Ultimate Master Chief๐
MASTER CHIEF: COMMANDER
Welcome to the Master Chief: Commander system. This isn't just an indicator; it is a full Institutional Trading HUD designed to show you what the "Big Money" is doing in real-time. By aggregating volume flow, market structure, and momentum, it filters out the noise and leaves you with high-conviction trade setups.
๐ก๏ธ The Two Primary Engines
You have two distinct ways to receive signals, depending on your trading style:
SENTINEL Engine: This is your Momentum & Trend Follower. It uses the "Fusion Core" to calculate a score based on 9 different data points. When it fires, it means the entire market weight is shifting in one direction.
SPARTAN Engine: This is your Breakout & Box Hunter. It is specifically tuned to wait for price to consolidate inside the Darwin Windows and fire as soon as price escapes the range with volume.
๐ Understanding the Command Center (Dashboard)
The HUD at the bottom of your screen is your "Cheat Sheet." Here is how a subscriber uses it to gain an advantage:
SYNC %: This is the most important number. It tells you how many systems are in total agreement.
75% - 100%: Maximum conviction.
Below 50%: Do not touch the market; it is in "Chop" mode.
ANN REPORT (The Message Center): This gives you direct, plain-English instructions. It will tell you if you are in a "BEAR TRAP," a "KILL ZONE," or if "INSTITUTIONS" are aggressively buying.
RADAR & ENGINE BARS: * RADAR: Shows market compression (Squeezes). When this bar fills up, a massive price explosion is imminent.
ENGINE: Shows the "horsepower" behind the move. If the Engine is red but price is going up, itโs a fakeout.
๐ The Subscriber Advantage: What This Gives You
Using Master Chief gives you three specific advantages over retail traders:
Institutional Transparency: Through the Surgical Delta and CVD Meters, you can see if big banks are actually buying or if they are just "trapping" retail buyers before a reversal.
The "Gatekeeper" Filter: The Impulse Filter (RSI/EMA alignment) prevents you from "revenge trading" or entering against the primary trend. If the system is gray, you stay away.
Automatic Risk Management: Every signal comes with Target 1, Target 2, and Stop Loss levels calculated specifically for that barโs volatility (ATR). You never have to guess where to take profit.
๐ How to Use It (The Workflow)
Scan for Squeeze: Look for the RADAR bar to fill up (blue/orange).
Wait for Alignment: Watch for the Ann Report to turn green/red and show "Institutions + Execution Aligned."
Enter on Signal: Take the Sentinel or Spartan circle when it appears.
Manage: Move your stop to "Break Even" once Target 1 is hit.
Breadth Indicators
Minervini Trend Template - OVTLYRMinerVini + Value Zone + Order Block + OVTLYR Risk System
This script is a rules-based trade validation and risk management overlay designed to help traders objectively confirm trades before entry.
It is not a signal generator. It acts as a final decision filter to ensure trend alignment, proper price location, and correct risk sizing before taking a trade.
The system combines trend structure, market context, volatility, and options-specific criteria into a single checklist. All conditions must pass for a trade to be considered valid.
What this script checks:
Trend Confirmation
Price above SMA 50, 150, and 200
SMA 50 above SMA 150 above SMA 200
SMA 200 rising
Price above short-term trend averages
Market Location Filters
At least 25% above the 52-week low
Within 25% of the 52-week high
Value Zone confirmation
Order Block filter alignment
Volatility and Risk Control
ATR-based position sizing
Fixed risk percentage per trade
Automatic share and contract sizing
Prevents over-allocation during high volatility
Options-Specific Validation
Delta targeting for stock-like behavior
Extrinsic value verification
Bid/ask spread filter
Designed for long calls and stock-replacement strategies
Final Gatekeeper
Every rule must pass
One failed condition invalidates the trade
Removes emotion and hindsight bias
Who this is for:
Swing traders using trend and momentum systems
Options traders using long calls or stock replacement
Traders who size positions using ATR instead of intuition
Traders managing multi-strategy portfolios
How to use:
Use your own scan or signal to find candidates
Apply this script as the final validation layer
Only take trades that show โMeets Criteria: YESโ
Size positions strictly using the ATR-based output
Core philosophy:
Good trades can fail. Bad trades must be filtered out.
This script is designed to catch mistakes, enforce discipline, standardize execution, and protect capital first.
Sequential 9(Setup Count)- KoRCThis indicator is a simplified Sequential 9-count (Setup 9) tool inspired by widely known โsequential countingโ concepts. It detects potential exhaustion points by counting consecutive closes relative to the close 4 bars earlier:
Buy Setup (DIP): close < close for 9 consecutive bars (optional strict mode: <=)
Sell Setup (TOP): close > close for 9 consecutive bars (optional strict mode: >=)
Enhancements / Filters (optional):
Trend filter (default ON): uses EMA(200) as a macro trend filter and EMA(20) as a fast context filter.
Volatility filter (optional): ignores signals in low-volatility regimes using ATR% threshold.
Dedupe (default ON): prevents repeated signals within a short window (one-shot per swing concept).
Perfected highlight:
Signals are visually emphasized when a simple โperfectedโ condition is met (bar 8 or 9 extends beyond recent reference highs/lows), displayed with brighter colors.
How to use:
Use DIP/TOP labels as potential exhaustion alerts, not standalone trade signals. Combine with your own risk management and confirmation tools.
Disclaimer:
Not affiliated with or endorsed by any third-party. This script is provided for educational/visualization purposes only and does not constitute financial advice.
EL OJO DE DIOS - FINAL (ORDEN CORREGIDO)//@version=6
indicator("EL OJO DE DIOS - FINAL (ORDEN CORREGIDO)", overlay=true, max_boxes_count=500, max_lines_count=500, max_labels_count=500)
// --- 1. CONFIGURACIรN ---
grpEMA = "Medias Mรณviles"
inpShowEMA = input.bool(true, "Mostrar EMAs", group=grpEMA)
inpEMA21 = input.int(21, "EMA 21", minval=1, group=grpEMA)
inpEMA50 = input.int(50, "EMA 50", minval=1, group=grpEMA)
inpEMA200 = input.int(200, "EMA 200", minval=1, group=grpEMA)
grpStrategy = "Estrategia"
inpTrendTF = input.string("Current", "Timeframe Seรฑal", options= , group=grpStrategy)
inpADXFilter = input.bool(true, "Filtro ADX", group=grpStrategy)
inpADXPeriod = input.int(14, "Perรญodo ADX", group=grpStrategy)
inpADXLimit = input.int(20, "Lรญmite ADX", group=grpStrategy)
inpRR = input.float(2.0, "Riesgo:Beneficio", group=grpStrategy)
grpVisuals = "Visuales"
inpShowPrevDay = input.bool(true, "Mรกx/Mรญn Ayer", group=grpVisuals)
inpShowNY = input.bool(true, "Sesiรณn NY", group=grpVisuals)
// --- 2. VARIABLES ---
var float t1Price = na
var bool t1Bull = false
var bool t1Conf = false
var line slLine = na
var line tpLine = na
// Variables Prev Day
var float pdH = na
var float pdL = na
var line linePDH = na
var line linePDL = na
// Variables Session
var box nySessionBox = na
// --- 3. CรLCULO ADX MANUAL ---
f_calcADX(_high, _low, _close, _len) =>
// True Range Manual
tr = math.max(_high - _low, math.abs(_high - _close ), math.abs(_low - _close ))
// Directional Movement
up = _high - _high
down = _low - _low
plusDM = (up > down and up > 0) ? up : 0.0
minusDM = (down > up and down > 0) ? down : 0.0
// Smoothed averages
atr = ta.rma(tr, _len)
plus = 100.0 * ta.rma(plusDM, _len) / atr
minus = 100.0 * ta.rma(minusDM, _len) / atr
// DX y ADX
sum = plus + minus
dx = sum == 0 ? 0.0 : 100.0 * math.abs(plus - minus) / sum
adx = ta.rma(dx, _len)
adx
// --- 4. CรLCULO DE DATOS ---
ema21 = ta.ema(close, inpEMA21)
ema50 = ta.ema(close, inpEMA50)
ema200 = ta.ema(close, inpEMA200)
// MTF Logic
targetTF = inpTrendTF == "Current" ? timeframe.period : inpTrendTF == "15m" ? "15" : "60"
// CORRECCIรN AQUร: Uso de argumentos nominales (gaps=, lookahead=) para evitar errores de orden
f_getSeries(src, tf) =>
tf == timeframe.period ? src : request.security(syminfo.tickerid, tf, src, gaps=barmerge.gaps_on, lookahead=barmerge.lookahead_off)
tf_close = f_getSeries(close, targetTF)
tf_high = f_getSeries(high, targetTF)
tf_low = f_getSeries(low, targetTF)
tf_ema21 = ta.ema(tf_close, inpEMA21)
tf_ema50 = ta.ema(tf_close, inpEMA50)
// Calcular ADX
float tf_adx = f_calcADX(tf_high, tf_low, tf_close, inpADXPeriod)
// Cruces
bool crossUp = ta.crossover(tf_ema21, tf_ema50)
bool crossDown = ta.crossunder(tf_ema21, tf_ema50)
bool crossSignal = crossUp or crossDown
bool adxOk = inpADXFilter ? tf_adx > inpADXLimit : true
// --- 5. LรGICA DE SEรALES ---
if crossSignal and adxOk and barstate.isconfirmed
t1Price := tf_ema21
t1Bull := tf_ema21 > tf_ema50
t1Conf := false
if not na(slLine)
line.delete(slLine)
slLine := na
if not na(tpLine)
line.delete(tpLine)
tpLine := na
label.new(bar_index, high + (ta.atr(14)*0.5), text="CRUCE T1", color=t1Bull ? color.green : color.red, textcolor=color.white, size=size.small)
bool touch = false
if not na(t1Price) and not t1Conf
if t1Bull
touch := low <= t1Price and close >= t1Price
else
touch := high >= t1Price and close <= t1Price
if touch and barstate.isconfirmed
t1Conf := true
float atr = ta.atr(14)
float sl = t1Bull ? low - (atr*0.1) : high + (atr*0.1)
float dist = math.abs(t1Price - sl)
float tp = t1Bull ? t1Price + (dist * inpRR) : t1Price - (dist * inpRR)
label.new(bar_index, t1Price, text="ENTRADA", color=color.yellow, textcolor=color.black, size=size.small)
slLine := line.new(bar_index, sl, bar_index + 15, sl, color=color.red, style=line.style_dashed, width=2)
tpLine := line.new(bar_index, tp, bar_index + 15, tp, color=color.green, style=line.style_dashed, width=2)
// --- 6. GRรFICO ---
col21 = ema21 > ema21 ? color.teal : color.maroon
col50 = ema50 > ema50 ? color.aqua : color.fuchsia
col200 = ema200 > ema200 ? color.blue : color.red
plot(inpShowEMA ? ema21 : na, "EMA21", color=col21, linewidth=2)
plot(inpShowEMA ? ema50 : na, "EMA50", color=col50, linewidth=2)
plot(inpShowEMA ? ema200 : na, "EMA200", color=col200, linewidth=2)
bgcolor(ema50 > ema200 ? color.new(color.green, 95) : color.new(color.red, 95))
// --- 7. SESIรN NY ---
isNYSummer = (month(time) == 3 and dayofmonth(time) >= 14) or (month(time) > 3 and month(time) < 11)
hourOffset = isNYSummer ? 4 : 5
nyHour = (hour - hourOffset) % 24
bool isSession = nyHour >= 6 and nyHour < 11
if isSession and inpShowNY
if na(nySessionBox)
nySessionBox := box.new(bar_index, high, bar_index, low, bgcolor=color.new(color.blue, 92), border_color=color.new(color.white, 0))
else
box.set_right(nySessionBox, bar_index)
box.set_top(nySessionBox, math.max(high, box.get_top(nySessionBox)))
box.set_bottom(nySessionBox, math.min(low, box.get_bottom(nySessionBox)))
if not isSession and not na(nySessionBox)
box.delete(nySessionBox)
nySessionBox := na
// --- 8. MรX/MรN AYER ---
hCheck = request.security(syminfo.tickerid, "D", high , lookahead=barmerge.lookahead_on)
lCheck = request.security(syminfo.tickerid, "D", low , lookahead=barmerge.lookahead_on)
if not na(hCheck)
pdH := hCheck
if not na(lCheck)
pdL := lCheck
if barstate.islast and inpShowPrevDay
line.delete(linePDH)
line.delete(linePDL)
if not na(pdH)
linePDH := line.new(bar_index - 50, pdH, bar_index, pdH, color=color.green)
if not na(pdL)
linePDL := line.new(bar_index - 50, pdL, bar_index, pdL, color=color.red)
alertcondition(crossSignal, "Cruce T1", "Cruce Tendencia 1")
alertcondition(touch, "Entrada Confirmada", "Entrada Confirmada")
MA Band Area (Objective Zone)This indicator can be useful for you to create areas of dynamic purchase, you just need to contextualise when to stop in range, on smaller time frames it is very powerful but also for long term with stock it is very precise
Custom Stochastic Momentum Index (SMI)๐ Custom Stochastic Momentum Index (SMI)
Custom Stochastic Momentum Index (SMI) is a refined momentum oscillator designed to identify trend strength, reversals, and overbought/oversold conditions with higher accuracy than traditional stochastic indicators.
This version gives traders full control over smoothing and signal calculation, making it suitable for intraday, swing, and positional trading across all markets.
๐น Key Features
Fully customizable %K Length
Adjustable %K Smoothing and Double Smoothing
Configurable %D Period
User-selectable %D Moving Average Type
SMA
EMA
WMA
RMA
Fixed and proven levels:
Overbought: +40
Oversold: โ40
Automatic shaded zones above overbought and below oversold levels
Clear KโD crossover labels for precise entry and exit timing
Clean, non-repainting logic
๐ How to Use
Bullish Setup
Look for %K crossing above %D near or below โ40
Bearish Setup
Look for %K crossing below %D near or above +40
Trend Confirmation
Trade crossovers in the direction of the higher-timeframe trend
Works best when combined with:
Price Action
Support & Resistance
Market Structure / SMC concepts
๐ฏ Best For
Intraday traders
Swing traders
Momentum-based strategies
Confirmation with structure or breakout systems
โ ๏ธ Disclaimer
This indicator is for educational and analytical purposes only.
It does not provide financial advice. Always use proper risk management.
Nehan Trend AssistNehan Trend Assist is a trend-following and decision-support indicator designed to help traders visually identify market bias and potential entry zones without providing direct trading advice.
This indicator combines the following concepts into a single framework:
โข ATR-based trailing logic to visualize directional pressure and trend transitions
โข EMA trend filtering (EMA 20 / EMA 50) to identify whether the market is in a bullish or bearish environment
โข Optional Heikin Ashi source to reduce noise and smooth price behavior during volatile conditions
Core Concept
The purpose of this script is not to generate standalone buy/sell signals.
Instead, it serves as a context and confirmation tool to support discretionary trading decisions.
Signals are displayed only when:
โข A directional change is detected by the ATR trailing logic, and
โข The broader trend direction is aligned using EMA filters (when enabled)
This helps reduce counter-trend indications during strong trending conditions.
How to Use
โข Use this indicator together with your own analysis, such as price action, support/resistance, or volatility tools
โข Signals should be treated as alerts or points of interest, not execution commands
โข Best suited for trend-following environments on intraday timeframes
This script is intended for educational and analytical purposes only and does not constitute financial or trading advice.
EAGLE ALGO PRO V0.2๐ฆ
EAGLE ALGO PRO V0.2
Invite-Only | Premium Trading Indicator
EAGLE ALGO PRO V0.2 is a high-performance multi-strategy trading system designed for Binary Options, Forex Scalping, and Crypto Trading.
This is not a normal indicator โ it is a PRO-level algorithmic trading tool built for precision, confirmation, and consistency.
Prev-Week-Month with V-StopPrevious Week map: It automatically plots last weekโs high/low and key Fibonacci levels (50%, 61.8%, 78.6), plus optional extensions, and can extend those lines into the current week with labels.
Previous Month โGolden Zonesโ: It shades the prior monthโs two main retracement zones (61.8%โ78.6% from the monthโs range) as bullish/bearish areas, optionally adds boundary lines, and labels them.
Volatility Stop (V-Stop): It draws an ATR-based trailing stop that flips between uptrend/downtrend. You can run it on the chart timeframe or a higher timeframe, and it marks reversals and HTF breach/โlimboโ events. **bits of code taken from TradingView script**
CustomQuantLabs- High-Velocity Momentum EngineClarity is your only edge.
Most indicators create noise. They are cluttered, lagging, and difficult to interpret in real-time.
Rocket Fuel was designed to solve one problem: Instant Trend Identification. It converts complex momentum math into a single, high-contrast ribbon that allows you to assess market state in milliseconds.
THE MECHANICS:
Dynamic Ribbon: The line thickens and glows based on trend strength, filtering out weak signals.
Visual Velocity:
๐ Grey: Chop / Neutral (No Edge).
๐ง Orange: Momentum Building (Watchlist).
๐ฉ Green: Trend Established (Execution Zone).
๐ช Purple: Parabolic Velocity (Extreme Momentum).
Live Dashboard: A minimalist HUD provides real-time velocity metrics without obscuring price action.
HOW TO USE: If the ribbon is Grey, you sit on your hands. If the ribbon turns Orange/Green, the volatility filter has disengaged, and probability favors the trend.
FUTURE UPDATES: This is the core engine. I am currently finalizing the "Launchpad" (Automated Support & Resistance Zones) to pair with this tool.
Please Boost ๐ and Follow if you want to be notified when the Launchpad update goes live.
NQ Overnight Expansion + London Sweep Asia (v6)requirement reminders to trade
dont trade if ovn expanded over 200 points
or
if london swept asia levels
Breakout + Reset - jorgechutofxBreakout + Reset is a technical indicator that identifies valid support and resistance breakouts based on real market structure.
After a confirmed breakout, it automatically detects resets (healthy pullbacks), marking them only when price respects the broken level and shows continuation, avoiding false signals and repaint.
Designed for intraday, swing, and scalping trading, it provides a clean market view and precise execution on trend continuations.
Swing Trading Screener v2Updated Version of the Swing Trading Screener v1 due to the new Pinescript memory restrictions
Algo Smart Pro๐ Algo Smart Pro: The Ghost Algorithm
Algo Smart Pro is not just another indicator; it is a sophisticated Neural-based Algorithm designed to decode institutional market behavior.
By integrating advanced Order Flow Analysis with Smart Money Concepts (SMC), it exposes the hidden liquidity traps set by big banks.
Key Algorithmic Features:
Institutional Liquidity Detection: Tracks where the "Smart Money" is building positions before the move.
โ
Dynamic Order Block Filtering: Unlike static indicators, our algorithm filters out weak blocks and highlights high-probability displacement zones.
Real-time Delta Volume Engine: Monitors the raw buying/selling pressure behind every candle.
โAutomated Risk-to-Reward Ratio: Precision entry with 3-layered institutional targets.
Link :
Telegram
WhatsApp
www.Algofxglobal.com
Rainbow Rider Pro | ProjectSyndicate________________________________________
๐ Rainbow Rider Pro PS โ The Definitive Guide
________________________________________
โ
Executive Summary โ 10 Unique Advantages
๐The Rainbow Rider Pro PS isnโt a basic trend indicator โ itโs a visual trading system built to show market momentum + volatility clearly and intuitively.
eur cad
1. โ๏ธ Hybrid Momentum Engine
Combines EMA + WMA + VWMA into one triple-smoothed composite wave โ responsive + smooth.
2. ๐ Full-Spectrum Gradient
A 7-layer rainbow maps momentum strength across colors โ more nuance than simple 2-color tools.
3. ๐ Adaptive Volatility Zones
Zones are ATR-driven, expanding/contracting with volatility โ dynamic support/resistance behavior.
4. ๐๏ธ Visual Momentum Mapping
Momentum shifts become color shifts โ less reliance on separate oscillators.
5. โจ Glow + Transparency (Dark Mode Optimized)
Transparency + glow improves clarity and reduces eye strain during long sessions.
6. ๐ Acceleration Detection
Tracks momentum direction + acceleration โ early warning for strengthening/weakening trends ๐ฆ.
7. ๐ฏ Clutter-Free Signals
๐ reversals + โก๏ธ volatility spikes โ clean, minimal overlays .
8. ๐ฃ Dynamic Background Ambiance
Background hue follows dominant momentum โ helps you โfeelโ market mood instantly .
9. ๐งต Zero-Lag Smoothing Style
Triple-EMA smoothing hugs price action โ smooth trend line without heavy lag .
10. ๐๐ Universal Applicability
Asset-agnostic logic works across FX ๐ฑ / Crypto ๐ช / Commodities ๐ชโ๏ธ / Equities ๐๏ธ on all timeframes โฑ๏ธ.
ltc usd
________________________________________
โ๏ธ Anatomy of the Indicator
1) Momentum Wave (Core Baseline)
The wave is the primary trend + momentum reference.
Color Meaning
โข Warm (Yellow / Orange / Pink) โ strong bullish momentum ๐
โข Cool (Cyan / Blue / Indigo / Violet) โ strong bearish momentum ๐
โข Green โ neutral / transition (indecision)
Position Meaning
โข Price above wave โ generally uptrend
โข Price below wave โ generally downtrend
________________________________________
2) Rainbow Volatility Zones (7 Bands)
Bands expand/contract around the wave and act like adaptive volatility envelopes.
โข Expansion โ rising volatility
โข Contraction โ falling volatility (often precedes breakout)
โข Outer band touch (Pink / Indigo / Violet extremes) โ move may be overextended โ pullback/consolidation risk
________________________________________
s&p e-mini
๐ฏ Signals & Markers
โข Reversal Diamonds (๐)
Appear when price crosses the Momentum Wave with confirming conditions.
o ๐ below price โ bullish reversal signal
o ๐ above price โ bearish reversal signal
Best used as entry/exit warnings, not standalone trades.
โข Volatility Lightning (โก๏ธ)
Appears when ATR spikes โ warns of unusually high volatility (erratic moves + wider spreads possible).
________________________________________
๐ Sample Trade Setups (Hypothetical)
1) GBP/USD โ H4 Swing (Trend Following)
โข Trend: downtrend, wave blue, price below wave
โข Setup: pullback to wave (dynamic resistance), wave shifts to cyan but fails to turn green, rejection + bearish ๐ above candle
โข Entry: short at signal candle close
โข SL: above swing high + upper zones
โข TP: lower indigo/violet band, then historical support
โข Exit early if: wave turns green OR bullish ๐ appears
________________________________________
2) XAU/USD (Gold) โ H1 Day Trade (Breakout)
โข Trend: tight consolidation, zones contracting
โข Setup: wave flat + green โ indecision; breakout candle closes above bands; wave turns green โ yellow โ orange
โข Entry: long at close or pullback to first upper band
โข SL: below consolidation midpoint or below wave
โข TP: ride upper bands; exit when price closes back inside bands OR wave cools (pinkโorange etc.)
________________________________________
3) BTC/USD โ Daily (Reversal Trading)
โข Trend: prolonged bullish, wave pink, price extended
โข Setup: new high but momentum wanes; price closes below wave + bearish ๐
โข Entry: short (smaller size; counter-trend risk)
โข SL: above recent ATH
โข TP: first major support; take profits aggressively
โข Exit cue: support at lower bands + wave shifts toward neutral (blueโcyan/green)
________________________________________
๐ ๏ธ Setting Templates (Ready-to-Use)
Template 1 โ Scalper (M1 / M5)
โข Goal: small, rapid moves
โข Wave Length: 13
โข Wave Source: HL2
โข Volatility Multiplier: 1.8
โข ATR Period: 34
โข Logic: very responsive wave + tighter bands
Template 2 โ Day Trader (M15 / H1) (Default-Style Balance)
โข Wave Length: 34
โข Wave Source: HLC3
โข Volatility Multiplier: 2.5
โข ATR Period: 50
Template 3 โ Swing Trader (H4 / Daily)
โข Wave Length: 55
โข Wave Source: Close
โข Volatility Multiplier: 3.0
โข ATR Period: 100
โข Logic: smoother trend focus + wider bands to avoid premature exits
Template 4 โ Position Trader (Daily / Weekly)
โข Wave Length: 89
โข Wave Source: OHLC4
โข Volatility Multiplier: 3.5
โข ATR Period: 144
โข Logic: filters noise โ only major shifts trigger signals
________________________________________
๐ Advanced Interpretation Guide
Reading the Rainbow (Color Psychology)
โข Bearish (Cool): Violet โ Indigo โ Blue โ Cyan
o Violet = most extreme bearish
o Cyan = bearish weakening โ transition risk
โข Neutral (Green): equilibrium / indecision โ often ranges & consolidations
โข Bullish (Warm): Yellow โ Orange โ Pink
o Yellow = early bullish
o Orange = strong established bullish
o Pink = extreme bullish (can be overextended)
________________________________________
๐ Advanced Interpretation Guide
๐ Reading the Rainbow: Color Psychology in Trading
The gradient is designed to be intuitive โ each color is a โmomentum temperatureโ cue:
โข Bearish Spectrum (Cool Colors) ๐ฃ๐ต๐ง
๐ฃ Violet โ ๐ฆ Indigo โ ๐ต Blue โ ๐ฉต Cyan = declining momentum
o ๐ฃ Violet = most extreme bearish conditions
o ๐ฉต Cyan = bearish momentum weakening โ transition risk
โข Neutral Zone (Green) ๐ขโ๏ธ
๐ข Green = equilibrium / indecision
Common during consolidations or ranges โ usually best to wait for clearer bias.
โข Bullish Spectrum (Warm Colors) ๐ก๐ ๐ฉท
๐ก Yellow โ ๐ Orange โ ๐ฉท Pink = rising momentum
o ๐ก Yellow = early bullish shift
o ๐ Orange = strong, established uptrend
o ๐ฉท Pink = extreme bullish conditions (often overextended)
________________________________________
Volatility Band Dynamics
โข Wide bands: high volatility (news / breakouts / acceleration) โ consider wider stops
โข Narrow bands: volatility squeeze โ breakout risk rising
โข Outer band breakout: momentum surge โ often followed by reversion to inner bands/wave
________________________________________
๐ฏ Trading Strategies (Combining Signals)
Strategy 1 โ Trend Continuation (High Win Rate)
Entry
โข Price above (long) / below (short) wave
โข Wave color aligns (warm for longs / cool for shorts)
โข Wait pullback to wave or first inner band โ enter on bounce
Exit
โข Close on opposite side of wave
โข Wave turns green
โข Opposite ๐ appears
Risk
โข SL just beyond wave on the invalidation side
________________________________________
Strategy 2 โ Reversal Trading (High R:R)
Entry
โข Strong trend extreme (pink or violet)
โข ๐ appears + price closes opposite side of wave
โข Wave shifts toward neutral (pinkโorange, violetโindigo)
Exit
โข Target opposite outer bands
โข Or wave fully transitions to opposite spectrum
โข Or counter-๐ prints
Risk
โข Smaller sizing; SL beyond swing high/low
________________________________________
Strategy 3 โ Volatility Breakout (High Momentum)
Entry
โข Bands contracting (squeeze)
โข Wave flat + green
โข Large candle closes beyond outer bands
โข Wave shifts quickly from green to strong warm/cool
Exit
โข Price returns inside main bands
โข Wave cools
โข ๐ appears
Risk
โข SL at consolidation midpoint; consider trailing stop on big winners
________________________________________
๐ง Best Practices & Pro Tips
โข Timeframe Alignment: confirm higher TF trend before entries
โข Avoid Neutral Zones: wave green + chop around wave = low probability
โข Combine with Key Levels: horizontals / fibs / pivots improve confluence
โข Respect โก๏ธ: volatility spike = spreads/slippage risk; tighten risk or wait
โข Use Background Mood: warm = bullish bias, cool = bearish bias (avoid counter-trend)
โข Adjust Gradient Intensity: reduce if distracting; increase if you want stronger visual pop
โข Backtest First: learn behavior per asset/timeframe before going live
________________________________________
โ๏ธ Parameter Reference
| Parameter | Default | Range | Description
|----------------------|---------|--------------------------|----------------------------------------------|
| Wave Length | 34 | 8 - 200 | Wave responsiveness (lower = more sensitive) |
| Wave Source | HLC3 | Close/HLC3/OHLC4/HL2 | Price input used for wave |
| Volatility Multiplier| 2.5 | 0.5 - 10.0 | Band width (higher = wider) |
| ATR Period | 50 | 10 - 200 | ATR lookback (higher = smoother volatility) |
| Gradient Intensity | 75 | 0 - 100 | Band fill opacity (higher = more opaque) |
| Show Momentum Wave | True | True / False | Toggle main wave line |
| Show Rainbow Zones | True | True / False | Toggle volatility bands |
| Show Trend Signals | True | True / False | Toggle ๐ + โก๏ธ markers |
| Dynamic Background | True | True / False | Toggle background hue shift |
| Rainbow Colors | Custom | Any Color | Customize each rainbow color |
________________________________________
๐ Alert Configuration (TradingView Steps)
1) Click the indicator "More" (โฏ) on the chart
2) Select "Add Alert on Rainbow Rider Pro PS"
3) Choose the condition in the dropdown
4) Set notifications (app/email/SMS/etc.)
5) Click "Create"
Available Alert Conditions
โข Bullish Reversal โ bullish ๐ appears
โข Bearish Reversal โ bearish ๐ appears
โข High Volatility โ ATR spike (โก๏ธ)
โข Extreme Bullish โ momentum strength > 90
โข Extreme Bearish โ momentum strength < 10
Plutus Flow - Statistical OBV AnalysisPlutus Flow - Statistical OBV Analysis
Plutus Flow transforms raw On-Balance Volume (OBV) into a filtered, statistically-bounded oscillator with automatic divergence detection. The indicator is designed to help traders analyze cumulative buying and selling pressure through three integrated analytical layers: spike-clipped volume accumulation, standard deviation banding, and pivot-synchronized divergence detection.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ถ ๐ข๐ฉ๐๐ฅ๐ฉ๐๐๐ช
On-Balance Volume (OBV) is a classic momentum indicator that tracks cumulative volume flow. When price closes higher, the bar's volume is added to OBV; when price closes lower, volume is subtracted. The resulting cumulative line can help identify whether volume is flowing into or out of an asset.
Plutus Flow builds on this foundation by adding three analytical layers:
โข ๐ฆ๐ฝ๐ถ๐ธ๐ฒ-๐๐น๐ถ๐ฝ๐ฝ๐ฒ๐ฑ ๐ฉ๐ผ๐น๐๐บ๐ฒ: Caps extreme volume bars to preserve trend continuity
โข ๐ฆ๐๐ฎ๐๐ถ๐๐๐ถ๐ฐ๐ฎ๐น ๐๐ฎ๐ป๐ฑ๐: Defines mathematically-derived extreme zones
โข ๐๐ถ๐๐ฒ๐ฟ๐ด๐ฒ๐ป๐ฐ๐ฒ ๐๐ฒ๐๐ฒ๐ฐ๐๐ถ๐ผ๐ป: Identifies structural disagreements between price and OBV
Each layer serves a specific analytical purpose, and together they provide a structured framework for interpreting volume-based pressure.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
The indicator displays filtered OBV (colored line), basis line (orange), statistical bands (green), and the flow ribbon between OBV and basis.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ถ ๐๐ข๐ช ๐๐ง ๐ช๐ข๐ฅ๐๐ฆ
The indicator is built around one core principle: cumulative buying and selling pressure may reveal accumulation or distribution patterns before price confirms them. Rather than displaying raw OBV, Plutus Flow processes it through three analytical layers.
๐ฆ๐ฝ๐ถ๐ธ๐ฒ-๐๐น๐ถ๐ฝ๐ฝ๐ฒ๐ฑ ๐ข๐๐ฉ
๐๐ฉ๐ข๐ต ๐ช๐ต ๐ฅ๐ฐ๐ฆ๐ด: Standard OBV accumulates every tick of volume equally, meaning one earnings candle or news event can permanently distort the cumulative total. This implementation dynamically caps each bar's volume contribution using a rolling average multiplier, preserving the underlying trend signal while filtering anomalous spikes.
๐๐ฐ๐ธ ๐ต๐ฐ ๐ช๐ฏ๐ต๐ฆ๐ณ๐ฑ๐ณ๐ฆ๐ต ๐ช๐ต: The filtered OBV line represents the cumulative pressure trend without distortion from outlier events. When this line is rising, it may suggest net buying pressure over time. When falling, it may suggest net selling pressure. The filtering helps maintain visual continuity across volatile events like earnings releases or major news announcements.
๐ฆ๐๐ฎ๐๐ถ๐๐๐ถ๐ฐ๐ฎ๐น ๐๐ฎ๐ป๐ฑ๐
๐๐ฉ๐ข๐ต ๐ช๐ต ๐ฅ๐ฐ๐ฆ๐ด: A smoothed moving average serves as the basis line, with standard deviation bands defining statistically extreme zones above and below. The bands adapt to each symbol's recent volatility profile.
๐๐ฐ๐ธ ๐ต๐ฐ ๐ช๐ฏ๐ต๐ฆ๐ณ๐ฑ๐ณ๐ฆ๐ต ๐ช๐ต: When OBV reaches the upper band, cumulative buying pressure has moved beyond its recent normal range: this may indicate an extended condition. Similarly, when OBV reaches the lower band, selling pressure may be statistically extended. These zones are not automatic reversal signals, but rather areas that may warrant closer attention. Extended conditions can persist during strong trends.
๐๐น๐ผ๐ ๐ฅ๐ถ๐ฏ๐ฏ๐ผ๐ป
๐๐ฉ๐ข๐ต ๐ช๐ต ๐ฅ๐ฐ๐ฆ๐ด: The area between OBV and its basis line is filled to create a visual ribbon. Color indicates whether OBV is above or below its average, and color intensity shifts based on momentum direction.
๐๐ฐ๐ธ ๐ต๐ฐ ๐ช๐ฏ๐ต๐ฆ๐ณ๐ฑ๐ณ๐ฆ๐ต ๐ช๐ต: Green ribbon indicates OBV above basis (buying pressure may be dominant). Red ribbon indicates OBV below basis (selling pressure may be dominant). The ribbon provides quick visual context for the current pressure regime without requiring precise reading of the oscillator value.
๐๐ถ๐๐ฒ๐ฟ๐ด๐ฒ๐ป๐ฐ๐ฒ ๐๐ฒ๐๐ฒ๐ฐ๐๐ถ๐ผ๐ป
๐๐ฉ๐ข๐ต ๐ช๐ต ๐ฅ๐ฐ๐ฆ๐ด: The script automatically identifies pivot highs and lows on both price and OBV. When price structure disagrees with OBV structure: for example, price makes a lower low while OBV makes a higher low: divergence is detected. Labels appear only when pivots are confirmed and synchronized within a tolerance window.
๐๐ฐ๐ธ ๐ต๐ฐ ๐ช๐ฏ๐ต๐ฆ๐ณ๐ฑ๐ณ๐ฆ๐ต ๐ช๐ต: Divergences may indicate structural disagreement between price action and underlying volume pressure. A bullish divergence (price lower low, OBV higher low) could suggest that selling pressure is weakening despite lower prices. A bearish divergence (price higher high, OBV lower high) could suggest that buying pressure is weakening despite higher prices. Divergences are not guaranteed reversal signals: they indicate a structural condition that traders may want to investigate further.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Example: A bullish divergence where price made a lower low while OBV made a higher low, suggesting selling pressure may be weakening.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ถ ๐ช๐๐ฌ ๐ง๐๐๐ฆ๐ ๐๐ข๐ ๐ฃ๐ข๐ก๐๐ก๐ง๐ฆ ๐ช๐ข๐ฅ๐ ๐ง๐ข๐๐๐ง๐๐๐ฅ
Price movements don't always reflect underlying volume activity. A price rally on declining volume may have different implications than a rally on increasing volume. Plutus Flow approaches this by layering three types of analysis that each address a different aspect of volume interpretation:
1. ๐๐ถ๐น๐๐ฒ๐ฟ๐ฒ๐ฑ ๐ฃ๐ฟ๐ฒ๐๐๐๐ฟ๐ฒ: Spike clipping ensures the OBV line represents consistent accumulation/distribution patterns rather than noise from outlier events. This creates a cleaner baseline for all subsequent analysis.
2. ๐ฆ๐๐ฎ๐๐ถ๐๐๐ถ๐ฐ๐ฎ๐น ๐๐ผ๐ป๐๐ฒ๐
๐: Deviation bands provide mathematically-defined reference zones instead of arbitrary horizontal lines. This helps contextualize whether current pressure readings are within normal ranges or statistically extended.
3. ๐ฆ๐๐ฟ๐๐ฐ๐๐๐ฟ๐ฎ๐น ๐๐ผ๐ป๐ณ๐ถ๐ฟ๐บ๐ฎ๐๐ถ๐ผ๐ป: Divergence detection surfaces disagreements between price and pressure that traders may want to investigate. This adds a structural dimension beyond simple trend-following.
When multiple factors align: for example, OBV exiting an extreme band while showing divergence from price: this represents statistical extension plus structural disagreement occurring simultaneously. Such conditions may warrant additional analysis, though they do not guarantee any particular outcome.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ถ ๐๐ข๐ช ๐ง๐ข ๐จ๐ฆ๐
This section provides step-by-step guidance for interpreting the indicator's visual elements and incorporating them into chart analysis.
๐ฆ๐๐ฒ๐ฝ ๐ญ: ๐๐ฑ๐ฒ๐ป๐๐ถ๐ณ๐ ๐๐ต๐ฒ ๐ฃ๐ฟ๐ฒ๐๐๐๐ฟ๐ฒ ๐ฅ๐ฒ๐ด๐ถ๐บ๐ฒ
Begin by observing the flow ribbon color:
โข Green ribbon = OBV is above its basis line, which may indicate buying pressure is currently dominant
โข Red ribbon = OBV is below its basis line, which may indicate selling pressure is currently dominant
This provides immediate context for the current pressure environment. A sustained green ribbon during a price uptrend may suggest the trend has volume support. A green ribbon turning red during an uptrend could indicate a potential shift in underlying pressure.
๐ฆ๐๐ฒ๐ฝ ๐ฎ: ๐ ๐ผ๐ป๐ถ๐๐ผ๐ฟ ๐๐ฎ๐๐ถ๐ ๐๐ถ๐ป๐ฒ ๐๐ฟ๐ผ๐๐๐ฒ๐
Watch for the signal dots that appear when OBV crosses its basis line:
โข Green dot = OBV crossed above basis (potential shift toward buying pressure)
โข Red dot = OBV crossed below basis (potential shift toward selling pressure)
These crosses mark momentum shifts in the pressure regime. A green dot appearing after an extended red ribbon period could indicate early signs of pressure reversal. However, crosses can also occur during choppy conditions without leading to sustained moves.
๐ฆ๐๐ฒ๐ฝ ๐ฏ: ๐๐๐๐ฒ๐๐ ๐ฆ๐๐ฎ๐๐ถ๐๐๐ถ๐ฐ๐ฎ๐น ๐๐
๐๐ฟ๐ฒ๐บ๐ฒ๐
Monitor the position of OBV relative to the deviation bands:
โข White dot = OBV has entered an extreme zone (upper or lower band)
โข Yellow dot = OBV has exited an extreme zone
When OBV reaches the upper band, cumulative buying pressure has moved beyond its recent statistical norm. This does not mean price must reverse: strong trends can maintain extended readings for prolonged periods. However, it does indicate that pressure is stretched relative to recent history.
Similarly, when OBV reaches the lower band, selling pressure is statistically extended. An exit from this zone (yellow dot) could indicate that selling pressure may be stabilizing.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Strong trend example: OBV remains elevated with sustained ribbon color and no divergence: indicating the trend may still have volume support.
๐ฆ๐๐ฒ๐ฝ ๐ฐ: ๐๐ต๐ฒ๐ฐ๐ธ ๐ณ๐ผ๐ฟ ๐๐ถ๐๐ฒ๐ฟ๐ด๐ฒ๐ป๐ฐ๐ฒ๐
Review divergence labels when they appear:
โข "Bull Div" label = Price made a lower low while OBV made a higher low (regular bullish divergence)
โข "Bear Div" label = Price made a higher high while OBV made a lower high (regular bearish divergence)
โข "Bull Hid" label = Price made a higher low while OBV made a lower low (hidden bullish divergence)
โข "Bear Hid" label = Price made a lower high while OBV made a higher high (hidden bearish divergence)
Regular divergences may indicate weakening momentum in the current trend direction. Hidden divergences may indicate continuation potential within the existing trend. Neither type guarantees any particular outcome: they represent structural conditions for further analysis.
๐ฆ๐๐ฒ๐ฝ ๐ฑ: ๐๐ผ๐บ๐ฏ๐ถ๐ป๐ฒ ๐ ๐๐น๐๐ถ๐ฝ๐น๐ฒ ๐๐ฎ๐ฐ๐๐ผ๐ฟ๐
The indicator provides the most context when multiple elements align:
๐๐น๐ข๐ฎ๐ฑ๐ญ๐ฆ ๐๐ค๐ฆ๐ฏ๐ข๐ณ๐ช๐ฐ ๐: ๐๐ณ๐ฆ๐ฏ๐ฅ ๐๐ฐ๐ฏ๐ต๐ช๐ฏ๐ถ๐ข๐ต๐ช๐ฐ๐ฏ
OBV at the upper band, ribbon solid green, no divergence labels present. Price rising, volume confirming, no structural disagreement. OBV can stay extended during strong trends. The absence of divergence suggests the trend may still have volume support.
๐๐น๐ข๐ฎ๐ฑ๐ญ๐ฆ ๐๐ค๐ฆ๐ฏ๐ข๐ณ๐ช๐ฐ ๐: ๐๐ฐ๐ฎ๐ฆ๐ฏ๐ต๐ถ๐ฎ ๐๐ข๐ฅ๐ช๐ฏ๐จ
OBV shows bullish with green ribbon, but the line has flattened near the basis. Price still rising, but volume is no longer confirming. Ribbon width narrowing. This type of disconnect between price action and volume momentum often appears before moves stall.
๐๐น๐ข๐ฎ๐ฑ๐ญ๐ฆ ๐๐ค๐ฆ๐ฏ๐ข๐ณ๐ช๐ฐ ๐: ๐๐น๐ฉ๐ข๐ถ๐ด๐ต๐ช๐ฐ๐ฏ ๐๐ข๐ณ๐ฏ๐ช๐ฏ๐จ
Price making higher highs while OBV makes lower highs. A "Bear Div" label appears with OBV still in the upper extreme zone. Yellow dot signals exit from extreme. Multiple warning signs appearing together (divergence, extreme zone exit, weakening internals) suggest caution.
๐๐น๐ข๐ฎ๐ฑ๐ญ๐ฆ ๐๐ค๐ฆ๐ฏ๐ข๐ณ๐ช๐ฐ ๐: ๐๐ณ๐ฆ๐ข๐ฌ๐ฐ๐ถ๐ต ๐๐ณ๐ฐ๐ฎ ๐๐ฐ๐ฏ๐ด๐ฐ๐ญ๐ช๐ฅ๐ข๐ต๐ช๐ฐ๐ฏ
OBV has been flat for several days, ribbon alternating red and green, no clear direction. Then OBV breaks above its recent range, ribbon turns solid green, green cross dot appears. When multiple elements shift together after a quiet period, consolidation may be resolving into a directional move.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Multiple factors aligning: OBV exiting extreme zone while divergence appears and ribbon shifts color: a confluence condition that may warrant closer attention.
๐ฆ๐๐ฒ๐ฝ ๐ฒ: ๐๐ผ๐ป๐ณ๐ถ๐ด๐๐ฟ๐ฒ ๐๐น๐ฒ๐ฟ๐๐
Ten built-in alert conditions are available to notify you of specific events:
โข Basis line crosses (up/down)
โข Extreme zone entries (upper/lower)
โข Extreme zone exits (upper/lower)
โข Divergence detection (all four types)
Alerts can be set through TradingView's alert dialog after adding the indicator to your chart.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ถ ๐ก๐๐ฉ๐๐๐๐ง๐๐ก๐ ๐๐๐๐๐๐ฅ๐๐ก๐ง ๐ ๐๐ฅ๐๐๐ง ๐๐ข๐ก๐๐๐ง๐๐ข๐ก๐ฆ
๐ง๐ฟ๐ฒ๐ป๐ฑ๐ถ๐ป๐ด ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐๐
During strong trends, OBV may remain in extreme zones for extended periods. This is normal behavior: statistical extremes are not automatic reversal signals. In trending conditions, traders may focus more on:
โข Whether divergences are forming (potential trend weakening)
โข Ribbon color persistence (trend confirmation)
โข Basis line crosses as potential re-entry points during pullbacks
For example, in a sustained uptrend, OBV might stay above the upper band for days or weeks. Rather than treating this as an immediate reversal signal, traders may watch for divergence to form as a potential early warning that the trend could be losing momentum. A bearish divergence appearing while OBV is in the upper extreme could be more significant than either condition alone.
๐ฅ๐ฎ๐ป๐ด๐ถ๐ป๐ด ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐๐
In sideways conditions, OBV may oscillate between bands more frequently. Traders may focus on:
โข Extreme zone exits as potential mean-reversion conditions
โข Divergences that form at range boundaries
โข Ribbon color flips that may indicate short-term pressure shifts
In ranging environments, the statistical bands may provide clearer reference points. When OBV touches the lower band and then exits (yellow dot) near range support, this could suggest selling pressure is stabilizing. Conversely, when OBV touches the upper band near range resistance and divergence forms, this could indicate buying pressure is weakening at that level.
๐๐ถ๐ด๐ต ๐ฉ๐ผ๐น๐ฎ๐๐ถ๐น๐ถ๐๐ ๐๐๐ฒ๐ป๐๐
During earnings, news events, or market shocks, the spike-clipping feature helps maintain OBV continuity. However, sustained high-volume regimes may still push readings to extremes. The HTF filter option can help provide broader context during volatile periods.
For volatile events, traders may want to observe how OBV behaves after the initial spike. If OBV quickly returns toward its basis after a news-driven extreme, this could suggest the move lacked follow-through volume. If OBV maintains its new level or continues in the same direction, this could suggest the move has genuine volume support.
๐ ๐๐น๐๐ถ-๐ง๐ถ๐บ๐ฒ๐ณ๐ฟ๐ฎ๐บ๐ฒ ๐๐ผ๐ป๐๐ถ๐ฑ๐ฒ๐ฟ๐ฎ๐๐ถ๐ผ๐ป๐
The optional HTF filter allows traders to align lower timeframe analysis with higher timeframe pressure direction. When the HTF filter shows bullish pressure, traders may give more weight to bullish signals on lower timeframes. When HTF and LTF pressure align, this could suggest stronger directional conviction, though no outcome is guaranteed.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ถ ๐ง๐๐๐๐ก๐๐๐๐ ๐๐๐ง๐๐๐๐ฆ
โข Volume capping uses RMA-based averaging with a multiplier threshold
โข Statistical bands use SMA for basis with standard deviation for band width
โข Pivot detection uses left/right bar confirmation before registering swing points
โข Divergence requires both price pivot and OBV pivot to occur within a tolerance window
โข All signals fire on bar close only (non-repainting)
โข HTF data retrieved using request.security() with lookahead disabled
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ถ ๐จ๐ก๐๐ค๐จ๐ ๐๐๐๐ง๐จ๐ฅ๐๐ฆ
โข ๐๐ฑ๐ฎ๐ฝ๐๐ถ๐๐ฒ ๐ฉ๐ผ๐น๐๐บ๐ฒ ๐๐ถ๐น๐๐ฒ๐ฟ๐ถ๐ป๐ด: Volume cap adjusts dynamically to each symbol's activity profile, not a fixed threshold.
โข ๐ฆ๐๐ป๐ฐ๐ต๐ฟ๐ผ๐ป๐ถ๐๐ฒ๐ฑ ๐๐ถ๐๐ฒ๐ฟ๐ด๐ฒ๐ป๐ฐ๐ฒ: Requires pivot alignment between price and OBV within tolerance window, helping filter timing mismatches.
โข ๐๐ผ๐๐ฟ ๐๐ถ๐๐ฒ๐ฟ๐ด๐ฒ๐ป๐ฐ๐ฒ ๐ง๐๐ฝ๐ฒ๐: Detects Regular Bullish, Regular Bearish, Hidden Bullish, and Hidden Bearish patterns.
โข ๐๐
๐๐ฟ๐ฒ๐บ๐ฒ ๐ญ๐ผ๐ป๐ฒ ๐๐๐ฒ๐ป๐๐: Separate signals for entering extreme zones versus exiting them.
โข ๐๐ง๐ ๐๐น๐ถ๐ด๐ป๐บ๐ฒ๐ป๐: Optional higher timeframe filter for directional context.
โข ๐ก๐ผ๐ป-๐ฅ๐ฒ๐ฝ๐ฎ๐ถ๐ป๐๐ถ๐ป๐ด: All calculations use confirmed bar data only. Historical display matches live behavior.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ถ ๐ฆ๐๐ง๐ง๐๐ก๐๐ฆ ๐ข๐ฉ๐๐ฅ๐ฉ๐๐๐ช
โข ๐๐ฎ๐น๐ฐ๐๐น๐ฎ๐๐ถ๐ผ๐ป: HTF timeframe for OBV calculation
โข ๐ค๐๐ฎ๐น๐ถ๐๐: FlipGuard cooldown, cross gating, Z-score filtering, sequence requirements
โข ๐๐๐๐ถ๐๐๐: HTF alignment filter for directional context
โข ๐๐ถ๐๐ฒ๐ฟ๐ด๐ฒ๐ป๐ฐ๐ฒ: Minimum price swing filter (ATR-based) to control divergence sensitivity
โข ๐ฉ๐ถ๐๐๐ฎ๐น๐: Toggle divergence labels, extreme zone exit markers, and ribbon display
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ถ ๐๐๐๐ฅ๐ง๐ฆ
10 conditions available:
โข Cross Up / Cross Down: Basis line crosses
โข Breach Upper / Breach Lower: Extreme zone entries
โข Exit Upper / Exit Lower: Extreme zone exits
โข Bullish Divergence / Bearish Divergence: Regular divergence
โข Hidden Bullish / Hidden Bearish: Continuation divergence
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ถ ๐๐๐ ๐๐ง๐๐ง๐๐ข๐ก๐ฆ
โข ๐ฅ๐ฒ๐พ๐๐ถ๐ฟ๐ฒ๐ ๐๐ผ๐น๐๐บ๐ฒ ๐ฑ๐ฎ๐๐ฎ: Does not function on forex spot pairs or instruments without real volume data. The indicator requires actual volume to calculate OBV.
โข ๐๐ป๐ฎ๐น๐๐๐ถ๐ ๐๐ผ๐ผ๐น, ๐ป๐ผ๐ ๐ฎ ๐๐ถ๐ด๐ป๐ฎ๐น ๐ด๐ฒ๐ป๐ฒ๐ฟ๐ฎ๐๐ผ๐ฟ: This indicator shows where pressure exists and identifies structural conditions. It does not tell you when to trade. All trading decisions should incorporate additional analysis and risk management.
โข ๐๐ถ๐๐ฒ๐ฟ๐ด๐ฒ๐ป๐ฐ๐ฒ๐ ๐ฎ๐ฟ๐ฒ ๐ป๐ผ๐ ๐ด๐๐ฎ๐ฟ๐ฎ๐ป๐๐ฒ๐ฒ๐ฑ ๐ฟ๐ฒ๐๐ฒ๐ฟ๐๐ฎ๐น๐: Divergences indicate structural disagreement between price and volume. They can persist, fail, or resolve without the expected outcome. They should not be followed blindly.
โข ๐๐
๐๐ฟ๐ฒ๐บ๐ฒ๐ ๐ฐ๐ฎ๐ป ๐ฝ๐ฒ๐ฟ๐๐ถ๐๐: During strong trends, OBV can remain in extreme zones for extended periods. Statistical extension does not guarantee mean reversion.
โข ๐๐ฎ๐๐ฎ ๐พ๐๐ฎ๐น๐ถ๐๐ ๐ฑ๐ฒ๐ฝ๐ฒ๐ป๐ฑ๐ฒ๐ป๐ฐ๐: Effectiveness depends on market liquidity and volume data quality. Thinly traded instruments may produce less reliable readings.
โข ๐๐ฎ๐ด๐ด๐ถ๐ป๐ด ๐ถ๐ป๐ฑ๐ถ๐ฐ๐ฎ๐๐ผ๐ฟ: Like all volume-based indicators, signals are derived from historical data. By the time a divergence is confirmed, some of the move may have already occurred.
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๐ถ ๐๐ข๐ก๐๐๐จ๐ฆ๐๐ข๐ก
Plutus Flow provides a structured framework for analyzing On-Balance Volume through filtered accumulation, statistical banding, and divergence detection. The indicator is designed to help traders interpret volume-based pressure and identify structural conditions that may warrant further analysis.
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๐ถ ๐๐๐ฆ๐๐๐๐๐ ๐๐ฅ
Trading is risky and most traders lose money. This indicator is provided for informational and educational purposes only. It does not constitute financial advice, and past performance does not guarantee future results. All content, tools, and analysis should not be considered as recommendations to buy or sell any asset. Users are solely responsible for their own trading decisions. Always use proper risk management and consider consulting a qualified financial advisor before making trading decisions.
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Built with PineScript v6. Non-repainting. All signals confirmed on bar close.
[SUMIT] Trade line strategy 05:00pm to 11:00pm Trade line strategy 05:00pm to 11:00pm
This trading indicator is created by Sumit Ingole, an active trader from Maharashtra, India, with real-time market experience.
Based on practical trading and proven market understanding, it focuses on clarity and discipline.
Designed to support traders with clean structure and decision-making.
Best used with proper risk management and consistency.
This is a custom-built trading indicator designed to help traders identify clear market direction and high-probability entry zones.
The indicator focuses on: โข Trend direction
โข Strong price levels
โข Clear buy and sell signals
โข Easy-to-read structure
It is beginner-friendly and does not require complex market knowledge. The signals are based on pure price behavior and smart market movement, helping traders avoid confusion and overtrading.
This indicator works best when used with proper risk management and discipline. It can be applied on multiple timeframes and is suitable for intraday as well as swing trading.
Note:
This indicator is a support tool, not a guarantee of profits. Always follow your trading plan and manage risk properly.
S&P Trend [GIF]This trend indicator is based on the S&P Info Tech Stocks that are above the 50-Day (SKFI) and the 200-Day Average(SKTH). I personally like to use SKTH the most.
Why Info Tech Stocks?
The S&P 500 is weighted by the total market value of its constituent companies, so larger companies (like those in Tech) have a greater impact. Information Technology is by far the largest sector, influencing overall index performance significantly. As of early 2026, Information Technology as a whole is approximately 35% of the weighted S&P 500.
How It Works
Select whether you'd like the trend indicator to use SKTH or SKFI and the timeframe you'd like to use. Please keep in mind that SKTH and SKFI update daily and you cannot use a timeframe less than that.
Candle Colors
The candles will paint based on the following criteria:
Yellow = Extreme (both SKTH and SKFI are below 15)
Green = SKTH or SKFI are above 50 (based on selection)
Red = SKTH or SKFI are below 50 (based on selection)
When candles are green the upward trend is in tact. When candles turn red the trend has been lost and caution should be taken. When candles turn yellow we are at extremes and often times a reversal or dead-cat bounce can follow.
IMPORTANT NOTE:
Data for SKTH and SKFI only go back to 2015 in Tradingview. Candles before 2015 will paint red as there is no data.
Swing Confluence - Buy(BETA VERSION)Swing Confluence Buy Signals โ High-Probability Daily Setups (Beta Version)
Powerful swing trading indicator designed exclusively for DAILY charts.
Detects strong bullish confluence buy signals using 7 proven criteria:
โข Price above EMA 200
โข Not overextended (configurable max % above EMA 200)
โข Relative strength outperforming SPY
โข Stochastic reversal
โข Volume expansion
โข RSI > 50
โข Bullish MACD
Signals appear as colored circles below bars (yellow โ light green โ dark green based on 5/6/7 confluence score). Includes clear swing labels (HH/LH/HL/LL), EMA 200 & SMA 50 plots, and a real-time confluence dashboard showing every criterion.
Filter noise, catch trending moves early, and trade with confidence. Ideal for swing traders seeking high-conviction long entries.
Alerts included for new buy signals.
โ ๏ธ This indicator is currently in beta/testing phase and not fully finalized. Your feedback, suggestions, and ideas are highly welcome โ help me improve it!
MTF Dashboard V4 (Trend + RangeDetector)MTF Trend & Range Dashboard
This indicator is designed to provide a fast, decision-oriented market context by combining:
โ EMA-based trend detection
โ Multi-timeframe confirmation
โ Range vs expansion detection using recent price compression
The purpose of this dashboard is not to generate entries automatically, but to help traders:
โ avoid premature entries during ranges
โ identify alignment or conflict between timeframes
โ filter low-probability trades when short-term and higher-timeframe contexts diverge
The range detection logic is based on the price spread between the highest high and lowest low over a configurable number of candles. When this spread remains below a defined threshold, the market is considered in consolidation.
This indicator is particularly suited for intraday traders who work on a primary timeframe (e.g. M15) and need immediate contextual confirmation from surrounding timeframes (M5, M30, M45, etc.)
Volume Delta Highlighted (Pane)A simple volume delta indicator that highlights blue when the bar has no wicks and white with it has only opposite end wicks ,a good confluence and visual
note :
not as accurate as the paid tradingview indicator since it uses chart data
