Get started

Search in scripts for "candle"

Intraday Alpha Pro - ORB + Trend/MomentumOverview This is a pure intraday trading strategy designed for active traders seeking to capitalize on short-term price movements using two complementary modules: Opening Range Breakout (ORB) and Trend/Momentum. The strategy operates strictly within a user-defined trading session, automatically flattening all positions at session end to avoid overnight carry. It employs a points-based exit system with a trailing stop that activates only after the target is reached, ensuring disciplined risk management. Optional Martingale position sizing is included for users who prefer aggressive scaling after losses.Key Features Pure Intraday, No Carry: Trades are confined to a user-defined session (default: 9:15 AM–3:25 PM, Monday–Sunday). All positions are closed at session end. Non-Repainting: Entries are evaluated only on confirmed bar closes (barstate.isconfirmed), ensuring no lookahead or repainting. Dual Signal Modules: Opening Range Breakout (ORB): Captures breakouts above/below the high/low of a user-defined opening range (default: 9:15 AM–9:30 AM). Trend/Momentum: Combines EMA (9/21) crossovers, RSI filters, volume confirmation, and an optional 200-period MA trend filter for robust trend-following signals. Points-Based Exits: Uses fixed stop-loss (slPoints, default 16 points) and take-profit (tpPoints, default 32 points) distances. Once the take-profit level is reached, a trailing stop (trailDistPts, default 10 points) activates, ratcheting monotonically to lock in gains. Martingale Sizing (Optional): Allows position size increases after losses (up to maxQtyInput) with a reset option after wins. Cooldown Period: Prevents immediate re-entries after exits using a configurable cooldown (cooldownBars). Flexible Inputs: Toggle long/short entries, enable/disable ORB or Trend/Momentum modules, and customize all parameters (e.g., MA lengths, RSI thresholds, volume multiplier). Visuals & Alerts: Plots ORB high/low lines and moving averages (9, 21, 200). Includes alerts for long/short entries and end-of-day flattening. How It Works Session Management: Trades only within the specified tradeSes (default: 9:15 AM–3:25 PM). The ORB module uses a separate orbSes (default: 9:15 AM–9:30 AM) to calculate breakout levels. Positions are closed automatically at session end. Entry Conditions: ORB: Long when price closes above the ORB high after the ORB session ends; short when price closes below the ORB low. Trend/Momentum: Long on fast MA (default EMA 9) crossing above slow MA (default EMA 21), with RSI above rsiBuy (default 55), volume exceeding volMult (default 1.5x prior bar), and price above the 200-period MA (if enabled). Shorts use the inverse. Exit Logic: Stop-loss is set at entry price ± slPoints. Take-profit is monitored using a running high/low since entry. Once price moves tpPoints in profit, the stop trails at trailDistPts behind the current price, adjusting only in the favorable direction (never loosening). Exits use strategy.exit with stop only (no limit orders). Position Sizing: Default size is baseQtyInput (minimum 1 contract). With useMartingale enabled, size increases by martingaleFactor after a loss, capped at maxQtyInput. If resetOnWin is true, size resets to baseQtyInput after a winning trade. Cooldown: After an exit, no new trades are allowed for cooldownBars to prevent overtrading. Futures-Safe Volume: Volume filter accommodates markets with missing or zero volume data (e.g., futures), ensuring signals aren’t blocked unnecessarily. Inputs Trading Session: tradeSes (e.g., "0915-1525:1234567") and orbSes (e.g., "0915-0930:1234567"). Toggles: enableLong, enableShort, useORB, useTrendMom, useTrendFilter (200-MA). Trend/Momentum: maType (EMA/SMA), fastLen (9), slowLen (21), trendLen (200), rsiLen (14), rsiBuy (55), rsiSell (45), volMult (1.5). Exits: slPoints (16), tpPoints (32), trailDistPts (10). Martingale: useMartingale, baseQtyInput, maxQtyInput, martingaleFactor, resetOnWin. Cooldown: cooldownBars (1). Legacy (Ignored): tp1RR, tp2RR, tp3RR, tp1Pct, tp2Pct, tp3Pct, stepTrail for backward compatibility. Usage Notes Best suited for liquid, intraday markets (e.g., futures like ES, NQ, or forex pairs). Adjust slPoints, tpPoints, and trailDistPts to match instrument volatility. Use useMartingale cautiously, as it increases risk after losses. Ensure tradeSes and orbSes align with your market’s trading hours. Alerts can be set for long/short entries and EOD flattening. The strategy avoids lookahead and repainting, ensuring reliability in live trading. Risk Warning Trading involves significant risk. Backtest thoroughly and use appropriate risk management. The Martingale option can amplify losses if not carefully monitored. Past performance is not indicative of future results.
Pine Script® strategy
by bhanut
FVG Ultra Assertive - Individual Filters (mtbr)FVG Ultra Assertive - Individual Filters (mtbr) What this script offers: This strategy detects and highlights FVGs (Fair Value Gaps) on the chart, providing traders with a visual and systematic approach to identify potential price inefficiencies. The script plots bullish and bearish FVG zones using customizable boxes and labels, allowing users to easily spot high-probability trading areas. In addition, it opens and closes simulated trades based on the detected FVGs, enabling full backtesting and strategy performance evaluation. It integrates multiple independent filters to validate the strength of each FVG signal before entering a trade. How it works: The script identifies: Bullish FVGs when the current low is higher than the high of two bars ago. Bearish FVGs when the current high is lower than the low of two bars ago. Once an FVG is detected, it applies three optional independent filters: GAP/ATR Filter: Measures the FVG size relative to the Average True Range (ATR). Only gaps exceeding a user-defined multiple of ATR are considered valid. Support/Resistance (S/R) Filter: Uses pivot points to check if the FVG overlaps with recent high/low pivot levels within a tolerance percentage. This ensures the gap aligns with meaningful market levels. Stochastic Filter: Applies a stochastic oscillator to confirm momentum. Bullish FVGs are validated when stochastic values are oversold, and bearish FVGs when overbought. After passing the selected filters, the strategy opens trades: LONG FVG for bullish signals (buy) SHORT FVG for bearish signals (sell) The strategy automatically closes positions when an opposite signal appears, generating a backtest report with trades, profits, and statistics. The final bullish or bearish FVG signals are plotted as colored boxes on the chart with labels “BULL FVG” or “BEAR FVG” for immediate visual reference. How to configure it for use: Use GAP/ATR Filter: Enable or disable the ATR-based filter and adjust the ATR period (ATR Length) and minimum gap multiplier (Minimum Gap x ATR). Use S/R Filter: Enable or disable the pivot-based S/R filter. Configure the pivot lookback periods (Pivot Left and Pivot Right) and the tolerance percentage (Gap Tolerance %). Use Stochastic Filter: Enable or disable stochastic confirmation. Adjust the K and D lengths (Stoch K Length and Stoch D Length) and the overbought/oversold thresholds (Stoch Overbought and Stoch Oversold). Colors: Customize the colors for bullish and bearish FVGs (FVG Bull and FVG Bear) to match your chart preferences. Usage Tips: Apply this strategy to any timeframe; shorter timeframes generate more frequent FVGs, while higher timeframes highlight stronger gaps. Combine FVG signals with other technical analysis tools for better trade confirmation. Use the box and label visualization to quickly scan charts for trade opportunities without cluttering the chart. The strategy’s trades (LONG and SHORT) provide backtesting results and performance statistics for each signal.
Pine Script® strategy
by MestredosTradersBR
Advanced Supertrend ADX Strategy with Highest ReturnOverview This sophisticated trading strategy combines the proven Supertrend indicator with advanced momentum filters and trend strength analysis to identify high-probability long entries in trending markets. Key Features ✅ Supertrend-Based Signals: Uses optimized ATR calculations for reliable trend detection ✅ Advanced Momentum Filtering: Multiple proprietary momentum filters ensure entry quality ✅ Trend Strength Validation: ADX-based confirmation prevents false signals in weak trends ✅ Intelligent Risk Management: Dynamic stop-loss system based on price action ✅ Visual Stop Loss Indicators: Clear visual representation of risk levels How It Works The strategy enters long positions when: Supertrend indicator confirms bullish trend reversal Proprietary momentum conditions align for optimal entry timing Trend strength exceeds minimum threshold (ADX > 20) Multiple timeframe momentum filters confirm signal quality Ideal For Trending markets (stocks, forex, crypto, indices) Swing trading timeframes (15m to 4H work best) Traders seeking systematic, rule-based entries Risk-conscious traders wanting clear stop levels Settings ATR Period: Adjustable for different volatility environments (default: 10) Supertrend Factor: Fine-tune sensitivity (default: 3.0) ADX Parameters: Customize trend strength requirements Performance Notes Long-only strategy optimized for uptrending markets Works best in trending conditions, may underperform in choppy markets Designed for systematic execution with clear entry/exit rules Disclaimer Past performance does not guarantee future results. Always use proper risk management and position sizing appropriate for your account size. This is just for education purpose only and not recomanded for trading in s
Pine Script® strategy
by VikramDivekar
STRATEGY WITH POINT TP/SL BY SKBTSThe formula for the standard middle band is simply a moving average, often set to 20 periods: Middle Band = 20-period moving average (close) The upper and lower bands are calculated from the standard deviation, which measures how dispersed the price data is from the average. Upper Band = Middle Band + (2 standard deviations of 20-period close) Lower Band = Middle Band - (2 standard deviations of 20-period close) The key inputs are the 20-period moving average, the number of standard deviations (typically 2), and the 20-period standard deviation. The bands will expand and contract based on the standard deviation value. Some traders increase the standard deviation multiplier to 2.1 or 2.2 to make the bands looser and more sensitive. Decreasing the number of periods for the moving average and standard deviation will also increase sensitivity.
Pine Script® strategy
by brajkaladla92780c73w
Adaptive ATR Guardian [自适应 ATR 守护者]自适应ATR守护者 | Adaptive ATR Guardian ——多品种智能交易防护策略 | Multi-Asset Intelligent Trading Protection Strategy 核心功能 | Core Features 1. 自动识别交易品种| Automatic Asset Detection • 智能识别BTC/USD、XAU/USD等品种 • Auto-detects assets (e.g., BTC/USD, XAU/USD) • 动态调整参数：ATR倍数、止盈止损比例 • Dynamic parameter tuning (ATR multipliers, TP/SL ratios) 2. 自适应ATR风控 | Adaptive ATR Risk Control • 基于真实波动率（ATR）动态计算止盈止损 • TP/SL levels adjust with ATR volatility • 参数自动优化：BTC（3xTP/1.5xSL) ,黄金（2xTP/1xSL） • Auto-optimized: BTC (3xTP/1.5xSL), Gold (2xTP/1xSL) 3. 实时动态跟踪 | Real-Time Tracking • 持仓期间止盈止损线实时更新 • Live TP/SL line updates during trades • 可视化提示：绿色止盈线、红色止损线 • Visual cues: Green TP line, Red SL line 4. 趋势跟随逻辑 | Trend-Following Logic • 双均线交叉（9MA & 21MA）触发信号 • Dual MA crossover (9MA & 21MA) for entries • 金叉做多 / 死叉做空 • Long on Golden Cross, Short on Death Cross 5. 专业可视化界面 | Professional Visualization • 图表标签显示关键参数 • On-chart label shows settings • 自适应K线范围展示所有标记 • Auto-adjusts plot ranges for clarity
Pine Script® strategy
by Jasperrrr23
Estrategia de NY ORB por CPThis strategy marks the New York market opening range during the first 15 minutes and confirms a buy or sell entry once the price returns and retests that range. It’s designed to capture trades of 60 points or more after the range has been retested. I suggest complementing the strategy with an indicator that highlights FVGs (Fair Value Gaps) or order blocks to better understand what price is doing and where it’s heading. esta estrategia te marca el rango de apertura del mercado de ny de los primeros 15 minutos y te confirma entrada en venta o compra una vez que el precio regrese y retestee el rango. esta diseñada para tener trades de 60 puntos o mas una vez que el rango sea retesteado. sugiero acompañar la estrategia con algun indicador que marque fvg o order blocks para tener una mejor de lo que el precio esta haciendo y hacia donde se dirige.
Pine Script® strategy
by chrismrls20
MomentumSync-PSAR: RSI·ADX Filtered 3-Tier Exit StrategyTriSAR-E3 is a precision swing trading strategy designed to capitalize on early trend reversals using a Triple Confirmation Model. It triggers entries based on an early Parabolic SAR bullish flip, supported by RSI strength and ADX trend confirmation, ensuring momentum-backed participation. Exits are tactically managed through a 3-step staged exit after a PSAR bearish reversal is detected, allowing gradual profit booking and downside protection. This balanced approach captures trend moves early while intelligently scaling out, making it suitable for directional traders seeking both agility and control.
Pine Script® strategy
by tarangbharti18
ICT OTE Strategy Crypto PublicICT OTE Strategy Crypto Public This strategy automates a classic ICT (Inner Circle Trader) setup specifically tailored for the high-volatility nature of cryptocurrency markets. It aims to enter a trade on a retracement after a confirmed Break of Structure (BOS), using a dual-swing detection method to validate the market's direction before looking for an entry. The entire process is automated, from identifying the market structure to managing the trade with advanced risk management options. This version uses a percentage of equity for its order sizing, which is ideal for crypto trading. How It Works Dual Swing Detection: The strategy uses two different sets of swing strengths to analyze market structure for higher accuracy: Entry Swings: Weaker, more sensitive swings used to define the immediate dealing range for a potential trade. Validator Swings: Stronger, more significant swings used to confirm a true Break of Structure. Break of Structure (BOS): A trade setup is only considered valid after a strong "Validator" swing breaks through a previous "Entry" swing. This confirms the market's intended direction and filters out weak or false moves. Identify Retracement Leg: After a confirmed BOS, the strategy identifies the most recent "Entry Swing" price leg that led to the break. Auto-Fibonacci: It automatically draws a Fibonacci retracement over this leg, from the start of the move (1.0) to the end (0.0). Trade Entry: A limit order is placed at a user-defined Fibonacci level (defaulting to 0.618), anticipating a price pullback into a discount or premium array. After a bullish BOS, it looks to BUY the retracement. After a bearish BOS, it looks to SELL the retracement. Risk Management: Stop Loss is placed at the start of the leg (the 1.0 level). Take Profit is placed at a user-defined level (defaulting to the 0.0 level, with extension options). Includes an option to move the stop loss to break-even after the trade has moved a certain distance in profit. How to Use Asset Selection: This strategy is designed for cryptocurrency markets. Its use of percentage-based order sizing is not suitable for tick-based markets like futures. Swing Settings: Adjust the "Entry Swing" and "Validator" strengths to match the volatility and timeframe of the asset you are trading. Higher numbers will result in fewer, more significant setups. Backtest: Use the Strategy Tester to optimize the "FIB Entry Level," "Take Profit Level," and "Swing Sensitivity" to find the best settings for your specific market and timeframe.
Pine Script® strategy
by DropkingICT