Psych LevelWhat it shows:
This indicator will show a horizontal line at a psychological value which can be user defined. (Psychological values are round numbers, like 10,50,100,1000 and so on...)
At these Psychological value there are often limit orders placed for both buying and selling and can often act as support and resistances.
Therefore it is useful to pre-draw these levels beforehand and this indicator will speed up the process doing so by adjusting few different settings and draw them automatically.
How to use it:
At these Psychological value there are often limit orders placed for both buying and selling and can often act as support and resistances. This is often the case when you look at limit orders at such levels on bookmap or level 2 data.
At these psychological levels it can be set as a target of your trade or as risk levels when taking a trade in either of direction. Obviously this alone shouldn't dictate the trade you should take but can be a valuable info to supplement your trade.
On the chart it is clear to see these psychological level lines are acting as resistances/supports.
Key settings:
Interval: Interval levels will be drawn for, between the minimum and maximum values inputted by the user. Minimum value allowed is 1.
Min. value: Minimum value of Psychological level that will be drawn. Minimum value allowed is 1.
Max value: Maximum value of Psychological level that will be drawn. Minimum value allowed is 1.
Line colour: Colour of line drawn.
Line width: Width of line drawn.
Line style: Style of line drawn, either solid, dotted or dashed.
Label offset: Offset of where where label will be, measured from current bar. Offset of 0 will be drawn at current bar location, any positive number will move to the right by the set amount.
Text Colour: Colour of label text
Text size: Size of label text
Example: Chart here shows setting for minimum value as 100, maximum value as 140 and interval as 5. In this setting lines will be automatically drawn at: 100,105,110,115,120,125,130,145 and 140.
The flexibility of user defined max/min and interval values allows to be accommodated for price with different price tags, including stocks under $10.
----------------------------------------------------------------------
If anything is not clear please let me know!
Pontos e níveis de pivô
MTF Fibonacci Pivots with Mandelbrot FractalsMTF Fibonacci Pivots with Mandelbrot Fractals: Advanced Market Structure Analysis
Overview
The MTF Fibonacci Pivots with Mandelbrot Fractals indicator represents a significant advancement in technical analysis by combining multi-timeframe Fibonacci pivot levels with sophisticated fractal pattern recognition. This powerful tool identifies key support and resistance zones while predicting potential price reversals with remarkable accuracy.
Key Capabilities
This indicator provides traders with three distinct layers of market structure analysis:
Automatic Timeframe Adaptation: The primary pivot set automatically adjusts to your chart's timeframe, ensuring relevant support and resistance levels for your specific trading horizon.
1-Year Fibonacci Pivots: The second layer displays yearly pivots that reveal long-term market cycles and institutional price levels that often act as significant reversal points.
3-Year Fibonacci Pivots: The third layer unveils major market structure zones that typically remain relevant for extended periods, offering strategic context for position trading and long-term investment decisions.
Predictive Technology
What truly distinguishes this indicator is its advanced predictive capability powered by:
Mandelbrot Fractal Pattern Recognition: The indicator implements a sophisticated fractal detection algorithm that identifies recurring price patterns across multiple timeframes. Unlike conventional fractal indicators, it incorporates noise filtering and adaptive sensitivity to market volatility.
Tesla's 3-6-9 Principle Integration: The system incorporates Nikola Tesla's mathematical principle through a cubic Mandelbrot equation (Z_{n+1} = Z_n^3 + C where Z_0 = 0), creating a unique approach to pattern recognition that aligns with natural market rhythms.
Historical Pattern Matching: When a current price pattern exhibits strong similarity to historical formations, the indicator generates predictive targets with confidence ratings. Each prediction undergoes rigorous validation against multiple parameters including trend alignment, volatility context, and mathematical coherence.
Visual Intelligence System
The indicator's visual presentation enhances trading decision-making through:
Confidence-Based Visualization: Predictions display with intuitive star ratings, percentage confidence scores, and contextual information including price movement magnitude and estimated time to target.
Adaptive Color Harmonization: The color system intelligently adjusts to provide optimal visibility while maintaining a professional appearance suitable for any chart setup.
Trend Alignment Indicators: Each prediction includes references to the broader trend context, helping traders avoid counter-trend trades unless the reversal signal carries exceptional strength.
Strategic Applications
This indicator excels in multiple trading scenarios:
Intraday Trading: Identify high-probability reversal zones with precise timing
Swing Trading: Anticipate significant market turns at key structural levels
Position Trading: Recognize major cycle shifts for strategic entry and exit
The automatic 1-year and 3-year Fibonacci pivots provide institutional-grade reference points that typically define major market movements. These longer timeframes reveal critical zones that might be invisible on shorter-term analysis, giving you a significant edge in understanding where price is likely to encounter substantial buying or selling pressure.
This innovative approach to market analysis combines classical Fibonacci mathematics with cutting-edge fractal theory to create a comprehensive market structure visualization system that illuminates both present support/resistance levels and future price targets with exceptional clarity.
Setting Up MTF Fibonacci Pivots with Mandelbrot Fractals
Initial Setup
Adding this indicator to your TradingView charts is straightforward:
Navigate to the "Indicators" button on your chart toolbar
Search for "MTF Fibonacci Pivots with Mandelbrot Fractals"
Select the indicator to add it to your chart
A configuration panel will appear with various setting categories
Recommended Settings
The indicator comes pre-configured with optimal default settings, but you may want to adjust them based on your trading style:
For Day Trading (Timeframes 1-minute to 1-hour)
Pivots Timeframe 1: Auto (automatically adapts to your chart)
Pivots Timeframe 2: Daily
Pivots Timeframe 3: Weekly
Fractal Sensitivity: 2-3
Fractal Lookback Period: 20
Prediction Strength: 2
Color Theme: High Contrast or Dark Mode
For Swing Trading (Timeframes 4-hour to Daily)
Pivots Timeframe 1: Daily
Pivots Timeframe 2: Weekly
Pivots Timeframe 3: Monthly
Fractal Sensitivity: 1-2
Fractal Lookback Period: 30
Prediction Strength: 2-3
Color Theme: Default or Dimmed
For Position Trading (Timeframes Daily to Weekly)
Pivots Timeframe 1: Weekly
Pivots Timeframe 2: Monthly
Pivots Timeframe 3: Quarterly
Fractal Sensitivity: 1
Fractal Lookback Period: 50
Prediction Strength: 1
Color Theme: Monochrome or Pastel
Restoring Default Settings
If you've adjusted settings and wish to return to the defaults:
Right-click on the indicator name on your chart
Select "Settings" from the context menu
In the settings dialog, look for the "Reset All" button at the bottom
Confirm the reset when prompted
Alternatively, you can remove the indicator and add it again for a fresh start with default settings.
Advanced Settings Guidance
Visual Appearance
Use Gradient Colors: Enable for better visual differentiation between pivot levels
Color Transparency: 15% provides an optimal balance between visibility and chart clutter
Line Width: 1-2 for cleaner charts, 3+ for enhanced visibility
Fractal Analysis
Enable Fractal Analysis: Keep enabled for prediction capabilities
Fractal Box Spacing: Higher values (5-10) for cleaner displays, lower values (1-3) for more signals
Maximum Forecast Bars: 20 is optimal for most timeframes, adjust higher for longer predictions
Performance Considerations
Enable Self-Optimization: Keep enabled to maintain smooth chart performance
Resource Priority: Use "Balanced" for most computers, "Performance" for older systems
Force Pivot Display: Enable only when checking specific historical periods
Common Setup Mistakes to Avoid
Setting all timeframes too close together (e.g., Daily, Daily, Weekly) reduces the multi-timeframe advantage
Using high fractal sensitivity (4+) on noisy markets creates excessive signals
Setting fractal box spacing too low causes cluttered prediction boxes
Disabling self-optimization may cause performance issues on complex charts
Using incompatible color themes for your chart background reduces visibility
The indicator's power comes from its default 1-year and 3-year Fibonacci pivot settings, which highlight institutional levels while the auto-timeframe setting adapts to your trading horizon. These carefully balanced defaults provide an excellent starting point for most traders.
For optimal results, I recommend making minimal adjustments at first, then gradually customizing settings as you become familiar with the indicator's behavior in your specific markets and timeframes.
Screenshots:
Simple Market Structure by TomSimple Market Structure by Tom is a clean and efficient trading indicator designed to visually map market structure with ease. It identifies swing highs/lows, break of structure (BOS), and change of character (CHoCH), helping traders analyze price action with precision.
Key Features & Selling Points:
✅ Dual Market Structure Tracking – Supports two independent market structures (MS1 & MS2) with customizable swing lengths.
✅ Customizable BOS & CHoCH Lines – Adjust line styles (solid, dashed, dotted) for clarity.
✅ Toggle BOS & CHoCH Labels – Choose to display BOS & CHoCH labels or keep the chart minimalistic.
✅ Adjustable Structure Icons – Customize icon size and visibility for a cleaner chart experience.
✅ Minimalistic & Adaptable – Easily toggle between a detailed structure breakdown or a simple price action view.
Perfect for price action traders, and swing traders looking to enhance their market structure analysis. 🎯
Live SessionsLive sessions plots the highs and lows of the previous for sessions.
It also marks when these are broken by price.
Default Time Frames are:
London Session = "0000-0600", "UTC-4"
New York Session = "0830-1230", "UTC-4"
Asia Session = "1800-0000", "UTC-4"
New York Close Session = "1330-1630", "UTC-4"
Useful for highlighting when price has gone through a previous session high or low and quickly seeing where liquidity still lies.
Highs, Lows & SessionsHigh Low & Sessions Indicator - Purpose & Usage
The High Low & Sessions indicator is designed to provide key price levels and session-based market insights to help traders make informed decisions. It focuses on daily highs/lows, weekly highs/lows, and major trading sessions to identify support, resistance, and volatility patterns.
Key Functions of the High Low & Sessions Indicator:
Tracks Daily & Weekly Highs and Lows
Previous Day’s High & Low: Helps traders identify breakout points and potential reversals.
Previous Week’s High & Low: Provides key resistance/support levels for swing trading strategies.
Trading Session Zones
London Session: High volatility, often setting the daily trend.
New York Session: Strong liquidity, continuation or reversal of the London move.
Asian Session (Tokyo & Sydney): Lower volatility, potential accumulation phase.
Daily Open Rangethis indicator draw the open of the day with a box of high and low ( +1 and -1 ) automatically , you have the ability to select which hour you want to to draw from the inputs and you have the ability to change the style of the range as well
OANDA:XAUUSD
Fibonacci - DolphinTradeBot
OVERVIEW
The 'Fibonacci - DolphinTradeBot' indicator is a Pine Script-based tool for TradingView that dynamically identifies key Fibonacci retracement levels using ZigZag price movements. It aims to replicate the Fibonacci Retracement tool available in TradingView’s drawing tools. The indicator calculates Fibonacci levels based on directional price changes, marking critical retracement zones such as 0, 0.236, 0.382, 0.5, 0.618, 0.786, and 1.0 on the chart. These levels are visualized with lines and labels, providing traders with precise areas of potential price reversals or trend continuation.
HOW IT WORKS ?
The indicator follows a zigzag formation. After a large swing movement, when new swings are formed without breaking the upper and lower levels, it places Fibonacci levels at the beginning and end points of the major swing movement."
▪️(Bullish) Structure :High → HigherLow → LowerHigh
▪️(Bearish) Structure :Low → LowerHigh → HigherLow
▪️When Fibonacci retracement levels are determined, a "📌" mark appears on the chart.
▪️If the price closes outside of these levels, a "❌" mark will appear.
USAGE
This indicator is designed to plot Fibonacci levels within an accumulation zone following significant price movements, helping you identify potential support and resistance. You can adjust the pivot periods to customize the zigzag settings to your preference. While classic Fibonacci levels are used by default, you also have the option to input custom levels and assign your preferred colors.
Set the Fibonacci direction option to "upward" to detect only bullish structures, "downward" to detect only bearish structures, and "both" to see both at the same time.
"To view past levels, simply enable the ' Show Previous Levels ' option, and to display the zigzag lines, activate the ' Show Zigzag ' setting."
ALERTS
The indicator, by default, triggers an alarm when both a level is formed and when a level is broken. However, if you'd like, you can select the desired level from the " Select Level " section in the indicator settings and set the alarm based on one of the conditions below.
▪️ cross-up → If the price breaks the Fibonacci level to the upside.
▪️ cross-down → If the price breaks the Fibonacci level to the downside.
▪️ cross-any → If the price breaks the Fibonacci level in any direction.
Key Levels by MoneyTribe21This custom script provides real-time tracking of key market price levels, helping traders identify critical support and resistance zones. It dynamically updates throughout the trading session, making it ideal for intraday trading, breakout strategies, and market structure analysis.
Features:
Real-Time Tracking of Key Price Levels:
ATH (All-Time High): Tracks the highest price ever reached for the asset.
PDH (Previous Day High): Marks the high of the last trading day,
PDL (Previous Day Low): Marks the low of the last trading day, serving as dynamic support.
Resistance Level: Based on the current day’s high, signaling potential price rejection points.
Support Level: Based on the current day’s low, indicating potential price bounces.
Daily Open Price: Tracks the exact market open price at the start of the trading session.
Works Across All Timeframes:
Designed for intraday, swing, and long-term trading.
Automatically adjusts levels for Forex, Stocks, Crypto, and Indices.
Fully Customizable Settings:
Modify line colors, thickness, and styles for better chart readability.
Enable/disable specific levels based on trading preference.
Works on all TradingView-compatible brokers and platforms.
How to Use This Indicator:
Breakout & Reversal Trading:
If price breaks above PDH, it may indicate bullish momentum.
If price breaks below PDL, it may signal a bearish continuation.
ATH levels can act as strong resistance zones—watch for breakouts or rejection.
Dynamic Support & Resistance:
Resistance Level (Current Day High): If price fails to break, it may signal a reversal.
Support Level (Current Day Low): If price bounces off, it may confirm a strong uptrend.
Daily Open for Trend Confirmation:
Above Daily Open: Market sentiment is bullish.
Below Daily Open: Market sentiment is bearish.
Customization Options:
Toggle individual price levels ON/OFF for a clutter-free chart.
Customize colors, line styles, and alerts for better visualization.
Set alerts for breakouts & retests of key levels.
Ideal for Traders Who:
Want high-probability support & resistance zones in real-time.
Trade breakouts, reversals, or trend continuations.
Use market structure analysis for informed decision-making.
Need automatic price tracking instead of drawing levels manually.
Compatible with all TradingView timeframes & assets (Forex, Stocks, Crypto, Indices).
Designed for both beginner and advanced traders.
Add this indicator to your chart and start tracking key levels instantly.
Major Support and Resistance Price LevelsThis indicator is to be used to automatically plot Major Support and Resistance Price Levels. This is not a TREND support/resistance identifier. This is strictly for auto-plotting historically important price levels.
I would suggest adjusting the support/resistance filter before adjusting the sensistivity levels as I've testing out the setting quite a bit, but as always, do what works best for your chart.
If there is an input that you would like to have me add, let me know and I'll see what I can do.
Things to Consider:
Currently this works best on the 4H through 3D chart for Identifying major price levels; however lower timeframes do still work. Because of the large swings that can be typical when coming from Afterhours trading into Market hours, timeframes under 2H can create some false positives. This is obviously not as much of an issue on crypto or forex.
I will be working on allowing lower or higher timeframes with this indicator in order to circumvent the need to jump back to other timeframes and reference them if they are under that 2h threshold.
Future Updates:
Plotting different timeframe's results on a lower or higher timeframe.
Liquidity Zones [ActiveQuants]The Liquidity Zones indicator detects price areas where high trading volume coincides with below-average volatility , critical zones where large players often accumulate or distribute positions. Ideal for spotting potential reversal points and strategic liquidity pools.
Core Detection Formula
Liquidity Zone = (Volume > SMA(Volume, Length) × Multiplier) AND (Short-Term Volatility < 0.5 × Average Volatility)
Volume Surge Detection
Compares current volume to its SMA (user-defined length).
Multiplies threshold with " Volume Threshold Multiplier " parameter.
Volatility Contraction Filter
Calculates 5-bar volatility (standard deviation of closes).
Compares to average volatility over " Price Std. Dev. Length " period.
Requires short-term volatility < 50% of average.
█ KEY FEATURES
Merging Consecutive Zones
If the " Merge Consecutive Zones " option is enabled, the indicator will:
Calculate the number of consecutive bars that meet the liquidity zone criteria.
Sum the volume of these consecutive bars.
Display only the most recent label for the merged zone (previous labels in the sequence are removed).
Displays volume in either
Raw units (" Units ").
Dollar-equivalent (" Currency Value ") using closing price.
Alerts
An alert condition is built into the script. Traders can selectively enable alerts via TradingView’s alert system. Whenever a liquidity zone is detected, an alert is triggered with the message: " High-volume and low-volatility zone detected! ".
█ USER INPUTS
- Liquidity Zones Color
Sets the background color for liquidity zones.
Default: Orange (with 70 transparency).
- Volume SMA Length
Determines the number of bars over which the volume simple moving average is calculated.
Default: 20 bars.
- Volume Threshold Multiplier
Multiplies the volume SMA to establish a threshold. A bar’s volume must exceed this product to be considered high volume.
Default: 2.0.
- Price Std. Dev. Length
The period used to calculate the standard deviation of the closing prices. This is the basis for measuring average volatility.
Default: 14 bars.
- Zone Volume
A toggle to display a label with the volume value on liquidity zones.
Allows you to choose how the volume is displayed: Units (shows raw volume) or Currency Value (multiplies volume by the current closing price).
Allows you to choose the font size of the volume label.
- Merge Consecutive Zones
When enabled, volumes from consecutive liquidity zones are summed into a single total, and only the most recent label is displayed (previous labels in the sequence are removed).
Default: Enabled.
- Show Last
Specifies the number of bars back that the indicator will evaluate and plot liquidity zones.
Default: 500 bars.
- Timeframe
Analysis period.
Default: Chart.
█ CONCLUSION
The Liquidity Zones indicator is a powerful tool for traders seeking to identify key areas on the chart where liquidity is concentrated, characterized by high volume and low volatility . With customizable settings for volume analysis and volatility measurement , this indicator can be integrated into a wide range of trading strategies. It not only highlights these zones visually but also provides volume data labels and alerts for timely decision-making.
█ IMPORTANT NOTES
⚠ Volume and Volatility Settings: Adjust the Volume SMA Length , Volume Threshold Multiplier , and Price Std. Dev. Length to suit the typical trading volume and volatility of the asset you are analyzing.
⚠ Confirmed Bars Only: Signals are generated only on confirmed bars. This minimizes false signals due to intra-bar noise and also prevents indicator repainting .
⚠ Risk Management: Liquidity zones may signal areas of potential accumulation or distribution, but they should be used in conjunction with other technical analysis tools (e.g., support/resistance levels, trendlines, or momentum indicators). Trading involves risk, and it is recommended to combine this indicator with proper risk management techniques.
█ RISK DISCLAIMER
Trading involves substantial risk of loss. Liquidity zones indicate potential interest areas but don't guarantee price reactions. Always confirm with additional analysis and proper risk management. Past performance is not indicative of future results.
📈 Happy trading! 🚀
New York Open LinesThis indicator marks key New York trading session opens on the chart. It draws horizontal lines at the New York Midnight Open (00:00 NY time) and the New York Economic Open (08:30 NY time) prices.
Key Features:
1) Customizable Line Styles & Colors:
* Users can choose between solid, dotted, or dashed lines.
* Colors are customizable for each open level.
2) Timeframe-Based Logic:
* For timeframes above 30 minutes:
- It retrieves the midnight (NYMO) and 8:30 AM (ETO) open prices using request.security_lower_tf().
- The script ensures the price is stored only once per day.
* For 30-minute timeframes and below:
- The script draws lines at the exact open prices as bars appear.
3) Line Management:
* The lines extend for 24 hours from the open.
* The previous day's lines are removed to keep the chart clean.
4) Session Reset:
* At the start of a new trading day, the stored NYMO and ETO prices reset to na to prepare for the next session.
This helps traders quickly identify key New York session levels, often used for support, resistance, and breakout trading strategies.
PVSRA v5Overview of the PVSRA Strategy
This strategy is designed to detect and capitalize on volume-driven threshold breaches in price candles. It operates on the premise that when a high-volume candle breaks a critical price threshold, not all orders are filled within that candle’s range. This creates an imbalance—similar to a physical system being perturbed—causing the price to revert toward the level where the breach occurred to “absorb” the residual orders.
Key Features and Their Theoretical Underpinnings
Dynamic Volume Analysis and Threshold Detection
Volume Surges as Market Perturbations:
The script computes a moving average of volume over a short window and flags moments when the current volume significantly exceeds this average. These surges act as a perturbation—injecting “energy” into the market.
Adaptive Abnormal Volume Threshold:
By calculating a dynamic abnormal threshold using a daily volume average (via an 89-period VWMA) and standard deviation, the strategy identifies when the current volume is abnormally high. This mechanism mirrors the idea that when a system is disturbed (here, by a volume surge), it naturally seeks to return to equilibrium.
Candle Coloring and Visual Signal Identification
Differentiation of Candle Types:
The script distinguishes between bullish (green) and bearish (red) candles. It applies different colors based on the strength of the volume signal, providing a clear, visual representation of whether a candle is likely to trigger a price reversion.
Implication of Unfilled Orders:
A red (bearish) candle with high volume implies that sell pressure has pushed the price past a critical threshold—yet not all buy orders have been fulfilled. Conversely, a green (bullish) candle indicates that aggressive buying has left pending sell orders. In both cases, the market is expected to reverse toward the breach point to restore balance.
Trade Execution Logic: Normal and Reversal Trades
Normal Trades:
When a high-volume candle breaches a threshold and meets the directional conditions (e.g., a red candle paired with price above a daily upper band), the strategy enters a trade anticipating a reversion. The underlying idea is that the market will move back to the level where the threshold was crossed—clearing the residual orders in a manner analogous to a system following the path of least resistance.
Reversal Trades:
The strategy also monitors for clusters of consecutive signals within a short lookback period. When multiple signals accumulate, it interprets this as the market having overextended and, in a corrective move, reverses the typical trade direction. This inversion captures the market’s natural tendency to “correct” itself by moving in discrete, quantized steps—each step representing the absorption of a minimum quantum of order imbalance.
Risk and Trade Management
Stop Loss and Take Profit Buffers:
Both normal and reversal trades include predetermined buffers for stop loss and take profit levels. This systematic risk management approach is designed to capture the anticipated reversion while minimizing potential losses, aligning with the idea that market corrections follow the most energy-efficient path back to equilibrium.
Symbol Flexibility:
An option to override the chart’s symbol allows the strategy to be applied consistently across different markets, ensuring that the volume and price dynamics are analyzed uniformly.
Conceptual Bridge: From Market Dynamics to Trade Execution
At its core, the strategy treats market price movements much like a physical system that seeks to minimize “transactional energy” or inefficiency. When a price candle breaches a key threshold on high volume, it mimics an injection of energy into the system. The subsequent price reversion is the market’s natural response—moving in the most efficient path back to balance. This perspective is akin to the principle of least action, where the system evolves along the trajectory that minimizes cumulative imbalance, and it acknowledges that these corrections occur in discrete steps reflective of quantized order execution.
This unified framework allows the PVSRA strategy to not only identify when significant volume-based threshold breaches occur but also to systematically execute trades that benefit from the expected corrective moves.
ST_HTF_EMA### **ST_HTF_EMA – Higher Timeframe EMA Overlay**
#### **Description:**
The **ST_HTF_EMA** indicator plots a **21-period Exponential Moving Average (EMA)** from a **higher timeframe** onto the current chart. This allows traders to track key trend levels from a larger perspective while trading on a lower timeframe.
#### **Features:**
- **Customizable Timeframe:** The EMA is sourced from a user-defined timeframe (default: **5-minute**).
- **EMA Calculation:** Uses the **21-period EMA** for smoothing price action and identifying trend direction.
- **Envelope Bands (Optional):** A **0.75% envelope** can be toggled on to create upper and lower bands around the EMA for potential dynamic support/resistance zones.
- **Overlay on Chart:** The EMA and envelope bands are plotted directly on the price chart for easy visibility.
#### **How to Use:**
- Use the **EMA as a trend guide**—price above the EMA suggests bullish momentum, while price below indicates bearish momentum.
- Enable the **envelope bands** (if needed) to spot price deviations from the mean for possible reversal or continuation trades.
#### **Customization:**
- Modify the **timeframe** to adapt the EMA to different market structures.
- Adjust the **envelope percentage** to fine-tune sensitivity.
#### **Visuals:**
- The **EMA is plotted in yellow** for clear visibility.
- **Envelope bands (if enabled)** appear in yellow, with a subtle background highlight.
This indicator is ideal for traders who rely on **higher timeframe trend confirmation** while making decisions on lower timeframes. 🚀
DTFX Algo Zones [SamuraiJack Mod]CME_MINI:NQ1!
Credits
This indicator is a modified version of an open-source tool originally developed by Lux Algo. I literally modded their indicator to create the DTFX Algo Zones version, incorporating additional features and refinements. Special thanks to Lux Algo for their original work and for providing the open-source code that made this development possible.
Introduction
DTFX Algo Zones is a technical analysis indicator designed to automatically identify key supply and demand zones on your chart using market structure and Fibonacci retracements. It helps traders spot high-probability reversal areas and important support/resistance levels at a glance. By detecting shifts in market structure (such as Break of Structure and Change of Character) and highlighting bullish or bearish zones dynamically, this tool provides an intuitive framework for planning trades. The goal is to save traders time and improve decision-making by focusing attention on the most critical price zones where market bias may confirm or reverse.
Logic & Features
• Market Structure Shift Detection (BOS & CHoCH): The indicator continuously monitors price swings and marks significant structure shifts. A Break of Structure (BOS) occurs when price breaks above a previous swing high or below a swing low, indicating a continuation of the current trend. A Change of Character (ChoCH) is detected when price breaks in the opposite direction of the prior trend, often signaling an early trend reversal. These moments are visually marked on the chart, serving as anchor points for new zones. By identifying BOS and ChoCH in real-time, the DTFX Algo Zones indicator ensures you’re aware of key trend changes as they happen.
• Auto-Drawn Fibonacci Supply/Demand Zones: Upon a valid structure shift, the indicator plots a Fibonacci-based zone between the breakout point and the preceding swing high/low (the source of the move). This creates a shaded area or band of Fibonacci retracement levels (for example 38.2%, 50%, 61.8%, etc.) representing a potential support zone in an uptrend or resistance zone in a downtrend. These supply/demand zones are derived from the natural retracement of the breakout move, highlighting where price is likely to pull back. Each zone is essentially an auto-generated Fibonacci retracement region tied to a market structure event, which traders can use to anticipate where the next pullback or bounce might occur.
• Dynamic Bullish and Bearish Zones: The DTFX Algo Zones indicator distinguishes bullish vs. bearish zones and updates them dynamically as new price action unfolds. Bullish zones (formed after bullish BOS/ChoCH) are typically highlighted in one color (e.g. green or blue) to indicate areas of demand/support where price may bounce upward. Bearish zones (formed after bearish BOS/ChoCH) are shown in another color (e.g. red/orange) to mark supply/resistance where price may stall or reverse downward. This color-coding and real-time updating allow traders to instantly recognize the market bias: for instance, a series of bullish zones implies an uptrend with multiple support levels on pullbacks, while consecutive bearish zones indicate a downtrend with resistance overhead. As old zones get invalidated or new ones appear, the chart remains current with the latest key levels, eliminating clutter from outdated levels.
• Flexible Customization: The indicator comes with several options to tailor the zones to your trading style. You can filter which zones to display – for example, show only the most recent N zones or limit to only bullish or only bearish zones – helping declutter the chart and focus on recent, relevant levels. There are settings to control zone extension (how far into the future the zones are drawn) and to automatically invalidate zones once they’re no longer relevant (for instance, if price fully breaks through a zone or a new structure shift occurs that supersedes it). Additionally, the Fibonacci retracement levels within each zone are customizable: you can choose which retracement percentages to plot, adjust their colors or line styles, and decide whether to fill the zone area for visibility. This flexibility ensures the DTFX Algo Zones can be tuned for different markets and strategies, whether you want a clean minimalist look or detailed zones with multiple internal levels.
Best Use Cases
DTFX Algo Zones is a versatile indicator that can enhance various trading strategies. Some of its best use cases include:
• Identifying High-Probability Reversal Zones: Each zone marks an area where price has a higher likelihood of stalling or reversing because it reflects a significant prior swing and Fibonacci retracement. Traders can watch these zones for entry opportunities when the market approaches them, as they often coincide with order block or strong supply/demand areas. This is especially useful for catching trend reversals or pullbacks at points where risk is lower and potential reward is higher.
• Spotting Key Support and Resistance: The automatically drawn zones act as dynamic support (below price) and resistance (above price) levels. Instead of manually drawing Fibonacci retracements or support/resistance lines, you get an instant map of the key levels derived from recent price action. This helps in quickly identifying where the next bounce (support) or rejection (resistance) might occur. Swing traders and intraday traders alike can use these zones to set alerts or anticipate reaction areas as the market moves.
• Trend-Following Entries: In a trending market, the indicator’s zones provide ideal areas to join the trend on pullbacks. For example, in an uptrend, when a new bullish zone is drawn after a BOS, it indicates a fresh demand zone – buying near the lower end of that zone on a pullback can offer a low-risk entry to ride the next leg up. Similarly, in a downtrend, selling rallies into the highlighted supply zones can position you in the direction of the prevailing trend. The zones effectively serve as a roadmap of the trend’s structure, allowing trend traders to buy dips and sell rallies with greater confidence.
• Mean-Reversion and Range Trading: Even in choppy or range-bound markets, DTFX Algo Zones can help find mean-reversion trades. If price is oscillating sideways, the zones at extremes of the range might mark where momentum is shifting (ChoCH) and price could swing back toward the mean. A trader might fade an extended move when it reaches a strong zone, anticipating a reversion. Additionally, if multiple zones cluster in an area across time (creating a zone overlap), it often signifies a particularly robust support/resistance level ideal for range trading strategies.
In all these use cases, the indicator’s ability to filter out noise and highlight structurally important levels means traders can focus on higher-probability setups and make more informed trading decisions.
Strategy – Pullback Trading with DTFX Algo Zones
One of the most effective ways to use the DTFX Algo Zones indicator is trading pullbacks in the direction of the trend. Below is a step-by-step strategy to capitalize on pullbacks using the zones, combining the indicator’s signals with sound price action analysis and risk management:
1. Identify a Market Structure Shift and Trend Bias: First, observe the chart for a recent BOS or ChoCH signal from the indicator. This will tell you the current trend bias. For instance, a bullish BOS/ChoCH means the market momentum has shifted upward (bullish bias), and a new demand zone will be drawn. A bearish structure break indicates downward momentum and creates a supply zone. Make sure the broader context supports the bias (e.g., if multiple higher timeframe zones are bullish, focus on long trades).
2. Wait for the Pullback into the Zone: Once a new zone appears, don’t chase the price immediately. Instead, wait for price to retrace back into that highlighted zone. Patience is key – let the market come to you. For a bullish setup, allow price to dip into the Fibonacci retracement zone (demand area); for a bearish setup, watch for a rally into the supply zone. Often, the middle of the zone (around the 50% retracement level) can be an optimal area where price might slow down and pivot, but it’s wise to observe price behavior across the entire zone.
3. Confirm the Entry with Price Action & Confluence: As price tests the zone, look for confirmation signals before entering the trade. This can include bullish reversal candlestick patterns (for longs) or bearish patterns (for shorts) such as engulfing candles, hammers/shooting stars, or doji indicating indecision turning to reversal. Additionally, incorporate confluence factors to strengthen the setup: for example, check if the zone overlaps with a key moving average, a round number price level, or an old support/resistance line from a higher timeframe. You might also use an oscillator (like RSI or Stochastic) to see if the pullback has reached oversold conditions in a bullish zone (or overbought in a bearish zone), suggesting a bounce is likely. The more factors aligning at the zone, the more confidence you can have in the trade. Only proceed with an entry once you see clear evidence of buyers defending a demand zone or sellers defending a supply zone.
4. Enter the Trade and Manage Risk: When you’re satisfied with the confirmation (e.g., price starts to react positively off a demand zone or shows rejection wicks in a supply zone), execute your entry in the direction of the original trend. Immediately set a stop-loss order to control risk: for a long trade, a common placement is just below the demand zone (a few ticks/pips under the swing low that formed the zone); for a short trade, place the stop just above the supply zone’s high. This way, if the zone fails and price continues beyond it, your loss is limited. Position size the trade so that this stop-loss distance corresponds to a risk you are comfortable with (for example, 1-2% of your trading capital).
5. Take Profit Strategically: Plan your take-profit targets in advance. A conservative approach is to target the origin of the move – for instance, in a long trade, you might take profit as price moves back up to the swing high (the 0% Fibonacci level of the zone) or the next significant zone or resistance level above. This often yields at least a 1:1 reward-to-risk ratio if you entered around mid-zone. More aggressive trend-following traders may leave a portion of the position running beyond the initial target, aiming for a larger move in line with the trend (for example, new higher highs in an uptrend). You can also trail your stop-loss upward behind new higher lows (for longs) or lower highs (for shorts) as the trend progresses, locking in profit while allowing for further gains.
6. Monitor Zone Invalidation: Even after entering, keep an eye on the behavior around the zone and any new zones that may form. If price fails to bounce and instead breaks decisively through the entire zone, respect that as an invalidation – the market may be signaling a deeper reversal or that the signal was false. In such a case, it’s better to exit early or stick to your stop-loss than to hold onto a losing position. The indicator will often mark or no longer highlight zones that have been invalidated by price, guiding you to shift focus to the next opportunity.
Risk Management Tips:
• Always use a stop-loss and don’t move it farther out in hope. Placing the stop just beyond the zone’s far end (the swing point) helps protect you if the pullback turns into a larger reversal.
• Aim for a favorable risk-to-reward ratio. With pullback entries near the middle or far end of a zone, you can often achieve a reward that equals or exceeds your risk. For example, risking 20 pips to make 20+ pips (1:1 or better) is a prudent starting point. Adjust targets based on market structure – if the next resistance is 50 pips away, consider that upside against your risk.
• Use confluence and context: Don’t take every zone signal in isolation. The highest probability trades come when the DTFX Algo Zone aligns with other analysis (trend direction, chart patterns, higher timeframe support/resistance, etc.). This filtered approach will reduce trades taken in weak zones or counter-trend traps.
• Embrace patience and selectivity: Not all zones are equal. It can be wise to skip very narrow or insignificant zones and wait for those that form after a strong BOS/ChoCH (indicating a powerful move). Larger zones or zones formed during high-volume times tend to produce more reliable pullback opportunities.
• Review and adapt: After each trade, note how price behaved around the zone. If you notice certain Fib levels (like 50% or 61.8%) within the zone consistently provide the best entries, you can refine your approach to focus on those. Similarly, adjust the indicator’s settings if needed – for example, if too many minor zones are cluttering your screen, limit to the last few or increase the structure length parameter to capture only more significant swings.
⸻
By combining the DTFX Algo Zones indicator with disciplined confirmation and risk management, traders can improve their timing on pullback entries and avoid chasing moves. This indicator shines in helping you trade what you see, not what you feel – the clearly marked zones and structure shifts keep you grounded in price action reality. Whether you’re a trend trader looking to buy the dip/sell the rally, or a reversal trader hunting for exhaustion points, DTFX Algo Zones provides a robust visual aid to elevate your trading decisions. Use it as a complementary tool in your analysis to stay on the right side of the market’s structure and enhance your trading performance.
Market Structure MTF Trend [Pt]█ Author's Notes
There are numerous market structure indicators in the TradingView library, each offering a unique approach to identifying price action shifts. Market Structure MTF Trend was created with simplicity and flexibility in mind—providing a highly customizable multi-timeframe setup, visually clear trendlines, and straightforward labeling. This combination helps both new and experienced traders easily spot and interpret market structure changes.
█ Overview
Market Structure MTF Trend is a powerful yet user-friendly indicator designed to identify and visualize key turning points in price action. It focuses on two core concepts:
Change of Character (CHoCH): A momentary shift in the market’s behavior, signaling that the current price movement may be losing momentum and could soon reverse.
Break of Structure (BoS): A more definitive event confirming a new price pattern, where the market establishes a fresh trend direction by surpassing previous swing highs or lows.
By combining these signals across up to four different timeframes, even traders unfamiliar with market structure can quickly learn to spot and validate potential trend reversals or continuations.
█ Key Features
Multi-Timeframe Analysis: Monitors CHoCH and BoS events simultaneously on multiple intervals (e.g., 15m, 30m, 60m, 240m), providing a clear, layered understanding of market dynamics.
Straightforward Visual Cues: Labels are placed directly on the chart at swing highs and lows, while colored bars at the bottom give an instant snapshot of whether each timeframe is bullish or bearish.
Configurable Timeframes & Pivot Strength: Easily set up the desired intervals and adjust pivot strength to tune how sensitive the indicator is to minor price fluctuations.
Color-Coded Signals: Different colors help you distinguish between potential early reversals (CHoCH) and confirmed shifts (BoS), ensuring each signal’s importance is immediately clear.
█ Usage & Benefits
Learn Market Structure Basics: For those new to swing highs/lows, CHoCH, and BoS, the script’s on-chart labels and dynamic bar coloring provide a practical, visual way to grasp these concepts.
Spot Reversals Early: CHoCH alerts you to possible shifts in momentum, allowing you to anticipate trend changes before they fully develop.
Confirm Trend Breaks: BoS events confirm that the market has established a new directional bias, reinforcing higher‐probability entry or exit points.
Reduce Noise & Stay Focused: The multi-timeframe setup ensures you won’t overlook larger trends or get lost in smaller fluctuations.
Streamline Decision-Making: Color-coded bars let you gauge overall market sentiment at a glance—ideal for quickly validating trades without juggling multiple charts.
Market Structure MTF Trend is perfect for traders who want to learn or refine their understanding of price action. By integrating multiple timeframes into a single, cohesive interface, this tool highlights both subtle shifts and confirmed breaks in market structure, empowering you to trade with greater insight and confidence.
Dynamic Probability Bands (Historical Bands)Dynamic Probability Bands (Blended/Original Modes)
This indicator displays dynamic probability bands that estimate the likelihood (on a 0–100 scale) for a stock to move within certain price zones relative to a dynamically calculated center. It combines state‐of‐the‐art volatility scaling with customizable center calculation methods, allowing traders to analyze both current and historical price probability levels.
Key Features:
Dual Center Modes:
Original Mode: Uses either an EMA or yesterday’s pivot (average of high, low, and close) as the center.
Blended Mode: Inspired by HPDR Bands, it calculates the center by blending a long-term “visible” range (expanded by custom multipliers) with recent price extremes. This blending makes the center both robust and responsive.
Volatility Scaling with Exponential Factor: The script measures volatility using ATR and expands the forecast range over a user-defined number of bars. An exponent factor lets you adjust the dynamic expansion—from the familiar square-root behavior (with a factor of 0.5) to more aggressive widening.
Probability Levels via Inverse Normal Function: Custom inverse error and inverse-normal functions convert cumulative probability inputs (ranging from near 0% to almost 100%) into z-scores. The resulting band levels are computed as: Band Level = Center + (Scaled Volatility × z-score) Separate series are generated for upward (above the center) and downward (below the center) bands.
Historical Analysis & Visualization: The bands are plotted as continuous series, with fill colors between adjacent bands for clear visual separation. This lets you analyze how the probability zones have evolved over time.
Fully Customizable: Users can adjust key parameters including the choice of center method, lookback periods, multipliers, forecast horizon, and expansion dynamics to suit various markets and strategies.
Use This Indicator To:
Assess potential future price zones based on statistical probability.
Monitor the dynamic evolution of price ranges as market conditions change.
Customize your analysis through blended or traditional center calculations and variable volatility scaling.
