SnR Key Level Detector by RWBTradeLabSnR Key Level Detector by RWBTradeLab
A clean, non-repainting key level detector built for price action traders who want clear, fixed Support/Resistance reference levels with breakout upgrades and alerts.
What this indicator does
This script automatically detects and draws 6 types of SnR key levels using CLOSED candles only (no running-candle logic):
1. Base Key Levels (from 2-candle sequences)
* A Level: Green → Red (Level = 1st Green candle Close)
* V Level: Red → Green (Level = 1st Red candle Close)
* Bullish Gap Level: Green → Green (Level = 1st Green candle Close)
* Bearish Gap Level: Red → Red (Level = 1st Red candle Close)
2. Breakout Upgrade Levels
* RBS (Resistance → Support): When a Green candle CLOSE breaks above an A Level or Bearish Gap Level
* SBR (Support → Resistance): When a Red candle CLOSE breaks below a V Level or Bullish Gap Level
Visuals on chart
* Each detected level is drawn as a horizontal Ray extended to the right.
* Optional text labels are placed above/below the level based on the level type.
* Adjustable “Label Offset (ticks)” to keep labels cleaner on the chart.
Alerts (bar-close only)
Built-in alerts trigger only when a candle is CONFIRMED:
* A Level
* V Level
* Bullish Gap
* Bearish Gap
* SBR
* RBS
Each alert includes price and time in the message.
Key settings
* Candle Length (closed candles): Scans last N closed candles (running candle excluded).
* On/Off toggles: Enable/disable each level type and text labels individually.
* Label Offset (ticks): Controls the label distance from the level line.
Non-repainting confirmation
All levels and alerts are calculated on confirmed bars only.
No repainting, no running-bar signals.
Best use
Works on any market and timeframe. For higher reliability, combine with:
* Higher timeframe structure
* Supply & Demand zones
* Trend context and liquidity sweeps
Disclaimer:
This indicator is a level-detection tool, not financial advice. Trading involves risk; always use proper risk management and confirm levels with your own analysis.
Creator: RWBTradeLab
If you find this useful, please leave a like ⭐ and share your feedback.
Support-resistance
Luxy VWAP Magic - MTF Projection EngineThis indicator transforms the classic VWAP into a comprehensive trading system. Instead of switching between multiple indicators, you get everything in one place: multi-timeframe analysis, statistical bands, momentum detection, volume profiling, session tracking, and divergence signals.
What Makes This Different
Traditional VWAP indicators show a single line. This tool treats VWAP as a foundation for complete market analysis. The indicator automatically detects your asset type (stocks, crypto, forex, futures) and adjusts its behavior accordingly. Crypto traders get 24/7 session tracking. Stock traders get proper market hours handling. Everyone gets institutional-grade analytics.
Anchor Period Options
The anchor period determines when VWAP resets and recalculates. You have three categories of options:
Time-Based Anchors:
Session - Resets at market open. Best for intraday stock trading where you want fresh VWAP each day.
Day - Resets at midnight UTC. Standard option for most traders.
Week / Month / Quarter / Year - Longer reset periods for swing traders and position traders who want broader context.
Rolling Window Anchors:
Rolling 5D - A sliding 5-day window that never resets. Solves the Monday problem where weekly VWAP equals daily VWAP on first day of week.
Rolling 21D - Approximately one month of trading data in continuous calculation. Excellent for crypto and forex markets that trade 24/7 without clear session breaks.
Event-Based Anchors:
Dividends - Resets on ex-dividend dates. Track institutional cost basis from dividend events.
Splits - Resets on stock split dates. Useful for analyzing post-split trading behavior.
Earnings - Resets on earnings report dates. See where volume-weighted trading occurred since last quarterly report.
Standard Deviation Bands
Three sets of bands surround the main VWAP line:
Band 1 (Aqua) - Plus and minus one standard deviation. Approximately 68% of price action occurs within this range under normal distribution. Touches suggest minor extension.
Band 2 (Fuchsia) - Plus and minus two standard deviations. Only 5% of trading should occur outside this range statistically. Touches here indicate significant overextension and high probability of mean reversion.
Band 3 (Purple) - Plus and minus three standard deviations. Touches are rare (0.3% probability) and represent extreme conditions. Often marks climax moves or panic selling/buying.
Each band can be toggled independently. Most traders show Band 1 by default and add Band 2 and 3 for specific setups or volatile instruments.
Multi-Timeframe VWAP System
The MTF section plots previous period VWAPs as horizontal support and resistance levels:
Daily VWAP - Previous day's final VWAP value. Key intraday reference level.
Weekly VWAP - Previous week's final VWAP. Important for swing traders.
Monthly VWAP - Previous month's final VWAP. Institutional benchmark level.
Quarterly VWAP - Previous quarter's final VWAP. Major support/resistance for position traders.
Previous Day VWAP - Yesterday's closing VWAP specifically, separate from current daily calculation.
The Confluence Zone percentage setting determines how close multiple VWAPs must be to trigger a confluence alert. When two or more timeframe VWAPs converge within this threshold, you get a high-probability support/resistance zone.
Session VWAPs for Global Markets
For forex, crypto, and futures traders who operate in 24/7 markets, the indicator tracks three major global sessions:
Asia Session - UTC 21:00 to 08:00. Gold colored line. Typically lower volatility, range-bound action that sets overnight levels.
London Session - UTC 08:00 to 17:00. Orange colored line. Often determines daily direction with high volume European participation.
New York Session - UTC 13:00 to 22:00. Blue colored line. Highest volume session globally. Sharp directional moves common.
Previous session VWAP values display as horizontal lines when each session closes, acting as intraday support and resistance. The table shows which sessions are currently active with checkmarks.
On-Chart Labels and Signals
The indicator plots several types of labels directly on price action when significant events occur:
Volume Spike Labels
Fire when current bar volume exceeds configurable thresholds relative to both the previous bar and the 20-bar average. Default settings require 300% of previous bar AND 200% of average volume. Green labels indicate bullish candles. Red labels indicate bearish candles. These spikes often mark institutional entry points.
Momentum Shift Labels
Appear when VWAP acceleration changes direction. The Slowing label warns when an active trend loses steam, often preceding reversal. The Accelerating label confirms trend continuation or potential bottom during downtrends. Filters available to show only reversal signals in existing trends.
VWAP Squeeze Labels
Detect when standard deviation bands contract relative to ATR (Average True Range). Low volatility compression often precedes explosive breakout moves. When the squeeze fires (releases), a label appears with directional prediction based on VWAP slope.
Divergence Labels
Mark price/volume divergences using CVD (Cumulative Volume Delta) analysis:
Bullish divergence: Price makes lower low, but CVD makes higher low. Hidden accumulation despite price weakness.
Bearish divergence: Price makes higher high, but CVD makes lower high. Hidden distribution despite price strength.
Dynamic VWAP Coloring
The main VWAP line changes color based on its slope direction:
Green - VWAP is rising. Institutional buying pressure. Volume-weighted price increasing.
Red - VWAP is falling. Institutional selling pressure. Volume-weighted price decreasing.
Gray - VWAP is flat. Consolidation or balance between buyers and sellers.
This coloring can be disabled for a static blue line if you prefer cleaner visuals. The VWAP label next to the line shows the current trend direction and delta percentage.
Calculated Projection Cone
One of the most powerful features is the Calculated Projection Cone. Unlike traditional extrapolation methods that simply extend a trend line forward, this system analyzes what actually happened in similar market conditions throughout the chart's history.
How It Works:
The system classifies each bar into one of 27 unique market states:
Z-Score Level - LOW (oversold), MID (fair value), or HIGH (overbought) based on configurable thresholds
Trend Direction - DOWN, FLAT, or UP based on VWAP slope
Volume Profile - LOW (below 80%), NORMAL (80-150%), or HIGH (above 150%) relative volume
When you look at the current bar, the indicator:
1. Identifies the current market state (e.g., LOW Z-Score + UP Trend + HIGH Volume)
2. Searches through all historical bars on the chart that had the same state
3. Calculates what happened in those bars X bars later (where X is your projection horizon)
4. Shows you the probability of up/down and the average move size
Visual Elements:
Probability Cone - Colored green (bullish probability above 55%), red (bearish below 45%), or gold (neutral). The cone width represents the historical range of outcomes (roughly the 20th to 80th percentile).
Center Line - Shows the average expected price based on historical outcomes in similar conditions.
Probability Label - Displays direction probability and average move. Example: "67% UP (+0.8%)" means 67% of similar past cases moved up, averaging 0.8% gain.
Fallback System:
When the exact 27-state match has insufficient historical data:
First fallback: Uses Z-Score plus Trend only (9 broader states, ignoring volume)
Second fallback: Uses Z-Score only (3 states)
When fallback is active, confidence automatically adjusts
Settings:
Projection Horizon - How many bars forward to analyze outcomes (5, 10, 15, or 20 bars, default 10)
Lookback Period - Historical data window in days (30-252, default 60)
Minimum Samples - Cases needed before using fallback (5-30, default 10)
Z-Score Threshold - Bucket boundary for LOW/MID/HIGH classification (1.0, 1.5, or 2.0 sigma)
Cloud Transparency - Adjust visibility (50-95%)
Colors - Customize bullish, bearish, and neutral cone colors
Confidence Levels:
HIGH - 30 or more similar historical cases found
MEDIUM - 15-29 similar cases
LOW - Fewer than 15 cases (more uncertainty)
IMPORTANT DISCLAIMER:
The Calculated Projection is based on past patterns only. It is NOT a price prediction or financial advice. Similar market states in the past do not guarantee similar outcomes in the future. The probability shown is historical frequency, not a guarantee. Always combine with other analysis and never rely solely on projections for trading decisions.
Alert Conditions
The indicator includes over 20 pre-built alert conditions:
Price vs VWAP:
Price crosses above VWAP
Price crosses below VWAP
Band Touches:
Price touches plus or minus one sigma band
Price touches plus or minus two sigma band (extreme)
Price touches plus or minus three sigma band (very extreme)
Z-Score Extremes:
Z-Score crosses above plus two (overbought extreme)
Z-Score crosses below minus two (oversold extreme)
Momentum and Trend:
Momentum slowing
Momentum accelerating
Trend turns bullish/bearish/neutral
Volume:
Volume spike detected
CVD Direction:
Buyers take control
Sellers take control
High Probability Signals:
Bullish reversal signal (oversold plus accelerating momentum)
Bearish reversal signal (overbought plus slowing momentum)
MTF and Special:
MTF confluence zone entry
VWAP squeeze fired
Bullish/Bearish divergence detected
Any significant signal (catch-all)
All signals use confirmed bar data to prevent false alerts from incomplete candles.
Settings Overview
Settings are organized into logical groups:
VWAP Settings
Anchor Period selection
Show/Hide VWAP line
Dynamic coloring toggle
VWAP label visibility
Bands Visibility
Toggle each of three bands independently
Info Table
Show/Hide table
Table position (9 options)
Text size
Volume spike label settings with adjustable thresholds
Momentum label settings with filters
Signal labels limited to 5 most recent (auto-managed)
Probability engine lookback period
Multi-Timeframe VWAP
Enable/Disable MTF system
Show MTF in table
Show MTF lines on chart
Individual timeframe toggles
Confluence zone threshold
Squeeze detection toggle
Session VWAPs
Enable/Disable session tracking
Apply to all assets option
Show session labels
Divergence Detection
Enable/Disable divergence
Pivot lookback period
Show divergence labels
Calculated Projection
Enable/Disable projection cone
Projection horizon (5, 10, 15, or 20 bars)
Lookback period in days (30-252)
Minimum samples threshold
Z-Score classification threshold (1.0, 1.5, or 2.0 sigma)
Cloud transparency adjustment
Bullish, bearish, and neutral colors
The Info Table - Your Trading Dashboard
The right side of your chart displays a compact table with up to twelve metrics.
Row-by-Row Breakdown:
Asset and Period - Shows what the indicator detected (US Stock, Crypto, Forex, etc.) and your selected anchor period. The detection happens automatically based on exchange data, so VWAP resets and calculations match your actual trading instrument.
Delta Percentage - How far current price sits from VWAP, expressed as a percentage. Positive means price trades above fair value. Negative means below. Large delta values (beyond 1-2%) often precede mean reversion moves. Day traders watch this for overextension.
Z-Score - Statistical deviation from VWAP measured in standard deviations. Unlike raw delta, Z-Score accounts for volatility. A 2% move in a volatile biotech stock differs from 2% in a stable utility. Z-Score normalizes this. Values beyond plus or minus two sigma occur only 5% of the time statistically.
Trend Direction - Whether VWAP itself is rising, falling, or flat. Rising VWAP means the volume-weighted average price is increasing, which indicates institutional accumulation. Falling VWAP suggests distribution. This differs from price trend since it weights by volume.
Momentum State - Is the trend accelerating or slowing down? This measures the rate of change in VWAP slope. When an uptrend shows slowing momentum, it often precedes reversal. Accelerating momentum in a downtrend can signal capitulation and potential bottom.
Relative Volume - Current bar volume compared to the 20-bar average, shown as percentage. Values above 150% indicate above-average activity. Spikes above 200-300% often mark institutional involvement. Low volume (below 80%) warns of potential fake moves.
MTF Bias - Four checkmarks or X marks showing whether price sits above or below Daily, Weekly, Monthly, and Quarterly VWAP. Four checkmarks means strong bullish alignment across all timeframes. Four X marks indicates bearish alignment. Mixed readings suggest consolidation or transition.
Band Probabilities - Historical statistics showing how often price touched each standard deviation band over your lookback period. This helps you understand if mean reversion or trend following works better for your specific instrument.
Session Status - Which global trading sessions are currently active (Asia, London, New York). Shows checkmarks for active sessions. Important for forex and crypto traders who need to know when major liquidity windows open and close.
Divergence State - Whether the indicator detects bullish or bearish divergence between price and cumulative volume delta. Bullish divergence occurs when price makes lower lows but buying pressure (CVD) makes higher lows, suggesting hidden accumulation.
Confidence Score - A weighted composite of all factors displayed as a progress bar and percentage. Combines MTF alignment, Z-Score, trend direction, volume delta, momentum, and relative volume into a single 0-100 score. Higher scores indicate stronger conviction setups.
Calculated Projection - When the Projection Cone is enabled, shows the historical probability of price direction and expected move. For example: "▲ 67% (+0.8%)" means in similar market states historically, price moved up 67% of the time with an average gain of 0.8%. The system analyzes 27 unique market states based on Z-Score, Trend, and Volume conditions.
Recommended Use Cases
Day Trading Stocks:
Use Session anchor with Band 1 visible. Watch for price returning to VWAP after morning move. Volume spikes near VWAP often mark institutional accumulation zones.
Swing Trading:
Use Weekly or Rolling 21D anchor. Enable MTF lines for Daily and Weekly levels. Trade pullbacks to these levels in direction of MTF bias.
Crypto and Forex:
Enable Session VWAPs. Use Rolling anchors to avoid artificial resets. Monitor session transitions for breakout opportunities.
Mean Reversion:
Focus on Z-Score reaching plus or minus two. Add Band 2 visibility. Combine with slowing momentum for highest probability reversals.
Trend Following:
Watch MTF bias alignment. Four checkmarks plus accelerating momentum plus high volume confirms trend continuation setups.
Projection Planning:
Enable the Calculated Projection to see what happened historically in similar market conditions. Use 5-10 bars for intraday setups, 15-20 bars for swing trade planning. Focus on high probability readings (above 60%) with HIGH confidence (30 or more samples). The cone shows the probable range of outcomes based on actual historical data. Combine with other factors like MTF alignment and volume for higher conviction setups.
Important Notes
The indicator does not repaint. MTF values use previous period's confirmed data.
Rolling VWAP works best on 15-minute timeframes and above due to bar lookback requirements.
Session VWAPs apply to global markets by default (forex, crypto, futures). Enable the all-assets option for stocks if desired.
Volume data for forex represents tick volume, not actual traded volume.
All alert conditions fire only on confirmed (closed) bars to prevent false signals.
The Calculated Projection updates each bar as market state changes. This is expected behavior. The projection shows probabilities based on similar past conditions, not a fixed prediction.
Q AND A
Q: Does this indicator repaint?
A: No. The main VWAP calculation uses standard TradingView VWAP methodology. Multi-timeframe values use previous period's confirmed data with appropriate lookahead settings. All alert signals require bar confirmation.
Q: Why does my Rolling VWAP look different on 1-minute versus 15-minute charts?
A: Rolling VWAP calculates across a fixed number of trading days. On very short timeframes, the bar lookback may hit TradingView limits. For best Rolling VWAP accuracy, use 15-minute or higher timeframes.
Q: Can I use this on any instrument?
A: Yes. The indicator automatically detects asset type and adjusts behavior. Stocks use standard market hours. Crypto uses 24/7 calculations. Forex uses tick volume. Everything adapts automatically.
Q: What does the Confidence Score actually measure?
A: The score combines six weighted factors: MTF alignment (25%), Z-Score position (20%), Trend direction (20%), CVD pressure (15%), Momentum state (10%), and Relative volume (10%). Higher scores indicate more factors aligned in one direction.
Q: Why are Session VWAPs not showing on my stock chart?
A: Session VWAPs apply to 24-hour markets by default (forex, crypto, futures). For stocks, enable the Use for All Assets option in Session VWAP settings.
Q: The Divergence labels appear delayed. Is this a bug?
A: Divergence detection requires pivot confirmation, which needs bars on both sides of the pivot point. The label appears at the actual pivot location (several bars back) once confirmed. This is intentional and prevents false signals.
Q: Can I change the band colors?
A: Yes. Each of the three bands has its own color input setting. You can customize Band 1, Band 2, and Band 3 colors to match your preferences. The defaults are Aqua, Fuchsia, and Purple. The main VWAP line color adapts dynamically based on slope direction or can be set to static blue.
Q: How do I set up alerts?
A: Right-click on the chart, select Add Alert, choose this indicator, and select your desired condition from the dropdown. All conditions include descriptive alert messages with relevant data.
Q: What is the Probability Engine lookback period?
A: This setting determines how many trading days the indicator analyzes to calculate band touch rates and mean reversion statistics. Default is 60 days (approximately 3 months). Longer periods provide more stable statistics but may miss recent behavior changes.
Q: Why do I see fewer labels than expected?
A: Signal labels (Volume, Momentum, Squeeze, Divergence) are limited to 5 most recent labels on the chart to keep it clean. When a new label appears, the oldest one is automatically removed. Additionally, momentum labels have several filters: check the slope multiplier setting (higher values require stronger trends) and the Only Reversal Signals option (when enabled, labels only appear for potential reversals, not trend confirmations).
Q: What is the Calculated Projection and how accurate is it?
A: The Calculated Projection analyzes what happened in past market conditions similar to the current state. It classifies each bar by Z-Score level, Trend direction, and Volume profile (27 unique states), then shows the historical probability of up vs down and the average move size. It is NOT a price prediction or guarantee. The probability shown is how often similar conditions led to up/down moves historically, not a future guarantee. Always use it as one input among many.
Q: Why does the Projection probability change?
A: The projection updates on each bar as market state changes. If Z-Score moves from LOW to MID, or trend shifts from UP to FLAT, the system looks up a different historical category. This is expected behavior. The projection shows what happened in similar past conditions to the current bar's state.
Q: The Projection shows LOW confidence. What does that mean?
A: Confidence levels indicate sample size: HIGH means 30 or more historical cases found, MEDIUM means 15-29 cases, LOW means fewer than 15 cases. When sample size is low, the system uses a fallback: first aggregating by Z-Score plus Trend only (ignoring volume), then by Z-Score only. LOW confidence means less statistical reliability, so weight other factors more heavily in your decision.
Q: Why does the cone sometimes show 50/50 probability?
A: A 50/50 reading means that in similar past market states, price moved up roughly half the time and down half the time. This indicates a neutral or balanced condition where historical patterns provide no directional edge. Consider waiting for a higher probability setup or using other analysis methods.
CREDITS AND ACKNOWLEDGMENTS
Methodology Foundation:
VWAP (Volume Weighted Average Price) - Standard institutional benchmark calculation, widely used since the 1980s for algorithmic execution and fair value assessment
Standard Deviation Bands - Statistical volatility measurement applying normal distribution principles to price deviation from mean
Z-Score Analysis - Classic statistical normalization technique for comparing values across different volatility regimes
Cumulative Volume Delta (CVD) - Order flow analysis concept measuring aggressive buying versus selling pressure
Concept Integration:
Mean reversion probability engine - Custom historical statistics tracking for band touch rates
Momentum acceleration detection - Second derivative analysis of VWAP slope changes
VWAP Squeeze - Volatility compression concept adapted from TTM Squeeze methodology applied to VWAP bands versus ATR
Confidence scoring system - Weighted composite scoring combining multiple technical factors
Calculated Projection Cone - Probability-based projection using 27-state market classification (Z-Score, Trend, Volume) with historical outcome analysis and weighted fallback system
All calculations use standard public domain formulas and TradingView built-in functions. No proprietary third-party code was used.
For questions, feedback, or feature requests, please comment below or send a private message.
Happy Trading!
ATH/ATL/DaysThis indicator displays the All-Time High (ATH) and All-Time Low (ATL) — or more precisely, the highest and lowest price within the last N days. It works on any timeframe and uses only local chart data (no security() calls), ensuring stable and accurate results.
It plots horizontal lines for both the ATH and ATL and includes a clean, compact table showing:
Date of the extreme
Days since it occurred
Price
% distance from current price
$ distance from current price
A reliable tool for identifying local extremes, spotting market structure shifts, and tracking short-term price ranges.
Axel AltsOverview
Axel Alts is a higher-timeframe-aware overlay that forms a two-line support band for altcoins using a sticky, threshold-and-step progression. It draws an Upper Support (mid) and a Lower Support (low) derived from evolving local lows, with smoothed transitions and an optional halving-cycle bear-window background.
The goal is disciplined context: identify controlled pullbacks into support in constructive regimes and avoid emotional chasing. All core settings are fixed for consistent behavior across symbols.
Core logic (concepts, not implementation)
• Two baseline levels are computed as fractional distances from the current base and then smoothed.
• A sticky mechanism advances each line toward its target only when deviation is material, and in capped steps. This reduces whipsaw and preserves structure.
• Visual easing smooths transitions so curves remain stable and readable.
• Rendering accounts for higher-timeframe structure and uses interpolation on lower timeframes for visual continuity; values do not look ahead and finalize on higher-timeframe closes.
• An optional bear-window background is derived from halving dates to flag a more cautious phase between the late part of one cycle and the run-up to the next.
Inputs
• Parameters are locked (lengths, fractions, sticky thresholds/steps, easing radii, bear-window bounds). No user-tweakable inputs—this prevents overfitting and improves repeatability.
How to read it
• The zone between Upper Support and Lower Support is the preferred “controlled pullback” area in constructive regimes.
• Persistent closes above Upper Support indicate strength; orderly reactions into the band can be constructive.
• Sustained closes below Lower Support warn of deterioration; be cautious with aggressive longs until recovery.
• The bear-window background suggests a more conservative stance on risk and size.
• Confirmations are best taken on daily/weekly closes; short-term pokes through the band are often noise.
Practical use cases
• Altcoin rotation: prioritize names holding the band; de-prioritize those persisting below it.
• Dollar-Cost Averaging (DCA) context: scale within the band during favorable regimes.
• Risk framing: tighten or reduce exposure on breaks below Lower Support or during the bear window.
• Confluence: combine with volume/volatility tools and market-wide risk gauges.
Best practices
• Rely on daily/weekly closes for confirmation.
• Pair with market structure (HH/HL vs. LH/LL) and higher-timeframe support/resistance.
• Consider broader cycle context (e.g., halving windows) before scaling risk.
Technical notes
• Non-repainting: values finalize on the close of the higher timeframe used by each calculation.
• Interpolation on lower timeframes is for continuity only; it is not forward-looking.
• Bear-window boundaries are fixed and derived from publicly known Bitcoin halving dates.
• The fill between lines is fixed in the current configuration.
Who it is for
• Traders who want a fixed-rules, repeatable context for alt pullbacks and trend health.
• Systematic users who prefer deterministic, non-tunable overlays for portfolio discipline.
Limitations & disclosures
• Closed-source; for educational and analytical use only.
• Not financial advice. Markets involve risk; past performance does not guarantee future results.
Release notes
• Includes sticky progression for both support lines with eased transitions.
• Improved visual continuity on lower timeframes while respecting higher-timeframe structure.
• Added halving-based bear-window highlighting (bounds are fixed).
Originality & why closed-source
This is not a reimplementation of public open-source scripts. Axel Alts integrates (1) sticky threshold-and-step progression, (2) dual support lines built from fractional levels off evolving lows with separate smoothing, (3) visual easing for stability, and (4) a halving-based bear window. The interaction of thresholds/steps, smoothing, and the regime window is proprietary and tuned to retain structure while limiting lag. The source is closed to protect this implementation.
Integration, not a mashup
Axel Alts is a single, self-contained framework. It does not merely merge indicators; its components are designed to work together to form a unified support band with a clear reading protocol (hold within the band, caution below, close-based confirmations, optional bear-window context).
Indicator, not a strategy
This publication is an indicator overlay, not a trading strategy. It includes no backtests, position logic, performance claims, or risk assumptions. Use it as analytical context within your own risk management.
Comparison to common tools
Compared to standard moving-average channels or volatility bands, Axel Alts emphasizes (1) structure retention via sticky thresholds/steps, (2) smoother visuals through eased transitions, and (3) explicit cycle context via the halving-based bear window.
Anrazzi - EMAs/ATR - 1.0.2The Anrazzi – EMAs/ATR indicator is a multi-purpose overlay designed to help traders track trend direction and market volatility in a single clean tool.
It plots up to six customizable moving averages (MAs) and an Average True Range (ATR) value directly on your chart, allowing you to quickly identify market bias, dynamic support/resistance, and volatility levels without switching indicators.
This script is ideal for traders who want a simple, configurable, and efficient way to combine trend-following signals with volatility-based position sizing.
📌 Key Features
Six Moving Averages (MA1 → MA6)
Toggle each MA on/off individually
Choose between EMA or SMA for each
Customize length and color
Perfect for spotting trend direction and pullback zones
ATR Display
Uses Wilder’s ATR formula (ta.rma(ta.tr(true), 14))
Can be calculated on current or higher timeframe
Adjustable multiplier for position sizing (e.g., 1.5× ATR stops)
Displays cleanly in the bottom-right corner
Custom Watermark
Displays symbol + timeframe in top-right
Adjustable color and size for streamers, screenshots, or clear charting
Compact UI
Organized with group and inline inputs for quick configuration
Lightweight and optimized for real-time performance
⚙️ How It Works
MAs: The script uses either ta.ema() or ta.sma() to compute each moving average based on the user-selected type and length.
ATR: The ATR is calculated using ta.rma(ta.tr(true), 14) (Wilder’s smoothing), and optionally scaled by a multiplier for easier use in risk management.
Tables: ATR value and watermark are displayed using table.new() so they stay anchored to the screen regardless of zoom level.
📈 How to Use
Enable the MAs you want to track and adjust their lengths, type, and colors.
Enable ATR if you want to see volatility — optionally select a higher timeframe for broader context.
Use MAs to:
Identify overall trend direction (e.g. price above MA20 = bullish)
Spot pullback zones for entries
See when multiple MAs cluster together as support/resistance zones
Use ATR value to:
Size your stop-loss dynamically (e.g. stop = entry − 1.5×ATR)
Detect volatility breakouts (ATR spikes = market expansion)
🎯 Recommended For
Day traders & swing traders
Trend-following & momentum strategies
Volatility-based risk management
Traders who want a clean, all-in-one dashboard
Recent Range DetectorOverview
The Recent Range Detector is a specialized indicator designed to identify when an asset is currently range-bound, providing traders with clear support and resistance levels for range trading strategies. Unlike traditional indicators that focus on trend detection, this tool specifically answers the question: "Is the price range-bound right now, and what are the exact trading levels?"
Key Features
✅ Smart Range Detection - Uses a multi-factor scoring system to identify legitimate ranges
✅ Dynamic Support/Resistance Levels - Automatically calculates and displays key trading levels
✅ Range Quality Scoring - Provides confidence levels (Strong/Moderate/Weak Range)
✅ Touch Validation - Counts actual price touches to confirm range reliability
✅ Breakout Detection - Alerts when price exits the established range
✅ Visual Clarity - Clean boxes, lines, and labels for easy interpretation
How It Works
The indicator analyses recent price action using three core metrics:
Touch Quality (40%) - How many times price has respected support/resistance levels
Containment Quality (40%) - What percentage of recent bars stayed within the range
Recent Respect (20%) - Whether the latest price action confirms the range
These combine into a Range Score (0-1) that determines range strength and reliability.
Settings & Parameters
Range Lookback Period (Default: 15)
Number of bars to analyse for range detection
Shorter periods = more responsive to recent ranges
Longer periods = more stable, fewer false signals
Range Tolerance (Default: 2.0%)
Tolerance for price touches around exact highs/lows
Lower values = stricter range requirements
Higher values = more flexible range detection
Minimum Touches (Default: 3)
Required number of support/resistance touches for valid range
Higher values = more confirmed ranges, fewer signals
Lower values = more sensitive, earlier detection
Visual Options
Show Range Box: Displays the range boundaries
Show Support/Resistance Lines: Extends levels into the future
Understanding the Output
Range Score (0.000 - 1.000)
0.7+ = Strong Range (Green) - High confidence range trading setup
0.5-0.7 = Moderate Range (Yellow) - Decent range with some caution
0.3-0.5 = Weak Range (Orange) - Low confidence, be careful
<0.3 = Not Ranging - Avoid range trading strategies
Range Status Classifications
Strong Range - Perfect for range trading strategies
Moderate Range - Good range with normal risk
Weak Range - Marginal range, use smaller positions
Not Ranging - Price is trending or too choppy for range trading
Key Metrics in Info Table
Range Size (%) - Size of the range relative to price level
5-15% = Ideal range size for most strategies
<5% = Tight range, lower profit potential
>15% = Wide range, higher profit potential but more risk
Support/Resistance Levels - Exact price levels for entries/exits
Use these as your key trading levels
Support = potential buy zone
Resistance = potential sell zone
Total Touches - Number of times price respected the levels
3-5 touches = Newly formed range
6-10 touches = Well-established range
10+ touches = Very strong, reliable range
Price Position (%) - Current location within the range
0-20% = Near support (potential long opportunity)
80-100% = Near resistance (potential short opportunity)
40-60% = Middle of range (wait for better entry)
Visual Elements
Range Box
Green Box = Strong Range (Score ≥ 0.7)
Yellow Box = Moderate Range (Score 0.5-0.7)
Orange Box = Weak Range (Score 0.3-0.5)
Support/Resistance Lines
- Horizontal lines showing exact trading levels
- Extend into the future for forward guidance
- Colour matches the range strength
Background Colouring
- Subtle background tint during range periods
- Helps quickly identify ranging vs trending markets
Breakout Signals
- 📈 RANGE BREAK UP - Price breaks above resistance
- 📉 RANGE BREAK DOWN - Price breaks below support
- Only appears for confirmed ranges (Score ≥ 0.5)
Trading Applications
Range Trading Strategy
1. Look for Range Score ≥ 0.5
2. Buy near support (Price Position 0-20%)
3. Sell near resistance (Price Position 80-100%)
4. Set stops just outside the range
5. Exit on breakout signals
Breakout Strategy
1. Identify strong ranges (Score ≥ 0.7)
2. Wait for volume-confirmed breakout
3. Enter in breakout direction
4. Use previous resistance as support (or vice versa)
Market Context
- Strong ranges often occur after trending moves
- Use higher timeframes to confirm overall market structure
- Combine with volume analysis for better entries/exits
Best Practices
What to Look For
✅ Range Score ≥ 0.5 for trading consideration
✅ Multiple touches (5+) for confirmation
✅ Clear price rejection at levels
✅ Reasonable range size (5-15% for most assets)
✅ Recent price respect of boundaries
What to Avoid
❌ Trading ranges with Score < 0.3
❌ Very tight ranges (<3% size) - low profit potential
❌ Ranges with only 1-2 touches - not confirmed
❌ Ignoring breakout signals
❌ Trading against the higher timeframe trend
Alerts Available
- Range Detected - New range formation
- Range Break Up - Upward breakout
- Range Break Down - Downward breakout
- Range Ended - Range condition ended
Timeframe Recommendations
- Daily Charts - Best for swing trading ranges
- 4H Charts - Good for intermediate-term ranges
- 1H Charts - Suitable for day trading ranges
- Lower Timeframes - May produce more noise
Conclusion
The Recent Range Detector eliminates guesswork in range identification by providing objective, quantified range analysis. It's particularly valuable for traders who prefer range-bound strategies or need to identify when trending strategies should be avoided.
Remember: No indicator is perfect. Always combine with proper risk management, volume analysis, and broader market context for best results.
Disclaimer
This indicator is for educational purposes only and should not be considered as financial advice. Trading involves risk, and past performance does not guarantee future results. Always conduct your own research and consider your risk tolerance before making any trading decisions.
Fundur - Market Sentiment A Fundur - Market Sentiment A: Complete Trading Indicator Guide
Indicator Overview
The Fundur - Market Sentiment A is a revolutionary multi-timeframe sentiment analysis indicator that combines advanced ZigZag pivot detection, wave-based structure analysis, and comprehensive market sentiment evaluation into one powerful trading tool. This indicator is designed to identify high-probability reversal points and trend continuations by analyzing market sentiment across 11 different timeframes simultaneously.
What Makes Market Sentiment A Unique?
Market Sentiment A is a sophisticated ZigZag system that utilizes the Market Sentiment B oscillator to perform advanced on-chart analysis against price action. By introducing Histogram-Correlated ZigZag Analysis - a breakthrough methodology that correlates sentiment histogram waves with actual price pivots to identify validated market extremes. Unlike static pivot indicators, Market Sentiment A provides dynamic analysis that adapts to changing market conditions while maintaining precise accuracy in pivot identification.
Core Methodology
The indicator operates on the principle that market sentiment oscillates in measurable waves that precede price movements. By analyzing sentiment patterns across multiple timeframes and correlating them with histogram wave behavior, traders can identify precise entry and exit points with quantifiable strength ratings and comprehensive wave event analysis.
Key Features
🎯 Revolutionary ZigZag System
Histogram-Correlated Detection : Unique correlation between sentiment waves and price pivots
Dynamic Speed Control : High, Medium, Low sensitivity settings for different market conditions
Validated Extremes : Only confirmed pivots are marked with comprehensive validation system
Real-Time Correlation : Live correlation between histogram turns and price extremes
📊 Multi-Timeframe Sentiment Engine
11 Timeframe Analysis : Simultaneous analysis across periods from 8 to 987 bars
Advanced Sentiment Calculation : Proprietary algorithm combining multiple sentiment factors
Momentum Wave Integration : 34-period momentum waves for trend context
Dynamic Smoothing : Optional smoothing for cleaner signals
🧠 Intelligent Wave Event Tracking
Green Wave Events : Bullish histogram wave analysis with comprehensive event detection
Red Wave Events : Bearish histogram wave analysis with detailed event tracking
Event Deduplication : Advanced system prevents duplicate event detection
10+ Event Types : MPIV, HTURN, TRI, SW, VOL, MDIV, HDIV, PDIV and more
⚖️ Advanced Strength Rating System
0-100 Strength Score : Comprehensive strength calculation for every pivot
Multi-Factor Analysis : Based on wave events, trend context, structure, and sentiment
Real-Time Calculation : Dynamic strength scoring as conditions change
Strength Breakdown : Detailed tooltip showing strength components
🎨 Sophisticated Visual System
Validated Pivot Labels : Clear ✓ markers for confirmed extremes
Structure Analysis : HH/HL/LH/LL structure identification with trend context
Dynamic ZigZag Lines : Connecting validated extremes with trend-based coloring
Bar Coloring Options : Momentum swings and market sentiment bar coloring
Comprehensive Tooltips : Detailed information on hover for every pivot
Setup Guide
Step 1: Adding the Indicator
Open TradingView and navigate to your desired chart
Click the "Indicators" button or press "/" key
Search for "Fundur - Market Sentiment A"
Add the indicator to your chart
Step 2: Core System Configuration
ZigZag System Settings
✅ Enable ZigZag System: ON (Core functionality)
ZigZag Speed : Choose based on your trading style:
High Speed : Most sensitive, fastest detection (2-bar lookback) - Best for scalping
Medium Speed : Balanced approach (3-bar lookback) - Recommended for most traders
Low Speed : Most reliable, slower detection (4-bar lookback) - Best for swing trading
✅ Show ZigZag Lines: ON (Visual connection of validated pivots)
Bar Coloring Settings
⚠️ Momentum Swings: OFF (Avoid visual clutter initially)
✅ Market Sentiment: ON (Primary sentiment-based bar coloring)
Step 3: Label Display Configuration
Essential Labels (Recommended Settings)
✅ Show Validated Pivots (✓): ON (Core validated extremes)
⚠️ Show Potential Turns (●): OFF (Reduces noise - enable once familiar)
⚠️ Show Structure Labels: OFF (Start clean, enable for advanced analysis)
⚠️ Include Trend in Structure Labels: OFF (Advanced feature)
✅ Show Strength Rating (💪): ON (Critical for trade quality assessment)
⚠️ Show Market Sentiment Wave Events: OFF (Advanced feature for later)
Label Visual Customization
Label Coloring : Standard (Highs=Red, Lows=Green)
Label Size : Normal
Label Transparency : 0%
Text Transparency : 0%
Step 4: Alert System Setup
✅ Enable Alerts: ON
⚠️ Alert Potential Bullish Turns: OFF (Disabled by design to prevent noise)
⚠️ Alert Potential Bearish Turns: OFF (Disabled by design to prevent noise)
✅ Alert ONLY on Confirmed Extremes: ON (High-quality signals only)
✅ Include Wave Events in Confirmed Alerts: ON (Comprehensive context)
Basic Trading Guide
Understanding the Dynamic ZigZag System
Market Sentiment A is fundamentally a Dynamic ZigZag System that displays validated highs and lows on your price chart. The indicator uses Market Sentiment B wave calculations internally to determine when sentiment waves finish, but these histograms and oscillators are NOT displayed on your chart .
What You See on Your Chart:
✓ Validated Highs : Red checkmarks marking confirmed resistance levels
✓ Validated Lows : Green checkmarks marking confirmed support levels
ZigZag Lines : Connecting validated extremes to show market structure
💪 Strength Ratings : 0-100 scores indicating signal quality
Structure Labels : HH/HL/LH/LL showing trend context
How Validation Works (Behind the Scenes):
High Validation : Uses Market Sentiment B wave analysis to confirm when a price high represents a true resistance level
Low Validation : Uses Market Sentiment B wave analysis to confirm when a price low represents a true support level
Dynamic Detection : Continuously monitors sentiment waves to validate extremes in real-time
Quality Filtering : Only displays the most significant highs and lows based on wave completion
Key Trading Concept:
Focus entirely on the validated highs and lows displayed on your chart. These represent dynamic support and resistance levels that have been confirmed by underlying sentiment analysis. The histogram and oscillator calculations happen internally - your trading decisions should be based on price action around these validated levels.
Entry Strategies
Primary Strategy: Dynamic Support/Resistance Reversals
Setup : Wait for validated pivot with ✓ marker and strength rating displayed on chart
Entry Timing : Enter on the bar when validation occurs or on pullback to the validated level
Direction : Counter-trend to the validated extreme (buy at validated lows/support, sell at validated highs/resistance)
Confirmation : Look for strength rating above 60 for higher probability setups
Structure Context : Consider overall trend using HH/HL/LH/LL structure labels
Secondary Strategy: ZigZag Trend Continuation
Setup : Identify trend direction using consecutive validated highs and lows
Entry : Enter in trend direction when price pulls back to previous validated level
Confirmation : Look for structure labels confirming trend (HH/HL for uptrend, LH/LL for downtrend)
Strength Filter : Use strength ratings above 70 for trend continuation entries
Stop Loss Methodology
For Long Positions (Validated Lows) : Place stop below the validated low price level
For Short Positions (Validated Highs) : Place stop above the validated high price level
Alternative Method : Use previous validated extreme in opposite direction as stop level
Structure-Based Method : Use significant validated levels that would invalidate the trade setup
Buffer Consideration : Add small buffer beyond validated level to account for wicks and spread
Profit Taking Strategy
For Long Positions (Validated Low Entries):
Target 1 : Previous validated high shown on chart (75% of position)
Target 2 : Next significant validated high or key resistance level (50% of remaining 25% = 12.5% of original position)
Target 3 : Extended targets using ZigZag structure analysis and trend context (remaining 12.5% of original position)
Management : Move stop loss to breakeven once first target (TP1) is executed
For Short Positions (Validated High Entries):
Target 1 : Previous validated low shown on chart (75% of position)
Target 2 : Next significant validated low or key support level (50% of remaining 25% = 12.5% of original position)
Target 3 : Extended targets using ZigZag structure analysis and trend context (remaining 12.5% of original position)
Management : Move stop loss to breakeven once first target (TP1) is executed
ZigZag Structure Trading Approach
Sideways Markets : Trade between validated highs and lows - buy at support, sell at resistance
Trending Markets : Use validated levels as pullback entry points in trend direction
Structure Breaks : Watch for breaks of significant validated levels to signal trend changes
Range Identification : Use consecutive validated highs and lows to identify trading ranges
Breakout Trading : Enter when price breaks beyond validated levels with strong momentum
Strength Rating Interpretation
Understanding the 0-100 Strength Score
The strength rating combines multiple factors:
Base Strength (25 points) : Fundamental pivot validation
Wave Events (12 points each) : Number and quality of wave events detected
Trend Context (5-10 points) : Alignment with overall trend direction
Structure Quality (3-8 points) : HH/HL/LH/LL structure strength
Sentiment Position (5-10 points) : Extreme sentiment readings
Momentum Context (5 points) : Momentum divergence confirmation
Strength Categories
90-100 : Exceptional strength - Highest probability setups
75-89 : Strong signal - High confidence trades
60-74 : Good signal - Solid trading opportunities
45-59 : Moderate signal - Use additional confirmation
30-44 : Weak signal - Proceed with caution
Below 30 : Very weak - Generally avoid
Wave Event Reference (Calculation Background)
Understanding Wave Events in Strength Calculations
Wave events are used internally by Market Sentiment A to calculate strength ratings and validate pivots. While these events may appear in alert messages or tooltips, they are not meant for direct trading decisions - they are calculation components that contribute to the overall strength score.
Key Wave Events (For Reference Only)
MPIV↑/MPIV↓ : Momentum pivot detection used in validation process
HTURN : Histogram turn identification used for wave completion
TRI↑/TRI↓ : Triangle pattern detection contributing to strength calculation
SW : Small wave indication affecting pivot quality assessment
VOL : Volume spike detection adding to strength scoring
MDIV↑/MDIV↓ : Momentum divergence contributing to validation strength
HDIV↑/HDIV↓ : Histogram divergence used in pivot confirmation
PDIV↑/PDIV↓ : Price divergence analysis for strength enhancement
How Wave Events Affect Your Trading
Strength Score Impact : More events generally result in higher strength ratings for validated pivots
Alert Context : Events may be mentioned in alerts to provide background on signal quality
Focus on Results : Instead of analyzing individual events, focus on the final strength rating and validated pivot levels
Trust the System : The indicator processes these events automatically - your job is to trade the validated highs and lows
Analysis Setups
Setup 1: Scalping Configuration (1-5 minute charts)
Core Settings:
ZigZag Speed: High (fastest detection for quick scalps)
Show Validated Pivots: ON
Show Strength Rating: ON
Bar Coloring: Market Sentiment
Visual Settings:
Label Size: Small (reduce visual clutter)
ZigZag Lines: ON
Potential Turns: ON (for immediate signals)
Trading Approach:
Focus on strength ratings above 70 for scalp entries
Quick entries at validated highs/lows with immediate execution
Tight stops just beyond validated levels
Target previous validated pivots shown on chart for quick profits
Use ZigZag structure to identify rapid reversal opportunities
Setup 2: Day Trading Configuration (5-15 minute charts)
Core Settings:
ZigZag Speed: Medium (balanced approach)
Show Validated Pivots: ON
Show Strength Rating: ON
Include Wave Events: ON (for context)
Visual Settings:
Label Size: Normal
Show Structure Labels: ON (for trend context)
ZigZag Lines: ON with trend coloring
Trading Approach:
Wait for strength ratings above 60 for quality setups
Use HH/HL/LH/LL structure labels for trend bias
Combine reversal trades at extremes with trend continuation at pullbacks
Hold positions targeting next validated pivot levels
Use ZigZag structure analysis for entry timing and market context
Setup 3: Swing Trading Configuration (1-4 hour charts)
Core Settings:
ZigZag Speed: Low (most reliable signals)
Show Validated Pivots: ON
Show Structure Labels: ON
Include Trend Analysis: ON
Visual Settings:
Label Size: Normal
Show all wave events for comprehensive analysis
Enable all alert types
Trading Approach:
Focus on strength ratings above 75 for swing positions
Emphasize trend continuation using ZigZag structure
Use validated level breaks for major position adjustments
Hold positions across multiple sessions targeting distant validated levels
Use comprehensive structure analysis (HH/HL/LH/LL) for entries/exits
Setup 4: Position Trading Configuration (4H-Daily charts)
Core Settings:
ZigZag Speed: Low (maximum reliability)
Show Validated Pivots: ON
Show Structure Labels: ON
Show all analysis features
Visual Settings:
Clean, comprehensive labeling
Full wave event display
Trend-based coloring for major bias
Trading Approach:
Only trade strength ratings above 80 for position entries
Focus on major ZigZag structure changes and validated level breaks
Use long-term structure analysis (HH/HL/LH/LL) for bias
Hold positions for weeks to months targeting major validated levels
Align with fundamental analysis and major market structure
Setup 5: Multi-Asset Analysis Configuration
For Forex Pairs:
Use Medium to Low speed settings
Focus on major session changes
Pay attention to news event correlation
Use strength ratings above 70
For Crypto Assets:
Medium speed for 24/7 market adaptation
Higher volatility requires strength above 75
Monitor weekend behavior patterns
Consider market sentiment cycles
For Stock Markets:
Align with market hours
Consider earnings and economic events
Use sector-specific analysis
Respect market close/open dynamics
Visual Components
Core Visual Elements
✓ Validated Pivots : Green checkmarks for confirmed lows, red for confirmed highs
● Potential Turns : Small dots showing histogram turn correlations (optional)
ZigZag Lines : Connecting validated extremes with trend-based coloring
💪 Strength Ratings : Numerical strength scores from 0-100
Structure Labels : HH/HL/LH/LL with trend context (optional)
Bar Coloring System
Market Sentiment Coloring : Based on sentiment oscillator position and momentum
Extreme Conditions : Special coloring for extreme overbought/oversold conditions
Momentum Swing Coloring : Alternative coloring based on momentum analysis
Advanced Visual Features
Wave Event Labels : Comprehensive event display within pivot labels
Trend Context : Dynamic trend identification and display
Strength Breakdown : Detailed tooltips showing strength components
Custom Coloring Modes : Standard vs trend-based coloring options
Alert System
Core Alert Types
Validated High Confirmed : When red wave validates ultimate high with full context
Validated Low Confirmed : When green wave validates ultimate low with full context
Trend Change Detected : When structure analysis detects trend shifts
Alert Message Structure
Each alert includes:
Timeframe identification
Signal type (BULLISH/BEARISH)
Structure context (HH/HL/LH/LL)
Strength score with 💪 rating
Exact price level
Wave events context (if enabled)
Setting Up Alerts
Enable desired alert types in indicator settings
Focus on "Confirmed Extremes" alerts for quality
Enable wave events for comprehensive context
Test alerts on historical data first
Set up multiple notification methods
Risk Management Framework
Strength-Based Position Sizing
Strength 90-100 : Maximum position size (3-5% risk)
Strength 75-89 : Large position size (2-3% risk)
Strength 60-74 : Standard position size (1-2% risk)
Strength 45-59 : Small position size (0.5-1% risk)
Below 45 : Avoid or minimal size (0.25% risk maximum)
Stop Loss Guidelines
Primary Method : Always use validated pivot levels for stops
Buffer Method : Add small buffer beyond validation level
Multiple Timeframe : Consider higher timeframe validated levels
Wave Event Context : Adjust stops based on event confluence
Risk-Reward Optimization
Minimum R:R : 1.5:1 for all trades
Preferred R:R : 2:1 or better for strength above 70
Exceptional Setups : 3:1+ for strength above 85
Position Management : Take 75% at TP1, 50% of remaining at TP2, close remaining at TP3
Stop Management : Move stop to breakeven after TP1 execution
Best Practices
Signal Quality Assessment
Always wait for validated pivots with ✓ checkmarks displayed on chart
Prioritize strength ratings above 60 for trade quality
Focus on the validated high/low levels rather than underlying calculations
Consider HH/HL/LH/LL structure labels for directional bias
Use ZigZag line connections to understand market structure flow
Entry Timing Optimization
Enter on validation bar or immediate pullback to validated level
Use lower timeframes for precise entry refinement around validated levels
Wait for strength score calculation completion before entry
Monitor price action around validated highs and lows
Consider multiple timeframe validated level alignment
Exit Strategy Management
Use opposite validated pivots displayed on chart as primary targets
Execute Fundur 3-stage exit: 75% at TP1, 12.5% at TP2, 12.5% at TP3
Move stop loss to breakeven immediately after TP1 execution
Monitor strength ratings of new validated levels that could reverse remaining position
Watch for structure changes (trend breaks) via HH/HL/LH/LL labels for early exit consideration
Common Mistakes to Avoid
Signal Interpretation Errors
Don't trade potential turns without ✓ validation markers
Never ignore strength ratings below 45 - they indicate weak signals
Don't chase signals after significant movement away from validated levels
Avoid overriding clear ZigZag structure and trend context
Don't ignore the relationship between consecutive validated highs and lows
Risk Management Failures
Never risk more than the strength score suggests for position sizing
Don't move stops against validated levels - they represent key structure
Avoid oversizing on "sure thing" setups - even high-strength signals can fail
Don't ignore multiple timeframe validated level context
Never trade without clear invalidation levels (validated highs/lows for stops)
System Usage Mistakes
Don't enable all features immediately - start simple
Avoid changing speed settings mid-session
Don't ignore alert system capabilities
Never disable core validation features
Don't overlook customization for your chart setup
Advanced Techniques
Multi-Timeframe ZigZag Analysis
Use higher timeframe validated levels for major bias and targets
Align lower timeframe entries with higher timeframe validated structure
Look for validated level confluence across timeframes
Monitor strength rating consistency of validated levels across periods
Advanced Structure Pattern Recognition
Identify recurring validated level patterns and their outcomes
Recognize high-probability ZigZag structure sequences
Use historical validated level patterns for target projection
Combine ZigZag analysis with other Fundur technical analysis tools
Advanced Alert Utilization
Create custom alert combinations based on strength thresholds
Use validated level break alerts for position management
Combine strength rating filters with validated pivot alerts
Develop systematic responses to different validated level types
Conclusion
The Fundur - Market Sentiment A indicator represents a breakthrough in technical analysis, providing a dynamic ZigZag system that displays validated highs and lows with unprecedented accuracy. By following the methodologies outlined in this guide and adapting the settings to your trading style, you can harness the full power of this sophisticated system for more precise and profitable trading decisions.
The key to success with Market Sentiment A lies in understanding that it is fundamentally a dynamic support and resistance system. Focus on the validated highs and lows displayed on your chart, use the strength ratings to assess signal quality, and leverage the structure analysis for trend context. Start with conservative settings, focus on high-strength signals, and gradually incorporate advanced features as you become familiar with the system's behavior across different market conditions.
Remember that this indicator provides the tools for identification and analysis - successful trading still requires proper risk management, psychological discipline, and continuous learning. Use the strength rating system as your primary guide, respect the validated pivot methodology, and always prioritize capital preservation over profit maximization.
Institutional HeatmapHeatmap Range - Volume Profile Visualization Indicator
What This Indicator Does
The Heatmap Range indicator provides a sophisticated volume profile visualization that displays price levels with the highest trading activity using color-coded heatmaps directly on your chart. Unlike traditional volume indicators, this tool shows WHERE the most significant trading occurred within specific price ranges over a customizable lookback period.
Advanced Volume Analysis
Volume-Weighted Price Levels: Calculates and displays up to 20 price levels based on actual trading volume
Customizable Time Period: Analyze volume distribution over 10-500 bars (default: 180 bars)
Smart Bin Sizing: Adjustable pip range (0.1-50 pips) for precise level identification
Peak Detection: Automatically identifies and centers display around highest volume areas
Visual Customization
3 Color Patterns:
Inverted Heat (Orange to Dark Red)
Inverted Cool (Orange to Dark Blue)
Inverted Purple (Light Pink to Dark Purple)
Transparency Control: 0-95% transparency for optimal chart readability
Adaptive Display: Shows most relevant levels centered around peak volume
Multi-Asset Support
Forex Pairs (EUR/USD, GBP/USD, etc.)
Precious Metals (Gold/XAUUSD, Silver/XAGUSD)
Futures (NQ, ES, YM, etc.)
Cryptocurrencies
Stock Indices
Customizable Parameters
Histogram Period (10-500, Default: 180) Bars to analyze for volume distribution
Bin Range (0.1-50 pips, Default: 5.0) Price range for each volume level
Color Pattern (1-3, Default: 1) Visual color scheme selection
Average Volume Period (10-200, Default: 100) Period for volume normalization
Max Display Levels (5-20, Default: 20) Maximum price levels to show
Transparency (0-95%, Default: 50%) Opacity of heatmap display
How to Use
For Day Traders
Identify key support/resistance levels based on actual volume
Spot high-probability reversal zones
Plan entries/exits around significant volume levels
For Swing Traders
Analyze longer-term volume distribution patterns
Identify major accumulation/distribution zones
Confirm breakout levels with volume validation
For Scalpers
Quick identification of intraday volume hotspots
Real-time volume level updates
Precise entry/exit timing around volume clusters
Visual Interpretation
Darker Colors: Higher volume concentration (stronger levels)
Lighter Colors: Lower volume concentration
Color Intensity: Directly correlates to volume strength at that price level
Level Positioning: Automatically centers around peak volume areas
Technical Specifications
Pine Script Version: v5
Chart Overlay: Yes
Max Bars Back: 1000
Performance Optimized: Limited to 200 bins for smooth operation
Real-time Updates: Dynamic calculation on each bar close
Getting Started
Add to Chart: Apply indicator to any supported timeframe
Adjust Period: Set histogram period based on your trading style
Choose Colors: Select color pattern that suits your chart theme
Fine-tune Levels: Adjust bin range and max levels for optimal display
Set Transparency: Balance visibility with chart clarity
Important Notes
Minimum Data Requirement: Needs at least 10 bars of history to function
Performance: Higher periods and smaller bin ranges require more processing
Volume Dependency: Most effective on instruments with consistent volume data
Timeframe Agnostic: Works on all timeframes from 1-minute to monthly
Status Information
The indicator includes a real-time information table showing:
Current settings (Period, Bin Range, Color Pattern, Transparency)
Indicator status (Active/Loading)
Disclaimer: This indicator is for educational and informational purposes only. Past performance does not guarantee future results. Always conduct your own analysis and risk management before making trading decisions.
Compatible with TradingView's Pine Script v5 | Optimized for all market conditions | Professional-grade volume analysis
First Round Break TrackerA simple indicator that tracks the first-time breakouts of round number levels (psychological levels) on any chart. Clean interface with minimal configuration needed
First Breakout Only : Marks each round level only once when broken for the first time
Customizable Step Size : Adjustable round number intervals (e.g., 100, 1000, 10000 etc.)
Clean Visual Alerts : Green labels with "FIRST:" prefix appear exactly at breakout moments
Real-time Info Panel : Shows current price, next target level, and total breakouts count
TCT - Envelope MatrixTCT - Envelope Matrix
A powerful multi-envelope indicator that creates a comprehensive price channel system with 4 customizable envelopes and multiple intermediate levels for precise price action analysis.
Key Features:
• 4 customizable envelopes with adjustable percentages (0.2%, 0.4%, 0.6%, 0.8% by default)
• Optional EMA or SMA basis calculation
• Color-coded bands for easy visual identification
• Automatic horizontal lines showing current band values
• Midpoint lines between adjacent bands
• Additional 25%, 50%, and 75% levels between each band pair
The indicator provides:
- Clear visual representation of price channels
- Multiple support and resistance levels
- Dynamic price boundaries that adapt to market conditions
- Enhanced precision with intermediate levels between bands
Perfect for:
• Identifying potential support and resistance zones
• Spotting overbought/oversold conditions
• Finding potential reversal points
• Analyzing price volatility and channel width
• Making informed trading decisions based on price position relative to multiple bands
Customization Options:
• Adjustable length for the basis calculation
• Choice between EMA and SMA
• Customizable colors for each envelope
• Flexible percentage settings for each band
• Optional basis line color adjustment
This indicator is particularly useful for traders who want to analyze price action within multiple dynamic channels and identify potential trading opportunities based on price interactions with various support and resistance levels.
MTF Round Level Reversal [RunRox]🧲 MTF Round Level Reversal is an indicator designed to highlight price levels on the chart where the market encountered significant resistance or support at round numbers, failing to break through large clusters of orders.
In many cases, price revisits these round-number levels to absorb the remaining liquidity, offering potential reversal or continuation trade opportunities.
✏️ EXAMPLE
Here’s an example demonstrating how this indicator works and how its logic is structured:
As shown in the screenshot above, price encountered resistance at round-number levels, clearly reacting off these areas.
Afterward, the market pulled back, presenting opportunities to enter trades targeting these previously established open levels.
This logic is based on the observation that price often seeks to revisit these open round-number levels due to the residual liquidity resting there.
While effective across various markets, this indicator performs particularly well with stocks or assets priced at higher values.
For a level to appear on the chart, price must first encounter a round-number value and clearly reverse from it, leaving a visible reaction on the chart. After this occurs, the indicator will mark this level as fully formed and display it as an active reversal area.
⚙️ SETTINGS
🔷 Timeframe – Choose any timeframe from which you’d like the indicator to source level data.
🔷 Period – Defines the number of candles required on both sides (left and right) to confirm and fully form a level.
🔷 Rounding Level – Adjusts price rounding precision when detecting levels (from 0.0001 up to 5000).
🔷 Color – Customize the color and transparency of displayed levels.
🔷 Line Style – Select the desired line style for level visualization.
🔷 Label Size – Set the font size for the level labels displayed on the chart.
🔷 Move Label to the Right – Move level labels to the right side of the screen for better visibility.
🔷 Label Offset – Specifies how many bars labels should be offset from the chart’s right edge.
🔷 Delete Filled Level – Automatically removes levels from the chart after they’ve been revisited or filled.
🔷 Calculation Bars – Determines the number of recent bars considered when calculating and identifying levels.
🔶 There are numerous ways to apply this indicator in your trading strategy. You can look for trades targeting these round-number levels or identify reversal setups forming at these high-liquidity zones. The key insight is understanding that these levels represent significant liquidity areas, which price frequently revisits and retests.
We greatly appreciate your feedback and suggestions to further improve and enhance this indicator!
JaT - Max/Min Labels ProDescription:
The JaT - Max/Min Labels Pro is a powerful and customizable tool designed for traders who want clear, precise, and visually appealing identification of local price extremes. This indicator dynamically detects local maxima and minima based on user-defined sensitivity and displays their values as labels directly on the chart.
Key Features:
Dynamic Extremes Detection: Automatically identifies local highs and lows using a user-configurable lookback period and sensitivity setting.
Customizable Label Offset: Allows you to position labels further away from the bars for enhanced visibility.
Clear Visualization: Labels are color-coded for clarity:
Green for Highs: Transparent green text (50% opacity) displayed above the bar.
Red for Lows: Transparent red text (50% opacity) displayed below the bar.
Efficient Performance: Utilizes optimized Pine Script arrays to manage labels dynamically and avoid clutter.
User-Friendly: Simple configuration with adjustable parameters for lookback period, sensitivity, and label offset.
Parameters:
Lookback Period: Defines the range of bars to analyze for extremes.
Sensitivity: Adjusts the smoothing level for extreme detection using a moving average.
Label Offset: Controls the vertical distance of labels from the bar, ensuring they are easy to read without overlapping.
Who is it for?
This indicator is ideal for traders who rely on technical analysis to spot potential reversal points, breakout levels, or key support/resistance zones. Whether you're a day trader, swing trader, or long-term investor, the JaT - Max/Min Labels Pro provides an elegant and practical solution for enhancing your charting workflow.
How to Use:
Add the indicator to your chart.
Configure the settings to suit your trading style:
Adjust the Lookback Period to define how far back the indicator analyzes.
Set the Sensitivity to control how frequently highs and lows are detected.
Use the Label Offset to adjust label placement for better visibility.
Observe the dynamically generated labels highlighting price extremes.
Feel free to tweak or expand this description if you'd like to emphasize other features or include additional instructions. Let me know if there's anything else you'd like to add or adjust! 😊
Support & Resistance[VTA]Description:
This indicator uses pivot points to draw support and resistance for you in different timeframes.
It also shows you the decrease in the increase of the currency compared to the resistance and support line, and you can see the end of the failures by the label.
Manufacturer:
This indicator was designed and developed by the VTA team.
