MTF ATR Reversal Levels (Open Source)
This is an open source version of the original I posted a couple of years ago.... Multitple TimeFrame Swingarm system borrowing from the Blackflag FTS indicator.
This throws up 5 resolutions of ATR thresholds, only showing the current bar level using a horizontal line across the full chart. I don't like the historical information charted, just need to know the current level for my trading purposes.
It will also give Sell/Buy alerts when the closing price exceeds one of those thresholds... essentially confirmation of a trend reversal.
On the primary resolution (defaulted to the current timeframe of the chart) it can show the fibonacci reversal levels using the ATR levels for that time resolution. This is if for the current trend.
I find it useful, so I thought I would share. Like all indicators, it'll work as long as you stick with a system, and let it work. :)
Pesquisar nos scripts por "reversal"
Market Order Bubbles + Trapped Positions [Pt]"Market Order Bubbles + Trapped Positions" is a multifaceted TradingView indicator, employing volume data to depict intensified market activities. By highlighting aggressive buying/selling behaviors, this tool serves as a dependable aid in pinpointing potential trading reversals. Additionally, it proves an effective device for real-time market trend monitoring. The unique ability of this indicator to spotlight 'Trapped Positions'—resulting from such vigorous trading activity—helps identify crucial price levels or ranges that may lead to significant price responses.
Market Order Bubbles
The Market Order Bubbles feature capitalizes on volume data to estimate market orders. High bullish volume is indicative of a surge in buy orders, while strong bearish volume flags an increase in sell orders. These orders are visually represented by bubbles of different sizes, corresponding directly to the volume strength, thus providing traders with an immediate, intuitive understanding of market activity.
Trapped Positions/Zones
The concept of Trapped Positions emerges when sizable buy orders appear during a bearish market trend, or vice versa. For instance, if a considerable sell order is detected during a bullish uptrend, it signifies that those short positions may be 'trapped'. These positions help in plotting potential price range zones. When the price revisits these zones and the market trend maintains its bullish inclination, trapped shorts might opt for liquidation near break-even to mitigate losses. The reverse holds true in a bearish downtrend.
Trend Follower
The Trend Follower feature is a supportive tool that aims to discern price trends, color-coding candle bars for clarity. This function assists traders by presenting a simplified view of the prevailing trend, helping to minimize distractions caused by minor price shifts.
The utility of the Trend Follower is its ability to aid traders in focusing on the larger market direction. It allows traders to concentrate on the more substantial trend and make decisions that align with this broader market movement, rather than reacting to every minor price fluctuation. As a result, this feature may support traders in maintaining their positions for a longer duration, which could potentially enhance their trading outcomes. The Trend Follower, therefore, offers a helpful contribution to a balanced and effective trading approach.
In essence, the "Market Order Bubbles + Trapped Positions" indicator with its Trend Follower feature provides traders with a comprehensive understanding of market dynamics, allowing them to navigate the financial markets with increased precision and confidence. Its unique features, designed to highlight significant market activities and trends, can greatly aid in refining trading strategies, making it a potentially invaluable tool in a trader's arsenal.
PinBar Detector [Mr_Zed]Pinbar Detector is a technical analysis tool designed to detect Pinbar patterns in financial markets. Pinbars are reversal patterns that indicate a potential change in trend.
This indicator is based on an existing Pinbar detector in MQ4/5 format, originally developed by "earnforex".
The PineScript version is written to work in TradingView, and can be applied to any chart to identify Pinbar formations. The indicator uses specific criteria to identify Pinbars, such as the length of the wick and the relationship between the wick and the body of the candlestick. By displaying the Pinbars on the chart, traders can make informed decisions about entering or exiting trades based on their analysis of the market's potential trend reversal.
enjoy !
MATHR3E Range Conquest Index█ OVERVIEW
MATHR3E Range Conquest Index (RCI) is an arithmetic oscillator for trend analysis.
█ CONCEPTS
Disclaimer
MATHR3E RCI indicator is intended for advanced traders and may fit your profile, whether you are a day trader or a long-term investor.
It was originally developed by a renowned market analyst and documented in numerous books. Among them is the author Jason Perl.
It is recommended to have read the trading techniques mentioned in the books covering this indicator beforehand.
Introduction
MATHR3E RCI can serve several purposes:
• By helping to confirm price reversals.
• By giving low risk potential entry indication
• By outlining the emergence of a price trend
How to use
MATHR3E RCI is a dual oscillator.
Each oscillator compares the price evolution of a given day with that of two trading days earlier.
They differ in the amount of trading bars taken into account when calculating the RCI.
Oscillator values fluctuate between overbought and oversold levels
The time spent above or below these levels is compared to the Duration Analysis parameter (in bars).
When it is greater than this Duration, an excessive move is underway which usually require the oscillator to return to the neutral zone.
Strengths or weaknesses are then detected when the oscillator returns to its zone of excess by marking a mild reading, i.e. spending less time than the duration analysis parameter.
█ FEATURES & BENEFITS
Versatile
The indicator is designed to work with other indicators by the same author, including the identification of exhaustion points.
This indicator can be applied to any market or time frame.
Price Oscillator Qualifier
Identify low-risk buy or sell opportunities with
• Qualified upside breakouts
• Qualified downside breakouts
Fully Customizable
Multiples settings available to configure
• Oscillator Periods
• Duration Analysis
• Overbought and oversold reading
Alerts
Get notified on:
• Weakness signal
• Strength signal
• POQ signals
FieryTrading: Buy The Dip - Sell The RipDear Tradingview community,
Today I want to share a very powerful, yet easy to use indicator with you. The indicator will find local tops or bottoms and will help you determine when it's a good time to trade a potential reversal.
How does it work?
The indicator makes use of the RSI to detect extremities and waits until the RSI reverses. Furthermore, a long-term moving average is used to determine whether we're in bullish or bearish market conditions. In bullish conditions the indicator will only go long, in bearish conditions the indicator will only go short.
How do I use it?
Favorite the indicator and apply it to your chart! You can add an alert to the indicator to receive a message once it has detected a good point for a reversal trade.
The indicator can be used on all assets and on all timeframes. Personally, I've found the 1 - 4 hourly timeframes to yield the best results.
Good luck!
PrevHighLow Trend IndicatorPrevHighLow Trend Indicator which is calculated by using prev lowest and highest of p1 -period and p2 -period for two MAs.
First MA is made of prev highest of p1-period / prev lowest of p1-period.
Second MA is faster, made up of p2(<p1)- period(same formula).
Can be used in the next way: slower MA(straight line) shows main trend, faster shows temporary trend.
BUY, when first MA and second MA are green; Exit: second MA changes from green to red.
SELL, when first MA and second MA are red; Exit: second MA changes from red to green.
RSI Assistant basically filtres signals in the way, when signals from RSI and Faster MA are similar? it signals about it with labels: BUY for long, SELL for short. You can either enable or disable it. Also customizable so you can find your setup. RSI Assistant, depending on you customize it, can help you either follow trend or show reversals. Just find your own setup and watch things happen!
Feel free to leave valuable feedback and your setups which you consider to be good.
Hope you PHLTI usefull. Good luck!
50% Strat RetracementThe purpose of this script is to show/alert you when there is a 50% Strat Reversal. It works very well to find possible 3 candles.
The arrows, and line can be turned on and off.
You can change the 50% to say 45% so that you will be alerted before it actually hits the 50% retracement.
The script will only alert if the reversal is a 2up red candle, a 2up green candle which will hopefully turn into a 3 candle.
Distance from Vwap// How it Works \\
Measuring the distance of the close price from a higher timeframe VWAP - Volume Weighted Average Price
There is a threshold which is calculated by looking back at the previous x amount of bars and storing the highest/lowest values
If the distance from the vwap stretches above that threshold, the histogram will go green if price is above VWAP and red if its below the vwap
If the distance from the vwap reaches below the low threshold you will see the histogram flashes orange
// Settings \\
In the settings you have the ability to change what timeframe the indicator is calculated on, as well as this you can change the timeframe the VWAP is calculated on.
I always recommend using a higher timeframe vwap as they tend to me more respected
e.g on the hourly timeframe, I use the weekly VWAP, on 1 minute timeframe you may want to use 4 hour timeframe but obviously feel free to experiment
// Use Case \\
When histogram is flashing green, prices is pulling far away from the vwap, obviously you don't want to be buying a falling knife but if you have levels of confluence this can help spot reversals.
I personally wait until the first candle after its been green to get confirmation of the fall weakening. Vica versa for reds and shorts/sells.
When you see orange flashes, this shows that price has been consolidating and the price is very close to the higher time frame VWAP which could be considered a safe entry point as they tend to lead to a big move to follow
// Suggestions \\
Happy for anyone to make any suggestions on changes which could improve the script,
// Terms \\
Feel free to use the script, If you do use the script could you please just tag me as I am interested to see how people are using it. Good Luck!
MTF ATR Reversal LevelsThis is a Multitple TimeFrame Swingarm system borrowing from the Blackflag FTS indicator.
This throws up 5 resolutions of ATR thresholds, only showing the current bar level using a horizontal line across the full chart. I don't like the historical information charted, just need to know the current level for my trading purposes.
It will also give Sell/Buy alerts when the closing price exceeds one of those thresholds... essentially confirmation of a trend reversal.
On the primary resolution (defaulted to the current timeframe of the chart) it can show the fibonacci reversal levels using the ATR levels for that time resolution. This is if for the current trend.
I find it useful, so I thought I would share. Like all indicators, it'll work as long as you stick with a system, and let it work. :)
Center Of Gravity OscillatorThe COG Oscillator (center of gravity) is an indicator based on statistics and the Fibonacci golden ratio. It uses ALMA as a trigger and LSMA as "zero line". The trigger is set tight by default but can be tweaked by adjusting the window size and sigma in settings. This is a great indicator for setting up trades and spotting reversals. There are 2 main strategies that come with this indicator:
Strategy 1: Long positions are entered when current low point is higher than previous low. Short positions are entered as current high is lower than previous high. (Shown in image above)
Strategy 2 : If market is bullish long trades are entered as COG line crosses over red LSMA line. Traders have the option of scalping the first crossover or even scaling out of trade to close on second exit. This works the opposite for shorts when market is bearish.
Above shows different configurations of the indicator. Top shows length of 50, Middle has length of 21 and bottom is default 9.
Volatility OscillatorThis tool displays relative volatility and directional trend. Excellent way to pickup diversions and reversals. Length can be lowered to 11 or 13 in settings to show price range.
Can be used to identify patterns such as parallel channels and likely direction of price action as pictured below.
Turbulence reversalGiven that the market turbulence tends to cluster, I developed a turbulence moving average system to reveal the unseen underlying structure of the least resistance path for trend following.
Here, I used an SMA subset from the turbulence moving average system to determine the trend direction. This estimation is achieved by calculating the dynamic changes of SMA slope angle and distance between SMA. The former represents a possible reversal signal, and the latter shows the resistance from the intermediate-term SMA.
When the short-term slope angle crossovers the intermediate-term slope angle, the indicator will give a star sign, indicating a possible trend reversal.
Use this indicator together with the turbulence moving average system (Turbulence with direction).
ATR Auto Oscillator [DepthHouse]The ATR Auto Oscillator uses advanced range calculations to determine a dynamic range that the applied market moves within. Like an RSI , the ATR Auto Oscillator measures the speed and change of price movements through a given range. Unlike an RSI , the ATR Auto Oscillator automatically re-configures range values dependent on the user set lookback.
The oscillator ranges between (0.1) and 1.1. Generally, the market is oversold while the bands are below 0.2 and is overbought while above 0.8.
The two bands displayed are used to determine short term trend directions and the oversold/undersold state of the applied market. Crossovers of these bands could give a hint to the direction the market is moving.
The fast band (green) is the direct value of where the market is within its calculated range; 1.1 representing the top of range, and -0.1 representing the bottom. Even when this value is near the bottom of the top of the range, the auto oscillator will readjust to create a new range that the market travels within.
The slow band (red) is a lagging version of the fast band which is used to determine the oversold/overbought signals. When this band travels within the oversold and overbought regions the background color will change to signal a warning. If the fast band crosses the slow band within these zones, an opaque signal will appear. These signals are used to catch possible trend reversals.
Breakout Signals ( BETA ):
Breakout signals are the up and down arrows displayed on the top and bottom of the oscillator. A refined range is generated by the user set 'High Low Length'; it is then displayed by the light gray horizontal lines. If the user set band (fast or slow) returns into the range within a given period (breakout offset) then a signal will generate.
Built in Alerts (must be set up by user):
Bullish & Bearish Crossovers within the oversold and overbought ranges.
Bullish & Bearish Breakout alerts (beta)
Users can also set custom alerts. Example: Fast Band crossing up Value: 0.7
To gain access to this indicator please follow the link below.
Feel free to message me with any questions directly here on TradingView.
Volume Adjusted Early Reversal Signal (EARS) [Fournier-Eaton]Use WITH another indicator. (Works well with Trend Shift Indicator)
This is for early signaling of reversals. Use for early entry/exit.
Treat as macd with crossovers being key.
Volume Spread IndicatorVolume Spread Indicator is based on my understanding of Volume Spread Analysis (VSA). VSA is the third approach for analyzing the price of a stock, forex or cryptocurrency. VSA looks for the difference between supply and demand that are created by a professional trader, institutional players which are called Smart Money.
This Indicator shows SV(Stopping Volume), NS (No Supply), ND (No Demand), -RC( Reverse Candle). Stopping volume and No supply appearing at key support level indicates Bullish Reversal. -RC and ND appearing at key resistance level indicate Bearish Reversal. This indicator can be used as Bottom and Top.
This Indicator can be used effectively with the combination of AutoFibe indicator, Scalping sell and buy Indicator.
Stopping Volume is shown as SV
No Demand is shown as a triangle down (Red)
No Supply is shown as a triangle up (Green)
Reverse Candle is shown as -RC
DBT MoMoThe DBT MoMo indicator was created to show how price reacts to volatility and recent price movements. It determines how strong or weak a trend is and can give very strong indications of when a trend or move is coming to an end. When the DBT is over 10 or below -10 and turns from red to green or vice versa look for reversal candlestick patterns to signify a reversal. It can also be used to find divergences. When the DBT is trending upward with price but begins to give multiple sell signals while price is still increasing this shows that momentum is weakening and a reversal is incoming, vice versa for a downtrend.
Use at your own risk. This is not financial advise and this indicator is not guaranteed to make you profits. Please message me if you have any questions or feedback. Enjoy.
DO NOT ASK FOR ACCESS. THIS INDICATOR WILL BE AVAILABLE ON MY WEBSITE ONCE IT RELEASES.
CMYK VRMI RAYS ◊ Introduction
Introducing VRMI in this script, an RMI based on price movement and volume, to indicate bullish and bearish trends.
This script marks the background depending on RMI <> VRMI , VRMI polarity and large buy/sell sprees.
◊ Origin
Based on 'The Relative Momentum Index' by Roger Altman : February, 1993 issue of Technical Analysis of Stocks & Commodities magazine.
While RSI counts up and down days from close to close, the Relative Momentum Index counts up and down days from the close relative to a close x number of days ago.
This results in an RSI that is smoother.
In addition VRMI reacts quick, it is used to cut off latency from RMI, and it's polarity indicates the beginning and end of a trend.
Large buy sell sprees and detected in their proportion with an sma on the volume
◊ Adjustments
CMYK color theme applied.
◊ Usage
This indicator can be used to detect trends and mark reversals.
◊ Prospects
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Ripping and Dipping ReversalsWaits for price to be ripping or dipping a while based on aligned trending moving averages, then on a strong reversal bar indicates a potential buy or sell.
Hammer Candle Finder [MQSXN]This script automatically scans your chart for hammer candlestick patterns and highlights them with fully customizable labels and markers. Hammers are classic price action signals that can suggest potential reversals or exhaustion in the current trend.
How it works:
- Detects candles with a small body near the top of the range, a long lower wick, and minimal upper wick.
- Separates bullish hammers (green close above open) from bearish hammers (red close below open).
- You can choose to display either type—or both—depending on your trading style.
Customizable options:
- Adjustable detection sensitivity (body % of range, wick-to-body ratio, top wick allowance).
- Toggle to show/hide bullish or bearish signals.
- Custom text, colors, label style, and positioning for the markers.
- Option to anchor labels above bars automatically or offset them by a set number of ticks.
Usage:
This tool is designed for traders who want a clear, visual way to spot hammer candles in real time or during historical chart analysis. Combine it with your own support/resistance zones, volume analysis, or confirmation indicators to build complete strategies.
Note:
This indicator does not provide buy/sell signals on its own—it’s meant to assist with candlestick recognition. Always confirm with your broader trading plan and risk management rules.
Momentum Reversal StrategyBEST USE IN 15MIN TIME FRAME EURUSD / XAUSUD
1. Strategy Overview
This strategy hunts short-term momentum reversals at key levels during high-liquidity sessions.
Timeframes: 5-minute for entries; 15-minute for trend context
Sessions: London for EUR/USD & GBP/USD; New York for XAU/USD
Pairs: EUR/USD, GBP/USD, XAU/USD
Indicators (3 max):
EMA(20) and EMA(50) (close)
MACD (12, 26, 9) histogram
Optional: RSI(14) (for divergence filter)
2. Entry Rules
Trend Filter (15 min):
Long only if EMA20 > EMA50; short only if EMA20 < EMA50.
Price-Action Zone (5 min):
Identify recent swing high/low within past 20 bars.
Draw horizontal support (for longs) or resistance (for shorts).
Indicator Alignment (5 min):
MACD histogram crossing from negative to positive for longs, positive to negative for shorts.
Candle close beyond EMA20 in direction of trade.
Candle Confirmation:
Bullish engulfing or hammer at support for longs; bearish engulfing or shooting star at resistance for shorts.
Entry Execution:
Place market order on candle close that meets all above.
3. Exit Rules
Stop-Loss (SL):
Long: 1.5× ATR(14) below entry candle low.
Short: 1.5× ATR(14) above entry candle high.
Take-Profit (TP):
Set at 2× SL distance (RR 1:2).
Trailing SL:
After price moves 1× SL in profit, trail SL to breakeven.
Partial Booking:
Close 50% at 1× SL (50% of TP), move SL to entry.
Close remaining at full TP.
4. Trade Management
False Signal Filter: Skip trades when RSI(14) > 70 for longs or < 30 for shorts (avoids overbought/oversold extremes).
One Trade at a Time: No multiple positions on same pair.
Session Cutoff: Close any open trade 15 minutes before session end.
5. Risk Parameters
Risk per Trade: 1% of account equity.
Reward Target: ≥2% (1:2 RR) per trade.
Win-Rate Expectancy: ≥75% based on indicator confluence and price-action confirmation.
Williams Fractals Ultimate (Donchian Adjusted)Williams Fractals Ultimate (Donchian Adjusted)
Understanding Williams Fractals
Williams Fractals are a simple yet powerful tool used to identify potential turning points in the market. They highlight local highs (up fractals) and local lows (down fractals) based on a set period.
An up fractal appears when a price peak is higher than the surrounding prices.
A down fractal appears when a price low is lower than the surrounding prices.
Fractals help traders spot support and resistance levels, potential trend reversals, and price breakout zones.
Why Adjust Fractals with the Donchian Channel?
The standard Williams Fractals method identifies local highs and lows without considering broader market context. This script enhances fractal accuracy by integrating the Donchian Channel, which tracks the highest highs and lowest lows over a set period.
- The Donchian Baseline is calculated as the average of the highest high and lowest low over a selected period.
- Fractals are filtered based on this baseline:
Up Fractals are only shown if they are above the Donchian baseline.
Down Fractals are only shown if they are below the Donchian baseline.
This filtering method removes weak signals and ensures that only relevant fractals aligned with market structure are displayed.
Key Features of the Script
Customizable Fractal & Donchian Periods – Allows traders to fine-tune fractal sensitivity.
Donchian-Based Filtering – Reduces noise and highlights meaningful fractals.
Fractal ZigZag Line (Optional) – Helps visualize price swings more clearly.
Why Is This So Effective?
Stronger trend signals – Filtering with the Donchian baseline eliminates unreliable fractals.
Clearer price action – The optional ZigZag line visually connects significant highs and lows.
Easy trend identification – Helps traders confirm breakout zones and key price levels.
This script is a technical analysis tool and does not guarantee profitable trades. Always combine it with other indicators and risk management strategies before making trading decisions.
Wick Volume AlertThis indicator is intended to find a possible price reversal and is well suited for scalping in the smaller timeframes from 1 to 15min chart. It is important to use it in conjunction with other indicators such as order blocks or price levels.
The advantage over other Wick indicators is that volume is also taken into account.
Unfortunately, the markers on the chart do not work properly as they do not attach themselves when moving vertically. I would be happy if someone could fix the problem, as I am not a professional in Pine scripting.
