VIsthis is to make it easy to identify volume imbalances and flat candles.
these are STRONG magnets that will attract price and you should be aware of them when trading
Imbalances
DUN Lines IndicatorThe DUN Lines indicator detects, filters and plots price imbalances (aka fair value gaps or fvgs/ifvgs). It is unique in the fact that it uses five timeframes and filters out overlapping, lower timeframe imbalances and fvgs below a user-definable size threshold.
Simply set your detection timeframes, colors and thresholds then set your chart to your preferred entry timeframe. When imbalances are mitigated, the FVG/IFVG is removed from the chart.
The indicator's default colors are my preferred ones for differentiating between timeframes, but these are easily changed. A single color with various levels of transparency to indicate timeframe strength is another approach that works nicely.
FVG Reversal Sentinel🔵 FVG Reversal Sentinel – Multi-Timeframe Fair Value Gap Indicator
The FVG Reversal Sentinel is a powerful TradingView indicator designed to help traders identify and track Fair Value Gaps (FVGs) across multiple timeframes, all within a single chart.
This tool allows you to select up to five separate timeframes, ensuring you never miss key market shifts, whether you are scalping, day trading, or swing trading. You can use this indicator in any asset (Cryptos, Futures, Indices, Forex Pairs, etc.).
🔵 - Key Features -
Multi-Timeframe FVG Tracking – Select and display up to five different timeframes on one chart, providing a comprehensive view of market structure.
Customizable Colors – Adjust bullish and bearish FVG colors to match your chart theme for a seamless trading experience.
Enhanced Market Context – Quickly identify key liquidity zones and refine your entries and exits with precision.
Hide the lower timeframes FVGs to get a clear view in a custom timeframe.
Show or hide mitigated FVGs to declutter the chart.
FVGs boxes are going to be displayed only when the candle bar closes
FVGs are going to be mitigated only when the body of the candle closes above or below the FVG area.
No repainting
Whether you're looking to fine-tune your entries or gain a broader market perspective, the FVG Reversal Sentinel indicator ensures you have the tools to stay ahead of price action and capitalize on market inefficiencies.
🔵 - Customization-
You can change the indicator settings as you see fit to achieve the best results for your use case.
TIMEFRAMES
This indicator provides the ability to select up to 5 timeframes. These timeframes are based on the trader's timeframes including any custom timeframes.
Select the desired timeframe from the options list.
Add the label text you would like to show for the selected timeframe.
Check or uncheck the box to display or hide the timeframe from your chart.
FVG SETTINGS
Length of boxes: allows you to select the length of the box that is going to be displayed for the FVGs.
Delete boxes after fill?: allows you to show or hide mitigated FVGs on your chart.
Hide FVGs lower than enabled timeframes?: allows you to show or hide lower timeframe FVGs on your chart. Example - You are in a 15 minutes timeframe chart, if you choose to hide lower timeframe FVGs you will not be able to see 5 minutes FVG defined in your Timeframes Settings, only 15 minutes or higher timeframe FVGs will be displayed on your chart.
BOX VISUALS
Bullish FVG box color: the color and opacity of the box for the bullish FVGs.
Bearish FVG box color: the color and opacity of the box for the bearish FVGs.
LABELS VISUALS
Bullish FVG labels color: the color for bullish labels.
Bearish FVG labels color: the color for bearish labels.
Labels size: the size of the text displayed in the labels.
Labels position: the position of the label inside the FVGs boxes (right, left or center).
BORDER VISUALS
Border width: the width of the border (the thickness).
Bullish FVG border color: the color and the opacity of the bullish box border.
Bearish FVG border color: the color and the opacity of the bearish box border.
🔵 - How to use the indicator -
Just add the indicator in your chart and click in the settings option to customize it.
Make sure you select the desired timeframes and set the colors and opacity for the FVGs boxes.
This indicator can be used in many trading strategies, such as:
SILVER BULLET
iFVG
iFVG RETEST
These strategies are based on the use of FVGs, this tool can help you analyze the market and make the right decision.
🔵 - How was the indicator designed? -
I have spent a lot of time testing other open source indicators from the community. All of these indicators do a great job, but they have a problem, they not only mitigate FVGs when a candle closes above or below the FVG, they also mitigate FVGs when the candle closes exactly to the tick (not above or below the FVG). This is a problem for many strategies that rely on FVGs mitigation.
What makes this indicator different is that it focuses on just mitigating imbalances at the right time for these strategies.
I have taken ideas and some pieces of code from many community indicator developers, such as:
@twingall
@tflab
@marktools
@nacho-fx
@pmk07
... and many other people, to whom I thank for their valuable work and have allowed me to create this tool by making modifications to their source code.
🔵 - Disclaimer -
This tool is intended solely for informational and educational purposes and should not be regarded as financial, investment, or trading advice. It's not designed to predict market movements or offer specific recommendations. Users should be aware that past performance is not indicative of future results and should not rely on any indicator for financial decisions.
FVG Chain (Consecutive Fair Value Gaps / Imbalances)This indicator detects fair value gaps that are created out of the touch of older fair value gaps, hence creating an "FVG chain".
It counts +1 for the chain whenever a new price leg's FVG is touched.
You can use the current FVG Chain count, as well as the high, low, and price leg high/low of the current FVG as input source in external indicators. Check the data window to see the plot values.
How FVGs are detected:
Bullish: The low of the current confirmed bar is above the high of 2 bars back.
Bearish: The high of the current confirmed bar is below the low of 2 bars back.
A bullish FVG chain is broken if:
The current FVG's price leg low is broken.
The previous bar closed below the FVG, and the current confirmed bar closed below the previous bar.
A bearish FVG chain is broken if:
The current FVG's price leg high is broken.
The previous bar closed above the FVG, and the current confirmed bar closed above the previous bar.
Volume Gaps and ImbalancesThis Pine script indicator is designed to visually depict price inefficiencies, as identified by Volume Imbalances (VI) or Gaps. A Volume Gap is a scenario where the wicks of two successive candles don’t intersect, while an Imbalance occurs when only the wicks overlap, leaving the bodies apart. These zones of inefficiency frequently act as magnets for price, with the market striving rebalance in accordance with ICT principles.
Relevance:
Volume Gaps/Imbalances are zones of highly inefficient price delivery as per ICT concepts and represent a very strong draw to price. Price will often seek to rebalance those zones to ensure efficient price delivery. Consequently, these zones can provide good targets for entries in the opposite direction or take profit targets for previous entries in the direction of the Gap/Imbalance.
How It Works:
The indicator keeps track of all Gaps/Imbalances from the beginning of the available history. It automatically removes all mitigated Gaps/Imbalances, which are situations where the price has at least reached the bottom of a bullish gap or the top of a bearish gap.
On the last bar, the most recent valid gaps are highlighted with a box drawn from the start to the end of the gap. The start of a bullish gap is determined by the highest price of the previous candle’s open or close, while for bearish gaps, it’s the lowest price of the previous candle’s open or close. Conversely, the end of a bullish gap is the lowest price of the current candle’s open or close, and for bearish gaps, it’s the highest price of the current candle’s open or close.
To enhance the indicator’s speed and minimize chart noise, only the most recent gaps will be displayed, up to the limit set in the indicator settings.
Each displayed VI/GAP will indicate the size of the imbalance in ticks. For imbalances greater than 3 ticks, which represent stronger draws of liquidity, the color transparency will be reduced, and the text will be made more prominent. Volume Gaps are also marked with a 🧲 emoji for easy visual identification.
The indicator will automatically extend the boxes representing valid imbalances to the current bar for as long as the imbalance is not mitigated.
If an imbalance has been tapped, but not mitigated, the indicator will append 🚩emoji to denote that the imbalance has been partially mitigated and may no longer have as strong of a draw for price.
Configurability:
A user may configure the number of imbalances to show, the setting applies to bullish/bearish imbalances individually. This setting can be set to any value from 1 – 50.
Appearance wise, color, style and color transparency of each box representing an imbalance can be configured. The imbalance box label can be configured by setting the text size, along with the vertical & horizontal alignment.
What makes this indicator different:
Designed with high performance in mind, to reduce impact on chart render time.
Only keeps valid imbalances on the chart, with a limit on the # drawn
Indicates the size of the gap and provides visual markets to denote stronger, weaker and partially mitigated gaps
MCumulativeDelta* MCumulativeDelta Indicator *
The MCumulativeDelta Indicator shows the Buying / Selling pressure that is happening in the market. The Delta is powered by the *MBox Precision Delta* Algorithm. This indicator serves to show overall Accumulation and Distribution of the BUYERS and the SELLERS. It becomes possible to gauge if the market is overall Bullish or Bearish. This helps determine trade direction and keeping out of other trades that are counter to what the overall Buying / Selling is showing.
* WHAT THE SCRIPT DOES *
The script draws a histogram that can either be positive or negative. When the histogram is positive it means there are more Buyers in the Market. When the histogram is negative it means there are more sellers in the market. The more positive the histogram gets, the more BUYERS are flooding the market. The more negative the histogram gets, the more SELLERS are flooding the market. When the histogram switches over from negative to positive it is a Bullish sign of Buying. When the histogram switches over from positive to negative, it is a Bearish sign of Selling.
* HOW TO USE IT *
As the histogram becomes more negative, this shows that the SELLERS have taken control of the markets. Conversely, as the histogram becomes more positive, this shows that the Buyers have taken control of the markets. The side that is in control is the direction to generally place trades in, and at the same time filter out trades of the opposite direction.
* HOW IT WORKS *
The MCumulativeDelta histogram on the chart represents overall Buying / Selling. This is the DELTA (difference) between the BUYING and the SELLING. Taking the total BUYING and subtracting the total of SELLING, we produce the DELTA (difference) between the Buying / Selling and this is what is drawn by the histogram.
Unlike other Cumulative Delta indicators which determine delta from the Up / Down wick and just multiply by volume (not a true delta), the MCumulativeDelta indicator uses a sophisticated algorithm that analyzes price movement corresponding to volume movement.
The way the DELTA, BUYING, and SELLING is calculated is computed by the *MBox Precision Delta* Algorithm. The algorithm considers the following data points when making it's computation
1. Price moving up on increasing volume
2. Price moving up on decreasing volume
3. Price moving horizontally on increasing volume
4. Price moving horizontally on decreasing volume
5. Price moving down on increasing volume
6. Price moving down on decreasing volume
Using these data points allows MCumulativeDelta to effectively compute and define the following scenarios
1. Accumulation / Distribution
2. Buying / Selling Exhaustion
3. Buying / Selling EFFORT / NO RESULT
Once the scenario is determined, it will greatly aid in trade decision making. These scenarios are explained in the examples below
* EXAMPLE AND USE CASES *
- Accumulation Example -
When you see a large amount of BUYING (large positive histogram) and price entering an up trend, this is indicative of Accumulation and you would be looking for PULLBACKS to get into the up trend move.
- Distribution Example -
When you see a large amount of SELLING (large negative histogram) and price entering a down trend, this is indicative of Distribution and you would be looking for pullbacks to get into the down trend move.
- Buying EXHAUSTION Divergence -
As price makes higher highs, but the MCumulativeDelta histogram drops (becomes less positive) on the higher highs, it means BUYERS are exhausted. Potentially a reversal or change in behavior in the markets.
- Selling EXHAUSTION Divergence -
As price makes lower lows, but the MCumulativeDelta histogram contracts (becomes less negative) on the lower lows, it means SELLERS are exhausted. Potentially a reversal or change in behavior in the markets.
- BUYING EFFORT / NO RESULT -
As the MCumulativeDelta histogram increases positively, but price fails to make higher highs, it is a sign of EFFORT / NO RESULT on behalf of the Buyers. In this case Buyers are pushing hard to move price up, but are unable to, due to being OVERBOUGHT. If this is accompanied by visible SELLING, it would be a good short entry.
- SELLING EFFORT / NO RESULT -
As the MCumulativeDelta histogram increases negatively, but price fails to make lower lows, it is a sign of EFFORT / NO RESULT on behalf of the Sellers. In this case Sellers are pushing hard to move price down, but are unable to, due to being OVERSOLD. If this is accompanied by visible BUYING, it would be a good long entry.
* SETTING ALERTS *
- FOR CROSSING FROM BUYING TO SELLING OR SELLING TO BUYING -
To be alerted when the histogram crosses over from Buying to Selling (Positive to Negative) or Selling to Buying (Negative to Positive)
1. Right Click Chart -> Add Alert...
2. Select Condition to be "MCumulativeDelta"
3. Select "Crossing" with Value = 0
4. Options set "Once Per Bar Close"
5. Customize Any other Alert Options you want
* AUTHOR *
This script is published by MBoxWave LLC
XPrecisionSwing (XPS)* XPrecisionSwing (XPS) Indicator *
Is a visual representation of the Forces of Supply / Demand in the markets in the form of UP and DOWN waves. The Supply / Demand (denoted by a number on top or below the wave line) is computed using the *MBox Precision Supply / Demand* algorithm. These numbers diligently show the forces of Supply and Demand moving price in the markets. The algorithm for computing the numbers on the top and bottom of the wave lines measures the strength of the Supply / Demand. It is this algorithm that makes this indicator unique as it gives an accurate representation of the forces pulling the market up and down. When forces oppose each other, meaning when the direction of price does not agree with the direction of the Supply or Demand it creates a divergence and an opportunity in the markets. These situations are called BUY / SELL Imbalances. Explanation about this below.
* WHAT THE SCRIPT DOES *
The XPrecisionSwing indicator draws swing waves lines going up and down. These waves lines are representative of Supply and Demand. Waves going up are Demand, while waves going down are Supply. The strength of the Supply / Demand corresponds to the number drawn either on top of the wave line or below it. The numbers drawn on the chart are powered by the *MBox Precision Supply / Demand* algorithm, which are representative of the Forces of Supply / Demand in the markets. This is not just volume added up like in a regular zig zag indicator, since volume alone does not show Supply / Demand, and regular volume will not show BUY / SELL Imbalances as depicted by XPrecisionSwing. Volume summated will not show both positive and negative numbers on the chart. Having Supply / Demand split into both positive and negative numbers allows us to see BUY / SELL Imbalances, which can be a very powerful divergence. Information on how these numbers are computed are in the "HOW IT WORKS" section.
The numbers drawn on the chart can be either negative or positive. Positive relates to Demand, while negative relates to Supply. In this manner the strength of Supply and Demand can be gauged in each wave. If the price goes up but the number is negative (More Supply) it is a divergence and called a SELL Imbalance. This means there was more Supply even though price went up. It is important to pay attention to these scenarios, as often it can be indicative of NO DEMAND. Conversely. if the price goes down but the number is positive (No Demand) it is a divergence and is called a BUY Imbalance. This means there was more Demand even though price went down. This is indicative of NO SUPPLY. As such, it now becomes possible to know when there is a sign of Supply, Demand, No Supply, No Demand, Supply Exhaustion, and Demand exhaustion. Supply occurs when the negative numbers on the charts begin to increase (more negatively). Demand occurs when the positive numbers on the chart begin to increase (more positively). A Supply Exhaustion pattern happens when the price is starting to move down more slowly, while Supply is decreasing, and Demand is increasing. This means that the behavior of the market is changing and also a signal to look to reverse positions. A Demand Exhaustion pattern happens when the price is starting to move up more slowly, while Demand is decreasing, and Supply is increasing. The behavior of the market here is also changing.
* HOW IT WORKS *
- Technical Details for the Numbers on the Swing -
The numbers on the chart represent Supply / Demand. Supply or Demand is determined by analyzing the movement of price and quantity of volume.
When price goes up and is combined with an increase in volume it is Expansion of Demand.
(Positive Numbers get larger)
However if price goes up and is combined with a decrease in volume it is Contraction of Demand.
(Positive Numbers get smaller)
When price goes down and is combined with an increase in volume it is Expansion of Supply.
(Negative Numbers get larger)
However if price goes down and is combined with a decrease in volume it is Contraction of Supply.
(Negative Numbers get smaller)
- Technical Details for the Swing -
The way XPrecisionSwing draws the swings is fractal in nature, which make it very convenient and easier to use over the traditional zig zag indicator. The traditional zig zag indicator uses a tick reversal which needs to be adjusted every time you change time frames. However, with XPrecisionSwing you do not have to change any settings every time you load a different time frame since it will adjust to any time frame you are loading. How the swing is drawn is explained below.
XPrecisionSwing uses 3 bars (by default) to define a swing
This parameter can be adjusted. Can be 1, 2, 4 bars, etc...
Swings are always drawn using High / Low of the bar
- Rules -
To start upswing, bar high needs to be higher than previous 3 candle highs
To start downswing, bar low needs to be lower than previous 3 candle lows
If in upswing, a higher high will continue the upswing
if in downswing, a lower low will continue the downswing
- Exceptions -
If outside bar (both high and low exceeds previous 3 bars) swing will continue in current direction
- Swing Confirmation -
Swing wave line in progress (unconfirmed) is denoted by a brown box around the swing number
Once the brown box disappears, that swing wave and number is confirmed
* HOW TO USE IT *
As the numbers on the down waves increase (negatively), this shows that the bears have taken control of the markets. Conversely, as the numbers on the up waves increase (positively), this shows the bulls have taken control of the markets. Whoever is in control is the direction you generally want to place your trades in. When you see an increase in Supply (numbers on down wave) accompanied with a decrease in Demand (numbers on up wave) this shows a Supply + Demand Exhaustion Pattern. This is stronger than if you only see an increase in Supply without a decrease in Demand.
- The Buy / Sell Imbalances -
If you see a positive blue number on the bottom of a DOWN Wave, this means that there was more buying than selling even though price moved down.
If you see a negative red number on the top of an UP Wave, this means that there was more selling than buying even though price moved up.
Both of these cases signify and imbalance and a divergence.
* EXAMPLE AND USE CASES *
- Sell Imbalance Example -
If you see a large negative number with a lower low on a down wave, and then the next up wave is a lower high also with a negative number it shows that there is only Supply flooding the market and no sign of Demand. This is a very powerful combo.
- Buy Imbalance Example -
If you see a large positive number with a higher high on an up wave, and then the next down wave is a higher low also with a positive number it shows that there is only Demand flooding the market and no sign of Supply. This is a very powerful combo.
- Supply Exhaustion example -
If you see price movement struggling to make newer lows and the Supply numbers on the down waves are decreasing, while the Demand numbers on the up waves are increasing this is indicative of a *Change of Behavior*, and that the market is showing signs of reversal.
- Break out on Demand example -
If you see price has been ranging and now the numbers on the UP waves begin to increase while breaking out of a previous area of resistance, it is a good sign that the movement is backed by the strength coming from the Demand.
* BUY / SELL IMBALANCE ALERTS *
The Green / Red crosses on the chart show exactly where the Buy / Sell Imbalance Alerts trigger.
These will NEVER repaint! The crosses can be hidden in Styles if you wish to.
Alerts can be set very easily with the instructions below.
1. Right Click Chart -> Add Alert...
(Ignore Caution Warning. These alerts will *ONLY* trigger on Confirmed BUY / SELL Imbalances and will NOT repaint)
2. Select Condition to be "XPrecisionSwing"
3. Select "Buy Imbalance" or "Sell Imbalance"
4. Select "Greater Than" with Value = 0
5. Options set "Once Per Bar"
6. Customize Any other Alert Options you want
* WHAT MAKES IT ORIGINAL *
XPrecisionSwing gives an inside look into the markets by showing price movements as a series of waves going up and down with their corresponding Supply / Demand numbers associated with each wave. Reading the numbers shows the strength of Supply / Demand. The bigger the number the stronger the Supply / Demand is. The smaller the number the weaker the Supply / Demand is. It becomes possible to see where Supply / Demand comes in, along with Exhaustion of Supply / Demand to spot opportunities to place trades. The Buy / Sell Imbalances show imbalances where price movement and the direction of the Supply / Demand diverge to create potential opportunities as well.
* AUTHOR *
This script is published by MBoxWave LLC
Strong Demands & Supplies + Liquidity | Zonas de Compra e VendaThis indicator is inspired on the Smart Money Concepts indicator (Credits to @LuxAlgo) and it was optimized to show only the most relevant demand and supply zones (premium) on every time frame - but on higher time frames (1H and above) the zones are more relevant and stronger, meaning these zones can handle the price for longer time.
I've added a new feature that includes the Liquidity lines in order to add more confluence and importance to a demand or supply zone: when a demand or supply zone has strong liquidity (like weekly or monthly) next to it means that zone can be a strongest price target.
- Blue Line: Daily liquidity
- Yellow Line: Weekly Liquidity
- Purple Line: Monthly Liquidity
Main Features:
- Displays the most relevant demand and supply zones (green and red boxes) and which ones are strong and weak
- Displays the relevant change of character and break of structure
- Displays the previous day highest price and previous day lowest price
- Display imbalances between sell and buy orders (purple boxes)
- Displays the liquidity areas with lines on each point.
- It works for Forex and Cryptocurrency as well.
Portuguese:
Este indicador é inspirado no Smart Money Concepts (Créditos para @LuxAlgo) e foi otimizado para mostrar apenas as zonas de procura e oferta mais relevantes em cada time frame - mas em time frames maiores as zonas são mais relevantes e mais fortes.
Adicionei uma nova funcionalidade que inclui as linhas de Liquidez de forma a adicionar mais confluência e importância a uma zona de procura ou oferta: quando uma zona de procura ou oferta tem forte liquidez (como semanal/linha amarela ou mensal/linha roxa) junto a ela significa que aquela zona pode ser um alvo de preço mais forte.
- Linha Azul: Liquidez diária
- Linha Amarela: Liquidez Semanal
- Linha Roxa: Liquidez Mensal
Principais características:
- Exibe as zonas de procura e oferta mais relevantes (zonas a verde e zonas a vermelho) e quais delas são fortes e fracas
- Exibe a mudança relevante de caráter e quebra de estrutura
- Exibe o preço mais alto do dia anterior e o preço mais baixo do dia anterior
- Exibe as imbalances entre as ordens de venda e compra (zonas a roxo)
- Exibe as zonas de maior liquidez através de linhas no gráfico
- Funciona tanto para Forex como para Criptomoedas
Liquidity Hunter - FattyTradesThis indicator is used to automatically identify and plot two forms of liquidity that will be targeted by market makers.
The first form of liquidity is based on multi-time fame highs and lows. It plots 1H, 4H, D, W, & M liquidity on an intraday chart to make it easier to identify. I believe hat liquidity is what drives the market and the most common form of this liquidity can be identified through higher time frame highs and lows. You can use whatever method you prefer to determine which liquidity pool will be targeted. When the liquidity is purged, it will be shown as dotted lines. This should not be used as traditional support/resistance, but rather as targets for the market.
The second form of liquidity is in the form of imbalances or fair value gaps. You can select a higher time frame to be plotted along with the current time frame you're viewing to identify imbalances that will likely be targeted intraday. We know that higher time frame fair value gaps work equally well as targets for market makers. When a higher time frame FVG is broken into, it can also act as a very powerful form of support and resistance. By default, when a fair value gap has been mitigated it will be removed from the chart, however this can be disabled.
Between these two forms of market maker liquidity targets on the chart, it will be easier to formulate a thesis intraday to determine where the market will move. It can help minimize the amount of switching between higher time frames that needs to be done, allowing you to identify targets while trading on your favorite intraday time frame for optimal risk/reward.
In the near future, I will build in alerting mechanism to alert when liquidity on higher time frames as been purged/mitigated.
ASE Supply & Demand█ Introduction
ASE Supply & Demand is a multi-timeframe Supply and Demand zone indicator based on the Order Block concept. Order Blocks are a price action concept defined as a basing candle followed by a breakout candle (as seen in the chart below). A basing candle typically shows a slowing down in price action, foreshadowing a reversal and initial institutional activity. The breakout candle then confirms institutional activity with a displacement candle in the opposite direction of the basing candle. Additionally, there is an advanced feature called “Potentials,” which allows us to see price action forming S&D zones beforehand & trapped positions live through the same Order Block concept.
█ Supply and Demand Zones
The Supply & Demand zones are plotted on 8 timeframes (5m, 15m, 30m, 1hr, 2hr, 3hr, 4hr, D). In addition, there are custom settings that allow the trader to filter for the most significant zones and to cohere to their trading style:
Range Multiplier
Filters the creation of a zone based on the basing candle of Supply/Demand(0-5)
The size of the basing candle must be smaller than 0-5 times the True Range Index to create Supply/Demand.
If the basing candle range is smaller than the True Range Index, this can foreshadow the potential of institutional activity as price slows down, and a potential reversal might occur.
True Range Index
The number of bars to calculate the True Range in Range S+D mode.
Displacement Sensitivity
Filters the creation of a zone based on the displacement from the base (0-20)
Calculated by taking the breakout range (as seen in the chart below) divided by the range of the basing candle
0 = less significant, more zones
20 = more significant, fewer zones
Zone Strength Filter %
Filter out current zones based on how strong they are (0-100)
Calculated by the amount of fill within a zone. By changing the Zone Strength Filter, you can display zones that have not breached the filter % you select. For example, if you choose 80% Zone Strength, that means it will only show zones that are 20% filled or less; in other words, zones that have 80% or more yet to be filled.
0 = All Zones
100 = Completely unused zones
With these advanced filters and plotting on multiple timeframes, we have created the best Supply and Demand Indicator . In addition, these filters help to eliminate insignificant zones and noise in the market, leaving us a clean chart.
█ Potentials
Potentials foreshadow the possibility of a Supply or Demand Zone forming, the possibility of a Trapped concept, and it works great as targets or influence in our trades.
Potentials are calculated by the same Order Block concept, which allows us to see Supply & Demand/Order Blocks forming in real-time.
When a potential is triggered and holds, the line turns solid. If it continues to hold, it has the potential of forming a Supply/Demand zone based on the trader's Zone Filters. If the price pulls back and fails to hold, it will go back to dotted. Inferring it used the potential as liquidity and is potentially trapping market participants at that potential.
█ How To Use:
Supply and Demand Zones are the ‘Where’ to our trade but not the ‘Why.’ This means that the zones are our POI (Point of Interest) and ‘Where’ we want to be looking for a trade. It is not our ‘Why’ because we do not enter just because we are in a zone. This is because we expect pivots or reversals inside our Supply & Demand zones, and this rarely happens quickly.
What we want to look for in our zones is a solid base for our reversals. Simply put, we want to see new demand forming at our Demand Zones and new supply forming at our Supply Zones. This can be achieved by observing the ‘Potentials’ feature which allows us to see new Order Blocks or ‘Base Candles’ forming. With a trained eye, the ‘Potentials’ feature is highly effective in addition to its ‘Trapped’ logic which can offer entries on their own. The "Trapped" label on potentials shows potential trapped buyers or sellers after we reach that level. Observing and understanding how price action facilitates, especially around the zones, is crucial to its usability. In addition, other strategies or indicators can be used in confluence to support bounces out of demand and rejections out of supply.
Ultimately once we find a viable entry, we want to see a complete cycle. For example, if we caught a bounce out of demand with new demand forming, we would want to see the cycle complete and us reach the next supply or manufacture new supply. The ‘Potentials’ feature is the easiest way to gather multiple targets and at the same time offers stop loss management.
█ Settings:
Enable Supply/Demand/ Zones and Potential Liquidity
STF S&D Zones - Enables 5 minute and 15 minute timeframe for zones
LTF S&D Zones - Enables 30 minute and 1 hour timeframe for zones
HTF S&D Zones - Enables 2 hour, 3 hour, and 4 hour timeframe for zones
Daily S&D Zones - Enables Daily timeframe for zones
Enable Potentials
Supply Demand Zone Models
Range - Filters zones based on the range of candles before supply/demand
Displacement - Filters zones based on the displacement of the breakout candle
Range + Displacement - Filters zones based on the displacement of breakout candle and range of the candles before supply/demand
Supply Demand Zone Filters (see “Supply and Demand Zones” section for usage)
Range Multiplier
True Range Index
Displacement Sensitivity
Zone Strength Filter %
Deletion Conditions
Confirmed - Deletes zone upon time-frame close above supply or below demand
On Break - Deletes zone upon break above the top of supply or break below bottom of demand
On Tap - Deletes zone upon the touch of supply or demand
Other Settings
Price Labels - Turns on Zone Price Levels
Supply/Demand Color Input - Customize color of zones to your liking
Supply Demand Border Width - Change the border width of zones (0 would be completely borderless zones)
Supply Demand Transparency - Change transparency of zones (0 is completely solid zones, 100 is completely transparent)
Transparency Input - "Normal" Transparency stays at the level that's set; "Decrease with price" as price moves through, the zones become more transparent
Default Color - Changes color of any text/labels (default is gray)
Text size - Change size of text on labels
Imbalance Detector [LuxAlgo]This indicator detects and highlights market imbalances alongside a dashboard returning information about their frequency of occurrence and their fill percentage. Imbalances included in this script are Fair Value Gaps (FVG), Opening Gaps (OG) and Volume Imbalances (VI).
Alerts are available for the occurrences of all market imbalances.
Settings
Imbalances
Each imbalance has the same settings layout:
Imbalance: Enable/disable the detection of the specific imbalance.
Min Width: If enabled, requires the imbalance area width to be greater than the specified value. This minimum width can be expressed in points, percentages or ATR multiples.
Extend: Extend imbalances by a specified number of bars.
Dashboard
Show Dashboard: Enable/disable the dashboard on the chart.
Dashboard Location: Location of the dashboard on the chart.
Dashboard Size: Size of the dashboard.
Usage
Market imbalances are part of the many concepts available to price action traders and highlight areas where there is a disparity between supply and demand.
It is common to see price come back to these areas and traders often use them as supports and resistances but also as targets.
Details
The script can detect three distinct types of imbalances described below.
Fair Value Gaps
Fair Value Gaps (FVG) are three candle formations characterized by a gap between the wicks of the non-adjacent candles in the formation.
A bullish FVG is characterized by a gap between the current price low and the 2 bars anterior price high, and a bearish FVG is characterized by a gap between the current price high and the 2 bars anterior price low.
Opening Gaps
Opening Gaps (OG) are imbalances characterized by non-existent activity within a specific price range.
A bullish OG occurs when the current price low is greater than the previous high, a bearish OG occurs when price high is lower than the previous price low.
Opening Gaps primarily occur in closing markets, as such they are less common in the cryptocurrency market.
Most of the time an Opening Gap will also be accompanied by a Fair Value Gap, in order to avoid clutter the indicator will not detect Fair Value Gaps if Opening Gaps are enabled and if an Opening Gap has been detected
Volume Imbalances
Volume Imbalances (VI) are characterized by a price discontinuity between the opening price and previous close, but unlike Opening Gaps we do not see nonexistent activity within a certain price range.
A bullish VI occur when both the opening and closing prices are superior to the previous closing price, with the current price low overlapping the previous price high. A bearish VI occur when both the opening and closing prices are inferior to the previous closing price, with the current price high overlapping the previous price low.
Because Volume Imbalances can occur excessively on markets with frequent gaps, we make use of an additional condition for filtering out less significant imbalances. Bullish VI's will require the previous price high to be lower than the opening price, while bullish VI's will require the previous price low to be higher than the opening price.
Bodies X Wix Version of Smart Money Tools by makuchaku & eFeThis is the same Script as Super Fair Value Gaps / FVG /BoS / by makuchaku & eFe. Mine Should Default to Large Text instead of small. The Super Order Blocks I believe was meant to for you to find one of the many Smart Money tools such as turn on the Fair Value gap but leave the others off, or Turn on where the Break of Structure and leave the others off. The reason I believe this is because the default values for each of the structures were default colored (green for positive and red for negative) for all.
Mine has a different Color for every possible structure. As long as you can read with the larger text that I added, then you can create your own boxes positive for break of structure, rejection block, order blocks and fair value gaps for any time frame. The reason I did that is because There's only certain things I believe I will need to mark for myself in each time frame, and then from there You can stretch iyour own box out further in time because if price touches a fair value gap for example, the fair value gap should conyinue in time until at least 2 candles have filed the Fair valu gap going both directions. That's truly when the fair value gap should is mitigated and will from off the chart. However, If I knew How to add the code for that, I would.
Additionally, I have the Max Boxes per chart, so you should have the ability to see every OB, FVG,RJB, & BoS on the chart
I tried my hardest to create a colored border that was different from the box. But the way the original was coded was almost impossible to do. Because they defined each of the structures (FVG, OB, BoS, RJB) outer levels, when the outer levels connect via math in the code, then it joins all the outside lines for a rectangle. When creating a box, the coloe will always be the same as the border unfortunately. (Unless I replan this from the beginning)
I also Changed the default labels for reach structure from a hard to read gray to a white that pops out.
Also, chart indicators are a little large as well. Such as the cross, sideways cross, The green Triangle, and the white Diamond. You'll get used to it or you can change it as well.
Creating videos for students, you need something they can see.
So, I just wanted to ensure everything was a little more unique and easily usable when showing this to my students when I send them private videos for our weekly lessons. I'm trying to learn how to use the IPFS for THAT, (which i see has invaded PineScript) Hope this indicator helps.
If you're to borrow this, Just make sure you keep the authors in the name makuchaku & efe
Easy FootprintThis script represents a simple footprint system which can currently be applied on time based candles only.
Options:
Display Bid/Ask volumes at price
Display horizontal delta at price
Highlight Buuying/Selling/Both imbalances at price (default, green, red or orange(both) background color)
Highlight the POC of the current candle (yellow cell border)
Display the current candle
Parameters:
Imbalance threshold: Minimal proportion to highlight cells in case of buying/selling imbalances (2=200% , 3=300%, etc...)
Text size: Just a display option to select the size of the text in cells
Price truncation factor: Allows the user to configure the size of each cell (default factor 0 is 1pts, factor 1 is 0.1 pts, factor 2 is 0.01 pts, factor -1 is 10 pts, etc...)
Volume decimals: Select the precision you want to see in volume information
Enable display of bid/ask volume at price
Enable display of horizontal delta at price
Note :
Some cells might be missing within a candle when gaps appear
[VC] Cumulative Delta Histogram V1.0The V.C Cumulative Delta Histogram shows the market's ongoing Buying/Selling pressure. It helps to determine whether Supply or Demand is dominating and in control.
➤If the Cumulative Delta Increases, the buyers are in control.➚
➤If the Cumulative Delta Decreases, the sellers are in control.➘
The use cases for this Indicator are vast and correlated with our other Delta Indicators. The following examples will explain how to use this Indicator.
Example 1 EUR / USD
In the above example, Negative Cumulative Delta Decreased & Turned into Positive Cumulative Delta. That indicates that sellers are losing control & buyers are getting power.
As a confirmation on the ' 'Box Chart Histogram'' it is evident that Demand is also increasing.
And on ''Wave Chart Index'' as a 3rd confirmation, you can see that the Delta has also increased compared to previous waves.
Example 2
Positive Delta on Cumulative Delta Histogram is decreasing & Negative Delta started increasing.
On the Box Chart Histogram , Demand is decreasing & Supply is increasing.
Additionally, on the Wave Chart Index , the Delta of the wave is also decreasing.
(in short, besides ''Cumulative Delta Histogram," Box chart Histogram & Wave Chart Index is also adding additional confirmation)
Note: Two types of Delta sources are included in this Cumulative Delta Indicator.
Type A: Simple Delta
Type B: Delta %
Simple Delta is the difference between Net Buying - Selling pressure.
Delta % also works in the same calculation, but a Volume weighted algorithm is applied on it.
You may use any of them that suits your analysis.
VC Cumulative Delta Histogram Settings & Inputs
Source:
Allows you to choose the source, Between Simple Delta & Delta %.
Cumulative Length:
Allows you to Change the cumulative length.
Positive & Negative Color:
It allows you to change the colors.
Style Menue
Allows you to change the style & color of the histogram.
Disclaimer Note:
V.C Cumulative Delta Histogram It is purely Volume , Delta, Demand & Supply imbalance and comparative analysis-based tool. Before applying this Indicator to your study, you should know about Volume , Delta & Spread, Demand & Supply, and Aggressive & Passive behaviour of buyers/sellers.
Some basic understanding of Sir Richerd Wyckoff's Theory can also be helpful.
PT FVG ImbalancesVersion 1.0 of the PT FVG Gaps & Flat Opens was developed to visually identify any imbalances in price. This indicator can be used on all timeframes.
Fair Value Gaps are a key component when trading price action. They are derived from zones in liquidity where price moved quickly in a certain direction leaving gaps behind. These areas tend to act as magnets to price throughout the trading session of that timeframe.
PT FVG Features:
-Gaps that have been partially filled will shade darker to show price has already attempted to fill that gap before (Toggle Highlight Gap Fill).
-Gaps that have been partially filled will remove a portion of the background zone to indicate how much gap is left to fill in the full zone (Toggle Highlight Remaining Gap).
Flat Open Candles are derived from candles that open without a wick (wickless candles). Price more often than not tends to gravitate towards these areas in the near future to fill the wickless candle before continuing on with the trend. Can be used on all timeframes, but the higher the timeframe holds more weight.
PT Flat Open Features:
-Flat open sensitivity would recommend keeping it around 30-50. If scalping keep it sub 30. This feature determines how many flat opens you want on your chat at one time.
-Delete flat open line allows us to delete the line once price has filled the wickless candle.
Video with strategy will be uploaded shortly! It is included as part of the library. Just message us for access!
Imbalance Finder By DrewThis indicator is created to find the imbalances when a market exchange receives too many of one kind of order—buy, sell, limit—and not enough of the order's counterpoint. If you know how to trade the imbalances, this indicator can help you by find imbalances automatically.
Fair Value Gap█ OVERVIEW
This indicator displays the Fair Value Gap of the current timeframe and an additional higher timeframe. For each FVG the gaps act as targets creating bullish and bearish gaps that are often filled.
█ FEATURES
MTF Options
MidPoint FIll
Delete Old On Fill
Label FVG Timeframe
MTF Options
Enabling the MTF Options will allow the user to use the "MTF Timeframe" setting to choose what HTF Fair Value Gap to display
MidPoint FIll
A line plot at the Half way point will be included in the Fair Value Gap, this will be used to delete the gap when reached instead of a full fill.
Delete Old On Fill
Deletes historical Fair Value Gaps when filled.
Label FVG Timeframe
Labels Every Fair Value gap with there relevant timeframe to make it easier to determine which gap is being filled.
█ HOW TO USE IT
The indicator is quite straight forward in its application, providing users with targets that are often filled as they are seen as market imbalance.
Just applying it to your chart will provide the existing Fair Value Gaps. MTF Confluence is helpful in seeing what is happening on the macro perspective.
█ SUGGESTION
My suggestion for clarity is to use a different color to some degree between the MTF and Current TF as Opposed to text, keeps the chart clear.
█ LIMITATIONS OF PINE (Please read)
I see many users going on different indicators with MTF in mind and trying to use it for LTF data e.g. 1hour chart, and selecting 5min in chart settings.
This is not recommended by the team themselves and should be noted for use always use HTF: www.tradingview.com
To understand how to use fair value gaps I recommend learning about the subject some more, searching online will provide you resources. The internet is your friend when learning. All the best.
FVG (Nephew_Sam_)Plots fair value gaps or imbalances on the chart.
Imbalances are a skip in liquidity, zones where prices move quickly away from, which causes orders to not be fully filled in there. Think of it as weekend gaps, but during trading hours.
Settings:
1. Line Length - length of plotted lines
2. Delete Lines - Delete lines after FVG is filled
3. Fill Option - is fill candle close above/below fvg or if candle wick touches end of fvg.
4. Color - change color of FVG bull and bear lines
