PivotBoss Wick Reversal SetupPATTERN SUMMARY
1. The body is used to determine the size oftlle reversal wick. A wick tllat is between 2.5 to 3.5 times larger than
the size of the body is ideal.
2. For a bullish reversal wick to exist, tlle close ofthe bar should fall witllin tlle top 35 percent of the overall range
of the candle.
3. For a bearish reversal wick to exist, the close of the bar should fall within the bottom 35 percent of the overall
range of the candle.
PATTERN PSYCHOLOGY
Figure 2-4 shows several types of bullish and bearish reversal wick candlesticks that can all signal
profitable reversal opportunities in the market, especially if these patterns are paired with key pivot levels. In
traditional candlestick jargon, these particular candlesticks would have names ranging from hammer , hanging
man, inverted hammer , shooting star , gravestone doji , or dragonfly doji , depending on where the candle is
placed in a trend. Now you can see why I simply call these candlesticks wicks, or even tails. Instead of fumbling
over the proper naming of these candlesticks , I believe it is more important to know what these patterns
represent. What are they telling you?
Types of Candlestick Reversal Wicks
When the market has been trending lower then suddenly forms a reversal wick candlestick , the likelihood of
a reversal increases since buyers have finally begun to overwhelm the sellers. Selling pressure rules the decline,
but responsive buyers entered the market due to perceived undervaluation. For the reversal wick to open near the
high of the candle, sell off sharply intra-bar, and then rally back toward the open of the candle is bullish , as it
signifies that the bears no longer have control since they were not able to extend the decline of the candle, or the
trend. Instead, the bulls were able to rally price from the lows of the candle and close the bar near the top of its
range, which is bullish - at least for one bar, which hadn't been the case during the bearish trend (see Figure 2.5).
The Stages of a Reversal Wick
Stage 1 Stage 2 Stage 3
Essentially, when a reversal wick forms at the extreme of a trend, the market is telling you that the trend
either has stalled or is on the verge of a reversal. Remember, the market auctions higher in search of sellers, and
lower in search of buyers. When the market over-extends itself in search of market participants, it will find itself
out of value, which means responsive market participants will look to enter the market to push price back toward
an area of perceived value. This will help price find a value area for two-sided trade to take place. When the
market finds itself too far out of value, responsive market participants will sometimes enter the market with
force, which aggressively pushes price in the opposite direction, essentially forming reversal wick candlesticks .
This pattern is perhaps the most telling and common reversal setup, but requires steadfast confirmation in order
to capitalize on its power. Understanding the psychology behind these formations and learning to identify them
quickly will allow you to enter positions well ahead of the crowd, especially if you've spotted these patterns at
potentially overvalued or undervalued areas.
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VDUB BB %B REVERSAL_v4.2 revised by JustUncleLThis is an revised Open Public version of Vdub Bollinger Band %B reversal indicator. This version includes optional Divergence Finder with selectable channel width, optional Market Session time highlighting and optional Binary Option expiry markers.
VDUB BB %B REVERSAL_v1VDUB BB %B REVERSAL_v1
* i am un able to highlight back ground, so I've merged std & custom together
std & on chart BB settings -
21 / 1.8
RSI DeviationAn oscillator which de-trends the Relative Strength Index. Rather, it takes a moving average of RSI and plots it's standard deviation from the MA, similar to a Bollinger %B oscillator. This seams to highlight short term peaks and troughs, Indicating oversold and overbought conditions respectively. It is intended to be used with a Dollar Cost Averaging strategy, but may also be useful for Swing Trading, or Scalping on lower timeframes.
When the line on the oscillator line crosses back into the channel, it signals a trade opportunity.
~ Crossing into the band from the bottom, indicates the end of an oversold condition, signaling a potential reversal. This would be a BUY signal.
~ Crossing into the band from the top, indicates the end of an overbought condition, signaling a potential reversal. This would be a SELL signal.
For ease of use, I've made the oscillator highlight the main chart when Overbought/Oversold conditions are occurring, and place fractals upon reversion to the Band. These repaint as they are calculated at close. The earliest trade would occur upon open of the following day.
I have set the default St. Deviation to be 2, but in my testing I have found 1.5 to be quite reliable. By decreasing the St. Deviation you will increase trade frequency, to a point, at the expense of efficiency.
Cheers
DJSnoWMan06
SM Trap Detector – Liquidity Sweeps & Institutional ReversalsOverview:
This script is designed to help traders detect Smart Money traps, liquidity grabs, and false breakouts with high precision.
Inspired by institutional trading logic (SMC, ICT, Wyckoff), this tool combines:
🟦 Liquidity Zone Mapping – Detects stop hunt targets near highs/lows
🚨 Trap Candle Detection – Identifies fakeouts using wick + volume logic
✅ Reversal Confirmation – Entry signals based on real market structure
🧭 Dashboard Panel – Always see the last trap type, price, and confirmation
🔔 Real-Time Alerts – Stay notified of traps and entry points
🧠 Logic Breakdown:
Trap Candle = Large wick, small body, volume spike, and sweep of a liquidity zone
Confirmed Entry = Reversal price action following the trap (engulfing-style)
📈 Best Used On:
Markets: Crypto, Forex, Stocks
Timeframes: No limitation but works best on 1H, 4H, Daily
🛠 Suggested Use:
Trade only confirmed entries for best results
Place stops beyond wick highs/lows
Target previous structure or use RR-based exits
📊 Backtest Tip:
Use alerts + replay mode to manually validate past traps.
Note: Please backtest before using it for entry.
Dobrusky Price Action Engine
The Dobrusky Price Action Engine is a powerful all-in-one price action and volume analysis toolkit built for serious traders who want the most important technical insights automatically plotted in real time.
This indicator highlights key price action patterns such as:
Hammers & Shooters
Reversal Bars (with swing context filtering)
Dojis & Inside Bars
Volume Anomalies (High & Low volume bars relative to recent trends)
In addition to bar-based signals, the engine includes a robust suite of automatic support and resistance levels, including:
Previous Month/Week/Day Highs, Lows, and Closes
Current Daily/Weekly/Monthly Opening Prices
Fibonacci Pivot Levels (Daily to Yearly)
Daily Gaps, with optional partial-fill tracking
These levels dynamically adjust based on the chart's timeframe and can be selectively hidden to reduce clutter on higher timeframes.
🔧 Fully Customizable
All price action and volume criteria (e.g. wick-to-body ratios, volume thresholds, ATR filters) are adjustable to fit your personal trading style or strategy. You can fine-tune signal sensitivity, visual styling, and display behavior.
🧠 Proven in Live Trading
This indicator has been developed and battle-tested over two years of live futures and equities trading, continuously optimized for speed and accuracy in real-time charting environments.
💡 Ideal For
Intraday and swing traders
Volume-price-action focused strategies
Traders who want clean, automatic levels without drawing them manually
Anyone looking to spot reversal opportunities or key contextual clues faster
📌 Notes
This indicator does not generate buy/sell signals. It is a decision-support tool designed to make high-quality price action and volume information more obvious, helping you save time and improve trade confidence.
Recommended Use: Overlay this tool on your chart and combine it with your own trade system or discretionary analysis.
Combined Breakout Bands & KNN Trend Signal with Reversalsombined Breakout Bands & KNN Trend Signal – Brief Description
This custom TradingView indicator overlays two complementary systems—a Kalman-filtered breakout band and a K-Nearest-Neighbors (KNN) trend filter—and only flags directional moves when both agree. Green or red trend lines and band fills show the combined direction, while up/down triangles mark confirmed bullish or bearish breaks. Additionally, large circles highlight reversal points, triggering when the combined signal flips from bearish to bullish (long reversal) or bullish to bearish (short reversal). All smoothing, band width, and KNN parameters are fully adjustable via the input panel, giving you precise control over responsiveness and noise-rejection.
False Breakout Detector (FBD)False Breakout Detector (FBD)
Description:
The False Breakout Detector (FBD) is designed to help traders spot failed breakouts and liquidity traps before they lead to losses. It uses a multi-step detection process to highlight potential reversal points where breakouts fail to continue.
How It Works Conceptually:
1. Range Analysis: Calculates a recent high/low range using a user-defined lookback.
2. Breakout Detection: Triggers a breakout signal when price closes outside the range.
3. Multi-Bar Re-Entry Check: If price re-enters the range within a user-defined number of bars, it confirms a false breakout (trap).
4. Visual Signal: Highlights the candle and plots a marker to clearly show where the false breakout occurred.
Trading Use Cases:
• Identify bull and bear traps in real time.
• Avoid false breakout entries in sideways or choppy markets.
• Combine with trend and volume filters to increase trade confidence.
Visual Signals:
• 🔴 Red Highlight + X Above Candle → False bullish breakout → Potential short/sell zone
• 🟢 Green Highlight + X Below Candle → False bearish breakout → Potential long/buy zone
Why This Script is Useful & Original:
• Goes beyond static breakout alerts by requiring multi-bar re-entry confirmation.
• Visually highlights trap candles, making it easy to integrate with any trading strategy.
• Designed for multi-market, multi-timeframe use: stocks, forex, crypto, and indices.
Disclaimer:
• This script is for educational and analytical purposes only.
• No guaranteed profitability; always apply risk management.
• Past performance does not guarantee future results.
HA Reversal StrategyCertainly! Here's a detailed **description (elaboration)** for the **"HA Candle Test"** (i.e., the Heikin Ashi strategy script I just gave you):
---
### 📌 **Script Name**: HA Candle Test
### 📖 **Description**:
This script visualizes **Heikin Ashi candles** and identifies **trend reversal signals** using classic momentum candle behavior — particularly the appearance of **no-wick candles**, which are known to reflect strong directional pressure in Heikin Ashi charts.
It aims to **capture high-probability trend reversals** with minimal noise, relying on the natural smoothing behavior of Heikin Ashi candles.
---
### ✅ **Buy Signal Conditions**:
* At least **two consecutive red Heikin Ashi candles** (indicating a short-term downtrend).
* Followed by a **green Heikin Ashi candle** that has **no lower wick** (i.e., open == low).
* This suggests that **buyers have taken full control**, with no push from sellers — a potential start of an uptrend.
📍 **Interpreted as**: “Market was selling off, but now buyers stepped in strongly — time to consider buying.”
---
### ✅ **Sell Signal Conditions**:
* At least **two consecutive green Heikin Ashi candles** (short-term uptrend).
* Followed by a **red Heikin Ashi candle** that has **no upper wick** (i.e., open == high).
* This implies **sellers are dominating**, with no attempt from buyers to push higher — possible start of a downtrend.
📍 **Interpreted as**: “Market was rallying, but sellers just took over decisively — time to consider selling.”
---
### 📊 **Visual Aids Included**:
* Plots **Heikin Ashi candles** on your main chart for clarity.
* Uses **Buy** and **Sell** label markers (green & red) at signal points.
* Compatible with any timeframe — higher timeframes typically yield stronger signals.
---
### 💡 **Suggested Use**:
* Combine with **support/resistance**, **volume**, or **trend filters** for more robust setups.
* Works well on **1H, 4H, and Daily charts** in trending markets.
* Can be used manually or turned into an automated strategy for backtesting or alerts.
---
Would you like this script packaged as a **strategy()** for backtesting, or would you like me to add **alerts** so you can get notified in real-time when signals appear?
SMC ICT – Simplified Daily Trend & Reversal AnalyzerThis Pine Script provides a simplified approach to analyzing daily trends and potential reversals using concepts inspired by Smart Money Concepts (SMC) and ICT (Inner Circle Trader).
What It Does:
• Detects daily uptrend and downtrend conditions by comparing the current daily high/low to the previous day’s values.
• Highlights potential bullish or bearish reversal zones when price behavior suggests a shift in sentiment.
• Automatically draws dashed lines for the previous day's high and low.
• Labels these high/low levels for quick visual reference.
How to Use:
Apply this indicator to any timeframe chart. Use the plotted trend markers to assess daily direction and potential reversal signals. The dashed lines (previous high/low) can be used as reference points for liquidity zones or break/retest entries.
User Interface:
The indicator displays labels and shapes in English. This script is intended for educational and trading workflow enhancement purposes.
Note:
This is an open-source tool designed for clarity and basic SMC/ICT application. It is best used in combination with other confluences like FVGs, order blocks, and liquidity sweeps.
BB Vicinity Reversal SignalsThis indicator detects potential intraday reversal opportunities based on price action near the outer edges of Bollinger Bands (±2.7 std dev). Unlike traditional Bollinger Band signals that require strict band touches or crossings, this tool identifies reversals that occur in the vicinity of the outer bands, increasing signal frequency while maintaining logical precision.
✅ Key Features:
Buy Signal: Triggered when a bullish candle with a strong body forms near the lower Bollinger Band.
Sell Signal: Triggered when a bearish candle with a strong body forms near the upper Bollinger Band.
Vicinity logic: User-adjustable % range from the outer bands (default: 20%) to define how close price must be.
Body-to-candle ratio filter: Ensures that only meaningful directional candles trigger signals.
No repainting: All signals are generated in real-time based on confirmed candle closes.
Built-in alerts: Receive instant notifications for buy and sell setups.
This tool is ideal for traders looking to capture high-probability mean-reversion trades without being overly restrictive. It works well on intraday timeframes like 5m, 15m, and 1h.
Equal High/Low (EQH/EQL) [AlgoAlpha]OVERVIEW
This script detects and visualizes Equal High (EQH) and Equal Low (EQL) zones—key liquidity areas where price has previously stalled or reversed. These levels often attract institutional interest due to the liquidity buildup around them. The indicator is built to highlight such zones using dynamic thresholding, overbought/oversold RSI filtering, and adaptive mitigation logic to manage zone relevance over time.
CONCEPTS
Equal Highs/Lows are price points where the market has repeatedly failed to break past a certain high or low, hinting at areas where stop orders and pending interest may be concentrated. These areas are often prime targets for liquidity grabs or reversals. By combining this with RSI filtering, the script avoids false signals during neutral conditions and instead focuses on zones where market pressure is more directional.
FEATURES
Detection Logic: The script identifies EQH and EQL zones by comparing the similarity between recent highs or lows with a dynamic volatility threshold. The `tolerance` input allows users to control how strict this comparison is.
RSI Filtering: If enabled, it only creates zones when RSI is significantly overbought or oversold (based on the `state_thresh` input). This helps ensure zones form only in meaningful market conditions.
Zone Display: Bullish (EQL) zones are shown in grey, while bearish (EQH) zones are in blue. Two horizontal lines mark the zone using wick and body extremes, and a filled area visualizes the zone between them.
Zone Management: Zones automatically extend with price until they’re invalidated. You can choose whether a zone is removed based on wick or body sweeps and whether it requires one or two candle confirmations. Zones also expire after a customizable number of bars.
Alerts: Four alert conditions are built in—when a new EQH/EQL is formed and when one is mitigated—making it easy to integrate into alert-based workflows.
USAGE
Equal highs/lows can be used as liquidity markers, either as entry points or as take-profit targets.
This tool is ideal for liquidity-based strategies and helps traders map out possible reversal or sweep zones that often precede aggressive moves.
Multi Candle Engulfing Detector🔍 Multi Candle Engulfing Detector
This indicator identifies powerful engulfing candles that consume three or more previous candles — a signal often tied to strong market reversals or continuation moves.
🧠 Features
Detects candles that fully engulf the previous 3 or more candles
Optional filtering: only trigger when the engulfed candles are of the opposite color
Customizable engulf count for greater pattern control
Clear bullish and bearish signal labels on the chart
Alerts integrated: get notified the moment a setup forms
Background highlighting for enhanced visibility
⚙️ Settings
Minimum Number of Candles to Engulf: Default is 3, but can be adjusted
Require Opposite Color: When enabled, the engulfing candle must be opposite in color to the engulfed ones (e.g., green engulfing red)
📈 Use Cases
Spot strong reversal signals at tops and bottoms
Confirm breakout momentum on trend continuation
Use in confluence with other tools like volume or support/resistance
🚨 Alerts
Alerts fire when a bullish or bearish engulfing pattern is detected, allowing for mobile, email, or webhook notifications.
✅ Notes
This script is fully customizable and can be extended into a strategy or scanning tool. Feedback and suggestions are always welcome!
Bullish & Bearish Engulfing ProHello Traders!
Overview
The Bullish & Bearish Engulfing Pro indicator is a powerful pattern recognition tool that identifies key reversal points and trend continuation opportunities. These engulfing patterns often mark the beginning of a significant price move and are widely used in technical analysis. For example, in an uptrend, a Bullish Engulfing pattern can provide an ideal pullback entry signal.
This indicator combines traditional candlestick theory with advanced technical filters like trend direction and volatility analysis to offer traders precise, high-confidence signals.
Key Features :
Accurate pattern detection:
Uses refined algorithms to detect true Bullish and Bearish Engulfing patterns, filtering out noise and false positives.
Trend filter:
Customizable Simple Moving Average (SMA) ensures trades are aligned with the market’s broader trend, improving trade success rates.
Volatility awareness:
ATR-based filtering ensures that only statistically significant engulfing patterns are highlighted.
Visual clarity:
Bullish and Bearish Engulfing patterns are displayed with distinct, customizable colors and labels for instant recognition.
Flexible customization:
Users can adjust detection criteria, SMA settings, and visual options to suit their personal strategy.
Filtered signal display:
Option to visualize filtered-out signals to better understand how the logic makes its decisions.
Bullish Engulfing Pattern
Appears after a downtrend or during a pullback in an uptrend
Consists of two candles
A smaller bearish candle
Followed by a larger bullish candle that completely engulfs the previous body
Bearish Engulfing Pattern
Appears after an uptrend or during a pullback in a downtrend
Consists of two candles
A smaller bullish candle
Followed by a larger bearish candle that completely engulfs the previous body
Key differences in this implementation
What makes this indicator unique
Trend and volatility filters
Ensure patterns occur in meaningful market conditions
Comprehensive pattern analysis:
Factors in candle body ratios, wick sizes, and relative size to past candles for smarter detection
Adaptive to market conditions:
Dynamic thresholds based on ATR allow pattern recognition to adjust to different volatility regimes
Educational value:
Visualizing rejected patterns helps traders build intuition and refine their discretion
How to Trade with this Indicator
Engulfing patterns can signal strong reversals or pullback continuations. Use them with trend and volume confirmation to maximize their effectiveness.
snapshot
Bullish Opportunities:
Look for Bullish Engulfing patterns (aqua-colored candles and labels) during or after a pullback in an uptrend.
Bearish Opportunities:
Watch for Bearish Engulfing patterns (orange-colored candles and labels) during or after a rally in a downtrend.
Entry: Enter on the next bar open after the engulfing candle completes.
Stop loss: 2 ticks below/above the engulfing candle’s low/high.
Take profit: Aim for at least a 2R target, a swing high/low or manage the tradewith a trailing stop.
Trend Alignment:
For higher win probability, take trades only in the direction of the SMA-defined trend.
Note: To ensure the candle coloring appears correctly, place the indicator at the top of the object tree.
Smarter Money Concepts - OBs [PhenLabs]📊 Smarter Money Concepts - OBs
Version: PineScript™ v6
📌 Description
Smarter Money Concepts - OBs (Order Blocks) is an advanced technical analysis tool designed to identify and visualize institutional order zones on your charts. Order blocks represent significant areas of liquidity where smart money has entered positions before major moves. By tracking these zones, traders can anticipate potential reversals, continuations, and key reaction points in price action.
This indicator incorporates volume filtering technology to identify only the most significant order blocks, eliminating low-quality signals and focusing on areas where institutional participation is likely present. The combination of price structure analysis and volume confirmation provides traders with high-probability zones that may attract future price action for tests, rejections, or breakouts.
🚀 Points of Innovation
Volume-Filtered Block Detection : Identifies only order blocks formed with significant volume, focusing on areas with institutional participation
Advanced Break of Structure Logic : Uses sophisticated price action analysis to detect legitimate market structure breaks preceding order blocks
Dynamic Block Management : Intelligently tracks, extends, and removes order blocks based on price interaction and time-based expiration
Structure Recognition System : Employs technical analysis algorithms to find significant swing points for accurate order block identification
Dual Directional Tracking : Simultaneously monitors both bullish and bearish order blocks for comprehensive market structure analysis
🔧 Core Components
Order Block Detection : Identifies institutional entry zones by analyzing price action before significant breaks of structure, capturing where smart money has likely positioned before moves.
Volume Filtering Algorithm : Calculates relative volume compared to a moving average to qualify only order blocks formed with significant market participation, eliminating noise.
Structure Break Recognition : Uses price action analysis to detect legitimate breaks of market structure, ensuring order blocks are identified only at significant market turning points.
Dynamic Block Management : Continuously monitors price interaction with existing blocks, extending, maintaining, or removing them based on current market behavior.
🔥 Key Features
Volume-Based Filtering : Filter out insignificant blocks by requiring a minimum volume threshold, focusing only on zones with likely institutional activity
Visual Block Highlighting : Color-coded boxes clearly mark bullish and bearish order blocks with customizable appearance
Flexible Mitigation Options : Choose between “Wick” or “Close” methods for determining when a block has been tested or mitigated
Scan Range Adjustment : Customize how far back the indicator looks for structure points to adapt to different market conditions and timeframes
Break Source Selection : Configure which price component (close, open, high, low) is used to determine structure breaks for precise block identification
🎨 Visualization
Bullish Order Blocks : Blue-colored rectangles highlighting zones where bullish institutional orders were likely placed before upward moves, representing potential support areas.
Bearish Order Blocks : Red-colored rectangles highlighting zones where bearish institutional orders were likely placed before downward moves, representing potential resistance areas.
Block Extension : Order blocks extend to the right of the chart, providing clear visualization of these significant zones as price continues to develop.
📖 Usage Guidelines
Order Block Settings
Scan Range : Default: 25. Defines how many bars the indicator scans to determine significant structure points for order block identification.
Bull Break Price Source : Default: Close. Determines which price component is used to detect bullish breaks of structure.
Bear Break Price Source : Default: Close. Determines which price component is used to detect bearish breaks of structure.
Visual Settings
Bullish Blocks Color : Default: Blue with 85% transparency. Controls the appearance of bullish order blocks.
Bearish Blocks Color : Default: Red with 85% transparency. Controls the appearance of bearish order blocks.
General Options
Block Mitigation Method : Default: Wick, Options: Wick, Close. Determines how block mitigation is calculated - “Wick” uses high/low values while “Close” uses close values for more conservative mitigation criteria.
Remove Filled Blocks : Default: Disabled. When enabled, order blocks are removed once they’ve been mitigated by price action.
Volume Filter
Volume Filter Enabled : Default: Enabled. When activated, only shows order blocks formed with significant volume relative to recent average.
Volume SMA Period : Default: 15, Range: 1-50. Number of periods used to calculate the average volume baseline.
Min. Volume Ratio : Default: 1.5, Range: 0.5-10.0. Minimum volume ratio compared to average required to display an order block; higher values filter out more blocks.
✅ Best Use Cases
Identifying high-probability support and resistance zones for trade entries and exits
Finding optimal stop-loss placement behind significant order blocks
Detecting potential reversal areas where price may react after extended moves
Confirming breakout trades when price clears major order blocks
Building a comprehensive market structure map for medium to long-term trading decisions
Pinpointing areas where smart money may have positioned before major market moves
⚠️ Limitations
Most effective on higher timeframes (1H and above) where institutional activity is more clearly defined
Can generate multiple signals in choppy market conditions, requiring additional filtering
Volume filtering relies on accurate volume data, which may be less reliable for some securities
Recent market structure changes may invalidate older order blocks not yet automatically removed
Block identification is based on historical price action and may not predict future behavior with certainty
💡 What Makes This Unique
Volume Intelligence : Unlike basic order block indicators, this script incorporates volume analysis to identify only the most significant institutional zones, focusing on quality over quantity.
Structural Precision : Uses sophisticated break of structure algorithms to identify true market turning points, going beyond simple price pattern recognition.
Dynamic Block Management : Implements automatic block tracking, extension, and cleanup to maintain a clean and relevant chart display without manual intervention.
Institutional Focus : Designed specifically to highlight areas where smart money has likely positioned, helping retail traders align with institutional perspectives rather than retail noise.
🔬 How It Works
1. Structure Identification Process :
The indicator continuously scans price action to identify significant swing points and structure levels within the specified range, establishing a foundation for order block recognition.
2. Break Detection :
When price breaks an established structure level (crossing below a significant low for bearish breaks or above a significant high for bullish breaks), the indicator marks this as a potential zone for order block formation.
3. Volume Qualification :
For each potential order block, the algorithm calculates the relative volume compared to the configured period average. Only blocks formed with volume exceeding the minimum ratio threshold are displayed.
4. Block Creation and Management :
Valid order blocks are created, tracked, and managed as price continues to develop. Blocks extend to the right of the chart until they are either mitigated by price action or expire after the designated timeframe.
5. Continuous Monitoring :
The indicator constantly evaluates price interaction with existing blocks, determining when blocks have been tested, mitigated, or invalidated, and updates the visual representation accordingly.
💡 Note:
Order Blocks represent areas where institutional traders have likely established positions and may defend these zones during future price visits. For optimal results, use this indicator in conjunction with other confluent factors such as key support/resistance levels, trendlines, or additional confirmation indicators. The most reliable signals typically occur on higher timeframes where institutional activity is most prominent. Start with the default settings and adjust parameters gradually to match your specific trading instrument and style.
Upside Reversal ScreenerIndicator mainly intended to be used in Pinescript screener to find Upside Reversals - where an instruments drops in price then reverses.
The minimum drop (as % or % of instrument ATR) and minimum recovery (as fraction of drop) can be specified.
When used as an indicator (Set the "Running in Screener" input to False in the settings) an up arrow will show under the days where an upside reversal occurred.
To use in a screener, set it as a favourite indicator, so it will be showin in the PineScript screener.
The indicator publishes the Open, High, Low, Close (or last) prices, % price change, % of drop (from high), the recovery (as % of drop), and if the stock matched the reverse settings.
Custom Volatility Spike DetectorOverview
This custom indicator combines Bollinger Bands (standard deviation) and percentile analysis to statistically detect significant volatility spikes.
When a spike occurs, the background color of the corresponding bar automatically changes, allowing for instant recognition of market turbulence. Additionally, it can be used to draw support and resistance lines, improving entry and exit precision.
Features
✅ High-Precision Spike DetectionUtilizes Bollinger Bands (standard deviation) × percentile analysis to identify only reliable volatility spikes.
✅ Clear Visual AlertsWhen a spike occurs, the background color of the bar changes automatically!It doesn’t clutter the chart, allowing intuitive recognition of anomalies.
✅ Volume Filtering IncludedCuts out noise during low-volume periods, providing reliable signals.
✅ Simple DesignEliminates unnecessary labels and drawings, keeping the chart clean.
How the Indicator Works
1️⃣ Statistical AnalysisCalculates volatility over a specified period using both "standard deviation-based" and "percentile-based" methods to detect anomalies.
2️⃣ Volume FilteringRecognizes a spike only when the current volume exceeds the average or recent peak.
3️⃣ Auto-HighlightingWhen a valid spike occurs, the bar's background color changes automatically, enhancing visibility.
Use Cases
🔹 Identify Market Reversal PointsDetects sharp increases in volatility, spotting potential breakouts and trend reversals.
🔹 Enhance Risk ManagementQuickly recognizes market turbulence, helping to adjust positions and set stop losses.
🔹 Complementary Technical AnalysisCan be combined with other indicators to develop more precise trading strategies.
🔹 Support and Resistance Line AssistanceUses detected spikes as a reference to identify key price levels (support & resistance).
What Makes This Indicator Unique?
🔸 Incorporates a unique volume filter and algorithm in addition to standard volatility analysis, achieving high precision and reliability!🔸 Visually intuitive and capable of responding to market turbulence in real time!
Disclaimer
This indicator does not provide buy/sell signals but serves as a market analysis aid.
It is recommended to validate its effectiveness and use it alongside other analytical methods before applying it.
Use of this indicator is at the user's own risk.
Credit
This script is originally developed by PakunFX and is not a copy of any other indicator.
Summary
This volatility spike detection indicator visually captures market turbulence and helps improve trading accuracy.
🔹 Detect volatility spikes effectively!🔹 Remove noise with volume filtering!🔹 Intuitive and easy-to-use design!
Quarterly Theory ICT 03 [TradingFinder] Precision Swing Points🔵 Introduction
Precision Swing Point (PSP) is a divergence pattern in the closing of candles between two correlated assets, which can indicate a potential trend reversal. This structure appears at market turning points and highlights discrepancies between the price behavior of two related assets.
PSP typically forms in key timeframes such as 5-minute, 15-minute, and 90-minute charts, and is often used in combination with Smart Money Concepts (SMT) to confirm trade entries.
PSP is categorized into Bearish PSP and Bullish PSP :
Bearish PSP : Occurs when an asset breaks its previous high, and its middle candle closes bullish, while the correlated asset closes bearish at the same level. This divergence signals weakness in the uptrend and a potential price reversal downward.
Bullish PSP : Occurs when an asset breaks its previous low, and its middle candle closes bearish, while the correlated asset closes bullish at the same level. This suggests weakness in the downtrend and a potential price increase.
🟣 Trading Strategies Using Precision Swing Point (PSP)
PSP can be integrated into various trading strategies to improve entry accuracy and filter out false signals. One common method is combining PSP with SMT (divergence between correlated assets), where traders identify divergence and enter a trade only after PSP confirms the move.
Additionally, PSP can act as a liquidity gap, meaning that price tends to react to the wick of the PSP candle, making it a favorable entry point with a tight stop-loss and high risk-to-reward ratio. Furthermore, PSP combined with Order Blocks and Fair Value Gaps in higher timeframes allows traders to identify stronger reversal zones.
In lower timeframes, such as 5-minute or 15-minute charts, PSP can serve as a confirmation for more precise entries in the direction of the higher timeframe trend. This is particularly useful in scalping and intraday trading, helping traders execute smarter entries while minimizing unnecessary stop-outs.
🔵 How to Use
PSP is a trading pattern based on divergence in candle closures between two correlated assets. This divergence signals a difference in trend strength and can be used to identify precise market turning points. PSP is divided into Bullish PSP and Bearish PSP, each applicable for long and short trades.
🟣 Bullish PSP
A Bullish PSP forms when, at a market turning point, the middle candle of one asset closes bearish while the correlated asset closes bullish. This discrepancy indicates weakness in the downtrend and a potential price reversal upward.
Traders can use this as a signal for long (buy) trades. The best approach is to wait for price to return to the wick of the PSP candle, as this area typically acts as a liquidity level.
f PSP forms within an Order Block or Fair Value Gap in a higher timeframe, its reliability increases, allowing for entries with tight stop-loss and optimal risk-to-reward ratios.
🟣 Bearish PSP
A Bearish PSP forms when, at a market turning point, the middle candle of one asset closes bullish while the correlated asset closes bearish. This indicates weakness in the uptrend and a potential price decline.
Traders use this pattern to enter short (sell) trades. The best entry occurs when price retests the wick of the PSP candle, as this level often acts as a resistance zone, pushing price lower.
If PSP aligns with a significant liquidity area or Order Block in a higher timeframe, traders can enter with greater confidence and place their stop-loss just above the PSP wick.
Overall, PSP is a highly effective tool for filtering false signals and improving trade entry precision. Combining PSP with SMT, Order Blocks, and Fair Value Gaps across multiple timeframes allows traders to execute higher-accuracy trades with lower risk.
🔵 Settings
Mode :
2 Symbol : Identifies PSP and PCP between two correlated assets.
3 Symbol : Compares three assets to detect more complex divergences and stronger confirmation signals.
Second Symbol : The second asset used in PSP and correlation calculations.
Third Symbol : Used in three-symbol mode for deeper PSP and PCP analysis.
Filter Precision X Point : Enables or disables filtering for more precise PSP and PCP detection. This filter only identifies PSP and PCP when the base asset's candle qualifies as a Pin Bar.
Trend Effect : By changing the Trend Effect status to "Off," all Pin bars, whether bullish or bearish, are displayed regardless of the current market trend. If the status remains "On," only Pin bars in the direction of the main market trend are shown.
Bullish Pin Bar Setting : Using the "Ratio Lower Shadow to Body" and "Ratio Lower Shadow to Higher Shadow" settings, you can customize your bullish Pin bar candles. Larger numbers impose stricter conditions for identifying bullish Pin bars.
Bearish Pin Bar Setting : Using the "Ratio Higher Shadow to Body" and "Ratio Higher Shadow to Lower Shadow" settings, you can customize your bearish Pin bar candles. Larger numbers impose stricter conditions for identifying bearish Pin bars.
🔵 Conclusion
Precision Swing Point (PSP) is a powerful analytical tool in Smart Money trading strategies, helping traders identify precise market turning points by detecting divergences in candle closures between correlated assets. PSP is classified into Bullish PSP and Bearish PSP, each playing a crucial role in detecting trend weaknesses and determining optimal entry points for long and short trades.
Using the PSP wick as a key liquidity level, integrating it with SMT, Order Blocks, and Fair Value Gaps, and analyzing higher timeframes are effective techniques to enhance trade entries. Ultimately, PSP serves as a complementary tool for improving entry accuracy and reducing unnecessary stop-outs, making it a valuable addition to Smart Money trading methodologies.
Uptrick: Time Based ReversionIntroduction
The Uptrick: Time Based Reversion indicator is designed to provide a comprehensive view of market momentum and potential trend shifts by combining multiple moving averages, a streak-based trend analysis system, and adaptive color visualization. It helps traders identify strong trends, spot potential reversals, and make more informed trading decisions.
Purpose
The primary goal of this indicator is to assist traders in distinguishing between sustained market movements and short-lived fluctuations. By evaluating how price behaves relative to its moving averages, and by measuring consecutive streaks above or below these averages, the indicator highlights areas where trends are likely to continue or lose momentum.
Overview
Uptrick: Time Based Reversion calculates one or more moving averages of price data and then tracks the number of consecutive bars (streaks) above or below these averages. This streak-based detection provides insight into whether a trend is gaining strength or nearing a potential reversal point. The indicator offers:
• Multiple moving average types (SMA, EMA, WMA)
• Optional second and third moving average layers for additional smoothing of first moving average
• A streak detection system to quantify trend intensity
• A dynamic color scheme that changes with streak strength
• Optional buy and sell signals for potential trade entries and exits
• A ribbon mode that applies moving averages to Open, High, Low, and Close prices for a more detailed visualization of overall trend alignment
Originality and Uniqueness
Unlike traditional moving average indicators, Uptrick: Time Based Reversion incorporates a streak measurement system to detect trend strength. This approach helps clarify whether a price movement is merely a quick fluctuation or part of a longer-lasting trend. Additionally, the optional ribbon mode extends this logic to Open, High, Low, and Close prices, creating a layered and intuitive visualization that shows complete trend alignment.
Inputs and Features
1. Enable Ribbon Mode
This input lets you activate or deactivate the ribbon display of multiple moving averages. When enabled, the script plots moving averages for the Open, High, Low, and Close prices and uses color fills to show whether these four data points are collectively above or below their respective moving averages.
2. Color Scheme Selection
Users can choose from several predefined color schemes, such as Default, Emerald, Crimson, Sapphire, Gold, Purple, Teal, Orange, Gray, Lime, or Aqua. Each scheme assigns distinct bullish, bearish and neutral colors..
3. Show Buy/Sell Signals
The indicator can display buy or sell signals based on its streak analysis logic. These signals appear as markers on the chart, indicating a “Safe Uptrend” (buy) or “Safe Downtrend” (sell).
4. Moving Average Types and Lengths
• First MA Type and Length: Choose SMA, EMA, or WMA along with a customizable period.
• Second and Third MA Types and Lengths: You can optionally stack additional moving averages for further smoothing, each with its own customizable type and period.
5. Streak Threshold Multiplier
This numeric input determines how strong a streak must be before the script considers it a “safe” trend. A higher multiplier requires a longer or more intense streak for a buy or sell signal.
6. Dynamic Transparency Calculation
The color intensity adapts to the streak’s strength. Longer streaks increase the transparency of the opposing color, making the current dominant color stand out. This feature ensures that a vigorous uptrend or downtrend is visually distinct from short-lived or weaker moves.
7. Ribbon Moving Averages
In ribbon mode, the script calculates moving averages for the Open, High, Low, and Close prices. Each of these is optionally smoothed again if the second and/or third moving average layers are active. The final result is a ribbon of moving averages that helps confirm whether the market is uniformly aligned above or below these key reference points.
Calculation Methodology
1. Initial Moving Average
The script calculates the first moving average (SMA, EMA, or WMA) of the closing price over a user-defined period.
2. Optional Secondary and Tertiary Averages
If selected, the script then applies a second and/or third smoothing step. Each of these steps can be a different type of moving average (SMA, EMA, or WMA) with its own period length.
3. Streak Detection
The indicator counts consecutive bars above or below the smoothed moving average. A running total (streakUp or streakDown) increments with every bar that remains above or below that average.
4. Reversion Intensity
The script compares the current streak value to its own average (calculated over the final chosen period). This ratio determines whether the streak is nearing a likely reversion or is strong enough to continue.
5. Color Assignment and Signals
The indicator calculates color transparency based on streak intensity. Buy and sell signals appear when the streak meets or exceeds the threshold multiplier, indicating a safe uptrend or downtrend.
Color Schemes and Visualization
This indicator offers multiple predefined color sets. Each scheme specifies a unique bullish color, bearish color and neutral color. The script automatically varies transparency to highlight strong trends and fade weaker ones, making it visually clear when a trend is intensifying or losing momentum.
Smoothing Techniques
By allowing up to three layers of moving average smoothing, the indicator accommodates different trading styles. A single layer provides faster reactions to market changes, while more layers reduce noise at the cost of slower responsiveness. Traders can choose the right balance between responsiveness and stability for their strategy, whether it is short-term scalping or long-term trend following.
Why It Combines Specific Smoothing Techniques
The Uptrick: Time Based Reversion indicator strategically combines specific smoothing techniques—SMA, EMA, and WMA—to leverage their complementary strengths. The SMA provides stable and consistent trend identification by equally weighting all data points, while the EMA emphasizes recent price movements, allowing quicker responses to market changes. WMA enhances sensitivity to recent price shifts, which helps in detecting subtle momentum changes early. By integrating these methods in layers, the indicator effectively balances responsiveness with stability, helping traders clearly identify genuine trend changes while filtering out short-term noise and false signals.
Ribbon Mode
If Open, High, Low, and Close prices remain above or below their respective moving averages consistently, the script colors the bars fully bullish or bearish. When the data points are mixed, a neutral color is applied. This mode provides a thorough perspective on whether the entire price range is aligned in one direction or showing conflicting signals.
Summary
Uptrick: Time Based Reversion combines multiple moving averages, streak detection, and dynamic color adjustments to help traders identify significant trends and potential reversal areas. Its flexibility allows it to be used either in a simpler form, with one moving average and streak analysis, or in a more advanced configuration with ribbon mode that charts multiple smoothed averages for a deeper understanding of price alignment. By adapting color intensities based on streak strength and providing optional buy/sell signals, this indicator delivers a clear and flexible tool suited to various trading strategies.
Disclaimer
This indicator is designed as an analysis aid and does not guarantee profitable trades. Past performance does not indicate future success, and market conditions can change unexpectedly. Users are advised to employ proper risk management and thoroughly evaluate trades before taking positions. Use this indicator as part of a broader strategy, not as a sole decision-making tool.
Overextension Oscillator [by DanielM]The Overextension Oscillator is an indicator that detects when a market move has extended significantly beyond its typical range, signaling potential areas for a correction or reversal. Unlike traditional oscillators that rely on fixed overbought/oversold levels, this tool dynamically adjusts its thresholds based on historical swing high and swing low movements.
By analyzing all swing points on the chart, the indicator determines the expected range of price movements and identifies when the price extends beyond normal levels. Since every asset has different price behavior and volatility, swing lengths may vary from asset to asset, ensuring that overextension is measured relative to each market's historical price behavior.
How It Works
1️⃣ Swing Detection & Data Collection
The indicator scans all available swing highs and swing lows on the chart to gather a complete dataset of past price fluctuations.
It records the percentage differences between swings to determine how much price typically moves in a given market.
2️⃣ Overextension Calculation
Using the stored swing data, the indicator calculates:
Average Swing Difference – Measures the average percentage difference between swings.
Average Move Percentage – Determines the typical magnitude of price moves within a trend cycle.
These values are used to create dynamic overextension thresholds that adjust based on historical data.
3️⃣ Price Distance & Overextension Measurement
The indicator calculates the distance between the current price and the closest historical swing point. If this distance exceeds the predefined threshold based on past swings, the move is considered overextended. The greater the deviation, the higher the probability of a pullback or short-term reversal.
4️⃣ Buy/Sell Signal Generation
A Buy signal is generated when the price has dropped below an overextended threshold relative to a past swing low.
A Sell signal is generated when the price has risen beyond an overextended threshold relative to a past swing high.
These signals indicate that the price has reached a level where it historically tends to slow down or reverse.
Moving Average Pullback Signals [UAlgo]The "Moving Average Pullback Signals " indicator is designed to identify potential trend continuation or reversal points based on moving average (MA) pullback patterns. This tool combines multiple types of moving averages, customized trend validation parameters, and candlestick wick patterns to provide reliable buy and sell signals. By leveraging several advanced MA methods (such as TEMA, DEMA, ZLSMA, and McGinley-D), this script can adapt to different market conditions, providing traders with flexibility and more precise trend-based entries and exits. The addition of a gradient color-coded moving average line and wick validation logic enables traders to visualize market sentiment and trend strength dynamically.
🔶 Key Features
Multiple Moving Average (MA) Calculation Methods: This indicator offers various MA calculation types, including SMA, EMA, DEMA, TEMA, ZLSMA, and McGinley-D, allowing traders to select the MA that best fits their strategy.
Trend Validation and Pattern Recognition: The indicator includes a customizable trend validation length, ensuring that the trend is consistent before buy/sell signals are generated. The "Trend Pattern Mode" setting provides flexibility between "No Trend in Progress," "Trend Continuation," and "Both," tailoring signals to the trader’s preferred style.
Wick Validation Logic: To enhance the accuracy of entries, this indicator identifies specific wick patterns for bullish or bearish pullbacks, which signal potential trend continuation or reversal. Wick length and validation factor are adjustable to suit various market conditions and timeframes.
Gradient Color-coded MA Line: This feature provides a quick visual cue for trend strength, with color changes reflecting relative highs and lows of the MA, enhancing market sentiment interpretation.
Alerts for Buy and Sell Signals: Alerts are triggered when either a bullish or bearish pullback is detected, allowing traders to receive instant notifications without continuously monitoring the chart.
Visual Labels for Reversal Points: The indicator plots labels ("R") at potential reversal points, with color-coded labels for bullish (green) and bearish (red) pullbacks, highlighting pullback opportunities that align with the trend or reversal potential.
🔶 Disclaimer
Use with Caution: This indicator is provided for educational and informational purposes only and should not be considered as financial advice. Users should exercise caution and perform their own analysis before making trading decisions based on the indicator's signals.
Not Financial Advice: The information provided by this indicator does not constitute financial advice, and the creator (UAlgo) shall not be held responsible for any trading losses incurred as a result of using this indicator.
Backtesting Recommended: Traders are encouraged to backtest the indicator thoroughly on historical data before using it in live trading to assess its performance and suitability for their trading strategies.
Risk Management: Trading involves inherent risks, and users should implement proper risk management strategies, including but not limited to stop-loss orders and position sizing, to mitigate potential losses.
No Guarantees: The accuracy and reliability of the indicator's signals cannot be guaranteed, as they are based on historical price data and past performance may not be indicative of future results.
Advanced VWAP [CryptoSea]The Advanced VWAP is a comprehensive volume-weighted average price (VWAP) tool designed to provide traders with a deeper understanding of market trends through multi-layered VWAP analysis. This indicator is ideal for those who want to track price movements in relation to VWAP bands and detect key market levels with greater precision.
Key Features
Multi-Timeframe VWAP Bands: Includes multiple VWAP bands with different lookback periods (5, 10, 25, and 50), allowing traders to observe short-term and long-term price behavior.
Smoothed Band Options: Offers optional smoothing of VWAP bands to reduce noise and highlight significant trends more clearly.
Dynamic Median Line Display: Plots the median line of the VWAP bands, providing a reference for price movements and potential reversal zones.
VWAP Trend Strength Calculation: Measures the strength of the trend based on the price's position relative to the VWAP bands, normalized between -1 and 1 for easier interpretation.
In the example below we can see the VWAP Forecastd Cloud, which consists of multiple layers of VWAP bands with varying lookback periods, creating a dynamic forecast visualization. The cloud structure represents potential future price ranges by projecting VWAP-based bands outward, with darker areas indicating higher density and overlap of the bands, suggesting stronger support or resistance zones. This approach helps traders anticipate price movement and identify areas of potential consolidation or breakout as the price interacts with different layers of the forecast cloud.
How it Works
VWAP Calculation: Utilizes multiple VWAP calculations based on various lookback periods to capture a broad range of price behaviors. The indicator adapts to different market conditions by switching between short-term and long-term VWAP references.
Smoothing Algorithms: Provides the ability to smooth the VWAP bands using different moving average types (SMA, EMA, SMMA, WMA, VWMA) to suit various trading strategies and reduce market noise.
Trend Strength Analysis: Computes the trend strength based on the price's distance from the VWAP bands, with a value range of -1 to 1. This feature helps traders identify the intensity of uptrends and downtrends.
Alert Conditions: Includes alert options for crossing above or below the smoothed median line, as well as touching the smoothed upper or lower bands, providing timely notifications for potential trading opportunities.
This image below illustrates the use of smoothed VWAP bands, which provide a cleaner representation of the price's relationship to the VWAP by reducing market noise. The smoothed bands create a flowing cloud-like structure, making it easier to observe significant trends and potential reversal points. The circles highlight areas where the price interacts with the smoothed bands, indicating potential key levels for trend continuation or reversal. This setup helps traders focus on meaningful movements and filter out minor fluctuations, improving the identification of strategic entry and exit points based on smoother trend signals.
Application
Strategic Entry and Exit Points: Helps traders identify optimal entry and exit points based on the interaction with VWAP bands and trend strength readings.
Trend Confirmation: Assists in confirming trend strength by analyzing price movements relative to the VWAP bands and detecting significant breaks or touches.
Customized Analysis: Supports a wide range of trading styles by offering adjustable smoothing, band settings, and alert conditions to meet specific trading needs.
The Advanced VWAP by is a valuable addition to any trader's toolkit, offering versatile features to navigate different market scenarios with confidence. Whether used for day trading or longer-term analysis, this tool enhances decision-making by providing a robust view of price behavior relative to VWAP levels.
