Dynamic Market Structure DetectorTitle: Dynamic Market Structure Detector – Real-Time BoS & ChoCH Signals
Short Description:
Identify market structure dynamically with real-time Break of Structure (BoS) and Change of Character (ChoCH) signals. Highlight untested support and resistance zones to improve trading precision.
Full Description:
The Dynamic Market Structure Detector is a powerful TradingView indicator designed for traders who want to automate the identification of key market structure levels. This indicator simplifies market analysis by dynamically tracking swing highs and lows, marking critical Break of Structure (BoS) and Change of Character (ChoCH) points, and highlighting untested support and resistance zones.
Key Features:
1. Real-Time Signals:
• Marks Break of Structure (BoS) and Change of Character (ChoCH) points as they occur.
• Automatically updates as the market evolves.
2. Dynamic Swing Highs and Lows:
• Tracks swing highs and lows based on user-defined sensitivity (Swing Length).
• Adjust swing length to tailor signals for intraday or swing trading.
3. Untested Zones Highlight:
• Visualize untested support and resistance zones dynamically.
• Opacity settings allow customization for better chart readability.
4. Customizable Inputs:
• Swing Length:
Adjust the sensitivity of BoS and ChoCH signals.
• Smaller Swing Length values (e.g., 3–5): Capture short-term market movements, ideal for intraday trading.
• Larger Swing Length values (e.g., 10–20): Focus on significant market structure changes for swing or positional trading.
Experiment with these values to find the best fit for your trading style.
• Untested Zone Opacity:
Control the visibility of highlighted support and resistance zones.
• Lower opacity values (e.g., 10–50): Make the zones more prominent, helpful for darker chart backgrounds.
• Higher opacity values (e.g., 70–90): Provide subtle highlights, better suited for lighter chart setups.
• A value of 100% renders the zones completely transparent (invisible).
Use this setting to customize the visual appearance of your chart while still retaining key zone information.
5. User-Friendly Visualization:
• Color-coded labels for BoS (Green) and ChoCH (Red).
• Highlight zones for untested areas using customizable colors (Support: Blue, Resistance: Orange).
Why Use This Indicator?
• Simplifies market structure analysis by automating key calculations.
• Helps traders identify potential trend reversals and continuation points.
• Reduces the need for manual charting, saving time and effort.
• Provides visual clarity on untested zones for better decision-making.
Recommended Usage:
• Intraday Traders: Use smaller Swing Length values (e.g., 3–5) to capture short-term market movements.
• Swing Traders: Opt for higher Swing Length values (e.g., 10–20) to focus on larger market structure changes.
• Monitor untested zones for potential price reactions, enhancing your trade entries and exits.
Notes :
This indicator is best suited for traders who prefer price action trading and market structure analysis. While the indicator provides reliable insights, it is recommended to use it in conjunction with other analysis tools for a holistic trading approach.
Credits:
Developed by TradeTech Analysis to empower traders with automated tools for smarter trading decisions.
Multitimeframe
TrendPredator ESThe TrendPredator Essential (ES)
Stacey Burke, a seasoned trader and mentor, developed his trading system over the years, drawing insights from influential figures such as George Douglas Taylor, Tony Crabel, Steve Mauro, and Robert Schabacker. His popular system integrates select concepts from these experts into a consistent framework. While powerful, it is highly discretionary, requiring significant real-time analysis, which can be challenging for novice traders.
The TrendPredator ES indicator supports this approach by automating the essential analysis required to trade the system effectively and incorporating a mechanical bias and multi-timeframe concept.
It provides value to traders by significantly reducing the time needed for session preparation and offering relevant chart analysis and signals for live trading through real-time updates and a unique consolidated table format.
The Stacey Burke Master Pattern
Inspired by Taylor’s 3-day cycle and Steve Mauro’s work with “Beat the Market Maker,” Burke’s system views markets as cyclical, driven by the manipulative patterns of market makers. These patterns often trap traders at the extremes of moves above or below significant levels with peak formations, then reverse to utilize their liquidity, initiating the next phase. Breakouts away from these traps often lead to range expansions, as described by Tony Crabel and Robert Schabacker. After multiple consecutive breakouts, especially after the psychological number three, overextension might develop. A break in structure may then lead to reversals or pullbacks. Burke’s system is designed to track these cycles on the daily timeframe and provides signals and trade setups to navigate along them.
Bias Logic and Multi-Timeframe Concept
The indicator covers the basic signals of his system:
- First Red Day (FRD): Bearish break in structure, signalling weak longs in the market.
- First Green Day (FGD): Bullish break in structure signalling weak shorts in the markt.
- Three Days of Longs (3DL): Overextension signalling potential weak longs in the market.
- Three Days of Shorts (3DS): Overextension signalling potential weak shorts in the market.
- Inside Day (ID): Contraction, signalling potential impulsive reversal or range expansion move.
It enhances the original system by introducing:
Structured Bias Logic:
Tracks bias by following how price trades concerning the last previous candle high or low that was hit. For example if the high was hit, we are bullish above and bearish below.
- Bullish state: Breakout (BO), Fakeout Low (FOL)
- Bearish state: Breakdown (BD), Fakeout High (FOH)
Multi-Timeframe Perspective:
- Tracks all signals across H4, H8, D, W, and M timeframes, to look for alignment and follow trends and momentum in a mechanical way.
The indicator monitors the bias and signals of the system across all relevant timeframes and automates the related graphical chart analysis to generate the information needed for the trader to identify key setups. Additional to the SB pattern, the system helps to identify the higher timeframe situation and follow the moves driven by other timeframe traders.
Example: Full Bullish Cycle on the Daily Timeframe with Signals
- The Trap/Peak Formation
The market breaks down from a previous day’s and maybe week’s low—potentially after multiple breakdowns—but fails to move lower and pulls back up to form a peak formation low and closes as a first green day.
Signal: Bullish daily and weekly fakeout low; three consecutive breakdown days (1W Curr FOL, 1D Curr FOL, BO 3S).
- Pullback and Consolidation
The next day pulls further up after first green day signal, potentially consolidates inside the previous day’s range.
Signal: Fakeout low and first green day closing as an inside day (1D Curr IS, Prev FOL, First G).
- Range Expansion/Trend
The following day breaks up through the previous day’s high, launching a range expansion away from the trap.
Signal: Bullish daily breakout of an inside day (1D Curr BO, Prev IS).
- Overextension
After multiple consecutive breakouts, the market reaches a state of overextension, signalling a possible reversal or pullback.
Signal: Three days of breakout longs (1D Curr BO, Prev BO, BO 3L).
Note: This is only one possible scenario; there are many variations and combinations.
Example Chart: Full Bullish Cycle with Correlated Signals
Note: The signals shown along the move are manually added illustrations. The indicator shows these in realtime in the table at the bottom right. This is only one possible scenario; there are many variations and combinations.
Due to the fractal nature of markets, this cycle can be observed across timeframes. The strongest setups show multi-timeframe alignment. For example, a peak formation and potential reversal on the daily timeframe has high probability and follow-through if it also aligns with bearish signals on higher timeframes (e.g., weekly/monthly BD/FOH) and confirmation on lower timeframes (H4/H8 FOH/BD). With this perspective the system enables the trader to follow the trend and momentum and identify rollover points in a very differentiated way.
Detailed Features and Options
1. Historic Highs and Lows
Displays historic highs and lows per timeframe for added context, enabling users to track sequences over time.
Timeframes: H4, H8, D, W, M
Options: Customize for timeframes shown, number of historic candles per timeframe, colors, formats, and labels.
2. Previous High and Low Extensions
Displays extended previous levels (high, low, and close) for each timeframe to assess how price trades relative to these levels.
H4: P4H, P4L, P4C
H8: P8H, P8L, P8C
Daily: PDH, PDL, PDC
Weekly: PWH, PWL, PWC
Monthly: PMH, PML, PMC
Options: Fully customizable for timeframes shown, colors, formats, and labels.
3. Breach Lines
Tracks live market reactions (e.g., breakouts or fakeouts) per timeframe for the last previous high or low that was hit, highlighting these levels originating at the breached candle to indicate bias (color-coded).
Red: Bearish below
Green: Bullish above
H4: 4FOL, 4FOH, 4BO, 4BD
H8: 8FOL, 8FOH, 8BO, 8BD
D: dFOL, dFOH, dBO, dBD
W: wFOL, wFOH, wBO, wBD
M: mFOL, mFOH, mBO, mBD
Options: Fully customizable for timeframes shown, colors, formats, and labels.
4. Multi-Timeframe Table
Provides a real-time view of system signals, including:
Current Timeframe (Curr): Bias states.
- Breakout (green BO): Bullish after breaking above the previous high.
- Fakeout High (red FOH): Bearish after breaking above the previous high but pulling back down.
- Breakdown (red BD): Bearish after breaking below the previous low.
- Fakeout Low (green FOL): Bullish after breaking below the previous low but pulling back up.
- Inside (IS): Price trading neutral inside the previous range, taking the previous bias (color indicates the previous bias).
Previous Timeframe (Prev): Tracks last candle bias state and transitions dynamically.
- Bias for last candle: BO, FOH, BD, FOL in respective colors.
- Inside bar (yellow IS): Indicated as standalone signal.
Note: Also previous timeframes get constantly updated in real time to track the bias state in relation to the level that was hit. This means a BO can still lose the level and become a FOH, and vice versa, and a BD can still become a FOL, and vice versa. This is critical to see for example if traders that are trapped in that timeframe with a FOH or FOL are released. An inside bar stays fixed, though, since no level was hit in that timeframe.
Breakouts (BO): Breakout count 3 longs and 3 shorts.
- 3 Longs (red 3L): Bearish after three breakouts without hitting a previous low.
- 3 Shorts (green 3S): Bullish after three breakdowns without hitting a previous high.
First Countertrend Close (First): Tracks First Red or Green Day.
- First Green (G): After two consecutive red closes.
- First Red (R): After two consecutive green closes.
Options: Customizable font size and label colors.
Overall Options:
Toggle single feature groups on/off.
Customize H8 open/close time as an offset to UTC to be provider independent.
Colour settings for dark or bright backgrounds.
Using the Indicator for Trading
The automated analysis provided by the indicator can be used for thesis generation in preparation for a session as well as for live trading, leveraging the real-time updates. It is recommended to customize the settings accordingly, such as hiding the lower timeframes for thesis generation to keep the charts clean.
1. Setup Identification:
Follow the bias of daily and H8 timeframes. A setup always requires alignment of these.
Setup Types:
- Trend Trade: Trade in alignment with the previous day’s trend.
Example: Price above the previous day’s high → Focus on long setups (dBO, H8 FOL) until overextension or reversal signs appear (H8 BO 3L, First R).
- Reversal Trade: Identify reversal setups when lower timeframes show rollovers after higher timeframe weakness.
Example: Price below the previous day’s high after FOH → Look for reversal signals at the current high of day (H8 FOH, BO 3L, First R).
2. Context Assessment:
Evaluate alignment of higher timeframes (e.g., Month/Week, Week/Day). More alignment → Stronger setups. Conflicting situations → Setups invalidated.
3. Entry Confirmation:
Confirm entries based on H8 and H4 alignment and candle closes (e.g., M15 or M5 close after entering setup zone as confirmation).
Example Chart for Reversal Trade:
1. Setup Identification: FOH continuation after BO 3L overextension, confirmed by H8 FOH, First R.
2. Context Assessment: Month in FOL with bearish First R; Week in BO but bearishly overextended with BO 3L.
3. Entry Confirmation: H4 BD, M5 close.
Further recommendations:
- Higher timeframe context: TPO or volume profile indicators can be used to gain an even better overview.
- Entry confirmation: Momentum indicators like VWAP, Supertrend, or EMA are helpful for increasing precision. Additionally, tracking lower timeframe fakeouts can provide powerful confluence.
- Late session trading: Entries later in the session, such as during the 3rd hour of the NY session, offer better analysis and follow-through on setups.
Limitations:
Data availability using TradingView has its limitations. The indicator leverages only the real-time data available for the specific timeframe being used. This means it cannot access data from timeframes lower than the one displayed on the chart. For example, if you are on a daily chart, it cannot use H8 data. Additionally, on very low timeframes, the historical availability of data might be limited, making higher timeframe signals unreliable.
To address this, the indicator automatically hides the affected columns in these specific situations, preventing false signals.
Disclaimer
This indicator is for educational purposes only and does not guarantee profits.
None of the information provided shall be considered financial advice.
The indicator does not provide final buy or sell signals but highlights zones for potential setups.
Users are fully responsible for their trading decisions and outcomes.
Quantum Edge 2.0Quantum Edge is a closed-source, invite-only indicator designed to detect shifts in market momentum using a unique blend of a Proprietary Noise-Reduction Technique and volatility measurements. It leverages a Proprietary Momentum-to-Volatility Measure along with a standard deviation-based threshold to highlight potential turning points in price behavior.
What Makes Quantum Edge Original
Noise-Reduction Technique
Quantum Edge applies a self-tuning filter that adapts its smoothing level to changing market dynamics. This approach aims to minimize false signals by focusing on meaningful price fluctuations while retaining responsiveness to sudden changes.
Volatility Assessment
A standard deviation–based filter is integrated to ensure signals occur only when price movements exceed a particular volatility threshold. This helps traders differentiate between normal price oscillations and more consequential market shifts.
How It Works (High-Level Overview)
Momentum & Volatility Interaction
A Momentum-to-Volatility Measure evaluates the movement volatility. This helps the indicator assess whether the market is trending strongly or merely oscillating sideways.
Noise-Reduction Technique
By changing its smoothing level dynamically, Quantum Edge works to reduce minor fluctuations without delaying significant trend changes.
Standard Deviation Threshold
The script calculates volatility envelopes to confirm that signals have exceeded statistically significant thresholds, aiming to improve reliability in both low-volatility and high-volatility conditions.
Signal Generation
Buy signals appear when short-term momentum breaks above the script’s volatility filter.
Sell signals emerge when momentum descends below the filter’s baseline.
How To Use
Chart Setup
Plot Quantum Edge on standard candle or bar charts to prevent unrealistic results.
Chart Settings
There are no setting in this indicator since it is programmed to work in all kinds of market and in all timeframes. I have personally used it on 2-min charts to weekly charts.
Catching big moves
This indicator tries to catch all the big moves and works of ETFs, commodities ETFs and stocks.
Shortcomings of Quantum Edge
It doesn't work on stocks/ETFs which have low liquidity or are micro caps and which have huge gaps on the upside and downside frequently.
Position Size and Stop loss and Profit Targets:
This indictor (buy/sell alerts ) should be used with proper stop loss and possibly at least 2 different position sizes. Since if you have 2 positions size or 2 halves you can take profit for 1st position size without waiting for a opposite signal to come.
You can also do 3 position sizes with same stop loss while exiting at 2 different profit targets and the last position size will wait for the opposite signal to come.
Labels: Since labels are for information purposes on charts you can change it in settings to not display
Interpreting Signals
A green triangle/label indicates a potential buy opportunity when the momentum surpasses a key volatility threshold.
A red triangle/label signals a potential sell (or short) setup if momentum falls below a defined threshold.
Alerts
Built-in alerts notify you when a new buy or sell signal appears. These alerts can be also sent to your primary and alternative emails. You can also attach the alerts to a webhook.
Best Practices & Warnings
No Future Data Used
All calculations are based on real-time or historical bars. The script does not look into future data.
No Guarantee of Future Performance
Market conditions are unpredictable; performance in the past does not guarantee future success.
Why Closed-Source?
Quantum Edge employs proprietary calculations and techniques to provide unique insights into market momentum. While we offer a clear description of how it works at a conceptual level, we keep the source code private to safeguard our intellectual property.
Usage Reminder
This script is invite-only; only users granted explicit access can apply it to their charts.
Quantum Edge is provided for informational and educational purposes. Always combine it with your own thorough analysis.
Please let me know if you have any questions in comments.
Previous D, W, M High/LowThis indicator plots previous day's high,low,open and close values and plots previous week's and month's high and low value on the chart.
Volume Equilibrium Overlay(2 of 2)This is an overlay for a prior script I've created: Volume Equilibrium.
To sum it up in a brief manner, this script plots when there is "volume-equilibrium" aka prices that the market may see as "fair-value" relative to the specified timeframe. This script provides what my last code lacked and that is a visual representation of critical prices.
The arrows beside the indications indicate the direction that the buying/selling volume was heading towards.
UP ARROW - indicates that equilibrium was had via increasing buy volume
DOWN ARROW - indicates that equilibrium was had via decreasing buy volume
Remember, this doesn't inherently mean that a stock is supposed to go up or down. Its just a representation of 'fair-value' points using volume. Also remember... both indicators provide what the other lacks. It isn't necessary to use both but for a broad overview of volume it definitely helps to at least be aware of how this information can be represented. Perhaps... consider switching between the two to see what you may be missing.
I believe finding 'fair-value' points via volume and price action provides a more objective way to measure what prices one should look at rather then arbitrary lines plotted on a chart. For more information feel welcome to look at the script that this code is based off of.
Dynamic Customizable 50% Line & Daily High/Low + True Day OpenA Unique Indicator for Precise Market-Level Analysis
This indicator is a fully integrated solution that automates complex market-level calculations and visualizations, offering traders a tool that goes beyond the functionality of existing open-source alternatives. By seamlessly combining several trading concepts into a single script, it delivers efficiency, accuracy, and customization that cater to both novice and professional traders.
Key Features: A Breakdown of What Makes It Unique
1. Adaptive Daily Highs and Lows
Automatically detects and plots daily high and low levels based on the selected time frame, dynamically updating in real time.
Features session-based adjustments, allowing traders to focus on levels that matter for specific trading sessions (e.g., London, New York).
Fully customizable styling, visibility, and alerts tailored to each trader’s preferences.
How It Works:
The indicator calculates daily high and low levels directly from price data, integrating session-specific time offsets to account for global trading hours. These levels provide traders with clear visual markers for key liquidity zones.
2. Automated ICT 50% Range Line
A pioneering implementation of ICT’s mid-range concept, this feature dynamically calculates and displays the midpoint of the daily range.
Offers traders a visual guide to identify premium and discount zones, aiding in determining market bias and potential trade setups.
How It Works:
The script calculates the range between the day’s high and low, dividing it by two to generate the midline. This line updates in real-time, ensuring that traders always see the most current premium and discount levels as price action evolves.
3. Dynamic Market Open Levels
Plots session opens (e.g., Asia, London, New York) and the True Day Open to provide actionable reference points for intra-day trading strategies.
Enhances precision in identifying liquidity shifts and aligning trades with institutional price movements.
How It Works:
The indicator uses predefined session times to calculate and display the opening levels for key trading sessions. It dynamically adjusts for time zones, ensuring accuracy regardless of the trader’s location.
4. Custom Watermark for Enhanced Visualization
Includes an optional watermark feature that allows users to display custom text on their charts.
Ideal for personalization, branding, or highlighting session notes without disrupting the clarity of the chart.
Why This Indicator Stands Out
First-to-Market Automation:
While the ICT 50% range line is a widely recognized concept, this is the first script to automate its calculation, combining it with other pivotal trading levels in a single tool.
All-in-One Functionality:
Unlike open-source alternatives that focus on individual features, this script integrates daily highs/lows, mid-range levels, session opens, and customizable watermarks into one cohesive system. The consolidation reduces the need for multiple indicators and ensures a clean, efficient chart setup.
Dynamic Customization:
Every feature can be adjusted to align with a trader’s strategy, time zone, or aesthetic preferences. This level of adaptability is unmatched in existing tools.
Proprietary Logic:
The indicator’s underlying calculations are built from scratch, leveraging advanced programming techniques to ensure accuracy and reliability. These proprietary methods differentiate it from similar open-source scripts.
How to Use This Indicator
Apply the Indicator:
Add it to your TradingView chart from the library.
Configure Settings:
Use the intuitive settings panel to adjust plotted levels, colors, styles, and visibility. Tailor the indicator to your trading strategy.
Incorporate into Analysis:
Combine the plotted levels with your preferred trading approach to identify liquidity zones, establish market bias, and pinpoint potential reversals or entries.
Stay Focused:
With all key levels automated and updated in real time, traders can focus on execution rather than manual plotting.
Originality and Justification for Closed Source
This script is closed-source due to its unique combination of features and proprietary logic that automates complex trading concepts like the ICT 50% range line and session-specific levels. Open-source alternatives lack this level of integration and customization, making this indicator a valuable and original contribution to the TradingView ecosystem.
What Sets It Apart from Open-Source Scripts?
Unlike open-source tools, this indicator doesn’t just replicate individual features—it enhances and integrates them into a seamless, all-in-one solution that offers traders a more efficient and effective way to analyze the market.
BK Multiple MA, RMA, SMA, HMA, VWAP, Rolling VWAP **Indicator Description**
I’m incredibly proud to introduce my third indicator to the TradingView community: **BK Multiple MA with HMA, VWAP, and Rolling VWAP**! This tool has been a game-changer in my trading strategy, and I’m excited to share it with others who are navigating the markets.
This indicator holds a special place in my heart because it represents the first technical analysis concept introduced to me by my mentor when I began apprenticing under him. His wisdom, guidance, and passion for trading—and for life—left an indelible mark on my journey. I dedicate this work, and every indicator I introduce, to the foundation he helped me build, while giving glory first and foremost to God.
**Moving Averages (MAs)** are one of the most widely used tools in technical analysis, and this indicator takes them to the next level. It allows you to plot **six fully customizable moving averages simultaneously**, with options including:
- **Exponential Moving Average (EMA)**
- **Simple Moving Average (SMA)**
- **Relative Moving Average (RMA)**
- **Hull Moving Average (HMA)**
- **Volume Weighted Average Price (VWAP)**
- **Rolling VWAP**
This flexibility makes the indicator highly versatile, whether you’re a day trader, swing trader, or long-term investor. By customizing periods, colors, and line widths for each MA, you can tailor the indicator to perfectly suit your trading style.
**Key Features**
1. **Six Fully Customizable MAs**:
- Adjust periods, line colors, and widths to match your preferences.
- Select from EMA, SMA, RMA, HMA, VWAP, or Rolling VWAP for each line.
2. **Unique Rolling VWAP Option**:
- Rolling VWAP calculates the volume-weighted average price over a user-defined period, such as 200 candles.
- This feature is ideal for traders seeking volume-weighted levels that don’t reset with each session, making it invaluable for trend-following and swing trading.
3. **HMA for Smoother Trends**:
- The Hull Moving Average (HMA) is designed to reduce lag and provide a responsive, noise-free view of price trends.
- It’s a powerful tool for spotting reversals and confirming directional momentum.
4. **Session VWAP**:
- Traditional VWAP resets with each trading session, making it a reliable benchmark for intraday support and resistance levels.
**How It Works**
- **VWAP**: Reflects the average price weighted by volume for the current trading session, commonly used by institutional traders to identify key price levels.
- **Rolling VWAP**: Extends VWAP functionality by calculating over a user-defined period, allowing for flexible multi-timeframe analysis.
- **HMA**: A fast, smooth moving average that reacts quickly to price changes while filtering out noise.
The combination of these options provides traders with a comprehensive view of market dynamics, enabling better decision-making.
**Final Thoughts**
This indicator is deeply meaningful to me because it represents the first concept my mentor introduced when I began apprenticing under him. His wisdom, guidance, and passion for trading—and for life—left an indelible mark on my journey. I dedicate this work, and every indicator I introduce, to the foundation he helped me build, while giving glory first and foremost to God.
If this indicator helps you succeed, I humbly ask that you honor the blessings in your life by giving back—whether through acts of kindness, philanthropy, or helping others in need.
May the Almighty guide us all toward wisdom and success in our endeavors. All glory belongs to God!
OHLC/4 Daily vs Quarterly CrossOHLC/4 Daily vs Quarterly Cross
The "OHLC/4 Daily vs Quarterly Cross" indicator is a powerful tool designed to provide traders with insights into trend alignment and potential market turning points. By calculating the average of the open, high, low, and close prices (OHLC/4), this script compares the daily average price action with the quarterly average to identify significant crossover events.
This indicator features two distinct lines: the Daily OHLC/4 and the Quarterly OHLC/4, each plotted in different colors for easy differentiation. A crossover occurs when the daily OHLC/4 moves above the quarterly average, potentially signaling bullish momentum or a shift in market direction. Conversely, a crossunder marks the daily OHLC/4 moving below the quarterly level, indicating potential bearish sentiment or a reversal.
With real-time plotting and built-in alert conditions, this script enables traders to stay ahead of critical market movements by setting automated notifications for crossover events. Whether you're seeking to confirm trends or identify new opportunities, the "OHLC/4 Daily vs Quarterly Cross" delivers clarity and actionable insights for more informed decision-making.
ATR Combined IndicatorHow to Use and Adjust the ATR Stop-Loss & Risk Manager Indicator in TradingView
The ATR Stop-Loss & Risk Manager indicator is designed to help traders visualize Average True Range (ATR)-based stop-loss levels and assess risk. Here's a step-by-step guide on how to use it and adjust its settings.
Adding the Indicator to Your Chart
Open TradingView and select your desired chart and time frame.
Click on the Pine Editor at the bottom of the screen.
Paste the provided script into the editor and click Add to Chart.
Once added, the indicator will appear on your chart with ATR values, stop-loss levels, and a risk table.
Indicator Outputs
ATR Line: A line representing the Average True Range (ATR) value, providing a measure of market volatility.
Stop-Loss Levels:
Stop Loss High: A green line above the current price, representing the suggested stop-loss level for long positions.
Stop Loss Low: A red line below the current price, representing the suggested stop-loss level for short positions.
Risk Table:
Displays the ATR value multiplied by a user-defined risk multiplier in a table on the chart.
Configuring the Settings
To customize the indicator for your trading strategy, click the gear icon next to the indicator’s name in the Indicators pane.
1. ATR Settings
ATR Period: Adjust the number of bars used to calculate the ATR. Common values include 14 (default) or 20. Shorter periods respond faster to price changes, while longer periods smooth volatility.
Smoothing Method:
Choose between RMA, SMA, EMA, or WMA for the ATR calculation:
RMA (default): A variation of the moving average commonly used in ATR.
SMA: Simple Moving Average, giving equal weight to all bars in the calculation.
EMA: Exponential Moving Average, which gives more weight to recent bars.
WMA: Weighted Moving Average, emphasizing recent prices linearly.
2. Multipliers
ATR Multiplier for Table: Adjust this to scale the ATR value displayed in the table. For example:
Set it to 1.0 to display the exact ATR.
Increase or decrease it to align with your risk tolerance.
Stop Loss Multiplier: Adjust this to change how far the stop-loss levels are plotted from the current price. For example:
Use 1.5 (default) for moderate levels.
Increase for wider stops or decrease for tighter stops.
3. Table Customization
Table Position: Select where the table appears on the chart:
Top Right (default), Top Left, Bottom Right, Bottom Left, Middle Right, or Middle Left.
Border Color: Choose the border color for the table.
Background Color: Set the table's background color.
Text Color: Customize the table text color for better visibility.
4. Visualization
Stop-Loss High and Low Lines:
Use these lines to determine potential stop-loss levels for your trades based on the ATR and stop-loss multiplier.
Green for Stop Loss High (long positions).
Red for Stop Loss Low (short positions).
Practical Use Cases
Volatility-Based Stop Losses:
Use the stop-loss lines to set dynamic stop-loss levels based on market volatility.
Adjust the multipliers to match your trading style:
Tight stops for scalping or day trading.
Wider stops for swing or position trading.
Risk Assessment:
Use the ATR value in the table to gauge market volatility before entering trades.
Higher ATR values indicate more volatile markets, requiring wider stops.
Position Sizing:
Incorporate the ATR value into your position-sizing strategy. For example:
Divide your account risk (e.g., 1% of equity) by the ATR to calculate position size.
MMPD #1 Pro @Max Maserati🎯 MMPD #1 Pro - Premium/Discount Market Position Detector
A comprehensive market analysis tool designed to identify premium and discount zones, helping traders navigate market positioning with precision and confidence.
📈 Core Features:
Premium Zone Analysis:
- Extreme Premium Line (Upper Boundary) marks peak market valuation
- Premium Box serves as a confirmation zone for strong bullish momentum
- Strong Bullish trend area point a trending bullish market when open/close happen inside
- Green candles confirm trend strength
- Pink candles signal potential reversals or retracement
- Red candles with bullish closes indicate sustained buying pressure
📉 Discount Zone Dynamics:
- Extreme Discount Line (Lower Boundary) identifies oversold conditions
- Discount Box highlights potential accumulation areas
- Strong Bearish trend area point a trending bearish market when open/close happen inside
- Red candles confirm bearish momentum
- Pale green candles suggest potential reversal or retracement
- Green candles with bearish closes indicate sustained selling pressure
📊 Momentum Analysis Table:
Displays real-time percentage measurements:
- CC: Current candle strength with trend multiplier (1.3x in-trend, 0.7x counter-trend)
- PC1: Previous candle's strength with same multipliers for momentum comparison
- PC2: Two bars back measurement for trend development validation
🔍 Advanced Features:
- Real-time momentum tracking through percentage-based measurements
- Institutional order flow visualization
- High-volume candle identification
- Dynamic trend strength confirmation
🎯 Strategic Applications:
- Trend confirmation and reversal identification
- Optimal entry and exit point detection
- Risk management through zone identification
- Market positioning assessment
Designed to combines technical precision with visual clarity for enhanced decision-making focusing on premium and discount
MMM Candle Bias Volume Trend % Matrix Pro @MaxMaserati 📊 MMM Candle Bias Volume Trend % Matrix Pro 📊
🔍 Overview
A sophisticated yet intuitive market analysis tool that combines volume analysis, trend detection, and momentum scoring to provide clear trading signals. This indicator helps traders identify market control between buyers and sellers using a unique scoring system based on volume, price action, and multi-timeframe alignment.
This professional-grade tool is designed to enhance your trading decisions through clear visual signals and comprehensive market analysis.
🧩 Core Components
📈 Volume Analysis System
- Compares current volume to 20-period average
- Identifies high-volume periods (1.5x above average)
- Uses volume confirmation for signal strength
- Integrates volume trends across multiple timeframes (240min, 60min, current)
🔧 Advanced Features
- Multiple timeframe analysis (240, 60, current)
- Perfect alignment detection (+)
- Early warning system for trend changes
- Momentum scoring across timeframes
- Volume-trend correlation analysis
- Trend alignment confirmation
🎯 Market Control Measurement
- Analyzes candlestick patterns and body ratios
- Calculates buyer/seller control percentages
- Monitors trend strength across timeframes
- Tracks consecutive directional movements
- Identifies perfect alignments (+) across timeframes
🏷️ Label Understanding
Direction Arrows:
- ↗️ = Uptrend in progress
- ↘️ = Downtrend in progress
- → = Sideways/Neutral trend
Volume Indicator:
- 🔊 = High volume (1.5x above average volume)
Exit Warnings:
- XXX = Strongest exit signal (high volume reversal)
- XX = Strong exit warning
🚦 Visual Signals
- Green bars: Bull Control %
- Red bars: Bear Control %
- Direction Arrows: ↗️ (Up), ↘️ (Down), → (Sideways)
- Volume Alert: 🔊 (High Volume)
- Perfect Alignment: + (All timeframes aligned)
- Exit Warnings: XXX, XX (Risk Levels)
⚠️ Exit Signals
- XXX: Immediate exit (strong reversal with volume)
- XX: Strong warning (deteriorating conditions)
- X: Initial caution signal
- More urgent when losing perfect alignment (+)
📝 Labels Combination significance
- ↗️🔊+ = Perfect uptrend with volume confirmation
- ↘️🔊+ = Perfect downtrend with volume confirmation
- ↗️+ = Perfect uptrend alignment
- ↘️🔊XX = Downtrend with volume and exit warning
⭐ Perfect Alignment (+)
Indicates:
- All timeframes in agreement (240min, 60min, current)
- Strong momentum (above 60%)
- Clear trend direction
- Highest probability setups
- Best for position entries
🌟 Special Signals
🔄 Trend Shifts
- "Strong ⬆️" or "Strong ⬇️": Major momentum moves
- "Early": Potential trend formation
- "⬆️ Trend Shift" or "⬇️ Trend Shift": Potential Major trend change alerts
- Requirements: 60%+ control, 3+ consecutive bars
- Enhanced reliability with + alignment
📍 Signal Zones & Interpretation
💪 Strong Zone (70%+ Control)
- Highest probability trading opportunities
- Perfect for full position sizing
- Requires volume confirmation (🔊)
- Enhanced reliability with perfect alignment (+)
- Best for confident directional trades
✅ Confirmed Zone (60-70% Control)
- Solid trading opportunities
- Recommended for reduced position sizes
- Look for consecutive confirmations
- Must have volume support (🔊)
- More valuable with perfect alignment (+)
📋 Trading Strategy Guide
💯 For Strong Signals (>70%)
1. Wait for bar confirmation above 70%
2. Confirm high volume presence (🔊)
3. Check for perfect alignment (+)
4. Monitor for XXX exit signals
5. Set wider stops based on volatility
✔️ For Confirmed Signals (60-70%)
1. Require volume confirmation (🔊)
2. Look for perfect alignment (+)
3. Look for multiple confirmations
4. Set tighter stops
5. Exit quickly on XX or XXX signals
General Uses
📥 Best Entry
1. Wait for + symbol with volume (🔊)
2. Confirm trend direction (↗️ or ↘️)
3. Check control percentage (preferably 70%+)
4. Look for consecutive aligned bars
5. Enter with appropriate position size
⚖️ Risk Management
- Quick exits: Honor XXX warnings
- Tight stops: Required for 60-70% zone trades
- Volume confirmation: Essential for all entries
- Perfect alignment (+): Allows for larger position sizes
Remember: This indicator serves as a market strength meter. Perfect alignments (+) with higher percentages and multiple confirmations indicate the strongest signals. Always combine with proper risk management and additional technical analysis for optimal results.
Note: Past performance doesn't guarantee future results. This is a tool to help your trading decisions. Always combine it with other technical analysis and proper risk management for best results.
CandelaCharts - Imbalance Concepts 📝 Overview
Imbalance Concepts is an advanced toolkit rooted in ICT (Inner Circle Trader) principles, specifically designed to identify and highlight critical areas of support and resistance within financial markets. This toolkit focuses on detecting market imbalances that can indicate potential turning points or high-probability zones for price action.
The key components of the toolkit include:
Fair Value Gaps (FVG)
Inversion Fair Value Gaps (IFVG)
Balanced Price Range (BPR)
Volume Imbalances (VI)
Opening Gaps (OG)
The toolkit automatically detects these imbalances and visually marks them on charts, allowing traders to quickly identify key zones for analysis. This enables more informed decision-making, as these imbalances often signal the potential for major market shifts, reversals, or continuation patterns.
By integrating Imbalance Concepts, traders can focus on critical price areas that have a high likelihood of influencing future price action.
📦 Features
The Imbalance Concepts toolkit provides a robust set of features aimed at improving trading accuracy and decision-making. Key features include:
MTF
Mitigation
Consequent Encroachment
Threshold
Hide Overlap
Advanced Styling
⚙️ Settings
Show: Controls whether Imbalances are displayed on the chart.
Show Last: Sets the number of Imbalances you want to display.
Length: Determines the length of each Imbalance.
Mitigation: Highlights when an Imbalance has been touched, using a different color without marking it as invalid.
Timeframe: Specifies the timeframe used to detect Imbalances.
Threshold: Sets the minimum gap size required for Imbalance detection on the chart.
Show Mid-Line: Configures the midpoint line's width and style within the Imbalance. (Consequent Encroachment - CE)
Show Border: Defines the border width and line style of the Imbalance.
Hide Overlap: Removes overlapping Imbalances from view.
Extend: Extends the Imbalance length to the current candle.
Elongate: Fully extend the Imbalance length to the right side of the chart.
⚡️ Showcase
Fair Value Gaps (FVG)
Inversion Fair Value Gaps (IFVG)
Balanced Price Range (BPR)
Volume Imbalances (VI)
Opening Gaps (OG)
📒 Usage
The key components of trading imbalances include:
Step 1 – Identify Market Trend: Begin by determining the market trend for the asset, whether it is bullish or bearish.
Step 2 – Locate Premium and Discount Zones: In a bearish market, focus on identifying the premium Imbalance, while in a bullish market, look for the discount Imbalance.
Step 3 – Detect Liquidity Sweep: After identifying the trend, the next step is to spot a liquidity sweep, which often indicates a potential price reversal or continuation.
Step 4 – Detect Change In State of Delivery: Following the liquidity sweep, the next step is to recognize a CISD, which frequently serves as a confirmation of a potential price reversal.
Step 5 – Execute the Trade: In a bullish market, wait for the price to retrace and test the discount imbalance, aiming to balance the price movement before entering the trade.
NOTES:
You always short only on Premium, and long on Discount.
Fair Value Gaps (FVG)
Inversion Fair Value Gaps
Balanced Price Range
🚨 Alerts
The indicator provides the ability to set alerts for various significant market events related to its core features.
You can configure alerts for the following key events:
Fair Value Gaps Formation (+B/-B)
Inversion Fair Value Gaps Formation (+B/-B)
Balanced Price Range Formation (+B/-B)
Volume Imbalances Formation (+B/-B)
Opening Gaps Formation (+B/-B)
⚠️ Disclaimer
These tools are exclusively available on the TradingView platform.
Our charting tools are intended solely for informational and educational purposes and should not be regarded as financial, investment, or trading advice. They are 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 these tools for financial decisions. By using these charting tools, the purchaser agrees that the seller and creator hold no responsibility for any decisions made based on information provided by the tools. The purchaser assumes full responsibility and liability for any actions taken and their consequences, including potential financial losses or investment outcomes that may result from the use of these products.
By purchasing, the customer acknowledges and accepts that neither the seller nor the creator is liable for any undesired outcomes stemming from the development, sale, or use of these products. Additionally, the purchaser agrees to indemnify the seller from any liability. If invited through the Friends and Family Program, the purchaser understands that any provided discount code applies only to the initial purchase of Candela's subscription. The purchaser is responsible for canceling or requesting cancellation of their subscription if they choose not to continue at the full retail price. In the event the purchaser no longer wishes to use the products, they must unsubscribe from the membership service, if applicable.
We do not offer reimbursements, refunds, or chargebacks. Once these Terms are accepted at the time of purchase, no reimbursements, refunds, or chargebacks will be issued under any circumstances.
By continuing to use these charting tools, the user confirms their understanding and acceptance of these Terms as outlined in this disclaimer.
Stochastic candles "Stochastic Candles" is designed to provide higher timeframe stochastic calculations and enhance the chart with additional visual aids like colored candles and EMA plotting.
Features of the Script:
Higher Timeframe Stochastic Calculation:
This indicator computes the stochastic %K and %D values for a specified higher timeframe and ensures these values are fetched for the higher timeframe data.
Dynamic Label Placement:
The script places labels on the chart displaying the %K and %D values above and below the bars, respectively.
Labels are dynamically deleted after being updated, ensuring only the latest values are visible.
Candle Coloring:
Candles are colored blue if %K > %D, yellow if %D > %K, and retain the default color otherwise.
Exponential Moving Average (EMA):
This indicator work fine . Consolidate market put effects on its performance .
MACD MTFThis table is a technical indicator that shows the proximity between the MACD line and the signal line of the multitemporal MACD (Moving Average Convergence Divergence) indicator. When the crossover is bullish, the timeframe will light up in green, and vice versa, if the crossover is bearish, the timeframe will light up in red. With this table, we can save time when detecting opportunities, as with one glance, we can spot potential MACD crossovers (which tend to indicate price action inflection points).
Esta tabla es un indicador técnico que muestra la proximidad entre la línea MACD y la línea de señal del indicador MACD (Moving Average Convergence Divergence) multitemporalmente. Cuando el cruce es alcista la temporalidad se iluminará en verde, y viceversa, si el cruce es bajista la temporalidad se iluminará en rojo. Con esta tabla podremos ahorrar tiempo a la hora de detectar oportunidades, pues de un vistazo podremos detectar posibles cruces de MACD (tienden a señalar puntos de inflexión en la acción de precio)
ADVDEC.US OSCILLATORThis Pine Script implements an ADVDEC.US Oscillator, which is an indicator designed to analyze the Advance-Decline index (ADVDEC.US) with multiple smoothing techniques and timeframes. Here's what the script does:
Symbol and Inputs:
- The script is based on the ADVDEC.US index, which measures the difference between advancing and declining stocks.
Users can adjust several settings:
- Lookback Period: Defines the number of periods over which the highest and lowest values of the ADVDEC.US index are calculated.
- Smoothing Period: Smooths the oscillator with a simple moving average (SMA) to reduce market noise.
- EMA Period: Applies an Exponential Moving Average (EMA) to the smoothed oscillator for further trend analysis.
- MTF Period: Allows for fetching data from a specified timeframe (default is 5 minutes).
Calculation:
- It calculates the highest and lowest values of the ADVDEC index over the defined lookback period.
- It normalizes the ADVDEC value into a percentage between 0 and 100, representing the position of the current value relative to the range over the lookback period.
- This raw oscillator is then smoothed with an SMA to reduce choppiness.
- Finally, an EMA is calculated on the smoothed oscillator to emphasize the trend direction.
Thresholds:
- Horizontal lines are plotted at key levels (70, 30, and 50) for visual reference, offering an "RSI-style" interpretation of the oscillator.
- The upper and lower thresholds can indicate overbought/oversold conditions, while the midline helps identify neutral levels.
Visualization:
- The smoothed oscillator is plotted in blue.
- The EMA of the smoothed oscillator is plotted in orange.
In summary, this indicator aims to visualize the relationship between advancing and declining stocks with added smoothing and trend-following elements, providing an easy-to-interpret oscillator that can be used for market analysis or decision-making.
Day Break LinesDay Break Lines Indicator
The Day Break Lines Indicator is a simple tool designed to enhance your chart analysis by visually marking the start of a new trading day with vertical lines. This is particularly useful for intraday traders and those analyzing time-based price movements.
Key Features:
Automatically detects the start of a new trading day.
Draws customizable vertical lines that span the entire visible chart height.
Fully customizable line attributes, including:
Color: Choose a transparent or solid color.
Width: Adjust line thickness (1-5).
Style: Select solid, dotted, or dashed lines.
Quarter Shift IdentifierQuarter Shift Identifier
This indicator helps traders and analysts identify significant price movements between quarters. It calculates the percentage change from the close of the previous quarter to the current price and signals when this change exceeds a 4% threshold.
Key Features:
• Automatically detects quarter transitions
• Calculates quarter-to-quarter price changes
• Signals significant shifts when the change exceeds 4%
• Displays blue up arrows for bullish shifts and red down arrows for bearish shifts
How it works:
1. The script tracks the closing price of each quarter
2. When a new quarter begins, it calculates the percentage change from the previous quarter's close
3. If the change exceeds 4%, an arrow is plotted on the chart
This tool can be useful for:
• Identifying potential trend changes at quarter boundaries
• Analyzing seasonal patterns in price movements
• Supplementing other technical analysis tools for a comprehensive market view
Recommended Timeframes are Weekly and Daily.
Disclaimer:
This indicator is for informational and educational purposes only. It is not financial advice and should not be the sole basis for any investment decisions. Always conduct your own research and consider your personal financial situation before trading or investing. Past performance does not guarantee future results.
Multi Timeframe Market Formation [LuxAlgo]The Multi Timeframe Market Formation tool allows traders to analyze up to 6 different timeframes simultaneously to discover their current formation, S/R levels and their degree of synchronization with the current chart timeframe. Multi timeframe analysis made easy.
🔶 USAGE
By default, the tool displays the chart's timeframe formation plus up to 5 other formations on timeframes higher than the one in the chart.
When the chart formation is synchronized with any enabled timeframe formation, the tool displays labels and a trailing channel, it uses a gradient by default, so the more timeframes are synchronized, the more visible the labels and the trailing channel are.
All timeframes enabled in the settings panel must be higher than the chart timeframe, otherwise the tool will display an error message.
🔹 Formations
A formation is a market structure defined by a lower and an upper boundary (also known as support & resistance).
Each formation has a different symbol and color to identify it at a glance.
It helps traders to know the current market behavior and the tool displays up to 5 of them.
BULLISH (green ▲): higher high and higher low
BEARISH (red ▼): lower high and lower low
CONTRACTION (orange ◀): lower high and higher low
EXPANSION (blue ▶): higher high and lower low
SIDEWAYS (yellow ◀): Any that does not fit with the others
🔹 Multi Timeframe Formations
The tool displays up to 6 different timeframe formations, the chart timeframe plus 5 more configurable from the settings panel.
Each of them has an upper and lower limit, a timeframe, a color and an icon.
If a bound level is shared by more than one formation, the timeframes and symbols are displayed on the same line.
These are significant levels shared by different timeframes and traders need to be aware of them.
🔹 Sync With Chart Timeframe
If the current formation on the chart timeframe is in sync with any of the timeframes enabled in the settings panel, the tool will display this on the chart.
The more timeframes are in sync, the more they are visible, providing a clear visual representation of the common market behavior on multiple timeframes at the same time.
🔶 SETTINGS
Formation size: Size of market formations on the chart timeframe
🔹 Timeframes
TF1 to TF5: Activate/deactivate timeframe, set size of market formation and activate/deactivate high and low levels
🔹 Style
Show Labels: Enable/Disable Timeframe Sync Labels
Transparency Gradient: Enable/Disable Transparency Gradient
Show Trailing Channel | Multiplier: Enable/Disable Trailing Channel and set multiplier
Color for each formation
Compare Symbol [LuxmiAI]This indicator allows users to plot candles or bars for a selected symbol and add a moving average of their choice as an underlay. Users can customize the moving average type and length, making it versatile for a wide range of trading strategies.
This script is designed to offer flexibility, letting traders select the symbol, timeframe, candle style, and moving average type directly from the input options. The moving averages include the Exponential Moving Average (EMA), Simple Moving Average (SMA), Weighted Moving Average (WMA), and Volume-Weighted Moving Average (VWMA).
Features of the Script
This indicator provides the following key features:
1. Symbol Selection: Users can input the ticker symbol for which they want to plot the data.
2. Timeframe Selection: The script allows users to choose a timeframe for the symbol data.
3. Candle Styles: Users can select from three styles - regular candles, bars, or Heikin-Ashi candles.
4. Moving Average Options: Users can choose between EMA, SMA, WMA, and VWMA for added trend analysis.
5. Customizable Moving Average Length: The length of the moving average can be adjusted to suit individual trading strategies.
How the Script Works
The script starts by taking user inputs for the symbol and timeframe. It then retrieves the open, high, low, and close prices of the selected symbol and timeframe using the request.security function. Users can select between three candle styles: standard candles, bars, and Heikin-Ashi candles. If Heikin-Ashi candles are selected, the script calculates the Heikin-Ashi open, high, low, and close values.
To add further analysis capabilities, the script includes a moving average. Traders can select the moving average type from EMA, SMA, WMA, or VWMA and specify the desired length. The selected moving average is then plotted on the chart to provide a clear visualization of the trend.
Step-by-Step Implementation
1. Input Options: The script starts by taking inputs for the symbol, timeframe, candle style, moving average type, and length.
2. Data Retrieval: The script fetches OHLC data for the selected symbol and timeframe using request.security.
3. Candle Style Logic: It determines which candle style to plot based on the user’s selection. If Heikin-Ashi is selected, the script calculates Heikin-Ashi values.
4. Moving Average Calculation: Depending on the user’s choice, the script calculates the selected moving average.
5. Visualization: The script plots the candles or bars and overlays the moving average on the chart.
Benefits of Using This Indicator
This custom indicator provides multiple benefits for traders. It allows for quick comparisons between symbols and timeframes, helping traders identify trends and patterns. The flexibility to choose different candle styles and moving averages enhances its adaptability to various trading strategies. Additionally, the ability to customize the moving average length makes it suitable for both short-term and long-term analysis.
QuantFrame | FractalystWhat’s the purpose of this indicator?
The purpose of QuantFrame is to provide traders with a systematic approach to analyzing market structure, eliminating subjectivity, and enhancing decision-making. By clearly identifying and labeling structural breaks, QuantFrame helps traders:
1. Refine Market Analysis: Transition from discretionary market observation to a structured framework.
2. Identify Key Levels: Highlight important liquidity and invalidation zones for potential entries, exits, and risk management.
3. Streamline Multi-Timeframe Analysis: Track market trends and structural changes across different timeframes seamlessly.
4. Enhance Consistency: Reduce guesswork by following a rule-based methodology for identifying structural breaks.
How Does This Indicator Identify Market Structure?
1. Swing Detection
• The indicator identifies key swing points on the chart. These are local highs or lows where the price reverses direction, forming the foundation of market structure.
2. Structural Break Validation
• A structural break is flagged when a candle closes above a previous swing high (bullish) or below a previous swing low (bearish).
• Break Confirmation Process:
To confirm the break, the indicator applies the following rules:
• Valid Swing Preceding the Break: There must be at least one valid swing point before the break.
3. Numeric Labeling
• Each confirmed structural break is assigned a unique numeric ID starting from 1.
• This helps traders track breaks sequentially and analyze how the market structure evolves over time.
4. Liquidity and Invalidation Zones
• For every confirmed structural break, the indicator highlights two critical zones:
1. Liquidity Zone (LIQ): Represents the structural liquidity level.
2. Invalidation Zone (INV): Acts as Invalidation point if the structure fails to hold.
What do the extremities show us on the charts?
When using QuantFrame for market structure analysis, the extremities—Liquidity Level (LIQ) and Invalidation Level (INV)—serve as critical reference points for understanding price behavior and making informed trading decisions.
Here's a detailed explanation of what these extremities represent and how they function:
Liquidity Level (LIQ)
Definition: The Liquidity Level is a key price zone where the market is likely to retest, consolidate, or seek liquidity. It represents areas where orders are concentrated, making it a high-probability reaction zone.
Purpose: Traders use this level to anticipate potential pullbacks or continuation patterns. It helps in identifying areas where price may pause or reverse temporarily due to the presence of significant liquidity.
Key Insight: If a candle closes above or below the LIQ, it results in another break of structure (BOS) in the same direction. This indicates that price is continuing its trend and has successfully absorbed liquidity at that level.
Invalidation Level (INV)
Definition: The Invalidation Level marks the threshold that, if breached, signifies a structural shift in the market. It acts as a critical point where the current market bias becomes invalid.
Purpose: This level is often used as a stop-loss or re-evaluation point for trading strategies. It ensures that traders have a clear boundary for risk management.
Key Insight: If a candle closes above or below the INV, it signals a shift in market structure:
A closure above the INV in a bearish trend indicates a shift from bearish to bullish bias.
A closure below the INV in a bullish trend indicates a shift from bullish to bearish bias.
What does the top table display?
The top table in QuantFrame serves as a multi-timeframe trend overview. Here’s what it provides:
1. Numeric Break IDs Across Multiple Timeframes:
• Each numeric break corresponds to a confirmed structural break on a specific timeframe, helping traders track the most recent breaks systematically.
2. Trend Direction via Text Color:
• The color of the text reflects the current trend direction:
• Blue indicates a bullish structure.
• Red signifies a bearish structure.
3. Higher Timeframe Insights Without Manual Switching:
• The table eliminates the need to switch between timeframes by presenting a consolidated view of the market trend across multiple timeframes, saving time and improving decision-making.
What is the Multi-Timeframe Trend Score (MTTS)?
MTTS is a score that quantifies trend strength and direction across multiple timeframes.
How does MTTS work?
1. Break Detection:
• Analyzes bullish and bearish structural breaks on each timeframe.
2. Trend Scoring:
• Scores each timeframe based on the frequency and quality of bullish/bearish breaks.
3. MTTS Calculation:
• Averages the scores across all timeframes to produce a unified trend strength value.
How is MTTS interpreted?
• ⬆ (Above 50): Indicates an overall bullish trend.
• ⬇ (Below 50): Suggests an overall bearish trend.
• ⇅ (Exactly 50): Represents a neutral or balanced market structure.
How to Use QuantFrame?
1. Implement a Systematic Market Structure Framework:
• Use QuantFrame to analyze market structure objectively by identifying key structural breaks and marking liquidity (LIQ) and invalidation (INV) zones.
• This eliminates guesswork and provides a clear framework for understanding market movements.
2. Leverage MTTS for Directional Bias:
• Refer to the MTTS table to identify the multi-timeframe directional bias, giving you the broader market context.
• Align your trading decisions with the overall trend or structure to improve accuracy and consistency.
3. Apply Your Preferred Entry Model:
• Once the market context is clear, use your preferred entry model to capitalize on the identified structure and trend.
• Manage trades dynamically as price delivers, using the provided liquidity and invalidation zones for risk management.
What Makes QuantFrame Original?
1. Objective Market Structure Analysis:
• Unlike subjective methods, QuantFrame uses a rule-based approach to identify structural breaks, ensuring consistency and reducing emotional decision-making.
2. Multi-Timeframe Integration:
• The MTTS table consolidates trend data across multiple timeframes, offering a bird’s-eye view of market trends without the need to switch charts manually.
• This unique feature allows traders to align strategies with higher-timeframe trends for more informed decision-making.
3. Liquidity and Invalidation Zones:
• Automatically marks Liquidity (LIQ) and Invalidation (INV) zones for every structural break, providing actionable levels for entries, exits, and risk management.
• These zones help traders define their risk-reward setups with precision.
4. Dynamic Trend Scoring (MTTS):
• The Multi-Timeframe Trend Score (MTTS) quantifies trend strength and direction across selected timeframes, offering a single, consolidated metric for market sentiment.
• This score is visualized with intuitive symbols (⬆, ⬇, ⇅) for quick decision-making.
5. Numeric Labeling of Breaks:
• Each structural break is assigned a unique numeric ID, making it easy to track, analyze, and backtest specific market scenarios.
6. Systematic Yet Flexible:
• While it provides a structured framework for market analysis, QuantFrame seamlessly integrates with any trading style. Traders can use it alongside their preferred entry models, adapting it to their unique strategies.
7. Enhanced Market Context:
• By combining structural insights with directional bias (via MTTS), the indicator equips traders with a complete market context, enabling them to make better-informed decisions.
Terms and Conditions | Disclaimer
Our charting tools are provided for informational and educational purposes only and should not be construed as financial, investment, or trading advice. They are not intended to forecast market movements or offer specific recommendations. Users should understand that past performance does not guarantee future results and should not base financial decisions solely on historical data.
Built-in components, features, and functionalities of our charting tools are the intellectual property of @Fractalyst use, reproduction, or distribution of these proprietary elements is prohibited.
By continuing to use our charting tools, the user acknowledges and accepts the Terms and Conditions outlined in this legal disclaimer and agrees to respect our intellectual property rights and comply with all applicable laws and regulations.
Customizable MTF Multiple Moving AveragesTitle:
Customizable Multiple Moving Averages with Dynamic Colors
Description:
This script allows you to calculate up to three customizable moving averages, offering the flexibility to choose from multiple moving average types:
SMA (Simple Moving Average)
EMA (Exponential Moving Average)
WMA (Weighted Moving Average)
VWMA (Volume Weighted Moving Average)
SMMA (Smoothed Moving Average)
Key Features:
Separate Timeframe for Each Moving Average:
Each moving average can be calculated on a different timeframe. For instance, you can display a 1D moving average while working on a 4H chart.
Dynamic Colors:
Moving averages dynamically change color based on their trend:
Uptrend Color: When the moving average is increasing compared to the previous bar of its timeframe.
Downtrend Color: When the moving average is decreasing.
Full Customization:
Length: Adjust the period for each moving average.
Source: Choose any price data source (e.g., close, open, high, low).
Colors: Set custom colors for uptrend and downtrend behavior.
Perfect For:
Multi-Timeframe Trend Analysis:
Observe trends from higher timeframes without switching your current chart.
Crossover Strategies:
Combine multiple moving averages to identify entry and exit signals.
How to Use:
Load the Script: Apply it to your chart.
Configure Inputs: Adjust each moving average's settings from the input panel.
Analyze Trends: Visualize dynamic trend movements with easy-to-identify colors.
Example Configuration:
Set MA1 to a 50-period EMA on a 4H timeframe.
Set MA2 to a 100-period SMMA on a 1D timeframe.
Set MA3 to a 200-period VWMA on a 1W timeframe.
EBL - Enigma BOS Logic Select Higher Time FrameThe "EBL – Enigma BOS Logic" is a unique multi-timeframe trading indicator designed for traders who rely on structured price action and key level retests to find high-probability trade opportunities. This indicator automates the identification of significant price levels on a higher timeframe, plots them across all lower timeframes, and provides actionable signals (buy/sell) when price retests those levels. It is ideal for traders who focus on lower timeframes for precise entries while using higher timeframe structure for trend confirmation.
How the Indicator Works
Key Level Detection:
The indicator allows the user to select a key level timeframe (e.g., 1H, 4H, Daily, Weekly). It then identifies Break of Structure (BOS) levels on the selected timeframe.
When a bullish-to-bearish or bearish-to-bullish reversal is detected on the selected timeframe, the corresponding high or low of the reversal candle is stored as a key level.
These key levels are plotted as horizontal lines on all lower timeframes, helping the trader visualize critical support and resistance zones across multiple timeframes.
Retest Confirmation:
Once a key level is established, the indicator continuously monitors the price action on lower timeframes.
If the price touches or crosses a key level, it is considered a retest, and an alert is generated.
The indicator plots a retest marker (customizable as a circle or diamond) at the exact price level where the retest occurred, providing a clear visual cue for the trader.
Trading Signals:
When a retest is detected, a table is displayed on the chart with the following information:
The trading pair.
The signal direction (Buy/Sell).
The price at which the retest occurred.
This table gives traders instant insight into actionable opportunities, making it easier to focus on live market conditions without missing critical retests.
Key Features
Multi-Timeframe Analysis: The indicator focuses on a higher timeframe selected by the user, ensuring that only the most relevant key levels are plotted for lower timeframe trading.
Dynamic Retest Signals: It dynamically identifies when price retests a key level and provides both visual markers and real-time alerts.
Customizable Retest Markers: Users can customize the retest marker's shape (circle/diamond) and color to suit their preferences.
Signal Table: A built-in table displays clear buy or sell signals when retests occur, ensuring that traders have all the necessary information at a glance.
Alerts: The indicator supports real-time alerts for retests, helping traders stay informed even when they are not actively monitoring the chart.
How to Use the Indicator
Select a Key Level Timeframe:
In the input settings, choose a higher timeframe (e.g., 4H or Daily) to define key levels.
The indicator will calculate Break of Structure (BOS) levels on the selected timeframe and plot them as horizontal lines across all lower timeframes.
Monitor Lower Timeframes for Retests:
Switch to a lower timeframe (e.g., 15m, 5m) to wait for price to approach the key levels plotted by the indicator.
When a retest occurs, observe the signal table and retest marker for actionable trade signals.
Act on Buy/Sell Signals:
Use the information provided by the signal table to make trading decisions.
For a buy signal, wait for bullish confirmation (e.g., price holding above the retested level).
For a sell signal, wait for bearish confirmation (e.g., price holding below the retested level).
Trading Concepts and Underlying Logic
The indicator is based on the Break of Structure (BOS) concept, a core principle in price action trading. BOS levels represent points where the market shifts its trend direction, making them critical zones for potential reversals or continuations.
By focusing on higher timeframe BOS levels, the indicator helps traders align their lower timeframe entries with the overall market trend.
The concept of retests is used to confirm the validity of a key level. A retest occurs when the price returns to a previously identified BOS level, offering a high-probability entry point.
Use Cases
Scalping: Traders who prefer lower timeframe scalping can use the indicator to align their trades with higher timeframe key levels, increasing the likelihood of successful trades.
Swing Trading: Swing traders can use the indicator to identify key reversal zones on higher timeframes and plan their trades accordingly.
Intraday Trading: Intraday traders can benefit from the real-time alerts and signals generated by the indicator, ensuring they never miss critical retests during active trading hours.
Conclusion
The "EBL – Enigma BOS Logic" is a powerful tool for traders who want to enhance their price action trading by focusing on key levels and retests across multiple timeframes. By automating the identification of BOS levels and providing clear retest signals, it helps traders make more informed and confident trading decisions. Whether you are a scalper, intraday trader, or swing trader, this indicator offers valuable insights to improve your trading performance.
Multi-Timeframe Volatility ATR - [by Oberlunar]This script (for now in beta release) is specifically designed for scalping or traders operating on lower timeframes (if you are in a timeframe of one minute wait one minute to collect statistics). Its primary purpose is to provide detailed insights into market volatility by calculating the ATR (Average True Range) and its percentage changes, allowing traders to quickly identify shifts in market conditions.
The ATR is calculated across six user-defined timeframes, which can include very short intervals such as 5 or 15 seconds. This setup enables real-time monitoring of volatility, which is critical for scalping strategies. The script collects a rolling history of the last five ATR values for each timeframe. These historical values are used to calculate percentage changes by comparing the current ATR with the oldest value in the history, offering a clear view of how volatility is evolving over time.
Percentage changes are displayed dynamically in a table, with color-coded feedback to indicate the direction of the change: green for increases, red for decreases, and gray for stability or insufficient data. This visual representation makes it easy to spot whether market volatility is rising or falling at a glance.
By progressively collecting data, the script becomes increasingly effective as more ATR values are accumulated. This functionality is especially useful for traders on lower timeframes, where rapid changes in volatility can signal breakout opportunities or shifts in market dynamics.
Soon I will update personalized ATR parameters, and lookback strategies for statistics.
BarbellFX ORBThe Opening Range Breakout (ORB) strategy is a popular day trading method that focuses on the first few minutes or hours of trading. Here's how it works:
The opening range is defined as a specific time period after the market opens (commonly the first 15-30 minutes)
Traders identify the high and low prices during this opening range
These prices become support and resistance levels
Trading signals are generated when the price breaks above or below these levels:
A breakout above the opening range high suggests going long
A break below the opening range low suggests going short