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Ranked Exchange Volume (REV)📊 Ranked Exchange Volume (REV) - Multi-Venue Volume Distribution Visualizer ## Stop Guessing Where the Real Volume Is. See It. Most traders look at aggregate volume and miss the critical story: **where** that volume actually traded. Ranked Exchange Volume (REV) solves this by revealing the complete liquidity landscape across multiple trading venues in a single, elegant visualization. This isn't just another volume indicator—it's a **dynamic stratified histogram** that automatically reorganizes exchange layers by magnitude on every bar, showing you **instant market dominance** at a glance. --- ## 🎯 The Core Innovation: Self-Organizing Volume Layers REV displays volume from up to 10 different exchanges as **stacked, color-coded bars** where the largest volume source literally rises to the top. Watch as exchanges compete for dominance in real-time: - **Largest volume = Top of the bar** (most visible position) - **Smallest volume = Bottom of the bar** (foundation layer) - **Everything in between = Automatically sorted on every candle** This visual hierarchy makes it instantly obvious which venues are leading the market—no mental math required. --- ## ✨ Key Features ### 🔄 **Dynamic Layer Sorting** Unlike static stacked charts, REV uses real-time stratification. If Binance had 60% of volume last bar but Coinbase takes 70% this bar, you'll see Coinbase jump to the top. The hierarchy reflects current reality, not a fixed order. ### 🎨 **10 Fully Customizable Exchange Slots** Each exchange slot offers complete control: - **Enable/Disable toggle** - Turn exchanges on/off without losing your configuration - **Custom prefix** - Track ANY exchange on TradingView (BINANCE, KRAKEN, OANDA, FXCM, etc.) - **Custom suffix** - Specify quote currency (USDT, USD, EUR, or leave blank for stocks/forex) - **Display name** - Control how exchanges appear in the rankings table - **Color selection** - Match your chart theme or use brand colors for instant recognition ### 📊 **Live Rankings Table** A real-time leaderboard shows: - **Rank** - Current position (1 = highest volume) - **Exchange name** - With color-coded background - **Volume** - Intelligently formatted with K/M/B units - **Percentage** - Exact market share **Table positioning:** Choose from 9 screen positions (top/middle/bottom × left/center/right) to keep your chart clean. ### 🧮 **Intelligent Volume Formatting** REV automatically detects volume magnitude and applies the appropriate scale: - **Billions** - Displays as "1.5B" for readability - **Millions** - Displays as "342.8M" - **Thousands** - Displays as "45.2K" - **Full numbers option** - Toggle to see complete values (23,456,789) The scale adjusts per-bar, so you always see the clearest representation. ### 🚨 **Three Built-In Alert Conditions** 1. **Exchange Dominance Alert (>50%)** - Triggers when a single venue controls majority of volume - Signals potential liquidity concentration risk or exchange-specific events 2. **Volume Spike Alert (>2x average)** - Detects unusual aggregate activity across all venues - Catches breakouts, news events, or institutional flow 3. **Liquidity Migration Alert** - Fires when market leadership shifts between exchanges - Reveals arbitrage opportunities or changing market structure ### 📈 **Optional Total Volume Line** Display aggregate volume from all exchanges as a reference overlay with customizable color. --- ## 🌍 Market Compatibility: Beyond Crypto While optimized for cryptocurrency (its primary design), REV works across multiple asset classes: ### ✅ **Cryptocurrency (Perfect Fit)** **Why it excels:** Crypto trades 24/7 across dozens of global exchanges simultaneously. REV reveals true price discovery. **Example configurations:** - **BTC/USDT:** Compare Binance, Coinbase, OKX, Bybit, Kraken, Bitget - **ETH/USD:** Track institutional venues (Coinbase, Kraken, Gemini) vs retail (Binance, Gate.io) - **Altcoins:** Identify which exchanges have the deepest liquidity before placing large orders **Trading applications:** - **Arbitrage detection** - Spot when volume migrates between venues (price differential opportunities) - **Exchange risk** - Don't trade on exchanges with suspiciously low volume - **Whale tracking** - Sudden Coinbase dominance often signals institutional activity - **Market maker identification** - Consistent Binance leadership suggests MM concentration ### ✅ **Forex (Excellent Fit)** **Why it works:** Forex doesn't have centralized exchanges—it trades OTC across multiple broker feeds. REV shows which data providers are seeing the action. **Example configurations:** - **EUR/USD:** Compare OANDA, FXCM, FOREX.COM, FX_IDC, CAPITALCOM - **GBP/JPY:** Track volatility across broker feeds - **Exotics:** Verify liquidity before trading thin pairs **Setup notes:** - Leave **suffix field blank** for forex - Use broker prefixes: OANDA, FXCM, FOREXCOM, FX_IDC, SAXO - Symbol constructs as "OANDA:EURUSD" **Trading applications:** - **Spread verification** - Higher volume feeds typically offer tighter spreads - **News event tracking** - See which brokers capture the most flow during announcements - **Session analysis** - Watch London/NY volume shifts across different providers ### ⚠️ **Stocks (Limited But Useful)** **Where it works:** - **Dual-listed stocks** - Canadian companies on TSX and NYSE - **International ADRs** - Same company, different exchanges - **ETF arbitrage** - Compare volume across regional listings **Example configurations:** - **Shopify (SHOP):** Compare TSX vs NYSE volume - **Alibaba (BABA):** NYSE vs HKEX volume - **European stocks:** Compare primary exchange vs secondary listings **Setup notes:** - Leave **suffix field blank** - Use exchange prefixes: NYSE, NASDAQ, TSX, LSE, XETRA - Note: TradingView doesn't show per-venue volume for U.S. equities (NYSE vs BATS vs ARCA all aggregate) **Limitations:** Most stocks trade primarily on one exchange, so REV is less valuable than in crypto/forex. ### ❌ **Futures (Not Recommended)** Futures contracts differ by exchange (CME's ES ≠ EUREX's FESX), so volume isn't comparable. --- ## 📚 Practical Use Cases ### 1. **Pre-Trade Liquidity Analysis** Before entering a large position, check which exchanges have sufficient volume to fill your order without slippage. **Example:** You want to sell 50 BTC. REV shows Binance has 2,340 BTC volume this hour while a smaller exchange has only 87 BTC. Route your order to Binance for better execution. ### 2. **Exchange Risk Management** Identify "fake volume" or wash trading by comparing venues. **Red flag pattern:** An exchange consistently shows 10x the volume of competitors but with minimal price impact—likely artificial. ### 3. **Arbitrage Opportunity Detection** When volume suddenly concentrates on one exchange, price premiums/discounts often appear. **Alert pattern:** Liquidity Migration alert fires → Check price differences → Execute arb if spread exceeds fees. ### 4. **Institutional Flow Tracking** In crypto, institutions typically use regulated exchanges (Coinbase, Kraken, Gemini). **Pattern to watch:** Coinbase volume spikes to 60%+ dominance → Often precedes directional moves as institutions position. ### 5. **Market Structure Analysis** Watch long-term trends in exchange dominance to understand market evolution. **Example insight:** "Binance's market share has dropped from 70% to 45% over 6 months as traders diversify to OKX and Bybit." ### 6. **Event Response Comparison** During major news events, see which exchanges react first. **Analysis:** If one exchange shows volume spike 5 minutes before others, that feed may have faster news incorporation. --- ## ⚙️ Technical Specifications - **Maximum exchanges:** 10 simultaneous venues - **Sorting algorithm:** Bubble sort (O(n²) but optimal for n=10, prioritizes stability) - **Update frequency:** Real-time, every bar - **Data handling:** Gracefully ignores invalid symbols, treats NA as zero - **Chart type:** Non-overlay (separate pane below price) - **Performance:** Lightweight, no lag on any timeframe --- ## 🚀 Getting Started ### Quick Setup (5 Minutes) **For Crypto Traders (Default Configuration):** 1. Add indicator to any crypto chart (BTC, ETH, SOL, etc.) 2. Works immediately—top 10 exchanges pre-configured 3. Customize colors if desired 4. Position table to your preference **For Forex Traders:** 1. Open any forex pair (EUR/USD, GBP/JPY, etc.) 2. Go to Exchange 1 settings 3. Change prefix to "OANDA" (or your preferred broker) 4. **Clear the suffix field** (leave it blank) 5. Repeat for other exchanges (FXCM, FOREXCOM, FX_IDC, etc.) 6. Disable any unused exchange slots **For Stock Traders (Dual-Listed):** 1. Open a dual-listed stock (e.g., SHOP on TSX) 2. Exchange 1: Prefix = "TSX", Suffix = blank, Name = "Toronto" 3. Exchange 2: Prefix = "NYSE", Suffix = blank, Name = "New York" 4. Disable exchanges 3-10 5. Compare volume distribution ### Advanced Customization **Tracking Regional Markets:** Want to compare Korean vs Japanese crypto exchanges? - Exchange 1: UPBIT (Korean) - Exchange 2: BITHUMB (Korean) - Exchange 3: BITFLYER (Japanese) - Exchange 4: COINCHECK (Japanese) **Isolating Institutional Volume:** Focus only on regulated U.S. exchanges: - Enable: Coinbase, Kraken, Gemini - Disable: All others - Watch for >50% dominance alerts --- ## 👥 Who Is This For? ### ✅ **Perfect for:** - **Crypto day traders** - Need to know where liquidity actually is - **Arbitrage traders** - Spot cross-exchange inefficiencies - **Institutional traders** - Validate execution venues before large orders - **Forex scalpers** - Compare broker feeds for best execution - **Market structure analysts** - Track long-term exchange dominance trends ### ❌ **Less useful for:** - **Long-term investors** who don't care about short-term liquidity - **Single-exchange traders** who never compare venues - **Futures traders** (contracts differ by exchange) --- ## 🎓 Understanding the Visualization **What each colored segment means:** Each horizontal stripe represents one exchange's volume contribution. The **height** of each stripe shows that exchange's volume relative to others. **Reading the pattern:** - **Dominant top layer** (50%+ of bar) = Clear market leader - **Evenly distributed layers** (10-15% each) = Fragmented liquidity - **Sudden layer reorganization** = Liquidity migration event - **Shrinking bottom layers** = Exchanges losing market share **Color coding strategy:** The indicator defaults to exchange brand colors for instant recognition: - Yellow = Binance (their signature gold) - Blue = Coinbase (their brand blue) - Purple = Kraken (their brand purple) - etc. You can customize all colors to match your chart theme. --- ## 🔧 Configuration Tips ### **Best Practices:** 1. **Start with defaults** - Test on BTC/USDT to understand behavior 2. **Disable unused exchanges** - Cleaner visualization, faster computation 3. **Match your trading venues** - Only track exchanges you actually use 4. **Use brand colors initially** - Helps build visual pattern recognition 5. **Enable alerts strategically** - Don't spam yourself; focus on actionable signals ### **Common Mistakes to Avoid:** ❌ Tracking too many irrelevant exchanges (creates visual noise) ❌ Forgetting to clear suffix for forex/stocks (symbol won't construct properly) ❌ Using the same color for multiple exchanges (defeats instant recognition) ❌ Hiding the table permanently (you lose the percentage data) --- ## 📊 Performance Notes - **Lightweight computation** - No impact on chart performance - **Works on all timeframes** - 1-minute to monthly - **Historical analysis** - Full bar history available (max_bars_back=5000) - **Multi-monitor friendly** - Table positioning adapts to any screen layout --- ## 🆕 Future Enhancements (Planned) While the current version is feature-complete, potential additions include: - Volume-weighted average price (VWAP) overlay per exchange - Historical dominance charts (which exchange led most this week/month) - Correlation matrix (do exchanges move together or independently?) **User feedback shapes development** - Comment with your requests! --- ## 💡 Pro Tips ### **Tip 1: The "Whale Exchange" Filter** In crypto, institutions use Coinbase/Kraken. Enable ONLY these two exchanges to isolate professional flow and ignore retail noise. ### **Tip 2: The "Arbitrage Scanner"** Set Liquidity Migration alert on 1-minute timeframe. When it fires, check price across exchanges—often there's a temporary premium/discount. ### **Tip 3: The "Liquidity Gauge"** Before placing a large market order, switch to 5-minute timeframe and check last 10 bars. If your target exchange consistently has <20% of volume, you'll face slippage. ### **Tip 4: The "Market Structure Tracker"** Take screenshots of the table weekly. Over time, you'll see exchange market share trends that reveal fundamental shifts in trader preferences. ### **Tip 5: The "News Event Validator"** During major announcements (Fed decisions, earnings, etc.), watch which exchange shows volume first. That's where informed traders are positioned. --- ## 🎯 Summary **Ranked Exchange Volume (REV) transforms volume analysis from a single number into a complete market microstructure view.** Instead of seeing "1.2M volume," you see: - Binance: 640K (53%) - Coinbase: 280K (23%) - OKX: 180K (15%) - Bybit: 100K (9%) **That's actionable intelligence.** Whether you're executing a large crypto trade, arbitraging forex across brokers, or validating liquidity before buying a dual-listed stock, REV shows you **where the market actually is**—not where you assume it is. --- ## 📖 Quick Reference Card | Feature | What It Does | Why It Matters | |---------|-------------|----------------| | **Dynamic Sorting** | Largest volume rises to top | Instant dominance identification | | **10 Custom Slots** | Track any exchanges | Works for YOUR trading venues | | **Live Rankings** | Real-time leaderboard | Precise market share data | | **Smart Formatting** | Auto K/M/B scaling | Always readable, never cluttered | | **Dominance Alert** | Warns at >50% concentration | Risk management for large orders | | **Migration Alert** | Fires on leadership change | Arbitrage opportunity signal | | **Spike Alert** | Detects 2x volume surges | Breakout/news confirmation | | **Total Line** | Shows aggregate volume | Reference for overall activity | | **Table Positioning** | 9 screen locations | Adapts to your layout | | **Full/Short Toggle** | Complete vs abbreviated numbers | Flexibility for different assets | --- ## ✅ Installation & Support **Install:** Add to your TradingView favorites, apply to any chart **Updates:** Automatic through TradingView **Support:** Comment with questions—active developer community **Like this indicator?** Leave a ⭐ rating and share with fellow traders who need better volume intelligence. --- **🚀 Start seeing the complete volume picture. Add Ranked Exchange Volume to your charts today.**
Indicador Pine Script®
por KevinSvenson_
Institutional Market Structure Pro [JOAT]Institutional Market Structure Pro – SMC, MTF Momentum & Z-Score Confluence Engine IMPORTANT NOTES (READ FIRST) This is an indicator (not a strategy). It does not place trades. It provides a structured confluence framework combining market structure, momentum, and statistical analysis. This script is written in Pine Script v6 and is intended to be used on standard candlestick charts . Source code visibility: This script is published as Protected Source (closed-source) . The purpose is to protect the work from unauthorized re-uploads/copies and to maintain a stable versioning path. This description is intentionally detailed so you can understand what the indicator does and how to use each feature without needing access to the implementation. Non-Repainting: HTF data uses confirmed historical values with proper offset, ensuring reliable signals for live trading. Protected Source / Closed-Source Clarification Protected source does not mean "trust me blindly". It means the internal implementation is not publicly viewable. The operational behavior is documented here: what is plotted, what each dashboard cell means, what each input controls, and how to interpret the output. If you see re-uploads or near-identical copies elsewhere, treat them with caution and rely on the official publication. Overview Institutional Market Structure Pro (IMS Pro) is a comprehensive technical analysis indicator designed to help traders identify market structure shifts, momentum alignment, and statistical price extremes. It combines: Smart Money Concepts (SMC) – Swing highs/lows, Change of Character (CHoCH), Break of Structure (BOS) Higher Timeframe Momentum – MACD-based institutional bias from configurable HTF Statistical Z-Score Analysis – Standard deviation bands identifying statistically extreme price levels Trend Cloud – EMA-based short-term trend visualization Confluence Scoring – Four-factor system combining all layers into actionable bias The indicator was developed to address a common challenge: most retail traders struggle to identify when institutional order flow is shifting direction. By combining market structure analysis with higher timeframe momentum and statistical deviation measurements, IMS Pro helps traders see the market through an institutional lens. What Makes It Original (Originality & Usefulness) This script is not a simple mashup of SMC concepts. It is a coordinated workflow: Market Structure Layer identifies swing highs, swing lows, and structural breaks (CHoCH and BOS) using configurable pivot detection Momentum Layer analyzes higher timeframe MACD to determine institutional momentum bias with non-repainting implementation Statistical Layer calculates Z-Score deviation bands to identify statistically extreme price levels where reversals are more likely Confluence Scoring combines all layers into a single actionable bias score (STRONG BULL to STRONG BEAR) When these three layers align, the indicator provides high-probability trading opportunities. The dashboard displays real-time confluence scoring so traders can quickly assess market conditions. 1) Chart Visuals – What You See on the Chart A) Swing Highs and Swing Lows The indicator identifies swing points using a configurable pivot detection algorithm: Swing Highs – Red circles above the price level where they formed Swing Lows – Green circles below the price level where they formed Pivot Sensitivity – Controls how many bars are required to confirm a swing point (default: 10 bars) Higher pivot sensitivity values result in fewer but more significant swing points. Lower values capture more swings but may include noise. B) Change of Character (CHoCH) A Change of Character occurs when price breaks a swing level in the opposite direction of the current trend, signaling a potential trend reversal: Bullish CHoCH – Price breaks above a swing high while the market was previously in bearish structure. Displayed as a green dashed line with "CHoCH" label. Bearish CHoCH – Price breaks below a swing low while the market was previously in bullish structure. Displayed as a red dashed line with "CHoCH" label. CHoCH signals are significant because they indicate that the side previously in control (buyers or sellers) has lost dominance. These are often the first signs of a trend reversal. C) Break of Structure (BOS) A Break of Structure occurs when price breaks a swing level in the same direction as the current trend, confirming trend continuation: Bullish BOS – Price breaks above a swing high while already in bullish structure. Displayed as a light green solid line with "BOS" label. Bearish BOS – Price breaks below a swing low while already in bearish structure. Displayed as a light red solid line with "BOS" label. BOS signals confirm that the current trend remains intact and the dominant side maintains control. D) Z-Score Deviation Bands Statistical bands showing price deviation from mean: Upper Band (+2 sigma) – Light red line showing the overbought threshold Lower Band (-2 sigma) – Light green line showing the oversold threshold Mean Line – Gray line showing the statistical average price Extreme Markers – Diamond shapes appear when price first enters extreme zones Statistical Probability Context: 68% of price action occurs within +/- 1 standard deviation 95% of price action occurs within +/- 2 standard deviations 99.7% of price action occurs within +/- 3 standard deviations When price reaches +/- 2 standard deviations, there is only a 5% probability of it moving further in that direction, making these levels statistically significant for potential reversals. E) Trend Cloud Visual representation of short-term trend direction using two EMAs (9 and 21): Green Cloud – Fast EMA is above slow EMA, indicating bullish short-term momentum Red Cloud – Fast EMA is below slow EMA, indicating bearish short-term momentum F) HTF Momentum Background Tint Subtle background coloring based on higher timeframe MACD: Green Background Tint – Higher timeframe momentum is bullish (MACD line > signal line) Red Background Tint – Higher timeframe momentum is bearish (MACD line < signal line) No Tint – Momentum is neutral or the feature is disabled 2) IMS PRO Dashboard – Full Glossary A compact table displays real-time summary of all analysis layers: Header Row Displays "IMS PRO" and current symbol Color changes based on overall bias (green for bullish, red for bearish) Row 1 – Structure BULLISH : Higher highs and higher lows pattern BEARISH : Lower highs and lower lows pattern NEUTRAL : Mixed swings, ranging/consolidating market Row 2 – HTF Shows higher timeframe momentum bias with selected timeframe in parentheses BULLISH : MACD line > signal line on HTF BEARISH : MACD line < signal line on HTF Row 3 – Z-Score Displays current Z-Score value with color coding Green for positive, red for negative Bright colors for extreme values (beyond +/- 2) Row 4 – Trend UP : Fast EMA > Slow EMA DOWN : Fast EMA < Slow EMA RANGING : EMAs approximately equal Row 5 – Overall Bias STRONG BULL : Score +3 to +4 (all factors aligned bullish) BULL : Score +1 to +2 (majority of factors bullish) NEUTRAL : Score 0 (mixed signals) BEAR : Score -1 to -2 (majority of factors bearish) STRONG BEAR : Score -3 to -4 (all factors aligned bearish) Row 6 – Swing High Price level of the most recent swing high Useful for stop loss and target placement Row 7 – Swing Low Price level of the most recent swing low Useful for stop loss and target placement 3) How the Confluence Scoring Works (High-Level) IMS Pro uses a four-factor confluence scoring system: Market Structure (+1/-1) : Bullish structure adds +1, bearish structure adds -1 HTF Momentum (+1/-1) : Bullish HTF momentum adds +1, bearish adds -1 Trend Direction (+1/-1) : Uptrend adds +1, downtrend adds -1 Z-Score Position (+1/-1) : Z-Score above +0.5 adds +1, below -0.5 adds -1 Score Interpretation: Score +3 to +4 = STRONG BULL – All factors aligned bullish Score +1 to +2 = BULL – Majority of factors bullish Score 0 = NEUTRAL – Mixed signals Score -1 to -2 = BEAR – Majority of factors bearish Score -3 to -4 = STRONG BEAR – All factors aligned bearish Z-Score Calculation: Z-Score = (Price - Mean) / Standard Deviation Mean and StdDev calculated over configurable lookback period (default: 75) Z-Score = 0 means price is at the mean Z-Score = +2 means price is two standard deviations above mean (statistically overbought) Z-Score = -2 means price is two standard deviations below mean (statistically oversold) 4) Inputs & Settings – Full Reference Market Structure Settings Pivot Sensitivity (default: 10): Number of bars to confirm swing points. Range: 2-50. Show Last N Bars (default: 500): Limits historical display for performance. Show Swing Highs : Toggle swing high markers. Show Swing Lows : Toggle swing low markers. Show CHoCH : Toggle Change of Character labels. Show BOS : Toggle Break of Structure labels. Swing High Color (default: red): Color for swing high markers. Swing Low Color (default: green): Color for swing low markers. Higher Timeframe Momentum Settings Enable HTF Momentum : Toggle HTF analysis. Higher Timeframe (default: 240/4H): Timeframe for momentum analysis. MACD Fast Length (default: 12): Fast EMA period for MACD. MACD Slow Length (default: 26): Slow EMA period for MACD. MACD Signal Length (default: 9): Signal line period. Show HTF Bias Background : Toggle background tint. Bias Background Transparency (default: 92): Opacity of background tint. Statistical Analysis Settings Enable Z-Score Analysis : Toggle statistical analysis. Z-Score Lookback (default: 75): Period for mean and standard deviation calculation. Show Extreme Deviation Bands : Toggle +/- 2 sigma bands. Extreme Z-Score Threshold (default: 2.0): Z-Score level considered extreme. Visual Settings Show Information Dashboard : Toggle dashboard display. Dashboard Position (default: Top Right): Corner placement for dashboard. Color Bars by Trend : Toggle bar coloring based on confluence. Show Trend Cloud : Toggle EMA cloud display. Cloud Transparency (default: 85): Opacity of trend cloud fill. Alert Settings Alert on CHoCH : Enable CHoCH alerts and visual markers. Alert on BOS : Enable BOS alerts and visual markers. Alert on Extreme Z-Score : Enable extreme zone alerts and markers. 5) Recommended Workflow (Practical Use) Step 1: Identify Market Structure Observe swing highs and swing lows to understand current structure Higher highs + higher lows = Bullish structure Lower highs + lower lows = Bearish structure Mixed swings = Ranging/consolidating market Step 2: Check Higher Timeframe Bias Look at background tint and dashboard HTF reading Trading with HTF momentum increases probability of success Step 3: Wait for Structure Breaks For trend reversals: Wait for CHoCH signals that align with HTF momentum For trend continuation: Wait for BOS signals that confirm existing trend Step 4: Consider Statistical Context Avoid buying when Z-Score is extremely positive (overbought) Avoid selling when Z-Score is extremely negative (oversold) Look for reversals when price reaches extreme bands Step 5: Assess Overall Confluence STRONG BULL = High-probability long setups STRONG BEAR = High-probability short setups NEUTRAL = Wait for clearer signals Recommended Timeframe Settings: For 15-minute charts: Use 4H (240) higher timeframe For 1-hour charts: Use Daily (D) higher timeframe For 4-hour charts: Use Weekly (W) higher timeframe 6) Alerts IMS Pro ships with alert conditions for: Bullish CHoCH : Triggers when a bullish Change of Character is detected Bearish CHoCH : Triggers when a bearish Change of Character is detected Bullish BOS : Triggers when a bullish Break of Structure is detected Bearish BOS : Triggers when a bearish Break of Structure is detected Extreme Overbought : Triggers when Z-Score first exceeds the extreme threshold Extreme Oversold : Triggers when Z-Score first drops below the negative extreme threshold Bullish Confluence : Triggers when CHoCH + HTF Bullish + Oversold Z-Score align Bearish Confluence : Triggers when CHoCH + HTF Bearish + Overbought Z-Score align The confluence alerts are particularly valuable as they only trigger when multiple factors align, filtering out lower-probability setups. 7) Limitations & Best-Use Guidance Market structure analysis works best in trending markets; may produce mixed signals in choppy conditions. Higher timeframe data requires sufficient historical bars to calculate accurately. Z-Score assumes normal distribution which may not hold during extreme market events. Past structural patterns do not guarantee future price behavior. The indicator is a tool for analysis, not a standalone trading system. Always validate on your own symbols and timeframes before committing capital. Best Practices: Always trade in the direction of the higher timeframe momentum Use CHoCH signals for potential reversals, BOS signals for continuations Avoid entries when Z-Score is at extremes against your trade direction Wait for STRONG BULL or STRONG BEAR confluence for highest probability trades Adjust pivot sensitivity based on your trading timeframe (higher for swing trading, lower for day trading) Use the swing high and swing low levels from the dashboard for stop loss and target placement Disclaimer This script is for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any financial instrument. Trading involves substantial risk of loss. Past performance of any trading methodology is not indicative of future results. Users should conduct their own research and consult with qualified financial advisors before making trading decisions. The author is not responsible for any losses incurred from using this indicator. -Made with passion by officialjackofalltrades
Indicador Pine Script®
por officialjackofalltrades
BehindTheScalper - BIGTRADES (V6 STRONG MODE)ENG BigTrades 2.0 detects institutional aggression events using tick volume and pure price action only, no order flow, no bid/ask, no footprint. It highlights abnormal capital injections where smart money is actively entering or defending key levels. Big Trades are not frequent and not entry signals, but high-impact context markers to confirm bias, accumulation, distribution, or level defense. Designed for traders who want to follow who moves the market, not who reacts to it. Follow me on YOUTUBE and TELEGRAM BehindTheScalper ITA BigTrades 2.0 individua eventi di aggressione istituzionale utilizzando solo tick volume e price action, senza order flow, bid/ask o footprint. Evidenzia immissioni anomale di capitale dove le mani forti stanno entrando o difendendo livelli chiave. I Big Trades non sono frequenti e non sono segnali di ingresso, ma marcatori di contesto ad alto impatto per confermare bias, accumulo, distribuzione o difesa di livello. Pensato per chi vuole seguire chi muove il mercato, non chi lo insegue. Per vedere come li uso, seguimi su YOUTUBE and TELEGRAM BehindTheScalper
Indicador Pine Script®
por zheyea
OI: HTF CVD LineOI: HTF CVD Line brings higher-timeframe CVD context onto any chart. It computes the CVD line on your chosen HTF (e.g., 4H / 1D / 1W) using lower-timeframe volume data, then overlays that HTF CVD on the price chart so you can compare flow vs price without switching timeframes. This script is free to use but published as protected (closed source). What it does Computes CVD on a selected higher timeframe (HTF) Optionally uses a separate anchor/reset period (e.g., compute on 4H but reset weekly) Maps the HTF CVD onto the price scale so it can be viewed as an overlay Adds optional tools to make HTF flow easier to read: Reference MA (a simple guide line on price) Strength band around price when HTF flow conditions are unusually strong Flip markers when the internal HTF bias crosses through neutral Why you’d use the HTF version Most traders want their “flow read” to be slower, cleaner, and more structural than their entry timeframe. This indicator lets you: Keep entries on a lower timeframe while using HTF flow as the context filter Reduce noise and false flips compared to LTF-only CVD views Spot moments when price is moving without supportive HTF participation, or when HTF flow is building before price fully responds Inputs (in practical terms) HTF to compute on: The timeframe your CVD context comes from. Reset / anchor period: Controls when the cumulative line resets (broader context vs more frequent resets). Lower timeframe for delta: Controls how granular the underlying volume sampling is (more detail vs lighter/smoother). Smoothing + overlay scaling window: Controls how responsive the line is and how tightly it fits the price scale. Strength band + threshold: Shows a band only during meaningfully strong HTF conditions. Flip markers: Quick visual flags when the internal HTF bias flips through neutral. Notes This is a context overlay, not a full trading system. Behaviour depends on the quality/availability of volume data for the symbol/exchange.
Indicador Pine Script®
por OriginalIndicators
Chestodor's MA MatrixDominate any market with precision using Chestodor's MA Matrix — the most flexible and powerful Multi-Timeframe Moving Averages indicator on TradingView. Built for serious traders who demand total control, this tool lets you create your own personalized MA "matrix" with up to 5 independent moving averages, each locked to its own timeframe, type, and settings. Key Features: - 5 Fully Independent MAs: Set unique length, type (SMA or EMA), and individual timeframe (1m to monthly) for each. - Enable/Disable Toggle: Instantly show or hide any MA to declutter your view. - Custom End-of-Line Labels: Personalized text (e.g., "Daily 200 EMA" or "21W EMA") that sticks perfectly to the end of each MA line, just below for maximum visibility. - 5 Customizable Crossover Alerts: Configure up to 5 separate alerts for any MA pair — get notified on bullish or bearish crossovers with clear, custom messages. - Pro-Level Efficiency: Accurate higher-TF data via request.security, conditional plotting, and no repainting. How to Use: Add to your chart and customize inputs (length, type, timeframe, color, label text). Toggle MAs on/off as needed. Set alerts by selecting pairs in the 5 slots and enabling them. Watch live labels update at the chart's right edge for instant identification.
Indicador Pine Script®
por Chestodor
Blockcircle Waveform BandsThe Blockcircle Waveform Bands is a comprehensive trend-following indicator built around a layered moving average ribbon system. The core idea is simple: when shorter-term averages stack above longer-term ones in proper sequence, the trend is healthy. When they compress, cross, or invert, something is changing. This indicator was developed to solve a common problem. Traders often clutter their charts with multiple moving averages, each added separately, each requiring manual tweaking. Waveform Bands consolidates everything into a single, unified view. You get fast, medium, and slow bands that expand and contract with momentum, change color based on trend direction, and provide clear reference points for entries, exits, and trend assessment. Also included is a configurable higher-timeframe bias band, which allows you to track the macro trend without switching timeframes. Most useful is following the 21W EMA and 20W SMA crosses. What Makes This Indicator Different While moving average ribbons are a well-known concept, this indicator extends beyond simple MA plotting in several meaningful ways that justify its protected source status. First, the indicator calculates a proprietary confluence score ranging from negative 100 to positive 100. This score is not just counting crossovers. It uses weighted contributions from band alignment, price position across multiple timeframe zones, and momentum confirmation via rate of change integration. The specific weighting logic and calculation method represent original development work not available in standard MA ribbon indicators. Second, the summary scoring system evaluates trend quality on a 0 to 100 scale using a multi-factor algorithm. Trend state contributes up to 35 points, band alignment contributes up to 30 points, price position contributes up to 20 points, and momentum confirmation contributes up to 15 points. This weighted approach provides objective trend measurement rather than relying solely on visual interpretation. Third, the signal generation framework offers five distinct signal methods, each with three sensitivity levels, creating fifteen unique configurations. This is a complete signal system with filtering logic, not simply MA crossover alerts. The interaction between signal type, sensitivity, and the optional trend filter creates a flexible framework that traders can calibrate to their specific style. Fourth, the optional smoothing layer applies additional processing after the base MA calculations are complete. This reduces noise and whipsaws during choppy conditions while maintaining responsiveness during genuine trend moves. These proprietary elements, particularly the scoring algorithms and signal framework, represent the original work that distinguishes this from standard open-source MA ribbons available elsewhere. Key Features Multi-Band Ribbon System: Three distinct bands covering short, medium, and long-term trend structure. The fast band uses configurable MAs with default periods of 8, 13, and 16 for immediate price action. The mid band spans 21 to 42 periods, capturing the intermediate swing structure. The slow band covers 50 to 60 periods, representing the underlying trend foundation. Each band can be independently toggled, colored, and adjusted. Flexible Moving Average Types: Choose from eight MA calculation methods including EMA, SMA, WMA, VWMA, HMA, DEMA, TEMA, and ZLEMA. Set a default type for all bands or override individually per band. Useful for those who prefer Hull MA smoothness or the responsiveness of DEMA and TEMA. Major Moving Averages: Built-in 200-period MA for institutional-level support and resistance. Pi cycle MA using 314 periods for longer-term cycle analysis. Fully customizable additional MA with adjustable length, type, and color. Clear visual distinction with configurable line widths. Higher Timeframe Bias Band: Dual MA system pulled from any higher timeframe you choose. Default configuration mirrors the popular 21-week EMA versus 20-week SMA setup. Both MAs are fully adjustable in length, type, and timeframe. Automatic bullish or bearish fill coloring based on which MA leads. Keeps macro context visible without leaving your current chart. Dynamic Trend Coloring: All bands automatically shift color based on detected trend state. Bullish alignment shows green spectrum, bearish shows red, neutral shows yellow. Trend Detection and Scoring: Algorithmic trend state detection based on band alignment and price position. Confluence scoring system weighing multiple factors from negative 100 to positive 100. Band alignment tracking showing whether each band is internally bullish or bearish. Band expansion and contraction monitoring for momentum assessment. Strength percentage calculation for trend conviction measurement. Signal Generation: Multiple signal type options including band crosses, price crosses, and full alignment signals. Three sensitivity levels to match different trading styles and timeframes. Optional filtering to show only signals confirmed by the slow band. Dashboard Display: Comprehensive table with summary score, bias direction, and trend status. Compact mode available for reduced screen footprint. Alerts: Pre-configured alerts for buy and sell signals. Trend change notifications when bias shifts bullish or bearish. Major MA cross alerts for the 200 MA and Pi MA. Band alignment alerts when all bands synchronize. Confluence threshold alerts for strong directional readings. How To Use Identifying Trend Direction: Look at the overall band structure first. In a healthy uptrend, the fast band sits above the mid band, which sits above the slow band. Price should be trading above the fast band or at least within it. The dynamic coloring gives you an instant read. If everything is green, the trend structure is bullish. Red means bearish. Yellow or mixed colors indicate transition or consolidation. Check the dashboard summary row for a quick score. Above 60 suggests a solid trend, while below 40 indicates weakness or chop. Using the Bias Band for Macro Context: The higher timeframe bias band tells you whether the larger trend supports your trade idea. If you are looking to buy on a daily chart, check whether the weekly bias band is bullish, meaning the fast MA is above the slow MA. When the price is above both bias MAs and the band is bullish, conditions favor long positions. When the price is below both and the band is bearish, conditions favor shorts or staying out. The fill color between the bias MAs changes automatically. Green fill indicates bullish macro bias and red indicates bearish. This is visible at a glance without checking numbers. Finding Entry Points: Look for pullbacks into the mid band during established trends. When the fast band compresses toward the mid band and then expands again, this often marks a continuation entry. Band crossings can signal new trend initiations. When the fast band crosses above the mid band with confirming price action, it suggests a potential long entry. The opposite applies for shorts. Use the signal markers as alerts to potential opportunities, but confirm with price action. A signal appearing while the price is holding above a key band carries more weight than one appearing in isolation. Managing Risk and Exits: The slow band often acts as a trailing stop reference during trends. As long as price holds above the slow band on pullbacks, the trend remains intact. This is not always true, but it serves as a helpful general guideline. Losing the mid band on a closing basis often warns that the move is weakening. This might prompt partial profit-taking or tightening stops. The 200 MA serves as a major support or resistance level. Trends that break below the 200 after an extended move often accelerate to the downside. Reading Momentum Through Band Width: When all bands are tightly compressed, expect a directional move soon. Compression represents energy building up. Expanding bands confirm momentum is present in the current move. Watch for continued expansion on trend days. Contracting bands during a trend may warn that momentum is fading, even if the price has not reversed yet. Combining Multiple Timeframes: Enable multi-timeframe mode to see higher timeframe MAs plotted on your current chart. Be careful with this as it can crowd the display, but it is useful for seeing different timeframes stacked together. This helps identify where significant support or resistance exists above your normal view. The bias band already provides macro context, but you can set it to different timeframes for different purposes. Day traders might use daily bias bands while swing traders might prefer weekly. How To Read The Table The summary row gives you the overall picture. A high score with bullish bias and strong trend status represents ideal conditions for trend-following entries. Individual band status rows tell you if any divergence exists between timeframes. If the fast band is bearish but mid and slow are bullish, you might be seeing a pullback rather than a reversal. Price position percentages show how extended the price is from each band. Extreme readings in either direction suggest potential mean reversion or exhaustion. Limitations This indicator is designed for trending markets and performs best when clear directional movement exists. During extended consolidation or ranging conditions, the confluence score may oscillate near zero and signals may produce mixed results. Like all moving average based systems, signals are lagging by nature. The indicator confirms trends rather than predicting them. Early entries require additional confirmation from price action or other methods. The default settings are optimized for daily and higher timeframes on crypto and forex markets. Intraday traders and those analyzing other asset classes may need to adjust the band lengths to match their specific conditions. This indicator should be used as part of a complete trading approach that includes proper risk management and position sizing. It is not intended as a standalone system. Getting Started Start with the default settings and observe how the indicator behaves on your preferred instruments and timeframes before customizing. The indicator works on all markets and timeframes, but the default MA lengths are optimized for daily and higher charts. For intraday trading, consider reducing the band lengths proportionally. Use the compact table mode if the full dashboard feels cluttered. The essential information remains visible while using less screen space. Set up alerts for trend changes and major MA crosses so you do not need to watch charts constantly. Let the indicator notify you when conditions change.
Indicador Pine Script®
por blockcircle
OI: CVD LineOI: CVD Line is a simple price-overlay CVD tool designed to make order-flow context easy to read directly on the chart. It builds a cumulative volume delta line from lower-timeframe volume data, then maps it onto the price scale so you can compare “flow” vs price without needing a separate pane. This script is free to use but published as protected (closed source). What you see A CVD line overlaid on price (coloured up/down by its current direction) An optional guide moving average on price for quick reference An optional strength band around price when flow conditions are unusually strong Optional flip markers when the internal bias crosses through neutral How to use it Confirm direction: When the CVD line is rising and price structure agrees, it often supports continuation conditions. Spot disagreement: When price pushes but the CVD line fails to follow (or rolls over), it can hint at weakening participation. Filter trades: Use the line direction and/or strength band as a context filter rather than a standalone entry system. Inputs (explained in “how it helps” terms) Reset / anchor period: Controls how often the cumulative line resets (broader vs more reactive context). Sampling timeframe: The lower timeframe used to build the CVD (more detail vs smoother/lighter). Line smoothness / smoothing style: Adjusts responsiveness vs noise. Overlay behaviour + fit window: Controls how tightly the CVD line is fit to recent price movement (looser/trend-focused vs tighter/window-focused). Strength band + threshold: Shows a band only when flow strength is meaningfully above “normal”. Mark bias flips: Adds small markers when the internal bias flips through neutral. Notes This is a visual context tool (not an auto-trading system). Any live-bar indicator can change during the current candle; signals are most reliable when confirmed on candle close. Requires symbols/exchanges where the underlying volume data is available and meaningful.
Indicador Pine Script®
por OriginalIndicators
OI: Simple Trend BGOI: Simple Trend BG (Open Source) OI: Simple Trend BG is a very simple, open-source overlay for traders who follow a basic rule: only trade in the direction of a moving-average stack (often on a higher timeframe). It plots a 3-SMMA stack on your current chart and optionally colours the chart background based on whether the secondary timeframe is cleanly stacked bullish or bearish. What it does Plots three SMMAs (Wilder / RMA smoothing) on the current timeframe: Fast / Mid / Slow (defaults: 21, 50, 200) Checks the same three SMMAs on a secondary timeframe (selectable) Colours the background when the HTF stack is clearly aligned: Green when Fast > Mid > Slow (bullish stack) Red when Fast < Mid < Slow (bearish stack) No background when the stack is mixed/neutral Why it’s useful If your trading plan is simply “only take longs when the MA stack is bullish and shorts when it’s bearish”, this script makes that rule obvious at a glance. Instead of constantly checking whether the averages are in order (especially on a higher timeframe), you get a clean background bias filter while still seeing the MAs on your trading timeframe. Inputs Secondary timeframe: The timeframe used for the background bias check Fast/Mid/Slow SMMA lengths: Controls the stack Optional display toggles: show/hide MA plots and background shading Notes This is intentionally minimal: no signals, no entries/exits, no alerts — just a clear visual filter. Like all moving-average tools, the most recent bar updates in real time and settles on close.
Indicador Pine Script®
por OriginalIndicators
Future Sniffer: HAP RSI TeslaFuture Sniffer: HAP RSI Tesla Visual 🚗⛽ Description (English): This is the HAP RSI indicator with a Tesla car 🚗 and fuel can ⛽ visualization. It’s designed for clear visual signals of market momentum and RSI strength. Features: - Tesla Car (🚗): Shows on strong RSI signals, positioned above the bar. - Fuel Can (⛽): Small and semi-transparent, appears under the car to indicate signal readiness. - RSI Value: Displayed above the fuel can, fully visible and not blocked by the bidon. - Signal Quality: Strong, medium, and weak signals are color-coded (green shades). - Dynamic Bands: Upper, middle, and lower RSI bands for visual reference. - Histogram: Smooth RSI histogram for trend strength. - Background Highlight: Optional background coloring for quick visual recognition of signal quality. Important: - Works best with overlay = false. - Strong signals are calculated using RSI increase, ADX weakening, and volume confirmation. - ⚠️ In volatile or low-volume markets, signals may be less reliable. Copy Description
Indicador Pine Script®
por onderarslantas107
Tesla RSI Dashboard This is the HAP RSI indicator with a Tesla car 🚗 and fuel can ⛽ visualization. It’s designed for clear visual signals of market momentum and RSI strength. Features: Tesla Car (🚗): Shows on strong RSI signals, positioned above the bar. Fuel Can (⛽): Small and semi-transparent, appears under the car to indicate signal readiness. RSI Value: Displayed above the fuel can, fully visible and not blocked by the bidon. Signal Quality: Strong, medium, and weak signals are color-coded (green shades). Dynamic Bands: Upper, middle, and lower RSI bands for visual reference. Histogram: Smooth RSI histogram for trend strength. Background Highlight: Optional background coloring for quick visual recognition of signal quality. Important: Works best with overlay = false. Strong signals are calculated using RSI increase, ADX weakening, and volume confirmation. ⚠️ In volatile or low-volume markets, signals may be less reliable.
Indicador Pine Script®
por onderarslantas107
Anurag -Alpha Pro (NIFTY/BANKNIFTY) CALL/PUT Boxes Trend BadgeThis indicator gives CALL (buy) and PUT (sell) signals for Nifty and BankNifty using trend + confirmation filters. It trades only during NSE market hours and avoids noisy periods like the opening minutes and mid-day lull. It confirms direction using EMA trend, VWAP, ADX (trend strength) and RVOL (volume push) to reduce fake signals. It plots clear Entry, Stop Loss, and Target using ATR-based risk so levels adjust automatically to volatility. The green/red boxes show your target zone and stop zone visually, keeping the chart clean with only one active setup. The Trend Badge shows the current market state (Bullish / Bearish / Ultra) so you know the bias before taking a trade.
Indicador Pine Script®
por anu_tarang
Piv X# Piv X Pro - Multi-Layer Reversal Detection System ## Overview Piv X Pro is an advanced technical analysis indicator that combines dynamic pivot detection, Williams %R momentum divergence analysis, and multiple VWAP anchoring methods to identify high-probability mean reversion opportunities. Unlike simple indicator combinations, this script implements a layered filtration system where each component validates and refines signals from the previous layer, resulting in significantly fewer but higher-quality reversal setups. ## Core Methodology ### 1. Dynamic ATR-Based Pivot Detection The script uses an adaptive pivot detection algorithm that adjusts sensitivity based on market volatility. Instead of fixed lookback periods, pivot strength is calculated dynamically using Average True Range (ATR): **Calculation:** `pivot_strength = max(min_strength, min(ATR / mintick * multiplier, max_strength))` This ensures: - More sensitive pivots in low volatility (smaller ATR) - More significant pivots in high volatility (larger ATR) - Automatic adaptation across different market conditions and timeframes **Significance Filtering:** Pivots must exceed a minimum ATR distance from recent price action (default 0.3 ATR) to filter noise. This prevents minor price fluctuations from being marked as significant pivots. **Volume Confirmation (Optional):** Pivots can optionally require volume spikes (default 1.5x average volume) to ensure institutional participation. ### 2. Williams %R Momentum Divergence Engine The script detects classic and hidden divergences between price pivots and Williams %R oscillator readings: **Bullish Divergence Detection:** - Price makes a lower low (confirmed pivot low) - Williams %R makes a higher low (momentum improving) - Divergence occurs in oversold zone (Williams %R ≤ -80) - Lookback range: 60 bars maximum **Bearish Divergence Detection:** - Price makes a higher high (confirmed pivot high) - Williams %R makes a lower high (momentum weakening) - Divergence occurs in overbought zone (Williams %R ≥ -20) - Lookback range: 60 bars maximum **Divergence-Anchored VWAPs:** When a divergence is detected, a new VWAP calculation begins from that point, tracking institutional positioning relative to the momentum shift. This provides a dynamic mean reversion target that resets at each confirmed divergence. ### 3. Confluence Scoring System Each detected pivot receives a numerical score (0-150+ points) based on multiple independent confirmation factors: **Scoring Components:** - Base Pivot Detection: 10 points - Volume Spike Confirmation: 15 points - Higher Timeframe Trend Alignment (4H EMA): 20 points - RSI Extreme Levels (oversold/overbought): 25 points - Mean Reversion Distance (>2.5 ATR from HTF MA): 20 points - Exhaustion Patterns (price move + volume spike): 10 points - ATR Price Confirmation: 10 points - RSI Divergence: 15 points - Swing Failure Pattern (SFP): 15 points - Liquidity Sweep: 10 points - Candle Reversal Confirmation: 10 points - Key Level Alignment (previous day/week highs/lows): 10 points - Fair Value Gap (FVG) Fill: 10 points - Session Weighting (London/NY sessions): 10 points - Multi-Timeframe Pivot Confluence: 15 points **Zone Classification:** - Regular Zones: Score 60-89 (green/purple boxes) - Golden Zones: Score 90+ (yellow boxes with thicker borders) Higher scores indicate stronger confluence and higher probability setups, but no prediction is guaranteed. ### 4. Mean Reversion Distance Filter The script calculates how far price has stretched from the higher timeframe moving average: **Calculation:** `distance_from_htf_ma = (close - HTF_EMA) / ATR` **Mean Reversion Condition:** - For long setups: Price >2.5 ATR below HTF EMA when HTF trend is up - For short setups: Price >2.5 ATR above HTF EMA when HTF trend is down This ensures pivots are only highlighted when price is statistically stretched and likely to revert toward the mean. ### 5. Multi-Period VWAP Framework The script provides multiple VWAP calculations for different analysis purposes: **Extreme VWAPs:** - Bottom VWAP: Anchored to the absolute lowest low in the lookback period (default 50 bars) - Top VWAP: Anchored to the absolute highest high in the lookback period **Periodic VWAPs:** - 4D VWAP: Resets every 4 days - 9D VWAP: Resets every 9 days - 4H VWAP: Resets every 4 hours - 8H VWAP: Resets every 8 hours - Weekly VWAP: Resets at the start of each week - Monthly VWAP: Resets at the start of each month - Yearly VWAP: Resets at the start of each year **Previous Period VWAPs:** - Previous Weekly, Monthly, and Yearly VWAPs are displayed as reference levels for support/resistance **Divergence VWAPs:** - Bullish Divergence VWAP: Resets at each bullish Williams %R divergence - Bearish Divergence VWAP: Resets at each bearish Williams %R divergence ### 6. IBSS Pro Mean Reversion System An integrated scalping system that provides entry signals within high-probability pivot zones: **Components:** - Dual EMA System: Fast EMA (12) and Slow EMA (26) with color-coded trend visualization - RSI Oversold/Overbought Detection: Configurable levels (default 30/70) - Zone-Based Entry: Signals only trigger when price is within active pivot zones (0.3 ATR around confirmed pivots) - ATR-Based Dynamic Stops: Stop losses trail with position using ATR multiplier **Signal Generation:** - Buy signals: RSI crosses above oversold + Fast EMA > Slow EMA + Price in pivot low zone - Sell signals: RSI crosses below overbought + Fast EMA < Slow EMA + Price in pivot high zone ## Why This Combination is Unique This is not a simple indicator mashup. The components work together in a specific hierarchy: 1. **Williams %R Divergence** identifies momentum shifts before price confirms the reversal 2. **Dynamic Pivots** mark actual price structure extremes with ATR-based significance filtering 3. **Confluence Scoring** quantifies setup quality using 10+ independent confirmation factors 4. **Mean Reversion Distance** confirms price is statistically stretched (>2.5 ATR from HTF MA) 5. **VWAP Framework** tracks institutional positioning and provides objective mean levels 6. **IBSS Signals** provide precise entries within high-probability zones Each layer filters the previous one, resulting in significantly fewer but higher-quality signals than any single indicator alone. The divergence-anchored VWAPs are unique - they reset at momentum shifts rather than arbitrary time periods, providing more relevant mean reversion targets. ## How to Use This Indicator ### For Swing Trading (15m-1H Charts) 1. Wait for a major pivot to form (diamond marker appears below/above bars) 2. Check the confluence score displayed in the zone label 3. Look for Golden Zones (score 90+, yellow boxes with thicker borders) 4. Enter when price enters the pivot zone (0.3 ATR around the pivot) 5. Use the nearest VWAP level as first target 6. Set stop loss beyond the pivot zone (typically 0.5-1 ATR) ### For Scalping (5m-15m Charts) 1. Enable IBSS Pro Signals in settings 2. Wait for price to enter an active pivot zone (colored boxes appear) 3. Take IBSS diamond signals that form within zones 4. Use ATR-based stop losses (dashed lines appear automatically if enabled) 5. Exit at pivot VWAP or opposite zone edge ### Visual Elements Explained - **White/Purple Crosses**: Williams Divergence VWAPs (momentum-based mean reversion targets) - **Green/Red Crosses**: Bottom/Top VWAPs (absolute extreme levels) - **Colored Boxes**: Pivot reversal zones (opacity indicates confluence score) - **Yellow Boxes**: Golden zones (90+ score, highest probability setups) - **Small Diamonds**: Regular pivot detections - **Green/Red Tiny Diamonds**: IBSS scalp entry signals (if enabled) - **White/Purple MAs**: IBSS trend filter (12/26 EMA with cloud) - **Dotted Lines**: Structure lines connecting consecutive pivots of same type - **Blue Dashed Lines**: Market Structure Shift (CHoCH) markers ### Recommended Settings **Conservative (Lower Timeframes 1m-5m):** - ATR Pivot Strength: 0.8-1.0 - Volume Threshold: 2.0 - Min Pivot Significance: 0.4-0.5 - Enable ATR Confirmation: Yes - Real-Time Mode: Off - Score Threshold: 80+ **Aggressive (Higher Timeframes 15m-1H):** - ATR Pivot Strength: 0.6-0.8 - Volume Threshold: 1.5 - Min Pivot Significance: 0.3 - Enable ATR Confirmation: No - Real-Time Mode: On - Score Threshold: 60+ ## Chart Requirements This indicator should be used **alone on a clean chart** with: - Standard candlestick or bar chart type (NO Heikin Ashi, Renko, Point & Figure, or Range charts) - No other indicators overlaid (all functionality is self-contained) - Symbol and timeframe clearly visible in chart - Full indicator name "Piv X Pro" visible in chart legend ## Important Disclaimers - Past performance does not guarantee future results - All signals are probabilistic indicators, not trading guarantees - Use proper risk management and position sizing - Test thoroughly on demo accounts before live trading - Higher confluence scores indicate better setups but no prediction is certain - Mean reversion strategies work best in ranging/choppy markets; may underperform in strong trending markets - The lookahead bias warning: HTF EMA uses `barmerge.lookahead_on` for trend filtering only (not for signal generation), which may cause historical bars to show different trend states than real-time ## Key Differentiators Unlike basic pivot or VWAP indicators: - **Dynamic ATR-based pivot detection** vs static lookback periods - **Quantified confluence scoring** vs subjective interpretation - **Mean reversion distance filtering** (>2.5 ATR from HTF MA) vs all pivots shown - **Divergence-anchored VWAPs** vs static period VWAPs - **Multi-layer confirmation system** (10+ independent factors) vs single signal generation - **Integrated scalping system** that only triggers in high-probability zones This script is open-source and available for educational purposes. Users are encouraged to understand the methodology before using it for live trading decisions.
Indicador Pine Script®
por RickyTSpanish
Ascension Pro Key LevelsAscension Pro Key Levels automatically identifies and draws high-probability support and resistance levels that professional traders watch daily. This indicator eliminates the guesswork by plotting key price zones where institutional activity and price reactions are most likely to occur. This indicator tracks and displays critical price levels including: Today's High/Low - Current session extremes Yesterday's High/Low - Previous session key levels Premarket High/Low - Extended hours price discovery zones Opening Range - First 15 minutes of market activity (configurable) Near Open Levels - Price action around market open After Hours & Overnight Levels - Extended trading session zones Weekly/Monthly/Quarterly/Yearly OHLC - Longer timeframe pivots VWAP - Volume-weighted average price for current and previous sessions Moving Averages - Customizable EMAs/SMAs for today and yesterday Custom Levels - Add your own support/resistance zones Key Features ✅ Automatic Level Detection - No manual drawing required ✅ RTH vs ETH Mode - Toggle between Regular Trading Hours and Extended Hours data ✅ Smart Label Management - Merges nearby levels to reduce chart clutter ✅ Price Proximity Alerts - Highlights levels when price approaches (ATR-based zones) ✅ Customizable Visuals - Full control over colors, line styles, and label formatting ✅ Multi-Timeframe Support - Works on any chart timeframe ✅ Historical Levels - Option to display previous session levels for context Who Is This For? Day traders looking for intraday support/resistance Swing traders tracking multi-day levels Scalpers needing precise entry/exit zones Anyone who wants institutional-grade level tracking without manual work Configuration Options Enable/disable specific level types Customize colors for each level category Adjust line width, style, and extension Control label display and formatting Set proximity detection range (% based) Configure market hours and timezone Part of Ascension Pro Indicator Bundle This indicator is professionally configured and optimized as part of the Ascension Pro trading system - a complete suite of institutional-grade tools for serious traders.
Indicador Pine Script®
por ScorchTrades
OI: Simple BandOI: Simple Band (Open Source) OI: Simple Band is a very simple, open-source overlay that draws a two-line moving-average band and fills the space between them to highlight trend bias and momentum shifts at a glance. What it plots EMA (Exponential Moving Average) using the selected length SMMA (Smoothed Moving Average) using the same length A ribbon fill between the two: Green when EMA > SMMA (bullish bias) Red when EMA < SMMA (bearish bias) Why use two different MAs with the same length? Even with the same length, these two averages react differently: EMA weights recent prices more heavily, so it responds faster to changes. SMMA is designed to be steadier and slower, filtering more noise. Using the same length keeps the comparison fair (same smoothing window) while still giving you a “fast vs slow response” relationship. The distance and relationship between them becomes a simple way to see: Momentum / pressure: When EMA pulls away from SMMA, price is moving with enough force to overcome smoothing. Compression: When they converge, momentum is fading and conditions often look more “balanced.” State changes: Crossovers flip the ribbon colour and can be used as a context shift (trend/bias filter), not a standalone entry/exit rule. Inputs Moving average band (length): Controls both EMA and SMMA smoothing. SMMA Source: Chooses the data used for the SMMA calculation (EMA is calculated on close). Notes This is intentionally minimal: no higher-timeframe requests, no security() calls, no signals — just a clean visual band. Like all moving averages, it updates on the live candle and will settle on bar close.
Indicador Pine Script®
por OriginalIndicators
LARGER PRICE LINE Adjustable (UPDATED)LARGER PRICE LINE I made this so I could SEE THE PRICE LINE BETTER and try to reduce some eye strain!! Hope it helps... enjoy! comment for improvements or suggestions Improved Adjustable Size and Color for the Price Line and Price Box Adjustment for Price Line: Size and Color plus Solid Line, Dashed or Dotted Line Adjustments include: Price Box Text Size and Color (Small, Normal, Large, Huge!) Adjustable Right Side Offset for Price Box
Indicador Pine Script®
por JoeKing1