Get started

Futures

Liquidity Maxing [JOAT]Liquidity Maxing - Institutional Liquidity Matrix Introduction Liquidity Maxing is an open-source strategy for TradingView built around institutional market structure concepts. It identifies structural shifts, evaluates trades through multi-factor confluence, and implements layered risk controls. The strategy is designed for swing trading on 4-hour timeframes, focusing on how institutional order flow manifests in price action through structure breaks, inducements, and liquidity sweeps. Core Functionality Liquidity Maxing performs three primary functions: Tracks market structure to identify when control shifts between buyers and sellers Scores potential trades using an eight-factor confluence system Manages position sizing and risk exposure dynamically based on volatility and user-defined limits The goal is selective trading when multiple conditions align, rather than frequent entries. Market Structure Engine The structure engine tracks three key events: Break of Structure (BOS): Price pushes beyond a prior pivot in the direction of trend Change of Character (CHoCH): Control flips from bullish to bearish or vice versa Inducement Sweeps (IDM): Market briefly runs stops against trend before moving in the real direction The structure module continuously updates strong highs and lows, labeling structural shifts visually. IDM markers are optional and disabled by default to maintain chart clarity. The trade engine requires valid structure alignment before considering entries. No structure, no trade. Eight-Factor Confluence System Instead of relying on a single indicator, Liquidity Maxing uses an eight-factor scoring system: Structure alignment with current trend RSI within healthy bands (different ranges for up and down trends) MACD momentum agreement with direction Volume above adaptive baseline Price relative to main trend EMA Session and weekend filter (configurable) Volatility expansion/contraction via ATR shifts Higher-timeframe EMA confirmation Each factor contributes one point to the confluence score. The default minimum confluence threshold is 6 out of 8, but you can adjust this from 1-8 based on your preference for trade frequency versus selectivity. Only when structure and confluence agree does the strategy proceed to risk evaluation. Dynamic Risk Management Risk controls are implemented in multiple layers: ATR-based stops and targets with configurable risk-to-reward ratio (default 2:1) Volatility-adjusted position sizing to maintain consistent risk per trade as ranges expand or compress Daily and weekly risk budgets that halt new entries once thresholds are reached Correlation cooldown to prevent clustered trades in the same direction Global circuit breaker with maximum drawdown limit and emergency kill switch If any guardrail is breached, the strategy will not open new positions. The dashboard clearly displays risk state for transparency. Market Presets The strategy includes configuration presets optimized for different market types: Crypto (BTC/ETH): RSI bands 70/30, volume multiplier 1.2, enhanced ATR scaling Forex Majors: RSI bands 75/25, volume multiplier 1.5 Indices (SPY/QQQ): RSI bands 70/30, volume multiplier 1.3 Custom: Default values for user customization For crypto assets, the strategy automatically applies ATR volatility scaling to account for higher volatility characteristics. Monitoring and Dashboards The strategy includes optional monitoring layers: Risk Operations Dashboard (top-right): Trend state Confluence score ATR value Current position size percentage Global drawdown Daily and weekly risk consumption Correlation guard state Alert mode status Performance Console (top-left): Net profit Current equity Win rate percentage Average trade value Sharpe-style ratio (rolling 50-bar window) Profit factor Open trade count Optional risk tint on chart background provides visual indication of "safe to trade" versus "halted" state. All visualization elements can be toggled on/off from the inputs for clean chart viewing or full telemetry during parameter tuning. Alerts and Automation The strategy supports alert integration with two formats: Standard alerts: Human-readable messages for long, short, and risk-halt conditions Webhook format: JSON-formatted payloads ready for external execution systems (optional) Alert messages are predictable and unambiguous, suitable for manual review or automated forwarding to execution engines. Built-in Validation Suite The strategy includes an optional validation layer that can be enabled from inputs. It checks: Internal consistency of structure and confluence metrics Sanity and ordering of risk parameters Position sizing compliance with user-defined floors and caps This validation is optional and not required for trading, but provides transparency into system operation during development or troubleshooting. Strategy Parameters Market Presets: Configuration Preset: Choose between Crypto (BTC/ETH), Forex Majors, Indices (SPY/QQQ), or Custom Market Structure Architecture: Pivot Length: Default 5 bars Filter by Inducement (IDM): Default enabled Visualize Structure: Default enabled Structure Lookback: Default 50 bars Risk & Capital Preservation: Risk:Reward Ratio: Default 2.0 ATR Period: Default 14 ATR Multiplier (Stop): Default 2.0 Max Drawdown Circuit Breaker: Default 10% Risk per Trade (% Equity): Default 1.5% Daily Risk Limit: Default 6% Weekly Risk Limit: Default 12% Min Position Size (% Equity): Default 0.25% Max Position Size (% Equity): Default 5% Correlation Cooldown (bars): Default 3 Emergency Kill Switch: Default disabled Signal Confluence: RSI Length: Default 14 Trend EMA: Default 200 HTF Confirmation TF: Default Daily Allow Weekend Trading: Default enabled Minimum Confluence Score (0-8): Default 6 Backtesting Considerations When backtesting this strategy, consider the following: Commission: Default 0.05% (adjustable in strategy settings) Initial Capital: Default $100,000 (adjustable) Position Sizing: Uses percentage of equity (default 2% per trade) Timeframe: Optimized for 4-hour charts, though can be tested on other timeframes Results will vary significantly based on: Market conditions and volatility regimes Parameter settings, especially confluence threshold Risk limit configuration Symbol characteristics (crypto vs forex vs equities) Past performance does not guarantee future results. Win rate, profit factor, and other metrics should be evaluated in context of drawdown periods, trade frequency, and market conditions. How to Use This Strategy This is a framework that requires understanding and parameter tuning, not a one-size-fits-all solution. Recommended workflow: Start on 4-hour timeframe with default parameters and appropriate market preset Run backtests and study performance console metrics: focus on drawdown behavior, win rate, profit factor, and trade frequency Adjust confluence threshold to match your risk appetite—higher thresholds mean fewer but more selective trades Set realistic daily and weekly risk budgets appropriate for your account size and risk tolerance Consider ATR multiplier adjustments based on market volatility characteristics Only connect alerts or automation after thorough testing and parameter validation Treat this as a risk framework with an integrated entry engine, not merely an entry signal generator. The risk controls are as important as the trade signals. Strategy Limitations Designed for swing trading timeframes; may not perform optimally on very short timeframes Requires sufficient market structure to identify pivots; may struggle in choppy or low-volatility environments Crypto markets require different parameter tuning than traditional markets Risk limits may prevent entries during favorable setups if daily/weekly budgets are exhausted Correlation cooldown may delay entries that would otherwise be valid Backtesting results depend on data quality and may not reflect live trading with slippage Design Philosophy Many indicators tell you when price crossed a moving average or RSI left oversold. This strategy addresses questions institutional traders ask: Who is in control of the market right now? Is this move structurally significant or just noise? Do I want to add more risk given what I've already done today/week? If I'm wrong, exactly how painful can this be? The strategy provides disciplined, repeatable answers to these questions through systematic structure analysis, confluence filtering, and multi-layer risk management. Technical Implementation The strategy uses Pine Script v6 with: Custom types for structure, confluence, and risk state management Functional programming approach for reusable calculations State management through persistent variables Optional visual elements that can be toggled independently The code is open-source and can be modified to suit individual needs. All important logic is visible in the source code. Disclaimer This script is provided for educational and informational purposes only. It is not intended as financial, investment, trading, or any other type of advice or recommendation. Trading involves substantial risk of loss and is not suitable for all investors. Past performance, whether real or indicated by historical tests of strategies, is not indicative of future results. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between backtested results and actual results subsequently achieved by any particular trading strategy. The user should be aware of the risks involved in trading and should trade only with risk capital. The authors and publishers of this script are not responsible for any losses or damages, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on this script. This strategy uses technical analysis methods and indicators that are not guaranteed to be accurate or profitable. Market conditions change, and strategies that worked in the past may not work in the future. Users should thoroughly test any strategy in a paper trading environment before risking real capital. Commission and slippage settings in backtests may not accurately reflect live trading conditions. Real trading results will vary based on execution quality, market liquidity, and other factors not captured in backtesting. The user assumes full responsibility for all trading decisions made using this script. Always consult with a qualified financial advisor before making investment decisions. Enjoy - officialjackofalltrades
Pine Script® strategy
by officialjackofalltrades
Session Relative VolumeSession Relative Volume is an advanced intraday futures volume indicator that analyzes volume separately for Asia, London, and New York sessions - something standard relative volume tools can’t do. Instead of aggregating the entire day’s volume, the indicator compares current volume to historical averages for the same session and time of day, allowing you to spot true volume strength and meaningful spikes, especially around session opens. Background Relative volume helps traders spot unusual activity: high volume often signals institutional participation and trending days, while low volume suggests weak commitment and possible mean reversion. In futures markets, sessions ( Asia, London, New York ) must be analyzed separately, but TradingView’s Relative Volume in Time aggregates the entire day, masking session-specific behavior - especially during the New York open. Since volume can vary by more than 20× between sessions, standard averages struggle to identify meaningful volume spikes when trader conviction matters most. Indicator Description The “Session Relative Volume” indicator solves these problems by calculating historical average volume specific to each session and time of day, and comparing current volume against those benchmarks. It offers four display modes and fully customizable session times Altogether, it provides traders with a powerful tool for analyzing intraday futures volume, helping to better assess market participation, trader conviction, and overall market conditions - ultimately supporting improved trading decisions. Parameters Mode – display mode: R-VOL: Relative cumulative session-specific volume at time VOL CUM: Cumulative session volume at time compared to historical average cumulative session-specific volume VOL AVG: Average session intrabar volume at time compared to historical average session-specific intrabar volume VOL: Individual bars volume, highlighting (solid color) unusual spikes Lookback period – number of days used for calculating historical average session volume at time MA Len – length of the moving average, representing average bar volume within a session based on previous periods (different from historical cumulative volume!). Used only in VOL and VOL AVG modes MA Thresh – deviation from moving average, used to detect bar volume spikes (bar volume > K × moving average) Start Time – End Time and Time Zone parameters for each session. The time zone must be set using TradingView’s format (e.g., GMT+1).
Pine Script® indicator
by hermes_trisme
Liquidity Levels Pro Tool - thewallranka Liquidity Levels Pro Tool is a market-structure and liquidity-mapping indicator designed to help discretionary futures and index traders identify statistically relevant price levels where reactions, continuations, or liquidity sweeps are more likely to occur. This script is a decision-support tool, not a signal generator. It does not issue buy/sell alerts or predict future price movement. Instead, it organizes and scores liquidity information so traders can make their own contextual decisions. What this indicator does The script continuously detects and maintains liquidity zones derived from price pivots, then evaluates those zones using multiple structural and contextual factors: Repeated price interaction (touches) Freshness (time since last interaction) Confluence with key reference levels Reaction behavior after contact Session relevance (RTH vs overnight) Market regime (trend vs mean reversion) Time-of-day effects (open, midday, power hour) Only the most relevant zones—based on a dynamic scoring system—are displayed to reduce chart clutter and focus attention on levels that have historically mattered. Core components 1. Liquidity Zones Zones are built from pivot highs and lows and expanded into areas using a configurable tick-based padding. Nearby zones are merged to avoid redundancy. Each zone is continuously evaluated and assigned a score (0–100) reflecting its relative importance. 2. Zone Scoring (No Lookahead) Zone scores are based on: Number of confirmed interactions Recency of the last touch Confluence with prior day/week levels, VWAP, and Opening Range Reaction quality after touches (speed and follow-through) Session alignment (zones that “work” in the current session are favored) Penalties after liquidity sweeps Zones are not forward-looking and do not rely on future data. 3. Context Engine The script classifies the current environment using VWAP slope and distance: Trend (up or down) Mean reversion Mixed/transition Time-of-day context (Open, Midday, Power Hour) is also tracked internally and influences zone scoring. This context is displayed in the HUD to support situational awareness, not automated decisions. 4. Liquidity Sweeps Optional sweep detection highlights situations where price trades beyond a zone and closes back inside, indicating potential stop runs or failed breakouts. Sweeps are rate-limited and applied conservatively to avoid visual noise. 5. Trade Planning Levels (Optional) When enabled, the script highlights the nearest high-quality liquidity level above and below price based on score thresholds. These are intended as reference targets, not trade entries or exits. HUD (Heads-Up Display) The on-chart HUD summarizes: Key reference levels (prior day/week, Opening Range) Nearest strong liquidity above/below price Market regime and time-of-day context Distance to levels (ticks or points) The HUD is fully optional, positionable, and includes resizable modes (Small / Medium / Large) to fit different chart layouts. How to use this tool This indicator is best used as part of a discretionary trading process, for example: Identifying areas where price is more likely to react or pause Framing trades around higher-quality structure instead of arbitrary levels Filtering setups based on session and regime context Managing expectations near known liquidity rather than chasing price It is intentionally designed not to provide trade signals. Limitations and important notes This script does not predict outcomes or guarantee reactions High-scoring zones can still fail Liquidity behavior is context-dependent and probabilistic No performance claims or backtested results are provided The indicator should not be used in isolation Past behavior does not imply future results. Chart and usage notes The script is intended for standard time-based charts Recommended for liquid futures and index products Use a clean chart for clarity when publishing or sharing No external indicators are required Final note Liquidity Levels Pro (Tool) — v6 is designed to organize complex market structure into a clear, readable framework, allowing traders to focus on execution and risk management rather than raw level detection. This script reflects an analytical approach to intraday liquidity and structure, not an automated trading system.
Pine Script® indicator
by thewallranka
Context Bundle | VWAP / EMA / Session HighLow (v6) 📌 0DTE Context Bundle (v6) **VWAP • EMA Cloud • Session High/Low (NY / London / Asia) The **0DTE Context Bundle** is a *decision-making overlay*, not a signal spam indicator. It’s designed to help traders clearly see **value, trend, and liquidity levels** across **New York, London, and Asia sessions** — all in one clean, customizable tool. Built for **NQ, ES, Gold, and FX pairs**, with a focus on **5–15-minute execution charts**. --- ## 🔹 What This Indicator Shows ### ✅ VWAP + ATR Bands * Session VWAP (fair value) * ATR-based extension bands (1x / 2x) * Helps identify **overextension, mean reversion zones, and trend pullbacks** ### ✅ EMA 9 / 21 Cloud * Visual trend and momentum filter * Custom colors + opacity * Identifies **trend continuation vs chop** ### ✅ Session High / Low Levels * **New York RTH** * **London** * **Asia (midnight-safe)** * Optional previous session highs/lows * Adjustable line styles, widths, colors, and extensions ### ✅ Anchored VWAP (Optional) * Reset by: * Daily * NY session start * London session start * Asia session start * Useful for tracking **session-specific value shifts** --- ## 🔹 How Traders Use It This indicator is meant to answer: * *Are we trading at value or extension?* * *Is the market trending or rotating?* * *Where is liquidity likely sitting right now?* Common use cases: * Trend pullbacks into VWAP or EMA cloud * Reversal setups at session highs/lows * Session breakout + retest confirmation * Overnight context for London and Asia sessions --- ## 🔹 Customization & Flexibility Every component can be toggled and styled: * Colors, widths, line styles * Cloud up/down colors + opacity * Session visibility and extensions * VWAP band multipliers and ATR length Members can adapt it to **their own style**, market, and timeframe. --- ## ⚠️ Disclaimer This indicator is provided for **educational and informational purposes only**. It does **not** provide financial advice or trade signals. Always manage risk and confirm entries with your own strategy.
Pine Script® indicator
by TradeswithB
AlgoIndex NQ/MNQ FuturesAlgoIndex Futures v3.15 - NQ/MNQ (10-Minute RTH) This strategy is specifically tailored for trading CME Nasdaq futures - NQ and MNQ, including continuous symbols such as NQ1!/MNQ1!. It is optimized for a 10-minute chart during U.S. Regular Trading Hours (RTH), utilizing session settings defined in the Inputs. This strategy is not intended for other futures contracts or markets. Core Concept The strategy employs an ATR-based trend-band model similar to Supertrend for identifying directional mechanism changes in NQ/MNQ. Trade signals are evaluated at the bar close, incorporating session and time-based safety techniques to mitigate lower-quality trading opportunities near session boundaries. Recommended Use (Optimized Defaults) The default input parameters are fine-tuned for NQ/MNQ on the 10-minute chart. Users are encouraged to utilize these defaults initially and to make incremental adjustments to one variable at a time to understand the impact on the strategy's performance, trading frequency, and risk profile. Configurable Inputs - Take Profit / Stop Loss Settings: - Enable Stop Loss and define Stop Loss (Points) - Enable Take Profit and define Take Profit (Points) - Enable Trailing Stop and set both Trailing Stop (Points) and Trailing Offset (Points) - Time Avoidance Filter: - Enable Time Avoidance - Avoid First X Minutes - Avoid Last X Minutes - Display Avoidance Zones (visual overlay) - Session Filter and End-of-Day Management: - Enable Session Filter - Define Trading Session (default: 09:30-16:00) - Select Session Timezone - Option to Close Positions at Session End - Specify EOD Close Minutes Before (default: 20) - Safety Controls: - Option to Close Before Holidays (when enabled, this feature allows the strategy to flatten positions prior to holiday or early close conditions) - Automation Settings (Optional): - Ticker Override (optional) - Define Contracts (position size) - Strategy Configuration: - Trade Direction: Both / Long Only / Short Only - Visual Configuration: - Option to Show Buy/Sell Signals - Highlight Trend Zones - Display Info Table - Customizable Bull/Bear Colors Alerts and Automation (Optional) This strategy can generate order-fill alert payloads for hooking into webhook-based automation solutions. Keep in mind to validate your alert type and your bridge/broker configuration during Replay and paper trading. Note that reversals may trigger two sequential actions (e.g., exit followed by new entry). Backtest Notes (Optional) For more precise historical fill data, consider enabling TradingView’s Bar Magnifier in Strategy Properties. Always apply consistent assumptions for commission and slippage when comparing backtest results. Disclaimer This script is intended for informational and educational purposes only and does not constitute investment advice. Trading futures carries significant risk and may result in losses that exceed the initial deposit. Backtested results are hypothetical and do not guarantee future performance.
Pine Script® strategy
by MyAlgoIndex
Forexsebi - DAX Future Psychological Levels - TrendflowTrendflow is an advanced TradingView indicator combining psychological price levels with trend and multi-timeframe analysis. The indicator automatically plots psychological levels in around the current price. Each level is visualized using horizontal lines and price zones (boxes) to clearly highlight potential support and resistance areas. Psychological Levels – Trendflow ist ein fortschrittlicher TradingView-Indikator , der wichtige psychologische Preislevel mit einer klaren Trend- und Multi-Timeframe-Analyse kombiniert. Trend Analysis with SMAs SMA 50 & SMA 200 plotted directly on the chart Individually toggleable Clear color separation for fast trend recognition Multi-Timeframe SMA Trend Table Trend status (BULLISH / BEARISH / NEUTRAL) across: 5M, 15M, 1H, 4H, 1D Logic: Price relative to SMA 50 & SMA 200 Color-coded, easy-to-read table Info Box Current Gold price Nearest psychological level above and below price Alert System Alerts when price approaches a psychological level User-defined alert distance
Pine Script® indicator
by SDTradingInsights
MorphWave Bands [JOAT]MorphWave Bands - Adaptive Volatility Envelope System MorphWave Bands create a dynamic price envelope that automatically adjusts its width based on current market conditions. Unlike static Bollinger Bands, this indicator blends ATR and standard deviation with an efficiency ratio to expand during trending conditions and contract during consolidation. What This Indicator Does Plots adaptive upper and lower bands around a customizable moving average basis Automatically adjusts band width using a blend of ATR and standard deviation Detects volatility squeezes when bands contract to historical lows Highlights breakouts when price moves beyond the bands Provides squeeze alerts for anticipating volatility expansion Adaptive Mechanism The bands adapt through a multi-step process: // Blend ATR and Standard Deviation blendedVol = useAtrBlend ? (atrVal * 0.6 + stdVal * 0.4) : stdVal // Normalize volatility to its historical range volNorm = (blendedVol - volLow) / (volHigh - volLow) // Create adaptive multiplier adaptMult = baseMult * (0.5 + volNorm * adaptSens) This creates bands that respond to market regime changes while maintaining stability. Squeeze Detection A squeeze is identified when band width drops below a specified percentile of its historical range: Background highlighting indicates active squeeze conditions Low percentile readings suggest compressed volatility Squeeze exits often precede directional moves Inputs Overview Band Length — Period for basis calculation (default: 20) Base Multiplier — Starting band width multiplier (default: 2.0) MA Type — Choose from SMA, EMA, WMA, VWMA, or HMA Adaptation Lookback — Historical period for normalization (default: 50) Adaptation Sensitivity — How much bands respond to volatility changes Squeeze Threshold — Percentile below which squeeze is detected Dashboard Information Current trend direction relative to basis and bands Band width percentage Squeeze status (Active or None) Efficiency ratio Current adaptive multiplier value How to Use It Look for squeeze conditions as potential precursors to breakouts Use band touches as dynamic support/resistance references Monitor breakout signals when price closes beyond bands Combine with momentum indicators for directional confirmation Alerts Upper/Lower Breakout — Price exceeds band boundaries Squeeze Entry/Exit — Volatility compression begins or ends Basis Crosses — Price crosses the center line This indicator is provided for educational purposes. It does not constitute financial advice. — Made with passion by officialjackofalltrades
Pine Script® indicator
by officialjackofalltrades
Vib ORB Range (Free)Vib ORB Range (Free) plots the Opening Range High and Low for the session based on a user-defined start time and duration. This tool is designed for traders who want a clean, no-noise display of the ORB zone without extra indicators or automation. Features: Customizable Opening Range start time Customizable Opening Range duration Automatically resets daily Plots ORB High, ORB Low, and optional ORB Midline Shaded range zone for improved clarity Works on all timeframes and markets How to Use: Set the ORB start time (default 9:30 New York) Set the ORB duration (default 15 minutes) The indicator will draw the ORB zone once the range completes Use the outlines or shaded zone to visually identify potential breakout areas This free tool is intended as a simple, reliable ORB visualizer without alerts, filters, or strategy logic.
Pine Script® indicator
by vmarapak
Bayesian Order Flow Predictor📌 Bayesian Order Flow Predictor — Advanced Probability Engine for Nasdaq and Futures This indicator is a next-generation probabilistic forecasting system designed for Nasdaq traders who rely on Order Flow, Auction Market Theory, Value Area dynamics, market structure, DOM imbalance, and Bayesian probability models. It combines 7 professional-grade factors (DOM, CVD, RSI, EMA trend, ATR volatility, Market Structure, Value Area positioning) into a unified Bayesian probability panel that outputs a clean bullish/bearish probability curve with high-confidence reversal and trend-continuation signals. Engineered for scalpers, day traders, futures traders, and ICT-style order flow technicians, it delivers real-time directional probability, session-aware signals, and optional news-filter exclusion. ⭐ Features Bayesian Probability Model (0–100%) DOM imbalance scoring across dynamic depth levels Cumulative Volume Delta (CVD) scoring Market structure detection (HH/LL micro-trend shifts) RSI momentum and overbought/oversold scoring EMA directional bias + ATR-normalized deviation Value Area positioning (VAH / VAL / POC) with optional previous-session mode Session filtering (only signals during active hours) Automated news filter (exclude signals around scheduled macro events) Bull/Bear probability zones with background coloring Anti-repetition system (no double signals in same direction) Designed for future scalping, futures order flow, and high-precision timing 🧠 Bayesian Probability Engine — How It Works The model evaluates 7 independent market factors simultaneously: DOM imbalance CVD pressure Market structure RSI deviation EMA trend Value Area position ATR volatility shift Each factor is transformed into a normalized score, multiplied by its weighting parameter, and aggregated into a global score. This score is then passed through a Bayesian logistic function to convert uncertainty into a smooth probability curve, giving traders a clean, mathematically stable, and noise-resistant forecast. 📈 Buy & Sell Signal Logic Signals trigger when: Bullish Probability crosses above the user threshold Bearish Probability crosses below the opposite threshold Session is active No protected news event is occurring This avoids noise, prevents over-signaling, and focuses only on high-confidence inflection points. 🎯Fully compatible with the indicator: ➡️ AI Probabilistic Orderflow scalper Both indicators synchronize perfectly when used together: Bayesian panel → trend probability Scalper v1 → timing + TP/SL engine Together they create a complete probability-driven revenue management system for scalping Future. 📘 How to Use Add the indicator to your chart Set your trading session (e.g., 09:30–16:00 EST) Adjust weights depending on your style (Order Flow / Momentum / Value Area) Watch the probability curve: Above threshold → bullish bias Below threshold → bearish bias Take signals when the curve crosses thresholds, not when flat Combine with "AI Probabilistic Orderflow scalper" indicator for execution timing Avoid high-impact news using the News Filter 💎 Advantages Professional-grade Bayesian model Works in all volatility regimes Noise-resistant and smoother than traditional oscillators Integrates Order Flow + Auction Theory + Momentum + Volatility Perfect for NQ scalpers seeking an AI-style probability dashboard Reduces emotional decision-making Compatible with any execution strategy Optimized for high winrate scalping and sniper entries
Pine Script® indicator
by mounir438
Robrechtian Long-Medium Breakout Trend SystemRobrechtian Long–Medium-Term Breakout Trend System A professional, rule-based trend-following strategy designed to capture large, sustained price movements using pure price action and breakouts. This system follows long-established trend-following philosophy: no prediction, no volatility targeting, and no profit targets. Only disciplined entries, position additions, and exits driven entirely by trend structure. Core Principles Breakout-driven entries: Initial positions are taken only when price breaks above/below the 80-day Donchian channel, confirming a long–medium-term trend shift. Short-term confirmation: Breakouts must also exceed the 20-day channel, reducing false positives. Trend-direction filter: A 50-day moving average slope filter ensures alignment with the broader trend. Explosive bar filter: Entries avoid excessively large, single-candle expansions (>2.5× ATR(20)) to prevent chasing exhaustion spikes. Pyramiding into strength: Additional units are added only when price makes fresh 20-day breakouts in the direction of the trend. No scaling out. No adding on dips. Exit only on trend violation: Positions are closed exclusively when price breaks the opposite 80-day channel. This preserves unlimited upside while enforcing disciplined exits. Pure trend philosophy: No volatility targeting, no smoothing, no discretionary overrides, no optimization for short-term performance. Intended Use This system is designed primarily for diversified futures portfolios, where diversification across dozens of globally liquid markets creates robustness and stability. However, it may also be used on individual assets for educational and analytical purposes. The system embraces the core trend-following logic: Small losses, big winners, and unlimited upside when trends persist. ⚠️ WARNINGS / DISCLAIMERS ⚠️ Warning 1 — This strategy is not optimized for single stocks The Robrechtian Trend System is designed for multi-asset futures portfolios, not single equities. Performance on individual tickers may vary greatly due to lack of diversification. ⚠️ Warning 2 — Trend following includes substantial drawdowns Deep drawdowns are a normal and expected feature of all long-term trend-following systems. The strategy does not attempt to smooth returns or manage volatility. If you seek steady, low-volatility equity curves, this system is not suitable. ⚠️ Warning 3 — No volatility targeting or risk smoothing This system intentionally avoids volatility-based position sizing. Trades may experience larger fluctuations than systems using risk parity or vol targeting. ⚠️ Warning 4 — Not financial advice This script is for educational and research purposes only. Past performance does not guarantee future results. Use at your own risk. ⚠️ Warning 5 — TradingView backtests have known limitations TradingView does not simulate: futures contract roll logic slippage real bid/ask spreads liquidity conditions limit-up/limit-down behavior Results may vary from live market execution.
Pine Script® strategy
by LordRobrecht
Futures Position Size Calculator (NQ/ES)DISCLAIMER: This indicator is provided solely for informational and educational purposes. It calculates position sizing based on user-defined inputs such as entry and stop-loss levels, but it does not provide trading signals, recommendations, or financial advice . All trading decisions are made at the sole discretion of the user. By using this indicator, you acknowledge that you are fully responsible for your own trades and risk management . The developer/publisher of this indicator assumes no liability for any losses, damages, or financial consequences that may arise from its use. Features: • Position size calculator (based on Entry & Stop Loss) • Reward ratio calculator (1R, 2R, 3R, etc.) • Supports: NQ / MNQ / ES / MES Usage: When you first add the script to your chart (on any supported futures symbol), you will be prompted to set the Entry Price and Stop Loss Price on the chart using draggable lines . After setup, you can freely move the price lines, and the indicator will automatically update: • Position size • Reward targets • Direction (long/short is auto-detected) RISK Settings: You can calculate position size using either: 1. Account Percent Select "Percent" in the Risk Method dropdown and enter the percent of your account you want to risk per trade. 2. Fixed Dollar Amount Select "Fixed Dollar" in the Risk Method dropdown and enter the dollar amount you want to risk. You may set separate values for: NQ, MNQ, ES, and MES. Reward Calculator: Enable the checkbox "Show Reward Targets" in the Reward Ratio section to display projected targets (1R, 2R, etc.). You can also choose how many R-levels are displayed on the chart.
Pine Script® indicator
by AravinthDon98
1
Position Sizing Calculator (Real-Time) - Futures Edition█ SUMMARY The following indicator is a Position Sizing Calculator based on Average True Range (ATR), originally developed by market technician J. Welles Wilder Jr., intended for real-time trading. This script utilizes the user's account size, acceptable risk percentage, and a stop-loss distance based on ATR to dynamically calculate the appropriate position size for each trade in real time. █ BACKGROUND Developed for use on the Micro E-mini Nasdaq-100 futures (MNQ), this script provides traders with continuously updated dynamic position sizes. It enables traders to instantly determine the exact number of contracts to use when entering a trade while staying within their acceptable risk tolerance. This real-time position sizing tool helps traders make well-informed decisions when planning trade entries and calculating maximum stop-loss levels, ultimately enhancing risk management. █ USER INPUTS Trading Account Size: Total dollar value of the user's trading account. Acceptable Risk (%): Maximum percentage of the trading account that the user is willing to risk per trade. ATR Multiplier for Stop-Loss: Multiplier used to determine the distance of the stop-loss from the current price, based on the ATR value. ATR Length: The length of the lookback period used to calculate the ATR value. Show Target Risk Row: Toggle to hide/show the Target Risk Row SL Levels Display: Option to see Both, Long Only, Short Only, or None of the Stop Loss Level Values. Contract Point Value ($): Point value per contract. Tooltip highlights common values. Tick Size: Minimum Price Movement (Default set to 0.25) Minimum Contracts: Override the Minimum Contracts per trade to a user selected value. (May Exceed User's Target Risk)
Pine Script® indicator
by Stereotypical
Auto Position CalculatorA position sizing tool that automatically detects the instrument you're trading and calculates the correct position size based on your risk parameters. What It Does This indicator calculates how many contracts, lots, or shares to trade based on your account size, risk percentage, and stop loss distance. It auto-detects the instrument type and adjusts the point/pip value accordingly. Supported Instruments Futures: NQ, MNQ, ES, MES, YM, MYM, RTY, M2K, CL, MCL, GC, MGC Forex: All major pairs (USD, EUR, GBP, JPY, etc.) Index CFDs: NAS100, US500, US30, GER40, UK100 Metals: XAU, XAG Crypto and Stocks: Automatic detection How to Use Set your account size and risk % in settings Click the settings icon and place Entry, Stop Loss, and Take Profit on the chart The position size and risk calculations appear automatically Levels auto-reset at your chosen session (Asia, London, or New York open) Limitations CFD and forex pip values assume standard lot sizing - your broker may differ Auto-detection relies on ticker naming conventions, which vary by broker/data feed Session reset times are based on ET (Eastern Time)
Pine Script® indicator
by yundore
GT3_Trades Sessions Highs & LowsThis indicator automatically identifies and displays the session highs and lows for the three major global market sessions: Asia, London, and New York. It is designed for intraday traders who rely on session-based structure, liquidity levels, and volatility windows. The script dynamically tracks and plots the highest and lowest price reached during each session and extends these levels forward on the chart for strong visual clarity. Key Features Session-Based Highs & Lows Calculates and updates the high and low for each session (Asia, London, New York) in real time as price develops within the session window. Fully Customizable Display Options Traders can individually toggle the visibility of each session’s high and low levels. Line colors, styles (Solid, Dashed, Dotted), and thickness are also user-configurable. Accurate Timezone Handling Session times are defined using user-selected timezone settings (default UTC+3), ensuring session boundaries match the trader’s desired market timing. Automatic Daily Reset At the start of each new trading day, the indicator clears the previous levels and begins tracking fresh highs and lows for the new day. Dynamic Line Drawing Each level is plotted using real Pine Script line objects, which update automatically as new highs or lows form. Once created, each line extends forward to the right—providing clear, persistent references for potential liquidity zones, breakouts, and reversions. Efficient Tracking Logic The script keeps track of the bar index where each high/low occurs and updates the line endpoints in real time. Historical levels are not reused, ensuring clean, uncluttered visuals. How It Helps Traders Identifies liquidity pools and sweep areas based on session extremes. Highlights intraday structure shifts when price breaks or respects session highs/lows. Provides a clear overview of volatility cycles across the global trading day. Helps detect potential reversal or continuation setups when interacting with session boundaries. Ideal For Intraday and scalping strategies ICT-based session analysis Liquidity, sweep, and FVG traders Forex, indices, crypto, and commodities
Pine Script® indicator
by giorgosth3
WASDE Dates V2WASDE Dates V2 – USDA Release Calendar with Alerts, Countdown & Event Markers By cot-trader.com WASDE Dates V2 is a complete and reliable visualization tool for all scheduled WASDE (World Agricultural Supply and Demand Estimates) releases for 2025 and 2026. The USDA’s WASDE report is one of the most market-moving fundamental catalysts in agricultural futures—affecting Corn (ZC), Wheat (ZW), Soybeans (ZS), Soymeal (ZM), Soybean Oil (ZL), and many related CFD products. This script gives traders a precise timing layer directly inside their TradingView charts. 🔍 What this script does WASDE Dates V2 automatically: Marks each WASDE release day with a vertical line and label. Shows an automated countdown to the next WASDE release: In days (>24h) In hours & minutes (<24h) Displays an optional table of upcoming WASDE dates for quick reference. Provides two alert conditions: WASDE Day Alert – triggers exactly on the event WASDE 24h Reminder – pre-alert when less than 24 hours remain Handles both 2025 and 2026 confirmed dates. Works on any symbol and timeframe. 📌 Why WASDE matters The WASDE report updates global supply and demand estimates for: Corn Soybeans Wheat Other major agricultural commodities Changes in yield, acres, production, imports/exports, and ending stocks can cause immediate and significant volatility. Many traders combine WASDE awareness with seasonality, COT positioning, volatility filters, or fundamental models. This script ensures you never miss the timing of these key releases. ⚙️ How the script works The script stores official USDA WASDE release dates for 2025 and 2026 in two dedicated arrays. On every bar, it compares the bar’s timestamp with known WASDE timestamps to detect an event day. When an event occurs: A red “WASDE” label is plotted above the candle A dotted vertical line is drawn through the bar It finds the next upcoming WASDE by scanning forward through both arrays. A live-updating countdown label is displayed, showing days or hours/minutes until release. If the event is less than 24 hours away: A yellow “WASDE soon” warning appears near price The 24h alert condition becomes active An optional table lists upcoming events for 2025 & 2026. This script does not generate trading signals. It provides a time-based event layer designed to complement any discretionary or algorithmic trading approach. 🧭 How to use Add the script to your chart. Enable alerts for: “WASDE Day Alert” “WASDE 24h Reminder” Follow the countdown to prepare for upcoming volatility. Use together with other agricultural tools such as: Seasonality indicators COT (Commitment of Traders) analysis Trend / VWAP / Volume signals Pre- and post-WASDE trading strategies Works on all chart types, all symbols, and all timeframes. 📅 Included WASDE Dates (Confirmed) 2025: Jan 12, Feb 11, Mar 11, Apr 10, May 12, Jun 12, Jul 11, Aug 12, Sep 12, Oct 9, Nov 10, Dec 9 2026: Jan 12, Feb 10, Mar 10, Apr 9, May 12, Jun 11, Jul 10, Aug 12, Sep 11, Oct 9, Nov 10, Dec 10 (All dates based on USDA’s official 12:00pm ET schedule.) 💡 What makes this script original Fully updated 2025 + 2026 calendar Uses a robust time-comparison method for accurate marking Unique dual alert system (event + 24h pre-alert) Clean, readable layout with countdown + upcoming dates table Tailored specifically for grain & agricultural traders Built entirely in Pine Script v6 with careful attention to performance
Pine Script® indicator
by DerAndi72
Spot-Futures SpreadSpot-Futures Spread Indicator A comprehensive indicator that automatically calculates and visualizes the percentage spread between spot and perpetual futures prices across multiple exchanges. Key Features: Automatic Exchange Detection - Automatically detects your current exchange and finds the corresponding spot/futures pair Smart Fallback System - If the counterpart isn't available on your exchange, it automatically searches across 7+ major exchanges (Binance, Bybit, OKX, Gate.io, MEXC, KuCoin, HTX) and uses the first valid match Multi-Exchange Support - Works with 14 exchanges including Binance, Bybit, OKX, MEXC, BitGet, Gate.io, KuCoin, and more Clear Exchange Attribution - Shows exactly which exchanges are providing spot and futures data in the statistics table Configurable Moving Average - Track the average spread with customizable period Standard Deviation Bands - Identify unusual spread conditions with Bollinger-style bands Built-in Alerts - Get notified when spread crosses bands or zero (parity) Statistics Table - Real-time stats showing current spread, MA, std dev, and bands Manual Override Options - Advanced users can manually specify exchanges and symbols How It Works: The indicator calculates the spread as: (Futures Price - Spot Price) / Spot Price × 100 Positive spread = Futures trading at a premium (contango) Negative spread = Futures trading at a discount (backwardation) Zero = Parity between spot and futures Use Cases: Funding Rate Analysis - Correlates with perpetual funding rates Arbitrage Opportunities - Identify significant spot-futures divergences Market Sentiment - Premium/discount indicates bullish/bearish positioning Cross-Exchange Analysis - Compare spreads when spot and futures are on different exchanges Smart Features: Works whether you're viewing a spot or futures chart Automatically handles exchange-specific perpetual contract naming (.P, PERP, SWAP, etc.) Color-coded visualization (green for premium, red for discount) Customizable colors and display options Background shading based on spread direction Perfect For: Crypto traders monitoring funding rates, arbitrage traders, market makers, and anyone interested in spot-futures dynamics across multiple exchanges. Getting Started: Simply add the indicator to any spot or perpetual futures chart. It will automatically detect the exchange and find the corresponding pair. The statistics table shows which exchanges are being used for maximum transparency. Note: The indicator automatically ignores invalid symbols, so you'll never see errors even if a specific pair doesn't exist on a particular exchange. Kudos to @AlekMel that made the "Spot - Fut Spread v2" indicator that I enhance the Automatic detection feature which was not working in some case.
Pine Script® indicator
by sharkonet
Liquidity Hunt Detector PDH/PDL [SmartFoxy]Liquidity Hunt Detector PDH/PDL The Liquidity Hunt Detector (LHD) is designed to identify and anticipate liquidity grabs around the: • Previous Day High (PDH); • Previous Day Low (PDL). It builds dynamic trigger levels that highlight where price may deliver its first impulse before reaching PDH/PDL. The Liquidity Hunt Detector (LHD) identifies high-probability reversals and continuations around the Previous Day High (PDH) and Previous Day Low (PDL). It dynamically tracks the market’s move from the session open, builds trigger levels toward PDH/PDL, and highlights where liquidity is most likely to be taken. When price taps a Trigger Up/Down level, the indicator generates Long/Short signals with optional confirmation from the integrated MA Ribbon , ensuring only high-quality, trend-aligned setups are shown. When price interacts with these trigger levels, the indicator generates signals that help traders evaluate the market structure and prepare for potential entries. Designed for Forex, Crypto, Indices, Stocks , the LHD provides a clean and intuitive structure for navigating intraday liquidity grabs, session impulses, and directional bias shifts. The indicator is built from three fully independent modules, each of which can be used separately: Liquidity Hunt Detector (LHD) Moving Average Ribbon (MA Ribbon) Previous Day High/Low (PDH/PDL) levels Liquidity Hunt Detector (LHD) Logic 1.1 Display LHD – Enables or disables the entire Liquidity Hunt Detector module. 1.2 Max Days – Number of previous days used to generate PDH/PDL levels. 1.3 GMT – Corrects all time-based calculations based on your broker/session timezone. 1.4 Calculation Method (Point A Logic) 1) Static Method Point A = the session’s opening price. Trigger lines are calculated strictly as a percentage of the move A → PDH or A → PDL. Intraday fluctuations do not affect the calculation. 2) Dynamic Method Point A updates using the current intraday high/low: • If price forms a new low, Point A updates for the PDH-side calculations; • If price forms a new high, Point A updates for the PDL-side calculations. This produces trigger lines that reflect the true live market structure rather than a fixed opening reference. 1.5 Main OTT Time (Operational Trading Time) This is the core time window during which the indicator: • updates Point A; • calculates trigger levels; • validates PDH/PDL; • draws AB / AC movement structure; • generates entry signals. Outside this window, no new signals or recalculations occur. ⚠ If your broker’s first candle opens at a non-standard time (e.g., 00:08), adjust the OTT start time to avoid visual artifacts. 1.6 Show Line A – Displays the opening price level (Point A) until the end of the OTT window. Style, width, and color are customizable. 1.7 Show Line AB — Price Movement Toward PDH. Static Method – Single line: A → PDH Dynamic Method – Two segments: • A → Daily Low; • Daily Low → PDH. If PDH is swept, the “B” label switches to Sweep PDH. 1.8 Show Line AC – Price Movement Toward PDL. Static Method – Single line: A → PDL Dynamic Method – Two segments: • A → Daily High; • Daily High → PDL. If PDL is swept, the “C” label switches to Sweep PDL. 1.9 Show Trigger Up Line (LONG Trigger) – Defines the level where the Long signal can activate. By default, at 50% of the A → PDH movement. When price touches this line, the script may: • show a LONG label; • trigger an alert. All visual parameters are customizable. 1.10 Show Trigger Up Line (LONG Trigger) Same logic as Trigger Up, but based on A → PDL. 1.11 Show Main Zone (OTT Zone) – Visual background highlighting of the active OTT window. Helps instantly see: • whether signals are allowed; • how much time remains in the trading window? Color and opacity are adjustable. 1.12 Upper Zone (toward PDH) – Tracks the protected area towards PDH. Updates dynamically with new highs. 1.13 Lower Zone (toward PDL) – Tracks the zone toward PDL. Updates dynamically with new lows. 1.14 Show Labels – Displays reference labels (A, B, C, Trigger Up, Trigger Down). Label size is customizable. 1.15 Add Price – Adds the exact price value to each label. 1.16 Change Color after Sweep PDH or PDL – After PDH or PDL is broken, the indicator automatically recolors lines and labels to visually confirm the sweep. 1.17 Show SHORT Label – Displays the SHORT entry label when all conditions for a bearish signal are met. Style parameters are set in the previous blocks. 1.18 Alert on Bearish Trigger Down – Triggers an alert when the price activates the bearish trigger. 1.19 Show LONG Label – Displays the LONG entry label when bullish conditions are met. Style parameters are set in the previous blocks. 1.20 Alert on Bullish Trigger Up – Triggers an alert when the price activates the bullish trigger. 1.21 Alerts Active Time – Defines a custom time interval during which trigger signals are allowed. Even if price touches a trigger level, ❗ signals will NOT be generated outside this allowed time. Useful for: • avoiding Asian session signals; • reducing noise in low-liquidity periods. 1.22 Labels and Alerts Display Mode Two settings modes: • On Trigger (Instant Mode) – Signals appear immediately when price touches the trigger. • On Candle Close (Conservative Mode) – Signals form only after the candle closes beyond the trigger level. A more conservative option. 1.23 Delay LHD Signal Until MA Ribbon Confirms Direction – If enabled, LHD signals will NOT fire until the MA Ribbon produces a matching directional signal. Logic: • Price hits the trigger → LHD conditions become “armed”; • The indicator waits; • When MA Ribbon confirms trend direction (Long/Short); • The final LHD label + alert is generated. This ensures LHD trades are filtered and aligned with MA-based trend confirmation. ⚠ Works only when the MA Ribbon module is active.
Pine Script® indicator
by nreact25
2
Qullamagi EMA Breakout Autotrade (Crypto Futures L+S)Title: Qullamagi EMA Breakout – Crypto Autotrade Overview A crypto-focused, Qullamagi-style EMA breakout strategy built for autotrading on futures and perpetual swaps. It combines a 5-MA trend stack (EMA 10/20, SMA 50/100/200), volatility contraction boxes, volume spikes and an optional higher-timeframe 200-MA filter. The script supports both long and short trades, partial take profit, trailing MA exits and percent-of-equity position sizing for automated crypto futures trading. Key Features (Crypto) Qullamagi MA Breakout Engine – trades only when price is aligned with a strong EMA/SMA trend and breaks out of a tight consolidation range. Longs use: Close > EMA10 > EMA20 > SMA50 > SMA100 > SMA200. Shorts are the mirror condition with all MAs sloping in the trend direction. Strict vs Loose Modes – Strict (Daily) is designed for cleaner swing trades on 1H–4H (full MA stack, box+ATR and volume filters, optional HTF filter). Loose (Intraday) focuses on 10/20/50 alignment with relaxed filters for more frequent 15m–30m signals. Volatility & Volume Filters for Crypto – ATR-based box height limit to detect volatility contraction, wide-candle filter to avoid chasing exhausted breakouts, and a volume spike condition requiring current volume to exceed an SMA of volume. Higher-Timeframe Trend Filter (Optional) – uses a 200-period SMA on a higher timeframe (default: 1D). Longs only when HTF close is above the HTF 200-SMA, shorts only when it is below, helping avoid trading against dominant crypto trends. Autotrade-Oriented Trade Management – position size as % of equity, initial stop anchored to a chosen MA (EMA10 / EMA20 / SMA50) with optional buffer, partial take profit at a configurable R-multiple, trailing MA exit for the remainder, and an optional cooldown after a full exit. Markets & Timeframes Best suited for BTC, ETH and major altcoin futures/perpetuals (Binance, Bybit, OKX, etc.). Strict preset: 1H–4H charts for classic Qullamagi-style trend structure and fewer fake breakouts. Loose preset: 15m–30m charts for higher trade frequency and more active intraday trading. Always retune ATR length, box length, volume multiplier and position size for each symbol and exchange. Strategy Logic (Quick Summary) Long (Strict): MA stack in bullish alignment with all MAs sloping up → tight volatility box (ATR-based) → volume spike above SMA(volume) × multiplier → breakout above box high (close or intrabar) → optional HTF close above 200-SMA. Short: Mirror logic: bearish MA stack, tight box, volume spike and breakdown below box low with optional HTF downtrend. Best Practices for Crypto Backtest on each symbol and timeframe you plan to autotrade, including commissions and slippage. Start on higher timeframes (1H/4H) to learn the behavior, then move to 15m–30m if you want more signals. Use the higher-timeframe filter when markets are strongly trending to reduce counter-trend trades. Keep position-size percentage conservative until you fully understand the drawdowns. Forward-test / paper trade before connecting to live futures accounts. Webhook / Autotrade Integration Designed to work with TradingView webhooks and external crypto trading bots. Alert messages include structured fields such as: EVENT=ENTRY / SCALE_OUT / EXIT, SIDE=LONG / SHORT, STRATEGY=Qullamagi_MA. Map each EVENT + SIDE combination to your bot logic (open long/short, partial close, full close, etc.) on your preferred exchange. Important Notes & Disclaimer Crypto markets are highly volatile and can change regime quickly. Backtest and forward-test thoroughly before using real capital. Higher timeframes generally produce cleaner MA structures and fewer fake breakouts. This strategy is for educational and informational purposes only and does not constitute financial advice. Trading leveraged crypto products involves substantial risk of loss. Always do your own research, manage risk carefully, and never trade with money you cannot afford to lose.
Pine Script® strategy
by asefzxizexvsadf
XenoSmooth Predictive Candles - Advanced Heikin Ashi CandlesXenoSmooth Predictive Candles Summary in one paragraph A synthetic candle engine for crypto, FX, equities, and futures on intraday to swing timeframes. It reduces noise and flip delay so structure is easier to read. The core novelty is a predictive open with inertia plus slope lead fused with a zero lag body filter and an overshoot based wick model normalized by the real range and capped by ATR. Add it to a clean chart, hide regular candles if desired, and tune lengths. Shapes can move while the bar is open and settle on close. For conservative workflows read on bar close. Scope and intent • Markets. Major FX pairs, index futures, large cap equities, liquid crypto • Timeframes. One minute to daily • Purpose. Faster and smoother visual structure than Heikin Ashi while keeping causality and realistic wicks Originality and usefulness • Unique concept. Predictive open with inertia and slope lead plus selectable zero lag body filter and ATR capped wick overshoot in percent of real range • Failure mode addressed. Late flips in chop and unreal long wicks from raw extremes • Testability. Every control is an input. Users can toggle body method, lengths, clipping, and percent modeling • Portable yardstick. ATR based wick cap and percent of bar range scale across symbols Method overview in plain language Build a robust base price from O, H, L, and extra weight on Close. Smooth it with a chosen filter to produce the synthetic close. Drive a predictive open that follows the synthetic close with tunable inertia and a small lead from the last bar slope. Model wicks as the portion of the real extremes that extends beyond the synthetic body, smooth that overshoot, normalize by the bar range if selected, then cap by ATR to avoid tail spikes. Clamp synthetic values to the real high and low if enabled. Base measures • Range basis. True Range for the ATR cap and High minus Low for percent normalization • Return basis. Not used Components • Body Base Blend. Weighted O H L with a close bias to stabilize the base • Zero Lag Body Filter. ZLEMA or Super Smoother or WMA to set the synthetic close • Predictive Open. Inertial follow of the synthetic close plus a slope lead term • Wick Overshoot Model. Smoothed extension beyond the body, optional percent of real range, ATR cap • Clamp Option. Keeps synthetic open and close inside the real bar range Fusion rule • Synthetic close equals filtered base • Synthetic open equals previous open plus inertia times distance to synthetic close plus slope lead • Wicks equal smoothed overshoot above and below the body, optionally percent of range then converted back to price and capped by ATR Inputs with guidance Setup • Signal timeframe. Uses the chart timeframe • Invert direction. Not applicable • Session windows. Not applicable Logic • Body length. Core smoothing length for the synthetic close. Typical 6 to 14. Higher gives smoother and slower. Lower gives faster flips • Body method. ZLEMA or Super Smoother or WMA. ZLEMA is fastest. Super Smoother is calmest • Close weight in base. 0 to 1. Higher gives stronger emphasis on close and less noise • Open inertia. 0 to 1. Higher makes the open follow the close more tightly • Lead gain. 0 to 1. Higher adds more phase lead. Keep modest to avoid overshoot • Clamp body to real range. On keeps synthetic body inside high and low • Wick smooth length. Typical 4 to 10. Higher reduces jitter • Overshoot as percent. On stabilizes wicks across regimes • ATR length. Typical 10 to 20 for the cap • Max wick equals ATR times. 0 disables. 1.0 to 2.0 contains extreme tails Filters • Efficiency or trend filter. Not used • Micro versus macro range relation. Not used • Location filter. Not used Realism and responsible publication • No performance claims • Intrabar motion reminder. Shapes can move while a bar forms and settle on close • Strategies must use standard candles for signals and orders Honest limitations and failure modes • High impact releases and thin liquidity can distort wicks and produce gaps that any smoother cannot predict • Very quiet regimes can reduce contrast. Consider longer body length • Session time on the chart controls the definition of each bar
Pine Script® indicator
by exlux
Contango/Backwardation Monitor This is an indicator to display the spread difference between two products. I designed it around VX1! and VX2! but any other two products can be chosen. It is a simple subtraction of VX2-VX1. I will go through the options first and what they do followed by what contango/backwardation is in my own words. You will need the data package for VX futures for the default version to work. INPUTS -Apply Smoothing: choose to apply smoothing or not. -Smoothing Method: choose between SMA,EMA,WMA, etc. -Line Width: Width of line if line is chosen style(can be changed in style section) -Threshold 1-5: This is the level at which the line will change colors(defaults are for VX) -Color 1-5: The color the line will change to when crossing threshold. Towards Backwardation: Background color change when line is slanted down Towards Contango: Background color change when line is slanted up Bars to Confirm Trend: This is my method to cut down on background color changes. It is how many bars consecutive going back needed to change color. STYLE -All colors and whatnot can be changed here(threshold colors can be changed here or on the input page). T1 Line-T5 line: These are simple horizontal lines that can be used to denote threshold areas or whatever you want. Contango/Backwardation-These terms are used mostly with futures to define the calendar spread between two contracts. Contango is when that spread is is getting longer and backwardation is when that spread is closing. In terms of VIX futures, Contango would imply that volatility is stabilizing and the S and P will likely gain. Backwardation, woudl eb the opposite. The most simple way to read this indicator with default settings- If the line is up, red, and the background is red, then you can assume S and P prices are going down. And if the opposite is true, then prices are likely going up. Please feel free to ask any questions and I will do my best to answer them.
Pine Script® indicator
by NoMorePaperTrading
4