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Price Volume Trend (PVT)

Magnet Map: AVWAP + Locked HVNs & LVNsMagnet Map: AAVWAP + Locked HVNs & LVNs Magnet Map is a price-structure indicator designed to reveal where the market is statistically most likely to pause, react, or accelerate. It combines Daily VWAP, High-Volume Nodes (HVNs), and Low-Volume Nodes (LVNs) into a clean visual map of intraday “price magnets” and liquidity voids. The indicator is intended to do one thing: highlight where price is likely to gravitate toward and where it may move quickly through to better gauge breakouts versus false flags that end up reversing. Core Concepts: All calculations work across all timeframes, but given its VWAP-focused nature, 5M, 15M, 30M and 1H charts work best, but has toggle features for everything, including number of bars or minutes to look back. VWAP is auto anchored to the start of each day. High-Volume Nodes (HVNs) HVNs represent price levels where large amounts of volume have traded within the customized lookback window. The indicator identifies HVNs by scanning historical volume distribution and selecting the highest-volume price bins. (Not as accurate as real GEX/VEX data as it's not retrievable by TradingView just yet), but it has given a close approximation for much of my trading which has helped avoid making scalp plays only to see the setup invalidated by a key price point, i.e. SPY at $675, QQQ at $600, NVDA at $190, etc. For anyone unfamiliar, these areas tend to act as price magnets where market makers either absorb the momentum, or have to buy back in, creating a gamma flip/squeeze-like condition. Key features: • Adjustable number of HVNs • Optional strike-price snapping to round levels • Minimum spacing logic to prevent clustering • Optional zone bands based on ATR Low-Volume Nodes (LVNs) LVNs represent thinly traded areas, and for anyone unfamiliar, are usually described as liquidity gaps or air pockets. The indicator performs the following two steps: 1. Build a Volume Distribution The highest and lowest prices in the lookback window are found, and the entire price range is divided into a configurable number of price bins. Each bar’s typical price (HLC3) is assigned to one of these bins, and the bar’s volume is added to that bin. (Simply put, this creates a simplified volume profile histogram of where trading activity has occurred, almost acting opposite to how a standard VRVP would make accumulate data to find high volume areas). 2. Identify Low-Volume Areas Once the histogram is built, the script searches for bins with the lowest accumulated volume. These bins represent price levels where very little trading occurred, which often correspond to: • Liquidity gaps • Fast-moving price areas • Breakout acceleration zones These create LVNs that signal on your chart. 3. Maintain Consistent Structure To keep the levels it signals meaningful, readable, and not constantly moving, several filters are applied: Zero-volume filtering (optional) Bins with zero volume can be ignored to prevent selecting artificial gaps. Minimum spacing rules LVNs must be separated by a minimum distance determined by one of three modes: • Grid multiple (based on strike increments) • Fixed dollar distance • ATR-based spacing HVN separation LVNs can optionally be prevented from appearing too close to HVNs. 4. Price Level Placement The final LVN level is placed at the center of the selected bin. If grid snapping is enabled, the level is rounded to the nearest strike or round price increment (e.g., $0.50, $1, $5). Personally, I look at LVNs as the "path of least resistance;" not much price action at those levels, giving signals that nobody is going to go bankrupt if the price moves through those levels towards an HVN. HVNs are where hedge funds go bankrupt if not attended to properly, giving rise to big rejection levels as well as clearing significant breakout levels. Level Locking Magnet Map avoids dynamically constant shifting zones with a configurable locking logic, allowing levels to stabilize after the early session. Lock options: • Lock after X minutes • Lock after X bars • Never lock (fully dynamic) Once locked, HVN and LVN levels remain fixed for the rest of the session. Toggleable Filtering for Chart Clarity/Ease of Access Grid Snap • Optionally align levels to common strike increments ($0.50 / $1 / $2.50 / $5 etc. intended to behave as PTs with the highest OI. Can't backtest against OI directly without manually doing it, but it aligns almost perfectly with the highest volume areas on a VRVP across multiple indices and stocks, from MAG7 names to highly liquid penny stocks) Minimum Spacing Levels can be filtered using: • Grid multiples • Fixed dollar spacing • ATR-based spacing Zone Visualization Each level can display an ATR-based band, creating a realistic reaction zone rather than a single line. How To (And Who Should) Use This: Day traders and short-term options traders who want a quick view of where liquidity and structure are concentrated: Mean Reversion when price returns to VWAP or HVN Target Projection when price moves from an LVN toward an HVN Support / Resistance at the HVN levels (particularly the $2.50 and $5 spacing for indices and other big names) Breakout Validation when price either enters an LVN or clears a previously rejected HVN.
Pine Script® indicator
by TylerisTrading
WSY Breakout IndicatorThe WSY Breakout Indicator identifies expansion candles where effort and result align, inspired by the Wyckoff principle that strong price movement should be confirmed by strong volume. The goal of this indicator is to highlight candles that have the potential to start momentum moves or breakouts, while filtering out weak candles that lack conviction. Instead of relying purely on price structure, this tool focuses on three key factors: Volume Expansion (Effort) Range Expansion (Result) Candle Quality (Where the candle closes) When these conditions align, the indicator places a dot on the chart. Signal Types Bullish Breakout (Green Dot) A bullish signal appears when: Current volume is greater than the defined percentage of the average volume Candle range is larger than the ATR threshold The candle closes in the upper portion of its range The candle forms a Higher High and Higher Low compared to the previous candle This combination suggests strong buying pressure and expanding momentum. Bearish Breakdown (Red Dot) A bearish signal appears when: Current volume exceeds the volume threshold Candle range exceeds the ATR threshold The candle closes in the lower portion of its range The candle forms a Lower High and Lower Low compared to the previous candle This suggests strong selling pressure and downward momentum. Indicator Inputs The indicator is highly customizable: Volume Settings Volume Average Period Volume Threshold (% of average) Range Settings ATR Period Option to compare candle range to ATR or ATR as a percentage of price Candle Quality Adjustable close position filter for bullish candles Adjustable close position filter for bearish candles Signal Controls Show Bulls Show Bears Show Both How to Use The WSY Breakout Indicator is designed to help traders quickly identify momentum candles worth investigating, not to act as a standalone trading system. Typical uses include: Spotting potential breakout candles Identifying momentum continuation Highlighting high conviction moves Filtering out candles that have volume but poor price follow-through Traders should combine these signals with their own analysis such as: Support and resistance Market structure Trend direction Higher timeframe context Concept In Wyckoff terms: Effort = Volume Result = Price Movement When both expand together and the candle closes with strength, it often signals that institutional activity may be present in the move. The WSY Breakout Indicator highlights these moments so traders can focus on the candles that matter.
Pine Script® indicator
by karimka
SuperTrend Pro + EMA + RSI + Trailing Stop//@version=5 indicator("SuperTrend Pro + EMA + RSI + Trailing Stop", overlay=true, max_labels_count=500) // ======================= // INPUT PARAMETERS // ======================= // SuperTrend Inputs factor = input.float(3.0, "Main Factor (Buy & Plot)", minval=0.01, step=0.01) sellFactor = input.float(2.4, "Sell Factor (Early Warning)", minval=0.01, step=0.01) atrLen = input.int(10, "ATR Length", minval=1) // Volume Inputs volLen = input.int(20, "Vol Avg Length") volMult = input.float(1.5, "Vol Multiplier") // New Safety Filter Inputs (EMA & RSI) emaLen = input.int(200, "EMA Filter Length") rsiLen = input.int(14, "RSI Length") rsiMax = input.float(65.0, "RSI Max for Buy (Avoid overbought)") // Trailing Stop Input trailPct = input.float(2.0, "Trailing Stop %", minval=0.1, step=0.1) // ======================= // CALCULATIONS // ======================= = ta.supertrend(factor, atrLen) = ta.supertrend(sellFactor, atrLen) avgVol = ta.sma(volume, volLen) ema200 = ta.ema(close, emaLen) rsiVal = ta.rsi(close, rsiLen) // ======================= // CONDITIONS & LOGIC // ======================= // 1. Is Volume high? volCondition = (volume > (avgVol * volMult)) // 2. Are we in a macro Bull Trend? (Price above 200 EMA) emaBullCondition = (close > ema200) // 3. Is there still room to grow? (RSI not overbought) rsiCondition = (rsiVal < rsiMax) // Buy Signal Logic: Supertrend turns Green + High Vol + Above EMA + Under RSI rawBuy = (dir == -1) and (dir == 1) buySignal = rawBuy and volCondition and emaBullCondition and rsiCondition // ======================= // TRAILING STOP STATE // ======================= var float trailStop = na var bool inTrade = false var bool sellSignal = false sellSignal := false // Reset sell signal every bar // Enter a trade if we get a buy signal if buySignal and not inTrade inTrade := true trailStop := close * (1 - (trailPct / 100)) // If we are currently in a trade, manage the Stop Loss or Early Sell if inTrade // Move the trailing stop UP if the price increases, but NEVER down trailStop := math.max(trailStop, close * (1 - (trailPct / 100))) // Condition A: Did we hit the Trailing Stop Loss? hitStop = (close < trailStop) // Condition B: Did the early SuperTrend flip Red with High Volume? rawSell = (dirSell == 1) and (dirSell == -1) earlySell = rawSell and volCondition // If either scenario happens, SELL and exit the trade if hitStop or earlySell inTrade := false trailStop := na sellSignal := true // ======================= // PLOTTING // ======================= // Plot the main SuperTrend Line plot(st, "Main SuperTrend", color = dir == -1 ? color.green : color.red, linewidth=2) // Plot the 200 EMA Line plot(ema200, "200 EMA", color=color.blue, linewidth=2, title="200 EMA") // Plot the Trailing Stop Line (only shows up when we are secretly 'in a trade') plot(inTrade ? trailStop : na, "Trailing Stop", color=color.orange, style=plot.style_cross, linewidth=2) // Plot Buy & Sell Arrows plotshape(buySignal, title="BUY", location=location.belowbar, color=color.lime, style=shape.triangleup, size=size.large, text="BUY") plotshape(sellSignal, title="SELL", location=location.abovebar, color=color.red, style=shape.triangledown, size=size.large, text="SELL") // ======================= // ALERTS // ======================= alertcondition(buySignal, "Pro Buy Signal", "BUY! High Vol, Bullish EMA, Good RSI.") alertcondition(sellSignal, "Pro Sell Signal", "SELL! Trailing Stop or Indicator flip triggered.")
Pine Script® indicator
by eldawi85
Market Structure (ChoCh & BOS) [identityKa]Overview The Market Structure (CHoCH & BOS) is a premium Smart Money Concepts (SMC) indicator designed to automatically track institutional market flow. Unlike basic structural indicators that only draw horizontal lines, this advanced engine identifies the precise moment the market bias shifts (CHoCH) or continues (BOS), and instantly plots the originating Order Block (OB) from which the structural break was initiated. Core Mechanics & Terminology The algorithm maps the market using strict pivot logic (customizable sensitivity) to filter out market noise and focus on true liquidity sweeps: Change of Character (CHoCH): The first definitive sign of a trend reversal. Triggered when the price strictly closes above the last structural lower-high (in a downtrend) or below the last structural higher-low (in an uptrend). Break of Structure (BOS): A continuation signal. Triggered when the price strictly closes above the last higher-high (in an uptrend) or below the last lower-low (in a downtrend), validating that the current trend remains dominant. Auto Order Blocks (OB): This is the premium feature of the script. Whenever a valid BOS or CHoCH occurs, the engine mathematically traces back to the extreme pivot candle that caused the break. It automatically draws a highlighted Order Block zone (from the high to the low of that specific candle), projecting it forward as a highly probable area of future institutional mitigation. HUD Dashboard & AI Logic To streamline SMC trading, the integrated on-chart panel evaluates the active market structure and outputs a mechanical state: Dangerous: Displayed whenever the current live price action enters an active, unmitigated Order Block (OB) zone. This acts as a critical warning that price is in a high-friction institutional area, and a violent rejection or bounce is imminent. Standard continuation trades should be avoided here. LONG: Triggered when the macro bias is Bullish (last break was a Bullish CHoCH or BOS) and the price is comfortably outside of any active Order Block zones. SHORT: Triggered when the macro bias is Bearish and the price is cleanly trending outside of active resistance zones. How to Use It for Maximum Precision SMC traders rely on patience and mitigation. When the indicator prints a new CHoCH or BOS, do not enter immediately. Instead, wait for the AI Suggestion to switch to "Dangerous" as the price pulls back into the newly formed Order Block. Once inside the box, drop to a lower timeframe to look for a micro-CHoCH confirmation, and execute your trade in the direction of the macro bias (LONG or SHORT) for explosive risk-to-reward ratios.
Pine Script® indicator
by IdentityKa
Directional Volume Pressure (DVP) Directional Volume Pressure (DVP) Directional Volume Pressure (DVP) is a volume-based oscillator that estimates who is “winning” inside each candle (buyers or sellers), then smooths and optionally normalizes that estimate into a clean signal you can use for trend confirmation, momentum shifts, absorption spotting, and divergence. Unlike many “up volume vs down volume” tools that only look at whether the candle closed green/red, DVP also considers how much of the candle was real body vs wick. That matters, because a big wick often represents rejection, while a big body often represents acceptance/commitment. DVP outputs a histogram that oscillates around 0: Above 0 = net buying pressure (bulls dominating) Below 0 = net selling pressure (bears dominating) Crossing 0 = potential regime shift / momentum flip You can optionally add: Fast/Slow moving averages of the pressure (for regime + cross signals) Absorption detection (high volume, low real movement = likely large passive liquidity) Divergence detection (price makes new extreme, pressure fails to confirm) ±1 “zone” lines (when normalized) to highlight stronger-than-normal pressure 1) What the indicator is measuring (plain English) Every candle has: Range = high - low Body = abs(close - open) Body ratio = body / range (how much of the candle is “real move” vs wicks) DVP uses body ratio as a proxy for conviction: Large body / small wicks → stronger directional intent Small body / large wicks → more indecision / rejection Then it allocates the candle’s volume into two buckets: Bull volume Bear volume Finally it computes: Net Pressure = bull_volume - bear_volume Smooth it over time Normalize (optional) so it’s easier to compare across assets/timeframes This gives you a single line/histogram that answers: “Is volume pressure currently more bullish or bearish—and how unusually strong is it compared to recent history?” 2) How DVP splits volume into bullish vs bearish (how it works) A) If the candle closes green (close > open) The candle is treated as bull-dominant, and the body ratio decides how dominant: bull_volume = volume * body_ratio bear_volume = volume * (1 - body_ratio) So: Big green body → bull volume gets most of the volume Green candle with long wicks → bull volume gets less (because conviction is weaker) B) If the candle closes red (close < open) Mirror logic: bull_volume = volume * (1 - body_ratio) bear_volume = volume * body_ratio So: Big red body → bear volume gets most of the volume Red candle with long wicks → bear volume gets less C) If the candle is a doji (close == open) It uses a simple heuristic: Find the candle midpoint (high + low)/2 If the close is above the midpoint, it leans bullish; otherwise bearish It assigns 60/40 instead of 50/50 to avoid flatlining This prevents doji candles from always being “neutral” (because in real trading they often aren’t). 3) The smoothing pipeline (why it’s there) Raw volume pressure is noisy. So DVP smooths in two stages: Pressure sum pressure_sum = EMA(net_pressure, period) Final smoothing pressure_smooth = EMA(pressure_sum, smooth) What these do: Period controls the “memory” of pressure (how many bars matter). Smoothing is a final noise filter so the histogram isn’t jittery. Typical use: Lower timeframes (1m–15m): increase smoothing a bit Higher timeframes (4H–1D): you can reduce smoothing 4) Normalization options (how to choose) DVP offers 4 normalization modes. This is important because raw volume values are not comparable across markets (BTC vs a low-cap alt, or NY session vs Asia session, etc.). 4.1 Raw Shows the smoothed net pressure in absolute units. Best if you only trade one instrument and want pure, unscaled behavior. Downside: A volume regime change can distort interpretation. 4.2 Percent pressure_smooth / EMA(volume, period) Converts pressure into a relative fraction of recent volume Good for comparing across instruments a bit more fairly than Raw. Downside: Still not “statistically standardized.” 4.3 Z-Score (recommended) It computes a Z-score of pressure vs its recent history: mean = SMA(pressure_smooth, stat_period) std = StDev(pressure_smooth, stat_period) z = (pressure - mean) / std Then it clamps to avoid extreme outliers and rescales: clamp z to divide by 2 → roughly maps into about Why it’s powerful: Z-score tells you when pressure is unusually strong relative to the last stat_period bars. This is the best mode if you want: consistent “strong/weak” thresholds zone lines (±1) to mean something 4.4 Adaptive Scales pressure to a rolling min/max range: norm_adaptive = 2*(pressure - low)/(high-low) - 1 This forces output into based on recent extremes. Use it when: You want clean bounded visuals You trade assets with wildly changing volatility/volume Downside: It’s relative to the window, so extreme prints can “compress” everything else until they roll off. 5) Reading the histogram (the core skill) 5.1 Basic interpretation Green bars above 0: bullish pressure dominance Red bars below 0: bearish pressure dominance 5.2 Strength and “trend quality” In Z-score or Adaptive, the height of the bars matters a lot. Taller bars = stronger imbalance between bull vs bear volume allocation. A healthy trend often shows: bullish trend → consistent positive bars, pullbacks don’t push deeply negative bearish trend → consistent negative bars, bounces don’t push deeply positive 5.3 The “tell” One of the strongest tells is price moving up while DVP falls, or price moving down while DVP rises. That’s where absorption/divergence logic becomes useful. 6) Moving averages, regimes, and crosses (optional overlays) DVP can plot: Fast MA (default 9) Slow MA (default 21) MA type: SMA / EMA / WMA / VWMA 6.1 Regime definition Bullish regime: ma_fast > ma_slow Bearish regime: ma_fast < ma_slow The histogram color intensity changes depending on regime: When pressure aligns with regime, colors are “stronger” When pressure contradicts regime, colors are “faded” 6.2 Cross signals Bullish cross: fast MA crosses above slow MA Bearish cross: fast MA crosses below slow MA These are best used as: confirmation after a structure break early warning when pressure trend flips before price Tip: Crosses are more meaningful when: they occur near the zero line, or they occur alongside a strong Z-score push 7) Absorption detection (optional) Idea: Sometimes volume explodes, but price barely moves. That often implies absorption: large passive limit orders absorbing aggressive market orders “someone big” taking the other side without allowing progress How DVP flags absorption It checks two things: Volume Z-score is high Computes Z-score of volume over stat_period Triggers when it exceeds absorption_threshold (default 2.0 sigma) Price movement is small (relative to ATR) Measures body size vs ATR(14) Triggers if body/ATR is small (< 0.5) Then it classifies: If absorption happens while DVP is positive → bullish absorption marker If absorption happens while DVP is negative → bearish absorption marker How to use it Absorption is not automatically bullish or bearish. It’s more like: Bullish absorption can indicate “sellers got absorbed” and a base is forming Bearish absorption can indicate “buyers got absorbed” near tops/distribution Best practice: Use absorption at key levels (prior highs/lows, VWAP bands, value areas, trendlines) Combine with follow-through: the next few candles should confirm direction 8) Divergence detection (optional) DVP can look for simple divergence patterns over div_lookback bars: Bullish divergence (the concept) Price prints a lower low DVP prints a higher low And DVP is below 0 (selling pressure context) This often means: “Price pushed lower, but the selling pressure did not expand—downside may be weakening.” Bearish divergence (the concept) Price prints a higher high DVP prints a lower high And DVP is above 0 (buying pressure context) This often means: “Price pushed higher, but the buying pressure did not expand—upside may be weakening.” Important: Divergence works best when: it appears after an extended move it forms at prior liquidity (previous highs/lows) it’s followed by a clear structure break or zero-line shift in DVP 9) The ±1 zone lines (optional) If you enable Show ±1 Zones and you are not in Raw mode, the script plots: +1 zone −1 zone In Z-score mode, those zones are especially useful because they represent “unusually strong” pressure relative to recent history. Simple rule of thumb: Sustained bars beyond +1 → strong bullish control Sustained bars beyond −1 → strong bearish control Failure to reach zones during trend continuation attempts → weakening trend 10) Practical setups (copy/paste playbooks) Setup A — Clean trend confirmation (recommended) Normalization: Z-Score Period: 14 Smoothing: 3–5 Show MAs: ON (9/21 EMA) Show Crosses: optional How to trade it: Bias long when DVP > 0 and fast MA > slow MA Bias short when DVP < 0 and fast MA < slow MA Reduce risk when DVP starts contradicting regime repeatedly Setup B — Momentum shift + entries Z-Score Show Crosses: ON Watch for: pressure crossing 0 MA cross bar height expansion (strong push) Use it to confirm a breakout: Breakout candle + DVP expansion + bullish regime = higher quality breakout Setup C — Reversal hunting (advanced) Show Absorption: ON Show Divergence: ON Use Z-score zones Reversal checklist: Divergence near a key level Absorption print occurs around the same zone DVP crosses 0 or MA cross confirms Price breaks minor structure (swing high/low) 11) Common mistakes Treating DVP as a standalone entry signal. It’s strongest as a confirmation tool. Using Raw mode across multiple assets/timeframes and expecting consistent thresholds. Over-trusting divergence in choppy ranges without structure confirmation. Ignoring session effects (volume regimes change dramatically in some markets). 12) What each setting does (quick reference) Core Settings Period: lookback for pressure EMA (bigger = smoother/laggier) Smoothing: extra EMA smoothing on top (bigger = less noise) Normalization Raw: absolute pressure Percent: pressure relative to volume Z-Score: statistically standardized pressure (best for thresholds) Adaptive: min/max scaled to Statistical Period: lookback for Z-score + adaptive range Moving Averages Show MAs: plots fast/slow MA on pressure Show Crosses: plots ▲/▼ when fast crosses slow Fast / Slow MA: sensitivity vs stability MA Type: smoothing style Signals Show Absorption: highlights absorption bars + A markers Absorption Threshold: how extreme volume must be (sigma) Show Divergence: plots D markers Divergence Lookback: scan window for extremes Show ±1 Zones: plots zone lines when normalized 13) Short “store page” style summary (if you need it) Directional Volume Pressure (DVP) estimates buyer vs seller dominance by allocating each candle’s volume based on body-to-range structure, then smoothing and normalizing it into an oscillator around zero. Use it to confirm trends (pressure above/below zero), identify regime shifts (MA crosses and zero-line flips), spot absorption (high volume with low real movement), and detect divergences when price extremes are not confirmed by volume pressure. Z-score normalization is recommended for consistent thresholds and zone-based interpretation across markets and timeframes.
Pine Script® indicator
by KevinSvenson_
Liquidation Cascade Detector - BasicThe Liquidation Cascade Detector identifies high-probability reversal entries by detecting the microstructure footprint of forced liquidations in futures, equities, crypto, and forex markets. When leveraged positions are stopped out in clusters, they create a recognizable sequence of price action, volume, and volatility signatures. This indicator scores the confluence of those signatures in real time — for both long and short setups simultaneously — and fires a signal only when the combined evidence exceeds a threshold. This runs four of the seven analysis modules found in the full LCD system, fires up to five signals per regular trading session, and displays an aggregate confluence score. No external libraries, no dependencies — a single self-contained script. Designed primarily for micro futures (MNQ, MGC, MES) on intraday timeframes (1m–15m), though the scoring system works on any liquid instrument with reliable volume data. Works on all TradingView plans. ## How It Works The indicator evaluates four independent analysis modules, computes a directional confluence score for each side, and gates output through a cooldown and session cap before firing. **Volume Analysis** Classifies current volume relative to a rolling average. When volume exceeds a configurable spike multiplier, it indicates potential forced liquidation activity — the kind of participation surge that occurs when clustered stop-outs feed into the order book simultaneously. The volume score ramps linearly from normal conditions through spike territory. This module contributes context to both directions, since liquidation events produce volume regardless of which side is being forced out. **Keltner Channel Exhaustion** Measures price extension beyond dynamically calculated channel bands. The Keltner midline uses an EMA basis with ATR-scaled bands. When price pushes beyond the outer band, the indicator scores the degree of overextension — how far past the band in ATR terms. Greater extension produces a higher score, reflecting conditions where price has been pushed to statistical extremes consistent with forced-exit overshoot. The scoring is continuous, not binary: a slight breach scores low, while a 2-ATR overshoot receives the full module weight. Upper band exhaustion feeds into the short score; lower band exhaustion feeds into the long score. **Price Action Structure** Detects two liquidation-consistent candle patterns. The primary pattern is the liquidation bar: a candle with a disproportionately large wick and a small body on elevated volume, indicating price was shoved through a level by forced exits and then reclaimed by organic flow. Configurable wick-to-range and body-to-range ratios control detection sensitivity. The secondary pattern is the engulfing bar on volume — a full-range candle that absorbs the prior bar on above-average participation. Liquidation bars receive the full module score; engulfing bars receive a partial score reflecting their lower specificity as a liquidation signature. **Higher Timeframe Trend** Pulls a single EMA from a configurable higher timeframe and reads its slope direction. Signals aligned with the higher timeframe trend receive the full trend bonus. Counter-trend signals receive zero from this module but are not blocked — they simply need stronger confluence from the other three modules to reach the threshold. Counter-trend signals that do fire are visually dimmed on the chart so you can distinguish them at a glance. **Scoring** Each module contributes to a weighted confluence score computed independently for long and short directions on every bar. Volume (20 points max), Keltner exhaustion (30 points max), price action (25 points max), and higher timeframe trend (25 points max) sum to a 0–100 scale. A minimum-modules gate ensures at least two modules contribute meaningfully — a single strong reading in isolation cannot fire a signal. If both directions exceed the threshold simultaneously, only the higher-scoring direction fires. **Signal Gating** A fixed cooldown prevents signal clustering: after a signal fires, subsequent signals in the same direction are suppressed for a configurable number of bars. A per-session signal cap limits total signals during regular trading hours. When a signal is detected but suppressed by the session cap, a small marker appears at the bottom of the chart so you know the system saw something. Signals only fire during NY cash session AKA RTH (9:30 AM – 4:00 PM ET). Functionality not in this version: - **CVD Divergence Analysis** — Session-aware cumulative volume delta with structural divergence detection and momentum shift analysis. Detects when price is making new extremes but order flow is not confirming, which is one of the strongest signals of impending liquidation exhaustion. - **PCA Breadth** — Cross-asset market internals aggregation ( TICK , ADD , V VOLD , VIX term structure) into a composite reading of internal market health. Identifies whether conditions favor longs, shorts, or neither. - **ETF Correlation** — Monitors the relationship between the futures contract and its corresponding ETF, detecting alignment and divergence in relative momentum. - **MFP Regime Classification** — A macro flow pressure model monitoring six asset classes (equity index futures, dollar, volatility, gold, crude, yield curve) to classify the current environment from Strong Risk-On to Strong Risk-Off. Adjusts signal thresholds, provides position sizing suggestions, and enables emergency exit alerts on adverse regime shifts. - **Adaptive Thresholds** — Signal threshold adjusts dynamically based on current volatility regime rather than using a fixed value. - **Full Pattern Library** — Additional liquidation patterns including sweep-reclaim, stop-hunt, and multi-bar absorption with quality scoring. - **Five Presets** — Pre-tuned parameter sets for aggressive scalping, conservative scalping, intraday trend-fade, mean-reversion, and swing trading. - **Unlimited signals per session** with adaptive cooldown that responds to market conditions. ## Display Signal markers plot on the chart as directional triangles. Color intensity indicates trend alignment: bright signals are with-trend, dimmed signals are counter-trend. A small dot marker appears at the chart bottom when a qualifying signal was suppressed by the session cap. Keltner channel bands are plotted as an overlay (toggle in settings). A score gauge in the bottom-right corner shows the leading direction, aggregate score, threshold, session signal count, and current session state. An info table (position configurable) provides a compact dashboard with scores for both directions, HTF trend, volume state, Keltner status, and signal budget. Session awareness is built into the display: the RTH open price plots as a dashed horizontal line, and the opening range (9:30–10:00 ET) is highlighted with a subtle background shade. ## Settings All parameters are adjustable: - **Volume Lookback / Spike Multiplier** — Controls rolling average length and the threshold for classifying a volume bar as a spike. Default 20-bar lookback, 1.8x multiplier. - **Keltner Length / ATR Multiple / ATR Length** — Controls channel width and sensitivity. Default 20-bar EMA, 2.0 ATR multiple, 14-bar ATR. - **Liquidation Wick Ratio / Max Body Ratio** — Controls how strict the liquidation bar pattern detection is. Higher wick ratio and lower body ratio = fewer but higher-quality detections. - **Trend Timeframe / Trend EMA Length** — Controls the higher timeframe trend overlay. Default 15-minute timeframe with 21-period EMA. - **Signal Threshold** — Minimum confluence score to fire. Lower = more signals with lower average quality. Default 45. - **Cooldown Bars** — Minimum spacing between signals. Default 10 bars. - **Signals per Session** — Maximum signals during RTH. Default 5. - **Display toggles** — Individually toggle Keltner bands, session markers, info table, and score gauge. ## Usage Notes This is a scoring and alerting tool, not a strategy. It identifies conditions consistent with forced liquidation events and scores setup quality. It does not determine position size, stop placement, or profit targets. Not financial advice. Signals are most reliable on liquid futures during active trading hours. The opening range and power hour tend to produce the highest-quality signals. Lunch hours (12:00–1:30 ET) typically produce thinner conditions. The indicator suppresses overnight signals by only firing during RTH. Uses one `request.security()` call for the higher timeframe trend. All data uses confirmed bars with no lookahead. Open source under the Mozilla Public License 2.0.
Pine Script® indicator
by Cascade_Indicators
Session Volume Profile Extended by Chaitu50cSession Volume Profile Extended By Chaitu50c session-based Volume Profile indicator that calculates and plots the most important volume distribution levels — Point of Control (POC), Value Area High (VAH), and Value Area Low (VAL) — for both the current and previous sessions. Instead of displaying a full histogram, the script internally builds volume bins using price grouped by a configurable tick size and accumulates volume throughout the selected session timeframe. At the end of each session, it determines the POC (highest traded volume level) and expands outward to define the Value Area based on the user-defined percentage of total session volume. The indicator updates current session levels in real time, allowing traders to see how developing volume structure evolves during the day. When a new session begins, the previous session’s levels are finalized and extended forward for reference. Users can control how many past sessions remain visible, ensuring the chart stays clean while preserving important historical levels. Each level — past and current POC, VAH, and VAL — can be independently enabled and fully customized in terms of color, style, and width. Row size controls the precision of volume grouping, while the Value Area percentage determines how broad or narrow the value zone becomes. This makes the indicator adaptable to different instruments and trading styles. Ultimate Session VP is best suited for intraday traders who use volume-based structure for identifying equilibrium zones, breakout areas, and key support or resistance levels derived from real session participation.
Pine Script® indicator
by chaitu50c
Vector Candle Multi-Timeframe Analysis Bull/Bear Table⚠️ Why vector candles often get “filled” quickly Vector candles usually do not represent balanced price discovery. Instead, they are often created by: Stop-loss cascades Forced liquidations Aggressive breakout entries News or sudden order-flow shocks Because of this imbalance: Price frequently retraces partially or fully into the vector candle The market “revisits” these areas to rebalance liquidity This makes vector candles high-interest zones for pullbacks, reactions, and entries 👉 For traders, this means: Vector candles are not random — they often become targets, magnets, or reaction zones. 🔍 Why Multi-Timeframe Vector Analysis matters A vector candle on one timeframe already signals abnormal activity. But when vector candles appear on multiple timeframes, it becomes far more meaningful: A 15m vector may indicate short-term aggression A 1h or 4h vector often reflects structural participation A Daily vector can define the dominant market impulse Seeing vector candles across timeframes helps you: Align entries with higher-timeframe pressure Avoid trading against recent institutional impulses Identify whether a pullback is occurring into active vector zones 🧠 What this indicator does This indicator is a Multi-Timeframe Vector Candle Scanner. It does not draw candles. Instead, it gives you a compact table that shows: Whether a bullish or bearish vector candle exists Across the following timeframes: 15m, 30m, 1h, 2h, 4h, 1D Based on PVSRA vector logic, not simple volume spikes Table output: BULL → bullish vector candle detected BEAR → bearish vector candle detected — → no vector candle detected Summary row: Shows how many timeframes (out of 6) currently contain a vector candle Example: 3 / 6 means vector activity on three timeframes 🎯 How to use this indicator in trading This tool is best used as a context filter, not a standalone entry signal. Common use cases: Check if your trade entry is aligned with higher-TF vector pressure Avoid shorting directly into bullish vector zones Confirm whether a pullback happens after a vector impulse Combine with: EMA structure Support & resistance Pullback / rejection setups ⚠️ Important note A vector candle does not guarantee direction. It signals activity and imbalance, not certainty. Always use this indicator: In combination with your trading system With proper risk management As context, not prediction
Pine Script® indicator
by ergunoz
Power Signal v6 by GRAWDAYTRADERPower Signal v6 Description Power Signal Indicator (PSI) is a market strength indicator that combines volume analysis and price proximity to daily highs to generate high-quality trading signals. What the Indicator Does The script calculates a "Power Index" based on two key components: Proximity to High — measures how close the current price is to the previous day's high in percentage terms Relative Volume — compares current volume to the average volume over a selected period (default 20 bars) When price is within 1% of the daily high AND volume exceeds 150% of average, the indicator applies a 1.2 multiplier to the relative volume, creating the "Power Index". When this index crosses a defined threshold (default 150), it generates a PSI! signal with a visual marker on the chart and an audio alert. Visualization Main line displays in a separate pane below the chart Line color: lime (when Power > 100) or gray Horizontal levels: yellow (plot threshold) and red dotted line (signal threshold) Information table in top-right corner shows current values of all components Who Will Find It Useful Day Traders and Scalpers: Identifies moments of heightened market activity with strong volume Helps catch momentum moves on breakouts Generates clear entry signals with customizable alerts Swing Traders: Confirms trend strength through price and volume combination Filters false breakouts — signals only occur with significant volume Shows when price is near important levels with institutional interest Volume Traders: Visualizes abnormal volume activity in the context of price movement Helps identify accumulation/distribution zones Combines price action with volume analysis in one tool Key Benefits: Customizable thresholds for different timeframes and instruments Automatic alerts (audio and visual) Minimalist design with clear signals Works on any market: stocks, crypto, forex, futures The indicator is especially effective on volatile instruments with good liquidity, where volume plays a critical role in confirming price movements.
Pine Script® indicator
by GRAWDAYTRADER
GC High-Prob 3-Touch + RVOLWhen publishing your script to TradingView, the description is your "sales pitch" to the community. TradingView’s moderators and users look for three things: What it does, Why it’s useful, and How to interpret it. Here is a structured, professional description you can copy and paste into the publishing field. Title Suggestion: GC High-Prob Liquidity Zones: 3-Touch + RVOL Surge Description: Overview This indicator is designed specifically for Gold (GC) and other highly liquid futures, focusing on identifying high-probability support and resistance zones. Rather than plotting every minor pivot, this script filters market noise by requiring a "clustering" of price action and institutional volume confirmation. It identifies levels where the price has been rejected at least three times within a narrow range and validates the strength of these zones using Relative Volume (RVOL). Key Features 3-Touch Requirement: The script only plots a zone once it detects 3 separate rejections at a specific price level. This identifies "battlegrounds" where supply and demand are truly established. RVOL Surge Filter: To prevent "lazy" or low-liquidity fake-outs, the zone is only highlighted if the most recent touch occurred with a volume spike (Relative Volume > 1.5x average). Dynamic Price Anchoring: Built using Pine Script v6 force_overlay, these zones are physically anchored to the price candles. They scale and move perfectly with the chart as you zoom or scroll, avoiding the "floating" issues common in standard drawing scripts. Smart Proximity: Includes a proximity filter (default $0.50 for Gold) that groups nearby wicks into a single unified zone of interest. How to Use Identify the Zone: When a Red (Resistance) or Green (Support) box appears with a thick yellow border, it indicates a high-probability institutional level. Wait for the Sweep: Look for price to "hunt" the liquidity inside the box. The Rejection: A successful trade setup often occurs when a candle wicks into the zone but closes back outside of it on high volume. Risk Management: The edges of these boxes provide clear, objective levels for stop-loss placement. Settings Pivot Strength: Adjusts how "significant" a peak must be to be recorded. (10 is recommended for 1m/5m charts). RVOL Threshold: Sets the multiplier for volume spikes. 1.5 means 150% of the recent average volume. Touch Proximity: Defines how close rejections must be to each other to be considered part of the same "cluster."
Pine Script® indicator
by bansheecapital
2
Net Buy Volume [theUltimator5]This indicator tracks cumulative net buy volume using TradingView's footprint data tool. Disclaimer: The volume footprint is a premium tool that is only available to premium subscribers or higher. If you don't have a premium plan, there is a possibility that you won't be able to use this indicator. Three Display Modes: - Volume: Cumulative net buy volume (buy volume - sell volume) - Dollars: Cumulative net buy volume converted to dollar value - Delta: Bar-by-bar difference between buy and sell volume One recommended use case is to move the indicator on top of the chart to visualize real-time divergences between price and buy or sell volume. Price and volume divergence can indicate institutional moves that are hidden underneath the price action. Customizable Price Calculation (for Dollar mode): - Close price - Open price - (Open + Close) / 2 - (High + Low + Open + Close) / 4 - (High + Low) / 2 Visual Design: - Volume mode: Aqua stepline showing cumulative net buying/selling - Dollar mode: Neon pink stepline showing dollar-weighted net volume - Delta mode: Green/red columns showing immediate buy/sell pressure Values are automatically formatted as K (thousands), M (millions), or B (billions) How to Use: 1. Select your preferred data type (Volume, Dollars, or Delta) 2. If using Dollar mode, choose how price should be calculated 3. Watch for trends in cumulative volume to identify sustained buying or selling pressure 4. Use Delta mode to see individual bar pressure in real-time
Pine Script® indicator
by TheUltimator5
2
FXShare HotspotsThe idea is simple: price often tells you something before it turns, not with indicators, but with shape + effort. This script compares: • Candle body size • Wick dominance (rejection) • Relative volume spike When those line up, it marks what I call a Hotspot - a place where price put in effort (volume) but failed to continue in the same direction (small body, long wick). Very often, these areas precede reactions, pauses, or reversals. I intentionally made all the math adjustable: • volume multiplier • body vs wick ratios • minimum wick dominance • optional EMA-based trend filter Nothing is hard-coded, because markets, symbols, and timeframes behave differently. You can tune it for crypto, forex, indices or rip parts of it for your own experiments. There are no zones, no boxes, no clutter, just clean markings where the condition happened, so it’s easy to read and easy to build on. It’s more like a visual highlighter for moments where price/volume behavior becomes interesting.
Pine Script® indicator
by FxShareRobots
2
Gamma Hedging Pressure Gamma Hedging Pressure (Proxy) – Market Maker Gamma Exposure Estimator This open-source, non-overlay indicator provides a **proxy** for dealer/market-maker gamma hedging pressure using only standard OHLCV data — no options chain or implied volatility required. Core Concept In options markets, gamma measures how much delta changes with price movement. When dealers are **net short gamma** (negative gamma), they must hedge aggressively in the direction of the move → this amplifies trends and breakouts. When **net long gamma** (positive gamma), they hedge against the move → this creates mean-reversion and pinning behavior. Because true gamma exposure is hidden (dealer books are private), this script estimates hedging pressure indirectly by combining: - Volatility expansion (normalized range) - Price acceleration (second derivative) - Abnormal volume participation High positive values → likely negative gamma regime (trend acceleration) High negative values → likely positive gamma regime (reversion pressure) Near zero → neutral/chop Why this proxy is useful True gamma dashboards require Level 2 options data and are often delayed or paid. This lightweight version: - Works on any instrument with volume (stocks, futures, forex proxies, crypto) - Updates in real time - Helps traders anticipate whether the current move is likely to accelerate (negative gamma) or fade (positive gamma) - Useful as a regime filter alongside support/resistance, order flow, or momentum tools How It Works – Step by Step 1. Volatility Expansion - Normalized range = (high - low) / ATR(14) 2. Price Acceleration - First difference: close - close - Second difference (acceleration): diff - diff 3. Volume Participation - Normalized volume = volume / SMA(volume, 20) 4. Raw Pressure - rawPressure = normalized range × acceleration × normalized volume 5. Smoothed Gamma Pressure - gammaPressure = EMA(rawPressure, 5) // short smoothing for responsiveness 6. Optional Daily Reset - If enabled, resets to 0 at the start of each new day (useful for intraday) 7. Regime Classification - Negative Gamma (red): gammaPressure > +threshold (default 0.5) → trend/breakout likely - Positive Gamma (green): gammaPressure < -threshold → mean-reversion likely - Neutral (gray): within ±threshold → chop/consolidation Visual Output - Histogram: colored by regime (red = negative gamma / trend accel, green = positive gamma / reversion, gray = neutral) - Zero line reference - Background tint: red/green during strong regimes - Last-bar label: "NEGATIVE GAMMA – Trend / Breakout", "POSITIVE GAMMA – Mean Reversion", or "NEUTRAL" How to Use - Best on intraday timeframes (5m–1h) for futures (NQ, ES, GC), indices, or high-volume stocks - Daily/4h for swing context on liquid names - Interpretation examples: → Red histogram + rising pressure → dealers likely short gamma → expect trend continuation or acceleration → Green histogram + falling pressure → dealers long gamma → expect fading moves, pinning near strikes, or reversion → Gray/neutral → low gamma pressure → range-bound or low-conviction market - Combine with: - Key levels (VWAP, previous highs/lows) - Volume profile or order flow - Options-related news (expiration days, gamma flips) - Threshold tuning: 0.3–0.8 depending on instrument volatility (lower for crypto, higher for forex) Inputs - ATR Length: default 14 - Volume MA Length: default 20 - Gamma Threshold: default 0.5 (sensitivity for regime coloring) - Reset on New Session: true = daily reset (recommended for intraday) Publishing Recommendation - Publish with a clean chart (e.g., 15m–1h NQ1!, ES1!, or SPY) - Show a trending period (red histogram) and a ranging/consolidation period (green/gray) - No extra indicators/drawings needed for basic interpretation This is an **educational proxy** — not a direct measure of actual dealer gamma. It approximates pressure from observable market behavior. Trading involves significant risk of loss. Use discretion and proper risk management. Feedback welcome — especially threshold or smoothing suggestions for different markets!
Pine Script® indicator
by uzair2join
7M Multi-Factor Momentum ScoreboardThe 7M Scoreboard is more than just a collection of indicators; it is a Real-Time Scoring Engine designed for momentum traders and quant-focused analysts. While many scripts simply "mash up" indicators, the 7M Dashboard provides a weighted analytical framework that filters market noise into a single, actionable 7M Score. It evaluates seven distinct dimensions of market health: Price Action, Relative Volume (Time-specific and Daily), Capital Structure (Float), and Multi-timeframe Trend alignment (VWAP, VWMA, MACD). Make sure to enable Extended Trading Hours in the TradingView settings. What makes it original? The core innovation lies in the 7M Scoring & Alerting logic. Instead of a trader manually checking eight different parameters, the script performs a logical "Pass/Fail" assessment on every bar. Dynamic Time-Anchored Change: Unlike standard change percentages, this script allows you to anchor the "Starting Price" to the Pre-market (4:00 AM), Regular Open (9:30 AM), or Post-market (4:00 PM). Relative Volume (RVOL) at Time: It compares the current 5-minute volume not just to recent bars, but to the historical average for that specific time of day, filtering out the standard "lunchtime lull." Capital Structure Integration: It incorporates a "Float" filter, essential for identifying low-float momentum vs. heavy-cap institutional moves. How it works The script calculates a total score out of 9 points based on the following criteria: Momentum: Is price change > X percent from your chosen time anchor? Liquidity: Is the 5-minute volume > X million? Relative Strength: Is Daily RVOL and Time-specific RVOL > X? Trend Alignment: Is price above VWAP and the 20-period VWMA? Momentum Convergence: Is the MACD histogram positive? Volatility Health: Is RSI between 30 and 70 (avoiding extreme over-extension)? Step-by-Step Guide to Use Set your Market Type: Open the settings and choose your Price Change Anchor. Use Pre-Market if you trade the morning "Gap and Go." Use Regular Open if you are a day-trader focused on the 9:30 AM bell. Configure Thresholds: Set your Min % Move (e.g., 1.5%) and Min 5m Vol. Monitor the 7M Score: Look at the bottom row. Score < 5: High-risk, no clear momentum. Score 7+: High-probability "7M Pass" setup. Alerts (Great with TV's Watchlist Alerts) Right-click the chart and "Add Alert." Select the 7M Dashboard and choose the "🚀 7M PASS" condition to be notified the moment a ticker hits your momentum criteria. Recommended Settings for Different Assets Small-Cap Momentum Pre-Market - 4.0% (Change) - 500k (5m Vol) - 50M (Float) Mega-Cap / Tech Regular - 1.0% (Change) - 1.5M (5m Vol) - 30,000M (Float) Crypto Intraday Regular - 2.5% (Change) - 1M (5m Vol) - 10,000M (Foat) Technical Details Pine Script Version: v6 Visuals: Features a high-contrast UI with adaptive text sizing for the final 7M Score. Alerting: Includes an optimized alert() function for real-time momentum detection. Disclaimer The "7M Multi-Factor Momentum Scoreboard" is a technical analysis tool provided for educational and informational purposes only. Nothing contained in this script, its outputs, or the 7M Score constitutes financial, investment, or trading advice. Trading stocks, futures, and cryptocurrencies involves significant risk of loss and is not suitable for every investor. No Guarantees: Past performance as displayed by historical indicators is not indicative of future results. Model Limitations: The 7M Score is based on mathematical calculations of price and volume; it does not account for fundamental news, earnings surprises, or broader macroeconomic shifts. Personal Responsibility: You are solely responsible for your own trading decisions. Always perform your own due diligence and consult with a licensed financial advisor before putting capital at risk.
Pine Script® indicator
by meistermarco
Blockcircle Price Gaps (PG)I got tired of price gap indicators that dump every zone on the chart and leave you to figure out which ones actually matter. I have tried every single one imaginable. Therefore, I built this one to score each gap automatically based on how close it is, how it formed, and whether it aligns with the trend. Instead of cryptic numbers, it just tells you: Strong, Moderate, or Weak, plus how far away it is. You see what matters, skip what doesn't. Hopefully, you find it helpful! If you have other ideas to improve it even further, please let me know, and I can integrate them. WHAT MAKES IT ORIGINAL AND DIFFERENT Standard gap indicators display every detected imbalance with identical visual treatment, leaving traders to manually assess which zones matter. This creates cluttered charts and analysis paralysis. This BLOCKCIRCLE PRICE GAPS (PG) indicator solves that problem with a Relevance Engine that automatically scores each gap from 0 to 100 and translates scores into plain language: Strong, Moderate, or Weak. Each zone displays its strength rating and distance from the current price, so you instantly know which gaps deserve attention and how far the price must travel to reach them. The scoring combines four factors that research shows correlate with zone effectiveness: Proximity: Gaps closer to the current price score higher because nearby zones influence immediate price action more than distant ones. Formation Volume: Gaps created during above-average volume suggest institutional activity rather than random price movement. Impulse Strength: Gaps formed by strong moves (measured against ATR) indicate genuine supply/demand imbalance rather than noise. Trend Alignment: Support gaps in uptrends and resistance gaps in downtrends receive bonus points for trading with momentum. Visual intensity reflects strength automatically. Strong zones appear darker and more prominent. Weak zones fade into the background. You see what matters without decoding numbers. HOW IT WORKS Price Gaps form when aggressive buying or selling creates an imbalance, leaving unfilled space between candles. These zones often act as support (bullish gaps below price) or resistance (bearish gaps above price) when the price returns to them. Detection uses the standard three-candle method: a bullish gap exists when the current low exceeds the high from two bars prior. A bearish gap exists when the current high falls below the low from two bars prior. What makes this implementation different is continuous relevance tracking . Each bar, every gap receives an updated score based on current conditions . As the price moves away, the proximity scores decrease. As gaps age, time decay gradually reduces their overall relevance. When capacity limits are reached, the lowest-scoring gap is removed first, ensuring your chart always shows the most actionable zones. Labels show practical information: Strength rating (Strong, Moderate, or Weak) Zone type (Support or Resistance) Distance from current price with direction (+12% means above, -8% means below) FEATURES Relevance scoring with automatic strength classification Plain-language labels showing strength and distance Color intensity that reflects zone importance Retest detection when price returns to unfilled gaps Proximity filtering to hide distant zones Age filtering to remove stale gaps Size filtering for minimum and maximum gap thresholds Relevance-based capacity management Information panel with zone counts and trend context Multiple label style options HOW THE COMPONENTS WORK TOGETHER The system operates as a filtering pipeline: Size filters remove gaps that are too small (market noise) or too large (extreme events unlikely to fill). The Relevance Engine scores qualifying gaps based on proximity, volume, impulse, and trend. Gaps below the minimum score threshold are hidden. Proximity and age filters remove distant or stale gaps. When at capacity, the lowest-scoring gap is removed to make room for new detections. This layered approach ensures only the most relevant gaps appear on your chart. CONFIGURABLE SETTINGS Display Settings control how many zones appear and how they are displayed. Label Style lets you choose what information displays: Strength plus Distance (default), Strength Only, Distance Only, Score Only, or None. Relevance Engine settings include the master toggle and minimum score threshold. The Scoring Weights section allows advanced users to adjust how much each factor contributes. Filters control size thresholds, maximum distance from price, and maximum age in bars. Retest Alerts notify you when the price returns to an unfilled gap with three sensitivity options. Zone Behavior controls whether filled gaps are removed and what counts as a filled gap. HOW TO USE The default settings work well for most timeframes and markets. Strong zones (shown in brighter colors with yellow text) have multiple factors aligned and deserve the most attention. Moderate zones are worth watching. Weak zones provide context but may not produce reliable reactions. For active trading, focus on Strong and Moderate zones within 10% of the current price. These are the most likely to influence near-term price action. For swing trading, expand the Maximum Distance setting to see zones further from the price that may become relevant as trends develop. When the Retest alert fires, the price is returning to an unfilled gap. Evaluate the zone strength, look for price reaction at the zone boundary, and consider whether the move aligns with the broader trend before trading. The information panel shows: Support: Count of bullish gaps (potential buying zones) Resistance: Count of bearish gaps (potential selling zones) Unfilled: Zones not yet touched by price Avg Strength: Overall quality of visible zones Trend: Current direction based on EMA alignment LIMITATIONS Relevance scoring is probabilistic, not predictive. A Strong gap is more likely to produce a reaction based on historical patterns, but any zone can fail. The trend component uses EMA crossovers (20/50/200), which may lag in choppy markets. Distance calculations update each bar. During volatile moves, labels may briefly show different values as price swings. DEFAULTS These are the defaults, but you would adjust and calibrate it to a specific asset, as needed: Maximum Zones: 12 Label Style: Strength + Distance Minimum Score: 20 Maximum Distance: 25% Maximum Age: 300 bars If you have any questions at all, please ask away!
Pine Script® indicator
by blockcircle
Volume Price TrendThis indicator provides an implementation of the Volume Price Trend (VPT) momentum indicator, enhanced with a built-in divergence detection engine. Key Features: 1. **Full Divergence Suite (Class A, B, C):** The primary feature is the integrated divergence engine. It automatically detects and plots all three major types of divergences: - Regular (A): Signals potential trend reversals. - Hidden (B): Signals potential trend continuations. - Exaggerated (C): Signals weakness at double tops/bottoms. 2. **Divergence Filtering and Visualization:** - **Price Tolerance Filter:** Divergence detection is enhanced with a percentage-based price tolerance (`pivPrcTol`) to filter out insignificant market noise, leading to more robust signals. - **Persistent Visualization:** Divergence markers are plotted for the entire duration of the signal and are visually anchored to the VPT level of the confirming pivot. - **Flexible Pivot Algorithms:** Supports various underlying mathematical models for pivot detection provided by the core library 3. **Note on Confirmation (Lag):** Divergence signals rely on a pivot confirmation method to ensure they do not repaint. - The **Start** of a divergence is only detected *after* the confirming pivot is fully formed (a delay based on `Pivot Right Bars`). - The **End** of a divergence is detected either instantly (if the signal is invalidated by price action) or with a delay (when a new, non-divergent pivot is confirmed). 4. **Multi-Timeframe (MTF) Capability:** - **MTF VPT Line:** The VPT line *itself* can be calculated on a higher timeframe, with standard options to handle gaps (`Fill Gaps`) and prevent repainting (`Wait for...`). - **Limitation:** The Divergence detection engine (`pivDiv`) is **disabled** if a timeframe other than the chart's timeframe is selected. Divergences are only calculated on the active chart timeframe. 5. **Integrated Alerts:** Includes comprehensive alerts that trigger on the *start* and *end* of all divergence types (e.g., "Regular Bullish Started", "Regular Bullish Ended"). --- **DISCLAIMER** 1. **For Informational/Educational Use Only:** This indicator is provided for informational and educational purposes only. It does not constitute financial, investment, or trading advice, nor is it a recommendation to buy or sell any asset. 2. **Use at Your Own Risk:** All trading decisions you make based on the information or signals generated by this indicator are made solely at your own risk. 3. **No Guarantee of Performance:** Past performance is not an indicator of future results. The author makes no guarantee regarding the accuracy of the signals or future profitability. 4. **No Liability:** The author shall not be held liable for any financial losses or damages incurred directly or indirectly from the use of this indicator. 5. **Signals Are Not Recommendations:** The alerts and visual signals (e.g., crossovers) generated by this tool are not direct recommendations to buy or sell. They are technical observations for your own analysis and consideration.
Pine Script® indicator
by AustrianTradingMachine
Whale OBV Hunter [Divergence]ENGLISH: How it works This indicator automatically compares price action against volume flow (OBV). It hunts for "Divergences". Normally, if price drops, OBV should drop. If price drops but OBV rises, it means "Whales" are absorbing the selling pressure (Accumulation). How to use it Buy Signal (Accumulation): Look for Green Lines and the label "Whale Accumulation". Meaning: Price made a lower low, but OBV made a higher low (Bullish Divergence). This is a strong signal for an upward reversal. Action: Look for a LONG entry. Sell Signal (Distribution): Look for Red Lines and the label "Whale Distribution". Meaning: Price is making higher highs, but OBV is dropping (Bearish Divergence). Smart money is leaving. Action: Take profits or look for a SHORT entry. Settings (Lookback): Default is 5. If you see too much noise (too many signals), increase this number to 10 in the settings to spot only major institutional movements.
Pine Script® indicator
by Saletrader1
1
Whale Hunter V121. Overview Whale Hunter V12 is a specialized Pine Script indicator designed for high-precision scalping (1m, 5m timeframes) on Futures and Crypto markets. Unlike standard indicators that lag, V12 focuses on Volume Spread Analysis (VSA) and Order Flow to detect institutional "Whale" activity. Its "Precision Engine" filters out low-volatility churn and fake signals by enforcing strict volatility gates (ATR) and volume thresholds. 2. The Logic: How Scoring Works (0-12 Points) Every candle is analyzed and given a "Confluence Score" from 0 to 12. A signal is only generated if the score meets your minimum threshold (Default: 8). Component Max Points Logic A. Volume Spike 4 pts Measures relative volume vs. 20-period average. • 2.0x Vol = 2 pts • 3.0x Vol = 3 pts • 5.0x Vol = 4 pts (Whale) B. Trend (VWAP) 3 pts Checks alignment with Volume Weighted Average Price. • Buy above VWAP = +3 pts • Sell below VWAP = +3 pts C. Absorption Wick 3 pts Measures the rejection wick vs. candle body. • Wick > 1.5x Body = 1 pt • Wick > 50% Range = 2 pts • Wick > 65% Range = 3 pts (Hammer/Shooting Star) D. CVD Divergence 2 pts Checks if momentum contradicts price. • Price Lows lower + Volume Flow Higher = +2 pts (Bullish Divergence) E. Penalties -3 pts The Fakeout Killer: • Buying on a Red Candle = -3 pts • Selling on a Green Candle = -3 pts 3. Settings & Configuration You can customize the strictness of the engine in the indicator settings menu. A. Signal Precision Minimum Score to Show (Default: 8) 8-12: "Sniper Mode." Shows only high-probability setups trading with the trend (VWAP aligned). 6-7: "Scout Mode." Shows counter-trend reversals and riskier scalps. < 5: Not recommended (Too much noise). Ignore Small Candles (ATR %) (Default: 0.5) The "Churn Filter". It ignores any candle smaller than 50% of the average size. Increase to 0.8 if you are getting too many signals during flat/choppy markets. B. Volume Logic Strict Volume (Default: ON) When checked, the script blocks any signal with less than 2.0x average volume, regardless of the score. This ensures you only trade when Whales are actually present. 4. How to Read the Signals 🟢 Bullish Signal (Buy) Symbol: Green Triangle below the bar. Condition: Score ≥ 8. The Whale absorbed selling pressure (Wick) on high volume, likely creating a "Bear Trap." Ideal Setup: Price is Above the Blue Line (VWAP) + Green Arrow. Stop Loss: Just below the low of the signal candle (the wick). 🔴 Bearish Signal (Sell) Symbol: Red Triangle above the bar. Condition: Score ≥ 8. The Whale absorbed buying pressure (Wick) on high volume, likely creating a "Bull Trap." Ideal Setup: Price is Below the Blue Line (VWAP) + Red Arrow. Stop Loss: Just above the high of the signal candle. 🔵 Blue Line (VWAP) This is your "Trend Anchor." Do not Short if price is significantly above the Blue Line. Do not Long if price is significantly below the Blue Line. 5. Troubleshooting / FAQ Q: Why did a signal disappear? A: The script repaints only during the live candle. Once a candle closes, the signal is permanent. If a signal vanishes before close, it means the volume or price action changed last second (e.g., the candle turned Red, triggering the -3 penalty). Q: Why are there no signals on my chart? A: You are likely in a low-volume period (Lunch hour / Late night). The Strict Volume filter is doing its job by keeping you out of dead markets. Alternatively, lower the Minimum Score to 6. Q: Can I use this on 1-minute timeframes? A: Yes, but increase the ATR Filter to 0.6 or 0.7 to filter out the micro-noise common on 1m charts.
Pine Script® indicator
by zakariya_elalj
NVentures Liquidity Radar ProInstitutional Liquidity Radar Pro OVERVIEW This indicator combines three institutional trading concepts into a unified confluence scoring system: Liquidity Zones (swing-based), Order Blocks, and Fair Value Gaps. The unique value lies not in these individual concepts, but in HOW they interact through the confluence scoring algorithm to filter high-probability zones. HOW THE CONFLUENCE SCORING WORKS The core innovation is the calcConfluence() function that assigns a numerical score to each detected level: 1. Base Score: Every swing pivot starts with score = 1 2. Zone Overlap Detection: The algorithm iterates through all active zones within confDist * ATR proximity. Each overlapping zone adds +1 to the score 3. Order Block Proximity: If an Order Block's midpoint (top + bottom) / 2 falls within the confluence distance, +1 is added 4. HTF Validation: Using request.security(), the indicator fetches higher timeframe swing pivots. If the current zone aligns with an HTF swing within 2 * confDist * ATR_htf, a +2 bonus is awarded Zones scoring 4+ are highlighted as high confluence - these represent areas where multiple institutional concepts converge. HOW LIQUIDITY ZONES ARE CALCULATED Detection: ta.pivothigh() and ta.pivotlow() with configurable lookback (default: 5 bars left/right) Zone Width - Three modes available: - ATR Dynamic: ATR(14) * multiplier (default 0.25) - Fixed %: close * (percentage / 100) - Wick Based: max(upperWick, lowerWick) * 1.5 Proximity Filter: isTooClose() prevents clustering by enforcing minimum ATR * minATRdist between zones HOW ORDER BLOCKS ARE DETECTED The detectBullishOB() / detectBearishOB() functions identify the last opposing candle before an impulse move: 1. Check if candle is opposing direction (bearish before bullish impulse, vice versa) 2. Validate consecutive candles in impulse direction (configurable, default: 3) 3. Volume confirmation: volume >= volMA * volMult (using 50-period SMA) 4. Minimum move validation: abs(close - close ) > ATR This filters out weak OBs and focuses on those with institutional volume footprints. HOW FAIR VALUE GAPS ARE DETECTED FVGs represent price imbalances: - Bullish FVG: low - high > ATR * fvgMinSize - Bearish FVG: low - high > ATR * fvgMinSize The ATR-relative sizing ensures gaps are significant relative to current volatility. HOW SWEEP DETECTION WORKS The checkSweep() function identifies false breakouts through wick analysis: 1. Calculate wick percentage: upperWick / totalRange or lowerWick / totalRange 2. Sweep conditions for resistance: high > zone.upper AND close < zone.price AND wickPct >= threshold 3. Sweep conditions for support: low < zone.lower AND close > zone.price AND wickPct >= threshold A sweep indicates liquidity was grabbed without genuine continuation - often preceding reversals. HOW FRESHNESS DECAY WORKS The calcFreshness() function implements linear decay: freshness = 1.0 - (age / decayBars) freshness = max(freshness, minFresh) This ensures old, tested zones fade visually while fresh zones remain prominent. WHY THESE COMPONENTS WORK TOGETHER The synergy is based on the principle that institutional activity leaves multiple footprints: - Swing Pivots = where retail stops cluster - Order Blocks = where institutions entered - FVGs = where aggressive institutional orders created imbalances - HTF Alignment = where higher timeframe participants are active When these footprints converge at the same price level (high confluence score), the probability of significant price reaction increases. CONFIGURATION - Swing Detection Length: 5-8 for intraday, 8-15 for swing trading - HTF Timeframe: One level above trading TF (e.g., D for H4) - Min Confluence to Display: 2 for comprehensive view, 3-4 for high-probability only - FVGs: Disabled by default for cleaner charts STATISTICS PANEL Displays: Active resistance/support zones, high confluence count, swept zones, active OBs, active FVGs, current ATR, selected HTF. ALERTS - Price approaching high confluence zone - Liquidity sweep detected - Bullish/Bearish Order Block formed - Bullish/Bearish FVG detected TECHNICAL NOTES - Uses User-Defined Types (UDTs) for clean data structure management - Respects Pine Script drawing limits (500 boxes/labels/lines) - All calculations are ATR-normalized for cross-market compatibility
Pine Script® indicator
by NVBIG
MB-MACD## Description **MB-MACD** is a custom Pine Script indicator designed to enhance momentum analysis by combining a volume-based "Main Buy Ratio" (MB) calculation with a traditional MACD oscillator. The MB Ratio estimates institutional buying pressure by apportioning volume based on the candle's range and close position, providing a unique proxy for "smart money" flow. This smoothed MB value is then used as the source for MACD computation, allowing for divergence detection between price action, the MB line, and the MACD Histogram. Key features include: - **MB Line**: A histogram-style plot showing smoothed buy/sell ratio, colored bullishly (teal) or bearishly (pink) based on direction. - **MACD Histogram**: Standard MACD applied to the MB source, with optional smoothing. - **Divergence Detection**: Identifies bullish and bearish divergences on both the MB line and MACD Histogram, with configurable filters for momentum decay and zero-line alignment. - **Visualization Options**: Display divergence lines and labels in the indicator pane or synced as an overlay on the main chart for better context. - **Alerts**: Triggers for bullish or bearish divergences to notify users of potential reversal setups. This indicator is particularly useful for swing traders and momentum followers looking to spot hidden divergences that may signal trend reversals or continuations. It emphasizes risk management by highlighting where price and momentum decouple, but remember: divergences are probabilistic signals and should be confirmed with other tools. As this is a community-shared script, I encourage users to test it thoroughly and provide feedback. If you spot any bugs, calculation errors, or improvements (e.g., edge cases with low-volume symbols or performance issues on certain timeframes), please comment below or reach out—your input helps refine it for everyone! ## User Manual ### Introduction The **MB-MACD** indicator integrates volume analysis with MACD to detect divergences in price and momentum. The core innovation is the "Main Buy Ratio" (MB), which approximates buying vs. selling volume within each bar based on its range and close position. This MB value is smoothed and fed into a MACD calculation, enabling divergence scans on both the MB line and the resulting MACD Histogram. Divergences occur when price makes higher highs/lower lows, but the oscillator (MB or Histogram) fails to confirm—often signaling potential reversals. The script offers flexible display options, filters to reduce false positives, and alerts for real-time notifications. **Important Notes:** - This is not financial advice; use it for educational purposes and backtest on your symbols/timeframes. - Works best on liquid stocks or indices with reliable volume data (e.g., daily or higher timeframes). - Performance may vary on low-volume assets or during after-hours trading. - If you encounter issues (e.g., no divergences detected or rendering errors), check your chart settings and report them in the comments for community debugging. ### Inputs Explanation The inputs are grouped for ease of configuration. Adjust them via the indicator's settings panel in TradingView. #### Core Parameters - **Show MB Line** (Default: True): Enables/disables the MB Ratio histogram plot. - **Show MACD Histogram** (Default: True): Enables/disables the MACD line and histogram plots. - **MB Smoothing (SMA)** (Default: 10, Min: 1): Length for smoothing the raw MB Ratio using a Simple Moving Average (SMA). Higher values reduce noise but may lag. - **Pivot Lookback Length** (Default: 5, Min: 2): Bars to look back/forward for detecting price pivots (highs/lows) used in divergence logic. - **Max Lines Kept** (Default: 100, Min: 10): Limits the number of divergence lines/labels to prevent chart clutter. #### Display Settings - **Show Lines (Indicator Pane)** (Default: True): Draws divergence lines on the MB line in the indicator pane. - **Show Labels (Indicator Pane)** (Default: True): Adds labels (e.g., "L" for line divergence) at divergence points in the pane. - **Show Hist Divergence Lines** (Default: True): Draws dashed lines for MACD Histogram divergences in the pane. - **Show Hist Divergence Labels** (Default: True): Adds labels (e.g., "H" for histogram divergence) in the pane. - **Sync Lines to Main Chart (Overlay)** (Default: True): Mirrors divergence lines and labels onto the main price chart for context (slightly offset for visibility). #### Filters & Tolerance - **Peak Alignment Tolerance (Bars)** (Default: 5, Min: 0): Allows flexibility in matching oscillator peaks/valleys to price pivots (e.g., within ±5 bars). - **Max Divergence Distance (Bars)** (Default: 20, Min: 5): Maximum bars between two pivots for a valid divergence; prevents detecting overly distant signals. - **Enable Momentum Decay Filter** (Default: True): For Histogram divergences, requires the current peak/valley to have a smaller absolute value than the previous (indicating convergence/decay). - **Enable Zero-Side Filter** (Default: False): Ensures both peaks/valleys in a divergence are on the same side of the zero line (e.g., both positive or both negative). #### MACD Settings - **MACD Fast Length** (Default: 12): Fast EMA length for MACD. - **MACD Slow Length** (Default: 26): Slow EMA length for MACD. - **MACD Signal Length** (Default: 9): Smoothing length for the MACD signal line. - **MACD Source Smoothing** (Default: 3, Min: 1): Additional SMA smoothing applied to the MB Ratio before MACD calculation. ### How It Works 1. **MB Ratio Calculation**: For each bar, the script computes the position of the close within the high-low range (0-1). This scales the volume into "buy" and "sell" portions, then derives a net ratio (-100% to +100%). It's smoothed via SMA for the final MB line. 2. **MACD Application**: The (optionally smoothed) raw MB is used as the MACD source, producing a MACD line, signal line, and histogram. 3. **Pivot Detection**: Uses Pine's `ta.pivothigh`/`ta.pivotlow` to find price highs/lows over the lookback period. 4. **Divergence Scanning**: - **Bearish (on Highs)**: Price makes a higher high, but MB/Hist makes a lower high. - **Bullish (on Lows)**: Price makes a lower low, but MB/Hist makes a higher low (closer to zero). - Scans nearby bars for oscillator matches and applies filters. 5. **Rendering**: Lines/labels are drawn in the indicator pane or overlaid on the chart. Colors: Teal for bullish, Pink/Maroon for bearish. 6. **Cleanup**: Automatically removes old lines/labels to stay under the max limit. ### Interpreting the Outputs - **MB Line (Columns)**: Positive (teal) indicates net buying pressure; negative (pink) shows selling. Watch for crossovers above/below zero as momentum shifts. - **MACD Histogram (Area)**: Green/teal for positive momentum; red/maroon for negative. Widening bars suggest strengthening trends; narrowing indicates weakening. - **Divergence Lines/Labels**: - Solid lines: MB line divergences (thicker, labeled "L"). - Dashed lines: Histogram divergences (thinner, labeled "H"). - Bullish: Teal lines sloping up (potential bottom reversal). - Bearish: Pink lines sloping down (potential top reversal). - **Overlay on Chart**: Lines connect price pivots (or offset slightly for Histogram). Use this to visualize how divergences align with candlesticks. - **Zero Line**: Gray horizontal line; divergences filtered by side if enabled. **Example Usage**: - On a daily stock chart, enable overlays and watch for a bullish "L" or "H" label near a price low—could signal a buy if confirmed by volume breakout. - In a downtrend, bearish divergences on highs might warn of further downside. ### Alerts - **Bullish Divergence (L or H)**: Triggers on any detected bullish divergence (MB or Histogram). - **Bearish Divergence (L or H)**: Triggers on bearish divergences. - Set up via TradingView's alert menu: Select the indicator, choose the condition, and customize the message (e.g., includes ticker). ### Troubleshooting / Known Issues - **No Divergences Shown**: Increase "Peak Alignment Tolerance" or reduce filters. Ensure pivot length suits your timeframe (shorter for intraday). - **Too Many Lines/Labels**: Lower "Max Lines Kept" or increase "Max Divergence Distance" to filter distant signals. - **Performance on Low-Volume Symbols**: MB Ratio may be unreliable; test on high-volume assets first. - **Rendering Errors**: If lines don't appear, check chart zoom or ensure "force_overlay=true" isn't conflicting with other indicators. - **NaN/Undefined Values**: Rare on live data but possible in historical backtests; report with symbol/timeframe for fixes. ### Feedback and Contributions This script is open for community improvement! If you find bugs (e.g., false positives in divergences, calculation edge cases, or UI glitches), or have suggestions (like additional filters or visualizations), please share in the comments. Your feedback helps make it better—let's debug and enhance it together!
Pine Script® indicator
by Kuokkuok0503
Multi-VWAP Pro (HP) + Alerts - par alphaomega18Multi-VWAP Pro High-Precision (D/W/M) – by alphaomega18 🚀 Overview Elevate your institutional analysis with the Multi-VWAP Pro High-Precision, a comprehensive tool designed for traders who demand surgical accuracy. Most standard VWAP indicators lag or shift when changing timeframes. This script solves that by using a 1-minute data polling engine (request.security), ensuring your Daily, Weekly, and Monthly levels remain rock-solid and accurate, whether you are on a 1m, 15m, or 1h chart. 💎 Key Features High-Precision Engine: Calculation based on 1-minute intraday data for maximum mathematical accuracy. Multi-Timeframe Anchors: View Daily, Weekly, and Monthly VWAPs simultaneously. Dynamic Color Logic: The Daily VWAP turns Green when the price is above and Red when below for instant trend bias. Triple SD Bands: 3 fully customizable Standard Deviation bands for each timeframe to identify exhaustion zones. Smart Alerts: Fully programmable notifications for price crosses on all levels. Clean Labels: Real-time labels on the price scale for a professional, organized look. 📈 Trading Strategy: The Power of Confluence Using three different VWAP anchors allows you to see the market through multiple lenses. Here is how to use this tool: 1. The Institutional Confluence The strongest setups occur when two or more VWAP lines overlap. The Setup: If the Daily VWAP clusters with the Weekly VWAP, it creates a "Hard Floor/Ceiling." The Trade: Look for high-probability bounces in these zones where institutions defend their average price. 2. Mean Reversion with SD3 Bands The 3rd Standard Deviation (SD3) represents price extremes. The Trade: When price pierces a Daily SD3, look for a reversal back toward the VWAP (Mean Reversion), especially if it aligns with a Weekly or Monthly SD2 band. 3. Trend Confirmation Bullish Bias: If the Daily VWAP is Green, prioritize "Buy the Dip" on lower SD bands. Bearish Bias: If the Daily VWAP is Red, prioritize "Sell the Rip" on upper SD bands. 💡 Pro Tip for my Followers "Alignment is king. When the Daily, Weekly, and Monthly VWAPs all slope in the same direction, you have a high-conviction trend. Follow me for more high-precision tools and market insights!" 🛠 Settings & Customization Visibility: Toggle any VWAP or SD band on/off. Full Color Control: Pick your own colors for Weekly and Monthly lines. Adjustable Multipliers: Fine-tune the volatility bands (SD1, SD2, SD3) for any asset.
Pine Script® indicator
by Alphaomega18
Blockcircle FTR - Follow Through ReversalWHAT THIS INDICATOR DOES Blockcircle FTR identifies failed directional moves followed by quality reversals. The indicator tracks structural pivot levels, monitors price interactions with those levels, and validates reversal sequences against a configurable threshold. A trend filter provides macro context so you can evaluate whether signals align with or oppose the broader direction. KEY FEATURES Reversal quality filtering via delivery threshold requirement Sweep confirmation when reversals follow liquidity grabs at structural levels ATR-adaptive origin zones marking reversal starting points Trend alignment indicator comparing signal bias to moving average direction Volume validation filter for participation confirmation Real-time dashboard with signal statistics and alignment status DETAILED BREAKDOWN Structural Level Tracking The indicator identifies pivot highs and lows based on the Structure Lookback parameter. These pivots serve as reference levels where liquidity typically accumulates. Levels remain active until price interacts with them or they exceed the Level Lifespan setting. When the price reaches a structural level, this interaction is logged. If a reversal then forms in the opposite direction within the Sweep Window, the signal qualifies as sweep-confirmed, indicating that stops were likely triggered before the move reversed. FTR Detection Logic The core detection looks for a specific sequence: a directional attempt that fails to follow through, followed by a counter-move that meets the Delivery Threshold ratio. This ratio measures the quality of the reversal relative to the failed move's structure. Higher threshold values (closer to 1.0) require cleaner, more convincing reversals. Lower values (closer to 0.1) allow weaker setups through. The default of 0.7 provides reasonable filtering without being overly restrictive. Trend Context Filter A moving average (EMA or SMA, configurable period) provides simple trend context. The dashboard displays three related metrics: Trend: Current price position relative to the MA (Bullish/Bearish) FTR Bias: Direction of the most recent confirmed signal (Long/Short) Aligned: Whether these two readings match (Yes/No) This helps identify situations where the FTR bias has become stale or is positioned against the prevailing trend. Signal Classification Standard signals appear as small triangles and represent FTR patterns that passed the delivery threshold and any active filters. Sweep-confirmed signals appear with an "S" label and represent the subset of signals where price swept a structural level shortly before the reversal formed. These carry higher conviction due to the additional liquidity context. Dashboard Metrics The information panel provides: Current trend direction and FTR bias Alignment status between the two Bars elapsed since the last signal Running totals for long and short signals Sweep-confirmed counts in parentheses Volume filter status Configuration Parameters Structure Lookback: Bars used for pivot detection. Higher values capture more significant swings. Delivery Threshold: Minimum ratio for valid reversals. Range 0.1 to 1.0. Level Lifespan: The maximum bars a structural level remains active. Sweep Window: Lookback period for sweep confirmation. Trend MA Period: Moving average length for trend context. Volume Spike Multiple: Required volume ratio when volume filter is active. Zone Depth: Origin zone width as ATR multiple. Practical Application Sweep-confirmed signals with trend alignment represent the highest-conviction setups. These combine a quality reversal pattern, liquidity sweep context, and trend support. Standard signals without sweep confirmation remain valid FTR patterns but warrant additional discretion. Counter-trend signals (Aligned showing NO) can still produce valid moves, but historically carry lower probability. Consider position sizing adjustments accordingly. Origin zones serve as potential support/resistance areas for subsequent price returns. Important Limitations The indicator may remain biased in the wrong direction during extended trends if no qualifying reversal pattern forms. The trend filter helps identify these situations, but does not automatically override the FTR bias. Signal counts are calculated on visible chart history and will vary based on the loaded timeframe and bar count. As with any technical tool, signals should be evaluated within the broader market context rather than traded mechanically. Hope you find it useful! If you have any questions, please don't hesitate to ask them!
Pine Script® indicator
by blockcircle
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