Get started

Candlestick analysis

ASR / ADR by Vanya_zvwey 🇺🇦 Детальний Опис та Інструкція Користувача Індикатора ASR/ADR Grid Цей індикатор є інструментом для візуалізації волатильності, який використовує історичні дані для прогнозування потенційних цінових рівнів розширення та корекції. Він будує сітки на основі середнього діапазону сесії (ASR) та середнього денного діапазону (ADR). 🔑 Ключові Концепції ASR (Average Session Range): Середній діапазон High-Low, який зазвичай досягається протягом обраної торгової сесії (Азія, Лондон, Нью-Йорк) за останні N днів. ADR (Average Daily Range): Середній діапазон High-Low, досягнутий протягом цілого 24-годинного торгового дня за останні N днів. Синхронізація Часового Поясу: На відміну від багатьох індикаторів, цей індикатор залежить від введеного саме вами Session Timezone. Він гарантує, що ваші сесії та денні відкриття розраховуються правильно, незалежно від часового поясу вашого графіку. ⚙️ Посібник із Налаштування (Вхідні Параметри) Налаштування згруповані для зручності: 1. General Settings (Загальні Налаштування) Session Timezone: Виберіть часовий пояс, який використовуватиметься як єдиний орієнтир для всіх часів Start/End. Це може бути "UTC+2", "America/New_York" тощо. Lookback Period (Days): Кількість днів, що використовується для обчислення середнього значення ASR та ADR. Grid Direction: "Up": Сітки будуються від поточного Low сесії/дня і розширюються вгору. "Down": Сітки будуються від поточного High сесії/дня і розширюються вниз. Grid Step %: Крок для внутрішніх ліній сітки (наприклад, 25% дасть лінії 25%, 50%, 75%). 2. Session Settings (Asia, London, New York) Show : Увімкнення/вимкнення відображення сітки для конкретної сесії. Start Time (HH:MM) / End Time (HH:MM): Час початку та кінця сесії, який відповідає вибраному вами Session Timezone. 3. ADR (Daily) Grid (Сітка Денного Діапазону) Show ADR Grid: Увімкнення/вимкнення сітки, що охоплює весь день. ADR Anchor: Визначає, від якої ціни починається відлік ADR (0%): "Day Open": Як якір використовується ціна відкриття дня (00:00 у вашому часовому поясі). "Day Low/High": Як якір використовується поточний денний екстремум (Low, якщо напрямок "Up", або High, якщо напрямок "Down"). 📈 Використання та Інтерпретація Сітка складається з рівнів від 0% до 100%, які візуалізують, наскільки далеко ціна просунулася щодо середнього історичного діапазону. Структура Сітки 0% Рівень (Границя): Це якірна точка (High або Low) поточної сесії/дня, з якої починається розрахунок. Лінія суцільна. 100% Рівень (Границя): Це ціновий рівень, що дорівнює 0% Якір + ASR/ADR. Це статистично очікуваний максимальний рух. Лінія суцільна. Внутрішні Рівні (Grid Step): Пунктирні лінії (25%, 50%, 75% тощо), які показують проміжні цілі або зони корекції. Торгова Інтерпретація Рух до 50%: Ціна досягла половини середнього діапазону. Досягнення 100%: Ціна досягла "середнього" діапазону волатильності. Це часто служить хорошою ціллю для фіксації прибутку або точкою, де можна очікувати корекції/розвороту, оскільки рух вже відповідає історичним нормам. Рух за межі 100% (Екстремум): Рух, що перевищує 100% ASR/ADR, вважається нетипово сильним або екстремальним. 🇬🇧 Detailed Description and User Guide for the ASR/ADR Grid Indicator This indicator is a robust volatility visualization tool designed to project potential price extension and retracement levels based on historical data. It constructs price grids using the Average Session Range (ASR) and the Average Daily Range (ADR). 🔑 Key Concepts ASR (Average Session Range): The average High-to-Low range typically achieved during a selected trading session (Asia, London, New York) over the last N days ADR (Average Daily Range): The average High-to-Low range achieved during the entire 24-hour trading day over the last N days. Timezone Synchronization: This is critical. The indicator relies on a single Session Timezone input to correctly calculate all session start/end times and daily opens, ensuring accuracy regardless of your charting platform's native exchange time. ⚙️ Setup Guide (Input Parameters) The settings are organized into logical groups: 1. General Settings Session Timezone: Select the timezone that will serve as the single reference point for all Start/End times below (e.g., "UTC+2", "America/New_York"). Lookback Period (Days): The number of preceding days used to compute the average ASR and ADR values. Grid Direction: "Up": The grids are anchored at the current session/day's Low and extend upwards. "Down": The grids are anchored at the current session/day's High and extend downwards. Grid Step %: The percentage increment for the inner grid lines (e.g., 25% will plot lines at 25%, 50%, 75%). 2. Session Settings (Asia, London, New York) Show : Toggles the visibility of the grid for that specific session. Start Time (HH:MM) / End Time (HH:MM): The start and end times for the session, which must correspond to your chosen Session Timezone. The script supports overnight sessions (e.g., starting at 22:00 and ending at 02:00 the next day). 3. ADR (Daily) Grid Show ADR Grid: Toggles the visibility of the grid covering the entire trading day. ADR Anchor: Determines the price point from which the ADR (0%) is measured: "Day Open": The anchor is the day's opening price (at 00:00 in your chosen timezone). "Day Low/High": The anchor is the current day's extreme (Low if Direction is "Up", or High if Direction is "Down"). 📈 Usage and Interpretation The grid levels, ranging from 0% to 100%, visualize how far the price has traveled relative to the average historical volatility for that specific period. Grid Structure 0% Level (Border): This is the anchor point (High or Low) of the current session/day, serving as the starting reference for the calculation. This line is solid. 100% Level (Border): This is the price level equal to the 0% Anchor + ASR/ADR. It represents the statistically expected average maximum move. This line is also solid. Inner Levels (Grid Step): These dotted lines (25%, 50%, 75%, etc.) serve as intermediate targets or potential zones for pullback. Trading Interpretation Reaching 50%: The price has achieved half of the average range. Reaching 100%: The price has fulfilled the "average" volatility range. This level often acts as an excellent profit target or a point where you might expect correction or reversal, as the move has met historical norms. Moving Beyond 100% (Extreme): A price move that exceeds 100% ASR/ADR is considered unusually strong or extreme volatility.
Pine Script® indicator
by Vanya_zvwey
Key Levels: Daily, Overnight, Weekly + LabelsThis indicator automatically plots the most critical market levels that institutions and active traders monitor daily. It is designed for intraday precision, scalping, day trading, and context framing across all asset classes. What It Plots The script dynamically draws and labels: 1️⃣ Daily Levels Today’s High / Low Yesterday’s High / Low / Close These levels help define intraday bias, breakout zones, and trend continuation or rejection areas. 2️⃣ Overnight Session Levels Automatically detects the Globex / Overnight session (4:00 PM–4:00 AM) and tracks: Overnight High Overnight Low Useful for identifying liquidity zones, gap direction, and early-session ORB behavior. 3️⃣ Weekly Levels Previous Week’s High / Low Ideal for swing context, weekly ranges, institutional targeting levels, and mean reversion setups. 🧠 Smart Automation The indicator resets and redraws levels when: A new trading day begins A new weekly session starts All lines include auto-extending levels and clean right-hand labels with color coding for instant visibility. 🎨 Clean and Lightweight Visuals Uses dynamic arrays to track and clear historical drawings. Labels are small, unobtrusive, and positioned to the right for easy reference. Colors follow directional bias conventions Green = Today High Red = Today Low Orange = Yesterday Levels Purple = Overnight Blue = Weekly 🧩 Perfect For Scalpers Intraday bias mapping Liquidity/stop-run detection ORB, VWAP, and trend-reversal setups Weekly swing bias anchoring
Pine Script® indicator
by MomentumCraft_
Trading Hub 3 NewThe smart money concept suggests that institutional traders have a greater understanding of the ‎market and often have access to more information than retail traders. Therefore, by analyzing ‎market structure, retail traders can align themselves with the actions of smart money and ‎potentially profit from their moves. 「聰明資金」的概念表明，機構交易者比散戶交易者更了解市場，並且通常掌握更多資訊。因此，透過分析市場結構，散戶交易者可以與「聰明資金」的行動保持一致，並有可能從中獲利。 This indicator considerably simplifies the process of identification of market structure for traders ‎based on the TradingHUB-3 technical method. Therefore, it is quite different from the existing ‎market structure or trend detection tools, even the other smart-money-based indicators. ‎ 此指標基於 TradingHUB-3 技術方法，顯著簡化了交易者識別市場結構的過程。因此，它與現有的市場結構或趨勢檢測工具，甚至與其他基於「聰明資金」的指標都截然不同。 How it works:‎ The indicator starts candlestick analysis from the given start point detecting followings items. ‎工作原理： 此指標從給定的起始點開始進行K線分析，偵測以下項目。 ‎1) Identify valid pullbacks (minor Zigzag):‎ Uptrend: In the upward trend, each candle that hits a higher high (HH), acts as our checking candle, ‎and if the next candle hits its low, a valid pullback is formed, and we marked the checking candle as ‎the end of a minor leg. Note that we do not take inside bars into account. If the highest point of the ‎leg hit, the lowest point is marked as the end of pullback leg. On the other hand, if the lowest point of ‎the upward leg is hit, the pullback checking procedure is restarted as a downtrend. Note that the ‎downward checking is restarted from the highest point (previous checking candle).‎ Downtrend: The pullback detection for downtrend follows the reverse procedure of uptrend.‎ 1) 辨識有效回調（小幅鋸齒形）： 上升趨勢：在上升趨勢中，每根創出更高高點 (HH) 的K線都作為我們的檢查K線；如果下一根K線觸及該K線的最低點，則形成有效回調，我們將該檢查K線標記為小幅走勢的結束。請注意，我們不考慮內包K線。如果價格觸及該段的最高點，則最低點標示為回檔段的結束點。另一方面，如果價格觸及上升段的最低點，則回調檢查程序將作為下降趨勢重新開始。請注意，下降檢查將從最高點（前一條檢查K線）重新開始。 下降趨勢：下降趨勢的回調偵測程序與上升趨勢相反。 ‎2) Identify inducements (IDM)‎ The last pullback point (on the minor zigzag) considers as the inducement level. In the uptrend, if ‎the price hit the IDM, the highest point on the major leg is accepted as a major higher high. Note, if ‎the IDM point is equal to a major HL and hit by price, the highest point is accepted as a new HH and ‎the previous HH and LL are deleted (i.e. the HH is transferred).‎ In the downtrend, it acts conversely. ‎ 2) 辨識誘因 (IDM) 最後一個回調點（在次要鋸齒形上）被視為誘因水平。在上升趨勢中，如果價格觸及誘因水平，則主要段的最高點被視為新的主要高點。請注意，如果誘因水準點等於一個主要高點且價格觸及該點，則該最高點被視為新的高點，並且先前的高點和最低點將被刪除（即，高點被轉移）。 在下降趨勢中，操作方式相反。 ‎ ‎3) Identify valid break of structures (BOS)‎ In the uptrend, if the price closed above the highest point between the previous accepted HH to the ‎current candle, a BOS is accrued, and the lowest point in this time interval is accepted as a higher ‎low (HL). In the downtrend, it acts contrariwise. ‎ ‎ ‎3) 辨識有效結構突破 (BOS)‎ 在上升趨勢中，如果價格收盤價高於前一個已確認的高點 (HH) 與當前K線之間的最高點，則形成一個有效結構突破 (BOS)，並將該時間段內的最低點視為更高的低點 (HL)。在下降趨勢中，情況則相反。 ‎ ‎4) Identify valid change of characters (Choch)‎ In the uptrend, if the price closed below the lowest point between the previous accepted HL to the ‎current candle, a Choch is accrued, and the major trend changes from uptrend to downtrend, and a ‎new reverse IDM will be detected. In the downtrend, it acts inversely.‎ ‎ ‎4) 辨識有效特徵變化 (Choch)‎ 在上升趨勢中，如果價格收盤價低於前一個已確認的低點 (HL) 與當前K線之間的最低點，則形成一個特徵變化 (Choch)，主要趨勢由上升趨勢轉為下降趨勢，並檢測到一個新的反向IDM。在下降趨勢中，情況則相反。 ‎ ‎ ‎5) Identify major HH/HL/LL/LH points By following the above steps, the major higher highs, higher lows, lower highs, and lower lows, as ‎well as the major trend are detected. The major high and lows on the major trend can be displayed ‎by zigzag style or bullet points with corresponding up/down color.‎ ‎ ‎5) 辨識主要高點/高點/低點/低點 (HH/HL/LL/LH) 透過上述步驟，可以識別出主要的更高高點、更高低點、更低高點和更低低點，以及主要趨勢。主要趨勢線的峰值和低點可以用鋸齒形或具有相應上升/下降顏色的圓點符號來顯示。 Please feel free to contact us if you have any other questions. 如有其他问题欢迎随时交流
Pine Script® indicator
by ww514202207
The Trader's Edge (A professional Trader's tool)This is a script which is made by a professional stock trader and this script is capable of drawing Demand / Supply zones as well as capable of scoring the trade as well depending upon freshness, time spent in the zone, it also has the power to calculate the pre - defined risk to reward for every trade that you take as per this indicator. This script also displays the Trendo f the stock on 3 difrerent time frames on one single time frame easy to do multiple time frame analysis. and it also as the power of identifying which zones are falling outside "THE BOLLINGER BANDS" There by signaling an "ALL STAR ENTRY" This tool is A must have for any professional Stock trader.
Pine Script® indicator
by garry_sethi
SSS-version01SSS(standard serialize system) This indicator is designed to analyze market fluctuations and automatically mark the local highs and lows of each wave. By tracking these key "twisting" points, the indicator provides a clear structural view of price movements, allowing users to visualize how each wave evolves within the broader trend. Through overviewing the distribution of tops and bottoms, users can quickly recognize the underlying market direction and structure. (While the signals may appear with a slight delay — as the formation of each wave requires confirmation — they provide a more reliable reflection of the completed market movement) This is the initial release of the complete SSS indicator, focused on basic wave recognition and labeling. Future updates will continuously refine the detection algorithm and introduce additional structural features, enabling a deeper and more detailed deconstruction of market behavior.
Pine Script® indicator
by billwangyf
MVAP Reversal Detector — InstitutionalA professional-grade reversal detector built on Moving VWAP (MVAP), liquidity sweeps, and volume absorption. The indicator identifies high-probability intraday reversal points by combining three institutional concepts: MVAP (EMA of VWAP) → institutional fair-value anchor Liquidity Sweeps → stop runs above prior highs or below prior lows Absorption Signals → shift from aggressive orders to passive absorption The result is a clean, reliable reversal framework used by prop traders, scalpers, and intraday momentum traders. What This Indicator Detects 1. Bullish MVAP Reclaim Reversal A bearish move sweeps liquidity below recent lows → volume absorption appears → price reclaims MVAP. This often triggers a short squeeze and a new upward trend. 2. Bullish MVAP Reject Reversal Price pulls back into MVAP → fails to break below → absorption confirms buyers defending the level. 3. Bearish MVAP Reclaim Reversal A bullish move sweeps liquidity above highs → absorption turns price → price falls back below MVAP. Common in failed breakouts and distribution. 4. Bearish MVAP Reject Reversal Price retests MVAP from below → fails → sellers defend → continuation lower. Why MVAP Reversals Matter MVAP acts as a dynamic institutional cost-basis line, similar to VWAP but smoother and harder to manipulate. Reversals around MVAP provide powerful signals of: Failed trend continuation Absorption-based trap setups Liquidity-driven inflection points Trend transitions (range → trend or trend → fade) Inputs MVAP Length – EMA smoothing of VWAP Swing Length – Liquidity sweep detection Absorption Lookback – Volume shift confirmation Label Size / Toggle – Fully configurable Dashboard Toggle – Enables/disables compact floating label
Pine Script® indicator
by MomentumCraft_
CANDLE_TIME_RDThis tool displays the time of each candle directly on the chart by placing a label below the bar with an upward-pointing arrow for clear visual alignment. It helps traders quickly identify the exact timestamp of any candle during fast intraday analysis or historical review. OVERVIEW The script extracts the hour and minute of each bar, formats the timestamp according to the user’s preference, and prints it beneath the candle. This removes the need to rely on the data window or crosshair for time inspection. It is ideal for ITI evaluation, timestamp journaling, and precise replay study. FEATURES - Prints the time under each candle or every N-th candle using a simple step input. - Supports both AM/PM and military time through a toggle input. - Builds all hour and minute text manually to ensure consistent formatting. - Uses label.style_label_up to draw an arrow pointing toward the candle. - Positions labels with yloc.belowbar so they do not overlap price bars. USE CASES - Reviewing setups with ChatGPT where exact candle timing matters. - Studying EMA touches, VWAP interactions, or momentum shifts that occur at specific times. - Journaling entries and exits with precise timestamps. - Quickly identifying candle times without zooming or opening data windows. This script is designed for clarity and convenience, improving workflow for structured intraday traders and replay analysts.
Pine Script® indicator
by ryandebraal
SYNTARU ULTRA (Indicator) — Non-Repaint PROSYNTARU ULTRA (Non-Repaint PRO) A professional-grade, non-repainting trading indicator designed to identify high-probability entries using multi-layer analysis. Combines core trend EMA (G1), ATR-based volatility bands (G2), momentum (RSI + EMA slope, G3), and optional higher timeframe confirmation (G4) to generate LONG and SHORT signals. Features include ATR spike filters for news/noise avoidance, cool-off bars to reduce false alerts, confidence scoring (0–100%), and full webhook-ready alerts for automation. On-chart panel displays signal, confidence, trend angle, RSI, ATR spike status, and cool-off activity for real-time monitoring.
Pine Script® indicator
by junh47698
CapitalFlowsResearch: Sensitivity BandsCapitalFlowsResearch: Sensitivity Bands — Expected-Move Projection from Cross-Asset Beta CapitalFlowsResearch: Sensitivity Bands builds on the idea of cross-asset sensitivity by turning beta into a set of projected price boundaries around the prior day’s close. Instead of showing beta as a standalone number, this tool translates it into real price levels that represent the expected magnitude of movement—up or down—given a typical shock in a chosen market driver. The script measures how strongly the price asset has been responding to moves in the driver over a rolling window, then uses that relationship to calculate a dynamic “band width.” That width is applied symmetrically around the previous daily close to create two horizontal bands: an upper range and a lower range. These lines update intraday, offering a real-time sense of whether current price action is unfolding within normal sensitivity limits or pushing into statistically unusual territory. Traders can choose how the driver’s changes are interpreted (basis points, absolute moves, or percent changes), and optionally replace the rolling band with a running mean to emphasise longer-term structural sensitivity. The resulting overlay acts much like an expected-move model—similar in spirit to options-derived ranges, but powered by beta dynamics rather than implied volatility. In practice, Sensitivity Bands serves as a clean framework for contextualising market movement: Inside the bands: price behaviour aligns with typical cross-asset sensitivity. Touching a band: movement is strong but still consistent with historical response. Breaking a band: indicates a regime shift, a driver disconnect, or unusually high momentum. All of this is achieved without exposing the underlying beta calculations or normalisation logic.
Pine Script® indicator
by Capital_Flows_Dev
XAUUSD Liquidity Sweep + Engulfing (4H/2H/15m)Key Features in This Script: 4H Bias (Trend): We use RSI on 4H to determine if the market is in a bullish or bearish trend. 2H Setup: When price sweeps below previous lows or above previous highs (liquidity sweep), we confirm it with RSI and an engulfing candle. 15m Entry: After the liquidity sweep is confirmed on the 15m chart, we check for a bullish engulfing (for buys) or bearish engulfing (for sells) with RSI confirmation. How to Use It: Add the Script: Copy-paste the code above into TradingView’s Pine Editor. Apply it to the 15-minute chart for XAUUSD (Gold). Alerts: Set up alerts when a Buy or Sell signal appears based on the conditions. Alerts Example: When a liquidity sweep and RSI flip happens with an engulfing candle, TradingView will notify you, helping you enter at the right time. 🚀 Next Steps: Try it out and let me know how the alerts and signals are working for you. If you'd like to add custom stop-loss or take-profit calculations, or include Fibonacci levels, let me know!
Pine Script® indicator
by tochall
Swing High Low Prace Sonik-n8 This script identifies and marks all local swing highs and lows on the price chart. It automatically plots horizontal levels for each new swing, helping traders visually detect support, resistance, and market structure shifts. When price breaks a previous swing level, the indicator updates accordingly, providing a clear view of liquidity sweeps and potential trend reversals. Simple, clean, and effective – perfect for technical traders analyzing price action and structure.
Pine Script® indicator
by nazarsonik69
ICT | SMC [Sky Eye] 體驗版12/15體驗版12/15 DC: discord.gg/8kE8XwmErc 輔助 SMC 位子畫線 幫助你加速學習 只需要知道這個位子是甚麼在去加強研究 ICT / SMC 即可 想學習更多可以到DC一起學習 DC: discord.gg/8kE8XwmErc This tool helps you draw lines to indicate SMC positions, accelerating your learning. You only need to know what each position represents before focusing your research on ICT/SMC. To learn more, join us at DC.
Pine Script® indicator
by Sky_Eye