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% of Average Volume% of Average Volume (RVOL) What it is This indicator measures cumulative volume during pre market and separately during the first 10 minutes of trading and compares it to the average 30 day volume. This matters as a high ratio of volume within the premarket and then during the first 10 minutes of trading can correlate to a stock that has a higher probability of trending in that direction throughout the day. What it’s meant to do Identify abnormally high or low participation early in the day. Normalize volume by time of session, so 9:40 volume is compared to past 9:40 volume—not to the full-day total. Provide consistent RVOL across 1–5–15–60 minute charts (the same market state yields similar readings). Handle pre-market cleanly (optional) without inflating RVOL. How it works (plain English) Cumulative Intraday Volume: Adds up all bars from the session (or pre-market, if enabled) up to “now.” Time-Matched Baseline: For each prior day in your lookback, it accumulates only up to the same intraday minute and averages those values. RVOL %: RVOL = (Today cumulative / Average cumulative at same time) × 100. This “like-for-like” approach prevents the classic mistakes that overstate RVOL in pre-market or make it drift with timeframe changes. Works best on Intraday charts: 1, 2, 3, 4, 5, 10, 15, 30, 45, 60 min Regular & extended hours: NYSE/Nasdaq equities, futures, ETFs Daily/weekly views are supported for reference, but the edge comes from intraday time-matched analysis. Tip: For thin names or very early pre-market, expect more variability—lower liquidity increases noise. Customization (Inputs → Settings) Lookback Sessions (e.g., 20): How many prior trading days to build the average. Include Pre-Market (on/off): If on, RVOL accumulates from pre-market start and compares to historical pre-market at the same time; if off, it begins at the regular session open only. Session Timezone / Exchange Hours: Choose the session definition that matches your market (e.g., NYSE) so “time-matched” means the same thing every day. Cutoff Minute (Optional): Fix a reference minute (e.g., 6:40 a.m. PT / 9:40 a.m. ET) to evaluate RVOL at a standard check-in time. Smoothing (Optional): Apply a short moving average to the RVOL line to reduce jitter. Thresholds & Colors: Set levels (e.g., 150%, 300%) to color the plot/labels and trigger alerts. Show Labels/Debug: Toggle on-chart labels (current RVOL%, baseline vols) for quick audits. On-chart visuals & alerts RVOL% Line/Histogram: Color-coded by thresholds (e.g., >300% “exceptional”, >150% “elevated”). Session Markers: Optional vertical lines for pre-market/regular open. Alerts: RVOL Crosses Above X% (e.g., 150%, 300%) RVOL Crosses Below X% RVOL Rising/Falling (slope-based, optional) Good defaults to start Lookback: 20 sessions Pre-market: Off for large caps, On for momentum screens Thresholds: 150% (notable), 300% (exceptional) Smoothing: 0–3 bars (or off for fastest response) Notes & best practices Timeframe consistency: Because calculations are time-matched, RVOL should remain directionally consistent across intraday timeframes. If you see divergences, confirm your session hours & timezone match your instrument’s exchange. Holiday/half days: These are included in history; you can shorten lookback or exclude such sessions if your workflow prefers. Low-float names: Consider a slightly longer lookback to reduce outlier effects. TL;DR A time-matched RVOL that treats pre-market correctly, stays stable across intraday timeframes, and is fully customizable for your exchange hours, thresholds, and alerts—so you can spot real participation when it matters.
Pine Script® indicator
by UnclePennybagss
ORB Breakout Traffic Signal (5/15/30)ORB Breakout Traffic Signal (5/15/30) This indicator visualizes Opening Range Breakouts (ORB) for the first 5, 15, and 30 minutes of the US regular trading session (09:30–16:00 ET). It provides a compact, easy-to-read traffic signal table on your chart to show whether price is breaking out, breaking down, or consolidating inside the range. 🔑 Features Auto-anchors at 09:30 ET (converted to your local time automatically). Tracks ORB High/Low for: 5-minute window (09:30–09:34) 15-minute window (09:30–09:44) 30-minute window (09:30–09:59) Displays results in a compact table: ↑ (green) → price has broken above the ORB high ↓ (red) → price has broken below the ORB low • (gray) → price remains inside the ORB range (optional; can be disabled) Customizable: Toggle which ORBs to show (5m, 15m, 30m) Choose table position (top/bottom left/right) Adjustable text size Option to plot the ORB High/Low lines on your chart 📌 Usage Designed for intraday traders watching US equities/ETFs/futures. Works best on 1-minute or 5-minute charts with Extended Hours turned OFF (so the session starts exactly at 09:30 ET). Helps you quickly spot early breakouts (5m), mid-session trends (15m), or confirmed directional moves (30m). ⚠️ Notes Signals only update during the RTH session Outside market hours, the last locked ORB and signal remain displayed until the next open. This tool is for analysis/visualization only; not a buy/sell signal. Always combine with your own trading strategy and risk management. 👉 Perfect for traders who want a quick visual confirmation of whether price is breaking out of the opening range or stuck inside it.
Pine Script® indicator
by GYSTrading
Greer Gap# Greer Gap Indicator (No mitigation: i.e. removing false signals) ## Summary The **Greer Gap Indicator** identifies **Fair Value Gaps (FVGs)** and introduces specialized **Greer Bull Gaps (Blue)** and **Greer Bear Gaps (Orange)** to highlight high-probability trading opportunities. Unlike traditional FVG indicators, it avoids hindsight bias by not removing historical gaps based on future price action, ensuring transparency in signal accuracy. Built upon LuxAlgo’s FVG logic, it adds unique filtering: only the first Greer Gap after an opposite gap is plotted if its level (min for Bull, max for Bear) is not higher/lower than the previous Greer Gap of the same type, while all valid gaps are recorded for comparison. Traders can use these gaps as support/resistance or entry signals, customizable via timeframe, look back, and display options. ## Description This indicator detects and displays **Fair Value Gaps (FVGs)** on the chart, with a focus on specialized **Greer Gaps**: - **Bullish Gaps (Green)**: Areas where the low of the current candle is above the high of a previous candle (look back period), indicating potential upward momentum. - **Bearish Gaps (Red)**: Areas where the high of the current candle is below the low of a previous candle, indicating potential downward momentum. - **Greer Bull Gaps (Blue)**: A bullish gap that is above the latest bearish gap's max. Only the first such gap after a bearish gap is plotted if it meets criteria (not higher than the previous Greer Bull Gap's min), but all valid ones are recorded for comparison. - **Greer Bear Gaps (Orange)**: A bearish gap that is below the latest bullish gap's min. Only the first such gap after a bullish gap is plotted if it meets criteria (not lower than the previous Greer Bear Gap's max), but all valid ones are recorded. ## How It Works The script uses a dynamic look back period to detect FVGs. It maintains a record of all detected gaps and applies additional logic for Greer Gaps: - **Greer Bull Gaps**: Checks if the new bullish gap's min is above the latest bearish gap's max. Plots only if it's the first since the last bearish gap and its min is <= previous Greer Bull min (or first one). - **Greer Bear Gaps**: Checks if the new bearish gap's max is below the latest bullish gap's min. Plots only if it's the first since the last bullish gap and its max is >= previous Greer Bear max (or first one). - **Resets**: A new bearish gap resets the Greer Bull Gap flag, and a new bullish gap resets the Greer Bear Gap flag. ## How to Use - **Timeframe**: Set a higher timeframe (e.g., 'D' for daily) to detect gaps from that timeframe on the current chart. - **Look back Period**: Adjust to change gap detection sensitivity (default: 34). Use 2 if you want to compare to LuxAlgo - **Extend**: Controls how far right the gap boxes extend. - **Show Options**: Toggle visibility of all bullish/bearish gaps or Greer Gaps. - **Colors**: Customize colors for each gap type. - **Application**: Use Greer Gaps as potential support/resistance levels or entry signals, but combine with other analysis for confirmation. ## Originality and Credits This script is inspired by and builds upon the **"Fair Value Gap "** indicator by LuxAlgo (available on TradingView: ()). **Credits**: Thanks to LuxAlgo for the core FVG detection logic. **Significant Changes**: - Added **Greer Bull and Bear Gap** logic for filtered, directional gaps with reset mechanisms. - Introduced recording of all valid Greer Gaps without plotting all, to compare levels without hindsight bias. - **No mitigation/removal of gaps**: Unlike LuxAlgo's approach, which mitigates (removes or alters) gaps based on future price action (e.g., when filled), this can create a hindsight bias where incorrect signals disappear over time. If a signal is used for a trade and later removed due to new data, it doesn't reflect real-time performance accurately. The Greer Gap avoids this by using gap comparisons to validate signals without altering historical boxes, ensuring transparency in when signals were right or wrong.
Pine Script® indicator
by controllinghand
PCV (Darren.L-V2)Description: This indicator combines Bollinger Bands, CCI, and RVI to help identify high-probability zones on M15 charts. Features: Bollinger Bands (BB) – displayed on the main chart in light gray. Helps visualize overbought and oversold price levels. CCI ±100 levels + RVI – displayed in a separate sub-window: CCI only shows the ±100 reference lines. RVI displays a cyan main line and a red signal line. Valid Zone Detection: Candle closes outside the Bollinger Bands. RVI crosses above +100 or below -100 (CCI level reference). Candle closes back inside the BB, confirming a price rebound. Requires two touches in the same direction to confirm the zone. Only zones within 20–30 pips range are considered valid. Usage: Helps traders spot reversal or bounce zones with clear visual signals. Suitable for all indices, Forex, and crypto on M15 timeframe.
Pine Script® indicator
by lawwaikean
Range Trading Strategy This indicator automatically marks the intraday trading range defined by the first four hours of the New York session (6:00 AM to 10:00 AM EST/EDT). It calculates the highest high and lowest low within that window on a user-selected calculation timeframe, then projects those levels forward as horizontal lines that remain visible across any chart timeframe. The lines can be displayed in real time while the window is forming or locked once the session ends, and optional price labels and background shading make the range easy to track. Traders can use these reference levels to monitor potential breakout or reversal zones, manage risk, and plan entries/exits relative to the early session’s defined support and resistance. For training check this video youtu.be
Pine Script® indicator
by wpscrm
Playbook//@version=6 indicator('Playbook', overlay = true, scale = scale.right) // === Inputs === useYesterdayPOC = input.bool(true, 'Use Yesterday\'s POC (else Today’s Developing)') atrLength = input.int(14, 'ATR Length', minval = 1) stretchMult = input.float(1.5, 'Stretch Threshold (in ATRs)', minval = 0.1, step = 0.1) showBands = input.bool(true, "Show Stretch Bands") useAnchoredVWAP = input.bool(true, "Show Anchored VWAP") anchorDate = input.time(timestamp("01 Jan 2023 00:00 +0000"), "VWAP Anchor Date") // === ATR === atr = ta.atr(atrLength) isNewDay = ta.change(time('D')) != 0 // === VWAP as POC Approximation === todayVWAP = ta.vwap var float yVWAP = na if isNewDay yVWAP := todayVWAP activePOC = useYesterdayPOC and not na(yVWAP) ? yVWAP : todayVWAP // === Stretch Bands === upperBand = activePOC + atr * stretchMult lowerBand = activePOC - atr * stretchMult // Plot stretch bands pocColor = color.yellow bandFill = plot(upperBand, "Upper Band", color=color.red, linewidth=1, display=showBands ? display.all : display.none) bandFill2 = plot(lowerBand, "Lower Band", color=color.green, linewidth=1, display=showBands ? display.all : display.none) pocLine = plot(activePOC, "POC Target", color=pocColor, linewidth=2) fill(bandFill, bandFill2, color=color.new(color.gray, 90)) // === Anchored VWAP === anchoredVWAP = ta.vwap(ta.change(time) >= anchorDate ? close : na) plot(useAnchoredVWAP ? anchoredVWAP : na, "Anchored VWAP", color=color.blue, linewidth=2) // === STATUS TABLE === var table statusTable = table.new(position.bottom_right, 1, 1, border_width=1, border_color=color.gray) insideBands = close <= upperBand and close >= lowerBand statusText = insideBands ? "WAIT" : "TRADE AVAILABLE" statusColor = insideBands ? color.orange : color.green table.cell(statusTable, 0, 0, statusText, text_color=color.rgb(5, 4, 4), bgcolor=statusColor) // === Heatmap === bgcolor(close > upperBand ? color.new(color.red, 80) : close < lowerBand ? color.new(color.green, 80) : color.new(color.orange, 90))
Pine Script® indicator
by luisbolanos521
Retail Sentiment Indicator - Multi-Asset CFD & Fear/Greed IndexRetail Sentiment Indicator - Multi-Asset CFD & Fear/Greed Index Overview The Retail Sentiment Indicator provides real-time sentiment data for major financial instruments including stocks, forex, commodities, and cryptocurrencies. This indicator displays retail trader positioning and market sentiment using CFD data and fear/greed indices. Methodology and Scale Calculation This indicator operates on a **-50 to +50 scale** with zero representing perfect market equilibrium. Scale Interpretation: - **Zero (0)**: Market balance - exactly 50% of investors buying, 50% selling - **Positive values**: Majority buying pressure - Example: If 63% of investors are buying, the indicator shows +13 (63 - 50 = +13) - **Negative values**: Majority selling pressure - Example: If 92% of investors are selling, the indicator shows -42 (50 - 92 = -42) BTC Fear & Greed Index Scaling: The original `BTC FEAR&GREED` index is natively scaled from 0-100 by its creator. In our indicator, this data has been rescaled to also fit the -50 to +50 range for consistency with other sentiment data sources. This unified scaling approach allows for direct comparison across all instruments and data sources within the indicator. -Important Data Source Selection- Bitcoin (BTC) Data Sources When viewing Bitcoin charts, the indicator offers **two different data sources**: 1. **Default Auto-Mode**: `BTCUSD Retail CFD` - Retail CFD traders sentiment data (automatically loaded). 2. **Manual Selection**: `BTC FEAR&GREED` - Fear & Greed Index from website: alternative dot me **To access BTC Fear & Greed Index**: Input settings -> disable checkbox "Auto-load Sentiment Data" -> manually select "BTC FEAR&GREED" from the dropdown menu. US Stock Market Data Sources For US stocks and indices (S&P 500, NASDAQ, Dow Jones), there are **two data source options**: 1. **Default Auto-Mode**: Individual retail CFD sentiment data for each instrument 2. **Manual Selection**: `SNN FEAR&GREED` - SNN's Fear & Greed Index covering the overall US market sentiment. SNN was used as the name to avoid any potential trademark infringement. **To access SNN Fear & Greed Index**: When viewing US market charts, disable in input settings checkbox "Auto-load Sentiment Data" and manually select "SNN FEAR&GREED" from the dropdown menu. This distinction allows traders to choose between **instrument-specific retail sentiment** (auto-mode) or **broader market sentiment indices** (manual selection). Features - **Auto-Detection**: Automatically loads sentiment data based on the current chart symbol - **Manual Selection**: Choose from 40+ supported instruments when auto-detection is unavailable - **Multiple Data Sources**: Combines retail CFD sentiment with Fear & Greed indices - **Visual Zones**: Clear greed/fear zones with color-coded backgrounds - **Real-time Updates**: Live sentiment data from merged data sources Supported Instruments Major Indices - S&P 500, NASDAQ, Dow Jones 30, DAX Forex Pairs - Major pairs: EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD - Cross pairs: EURJPY, GBPJPY, AUDUSD, NZDUSD, and 20+ others Commodities - Precious metals: Gold (XAUUSD), Silver (XAGUSD) - Energy: WTI Oil - Agricultural: Wheat, Coffee - Industrial: Copper Cryptocurrencies - Bitcoin (BTC) sentiment data - BTC & SNN Fear & Greed indices How to Use 1. **Auto Mode** (Default): Enable "Auto-load Sentiment Data" to automatically display sentiment for the current chart symbol 2. **Manual Mode**: Disable auto-load and select from the dropdown menu for specific instruments 3. **Interpretation**: - Values above 0 (green) indicate retail greed/bullish sentiment - Values below 0 (red) indicate retail fear/bearish sentiment - Fear & Greed indices use 0-100 scale (50 is neutral) Data Sources This indicator uses curated sentiment data from retail CFD providers and established fear/greed indices. Data is updated regularly and sourced from reputable financial data providers. Trading Strategy & Market Philosophy Contrarian Trading Approach The primary purpose of this indicator is based on the fundamental market principle that **the majority of retail investors are often wrong**, and markets typically move opposite to the positions held by the majority of market participants. Key Strategy Guidelines: - **Contrarian Signal**: When the majority of users are positioned on one side of the market, there is statistically greater market advantage in taking positions in the opposite direction - **Trend Exhaustion Signal**: An interesting observed phenomenon occurs when, during a long-lasting trend where the majority of investors have consistently been on the wrong side, the Sentiment indicator suddenly shows that the majority has flipped and opened positions in the direction of that long-running trend. This is often a signal of fuel exhaustion for further movement in that direction Interpretation Examples - High greed readings (majority bullish) → Consider bearish opportunities - High fear readings (majority bearish) → Consider bullish opportunities - Sudden sentiment flip during established trends → Potential trend reversal signal Technical Notes - Built with PineScript v6 - Dynamic symbol detection with fallback options - Optimized for performance with minimal resource usage - Color-coded visualization with customizable zones Data Sources & Expansion Acknowledgments We extend our gratitude to **TradingView** for enabling the use of custom data feeds based on GitHub repositories, making this comprehensive sentiment analysis possible. Data Expansion Opportunities As the operator of this indicator, I am **open to suggestions for new data sources** that could be integrated and published. If you have ideas for additional instruments or sentiment data: How to Submit Suggestions: 1. Send a **private message** with your proposal 2. Include: **instrument/data type**, **source**, and **brief description** 3. If technically feasible, we will work to import and publish the data Data Infrastructure Status Current Data Upload Process: Please note that sentiment data uploads may occasionally experience minor interruptions. However, this should not pose significant issues as sentiment data typically changes gradually rather than rapidly. Infrastructure Development: We are actively working on establishing permanent cloud-based infrastructure to ensure continuous, automated data collection and upload processes. This will provide more reliable and consistent data availability in the future. Disclaimer This indicator is for educational and informational purposes only. Sentiment data should be used as part of a comprehensive trading strategy and not as the sole basis for trading decisions. Past performance does not guarantee future results. The contrarian approach described is a market theory and may not always produce profitable results.
Pine Script® indicator
by OpenTrading_ai
Analyst Targets ProbabilityThis indicator calculates the probability of the current stock price reaching or exceeding the analyst-provided high, average, and low price targets within a one-year time horizon. It utilizes a geometric Brownian motion (GBM) model, a standard approach in financial modeling that assumes log-normal price distribution with constant volatility. ### Key Features: - **Analyst Targets**: Automatically pulls the high, average, and low one-year price targets from TradingView's syminfo data. - **Risk-Free Rate**: Fetched from the 1-year US Treasury yield (symbol: TVC:US01Y). Defaults to 4% if unavailable. - **Dividend Yield**: Uses trailing twelve-month (TTM) dividends per share (DPS) from financial data, divided by current price. Defaults to 0% if unavailable. - **Volatility**: Computed as annualized historical volatility based on 252 trading days of daily log returns. Falls back to a 20-day period if insufficient data, or defaults to 30% if still unavailable. - **Probability Calculation**: Employs the barrier hitting probability formula under GBM: - Drift (μ) = risk-free rate - dividend yield - (volatility² / 2) - The formula for probability P of hitting target H from current price S₀ over time T is: P = Φ(d₊) + (H / S₀)^p ⋅ Φ(d₋) for H > S₀ (or adjusted for H < S₀) Where l = ln(max(H, S₀)/min(H, S₀)), ν = drift, p = -2ν / σ², d₊ = (-l + νT) / (σ√T), d₋ = (-l - νT) / (σ√T), and Φ is the standard normal CDF (approximated using a polynomial method for accuracy). - **Output Display**: A table in the top-right corner shows each target type, its value, and the estimated probability (as a percentage). "N/A" appears if data is unavailable or calculations cannot proceed (e.g., zero volatility). ### Assumptions and Limitations: - Assumes constant volatility and drift, no transaction costs, and continuous trading (real markets may deviate due to jumps, news events, or changing conditions). - Probabilities are model-based estimates and not guarantees; they represent the likelihood under risk-neutral measure. - Best suited for stocks with available analyst targets and historical data; may default to assumptions for less-liquid symbols. - No user inputs required—fully automated using TradingView's data sources. This script is provided under the Mozilla Public License 2.0. For educational and informational purposes only; not financial advice. Test on your charts and consider backtesting for validation.
Pine Script® indicator
by TPolehn
AVWAP+RSI Confluence — 1R TesterRSI + 1R ATR - Monthly P\&L (v4) WHAT THIS STRATEGY DOES (OVERVIEW) * Pine strategy (v4) that combines a simple momentum trigger with a symmetric 1R ATR risk model and an on-chart Monthly/Yearly P\&L table. * Momentum filter: trades only when RSI crosses its own SMA in the direction of the trend (price vs Trend EMA). * Risk engine: exits use fixed 1R ATR brackets captured at entry (no drifting targets/stops). * Accounting: the table aggregates percentage returns by month and year using strategy equity. ENTRY LOGIC (LONGS & OPTIONAL SHORTS) Indicators used: * RSI(rsiLen) and its SMA: SMA(RSI, rsiMaLen) * Trend filter: EMA(emaTrendLen) on price Longs: 1. RSI crosses above its RSI SMA 2. RSI > rsiBuyThr (filters weak momentum) 3. Close > EMA(emaTrendLen) Shorts (optional via enableShort): 1. RSI crosses below its RSI SMA 2. RSI < rsiSellThr 3. Close < EMA(emaTrendLen) EXIT LOGIC AND RISK MODEL (1R ATR) * On entry, snapshot ATR(atrLen) into atrAtEntry and the average fill price into entryPx. * Longs: stop = entryPx - ATR \* atrMult; target = entryPx + ATR \* atrMult * Shorts: mirrored. * Stops and targets are posted immediately and remain fixed for the life of the trade. POSITION SIZING AND COSTS * Default position size: 25% of equity per trade (adjustable in Properties/inputs). * Commission percent and a small slippage are set in strategy() so backtests include friction by default. MONTHLY / YEARLY P\&L TABLE (HOW IT WORKS) * Uses strategy equity to compute bar returns: equity / equity\ - 1. * Compounds bar returns into current month and current year; commits each finished period at month/year change (or last bar). * Renders rows as years; columns Jan..Dec plus a Year total column. * Cells colored by sign; precision and maximum rows are controlled by inputs. * Values represent percentage returns, not currency P\&L. VISUAL AIDS * Two pivot trails (pivot high/low) are plotted for context only; they do not affect entries or exits. CUSTOMIZATION TIPS * Raise rsiBuyThr (long) or lower rsiSellThr (short) to filter weak momentum. * Increase emaTrendLen to tighten trend alignment. * Adjust atrLen and atrMult to fit your timeframe/instrument volatility. * Leave enableShort = false if you prefer long-only behavior or shorting is constrained. NON-REPAINTING AND BACKTEST NOTES * Signals use bar-close crosses of built-in indicators (RSI, EMA, ATR); no future bars are referenced. * calc\_on\_every\_tick = true for responsive visuals; Strategy Tester evaluates on bar close in history. * Backtest stop/limit fills are simulated and may differ from live execution/liquidity. DISCLAIMERS * Educational use only. This is not financial advice. Markets involve risk. Past performance does not guarantee future results. INPUTS (QUICK REFERENCE) * rsiLen, rsiMaLen, rsiBuyThr, rsiSellThr * emaTrendLen * atrLen, atrMult, enableShort * leftBars, rightBars, prec, showTable, maxYearsRows SHORT TAGLINE RSI momentum with 1R ATR brackets and a built-in Monthly/Yearly P\&L table. TAGS strategy, RSI, ATR, trend, risk-management, backtest, Pine-v4
Pine Script® strategy
by rushikeshy3
Valid Monthly LevelsValid Monthly Levels (No Sweeps) + Smart Labels This tool automatically plots the highs and lows of each completed monthly candle and tracks their validity in real time. A level is considered valid until it has been swept (price trades strictly beyond that high or low). Once swept, the line and label can either be removed or dimmed depending on your settings. Key features: Monthly highs and lows: Each month’s range is marked with horizontal levels that extend forward. Valid vs. swept logic: Levels are only valid until breached; swept levels can be hidden or kept as dotted/grey lines. Smart labels: Each level is labeled with the month and year (e.g., Sep ’25 H/L). On higher timeframes, labels sit at the candle; on lower timeframes, labels automatically shift to the right edge so they don’t disappear off-screen. Customizable appearance: Choose colors for highs, lows, and swept levels; adjust line styles; and limit how many past months are shown. Clutter control: Cap the maximum number of labels, so your chart stays readable even on small intraday timeframes. This indicator is useful for traders who track monthly supply/demand extremes, liquidity sweeps, and higher-timeframe context when executing on lower timeframes.
Pine Script® indicator
by JaydenUnplugged
Trader Marks Trailing SL + TP (BE @ 66%)📌 Title Trader Marks Trailing SL + TP (BE @ 66%) 📌 Description This indicator combines Stop-Loss, Take-Profit, and Trailing Stop management into one tool. It offers two different modes: S/L+ EXACT → Reproduces the classic ATR Trailing Stop Indicator (by ZenAndTheArtOfTrading) with full accuracy. Advanced (Delay + BE + Ratchet) → Uses a fixed SL until X hours after entry Then switches to ATR-based trailing stop (ratchet, never reverses) Moves the stop to Break-Even once Y% of the distance to the target has been reached 📌 Features ✅ Two modes: Classic & Advanced ✅ Works for both Long & Short trades ✅ Manual entry, SL and TP levels ✅ Start delay for trailing (e.g. 12 hours) ✅ ATR-based ratcheting (never moves backwards) ✅ Automatic Break-Even stop at 66% of the way to TP (adjustable) ✅ Visual plots for Entry, SL, TP, current Stop, and 66%-threshold ✅ Alerts for Stop-Hit, TP-Hit, and BE activation 📌 Parameters Setup Direction: Long / Short Entry Price Stop-Loss Take-Profit (manual) Mode S/L+ EXACT Advanced (Delay+BE+Ratchet) S/L+ Parameters ATR Length (default 14) High/Low lookback (default 7) ATR Multiplier (default 1.0) Basis: High/Low, Close, or Open Advanced Parameters ATR Length (e.g. 14) ATR Multiplier (e.g. 1.0) Update only on bar close (true/false) Start delay in hours (e.g. 12) BE Threshold in % of distance to TP (default 66%) Option to stop trailing after BE 📌 Alerts Stop Hit (Long) Stop Hit (Short) TP Reached (Long) TP Reached (Short) Break-Even Active 📌 Recommended Defaults Mode: Advanced (Delay+BE+Ratchet) ATR Length: 14 Lookback: 7 ATR Multiplier: 1.0 Start Delay: 12 hours Break-Even Threshold: 66%
Pine Script® indicator
by friendlyPaella42690
Spiderlines BTCUSD - daily/weekly📘 Documentation – Daily and Weekly Spider Lines for Bitcoin 🔹 Purpose of the Script This script draws dynamic “Spider Lines” in the Bitcoin chart. The lines connect certain historical candles with a reference candle and extend to the right. These act as guideline levels that can serve as potential support or resistance zones. 🔹 How It Works The script operates in two modes, depending on the active chart timeframe: Weekly Mode (timeframe.isweekly) The reference date is July 1, 2019. The number of weeks since that date is calculated. This defines the connection candle (connection_candle). Several predefined offsets (e.g., +32, +34, +36 …) are added to the reference to determine starting candles. Lines are drawn from these candles toward the connection candle. → Line color: green Daily Mode (timeframe.isdaily) Same reference date: July 1, 2019. The number of days since that date is calculated. Again, a connection candle is set. A different set of offsets (e.g., +224, +238, +252 …) defines the starting candles. Lines are drawn accordingly. → Line color: red 🔹 Line Logic Each line connects: Start → bar_index at high End → bar_index at close Lines are extended indefinitely to the right (extend.right). Appearance: dashed style, width 2. 🔹 Error Handling If a calculated candle index does not exist in the chart history (e.g., chart data does not go back far enough), a label is plotted in the chart showing the message: "Daily idx out of range: 252" This way, missing lines can be diagnosed easily. 🔹 Color Convention Weekly Spider Lines → Green Daily Spider Lines → Red 🔹 Use Cases Visualization of historical cyclic line patterns. Helps in technical chart analysis: spotting potential reaction zones in price movement. Designed mainly for long-term traders and analysts observing Bitcoin in Daily or Weekly timeframes. 🔹 Limitations Works only on Daily and Weekly charts. Requires chart data going back to July 1, 2019. Based purely on fixed offsets → not a classical indicator like Moving Averages or RSI.
Pine Script® indicator
by osterhansi_
🟥 Synthetic 10Y Real Yield (US10Y - Breakeven)This script calculates and plots a synthetic U.S. 10-Year Real Yield by subtracting the 10-Year Breakeven Inflation Rate (USGGBE10) from the nominal 10-Year Treasury Yield (US10Y). Real yields are a core macro driver for gold, crypto, growth stocks, and bond pricing, and are closely monitored by institutional traders. The script includes key reference lines: 0% = Below zero = deeply accommodative regime 1.5% = Common threshold used by macro desks to evaluate gold upside breakout conditions 📈 Use this to monitor macro shifts in real-time and front-run capital flows during major CPI, NFP, and Fed events. Update Frequency: Daily (based on Treasury market data)
Pine Script® indicator
by Saraicy
Swing Oracle Stock// (\_/) // ( •.•) // (")_(") 📌 Swing Oracle Stock – Professional Cycle & Trend Detection Indicator The Swing Oracle Stock is an advanced market analysis tool designed to highlight price cycles, trend shifts, and key trading zones with precision. It combines trendline dynamics, normalized oscillators, and multi-timeframe confirmation into a single comprehensive indicator. 🔑 Key Features NDOS (Normalized Dynamic Oscillator System): Measures price strength relative to recent highs and lows to detect overbought, neutral, and oversold zones. Dynamic Trendline (EMA8 or SMA231): Flexible source selection for adapting to different trading styles (scalping vs. swing). Multi-Timeframe H1 Confirmation: Adds higher-timeframe validation to improve signal reliability. Automated Buy & Sell Signals: Triggered only on significant crossovers above/below defined levels. Weekly Cycles (7-day M5 projection): Tracks recurring time-based market cycles to anticipate reversal points. Intuitive Visualization: Colored zones (high, low, neutral) for quick market context. Optional background and candlestick coloring for better clarity. Multi-Timeframe Cross Table: Automatically compares SMA50 vs. EMA200 across multiple timeframes (1m → 4h), showing clear status: ⭐️⬆️ UP = bullish trend confirmation 💀⬇️ Drop = bearish trend confirmation 📊 Built-in Statistical Tools Normalized difference between short and long EMA. Projected normalized mean levels plotted directly on the main chart. Dynamic analysis of price distance from SMA50 to capture market “waves.” 🎯 Use Cases Spot trend reversals with multi-timeframe confirmation. Identify powerful breakout and breakdown zones. Time entries and exits based on trend + cycle confluence. Enhance market timing for swing trades, scalps, or long-term positions. ⚡ Swing Oracle Stock brings together cycle detection, oscillator normalization, and multi-timeframe confirmation into one streamlined indicator for traders who want a professional edge.
Pine Script® indicator
by FollowtheWhiteRabbitz