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Multi-Factor Long Bias ToolThe Multi Factor Long Bias Tool is designed to highlight periods when multiple bullish conditions align, helping traders identify higher probability long opportunities. By combining trend, momentum, and participation metrics into a unified visual signal, the indicator goes beyond single factor analysis to support more consistent decision making. Optimized for a 1-hour chart, it integrates four complementary components—MACD momentum, RSI confirmation, volume participation, and optional short interest filtering—to reveal when market conditions collectively favor a long bias rather than isolated upswings. Core Logic 1. Momentum confirmation with MACD (1 Hour Frame): The tool uses a fast MACD configuration to capture short term momentum shifts. A bullish MACD state—where the MACD line is above its signal line, above zero, and supported by a positive histogram—indicates that short term momentum exceeds long term trend strength. This alignment reflects sustained upward pressure rather than temporary mean reversion. 2. Relative strength moderation via RSI: RSI serves as a context filter to avoid extremes. The tool favors an RSI that falls between the oversold and overbought thresholds, typically between 30 and 70. This “healthy momentum zone” identifies when price maintains strength without being overheated, aligning with controlled, directional moves rather than exhaustion. 3. Volume backed participation: A volume filter confirms whether moves are supported by meaningful market participation. The script compares current daily volume to its 20-day average; only sessions meeting or exceeding a user defined multiple (default: 1×) qualify as high volume days. This ensures momentum signals align with genuine liquidity rather than thin, unreliable activity. 4. Optional short interest condition: An additional input allows traders to incorporate short interest data, either manually or from external sources. When enabled, the tool verifies that short interest meets a chosen minimum percentage before validating a long bias. This feature is especially useful for setups targeting potential short squeezes or for avoiding markets lacking a meaningful contrarian base. Signal Interpretation When MACD momentum, RSI positioning, volume participation, and optional short interest filters align, the chart background softens to green, indicating a “long bias” environment. If the “Focus on Longs Only” option is active, a small upward triangle marker labeled LONG appears beneath price bars for clear visual confirmation. Traders can also choose to view MACD, its signal line, histogram, and RSI in a detachable sub panel. This optional visualization makes it easy to inspect alignment between underlying momentum and the on-chart bias signal without cluttering the main price view. Why These Factors Are Combined Each component contributes a distinct layer of confirmation: Momentum + liquidity: Ensures directional strength is backed by solid participation, preventing false breakouts on low volume moves. RSI moderation: Filters out overextended rallies and unsustainable intraday spikes. Short interest filter: Adds an optional contrarian check for potential squeeze setups or sentiment imbalance. Together, these signals improve reliability by demanding agreement across multiple perspectives—trend, momentum, and market depth—before painting a bullish bias. Practical Use and Tuning The indicator serves as a bias and timing aid rather than a standalone trading system. It helps discretionary traders focus attention on periods when multiple conditions favor looking for long entries, while leaving exact entry, exit, and risk parameters to individual strategies. All inputs—including MACD lengths, RSI range, daily volume multiplier, and short interest requirements—are fully adjustable to match various instruments, timeframes, and trading styles. For instance: Adjusting MACD lengths fine tunes responsiveness to trend shifts. Modifying RSI thresholds changes the tolerance for extended momentum. Raising the volume multiplier demands stronger conviction from market participants. Visual Cues Background highlight: Shaded green when all long bias conditions align. Triangle markers: “LONG” indicators below bars when the tool detects favorable conditions. Optional chart pane: Displays MACD and RSI for manual confirmation. Intended Use This tool assists traders in recognizing when technical, behavioral, and participation factors converge to support long opportunities. It is best used as part of a comprehensive trading process that includes broader context analysis, defined risk management, and confirmation from higher timeframe trends. All parameters are user configurable for customization across markets and trading approaches. This indicator is for analytical purposes only and does not constitute financial or investment advice.
Pine Script® indicator
by gamer456148
Key Price Levels + Zones"Support and resistance are rarely exact lines; hey are zones where price reacts." This indicator upgrades standard horizontal levels by visualizing Liquidity Zones around the most critical intraday reference points: Pre-Market, Previous Day, and Previous Week Highs/Lows. Unlike basic scripts that just draw thin lines, this tool combines the precision of exact price levels with the reality of market volatility. It offers deep customization, allowing you to separate line colors from zone colors, perfect for keeping your charts clean and professional. Key Features 1. Dual Zone Logic (Dynamic Sizing) • Price Tier Mode (Default): Zones are sized based on the asset price (e.g., higher-priced stocks get wider zones automatically). This mimics "psychological" levels. • ATR Volatility Mode: Switches calculation to use the Average True Range (ATR). Zones expand during high volatility and contract during chop, adapting to the market conditions in real-time. 2. Ultimate Customization • Separate Colors: You can finally set your Line Color (e.g., Bright Green) independently from your Zone Fill (e.g., Faint Grey). • Individual Toggles: Turn the Line, Zone, or Label on/off individually for every single level. • Line Styles: Differentiate daily levels (Solid) from weekly levels (Dashed) instantly. 3. The "Smart" Levels • PM High/Low: Real-time Pre-Market tracking that freezes at the open. • PD High/Low: Previous Day’s range. • PW High/Low: Previous Week’s range (Critical for swing points). --- Settings Guide • Extension Style: - Individual: Keeps history of levels for backtesting. - Most Recent: Keeps the chart minimal by extending only today's levels. • Zone Thickness Mode: Switch between "Price Tier" and "ATR Volatility". • ATR Settings: Fully adjustable Length and Multiplier (when in ATR mode). • Transparency: Global slider to control how subtle or bold the zones appear. How to Trade This • The "Trap": If price breaks a Line but fails to close outside the Zone, it is often a liquidity grab (fakeout). • The Retest: Watch for price to break a level and use the Zone as a cushion for a bounce/retest entry.
Pine Script® indicator
by oXXo1
1
Opening Range BoxOPENING RANGE BOX + LEVELS (RTH) OVERVIEW This indicator draws the Opening Range for the U.S. Regular Trading Hours session starting at 9:30 AM New York time. It plots the Opening Range High, Low, and Midpoint, and can extend those levels for the rest of the session. It also displays the Opening Range size in points and ticks. WHAT IT DRAWS • Opening Range box for the first N minutes of RTH (ex: 5, 10, 15) • OR High (ORH) • OR Low (ORL) • OR Midline (midpoint of ORH/ORL) • Opening Range value label (range in points + ticks) KEY FEATURES • Time-anchored drawings (bar_time) so levels stay accurate on any intraday timeframe • Configurable Opening Range length in minutes • Configurable box fill/border colors • Independent styling for OR High / OR Low / Midline (color, width, line style) • Line extension modes: Line extension modes - To RTH Close - Right Forever - For N Minutes - None Optional label placement to the LEFT of the Opening Range so it doesn’t block new candles Option to keep previous sessions’ Opening Ranges visible for context BEST FOR • Futures: ES / NQ / MNQ (and other RTH-based products) • Intraday stocks and ETFs • OR breakout, rejection/fade, and mean reversion workflows NOTES • Intended for intraday charts • Opening Range is calculated strictly inside the selected time window (no extra bars) • Session is America/New_York, 09:30–16:00
Pine Script® indicator
by andrefox333
ZOE IFVG+his indicator combines the original ICT Inversion Fair Value Gap (iFVG) Detector by ote618 with a manual checklist panel for trade analysis. Features: ICT iFVG Detector Automatically identifies bullish and bearish inversion fair value gaps (iFVGs) based on 3-candle formation logic. Draws colored boxes on the chart to highlight confirmed iFVG zones. Sends optional alerts when iFVGs are confirmed, respecting your selected timeframe. Works exactly like the original ote618 iFVG script, with no modifications to the core detection logic. Manual Checklist Panel Displays a customizable checklist to track key market factors: Liquidity Sweep HTF FVG V-Shape Recovery Inversion FVG Clear Opposite DOL SMT Divergence Assigns a score and grade (A+ to F) based on selected conditions. Panel position and background can be customized. Allows traders to visually track trade quality alongside iFVG zones. Usage: Use the iFVG boxes to identify high-probability zones for entries and liquidity hunts. Use the manual checklist to evaluate trades based on additional criteria, creating a structured workflow for market analysis. Fully compatible with your existing iFVG workflow — the core detection and alerts remain unchanged. Ideal For: Traders following ICT concepts, liquidity hunts, and structure-based strategies who want to combine automated FVG detection with a manual trade-quality checklist.
Pine Script® indicator
by Wallstreetzoe
ETH Vol Breakout - NO ERROR VERSIONThis strategy examines the impact of Eth.d Vol on Ethereum price. Looking at ETHDVOL -60 (Support) and 78 (Resistance)—tell a very specific story - analyzing a High Volatility Regime. The support level around 60 and resistance 78, tend to only occurs during Bull Runs or Market Crashes. In the "Quiet Years", ETHDVOL rarely touched 60, let alone 78. Trying to develop a strategy that is perfectly tuned for a Bull Market or a Crisis, 1. The "60 Floor" (Support) Context: In a high-volatility regime, when ETHDVOL drops to 60, it indicates the market has "cooled off" just enough to reload leverage. Historical Behavior (2021-2022 Context): July 2021: After the May crash, ETHDVOL compressed down and found support at ~65. Result: This marked the local bottom before the massive run-up to the November All-Time Highs ($4,800). Outcome: Strong Buy Signal (Trend Continuation). January 2022: ETHDVOL dropped to ~58-60 while price was hovering around $3,000. Result: The floor broke, volatility spiked to 80+, and price crashed to $2,200. Outcome: Trap / Warning Signal. The Pattern: When Volatility hits 60 (Support), price is usually Coiling. If Price is trending UP: This is a "dip buy" opportunity. The coil resolves upwards. If Price is trending DOWN: This is the "calm before the flush." The coil resolves downwards. 2. The "78 Ceiling" (Resistance) Context: 78 is an extreme reading. It represents panic (bottom) or euphoria (blow-off top). Historical Behavior: May 2021 (The Crash): ETHDVOL smashed through 78, peaking at 100+. Price Action: Price collapsed from $4,000 to $1,700. Signal: If Vol > 78, you are in a capitulation event. Buying spot here is usually profitable within 3-6 months (buying the blood). November 2022 (FTX Collapse): ETHDVOL spiked to ~75-80. Price Action: ETH hit $1,100 (Cycle Lows). Signal: Hitting 78 marked the Absolute Bottom. November 2021 (The Top): Interestingly, at the $4,800 price peak, Volatility was NOT at 78. It was lower (~60-70). Insight: Bull market tops often happen on lower volatility than bear market bottoms.
Pine Script® strategy
by chart_inator
Institutional Zone Detector [Scalping-Algo]█ OVERVIEW The Institutional Zone Detector identifies key supply and demand zones where large market participants (institutions, banks, hedge funds) have likely placed significant orders. These zones often act as powerful support and resistance levels, making them strategic areas for trade entries and exits. This indicator is non-repainting, meaning once a signal appears on your chart, it will never disappear or change position. What you see in backtesting is exactly what you would have seen in real-time. █ CORE CONCEPT Markets move when large players execute substantial orders. These orders leave footprints in the form of specific candlestick patterns: Demand Zones (Bullish) When institutions accumulate positions, we often see a bearish candle followed by a strong bullish sequence. The last bearish candle before this move marks the demand zone - an area where buying pressure overwhelmed sellers. Supply Zones (Bearish) When institutions distribute positions, we typically see a bullish candle followed by a strong bearish sequence. The last bullish candle before this move marks the supply zone - an area where selling pressure overwhelmed buyers. Price has a tendency to revisit these zones, offering potential trade opportunities. █ HOW IT WORKS The indicator scans for: 1. A potential zone candle (bearish for demand, bullish for supply) 2. A sequence of consecutive candles in the opposite direction 3. Optional: A minimum percentage move to filter weak signals When all conditions are met, the zone is marked on your chart with: • Upper and lower boundaries (solid lines) • Equilibrium/midpoint level (cross marker) • Extended channel lines for easy visualization █ SETTINGS Consecutive Candles Required (Default: 5) Number of same-direction candles needed after the zone candle to confirm the pattern. Higher values = fewer but stronger signals. Minimum Move Threshold % (Default: 0.0) Minimum percentage price movement required to validate a zone. Increase this to filter out weak moves and focus on significant institutional activity. Display Full Candle Range (Default: Off) • Off: Shows Open-to-Low for demand zones, Open-to-High for supply zones • On: Shows complete High-to-Low range of the zone candle Show Demand/Supply Zone Channel (Default: On) Toggle extended horizontal lines that project the zone levels across your chart. Visual Theme (Default: Dark) Choose between Dark (white/blue) or Light (green/red) color schemes. Show Statistics Panel (Default: Off) Displays a floating panel with exact price levels of the most recent zones. Display Info Tooltip (Default: Off) Shows an information label with indicator documentation. █ HOW TO USE Entry Strategies 1. Zone Bounce (Mean Reversion) • Wait for price to return to a previously identified zone • Look for rejection candles (pin bars, engulfing patterns) at zone levels • Enter in the direction of the original zone (long at demand, short at supply) • Place stops beyond the zone boundary 2. Zone Break (Momentum) • When price breaks through a zone with strong momentum • The broken zone often becomes the opposite type (broken demand becomes supply) • Use for trend continuation trades 3. Equilibrium Trades • The midpoint (cross marker) often acts as a magnet for price • Can be used as a first target or as an entry point for scaled positions Risk Management • Always place stop-loss orders beyond zone boundaries • Consider the zone width when calculating position size • Wider zones = wider stops = smaller position size • Use the equilibrium level for partial profit taking Best Practices • Higher timeframes produce more reliable zones • Zones on multiple timeframes (confluence) are stronger • Fresh/untested zones are more powerful than zones that have been touched multiple times • Combine with other analysis methods (trend direction, volume, market structure) █ ALERTS Two alert conditions are available: • "Demand Zone Identified" - Triggers when a new demand zone is detected • "Supply Zone Identified" - Triggers when a new supply zone is detected To set up alerts: Click on the indicator name → Add Alert → Select condition █ IMPORTANT NOTES • This indicator is a tool for analysis, not a complete trading system • Signals are NOT automatic buy/sell recommendations • Always use proper risk management • Past performance does not guarantee future results • Works on all markets and timeframes • Non-repainting: Signals appear only after bar close confirmation █ ACKNOWLEDGMENTS Inspired by institutional order flow concepts and smart money trading methodologies. Built with a focus on reliability and practical application.
Pine Script® indicator
by A1TradingHub
Seasonal Strategies V1Seasonal Strategies V1 is a rule-based futures seasonality framework built around predefined calendar windows per asset. The strategy automatically detects the current symbol and activates long or short trading phases strictly based on historically observed seasonal tendencies. All entries and exits are fully time-based — no indicators, no predictions, no discretionary input. Key Features Asset-specific seasonal windows (MMDD-based) Automatic long and short activation Fully time-based entries and exits One position at a time (no pyramiding) Clean chart visualization using subtle background shading No indicators, no filters, no curve fitting Philosophy: This strategy is designed as a structural trading tool, not a forecasting model. It focuses on when a market historically shows seasonal tendencies — not why or how far price might move. Seasonal Strategies V1 intentionally keeps the chart clean and minimal, making it suitable as a baseline framework for research, portfolio-style seasonal approaches, or further extensions in later versions. Intended Use: Futures and commodity markets Seasonality research and testing Systematic, calendar-driven strategies Educational and analytical purposes Disclaimer This script is provided for educational and research purposes only. Past seasonal tendencies do not guarantee future performance. Risk management, position sizing, and portfolio decisions are the responsibility of the user.
Pine Script® strategy
by DerAndi72
Entropy Balance Oscillator [JOAT] Entropy Balance Oscillator - Chaos Theory Edition Overview Entropy Balance Oscillator is an open-source oscillator indicator that applies chaos theory concepts to market analysis. It calculates market entropy (disorder/randomness), balance (price position within range), and various chaos metrics to identify whether the market is in an ordered, chaotic, or balanced state. This helps traders understand market regime and adjust their strategies accordingly. What This Indicator Does The indicator calculates and displays: Entropy - Measures market disorder using return distribution analysis Balance - Price position within the high-low range, normalized to -1 to +1 Lyapunov Exponent - Estimates sensitivity to initial conditions (chaos indicator) Hurst Exponent - Measures long-term memory in price series (trend persistence) Strange Attractor - Simulated attractor points for visualization Bifurcation Detection - Identifies potential regime change points Chaos Index - Combined entropy and volatility score Market Phase - Classification as CHAOS, ORDER, or BALANCED How It Works Entropy is calculated using return distribution: calculateEntropy(series float price, simple int period) => // Calculate returns and their absolute values // Sum absolute returns for normalization // Apply Shannon entropy formula: -sum(p * log(p)) float entropy = 0.0 for i = 0 to array.size(returns) - 1 float prob = math.abs(array.get(returns, i)) / sumAbs if prob > 0 entropy -= prob * math.log(prob) entropy Balance measures price position within range: calculateBalance(series float high, series float low, series float close, simple int period) => float range = high - low float position = (close - low) / (range > 0 ? range : 1) float balance = ta.ema(position, period) (balance - 0.5) * 2 // Normalize to -1 to +1 Lyapunov Exponent estimates chaos sensitivity: lyapunovExponent(series float price, simple int period) => float sumLog = 0.0 for i = 1 to period float ratio = price > 0 ? math.abs(price / price ) : 1.0 if ratio > 0 sumLog += math.log(ratio) lyapunov := sumLog / period Hurst Exponent measures trend persistence: H > 0.5: Trending/persistent behavior H = 0.5: Random walk H < 0.5: Mean-reverting behavior Signal Generation Phase changes and extreme conditions generate signals: Chaos Phase: Normalized entropy exceeds chaos threshold (default 0.7) Order Phase: Normalized entropy falls below order threshold (default 0.3) Extreme Chaos: Entropy exceeds 1.5x chaos threshold Extreme Order: Entropy falls below 0.5x order threshold Bifurcation: Variance exceeds 2x average variance Dashboard Panel (Top-Right) Market Phase - Current phase (CHAOS/ORDER/BALANCED) Entropy Level - Normalized entropy value Balance - Current balance reading (-1 to +1) Chaos Index - Combined chaos score percentage Volatility - Current price volatility Lyapunov Exp - Lyapunov exponent value Hurst Exponent - Hurst exponent value Chaos Score - Overall chaos assessment Status - Current market status Visual Elements Entropy Line - Main oscillator showing normalized entropy Entropy EMA - Smoothed entropy for trend reference Balance Area - Filled area showing balance direction Chaos/Order Thresholds - Horizontal dashed lines Lyapunov Line - Step line showing Lyapunov exponent Strange Attractor - Circle plots showing attractor points Phase Space - Line showing phase space reconstruction Phase Background - Background color based on current phase Extreme Markers - X-cross for extreme chaos, diamond for extreme order Bifurcation Markers - Circles at potential regime changes Input Parameters Entropy Period (default: 20) - Period for entropy calculation Balance Period (default: 14) - Period for balance calculation Chaos Threshold (default: 0.7) - Threshold for chaos phase Order Threshold (default: 0.3) - Threshold for order phase Lyapunov Exponent (default: true) - Enable Lyapunov calculation Hurst Exponent (default: true) - Enable Hurst calculation Strange Attractor (default: true) - Enable attractor visualization Bifurcation Detection (default: true) - Enable bifurcation detection Suggested Use Cases Identify market regime for strategy selection (trend-following vs mean-reversion) Watch for phase changes as potential trading environment shifts Use Hurst exponent to assess trend persistence Monitor chaos index for volatility regime awareness Avoid trading during extreme chaos phases Timeframe Recommendations Best on 1H to Daily charts. Chaos metrics require sufficient data for meaningful calculations. Limitations Chaos theory concepts are applied as analogies, not rigorous mathematical implementations Lyapunov and Hurst calculations are simplified approximations Strange attractor visualization is conceptual Bifurcation detection uses variance as proxy Open-Source and Disclaimer This script is published as open-source under the Mozilla Public License 2.0 for educational purposes. It does not constitute financial advice. Past performance does not guarantee future results. Always use proper risk management. - Made with passion by officialjackofalltrades
Pine Script® indicator
by officialjackofalltrades
Day HighlighterThis simple indicator highlights specific days of the week on your chart to assist with backtesting and pattern analysis. Selectable Days: You can toggle specific days (e.g., Monday, Friday) on or off via the settings menu. Visual Indicators: A red circle and the day name are displayed above the high of the candle for the selected days. Visibility: The text is white to ensure high readability on dark backgrounds. 차트 보다가 '이게 무슨 요일이지?' 하고 일일이 날짜 확인하기 귀찮아서 만들었습니다. 설정에서 원하는 요일(예: 월요일)만 체크하면, 캔들 위에 빨간 원과 요일 이름을 자동으로 찍어줍니다. 특정 요일 무빙 복기할 때 편해요
Pine Script® indicator
by Finsight
FX Master Confluence v41 (Smart TDI Filter)How to read your new Dashboard: Top Row (The Boss): This is your 8-Hour WaveTrend status. DARK GREEN: Strong Bull (Bias is Up & Above Zero). Aggressively look for buys. LIGHT GREEN: Weak Bull (Bias is Up but Below Zero). Be cautious, could be a deep pullback. DARK RED: Strong Bear (Bias is Down & Below Zero). Aggressively look for sells. LTF Rows (15m - 6h): "GOLDEN ZERO": This is the Holy Grail signal you asked for. The LTF WaveTrend just crossed the Zero line in agreement with the 8H Boss. "REV SETUP": Standard reversal signal (useful, but lower confidence than Golden). "TREND UP/DOWN": No signal right now, but tells you the flow of that specific timeframe.
Pine Script® indicator
by xcelteddy
ChillLax Distance From Moving Average// show the % distance from the moving average, in colorful histogram // you can choose : // : the moving average of the close, default to 200 ma // : sma or ema, default to sma // : choose calculation from open or high or low or close (to the ma), default is close // : threshold % above/below ma, default is 70%. when the stock is above/below // this threshold, histogram is red (default) // : otherwise, histogram is blue (default) // Why this? In William O'neil's book, How to make money in stock, 4th edition, page 264, // in Climax Top: // 200-day moving average line. Some stocks may be sold when they are // 70% to 100% or more above their 200-day moving average price line
Pine Script® indicator
by chilllaxtrader
Buy / Sell Volume HeaderBuy / Sell Volume Header Description - Buy / Sell Volume Header displays real-time buying and selling volume with percentages in a clean dashboard at the top or bottom of your chart. The indicator calculates buying pressure as volume weighted toward the close relative to the bar's range, and selling pressure as volume weighted toward the high. - Perfect for day traders and scalpers who need instant visual confirmation of buying vs selling pressure without cluttering their chart with additional panes. Key Features: - Real-time buy/sell volume split with percentages - Customizable lookback period (1 bar for current, or sum multiple bars) - Adjustable table position (top/bottom, left/center/right) - Five size options (Tiny to Huge) - Color-coded: Green (buying volume), Red (selling volume) - Clean, minimal design that doesn't obstruct price action Calculation Method: - Buying Volume = Total Volume × (Close - Low) / (High - Low) - Selling Volume = Total Volume × (High - Close) / (High - Low) How to Use: - Select header location (default: Top Right) and table size (default: Normal). Set lookback period to 1 for current bar only, or higher values to see cumulative volume over multiple bars. Reading the Display: - Green Box (Left): Buying volume and percentage of total - Red Box (Right): Selling volume and percentage of total - Numbers update in real-time on every tick Trading Applications: - Trend Confirmation: - In uptrends, buying volume should consistently be >60%. - In downtrends, selling volume should be >60%. Divergences warn of potential reversals. Breakout Validation: - Valid breakouts show 70%+ volume in breakout direction. - Breakouts with <55% directional volume often fail. Reversal Signals: - When price makes new high but buying volume drops below 50%, watch for reversal. When price makes new low but selling volume drops below 50%, watch for bounce. Scalping Entry: - Enter long when buying volume spikes above 65-70% with price momentum. Enter short when selling volume spikes above 65-70% with price momentum. Best Practices: - Use lookback=1 for intraday scalping. Use lookback=3-5 for swing context. Combine with price action for confirmation. Volume percentages work best on liquid instruments (MNQ, MES, stocks with high volume). NPR21 Disclaimer The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView.
Pine Script® indicator
by NPR21