Get started

Indices

ICT Fractal SMT Divergence Engine [v6] ENGLISH 🔥 ICT Fractal SMT Divergence & Auto-Triad Engine is a professional, high-precision TradingView indicator designed for Smart Money Concepts (SMC) and Inner Circle Trader (ICT) methodology. 🎯 PURPOSE & CONCEPT In institutional trading, SMT (Smart Money Technique) Divergence measures inter-market relative strength across correlated asset groups (Triads). When one asset in a triad sweeps liquidity by creating a new extreme ( Lower Low or Higher High ), while a correlated asset fails to sweep that extreme ( Higher Low or Lower High ), it reveals institutional accumulation/distribution and an imminent high-probability market reversal. This indicator calculates SMT divergences strictly between confirmed Bill Williams / ICT Fractals , ensuring pixel-perfect visual precision on the chart with zero Y-axis displacement. 🧠 SMART AUTO-DETECT TRIAD ENGINE The indicator automatically recognizes your current chart ticker and instantly pairs it with its exact correlated triad assets: Crypto : Opening BTCUSDT.P, ETHUSDT.P, or any Altcoin automatically pairs BTCUSDT.P, ETHUSDT.P, and CRYPTOCAP:TOTAL3. Forex : Opening EURUSD or GBPUSD automatically pairs the counterpart FX pair and DXY (with automatic inverse Dollar Index correlation). Precious Metals : Opening XAUUSD (Gold) pairs XAGUSD (Silver) and PLATINUM. Opening XAGUSD pairs XAUUSD and PLATINUM. US Stock Indices : Automatically correlates ES1! (S&P 500), NQ1! (Nasdaq), and YM1! (Dow Jones). 📖 HOW TO TRADE / USAGE RULES Bullish SMT Setup (Long Bias) : - Main asset breaks prior Fractal Low (Lower Low / Liquidity Sweep). - Correlated triad asset holds its low (Higher Low). - Execution: Look for bullish Market Structure Shift (MSS) or Fair Value Gap (FVG) entry. Bearish SMT Setup (Short Bias) : - Main asset breaks prior Fractal High (Higher High / Liquidity Sweep). - Correlated triad asset holds its high (Lower High). - Execution: Look for bearish Market Structure Shift (MSS) or Fair Value Gap (FVG) entry. ⚙️ COMPREHENSIVE SETTINGS & INPUTS EXPLANATION Triad Preset Mode : Select between Auto Detect (Smart Triad), specific market presets, or Custom / Manual Tickers. Asset 2 / Asset 3 Ticker (Custom) : Manual input for custom correlated assets when in Custom Mode. Invert Asset 2 / Invert Asset 3 : Toggle for inversely correlated symbols (e.g., DXY vs EURUSD). Fractal Length (Left/Right Bars) : Defines the fractal shoulder size (Default: 2 = classic 5-candle ICT Fractal). Comparison Mode : Choose between Regular (High/Low wicks) or Hidden SMT (Close body prices). Min / Max Distance (Bars) : Controls minimum and maximum bar separation between compared fractals. Compare with Asset 2 / Compare with Asset 3 : Toggle individual asset divergence verification. Visual Styling & HUD Dashboard : Customize colors, line thickness, label sizes, background glow, and dashboard HUD position. Disclaimer: Trading financial markets involves substantial risk of loss. This indicator is designed for educational and analytical purposes to support SMC/ICT trading methodologies. ================================================================================ РУССКАЯ ВЕРСИЯ 🔥 ICT Fractal SMT Divergence & Auto-Triad Engine — это профессиональный высокоточный индикатор для трейдеров, торгующих по концепциям Smart Money Concepts (SMC / ICT) . 🎯 ПРЕДНАЗНАЧЕНИЕ И КОНЦЕПЦИЯ В институциональном трейдинге SMT (Smart Money Technique) Дивергенция измеряет относительную силу между коррелирующими группами активов (Триадами). Когда один актив из триады обновляет ключевой ценовой уровень ( Lower Low или Higher High ), совершая снятие ликвидности (Liquidity Sweep) , а второй актив из триады отказывается обновлять свой экстремум (формируя Higher Low или Lower High ), это открывает институциональный след крупного игрока и указывает на скорый разворот рынка. Индикатор строит дивергенции строго между подтвержденными фракталами Билла Вильямса / ICT , обеспечивая идеальную визуальную точность на графике без смещения меток по ценовой оси. 🧠 УМНЫЙ АВТО-ДЕТЕКТОР ТРИАД (SMART AUTO-DETECT) Индикатор автоматически определяет открытый актив и мгновенно связывает его с правильной триадой: Криптовалюта : При открытии BTCUSDT.P, ETHUSDT.P или любого альткоина автоматически подтягиваются коррелирующие активы: BTCUSDT.P, ETHUSDT.P и CRYPTOCAP:TOTAL3. Валютные пары (Forex) : При открытии EURUSD или GBPUSD подтягивается парный валютный актив и DXY (с автоматической инверсией индекса доллара). Драгоценные металлы : При открытии XAUUSD (Золото) автоматически подтягивается XAGUSD (Серебро) и PLATINUM. При открытии XAGUSD — XAUUSD и PLATINUM. Фондовые индексы США : Автоматическое сравнение триады фьючерсов ES1! (S&P 500), NQ1! (Nasdaq) и YM1! (Dow Jones). 📖 РУКОВОДСТВО ПО ТОРГОВЛЕ И СИГНАЛЫ Bullish SMT (Бычий SMT / Покупки) : - Основной актив обновил предыдущий фрактальный лой (Lower Low / снял ликвидность). - Коррелирующий актив из триады удержал лой (Higher Low). - Вход в сделку: Ищите слом структуры (MSS / CHoCH) или имбаланс (FVG) на младшем таймфрейме для входа в лонг. Bearish SMT (Медвежий SMT / Продажи) : - Основной актив обновил предыдущий фрактальный хай (Higher High / снял ликвидность). - Коррелирующий актив из триады удержал хай (Lower High). - Вход в сделку: Ищите слом структуры (MSS / CHoCH) или имбаланс (FVG) на младшем таймфрейме для входа в шорт. ⚙️ ПОДРОБНЫЙ РАЗБОР ВСЕХ НАСТРОЕК Triad Preset Mode : Выбор между Auto Detect (умное авто-определение), готовыми пресетами рынков или режимом Custom (ручной ввод). Asset 2 / Asset 3 Ticker (Custom) : Поля для ручного ввода тикеров при включенном режиме Custom. Invert Asset 2 / Invert Asset 3 : Включение инверсии для обратно коррелирующих активов (например, DXY против EURUSD). Fractal Length (Left/Right Bars) : Размер плеча фрактала (по умолчанию 2 — классический 5-свечной фрактал ICT). Comparison Mode : Режим сравнения: Regular SMT (сравнение по фитилям High/Low) или Hidden SMT (по закрытию тел Close). Min / Max Distance (Bars) : Минимальное и максимальное расстояние в барах между сравниваемыми фракталами. Compare with Asset 2 / Compare with Asset 3 : Включение/выключение проверки дивергенции по отдельным активам. Visual Style & HUD Dashboard : Настройка цветов (Bull/Bear SMT), толщины линий, размера меток, подсветки фона и позиции таблицы на экране. Отказ от ответственности: Торговля на финансовых рынках несет высокий риск. Данный индикатор создан для аналитических целей и поддержки решений по SMC / ICT концепциям.
Indicator
by crypto_daytrade
Seasonality: Stock Indices [invincible3]Seasonality: Stock Indices Seasonality: Stock Indices is a clean dashboard-style indicator designed to display historical seasonal tendencies for major global stock indices directly on the TradingView price chart. The indicator includes six separate seasonal mini-charts: Australian ASX 200 — seasonal data from 2001 to 2020 FTSE 100 — seasonal data from 1985 to 2020 German DAX — seasonal data from 1999 to 2020 Nasdaq 100 — seasonal data from 1996 to 2020 S&P 500 — seasonal data from 1980 to 2020 Dow 30 — seasonal data from 1980 to 2020 Each panel displays a full 365-day seasonal curve, allowing traders to study how each index has historically performed throughout the calendar year. The indicator plots both the long-term All Years average and a Weighted Average curve, making it easier to compare broad historical behavior with a more weighted seasonal tendency. The dashboard is arranged in a compact multi-panel layout and is designed to stay visually separated from candles, so it does not disturb the main price chart. Users can adjust the widget width, distance from candles, panel height, row spacing, column gap, and dashboard placement on either the right or left side of price. Automatic dark/light theme detection is included, helping the dashboard remain readable across different TradingView chart themes. Manual customization is also available for the grid color, background, text color, All Years line, Weighted Average line, and line width. This indicator is useful for index traders, swing traders, macro analysts, seasonal researchers, and market-timing studies. It helps users compare current index behavior with long-term historical seasonal patterns across major U.S., European, Australian, and technology-focused equity benchmarks. Key Features: Seasonal dashboard for major global stock indices Includes ASX 200, FTSE 100, DAX, Nasdaq 100, S&P 500, and Dow 30 Full 365-day seasonal curves All Years average line Weighted Average line Adjustable dashboard size and placement Designed to stay away from candles Auto dark/light theme support Manual color customization Election seasonality is intentionally excluded Built for visual seasonal analysis The seasonal values are approximate and digitized from historical seasonal data screenshots. This indicator is intended for educational and analytical purposes only. It does not provide financial advice, investment recommendations, or direct buy/sell signals. Historical seasonal tendencies do not guarantee future market performance.
Indicator
by invincible3
Pivot Breakout High&Low Signals [JPT]🔷 OVERVIEW Pivot Breakout High&Low Signals is a non-repainting price action indicator that automatically identifies Pivot High and Pivot Low breakout opportunities using a Breakout → Retest → Confirmation methodology. Instead of generating signals immediately after price breaks a pivot level, the indicator waits for price to successfully retest the broken support or resistance before displaying a BUY or SELL signal. This approach helps reduce false breakouts and provides higher-quality trading opportunities. The indicator continuously updates dynamic Pivot High resistance and Pivot Low support levels, making it easier to visualize market structure and identify potential breakout zones. -------------------------------------------------- 🔷 HOW IT WORKS The indicator continuously scans completed candles for confirmed Pivot Highs and Pivot Lows. When breakout conditions are satisfied, it: • Detects a confirmed Pivot High or Pivot Low • Monitors for a breakout above resistance or below support • Waits for price to retest the breakout level • Confirms buyer or seller rejection • Displays a BUY or SELL signal • Updates Pivot Support and Resistance levels automatically • Optionally filters signals using the EMA trend direction Only confirmed breakout and retest setups generate trading signals. -------------------------------------------------- 🔷 CHART SETUP ① – BULLISH PIVOT BREAKOUT 📈 Pivot High → Breakout → LONG → SINGAL • Price forms a confirmed Pivot High. • Buyers break above the Pivot High resistance. • Price retraces to retest the breakout level. • The previous resistance becomes new support. • Buyers defend the support. • The indicator plots a BUY signal after confirmation. This setup helps traders avoid chasing breakouts and instead enter after confirmation. -------------------------------------------------- 🔷 CHART SETUP ② – BEARISH PIVOT BREAKDOWN 📉 Pivot Low → Breakdown → SHORT → SINGAL • Price forms a confirmed Pivot Low. • Sellers break below the Pivot Low support. • Price pulls back to retest the broken support. • The previous support becomes new resistance. • Sellers reject the retest. • The indicator plots a SELL signal after confirmation. This confirmation helps reduce false breakdown entries during sideways markets. -------------------------------------------------- 🔷 CHART SETUP ③ – DYNAMIC PIVOT STRUCTURE Throughout every trend, the indicator continuously updates: • Pivot Higher Resistance • Pivot Lower Support These dynamic levels help traders: • Identify trend direction • Monitor breakout zones • Observe changing market structure • Anticipate future breakout opportunities The Pivot lines automatically adjust as new confirmed swing highs and lows are formed. -------------------------------------------------- 🔷 VISUAL FEATURES • Automatic BUY & SELL Signals • Dynamic Pivot High Resistance • Dynamic Pivot Low Support • Breakout Confirmation • Retest Confirmation • Optional EMA Trend Filter • Historical Signal Display • Background Signal Highlight • Clean & Lightweight Chart Layout • Non-Repainting Pivot Logic -------------------------------------------------- 🔷 INPUTS The indicator includes options to customize: • Pivot Length • Retest Tolerance (%) • EMA Length • Enable / Disable EMA Trend Filter • Signal Colors • Historical Signal Display -------------------------------------------------- 🔷 USAGE A common workflow is: • Wait for a confirmed BUY or SELL signal. • Confirm that price has completed the breakout and retest. • Use the Pivot Support or Resistance level as your trade reference. • Manage your trade using your own stop-loss and take-profit strategy. • Combine signals with higher-timeframe trend analysis, support/resistance, or volume for additional confirmation. -------------------------------------------------- 🔷 BEST MARKETS The indicator can be applied to: • Forex • Gold (XAUUSD) • Silver (XAGUSD) • Crude Oil • Cryptocurrency • Stocks • Indices • Commodities -------------------------------------------------- 🔷 RECOMMENDED TIMEFRAMES The indicator works across all timeframes. Recommended: • 15 Minutes • 30 Minutes • 1 Hour • 2 Hours • 4 Hours • Daily Higher timeframes generally produce stronger breakout confirmations and more reliable retest signals. ------------------------------------------------------- 🔷 DISCLAIMER This indicator is designed as a technical analysis tool and does not predict future price movements. BUY and SELL signals are generated according to the programmed Pivot Breakout and Retest logic and should be used alongside additional market analysis, sound risk management, and appropriate trade planning. No indicator guarantees profitable trading results. Developed by Jos-ProTrader (JPT)
Indicator
by Jos-ProTrader
1
Auto Candlestick Patterns Targets Setup🔷 OVERVIEW Auto Candlestick Pattern Targets automatically identifies supported candlestick reversal patterns and displays a complete trade setup directly on the chart. When a qualifying pattern is detected, the indicator plots an Entry level, Stop Loss, and up to three Take Profit levels based on its internal calculation logic. The objective is to reduce the amount of manual chart work by presenting trade levels in a consistent visual format. 🔷 HOW IT WORKS The indicator continuously evaluates completed candles for supported bullish and bearish candlestick formations. When the pattern conditions are satisfied, it: • Displays a Buy or Sell label • Calculates an Entry level • Places a Stop Loss based on the detected pattern • Projects three Take Profit targets Each setup remains visible on the chart, allowing users to review historical signals and monitor active trades. 🔷 VISUAL FEATURES • Automatic Buy and Sell labels • Entry level • Stop Loss level • Three Take Profit targets • Risk and reward visualization • Historical signal display • Configurable colors and styles 🔷 INPUTS The indicator includes options to customize: • Signal sensitivity • Display of Entry, Stop Loss, and Targets • Label visibility • Colors • Historical setup display 🔷 USAGE A common workflow is: Wait for a Buy or Sell signal. Allow the signal candle to close. Review the plotted Entry, Stop Loss, and Take Profit levels. Combine the setup with your own market analysis before making trading decisions. 🔷 MARKETS The indicator can be applied to: • Forex • Stocks • Cryptocurrency • Indices • Commodities It is compatible with multiple timeframes, depending on the user's trading approach. 🔷 NOTES This indicator is intended as a chart analysis tool and does not predict future price movements. Trade setups are generated according to the indicator's programmed rules and should be evaluated alongside other forms of technical analysis and appropriate risk management.
Indicator
by Jos-ProTrader
2
Volume Financial ProVolume Financial Pro is a smart volume indicator built for traders who operate across multiple asset classes, including Forex, Crypto, Commodities, Indices, and Stocks. It combines a Proxy Volume Engine with a candle-based delta intensity system to deliver meaningful volume analysis even on platforms that do not provide real volume data. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ THE PROBLEM THIS INDICATOR SOLVES ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Most retail brokers and CFD platforms — particularly those offering Forex, metals, and index CFDs — do not provide real volume data. The standard volume indicator on these platforms either returns zero, returns meaningless tick counts, or simply shows nothing. This makes volume-based analysis impossible for a large portion of the trading community. Volume Financial Pro solves this with a built-in Proxy Volume Engine. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ HOW THE PROXY VOLUME ENGINE WORKS ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ The indicator automatically detects the current symbol and maps it to a liquid equivalent source that provides real, reliable volume data. For example: • XAUUSD → COMEX:GC1! (Gold Futures) • EURUSD → FX:EURUSD • BTCUSD → BINANCE:BTCUSDT • NDQUSD → OANDA:NAS100USD • AAPL → NASDAQ:AAPL Over 80 symbols are mapped across all major asset classes. If the platform provides native volume, it is used directly. If not, the proxy volume is fetched and applied transparently — no configuration needed from the user. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ DELTA-BASED COLOR SYSTEM ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Each volume bar is colored based on sell intensity, calculated from the relationship between the candle body size and its full high-low range. This approximates the proportion of buying versus selling pressure within each bar. • Bullish bars → cyan • Bearish bars with moderate selling → light red • Bearish bars with high selling intensity (above 60%) → dark red This gives traders an immediate visual read on conviction behind each move — not just whether price went up or down, but how aggressively it was bought or sold. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ EMA OVERLAY ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ An optional EMA (default: 9 periods) is plotted over the volume histogram to help identify trends in volume activity and spot anomalies such as volume spikes or dry-up zones that may precede price reversals. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ SETTINGS ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ • EMA Length — adjustable period for the volume EMA (default: 9). • Show EMA — toggle the EMA line on or off. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ COMPATIBLE WITH ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Forex majors, minors and exotics · Crypto (via Binance) · Gold, Silver, Platinum, Palladium · Oil and Natural Gas · Agricultural commodities · US Dollar Index · Major global indices: DOW, NASDAQ, S&P 500, Nikkei, DAX, FTSE, CAC, MIB, ASX, Hang Seng · Top US and European stocks. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ NOTES ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ This indicator is an original work. The Proxy Volume Engine, symbol mapping table, and delta intensity color logic were developed independently by the author and do not derive from any existing published script.
Indicator
by fabricionicolauxx
VWAP Daily Bands StandardVWAP Daily Bands is a volume-weighted average price indicator anchored to the daily session, enhanced with adaptive standard deviation bands designed to work accurately across all asset classes — including Forex, Crypto, Commodities, Indices, and Stocks. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ THE PROBLEM THIS INDICATOR SOLVES ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Most VWAP band implementations calculate standard deviation using only intraday price variance. This creates a well-known flaw: at the start of each session, when very few bars have been processed, the bands collapse to near zero and are practically useless. As the session progresses, the bands gradually widen — but asymmetrically, because early price swings distort the variance calculation. This indicator solves that with a fixed daily ATR seed. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ HOW THE ATR SEED WORKS ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Before the session opens, the indicator fetches the previous day's closing price and ATR from the daily timeframe. These two fixed values are used to calculate a minimum band width that holds constant throughout the entire trading day — it does not fluctuate with intraday price movement. The standard deviation used for the bands is then taken as the larger of two values: the real-time intraday price variance, or the fixed ATR-based seed variance. This means the bands are always at least as wide as the prior day's volatility warrants, while still expanding naturally when intraday price action is more volatile than usual. The result is symmetric, stable bands from the very first bar of the session. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ PROXY VOLUME ENGINE ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Many brokers and CFD platforms do not provide real volume data. Without volume, a VWAP calculation loses its core meaning. This indicator includes a built-in Proxy Volume Engine that automatically detects the current symbol and maps it to a liquid equivalent source with real volume data. For example, XAUUSD is mapped to COMEX:GC1!, EURUSD to FX:EURUSD, BTCUSD to BINANCE:BTCUSDT, and so on — covering over 80 symbols across all major asset classes. If the platform provides native volume, it is used directly. If not, the proxy volume is applied transparently with no action required from the user. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ WHAT IS PLOTTED ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ • VWAP (white) — daily anchor VWAP calculated from HLC3, reset at the start of each session, weighted by effective volume. • Upper bands (cyan) — 1σ, 2σ, and 3σ above the VWAP, indicating potential resistance or overbought zones. • Lower bands (red) — 1σ, 2σ, and 3σ below the VWAP, indicating potential support or oversold zones. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ SETTINGS ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ • Show Daily VWAP — toggle the VWAP line on or off. • Show Band 1σ / 2σ / 3σ — toggle each band pair individually. • Band Width Multiplier — scales all bands up or down proportionally (default 1.0). • Daily ATR Period — controls how many days are used to calculate the ATR seed (default 5). ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ COMPATIBLE WITH ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Forex majors, minors and exotics · Crypto (via Binance) · Gold, Silver, Platinum, Palladium · Oil and Natural Gas · Agricultural commodities · US Dollar Index · Major global indices: DOW, NASDAQ, S&P 500, Nikkei, DAX, FTSE, CAC, MIB, ASX, Hang Seng · Top US and European stocks. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ NOTES ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ The VWAP calculation uses Pine Script's native HLC3-based volume-weighted average price as its mathematical foundation. The ATR seed mechanism, Proxy Volume Engine, and adaptive band logic are original contributions developed specifically for this indicator to address real limitations found in standard VWAP band implementations.
Indicator
by fabricionicolauxx
RSI Confluence Matrix**RSI Confluence Matrix** A structured, multi-layer confirmation indicator designed to identify high-probability trade setups by combining momentum, exhaustion, and higher timeframe trend alignment. --- ### 🔍 Core Concept This tool is built around a simple idea: > **Trades are only valid when momentum shift aligns with broader trend direction.** Instead of relying on a single signal, the RSI Confluence Matrix stacks three independent conditions: --- ### ⚙️ How It Works **1. RSI Exhaustion (Setup Phase)** * Detects when RSI reaches extreme levels: * Below 30 (oversold) * Above 70 (overbought) * Requires this condition to occur **twice**, filtering out weak or premature signals. **2. Momentum Shift (Trigger Phase)** * Confirms direction using the RSI 50 level: * Cross above 50 → bullish shift * Cross below 50 → bearish shift **3. Multi-Timeframe Trend Alignment (Filter Phase)** * Tracks price position relative to the **EMA 200** across: * 4H, 2H, 1H, 45M, 30M, 15M * Each timeframe is classified as: * **Green** → price above EMA 200 * **Red** → price below EMA 200 A valid trade requires **at least 5 timeframes aligned** in the same direction. --- ### 🟢 Signal Conditions **BUY Setup** * RSI crosses below 30 twice * RSI crosses above 50 * At least 5 timeframes above EMA 200 (Green) **SELL Setup** * RSI crosses above 70 twice * RSI crosses below 50 * At least 5 timeframes below EMA 200 (Red) --- ### 📊 Table Overview The built-in matrix displays real-time trend alignment: * Each column represents a timeframe * Color-coded bias (Green / Red) * Final column shows dominant direction: * Majority Green → Bullish bias * Majority Red → Bearish bias * Equal → Neutral (No Trade) --- ### 🎯 How to Use * Focus only on signals that align with the matrix bias * Avoid trades when the table shows mixed or neutral conditions * Best used in conjunction with key levels (structure, pivots, liquidity zones) --- ### ⚠️ Notes * This indicator is designed to **filter noise and reduce low-quality trades**, not to increase trade frequency * Signals may be less frequent but are intended to offer stronger confirmation * This tool does not guarantee outcomes; proper risk management is essential --- ### 🤖 Development Note This indicator includes enhancements developed with the assistance of AI to improve structure, clarity, and efficiency of the underlying logic.
Indicator
by A3rl
Liquidity sweep divergence (SMT) This script implements a refined version of SMT (Smart Money Technique) divergence, focused specifically on liquidity sweeps between correlated assets rather than simple structural divergence. Use it on one market: FOREX: EURUSD + DXY (or GBPUSD + DXY) CRYPTO: BTC+ETH (BTC + TOTAL3, ETH + TOTAL3) INDICES: ES + NQ COMMODITIVES: XAU + XAG (GOLD+SILVER) Unlike traditional SMT indicators that rely on comparing consecutive swing highs/lows (HH/LL logic), this script detects true liquidity events, where one asset takes liquidity (sweeps a previous swing) while the other fails to do so. 🔍 Core Concept SMT divergence in this script is defined as: Bearish SMT The main chart sweeps a previous swing high (liquidity taken) The second asset fails to sweep its corresponding swing high Bullish SMT The main chart sweeps a previous swing low The second asset fails to do the same This reflects asymmetry in liquidity behavior, often interpreted as a sign of weakening trend continuation and potential reversal. ⚙️ How It Works The script uses: 1. Pivot-based swing detection Uses confirmed pivots (ta.pivothigh / ta.pivotlow) Eliminates noise and repaint issues from naive fractal logic 2. Cross-asset synchronization Swings between assets are matched using a configurable bar offset tolerance Ensures meaningful comparison between structurally aligned points 3. Liquidity sweep detection Detects when price: Breaks a previous swing level (high/low) Optionally closes back inside (ICT-style wick sweep) 4. Signal filtering To reduce false SMT signals, the script includes: ATR-based minimum move filter Optional wick confirmation (true liquidity grab) No multi-swing brute-force scanning (only relevant structure is used) 🎯 What Makes This Script Unique Focuses on liquidity sweeps, not just HH/LL divergence Avoids common SMT noise from weak structural comparisons Uses minimal and efficient logic (O(1)), no heavy loops Produces clean and trade-relevant signals, not visual clutter Designed with algorithmic trading compatibility in mind 📊 Visual Features Clean SMT labels (Bullish / Bearish) Optional connecting lines showing the sweep move Background highlighting for quick contextual awareness Transparent styling to avoid chart obstruction ⚙️ Inputs Second Asset – symbol used for SMT comparison Pivot Length – controls swing sensitivity Max Sync Offset – allowed mismatch between swing points (in bars) Wick Sweep Filter – require close back inside level (ICT-style) ATR Filter – minimum sweep strength Show Lines – toggle visual connections 🧠 How to Use This indicator is best used in: Reversal zones Liquidity pools (equal highs/lows, prior highs/lows) Session highs/lows (London / NY) Typical workflow: Identify SMT signal Wait for confirmation: Break of structure (BOS) Displacement move Execute entry in direction of SMT ⚠️ Notes Signals appear at the moment of liquidity sweep, not at pivot formation This script is non-repainting, as it uses confirmed pivots SMT is not a standalone strategy — use with market structure 🌍 Дополнительно (RU — для твоей аудитории) Этот индикатор реализует правильный SMT, основанный не на HH/LL, а на снятии ликвидности. Ключевая идея: Один актив забирает ликвидность (пробивает свинг) Второй — нет → это и есть настоящий SMT В отличие от большинства индикаторов: нет мусорных сигналов нет перебора всех свингов используется только актуальная структура Лучше всего работает: на хаях/лоу сессий на уровнях ликвидности в связке с BOS / FVG
Indicator
by crypto_daytrade
Time ORB [AlgoRich]What does this script do? This indicator is a Time-Based Open Range Breakout (ORB) tool. It monitors price action during a specific user-defined time window, identifies the high and low of that period, and then projects those levels forward as actionable breakout zones. Key Features: Calculation Modes: You can choose to calculate the range based on Wicks (high/low) or Candle Bodies (open/close) depending on your strategy's sensitivity. Extension Limit: To prevent chart clutter, the script includes an "Extension End Time." Once this time is reached, the levels and signals are disabled for the day. Signal Logic: Breakout Alerts: It triggers "Buy" or "Sell" labels when a candle closes outside the established range. Reversal (Second Entry): It has a built-in feature to catch a second breakout if the first move was a "fakeout" and the price reverses to the opposite side. Timezone Management: Includes a UTC offset input to ensure the range aligns perfectly with local market opening hours. How to trade it: Bullish Breakout: Look for long entries when price closes above the Top Line. Bearish Breakout: Look for short entries when price closes below the Bottom Line. Equilibrium: The center line acts as a "fair value" or a target/neutral zone.
Indicator
by AlgoRichPRO
Liquidity Sweep Sniper AP StyleAP Capital – Liquidity Sweep Sniper (Fab-Style) 📌 Overview This indicator is a precision scalping tool inspired by professional liquidity-based trading concepts often demonstrated by elite intraday scalpers. The script focuses on liquidity sweeps followed by strong displacement, aiming to capture short, high-probability momentum moves — particularly effective on lower timeframes (1–5 min) during active market sessions. It is not a signal spam tool. Signals appear only when multiple objective conditions align. 🧠 Core Concept Markets do not move randomly — they seek liquidity before expanding. This indicator identifies: Buy-side / Sell-side liquidity Liquidity sweeps (stop-hunts) Strong displacement candles reclaiming price Optional higher-timeframe trend alignment Only when all conditions are met does a signal print. 🔍 What the Indicator Detects 1️⃣ Liquidity Pools Equal highs or equal lows detected within a configurable lookback Minimum number of touches required ATR-based tolerance to adapt to volatility These levels represent areas where stop orders are likely resting. 2️⃣ Liquidity Sweep A valid sweep requires: Price to wick beyond the liquidity level Candle to close back inside the range This indicates failed breakout / stop-hunt behaviour. 3️⃣ Displacement Confirmation After the sweep, the candle must show: Strong body (default >60% of candle range) Candle range large relative to ATR Clear directional intent (momentum) This filters out weak reactions and chop. 4️⃣ Optional Trend Filter EMA-based higher-timeframe bias Helps align scalps with dominant direction Can be enabled or disabled 📈 Signals BUY: Sell-side liquidity sweep → bullish displacement SELL: Buy-side liquidity sweep → bearish displacement Signals are plotted directly on the chart and can be used with alerts. ⚙️ Recommended Usage Markets: XAUUSD, indices, liquid FX pairs Timeframes: 1m–5m Sessions: London & New York (best performance) Risk Management: Always required — this tool does not place trades Best used as a confirmation tool, not standalone. ⚠️ Important Notes This indicator is inspired by liquidity-based scalping concepts, not an exact replication of any individual trader’s private strategy. No indicator predicts the future — this tool highlights high-probability scenarios, not guarantees. Past performance is not indicative of future results.
Indicator
by APCapitalTrading
1
Apex Edge Sentinel - Stop Loss HUDApex Edge – ATR Sentinel Stop Loss HUD The Apex Edge – ATR Sentinel is a complete stop-loss intelligence system built as a clean, always-on HUD. It delivers institutional-level risk guidance by calculating and displaying live ATR-based stop levels for both long and short trades at multiple risk tolerances. Forget cluttered charts and repainting lines — Sentinel gives you a clear stop-loss reference panel that updates dynamically with every bar. ✅ Features • Triple ATR Multipliers User-defined (e.g. x1.5 / x2.0 / x2.5). Compare tight, medium, and wide stops instantly. • Dual-Side SL Levels Both Long and Short safe stop prices displayed side by side. No more guessing trend bias. • ATR Transparency HUD shows ATR(length) so you always know the calculation basis. Default = 14, adjustable to your style. • ATR Regime Meter Detects volatility conditions (LOW / NORMAL / HIGH) by comparing ATR to its SMA. Helps you avoid over-tight stops in high-volatility markets. • Tick-Aware Rounding Stop levels auto-rounded to the instrument’s tick size (Gold = 0.10, FX = 0.0001, indices = whole points). Custom HUD Design • Location: Top/Bottom, Left/Right • Sizes: Compact / Medium / Large (desktop or mobile) • Opacity control (25% default Apex styling) How to Use 1. Load Sentinel on your chart. 2. Check the HUD: • ATR(14): 2.6 → base volatility measure. • x1.5 / x2.0 / x2.5 → instant SL levels for both long & short trades. 3. Before entering a trade → decide which multiplier matches your style (tight scalper vs wider swing). 4. Manually place your SL at the level displayed in the HUD. Sentinel works as both: • A pre-trade check (is ATR stop too wide for my RR?). • A live risk compass (updated stop levels every bar). Why Apex Sentinel? Most ATR stop indicators clutter charts with lagging lines or repainting trails. Sentinel strips it back to what matters: • The numbers. • The risk levels. • The context. It’s a pure stop-loss HUD, designed for serious traders who want clarity, discipline, and instant reference points across any market or timeframe. Notes • This is a HUD-only system (no automatic SL line). Traders manually apply the SL level shown in the panel. • Defaults: ATR(14), multipliers 1.5 / 2.0 / 2.5. Adjust to your trading style. • Best used on intraday pairs like XAUUSD, EURUSD, indices, but works universally. Apex Edge Philosophy: Clean. Smart. Institutional. No clutter. No gimmicks. Just precision tools for modern markets.
Indicator
by ApexEdge
Sector Rotation & Money Flow Dashboard📊 Overview The Sector Rotation & Money Flow Dashboard is a comprehensive market analysis tool that tracks 39 major sector ETFs in real-time, providing institutional-grade insights into sector rotation, momentum shifts, and money flow patterns. This indicator helps traders identify which sectors are attracting capital, which are losing favor, and where the next opportunities might emerge. Perfect for swing traders, position traders, and investors who want to stay ahead of sector rotation and ride the strongest trends while avoiding weak sectors. 🎯 What This Indicator Does Tracks 39 Major Sectors: From technology to utilities, cryptocurrencies to commodities Calculates Multiple Timeframes: 1-week, 1-month, 3-month, and 6-month performance Advanced Momentum Metrics: Proprietary momentum score and acceleration calculations Relative Strength Analysis: Compare sector performance against any benchmark index Money Flow Signals: Visual indicators showing where institutional money is moving Smart Filtering: Pre-built strategy filters for different trading styles Trend Detection: Emoji-based visual system for quick trend identification 💡 Key Features 1. Performance Metrics Multiple timeframe analysis (1W, 1M, 3M, 6M) Month-over-month change tracking Relative strength vs benchmark index 2. Advanced Analytics Momentum Score: Weighted composite of recent performance Acceleration: Rate of change in momentum (second derivative) Money Flow Signals: IN/OUT/TURN/WATCH indicators 3. Strategy Preset Filters 🎯 Swing Trade: High momentum opportunities 📈 Trend Follow: Established uptrends 🔄 Mean Reversion: Oversold bounce candidates 💎 Value Hunt: Deep value opportunities 🚀 Breakout: Emerging strength ⚠️ Risk Off: Sectors to avoid 4. Customization All 39 sector ETFs can be customized Adjustable benchmark index Flexible display options Multiple sorting methods 📋 Settings Documentation Display Settings Show Table (Default: On) Toggles the entire dashboard display Table Position (Default: Middle Center) Choose from 9 positions on your chart Options: Top/Middle/Bottom × Left/Center/Right Rows to Show (Default: 15) Number of sectors displayed (5-40) Useful for focusing on top/bottom performers Sort By (Default: Momentum) 1M/3M/6M: Sort by specific timeframe performance Momentum: Weighted recent performance score Acceleration: Rate of momentum change 1M Change: Month-over-month improvement RS: Relative strength vs benchmark Flow: IN First: Prioritize sectors with inflows Flow: TURN First: Focus on reversal candidates Recovery Plays: Oversold sectors recovering Oversold Bounce: Deepest declines with positive signs Top Gainers/Losers 3M: Best/worst quarterly performers Best Acc + Mom: Combined strength score Worst Acc (Topping): Sectors losing momentum Filter Settings Strategy Preset Filter (Default: All) All: No filtering 🎯 Swing Trade: Mom >5, Acc >2, Money flowing in 📈 Trend Follow: Positive 1M & 3M, RS >0 🔄 Mean Reversion: Oversold but improving 💎 Value Hunt: Down >10% with recovery signs 🚀 Breakout: Rapid momentum surge ⚠️ Risk Off: Declining or topping sectors Custom Flow Filter: Use manual flow filter Custom Flow Signal Filter (Default: All) Only active when Strategy Preset = "Custom Flow Filter" IN Only: Strong inflows TURN Only: Reversal signals WATCH Only: Recovery candidates OUT Only: Outflow sectors Active Flows Only: Any non-neutral signal Hide Low Volume ETFs (Default: Off) Filters out illiquid sectors (future enhancement) Visual Settings Show Trend Emojis (Default: On) 🚀 Breakout (Strong 1M + High Acceleration) 🔥 Hot Recovery (From -10% to positive) 💪 Steady Uptrend (All timeframes positive) ➡️ Sideways/Ranging ⚠️ Warning/Topping (Up >15%, now slowing) 📉 Falling (Negative + declining) 🔄 Bottoming (Improving from lows) Compact Mode (Default: Off) Removes decimals for cleaner display Useful when showing many rows Min Data Points Required (Default: 3) Minimum data points needed to display a sector Prevents showing sectors with insufficient data Relative Strength Settings RS Benchmark Index (Default: AMEX:SPY) Index to compare all sectors against Can use SPY, QQQ, IWM, or any other index RS Period (Days) (Default: 21) Lookback period for RS calculation 21 days = 1 month, 63 days = 3 months, etc. Sector ETF Settings (Groups 1-39) Each sector has two inputs: Symbol: The ticker (e.g., "AMEX:XLF") Name: Display name (e.g., "Financials") All 39 sectors can be customized to track different ETFs or markets. 📈 Column Explanations Sector: ETF name/description 1M%: 1-month (21-day) performance 3M%: 3-month (63-day) performance 6M%: 6-month (126-day) performance Mom: Momentum score (weighted average, recent-biased) Acc: Acceleration (momentum rate of change) Δ1M: Month-over-month change RS: Relative strength vs benchmark Flow: Money flow signal ↗️ IN: Strong inflows 🔄 TURN: Potential reversal 👀 WATCH: Recovery candidate ↘️ OUT: Outflows —: Neutral 🎮 Usage Tips For Swing Traders (3-14 days) Use "🎯 Swing Trade" filter Sort by "Acceleration" or "Momentum" Look for Flow = "IN" and Mom >10 Confirm with positive RS For Position Traders (2-8 weeks) Use "📈 Trend Follow" filter Sort by "RS" or "Best Acc + Mom" Focus on consistent green across timeframes Ensure RS >3 for market leaders For Value Investors Use "💎 Value Hunt" filter Sort by "Recovery Plays" or "Top Losers 3M" Look for improving Δ1M Check for "WATCH" or "TURN" signals For Risk Management Regularly check "⚠️ Risk Off" filter Sort by "Worst Acc (Topping)" Review holdings for ⚠️ warning emojis Exit sectors showing "OUT" flow Market Regime Recognition Bull Market: Many sectors showing "IN" flow, positive RS Bear Market: Widespread "OUT" flows, negative RS Rotation: Mixed flows, some "IN" while others "OUT" Recovery: Multiple "TURN" and "WATCH" signals 🔧 Pro Tips Combine Filters + Sorting: Filter first to narrow candidates, then sort to prioritize Multi-Timeframe Confirmation: Best setups show alignment across 1M, 3M, and momentum RS is Key: Sectors outperforming SPY (RS >0) tend to continue outperforming Acceleration Matters: Positive acceleration often precedes price breakouts Flow Transitions: "WATCH" → "TURN" → "IN" progression identifies new trends early Regular Scans: Daily: Check "Acceleration" sort Weekly: Review "1M Change" Monthly: Analyze "RS" shifts Divergence Signals: Price up but Acceleration down = Potential top Price down but Acceleration up = Potential bottom Sector Pairs Trading: Long sectors with "IN" flow, short sectors with "OUT" flow ⚠️ Important Notes This indicator makes 40 security requests (maximum allowed) Best used on Daily timeframe Data updates in real-time during market hours Some ETFs may show "—" if data is unavailable 🎯 Common Strategies "Follow the Flow" Only trade sectors showing "IN" flow with positive RS "Rotation Catcher" Focus on "TURN" signals in sectors down >15% from highs "Momentum Rider" Trade top 3 sectors by Momentum score, exit when Acceleration turns negative "Mean Reversion" Buy sectors in bottom 20% by 3M performance when Δ1M improves "Relative Strength Leader" Maintain positions only in sectors with RS >5 Not financial advice - always do additional research
Indicator
by colicoid
23
ORB - Futures and Stocks (Breakouts + Alerts + ORB Selector)This indicator shows the Opening Range Breakout (ORB) based on the time range you choose. Important: It only works for intraday trading on time frames less than 1 day (like 1-minute, 5-minute, or hourly charts). You can use it with any stock or futures, such as US500, NAS100, or GER40. Inputs: ORB Range - Your preference. Session Start Time Zone Offset Examples: for EU Frankfurt, DAX (GER40): Set your ORB range Session Start 0900 Time Zone Offset +1 For US Stock Market and US500, NAS100: Set your ORB range Session Start 0930 Time Zone Offset -5 Created using ChatGPT
Indicator
by tolosatrader
[SHORT ONLY] 10 Bar Low Pullback█ STRATEGY DESCRIPTION The "10 Bar Low Pullback" strategy is a contrarian short trading system designed to capture pullbacks after a new 10‐bar low is made. it identifies a potential short opportunity when the current bar’s low breaks below the lowest low of the previous 10 bars, provided that the bar exhibits strong internal momentum as measured by its IBS value. An optional trend filter further refines entries by requiring that the close is below a 200-period EMA. █ WHAT IS INTERNAL BAR STRENGTH (IBS)? Internal Bar Strength (IBS) measures where the closing price falls within the high-low range of a bar. It is calculated as: ibs = (close - low) / (high - low) - Low IBS (≤ 0.2): Indicates the close is near the bar's low, suggesting oversold conditions. - High IBS (≥ 0.8): Indicates the close is near the bar's high, suggesting overbought conditions. █ SIGNAL GENERATION 1. SHORT ENTRY A Short Signal is triggered when: The current bar’s low is below the lowest low of the past X bars (default: 10). The bar’s IBS is greater than the specified threshold (default: 0.85). The signal occurs within the defined trading window (between Start Time and End Time). If the EMA Filter is enabled, the close must be below the 200-period EMA. 2. EXIT CONDITION An exit Signal is generated when the current close falls below the previous bar’s low (close < low ), indicating a potential bearish reversal and prompting the strategy to close its short position. █ ADDITIONAL SETTINGS Lookback Period: Defines the number of bars (default is 10) over which the lowest low is calculated. IBS Threshold: Sets the minimum required IBS value (default is 0.85) to qualify as a pullback. Trading Window: Trades are only executed between the user-defined Start Time and End Time. EMA Filter (Optional): When enabled, short entries are only considered if the current close is below the 200-period EMA, with the EMA period being adjustable (default is 200). █ PERFORMANCE OVERVIEW Designed for shorting opportunities, this strategy aims to capture pullbacks following an aggressive 10-bar low break. It leverages a combination of a lookback low and IBS measurement to identify overextended bullish moves that may revert. The optional EMA filter helps confirm a bearish market environment by ensuring the price remains under the trend line. Suitable for use on various assets, including stocks and ETFs, on daily or similar timeframes. Backtesting and parameter optimization are recommended to tailor the strategy to specific market conditions.
Strategy
by Botnet101
[SHORT ONLY] Internal Bar Strength (IBS) Mean Reversion Strategy█ STRATEGY DESCRIPTION The "Internal Bar Strength (IBS) Strategy" is a mean-reversion strategy designed to identify trading opportunities based on the closing price's position within the daily price range. It enters a short position when the IBS indicates overbought conditions and exits when the IBS reaches oversold levels. This strategy is Short-Only and was designed to be used on the Daily timeframe for Stocks and ETFs. █ WHAT IS INTERNAL BAR STRENGTH (IBS)? Internal Bar Strength (IBS) measures where the closing price falls within the high-low range of a bar. It is calculated as: IBS = (Close - Low) / (High - Low) - Low IBS (≤ 0.2) : Indicates the close is near the bar's low, suggesting oversold conditions. - High IBS (≥ 0.8) : Indicates the close is near the bar's high, suggesting overbought conditions. █ SIGNAL GENERATION 1. SHORT ENTRY A Short Signal is triggered when: The IBS value rises to or above the Upper Threshold (default: 0.9). The Closing price is greater than the previous bars High (close>high ). The signal occurs within the specified time window (between `Start Time` and `End Time`). 2. EXIT CONDITION An exit Signal is generated when the IBS value drops to or below the Lower Threshold (default: 0.3). This prompts the strategy to exit the position. █ ADDITIONAL SETTINGS Upper Threshold: The IBS level at which the strategy enters trades. Default is 0.9. Lower Threshold: The IBS level at which the strategy exits short positions. Default is 0.3. Start Time and End Time: The time window during which the strategy is allowed to execute trades. █ PERFORMANCE OVERVIEW This strategy is designed for Stocks and ETFs markets and performs best when prices frequently revert to the mean. The strategy can be optimized further using additional conditions such as using volume or volatility filters. It is sensitive to extreme IBS values, which help identify potential reversals. Backtesting results should be analyzed to optimize the Upper/Lower Thresholds for specific instruments and market conditions.
Strategy
by Botnet101
Bearish Wick Reversal█ STRATEGY OVERVIEW The "Bearish Wick Reversal Strategy" identifies potential bullish reversals following significant bearish price rejection (long lower wicks). This counter-trend approach enters long positions when bearish candles show exaggerated downside wicks relative to closing prices, then exits on bullish confirmation signals. Includes optional EMA trend filtering for improved reliability. █ What is a Bearish Wick? A price rejection pattern where: Bearish candle (close < open) forms with extended lower wick Wick represents failed selloff: Low drops significantly below close Measured as: (Low - Close)/Close × 100 (Negative percentage indicates downward extension) █ SIGNAL GENERATION 1. LONG ENTRY CONDITION Bearish candle forms with close < open Lower wick exceeds user-defined threshold (Default: -1% of close price) The signal occurs within the specified time window If enabled, the close price must also be above the 200-period EMA (Exponential Moving Average) 2. EXIT CONDITION A Sell Signal is generated when the current closing price exceeds the highest high of the previous seven bars (`close > _highest `). This indicates that the price has shown strength, potentially confirming the reversal and prompting the strategy to exit the position. █ PERFORMANCE OVERVIEW Ideal Market: Volatile instruments with frequent price rejections Key Risk: False signals in sustained bearish trends Optimization Tip: Test various thresholds Filter Impact: EMA reduces trades but improves win rate and reduces drawdown
Strategy
by Botnet101
Gap Down Reversal Strategy█ STRATEGY OVERVIEW The "Gap Down Reversal Strategy" capitalizes on price recovery patterns following bearish gap-down openings. This mean-reversion approach enters long positions on confirmed intraday recoveries and exits when prices breach previous session highs. This strategy is NOT optimized. █ What is a Gap Down Reversal? A gap down reversal occurs when: An instrument opens significantly below its prior session's low (price gap) Selling pressure exhausts itself during the session Buyers regain control, pushing price back above the opening level Creates a candlestick with: • Open < Prior Session Low (true gap) • Close > Open (bullish reversal candle) █ SIGNAL GENERATION 1. LONG ENTRY CONDITION Previous candle closes BELOW its opening price (bearish candle) Current session opens BELOW prior candle's low (gap down) Current candle closes ABOVE its opening price (bullish reversal) Executes market order at session close 2. EXIT CONDITION A Sell Signal is generated when the current closing price exceeds the highest high of the previous seven bars (`close > _highest `). This indicates that the price has shown strength, potentially confirming the reversal and prompting the strategy to exit the position. █ PERFORMANCE OVERVIEW Ideal Market: High volatility instruments with frequent gaps Key Risk: False reversals in sustained downtrends Optimization Tip: Test varying gap thresholds (1-3% ranges)
Strategy
by Botnet101
Closing Prices for Indices AMMOthe "Closing Prices for Indices" indicator displays the daily closing prices of four major stock indices: FTSE 100, DAX 40, Dow Jones Industrial Average, and NASDAQ Composite. The indicator updates the prices based on their respective market closing times: FTSE 100 and DAX 40: Updates at 4:30 PM UK time. Dow Jones and NASDAQ Composite: Updates at 9:00 PM UK time. Key features: Customizable Labels: Option to display labels showing the closing prices directly on the chart. Color-Coded Lines: Plots each index's closing price using distinct, customizable colors for easy differentiation. User-Friendly Settings: Includes options for customizing line and label colors. This indicator is perfect for traders and analysts looking to monitor and compare key index closing prices visually on their charts.
Indicator
by punjabiwap
1
3 Down, 3 Up Strategy█ STRATEGY DESCRIPTION The "3 Down, 3 Up Strategy" is a mean-reversion strategy designed to capitalize on short-term price reversals. It enters a long position after consecutive bearish closes and exits after consecutive bullish closes. This strategy is NOT optimized and can be used on any timeframes. █ WHAT ARE CONSECUTIVE DOWN/UP CLOSES? - Consecutive Down Closes: A sequence of trading bars where each close is lower than the previous close. - Consecutive Up Closes: A sequence of trading bars where each close is higher than the previous close. █ SIGNAL GENERATION 1. LONG ENTRY A Buy Signal is triggered when: The price closes lower than the previous close for Consecutive Down Closes for Entry (default: 3) consecutive bars. The signal occurs within the specified time window (between Start Time and End Time). If enabled, the close price must also be above the 200-period EMA (Exponential Moving Average). 2. EXIT CONDITION A Sell Signal is generated when the price closes higher than the previous close for Consecutive Up Closes for Exit (default: 3) consecutive bars. █ ADDITIONAL SETTINGS Consecutive Down Closes for Entry: Number of consecutive lower closes required to trigger a buy. Default = 3. Consecutive Up Closes for Exit: Number of consecutive higher closes required to exit. Default = 3. EMA Filter: Optional 200-period EMA filter to confirm long entries in bullish trends. Default = disabled. Start Time and End Time: Restrict trading to specific dates (default: 2014-2099). █ PERFORMANCE OVERVIEW Designed for volatile markets with frequent short-term reversals. Performs best when price oscillates between clear support/resistance levels. The EMA filter improves reliability in trending markets but may reduce trade frequency. Backtest to optimize consecutive close thresholds and EMA period for specific instruments.
Strategy
by Botnet101
1
Internal Bar Strength (IBS) Strategy█ STRATEGY DESCRIPTION The "Internal Bar Strength (IBS) Strategy" is a mean-reversion strategy designed to identify trading opportunities based on the closing price's position within the daily price range. It enters a long position when the IBS indicates oversold conditions and exits when the IBS reaches overbought levels. This strategy was designed to be used on the daily timeframe. █ WHAT IS INTERNAL BAR STRENGTH (IBS)? Internal Bar Strength (IBS) measures where the closing price falls within the high-low range of a bar. It is calculated as: IBS = (Close - Low) / (High - Low) - **Low IBS (≤ 0.2)**: Indicates the close is near the bar's low, suggesting oversold conditions. - **High IBS (≥ 0.8)**: Indicates the close is near the bar's high, suggesting overbought conditions. █ SIGNAL GENERATION 1. LONG ENTRY A Buy Signal is triggered when: The IBS value drops below the Lower Threshold (default: 0.2). The signal occurs within the specified time window (between `Start Time` and `End Time`). 2. EXIT CONDITION A Sell Signal is generated when the IBS value rises to or above the Upper Threshold (default: 0.8). This prompts the strategy to exit the position. █ ADDITIONAL SETTINGS Upper Threshold: The IBS level at which the strategy exits trades. Default is 0.8. Lower Threshold: The IBS level at which the strategy enters long positions. Default is 0.2. Start Time and End Time: The time window during which the strategy is allowed to execute trades. █ PERFORMANCE OVERVIEW This strategy is designed for ranging markets and performs best when prices frequently revert to the mean. It is sensitive to extreme IBS values, which help identify potential reversals. Backtesting results should be analyzed to optimize the Upper/Lower Thresholds for specific instruments and market conditions.
Strategy
by Botnet101
Buy on 5 day low Strategy█ STRATEGY DESCRIPTION The "Buy on 5 Day Low Strategy" is a mean-reversion strategy designed to identify potential buying opportunities when the price drops below the lowest low of the previous five days. It enters a long position when specific conditions are met and exits when the price exceeds the high of the previous day. This strategy is optimized for use on daily or higher timeframes. █ WHAT IS THE 5-DAY LOW? The 5-Day Low is the lowest price observed over the last five days. This level is used as a reference to identify potential oversold conditions and reversal points. █ SIGNAL GENERATION 1. LONG ENTRY A Buy Signal is triggered when: The close price is below the lowest low of the previous five days (`close < _lowest `). The signal occurs within the specified time window (between `Start Time` and `End Time`). 2. EXIT CONDITION A Sell Signal is generated when the current closing price exceeds the high of the previous day (`close > high `). This indicates that the price has shown strength, potentially confirming the reversal and prompting the strategy to exit the position. █ ADDITIONAL SETTINGS Start Time and End Time: The time window during which the strategy is allowed to execute trades. █ PERFORMANCE OVERVIEW This strategy is designed for mean-reverting markets and performs best when the price frequently oscillates around key support levels. It is sensitive to oversold conditions, as indicated by the 5-Day Low, and overbought conditions, as indicated by the previous day's high. Backtesting results should be analyzed to optimize the strategy for specific instruments and market conditions.
Strategy
by Botnet101
3-Bar Low Strategy█ STRATEGY DESCRIPTION The "3-Bar Low Strategy" is a mean-reversion strategy designed to identify potential buying opportunities when the price drops below the lowest low of the previous three bars. It enters a long position when specific conditions are met and exits when the price exceeds the highest high of the previous seven bars. This strategy is suitable for use on various timeframes. █ WHAT IS THE 3-BAR LOW? The 3-Bar Low is the lowest price observed over the last three bars. This level is used as a reference to identify potential oversold conditions and reversal points. █ WHAT IS THE 7-BAR HIGH? The 7-Bar High is the highest price observed over the last seven bars. This level is used as a reference to identify potential overbought conditions and exit points. █ SIGNAL GENERATION 1. LONG ENTRY A Buy Signal is triggered when: The close price is below the lowest low of the previous three bars (`close < _lowest `). The signal occurs within the specified time window (between `Start Time` and `End Time`). If the EMA Filter is enabled, the close price must also be above the 200-period Exponential Moving Average (EMA). 2. EXIT CONDITION A Sell Signal is generated when the current closing price exceeds the highest high of the previous seven bars (`close > _highest `). This indicates that the price has shown strength, potentially confirming the reversal and prompting the strategy to exit the position. █ ADDITIONAL SETTINGS MA Period: The lookback period for the 200-period EMA used in the EMA Filter. Default is 200. Use EMA Filter: Enables or disables the EMA Filter for long entries. Default is disabled. Start Time and End Time: The time window during which the strategy is allowed to execute trades. █ PERFORMANCE OVERVIEW This strategy is designed for mean-reverting markets and performs best when the price frequently oscillates around key support and resistance levels. It is sensitive to oversold conditions, as indicated by the 3-Bar Low, and overbought conditions, as indicated by the 7-Bar High. Backtesting results should be analyzed to optimize the MA Period and EMA Filter settings for specific instruments.
Strategy
by Botnet101