Relative volume zone + Smart Order Flow Dynamic S/ROverview:
The Relative Volume Zone + Smart Order Flow with Dynamic S/R indicator is designed to help traders identify key trading opportunities by combining multiple technical components. This script integrates relative volume analysis, order flow detection, VWAP, RSI filtering, and dynamic support and resistance levels to offer a comprehensive view of the market conditions. It is particularly effective on shorter timeframes (M5, M15), making it suitable for scalping and day trading strategies.
Key Components:
1. Relative Volume Zones:
• The script calculates the relative volume by comparing the current volume with the average volume over a defined lookback period (volLookback). When the relative volume exceeds a specified multiplier (volMultiplier), it indicates a high volume zone, signaling potential accumulation or distribution areas.
• Purpose: Identifies high-volume trading zones that may act as significant support or resistance, indicating possible entry or exit points.
2. Smart Order Flow Analysis:
• The indicator uses Volume Delta (the difference between buying and selling volume) and a Cumulative Delta to detect order imbalances in the market.
• Order Imbalance is identified using a moving average of the Volume Delta (orderImbalance), which helps highlight hidden buying or selling pressure.
• Purpose: Reveals market sentiment by showing whether buyers or sellers dominate the market, aiding in the identification of trend reversals or continuations.
3. VWAP (Volume Weighted Average Price):
• VWAP is calculated over a default daily length (vwapLength) to show the average price a security has traded at throughout the day, based on both volume and price.
• Purpose: Provides insight into the fair value of the asset, indicating whether the market is in an accumulation or distribution phase.
4. RSI (Relative Strength Index) Filter:
• RSI is used to filter buy and sell signals, preventing trades in overbought or oversold conditions. It is calculated using a specified period (rsiPeriod).
• Purpose: Reduces false signals and improves trade accuracy by only allowing trades when RSI conditions align with volume and order flow signals.
5. Dynamic Support and Resistance Levels:
• The script dynamically plots support and resistance levels based on recent swing highs and lows (swingLookback).
• Purpose: Identifies potential reversal zones where price action may change direction, allowing for more precise entry and exit points.
How It Works:
• Buy Signal:
A buy signal is generated when:
• The price enters a high-volume zone.
• The price crosses above a 5-period moving average.
• The cumulative delta shows more buying pressure (cumulativeDelta > SMA of cumulativeDelta).
• The RSI is below 70 (not in overbought conditions).
• Sell Signal:
A sell signal is generated when:
• The price enters a high-volume zone.
• The price crosses below a 5-period moving average.
• The cumulative delta shows more selling pressure (cumulativeDelta < SMA of cumulativeDelta).
• The RSI is above 30 (not in oversold conditions).
• Dynamic Support and Resistance Lines:
Drawn based on recent swing highs and lows, these lines provide context for potential price reversals or breakouts.
• VWAP and Order Imbalance Lines:
Plotted to show the average traded price and highlight order flow shifts, helping to validate buy/sell signals.
How to Use:
1. Apply the Indicator:
Add the script to your chart and adjust the settings to match your trading style and preferred timeframe (optimized for M5/M15).
2. Interpret the Signals:
Use the buy and sell signals in conjunction with dynamic support/resistance, VWAP, and order imbalance lines to identify high-probability trade setups.
3. Monitor Alerts:
Set alerts for significant order flow events to receive notifications when there is a positive or negative order imbalance, indicating potential market shifts.
What Makes It Unique:
This script is unique because it combines multiple market analysis tools — relative volume zones, smart order flow, VWAP, RSI filtering, and dynamic support/resistance — to provide a well-rounded, multi-dimensional view of the market. This integration allows traders to make more informed decisions by validating signals across various indicators, enhancing overall trading accuracy and effectiveness.
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Relative volume zone + Smart Order Flow Dynamic S/ROverview:
The Relative Volume Zone + Smart Order Flow with Dynamic S/R indicator is designed to help traders identify key trading opportunities by combining multiple technical components. This script integrates relative volume analysis, order flow detection, VWAP, RSI filtering, and dynamic support and resistance levels to offer a comprehensive view of the market conditions. It is particularly effective on shorter timeframes (M5, M15), making it suitable for scalping and day trading strategies.
Key Components:
1. Relative Volume Zones:
• The script calculates the relative volume by comparing the current volume with the average volume over a defined lookback period (volLookback). When the relative volume exceeds a specified multiplier (volMultiplier), it indicates a high volume zone, signaling potential accumulation or distribution areas.
• Purpose: Identifies high-volume trading zones that may act as significant support or resistance, indicating possible entry or exit points.
2. Smart Order Flow Analysis:
• The indicator uses Volume Delta (the difference between buying and selling volume) and a Cumulative Delta to detect order imbalances in the market.
• Order Imbalance is identified using a moving average of the Volume Delta (orderImbalance), which helps highlight hidden buying or selling pressure.
• Purpose: Reveals market sentiment by showing whether buyers or sellers dominate the market, aiding in the identification of trend reversals or continuations.
3. VWAP (Volume Weighted Average Price):
• VWAP is calculated over a default daily length (vwapLength) to show the average price a security has traded at throughout the day, based on both volume and price.
• Purpose: Provides insight into the fair value of the asset, indicating whether the market is in an accumulation or distribution phase.
4. RSI (Relative Strength Index) Filter:
• RSI is used to filter buy and sell signals, preventing trades in overbought or oversold conditions. It is calculated using a specified period (rsiPeriod).
• Purpose: Reduces false signals and improves trade accuracy by only allowing trades when RSI conditions align with volume and order flow signals.
5. Dynamic Support and Resistance Levels:
• The script dynamically plots support and resistance levels based on recent swing highs and lows (swingLookback).
• Purpose: Identifies potential reversal zones where price action may change direction, allowing for more precise entry and exit points.
How It Works:
• Buy Signal:
A buy signal is generated when:
• The price enters a high-volume zone.
• The price crosses above a 5-period moving average.
• The cumulative delta shows more buying pressure (cumulativeDelta > SMA of cumulativeDelta).
• The RSI is below 70 (not in overbought conditions).
• Sell Signal:
A sell signal is generated when:
• The price enters a high-volume zone.
• The price crosses below a 5-period moving average.
• The cumulative delta shows more selling pressure (cumulativeDelta < SMA of cumulativeDelta).
• The RSI is above 30 (not in oversold conditions).
• Dynamic Support and Resistance Lines:
Drawn based on recent swing highs and lows, these lines provide context for potential price reversals or breakouts.
• VWAP and Order Imbalance Lines:
Plotted to show the average traded price and highlight order flow shifts, helping to validate buy/sell signals.
How to Use:
1. Apply the Indicator:
Add the script to your chart and adjust the settings to match your trading style and preferred timeframe (optimized for M5/M15).
2. Interpret the Signals:
Use the buy and sell signals in conjunction with dynamic support/resistance, VWAP, and order imbalance lines to identify high-probability trade setups.
3. Monitor Alerts:
Set alerts for significant order flow events to receive notifications when there is a positive or negative order imbalance, indicating potential market shifts.
What Makes It Unique:
This script is unique because it combines multiple market analysis tools — relative volume zones, smart order flow, VWAP, RSI filtering, and dynamic support/resistance — to provide a well-rounded, multi-dimensional view of the market. This integration allows traders to make more informed decisions by validating signals across various indicators, enhancing overall trading accuracy and effectiveness.
Static Buy Zone with Dynamic RSI OverlayOverview:
The Static Buy Zone with Dynamic RSI Overlay is a custom technical indicator designed to help traders visualize potential buy and sell zones on a price chart. It achieves this by plotting dynamic horizontal lines and a shaded box representing the buy or sell zones based on the current price and RSI (Relative Strength Index) values. The indicator highlights price levels that are 1% above and below the current price, which can serve as a visual reference for potential market entry or exit points. The fill color and the placement of these zones are dynamically updated based on the RSI values and price movement, offering a clear, visual representation of overbought or oversold conditions.
Key Features:
• Dynamic Buy and Sell Zones:
The indicator plots horizontal lines 1% above and 1% below the current price to identify potential buy and sell zones. These zones are recalculated on every bar update, ensuring that they stay relevant to the latest price movement.
• RSI Integration:
The RSI indicator is used to detect overbought and oversold conditions, which trigger the display of the buy/sell zones:
• When the RSI falls below a user-defined lower bound (default 20), a green buy zone is drawn to indicate a potential buying opportunity.
• When the RSI exceeds a user-defined upper bound (default 80), a red sell zone is drawn to indicate a potential selling opportunity.
• Visual Aids:
The indicator visually highlights the areas between the two price boundaries by filling the space with a semi-transparent color (green for buy, red for sell). This makes it easy for traders to spot these areas on the chart.
• User Customization:
• RSI Thresholds: Users can customize the upper and lower RSI bounds that trigger the buy/sell zones.
• Price Range: The buy and sell zones are set dynamically as 1% above or below the current price, but this range can be easily adapted if needed by editing the script.
How it Works:
The indicator calculates the buy zone as the area 1% below the current price and the sell zone as the area 1% above the current price. When the RSI value crosses above or below the user-defined thresholds, these zones are plotted on the chart with a corresponding color (green for buy, red for sell). This allows traders to quickly assess when the market might be overbought or oversold and take action accordingly.
When the RSI is within the normal range (between the upper and lower bounds), the indicator removes the lines and box, signaling that the price is in a neutral state and not in an immediate buy or sell zone.
Use Case:
This indicator is especially useful for traders who prefer a visual representation of overbought/oversold zones and want to quickly spot potential reversal points. By combining price action and RSI levels, it offers a comprehensive view of possible entry and exit points, especially in volatile markets.
How to Use:
1. Plot on any asset: Add the indicator to your chart to automatically generate the buy/sell zones based on the current price and RSI.
2. Adjust RSI thresholds: Customize the RSI bounds to suit your trading style. For example, conservative traders may opt for lower bounds (e.g., 30 for buys and 70 for sells), while more aggressive traders might use 20 and 80.
3. Interpretation:
• Green Zone: A green shaded area will appear when the RSI is below the lower bound, signaling a potential oversold condition. This is a zone where buying pressure might increase.
• Red Zone: A red shaded area will appear when the RSI is above the upper bound, signaling a potential overbought condition. This is a zone where selling pressure might increase.
Disclaimer:
This indicator is intended to be used as a supplementary tool for market analysis and is not a stand-alone trading system. Traders should use it in conjunction with other technical indicators and fundamental analysis to make well-informed trading decisions.
Chart Example:
Why This Indicator is Original:
• This script dynamically integrates the RSI with buy/sell zones based on price movement rather than simply replicating traditional RSI overbought/oversold indicators.
• It offers a unique visual representation by shading areas of the chart based on real-time RSI values, allowing for a quick, intuitive understanding of potential entry/exit points.
Uptrick: Volume-Weighted EMA Signal### **Uptrick: Volume-Weighted EMA Signal (UVES) Indicator - Comprehensive Description**
#### **Overview**
The **Uptrick: Volume-Weighted EMA Signal (UVES)** is an advanced, multifaceted trading indicator meticulously designed to provide traders with a holistic view of market trends by integrating Exponential Moving Averages (EMA) with volume analysis. This indicator not only identifies the direction of market trends through dynamic EMAs but also evaluates the underlying strength of these trends using real-time volume data. UVES is a versatile tool suitable for various trading styles and markets, offering a high degree of customization to meet the specific needs of individual traders.
#### **Purpose**
The UVES indicator aims to enhance traditional trend-following strategies by incorporating a critical yet often overlooked component: volume. Volume is a powerful indicator of market strength, providing insights into the conviction behind price movements. By merging EMA-based trend signals with detailed volume analysis, UVES offers a more nuanced and reliable approach to identifying trading opportunities. This dual-layer analysis allows traders to differentiate between strong trends supported by significant volume and weaker trends that may be prone to reversals.
#### **Key Features and Functions**
1. **Dynamic Exponential Moving Average (EMA):**
- The core of the UVES indicator is its dynamic EMA, calculated over a customizable period. The EMA is a widely used technical indicator that smooths price data to identify the underlying trend. In UVES, the EMA is dynamically colored—green when the current EMA value is above the previous value, indicating an uptrend, and red when below, signaling a downtrend. This visual cue helps traders quickly assess the trend direction without manually calculating or interpreting raw data.
2. **Comprehensive Moving Average Customization:**
- While the EMA is the default moving average in UVES, traders can select from various other moving average types, including Simple Moving Average (SMA), Smoothed Moving Average (SMMA), Weighted Moving Average (WMA), and Volume-Weighted Moving Average (VWMA). Each type offers unique characteristics:
- **SMA:** Provides a simple average of prices over a specified period, suitable for identifying long-term trends.
- **EMA:** Gives more weight to recent prices, making it more responsive to recent market movements.
- **SMMA (RMA):** A slower-moving average that reduces noise, ideal for capturing smoother trends.
- **WMA:** Weighs prices based on their order in the dataset, making recent prices more influential.
- **VWMA:** Integrates volume data, emphasizing price movements that occur with higher volume, making it particularly useful in volume-sensitive markets.
3. **Signal Line for Trend Confirmation:**
- UVES includes an optional signal line, which applies a secondary moving average to the primary EMA. This signal line can be used to smooth out the EMA and confirm trend changes. The signal line’s color changes based on its slope—green for an upward slope and red for a downward slope—providing a clear visual confirmation of trend direction. Traders can adjust the length and type of this signal line, allowing them to tailor the indicator’s responsiveness to their trading strategy.
4. **Buy and Sell Signal Generation:**
- UVES generates explicit buy and sell signals based on the interaction between the EMA and the signal line. A **buy signal** is triggered when the EMA transitions from a red (downtrend) to a green (uptrend), indicating a potential entry point. Conversely, a **sell signal** is triggered when the EMA shifts from green to red, suggesting an exit or shorting opportunity. These signals are displayed directly on the chart as upward or downward arrows, making them easily identifiable even during fast market conditions.
5. **Volume Analysis with Real-Time Buy/Sell Volume Table:**
- One of the standout features of UVES is its integration of volume analysis, which calculates and displays the volume attributed to buying and selling activities. This analysis includes:
- **Buy Volume:** The portion of the total volume associated with price increases (close higher than open).
- **Sell Volume:** The portion of the total volume associated with price decreases (close lower than open).
- **Buy/Sell Ratio:** A ratio of buy volume to sell volume, providing a quick snapshot of market sentiment.
- These metrics are presented in a real-time table positioned in the top-right corner of the chart, with customizable colors and formatting. The table updates with each new bar, offering continuous feedback on the strength and direction of the market trend based on volume data.
6. **Customizable Settings and User Control:**
- **EMA Length and Source:** Traders can specify the lookback period for the EMA, adjusting its sensitivity to price changes. The source for EMA calculations can also be customized, with options such as close, open, high, low, or other custom price series.
- **Signal Line Customization:** The signal line’s length, type, and width can be adjusted to suit different trading strategies, allowing traders to optimize the balance between trend detection and noise reduction.
- **Offset Adjustment:** The offset feature allows users to shift the EMA and signal line forward or backward on the chart. This can help align the indicator with specific price action or adjust for latency in decision-making processes.
- **Volume Table Positioning and Formatting:** The position, size, and color scheme of the volume table are fully customizable, enabling traders to integrate the table seamlessly into their chart setup without cluttering the visual workspace.
7. **Versatility Across Markets and Trading Styles:**
- UVES is designed to be effective across a wide range of financial markets, including Forex, stocks, cryptocurrencies, commodities, and indices. Its adaptability to different markets is supported by its comprehensive customization options and the inclusion of volume analysis, which is particularly valuable in markets where volume plays a crucial role in price movement.
#### **How Different Traders Can Benefit from UVES**
1. **Trend Followers:**
- Trend-following traders will find UVES particularly beneficial for identifying and riding trends. The dynamic EMA and signal line provide clear visual cues for trend direction, while the volume analysis helps confirm the strength of these trends. This combination allows trend followers to stay in profitable trades longer and exit when the trend shows signs of weakening.
2. **Volume-Based Traders:**
- Traders who focus on volume as a key indicator of market strength can leverage the UVES volume table to gain insights into the buying and selling pressure behind price movements. By monitoring the buy/sell ratio, these traders can identify periods of strong conviction (high buy volume) or potential reversals (high sell volume) with greater accuracy.
3. **Scalpers and Day Traders:**
- For traders operating on shorter time frames, UVES provides quick and reliable signals that are essential for making rapid trading decisions. The ability to customize the EMA length and type allows scalpers to fine-tune the indicator for responsiveness, while the volume analysis offers an additional layer of confirmation to avoid false signals.
4. **Swing Traders:**
- Swing traders, who typically hold positions for several days to weeks, can use UVES to identify medium-term trends and potential entry and exit points. The indicator’s ability to filter out market noise through the signal line and volume analysis makes it ideal for capturing significant price movements without being misled by short-term volatility.
5. **Position Traders and Long-Term Investors:**
- Even long-term investors can benefit from UVES by using it to identify major trend reversals or confirm the strength of long-term trends. The flexibility to adjust the EMA and signal line to longer periods ensures that the indicator remains relevant for detecting shifts in market sentiment over extended time frames.
#### **Optimal Settings for Different Markets**
- **Forex Markets:**
- **EMA Length:** 9 to 14 periods.
- **Signal Line:** Use VWMA or WMA for the signal line to incorporate volume data, which is crucial in the highly liquid Forex markets.
- **Best Use:** Short-term trend following, with an emphasis on identifying rapid changes in market sentiment.
- **Stock Markets:**
- **EMA Length:** 20 to 50 periods.
- **Signal Line:** SMA or EMA with a slightly longer length (e.g., 50 periods) to capture broader market trends.
- **Best Use:** Medium to long-term trend identification, with volume analysis confirming the strength of institutional buying or selling.
- **Cryptocurrency Markets:**
- **EMA Length:** 9 to 12 periods, due to the high volatility in crypto markets.
- **Signal Line:** SMMA or EMA for smoothing out extreme price fluctuations.
- **Best Use:** Identifying entry and exit points in volatile markets, with the volume table providing insights into market manipulation or sudden shifts in trader sentiment.
- **Commodity Markets:**
- **EMA Length:** 14 to 21 periods.
- **Signal Line:** WMA or VWMA, considering the impact of trading volume on commodity prices.
- **Best Use:** Capturing medium-term price movements and confirming trend strength with volume data.
#### **Customization for Advanced Users**
- **Advanced Offset Usage:** Traders can experiment with different offset values to see how shifting the EMA and signal line impacts the timing of buy/sell signals. This can be particularly useful in markets with known latency or for strategies that require a delayed confirmation of trend changes.
- **Volume Table Integration:** The position, size, and colors of the volume table can be adjusted to fit seamlessly into any trading setup. For example, a trader might choose to position the table in the bottom-right corner and use a smaller size to keep the focus on price action while still having access to volume data.
- **Signal Filtering:** By combining the signal line with the primary EMA, traders can filter out false signals during periods of low volatility or when the market is range-bound. Adjusting the length of the signal line allows for greater control over the sensitivity of the trend detection.
#### **Conclusion**
The **Uptrick: Volume-Weighted EMA Signal (UVES)** is a powerful and adaptable indicator designed for traders who demand more from their technical analysis tools. By integrating dynamic EMA trend signals with real-time volume analysis, UVES offers a comprehensive view of market conditions, making it an invaluable resource for identifying trends, confirming signals, and understanding market sentiment. Whether you are a day trader, swing trader, or long-term investor, UVES provides the versatility, precision, and customization needed to make more informed and profitable trading decisions. With its ability to adapt to various markets and trading styles, UVES is not just an indicator but a complete trend analysis solution.
V1 [SMRT Algo]SMRT Algo V1 is a versatile trading indicator designed to provide traders with clear and actionable signals.
The system includes both standard buy/sell signals and confirmed buy/sell signals, denoted by an 'x', which appear after a signal is validated. Traders have the flexibility to enable or disable the confirmed signals based on their trading strategy preferences.
The combination of standard and confirmed buy/sell signals ensures that traders receive both initial alerts and validated signals, thereby enhancing the accuracy and reliability of trade entries. This dual-signal approach helps filter out false signals, providing an additional layer of security for traders.
Core Features:
Standard Signals: These signals are generated based on a pullback logic, where a signal is printed when the price returns to the average price level (the pullback zone) and starts to move away, indicating a potential trend continuation or reversal.
Confirmed Signals ('x'): These appear after the initial signal, providing additional validation and reducing false signals. This feature is particularly useful for traders who seek a higher level of confirmation before entering a trade.
MA Filter: The Moving Average (MA) Filter is a critical component that filters trades to ensure that only those aligned with the prevailing trend are considered. This filter helps in eliminating signals that go against the primary market trend, thereby increasing the probability of successful trades.
Dynamic Support and Resistance (S/R): The Dynamic S/R feature uses background plots to denote zones of support and resistance that are continuously updated based on market movements. These zones are used as part of the signal generation process, helping to identify key levels where price action may reverse or accelerate.
Take Profit (TP) and Stop Loss (SL) Levels: Each trade signal is accompanied by predefined TP and SL levels, offering traders clear guidance on potential exit points. TP levels are structured to provide different risk-reward ratios (e.g., TP1 for 1:1, TP2 for 1:2, TP3 for 1:3), allowing for flexible trade management according to individual risk tolerance and market conditions.
The MA Filter further refines this process by aligning trades with the prevailing market trend. By using a moving average as a filter, the system ensures that signals are only generated in the direction of the trend, reducing the likelihood of counter-trend trades that often carry higher risks. This feature is particularly beneficial in trending markets where maintaining the direction of trades with the overall trend increases the probability of success.
Dynamic Support and Resistance (S/R) zones play a crucial role in the indicator's signal generation and trade management strategies. These zones are not static but adjust in real-time based on market conditions, providing traders with up-to-date information on critical price levels. The integration of dynamic S/R with the signal generation process helps in identifying potential reversal or acceleration points, making it a valuable tool for both trend-following and reversal strategies.
Input Settings:
Show Confirmed Signals: Turning this on will show the ‘x’ on the chart, meaning a signal is confirmed.
Trend Bar Color: Turning this on will result in the signal candle being colored green for buy, and red for sell.
RSI Filter: Turning this feature off will result in not requiring the RSI condition to be met in order for signals to be generated. Turning this off will result in a higher frequency of signals.
X-Bar Range: How far back the indicator will look for signals. Increasing this value will lead to more signals generated, decreasing will lead to less signals.
MA Filter: Turning this on will result in only buy trades being printed when price is above the MA cloud, the opposite for sells. Turning this off will increase in more signals.
Dynamic S/R: This is the trend cloud that is shown on screen. It acts as a dynamic support/resistance as it moves along with price. This zone often acts as a retest (support) zone and is also where signals are often generated. It can be turned on/off visually.
TP/SL: The take profit & stop loss zones can be turned on/off. The size of TP/SL can also be adjusted by increasing or decreasing the multiplier and length values.
These components are not isolated features but work together to create a cohesive and comprehensive trading system. The standard and confirmed signals provide timely and validated entry points, while the MA Filter ensures these entries align with the broader trend. The dynamic S/R zones add another layer of analysis, highlighting critical levels that can influence price movements. Together, these features offer a well-rounded view of the market, enabling traders to make more informed and strategic decisions. The inclusion of TP and SL levels integrates risk management into every trade, making the system not only a tool for identifying trades but also for managing them effectively.
The SMRT Algo Suite offers a comprehensive set of tools and features that extend beyond the capabilities of standard or open-source indicators, providing significant additional value to users.
Advanced Customization: Users can customize various aspects of the indicator, such as toggling the confirmation signals on or off and adjusting the parameters of the MA Filter. This customization enhances the adaptability of the tool to different trading styles and market conditions.
Enhanced Market Understanding: The combination of pullback logic, dynamic S/R zones, and MA filtering offers traders a nuanced understanding of market dynamics, helping them make more informed trading decisions.
Unique Features: The specific combination of pullback logic, dynamic S/R, and multi-level TP/SL management is unique to SMRT Algo V1, offering features that are not readily available in standard or open-source indicators.
Educational and Support Resources: As with other products in the SMRT Algo suite, this indicator comes with comprehensive educational resources and access to a supportive trading community, as well as 24/7 Discord support.
The educational resources and community support included with SMRT Algo ensure that users can maximize the indicators’ potential, offering guidance on best practices and advanced usage.
SMRT Algo believe that there is no magic indicator that is able to print money. Indicator toolkits provide value via their convinience, adaptibility and uniqueness. Combining these items can help a trader make more educated; less messy, more planned trades and in turn hopefully help them succeed.
RISK DISCLAIMER
Trading involves significant risk, and most day traders lose money. All content, tools, scripts, articles, and educational materials provided by SMRT Algo are intended solely for informational and educational purposes. Past performance is not indicative of future results. Always conduct your own research and consult with a licensed financial advisor before making any trading decisions.
Ticker Screener by Volume Heatmap [SS]Fun little screener that creates a heatmap by daily volume trend.
The numbers expressed are the Sell to Buy ratio (Selling volume / buying volume). The % is the % change over the lookback period.
The default lookback period is 25 days, but you can adjust it as you see fit. The brightness of the green and red will change based on the extent of buying / selling.
Anything 1 or over means there is a lot of selling. A percent change in the negatives is good, it means that selling is decreasing and buying is increasing. Vice versa for a percent change in the positives.
It will accomodate up to 12 tickers, there are some pre-set but you can obviously customize it with your own tickers of interest.
And that's pretty much the indicator, pretty simple indicator but I hope you enjoy!
Safe trades everyone!
Option ScalperWhat is Scalping?
Scalping is a trading strategy aimed at profiting from quick momentum in a volatile index or stock or any other instrument that can be traded.
Traders who use such strategies place anywhere from 10 to a few hundred trades in a single day.
The idea behind such type of trading is that small moves in an index or stock price are much easier to capture than the larger moves.
Traders who use such strategies are known as scalpers. When you take many small profits a number of times, say 10 points scalped 20 times per day, they can easily add up to large gains.
An Option Buyer's Biggest Enemy is Time Decay and when you scalp, you do not allow the time decay to eat your Option Premium as your Entry and Exit is often quick enough.
What is Option Scalper?
Option Scalper indicator is a momentum-based indicator that tries to detect momentum based upon a number of factors as given below:
(1) Price action accumulated over a period of time when big candles are nowhere
(2) Repeatedly Occurring, certain Candle patterns which indicate if buyers have the upper hand or sellers are ruling the market.
(3) Gradient of moving averages which shows consistency of net buying/selling force
(4) Price jumping normal distribution line and landing in outlying areas, signalling increasing momentum of buying/selling activity.
Based upon the above factors, when Option Scalper thinks a move has the potential to turn into a big move, it generates its Buy/Sell Signals.
When aggressive buying or selling starts where Buying & Selling Forces become unequal, the Price starts moving in one direction with candles making Higher Highs or Lower Lows, moving average lines start scaling up or down or volumes start increasing.
Option Scalper detects these (1) Higher Highs or Lower Lows, (2) scaling up moving average lines, and/or (3) price breaking out of channels; and generates Buy or Sell signals.
In order to use this indicator, simply deploy this on your chart, and wait for Buy/Sell signals. When a Buy/Sell Signal appears, a small line starts forming up at the closing level of Buy/Sell signal candle. Your Entry will be above that line for Buy Signal and below that line for Sell Signal.
It works on all time frames.
Whenever a Buy Signal is followed by Sell signal (let it be after 7 - 8 candles or after many candles) or vice-versa, you have to switch your position to make most of the reverse move.
It is a general purpose indicator and may be used on stocks, commodities, forex and any other instruments alike and is not meant for any specific market.
How to Take Buy/Sell Entry with Option Scalper?
Whenever a Buy/Sell Signal appears on a candle, Option Scalper starts marking its closing price with a horizontal line that keeps extending towards right side with every new candle. This line is Blue in Color for Buy Signal and dark golden color for Sell Signal.
Initially this horizontal line will be very small but as more and more candles appear with the passage of time, the length of the line keeps increasing.
The purpose of this line is to mark the closing price of Signal candle and you have to take your Buy Entry above this line (if last signal is BUY) or you have to take your trade Below this line (if last signal is SELL).
The indicator will also draw another line at the Opening Price of Signal Candle, which can act as your initial stop loss. If trade starts moving in your direction and price goes above upper variance line (light green curvy line) or goes below lower variance line (purple wavy line), then that line becomes your trailing stop loss line from that point onwards.
The indicator also marks the consolidation zone for you. If the Buy/Sell Signal has come but price is in consolidation zone (grey colour cloud), do not take any positions yet and wait for the price to come out of the cloud and breach the Entry Line.
Exiting Buy/Sell Positions and Re-Entry Rules
1. Exiting your Buy Trade: When a Buy Trade is active, indicator can detect where the ongoing upmove may end or retrace for a while and it will print an X symbol (RED COLOR) to warn you. After you see a Red Color X symbol, if price starts making lower lows, you can exit your Buy Trade there or if you are in good profit, you can wait for the price to go below upper variance line (the green color Trailing Stop Loss Line for Buy Trade). See the image below for Red Color X symbol which warns you to be prepared for EXIT from Buy Trade:
2. Re-Entry for Buy Trade: If the last signal on your chart is still Buy Signal but your stop loss has been hit once or twice and you have no open positions now, you can RE-ENTER in buy trade if and when price again climbs above the grey cloud.
3. Exiting your Sell Trade: When a Sell Trade is active, indicator can detect where the ongoing down-move may end or retrace for a while and it will print an X symbol (Green COLOR) to warn you. After you see a Green Color X symbol, if price starts making higher highs, you can exit your Sell Trade there or if you are in good profit, you can wait for the price to go above lower variance line (the purple color Trailing Stop Loss Line for Sell Trade).
4. Re-Entry for Sell Trade: If the last signal on your chart is Sell Signal but your stop loss has been hit once or twice and you have no open positions now, you can RE-ENTER in Sell trade if and when price again crosses below the grey color cloud.
See the image below for recognizing Red and Green X symbols which indicate that temporary retracement or reversal signal is developing:
What are the other features of Option Scalper?
1. End to End Horizontal Support/Resistance Lines: Indicator also detects, prints and deletes horizontal support and resistance lines which can help in your trading decisions. For example, a Buy Signal comes and price crosses above upper variance line and also crosses nearby horizontal resistance line means it has higher probability of moving further up. The reverse is also true (for Sell Signal). See an example of a resistance line below:
2. Star Symbols: If 5 or more consecutive candles are of the same color, then Star Symbol (*) starts appearing above or below the candles. When price has moved too high or too low from the upper or lower variance line, these stars indicate that there is higher probability of retracement happening now which should prompt you to book full or partial profit. See the circled stars in the below image
3. Color Changing Candles: If a candle changes its color from Red to Purple or from Green to light green, they indicate increased intensity of Selling or Buying activity. For example, if each 1 min candle within a 5 min candle is red, then that 5 min candle will turn purple which means Selling pressure is too much and there are very few or no buyers at all. Reverse is also true when Green Candle becomes Light Green. Example images of such candles can be seen below:
4. Consolidation Zone: It is very important for an option buyer to strike only when there is momentum and not to take any fresh trade (or if you already have a position, then closing it for the time being) when price is in consolidation zone. Consolidation zone is marked by a grey colour cloud as seen in below image.
What Type of Alerts Can be Set up: You can set up 3 type of alerts with this indicator (a) Buy Entry Signal which happens when Price closes above the marked Buy Price Level (b) Sell Signal which happens when Price closes below the marked Sell Price Level or (c) Any signal (if you want to be alerted when either Buy or Sell Signal happens)
How to get this indicator?
This is invite-only indicator. Get in touch with us using information given below in Signature field to try this indicator FREE. You may also chat with us through Private Chat feature of TradingView.
Cross Period Comparison IndicatorReally excited to be sharing this indicator!
This is the cross-period comparison indicator, AKA the comparison indicator.
What does it do?
The cross-period comparison indicator permits for the qualitative assessment of two points in time on a particular equity.
What is its use?
At first, I was looking for a way to determine the degree of similarity between two points, such as using Cosine similarity values, Euclidean distances, etc. However, these tend to trigger a lot of similarities but without really any context. Context matters in trading and thus what I wanted really was a qualitative assessment tool to see what exactly was happening at two points in time (i.e. How many buyers were there? What was short interest like? What was volume like? What was the volatility like? RSI? Etc.)
This indicator permits that qualitative assessment, displaying things like total buying volume during each period, total selling volume, short interest via Put to Call ratio activity, technical information such as Stochastics and RSI, etc.
How to use it?
The indicator is fairly self explanatory, but some things require a little more in-depth discussion.
The indicator will display the Max and Min technical values of a period, as well as a breakdown in the volume information and put to call information. The user can then make the qualitative determination of degrees of similarity. However, I have included some key things to help ascertain similarity in a more quantitative way. These include:
1. Adding average period Z-Score
2. Adding CDF probability distributions for each respective period
3. Adding Pearson correlations for each respective period over time
4. Providing the linear regression equation for each period
So let us discuss these 4 quantitative measures a bit more in-depth.
Adding Period Z-Score
For those who do not know, Z-Score is a measure of the distance from a mean. It generally spans 0 (at the mean) to 3 (3 standard deviations away from the mean). Z-Score in the stock market is very powerful because it is actually our indicator of volatility. Z-Score forms the basis of IV for option traders and it generally is the go to, to see where the market is in relation to its overall mean.
Adding Z-Score lets the user make 2 big determinations. First and foremost, it’s a measure of overall volatility during the period. If you are getting a Z-Score that is crazy high (1.5 or greater), you know there was a lot of volatility in that period marked by frequent deviations from its mean (since on average it was trading 1.5 standard deviations away from its mean).
The other thing it tells you is the overall sentiment of that time. If the average Z Score was 1.5 for example, we know that buying interest was high and the sentiment was somewhat optimistic, as the stock was trading, on average, + 1.5 SDs away from its mean.
If, on the other hand, the average was, say, - 1.2, then we know the sentiment was overall pessimistic. There was frequent selling and the stock was frequently being pushed below its mean with heavy selling pressure.
We can also check these assumptions of buying / selling buy verifying the volume information. The indicator will list the Buy to Sell Ratio (number of Buyers to Sellers), as well as the total selling volume and total buying volume. Thus, the user can see, objectively, whether sellers or buyers led a particular period.
Adding CDF Probability
CDF probabilities simply mean the extent a stock traded above or below its normal distribution levels.
To help you understand this, the indicator lists the average close price for a period. Directly below that, it lists the CDF probabilities. What this is telling you, is how often and how likely, during that period, the stock was trading below its average. For example, in the main chart, the average close price for BTC in Period A is 29869. The CDF probability is 0.51. This means, during Period A, 51% of the time, BTC was trading BELOW 29869. Thus, the other 49% of the time it was trading ABOVE 29869.
CDF probabilities also help us to assess volatility, similar to Z-Score. Generally speaking, the CDF should consistently be reading about 0.50 to 0.51. This is the point of an average value, half the values should be above the average and half the values should be below. But in times of heightened volatility, you may actually see the CDF creep up to 0.54 or higher, or 0.48 or lower. This means that there was extremely extensive volatility and is very indicative of true “whipsaw” type price action history where a stock refuses to average itself out in one general area and frequently jumps up and down.
Adding Pearson Correlation
Most know what this is, but just in case, the Pearson correlation is a measure of statistical significance. It ranges from 0 (not significant) to 1 (very significant). It can be positive or negative. A positive signifies a positive relationship (i.e. as one value increases so too does the other value being compared). If it is a negative value, it means an inverse relationship (i.e. one value increases proportionately to the other’s decline).
In this indicator, the Pearson correlation is measured against time. A strong positive relationship (a value of 0.5 or greater) indicates that the stock is trading positive to time. As time goes by, the stock goes up. This is a normal relationship and signifies a healthy uptrend.
Inversely, if the Pearson correlation is negative, it means that as time increases, the stock is going down proportionately. This signifies a strong downtrend.
This is another way for the user to interpret sentiment during a specific period.
IF the Pearson correlation is less than 0.5 or -0.5, this signifies an area of indecision. No real trend formed and there was no real strong relationship to time.
Adding Linear Regression Equation
A linear regression equation is simply the slope and the intercept. It is expressed with the formula y= mx + b.
The indicator does a regression analysis on each period and presents this formula accordingly. The user can see the slope and intercept.
Generally speaking, when two periods share the same slope (m value) but different intercept (b value), it can be said that the relationship to time is identical but the starting point is different.
If the slope and intercept are different, as you see in the BTC chart above, it represents a completely different relationship to time and trajectory.
Indicator Specific Information:
The indicator retains the customizability you would expect. You can customize all of your lengths for technical, change and Z-Score. You can toggle on or off Period data, if you want to focus on a single period. You can also toggle on a difference table that directly compares the % difference between Period A to Period B (see image below):
You will also see on the input menu a input for “Threshold” assessments. This simply modifies the threshold parameters for the technical readings. It is defaulted to 3, which means when two technical (for example Max Stochastics) are within +/- 3 of each other, the indicator will light these up as green to indicate similarities. They just clue the user visually to areas where there are similarities amongst the qualitative technical data.
Timeframes
This is best used on the daily timeframe. You can use it on the smaller timeframe but the processing time may take a bit longer. I personally like it for the Daily, Weekly and 4 hour charts.
And this is the indicator in a nutshell!
I will provide a tutorial video in the coming day on how to use it, so check back later!
As always, leave your comments/questions and suggestions below. I have been slowly modifying stuff based on user suggestions so please keep them coming but be patient as it does take some time and I am by no means a coder or expert on this stuff.
Safe trades to all!
Pressure - Buying and SellingThis is the Pressure Indicator.
The Pressure Indicator analyzes a number of price ratios to measure the pressure of Buyers and Sellers.
I’ve also added to the indicator:
1) Moving Averages (MA) – You can choose 3 types of MA:
- Simple Moving Average (SMA)
- Exponential Moving Average (EMA) - default
- Volume Weighted Moving Average (VWMA)
- Arnaud Legoux Moving Average (ALMA)
By default the MA are not displayed. You can turn them on or off.
2) Standard Deviation Bands and MA Bands – Bands only for the MA type 1 selection. Usually, the Pressureis inside the Bands. If it is beyond the Bands that could mean the current trend is ending. The MA Bands are turned off by default but you can turn them on the Styles Tab Menu.
3) Levels for Overbought and Oversold Zones:
- Gray Overbought 60
- Gray Oversold 40
4) Levels for Buying and Selling Pressure (3 types of pressure + 1 more). If the Pressure is crossing various intermediate levels that means there is Buying or Selling Pressure at those levels.
5) Signals for Crossing Overbought and Oversold Levels:
- Top Red fills for Crossing Down Overbought Level
- Bottom Lime fills for Crossing Up Oversold Level
6) Signals for Buying and Selling Pressure:
- Buy Pressure 1 and 2 are the smaller lime dots.
- Buy Pressure 1 and 2 together are the bigger lime dots.
- Buy Pressure 3 (Crossing Deviation Bands Up) are the blue dots.
- Sell Pressure 1 and 2 are the smaller red dots.
- Sell Pressure 1 and 2 together are the bigger red dots.
- Sell Pressure 3 (Crossing Deviation Bands Down) are the orange dots.
If there are more than one dot appearing at the same moment they will appear displaced in a vertical way at the same time.
If there is something wrong with the code or its calculations, please let me know.
If you want to modify or improve the code, feel free to do that, but please let me know the changes you made.
This Indicator is very accurate when using the Weekly Timeframe . I hope you enjoy it!
Liquidation Levels - By LeviathanThis indicator generates liquidation levels of over-leveraged traders and utilizes a variety of different tools to analyze data such as Open Interest and Volume to provide an edge in your trading system and help you with valuable market insights.
The concept of this indicator is inspired by the platform Hyblock and their Liquidation Levels tool.
The script offers a lot of flexibility in settings, so please read these instructions and test out different parameters to see what works best for you. Here is a short overview of all inputs, one by one.
PRIMARY SOURCE OF DATA
This input allows you to choose the primary source of data that the script uses to calculate liquidation levels. I encourage you to test them all and see which works best for the assets and timeframes you trade. You can also regularly switch between to see confluences.
My personal favorite inputs (and also most accurate ones) are Open Interest, Open Interest + Volume (OI+VOL), and Open Interest + CVD (OI+CVD), as they utilize Open Interest in the calculations, which is the most important factor when it comes to analyzing position opening/closing and market activity in general. The other options that do not include Open Interest (Volume, CVD) were mainly added to provide the possibility to use the indicator on pairs where OI data is not available. Please note that this indicator is built on Tradingview and can only use data (e.g., Open Interest) provided by Tradingview, which is unfortunately quite limited. This is why I recommend using the script with OI-based data source inputs on Binance's perpetual futures pairs, as this is where OI data is available. The volume-based data source inputs can be used on spot pairs, forex, indices, and other markets, where Open Interest data is not provided.
To summarize the use of Primary Source of Data input:
1. Open Interest - use on Binance’s perpetual futures or anywhere else where OI data is available
2. OI + VOL - use on Binance’s perpetual futures or anywhere else where OI data is available
3. OI + CVD - use on Binance’s perpetual futures or anywhere else where OI data is available
4. CVD - use on any pair you wish
5. Volume - use on any pair you wish
DIRECTIONAL BIAS
If turned on, the Directional bias function uses volume and some other calculations to predict which side’s liquidation levels are more likely to be filled and only keep those levels on your chart.
- Directional Bias for Liquidation Levels
Turned ON: only one side’s liquidation levels are shown on the chart
Turned OFF: all liquidation levels are shown on the chart
- Directional Bias for Liquidation Level Bubbles
Turned ON: only one side’s liquidation level bubbles are shown on the chart
Turned OFF: all liquidation level bubbles are shown on the chart
I've separated directional bias options between Liquidation Levels and Liquidation Level Bubbles because sometimes it can be useful to have one of them ON and the other one OFF.
REDUCE SENSITIVITY
The Reduce Sensitivity option allows you to multiply the thresholds for "Smaller Size Liquidation," "Medium Size Liquidation," and "Large Size Liquidation" simultaneously. This is a useful feature as it enables you to easily filter larger positions and their liquidations without having to manually alter the standard deviation multipliers, which will be discussed in further detail later in the article.
The default value is 1, which means that it does nothing.
Increasing it above 1 will increase all thresholds and therefore generate fewer liquidation levels but with larger relative sizes.
Decreasing it below 1 will lower all thresholds and therefore generate more liquidation levels but with both smaller and larger relative sizes.
BASE
This input gives you the possibility to choose between four different bases, from which the liquidation levels will be generated.
CLOSE ⇒ Levels are plotted above and below the close of the candle
HALF ⇒ Levels are plotted above and below the middle of the candle ((high+low)/2)
VWAP ⇒ Levels are plotted above and below the volume-weighted average price
VWMA ⇒ Levels are plotted above and below the volume-weighted moving average
I suggest that you backtest them and see what works best for you.
LIQUIDATION LEVEL BUBBLES
If enabled, "Liquidation Level Bubbles" mark the beginning of a new liquidation level and indicate the relative size of liquidations that would occur if the price were to reach that level.
Liquidation Bubbles or Liquidation Levels in general appear when there is a large influx of new positions and logically, (significant) new positions lead to (significant) new liquidation levels. Liquidation Bubbles can be used to estimate the size and therefore significance of a given liquidation level. It could be argued that the price is more likely to be attracted to larger Liquidation Level Bubbles. While this is often true, it is not always the case as the strong momentum created by large positions can sustain for a prolonged period before reversing and filling the remaining levels Similarly to other features in this indicator, significant new positions are identified and filtered using standard deviation thresholds and their multipliers. New positions are considered significant when newly opened positions exceed the threshold for "Smaller Size Liquidation," leading to the creation of new liquidation levels and bubbles.
1. If new positions exceed the first standard deviation multiplier ("Smaller Size Liquidation Level"), but do not exceed “Medium Size Liquidation Level”, a smaller-sized bubble appears.
2. If new positions exceed the second standard deviation multiplier (”Medium Size Liquidation Level”), but do not exceed “Large Size Liquidation Level”, a medium-sized bubble appears.
3. If new positions surpass the third standard deviation multiplier (”Large Size Liquidation Level”), a large-sized bubble appears.
Significant opened positions are identified and filtered by size using three "thresholds" in the form of standard deviations, which can be modified in the indicator settings, in the section called "Standard Deviation Multipliers".
**Increasing** the standard deviation multipliers of Liquidation Level Bubbles effectively increases the threshold for a given bubble to occur, making the conditions for its appearance stricter.
⇒ Fewer Liquidation Levels - just larger positions are included
**Decreasing** the standard deviation multipliers of Liquidation Level Bubbles effectively decreases the threshold for a given bubble to occur, making the conditions for its appearance looser.
⇒ More Liquidation Levels - smaller positions are included
Keep in mind that this should always be the case:
*Smaller Size Liquidation Level < Medium Size Liquidation Level < Large Size Liquidation Level*
MARKET ORDER BUBBLES
"Market Order Bubbles" is my experimental concept used as a way to analyze large volumes and visualize the market activity at significant levels under certain conditions. It is based on my imitation of CVD which is also used in other parts of the script. The aim of this concept is to give you an idea about the real-time heavy market buying and selling, which could indicate eg. large liquidations, large entries/exits. in order to add confluence to your analysis. Please note that this concept is still in its early stages and may be confusing as it might have been poorly implemented. I recommend taking the time to thoroughly read through this section in order to fully understand it. On the other hand, early backtesting results appear very promising, as the win rate of countertrading buy and sell bubbles under certain conditions was fairly high (70%). I will continue working on this tool, so stay tuned for future updates.
**Market Buy Order Bubbles** appear above the price and possibly signal the following:
- Short positions being liquidated (exit short = buy order)
- New traders entering late longs based on FOMO (enter long = buy order)
- New short positions (sells) of “smarter” traders absorbing liquidated/closed shorts (buys)
⇒ Possible reversal to the downside - look for the liquidation levels of longs to get filled
**Market Sell Order Bubbles** appear below the price and possibly signal the following:
- Long positions being liquidated (exit long = sell order)
- New traders entering late shorts based on FOMO (enter short = sell order)
- New long positions (buys) of “smarter” traders absorbing liquidated/closed longs (sells)
⇒ Possible reversal to the upside - look for the liquidation levels of shorts to get filled
significant volumes are identified and filtered using three “thresholds” in the form of standard deviations, which can be modified in indicator settings.
1. If buy/sell volume surpasses the first standard deviation (”**Smaller Size Market Orders**”), then the **smaller-sized bubble** appears.
2. If buy/sell volume surpasses the second standard deviation (”**Medium Size Market Orders**”), then the **medium-sized bubble** appears.
3. If buy/sell volume surpasses the third standard deviation (”**Large Size Market Orders**”), then the **large-sized bubble** appears.
**Increasing** the standard deviation multipliers effectively increases the threshold for a given bubble to appear, making the conditions for its occurrence more strict.
**Decreasing** the standard deviation multipliers effectively decreases the threshold for a given bubble to appear, making the conditions for its occurrence more strict.
Keep in mind that this should always be the case:
*Smaller Size Market Orders < Medium Size Market Orders < Large Size Market Orders*
COLOR CANDLES
The Color Candles function is a useful and interesting feature that will enhance your analysis with additional context. If enabled, the indicator will color the chart's candles based on different data. Currently, there are three options to choose from, with more to be added in future updates.
Color Candles: OI DELTA
This option will color the candles to reflect Open Interest Delta. If there is a net increase in open positions (positive Open Interest Delta), the candle will be colored green. If there is a net decrease in open positions (negative Open Interest Delta), the candle will be colored red. It is important to note that this option only functions on pairs for which Tradingview provides OI data
Color Candles: VOLUME
This option utilizes volume data to help you identify the trend and momentum, coloring the candles accordingly - upward impulses are colored green and downward impulses are colored red. This makes it easier to recognize trend reversals and adjust your directional bias accordingly.
Color Candles: STOCH
This option uses the Stochastic Oscillator and SMA to color the candles, helping you identify momentum as upward green moves transition to downward red moves and vice versa.
LEVERAGE RATIO
Leverage ratio is another experimental concept I have added to this script. If turned on, it provides a broad insight into whether the market is relatively over-leveraged or if the leverage is relatively low. The aim is to use it as a confluence in anticipating incoming volatility and possibly use it to understand other aspects of market activity. It is still in its early stages of development and needless to say, it only works on pairs where Open Interest data is provided by Tradingview.
Crosses above price = Leverage is relatively high
Crosses below price = Leverage is relatively low
MARKET INFO SCREENER, LEVEL LEGEND, HIDE FILLED LINES
The last three inputs of Basic Settings section:
”The Market Info Screener” feature will display a small panel on the right side of your chart that provides useful data about the market, including Open Interest, Volume, the aggressive side of traders, and the Leverage Ratio. More data coming in future updates.
"Level Legend" option will display a small legend on the right side of the chart, helping you or others viewing the chart to understand what the objects on the chart mean.
"Hide Filled Lines" option will hide liquidation levels that have already been filled, only displaying the active ones in order to reduce clutter on your chart.
APPEARANCE
The “Appearance” settings offer a variety of modifications for colors, styles, and visibility.
The "Line Style" input allows you to choose the style and width of the liquidation level lines. You can also select which levels to display, as well as the color of the liquidation level lines and bubbles. The "Max Number of Lines" input allows you to specify the number of level lines you want on a chart. If you feel that there is too much clutter, you can decrease this number, and old lines will be removed. Please note that Tradingview has a built-in limit of 500 lines on a given chart, so this value cannot be set above 500. The "Market Buy/Sell Bubble Style" input can be used to modify the color and style of the market order bubbles. Enabling the "Show Settings Screener" option will display a screener with a list of all your settings on the right side of the chart, making it easier to share your preferred settings with others."
STANDARD DEVIATION MULTIPLIERS
This is where you can set the standard deviation thresholds for Liquidation Levels and Market Order Bubbles. These values can be customized to your preference, as the default values may not be suitable for your needs or you may want to experiment with different values to see more or fewer liquidation levels or market order bubbles on your chart. Personally, I sometimes use this feature to increase the Large Size Market Orders or Large Size Liquidation Levels multipliers so that large-sized bubbles are only assigned to extremely large positions or volumes.
If you want to only analyze larger positions or volumes, you can increase the "Smaller Size" multipliers, which act as a minimum threshold.
If you also want to include even smaller positions or volumes in your analysis, you can decrease the values of the "Smaller Size" multipliers, which act as a minimum threshold
Please note that the "Reduce Sensitivity" option in Basic Settings affects the standard deviation multipliers of the liquidation levels. Changing the "Reduce Sensitivity" value will equally multiply all of them (the ratio between Smaller, Medium, and Large multiplier values will remain the same)
STANDARD DEVIATION LENGTH
"Standard Deviation Length" defines the length (number of bars) used in all calculations that utilize the standard deviation function in this script. Decreasing it will generate Liquidation Levels and Liquidation Bubbles based more on recent data. Increasing it will generate Liquidation Levels and Liquidation Bubbles based on more long-term data.
CVD LENGTH
"CVD Length" refers to the length used in calculating cumulative volumes. Decreasing it will generate Liquidation Levels, Market Order Bubbles, and apply Directional bias based more on recent data. Increasing it will generate those based on more long-term data."
LEVEL CALCULATION MODES
“Level Calculation Modes” enable you to switch between three modes of calculating the distance between the base and actual liquidation levels.
COPYRIGHT
"Copyright" option will add your username to the copyright section at the bottom of the chart, giving you credit for your analysis if you post it somewhere.
Market First Signals - Relative Strength/WeaknessThis market-first trading strategy gives BUY, SHORT, and CLOSE signals based on volume, trend, and relative strength or weakness to the market (SPY by default, can be customized). This indicator is useful for signaling day-trade entries and exits for tickers that are strong (or weak) against the market.
Stocks that are showing relative strength (or weakness) to the market, are trending, and have decent movement generate a buy (or short) signal. When the trend runs out, a CLOSE signal is fired.
Potential profit (based on ATR) and actual profit is calculated, predicting the type of move expected
Unique 'stay in trade' logic helps prevent unnecessary CLOSE signals if a trend is likely to continue
A colored plot indicates the strength of the current trend and turns orange/red when the strength is weakened.
Crypto traders can uncheck 'Trade during market hours' for 24-hour trading, and should change the comparison ticker from SPY to BTCUSD or something similar for their market.
Enjoy!
KEY CONCEPTS
The three- and five-minute timeframes are used to establish and verify trend (ADX/DI with custom logic)
Entries and exits are based on Parabolic SAR and confirmed on multiple timeframes, trend, and relative volume
Relative strength /weakness to the market compares ticker to SPY
Chop is avoided at all costs. I've experimented with choppiness indicator below 38, but found that the ADX DI+/- readings work even better.
Trend is established using ADX DI+/- readings over 20, confirmed by EMA 5/13 crossover and EMA5 slope
Signals will fire only if the average volume for the current 5-min bar is above normal
Only tickers with a five-bar / 13 period ATR of 1% the ticker's price generate signal.
Only longs above daily-anchored VWAP, shorts below daily-anchored VWAP
Signals fire on bar close to prevent repainting / look-ahead bias
Indicator labels and alerts generated
SIGNALS
BUY: up-trending tickers showing relative strength are bought on the three-minute PSAR
SELL: when the close price falls below the 1, 3, and 5-minute PSAR, or the ADX DI- falls below 20
SHORT: down-trending tickers with relative weakness are shorted on the three-minute PSAR
COVER: when the close price moves above the 1, 3, and 5-minute PSAR, or the ADX DI- falls below 20
ALERTS
Alerts are generated on BUY, SELL, SHORT, and COVER signals, as well as optional LOST RELATIVE STRENGTH and LOST RELATIVE WEAKNESS
INPUTS
Use relative strength/weakness comparison with the market : trigger trades based on the ticker's strength or weakness to the selected comparison ticker (usually SPY for equities or BTCUSD for crypto)
Comparison Ticker for relative strength/weakness : Ticker to compare against for relative strength/weakness
Trade during market hours only : Take buy/sells during specified hours. Disable this for crypto trading.
Market hours (market time) : Customize market hours - defaults to 9:30 to 16:00 EST
"Only trade very strong trends" : take trades only if an established trend is very strong (ADX over 40) (DEFAULT = OFF)
"Limit trade direction to VWAP" : Long trades only above VWAP, shorts below (DEFAULT = ON)
"Limit trade direction to Market direction" : Long trades only if SPY (or selected comparison ticker) is up, shorts if the market is down. (DEFAULT= OFF)
"Limit trades based on a ticker's green/red status for the day" : Long trades if the ticker is green for the day, shorts if red. (DEFAULT = OFF)
[VC] Wave Chart Index V1.0V.C Wave Chart Index
Richard D. Wyckoff created the first wave chart, and he instructed students to think in waves. He was an early 20th-century pioneer in the technical approach to studying the stock market and is considered one of the five "titans" of technical analysis, along with Dow, Gann, Elliott and Merrill.
V.C Wave Chart Index is the most comprehensive version of Wyckoff's theory. It is used to measure the strength & weakness of each market move by comparative data analysis. It draws waves on the chart based on Gann Swing theory. At the end of each wave, a label shows all the cumulative data & information of the wave.
With the help of this indicator, You can measure each swing or high/low movement of the market by comparing it with previous high/low price movements. The comparison can be made by using the following data of each wave.
Price Change
Volume Change
Delta Change
Delta % Change
Buy Volume
Sell Volume
Time Spent (Bar Counter)
V.C Wave Chart Index is not only an indicator but itself a unique & comprehensive tool kit to measure & compare each move of the market. This tool enables you to see deep inside each movement of the market. It allows you to observe the nitty-gritty data of each wave at the micro-level with your nacked eyes. With the help of Delta & (C.C) Close to Close Price Change, it is now easy to apply effort & result and cause & effect theory to your analysis. (total volume, buy volume, sell volume & delta % can also be used for comparative analysis)
V.C Wave Chart Index Properties
Price Change or (P.C): Shows the price Change of the Wave
Buy Volume (B.V): Shows the Cumulative Buy Volume of the Wave
Sell Volume (S.V): Shows the Cumulative Sell Volume of the Wave
Delta Volume (∆): Shows the Cumulative Buy - Sell Volume of the Wave
Delta % ∆ : Shows the Cumulative Delta % of the wave
Total Volume (T.V): Shows the Cumulative Total Volume of the Wave
Bar Count (B.C): Shows how much time it took to Complete the Wave
Swing Price: Shows the Reversal Price of the Wave
V.C Wave Chart Index Settings & Inputs Explained
Sensitivity (%): This input helps you adjust to the wave's steepness. 0.001 is my recommended value for all time frames.
Cumulation: This input helps you to control the length & formation of the wave: ( the fewer values = more wave formations & vice versa)
Wave Color: Allow you to change the color of the wave
Draw to Latest Candle: Allow you to show/hide the latest or real-time wave & data.
Divisor: Allow you to divide extensive numeric data into small numbers to read it easily.
Align Text: Allow you to align the text.
Size Text: Allow you to change the size of the text.
Display Toal Delta: Allow you to show or hide total Delta (∆).
Display Percentage Delta (%): Allow you to show or hide Delta (∆) %.
Color Wave Buy: Allow you to change the color.
Color Wave Sell: Allow you to change the color.
Display Total Volume (T.V): Allow you to show/hide total volume
Display Buy Volume (B.V): Allow you to show/hide buy volume
Display Sell Volume (S.V): Allow you to show/hide sell volume
Display Swing Price: Allow you to show/hide swing price
Display Swing Price Change (P.C): Allow you to show/hide price change
Display Close to Close Price Change (C.C): Allow you to show/hide close to close price changes. (previous wave close to current wave close) (recommended for comparative analysis)
P.C Format: Allow you to select the price formate
C.C Format: Allow you to select the price formate
Display Bar Counter (B.C): Allow you to show/hide the bar counter
Comparative Data Analysis Example in the light of Effort & Result Theory
A short explanation of the above analysis
On Wave A , the close to close price change (C.C) is $354 . (its the distance of price that price travelled from the low of the previous wave)
and price travelled this distance with 632 Delta (Delta is an effort which is used to travel the price)
On Wave B , close to close price change (C.C) is -$359 , almost the same distance as the previous wave. But for this distance price used 47% more Delta than the last wave. ( previous Delta is 632 , but current Delta is 931 that is 47% extra)
It indicates that sellers have put more effort in Wave B than Wave A . However, they got similar results as the previous wave. In other words
More Effort & Less Result = Reversal Sign
(that's why in the above example price reversed from a support level)
* Notice that Wave B is also on a key support area/level. And on key support or resistance area, this kind of comparative analysis can give an extra edge in your analysis.
Disclaimer Note:
V.C Wave Chart Index is not a BUY/SELL signal based indicator or a holy grail trading system.
It is purely Volume, Delta and comparative analysis based indicator. Before applying this indicator to your analysis, you should know about V.S.A, Volume, Delta & Spread.
Some basic understanding of Sir Richerd Wyckoff's Theory can also be helpful.
CRYPTO ECLIPSEWelcome to CRYPTO ECLIPSE!
If you see the market as a game between buyers and sellers, CRYPTO ECLIPSE is the EASY MODE.
Don't believe in any word I wrote, but please don't doubt about it until you TEST IT. Just go ahead and take your own conclusions, maybe this script changes your life, like it changed mine.
What would be like if you could see the markets through the eyes of a trader with many years of experience? (and If you are already this trader, you could add this as a live second opnion)
Imagine if you could consistently predcit buyers and sellers actions, attempts and rejections. That's what Price action technical analysis tries, but price action often feels like very subjective and to succeed and learn it, you will probably need at least 4 years of trading, winning and loosing to find consistancy, that's the process. CRYPTO ECLIPSE will show how you will see the market after this years spent, You''ll be skipping this years.
CRYPTO ECLIPSE is a setup that translates the market to you and give you the view of the market as it is, and not only how it was in the past. Differently from almost all other indicators i've seen in my life, CRYPTO ECLIPSE is a setup focused in PREDICT, not REACT. In my opnion that's why indicators not work well, they are too focused in the past, giving late decisions.
Truth be told, it's sounds good, but how do I use it?
I will explain you the main features, what you need to do is: Take some time to learn it, mess with the configs. Until you see the chart as you believe is the best predict scenario for the past, and then just sit and see how it will keep predicting the next moviments. Well, it works for me :)
Why am I renting this setup?
I am not. This is made for you to test for free, and for those who this setup makes all sense, we will build a small comunity around it. Just watch as we go, or Join us.
Before I forget, the setup is also a screener to track the 6 conditions above in the last 1-5 periods.
Main Features description:
BAR COLOR 2 = Strong Buyers domain(Candle's color)
BAR COLOR 3 = Strong Sellers domain(Candle's color)
BAR COLOR 0 e 1 = Fine Tuning(Advanced) There are 3 main ways to use it:
-Standard, following the same 2 and 3 bar colors.
-Changing both 0 and 1 bar colors. You can use Orange or pink or white colors for both 0 and 1, or other any color, try to use one that does not match with green or red for distinction. Consider the 0 and 1 bars as trend changing in course, or the breath of the market before a trend continuation (pullback).
Another option, that's indicated for Professionals only: change bar zero to dark green and 1 to a lighter red. This way you will see the gain and loose game in real time, take some time and you will see dark red going to lighter red will indicate a seller's weakness and the oposite for the buyers. If you are already a PRO, go ahead and play with these 2 options.
BP= STRONG BUYERS DOMAN
BPD= STRONG BUYERS DOMAN DECREASING
SP= STRONG SELLERS DOMAN
SPD= STRONG SELLERS DOMAN DECREASING
EB= POSSIBLE EARLY BUYERS DOMAIN SIGNAL
ES= POSSIBLE EARLY SELLERS DOMAIN SIGNAL
Note that BPD AND SPD are the same as EB and ES, I made this as a double entries so we can combine two different periods. If you look close you'll learn that the periods are related to the range of past periods you want to consider.
IF you pick a low period, it will show more signals, and it willl be more sensitive to the market changes. All the signals are real things that happened there, you will see that there was always a pullback or a consolidation, since this is very sensitive it's better to traders who want what's happening all the time
If you pick a high period, it will show less signals and with significant and strong movement, there are no guesses in this signals, if it did not proceed with a strong moviment, the opposite forces rejected their attempt.
Fit to your market point of view: Mess with the period numbers until you see the signals(arrows) where you understand is the best place to take a trade in the past, and watch it repeat the alert for you in the future, same as bar colors.
Note: If you want to enter only with big movements signals, use Stronger signals and high periods. if you want to try to get the movement begin, go with the early signals, using short periods.
Play with the configs until the chart give you the confidence you want to have to trade your money.
I don't recomend to use it with many indicators, if you add more than one indicator with this, you are probably insecure, and this will be useless to you.
But go ahead and add a trend indicator, if you are a trend trader or a oscillator, if you are a oscillator guy... Whatever you need until you feel confident.
Alway remember, this is only a tool. it's your decision, this is not a buy/sell indicator (maybe in the future), this is a tool to read the market. Always trade SPOT never FUTURES, always keep your stop loss as close as you can.
Enjoy the ECLIPSE
Fx Crusher Scalping Indicator V1█ OVERVIEW
Scalping Indicator with Buy and Sell Signals for the 15 min and 5 min Chart. Works on all assets (Crypto, Forex, Stocks, Indices, Commodities and Metals)
Only use in trending markets. Signals in a ranging market are useless.
This Scalping Indicator is different from others because most of the Buy/ Sell signals actually make sense. No counter trend trading and most signals can be very profitable when used right.The single most important goal was to have an indicator that shows signals with a big possible risk reward ratio. Most false signals are filtered out. The Fx Crusher Scalping Indicator is not perfect but it is amazing. You can customize the indicator to get the highest signal quality.
█ HOW DOES IT WORK?
The indicator determines the trend direction by using 3 different smoothed moving averages. A green background shows an uptrend and a red background shows a downtrend.
The strength of the trend is determined by the slope of the individual SMMAs. You can set the slope of every single SMMA for buys and sells individually.
The indicator only shows signals when there is a clear trend on the current timeframe.
Entry signals are generated by a combination of Williams fractals, SMMA crossover, trend angle and RSI condition.
█ HOW TO USE?
Draw Support & Resistance lines on the 4H Chart
Determine the overall trend on the 1H Timeframe
Go to the 15 min or 5 min Time Frame and have a look at the signals
Adjust the slope of every single SMMA in 0.01 steps until the signals look good
Adjust the RSI settings for overbought and oversold condition if necessary
Only enter a trade after the candle that prints a signal is closed.
Only take buy positions when all SMMAs are going up and don’t touch each other
Only take sell positions when all SMMAs are going down and don’t touch each other
Only use this Scalping Indicator with proper Risk management and a risk reward ratio of around 1:2.
Trail your stop to get the most pips out of the signals. Very often the indicator shows signals right before major moves.
█ ADDITIONAL INFO
Be careful with buy signals when the market on the higher timeframe (4H and 1H) is in a downtrend and vice versa.
You can make the most profit out of this Indicator when you enter with 2 positions. A quick scalp and a runner. Because there's a lot of signals with huge risk reward ratios but also some unprofitable signals . Therefore make sure you make the best out of the good signals and apply proper risk management to limit losses with bad signals. Stop loss placement according to market structure.
Multiple Signals in a row can show a high probability of a very strong upcoming move. Monitor your trades and secure partials to make the best out of it.
You can select how many signals it is going to show once trend conditions are met. Please be aware that the longer a trend goes, the higher is the probability of a reversal. Therefore the first few signals after all conditions are met are most likely the most profitable.
By setting the slope of the slow SMMA correctly you can filter out most signals in a ranging market.
█ DISCLAIMER
This is not financial advice. I do everything I can to provide the most accurate buy and sell signals for scalping but past results are no guarantee for future performance.
Multi-timeframe MAs + Stoch RSI SignalsHello traders,
I welcome you to my first published script on TradingView: “Multi-timeframe Moving Averages + Stochastic RSI”.
The script is based on a simple formula: Buy signals are generated when a fast moving average is above a slower moving average (uptrend) and the Stochastic RSI K line is crossing above the oversold level (entry).
Sell signals are generated when a fast moving average is below a slower moving average (downtrend) and the Stochastic RSI K line is crossing below the overbought level (entry).
This indicator works best in strong trends!
**Please note the above example has repainting turned on which may produce unrealistic results when viewing historical data. See below for more information regarding this and how you can turn it off.**
The user has the following inputs:
- Option to change the Stochastic RSI settings, including the oversold and overbought levels.
- Option to enter any value for both the Fast Moving Average and the Slow Moving Average.
- Option to change between EMA or SMA for each moving average.
- Multiple time frames to choose from, as well as the ability to selectively turn off individual time frames (both plots and alerts).
(Default time frames are 1 hour, 4 hour, and Daily. You can have a 4th time frame by changing your current time frame to something lower than the other 3 time frames)
- Turn on/off repainting: If repainting is turned on you will get an alert and buy/sell signal on chart immediately when condition is met, however the signal may disappear from chart if the condition reverses during the same candle.
If repainting is turned off, the indicator will wait for the candle to close before issuing the alert and painting the signal on chart.
For higher time frames, the indicator will wait for the candle in the higher time frame to close before issuing a signal if repaint is turned off. Default is set to Repaint on, so please be aware of this if you do not want repainting.
How to use alerts:
- Before you do anything, make sure your current time frame is the lowest time frame you’d like alerts on, as you will still receive alerts for the higher time frames you selected in settings.
- Once you have all the settings changed to how you like, save your chart first. Then right click on any of the indicator’s buy/sell signals on the chart and click “Add Alert on MAs + Stoch RSI”.
- Make sure “Any alert() function call” is selected under the Condition.
- You can delete or change the text in “Alert name” if you want as the alert message is already built into the indicator, and it will tell you in the alert message which asset and time frame to buy or sell.
Other things to note:
- The indicator will not display the buy/sell signals of lower time frames when you are on a higher time frame. This was done purposely to reduce clutter on the chart when you switch to higher time frames.
- While the alert message will tell you which time frame a signal was generated, the plots on the chart will instead show “Buy/Sell TF1, or TF2, or TF3”.
If the signal is from the current time frame that the alert was created on, then it will simply show “Buy” or “Sell”.
Hope you guys enjoy using this one, please drop a like if you found it useful. If anyone wants to modify my script in any way, please just credit me for the original work when you publish the script. Good luck!
Grid Bot RSIGrid Bot Simulator. Based on RSI levels.
How it works:
Prices are divided into grids, or trade zones, that are based on RSI levels. Buys will trigger when the RSI crosses into a higher zone, after descending. Sells will trigger when the RSI crosses into a lower zone, after ascending. After triggering, a new signal will not be produced until the RSI progresses into better zone.
Standard Settings :
RSI Length
Number of Grids
RSI Type : Standard RSI or Jurik RSX (based on Everget’s formula)
Show All Grids
Experimental Features (Adjust in settings menu) :
No Trade Zone : RSI Levels where no trades will be signaled. Adjust to prevent over-buying/selling in narrow markets. Default: 35-65:
No Trade Zone (40-60)
Aggression Level : Increase aggressiveness to stack buys/sells at extreme RSI levels:
Aggression = high
Aggression = low
Market Direction : If market is trending up, the bot will skip every other sell ( = more buys than sells). If down, will skip every other buy (more sells than buys). Default: neutral.
Market Direction: down
Market Direction: neutral
lineAlertslineAlerts is a powerful tool to define Buys, Sells and Buy-Sell lines for repeating actions.
The possibilities vary from 1 Buy and/or Sell to repetitive Buying and Selling at definable lines from a specified point in time (Year, Month, Day and Hour to begin).
lineAlerts provides:
+ optional StartBuy and optional EndSell
+ in repeat mode: optional definable ending-action (Buy or Sell, which overwrites Stop-Out/Abort)
+ buy- and sell Lines can be angled separately by using non-zero entries in the Angle %perDay parameter
+ configurable Stop Loss (Percentage, Stop-Out/Abort-Only, Flat or Angled like Buy-Sell-Lines)
+ profit calculation and effective alerts can be set further than the beginning time (ActiveAfter#Hours)
+ empty-bar-correction for lower-liquidity pairs on short timescales (automatically on)
+ optional visual extension to the right for currently active buy-sell lines
+ Slippage Max. Percentage parameter, added to order price for Buying, subtracted for Selling
(represented in the Buy-Sell markings and LastPrice lines, also calculated in Profit/Loss percentages)
+ Full Autoview Alerts automation in the Order parameters (for spot trading, this can be replaced with
your own API commands while creating or modifying the TradingView alerts):
- Separate order size entries for Buying and Selling
- Choice between Percentage or absolute Amount for both Buying and Selling
(choose the corresponding alert-drop-down option when creating an alert!)
The timeframe for running lineAlerts depends on the scale (duration) of the defined pattern.
Running on a very small resolution, e.g. 1-5 Min, is suitable for a pattern of a few days to a week at most.
This is because of the limited available historic data. Keeping your pattern lines shorter than a week on these micro-timeframes will produce accurate results/output. A pattern which may last a few weeks or even months can run flawlessly on a 1H resolution for example.
"Once per bar" is the best alert option in any case. To avoid multiple signals within 1 bar in highly volatile times, it is better to create the alert on the 1 or 4 Hour chart in stead of the daily chart for a pattern of multiple weeks for example.
lineAlerts is suitable for any timeframe on any chart which is open 24/7, like most crypto currencies.
My other published indicators contain a handy combination of new and classical indicators and oscillators.
With lineAlerts, the one defining the lines is in complete control. Results might indicate how good one is at defining trade patterns and at defining suitable stop losses, but lineAlerts is not an indicator as such.
lineAlerts is more something like a visually definable price-line alerter with various stop loss and ending options. There will be a video available with some more explaining.
WARNING:
Note that if an Autoview extension is active for the charted exchange and the according TradingView alerts are activated, it works right out of the box, so make sure to have all order decimals right...
GuidoN - December 2019, July 2020
Jackrabbit.modulus.DCAThis is the Dollar Cost Averaging (DCA) for the Jackrabbit suite and modulus framework.
The blue line is the current average price of the asset.
The red line is the deviation boundary. Price action must be below this line for buys to be signaled.
The green line is the take profit. Price action must be above this line for a sell signal to be generated.
Here is a list of the settings:
Buy method: DCA or Strategy. DCA allows the module to decide buys based upon the methodology (step, price). Strategy added to the average on the basis of a buy signal from the strategy, but only when it is below the deviation and is the most organic of dollar cost averaging.
Sell Method. Take profit or Steategy. Take Profit sells the asset as soon as the price action crosses above the take profit line. Strategy sells on the basis of a sell signal, but only if it is above the take profit. Selling never occurs at a loss, with the only exception being the exit point.
Methodolgy: Step or Price. Stepping allows a fixed and uniform averaging ant percise intervals of deviation. Price is a very aggressive approach that will drive the average down on the basis of the difference between the average and the current price action. The price methodology is VERY high risk.
Take Profit, which describes the average profit percent of the combined positions.
Deviation, which describes the percent boundary for which price action must drop before additional assets are purchased.
Sideways Breaker: This algorithm breaks the sideways rut by forcing a purchase after X days, minimum 1 day.
Exit Position: Internal stop loss expressed in the number of buys.
It is important that when you establish your sell signal, ALL positions must be sold to ensure the average profit. If required, use a CLOSE ALL message provided by your platform. Also, any platform specific DCA or Safety Orders will cause losses as this script can not track their value. It is recommended that these features not be used.
The Jackrabbit modulus framework is a plug in play paradigm built to operate through TradingView's indicator on indicatior (IoI) functionality. As such, this script receives a signal line from the previous script in the IoI chain, and evaluates the buy/sell signals appropriate to the current analysis.
This script is by invitation only. To learn more about accessing this script, please see my signature or send me a PM. Thank you.
™TradeChartist Rubicon™TradeChartist Rubicon is a beautifully designed functional indicator that helps traders enter and exit Long or Short trades with ease.
This indicator is aptly named Rubicon as it studies the candles in the River of Rubicon (Flat Blue River that never stops flowing up and down the chart) through the Lands of Rubicon to find out which army ( Bulls or Bears ) is committing itself to crossing the River and its tides. By doing this for every price candle, the indicator generates BUY and SELL signals along with Targets and real-time Gains on the chart.
What does the ™TradeChartist Rubicon Indicator do?
Plots very high probability BUY and SELL signals on chart
-- Real-time signals are plotted in Orange labels. (Note: Real-time signals repaint. So wait for confirmation before taking a trade position. This feature is included based on feedback from a few traders as some of them like to see a potential direction based on developing candle, its RSI, Stochastic etc.)
-- Confirmed signals are plotted in Green labels for BUY and Red labels for SELL. These signals don't repaint and can be used confidently to enter or exit a trade.
-- Option to choose type of trade opportunity from indicator settings namely - Long trades, Short trades or both, based on which the chart background colour will be green for duration of long trades or red for duration of short trades.
-- Intermediate signals are also plotted between the primary BUY and SELL signals which can be used for re-entry, scalping etc if the opportunity to enter trade at Primary signal was missed. These secondary signals marked as B and S with arrows can be deactivated from indicator settings.
Plots Target levels as soon as BUY or SELL signal is confirmed on chart.
-- These levels can be used as support and resistance levels too.
-- The first 3 TP levels can be used as a litmus test to trade higher levels as the likelihood of price hitting higher profit levels significantly increase when price crosses the first 3 smaller levels.
-- The performance of the current signal can be tracked by using the Show Gains from Primary Signal and the past signals can be accessed by checking Show Past Performance option from Indicator Settings.
Plots % Gains based on candle close in real-time and Max % Gains based on highest since the BUY signal or lowest since the SELL signal. The entry price is normally plotted along with the signals and is an indicative price based on breached resistance. Traders may choose to buy at Market Price or Limit Price based on the price movement at the time of signal generation.
Plots Bulls/Bears waiting price points for chart time-frame if activated from settings. (Default - Not Active)
Automatically plots Bull and Bear power labels along with visually painting the Bull or Bear power on the Lands of Rubicon.
Plots RSI colour candles based on user preferred Overbought and Oversold RSI levels from indicator settings. (Default - 60 Overbought and 30 Oversold)
What markets can this indicator be used on?
Forex
Stocks - works best with 4hr or above and prices calculated taking gaps into account.
Commodities
Cryptocurrencies
and almost any asset on Trading View
Works really well when there is good volume , volatility or both in the asset observed/traded.
What time-frames can this indicator be used on?
This indicator can be used on 1m, 3m, 5m, 10m, 15m, 30m, 1hr, 2hr, 3hr, 4hr, 6hr, 8hr, 12hr, Daily, Weekly, Bi-Weekly and Monthly time-frames. Signal generation based on value, volume and volatility. If an asset has very little volume or is far low in comparative value against the base currency, there can be far too many erratic signals but with most assets, this won't be an issue.
Does this indicator repaint?
No and Yes
-- Once the confirmed BUY (in green) and SELL (in red) signals are posted after a candle close, it doesn't repaint.
-- Repainting happens for real time Orange label BUY and SELL signal on the current candle. Some traders prefer to see the developing signal and trade using RSI, Stochastic etc.
Does the indicator send alerts when a signal is generated?
Yes, traders can get alerts by setting Trading View alerts for BUY/SELL Signals and when a new Profit Target is achieved. For confirmed BUY/SELL alerts, 'Once per bar close' must be used.
Real-time BUY and SELL trigger alerts can also be set using 'Once per bar' or 'Once per minute' as alert frequency.
Some Examples of trades using ™TradeChartist Rubicon indicator
GOLD short trade and Long trade scalping on 15m
GOLD on Daily
SUGAR-USD on 15m
AUD-USD on 5m
LEND-BTC alt pair on Daily
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This is not a free to use indicator. Get in touch with me if you would like access to the indicator for a free trial before deciding on a paid access for a period of your choice.
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Ai Kavach by Pooja v16✅ Fakeout Kavach by Pooja — Smart Fake Breakout Protector
Fakeout Kavach is designed to help traders understand when a breakout is strong and when it is likely to be a trap.
It works as a confirmation and filtering system, giving you a clear view of market strength, momentum, volume pressure, and potential reversal signs — without providing buy/sell recommendations.
This is a support tool for traders who want cleaner entries, fewer trap trades, and better clarity in fast-moving markets.This tool adds an intelligent multi-layer confirmation system on your chart so you can quickly understand:
✔ When the breakout is real
✔ When the market has strength
✔ When momentum is fading
✔ And when you should simply avoid the move
It doesn’t give buy/sell calls.
Instead, it helps you decide “Should I trust this move or not?”
⭐ Core Features (Explained in Simple Language)
🔹 1. Fake Breakout Filter (RSI + MA Logic)
Fakeouts often happen when price shows strength but momentum does not.
This module checks:
RSI strength
RSI–MA crossover behaviour
Momentum direction
Push/rejection zones
📌 Benefit:
Quickly see if the breakout has real strength behind it or it’s just a trap candle.
🔹 2. Trend Strength Filter (ADX Protection)
Most traders lose money in sideways markets.
ADX Filter helps you understand whether the market actually has trend strength or not.
📌 Benefit:
Avoid taking trades when the market is weak, choppy, or directionless.
Only focus on moves backed by strength.
🔹 3. SB/SS Smart Confirmation
SB (Strong Break) and SS (Strong Slide) confirmations highlight alignment between:
Momentum
Trend
Strength
RSI structure
📌 Benefit:
Cleaner entries, fewer false triggers, and more confidence in the move you take.
🔹 4. Divergence Detection (RSI Based)
Catches early signs of:
Bullish reversal
Bearish reversal
Exhaustion at highs/lows
📌 Benefit:
Helps you avoid entering at the worst possible points and improves exit timing.
🔹 5. VAD Module (Volume + ATR + Delta Pressure)
Fake moves usually have weak volume or no volatility.
This module checks:
Volume strength
Volatility (ATR)
Buying/selling pressure (Delta)
📌 Benefit:
Helps you understand whether the breakout is backed by real buyer/seller pressure.
🔹 6. Session Protection
Opening candles can be noisy and unpredictable.
Session block lets you avoid signals during high volatility windows.
📌 Benefit:
No more taking wrong entries during the rush at market open.
🔹 7. Fully Modular – Use Only What YOU Need
Every feature has its own ON/OFF switch.
You can create your perfect setup by enabling only what you prefer.
📌 Benefit:
Suitable for scalpers, intraday traders, swing traders, and even beginners.
🎨 Customization Power — Fully Modular Design
✔ Every section of Fakeout Kavach has its own ON/OFF toggle:
✔ Turn RSI visuals on/off
✔ Enable or disable MA & fills
✔ Activate or hide divergences
✔ Use or ignore ADX trend filter
✔ Show or hide SB/SS signals
✔ Enable or disable session block
✔ Choose label style, shapes, colors, sizes
✔ Keep chart clean or run full analysis mode
✔ You decide what appears.
✔ You control the complexity.
✔ One indicator fits all types of traders.
🌍 Works Across All Markets
✔ Stocks
✔ Crypto
✔ Forex
✔ Commodities
✔ Indices
All timeframes from scalping to swing trading.
⭐ What This Indicator Helps You With
Avoiding trap candles
✔ Understanding when a move is strong or weak
✔ Filtering bad breakouts
✔ Confirming market structure with momentum
✔ Spotting reversal signs early
✔ Building confidence in your entries
✔ Staying out of sideways/no-volume zones
🛠 Support
For indicator-related questions, clarification, or feature suggestions, you can contact the creator through TradingView’s comment section or direct message.
⚠ Disclaimer (TradingView Policy Safe)
This indicator does not provide buy/sell signals, does not predict market movements, and does not guarantee results or profitability.
It is a technical analysis tool intended to assist traders in making their own trading decisions.
Always use proper risk management and follow your own trading plan.
Auto-Anchored Fibonacci Volume Profile [Custom Array Engine]Description:
1. The Theoretical Foundation: Structure vs. Participation In professional technical analysis, traders often struggle to reconcile two distinct datasets: Price Geometry (where price should go) and Market Participation (where money actually went).
Why Fibonacci? (The Structure) Fibonacci Retracements map the mathematical structure of a trend. They identify psychological and algorithmic "interest zones" (0.382, 0.5, 0.618) where a correction is statistically likely to terminate. However, Fibonacci levels are theoretical—they are "lines in the sand" that do not guarantee liquidity or reaction.
Why Volume Profile? (The Verification) Volume Profile maps the historical exchange of shares at specific price levels. It reveals "fair value" (High Volume Nodes) and "market imbalance" (Low Volume Nodes). It is the only tool that verifies if a specific price level was actually accepted by institutional participants.
2. Underlying Calculations (The Custom Engine) This script operates on a custom-built calculation engine that bypasses standard built-in functions entirely. It uses Pine Script Arrays to build a Volume Profile from scratch. Here is the breakdown of the proprietary code logic:
A. The "Smart-Fill" Distribution Algorithm (Solves Gapping)
The Problem: Standard volume scripts often assign a candle's entire volume to a single price row. In volatile markets or steep trends, this creates visual "gaps" or a "barcode" effect because price moved too fast to register on every row.
My Solution: I wrote a custom loop that calculates the vertical overlap of every candle against the profile grid.
The Math: Volume Per Bin = Total Candle Volume / Bins Touched.
The Result: If a single volatile candle spans 10 price rows (bins), the script mathematically divides that volume and distributes it equally into all 10 array indices. This generates a solid, continuous distribution curve that accurately reflects price action through the entire candle range, not just the close.
B. Dynamic Arrays & Split-Volume Logic The script initializes two separate floating-point arrays (buyVolArray and sellVolArray) sized to the user's resolution (up to 300 rows). It iterates through the specific time-window of the swing:
If Close >= Open, the calculated volume slice is injected into the Buy Array.
If Close < Open, it is injected into the Sell Array.
These arrays are then visually stacked to render the dual-color profile, allowing traders to see the "Delta" (Buyer vs. Seller aggression) at key structural levels.
C. Custom Garbage Collection (Performance) To enable the "Auto-Anchoring" feature without causing chart lag or visual artifacts ("ghosting"), the script includes a Garbage Collection System. Before drawing a new profile, the script iterates through a tracking array of all existing objects (box.delete, line.delete) and clears them from memory. This ensures the indicator remains lightweight and responsive even when dragging chart margins or switching timeframes.
3. The Synthesis: Why Combine Them? The core philosophy of this script is Confluence . A Fibonacci level without volume is merely a suggestion; a Fibonacci level backed by volume is a defensive wall. By algorithmically anchoring a Volume Profile to the exact coordinates of a Fibonacci swing, this tool allows traders to instantly answer critical questions:
"Is the Golden Pocket (0.618) supported by a High Volume Node (HVN), or is it a Low Volume Node (LVN) that price might slice through?"
"Is the Shallow Retracement (0.382) holding because of structural support, or just a lack of selling pressure?"
4. How to Read the Indicator
The Geometry: The script automatically detects the trend and draws standard Fib levels (0, 0.236, 0.382, 0.5, 0.618, 0.786, 1.0).
The Confluence Check: Look for the Point of Control (Red Line). If this High Volume Node aligns with a key Fib level (e.g., the 0.618), the probability of a reversal increases significantly.
The Imbalance Check: Look for "Valleys" in the profile (Low Volume Nodes). These gaps often act as "slippage zones" where price travels quickly between structural levels.
Buy/Sell Splits: The dual-color bars (Teal/Red) reveal the composition of the volume. A 0.618 level held up by dominant Buy Volume is a stronger bullish signal than one with mixed volume.
5. Settings & Customization
Lookback Length: Sensitivity of the swing detection (Default: 200 bars).
Resolution: Granularity of the profile rows (Default: 100). Higher values provide smoother definition.
Width (%): Responsive sizing that scales the profile relative to the trend's duration.
Extend Lines: Option to project structural levels infinitely to the right.
Disclaimer This script is an analytical tool for visualizing historical market data. It does not provide trade signals or financial advice.
Trend SignalSystem Trend Signal — What It Does
Shows you when your trading system says "be long" vs "stay out" — with a trailing line and buy/sell labels only when the state flips.
The Rules Built In:
BUY state requires ALL of these:
Price above 50-DMA (intermediate trend up)
10-DMA above 20-DMA (short-term trend confirmed)
Sell/Buy Pressure Ratio below 1.5 AND flattening or falling (sellers not aggressive)
RSI above 30 and not making lower lows (momentum OK)
SELL state triggers on ANY of these :
Price drops below 50-DMA (trend broken)
Pressure Ratio spikes above 2.0 (heavy selling)
RSI making lower lows AND below 40 (momentum failing)
What You See:
"Buy" label appears only when state flips from sell → buy
"Sell" label appears only when state flips from buy → sell
No spam. One label per flip.
The Trailing Line:
Uses ATR to set distance from price.
In buy state: line = close - (ATR × 2.0), ratchets up only
In sell state: line = close + (ATR × 2.0), ratchets down only
MARAL - Ultra Filtered Execution Master EngineMARAL — Super Premium Execution Intelligence
Ultra-Filtered Master Engine + Signals + Entry Checklist + Live Execution Board
What “MARAL” Means
MARAL = Market Awareness + Risk Alignment + Action Logic
Built to align context → risk → decision clearly on the chart.
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What MARAL
MARAL is a super-premium TradingView framework that provides:
• ✅ Sharp Buy/Sell signals
• ✅ Pre-entry permission using a visual checklist
• ✅ Post-entry trade management guidance via a live execution board
• ✅ Probability/score readability to support decisions under pressure
Most indicators stop at: “Buy/Sell.”
MARAL goes further: “Should I take it? Should I stay? Should I protect? Should I partially exit? Should I exit?”
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Built From Real Trading (Loss → Discipline → System)
MARAL was developed from 3–4 years of live market study, including my own losses and wins.
It’s built for real execution reliability, not “perfect marketing backtests.”
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Why MARAL Is Super Premium
Retail traders don’t fail only because of entries. They fail because of execution mistakes:
• entering without context (bias/structure/volatility mismatch)
• trading inside chop/range repeatedly
• holding losers + cutting winners (emotion exits)
• no partial-profit structure
• revenge trading
• late entries/late exits in overextended moves
MARAL is designed to reduce these execution errors with a structured workflow.
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MARAL Architecture & “8-Layer” Intelligence
Many premium tools give 1–3 layers (signals + a couple confirmations).
MARAL is built as a multi-layer execution framework (~8 layers):
1. Signal Layer (Buy/Sell triggers)
2. Higher-Timeframe Bias Layer (directional alignment)
3. Structure Layer (bull/bear structure context)
4. Momentum Layer (RSI + Ultra-Filtered RSI confirmation)
5. Volatility Layer (ATR% tradability)
6. Trend-Strength Layer (ADX environment)
7. Scoring & Probability Layer (Long/Short score + trend vs reversal pressure)
8. Execution Layer (post-entry board: hold/protect/partial exit/exit)
This is why MARAL behaves like an execution intelligence system, not just an arrow tool.
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Panel 1 — Ultra-Filtered Master Engine (The Brain)
The Ultra-Filtered Master Engine powers MARAL’s signals + context + scoring.
It continuously evaluates:
• Multi-timeframe bias agreement
• Structure confirmation
• Momentum quality (noise-filtered)
• Volatility & trend strength (tradability)
• Score & probability readability (trend vs reversal pressure)
Result: signals + context, not blind arrows.
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Panel 2 — Entry Checklist (Pre-Entry Permission — No Signal Blocking)
Instead of hiding signals, MARAL shows a permission checklist that evaluates context and displays:
ENTRY / WAIT / SKIP
✅ Signals remain visible
✅ Reduces impulsive trades
✅ Trader stays in control
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Panel 3 — Execution Board (Post-Entry Decision Support — Premium Edge)
A live execution board guides management decisions:
• Trade Status
• Market Phase (trend/range awareness)
• TP Probability
• Obstacle Ahead (nearby friction/risk)
• Exit Pressure
• Structure State
• Momentum Health
• Score Trend
• Risk State (includes Overextended)
• Trade Age
• Action: Hold / Protect / Partial Exit / Exit / Wait
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Where MARAL Works (Clear & Honest)
MARAL is designed for liquid, directional instruments:
✅ Crypto: BTC/ETH + major liquid pairs
✅ Forex: major pairs
✅ Gold: XAUUSD
✅ Indices: major global indices
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Important Note for Options Traders — Please Read Before Buying
MARAL is NOT recommended for options premium trading (especially short-dated/OTM), because option pricing is strongly affected by IV, Theta decay, Gamma, spreads, and expiry behavior.
Even if the underlying chart direction is correct, options can lose due to IV crush / time decay. Options require an options-specific model.
If your main trading is options buying/selling, please do not purchase.
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MARAL in One Screenshot: How the System Thinks (XAUUSD Example).. Live chart examples and screenshots i will share TradingView posts for the below below example.
MARAL is not a “BUY/SELL arrow” indicator.
It is an Execution Intelligence Engine that gives you:
1. Direction (Bias)
2. Permission (Score + Filters)
3. Execution Guidance (Hold / Exit / Wait)
This is exactly why MARAL is premium: it tells you when to trade and when NOT to trade.
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1) Direction Engine: Multi-Timeframe Bias (Trade ONLY with the flow)
In your screenshot, the info panel clearly shows:
• Last Signal: LONG
• Direction: Bullish
• H1 Bias: Bullish
• H4 Bias: Bullish
• Daily Bias: Bullish
• Structure: Bull Struct
✅ Meaning: MARAL is not randomly buying. It first confirms the market is aligned across timeframes, then it allows only LONG execution logic.
This alone filters out a huge number of low-quality trades.
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2) Strength & Volatility Filter: “Is the move healthy or dangerous?”
From the same panel:
✅ Meaning: MARAL is measuring whether the move has real trend strength, not just “green candles”.
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3) Score Engine: MARAL enters only when confirmations stack
This is the core premium layer:
✅ Meaning:
• MARAL gives a high-quality Long rating
• And it explicitly blocks shorts (“No-Trade”) even if a candle looks tempting.
So buyers understand: MARAL doesn’t overtrade. It filters.
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4) Execution Board: The “Professional Dashboard” (why this is premium)
Your left panel says:
• TRADE STATUS: ✅ VALID
• MARKET PHASE: CONTINUATION
• TP PROBABILITY: HIGH
• OBSTACLE AHEAD: NO
• EXIT PRESSURE: LOW
• STRUCTURE: Bull Struct
• MOMENTUM HEALTH: STRONG
• RISK STATE: NORMAL
• ACTION: HOLD
✅ Meaning (simple for buyers):
MARAL is telling you:
“This is a continuation long. Probability is high. Risk is normal. Don’t panic. Hold the position.”
This is what most indicators never do. They give a signal and disappear.
MARAL stays with the trade and guides execution.
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5) Signals on the chart: Why multiple BUY labels appear
You can see multiple BUY labels during the uptrend.
That is not “spam signals”. It’s continuation entries:
• After trend confirmation,
• MARAL allows re-entries/pyramiding opportunities only when the filters stay valid.
So the buyer sees:
✅ one system catching an entire move, not just one random entry.
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6) The “WAIT” feature (this is a super-premium selling point)
On the right panel (Entry Checklist) you have:
• SETUP: WAIT
• ENTRY PERMISSION: WAIT
✅ Meaning:
Even in a bullish market, MARAL will say WAIT when conditions are not perfect (chop / uncertainty / missing confirmation).
This is the premium story:
“MARAL is not just signals. It tells you when NOT to trade.”
That prevents:
• revenge trades
• overtrading
• entries in messy candles after a spike
Pricing & Early Access (First 100 Users Only)
Special early access pricing applies only for the first 100 users.
After 100 users, pricing will increase.
Early Access Pricing (First 100 Users):
• Monthly: $99
• Quarterly: $249
• Annual: $899
Lifetime Plan (Limited):
• $7500 USD — only 3 seats total (once sold out, lifetime will be closed permanently)
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How to Buy
✅ Purchase, Access & Support
📌 Payment & Access
MARAL is an invite-only premium indicator. Access is granted via direct approval.
MARAL is a premium Trading View indicator with manual access control.
To purchase MARAL, please email us first with your Trading View username.
Payment instructions will be shared by email based on your country.
📧 Email: ksharish0468@gmail.com
Access Delivery
Invite-only TradingView access will be granted within 12–24 hours after verification.
A full user manual will be provided along with activation . One Trading View username per purchase.
Support
For technical doubts/support: ksharish0468@gmail.com
Response time: within maximum 12 hours.
Updates
MARAL will be updated with new features over time.
You will receive email notifications if when updates are released.
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Terms & Conditions
By purchasing, accessing, or using MARAL, you agree:
1) Nature of Product / No Financial Advice
• MARAL is a decision-support indicator for discretionary traders.
• It is not financial advice, not a recommendation, and not a guarantee of results.
2) No Guarantees / User Responsibility
• Trading involves risk and may result in losses.
• You are solely responsible for entries, exits, position sizing, and risk management.
• Examples shown in screenshots are illustrative and not a promise of performance.
3) License & Access
• Access is licensed to one TradingView account (single user).
• The license is non-transferable unless explicitly approved in writing.
• Access is provided via TradingView invite-only / protected script mechanism.
4) Strict Anti-Piracy / Prohibited Use
You may NOT:
• share access, resell access, or provide it to anyone else
• copy, replicate, reverse engineer, decompile, or attempt to recreate the indicator logic
• publish “clone” indicators derived from MARAL’s workflow
• distribute screenshots/videos intended to reveal proprietary logic or reproduce the system
• use group-sharing, “signal forwarding,” or shared accounts
Violation may result in:
✅ immediate access termination without refund
✅ permanent ban from future access
5) Service Availability / Platform Dependency
• Functionality depends on TradingView uptime, data feeds, Pine limitations, and symbol differences.
• Temporary issues can occur due to platform updates or broker feed variance.
6) Updates / Changes
• Features may be improved, refined, added, or adjusted over time.
• Visual layout may change while preserving core framework.
7) Refund Policy (Digital Access Standard)
• Because this is a digital product with immediate access, refunds are generally not available after access is granted.
• Refund requests due to trading losses, profitability, or user execution choices are not eligible.
• Exceptional cases (duplicate payment / access failure) must be reported within 48 hours for review.
8) Limitation of Liability
• The creator is not liable for trading losses, missed entries, data feed discrepancies, platform downtime, or indirect damages.
• Use is at your own risk.
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Disclaimer
MARAL does not guarantee profits. Trade responsibly.
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