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Candlestick analysis

GRID EXTENSIONGRID EXTENSION Overview The GRID EXTENSION is a simple grid-based indicator for TradingView, built with Pine Script v6. It plots horizontal price levels starting from a user-defined anchor price, with spacing set by a tick increment. Use it to identify key support, resistance, or price zones on charts for Crypto, Forex, or Futures. Key Features Custom Grid Levels: Plot up to 22 levels (e.g., 0, 0.25, 1.25, -2.50) with options to show/hide, set values, and choose colors. Market-Specific Tick Increments: Select your asset type (Crypto, Forex, Futures) and choose from a range of tick increments tailored for each market: Crypto: 1 to 5000 ticks (e.g., 100 ticks = $0.001 on ADA/USD, 5000 ticks = $50 on BTC/USD). Forex: 5 to 5000 ticks (e.g., 100 ticks = 1 pip on EUR/USD, 5000 ticks = 50 pips). Futures: 1 to 2500 ticks (e.g., 25 ticks = 6.25 points on E-mini S&P 500, $312.50 per contract). Visual Options: Extend lines to the right. Show price and level labels (as values or percentages). Place labels on the left or right. Adjust background transparency for filled areas between levels. How to Use Set Asset Type: Choose "Crypto," "Forex," or "Futures" to match your chart. Set Anchor Price: Enter a starting price for the grid. Pick Tick Increment: Select a tick increment from the dropdown, following the guidance for your asset type (see Key Features). Customize Levels: Turn levels on/off, set values, and pick colors. Add to Chart: Apply the indicator to see the grid on your chart. Tips Use levels to mark support/resistance zones for entries or exits. Extend lines to project future price zones. Choose smaller increments (e.g., 5 ticks) for scalping, or larger ones (e.g., 1000 ticks) for swing trading. Combine with indicators like moving averages for better signals. Settings Asset Type: Select "Crypto," "Forex," or "Futures" (default: "Crypto"). Anchor Price: Starting price for the grid (default: 0.0). Tick Increment: Space between levels (options: 1, 5, 10, 25, 50, 100, 250, 500, 1000, 2500, 5000). Choose based on asset type. Extend Right: Extend lines to the right (default: true). Show Prices: Show price labels (default: true). Show Levels: Show level values or percentages (default: true). Format: Display levels as "Values" or "Percent" (default: "Values"). Labels Position: Place labels on "Left" or "Right" (default: "Left"). Background Transparency: Set transparency for filled areas (default: 100, range 0-100). Level Options: Enable/disable levels, set values, and choose colors. Notes Set the anchor price to a key level (like a recent high or low) for best results. Check the tick increment tooltip to ensure the spacing suits your market type. Works on any chart, best for clear price trends or ranges. Acknowledgments Made with Pine Script v6 for TradingView. This is v1.0—feedback welcome for future updates!
Pine Script® indicator
by JhaloDioh
Essa - Yearly High, Low & MidYearly High, Low & Midpoint Indicator This TradingView indicator helps traders track key yearly price levels by plotting the high, low, and midpoint values for each year within a user-specified range. Features & Functionality: Automatic Yearly Calculation: Determines the highest and lowest price for each year and computes the midpoint as their average. Clear & Customisable Visuals: The Yearly High is plotted as a solid green line. The Yearly Low appears as a solid red line. The Midpoint is displayed as a blue dashed line for easy distinction Detailed Labels: Each level is labeled at the far right of the chart, showing the year, level type (High, Low, or Mid), and price (e.g., 2016 High - 1.20000). Labels are right-aligned in white, ensuring clear visibility against any background. This indicator is perfect for traders who rely on long-term technical analysis, providing a quick and structured way to visualise significant yearly price levels.
Pine Script® indicator
by Essa02
BRT CHARTS MTFDescription of the Indicator This indicator is designed to visualize and analyze price movements across multiple timeframes simultaneously. It displays candles from selected time intervals directly on the current chart, allowing traders to quickly assess market conditions without switching between different timeframes. This is particularly useful for traders who use multi-timeframe analysis to make trading decisions. Key Features of the Indicator: 1. Displaying Candles from Multiple Timeframes: - The indicator allows you to select three timeframes (e.g., 1 hour, 4 hours, and 1 day) and displays their candles on the current chart. This helps to see the overall market picture without switching between charts. - Candles are displayed as vertical columns, each containing the body and wicks (shadows) of the candle. The colors of the candles (green for bullish and red for bearish) are customizable. 2. Dynamic Updates: - The indicator automatically updates the candles as new data arrives, allowing you to track market changes in real time. 3. Customizable Number of Candles: - The user can choose how many candles to display for each timeframe (default is 4 candles). This allows the indicator to be adapted to individual needs. 4. Range Display (High/Low): - The indicator can show High and Low levels for each timeframe, helping to identify key support and resistance levels. - It is also possible to display the Mid level (average between High and Low), which can be useful for identifying consolidation zones. 5. Data Table: - The indicator supports displaying a table with key levels (High, Low, Mid) for each timeframe. The table can be placed in any corner of the chart, and its size and text/background colors are customizable. 6. Flexible Appearance Settings: - The user can customize the colors of the candles, their wicks, High/Low/Mid levels, as well as the placement of the columns on the chart. How the Indicator Helps in Trading: - Multi-Timeframe Analysis: The indicator allows you to analyze multiple timeframes simultaneously, helping to better understand the overall trend and find entry points. For example, if the trend is bullish on the daily timeframe and there is a correction on the hourly timeframe, this could be a good opportunity to buy. - Identifying Key Levels: Displaying High, Low, and Mid levels helps quickly identify support and resistance zones, which is useful for setting stop-loss and take-profit levels. - Time-Saving: The indicator eliminates the need to switch between timeframes, speeding up the analysis and decision-making process. - Visual Clarity: Visualizing candles from different timeframes on a single chart makes analysis more convenient and intuitive. Example Use Cases: 1. Trend Trading: If a clear uptrend is visible on the daily timeframe and a correction is occurring on the hourly timeframe, you can look for buy opportunities near support levels. 2. Range Trading: If the price is moving sideways across all timeframes, you can use High and Low levels to trade from the boundaries of the range. 3. Identifying Reversal Points: If the price approaches a key resistance level on the higher timeframe and a bearish candle forms on the lower timeframe, this could be a signal to sell. Conclusion: This indicator is a powerful tool for traders who use multi-timeframe analysis. It helps quickly assess market conditions, identify key levels, and make informed trading decisions. Thanks to its flexible settings, the indicator can be adapted to any trading style and visualization preferences.
Pine Script® indicator
by MaxBRFZCO
Auto Fib Retracement with Buy/SellKey Features of the Advanced Script: Multi-Timeframe (MTF) Analysis: We added an input for the higher timeframe (higher_tf), where the trend is checked on a higher timeframe to confirm the primary trend direction. Complex Trend Detection: The trend is determined not only by the current timeframe but also by the trend on the higher timeframe, giving a more comprehensive and reliable signal. Dynamic Fibonacci Levels: Fibonacci lines are plotted dynamically, extending them based on price movement, with the Fibonacci retracement drawn only when a trend is identified. Background Color & Labels: A background color is added to give a clear indication of the trend direction. Green for uptrend, red for downtrend. It makes it visually easier to understand the current market structure. "Buy" or "Sell" labels are shown directly on the chart to mark possible entry points. Strategy and Backtesting: The script includes strategy commands (strategy.entry and strategy.exit), which allow for backtesting the strategy in TradingView. Stop loss and take profit conditions are added (loss=100, profit=200), which can be adjusted according to your preferences. Next Steps: Test with different timeframes: Try changing the higher_tf to different timeframes (like "60" or "240") and see how it affects the trend detection. Adjust Fibonacci settings: Modify how the Fibonacci levels are calculated or add more Fibonacci levels like 38.2%, 61.8%, etc. Optimize Strategy Parameters: Fine-tune the entry/exit logic by adjusting stop loss, take profit, and other strategy parameters. This should give you a robust foundation for creating advanced trend detection strategies
Pine Script® indicator
by Arif_Reza
5 Consecutive Candle Alert Multi-TimeframeMaximize your trading strategy with our sophisticated "5 Consecutive Candle Alert Multi-Timeframe" indicator, designed for the TradingView platform using Pine Script version 6. This custom indicator is meticulously crafted to monitor five consecutive green or red candles across multiple key timeframes, including 1-minute, 5-minute, 15-minute, 1-hour, and 4-hour charts. **Key Features:** - **Multi-Timeframe Analysis:** Simultaneously tracks and alerts on consecutive candle patterns across five different timeframes, providing a comprehensive view of market momentum and trend consistency. - **Custom Alerts:** Receive real-time notifications when five consecutive green or red candles close on any of the specified timeframes. These alerts are tailored to keep you abreast of significant market movements, enabling timely and informed trading decisions. - **Easy Visualization:** Uses distinct plotting features to clearly mark the occurrence of these patterns directly on your trading chart. Green labels below the bar indicate a bullish streak, while red labels above the bar denote a bearish streak, making it visually intuitive. - **Precision and Confirmation:** Integrates Pine Script's `barstate.isconfirmed` to ensure alerts are based on fully formed candles, adding an extra layer of precision to your trading signals. **Ideal for Traders Who:** - Are momentum or trend traders looking for clear signals of market continuation or potential exhaustion. - Want to enhance their trading decisions by analyzing behavior across multiple timeframes from a single chart. - Prefer to be alerted about significant events without the need to constantly monitor the charts. **How to Use:** Simply add this script to your TradingView chart, customize the alert settings in the TradingView UI according to your preferences, and start receiving alerts that help you capitalize on market movements efficiently and effectively. Leverage the power of advanced scripting to make your trading as proactive and responsive as possible. Try out our "5 Consecutive Candle Alert Multi-Timeframe" indicator today and experience a significant improvement in your trading approach!
Pine Script® indicator
by ote618
2
EUR - Intrinsic value🔹 Introduction The EUR - Intrinsic Value indicator is a unique tool that reconstructs the intrinsic value of the euro by aggregating the main Forex pairs associated with the EUR. This indicator provides a clearer view of the overall trend of the euro , independently of any specific currency pair. It allows traders to better anticipate movements in EURUSD , especially when combined with the U.S. Dollar Index (DXY) . By analyzing both, traders can identify moments of strong momentum and optimize their trade entries. 🔹 How to Use the Indicator? 1️⃣ Add the Indicator to a Chart: The indicator plots candles representing the intrinsic value of the EUR (see Technical information below). 2️⃣ Analyze the DXY Trend: 🔵 If DXY is rising → Bearish momentum likely for EURUSD and other USD pairs. 🔴 If DXY is falling → Bullish momentum likely for EURUSD and other USD pairs. ⚫ If DXY is ranging → Consolidation likely, be cautious of false breakouts . 3️⃣ Confirm with EUR: 🔥 DXY falling + EUR rising → EURUSD likely to surge with strong momentum 📈 ❄️ DXY rising + EUR falling → EURUSD likely to drop with strong momentum 📉 4️⃣ Adjust Strategy Based on Context: Wait for confirmations at key support/resistance levels and use other tools to validate trade entries. 🔹 What Value Does This Indicator Provide ? The EUR - Intrinsic Value indicator offers multiple advantages for trading EURUSD and other EUR-related pairs: ✅ Trend Identification: Determine if the euro is in an uptrend, downtrend, or consolidation phase , regardless of individual currency fluctuations. ✅ Better Trade Timing: Combining this indicator with the Dollar Index (DXY) helps detect setups where EURUSD is likely to experience strong momentum . ✅ A Complementary Tool for Price Action : Use this indicator alongside other technical tools to confirm optimal trade entry/exit points. 🔹 Visual Examples Shift in market structure in DXY and in EUR in the same time , giving a trend and strong momentum on EURUSD : This indicator works on any timeframe (even sub 1m) Note : I use Watermark° script from toodegrees , to show the currency and the timeframe on the top right of charts. 🔹 How Does the Indicator Work? The indicator is based on a weighted average of the euro’s movements against seven major currencies: 📌 Currencies Included in the Calculation: EURUSD (Euro vs U.S. Dollar) EURCAD (Euro vs Canadian Dollar) EURGBP (Euro vs British Pound) EURCHF (Euro vs Swiss Franc) EURAUD (Euro vs Australian Dollar) EURNZD (Euro vs New Zealand Dollar) EURJPY (Euro vs Japanese Yen) The indicator extracts opening, closing, high, and low prices from each pair and create an independent value of the EUR , displayed as a custom candle chart. 🔹 Why Is This Indicator Unique? Unlike traditional indicators that rely on a single pair, this tool artificially recreates an index for the euro by combining multiple currency pairs. This gives a broader perspective and helps traders to better time entry/exit points . Rather than relying on a simple average , it accounts for the dynamic changes in EUR across multiple markets simultaneously . 🔹 Technical Information 📊 Display: Custom candles representing the intrinsic value of the EUR. ⏳ Supported Timeframes: Compatible with all timeframes. ⚠️ Limitations: This indicator does not provide direct buy/sell signals but serves as a contextual tool to improve EUR trading decisions. This is an indicator, it means you can't use other indicators on it . You can draw on it, but your draws will not be able to stay magnet to the EUR indicator Follow this three simple steps below to use this indicator on TradingView : Select any forex pair on your chart (important to get a correct chart) Hide it by clicking the 3 dots and then "Hide" Add the "EUR - Intrisic value" indicator to your chart and set it as Full screen 🔹 Conclusion The EUR - Intrinsic Value indicator is a powerful tool for traders looking to anticipate euro movements in the Forex market. By combining it with DXY and other technical analysis tools, it provides a clearer understanding of trading opportunities , reducing false signals and improving decision-making. 🚀 Use this indicator to refine your trade entries and capitalize on the best market opportunities! 🔥 ⚠️ Terms and Conditions ⚠️ This financial tool is for educational purposes only and not financial advice. Users assume responsability for decisions made based on the tool's information. Past performance doesn't guarantee future results. By using this tool, users agree to these terms.
Pine Script® indicator
by Max-Mennace
Range%This indicator displays the range of each candle i.e. High minus Low as a percentage of the previous closing price. It does not account for gaps, making it particularly useful for intraday trading. By tracking the volatility cycle of candles, this indicator helps identify periods of increased or decreased market volatility, allowing traders to pinpoint the best days to execute trades. If the Range% is below low line candles will turn White and If Range% is above the High Line Candles will turn Red.
Pine Script® indicator
by Teji_Singh
Zone Marker ProZone Marker Pro – Advanced Market Zone Identification Tool This indicator applies a dynamic price zone detection model built on custom logic, inspired by trend-following methodologies. It helps traders visualize market structure through zone detection and price retest markers. 🔹 Key Features: ✅ Identifies key price zones – Automatically detects significant areas where price reactions may occur. ✅ Dynamic Zone Adaptation – Adjusts to price changes, improving visibility of market conditions. ✅ Clear visualization of market zones – Highlights price areas for enhanced analysis. ✅ Custom alerts for market zone tracking – Set notifications when price reaches relevant levels. ✅ Supports market zone analysis across different timeframes. 📌 How to Use Zone Marker Pro? 1️⃣ Add the indicator to your chart – It will automatically highlight important price zones. 2️⃣ Observe visual markers – Blue and purple labels indicate key market reaction areas. 3️⃣ Utilize built-in alerts – Receive updates when price enters important zones. 4️⃣ Monitor multi-timeframe data – The table in the top right provides an overview of detected market zones. 🚀 Why Use Zone Marker Pro? 🔹 Helps identify important price levels without manual zone drawing. 🔹 Adjusts dynamically to price structure and volatility. 🔹 Useful for traders who want to track market zone formations. 🔹 Designed to enhance market zone identification and should be used alongside other analysis methods. 💡 This indicator does not generate trading signals but serves as a market analysis tool for identifying dynamic price zones. ✅ Additional Notes: This indicator uses a custom methodology to identify key price zones. Designed for traders who seek a clearer market overview and faster reaction to price movements. 🛠 Recommended for: Forex, cryptocurrencies, stocks, indices. 📢 Enable alerts and optimize your market analysis with Zone Marker Pro! 🚀
Pine Script® indicator
by UpTrendChart
Two-Candle Highs & LowsSimple indicator which highlights highs and lows as two-candle reversal patterns: 1. High pattern : A bullish candle followed by a bearish candle, marking the highest price of the two. 2. Low pattern : A bearish candle followed by a bullish candle, marking the lowest price of the two. It draws horizontal lines at the high/low levels, making it useful for price action analysis such as identifying potential reversals or support/resistance zones.
Pine Script® indicator
by matthewvella
Nimu Market on Paper Multi-Timeframe Analysis Tool is a powerful visual aid for identifying trends, reversals, and key price movements across multiple timeframes — particularly useful for intraday traders and those using technical analysis strategies Timeframes & Data Collection: The script tracks multiple timeframes (1m, 5m, 15m, 30m, 1H, 2H, 4H, 8H), storing their open, high, low, and close prices in arrays (trdh, trdc, trdo, trdl). It uses request.security() to fetch these values for the current symbol and specified timeframes . User Inputs: Base Timeframe: Chooses the primary timeframe for analysis. Bar Count: Determines how many bars to display. Border Thickness: Sets the visual thickness of box borders. Colors: Configurable for bullish, bearish, background, and borders Visual Elements: Dynamic Boxes: Drawn using box.new(), these illustrate the range between high and low prices with the percentage change displayed inside. Candlestick Plots: Rendered for each tracked timeframe using plotcandle(), colored according to bullish or bearish price action and styled based on timeframe scaling. Regression Line: A linear regression line plotted over the selected timeframe’s close prices to capture trend direction. Logic & Presentation: Determines the right timeframe index based on user input (base). Calculates percentage change from high to low and visualizes it with shaded boxes. Automatically deletes older boxes to maintain clarity. Customizes candle appearance based on timeframe granularity.
Pine Script® indicator
by jahjae
1
Momentum Candle Identifier # Momentum Candle Identifier This indicator helps traders identify significant momentum candles by analyzing candle body size relative to recent price action (think after consolidation periods). Unlike traditional volatility indicators, this tool specifically focuses on price movement captured by the candle body (open to close distance), filtering out potentially misleading wicks. ## How It Works - The indicator calculates the average candle body size over a user-defined lookback period - Momentum candles are identified when their body size exceeds the average by a customizable threshold multiplier - Bullish momentum candles (close > open) are highlighted in a user defined color - Bearish momentum candles (close < open) are highlighted in a user defined color - A real-time information panel displays key metrics including current average body size and threshold values ## Key Features - Focus on candle body size rather than full range (high to low) - Custom lookback period to adapt to different timeframes - Adjustable threshold multiplier to fine-tune sensitivity - Customizable colors for bullish and bearish momentum candles - Optional labels for momentum candles - Information panel showing lookback settings, average size, and momentum candle count ## Usage Tips - Use shorter lookback periods (3-5) for more signals in choppy markets - Use longer lookback periods (8-20) to identify only the most significant momentum moves - Higher threshold multipliers (2.0+) will identify only the strongest momentum candles - Combine with trend indicators to find potential reversal or continuation signals - Look for clusters of momentum candles to identify strong shifts in market sentiment This indicator helps identify candles that represent significant price movement relative to recent activity, potentially signaling changes in market momentum, sentiment shifts, or the beginning of new trends.
Pine Script® indicator
by IndicatorCraft
Zen ABR### **Average Bar Range (ABR) Levels** – A Simple Yet Powerful Scalping Tool The **ABR Levels** indicator dynamically calculates the **average bar range** and plots three key levels on your chart: ✅ **0.5x ABR** – Half the average bar range ✅ **1x ABR** – The full average bar range ✅ **2x ABR** – Double the average bar range This provides an **instant volatility gauge**, helping traders adjust position size, stop losses, and targets **based on current market conditions** rather than arbitrary numbers. ### **How It Works** - The indicator calculates **the average range of the last 8 bars** (default setting, adjustable). - The **ABR levels update in real time**, appearing in the **top-right corner of your chart** for easy reference. - Works across **any instrument and timeframe** – great for scalpers and intraday traders. ### **Why Use ABR Levels?** 🚀 **Avoid oversized losses** – Trade dynamically instead of using fixed stops and targets. 📉 **Recognize shifts in market conditions** – Identify when volatility is expanding or contracting. 🎯 **Refine your entries & exits** – Use ABR levels to **scale** your positions intelligently. ### **Pro Tip:** Never enter a trade **aiming for half-R** profits. If a trade goes badly, **you might manage it to break even or half-R**, but aiming for tiny wins will **wreck your long-term edge**. 🔹 **This script is open-source!** If you're not on TradingView, you can copy the code into any AI tool to generate it for your platform. 🚀
Pine Script® indicator
by Zen_Trading_Tech
1
Heikin-Ashi Reversals with Region & DotsIf you want to use Heiken Ashi candles as a way to screen for bullish and bearish reversal. Green background is stay long and strong. Red background = potential top or bearish continuation. Yellow dots show strong red heiken ashi candles with small upside wicks. The next candle determines whether it should be green or red. If next heiken ashi candle closes above the current candle = green, bull trend still in line. If next heiken ashi candle closes below, then time to sell
Pine Script® indicator
by theRhinoSlayer
MTF Round Level Reversal [RunRox]🧲 MTF Round Level Reversal is an indicator designed to highlight price levels on the chart where the market encountered significant resistance or support at round numbers, failing to break through large clusters of orders. In many cases, price revisits these round-number levels to absorb the remaining liquidity, offering potential reversal or continuation trade opportunities. ✏️ EXAMPLE Here’s an example demonstrating how this indicator works and how its logic is structured: As shown in the screenshot above, price encountered resistance at round-number levels, clearly reacting off these areas. Afterward, the market pulled back, presenting opportunities to enter trades targeting these previously established open levels. This logic is based on the observation that price often seeks to revisit these open round-number levels due to the residual liquidity resting there. While effective across various markets, this indicator performs particularly well with stocks or assets priced at higher values. For a level to appear on the chart, price must first encounter a round-number value and clearly reverse from it, leaving a visible reaction on the chart. After this occurs, the indicator will mark this level as fully formed and display it as an active reversal area. ⚙️ SETTINGS 🔷 Timeframe – Choose any timeframe from which you’d like the indicator to source level data. 🔷 Period – Defines the number of candles required on both sides (left and right) to confirm and fully form a level. 🔷 Rounding Level – Adjusts price rounding precision when detecting levels (from 0.0001 up to 5000). 🔷 Color – Customize the color and transparency of displayed levels. 🔷 Line Style – Select the desired line style for level visualization. 🔷 Label Size – Set the font size for the level labels displayed on the chart. 🔷 Move Label to the Right – Move level labels to the right side of the screen for better visibility. 🔷 Label Offset – Specifies how many bars labels should be offset from the chart’s right edge. 🔷 Delete Filled Level – Automatically removes levels from the chart after they’ve been revisited or filled. 🔷 Calculation Bars – Determines the number of recent bars considered when calculating and identifying levels. 🔶 There are numerous ways to apply this indicator in your trading strategy. You can look for trades targeting these round-number levels or identify reversal setups forming at these high-liquidity zones. The key insight is understanding that these levels represent significant liquidity areas, which price frequently revisits and retests. We greatly appreciate your feedback and suggestions to further improve and enhance this indicator!
Pine Script® indicator
by RunRox
2
Advanced Market Structure & Order Blocks (fadi)Advanced Market Structure & Order Blocks indicator provides a new approach to understanding price action using ICT (Inner Circle Trader) concepts related to candle blocks to analyze the market behavior and eliminate much of the noise created by the price action. This indicator is not intended to provide trade signals, it is designed to provide the traders with to support their trading strategies and add clarity where possible. There are currently three main elements to this indicator: Market Structure Order Blocks Liquidity Voids Market Structure In trading, market structure is often identified by observing higher highs and higher lows. An uptrend is characterized by a series of higher highs, where each peak surpasses the previous one, and higher lows, where each trough is higher than the preceding one. Conversely, a downtrend is marked by lower highs and lower lows. Other indicators usually determine these peaks by calculating the highest or lowest levels within a predefined number of candles. For example, identifying the highest price level within the last 15 candles and marking it as a higher high or a lower high. While this approach offers some structure to price action, it can be arbitrary and random due to price fluctuations and the lack of proper structure analysis beyond finding the highest peaks and valleys within candle ranges. In his 2022 mentorship, episode 12, ICT introduced an alternative approach focusing on three-candle pivots called Short Term High and Low (STH/STL), which are then used to calculate the Intermediate Term High and Low (ITH/ITL), and in turn, the Long Term High and Low (LTH/LTL). ICT’s approach provides better structure than the traditional method mentioned above. However, it can be confusing and difficult to track. There are great indicators that track and label ICT’s levels, but traders still find it challenging to follow and understand. The Advanced Market Structure indicator takes a unique approach by analyzing candle formations, using ICT concepts, to identify possible turning points that mimic a real trader’s analysis of price action as closely as possible. However, it should be expected that Market Makers may use market manipulation to induce traders to make failed trades, and no tooling can eliminate these situations. Advanced Market Structure tracks true Peaks and Valleys as they form, confirms them, and marks the chart with corresponding labels using traditional labeling methods (HH/HL/LH/LL), as such labeling makes it easier for traders to follow and understand. The indicator also draws levels to help identify possible liquidity areas and trade targets. The indicator uses different calculation methods for the different type of market structure length, however all calculations are based on the same ICT candle blocks concepts. Market Structure Settings Other than the display settings, there are four (4) settings, mainly under the Level Settings section. Allow Nested Candles This option is only available on the Short Market Structure due to the methods used in calculating highs and lows. When used, the indicator will attempt to detect smaller fluctuations in price by tracking smaller candle moves, if any. Level Settings Level Settings allows the trader to decide two main calculations: 1. A new pivot point will form when a candle’s is crossed by the following candle’s 2. For a liquidity sweep and marking a level as mitigated, a candle’s must cross that level Order Blocks ICT (Inner Circle Trader) defines an Order Block as the last down-closing candle, or series of candles, before a significant upward price move or the last up-closing candle, or series of candles, before a significant downward price move. These key price levels, marked by substantial buy or sell orders from institutional traders or "smart money," create a block or zone on the price chart. When the price revisits these levels, it often leads to a strong market reaction. Order Blocks can consist of one or multiple consecutive candles of the same color, signaling areas of significant buying or selling interest. ICT's approach to Order Blocks provides traders with a structured method to identify potential areas of support or resistance, where price movements are more likely to change direction. Although ICT has shared some criteria for identifying Order Blocks publicly, the full details are reserved for his upcoming books. This indicator leverages the publicly available information to provide traders with valuable insights into these crucial price levels. The Advanced Market Structure indicator is designed to be highly flexible, allowing traders to define their own combination of rules for identifying Order Blocks, thus customizing it to fit their unique trading strategies. Order Block Configuration Can be nested An Order Block is defined as the last down candle or candles before a strong move higher, and vice versa for bearish Order Blocks. However, larger-than-usual candles resulting from news events or price action may not qualify as Order Blocks and can mute any Order Block within their range. The "Can be nested" flag ensures that each Order Block is treated as an independent entity, even if it appears within the body of another Order Block. Forms at swing point Order Blocks formed at swing points typically have higher probabilities but are less frequent, assuming the same rules are applied. Additionally, Order Blocks at swing points may become Breaker and Mitigation blocks if they fail, providing more trading opportunities. Forms a simple pivot point A simple pivot point corresponds to ICT Short Term High and Low (STH/STL). Order Blocks using simple pivot points can occur in the middle of a move, not just at swing points. These are useful for identifying IOFED setups and supporting blocks that can bolster the price move. Causes Market Structure Shift Order Blocks that result in a break above or below a short swing point can help narrow down target order blocks, but they are less frequent. An Order Block causing a break above or below a pivot point does not necessarily indicate a strong Order Block. For example, an Order Block formed at a Lower Low is more likely to fail in a downtrend. A clean close above order block When the first candle breaks above an Order Block and closes above its high, this indicates a stronger Order Block. On the other hand, if a candle merely wicks through the Order Block without a solid close above it, it suggests a weaker Order Block. This may indicate hesitation or an impending reversal, as the wick represents a temporary and unsustained price movement. Has displacement more than X the body While some traders may capitalize on the initial break above an Order Block's CISD level, others prefer to focus on the return to an Order Block after displacement. Displacement is determined by the body size of the Order Block, and an Order Block cannot be tested until this level has been achieved. Has a Fair Value Gap When an Order Block is combined with a Fair Value Gap (FVG), it signifies a strong Order Block. The Fair Value Gap indicates a strong price movement away from the Order Block. Has a liquidity void A Liquidity Void occurs when two consecutive candles of the same color do not overlap, creating a gap similar to a Fair Value Gap, but involving one or more middle candles. Liquidity Voids can be utilized in combination with, or as an alternative to, the displacement setting. Maximum number of OBs The maximum number of Order Blocks to display. Mitigated at block’s An Order Block is considered mitigated when price reaches one of the main Order Block levels. Liquidity Void Liquidity Void refers to areas on a price chart where there is one-sided trading activity. This phenomenon occurs when the price of an asset moves sharply in one direction, leaving gaps where two consecutive candles of the same color do not overlap. These gaps can comprise one or more middle candles and indicates a pronounced lack of trading within that price range. Liquidity Voids are important because they highlight areas of minimal resistance, where price is more likely to return to fill the void and balance the market. Liquidity Void vs Fair Value Gap While both concepts are related to gaps in price action, they are distinct. A Fair Value Gap is a specific three-candle pattern where the middle candle creates a gap between the first and third candles. In contrast, a Liquidity Void represents a broader area on the chart where there is little to no trading activity, often encompassing multiple candles and indicating a more pronounced imbalance between buy and sell orders. A FVG can be part of a Liquidity Void, a Liquidity Void can exist without necessarily including an FVG. Both concepts highlight areas of minimal resistance and potential price movement, but they differ in their formation and implications. Advanced Market Structure and Order Blocks indicator focus on liquidity voids since a liquidity void can substitute for a FVG and it is usually less addressed by other indicators.
Pine Script® indicator
by fadizeidan
23
Candle Close CountdownA simple indicator that counts down major candle closes. This is especially useful if you're trading on low time frames but want to know when higher time frame candles close for volatility / reversal points. It can also be useful to use it as a visual reminder to actually go check how a candle has closed. - There are alerts for when a candle is going to close you can enable - The text turns red 15% of the time BEFORE the candle closes
Pine Script® indicator
by Witnessing_Soul
Triangle Reversal IndicatorTriangle Reversal Indicator – A Visual Tool for Identifying Reversal Patterns This indicator is designed to highlight potential trend reversal moments by comparing the current candle with the previous one. It offers a unique approach by focusing on distinct candle patterns rather than generic trend indicators, making it a valuable addition to your trading toolkit. How It Works: For a bullish signal, the indicator checks if: The current candle is bullish (closing higher than it opens) while the previous candle was bearish. The current candle’s low breaches the previous bearish candle’s low. The current candle’s close is above the previous bearish candle’s close. When these conditions are met, a tiny green triangle is plotted below the candle to signal a potential bullish reversal. Conversely, for a bearish signal, it verifies if: The current candle is bearish (closing lower than it opens) following a bullish candle. The current candle’s high exceeds the previous bullish candle’s high. The current candle’s close falls below the previous bullish candle’s close. If all conditions are satisfied, a small red triangle appears above the candle to indicate a potential bearish reversal. How to Use: Simply apply the indicator on your chart and look for the tiny triangles that appear above or below the candles. These markers can serve as an additional visual cue when confirming entry or exit points, but it’s best used alongside your other analysis techniques. Customization Options: Users can further enhance the script by adding inputs for lookback periods, adjusting the triangle size, or modifying colors to match their chart themes.
Pine Script® indicator
by Almureqeeb
8
AlgoCados x ICT ToolkitAlgoCados x ICT Toolkit is a TradingView tool designed to integrate ICT (Inner Circle Trader) Smart Money Concepts (SMC) into a structured trading framework. It provides traders with institutional liquidity insights, precise price level tracking, and session-based analysis, making it an essential tool for intraday, swing, and position trading. Optimized for Forex, Futures, and Crypto, this toolkit offers multi-timeframe liquidity tracking, killzone mapping, RTH analysis, standard deviation projections, and dynamic price level updates, ensuring traders stay aligned with institutional market behavior. # Key Features Multi-Timeframe Institutional Price Levels The indicator provides a structured approach to analyzing liquidity and market structure across different time horizons, helping traders understand institutional order flow. - Previous Day High/Low (PDH/PDL) – Tracks the Previous Day’s High/Low, crucial for intraday liquidity analysis. - Previous Week High/Low (PWH/PWL) – Monitors the Previous Week’s High/Low, aiding in higher timeframe liquidity zone tracking. - Previous Month High/Low (PMH/PML) – Highlights the Previous Month’s High/Low, critical for swing trading and long-term bias confirmation. - True Day Open (TDO) – Marks the NY Midnight Opening Price, providing a reference point for intraday bias and liquidity movements. - Automatic Level Cleanup – When enabled. pxHigh/pxLow levels gets automatically deleted when raided, keeping the chart clean and focused on valid liquidity zones. - Monthly, Weekly, Daily Open Levels – Identifies HTF price action context, allowing traders to track institutional order flow and potential liquidity draws. # Regular Trading Hours (RTH) High, Low & Mid-Equilibrium (EQ) For futures traders, the toolkit accurately identifies RTH liquidity zones to align with institutional trading behavior. - RTH High/Low (RTH H/L) – Defines the RTH Gap high and low dynamically, marking key liquidity levels. - RTH Equilibrium (EQ) – Calculates the midpoint of the RTH range, acting as a mean reversion level where price often reacts. # Killzones & Liquidity Mapping The indicator provides a time-based liquidity structure that helps traders anticipate market movements during high-impact trading windows. ICT Killzones (Visible on 30-minute timeframe or lower) - Asia Killzone (Asia) – Tracks overnight liquidity accumulation. - London Open Killzone (LOKZ) – Marks early European liquidity grabs. - New York Killzone (NYKZ) – Captures US session volatility. - New York PM Session (PMKZ) – Available only for futures markets, tracking late-day liquidity shifts. Forex-Specific Killzones (Visible on 30-minute timeframe or lower) - London Close Killzone (LCKZ) – Available only for Forex, marks the European end of Day liquidity Points of Interests (POI). - Central Bank Dealers Range (CBDR) – Available only for Forex, providing a liquidity framework used by central banks. - Flout (CBDR + Asian Range) – Available only for Forex, extending CBDR with Asian session liquidity behavior. - Killzone History Option – When enabled, Killzones remain visible beyond the current day; otherwise, they reset daily. - Customizable Killzone Boxes – Modify opacity, colors, and border styles for seamless integration into different trading styles. CME_MINI:NQH2025 FOREXCOM:EURUSD # Standard Deviation (STDV) Liquidity Projections A statistical approach to forecasting price movements based on Standard Deviations of HOTD (High of the Day) and LOTD (Low of the Day). - Asia, CBDR, and Flout STDV Calculations (Visible on 30-minute timeframe or lower) – Predicts liquidity grabs based on price expansion behavior. - Customizable Display Modes – Choose between Compact (e.g., "+2.5") or Verbose (e.g., "Asia +2.5") labels. - Real-Time STDV Updates – Projections dynamically adjust as new price data is formed, allowing traders to react to developing market conditions. CME_MINI:NQH2025 # Daily Session Dividers - Visualizes Trading Days (Visible on 1-hour timeframe or lower) – Helps segment the trading session for better structure analysis. - Daily Divider History Option – When enabled, dividers remain visible beyond the current trading week; otherwise, they reset weekly. # Customization & User Experience - Flexible Label Options – Adjust label size, font type, and color for improved readability. - Intraday-Optimized Data – Killzones (30m or lower), STDV (30m or lower), and Daily Dividers (1H or lower) ensure efficient use of chart space. - Configurable Line Styles – Customize solid, dotted, or dashed styles for various levels, making charts aesthetically clean and data-rich. # Usage & Configurations The AlgoCados x ICT Toolkit is designed to seamlessly fit different trading methodologies. Scalping & Intraday Trading - Track PDH/PDL levels for liquidity sweeps and market reversals. - Utilize Killzones & Session Open levels to identify high-probability entry zones. - Analyze RTH High/Low & Mid-EQ for potential liquidity targets and reversals. - Enable STDV projections for potential price expansion and reversals. Swing & Position Trading - Use PWH/PWL and PMH/PML levels to determine HTF liquidity shifts. - Monitor RTH Gap, TDO, and session liquidity markers for trade confirmation. - Combine HTF bias with LTF liquidity structures for optimized entries and exits. # Inputs & Configuration Options Customizable Parameters - Offset Adjustment – Allows users to shift displayed data horizontally for better visibility. - Killzone Box Styling – Customize colors, opacity, and border styles for session boxes. - Session Dividers – Modify line styles and colors for better time segmentation. - Killzone & Daily Divider History Toggle – Enables users to view past killzones and dividers instead of resetting them daily/weekly. - Label Formatting – Toggle between Compact and Verbose display modes for streamlined analysis. # Advanced Features Real-Time Data Processing & Dynamic Object Management - Auto Cleanup of pxLevels – Prevents clutter by removing invalidated levels upon liquidity raids. - Session History Control – Users can toggle historical data for daily dividers and killzones to maintain a clean chart layout. - Daily & Weekly Resets – Ensures accurate session tracking by resetting daily dividers at the start of each new trading week. CME_MINI:NQH2025 # Example Use Cases - Day Traders & Scalpers – Utilize Killzones, PDH/PDL, DO and TDO levels for precise liquidity-based trading opportunities. - Swing Traders – Leverage HTF Open Levels, PWH/PWL liquidity mapping, and TDO for trend-based trade execution. - Futures Traders – Optimize trading with RTH High/Low, Mid-EQ, and PMKZ for session liquidity tracking. - Forex Traders – Use CBDR, Flout, and session liquidity mapping to align with institutional order flow. CME_MINI:ESH2025 "By integrating institutional concepts, liquidity mapping, and smart money methodologies, the AlgoCados x ICT Toolkit empowers traders with a data-driven approach to market inefficiencies and liquidity pools." # Disclaimer This tool is designed to assist in trading decisions but should be used in conjunction with other analysis methods and proper risk management. Trading involves significant risk, and traders should ensure they understand market conditions before executing trades.
Pine Script® indicator
by AlgoCados
Forex Power Indicator [FindBetterTrades]The Forex Power Indicator is designed to help traders quickly assess the relative strength and weakness of key forex pairs over a set period. This tool calculates the percentage change in price over the last 5 days and highlights the strongest and weakest performing pairs in a simple table format. Features: Scans 10 major forex pairs (EURUSD, GBPUSD, USDJPY, AUDUSD, NZDUSD, USDCAD, CHFJPY, EURGBP, EURJPY, GBPJPY). Calculates the percentage change over the last 5 days. Identifies and labels the strongest and weakest pair based on performance. Displays results in a customizable table, allowing traders to quickly interpret market trends. How to Use: The strongest pair (🟢) indicates the currency with the highest performance in the selected period. The weakest pair (🔴) shows the currency that has lost the most value. Alerts feature: Once you add the script to your chart, go to "Create Alert" Under "Condition", select "Forex Power Indicator ". The system will use the messages set in the alert() function. When triggered, the alert will display the message like: "New strongest currency pair: USDJPY" "New weakest currency pair: AUDUSD" Use this information to spot momentum opportunities, potential reversals, or trend continuations in forex trading. This indicator is for informational purposes only and should be used alongside other technical analysis tools to support trading decisions.
Pine Script® indicator
by FindBetterTrades
3
Engulfing Sweeps - Milana TradesEngulfing Sweeps The Engulfing Sweeps Candle is a candlestick pattern that: 1)Takes liquidity from the previous candle’s high or low. 2)Fully engulfs previous candles upon closing. 3)Indicates strong buying or selling pressure. 4)Helps determine the bias of the next candle. Logic Behind Engulfing Sweeps If you analyze this candle on a lower timeframe, you’ll often see popular models like PO3 (Power of Three) or AMD (Accumulation – Manipulation – Distribution). Once the candle closes, the goal is to enter a position on the retracement of the distribution phase. How to Use Engulfing Sweeps? Recommended Timeframes: 4H, Daily, Weekly – these levels hold significant liquidity. Personally, I prefer 4H, as it provides a solid view of mid-term market moves. Step1 - Identify Engulfing Sweep Candle Step 2-Switch to a lower timeframe (15m or 5m).And you task identify optimal trade entry Look for an entry pattern based on: FVG (Fair Value Gap) OB (Order Block) FIB levels (0/0.25/0.5/ 0.75/ 1) Wait for confirmation and take the trade. Automating with TradingView Alerts To avoid missing the pattern, you can set up alerts using a custom script. Once the pattern forms, TradingView will notify you so you can analyze the chart and take action. This approch helps me be more freedom
Pine Script® indicator
by MilanaArsenovna
HTF Candle Volume Thermometer [ChartPrime]The HTF Candle Volume Thermometer is a powerful volume heatmap tool that visualizes higher timeframe candle volume distributions directly on the chart. It helps traders identify key price levels where liquidity is concentrated, allowing for more informed trading decisions. ⯁ KEY FEATURES Higher Timeframe Volume Mapping Uses higher timeframe (HTF) candles to create a heatmap of volume distribution within each candle. Dynamic Volume Heatmap Colors each HTF candle background green for bullish and red for bearish, with a gradient heat overlay highlighting volume concentration. Max Volume Point Identification Marks the level within each HTF candle where the highest volume was recorded, using red for the most significant volume area. Fully Customizable Display Users can adjust the HTF timeframe, color settings, and resolution to tailor the indicator to their trading preferences. Segmented Volume Distribution Each HTF candle is divided into smaller levels, allowing traders to see volume changes within the range of each candle. Key Level Detection Max volume points often act as key support and resistance levels where price is likely to react, helping traders refine their strategies. ⯁ HOW TO USE Identify Liquidity Zones Use the max volume levels to determine areas where price is likely to find support or resistance. Assess Trend Strength Compare volume distribution between bullish and bearish HTF candles to gauge market momentum. Optimize Trade Entries & Exits Look for price reactions at high-volume areas to refine stop-loss and take-profit levels. Adjust Heatmap Resolution Customize the resolution setting to get a more detailed or broader view of volume segmentation within HTF candles. ⯁ CONCLUSION The HTF Candle Volume Thermometer is a must-have tool for traders who want to integrate volume analysis with higher timeframe structures. By visualizing volume heatmaps within each HTF candle, this indicator helps traders pinpoint critical liquidity zones and key price levels.
Pine Script® indicator
by ChartPrime
20
TrendPredator FOTrendPredator Fakeout Highlighter (FO) The TrendPredator Fakeout Highlighter is designed to enhance multi-timeframe trend analysis by identifying key market behaviors that indicate trend strength, weakness, and potential reversals. Inspired by Stacey Burke’s trading approach, this tool focuses on trend-following, momentum shifts, and trader traps, helping traders capitalize on high-probability setups. At its core, this indicator highlights peak formations—anchor points where price often locks in trapped traders before making decisive moves. These principles align with George Douglas Taylor’s 3-day cycle and Steve Mauro’s BTMM method, making the FO Highlighter a powerful tool for reading market structure. As markets are fractal, this analysis works on any timeframe. How It Works The TrendPredator FO highlights key price action signals by coloring candles based on their bias state on the current timeframe. It tracks four major elements: Breakout/Breakdown Bars – Did the candle close in a breakout or breakdown relative to the last candle? Fakeout Bars (Trend Close) – Did the candle break a prior high/low and close back inside, but still in line with the trend? Fakeout Bars (Counter-Trend Close) – Did the candle break a prior high/low, close back inside, and against the trend? Switch Bars – Did the candle lose/ reclaim the breakout/down level of the last bar that closed in breakout/down, signalling a possible trend shift? Reading the Trend with TrendPredator FO The annotations in this example are added manually for illustration. - Breakouts → Strong Trend Multiple candles closing in breakout signal a healthy and strong trend. - Fakeouts (Trend Close) → First Signs of Weakness Candles that break out but close back inside suggest a potential slowdown—especially near key levels. - Fakeouts (Counter-Trend Close) → Stronger Reversal Signal Closing against the trend strengthens the reversal signal. - Switch Bars → Momentum Shift A shift in trend is confirmed when price crosses back through the last closed breakout candles breakout level, trapping traders and fuelling a move in the opposite direction. - Breakdowns → Trend Reversal Confirmed Once price breaks away from the peak formation, closing in breakdown, the trend shift is validated. Customization & Settings - Toggle individual candle types on/off - Customize colors for each signal - Set the number of historical candles displayed Example Use Cases 1. Weekly Template Analysis The weekly template is a core concept in Stacey Burke’s trading style. FO highlights individual candle states. With this the state of the trend and the developing weekly template can be evaluated precisely. The analysis is done on the daily timeframe and we are looking especially for overextended situations within a week, after multiple breakouts and for peak formations signalling potential reversals. This is helpful for thesis generation before a session and also for backtesting. The annotations in this example are added manually for illustration. 📈 Example: Weekly Template Analysis snapshot on daily timeframe 2. High Timeframe 5-Star Setup Analysis (Stacey Burke "ain't coming back" ACB Template) This analysis identifies high-probability trade opportunities when daily breakout or down closes occur near key monthly levels mid-week, signalling overextensions and potentially large parabolic moves. Key signals for this are breakout or down closes occurring on a Wednesday. This is helpful for thesis generation before a session and also for backtesting. The annotations in this example are added manually for illustration. Also an indicator can bee seen on this chart shading every Wednesday to identify the signal. 📉 Example: High Timeframe Setup snapshot 3. Low Timeframe Entry Confirmation FO helps confirm entry signals after a setup is identified, allowing traders to time their entries and exits more precisely. For this the highlighted Switch and/ or Fakeout bars can be highly valuable. 📊 Example (M15 Entry & Exit): Entry and Exit Confirmation snapshot 📊 Example (M5 Scale-In Strategy): Scaling Entries snapshot The annotations in this examples are added manually for illustration. Disclaimer This indicator is for educational purposes only and does not guarantee profits. None of the information provided shall be considered financial advice. Users are fully responsible for their trading decisions and outcomes.
Pine Script® indicator
by TC888
6