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TMA Indicator v2.1This indicator is designed to show support and resistance at local extremes. Indicator can be configured to filter out bullish vs bearish resistance levels based on configurable parameters. Supports alerts for entries and exits based on breakouts of local extrema. Green/Red indicates long/short entry Yellow/Orange indicates long/short exit Backtest window: Jan 1, 2015 - Jul 21, 2019 (today) 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
2
AG Ultimate Bollinger BandsWe believe we have really built the ultimate Bollinger Bands! There are so many options with these Bands: - use an SMA or EMA for the Basis Moving Average - displaying the Average Highs/Lows (blue lines) to create a Moving Band - show breakouts of the Upper/Lower Bollinger Bands with arrows for simplicity (no more wondering whether it closed out or not!) - show a standard deviation of Highs/Lows alongside the traditional Upper/Lower Bollinger Bands. All options are togglable, for full flexibility and customisation.
Pine Script® indicator
by Analog-Trading
1
Poseidon - [Swing High Low][Support and Resistance][Reversal]...A great indicator with tons of usages for technical analysis Act as: * Support and Resistance (It can be used as breakouts only if you drag the line manualy, it will never break it by itself) * Swing points * Reversal point (The candle will reverse in 90% in cases) * Tops and Bottoms (It finds highest and lowest points) ... and many more TA for strategies Combined with RSI will give even better overview of the chart Play with values till you find what your needs are The bigger value is, the more accurate points will be (There is no such as magic indicators, you need to do your job, you need to know what are you doing before enter in real life!) Cheers! @Zekis
Pine Script® indicator
by edward_Z
23
Dotenslayer : An open range breakouts method indicator for botThis script shows the long and short points of certain Japanese bots like 'DotenKun' which use open range breakouts method. Searching recent 18 bars as default and shows the range calculated with a factor (default k = 1.6). You can edit this condition by yourself. When filled the long or short conditions, also shows the indicator on the price chart to help your trading on BTC. Also, this script can make alarm events related to those conditions. This script only works for BTCUSD, XBTUSD, BTCJPY, FXBTCJPY with 1H time span. Disclaimer : I don't own the source code of the certain bots and I didn't directly reference the source code of it. So which means, I don't guarantee this script works as same as the bots works. Also, I didn't mean to disturb their trading bot businesses. Your donations are welcome! : BTC : 327MqYGfHJFC7LRijGwQZXdTAyFwvYCzyv ETH : 0x5E270c3667E65ba6158D292a98c5b54F81AfCAf1
Pine Script® indicator
by yosshibox
1
Hodie Smart Inside BarThe Hodie Smart Inside Bar indicator automatically detects and visually highlights inside bars — candles fully contained within the range of the previous (parent) candle. How the indicator works: Inside Bar Identification: The indicator analyzes each candle and checks if its high is lower than the previous candle’s high, and its low is higher than the previous candle’s low. If this condition is met, the candle is considered an inside bar. Size Filtering: To filter out small and insignificant consolidations, the indicator compares the size of the parent candle’s range to the inside bar’s range. Only if the parent candle is significantly larger (2 times or more — adjustable parameter), the inside bar is considered significant. Zone Drawing: For each detected inside bar, the indicator draws a rectangular zone bounded by the parent candle’s high and low. This zone automatically extends to the right as new bars appear until the price moves outside the parent candle’s range. Zone Completion: Once the price closes above the parent candle’s high or below its low, the zone is considered complete and stops extending. Visual Aids: If enabled, the indicator can shade the background of the current inside bar for additional visual emphasis. A label with the text "IB" appears above the inside bar candle on the chart for easier identification. Alerts: Supports alerts when a new inside bar forms. Alerts help traders notice important signals promptly. To activate, create an alert on the indicator with the condition “New Inside Bar”. Benefits of the Indicator: Inside bars often signal consolidation and potential liquidity accumulation, which may be followed by a strong impulsive breakout. This indicator helps traders quickly identify consolidation zones and prepare for possible price moves.
Pine Script® indicator
by Hodie_Trading_Academy
Chews Opening Range Breakout - FibonacciVisual tool for taking a Fibonacci retracement-backed opening range breakout. How it works: Short a first red candle. Long a first green candle. You decide which Fibonacci % you prefer your stop loss to be, the plot and label will represent your decision. Fibonacci logic is close --> open. Recommendations: Use a lower time frame interval like 3m. Extra Notes: On higher priced stocks, you may see some discrepancy (~$0.1!) when plotting a Fibonacci Retracement compared to the suggested stop loss. Since this discrepancy happens on inherently more volatile stocks, I have chosen to neglect the discrepancy instead of going for point perfect stop loss exits. Realistically, it won't matter unless you get very unlucky. Fibonacci drawing is not a feature of what this indicator plots. It's there for reference, but I can add if requested. I drafted this simple code to help me visualize automating this strategy. "That's spoicy!" ToDo: Add an optional two-sided ORB. Higher chance of success since it is meant for reversals.
Pine Script® indicator
by ChewMeHarder
1
Pivot-Based Channels & Bands [Misu]█ This Indicator is based on Pivot detection to show bands and channels. The pivot price is similar to a resistance or support level. If the pivot level is breached, the price should continue in that direction. Or the price could reverse at or near this level. █ Usages: Use channels as a support & resistance zone. Use bands as a support & resistance zone. It is also very powerfull to use it as a breakout. Use mid bands & mid channels as a trend direction or trade filter as a more usual moving average. █ Parameters: Show Pivot Bands: show bands. Show Pivot Mid Band: show mid bands. Show Pivot Channels: show channels. Show Pivot Mid Channel: show mid channels. Deviation: deviation used to calculate pivot points. Depth: depth used to calculate pivot points.
Pine Script® indicator
by Fontiramisu
Consolidation Breakout Signal//@version=5 indicator("Consolidation Breakout Signal", overlay=true, timeframe="") // Inputs length = input.int(20, "Consolidation Lookback") atrMult = input.float(1.5, "ATR Breakout Multiplier") bbLength = input.int(20, "Bollinger Band Length") bbMult = input.float(2.0, "Bollinger Band Width Multiplier") // ATR for volatility atr = ta.atr(length) // Bollinger Bands for consolidation basis = ta.sma(close, bbLength) dev = bbMult * ta.stdev(close, bbLength) upperBB = basis + dev lowerBB = basis - dev bbWidth = (upperBB - lowerBB) / basis * 100 // Define consolidation as narrow BB width consolidation = bbWidth < ta.sma(bbWidth, length) // Breakout conditions breakUp = consolidation and close > upperBB and close > close + atrMult * atr breakDown = consolidation and close < lowerBB and close < close - atrMult * atr // Plot Bollinger Bands plot(upperBB, "Upper BB", color=color.new(color.blue, 70)) plot(lowerBB, "Lower BB", color=color.new(color.blue, 70)) // Plot signals plotshape(breakUp, title="Breakout Up", style=shape.labelup, color=color.green, text="UP 🔼", size=size.large, location=location.belowbar) plotshape(breakDown, title="Breakout Down", style=shape.labeldown, color=color.red, text="DOWN 🔽", size=size.large, location=location.abovebar) // Alerts alertcondition(breakUp, title="Breakout Up Alert", message="Big Up Move Likely 🚀") alertcondition(breakDown, title="Breakout Down Alert", message="Big Down Move Likely 📉")
Pine Script® indicator
by impressivePepp38632
TradeX ORB SniperTradeX ORB Sniper — Multi-Range Opening Breakout Framework This invite-only script is a structured Opening Range Breakout (ORB) tool designed to map price interaction with multiple predefined ranges. It is not a collection of generic settings — all versions and filters are coded in-house and connected through a shared logic engine. Purpose & Core Design The ORB Sniper provides four internally coded modes, each referencing a distinct opening range. Depending on market context, ranges may include: Pre-market session range 5-minute opening range 15-minute opening range Volume-adaptive range variations Each mode ensures consistent logic across timeframes, allowing traders to analyze breakout dynamics in a rule-based framework. Breakout Highlighting When price closes above or below the active range, the script highlights that candle in gold/yellow (“Get Ready Candle”). This highlight is informational only, serving as a visual marker of when price has left the defined range. Zone Projection & Box Mapping To help visualize breakout dynamics, the script plots risk and reward boxes: Risk Box — initial region mapped from the selected range Reward Box — projected continuation area based on range displacement These elements are configurable, giving traders flexibility in how the breakout context is displayed. Custom Visual Inputs Users can adjust all visual components directly from the settings panel: ORB Mode — toggle between V1–V4 range types Risk Box Color — customize the risk region’s display Reward Box Color — adjust continuation box visuals Get Ready Candle Color — select the breakout candle highlight color Inputs in Status Line — optional summary display at the top of the chart This ensures the framework is adaptable to any chart theme or personal preference. Development Process The ORB Sniper was first modeled in Python, where volume, volatility, and technical variations were looped through to refine range definitions. The most effective rules were then coded into Pine Script, creating a streamlined, repeatable breakout framework. Disclaimer This is an original, closed-source TradeX Labs tool. It references known concepts (opening ranges, volume dynamics) within a proprietary rule-based framework. It is intended for visual analysis only and does not provide trade signals or guarantee results. Default settings are for illustration; traders should adjust configuration to their instrument and timeframe.
Pine Script® indicator
by tradexorb
1
Recent Range DetectorOverview The Recent Range Detector is a specialized indicator designed to identify when an asset is currently range-bound, providing traders with clear support and resistance levels for range trading strategies. Unlike traditional indicators that focus on trend detection, this tool specifically answers the question: "Is the price range-bound right now, and what are the exact trading levels?" Key Features ✅ Smart Range Detection - Uses a multi-factor scoring system to identify legitimate ranges ✅ Dynamic Support/Resistance Levels - Automatically calculates and displays key trading levels ✅ Range Quality Scoring - Provides confidence levels (Strong/Moderate/Weak Range) ✅ Touch Validation - Counts actual price touches to confirm range reliability ✅ Breakout Detection - Alerts when price exits the established range ✅ Visual Clarity - Clean boxes, lines, and labels for easy interpretation How It Works The indicator analyses recent price action using three core metrics: Touch Quality (40%) - How many times price has respected support/resistance levels Containment Quality (40%) - What percentage of recent bars stayed within the range Recent Respect (20%) - Whether the latest price action confirms the range These combine into a Range Score (0-1) that determines range strength and reliability. Settings & Parameters Range Lookback Period (Default: 15) Number of bars to analyse for range detection Shorter periods = more responsive to recent ranges Longer periods = more stable, fewer false signals Range Tolerance (Default: 2.0%) Tolerance for price touches around exact highs/lows Lower values = stricter range requirements Higher values = more flexible range detection Minimum Touches (Default: 3) Required number of support/resistance touches for valid range Higher values = more confirmed ranges, fewer signals Lower values = more sensitive, earlier detection Visual Options Show Range Box: Displays the range boundaries Show Support/Resistance Lines: Extends levels into the future Understanding the Output Range Score (0.000 - 1.000) 0.7+ = Strong Range (Green) - High confidence range trading setup 0.5-0.7 = Moderate Range (Yellow) - Decent range with some caution 0.3-0.5 = Weak Range (Orange) - Low confidence, be careful <0.3 = Not Ranging - Avoid range trading strategies Range Status Classifications Strong Range - Perfect for range trading strategies Moderate Range - Good range with normal risk Weak Range - Marginal range, use smaller positions Not Ranging - Price is trending or too choppy for range trading Key Metrics in Info Table Range Size (%) - Size of the range relative to price level 5-15% = Ideal range size for most strategies <5% = Tight range, lower profit potential >15% = Wide range, higher profit potential but more risk Support/Resistance Levels - Exact price levels for entries/exits Use these as your key trading levels Support = potential buy zone Resistance = potential sell zone Total Touches - Number of times price respected the levels 3-5 touches = Newly formed range 6-10 touches = Well-established range 10+ touches = Very strong, reliable range Price Position (%) - Current location within the range 0-20% = Near support (potential long opportunity) 80-100% = Near resistance (potential short opportunity) 40-60% = Middle of range (wait for better entry) Visual Elements Range Box Green Box = Strong Range (Score ≥ 0.7) Yellow Box = Moderate Range (Score 0.5-0.7) Orange Box = Weak Range (Score 0.3-0.5) Support/Resistance Lines - Horizontal lines showing exact trading levels - Extend into the future for forward guidance - Colour matches the range strength Background Colouring - Subtle background tint during range periods - Helps quickly identify ranging vs trending markets Breakout Signals - 📈 RANGE BREAK UP - Price breaks above resistance - 📉 RANGE BREAK DOWN - Price breaks below support - Only appears for confirmed ranges (Score ≥ 0.5) Trading Applications Range Trading Strategy 1. Look for Range Score ≥ 0.5 2. Buy near support (Price Position 0-20%) 3. Sell near resistance (Price Position 80-100%) 4. Set stops just outside the range 5. Exit on breakout signals Breakout Strategy 1. Identify strong ranges (Score ≥ 0.7) 2. Wait for volume-confirmed breakout 3. Enter in breakout direction 4. Use previous resistance as support (or vice versa) Market Context - Strong ranges often occur after trending moves - Use higher timeframes to confirm overall market structure - Combine with volume analysis for better entries/exits Best Practices What to Look For ✅ Range Score ≥ 0.5 for trading consideration ✅ Multiple touches (5+) for confirmation ✅ Clear price rejection at levels ✅ Reasonable range size (5-15% for most assets) ✅ Recent price respect of boundaries What to Avoid ❌ Trading ranges with Score < 0.3 ❌ Very tight ranges (<3% size) - low profit potential ❌ Ranges with only 1-2 touches - not confirmed ❌ Ignoring breakout signals ❌ Trading against the higher timeframe trend Alerts Available - Range Detected - New range formation - Range Break Up - Upward breakout - Range Break Down - Downward breakout - Range Ended - Range condition ended Timeframe Recommendations - Daily Charts - Best for swing trading ranges - 4H Charts - Good for intermediate-term ranges - 1H Charts - Suitable for day trading ranges - Lower Timeframes - May produce more noise Conclusion The Recent Range Detector eliminates guesswork in range identification by providing objective, quantified range analysis. It's particularly valuable for traders who prefer range-bound strategies or need to identify when trending strategies should be avoided. Remember: No indicator is perfect. Always combine with proper risk management, volume analysis, and broader market context for best results. Disclaimer This indicator is for educational purposes only and should not be considered as financial advice. Trading involves risk, and past performance does not guarantee future results. Always conduct your own research and consider your risk tolerance before making any trading decisions.
Pine Script® indicator
by eggubonda
SR-PrecisionZoneSR-PrecisionZone — Dynamic Support & Resistance Mapping SR-PrecisionZone is a precision-engineered support and resistance zone indicator designed for traders who value structure, accuracy, and real-time adaptability. It intelligently detects clusters of pivot points to highlight price levels that have historically acted as strong support or resistance — and projects these zones into the current market with customizable sensitivity. - Key Features Dynamic Zone Construction Automatically detects key support and resistance zones based on pivot clustering logic, with customizable width and minimum strength thresholds. Strength-Weighted Transparency Zone opacity reflects the number of pivot hits — the more respected the level, the more visible the zone becomes. This allows traders to instantly gauge the strength of each zone at a glance. Real-Time Zone Development Zones appear live as pivot criteria are met; no lag or historical-only rendering. Breakout & Breakdown Detection Automatic breakout/breakdown tags highlight when price leaves a zone, helping spot continuation or reversal setups. Multi-Timeframe Adaptive Works effectively on intraday, swing, and macro timeframes with a tunable lookback window. Clean Visual Hierarchy Support and resistance zones extend 10 bars beyond the current candle, with MA overlays plotted above zones for clear visibility. - Inputs & Settings Source: Choose between High/Low or Close/Open pivots Maximum Channel Width (%): Controls how far apart pivots can be to qualify as a zone Minimum Strength: Sets how many pivot hits are required for a zone to appear Lookback Period: Adjusts how far back the script evaluates pivot clusters Customizable Colors: Separate colors for support, resistance, and mid-zone overlap Breakout Tags: Optional visual markers for when price breaks out of a zone MA Overlays: Two optional moving averages (SMA/EMA) to provide additional context - Ideal Use Cases Identifying high-probability support/resistance levels Spotting breakout or fakeout setups Enhancing confluence in technical strategies Filtering entries/exits based on structural zones
Pine Script® indicator
by Simple_Investment_Strategies
Double Fractal Entry📘 Double Fractal Entry – Original Structure-Based Entry System Double Fractal Entry is a proprietary indicator that uses dynamic fractal structure to generate actionable buy/sell signals, with automatic Stop-Loss and Take-Profit placement. Unlike classic fractal tools or ZigZag-based visuals, this script constructs real-time structural channels from price extremes and offers precise entry points based on breakout or rejection behavior. It is designed for traders who want a clear, structured approach to trading price action — without repainting, lagging indicators, or built-in oscillators. 🧠 Core Logic This script combines three custom-built modules: 1. Fractal Detection and Channel Construction - Fractals are detected using a configurable number of left/right bars (sensitivity). - Confirmed upper/lower fractals are connected into two continuous channels. - These channels represent real-time structure zones that evolve with price. 2. Entry Signal Logic You can choose between two signal types: - Breakout Mode – Triggers when price breaks above the upper fractal structure (for buys) or below the lower one (for sells). - Rebound Mode – Triggers when price approaches a fractal channel and then rejects it (forms a reversal setup). Each signal includes: - Entry arrow on the chart - Horizontal entry line - Stop-Loss and Take-Profit lines 3. SL/TP Calculation Unlike tools that use ATR or fixed values, SL and TP are dynamically set using the fractal range — the distance between the most recent upper and lower fractals. This makes the risk model adaptive to market volatility and structure. 📊 Visuals on the Chart - 🔺 Green/Red triangle markers = confirmed fractals - 📈 Lime/Red channel lines = evolving upper/lower structure - 🔵 Blue arrow = signal direction (buy/sell) - 📉 SL/TP lines = dynamically drawn based on fractal spacing - 🔁 Signal history = optional, toggleable for backtesting ⚙️ Settings and Customization - Fractal sensitivity (bars left/right) - Entry mode: Breakout or Rebound - SL and TP multiplier (based on fractal range) - Visibility settings (signal history, lines, colors, etc.) 💡 What Makes It Unique This is not just a variation of standard fractals or a ZigZag wrapper. Double Fractal Entry was built entirely from scratch and includes: - ✅ A dual-channel system that shows the live market structure - ✅ Entry signals based on price behavior around key zones - ✅ Volatility-adaptive SL/TP levels for realistic trade management - ✅ Clean, non-repainting logic for both manual and automated use The goal is to simplify structure trading and provide precise, repeatable entries in any market condition. 🧪 Use Cases - Breakout mode – Ideal for trend continuation and momentum entries - Rebound mode – Great for reversals, pullbacks, and range-bound markets - Can be used standalone or combined with volume/trend filters ⚠️ Disclaimer This tool is intended for technical analysis and educational use. It does not predict future market direction and should be used with proper risk management and strategy confirmation.
Pine Script® indicator
by trdngclbsmn