AshishBediSPLThis tool, called "AshishBediSPL," is a special indicator for traders using TradingView. Its main purpose is to help you track and trade the combined price of a Call and a Put option at the same strike price, a strategy known as a Short Straddle.
What It Does:
Tracks Straddle Prices: You can select a specific Indian index or a stock like Reliance, choose a strike price and expiry date, and the indicator will show you the combined price of that Call and Put option as a single line on your chart.
Calculates Everything for You: You don't need to manually add the prices. The indicator automatically does the math to show you the total premium of the straddle.
Adds Trading Signals: You can turn on various popular trading tools (like VWAP, EMA, Supertrend, etc.). The indicator will then use these tools to automatically show "Buy" and "Sell" signals directly on the chart, helping you decide when to enter or exit a trade.
Customizable: You can choose which trading tools you want to use and adjust their settings to fit your personal trading style.
What is it Used For?
This indicator is specifically for traders who:
Trade a Short Straddle: This is a neutral options strategy where you expect the market to stay in a small range. The indicator helps you monitor the total premium you've collected.
Want to Simplify Analysis: Instead of looking at a Call chart and a Put chart separately, this tool combines them into one easy-to-read chart.
Use Technical Analysis: It helps you apply standard technical indicators directly to the combined premium price, giving you clear signals for your straddle trades.
Pine utilities
Normalized Fibonacci Retracement (MTF/LOG)A question: Instead of creating indicators that constantly plot Fibonacci Retracement levels in a visually overwhelming way, why don't we redefine them on a different scale? 🤨
Overview
The Normalized Fibonacci Retracement indicator converts price data to a 0-100 scale based on the selected timeframe's high-low range, displaying normalized candlesticks alongside standard Fibonacci levels (23.6%, 38.2%, 50%, 61.8%, 78.6%). This normalization reveals patterns that may be hidden in absolute price charts and allows consistent analysis across different instruments.
Originality
By normalizing prices to percentages, this indicator enables pattern recognition independent of absolute price levels. The same formation at $10-$20 and $1000-$2000 appears identical on the normalized scale, helping traders identify recurring structures across various assets and timeframes.
Concepts
The indicator uses a simple formula to transform price data into percentages. This creates a bounded scale where patterns become comparable regardless of the underlying asset's price range. The normalized view often reveals symmetries and relationships not visible in traditional price charts.
Mechanics
The system tracks highs and lows within the selected timeframe as anchor points. When a new period begins, fresh boundaries are established and prices recalculated. Trend direction is determined by timing of extremes. Linear scaling uses direct percentage calculation, while logarithmic scaling applies exponential interpolation for assets with large percentage moves.
Functions
Timeframe Selection: Higher timeframe analysis on any chart resolution
Normalized Display: OHLC data converted to 0-100 percentage scale
Fibonacci Levels: Standard retracement levels plotted automatically
Scaling Options: Linear or logarithmic calculation methods
Pattern Recognition: Reveals formations hidden in absolute price charts
Moving Average: Optional 20-period SMA overlay
Notes
Ensure chart data covers the full selected timeframe for accurate calculations. Use logarithmic scaling for volatile assets with large percentage moves. The normalized scale is effective at revealing patterns and structures that remain consistent across different price ranges, making it particularly useful for comparative analysis and pattern-based trading strategies.
I hope it helps everyone. Do not forget to manage your risk. And trade as safely as possible. Best of luck!
SMA+Volume Buy AlertsOverview
This lightweight indicator combines trend and momentum filters to pinpoint high-conviction, oversold entries on ETFs or stocks. It plots your choice of two SMAs (default 100- & 200-day) and a 20-day volume moving average, then only flags a “BUY” when price crosses below an SMA and daily volume exceeds its average.
Use it to capture institutional-strength reversals without alert noise, and receive a single, clear signal exactly when market participants step in.
Key Features
Dual SMA Trend Lines (100/200-day by default)
Volume Filter (20-day avg): only overshoots on above-average volume signal
One-Shot Buy Markers: triangles appear beneath the precise bar that crosses under your SMA on high volume
Alert Conditions: “Buy 100 SMA + High Vol” and “Buy 200 SMA + High Vol” ready for desktop, mobile, or webhooks
Show/Hide Toggle for your SMA lines
100% Pine v6, optimized for speed and compatibility
Inputs
Short SMA Length (default 100)
Long SMA Length (default 200)
Volume MA Length (default 20)
Show SMA Lines toggle
How to Use
Add to Chart: Copy & paste this script into TradingView’s Pine editor, then Save & Add to Chart.
Configure Inputs: Adjust SMA and volume-MA lengths to your trading style.
Create Alerts:
Open “Create Alert,” select the “SMA-VOL-BUY” indicator.
Choose “Buy 100 SMA + High Vol” or “Buy 200 SMA + High Vol.”
Set trigger to “Once Per Bar Close.”
Trade with Confidence: Only the most significant, high-volume overshoots get flagged—no spam, just high-quality setups.
Best Practices
Frame Alignment: Combine daily signals with a weekly SMA trend filter for multi-timeframe confirmation.
Volume Context: Ensure that “high” volume truly represents above-average activity in your chosen security.
Risk Management: Use the signal bar’s low as your stop, and size positions to match your risk tolerance.
Review & Iterate: Tweak SMA or volume lengths to suit fast-moving sectors (e.g. 50/100 SMAs) or slower large-caps.
SMA Undervalue Buy AlertsSMA Undervalue Buy Alerts
Free, open-source Pine v6 indicator for spotting undervalued ETF/stock entries
This simple yet powerful indicator plots two user-configurable Simple Moving Averages (default 100- and 200-day) on your chart and automatically marks any bar where price closes below those SMAs with an on-chart “BUY” triangle. It’s ideal for ETF traders who want a systematic, price-action-based signal whenever a major trend filter is breached to the downside—often a sign of short-term overselling in an otherwise up-trending market.
Key Features
Dual SMA Lines (default 100/200): Smooth out noise and highlight medium- and long-term trend backdrops
Automatic Buy Markers: Triangles appear beneath any candle that closes under your chosen SMA, so you never miss an overshoot
Built-in Alert Conditions: Four alert hooks—“Buy 100 SMA” and “Buy 200 SMA”—let you receive desktop, mobile or webhook notifications the moment a close beneath your SMAs occurs
Show/Hide Toggle: Quickly turn the SMA lines on or off without removing the script
100% Pine v6: Fast, lightweight, and compatible with all TradingView chart types
How to Use
Add to Chart: Copy & paste the Pine v6 code into TradingView’s Pine editor, then Save & Add to Chart.
Configure Inputs: Adjust “Short SMA Length” and “Long SMA Length” to your preferred look-back periods (e.g. 50/200, 20/50, etc.).
Create Alerts: In the Create Alert dialog, choose your indicator, then select “Buy 100 SMA” or “Buy 200 SMA” under Series. Set it to “Once Per Bar Close” for reliable signals.
Trade Management: Use the buy markers as entry triggers or confirm with volume, RSI, or other confluence tools before committing.
Best Practices
Trend Confirmation: Combine with a higher-TF trend filter (e.g. 200 SMA on weekly) to stay aligned with the broader market
Volume Check: Look for above-average volume on overshoot candles to validate institutional interest
Risk Control: Always define your stop (e.g. below the low of the signal bar) and position-size responsibly
LotSize Calculator - psyploThis indicator provides a convenient on-chart lot size calculator designed to assist traders with precise position sizing based on account balance, risk tolerance, and trade parameters.
Key Features:
Custom Account Sizing: Define your account size and risk percentage per trade.
Flexible Risk Units: Choose between percentage or fixed currency risk models.
Support for Multiple Currencies: Select from a wide range of currencies including USD, EUR, GBP, INR, and even crypto options like USDT.
Dual Sizing Methods: Configure position size using either quantity or lot-based models, with optional rounding.
Visual Trade Levels: Displays configurable entry, stop loss (SL), and take profit (TP) lines on the chart.
Style Customization: Customize the color, line style, and visibility of each level for better chart readability.
Ideal Use Case:
Designed for manual traders seeking real-time clarity and consistency in risk management without needing to calculate lot size externally.
Disclaimer:
This tool is for informational purposes only. Always practice responsible risk management and perform due diligence before trading.
Dynamic 5% Below SuperTrend ResistanceThe Central Pivot Range (CPR) is a popular price action-based indicator used by traders to identify key support and resistance levels for a given trading session. It consists of three lines:
Central Pivot (CP): Calculated as the average of the high, low, and close of the previous period.
Top Central Pivot (TC): Calculated as (CP + High of previous period) / 2.
Bottom Central Pivot (BC): Calculated as (CP + Low of previous period) / 2.
How traders use CPR:
If the price is above the CPR, it is considered bullish; if below, bearish.
The width of the CPR can indicate market volatility: a narrow CPR suggests a trending move, while a wide CPR suggests a range-bound market.
CPR levels act as dynamic support and resistance zones for intraday and swing trading.
The SuperTrend is a trend-following indicator based on the Average True Range (ATR). It is plotted as a single line above or below the price on the main chart:
Calculation: The SuperTrend value is derived by adding or subtracting a multiple of the ATR from the closing price.
Trend Indication:
When the price is above the SuperTrend line, the indicator turns green, signaling an uptrend.
When the price is below the line, it turns red, signaling a downtrend.
Signals: A change in the SuperTrend’s position (from above to below the price or vice versa) is considered a potential buy or sell signal.
Support/Resistance: The SuperTrend line acts as a dynamic support or resistance level.
Customization: The indicator’s sensitivity can be adjusted using the ATR period (atrLength) and the multiplier.
Best Use: SuperTrend works best in trending markets and is often combined with other indicators for confirmation.
The SuperTrend indicator is valued for its simplicity, adaptability, and clear visual signals—but, like all indicators, it can generate false signals in sideways or choppy markets and is best used in conjunction with other tools
AlgoTradar MACD (Auto-Optimized)This is the AlgoTradar MACD Optimized indicator, a finely-tuned tool based on the classic MACD crossover strategy.
The script is designed to provide clear, actionable signals for both manual and automated trading systems.
How to Use
Apply to Chart: For the best results, apply this indicator to your chart on the 8-hour (8H) timeframe. Using it on other timeframes may produce less reliable signals as the parameters are tailored for 4H, 8H, 1D, 1W, 1M.
Interpret the Signals:
🚀 BUY Signal: A green "BUY" label appears when the blue MACD line crosses above the orange Signal line. This indicates potential bullish momentum.
📉 SELL Signal: A red "SELL" label appears when the blue MACD line crosses below the orange Signal line. This indicates potential bearish momentum.
Confirmation is Key: This indicator should not be used in isolation. Always use it in conjunction with other analysis methods, such as trend lines, support and resistance levels, or other indicators, to confirm signals before entering a trade.
Renko Alerts📢 Renko Alerts – by Marcelo Ulisses Sobreiro Ribeiro
🧱 Detection of Bricks and Hammers on Renko Charts with Alerts
This indicator was designed for traders who use Renko charts and want to receive automated alerts when bricks and hammer-like patterns are formed, helping with price action reading and quick, objective decision-making.
✅ Indicator Function
Renko Alerts automatically identifies:
Bullish Brick: A clean bullish brick (no wicks), indicating potential trend continuation to the upside.
Bearish Brick: A clean bearish brick (no wicks), indicating potential trend continuation to the downside.
Bullish Hammer: A bullish brick with a lower wick.
Bearish Hammer: A bearish brick with an upper wick.
ℹ️ Important:
Hammer patterns are widely used as entry triggers, both for reversal and trend continuation — it all depends on the market context in which they appear (e.g., support/resistance, pullback zones, indicator confluence).
⚙️ Inputs & Settings
🔹 Box Size (points)
Description: Defines the Renko brick size in points.
Default value: 3.0
Why it matters: This setting is essential for the script to accurately detect brick formations. It calculates the body size and distinguishes between clean bricks and those with wicks (hammers).
Technical Note: A small tolerance is applied automatically to prevent floating-point comparison errors.
🔔 Available Alerts
The indicator provides four ready-to-use alert conditions for use within TradingView:
Alert Name Technical Condition Message
Bullish Brick Bullish brick with body equal to Box Size New Bullish Brick
Bearish Brick Bearish brick with body equal to Box Size New Bearish Brick
Bullish Hammer Bullish brick with a lower wick New Bullish Hammer
Bearish Hammer Bearish brick with an upper wick New Bearish Hammer
These alerts are ideal for automating chart monitoring and receiving real-time notifications about potential trade setups.
📌 Additional Notes
This script is designed to work exclusively with Renko charts using fixed box sizes.
It is not suitable for time-based candlestick charts.
You can use this indicator alongside other tools (moving averages, RSI, stochastics, etc.) to build confluent strategies.
Sector SPDR ETFsThis script automatically identifies the SPDR sector ETF that corresponds to the currently viewed US stock ticker. It maps over 500 US-listed stocks to their respective SPDR sector ETFs — such as XLK (Technology), XLF (Financials), XLY (Consumer Discretionary), and others — based on pre-defined symbol lists.
When applied to a chart, the script displays a label below the last candle showing the SPDR sector symbol (e.g., "XLE" for Energy stocks like XOM). This allows traders and investors to quickly understand the sector classification of any stock they analyze.
Key Features:
Maps tickers to SPDR sector ETFs: XLC, XLY, XLP, XLE, XLF, XLV, XLI, XLB, XLRE, XLK, and XLU.
Displays the corresponding sector label on the chart.
Helpful for sector rotation strategies, macro analysis, or thematic investing.
Zinc Model [Mr Zinc x MMT]The Zinc Model is a TradingView indicator designed to assist traders by plotting key price levels from two defined trading sessions: the previous day's session (4:00 AM to 8:00 PM) and the current day's London session (4:00 AM to 9:15 AM). It overlays horizontal lines for session highs, lows, and midpoints (EQ levels), along with a vertical anchor line to mark session starts. The indicator is highly customizable, allowing traders to tailor its appearance and focus on specific sessions for strategic analysis.
Features
Session-Based Levels : Tracks and displays high, low, and midpoint (50% EQ) levels for two sessions: the previous day's session and the current day's London session.
Customizable Display : Users can toggle visibility of high, low, EQ levels, and session anchor lines, with options to adjust line styles, colors, and widths.
Session Selection : Configurable session show times (default: 8:00 AM to 4:00 PM in New York time) for displaying levels, with a projection offset to extend lines into future bars.
Labels: Optional labels for each level (High, Low, EQ) with customizable sizes (Tiny, Small, Normal, Large) for clear identification.
Time Zone Support : Anchors sessions to a specified time zone (default: America/New_York).
How It Works
The indicator calculates key price levels based on two user-defined sessions:
- Previous Day Session (4:00 AM–8:00 PM) : Tracks the high, low, and midpoint (50% of the range) of the previous day's session.
- London Session (4:00 AM–9:15 AM) : Tracks the high, low, and midpoint of the current day's London session.
- Levels Displayed :
High/Low Levels : Horizontal lines at the highest and lowest prices of each session.
EQ Level : A horizontal line at the 50% midpoint of the session's range.
Anchor Line : A vertical line marking the start of the user-defined display session.
- Levels are plotted during a user-specified "Show Session" time window (default: 8:00 AM–4:00 PM) and extended forward by a configurable number of bars (default: 15).
- The indicator updates dynamically as new highs or lows occur within the active session.
Usage
- Add to Chart : Apply the indicator to any TradingView chart.
- Configure Settings :
Session Settings : Adjust the "Session Show Time" (default: 8:00 AM–4:00 PM) and time zone to align with your trading strategy.
Projection Offset : Set the number of bars to extend level lines into the future.
Anchor Line : Toggle the vertical line at session start and customize its style, color, and width.
High/Low/EQ Levels : Enable or disable lines and labels for each session's high, low, and midpoint, and customize their appearance.
Label Size : Choose from Tiny, Small, Normal, or Large for level labels.
- Interpret Levels :
High/Low Lines : Act as potential resistance (high) or support (low) levels.
EQ Line : Represents the session's midpoint, often a pivot point for price action.
Anchor Line : Marks the start of the display session for context.
- Trading Application : Use levels to identify support/resistance zones, set entry/exit points, or confirm breakouts during the specified session.
Settings
- Session Settings :
Session Show Time : Defines when levels are displayed (default: 8:00 AM–4:00 PM).
Projection Offset : Extends lines forward (default: 15 bars).
Time Zone : Sets the session time zone (default: America/New_York).
- Anchor Line Settings : Toggle visibility, style (Solid, Dashed, Dotted), color, and width.
- High/Low/EQ Settings : Separate controls for previous day and London sessions to toggle visibility, adjust line styles (Solid, Dashed, Dotted), colors, widths, and label visibility.
- Label Size : Options for Tiny, Small, Normal, or Large to adjust label appearance.
Ideal Use Case
The Zinc Model is ideal for day traders and swing traders focusing on session-based price action, particularly those trading forex, indices, or other markets with significant activity during the London session. It helps identify key support, resistance, and pivot levels for intraday strategies, with flexible settings to suit various timeframes and trading styles.
Scalping Candle [Crak x MMT]The Scalping Candle is a TradingView indicator designed for scalping strategies, identifying potential bullish and bearish engulfing patterns on price charts. It overlays directly on the chart and marks specific candle patterns with visual signals, helping traders spot short-term trading opportunities. The indicator includes a customizable bias filter to focus on bullish, bearish, or neutral market conditions.
Features
Overlay Indicator : Displays bullish and bearish signals directly on the price chart.
Bias Filter : Allows users to select a market bias ('Bullish', 'Bearish', or 'Neutral') to filter signals based on their trading preference.
Visual Signals : Plots green upward triangles below bullish candles and red downward triangles above bearish candles.
Alerts : Generates alerts for bullish and bearish engulfing patterns, enabling timely notifications for trade setups.
How It Works
The indicator analyzes the relationship between the current and previous candles to detect engulfing patterns:
Bullish Engulfing : Triggered when the current candle's low is at or below the previous candle's low, and its close is at or above the previous candle's midpoint. This signal is displayed only if the bias filter is set to 'Neutral' or 'Bullish'.
Bearish Engulfing : Triggered when the current candle's high is at or above the previous candle's high, and its close is at or below the previous candle's midpoint. This signal is displayed only if the bias filter is set to 'Neutral' or 'Bearish'.
The previous candle's midpoint is calculated as the average of its high and low prices.
Usage
- Add to Chart : Apply the indicator to any TradingView chart.
- Configure Bias Filter :
Neutral : Displays both bullish and bearish signals.
Bullish : Displays only bullish signals.
Bearish : Displays only bearish signals.
- Interpret Signals :
Green upward triangle below a candle indicates a potential bullish reversal.
Red downward triangle above a candle indicates a potential bearish reversal.
- Set Alerts : Use the built-in alert conditions to receive notifications when bullish or bearish engulfing patterns are detected.
Settings
Bias Filter : Choose between 'Neutral', 'Bullish', or 'Bearish' to control which signals are displayed.
Shape Size : Signals are plotted as small triangles for minimal chart clutter.
Alert Conditions : Enable alerts for 'Bullish Engulfing Detected' or 'Bearish Engulfing Detected' to stay informed of new signals.
Ideal Use Case
This indicator is tailored for scalpers and short-term traders looking to capitalize on quick price movements driven by engulfing candle patterns. It works best on 15-minute chart and can be combined with other technical tools for confirmation.
Daily GEX Zones & Dashboard by JCThis script plots daily options-driven gamma zones alongside a live sentiment dashboard to help traders visualize dealer positioning, support/resistance clusters, and expected price behavior.
Features:
📅 Date-based GEX Zones: Automatically draws GEX Resistance, GEX Support, Max Pain Zone, and Zero Gamma Line for a specific trading day.
📊 Gamma Flow Dashboard: Displays real-time GEX, DEX, Vanna, and Charm flows using intuitive dropdowns (Negative, Neutral, Positive) — no manual number typing.
🔢 Combo ID Calculation: Combines your gamma flow selections into a single Combo ID, quantifying net positioning pressure.
🎯 Automatic Bias Classification: Instantly highlights whether the day’s gamma structure is likely Pinned/Stable, Unpinned/Wild, Choppy, or Trap/Expansion — color-coded for quick reading.
📈 Zero Gamma Lines: Plots two critical levels where gamma flips from long to short, providing valuable confluence for intraday support/resistance.
How to Use:
1️⃣ Pick your target date (e.g., current day) to activate the GEX boxes.
2️⃣ Enter the day’s Resistance Wall, Support Wall, Max Pain, and Zero Gamma levels from your option chain analysis.
3️⃣ Use the radio-style dropdowns to select sentiment for GEX, DEX, Vanna, and Charm based on your interpretation of open interest, hedging, dealer flow, and market structure.
4️⃣ The dashboard will auto-calculate your Combo ID and bias class.
Designed for:
SPX, SPY, QQQ, NVDA, or any high-liquidity underlying with active options flow.
Active day traders, gamma scalpers, and market makers tracking dealer positioning.
Tip:
Combine with price action levels, VWAP, and intraday structure for high probability trade zones.
NQ Position Size CalculatorNQ Position Size Line Calculator is designed specifically for Nasdaq 100 futures (NQ) and micro futures (MNQ) traders who want to maintain disciplined risk management. This visual tool eliminates the guesswork from position sizing by displaying distance lines and contract calculations directly on your chart.
The indicator creates horizontal lines at 10-tick intervals from your stop loss level, showing you exactly how many contracts to trade at each distance to maintain your predetermined risk amount. Whether you're trading regular NQ contracts or micro MNQ contracts, this calculator ensures you never risk more than intended while providing instant visual feedback for optimal position sizing decisions.
How to Use the Indicator
Step 1: Configure Your Settings
Stop Loss Price: Enter your exact stop loss level (e.g., 20000.00)
Risk Amount ($): Set your maximum dollar risk per trade (e.g., $500)
Contract Type: Choose between:
NQ (Regular): $5 per tick - for larger accounts
MNQ (Micro): $0.50 per tick - for smaller accounts or conservative sizing
Display Options:
Max Lines: Number of distance lines to show (default: 30)
Show Labels: Toggle tick distance and contract count labels
Line Color: Customize the color of distance lines
Label Size: Choose tiny, small, or normal label sizes
Step 2: Read the Visual Display
Once configured, the indicator displays:
Stop Loss Line:
Thick yellow line marking your exact stop loss level
Yellow label showing the stop loss price
Distance Lines:
Dashed red lines at 10-tick intervals above and below your stop loss
Lines appear on both sides for long and short position planning
Labels (if enabled):
Green labels (right side): For long positions above your stop loss
Red labels (left side): For short positions below your stop loss
Format: "20T 5x" means 20 ticks distance, 5 contracts maximum
Step 3: Use the Information Tables
The indicator provides two helpful tables:
Position Size Table (top-right):
Shows common tick distances (10, 20, 40, 80, 160 ticks)
Displays risk per contract at each distance
Contract count for your specified risk amount
Total risk with rounded contract numbers
Settings Table (bottom-right):
Confirms your current risk amount
Shows selected contract type
Displays current settings for quick reference
Step 4: Apply to Your Trading
For Long Positions:
Look at the green labels on the right side of your chart
Find your desired entry level
Read the label to see: distance in ticks and maximum contracts
Example: "30T 8x" = 30 ticks from stop, buy 8 contracts maximum
For Short Positions:
Look at the red labels on the left side of your chart
Find your desired entry level
Read the label for tick distance and contract count
Example: "40T 6x" = 40 ticks from stop, sell 6 contracts maximum
Step 5: Trading Execution
Before Entering a Trade:
Identify your stop loss level and input it into the indicator
Choose your entry point by looking at the distance lines
Note the contract count from the corresponding label
Verify the risk amount matches your trading plan
Execute your trade with the calculated position size
Risk Management Features:
Contract rounding: All position sizes are rounded down (never up) to ensure you don't exceed your risk limit
Zero position filtering: Lines only show where position size is at least 1 contract
Dual-sided display: Plan both long and short opportunities simultaneously
Rolling Log Returns [BackQuant]Rolling Log Returns
The Rolling Log Returns indicator is a versatile tool designed to help traders, quants, and data-driven analysts evaluate the dynamics of price changes using logarithmic return analysis. Widely adopted in quantitative finance, log returns offer several mathematical and statistical advantages over simple returns, making them ideal for backtesting, portfolio optimization, volatility modeling, and risk management.
What Are Log Returns?
In quantitative finance, logarithmic returns are defined as:
ln(Pₜ / Pₜ₋₁)
or for rolling periods:
ln(Pₜ / Pₜ₋ₙ)
where P represents price and n is the rolling lookback window.
Log returns are preferred because:
They are time additive : returns over multiple periods can be summed.
They allow for easier statistical modeling , especially when assuming normally distributed returns.
They behave symmetrically for gains and losses, unlike arithmetic returns.
They normalize percentage changes, making cross-asset or cross-timeframe comparisons more consistent.
Indicator Overview
The Rolling Log Returns indicator computes log returns either on a standard (1-period) basis or using a rolling lookback period , allowing users to adapt it to short-term trading or long-term trend analysis.
It also supports a comparison series , enabling traders to compare the return structure of the main charted asset to another instrument (e.g., SPY, BTC, etc.).
Core Features
✅ Return Modes :
Normal Log Returns : Measures ln(price / price ), ideal for day-to-day return analysis.
Rolling Log Returns : Measures ln(price / price ), highlighting price drift over longer horizons.
✅ Comparison Support :
Compare log returns of the primary instrument to another symbol (like an index or ETF).
Useful for relative performance and market regime analysis .
✅ Moving Averages of Returns :
Smooth noisy return series with customizable MA types: SMA, EMA, WMA, RMA, and Linear Regression.
Applicable to both primary and comparison series.
✅ Conditional Coloring :
Returns > 0 are colored green ; returns < 0 are red .
Comparison series gets its own unique color scheme.
✅ Extreme Return Detection :
Highlight unusually large price moves using upper/lower thresholds.
Visually flags abnormal volatility events such as earnings surprises or macroeconomic shocks.
Quantitative Use Cases
🔍 Return Distribution Analysis :
Gain insight into the statistical properties of asset returns (e.g., skewness, kurtosis, tail behavior).
📉 Risk Management :
Use historical return outliers to define drawdown expectations, stress tests, or VaR simulations.
🔁 Strategy Backtesting :
Apply rolling log returns to momentum or mean-reversion models where compounding and consistent scaling matter.
📊 Market Regime Detection :
Identify periods of consistent overperformance/underperformance relative to a benchmark asset.
📈 Signal Engineering :
Incorporate return deltas, moving average crossover of returns, or threshold-based triggers into machine learning pipelines or rule-based systems.
Recommended Settings
Use Normal mode for high-frequency trading signals.
Use Rolling mode for swing or trend-following strategies.
Compare vs. a broad market index (e.g., SPY or QQQ ) to extract relative strength insights.
Set upper and lower thresholds around ±5% for spotting major volatility days.
Conclusion
The Rolling Log Returns indicator transforms raw price action into a statistically sound return series—equipping traders with a professional-grade lens into market behavior. Whether you're conducting exploratory data analysis, building factor models, or visually scanning for outliers, this indicator integrates seamlessly into a modern quant's toolbox.
ADX & Angle Strength📌 Indicator Overview – ADX Angle Strength
This script merges the power of the traditional ADX with a visual interpretation of the angular slope of a moving average, offering a highly effective tool to identify real impulses in price action. The goal of the indicator is not only to highlight market strength, but to reveal direction and slope —helping traders spot the end of impulses, consolidation zones, and potential reversal points.
This script does not aim to replace or compete with ADX, but instead highlights a lesser-used metric: the true angular slope of a moving average as a functional and interpretable force component. Rather than relying exclusively on traditional strength tools, it introduces an immediate, intuitive, and quantifiable way to observe trend steepness — reinforced by a robust metric like ADX.
The author considers both perspectives valuable. While ADX remains an integral part of their technical analysis, greater attention is often given to the angles formed by price-tracking moving averages, as they offer faster insight into trend acceleration. This dual-approach — with one reactive and one confirmatory signal — makes ADX & AngleStrength a practical, clear, and flexible tool for analyzing market momentum from two synchronized yet distinct vantage points.
Key user-configurable options:
- Display of ADX lines (DI+, DI−, zero line, lines 20, 25, 50, and 75)
- ADX length and smoothing
- Moving average type (SMA, EMA, WMA, HMA, ALMA)
- Length, source, color, and style of the angle calculation
- Minimum angle threshold to define color changes (slope comparison)
This indicator is highly sensitive and allows users to visualize:
- Range zones via flat angles (yellow)
- Bullish or bearish impulses through positive or negative slopes (green and red)
- Convergences or divergences relative to traditional ADX strength
📘 Single Real-World Example: Step-by-Step Interpretation
In this section, we’ll walk through a single real-world example on a 1-hour chart, divided into five key moments marked by vertical lines labeled A, B, C, D, and E. Each line identifies a specific point in the movement of price and indicator behavior. We’ll move through the chart step-by-step, explaining what happens between each line and how each indicator responds.
Before Line A: The setup
The chart shows a slight upward movement in the price, though not particularly strong. This section doesn’t have any lines marked yet but sets the foundation for what’s coming next.
The ADX is falling, dropping below the 20-level threshold, which usually signals weakening market momentum. However, the angle indicator, which is more sensitive, starts pointing upward, detecting an increase in slope as the price begins climbing.
This early upward tilt is what we call a rising angle, suggesting the market is gaining slope.
🅰 Line A: First peak
As the upward move completes, a peak forms right at Line A. The angle at that moment reaches +44.70°, showing a relatively strong upward slope.
After Line A:
- Price stalls, entering a sideways range — a classic consolidation.
- The angle indicator begins to fall, because price action no longer has a strong slope.
- The ADX, however, keeps rising, continuing even after the angle begins to decline. It reaches a peak at 35.6, then gradually drops to 15.13, reflecting that the trend’s strength has faded.
🅱 Line B: Sharp drop
Following the sideways range after Line A, the price breaks downward with a strong bearish candle.
This is where the second peak happens — but this time it's a negative angle, as price drops quickly. The angle reaches -48.45°, clearly marking the end of this quick bearish impulse.
At the same moment:
- The ADX, recovering from its earlier drop, reaches 21.83 and continues rising after the angle has peaked.
- This shows that while the angle detects the end of the move, the ADX is still registering the momentum that just occurred — a bit delayed, but confirming.
🅲 Line C: Key turning point
After the drop at Line B, price moves sideways again. During this range:
- The angle gradually declines and enters a yellow zone, indicating low slope or momentum.
But at Line C, everything changes. Unlike the other lines, Line C does not mark a peak, but rather the beginning of a stronger downward move.
From here:
- Price breaks through the range and continues falling — this marks the start of a stronger trend.
- The angle indicator shows a sequence of five descending peaks, tracking the steepening drop in price:
1. 26.47°
2. 40.64°
3. 35.87°
4. 38.71°
5. 66.3° (the steepest)
- The ADX starts rising in parallel, confirming the growing strength of the trend.
🅳 Line D: Bottom and reversal
At Line D, price reaches a bottom — a point of exhaustion marked by high volume, sometimes known as a volume climax or stopping volume.
- The angle reaches its steepest reading so far: 66.3° negative.
- The ADX keeps rising for two more candles after this angle peak, then begins to fall — revealing that the angle catches the momentum shift earlier.
🅴 Line E: Bullish reversal and final peak
After the low at Line D, price begins to rise steadily. The angle responds immediately, tilting upward again.
At Line E, we get the final peak, this time positive, as the bullish move reaches its climax. The angle here is +71.64° — the highest reading in the entire example.
Meanwhile:
- The ADX is still falling at this point, having peaked two candles after Line D and never recovering in time to catch this bullish push.
- Once again, the angle proves more responsive to changes in price behavior, especially at the end of impulses.
⚠️ Compatibility and Intended Use
This indicator is specifically designed to be used on Binance charts, as it is intended for the analysis of cryptocurrency markets, and Binance exclusively operates with crypto assets. It has been optimized for the following timeframes:
- 1 minute
- 5 minutes
- 15 minutes
- 30 minutes
- 1 hour
- 4 hours
- 1 day
These intervals were selected based on the internal architecture used for angle computation. As such, the indicator will not display any data outside of these supported timeframes or on non-Binance assets. Attempting to apply it beyond those conditions will produce a blank chart by design.
👤 Author
This indicator was developed as part of a visual technical analysis project focused on capturing true momentum through combined signals.
📄 User guide available in both Spanish and English for clarity and learning.
Live Price Watermark (Flashing Overlay)Displays the current price as a large, centered watermark directly on your chart. The text color updates dynamically:
- Green when price rises
- Red when price falls
- Translucent black when unchanged
[TCV] - Position Tool Position Tool by TheCryptoVizier is a trade-planning widget that lets you drop Entry, Take-Profit and Stop-Loss levels directly on the chart, instantly calculates risk-to-reward and position size, and shows only the numbers you actually need. It’s designed for traders who plan visually and don’t want to juggle spreadsheets or external calculators.
WHAT PROBLEM DOES IT SOLVE?
When you drag price levels on TradingView you still have to:
work out how many contracts / coins you can buy for a fixed $ risk,
check that your R:R is acceptable,
copy the final values somewhere else.
The Position Tool automates all of that inside the chart and keeps the screen clean.
HOW TO USE
Add the indicator to any chart.
Drag the blue (Entry), green (TP) and red (SL) lines to your desired levels.
Set your Risk in USDT and toggle the check-boxes to show / hide extra fields.
Read off the position size, risk and R:R in the corner table or copy the exact numbers from the Data Window.
Place your order with confidence – the maths is already done.
Whether you scalp lower-timeframes or swing trade higher ones, the Position Tool removes friction from trade preparation and lets you focus on execution.
KEY FEATURES
Drag-and-drop Entry / TP / SL lines – plan the trade visually.
Fixed-risk position sizing – enter how much you’re willing to lose in USDT (or account currency) and the script tells you the exact position value and quantity.
Live R-to-R ratio – instantly see whether the reward compensates the risk as you move levels.
Smart info panel – overlay table shows Entry, TP, SL, R:R and – optionally via check-boxes – position in USDT, position in $TICKER and risk in USDT. Hide what you don’t need.
Copy-ready Data Window values – the same numbers appear in TradingView’s Data Window, so you can click any cell to copy it straight to the clipboard.
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Disclaimer: This indicator is provided for educational purposes only. Trading involves substantial risk, and nothing here should be construed as financial advice or a recommendation to trade. Always do your own research and consult a qualified professional.
Killzones & OrbsKillzones & ORBs
This indicator plots Opening Range Breakouts (ORBs) and major Killzone sessions (Asia, London, New York) on one chart.
What it does:
Marks the OR with a customizable box and midline, then extends it through the day
Highlights Killzones with colored boxes and labels
Tracks mini-ORBs inside each Killzone for breakout confirmation
How it works:
Uses session inputs and box drawing tools to capture price ranges
Dynamically updates highs/lows during the OR window
Extends killzone boxes as price evolves, with optional midlines and labels
How to use it:
Enable the Opening Range in settings and set your session times
Turn on Killzones and adjust their ORB durations and colors
Select your timezone for correct session tracking
What makes it original:
Combines global Killzones with Opening Range logic
Offers separate mini-ORBs within each Killzone
Fully customizable visuals for clean, professional levels
Position Tool ProThis advanced indicator is a professional upgrade and expansion of the default Position Tool on TradingView. Now you can visualize, calculate, and manage advanced scaling strategies directly on your TradingView chart – all with more features, flexibility, and automation.
Key Features:
Flexible Scaling Modes: Build your entries and exits with multiple levels using Progressive, Exponential, ATR/Volatility-Based, Fibonacci, or Manual Placement modes.
Entry & Exit Trajectories: Choose between Averaging In (scale between entry & stop) or Pyramiding (scale between entry & target) for both entries and exits.
Customizable Level Distribution: Fine-tune how much size you add at each level using fixed %, custom ratio (like 50:30:20), or even per-level percentages.
Real-Time Position Sizing: Enter your account size and risk %, and the tool automatically calculates size per entry/exit level and the full position.
Dynamic Stop Loss Options: Set fixed or ATR-based (volatility-adjusted) stops, including trailing options.
Visual Clarity: Each scale level is labeled with type, level number, price, %, allocation, and the distance mode used for full transparency.
Easy Level Placement: Set your entry, target, stop, and scale levels with simple chart clicks or in the settings panel.
Comprehensive P&L and RR Display: Instantly see your risk/reward ratio, potential profit/loss, and position summary in an overlay box.
Advanced Customization: Adjust label sizes for better readability, pick your own colors for each zone and label, and manage extension behavior.
Ideal For:
Systematic traders who want precise scaling
Turtle-style and trend-following strategies
Volatility-based position builders
Anyone who wants to visualize their full trade logic before execution
Gold DynamicThis is a custom-made TradingView indicator designed to visualize "sequential price levels" based on a user-defined step value, dynamically centered around the current gold price. It draws horizontal lines at multiples of a chosen step value (e.g., 7) both above and below the current price.
Key Features:
Dynamic Price Levels: Lines are calculated relative to the live price, providing relevant support/resistance or structural levels for the current market context.
Customizable Step Value: Easily adjust the Sequence Step Value (e.g., 7, 10, 14) from the indicator settings to align with your trading theory.
Adjustable Line Count: Control the Number of Lines ABOVE Current Price and Number of Lines BELOW Current Price to show as many or as few levels as desired.
Extended Lines: Horizontal lines extend indefinitely to both the left (historical data) and right (future projection) for comprehensive visualization.
Clear Price Labels: Each line displays its exact price value, positioned at the far right of the chart for quick reference.
Customizable Appearance: Modify line color, width, and style (solid, dotted, dashed) to suit your charting preferences.
Exact Values: All displayed price labels are rounded to whole numbers for clear, precise visualization without decimal values.
This indicator is ideal for traders looking to apply a fixed-step price theory to their gold analysis.
Support, Resistance and Tests with Pivot Volume [SRLDA]Transform Your Technical Analysis with "Support, Resistance and Tests with Pivot Volume "
If you're looking for a professional indicator designed to take your trading to the next level, meet Support, Resistance and Tests with Pivot Volume , developed by Sardinha Risonha Lda (SRLDA).
Why is this indicator different?
Unlike standard tools that only draw static lines, this indicator automatically detects pivot highs and lows and evaluates their strength based on real volume. You get a dynamic, living analysis that evolves with the market.
How does it work?
Pivot detection: Identifies significant highs and lows using configurable bars to the left and right.
Volume capture: Records volume at each pivot to evaluate market conviction.
Volume analysis: Compares pivot volume to the 20-bar moving average volume (SMA). Levels are classified as WEAK, MEDIUM, or STRONG.
Dynamic styling: Line thickness and color adapt to strength. Labels show classification and formatted volume (K or M).
Retest feedback & trend change cues: When price retests a line, it changes style (e.g., dashed) and color to signal possible reversals or confirmations — perfect for spotting trend shifts in real time.
What do you get?
✅ Automatic support and resistance detection.✅ Strength classification for smarter decisions.✅ Visual cues with adaptive styles and colors.✅ Real-time updated labels with volume info.✅ Confirmation on trend changes through line style updates.
Who is it for?
Day traders and swing traders who want to avoid false breakouts.
Investors needing volume confirmation for entries.
Technical analysts who love clean, dynamic visuals.
100% customizable
✔️ Choose line style (solid, dashed, dotted).✔️ Adjust base thickness and max active lines.✔️ Toggle labels on/off easily.
Seamless with TradingView
Built with Pine Script v5 and fully optimized for TradingView. Start in seconds.
Take your edge further
Don’t just see levels — understand and react to them. With SRLDA, you know which zones truly matter and when a trend might shift.
⚡ Ready to trade smarter? Get it now and transform your market approach.
Z-Score Volume with CVD ConfirmationZ-Score Volume with CVD Confirmation is a volume-based confluence tool that enhances traditional volume analysis by combining Z-Score volume anomalies with Cumulative Volume Delta (CVD) confirmation. This indicator helps traders identify unusual volume activity that aligns with directional order flow, offering a cleaner signal for potential breakout or reversal scenarios.
🔍 Key Features:
Z-Score Calculation: Measures how extreme current volume is relative to its recent average, highlighting statistically significant surges or drops.
CVD Confirmation: Uses Cumulative Volume Delta candles (open/high/low/close) to assess buying vs. selling pressure in lower timeframes.
Bar Color Logic:
Green: High Z-Score volume confirmed by CVD bullish candle
Red: High Z-Score volume confirmed by CVD bearish candle
Other color bands show progressively strong or weak volume outliers
Real Volume Bar Heights: Volume bars retain true scale while color reflects underlying order flow strength and direction.
💡 Use Cases:
Breakout validation: Confirm price range breaks when volume surge is supported by CVD direction
Fade setups: Detect unsustainable high-volume moves lacking CVD support
Trend continuation: Spot momentum when both Z-Score and CVD align in the direction of the trend
⚙️ How to Use:
Adjust the Z-Score length to define how far back to measure average and deviation.
Select your anchor timeframe (typically 1D) and a lower timeframe for CVD calculations (e.g., 1-minute).
Use color-coded volume bars to assess volume significance and directional flow at a glance.
Add the standard volume indicator to the chart so one can compare the difference between the standard volume indicator and the Z-Score Volume with CVD Confirmation script. Useful at specific price levels and exiting ranges or not.
Manual VAH/VAL LevelsManual VAH/VAL Levels is a utility indicator that lets traders manually display the Value Area High (VAH) and Value Area Low (VAL) from the prior trading day, based on a Fixed Range Volume Profile tool.
This script is designed to:
Draw horizontal lines at the manually input VAH and VAL levels
Label each line with the corresponding price, aligned clearly to the right of the chart
Display levels only during the regular trading session for focused market context
Maintain a clean chart appearance with transparent label backgrounds
💡 How to Use:
Apply TradingView's Fixed Range Volume Profile tool to the prior day's session
Manually enter the VAH and VAL values into the script settings
The script will draw and label these levels dynamically during the NY market session
This tool is ideal for:
Traders using volume-based key levels for intraday decision-making
Contextualizing price action near areas of prior day value
Confluence analysis when paired with opening range, CVD, or breakout systems
Watermark Clarity V33🌟 Introducing Watermark Clarity V33 – Banner 🌟
Watermark Clarity V33 is a visual utility tool designed to enhance chart awareness, focus, and clean aesthetics without adding market noise. Unlike traditional indicators, this script does not generate buy/sell signals or perform technical analysis. Instead, it provides a customizable on-chart watermark banner that clearly communicates your current mindset, risk awareness, or trading bias directly on the chart — helping traders stay aligned with their pre-defined plans and reducing impulsive behavior.
Whether you’re a discretionary trader, scalper, or swing trader, Watermark Clarity V33 offers an adaptive display that blends clarity with minimalism, keeping your chart clean while remaining informative.
🛠 Customizable Parameters
• Dual Text Banners: Configure two independent headers to reflect trading goals, risk posture, or emotional cues.
• Smart Animation Toggle: Optionally animate between messages to help reinforce shifting market awareness or draw attention during high-alert periods.
• Size, Color & Positioning: Adjust the info box’s text size, banner dimensions, background color, transparency, and placement (top/middle/bottom – left/center/right).
• Transparent Mode: Switch to semi-transparent mode for cleaner overlays during live sessions or screen recording.
🚀 New Feature – Custom Alerts & Smart Animation Control
• Market-Aware Animation Logic:
When Enable Animation is turned on and both Heading 1 and Heading 2 are filled:
• 📈 During Market Hours → The banner alternates smoothly between both headings, helping maintain awareness and visual engagement.
• 💤 Outside Market Hours → The banner remains fixed on Heading 1. This acts as a subtle visual cue that markets are currently closed — giving you peace of mind and a cleaner screen.
✨ Visual Utility Use Cases
• Accountability Layer: Keep yourself accountable to your trading rules or session checklist.
• Mindset Anchor: Display motivational or tactical reminders that guide your trading behavior.
• Multi-Timeframe Syncing: Use different watermarks across charts to stay aligned across timeframes or instruments.
📘 How to Use
1. Add the Indicator: Apply “Watermark Clarity V33 – Banner” to your chart.
2. Configure Inputs: Adjust the banner texts, size, color scheme, and screen position to your liking.
4. Focus & Trade: Let the visual cue support your decision-making environment without interfering with price action.
❗ Important Notes
• This indicator does not analyze price data or generate signals. It is designed solely for visual clarity and trader discipline support.
• All display logic runs in real-time and responds to your settings only, no repainting or lookahead bias.
