss based on 1.5x ATR
Position sizing (10% of equity per trade)
Profit Tracking:
Real-time performance metrics
Win rate calculation
ROI percentage display
Alert for 17% profit target
Visualization:
EMA50 plot on chart
Entry markers (triangles)
Performance table in top-right corner
Usage Instructions:
Apply to any TradingView chart
Default settings:
Higher timeframe: 4H
Risk/Reward: 1:2.5
Position size: 10% of equity
Commission: 0.1%
Monitor performance table for:
Total trades
Win rate percentage
Net profit
ROI percentage
To Verify 17% Profit Target:
Run backtest over significant historical data
Check ROI percentage in performance table
The alert will trigger automatically when 17% profit is reached
Note: For accurate backtesting:
Use at least 2 years of historical data
Test across multiple instruments
Adjust timeframe settings to match your trading style
Optimize ATR multiplier and risk/reward ratio for specific markets
MTF EMA Pane with Diagnostics30 sec chart, 1 min EMA goes flat, I buy, 1 min EMA stays inside the group, I stay in the trade.
Not financial advice. I am working on an Algo killer, stay tuned. I am dedicating the rest of my life, as short as it my be, to beating the Men behind the Algo's. Buy me some coffee.
Send USDT thru ETH or Base to BYDFi 0x20391e32afd61dc9e1ec027651391b56ceade4e0
Join BYDFi
Referral Link: Spin for a possible $100
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Deposit: USDT via;
ETH (ERC20) 0x20391e32afd61dc9e1ec027651391b56ceade4e0
Tron (TRC20)
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BNB/Base (BEP20)
0x20391e32afd61dc9e1ec027651391b56ceade4e0
Solana
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EchoPulse – Trend Oscillator v1 [QuayLade]Harness the Pulse. Surf the Trend.
EchoPulse™ is a precision-crafted Trend Oscillator designed to visualize the cyclic rhythm of market movements while keeping you contextually aligned with Higher Timeframe Influence Zones. Whether you're a scalper, swing trader, or systematic strategist, EchoPulse brings clarity to trend dynamics by filtering out noise and spotlighting pivotal trade opportunities.
Core Features & Innovations:
Surge Markers (Counter-Trend Oscillation Bursts):
Identify statistically unsustainable counter-trend surges with high precision. These Aqua & Orange crosses mark potential exhaustion points during pullbacks, perfect for strategic pyramiding and re-entry setups.
Exhaustion Markers (Trend Fatigue Signals):
Spot early signs of trend fatigue with Green & Red Circles. These markers appear when the market's internal cyclic rhythm shows signs of a structural unwind, assisting in managing exits or preparing for trend reversals.
Synchronized Cyclic Lines (Short, Mid, Long):
Visualize the market’s multi-speed oscillations through dynamically flowing Cycle Lines that latch to extreme zones during strong trends. Their stickiness/persistence offers valuable clues into the trend’s strength or weakening momentum.
Higher Timeframe Influence Zone (Contextual Alignment):
A soft overlay reflecting the directional bias of the Higher Timeframe, ensuring you stay aligned with macro flows without adding visual clutter. Greenish for bullish bias, reddish for bearish, and transparent during indecisive phases.
Adaptive Volatility Intelligence (Noise Suppression):
EchoPulse™ dynamically adjusts its sensitivity based on current market volatility, making it effective across various instruments and timeframes — from scalping to positional trading.
Ideal For:
Trend Traders seeking pullback confirmation within trend continuations.
Swing & Position Traders needing clear alignment with higher timeframe structures.
Scalpers] who require real-time directional cues without lag.
Systematic Traders looking to integrate a dynamic, responsive trend oscillator.
Quick User Guide
Trend Bias Confirmation:
Use the HTF Influence Zone background colour to establish directional bias. Prioritize setups aligned with this macro trend.
Entry Triggers with Surge Markers:
Spot Surge Markers appearing against the HTF bias during pullbacks — a signal of possible exhaustion in counter-trend moves and a potential entry opportunity.
Monitor Cyclic Stickiness:
Persistent latching of Cycle Lines to extreme zones indicates a strong trend continuation. Unlatching and normalization could signal consolidation or a pause in trend momentum.
Exhaustion Markers & Reversals:
Exhaustion Markers highlight when a trend leg may be overextended. Combine them with Price Divergence or Key S/R Levels for stronger reversal signals.
Best Practices:
Use EchoPulse™ as a Trend Continuation and Exhaustion Timing Tool .
Combine with Price Action, Divergence Analysis, and Multi-Timeframe Confluence for high-probability setups.
Adjust chart timeframe based on your trading style — Intraday, Swing, or Positional.
Compliance & Acknowledgement Statement:
EchoPulse™ is an original indicator concept meticulously developed by QuayLade using proprietary techniques that visualize dynamic oscillations, adaptive latching behaviours, and multi-timeframe contextual alignment. While the indicator draws inspiration from universally known mathematical constructs such as Rate of Change (RoC) for assessing price momentum, its computational framework, signal derivations, and visualization structures are uniquely crafted and not direct derivatives of any standard or public domain indicators.
All methodologies implemented are original intellectual property, tailored to offer traders an innovative perspective on market rhythm, trend surges, and exhaustion zones. EchoPulse™ is fully committed to be compliant with TradingView’s Vendor Agreements and House Rules regarding originality, fair usage, and responsible adaptation of foundational market analysis concepts.
Script License & Usage Disclaimer:
The EchoPulse™– Trend Oscillator is a proprietary invite-only script. Unauthorized distribution, reverse engineering, or decompilation of this script is strictly prohibited.
This indicator is provided for informational and educational purposes only and does not constitute financial advice or a trading recommendation. Trading and investing involve substantial risks, and the creator assumes no responsibility for financial losses or damages resulting from its use.
By accessing this script, users agree to use it at their own discretion and understand that the author makes no guarantees regarding its performance or suitability for any specific trading objective.
Support & Assistance:
For any queries, feedback, or assistance with usage:
Contact @QuayLade via TradingView DM.
Documentation, usage guides, and walkthroughs will be provided progressively based on user feedback.
VIX Filter/RSI/EMA Bias/Cum-TICK w/ Exhaustion Zone DashboardThis all-in-one dashboard gives intraday traders a real-time visual read of market conditions, combining volatility regime, trend bias, momentum exhaustion, and internal strength — all in a fully customizable overlay that won’t clutter your chart.
📉 VIX Market Regime Detector
Identifies "Weak", "Normal", "Volatile", or "Danger" market states based on customizable VIX ranges and symbol (e.g., VXN or VIX).
📊 RSI Momentum Readout
Displays real-time RSI from any selected timeframe or symbol, with adjustable length, OB/OS thresholds, and color-coded exhaustion alerts.
📈 EMA Trend Bias Scanner
Compares fast and slow EMAs to define bullish or bearish bias, using your preferred timeframe, symbol, and EMA lengths — ideal for multi-timeframe setups.
🧠 Cumulative TICK Pressure & Exhaustion Engine
Analyzes internal market strength using cumulative TICK data to classify conditions as:
-Strong / Mild Bullish or Bearish Pressure
-Choppy / No Edge
-⚠️ Exhaustion Zones — when raw TICK values hit extreme highs/lows, a separate highlight box appears in the dashboard, warning of potential turning points
All logic is customizable, including TICK symbol, timeframes, thresholds, and lookback periods.
Scalpers and day traders who want fast, visual insight into market internals, exhaustion, and trend bias.
HX EMA systemIntraday EMEA system with a fixed 800 on the 1minute no matter what time frame you are looking at.
50MA cloud as well with bullish bearish cloud.
Previous Close LabelSee the previous close price label. Combine it with Multi Timeframe Bar Replay Fix indicator in the Bar Replay mode.
Internal Pivot Pattern [LuxAlgo]The Internal Pivot Pattern indicator is a novel method allowing traders to detect pivots without excessive delay on the chart timeframe, by using the lower timeframe data from a candle.
It features custom colors for candles and zigzag lines to help identify trends. A dashboard showing the accuracy of the pattern is also included.
🔶 USAGE
We define a pivot as the occurrence where the middle candle over a specific interval (for example, the most recent 21 bars) is the highest (pivot high) or the lowest (pivot low). This method commonly allows for identifying swing highs/lows on a trader's chart; however, this pattern can only be identified after a specific number of bars has been formed, rendering this pattern useless for real-time detection of swing highs/lows.
This indicator uses a different approach, removing the need to wait for candles to form on the user chart; instead, we check the lower timeframe data of the current candle and evaluate for the presence of a pivot given the internal data, effectively providing pivot confirmation at the candle close.
An internal pivot low pattern is indicative of a potential uptrend, while an internal pivot high is indicative of a potential downtrend.
Candles are colored based on the last internal pivot detected, with blue candle colors indicating that the most recent internal pivot is a pivot low, indicating an uptrend, while an orange candle color indicates that the most recent internal pivot is a pivot high, indicating a downtrend.
🔹 Timeframes
The timeframe setting allows controlling the amount of lower timeframe data to consider for the internal pivot detection. This setting must be lower than the user's chart timeframe.
Using a timeframe significantly lower than the user chart timeframe will evaluate a larger amount of data for the pivot detection, making it less frequent, while using a timeframe closer to the chart timeframe can make the internal pivot detection more frequent, and more prone to false positives.
🔹 Accuracy Dashboard
The Accuracy Dashboard allows evaluating how accurate the detected patterns are as a percentage, with a pattern being judged accurate if subsequent patterns are detected higher or lower than a previous one.
For example, an internal pivot low is judged accurate if the following internal pivot is higher than it, indicating that higher highs have been made.
This dashboard can be useful to determine the timeframe setting to maximize the respective internal pivot accuracy.
🔶 SETTINGS
Timeframe: Timeframe for detecting internal swings
Accuracy Dashboard: Enable or disable the Accuracy Dashboard.
🔹 Style
Internal Pivot High: Color of the dot displayed upon the detection of an internal pivot high
Internal Pivot Low: Color of the dot displayed upon the detection of an internal pivot low
Zig-Zag: Color of the zig-zag segments connecting each internal pivot
Candles: Enable candle coloring, with control over the color of the candles highlighting the detected trend
