Trend Follower With Help of Donchian Channels - TFWHDCThis is a simple Day Trade indicator, but can be used for swing and long term trades.
It is based on Donchian Channels to detect trend and point out resistance or support breakouts using arrows.
The bars ared colored when a breakout occurs. When a resistance breakout occurs the current and the next bars are colored green (default) and when a support breakout occurs the current and the next bars are colored red (default). This way this indicator can show if its an uptrend or a downtrend.
I hope this indicator will be useful for many traders!
Thank you!
Search in scripts for "breakout"
Weekly IR Breakout SignalsInspired by XO (@Trader_XO) on CT for his trading strategy
and special thanks to REBO (@@R3BOOO) for putting it together in a cheat sheet and sharing it
contact me on X: @neuromancer0x
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Timeframe Recommendations:
1H chart - Day trading (5-10 signals/month)
4H chart - Swing trading (2-5 signals/month) ⭐ Best
Daily chart - Position trading (1-2 signals/month)
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When Signals Appear:
Monday: No signals (just setting up IR)
Tuesday-Friday: Watch for breakouts
Max 1 LONG + 1 SHORT per week (indicator enforces this)
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Risk Management:
Risk 0.5-1% per trade
Never risk more than 2% in one day
If 2 losses in a row → reduce size or pause
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🔔 Setting Up Alerts
Click "Create Alert" (⏰ icon)
Condition: Select "🟢 LONG Entry" or "🔴 SHORT Entry"
Alert name: "Weekly IR Signal"
Set to: "Once Per Bar Close"
Send to: Phone/Email/App
Larry Williams Qualified Trend Break Signals [tradeviZion]Larry Williams Qualified Trend Break Signals - Description
📖 Introduction
Welcome to the Larry Williams Qualified Trend Break Signals indicator. This description explains how the indicator works, its settings, and how to use it.
This indicator demonstrates Larry Williams' Qualified Trend Line Break technique - his preferred method for timing precise entries on daily charts when you already have a confirmed market setup.
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🎯 About This Script
This indicator implements the Qualified Trend Line Break system - an entry technique that qualifies trend line breaks for better timing.
Important: This is NOT a signal generator. It's an entry timing tool for traders who already have a market setup and confirmation. Use it only after establishing weekly bias and daily confirmation.
Why We Made This Indicator:
This indicator demonstrates Larry Williams' favorite entry technique for daily timeframe trading. It's designed to be used as part of his complete methodology:
How To Use It Properly:
First, establish your setup: Check weekly chart for overall market bias (bullish/bearish)
Then confirm on daily: Look for confirmation signals on daily timeframe
Finally, use trend breaks: Enter trades only when trend breaks align with your setup direction
Important Warning: This is NOT a standalone buy/sell signal indicator. Using trend breaks without proper setup and confirmation will likely produce poor results. It's a timing tool for entries, not a signal generator.
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About The Qualification Rules
The system improves on qualification methodology with these key changes:
For BUY signals (breaking above downtrend lines):
Break is usually bad if previous bar closed higher
But can still be good if:
Previous bar was inside the prior bar AND that prior bar closed lower
Price gaps above trend line and moves up at least one tick
Previous bar closed below its own opening price
For SELL signals (breaking below uptrend lines):
Break is usually bad if previous bar closed lower
But can still be good if:
Previous bar was inside the prior bar AND that prior bar closed higher
Price gaps below trend line and moves down at least one tick
Previous bar closed above its own opening price
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📐 How The Qualification System Works
The trend break system is based on qualification methodology as developed by Larry Williams . It solves the problem where trend line breaks often fail and price goes back.
Trend Line Setup:
For BUY signals: Connect the two most recent declining swing highs to make a downtrend line
For SELL signals: Connect the two most recent rising swing lows to make an uptrend line
Inside Bar Rule:
A key principle: Trend breaks that occur on inside bars are completely ignored. The system only evaluates breaks that occur on regular bars, making signals more reliable.
How It Works In The Code
The indicator follows these steps:
Finds swing points: Identifies highs and lows in the price action
Draws trend lines: Connects 2 recent swing points to make trend lines
Checks inside bars: Ignores breaks that happen on inside bars
Qualifies signals: Uses the rules to check if breaks are good or bad
Shows signals: Only displays qualified BUY/SELL signals
Optional feature: Can show disqualified signals
⚙️ Settings
The indicator has 3 groups of settings to customize how it works.
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📊 Signal Settings
Show Signals
Default: ON
ON: Displays green/red labels when trend breaks qualify for entry
OFF: Hides entry labels (trend lines still show for analysis)
Remember: These are entry TIMING signals, not standalone buy/sell signals
Signal Selection
Default: Both | Options: Buy Only, Sell Only, Both
Buy Only: Shows only BUY signals
Sell Only: Shows only SELL signals
Both: Shows both BUY and SELL signals
Break Validation
Default: Close | Options: Break Level, Close
Break Level: Signal when price touches the trend line (more signals)
Close: Signal when bar closes beyond trend line (fewer signals)
Tip: Try "Close" first for better signals
Show Disqualified
Default: OFF | Options: ON/OFF
What it does: Shows bad breaks
ON: Shows gray ❌ labels with explanations
OFF: Hides bad signals
👁️ Display Settings
Show Trend Lines
Default: ON
What it does: Shows trend lines on the chart
Looks like: Dashed blue lines connecting swing points
Goes to: Extends into future bars
Why: Shows where breakouts are expected
Show Swing Points
Default: ON
What it does: Marks highs/lows used for trend lines
Looks like: Shape markers at swing locations
Shows: How trend lines are constructed
Marker Style
Default: Circle | Options: Circle, Triangle, Square, Diamond, Cross
What it does: Choose shape for swing markers
Options: Circle, Triangle, Square, Diamond, Cross
Best choice: Circle is clear without being busy
Marker Size
Default: 3 | Range: 1-10
What it does: Controls marker size
Range: 1 (tiny) to 10 (large)
Show Inside Bars
Default: ON
What it does: Highlights inside bars
Looks like: Light orange background on inside bars
Note: These bars are ignored for break qualification
Important: Inside bars are ignored for break qualification
🎨 Colors
Signal Colors
Buy Signal (Default: Green) - Color for good BUY signals
Sell Signal (Default: Red) - Color for good SELL signals
Disqualified (Default: Gray) - Color for bad signals
Display Colors
Trend Line (Default: Blue) - Color for trend lines and markers
Inside Bar (Default: Light Orange) - Background for inside bars
💡 How To Use It In Larry Williams Methodology
Step 1 - Weekly Setup: Identify market bias on weekly chart (clear bullish/bearish trend)
Step 2 - Daily Confirmation: Find confirmation signals on daily timeframe
Step 3 - Trend Break Entry: Use qualified trend breaks only in setup direction
Important: Never enter based on trend breaks alone - always require setup + confirmation first
⚠️ Important Notice
This indicator implements Larry Williams' trend break entry technique. It should NOT be used as standalone buy/sell signals. Only use trend breaks for entry timing after you have established a proper market setup and confirmation. Poor results will occur if using signals without the complete Larry Williams methodology.
Credits: Based on Larry Williams' trading approach and qualification methodology. Swing detection logic adapted from "Larry Williams: Market Structure" by Smollet.
Unreached Highs/Lows Oscillator [LuxAlgo]The Unreached Highs/Lows Oscillator highlights the amount of unreached high/low prices as a percentage over time, helping visualize trend strength and momentum from bullish and bearish market participants.
🔶 USAGE
This indicator measures the strength of directional price movements, helping traders visualize the strength of both the bullish and bearish market participants.
When prices are moving up with strength, the price structure will not come back to retest previous lows. Therefore, unreached lows keep adding up.
When prices are moving down with strength, they will not retest previous highs; therefore, unreached highs keep adding up.
As we can see on the chart, high readings of unreached highs (red) and low readings of unreached lows (green) are considered bearish, and a downtrend in price confirms this bias. Conversely, high readings of unreached lows and low readings of unreached highs are considered bullish. On the chart, this is reflected as an uptrend.
Additionally, the oscillator can reveal significant breakouts on the chart, with unreached highs or lows decreasing rapidly indicating that a large number of highs/lows have been reached.
Due to the oscillator being normalized, overbought and oversold levels are included.
In this gold chart, we have different examples of how to use the tool in conjunction with price behavior to understand the market. Let's dissect it step by step:
1. Uptrend: Bullish readings are above 80, and bearish readings are below 20. The market is trending up.
2. Range: Mixed readings around 50 for both bullish and bearish; the market is ranging.
3. Uptrend: The same as before. Bullish above 80 and bearish below 20.
4. Pullback: A bullish dip below 80 to 50 and a bearish reading below 20 indicates a pullback.
5. Range: Mixed readings. In this case, it is bullish above and below 80 and bearish above and below 20. The market is ranging.
6. Uptrend: Bullish above 80 and bearish below 20; the market keeps moving up.
7. Pullback: Bullish dips below 80 and bearish rises to 50 indicate a pullback.
8. Uptrend: As before, bullish is above 80 and bearish is below 20; the market is trending up.
This Bitcoin chart shows how to use extreme readings of 0 and 100 to detect potential reversals. When both readings are at extreme opposites, we set the threshold level at 100 and 0 instead of the default levels of 80 and 20 to better identify these areas.
As we can see, extreme readings at points 1 and 5 identify major reversals that lead to a change in trend. Extreme readings at points 2, 3, 4, and 6 identify minor reversals that do not lead to a change in trend.
From the settings panel, traders can adjust the length parameter. A smaller value measures smaller price movements, while a larger value measures larger price movements. A length value of 20 is used by default.
The chart shows how different values affect bullish and bearish measures.
🔶 SETTINGS
Length: Select the maximum number of highs and lows to be used.
🔹 Style
Bullish: Select a color for unreached lows.
Bearish: Select a color for unreached highs.
Top Threshold: Select the top threshold level and color. Enable the Auto feature to choose the default color.
Bottom Threshold: Select the bottom threshold level and color. Enable the Auto feature to choose the default color.
MAD Supertrend [Alpha Extract]A sophisticated SuperTrend implementation that replaces traditional ATR calculations with Mean Absolute Deviation methodology for adaptive volatility measurement and band construction. Utilizing SMA baseline with MAD-based deviation bands and optional adaptive factor adjustments, this indicator delivers institutional-grade trend detection with strength-based filtering and dynamic visual feedback. The system's MAD approach provides superior noise reduction compared to ATR while maintaining responsiveness to genuine volatility changes, combined with momentum-based strength calculations for high-conviction signal generation.
🔶 Advanced MAD-Based Band Construction
Implements Mean Absolute Deviation calculation as volatility proxy, measuring absolute price deviations from mean and smoothing for stable band generation without ATR dependency. The system calculates SMA baseline, computes MAD from configurable lookback period, applies factor multipliers to create upper and lower bands, then implements classic SuperTrend ratcheting logic where bands only adjust when price violates previous levels or calculations warrant updates.
// Core MAD SuperTrend Framework
SMA_Value = ta.sma(src, SMA_Length)
Mean = ta.sma(src, MAD_Length)
Abs_Deviation = abs(src - Mean)
MAD_Value = ta.sma(Abs_Deviation, MAD_Length)
// Band Construction with Ratcheting
Upper_Band = SMA_Value + MAD_Factor * MAD_Value
Lower_Band = SMA_Value - MAD_Factor * MAD_Value
// Ratcheting logic prevents premature band adjustments
🔶 Adaptive Factor Adjustment Engine
Features optional adaptive multiplier system that modulates MAD factor based on normalized MAD magnitude relative to recent extremes, creating bands that automatically expand during high-volatility regimes and contract during consolidation. The system applies min-max normalization to MAD values over configurable lookback, multiplies by adaptation parameter, and adds to base factor for dynamic volatility sensitivity without manual recalibration.
🔶 Momentum-Based Strength Filter
Implements sophisticated strength calculation measuring price momentum relative to baseline divided by volatility-adjusted MAD bands, producing normalized 0-1 strength scores with exponential smoothing. The system calculates distance from SMA baseline, normalizes by MAD-derived band width, and applies configurable minimum threshold requiring sufficient momentum before trend signals activate, filtering weak or choppy market conditions.
🔶 SuperTrend Direction Logic
Utilizes classic SuperTrend methodology adapted for MAD bands where trend direction flips on opposite band violations with state persistence until confirmation. The system tracks whether price closes above upper band (bearish flip to bullish) or below lower band (bullish flip to bearish), maintains directional state until opposing violation occurs, and generates binary +1/-1 trend signals suitable for systematic position management.
🔶 Intelligent Candle Sticking System
Provides advanced line positioning option that anchors SuperTrend line to candle wicks or bodies rather than pure calculation values for enhanced visual clarity. The system supports two modes: Wick (positions at high/low extremes based on trend direction) and Body (constrains line between calculation and candle extremes), creating cleaner chart presentation while maintaining mathematical integrity of underlying signals.
🔶 Dynamic Gradient Visualization Framework
Implements color intensity modulation based on smoothed strength calculations, transitioning from muted to vivid hues as momentum conviction increases. The system applies gradient interpolation using strength ratio, creating visual feedback where strong trending moves display intense colors while weak or consolidating conditions show faded tones across trend line, channel bands, and candle coloring for immediate regime assessment.
🔶 MAD Channel Architecture
Features volatility-adjusted channel bands centered on baseline or candle-stuck line with configurable multiplier for support/resistance visualization. The system calculates upper and lower bounds using MAD values scaled by adaptive factors and channel multipliers, applies dynamic transparency based on trend strength, and creates filled regions that intensify during strong trends and fade during weak conditions.
🔶 Multi-Layer Glow Effect System
Provides sophisticated line rendering with triple-layer plot system creating glow effect through progressively wider and more transparent outer layers. The system plots core trend line at specified width with full color intensity, adds inner glow layer at +2 width with moderate transparency, and outer glow at +4 width with higher transparency, creating visual depth and emphasis without cluttering chart space.
🔶 Strength-Based State Management
Implements intelligent trend state logic requiring both directional signal and minimum strength threshold breach before confirming trend transitions. The system calculates raw SuperTrend direction, evaluates smoothed strength against configurable minimum, generates filtered trend state that can be bullish (+1), bearish (-1), or neutral (0), and maintains state persistence using hold logic that prevents oscillation during ambiguous conditions.
🔶 Comprehensive Alert Integration
Generates trend flip alerts when filtered state transitions from bearish to bullish or bullish to bearish with full confirmation requirements satisfied. The system detects state changes through comparison with previous bar, triggers single alert per transition rather than continuous notifications, and provides customizable message templates for automated trading system integration or manual notification preferences.
🔶 Performance Optimization Architecture
Utilizes efficient calculation methods with null value handling, nz() functions preventing errors during initialization bars, and optimized gradient calculations. The system includes intelligent state persistence minimizing recalculation overhead, streamlined MAD computation avoiding redundant mean calculations, and smooth visual updates maintaining consistent performance across extended historical periods.
This indicator delivers sophisticated SuperTrend analysis through Mean Absolute Deviation methodology providing superior statistical properties compared to traditional ATR-based approaches. MAD calculations offer more robust volatility measurement resistant to extreme outliers while maintaining sensitivity to genuine market regime changes. The system's adaptive factor adjustment, momentum-based strength filtering, and dynamic visual feedback make it essential for traders seeking reliable trend-following signals with reduced false breakouts during choppy conditions. The combination of MAD bands, candle-sticking options, gradient strength visualization, and comprehensive filtering creates institutional-grade trend detection suitable for systematic approaches across cryptocurrency, forex, and equity markets with clear entry/exit signals and comprehensive alert capabilities.
Multiple Daily Breakouts (Close Only)Pine Script strategy builds the high and low of the first four hours of the New York session (9:00 AM–1:00 PM ET), locks that range after the 1:00 PM candle closes, and then trades breakouts based strictly on candle closes (wicks ignored). The strategy allows multiple breakouts per day, entering long when price closes above the NY range and short when it closes below, with configurable position sizing and risk-reward targets; stops can be set at the opposite side of the range or dynamically calculated. It works both for historical backtesting in the Strategy Tester and for live trading/alerts, making it suitable for intraday markets on lower timeframes such as 5- to 15-minute charts.
Update: removed continuous lines between bars
Update: added h/l lines
Update: renamed
AlphaStrike: Zen ModeDescription:
1. The Philosophy: Reducing Cognitive Load Modern charts are often cluttered with dozens of noisy lines (Bollinger Bands, Moving Averages, Oscillators) that lead to "Analysis Paralysis." This script is designed with a "Zen" philosophy: P rocess the complexity in the background, but display only the decision.
This is not a simple indicator overlay. It is a Risk-Based Trading Engine that runs multiple validation checks (Momentum, Volatility, and Price Action) simultaneously but hides the underlying calculations to keep the chart clean. It focuses the trader's attention on the two things that matter most: Trend Direction and Position Sizing.
2. The "Invisible" Technical Engine The script operates on a Dual-State Logic system that adapts to market conditions. It uses standard indicators as filters, not just visuals.
A. Trend State (The Backbone) The script calculates a volatility-adjusted Trend Baseline (SuperTrend).
Green State: The market is in a markup phase. The script looks for continuation.
Red State: The market is in a markdown phase. The script looks for defense.
B. The "Confluence" Reversal Logic Instead of cluttering the screen with Bollinger Bands and RSI windows, the script performs these checks internally:
Condition 1 (Volatility): Is price extending beyond the 2.0 Standard Deviation (Bollinger Lower/Upper)?
Condition 2 (Momentum): Is RSI overextended (<35 or >65)?
Condition 3 (Price Action): Is there a specific Pin Bar candle pattern (Long wick rejection)?
Result: Only when all three conditions align does the script print a "Reversal Circle." This filters out weak signals that usually occur in strong trends.
3. The Risk Management Calculator (Key Feature) Most traders fail not because of bad entries, but because of inconsistent sizing. This script features a built-in Dynamic Position Sizing Dashboard located in the bottom right.
Adaptive Stop Loss:
In a Trend: The Stop Loss is automatically set to the Trend Line (SuperTrend).
In a Reversal: The script internally scans for the nearest Swing Low/High (using hidden Pivot calculations) and sets the Stop Loss there.
Position Sizing Math: The dashboard reads your Account Size and Risk % inputs. It instantly calculates the "Max Size" (contract/share amount) allowed for the current trade.
Formula: Position Size = (Account Value * Risk %) / Distance to Stop.
Benefit: This ensures you risk the exact same dollar amount on every trade, whether the stop loss is 1% away or 10% away.
4. How to Read the Signals
Triangles (Breakouts): These represent a shift in the dominant trend direction.
Green Triangle: Bullish Trend Start.
Red Triangle: Bearish Trend Start.
Circles (Mean Reversion): These are high-probability counter-trend plays.
Blue Circle: Buy Reversal (Oversold + Pinbar + Bollinger Support).
Orange Circle: Sell Reversal (Overbought + Pinbar + Bollinger Resistance).
5. Settings
Trend Settings: Adjust the ATR Period and Factor to change the sensitivity of the trend line.
Reversal Settings: Tweak the RSI and Bollinger thresholds to filter out more/less signals.
Risk Management: Input your total Account Size and desired Risk Per Trade (e.g., 1%) to calibrate the Dashboard.
Disclaimer This tool provides algorithmic analysis and risk calculations. It does not guarantee profits or provide financial advice. Always verify position sizes before executing.
Volume Edge Pro[wjdtks255]Volume Edge Pro: Indicator Description
Volume Edge Pro is an advanced volume analysis tool designed to identify institutional accumulation and significant supply levels. Unlike standard volume bars, this indicator categorizes trading volume into four distinct types based on price action and historical comparisons, helping traders spot high-probability breakout opportunities.
Key Components:
Blue Bars (PPV - Pocket Pivot Volume): Indicates institutional accumulation. It appears when up-day volume exceeds the highest down-day volume of the last 10 trading sessions.
Green Bars (RGV - Recent Green Volume): Represents strong buying pressure where up-day volume is higher than the 50-period moving average.
Red Bars (RRV - Recent Red Volume): Signifies heavy supply or selling pressure where down-day volume is higher than the 50-period moving average.
Grey Bars: Represents standard market volume without significant institutional involvement.
Trading Strategy (How to Trade)
1. Identifying Accumulation (The Base)
Look for multiple Blue Bars (PPV) during a consolidation phase or within a "base." This suggests that "Smart Money" is quietly accumulating shares without significantly driving up the price yet.
2. The Buy Signal
The ideal entry point is when the price breaks out of a consolidation resistance level, especially when the breakout is confirmed by a Blue (PPV) or Green (RGV) bar. The presence of PPV signals within the base increases the reliability of the breakout.
3. Overcoming Supply (The RRV Rule)
When a Red Bar (RRV) appears, it marks a level of "unconsumed supply."
Treat the high of the RRV candle as a resistance level.
A bullish reversal or continuation is confirmed only when the price reclaims the high of the RRV day or when subsequent PPVs/RGVs overwhelm the previous selling volume.
4. Risk Management
If a massive Red Bar (RRV) appears after a long uptrend and the price breaks below the prior support, it may indicate institutional distribution (selling), signaling a time to exit or tighten stop-losses.
M5 Candle Follow Breakout - Teknik Gold Fanatic V2 This technique is entirely the property of Prof Sastra Gold Fanatic.
This technique uses a strategy of following breakouts from the first M5 of each hour.
1M XAU Cumulative Delta Volume with OB Breakouts
### Overview
This is a **session-based CVD strategy** built around the **00:00–07:00 CEST range**. It finds the high/low of that session, turns them into **adaptive ATR-based support (yellow)** and **resistance (purple)** zones, and trades only **CVD-confirmed reversals** off those levels.
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### How it Works
* For each day, the script:
* Builds a 00:00–07:00 CEST **profile high/low**.
* Creates a **support zone** around the session low and a **resistance zone** around the session high.
* Using lower timeframe data, it reconstructs **Cumulative Volume Delta (CVD)** and a **recent delta** filter.
* It arms “pending” states when price **enters a zone from the correct side**, then confirms:
* **BUY (long):** price reclaims above support and recent CVD is strongly positive.
* **SELL (short):** price rejects below resistance and recent CVD is strongly negative.
Only these two CVD signals (`buySignal` / `sellSignal`) open trades.
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### Strategy Logic
* **Entries**
* `buySignal` → open **long** (if flat).
* `sellSignal` → open **short** (if flat).
* No pyramiding; one position at a time.
* **Exits (only TP & SL)**
* Long: TP at `avg_price * (0.5 + TP%)`, SL at `avg_price * (1 – SL%)`.
* Short: TP at `avg_price * (0.5 – TP%)`, SL at `avg_price * (1 + SL%)`.
* No opposite-signal exits.
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### Extras
* **Reversal markers** on yellow/purple zones and **breakout/retest markers** are plotted for context and alerts but **do not trigger entries**.
* Zone width and “thickening” are ATR-based so important touches and near-touches are easy to see.
* Only suited for **1m intraday scalping** (e.g. XAU/USD), but can be tested on other markets/timeframes.
Minervini breakout - AndurilThis indicator checks the Mark Minerivini trend template as well checks consolidation areas and breakout.
Checks the highest closing price of last x days (default 20 days), exluding current day and draws a white dashed line, Calculates the relative volume of the current day. Calculates EMA 21, EMA50 and EMA200 and draws on the graph to define trend.
Gives a buy signal in green (writing relative strength of that day inside of green arrow) if:
1) Current price> breakout price* 0.98
2) Current price > EMA21 >EMA50>EMA200
3) Current price > 52 week high*0.75
4) Current price > 52 week low*1.3
5) EMA 200 of today > EMA 200 of 10 bar ago > EMA 200 of 20 bar ago
6) Relative volume of the day > 1.5
Adaptive Range Breakout (UPDATED RBVC)RBVC UPDATED WITH TIGHTER RANGE TIMELY BREAKOUT. This as an updated version for range breakout with volume as the earlier indicator had delayed response time
BTC Multi-Session Open Breakout with Dynamic Sensitivitybtc tool using algo detection and a dynamic sensitivity tool to avoid breakouts and see-saw action. First draft.
Zero Lag Liquidity [AlgoAlpha]🟠 OVERVIEW
This script plots liquidity zones with zero lag using lower-timeframe wick profiles and high-volume wicks to mark key price reactions. It’s called Zero Lag Liquidity because it captures significant liquidity imbalances in real time by processing lower-TF price-volume distributions directly inside the wick of abnormal candles. The tool builds a volume histogram inside long upper/lower wicks, then calculates a local Point of Control (POC) to mark the price where most volume occurred. These levels act as visual liquidity zones, which can trigger labels, break signals, and trend detection depending on price interaction.
🟠 CONCEPTS
The core concept relies on identifying high-volume candles with unusually long wicks—often a sign of opposing liquidity. When a large upper or lower wick appears with a strong volume spike, the script builds a histogram of lower-timeframe closes and volumes inside that wick. It bins the wick into segments, sums volume per bin, and finds the POC. This POC becomes the liquidity level. The script then dynamically tracks whether price breaks above or rejects off these levels, adjusts the active trend regime accordingly, and highlights bars to help users spot continuation or reversal behavior. The logic avoids repainting or subjective interpretation by using fixed thresholds and lower-TF price action.
🟠 FEATURES
Dynamic liquidity levels rendered at POC of significant wicks, colored by bullish/bearish direction.
Break detection that removes levels once price decisively crosses them twice in the same direction.
Rejection detection that plots ▲/▼ markers when price bounces off levels intrabar.
Volume labels for each level, shown either as raw volume or percentage of total level volume.
Candle coloring based on trend direction (break-dominant).
🟠 USAGE
Use this indicator to track where liquidity has most likely entered the market via abnormal wick events. When a long wick forms with high volume, the script looks inside it (using your chosen lower timeframe) and marks the most traded price within it. These levels can serve as expected reversal or breakout zones. Rejections are marked with small arrows, while breaks trigger trend shifts and remove the level. You can toggle trend coloring to see directional bias after a breakout. Use the wick multiplier to control how selective the detector is (higher = stricter). Alerts and label modes help customize the signal for different asset types and chart styles.
4H Bollinger Breakout StrategyThis strategy leverages Bollinger Bands on the 4-hour timeframe for long and short trades in trending or ranging markets. Entries trigger on BB breakouts with optional filters for volume, trend, and RSI. Exits occur on opposite BB crosses. Customizable for long-only, short-only, or indicator mode via code comments. Supports forex, stocks, or crypto with full equity allocation and 0.1% commission.
Length (Default: 20): Period for BB basis and std dev; shorter for sensitivity, longer for smoothing.
Basis MA Type (Default: SMA): Selects MA for middle band (SMA, EMA, etc.); EMA for faster response.
Source (Default: Close): Price input for calculations; use close for standard accuracy.
StdDev Multiplier (Default: 1.8): Band width control; higher for fewer signals, lower for more.
Offset (Default: 0): Shifts BB plots; typically unchanged.
Use Filters (Default: True): Applies volume, trend, RSI checks to filter signals.
Volume MA Length (Default: 20): For volume filter (long: >105% avg, short: >120%).
Trend MA Length (Default: 80): SMA for trend filter (long: above MA, short: below).
RSI Length (Default: 14): For short filter (entry if RSI <85).
Use Long/Short Signals (Defaults: True): Toggles directions; long entry on lower BB crossover, short on upper crossunder.
Visuals: BB plots (blue basis, red upper, green lower), orange trend MA, filled background.
Labels/Alerts: Green/red for long entry/exit, yellow/purple for short; alert conditions included.
Adaptive Squeeze Momentum +Adaptive Squeeze Momentum+ (Auto-Timeframe Version)
Overview
Adaptive Squeeze Momentum+ is an enhanced volatility and momentum indicator designed to identify compression and expansion phases in price action. It is inspired by the classic Squeeze Momentum Indicator by LazyBear but introduces automatic parameter adaptation to any timeframe, making it simpler to use across different markets without manual configuration.
Concepts and Methodology
The script combines Bollinger Bands (BB) and Keltner Channels (KC) to detect periods when volatility contracts (squeeze) or expands (release).
A squeeze occurs when BB are inside KC, suggesting low volatility and potential breakout scenarios.
A squeeze release is detected when BB expand outside KC.
Momentum is derived using a linear regression applied to the difference between price and a midrange reference level.
Original Improvements
Compared to the original Squeeze Momentum Indicator, this version offers several enhancements:
Automatic Adaptation: BB and KC lengths and multipliers are dynamically adjusted based on the chart’s timeframe (from 1 minute up to 1 month), removing the need for manual tuning.
Simplified Visualization: A clean, minimalist histogram and clear squeeze state cross markers allow for faster interpretation.
Flexible Application: Designed to work consistently on intraday, daily, and higher timeframes across crypto, forex, stocks, and indices.
Features
Dynamic Squeeze Detection:
Gray Cross: Neutral (no squeeze detected)
Blue Cross: Active squeeze
Yellow Cross: Squeeze released
Momentum Histogram:
Positive/negative momentum shown with slope-based coloring.
Timeframe-Aware Parameters:
Automatically sets optimal BB/KC configurations.
Usage
Watch for blue crosses indicating an active squeeze phase that may precede a directional move.
Use the histogram color and slope to gauge momentum strength and direction.
Combine squeeze release signals with momentum confirmation for potential entries or exits.
Credits and Licensing
This script was inspired by LazyBear’s OLD “Squeeze Momentum Indicator” (). The implementation here significantly expands upon the original by introducing auto-adaptive parameters, restructured logic, and a new visualization approach. Published under the Mozilla Public License 2.0.
Disclaimer
This indicator is for educational purposes only and does not constitute financial advice. Use at your own risk.
Intraday BUY/SELL & AUTO SL (5-min timeframe only) by chaitu50c)Intraday BUY/SELL & AUTO SL (5-min timeframe only) by chaitu50c
This indicator provides intraday traders with BUY/SELL reversal signals and automated SL (Stoploss) tracking, based on a 3-candle reversal block logic — designed to work exclusively on the 5-min timeframe.
Key Features:
• 3-Candle Reversal Logic — Signals are generated when a defined 3-candle reversal pattern is detected (body-close breakout).
• Current Session Only — All signals and SL lines are valid only for the current session and automatically reset at session start.
• BUY/SELL Signal Labels — Visual ▲ and ▼ labels mark valid reversal signals on the chart.
• Dynamic Auto SL Lines — Plots dashed SL lines based on the reversal block's low/high.
• SL HIT Tracking — If SL is broken, the line stops extending and a ‘SL HIT’ label is displayed at the midpoint of the SL line.
• Adjustable Visual Settings — Customize signal label size, SL line width, colors, and more.
• Clean & Lightweight — Optimized for intraday use without cluttering the chart.
How to Use:
You can trade this indicator in two ways:
1. Direct Signal Entry — Take a BUY or SELL trade when a valid ▲/▼ reversal signal forms.
2. SL HIT Re-entry — If an existing SL line is broken and ‘SL HIT’ appears, you can optionally take an opposite side trade in the direction of the SL HIT.
Example:
A BUY signal is generated and an SL line is plotted below.
If price breaks the SL (SL HIT appears), you may consider entering a SELL trade at that point — as it indicates weakness.
Important Notes:
• Works only on 5-min timeframe — Set your chart to 5-min for correct behavior.
• Designed for intraday trading — all signals and SL levels reset at session start.
• Does not carry signals between sessions.
• SL lines and HIT labels provide a clear and simple visual aid for trade management.
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Daily Breakout + Daily Shadow By RouroThis script is a Pine v5 strategy designed to detect daily candle body breakouts and execute them on any intraday timeframe, while also providing:
Daily Data Retrieval
Using request.security(..., "D", ...) it fetches the OHLC and timestamp of the daily candle, regardless of the chart’s current timeframe.
Calculation of Yesterday’s and Day-Before-Yesterday’s Bodies
b1High and b1Low → the high/low of yesterday’s daily candle body
b2High and b2Low → the high/low of the previous day’s body
Detection of the First Intraday Bar After a New Day
By using ta.change(time("D")), it marks the start of each new trading day.
Drawing the Previous Day’s “Shadow” on the Chart
It overlays a box (box.new) and two wick lines (line.new) with configurable colors and transparency, so you can clearly see the full range of yesterday’s candle on any intraday chart.
Automatic End-of-Day Position Closure
It will automatically close any open position at the start of the next day to avoid unintended rollovers.
Entry Signals
On the very first intraday bar after the daily close:
Long if yesterday’s close broke above the body of the day before yesterday
Short if yesterday’s close broke below the body of the day before yesterday
…which triggers a strategy.entry at the intraday open.
Fully Customizable Stop-Loss and Take-Profit
SL options:
Opposite end of yesterday’s body
Fixed pips from entry
A risk-reward ratio on yesterday’s wick
Optional “safety SL” in fixed pips that overrides the above
TP options:
Fixed pips
Yesterday’s wick extreme (high/low)
Partial exit on the wick (TP1), then second exit (TP2) either:
At a multiplied RR
Or at the daily close (“Close of Day”)
You can also choose to move SL to breakeven after TP1 is hit.
Live Metrics Table
In the upper-right corner it displays in real time:
Start of backtest (date of first trade)
Number of ✅ Winning trades and ❌ Losing trades
Total number of trades
Win rate (%)
Profit Factor
All within a fixed table layout so it never runs out of rows or columns.
Trading Session Highs and LowsTrading Session Highs and Lows
This script provides an intuitive way to visualize key market levels from major trading sessions: Asia, London, New York, and New York Close. By automatically plotting the high and low of each session, it helps traders quickly identify important price levels that could impact market behavior.
Features include:
Session Marking: The script marks the high and low for each major session (Asia, London, New York, and New York Close).
Customizable Lines and Labels: You can adjust the line style, width, and color for each session’s high/low markers. The session name (e.g., "London", "New York") and the PDH/PDL (Prior Day High and Low) are also shown to give clear context.
Real-Time Updates: The levels are updated in real-time to reflect the current price action, helping you gauge price movement throughout the trading day.
Customizable Indicators: Easily adjust the visibility of the different sessions and the labels to focus on the session that matters most to your trading strategy.
This tool is designed to help day traders spot important levels for potential breakouts or reversals, making it easier to base your trading decisions on well-established price points. Ideal for scalpers, swing traders, and anyone who trades across multiple sessions.
Diamond PatternDiamond Pattern Indicator
This indicator is designed to detect the Diamond Pattern, a technical formation that often signals potential trend reversals. The diamond pattern can lead to strong price movements, making it a valuable tool for traders.
Features:
✅ Automatic Detection – Identifies diamond patterns on the chart.
✅ Trend Reversal Signals – Highlights potential price direction changes.
✅ Multi-Timeframe Compatibility – Works across all timeframes.
✅ User-Friendly – Simple to use with no complex settings required.
How to Use:
1. Add the indicator to your chart.
2. Monitor for the formation of a Diamond Pattern.
3. Use the breakout direction to guide your trading decisions.
Trade Mavrix: Elite Trade NavigatorYour ultimate trading companion that helps you spot profitable breakouts, perfect pullbacks, and crucial support & resistance levels. Ready to take your trading to the next level? Let's dive in!
TP RSITP RSI - Integrated Trend, Momentum, and Volatility Analyzer
The TP RSI indicator is an innovative 3-in-1 technical analysis tool that combines RSI, Bollinger Bands, and an EMA ribbon to provide traders with a comprehensive view of trend, momentum, and volatility in a single, easy-to-interpret visual display.
Why This Combination? This mashup addresses three critical aspects of market analysis simultaneously:
Trend identification and strength (EMA ribbon)
Momentum measurement (RSI)
Volatility assessment (Bollinger Bands)
By integrating these components, traders can make more informed decisions based on multiple factors without switching between different indicators.
How Components Work Together:
1. EMA Ribbon (Trend):
10 EMAs form 5 color-coded bands
Blue: Uptrend, Red: Downtrend
Provides a nuanced view of trend strength and potential reversals
2. RSI (Momentum):
Color-coded for quick interpretation
Blue: Upward momentum, Red: Downward momentum, White: Neutral
Position relative to the ribbon offers additional insight
3. Bollinger Bands (Volatility):
Applied to RSI for dynamic overbought/oversold levels
Narrow bands indicate low volatility, suggesting potential breakouts
Unique Aspects and Originality:
Synergistic visual cues: Color coordination between ribbon and RSI
Multi-factor confirmation: Requires alignment of trend, momentum, and volatility for strong signals
Volatility-adjusted momentum: RSI interpreted within the context of Bollinger Bands
How these components work together:
Buy Signal: Blue ribbon with blue RSI outside the ribbon.
Sell Signal: Red ribbon with red RSI outside the ribbon.
Neutral: White RSI or RSI inside the ribbon (not recommended for trading)
Increasing Momentum: RSI crossing above upper Bollinger Band (upward) or below lower Band (downward).
Trend Strength: RSI rejection by the ribbon, while all bands are colored along with the trend direction, identifies a strong trend.
