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krishnadeshmukh/NIFTY50 Micro Sentiment Part 2📘 Script Description: NIFTY50 Micro Sentiment — Part 2 This indicator continues the NIFTY50 Micro Sentiment model by analyzing the remaining 25 stocks (Rank 26–50 by index weight) of the NIFTY50. 🔍 Key Features: Applies the same volume-bin methodology used in Part 1. Sentiment detection based on: Candle Color (default) or *Close vs Midpoint of the candle range. Stocks are weighted by their index influence. Output is a clean sentiment table: +ve / -ve / Neutral Volume Score Weighted Sentiment Output Use this in conjunction with Part 1 to analyze the entire NIFTY50 sentiment landscape. 📘 Script Description: NIFTY50 Combined Score This script aggregates live sentiment data from both: 🧩 NIFTY50 Micro Sentiment — Part 1 🧩 NIFTY50 Micro Sentiment — Part 2 🚀 What it does: Imports Score, +ve, -ve, and Neutral components from both scripts. Combines them to produce: ✅ Total Weighted Sentiment 🟢 Bullish Weight 🔴 Bearish Weight 🟡 Neutral Component 📊 Outputs are shown via a middle-right sentiment table, updated every 5 bars. Perfect for traders seeking a unified view of micro sentiment across the entire NIFTY50 ecosystem — in one glance.
Pine Script® indicator
by krishnadeshmukh
Buy / Sell Volume + % (Classic + Pressure)Buy / Sell Volume % (Classic + Pressure) Overview Buy / Sell Volume (Classic + Pressure) is a volume decomposition and dominance indicator designed to help traders understand how trading volume is distributed between buying and selling pressure on each candle. Instead of treating volume as a single number, this indicator splits total volume into estimated Buy Volume and Sell Volume, visualizes them symmetrically, and summarizes dominance using a compact on-chart dashboard. The indicator is intended as a context and confirmation tool, not a trade signal generator. Core Concepts 1. Buy / Sell Volume Decomposition The indicator estimates buying and selling activity based on the position of the close within the candle’s high–low range: Closes near the high → more buying pressure Closes near the low → more selling pressure Middle closes → balanced activity This provides a clear visual view of demand vs supply on every bar. 2. Dual Calculation Modes 🔹 Classic Mode (Default) Uses pure candle-range logic Buy Volume + Sell Volume = Total Volume (exact conservation) No smoothing or directional bias Values closely match traditional volume behavior Best for: Structural analysis Accumulation / distribution studies Comparing against raw volume 🔹 Pressure Mode Introduces a directional bias: Bullish candles slightly favor buy volume Bearish candles slightly favor sell volume Optional EMA smoothing reduces noise Still volume-conserving (Buy + Sell = Total Volume) Best for: Identifying dominance Trend continuation confirmation Absorption vs initiative activity Visual Elements Volume Bars Buy Volume plotted above zero Sell Volume plotted below zero Optional Total Volume Envelope for context Color by Dominance Bright colors when one side dominates Faded colors when dominance is weak Helps instantly identify: Accumulation Distribution Absorption Dashboard (Optional) A compact dashboard displays: Buy % Sell % Dominance State BUY DOM SELL DOM BALANCED The dashboard can be toggled ON/OFF and switched between Normal and Compact size to suit multi-pane layouts. How to Use This Indicator This indicator works best as a confirmation layer, not a standalone system. Common Use Cases Confirming breakouts or breakdowns Spotting accumulation or distribution near key levels Identifying absorption during consolidations Filtering false price moves Examples Price rising + strong Buy % → constructive demand Price rising + strong Sell % → possible distribution Flat price + balanced volume → absorption / compression What This Indicator Is NOT ❌ Not true order-flow or bid/ask data ❌ Not a buy/sell signal generator ❌ Not predictive on its own All calculations are candle-based estimations, designed for context and insight, not execution timing. Best Use Works on all timeframes Most reliable on liquid instruments Especially useful when combined with: Support / resistance Trend structure Market regime or breadth indicators Summary Buy / Sell Volume (Classic + Pressure) helps traders go beyond raw volume by visualizing who is in control of each candle, how strong that control is, and whether volume behavior supports price action. Used correctly, it can significantly improve trade selectivity, confidence, and risk awareness.
Pine Script® indicator
by vikram_bains
Session Relative VolumeSession Relative Volume is an advanced intraday futures volume indicator that analyzes volume separately for Asia, London, and New York sessions - something standard relative volume tools can’t do. Instead of aggregating the entire day’s volume, the indicator compares current volume to historical averages for the same session and time of day, allowing you to spot true volume strength and meaningful spikes, especially around session opens. Background Relative volume helps traders spot unusual activity: high volume often signals institutional participation and trending days, while low volume suggests weak commitment and possible mean reversion. In futures markets, sessions ( Asia, London, New York ) must be analyzed separately, but TradingView’s Relative Volume in Time aggregates the entire day, masking session-specific behavior - especially during the New York open. Since volume can vary by more than 20× between sessions, standard averages struggle to identify meaningful volume spikes when trader conviction matters most. Indicator Description The “Session Relative Volume” indicator solves these problems by calculating historical average volume specific to each session and time of day, and comparing current volume against those benchmarks. It offers four display modes and fully customizable session times Altogether, it provides traders with a powerful tool for analyzing intraday futures volume, helping to better assess market participation, trader conviction, and overall market conditions - ultimately supporting improved trading decisions. Parameters Mode – display mode: R-VOL: Relative cumulative session-specific volume at time VOL CUM: Cumulative session volume at time compared to historical average cumulative session-specific volume VOL AVG: Average session intrabar volume at time compared to historical average session-specific intrabar volume VOL: Individual bars volume, highlighting (solid color) unusual spikes Lookback period – number of days used for calculating historical average session volume at time MA Len – length of the moving average, representing average bar volume within a session based on previous periods (different from historical cumulative volume!). Used only in VOL and VOL AVG modes MA Thresh – deviation from moving average, used to detect bar volume spikes (bar volume > K × moving average) Start Time – End Time and Time Zone parameters for each session. The time zone must be set using TradingView’s format (e.g., GMT+1).
Pine Script® indicator
by hermes_trisme
3VWMA MTF3VWMA MTF – IRONGAR plots three Volume Weighted Moving Averages (VWMA) on your chart, with multi-timeframe support. -It is designed to help traders identify trend direction, dynamic support & resistance, and volume-confirmed momentum across different timeframes — all in one clean indicator. -The indicator calculates three separate VWMAs: VWMA 7 (Green) – Short-term momentum VWMA 25 (Blue) – Medium-term trend VWMA 99 (Red) – Long-term structure -You can choose: Chart timeframe (default), or A custom higher/lower timeframe using the VWMA Timeframe input -Each VWMA is calculated on the selected timeframe and plotted on the current chart. A Volume Weighted Moving Average (VWMA) gives more weight to candles with higher trading volume. -Formula: VWMA = Σ(Price × Volume) / Σ(Volume) This means: High-volume moves have more influence Low-volume noise has less impact Best used in combination with price action and proper risk management. -Huge shoutout to my teacher @tradecitypro for all his time and effort. I'm so grateful! -Next, I will break down my strategy and show you how to apply it for yourself. simple and easy :))))
Pine Script® indicator
by Irongar1
BK AK-IED💥 Introducing BK AK-IED — Volatility Ignition / Expansion / Detonation 💥 A pressure-to-release weapon system for traders who want timing, not noise. Markets don’t move clean because they “feel like it.” They load, they ignite, and then they detonate into expansion. BK AK-IED is built to expose that sequence in real time—so you stop trading randomness and start trading regime shifts. ⚔️ What BK AK-IED is BK AK-IED is a 3-speed VWMA energy oscillator that blends price movement + volume into a single pressure readout: Fast (5) = ignition energy (range-driven) Medium (21) = core pressure engine Slow (55) = structural volatility backdrop It’s not a “direction oracle.” It’s an energy meter that tells you when the market is coiling, when it’s waking up, and when it’s breaking out with force. 🧠 Core Weapon Systems ✅ Dynamic Scaling Keeps the oscillator readable across symbols (no ridiculous y-axis blowouts). ✅ Volatility State Bar (Bottom Strip) — Your War Room 🟨 CONTRACTION = VWMA convergence / coil / pressure loading 🟩 EXPANSION = energy spike begins 🟥 BREAKOUT = expansion without contraction (release phase) ⬜ NEUTRAL = dead zone, don’t force it ✅ Breakout Peak Icons (Crown markers) Crowns print only when there’s true breakout energy and the move hits major peak territory versus recent extremes. Translation: tighten risk, scale-out, stop getting greedy. These are exhaustion warnings—not automatic reversals. Timeframe-adaptive peak filtering is built in: < 1H: stricter peak requirement ≥ 1H: more realistic swing threshold 🧭 How to use it (execution, not opinions) 1) 🟨 Contraction = don’t bleed. This is the chop factory. You wait. You map levels. You stalk. 2) 🟩 Expansion = prepare. Start aligning with structure: trend framework, VWAP, key levels, HTF bias. 3) 🟥 Breakout = engage. This is where moves pay. Trade the direction your structure supports and manage risk like a professional. 4) 👑 Peak during breakout = harvest / protect. Scale. Tighten stops. Don’t turn winners into donations. 🧱 Inputs that matter (what you’re actually tuning) Amplitude Multiplier = how aggressive the energy read is VWMA Spread Contraction Threshold = how tight “coil” must be to count Scale Lookback = how far back the dynamic scaling references Peak Thresholds = how selective peaks are (auto-switches based on timeframe) The “AK” in the name is an acknowledgment of my mentor A.K. His standards (patience, precision, clarity, and emotional control) are a major reason I build tools with structure instead of hype. And above all: all praise to Gd — the true source of wisdom, restraint, and right timing. 👑 King Solomon Lens — ZENITH Discipline Solomon didn’t build greatness by impulse. He built it by measure, order, and restraint. When the Temple was built, the stones were prepared away from the site—so the structure went up with precision, not chaos. That is the market lesson: the decisive moment is loud, but the preparation is silent. If you only show up for the noise, you will always arrive late. BK AK-IED is that Solomon blueprint on a chart: 🟨 Contraction is the quarry. The market is cutting the stones in silence. This is where the undisciplined burn money “doing something.” The wise do the opposite: they reduce noise, define levels, and wait. 🟩 Expansion is the line being set. Pressure starts to move. This is where you bring structure online—bias, levels, risk plan. Not excitement. 🟥 Breakout is the placement. The stone drops into position. This is the only phase where aggression is righteous—because it’s backed by a real shift, not hope. 👑 Peak icons are ZENITH—crown-of-the-move logic. Zenith is where force and momentum reach their highest point before decay begins. The crown is not “celebrate and add.” The crown is govern yourself: harvest, tighten, protect. Solomon’s edge wasn’t prediction—it was rule over the self. That’s what separates profit from punishment. This is what wisdom looks like in trading: not guessing the future—governing your exposure when the present is telling you the truth. And may Gd bless your restraint as much as your entries, because restraint is where survival becomes power. ✅ Final BK AK-IED is your volatility weapon for market warfare: Load → Ignite → Detonate. Use it with structure. Use it with discipline. And give praise to Gd for every protected loss, every clean entry, and every moment you didn’t force a trade. 🙏
Pine Script® indicator
by Ki11a_B
krishnadeshmukh/NIFTY50 Micro Sentiment Part 1📘 Script Description: NIFTY50 Micro Sentiment — Part 1 This indicator tracks real-time micro sentiment across the top 25 weighted stocks of the NIFTY50 index using a volume-based distribution model. 🔍 How it works: Scans last N bars (configurable) for each stock. Divides each stock’s price range into equal bins. Measures bullish vs bearish volume in each bin based on: Candle Color (Close > Open) or Close Near High (Close > Midpoint). Assigns a sentiment value: +1 → Bullish dominance -1 → Bearish dominance 0 → Neutral 📊 Each stock's sentiment is weighted by its contribution to the index. 🧮 Displays: Weighted Sentiment Score Bullish / Bearish / Neutral Components Updated every 5 bars with an easy-to-read table. Use this to gauge underlying micro shifts in sentiment before broader market moves.
Pine Script® indicator
by krishnadeshmukh
MACD + Divergence Indicator [Dynamic Filter]Title: MACD + Divergence Description: This is an enhanced momentum analysis suite based on the classic Moving Average Convergence Divergence (MACD). It addresses the common weakness of the standard MACD—false signals during low-volatility consolidation—by integrating a Dynamic Volatility Filter and a Multi-Timeframe (MTF) Dashboard. The Problem It Solves: Standard MACD indicators often generate "whipsaw" crossovers when the market is ranging (moving sideways). Traders often struggle to identify these consolidation zones until it is too late. This script solves this by calculating a dynamic "Consolidation Zone" based on Standard Deviation, visually warning traders when momentum is too weak to be reliable. Key Features: 1. Dynamic Consolidation Filter (The Grey Zone) The script calculates Upper and Lower bands around the MACD line using Standard Deviation (Volatility). Grey Fill: When the MACD line is inside the grey bands, the market is in a "Squeeze" or low-volatility consolidation. Crossovers in this zone are often lower probability. Breakout: When the MACD line exits the bands, it indicates a volatility expansion and a potentially stronger trend. 2. Automated Divergence Detection Automatically scans for both Regular (Reversal) and Hidden (Continuation) divergences between Price and Momentum. Bullish: Marked with Green lines/labels. Bearish: Marked with Red lines/labels. Customization: You can choose to calculate divergence based on the MACD Line or the Histogram via settings. 3. Multi-Timeframe (MTF) Dashboard A customizable information table (optional) displays the MACD state across 4 different timeframes (e.g., 15m, 1H, 4H, Daily). It checks for Trend Alignment (e.g., are all timeframes Bullish?) to help you trade in the direction of the higher timeframes. 4. Enhanced Visuals 4-Color Histogram: Visualizes momentum growing (bright) vs. momentum fading (pale) for both bullish and bearish phases. Line Highlights: The MACD and Signal lines are clearly distinct, with configurable smoothing options (EMA/SMA). Settings Guide: Consolidation Filter: Increase the Dynamic Filter Multiplier (Default: 0.5) to widen the grey zone if you want to filter out more noise. Oscillator Source: Switch between "MACD Line" or "Histogram" for divergence detection depending on your strategy. Table: You can toggle the dashboard on/off or change its position to fit your chart layout. Credits: Base MACD logic derived from standard technical analysis concepts. Dynamic filtering logic adapted from volatility band theories.
Pine Script® indicator
by tonngnh3
Multiple SMAs-EMAs & CrossesMoving averages (MA) are the bedrock of trend analysis. Choosing between Simple (SMA) and Exponential (EMA) depends on whether you prioritize stability or speed.SMA vs. EMA: The Main DifferenceThe core difference lies in how they handle data. Simple Moving Average (SMA): Treats all days equally. A 50-day SMA averages the last 50 closing prices with no bias. It is smoother and less prone to "fake-outs," making it the gold standard for identifying long-term trends (e.g., the 200-day SMA). Exponential Moving Average (EMA): Places more weight on the most recent price data. It reacts much faster to sudden market shifts. Short-term traders (scalpers and day traders) prefer EMAs to catch trend changes early. The Crossover Strategy A crossover occurs when a "fast" (short-period) MA crosses a "slow" (long-period) MA. This signals a shift in market momentum. Golden Cross: Fast MA (e.g., 50) crosses above Slow MA (e.g., 200). Bullish: Indicates a potential long-term uptrend. Death Cross: Fast MA (e.g., 50) crosses below Slow MA (e.g., 200).Bearish: Indicates a potential long-term downtrend. Using Multiple Moving Averages, Traders often use a "ribbon" or a stack of three MAs to filter noise: Short-term (e.g., 9 or 20): Shows immediate price direction.Medium-term (e.g., 50): Acts as a trend filter and dynamic support/resistance. Long-term (e.g., 200): Defines the "big picture" macro trend.
Pine Script® indicator
by mcpatnaik
My Price Curtain by @magasine - v20251217**My Price Curtain by @magasine - v20251217** This is a highly visual and practical TradingView overlay indicator designed to help traders quickly assess price position relative to a reference average (either a dynamic Simple Moving Average or a user-defined fixed price, such as a personal average entry cost). ### Key Features & Value for Traders: - **Dynamic Price Curtain Background** The entire chart background is lightly tinted green when price is above the average, red when below, or gray when at parity. This instant color feedback provides an immediate sense of bullish/bearish bias without needing to interpret lines or oscillators. - **Deviation Zones (Optional)** When enabled, semi-transparent horizontal bands appear above (green) and below (red) the average price, sized according to a user-defined percentage deviation (default 5%). These zones act as visual "fair value" corridors, highlighting over-extension or potential mean-reversion areas. - **Persistent Horizontal Reference Lines** - Solid blue line: the current average price (SMA or fixed) - Dotted lines: upper and lower deviation zone boundaries - Thin trailing line (when using SMA): connects previous SMA values for smoother trend visualization - **Real-Time Information Panel** A clean table in the bottom-right corner displays: - Current average price and type (SMA(length) or FIXED) - Latest close price - Percentage distance from the average - Total candles above/below the average (with percentages) - Current position status (ABOVE/BELOW/AT AVERAGE) with color-coded highlighting - **Additional Visual Cues** - Small triangle markers on crossovers/crossunders of the average price - Floating label on the last bar showing the average and current % deviation - **Optional Cross Alerts** Configurable alerts fire when price crosses above or below the reference average, including price, average, and deviation details. ### Why Traders Love It: - Perfect for position traders monitoring performance relative to their average cost - Great for mean-reversion or range-bound strategies using the deviation zones - Excellent contextual awareness tool on any timeframe or asset - Clean, non-cluttered design that enhances rather than overwhelms price action In short, My Price Curtain transforms a simple moving average into a powerful, intuitive "price sentiment dashboard" that delivers instant visual context and actionable information at a glance. Donations: linktr.ee
Pine Script® indicator
by magasine
Liquidity Sweep Guardian-NQ versionThis indicator is only optimized for CME future NQ or MNQ. If you want to use for other product, adjust your own setting. The indicator is used as a visual aid for warning trader do not fade trend before PDL or PDH liquidity sweep. The box wrapper around PDH and PDL is a warning box. Liquidity can be super thin when price is approaching the box, so do not fade the trend (counter trend trading when you are near the box before PDH or PDL sweep. There is no universal strategy if you should go long or short when PDL or PDH is reached, but this indicator is designed for trader to avoid get caught when fading a trend that is going to sweep PDL or PDH. example here Here is the Full guide: # Liquidity Sweep Guardian ## Overview A visual warning system that helps traders avoid premature counter-trend entries near key liquidity levels (Previous Day High/Low). The indicator displays danger zones centered on PDH/PDL and tracks when these levels have been swept and reclaimed. **This is a WARNING system, not a trade signal generator.** --- ## The Problem It Solves One of the most common trading mistakes: > Price is falling toward PDL. You see a bullish candle 40 points above PDL and think "maybe it reverses here." You enter long. Price then accelerates DOWN, sweeps PDL, and your stop gets hit. The reversal you wanted happens AFTER the sweep—without you. This indicator prevents that mistake by: 1. Showing you when you're in the "danger zone" near a key level 2. Warning you NOT to fade until the level has been swept 3. Unlocking fade consideration only AFTER sweep + reclaim --- ## How It Works ### Danger Zone (Red Box) - Centered on PDH and PDL - Default: ±75 points (150 point total zone) - When price is in this zone and the level hasn't been swept → **avoid counter-trend trades** ### Critical Zone (Inner Red Box) - Tighter zone around the level - Default: ±25 points - Highest risk area for premature entries ### Sweep Detection When price penetrates beyond the level: - **SWEEP** (10-25 pts): Normal liquidity grab, watch for reclaim - **EXTENDED** (25-50 pts): Deeper than typical, use caution - **CONTINUATION** (50+ pts): Likely trend continuation, not a sweep ### Unlock Condition **"🔓 LONG UNLOCKED"** or **"🔓 SHORT UNLOCKED"** appears when: 1. The level has been swept (price went beyond it) 2. Price has reclaimed back through the level 3. Sweep depth was NOT in continuation territory (50+ pts) **UNLOCKED means you MAY now consider a fade setup. It is NOT an entry signal.** --- ## Visual Elements | Element | Description | |---------|-------------| | **Red Box** | Danger zone - avoid fading until swept | | **Inner Red Box** | Critical zone - highest trap risk | | **Green Box** | Zone is unlocked - sweep complete | | **"SWEEP" Label** | Level has been penetrated | | **"🔓 UNLOCKED" Label** | Sweep complete + reclaim - may consider fade | | **"⚠️ CONTINUATION?" Label** | Deep penetration (50+ pts) - likely not a reversal | --- ## Settings ### Danger Zone Settings - **Danger Zone Size**: Distance above AND below level (default: 75 pts) - **Critical Zone Size**: Inner high-risk zone (default: 25 pts) ### Sweep Classification - **Real Sweep Min/Max**: Point range for normal sweep (default: 10-25 pts) - **Fake Sweep / Continuation**: Depth that suggests continuation (default: 50 pts) - **Max Bars for Reclaim**: How quickly price should reclaim (default: 5 bars) --- ## How to Use ### ❌ DON'T - Enter long when price is in PDL danger zone and PDL hasn't been swept - Enter short when price is in PDH danger zone and PDH hasn't been swept - Fade immediately when you see the "SWEEP" label - Treat "UNLOCKED" as a buy/sell signal ### ✅ DO - Wait for the SWEEP label before considering a fade - Wait for the UNLOCKED label before looking for entry setups - Use your own entry criteria AFTER unlock (consolidation, reclaim, patterns, etc.) - Respect deep penetrations (50+ pts) as potential continuation, not reversal --- ## The Core Concept **Price often accelerates INTO liquidity sweeps.** That bullish candle you see 40 points above PDL? It's often the last gasp before the sweep, not the reversal. Smart money needs to: 1. Sweep the lows (trigger stops) 2. Grab liquidity 3. THEN reverse By waiting for the sweep + reclaim, you align with this flow instead of getting trapped. --- ## Alerts - **Entering Danger Zone**: Price entering PDH/PDL zone - **Swept**: Level has been penetrated - **Unlocked**: Sweep complete + reclaim - **Deep Continuation**: 50+ point penetration warning --- ## Best Practices 1. **Patience over prediction**: Don't anticipate the sweep—wait for it 2. **Unlock ≠ Entry**: Unlocked means you can START looking for setups 3. **Respect continuation**: 50+ point penetration often means trend continues 4. **Use with your system**: This is a filter/warning, not a strategy --- ## Notes - Designed for NQ/ES futures but works on any instrument - Adjust point values for different instruments (e.g., ES uses smaller values) - Session resets at 6PM ET (CME futures session) - Works on any timeframe --- ## Summary > **Don't fade until swept. Don't enter until unlocked. Unlocked ≠ Entry signal.** The indicator's job is to keep you OUT of bad trades, not get you INTO trades. Your job is to find quality entries AFTER the indicator gives you permission to look. --- *"The reversal you want comes AFTER the sweep. Every time. And when it doesn't? It wasn't a reversal—it was continuation. Either way, waiting was the right choice."*
Pine Script® indicator
by DeLeBlanc
Supertrend + EMA + RSI Algo (Low Risk High Accuracy)This is a trend-following + momentum confirmation strategy designed to reduce false signals and control loss. Supertrend (10,3) → Identifies overall market direction (Buy in uptrend, Sell in downtrend) EMA 50 & EMA 200 → Confirms strong trend and avoids sideways market Buy only when EMA 50 is above EMA 200 Sell only when EMA 50 is below EMA 200 RSI (14) → Confirms momentum Buy when RSI > 55 (strong bullish momentum) Sell when RSI < 45 (strong bearish momentum) --- 🔹 Entry Logic BUY: Market is in uptrend + strong momentum SELL: Market is in downtrend + strong bearish pressure --- 🔹 Risk Management (Most Important) Stop Loss: Based on ATR (adapts to volatility) Target: Fixed Risk-Reward ratio (example: 1 : 2.5) This keeps loss small and profits larger --- 🔹 Best Use Case Works best in trending markets Ideal timeframes: 15m, 1h, 4h Suitable for crypto futures & swing trading Beginner-friendly if used with low leverage
Pine Script® strategy
by simhapavanchiru
BB Squeeze Screener 15MPurpose: Detects Bollinger Band squeeze conditions across symbols/timeframes for fast scanning in the TradingView Screener. Default timeframe = 15m, but can be duplicated for 1h / 4h / 1D columns. How it works: computes a normalized BB width, compares it to its SMA and flags when width falls below the configured threshold (squeeze ON). Output = 1 (squeeze) or 0 (no squeeze). Inputs: Timeframe, BB Length, SMA Length, Threshold. Use separate columns per timeframe for multi‑TF scanning. Usage: Publish the script, add it as a Screener column, then filter for =1 and combine with Vol 24h / Market Cap filters to reduce noise. Good workflow: Mode = 15m (intraday), 1h (swing), 4h/1D (higher‑TF confirmations). Notes: This is a volatility filter (not directional). Combine with momentum/volume filters or a breakout rule for entries. Backtest rules on your watchlist before live use. Disclaimer: Educational tool only — not financial advice. Use proper risk management.
Pine Script® indicator
by Stericc
MARKET CONDITIONS TOOLBOX PROMARKET CONDITIONS TOOLBOX PRO** is a visual market-state dashboard designed to summarize multiple technical conditions of the S&P 500 ETF (SPY) in a single table. The script pulls SPY data from user-selectable higher timeframes (daily by default) and evaluates several widely used technical indicators, converting each into a simple **Bullish / Neutral / Bearish** status. The results are displayed in a compact table for quick reference. Indicators included: -Directional Strength (based on directional movement) -MACD (positive vs. negative momentum) -RSI (above or below midpoint) -Stochastic Oscillator -CCI -Momentum Velocity (custom weighted momentum calculation) -SPY daily candle direction (green/red/neutral) Each indicator is assessed independently using objective threshold rules (for example, above or below zero or 50). No indicator is modified to repaint or look ahead. An overall Market Condition is shown: -Bullish when all indicators and the SPY daily candle align positively -Bearish* when all indicators and the SPY daily candle align negatively -Neutral when conditions are mixed A simplified -Risk Status- (“Risk On”, “Risk Off”, or “Neutral”) mirrors this alignment to provide a high-level market context. Key characteristics: -Uses SPY as a broad market proxy -Multi-timeframe capable via user inputs -Non-predictive, informational display only -No alerts, trade entries, exits, or signals -Designed for market context, not automation I use this tool really to gauge risk, when i'm paying with the direction of the market, when to risk off.
Pine Script® indicator
by SPYDERMARKET
Elev8+ Impulse LevelsElev8+ Impulse Levels | Smart Support & Resistance Ever notice price rejecting “empty” areas on the chart—like it remembered something that isn’t obvious? That “something” is often Institutional Impulse : footprints left behind by large, aggressive moves that get defended again days or weeks later . Elev8+ Impulse Levels automatically detects these moments and projects the most important prices forward so you can see the structure most traders miss. — — — 🧠 How It Works (The Logic) This is not a typical support/resistance tool. It does not hunt swing highs/lows. It looks for Market Intent —the “Perfect Storm” when two conditions align: Volume Spike — buying/selling pressure significantly exceeds average volume (multiplier-based). Volatility Expansion — the candle body is unusually large relative to recent ATR. When both occur, the script marks the event and treats the impulse close as a key “line in the sand” that can influence future reactions. — — — 🎯 How to Use These Levels The script includes a Smart Line behavior that changes level styling based on how price interacts with it—so you can quickly separate two core setups: 1) The Defense (Bounce) Visual: 🟢 Solid line (Fresh / Untouched) What it means: Price has not yet traded through or “invalidated” the level. What to look for: First return to the level → rejection / bounce behavior. Why it matters: Large players often defend prior entries; first tests can react sharply. 2) The Flip (Break & Retest) Visual: ◌ Dotted line (Broken / Re-priced) What it means: A candle has closed through the level. What to look for: Price returns to the dotted level from the other side (“kiss”) → continuation. Why it matters: Broken support can act as resistance (and vice versa), similar to a breaker concept. — — — ✨ Key Features Smart Visualization — levels automatically transition from solid → dotted when broken to reduce chart noise. Impulse Candle Highlighting — see the exact candle that created the level (origin clarity). Fully Customizable Sensitivity — tune volume + size thresholds for Crypto, Forex, Futures, or Stocks. — — — 🚀 The Elev8+ Workflow Think of Impulse Levels as your map : it shows where reactions are most likely. For entry timing, pair it with Elev8+ Pro Reversal to confirm the moment price reacts at these high-value zones. — — — Disclaimer: Trading involves risk. This tool is for educational/technical analysis purposes only and does not guarantee future results.
Pine Script® indicator
by Elev8Plus
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