Ichimoku MTF HeatmapGreat for flying down you watchlist, getting an idea what time frame to go to. Enjoy!
Indicadores e estratégias
Price Volume Heatmap [MHA Finverse]Price Volume Heatmap - Advanced Volume Profile Analysis
Unlock the power of institutional-level volume analysis with the Price Volume Heatmap indicator. This sophisticated tool visualizes market structure through volume distribution across price levels, helping you identify key support/resistance zones, high-probability reversal areas, and optimal entry/exit points.
🎯 What Makes This Indicator Unique?
Unlike traditional volume indicators that only show volume over time, this heatmap displays volume distribution across price levels , revealing where the most significant trading activity occurred. The gradient coloring system instantly highlights high-volume nodes (areas of strong interest) and low-volume nodes (potential breakout zones).
📊 Core Features
1. Dynamic Volume Heatmap
- Visualizes volume concentration across 250 customizable price levels
- Gradient color scheme from high volume (white) to low volume (teal/green)
- Adjustable brightness multiplier for enhanced contrast and clarity
- Real-time updates as market conditions evolve
2. Point of Control (POC)
- Automatically identifies the price level with the highest traded volume
- Acts as a magnetic price level where markets often return
- Critical for identifying fair value areas and potential reversal zones
- Customizable line style, width, and color
3. Flexible Lookback Settings
- Lookback Bars: Set any value from 1-5000 bars to control analysis depth
- Visible Range Mode: Analyze only what's currently visible on your chart
- Timeframe-Specific Settings: Different lookback periods for 1m, 5m, 15m, 30m, 1h, Daily, and Weekly charts
- Adapts to your trading style - scalping to position trading
4. Session Separation Analysis
- Tokyo Session: 00:00-09:00 UTC
- London Session: 07:00-16:00 UTC
- New York Session: 13:00-22:00 UTC
- Sydney Session: 21:00-06:00 UTC
- Daily Reset: Analyze each trading day independently
Session separation allows you to understand volume distribution specific to each major trading session, revealing institutional order flow patterns and session-specific support/resistance levels.
5. Profile Width Options
- Dynamic: Profile width adjusts based on lookback period
- Fixed Bars: Set a specific bar count for consistent profile width
- Extend Forward: Project the profile into future bars for planning trades
6. Smart Alerts
- POC crossover/crossunder alerts
- New session start notifications
- Never miss critical price action at high-volume nodes
📈 How to Use This Indicator Professionally
Understanding Market Structure:
High Volume Nodes (HVN):
- Appear as bright/white areas in the heatmap
- Represent price levels where significant trading occurred
- Act as strong support/resistance zones
- Markets often consolidate or bounce from these levels
- Trading Strategy: Look for entries when price tests HVN areas with confluence from other indicators
Low Volume Nodes (LVN):
- Appear as darker/teal areas in the heatmap
- Represent price levels with minimal trading activity
- Price tends to move quickly through these areas
- Often form "gaps" in the volume profile
- Trading Strategy: Expect rapid price movement through LVN zones; avoid placing stop losses here
Point of Control (POC):
- The single most important price level in your analysis window
- Represents the fairest price where maximum volume traded
- Price gravitates toward POC like a magnet
- Trading Strategy:
* When price is above POC: bullish bias, POC acts as support
* When price is below POC: bearish bias, POC acts as resistance
* POC breaks often lead to significant trend changes
Session-Based Analysis:
Use session separation to understand how different market participants trade:
Asian Session (Tokyo/Sydney):
- Typically lower volatility and range-bound
- Volume profiles often show tight, balanced distribution
- Use for identifying overnight ranges and gap fill zones
London Session:
- Highest volume session for forex pairs
- Often shows strong directional bias
- Look for breakouts from Asian ranges during London open
New York Session:
- Maximum participation when overlapping with London
- Institutional order flow most visible
- POC during NY session often becomes key level for following sessions
🎯 Practical Trading Applications
1. Identifying Support & Resistance:
High volume nodes from the heatmap are far more reliable than traditional swing highs/lows. When price approaches an HVN, expect reaction - either a bounce or a significant breakout if breached.
2. Trend Confirmation:
- Healthy uptrend: POC rising over time, HVN forming at higher levels
- Healthy downtrend: POC falling over time, HVN forming at lower levels
- Consolidation: POC relatively flat, volume balanced across range
3. Breakout Trading:
When price breaks through a Low Volume Node with momentum, it often continues to the next High Volume Node. Use LVN areas as measured move targets.
4. Reversal Zones:
Multiple HVN stacking on top of each other creates a "volume shelf" - an extremely strong support/resistance zone where reversals are highly probable.
5. Risk Management:
- Place stops beyond HVN areas (not within LVN zones)
- Size positions based on distance to nearest HVN
- Use POC as trailing stop level in trending markets
⚙️ Recommended Settings
For Day Trading (Scalping/Intraday):
- Lookback: 200-500 bars
- Rows: 200-250
- Enable session separation for your primary trading session
- Profile Width: Dynamic or Fixed Bars (30-50)
For Swing Trading:
- Lookback: 500-1000 bars
- Rows: 250
- Session separation: Daily Reset
- Profile Width: Dynamic
For Position Trading:
- Lookback: 1000-3000 bars
- Rows: 250
- Use timeframe-specific settings
- Profile Width: Extend Forward (20-50 bars)
💡 Pro Tips
1. Combine this indicator with price action analysis - volume confirms what price is telling you
2. Watch for POC convergence with other technical levels (fibonacci, pivot points, moving averages)
3. Volume at extremes (tops/bottoms of heatmap) often indicates exhaustion
4. Session POC from previous sessions often acts as magnet for current session
5. Increase brightness multiplier (1.5-2.5) for clearer visualization on busy charts
6. Use "Number of Sessions to Display" to analyze consistency of volume levels across multiple sessions
🎨 Customization
Fully customizable visual appearance:
- Gradient colors for volume visualization
- POC line thickness, color, and style
- Session line colors and visibility
- All settings organized in intuitive groups
⚠️ Disclaimer
This indicator is a technical analysis tool and should not be used as the sole basis for trading decisions. Always combine volume analysis with proper risk management, fundamental analysis, and other technical indicators. Past performance does not guarantee future results.
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Support & Updates
Regular updates and improvements are made to enhance functionality. For questions, suggestions, or bug reports, please use the comments section below.
Happy Trading! 📊💹
Pair Correlation Master [Macro]The Main Idea
Trading represents a constant battle between Systemic Flows (the whole market moving together) and Idiosyncratic Moves (one specific asset moving on its own).
This tool allows you to monitor a "basket" of 4 assets simultaneously (e.g., the major USD pairs). It answers the most important question in forex and multi-asset trading: "Is this move happening because the Dollar is weak, or because the Euro is strong?"
It separates the "Signal" (the unique move) from the "Noise" (the herd movement).
1. The Chart Lines: The "Race" (Macro Trend)
Think of the lines on your chart as a long-distance race. They visualize the performance of all 4 assets over the last 200 candles (adjustable).
- Bunched Together: If all lines are moving in the same direction, the market is highly correlated. (e.g., "The Dollar is selling off everywhere").
- Fanning Out: If the lines are spreading apart, specific currencies are outperforming others.
- The Zero Line: This is the starting line.
--- Above 0: The pair is in a macro uptrend.
--- Below 0: The pair is in a macro downtrend.
2. The Dashboard: The "Health Check" (Micro Data)
The table in the top right gives you the immediate statistics for right now.
- A. The Z-Score (The Rubber Band)
This measures how "stretched" price is compared to its normal behavior.
- White (< 2.0): Normal trading activity.
- Orange (> 2.0): The price is stretching. Warning sign.
- Red (> 3.0): Critical Stretch. The rubber band is pulled to its limit. Statistically, a pullback or pause is highly likely.
B. The Star (★)
The script automatically calculates the average behavior of your group. If one asset is behaving completely differently from the rest, it marks it with a Star (★).
- Example: EURUSD, GBPUSD, and NZDUSD are flat, but AUDUSD is rallying hard. AUDUSD gets the ★. This is where the unique opportunity lies.
🎯 Best Uses: 4H & Daily Timeframes
This indicator is tuned for "Macro" analysis. It works best on the "4-Hour" and "Daily" charts to filter out intraday noise and capture swing trading moves.
- Strategy 1: The "Rubber Band" Snap (Mean Reversion)
- Setup: Look for a Z-Score in the RED (> 3.0) on the Daily timeframe.
- Action: This indicates an unsustainable move. Look for reversals or exhaustion patterns to trade against the trend back toward the mean.
- Strategy 2: The "Lone Wolf" (Trend Following)
- Setup: Look for the asset with the Star (★).
- Action: If the whole basket is flat (Balanced), but the Star asset is breaking out, that creates a high-quality trend trade because that specific currency has its own catalyst (News/Earnings).
- Strategy 3: Systemic Flows (Basket Trading)
- Setup: The dashboard footer says "⚠️ SYSTEMIC MOVE."
- Action: This means everything is moving together (e.g., a massive USD crash). Don't look for unique setups; just join the trend on the strongest pair.
Dashboard Footer Key
The bottom of the table summarizes the current state of the market for you:
- Balanced / Rangebound: The market is quiet. Good for range trading.
- Focus: : Trade this specific pair. It is moving independently.
- Systemic Move: The whole basket is moving violently. Trade the momentum.
p.s. Suggestion - apply and use on the chart rather than an oscillator.
World Markets Table
🌍 World Markets Session Table - Track Global Exchanges in Real-Time
Monitor 10 major stock exchanges worldwide with live market status, countdown timers, and customizable themes. Perfect for multi-market traders, global portfolio managers, and anyone trading across time zones.
✨ Key Features
10 Global Exchanges Tracked:
🇺🇸 NYSE & NASDAQ (New York)
🇨🇳 Shanghai Stock Exchange
🇯🇵 Tokyo Stock Exchange
🇭🇰 Hong Kong Stock Exchange
🇬🇧 London Stock Exchange
🇪🇺 Euronext
🇩🇪 Frankfurt (Xetra)
🇨🇦 Toronto Stock Exchange
🇦🇺 Australian Securities Exchange
Real-Time Market Intelligence:
✅ Live OPEN/CLOSED status with colored indicators
⏱️ Countdown timers to market open/close
🗓️ Automatic weekday/weekend detection
🕒 Optional seconds display for precision timing
🎯 Visual status badges (green for open, red for closed)
Full Customization:
📍 6 table positions (top/bottom × left/center/right)
📏 4 size options (tiny, small, normal, large)
🎨 4 professional themes: Dark, Light, Neon, Ocean
🚩 Toggle country flags on/off
💼 Clean, professional table layout
🎨 Professional Themes
Dark Theme: Sleek charcoal design for night trading
Light Theme: Bright, clean interface for daylight charts
Neon Theme: Vibrant cyberpunk aesthetic with electric colors
Ocean Theme: Calming blue palette for focused analysis
💡 Perfect For
Multi-market traders monitoring global sessions simultaneously
Identifying optimal trading windows across time zones
Planning entries/exits around market opens and closes
Portfolio managers tracking international markets
Forex, indices, and commodities traders
Pre-market and after-hours trading planning
⚙️ How It Works
All market times are calculated in UTC and automatically adjust to your local timezone. The indicator overlays your chart without interfering with price action or technical analysis. Simply add it to any chart, customize the appearance, and stay informed about global market hours.
📊 Usage Tips
Place the table in a non-intrusive position to maintain chart clarity
Use countdown timers to prepare for volatility at market open/close
Match the theme to your chart colors for a cohesive workspace
Enable seconds display when precision timing matters most
Note: This is a display-only indicator showing market hours. It does not generate trading signals or plot price data.
boomboamindian indiator used for analysis of market used to know entry and exit points in all markets
CharisTrend Indicatorthis trading indicator uses the following parameters EMA LOW (25 34 89 110 355 and 480) SMA(14 and 28) and Supertrend(14 3) for trading analysis and BUY/SELL Signals when the trade aligns.
VWAP 1SD 2SD yasurferThis custom intraday indicator is designed to provide a detailed understanding of market equilibrium, volatility expansion, and trend structure by combining Session VWAP, Standard Deviation bands, and multi-timeframe EMAs. The script calculates cumulative volume-weighted price data throughout the trading day and automatically resets at the start of each new session. This ensures that the Session VWAP reflects only current-day trading activity, making it highly relevant for scalpers, day traders, and intraday swing setups.
The ±2 Standard Deviation bands illustrate where price is statistically stretched. These zones often act as areas of exhaustion, liquidity grabs, or potential momentum continuation points. By tracking variance around VWAP, the indicator helps traders quickly identify whether price is trading within a normal distribution or pushing into extreme territory.
A dynamic label displays the real-time percentage distance from VWAP, allowing traders to assess how far price has deviated from fair value. This is particularly useful for identifying overextended moves, mean-reversion opportunities, or breakout conditions.
The addition of EMA 50, EMA 200, and EMA 325 provides structural trend context—helping traders evaluate higher-timeframe alignment and potential confluence with VWAP levels. Overall, this indicator enhances clarity, timing, and decision-making by blending statistical tools with traditional trend analysis.
Smart Christmas Tree Overlay with Live Market StatusGet into the holiday spirit while you trade! 🎅📈
This script adds a festive, animated Christmas tree overlay to your chart that reacts to live market conditions in real-time. It is designed with a "Slim Fit" ratio to minimize screen real estate while maximizing the holiday vibe.
Key Features:
🎄 Trend-Reactive Lighting:
Bullish (Up): The tree lights sparkle in Green tones, and a special Blue Diamond (🔷) shines to indicate upward momentum.
Bearish (Down): The tree lights turn Red, and a Red Diamond (♦️) blinks to warn of downward movement.
✨ Real-Time Animation: The lights and star blink dynamically based on price updates, making the chart feel alive.
📊 Mini Market HUD: Displays the current Ticker, Last Price, Price Change, and Change % neatly below the tree.
📐 Fully Customizable: You can easily change the tree's Position (Corners/Middle) and Size (Small to Large) via the settings menu.
🖼️ "Always On" Overlay: Uses the TradingView table function to stay fixed on your screen, regardless of zoom or scroll.
How to use: Simply add it to your chart, select your preferred corner in the settings, and enjoy the show!
Happy Holidays and Profitable Trading! 🎁
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트레이딩을 하면서 연말 분위기를 느껴보세요! 🎅📈
이 스크립트는 실시간 시장 상황에 반응하는 애니메이션 크리스마스 트리 오버레이를 차트에 추가합니다. 화면 공간을 최소한으로 차지하도록 "슬림 핏" 비율로 디자인되었습니다.
주요 기능:
🎄 추세 반응형 조명:
상승장 (Bullish): 트리 조명이 녹색 톤으로 반짝이며, 상승 모멘텀을 나타내는 특별한 **파란색 다이아몬드(🔷)**가 빛납니다.
하락장 (Bearish): 트리 조명이 빨간색으로 변하고, **빨간색 다이아몬드(♦️)**가 깜빡이며 하락을 경고합니다.
✨ 실시간 애니메이션: 가격 업데이트에 따라 조명과 별이 역동적으로 깜빡여 차트에 생동감을 줍니다.
📊 미니 시세판 (HUD): 트리 바로 아래에 현재 종목명, 현재가, 가격 변동폭, 변동률(%)을 깔끔하게 표시합니다.
📐 완벽한 커스터마이징: 설정 메뉴를 통해 트리의 위치(모서리/중간)와 크기(작게~크게)를 쉽게 변경할 수 있습니다.
🖼️ "Always On" 오버레이: TradingView의 table 기능을 사용하여 줌이나 스크롤에 관계없이 화면에 고정됩니다.
사용 방법: 차트에 추가하고 설정에서 원하는 위치를 선택하기만 하면 됩니다!
행복한 연말 보내시고 성투하세요! 🎁
양키트레이더 from PropKorea.com
5min ORB - HenryJ5min ORB, for ICT trading
Strategy Implementation: The main goal is to identify and visually mark the trading range established during the first 5 minutes of the regular trading session.
Time Definition: It measures the Highest High and Lowest Low recorded from the session open (minute 0) up to the close of the 5th minute.
Visual Marking: It draws two distinct horizontal line segments on the chart:
One line marks the High of the 5-minute Opening Range.
One line marks the Low of the 5-minute Opening Range.
Drawing Window: The lines are intentionally drawn starting from the 6th minute (after the range is fully established) and extend up to the 60th minute of the trading session. This ensures the lines are available to guide trades for the first hour after the opening volatility subsides.
Labeling: It includes a "5min ORB" text label placed near the high line, clearly identifying the range.
BY Henry J
HARRISH DADE//@version=5
strategy("Nifty 15m ORB + 20 EMA + Volume - Signals Fixed", overlay=true,
initial_capital=100000, default_qty_type=strategy.percent_of_equity, default_qty_value=25,
process_orders_on_close=true)
// 15-minute timeframe check
if timeframe.period != "15"
runtime.error("Use this strategy on 15 minute timeframe only")
// ORB 9:15–9:30 High/Low
var float orbHigh = na
var float orbLow = na
newDay = ta.change(time("D")) != 0
if newDay
orbHigh := na
orbLow := na
sessStart = 0915
sessEnd = 0930
hhmm = hour * 100 + minute
inORB = hhmm >= sessStart and hhmm < sessEnd
if inORB
orbHigh := na(orbHigh) ? high : math.max(orbHigh, high)
orbLow := na(orbLow) ? low : math.min(orbLow, low)
// Plot ORB levels
plot(orbHigh, "ORB High", color=color.new(color.green, 0), linewidth=2)
plot(orbLow, "ORB Low", color=color.new(color.red, 0), linewidth=2)
// Trend filter - 20 EMA
emaLen = input.int(20, "EMA Length", minval=1)
ema20 = ta.ema(close, emaLen)
upTrend = close > ema20
dnTrend = close < ema20
plot(ema20, "EMA 20", color=color.orange, linewidth=2)
// Volume filter - Adaptive
volLen = input.int(20, "Volume MA Length", minval=1)
avgVol = ta.sma(volume, volLen)
volMult = input.float(1.5, "Volume Multiplier", step=0.1)
enoughVol = volume >= (avgVol * volMult)
// ORB complete check
orbLocked = not na(orbHigh) and not na(orbLow) and not inORB
// Entry conditions (for strategy)
longCond = orbLocked and ta.crossover(close, orbHigh) and upTrend and enoughVol
shortCond = orbLocked and ta.crossunder(close, orbLow) and dnTrend and enoughVol
// Risk Management
targetPts = input.float(40.0, "Target Points", step=1.0)
slPts = input.float(25.0, "Stoploss Points", step=1.0)
// STRATEGY ENTRIES
if longCond and strategy.position_size == 0
strategy.entry("LONG", strategy.long)
if shortCond and strategy.position_size == 0
strategy.entry("SHORT", strategy.short)
// STRATEGY EXITS
if strategy.position_size > 0
strategy.exit("LONG EXIT", from_entry="LONG",
limit=strategy.position_avg_price + targetPts,
stop=strategy.position_avg_price - slPts)
if strategy.position_size < 0
strategy.exit("SHORT EXIT", from_entry="SHORT",
limit=strategy.position_avg_price - targetPts,
stop=strategy.position_avg_price + slPts)
// **FIXED BUY/SELL SIGNALS** - No barstate.isconfirmed, direct conditions
plotshape(longCond, title="BUY", style=shape.triangleup, location=location.belowbar,
color=color.new(color.lime, 0), size=size.large, text="BUY", textcolor=color.white)
plotshape(shortCond, title="SELL", style=shape.triangledown, location=location.abovebar,
color=color.new(color.red, 0), size=size.large, text="SELL", textcolor=color.white)
// Debug table - shows if conditions met
if barstate.islast
var table debugTable = table.new(position.top_right, 2, 6, bgcolor=color.white, border_width=1)
table.cell(debugTable, 0, 0, "Condition", text_color=color.black, bgcolor=color.gray)
table.cell(debugTable, 1, 0, "Status", text_color=color.black, bgcolor=color.gray)
table.cell(debugTable, 0, 1, "ORB Locked", text_color=color.black)
table.cell(debugTable, 1, 1, str.tostring(orbLocked), text_color=orbLocked ? color.green : color.red)
table.cell(debugTable, 0, 2, "UpTrend", text_color=color.black)
table.cell(debugTable, 1, 2, str.tostring(upTrend), text_color=upTrend ? color.green : color.red)
table.cell(debugTable, 0, 3, "Enough Vol", text_color=color.black)
table.cell(debugTable, 1, 3, str.tostring(enoughVol), text_color=enoughVol ? color.green : color.red)
BigCandleAndRSIAlertChanges Candle Color to your choosing for Big Candles or Big Wick Candles or Over Bought/Oversold RSI Levels.
Hash Pivot DetectorHash Pivot Detector
Professional Support & Resistance Detection with Multi-Timeframe Zone Analysis
Developed by Hash Capital Research, the Hash Pivot Detector is a sophisticated indicator designed for identifying key support and resistance levels using pivot-based detection with institutional-grade zone analysis.
Key Features
Zone-Based Detection
Unlike traditional single-line S/R indicators, Hash Pivot Detector uses configurable zones around pivot levels to represent realistic institutional order areas. Adjustable zone width accommodates different asset volatilities.
Multi-Timeframe Analysis
Displays higher timeframe support/resistance levels alongside current timeframe pivots, providing crucial context for institutional positioning and stronger price barriers.
Clean Visual Design
Features Hash Capital's signature fluorescent color scheme (pink resistance, cyan support) optimized for dark charts with high contrast and instant visual recognition. Semi-transparent zones keep your chart clean and readable.
How It Works
The indicator uses pivot high/low detection with configurable left and right bar parameters. When a pivot is confirmed, it plots:
Primary support/resistance lines at pivot levels
Semi-transparent zones representing realistic order areas
Higher timeframe S/R levels as crosses for additional context
Recommended Settings
For Swing Trading:
Pivot Bars: 10-20 left/right
Zone Width: 0.5-1.0%
HTF: Daily (on 1H-4H charts)
For Intraday Trading:
Pivot Bars: 5-10 left/right
Zone Width: 0.3-0.5%
HTF: 1H or 4H (on 5min-15min charts)
Asset-Specific Zone Width:
Forex/Crypto: 0.3-0.5%
Stocks: 0.5-1.0%
Volatile Assets: 1.0-2.0%
What Makes It Different
✓ Zone-based approach (more realistic than lines)
✓ Multi-timeframe confluence detection
✓ Minimal visual clutter with maximum information
✓ Professional institutional aesthetic
✓ Comprehensive tooltips for easy optimization
✓ No repainting - all pivots are confirmed
Best Used For
Identifying high-probability entry/exit zones
Setting stop-loss and take-profit levels
Recognizing breakout/breakdown areas
Multi-timeframe confluence analysis
Swing trading and position trading
Intraday scalping with adjusted parameters
Notes
Works on all timeframes and markets
Fully customizable colors and parameters
All settings include detailed optimization guidance
Clean code, efficient performance
No alerts or notifications (visual analysis only)
MTF Trend Dashboard (PSAR, SuperTrend, 200EMA, 9/30 EMA)This script is a multi–timeframe trend dashboard designed to quickly show the market bias across several timeframes in one place.
It does not generate buy/sell signals – it is a visual decision tool to support your own strategy.
What it shows
For up to 5 selectable timeframes, the table displays:
Parabolic SAR – whether PSAR is below (bullish) or above (bearish) the candle.
Supertrend – whether the Supertrend line is below or above the price.
200 EMA status – whether price is trading above (bullish trend) or below (bearish trend) the 200 EMA.
9 / 30 EMA crossover – whether 9 EMA is above (bullish) or below (bearish) the 30 EMA.
Green cells represent bullish conditions, red cells represent bearish conditions.
How to use
Quickly check higher–timeframe trend alignment before entering trades.
Use it as a trend filter for scalping or intraday entries on lower timeframes.
Combine with your own price action / SMC / support–resistance rules for actual entries and exits.
RSI Profile [Kodexius]RSI Profile is an advanced technical indicator that turns the classic RSI into a distribution profile instead of a single oscillating line. Rather than only showing where the RSI is at the current bar, it displays where the RSI has spent most of its time or most of its volume over a user defined lookback period.
The script builds a histogram of RSI values between 0 and 100, splits that range into configurable bins, and then projects the result to the right side of the chart. This gives you a clear visual representation of the RSI structure, including the Point of Control (POC), the Value Area High (VAH), and the Value Area Low (VAL). The POC marks the RSI level with the highest activity, while VAH and VAL bracket the percentage based value area around it.
By combining standard RSI, a distribution profile, and value area logic, this tool lets you study RSI behavior statistically instead of only bar by bar. You can immediately see whether the current RSI reading is located inside the dominant zone, extended above it, or depressed below it, and whether the recent regime has been biased toward overbought, oversold, or neutral territory. This is particularly useful for swing traders, mean reversion systems, and anyone who wants to integrate RSI context into a more profile oriented workflow.
🔹 Features
1. RSI-Based Distribution Profile
-Builds a histogram of RSI values between 0 and 100.
-The RSI range is divided into a user-defined number of bins (e.g., 30 bins).
-Each bin represents a band of RSI values, such as 0–3.33, 3.33–6.66, ..., 96.66–100.
-For each bar in the lookback period, the script:
-Finds which bin the RSI value belongs to
Adds either:
-1.0 → if using time/frequency
-volume → if using volume-weighted RSI distribution
This creates a clear profile of where RSI has been concentrated over the chosen lookback window.
2. Time / Volume Weighting Mode
Under Profile Settings, you can choose:
-Weight by Volume = false
→ Profile is built using time spent at each RSI level (frequency).
-Weight by Volume = true
→ Profile is built using volume traded at each RSI level.
This flexibility allows you to decide whether you want:
-A pure momentum structure (time spent at each RSI)
-Or a participation-weighted structure (where higher-volume zones are emphasized)
3. Configurable Lookback & Resolution
-Profile Lookback: number of historical bars to analyze.
-Number of Bins: controls the resolution of the histogram:
Fewer bins → smoother, fewer gaps
More bins → more detail, but potentially more visual sparsity
-Profile Width (Bars): defines how wide the histogram extends into the future (visually), converted into time using average bar duration.
This provides a balance between performance, clarity, and visual density.
4. Value Area, POC, VAH, VAL
The script computes:
-POC (Point of Control)
→ The RSI bin with the highest total value (time or volume).
-Value Area (VA)
→ The range of RSI bins that contain a user-specified percentage of total activity (e.g., 70%).
-VAH & VAL
→ Upper and lower RSI boundaries of this Value Area.
These are then drawn as horizontal lines and labeled:
-POC line and label
-VAH line and label
-VAL line and label
This gives you a profile-style view similar to classical volume profile, but entirely on the RSI axis.
5. Color Coding & Visual Design
The histogram bars (boxes) are colored using a smart scheme:
-Below 30 RSI → Oversold zone, uses the Oversold Color (default: green).
-Above 70 RSI → Overbought zone, uses the Overbought Color (default: red).
-Between 30 and 70 RSI → Neutral zone, uses a gradient between:
A soft blue at lower mid levels
A soft orange at higher mid levels
Additional styling:
-POC bin is highlighted in bright yellow.
-Bins inside the Value Area → lower transparency (more solid).
-Bins outside the Value Area → higher transparency (faded).
This makes it easy to visually distinguish:
-Core RSI activity (VA)
-Extremes (oversold/overbought)
-The single dominant zone (POC)
🔹 Calculations
This section summarizes the core logic behind the script and highlights the main building blocks that power the profile.
1. Profile Structure and Bin Initialization
A custom Profile type groups together configuration, bins and drawing objects. During initialization, the script splits the 0 to 100 RSI range into evenly spaced bins, each represented by a Bin record:
method initBins(Profile p) =>
p.bins := array.new()
float step = 100.0 / p.binCount
for i = 0 to p.binCount - 1
float low = i * step
float high = (i + 1) * step
p.bins.push(Bin.new(low, high, 0.0, box(na)))
2. Filling the Profile Over the Lookback Window
On the last bar, the script clears previous drawings and walks backward through the selected lookback window. For each historical bar, it reads the RSI and volume series and feeds them into the profile:
if barstate.islast
myProfile.reset()
int start = math.max(0, bar_index - lookback)
int end = bar_index
for i = 0 to (end - start)
float r = rsi
float v = volume
if not na(r)
myProfile.add(r, v)
The add method converts each RSI value into a bin index and accumulates either a frequency count or the bar volume, depending on the chosen mode:
method add(Profile p, float rsiValue, float volumeValue) =>
int idx = int(rsiValue / (100.0 / p.binCount))
if idx >= p.binCount
idx := p.binCount - 1
if idx < 0
idx := 0
Bin targetBin = p.bins.get(idx)
float addedValue = p.useVolume ? volumeValue : 1.0
targetBin.value += addedValue
3. Finding POC and Building the Value Area
Inside the draw method, the script first scans all bins to determine the maximum value and the total sum. The bin with the highest value becomes the POC. The value area is then constructed by expanding from that center bin until the desired percentage of total activity is covered:
for in p.bins
totalVal += b.value
if b.value > maxVal
maxVal := b.value
pocIdx := i
float vaTarget = totalVal * (p.vaPercent / 100.0)
float currentVaVol = maxVal
int upIdx = pocIdx
int downIdx = pocIdx
while currentVaVol < vaTarget
float upVol = (upIdx < p.binCount - 1) ? p.bins.get(upIdx + 1).value : 0.0
float downVol = (downIdx > 0) ? p.bins.get(downIdx - 1).value : 0.0
if upVol == 0 and downVol == 0
break
if upVol >= downVol
upIdx += 1
currentVaVol += upVol
else
downIdx -= 1
currentVaVol += downVol
TMT EMA Bundle - Hitesh NimjeTMT EMA Bundle - Multi Timeframe EMA Indicator
Created by: Hitesh Nimje | Contact: 8087192915
Overview
The TMT EMA Bundle is a comprehensive multi-EMA indicator designed for traders who rely on multiple exponential moving averages for trend analysis and trading decisions. This powerful tool displays 10 essential EMAs on your chart, providing complete visibility of short, medium, and long-term trends.
Key Features
🔹 10 Essential EMAs Included:
• EMA 9 (Blue) - Ultra Short-term trend
• EMA 11 (Red) - Short-term momentum
• EMA 15 (Yellow) - Quick trend changes
• EMA 21 (Black) - Swing trading reference
• EMA 50 (Gray) - Medium-term bias
• EMA 51 (Orange) - Alternative medium-term
• EMA 55 (Brown) - Extended medium-term
• EMA 100 (Purple) - Long-term trend
• EMA 200 (Maroon) - Major support/resistance
• EMA 400 (Green) - Primary trend direction
🔹 Customizable Settings
• Source selection for each EMA (Open, High, Low, Close, HL2, HLC3, OHLC4)
• Independent length adjustment for each moving average
• Color-coded lines for easy identification
🔹 Professional Features
• Clean, overlay display on price charts
• Optimized performance with max limits set
• Compatible with all timeframes
• Works on all instruments (Forex, Stocks, Crypto, Commodities)
How to Use
1. Trend Identification: All EMAs aligned = Strong trend
2. Support/Resistance: EMAs act as dynamic support/resistance levels
3. Entry Signals: Price reactions at key EMAs
4. Trend Confirmation: EMA crossovers indicate potential trend changes
5. Risk Management: Use EMAs for stop-loss placement
Best Practices
• Use higher timeframes (1H, 4H, Daily) for clearer signals
• Combine with price action and volume analysis
• Watch for EMA clusters and divergences
• Consider trend strength by EMA separation
Perfect For
✓ Swing Traders
✓ Day Traders
✓ Trend Followers
✓ Scalpers (shorter timeframes)
✓ Position Traders
Technical Specifications
• Version: Pine Script v6
• Overlay: Yes
• Multi-timeframe compatible
• No repainting
• Lightweight and efficient
This indicator is part of the Thought Magic Trading collection, designed to provide professional-grade technical analysis tools for serious traders.
Happy Trading! 📈
TRADING DISCLAIMER
RISK WARNING
Trading involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources.
NO FINANCIAL ADVICE
This indicator is provided for educational and informational purposes only. It does not constitute:
* Financial advice or investment recommendations
* Buy/sell signals or trading signals
* Professional investment advice
* Legal, tax, or accounting guidance
LIMITATIONS AND DISCLAIMERS
Technical Analysis Limitations
* Pivot points are mathematical calculations based on historical price data
* No guarantee of accuracy of price levels or calculations
* Markets can and do behave irrationally for extended periods
* Past performance does not guarantee future results
* Technical analysis should be used in conjunction with fundamental analysis
Data and Calculation Disclaimers
* Calculations are based on available price data at the time of calculation
* Data quality and availability may affect accuracy
* Pivot levels may differ when calculated on different timeframes
* Gaps and irregular market conditions may cause level failures
* Extended hours trading may affect intraday pivot calculations
Market Risks
* Extreme market volatility can invalidate all technical levels
* News events, economic announcements, and market manipulation can cause gaps
* Liquidity issues may prevent execution at calculated levels
* Currency fluctuations, inflation, and interest rate changes affect all levels
* Black swan events and market crashes cannot be predicted by technical analysis
USER RESPONSIBILITIES
Due Diligence
* You are solely responsible for your trading decisions
* Conduct your own research before using this indicator
* Verify calculations with multiple sources before trading
* Consider multiple timeframes and confirm levels with other technical tools
* Never rely solely on one indicator for trading decisions
Risk Management
* Always use proper risk management and position sizing
* Set appropriate stop-losses for all positions
* Never risk more than you can afford to lose
* Consider the inherent risks of leverage and margin trading
* Diversify your portfolio and trading strategies
Professional Consultation
* Consult with qualified financial advisors before trading
* Consider your tax obligations and legal requirements
* Understand the regulations in your jurisdiction
* Seek professional advice for complex trading strategies
LIMITATION OF LIABILITY
Indemnification
The creator and distributor of this indicator shall not be liable for:
* Any trading losses, whether direct or indirect
* Inaccurate or delayed price data
* System failures or technical malfunctions
* Loss of data or profits
* Interruption of service or connectivity issues
No Warranty
This indicator is provided "as is" without warranties of any kind:
* No guarantee of accuracy or completeness
* No warranty of uninterrupted or error-free operation
* No warranty of merchantability or fitness for a particular purpose
* The software may contain bugs or errors
Maximum Liability
In no event shall the liability exceed the purchase price (if any) paid for this indicator. This limitation applies regardless of the theory of liability, whether contract, tort, negligence, or otherwise.
REGULATORY COMPLIANCE
Jurisdiction-Specific Risks
* Regulations vary by country and region
* Some jurisdictions prohibit or restrict certain trading strategies
* Tax implications differ based on your location and trading frequency
* Commodity futures and options trading may have additional requirements
* Currency trading may be regulated differently than stock trading
Professional Trading
* If you are a professional trader, ensure compliance with all applicable regulations
* Adhere to fiduciary duties and best execution requirements
* Maintain required records and reporting
* Follow market abuse regulations and insider trading laws
TECHNICAL SPECIFICATIONS
Data Sources
* Calculations based on TradingView data feeds
* Data accuracy depends on broker and exchange reporting
* Historical data may be subject to adjustments and corrections
* Real-time data may have delays depending on data providers
Software Limitations
* Internet connectivity required for proper operation
* Software updates may change calculations or functionality
* TradingView platform dependencies may affect performance
* Third-party integrations may introduce additional risks
MONEY MANAGEMENT RECOMMENDATIONS
Conservative Approach
* Risk only 1-2% of capital per trade
* Use position sizing based on volatility
* Maintain adequate cash reserves
* Avoid over-leveraging accounts
Portfolio Management
* Diversify across multiple strategies
* Don't put all capital into one approach
* Regularly review and adjust trading strategies
* Maintain detailed trading records
FINAL LEGAL NOTICES
Acceptance of Terms
* By using this indicator, you acknowledge that you have read and understood this disclaimer
* You agree to assume all risks associated with trading
* You confirm that you are legally permitted to trade in your jurisdiction
Updates and Changes
* This disclaimer may be updated without notice
* Continued use constitutes acceptance of any changes
* It is your responsibility to stay informed of updates
Governing Law
* This disclaimer shall be governed by the laws of the jurisdiction where the indicator was created
* Any disputes shall be resolved in the appropriate courts
* Severability clause: If any part of this disclaimer is invalid, the remainder remains enforceable
REMEMBER: THERE ARE NO GUARANTEES IN TRADING. THE MAJORITY OF RETAIL TRADERS LOSE MONEY. TRADE AT YOUR OWN RISK.
Contact Information:
* Creator: Hitesh_Nimje
* Phone: Contact@8087192915
* Source: Thought Magic Trading
© HiteshNimje - All Rights Reserved
This disclaimer should be prominently displayed whenever the indicator is shared, sold, or distributed to ensure users are fully aware of the risks and limitations involved in trading.
Weekly Separator - JammalWeekly Separator - Jammal
This script draws a clean and minimal weekly separator for better chart structure and visual clarity.
Every time a new trading week begins, the script automatically places a vertical dotted gray line extending across the entire chart.
Features:
Automatic weekly detection
Clean dotted vertical line
Light gray color to avoid clutter
Works on all timeframes
Helps identify weekly structure & price flow
Designed for traders who want a simple, non-intrusive weekly separator.
Enjoy and happy trading!
Hull Moving Averages x 4Default Hull Lengths Included
The defaults are:
HMA 14
HMA 35
HMA 55
HMA 89
These are classic Fibonacci-style progression lengths, which work well for trend structure.
Range Lattice## RangeLattice
RangeLattice constructs a higher-timeframe scaffolding on any intraday chart, locking in structural highs/lows, mid/quarter grids, VWAP confluence, and live acceptance/break analytics. It provides a non-repainting overlay that turns range management into a disciplined process.
HOW IT WORKS
Structure Harvesting – Using request.security() , the script samples highs/lows from a user-selected timeframe (default 240 minutes) over a configurable lookback to establish the dominant range.
Grid Construction – Midpoint and quarter levels are derived mathematically, mirroring how institutional traders map distribution/accumulation zones.
Acceptance Detection – Consecutive closes inside the range flip an acceptance flag and darken the cloud, signaling balanced auction conditions.
Break Confirmation – Multi-bar closes outside the structure raise break labels and alerts, filtering the countless fake-outs that plague breakout traders.
VWAP Fan Overlay – Session VWAP plus ATR-based bands provide a live measure of flow centering relative to the lattice.
HOW TO USE IT
Range Plays : Fade taps of the outer rails only when acceptance is active and VWAP sits inside the grid—this is where mean-reversion works best.
Breakout Plays : Wait for confirmed break labels before entering expansion trades; the dashboard's Width/ATR metric tells you if the expansion has enough fuel.
Market Prep : Carry the same lattice from pre-market into regular trading hours by keeping the structure timeframe fixed; alerts keep you notified even when managing multiple tickers.
VISUAL FEATURES
Range Tap and Mid Pivot markers provide a tape-reading breadcrumb trail for journaling.
Cloud fill opacity tightens when acceptance persists, visually signaling balance compressions ready to break.
Dashboard displays absolute width, ATR-normalized width, and current state (Balanced vs Transitional) so you can glance across charts quickly.
Acceptance Flag toggle: Keep the repeated acceptance squares hidden until you need to audit balance.
PARAMETERS
Structure Timeframe (default: 240): Choose the timeframe whose ranges matter most (4H for indices, Daily for stocks).
Structure Lookback (default: 60): Bars sampled on the structure timeframe.
Acceptance Bars (default: 8): How many consecutive bars inside the range confirm balance.
Break Confirmation Bars (default: 3): Bars required outside the range to validate a breakout.
ATR Reference (default: 14): ATR period for width normalization.
Show Midpoint Grid (default: enabled): Display the midpoint and quarter levels.
Show Adaptive VWAP Fan (default: enabled): Toggle the VWAP channel for assets where volume distribution matters most.
Show Acceptance Flags (default: disabled): Turn the acceptance markers on/off for maximum visual control.
Show Range Dashboard (default: enabled): Disable if screen space is limited, re-enable during prep sessions.
ALERTS
The indicator includes five alert conditions:
Range High Tap: Price interacted with the RangeLattice high
Range Low Tap: Price interacted with the RangeLattice low
Range Mid Tap: Price interacted with the RangeLattice mid
Range Break Up: Confirmed upside breakout
Range Break Down: Confirmed downside breakout
Where it works best
This indicator works best on liquid instruments with clear structural levels. On very low timeframes (1-minute and below), the structure may update too frequently to be useful. The acceptance/break confirmation system requires patience—faster traders may find the multi-bar confirmation too slow for scalping. The VWAP fan is session-based and resets daily, which may not suit all trading styles.
BTC1W&2W StochRSI Cross up Cross downUpward Signals (Bottom of the Indicator):
Symbol Color Size Meaning
▲ (triangle up) Yellow tiny (1W) / small (2W) Momentum Up: K slope up & K < 40 (early bullish)
▲ (triangle up) Orange tiny (1W) / small (2W) Near Up: K within near distance & slope up (amber)
▲ (triangle up) Green tiny (1W) / small (2W) Cross Up: Confirmed bullish crossover
♦ (diamond) Blue large BOTH 1W & 2W bullish cross alignment (strong buy)
Downward Signals (Top of the Indicator):
Symbol Color Size Meaning
▼ (triangle down) Yellow tiny (1W) / small (2W) Momentum Down: K slope down & K > 60 (early bearish)
▼ (triangle down) Orange tiny (1W) / small (2W) Near Down: K within near distance & slope down (amber)
▼ (triangle down) Red tiny (1W) / small (2W) Cross Down: Confirmed bearish crossover
♦ (diamond) Red large BOTH 1W & 2W bearish cross alignment (strong sell)
Background Colors:
Green background — bullish states detected (either 1W or 2W bullish conditions)
Red background — bearish states detected (either 1W or 2W bearish conditions)
When you get:
Small green triangle (2W bullish cross)
Blue diamond (both 1W & 2W aligned)
Linda Raschke 5 SMA Reversal [LuciTech]How This Indicator Works:
-5 SMA Tracking: Calculates a 5-period simple moving average and plots it on the chart.
-Extension Counter: Counts consecutive bars where price closes above or below the 5 SMA.
-BUY Signals (Green Up Arrow): Triggers when price closes BELOW the 5 SMA after 7+ consecutive closes ABOVE it—indicates a reversal opportunity into dynamic support.
-SELL Signals (Red Down Arrow): Triggers when price closes ABOVE the 5 SMA after 7+ consecutive closes BELOW it—indicates a reversal bounce setup.
-No Repainting: Signals only plot on confirmed bar closes; no repainting issues.
Linda Raschke's Core Principles:
-Extended Run = Imbalance: When price stays above/below the 5 SMA for 7+ bars, it's a one-sided market; mean reversion is likely.
-First Cross = Trigger: The first close back across the SMA after an extension is the reversal signal, not every touch.
-No Setup? No Trade: Without a prior extension or "three-bar balance" filter, a 5 SMA tag is noise. The model requires the prior momentum condition.
-Uptrend Buys: In uptrends, buy dips to the SMA (dynamic support) as long as the weekly/monthly trend is intact.
-Downtrend Fades: In downtrends, treat first rallies above the SMA as bounce fades into lower lows (especially after 14+ bars below).
Aydan ScalperBy when EMA 8 cross EMA 21 from Below to Abouve and SELL when EMA 21 cross EMA 8 from Abouve to Belove






















