Contrarian Scalping Entry Support v2.3Update - You can Switch DFMA_Arrow (Different type Resolution and SMA Length)
// @version=2
// Copyright @ ALEX SHORT
// Indicator Name : Contralian Scalping Entry Support
// alpha tester : Norakichi senpai (Santa Prop Norakichi senpai)
// Special Thanks WBZ Trading Group
// This indicator support "Contralian Scalping Entry" and "Find ideal Take-Profit point that just like Buying or Selling CLIMAX".
// Attension!!! I strongly reccomend to Verify effectiveness before "REAL TRADE".
// Note1. Downtrend often continue compared to uptrend. So, you might have to change DFMA setting for it. Or you should change reasons/grounds for Scalping Long Entry in long DownTrend.
// Note2. Before applying this indicator or switching resolution, please confirm DFMA resolution Setting. It can't chenge automatically.
// Function1. Difference from Moving Average Arrow from Multi_SMA
// This indicator will plot chart Arrow above or below candle stick when DFMA marked over range.
//
// Function2. When candle touch Quad_Bollinger band, background color will chengeing.
// Function3.
Pesquisar nos scripts por "scalp"
fiercebitraderEl indicador fiercebitrader, es un indicador basado en el Índice Medio de Movimiento Direccional (ADX) es una herramienta de análisis técnico usada para medir la fuerza de la tendencia. El indicador direccional positivo ( DI) y el indicador direccional negativo (-DI) acompañan a la línea ADX. realzando la dirección de la tendencia.
Usados en conjunto forman un sistema de trading que es capaz de determinar tanto la dirección como la fuerza de la tendencia. El indicador consiste en tres líneas: la propia ADX (línea azul), una línea DI (línea verde), y una línea -DI (línea roja). El DI mide la fuerza de la tendencia alcista, mientras que el -DI mide la intensidad del movimiento bajista. La línea ADX muestra la fuerza de la tendencia en general creciendo tanto en las tendencias alcistas como bajistas.
Cuando el DI está por encima del -DI, se dice que los alcistas tienen el dominio direccional. De forma alternativa, cuando el -DI es más alto que el DI, el dominio direccional pertenece a los bajistas.
Es importante entender que el ADX (línea azul) muestra solo la fuerza de la tendencia y no la dirección de la tendencia. La dirección de la tendencia puede en cambio determinarse mirando al DI y el -DI (líneas roja y verde).
¿Cómo usarlo en el trading?
Operar con la tendencia reduce los riesgos e incrementa los beneficios potenciales. Es por esto que muchos traders prefieren consultar la fuerza de la tendencia con ayuda del ADX antes de invertir su dinero. Hay dos formas principales de usar el indicador:
El Cruce de DI
Cuando las líneas direccionales del positivo y negativo se cruzan, normalmente significa que la tendencia está cambiando. Esta información puede usarse para determinar puntos de entrada óptimos. Para los inversores que utilicen este sistema de trading, las señales son las siguientes:
(Compra) cuando el DI cruce el -DI , es mas efectivo, mas fuerte cuando toca o cruza la linea amarilla solida en el nivel de 27 y la tendencia general sea alcista.
El disparo se da en la linea de 20 punteada.
(Venta) cuando el -DI cruce el DI , es mas efectivo, más fuerte cuando toca o cruza la linea amarilla solida en el nivel de 27 y la tendencia sea bajista general sea bajista.
Valor de Fuerza Tendencia ADX
0-20 Tendencia Ausente o Débil
21-26 Disparo
27-50 Tendencia Fuerte
50-75 Tendencia muy Fuerte
75-100 Tendencia Extremadamente Fuerte
El fiercebitrader es un indicador de análisis técnico verdaderamente único, que combinado con otros indicadores, puede convertirse en la estrategia de trading definitiva en manos de un trader.
Recomendado para scalping en temporalidad de 5 min
swing day 1hora. Esta configurado para una operacion optima.
Acompañelo con el indicador bitradertracker.
Con mucho cariño Bitrader4.0
_________________________________
The fiercebitrader indicator, is an indicator based on the Mean Directional Movement Index (ADX) is a technical analysis tool used to measure the strength of the trend. The positive directional indicator (DI) and the negative directional indicator (-DI) accompany the ADX line. enhancing the direction of the trend.
Used together they form a trading system that is able to determine both the direction and strength of the trend. The indicator consists of three lines: the ADX itself (blue line), a DI line (green line), and a -DI line (red line). The DI measures the strength of the uptrend, while the -DI measures the intensity of the bearish movement. The ADX line shows the strength of the overall trend growing in both bullish and bearish trends.
When the DI is above the -DI, it is said that the bulls have the directional domain. Alternatively, when the -DI is higher than the DI, the directional domain belongs to the bears.
It is important to understand that the ADX (blue line) shows only the strength of the trend and not the direction of the trend. The direction of the trend can instead be determined by looking at the DI and the -DI (red and green lines).
How to use it in trading?
Operating with the trend reduces the risks and increases the potential benefits. This is why many traders prefer to consult the strength of the trend with the help of the ADX before investing their money. There are two main ways to use the indicator:
1) The Cross of DI
When the directional lines of the positive and negative intersect, it usually means that the trend is changing. This information can be used to determine optimal entry points. For investors who use this trading system, the signals are the following:
(Buy) when the DI crosses the -DI, it is more effective, stronger when it touches or crosses the solid yellow line at the level of 27 and the general trend is bullish.
The shot is given in the line of 20 dashed.
(Sale) when the -DI crosses the DI, it is more effective, stronger when it touches or crosses the solid yellow line at the level of 27 and the general bearish trend is bearish.
Strength Value ADX Trend
0-20 Absent or Weak Trend
21-26 Shot
27-50 Strong Trend
50-75 Very Strong Trend
75-100 Extremely Strong Trend
The fiercebitrader is a truly unique indicator of technical analysis, which combined with other indicators, can become the definitive trading strategy in the hands of a trader.
Recommended for scalping 5-minute and 1 hour.
It is configured for an optimal operation.
Accompany it with the bitradertracker indicator.
With love Bitrader4.0
[New series!] [Consistent Losing Strategies] 34 EMA Scalping//---------------------------INTRO------------------------------
Hi All!
Let me introduce myself as a semi-successful forex trader & lover of automation.
I've taken to algo trading and have been hunting down strategies (that usually use indicators) to automate, backtest, and hopefully implement in MT4.
Unfortunately, most strategies are complete bulls*** and the select cases that are shown to "prove" success are limited.
These strategy sources often do not provide useful analytics either.
I want to change that approach to trading! We can really benefit each other and the community by being methodical about backtesting
as well as evaluating our results with some kind of scoring heuristic.
As for what that standardized process looks like..well I'm still working on it.
I'm pretty much on Tv for multiple hours of the day, screening strategies via Pinescript and I'd like to start sharing my progress!
This is a new series I'd like to start on consistently losing strategies. I'll make all the code public, so if you think I've made a blunder
or approached a problem the wrong way, then drop me a DM or paste your fix into the comments.
//---------------------------STRAT------------------------------
34 EMA Scalping strategy (ref. forextradingstrategies4u )
How you're supposed to trade it:
BUY:
1. Market is in an down trend as shown by the 34 EMA
2. Price breaks above a downwards trend line
3. Price breaks above the 34 EMA
4. Look for a very bullish candlestick or chart pattern
SELL:
1. Look for the 34 EMA to show we are in an uptrend
2. Price breaks below an upwards sloping trend line
3. Price breaks below 34 EMA
4. Look for a bearish candlestick or a chart pattern
//---------------------------CONC------------------------------
Q: Why does it fail?
A: I believe this strategy relies too much on subjective input (aka, trendlines).
Q: Why does it fail as an algo?
A: The 34 EMA is no more predictive than any other EMA, although it does a good job at filtering out noise.
Q: Should I try it out?
A: No, it's trash. This is the proof that it is trash.
DailyFrequency - Oscilação Média de Movimentos (for Scalping) Um indicador que tira a media de oscilação dos ultimos dias e divide para projetar uma expectativa para as oscilaçoes do mercado no curtissimo prazo, muito util para planejar alvos e Stop's de scalping realistas e possiveis. Use o valor da linha Azul.
Aumente sua acertitividade no Scalping buscando objetivos realistas dentro do mercado com essa ferramenta !
Bank Nifty ScalpingThis indicator is designed for scalping purposes.
Users have the option to input the desired source and enable or disable the following indicators:
Multiple EMA (Exponential moving average)
Simultaneously displays multiple moving averages to quickly identify shifts in momentum and obtain confirmation from slower-moving averages.
By default, the EMA display settings are configured to show the 20-day EMA and the 200-day EMA. However, users have the flexibility to modify the display settings according to their preferences. This means that users can customize the indicator to show the EMA values of their choice, such as EMA 50 and EMA 100.
VWAP ( Volume weighted average price )
Default value is set to ‘hl2’
A bullish trend is indicated when the price is above the Volume Weighted Average Price (VWAP), while a bearish trend is indicated when the price is below the VWAP.
VWMA ( Volume weighted moving average )
In the VWMA (Volume Weighted Moving Average) indicator, a default value of 20 is used. If the price is higher than the VWMA, it typically indicates a bullish trend. Conversely, if the price is lower than the VWMA, it suggests a bearish trend. The VWMA takes into account both price and volume, providing a weighted average that can help identify shifts in market sentiment.
Multiple SuperTrends
Default value is 10 and 2 / 10 and 3
A bullish trend is identified when the price is above the SuperTrend indicator, whereas a bearish trend is observed when the price is below the SuperTrend indicator.
Camarilla Pivot Points (Level 3 and 4 only)
Levels 3 and 4 serve as crucial support and resistance levels, acting as the final line of defense against strong trends. These levels are expected to generate reversals, where price often changes direction.
CPR ( Central Pivot Points)
The Daily Central Pivot Point Indicator is a popular tool used in technical analysis. It calculates several levels based on the previous day's high, low, and closing prices.
Strong Volume
The user has the ability to set the average volume for Nifty and BankNifty indices to calculate strong volume.
Elder Impulse System
The Impulse System, developed by Alexander Elder and discussed in his book "New Trading for a Living," is a censorship trading system designed to determine whether a trade should be allowed or prohibited. Additionally, it can be used to identify when a trend is starting to weaken. The Impulse System relies on the following factors:
1. Slope of a Fast Exponential Moving Average (EMA): The fast EMA's slope reflects the price's inertia or momentum.
2. Slope of the Moving Average Convergence Divergence (MACD): The MACD's slope indicates the strength or power of the price movement.
Based on these factors, the Impulse System categorizes candles or price bars into three colors:
* Green Candle: When both the fast EMA and MACD are rising, indicating upward momentum.
* Red Candle: When both the fast EMA and MACD are declining, suggesting downward momentum.
* Blue Candle: In all other cases where the conditions for green or red candles are not met, representing a neutral or uncertain market condition.
By applying the Impulse System, traders can gain insights into the market trend, its strength, and potential shifts in momentum, helping them make informed trading decisions.
Happy Trading
BlockGain Ver 1.1Recommend for scalping in timeframe 15min and 1H
Recomendado para scalping en timeframe de 15 min y 1H .
Alex.KAlex.K
Class : trend indicator
Trading type : scalping, intraday trading
Time frame : 5-15 min
Purpose : work in trend, search for reversal points
Level of aggressiveness : standard
Indicator «Alex.K» is developed for short-term intraday trading purposes. It is optimized for time frames from 5 to 15 minutes and can be a useful tool for scalping trading.
Specific feature of this indicator is ban for trades against basic trend. This significantly reduces the number of trades, but increases their quality. Still recommended time frames are rather short, so indicator «Alex.K» can generate up to 10 and more trades per day (it depends on time frame, for example 15 min frame generates nearly 10 trades per day, but 5 min frame increases this number to 15-20 trades per day). Also frequency of trades can be managed with indicator parameters. So it can easily be adopted for individual purposes and type of trading.
Indicator «Alex.K» is based on two blocks of technical analysis methods: trend and oscillatory. Trend block is used to detect prevailing tendency (only trades in direction of basic tendency are allowed). Oscillatory block is responsible for the entry points (buy trades are allowed only from oversold zones and sell trades – from overbought zones).
To increase the efficiency of the indicator it has elements of serial trading (used to increase of the overall position).
Structure of the indicator
Indicator consists of colored zones and level lines:
- level lines (red/blue lines) – show the most likely points of price reverse. The direction of reverse depends on color of the line. Red line indicates the resistance level. Blue line – the level of support;
- profit lines (green lines) – show the most favorable profit size for the current trade. For the buy trades the upper green line should be used. For the sell trades – the bottom green line;
- colored zones between profit lines – shows the degree of price deviation from the equilibrium price;
• green zone – deviations are insignificant or absent;
• blue zone – deviations are present. Price enters buy zone;
• red zone - deviations are present. Price enters sell zone.
Rules of trading
When price enters blue/red zone it is a signal about entering the overbought/oversold zone, but buy/sell signals appear only in the direction of prevailing tendency. To ease the trading process “buy”/”sell” signals appear on the chart.
Indicator «Alex.K» uses 3 levels of signals:
- х1 - signal for trade with basic volume. It is displayed on the chart with marker «х1»;
- х2 - signal for trade with double volume. It is displayed on the chart with marker «х2»;
- х3 – signal for trade with triple volume. It is displayed on the chart with marker «х3».
Signals for sell are marked with «sell», buy signals – with «buy».
Profits are set near the opposite green line (for buy trades – bottom line, for sell trades – upper line). Positions can be held till the price enters overbought zone (case of buy trades) or oversold zone (case of sell trades).
Forex Scalping Pro [PlungerMen]Hello!
This free community edition is very good for all time frame , for all the crypto
This Script recognized overbought area and over-selling area extremely accurate
This Script is very well used as it works by itself and very well used in conjunction with the "Forex scalping " script, both compliment for each other. the "Forex Scalping" script is Free, you can find it
If you want to be more accurate and more efficient, more comfortable when you do not want to see too many other indicators, you can register for our Professional edition.
- The Professional Edition supports Level 1 and Level 2 commands, which are very effective in allocating funds and optimizing your profits
Besides that,You will be supported by personal preferences, profit maximization
- Register for a Professional version will be used 2 Script,Bimex Scalping Pro and Bitmex Long Short Pro
- We will invite you to the signal channel with the announcement of the bottom and the peak of the BTC 0.33% ,the big variable variable has exists
We hope you enjoy this script. Your support will help us develop more good quality scripts in the future to serve the community
**Remember, Like this script and posivite feedback if you are satisfied**
if you have any questions Plz 0.00% post a comment ... below here
Tersus Bollinger Bands Scalping Indicator V1.1Tersus Scalping Indicator
Tersus Scalping Indicator places buy and sell signals for Bitcoin in key areas using Bollinger Bands, Moving Averages, and Trend Analysis.
This indicator is very easy to use and makes for a great second opinion when trading.
The buy and sell positions are marked with B for buy and S for sell, in addition adds to position are market with red and green triangles.
The Bollinger Bands show general constriction and turn from red to green depending on market conditions. Red meaning bearish market, and green meaning bullish.
There are a number of lines all over the place and at first glance they can seem daunting. This is what they mean. The green and yellow dotted lines mark sell target stages 1 and 2, and buy target stages 1 and 2. The red dotted line is your buy and sell stop. The light blue is your buy and sell entry.
The candles also change color depending on if things are over sold or over bought using the Stochastic RSI. Purple for overbought and yellow/orange for oversold. The bars will also change to light blue during entry.
This should be limited to the 15 minute time frame for now. I have noticed some very good signals on the daily and some other time frames but this was written for 15 so don't expect it to be as accurate.
For purchasing information please direct message me.
Bitmex margin PRO [PlungerMen]Hello!
this is Update of Bitmex Scalping PRO , mix 2 indicaror in it for exactly Signal
Bitmex margin PRO can use for every coin
Bitmex margin PRO is available for all frames
This Script is perfectly functional and works well by me and the best way to use this script is to use it with “Bitmex Long Short" script, both compliment for each other. the "Bitmex Long Short" script is Free, you can find it by searching “Bimex”
If you want to be more accurate and more efficient, more comfortable when you do not want to see too many other indicators, you can register for our Professional edition.
- The Professional Edition supports Level 1 and Level 2 commands ( display at chart : LONG+, long-, SHORT,+,short- ), which are very effective in allocating funds and optimizing your profits
Besides that,You will be supported by personal preferences, profit maximization
- Register for a Professional version will be used 2 Script, Bitcoin -1.30% -3.21% -3.33% -3.27% Scalping Pro and Bitmex Long Short Pro
- We will invite you to the signal channel Telgram with the announcement of the bottom and the peak of the BTC -1.30% -3.21% -3.33% -3.27% 0.60% -0.13% ,the big variable variable has exists
**We hope you enjoy this script. Your support will help us develop more good quality scripts in the future to serve the community **
**Remember, Like this script and posivite feedback if you are satisfied**
if you have any questions, post a comment ... below here
*********** Guide:
+ option for all frames : Click setting and input high and low for time inteval
+ hide wave trend : Click setting -> click Style --> Up trend Fill or Down trend fill
******
New features: this time we add two lines that can help traders trader safer. When the red line cross above the green line means we are in the downtrend and when the green line cross above the red line, which means we are in a uptrend. This new features will help traders do a safer trade at small time frame.
We have the Script free for the user pass, search keyword " Bitmex Scalping PlungerMen"
-->> 0.2 eth/1 month will be used Script: Bitmex margin PRO an Super Bot alert telegram <--
US30 Scalping with TP/SL and ConsolidationThis scalping indicator is designed for US30 trading, combining fast and slow EMAs, RSI, and MACD to generate buy and sell signals. It filters trades by detecting consolidation zones to avoid false entries and provides customizable stop loss and take profit levels in pips. The indicator visually highlights consolidation areas with a shaded background, helping traders identify optimal entry points in trending conditions. Perfect for short-term traders seeking clear signals with built-in risk management.
XAUUSD Scalping System [MACD + EMA + UT Bot + LinReg]//@version=5
indicator("XAUUSD Scalping System ", overlay=true)
// === INPUTS ===
fastLen = input.int(8, title="MACD Fast Length")
slowLen = input.int(21, title="MACD Slow Length")
signalLen = input.int(5, title="MACD Signal Smoothing")
linregLen = input.int(14, title="Linear Regression Length")
emaLen = input.int(21, title="EMA Length")
atrPeriod = input.int(10, title="UT Bot ATR Period")
atrMultiplier = input.float(2.0, title="UT Bot ATR Multiplier")
// === EMA ===
ema = ta.ema(close, emaLen)
plot(ema, title="21 EMA", color=color.orange, linewidth=1)
// === MACD ===
macdLine = ta.ema(close, fastLen) - ta.ema(close, slowLen)
signalLine = ta.ema(macdLine, signalLen)
hist = macdLine - signalLine
macdBull = hist > 0 and hist > hist
macdBear = hist < 0 and hist < hist
// === Linear Regression ===
linreg = ta.linreg(close, linregLen, 0)
bullCandle = close > linreg
bearCandle = close < linreg
barcolor(bullCandle ? color.new(color.green, 40) : bearCandle ? color.new(color.red, 40) : na)
// === UT Bot ===
atr = ta.atr(atrPeriod)
upperBand = close + atr * atrMultiplier
lowerBand = close - atr * atrMultiplier
var float trend = na
trend := na(trend ) ? 1 : trend
trend := close > upperBand ? 1 : close < lowerBand ? -1 : trend
buyUT = ta.crossover(trend, 0)
sellUT = ta.crossunder(trend, 0)
// === ENTRY CONDITIONS ===
longCondition = buyUT and bullCandle and macdBull and close > ema
shortCondition = sellUT and bearCandle and macdBear and close < ema
plotshape(longCondition, title="BUY Signal", location=location.belowbar, color=color.green, style=shape.labelup, text="BUY", size=size.small)
plotshape(shortCondition, title="SELL Signal", location=location.abovebar, color=color.red, style=shape.labeldown, text="SELL", size=size.small)
bgcolor(longCondition ? color.new(color.green, 85) : shortCondition ? color.new(color.red, 85) : na, title="Signal Background")
// === Alerts ===
alertcondition(longCondition, title="BUY Alert", message="XAUUSD BUY setup triggered!")
alertcondition(shortCondition, title="SELL Alert", message="XAUUSD SELL setup triggered!")
Pro Trading: CCI Signals (Pivots + order blockEnglish Version:
A professional trading system combining momentum signals, pivot points, and order flow analysis
Overview & Uniqueness
This indicator provides a comprehensive trading solution by combining three powerful technical approaches:
CCI Momentum Signals - Identifies overbought/oversold conditions with RSI confirmation
Smart Pivot Detection - Finds key reversal points using price rejection logic
Order Block Analysis - Highlights institutional order zones
Unique feature: Advanced "Buy2/Sell4" signals detect clustered momentum events for higher-probability entries.
How It Works
Pivot Detection
Automatically identifies swing highs ("Top") and lows ("Bottom") when price rejects a level by your specified Sigma percentage
Signal Generation
Buy/Sell: Triggered when CCI crosses extreme levels (-100/+100) with optional RSI confirmation
Buy2/Sell4: Enhanced signals activated after clustered momentum events (multiple confirmations in 4 bars)
Order Blocks
Highlights candles with abnormally large range (configurable via ATR multiplier) as potential institutional activity zones
Smart Filters
Time-based filter prevents consecutive Buy2/Sell4 signals within user-defined bar count
Configuration Guide
Pivot Settings
Adjust Sigma (% retracement) for pivot sensitivity
Customize pivot colors
CCI & RSI Parameters
Set CCI length and OB/OS levels
Toggle RSI filter and configure levels
Signal Filters
Enable/disable time filter for Buy2/Sell4 signals
Set minimum bars between enhanced signals
Alerts
Enable/disable alerts per signal type
Choose "One alert per bar" to avoid duplicates
FAQ
Q: Why don't I see Buy2/Sell4 signals?
A: 1) Ensure "Show signals" are enabled 2) Check time filter settings 3) Requires clustered momentum (≥2 signals in 4 bars)
Q: How are Order Blocks calculated?
A: Blocks form when |close-open| > ATR × threshold (default: 1.5)
Q: Can I use this for scalping?
A: Yes! Lower CCI periods (3-5) and smaller Sigma (0.01-0.02) work best for short timeframes
Disclaimer
This tool is for educational purposes only. Past performance ≠ future results. Test settings in demo accounts before live trading. The creator isn't liable for trading losses or investment decisions made using this indicator.
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Русская Версия:
Pro Trading: CCI Signals + Pivots and Order Block
Профессиональная торговая система, объединяющая сигналы момента, точки разворота и анализ ордерного потока
Концепция и Уникальность
Индикатор предоставляет комплексное торговое решение, объединяя три мощных подхода:
Сигналы момента CCI - Выявляет зоны перекупленности/перепроданности с подтверждением RSI
Умное обнаружение пивотов - Находит ключевые точки разворота через логику ценового отката
Анализ ордерных блоков - Подсвечивает зоны институциональных ордеров
Уникальная особенность: Сигналы "Buy2/Sell4" обнаруживают кластеризацию событий момента для входов с высокой вероятностью.
Как Это Работает
Обнаружение Пивотов
Автоматически определяет максимумы ("Top") и минимумы ("Bottom") при откате цены на заданный % Sigma
Генерация Сигналов
Buy/Sell: Активируются при пересечении CCI экстремальных уровней (-100/+100) с опциональным подтверждением RSI
Buy2/Sell4: Усиленные сигналы после кластеризации событий (несколько подтверждений за 4 бара)
Ордерные Блоки
Подсвечивает свечи с аномальным диапазоном (настраивается через множитель ATR) как зоны институциональной активности
Умные Фильтры
Временной фильтр предотвращает последовательные сигналы Buy2/Sell4 в пределах заданного количества баров
Настройка
Параметры Пивотов
Настройте Sigma (% отката) для чувствительности
Параметры CCI и RSI
Установите период CCI и уровни перекупленности/перепроданности
Включите/отключите фильтр RSI и настройте уровни
Фильтры Сигналов
Включите/отключите временной фильтр для Buy2/Sell4
Установите минимальное количество баров между усиленными сигналами
Оповещения
Включите/отключите оповещения для каждого типа сигнала
Выберите "Одно оповещение на бар" для исключения дубликатов
Часто Задаваемые Вопросы
В: Почему не отображаются сигналы Buy2/Sell4?
О: 1) Проверьте включение "Показать сигналы" 2) Проверьте настройки временного фильтра 3) Требуется кластеризация событий (≥2 сигнала за 4 бара)
В: Как рассчитываются ордерные блоки?
О: Блоки формируются при |close-open| > ATR × порог (по умолчанию: 1.5)
В: Можно ли использовать для скальпинга?
О: Да! Уменьшите период CCI (3-5) и Sigma (0.01-0.02) для младших таймфреймов
Institutional Quantum Momentum Impulse [BullByte]## Overview
The Institutional Quantum Momentum Impulse (IQMI) is a sophisticated momentum oscillator designed to detect institutional-level trend strength, volatility conditions, and market regime shifts. It combines multiple advanced technical concepts, including:
- Quantum Momentum Engine (Hilbert Transform + MACD Divergence + Stochastic Energy)
- Fractal Volatility Scoring (GARCH + Keltner-based volatility)
- Dynamic Adaptive Bands (Self-adjusting thresholds based on efficiency)
- Market Phase Detection (Volume + Momentum alignment)
- Liquidity & Cumulative Delta Analysis
The indicator provides a Z-score normalized momentum reading, making it ideal for mean-reversion and trend-following strategies.
---
## Key Features
### 1. Quantum Momentum Core
- Combines Hilbert Transform, MACD divergence, and Stochastic Energy into a single composite momentum score.
- Normalized using a Z-score for statistical significance.
- Smoothed with EMA/WMA/HMA for cleaner signals.
### 2. Dynamic Adaptive Bands
- Upper/Lower bands adjust based on volatility and efficiency ratio .
- Acts as overbought/oversold zones when momentum reaches extremes.
### 3. Market Phase Detection
- Identifies bullish , bearish , or neutral phases using:
- Volume-Weighted MA alignment
- Fractal momentum extremes
### 4. Volatility & Liquidity Filters
- Fractal Volatility Score (0-100 scale) shows market instability.
- Liquidity Check ensures trades are taken in favorable spread conditions.
### 5. Dashboard & Visuals
- Real-time dashboard with key metrics:
- Momentum strength, volatility, efficiency, cumulative delta, and market regime.
- Gradient coloring for intuitive momentum visualization .
---
## Best Trade Setups
### 1. Trend-Following Entries
- Signal :
- QM crosses above zero + Market Phase = Bullish + ADX > 25
- Cumulative Delta rising (buying pressure)
- Confirmation :
- Efficiency > 0.5 (strong momentum quality)
- Liquidity = High (tight spreads)
### 2. Mean-Reversion Entries
- Signal :
- QM touches upper band + Volatility expanding
- Market Regime = Ranging (ADX < 25)
- Confirmation :
- Efficiency < 0.3 (weak momentum follow-through)
- Cumulative Delta divergence (price high but delta declining)
### 3. Breakout Confirmation
- Signal :
- QM holds above zero after a pullback
- Market Phase shifts to Bullish/Bearish
- Confirmation :
- Volatility rising (expansion phase)
- Liquidity remains high
---
## Recommended Timeframes
- Intraday (5M - 1H): Works well for scalping & swing trades.
- Swing Trading (4H - Daily): Best for trend-following setups.
- Position Trading (Weekly+): Useful for macro trend confirmation.
---
## Input Customization
- Resonance Factor (1.0 - 3.618 ): Adjusts MACD divergence sensitivity.
- Entropy Filter (0.382/0.50/0.618) : Controls stochastic damping.
- Smoothing Type (EMA/WMA/HMA) : Changes momentum responsiveness.
- Normalization Period : Adjusts Z-score lookback.
---
The IQMI is a professional-grade momentum indicator that combines institutional-level concepts into a single, easy-to-read oscillator. It works across all markets (stocks, forex, crypto) and is ideal for traders who want:
✅ Early trend detection
✅ Volatility-adjusted signals
✅ Institutional liquidity insights
✅ Clear dashboard for quick analysis
Try it on TradingView and enhance your trading edge! 🚀
Happy Trading!
- BullByte
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.
Static price-range projection by symbolThis indicator shows you a predefined range to the right of the last candle of your chart. This range is custom and can be changed for a handful of symbols that you can choose. This scale will help you determining if the market is providing a reasonable range before you enter a trade or if the market isn't actually moving as much as you might think. This is particularly useful if you are into scalping and have to consider commission or spread in your trades.
Since all symbols have different price ranges in which they move this indicator doesn't make sense to just have "a one size fits all" approach. That's why you can choose up to 6 symbols and set the range that you want to have shown for each when you pull it up on the chart. Using my default values that means for when the NQ (Nasdaq future) is on the chart you will see a range of 20 handles projected. When you change the the ES (S&P500 future) you will instead see 5 handles. While the number is different that is somewhat of an equal move in both symbols.
There also is an option to set a default price range for all other symbols that are not selected if it is needed. However the display of the scale on anything else than the 6 selected symbols can also be turned off.
There are options provided on how exactly you want to indicator to determine if the chart symbol matches one of the selected symbols.
You can enable it to make sure the exchange/broker is the exact same as selected.
It can check for only the symbol root to match the selection. Specifically for futures this means that while ES1! might be selected, anything ES (ES1!, ES2!, ESH2025, ESM2025, ESM2022, ...) will be a match to the selection)
On the painted scale it is possible to not just show this range extended into each direction once. Per default you will have 3 segments of it in each direction. This can be reduced to just 1 or increased.
If you chose a high number of segments or a large range make sure to use the "Scale price chart only" option on your chart scale to not have the symbols price candles squished together by the charts auto scaling.
And last but not least the indicator options provide some possibilities to change the appearance of the printed price range scale in case you disagree with my design.
Multi Stochastic AlertHello Everyone,
I have created a Multi Stochastic Alert based on Scalping Strategy
The Strategy uses below 4 Stochastic indicator:
1. Stochastic (9,3)
2. Stochastic (14,3)
3. Stochastic (40,4)
4. Stochastic (60,10)
Trade entry become active when all of these goes below 20 or above 80, In this indicator you don't need to use all 4, this will show red and green background whenever all of them goes below 20 or above 80.
As shown in picture below, it works better when script is making a channel, Our indicator shows green or red signal, we wait for RSI Divergence and we enter. We book when blue line (9,3) goes above 80, as shown by arrow, and trail rest at breakeven or your own trailing method
Same Situation shown for Short side. We book 50% when Blue line (9,3) Goes below 20 and trail rest at breakeven or your own trailing method
Happy trading, Let me know if any improvements required.
Pullback Scalp Trade V2Pullback Scalp Trading Indicator
This indicator combines multiple technical analysis tools to identify potential pullback trading opportunities in trending markets. It uses a dual moving average system along with RSI for confirmation, providing a comprehensive approach to trend-following and momentum trading.
Key Features:
1. Trend Identification:
- Uses 50 and 200 period moving averages to define the overall trend
- Visual trend zone highlighting for clear market direction
- Customizable MA periods for different timeframes
2. Signal Generation System:
- Combines RSI crossovers with trend direction
- Buy signals occur when:
* Price is above 200 MA (uptrend)
* RSI crosses above its SMA
* RSI is below the lower threshold (default 50)
- Sell signals occur when:
* Price is below 200 MA (downtrend)
* RSI crosses below its SMA
* RSI is above the upper threshold (default 50)
3. Customizable Parameters:
- Short and Long MA periods
- MA types (SMA, EMA, VWMA)
- RSI length and RSI-SMA length
- RSI signal thresholds
- Trend MA periods
Usage Guidelines:
- Best used on higher timeframes (1H and above) for trend trading
- Wait for price to respect the trend zone before taking trades
- Use additional confirmation from price action or other indicators
- Adjust RSI levels based on market volatility
Limitations:
- Like all indicators, this tool may generate false signals in choppy markets
- Should not be used as a sole decision-making tool
- Past performance does not guarantee future results
----------
Türkçe Açıklama:
Bu indikatör, trendli piyasalarda potansiyel geri çekilme fırsatlarını belirlemek için birden fazla teknik analiz aracını birleştirir. Trend takibi ve momentum ticareti için kapsamlı bir yaklaşım sunan ikili hareketli ortalama sistemi ile RSI'yı bir arada kullanır.
Temel Özellikler:
1. Trend Belirleme:
- Genel trendi tanımlamak için 50 ve 200 periyotlu hareketli ortalamalar
- Görsel trend bölgesi vurgulaması
- Farklı zaman dilimleri için özelleştirilebilir MA periyotları
2. Sinyal Üretim Sistemi:
- RSI kesişimlerini trend yönü ile birleştirir
- Alış sinyalleri şu durumlarda oluşur:
* Fiyat 200 MA'nın üzerinde (yükseliş trendi)
* RSI, SMA'sını yukarı keser
* RSI alt eşiğin altında (varsayılan 50)
- Satış sinyalleri şu durumlarda oluşur:
* Fiyat 200 MA'nın altında (düşüş trendi)
* RSI, SMA'sını aşağı keser
* RSI üst eşiğin üzerinde (varsayılan 50)
3. Özelleştirilebilir Parametreler:
- Kısa ve Uzun MA periyotları
- MA tipleri (SMA, EMA, VWMA)
- RSI uzunluğu ve RSI-SMA uzunluğu
- RSI sinyal seviyeleri
- Trend MA periyotları
Kullanım Önerileri:
- Trend ticareti için yüksek zaman dilimlerinde (1S ve üzeri) kullanılması önerilir
- İşlem almadan önce fiyatın trend bölgesine saygı göstermesini bekleyin
- Fiyat hareketi veya diğer indikatörlerden ek teyit alın
- RSI seviyelerini piyasa volatilitesine göre ayarlayın
Sınırlamalar:
- Tüm indikatörler gibi, dalgalı piyasalarda yanlış sinyaller üretebilir
- Tek başına karar verme aracı olarak kullanılmamalıdır
- Geçmiş performans, gelecekteki sonuçların garantisi değildir
Pip hunter 1-Minute Scalping Strategy [manesisnet]NOTE: This is my first attempt to write an indicator using pine script and it's not recommended for serious trading, just use it for your own research or feel free to create your own versions based on the below.
Overview: The "1-Minute Scalping Strategy" is a custom TradingView indicator designed for short-term traders looking to capitalize on quick price movements in the 1-minute timeframe. This strategy combines moving averages and the Relative Strength Index (RSI) to generate buy and sell signals while filtering out potential false entries by confirming trends on a higher timeframe.
How It Works:
Moving Averages:
The indicator uses two Simple Moving Averages (SMAs):
A fast SMA (5-period) for short-term price movements.
A slow SMA (20-period) to identify the overall trend.
Buy signals are generated when the fast SMA crosses above the slow SMA, indicating bullish momentum.
Sell signals occur when the fast SMA crosses below the slow SMA, indicating bearish momentum.
Higher Time Frame Confirmation:
To enhance the accuracy of the signals, the strategy checks the trend on a higher timeframe (default is 5 minutes).
A buy signal is only valid if the current price is above the higher timeframe SMA, confirming that the overall trend is bullish.
A sell signal is only valid if the current price is below the higher timeframe SMA, confirming a bearish trend.
This confirmation helps avoid false breakouts and ensures that trades are aligned with the prevailing market direction.
Relative Strength Index (RSI):
The RSI is used to assess market momentum and potential reversal points.
The indicator calculates a 14-period RSI to identify overbought and oversold conditions.
For buy signals, the RSI must be below 60 (indicating the market is not overbought).
For sell signals, the RSI must be above 40 (indicating the market is not oversold).
This helps to filter out trades that might occur during extreme market conditions.
Visual Representation:
The fast SMA (5-period) is plotted in blue, the slow SMA (20-period) in red, and the higher timeframe SMA in orange.
Buy signals are indicated with a green label below the bar, while sell signals are indicated with a red label above the bar.
This visual representation allows traders to quickly identify potential entry points.
Alerts:
The script includes alert conditions for buy and sell signals, enabling traders to receive notifications when the conditions for entering trades are met.
TradeBuilderOverview
TradeBuilder is an ever-growing toolbox that lets you combine and compound any number of bundled indicators and algorithms to create a compound strategy. At launch, we're including two Moving Averages (SMA, EMA), RSI, and Stochastic Oscillator, with many more to come. You can use any combination of indicators, be it just one, two, or all.
Key Concepts
Indicator Integration: Tradebuilder allows the use of Moving Averages, RSI, and Stochastic Oscillators, with customizable parameters for each. More indicators to come.
Mode Selection : Choose between Confirm Trend Mode (using indicators to confirm trends) and Momentum Mode (using indicators to spot reversals).
Trade Flexibility : Offers options for both long and short trades, enabling diverse trading strategies.
Customizable Inputs : Easily toggle indicators on or off and adjust specific settings like periods and thresholds.
Signal Generation : Combines multiple conditions to generate entry and exit signals.
Input Parameters:
Moving Average (MA):
use_ma : Enable this to include the Moving Average in your strategy.
ma_cross_type : Choose between "Close/MA" (price crossing the MA) or "MA/MA" (one MA crossing another).
ma_length : Set the period for the primary MA.
ma_type : Choose between "SMA" (Simple Moving Average) or "EMA" (Exponential Moving Average).
ma_length2 : Set the period for the secondary MA if using the "MA/MA" cross type.
ma_type2 : Set the type for the secondary MA.
Relative Strength Index (RSI):
use_rsi : Enable this to include RSI in your strategy.
rsi_length : Set the period for RSI calculation.
rsi_overbought : Define the overbought level.
rsi_oversold : Define the oversold level.
Stochastic Oscillator:
use_stoch : Enable this to include the Stochastic Oscillator in your strategy.
stoch_k : Set the %K period.
stoch_d : Set the %D period.
stoch_smooth : Define the smoothing factor.
stoch_overbought : Set the overbought level.
stoch_oversold : Set the oversold level.
Confirmation or Momentum Mode:
confirm_trend : Set this to true to use RSI and Stochastic Oscillator to confirm trends (long when above overbought, short when below oversold). Set to false to trade on momentum (short when above overbought, long when below oversold).
Tip: When set to false and used with just momentum oscillators like Stochastic or RSI, it's geared toward scalping as it essentially becomes momentum trading.
Trade Directions:
trade_long : Enable to allow long trades.
trade_short : Enable to allow short trades.
Example Strategy on E-mini S&P 500 Index Futures ( CME_MINI:ES1! ), 1-minute Chart
Let’s say you want to create a strategy to go long when:
A 5-period SMA crosses above a 100-period EMA.
RSI is above 20.
The Stochastic Oscillator is above 95.
Trend Confirmation Mode is on.
For short:
A 5-period SMA crosses below a 100-period EMA.
RSI is below 45.
The Stochastic Oscillator is below 5.
Trend Confirmation Mode is on.
Here’s how you would set it up in Tradebuilder:
use_ma = true
ma_cross_type = "MA/MA"
ma_length = 5
ma_type = "SMA"
ma_length2 = 100
ma_type2 = "EMA"
use_rsi = true
rsi_length = 14
rsi_overbought = 20
rsi_oversold = 45
use_stoch = true
stoch_k = 8
stoch_d = 1
stoch_smooth = 1
stoch_overbought = 95
stoch_oversold = 5
confirm_trend = true
trade_long = true
trade_short = false
Alerts
Here is how to set TradeBuilder alerts: open a TradingView chart, attach TradeBuilder, right-click on chart -> Add Alert. Condition: Symbol (e.g. NQ) >> TradeBuilder >> Open-Ended Alert >> Once Per Bar Close.
Development Roadmap
We plan to add many more compoundable indicators to TradeBuilder over the coming months from all walks of technical analysis, including Volume, Volatility, Trend Detection/Validation, Momentum, Divergences, Chart Patterns, Support/Resistance Analysis. etc.
[FXAN] 71 Cygni Algorithm (Scalping)⚜️ FXAN CYGNI INDICATORS ORIGINALITY
Originality comes from proprietary formula we use to measure the relationship between Volume and Price Volatility in relation to overall current market positioning in developing Volume Profile and multiple custom period Volume Profiles. We combine that with our own approach to measure price velocity in correlation to average daily/weekly/monthly ranges of the given market.
The relationship between current volume and price volatility gives us information about how much the volume that is currently coming into the market affects the price movement (volatility) and which side is more dominant/involved in the market (Buyers/Sellers). We call this the "Volume Impact" factor.
This information is then compared in relation to the overall current market positioning in developing Volume Profile and Multiple custom period Volume Profiles. We have created a rating system based on current price positioning in relation to the Volume Profile. Volume profile consists of different volume nodes, high volume nodes where we consider market interest to be high (a lot of transactions - High Volume) and low volume nodes where we consider market interest to be low (not a lot of transactions - Low Volume). We call this the current "Market Interest" factor.
We combine this information with our own approach to measure price velocity in correlation to the higher-timeframe price ranges. Calculation is done by measuring current ranges of market movement in correlation to average daily/weekly/monthly ranges. We call this "Price Velocity" factor.
This approach was applied to develop key components of our Tradingview Indicators, we've simplified some of the calculations and made them easy to use by programming them to display buying/selling volume pressure with colors.
In addition to our own proprietary formulas and criterias to measure volume impact on price, we've also used an array of indicators that measure the percentage change in volume over custom specified periods of time, including custom period ranged Volume Profile, Developing VA, Accumulation/Distribution (A/D Line), Volume Rate of Change (VROC), Volume Price Trend (VPT) - all of them with of course fine-tuned settings to fit the purpose in the overall calculation.
Reasons for multiple indicator use:
Custom period ranged Volume Profiles: To determine current interest of market participants. Used for "Market Interest"
Developing VA: To determine current fair price of the market (value area). Used for "Market Interest".
Accumulation/Distribution (A/D Line): Helping to gauge the strength of buying and selling pressure. Used for "Volume Impact"
Volume Rate of Change (VROC): To give us information about percentage change in volume. Used for "Volume Impact"
Volume Price Trend (VPT): To help identify potential trends. Used for "Volume Impact".
Average True Range (ATR): Used for measuring volatility. Used for "Volume Impact" and "Price Velocity".
Average Daily Range (ADR): Used for measuring average market price movement. Used for "Price Velocity".
How it all works together:
"Volume Impact" factor tells us the influence of incoming market volume on price movement. This information alongside the overall market positioning information derived from "Market Interest" factor combined with information about speed and direction relative to higher-timeframe price ranges frin "Price Velocity.
This is the basis of our proprietary developed Volume Dynamics analysis approach
"Volume Impact" x "Market Interest" x "Price Velocity"
Combining this factors together gives a good overall understanding of which side is currently more involved in the market to gauge the direction ("Volume Impact"), where the market is currently positioned to gauge the context ("Market Interest") and what the current market's momentum to improve the timing of our trades ("Price Velocity"). This increases our probabilities for successful trades, executed with good timing.
To simplify - our indicators will always analyze the volume behind every price movement and rate those movements based on the relationship between movement distance and volume behind it through an array of criterias and rate them.
Colors displayed by the indicators will be a result of that, suggesting which side of the market (Buyers or sellers) is currently more involved in the market, aiming to increase the probabilities for profitable trades. With the help of our indicators you have deep volume analysis behind price movements done without looking at anything else then indicator components.
🔷 OVERVIEW
Cygni 71 Algorithm is a TradingView indicator designed for short-term trading (scalping) and enhancing the precision of your entries/exits based on a higher timeframe market context. It analyzes the underlying volume behind market movements and colors the candles with the help of the Heiken-Ashi methodology to provide a clearer perspective on the market's potential direction and intentions.
🔷 KEY FEATURES
▊ Candle Coloring
▊ Upper Colored Bar
▊ Lower Colored Bar
🔷 HOW DOES IT WORK?
□ Candles will color in reference to the Heiken ashi "average bar" methodology, which uses a modified formula based on two-period averages. This way, you can observe the normal candlesticks with less noise as colors will suggest the most likely direction where the market might be heading.
□ Upper Colored Bar analyzes daily volume dynamics in the market's price action by referencing the daily average price weighted by volume. If the market is bullish, you’ll see the green bars, and if the market is bearish, the bars will color red.
□ Lower Colored Bar analyzes volume dynamics and the market's price action every few second and minute intervals by referencing average price weighted by volume. This makes it much more sensitive than the Upper Colored Bar. If the market is bullish, you’ll see the green bars, and if the market is bearish, the bars will color red.
🔷 HOW TO USE IT?
□ In general, we look for areas where all components are in sync. These are valid trading signals (refer to the usage example below).
□ If all components are not in sync, we should look for at least two of them to be in sync while one of them must be Upper Colored Bar.
□ Candle Colors: Looking for longs when the candles are green and looking for shorts when the colors are red
□ Upper Colored Bar: The most important component of this indicator is that we favor trading in the direction suggested by this component. Additional confirmation of other components is a bonus. The green color suggests a bullish market, trading long. Red color suggests bearish market, trading short.
□ Lower Colored Bar: This should not be used on its own but always combined with at least one of the other components due to its sensitivity. Colors are indicating longs when green and shorts when red.
🔷 COMBINING THE COMPONENTS
Each component of the indicator serves it's own purpose and analyzes the market from it's own perspective and with its own custom settings and formulas. The calculation of the individual component is done independently from other components. Once all of them align, we're able to execute trades with an edge as it signals that different aspects of volume and price analysis line up for the trading opportunity.
- Candle Colors are used for improving the timing of your entries/exits based on market structure
- Upper Colored Bar is used for determining the favorable direction of the market based on Daily Volume Dynamics.
- Lower Colored Bar used for determining the favorable direction of the market based on Second/Minute/3-minute Volume Dynamics.
It's important to combine the components to increase the probability of success - here's how you should look for a trade:
1. Assess the current most favorable market direction by referencing the Upper Colored bar, look for longs if it’s green and for shorts if it’s red
2. Look for the Candle Colors to align with the Upper Colored bar, look for longs if it’s green and for shorts if it’s red
3. Look for short-time frame volume dynamics to align with your entries, by referencing the Lower Colored Bar - look for longs if it’s green and for shorts if it’s red.
A valid example of the trade would be:
- Upper Colored Bar is green, indicating the favorable trading directions is long
- Lower Colored Bar is green, indicating the favorable trading directions is long
- Candle Colors are green, indicating the market structure is favorable to enter your positions
📊 USAGE EXAMPLE
EMA Crossover Strategy with RSI Filter BIGTIME 5mThis script essentially creates a trading strategy that goes long when there is an EMA crossover, but only if the RSI is below a certain overbought level. It goes short when there is an EMA crossunder, but only if the RSI is above a certain oversold level. The moving averages are plotted on the chart for visual reference.
SCALPING 5m
Pairs: BIGTIME/USDT--- API3/USDT---BAKE/USDT--- ZIL/USDT
Volume Footprint Voids [BigBeluga]Volume Footprint Voids is a unique tool that uses lower timeframe calculation to plot different styles of single candle POC.
This indicator is very powerful for scalping and finding very precise entry and exits, spotting potential trapped traders, and more.
Unlike many other volume profiles, this aims to plot single candle profiles as well as their own footprints.
🔶 FEATURES
The script includes the following settings:
Windows: Plotting style and calculations
Coloring modes
Display modes
lower-timeframe calculations
🔶 CALCULATION
In the image above we can see how the script calculates each level position that will serve as a calculation process to see how much volume/closes there are within the levels.
In the image above, we can have a more clear example of how we count each candle close.
We use the prior screenshot as an example, after setting each level we will use the lower-timeframe input to measure the amount of closes within the ranges.
Depending on the lot size, the box will be larger or smaller, usually the POC will always have the highest box size.
NOTE: Size is the starting point, always from the low of the candle.
To find more voids, select a closer LTF to the current one you're using.
To find fewer voids, select a timeframe away from your current one.
Due to Pine Script limitations, we are only able to plot a certain amount of footprints, and we can't plot the whole history chart.
POC will be the largest block displayed, indicating the time point of control
Gray areas are closes above the average
Black are Void or imbalance that price will fill in the future, like FVG
The image above shows an incorrect size input that will lead to bad calculations, while on the other side, a correct size input that will lead to a clear vision and better calculation.
🔶 WINDOWS
The "▲▼" Mode will display delta buyers and delta sellers coloring with voids as black.
It also offers a gradient mode for a beautier visualization
The "Total Volume" mode will display the net volume within the lot size (closes within the levels).
This is useful to spot possible highest net volume within the same highest lot size.
The "POC + Gaps" will show both POC and Gaps as the highest block while all the rest will be considered as the smaller block.
This is useful to see where the highest lot were and if there are higher or lower imbalances within the candle
The last option "Gaps" will simply display the gaps as the highest block, while the POC as the lowest block.
This is useful to have a better view of the gaps areas
🔶 EXAMPLE
This is one of the most basic examples of how this script can be used. POC at the bottom creating a strong support area as price holds and creates higher voids gap that price fills while rising.
🔶 SETTINGS
Users have full control over the script, from colors to choosing the lower-timeframe inputs to disabling the lot size.