OPEN-SOURCE SCRIPT
Updated Multi MA with Vector Candles, FVG, Key Levels
This all-in-one indicator combines Vector Candles, Moving Averages, Key Levels, and Fair Value Gaps into a single, clean chart overlay. It is designed to help traders identify momentum, trend direction, and important price levels without cluttering the screen.
Key Features:
1. Vector Candles (Volume)
Color-coded candles based on volume and spread analysis.
Helps identify high-volume institutional moves (Green/Red) vs. normal market activity (Gray).
2. Moving Averages (MAs)
Includes 4 customizable Moving Averages (EMA, SMA, TEMA).
Features fixed labels at the end of the lines for easy identification of trend direction.
3. Key Levels & Sessions
Automatically plots essential support and resistance levels.
Includes Session Highs/Lows (Asia, London, New York), Daily Opens, and Weekly/Monthly Highs/Lows.
4. Fair Value Gaps (FVG)
Automatically highlights bullish and bearish imbalances.
Smart Cleanup: FVG boxes are automatically removed from the chart once the price touches (mitigates) them, keeping your view clean.
Key Features:
1. Vector Candles (Volume)
Color-coded candles based on volume and spread analysis.
Helps identify high-volume institutional moves (Green/Red) vs. normal market activity (Gray).
2. Moving Averages (MAs)
Includes 4 customizable Moving Averages (EMA, SMA, TEMA).
Features fixed labels at the end of the lines for easy identification of trend direction.
3. Key Levels & Sessions
Automatically plots essential support and resistance levels.
Includes Session Highs/Lows (Asia, London, New York), Daily Opens, and Weekly/Monthly Highs/Lows.
4. Fair Value Gaps (FVG)
Automatically highlights bullish and bearish imbalances.
Smart Cleanup: FVG boxes are automatically removed from the chart once the price touches (mitigates) them, keeping your view clean.
Release Notes
A comprehensive all-in-one trading toolkit that combines volume-based Vector Candles, essential Trend EMAs, institutional Key Levels (Odegos), and Smart Money Concepts (FVG & Order Blocks) into a single, clean indicator.Detailed Description:
This indicator is designed to declutter your chart while providing all the critical data needed for professional price action trading. It integrates four powerful components:
1.Vector Candles (Volume Analysis)
Identifies candles with anomalous volume to reveal institutional activity and potential reversals.
Color Coding: Distinguishes between extreme volume (200%), high volume (150%), and normal volume.
Benefit: Helps distinguish "fake moves" and traps from genuine breakouts.
2. Trend System (EMAs)
Displays four Exponential Moving Averages (EMAs) for immediate trend identification and dynamic support/resistance. (also SMA/TEMA Support)
Settings: 21, 50, 200, and 800 EMA.
Visualization: Labels are offset by +5 bars to the right to keep the current price action visible and unobstructed.
3. Key Levels & Sessions
Automatically plots significant price levels and time windows.
Sessions: Highs & Lows for Asia, London, and New York sessions.
Structure: Previous Day High/Low (PDH/PDL), Weekly & Monthly Highs/Lows, and All-Time High (ATH).
Mid-Ranges: Automatic 50% equilibrium levels for the previous day, week, and month.
Market Opens: Displays Daily Open, Weekly Open, and the 00:00 (NY Midnight) Open price.
Visuals: Includes Day of Week labels (Monday, Tuesday...) and dashed vertical day separators.
4. Smart Money Concepts (SMC)
Fair Value Gaps (FVG): Highlights bullish and bearish imbalances. Mitigated/filled FVGs are automatically removed to keep the chart clean.
Order Blocks: An advanced algorithm (ProjectSyndicate based) that detects valid Order Blocks based on swing points and strong momentum (displacement). Includes an info panel showing the session and age of the block.
Release Notes
Changed EMA LebalsOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.