Liquidity Trap Zones [PhenLabs]📊 Liquidity Trap Zones
Version: PineScript™ v6
📌 Description
The goal of the Liquidity Trap Zones indicator is to try and help traders identify areas where market liquidity appears abundant but is actually thin or artificial, helping traders avoid potential fake outs and false breakouts. This advanced indicator analyzes the relationship between price wicks and volume to detect “mirage” zones where large price movements occur on low volume, indicating potential liquidity traps.
By highlighting these deceptive zones on your charts, the indicator helps traders recognize where institutional players might be creating artificial liquidity to trap retail traders. This enables more informed decision-making and better risk management when approaching key price levels.
🚀 Points of Innovation
Mirage Score Algorithm: Proprietary calculation that normalizes wick size relative to volume and average bar size
Dynamic Zone Creation: Automatically generates gradient-filled zones at trap locations with ATR-based sizing
Intelligent Zone Management: Maintains clean charts by limiting displayed zones and auto-updating existing ones
Scale-Invariant Design: Works across all assets and timeframes with intelligent normalization
Real-Time Detection: Identifies trap zones as they form, not after the fact
Volume-Adjusted Analysis: Incorporates tick volume when available for more accurate detection
🔧 Core Components
Mirage Score Calculator: Analyzes the ratio of price wicks to volume, normalized by average bar size
ATR-Based Filter: Ensures only significant price movements are considered for trap zone creation
EMA Smoothing: Reduces noise in the mirage score for clearer signals
Gradient Zone Renderer: Creates visually distinct zones with multiple opacity levels for better visibility
🔥 Key Features
Real-Time Trap Detection: Identifies liquidity mirages as they develop during live trading
Dynamic Zone Sizing: Adjusts zone height based on current market volatility (ATR)
Smart Zone Management: Automatically maintains a clean chart by limiting the number of displayed zones
Customizable Sensitivity: Fine-tune detection parameters for different market conditions
Visual Clarity: Gradient-filled zones with distinct borders for easy identification
Status Line Display: Shows current mirage score and threshold for quick reference
🎨 Visualization
Gradient Trap Zones: Purple gradient boxes with darker centers indicating trap strength
Mirage Score Line: Orange line in status area showing current liquidity quality
Threshold Reference: Gray line showing your configured detection threshold
Extended Zone Display: Zones automatically extend forward as new bars form
📖 Usage Guidelines
Detection Settings
Smoothing Length (EMA) - Default: 10 - Range: 1-50 - Description: Controls responsiveness of mirage score. Lower values make detection more sensitive to recent price action
Mirage Threshold - Default: 5.0 - Range: 0.1-20.0 - Description: Score above this level triggers trap zone creation. Higher values reduce false positives but may miss subtle traps
Filter Settings
ATR Length for Range Filter - Default: 14 - Range: 1-50 - Description: Period for volatility calculation. Standard 14 works well for most timeframes
ATR Multiplier - Default: 1.0 - Range: 0.0-5.0 - Description: Minimum bar range as multiple of ATR. Higher values filter out smaller moves
Display Settings
Zone Height Multiplier - Default: 0.5 - Range: 0.1-2.0 - Description: Controls trap zone height relative to ATR. Adjust for visual preference
Max Trap Zones - Default: 5 - Range: 1-20 - Description: Maximum zones displayed before oldest are removed. Balance clarity vs. history
✅ Best Use Cases
Identifying potential fakeout levels before entering trades
Confirming support/resistance quality by checking for liquidity traps
Avoiding stop-loss placement in trap zones where sweeps are likely
Timing entries after trap zones are cleared
Scalping opportunities when price approaches known trap zones
⚠️ Limitations
Requires volume data - less effective on instruments without reliable volume
May generate false signals during news events or genuine volume spikes
Not a standalone system - combine with price action and other indicators
Zone creation is based on historical data - future price behavior not guaranteed
💡 What Makes This Unique
First indicator to specifically target liquidity mirages using wick-to-volume analysis
Proprietary normalization ensures consistent performance across all markets
Visual gradient design makes trap zones immediately recognizable
Combines multiple volatility and volume metrics for robust detection
🔬 How It Works
1. Wick Analysis: Calculates upper and lower wicks for each bar. Normalizes by average bar size to ensure scale independence
2. Mirage Score Calculation: Divides total wick size by volume to identify thin liquidity. Applies EMA smoothing to reduce noise. Scales result for optimal visibility
3. Zone Creation: Triggers when smoothed score crosses threshold. Creates gradient boxes centered on trap bar. Sizes zones based on current ATR for market-appropriate scaling
💡 Note: Liquidity Trap Zones works best when combined with traditional support/resistance analysis and volume profile indicators. The zones highlight areas of deceptive liquidity but should not be the sole factor in trading decisions. Always use proper risk management and confirm signals with price action.
Volatilidade
Gabriel's Weibull Stdv. SuperTrend📈 Gabriel's Weibull Stdv. SuperTrend
Description:
Gabriel’s Weibull Stdv. SuperTrend is a custom trend-following indicator that blends the statistical rigor of the Weibull Moving Average with the adaptive nature of the Standard Deviation-based SuperTrend.
This hybrid system dynamically adjusts its trend bands using a Weibull-weighted average, emphasizing more recent price action while allowing the curve to flexibly adapt based on two key Weibull parameters: Shape (k) and Scale (λ). The bands themselves are shifted by a multiple of standard deviation, offering a volatility-sensitive approach to trend detection.
🔧 Key Components:
Weibull Moving Average (WMA):
A smoothing function that assigns weights to historical prices using the Weibull distribution, controlled via Shape and Scale parameters.
SuperTrend Logic with Adaptive Bands:
Standard deviation is calculated over a user-defined length and scaled with a factor to set upper and lower thresholds around the WMA.
Trend Direction Detection:
The algorithm identifies bullish or bearish states based on crossover logic relative to the dynamic bands.
Visual Enhancements:
Bright green/red lines for SuperTrend direction.
Midpoint overlay and color-coded candles for clarity.
Filled zones between price and trend for visual emphasis.
⚙️ User Inputs:
Source: Price data to analyze (default: close).
Stdv. Length: Period for calculating standard deviation.
Factor: Multiplier to widen or narrow the SuperTrend bands.
Window Length: Lookback period for the Weibull MA.
Shape (k): Controls the skewness of the Weibull distribution.
Scale (λ): Stretches or compresses the weighting curve.
🔔 Alerts:
Long Entry Alert: Triggered when the trend flips bullish.
Short Entry Alert: Triggered when the trend flips bearish.
🧠 Use Cases:
Catch early reversals using custom-tailored smoothing.
Identify high-confidence trend shifts with dynamic volatility.
Combine with other confirmation indicators for enhanced entries.
Student-t Weighted Acceleration & Velocity⚙️ Student-t Weighted Acceleration & Velocity
Author: © GabrielAmadeusLau
Category: Momentum, Smoothing, Divergence Detection
🔍 Overview
Student-t Weighted Acceleration & Velocity is a precision-engineered momentum indicator designed to analyze the rate of price change (velocity) and rate of change of velocity (acceleration). It leverages Student-t weighted smoothing, bandpass filtering, and divergence detection to reveal underlying momentum trends, shifts, and potential reversals with high sensitivity and low noise.
🧠 Key Features
🌀 1. Student-t Weighted Moving Average
Applies Student-t distribution weights to price data.
Controlled by:
ν (Degrees of Freedom): Lower ν increases weight on recent data, improving sensitivity to fast-moving markets.
Window Length: Sets the lookback period for weighted averaging.
🚀 2. Velocity & Acceleration Calculation
Velocity: Measures how fast price is moving over time.
Acceleration: Measures the change in velocity, revealing turning points.
Both are calculated via:
Butterworth High-pass Filter
Super Smoother Low-pass Filter
Fast Root Mean Square (RMS) normalization
Optionally smoothed using a Super Smoother EMA.
🎯 3. Signal Conditions
Strong Up: When smoothed velocity crosses above the overbought threshold and acceleration is positive.
Strong Down: When smoothed velocity crosses below the oversold threshold and acceleration is negative.
Visual cues:
Green & red triangle shapes for signals.
Colored histogram & column plots.
Optional bar coloring based on A/V behavior.
🔎 4. Divergence Detection Engine
Built-in multi-timeframe divergence system with:
Bullish/Bearish Regular Divergence
Bullish/Bearish Hidden Divergence
Customizable settings:
Pivot detection, confirmation logic, lookback limits.
Heikin Ashi mode for smoothed divergence detection.
Configurable line style, width, and color.
Visual plots of divergence lines on price chart.
⚙️ Custom Inputs
A/V Calculation Parameters:
Lookback period, filter lengths (Butterworth, Super Smoother, RMS), EMA smoothing.
Divergence Settings:
Enable/disable confirmation, show last divergence only.
Adjustable pivot period and max lookback bars.
Heikin Ashi Mode:
Option to use Heikin Ashi candles for divergence detection only (without switching chart type).
Thresholds:
Overbought/Oversold Sigma levels for strong signal detection.
🔔 Alerts Included
Strong Up Alert: Momentum and acceleration aligned bullishly.
Strong Down Alert: Momentum and acceleration aligned bearishly.
All Divergence Types:
Bullish/Bearish Regular Divergence
Bullish/Bearish Hidden Divergence
Aggregated Divergence Alerts
📌 Use Cases
Spot momentum bursts and reversals with confirmation from both velocity and acceleration.
Identify divergence-based signals for early entries/exits.
Apply across multiple timeframes or pair with other trend filters.
TMAD Algo Supply DemandThis Pine Script identifies supply and demand zones using volume profile analysis between pivot points or a fixed look-back period. It dynamically highlights these zones with color-coded boxes based on whether price is currently above (bullish) or below (bearish) each zone.
BB-Model Inspired Absolute Strength Index📊 BB-Model Inspired Absolute Strength Index (ASI)
Author: © GabrielAmadeusLau
Category: Momentum Oscillator / Adaptive Model / Divergence Tool
🔍 Overview
The BB-Model Inspired ASI is an advanced oscillator that combines a novel BB-model weighted moving average with percentile-based return normalization to quantify absolute market strength. This hybrid design allows the indicator to adapt dynamically to volume, volatility, and price structure, while detecting divergences and extremes with high sensitivity.
🧠 Key Concepts
🧩 1. BB-Model Weighting Engine
Each price in the lookback period is weighted by:
Fitness: Either Volume or ATR.
Decay: An exponential penalty applied to older data.
This results in a context-aware moving average that prioritizes impactful recent bars while ignoring stale noise.
📈 2. Absolute Strength Index Calculation
Computes returns from the BB-weighted price history.
Sorts returns and identifies thresholds for:
Top Percentile (Winners) – Strong upside moves.
Bottom Percentile (Losers) – Strong downside moves.
The current return is normalized within this dynamic range, scaled to , producing the ASI oscillator.
🧰 3. Signal Line & MA Smoothing
Select from SMA, EMA, WMA, RMA, or HMA to smooth the ASI signal.
Fully customizable length and styling.
🔄 4. Divergence Detection (Optional)
Detects bullish and bearish divergences between ASI and price using pivot highs/lows.
Highly customizable:
Adjustable lookback window.
Optional Heikin-Ashi integration.
Color-coded plots and labels.
Alerts for divergence events.
⚙️ Inputs Summary
Parameter Description
Fitness Source Volume or ATR
Decay Factor Penalty on older bars
Returns Lookback How many bars to calculate return distribution
Percentile Thresholds Set overbought and oversold bands dynamically
MA Type & Length Control signal smoothing
Divergence Settings Toggle divergence logic and sensitivity
📌 Use Cases
Detect when absolute directional strength is reaching exhaustion.
Spot early signs of bullish or bearish divergences between momentum and price.
Filter signals by volume or volatility importance using BB-model weighting.
Use in combination with trend filters for precision entries/exits.
IST TimezoneTime zone :
1. Editable start/end hours for both timezones in IST.
2. Toggle second session on/off (enableSecondSession).
3. Slightly different grey tone (silver) for second session
4. Automatically respects TradingView's bar-by-bar time in IST.
5. Alert for time season start and end
Ultimate ATR ProUltimate ATR Pro - Professional Volatility Analysis Tool
Unlock Market Turning Points with Precision Volatility Analysis
Key Features
1. Advanced ATR Calculation Engine
4 MA Types: RMA (Wilder's), SMA, EMA, WMA
Customizable Period: Adjust ATR length (default: 14)
Multi-Timeframe Compatible: Works on all chart intervals
2. Smart Volatility Extremum Detection
Low Volatility Signals: Identifies ATR contraction periods
High Volatility Signals: Detects ATR expansion phases
Custom Lookback Period: Set detection window (10-500 bars)
3. Professional Divergence System
Bullish Divergence: Price ↑ while ATR ↓ (trend continuation signal)
Bearish Divergence: Price ↓ while ATR ↑ (trend acceleration signal)
Visual Connection Lines: Dotted lines highlight price-ATR relationships
4. Visual Extreme Value Lines (NEW!)
Lowest ATR Line: Customizable dotted line showing minimum volatility level
Highest ATR Line: Customizable dotted line marking maximum volatility level
Dynamic Positioning: Auto-updates with each new bar
5. Complete Customization System
Full Color Control:
Signal markers (low/high volatility)
Divergence labels
ATR line
Extreme value lines
Background highlights
Toggle Features: Enable/disable any visual element
6. Intelligent Alert System
Dual Alert Types:
Volatility Extremes (Low/High ATR)
Divergence Signals (Bullish/Bearish)
Smart Cooldown: Prevent alert fatigue with adjustable cooldown period
Visual Alert Tags: Color-coded notifications at chart top
7. Professional Dashboard
Real-time status monitoring:
Current volatility state
Cooldown timers
Extreme ATR values
Divergence detection status
Color-coded for instant recognition
How Traders Benefit
Strategic Applications
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| SIGNAL | MARKET CONDITION | TRADING IMPLICATION |
|-----------------------|---------------------------|------------------------------------|
| Low Volatility | Contraction/Consolidation | Prepare for breakout strategies |
| High Volatility | Expansion/Climax | Watch for reversals or pauses |
| Bullish Divergence | Price↑ ATR↓ | Trend continuation opportunity |
| Bearish Divergence | Price↓ ATR↑ | Trend acceleration warning |
| Lowest ATR Line Break | Volatility breakout | Confirm directional movement |
Risk Management Tools
ATR-Based Position Sizing: Use extreme values to calculate optimal trade size
Dynamic Stop Loss: Adjust stops based on current volatility regime
Volatility Filtering: Avoid trading during uncertain high-volatility periods
Setup Recommendations
Parameter Guide
pine
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length: 14 // Standard ATR period
lookback: 50 // Optimal for swing trading
cooldownPeriod: 14// Balanced alert frequency
minLineColor: #00C853 // Bright green for low volatility
maxLineColor: #FF3D00 // Bright red for high volatility
Professional Configurations
Day Trading: Lookback=20-30, Cooldown=5-10
Swing Trading: Lookback=50-100, Cooldown=10-20
Position Trading: Lookback=100-200, Cooldown=20-50
Why Choose Ultimate ATR Pro?
"Transforms complex volatility analysis into clear, actionable visual cues - the essential tool for breakout traders and risk managers alike."
Install Now To:
Spot consolidation before big moves
Identify exhaustion at trend extremes
Automate volatility-based position sizing
Receive instant alerts at critical volatility turns
Gain professional-grade insights into market dynamics
Master market rhythms with the most advanced ATR analysis tool on TradingView!
Compatibility: Works flawlessly across stocks, forex, crypto, and commodities on all timeframes.
Version: 2.0 (Enhanced with Extreme Value Lines)
Category: Volatility Analysis | Risk Management | Professional Trading
DAO - Directional ATR OscillatorDAO - Directional ATR Oscillator. it combines trenddirection and strength by simply splitting the Average True Range in both directions over an oscilators zeroline with two MAs to make it easier to spot the overall trenddirection together with momentum and strength but it also works great for spotting divergences and possible trendreversals early. have fun with this everything indicator !
Squeeze with DojiThis script indicates Bollinger band squeeze into Keltner channels to identify the contraction of price and Doji candle formation, potentially leading up to the momentum expansion in price.
Add your preferable volume or price indicators on top of this volatility contraction indicator.
Feel free to use and share your feedback.
Fear Volatility Gate [by Oberlunar]The Fear Volatility Gate by Oberlunar is a filter designed to enhance operational prudence by leveraging volatility-based risk indices. Its architecture is grounded in the empirical observation that sudden shifts in implied volatility often precede instability across financial markets. By dynamically interpreting signals from globally recognized "fear indices", such as the VIX, the indicator aims to identify periods of elevated systemic uncertainty and, accordingly, restrict or flag potential trade entries.
The rationale behind the Fear Volatility Gate is rooted in the understanding that implied volatility represents a forward-looking estimate of market risk. When volatility indices rise sharply, it reflects increased demand for options and a broader perception of uncertainty. In such contexts, price movements can become less predictable, more erratic, and often decoupled from technical structures. Rather than relying on price alone, this filter provides an external perspective—derived from derivative markets—on whether current conditions justify caution.
The indicator operates in two primary modes: single-source and composite . In the single-source configuration, a user-defined volatility index is monitored individually. In composite mode, the filter can synthesize input from multiple indices simultaneously, offering a more comprehensive macro-risk assessment. The filtering logic is adaptable, allowing signals to be combined using inclusive (ANY), strict (ALL), or majority consensus logic. This allows the trader to tailor sensitivity based on the operational context or asset class.
The indices available for selection cover a broad spectrum of market sectors. In the equity domain, the filter supports the CBOE Volatility Index ( CBOE:VIX VIX) for the S&P 500, the Nasdaq-100 Volatility Index ( CBOE:VXN VXN), the Russell 2000 Volatility Index ( CBOEFTSE:RVX RVX), and the Dow Jones Volatility Index ( CBOE:VXD VXD). For commodities, it integrates the Crude Oil Volatility Index ( CBOE:OVX ), the Gold Volatility Index ( CBOE:GVZ ), and the Silver Volatility Index ( CBOE:VXSLV ). From the fixed income perspective, it includes the ICE Bank of America MOVE Index ( OKX:MOVEUSD ), the Volatility Index for the TLT ETF ( CBOE:VXTLT VXTLT), and the 5-Year Treasury Yield Index ( CBOE:FVX.P FVX). Within the cryptocurrency space, it incorporates the Bitcoin Volmex Implied Volatility Index ( VOLMEX:BVIV BVIV), the Ethereum Volmex Implied Volatility Index ( VOLMEX:EVIV EVIV), the Deribit Bitcoin Volatility Index ( DERIBIT:DVOL DVOL), and the Deribit Ethereum Volatility Index ( DERIBIT:ETHDVOL ETHDVOL). Additionally, the user may define a custom instrument for specialized tracking.
To determine whether market conditions are considered high-risk, the indicator supports three modes of evaluation.
The moving average cross mode compares a fast Hull Moving Average to a slower one, triggering a signal when short-term volatility exceeds long-term expectations.
The Z-score mode standardizes current volatility relative to historical mean and standard deviation, identifying significant deviations that may indicate abnormal market stress.
The percentile mode ranks the current value against a historical distribution, providing a relative perspective particularly useful when dealing with non-normal or skewed distributions.
When at least one selected index meets the condition defined by the chosen mode, and if the filtering logic confirms it, the indicator can mark the trading environment as “blocked”. This status is visually highlighted through background color changes and symbolic markers on the chart. An optional tabular interface provides detailed diagnostics, including raw values, fast-slow MA comparison, Z-scores, percentile levels, and binary risk status for each active index.
The Fear Volatility Gate is not a predictive tool in itself but rather a dynamic constraint layer that reinforces discipline under conditions of macro instability. It is particularly valuable when trading systems are exposed to highly leveraged or short-duration strategies, where market noise and sentiment can temporarily override structural price behavior. By synchronizing trading signals with volatility regimes, the filter promotes a more cautious, informed approach to decision-making.
This approach does not assume that all volatility spikes are harmful or that market corrections are imminent. Rather, it acknowledges that periods of elevated implied volatility statistically coincide with increased execution risk, slippage, and spread widening, all of which may erode the profitability of even the most technically accurate setups.
Therefore, the Fear Volatility Gate acts as a protective mechanism.
Oberlunar 👁️⭐
Keltner BandWidthThis script measures the bandwidth of Keltner Channels using the same formula as is typical for Bollinger Bandwidth - (Upper band - Lower Band)/Basis where basis is the 20 period moving average. In the case of Keltner Channels, the basis uses the exponential moving average and a 10-period Average True Range as the multiplier. My use case for the indicator is to compare Bollinger Bandwidth to three different KC parameters (multipliers of 1x, 1.5x and 2x) for the identification of squeeze conditions used in the Simpler Trading Squeeze Pro indicator.
🌀 STD-Torque Wave Map v1.0🔍 Overview
The STD-Torque Wave Map v1.0 is a multi-timeframe market pressure visualizer that uses the slope of standard deviation (STD) to measure torque—i.e., the acceleration or deceleration of volatility. By combining short, medium, and long-term torque across timeframes (1H, 4H, and 1D by default), this tool helps traders spot confluence zones of high energy. It also detects key signals from RSI divergence and volume spikes to confirm potential breakout or reversal moments.
⚙️ Inputs
Short-Term TF (1H): Select your short timeframe (e.g., 15m, 1H).
Mid-Term TF (4H): Select your medium timeframe.
Long-Term TF (1D): Choose a higher timeframe for macro alignment.
STD Length: Length used for calculating standard deviation.
RSI Length: Length for Relative Strength Index calculation.
Volume Smoothing: Period used to smooth volume for pressure analysis.
Torque Spike Threshold: Sensitivity threshold for torque spike detection.
📊 How to Use
Read the Torque Histograms:
Three color-coded histograms represent torque (slope of STD) at different timeframes:
🟩 Lime: Short-Term Torque
🟧 Orange: Mid-Term Torque
🟪 Purple: Long-Term Torque
Watch for Yellow Confluence Zones:
A yellow background signals that torque is spiking across all three timeframes — a strong confluence zone indicating possible momentum ignition.
Breakout Watch Labels:
A ⚡ red label appears on the main chart (top location) when:
All torque values exceed the threshold AND
Either an RSI divergence or a volume spike is detected.
This is your cue to monitor for explosive breakouts or fakeouts.
Use Alerts:
Set alerts for:
✅ Torque Confluence
✅ Torque + RSI Divergence
✅ Torque + Volume Spike
Get real-time heads-up when pressure is building beneath the surface.
🧠 Interpretation Tips
Torque is Pressure, Not Direction: This tool measures energy building in the market. Combine it with your directional bias, price action, or trend tools.
Ideal for Pre-Breakout Contexts: Use in sideways, low-volatility zones to anticipate the breakout direction using RSI or volume confirmation.
Great Add-On: Pairs well with structure-based tools (e.g., support/resistance, order blocks) or liquidity mapping indicators.
📌 Designed for active traders who want to visually map hidden energy across timeframes before it erupts on the chart.
Fractal Flow BandsFractal Flow Bands
A high-precision trend-following system combining HalfTrend logic with ALMA smoothing — built for clarity, speed, and smart alerts.
🔷 What is Fractal Flow Bands?
Fractal Flow Bands merges the best of both worlds:
HalfTrend for accurate trend detection
ALMA (Arnaud Legoux Moving Average) for smooth, low-lag confirmation
This unique synergy delivers clean, non-repainting Buy/Sell signals, filtering out market noise and keeping your chart crystal clear.
🔍 How It Works
Blue HalfTrend Line + Green ALMA Crossover → BUY
Red HalfTrend Line + Red ALMA Crossover → SELL
You get only ONE alert per trend change, eliminating spammy notifications. Perfect for swing traders, scalpers, and trend followers alike.
⚙️ Core Features
✅ Dual Confirmation Engine
ALMA must confirm HalfTrend — no single-line tricks here.
✅ One Alert per Trend Shift
Clean signals, no noise, no repeats.
✅ Visual Clarity
Color-coded trends. No channels, ribbons, or clutter.
✅ Customizable Settings
Tune HalfTrend amplitude and ALMA smoothness to your strategy.
🎯 Best For
Swing traders wanting confirmation before entries
Scalpers needing fast, accurate signal flow
Anyone who hates messy charts but loves sharp decisions
🛠 Settings Explained
Setting Description
HT Amplitude Controls HalfTrend sensitivity
ALMA Length / Offset / Sigma Adjusts the smoothness of ALMA
Source Choose price source (Close, Open, etc.)
Display Toggles Enable/disable arrows and ribbons
Colors Fully customizable trend color schemes
✅ Built-in Alerts — So you never miss a signal again.
⚡ Lag-free performance — Works on multiple timeframes.
📈 Real strategy-ready code — Not just another repainting overlay.
ATR: Тело % + Диапазоны и АномалииEssentially, this combined indicator is a powerful tool for:
Analyzing candlestick anatomy: Quickly understanding how much of a candlestick’s overall range is in its body, indicating the strength of buying or selling pressure versus uncertainty.
Volatility estimates: Understanding the typical pip range of bars, adjusted for the tick size of the instrument.
Identifying anomalies: Highlighting unusually small or large bar ranges that may signal changes in market momentum or significant events.
Average range filtering: Providing a clearer picture of average market volatility by excluding extreme outliers from the calculation.
This comprehensive approach can help traders make more informed decisions by gaining a deeper understanding of the nuances of price action and market volatility.
Random Signal w/ Volume & ATR Volatility + Multi TP TableRandom Signal Generator with Volume & ATR Volatility Filters + Multi-Level TP/SL Table
Description:
This innovative indicator generates random long and short signals, filtered by both above-average volume and market volatility (ATR/ATR_MA), to help you identify only the most meaningful trading opportunities in any market and timeframe.
It features an advanced, always-on chart table that calculates and displays the live stop loss (SL) and three take profit (TP1, TP2, TP3) levels for both long and short trades, based on user-configurable ATR multipliers. This setup is perfect for traders who want to test risk/reward scenarios, manage exits with precision, or prototype new signal logic in a robust, filter-driven environment.
Key Features:
Randomized Entry Logic: Simulates trading entries at randomized intervals, spacing, and probability—great for robust signal prototyping or Monte Carlo-style testing.
Volume & ATR Volatility Filters: Only produces signals during periods of high trading activity and meaningful price movement, eliminating false positives during quiet/choppy market conditions.
Configurable Multi-Level Exits: Table displays real-time SL, TP1, TP2, and TP3 price levels (all based on your ATR period/multipliers).
Fully Customizable: Easily adjust all filter thresholds, ATR multipliers, table position, and signal spacing via the indicator settings.
Visual Chart Integration: Plots clear buy/sell signals on the chart and maintains a bottom-right table for quick reference.
Alerts Supported: Instantly set alerts for long/short signals with all filters applied.
Best for:
Anyone testing multi-exit strategies
Quant/automated traders seeking “clean” market conditions for signal generation
Price action and reversal traders wanting fast TP/SL reference points
Users who want to combine randomness, strict market activity filters, and live risk management
Bollingr+supertrend Hybrid ProIntroducing the Bollinger & Supertrend Hybrid Pro — a powerful all-in-one trend-following and volatility mapping tool designed for modern traders in Forex, Indices, Commodities, Crypto, and Stocks.
How it works:
The indicator overlays classic Bollinger Bands to capture market volatility, squeeze breakouts, and dynamic support/resistance zones.
Integrated Supertrend logic highlights trend direction using ATR (Average True Range), making trend reversals clear and visually clean.
Automatic Buy & Sell signals appear when trend direction flips — helping you stay on the right side of momentum.
Dynamic background fill colors show uptrend and downtrend zones for quick chart scanning.
Customizable Inputs:
Adjust Bollinger Band length, deviation, and MA type (SMA, EMA, WMA, SMMA, VWMA).
Fine-tune Supertrend ATR period and factor to match your strategy style.
Labels and signals for clear on-chart alerts.
Ideal For:
Intraday, swing, and positional traders.
Beginners and advanced users looking for a clean hybrid trend system.
Valuation Z-ScoreValuation Z-Score
The "Valuation Z-Score" indicator is a custom Pine Script designed to assess the valuation of an asset, such as Bitcoin, by calculating a composite Z-Score based on multiple technical indicators and risk-adjusted performance metrics. It provides a visual representation of overbought and oversold conditions using a color-graded histogram and a short length smoothed moving average (SMA).
Key Features:
Z-Score Calculation:
Combines Z-Scores from indicators like RSI, MACD, Bollinger Bands, TSI, ROC, Momentum, CCI, Chande Momentum Oscillator, and additional metrics (Sharpe Ratio, Sortino Ratio, Omega Ratio) over customizable lookback periods.
Customizable Inputs:
Z-Score Lookback and Technical Valuation Lookback for Z-Score calculations.
Metrics Calc Lookback periods for risk-adjusted performance ratios.
Adjustable Upper and Lower Z-Score Thresholds (default ±2.0).
SMA Length and color bar toggle for plot customization.
Visualization:
A histogram displays the total Z-Score with a 5-color gradient (cyan for oversold, magenta for overbought) and dynamic transparency based on proximity to thresholds.
An SMA line/area overlays the histogram for trend smoothing.
Threshold lines (upper and lower) with adaptive transparency.
A label shows the current Z-Score value.
Optional background bar coloring based on SMA.
Usage:
The indicator helps identify potential overbought (above upper threshold) or oversold (below lower threshold) conditions.
The color gradient and SMA provide visual cues for trend strength and reversals.
Ideal for traders analyzing asset valuation over any timeframe.
Anderberg SignalsThis indicator is designed to provide clear and visual buy and sell signals based on RSI reversals, with a focus on identifying when buyers or sellers re-enter the market after extended moves. It works on all markets (stocks, crypto, forex) and is optimized for both day trading and swing trading.
How the Indicator Works (Concepts and Logic)
The indicator is built on the Relative Strength Index (RSI), one of the most widely used tools for measuring momentum and overbought/oversold market conditions.
When RSI reaches certain key levels (signaling potential exhaustion), the script begins monitoring price reactions and the return of buying or selling pressure. It’s not simply reacting to RSI crossing below 30 or above 70; instead, it looks for signs that price action is shifting – indicating a potential reversal.
This approach helps filter out many of the false signals that often occur with standard RSI setups, especially in trending markets.
Signal Display
Green signal on the chart = Buy: RSI has been in oversold territory, and buyers are starting to take control again.
Red signal = Sell: RSI has been overbought, and sellers begin stepping back in.
Signals are plotted directly on the chart for easy visual recognition.
Can be used as entry or exit signals depending on your strategy.
Usage & Strategy
Timeframes: Works on all timeframes – from 5-minute scalping to 1D/1W swing setups.
Markets: Suitable for all markets, including stocks, crypto, commodities, and forex.
Strategy: Ideal for traders who prefer reversals or momentum shifts near key support/resistance levels.
Live ATR vs EOD ATR (Colored Histogram + Alerts)This indicator compares real-time intraday volatility against yesterday's established volatility (EOD ATR) – a powerful benchmark most tools ignore. It answers: "Is today's price action more volatile than yesterday's range?"
🔑 Core Innovations:
EOD ATR Benchmark
Uses yesterday's Daily ATR (calculated at market close) as a reference point.
Unlike standard ATR (which updates intraday), this anchors volatility to a fixed, objective daily value.
Live Intraday Range Tracking
Dynamically measures today’s high-low range as the session progresses.
Resets automatically at each new trading day.
Intuitive Color-Coded Histogram
Blue: <50% of yesterday’s ATR (low volatility).
Yellow: 50-75% (building momentum).
Orange: 75-99% (approaching high volatility).
Red: ≥100% (today’s range EXCEEDED yesterday’s volatility).
Smart Threshold Alerts
Triggers once-per-day alerts at key milestones:
50%: Early volatility expansion signal.
75%: Momentum warning.
100%: Critical breakout/breakdown threshold.
Resets alerts daily to avoid duplicates.
💡 Why Traders Love It:
Anticipate Breakouts: Spot accelerating volatility before price makes large moves.
Contextualize Volatility: Know if today’s action is "normal" vs. abnormal relative to the prior session.
Day Trading Edge: Gauge exhaustion (e.g., red histogram) or accumulation (blue histogram).
⚙️ Inputs:
ATR Period: Adjust sensitivity (default: 14).
📊 Features:
Visual Threshold Lines: 50% (dotted), 75% (dashed), 100% (solid red).
Alerts: Customizable notifications for volatility milestones.
Pro Tip: Combine with price action! A red histogram + breakout above today’s high = high-probability trend confirmation.
🎯 Free for use on TradingView – feedback welcomed!
⚠️ Disclaimer: For educational purposes only. Trade at your own risk.
ATR HUDThis script displays the Average True Range value for your chart's timeframe and displays it in a small tidy table. ATR is a valuable indicator for position sizing, stop placement, profit expectancy and other trade planning considerations. With this script you can keep the current ATR value visible without taking up much precious window space. You can select your preferred smoothing method, lookback period, and window position in the settings. Enjoy!
PowerBar (Purple Dot) – Price & Volume Spike📌 Overview
This indicator is inspired by the well-known “Purple Dot” indicator popularized by Manas Arora, designed to help traders identify fast-moving stocks exhibiting strong price and volume momentum.
This indicator flags high-activity bars called "PowerBars" — bars where:
Rate of Change (ROC) is equal to or above a user-defined threshold (default 5%)
Volume is equal to or a user-defined threshold (default 500,000)
These bars are visually marked with purple dots and can serve as a signal of strength, interest, or volatility spike.
🔍 How It Works
The indicator:
Calculates bar-level conditions based on:
ROC >= Threshold (e.g., 5%)
Volume >= Threshold (e.g., 500,000)
Flags qualifying bars with a purple dot below the candle
Aggregates PowerBar count over selectable historical periods (1 week, 1M, 3M, 6M, 9M, 12M)
Displays total PowerBars and total return (%) over the selected time period in a clean visual table
🛠 Features
Purple Dot Plotting: Marks bars where price changes rapidly (based on a user-defined Rate of Change threshold) and where volume exceeds a set minimum, signaling potential momentum bursts.
Flexible Timeframes: Count PowerBars and calculate stock return over selectable lookback periods ranging from 1 week to 12 months, adaptable to various trading styles and markets.
PowerBar Count: Tracks and displays the number of PowerBars within the chosen period, helping quantify momentum frequency.
Return Calculation: Shows the percentage return over the selected time horizon, supporting performance validation.
Customizable Summary Table: On-chart table with dark/light themes, adjustable size, and position offers a clean overview of key metrics.
Dual Modes:
Chart Mode: Ideal for single-stock analysis with visual dot markers and performance stats.
PineScreener Mode: Outputs data suitable for PineScreener scanning.
⚙️ Parameters
ROC Threshold (%): Minimum bar-to-bar price change in percentage to signal a PowerBar (default 5%).
Volume Threshold: Minimum volume for a bar to qualify (default 500,000).
PowerBar and Return Periods: Choose from 1 week up to 12 months.
Visual Customization: Enable/disable purple dots, configure the summary table’s appearance, and select dark or light theme.
Mode Selection: Switch easily between Chart Mode and PineScreener Mode based on use case.
📬 Alerts
Set alerts for PowerBars (purple dots) to get notified when a strong price-volume bar appears.
NSE/BSE Straddle/Strangle Candle ChartStraddle Candlestick Strategy Indicator
This custom Pine Script indicator is designed to visualize the price action of options using a candlestick chart for Nifty, BankNifty, FINNIFTY, and Midcap indices. It combines Call and Put options for multiple strikes around the underlying asset, creating a detailed view of market movement in a straddle strategy.
Key Features:
Candlestick Visualization: The indicator plots candlestick charts based on the combined price action of both Call and Put options, helping traders analyze price trends for different strikes.
Multi-Strike Options Analysis: It dynamically calculates and plots strike prices above and below the At-the-Money (ATM) strike, offering a comprehensive look at potential price movement across various strike levels.
Customizable Inputs: Users can adjust the strike interval, choose between different index symbols, and customize the appearance of the indicator (e.g., font size, table layout, and color themes).
User-Friendly Dashboard: A clear, customizable dashboard presents the strike price data, along with essential candlestick details, to help users understand the overall market trends at a glance.
Use Case:
This indicator is ideal for traders using straddle strategies on NSE options. It gives users a clear and intuitive visual representation of price action around the ATM strike, helping traders make informed decisions based on the options' movement.
Notes:
The VWAP (Volume-Weighted Average Price) is included for added insight, allowing traders to identify market direction and trends more effectively.
Focused on candlestick price action analysis, without including unnecessary indicators like RSI, Supertrend, or MA.
Perfect for options traders seeking clarity in price movement for better trade execution.
IVT BB MagiquesBollinger Bands "Magic" with 2.8 / 160 length with locked timeframe as we use in our trading community!
Matrix bands by JaeheeMatrix Bands — by Jaehee
A multi-layered Bollinger Bands visualization tool that expands beyond conventional ±2σ levels.
This indicator displays 1σ, 1.618σ, 2σ, 2.618σ, and 3σ deviations from an EMA-based centerline, making extreme price zones immediately visible.
Key Features
EMA-based centerline for smoother mean reversion reference
5 pairs of deviation bands: ±1σ, ±1.618σ, ±2σ, ±2.618σ, ±3σ
Glow overlays enhance visual separation of outer zones
Designed for volatility profiling, compression detection, and extremity analysis
How to Use
Use the band layers to gauge volatility expansion and compression.
Extreme bands (2.618σ, 3σ) can highlight potential exhaustion zones, while tighter bands assist in consolidation recognition.
Visual-only tool
No signals, alerts, or automation
Lightweight, non-intrusive design