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The Quantum Leap: Renko + ML(Note: This indicator uses the BackQuant & SuperTrend which takes a 4-5 seconds to load) This strategy uses the following indicators (please see source code) Synthetic Renko: Ignores time and focuses purely on price movement to detect clear trend reversals (Red-to-Green). ATR (Average True Range): Measures volatility to calculate the Renko brick sizes and SuperTrend sensitivity. Adaptive SuperTrend: A trend filter that uses volatility clustering to confirm if the market is currently in a "Bearish" state. RSI (Relative Strength Index): A momentum gauge ensuring the asset is "Oversold" (exhausted) before we consider a setup. Monthly Pivots: Horizontal support lines based on last month's data acting as price "floors" (S1, S2, S3). SMA (Simple Moving Average): A 100-bar average ensuring we are strictly buying below the long-term mean (deep value). BackQuant (KNN): A Machine Learning engine that compares current data to historical patterns to predict immediate momentum. This is a sophisticated, multi-stage strategy script. It combines "Old School" price action (Renko) with "New School" Machine Learning (KNN and Clustering). Here is the high-level summary of how we will break this down: Topic 1: The "Bottom Hunter" Setup. How the script uses Renko bricks and aggressive filtering (SuperTrend, SMA, RSI, Pivots) to find a potential market bottom. Topic 2: The ML Engine (BackQuant & SuperTrend). How the script uses K-Nearest Neighbors (KNN) to predict momentum and Volatility Clustering to adjust the SuperTrend. Topic 3: The "Leap" Execution. How the script synchronizes the Setup (Topic 1) with the ML Trigger (Topic 2) using a time window. Topic 1: The "Bottom Hunter" Setup This script is designed as a Mean Reversion strategy (often called "catching a falling knife" or "bottom fishing"). It is trying to find the exact moment a downtrend stops and reverses. Most strategies buy when price is above the 200 SMA or above the SuperTrend. This script does the exact opposite. The Logic: Renko Bricks: It simulates Renko bricks internally (without changing your chart view). It waits for a specific pattern: A Red Brick followed immediately by a Green Brick (a reversal). The "Bearish" Filters: To generate a "WATCH" signal, the following must be true: Price < SuperTrend: The market must officially be in a downtrend. Price < SMA: Long-term trend is down. Price < Monthly Pivot: Price is deeply discounted. RSI < Threshold: The asset is oversold (exhausted). Recommended Settings for daily signals for Stocks : Confirmation : 10. (How many bars after Renko Buy signal the AI has to identify a bullish move). Percentage : 2 (This is the Renko bar size. This represents 2% move.) SMA: 100 (Signal must be found below 100 SMA) Price must be below: PIVOT (This is the monthly Pivot levels)
Pine Script® indicator
by dr_lobo
Sequential SMT + TCISD DeeptradeiqShort description. Educational indicator for studying Quarterly Theory Sequential smt concepts and True Change in State of Delivery across multiple timeframes. FULL DESCRIPTION: 📊 Overview An educational tool designed for studying Quarterly Theory Sequential concepts and temporal price analysis. This indicator visualizes divergence patterns between correlated instruments and tracks time-based price structures for analytical and learning purposes. 🔍 Key Features Multi-Timeframe Analysis: Three modes - Quarters (6h), Sub-Quarters (90m), and Micro-Quarters (22.5m) Sequential smt Divergence Visualization: Compare two instruments to study sequential divergence concepts with visual markers and invalidation tracking True Change in State of Delivery (TCISD): Pattern identification with reference levels showing potential delivery state transitions Customizable Visuals: Period boxes, high/low labels, color schemes, line styles, and information table Timezone Support: DST-aware calculations for accurate period detection ⚙️ How It Works The indicator divides trading sessions into time-based periods and tracks price extremes for each period. It compares the current instrument with a second pair (default: EURUSD) to identify when their price structures diverge sequentially - a key concept in Quarterly Theory education. Visual markers, lines, and labels help identify these patterns for study purposes. 🎯 Educational Applications Study Quarterly Theory Sequential concepts in live market conditions Understand temporal price structures and their characteristics Analyze correlation and divergence between related instruments Observe True Change in State of Delivery pattern formations Practice pattern recognition and chart reading skills Learn how price structures evolve across different timeframes 🛠️ Customization Options Select analysis timeframe mode (Quarters/Sub-Quarters/Micro-Quarters) Choose comparison pair for sequential analysis Toggle visual elements (boxes, labels, lines, table) Customize colors, styles, and sizes to match your chart theme Show/hide invalidation markers and reference levels. ⚠️ IMPORTANT DISCLAIMER This indicator is provided strictly for EDUCATIONAL and ANALYTICAL purposes. It does NOT provide trading signals, financial advice, or investment recommendations. All patterns and markers are for study and observation only Past price structures do not predict future movements No guarantee of accuracy or profitability Users must conduct independent analysis and risk assessment All trading involves substantial risk of loss Seek professional financial advice before making investment decisions The creator assumes NO responsibility for trading decisions or financial outcomes from using this tool. This is a learning instrument - not a trading system.
Pine Script® indicator
by Shahzad9272
Мой скриптinputs: window(1), type(0), // 0: close, 1: high low, 2: fractals up down, 3: new fractals persistent(False), exittype(1), nbars(160), adxthres(40), nstop(3000); vars: currentSwingLow(0), currentSwingHigh(0), trailStructureValid(false), downFractal(0), upFractal(0), breakStructureHigh(0), breakStructureLow(0), BoS_H(0), BoS_L(0), Regime(0), Last_BoS_L(0), Last_BoS_H(0), PeakfilterX(false); BoS(window,persistent,type,Bos_H,BoS_L,upFractal,downFractal,breakStructureHigh,breakStructureLow); //BOS Regime If BoS_H <> 0 then begin Regime = 1; // Bullish Last_BoS_H = BoS_H ; end; If BoS_L <> 0 Then begin Regime = -1; // Bearish Last_BoS_L = BoS_L ; end; //Entry Logic: if we are in BoS regime then wait for break swing to entry if ADX(5) of data2 < adxthres then begin if time>900 and Regime = 1 and EntriesToday(date)= 0 and Last_BoS_H upFractal then buy next bar at market; end; if time>900 and EntriesToday(date)= 0 and Regime = -1 and Last_BoS_L>downFractal then begin if close < downFractal then sellshort next bar at market; end; end; // Exits: nbars or stoploss or at the end of the day if marketposition <> 0 and barssinceentry >nbars then begin sell next bar at market; buytocover next bar at market; end; setstoploss(nstop); setexitonclose;
Pine Script® indicator
by volodimir18041
Santo Graal SMC-FVGReading Structures (BOS & CHoCH) BOS (Break of Structure): shows the trend is still rolling. BOS up → bullish trend. BOS down → bearish trend. CHoCH (Change of Character): heads‑up for a possible flip. CHoCH up → start of an uptrend. CHoCH down → start of a downtrend. Playing with FVG (Fair Value Gaps) The tool auto‑marks the fair value gaps for you. Entry: when price comes back to fill/mitigate the gap. Confirmation: if the gap holds, it backs up the trend direction. Pro tip: when the bands stick tight (purple), buckle up — a big move is about to pop.
Pine Script® indicator
by masterbillion2025
HOKO,PSPHOKO is a multifunctional chart-overlay designed to display clean market context and detect PSP (Price-Structure Projection) signals based on candle-body direction differences between the main symbol and two reference indices. The indicator provides two core features: 1. Header Display (Symbol / Timeframe / Date / Mode System) HOKO allows full customization of on-chart informational headers, including: Symbol name Timeframe (auto-formatted) Indicator name (HOKO) Date (Pretty or Numeric) Multiple layout modes (6 total) Adjustable text size, alignment, padding, row spacing, and screen position Dynamic rendering using table objects This creates a clean and professional display suitable for screenshots, analysis, and multi-chart layouts. 2. PSP Logic (Price Structure Projection) The PSP engine compares the main chart’s candle direction to two reference symbols (default: ES1! and YM1!). A violation occurs when the main candle is bullish while the reference candle is bearish, or vice-versa. The script: Calculates ATR-based dynamic marker offsets Stores the last 3 bars Detects Swing High PSP and Swing Low PSP based on a 3-candle swing structure Confirms signals only if the middle candle contains a violation Draws markers above/below the swing point with fully customizable shapes, colors, and sizes Supports two symbols independently (Symbol 1 / Symbol 2) Automatically deletes old labels based on a user-defined max-bar limit This makes PSP easy to visualize and helps identify inflection points where internal weakness or strength appears before price shifts. Key Features Clean customizable chart header Pretty or numeric date formats Multiple layout modes (vertical or one-line display) PSP detection from ES/YM divergence logic Swing-based confirmation for higher-quality signals Dynamic ATR offset for accurate visual spacing Lightweight and optimized with automatic cleanup Works on any market and any timeframe Purpose HOKO helps traders quickly understand market context while highlighting potential turning points caused by structural divergence between major indices. It is ideal for intraday traders using ICT-style logic, smart money concepts, or divergence-based confirmation models.
Pine Script® indicator
by amairvow
YCGH Crypto ultimate Breakout StrategyAdvanced Momentum Breakout Strategy - Optimized for crypto markets, proven effective on equities Core Features: Multi-layered signal generation combining volatility expansion and momentum confirmation​ Adaptive risk management with dynamic stops, profit targets, and trailing mechanisms​ Systematic position sizing with configurable leverage (designed for perpetual/margin trading)​ Volatility regime filters to avoid false breakouts during low-momentum periods​ Optional trend alignment for directional bias confirmation​ Comprehensive backtesting with realistic slippage and commission modeling​ Daily drawdown limits for capital preservation​ Performance: Applicable across multiple timeframes (1H, 4H, Daily)​ Works on both spot and derivatives markets​ Long and short position capability​ Interested in using this strategy? This is a paid service. For access to the complete script and implementation support, email: brijamohanjha@gmail.com
Pine Script® strategy
by YCGH_Capital
RoseTree M2 IndexM2 Money Supply Indicator with 10-Week Offset This indicator tracks the expansion and contraction of M2 money supply with a 10-week offset, revealing strong correlation with Bitcoin price action. While other traders rely on standard 108/80 day offsets, our modified approach helps front-run market participants as this relationship has become widely recognized alpha. Use this in combination with our systematic indicators to: Project potential medium-term market trends Position before major liquidity-driven moves Identify divergences that signal potential trend changes The indicator provides valuable insight into how expanding/contracting liquidity environments affect crypto markets, giving you a meaningful edge in anticipating broader market direction.
Pine Script® indicator
by ZackBakos
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
Pulse by RoseTreePulse by RoseTree is a dynamic stock/cash allocation indicator that answers the essential question: "How much should I have in stocks right now?" It outputs a percentage from 0-100% representing suggested equity exposure—a reading of 75% means 75% stocks and 25% cash/bonds. The indicator synthesizes five key market dimensions: Regime (trend strength and market structure), Risk (volatility and drawdown management), Valuation (P/E, equity risk premium, shareholder yield), Sentiment (VIX term structure and fear/greed dynamics), and Macro (yield curves, credit spreads, financial stability). Each factor is weighted and blended into a single actionable signal. A built-in Crisis Detection System automatically reduces exposure when multiple stress indicators trigger—including VIX spikes, rapid drawdowns, credit spread blowouts, and correlated stock/bond selloffs. The indicator classifies markets into six regimes: Strong Bull, Bull Market, Neutral, Correction, Bear Market, and Crisis. Four approach modes (Conservative, Balanced, Aggressive, Adaptive) let you match the signal to your risk personality. The on-chart dashboard displays real-time metrics including VIX, market drawdown, P/E ratio, equity risk premium, ROE, and individual component scores. Built-in alerts notify you of allocation threshold crossings, regime changes, and crisis events. Data is pulled automatically from SPY, VIX, Treasury yields, credit ETFs (HYG/LQD), TLT, gold, and dollar index. Eight color themes are included with dark/light mode support. Best used on daily timeframe for strategic allocation decisions.
Pine Script® indicator
by ZackBakos
RoseTree BTC Macro LiquidityThis indicator identies good entry and exit points for Bitcoin by comparing its market cap to the total global M2 money supply, while also factoring in macroeconomic trends. Why It's Unique - Combines macro liquidity (M2) with BTC valuation. - Not price-based — more about where BTC stands in the bigger economic picture. - Useful for long-term, macro-aware investors looking for timing signals aligned with monetary expansion. ✅ Buy Signal (Green Triangle Below Bar) M2 is expanding (liquidity increasing), AND Bitcoin is undervalued compared to its historical relationship to M2 → Suggests potential upside, triggers a green triangle below the bar. ❌ Sell Signal (Red Triangle Above Bar) Bitcoin is significantly above its historical average share of M2 → Suggests overvaluation or a short-term top, triggers a red triangle above the bar. What is Global M2 Money Supply? (GLM2) M2 is a measure of money supply, including cash, checking deposits, and easily convertible near money. This indicator manually aggregates M2 values from numerous countries and converts them into USD equivalents using exchange rates. The countries include the US, EU, UK, China, India, Japan, Brazil, and many others — totaling over 20. This tells you how large Bitcoin is relative to the global money supply, giving a sense of its macroeconomic footprint or potential room to grow.
Pine Script® indicator
by ZackBakos
HTCTS - Session & Time LiquidityHTCTS - Session & Time Liquidity 1. ภาพรวมการทำงาน (Overview) อินดิเคเตอร์ตัวนี้ทำหน้าที่ 4 อย่างหลักพร้อมกัน: Auto DST (ปรับเวลาตามฤดูอัตโนมัติ): คุณไม่ต้องมานั่งแก้เวลาเมื่อตลาดต่างประเทศเปลี่ยนเวลา (Daylight Saving Time) เพราะโค้ดอ้างอิง Timezone ของตลาดนั้นๆ โดยตรง (เช่น NY ใช้ America/New_York) Session Bars: แสดงแถบสีเล็กๆ ด้านล่างจอเพื่อบอกว่าตอนนี้อยู่ใน Session ไหน (Asia, London, NY AM, NY PM, Thai) แทนการถมสีพื้นหลังซึ่งอาจจะรกตา High/Low Levels & Sweeps: เมื่อจบ Session โปรแกรมจะตีเส้น High และ Low ของช่วงเวลานั้นทิ้งไว้ ถ้ากราฟวิ่งไปชนเส้นเหล่านั้น (Breakout/Sweep) เส้นจะเปลี่ยนเป็นเส้นประและขึ้นข้อความว่า "(Swept)" 1. Indicator Overview and Purpose (ICT/SMC Framework) This custom Pine Script indicator is designed specifically for traders utilizing ICT (Inner Circle Trader) or SMC (Smart Money Concepts) methodologies. Its primary function is to simplify the analysis of Time & Price by automatically defining and tracking key market sessions, their resulting liquidity levels (High/Low), and detecting liquidity sweeps (Stop Hunts). The indicator is designed to be Zero-Maintenance regarding time zones, as it automatically adjusts for Daylight Saving Time (DST) changes in major financial centers (London, New York). 2. Key Features and Logic A. Automatic DST Handling (Auto-DST) The script uses specific, location-based time zones for global markets instead of a fixed GMT/UTC offset. Asia: Uses Asia/Tokyo. London: Uses Europe/London (Automatically adjusts for BST). New York (AM/PM): Uses America/New_York (Automatically adjusts for EST/EDT). This guarantees that the session times displayed on your chart (regardless of your local time, e.g., Thailand GMT+7) always align with the actual opening and closing moments of the corresponding financial market.
Pine Script® indicator
by Zettainaru
Institutional 50: The Truth TellerOverview This is a comprehensive "Fusion Strategy" overlay designed to filter out false breakouts and catch high-probability trends. It upgrades the classic EMA 50 Cross Strategy by "locking" the signal with Institutional Volume Flow (VFI) and adding an automated Fibonacci safety guard. The Problem Standard moving average strategies often fail in two scenarios: Fakeouts: Price crosses the line, but there is no real volume backing the move. Choppy Markets: The price dances around the line, generating multiple false signals. The Solution: Triple-Layer Filtering This indicator solves these issues using a strict logic: The Trigger (EMA 50): The primary signal is generated when price crosses the EMA 50. The Lock (VFI Filter): A signal is ONLY valid if the Volume Flow Indicator (VFI) confirms the direction (Positive for Buy, Negative for Sell). If price crosses but VFI disagrees, the line turns GRAY, warning of a "Empty Rally" or "Bear Trap." The Safety (Fib Guard): The system automatically draws invisible Fibonacci retracement levels based on recent price action. If a trend reverses and breaks the Golden Ratio (0.618), a Yellow Warning Arrow appears, signaling a potential trend failure. Anti-Chop Filter: It calculates the slope of the EMA. If the market is flat/ranging, the line turns WHITE and signals are suppressed. Visual Guide & Legend 🟢 Green Line + BUY Label: Confirmed Uptrend (Price > EMA 50 + Positive Institutional Volume). 🔴 Red Line + SELL Label: Confirmed Downtrend (Price < EMA 50 + Negative Institutional Volume). ⚪ Gray Line: CAUTION. Price has crossed the EMA, but Volume does NOT confirm. Do not enter. ⬜ White Line / Background: CHOP ZONE. The market is ranging/flat. No trades. ⚠️ Yellow Arrows (EXIT?): The price has moved against the trend and broken key Fibonacci Support/Resistance. Consider tightening stops or exiting. Best For: Trend Following on 1H, 4H, and Daily timeframes. Traders looking to filter out "Noise" and focus only on Volume-Backed moves.
Pine Script® indicator
by GiladKatz
Sniper 50: VFI Lockedבבקשה. הנה תיאור מקצועי, חד וברור באנגלית עבור האינדיקטור הסופי שבנינו (Sniper 50: VFI Locked). זה כתוב בצורה שמתאימה לפרסום ב-TradingView או לשיתוף עם סוחרים אחרים, ומסביר בדיוק את ה"מוח" מאחורי המערכת. תעתיק את זה: Name: Sniper 50: VFI Locked & Fib Guard Description: Overview This is a comprehensive "Fusion Strategy" overlay designed to filter out false breakouts and catch high-probability trends. It upgrades the classic EMA 50 Cross Strategy by "locking" the signal with Institutional Volume Flow (VFI) and adding an automated Fibonacci safety guard. The Problem Standard moving average strategies often fail in two scenarios: Fakeouts: Price crosses the line, but there is no real volume backing the move. Choppy Markets: The price dances around the line, generating multiple false signals. The Solution: Triple-Layer Filtering This indicator solves these issues using a strict logic: The Trigger (EMA 50): The primary signal is generated when price crosses the EMA 50. The Lock (VFI Filter): A signal is ONLY valid if the Volume Flow Indicator (VFI) confirms the direction (Positive for Buy, Negative for Sell). If price crosses but VFI disagrees, the line turns GRAY, warning of a "Empty Rally" or "Bear Trap." The Safety (Fib Guard): The system automatically draws invisible Fibonacci retracement levels based on recent price action. If a trend reverses and breaks the Golden Ratio (0.618), a Yellow Warning Arrow appears, signaling a potential trend failure. Anti-Chop Filter: It calculates the slope of the EMA. If the market is flat/ranging, the line turns WHITE and signals are suppressed. Visual Guide & Legend 🟢 Green Line + BUY Label: Confirmed Uptrend (Price > EMA 50 + Positive Institutional Volume). 🔴 Red Line + SELL Label: Confirmed Downtrend (Price < EMA 50 + Negative Institutional Volume). ⚪ Gray Line: CAUTION. Price has crossed the EMA, but Volume does NOT confirm. Do not enter. ⬜ White Line / Background: CHOP ZONE. The market is ranging/flat. No trades. ⚠️ Yellow Arrows (EXIT?): The price has moved against the trend and broken key Fibonacci Support/Resistance. Consider tightening stops or exiting. Best For: Trend Following on 1H, 4H, and Daily timeframes. Traders looking to filter out "Noise" and focus only on Volume-Backed moves.
Pine Script® indicator
by GiladKatz
Weekly Separator - JammalWeekly Separator - Jammal This script draws a clean and minimal weekly separator for better chart structure and visual clarity. Every time a new trading week begins, the script automatically places a vertical dotted gray line extending across the entire chart. Features: Automatic weekly detection Clean dotted vertical line Light gray color to avoid clutter Works on all timeframes Helps identify weekly structure & price flow Designed for traders who want a simple, non-intrusive weekly separator. Enjoy and happy trading!
Pine Script® indicator
by Jammal
BTC STH Proxy vs Realized Price (RP) Ratio | STH : LTH📊 REALIZED PRICE MARKET SIGNAL Indicator that builds a Short-Term Holder (STH) price proxy using a configurable moving average of Bitcoin’s market price and compares it to Bitcoin’s Realized Price (RP) derived from on-chain data. Realized Price (RP) is calculated from CoinMetrics Realized Market Cap divided by Glassnode circulating supply. STH Proxy is a user-defined moving average (EMA/SMA/WMA) of BTC price, designed to mimic the behavior of the true STH Realized Price. Users can adjust the MA type, length, and RP smoothing to closely replicate the STH curve seen on Glassnode, Bitbo, and Bitcoin Magazine Pro. Optionally, the indicator can display the STH/RP ratio, which highlights transitions between market phases. This tool provides a simple but effective way to visualize short-term vs long-term holder cost-basis dynamics using only publicly accessible on-chain aggregates and price data. ---------- 💡TLDR: An alt take on the Short-Term Holder Realized Price / Long-Term Holder Realized Price cross model | (STH/LTH cross) - A mix of MAs are used to mimic STH. - RP here used as a proxy for the long-term holder (LTH) cost basis. - Bull/Bear signals are generated when the STH proxy crosses above or below RP. ⭐ Free to use • Leave feedback • Happy trading!
Pine Script® indicator
by r6ra4
Nifty 10m Simple ORB TEST harish//@version=5 strategy("Nifty 10m Simple ORB TEST", overlay=true) // 10m timeframe check if timeframe.period != "10" runtime.error("Use this on 10 minute timeframe") // First 10m candle high/low (no PCR, no opposite logic – just test syntax) newDay = ta.change(time("D")) != 0 var float dayHigh = na var float dayLow = na if newDay dayHigh := na dayLow := na sessStart = 0915 sessEnd = 0925 hhmm = hour * 100 + minute isFirst = na(dayHigh) and hhmm >= sessStart and hhmm < sessEnd if isFirst dayHigh := high dayLow := low // Plot first candle range plot(dayHigh, "First High", color=color.green, style=plot.style_linebr) plot(dayLow, "First Low", color=color.red, style=plot.style_linebr) // Simple breakout entries just to test longCond = not na(dayHigh) and close > dayHigh shortCond = not na(dayLow) and close < dayLow if longCond strategy.entry("LONG", strategy.long) if shortCond strategy.entry("SHORT", strategy.short)
Pine Script® strategy
by harrishdade
1
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