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FVG Detector [TradingFinder] Fair Value Gap-Imbalance-Mitigated🔵 Introduction When the market makes a strong move in the form of a "Marubozu" or "Spike" candlestick and consecutive candles move without a retracement, the maximum place where a "FVG" or "Fair Value Gap" is created. 🔵 Definition To describe this precisely, whenever a move occurs where the current candle does not cover the body of the previous and subsequent candles, a fair value gap is created. Important : The significant point is that, because there is no equilibrium between buyers and sellers in these conditions, and market power is in the hands of buyers or sellers, the market is likely to move towards these areas. An example of "FVG" in a price increase where we expect buying on the return to it. An example of "FVG" in a downward trend where the market will move towards it in a downward direction. 🔵 How to Use 🟣 Bearish FVG In a downward trend, "orange boxes" are drawn, which are the same and can act as "support" zones along the downward path, and we expect the price to continue its downward trend on return. 🟣 Bullish FVG In an upward trend, "green boxes" are drawn, which are . They act exactly like support in the upward path, and we expect the price to continue its upward trend on return. 🟣 Auxiliary Definitions Imbalance : As mentioned above, market power is in the hands of one of the two sides, buyers or sellers, and a non-equilibrium zone is created. It may be completed in whole or in part in subsequent price movements. Mitigated : If the price returns to the "FVG" area and fills it, we call it "Mitigated," and most "pending" or "profit and loss limits" positions are executed. We will not have a specific reaction on the return of the price. 🔵 Settings Very Aggressive : In addition to the initial condition, another condition is added. For an upward FVG, the maximum price of the last candle should be larger than the middle candle's maximum price. Similarly, for a downward FVG, the minimum price of the last candle should be smaller than the middle candle's minimum price. In this mode, a very small number of FVGs are eliminated. Aggressive : In addition to the conditions of the Very Aggressive mode, in this mode, the size of the middle candle should not be small. In this mode, a larger number of FVGs are eliminated. Defensive : In addition to the conditions of the Very Aggressive mode, in this mode, the size of the middle candle should be relatively large, and the majority of it should be made up of the body. Additionally, to identify upward FVGs, the second and third candles must be positive, and to identify downward FVGs, the second and third candles must be negative. In this mode, a large number of FVGs are eliminated, leaving only those with suitable quality. Very Defensive : In addition to the conditions of the Defensive mode, the first and third candles should not be very small-bodied doji candles. In this mode, the majority of FVGs are filtered out, leaving only the highest quality ones. 🔵 Features Show Demand FVG : Displays demand-related boxes, which can be "off" and "on." Show Supply FVG : Displays supply-related boxes along the path, and can be turned "off" and "on." 🔵 Indicator Advantages In this indicator, I have implemented 4 types of "filters" that allow you to select one based on the trading symbol, timeframe, etc. From "Very Aggressive" to "Very Defensive" mode, it is possible to select. In most indicators, all FVGs are displayed, and the chart becomes full of lines. But this unique feature allows the trader to manage the drawing of boxes.
Pine Script® indicator
by TFlab
9
Three Bar Gap (Simple Price Action - with 1 line plot)This script is tailored towards experienced traders who prefer to view raw price charts during live execution. It searches for a three-bar pattern of what is colloquially called "fair value gap", or "imbalance" and uses a single line to plot the results. The goal is to display price in a way that is as simple as possible so that chart readers who don't prefer to add indicators on their screen will still find this indicator as an acceptable option to consider for. From a code perspective, this script explores a new PineScript feature called UDT (user-defined types). This is an incredible update because it brings developers one step close to having the ability to create abstract data types. █ What is price action? Experienced traders will tell you that the chart that they use for live execution is raw, clean, and uses no indicators. They say they execute on price action, so what exactly is price action? There is no formal definition to it, but one can agree that it implies the process of analyzing price without considering the fundamentals, without needing to know what the news was about, and without needing to know any of the Greeks (except for the desire to “seek alpha” Ha.haa...). This is not to say that price action traders are executing in their own vacuums without the need to know what is happening around the world. Surely fundamentals and financial models can be used beforehand for developing a bias for what is being traded, but it’s price-first at the moment of execution. That said, Factor (A) is Price. Factor (B) is time-perception, it’s how the trader reads the tape. How the trader perceives price to change with respect to time is valuable information. Interpretation of "time" will be elaborated in the next section that talks about candlestick patterns detected by this script. Putting this together, price action means the analysis of price movement by only considering (A) price, and (B) time, to predict which direction the market will move. A speculative trader is timing the market with the expectation to make a quick in-and-out profit; she/she is using price action. On the other hand, a long term investor holding a diversified portfolio with a strategy based on modern portfolio theory combined with fundamental analysis (at this point candlesticks are irrelevant) but has one additional criteria of, say, can only go Long on a stock when it has closed Green on Daily; he/she is also considered to be executing on price action. █ Candlestick patterns This script calculates the displacement of highs and lows over three consecutive bars. A) Down move = When High of the recent confirmed bar is lower than the Low of the previous-previous candle B) Up move = When Low of the recent confirmed bar is higher than the High of the previous-previous candle (Note that its the confirmed bar that is being talked about, so it does not repaint) An ATR filter will be applied to reduce the number of lines generated as many times they might just be associated with minor price changes. Interpretations: When price moves quickly across three bars, it can be thought that it has gapped. Although the candle in the middle appears to be solid, it’s not from a conceptual perspective. This is because time itself is arbitrary; timeframes don’t necessarily have to be fixed intervals. Take stocks with regular trading hours for example, if price makes a breakaway gap and you bundle the after-hours and pre-market sessions together as one candle, never minding that intervals should be fixed, then you will see the exact three-bar-gap patterns. Similar happens during intraday sessions on lower timeframes, if you zoom-in closer, you’ll see that ticks within the middle candle are sparsely dispersed. This is why it's called a gap. █ Parameters with fixed inputs & assumptions used: ATR is used for filtering out minor movements that will likely be deemed as irrelevant by trader for the purpose of live execution. The following inputs are required: A) ATR lookback period B) Multiplier The product of ATR(len=A) and B produces a threshold for minimum distance that price must gap by. Initially, it was proposed to be only based on one ATR, but often an ATR is too wide and using it will filter out too many lines. Because of this observation, a multiplier (Parameter B) has been introduced to allow users to apply fractional ATR as a threshold. █ Applications: For trend followers: Follow the direction of the gap. Entering above recent high/low points above/below the first impulse with a stop-limit order is a viable tactic. For contrarians fading a trend: The mid-point is a good point of reference for predicting potential areas of support/resistance.
Pine Script® indicator
by DojiEmoji
6
Mark FVGsMark FVGs is marking FVG (stands for Fair Value Gap, other name is Imbalance or IMB) on your chart so that you can instantly detect them It supports: - marking bullish and bearish partly filled or unfilled FVGs of the current timeframe - marking bullish and bearish already filled FVGs of the current timeframe - marking bullish and bearish FVGs of the any 4 timeframes on your current timeframe technically it re-builds them on the last bar or as soon as new realtime bar is updated. it looks with 1k bars back to find the nearest specific number of FGVs Adjustments: - changing the maximum number of FVGs to display. - changing the color of FVG area - displaying already filled FVG of the current time frame - changing the mode of displaying area it can either extended or fixed width - displaying labels of other time frame FVGs
Pine Script® indicator
by MarkTools
49
Swing Points & FVGClassic ITH/ITL Intermediate Term High - High that has short term high on either of it's side. Intermediate Term Low - Low that has short term low on either of it's side. FVG The indicator also marks Fair Value Gaps which is a very important concept in price action trading. FVGs are formed when there is ineffeciency,or imbalance, in the market. Rebalanced ITH/ITL Rebalanced ITH - A short term high that rebalanced the ineffeciency in price can be considered as an Intermediate Term High. Rebalanced ITL - A short term low that rebalanced the ineffeciency in price can be considered as an Intermediate Term Low. Use the ITH and ITL points marked by the indicator to determine the structure of the market. Indicator repaints only when it tries to identify the latest ITH/ITL.
Pine Script® indicator
by Vulnerable_human_x
15
HTF FVG and Wick Fill trackingImbalances in the charts are some of the clearest and most traded price areas. Two of the best and most used are fair value gaps FVGs and large candle wicks. In both of these price appears to move in such a way that most are left behind having 'missed' the move. But in reality price will often come back to these price points to re-balance and absorb the liquidity that was left behind. This indicator takes these areas and makes viewing and tracking them clearer than ever. It does this, by first allowing the user to overlay a higher timeframe candle on the current chart. This in itself provides an in depth look at a higher timeframe candle both as it forms and in its final form. Next the indicator identifies either the FVG or large wicks, on the chosen higher timeframe, all while the chart remains on a lower timeframe. As seen here the fair value gaps are clearly highlighted, taken from a 4 hour timeframe, while the actual chart is on 15 minutes. This allows the user even greater accuracy in identifying their key trading areas. Utilizing the indicators unique feature, these areas can optionally be extended forward to the current timeframe and 'filled' in realtime. Areas that are filled to the users defined level, will be removed from the chart. With supplementary settings for how much history to show, how large of a wick should be highlighted and complete control over the colour scheme, users will be able to track and understand the filling of imbalances like never before.
Pine Script® indicator
by Texmoonbeam
11
NX - ICT PD Arrays (Enhanced v2) Credit to asyncoderCredit to @asyncoder This is a TradingView Pine Script indicator that identifies and displays ICT (Inner Circle Trader) Premium Discount Arrays on a price chart. Here's what it does: What It Shows The indicator detects two key price action concepts: 1. Fair Value Gaps (FVGs) Bullish FVG (BISI): When there's a gap between the current candle's low and the low of 2 candles ago, indicating unfilled buy-side imbalance Bearish FVG (SIBI): When there's a gap between the current candle's high and the high of 2 candles ago, indicating unfilled sell-side imbalance 2. Order Blocks (OBs) Bullish OB: A down candle followed by strong upward price movement (displacement), suggesting institutional buying Bearish OB: An up candle followed by strong downward displacement, suggesting institutional selling How It Works The indicator scans the last 250 bars (configurable) and: Detects patterns - Looks for the specific candle formations that create FVGs and OBs Filters quality - Uses multiple criteria to show only significant zones: Minimum gap/block size relative to ATR (volatility) Minimum price displacement percentage Optional swing point alignment Significance scoring (0-100 scale) Draws boxes - Creates colored zones on the chart that extend forward until price fills them (touches the zone) Adjustable sensitivity - Offers presets from "Very High" (shows many zones) to "Low" (shows only the strongest), or custom filtering Trading Use These zones are considered areas where institutional orders may be waiting, potentially acting as support/resistance. Traders watch for price reactions when these unfilled zones are tested. The indicator helps identify these levels automatically rather than marking them manually.
Pine Script® indicator
by dannydholmes1
Nef33-Volume Footprint ApproximationDescription of the "Volume Footprint Approximation" Indicator Purpose The "Volume Footprint Approximation" indicator is a tool designed to assist traders in analyzing market volume dynamics and anticipating potential trend changes in price. It is inspired by the concept of a volume footprint chart, which visualizes the distribution of trading volume across different price levels. However, since TradingView does not provide detailed intrabar data for all users, this indicator approximates the behavior of a footprint chart by using available volume and price data (open, close, volume) to classify volume as buy or sell, calculate volume delta, detect imbalances, and generate trend change signals. The indicator is particularly useful for identifying areas of high buying or selling activity, imbalances between supply and demand, delta divergences, and potential reversal points in the market. It provides specific signals for bullish and bearish trend changes, making it suitable for traders looking to trade reversals or confirm trends. How It Works The indicator uses volume and price data from each candlestick to perform the following calculations: Volume Classification: Classifies the volume of each candlestick as "buy" or "sell" based on price movement: If the closing price is higher than the opening price (close > open), the volume is classified as "buy." If the closing price is lower than the opening price (close < open), the volume is classified as "sell." If the closing price equals the opening price (close == open), it compares with the previous close to determine the direction: If the current close is higher than the previous close, it is classified as "buy." If the current close is lower than the previous close, it is classified as "sell." If the current close equals the previous close, the classification from the previous bar is used. Delta Calculation: Calculates the volume delta as the difference between buy volume and sell volume (buyVolume - sellVolume). A positive delta indicates more buy volume; a negative delta indicates more sell volume. Imbalance Detection: Identifies imbalances between buy and sell volume: A buy imbalance occurs when buy volume exceeds sell volume by a defined percentage (default is 300%). A sell imbalance occurs when sell volume exceeds buy volume by the same percentage. Delta Divergence Detection: Positive Delta Divergence: Occurs when the price is falling (for at least 2 bars) but the delta is increasing or becomes positive, indicating that buyers are entering despite the price decline. Negative Delta Divergence: Occurs when the price is rising (for at least 2 bars) but the delta is decreasing or becomes negative, indicating that sellers are entering despite the price increase. Trend Change Signals: Bullish Signal (trendChangeBullish): Generated when the following conditions are met: There is a positive delta divergence. The delta has moved from a negative value (e.g., -500) to a positive value (e.g., +200) over the last 3 bars. There is a buy imbalance. The price is near a historical support level (approximated as the lowest low of the last 50 bars). Bearish Signal (trendChangeBearish): Generated when the following conditions are met: There is a negative delta divergence. The delta has moved from a positive value (e.g., +500) to a negative value (e.g., -200) over the last 3 bars. There is a sell imbalance. The price is near a historical resistance level (approximated as the highest high of the last 50 bars). Visual Elements The indicator is displayed in a separate panel below the price chart (overlay=false) and includes the following elements: Volume Histograms: Buy Volume: Represented by a green histogram. Shows the volume classified as "buy." Sell Volume: Represented by a red histogram. Shows the volume classified as "sell." Note: The histograms overlap, and the last plotted histogram (red) takes visual precedence, meaning the sell volume may cover the buy volume if it is larger. Delta Line: Delta Volume: Represented by a blue line. Shows the difference between buy and sell volume. A line above zero indicates more buy volume; a line below zero indicates more sell volume. A dashed gray horizontal line marks the zero level for easier interpretation. Imbalance Backgrounds: Buy Imbalance: Light green background when buy volume exceeds sell volume by the defined percentage. Sell Imbalance: Light red background when sell volume exceeds buy volume by the defined percentage. Divergence Backgrounds: Positive Delta Divergence: Lime green background when a positive delta divergence is detected. Negative Delta Divergence: Fuchsia background when a negative delta divergence is detected. Trend Change Signals: Bullish Signal: Green label with the text "Bullish Trend Change" when the conditions for a bullish trend change are met. Bearish Signal: Red label with the text "Bearish Trend Change" when the conditions for a bearish trend change are met. Information Labels: Below each bar, a label displays: Total Vol: The total volume of the bar. Delta: The delta volume value. Alerts The indicator generates the following alerts: Positive Delta Divergence: "Positive Delta Divergence Detected! Price is falling, but delta is increasing." Negative Delta Divergence: "Negative Delta Divergence Detected! Price is rising, but delta is decreasing." Bullish Trend Change Signal: "Bullish Trend Change Signal! Positive Delta Divergence, Delta Rise, Buy Imbalance, and Near Support." Bearish Trend Change Signal: "Bearish Trend Change Signal! Negative Delta Divergence, Delta Drop, Sell Imbalance, and Near Resistance." These alerts can be configured in TradingView to receive real-time notifications. Adjustable Parameters The indicator allows customization of the following parameters: Imbalance Threshold (%): The percentage required to detect an imbalance between buy and sell volume (default is 300%). Lookback Period for Divergence: Number of bars to look back for detecting price and delta trends (default is 2 bars). Support/Resistance Lookback Period: Number of bars to look back for identifying historical support and resistance levels (default is 50 bars). Delta High Threshold (Bearish): Minimum delta value 2 bars ago for the bearish signal (default is +500). Delta Low Threshold (Bearish): Maximum delta value in the current bar for the bearish signal (default is -200). Delta Low Threshold (Bullish): Maximum delta value 2 bars ago for the bullish signal (default is -500). Delta High Threshold (Bullish): Minimum delta value in the current bar for the bullish signal (default is +200). Practical Use The indicator is useful for the following purposes: Identifying Trend Changes: The trend change signals (trendChangeBullish and trendChangeBearish) indicate potential price reversals. For example, a bullish signal near a support level may be an opportunity to enter a long position. Detecting Divergences: Delta divergences (positive and negative) can anticipate trend changes by showing a disagreement between price movement and underlying buying/selling pressure. Finding Key Levels: Imbalances (green and red backgrounds) often coincide with support and resistance levels, helping to identify areas where the market might react. Confirming Trends: A consistently positive delta in an uptrend or a negative delta in a downtrend can confirm the strength of the trend. Identifying Failed Auctions: Although not detected automatically, you can manually identify failed auctions by observing a price move to new highs/lows with decreasing volume in the direction of the move. Limitations Intrabar Data: It does not use detailed intrabar data, making it less precise than a native footprint chart. Approximations: Volume classification and support/resistance detection are approximations, which may lead to false signals. Volume Dependency: It requires reliable volume data, so it may be less effective on assets with inaccurate volume data (e.g., some forex pairs). False Signals: Divergences and imbalances do not always indicate a trend change, especially in strongly trending markets. Recommendations Combine with Other Indicators: Use tools like RSI, MACD, support/resistance levels, or candlestick patterns to confirm signals. Trade on Higher Timeframes: Signals are more reliable on higher timeframes like 1-hour or 4-hour charts. Perform Backtesting: Evaluate the indicator's accuracy on historical data to adjust parameters and improve effectiveness. Adjust Parameters: Modify thresholds (e.g., imbalanceThreshold or supportResistanceLookback) based on the asset and timeframe you are trading. Conclusion The "Volume Footprint Approximation" indicator is a powerful tool for analyzing volume dynamics and anticipating price trend changes. By classifying volume, calculating delta, detecting imbalances and divergences, and generating trend change signals, it provides traders with valuable insights into market buying and selling pressure. While it has limitations due to the lack of intrabar data, it can be highly effective when used in combination with other technical analysis tools and on assets with reliable volume data.
Pine Script® indicator
by neftali1327
ICT Concepts [LuxAlgo]The ICT Concepts indicator regroups core concepts highlighted by trader and educator "The Inner Circle Trader" (ICT) into an all-in-one toolkit. Features include Market Structure (MSS & BOS), Order Blocks, Imbalances, Buyside/Sellside Liquidity, Displacements, ICT Killzones, and New Week/Day Opening Gaps. 🔶 SETTINGS 🔹 Mode When Present is selected, only data of the latest 500 bars are used/visualized, except for NWOG/NDOG 🔹 Market Structure Enable/disable Market Structure. Length: will set the lookback period/sensitivity. In Present Mode only the latest Market Structure trend will be shown, while in Historical Mode, previous trends will be shown as well: You can toggle MSS/BOS separately and change the colors: 🔹 Displacement Enable/disable Displacement. 🔹 Volume Imbalance Enable/disable Volume Imbalance. # Visible VI's: sets the amount of visible Volume Imbalances (max 100), color setting is placed at the side. 🔹 Order Blocks Enable/disable Order Blocks. Swing Lookback: Lookback period used for the detection of the swing points used to create order blocks. Show Last Bullish OB: Number of the most recent bullish order/breaker blocks to display on the chart. Show Last Bearish OB: Number of the most recent bearish order/breaker blocks to display on the chart. Color settings. Show Historical Polarity Changes: Allows users to see labels indicating where a swing high/low previously occurred within a breaker block. Use Candle Body: Allows users to use candle bodies as order block areas instead of the full candle range. Change in Order Blocks style: 🔹 Liquidity Enable/disable Liquidity. Margin: sets the sensitivity, 2 points are fairly equal when:        'point 1' < 'point 2' + (10 bar Average True Range / (10 / margin)) and        'point 1' > 'point 2' -   (10 bar Average True Range / (10 / margin)) # Visible Liq. boxes: sets the amount of visible Liquidity boxes (max 50), this amount is for Sellside and Buyside boxes separately. Colour settings. Change in Liquidity style: 🔹 Fair Value Gaps Enable/disable FVG's. Balance Price Range: this is the overlap of latest bullish and bearish Fair Value Gaps.      By disabling Balance Price Range only FVGs will be shown. Options: Choose whether you wish to see FVG or Implied Fair Value Gaps (this will impact Balance Price Range as well) # Visible FVG's: sets the amount of visible FVG's (max 20, in the same direction). Color settings. Change in FVG style: 🔹 NWOG/NDOG Enable/disable NWOG; color settings; amount of NWOG shown (max 50). Enable/disable NDOG    ; color settings; amount of NDOG     shown (max 50). 🔹 Fibonacci This tool connects the 2 most recent bullish/bearish (if applicable) features of your choice, provided they are enabled. 3 examples (FVG, BPR, OB): Extend lines -> Enabled (example OB): 🔹 Killzones Enable/disable all or the ones you need. Time settings are coded in the corresponding time zones. 🔶 USAGE By default, the indicator displays each feature relevant to the most recent price variations in order to avoid clutter on the chart & to provide a very similar experience to how a user would contruct ICT Concepts by hand. Users can use the historical mode in the settings to see historical market structure/imbalances. The ICT Concepts indicator has various use cases, below we outline many examples of how a trader could find usage of the features together. In the above image we can see price took out Sellside liquidity, filled two bearish FVGs, a market structure shift, which then led to a clean retest of a bullish FVG as a clean setup to target the order block above. Price then fills the OB which creates a breaker level as seen in yellow. Broken OBs can be useful for a trader using the ICT Concepts indicator as it marks a level where orders have now been filled, indicating a solidified level that has proved itself as an area of liquidity. In the image above we can see a trade setup using a broken bearish OB as a potential entry level. We can see the New Week Opening Gap (NWOG) above was an optimal level to target considering price may tend to fill / react off of these levels according to ICT. In the next image above, we have another example of various use cases where the ICT Concepts indicator hypothetically allow traders to find key levels & find optimal entry points using market structure. In the image above we can see a bearish Market Structure Shift (MSS) is confirmed, indicating a potential trade setup for targeting the Balanced Price Range imbalance (BPR) below with a stop loss above the buyside liquidity. Although what we are demonstrating here is a hindsight example, it shows the potential usage this toolkit gives you for creating trading plans based on ICT Concepts. Same chart but playing out the history further we can see directly after price came down to the Sellside liquidity & swept below it... Then by enabling IFVGs in the settings, we can see the IFVG retests alongside the Sellside & Buyside liquidity acting in confluence. Which allows us to see a great bullish structure in the market with various key levels for potential entries. Here we can see a potential bullish setup as price has taken out a previous Sellside liquidity zone and is now retesting a NWOG + Volume Imbalance. Users also have the option to display Fibonacci retracements based on market structure, order blocks, and imbalance areas, which can help place limit/stop orders more effectively as well as finding optimal points of interest beyond what the primary ICT Concepts features can generate for a trader. In the above image we can see the Fibonacci extension was selected to be based on the NWOG giving us some upside levels above the buyside liquidity. 🔶 DETAILS Each feature within the ICT Concepts indicator is described in the sub sections below. 🔹 Market Structure Market structure labels are constructed from price breaking a prior swing point. This allows a user to determine the current market trend based on the price action. There are two types of Market Structure labels included: Market Structure Shift (MSS) Break Of Structure (BOS) A MSS occurs when price breaks a swing low in an uptrend or a swing high in a downtrend, highlighting a potential reversal. This is often labeled as "CHoCH", but ICT specifies it as MSS. On the other hand, BOS labels occur when price breaks a swing high in an uptrend or a swing low in a downtrend. The occurrence of these particular swing points is caused by retracements (inducements) that highlights liquidity hunting in lower timeframes. 🔹 Order Blocks More significant market participants (institutions) with the ability of placing large orders in the market will generally place a sequence of individual trades spread out in time. This is referred as executing what is called a "meta-order". Order blocks highlight the area where potential meta-orders are executed. Bullish order blocks are located near local bottoms in an uptrend while bearish order blocks are located near local tops in a downtrend. When price mitigates (breaks out) an order block, a breaker block is confirmed. We can eventually expect price to trade back to this breaker block offering a new trade opportunity. 🔹 Buyside & Sellside Liquidity Buyside / Sellside liquidity levels highlight price levels where market participants might place limit/stop orders. Buyside liquidity levels will regroup the stoploss orders of short traders as well as limit orders of long traders, while Sellside liquidity levels will regroup the stoploss orders of long traders as well as limit orders of short traders. These levels can play different roles. More informed market participants might view these levels as source of liquidity, and once liquidity over a specific level is reduced it will be found in another area. 🔹 Imbalances Imbalances highlight disparities between the bid/ask, these can also be defined as inefficiencies, which would suggest that not all available information is reflected by the price and would as such provide potential trading opportunities. It is common for price to "rebalance" and seek to come back to a previous imbalance area. ICT highlights multiple imbalance formations: Fair Value Gaps: A three candle formation where the candle shadows adjacent to the central candle do not overlap, this highlights a gap area. Implied Fair Value Gaps: Unlike the fair value gap the implied fair value gap has candle shadows adjacent to the central candle overlapping. The gap area is constructed from the average between the respective shadow and the nearest extremity of their candle body. Balanced Price Range: Balanced price ranges occur when a fair value gap overlaps a previous fair value gap, with the overlapping area resulting in the imbalance area. Volume Imbalance: Volume imbalances highlight gaps between the opening price and closing price with existing trading activity (the low/high overlap the previous high/low). Opening Gap: Unlike volume imbalances opening gaps highlight areas with no trading activity. The low/high does not reach previous high/low, highlighting a "void" area. 🔹 Displacement Displacements are scenarios where price forms successive candles of the same sentiment (bullish/bearish) with large bodies and short shadows. These can more technically be identified by positive auto correlation (a close to open change is more likely to be followed by a change of the same sign) as well as volatility clustering (large changes are followed by large changes). Displacements can be the cause for the formation of imbalances as well as market structure, these can be caused by the full execution of a meta order. 🔹 Kill Zones Killzones represent different time intervals that aims at offering optimal trade entries. Killzones include: - New York Killzone (7:9 ET) - London Open Killzone (2:5 ET) - London Close Killzone (10:12 ET) - Asian Killzone (20:00 ET) 🔶 Conclusion & Supplementary Material This script aims to emulate how a trader would draw each of the covered features on their chart in the most precise representation to how it's actually taught by ICT directly. There are many parallels between ICT Concepts and Smart Money Concepts that we released in 2022 which has a more general & simpler usage: ICT Concepts, however, is more specifically aligned toward the community's interpretation of how to analyze price 'based on ICT', rather than displaying features to have a more classic interpretation for a technical analyst.
Pine Script® indicator
by LuxAlgo
174
Depth of Market (DOM) [LuxAlgo]The Depth Of Market (DOM) tool allows traders to look under the hood of any market, taking price and volume analysis to the next level. The following features are included: DOM, Time & Sales, Volume Profile, Depth of Market, Imbalances, Buying Pressure, and up to 24 key intraday levels (it really packs a punch). As a disclaimer, this tool does not use tick data, it is a DOM reconstruction from the provided real-time time series data (price and volume). So the volume you see is from filled orders only, this tool does not show unfilled limit orders. Traders can enable or disable any of the features at will to avoid being overwhelmed with too much information and to make the tool perform faster. The features that have the biggest impact on performance are Historical Data Collection, Key Levels (POC & VWAP), Time & Sales, Profile, and Imbalances. Disable these features to improve the indicator computational performance. 🔶 DOM This is the simplest form of the tool, a simple DOM or ladder that displays the following columns: PRICE: Price level BID: Total number of market sell orders filled or limit buy orders filled. SELL: Sell market orders BUY: Buy market orders ASK: Total number of market buy orders filled or limit sell orders filled. The DOM only collects historical data from the last 24 hours and real-time data. Traders can select a reset period for the DOM with two options: DAILY: Resets at the beginning of each trading day SESSIONS: Resets twice, as DAILY and 15.5 hours later, to coincide with the start of the RTH session for US tickers. The DOM has two main modes, it can display price levels as ticks or points. The default is automatic based on the current daily volatility, but traders can manually force one mode or the other if they wish. For convenience, traders have the option to set the number of lines (price levels), and the size of the text and to display only real-time data. By default, the top price is set to 0 so that the DOM automatically adjusts the price levels to be displayed, but traders can set the top price manually so that the tool displays only the desired price levels in a fixed manner. 🔹 Volume Profile As additional features to the basic DOM, traders have access to the volume profile histogram and the total volume per price level. This helps traders identify at a glance key price areas where volume is accumulating (high volume nodes) or areas where volume is lacking (low volume nodes) - these areas are important to some traders who base their decision-making process on them. 🔹 Imbalances Other added features are imbalances and buying pressure: Interlevel Imbalance: volume delta between two different price levels Intralevel Imbalance: delta between buy and sell volume at the same price level Buying Pressure Percent: percentage of buy volume compared to total volume Imbalances can help traders identify areas of interest in the price for possible support or resistance. 🔹 Depth Depth allows traders to see at a glance how much supply is above the current price level or how much demand is below the current price level. Above the current price level shows the cumulative ask volume (filled sell limit orders) and below the current price level shows the cumulative bid volume (filled buy limit orders). 🔶 KEY LEVELS The tool includes up to 24 different key intraday levels of particular relevance: Previous Week Levels PWH: Previous week high PWL: Previous week low PWM: Previous week middle PWS: Previous week settlement (close) Previous Day Levels PDH: Previous day high PDL: Previous day low PDM: Previous day middle PDS: Previous day settlement (close) Current Day Levels OPEN: Open of day (or session) HOD: High of day (or session) LOD: Low of day (or session) MOD: Middle of day (or session) Opening Range ORH: Open range high ORL: Open range low Initial Balance IBH: Initial balance high IBL: Initial balance low VWAP +3SD: Volume weighted average price plus 3 standard deviations +2SD: Volume weighted average price plus 2 standard deviations +1SD: Volume weighted average price plus 1 standard deviation VWAP: Volume weighted average price -1SD: Volume weighted average price minus 1 standard deviation -2SD: Volume weighted average price minus 2 standard deviations -3SD: Volume weighted average price minus 3 standard deviations POC: Point of control Different traders look at different levels, the key levels shown here are objective and specific areas of interest that traders can act on, providing us with potential areas of support or resistance in the price. 🔶 TIME & SALES The tool also features a full-time and sales panel with time, price, and size columns, a size filter, and the ability to set the timezone to display time in the trader's local time. The information shown here is what feeds the DOM and it can be useful in several ways, for example in detecting absorption. If a large number of orders are coming into the market but the price is barely moving, this indicates that there is enough liquidity at these levels to absorb all these orders, so if these orders stop coming into the market, the price may turn around. 🔶 SETTINGS Period: Select the anchoring period to start data collection, DAILY will anchor at the start of the trading day, and SESSIONS will start as DAILY and 15.5 hours later (RTH for US tickers). Mode: Select between AUTO and MANUAL modes for displaying TICKS or POINTS, in AUTO mode the tool will automatically select TICKS for tickers with a daily average volatility below 5000 ticks and POINTS for the rest of the tickers. Rows: Select the number of price levels to display Text Size: Select the text size 🔹 DOM DOM: Enable/Disable DOM display Realtime only: Enable/Disable real-time data only, historical data will be collected if disabled Top Price: Specify the price to be displayed on the top row, set to 0 to enable dynamic DOM Max updates: Specify how many times the values on the SELL and BUY columns are accumulated until reset. Profile/Depth size: Maximum size of the histograms on the PROFILE and DEPTH columns. Profile: Enable/Disable Profile column. High impact on performance. Volume: Enable/Disable Volume column. Total volume traded at price level. Interlevel Imbalance: Enable/Disable Interlevel Imbalance column. Total volume delta between the current price level and the price level above. High impact on performance. Depth: Enable/Disable Depth, showing the cumulative supply above the current price and the cumulative demand below. Impact on performance. Intralevel Imbalance: Enable/Disable Intralevel Imbalance column. Delta between total buy volume and total sell volume. High impact on performance. Buying Pressure Percent: Enable/Disable Buy Percent column. Percentage of total buy volume compared to total volume. Imbalance Threshold %: Threshold for highlighting imbalances. Set to 90 to highlight the top 10% of interlevel imbalances and the top and bottom 10% of intra-level imbalances. Crypto volume precision: Specify the number of decimals to display on the volume of crypto assets 🔹 Key Levels Key Levels: Enable/Disable KEY column. Very high performance impact. Previous Week: Enable/Disable High, Low, Middle, and Close of the previous trading week. Previous Day: Enable/Disable High, Low, Middle, and Settlement of the previous trading day. Current Day/Session: Enable/Disable Open, High, Low and Middle of the current period. Open Range: Enable/Disable High and Low of the first candle of the period. Initial Balance: Enable/Disable High and Low of the first hour of the period. VWAP: Enable/Disable Volume-weighted average price of the period with 1, 2, and 3 standard deviations. POC: Enable/Disable Point of Control (price level with the highest volume traded) of the period. 🔹 Time & Sales Time & Sales: Enable/Disable time and sales panel. Timezone offset (hours): Enter your time zone\'s offset (+ or −), including a decimal fraction if needed. Order Size: Set order size filter. Orders smaller than the value are not displayed. 🔶 THANKS Hi, I'm makit0 coder of this tool and proud member of the LuxAlgo Opensource team, it's an honor to be part of the LuxAlgo family doing something I love as it's writing opensource code and sharing it with the world. I'd like to thank all of you who use, comment on, and vote for all of our open-source tools, and all of you who give us your support. And of course thanks to the PineCoders family for all the work in front of and behind the scenes that makes the PineScript community what it is, simply the best. Peace, Love & PineScript!
Pine Script® indicator
by LuxAlgo
37
Footprint IQ Pro [TradingIQ]Hello Traders! Introducing "Footprint IQ Pro"! Footprint IQ Pro is an all-in-one Footprint indicator with several unique features. Features Calculated delta at tick level Calculated delta ratio at tick level Calculated buy volume at tick level Calculated sell volume at tick level Imbalance detection Stacked imbalance detection Stacked imbalance alerts Value area and POC detection Highest +net delta levels detection Lowest -net delta levels detection CVD by tick levels Customizable values area percentage The image above thoroughly outlines what each metric in the delta boxes shows! Metrics In Delta Boxes "δ:", "\nδ%:", "\n⧎: ", "\n◭: ", "\n⧩: " δ Delta (Difference between buy and sell volume) δ% Delta Ratio (Delta as a percentage of total volume) ⧎ Total Volume At Level (Total volume at the price area) ◭ Total Buy Volume At Level (Total buy volume at the price area) ⧩ Total Sell Volume At Level (total sell volume at the price area) Each metric comes with a corresponding symbol. That said, until you become comfortable with the symbol, you can also turn on the descriptive labels setting! The image above exemplifies the feature. The image above shows Footprint IQ's full power! Additionally, traders with an upgraded TradingView plan can make use of the "1-Second" feature Footprint IQ offers! The image above shows each footprint generated using 1-second volume data. 1-second data is highly granular compared to 1-minute data and, consequently, each footprint is exceptionally more accurate! Imbalance Detection Footprint IQ pro is capable of detecting user-defined delta imbalances. The image above further explains how Footprint IQ detects imbalances! The imbalance percentage is customizable in the settings, and is set to 70% by default. Therefore, When net delta is positive, and the positive net delta constitutes >=70% of the total volume, a buying imbalance will be detected (upwards triangle). When net delta is negative, and the negative net delta constitutes >=70% of the total volume, a buying imbalance will be detected (downwards triangle). Stacked Imbalance Detection In addition to imbalance detection, Footprint IQ Pro can also detect stacked imbalances! The image above shows Footprint IQ Pro detecting stacked imbalances! Stacked imbalances occur when consecutive imbalances at sequential price areas occur. Stacked imbalances are generally interpreted as significant price moves that are supported by volume, rather than a significant result with disproportionate effort. The criteria for stacked imbalance detection (how many imbalances must occur at sequential price areas) is customizable in the settings. The default value is three. Therefore, when three imbalances occur at sequential price areas, golden triangles will begin to print to show a stacked imbalance. Additionally, traders can set alerts for when stacked imbalances occur! Highest +Delta and Highest -Delta Levels In addition to being a fully-fledged Footprint indicator, Footprint IQ Pro goes one step further by detecting price areas where the greater +Delta and -Delta are! The image above shows price behavior near highest +Delta price areas detected by Footprint IQ! These +Delta levels are considered important as there has been strong interest from buyers at these price areas when they are traded at. It's expected that these levels can function as support points that are supported by volume. The image above shows a similar function for resistance points! Blue lines = High +Delta Detected Price Areas Red lines = High -Delta Detected Price Areas Value Area Detection Similar to traditional volume profile, Footprint IQ Pro displays the value area per bar. Green lines next to each footprint show the value area for the bar. The value area % is customizable in the settings. CVD Levels Footprint IQ Pro is capable of storing historical volume delta information to provide CVD measurements at each price area! The image above exemplifies this feature! When this feature is enabled, you will see the CVD of each price area, rather than the net delta! And that's it! Thank you so much to TradingView for offering the greatest charting platform for everyone to create on! If you have any feature requests you'd like to see for Footprint IQ, please feel free to share them with us! Thank you!
Pine Script® indicator
by Trading-IQ
47
Intrabar Volume Flow IntelligenceIntrabar Volume Flow Intelligence: A Comprehensive Analysis: The Intrabar Volume Flow Intelligence indicator represents a sophisticated approach to understanding market dynamics through the lens of volume analysis at a granular, intrabar level. This Pine Script version 5 indicator transcends traditional volume analysis by dissecting price action within individual bars to reveal the true nature of buying and selling pressure that often remains hidden when examining only the external characteristics of completed candlesticks. At its core, this indicator operates on the principle that volume is the fuel that drives price movement, and by understanding where volume is being applied within each bar—whether at higher prices indicating buying pressure or at lower prices indicating selling pressure—traders can gain a significant edge in anticipating future price movements before they become obvious to the broader market. The foundational innovation of this indicator lies in its use of lower timeframe data to analyze what happens inside each bar on your chart timeframe. While most traders see only the open, high, low, and close of a five-minute candle, for example, this indicator requests data from a one-minute timeframe by default to see all the individual one-minute candles that comprise that five-minute bar. This intrabar analysis allows the indicator to calculate a weighted intensity score based on where the price closed within each sub-bar's range. If the close is near the high, that volume is attributed more heavily to buying pressure; if near the low, to selling pressure. This methodology is far more nuanced than simple tick volume analysis or even traditional volume delta calculations because it accounts for the actual price behavior and distribution of volume throughout the formation of each bar, providing a three-dimensional view of market participation. The intensity calculation itself demonstrates the coding sophistication embedded in this indicator. For each intrabar segment, the indicator calculates a base intensity using the formula of close minus low divided by the range between high and low. This gives a value between zero and one, where values approaching one indicate closes near the high and values approaching zero indicate closes near the low. However, the indicator doesn't stop there—it applies an open adjustment factor that considers the relationship between the close and open positions within the overall range, adding up to twenty percent additional weighting based on directional movement. This adjustment ensures that strongly directional intrabar movement receives appropriate emphasis in the final volume allocation. The adjusted intensity is then bounded between zero and one to prevent extreme outliers from distorting the analysis, demonstrating careful consideration of edge cases and data integrity. The volume flow calculation multiplies this intensity by the actual volume transacted in each intrabar segment, creating buy volume and sell volume figures that represent not just quantity but quality of market participation. These figures are accumulated across all intrabar segments within the parent bar, and simultaneously, a volume-weighted average price is calculated for the entire bar using the typical price of each segment multiplied by its volume. This intrabar VWAP becomes a critical reference point for understanding whether the overall bar is trading above or below its fair value as determined by actual transaction levels. The deviation from this intrabar VWAP is then used as a weighting mechanism—when the close is significantly above the intrabar VWAP, buying volume receives additional weight; when below, selling volume is emphasized. This creates a feedback loop where volume that moves price away from equilibrium is recognized as more significant than volume that keeps price near balance. The imbalance filter represents another layer of analytical sophistication that separates meaningful volume flows from normal market noise. The indicator calculates the absolute difference between buy and sell volume as a percentage of total volume, and this imbalance must exceed a user-defined threshold—defaulted to twenty-five percent but adjustable from five to eighty percent—before the volume flow is considered significant enough to register on the indicator. This filtering mechanism ensures that only bars with clear directional conviction contribute to the cumulative flow measurements, while bars with balanced buying and selling are essentially ignored. This is crucial because markets spend considerable time in equilibrium states where volume is simply facilitating position exchanges without directional intent. By filtering out these neutral periods, the indicator focuses trader attention exclusively on moments when one side of the market is demonstrating clear dominance. The decay factor implementation showcases advanced state management in Pine Script coding. Rather than allowing imbalanced volume to simply disappear after one bar, the indicator maintains decayed values using variable state that persists across bars. When a new significant imbalance occurs, it replaces the decayed value; when no significant imbalance is present, the previous value is multiplied by the decay factor, which defaults to zero point eight-five. This means that a large volume imbalance continues to influence the indicator for several bars afterward, gradually diminishing in impact unless reinforced by new imbalances. This decay mechanism creates persistence in the flow measurements, acknowledging that large institutional volume accumulation or distribution campaigns don't execute in single bars but rather unfold across multiple bars. The cumulative flow calculation then sums these decayed values over a lookback period, creating a running total that represents sustained directional pressure rather than momentary spikes. The dual moving average crossover system applied to these volume flows creates actionable trading signals from the underlying data. The indicator calculates both a fast exponential moving average and a slower simple moving average of the buy flow, sell flow, and net flow values. The use of EMA for the fast line provides responsiveness to recent changes while the SMA for the slow line provides a more stable baseline, and the divergence or convergence between these averages signals shifts in volume flow momentum. When the buy flow EMA crosses above its SMA while volume is elevated, this indicates that buying pressure is not only present but accelerating, which is the foundation for the strong buy signal generation. The same logic applies inversely for selling pressure, creating a symmetrical approach to detecting both upside and downside momentum shifts based on volume characteristics rather than price characteristics. The volume threshold filtering ensures that signals only generate during periods of statistically significant market participation. The indicator calculates a simple moving average of total volume over a user-defined period, defaulted to twenty bars, and then requires that current volume exceed this average by a multiplier, defaulted to one point two times. This ensures that signals occur during periods when the market is actively engaged rather than during quiet periods when a few large orders can create misleading volume patterns. The indicator even distinguishes between high volume—exceeding the threshold—and very high volume—exceeding one point five times the threshold—with the latter triggering background color changes to alert traders to exceptional participation levels. This tiered volume classification allows traders to calibrate their position sizing and conviction levels based on the strength of market participation supporting the signal. The flow momentum calculation adds a velocity dimension to the volume analysis. By calculating the rate of change of the net flow EMA over a user-defined momentum length—defaulted to five bars—the indicator measures not just the direction of volume flow but the acceleration or deceleration of that flow. A positive and increasing flow momentum indicates that buying pressure is not only dominant but intensifying, which typically precedes significant upward price movements. Conversely, negative and decreasing flow momentum suggests selling pressure is building upon itself, often preceding breakdowns. The indicator even calculates a second derivative—the momentum of momentum, termed flow acceleration—which can identify very early turning points when the rate of change itself begins to shift, providing the most forward-looking signal available from this methodology. The divergence detection system represents one of the most powerful features for identifying potential trend reversals and continuations. The indicator maintains separate tracking of price extremes and flow extremes over a lookback period defaulted to fourteen bars. A bearish divergence is identified when price makes a new high or equals the recent high, but the net flow EMA is significantly below its recent high—specifically less than eighty percent of that high—and is declining compared to its value at the divergence lookback distance. This pattern indicates that while price is pushing higher, the volume support for that movement is deteriorating, which frequently precedes reversals. Bullish divergences work inversely, identifying situations where price makes new lows without corresponding weakness in volume flow, suggesting that selling pressure is exhausted and a reversal higher is probable. These divergence signals are plotted as distinct diamond shapes on the indicator, making them visually prominent for trader attention. The accumulation and distribution zone detection provides a longer-term context for understanding institutional positioning. The indicator uses the bars-since function to track consecutive periods where the net flow EMA has remained positive or negative. When buying pressure has persisted for at least five consecutive bars, average intensity exceeds zero point six indicating strong closes within bar ranges, and volume is elevated above the threshold, the indicator identifies an accumulation zone. These zones suggest that smart money is systematically building long positions across multiple bars despite potentially choppy or sideways price action. Distribution zones are identified through the inverse criteria, revealing periods when institutions are systematically exiting or building short positions. These zones are visualized through colored fills on the indicator pane, creating a backdrop that helps traders understand the broader volume flow context beyond individual bar signals. The signal strength scoring system provides a quantitative measure of conviction for each buy or sell signal. Rather than treating all signals as equal, the indicator assigns point values to different signal components: twenty-five points for the buy flow EMA-SMA crossover, twenty-five points for the net flow EMA-SMA crossover, twenty points for high volume presence, fifteen points for positive flow momentum, and fifteen points for bullish divergence presence. These points are summed to create a buy score that can range from zero to one hundred percent, with higher scores indicating that multiple independent confirmation factors are aligned. The same methodology creates a sell score, and these scores are displayed in the information table, allowing traders to quickly assess whether a signal represents a tentative suggestion or a high-conviction setup. This scoring approach transforms the indicator from a binary signal generator into a nuanced probability assessment tool. The visual presentation of the indicator demonstrates exceptional attention to user experience and information density. The primary display shows the net flow EMA as a thick colored line that transitions between green when above zero and above its SMA, indicating strong buying, to a lighter green when above zero but below the SMA, indicating weakening buying, to red when below zero and below the SMA, indicating strong selling, to a lighter red when below zero but above the SMA, indicating weakening selling. This color gradient provides immediate visual feedback about both direction and momentum of volume flows. The net flow SMA is overlaid in orange as a reference line, and a zero line is drawn to clearly delineate positive from negative territory. Behind these lines, a histogram representation of the raw net flow—scaled down by thirty percent for visibility—shows bar-by-bar flow with color intensity reflecting whether flow is strengthening or weakening compared to the previous bar. This layered visualization allows traders to simultaneously see the raw data, the smoothed trend, and the trend of the trend, accommodating both short-term and longer-term trading perspectives. The cumulative delta line adds a macro perspective by maintaining a running sum of all volume deltas divided by one million for scale, plotted in purple as a separate series. This cumulative measure acts similar to an on-balance volume calculation but with the sophisticated volume attribution methodology of this indicator, creating a long-term sentiment gauge that can reveal whether an asset is under sustained accumulation or distribution across days, weeks, or months. Divergences between this cumulative delta and price can identify major trend exhaustion or reversal points that might not be visible in the shorter-term flow measurements. The signal plotting uses shape-based markers rather than background colors or arrows to maximize clarity while preserving chart space. Strong buy signals—meeting multiple criteria including EMA-SMA crossover, high volume, and positive momentum—appear as full-size green triangle-up shapes at the bottom of the indicator pane. Strong sell signals appear as full-size red triangle-down shapes at the top. Regular buy and sell signals that meet fewer criteria appear as smaller, semi-transparent circles, indicating they warrant attention but lack the full confirmation of strong signals. Divergence-based signals appear as distinct diamond shapes in cyan for bullish divergences and orange for bearish divergences, ensuring these critical reversal indicators are immediately recognizable and don't get confused with momentum-based signals. This multi-tiered signal hierarchy helps traders prioritize their analysis and avoid signal overload. The information table in the top-right corner of the indicator pane provides real-time quantitative feedback on all major calculation components. It displays the current bar's buy volume and sell volume in millions with appropriate color coding, the imbalance percentage with color indicating whether it exceeds the threshold, the average intensity score showing whether closes are generally near highs or lows, the flow momentum value, and the current buy and sell scores. This table transforms the indicator from a purely graphical tool into a quantitative dashboard, allowing discretionary traders to incorporate specific numerical thresholds into their decision frameworks. For example, a trader might require that buy score exceed seventy percent and intensity exceed zero point six-five before taking a long position, creating objective entry criteria from subjective chart reading. The background shading that occurs during very high volume periods provides an ambient alert system that doesn't require focused attention on the indicator pane. When volume spikes to one point five times the threshold and net flow EMA is positive, a very light green background appears across the entire indicator pane; when volume spikes with negative net flow, a light red background appears. These backgrounds create a subliminal awareness of exceptional market participation moments, ensuring traders notice when the market is making important decisions even if they're focused on price action or other indicators at that moment. The alert system built into the indicator allows traders to receive notifications for strong buy signals, strong sell signals, bullish divergences, bearish divergences, and very high volume events. These alerts can be configured in TradingView to send push notifications to mobile devices, emails, or webhook calls to automated trading systems. This functionality transforms the indicator from a passive analysis tool into an active monitoring system that can watch markets continuously and notify the trader only when significant volume flow developments occur. For traders monitoring multiple instruments, this alert capability is invaluable for efficient time allocation, allowing them to analyze other opportunities while being instantly notified when this indicator identifies high-probability setups on their watch list. The coding implementation demonstrates advanced Pine Script techniques including the use of request.security_lower_tf to access intrabar data, array manipulation to process variable-length intrabar arrays, proper variable scoping with var keyword for persistent state management across bars, and efficient conditional logic that prevents unnecessary calculations. The code structure with clearly delineated sections for inputs, calculations, signal generation, plotting, and alerts makes it maintainable and educational for those studying Pine Script development. The use of input groups with custom headers creates an organized settings panel that doesn't overwhelm users with dozens of ungrouped parameters, while still providing substantial customization capability for advanced users who want to optimize the indicator for specific instruments or timeframes. For practical trading application, this indicator excels in several specific use cases. Scalpers and day traders can use the intrabar analysis to identify accumulation or distribution happening within the bars of their entry timeframe, providing early entry signals before momentum indicators or price patterns complete. Swing traders can use the cumulative delta and accumulation-distribution zones to understand whether short-term pullbacks in an uptrend are being bought or sold, helping distinguish between healthy retracements and trend reversals. Position traders can use the divergence detection to identify major turning points where price extremes are not supported by volume, providing low-risk entry points for counter-trend positions or warnings to exit with-trend positions before significant reversals. The indicator is particularly valuable in ranging markets where price-based indicators produce numerous false breakout signals. By requiring that breakouts be accompanied by volume flow imbalances, the indicator filters out failed breakouts driven by low participation. When price breaks a range boundary accompanied by a strong buy or sell signal with high buy or sell score and very high volume, the probability of successful breakout follow-through increases dramatically. Conversely, when price breaks a range but the indicator shows low imbalance, opposing flow direction, or low volume, traders can fade the breakout or at minimum avoid chasing it. During trending markets, the indicator helps traders identify the healthiest entry points by revealing where pullbacks are being accumulated by smart money. A trending market will show the cumulative delta continuing in the trend direction even as price pulls back, and accumulation zones will form during these pullbacks. When price resumes the trend, the indicator will generate strong buy or sell signals with high scores, providing objective entry points with clear invalidation levels. The flow momentum component helps traders stay with trends longer by distinguishing between healthy momentum pauses—where momentum goes to zero but doesn't reverse—and actual momentum reversals where opposing pressure is building. The VWAP deviation weighting adds particular value for traders of liquid instruments like major forex pairs, stock indices, and high-volume stocks where VWAP is widely watched by institutional participants. When price deviates significantly from the intrabar VWAP and volume flows in the direction of that deviation with elevated weighting, it indicates that the move away from fair value is being driven by conviction rather than mechanical order flow. This suggests the deviation will likely extend further, creating continuation trading opportunities. Conversely, when price deviates from intrabar VWAP but volume flow shows reduced intensity or opposing direction despite the weighting, it suggests the deviation will revert to VWAP, creating mean reversion opportunities. The ATR normalization option makes the indicator values comparable across different volatility regimes and different instruments. Without normalization, a one-million share buy-sell imbalance might be significant for a low-volatility stock but trivial for a high-volatility cryptocurrency. By normalizing the delta by ATR, the indicator accounts for the typical price movement capacity of the instrument, making signal thresholds and comparison values meaningful across different trading contexts. This is particularly valuable for traders running the indicator on multiple instruments who want consistent signal quality regardless of the underlying instrument characteristics. The configurable decay factor allows traders to adjust how persistent they want volume flows to remain influential. For very short-term scalping, a lower decay factor like zero point five will cause volume imbalances to dissipate quickly, keeping the indicator focused only on very recent flows. For longer-term position trading, a higher decay factor like zero point nine-five will allow significant volume events to influence the indicator for many bars, revealing longer-term accumulation and distribution patterns. This flexibility makes the single indicator adaptable to trading styles ranging from one-minute scalping to daily chart position trading simply by adjusting the decay parameter and the lookback bars. The minimum imbalance percentage setting provides crucial noise filtering that can be optimized per instrument. Highly liquid instruments with tight spreads might show numerous small imbalances that are meaningless, requiring a higher threshold like thirty-five or forty percent to filter noise effectively. Thinly traded instruments might rarely show extreme imbalances, requiring a lower threshold like fifteen or twenty percent to generate adequate signals. By making this threshold user-configurable with a wide range, the indicator accommodates the full spectrum of market microstructure characteristics across different instruments and timeframes. In conclusion, the Intrabar Volume Flow Intelligence indicator represents a comprehensive volume analysis system that combines intrabar data access, sophisticated volume attribution algorithms, multi-timeframe smoothing, statistical filtering, divergence detection, zone identification, and intelligent signal scoring into a cohesive analytical framework. It provides traders with visibility into market dynamics that are invisible to price-only analysis and even to conventional volume analysis, revealing the true intentions of market participants through their actual transaction behavior within each bar. The indicator's strength lies not in any single feature but in the integration of multiple analytical layers that confirm and validate each other, creating high-probability signal generation that can form the foundation of complete trading systems or provide powerful confirmation for discretionary analysis. For traders willing to invest time in understanding its components and optimizing its parameters for their specific instruments and timeframes, this indicator offers a significant informational advantage in increasingly competitive markets where edge is derived from seeing what others miss and acting on that information before it becomes consensus.
Pine Script® indicator
by jaydesaigu
NWOG with FVGThe New Week Opening Gap (NWOG) and Fair Value Gap (FVG) combined indicator is a trading tool designed to analyze price action and detect potential support, resistance, and trade entry opportunities based on two significant concepts: New Week Opening Gap (NWOG): The price range between the high and low of the first candle of the new trading week. Fair Value Gap (FVG): A price imbalance or gap between candlesticks, where price may retrace to fill the gap, indicating potential support or resistance zones. When combined, these two concepts help traders identify key price levels (from the new week open) and price imbalances (from FVGs), which can act as powerful indicators for potential market reversals, retracements, or continuation trades. 1. New Week Opening Gap (NWOG): Definition: The New Week Opening Gap (NWOG) refers to the range between the high and low of the first candle in a new trading week (often, the Monday open in most markets). Purpose: NWOG serves as a significant reference point for market behavior throughout the week. Price action relative to this range helps traders identify: Support and Resistance zones. Bullish or Bearish sentiment depending on price’s relation to the opening gap levels. Areas where the market may retrace or reverse before continuing in the primary trend. How NWOG is Identified: The high and low of the first candle of the new week are drawn on the chart, and these levels are used to assess the market's behavior relative to this range. Trading Strategy Using NWOG: Above the NWOG Range: If price is trading above the NWOG levels, it signals bullish sentiment. Below the NWOG Range: If price is trading below the NWOG levels, it signals bearish sentiment. Price Touching the NWOG Levels: If price approaches or breaks through the NWOG levels, it can indicate a potential retracement or reversal. 2. Fair Value Gap (FVG): Definition: A Fair Value Gap (FVG) occurs when there is a gap or imbalance between two consecutive candlesticks, where the high of one candle is lower than the low of the next candle (or vice versa), creating a zone that may act as a price imbalance. Purpose: FVGs represent an imbalance in price action, often indicating that the market moved too quickly and left behind a price region that was not fully traded. FVGs can serve as areas where price is likely to retrace to fill the gap, as traders seek to correct the imbalance. How FVG is Identified: An FVG is detected if: Bearish FVG: The high of one candle is less than the low of the next (gap up). Bullish FVG: The low of one candle is greater than the high of the next (gap down). The area between the gap is drawn as a shaded region, indicating the FVG zone. Trading Strategy Using FVG: Price Filling the FVG: Price is likely to retrace to fill the gap. A reversal candle in the FVG zone can indicate a trade setup. Support and Resistance: FVG zones can act as support (in a bullish FVG) or resistance (in a bearish FVG) if the price retraces to them. Combined Strategy: New Week Opening Gap (NWOG) and Fair Value Gap (FVG): The combined use of NWOG and FVG helps traders pinpoint high-probability price action setups where: The New Week Opening Gap (NWOG) acts as a major reference level for potential support or resistance. Fair Value Gaps (FVG) represent market imbalances where price might retrace to, filling the gap before continuing its move. Signal Logic: Buy Signal: Price touches or breaks above the NWOG range (indicating a bullish trend) and there is a bullish FVG present (gap indicating a support area). Price retraces to fill the bullish FVG, offering a potential buy opportunity. Sell Signal: Price touches or breaks below the NWOG range (indicating a bearish trend) and there is a bearish FVG present (gap indicating a resistance area). Price retraces to fill the bearish FVG, offering a potential sell opportunity. Example: Buy Setup: Price breaks above the NWOG resistance level, and a bullish FVG (gap down) appears below. Traders can wait for price to pull back to fill the gap and then take a long position when confirmation occurs. Sell Setup: Price breaks below the NWOG support level, and a bearish FVG (gap up) appears above. Traders can wait for price to retrace and fill the gap before entering a short position. Key Benefits of the Combined NWOG & FVG Indicator: Combines Two Key Concepts: NWOG provides context for the market's overall direction based on the start of the week. FVG highlights areas where price imbalances exist and where price might retrace to, making it easier to spot entry points. High-Probability Setups: By combining these two strategies, the indicator helps traders spot high-probability trades based on major market levels (from NWOG) and price inefficiencies (from FVG). Helps Identify Reversal and Continuation Opportunities: FVGs act as potential support and resistance zones, and when combined with the context of the NWOG levels, it gives traders clearer guidance on where price might reverse or continue its trend. Clear Visual Signals: The indicator can plot the NWOG levels on the chart, and shade the FVG areas, providing a clean and easy-to-read chart with entry signals marked for buy and sell opportunities. Conclusion: The New Week Opening Gap (NWOG) and Fair Value Gap (FVG) combined indicator is a powerful tool for traders who use price action strategies. By incorporating the New Week's opening range and identifying gaps in price action, this indicator helps traders identify potential support and resistance zones, pinpoint entry opportunities, and increase the probability of successful trades. This combined strategy enhances your analysis by adding layers of confirmation for trades based on significant market levels and price imbalances. Let me know if you'd like more details or modifications!
Pine Script® indicator
by ICT_Concept_Trading
Fair Value Gap & Gap Profile [BigBeluga]This indicator is designed to help traders identify and utilize fair value gaps on price charts and analyze volume at these points. These gaps, formed by significant price movements, can act as key support and resistance levels. The indicator enhances trading strategies by visually representing these gaps, making it easier for traders to spot potential entry and exit points. ⦿ What Is A Fair Value Gap? Before diving into the practical use of the Fair Value Gap in trading, it's crucial to have a clear understanding of what it is and how to identify it on your charts. The Fair Value Gap, or FVG , is a widely utilized tool among price action traders to detect market inefficiencies or imbalances. Sometimes you will even see them labeled as inefficiencies by other traders. These imbalances arise when buying or selling pressure is significant, resulting in a large upward or downward move, leaving behind an imbalance in the market. The idea behind FVGs is that the market will eventually come back to these inefficiencies in the market before continuing in the same direction as the initial impulsive move. FVGs are important since traders can achieve an edge in the market. Price action traders can also use these imbalances as entry or exit points in the market. By visually representing gaps and their profile, the Fair Value Gap (FVG) & Gap Profile indicator provides a historical overview of gaps within a specified lookback period, showing the distribution and density of gaps across different price levels. This insight helps traders identify zones where the price tends to move more fluidly, often encountering less resistance. High points on the Gap Profile indicate areas where gaps have occurred frequently in the past, which could serve as potential breakout or breakdown zones. ⦿ Key Features: ● Gap Detection and Visualization: - Identifies Bullish and Bearish Gaps: Highlights gaps where the price moved significantly up or down along with a volume. Intensivity of color show strength of FVG by volume - Filter for Significant Gaps: Allows users to filter out insignificant gaps, ensuring only relevant gaps are displayed. ● Customizable Display Options: - Shows Filled Gaps: Option to display gaps that have been filled, aiding in the analysis of historical price movements. - Displays Filled Gap Levels: Highlights the levels of filled gaps. ● Gap Profile: Gap Profile Insight: The Gap Profile feature shows the distribution of gaps over a specified lookback period. High points on the FVG Profile indicate areas with a significant number of gaps in the past. These high points are signs of low resistance for price movement. Consequently, at these points, the price tends to move more easily without encountering strong resistance. Traders can use this information to identify potential breakout or breakdown zones where price action is likely to be more fluid. ● Grab Liquidity Detection: - Collect liquidity Signals: Plots markers on the chart where price interacts with gap levels, providing potential trade signals based on liquidity. ⦿ How Traders Can Use This Indicator: - Plan Trades: Use gaps as potential entry and exit points, based on whether the price is approaching, filling, or moving away from a gap. - Analyze Market Trends: Understand historical price movements by analyzing filled gaps and their impact on current price action. - Analyze Gap Profile: Identify zones where the price tends to move more fluidly, often encountering less resistance. High points on the Gap Profile indicate areas where gaps have occurred frequently in the past, which could serve as potential breakout or breakdown zones. - Price imbalance: market will eventually come back to these inefficiencies and fill them. inefficiencies or imbalances in the market usually act as a magnet for price. By incorporating the Fair Value Gap & Gap Profile indicator into their trading strategy, traders can gain a clearer understanding of market dynamics and make more informed trading decisions.
Pine Script® indicator
by BigBeluga
12
D3m4h GIFVGDescription D3m4h GIFVG is an indicator designed to automatically detect market imbalances—often referred to as FVGs (Fair Value Gaps)—and potential pivot-based shifts in market structure. It offers a dynamic approach to visualizing supply/demand inefficiencies and pivot-based trend changes. Key features include: 1. Pivot-Based Bullish/Bearish Detection The indicator identifies higher-high/lower-low pivot logic as well as “outside bar” pivots. It tracks when the market transitions from bullish to bearish ranges, or vice versa, by using multiple checks: Pivot low/high detection Break-of-structure (when price crosses the last pivot) Opposing FVG detection to confirm an intraday pivot shift 2. FVG (Fair Value Gap) Detection The script automatically scans for bullish or bearish FVG conditions: Bullish FVG: Candle at position (bar_index - 2) has a high below the current candle’s low. Bearish FVG: Candle at position (bar_index - 2) has a low above the current candle’s high. When it detects an FVG, it draws a box on the chart to highlight the price gap (yellow boxes by default). 3. Pivot Range FVG If an FVG forms while the market is in a bullish pivot range, the script can paint a special “blue” FVG to underscore its significance. The same logic applies if a newly formed FVG appears in a bearish pivot range. 4. Filled Gap Cleanup You can optionally hide standard FVG boxes once they’re filled. For example, if the candle’s body (or candle range) covers that gap, the box is removed to keep your chart clean. 5. Pivot-Range FVG “Raided” Cleanup If the pivot-based FVG is later filled from the opposing direction, it turns green and can optionally remove itself after a set number of bars. 6. Informative Table A small table on the chart optionally displays whether or not the pivot-based FVG has been “raided”. You can toggle this table on/off in the settings. How It Works 1. Pivot Shifts The script tracks the last pivot high/low using a combination of candle-based pivot detection and break-of-structure checks (when price crosses the last pivot in the opposite direction). When a shift is detected, the pivot range ID increments—this helps the script know when to remove old pivot-based FVGs or draw new ones. 2. FVG Formation Each new bar checks if a bullish or bearish FVG formed (comparing the high of bar two bars ago to the current low, or the low of bar two bars ago to the current high). If one is found, a box is drawn to highlight the imbalance. Its color and extension depend on script settings. 3. Imbalance or Pivot FVG Standard imbalance boxes appear in yellow. If the new imbalance coincides with a bullish or bearish pivot range, a special “pivot imbalance” box in blue is drawn. 3. Hide Filled If a newly formed candle’s body fully covers the FVG, the box is considered filled. If Hide Filled Gaps is enabled, the box is deleted once it’s covered. 4. Raid Status For the pivot-based (blue) FVG, once price invalidates it from the opposite side, it changes color to green and gets removed after a user-defined number of bars. How to Use 1. Look for FVGs Observe yellow boxes to identify potential intraday imbalances. Watch for price returning to fill these zones. If you see a “blue” box, it signifies a pivot-based FVG in line with a recognized shift in structure—arguably a higher-probability zone. 2. “Hide Filled Gaps” Turn this on if you only want to see currently active or partially filled imbalances. The script cleans up old, fully covered boxes to keep your chart neat. 3. Pivot Shifts Note the script’s internal pivot logic. Each new pivot re-defines bullish or bearish states. Use these states to gauge the short-term trend shifts. 4. Toggle the Table You can show or hide the chart table by enabling/disabling “Show Table” from the inputs. This table indicates if the pivot-based “GIFVG” has been “raided” or not. 5. Extend Count Adjust the extendCount in the code if you want FVG boxes to extend further or shorter in time. Underlying Concepts Fair Value Gaps Market inefficiencies that occur when price jumps, leaving a “gap” from the candle 2 bars ago to the current candle. They can act like mini supply/demand zones where price may revisit for balance. Pivot Ranges The script tries to maintain an internal sense of whether the market is in a bullish or bearish pivot range. When it sees a contrary FVG or break-of-structure, it flips the pivot state. Outside Bars A candle that has both a higher high and a lower low than the previous bar. The script uses these to mark significant pivot shifts. By combining pivot-based logic with FVG detection, the D3m4h GIFVG indicator helps highlight potential areas of liquidity or unfilled value. Traders can use these zones to plan entries/exits or to confirm short-term trend shifts.
Pine Script® indicator
by d3m4h
Dabel MS + FVGThis script is designed to assist traders by identifying market structures, imbalances, and potential trade opportunities using Break of Structure (BOS) and Market Structure Shifts (MSS). It visually highlights imbalances in price action, key pivots, and market structure changes, providing actionable information for making trading decisions. Key features: Imbalances Detection: Highlights bullish and bearish price gaps (Fair Value Gaps) using colored boxes. Users can choose the line style (solid, dashed, or dotted) for imbalance midlines. Market Structure Analysis: Tracks pivot highs and lows to identify BOS and MSS in two separate market structures with adjustable pivot strengths. Customizable Visualization: Allows users to choose line styles, colors, and display options for both imbalances and market structures. Alerts: Alerts traders when BOS or MSS occur, helping to monitor the market effectively. Trading Strategy Imbalance Trading: Imbalances (gaps) represent areas where supply or demand was left unfilled. These gaps often act as magnet zones where the price revisits to fill. Bullish Imbalance: Look for buying opportunities when price enters a green imbalance zone. Bearish Imbalance: Look for selling opportunities when price enters a red imbalance zone. Use the midline of the imbalance box as a key reference point for potential reversals. Break of Structure (BOS) and Market Structure Shift (MSS): BOS: Indicates a continuation of the existing trend. For example: Bullish BOS: Look for continuation in the uptrend after a high is broken. Bearish BOS: Look for continuation in the downtrend after a low is broken. MSS: Suggests a potential reversal in market structure. For example: Bullish MSS: Indicates a possible shift from a bearish to bullish market. Bearish MSS: Indicates a potential shift from a bullish to bearish market. Multiple Market Structures: This script provide two sets of market structures, allowing traders to compare short-term and long-term trends. Adjust the pivot strength to suit your trading style (lower for intraday trading, higher for swing or positional trading). Entry and Exit: Entry: Look for entries near imbalances or after confirmed BOS/MSS in line with the overall trend. Exit: Place stop-loss below/above recent pivots and take profit at nearby support/resistance or imbalance zones. For New Traders Focus on Basics: Understand what BOS and MSS mean and how they signal trend direction or reversals. Use Alerts: Rely on the script's alert system to catch important moments without staring at charts all day. Start Small: Test this strategy on a demo account before using it live. You can understand it more with practice.
Pine Script® indicator
by tnumar
Fair Value Gap ChartThe Fair Value Gap chart is a new charting method that displays fair value gap imbalances as Japanese candlesticks, allowing traders to quickly see the evolution of historical market imbalances. The script is additionally able to compute an exponential moving average using the imbalances as input. 🔶 USAGE The Fair Value Gap chart allows us to quickly display historical fair value gap imbalances. This also allows for filtering out potential noisy variations, showing more compact trends. Most like other charting methods, we can draw trendlines/patterns from the displayed results, this can be helpful to potentially predict future imbalances locations. Users can display an exponential moving average computed from the detected fvg's imbalances. Imbalances above the ema can be indicative of an uptrend, while imbalances under the ema are indicative of a downtrend. Note that due to pinescript limitations a maximum of 500 lines can be displayed, as such displaying the EMA prevent candle wicks from being displayed. 🔶 DETAILS 🔹 Candle Structure The Fair Value Gap Chart is constructed by keeping a record of all detected fair value gaps on the chart. Each fvg is displayed as a candlestick, with the imbalance range representing the body of the candle, and the range of the imbalance interval being used for the wicks. 🔹 EMA Source Input The exponential moving average uses the imbalance range to get its input source, the extremity of the range used depends on whether the fvg is bullish or bearish. When the fvg is bullish, the maximum of the imbalance range is used as ema input, else the minimum of the fvg imbalance is used.
Pine Script® indicator
by alexgrover
8
Macros ICT KillZones [TradingFinder] Times & Price Trading Setup🔵 Introduction ICT Macros, developed by Michael Huddleston, also known as ICT (Inner Circle Trader), is a powerful trading tool designed to help traders identify the best trading opportunities during key time intervals like the London and New York trading sessions. For traders aiming to capitalize on market volatility, liquidity shifts, and Fair Value Gaps (FVG), understanding and using these critical time zones can significantly improve trading outcomes. In today’s highly competitive financial markets, identifying the moments when the market is seeking buy-side or sell-side liquidity, or filling price imbalances, is essential for maximizing profitability. The ICT Macros indicator is built on the renowned ICT time and price theory, which enables traders to track and leverage key market dynamics such as breaks of highs and lows, imbalances, and liquidity hunts. This indicator automatically detects crucial market times and optimizes strategies for traders by highlighting the specific moments when price movements are most likely to occur. A standout feature of ICT Macros is its automatic adjustment for Daylight Saving Time (DST), ensuring that traders remain synced with the correct session times. This means you can rely on accurate market timing without the need for manual updates, allowing you to focus on capturing profitable trades during critical timeframes. 🔵 How to Use The ICT Macros indicator helps you capitalize on trading opportunities during key market moments, particularly when the market is breaking highs or lows, filling Fair Value Gaps (FVG), or addressing imbalances. This indicator is particularly beneficial for traders who seek to identify liquidity, market volatility, and price imbalances. 🟣 Sessions London Sessions London Macro 1 : UTC Time : 06:33 to 07:00 New York Time : 02:33 to 03:00 London Macro 2 : UTC Time : 08:03 to 08:30 New York Time : 04:03 to 04:30 New York Sessions New York Macro AM 1 : UTC Time : 12:50 to 13:10 New York Time : 08:50 to 09:10 New York Macro AM 2 : UTC Time : 13:50 to 14:10 New York Time : 09:50 to 10:10 New York Macro AM 3 : UTC Time : 14:50 to 15:10 New York Time : 10:50 to 11:10 New York Lunch Macro : UTC Time : 15:50 to 16:10 New York Time : 11:50 to 12:10 New York PM Macro : UTC Time : 17:10 to 17:40 New York Time : 13:10 to 13:40 New York Last Hour Macro : UTC Time : 19:15 to 19:45 New York Time : 15:15 to 15:45 These time intervals adjust automatically based on Daylight Saving Time (DST), helping traders to enter or exit trades during key market moments when price volatility is high. Below are the main applications of this tool and how to incorporate it into your trading strategies : 🟣 Combining ICT Macros with Trading Strategies The ICT Macros indicator can easily be used in conjunction with various trading strategies. Two well-known strategies that can be combined with this indicator include: ICT 2022 Trading Model : This model is designed based on identifying market liquidity, structural price changes, and Fair Value Gaps (FVG). By using ICT Macros, you can identify the key time intervals when the market is seeking liquidity, filling imbalances, or breaking through important highs and lows, allowing you to enter or exit trades at the right moment. Silver Bullet Strategy : This strategy, which is built around liquidity hunting and rapid price movements, can work more accurately with the help of ICT Macros. The indicator pinpoints precise liquidity times, helping traders take advantage of market shifts caused by filling Fair Value Gaps or correcting imbalances. 🟣 Capitalizing on Price Volatility During Key Times Large market algorithms often seek liquidity or fill Fair Value Gaps (FVG) during the intervals marked by ICT Macros. These periods are when price volatility increases, and traders can use these moments to enter or exit trades. For example, if sell-side liquidity is drained and the market fills an imbalance, the price might move toward buy-side liquidity. By identifying these moments, which may also involve breaking a previous high or low, you can leverage rapid market fluctuations to your advantage. 🟣 Identifying Liquidity and Price Imbalances One of the important uses of ICT Macros is identifying points where the market is seeking liquidity and correcting imbalances. You can determine high or low liquidity levels in the market before each ICT Macro, as well as Fair Value Gaps (FVG) and price imbalances that need to be filled, using them to adjust your trading strategy. This capability allows you to manage trades based on liquidity shifts or imbalance corrections without needing a bias toward a specific direction. 🔵 Settings The ICT Macros indicator offers various customization options, allowing users to tailor it to their specific needs. Below are the main settings: Time Zone Mode : You can select one of the following options to define how time is displayed: UTC : For traders who need to work with Universal Time. Session Local Time : The local time corresponding to the London or New York markets. Your Time Zone : You can specify your own time zone (e.g., "UTC-4:00"). Your Time Zone : If you choose "Your Time Zone," you can set your specific time zone. By default, this is set to UTC-4:00. Show Range Time : This option allows you to display the time range of each session on the chart. If enabled, the exact start and end times of each interval are shown. Show or Hide Time Ranges : Toggle on/off for visual clarity depending on user preference. Custom Colors : Set distinct colors for each session, allowing users to personalize their chart based on their trading style.These settings allow you to adjust the key time intervals of each trading session to your preference and customize the time format according to your own needs. 🔵 Conclusion The ICT Macros indicator is a powerful tool for traders, helping them to identify key time intervals where the market seeks liquidity or fills Fair Value Gaps (FVG), corrects imbalances, and breaks highs or lows. This tool is especially valuable for traders using liquidity-based strategies such as ICT 2022 or Silver Bullet. One of the key features of this indicator is its support for Daylight Saving Time (DST), ensuring you are always in sync with the correct trading session timings without manual adjustments. This is particularly beneficial for traders operating across different time zones. With ICT Macros, you can capitalize on crucial market opportunities during sensitive times, take advantage of imbalances, and enhance your trading strategies based on market volatility, liquidity shifts, and Fair Value Gaps.
Pine Script® indicator
by TFlab
9
Asian Stop Hunt ModelSTOP HUNT MODEL – STRATEGY DESCRIPTION The Stop Hunt Model is designed to capture high-probability trades by targeting stop-loss liquidity from retail traders at buy-side and sell-side liquidity zones. The strategy focuses on identifying where liquidity is taken during the Asian session, waiting for a Change of Character (CHoCH), and then entering from unfilled orders (Balanced Price Range / Imbalance) in the direction of the dominant IPDA bias. The objective is to trade from engineered liquidity sweeps toward the next logical liquidity pool, while maintaining strict risk control. The model operates primarily on the 5-minute chart, with early confirmation on the 3-minute chart. The Asian Killzone is used to define the initial range, plotting its high and low. Higher-timeframe liquidity from Daily, 4H, and 1H charts is marked in advance to provide directional context. IPDA direction is determined using macro alignment such as global interest rate bias and long-term trend behavior. Once the Asian session concludes, price is expected to sweep either the high or low of the Asian range or the previous day’s high/low. After the liquidity sweep, the market must show a valid CHoCH, confirming a shift in internal structure. Entries are taken only after the formation and retest of a Balanced Price Range (BPR) created by overlapping imbalances. Trades are executed from these imbalance zones, targeting the next liquidity area, with stop loss placed at the most recent swing high or low. This model prioritizes precision over frequency, aiming for fewer trades with higher reward-to-risk ratios, typically 1:3 or better, and a strict daily risk cap. CHECKLIST – STOP HUNT MODEL 1.Mark Asian Killzone High and Low 2.Identify IPDA directional bias for the pair 3.Mark Buy-side and Sell-side liquidity from Daily, 4H, and 1H 4.Wait for a liquidity sweep (Asian High/Low or Previous Day High/Low) 5.Confirm a valid CHoCH 6.Identify a valid BPR (overlapping imbalance) 7.Enter trade from the BPR zone 8.Target the next liquidity pool 9.Place stop loss at the last swing high or low RULES – STOP HUNT MODEL STRATEGY > Always pre-mark Buy-side and Sell-side liquidity on 1D, 4H, and 1H > Asian Killzone must complete by 10:30 AM IST > After Asian close, mark 15-minute timeframe liquidity > Trade only after the market sweeps the Asian session high or low > Align trades with IPDA direction: > Bullish IPDA → Prefer sweep of Asian Low > Bearish IPDA → Prefer sweep of Asian High > CHoCH confirmation is mandatory: > Green CHoCH for bullish setups > Red CHoCH for bearish setups Setup conditions: 1. Bullish: CHoCH above price + BPR below price 2. Bearish: CHoCH below price + BPR above price 3.BPR must be formed by overlapping imbalances: 4.Red → Green for bullish 5.Green → Red for bearish 6.Look for V-shaped (bullish) or A-shaped (bearish) candle behavior 7.Entry only on imbalance retest — no chase entries 8.Targets must be killzone extremes or next liquidity zone 9.Stop loss must always be at the last swing high or low 10.No manual exits if aiming for 1:3 RR 11.If price sweeps both sides or no clean sweep occurs → No Trade 12.Trade less, execute cleaner setups 13.Daily target: 1% maximum
Pine Script® indicator
by jasiremail
Volumatic Fair Value Gaps [BigBeluga]🔵 OVERVIEW The Volumatic Fair Value Gaps indicator detects and plots size-filtered Fair Value Gaps (FVGs) and immediately analyzes the bullish vs. bearish volume composition inside each gap. When an FVG forms, the tool samples volume from a 10× lower timeframe , splits it into Buy and Sell components, and overlays two compact bars whose percentages always sum to 100%. Each gap also shows its total traded volume . A live dashboard (top-right) summarizes how many bullish and bearish FVGs are currently active and their cumulative volumes—offering a quick read on directional participation and trend pressure. 🔵 CONCEPTS FVGs (Fair Value Gaps) : Imbalance zones between three consecutive candles where price “skips” trading. The script plots bullish and bearish gaps and extends them until mitigated. Size Filtering : Only significant gaps (by relative size percentile) are drawn, reducing noise and emphasizing meaningful imbalances. // Gap Filters float diff = close > open ? (low - high ) / low * 100 : (low - high) / high *100 float sizeFVG = diff / ta.percentile_nearest_rank(diff, 1000, 100) * 100 bool filterFVG = sizeFVG > 15 Volume Decomposition : For each FVG, the indicator inspects a 10× lower timeframe and aggregates volume of bullish vs. bearish candles inside the gap’s span. 100% Split Bars : Two inline bars per FVG display the % Bull and % Bear shares; their total is always 100%. Total Gap Volume : A numeric label at the right edge of the FVG shows the total traded volume associated with that gap. Mitigation Logic : Gaps are removed when price closes through (or touches via high/low—user-selectable) the opposite boundary. Dashboard Summary : Counts and sums the active bullish/bearish FVGs and their total volumes to gauge directional dominance. 🔵 FEATURES Bullish & Bearish FVG plotting with independent color controls and visibility toggles. Adaptive size filter (percentile-based) to keep only impactful gaps. Lower-TF volume sampling at 10× faster resolution for more granular Buy/Sell breakdown. Per-FVG volume bars : two horizontal bars showing Bull % and Bear % (sum = 100%). Per-FVG total volume label displayed at the right end of the gap’s body. Mitigation source option : choose close or high/low for removing/invalidating gaps. Overlap control : older overlapped gaps are cleaned to avoid clutter. Auto-extension : active gaps extend right until mitigated. Dashboard : shows count of bullish/bearish gaps on chart and cumulative volume totals for each side. Performance safeguards : caps the number of active FVG boxes to maintain responsiveness. 🔵 HOW TO USE Turn on/off FVG types : Enable Bullish FVG and/or Bearish FVG depending on your focus. Tune the filter : The script already filters by relative size; if you need fewer (stronger) signals, increase the percentile threshold in code or reduce the number of displayed boxes. Choose mitigation source : close — stricter; gap is removed when a closing price crosses the boundary. high/low — more sensitive; a wick through the boundary mitigates the gap. Read the per-FVG bars : A higher Bull % inside a bullish gap suggests constructive demand backing the imbalance. A higher Bear % inside a bearish gap suggests supply is enforcing the imbalance. Use total gap volume : Larger totals imply more meaningful interest at that imbalance; confluence with structure/HTF levels increases relevance. Watch the dashboard : If bullish counts and cumulative volume exceed bearish, market pressure is likely skewed upward (and vice versa). Combine with trend tools or market structure for entries/exits. Optional: hide volume bars : Disable Volume Bars when you want a cleaner FVG map while keeping total volume labels and the dashboard. 🔵 CONCLUSION Volumatic Fair Value Gaps blends precise FVG detection with lower-timeframe volume analytics to show not only where imbalances exist but also who powers them. The per-gap Bull/Bear % bars, total volume labels, and the cumulative dashboard together provide a fast, high-signal read on directional participation. Use the tool to prioritize higher-quality gaps, align with trend bias, and time mitigations or continuations with greater confidence.
Pine Script® indicator
by BigBeluga
14
Smart Money Setup 08 [TradingFinder] Binary Options Gold Scalper🔵 Introduction In the Smart Money methodology, the market is understood as a structure driven by liquidity flow. This structure forms through the movement of large orders, the accumulation of liquidity, and the reactions that occur around key price zones. The logic of Smart Money is based on the idea that price movement is not random and usually evolves with the intention of collecting liquidity and creating price inefficiencies known as imbalances. Within this framework, several important stages including the liquidity sweep, the formation of a point of interest, the appearance of an imbalance and the transition of market structure play major roles and collectively define the broader direction of price. In many bullish scenarios, the market begins by sweeping sell side liquidity and targeting important lows in order to collect the liquidity resting below them. This liquidity collection often becomes the starting point for creating a point of interest which usually marks the area where Smart Money begins to enter the market. After price moves away from this point, it breaks a structural high and forms a change of character. This shift marks a transition in the balance of power between buyers and sellers and is considered the first clear signal that the market structure is changing. After the change of character, new institutional order flow often creates a strong and rapid movement that leaves behind an imbalance. This imbalance is one of the most important elements in Smart Money analysis because price tends to return to this area in order to complete structure and restore balance. The return into the imbalance becomes meaningful when it occurs together with the liquidity sweep, the presence of a validated point of interest and a confirmed structural transition. These conditions frequently mark the beginning of powerful movements within the Smart Money cycle. Understanding the sequence of liquidity, point of interest, imbalance, change of character and market structure builds the foundation of Smart Money analysis and provides a clear view of the true direction of institutional strength. Bullish Setup : Bearish Setup : 🔵 How to Use To use this framework effectively, the trader must analyze the market through the principles of Smart Money and observe how liquidity drives price. A trade becomes valid only when several essential components appear together in a clear and consistent order. These components include the liquidity sweep, the formation of a point of interest, the confirmation of a change of character, the transition of market structure and the return of price into an imbalance. The method is built on the understanding that the market first collects liquidity, then shifts order flow and finally provides an entry opportunity inside an inefficient area or inside a point of interest. For this reason, the trader must follow the path of liquidity from the moment the sweep occurs, through the point of interest and the change of character and finally into the return of price toward the imbalance. When applied correctly, this approach creates entries that are more precise, more structural and more aligned with the real behavior of the market rather than with superficial signals. 🟣 Long Position A bullish setup in Smart Money structure begins with a liquidity sweep on the sell side. The market first targets the areas where sell side liquidity is located and collects the stops and resting liquidity under previous lows. This collection is the condition that Smart Money requires to begin creating a new order flow. After this liquidity has been taken, a point of interest forms which is usually the last bearish candle or the effective demand zone that initiated the upward movement. Price then moves away from the point of interest and breaks a structural high which creates a change of character. This event confirms that the market structure has moved from a bearish state to a bullish one and that buying pressure has taken control of the order flow. Following this shift, a strong upward movement often occurs and creates an imbalance between candles. This imbalance reflects the entrance of strong Smart Money orders and is seen as an important confirmation of bullish strength. When price returns to this imbalance after the displacement, the market enters a phase where Smart Money aims to complete the corrective movement and continue the upward direction. The reaction inside the imbalance when combined with the liquidity sweep, the confirmed point of interest and the change of character completes the bullish setup and forms a structure that often leads to a continuation of the bullish trend. 🟣 Short Position A bearish setup follows the same Smart Money logic but in the opposite direction. The market begins by collecting buy side liquidity and targets the highs where buy side liquidity and resting stops are located. This liquidity sweep on the buy side becomes the starting phase for Smart Money to initiate a downward order flow. After the liquidity is collected, a bearish point of interest forms which is usually the last bullish candle or the supply zone that created the initial drop. Price then moves away from this point and breaks the first structural low. This creates a change of character to the downside which confirms that the market structure has transitioned from bullish to bearish and that selling pressure has gained control. After this shift, a strong downward displacement appears and leaves behind a bearish imbalance that clearly shows the dominance of sellers. As price returns to this imbalance and corrects the inefficient movement, the bearish setup becomes complete as long as the market structure remains bearish. The combination of the buy side liquidity sweep, the bearish point of interest, the change of character, the imbalance and the corrective return creates the ideal structure that Smart Money uses to continue the downward movement and develop a reliable selling opportunity. 🔵 Settings 🟣 Logic Settings Pivot Period : Defines how many bars are analyzed to identify swing highs and lows. Higher values detect larger, slower structures, while lower values respond to faster patterns. The default value of 5 offers a balanced sensitivity. 🟣 Alert Settings Alert : Enables alerts for SMS08. Message Frequency : Determines the frequency of alerts. Options include 'All' (every function call), 'Once Per Bar' (first call within the bar), and 'Once Per Bar Close' (final script execution of the real-time bar). Default is 'Once per Bar'. Show Alert Time by Time Zone : Configures the time zone for alert messages. Default is 'UTC'. 🔵 Conclusion The Smart Money approach demonstrates that price movement is not random or based on surface level patterns. Instead, it develops through a clear cycle of liquidity collection, structural transition and corrective movement toward key price zones. By recognizing events such as the liquidity sweep, the formation of the point of interest, the change of character and the return into the imbalance, the trader gains the ability to understand order flow more accurately and identify the true direction of market structure. Both bullish and bearish setups show that the alignment of these elements creates a transparent view of institutional behavior and reveals the source of strong movements in the market. When the trader correctly identifies this sequence, entry points become more reliable and more aligned with liquidity flow. The combination of liquidity, structure and imbalance provides a consistent framework that removes guesswork and guides decisions through the real logic of the market.
Pine Script® indicator
by TFlab
5