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ES Multi-Timeframe SMC Entry SystemOverviewThis is a comprehensive Smart Money Concepts (SMC) trading strategy for ES1! (E-mini S&P 500) futures that provides simultaneous buy and sell signals across three timeframes: Daily, Weekly, and Monthly. It incorporates your complete entry checklists, confluence scoring system, and automated risk management.Core Features1. Multi-Timeframe Signal Generation Daily Signals (D) - For intraday/swing trades (1-3 day holds) Weekly Signals (W) - For swing trades (3-10 day holds) Monthly Signals (M) - For position trades (weeks to months) All three timeframes can trigger simultaneously (pyramiding enabled) 2. Smart Money Concepts ImplementationOrder Blocks (OB) Automatically detects bullish and bearish order blocks Bullish OB = Down candle before strong impulse up Bearish OB = Up candle before strong impulse down Validates freshness (< 10 bars = higher quality) Visual boxes displayed on chart Fair Value Gaps (FVG) Identifies 3-candle imbalance patterns Bullish FVG = Gap between high and current low Bearish FVG = Gap between low and current high Tracks unfilled gaps as targets/entry zones Auto-removes when filled Premium/Discount Zones Calculates 50-period swing range Premium = Upper 50% (short from here) Discount = Lower 50% (long from here) Deep zones (<30% or >70%) for higher quality setups Visual shading: Red = Premium, Green = Discount Liquidity Sweeps Sell-Side Sweep (SSL) = False break below lows → reversal up Buy-Side Sweep (BSL) = False break above highs → reversal down Marked with yellow labels on chart Valid for 10 bars after occurrence Break of Structure (BOS) Identifies when price breaks recent swing high/low Confirms trend continuation Marked with small circles on chart 3. Confluence Scoring SystemEach timeframe has a 10-point scoring system based on your checklist requirements:Daily Score (10 points max) HTF Trend Alignment (2 pts) - 4H and Daily EMAs aligned SMC Structure (2 pts) - OB in correct zone with HTF bias Liquidity Sweep (1 pt) - Recent SSL/BSL occurred Volume Confirmation (1 pt) - Volume > 1.2x 20-period average Optimal Time (1 pt) - 9:30-12 PM or 2-4 PM ET (avoids lunch) Risk-Reward >2:1 (1 pt) - Built into exit strategy Clean Price Action (1 pt) - BOS occurred FVG Present (1 pt) - Near unfilled fair value gap Minimum Required: 6/10 (adjustable)Weekly Score (10 points max) Weekly/Monthly Alignment (2 pts) - W and M EMAs aligned Daily/Weekly Alignment (2 pts) - D and W trends match Premium/Discount Correct (2 pts) - Deep zone + trend alignment Major Liquidity Event (1 pt) - SSL/BSL sweep Order Block Present (1 pt) - Valid OB detected Risk-Reward >3:1 (1 pt) - Built into exit Fresh Order Block (1 pt) - OB < 10 bars old Minimum Required: 7/10 (adjustable)Monthly Score (10 points max) Monthly/Weekly Alignment (2 pts) - M and W trends match Weekly OB in Monthly Zone (2 pts) - OB in deep discount/premium Major Liquidity Sweep (2 pts) - Significant SSL/BSL Strong Trend Alignment (2 pts) - D, W, M all aligned Risk-Reward >4:1 (1 pt) - Built into exit Extreme Zone (1 pt) - Price <20% or >80% of range Minimum Required: 8/10 (adjustable)4. Entry ConditionsDaily Long Entry ✅ Daily score ≥ 6/10 ✅ 4H trend bullish (price > EMAs) ✅ Price in discount zone ✅ Bullish OB OR SSL sweep OR near bullish FVG ✅ NOT during avoid times (lunch/first 5 min)Daily Short Entry ✅ Daily score ≥ 6/10 ✅ 4H trend bearish ✅ Price in premium zone ✅ Bearish OB OR BSL sweep OR near bearish FVG ✅ NOT during avoid timesWeekly Long Entry ✅ Weekly score ≥ 7/10 ✅ Weekly trend bullish ✅ Daily trend bullish ✅ Price in discount ✅ Bullish OB OR SSL sweepWeekly Short Entry ✅ Weekly score ≥ 7/10 ✅ Weekly trend bearish ✅ Daily trend bearish ✅ Price in premium ✅ Bearish OB OR BSL sweepMonthly Long Entry ✅ Monthly score ≥ 8/10 ✅ Monthly trend bullish ✅ Weekly trend bullish ✅ Price in DEEP discount (<30%) ✅ Bullish order block presentMonthly Short Entry ✅ Monthly score ≥ 8/10 ✅ Monthly trend bearish ✅ Weekly trend bearish ✅ Price in DEEP premium (>70%) ✅ Bearish order block present5. Automated Risk ManagementPosition Sizing (Per Entry) Daily: 1.0% account risk per trade Weekly: 0.75% account risk per trade Monthly: 0.5% account risk per trade Formula: Contracts = (Account Equity × Risk%) ÷ (Stop Points × $50) Minimum = 1 contractStop Losses Daily: 12 points ($600 per contract) Weekly: 40 points ($2,000 per contract) Monthly: 100 points ($5,000 per contract) Profit Targets (Risk:Reward) Daily: 2:1 = 24 points ($1,200 profit) Weekly: 3:1 = 120 points ($6,000 profit) Monthly: 4:1 = 400 points ($20,000 profit) Example with $50,000 AccountDaily Trade: Risk = $500 (1% of $50k) Stop = 12 points × $50 = $600 Contracts = $500 ÷ $600 = 0.83 → 1 contract Target = 24 points = $1,200 profit Weekly Trade: Risk = $375 (0.75% of $50k) Stop = 40 points × $50 = $2,000 Contracts = $375 ÷ $2,000 = 0.18 → 1 contract Target = 120 points = $6,000 profit Monthly Trade: Risk = $250 (0.5% of $50k) Stop = 100 points × $50 = $5,000 Contracts = $250 ÷ $5,000 = 0.05 → 1 contract Target = 400 points = $20,000 profit 6. Visual Elements on ChartKey Levels Previous Daily High/Low - Red/Green solid lines Previous Weekly High/Low - Red/Green circles Previous Monthly High/Low - Red/Green crosses Equilibrium Line - White dotted line (50% of range) Zones Premium Zone - Light red shading (upper 50%) Discount Zone - Light green shading (lower 50%) SMC Markings Bullish Order Blocks - Green boxes with "Bull OB" label Bearish Order Blocks - Red boxes with "Bear OB" label Bullish FVGs - Green boxes with "FVG↑" Bearish FVGs - Red boxes with "FVG↓" Liquidity Sweeps - Yellow "SSL" (down) or "BSL" (up) labels Break of Structure - Small lime/red circles Entry Signals Daily Long - Small lime triangle ▲ with "D" below price Daily Short - Small red triangle ▼ with "D" above price Weekly Long - Medium green triangle ▲ with "W" below price Weekly Short - Medium maroon triangle ▼ with "W" above price Monthly Long - Large aqua triangle ▲ with "M" below price Monthly Short - Large fuchsia triangle ▼ with "M" above price 7. Information TablesConfluence Score Table (Top Right) ┌──────────┬────────┬────────┬────────┐ │ TF │ SCORE │ STATUS │ SIGNAL │ ├──────────┼────────┼────────┼────────┤ │ 📊 DAILY │ 7/10 │ ✓ PASS │ 🔼 │ │ 📈 WEEKLY│ 6/10 │ ✗ WAIT │ ━ │ │ 🌙 MONTH │ 9/10 │ ✓ PASS │ 🔽 │ ├──────────┴────────┴────────┴────────┤ │ P&L: $2,450 │ └─────────────────────────────────────┘ Green scores = Pass (meets minimum threshold) Orange/Red scores = Fail (wait for better setup) 🔼 = Long signal active 🔽 = Short signal active ━ = No signal Entry Checklist Table (Bottom Right) ┌──────────────┬───┐ │ CHECKLIST │ ✓ │ ├──────────────┼───┤ │ ━ DAILY ━ │ │ │ HTF Trend │ ✓ │ │ Zone │ ✓ │ │ OB │ ✗ │ │ Liq Sweep │ ✓ │ │ Volume │ ✓ │ │ ━ WEEKLY ━ │ │ │ W/M Align │ ✓ │ │ Deep Zone │ ✗ │ │ ━ MONTHLY ━ │ │ │ M/W/D Align │ ✓ │ │ Zone: Discount│ │ └──────────────┴───┘ Green ✓ = Condition met Red ✗ = Condition not met Real-time updates as market conditions change 8. Alert SystemIndividual Alerts: "Daily Long" - Triggers when daily long setup appears "Daily Short" - Triggers when daily short setup appears "Weekly Long" - Triggers when weekly long setup appears "Weekly Short" - Triggers when weekly short setup appears "Monthly Long" - Triggers when monthly long setup appears "Monthly Short" - Triggers when monthly short setup appears Combined Alerts: "Any Long Signal" - Catches any bullish opportunity (D/W/M) "Any Short Signal" - Catches any bearish opportunity (D/W/M) Alert Messages Include: 🔼/🔽 Direction indicator Timeframe (DAILY/WEEKLY/MONTHLY) Current confluence score
Pine Script® strategy
by Prototype1111
ATR + Moving AverageThis indicator shows a manually calculated Average True Range (ATR) along with a moving average of the ATR. The ATR measures current candle volatility. The ATR Moving Average shows the average candle size over the selected period. Both can use different smoothing types (RMA, SMA, EMA, WMA) for flexibility. It’s useful for seeing when price is stretched, volatility is expanding or contracting, and for higher-timeframe mean-reversion analysis.
Pine Script® indicator
by seeyeahslater
Hardwaybets Strat Market Checklist Trading## **Hardwaybets TheStrat Market Checklist Engine** **A Checklist-Driven TheStrat Trading** --- ### **Overview** This script is an **informational market context and permission framework** designed to help users **organize structural and liquidity information** in a clear, checklist-based format. It evaluates **price context only** and displays the results in a table. It does **not** generate trade signals or trading instructions. --- ### **What This Script Does** The indicator evaluates and displays: * Nearest prior **Area of Interest (AOI)** (Previous Day High/Low or Previous Week High/Low) * Higher-timeframe structural bias (Daily & Weekly) * Proximity to liquidity * Liquidity behavior (acceptance vs rejection) * **Strat pattern classification only** (12 canonical patterns) * A final **permission state** based on the above conditions All information is presented as **contextual reference data**, not execution guidance. --- ### **What This Script Does NOT Do** * ❌ No buy or sell signals * ❌ No arrows, markers, or execution prompts * ❌ No entries, exits, stops, or targets * ❌ No performance metrics or profitability claims * ❌ No strategy or backtesting logic The word **“TRADE”** in the dashboard refers to **permission status only**, not a recommendation to trade. --- ### **Dashboard Modes** * **Full Mode**: displays AOI price and distance (points & ticks) * **Compact Mode**: minimal checklist view for reduced screen usage Both modes are **informational only**. --- ### **Pattern Classification** The script identifies and labels Strat candle pattern **types only**, including: * Reversal patterns * Continuation patterns * Compression patterns * Expansion patterns Pattern labels are **descriptive classifications**, not signals or instructions. --- ### **Intended Use** This script is intended to be used as a **contextual reference tool** alongside a user’s own analysis, rules, or education. It may be useful for: * Market structure study * Liquidity behavior observation * Pattern classification review * Educational purposes --- ### **Technical Notes** * Pine Script® v6 * Uses completed candles only * No repainting logic * No future data access * Table-based UI only --- ### **Disclaimer** This indicator is provided **for educational and informational purposes only**. The author does not provide financial advice, trading recommendations, or execution guidance. All trading decisions remain the sole responsibility of the user. --- ### **Conceptual Attribution** This script is inspired by publicly available market structure concepts commonly referred to as “The Strat” methodology. No proprietary or paid content is included. --- ### **Feedback** Constructive feedback and suggestions are welcome. Please note that this script is intentionally **non-signaling by design**.
Pine Script® indicator
by hardwaybets
ORB 5 Min Break & Retest + Alerts By KhanORB 5-Minute Break & Retest Indicator This indicator plots the high and low of the first 5-minute candle of the trading session (Opening Range). It then monitors price for a breakout above or below the ORB levels and triggers an alert when price retests the broken level and holds. Designed to help identify high-probability ORB continuation setups with clear visual levels and TradingView alerts. If you want, I can also: Make it even shorter (1–2 lines) Write a more detailed TradingView public script description Add a usage guide (rules + best timeframe) Disclaimer: This is general information only and not financial advice. For personal guidance, please talk to a licensed professional.
Pine Script® indicator
by Khasan88
MTF EMA Stack + Curvature (D / 1H / 6m)Purpose of the Indicator The MTF EMA Stack + Curvature Indicator is a trend-alignment confirmation tool. Its goal is to identify high-probability trend continuation setups by requiring all of the following to agree: Trend direction (EMA stacking) Trend strength / acceleration (EMA curvature) Multi-timeframe alignment (Daily, 1-Hour, and 6-Minute) with you can change to your preference Instead of reacting to short-term noise, the indicator only signals when institutional-style trend structure is aligned across time frames.
Pine Script® indicator
by sledgeproduuctions
Heikin Ashi Wick Strategy 🔥 Heikin Ashi Wick Momentum Strategy “Trade momentum decay before the trend breaks. >> FOCUS ON WICKS, NOT ONLY CANDLE COLOR<< What Makes This Different (Traffic Driver) ✔ Uses Heikin Ashi wicks (almost nobody does this correctly) ✔ Captures trend continuation, not breakouts ✔ Exits before momentum collapse, not after ✔ Non-repainting ✔ Clean charts, instant readability This Strategy Is REALLY Trading This is a Heikin Ashi momentum-decay system: • Enters when trend is strong but not euphoric • Exits when: o Trend stops probing higher o Sellers gain relative strength It avoids: • Chasing strong breakout candles • Holding through momentum rollovers Candle Type Used: Heikin Ashi (manually calculated) NOTE: The script does not use regular candles. It reconstructs Heikin Ashi (HA) candles from raw OHLC: • HA Close = average of open, high, low, close • HA Open = midpoint of prior HA candle (smoothed) • HA High / Low = extremes of HA open/close vs real high/low ➡️ This filters noise and emphasizes trend structure and momentum. Strengths ✅ Works well in strong, smooth trends ✅ Very clean logic (no indicators) ✅ Non-repainting ✅ Early exits protect capital Best Use This works best on: • Daily timeframe • Strong trend ETFs / megacaps o QQQ o SPY o NVDA, MSFT, AAPL • When combined with: o EMA 21 trend filter (your preference) o Market regime filter (e.g., above 50/200 SMA) o Rising 10 EMA and 20 EMA ________________________________________ 8️⃣ Weaknesses (Important) ⚠️ No stop loss (only structure-based exits) ⚠️ Can exit too early in explosive trends ⚠️ Will chop in sideways markets ⚠️ No volatility filter (ATR, EMA, regime) How to Avoid the Weaknesses — Summary Turn the setup from a concept into a robust strategy by adding these controls: 1. Trade Only Trends o Require price above EMA-21 (optionally EMA-21 > EMA-50) o Eliminates chop and sideways markets 2. Improve Exits (Avoid Leaving Winners Too Early) o Partial exit when upper wick disappears o Full exit only when lower wick dominates o Optional: require 2 consecutive exit candles 3. Add Risk Protection o Use a volatility stop: ~1.5× ATR(14) below entry or below HA swing low o Protects against gaps and sudden reversals 4. Filter Weak Signals o Require meaningful wick size (≈30–40% of candle range) o Avoids low-quality indecision candles 5. Avoid Bad Volatility o Skip entries when ATR is expanding aggressively o Focus on calmer, controllable trends 6. Limit Time in Trade o Add a max bars hold (e.g., 10–15 bars on daily) o Prevents capital getting stuck in fading trends ⚠️ Educational use only. Not financial advice. Trading involves risk and losses can exceed expectations. Past performance does not guarantee future results. Use at your own risk.
Pine Script® strategy
by TrendRiderPro
Liquidity Sweep Sniper AP StyleAP Capital – Liquidity Sweep Sniper (Fab-Style) 📌 Overview This indicator is a precision scalping tool inspired by professional liquidity-based trading concepts often demonstrated by elite intraday scalpers. The script focuses on liquidity sweeps followed by strong displacement, aiming to capture short, high-probability momentum moves — particularly effective on lower timeframes (1–5 min) during active market sessions. It is not a signal spam tool. Signals appear only when multiple objective conditions align. 🧠 Core Concept Markets do not move randomly — they seek liquidity before expanding. This indicator identifies: Buy-side / Sell-side liquidity Liquidity sweeps (stop-hunts) Strong displacement candles reclaiming price Optional higher-timeframe trend alignment Only when all conditions are met does a signal print. 🔍 What the Indicator Detects 1️⃣ Liquidity Pools Equal highs or equal lows detected within a configurable lookback Minimum number of touches required ATR-based tolerance to adapt to volatility These levels represent areas where stop orders are likely resting. 2️⃣ Liquidity Sweep A valid sweep requires: Price to wick beyond the liquidity level Candle to close back inside the range This indicates failed breakout / stop-hunt behaviour. 3️⃣ Displacement Confirmation After the sweep, the candle must show: Strong body (default >60% of candle range) Candle range large relative to ATR Clear directional intent (momentum) This filters out weak reactions and chop. 4️⃣ Optional Trend Filter EMA-based higher-timeframe bias Helps align scalps with dominant direction Can be enabled or disabled 📈 Signals BUY: Sell-side liquidity sweep → bullish displacement SELL: Buy-side liquidity sweep → bearish displacement Signals are plotted directly on the chart and can be used with alerts. ⚙️ Recommended Usage Markets: XAUUSD, indices, liquid FX pairs Timeframes: 1m–5m Sessions: London & New York (best performance) Risk Management: Always required — this tool does not place trades Best used as a confirmation tool, not standalone. ⚠️ Important Notes This indicator is inspired by liquidity-based scalping concepts, not an exact replication of any individual trader’s private strategy. No indicator predicts the future — this tool highlights high-probability scenarios, not guarantees. Past performance is not indicative of future results.
Pine Script® indicator
by APCapitalTrading
LockedEye Trading Navigator**LockedEye Trading Navigator — Summary** This script is a real-time market decision dashboard designed to prevent impulsive trades by forcing structure, context, and confirmation checks into a single glance. It does not generate blind buy/sell signals. It evaluates market conditions, trend alignment, and risk context before allowing a trade bias. **Core Purpose** Acts as a pre-trade checklist, not a signal spammer. Helps traders wait, filter, and align with structure. Designed for scalping to intraday trading. Optimized to reduce FOMO entries and late trades. **Key Features** **1. Market State Detection** Classifies the market into TREND ↑, TREND ↓, or COOKING (ranging/compression). Uses volatility compression and linear regression slope to prevent trading during low-quality conditions. **2. Multi-Timeframe Moving Average Alignment** Tracks trend alignment using EMA 6 & 21 (momentum bias), EMA 50 (mid-trend filter), EMA 200 (macro bias), and EMA 70 & 99 on M15 (higher-timeframe confirmation). Each MA condition is displayed with directional arrows and color-coded backgrounds. **3. Break of Structure (BOS)** Detects bullish or bearish structure breaks based on recent range. Flags BULL, BEAR, or NO. Used as structural confirmation, not as a standalone signal. **4. MACD Momentum Bias** Evaluates MACD line versus signal line. Outputs BULL, BEAR, or NONE. Acts as momentum confirmation for trend continuation or exhaustion. **5. RSI Divergence Detection** Detects basic bullish and bearish divergence. Highlights momentum disagreement with price. Used as a boost factor, not a trigger. **6. Candlestick Context** Identifies bullish engulfing, bearish engulfing, and doji candles. Used to validate entry timing rather than direction alone. **7. Volume Behavior** Compares current volume to a 20-period SMA. Flags INCREASING or DECREASING to confirm whether price movement is supported by participation. **8. ICT Candle Logic (Correctly Color-Coded)** Evaluates the current close relative to the previous candle. INSIDE: Close remains within the previous high/low, indicating consolidation. OUTSIDE (Green): Close above previous high, indicating bullish expansion. OUTSIDE (Red): Close below previous low, indicating bearish expansion. Helps avoid misreading fake breakouts and inside bars. **9. Price Location Awareness** Determines whether price is at SUPPORT, at RESISTANCE, or in MID range. Ensures trades are only considered where risk is logical. **10. Final Trade Summary Engine** Outputs one of four states: LONG OK, SHORT OK, WAIT, or NO TRADE. Requires trend alignment, MACD agreement, structure and location validation, and at least one supporting confirmation. **Design Philosophy** No repainting by default. No emotional signals. No hindsight bias. Forces discipline and patience. Designed as a decision filter, not a prediction tool. **Best Use Case** Scalping and intraday trading. Traders who struggle with overtrading. Traders who want structure before execution. Works best when combined with manual price action reading.
Pine Script® indicator
by Lockedeye
Killzones by (Pecurtoo)This indicator highlights key trading sessions on the chart in UTC+1 (Brussels) timezone. It allows traders to visually identify the Asian, London, New York AM, and New York PM sessions with customizable start and end times and colors. The sessions are displayed as shaded backgrounds on the chart, making it easier to spot periods of high market activity and potential volatility. All session times and colors can be fully edited by the user, providing flexibility to match different trading strategies. It is ideal for traders using ICT Killzone concepts, intraday strategies, or those who want to track session-specific market activity.
Pine Script® indicator
by Pecurtooo
Filtered Outside BarPerfect! Let’s create a **TradingView-ready description** with **visual explanations** for your “RSI Filtered Outside Bar” indicator. I’ll include **how it looks on the chart** and **what each feature does** so your post will be professional and clear. --- # 📊 RSI Filtered Outside Bar – Indicator **Overlay:** ✅ Yes (Plotted on price chart) **Purpose:** Detects **bullish and bearish outside bars** filtered by RSI overbought/oversold conditions. Perfect for spotting reversals or continuation setups. --- ## 🔹 Features | Feature | Description | | ------------------------- | -------------------------------------------------------------------------------------------------------- | | **Outside Bar Detection** | Detects consecutive outside bars (user-configurable `Number of Outside Bars`) | | **RSI Filter** | Only triggers if previous bar RSI is in overbought or oversold zones | | **Signal Arrows** | Optional bullish (green) and bearish (red) arrows plotted on chart | | **Signal Lines** | Optional horizontal lines at high/low of the outside bar with configurable length and color | | **Customizable Inputs** | Users can adjust RSI period, overbought/oversold levels, line color, extension length, arrows visibility | --- ## 🔹 Input Settings **Outside Bar Settings:** * Number of Outside Bars * Show Arrow (✅/❌) * Show Signal Lines (✅/❌) * Signal Line Extension Length * Signal Line Color **RSI Settings:** * RSI Length * RSI Overbought Level * RSI Oversold Level --- ## 🔹 How It Works (Visual Explanation) **1️⃣ Bullish Outside Bar Signal** * Previous bars are bearish * Current bar is an outside bar (high > previous high, low < previous low) * RSI of previous bar in overbought/oversold zone **Chart Example:** ``` High ──────────────● │ Close ──────────● │ Open ──────────│● │ Low ──────────│ ● Bullish Arrow ↓ (below bar) Horizontal line at high & low ``` --- **2️⃣ Bearish Outside Bar Signal** * Previous bars are bullish * Current bar is an outside bar * RSI of previous bar in overbought/oversold zone **Chart Example:** ``` High ──────────●│ Open ──────────│●│ Close──────────│ │● Low ──────────● Bearish Arrow ↑ (above bar) Horizontal line at high & low ``` --- ## 🔹 Notes * Works on **any timeframe** * Overlay on price chart, so arrows and lines are visible directly on candles * Lines extend automatically based on user-defined length * Arrow color, size, and line color are configurable --- ✅ **Trading Strategy Use Cases:** * Spot potential **reversals** after RSI extremes * Identify **high probability breakout bars** * Combine with support/resistance or trend indicators
Pine Script® indicator
by RAJATAMIL
Midnight Open Line by PecurtoooMidnight Open line, based on SMT concepts. This indicator plots the Midnight Open price of the current trading day and draws a horizontal reference line starting exactly at 06:00. The line is created only on intraday timeframes from 5 minutes up to 1 hour and automatically resets at the start of each new day. The purpose of the indicator is to provide a clear session-based price reference for London and New York trading, allowing traders to observe how price reacts to the midnight open after the Asian session. The line color and width are fully customizable, and the indicator respects the selected timezone to ensure accurate session alignment. This tool is intended for intraday trading and session analysis, helping identify potential support, resistance, and directional bias relative to the daily midnight open.
Pine Script® indicator
by Pecurtooo
Mizan v12: The Void Hunter (Ontological Liquidity)Title: Mizan v12: The Void Hunter (Ontological Liquidity Engine) Overview: Mizan v12 is an advanced market structure tool that identifies Liquidity Voids (Fair Value Gaps) and uses a proprietary L-Score Engine to predict price reversion or continuation. Based on the philosophy of "Ontological Potential," it assumes that unfilled gaps act as magnets, pulling the price toward areas where market orders were not fully realized. Technical Components: The L-Score Engine: A composite momentum and volume index using normalized CCI (Velocity), RSI (Saturation), and CMF (Mass). It determines whether a "Displacement" move has enough gravity to sustain its direction. Void Detection (FVG): The script dynamically identifies voids where a gap exists between the wicks of the 1st and 3rd candle. These are visualized as colored boxes. Mitigation Logic: To keep the chart clean, the indicator automatically "mitigates" (deletes) void boxes once the price has retraced and filled the gap. The Magnet Effect: It calculates the nearest active void above and below the current price, providing clear targets for take-profits or entry zones. Operational Status: Hunting Void: L-Score confirms momentum toward the nearest unfilled gap. Reversion Completed: Price has successfully retraced into a void and is showing signs of a bounce. Displacement: A strong impulse move that is leaving new voids behind, indicating a high-velocity trend.
Pine Script® indicator
by muratkavak02
Quarterly Cycles [Daye's Theory] with LabelsDescription: This indicator automates the Quarterly Theory (also known as Cycle Days Theory), popularized by traders like Daye. It divides time into four distinct quarters to help traders identify the algorithmic phases of price delivery: Accumulation, Manipulation, Distribution, and Continuation (or Reversal). Unlike standard cycle indicators that just color the background, this script draws High/Low Boxes around each quarter. This makes it significantly easier to spot SMT Divergences (Smart Money Technique) and liquidity sweeps between correlated assets (e.g., comparing the Q2 box on NQ vs. ES). Key Features: Fully Adaptive Timeframes: The indicator automatically switches modes based on your chart: Intraday (1m - 30m): Shows Daily Cycles (Asia, London, NY AM, NY PM). Weekly (1H - 2H): Shows Weekly Cycles (Mon, Tue, Wed, Thu). Monthly (4H+): Shows Monthly Cycles (Week 1, Week 2, Week 3, Week 4). New York Time Locked: All calculations are hardcoded to New York time (EST/EDT). You do not need to change your chart's timezone settings; the boxes will always appear at the correct algorithmic times. True Open & Equilibrium: True Open Line: Automatically plots a line from the Open of Q2 (e.g., Midnight NY). Price above this line suggests a Long bias; below suggests Short. 50% Equilibrium: (Optional) Toggle a midline to easily see if price is in Premium or Discount relative to the quarter's range. Settings: Fully customizable colors for Q1-Q4. Toggle labels, borders, and the "True Open" line.
Pine Script® indicator
by CookieCookie0_0