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Trend lines + Pivot Levels + Candlestick PatternsThis is a pure PRICE ACTION indicator that will show you possible trend lines, pivot lines and candlestick patterns at once. it has been designed to determine upper and lower trend lines in the chart and you can set candlestick patterns on them with alerts! it means that you add the indicator to the chart and set the alert and done! whenever a pinbar or engulf or breakout(in both directions) happens, you will be notified by alerts. you also have pivot lines on the chart by this indicator. you can set the candlesticks on pivots instead of trend lines, so if you are a fan of support and resistance you can have this one, it depends on you. all of the pivots and trend lines and also the candle sticks are customizable, so you can exactly select the pinbar, engulfing or breakout candle that matches with your mindset. for example you can set a pinbar that long shadow is 4 times or 3 times greater than the body, it's on you. you can also customize trendlines or pivot lines, if you are scalper you can set it to small trend lines and if you are day trader or long term trader you can set it to the number that fits with your strategy. trends and pivots will be updated automatically and there is no need to set it every time. Be PROFITABLE! $kMagician /*
Pine Script® indicator
by salarkamjoo
24
Linear Regression & RSI Multi-Function Screener with Table-LabelHi fellow traders.. Happy to share a Linear Regression & RSI Multi-Function Custom Screener with Table-Labels... The Screener scans for Linear Regression 2-SD Breakouts and RSI OB/OS levels for the coded tickers and gives Summary alerts Uses Tables (dynamica resizing) for the scanner output instead of standard labels! This Screener cum indicator collection has two distinct objectives.. 1. Attempt re-entry into trending trades. 2. Attempt Counter trend trades using linear regression , RSI and Zigzag. Briefly about the Screener functions.. a. It uses TABLES as Labels a FIRST for any Screener on TV. b. Tables dynamically resize based on criteria.. c. Alerts for breakouts of the UPPER and the LOWER regression channels.(2 SD) d. In addition to LinReg it also Screens RSI for OB/OS levels so a multifunction Screener. e. Of course has the standard summary Alerts and programmable format for Custom functions. f. Uses only the inbuilt Auto Fib and Lin Reg code for the screener.(No proprietary stuff) g. The auto Zigzag code is derived(Auto fib). Question what are all these doing in a single screener ?? ZigZag is very useful in determining Trend Up or Down from one Pivot to another. So Once you have a firm view of the Current Trend for your chosen timeframe and ticker… We can consider few possible trading scenarios.. a. Re-entry in an Up Trend - Combination of OS Rsi And a Lower Channel breach followed by a re-entry back into the regression channel CAN be used as an effective re-entry. b. Similarily one can join a Down Trend on OB Rsi and Upper Channel line breach followed by re-entry into the regression channel. If ZigZag signals a range-bound market, bound within channel lines then the Upper breakout can be used to Sell and vice-versa! In short many possibilities for using these functions together with Scanner and Alerts. This facilitates timely PROFITABLE Trending and Counter trend opportunities across multiple tickers. You must give a thorough READ to the various available tutorials on ZigZag / Regression and Fib retracements before attempting counter trend trades using these tools!! A small TIP – Markets are sideways or consolidating 70% of the time!! Acknowledgements: - Thanks a lot DGTRD for the Auto ZigZag code and also for the eagerness to help wherever possible..Respect!! Disclaimer: The Alerts and Screener are just few tools among many and not any kind of Buy/Sell recommendations. Unless you have sufficient trading experience please consult a Financial advisor before investing real money. *The alerts are set for crossovers however for viewing tickers trading above or below the channel use code in line 343 and 344 after setting up the Alerts! ** RSI alerts are disabled by default to avoid clutter, but if needed one can activate code lines 441,442,444 and 445 Wish you all, Happy Profitable Trading!
Pine Script® indicator
by sharaaU7
22
The Trend Oracle - The Ultimate Position ToolThe Trend Oracle is a superadaptive multi-timeframe Indicator Ideal timeframes are 4H, and 1D It is based on a combination of several other indicators including: - The Superstrength Index - An adaptive indicator using volume weighted average of the traditional RSI, MFI and OBV - The Superfast MACD - An adaptive zero lag MACD - ADX Trend - A tweaked version of the ADX - Chop Zones - A combination of 2 Chop indexes to identify trending and non trending conditions. - The Adaptive Supertrend - An adaptive version of the Supertrend, (switching multipliers based on the market trend) - Breakout & Breakdown - An algorithm computing volume compression and expansion to indicate breakout & breakdown signals. - [bBullish and Bearish Divergences - Confirmed Bull and Bear divs shown as green and red dots at the top and bottom of the indicator. Areas highlighted in Aqua are bullish, red are bearish. Use this indicator as a tool to position yourself over longer timeframes. Enjoy! MM :)
Pine Script® indicator
by yinandyani
HuD IntradayConsist of : - standard Bollinger Band (BB) - MA20 and 2 dev - EMA ( default 9,20,50 and 200) - WMA ( 5 and 10 ) - Donchian Channel Suitable for intraday trading - 15min, 30 min or 1 hour timeframe Trading Strategy : 1. Enter trade only when - band is Green - line EMA20 above EMA50 and line EMA50 above EMA200 ( black > purple > red ) - RSI (default setting 14) is above level 50 and trend is positive (RSI line moving upward) 2. Possible Entry point ( 3 options ) i Breakout candle and candle still below lower BB ii Retracement/Pullback - after Breakout and candle still inside green band. RSI still above 50 iii. Buy on Weakness (BOW) - Blue diamond icon 3. Stop Loss : - Select "Show Stop Loss" - to display stop loss line - Based on ATR - adjustable depend on trader risk Other option for stop loss : - WMA Area ( Dark green ) - candle cross under WMA, can consider to exit trade - EMA20 - candle cross under EMA20, can consider to exit trade. 4. Alert Therea are 3 alerts availabe i. Breakout signal ii. Sell signal - candle break trailing Stop iii. BOW - Buy on weakness signal Note : - This indicator only suitable for Bursa Malaysia - Do PM me if you interested
Pine Script® indicator
by Hud_Hud
6
SMT - Smart Money Thursday Boxes The Smart Money Trading Thursday - is a very specific trading system. You only trade it on a Thursday. The script/indicator will color Thursdays as two boxes. If you just want one color, use same color for both boxes. The boxes is there to indicate London/New York sessions. SETTINGS In the setting you find a numeric value as 1700-0400:5 The "5" indicate Thursday. You can change that if you prefer to color another specific day. For example "4" would indicate Wednesday. And you can change the hours to fit your sessions and trading style. You can also use the 2 boxes on different days. If you for example would like to color up London for Wednesday and Thursday. Then set hours to fit London session and adjust the :5 to 4 on the 1st box and 5 on the 2nd. HOW TO USE IT? The Smart Money works in a way retail trading does not. Smart Money has an objective to locate retail patterns, where there will be a lot of stop loss volume to be grabbed. So when a retail trader see a setup like a "Double Top / Bottom". The Institutional will see $$$ of dumb money, ready to be taken. The best moves happen on a Thursday but if you are a skilled trader, you can see the move also occur on Wednesday or Friday. The first thing that will happen, is that the Smart Money Breaks out of session. Meaning they will leave the current weeks high/low range. To start collect negative contracts of the retail volume. When you see that happen. And you see a breakout that consist of 4 in a row 1 hour chart candles. Then you have your first rule meet. #1 Thursday breakout of current weeks high/low. And the move is a clean 4 hour move as 4x H1 candles. The move can start within range. But must end clearly outside. Visual Example: #2 Next, we await an engulf at peak or near peak. That is where Institutional may have problem to match any more contracts, and since they used their own money to make this move. They must now mitigate orders, and return back to the original retail pattern as most retail traders are now stopped out. (Normally this is a long/clear candle out of range. they rarely go lower then retail traders entry in the 1st push. This to not save any souls :) #3 Price returns back to where the breakout from the retail happens. You can now take your profit as a Smart Money Trader. Trading with less risk, you can take profit of the return of that latest 4x H1 candle move. (Order Block) CONCLUSION The best trade is when you can combine a retail pattern, followed by a breakout which holds 4x 1 hour candles in the outbreak direction. 2nd best is when you have the 4x H1 breakout and really no clear retail pattern. Still is the same game. Just not as clear as the one above. Study the steps in this image and you see what to look after: Good Luck with your trading! Regards, The Hunter Trading Group
Pine Script® indicator
by The-Hunter
6
TradeChartist Range Bands ™TradeChartist Range Bands is an exceptionally well designed Entry/Exit indicator that plots fluid Range Bands and dynamic Support/Resistance levels on chart, along with trade entries by using both trend following and mean reversion principles. =================================================================================================================== How does ™TradeChartist Range Bands work? The Indicator plots Range Bands with Upper, Lower and Mean, calculated using trading models that use both Trend Following and Mean Reversion principles . It is the Range Bands that decide the trade Entries as the breakouts above upper band generates long entries and the breakouts below the lower band generates the short entries. The Range Bands Type (Automatic, Aggressive or Normal) can be chosen from the settings. Default is Automatic and it uses Aggressive for non 24 hr markets and Normal for 24 hr markets like Cryptocurrencies. The width of the Range Bands can be changed using the Range Multiplier from the settings. Default is 1.618 , minimum value is 0.618 and maximum value is 2.0. The frequency of the Trade Signals depends on both Range Bands type and Range Multiplier. So it is worth spending some time to test the indicator based on these 2 factors on the asset traded, to maximise the profit potential by optimising the type and multiplier value. In addition to the Range Bands, the indicator also plots Dynamic Support and Resistance bands that are more sensitive to price action and helps the user determine growing support/resistance which is indicated by coloured dots. These dots normally appear when the Support or Resistance stays at the same level for a few bars. The expansion and contraction of the Support and Resistance bands also help in visualising the price volatility, and an extremely narrow squeeze of these levels within the Range Bands normally signals a lucrative market move. This is usually followed by a breakout from the bands and will be signalled by the Trade Entry plots (BUY and SELL). The Dynamic Support and Resistance levels can be enabled or disabled from the settings. The fill between these dynamic levels helps the user to visualise the Bull and Bear strength/power. This fill can also be disabled from the settings if not required. The indicator has a nice Fibonacci levels generator companion that helps spot near support and resistance levels using Fibonacci Retracement tool. There are 3 types of Fib plots that can be chosen from the settings - Auto-Fibs, Fibs based on Lookback, Fibs based on Price Input . The Auto-Fibs feature is used as default and it automatically plots fib retracement based on nearby significant high/low (highest from previous up and down trends). This is normally based on nearby trade entries too. Occasionally, during choppy markets/sideways movement, the range of these levels can be quite small and if close price exceeds the 4.618 fib level, one of the other Fib plot options can be used. Alternatively, Plot fibs from current high/low can also be used. Fibs based on lookback can be used by choosing the number of candles or days lookback to help the indicator automatically find the high and low of the period to generate fib levels. Similarly, Fibs based on price input requires, user to manually enter the high and low price points for the indicator to generate fib levels based on user input. The indicator has two colour schemes for the Dynamic Support/Resistance fill and bar colours. The coloured bars and the fill will help visualise the price trend. This can be changed or disabled from the settings. The Fib levels can be disabled by unchecking lines and labels from the styles tab of indicator settings. Long and Short entry Alerts can be created by using Once Per Bar Close . The indicator does not repaint. Alerts may display potential repaint warning, but this is because the code uses bar index for fib labels. For confidence in the indicator, it can be tested using bar replay to make sure the real-time and bar replay trade entries and plots stay on the same bar/timestamp. The different elements of the indicator are shown below in the chart. =================================================================================================================== ™TradeChartist Range Bands can also be connected to ™TradeChartist Plug and Trade to generate Targets, Stop Loss Plot etc. and other alerts can also be created. Use Range Bands Trend Identifier to connect as an Oscillatory Signal to Plug and Trade. Example chart shown below. =================================================================================================================== Example charts: 1. ADA-USDT 4hr chart using Aggressive type and 1.618 Range Multiplier 2. ADA-USDT 4hr chart using Normal type and 1.618 Range Multiplier 3. XAU-USD 15m chart using Normal type and 1.618 Range Multiplier - Fibs based on 3 days lookback 4. DJI 4hr chart using Normal type and 2.0 Range Multiplier 5. GBP-USD 15m chart using Normal type and 1.618 Range Multiplier 6. LINK-USDT 1hr chart using Normal type and 1.236 Range Multiplier =================================================================================================================== Best Practice: Test with different settings first using Paper Trades before trading with real money =================================================================================================================== This is not a free to use indicator. Get in touch with me (PM me directly if you would like trial access to test the indicator) Premium Scripts - Trial access and Information Trial access offered on all Premium scripts. PM me directly to request trial access to the scripts or for more information. ===================================================================================================================
Pine Script® indicator
by TradeChartist
15
Extreme - SR Levels/Zones (Expo)Extreme - SR Levels/Zones (Expo) automatically searches and prints key support and resistance levels based on "extreme" high & low values. When the extreme condition is met there is a high probability that the market pauses, makes a pullback, or that the trend change direction. If the current trend is strong, the price will breakout from the previous extreme level. The indicator can be used standalone or as a part of your current trading strategy. Real-time No repainting Works on any market HOW TO USE 1. Use the indicator to identify key support and resistance levels. 2. Use the indicator to identify potential breakouts. 3. Use the indicator to identify potential reversal points. INDICATOR IN ACTION Daily chart I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks! I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments! ACCESS THE INDICATOR • Contact me on TradingView or use the links below ----------------- Disclaimer Copyright by Zeiierman. The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My scripts/indicators/ideas are only for educational purposes!
Pine Script® indicator
by Zeiierman
18
Intelligent Zones (Expo)Intelligent Zones - (Expo) DESCRIPTION Intelligent zones is a real-time based indicator that creates colored zones that can act as support or resistance levels. These zones that are painted on the graph are important levels that the future price will react too. Generally, strategy: --> If the price crosses up from the cloud it can be considered as a positive “breakout” and the price will most probably continue in that direction. --> If the price crosses down from the cloud it can be considered as negative “breakout” and the price will most probably continue in that direction. --> If the price is above the black line it can be considered as positive sentiment, and if the price is below the black line it can be considered as a negative sentiment. --> The indicator comes in 2 versions. The main difference is how the intelligent cloud is calculated. Sensitive or not. HOW TO USE 1. Use the indicator to identify real-time market zones. 2. Use the indicator to visualize breakouts. INDICATOR IN ACTION The indicator is best presented live, the graphs below are a good guide. EURUSD BTCUSD BRENT I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks! I will continue to work on this indicator, so please share your experience and feedback with me so that I can continuously improve it. Thanks to everyone that have contacted me regarding my scripts. Your feedback is valuable for future developments! ACCESS THE INDICATOR • Contact me on TradingView or use the links below ----------------- Disclaimer Copyright by Zeiierman. The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My scripts/indicators/ideas are only for educational purposes!
Pine Script® indicator
by Zeiierman
11
TMA Indicator v2.2This indicator is designed to show support and resistance at local extremes. Configurable SMA crossover events can be used to impart a bullish or bearish bias. This helps to reduce noise on the chart and increase profit factor. In other words, the indicator will only look for bullish breakouts if the fast moving average is above the slow moving average and vice-versa. SMA Crossover events can be used to filter bullish or bearish resistance levels. SMA Crossover events can be used to filter bullish or bearish breakout alerts. Supports alerts for entries and exits based on breakouts of local extrema. Alerts can be generated at every breakout or with SMA crossover filtering active. Backtests would suggest that filtering with SMA crossovers often yields slightly lower profit but with a considerable improvement to profit factor. Green/Red indicates long/short entry Yellow/Orange indicates long/short exit See here for an example backtest and visualization of active SMA signal filtering: For paper trading only. Do not use on real markets. Never make investment decisions based on this indicator alone.
Pine Script® indicator
by ta-ky
VWAP Stdev BandsCurrent price always obeys VWAP and is very useful for intraday traders. The Price will never go beyond the second deviation of VWAP at any point of time. The deviation bands are also very useful in predicting the volatility of the script. Breakout trades can be taken based on the previous day's VWAP and it's deviations. One can say that the stock has experienced breakout if current price crosses the fourth deviation of the previous day's VWAP or price bounces off that level, the price movement will be rapid if this occurs providing a good trading opportunity with low risk-reward ratio.
Pine Script® indicator
by dbdecoy
1
Power Trend by Atilla YurtsevenPower Trend is the indicator that i have developed for myself and would like to share with you. Power Trend automatically detects High / Low points and draw trend lines. If you have a look at the graph, you can simply draw a line over last 2 points to combine them and see the trends current state. You can also change High and Low points' sources. I often use Horizontal trend lines by selecting "close" for both High and Low sources. I also love to use Horizontal Trends. They usually shows breakouts. Expect a breakout when lines are close to each other. Remember; this is a lagging indicator. If there is a point in the current bar, indicator will draw it after 2 bars! Disclaimer: All the information in this article, including the algorithm/indicator, was provided and published for informational purposes only and should not be considered legal or financial advice. Happy trading :) Atilla Yurtseven
Pine Script® indicator
by AtillaYurtseven
16
CM_OldSchool_Projected_high_LowHeard this story from Larry Williams…the trader who holds the record for winning the U.S. Trading Championship by turning $10K in to 2 Million. A trader named Owen Taylor developed this formula as a Floor Trader before to calculate the Projected High and Low of the next day. The formula worked so well…Owen charged other Traders 1K to get it. I was pretty impressed with the results…so I coded it for the Weekly, Monthly, Quarterly, and Yearly Projected High Low. While Owen considered these levels to be major support and resistance, Larry has developed many strategies based on the Breakout of the Projected High Low. Therefore I coded it so the Levels would plot Yellow, and change to Green if the Projected High was taken out, and Red if the Projected Low was taken out. ***I’ve noticed on many instruments, Stocks, Index’s, Forex etc., depending on the instrument it works great as Support/Resistance or Breakouts. ***On a Daily Chart put the Quarterly and Yearly levels on SPY and EURUSD and go back about 10 years. Levels are pretty accurate.
Pine Script® indicator
by ChrisMoody
45
Opening Range Breakout with VWAP & RSI ConfirmationThis indicator identifies breakout trading opportunities based on the Opening Range Breakout (ORB) strategy combined with intraday VWAP and higher timeframe RSI confirmation. Opening Range: Calculates the high, low, and midpoint of the first 15 or 30 minutes (configurable) after your specified market open time. Intraday VWAP: A volume-weighted average price calculated manually and reset daily, tracking price action throughout the trading day. RSI Confirmation: Uses RSI from a user-selected higher timeframe (1H, 4H, or Daily) to confirm signals. Buy Signal: Triggered when VWAP breaks above the Opening Range High AND the RSI is below or equal to the buy threshold (default 30). Sell Signal: Triggered when VWAP breaks below the Opening Range Low AND the RSI is above or equal to the sell threshold (default 70). Visuals: Plots Opening Range levels and VWAP on the chart with clear buy/sell markers and optional labels showing RSI values. Alerts: Provides alert conditions for buy and sell signals to facilitate timely trading decisions. This tool helps traders capture momentum breakouts while filtering trades based on momentum strength indicated by RSI.
Pine Script® indicator
by MechanicalTrader13
Visible Range / POC / Volume / SNR Detector PROVisible Range POC & Volume SNR Detector PRO Visible Range POC & Volume SNR Detector PRO is a professional-grade volume-based market structure tool designed to identify institutional Support & Resistance zones, Point of Control (POC), and Value Areas directly from the visible chart range. This indicator goes beyond traditional swing highs and lows by analyzing real traded volume, revealing where large players are active, where price finds fair value, and where high-probability reactions are most likely to occur. 🔍 Core Features 📊 Visible Range Volume Profile 🔹Builds a full Volume Profile using only the visible chart range 🔹Splits price into configurable precision bins for maximum accuracy 🔹Detects true volume clusters instead of subjective price levels 🎯 Point of Control (POC) 🔹 Automatically identifies the highest-volume price level 🔹Acts as a magnet price where market participants agree on value 🔹Fully customizable line style, width, and color 🔹 Optional label with timeframe + price + volume (K / M / B) 📦 Value Area (VAH / VAL) * Calculates Value Area High & Low around the POC * Default **70% volume range** (institutional standard) * Optional Value Area fill for clear fair-value visualization * Helps distinguish **range conditions vs trending moves** 🧱 Volume-Based Support & Resistance Zones 🔹Automatically detects high-impact S&R zones from volume behavior 🔹Zones are visually classified by strength: 🔹 🟢 Strong 🔹 🟡 Medium 🔹 🔴 Weak 🔹Clean box rendering with customizable borders: 🔹 Solid / Dashed / Dotted 🔹 Zones extend dynamically into the future for planning trades 🔄 Dynamic Flip Logic (PRO Standard) 🔹 Advanced Dynamic Flip system: 🔹 Support ➜ Resistance after a breakdown 🔹Resistance ➜ Support after a breakout 🔹 Reflects real market structure shifts 🔹Eliminates outdated static levels 🔁 True Retest & Zone Intelligence 🔹Each zone includes detailed contextual data: 🔹🔄 True Retest Count (price leaves zone and comes back) 🔹⏳ Zone Age (minutes / hours / days) 🔹💪 Strength Classification 🔹🔁 Flip Status 🔹⏱️ Timeframe 🔹💲 Exact price level 🔹All information is displayed in a single clean label. 🔔 Smart Alerts System 🔹Never miss key interactions: 🔹🟢 Touch Alert — price enters a zone 🔹⬇️⬆️ Break Alert — zone failure or breakout 🔹🔄 Retest Alert — classic break & retest setup Alerts trigger on confirmed bars to reduce noise and false signals. 📋 Professional Dashboard 🔹At-a-glance market overview: 🔹Total Support & Resistance zones 🔹🎯 POC level 🔹📦 VA High / VA Low 🔹💪 Strong / Medium / Weak zone distribution 🔹📍 Nearest Support & Resistance 🔹📏 Distance to key levels 🔹 🎨 Auto / Dark / Light theme support 🔹 📐 Adjustable size & position
Pine Script® indicator
by a_jabbaroff
Open Range BreakoutOpen Range Breakout (ORB) The Open Range Breakout (ORB) is a classic intraday strategy used across stocks, indices, FX and futures. It focuses on how price behaves during the first minutes of a major session, when liquidity and volatility are highest. This indicator fully automates the ORB process with session detection, box drawing, breakout & retest logic, and final Buy/Sell signals. Multi-Session Support Choose between the three most important global opens: Asia (Tokyo) – JPY pairs, Asian indices, gold, crypto London – FX majors, European indices, strong volatility New York – US indices, USD pairs, gold, oil, highest volume The Opening Range is calculated only during the selected session. ORB Range (5 / 15 / 30 min) The indicator builds the ORB High/Low from the first X minutes of the session, draws the box, and waits for price action once the range is complete. How It Works ORB Window → High/Low of the opening minutes are recorded. Breakout → Price closes above/below the ORB → “BREAKOUT” label. Retest → Price returns to the ORB box → “RETEST” label. Confirmation Levels Freeze → Upper/lower structure set. Final Signal Close above frozen upper level → BUY Close below frozen lower level → SELL This filters out false breakouts and provides structured continuation signals. Alerts Includes built-in alert conditions for: ORB BUY Signal ORB SELL Signal Alerts trigger exactly when the Buy or Sell label appears. Works On Stocks & indices Forex Futures
Pine Script® indicator
by ebecihalil
ATR Stop Loss Finder (Strict Breakout Mode)Title: ATR Stop Loss Finder (Strict Breakout Mode) Description: Volatility-Based Risk Management: Generates dynamic trailing stop-loss lines for both Long (Lower Line) and Short (Upper Line) positions based on ATR volatility. Strict Breakout Detection: Features a unique "Strict Breakout" logic that highlights trend acceleration. It visually marks whenever the Long SL breaks a historical high or the Short SL breaks a historical low over a user-defined lookback period (e.g., 50 bars). Visual Signals: Automatically plots Red Circles for bullish SL breakouts (New Highs) and Blue Circles for bearish SL breakdowns (New Lows), making strong momentum shifts easy to spot. Real-Time Dashboard: Includes an informative table displaying current ATR and SL price levels for quick reference.
Pine Script® indicator
by jjf495932819
MeanReversion_tradeALERTOverview The Apex Reversal Predictor v2.5 is a specialized mean reversion strategy designed for scalping high-volatility assets like NQ (Nasdaq), ES (S&P 500), and Crypto. While most indicators chase breakouts, this system hunts for "Liquidity Sweeps"—moments where the market briefly breaks a key level to trap retail traders before snapping back to the true value (VWAP). This is not just a signal indicator; it is a full Trade Manager that calculates your Entry, Stop Loss, and Take Profit levels automatically based on volatility (ATR). The Logic: Why This Works Markets act like a rubber band. They can only stretch so far from their average price before snapping back. This script combines three layers of logic to identify these snap-back points: The Stretch (Sigma Score): Measures how far price is from the VWAP relative to ATR. If the score > 2.0, the "rubber band" is overextended. The Trap (Liquidity Sweep): Identifies Pivot Highs/Lows. It waits for price to break a pivot (luring in breakout traders) and then immediately reverse (trapping them). The Exhaustion (RSI): Confirms that momentum is Overbought/Oversold to prevent trading against a strong trend. Key Features Dynamic Lines: Automatically draws Blue (Entry), Red (SL), and Green (TP) lines on the chart for active trades. Smart Targets: Two modes for taking profit: Mean Reversion: Targets the VWAP line (High Win Rate). Fixed Ratio: Targets a specific Risk:Reward (e.g., 1:2). Live Dashboard: Tracks Win Rate, Net Points, and the live "Stretch Score" in the bottom right corner. Alert Ready: Formatted JSON alerts for easy integration with Discord or trading bots. How & When to Use (User Guide) 1. Best Timeframes 5-Minute (5m): Best for NQ and volatile stocks (TSLA, NVDA). Filters out 1-minute noise but catches the intraday reversals. 15-Minute (15m): Best for Forex or slower-moving indices (ES). 2. The Setup Checklist Before taking a trade, look at the Dashboard in the bottom right: Step 1: Check the "Stretch (Sigma)". Is it Orange or Red? This means price is extended and ripe for a reversal. If it's Green, the market is calm—be careful. Step 2: Wait for the Signal. "Apex BUY" (Green Label): Price swept a low and closed green. "Apex SELL" (Red Label): Price swept a high and closed red. Step 3: Execute. Enter at the close of the signal candle. Set your stop loss at the Red Line provided by the script. 3. Warning / When NOT to Use Strong Trending Days: If the market is trending heavily (e.g., creating higher highs all day without looking back), do not fight the trend. News Events: Avoid using this during CPI, FOMC, or NFP releases. The "rubber band" logic breaks during news because volatility expands indefinitely.
Pine Script® indicator
by panchamsh95353
CODY BOT – Breakout SignalsCODY BOT is a minimalist, high-probability breakout indicator designed to keep your chart clean while highlighting actionable trading opportunities. Unlike traditional indicators that generate too many signals, CODY BOT only alerts you to strong directional moves following consolidation, helping you focus on high-quality entries. Key Features: Detects breakouts above recent highs and below recent lows. Filters weak moves using minimum candle body size. Includes a cooldown period to prevent signal spam. Clean and intuitive visual signals with large arrows for easy interpretation. Optional customization for consolidation lookback bars, minimum candle size, and arrow visibility. Alerts built-in for server-side and mobile notifications. How to Use: Look for BUY arrows when price breaks above consolidation highs. Look for SELL arrows when price breaks below consolidation lows. Combine with your preferred risk management and trend confirmation strategies.
Pine Script® indicator
by tonewayclothing
VCP Trendline breakoutThe Signal: Green Triangles indicate the price is approaching the trendline (Watchlist candidate). Yellow Triangles indicate the price is very tight against the line (Execution imminent). The Trigger: When price closes above the Grey Dotted Line, the line stops extending. This is your breakout signal. Indicator Overview The The VCP Trendline breakout indicator is a sophisticated technical indicator designed for trend followers and breakout traders (O'Neil, Minervini, Wyckoff styles). This script employs a State Machine logic to identify structural Volatility Contraction Patterns (VCP) in real-time. It automatically detects valid Bases, tracks the "Right Side" construction, identifies nested handles (contractions), and draws precise supply trendlines—while strictly enforcing structural integrity rules (Higher Lows). Core Logic & Features 1. Smart Base Detection Trend Filter: The pattern recognition engine only activates when the price is above the 200 SMA, ensuring you are trading with the primary trend. Base Validation: It identifies a "Base High" (H1) based on a configurable lookback period. It tracks the depth of the base and automatically invalidates the pattern if the drawdown exceeds the user-defined threshold (default 30%). 2. Recursive Nested Trendlines (VCP) The indicator is capable of drawing Nested Trendlines (recursive resistance). It doesn't just draw a line from the peak; it identifies internal contractions within the base. H1 (Primary): The main supply line from the top of the base. H2, H3 (Internal): Trendlines connecting subsequent lower highs (handles) as volatility contracts. Smart Fan: Includes a "Clean Fan" mode to show only the most relevant, latest trendline per anchor point. 3. Structural Integrity Enforcement (The "Higher Low" Rule) This is the standout feature of this script. It performs an Anchor Integrity Check on every bar. In a valid VCP, every contraction must form a Higher Low. If the price creates a new pivot (H3) but then crashes lower than the previous contraction's floor (H2), the script identifies this as a Structural Failure. Auto-Deletion: It immediately retroactively deletes the invalid trendlines associated with that failed contraction, keeping your chart clean and free of "ghost" signals. 4. "Right-Side" Logic Collision Detection: Trendlines are calculated using "Right-Side Clearance." A line is only drawn if the path from the anchor to the new pivot is unobstructed by price action. Signal Protection: "Watch" and "Near" signals are suppressed during the decline phase (Left Side). They only appear once the "Bottom" (L1) has been confirmed and price is recovering on the Right Side. 5. Proximity Alerts & Breakouts Watch Zone (Green Triangle): Appears when the Low of the bar is within 8% (configurable) of a valid trendline. Near Zone (Yellow Triangle): Appears when the Low of the bar is within 4% (configurable) of a valid trendline. Breakout Stop: Trendlines are dynamic. The moment a bar closes above a trendline, the line stops extending immediately, marking the exact breakout point. How to Use This Indicator The Setup: Look for a stock in an uptrend (Price > 200 SMA). The Construction: Wait for the script to identify the Base High (H1). As the price corrects and begins to recover, you will see Grey Dotted Lines appear, connecting the highs. The Contraction: Watch for Nested Trendlines. If you see a second or third line form from a lower high (H2, H3), it indicates a tightening of price action (VCP). Settings Configuration Moving Averages 21 EMA, 50 SMA, 200 SMA: Built-in reference averages. Base Settings H1 Lookback: How many bars back the script looks to find the "Start" of the base (Default: 21). Increase this for longer-term bases. Sub-High Pivot Bars: Controls the sensitivity of identifying internal highs (handles). Max Base Depth: If the base drops more than this % (Default: 30%), the structure is considered failed and lines are removed. Enable Nested Trendlines: Toggle ON to see internal VCP lines (H2, H3). Toggle OFF to see only the main H1 trendline. Show Only Latest Line: Keeps the chart clean by removing older lines from the same anchor point. Visuals & Signals Near/Watch Zone %: Adjust the sensitivity of the Green/Yellow triangles. Signal Size: Change the size of the triangle markers. DISCLAIMER This is an indicator, not a trading system. Apply good risk management and do your own due diligence before putting your hard earned money into anything. This script is for educational and analytical purposes only. It does not constitute financial advice. Automated pattern recognition has limitations and should always be verified visually.
Pine Script® indicator
by Ashishshetty86
Range Lattice## RangeLattice RangeLattice constructs a higher-timeframe scaffolding on any intraday chart, locking in structural highs/lows, mid/quarter grids, VWAP confluence, and live acceptance/break analytics. It provides a non-repainting overlay that turns range management into a disciplined process. HOW IT WORKS Structure Harvesting – Using request.security() , the script samples highs/lows from a user-selected timeframe (default 240 minutes) over a configurable lookback to establish the dominant range. Grid Construction – Midpoint and quarter levels are derived mathematically, mirroring how institutional traders map distribution/accumulation zones. Acceptance Detection – Consecutive closes inside the range flip an acceptance flag and darken the cloud, signaling balanced auction conditions. Break Confirmation – Multi-bar closes outside the structure raise break labels and alerts, filtering the countless fake-outs that plague breakout traders. VWAP Fan Overlay – Session VWAP plus ATR-based bands provide a live measure of flow centering relative to the lattice. HOW TO USE IT Range Plays : Fade taps of the outer rails only when acceptance is active and VWAP sits inside the grid—this is where mean-reversion works best. Breakout Plays : Wait for confirmed break labels before entering expansion trades; the dashboard's Width/ATR metric tells you if the expansion has enough fuel. Market Prep : Carry the same lattice from pre-market into regular trading hours by keeping the structure timeframe fixed; alerts keep you notified even when managing multiple tickers. VISUAL FEATURES Range Tap and Mid Pivot markers provide a tape-reading breadcrumb trail for journaling. Cloud fill opacity tightens when acceptance persists, visually signaling balance compressions ready to break. Dashboard displays absolute width, ATR-normalized width, and current state (Balanced vs Transitional) so you can glance across charts quickly. Acceptance Flag toggle: Keep the repeated acceptance squares hidden until you need to audit balance. PARAMETERS Structure Timeframe (default: 240): Choose the timeframe whose ranges matter most (4H for indices, Daily for stocks). Structure Lookback (default: 60): Bars sampled on the structure timeframe. Acceptance Bars (default: 8): How many consecutive bars inside the range confirm balance. Break Confirmation Bars (default: 3): Bars required outside the range to validate a breakout. ATR Reference (default: 14): ATR period for width normalization. Show Midpoint Grid (default: enabled): Display the midpoint and quarter levels. Show Adaptive VWAP Fan (default: enabled): Toggle the VWAP channel for assets where volume distribution matters most. Show Acceptance Flags (default: disabled): Turn the acceptance markers on/off for maximum visual control. Show Range Dashboard (default: enabled): Disable if screen space is limited, re-enable during prep sessions. ALERTS The indicator includes five alert conditions: Range High Tap: Price interacted with the RangeLattice high Range Low Tap: Price interacted with the RangeLattice low Range Mid Tap: Price interacted with the RangeLattice mid Range Break Up: Confirmed upside breakout Range Break Down: Confirmed downside breakout Where it works best This indicator works best on liquid instruments with clear structural levels. On very low timeframes (1-minute and below), the structure may update too frequently to be useful. The acceptance/break confirmation system requires patience—faster traders may find the multi-bar confirmation too slow for scalping. The VWAP fan is session-based and resets daily, which may not suit all trading styles.
Pine Script® indicator
by officialjackofalltrades