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TradeX ORB SniperTradeX ORB Sniper — Multi-Range Opening Breakout Framework This invite-only script is a structured Opening Range Breakout (ORB) tool designed to map price interaction with multiple predefined ranges. It is not a collection of generic settings — all versions and filters are coded in-house and connected through a shared logic engine. Purpose & Core Design The ORB Sniper provides four internally coded modes, each referencing a distinct opening range. Depending on market context, ranges may include: Pre-market session range 5-minute opening range 15-minute opening range Volume-adaptive range variations Each mode ensures consistent logic across timeframes, allowing traders to analyze breakout dynamics in a rule-based framework. Breakout Highlighting When price closes above or below the active range, the script highlights that candle in gold/yellow (“Get Ready Candle”). This highlight is informational only, serving as a visual marker of when price has left the defined range. Zone Projection & Box Mapping To help visualize breakout dynamics, the script plots risk and reward boxes: Risk Box — initial region mapped from the selected range Reward Box — projected continuation area based on range displacement These elements are configurable, giving traders flexibility in how the breakout context is displayed. Custom Visual Inputs Users can adjust all visual components directly from the settings panel: ORB Mode — toggle between V1–V4 range types Risk Box Color — customize the risk region’s display Reward Box Color — adjust continuation box visuals Get Ready Candle Color — select the breakout candle highlight color Inputs in Status Line — optional summary display at the top of the chart This ensures the framework is adaptable to any chart theme or personal preference. Development Process The ORB Sniper was first modeled in Python, where volume, volatility, and technical variations were looped through to refine range definitions. The most effective rules were then coded into Pine Script, creating a streamlined, repeatable breakout framework. Disclaimer This is an original, closed-source TradeX Labs tool. It references known concepts (opening ranges, volume dynamics) within a proprietary rule-based framework. It is intended for visual analysis only and does not provide trade signals or guarantee results. Default settings are for illustration; traders should adjust configuration to their instrument and timeframe. Sep 14, 2025 Release Notes TradeX ORB Sniper — Multi-Range Opening Breakout Framework This invite-only script is a structured Opening Range Breakout (ORB) tool designed to map price interaction with multiple predefined ranges. It is not a collection of generic settings — all versions and filters are coded in-house and connected through a shared logic engine. 9/14/2025 Update Two Stage Alert System Integration for an improved user experience Purpose & Core Design The ORB Sniper provides four internally coded modes, each referencing a distinct opening range. Depending on market context, ranges may include: Pre-market session range 5-minute opening range 15-minute opening range Volume-adaptive range variations Each mode ensures consistent logic across timeframes, allowing traders to analyze breakout dynamics in a rule-based framework. Breakout Highlighting When price closes above or below the active range, the script highlights that candle in gold/yellow (“Get Ready Candle”). This highlight is informational only, serving as a visual marker of when price has left the defined range. Zone Projection & Box Mapping To help visualize breakout dynamics, the script plots risk and reward boxes: Risk Box — initial region mapped from the selected range Reward Box — projected continuation area based on range displacement These elements are configurable, giving traders flexibility in how the breakout context is displayed. Custom Visual Inputs Users can adjust all visual components directly from the settings panel: ORB Mode — toggle between V1–V4 range types Risk Box Color — customize the risk region’s display Reward Box Color — adjust continuation box visuals Get Ready Candle Color — select the breakout candle highlight color Inputs in Status Line — optional summary display at the top of the chart This ensures the framework is adaptable to any chart theme or personal preference. Development Process The ORB Sniper was first modeled in Python, where volume, volatility, and technical variations were looped through to refine range definitions. The most effective rules were then coded into Pine Script, creating a streamlined, repeatable breakout framework. Disclaimer This is an original, closed-source TradeX Labs tool. It references known concepts (opening ranges, volume dynamics) within a proprietary rule-based framework. It is intended for visual analysis only and does not provide trade signals or guarantee results. Default settings are for illustration; traders should adjust configuration to their instrument and timeframe.
Pine Script® indicator
by tradexorb
2
TASC 2026.01 The Reversion Index (RI)This script implements the Reversion Index (RI), an indicator originally presented in Technical Analysis of Stocks & Commodities (TASC) magazine, January 2026 issue. The Reversion Index is designed to measure directional balance versus total movement, helping identify overextended conditions and potential mean-reversion scenarios. It compares the net directional price change to the sum of absolute price changes over a given period, producing a normalized oscillator. To improve signal quality, this implementation applies John Ehlers’ Super Smoother filter, reducing noise while preserving responsiveness. A slower smoothed line and a faster trigger line are included to assist with timing and momentum shifts. Key Features Based on the original TASC Reversion Index Uses Ehlers Super Smoother filtering Highlights overextension and reversion potential Non-repainting, calculation-based indicator Designed for discretionary and contextual analysis Credits Original concept: Published in Technical Analysis of Stocks & Commodities Filtering methodology: John F. Ehlers Implementation: Custom TradingView script License This script is provided free of charge for educational and analytical purposes.
Pine Script® indicator
by williamllovet
KXR Capital - Monthly First 3Days High Low (with Avg)This script calculates the following: 1) The Highest High of the first 3 trading days of the month. 2) The Lowest Low of the first 3 trading days of the month. 3) The Midpoint of these High's and Low's. 4) The Pivot Point of (#1+#2+Previous Days Close)/3. 5) The Monthly Opening Price. These prices can provide guidance on Bullishness or Bearishness for the remaining price action of the month. Price closing above or below the First 3DHH or First 3DLL can give you a trade in that respective direction. The Pivot Point can act as a flip line (reverse point) in the current direction. The midpoint and opening price support price action decisions. Conceptually its a monthly approach to the classic Opening Range Breakout techniques that are used on an intraday basis.
Pine Script® indicator
by KXRCapital
Volatility Contraction Box (VCB)Volatility Contraction Box (VCB) Description (Copy & Paste) This script is a specialized breakout detector designed for scalpers on the Nifty, BankNifty, and NSE 1-minute timeframes. Inspiration & Concept The core philosophy of this script is based on the concept of Volatility Contraction—the idea that strong market moves are almost always preceded by a period of "quiet compression." Conceptual Source: This script was inspired by the trading theory discussed in the article "What 90% of Traders Miss Before a Breakout" by betashorts1998, which highlights the importance of identifying low-volatility zones before the expansion phase occurs. Adaptation: While the original concept often uses ATR to measure contraction, this script adapts that theory into a Price Action Box Model. It detects physical price stagnation (flat Highs and Lows) to draw visual "Kill Zones" on the chart. The Problem: The "Fakeout" In 1-minute scalping, a simple breakout often results in a wick that traps traders (a "fakeout"). The Solution: This script uses a Next-Candle Confirmation Algorithm. It detects a breakout but hides the signal until the next candle closes in the direction of the trend. If the follow-through fails, the box and signal are discarded, keeping your chart clean and your capital safe. How the Code Works (Programmer's Logic) For those interested in the Pine Script logic, here is how the algorithm processes market data: 1. Stagnation Detection (range_changed) The script uses ta.highest(length) and ta.lowest(length) to track the Donchian Channel of the price. It checks ta.change(h) and ta.change(l). If both return 0 (meaning the High and Low haven't moved), a counter (count_activity) increments. Once this counter hits the threshold (default: 5 bars), a "Virtual Box" is created in the code's memory. 2. The "Ghost" State (Pending Logic) Unlike standard indicators that plot immediately, this script enters a "Pending" state when price breaks the box levels: pendingDir variable is set to 1 (Buy) or -1 (Sell). breakoutBar records the specific time of the break. Crucially, nothing is drawn on the chart yet. 3. The Confirmation Loop The script waits for bar_index == breakoutBar + 1 (the very next candle). It runs a boolean check: isValid. For Buys: close >= open (The candle must be Green). For Sells: close <= open (The candle must be Red). If isValid is true, the script utilizes box.new and label.new to retroactively draw the setup. If isValid is false, the variables are reset, and the setup is deleted from memory. How to Use Wait for the Signal: Do not pre-empt the move. Wait for the colored Box and "BUY/SELL" label to appear. Entry: The signal appears on the close of the confirmation candle. Enter immediately. Stop Loss: Place your SL at the opposite end of the Box. Targets: Aim for a quick 1:1.5 or 1:2 Risk-Reward, or trail your stop using the previous candle's low/high. Settings Lookback Length: How far back to check for High/Low (Default: 20). Min Flat Candles: Minimum duration of the squeeze (Default: 5). Box Width: Adjusts the visual multiplier of the box.
Pine Script® indicator
by RAJATAMIL
The Color Match Trading System Wait for ColorTrend One to match ColorTrend Two. Then wait for the blue line to exit the color match on ColorTrend Two. Enter the trade. Wait for an opposite color to appear in ColorTrend Two. Then wait for price to exit the opposite color. This is a trade continuation after a pullback in the trend. It works on all timeframes. The trend is determined by ColorTrend One. There are three phases to the trend. Short, Long and Neutral. If you are in a trade and the trend turns to Neutral, the safest thing is to exit the trade. The Color match system makes it very easy to find and enter trades. Just be patient and wait for the setups. There are no confusing lines or complexities to worry about. Whether you are a new trader, a seasoned professional or a trader that trades funded accounts, you will appreciate how simple and accurate our ColorTrend matching system works. Best trading! PS: Color Trend One and Color Trend Two are sent separately
Pine Script® indicator
by mjahre
Z-Score Panel Pro 📊 Z-SCORE PANEL PRO A professional statistical analysis panel that displays real-time Z-Score values across multiple timeframes. Clean, elegant design with comprehensive customization options. 🔷 WHAT IS Z-SCORE? Z-Score measures how many standard deviations the current price is away from its mean. A Z-Score of +2 means price is 2 standard deviations above average, while -2 means 2 standard deviations below. This statistical approach helps identify: • Statistically unusual price levels • Potential mean reversion zones • Overbought and oversold conditions • Market volatility extremes ✨ FEATURES ◆ Multi-Timeframe Display Monitor Z-Score across 7 timeframes simultaneously (1m, 5m, 15m, 30m, 1H, 4H, 1D). Each timeframe can be individually enabled or disabled. ◆ Visual Level Meter Intuitive bar meter showing the current Z-Score position within the statistical range. ◆ Zone Classification Automatic labeling of current zone: • NEUTRAL - Normal range • OVERSOLD / OVERBOUGHT - Warning zone • OVERSOLD++ / OVERBOUGHT++ - Danger zone • EXTREME LOW / EXTREME HIGH - Statistical extremes ◆ Trend Direction Arrow Visual indicator showing whether Z-Score is rising (▲), falling (▼), or stable (◆). ◆ Color-Coded Values Each Z-Score value is color-coded based on its zone for instant visual assessment. ◆ Complete Alert System 7 different alert conditions: • Upper/Lower warning level crossings • Upper/Lower danger level crossings • Extreme level alerts • Return to neutral alerts • Combined any-level breach alert ⚙️ SETTINGS Calculation: • Period (default: 20) • Source (default: close) • EMA/SMA toggle Thresholds: • 3 upper levels (default: 2.0, 2.5, 3.0) • 3 lower levels (default: -2.0, -2.5, -3.0) Panel: • 8 position options • Full color customization • Show/hide individual elements • Text size options 📖 HOW TO USE 1. Add the indicator to your chart 2. Adjust the calculation period to match your trading style 3. Set your preferred threshold levels 4. Enable the timeframes you want to monitor 5. Configure alerts for levels you want to track 6. Customize colors to match your chart theme ⚠️ DISCLAIMER This indicator is a statistical analysis tool for informational and educational purposes only. • It does NOT generate trading signals • It does NOT guarantee any trading results • Past statistical patterns do NOT predict future outcomes Always perform your own analysis and apply proper risk management. Trading involves significant risk of loss. If you find this indicator useful, please consider leaving a comment or suggestion. Your feedback is appreciated!
Pine Script® indicator
by forexhocasi
Allyhshn - FVG Classifier## Allyhshn – FVG Classifier ### Technical Specifications & Methodology ### Overview **Allyhshn – FVG Classifier** is a multi-timeframe Fair Value Gap (FVG) detection, ranking, and visualization indicator built in Pine Script® v6. It is designed to identify ICT-style three-candle imbalances across multiple timeframes, dynamically rank them by contextual relevance, and display only the most actionable FVG zones on the chart with strong performance safeguards. The indicator does **not** predict price direction. Instead, it classifies and prioritizes existing imbalance zones based on structural, volatility, trend, and temporal factors. --- ## 1. FVG Detection Logic ### Definition The indicator uses a strict **3-candle ICT imbalance model**: * **Bullish FVG** Formed when: `Low (current candle) > High (2 candles ago)` Zone range: * Bottom = High * Top = Low * **Bearish FVG** Formed when: `High (current candle) < Low (2 candles ago)` Zone range: * Bottom = High * Top = Low Each detected FVG is stored as a price zone and tracked independently. --- ## 2. Multi-Timeframe Architecture ### Fixed 5-Timeframe Model The indicator always processes **exactly five timeframes per bar**, ensuring deterministic behavior and predictable performance. ### Mode Selection * **Auto Mode** Timeframes are automatically selected based on: * Current chart timeframe * Trading regime (Scalping, Intraday, Swing, Position) * **Manual Mode** The user explicitly defines all five timeframes. ### Regime Influence Trading regimes bias the timeframe selection: * **Scalping**: Lower timeframes emphasized * **Intraday**: Balanced LTF/MTF/HTF mix * **Swing / Position**: Higher timeframes prioritized (Daily, Weekly, Monthly) --- ## 3. Filters and Validation ### Minimum Size Filter * FVG size is normalized by ATR. * Zones smaller than a user-defined ATR multiple are ignored. * Prevents noise and micro-imbalances. ### Trend Alignment (Optional) * Uses an EMA-based trend filter. * Bullish FVGs are optionally restricted to uptrends. * Bearish FVGs are optionally restricted to downtrends. --- ## 4. Scoring & Priority System Each FVG receives a **dynamic score** representing contextual priority, recalculated every bar. ### Score Components The final score is a multiplicative composite of: 1. **Timeframe Weight** * Higher timeframes receive higher structural importance. * Monthly > Weekly > Daily > Intraday > Seconds. 2. **Distance to Price** * Zones closer to current price are prioritized. * Distance normalized by ATR. 3. **Zone Size** * Moderate-sized imbalances score higher than very small ones. * Normalized and softly capped. 4. **Trend Alignment** * Aligned zones receive a boost. * Counter-trend zones are penalized, not discarded. 5. **Age Decay** * Older zones remain valid but lose urgency over time. * Smooth decay with a multi-hour half-life effect. 6. **Session Boost (Optional)** * Priority boost during user-defined high-liquidity sessions. The score acts as a **probability proxy**, not a prediction. --- ## 5. Mitigation Logic Each FVG is monitored for mitigation using one of three user-defined rules: * **Touch**: Any price overlap with the zone * **Half**: Price reaches the midpoint of the zone * **Full**: Entire zone is traded through Once mitigated: * The zone is flagged internally * The visual box is removed * The data remains available for ranking logic --- ## 6. Memory & Performance Management ### Controlled Storage * Maximum number of stored FVGs is capped. * Oldest entries are removed automatically. ### Draw Limit * Only the **highest-ranked unmitigated FVGs** are displayed. * Lower-priority zones are visually faded or hidden. * Prevents chart clutter and performance degradation. ### Array Safety * All array operations are size-checked. * Prevents out-of-bounds errors in real-time and historical bars. --- ## 7. Visualization ### Box Rendering * FVGs are drawn as shaded rectangles. * Color-coded by direction: * Bullish and bearish zones use distinct colors. * Boxes extend a configurable number of bars into the future. ### Transparency Logic * High-priority zones are emphasized. * Lower-priority zones are automatically faded. --- ## 8. Priority Table (Optional) An optional on-chart table displays the **top-ranked unmitigated FVGs**, including: * Priority rank * Timeframe * Direction * Average price of the zone * Size (ATR-normalized) * Current score The table is rebuilt only on the last bar to preserve performance. --- ## 9. Alerts ### Proximity Alert An optional alert triggers when: * Price approaches the midpoint of the **highest-priority FVG** * Distance threshold is ATR-based and configurable Alerts are evaluated globally and safely outside local scopes. --- ## 10. Intended Use & Limitations ### Intended Use * Market structure analysis * Liquidity-based zone mapping * Contextual decision support * Confluence with other execution models ### Not Intended For * Standalone trade signals * Price prediction * Automated execution without confirmation ## 11. Account Compatibility * Does not require proprietary order book or footprint data. * Works on all TradingView accounts. * Uses only publicly available volume information. --- ## Summary **Allyhshn – FVG Classifier** is a structured, performance-conscious FVG classification engine. It focuses on **ranking relevance rather than quantity**, making it suitable for scalping, intraday, and higher-timeframe structural analysis without overwhelming the chart or the Pine runtime. ---
Pine Script® indicator
by Allyhshn
Delta Volume by rajib127Delta Volume Indicator This powerful indicator displays delta volume values directly on your chart. Key Features: • Real-time Delta Calculation: Shows buying vs selling pressure for each candle • Color-Coded Display: Green for positive delta (buying pressure), Red for negative delta (selling pressure) • Clean White Background: Enhanced visibility with white labels behind each value • Smart Formatting: Automatically formats large numbers (e.g., +2.5K, -1.2M) • All Timeframes Supported: Works seamlessly from M1 (1-minute) to Daily charts and beyond • Customizable Settings: Adjust colors, font size, display filters, and positioning Why Use This Indicator? TradingView's native delta volume and footprint charts require a Premium subscription to access. While the Premium version includes additional buyer/seller data, this FREE indicator provides the essential delta volume information that most traders need. How It Works: The indicator calculates delta by analyzing each candle's price action and volume. Bullish candles show positive delta (net buying), bearish candles show negative delta (net selling), and the size reflects the intensity of market pressure. Perfect For: - Day traders and scalpers analyzing order flow - Swing traders identifying accumulation/distribution zones.
Pine Script® indicator
by rajib127
cg Algo 2This indicator is designed to assist traders in identifying potential limit entry zones along with confirmation signals based on price behavior and technical conditions. It highlights areas where price may react, helping traders plan entries with a structured and disciplined approach. The indicator provides both Buy Limit and Sell Limit levels, as well as confirmation signals to improve timing and trade confidence. Users can select from four different signal options, allowing flexibility for conservative or aggressive trading styles. All signals are generated using predefined logic based on historical price data and market structure. This indicator does not predict future price movement and should be used as a decision-support tool, not as a standalone system.
Pine Script® indicator
by lazily-aloof-cadet
1
Accurate CCT WHOP Free VersionAccurate CCT Premium (Private Access) This is an invite-only indicator. A neater look than the public free version. 👉 Free Access via Whop : 🟢 OVERVIEW The CCT (Consecutive Candle Trading) system identifies high-probability trade setups based on consecutive candles breaking key levels on higher timeframes. This system helps traders: ✅ Identify strong momentum setups automatically ✅ Enter at institutional price levels (POI) ✅ Trade with clear structure and confluence ✅ Avoid emotional decision-making HOW IT WORKS CCT Long Setups: • Two consecutive bullish candles on 1H timeframe • Second candle closes above the first candle's high • POI created at the first candle's high CCT Bearish Setups: • Two consecutive bearish candles • Second candle closes below the first candle's low • POI created at the first candle's low ENTRY SYSTEM • Entry Signal: Price crosses POI (▲ for long, ▼ for short) • POI Validity: 90 minutes from confirmation • Entry Mode: Cross-bar entry PRIVATE VERSION FEATURES ✅ Automatic CCT Detection ✅ POI Lines - Visual entry zones ✅ CCT Confirmation Labels - “CCT✓” ✅ Entry Signals - Clear ▲/▼ arrows ✅ Premium Status Panel - Clean, professional UI PREMIUM UPGRADE FEATURES • Pending POI Detection (Gray dashed lines) • Automatic SL/TP & Trailing Stops • Full Customization (Timeframes & Modes) • JSON Alert System for Webhooks • Advanced Scaling (Multi entries per POI) ⚠️ DISCLAIMER This indicator is for educational purposes only. Past performance does not guarantee future results. Trading carries substantial risk of loss. Happy trading! If this indicator helps your trading, a review and boost is much appreciated :) 🚀 Upgrade to Premium: Find link in my bio - ruru
Pine Script® indicator
by rurubudong_
MM MAGICAL LINETitle: MM MAGICAL LINE The MM MAGICAL LINE is a precision-based intraday tool designed to identify critical price levels established during specific institutional windows. this indicator isolates key trend-confirmation zones that act as psychological support and resistance for the remainder of the session. Key Features: Institutional Anchoring: Captures price action from high-volume time brackets. Clean UI: Minimalist design with customizable color schemes to fit any chart background. Volatility Filter: Uses smoothed price data to eliminate market noise. Best used on intraday timeframes (1m, 5m, 15m) for trend identification and breakout confirmation.
Pine Script® indicator
by MithunRS
MACD-V (Volatility Normalized MACD)Award-Winning Momentum Indicator by Alex Spiroglou (CMT Charles Dao Award & NAAIM Founders Award, 2022) The classic MACD has powered trading decisions for decades, but it suffers from five major limitations that undermine consistency: 1- Readings are not comparable over time (absolute price dependency causes massive scale differences across decades) 2- Not comparable across markets or assets (e.g., stocks vs. forex vs. crypto) 3- No universal overbought/oversold levels 4- Excessive whipsaws in low-momentum/range-bound conditions 5- Lagging signals in high-momentum reversals (e.g., missing big chunks of V-shaped recoveries) MACD-V solves all five issues by normalizing momentum against volatility instead of price. Core Formula MACD-V = (EMA(12) - EMA(26)) / ATR(26) × 100 This expresses momentum in units of Average True Range (ATR), creating a volatility-adjusted oscillator that remains mathematically meaningful and comparable: -Analysts can use MACD-V across any timeframe: -Across any asset class (stocks, forex, commodities, bonds, crypto) -Over decades of history Key Features & Benefits Time-stable & cross-market comparable: A +100 reading today has the same meaning as +100 in the past years, regardless of asset or price level. Universal extremes: ±150 captures ~95% of all readings across markets → extreme/stretched momentum. Momentum Lifecycle Roadmap (objective framework): +150 or < -150: Extreme / overstretched (high reversal risk) +50 to +150 or -50 to -150: Strong directional momentum (rallying, retracing, rebounding, reversing) -50 to +50: Neutral / low momentum / ranging (avoid most signals — high whipsaw zone) Range Rules for regime context: In bullish regimes (price > 200 EMA), -50 to -150 becomes the practical oversold zone; readings below -100 are rare and often powerful buy setups. Opposite in bearish regimes. Improved signal quality: Filter whipsaws in neutral zone, anticipate lag in extremes, prioritize high-probability crosses in strong-momentum bands. MACD-V Histogram (MACD-VH): Normalized short-term momentum with extremes at ±40 for fast reversal detection. Backtesting & strategy-friendly: Enables reliable historical analysis, cross-asset relative strength, and systematic rules MACD-V transforms momentum from subjective art into objective, repeatable science — giving you consistent, actionable insights no matter what you're trading. Use it standalone or layer with trend filters (e.g., 200 EMA), volume, or price action for even stronger edges. Developer: Alex Spiroglou Open-source versions inspired by his work — feel free to fork and improve! Happy trading! 🚀
Pine Script® indicator
by KivancOzbilgic
11
Lanovyx# Lanovyx — Setup Window Confluence System ## The Problem This Solves Traditional confluence indicators require all conditions to align on the exact same bar: stochastic must be oversold AND price must touch support AND divergence must form — all simultaneously. In real markets, this rarely happens. Price touches VWAP -2σ, but stochastic doesn't reach oversold until 3 bars later. The opportunity is missed. **Lanovyx solves this with the Setup Window methodology.** --- ## Core Innovation: Setup Windows Instead of requiring simultaneous conditions, Lanovyx separates trading signals into two phases: **Phase 1 — Context Event (Setup Activation)** When a meaningful event occurs, it "opens a window" that stays active for a configurable number of bars: - Price touches VWAP ±2σ or ±3σ band → window opens - Price tests Previous Day High/Low → window opens - Stochastic divergence forms → window opens - Opening Range breakout occurs → window opens - Price reaches Support/Resistance level → window opens Each event adds to a cumulative "setup score" (capped at 8). Higher scores indicate stronger context. **Phase 2 — Trigger (Signal Generation)** Within the active window, when stochastic conditions confirm, a signal fires. The trigger doesn't need to occur on the same bar as the context — it just needs to occur while the window is open. This two-phase approach captures setups that traditional indicators miss entirely. --- ## Why Stochastic + VWAP Confluence Works **VWAP (Volume-Weighted Average Price)** tells us where institutional money has transacted. The standard deviation bands identify statistical extremes: - Price at VWAP -2σ is extended to the downside (potential mean reversion long) - Price at VWAP +2σ is extended to the upside (potential mean reversion short) **Stochastic Oscillator** measures momentum exhaustion. When price reaches a VWAP extreme AND stochastic shows momentum reversing, we have confluence of: 1. Price extension (VWAP bands) 2. Momentum exhaustion (Stochastic) 3. Context validation (Setup Window score) The multi-lane stochastic (14/21/55 periods) adds timeframe confluence — when fast, medium, and slow stochastics align, the signal is stronger. --- ## Five Signal Families Each family targets a specific market condition: ### 1. Trend Entry (T) — Blue Labels **When:** Stochastic pulls back to 25-55 zone (longs) or 45-75 zone (shorts) during established trend **Logic:** In trending markets, pullbacks to the "value zone" offer low-risk entries with trend **Best for:** Trending days with clear directional bias ### 2. Mean Reversion (R) — Green/Red Labels **When:** Stochastic exits oversold (<20) or overbought (>80) with active setup window **Logic:** At VWAP extremes with momentum exhaustion, price tends to revert to mean **Best for:** Range-bound, choppy markets **Requires:** Active setup window (context event must have occurred) ### 3. Breakout (B) — Orange Labels **When:** Stochastic lanes compress ("coil") then expand, crossing the 50 midline **Logic:** Compression precedes expansion; breakout from tight range signals new trend **Best for:** Transition days, post-squeeze moves ### 4. Momentum (M) — Green/Red Labels **When:** Stochastic crosses 50 from extreme zone (<25 or >75) within lookback period **Logic:** Catches V-shaped reversals where regime detection lags the move **Best for:** Fast reversals, news-driven moves ### 5. Counter-Signal / FADE (C) — Purple Labels **When:** A signal fires and immediately fails (stochastic reverses sharply against it) **Logic:** Failed signals often lead to strong moves in the opposite direction (trapped traders) **Confidence gating:** High-confidence fades generate signals; low-confidence show warnings only --- ## Institutional Key Levels Lanovyx incorporates levels that institutional traders use: - **PDH/PDL** (Previous Day High/Low) — Major support/resistance where stops cluster - **PDC** (Previous Day Close) — Settlement price, gap reference - **ORB** (Opening Range) — First 15 minutes high/low, breakout trigger - **IB** (Initial Balance) — First 60 minutes range, institutional benchmark These levels automatically activate setup windows when price interacts with them, adding to the setup score. --- ## Filtering System **ADX Filter:** In strong trends (ADX > 25), blocks counter-trend mean reversion signals to avoid fighting momentum. **HTF Bias Filter:** Optional alignment with higher timeframe (e.g., 1-hour) EMAs. Can block or demote signals that oppose the larger trend. **Regime Detection:** Classifies market as Uptrend, Downtrend, Sideways, or Squeeze using EMA alignment and market structure (HH/HL/LH/LL patterns). --- ## How to Use 1. **Wait for Setup** — Watch for context events (VWAP band touch, key level test, divergence) 2. **Check the Score** — Higher setup scores indicate stronger context (visible in debug mode) 3. **Wait for Trigger** — Let stochastic confirm within the window 4. **Confirm Regime** — Ensure signal type matches market condition 5. **Manage Risk** — Use the ATR-based stop/target levels shown after signals **Strong signals (★)** appear when multiple confluence factors align — these are highest probability setups. --- ## Settings Overview | Setting | Default | Purpose | |---------|---------|---------| | Setup Window | 10 bars | How long context events stay active | | Entry Zone | 25-55 | Stochastic zone for trend pullback entries | | OS/OB Levels | 20/80 | Stochastic extremes for mean reversion | | Stop Loss | 1.5 ATR | Risk management distance | | Target 1 | 2.0 ATR | First profit target (1.33:1 R:R) | Recommended timeframes: 5-minute and 15-minute charts. --- ## Disclaimer This indicator is for educational purposes only and does not constitute financial advice. Past performance does not guarantee future results. Always use proper risk management and never risk more than you can afford to lose. No indicator can predict the future — use this as one input in your trading decision process, not as a standalone system.
Pine Script® indicator
by sfbayman