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Indicators and strategies

Pin Bar Detector [SSFX]Pin Bar Detector is an indicator designed to automatically identify Bullish Pin Bars and Bearish Pin Bars directly on the chart based on candle structure and wick proportions. It is built for price action traders who want a fast and objective way to spot rejection candles without manually checking every bar. The script evaluates each candle using three main components: Body size relative to the full candle range Main wick size Opposite wick size For a Bullish Pin Bar, the indicator looks for candles with: a small body a long lower wick a small upper wick For a Bearish Pin Bar, the indicator looks for candles with: a small body a long upper wick a small lower wick One of the main strengths of this script is its flexibility. Users can adjust how strict the pin bar definition should be through the available inputs: Max body % of candle range: sets the maximum body size allowed relative to the full candle range Min long wick % of candle range: requires the main wick to represent at least a certain percentage of the full candle range Max opposite wick % of candle range: limits the size of the opposite wick so the candle keeps a clean pin bar structure In addition to wick and body structure, the indicator also includes an optional candle color filter for stricter confirmation: Bullish Pin Bar must close bullish Bearish Pin Bar must close bearish This helps filter out candles that visually resemble pin bars but close with weaker confirmation. For visualization, the indicator supports: bullish markers below bullish pin bars bearish markers above bearish pin bars optional text labels optional candle coloring for detected pin bars built-in alert conditions for TradingView alerts This indicator can be useful in many price action situations, such as: spotting reversal candles at support and resistance identifying rejection candles in trending markets combining with market structure, supply and demand, trendlines, or moving averages scanning for price action setups across multiple timeframes Disclaimer: This indicator is for educational and research purposes only. It does not provide financial advice or guarantee trading performance.
Pine Script® indicator
by SimplySafeFx
Flexible Moving Averages with MACD and RSI Every stock momentum can be identified either by crossing of higher EMA by lower EMA or MACD line crossing signal line and moving up or RSI value rising above 45 or 50. This indicator combines Moving averages with MACD and RSI How to use: Configure any or all of 5 moving averages according to your preference. It can be EMA or SMA. Configure symbols for MACD crossing or RSI rising. By default, if RSI crosses above 50, green triangle appears below candle. If RSI crosses 50 and comes down, red inverted triangle appears above candle By default, if MACD line crosses signal line and moves above, green dot appears below candle. If MACD line crosses signal line and moves down, red dot appears above candle These indications can give the user how much time RSI and MACD crossing happened along with EMA crossovers. User can take calculated decision and risk
Pine Script® indicator
by Naathaz
Aegis DTC Style Bounce Back SystemAegis DTC Style Bounce Back System ■ OVERVIEW Aegis DTC Style Bounce Back System is a trend-following and mean-reversion hybrid strategy. It utilizes a dynamic EMA Ribbon to identify the primary market bias and automatically generates Support/Resistance zones based on recent price extremes. The system is designed to catch high-probability "bounce back" opportunities within an established trend. ■ KEY FEATURES Gradient EMA Ribbon: A multi-layered EMA cloud that visualizes trend strength and potential exhaustion points through color transitions. Auto-Dynamic Zones: High-precision support and resistance boxes that update in real-time based on lookback periods, marking institutional supply and demand areas. Target Projection: Provides dashed target lines upon signal generation to assist in profit-taking and trade planning. Trend-Validated Signals: BUY/SELL labels are filtered through the EMA ribbon to ensure entries are aligned with the prevailing momentum.
Pine Script® indicator
by wjdtks255
Aegis Quantum Energy Band [wjdtks255]Aegis Quantum Energy Band : High-Volatility Breakout System ■ OVERVIEW Aegis Quantum Energy Band is a volatility-based breakout framework that utilizes a hybrid envelope system to identify institutional entry points. By integrating Standard Deviation Bands with a Volume Spike Filter, it distinguishes between market noise and high-conviction momentum shifts, ensuring traders only enter when real energy is present. ■ CORE STRATEGY Energy Confirmation: Signals are only generated when volume exceeds the average by 1.8x, confirming institutional participation. Structural Breakout Filter: Validates the strength of the breakout bar’s body to avoid "Fake-outs." Flat Market Protection: Incorporates a slope-based filter to prevent entries during low-volatility consolidation phases. Dynamic Risk Execution: Automatically calculates and plots Target (TP) and Stop (SL) levels based on ATR, providing a clear execution roadmap.
Pine Script® indicator
by wjdtks255
Fabio AMT v4 - Auction Market//@version=6 indicator( title = "Fabio AMT v4 - Auction Market", shorttitle = "AMT v4", overlay = true, max_boxes_count = 30, description = " # FABIO AMT v4 — MANUAL DE USO Indicador basado en el Auction Market Playbook de Fabio Valentini. Combina Value Area del D1 anterior + LVN detection + señales mecánicas de entrada. Diseñado para Gold Futures (GC/XAUUSD) en cuentas fondeadas Topstep. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ## ¿QUÉ HACE ESTE INDICADOR? ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Responde tres preguntas antes de cada trade: 1. ¿Está el mercado en tendencia o en rango? 2. ¿Dónde está el nivel exacto de entrada? 3. ¿Hay momentum real detrás del movimiento? Si las tres respuestas se alinean → hay trade. Si una sola falta → quedarse flat. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ## EL PANEL (esquina superior derecha) ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ AMT STATE → Estado del mercado vs. el VA del D1 anterior DESEQUILIBRIO = precio sobre VAH → buscar M1 Trend Long DESEQUILIBRIO = precio bajo VAL → buscar M1 Trend Short EN BALANCE = precio en VA → solo M2 Mean Reversion SESGO D1 → Estructura del día anterior BULLISH D1 = máx > máx y mín > mín (HH + HL) BEARISH D1 = máx < máx y mín < mín (LH + LL) INDEFINIDO = estructura mixta → no operar M1 MODELO → Cruce automático de AMT STATE + SESGO D1 M1 Trend - LONG = desequilibrio + bullish D1 M1 Trend - SHORT = desequilibrio + bearish D1 M2 MeanRev - SHORT→POC = en balance + precio vino de arriba M2 MeanRev - LONG→POC = en balance + precio vino de abajo Sin modelo claro = NO operar ese día TARGET → Siempre el POC del D1 anterior. Salida total ahí. VAH / POC / VAL → Niveles numéricos del Value Area ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ## LÍNEAS Y ELEMENTOS EN EL GRÁFICO ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ── VAH (verde) → Techo del área de valor del D1 anterior Precio encima = desequilibrio bullish ── POC (morado) → Punto de control = precio más aceptado del D1 Siempre es el TARGET de salida ── VAL (verde) → Suelo del área de valor del D1 anterior Precio debajo = desequilibrio bearish Zona VA coloreada → Relleno dinámico entre VAH y VAL Verde = precio sobre VA (M1 bull activo) Rojo = precio bajo VA (M1 bear activo) Morado = precio en VA (zona M2) □ Caja amber (LVN) → Zona de bajo volumen tras un impulso Punto exacto de entrada potencial Esperar que precio retroceda aquí ▲ Triángulo verde → Señal mecánica Long Precio tocó LVN y cerró por encima NO ejecutar sin confirmar agresión footprint ▼ Triángulo rojo → Señal mecánica Short Precio tocó LVN y cerró por debajo NO ejecutar sin confirmar agresión footprint ● Círculo verde → Impulso bullish confirmado (vela > ATR × factor) ● Círculo rojo → Impulso bearish confirmado Si ves círculo sin triángulo = esperar el retroceso Fondo morado tenue → Precio muy cerca del POC (< ATR × 0.5) En trade: evaluar salida parcial/total Sin trade: no abrir posición aquí ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ## MODELO 1 — TREND CONTINUATION (M1) ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Cuándo: precio fuera del VA + sesgo D1 alineado Sesión: 10–11 AM EST (Silver Bullet window) — NO apertura London Paso 1 → Confirmar panel: AMT STATE desequilibrio + SESGO D1 alineado Paso 2 → Esperar caja amber activa tras impulso en esa dirección Paso 3 → Aguardar retroceso del precio hasta la caja amber Paso 4 → Verificar agresión en footprint (big buy/sell prints o CVD) Paso 5 → Triángulo aparece + agresión confirmada → ejecutar manualmente Paso 6 → SL justo debajo/encima del print agresivo + 1–2 ticks buffer Paso 7 → TP en el POC del panel. Cerrar 100% ahí. Invalidación: precio vuelve a entrar al VA → salir inmediatamente ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ## MODELO 2 — MEAN REVERSION (M2) ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Cuándo: precio en balance + breakout fallido Sesión: London open o días comprimidos. También válido en NY open. Paso 1 → Panel dice EN BALANCE + modelo M2 MeanRev activo Paso 2 → Precio intentó salir del VA pero no tuvo follow-through Paso 3 → NO entrar en el primer movimiento de regreso (muy arriesgado) Paso 4 → Esperar reclaim claro dentro del VA Paso 5 → Esperar pullback al LVN de esa pierna de reclaim Paso 6 → Confirmar agresión footprint en dirección del snap-back Paso 7 → Ejecutar manualmente → TP en el POC → SL sobre/bajo el failed high/low Invalidación: precio sale del otro lado del VA → salir inmediatamente ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ## GESTIÓN DE RIESGO ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Riesgo por trade: 0.25%–0.5% de la cuenta Stop Loss: Justo más allá del print agresivo + 1–2 ticks buffer Nunca moverlo más lejos — si toca, era trade incorrecto Break-even: Mover SL a entrada cuando CVD sigue fuerte y el precio recorrió la mitad del camino al target Target: POC del panel — salida total siempre R:R esperado: 1:2.5 a 1:5 en condiciones normales Máx trades/día: 3 en total. Si 2 seguidos pierden → cerrar plataforma REGLAS TOPSTEP: - Ejecución 100% manual (bots prohibidos) - El triángulo es alerta visual, no orden automática - Respetar trailing drawdown con el 0.25%–0.5% de riesgo ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ## INPUTS CONFIGURABLES ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Value Area % (default 0.70) % del rango D1 que define el VA. 0.70 = estándar AMT. No cambiar. Factor ATR impulso (default 1.5) Multiplicador del ATR(14) para detectar impulso real. Subir a 2.0 en días de alta volatilidad en Gold. Sensibilidad LVN (default 0.30) Qué tan bajo debe ser el volumen vs. media de 20 períodos. Bajar a 0.20 en días de volumen extremo. Mostrar LVNs (default true) Activa las cajas amber. Siempre dejar activado. Mostrar señales (default true) Activa triángulos de entrada. Activado en trading activo. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ## RUTINA DIARIA ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ PREMARKET (antes 9:30 AM EST): □ Leer panel: anotar VAH, POC, VAL □ Confirmar AMT STATE + SESGO D1 + MODELO □ Si INDEFINIDO o Sin modelo → día de observación □ Poner alertas en VAH, POC y VAL □ Revisar noticias macro 10–11 AM EST SILVER BULLET WINDOW (10:00–11:00 AM EST): □ Panel confirma M1 → esperar caja amber □ Precio retrocede a caja → abrir footprint □ Agresión confirmada + triángulo → ejecutar □ Colocar SL y TP de inmediato □ Break-even a mitad del camino si CVD positivo □ Cerrar total en el POC POST-TRADE: □ Registrar en Tradezella: modelo, LVN respetado, resultado □ Si perdiste 2 seguidos → cerrar plataforma el resto del día ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ## ERRORES MÁS COMUNES ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ✗ Entrar solo por el triángulo sin confirmar footprint ✗ Operar cuando el panel dice 'Sin modelo claro' ✗ Mover el SL más lejos cuando el trade va en contra ✗ Entrar en el impulso inicial en lugar de esperar el retroceso al LVN ✗ No cerrar en el POC y esperar más ganancia ✗ Operar M1 fuera de la ventana 10–11 AM EST ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ## SEMÁFORO DE DECISIÓN DIARIA ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ VERDE → Operar: AMT STATE claro + Sesgo alineado + Modelo M1 o M2 activo AMARILLO → Cuidado: Sesgo indefinido o M2 sin LVN visible → solo observar ROJO → No operar: Panel sin modelo claro O ya perdiste 2 trades hoy ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ REGLA DE ORO: sin agresión en footprint = sin trade. Los triángulos son alertas. La ejecución siempre es manual. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ")
Pine Script® indicator
by luismamt2017
Aegis Quantum Momentum Wave [wjdtks255]Quantum Momentum Wave : Energy-Based Oscillator ■ OVERVIEW (English) Quantum Momentum Wave is a sophisticated oscillator that quantifies market inertia by synthesizing price velocity and volume data. Unlike standard momentum tools, it identifies the "hidden energy" behind price movements, allowing traders to spot trend exhaustion and reversal points before they manifest in price action. ■ CORE FEATURES Force Index Evolution: Utilizes a modified Elder’s Force Index to visualize buying and selling pressure as a continuous wave. Momentum Pivot Detection: Specialized signal dots identify precise moments when energy shifts, providing early warnings for trend reversals. Smart Divergence Engine: Automatically detects bullish and bearish divergences (Yellow Diamond signals) where price and energy drift apart, predicting high-probability exhaustion zones. Zero-Line Polarity: Instant visual confirmation of market dominance through color-coded area plots (Aqua for Bulls, Red for Bears).
Pine Script® indicator
by wjdtks255
Correlation Thermal Matrix [ShigemiQuant]What's hidden in your portfolio? Two "diversified" positions can silently carry the same risk — but a standard correlation table won't show you the structure behind it. Correlation Thermal Matrix (CTM) goes further: it builds a live pairwise heatmap for up to 15 symbols, then applies K-Means clustering to automatically group symbols that share similar correlation behavior. The result is a block-diagonal matrix where hidden risk clusters become immediately visible — something no other public TradingView indicator currently offers. ━━ What It Does ━━ CTM calculates pairwise Pearson correlation coefficients for up to 15 symbols and renders them as a color-coded thermal matrix directly on your chart. Red cells indicate strong negative correlation (-1.0), white indicates near-zero, and blue indicates strong positive correlation (+1.0). Beyond the heatmap, a K-Means algorithm analyzes each symbol's full row of correlations — its "correlation profile" — and groups symbols with similar profiles into clusters. The matrix is then reordered so that clustered symbols sit adjacent to each other, separated by clear visual dividers. This block-diagonal structure reveals the hidden architecture of your watchlist at a glance. ━━ Key Features ━━ K-Means Clustering (ML) — Automatically groups symbols whose correlation profiles are similar. Adjustable from K=2 to K=5 clusters (default K=3). Powered by MLMatrixLib. Block-Diagonal Sorting — Clustered symbols are placed adjacent to each other with separator rows/columns at cluster boundaries, making structural patterns impossible to miss. Live Correlation Heatmap — Pairwise correlations for up to 15 symbols, updated every bar. Manual Pearson calculation bypasses ta.correlation() limitations for full flexibility. 3 Built-in Presets + Custom Mode — FX Majors (12 pairs including EURUSD, GBPUSD, USDJPY), US Stocks (AAPL, MSFT, GOOGL and more), Crypto (BTC, ETH, SOL and more), or define your own symbols entirely. Auto Duplicate Skip — If your chart symbol already exists in the preset, CTM automatically removes the duplicate so no slot is wasted. Flexible Display — Choose table position (9 locations), text size (Tiny / Small / Normal), and toggle numeric values on or off. Open Source — Full source code available under Mozilla Public License 2.0. Read it, learn from it, build on it. ━━ How to Use ━━ Step 1 — Add CTM to any chart. Select a preset (FX Majors / US Stocks / Crypto) or switch to Custom and enter your own symbols. Step 2 — Read the heatmap. Deep blue cells = highly correlated pairs. Deep red = inversely correlated. White = independent. If two positions you hold are deep blue, you are more concentrated than you think. Step 3 — Check the cluster blocks. Symbols inside the same block share similar correlation behavior. Symbols in different blocks offer genuine diversification. Step 4 — Adjust the correlation period (default 20 bars) to match your trading horizon. Shorter periods capture recent regime shifts; longer periods reveal structural relationships. Step 5 — Watch for changes. When a pair that was previously uncorrelated suddenly turns blue, this often signals a regime change — reassess your exposure accordingly. ━━ Parameters ━━ Parameter Default Range / Options Correlation Period 20 5 - 100 bars Cluster Count (K) 3 2 - 5 Symbol Preset FX Majors FX Majors / US Stocks / Crypto / Custom Table Position Top Right 9 chart positions Text Size Tiny Tiny / Small / Normal Show Values On On / Off ━━ Practical Applications ━━ Concentration risk detection — Holding EURUSD and GBPUSD simultaneously? If their correlation reads +0.92, your effective exposure is nearly doubled. CTM makes this visible before the drawdown does. Diversification discovery — Symbols in separate clusters behave independently. For example, if BTC and ETH land in Cluster 1 while SOL sits in Cluster 2, SOL may offer genuine diversification against the BTC/ETH group. Use cluster membership to build positions that don't collapse together. Regime change early warning — A correlation that breaks from its historical pattern signals a structural shift in the market. Monitor cluster membership over time — when a symbol migrates from one cluster to another, it deserves attention. ━━ Suggested Workflow ━━ 1. Detect risk clusters (CTM) — Identify which of your positions share correlated behavior. 2. Find independent momentum (Multi-Symbol Momentum Screener) — Screen for momentum signals, then cross-check with CTM to confirm those signals come from different clusters. 3. Size by real exposure (Smart Position Sizer) — Allocate position size based on per-cluster exposure rather than per-symbol, so correlated groups don't silently dominate your book. ━━ About ShigemiQuant ━━ ShigemiQuant builds open-source quantitative tools focused on risk management and portfolio intelligence. Every script is designed to solve a real trading problem — no repainting, no black boxes, fully readable source code. ━━ Changelog ━━ v1.0 — Initial release. Live correlation heatmap with K-Means clustering, 3 presets, block-diagonal sorting, and auto duplicate skip.
Pine Script® indicator
by ShigemiQuant
Daily Bias - Bull / Bear / Neutral [Phil Vo]This indicator is built to help traders quickly understand the current daily market bias in a simple visual way. It combines basic market structure with moving average trend filters to classify price conditions as bullish, bearish, or neutral. The script looks at swing highs and swing lows to detect whether price is forming higher highs and higher lows, or lower highs and lower lows. It then confirms that structure with the 50-period and 200-period moving averages. When both structure and trend filter agree, the indicator displays a clear directional bias. When they do not align, it shows a neutral or choppy condition instead. The goal is to reduce confusion and help traders stay aligned with the broader directional context before looking for entries on lower timeframes. Key features: Clear Bullish / Bearish / Neutral bias label Optional background color for fast chart reading 50 MA and 200 MA trend filters Swing-based market structure confirmation Last swing high and swing low reference points Alert conditions when bias flips bullish or bearish This is not a signal or entry tool. It is designed as a simple decision-support overlay to help traders understand whether the market structure and trend are aligned. You can use it as a higher-timeframe guide before planning executions with your own strategy, price action model, or risk management rules.
Pine Script® indicator
by BullBearInsights
WatermarkWatermark A simple, clean watermark indicator designed to keep your trading mindset front and center while you work. Displays two fully customizable lines of text directly on your chart background — perfect for affirmations, rules, or reminders that keep you disciplined during a session. Features: Two editable text lines Full color picker for text Adjustable fade Five text size options Clean status line (no clutter) How to Use: Add the indicator to your chart, then click the Settings gear ⚙️ to customize the text, color, size, and fade to match your chart theme. Default Text: "Trade with no emotion" "Not what you think it will do" These two reminders were chosen intentionally — emotions are the #1 account killer, and the market will humble anyone who thinks they know what's coming next. Customize the text to whatever rules or mantras matter most to your own trading process. Free to use. No signals, no repaints, no nonsense — just a quiet reminder of what good trading looks like.
Pine Script® indicator
by Kirk_M
Peachy ORB Opening Range BreakoutPeachy ORB — Opening Range Breakout Scalper A precision opening range tool for 15-minute stock scalping, built around the first 15 and 30 minutes of the regular session with pre-market context layered in. What it does Peachy ORB tracks three critical price ranges and surfaces high-probability reversal entries when price interacts with them: 15-min ORB (9:30–9:45 ET) — purple dashed lines marking the first 3 candles' high/low 30-min ORB (9:30–10:00 ET) — blue filled box with a 50% mid-level for mean-reversion plays Pre-market ORB (4:00–9:29 ET) — orange box showing overnight sentiment and likely magnets Instead of chasing breakouts, Peachy ORB looks for failed breakouts and rejections — the setups that consistently pay on opening range trades. Signals Four signal types plot directly on your chart: Bullish Reject (↑) — Price dipped below the 30-min low, then closed back above it. Failed breakdown = long setup Bearish Reject (↓) — Price pushed above the 30-min high, then closed back below. Failed breakout = short setup Higher Low (circle) — Three consecutive higher lows forming above the ORB low, confirming long bias Lower High (circle) — Three consecutive lower highs below the ORB high, confirming short bias Range day warning If price is still trapped inside the 30-min range at 10:15 ET, the background turns yellow — your signal to stand down. Range days chop up scalpers. The indicator tells you when to sit on your hands. Why it works The first 30 minutes of the session set the tone for most stock moves. Price that gets rejected at the opening range edges almost always retests the other side. Peachy ORB doesn't try to predict direction — it waits for the tape to show its hand, then flags the reversal as it's confirming. Best for 5-minute charts on liquid US equities (SPY, QQQ, high-volume single names) 9:45 ET onward — the 15-min box is locked and meaningful Pair with level 2 or volume confirmation for scalps Alerts Five built-in alerts cover bullish/bearish rejections, higher-low/lower-high confirmations, and the range day warning. Not financial advice. Backtest on your preferred tickers before going live. A few notes on the script itself before you publish — worth sanity checking: The 15-min ORB "window" logic has a redundant condition: (hour == 9 and minute >= 30 and minute < 45) or (hour == 9 and minute == 30) — the second clause is already covered by the first Your chart timezone needs to be set to New York for the hour/minute checks to work correctly; worth mentioning in the description or handling with timestamp() in a session input Consider using input.session() for the ORB windows so international users can adapt it without editing the code Yours Truly, Mr. Bags
Pine Script® indicator
by mrbags
Structural Momentum Bias [JOAT] Structural Momentum Bias Introduction Structural Momentum Bias is an overlay indicator that combines pivot-based market structure classification with a double-smoothed momentum band system to identify the current market regime and its directional bias. The indicator continuously tracks swing highs and lows, classifies them as higher highs, lower highs, higher lows, or lower lows, and scores momentum strength on a 0-5 scale using band position and structure alignment. A break-of-structure detection system marks confirmed liquidity shifts in real time. The core problem this indicator addresses is the disconnect between price structure and momentum. Many traders either follow structure without measuring momentum strength, or use oscillators without understanding what market structure those signals occur within. This indicator unifies both, producing a regime label (Bullish, Bearish, or Ranging) backed by a quantified score. A regime classification without a corresponding score is ambiguous. A score without regime context is incomplete. Together they provide a clearer picture of where the market is and how strongly it is in that state. Core Concepts 1. Double-Smoothed Baseline (SMEMA) The baseline uses a two-pass smoothing method: an EMA applied to price, followed by an SMA applied to that EMA. This reduces noise while maintaining responsiveness. It outperforms a simple MA in choppy markets because the double-pass eliminates high-frequency oscillations that cause false regime flips. The baseline slope (rising or falling) is one input into the regime classification. 2. Dynamic Step Channel The channel bands are not fixed multiples of ATR. Instead, they use the 100-bar average of the high-low range as the step unit, producing three tiers of bands above and below the baseline. This approach adapts to each instrument's natural swing amplitude without requiring manual calibration per market. Each band tier has a gradient color that intensifies as price approaches that level from within the channel, providing visual distance context. 3. Pivot-Based Structure Classification Swing highs and lows are identified using confirmed pivots (lookback left and right bars). The indicator classifies the relationship between successive pivots as HH (higher high), LH (lower high), HL (higher low), or LL (lower low). These four states are combined to determine whether structure is bullish (HH + HL), bearish (LH + LL), or mixed. Importantly, pivot detection is offset by the lookback period, so no repainting occurs — a pivot is only confirmed when enough subsequent bars have closed to validate it. 4. Momentum Strength Score (0-5) The score adds one point for each of: price above band tier 1, price above band tier 2, price above band tier 3, higher high present, and higher low present (inverted for bearish scoring). This produces a 0-5 integer that quantifies how strongly the market is expressing the current regime. A score of 5 in a bullish regime means price is extended above all three band tiers with confirmed higher highs and higher lows — a strongly trending condition. A score of 1 or 2 suggests marginal or weakening conditions. 5. Break of Structure (BOS) Detection A bullish BOS is confirmed when price closes above the most recent swing high on a confirmed bar. A bearish BOS is confirmed when price closes below the most recent swing low. The BOS line is drawn from the pivot bar to the current bar and extends right, with a thick transparent shadow line providing visual depth. BOS detection only fires on barstate.isconfirmed, preventing any repainting. Features Regime Dashboard: 9-row dark-themed table showing regime, baseline direction, bull score, bear score, structure state, ATR, and last BOS Dynamic Momentum Bands: Six gradient-colored bands (three above, three below) that visually represent price position within the momentum channel SMEMA Baseline: Color-coded by regime, changes in real time as regime shifts Break of Structure Lines: Thin solid + thick ghost dual-line rendering at confirmed structural breaks, extending to the current bar Confirmed Pivot Dots: Small circles at each confirmed swing high and low, plotted at the exact pivot bar Bar Coloring: Candles are colored by current regime state Band Fill Gradients: Fill between band tiers intensifies based on price proximity Input Parameters Structure Settings: Pivot Lookback: Number of bars left and right required to confirm a pivot (default: 5) Baseline Length: Period for the SMEMA double-smoothed baseline (default: 10) Show Structure Breaks: Toggle BOS line rendering Visual Settings: Dashboard toggle and position Momentum Bands toggle Bullish, Bearish, and Ranging color inputs How to Use This Indicator Step 1: Read the Regime The dashboard label and bar coloring immediately show the current regime. Bullish requires the baseline to be rising and a momentum score of 2 or more. Step 2: Assess Score Strength A score of 4-5 indicates a well-developed trend with band extension and confirmed structure. A score of 1-2 suggests the regime is marginal and may not sustain. Step 3: Watch for BOS Events A BOS in the direction of the regime adds confirmation that a structural shift has occurred. A counter-regime BOS is an early warning that conditions may be changing. Step 4: Use Bands for Context Price returning to the baseline from above in a bullish regime is a potential pullback entry area. Price extending above band tier 2 or 3 suggests overextension. Limitations The pivot confirmation delay (lookback bars) means BOS signals and pivot markers appear several bars after the actual swing point. This is a deliberate design choice to prevent repainting The regime score of 2 as the minimum threshold for classification means borderline conditions will oscillate between Ranging and a directional regime on consecutive bars The SMEMA baseline is smoother than a standard EMA but still lags price. In fast-moving markets this lag may cause regime flips after significant portions of a move have already occurred Band width is determined by the 100-bar average of bar ranges. In markets with sudden volatility regime changes (such as after news releases), the bands may not reflect the new volatility environment for many bars Originality Statement This indicator is original in its specific combination of elements and the scoring framework it produces. The justification for combining structure detection with a band-based scoring system is that neither component alone provides actionable context. Structure alone (HH/HL) says direction but not strength. Bands alone say relative position but not structural validity. The 0-5 score synthesizes both into a single conviction metric. The double-smoothed baseline (EMA of EMA, then SMA) is a deliberate design choice that reduces false regime flips without the extreme lag of longer single-pass averages. The dynamic step channel uses bar range (not ATR) as its unit, which scales naturally with each instrument's price action characteristics. Disclaimer This indicator is provided for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any financial instrument. Past structural patterns do not guarantee their repetition. A bullish regime classification does not predict future price direction. Always apply proper risk management. The author is not responsible for any trading losses. -Made with passion by officialjackofalltrades
Pine Script® indicator
by officialjackofalltrades
4
Shaven IdentifierShaven Identifier is a price-action tool designed to highlight "shaven" candles—specifically bullish candles with no bottom wick and bearish candles with no top wick. These formations often represent periods of strong, immediate conviction where the market moves decisively in one direction from the moment the candle opens. Core Concept In standard Japanese Candlestick theory, these are often referred to as Shaven Bottom (bullish) or Shaven Head (bearish) candles. They indicate that: Bullish (No Bottom Wick): Buyers were so aggressive that the price never dipped below the opening price. Bearish (No Top Wick): Sellers were so aggressive that the price never rose above the opening price. Key Features Momentum Markers: The script places a triangle below bullish signals and above bearish signals to provide immediate visual feedback on candle close. Level Extensions: It draws horizontal lines from the "flat" side of the candle (the Open). These levels often act as "hidden" support or resistance, as they represent the exact price where one side of the market took total control. Customizable Duration: You can control how many bars the horizontal levels extend across the chart, allowing you to see how price reacts to these levels in the near future. How to Use It Trend Confirmation: Seeing multiple "No Wick" candles in the direction of a trend can signal high-momentum continuation. Support & Resistance: The horizontal lines extended from these candles can serve as targets or areas to watch for potential price rejections. Entry Signal: Some traders use these as confirmation for entries, as they show a lack of hesitation from the dominant side of the market.
Pine Script® indicator
by InvestiShare
The Octopus - Pullback Long Entry [EMA+MACD]Description: Welcome to the Pullback Long Entry indicator! If you love catching the perfect dip during a solid uptrend, this tool is designed exactly for you. Built with daytraders and trend-following investors in mind, this script takes the guesswork out of "buying the dip" by combining classic momentum indicators with smart price-action detection. 🚀 How It Works Instead of chasing breakouts, this strategy waits for the market to take a breather. It scans for a specific sequence of red candles (a pullback) within an established trend. Once a pullback is detected, it uses the confluence of EMA crossovers and MACD momentum to pinpoint the exact moment the buyers step back in. ✨ Key Features Smart Pullback Detection: Automatically counts red candles within a customizable lookback window to identify a genuine dip rather than just market noise. Multi-Tiered Signals: The indicator provides three levels of entry signals directly on your chart: ▲ Strong Long: The ultimate setup. Triggered by a confirmed pullback combining an EMA crossover and bullish MACD momentum. △ Medium Long (long?): A calculated aggressive entry. Triggered by the first green candle after a sequence of red candles, backed by MACD support. ◇ Early Alert: A quick heads-up signal when the MACD histogram flips green while a pullback is still active. Time to put the ticker on your watchlist! Dynamic Take Profit Levels: Automatically plots 3 customizable Take Profit (TP) lines (e.g., 0.20%, 0.50%, 1.00%) on your chart as soon as a Strong Long signal hits, helping you secure gains mechanically. Ironclad Trend Filters: Optional toggles to ensure you only take long positions when the price is above the VWAP or the 200 EMA—keeping you strictly on the right side of the macro trend. Real-Time Dashboard: A sleek, built-in HUD (Heads Up Display) table in the corner of your chart. It shows you exactly which conditions are currently met and gives the setup a dynamic "Score" out of 10. ⚙️ Fully Customizable Every trader is different, so everything in this script is adaptable to your timeframe and style: Tweak the fast/slow/trend EMA lengths. Adjust MACD parameters. Define your own "pullback" criteria (number of minimum red candles and lookback window). Set your own Take Profit percentages and display lengths. Move or hide the dashboard as needed. 🔔 Built-In Alerts You don't need to stare at the screen all day. The script includes custom alert conditions for Strong Longs, Medium Longs, and Early Alerts so you can be notified exactly when your setup is ready to fire. Add it to your chart, customize your parameters, and let's catch those perfect pullbacks! Happy trading! 📈 *** Disclaimer: This script is for educational and informational purposes only. Always backtest your strategies and manage your risk appropriately.
Pine Script® indicator
by obiii