Iceberg strategy screenerIceberg Strategy — H4 Trend & Volume Filter
Iceberg Strategy is an H4 trend indicator that combines MACD structure, liquidity filtering, correlation analysis, and retest logic to identify structured market conditions.
The indicator is designed for swing trading and focuses on filtering weak markets while highlighting confirmed trend environments.
Core Components
H4 Trend Logic
Dual MACD structure is used to determine the main trend and confirmation phase before entry.
24H Volume Filter
Calculates USD trading volume over the last 24 hours.
Signals are allowed only in sufficiently liquid markets.
Correlation Filter
Optional correlation control against BTC (or a custom symbol) to avoid highly dependent market movements.
Volume Dominance (Buyer vs Seller)
Measures buying vs selling pressure to confirm directional strength.
Retest Logic
Optional retest confirmation after a level break to improve entry structure.
Risk Structure
The indicator automatically calculates:
ATR-based Stop Loss
Take Profit levels from 1R to 5R
All levels are visualized directly on the chart.
Visual Features
BUY / SELL labels
entry dots
SL / TP lines
H4 trend coloring
optional volume zones
parameter status table
Alerts
Built-in alerts:
Long Entry
Short Entry
Compatible with webhook automation.
Purpose
This indicator is intended for:
H4 swing trading
trend analysis
structured market filtering
disciplined trade planning
It is not a standalone trading system and requires independent risk management.
Disclaimer
This script is for educational and analytical purposes only.
It is not financial advice.
⚙️ Description of indicator settings
Risk Management
SL Offset
Additional safety buffer added to Stop Loss to reduce fake stop-outs.
Filters
Enable Correlation Filter
Activates correlation control against a reference symbol.
Enable 24H Volume Filter
Allows signals only when sufficient liquidity is present.
Correlation Settings
reference symbol (default: BTC)
lookback length
maximum allowed correlation
excluded symbols list
Volume Fight Settings
Lookback
Period used to measure buyer vs seller dominance.
Flat Threshold
Defines accumulation/distribution sensitivity.
Background Zones
Optional visual highlighting.
Retest Settings
Key Level Price
Important level used for retest logic.
Retest Range (%)
Allowed deviation range from the level.
SL/TP Settings
ATR Length
ATR calculation period.
ATR Multiplier
Stop Loss distance factor.
📘 Usage guide
Recommended workflow
Work on H4 chart
Wait for confirmed signal
Check higher timeframe structure
Enter with defined risk
Follow SL/TP structure
Entry refinement
After H4 signal:
use M15–H1 for precise entry
wait for pullback if needed
avoid chasing extended candles
Trade management
partial exit at TP1–TP3
move SL to breakeven after TP1 (optional)
trail remaining position
Avoid
trading against signals
removing stop loss
emotional position sizing
revenge trading
Pine Script® indicator






















