Custom Levels with Line LabelsCustom Indicator concept in Pine Script that lets you input key levels manually and automatically displays:
A central decision level ("Base Level")
Bullish zone above with Target 1 and Target 2
Bearish zone below with Target 1 and Target 2
Visual zones with background colors
Labels and lines to clearly mark your setup
✅ Use Case:
Avoids manually drawing lines on chart every day
Ideal for levels like CPR, ORB Breakout level, VWAP Break, etc.
Visually separates bullish/bearish scenarios and targets
Pontos e níveis de pivô
Market Sell-Off GaugeOVERVIEW
The Market Sell‑Off Gauge identifies high‑conviction, risk‑off entry opportunities by detecting broad market sell‑off behavior and rising stablecoin dominance, then confirming risk‑off sentiment via NDX weakness, VIX spikes, and elevated volume. It uses fuzzy logic and sigmoid scaling to convert raw signals into a smooth, bounded metric.
FEATURES
Sell‑Off Detection - calculates percentage drops in the primary asset over a user‑defined lookback.
Stablecoin Dominance Surge - tracks combined USDT/USDC dominance rises as a proxy for on‑chain “flight to safety.”
Macro Confirmation
NDX Weakness (NASDAQ‑100)
VIX Spikes (CBOE Volatility Index)
Elevated Volume on declining bars
Fuzzy Logic & Scaling - component values feed into a fuzzy‑logic membership scor and are passed through a sigmoid compressor (–1 to +1). Weighted aggregation derives the final result of the gauge (or metric).
VISUALISATION
Continuous line plot - Smoothed metric (–1 to +1), colored cold‑to‑warm.
Entry circles - Highlighted when all conditions (fuzzy or crisp) are met after the time offset.
Time‑Offset marker - Vertical line/label showing the user‑specified “start” bar.
Component table - Displays real‑time % changes & volume multiples in the lower right of the indicator.
USAGE
Asset drop % - The threshold percent decline to register a sell‑off.
Stables rise % - The threshold percent increase in stablecoin dominance to qualify as a “flight to safety.”
NDX drop % - The threshold percent decline in the NASDAQ‑100 for macro confirmation.
VIX rise % - The threshold percent increase in VIX. Contributes to risk‑off validation.
Volume Multiplier - Defines how many times above SMA volume must rise to confirm conviction.
Lookback Period - Controls the number of bars over which % changes are measured.
Time Offset - Point in time beyond which bars to “fade” historical signals, enables focus on recent data only.
Fuzzy Logic Settings - Enables fuzzy scoring and set membership threshold & sensitivity.
Weights - allows for adjusting the relative importance of each component (Asset, Stables, NDX, VIX, Volume).
Sigmoid Steepness (k) - Controls curve steepness for compression (0.1 = very flat → 5.0 = very sharp S‑curve).
Chart & settings
Best applied on 4H or Daily BTCUSD (or similar) charts to capture meaningful sell‑off events.
Combine with broader trend filters (e.g., moving averages) for trend‑aligned entries.
Adjust Sigmoid Steepness and Membership Sensitivity to fine‑tune signal crispness vs. smoothness. Refer to tooltips.
Disclaimer
This indicator is intended for educational purposes only. Always perform your own due diligence before making financial decisions.
PalacES 78% 5-8 TicksKey Features:**
1. Triple-Layer Confirmation:
- Swing breakouts (price structure)
- Volume surge (minimum 150% of average)
- EMA alignment (fast/slow convergence)
2. Advanced Components:
- Adaptive swing detection (variable lookback)
- Dynamic volatility measurement (ATR-based)
- Volume-profile validated entries
- Trend-aligned momentum filters
3. Visual Elements:
- Directional arrows at entry points
- Real-time profit targets and stop levels
- Dual EMA trend visualization
- Clean price-action focused display
Usage Guidelines:
1. Timeframe: Exclusively 1-minute ES futures
2. Session: Most effective during regular trading hours (9:30 AM - 4:00 PM EST)
3. Entry Rules:
- Long: Green triangle below candle with all 3 confirmations
- Short: Red triangle above candle with all 3 confirmations
4. Exit Rules:
- Take profit at indicated target (5+ ticks)
- Stop loss at labeled price level
Performance Notes:
- Backtesting shows 78% capture rate of 5-8 ticks in volatile conditions
- Requires $0.50/tick commission for accurate performance assessment
- Most reliable during high-volume periods (NY open/London close)
- Includes automatic trend filter disabling during chop (ATR < 1.5)
This indicator requires no external references and maintains a minimal visual footprint while providing complete trading signals. The algorithm dynamically adapts to volatility conditions and focuses exclusively on high-probability institutional-order-flow patterns observed in ES futures.
Smart Money Concepts + Fibonacci + EMA - AI Enhanced Analysis# 🤖 Smart Money Concepts + Fibonacci + EMA - AI Enhanced Analysis
## 📊 Revolutionary Multi-Indicator Fusion for AI-Powered Trading
This indicator represents a breakthrough in technical analysis optimization specifically designed for **AI image recognition and analysis**. By combining three fundamental analytical methods into a single, visually coherent system, we've created the perfect tool for traders leveraging AI assistants like GPT-4o Vision, Claude, and other image-analyzing AI models.
---
## 🎯 **Why This Specific Combination?**
### **The AI Analysis Challenge**
Traditional indicators often create cluttered, inconsistent visual patterns that confuse AI models. Our research shows that AI systems perform significantly better when analyzing charts with:
- **Consistent color schemes**
- **Clear geometric patterns**
- **Logical visual hierarchy**
- **Complementary data points**
### **The Solution: Strategic Indicator Fusion**
We've carefully selected and integrated:
1. **📈 Smart Money Concepts (SMC)**: Provides clear supply/demand zones that AI can easily identify as geometric shapes
2. **🔢 Fibonacci Retracements**: Offers mathematical precision with standardized levels that AI recognizes consistently
3. **📊 Exponential Moving Averages**: Creates trend context with clean, continuous lines that AI can track effortlessly
---
## 🔬 **Scientific Approach to AI-Optimized Visualization**
### **Visual Optimization Features:**
- **Standardized Color Coding**: Each element uses distinct, AI-recognizable colors
- **Geometric Clarity**: Zones are drawn as clear rectangles, lines as precise vectors
- **Layered Information**: Three complementary data layers that don't overlap confusingly
- **Consistent Scaling**: All elements maintain proportional relationships across timeframes
### **AI Recognition Benefits:**
- **Pattern Recognition**: AI can identify support/resistance confluences more accurately
- **Trend Confirmation**: Multiple indicators provide cross-verification for AI analysis
- **Risk Assessment**: Clear visual zones help AI calculate risk/reward ratios
- **Entry/Exit Timing**: Combined signals offer precise trade timing for AI recommendations
---
## 🚀 **Real-World AI Integration Applications**
### **For GPT-4o Vision Users:**
Upload your chart screenshots to GPT-4o and ask:
- "Analyze the supply/demand zones in relation to Fibonacci levels"
- "What's the trend direction based on EMA alignment and SMC zones?"
- "Identify the best entry points considering all three indicators"
### **For Claude Vision Users:**
- Get comprehensive chart analysis combining institutional zones, mathematical retracements, and trend direction
- Receive detailed trade setups based on multi-indicator confluence
### **For Custom AI Trading Bots:**
- Feed clean, standardized visual data to your AI models
- Improved pattern recognition accuracy
- Consistent input format for machine learning algorithms
---
## ⚙️ **Technical Features**
### **Smart Money Concepts:**
- Volume-weighted zone detection
- Institutional-level supply/demand identification
- Dynamic zone strength calculation
- Smart zone management (auto-cleanup)
### **Fibonacci Integration:**
- Automatic high/low detection
- Standard retracement levels (23.6%, 38.2%, 50%, 61.8%, 78.6%)
- Dynamic adjustment to market movements
- Clean visual presentation
### **EMA System:**
- Multi-timeframe analysis (20, 50, 100, 200)
- Trend direction confirmation
- Momentum assessment
- Crossover alerts
---
## 🎨 **Customization for AI Optimization**
### **Visual Settings:**
- Adjustable zone transparency for AI clarity
- Color customization for different AI models
- Zone extension control for better AI recognition
- Label positioning for optimal AI reading
### **Detection Sensitivity:**
- Swing length adjustment for different market conditions
- Zone width control for precision vs. coverage
- Volume threshold settings for institutional detection
---
## 📈 **Proven Results**
### **Why Traders Choose This Approach:**
- **85% Better AI Analysis Accuracy**: Based on user feedback comparing single vs. multi-indicator AI analysis
- **Faster Decision Making**: AI can process all three indicator types simultaneously
- **Reduced False Signals**: Cross-confirmation between indicators improves signal quality
- **Universal Compatibility**: Works with any AI system that processes images
---
## 🔧 **Setup Instructions**
1. **Add to Chart**: Apply the indicator to your preferred timeframe
2. **Customize Colors**: Adjust colors based on your AI system's preferences
3. **Screenshot**: Take clean chart screenshots including all three indicator elements
4. **AI Analysis**: Upload to your preferred AI system with specific analysis requests
---
## 💡 **Pro Tips for AI Integration**
### **Best Practices:**
- Use dark chart backgrounds for better AI contrast recognition
- Ensure all three indicator elements are visible in screenshots
- Ask specific questions about indicator confluence
- Request risk/reward calculations based on visible zones and levels
### **Recommended AI Prompts:**
- "Analyze this chart considering SMC zones, Fibonacci levels, and EMA trend direction"
- "Identify high-probability trade setups where all three indicators align"
- "Calculate risk/reward ratio based on nearest supply/demand zones and Fibonacci levels"
---
## 🛠️ **Technical Requirements**
- **TradingView Pro/Premium**: Recommended for full functionality
- **AI Vision Model**: GPT-4o, Claude Vision, or similar image analysis AI
- **Chart Settings**: Clean background, sufficient zoom level for AI recognition
---
## 🤝 **Community & Support**
This indicator is part of the **NarmoonAI** ecosystem, dedicated to advancing AI-enhanced trading analysis. We're committed to:
- Continuous optimization for new AI models
- Regular updates based on AI technology advances
- Community feedback integration
- Educational content for AI trading integration
---
## ⚠️ **Disclaimer**
This indicator is designed as a tool for AI-assisted analysis and should not be used as the sole basis for trading decisions. Always conduct your own research and consider your risk tolerance. AI analysis results may vary depending on the specific AI model and prompt engineering used.
---
## 🏷️ **Tags**
`#SmartMoney` `#Fibonacci` `#EMA` `#AITrading` `#GPT4Vision` `#ClaudeVision` `#MachineLearning` `#TechnicalAnalysis` `#AIIntegration` `#NarmoonAI`
---
*Created with precision for the future of AI-enhanced trading analysis.*
9AM/10AM opensPrice lines for the 9AM/10AM hourly candle opens. (OLHC/OHLC)
Lines extend only to the next hourly candle open (12 5m bars, can customize in source code)
Color customizable
Worldwide Sessions and Open Range BreakoutThis script shows when the various normal market hours for each of the major worldwide markets (Asia, New York, and London). It also draws a line on the opening range for each of these market sessions. The opening range defaults to the first 15 minutes of the session, but this can be customized.
This script does automatically handle the session times regardless of your time zone or what time frame you are on. No need to set anything! This probably can't handle non-normal trading days, such as partial days.
This script is made for futures, but would likely work for other markets, like Forex.
BhuVaraha SwamyThe script in-essence was created to find reversals in any chart in any time frame. The reversal points are derivative of standard RSI indicator.
Use this indicator with other non-price-derived indicator(s) such as volume to place trades.
If you found this script helpful and made some money, consider donating to my BTC/USDT Wallet to support my work, you can also email me your ideas on bhanuprakash2040@gmail.com
BTC Wallet Address (BINANCE SMART CHAIN BEP20)
0xde9e24e8a58281898d80ea19167cd9d04566e02e
USDT Wallet Address (TRON - TRC20)
TNa18auvXedEQHd8uWfV4F7pEVLswkhXdK
Good Luck!
RSI Divergence (Double Peak Only)RSI Divergence (Double Peak Only)RSI Divergence (Double Peak Only)RSI Divergence (Double Peak Only)RSI Divergence (Double Peak Only)RSI Divergence (Double Peak Only)RSI Divergence (Double Peak Only)RSI Divergence (Double Peak Only)RSI Divergence (Double Peak Only)RSI Divergence (Double Peak Only)RSI Divergence (Double Peak Only)RSI Divergence (Double Peak Only)
Support and Resistance (Combined) by ema volativity with alertsThis indicator is a comprehensive technical analysis tool that combines several distinct methodologies into a single, integrated script for TradingView. Its primary goal is to provide a multi-faceted view of support and resistance, trend strength, and potential market reversals.
Core Components
High Volume Boxes (HVB): This feature automatically identifies price zones where significant trading volume has occurred. It draws boxes on the chart to represent these high-volume nodes as potential support or resistance levels. It also includes a statistics panel that displays data about the most recent boxes, such as average volume, the number of support vs. resistance zones, and the percentage breakdown.
Dynamic Support/Resistance (DSR v2): Based on recent pivot highs and lows, this component plots adaptive support and resistance lines. Unlike static lines, these levels adjust to the market's evolving structure, providing relevant and timely S/R zones.
Traders Reality (TR) Suite: This is a collection of tools designed to analyze price action and volume:
PVSRA Bar Coloring: Colors the price bars based on an analysis of their volume and spread, helping to identify signs of institutional buying (e.g., green/blue vectors) or selling (e.g., red/violet vectors).
Multiple EMAs: Includes a standard set of EMAs (5, 13, 50, 200, 800) as well as customizable ones (100, 2500) to analyze trends across different timeframes.
Weekly Psy Levels & Daily Open: Plots key psychological price levels for the week and the daily opening price, which often act as important intraday support or resistance.
The EMA Cloud: A Dynamic Trend & Momentum Visualizer
The most dynamic feature of this indicator is the EMA 50 Cloud. It's not just a simple moving average cloud; its color changes based on a complex set of rules to provide nuanced insights into the market trend and potential turning points.
Base Coloring (Trend Strength): The cloud's fundamental color is determined by a Trend Strength calculation. By default, it appears dark gray in ranging or neutral markets. It can turn red to indicate a strong trend or green to signal a weak or corrective phase.
Advanced Logic & Color Overrides: The true power of the cloud comes from its conditional coloring logic, which signals specific market scenarios:
Fake Breakout Detection: This logic is designed to spot "bull traps." It looks for a breakout above a resistance level on significant volume, followed by a quick price failure back below the 50 EMA. When this pattern is detected, the cloud temporarily turns a dark red (maroon) to warn that the initial breakout may have been a trap. The sensitivity for the volume confirmation is adjustable.
Bullish Reversal/Continuation Signal: The cloud turns a dark green (override color) under specific bullish conditions. This happens when, for example, the price breaks a resistance box with negative volume (indicating absorption) or when certain EMA alignments suggest a bullish reversal is underway, overriding other bearish signals. This logic helps identify moments where selling pressure is being absorbed and a new upward move may be starting.
In essence, the cloud acts as a dynamic dashboard for the trend. Instead of just showing direction, its changing colors provide real-time alerts about trend strength, potential traps, and sophisticated reversal patterns.
KEY MARKET SESSION EU/US RANGE LEVELS - KLT🔹 KEY MARKET SESSION EU/US RANGE LEVELS - KLT
This indicator highlights critical trading levels during the European and U.S. sessions, with Overbought (OB) and Oversold (OS) markers derived from each session's price range.
It’s designed to support traders in identifying key zones of interest and historical price reactions across sessions.
✳️ Features
🕒 Session Recognition
European Session (EU): 08:00 to 14:00 UTC
United States Session (US): 14:30 to 21:00 UTC
The indicator automatically detects the current session and updates levels in real time.
📈 Overbought / Oversold (OB/OS) Levels
Helps identify potential reversal or reaction zones.
🔁 Previous Session OB/OS Crosses
OB/OS levels from the previous session are plotted as white crosses during the opposite session:
EU OB/OS shown during the US session
US OB/OS shown during the EU session
These levels act as potential price targets or reaction areas based on prior session behavior.
🎨 Session-Based Color Coding
EU Session
High/Low: Orange / Fuchsia
OB/OS: Orange / Lime
Previous OB/OS: White crosses during the US session
US Session
High/Low: Aqua / Teal
OB/OS: Aqua / Lime
Previous OB/OS: White crosses during the EU session
🧠 How to Use
Use the OB/OS levels to gauge potential turning points or extended moves.
Watch for previous session crosses to spot historically relevant zones that may attract price.
Monitor extended High/Low lines as potential magnets for price continuation.
🛠 Additional Notes
No repainting; levels are session-locked and tracked in real time.
Optimized for intraday strategies, scalping, and session-based planning.
Works best on assets with clear session behavior (e.g., forex, indices, major commodities).
⚠️ Disclaimer
This tool is intended for educational purposes. Always manage risk appropriately and use confluence with other analysis tools.
🔐 Copyright © KEY LEVELS TRADING
Option Range Projector PRO (with Alerts)Indicator Name: Option Range Projector PRO (with Alerts)
Short Description
This is a powerful and flexible tool for traders that visualizes expected price movement ranges based on option pricing principles and statistical deviations. The indicator plots standard deviation levels (Sigmas) and boundaries calculated from the price of an options Straddle, providing a unique insight into market volatility expectations.
It is ideal for options traders, as well as those who trade futures or spot assets and want to gain an edge by understanding where the market anticipates price boundaries on a specific date.
Core Concepts
The indicator is based on three key ideas:
Standard Deviation (Sigma, σ): In statistics, this is a measure of value dispersion. In trading, when applied to prices, standard deviation levels show the probable range within which the price is expected to remain until a specific date (expiration).
±1σ (1 Sigma): Approximately 68.2% probability that the price will stay within this range.
±2σ (2 Sigmas): Approximately 95.4% probability. These levels often act as strong support/resistance.
±3σ (3 Sigmas): Approximately 99.7% probability. Reaching these levels is a statistically rare event.
Implied Volatility (IV): This is a key component. IV is the market's forecast of the asset's future volatility. It is derived from current option prices and reflects how significant the price movements are expected to be by traders. The higher the IV, the wider the calculated ranges will be.
Straddle-Based Levels: A straddle is an options strategy involving the simultaneous purchase of a Call and a Put option with the same strike price and expiration date. The cost of this combination (Call + Put) directly reflects the market's expected price movement in points. Our indicator uses this value to construct alternative, highly accurate boundaries of the expected range.
Key Features
Flexible Expiration Choice: Easily switch between standard contracts (Weekly, Monthly, Quarterly) or set any custom number of days to expiration (DTE).
Dual Volatility Calculation Mode: Use automatic calculation based on historical data or enter a precise IV value manually (e.g., from your broker's terminal) for maximum accuracy.
Two Types of Predictive Levels: Visualize classic standard deviations (Sigmas) and/or levels calculated from the Straddle price for a comprehensive analysis.
Expiration Comparison: Enable the display of additional levels for a different expiration date to visually compare short-term and long-term market expectations.
"Greeks" Calculation: The indicator calculates and displays key option Greeks (Delta, Gamma, Theta, Vega), helping to deepen the understanding of an option position's characteristics.
Informative Table: All key data—ATM price, IV, DTE, level prices, Greeks, and option prices—are consolidated into one clear table for quick analysis.
Customizable Alerts: Get instant notifications directly in TradingView when the price crosses any of the important levels (±1σ, ±2σ, ±3σ).
Full Visual Customization: Control colors, line thickness, labels, and zone fills to adapt the indicator to your trading style.
How to Use (Settings)
Price Settings:
Auto-detect ATM Price: When enabled, the indicator will use the current closing price as the At-The-Money (ATM) price.
Manual ATM Price: If auto mode is disabled, you can set a precise ATM price manually.
Volatility Settings:
Auto-calculate IV: Calculates historical volatility over a specified period. Useful if you don't have access to real-time IV.
Manual IV Value: (Recommended for accuracy). Enter the Implied Volatility (IV) value for the desired strike from your brokerage terminal or analytical services here.
Expiration:
Contract Type: Choose one of the standard terms (Weekly, Monthly, Quarterly) or "Custom" to use a manual day input.
Days to Expiration: Active only for the "Custom" type.
Show Multiple Expirations: Enables a second set of levels with a different term for comparison.
Straddle Boundaries:
Use Manual Input: Allows you to enter the precise Call and Put Settle prices from the official exchange summary (e.g., from the CME website). This provides the most accurate boundaries based on real market prices.
Trading Ideas and Application
Mean Reversion Trading: The ±2σ and ±3σ levels often act as strong overbought/oversold zones. A price reaching these extreme values has a high statistical probability of reversing or correcting back towards the central ATM price.
Trend Confirmation and Breakouts: A confident close outside the ±1σ range can indicate the beginning of a strong directional move.
Risk Management: Use the levels to set stop-losses or determine profit targets. For example, when opening a trade near the +1σ level, you might consider a target at +2σ and place a stop-loss behind the ATM level.
Volatility Analysis: By comparing the width of the ranges for different expirations, you can assess how the market is pricing short-term versus long-term risks. A narrow range suggests low expectations, while a wide range indicates high ones.
Disclaimer: This indicator is an analysis tool and does not provide direct financial advice or trading signals. All trading decisions are your own. Use this indicator in conjunction with other analysis methods.
Dax 8:15am School run Target Lines V2 (lower TF) Taken from Tom Hougaard basic School run break out strategy. enabling me target exit points. Works best on a 7m break out i find. Close within range and close trade and usually an Anti.
PDLHM & Session Breaks,Fractals & Sweep Final Version 7.0This indicator contains Previous day low and 50% of Previous day with session breaks
Fractals and ICT potential reversal candles to identify the strength of buy and sellers.
Pristine Value Areas & MGIThe Pristine Value Areas indicator enables users to perform comprehensive technical analysis through the lens of the market profile in a fraction of the time! 🏆
A Market Profile is a charting technique devised by J. Peter Steidlmayer, a trader at the Chicago Board of Trade (CBOT), in the 1980's. He created it to gain a deeper understanding of market behavior and to analyze the auction process in financial markets. A market profile is used to analyze an auction using price, volume, and time to create a distribution-based view of trading activity. It organizes market data into a bell-curve-like structure, which reveals areas of value, balance, and imbalance.
Market Profile is our preferred method of technical analysis at Pristine Capital because it provides an objective look at which assets are being accumulated and distributed by institutional investors. Market Profile levels work remarkably well for identifying areas of interest, because so many institutional trading algorithms have been programmed to use these levels since the 1980's!
Market Profile helps traders identify key levels such as the value area, value area high and low and point of control (POC), which indicates where market participants are most engaged based on volume traded at a specific price. By focusing on this market-generated information, traders can develop a deeper understanding of price acceptance, rejection, and the development of trends or rotational behavior.
The benefits of using Market Profile include better trade location, improved risk management, and enhanced market context. It helps traders differentiate between trending and consolidating markets, identify high-probability trade setups, and adjust their strategies based on whether the market is in balance (consolidation) or imbalance (trending). Unlike traditional indicators that rely on past price movements, Market Profile provides real-time insights into trader behavior, giving an edge to those who can interpret its nuances effectively.
💠 How is a value area calculated?
A value area represents a distribution of trading volume over a specific time interval. The key reference points are as follows:
Value area low
Value area high
Point of Control
💠 Value Areas Insights
💠 Market Generated Information to Improve Your Situational Awareness!
Identifying an extreme price extension using MAx 👇
💠 What is Unique About This Indicator
💠 Historical Analysis
💠 Comprehensive Tooltips
Hover over header labels to get detailed information about the data and relevant calculations.
💠 Settings and Preferences
💠 Tips and Tricks
TR IndicatorStock Trend Analysis in any time frame
Inbuild Indicate
1) 9 Ema - Color Change In Trend
2) Extra 4 Ema
2) Super Trend
3) Ut Bot Alert
4) Support/ Resistance
5) Higher High/ Lower Low
6) Vwap
7) Peak Reaction Zones
8) Trend Lines V2
CDP - Counter-Directional-Pivot🎯 CDP - Counter-Directional-Pivot
📊 Overview
The Counter-Directional-Pivot (CDP) indicator calculates five critical price levels based on the previous day's OHLC data, specifically designed for multi-timeframe analysis. Unlike standard pivot points, CDP levels are calculated using a unique formula that identifies potential reversal zones where price action often changes direction.
⚡ What Makes This Script Original
This implementation solves several technical challenges that existing pivot indicators face:
🔄 Multi-Timeframe Consistency: Values remain identical across all timeframes (1m, 5m, 1h, daily) - a common problem with many pivot implementations
🔒 Intraday Stability: Uses advanced value-locking technology to prevent the "stepping" effect that occurs when pivot lines shift during the trading session
💪 Robust Data Handling: Optimized for both liquid and illiquid stocks with enhanced data synchronization
🧮 CDP Calculation Formula
The indicator calculates five key levels using the previous day's High (H), Low (L), and Close (C):
CDP = (H + L + C) ÷ 3 (Central Decision Point)
AH = 2×CDP + H – 2×L (Anchor High - Strong Resistance)
NH = 2×CDP – L (Near High - Moderate Resistance)
AL = 2×CDP – 2×H + L (Anchor Low - Strong Support)
NL = 2×CDP – H (Near Low - Moderate Support)
✨ Key Features
🎨 Visual Elements
📈 Five Distinct Price Levels: Each with customizable colors and line styles
🏷️ Smart Label System: Shows exact price values for each level
📋 Optional Value Table: Displays all levels in an organized table format
🎯 Clean Chart Display: Minimal visual clutter while maximizing information
⚙️ Technical Advantages
🔐 Session-Locked Values: Prices are locked at market open, preventing intraday shifts
🔄 Multi-Timeframe Sync: Perfect consistency between daily and intraday charts
✅ Data Validation: Built-in checks ensure reliable calculations
🚀 Performance Optimized: Efficient code structure for fast loading
💼 Trading Applications
🔄 Reversal Zones: AH and AL often act as strong turning points
💥 Breakout Confirmation: Price movement beyond these levels signals trend continuation
🛡️ Risk Management: Use levels for stop-loss and take-profit placement
🏗️ Market Structure: Understand daily ranges and potential price targets
📚 How to Use
🚀 Basic Setup
Add the indicator to your chart (works on any timeframe)
Customize colors for easy identification of support/resistance zones
Enable the value table for quick reference of exact price levels
📈 Trading Strategy Examples
🟢 Long Bias: Look for bounces at NL or AL levels
🔴 Short Bias: Watch for rejections at NH or AH levels
💥 Breakout Trading: Enter positions when price decisively breaks through anchor levels
↔️ Range Trading: Use CDP as the central reference point for range-bound markets
🎯 Advanced Strategy Combinations
RSI Integration for Enhanced Signals: 📊
📉 Oversold Bounces: Combine RSI below 30 with price touching AL/NL levels for high-probability long entries
📈 Overbought Rejections: Look for RSI above 70 with price rejecting AH/NH levels for short opportunities
🔍 Divergence Confirmation: When RSI shows bullish divergence at support levels (AL/NL) or bearish divergence at resistance levels (AH/NH), it often signals stronger reversal potential
⚡ Momentum Confluence: RSI crossing 50 while price breaks through CDP can confirm trend direction changes
⚙️ Configuration Options
🎨 Line Customization: Adjust width, style (solid/dashed/dotted), and colors
👁️ Display Preferences: Toggle individual levels, labels, and value table
📍 Table Position: Place the value table anywhere on your chart
🔔 Alert System: Get notifications when price crosses key levels
🔧 Technical Implementation Details
🎯 Data Reliability
The script uses request.security() with lookahead settings to ensure historical accuracy while maintaining real-time functionality. The value-locking mechanism prevents the common issue where pivot levels shift during the trading day.
🔄 Multi-Timeframe Logic
⏰ Intraday Charts: Display previous day's calculated levels as stable horizontal lines
📅 Daily Charts: Show current day's levels based on yesterday's OHLC
🔍 Consistency Check: All timeframes reference the same source data
🤔 Why CDP vs Standard Pivots?
Counter-Directional Pivots often provide more accurate reversal points than traditional pivot calculations because they incorporate the relationship between high/low ranges and closing prices more effectively. The formula creates levels that better reflect market psychology and institutional trading behaviors.
💡 Best Practices
💧 Use on liquid markets for most reliable results
📊 RSI Combination: Add RSI indicator for overbought/oversold confirmation and divergence analysis
📊 Combine with volume analysis for confirmation
🔍 Consider multiple timeframe analysis (daily levels on hourly charts)
📝 Test thoroughly in paper trading before live implementation
💪 Example Market Applications
NASDAQ:AAPL AAPL - Tech stock breakouts through AH levels
$NYSE:SPY SPY - Index trading with CDP range analysis
NASDAQ:TSLA TSLA - Volatile stock reversals at AL/NL levels
⚠️ This indicator is designed for educational and analytical purposes. Always combine with proper risk management and additional technical analysis tools.
E7T's S&D strategyE7T
A Smart Supply/Demand Indicator for Strategic Traders
This tool automatically detects high-probability reversal zones using:
- Adaptive Algorithms that adjust to market volatility (4H/30M optimized)
- Two-Stage Signals (S1 for early entries, S2 for confirmed setups)
- Volume-Verified triggers to filter false breakouts
- Self-Cleaning Zones that automatically expire when invalidated
Key Features:
_Smart Zone Detection - Finds meaningful S/D levels (not just random swings)
_Tactical Entries- Separate S1/S2 signals for different risk appetites
_Volatility-Adaptive - Auto-adjusts zone sizes to market conditions
_Anti-Clutter System - Only shows active, relevant zones
Perfect For:
- Traders who want institutional-grade supply/demand zones without manual drawing
- Those who combine price action with volume confirmation
- 30M-4H timeframe traders looking for high-quality reversal areas
Advanced Trading Suite | VipMarkersAdvanced Trading Suite | VipMarkers 🚀
Overview
Advanced Trading Suite (ATS) is a comprehensive technical indicator designed for professional traders that combines multiple technical analysis tools into a single solution. This multi-functional indicator provides advanced breakout analysis, supply and demand zones, Japanese candlestick patterns, Fibonacci levels, and volume analysis, all intelligently integrated to generate high-probability trading signals.
Key Features
🔍 Breakout Detection System
Automatic detection of dynamic trendlines
Multiple slope calculation methods (ATR, Standard Deviation, Linear Regression)
Clear visual signals for bullish and bearish breakouts
Extended trendlines with future projection
Optional anti-repainting system for real-time trading
📊 Supply and Demand Zones
Automatic identification of high volume concentration zones
Advanced price distribution analysis algorithm
Color-coded zones with adjustable transparency
Customizable volume accumulation thresholds
Configurable resolution for granular analysis
🕯️ Candlestick Pattern Recognition
Bullish Patterns: Three White Soldiers, Bullish Engulfing, Hammer, Piercing Line, Morning Star
Bearish Patterns: Three Black Crows, Bearish Engulfing, Hanging Man, Dark Cloud, Evening Star, Shooting Star
Contextual Validation: Patterns only activate when aligned with S/D zones or Fibonacci levels
Numbering System: Each pattern receives a unique ID for easy tracking
Pattern Table: Visual summary of all detected patterns
📈 Fibonacci Levels
Automatic Fibonacci retracement calculation
Golden Zone highlighted between 50% and 61.8%
Configurable period length
Customizable levels
Option to hide background for better clarity
🔊 Volume Indicator
High volume bar detection
Configurable multiple of average volume
Visual indicator at bottom of chart
Adjustable lookback period
⚡ Comprehensive Alert System
Bullish and bearish breakout alerts
High volume detection alerts
Bullish and bearish candlestick pattern alerts
Customizable notification settings
Parameter Configuration
Breakout Settings
ParameterRangeDefaultDescriptionSwing Detection Lookback1-5012Number of bars to detect pivotsSlope Multiplier0+1.0Trendline slope multiplierSlope Calculation MethodATR/Stdev/LinregATRSlope calculation methodEnable BackpaintingOn/OffOnEnable/disable repaintingShow Extended LinesOn/OffOnShow extended trendlines
Supply/Demand Settings
ParameterRangeDefaultDescriptionThreshold %0-1005.0Volume accumulation threshold to create zonesResolution2-50050Distribution analysis resolutionIntrabar TF-CurrentTimeframe for intrabar analysis
Volume Indicator
ParameterRangeDefaultDescriptionVolume Threshold0.5-101.8Multiple of average volumeVolume Lookback Period5-1005Period to calculate average volumeShow High Volume IndicatorOn/OffOnShow high volume indicator
Fibonacci Settings
ParameterRangeDefaultDescriptionFibonacci Length1-20020Period for Fibonacci calculationFibonacci Level 10-10050.0First Fibonacci level (%)Fibonacci Level 20-10061.8Second Fibonacci level (%)Hide Fibonacci BackgroundOn/OffOffHide Golden Zone background
Candle Patterns
ParameterDescriptionShow Candle PatternsEnable/disable pattern detectionShow Pattern TableShow pattern summary tableNumber Patterns on ChartNumber patterns on chart
Usage Instructions
1. Initial Setup
Add Indicator: Apply "Advanced Trading Suite | VipMarkers" to your chart
Select Timeframe: Works best on 5m, 15m, 1H, 4H timeframes
Configure Parameters: Adjust according to your trading style and market volatility
2. Signal Interpretation
Breakout Signals
Green "B": Bullish breakout - consider long positions
Red "B": Bearish breakout - consider short positions
Confirm with high volume and market context
Supply and Demand Zones
Green Zone (Demand): Potential support area - look for bullish bounces
Orange Zone (Supply): Potential resistance area - look for bearish rejections
Best signals when coinciding with candlestick patterns
Candlestick Patterns
Blue Candles with Yellow Border: Candlestick pattern detected
Numbers on Chart: Pattern ID (reference in table)
Pattern Table: Complete list of unique patterns detected
3. Trading Strategies
Confluence Strategy
Wait for 2-3 signal confluence:
Candlestick pattern + S/D Zone + Fibonacci
Breakout + High volume + Market context
Use as additional confirmation to your main analysis
Risk Management
Stop Loss: Place outside S/D zones or Fibonacci levels
Take Profit: Use next S/D zones as targets
Position Size: Reduce on lower confluence signals
4. Recommended Settings
For Day Trading (5m-15m)
Swing Lookback: 8-12
Volume Threshold: 2.0-2.5
Fibonacci Length: 14-20
For Swing Trading (1H-4H)
Swing Lookback: 12-20
Volume Threshold: 1.5-2.0
Fibonacci Length: 20-30
For Position Trading (D-W)
Swing Lookback: 15-25
Volume Threshold: 1.3-1.8
Fibonacci Length: 30-50
5. Alerts and Notifications
The indicator includes automatic alerts for:
Bullish and bearish breakouts
Candlestick pattern detection
High volume bars
Configurable through TradingView's alert panel
6. Optimization Tips
Performance
On lower timeframes, reduce S/D resolution (30-40)
For better performance, disable unused features
Use backpainting only for historical analysis
Accuracy
Combine with market structure analysis
Consider the asset's macro context
Validate signals with additional momentum indicators
Typical Use Cases
Scalping (1m-5m)
Focus on breakouts with high volume
Use candlestick patterns for precise entries
Targets at next S/D zones
Day Trading (15m-1H)
Combine all signals for high probability
Use Fibonacci Golden Zone as filter
Manage multiple positions based on confluences
Swing Trading (4H-D)
Focus on higher timeframe S/D zones
Use breakouts as trend confirmation
Candlestick patterns for entry timing
Advanced Features
Multi-Timeframe Analysis
Works across all timeframes
Automatic adaptation to market conditions
Scalable from scalping to position trading
Smart Pattern Detection
Context-aware pattern validation
Filters false signals in ranging markets
Prioritizes high-probability setups
Volume-Price Analysis
Combines volume with price action
Identifies institutional activity
Confirms breakout validity
Dynamic Fibonacci Levels
Auto-adjusting to market volatility
Golden Zone highlighting
Integration with other signals
Performance Metrics
Signal Quality
Accuracy: 65-75% in trending markets
Risk/Reward: Average 1:2 to 1:3 ratio
Frequency: 3-8 signals per day (1H timeframe)
Best Market Conditions
Trending Markets: Optimal performance
High Volatility: Increased signal frequency
News Events: Enhanced breakout detection
Troubleshooting
Common Issues
Too many signals: Increase thresholds and lookback periods
Missing signals: Decrease thresholds and check timeframe
False breakouts: Enable context validation features
Optimization Steps
Backtest on historical data
Adjust parameters gradually
Document successful configurations
Monitor performance regularly
Integration with Trading Systems
Manual Trading
Use as confirmation tool
Combine with support/resistance levels
Enhance with fundamental analysis
Automated Trading
All signals available for alert automation
Compatible with webhook systems
Structured output for algorithmic trading
Portfolio Management
Risk assessment through confluence scoring
Position sizing based on signal strength
Diversification across multiple setups
Limitations and Considerations
Not a complete system: Use as complementary tool
Requires experience: Better for traders with technical knowledge
Sideways markets: May generate false signals in prolonged ranges
Asset-specific tuning: Optimize parameters per asset and timeframe
Support and Updates
To get maximum performance from the indicator:
Test on demo account before live trading
Document successful configurations per asset
Adjust parameters according to market volatility changes
Combine with appropriate risk management
Best Practices
Start with default settings
Make gradual adjustments
Keep detailed trading journal
Regular performance review
Community Resources
Join user discussions
Share configuration tips
Report bugs and suggestions
Access video tutorials
Disclaimer: This indicator is a technical analysis tool. It does not constitute financial advice. Always practice proper risk management and test strategies in demo environments before applying to live trading.
Version: 6.0 | Compatibility: TradingView Pine Script v6 | Requirements: Premium account for protected script access
NQ Key Levels & Trend AnalysisThis indicator will plot the key high, low, current price (as a reference), and the identified support and resistance levels as horizontal lines. I'll also include a Simple Moving Average (SMA) to help visualize the intermediate trend.
NQ Key Levels & Trend Analysis version 1.0
Sri_Auto Fibonacci Sri_Auto Fibonacci is an advanced and original implementation of an automatic Fibonacci retracement plotting tool that uses price action pivots and volatility to dynamically draw key Fibonacci levels. Unlike static manual fib drawing, this tool automates the process by reacting to market structure using pivot detection logic and ATR-based deviation confirmation.
📐 What It Does
Detects major high/low pivot swings on a user-selected higher timeframe (default: Daily).
Uses ATR-based deviation threshold to avoid minor or noisy swings.
Automatically plots Fibonacci retracement levels (0, 0.236, 0.382, 0.5, 0.618, 0.786, 1.0).
Displays a dashed line connecting the two pivot points.
Draws horizontal lines and labels at each selected level.
Shows a status label if valid pivots are not yet found.
⚙️ User Inputs
Deviation % Multiplier: Adjusts the sensitivity based on ATR% to ignore small fluctuations.
Pivot Depth: Controls how many bars before/after a point are used to confirm a pivot.
Extend Lines Left/Right: Allows you to keep the levels visible into past/future bars.
Color Customization: Choose custom colors for each level.
Select Which Levels to Show: Toggle levels like 0.382 or 0.786 on/off based on preference.
🧠 How It Works
Pivot Detection
A price is considered a valid high/low pivot if it is the highest/lowest point within a lookback window (depth).
Deviation Filter
To avoid false pivots, the script calculates the % deviation between the new pivot and the last one using ATR/Close. Only when this exceeds a user-defined threshold, the new pivot is accepted.
Fibonacci Calculation
Once a valid new pivot is confirmed, the script draws levels between the latest two swings using the standard Fibonacci ratios.
✅ Key Features
Non-repainting logic for confirmed pivots
Works across all symbols and asset classes
Fully customizable and extendable
Clean, lightweight, and script-efficient
Built with Pine Script v5 standards
Uses request.security() to ensure pivot detection from the selected HTF
No proprietary or obfuscated code
📊 Best Use Cases
Identifying key retracement zones during pullbacks
Confirming support/resistance with fib confluence
Planning entries/exits around dynamic fib areas
Works well in swing trading setups
📌 Important Notes
This tool does not repaint once pivot structure is confirmed.
Designed as a support tool, not a signal generator.
Can be combined with RSI, MACD, volume, or price action for better confirmation.
📜 Disclaimer
This script is developed independently and shared publicly for educational and analytical use only. It is not intended to copy or infringe upon any commercial tool or proprietary indicator. Use at your own discretion. No investment advice is implied.
📧 For feedback or suggestions, feel free to connect through TradingView profile messages.
💡 Happy Trading!
Volume and the SMA plus one standard deviationThe 'Volume and the SMA plus one standard deviation' indicator is designed to help traders analyze market activity by visualizing volume dynamics. It plots the current volume alongside two key metrics:
1) The Simple Moving Average (SMA) of volume
2) The SMA plus one standard deviation, enabling traders to identify significant volume spikes that may signal potential price movements.
How It Works:
Volume (blue column): Displays the trading volume for each bar, highlighting periods of high or low market activity.
Basis Volume (orange Line): Represents the SMA of volume over a user-defined period (default: 20 bars). Volumes above this line indicate increased market activity.
SD2 Volume (dark blue Line): Shows the SMA plus one standard deviation of volume. Volumes exceeding this threshold suggest extreme activity, often associated with breakouts, reversals, or significant market events.
Trading Applications:
Confirming Breakouts: A volume spike above the SD2 Volume during a price breakout increases the likelihood of a sustained move. Use this to confirm entries in trend-following strategies.
Identifying Trend Strength: Volumes consistently above the Basis Volume signal strong market participation, supporting trend continuation trades.
Avoiding False Signals: Low volumes below the Basis Volume suggest consolidation or weak movements, helping traders avoid false breakouts or reversals.
Event Detection: Extreme volumes above SD2 Volume often coincide with news events or large player activity, prompting traders to prepare for volatility.
Settings:
Volume SMA Length (default: 20): Adjust the period for calculating the SMA and standard deviation. Shorter periods (e.g., 5–10) increase sensitivity for intraday trading, while longer periods (e.g., 20–50) suit higher timeframes.
Назначение: Индикатор 'Volume and the SMA plus one standard deviation' помогает трейдерам анализировать рыночную активность, визуализируя динамику объемов. Он отображает текущий объем торгов, скользящую среднюю (SMA) объема и SMA плюс одно стандартное отклонение. Позволяя выявлять значительные всплески объема, которые могут сигнализировать о потенциальных движениях цены.
Как работает:
Объем: Показывает объем торгов для каждого бара, выделяя периоды высокой или низкой активности рынка.
Basis Volume line: Представляет SMA объема за заданный период (по умолчанию: 20 баров). Объемы выше этой линии указывают на повышенную рыночную активность.
SD2 Volume line: Показывает SMA плюс одно стандартное отклонение объема. Объемы, превышающие этот уровень, свидетельствуют об экстремальной активности, часто связанной с пробоями, разворотами или значимыми событиями на рынке.
Применение в торговле:
Подтверждение пробоев: Всплеск объема выше SD2 Volume line во время пробоя цены увеличивает вероятность продолжения движения. Используйте для подтверждения входов в трендовые стратегии.
Оценка силы тренда: Объемы, стабильно превышающие Basis Volume line, сигнализируют о сильном участии игроков рынка, поддерживая сделки по тренду.
Избежание ложных сигналов: Низкие объемы ниже Basis Volume указывают на консолидацию или слабые движения, помогая избегать ложных пробоев или разворотов.
Обнаружение событий: Экстремальные объемы выше SD2 Volume часто совпадают с новостями или действиями крупных игроков, что побуждает трейдеров готовиться к волатильности.
Настройки:
Volume SMA Length (по умолчанию: 20)
Настройте период для расчета SMA и стандартного отклонения.
Меньшие значения (5–10) повышают чувствительность для внутридневной торговли.
Большие (20–50) подходят для старших таймфреймов.
Rotationt Strong HoldersRotation Indicator Explanation
The rotation indicator helps identify zones where stocks become too expensive to continue buying or too cheap for the market to keep ignoring.
For visual simplicity, I’ve created three bands on the indicator chart:
- Red (upper) band : Indicates the level above which the market perceives the stock as overpriced, leading to significantly fewer buyers and downward pressure on the price.
- Blue (middle) band : Represents equilibrium, where the stock is fairly valued based on all available market information.
- Green (lower) band : Marks the level below which the market sees the stock as undervalued, offering an excessive risk premium.
The large blue band shows the asset’s current position relative to these three key indicator bands.
Reversal Signals :
- If the large blue band moves above the red band , it’s a strong bearish signal , and only momentum is needed to trigger a reversal.
- If the large blue band drops below the green band , it’s a strong bullish signal , and only momentum is needed to start an upward reversal.
The blue (middle) band often acts as a trend continuation zone:
- After a bearish signal, crossing the blue band typically means the downtrend continues but at a slower pace.
- After a bullish signal, crossing the blue band usually results in a slower uptrend continuation.
Note: After a bullish/bearish signal, the market needs time to adjust—visible results typically appear within 90–100 days .
When the Indicator Performs Poorly :
There are two main scenarios:
1. Price is irrelevant due to poor asset quality (e.g., a near-bankrupt company). Even a steep price drop won’t attract buyers, as the risk premium becomes meaningless.
2. Price surges indefinitely due to extreme demand (e.g., hype-driven assets like AI-era Nvidia). The indicator struggles with top-20 market-cap stocks, as they’re often held regardless of price and resist rotation.
In most other cases, assets trade within a reasonable price range aligned with investor expectations.
Momentum as a Secondary Indicator :
Momentum enhances rotation analysis by pinpointing when the last impulse weakens and a reversal begins.
Auto Trendlines (Finviz Style)Oculus Auto Trendlines
Version 1.0 | Pine Script v6
Overview
Oculus Auto Trendlines automatically identifies and plots the most significant support and resistance trendlines by connecting the two most recent swing highs (resistance) and swing lows (support) over a user-defined pivot lookback. Each line extends dynamically to the right, recalculates in real time, and self-invalidates when price decisively breaks beyond it by a configurable tolerance.
Key Features
Automatic Pivot Detection
Uses ta.pivothigh and ta.pivotlow over your chosen bar span to pinpoint significant market turning points.
Dynamic Trendline Drawing
Connects the last two valid pivots to form support and resistance lines that update and extend to the right each bar.
Break-Triggered Refresh
When price closes beyond a drawn trendline by more than the break tolerance, that line is removed and a new one is drawn from the next valid pivots.
Configurable Sensitivity
Pivot Lookback: Number of bars on each side to define swings.
Break Tolerance: Percentage buffer to prevent false invalidations on minor wicks.
Clean Overlay
Minimal code and plotting ensures your chart remains uncluttered—only one support and one resistance line are visible at any time.
How to Use
Add to Chart: Apply “Oculus Auto Trendlines” to any symbol and timeframe.
Set Inputs:
Pivot Lookback: Larger values produce smoother, longer-term lines; smaller values react faster to recent price.
Break Tolerance (%): Adjust to allow for minor wicks or noise without resetting lines.
Read Trendlines:
The red resistance line connects the two most recent swing highs.
The green support line connects the two most recent swing lows.
Lines automatically redraw when invalidated by a clean break beyond tolerance.
Combine with Other Analysis: Use these auto-drawn trendlines alongside indicators like moving averages, volume, or price patterns for stronger confluence.
Inputs
Pivot Lookback: 10 (bars each side)
Break Tolerance (%): 0.2%
Version History
1.0 – Initial release with real-time pivot detection, auto-updating trendlines, and break validation.
Disclaimer
This indicator is provided for educational purposes. Always backtest settings on historical data, verify trendline relevance, and apply proper risk management before trading live.
RJ Trend TradeRJ Trend Trade
Summary
The RJ Trend Trade indicator is a comprehensive trading tool designed to identify trend-based opportunities using a combination of a lagging Parabolic SAR and Bill Williams Fractals. It provides clear visual signals for entries, take-profits, re-entries, and exits directly on your chart. With a built-in ATR-based stop loss and a fully configurable alert system, this indicator is built to be a complete framework for discretionary or systematic traders.
Core Strategy
The indicator's logic is built upon two robust technical concepts:
Lagging Parabolic SAR (PSAR) for Trend Direction and Entries/Exits: The core trend direction and primary entry/exit signals are determined by a crossover between the price and a lagging PSAR. A cross of the lagging PSAR above the high signals a potential buy entry, while a cross below the low signals a potential sell entry. The reverse crossovers act as the primary exit signals, indicating a potential trend reversal.
Bill Williams Fractals for Take-Profit (TP) and Re-Entries (RE): Once a trade is active, the indicator uses breakouts of recent Bill Williams Fractals to identify tactical opportunities.
Take-Profit (TP): When price breaks a fractal in the direction of the trend (e.g., breaks a higher-high fractal in an uptrend), it signals a potential area to take partial or full profits.
Re-Entry (RE): When price breaks a fractal against the primary trend (e.g., breaks a higher-high fractal during a downtrend), it can signal a potential re-entry point to add to the position, often at a more favorable price.
Key Features
Clear Visual Signals: Displays easy-to-read labels on the chart for all key trading events:
BUY / SELL: Main entry signals.
TP: Take-Profit signals.
RE: Re-Entry signals.
EXIT: Trend reversal exit signals based on PSAR.
SL: Stop Loss hit signals.
ATR-Based Stop Loss: Includes an optional, fully configurable Average True Range (ATR) stop loss to help manage risk from the moment a position is opened.
Comprehensive Alert System: Every single signal generated by the indicator (Buy, Sell, TP, RE, Exit, and SL) can be used to create a custom alert in TradingView. This allows for seamless integration with mobile notifications, email, or webhook-based automation.
Highly Customizable: Provides a detailed settings menu to fine-tune every aspect of the strategy, including PSAR parameters, Fractal lookbacks, and signal visibility.
Position Direction Control: Easily configure the indicator to show Buy & Sell, Buy Only, or Sell Only signals to match your market bias.
How to Use
Entry Signals: Look for BUY (green label below a candle) or SELL (red label above a candle) signals to initiate a trade. These appear when the lagging PSAR indicates a new trend may be starting.
Managing the Trade:
Take-Profit (TP): When a TP label appears, consider taking some profit off the table.
Re-Entry (RE): When an RE label appears, it suggests a potential opportunity to add to your existing position.
Stop Loss (SL): The red line indicates your ATR-based stop loss level. If the price touches this line, an SL label will appear, and the indicator will automatically close the conceptual trade.
Exit Signals: An EXIT label (based on the PSAR reversing) signals that the primary trend may have ended, and it is time to close the position.
Setting Up Alerts
This indicator is designed for full alert integration.
Add the indicator to your chart.
Click the 'Alert' button in TradingView's top toolbar.
In the 'Condition' dropdown, select "RJ Trend Trade".
In the second dropdown, choose the specific signal you want an alert for (e.g., "Enter-Buy", "TP-Sell", "StopLoss-Buy").
Configure your notification preferences and click "Create".
Disclaimer: This indicator is a tool for technical analysis and should not be considered financial advice. All trading involves risk. Please backtest this indicator thoroughly and use proper risk management before trading with real capital.