ORB by VJRange Breakout Indicator (RBI) – High-Probability Trading Tool
The Range Breakout Indicator (RBI) is a powerful trading tool designed to identify high-probability breakout opportunities with a winning accuracy of over 90%. This indicator analyzes price consolidation zones, detects key breakout levels, and confirms momentum shifts to maximize profitability.
Key Features:
✅ Breakout Confirmation: Detects valid breakouts beyond a defined range, reducing false signals.
✅ Smart Volatility Filter: Ensures breakouts occur with sufficient momentum for sustained price movement.
✅ Trend Bias Detection: Aligns breakouts with the prevailing trend for higher success rates.
✅ Risk Management Alerts: Provides optimal stop-loss and take-profit levels for secure trading.
✅ Multi-Timeframe Analysis: Enhances accuracy by filtering signals across different timeframes.
Ideal for intraday and swing traders, the RBI helps capitalize on market breakouts with exceptional accuracy, ensuring traders stay ahead of major price movements. 🚀📈
Indicadores e estratégias
My scriptKey Enhancements:
Stop Loss and Take Profit:
We added inputs for Stop Loss and Take Profit percentages. You can modify these values as per your strategy. For example, if you set the Stop Loss to 1% and the Take Profit to 2%, the strategy will automatically place orders to close a position at those levels.
Exit Logic:
The strategy exits the long position either when the Change of Character occurs (bearish signal) or when the price hits the Stop Loss or Take Profit levels.
Plotting Levels:
We visually plot the Stop Loss and Take Profit levels on the chart to help you better understand where the strategy is placing these levels.
Strategy Performance:
By including exit conditions based on both Stop Loss and Take Profit, we can better assess the profitability of the strategy.
TradingView automatically calculates performance metrics such as Net Profit, Profit Factor, Win Rate, Drawdown, and others in the Strategy Tester panel.
How to Evaluate Profitability:
Apply the Script:
Copy the updated code into TradingView's Pine Script Editor and click Add to Chart.
View Performance Metrics:
After applying the strategy, click on the Strategy Tester tab below the chart.
In this tab, you will see various metrics such as Net Profit, Max Drawdown, Win Rate, Profit Factor, etc.
Optimize Parameters:
You can adjust the lookback, stopLossPct, and takeProfitPct parameters in the script to optimize the strategy for better profitability. You can use TradingView's built-in strategy optimization tools to backtest different combinations.
Interpret Results:
The Profit Factor measures how many dollars you earned for each dollar lost. A value greater than 1 indicates a profitable strategy.
The Win Rate indicates how often the strategy wins, while the Net Profit shows how much profit you made over the backtest period.
The Max Drawdown helps you understand the worst peak-to-trough loss during the backtest period.
Key Strategy Performance Metrics:
Net Profit: The total profit or loss generated by the strategy.
Profit Factor: The ratio of gross profit to gross loss. A profit factor above 1 indicates profitability.
Win Rate: The percentage of winning trades in the backtest.
Max Drawdown: The largest peak-to-trough loss, indicating the strategy's risk during a drawdown.
Example Adjustments:
You can fine-tune the strategy by adjusting parameters, such as:
Lookback Period: If the market is more volatile, you might reduce the lookback to identify structure changes more quickly.
Stop Loss/Take Profit: The Stop Loss and Take Profit levels can be adjusted based on your risk tolerance and market conditions.
Next Steps:
If you want to explore further, consider adding more advanced features, like:
Volume Analysis: Include volume to confirm the CoC (e.g., high volume on a reversal).
Time-of-day Filter: Trade only during certain hours when the market is more volatile.
Trend Confirmation: Use higher timeframe trend indicators to filter trades.
This enhanced version should give you a better understanding of the profitability and overall effectiveness of a Change of Character strategy based on Smart Money Concepts. Let me know if you'd like further refinements or help with interpreting the results!
BankNifty/Nifty Breakout StrategyHere is your TradingView Pine Script for the Nifty/Bank Nifty options breakout strategy. It includes CPR levels, VWAP, Supertrend, and RSI for signals. It also sets alerts for call and put buying conditions.
AB=CD Reciprocal Ratios Table (Source Code)Harmonics AB=CD. C Retracement and D Extension Calculations Table
Weeks_and_daily_biasThe Weekly Close Indicator tracks the closing prices of both the previous and current week. If the current week's close is higher than the previous week's close, it is represented by a green box. Conversely, if the current week's close is lower than the previous week's, a red box is shown. Days within the trend are highlighted with yellow boxes.
This indicator is primarily used to determine the directional bias of the weekly trend. A reversal will not be confirmed unless the current price closes within the range of the previous week.
Pivot Candles with MFI Opacity (No Plot)How to Use the Pivot Candles with MFI Opacity Indicator for Trade Entries and Position Management
Overview
This indicator is designed not only to display key pivot levels (support and resistance) and Money Flow Index (MFI) signals on your chart, but also to help you structure systematic order entries and position management. By combining pivot levels with dynamic MFI-based candle opacity, the indicator provides a visual framework that technical analysts and quants can use to time buy and sell stop orders as well as to pyramid positions or take profits.
Trade Entry with Pivot Levels
Buy Stop Orders Above R1:
Concept: In many technical setups, resistance levels such as R1 are viewed as potential breakout points. A buy stop order placed just above R1 allows you to enter a long position only when price decisively breaks the prior resistance, confirming bullish momentum.
How It Works:
The indicator calculates pivot levels based on the previous higher‑timeframe bar, so R1 is “locked in” for the current period.
When the current candle closes above R1, it may signal a breakout.
Technical analysts often place a buy stop order slightly above R1 (for example, a few ticks or pips above the level) to confirm the move.
Practical Application:
Quants and systematic traders can program their models to monitor when the current close exceeds R1.
Once this condition is met, a buy stop order is triggered to capture the breakout move, ensuring that you only participate if the price decisively moves upward.
Sell Stop Orders Below S1:
Concept: Conversely, S1 acts as a support level. A sell stop order placed just below S1 is designed to capture a breakdown. This order is activated when price closes below S1, indicating that selling pressure may be overwhelming.
How It Works:
With pivot levels fixed from the previous higher‑timeframe bar, S1 provides a reference for potential support.
A close below S1 can be interpreted as a sign of a bearish reversal or a continuation of a downtrend.
Practical Application:
Quants set up their systems to watch for a break below S1.
A sell stop order is positioned just below S1 to ensure that if the support level fails, the system can quickly initiate a short position to capture the downward move.
Using MFI for Position Management
Pyramiding and Profit Taking:
Dynamic Candle Opacity:
The Money Flow Index (MFI) in this indicator not only provides overbought/oversold alerts but also controls the opacity of your candlesticks. When MFI readings are high, the candles become more opaque, indicating strong buying pressure. Conversely, lower MFI values lead to more transparent candles, suggesting reduced momentum.
Pyramiding Long Positions:
Strategy:
In a strong trend, technical analysts might choose to add to a winning position gradually—a process known as pyramiding.
Implementation:
As long as the price remains above R1 and MFI readings are supportive (high and consistent), you may consider adding to your long position incrementally.
Each new buy stop order can be set above R1 with slightly adjusted trigger levels to capture further breakout strength.
Risk Management:
Quants use the MFI reading as a risk filter; if MFI begins to drop or the candles become significantly more transparent, it may be a cue to stop pyramiding or even begin taking profits.
Taking Profit Using MFI and Pivot Reversals:
Profit Targeting:
When price reaches higher resistance levels (e.g., R2 or R3) or shows signs of overextension in conjunction with extreme MFI levels (for instance, a sudden drop in MFI after a strong rally), you can begin taking partial profits.
Systematic Exit:
A systematic strategy might include scaling out of the position as the price approaches the next resistance level or when the MFI indicates that buying momentum is waning.
Similarly, for short positions entered below S1, profit targets might be set near subsequent support levels, with exits triggered if MFI suggests a reversal.
Summary
Entry Orders:
Place buy stop orders just above R1 to capture breakouts.
Place sell stop orders just below S1 to capture breakdowns.
Position Management with MFI:
Use MFI-based candle opacity as a visual indicator of momentum.
Pyramid positions in the direction of the trend when MFI confirms strength.
Consider partial exits if MFI readings start to reverse or if the price nears the next pivot level.
By following this systematic approach, technical analysts and quants can use the indicator not only as a visual tool but as an integral part of an automated or semi-automated trading system that emphasizes disciplined entries, pyramiding, and profit-taking.
Tongo-Levels_EasyСкрипт визуализации важных торговых уровней с бесконечными линиями на графике.
Аргументами могут являться целые и дробные числа. Разделитель запятая с пробелом
給割王Moving Average Convergence Divergence📌多單進場方法
找到零線下方兩個或三個波峰相差較大且連續升高的MACD柱狀圖
MACD對應的K線的低點是否連續降低
📌空單進場方法
找到零線上方兩個或三個波峰相差較大且連續升降低的MACD柱狀圖
MACD對應的K線的低點是否連續抬高
風險回報比：1:1-1:2-1:3自行斟酌
止損：
多單：入場K線低點+ATR數值是止損
空單：入場K線高點+ATR數值是止损
VWAP & EMA Trend Trading with buy and sell signalin my opinion after using so many indicators this is the only indicator i need to scalp or swing depending on what we want to accomplish easy read of buy and sell signal. Too much complication clutters the mind and very hard to get in any trade and leave so much on the table , small position with high probablity trades is all we need. good luck all.
Easy Trend RSI AX EMAS ATREste indicador de TradingView, "Easy Trend RSI AX EMAS ATR", está diseñado para proporcionar señales visuales de posibles puntos de entrada y salida en el mercado, basándose en una combinación de indicadores técnicos populares:
EMA Adaptativa: Una media móvil exponencial que se ajusta dinámicamente según el timeframe del gráfico.
EMAs (50 y 200): Medias móviles exponenciales de 50 y 200 períodos, utilizadas para identificar tendencias a corto y largo plazo.
RSI (7): El Índice de Fuerza Relativa, un oscilador que mide la velocidad y el cambio de los movimientos del precio.
ATR (14): El Rango Promedio Verdadero, un indicador que mide la volatilidad del mercado.
ADX (14): El Índice de Movimiento Direccional Promedio, un indicador que mide la fuerza de una tendencia.
El indicador está diseñado para ser visualmente intuitivo, mostrando señales de compra/venta con flechas y niveles de stop loss basados en ATR.
Condiciones de Entrada
El indicador genera señales de entrada basadas en las siguientes condiciones:
Operaciones en Largo (Compra):
El precio de cierre está por encima de la EMA adaptativa (isBullish).
El precio está cerca de la EMA de 50 períodos (priceNearEMA50Long) o de la EMA de 200 períodos (priceNearEMA200Long).
El RSI es inferior a 32 (rsiBelow32).
No hay una operación en largo ya abierta para la EMA correspondiente (50 o 200).
Operaciones en Corto (Venta):
El precio de cierre está por debajo de la EMA adaptativa (isBearish).
El precio está cerca de la EMA de 50 períodos (priceNearEMA50Short) o de la EMA de 200 períodos (priceNearEMA200Short).
El RSI es superior a 68 (rsiAbove68).
No hay una operación en corto ya abierta para la EMA correspondiente (50 o 200).
Condiciones de Salida
El indicador genera señales de salida basadas en las siguientes condiciones:
Cierre por Cruce de EMAs:
Para operaciones en largo: La EMA de 50 períodos cruza por debajo de la EMA de 200 períodos.
Para operaciones en corto: La EMA de 50 períodos cruza por encima de la EMA de 200 períodos.
Cierre por ADX:
El valor de ADX es superior a un umbral (35 en este caso).
Cierre por Tiempo:
Se cierra la operación si han pasado 60 barras desde la entrada.
Visualización
El indicador muestra la siguiente información en el gráfico:
EMA Adaptativa: Línea de color verde si el precio está por encima y rojo si está por debajo.
EMAs (50 y 200): Líneas de color amarillo y azul, respectivamente.
Niveles de Stop Loss: Líneas horizontales de color rojo, calculadas como un múltiplo del ATR por debajo del precio de entrada para operaciones en largo y por encima para operaciones en corto.
Señales de Entrada: Flechas verdes (compra) y rojas (venta) en el gráfico.
Señales de Cierre: Círculos amarillos cuando se cierra una operación por tiempo o cruce de EMAs.
Consideraciones Importantes
Este indicador es solo para fines informativos y de visualización. No ejecuta operaciones automáticamente.
Los parámetros del indicador (períodos de EMAs, RSI, ATR, ADX, umbrales, etc.) se pueden ajustar para optimizar su rendimiento según las preferencias del usuario y las condiciones del mercado.
Es importante realizar pruebas exhaustivas (backtesting) y utilizar gestión del riesgo antes de tomar decisiones de inversión basadas en este indicador.
Cycle Momentum with VWAPStrategy Overview
Use of VWAP:
VWAP (Volume Weighted Average Price) is the average price over a specific period, weighted by volume. It helps traders understand the price trend. The strategy uses VWAP as a benchmark to determine whether the current price is above or below it.
Momentum Calculation:
Momentum is calculated as the difference between the current price and a specified past price. This difference is multiplied by 2 to emphasize the change in magnitude. If momentum is positive, it indicates an uptrend; if negative, it indicates a downtrend.
Cycle Identification:
The cycle is modeled using a sine function to capture periodic price movements. This helps identify cyclical fluctuations in price and detect trend changes.
Signal Generation:
Buy Signal: Generated when Cycle Momentum crosses above the zero line, suggesting the beginning of an uptrend.
Sell Signal: Generated when Cycle Momentum crosses below the zero line, suggesting the beginning of a downtrend.
Visual Representation:
When signals are generated, green labels (for buy signals) and red labels (for sell signals) are displayed on the chart. Additionally, band lines are drawn at the signal points for easier visual confirmation.
Usage
Entry: When a buy signal occurs, a long position can be taken, and when a sell signal occurs, a short position can be taken.
Trend Confirmation: Since VWAP serves as a benchmark, prices above VWAP indicate a bullish trend, while prices below indicate a bearish trend.
Important Notes
Backtesting: It’s crucial to backtest this strategy on historical data before applying it in live trading to assess performance.
Risk Management: When trading based on signals, it's important to implement proper risk management, including setting stop-loss and take-profit points.
このコードは、VWAP（Volume Weighted Average Price）とCycle Momentumを用いてトレードシグナルを生成するインジケーターです。以下に、このインジケーターの戦略の要点を説明します。
戦略の要点
VWAPの使用:
VWAPは、特定の期間の平均価格をボリュームで加重したもので、トレーダーが価格のトレンドを把握するのに役立ちます。VWAPを基準にして、現在の価格がVWAPよりも上か下かを判断します。
モメンタムの計算:
モメンタムは、現在の価格と指定された過去の価格との差を計算します。この差を2倍することで、変化の幅を強調しています。モメンタムがプラスであれば上昇トレンド、マイナスであれば下降トレンドと考えます。
サイクルの識別:
サイクルは、サイン関数を使用して周期的な動きをモデリングします。これにより、価格の周期的な変動を捉え、トレンドの変化を特定します。
シグナルの生成:
買いシグナル: Cycle Momentumがゼロラインを上回るときに生成されます。これは、上昇トレンドの開始を示唆します。
売りシグナル: Cycle Momentumがゼロラインを下回るときに生成されます。これは、下降トレンドの開始を示唆します。
視覚的表示:
シグナルが発生した際に、緑色のラベル（買いシグナル）や赤色のラベル（売りシグナル）がチャート上に表示されます。また、シグナルの発生位置に帯状の線を描画することで、視覚的に確認しやすくしています。
利用方法
エントリー: 買いシグナルが発生したらロングポジションを取り、売りシグナルが発生したらショートポジションを取ることができます。
トレンドの確認: VWAPが現在の価格の基準となるため、VWAPを価格が上回る場合は強気、下回る場合は弱気のトレンドと見なすことができます。
注意点
バックテスト: この戦略を実際に取引に適用する前に、過去のデータでバックテストを行い、パフォーマンスを確認することが重要です。
Custom Shading & Levels (Time Only)Shad specific time and levels to work on
if you find it useful for your trading make small donation to help me out
my paypal:
abeddousoufiane@icloud.com
DM_VolumeThis indicator is useful to find sudden volume spike at the time of trend kick start. Use this in conjunction with RSI.
Dual Moving Averages with Buy/Sell Labels //@version=5
indicator("Dual Moving Averages with Buy/Sell Labels", overlay=true)
// User-defined input for moving average periods
shortPeriod = input.int(50, minval=1, title="Short Moving Average Period")
longPeriod = input.int(200, minval=1, title="Long Moving Average Period")
// Calculating the moving averages
shortMA = ta.sma(close, shortPeriod)
longMA = ta.sma(close, longPeriod)
// Plotting the moving averages
plot(shortMA, color=color.blue, title="Short Moving Average")
plot(longMA, color=color.red, title="Long Moving Average")
// Identifying crossovers
buySignal = ta.crossover(shortMA, longMA)
sellSignal = ta.crossunder(shortMA, longMA)
// Plotting buy and sell labels
plotshape(series=buySignal, location=location.belowbar, color=color.green, style=shape.labelup, text="BUY")
plotshape(series=sellSignal, location=location.abovebar, color=color.red, style=shape.labeldown, text="SELL")
// Optional: Adding alert conditions
alertcondition(buySignal, title="Buy Alert", message="Buy signal: Short MA crossed above Long MA")
alertcondition(sellSignal, title="Sell Alert", message="Sell signal: Short MA crossed below Long MA")
SIOVERSE CTC 5MIndicator: EMA 50 Candle Color & Signal
This indicator combines EMA 10 and EMA 50 to generate buy/sell signals and visually highlight market trends using candle colors.
Key Features:
Candle Coloring:
Candles turn green when the price is above the EMA 50.
Candles turn red when the price is below the EMA 50.
Buy/Sell Signals:
Buy Signal: Triggered when the price closes above EMA 10 High and above EMA 50.
Sell Signal: Triggered when the price closes below EMA 10 Low and below EMA 50.
EMA 50 Line:
The EMA 50 is plotted as an orange line for trend confirmation.
Alerts:
Alerts are generated for buy and sell signals.
How It Works:
The indicator uses EMA 10 Low and EMA 10 High for signal generation but does not display them on the chart.
The EMA 50 acts as a trend filter:
Only buy signals are shown when the price is above the EMA 50.
Only sell signals are shown when the price is below the EMA 50.
Visuals:
Green candles indicate bullish conditions (price above EMA 50).
Red candles indicate bearish conditions (price below EMA 50).
Buy/sell signals are marked with labels ("BUY" or "SELL") on the chart.
[NAT] Trend Levels 2The Trend Levels indicator is designed to identify key trend levels (High, Mid, and Low) during market trends, based on real-time calculations of highest, lowest, and mid-level values over a customizable length. Additionally, the indicator calculates trend strength by measuring the ratio of candles closing above or below the midline, providing a clear view of the ongoing trend dynamics and strength.
◆ KEY FEATURES AND HOW TO USE
✦ Trend Shift Signals:
Trend shifts, based on highest and lowest values during input length. When high is == to highest it will change trend to up when low == lowest value it will be shift to down trend.
200MA x3 Investor Tool with Undervaluation LineThis indicator gives a very simple 200 period moving average along with a 3x overvalued line and a -2x undervalued line. These lines have been good predictors of times where crypto will retrace back to its mean.
RISK YGR ICT 📌 Descripción del Script - "Risk"
Este indicador te permite calcular el riesgo y beneficio de una operación en función de los parámetros ingresados, mostrando los valores en un panel en la esquina inferior derecha de la pantalla. Es ideal para gestionar el riesgo y planificar operaciones en función del tamaño de la cuenta y la relación riesgo/beneficio (RR).
🛠️ Funcionalidades
✔️ Cálculo automático del Stop Loss, Take Profit y relación RR.
✔️ Personalización de parámetros como el capital total, tipo de contrato (Mini/Micro) y compañía de fondeo.
✔️ Gestión de contratos basada en el capital disponible y riesgo asumido.
✔️ Diseño profesional con una tabla organizada y colores diferenciados (negro/gris).
✔️ Compatible con TradingView, sin necesidad de modificar el código.
📊 Parámetros Incluidos
Precio de Entrada: Nivel al que se planea abrir la operación.
Stop Loss: Nivel de pérdida máxima aceptada.
Take Profit: Nivel de ganancia objetivo.
Capital Total: Monto total de la cuenta.
Riesgo %: Porcentaje de capital arriesgado por operación.
Tipo de Contrato: Elección entre Mini o Micro contratos.
Compañía de Fondeo: Nombre de la empresa de fondeo utilizada.
📌 Cálculos
Cantidad de contratos posibles según el riesgo definido.
Stop Loss y Take Profit expresados en dólares.
Relación Riesgo/Beneficio (RR) para evaluar la viabilidad de la operación.
Ganancia Total si el TP es alcanzado.
📍 Ubicación en el gráfico
📌 La tabla se muestra en la esquina inferior derecha de la pantalla, con un fondo negro en la columna izquierda y gris en la derecha para una mejor visualización.
🚀 Cómo Usarlo
1️⃣ Configura tus valores en los inputs del script.
2️⃣ Verifica el cálculo de contratos, Stop Loss y Take Profit.
3️⃣ Evalúa la relación Riesgo/Beneficio antes de ejecutar la operación.
4️⃣ Usa los datos para tomar mejores decisiones de trading.
🔥 Este indicador es perfecto para traders que buscan controlar su riesgo de forma efectiva y operar de manera profesional. 🚀
Arbitrage SpreadThis indicator was originally published by I_Leo_I
The moving average was modified from EMA to SMA. EMA responds more quickly to recent price changes. It captures short price movements. If you are a day trader or using quick scalping strategies, the EMA tends to be more effective as it provides faster signals.
This indicator helps to find spreads between cryptocurrencies, assess their correlation, spread, z score and atr z score.
The graphs are plotted as a percentage. Because of the limitation in pine tradingview for 5000 bars a period was introduced (after which a new starting point of the graph construction will be started), if you want it can be disabled
The multiplier parameter affects only the construction of the joint diagram on which z score and atr z score are calculated (construction of the diagram is done by dividing one pair by another and multiplying by the multiplier parameter) is shown with a red line
To create a notification you have to specify the data for parameters other than zero which you want to monitor. For parameters z score and atr z score data are counted in both directions
The data can be tracked via the data window
Link to image of the data window prnt.sc/93fKELKSQOhB
Market Session Timeframe Highlighted Underlay [algorexin]Show global market sessions as underlaid highlighted channels
Settings/Preferences
- configure the color per market session
EMA ON/OFF labels {By McAi}EMA ON/OFF Labels {By McAi}
This EMA ON/OFF Labels script provides a set of customizable Exponential Moving Averages (EMAs) to help traders analyze trends effectively.
Features:
✅ Adjustable EMA Lengths – Modify the length of each EMA to fit your trading strategy.
✅ Customizable Visibility – Hide or show individual EMAs to keep your chart clean and focused.
✅ Dynamic Labeling – Enable or disable EMA labels for a quick overview of their positions.
✅ Custom Colors:
Blue: EMA 20
Orange: EMA 50
Yellow: EMA 200
Gray: Other EMAs
This EMA ON/OFF Labels {By McAi} script is perfect for traders who want flexibility in their moving average setup while maintaining a clean and organized chart.
Datos - BigBang by Arturo ArguellesIndicador para colocar datos y marca de agua, así como visualizar la información del activo y su temporalidad
Sígueme en redes: @fxarturo_bigbang
