Get started

Chart patterns

Interactive Compound Interest ProjectorThis indicator is an interactive tool designed for long-term investors and analysts who want to compare an asset's performance against a theoretical compound interest growth curve. Unlike static tools, this script utilizes the Interactive Anchor feature. This allows you to click on any specific point on the chart (e.g., a market bottom, a specific entry date, or a previous all-time high) to serve as the starting point ("Principal") for the projection. How to use Add the indicator to your chart. Important: Because confirm=true is enabled, the script will wait for you to click on the chart. Click on the specific candle you want to use as the "Start Date". The Yellow Line will appear starting from that candle. Open the indicator settings to adjust: Annual Interest Rate: (Default 6.0%). Project until Year: (Default 2050). Use this to visualize if an asset is "beating" a standard benchmark (like a 10% S&P500 average or a 4% risk-free rate) from a specific moment in time. Disclaimer: This tool is for educational and comparative analysis purposes only and does not guarantee future results.
Pine Script® indicator
by MrOskama
Key Levels v1Key Levels This comprehensive multi-timeframe indicator provides traders with key price levels and opening ranges across multiple timeframes, designed to identify significant support/resistance zones and market structure. KEY FEATURES: 📦 Monthly Range Box - Automatically draws a box capturing the high and low of the first 9 hours of each new month - Box extends until the next month begins - Includes an optional mid-line showing the 50% level of the range - Fully customizable colors, line styles, and background opacity 📊 Multi-Timeframe Open Lines The indicator plots horizontal lines at the open price of: - Midnight Open (00:00 session start) - 4-Hour Open (updates every 4-hour candle) - Daily Open (true daily candle open) - Weekly Open (start of trading week) - Monthly Open (start of new month) - Yearly Open (start of new year) 🎯 Smart Label System - Automatic label combining when multiple timeframe opens overlap at the same price - Clean text labels positioned ahead of current price to avoid obstruction - Labels show combined timeframes (e.g., "Monthly Open / Weekly Open") ⚙️ Customization Options Each timeframe open line includes: - Toggle on/off independently - Custom color selection - Line style options (Solid, Dashed, Dotted) - Organized settings grouped by timeframe for easy navigation 🔧 Technical Implementation - Uses request.security() for accurate higher timeframe data - Works on any chart timeframe - Lines extend 10 bars beyond current price for clear label visibility - Efficient overlap detection prevents duplicate labels IDEAL FOR: ✓ Identifying key institutional levels ✓ Trading range breakouts ✓ Multi-timeframe analysis ✓ Support and resistance zones ✓ Session-based trading strategies All settings are organized chronologically from shortest to longest timeframe for intuitive configuration.
Pine Script® indicator
by whyamiherenow
FiboBot Position TrackerManual position tracking overlay with Fibonacci levels, ATR-based stops, and Chandelier trailing stop. Visualizes entries, targets, stop losses with real-time P&L and R:R calculations. #### Features Position Visualization - Two entry levels with average entry calculation - Two target levels (T1 and T2) - Original pivot points display (SP1/SP2 for shorts, LP1/LP2 for longs) Stop Loss Management - Fixed initial stop loss (typically ATR-based) - Chandelier Trailing Stop - Activates after Target 1 is hit - Automatic breakeven protection after T1 - Visual distinction between fixed and trailing stops ### Chandelier Trailing Stop Logic The Chandelier stop provides dynamic trailing protection after your first target is hit: For SHORT positions: - Tracks the lowest low since position opened - Stop = Lowest Low + (ATR × Chandelier Multiple) - Only moves down (in your favor), never up For LONG positions: - Tracks the highest high since position opened - Stop = Highest High - (ATR × Chandelier Multiple) - Only moves up (in your favor), never down After T1 Hit: - Stop automatically moves to at least breakeven - Chandelier can trail beyond breakeven if price continues favorably
Pine Script® indicator
by TokenStats
Smart Money Concepts by Rakesh Sharma🎯 SMART MONEY CONCEPTS - TRADE WITH INSTITUTIONS Reveal where banks, hedge funds, and institutional traders enter the market. Trade alongside smart money, not against them! ✨ FEATURES: - Order Blocks (OB) - Institutional buying/selling zones - Fair Value Gaps (FVG) - Market inefficiencies to exploit - Break of Structure (BOS) - Trend continuation signals - Change of Character (ChoCh) - Early reversal detection - Liquidity Sweeps - Stop hunt identification - Premium/Discount Zones - Buy cheap, sell expensive - Live Dashboard - Real-time market structure 🎯 HOW TO USE: ✓ BUY in Discount Zone at Bullish Order Blocks ✓ SELL in Premium Zone at Bearish Order Blocks ✓ Wait for ChoCh or BOS confirmation ✓ Follow institutional footprints for high-probability setups 📊 PERFECT FOR: All markets - Nifty, Bank Nifty, Stocks, Forex, Crypto All timeframes - 5m (scalping), 15m (intraday), Daily (swing) ⚡ TRADING EDGE: Stop trading like retail. Start trading like institutions. See where smart money accumulates and distributes. Catch reversals early with ChoCh signals. Created by: Rakesh Sharma | Version 1.0
Pine Script® indicator
by rabin97
SIGMA 0.44📌 الشرح بالعربي: اسم المؤشر: SIGMA 0.44 الوظيفة: يساعد المتداول على تحديد اتجاه السوق، مناطق الدخول والخروج، وأهداف السعر اليومية. ✅ المميزات: تحديد جلسات السوق (افتتاح، أوروبا، أمريكا) مع مستويات دعم ومقاومة ديناميكية. إشارات دخول مؤكدة. رسم أهداف اليوم من نطاق الساعة الأولى. رسم المتوسط 200 EMA لتحديد الاتجاه العام. رسم خطوط افتتاح اليوم، وبعد ساعة، وبعد 4 ساعات لمراقبة حركة السعر. 🎯 الفائدة: مؤشر متكامل يساعدك على تحليل السوق بدقة واتخاذ قرارات مدروسة باستخدام أدوات احترافية. 📌 English Summary: Indicator Name: SIGMA 0.44 Purpose: Helps traders identify market direction, entry/exit zones, and daily price targets. ✅ Features: Detects market sessions (Open, Europe, US) with dynamic support/resistance levels. Provides confirmed entry signals. Draws daily targets based on the first hour range. Includes 200 EMA to define the overall trend. Plots daily open line, +1 hour, and +4 hours to track price behavior. 🎯 Benefit: A complete indicator that helps you analyze the market accurately and make informed trading decisions using professional tools. ⚠️ إخلاء المسؤولية: هذا المؤشر لا يُعد توصية مباشرة للبيع أو الشراء، ولا يضمن الأرباح أو نتائج محددة. الأداء السابق لا يعني بالضرورة أداءً مستقبليًا مماثلًا. المستخدم هو المسؤول الوحيد عن قراراته الاستثمارية، وينبغي عليه دراسة السوق وتحليل المخاطر قبل الدخول في أي صفقة. 💰 إدارة رأس المال: من الضروري الالتزام بإستراتيجية واضحة لإدارة رأس المال. لا تخاطر بأكثر من 1-2٪ من رأس مالك في الصفقة الواحدة، واستخدم وقف الخسارة دائمًا. التداول بدون خطة مالية مدروسة قد يؤدي إلى خسائر كبيرة، لذلك اجعل حماية رأس المال أولوية قبل البحث عن الأرباح. ⚠️ Disclaimer: This indicator is not a direct buy or sell recommendation and does not guarantee profits or specific outcomes. Past performance is not indicative of future results. The user is solely responsible for their trading decisions and should perform their own market analysis and risk assessment before entering any trade. 💰 Capital Management: It is essential to follow a clear risk management strategy. Do not risk more than 1–2% of your total capital per trade, and always use a stop-loss. Trading without a solid financial plan may lead to significant losses, so prioritize capital protection before seeking profits.
Pine Script® indicator
by matar007
CISD**CISD – Continuous Implied Structure Displacement (Body-Based Version)** CISD displays structure levels derived from a simple sequence: 1. A valid pullback (based on body closes only) 2. Followed by a displacement (a body-based break in the opposite direction) When these two conditions occur, the script prints a CISD level at the pullback’s reference price. Each CISD level extends forward until price closes through it using body logic only. --- ### How this version works **1. Pullback Detection (Body-Only)** A pullback is recognized when a candle’s body meaningfully retraces the previous candle’s body. Tiny candles are filtered out, reducing noise and improving level quality. **2. CISD Formation** After a valid pullback, if price breaks structure in the opposite direction using body highs/lows only: - A **Bullish CISD** level is created from a bearish pullback - A **Bearish CISD** level is created from a bullish pullback **3. CISD Completion** When a CISD level is violated by a full body close beyond the level, the CISD is marked completed and a new opposite CISD becomes eligible. **4. Visual Output** - Clean horizontal CISD levels - Single active level per direction (unless extended manually) - Labels marked “CISD” for clarity --- ### What this indicator is *not* This tool does **not** generate trade signals or provide financial advice. It is a visual mechanism for observing how price reacts to pullback-based structural shifts using body logic only. --- ### Intended Use CISD can help users: - Track transitions in short-term structure - Identify when pullbacks lead to meaningful displacement - Observe reaction points derived strictly from body behavior (ignoring wicks) The logic is minimalistic and designed for clean, uncluttered structure observation.
Pine Script® indicator
by elhayekpaul2000
Fibonacci Zones and RejectionsThis tool combines swing structure, Fibonacci retracements and candle-wick rejection logic to highlight high-probability reversal or continuation zones. What it does Tracks market structure automatically Detects swing highs and swing lows based on a user-defined Structure Period. Marks bullish shifts in structure and bearish shifts with CHoCH labels and Break of Structure (BoS) lines. Optionally draws a dotted swing trend line between the active swing high and swing low and can show price labels at those swing points. Draws dynamic Fibonacci retracements on the latest swing Automatically anchors a Fibonacci retracement between the current swing high and swing low. Lets you enable/disable individual Fibonacci levels and customize their values, colors and line width. Can extend Fib levels forward to the latest bar and optionally keep previous Fib structures on the chart for context. Optionally fills the “Golden Zone” (by default the first two levels, e.g. 0.50 and 0.618) so the core pullback area is visually obvious. Defines an OTE / “Gold Zone” band from the active Fib levels Uses the first two Fib lines (by default 0.50 and 0.618 or set another zone such as 61.8% to 78.6%) to form a live “Optimal Trade Entry” band. Continuously updates this band as new structure forms and swings develop. Detects rejection candles inside the Fib OTE band Breaks each candle into upper wick, lower wick, body and total range. A bullish rejection is a candle where: Price trades into the OTE band, The lower wick is a large portion of the bar’s range, and The body is not tiny (minimum body-to-range ratio is configurable). A bearish rejection is the mirror condition using the upper wick. Only candles whose range overlaps the OTE band are considered; this filters for true reactions to the Fib zone. Plots clear signals and alerts Bullish OTE rejection is plotted as a large cross at the low of the candle. Bearish OTE rejection is plotted as a large cross at the high of the candle. Built-in alertcondition calls allow you to set alerts for: Bullish OTE Rejection Bearish OTE Rejection Optional “debug” markers can show all raw rejection candles and all bars that sit inside the OTE band, to help you understand how the logic behaves. Use cases Identify pullback entries into the desired Fib zone after a clear structural move. Confirm reversals or continuations using wick-based rejection inside a pre-defined Fib discount/premium zone. Combine with your own higher-timeframe bias or ICT / SMC tools to refine entry timing around key levels.
Pine Script® indicator
by muddydefenders
2
Bassi MACD Pro + ADX Filter + Smart Histogram TP + RSIA professional-grade MACD indicator that dramatically reduces false signals by combining four powerful filters: Key Features Classic MACD (12,26,9) with clean, high-visibility histogram coloring ADX + DI filter – only takes trades when ADX > user-defined threshold (default 25) ensuring you trade only in strong trending markets Smart Histogram Take-Profit logic – automatically detects the exact moment bullish/bearish momentum starts to weaken after a strong move and marks a precise TP level (one TP per trade – no repainting, no multiple signals) Zero-line crossover confirmation + histogram direction filter – eliminates many whipsaw signals common in regular MACD Separate RSI pane with overbought/oversold levels and visual markers (for additional confluence – does not interfere with main logic) Visual Signals Green “MACD BUY” label + lime triangle = confirmed long entry in strong trend Red “MACD SELL” label + red triangle = confirmed short entry in strong trend Small lime/red “TP” triangles = Smart Histogram Take-Profit triggered (perfect exit timing based on momentum fade) Alert Conditions Included MACD BUY MACD SELL TP Long Hit TP Short Hit Combined “Any Signal” alert Why this version outperforms standard MACD Most MACD crossovers fail in ranging markets. This script solves that by: Requiring strong trend (ADX filter) Confirming histogram is actually growing in the new direction Waiting for the true zero-line cross with momentum Giving you an intelligent, non-fixed % take-profit based on real histogram exhaustion Excellent for swing trading, day trading, crypto, forex, and stocks on any timeframe (works especially well on 1H–4H–Daily). Clean, fast, no repainting, fully alert-ready. Add to chart → set your alerts → trade only the highest-probability MACD signals.
Pine Script® indicator
by Mahdibas
2
Price Action Strategy v2.0 [Ista]💎 Overview Price Action Strategy v2.0 is a comprehensive, all-in-one institutional trading toolkit designed for visual traders who demand precision. Unlike standard indicators, this tool focuses on the narrative of price by combining advanced Market Structure, Institutional Order Flow, and Predictive Analytics into a single, non-cluttered interface. The core philosophy of this script is "Clean Precision". It filters out noise and presents only the most critical decision-making data via smart chart overlays and a state-of-the-art Analytic Dashboard. 🚀 Key Features 1. 🏛️ Institutional Order Blocks (Origin Scan Engine) This is not a standard pivot-based OB indicator. We utilize a proprietary "Origin Scan" algorithm that: Detects the exact origin candle responsible for a structural break (BOS). Filters out weak blocks, keeping only the most significant institutional footprints. Smart Management: Limits active blocks to the 3 most recent per side (Support/Resistance) to keep charts clean. Ghost Mode: When an Order Block is broken, it doesn't just disappear; it turns into a faint "Ghost" level, allowing you to see historical reactions without visual clutter. 2. 🔮 Echo Forecast (Predictive Path) A powerful forecasting engine based on Pattern Similarity: Scans historical price action (Evaluation Window) to find patterns mathematically similar to the current market state. Projects the most likely future path (Forecast Window) directly onto the chart. Uses a cumulative calculation method to smooth out noise and provide a realistic trajectory. Visual Coding: The forecast line thickens and changes color based on the Confidence Score (Correlation %). High confidence patterns (>80%) are highlighted in deep green. 3. 📊 ISTA Command Center (Analytic Dashboard) A professional, compact, and right-aligned dashboard that acts as your trading HUD. It monitors 8 vital market vitals in real-time: Market Structure: Real-time Swing trend direction. HTF Trend: Higher Timeframe bias (Price Action based). Momentum: Current & HTF RSI status (Overbought/Oversold). MACD: Signal crossover status. Smart Money Flow (MFI): Detects institutional accumulation/distribution. Volatility (ATR%): Current market volatility percentage. Forecast Confidence: The statistical reliability of the current Echo Forecast. 4. 📉 Dynamic EMAs Includes three key moving averages (20, 200, 1440) with dynamic transparency logic. They fade into the background when not interacting with price, ensuring they are there when you need them but invisible when you don't. 🛠️ How to Use Identify Trend: Look at the Dashboard. If Structure and HTF Trend align (e.g., both Bullish), look for longs. Wait for Pullback: Wait for price to return to a Bullish Order Block. Confirm: Check the Forecast line. Does it suggest a bounce? Check MFI and RSI on the dashboard for oversold conditions. Execute: Use the Order Block edges for precise entry and invalidation points. ⚙️ Settings Swing Length: Adjust sensitivity of the structure (Default: 10). Evaluation Window: How far back the Echo Forecast looks for patterns (Default: 300). Dashboard: Fully customizable position and size. Developed by Soheil_kheiri | Ista Web Analytics
Pine Script® indicator
by soheilkheiri
TMT Support & Resistance - Hitesh NimjeTMT Support & Resistance - HiteshNimje Indicator Overview The TMT Support & Resistance indicator is a professional pivot point analysis tool that automatically calculates and displays key support and resistance levels across multiple timeframe perspectives. It offers various pivot point calculation methods and provides customizable visual elements for comprehensive technical analysis. Key Features Pivot Point Calculation Methods 1. Traditional Pivot Points Standard pivot point calculation using Previous Period High, Low, and Close Creates P, S1, S2, S3, R1, R2, R3 levels Most widely used method for day trading and swing trading 2. Fibonacci Pivot Points Incorporates Fibonacci retracement levels (38.2%, 61.8%) Uses traditional pivot as base with Fibonacci extensions Popular among traders following Fibonacci analysis 3. Woodie Pivot Points Alternative calculation method with different weighting Emphasizes opening price in calculations Preferred by some intraday traders 4. Classic Pivot Points Similar to traditional but with different level calculations Balanced approach to support/resistance identification Timeframe Options * Auto: Automatically selects optimal timeframe based on chart timeframe Intraday ≤15min → Daily Intraday >15min → Weekly Daily → Monthly * Fixed Timeframes: Daily, Weekly, Monthly, Quarterly, Yearly * Extended Periods: Biyearly, Triyearly, Quinquennially, Decennially Level Management System Support Levels (Blue Colored) * TMT Support 1 (S1): First major support level * TMT Support 2 (S2): Second support level * TMT Support 3 (S3): Third support level * TMT Support 4 (S4): Fourth support level (Traditional/Camarilla only) * TMT Support 5 (S5): Fifth support level (Traditional/Camarilla only) Resistance Levels (Black Colored) * TMT Resistance 1 (R1): First major resistance level * TMT Resistance 2 (R2): Second resistance level * TMT Resistance 3 (R3): Third resistance level * TMT Resistance 4 (R4): Fourth resistance level (Traditional/Camarilla only) * TMT Resistance 5 (R5): Fifth resistance level (Traditional/Camarilla only) Central Pivot (Orange Colored) * Pivot Point (P): Central price level used for S/R calculations Customization Options Display Settings * Show Labels: Toggle pivot level identification labels * Show Prices: Display actual price values next to levels * Labels Position: Choose between Left or Right positioning * Line Width: Adjustable thickness (1-100 pixels) for all pivot lines Data Source Options * Use Daily-based Values: ON: Uses official daily OHLC values for calculations OFF: Uses intraday data with extended hours consideration * Number of Pivots Back: Historical pivot display (1-200 levels) Color Customization * Individual color selection for each support/resistance level * Default colors: Supports (Blue), Resistances (Black), Pivot (Orange) * Full color picker integration for all levels Technical Features Smart Display Logic * Intraday Charts: Automatically uses daily-based calculations when intraday data is insufficient * Multi-timeframe Compatibility: Adapts to chart timeframe and pivot timeframe differences * Extended Hours Handling: Incorporates extended trading hours when enabled on chart Dynamic Level Management * Real-time Updates: Levels update as new data becomes available * Historical Tracking: Maintains configurable number of historical pivot periods * Automatic Cleanup: Removes old pivot graphics when limit is exceeded Visual Elements * Time-based Lines: Lines extend across full time periods for clear visual reference * Price Labels: Contextual information showing level names and prices * Professional Styling: Clean, professional appearance suitable for any trading style Use Cases Day Trading Applications * Session Management: Use daily pivots for intraday trading decisions * Range Trading: Camarilla levels excellent for range-bound strategies * Breakout Confirmation: Use pivot breaks as entry/exit signals Swing Trading Applications * Weekly/Monthly Pivots: Identify key levels for multi-day positions * Trend Analysis: Track how price interacts with higher timeframe pivots * Risk Management: Set stop-losses and take-profits at pivot levels Long-term Trading Applications * Quarterly/Yearly Pivots: Major institutional levels for position trading * Support/Resistance Maps: Create comprehensive price level roadmap * Market Structure Analysis: Understand price behavior around key levels Benefits for Traders Professional Analysis * Multiple Methodologies: Choose pivot calculation that matches trading style * Timeframe Flexibility: Analyze from multiple temporal perspectives * Historical Context: See how price has historically responded to pivot levels Risk Management * Level Identification: Clear visual reference for stop-loss placement * Position Sizing: Use pivot distances for risk/reward calculations * Entry Timing: Identify optimal entry points near support/resistance Market Understanding * Psychological Levels: Understand where market participants react * Volume Confirmation: Cross-reference pivot levels with volume data * Trend Continuation: Identify pivot levels that may continue or reverse trends Technical Specifications * Pine Script Version: 6 * Overlay: True (displays on price chart) * Performance: Optimized for up to 200 historical pivot periods * Compatibility: All trading instruments and timeframes * Data Source: OHLC-based pivot calculations with security function integration Trading Strategy Integration 1. Support/Resistance Trading: Enter trades at S1/R1 with stops beyond S2/R2 2. Pivot Bounce Strategy: Trade bounces from established pivot levels 3. Range Trading: Use Camarilla pivots for tight range strategies 4. Breakout Strategy: Enter breakouts with confirmation from pivot breaks 5. Multiple Timeframe Analysis: Combine daily, weekly, and monthly pivots for comprehensive analysis This indicator serves as a comprehensive support and resistance analysis tool, providing traders with institutional-quality pivot point analysis across multiple calculation methods and timeframes. It combines professional-grade pivot point calculations with intuitive customization options, making it suitable for traders of all experience levels and trading styles. TRADING DISCLAIMER RISK WARNING Trading involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. NO FINANCIAL ADVICE This indicator is provided for educational and informational purposes only. It does not constitute: * Financial advice or investment recommendations * Buy/sell signals or trading signals * Professional investment advice * Legal, tax, or accounting guidance LIMITATIONS AND DISCLAIMERS Technical Analysis Limitations * Pivot points are mathematical calculations based on historical price data * No guarantee of accuracy of price levels or calculations * Markets can and do behave irrationally for extended periods * Past performance does not guarantee future results * Technical analysis should be used in conjunction with fundamental analysis Data and Calculation Disclaimers * Calculations are based on available price data at the time of calculation * Data quality and availability may affect accuracy * Pivot levels may differ when calculated on different timeframes * Gaps and irregular market conditions may cause level failures * Extended hours trading may affect intraday pivot calculations Market Risks * Extreme market volatility can invalidate all technical levels * News events, economic announcements, and market manipulation can cause gaps * Liquidity issues may prevent execution at calculated levels * Currency fluctuations, inflation, and interest rate changes affect all levels * Black swan events and market crashes cannot be predicted by technical analysis USER RESPONSIBILITIES Due Diligence * You are solely responsible for your trading decisions * Conduct your own research before using this indicator * Verify calculations with multiple sources before trading * Consider multiple timeframes and confirm levels with other technical tools * Never rely solely on one indicator for trading decisions Risk Management * Always use proper risk management and position sizing * Set appropriate stop-losses for all positions * Never risk more than you can afford to lose * Consider the inherent risks of leverage and margin trading * Diversify your portfolio and trading strategies Professional Consultation * Consult with qualified financial advisors before trading * Consider your tax obligations and legal requirements * Understand the regulations in your jurisdiction * Seek professional advice for complex trading strategies LIMITATION OF LIABILITY Indemnification The creator and distributor of this indicator shall not be liable for: * Any trading losses, whether direct or indirect * Inaccurate or delayed price data * System failures or technical malfunctions * Loss of data or profits * Interruption of service or connectivity issues No Warranty This indicator is provided "as is" without warranties of any kind: * No guarantee of accuracy or completeness * No warranty of uninterrupted or error-free operation * No warranty of merchantability or fitness for a particular purpose * The software may contain bugs or errors Maximum Liability In no event shall the liability exceed the purchase price (if any) paid for this indicator. This limitation applies regardless of the theory of liability, whether contract, tort, negligence, or otherwise. REGULATORY COMPLIANCE Jurisdiction-Specific Risks * Regulations vary by country and region * Some jurisdictions prohibit or restrict certain trading strategies * Tax implications differ based on your location and trading frequency * Commodity futures and options trading may have additional requirements * Currency trading may be regulated differently than stock trading Professional Trading * If you are a professional trader, ensure compliance with all applicable regulations * Adhere to fiduciary duties and best execution requirements * Maintain required records and reporting * Follow market abuse regulations and insider trading laws TECHNICAL SPECIFICATIONS Data Sources * Calculations based on TradingView data feeds * Data accuracy depends on broker and exchange reporting * Historical data may be subject to adjustments and corrections * Real-time data may have delays depending on data providers Software Limitations * Internet connectivity required for proper operation * Software updates may change calculations or functionality * TradingView platform dependencies may affect performance * Third-party integrations may introduce additional risks MONEY MANAGEMENT RECOMMENDATIONS Conservative Approach * Risk only 1-2% of capital per trade * Use position sizing based on volatility * Maintain adequate cash reserves * Avoid over-leveraging accounts Portfolio Management * Diversify across multiple strategies * Don't put all capital into one approach * Regularly review and adjust trading strategies * Maintain detailed trading records FINAL LEGAL NOTICES Acceptance of Terms * By using this indicator, you acknowledge that you have read and understood this disclaimer * You agree to assume all risks associated with trading * You confirm that you are legally permitted to trade in your jurisdiction Updates and Changes * This disclaimer may be updated without notice * Continued use constitutes acceptance of any changes * It is your responsibility to stay informed of updates Governing Law * This disclaimer shall be governed by the laws of the jurisdiction where the indicator was created * Any disputes shall be resolved in the appropriate courts * Severability clause: If any part of this disclaimer is invalid, the remainder remains enforceable REMEMBER: THERE ARE NO GUARANTEES IN TRADING. THE MAJORITY OF RETAIL TRADERS LOSE MONEY. TRADE AT YOUR OWN RISK. Contact Information: * Creator: Hitesh_Nimje * Phone: Contact@8087192915 * Source: Thought Magic Trading © HiteshNimje - All Rights Reserved This disclaimer should be prominently displayed whenever the indicator is shared, sold, or distributed to ensure users are fully aware of the risks and limitations involved in trading.
Pine Script® indicator
by HiteshNimje_2026
TMT Sessions - Hitesh NimjeTMT Sessions - Hitesh Nimje Indicator Overview The TMT Sessions indicator is a comprehensive trading tool designed to visualize and analyze the four major global trading sessions. It provides session-based technical analysis including ranges, trends, averages, and statistical metrics for each trading session. Key Features Four Global Trading Sessions 1. Session A - New York (13:00-22:00 UTC) Color: Blue (#0000FF) Default timeframe: US/Eastern market hours 2. Session B - London (07:00-16:00 UTC) Color: Black (#000000) Default timeframe: European market hours 3. Session C - Tokyo (00:00-09:00 UTC) Color: Red (#FF0000) Default timeframe: Asian market hours 4. Session D - Sydney (21:00-06:00 UTC) Color: Orange (#FFA500) Default timeframe: Australian market hours Technical Analysis Tools Range Analysis: * Visual range boxes showing session high/low boundaries * Transparent background areas with configurable transparency * Range outline borders * Session labels with customizable text display Trend Analysis: * Linear regression trendlines for each session * Statistical metrics including: R-squared values for trend strength Standard deviation calculations Correlation measurements Statistical Indicators: * Session Averages: Simple Moving Averages (SMA) calculated within each session * VWAP: Volume Weighted Average Price for session-based intraday analysis * Max/Min Lines: Highest and lowest prices recorded during each session Visual Elements Session Dividers: * Visual markers showing session start/end points * Session identification symbols (NYE, LDN, TYO, SYD) * Configurable divider display options Dashboard Features: * Basic Dashboard: Session status (Active/Inactive) with color-coded indicators * Advanced Dashboard: Additional metrics including: Session trend strength (R-squared values) Volume data Standard deviation statistics * Multiple dashboard positions (Top Right, Bottom Right, Bottom Left) * Configurable text sizes (Tiny, Small, Normal) Customization Options Timezone Management: * UTC offset adjustment (+/- hours) * Exchange timezone option for automatic adjustment * Session time customization Display Settings: * Individual session enable/disable * Color customization for each session * Range area transparency control * Line description display toggle * Session text label configuration Use Cases 1. Session-Based Trading: Identify optimal trading times for each global session 2. Range Trading: Use session ranges as support/resistance levels 3. Trend Analysis: Track session-specific trends and momentum 4. Statistical Analysis: Monitor session volatility and trend strength 5. Market Structure: Understand how price moves across different trading sessions Technical Specifications * Pine Script Version: 6 * Overlays: True (displays on price chart) * Performance: Optimized for up to 500 bars back * Multi-element Support: Handles up to 500 lines, boxes, and labels * Data Source: Compatible with all trading instruments and timeframes Benefits for Traders 1. Global Market Awareness: Visual representation of all major trading sessions 2. Session Analysis: Automated calculation of key session statistics 3. Trading Strategy Development: Session-based entry and exit signals 4. Risk Management: Session ranges for stop-loss and take-profit levels 5. Market Timing: Optimal trading session identification This indicator is particularly valuable for forex traders, day traders, and anyone who needs to understand price behavior across different global market sessions. It combines multiple technical analysis concepts into a unified, session-focused trading tool. TRADING DISCLAIMER RISK WARNING Trading involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. NO FINANCIAL ADVICE This indicator is provided for educational and informational purposes only. It does not constitute: * Financial advice or investment recommendations * Buy/sell signals or trading signals * Professional investment advice * Legal, tax, or accounting guidance LIMITATIONS AND DISCLAIMERS Technical Analysis Limitations * Pivot points are mathematical calculations based on historical price data * No guarantee of accuracy of price levels or calculations * Markets can and do behave irrationally for extended periods * Past performance does not guarantee future results * Technical analysis should be used in conjunction with fundamental analysis Data and Calculation Disclaimers * Calculations are based on available price data at the time of calculation * Data quality and availability may affect accuracy * Pivot levels may differ when calculated on different timeframes * Gaps and irregular market conditions may cause level failures * Extended hours trading may affect intraday pivot calculations Market Risks * Extreme market volatility can invalidate all technical levels * News events, economic announcements, and market manipulation can cause gaps * Liquidity issues may prevent execution at calculated levels * Currency fluctuations, inflation, and interest rate changes affect all levels * Black swan events and market crashes cannot be predicted by technical analysis USER RESPONSIBILITIES Due Diligence * You are solely responsible for your trading decisions * Conduct your own research before using this indicator * Verify calculations with multiple sources before trading * Consider multiple timeframes and confirm levels with other technical tools * Never rely solely on one indicator for trading decisions Risk Management * Always use proper risk management and position sizing * Set appropriate stop-losses for all positions * Never risk more than you can afford to lose * Consider the inherent risks of leverage and margin trading * Diversify your portfolio and trading strategies Professional Consultation * Consult with qualified financial advisors before trading * Consider your tax obligations and legal requirements * Understand the regulations in your jurisdiction * Seek professional advice for complex trading strategies LIMITATION OF LIABILITY Indemnification The creator and distributor of this indicator shall not be liable for: * Any trading losses, whether direct or indirect * Inaccurate or delayed price data * System failures or technical malfunctions * Loss of data or profits * Interruption of service or connectivity issues No Warranty This indicator is provided "as is" without warranties of any kind: * No guarantee of accuracy or completeness * No warranty of uninterrupted or error-free operation * No warranty of merchantability or fitness for a particular purpose * The software may contain bugs or errors Maximum Liability In no event shall the liability exceed the purchase price (if any) paid for this indicator. This limitation applies regardless of the theory of liability, whether contract, tort, negligence, or otherwise. REGULATORY COMPLIANCE Jurisdiction-Specific Risks * Regulations vary by country and region * Some jurisdictions prohibit or restrict certain trading strategies * Tax implications differ based on your location and trading frequency * Commodity futures and options trading may have additional requirements * Currency trading may be regulated differently than stock trading Professional Trading * If you are a professional trader, ensure compliance with all applicable regulations * Adhere to fiduciary duties and best execution requirements * Maintain required records and reporting * Follow market abuse regulations and insider trading laws TECHNICAL SPECIFICATIONS Data Sources * Calculations based on TradingView data feeds * Data accuracy depends on broker and exchange reporting * Historical data may be subject to adjustments and corrections * Real-time data may have delays depending on data providers Software Limitations * Internet connectivity required for proper operation * Software updates may change calculations or functionality * TradingView platform dependencies may affect performance * Third-party integrations may introduce additional risks MONEY MANAGEMENT RECOMMENDATIONS Conservative Approach * Risk only 1-2% of capital per trade * Use position sizing based on volatility * Maintain adequate cash reserves * Avoid over-leveraging accounts Portfolio Management * Diversify across multiple strategies * Don't put all capital into one approach * Regularly review and adjust trading strategies * Maintain detailed trading records FINAL LEGAL NOTICES Acceptance of Terms * By using this indicator, you acknowledge that you have read and understood this disclaimer * You agree to assume all risks associated with trading * You confirm that you are legally permitted to trade in your jurisdiction Updates and Changes * This disclaimer may be updated without notice * Continued use constitutes acceptance of any changes * It is your responsibility to stay informed of updates Governing Law * This disclaimer shall be governed by the laws of the jurisdiction where the indicator was created * Any disputes shall be resolved in the appropriate courts * Severability clause: If any part of this disclaimer is invalid, the remainder remains enforceable REMEMBER: THERE ARE NO GUARANTEES IN TRADING. THE MAJORITY OF RETAIL TRADERS LOSE MONEY. TRADE AT YOUR OWN RISK. Contact Information: * Creator: Hitesh_Nimje * Phone: Contact@8087192915 * Source: Thought Magic Trading © HiteshNimje - All Rights Reserved This disclaimer should be prominently displayed whenever the indicator is shared, sold, or distributed to ensure users are fully aware of the risks and limitations involved in trading.
Pine Script® indicator
by HiteshNimje_2026
10% and 23.6% support bandsWhen a share is in momentum and showing lot of strength that relative strength it takes breather at 10% band from new 52 week high and and tends to consolidate at 23.6% from new 52 week high. This forms a higher low and gives opportunity to get in the rally. The volume bars should be taken into consideration as low volume and dry up at the bottom indicate reversal is coming. The stoploss for all entry is 1% below recent base low and entry pont is crossing of weekly high with greater than 20 days volume average.
Pine Script® indicator
by rajkamalbothra