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9 by 21(high & low) GSK-VIZAG-AP-INDIA21 EMA High & Low + 9 EMA Crossover with Volume & Wick Confirmation 🔹 What Does This Indicator Do? This indicator is designed for momentum-based trend trading by combining exponential moving averages (EMAs), price action filters, and volume analysis. It provides traders with high-probability buy and sell signals while filtering out weak trends and false breakouts. 🔹 How Is It Different from Other Indicators? Unlike traditional EMA crossover strategies that rely only on moving averages, this indicator enhances reliability by incorporating custom volume conditions, price action validation, and wick-based filtering. Key Features That Make It Unique: Dynamic EMA Bands for Trend Identification Uses 21 EMA High & 21 EMA Low as dynamic support & resistance levels, creating a flexible trading range. Helps traders identify trend strength and potential reversals without relying on static levels. Enhanced EMA Crossover System Includes a 9 EMA crossover signal to detect momentum shifts before traditional EMAs react. Avoids lagging signals often seen in standard moving average crossovers. Smart Volume-Based Confirmation Uses a custom volume multiplier to detect significant market participation. Filters out low-volume breakouts that may lead to false signals. Wick-Based Filtering for Precision Identifies candles with no lower wick (for buy signals) and no upper wick (for sell signals) to confirm strong price movements. Helps traders avoid weak reversals and focus only on strong momentum shifts. 🔹 How to Use This Indicator in Trading? Buy Conditions: Bullish candle (green) with no lower wick, confirming strong buying pressure. Price is above the 21 EMA High and remains above 21 EMA Low. Volume shows an increase, confirming market participation. Sell Conditions: Bearish candle (red) with no upper wick, signaling strong selling pressure. Price is below the 21 EMA Low and remains under the 21 EMA High. Volume confirms strong momentum in the downward direction. Bonus: The indicator also highlights 9 EMA & 21 EMA crossovers to provideearly trend confirmations. Who Should Use This Indicator? ✅ Intraday Traders – Looking for quick entry and exit signals based on price momentum. ✅ Swing Traders – Who want to identify medium-term trend shifts with volume confirmation. ✅ Trend Followers – Seeking a robust moving average system to avoid false breakouts. ✅ Momentum Traders – Who need price-action-based confirmation before taking a trade. Why This Indicator Stands Out? Unlike standard EMA-based indicators that often generate false breakouts, this tool: ✔️ Filters low-quality signals using smart volume analysis. ✔️ Enhances trend confirmation with wick-based filtering. ✔️ Detects momentum early using a unique EMA crossover combination. This makes it more reliable than traditional moving average-based systems and highly adaptable for different market conditions. Note: The logic behind this indicator is proprietary and non-repainting, making it a powerful tool for traders who rely on EMA-based trend strategies. Try it out and see how it improves your trading decisions! Why This Description Works? ✔ No code exposure – The logic is explained in concept but not in detail. ✔ Clear differentiation – Shows why this is better than other indicators. ✔ Compliant with TradingView rules – No vague claims, but precise explanations. Would you like to add any specific trading examples or screenshots to further enhance it? Let me know! Share Your Experience! Your feedback is valuable! If you find this indicator useful, leave a comment with your experience—how it worked for you, any improvements you suggest, or the best settings you discovered. Let’s build a community of traders refining strategies together! Disclaimer: This indicator is for educational and informational purposes only. It does not guarantee profitable trades and should be used with proper risk management. Always conduct your own research before making trading decisions.
Pine Script® indicator
by prowelltraders
ICT Breakers (BOS / MSS - Market Structure) [ICTProTools]The Breakers (Market Structure) indicator is designed to help traders identify true breaker structures , a key concept in Inner Circle Trader (ICT) methodology. In market structure, Breakers represent powerful shifts where a key high or low is broken, leading to a reversal in market direction. Most tools misinterpret structure shifts, using internal structure , leading to fake breakouts. This tool solves that problem by filtering out false signals , providing clear & structured insights , all with multi-timeframe compatibility. 💎 Key Features ⚡️ Breakers in action The indicator shows the structure following ICT instructions. A breaker is defined by two lines: The first line confirms the previous trend (it could be interpreted as a BOS). The second line highlights the moment price breaks structure (with candle body or wick based on your chosen settings), signaling a shift in trend direction (like an MSS). Furthermore, it’s important to note that a breaker not only shows the structure, but also defines a potential Point of Interest (POI), an area where price may retrace before continuing its trend. Here, we can observe two clear structure shifts. On the far left, the market was in a bearish trend, illustrated by the first visible (dotted and red) line. Shortly after, the second (solid and green) line appears, showing a break that initiates a new bullish trend. This upward movement continues, with the last confirmation marked by a top structure line. And finally, the structure is broken once again indicating a transition back into a bearish trend. 💪 Real Structure with True Highs / Lows Unlike many indicators that detect internal breakouts , this tool follows ICT’s true market structure rules . In a bearish trend , a bullish breaker is only confirmed when the high that created the low is broken , and conversely for a bullish scenario. Fake breakouts are ignored, preventing misleading signals. In the image above, the white breakout is correctly ignored by the indicator, as it doesn't align with ICT’s structural rules. That white high is simply part of the internal structure, not the true swing point. Instead, the green line highlights the key level that truly matters, the one whose rupture would have confirmed a real change in market structure. 🔔 Smart Alerts for Structure Updates Stay one step ahead with customizable alerts designed to notify you instantly when market structure changes occur. Get notified for BOS (Continuation) and / or MSS (Breaker) events. Set alerts for bullish , bearish , or both directions. Choose between once or repeated alerts , based on your strategy. This feature allows traders to remain focused and reactive , even when monitoring multiple markets. In the alert settings, select which structure shifts you want to be notified of. Whether you're a scalper or a swing trader, the alerts keep you connected to key moments without needing to constantly monitor the chart. ⏳ Multi-Timeframe Structure All features of the indicator are fully compatible with higher timeframes . Get a broader view of market structure without switching timeframes. Monitor higher timeframe structures and receive alerts, all without leaving your analysis chart . In this example, the market structure of the 30m timeframe is displayed while on a 5m chart, providing a clearer perspective. ✨ Customization & User Control Make it yours! The indicator allows full customization: Swing bars (to confirm high / low) Select your mode for Breakers (MSS) , using the candle body only or body / wick Line style (type, width, color) Choice of displayed timeframe Activate any alert , with the frequency you want 🎯 Conclusion ✅ Avoid false signals by focusing on true ICT Breakers ✅ Smart alerts to never miss a structural shift ✅ Multi-timeframe support for enhanced analysis ✅ Clean & professional design for an optimal trading experience
Pine Script® indicator
by ICTProTools
3
Dynamic Support and Resistance ### Indicator: Dynamic Support and Resistance #### Overview: The *Dynamic Support and Resistance* indicator is a powerful tool designed to help traders identify key price levels on a chart. It dynamically calculates support and resistance levels based on pivot points and the Average True Range (ATR). The indicator also highlights broken support and resistance zones, providing visual cues for potential trend reversals or continuations. --- ### Key Features: 1. *Dynamic Support and Resistance Levels*: - The indicator identifies support and resistance levels using pivot highs and lows within a user-defined range. - These levels are adjusted using the ATR to account for market volatility, making them more responsive to changing market conditions. 2. *Support and Resistance Zones*: - The indicator draws boxes around the support and resistance levels, with customizable colors and widths. - The width of the zones is determined by the ATR and a user-defined multiplier, allowing traders to adjust the sensitivity of the zones. 3. *Broken Zones*: - When price breaks through a support or resistance zone, the zone is highlighted with a distinct color to indicate a potential shift in market sentiment. - Traders can limit the number of broken zones displayed on the chart to avoid clutter. 4. *Customizable Inputs*: - *Range Candle Count*: Defines the number of candles analyzed to determine pivot points. Increasing this value will result in fewer but more significant levels, while decreasing it will produce more levels that are sensitive to shorter-term price movements. - *ATR Period*: Controls the sensitivity of the ATR calculation. A shorter period makes the ATR more responsive to recent price changes, while a longer period smooths it out. - *Box Width Multiplier*: Adjusts the width of the support and resistance zones. A higher multiplier creates wider zones, which may be useful in more volatile markets. - *Max Broken Zones*: Limits the number of broken zones displayed on the chart. This helps keep the chart clean and focused on the most recent breaks. --- ### How It Works: 1. *Pivot Points*: - The indicator identifies pivot highs and lows within the specified range. These pivots serve as the basis for calculating support and resistance levels. 2. *ATR Adjustment*: - The ATR is used to adjust the support and resistance levels, making them more dynamic and responsive to market volatility. 3. *Zone Creation*: - Support and resistance zones are drawn as boxes around the pivot levels. The width of these zones is determined by the ATR and the box width multiplier. 4. *Zone Breaks*: - When price breaks through a zone, the zone is highlighted with a distinct color, and the broken zone is added to an array. If the number of broken zones exceeds the user-defined limit, the oldest broken zone is removed from the chart. --- ### How to Use: 1. *Trend Identification*: - Use the support and resistance levels to identify key price levels where the market may reverse or consolidate. - Broken zones can signal potential trend reversals or continuations. 2. *Entry and Exit Points*: - Traders can use the support and resistance zones as potential entry or exit points. For example, buying near support or selling near resistance. - Broken zones can be used as confirmation for breakout strategies. 3. *Risk Management*: - The width of the zones can help traders set stop-loss levels. For example, placing a stop-loss just outside a support or resistance zone. 4. *Customization*: - Adjust the input parameters to suit your trading style and the specific market conditions. For example, increase the range candle count for longer-term analysis or decrease it for shorter-term trading. --- ### Who Should Use This Indicator? - *Swing Traders*: Can use the indicator to identify key levels for potential reversals or breakouts. - *Day Traders*: Can benefit from the dynamic levels and zones, especially in volatile markets. - *Position Traders*: Can use the indicator to identify long-term support and resistance levels. - *Breakout Traders*: Can use the broken zones to confirm breakouts and plan their trades accordingly. --- ### Input Parameters and Their Effects: 1. *Range Candle Count*: - *Increase*: Produces fewer but more significant levels, suitable for longer-term analysis. - *Decrease*: Produces more levels, sensitive to shorter-term price movements. 2. *ATR Period*: - *Increase*: Smoothens the ATR, making the levels less sensitive to recent price changes. - *Decrease*: Makes the ATR more responsive to recent price changes, resulting in more dynamic levels. 3. *Box Width Multiplier*: - *Increase*: Creates wider zones, suitable for more volatile markets. - *Decrease*: Creates narrower zones, suitable for less volatile markets. 4. *Max Broken Zones*: - *Increase*: Displays more broken zones on the chart, providing more historical context. - *Decrease*: Keeps the chart clean by displaying only the most recent broken zones. --- ### Conclusion: The *Dynamic Support and Resistance* indicator is a versatile tool that can be adapted to various trading styles and market conditions. By dynamically adjusting to market volatility and highlighting key price levels, it provides traders with valuable insights into potential support and resistance areas. Whether you're a swing trader, day trader, or position trader, this indicator can help you make more informed trading decisions. --- ### Publishing on TradingView: - *Title*: Dynamic Support and Resistance - *Description*: A dynamic support and resistance indicator that uses pivot points and ATR to identify key price levels. Includes customizable support/resistance zones and highlights broken zones for breakout trading. - *Tags*: support, resistance, ATR, pivot points, breakout, trading, indicator - *Access*: Public or Invite-only, depending on your preference. This indicator is ready to be published on TradingView, and the detailed description above will help users understand its functionality and how to use it effectively.
Pine Script® indicator
by doganayy2
ATR Impact CandlesATR Impact Candles: Simplify Your Trading with Pure Price Action You don’t need dozens of cluttered indicators to catch what really matters. With ATR Impact Candles, you get a powerful, single-tool solution that cuts through the noise by focusing on what truly drives the market: price action and volatility. This indicator highlights only those candlesticks that pack a punch—showing you when the market’s range is exceptionally strong relative to its recent behavior. Whether you’re a scalper or a swing trader, ATR Impact Candles empowers you to time your entries and exits with confidence, letting you trade based on real market momentum. ⸻ Indicator Overview The indicator is designed for TradingView and is implemented in Pine Script (version 5). Its primary purpose is to highlight specific candles that meet a defined volatility condition based on the Average True Range (ATR). Instead of modifying every candle’s appearance, the indicator only changes the color of those “signal” candles that exceed a user-defined multiple of the ATR. The rest of the candles remain in their traditional black and white appearance—preserving the classic candlestick chart look. ⸻ Key Features 1. ATR-Based Signal Identification: • ATR Calculation: The indicator calculates the ATR using a configurable lookback period (default is 14 periods). The ATR is a common volatility measure that reflects the average range of price movement. • Threshold Condition: A candle is flagged as a signal if its range (high minus low) meets or exceeds a specified multiple (the “ATR Factor”) of the ATR. By default, this factor is set to 2, meaning any candle whose range is at least twice the ATR is considered significant. 2. Dynamic Candle Coloring: • Signal Candles: • When a candle meets the ATR threshold condition: • Up Candles: are colored green. • Down Candles: are colored red. • Non-Signal Candles: • Candles that do not meet the threshold condition retain their classic appearance: • Up candles are white. • Down candles are black. 3. User Configurability: • ATR Period: Traders can adjust the ATR period to tailor the volatility measure to different markets or timeframes. • ATR Factor: The multiple of the ATR that defines a signal candle is also configurable, giving flexibility to experiment with different thresholds for what constitutes “significant” price movement. • Overlay Display: The indicator runs in overlay mode on the chart, meaning it directly affects the appearance of the candlestick bars without interfering with other chart elements. 4. Additional Visual Aid: • Threshold Line Plot: The script optionally plots a line representing the ATR multiplied by the chosen factor. This line serves as a visual benchmark on the chart, allowing traders to see at what level the ATR threshold lies relative to the price action. ⸻ How It Works 1. ATR Calculation: The indicator first calculates the Average True Range (ATR) for the defined period. This value is updated for each new candle. 2. Range Comparison: For each candle, the indicator calculates the range (high - low) and compares it to the threshold, which is the ATR multiplied by the user-defined factor. 3. Conditional Coloring: • If the Candle’s Range ≥ (ATR * Factor): • The candle is marked as a “signal candle.” • Its color is set to green if it is an up candle (close is greater than or equal to open) or red if it is a down candle. • Otherwise: • The candle retains its classic look, with up candles in white and down candles in black. 4. Chart Display: By applying these rules to every candle, the indicator visually emphasizes those moments when the market shows unusually large price movements relative to its recent average volatility. This helps traders quickly spot potential breakouts or reversals. ⸻ Practical Applications • Volatility Breakouts: Identify candles that may signal the start of a breakout or strong reversal. • Risk Management: Adjust stop-loss levels or position sizes when unusually volatile candles are detected. • Signal Confirmation: Combine with other technical indicators or chart patterns to reinforce entry or exit decisions. ⸻ ATR Impact Candles is your essential, no-nonsense tool for filtering out market noise and focusing solely on significant price action. Simplify your trading decisions and harness the power of volatility with one clear, effective indicator.
Pine Script® indicator
by Pop-Trader
THMA VWAP Oscillator [by Oberlunar]The THMA VWAP Oscillator of Oberlunar is a trend-following and liquidity-sensitive indicator that blends the Triple Hull Moving Average (THMA) with Volume Weighted Average Price (VWAP) deviation bands to highlight high-probability trading setups. It helps traders differentiate between healthy momentum moves and market noise , making it an effective tool for spotting trend continuations, reversals, and mean reversion trades . At its core, the THMA is an advanced moving average that smooths price action while minimizing lag. Unlike conventional moving averages that react slowly, the THMA dynamically adapts to market conditions by applying a weighted smoothing process. This allows it to react more efficiently to momentum shifts , making it ideal for trend-following and breakout strategies . The VWAP acts as a volume-weighted price equilibrium, giving traders a framework for understanding institutional positioning. Since VWAP considers both price and volume , it helps determine whether the market is trading at a premium or a discount relative to where most of the volume has transacted. The inclusion of VWAP deviation bands , derived from standard deviations, enhances the ability to detect overbought and oversold conditions , ensuring that signals align with key liquidity levels. The indicator generates buy and sell signals based on a structured methodology that incorporates trend direction, liquidity positioning, and momentum confirmation . A buy signal is triggered when the THMA on a higher timeframe is positioned below the THMA of the current timeframe, indicating that the broader trend is supportive of an upward move. Additionally, the THMA must be trading below the lower VWAP deviation band , suggesting that price is in a discounted liquidity zone, which is often an area where institutional buyers step in. To ensure that the signal is not just a random fluctuation, the THMA must also show positive slope , meaning it is actively rising, confirming that price is attempting to reverse or continue its upward move with strength. A sell signal follows the same logic in reverse. The THMA on a higher timeframe must be above the THMA of the current timeframe, confirming alignment with a broader downtrend. The THMA must also be positioned above the upper VWAP deviation band , signaling that price is extended and potentially due for a reversal. To validate that the momentum is actually weakening, the THMA must be in a declining slope , ensuring that price is not simply pausing but actually entering a phase of downward acceleration. One of the key nuances of the THMA VWAP Oscillator is how it visually represents momentum through the serpentine line , which dynamically shifts color as it develops. When the serpentine line maintains a consistent color—green in an uptrend or red in a downtrend—it signals strong trend conviction . However, when the color fluctuates rapidly between green and red, it indicates a weakening signal , suggesting that price action is becoming choppy and trend strength is deteriorating. This alternation in color serves as an early warning of potential reversals, false breakouts, or trend exhaustion. Traders should be cautious when signals appear in conjunction with an unstable serpentine, as they are less likely to be reliable in such conditions. To further enhance signal quality, the indicator incorporates a signal alternation mechanism , ensuring that consecutive buy or sell signals do not appear unless the previous trade setup has been invalidated. This helps prevent overtrading in consolidating markets and reduces the chances of chasing false breakouts. Additionally, the placement of buy and sell labels is optimized using ATR-based scaling , positioning them strategically above or below price action to maintain chart clarity without interfering with live price movements. By integrating trend structure, liquidity positioning, and signal validation , the THMA VWAP Oscillator provides a structured approach to trade execution. It is particularly effective for traders looking to capture breakout moves, pullback entries, and mean reversion opportunities , as it ensures that entries are aligned with market momentum, institutional positioning, and price equilibrium dynamics . The ability to filter out weak signals while identifying strong momentum trends makes it an indispensable tool for trend-followers, breakout traders, and mean reversion specialists alike . I am very pleased to share that I am publicly releasing one of my private indicators, which I usually provide exclusively to my community. This is a significant moment for me, as this tool has been carefully refined and tested to offer high-quality trading insights. I also want to take this opportunity to thank my entire community for the incredible support I have received over the past few months. Your feedback, engagement, and enthusiasm continue to inspire me, and I truly appreciate being part of this journey with all of you. Stay tuned for more updates, and as always, trade smart! 🚀
Pine Script® indicator
by oberlunar_tr
2
Advanced Session Profile Predictor with SR Boxes & ORAdvanced Session Profile Predictor with Momentum Arrows Designed for intraday traders, this indicator analyzes price action across Asia, London, and New York sessions to predict market profiles and highlight key trading opportunities. By combining session-based profiling, Opening Range (OR) visualization, and momentum signals from Traders Dynamic Index (TDI), it offers a unique tool for anticipating trends, reversals, and breakouts. Ideal for forex, indices, and crypto on 15M–1H charts. What Makes This Indicator Unique? Unlike typical session indicators that only mark time zones or standard TDI scripts that focus on momentum, this tool: Predicts market profiles (e.g., "Trend Continuation," "NY Manipulation") by analyzing session ranges and directional moves, offering actionable insights into how sessions interact. Visualizes Opening Range (OR) boxes for the first 15 minutes of each session, helping traders spot early breakout levels. Integrates TDI with momentum to generate precise bullish/bearish arrows, filtered by session context for improved reliability. Simplifies decision-making with dynamic profile labels showing real-time long/short conditions based on price levels. How Does It Work? Session Tracking: Asia (00:00–08:00 UTC, yellow), London (08:00–16:00 UTC, red), and New York (13:00–21:00 UTC, blue) sessions are highlighted with background colors and high/low lines (crosses). OR boxes (first 15 minutes) are drawn for each session: yellow for Asia, red for London, blue for NY. Profile Prediction: Compares Asia and London session ranges and directions (e.g., trending if range > 1.5x 5-period SMA). Examples: Trend Continuation: Asia and London trend in the same direction—long above Asia high (uptrend) or short below Asia low (downtrend). NY Manipulation: Asia trends, London consolidates—watch for NY breakouts at London high/low. Displays the predicted profile and entry conditions in labels (e.g., "IF price hits 1.2000 LONG"). Momentum Arrows: Uses TDI (RSI period 21, bands 34, fast MA 2) and 12-period momentum. Green up arrow: Fast MA > upper band (>68) and momentum rising (bullish). Red down arrow: Fast MA < lower band (<32) and momentum falling (bearish). Support/Resistance (SR): Plots dynamic SR boxes based on pivot highs/lows, filtered by volume (inspired by ChartPrime’s methodology, credited below). How to Use It Setup: Apply to a 15M–1H chart. Adjust time zone (default: UTC) and session times if needed. Customize TDI/momentum settings for sensitivity. Trading: Check the top-right labels for the current profile and entry conditions (e.g., "IF price hits LONG/SHORT"). Confirm entries with green up arrows (bullish) or red down arrows (bearish). Use OR boxes and session high/low lines to identify breakout or reversal levels. Example: In "NY Manipulation," wait for price to hit London high (long) or low (short) during NY session, confirmed by an arrow. Best Markets: Forex (EUR/USD), indices (SPX500), crypto (BTC/USD) with sufficient intraday volatility. Underlying Concepts Session Profiling: Detects trends (range > SMA * threshold) and manipulation (e.g., London breaking Asia’s high/low) to predict NY behavior. OR Boxes: Marks the first 15 minutes’ high/low as a breakout zone (time-based, 900,000 ms). TDI + Momentum: Combines RSI-based bands with price change (close – close ) for momentum signals. SR Boxes: Identifies pivots over a lookback period (default 20), scaled by ATR and filtered by volume thresholds. Credits The SR box logic is inspired by ChartPrime’s volume-filtered support/resistance methodology, adapted with custom breakout/hold detection. Original authors are credited for their foundational work. Chart Setup Displays session backgrounds, OR boxes, high/low lines, TDI arrows, and profile labels. Keep other indicators off for clarity.
Pine Script® indicator
by SwiftEdge
Demand, Supply and Channel by BULL┃NET The B | N DESC (Demand, Supply, and Channel by BULL / NET) Indicator helps traders identify demand and supply lines. Breakouts are detected, and potential targets are calculated. Additionally, channels are automatically detected. ⚠️ Disclaimer – Please Read Before Using ⚠️ Concepts Trend, demand, and supply lines are fundamental concepts in trading to identify a trend and detect a potential trend change. However, there’s a significant issue: if you show a chart to 10 traders and ask them to draw trend, demand, and supply lines, you’ll likely get 10 different results. This is where B | N DESC comes into play. The indicator defines demand and supply lines objectively using pivot points of different levels. A pivot point is a high or low on the chart surrounded by bars that form lower highs or higher lows. The number of bars to the left and right defines the pivot length or level. Supply lines connect pivot highs top-down, and demand lines connect pivot lows bottom-up. Unlike traditional trendlines, which are drawn from left to right and require three anchor points, supply and demand lines are drawn from right to left. Features Supply Line Options These settings control how supply lines and channels are calculated and drawn on the chart. You can display up to three supply lines. - 1st, 2nd, and 3rd Supply Line : By default, two supply lines are active. Each line can be enabled or disabled individually. - Channel: Determines whether channels are displayed. - Confirm : If enabled, the channel will not be shown until confirmed by the price. - Fill : When enabled, the channel will be filled with the chosen color once confirmed by the price. - Level : You can define pivot points for any level between 1 and 100. Default values are 3, 5, and 15. - Color, Style, Width: These settings customize the appearance of the supply lines. Demand Line Options Similar to the supply lines, these settings control how demand lines and channels are calculated and displayed on the chart. You can display up to three demand lines. - 1st, 2nd, and 3rd Demand Line : By default, two demand lines are active. - Channel and Confirm : Functions similarly to supply lines. - Level: Levels between 1 and 100 are available, with default values of 3, 5, and 15. - Color, Style, Width : These settings allow you to adjust the appearance of the demand lines. Level Label Options When a new demand or supply line is drawn, a small label appears at the x2 coordinate of the line. The label shows the height of the extreme point and the direction (up or down) along with the line type (D = Demand, S = Supply) and the selected pivot level. Breakout Label Options - Show in Timeframe : Breakout and target labels are shown by default in timeframes above 30 minutes. In shorter timeframes, pivot points can change rapidly, causing the labels to cover the bars. - Breakout : The breakout label contains the breakout price, direction, pivot level, and breakout attempts. - Target : A label that displays the target price, which is linked to the breakout point on the supply or demand line. Additional Options - Burned Line : Supply and demand lines remain active until new pivot points create a new line of the same level. After the 4th breakout, the line is marked as “burned” and will no longer be monitored for further breakouts. - Spread : This feature allows you to account for your broker’s spread in the target calculation to avoid discrepancies. ------------------------------------- Disclaimer BullNet: [ /i] The information provided in this document is for educational and informational purposes only and does not constitute financial, investment, or trading advice. Any use of the content is at your own risk. No liability is assumed for any losses or damages resulting from reliance on this information. Trading financial instruments involves significant risks, including the potential loss of all invested capital. There is no guarantee of profits or specific outcomes. Please conduct your own research and consult a professional financial advisor if needed. Disclaimer TradingView: According to the www.tradingview.com Copyright: 2025-BULLNET - All rights reserved. Roadmap: Version 1.0 03.03.2025
Pine Script® indicator
by BullNet-traders
Trading Sessions Highs/Lows | InvrsROBINHOODTrading Sessions Highs/Lows | InvrsROBINHOOD 🚀 A powerful indicator for tracking key trading sessions and the highs and lows of each session! 📌 Description The Trading Sessions Highs/Lows indicator visually marks the most critical trading sessions—Asia, London, and New York—using small colored dots at the bottom of the candle. It also tracks and plots the highs and lows of each session, along with the Daily Open and Weekly Open levels. This tool is designed to help traders identify session-based liquidity zones, price reactions, and potential trade setups with minimal chart clutter. Key Features: ✅ Session markers (Asia, London, NY AM, NY Lunch, NY PM) plotted as small dots ✅ Plots session highs and lows for market structure insights ✅ Daily Open line for intraday reference ✅ Weekly Open line for higher timeframe bias ✅ Alerts for session high/low breaks to capture momentum shifts ✅ User-defined UTC offset for global traders ✅ Customizable session colors for personal preference 📖 How to Use the Indicator 1️⃣ Understanding the Sessions Asia Session (Yellow Dot) → Marks liquidity buildup & pre-London moves London Session (Blue Dot) → Strong volatility, breakout opportunities New York AM Session (Green Dot) → Major trends & institutional participation New York Lunch (Red Dot) → Low volume, ranging market New York PM Session (Dark Green Dot) → End-of-day movements & reversals 2️⃣ Session Highs & Lows for Market Structure Session Highs can act as resistance or breakout points. Session Lows can act as support or stop-hunt zones. Break of a session high/low with volume may indicate continuation or reversal. 3️⃣ Using the Daily & Weekly Open The Daily Open (Black Line) helps gauge the intraday trend. Above Daily Open → Bearish Bias Below Daily Open → Bullish Bias The Weekly Open (Red Line) sets the higher timeframe directional bias. 4️⃣ Alerts for Breakouts The indicator will trigger alerts when price breaks session highs or lows. Useful for setting stop-losses, breakout trades, and risk management. 💡 Why This Indicator is Important for Beginners 1️⃣ Avoids Overtrading: Many beginners trade in low-volume periods (NY Lunch, Asia session) and get stuck in choppy price action. This indicator highlights when volatility is high so traders focus on better opportunities. 2️⃣ Session-Based Liquidity Traps: Market makers often run stops at session highs/lows before reversing. Watching session breaks prevents traders from falling into liquidity grabs. 3️⃣ Reduces Emotional Trading: If price is above the Daily Open, a beginner shouldn’t look for shorts. If price is below a key session low, it may signal a fake breakout. 4️⃣ Aligns with Institutional Trading: Smart money traders use session highs/lows to set stop hunts & reversals. Beginners can use this indicator to spot these zones before entering trades. 🛡️ How to Mitigate Risk with This Indicator ✅ Wait for Confirmations – Don’t trade blindly at session highs/lows. Look for wicks, rejections, or break/retests. ✅ Use Stop-Loss Above/Below Session Levels – If you’re going long, set SL below a session low. If short, set SL above a session high. ✅ Watch Volume & News Events – Breakouts without strong volume or news may be fake moves. ✅ Combine with Other Strategies – Use price action, trendlines, or EMAs with this indicator for higher probability trades. ✅ Use the Weekly Open for Trend Bias – If price stays below the Weekly Open, avoid bullish setups unless key support holds. 🎯 Who is This Indicator For? 📌 Beginners who need clear session-based trading levels. 📌 Day traders & scalpers looking to refine their intraday setups. 📌 Smart money traders using liquidity concepts. 📌 Swing traders tracking higher timeframe momentum shifts. 🚀 Final Thoughts This indicator is an essential tool for traders who want to understand market structure, liquidity, and volatility cycles. Whether you’re trading forex, stocks, or crypto, it helps you stay on the right side of the market and avoid unnecessary risks. 🔹 Set it up, customize your colors, define your UTC offset, and start trading smarter today! 🏆📈
Pine Script® indicator
by InvrsROBINHOOD
Smart ChannelThe "Smart Channel" indicator is designed to dynamically identify and plot price channels on a chart. It uses a statistical approach based on Pearson's correlation coefficient to determine the best-fit channel for both short-term and long-term trends. This allows traders to visualize potential support and resistance levels, identify trend direction, and potentially anticipate breakouts or reversals. How it Works: Data Input: The indicator takes a source input (typically the closing price) as the basis for its calculations. Period Selection: It defines two sets of lookback periods: one for short-term analysis and one for long-term analysis. The code iterates through these periods, calculating a linear regression and standard deviation for each. Pearson's Correlation: For each period, the indicator calculates Pearson's R, which measures the strength and direction of the linear relationship between price and time. A higher absolute value of Pearson's R indicates a stronger trend. Best Fit Channel: The indicator identifies the period with the highest Pearson's R for both short-term and long-term and uses the corresponding linear regression parameters (slope and intercept) to define the midline of the channel. Standard Deviation: The standard deviation of the price data around the regression line is calculated. This is used to define the upper and lower boundaries of the channel. The channel width is controlled by a "Deviation Multiplier" input. Channel Plotting: The indicator plots the midline, upper boundary, and lower boundary of the channel on the chart. Separate channels are plotted for the short-term and long-term best-fit periods, using different colors for easy visual distinction. Dynamic Updates: The channel is dynamically updated as new price data becomes available, adjusting to the evolving market trend. Key Inputs and Settings: Source: The price data used for calculations (e.g., close, open, high, low, etc.). Use Long-Term Channel: A boolean input to enable/disable the calculation and plotting of the long-term channel. Deviation Multiplier: Controls the width of the channel (how many standard deviations away from the midline the boundaries are). Channel/Midline Colors and Transparency: Customizable colors and transparency levels for the channel lines and fill. Line Styles: Options for solid, dotted, or dashed lines for the channel boundaries and midline. Extend Style: How the channel lines should extend (right, both, none, left). Interpretation and Usage: Trend Identification: The direction of the midline indicates the prevailing trend. An upward-sloping midline suggests an uptrend, while a downward-sloping midline suggests a downtrend. Support and Resistance: The upper and lower channel boundaries can act as potential support and resistance levels. Breakouts: A price move outside of the channel boundaries may signal a potential breakout or reversal. Overbought/Oversold: Prices touching or exceeding the upper boundary might suggest an overbought condition, while prices touching or exceeding the lower boundary might suggest an oversold condition. Short-Term vs. Long-Term: Comparing the short-term and long-term channels can provide insights into the overall market context. For example, a short-term uptrend within a long-term downtrend might suggest a potential buying opportunity before the larger trend resumes.
Pine Script® indicator
by mosafari
Long and Short Term Highs and LowsLong and Short Term Highs and Lows Overview: This indicator is designed to help traders identify significant price points by marking new highs and lows over two distinct timeframes—a long-term and a short-term period. It achieves this by drawing optional channel lines that outline the highest highs and lowest lows over the chosen time periods and by plotting visual markers (triangles) on the chart when a new high or low is detected. Key Features: Dual Timeframe Analysis: Long Term: Uses a user-defined “Time Period” (default 52) and “Time Unit” (default: Weekly) to determine long-term high and low levels. Short Term: Uses a separate “Time Period” (default 50) and “Time Unit” (default: Daily) to compute short-term high and low levels. Optional Channel Display: For both long and short term periods, you have the option to display a channel by plotting the highest and lowest values as lines. This visual channel helps to delineate the range within which the price has traded over the selected period. New High/Low Markers: The indicator identifies moments when the highest high or lowest low is updated relative to the previous bar. When a new high is established, an up triangle is plotted above the bar. Conversely, when a new low occurs, a down triangle is plotted below the bar. Separate input toggles allow you to enable or disable these markers independently for the long-term and short-term setups. Inputs and Settings: Long Term High/Low Period Settings: Show New High/Low? (STW): Toggle to enable or disable the plotting of new high/low markers for the long-term period. Time Period: The number of bars used to calculate the highest high and lowest low (default is 52). Time Unit: The timeframe on which the long-term calculation is based (default is Weekly). Show Channel? (SCW): Toggle to display the channel lines that connect the long-term high and low levels. Short Term High/Low Period Settings: Show New High/Low?: Toggle to enable or disable the plotting of new high/low markers for the short-term period. Time Period: The number of bars used for calculating the short-term extremes (default is 50). Time Unit: The timeframe on which the short-term calculations are based (default is Daily). Show Channel?: Toggle to display the channel lines for the short-term highs and lows. Indicator Logic: Channel Calculation: The script uses the request.security function to pull data from the specified timeframes. For each timeframe: It calculates the lowest low over the defined period using ta.lowest. It calculates the highest high over the defined period using ta.highest. These values can be optionally plotted as channel lines when the “Show Channel?” option is enabled. New High/Low Detection: For each timeframe, the indicator compares the current high (or low) with its immediate previous value: New High: When the current high exceeds the previous bar’s high, an up triangle is drawn above the bar. New Low: When the current low falls below the previous bar’s low, a down triangle is drawn below the bar. Usage and Interpretation: Trend Identification: When new highs (or lows) occur, they can signal the start of a strong upward (or downward) movement. The indicator helps you visually track these critical turning points over both longer and shorter periods. Channel Breakouts: The optional channel display offers additional context. Price movement beyond these channels may indicate a breakout or a significant shift in trend. Customizable Timeframes: You can adjust both the time period and time unit to fit your trading style—whether you’re focusing on longer-term trends or short-term price action. Conclusion: This indicator provides a dual-layer analysis by combining long-term and short-term perspectives, making it a versatile tool for identifying key highs and lows. Whether you are looking to confirm trend strength or spot potential breakouts, the “Long and Short Term Highs and Lows” indicator adds a valuable visual element to your TradingView charts.
Pine Script® indicator
by AltcoinDreaming
Schwarzman Custom ORB with Box DisplayIndicator Overview The Schwarzman Custom ORB (Opening Range Breakout) Indicator is a fully self-developed script designed for traders who utilize opening range breakout strategies. This indicator allows users to customize their ORB settings, apply them to historical price data, and visually connect multiple ORBs to analyze past performance. The goal is to provide traders with a tool to backtest and refine their breakout strategies based on historical ORB data. How the Indicator Works 1️⃣ User-Defined ORB Settings • The user selects a custom start time (hour and minute) for the ORB. • The user defines a duration (e.g., 15 minutes, 30 minutes, etc.) for the ORB period. • A timezone offset is included to adjust for different market sessions. 2️⃣ ORB High and Low Calculation • The script records the highest and lowest prices within the selected ORB time window. • The recorded values remain static after the ORB period ends, ensuring accurate range plotting. 3️⃣ Historical ORB Visualization • Instead of only showing a single ORB for the current session, this indicator connects multiple ORBs across past data. • This allows traders to visually analyze previous breakout performance. • The plotted ORBs remain fixed and do not repaint, ensuring an accurate backtesting experience. 4️⃣ Stepline Visualization & Range Filling • The high and low ORB levels are displayed using stepline plots to maintain clear horizontal levels. • A shaded box is applied between the ORB high and low for better visualization. Use Cases & Strategy Application 📌 Backtesting Historical ORBs – See how past ORBs performed under different market conditions. 📌 Custom ORB Settings – Adjust the start time and duration for different trading sessions. 📌 Multi-ORB Analysis – Connect ORBs over multiple trading days to study trends and breakouts. 📌 Breakout Strategy Optimization – Use the historical ORB connections to refine entry and exit points. This indicator is particularly useful for day traders, scalpers, and breakout traders looking for a data-driven approach to trading. Indicator Development & Transparency Statement As a trader, I have tested various ORB (Opening Range Breakout) indicators available in the TradingView community. Through these experiences, I aimed to develop a version that best fits my own trading needs and strategy. This script is a self-developed ORB tool, created from scratch while drawing inspiration from the concept of opening range breakouts, which is widely used in trading. Since I initially coded in Pine Script v4, I used ChatGPT to help refine and migrate the script to Pine Script v6 to ensure compatibility with the latest TradingView features. However, the core logic, structure, and customization were entirely designed and implemented based on my own approach. I am making this indicator public not to violate any TradingView guidelines but to share my work with the trading community and provide a tool that can help others analyze ORB-based strategies. If there are any compliance concerns, I am open to adjusting the script accordingly, but I want to clarify that this is not a copy of any existing ORB script—it is a custom-built indicator tailored to my own trading preferences. I appreciate the opportunity to contribute to the community and would welcome any specific feedback from TradingView regarding rule compliance. Best regards, Janko S. (Schwarzman) Appeal to TradingView Dear TradingView Team, This script is 100% self-developed and does not copy or replicate any third-party code. It is a customized ORB tool designed for traders who wish to backtest and analyze opening range breakout strategies over multiple sessions. We kindly request specific clarification regarding which exact line(s) of code violate TradingView’s guidelines. If there are any compliance concerns, we are happy to adjust the script accordingly. Please let us know the precise rules or community guidelines that were violated so we can make the necessary modifications. 🚀 Summary ✔ Fully Custom & Self-Developed – No copied or third-party code. ✔ Innovative Feature – Connects past ORBs for strategy backtesting. ✔ Transparent & Compliant – Requesting exact details on any potential rule violations.
Pine Script® indicator
by schwarzman
3
Market Structure HH, HL, LH and LLMarket Structure Indicator (HH, HL, LH, LL) – Explanation and Usage Overview: This indicator is designed to detect and visualize market structure shifts by identifying Higher Highs (HH), Higher Lows (HL), Lower Highs (LH), and Lower Lows (LL). It plots a ZigZag structure to mark trend changes, helping traders analyze price swings and market direction. Indicator Logic: The indicator operates based on ZigZag swing points to define trend shifts and structure changes. Identifying Market Swings: It finds local highs and lows using the ZigZag Length (zigzag_len), which defines how many bars back to check for a new swing high/low. If the current high is the highest over zigzag_len periods, it marks it as a swing high. If the current low is the lowest over zigzag_len periods, it marks it as a swing low. Determining Market Structure: Uptrend: Higher Highs (HH) & Higher Lows (HL) Downtrend: Lower Lows (LL) & Lower Highs (LH) The script continuously tracks the last two highs (h0, h1) and last two lows (l0, l1) to classify the current market structure. Visual Elements: ZigZag Line (Optional): Connects major swing highs and lows for trend visualization. Labels (HH, HL, LH, LL): HH (Higher High) – Price is making new highs → Uptrend Continuation. HL (Higher Low) – Price forms a higher bottom → Uptrend Confirmation. LL (Lower Low) – Price is making new lows → Downtrend Continuation. LH (Lower High) – Price forms a lower top → Downtrend Confirmation. Breakout Confirmation with Fibonacci Factor (Optional) The indicator includes an option to confirm breakouts using the fib_factor, which ensures price moves beyond a certain retracement level. How to Use This Indicator in Trading: 1. Identifying Trends & Trend Reversals Uptrend: Look for a sequence of HH and HL. Downtrend: Look for a sequence of LL and LH. Trend Reversal: If price transitions from HH-HL to LH-LL, it signals a shift from an uptrend to a downtrend (and vice versa). 2. Confirming Entry & Exit Points Buy Entry (Long Position) Enter after a Higher Low (HL) is confirmed in an uptrend. Combine with support zones or moving averages for confirmation. Sell Entry (Short Position) Enter after a Lower High (LH) is confirmed in a downtrend. Combine with resistance zones or moving averages for confirmation. Exit Strategy Exit long trades when price fails to make a HH and forms an LH instead. Exit short trades when price fails to make a LL and forms an HL instead. 3. Spotting Breakouts & Order Blocks The Fib Factor setting allows traders to filter false breakouts by confirming price movement beyond a retracement threshold. Potential Order Blocks can be identified by looking at the last major swing point before a breakout. Benefits of This Indicator for Traders ✅ Trend Identification: Helps traders quickly determine if the market is in an uptrend or downtrend. ✅ Clear Market Structure Labels: Easily visualizes Higher Highs, Higher Lows, Lower Highs, and Lower Lows. ✅ Avoids Noise: The ZigZag algorithm removes small fluctuations and focuses on significant market movements. ✅ Assists with Entry & Exit Decisions: Provides objective signals for trend continuation or reversals. ✅ Works in All Markets: Useful for stocks, forex, crypto, and futures trading. Would you like me to add additional features like Order Blocks, Breakout Confirmation, or Alerts to improve this indicator? 🚀
Pine Script® indicator
by sufiyan1611
9
Enhanced DWMA | QuantEdgeBIntroducing Enhanced DWMA by QuantEdgeB Enhanced DWMA | QuantEdgeB is an advanced Dual Weighted Moving Average (DWMA) system with three customizable filtering methods: ATR-based filtering, Standard Deviation (SD) bands, and a For-Loop-based trend scoring system. This indicator offers a versatile, adaptive approach to trend detection, allowing traders to fine-tune settings for breakout trading, trend confirmation, or volatility-based trend filtering. Key Features: 1. DWMA – Dual Weighted Moving Average 🟣 - A smoother, adaptive moving average that applies distance-based weighting to emphasize the most relevant price movements. - Helps reduce noise while maintaining trend sensitivity. - The DWMA is further smoothed using an exponential moving average (EMA). 2. Filtering Methods:🟢 This indicator offers three different filtering styles, allowing traders to select the most suitable approach for their market strategy. 1️⃣ ATR-Based Filtering 📈 (Default) - Uses Average True Range (ATR) to dynamically adjust the upper and lower bands based on market volatility. - Expands during high volatility and contracts in stable conditions, offering a stable trend filter. 2️⃣ Standard Deviation (SD) Bands 🎯 - Uses historical price deviation to expand and contract bands dynamically. - Excellent for identifying breakout trends as SD bands widen in high volatility conditions. 3️⃣ For-Loop Trend Scoring 🔄 - Oscillator-style filtering method that assigns a trend score by comparing current and past DWMA values. - Helps quantify bullish/bearish trend strength over a given period. ___ How It Works: 1. DWMA Calculation: A unique weighting function assigns more significance to recent price movements. Further smoothed by an EMA to ensure a balanced response to trend shifts. 2. Filter Application: - The selected filter (ATR, SD, or Loop) determines the upper and lower boundaries for signal confirmation. - ATR Bands expand based on market volatility, SD Band react to standard deviation shifts, and Loop Scores measure price structure momentum. 3. Signal Production: - Long Signal (🔵): Triggered when price closes above the upper boundary of the selected filter. - Short Signal (🔴): Triggered when price closes below the lower boundary of the selected filter. - In For-Loop mode, signals are based on whether the trend score exceeds the predefined long/short threshold. 4. Live Filter Selection Display: - The selected filtering method (ATR, SD, or Loop) is displayed in the bottom-right table of the chart. - This ensures traders can easily track which filtering system is in use without checking settings manually. When For-Loop mode is not selected, the For-Loop oscillator score will appear slightly blurry, ensuring it doesn't interfere with the active filter visualization ___ How to Use It: ✅ For Trend Following & Volatility Expansion (Recommended: ATR Filtering) - ATR Bands (default) provide a stable, volatility-adjusted trend filter that ensures fewer false signals. - Use higher ATR multipliers for longer-term trends (e.g., ATR Multiplier = 1.5+ for swing trading). ✅ For Breakout & Momentum Trading (Recommended: SD Filtering) - SD Bands are ideal for capturing explosive trend movements as they expand in volatile conditions. - Works best when combined with momentum indicators (e.g., ADX, RSI) to confirm breakouts. ✅ For Smooth Trend Evaluation (Recommended: For-Loop Mode) - For-Loop mode provides a more gradual and smooth trend evaluation by scoring trend strength over time. - Can be used to confirm trade entries and exits based on long/short thresholds. - Works well for traders who prefer a less reactive, more structured approach to trend identification. ___ Customization Options: - Filter Style Selection 🎛️ - ATR (Default) ✅ - Weighted SD Bands - For-Loop Trend Scoring - DWMA & EMA Smoothing ⏳ - DWMA Length (Default: 12) - EMA Smoothing Length (Default: 12) - ATR-Based Settings 📈 - ATR Length (Default: 14) - ATR Multiplier (Default: 1.3) - SD Band Settings 📏 - SD Length (Default: 30) - Upper SD Weight (Default: 1.035) - Lower SD Weight (Default: 1.02) - For-Loop Trend Scoring Settings 🔄 - Loop Start (Default: 1) - Loop End (Default: 60) - Long Threshold (Default: 40) - Short Threshold (Default: 8) - Color Modes 🎨 - Default, Solar, Warm, Cool, Classic, X ___ Conclusion: The Enhanced DWMA | QuantEdgeB is a robust trend-following and filtering system that allows traders to adapt to different market conditions with three customizable filter styles. Whether you're looking to ride stable trends (ATR), trade breakouts (SD), or quantify trend persistence (For-Loop), this indicator provides flexibility and precision in market analysis. 🚀📈 🔹 Disclaimer: Past performance is not indicative of future results. No trading indicator can guarantee success in financial markets. 🔹 Strategic Consideration: As always, backtesting and strategic adjustments are essential to fully optimize this indicator for real-world trading. Traders should consider risk management practices and adapt settings to their specific market conditions and trading style.
Pine Script® indicator
by QuantEdgeB
5am C.R.T.Here’s a rewritten description for your **Custom Time Frame OHLC Indicator** that complies with **TradingView's House Rules** and focuses on the core functionality of the indicator: drawing the **Open, High, Low, Close (OHLC)** for a custom time frame and providing alerts when the range is broken. The description is concise, clear, and adheres to TradingView's guidelines. --- ### **Custom Time Frame OHLC Indicator with Range Break Alerts** This indicator is designed to help traders identify key price levels by drawing the **Open, High, Low, and Close (OHLC)** for a **custom time frame**. It also provides **alerts** when the price breaks above the high or below the low of the defined range. This tool is ideal for traders who rely on specific time-based ranges for their trading strategies. --- #### **Key Features** 1. **Custom Time Frame OHLC:** - Draws the **Open, High, Low, and Close (OHLC)** levels for a user-defined time frame (e.g., 5AM, 9AM, or any custom time). - The OHLC levels are displayed as horizontal lines on the chart, making it easy to visualize the range. 2. **Range Break Alerts:** - Sends **alerts** when the price breaks above the high or below the low of the defined range. - Alerts can be customized to notify traders via email, SMS, or TradingView's notification system. 3. **Flexible Time Frame:** - Traders can set the **custom time frame** to match their preferred trading session or strategy (e.g., 5AM for the 5AM CR Model or any other time). 4. **Clean and Simple Visualization:** - The OHLC levels are displayed as clear horizontal lines, ensuring the chart remains uncluttered and easy to interpret. --- #### **How to Use the Indicator** 1. **Set the Custom Time Frame:** - Input the desired time (e.g., 5:00 AM) in the indicator settings. - The indicator will automatically draw the **Open, High, Low, and Close (OHLC)** levels for that specific time frame. 2. **Monitor the Range:** - Use the OHLC levels as reference points for potential support, resistance, or breakout zones. - The high and low of the range act as key levels for breakout or reversal strategies. 3. **Receive Alerts:** - When the price breaks above the high or below the low of the range, the indicator will trigger an alert. - Traders can use these alerts to take action based on their trading strategy. --- #### **Customizable Parameters** - **Custom Time:** Set the specific time for the OHLC levels (e.g., 5:00 AM, 9:00 AM, etc.). - **Alert Settings:** Enable or disable alerts for range breaks (high or low). - **Line Colors:** Customize the colors of the OHLC lines for better visualization. --- #### **Why This Indicator is Useful** - **Simplifies Range Identification:** Automatically draws the OHLC levels for any custom time frame, saving traders time and effort. - **Alerts for Breakouts:** Provides real-time alerts when the price breaks the range, helping traders act quickly on potential trading opportunities. - **Flexible and Customizable:** Works with any time frame and can be tailored to fit various trading strategies. --- #### **Limitations** - **Time-Sensitive:** The indicator is most useful when the custom time frame aligns with key market sessions or trading strategies. - **No Predictive Power:** The indicator does not predict future price movements. It simply identifies the OHLC levels and alerts when the range is broken. - **Manual Confirmation:** Traders should use additional analysis (e.g., trend, volume, or other indicators) to confirm trading decisions. --- #### **Compliance with TradingView Rules** - **English Title and Description:** The title and description are in English, with no all-caps or special characters. - **Original and Useful:** The indicator is original and adds value to the TradingView community by simplifying the process of identifying OHLC levels and range breaks. - **No Misleading Claims:** The description clearly states the indicator's purpose, limitations, and how it should be used. - **No Lookahead Bias:** The script does not use `request.security()` with lookahead to access future data. --- ### **Example Chart Setup** - **Clean Chart:** The indicator is published with a clean chart, showing the OHLC levels for the custom time frame (e.g., 5:00 AM). - **Symbol/Timeframe:** The chart includes complete symbol and timeframe information for clarity. --- ### **Conclusion** The **Custom Time Frame OHLC Indicator with Range Break Alerts** is a simple yet powerful tool for traders who rely on specific time-based ranges in their trading strategies. By automating the process of drawing OHLC levels and providing alerts for range breaks, this indicator helps traders stay informed and act quickly on potential trading opportunities. --- This description is concise, compliant with TradingView's rules, and clearly explains the functionality and purpose of the indicator. It avoids making unrealistic claims and focuses on the practical use of the tool.
Pine Script® indicator
by originalsaucemaker
1
9:00 AM CR ModelHow to Trade the 9:00 a.m. CR Model Define the Range: 8:00 a.m. Hourly Candle: On the 1-hour chart, mark the high and low of the 8:00 a.m. candle. 9:00 a.m. 15-Minute Candle: After it closes at 9:15 a.m., mark its high and low. Identify Setup: Turtle Soup (False Breakout): Look for price to wick above the high (bearish) or below the low (bullish) and reverse. Enter at a validated level (e.g., order block, fair value gap). Breakout: Confirm a close above the high (bullish) or below the low (bearish). Use Fibonacci to find the midpoint (EQ) of the breakout candle and enter at that level. Entry Rules: Bullish Setup: Enter below the open of the relevant candle after manipulation or breakout. Bearish Setup: Enter above the open of the relevant candle after manipulation or breakout. Targets: Opposite end of the range. Key levels (e.g., prior highs/lows or standard deviations). Take partials at the midpoint of the range. Risk Management: Always validate entries using key levels or Turtle Soup setups. Avoid setups where the midpoint (EQ) is not hit.
Pine Script® indicator
by originalsaucemaker
Price Move DetectorThe Price Move Detector is a powerful technical analysis tool that automatically detects and highlights significant price movements over a user-defined time frame. This indicator allows traders to quickly identify instances where an asset has experienced a large price change, making it easier to spot potential trading opportunities. Key Features Customizable Parameters: Adjust the percentage change and time period (bars or sessions) to define what qualifies as a "significant" price move. Automatic Highlighting: The indicator overlays a background highlight on the chart whenever the price moves by the specified percentage within the chosen time period. Flexible Time Frame: Use this indicator across various timeframes and adjust the settings to suit your trading strategy, such as detecting 100% price moves over 20 sessions. Ideal for Historical Analysis: Perfect for backtesting and screening for past price surges, helping traders spot explosive price action and market trends. Use Cases Spot Potential Breakouts: Use the detector to identify stocks or assets that have made significant moves, potentially signaling the start of a breakout or new trend. Quickly Identify Major Market Moves: Scan historical data to pinpoint times when an asset experienced substantial price changes, providing insight into past performance and future potential. How to Use Customize the Settings Percentage Threshold: Set the minimum percentage increase (e.g., 50%, 100%) that qualifies as a significant move. You can experiment with different percentages to suit your analysis. Time Period (Bars): Define the lookback period (in bars/sessions) over which the price move should be measured. For example, set it to 20 bars for a one-month time frame on a daily chart. Analyze the Highlights Whenever the price increases by the defined percentage over the set period, the indicator will highlight that section of the chart with a background color. The highlighted sections will make it easy to identify historical periods of large price movements, which can be useful for spotting trends, potential breakouts, or other market behaviors. Adjust the Parameters for Your Strategy You can fine-tune the settings to detect smaller or larger price moves depending on your trading goals. The indicator is flexible enough for use on different timeframes and assets, providing valuable insights across various markets.
Pine Script® indicator
by rwak