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Pivot points and levels

Liqudation HeatMap [BigBeluga]🔵 OVERVIEW An advanced liquidity visualization tool that plots horizontal heat zones to highlight where potential liquidations and volume clusters are most likely hiding beneath price action. Liqudation HeatMap scans historical price movements for local highs and lows with elevated volume or candle range. It then draws dynamic heatmap boxes—shaded from lime (low interest) to yellow (high interest)—revealing potential zones of trapped positions or stop clusters. A vertical scale on the right shows you the relative strength of volume behind each level, from 0 to the highest detected. 🔵 CONCEPTS Maps areas of potential liquidity using volume or candle range (if volume is unavailable). Identifies swing highs/lows (pivots) and extends heatmap boxes outward from these levels. Colors each zone based on the relative strength of volume concentration. Fades or removes zones once price crosses their midpoints, simulating the idea of liquidity being “consumed.” Displays a live vertical scale that shows the volume range for quick reference. 🔵 FEATURES Dynamic Heatmap Zones: Draws few boxes above and after pivot highs and below pivot lows, each shaded based on volume concentration. Smart Coloring System: Uses a gradient from lime (low) to yellow (high) to visually distinguish between weak and strong liquidity zones. Adaptive ATR Widths: Automatically adjusts zone thickness based on volatility (ATR), scaling intelligently across timeframes. Liquidity Consumption Logic: Zones are stope extending once price interacts with them—mimicking the behavior of real liquidation sweeps. Volume Scale Legend: A real-time scale is plotted on the right side, showing the min-max range of volume used for heat calculations. 🔵 HOW TO USE Look for thick yellow zones to identify areas of concentrated stop losses or liquidation triggers. Use these levels to anticipate mean reversion points or high-volatility zones. Combine with your trend or structure tools to trade into or fade these liquidity pools. On lower timeframes, use this tool to confirm entries around sweeps or deviations. Use the right-side scale to compare relative zone strength instantly. 🔵 CONCLUSION Liqudation HeatMap is a powerful visualization tool that uncovers where liquidity likely resides on the chart. By highlighting hidden traps and reactive levels in real-time, it gives traders a significant edge when it comes to spotting stop hunts, mean reversions, and areas of institutional interest. Whether you’re scalping or swing trading, this heatmap provides unmatched context on the market’s hidden intent.
Pine Script® indicator
by BigBeluga
4
Impulse Zones | Flux Charts💎 GENERAL OVERVIEW Introducing our new Impulse Zones indicator, a powerful tool designed to identify significant price movements accompanied by strong volume, highlighting potential areas of support and resistance. These Impulse Zones can offer valuable insights into market momentum and potential reversal or continuation points. For more information about the process, please check the "HOW DOES IT WORK ?" section. Impulse Zones Features : Dynamic Zone Creation : Automatically identifies and plots potential supply and demand zones based on significant price impulses and volume spikes. Customizable Settings : Allows you to adjust the sensitivity of zone detection based on your trading style and market conditions. Retests and Breakouts : Clearly marks instances where price retests or breaks through established Impulse Zones, providing potential entry or exit signals. Alerts : You can set alerts for Bullish & Bearish Impulse Zone detection and their retests. 🚩 UNIQUENESS Our Impulse Zones indicator stands out by combining both price action (impulsive moves) and volume confirmation to define significant zones. Unlike simple support and resistance indicators, it emphasizes the strength behind price movements, potentially filtering out less significant levels. The inclusion of retest and breakout visuals directly on the chart provides immediate context for potential trading opportunities. The user can also set up alerts for freshly detected Impulse Zones & the retests of them. 📌 HOW DOES IT WORK ? The indicator identifies bars where the price range (high - low) is significantly larger than the average true range (ATR), indicating a strong price movement. The Size Sensitivity input allows you to control how large this impulse needs to be relative to the ATR. Simultaneously, it checks if the volume on the impulse bar is significantly higher than the average volume. The Volume Sensitivity input governs this threshold. When both the price impulse and volume confirmation criteria are met, an Impulse Zone is created in the corresponding direction. The high and low of the impulse bar define the initial boundaries of the zone. Zones are extended forward in time to remain relevant. The indicator manages the number of active zones to maintain chart clarity and can remove zones that haven't been touched for a specified period. The indicator monitors price action within and around established zones. A retest is identified when the price touches a zone and then moves away. A break occurs when the price closes beyond the invalidation point of a zone. Keep in mind that if "Show Historic Zones" setting is disabled, you will not see break labels as their zones will be removed from the chart. The detection of Impulse Zones are immediate signs of significant buying or selling pressure entering the market. These zones represent areas where a strong imbalance between buyers and sellers has led to a rapid price movement accompanied by high volume. Bullish Impulse Zones act as a possible future support zone, and Bearish Impulse Zones act as a possible future resistance zone. Retests of the zones suggest a strong potential movement in the corresponding direction. ⚙️ SETTINGS 1. General Configuration Show Historic Zones: If enabled, invalidated or expired Impulse Zones will remain visible on the chart. 2. Impulse Zones Invalidation Method: Determines which part of the candle (Wick or Close) is used to invalidate a zone break. Size Sensitivity: Controls the required size of the impulse bar relative to the ATR for a zone to be detected. Higher values may identify fewer, larger zones. Lower values may detect more, smaller zones. Volume Sensitivity: Controls the required volume of the impulse bar relative to the average volume for a zone to be detected. Higher values require more significant volume. Labels: Toggles the display of "IZ" labels on the identified zones. Retests: Enables the visual highlighting of retests on the zones. Breaks: Enables the visual highlighting of zone breaks.
Pine Script® indicator
by fluxchart
Day High,Low,Open,Previous Close & Average Traded Price📊 Day High, Low, Open, Previous Close & VWAP (Average Traded Price) This script provides key intraday reference levels that traders commonly rely on for decision-making. It overlays critical daily price data directly on your chart and summarizes them in a compact, color-coded table. ✨ Features: Daily Open, High, Low, and Previous Close lines for quick visual reference. VWAP (Volume-Weighted Average Price) calculated from intraday price and volume, giving insight into average traded levels. Dynamic Info Table that updates every trading day and can be positioned anywhere on the chart. Clean visualization with distinct color-coding to help distinguish each metric easily. 🧠 Ideal For: Intraday traders, scalpers, and institutional-style setups where understanding session behavior relative to key reference prices is crucial. ⚙️ Customization: Users can choose the corner position for the stats table to suit their layout and visibility preferences.
Pine Script® indicator
by suhas.daksh
Elliott Wave Noise FilterElliott Wave Noise Filter Overview The Elliott Wave Noise Filter is a specialized indicator for TradingView, designed to solve one of the biggest challenges in Elliott Wave analysis on lower timeframes: the identification of market noise. By combining multiple advanced filtering techniques, this indicator helps distinguish meaningful price action from random fluctuations. The Problem On lower timeframes—especially below 15 minutes—Elliott Wave analysis is significantly impacted by excessive market noise. This noise can lead to misinterpretation of wave structures, making it difficult to execute reliable trading decisions. The Solution The Elliott Wave Noise Filter utilizes four powerful methods to detect and filter noise: ATR-Based Volatility Analysis: Identifies price movements too small to be structurally meaningful Volume Confirmation: Filters out price moves that occur with insufficient volume Trend Strength Measurement (ADX): Detects periods of weak trend activity, where noise tends to dominate Fractal Pattern Recognition: Marks significant turning points that could be relevant for Elliott Wave analysis Features Visual Indicators Background Coloring: Red indicates noise; green signifies a clear signal Hull Moving Average: Smooths price action and highlights the prevailing trend Fractal Markers: Triangles mark significant highs and lows Status Panel: Displays current noise status and ADX value Customization Options ATR Period: Adjust the lookback period for ATR calculations Noise Threshold: Defines the percentage of ATR below which a movement is considered noise Volume Filter: Can be enabled or disabled Volume Threshold: Sets the ratio to average volume for a move to be deemed significant Hull MA Display and Length: Configure the moving average settings ADX Parameters: Adjust trend strength sensitivity Use Cases For Elliott Wave Analysis Eliminate noise to identify cleaner wave structures Use fractal markers as potential wave endpoints Reference the Hull MA for determining the broader trend For General Trading Identify high-noise periods to avoid low-quality setups Spot clearer market phases for better entries Assess price action quality through visual cues Multi-Timeframe Approach Apply the indicator across different timeframes for a comprehensive view Prefer trading when both higher and lower timeframes align with consistent signals Optimal Settings For Very Short Timeframes (1–5 minutes) Higher Noise Threshold (0.4–0.5) Longer ATR Period (20–30) Higher Volume Threshold (1.0–1.2) For Medium Timeframes (15–60 minutes) Medium Noise Threshold (0.2–0.3) Standard ATR Period (14) Standard Volume Threshold (0.8) For Higher Timeframes (4h and above) Lower Noise Threshold (0.1–0.2) Shorter ATR Period (10) Lower Volume Threshold (0.6–0.7) Conclusion The Elliott Wave Noise Filter is an essential tool for any Elliott Wave analyst or trader working on lower timeframes. By reducing noise and emphasizing significant market movements, it enables more precise analysis and potentially more profitable trading decisions. Note: As with any technical indicator, the Elliott Wave Noise Filter should be used as part of a broader trading strategy and not as a standalone signal for trade execution.
Pine Script® indicator
by Phillipklh
CandelaCharts - Buyside & Sellside 📝 Overview The Buyside & Sellside Liquidity Indicator is designed to identify and emphasize one of the foundational concepts within the ICT (Inner Circle Trader) trading methodology: liquidity levels. This tool focuses on pinpointing key areas in the market where buy-side and sell-side liquidity is concentrated, providing traders with insights into potential price targets, reversal zones, and institutional order flow behavior. By highlighting these liquidity zones, the indicator serves as a strategic aid in understanding market dynamics and enhancing decision-making in alignment with ICT principles. 📦 Features Buyside & Sellside Liquidity Invalidated Liquidity Threshold Styling ⚙️ Settings Liquidity: Controls visibility of Bullish/Bearish Liquidity levels. Invalidated: Displays the invalidated liquidity levels. Levels: Controls the number of Liquidity levels that will be displayed. Line Style: Customize the line style and width. Threshold: Filter by swing points the Liquidity levels. Labels: Control the Labels visibility. ⚡️ Showcase Buyside & Sellside Invalidated 🚨 Alerts This script offers alert options for all signal types. Bearish Signal A bearish signal is generated when the price reaches a Buyside Liquidity level. Bullish Signal A bullish signal is generated when the price reaches a Sellside Liquidity level. ⚠️ Disclaimer Trading involves significant risk, and many participants may incur losses. The content on this site is not intended as financial advice and should not be interpreted as such. Decisions to buy, sell, hold, or trade securities, commodities, or other financial instruments carry inherent risks and are best made with guidance from qualified financial professionals. Past performance is not indicative of future results.
Pine Script® indicator
by CandelaCharts
1
Interests Zones | @CRYPTOKAZANCEVInterests Zones (POI) The indicator highlights key Interests Zones on the chart (i.e. support and resistance levels) Developed based on the trading strategy of Pavel Kazantsev @cryptokazancev Developer - @ZeeZeeMon Зоны интереса (POI) Индикатор выделяет на графике ключевые зоны интереса (то есть уровни поддержки и сопротивления) Разработаны на основе торговой стратегии Павла Казанцева @cryptokazancev Разработчик - @ZeeZeeMon
Pine Script® indicator
by cryptokazancev
StonkGame AutoLevels+Hey gang — made a new levels script to automatically plot the ones I use the most. StonkGame AutoLevels+ automatically plots structural price levels from major timeframes — including Yesterday, Last Week, Last Month, Last Quarter, and Last Year — with the option to include up to 6 months of historical monthly open, high, low, and close levels. Everything’s fully customizable. You pick which timeframes to show, which price types (O/H/L/C) matter, and where the labels appear. Highs are red, lows are lime. Monthly opens are fuchsia, closes are purple — easy to separate at a glance. Labels auto-stagger to reduce clutter and can be positioned left, right, or center — or turned off completely. You also control how far they sit from price. The screenshot shows everything turned on just to demo the range — but in practice, I usually stick with the standard levels like Last Week or Last Month, and only show highs and lows (they define structure best IMO). Clean, contextual, and built for traders who want clarity without noise.
Pine Script® indicator
by stonkgame
Fibonacci Pivot PointsMultiple Fibonacci calculation methods: including Classic, Camarilla and Woodie different Fibonacci pivot point calculation methods Period customization: H1 (60 minutes) period is used by default, but it can be changed through settings City customization: line color, width and label can be shaped Price table: Displays the price values ​​of all support and resistance levels in the upper right corner of the chart Automatic update: Whenever a new time period starts, the indicator automatically updates all Fibonacci lines You can adjust the parameters as needed, such as changing the color, line width or choosing a different Fibonacci calculation method.
Pine Script® indicator
by atjoxmi5kz474xpw
AlphaLiquidity Divergence PRO1️⃣ Most traders struggle to identify true market pivots - the real tops and bottoms where reversals begin. ❌ They often enter too late or too early. ❌ They follow price alone, unaware of what’s happening beneath the surface. ❌ Sideways markets mislead them, hiding accumulation or distribution by larger players. ❌ They don’t know if momentum is building or fading, so confidence is low — and consistency suffers. 2️⃣ AlphaLiquidity Divergence PRO was built to solve this. ✅ It combines price action with volume-based liquidity behavior to help traders detect: ✅ Hidden accumulation or distribution ✅ High-probability bullish or bearish divergences ✅ True pivot zones where smart money may be entering or exiting positions It provides visual confirmations — helping You (traders) build clarity, timing, and conviction in their decisions. 3️⃣ What the Indicator Does & How It Works? Directional Momentum (Slope of AlphaLiquidity) The slope of AlphaLiquidity reveals whether institutional liquidity is building or draining. When AlphaLiquidity is rising, it often reflects inflow suggesting bullish intent or growing strength behind price. When AlphaLiquidity is falling, it indicates outflow. Signaling weakening interest or pressure behind a move. This directional shift provides an early look into whether a trend is likely to continue or stall. 4️⃣ Divergences Between Price and AlphaLiquidity At the core of the system is a divergence detection engine. The indicator compares price highs/lows with AlphaLiquidity highs/lows using a pivot-based method. When price moves in one direction but AlphaLiquidity does not confirm . That's a divergence. These mismatches are powerful because they often appear just before market reversals, especially when they occur within extreme AlphaLiquidity zones (overbought or oversold conditions). Potential Confidence Scoring with labeling of Potential BEAR and Potential BULL. Each Confidence Scoring is here to help the trader quickly evaluate its quality. This score is based on three main factors: ➡️ Is a divergence present? ➡️ Is the current AlphaLiquidity in an extreme zone (above 80 or below 20)? ➡️ Does the broader trend (e.g., via EMA) align with the direction of the signal? The score provides a quick, visual assessment that helps prioritize higher-probability setups and reduce overtrading. Understanding AlphaLiquidity Zones AlphaLiquidity values range between 0 and 100, and the indicator highlights zones which is trying to simulate the potential behaviour of smart money: ➡️ Above 80: Says that there is a potential exhaustion from heavy buying - often a sell zone or start of distribution. ➡️ Below 20: Indicates potential accumulation or oversold exhaustion - often a buy zone. These zones are visually shaded, making it easier to spot where institutional participants may be active. Typically buying when prices are low and selling into strength. Volume-Weighted Price Flow Unlike price-only indicators, AlphaLiquidity blends both price action and volume, offering insight into how committed the market is behind a move — not just where price is going, but how convincingly it’s getting there. 🟢🔴 Visual Feedback Green slope = inflow / building pressure Red slope = outflow / weakening conviction This color-coded logic allows traders to visually track momentum without extra noise. 5️⃣ How to Read AlphaLiquidity in Sideways Markets In the green highlighted zones, we can see the market moving sideways - seemingly flat on the surface. But beneath that, AlphaLiquidity is rising, which indicates that accumulation is taking place. This means smart money is quietly building positions while retail may be unaware. In contrast, the red highlighted zones also show sideways movement, but AlphaLiquidity is decreasing over time. This signals distribution, smart money is offloading positions while price action remains stable. You can clearly see this behavior in Bitcoin during key market tops and bottoms — areas where accumulation or distribution occurred before major price moves. 6️⃣ Which Timeframes Work Best? AlphaLiquidity Divergence PRO is compatible with any asset that has volume — including crypto, futures, and stocks. It works well on all major timeframes, from investor-level weekly charts down to swing trading ranges like 4H or daily. The indicator also performs accurately on intraday charts like 15m, 5m, or 1m. Below 1-minute (e.g. 30s, 5s, 1s), the accuracy begins to degrade due to market noise and thin volume. ✅ For best results, use it on charts 3 minute and higher for stable, reliable scores. Live examples: 1. Accumulation and Distribution zones 2. Overbought and Oversold 3. Confidence Score 7️⃣ Q&A Session ➡️ Can this actually help me avoid bad trades? Yes, to a certain degree. AlphaLiquidity helps you recognize key zones where market pivots are likely to form. This can improve your timing and decision-making, especially in sideways or unclear price action. However, its accuracy decreases on very low timeframes, such as under 1 minute. Like any tool, it should never be used in isolation. This is not a guaranteed signal system. It's a decision-support tool. For best results, it should be combined with other forms of confluence, such as market structure, support/resistance, or trend confirmation. It's not about being right 100% of the time. It's about seeing what others miss and using that insight wisely. ➡️ Is this just another flashy signal tool? This isn't a black-box signal generator. AlphaLiquidity shows you why the market might be turning, using volume-backed divergence and zone behavior. ➡️ How do I know I’m not just getting scammed again? AlphaLiquidity uses principles rooted in real market behavior such as volume, price, and institutional patterns. It's made for traders, by traders who've been there. ➡️ Will this work with how I trade? It works on any chart with volume - crypto, stocks, futures and supports timeframes from 1-minute to weekly. Whether you scalp, swing or Investing you’ll find value. ➡️ Can I trust the signals? It’s important to note that these are not traditional ‘buy/sell’ signals. They are confidence-based insights, scored using real, structured divergence logic - not randomness. Each setup is evaluated based on multiple conditions, like divergence presence, liquidity zone strength, and optional trend alignment. This gives you a measured confidence score, not just a binary yes/no signal. And you’re encouraged to add your own confluences - such as market structure, EMAs, or price action, to stack your edge and make more informed decisions. Think of it as a decision filter, not a signal trigger. 8️⃣ Final Thoughts AlphaLiquidity Divergence PRO isn’t a magic solution. It’s a clarity tool. It’s built to help you spot high-probability market pivots, understand when momentum is shifting, and make more confident decisions based on volume-backed structure, not noise. It’s most effective when used as part of a broader strategy, alongside your own analysis and confluences. If you’re looking for a smarter way to read the market and filter out low-quality setups, this tool can help. But if you’re already confident in your current approach and don’t see the value in adding liquidity and divergence insights that’s perfectly fine too. Stick to what works for you. ➡️ AlphaLiquidity is for those who want to add a volume-based divergence lens to their existing analysis process.
Pine Script® indicator
by Risk_Adj_Return
K3 - Quarterly Theory 90 Minute SSMTThe K3 indicator was designed to clearly identify the primary price levels (“PPLs”) associated with the 90 minute cycle sequential smart money technique (“90SSMT) which is a core concept of Quarterly Theory (“QT”). K3 is meant to be used primarily with the 5 minute timeframe. QT was originally created by Traderdaye. Traderdaye was inspired by the Inner Circle Trader. The 90SSMT PPLs identified by the K3 indicator are as follows: Q1 low (grey line) Q1 high (grey line) Q1 equilibrium (dashed grey line) Q2 low (pink line) Q2 high (pink line) Q2 equilibrium (dashed pink line) Q3 low (light green line) Q3 high (light green line) Q3 equilibrium (dashed light green line) Q4 low (light blue line) Q4 high (light blue line) Q4 equilibrium (dashed light blue line) A 90SSMT is formed when the price of one asset takes a low or high while another asset that is normally correlated with the first asset fails to take the same low or high. 90SSMT is used with other QT core concepts such as precision swing point (“PSP”) and terminus price divergence (“TPD”) by QT traders to refine and execute trade setups. TPD is a concept originally created by Jacob Speculates. Equilibrium of a daily cycle may also be used to identify 90SSMT. However, the trader who developed this indicator is not sure that this concept has been publicly taught or endorsed in any way by Traderdaye or Jacob Speculates.
Pine Script® indicator
by Kohtrade
K2 - Quarterly Theory Daily SSMTThe K2 indicator was designed to clearly identify the primary price levels (“PPLs”) associated with the daily cycle sequential smart money technique (“DSSMT) which is a core concept of Quarterly Theory (“QT”). K2 is meant to be used primarily with the 15 minute timeframe. QT was originally created by Traderdaye. Traderdaye was inspired by the Inner Circle Trader. The DSSMT PPLs identified by the K2 indicator are as follows: Q1 low (grey line) Q1 high (grey line) Q1 equilibrium (dashed grey line) Q2 low (pink line) Q2 high (pink line) Q2 equilibrium (dashed pink line) Q3 low (light green line) Q3 high (light green line) Q3 equilibrium (dashed light green line) Q4 low (light blue line) Q4 high (light blue line) Q4 equilibrium (dashed light blue line) A DSSMT is formed when the price of one asset takes a low or high while another asset that is normally correlated with the first asset fails to take the same low or high. DSSMT is used with other QT core concepts such as precision swing point (“PSP”) and terminus price divergence (“TPD”) by QT traders to refine and execute trade setups. TPD is a concept originally created by Jacob Speculates. Equilibrium of a daily cycle may also be used to identify DSSMT. However, the trader who developed this indicator is not sure that this concept has been publicly taught or endorsed in any way by Traderdaye or Jacob Speculates.
Pine Script® indicator
by Kohtrade
ATGRIDBOT OPTIMIZER Hello Trader.. There are some option in the script, let see one by one: Market Direction: To specify the direction of the position: Long only, Short only, and Neutral Contrat (Lot) Number: It specifies the size of the position to be opened when the trend reverses (position changes). Test by backward bar count: If selected, it indicates how many backward bars will be taken into account in the back test process. If not selected, Start Date is taken into account. Show Table: shows the results on the screen. In this way, you will find the best parameter values ​​​​according to the number of bars or date you entered. Here the top 5 parameters are show along with total profit, profitable position, loss position and parameter values. Remember that as the number of bars and dates in backtests increases, the calculation time will increase. DISCLAIMER: No sharing, copying, reselling, modifying, or any other forms of use are authorized for our documents, script / strategy, and the information published with them. This informational planning script / strategy is strictly for individual use and educational purposes only. This is not financial or investment advice. Investments are always made at your own risk and are based on your personal judgement. I am not responsible for any losses you may incur. Please invest wisely.
Pine Script® indicator
by celalkaracur52
Goldbach Take ProfitsGoldbach Take Profit Levels – Algorithmic TP Zones for NAS100 Using 243/729 PO3 Logic This indicator provides structured Take Profit (TP) levels using a proprietary Goldbach-based PO3 system, designed for algorithmic trading on NAS100 and similar trending instruments. It calculates four TP zones derived from mathematically precise 243 and 729 ranges, helping traders spot likely reaction, reversal, or continuation points in the trend. TP Levels Explained: TP: FV (Fair Value) – Minor reversal zone TP: MB (Mid Block) – Moderate reaction level TP: LV (Liquidity Void) – High-probability liquidity target TP: OB (Order Block) – Likely premium or discount exit 📈 Use Cases: Pair with Goldbach 243 BuySell Signal for quicker scalps Pair with Goldbach 729 Signal for higher timeframe entries Validate whether price has room to reach new TP levels before entering This TP tool is part of a broader confluence-based system. When used with the 243 and 729 BuySell indicators, it helps structure trade exits after precision-based entries. However, it can also function independently to project logical profit zones. ✅ Best Trading Practices: Wait for a fresh signal with untouched TP zones Confirm trend direction using 30M or 1H timeframes Use lower timeframes (1M–5M) for sniper entries Avoid trades if TP3 or TP4 have already been hit 🕒 Timeframe Strategy: Bias: 1H Signal Confirmation: 15M–30M Entry Execution: 3M–1M ⚠️ Important Notes: This tool is built for structured, disciplined execution in algorithmic trading systems. It is especially effective in London and New York sessions, where volatility aligns well with PO3-based projections. Primarily tested and optimized for NAS100, but adaptable for other trending markets. 🔐 Closed Source Notice: This script uses proprietary Goldbach PO3 math to calculate take-profit zones and is published as closed source.
Pine Script® indicator
by DoktoRAlgo
CF Custom Cycle Marker🔁 CF Custom Cycle Marker The CF Custom Cycle Marker is a lightweight visual tool that lets you define and explore your own market cycles. This indicator gives you full control to place cycle low markers and overlay custom sine waves — helping you visualize market timing based on your strategy. What it does: 📍 Marks custom cycle lows to define cycle turning points 🌊 Plots customizable sine waves between those lows 🧭 Lets you choose your own cycle spacing (bars between points) ✨ Includes clean toggles for icons, waves, background shading, and even a camel logo 🐪 🎨 Personalize your chart with color, width, line style, and fill opacity ⚠️ Note: This is a manual/visual cycle tool. For real-time cycle low detection based on price action, use the full CF Cycle Trading Indicator.
Pine Script® indicator
by Camel_Finance_Products
Wick SweepThe Wick Sweep indicator identifies potential trend reversal zones based on price action patterns and swing points. Specifically, it looks for "Wick Sweeps," a concept where the market temporarily breaks a swing low or high (creating a "wick"), only to reverse in the opposite direction. This pattern is often indicative of a market attempting to trap traders before making a larger move. The indicator marks these zones using dashed lines, helping traders spot key areas of potential price action. Key Features: * Swing Low and High Detection: The indicator identifies significant swing lows and highs within a user-defined period by employing Williams fractals. * Wick Sweep Detection: Once a swing low or high is identified, the indicator looks for price movements that break through the low or high (creating a wick) and then reverses direction. * Fractal Plotting: Optionally, the indicator plots fractal points (triangle shapes) on the chart when a swing low or high is detected. This can assist in visually identifying the potential wick sweep areas. * Line Plotting: When a wick sweep is detected, a dashed line is drawn at the price level of the failed low or high, visually marking the potential reversal zone. Inputs: * Periods: The number of bars used to identify swing highs and lows. A higher value results in fewer, more significant swing points. * Line Color: The color of the dashed lines drawn when a wick sweep is detected. Customize this to match your chart's theme or preferences. * Show Fractals: A toggle that, when enabled, plots triangle shapes above and below bars indicating swing highs (up triangles) and swing lows (down triangles). Functionality: * Swing High and Low Calculation: - The indicator calculates the swing low and swing high based on the periods input. A swing low is identified when the current low is the lowest within a range of (2 * periods + 1), with the lowest point being at the center of the period. - Similarly, a swing high is identified when the current high is the highest within the same range. * Wick Sweep Detection: - Once a swing low or high is detected, the script looks for a potential wick. This happens when the price breaks the swing low or high and then reverses in the opposite direction. - For a valid wick sweep, the price should briefly move beyond the identified swing point but then close in the opposite direction (i.e., a bullish reversal for a swing low and a bearish reversal for a swing high). - A line is drawn at the price level of the failed low or high when a wick sweep is confirmed. Confirmations for Reversal: * The confirmation for a wick sweep requires that the price not only break the swing low/high but also close in the opposite direction (i.e., close above the low for a bullish reversal or close below the high for a bearish reversal). * The confirmation is further refined by checking that the price movement is within a reasonable distance from the original swing point, which prevents the indicator from marking distant, unimportant price levels. Additional Notes: * The Wick Sweep indicator does not provide standalone trading signals; it is best used in conjunction with other technical analysis tools, such as trend analysis, oscillators, or volume indicators. * The periods input can be adjusted based on the trader’s preferred level of sensitivity. A lower period value will result in more frequent swing points and potentially more signals, while a higher value will focus on more significant market swings. * The indicator may work well in ranging markets where price tends to oscillate between key support and resistance levels.
Pine Script® indicator
by abuzka
ZenAlgo - MultiverseThe ZenAlgo – Multiverse indicator provides a multi-timeframe view of Volume-Weighted Average Price (VWAP) levels and their dynamic interaction with price across seven defined timeframes: Daily, Weekly, Monthly, Quarterly, Semi-Annual, and Yearly. The indicator is intended to help traders contextualize price within time-based value areas and examine how price interacts with statistically relevant bands derived from those VWAPs. VWAP Calculation and Period Structure At the core, this script computes VWAP levels anchored to six distinct timeframes using volume data and a configurable source (default is HLC3). Each VWAP resets at the start of its corresponding period (e.g., Daily VWAP resets at the beginning of a new day) using timeframe.change() as a detection mechanism. This allows each VWAP level to reflect a clean aggregation of price and volume over its specified period. VWAP levels are only computed if volume data is present and cumulative volume increases, ensuring logical consistency. If volume is missing or inconsistent, the script terminates execution with an error to prevent invalid outputs. Band Calculation Each VWAP is accompanied by one or two optional bands on both sides, calculated using percentage-based offset. Daily VWAP is configurable per user preference to use either standard deviation or a percentage-based offset. These bands provide a dynamic value area that expands or contracts with volatility or proportional price distance, respectively. The bands help classify price as: Inside the main band (e.g., between ±1 band): near average value Inside extended band (e.g., ±2 bands): stretched but not extreme Beyond extended band: potentially overheated or oversold conditions This layering creates a multi-zoned map of value perception across timeframes. Labeling and Historical Tracking As each new VWAP is computed, it is stored in a bounded array alongside metadata such as label position, line objects, test count, and test state (whether price has interacted with it). Each level is drawn as a dotted horizontal line and labeled with its value and corresponding period (e.g., "D", "W", "M"). Price interaction with a VWAP level (i.e., candle high/low crossing the line) changes the styling of the label and line, marking it as "tested." A cap on how many tested levels are retained (default 10) avoids excessive clutter and resource usage. These persistent horizontal levels give the trader a visual reference of where value was defined in previous periods and how price has respected or ignored those levels over time. Summary Tables and Grid Two visual table overlays are provided: 1. VWAP Summary Table , this table shows: VWAP values per timeframe Trend interpretation (rising, falling, stable) relative to price Ranked order of VWAP values (from highest to lowest) The order is recalculated each bar to reflect the vertical positioning of each VWAP on the price chart. 2. VWAP Relationship Grid A grid matrix compares each VWAP and current price against all others. Each cell reflects whether a given source is above, below, or within a tolerance threshold relative to another. Colors (green, red, gray) visually encode the result, with the diagonal marked in black and unused cells disabled. This matrix helps identify alignment or dissonance among timeframes, allowing users to detect whether shorter-term value is leading or lagging longer-term value. Price Band Classification For the Daily VWAP specifically, the script includes an extra classification system. It assigns the current price to a zone (e.g., "At VWAP", "Bear Band", "Above Bull Band 2") based on where the price lies in relation to the VWAP bands. This classification is also used for dynamic coloring and added to the daily label. Display Controls The script offers fine-grained controls: Toggle visibility of each VWAP and band group independently Adjust the offset of labels from the current bar Customize band multipliers and color transparency Limit the number of historical VWAP labels plotted Position both the summary and grid tables flexibly on screen These options allow traders to declutter their charts and focus on the most relevant context for their strategy. How to Interpret and Use This indicator provides a structured view of market value perception across various timeframes. For example: When price converges with multiple VWAPs, it may suggest consensus on value. When price moves away from all VWAPs, it may indicate trending or stretched conditions. Crosses and retests of VWAPs (especially higher-timeframe ones) can act as areas of interest. The band-based classification helps identify transitional zones and whether price is situated in an area where value is being accepted or rejected. The summary tables offer a high-level dashboard of price positioning and value structure, which can assist with top-down analysis, filtering setups, or contextual decision-making. Added Value Compared to Free Alternatives Most free VWAP scripts: Cover only a single timeframe (often daily or session-based) Lack historical level tracking with tested/retested visualization Do not support grid-level relationships or multi-timeframe band analysis Offer limited configuration over how bands are calculated or displayed This script consolidates multiple value areas in one consistent framework and goes further by tracking historical relevance, providing interaction logs, and organizing data into actionable overlays. For traders seeking comprehensive value context across intraday and swing horizons, this tool offers persistent and structured data views that are otherwise unavailable through individual, isolated VWAP tools. Limitations and Disclaimers The indicator depends on volume data. On instruments with unreliable or synthetic volume (e.g., certain spot forex or CFDs), results may not be meaningful. Band-based interpretation should not be used as a signal mechanism on its own. On low timeframes, longer-period VWAPs may appear flat or visually compressed. As with any analytical tool, interpretation requires trader discretion and should be combined with broader context.
Pine Script® indicator
by ZenAlgo_Official