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TRIZONACCI_Mean reversal_signalsMarket State Engine Deterministic Confidence-Scoring System for TradingView A professional-grade PineScript v5 indicator that scores market conditions from 0-100, helping traders identify high-quality trading opportunities through systematic structure analysis, VWAP positioning, order flow dynamics, and time-based context. 🎯 Overview The Market State Engine is not a trading bot—it's a noise-reduction and opportunity-ranking system designed to filter market conditions and surface only the highest-quality setups. Instead of blindly taking every signal, this indicator: ✅ Scores market conditions objectively (0-100 scale) ✅ Filters out low-probability setups automatically ✅ Classifies opportunities into A, A+, and A++ grades ✅ Alerts only on confirmed structure shifts with supporting context ✅ Keeps the human in control - provides intelligence, not automation Philosophy: Reduce Noise. Enforce Discipline. Surface Quality. 🚀 Key Features Deterministic Scoring - No black boxes, fully explainable logic Multi-Factor Analysis - Combines 4 independent market state components Structure-First Approach - Only alerts on confirmed pivot breaks VWAP Mean Reversion Logic - Directional filtering based on VWAP zones Order Flow Proxy - CVD divergence and confirmation detection Session-Aware Scoring - Prioritizes high-volume New York sessions Alert De-Duplication - One alert per unique structure shift Zero Repainting - Uses confirmed pivots only (left=2, right=2) Fully Configurable - All parameters exposed as inputs Visual Feedback - VWAP bands, setup labels, and real-time score panel 📊 Scoring System (0-100) The Market State Engine evaluates four independent components, each contributing up to 25 points for a maximum total score of 100. 🎯 Component Breakdown Component Max Points Description VWAP Context 25 Measures price deviation from session VWAP Structure Shift 25 Confirms pivot breakout (HARD GATE) CVD Alignment 25 Detects order flow divergence/confirmation Time-of-Day 25 Identifies high-probability trading sessions 1️⃣ VWAP Context (Max 25 Points) Purpose: Identifies extreme price deviations from fair value for mean-reversion opportunities. VWAP (Volume-Weighted Average Price) is calculated session-anchored to New York market time, with standard deviation bands creating zones of opportunity. Band Structure: 1st Band: ±1σ from VWAP (fair value zone) 2nd Band: ±2σ from VWAP (moderate deviation) 3rd Band: ±3σ from VWAP (extreme deviation) Scoring Logic (Exclusive): Price in 3rd VWAP Band (>2σ and ≤3σ) → +25 points Price in 2nd VWAP Band (>1σ and ≤2σ) → +15 points Otherwise (inside 1σ or beyond 3σ) → 0 points Key Insight: The further price stretches from VWAP, the higher the probability of mean reversion. 2️⃣ Structure Shift (Max 25 Points) — HARD GATE Purpose: Confirms momentum shift through confirmed pivot breakouts. ⚠️ CRITICAL: Structure shift is mandatory. If no valid structure shift occurs, the total score becomes 0 regardless of other factors. Detection Method: Uses TradingView's ta.pivothigh() and ta.pivotlow() functions with locked parameters: Left bars: 2 Right bars: 2 Source: Configurable (Wick or Body) Break confirmation: Candle close only Bullish Structure Shift: ✅ Prior swing high exists (confirmed pivot) ✅ Current candle closes above swing high + tick buffer ✅ Must occur in VWAP 2nd or 3rd band ✅ VWAP Filter: Price must be at or below VWAP (lower bands) Bearish Structure Shift: ✅ Prior swing low exists (confirmed pivot) ✅ Current candle closes below swing low - tick buffer ✅ Must occur in VWAP 2nd or 3rd band ✅ VWAP Filter: Price must be at or above VWAP (upper bands) Scoring: Valid structure shift → +25 points No structure shift → Total score = 0 Tick Buffer: Default 5 ticks (configurable) - prevents false breaks from minor price noise. 3️⃣ CVD Alignment (Max 25 Points) Purpose: Detects institutional order flow through volume delta analysis. CVD (Cumulative Volume Delta) is a proxy for order flow: Close > Open → +Volume (buying pressure) Close < Open → -Volume (selling pressure) Scoring Logic: Condition Points Description Divergence +25 Price makes higher high + CVD makes lower high (bearish) Price makes lower low + CVD makes higher low (bullish) Confirmation +20 Price and CVD both make higher highs or lower lows Neutral 0 No clear divergence or confirmation Lookback Window: Last 20 bars (configurable) - prevents stale divergences. Key Insight: Divergences suggest weakening momentum, while confirmations validate the trend. 4️⃣ Time-of-Day Context (Max 25 Points) Purpose: Prioritizes high-volume, high-volatility New York sessions. Scored Sessions (America/New_York timezone): Session Time Range (NY) Points Description Pre-Market 03:00 - 04:00 +25 Early liquidity injection Market Open 09:30 - 11:30 +25 Highest volume period Off-Hours All other times 0 Lower probability setups Key Insight: Structure shifts during active sessions have higher follow-through probability. 🏆 Setup Classification Setups are graded based on total score thresholds (configurable): Grade Score Range Typical Components Quality Level A++ Setup ≥90 All 4 factors aligned (VWAP 3rd band + Structure + CVD + Session) Premium - Rare A+ Setup ≥75 Structure + VWAP + CVD or Session (3 of 4 factors) High - Select A Setup ≥60 Structure + VWAP + Session (Minimum viable setup) Good - Regular No Grade <60 Insufficient confluence Filtered out Default Thresholds: A Setup: 60 points A+ Setup: 75 points A++ Setup: 90 points 📥 Installation Step 1: Download the Indicator Download the market_state_engine.pine file from this repository. Step 2: Add to TradingView Open TradingView Open the Pine Editor (bottom panel) Click "New" → "Blank indicator" Delete all default code Paste the contents of market_state_engine.pine Click "Add to Chart" Step 3: Configure for Your Symbol Click the gear icon next to the indicator name Adjust Tick Size for your instrument: ES futures: 0.25 NQ futures: 0.25 Stocks: 0.01 Save settings ⚙️ Configuration Symbol Settings Parameter Default Description Tick Size 0.25 Minimum price movement for your symbol Tick Buffer Count 5 Ticks beyond swing for valid break VWAP Settings Parameter Default Description VWAP Band 1 (σ) 1.0 1st standard deviation multiplier VWAP Band 2 (σ) 2.0 2nd standard deviation multiplier VWAP Band 3 (σ) 3.0 3rd standard deviation multiplier Session Settings Parameter Default Description Session 1 0300-0400 Pre-market window (NY time) Session 2 0930-1130 Market open window (NY time) Score Thresholds Parameter Default Description A Setup Threshold 60 Minimum score for A grade A+ Setup Threshold 75 Minimum score for A+ grade A++ Setup Threshold 90 Minimum score for A++ grade CVD Settings Parameter Default Description CVD Divergence Lookback 20 Maximum bars for divergence detection Swing Settings Parameter Default Options Description Swing Detection Method Wick Wick / Body Use high/low or open/close for pivots Visual Settings Parameter Default Description Show VWAP Bands ✅ Display VWAP and standard deviation bands Show Setup Labels ✅ Display setup markers on chart Show Score Panel ✅ Display real-time score breakdown 📖 How to Use Step 1: Apply to 1-Minute Chart ⚠️ The indicator is locked to 1-minute timeframe - do not use on other timeframes. Step 2: Understand the Visual Signals Setup Labels Green Triangle (▲) - Bullish (Long) setup detected Red Triangle (▼) - Bearish (Short) setup detected Label shows Grade (A/A+/A++) and Total Score VWAP Bands Yellow Line - Session VWAP (fair value) Blue Bands - ±1σ (fair value zone) Purple Bands - ±2σ (moderate deviation) Red Bands - ±3σ (extreme deviation) Score Panel (Top Right) Real-time breakdown of all four components: Component Score VWAP Zone 15/25 Structure 25/25 CVD 20/25 Session 25/25 TOTAL 85/100 (A+) Step 3: Interpret Signals Valid Long Setup: ✅ Green triangle below candle ✅ Price in lower VWAP bands (below VWAP) ✅ Structure shift breaks swing high ✅ Score ≥60 Valid Short Setup: ✅ Red triangle above candle ✅ Price in upper VWAP bands (above VWAP) ✅ Structure shift breaks swing low ✅ Score ≥60 Step 4: Set Up Alerts (See Alert Conditions section) 🚦 Signal Filters (VWAP Zone Logic) The indicator uses directional VWAP filtering to prevent counter-trend signals: Long Signals (Green) Only allowed when price is AT or BELOW VWAP ✅ Lower 2nd band (-2σ to -1σ) ✅ Lower 3rd band (-3σ to -2σ) ✅ At VWAP exactly ❌ BLOCKED in upper bands (above VWAP) Logic: Longs when price is stretched below fair value (mean reversion) Short Signals (Red) Only allowed when price is AT or ABOVE VWAP ✅ Upper 2nd band (+1σ to +2σ) ✅ Upper 3rd band (+2σ to +3σ) ✅ At VWAP exactly ❌ BLOCKED in lower bands (below VWAP) Logic: Shorts when price is stretched above fair value (mean reversion) 🎨 Visual Elements Chart Overlays Element Color Description VWAP Line Yellow Session-anchored fair value ±1σ Bands Blue Fair value zone (no score) ±2σ Bands Purple Moderate deviation (15 pts) ±3σ Bands Red Extreme deviation (25 pts) Swing Highs Red ▼ Confirmed pivot highs Swing Lows Green ▲ Confirmed pivot lows Session Background Light Green Active high-value session Setup Labels Bullish Setup: A+ ▲ 75 Green label below candle, shows grade and score Bearish Setup: A++ ▼ 90 Red label above candle, shows grade and score Score Panel Real-time table in top-right corner: Individual component scores (0-25 each) Total score (0-100) Current setup grade (A/A+/A++) Updates in real-time as market conditions change 🔔 Alert Conditions Setting Up Alerts Method 1: Built-in Alert Conditions Click "Create Alert" in TradingView Select Market State Engine as condition Choose alert type: Bullish Setup - Long signals only Bearish Setup - Short signals only Any Setup - All signals Set to "Once Per Bar Close" Configure notification method (app, email, webhook) Method 2: Custom Alert Message Alert messages include full breakdown: A+ Setup Detected (Score: 85) Components: VWAP(25) + Structure(25) + CVD(20) + Time(15) CVD State: Confirmation Direction: Long Timeframe: 1m Alert Behavior ✅ One alert per unique pivot break - no spam ✅ Fires on candle close only - no repainting ✅ Minimum score filter - only A grade or higher (≥60) ✅ Direction-specific - separate bullish/bearish conditions ⚠️ No cooldown between different pivots - multiple alerts per session allowed if different swing levels break 🔧 Technical Details Timeframe Lock Required: 1-minute chart only Reason: Scoring model calibrated for 1m micro-structure Future: Multi-timeframe support planned for v2 Timezone Configuration Hard-coded: America/New_York Session Detection: Uses TradingView's native session functions Consistency: All time-based logic uses NY timezone Swing Detection Parameters Locked to specification: ta.pivothigh(source, left=2, right=2) ta.pivotlow(source, left=2, right=2) Implications: Pivots confirmed 2 bars after formation No repainting - historical pivots don't move 4-bar minimum swing structure (2 left + pivot + 2 right) VWAP Calculation Type: Session-anchored (resets daily) Source: Typical price (high + low + close) / 3 Weighting: Volume-weighted Standard Deviation: True population standard deviation CVD Proxy Formula barDelta = close > open ? volume : close < open ? -volume : 0 CVD = cumulative sum of barDelta (session-reset) Performance Limits Max Labels: 500 (TradingView limit) Max Bars Back: 500 Memory: Lightweight - uses only essential variables 💡 Best Practices 1. Use as a Filter, Not a Strategy ❌ Don't: Blindly take every signal ✅ Do: Use score as confluence for your existing analysis 2. Higher Grades = Better Probability A Setups (60-74): Regular opportunities, still require discretion A+ Setups (75-89): High-quality, multiple factors aligned A++ Setups (90-100): Rare premium opportunities, strongest edge 3. Respect the VWAP Zone Filter The indicator automatically blocks: Longs in upper VWAP bands (counter-trend) Shorts in lower VWAP bands (counter-trend) Trust this logic - it enforces mean reversion discipline. 4. Monitor the Score Panel Watch which components are scoring to understand why a setup formed: Missing CVD score? → No order flow confirmation Missing Time score? → Outside high-volume sessions Low VWAP score? → Weak deviation from fair value 5. Combine with Risk Management The indicator provides opportunity scoring, not position sizing: Use stop losses based on swing structure Scale position size with setup grade (larger on A++, smaller on A) Set profit targets at VWAP or opposing band 6. Session Awareness Prioritize signals during active sessions: 03:00-04:00 NY: Pre-market momentum 09:30-11:30 NY: Highest volume, tightest spreads Off-hours signals (0 time score) are lower probability but still valid if other factors strong. 7. Understand the Hard Gate If no structure shift occurs: Total score = 0 No alerts fire Other components irrelevant Why? Structure shift confirms momentum change - without it, there's no tradable opportunity. 8. Avoid Over-Optimization Default settings are well-calibrated: Don't chase "perfect" parameters Test changes on historical data before live use Document any modifications 9. Leverage Alert De-Duplication The indicator prevents spam automatically: One alert per unique swing break New swing levels = new alerts No need to manually filter notifications 10. Supplement with Price Action Use the indicator alongside: Support/resistance levels Order flow footprint charts Volume profile Market internals (breadth, TICK, etc.) 📚 Example Scenarios Example 1: A++ Premium Setup (Score: 95) Price: In lower 3rd VWAP band (-2.8σ) → VWAP: 25 pts Structure: Close breaks swing high → Structure: 25 pts CVD: Price LL + CVD HL (bullish div) → CVD: 25 pts Time: 10:15 AM NY (market open) → Time: 25 pts Direction: LONG (price below VWAP) → Valid Grade: A++ (95/100) Interpretation: All factors aligned - premium mean-reversion long opportunity. Example 2: A+ Strong Setup (Score: 80) Price: In upper 2nd VWAP band (+1.5σ) → VWAP: 15 pts Structure: Close breaks swing low → Structure: 25 pts CVD: Price HH + CVD LH (bearish div) → CVD: 25 pts Time: 2:00 PM NY (off-hours) → Time: 0 pts Direction: SHORT (price above VWAP) → Valid Grade: A+ (65/100) Interpretation: Strong setup despite off-hours, bearish divergence adds confidence. Example 3: Filtered Setup (Score: 0) Price: In upper 3rd VWAP band (+2.5σ) → VWAP: 25 pts (if allowed) Structure: Close breaks swing high → Structure: BLOCKED CVD: Price HH + CVD HH (confirmation) → CVD: 20 pts (if allowed) Time: 10:00 AM NY → Time: 25 pts (if allowed) Direction: LONG (price ABOVE VWAP) → ❌ INVALID ZONE Grade: None (0/100) - NO ALERT Interpretation: VWAP filter blocked long signal in upper band - prevents counter-trend trade. 🛠️ Troubleshooting No Signals Appearing ✅ Verify you're on 1-minute chart ✅ Check Tick Size matches your symbol ✅ Ensure VWAP Bands are visible ✅ Wait for confirmed pivots (requires at least 5 bars of history) Alerts Not Firing ✅ Confirm alert is set to "Once Per Bar Close" ✅ Check score threshold (must be ≥60 by default) ✅ Verify VWAP zone filter isn't blocking signals ✅ Check that structure shift is actually occurring Score Always Zero ✅ No structure shift detected (hard gate active) ✅ Price may not be in valid VWAP zone (2nd or 3rd band) ✅ Insufficient swing history (wait for pivots to form) Too Many/Too Few Signals Too many signals: Increase A Setup Threshold (e.g., 70 instead of 60) Increase Tick Buffer Count (reduces false breaks) Too few signals: Decrease A Setup Threshold (e.g., 50 instead of 60) Decrease Tick Buffer Count (more sensitive to breaks) 📜 License This indicator is provided under the Mozilla Public License 2.0. 🤝 Credits Developed as a professional trading tool for systematic opportunity identification. Philosophy: Reduce noise. Enforce discipline. Keep the human in control. 📞 Support For questions, issues, or feature requests, please consult: This README documentation The specification document (pinescript_market_state_engine_spec.docx) Inline code comments in market_state_engine.pine 🔄 Version History v1.0 (Current) Initial release 4-component scoring model (VWAP + Structure + CVD + Time) VWAP zone directional filtering Alert de-duplication Configurable inputs Real-time score panel Session-aware logic 🎓 Understanding the Numbers Quick Reference Card Score Range Grade Quality Typical Use 90-100 A++ Premium Highest conviction trades 75-89 A+ High Strong probability setups 60-74 A Good Acceptable with discretion 0-59 None Filtered Skip or wait for confluence Component Contribution Examples Minimum A Setup (60 points): Structure (25) + VWAP 3rd band (25) + Time (25) = 75 ✅ Typical A+ Setup (75 points): Structure (25) + VWAP 2nd band (15) + CVD confirm (20) + Time (25) = 85 ✅ Maximum A++ Setup (100 points): Structure (25) + VWAP 3rd band (25) + CVD divergence (25) + Time (25) = 100 ✅ 🎯 Final Reminder This is NOT a trading bot. This is NOT financial advice. This is a decision-support tool. Always: ✅ Use proper risk management ✅ Understand the logic before trading ✅ Backtest on your symbols ✅ Keep the human in control Happy Trading! 📈
Pine Script® indicator
by TC_BE
TSLA Cycle Timing - 122-Day Reversal Map (Adaptive Framework)This indicator is a timing map built specifically for Tesla (TSLA) on the Daily chart. It plots a repeating set of vertical, color-coded timing markers inside a 122-bar cycle (commonly treated as ~122 trading days on the Daily timeframe). These markers highlight reversal “zones”—areas where TSLA has historically shown a tendency to pivot from high-to-low and low-to-high within the cycle. The script includes: 23 TSLA-derived set points (Points 1–23): the core timing map used to mark the most repeatable reversal areas. Two optional “Inversion Points” (INV A / INV B): manual markers you can enable when TSLA’s high/low sequence appears to flip due to a structural deviation. One additional optional marker (OPT C) for user customization. This is not an auto-buy/sell system. It is a cycle-structure framework designed to help you anticipate when a reversal is more likely to occur, so you can combine it with your own confirmation tools (price action, trend context, support/resistance, volume, etc.). Definitions (How this script interprets highs/lows) In the context of cycle mapping: A High Point is the highest price reached between two neighboring high pivots. A Low Point is the lowest price reached between two neighboring low pivots. The vertical lines are timing markers, not “guaranteed pivot candles.” Price may top/bottom slightly before or after a line. That’s why the script includes an optional ± window (in bars) to visualize a small tolerance zone around each marker. How it works (Conceptually) The script defines a repeating cycle length (default 122 bars). Inside each cycle, each point has an offset measured in bars from the cycle start. For every cycle instance (past, current, and optional future cycles), the script draws: a vertical dotted line at each enabled point offset optional ± window bands around the line optional labels (numbers for set points and “INV” labels for inversion points) Because this is a Tesla-specific map, the default offsets for Points 1–23 are preconfigured based on TSLA’s observed structure, and the remaining optional points are user-controlled. How to Use (Important) 1) Use the Daily chart first This model is designed around TSLA’s Daily cycle behavior. Start with: Symbol: TSLA Timeframe: 1D If you use other timeframes, the cycle “tempo” can change and may require different offsets. 2) Identify the cycle start (anchor) Cycle mapping depends on where the current cycle is anchored. Use “Bars Back to Current Cycle Start” to shift the cycle start so that the script’s point sequence aligns with your most recent known cycle beginning. Once aligned, the points should repeat near each 122-bar interval. 3) Read the vertical markers as reversal zones The colored vertical lines represent areas where reversals have historically occurred, not a promise that price must reverse exactly on the line. A practical approach: Use the marker as a “heads-up” zone Wait for confirmation (trend break, candle structure, momentum shift, key level reaction, etc.) 4) Understand “set points” vs “Inversion Points” Set Points (1–23) These are the primary TSLA reversal zones that tend to recur within the 122-bar structure. Specific numbered points often appear near the same relative position inside each cycle. Inversion Points (INV A / INV B) Occasionally, TSLA’s cycle behavior can flip—meaning the expected high-to-low (or low-to-high) progression temporarily swaps order. This is what I refer to as an inversion. When you see a cycle behaving “backwards” relative to the usual sequence: Enable INV A and/or INV B Place their offsets at the bar locations where the flip becomes obvious Use these markers as manual annotations so your cycle notes stay consistent even when TSLA deviates from its typical rhythm These inversion markers do not force the script to predict a flip—they allow you to document it cleanly. 5) Use the ± Window Bands to manage real-world variance Markets don’t pivot on perfect timestamps. If a reversal tends to happen “around” a point: Enable ± Window Bands Set Window ± Bars (commonly 1–3 bars on 1D) This gives a realistic visual tolerance zone around each timing marker. Settings Guide (Practical) Cycle Length (bars): 122 (TSLA Daily baseline) Lookback Bars: increase to study more history, decrease for performance Future Cycles: use sparingly; future markers are guidance zones, not guarantees Past Cycles: Lines Only: recommended ON for stable performance Labels at Top: helps keep the chart clean and readable Final Notes / Limitations This is a historical timing framework designed to map TSLA’s repeating reversal structure. It helps estimate when reversal pressure tends to appear, but it does not replace risk management or confirmation. Cycle behavior can stretch, compress, or invert during unusual volatility regimes—hence the inclusion of optional inversion markers.
Pine Script® indicator
by Dinjin
StO Price Action - Impulse CandleShort Summary - Highlights impulse candles based on relative momentum - Compares current or previous closed candles against prior price movement - Uses a configurable momentum factor to filter significant impulses - Designed to make strong directional candles visually stand out Full Description Overview - Identifies impulse candles with strong momentum - Focuses on candle-to-candle expansion rather than trend or structure - Intended to visually emphasize moments of acceleration in price - Works as a complementary tool to price action and volatility analysis Impulse Candle Logic - Impulse candles are detected by comparing the current candle range to previous candles - A candle is considered an impulse when its range exceeds prior movement by a defined factor - The comparison basis can be (current forming Candle, previous fully closed Candle) Momentum Factor - The momentum factor defines how much stronger a candle must be compared to earlier candles - Higher values filter out smaller moves and highlight only extreme impulses - Lower values allow more frequent impulse detection - Helps adapt the indicator to different instruments and volatility regimes Range Calculation - Two range calculation modes are available: - Open / Close (Body range): - Measures body-based momentum - Focuses on directional conviction - High / Low (Candle range): - Measures full volatility expansion - Includes wicks and intrabar extremes Visualization - Impulse candles are highlighted using a customizable bar color - Designed to remain minimal and unobtrusive Alerts - Optional alert can be enabled after detected impulse candles - Useful for monitoring momentum shifts without constant screen time Usage - Suitable for breakout detection and momentum confirmation - Helps identify volatility expansion phases - Can be used for entry timing or trade management Notes - This indicator does not predict direction on its own - Impulse candles may occur in both trending and ranging markets - Best used in combination with structure, levels or higher-timeframe context - Momentum thresholds should be adjusted per market and timeframe
Pine Script® indicator
by sto_svc
MACD 12-26-9 with Slope, Convergence & Divergence1. Core Indicator: MACD (12-26-9) The script uses the standard MACD: Fast EMA: 12 Slow EMA: 26 Signal EMA: 9 It plots: MACD Line → short-term vs long-term momentum Signal Line → smoothed MACD Histogram → distance between MACD and Signal 2. Histogram Slope (Momentum Acceleration) What it is The slope measures how fast the MACD histogram is changing. histSlope = hist - hist What it tells you Positive slope → momentum accelerating Negative slope → momentum slowing Slope flip → early momentum shift (often before MACD cross) Why it matters MACD crosses are lagging. Histogram slope gives early warning of momentum changes. 3. Convergence & Divergence (MACD vs Signal) How it’s calculated The script measures the distance between the MACD and Signal lines: distance = abs(macdLine - signalLine) Convergence → distance is shrinking Divergence → distance is expanding Interpretation Convergence = compression / energy building Divergence = expansion / trend strength or exhaustion This is not price divergence, but internal momentum structure. 4. MACD Perimeter Threshold (Momentum Filter) What it is Horizontal bands above and below zero that define a “noise zone”. Inside perimeter → weak / choppy momentum Outside perimeter → strong momentum Why it’s useful Filters low-quality MACD crosses Identifies compression → expansion Helps spot trend exhaustion when momentum fades outside the band 5. Visual Encoding (What you see) Histogram colors Bright green / red → strong acceleration Dull green / maroon → weakening momentum Gray → indecision MACD line color Yellow → converging (compression) Orange → diverging (expansion) Blue → neutral Markers Up triangle → bullish convergence Down triangle → bearish divergence 6. How traders use this indicator Trend continuation MACD above zero Histogram positive Slope rising Divergence expanding ➡ Strong trend continuation Pullback entries Trend intact Histogram pulls back toward zero Slope turns up again ➡ High-probability re-entry Breakout anticipation Long convergence Histogram flattening Sudden slope expansion ➡ Breakout likely Exhaustion warning Large divergence Histogram slope weakens Momentum fails to expand ➡ Trend may stall or reverse 7. Best use cases Works best as a momentum confirmation tool Combine with: Market structure Support / resistance Moving averages Volume or Force Index
Pine Script® indicator
by mattyjoy6787
Week High/LowThis indicator plots the Previous Week High and Low as two horizontal dashed lines. It is designed to appear only on the Daily (D) and Weekly (W) timeframes, ensuring a clean higher-timeframe context without lower-timeframe noise. The levels are calculated from the completed weekly candle and automatically update at the start of each new week. These levels serve as weekly liquidity references, commonly used to assess premium/discount zones, potential stop-run areas, and higher-timeframe market reactions.
Pine Script® indicator
by bacle8899
Daily Support/Resistance Points (Historical Days)indicator plots support and resistance levels derived from historical price action. It analyzes higher‑timeframe candles (Daily/Weekly/Monthly) and ranks levels by strength and number of touches, then draws the most relevant levels around the current price. If no strong levels are found, it falls back to touch‑based levels so you still get meaningful lines. How to Use: Add the script to any chart. Choose Levels Timeframe: Auto (recommended): follows the chart timeframe (D/W/M). D / W / M: force a specific timeframe. Set lookback windows: Lookback Days (D) – default 200 Lookback Weeks (W) – default 104 Lookback Months (M) – default 60 Adjust sensitivity: Min Strength – filters weaker levels. Volume Multiplier – requires higher volume for stronger levels. Time Decay – gives more weight to recent data. Min Touches (Fallback) – used when no strong levels are found. Optional: enable Show Debug Info to see how many levels are detected. Open Source & License: This script is open source under the MIT License. You are свободно to use, modify, and share it with attribution. Author / Contact: Ron Belson For questions or requests, contact: ronbelson@gmail.com
Pine Script® indicator
by ronibelson
High-volume buy and sell signals with OB and FVGBuy and sell signals on ob Pivot Point Usage: Instead of detecting each candle of an opposite color, the script uses `ta.pivothigh/low`. This means it only marks a Pivot Point if the price has actually made a significant high or low relative to the 10 preceding and following candles. Dynamic Cleanup (Mitigation): As soon as the price returns to "fill" the area (depending on your choice: simple contact or close), the box disappears from the chart. This keeps your view clean and focused on the remaining untouched areas. Period Setting: You can increase the "Detection Period" (e.g., from 10 to 20) in the settings to filter out even more noise and keep only the major areas. How to use it?
Pine Script® indicator
by peacefulOil34051
CVD-MACD### CVD-MACD (Research) The CVD-MACD is a research-oriented indicator that combines Cumulative Volume Delta (CVD) with the classic MACD framework to provide insights into market momentum and potential reversals. Unlike a standard MACD based on price, this version uses CVD (the running total of buy vs. sell volume delta) as its input source, offering a volume-driven perspective on trend strength and divergences. Key Features: - **CVD-Based MACD Calculation**: Computes MACD using CVD instead of price, highlighting volume imbalances that may precede price moves. - **Dual Divergence Detection**: Identifies bullish/bearish divergences on both the MACD line and histogram, with configurable pivot lookbacks and filters (e.g., momentum decay and zero-side consistency). - **Visual Flexibility**: Toggle divergences in the indicator pane or overlaid on the main chart, with optional raw CVD line for reference. - **Alerts**: Built-in conditions for bullish and bearish divergences to notify users of potential setups. ###This indicator is designed for research and experimentation—it's not financial advice. It performs best on liquid assets with reliable volume data (e.g., stocks, futures). I've shared this to gather community feedback: please test it thoroughly and point out any bugs, inefficiencies, or improvements! For example, if you spot issues with divergence detection on certain timeframes or symbols, let me know in the comments. Your input will help refine it. Inspired by volume analysis techniques; open to collaborations or forks. ## User Manual for CVD-MACD (Research) ### Overview The CVD-MACD indicator transforms traditional MACD by using Cumulative Volume Delta (CVD) as the base input. CVD accumulates the net delta between estimated buy and sell volume per bar, providing a volume-centric view of momentum. The indicator plots a MACD line, signal line, and histogram, while also detecting divergences on both the MACD line and histogram for potential reversal signals. This manual covers setup, interpretation, and troubleshooting. Note: This is a research tool—backtest and validate on your own data before using in live trading. ### Installation and Setup 1. **Add to Chart**: Search for "CVD-MACD (Research)" in TradingView's indicator library or paste the script into the Pine Editor and add it to your chart. 2. **Compatibility**: Works on any timeframe and symbol with volume data. Best on daily/intraday charts for stocks, forex, or futures. Avoid illiquid symbols where volume may be unreliable. 3. **Customization**: All inputs are configurable via the indicator's settings panel. Defaults are optimized for general use but can be tuned based on asset volatility. ### Input Parameters The inputs are grouped for ease of use: #### MACD Settings - **Fast EMA (CVD)** (default: 12): Length of the fast EMA applied to CVD. Shorter values make it more responsive to recent volume changes. - **Slow EMA (CVD)** (default: 26): Length of the slow EMA on CVD. Longer values smooth out noise for trend identification. - **Signal EMA** (default: 9): Smoothing period for the signal line (EMA of the MACD line). #### Divergence Logic (MACD Line) - **Pivot Lookback (MACD Line)** (default: 5): Bars to look left/right for detecting pivots on the MACD line. Higher values detect larger swings but may miss smaller divergences. - **Max Lookback Range (MACD Line)** (default: 50): Maximum bars between two pivots to consider a divergence valid. Prevents detecting outdated signals. - **Enable Momentum Decay Filter (Histogram)** (default: false): When enabled, requires the histogram to show decaying momentum (absolute value decreasing) for MACD-line divergences to trigger. #### Histogram Divergence - **Pivot Lookback (Histogram)** (default: 5): Similar to above, but for histogram pivots. - **Max Lookback Range (Histogram)** (default: 50): Max bars for histogram divergence detection. - **Show Histogram Divergences in Indicator Pane** (default: true): Displays dashed lines and "H" labels for histogram divergences in the sub-window. - **Show Histogram Divergences on Main Chart** (default: true): Overlays histogram divergences on the price chart with semi-transparent lines and labels. - **Require Histogram to Stay on Same Side of Zero** (default: true): Filters divergences to only those where the histogram doesn't cross zero between pivots, ensuring consistent momentum direction. #### Visuals (Dual View) - **Show MACD-Line Divergences (Indicator Pane)** (default: true): Draws solid lines and "L" labels for MACD-line divergences in the sub-window. - **Show MACD-Line Divergences (Main Chart)** (default: true): Overlays MACD-line divergences on the price chart. - **Show Raw CVD Line** (default: false): Plots the underlying CVD as a faint gray line for reference. ### How to Interpret the Indicator 1. **Core Plots**: - **MACD Line** (blue): Difference between fast and slow CVD EMAs. Above zero indicates building buy volume momentum; below zero shows sell dominance. - **Signal Line** (orange): EMA of the MACD line. Crossovers can signal potential entries/exits (e.g., MACD above signal = bullish). - **Histogram** (columns): MACD minus signal. Green shades for positive/expanding bars (bullish momentum); red for negative/contracting (bearish). Fading colors indicate weakening momentum. - **Zero Line** (gray horizontal): Reference for bullish (above) vs. bearish (below) territory. - **Raw CVD** (optional gray line): The cumulative buy-sell delta. Rising = net buying; falling = net selling. 2. **Divergences**: - **Bullish (Green Lines/Labels)**: Occur when price makes lower lows, but MACD line or histogram makes higher lows. Suggests weakening downside momentum and potential reversal up. Look for "L" (MACD line) or "H" (histogram) labels. - **Bearish (Red Lines/Labels)**: Price higher highs vs. MACD/histogram lower highs. Indicates fading upside and possible downturn. - **Dual View**: Divergences appear in the indicator pane (sub-window) for clean analysis and overlaid on the main chart for price context. Histogram divergences use dashed lines to distinguish from MACD-line (solid). - **Filters**: Momentum decay ensures only "hidden" or weakening divergences trigger. Zero-side filter prevents false signals from oscillating histograms. 3. **Alerts**: - **Bullish Divergence (L or H)**: Triggers on either MACD-line or histogram bullish divergence. Message: "CVD-MACD Bullish Divergence detected on {{ticker}}". - **Bearish Divergence (L or H)**: Similar for bearish. Use TradingView's alert setup to notify via email/SMS/webhook. - Tip: Combine with price action (e.g., support/resistance) for confirmation. ### Usage Tips and Strategies - **Trend Confirmation**: Use in uptrends for bullish divergences (pullback buys) or downtrends for bearish (short entries). - **Timeframe Selection**: Higher timeframes (e.g., daily) for swing trading; lower (e.g., 15-min) for intraday. Adjust pivot lookbacks accordingly (shorter for faster charts). - **Combination Ideas**: Pair with RSI for overbought/oversold confirmation or VWAP for intraday volume context. - **Risk Management**: Divergences are probabilistic—not guarantees. Always use stop-losses based on recent swings. - **Performance Notes**: Backtest on historical data via TradingView's Strategy Tester. CVD relies on accurate volume; test on exchanges like NYSE/NASDAQ. ### Known Limitations and Troubleshooting - **Volume Dependency**: CVD estimation assumes linear buy/sell distribution based on bar position—may be less accurate on thin markets or during gaps. - **Repainting**: Pivots and divergences can repaint as new data arrives (common in pivot-based indicators). Use on closed bars for reliability. - **Resource Usage**: High max_bars_back (5000) ensures deep history; reduce if chart loads slowly. - **No Signals on Low-Volume Bars**: If CVD flatlines, check symbol volume—some crypto/forex pairs have inconsistent data. - **Community Feedback**: If you encounter bugs (e.g., false divergences on specific symbols/timeframes), missing alerts, or calculation errors, please comment below with details like symbol, timeframe, and screenshots. Suggestions for enhancements (e.g., more filters or visuals) are welcome! If you have questions or find issues, drop a comment—let's improve this together!
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