Kviatek - Multi Hour VWAPThis is an experimental script, that plots 24 VWAPs, each starting at a new hour and lasting for 24hours.
After using session anchored VWAPs i kept wondering if the price reacts to VWAPs that begin at periods lower than sessions.
Color of each VWAP changes upon crossovers of the following VWAP, giving us an understanding of trends and whether we're trading with the trend or against it.
By the nature of the script I recommend using it on low timeframes, 5 and 15-minute ones ideally.
Pesquisar nos scripts por "session"
TPO Market Profile [Kioseff Trading]REPOST; SCRIPT WORKS!!
Due to technical error, this script was republished! Thank you for your support (:
Hello!
This indicator comprises a real time TPO Market Profile!
The script works on any timeframe 1 second or greater - the script calculates relative to the timeframe selected for your chart.
The image above shows the 1-minute BTCUSD chart; 650 +/- tick levels are set.
To see the script in full functionality - try using bar replay on a cryptocurrency 1-minute chart (start at the beginning of a regular hours session). Be sure to adjust the tick spread if necessary (:
So far, the script's held up in real time - I've not had any array loop errors or timeouts. The TPO profile updates accordingly with changes in time / high and low prices. Letters are appended to the profile in real time.
The image above shows configurations for the indicator. I plan to update the indicator quite a bit over the coming days - more to come.
You can select the timeframe change the indicator accounts for. For instance, you can have set the indicator to reset every day, every 30 minutes, every 5 minutes, every week, month, etc.
In the image above, I configured the indicator to recalculate every 3 months. Consequently, the indicator will record a TPO profile for three consecutive, reset, then record a TPO profile for the next 3 months. This setting makes the indicator compatible with any timeframe greater than 1 minute.
You can also use a drag & drop time-start bar to modify the starting point for the market profile TPO calculation.
The indicator hosts an option to auto calculate the tick spread between levels. However, as you switch timeframes and assets, sometimes, you'll have to manually set the tick range (:
Thanks for checking it out; more to come!
Sep 4
Release Notes: UPDATE: The indicator can work on seconds-based charts.
The image above shows the indicator working on the 1-second chart.
(Screenshot is old; characters are now numbered instead of strange unicode)
Release Notes: Added value area + vah + val. Font update. Changed characters to numbered once the alphabet is exhausted. POC, VAH, and VAL label located left of the first bar of the interval. Initial balance range can be toggled. Spaced the characters (more legible). Quite a bit of aesthetic changes so check it out!
Soon, I'll release a version of the script that shows VAH, POC, VAL, and TPO letters from previous sessions. I coded this feature into this indicator; however, it was removed due to load time complications. This feature will be its own script (:
If the script has trouble loading please let me know (:
EMA Crossover Indicator with UTC Time Filter and Profit LabelsThe PineScript code provided is an indicator for TradingView that implements two user-defined Exponential Moving Averages (EMAs) with default periods of 5 and 9, generates buy and sell signals at EMA crossovers, filters these signals based on a user-specified UTC time window, and adds labels when the price moves 100 points in the profitable direction from the entry point. Below is a detailed description of the script's functionality, structure, and key components:
Overview
Purpose: The indicator plots two EMAs on the chart, identifies crossover points to generate buy and sell signals, restricts signals to a user-defined UTC time range, and labels instances where the price moves 100 points in the profitable direction after a signal.
Platform:
Written in PineScript v5 for TradingView.
Indicator Type:
Overlay indicator (plotted directly on the price chart).
Key Features
User-Defined EMAs:
The script calculates two EMAs based on user inputs:
Short EMA : Default period is 5 bars.
- **Long EMA**:
Default period is 9 bars.
Users can adjust these periods via input settings (minimum period of 1).
2. Crossover Signals:
Buy Signal: Triggered when the Short EMA crosses above the Long EMA
( ta.crossover ).
Sell Signal: Triggered when the Short EMA crosses below the Long EMA
( ta.crossunder ).
Labels are added at these crossover points:
"BUY" label (green, positioned below the bar) for bullish crossovers.
"SELL" label (red, positioned above the bar) for bearish crossovers.
3. UTC Time Filter:
Users can specify a UTC time window during which signals are valid.
Inputs include:
Start Hour and Minute (default: 00:00 UTC).
End Hour and Minute (default: 23:59 UTC).
The isTimeInRange() function checks if the current bar's timestamp falls within this
window, handling both same-day and overnight ranges (e.g., 22:00 to 02:00).
Only crossovers occurring within the specified time window generate signals and
labels.
4. Profit Tracking (+100 Points):
The script tracks the price movement after a buy or sell signal:
For a buy signal , a "+100" label is added if the price increases by 100 points
or more from the entry price.
For a sell signal , a "+100" label is added if the price decreases by 100 points
or more from the entry price.
The points threshold is user-configurable (default: 100.0 points).
Labels are color-coded (green for buy, red for sell) and placed only once per signal to
avoid chart clutter.
5. Visual Elements:
EMAs : Plotted on the chart (Short EMA in blue, Long EMA in red).
Labels:
Buy/Sell crossover labels are placed at the low/high of the bar, respectively.
"+100" labels are placed at the low (for buy) or high (for sell) of the bar where
the profit threshold is met.
Code Structure
Indicator Declaration:
indicator("EMA Crossover Indicator with UTC Time Filter and Profit Labels",
overlay=true): Defines the indicator name and sets it to overlay on the price chart.
Inputs:
emaShortPeriod and emaLongPeriod: Integer inputs for EMA periods
(defaults: 5 and 9).
startHour, startMinut, endHour, endMinute: Integer inputs for UTC time window
(defaults: 00:00 to 23:59).
pointsThreshold: Float input for the profit target (default: 100.0 points).
EMA Calculations:
emaShort = ta.ema(close, emaShortPeriod): Computes the Short EMA using the
closing price.
emaLong = ta.ema(close, emaLongPeriod): Computes the Long EMA.
Time Filter Function:
isTimeInRange(0: Converts the current bar's UTC time and user inputs to minutes,
then checks if the current time is within the specified range. Handles overnight
ranges correctly.
State Management:
Variables: entryPrice (stores signal entry price), isBuySignal and isSellSignal (track
active signal type), `profitLabelPlaced` (prevents multiple profit labels).
Reset on new signals to prepare for the next trade.
Signal Detection and Labeling:
Detects crossovers using ta.crossover and ta.crossunder.
Places "BUY" or "SELL" labels if the crossover occurs within the UTC time window.
Monitors price movement post-signal and places a "+100" label when the threshold is
met.
Usage
Setup: Add the indicator to a TradingView chart. Adjust EMA periods, UTC time
window, and points threshold via the indicator settings.
Output:
Two EMA lines (blue and red) appear on the chart.
"BUY" and "SELL" labels appear at valid crossover points within the UTC time window.
"+100" labels appear when the price moves 100 points in the profitable direction after
a signal.
Applications: Useful for traders who want to:
Follow EMA crossover strategies.
Restrict trading signals to specific time sessions (e.g., London or New York session).
- Identify when a trade reaches a specific profit target.
Notes
Points Definition: The 100-point threshold is in the same units as the asset's
price (e.g., $100 for stocks, 100 pips for forex). Adjust `pointsThreshold` for
different assets.
Time Zone: Signals are filtered based on UTC time, ensuring consistency across
markets.
Label Management: The script ensures only one "+100" label per signal to keep
the chart clean.
Limitations: The profit label is triggered only once per signal and does not
account for multiple hits of the threshold unless a new signal occurs.
If you need further clarification or want to add features (e.g., alerts, additional profit levels, or different time filters), let me know!
Absorption DetectorABSORPTION DETECTOR -
The Absorption Detector identifies institutional order flow by detecting "absorption" patterns where smart money quietly accumulates or distributes positions by absorbing retail order flow. This creates high-probability support and resistance zones for trading. This is an approximation only and does not read any footprint data.
WHAT IS ABSORPTION?
Absorption occurs when institutions take the opposite side of retail trades, creating specific candlestick patterns with high volume and significant wicks. The indicator identifies two main patterns:
SELLING ABSORPTION (P-Pattern): Red zones above candles where institutions sell into retail buying pressure, creating resistance levels. Look for high volume candles with large upper wicks that close in the lower half.
BUYING ABSORPTION (B-Pattern): Green zones below candles where institutions buy from retail selling pressure, creating support levels. Look for high volume candles with large lower wicks that close in the upper half.
KEY FEATURES
- Automatic detection of institutional absorption patterns
- Dynamic support and resistance zone creation
- Customizable styling for all visual elements
- Historic zone display for backtesting analysis
- Strength-based filtering to show only high-probability setups
- Real-time alerts for new absorption patterns
- Professional info panel with key statistics
- Multi-timeframe compatibility
MAIN SETTINGS
Volume Threshold (1.2): Minimum volume surge required compared to average. Higher values = fewer but stronger signals.
Minimum Volume (2500): Absolute volume floor to prevent signals during low-volume periods.
Min Wick Size (0.2): Minimum wick size as ATR multiple. Ensures significant rejection occurred.
Minimum Strength (1.5): Combined volume and wick strength filter. Higher values = higher quality signals.
Show Historic Zones (OFF): Enable to see all historical zones for backtesting. Disable for better performance.
Zone Extension (20): How many bars to project zones forward for anticipating future reactions.
TRADING APPROACH
ZONE REACTION STRATEGY: Wait for price to approach absorption zones and trade the bounce or rejection. Use the zones as dynamic support and resistance levels.
BREAKOUT STRATEGY: Trade decisive breaks of strong absorption zones with proper risk management. Failed zones often lead to strong moves.
CONFLUENCE TRADING: Combine absorption zones with other technical analysis for highest probability setups. Look for alignment with trend lines, Fibonacci levels, and key support/resistance.
RISK MANAGEMENT: Always use stop losses beyond the absorption zones. Target minimum 1:2 risk-reward ratios. Position size appropriately based on zone strength.
OPTIMIZATION GUIDE
For Conservative Trading (fewer, higher quality signals):
- Volume Threshold: 1.5
- Minimum Strength: 2.0
- Min Wick Size: 0.3
For Aggressive Trading (more signals, requires careful filtering):
- Volume Threshold: 1.1
- Minimum Strength: 1.0
- Min Wick Size: 0.15
BEST PRACTICES
Markets: Works best on liquid instruments with good volume - major forex pairs, popular stocks, liquid futures, and established cryptocurrencies.
Timeframes: Effective on all timeframes from 1-minute scalping to daily swing trading. Adjust settings based on your timeframe and trading style.
Confirmation: Never trade absorption signals in isolation. Always combine with trend analysis, market structure, and proper risk management.
Session Timing: Be aware of market sessions and avoid trading during low liquidity periods or major news events.
Backtesting: Use the historic zones feature to validate performance on your chosen market and timeframe before live trading.
CUSTOMIZATION
The indicator offers complete visual customization including zone colors, border styles, label appearances, and info panel positioning. All colors can be adapted to match your chart theme and personal preferences.
Alert system provides both basic and custom message alerts for real-time notifications of new absorption patterns.
PERFORMANCE NOTES
Default settings are optimized for most markets and timeframes. For best performance on older charts, keep "Show Historic Zones" disabled unless specifically backtesting.
The indicator maintains excellent performance even with extensive historical analysis enabled, handling up to 500 zones and 100 labels for comprehensive backtesting.
Smart Money Premium | Made by EF (Improved)📊 Smart Money Premium | Made by EF (Improved)
A powerful all-in-one toolkit built for Smart Money / ICT traders.
It helps you clearly identify market structure, liquidity, order blocks, fair value gaps, and high-probability entry signals — all visualized directly on your chart.
✨ Key features:
✅ Automatic detection of Swing High / Swing Low points
✅ Real-time BOS / CHOCH (Break of Structure / Change of Character) labeling
✅ Dynamic Order Blocks with adjustable duration and color
✅ Detection of Fair Value Gaps (FVG) and visualization with customizable zones
✅ Liquidity zones (EQH/EQL) with tolerance settings
✅ Smart Swing Failure Patterns (SFP) with instant labels
✅ Built-in Kill Zones for London & New York sessions
✅ Automatic adaptation of key parameters to your timeframe
✅ Volume filter for additional signal confirmation
✅ Clear SL/TP levels with customizable Risk:Reward
✅ Interactive status panel showing trend, structure, session, and live signal readiness
⚙️ How to use:
1️⃣ Add the indicator to your chart
2️⃣ Choose your preferred settings (or let it auto-tune by timeframe)
3️⃣ Follow the on-chart signals: BOS, CHOCH, SFP, OB & FVG zones
4️⃣ Use the SL/TP levels and Risk:Reward built into each signal to plan your trades
✅ Designed for:
• Traders who follow Smart Money Concepts / ICT methodology
• Those who want a clean, visual and data-driven approach
• Both beginners and advanced traders looking to save time and keep discipline
🛠 All logic is transparent and customizable — colors, lookback periods, OB/FVG duration, liquidity sensitivity and more.
🔔 Alerts included for Long and Short setups.
VWAP (Enhanced)Structured VWAP Enhanced
A dynamic, multi-functional VWAP indicator designed to help traders visualize key support and resistance levels during the trading session. This indicator computes the Volume Weighted Average Price (VWAP) along with two structured bands derived from customizable multipliers based on either standard deviation or percentage. In addition, it offers the following features:
Dual Bands: Displays two bands (Band #1 and Band #2) that adapt to market volatility, each with its own customizable multiplier.
Dynamic Midlines: Plots both the original midlines (the center of each band) and enhanced midlines between the VWAP and each band edge for clearer visual cues.
Fixed Offset Bands: Includes offset lines set at a fixed 0.25% above and below the VWAP and each band level to help highlight near-term price targets.
Custom VWAP Anchoring: Supports various anchoring periods (Session, Week, Month, etc.) and special events (Earnings, Dividends, Splits) to reset VWAP calculations, making it adaptable to different trading styles.
Visual Customization: Easily toggle the display of each component (bands, midlines, enhanced midlines, and offset lines) to suit your analysis needs.
Whether you are an intraday trader or a longer-term market participant, Structured VWAP Enhanced provides a robust framework to identify price imbalances and potential turning points throughout your trading day.
Add this indicator to your chart for a comprehensive view of VWAP dynamics and structured market levels.
Watermark Clarity V33🌟 Introducing Watermark Clarity V33 – Banner 🌟
Watermark Clarity V33 is a visual utility tool designed to enhance chart awareness, focus, and clean aesthetics without adding market noise. Unlike traditional indicators, this script does not generate buy/sell signals or perform technical analysis. Instead, it provides a customizable on-chart watermark banner that clearly communicates your current mindset, risk awareness, or trading bias directly on the chart — helping traders stay aligned with their pre-defined plans and reducing impulsive behavior.
Whether you’re a discretionary trader, scalper, or swing trader, Watermark Clarity V33 offers an adaptive display that blends clarity with minimalism, keeping your chart clean while remaining informative.
🛠 Customizable Parameters
• Dual Text Banners: Configure two independent headers to reflect trading goals, risk posture, or emotional cues.
• Smart Animation Toggle: Optionally animate between messages to help reinforce shifting market awareness or draw attention during high-alert periods.
• Size, Color & Positioning: Adjust the info box’s text size, banner dimensions, background color, transparency, and placement (top/middle/bottom – left/center/right).
• Transparent Mode: Switch to semi-transparent mode for cleaner overlays during live sessions or screen recording.
🚀 New Feature – Custom Alerts & Smart Animation Control
• Market-Aware Animation Logic:
When Enable Animation is turned on and both Heading 1 and Heading 2 are filled:
• 📈 During Market Hours → The banner alternates smoothly between both headings, helping maintain awareness and visual engagement.
• 💤 Outside Market Hours → The banner remains fixed on Heading 1. This acts as a subtle visual cue that markets are currently closed — giving you peace of mind and a cleaner screen.
✨ Visual Utility Use Cases
• Accountability Layer: Keep yourself accountable to your trading rules or session checklist.
• Mindset Anchor: Display motivational or tactical reminders that guide your trading behavior.
• Multi-Timeframe Syncing: Use different watermarks across charts to stay aligned across timeframes or instruments.
📘 How to Use
1. Add the Indicator: Apply “Watermark Clarity V33 – Banner” to your chart.
2. Configure Inputs: Adjust the banner texts, size, color scheme, and screen position to your liking.
4. Focus & Trade: Let the visual cue support your decision-making environment without interfering with price action.
❗ Important Notes
• This indicator does not analyze price data or generate signals. It is designed solely for visual clarity and trader discipline support.
• All display logic runs in real-time and responds to your settings only, no repainting or lookahead bias.
Frahm FactorIntended Usage of the Frahm Factor Indicator
The Frahm Factor is designed to give you a rapid, at-a-glance assessment of how volatile the market is right now—and how large the average candle has been—over the most recent 24-hour window. Here’s how to put it to work:
Gauge Volatility Regimes
Volatility Score (1–10)
A low score (1–3, green) signals calm seas—tight ranges, low risk of big moves.
A mid score (4–6, yellow) warns you that volatility is picking up.
A high score (7–10, red) tells you to prepare for disorderly swings or breakout opportunities.
How to trade off it
In low-volatility periods, you might favor mean-reversion or range-bound strategies.
As the score climbs into the red zone, consider widening stops, scaling back position size, or switching to breakout momentum plays.
Monitor Average Candle Size
Avg Candle (ticks) cell shows you the mean true-range of each bar over that 24h window in ticks.
When candles are small, you know the market is consolidating and liquidity may be thin.
When candles are large, momentum and volume are driving strong directional bias.
The optional dynamic color ramp (green→yellow→red) immediately flags when average bar size is unusually small or large versus its own 24h history.
Customize & Stay Flexible
Timeframes: Works on any intraday chart—from 1-minute scalping to 4-hour swing setups—because it always looks back exactly 24 hours.
Toggles:
Show or hide the Volatility and Avg-Candle cells to keep your screen uncluttered.
Turn on the dynamic color ramp only when you want that extra visual cue.
Alerts: Built-in alerts fire automatically at meaningful thresholds (Volatility ≥ 8 or ≤ 3), so you’ll never miss regime shifts, even if you step away.
Real-World Applications
Risk Management: Automatically adjust your stop-loss distances or position sizing based on the current volatility band.
Strategy Selection: Flip between range-trading and momentum strategies as the volatility regime changes.
Session Analysis: Pinpoint when during the day volatility typically ramps—perfect for doorway sessions like London opening or the US midday news spikes.
Bottom line: the Frahm Factor gives you one compact dashboard to see the pulse of the market—so you can make choices with conviction, dial your risk in real time, and never be caught off guard by sudden volatility shifts.
Logic Behind the Frahm Factor Indicator
24-Hour Rolling Window
On every intraday bar, we append that bar’s True Range (TR) and timestamp to two arrays.
We then prune any entries older than 24 hours, so the arrays always reflect exactly the last day of data.
Volatility Score (1–10)
We count how many of those 24 h TR values are less than or equal to the current bar’s TR.
Dividing by the total array size gives a percentile (0–1), which we scale and round into a 1–10 score.
Average Candle Size (ticks)
We sum all TR values in the same 24 h window, divide by array length to get the mean TR, then convert that price range into ticks.
Optionally, a green→yellow→red ramp highlights when average bar size is unusually small, medium or large versus its own 24 h history.
Color & Alerts
The Volatility cell flips green (1–3), yellow (4–6) or red (7–10) so you see regime shifts at a glance.
Built-in alertcondition calls fire when the score crosses your high (≥ 8) or low (≤ 3) thresholds.
Modularity
Everything—table location, which cells to show, dynamic coloring—is controlled by simple toggles, so you can strip it back or layer on extra visual cues as needed.
That’s the full recipe: a true 24 h look-back, a percentile-ranked volatility gauge, and a mean-bar-size meter, all wrapped into one compact dashboard.
New York Midnight Day SeparatorThis Pine Script indicator draws vertical separator lines on the chart at midnight in the New York timezone (Eastern Time). The lines mark the start of each new trading day from Monday to Friday, helping traders visually distinguish daily sessions based on New York market time. The separator lines are rendered as slightly transparent gray lines spanning the full price range of each midnight candle, providing a clean and unobtrusive visual aid for session tracking.
15Min Opening Range & Midline (UTC+2) This TradingView script draws the 15-minute Opening Range of the day based on a user-defined start time and plots the high, low, and midline of this range. It works by capturing the high and low of the first 15 minutes of the session, and then extending them for the rest of the trading day. The midline is calculated as the average of the high and low values.
Key Features:
User-configurable start time: Define the hour and minute for when the opening range should start based on your local time zone.
Line customization: Choose the color and line style (solid, dashed, dotted) for the high, low, and midline.
Easy-to-read visual representation: The high and low lines extend across the chart from the range start, with the midline placed in the center.
Dynamic updates: The indicator resets at the start of each new trading day and updates the opening range lines accordingly.
Perfect for:
Traders looking to monitor the initial market range during the first 15 minutes of trading.
Identifying key support and resistance levels based on early price action.
Providing a midline to assess market bias and potential breakouts.
Notes:
The indicator calculates everything based on the local time zone you define and automatically adjusts to your desired start time.
It will not redraw lines; once drawn, they remain on the chart until the next session.
Prev Candle Before Biggest Body (3-7am EST)This indicator automatically identifies and marks, for each trading day, the candle immediately preceding the largest open-to-close movement (in pips) during the key London session window from 3:00am to 7:00am EST (New York time). The largest candle is determined by the absolute difference between its open and close prices, measured in pips. The candle just before this “biggest” move is highlighted with a distinctive pink flag above the bar. This tool is especially useful for traders seeking to analyze pre-breakout price action or to identify key levels and setups that occur right before significant volatility during the early London session.
Opening Range 15 minThis indicator highlights the Opening Range (OR) for the first 15 minutes (9:30–9:45 AM EST). It visually plots high/low lines and a shaded box to define this range, helping traders identify key intraday levels for potential breakout or rejection scenarios. The script also provides optional overlays for the Previous Day’s High/Low and the Extended Hours High/Low, offering a complete context for day trading setups.
Main Features:
Opening Range Detection – Automatically calculates and draws the high/low of the 9:30–9:45 AM session.
Visual Enhancements – Includes customizable lines, shaded boxes, and labels to mark the OR high (ORH) and low (ORL) levels.
Previous Day High/Low (Optional) – Plots and labels the previous day's high and low for reference during current day trading.
Extended Hours High/Low (Optional, when ETH enabled) – Displays overnight session levels for added insight into early volatility (4:00 AM to 9:30 AM EST).
User Customization – Easily adjust colors, label styles, and visibility for all plotted levels and regions.
Range Progress TrackerRANGE PROGRESS TRACKER(RPT)
PURPOSE
This indicator helps traders visually and statistically understand how much of the typical price range (measured by ATR) has already been covered in the current period (Daily, Weekly, or Monthly). It includes key features to assist in trend exhaustion analysis, reversal spotting, and smart alerting.
CORE LOGIC
The indicator calculates the current range of the selected time frame (e.g., Daily), which is:
Current Range = High - Low
This is then compared to the ATR (Average True Range) of the same time frame, which represents the average price movement range over a defined period (default is 14).
The comparison is expressed as a percentage, calculated with this formula:
Range % = (Current Range / ATR) × 100
This percentage shows how much of the “average expected move” has already occurred.
WHY IT MATTERS
When the current range approaches or exceeds 100% of ATR, it means the price has already moved as much as it typically does in a full session.
This indicates a lower probability of continuing the trend with a new high or low, especially when the price is already near the session's high or low.
This setup can signal:
A possible consolidation phase
A reversal in trend
The market entering a corrective phase
SMART ALERTS
The indicator can alert you when:
A new high is made after the range percentage exceeds your set threshold.
A new low is made after the range percentage exceeds your set threshold.
You can adjust the Range % Alert Threshold in the settings to tailor it to your trading style.
Opening Range BreakoutOPENING RANGE BREAKOUT (ORB) INDICATOR
DESCRIPTION
The Opening Range Breakout indicator is a powerful technical analysis tool designed specifically for US equity markets. It identifies and visualizes the opening range established during the first configurable minutes of each trading day (starting at 9:30 AM EST), then provides clear signals when price breaks out of or rejects from these key levels.
This indicator combines multiple timeframe analysis capabilities with precise breakout detection to help traders identify high-probability trading opportunities based on opening range dynamics.
KEY FEATURES
Configurable Opening Range:
• Set opening range duration from 5 minutes to 4 hours
• Automatically adjusts calculations based on your chart timeframe
• Works on any timeframe (1m, 5m, 15m, 1h, etc.)
Multi-Day Range Display:
• Shows up to 50 days of historical opening ranges
• Each day's range properly contained within its trading session
• Range lines extend from market open (9:30 AM) to market close (4:00 PM EST)
Clear Signal System:
• Green arrows (⬆): Bullish breakouts and rejections
• Red arrows (⬇): Bearish breakouts and rejections
• Two signal types: Close breakouts (normal size) and wick rejections (small size)
Visual Range Highlighting:
• Opening range period highlighted with colored box
• Customizable colors for range fill, borders, and midline
• Clean, professional appearance with configurable line styles
SIGNAL TYPES
Bullish Signals (Green ⬆):
1. Close Breakout Above Range (Normal Size): 5-minute candle closes above the opening range high
2. Wick Rejection from Below (Small Size): Price wicks below the opening range low but closes back inside the range
Bearish Signals (Red ⬇):
1. Close Breakout Below Range (Normal Size): 5-minute candle closes below the opening range low
2. Wick Rejection from Above (Small Size): Price wicks above the opening range high but closes back inside the range
CONFIGURATION OPTIONS
Range Settings:
• Opening Range Minutes: Duration of opening range (default: 30 minutes)
• Lookback Days: Number of historical days to display (default: 20 days)
Visual Customization:
• Range Color: Fill color for the opening range area
• Border Color: Color for range high/low lines
• Midline Color: Color for the range midpoint line
• Opening Range Highlight Color: Color for the opening period box
• Line Style: Solid, Dashed, or Dotted lines
• Line Width: 1-4 pixel width options
Display Options:
• Show Midline: Toggle midpoint line display
• Show Range Labels: Toggle price level labels
• Arrow Distance: Adjust arrow positioning (0.1-2.0%)
USAGE GUIDE
Basic Setup:
1. Add the indicator to your chart (works best on 5-minute timeframe)
2. Configure your preferred opening range duration (15m, 30m, or 60m are popular choices)
3. Adjust lookback days based on your analysis needs
4. Customize colors and line styles to match your chart theme
Trading Applications:
Breakout Trading:
• Long Entry: Green arrow (close breakout above range) + confirmation
• Short Entry: Red arrow (close breakout below range) + confirmation
• Stop Loss: Opposite side of the opening range
• Target: 1-2x the range size or key support/resistance levels
Range Rejection Trading:
• Reversal Setups: Small arrows indicate failed breakouts
• Mean Reversion: Trade back toward range midline
• Support/Resistance: Use range levels as key price zones
Multi-Day Analysis:
• Identify recurring support/resistance levels
• Analyze range expansion/contraction patterns
• Compare current day's activity to recent history
BEST PRACTICES
1. Timeframe Selection: 5-minute charts provide optimal signal clarity
2. Range Duration: 30-minute opening range is most commonly used, but adjust based on:
- Market volatility
- Stock characteristics
- Trading style preference
3. Confirmation: Use additional indicators or price action for trade confirmation
4. Risk Management: Always use appropriate position sizing and stop losses
MARKET SESSIONS
The indicator is specifically designed for US equity markets:
• Market Open: 9:30 AM EST
• Market Close: 4:00 PM EST
• Opening Range: Calculated from market open
• Range Lines: Extend throughout the trading day only
PERFORMANCE NOTES
• Optimized for real-time trading with minimal lag
• Automatically manages memory by cleaning old ranges
• Efficiently handles multiple timeframes and range calculations
KNOWN ISSUES & WORKAROUNDS
Historical Buffer Error:
Issue: Occasionally, you may encounter an error: "The requested historical offset (XXX) is beyond the historical buffer's limit (770)"
Workaround:
1. Switch to a different timeframe temporarily
2. Switch back to your original timeframe
3. The indicator will reload and function normally
This is a Pine Script limitation related to historical data access and doesn't affect the indicator's core functionality.
COMPATIBILITY
• Pine Script Version: v6
• Chart Types: All chart types supported
• Timeframes: All timeframes (optimized for 1m-1h)
• Markets: Designed for US equity markets during regular trading hours
TIPS FOR MAXIMUM EFFECTIVENESS
1. Combine with Volume: High volume on breakouts increases reliability
2. Market Context: Consider overall market direction and volatility
3. News Awareness: Be cautious around earnings and major announcements
4. Range Quality: Wider ranges often provide better breakout opportunities
5. Time of Day: Early breakouts (first 1-2 hours) often have higher follow-through
This indicator is provided for educational and informational purposes. Always conduct your own analysis and manage risk appropriately.
Premarket High/Low (Horizontal Rays)=== Script Description ===
This TradingView script automatically detects and displays the high and low prices
during the premarket session (04:00–09:30 Eastern Time) for the current trading day.
It draws horizontal rays that extend across the chart and labels them as "PM High" and "PM Low".
These markers are refreshed daily and only apply to today's session.
The script also provides full customization for:
- Line color, width, and style (solid, dotted, dashed)
- Label text color, background color, size, and style (left, right, up, down)
Time note: This script assumes data aligned with U.S. market hours.
Weekday Colors with Time Highlighting by NabojeetThis script is a Pine Script (version 6) indicator called "Weekday Colors with Time Highlighting" designed for TradingView charts. It has several key functions:
1. **Weekday Color Coding**:
- Assigns different background colors to each trading day (Monday through Friday)
- Allows users to customize the color for each day
- Includes toggles to enable/disable colors for specific days
2. **Time Range Highlighting**:
- Highlights a specific time period (e.g., 18:15-18:30) on every trading day
- Uses a custom color that can be adjusted by the user
- The time range is specified in HHMM-HHMM format
3. **High/Low Line Drawing**:
- Automatically identifies the highest high and lowest low points within the specified time range
- Draws horizontal lines at these levels when the time period ends
- Lines extend forward in time to serve as support/resistance references
- Users can customize the line color, width, and style (solid, dotted, or dashed)
The script is organized into logical sections with input parameters grouped by function (Weekday Colors, Weekday Display, Time Highlighting, and Horizontal Lines). Each section's inputs are customizable through the indicator settings panel.
This indicator would be particularly useful for traders who:
- Want visual distinction between different trading days
- Focus on specific time periods each day (like market opens, closes, or specific sessions)
- Use intraday support/resistance levels from key time periods
- Want to quickly identify session highs and lows
The implementation resets tracking variables at the beginning of each new time range and draws the lines once the time period ends, ensuring accurate high/low marking for each day's specified time window.
Author - Nabojeet
Akkerman IMB + Targets IndicatorAkkerman IMB + Targets Indicator
The Akkerman IMB + Targets Indicator is a powerful tool for traders who use the Smart Money Concept (SMC) methodology for intraday trading. This indicator combines several key elements of technical analysis, such as IMB (Imbalance) zones, liquidity zones, and intraday targets, to help traders identify significant levels on the chart for potential entry and exit points.
Main Features of the Indicator:
IMB (Imbalance) Zones:
The indicator detects IMB zones (imbalances) on the chart, which are often significant for the market because these zones can signal unsupported price moves where the market may either retrace or continue the move.
Green box — indicates a bullish IMB, where the price moves downward but does not reach the previous "low" level.
Red box — indicates a bearish IMB, where the price moves upward but does not reach the previous "high" level.
Liquidity Zones:
The indicator automatically identifies liquidity zones, which are critical levels for potential retracements or breakouts. These zones are determined by equal highs and lows on the chart (where the price has made similar highs or lows).
Triangles or lines highlight levels where significant buy or sell orders might be gathered.
Intraday Target Lines:
The indicator generates targets for intraday trading based on support and resistance levels over the last 10 periods.
These target lines on the chart indicate potential entry or exit points based on the lowest and highest prices over the past 10 bars, which represent key points for trading within the current session.
Indicator Settings:
Show IMB: Toggle to show or hide IMB zones on the chart.
Show Liquidity Zones: Toggle to show or hide liquidity zones on the chart.
Show Targets (Intraday): Toggle to show or hide intraday target lines.
Max Targets (maxTargets): Set the maximum number of targets to display on the chart.
How to Use:
IMB Zones help identify potential retracement or breakout zones on the market. These zones are a critical part of Smart Money analysis, as markets often retrace to these areas after significant price moves.
Liquidity Zones provide clues about where large orders may be gathered, which could lead to a retracement or breakout.
Intraday Targets assist in identifying important levels for entering or exiting trades within the current session to take advantage of short-term price movements.
Important Notes:
This indicator works best on the 1-hour timeframe (H1) for more accurate and stable signals.
For maximum effectiveness, it is recommended to combine this indicator with other technical indicators and analysis methods.
Half Causal EstimatorOverview
The Half Causal Estimator is a specialized filtering method that provides responsive averages of market variables (volume, true range, or price change) with significantly reduced time delay compared to traditional moving averages. It employs a hybrid approach that leverages both historical data and time-of-day patterns to create a timely representation of market activity while maintaining smooth output.
Core Concept
Traditional moving averages suffer from time lag, which can delay signals and reduce their effectiveness for real-time decision making. The Half Causal Estimator addresses this limitation by using a non-causal filtering method that incorporates recent historical data (the causal component) alongside expected future behavior based on time-of-day patterns (the non-causal component).
This dual approach allows the filter to respond more quickly to changing market conditions while maintaining smoothness. The name "Half Causal" refers to this hybrid methodology—half of the data window comes from actual historical observations, while the other half is derived from time-of-day patterns observed over multiple days. By incorporating these "future" values from past patterns, the estimator can reduce the inherent lag present in traditional moving averages.
How It Works
The indicator operates through several coordinated steps. First, it stores and organizes market data by specific times of day (minutes/hours). Then it builds a profile of typical behavior for each time period. For calculations, it creates a filtering window where half consists of recent actual data and half consists of expected future values based on historical time-of-day patterns. Finally, it applies a kernel-based smoothing function to weight the values in this composite window.
This approach is particularly effective because market variables like volume, true range, and price changes tend to follow recognizable intraday patterns (they are positive values without DC components). By leveraging these patterns, the indicator doesn't try to predict future values in the traditional sense, but rather incorporates the average historical behavior at those future times into the current estimate.
The benefit of using this "average future data" approach is that it counteracts the lag inherent in traditional moving averages. In a standard moving average, recent price action is underweighted because older data points hold equal influence. By incorporating time-of-day averages for future periods, the Half Causal Estimator essentially shifts the center of the filter window closer to the current bar, resulting in more timely outputs while maintaining smoothing benefits.
Understanding Kernel Smoothing
At the heart of the Half Causal Estimator is kernel smoothing, a statistical technique that creates weighted averages where points closer to the center receive higher weights. This approach offers several advantages over simple moving averages. Unlike simple moving averages that weight all points equally, kernel smoothing applies a mathematically defined weight distribution. The weighting function helps minimize the impact of outliers and random fluctuations. Additionally, by adjusting the kernel width parameter, users can fine-tune the balance between responsiveness and smoothness.
The indicator supports three kernel types. The Gaussian kernel uses a bell-shaped distribution that weights central points heavily while still considering distant points. The Epanechnikov kernel employs a parabolic function that provides efficient noise reduction with a finite support range. The Triangular kernel applies a linear weighting that decreases uniformly from center to edges. These kernel functions provide the mathematical foundation for how the filter processes the combined window of past and "future" data points.
Applicable Data Sources
The indicator can be applied to three different data sources: volume (the trading volume of the security), true range (expressed as a percentage, measuring volatility), and change (the absolute percentage change from one closing price to the next).
Each of these variables shares the characteristic of being consistently positive and exhibiting cyclical intraday patterns, making them ideal candidates for this filtering approach.
Practical Applications
The Half Causal Estimator excels in scenarios where timely information is crucial. It helps in identifying volume climaxes or diminishing volume trends earlier than conventional indicators. It can detect changes in volatility patterns with reduced lag. The indicator is also useful for recognizing shifts in price momentum before they become obvious in price action, and providing smoother data for algorithmic trading systems that require reduced noise without sacrificing timeliness.
When volatility or volume spikes occur, conventional moving averages typically lag behind, potentially causing missed opportunities or delayed responses. The Half Causal Estimator produces signals that align more closely with actual market turns.
Technical Implementation
The implementation of the Half Causal Estimator involves several technical components working together. Data collection and organization is the first step—the indicator maintains a data structure that organizes market data by specific times of day. This creates a historical record of how volume, true range, or price change typically behaves at each minute/hour of the trading day.
For each calculation, the indicator constructs a composite window consisting of recent actual data points from the current session (the causal half) and historical averages for upcoming time periods from previous sessions (the non-causal half). The selected kernel function is then applied to this composite window, creating a weighted average where points closer to the center receive higher weights according to the mathematical properties of the chosen kernel. Finally, the kernel weights are normalized to ensure the output maintains proper scaling regardless of the kernel type or width parameter.
This framework enables the indicator to leverage the predictable time-of-day components in market data without trying to predict specific future values. Instead, it uses average historical patterns to reduce lag while maintaining the statistical benefits of smoothing techniques.
Configuration Options
The indicator provides several customization options. The data period setting determines the number of days of observations to store (0 uses all available data). Filter length controls the number of historical data points for the filter (total window size is length × 2 - 1). Filter width adjusts the width of the kernel function. Users can also select between Gaussian, Epanechnikov, and Triangular kernel functions, and customize visual settings such as colors and line width.
These parameters allow for fine-tuning the balance between responsiveness and smoothness based on individual trading preferences and the specific characteristics of the traded instrument.
Limitations
The indicator requires minute-based intraday timeframes, securities with volume data (when using volume as the source), and sufficient historical data to establish time-of-day patterns.
Conclusion
The Half Causal Estimator represents an innovative approach to technical analysis that addresses one of the fundamental limitations of traditional indicators: time lag. By incorporating time-of-day patterns into its calculations, it provides a more timely representation of market variables while maintaining the noise-reduction benefits of smoothing. This makes it a valuable tool for traders who need to make decisions based on real-time information about volume, volatility, or price changes.
Market Open Highlights (9:30 AM ET)This indicator zeroes in on the 9:30 AM Eastern Time market opens for NAS100 and US30, highlighting all market opens with a bold yet subtle yellow background. Tailored for precision backtesting, it uses TradingView’s timezone capabilities to pinpoint the exact 9:30 AM candle, skipping weekends to focus solely on U.S. equity market opens.
What It Does:
The script tracks the bar indices of all market opens at 9:30 AM ET, applying a semi-transparent yellow highlight to those candles. It’s a clean, efficient way to mark key session starts for analyzing price action or testing strategies.
How to Use It:
1. Apply the script to a chart of NAS100 (e.g., FX:NAS100) or US30 (e.g., FX:US30) in TradingView on any timeframe.
2. Set your chart timezone to "America/New_York" (Settings > Timezone/Sessions).
3. Scroll back through trading days to see the yellow highlights on the 9:30 AM candles.
4. While it functions across all timeframes, it’s optimized for 5-minute and 1-minute charts, where the 9:30 AM candle aligns precisely with the U.S. market open for detailed analysis.
5. Use it to study price behavior or refine strategies around this critical daily event.
PriorHourRangeLevels_v0.1PriorHourRangeLevels_v0.1
Created by dc_77 | © 2025 | Mozilla Public License 2.0
Overview
"PriorHourRangeLevels_v0.1" is a versatile Pine Script™ indicator designed to help traders visualize and analyze price levels based on the prior hour’s range. It overlays key levels—High, Low, 75%, 50% (EQ), and 25%—from the previous hour onto the current price chart, alongside the current hour’s opening price. With customizable display options and time zone support, it’s ideal for intraday traders looking to identify support, resistance, and breakout zones.
How It Works
Hourly Reset: The indicator detects the start of each hour based on your chosen time zone (e.g., "America/New_York" by default).
Prior Hour Range: It calculates the High and Low of the previous hour, then derives three additional levels:
75%: 75% of the range above the Low.
EQ (50%): The midpoint of the range.
25%: 25% of the range above the Low.
Current Hour Open: Displays the opening price of the current hour.
Projection: Lines extend forward (default: 24 bars) to project these levels into the future, aiding in real-time analysis.
Alerts: Triggers alerts when the price crosses any of the prior hour’s levels (High, 75%, EQ, 25%, Low).
Key Features
Time Zone Flexibility: Choose from options like UTC, New York, Tokyo, or London to align with your trading session.
Visual Customization:
Toggle visibility for each level (High, Low, 75%, EQ, 25%, Open, and Anchor).
Adjust line styles (Solid, Dashed, Dotted), colors, and widths.
Show or hide labels with adjustable sizes (Tiny, Small, Normal, Large).
Anchor Line: A vertical line marks the start of the prior hour, with optional labeling.
Alert Conditions: Set up notifications for price crossings to catch key moments without watching the chart.
Usage Tips
Use the High and Low as potential breakout levels, while 75%, EQ, and 25% act as intermediate support/resistance zones.
Trend Confirmation: Watch how price interacts with the EQ (50%) level to gauge momentum.
Session Planning: Adjust the time zone to match your market (e.g., "Europe/London" for FTSE trading).
Projection Offset: Extend or shorten the lines (via "Projection Offset") based on your chart timeframe.
Inputs
Time Zone: Select your preferred market time zone.
Anchor Settings: Show/hide the prior hour start line, style, color, width, and label.
Level Settings: Customize visibility, style, color, width, and labels for Open, High, 75%, EQ, 25%, and Low.
Display: Set projection length and label size.
5-Min ORB with Volume SpikeThis indicator identifies Opening Range Breakouts (ORB) based on the high and low of the first 5 minutes of the trading day and confirms the breakout with a volume spike.
🔍 What It Does:
Automatically captures the Opening Range High and Low from 9:30 AM to 9:35 AM (configurable).
Plots green (high) and red (low) lines across the chart once the opening range is set.
Highlights long breakout signals when price breaks above the OR High with above-average volume.
Highlights short breakout signals when price breaks below the OR Low with above-average volume.
Volume confirmation is based on a customizable 20-period simple moving average (SMA) of volume.
⚙️ Best Used On:
5-minute or lower intraday charts (e.g., SPY, QQQ, futures, etc.)
Highly liquid, high-volatility instruments
U.S. equity market open (customizable for other sessions)
📈 Trading Edge: This strategy helps traders identify strong, momentum-driven breakouts early in the trading session — especially when confirmed by increased institutional activity (volume spike).
Intraday Low Engulf Line This indicator currently work on Future product as it track the intraday low for the daily session from 6pm to 5pm EST. You may have to manually adjust the code if there is a time difference, or day light saving.
This indicator will track all new intraday low through out the session. Once a new intraday low is made, the indicator will display the high of that candle as an engulf target.
If the next candle making a intraday low, this engulf target will be updated. Until there is no more intraday low is made, we will see a engulf target line which is the high of the candle that make the most recent intraday low.
If there is any candle body is below the intraday low engulf life, you can expect to place a buy stop order to trade the bullish reversal.
You may want to use 5m or 15m, or 30M timeframe to reduce the noise of this indicator.
Your stop loss will be set at the intraday low. Therefore a higher time frame 5m is better for entry, however 1m timeframe will give you the best reward.
The idea is that Indraday low engulf line can be a target for bullish reversal or a bullish retest.
Another way to use this this intraday low engulf line is to treat it as a support. If the support break, the trend can be bearish too.
You have to develop your own price action strategy how to trade this.
I will also add an intraday High engulf indicator later.
Key Levels by MoneyTribe21This custom script provides real-time tracking of key market price levels, helping traders identify critical support and resistance zones. It dynamically updates throughout the trading session, making it ideal for intraday trading, breakout strategies, and market structure analysis.
Features:
Real-Time Tracking of Key Price Levels:
ATH (All-Time High): Tracks the highest price ever reached for the asset.
PDH (Previous Day High): Marks the high of the last trading day,
PDL (Previous Day Low): Marks the low of the last trading day, serving as dynamic support.
Resistance Level: Based on the current day’s high, signaling potential price rejection points.
Support Level: Based on the current day’s low, indicating potential price bounces.
Daily Open Price: Tracks the exact market open price at the start of the trading session.
Works Across All Timeframes:
Designed for intraday, swing, and long-term trading.
Automatically adjusts levels for Forex, Stocks, Crypto, and Indices.
Fully Customizable Settings:
Modify line colors, thickness, and styles for better chart readability.
Enable/disable specific levels based on trading preference.
Works on all TradingView-compatible brokers and platforms.
How to Use This Indicator:
Breakout & Reversal Trading:
If price breaks above PDH, it may indicate bullish momentum.
If price breaks below PDL, it may signal a bearish continuation.
ATH levels can act as strong resistance zones—watch for breakouts or rejection.
Dynamic Support & Resistance:
Resistance Level (Current Day High): If price fails to break, it may signal a reversal.
Support Level (Current Day Low): If price bounces off, it may confirm a strong uptrend.
Daily Open for Trend Confirmation:
Above Daily Open: Market sentiment is bullish.
Below Daily Open: Market sentiment is bearish.
Customization Options:
Toggle individual price levels ON/OFF for a clutter-free chart.
Customize colors, line styles, and alerts for better visualization.
Set alerts for breakouts & retests of key levels.
Ideal for Traders Who:
Want high-probability support & resistance zones in real-time.
Trade breakouts, reversals, or trend continuations.
Use market structure analysis for informed decision-making.
Need automatic price tracking instead of drawing levels manually.
Compatible with all TradingView timeframes & assets (Forex, Stocks, Crypto, Indices).
Designed for both beginner and advanced traders.
Add this indicator to your chart and start tracking key levels instantly.
Fibonacci & Bollinger Bands StrategyTrading System: Fibonacci & Bollinger Bands Strategy
1. Session Timing
Trade only from 1 PM onwards.
Identify the first candle on the 1 PM vertical line to set the market direction.
If it's a bullish candle, look for buy opportunities.
If it's a bearish candle, look for sell opportunities.
2. Fibonacci Retracement as a Measuring Tool
Identify the recent swing high and swing low before the 1 PM session.
Draw Fibonacci retracement levels from low to high (for buys) or high to low (for sells).
Key retracement levels to watch: 0.0%, 50.0%, and 100.0%.
Entries can be placed at 0.0% or 50.0%, aiming for a move toward 100.0% retracement.
3. Bollinger Bands Confirmation
If the Bollinger Bands are above price, expect a downward move (sell).
If the Bollinger Bands are below price, expect an upward move (buy).
Use this as additional confirmation for your Fibonacci-based trade.
4. Entry & Exit Rules
Entry:
If the 1 PM candle confirms a bullish bias, enter long near Fibonacci 0.0% or 50.0%.
If the 1 PM candle confirms a bearish bias, enter short near Fibonacci 0.0% or 50.0%.
Stop Loss: Below (for buys) or above (for sells) the swing low/high used for Fibonacci.
Take Profit: Target 100.0% retracement level or next key resistance/support.
5. Risk Management
Risk 1-2% per trade.
Avoid trading if price is too far from Fibonacci levels.
Confirm setup with Bollinger Bands alignment.
