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Candlestick analysis

FVG [Stansbooth]Fair Value Gap (FVG) Indicator Spot Institutional Imbalances. Trade the Rebalance. Fair Value Gaps reveal where price moved so aggressively that it left behind untraded zones—areas where smart money is likely to return. What It Detects Bullish FVG : Gap between Candle 1's high and Candle 3's low — expect price to retrace here for longs Bearish FVG : Gap between Candle 1's low and Candle 3's high — watch for shorts on the pullback Why Traders Love It Markets hate inefficiency. When price rockets through a zone without proper auction, it creates a magnet for future price action. This indicator automatically identifies these imbalances so you can anticipate high-probability reversal and continuation zones. Features Auto-detection of bullish and bearish FVGs Customizable gap visualization Works on all timeframes and instruments Clean, non-repainting logic Best Used With Order blocks, liquidity sweeps, and market structure breaks for confluence-based entries aligned with ICT and smart money concepts. Trade where institutions trade. Let price come to you.
Pine Script® indicator
by stansbooth789
SPY - VPIN [VWAP] - 195min/DailyVolume Synchronized Probability of INformed Trading (VPIN) modified with VWAP and extended to be applicable to higher timeframes (195min/daily). The buy/sell signal theoretically based on the informed decisions of smart money. For individual stocks, there is too much noise as a large fund liquidating can create false signals on the longer timeframe. Recommend to use on SPY to follow the movement of macro-based institutional funds. A sell signal here could mean, and this "could" is doing a lot of heavy lifting, a consensus among big players of impending systematic risk, and vice versa for buy signal. Institutions could be selling for whatever reason, and they usually sell over large periods. Also remember that this doesn't include dark pool data so it is half-baked. Signal basically showing when smart money smarts to buy during crash, or starts to sell during melt-up phase. This is not a complete buy/sell signal, it ONLY tries to show signals from the movement of large players so no red signal does not mean there isn't systematic risk and no green signal does not mean there is systematic risk. Combine this with other indicators. ***Remember that institutions also could be retarded, and their "informed" decision might just be them acting like a retard*** Best used on SPY on 195min timeframe. Use this signal on SPY on 195min timeframe to buy/sell high beta stocks indirectly.
Pine Script® indicator
by tastytomato677
1 PM IST MarkerThis lightweight Pine Script indicator automatically marks 1:00 PM IST on intraday charts, regardless of the chart’s timezone. It extracts the date from each bar and generates a precise timestamp for 13:00 in the Asia/Kolkata timezone. When a bar matches this time, the script draws a vertical red line across the chart and adds a small label for easy visual reference. The tool is useful for traders who track mid-session behavior, monitor liquidity shifts, or analyze post-lunch volatility patterns in Indian markets. It works on all intraday timeframes and require
Pine Script® indicator
by debashis1396
NIFTY, SENSEX AND BANKNIFTY Options Expiry MarkerNSE Options Expiry Background Marker Category: Date/Time Indicators Timeframe: Daily Markets: NSE (India) / Any Exchange Description Automatically highlights weekly and monthly options expiry days for NIFTY, BANKNIFTY, and SENSEX using color-coded background shading. Works across entire chart history with customizable transparency levels. Key Features ✅ Background Highlighting - Non-intrusive color shading on expiry days ✅ Multi-Index Support - NIFTY, BANKNIFTY, and SENSEX simultaneously ✅ Weekly & Monthly Expiry - Different transparency levels for easy distinction ✅ Customizable Expiry Days - Set any weekday (Mon-Fri) as expiry day ✅ Adjustable Transparency - Separate controls for weekly and monthly expiries ✅ Full Historical Data - Works on all visible bars across years ✅ Smart Monthly Detection - Automatically identifies last occurrence in month ✅ Color Coded - Blue (NIFTY), Red (BANKNIFTY), Green (SENSEX) Use Cases Options trading strategy planning Identify expiry day volatility patterns Visual reference for monthly vs weekly cycles Backtest strategies around expiry days Track multiple index expiries on single chart Technical Details Uses India timezone (GMT+5:30) for accurate date calculations Handles leap years automatically Smart algorithm identifies last weekday occurrence per month Works seamlessly on any chart timeframe (optimized for Daily) No performance impact - simple background coloring
Pine Script® indicator
by shreyasss
RG_CHARTS_TURNOVER_DAILYIn the context of the stock market, "turnover" typically refers to the stock market turnover ratio, a key indicator of market liquidity and trading activity. It measures how frequently the total value of shares traded on a market is relative to its overall size. This metric helps investors, analysts, and regulators gauge the efficiency and vibrancy of a stock exchange—higher turnover often signals a more liquid and active market where shares can be bought or sold easily without significantly impacting prices Why It MattersLiquidity Insight: High turnover reduces the risk of price slippage during trades. Investor Signals: Actively traded markets attract more participants; low turnover might indicate investor caution or market inefficiencies. Economic Indicator: Rising turnover can correlate with economic growth or speculation, while declines may signal recessions. Cross-Market Comparison: Emerging markets often have higher ratios due to fewer listed companies but intense trading, while developed markets prioritize stability.
Pine Script® indicator
by RG_Charts
1
Kai GoNoGo 2mKai GoNoGo 2m is a multi-factor trend confirmation system designed for fast intraday trading on the 2-minute chart. It combines EMAs, MACD, RSI and ADX through a weighted scoring model to generate clear Go / NoGo conditions for both CALL (long) and PUT (short) setups. The indicator paints the candles with pure colors to show the current strength of the trend: Strong Go (Bright Blue): Full bullish alignment across EMAs, momentum and trend strength. Weak Go (Light Blue): Bullish structure but with softer momentum. Weak NoGo (Light Pink): Bearish structure starting to develop. Strong NoGo (Bright Pink): Full bearish alignment across all components. Neutral (Gray): No trend, compression or transition phase. Components included: EMA Trend Structure (9/21/50/100/200) MACD Momentum (12-26-9) RSI Confirmation (14) ADX Trend Strength Filter via DMI (14,14) Scoring system inspired by the original GoNoGo concept, improved for speed-based trading. Designed for: Scalping, 0DTE options, FAST trend continuation entries, and momentum confirmation on QQQ, SPY, NQ, ES and high-beta names. This version uses pure colors (no gradients) for maximum clarity when trading fast charts.
Pine Script® indicator
by dgr_abogado
Quantum Flow ScannerOverview The Quantum Flow Scanner is a comprehensive technical analysis indicator that combines trend detection, momentum analysis, and dynamic band systems to identify potential market opportunities. This indicator uses advanced filtering techniques and multi-factor detection strength calculations to help traders make informed decisions. Key Features Trend Detection System Dual-period momentum analysis (Fast/Slow periods configurable) Pattern recognition engine that analyzes recent price movements Normalized momentum calculations adjusted for volatility Bull and Bear detection generation based on trend changes Dynamic Band System Adaptive bands that adjust to market volatility using ATR (Average True Range) Customizable band width and distance multipliers Optional midline, upper band, and lower band displays Visual channel fill options for enhanced clarity Background color coding for trend direction Detection Strength Rating Multi-factor detection strength calculation (25-92% range) Considers volatility, momentum, trend duration, and volume Higher timeframe alignment analysis Swing position evaluation Real-time percentage display on detections Performance Tracking Live performance statistics table Total detections counter Successful detections vs unsuccessful detections tracking based on configurable stop loss and take profit levels Success rate percentage calculation Average detection strength monitoring How It Works The indicator employs a sophisticated filtering mechanism based on pole-zero placement algorithms to smooth price data and calculate dynamic bands. When price crosses these bands in conjunction with momentum shifts, the indicator generates Bull or Bear detections. Detection strength is calculated using eight weighted factors: Market volatility assessment Momentum cluster analysis Distance from dynamic midline Trend consistency duration Higher timeframe trend alignment Volume profile analysis Candle strength evaluation Swing position context Configuration Options Period Settings: Fast Period (1-200): Controls short-term momentum sensitivity Slow Period (1-500): Defines longer-term trend context Pattern Recognition Length (5-50): Sets momentum analysis window Sensitivity Controls: Distance Multiplier (1.0-10.0): Adjusts band width relative to volatility Cluster Size (1-15): Number of bars analyzed for momentum clustering Display Options: Customizable detection colors Optional detection markers and percentage labels Dynamic band visibility toggles Channel fill options Background color coding Performance Tracking: Configurable stop loss and take profit levels (in points) Optional performance statistics table Success rate monitoring Use Cases This indicator is designed for: Trend identification across multiple timeframes Entry and exit timing optimization Market volatility assessment Detection quality evaluation through strength ratings Strategy performance tracking Important Notes This indicator is for educational and informational purposes only Past performance does not guarantee future results Always use proper risk management and position sizing Detections should be used as part of a comprehensive trading strategy Test thoroughly on historical data before live trading No indicator is 100% accurate; losses are part of trading
Pine Script® indicator
by MountainSky12
Key Levels by ROMKey Levels Pro — Long Description Key Levels Pro is a precision-built market structure indicator designed to instantly identify the most influential price zones driving intraday and swing-level movement. Using adaptive algorithms that track liquidity pockets, volume concentration, volatility shifts, and historical reaction points, the indicator automatically plots dynamic support and resistance levels that institutions consistently respect. Unlike static horizontal lines or manually drawn zones, Key Levels Pro continuously updates as new order-flow and volatility data comes in. This ensures the indicator reflects the real-time balance of buyers and sellers, not outdated swing points. The system classifies levels by strength, frequency of reaction, and current market interest. This helps traders instantly see which levels are likely to produce continuation, reversals, or liquidity grabs. High-probability zones are clearly highlighted, allowing you to plan entries, scale-outs, stop placements, and invalidations with confidence. Whether you trade futures, equities, crypto, or forex, Key Levels Pro becomes the backbone of your strategy. It simplifies complex price action into clean, actionable zones—and makes it easy to anticipate where momentum pauses, accelerates, or completely shifts.
Pine Script® indicator
by RomulusSX
New York Session Volume Momentum SystemNew York Session Volume Momentum System This indicator is specifically designed for stock trading during New York market hours on the 1-hour timeframe. It combines volume spike detection with adaptive volatility bands and directional momentum filtering to identify high-probability entry points during the most liquid trading sessions. Optimal Usage: Timeframe: 1-Hour chart (critical for proper signal generation) Market: U.S. stocks during New York open (9:30 AM - 4:00 PM EST) Asset Class: Equities with sufficient volume characteristics Technical Methodology: Volume Spike Detection: Continuously monitors volume relative to a 14-period moving average Identifies abnormal volume events (threshold: 1.0x average) which typically occur at market open and during significant price moves Volume confirmation reduces false signals during low-liquidity periods Adaptive Volatility Bands: Uses an 8-period volatility measurement (Average True Range) to create dynamic upper and lower bands Bands automatically tighten during volume spikes (0.8x multiplier) to capture early momentum shifts Trailing mechanism adjusts based on price action to lock in directional bias Directional Momentum Filter: Employs dual exponential moving averages (8-period fast, 21-period slow) to determine market bias When fast MA > slow MA: System only generates buy signals (bullish environment) When fast MA < slow MA: System only generates sell signals (bearish environment) Filter can be toggled off for range-bound markets Signal Generation Logic: VOL BUY/SELL: High-confidence signals requiring both momentum shift AND volume confirmation TREND FLIP: All momentum reversals (green to red or red to green) regardless of volume Signals only trigger on candle close to eliminate intra-bar repainting Visual labels placed dynamically using volatility-based spacing for clarity Risk Management Framework: This system is designed around a fixed risk-reward ratio methodology: Required Target: 2R (2x your initial risk) Stop Loss Placement: Place stops beyond the green/red momentum line (not the candle wick). This line represents the validated support/resistance level based on volatility and volume dynamics. Position Sizing: Calculate risk per trade based on distance from entry to stop loss Example: If your stop loss is $1 away from entry, your profit target should be $2 away The 2R target aligns with the statistical distribution of price moves following volume-confirmed momentum shifts on the 1-hour timeframe. Historical testing shows this ratio provides optimal balance between achievable targets and favorable win rates. Critical Entry Rules: AVOID EARNINGS REPORTS: Never trade signals on stocks during their earnings announcement days or the immediate session following earnings releases. Earnings volatility creates unpredictable price action that invalidates the volume/momentum relationship this system relies upon. Always check the earnings calendar before taking positions. Large Opening Candle Strategy: If the first 1-hour candle after New York open (9:30-10:30 AM EST) shows an unusually large range: DO NOT enter immediately on the signal WAIT for the second candle to form a pullback toward the momentum line Enter on the pullback candle when price approaches the green (for buys) or red (for sells) momentum line Benefit: This gives you a much tighter stop loss placement directly below/above the colored line, improving your risk-reward ratio significantly Why it works: Large opening candles often retrace before continuing, allowing better entry positioning without changing your 2R target Why 1-Hour and New York Open? The 1-hour timeframe captures institutional order flow without the noise of lower timeframes while remaining responsive enough for intraday position management. New York market hours provide the highest volume and liquidity for U.S. equities, making volume spike signals more statistically significant and reliable. Settings Overview: Volatility Period: 8 (optimized for 1H) Volatility Multiplier: 3.0 Volume MA Period: 14 Volume Spike Threshold: 1.0 Fast/Slow MA: 8/21 (responsive for hourly trading) Trend Filter: Enabled by default Alert options for both VOL signals and all trend flips Important Disclaimers: This indicator does not predict future price movements. It identifies historical patterns and volume anomalies based on mathematical calculations. The 2R target is a risk management guideline, not a performance guarantee. Market conditions vary, and not all setups will reach their targets. Proper position sizing, stop loss discipline, and understanding of market context are essential. This tool is most effective when combined with broader market analysis, sector rotation awareness, and sound trading psychology. Past signal accuracy does not guarantee future results. All trading involves risk of loss. Users should paper trade and backtest on their specific instruments before risking capital.
Pine Script® indicator
by RB_T
Aggressive ScalpingA high-precision intraday indicator designed for Nasdaq futures scalpers who need fast, reliable, and clean signals. This tool blends trend structure (Fast/Slow EMAs), volatility compression (ADX), momentum (RSI), and VWAP positioning to identify high-quality entries during the most active parts of the trading day. Key Components • EMA Trend Engine Fast EMA vs Slow EMA alignment helps identify micro-trend direction and early momentum shifts. • ADX Compression Filter ADX below a user-defined threshold highlights low-trend, high-compression zones—ideal for quick scalps and mean-reversion entries. Background shading optionally highlights these squeeze periods. • VWAP Context Filter An optional VWAP filter ensures long signals only trigger above VWAP and short signals only below—improving directional quality during intraday sessions. • RSI Extremes RSI helps prevent taking late momentum entries near exhaustion levels (overbought/oversold). Signal Conditions Long Signal • Fast EMA > Slow EMA • RSI below overbought • ADX < threshold (range/compression mode) • Price above VWAP (optional filter) Short Signal • Fast EMA < Slow EMA • RSI above oversold • ADX < threshold • Price below VWAP (optional filter) Alerts fire automatically when Fast EMA crosses Slow EMA and conditions confirm.
Pine Script® indicator
by MomentumCraft_
Cumulative Volume Delta CandlesCVD Trend Candles Visualize buying and selling pressure directly on your price candles. This indicator colors your candlesticks based on Cumulative Volume Delta (CVD), helping you see the underlying order flow driving price action. WHAT IS CVD? Cumulative Volume Delta estimates the difference between aggressive buying and selling volume on each bar. Positive delta indicates more aggressive buying; negative delta indicates more aggressive selling. COLOR METHODS ▸ CVD Raw The simplest view—candles are colored based purely on the raw delta of each bar. • Cyan = Positive delta (net buying) • Red = Negative delta (net selling) ▸ Rule-Based (Default) Uses Heikin Ashi-smoothed CVD candles with intensity based on trend strength: • Bright colors = Strong conviction (larger body + continuation) • Medium colors = Moderate conviction (continuation) • Dark colors = Weak/indecision (inside candles, hesitation) ▸ Size-Based Colors intensity based on z-score of delta changes: • Bright colors = Statistically significant delta (above strong threshold) • Medium colors = Moderate delta (above moderate threshold) • Dark colors = Normal/quiet delta KEY FEATURES ◆ Kalman Filter Smoothing Adaptive filtering reduces noise while staying responsive to genuine shifts in order flow. Adjust sensitivity with the Responsiveness and Kalman Gain settings. ◆ Inside Candle Rule When enabled, prevents false signals from inside candles that show a direction change but lack conviction. The candle retains the previous trend's color (dimmed) instead of flipping. ◆ Session Anchoring Optionally reset cumulative delta at a specific time (e.g., market open) for intraday analysis. ◆ Z-Score Thresholds Fine-tune what constitutes "strong" vs "moderate" delta activity for Size-Based coloring. HOW TO USE 1. Add the indicator to your chart 2. Set your chart type to "Line" or bring the indicator to front via Visual Order → Bring to Front 3. Select your preferred Color Method 4. Look for: • Sequences of bright cyan candles → Strong buying pressure / bullish momentum • Sequences of bright red candles → Strong selling pressure / bearish momentum • Fading colors → Weakening conviction, potential reversal or consolidation • Color flips → Shift in order flow dominance Notes • This indicator estimates delta from OHLCV data. For true order flow analysis, consider using tick or trade data from your broker/exchange. • Works on all timeframes and instruments with volume data. • Best used in conjunction with support/resistance levels, market structure, or other confluence factors.
Pine Script® indicator
by B3AR_Trades
RT-Main IndicatorThe RT-Main Indicator is the core indicator that started it all. Developed over more than 5 years, this all in one tool helps traders identify when market participants are buying and selling using multi-colored candles that update in real time. It also identifies key support and resistance levels with Rainbow Pivots and highlights unusual price movements with Whale Print arrows. At its core, the RT-Main Indicator tracks buying and selling with eight colors instead of two, because real world markets are complex and order flow should not be treated as purely binary(Red vs Green). Introduction The RT-Main Indicator is designed as a primary Rainbow Theory Tool. It uses color coded candles to show changes in strength, Rainbow Pivots to mark important support and resistance areas, and Whale Prints to flag abnormal buy and sell activity. The goal is to bring these components together into a single framework so traders can read trend, structure, and larger player behavior without stacking many separate indicators. This tutorial will cover each aspect of the tool: Colored Candles Whales are stealth experts and their strength is their ability to not be detected as they move the market. Rainbow Theory illuminates them from the shadows with a spectrum of specifically coded colors to display their unique strengths/weaknesses. In practice, this means the RT-Main Indicator uses internal strength and exhaustion metrics to color candles so that shifts in buying and selling pressure are easier to see. The base of the RT-Main Indicator is the colored candles it paints onto the chart. These colors automatically tune to the chart based on the timeframe the trader is currently using (1D, H12, H1, 15M, etc). Instead of painting charts with a single Bullish Color (Green) and a single Bearish Color (Red), Rainbow Theory breaks out and identifies these moves into four Bearish Colors (Red|Orange|Yellow|White) and four Bullish Colors (Green|Blue|Purple|Pink). Each color tells a different story of the trend and helps traders better understand the nature of the current trend. Bullish Colors #4 - Green Candles - Weakest bullish color, these trends can sustain for extended periods of time. #3 - Blue Candles - Strong bullish color, a move is starting to develop and can sustain. #2 - Purple Candles - Second strongest bullish color, Whales are committed to the move but cannot sustain this level of momentum for long durations and a top is near. #1 - Pink Candles - Strongest bullish color, Whales are using every single ounce of energy they have to push price up, the trend cannot be sustained and its time to take profits. Bearish Colors #4 - Red Candles - Weakest bearish color, these trends can sustain for extended periods of time. #3 - Orange Candles - Strong bearish color, a move is starting to develop and can sustain. #2 - Yellow Candles - Second strongest bearish color, Whales are committed to the move but cannot sustain this level of momentum for long durations and a bottom is near. #1 - White Candles - Strongest bearish color, Whales are using every single ounce of energy they have to push price down into all out capitulation, the trend cannot be sustained and its time to look for entries. How To Enable Colored Candles By default, the Indicator’s Candles are placed behind the default candles. To properly display them, you must bring them forward. To do this, click the settings icon on the indicator, click visual order and then click bring to front: Example - Bringing all the colors together into a Bearish Trend that reverses into a Bullish Trend: The color thresholds can be tuned using the following options: Automatic Tuning On/Off - Enables or disables the automatic color tuning that adjusts for each timeframe. Auto Tuning Gain (Inc/Dec) - Increases or decreases how aggressive the automatic tuning algorithm adjusts color tuning. Manual Fine Tuning - Linear Color Shift - Manually controls the linear sensitivity for color candle thresholds. This can be visualized as a setting being adjusted up or down in a straight, linear fashion. Linear Color Shift Manual Fine Tuning - Exponential Color Shift - Manually controls the exponential sensitivity for color candle thresholds. This can be visualized as a setting being adjusted in an exponential manner where each level moves in an exponential shift instead of all moving equally. Exponential Color Shift Dark Mode Some traders prefer light colored backgrounds for their charting, which can make white candles difficult to see. The RT-Main Indicator includes a Dark Mode toggle so colors stay readable on both dark and light charts. Dark Mode Candles On/Off - Forces the indicator to use the second color set stored in the Style tab in the RT-Main Indicator settings when using light backgrounds. The White/Black Candle can also have a custom color applied if the trader is not content with these two default options. Custom Candle Colors In addition to toggling between light and dark modes, each individual color used by the RT-Main Indicator can be edited in the Style tab. This allows traders to keep the same logic while adjusting the visual palette to match their own chart layout. Rainbow Rotations Rainbow Rotations are a feature traders use to catch reversals or reversions when a trend fully blows out. The algorithm triggers on the first weaker candle that closes after a Pink or White candle prints. The general idea of this event is to show peaks and valleys of an asset. In a strong bearish move, White candles mark extreme selling. If a weaker Yellow candle appears after a White candle, that first weaker candle is where the rotation event triggers and a Rainbow Rotation marker is placed on the chart. In a strong bullish move, Pink candles mark extreme buying. The first weaker bullish candle after a Pink candle triggers the opposite side rotation marker. Note that Rainbow Rotations can only be visible for a finite amount of candles. The Replay function in TradingView can be used to review previous triggers. Rainbow Rotation settings are available near the top of the settings menu: Rainbow Rotation Alerts On/Off - Toggles these signals on or off with one click. Rainbow Rotation Symbol - Customizes the symbol that is plotted on the chart for Rainbow Rotations. Both text and emojis can be used instead of the default symbol. Rainbow Rotation Alerts Rainbow Rotations can also be automated with standard TradingView alerts. To set this up: Click the Alert icon on the right side of the screen. Change Condition to the RT-Main Indicator. Change the second condition to one of the three options: Bullish Alerts | Bearish Alerts | Bearish and Bullish Alerts Set Trigger to Once Per Bar Close. Once set up, this allows traders to be notified when the RT-Main Indicator detects an extreme bullish or bearish trend that is starting to reverse. Automated Pivots One of the RT-Main Indicator's most powerful functions is the automated support and resistance pivots. This logic uses two internal bots that are tuned to look for potential support and resistance order blocks. The Resistance Pivot Bot prints lines that are painted with red dashes. The Support Pivot Bot prints lines that are painted with green dashes. Regardless of the color of the dashed pivot line, any trend that approaches a pivot should be respected. For example, a trend moving up towards a green support pivot should still treat that area as resistance if price is approaching from below. As the algorithm continues to print additional pivots on the chart, traders can start identifying order blocks that are otherwise hidden in the price action. These order blocks are key support and resistance areas that trends will often interact with and respect. Multiple stacked pivots in the same region are a visual clue that such an order block has formed. Pivots can be tuned with the following options: Pivot On/Off - Quickly toggles all pivots on or off. Pivot Style - Switches between different styles of marking pivots. Pivot Sensitivity (Inc/Dec) - Tunes the sensitivity of the pivot algorithms. Adjusting this changes how many pivots are printed on the chart. Pivot Line Drawing Length - Controls how long the indicator draws the pivot lines. Resistance / Support Pivot Colors - Allows customization of pivot colors to match the rest of the chart. Whale Prints One of the most important parts of the RT-Main Indicator is tracking Whale Prints. This portion of the script looks for abnormal buys and sells that are more consistent with large players than typical flow. Under normal circumstances, whales try to avoid being visible when they buy or sell, but there are times where they are forced to come out of hiding and deliberately move the market. The Whale Print logic is tuned to notify the trader when it detects that this type of unusual activity may be occurring. Bearish Whale Prints are marked on the chart with a red triangle. Bullish Whale Prints are marked on the chart with a green triangle. Whale Print clusters are situations where multiple Whale Prints have been identified in the past 10 candles. While individual Whale Prints are useful, clusters of Whale Prints are particularly important because they often signal that a very large move is potentially being prepared/defended. The Whale Print table is an active tracker that counts the number of bullish and bearish Whale Prints that have occurred in the past 10 candles. Whale Print settings can be tuned with: Whale Print Clusters Table On/Off - Toggles the Whale Print table on or off with one click. Whale Print Clusters Alerts On/Off - Toggles the Whale Print cluster symbol on or off. Whale Print Cluster Symbol - Changes the symbol on the chart for Whale Clusters. Emojis and text can both be used instead of the default symbol. Whale Print Cluster Bullish/Bearish Label Color - Customizes the color of the Whale Print cluster labels on the chart. Whale Print Cluster Alerts Whale Print Cluster alerts can be automated with standard TradingView alerts. To set this up: Click the Alert icon on the right side of the screen. Change Condition to the RT-Main Indicator. Change the second condition to one of the two options: Bull Whale Cluster Alert | Bear Whale Cluster Alert Set Trigger to Once Per Bar Close. Once set up, this allows traders to be notified when the RT-Main Indicator detects a Whale Print Cluster. Bull/Bear Trend Step Line The inflection point of the colored candles is controlled by the Bull/Bear Trend Step Line. This is the grey stepped line on the chart where the bullish and bearish colors meet. Candles above this line are marked by the four bullish candle colors. Candles below this line are marked by the four bearish candle colors. The Bull/Bear Trend Step Line can be tuned with: Bull/Bear Line Offset - Controls a vertical threshold for the line. Bull/Bear Line Smoothness - Controls the sensitivity and smoothness of the line so traders can fine tune it for their specific setups. Most traders do not adjust the Bull/Bear Step Line. The small group that does typically only use these settings for lower timeframe trading setups below 5 minute candles. If preferred, the line can be recolored or hidden from the Style tab of the RT-Main Indicator without changing how the core color logic works. Important Note The RT-Main Indicator is intended to provide additional context around trend strength, exhaustion, and key areas of support and resistance. It is not a standalone signal generator and should always be used together with your own analysis, testing, and risk management. Historical color patterns, pivots, and Whale Prints do not guarantee future results. 🐋 Tight lines and happy trading!
Pine Script® indicator
by RainbowRunner144
Hammer Model [#]Hammer Model - HTF Candle Entry Model Overview The Hammer Model is a sophisticated technical indicator that identifies high-probability reversal setups based on Higher Timeframe (HTF) candlestick wick rejection patterns. Unlike traditional hammer pattern indicators that simply flag candle formations, this system provides a complete trading framework with precise entry zones, stop loss placement, and multiple take profit targets calculated using statistical projections. What Makes This Different Proprietary Signal Filtering: This indicator uses a proprietary algorithm that analyzes multiple market structure conditions to filter out low-quality hammer patterns. Only the highest-probability setups are displayed, significantly reducing false signals compared to standard pattern recognition tools. Dynamic Quadrant Mapping: Rather than basic support/resistance levels, the system divides each qualified hammer candle into three distinct zones (Upper Wick, Body, and Lower Wick), with precise .25, .5, and .75 subdivision levels for granular entry and exit planning. Multi-Standard Deviation Projections: The indicator automatically calculates TP1 and TP2 targets based on the wick's range, along with optional 1-4 standard deviation extension levels for position scaling and profit maximization. How It Works Signal Generation @ Candle Close/New Candle Open The indicator monitors your chart for HTF candles that meet specific criteria: Bullish Hammer: Lower wick must be significantly larger than the body Bearish Hammer: Upper wick must be significantly larger than the body When both wicks qualify, the indicator selects the larger wick as the primary signal, depending on conditions set. Visual Components Bullish Setups: SL: Stop loss level (below lower wick) ENTRY: Entry zone (candle body range) .25/.5/.25: Wick quadrant levels for scaling entries TP1/TP2: First and second take profit targets 1-4STDV: Advanced/Long Range Targets Bearish Setups: SL: Stop loss level (above upper wick) ENTRY: Entry zone (candle body range) .25/.5/.25: Wick quadrant levels for scaling entries TP1/TP2: First and second take profit targets 1-4STDV: Advanced/Long Range Targets HTF Candle Overlay (Optional): Displays the actual HTF candle that generated the signal Shows Open, High, Low, and Close lines for context Trading the Signals For Bullish Hammers (Long): Entry is @ HTF Candle Close / New HTF Candle Open (or wait for a .25-.5 wick retrace) Place stop loss at or 1 tick below the SL level (lower wick low) Target TP1 (1x wick range above) and TP2 (2x wick range above) and STDV Use .25/.5/.25 levels to scale into positions or manage partial exits For Bearish Hammers (Short): Entry is @ HTF Candle Close / New HTF Candle Open (or wait for a .25-.5 wick retrace) Place stop loss at or above the SL level (upper wick high) Target TP1 (1x wick range below) and TP2 (2x wick range below) and STDV Use .25/.5/.25 levels to scale into positions or manage partial exits Key Settings Hammer Model Conditions Bullish/Bearish: Toggle which direction setups to display 1-2STDV / 3-4STDV: Show extended projection levels HTF Liquidity Sweep: Filter for setups that swept previous HTF highs/lows (proprietary) Wick Size: Require larger wick-to-body ratio (1.75x vs 1x) Time Filters: Isolate setups during specific trading sessions (NY AM/PM, Asia, London) Hourly Filters: Target setups that form during specific hour segments (useful for lower timeframes) Display Options Show Recent Hammer Models: Limit how many setups display on chart (default: 4) Unlimited: Show all historical setups Candle Quadrants: Toggle .25, .5, .25 subdivision lines HTF Candle Overlay: Display the actual HTF candle that generated the signal Timeframes 1min chart → 15min HTF (scalping) 5min chart → 1H HTF (day trading) 15min chart → 4H HTF (swing trading) 1H chart → Daily HTF (position trading) The indicator automatically selects appropriate HTF pairs Why Closed Source This indicator is closed source to protect proprietary filtering algorithms that determine which hammer patterns qualify as valid signals. These filters analyze specific market structure conditions, liquidity dynamics, and statistical thresholds that have been developed through extensive backtesting, data logging over 1 years time, and represent the core intellectual property of this system. The filtering methodology is what separates this from basic pattern recognition tools and delivers higher-probability setups. To learn how to learn more about this system see Author Notes. Best Practices Confluence: Use this indicator alongside trend analysis, key support/resistance levels, or volume profiles Risk Management: The SL levels provide clear invalidation points - always honor them Scaling: Use the quadrant levels (.25/.5/.25) to scale into positions rather than entering full size at once Session Filters: Enable time filters to focus on setups during high-liquidity sessions Backtesting: Review historical signals on your preferred instruments to understand typical behavior and win rates Notes The indicator displays a table in the top-right showing the current chart timeframe and HTF being analyzed Only charts with sufficient historical data will display all past signals The "Unlimited" option may cause performance issues on very low timeframes with extensive history Disclaimer: This indicator is a tool for technical analysis and risk management education and does not guarantee profitable trades. Always practice proper risk management and position sizing. Past performance does not indicate future results
Pine Script® indicator
by Shulkins
SwRp – HTF Candle Box OverlaySwRp – HTF Candle Box Overlay gives you a clear visual map of higher-timeframe candles directly on your lower-timeframe chart. Instead of switching timeframes, you can see the structure of each HTF candle plotted as colored boxes that update in real time as the candle forms. Each HTF candle is drawn using two elements: • A wick box showing the full high-to-low range • A body box showing the open-to-close move with automatic bull/bear coloring Both boxes follow the exact HTF open, high, low and close values, and they stay correctly anchored to price using bar-time positioning. You can customize opacity, body/wick visibility, border color, and the number of HTF candles to keep on the chart. The indicator automatically removes older candles when they exceed your set limit, so the chart stays clean. This tool is ideal for traders who want to see HTF structure, zones, and candle behavior while analyzing entries and exits on smaller timeframes. Key Features • Overlay higher-timeframe candles on lower-timeframe charts • Real-time updating of HTF candle body and wick • Bull/bear body coloring with full opacity controls • Independent toggles for body and wick fills • Automatically remove older HTF candles to keep the chart clean • Accurate price anchoring using bar-time for all boxes • No extra lines, labels, or clutter — a clean visual multi-timeframe view This indicator offers a simple, clear way to track the behavior of higher-timeframe candles without leaving your current chart, helping you combine HTF context with LTF execution more effectively.
Pine Script® indicator
by swaropz