ATR % Line from LoD/HoDATR % Line Trading Indicator - Entry Filter Tool
This Pine Script creates a sophisticated ATR (Average True Range) percentage-based entry filter indicator for TradingView that helps traders avoid buying overextended stocks and identify optimal entry zones based on volatility.
Core Functionality - Entry Discipline
The script calculates a maximum entry threshold by taking a percentage of the Average True Range (ATR) and projecting it from the current day's low. This creates a dynamic "no-buy zone" that adapts to market volatility, helping traders avoid purchasing stocks that have already moved too far from their daily base.
Key Calculation:
Measures the ATR over a specified period (default: 14 bars)
Takes a user-defined percentage of that ATR (default: 25%)
Projects this distance from the day's low to establish a maximum entry threshold
Entry Rule: Avoid buying when price exceeds this ATR% level from the daily low or high.
Visual Features
Entry Threshold Line:
Draws a horizontal line at the calculated maximum entry level
Line extends forward for clear visualization of the "no-buy zone"
Red zones above this line indicate overextended conditions
Fully customizable appearance with color, width, and style options
Smart Entry Alerts:
Optional labels show the ATR percentage threshold and exact price level
Visual confirmation when stocks are trading in acceptable entry zones vs. extended areas
Real-Time Monitoring Table:
Displays current distance from daily low as ATR percentage
Shows whether current price is in "safe entry zone" or "extended territory"
Customizable display options for clean chart analysis
Practical Applications for Entry Management
Avoiding Extended Entries:
Primary Use: Don't initiate long positions when price is more than X% ATR from the daily low
Prevents buying stocks that have already made their daily move
Reduces risk of buying at temporary tops within the trading session
Entry Zone Identification:
Price trading below the ATR% line = potential entry opportunity
Price trading above the ATR% line = wait for pullback or skip the trade
Combines volatility analysis with momentum discipline
Risk Management Benefits:
Improved Entry Timing: Enter closer to daily support levels
Better Risk/Reward: Shorter distance to stop loss (daily low)
Reduced Chasing: Systematic approach prevents FOMO-driven entries
Volatility Awareness: Higher volatility stocks get wider acceptable entry ranges
Configuration for Entry Filtering
Key Settings for Entry Management:
ATR Percentage: Set your maximum acceptable extension (15-30% common for day trading)
Reference Point: Use "Low" to measure extension from daily base
Line Style: Make highly visible to clearly see entry threshold
Alert Integration: Visual confirmation of entry-friendly zones
Typical Usage Scenarios:
Conservative Entries: 15-20% ATR from daily low
Moderate Extensions: 25-35% ATR for stronger momentum plays
Aggressive Setups: 40%+ ATR for breakout situations (use with caution)
Entry Strategy Integration
Pre-Market Planning:
Set ATR% threshold based on stock's typical volatility
Identify key levels where entries become unfavorable
Plan alternative entry strategies for extended stocks
Intraday Execution:
Monitor real-time ATR% extension from daily low
Avoid new long positions when threshold is exceeded
Wait for pullbacks to re-enter acceptable entry zones
This tool transforms volatility analysis into practical entry discipline, helping traders maintain consistent entry standards and avoid the costly mistake of chasing overextended stocks. By respecting ATR-based extension limits, traders can improve their entry timing and overall trade profitability.
Indicators and strategies
HA Background ColorThis indicator colors the entire chart background based on the current Heikin Ashi candle direction:
🟩 Green background = Bullish Heikin Ashi candle
🟥 Red background = Bearish Heikin Ashi candle
EMA Crossover with Volume + Stacked TP & Trailing SLI am relatively new here. Here is my humble contribution to the community. Simple does it! Ema 21,55 with volume. Surprisingly high win rates and good profit factors on USDJPY, EURJPY, BTCUSD, XAGUSD,XAUUSD, USOIL, USDCAD, EURGBP and AUDNZD. I cannot write a single line of code. I used Copilot for this.
Invencible MACD Strategy Scalping)Invencible MACD Strategy
The Invencible MACD Strategy is a refined scalping system designed to deliver consistent profitability by optimizing the classic MACD indicator with trend and volatility filters. This strategy is built for short-term traders looking for precision entries and favorable risk-to-reward conditions on any asset and lower timeframes such as 1m, 5m, or 15m.
Core Logic
This strategy uses a multi-timeframe (MTF) approach to calculate the MACD, Signal Line, and Histogram. Trades are executed when all of the following conditions are met:
Long Entry:
The MACD crosses above the Signal Line.
The Histogram is rising with a defined impulse threshold.
Price is above the 200 EMA, confirming an uptrend.
Volatility, measured by ATR, is above a configurable minimum.
Short Entry:
The MACD crosses below the Signal Line.
The Histogram is falling with a defined impulse threshold.
Price is below the 200 EMA, confirming a downtrend.
ATR confirms sufficient volatility.
Risk Management
Take Profit is set higher than Stop Loss to ensure that the average winning trade is greater than the average losing trade.
Trailing stop is optional and can be disabled to allow full profit capture on strong moves.
Trade size is fixed to 1 contract, suitable for scalping with low exposure.
Customizable Parameters
MACD Fast, Slow, and Signal EMAs
Histogram impulse threshold
Minimum ATR filter
Take Profit and Stop Loss percentage
Trailing Stop activation and size
Timeframe resolution (can be customized or synced with chart)
Visual Aids
MACD and Signal Line are plotted below price.
Histogram bars help visualize momentum strength.
200 EMA is plotted on the main chart to show trend direction.
This strategy was designed to prioritize quality over quantity, avoiding weak signals and improving both the win rate and profit factor. It is especially effective on assets like gold (XAUUSD), indices, cryptocurrencies, and high-liquidity stocks.
Feel free to test and optimize parameters based on your trading instrument and timeframe.
Los 7 Capitales
Golden Launch Pad🔰 Golden Launch Pad
This indicator identifies high-probability bullish setups by analyzing the relationship between multiple moving averages (MAs). A “Golden Launch Pad” is formed when the following five conditions are met simultaneously:
📌 Launch Pad Criteria (all must be true):
MAs Are Tightly Grouped
The selected MAs must be close together, measured using the Z-score spread — the difference between the highest and lowest Z-scores of the MAs.
Z-scores are calculated relative to the average and standard deviation of price over a user-defined window.
This normalizes MA distance based on volatility, making the signal adaptive across different assets.
MAs Are Bullishly Stacked
The MAs must be in strict ascending order: MA1 > MA2 > MA3 > ... > MA(n).
This ensures the short-term trend leads the longer-term trend — a classic sign of bullish structure.
All MAs Have Positive Slope
Each MA must be rising, based on a lookback period that is a percentage of its length (e.g. 30% of the MA’s bars).
This confirms momentum and avoids signals during sideways or weakening trends.
Price Is Above the Fastest MA
The current close must be higher than the first (fastest) moving average.
This adds a momentum filter and reduces false positives.
Price Is Near the MA Cluster
The current price must be close to the average of all selected MAs.
Proximity is measured in standard deviations (e.g. within 1.0), ensuring the price hasn't already made a large move away from the setup zone.
⚙️ Customization Options:
Use 2 to 6 MAs for the stack
Choose from SMA, EMA, WMA, VWMA for each MA
Adjustable Z-score window and spread threshold
Dynamic slope lookback based on MA length
Volatility-adjusted price proximity filter
🧠 Use Case:
This indicator helps traders visually and systematically detect strong continuation setups — often appearing before breakouts or sustained uptrends. It works well on intraday, swing, and positional timeframes across all asset classes.
For best results, combine with volume, breakout structure, or multi-timeframe confirmation.
Market Energy – Trend vs Retest (with Saturation %)Market Energy – Trend vs Retest Indicator
This indicator measures the bullish and bearish energy in the market based on volume-weighted price changes.
It calculates two smoothed energy waves — bullish energy and bearish energy — using exponential moving averages of volume-adjusted price movements.
The indicator detects trend changes and retests by comparing the relative strength of these waves.
A saturation percentage quantifies the intensity of the current dominant side (bulls or bears) relative to recent highs.
- High saturation (>70%) indicates strong momentum and dominance by bulls or bears.
- Low saturation (<30%) suggests weak momentum and possible market indecision or consolidation.
The background color highlights the current control: green for bulls, red for bears, with transparency indicating the saturation level.
A label shows which side is currently in control along with the saturation percentage for quick interpretation.
Use this tool to identify strong trends, possible retests, and momentum strength to support your trading decisions.
Scalper Pro Pattern Recognition & Price Action👑Scalper Pro®👑Pattern Recognition & Price Action
i.postimg.cc
Introducing the ultimate trading robot designed for serious investors! Our advanced bot analyzes market cycles, tracks targets, sets stop losses, and expertly manages your capital. With powerful algorithms and real-time insights, it identifies opportunities and delivers accurate signals, ensuring you never miss a market move. Take control of your trading strategy and maximize your profits with our cutting-edge technology. Join the future of trading today—your expert assistant is ready to help you succeed!
💡 This is not just another indicator — it's a complete trading assistant that identifies structure, signals strength, and simplifies decision-making.
🚀 Plug it into your TradingView chart today and start seeing the market in a whole new way.
💬 Need help with access, backtesting, or have any questions about our indicators?
Our support team is available 24/7 on Telegram.
Just reach out through the link below: 👉 t.me
High Volume Small Body Finder What This Script Does:
Highlights candles where:
Body is small compared to the full candle range
Volume is much higher than the recent average
Use this on any chart (crypto, stocks, forex) to spot absorption, indecision, or potential reversal points.
Patrón Mecha ProfundaThis pattern must be combined with a 20-period moving average. It is used to know the direction of the price. When the pattern appears and the price is above the 20-period moving average, it is a bullish signal and vice versa.
Peak & Valley Screener RadarThis Pine Script indicator is designed to help traders and investors analyze the percentage distance of stock prices from their recent All-Time High (ATH) and All-Time Low (ALH) over a user-defined number of bars.
It functions as a multi-stock screener, scanning a customizable list of stocks (default: 40 BIST 500 stocks) and displaying results in a dynamic table on the chart.
The script identifies stocks that have pulled back more than a specified percentage from their ATH (potential buying opportunities) or risen less than a specified percentage from their ALH (potential caution zones).
Key Features:
Customizable Stock List: Users can input a comma-separated list of stock tickers (e.g., "AAPL,GOOGL,MSFT") to scan any symbols available on TradingView.
User-Defined Parameters: Adjust the lookback period (bars back, default 250), ATH pullback threshold (default 10%), and ALH rise threshold (default 10%).
Dynamic Table Display: Results are shown in a table with two columns: "Distance to TOP" (ATH pullbacks in red) and "Distance to BOTTOM" (ALH rises in green). The table includes input parameters for quick reference and can be positioned anywhere on the chart (top/bottom left/center/right).
Optional Plots: Toggle plots to visualize the percentage distances for the current chart symbol (red for ATH, green for ALH).
Efficient Data Handling: Uses request.security with tuples for optimized multi-symbol data fetching, supporting up to ~80 stocks without exceeding Pine Script limits (adjust table rows if needed for more).
Real-Time Updates: The table updates only on the last bar for performance efficiency.
How It Works:
The script calculates the highest high and lowest low over the specified bars for each stock.
It computes the percentage difference from the current close: negative for ATH (pullback) and positive for ALH (rise).
Stocks meeting the thresholds are listed in the table with their exact percentages.
Usage Tips:
Apply this indicator to any chart (e.g., a BIST index or stock) to run the screener in the background.
Ideal for swing traders scanning for undervalued stocks near ATH or overbought near ALH.
Note: Performance may vary with large stock lists due to TradingView's security call limits (~40-50 calls per script). Test with smaller lists if needed.
You can bypass the 40-stock limit by adding the indicator twice to the chart, entering 40 different stocks in the second indicator and setting a different table position from the first one, allowing you to scan 80 stocks simultaneously. In fact, this way, you can scan as many stocks as your plan's limits allow.
This script is released under the Mozilla Public License 2.0. Feedback and suggestions are welcome, but please adhere to TradingView's House Rules—no guarantees of profitability, use at your own risk.Disclaimer: This is not financial advice. Past performance does not predict future results. Always conduct your own research.
Patrón Mecha Profunda
This pattern must be combined with a 20-period moving average. It is used to know the direction of the price. When the pattern appears and the price is above the 20-period moving average, it is a bullish signal and vice versa.
Market Energy – Trend vs RetestShows who is in control of the market. The red lines are sellers in control and the green are the buyers in control
Advanced Supertrend StrategyA comprehensive Pine Script v5 strategy featuring an enhanced Supertrend indicator with multiple technical filters, risk management, and advanced signal confirmation for automated trading on TradingView.
## Features
- **Enhanced Supertrend**: Configurable ATR-based trend following with improved accuracy
- **RSI Filter**: Optional RSI-based signal filtering to avoid overbought/oversold conditions
- **Moving Average Filter**: Trend confirmation using SMA/EMA/WMA with customizable periods
- **Risk Management**: Built-in stop-loss and take-profit based on ATR multiples
- **Trend Strength Analysis**: Filters weak signals by requiring minimum trend duration
- **Breakout Confirmation**: Optional price breakout validation for stronger signals
- **Visual Interface**: Comprehensive chart plotting with multiple indicator overlays
- **Advanced Alerts**: Multiple alert conditions with detailed signal information
- **Backtesting**: Full strategy backtesting with commission and realistic execution
Midnight OpenMidnight Opening Price because there wasn't a single indicator that was specifically marking this.
MOC Delta MOO Entry
This model is a momentum-based futures strategy that uses the buy/sell delta during the MOC window (3:50–3:59 EST) to determine market sentiment. If the MOC delta exceeds a customizable percentage of total daily volume, a trade is triggered at the next day’s 9:30 open, but only if the price opens above or below the 15 and 30 SMAs (for long or short entries, respectively). All trades are exited at 3:50 PM EST on the same day.
Global Liquidity Sentiment (US / Europe / Asia) # Global Liquidity Sentiment Dashboard (US / Europe / Asia) with Alerts
## Summary
Aggregates broad liquidity (M2 or proxies) from the **U.S., Europe, and Asia** into a normalized global index, compares it to Bitcoin price, and derives a heuristic **market sentiment** (Optimistic / Neutral / Pessimistic). Highlights imbalances via divergence detection and surfaces regime shifts with visual cues and alerts.
## Key Features
- Weighted composite **Global Liquidity Index** (US M2 + Europe + Asia).
- **BTC / Liquidity ratio** showing how stretched Bitcoin is relative to available liquidity.
- **Sentiment signal** combining liquidity trend and price-to-liquidity momentum.
- **Divergence detection** when BTC moves disproportionately vs liquidity.
- Colored summary table with metrics, regional weight breakdown, and trend emphasis.
- Alert conditions for sentiment flips and strong divergence events.
## Visual Output
- **Top-right table** displaying:
- Global Liquidity Index (normalized)
- BTC / Liquidity ratio
- Ratio momentum
- Divergence (%) from recent baseline
- Sentiment (Optimistic / Neutral / Pessimistic) with translucent color background
- Regional weights (US / EU / Asia)
- **Line plots**:
- Blue: Global Liquidity Index
- Orange: BTC / Liquidity
- Gray: Smoothed ratio baseline for divergence context
## Inputs
- **US M2 Money Stock:** Real US broad money (via `FRED:WM2NS`).
- **Europe / Asia:** Optionally use live symbol proxies (if available) or manual values.
- **FX rates:** Convert non-USD regional series into USD for aggregation.
- **Weights:** Adjust the relative contribution of US, Europe, and Asia to the composite index.
- **Liquidity SMA length:** Short-term smoothing for trend detection on liquidity.
- **Price/Liquidity momentum length:** Lookback for momentum of BTC-to-liquidity relationship.
- **Divergence SMA & threshold:** Baseline and sensitivity for flagging strong deviations.
## Interpretation
- **Optimistic:** Liquidity expanding and BTC gaining relative strength—risk-friendly environment.
- **Pessimistic:** Liquidity contracting while BTC weakens vs liquidity—potential fragility or correction risk.
- **Neutral:** Mixed or inconclusive signals.
- **High BTC / Liquidity ratio:** Bitcoin may be overextended relative to global liquidity support.
- **Strong Divergence:** Significant dislocation between BTC price and liquidity trend—possible precursor to mean reversion or continuation depending on context.
## Alerts
Built-in alert conditions:
- **Sentiment to Optimistic / Pessimistic / Neutral** — triggers when regime shifts.
- **Strong Divergence** — triggers when BTC/liquidity ratio deviates beyond the configured threshold from its recent smoothed average.
Suggested alert messages (preconfigured):
- “Sentiment changed to Optimistic”
- “Sentiment changed to Pessimistic”
- “Sentiment changed to Neutral”
- “Strong divergence between BTC and global liquidity detected”
## Usage Tips
- Use the sentiment as a macro liquidity backdrop to contextualize BTC moves.
- Monitor divergence to catch overextensions or early signs of trend exhaustion.
- Tweak regional weights to reflect evolving global liquidity influence (e.g., give more weight to Asia as its footprint grows).
- If regional proxies aren’t available, regularly update manual values from official sources (ECB, BOJ, PBOC) to keep the index relevant.
## Limitations
- Europe/Asia liquidity may rely on manual inputs or imperfect proxies (TradingView may not expose official M2 for all regions).
- Heuristic sentiment and divergence are not standalone trade signals—validate with price structure / other confirmations.
- Does not replace high-fidelity on-chain, order book, or institutional flow data.
## Example Scenario
Bitcoin rallies sharply while the Global Liquidity Index flattens. The BTC / Liquidity ratio spikes, divergence crosses threshold, and sentiment shifts toward **Pessimistic**—indicating the move may be running ahead of underlying liquidity support, signaling caution or a possible retracement.
ombs- PONY Breakout Alert
🧠 תקציר הסקריפט: **PONY Breakout Alert 📈
🔍 **מטרה**:
לזהות **פריצה מעלה של רמת 14.15** תוך כדי **מחזור מסחר גבוה מהממוצע**, כדי לאתר **הזדמנות מסחר שורית**.
---
⚙️ רכיבי הסקריפט:
* 📌 **רמת כניסה**:
`entryLevel = 14.15`
* 📊 **תנאי כניסה**:
* סגירת מחיר **מעל 14.15**
* נפח מסחר **גבוה ב־20% מהממוצע ל־20 הימים האחרונים**
* 🔔 **התראה ויזואלית**:
* סמל ירוק "Entry" מופיע מתחת לנר על הגרף
* קווים קבועים לרמות יעד וסטופלוס
* 🎯 **יעדי רווח**:
* Target 1 – 15.15
* Target 2 – 16.00
* Target 3 – 17.00
* 🛑 **סטופלוס**:
* שמרני: 13.20
* אגרסיבי: 12.80
* 🔔 **התראה אוטומטית** (`alertcondition`):
תשלח הודעה:
*"PONY פרצה מעל 14.15 עם מחזור גבוה – שקול כניסה לעסקה."*
---
📝 מתאים עבור:
* סוחרי ניתוח טכני 🧮
* מי שמחפש כניסה מבוססת על פריצה + נפח 📊
* שימוש על גרף יומי בלבד 📅
---
🧠 Script Summary: PONY Breakout Alert 📈
🔍 Objective:
Detect a breakout above the 14.15 level accompanied by high trading volume, in order to identify a bullish trading opportunity.
⚙️ Script Components:
📌 Entry Level:
entryLevel = 14.15
📊 Entry Conditions:
Price closes above 14.15
Volume is 20% higher than the 20-day average
🔔 Visual Alert:
A green "Entry" label appears below the bar on the chart
Static horizontal lines mark targets and stop-loss levels
🎯 Profit Targets:
Target 1 – 15.15
Target 2 – 16.00
Target 3 – 17.00
🛑 Stop Loss:
Conservative: 13.20
Aggressive: 12.80
🔔 Automated Alert (alertcondition):
Sends a message:
"PONY has broken above 14.15 with high volume – consider a long position."
📝 Ideal For:
Technical traders 🧮
Those seeking breakouts confirmed by volume 📊
Daily chart setups only 📅
Auto Channel [SciQua]Auto Channel
Purpose
Auto Channel finds the single best parallel price channel from recent price action and keeps it updated in real time. It uses ZigZag pivots to build candidate channels, scores each candidate for quality, then plots the winner. When price closes outside the channel, the script flags a breakout and can fire alerts.
How it works
1. ZigZag pivots
The script uses TradingView’s TradingView/ZigZag/7 library to generate a stream of swing highs and lows based on a percentage reversal threshold and a leg depth. These pivots are the only points the channel logic evaluates, which keeps the search fast and focused on structure rather than noise.
2. Channel candidates
From the most recent pivots, the script forms all combinations of two swing highs and two swing lows.
It computes a slope for the high line and a slope for the low line and requires that they be nearly parallel within a user-defined tolerance.
3. Quality scoring and selection
For every valid candidate, the script checks the recent pivot segments against the trial channel and computes:
Inside ratio: fraction of tested pivots that sit fully inside the channel after applying the tolerance buffer.
Violation sum: total magnitude of the breaches for any pivots outside the channel.
Current width: distance between upper and lower lines at the current bar.
The “best” channel is chosen by:
1. highest inside ratio
2. then widest current width
3. then smallest violation sum
4. Plot and projection
The upper and lower lines are anchored to the chosen pivot pairs and extend to the left. The script also projects each line to the current bar to compute the live upper and lower channel prices. Those levels drive the breakout checks and alerts.
5. Breakouts and alerts
A breakout is detected when the bar closes above the projected upper line or closes below the projected lower line, after applying the tolerance buffer. Triangle markers highlight fresh breakouts, and you can enable alert conditions to automate notification or strategy handoff.
Inputs:
ZigZag
Price deviation for reversals (%)
Default 0.2. Larger values produce fewer, larger swings. Smaller values produce more, smaller swings.
Pivot legs
Default 2. Controls the lookback depth ZigZag uses to confirm pivots.
ZigZag Color
Visual only.
Tip: If you are not seeing a stable channel, increase the ZigZag percentage to reduce minor swings.
Channel search
Number of recent pivots to consider
Default 12. Higher values search more history and try more channel combinations. Lower values make the search faster and more reactive.
Max slope difference for parallel
Default 0.0005. Maximum allowed difference between the upper and lower line slopes. Smaller values enforce stricter parallelism.
Max price tolerance outside channel
Default 0.0. A buffer added to the channel boundaries during validation and breakout checks. Use this to ignore tiny wicks that poke the lines.
Minimum inside to outside pivots ratio for valid channel (0.00–1.00)
Default 1.00. Require that at least this fraction of checked pivots lie inside the channel. For a more permissive fit, try 0.60 to 0.85.
Styling
Upper Line Color
Lower Line Color
Breakout Above Color
Breakout Below Color
Plots and visuals
Upper channel line
Lower channel line
Triangle markers on the bar that first confirms a close outside the channel, above or below.
Lines extend left from their pivot anchors. Projection to the current bar is used internally to test for breakouts and to set alerts.
Alerts
The script defines two alert conditions:
Close Above Channel
Triggers when the bar closes above the projected upper line plus tolerance.
Close Below Channel
Triggers when the bar closes below the projected lower line minus tolerance.
Practical usage
Trend channels
In a steady trend, a high inside ratio with a moderate width often highlights the dominant channel. Consider trend entries near the lower line in an uptrend or near the upper line in a downtrend, with exits or stops beyond the opposite boundary.
Breakout trades
Combine the channel breakout alert with volume or a separate momentum filter. The tolerance input helps avoid false triggers from small wicks.
Tuning for timeframe and symbol
• Faster markets or lower timeframes usually benefit from a larger ZigZag percentage and a smaller pivot count.
• Slower markets or higher timeframes can use more pivots and a tighter slope difference to enforce cleaner geometry.
Notes and limitations
Channels are derived from ZigZag pivots. If your ZigZag settings change, the detected channel will also change.
The script plots only the single best channel at any time to keep the chart clean.
Breakout markers appear on confirmed bars. For historical bars, markers appear only where a breakout would have been confirmed at that time.
Lines extend left from their anchors. The script projects the lines internally to the current bar for checks and alerts.
License and attribution
License
Creative Commons Attribution-NonCommercial 4.0 International (CC BY-NC 4.0).
Open source for educational and personal use only. Commercial use requires written permission.
Attribution
© 2025 SciQua — Joshua Danford
Libraries
Uses TradingView/ZigZag/7.
Changelog
v1.0
Initial release. Automatic parallel channel detection from ZigZag pivots, quality scoring, live plotting, and close-based breakout alerts.
FAQ
Why do I not see any channel sometimes?
There may not be a valid pair of highs and lows that pass the slope, inside ratio, and tolerance checks. Loosen the constraints by increasing Max slope difference, lowering Minimum inside ratio, or increasing the ZigZag percentage.
The channel looks too narrow or too wide?
Adjust Number of recent pivots and Minimum inside ratio. A higher inside ratio tends to favor cleaner, sometimes wider channels. A lower ratio may admit narrower, more reactive channels.
How can I reduce false breakout alerts?
Increase Max price tolerance outside channel to ignore small wicks. Add a volume or momentum confirmation in your personal alert workflow.
Thank you for using Auto Channel . Feedback and improvements are welcome.
NY Session Open Levels This indicator automatically draws horizontal lines at the opening prices of the New York trading session at 08:30, 09:30, and 10:00 AM NY time. Each line is labeled and extended to the right, providing clear reference points for key intraday levels. The lines and labels reset daily and are ideal for identifying reaction zones during the early U.S. trading hours.