All-in-One Multi-Indicator Straddle - Strangle StrategyAll-in-One Multi-Indicator Straddle – Strangle Strategy
Overview
All-in-One Multi-Indicator Straddle – Strangle Strategy is an analytical indicator designed for options premium analysis on Indian index derivatives. The script dynamically constructs option symbols based on user-selected index, expiry, and strikes, and visualizes the combined premium (Call + Put) or individual leg premium as candles.
On top of the premium structure, the indicator allows traders to optionally apply multiple technical indicators —EMA crossover, Supertrend, VWAP, RSI, and SMA—to generate structured buy and sell signals on the option premium itself.
This tool is intended strictly for educational and analytical purposes and does not execute trades.
Key Features
Dynamic Option Symbol Construction
Supports NIFTY, BANKNIFTY, FINNIFTY, MIDCPNIFTY, and BSX
User-defined expiry (day, month, year)
Custom Call and Put strike selection
Straddle / Strangle Premium Visualization
Combined Call + Put premium
Only Call premium
Only Put premium
Displayed as candle data for better price-action analysis
Multi-Indicator Confirmation Engine
EMA crossover (fast & slow)
Supertrend with adjustable ATR and factor
Session-reset VWAP on premium
RSI with customizable levels
SMA trend filter - Indicators can be enabled or disabled independently.
Signal Control Logic
One Buy and one Sell signal per trading day
Prevents repeated signals in the same direction
Signals are based on selected indicator confluence
Alerts
Built-in alert conditions for Buy and Sell signals
How It Works
The script builds option symbols using the selected index, expiry, and strike prices.
Option OHLCV data is fetched using request.security.
Depending on the selected mode: (1) Call and Put premiums are combined, or (2) A single leg is analyzed.
The resulting premium is plotted as candles.
Selected indicators are applied directly to the premium price.
Buy/Sell signals are generated only when all enabled conditions align.
Inputs Summary
Index & Expiry
Spot symbol
Expiry day, month, and year (string-based for accuracy)
Strike Selection
Call strike
Put strike
Combined / Only Call / Only Put mode
Indicators (Optional)
EMA (Fast & Slow lengths)
Supertrend (ATR length & factor)
VWAP (volume-weighted premium)
RSI (length, overbought & oversold levels)
SMA (length)
Important Notes & Limitations
This indicator does not place trades and is not a strategy.
Option symbols must exactly match broker-specific naming conventions supported by TradingView.
Data availability depends on TradingView’s option data coverage.
VWAP is session-based and resets on a new trading day.
Signals are analytical references only and should not be considered financial advice.
Intended Use
This indicator is best suited for:
Studying straddle and strangle premium behavior
Monitoring premium trends using technical indicators
Educational analysis of option premium dynamics
Users are encouraged to combine this tool with their own risk management and market understanding.
Indicators and strategies
MTF Equals v1.0MTF Equals is a professional-grade tool designed to identify significant price levels across multiple timeframes. It scans the current chart and higher timeframes (HTF) for identical highs and lows ("Equals"), which often act as price magnets or liquidity pools.
Key Features:
Multi-Timeframe Analysis: Automatically detects identical highs and lows on the current chart, as well as M5, M15, M30, H1, H4, and Daily.
NQ Auto-Detection: Specialized logic for Nasdaq (NQ) that automatically determines the ideal starting point for analysis based on volume, efficiency, and price density.
Live Statistics: Displays the number of touches and the bar distance from the first touchpoint directly on the price level.
Smart Cleaning: Levels are automatically removed once they are significantly breached by price, keeping your chart clutter-free.
Advanced Visuals: Fully customizable colors, line styles, and label positioning (e.g., Align to Margin).
How to use:
Perfect for spotting "Equal Highs/Lows" (Liquidity) or confirming institutional support and resistance zones.
RegimeWorks AUDUSD 4H Regime and Sessions FREEWhat this tool does
RegimeWorks applies a higher-timeframe regime filter (4H) combined with session awareness to classify market conditions as either permitted or blocked.
It shows:
• HTF regime validity (trend + volatility context)
• Directional bias (LONG / SHORT / NONE)
• Volatility state (expanding vs flat)
• Tokyo / London / New York session status
• A clear final outcome: PERMITTED or WAITING
No trade entries.
No exits.
No alerts.
Just decision-level context.
What this tool does not do
This is not a signal indicator.
It intentionally does not include:
• entry logic
• stop loss or take profit rules
• risk sizing
• automation
• strategy backtests
Execution belongs in a separate layer.
Why it exists
Most losses don’t come from bad entries —
they come from trading when no edge exists.
RegimeWorks is built around the idea that permission comes before execution.
If the regime is invalid, the correct trade is often no trade.
How to use it
Use this indicator as a gate, not a trigger.
• If the outcome is WAITING, stay flat
• If the outcome is PERMITTED, then look to your own execution rules
• Combine with your own risk management and strategy
This tool does not replace a trading system —
it protects one.
Part of a larger framework
This AUDUSD release is part of the RegimeWorks multi-market framework, which applies the same regime logic consistently across instruments.
Also available:
• USDJPY
• XAUUSD
Same philosophy. Same structure. Different markets.
RegimeWorks
Rule-based. Regime-gated. Capital-first.
EMA 50 / EMA 200 Crossover2 of 5. this indicator shows a buy and sell label when ema's 9 and 200 cross. you can change settings. I have set alerts when a label appears
devendra Verma 3 SMA3 SMA RSI based can work to know the volatility and movement in the trend
can try to see the crosses of each other to generate buy and sell signals
4 EMA's1 of 5 indicators I use to scalp. the ema's are fully customizable.
my settings are 9, 21,50 and 200
Professional Market StructureThis indicator is designed to simplify market structure by visually identifying the current trend phase using dynamic price channels.
It automatically plots structure-based channels by analyzing recent highs, lows, and price slope to determine whether the market is in an ascending (bullish) or descending (bearish) phase.
🔍 What This Script Shows
Ascending Structure: When price momentum is positive, the channel highlights bullish control.
Descending Structure: When momentum turns negative, the channel shifts to reflect bearish pressure.
Pivot High Labels: Important turning points are marked to help spot potential distribution or exhaustion zones.
Live Trend Status: The current market condition is clearly labeled on the chart.
🎯 How Traders Can Use It
Identify trend direction at a glance
Avoid trading against structure
Spot possible reversal or slowdown areas
Use it as a confirmation tool with supply & demand, liquidity, or price action strategies
🧠 Best Use Case
Forex, Crypto, Indices
Works best on 1H – 4H timeframes
Ideal for educational and structure-based trading
This is a non-repainting, structure-focused tool built for clarity—not clutter.
Buy Sell V1Buy Sell V1 is a non-repainting trend reversal indicator designed to help traders spot buy and sell opportunities easily. It combines triple EMA trend detection, ATR-based sensitivity, and pivot point reversals to generate clear signals. Optional supply/demand zones, info panel, and alerts make it easy to track market direction and act quickly.
Key Features:
Real-time BUY/SELL reversal signals
Adaptive ATR sensitivity for different market conditions
Triple EMA trend detection for bullish/bearish confirmation
Optional supply/demand zone visualization
Customizable info panel and alert system
Best For: Day trading, scalping, and intraday strategies to quickly spot trend changes and key price levels.
#Crypto #Forex #Stocks #TradingView #DayTrading #Scalping #TechnicalAnalysis #Indicators #BuySellSignals #TrendReversal #EMATrend #ATR #PivotPoints #SupplyDemand #TradingTools #NonRepainting #IntradayTrading #MarketAnalysis #PriceAction #TradingAlerts
Point PivotThis pivot point are the best pivot point existing on Trading view. This script is collecting:
- Traditionnal
-Classical
-Fibonnaci
-Woodie
Calculation method.
what is new here ? you are allow to established at least 5 pivot timeframe all different than the other. Why this is innovative? because even for the person in free access you can use several pivot to help your trading
You can add at least 5 extra pivot from S5 to R5
Now, a extrapolation of Camarilla, Fibonnaci and traditionnal pivot point to R8 / S8 is possible
Trading Checklist by GCGFxThis indicator provides an on-chart checklist to follow a trading plan step-by-step. Customize your workflow by editing section headers and item text in Inputs, then manually toggle each checkbox as conditions are met. A progress counter is shown in the title for quick tracking.
How to use:
Edit section headers and item text in Inputs (5 sections, 40 items).
Toggle the ✓ checkbox beside each item as you complete it.
Use wrapping settings to keep the panel from widening when items are long.
Use Cycle ID / Auto-reset to start a fresh checklist for a new trade/day/session (display-only).
Key features:
5 configurable sections, 8 items each
Manual checkboxes + progress counter
Word wrap (character-based)
Alignment + color controls per section
Position controls
Limitations:
TradingView Pine cannot accept mouse clicks inside the panel and cannot automatically untick input checkboxes.
High Low Levels (Year, Month, Week, Day) | SundayOpen | EMAThis indicator plots key market structure reference levels and trend EMAs on a single chart.
Features:
Previous Day / Week / Month / Year High & Low
Sunday Open levels (configurable amount, latest highlighted)
EMA 20 / 50 / 100 / 200
Custom colors, line styles, and widths
Optional labels with adjustable offset
Suitable for intraday and swing trading. Used as a reference for key previous period highs/lows, Sunday Open levels, and EMAs when trading from structure and levels.
_____________________________________________________________________________
Индикатор отображает ключевые уровни рыночной структуры и трендовые EMA на одном графике.
Возможности:
High / Low предыдущего дня, недели, месяца и года
Уровни Sunday Open с настройкой количества (последний выделен)
EMA 20 / 50 / 100 / 200
Гибкая настройка цветов, стилей и толщины линий
Подписи уровней с настраиваемым смещением
Подходит для интрадей-торговли и свинга. Используется для ориентира по ключевым high/low прошлых периодов, Sunday Open и EMA при работе от уровней и структуры.
MNQ Risk TableMNQ Risk Table is a simple visual risk calculator for MNQ position sizing.
It generates a transparent on-chart table that shows your stop size (points), the recommended MNQ contracts, and the total risk used based on your chosen dollar risk.
✅ Customizable risk amount ($)
✅ Adjustable stop range (10–100 pts) + step size
✅ Optional zebra rows for readability
✅ Optional highlighting when risk used is close to your target
✅ Works great for prop / eval accounts and quick sizing decisions
Range Finder Speed CodingThis indicator is based on a Range Filter concept and helps traders identify market direction and strength.
It provides clear information about candle structure, including candle count and range behavior, which helps in understanding price movement more accurately.
The indicator is useful for spotting trend continuation and potential entry zones in ranging and trending markets.
Best suited for intraday and swing trading.
Works well on Forex, Crypto, and Stock markets.
Disclaimer:
This indicator is for educational purposes only. Trading involves risk. Please use proper risk management.
Pendiente EMA20This indicator measures the slope of the 20-period Exponential Moving Average (EMA20) to objectively determine whether it is rising, falling, or flat, removing the need for visual guesswork.
The slope is calculated as the difference between the current EMA20 value and its value N bars ago.
This provides a simple and reliable way to filter market conditions:
Positive slope → EMA20 is rising (bullish bias)
Negative slope → EMA20 is falling (bearish bias)
Near zero → EMA20 is flat (range / no clear trend)
The background color highlights these states for quick visual confirmation.
Notes
A zero threshold is included by default and may need adjustment depending on the asset and timeframe.
For better robustness in ranging markets, consider normalizing the slope using ATR or ticks.
This indicator is intended as a trend filter, not as a standalone trading system.
SGX/GIFT Nifty Non-Indian Hours BoxThis scripts draws a box around the high and low of both the PRE-MARKET and POST-MARKET hours of SGX Nifty.
AI Adaptive Trend Navigator Echo EditionAI Adaptive Trend Navigator
This is an advanced trend-following system optimized for high-volatility index futures (TX). Built upon the LuxAlgo clustering framework, this version introduces several critical enhancements to meet professional trading standards:
1. State Consistency Iteration Enhanced the underlying logic for dynamic arrays and User-Defined Types (UDTs) to ensure stable "State Persistence." This fix eliminates logic gaps during real-time price fluctuations, ensuring that historical backtests perfectly align with live execution.
2. Adaptive Factor Tuning (K-means) The system simulates dozens of parameter paths in real-time, using K-means clustering to automatically select the optimal factor suited for the current market volatility.
3. Advanced Practical Filters
Dynamic Buffer Strategy: Filters out market noise during consolidation and early session volatility.
Confidence Threshold: Only triggers signals when the AI performance score meets the required quality.
Cooldown Logic: Prevents rapid signal flipping in choppy markets.
🧠 開發理念：將 AI 自適應力帶入台指期實戰 針對台指期（TX）高波動特性開發，透過機器學習演算法動態尋優，解決傳統指標參數固定的滯後性。
✨ Echo 版核心優化點
數據連續性迭代：底層邏輯優化，確保訊號在即時盤勢中穩定不跳斷，回測與實戰高度吻合。
自適應動態尋優：透過 K-means 聚類自動鎖定當前最佳 ATR 因子。
實戰多重濾網：包含空間緩衝區 (Buffer) 與信心門檻，大幅提升訊號品質。
📊 視覺說明
🚀 Rocket: AI confirms trend momentum.
⚡ Lightning: Trend exhaustion or reversal warning.
⚠️ Disclaimer: For educational and technical analysis purposes only.
CGvolume 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.
IKODO Harmonic PatternsIKODO Harmonic Patterns Pro
OVERVIEW
IKODO Harmonic Patterns Pro is an advanced harmonic pattern detector that automatically identifies four classic harmonic patterns (Gartley, Bat, Butterfly, and Crab) on your chart. Unlike basic harmonic indicators, this tool not only detects completed patterns but also projects potential patterns in formation, providing early warning signals for upcoming trade opportunities. The indicator includes automatic profit targets, stop loss levels, and a real-time statistics dashboard.
This indicator combines pattern recognition with forward-looking projection, allowing traders to prepare for high-probability setups before pattern completion.
HOW IT WORKS
The indicator uses a sophisticated multi-stage detection system:
1. Pivot Detection: Identifies swing highs and lows using configurable lookback period (default: 5 bars)
2. XABCD Structure Analysis: Searches for valid five-point harmonic structures among recent pivots
3. Fibonacci Ratio Validation: Validates patterns against established harmonic ratio requirements with tolerance
4. Pattern Classification: Determines pattern type (Gartley, Bat, Butterfly, or Crab) based on ratios
5. Completed Pattern Drawing: Draws full XABCD structure with labels when pattern completes at point D
6. Potential Pattern Projection: When XAB is completed, projects potential D point for early warning
7. Target Calculation: Automatically calculates three profit targets based on Fibonacci retracements
8. Risk Management: Places stop loss levels based on pattern structure
The tolerance-based matching (default: 15%) allows the indicator to detect real-world patterns that rarely match exact textbook Fibonacci ratios.
KEY FEATURES
Pattern Detection:
- Four harmonic pattern types: Gartley, Bat, Butterfly, Crab
- Automatic XABCD structure identification
- Tolerance-based Fibonacci ratio matching (10-30% configurable)
- Completed pattern detection with full visualization
- Individual pattern type toggles (enable/disable specific patterns)
Unique Projection System:
- Potential pattern detection when XAB structure completes
- Projects expected D point location based on pattern type
- Early warning before pattern completion
- Visual distinction between completed and potential patterns
- Helps traders prepare entries in advance
Automatic Trading Levels:
- Three profit targets (T1: 38.2%, T2: 61.8%, T3: 100% to point C)
- Automatic stop loss placement (1% beyond point D)
- Visual target lines extending 20 bars forward
- Risk/reward visualization for each pattern
Visual Features:
- Complete XABCD structure drawing with solid lines
- Clear X, A, B, C, D point labels
- Bullish patterns in lime green
- Bearish patterns in red
- Potential patterns in orange with dashed lines
- Pattern information labels with emoji indicators
- Real-time statistics table in top-right corner
Statistics Dashboard:
- Gartley pattern count
- Bat pattern count
- Butterfly pattern count
- Crab pattern count
- Total patterns detected
- Active pivot points count
Alert System:
- Real-time alerts when patterns complete
- Includes pattern name, direction, and price
- One alert per bar to prevent spam
SETTINGS
Detection Settings:
- Pivot Length (3-15): Bars for pivot detection. Lower = more pivots, higher = major pivots only
- Fibonacci Tolerance % (10-30): Matching flexibility. Lower = stricter, higher = more patterns
- Lookback Bars (100-300): How far back to search for patterns
Pattern Selection:
- Gartley: Classic 0.618 retracement pattern
- Bat: Deep 0.886 retracement pattern
- Butterfly: Extension pattern (1.272 or 1.618)
- Crab: Extreme extension pattern (1.618)
- Individual toggles for each pattern type
Display Settings:
- Show Pattern Info: Display detailed pattern information labels
- Show Targets: Display T1, T2, T3 profit target levels
- Show Potential Patterns: Display forming patterns (XAB completed, projecting D)
HOW TO USE
The indicator provides both completed patterns (trade immediately) and potential patterns (prepare for trades).
Completed Patterns (Solid Lines):
When a pattern completes at point D:
1. Pattern appears with solid lines in lime (bullish) or red (bearish)
2. X, A, B, C, D points are labeled
3. Pattern info label shows name, direction, and entry price
4. Three target levels (T1, T2, T3) appear as dashed blue lines
5. Stop loss (SL) appears as red dashed line
Entry Strategy:
- BULLISH Pattern: Enter LONG at or near point D
- BEARISH Pattern: Enter SHORT at or near point D
- Place stop loss at the red SL line (1% beyond D)
- Take partial profits at T1 (38.2% retracement to C)
- Take more profits at T2 (61.8% retracement to C)
- Final target at T3 (point C level)
Potential Patterns (Dashed Lines):
When XAB structure completes but D is not yet formed:
1. Pattern appears with dashed orange lines
2. Dotted line projects from C to expected D location
3. "D?" label marks projected D point
4. Pattern info shows "FORMING" status with target D price
Preparation Strategy:
- Monitor potential patterns for early warning
- Set price alerts at projected D levels
- Prepare entry orders in advance
- Wait for actual price confirmation at D before entering
- Potential patterns may or may not complete - use for planning only
Pattern Information Labels:
- Emoji: Visual pattern identifier (Butterfly, Bat, Crab symbols)
- Direction: BULLISH (green triangle up) or BEARISH (red triangle down)
- Entry: Exact price at point D for entry
- Forming: Indicates potential pattern with projected D price
Statistics Table:
Monitor pattern frequency in top-right corner:
- Individual counts per pattern type
- Total patterns detected on current chart
- Pivot points currently stored
HARMONIC PATTERN DETAILS
Gartley Pattern (0.618 Retracement):
- AB retracement: 61.8% of XA
- AD retracement: 78.6% of XA
- Moderate reversal pattern
- Most common harmonic pattern
- Good risk/reward ratio
Bat Pattern (0.886 Retracement):
- AB retracement: 38.2% or 50% of XA
- AD retracement: 88.6% of XA
- Deep retracement pattern
- Strong reversal potential
- Tight stop loss placement
Butterfly Pattern (Extension):
- AB retracement: 78.6% of XA
- AD extension: 127.2% or 161.8% of XA
- Extension beyond X point
- Powerful reversal pattern
- Requires wider stops
Crab Pattern (Extreme Extension):
- AB retracement: 38.2% or 61.8% of XA
- AD extension: 161.8% of XA
- Extreme extension pattern
- Highest profit potential
- Rarest pattern type
RECOMMENDED SETTINGS BY TIMEFRAME
Scalping (1m-5m):
- Pivot Length: 3-5
- Tolerance: 20-25%
- Lookback: 100-150
- Focus: Quick entries, tight targets
- Use T1 and T2 only
Day Trading (15m-1H):
- Pivot Length: 5 (default)
- Tolerance: 15% (default)
- Lookback: 200 (default)
- Focus: Intraday swings
- Use all three targets
Swing Trading (4H-Daily):
- Pivot Length: 7-10
- Tolerance: 10-15%
- Lookback: 250-300
- Focus: Multi-day trends
- Hold for T3, possibly beyond
Position Trading (Daily-Weekly):
- Pivot Length: 10-15
- Tolerance: 10-12%
- Lookback: 300
- Focus: Major reversals
- Target extensions beyond C
RECOMMENDED INSTRUMENTS
Best Performance:
- Forex major pairs (EURUSD, GBPUSD, USDJPY) - Clear harmonic structures
- Cryptocurrency (BTC, ETH) - High volatility creates patterns
- Stock indices (SPY, QQQ, ES, NQ) - Institutional participation
- Liquid commodities (GOLD, SILVER, OIL) - Trending behavior
- Large-cap stocks (AAPL, MSFT, TSLA) - Good volume
Avoid:
- Low-volume altcoins (erratic pivots)
- Penny stocks (unreliable patterns)
- Illiquid options (wide spreads)
- Newly listed assets (insufficient history)
BEST PRACTICES
1. Confirmation is Key:
- Wait for point D to actually form before entering
- Potential patterns are projections, not guarantees
- Use additional confirmation (volume, candlestick patterns)
- Don't enter blindly at projected D points
2. Risk Management:
- Always use the provided stop loss level
- Risk maximum 1-2% per trade
- Position size based on stop distance
- SL is 1% beyond D - adjust if needed for your risk tolerance
3. Target Management:
- Take partial profits at each target level
- Example: 50% at T1, 30% at T2, 20% at T3
- Move stop to breakeven after T1 hit
- Consider holding beyond T3 if momentum strong
4. Pattern Quality:
- Clearer patterns (tighter Fibonacci ratios) = higher probability
- Patterns on higher timeframes more reliable
- Patterns with volume confirmation better
- Avoid patterns with choppy, overlapping pivots
5. Market Context:
- Bullish patterns more reliable in uptrends
- Bearish patterns more reliable in downtrends
- Counter-trend patterns need strong confirmation
- Avoid patterns during major news events
6. Use the Projection Feature:
- Set alerts at projected D levels
- Prepare trading plan in advance
- Monitor price action as it approaches projected D
- Don't assume potential pattern will complete
LIMITATIONS
Technical Limitations:
- Patterns are drawn retrospectively after pivot confirmation
- Pivot lookback creates detection delay (minimum 5 bars after D forms)
- Tolerance-based matching means not all patterns are perfect textbook examples
- Maximum 50 pivots stored - very old patterns may be missed
- Potential pattern projections are estimates, not guarantees
- D point projections assume XA ratio only, don't account for CD/BC ratios
Market Limitations:
- False breakouts can invalidate patterns quickly
- Choppy markets produce many overlapping patterns
- Gap markets may complete patterns at unexpected prices
- News events can cause patterns to fail instantly
- Not all patterns reach all three targets
- Some patterns break stop loss before reversing
Usage Limitations:
- Requires understanding of harmonic pattern theory
- Not suitable for complete beginners
- Should combine with other analysis (volume, support/resistance)
- Pattern recognition is not predictive of future results
- Potential patterns often don't complete
- Statistics table resets on chart reload (not persistent)
ORIGINALITY
This indicator implements advanced harmonic pattern detection with unique forward-looking projection capabilities.
Core Innovation:
- Potential pattern projection when XAB completes (early warning system)
- Automatic profit target calculation with three levels
- Built-in stop loss placement based on pattern structure
- Real-time statistics dashboard for pattern tracking
- Visual distinction between completed and forming patterns
Trading Edge:
The potential pattern feature sets this indicator apart from standard harmonic detectors. By projecting expected D points when XAB structure completes, traders can:
- Prepare entries before pattern completion
- Set limit orders at projected levels
- Plan risk management in advance
- Avoid chasing completed patterns
- Identify high-probability zones early
Technical Implementation:
- Efficient pivot storage system (maximum 50 pivots, auto-cleanup)
- Dual-loop pattern detection (completed + potential)
- Dynamic projection calculation based on Fibonacci extensions
- Automatic target and stop loss generation
- Clean visual hierarchy (solid = completed, dashed = potential)
- Performance-optimized for real-time detection
Educational Value:
- Shows complete XABCD structure clearly
- Labels all five points explicitly
- Displays pattern name and direction
- Visual targets teach Fibonacci profit taking
- Statistics help traders understand pattern frequency
- Potential patterns teach pattern formation process
WHY THIS IS UNIQUE (NOT JUST ANOTHER HARMONIC INDICATOR)
While harmonic patterns are well-established concepts, this implementation provides unique value through its projection system and integrated trading tools.
Differentiation from Standard Harmonic Indicators:
Most harmonic indicators on TradingView:
- Only show completed patterns (after price already moved)
- No profit target calculation
- No stop loss guidance
- No early warning system
- Just draw lines without trading context
- No statistics or pattern tracking
This IKODO Harmonic Patterns Pro provides:
- POTENTIAL PATTERN PROJECTION (unique early warning feature)
- AUTOMATIC TARGET LEVELS (T1, T2, T3 calculated for every pattern)
- BUILT-IN STOP LOSS (risk management included)
- DUAL DETECTION SYSTEM (completed + forming patterns)
- STATISTICS DASHBOARD (pattern frequency tracking)
- COMPLETE TRADING CONTEXT (entry, targets, stops all visualized)
WHY POTENTIAL PATTERN PROJECTION IS UNIQUE:
Standard harmonic indicators wait for point D to form before drawing anything. By that time, price has already moved significantly. This indicator identifies when XAB structure is complete and projects where D should form based on the pattern type.
Benefits of Projection System:
1. Early Warning: Know high-probability reversal zones before price arrives
2. Preparation Time: Set limit orders and alerts in advance
3. Better Entries: Enter at projected D instead of chasing after completion
4. Risk Planning: Calculate position size before pattern completes
5. Market Awareness: Understand potential reversal zones forming
How Projection Works:
- Monitors for completed XAB structures in real-time
- Calculates AB/XA ratio to determine likely pattern type
- Projects D point using appropriate Fibonacci extension (0.786 for Gartley, 0.886 for Bat, etc.)
- Draws dashed orange lines from XA to projected D
- Updates projection as new XAB structures form
- Converts to solid line completed pattern when actual D forms
This forward-looking capability transforms harmonic trading from reactive (waiting for completion) to proactive (preparing for completion).
AUTOMATIC TARGET AND STOP LOSS SYSTEM:
Many harmonic indicators show patterns but leave traders guessing about profit targets and stops. This indicator calculates and displays:
Target Calculation Logic:
- T1 (First Target): 38.2% Fibonacci retracement from D to C
- T2 (Second Target): 61.8% Fibonacci retracement from D to C
- T3 (Final Target): 100% retracement to point C level
- Extensions: Visual lines extend 20 bars forward for clarity
Stop Loss Calculation:
- Placed 1% beyond point D (below D for bullish, above D for bearish)
- Provides cushion for minor price fluctuations
- Invalidates pattern if price moves against setup
- Conservative placement suitable for most strategies
This integrated risk management system makes the indicator actionable for traders without requiring manual Fibonacci tool usage or calculation.
VISUAL HIERARCHY AND CLARITY:
Clear visual communication separates completed patterns from potential patterns:
Completed Patterns:
- Solid bright lines (lime green = bullish, red = bearish)
- All five points labeled (X, A, B, C, D)
- Pattern info label with emoji, direction, entry price
- Target levels in blue with T1, T2, T3 labels
- Stop loss in red with SL label
- Professional appearance, easy to identify
Potential Patterns:
- Dashed orange lines (distinct from completed)
- Dotted projection line from C to expected D
- "D?" label at projected point
- "FORMING" status in info label
- Less prominent to avoid confusion
- Clear visual indication this is projection, not fact
This hierarchy prevents traders from confusing projections with actual patterns, maintaining realistic expectations.
STATISTICS AND PATTERN TRACKING:
The real-time statistics table provides valuable pattern frequency data:
- Track which patterns occur most often on your instrument
- Understand pattern distribution across timeframes
- Monitor total pattern count for backtesting context
- See active pivot count for detection sensitivity
- Helps traders specialize in specific pattern types
- Data-driven approach to pattern trading
SIMPLIFIED SETTINGS FOR USABILITY:
Unlike overly complicated harmonic indicators with dozens of inputs, this indicator focuses on three core settings:
1. Pivot Length: Controls pivot sensitivity (major vs minor pivots)
2. Fibonacci Tolerance: Controls pattern strictness (strict vs flexible)
3. Lookback Bars: Controls detection range (recent vs historical)
This simplicity makes the indicator accessible to traders learning harmonic patterns while providing enough flexibility for advanced users.
COMPARISON TO OTHER HARMONIC INDICATORS:
Search TradingView for "harmonic patterns" and you'll find indicators that only show completed patterns with no targets, no stops, no projection system, overly complicated settings, poor visual clarity, or frequent repainting.
This indicator provides a complete harmonic trading system with early warning projection, automatic trading levels, clean professional visuals, simplified intuitive settings, and zero repainting (confirmed pivots only).
The originality lies not in inventing harmonic patterns (they're well-established), but in creating a COMPLETE TRADING TOOL with projection capability, integrated risk management, and professional execution that solves the limitations of basic harmonic indicators.
DISCLAIMER
This indicator is for educational and informational purposes only. It is NOT financial advice, investment advice, or a recommendation to buy or sell any asset. Harmonic patterns do not guarantee profitable trades. Projected potential patterns are estimates and may not complete. Price may not reach all target levels. Stop losses can be hit before reversal occurs. Past pattern performance does not indicate future results. Always use proper risk management, employ stop losses, never invest more than you can afford to lose, and do your own research (DYOR). Consult a licensed financial advisor before making investment decisions.
RISK MANAGEMENT
Essential Risk Rules:
- Always use the provided stop loss levels
- Risk maximum 1-2% of account per trade
- Position size based on stop distance to D point
- Never enter potential patterns without price confirmation
- Not all patterns reach all three targets
- Take partial profits at each target level
- Move stop to breakeven after T1 is hit
- Don't trade patterns during major news events
Position Management:
- Enter at or near point D completion
- Use limit orders at projected D for potential patterns
- Scale out: 50% at T1, 30% at T2, 20% at T3
- Trail stops in strong moves beyond T3
- Exit immediately if stop loss is hit
- Don't average down if pattern fails
MARKET CONDITIONS
Works Best In:
- Trending markets with clear pivot structures
- Assets respecting Fibonacci levels
- After strong impulsive moves creating clear XA legs
- Liquid instruments with tight spreads
- Markets with institutional participation
Works Poorly In:
- Extremely choppy, range-bound conditions
- Low-liquidity instruments with erratic price action
- During unexpected major news events
- Markets with frequent gaps (overnight, crypto futures)
- Newly listed assets with limited price history
VERSION HISTORY
v1.0 - January 26, 2026
- Initial release
- Four harmonic pattern types (Gartley, Bat, Butterfly, Crab)
- Potential pattern projection system (XAB-based D projection)
- Automatic profit targets (T1, T2, T3)
- Built-in stop loss placement
- Real-time statistics dashboard
- Tolerance-based Fibonacci matching
- Completed and forming pattern visualization
- Pattern-specific alert system
- Individual pattern toggles
TS vela anterior (M15) This script detects a “TS” (sweep + close back inside) against the immediately previous candle (1-bar), and it triggers only after the candle closes.
What it considers a “TS” (vs the previous candle)
1) Bearish TS (marker above the candle)
It flags a bearish TS when the current candle:
Breaks above the previous candle’s high (high > high )
Then closes back below that previous high (close < high )
And the close is still inside the previous candle’s range (close > low )
Extra filter you requested: the candle must be bearish (black) → close < open
2) Bullish TS (marker below the candle)
It flags a bullish TS when the current candle:
Breaks below the previous candle’s low (low < low )
Then closes back above that previous low (close > low )
And the close is inside the previous candle’s range (close < high )
Extra filter you requested: the candle must be bullish (white) → close > open
What it does when a TS is detected
Plots a small “TS” triangle:
Above the candle for bearish TS
Below the candle for bullish TS
Provides alert conditions so you can create TradingView alerts for:
Any TS
Bearish TS only
Bullish TS only
Notes
It detects TS only against the previous candle (1-bar), not against multi-candle swing highs/lows.
Doji candles (close == open) are excluded by the bullish/bearish color filter.
Multiple Customizable MAs (SMA / EMA)Below is a simple code for multiple moving average lengths. Easy to use EMA/SMA
EMA 200 Color ChangeEMA 200 Color Change show the trend for price, if green with green shade then trend positive and if red with red shade then we assume trend is negative.
CGalgo 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.
