Cryptoin Awesome Indicator - Market StructureCryptoin Awesome Indicator - Market Structure (CAI-MS) 🌟
The Cryptoin Awesome Indicator - Market Structure (CAI-MS) is an advanced, proprietary overlay tool designed to decode market structure and price action dynamics with precision. Unlike traditional indicators that rely on lagging oscillators or moving averages, CAI-MS focuses on real-time swing point analysis and structural breakouts, offering traders a clear, actionable framework for identifying trend shifts, continuations, and key decision zones in forex, stocks, or crypto markets. 📊
What It Does: 📝
CAI-MS maps the market’s structural evolution by detecting and classifying swing points—Higher Highs (HH), Lower Highs (LH), Higher Lows (HL), and Lower Lows (LL)—based on a customizable lookback period. It then tracks price interactions with these levels to signal two critical events:
✅ Break of Structure (BOS): When price breaches a prior swing high or low, indicating potential trend continuation. 🚀
✅ Change of Character (CHoCH): When price invalidates the most recent swing in the opposite direction, suggesting a possible reversal. 🔄
Additionally, it plots fixed-length liquidity zones (BSL/SSL) derived from unbroken swing levels, helping traders anticipate support/resistance or stop-loss hunting areas. 🛡️
How It Works: ⚙️
The indicator uses a unique swing detection algorithm that analyzes price extremes over a user-defined number of bars (Swing Length). This avoids the noise of smaller fluctuations and focuses on significant pivots. Once a swing point is confirmed:
✅ It labels the pivot (e.g., HH, LH) to reflect the current structure. 🏷️
✅ If price breaks a prior high or low, a BOS line is drawn to mark the breakout, visually connecting the breached level to the breakout candle. 📏
✅ If the breakout reverses the prior trend (e.g., breaking a LH in a downtrend), it flags a CHoCH, alerting traders to a potential shift. ⚠️
✅ Unbroken swing levels extend as BSL/SSL lines for a fixed duration, offering strategic reference points. 🎯
This methodology combines structural analysis with breakout confirmation, distilled into a clean, overlay format that doesn’t clutter charts with redundant data.
Key Features: ✨
✅ Swing Point Detection: Identifies and labels HH, LH, HL, and LL with adjustable sensitivity, ensuring relevance across timeframes. 🔍
✅ BOS & CHoCH Visualization: Plots breakout lines and labels to highlight trend momentum or reversal setups. 📈
✅ Liquidity Zones (BSL/SSL): Extends prior swing levels as potential support/resistance, with customizable length and style. 🧱
✅ Customization: Toggle labels on/off, adjust line colors, styles (solid, dashed, dotted), and thickness to match your workflow. 🎨
✅ Original Approach: Unlike public tools relying on MAs or RSI, CAI-MS uses a proprietary pivot-based system tailored for structure traders. 🦄
Why It’s Valuable: 💎
This isn’t a mashup of classic indicators—it’s a purpose-built solution for market structure enthusiasts. Public scripts often flood charts with generic signals; CAI-MS delivers focused, context-aware insights by synthesizing swing analysis, breakout detection, and liquidity projection into one cohesive tool. Its closed-source design protects a unique algorithm that adapts to price action without overfitting or repackaging common techniques.
How to Use It: 🛠️
✅ Trend Continuation: Enter long after a BOS above a prior HH, or short below a prior LL, using BSL/SSL as take-profit zones. 📈
✅ Reversal Trades: Watch for CHoCH signals (e.g., price breaking a LH in a downtrend) to anticipate shifts, with BSL/SSL as stop-loss guides. 🔄
✅ Scalping/Swing Trading: Adjust Swing Length (e.g., 10 for scalping, 50 for swings) to match your timeframe. ⏱️
Pair it with a clean chart (no other indicators needed) to maximize clarity—add drawings like trendlines if desired, but the indicator stands alone.
Customization Options: 🖌️
✅ Swing Length: Increase (e.g., 50) for fewer, stronger pivots; decrease (e.g., 10) for more frequent signals. ⚖️
✅ Visuals: Enable/disable swing labels, tweak BOS line styles, or adjust BSL/SSL length (default: 50 bars). 🎚️
Search in scripts for "liquidity"
Vortex Candle MarkerVortex Candle Marker
The Vortex Candle Marker is a specialized TradingView indicator designed to identify and highlight **Vortex Candles**—candles that momentarily form without wicks on either the high or low. This unique price behavior can signal potential price retracements or reversals, aligning with the **Power of Three (PO3)** concept in price action theory.
Indicator Logic:
A candle is classified as a **Vortex Candle** if either of these conditions is met during its formation:
1. **Vortex Top:** The **high** equals either the **open** or **close**, indicating no upper wick.
2. **Vortex Bottom:** The **low** equals either the **open** or **close**, indicating no lower wick.
When a Vortex Candle is detected, the indicator changes the **candle border color** to **aqua**, making it easy to identify these significant price moments.
Market Insight & PO3 Interpretation:
In typical price behavior, most candles exhibit both upper and lower wicks, representing price exploration before settling at a closing value. A candle forming without a wick suggests **strong directional intent** at that moment. However, by the **Power of Three (PO3)** concept—Accumulation, Manipulation, and Distribution—such wickless formations often imply:
- **Price Reversion Likelihood:** When a candle temporarily forms without a wick, it suggests the market may **revisit the opening price** to establish a wick before the candle closes.
- **Liquidity Manipulation:** The absence of a wick may indicate a **stop-hunt** or liquidity grab, where the price manipulates one side before reversing.
- **Entry Triggers:** Identifying these moments can help traders anticipate potential **retracements** or **continuations** within the PO3 framework.
Practical Application
- **Early Reversal Detection:** Spot potential price reversals by observing wickless candles forming at key levels.
- **Breakout Validation:** Use Vortex Candles to confirm **true breakouts** or **false moves** before the price returns.
- **Liquidity Zones:** Identify areas where the market is likely to revisit to create a wick, signaling entry/exit points.
This indicator is a powerful tool for traders applying **Po3** methodologies and seeking to capture price manipulation patterns.
Multiple AVWAP [OmegaTools]The Multiple AVWAP indicator is a sophisticated trading tool designed for professional traders who require precision in volume-weighted price tracking. This indicator allows for the deployment of multiple Anchored Volume Weighted Average Price (AVWAP) calculations simultaneously, offering deep insights into price movements, dynamic support and resistance levels, and trend structures across multiple timeframes.
This indicator caters to both institutional and retail traders by integrating flexible anchoring methods, multi-timeframe adaptability, and enhanced visualization features. It also includes deviation bands for statistical analysis, making it a comprehensive volume-based trading solution.
Key Features & Functionalities
1. Multiple AVWAP Configurations
Users can configure up to four distinct AVWAP calculations to track different market conditions.
Supports various anchoring methods:
Fixed: A traditional AVWAP that starts from a defined historical point.
Perpetual: A rolling VWAP that continuously adjusts over time.
Extension: An extension-based AVWAP that projects from past calculations.
High Volume: Anchors AVWAP to the highest volume bar within a specified period.
None: Option to disable AVWAP calculation if not required.
2. Advanced Deviation Bands
Implements standard deviation bands (1st and 2nd deviation) to provide a statistical measure of price dispersion from the AVWAP.
Serves as a dynamic method for identifying overbought and oversold conditions relative to VWAP pricing.
Deviation bands are customizable in terms of visibility, color, and transparency.
3. Multi-Timeframe Support
Users can assign different timeframes to each AVWAP calculation for macro and micro analysis.
Helps in identifying long-term institutional trading levels alongside short-term intraday trends.
4. Z-Score Normalization Mode
Option to standardize oscillator values based on AVWAP deviations.
Converts price movements into a statistical Z-score, allowing traders to measure price strength in a normalized range.
Helps in detecting extreme price dislocations and mean-reversion opportunities.
5. Customizable Visual & Aesthetic Settings
Fully customizable line colors, transparency, and thickness to enhance clarity.
Users can modify AVWAP and deviation band colors to distinguish between different levels.
Configurable display options to match personal trading preferences.
6. Oscillator Mode for Trend & Momentum Analysis
The indicator converts price deviations into an oscillator format, displaying AVWAP strength and weakness dynamically.
This provides traders with a momentum-based perspective on volume-weighted price movements.
User Guide & Implementation
1. Configuring AVWAPs for Optimal Use
Choose the mode for each AVWAP instance:
Fixed (set historical point)
Perpetual (rolling, continuously updated AVWAP)
Extension (projection from past AVWAP levels)
High Volume (anchored to highest volume bar)
None (disables the AVWAP line)
Adjust the length settings to fine-tune calculation sensitivity.
2. Utilizing Deviation Bands for Market Context
Activate deviation bands to see statistical boundaries of price action.
Monitor +1 / -1 and +2 / -2 standard deviation levels for extended price movements.
Consider price action outside of deviation bands as potential mean-reversion signals.
3. Multi-Timeframe Analysis for Institutional-Level Insights
Assign different timeframes to each AVWAP to compare:
Daily VWAP (institutional trading levels)
Weekly VWAP (swing trading trends)
Intraday VWAPs (short-term momentum shifts)
Helps identify where institutional liquidity is positioned relative to price.
4. Activating the Oscillator for Momentum & Bias Confirmation
The oscillator converts AVWAP deviations into a normalized value.
Use overbought/oversold levels to determine strength and potential reversals.
Combine with other indicators (RSI, MACD) for confluence-based trading decisions.
Trading Applications & Strategies
5. Trend Confirmation & Institutional VWAP Tracking
If price consistently holds above the primary AVWAP, it signals a bullish trend.
If price remains below AVWAP, it indicates selling pressure and a bearish trend.
Monitor retests of AVWAP levels for potential trend continuation or reversal.
6. Dynamic Support & Resistance Levels
AVWAP lines act as dynamic floating support and resistance zones.
Price bouncing off AVWAP suggests continuation, whereas breakdowns indicate a shift in momentum.
Look for confluence with high-volume zones for stronger trade signals.
7. Mean Reversion & Statistical Edge Trading
Prices that deviate beyond +2 or -2 standard deviations often revert toward AVWAP.
Mean reversion traders can fade extended moves and target AVWAP re-tests.
Helps in identifying exhaustion points in trending markets.
8. Institutional Liquidity & Volume Footprints
Institutions often execute large trades near VWAP zones, causing price reactions.
Tracking multi-timeframe AVWAP levels allows traders to anticipate key liquidity areas.
Use higher timeframe AVWAPs as macro support/resistance for swing trading setups.
9. Enhancing Momentum Trading with AVWAP Oscillator
The oscillator provides a momentum-based measure of AVWAP deviations.
Helps in confirming entry and exit timing for trend-following trades.
Useful for pairing with stochastic oscillators, MACD, or RSI to validate trade decisions.
Best Practices & Trading Tips
Use in Conjunction with Volume Analysis: Combine with volume profiles, OBV, or CVD for increased accuracy.
Adjust Timeframes Based on Trading Style: Scalpers can focus on short-term AVWAP, while swing traders benefit from weekly/daily AVWAP tracking.
Backtest Different AVWAP Configurations: Experiment with different anchoring methods and lookback periods to optimize trade performance.
Monitor Institutional Order Flow: Identify key VWAP zones where institutional traders may be active.
Use with Other Technical Indicators: Enhance trading confidence by integrating with moving averages, Bollinger Bands, or Fibonacci retracements.
Final Thoughts & Disclaimer
The Multiple AVWAP indicator provides a comprehensive approach to volume-weighted price tracking, making it ideal for professional traders. While this tool enhances market clarity and trade decision-making, it should be used as part of a well-rounded trading strategy with risk management principles in place.
This indicator is provided for informational and educational purposes only. Trading involves risk, and past performance is not indicative of future results. Always conduct your own analysis and due diligence before executing trades.
OmegaTools - Enhancing Market Clarity with Precision Indicators
BearMetricsLooking at the financial health of a company is a critical aspect of stock analysis because it provides essential insights into the company's ability to generate profits, meet its financial obligations, and sustain its operations over the long term. Here are several reasons why assessing a company's financial health is important when evaluating a stock:
1. **Profitability and Earnings Growth**: A company's financial statements, particularly the income statement, provide information about its profitability. Analyzing earnings and revenue trends over time can help you assess whether the company is growing or declining. Investors generally prefer companies that show consistent earnings growth.
2. **Risk Assessment**: Financial statements, including the balance sheet and income statement, offer a comprehensive view of a company's assets, liabilities, and equity. By evaluating these components, you can gauge the level of financial risk associated with the stock. A healthy balance sheet typically includes a manageable debt load and strong equity.
3. **Cash Flow Analysis**: Cash flow statements reveal how effectively a company manages its cash, which is crucial for day-to-day operations, debt servicing, and future investments. Positive cash flow is essential for a company's stability and growth prospects.
4. **Debt Levels**: Examining a company's debt levels and debt-to-equity ratio can help you determine its leverage. High debt levels can be a cause for concern, as they may indicate that the company is at risk of financial distress, especially if it struggles to meet interest payments.
5. **Liquidity**: Liquidity is vital for a company's short-term survival. By assessing a company's current assets and current liabilities, you can gauge its ability to meet its short-term obligations. Companies with low liquidity may face difficulties during economic downturns or unexpected financial challenges.
6. **Dividend Sustainability**: If you're an income-oriented investor interested in dividend-paying stocks, you'll want to ensure that the company can sustain its dividend payments. A healthy balance sheet and consistent cash flow can provide confidence in dividend sustainability.
7. **Investment Confidence**: A company with a strong financial position is more likely to attract investor confidence and positive sentiment. This can lead to higher stock prices and a lower cost of capital for the company, which can be beneficial for its growth initiatives.
8. **Risk Mitigation**: By assessing a company's financial health, you can mitigate investment risk. Understanding a company's financial position allows you to make more informed decisions about the level of risk you are comfortable with and whether a particular stock aligns with your risk tolerance.
9. **Long-Term Viability**: Ultimately, investors are interested in companies that have the potential for long-term success. A company with a healthy financial foundation is more likely to weather economic downturns, adapt to industry changes, and thrive over the years.
In summary, examining a company's financial health is a fundamental aspect of stock analysis because it provides a comprehensive picture of the company's current state and its ability to navigate future challenges and capitalize on opportunities. It helps investors make informed decisions and assess the long-term prospects of a stock in their portfolio.
TJR SEEK AND DESTROYTJR SEEK AND DESTROY – Intraday ICT Trading Tool
Built for day traders, TJR SEEK AND DESTROY combines Smart Money concepts like order blocks, fair value gaps, and liquidity sweeps with structure breaks and daily bias to pinpoint high-probability trades during US market hours (9:30–16:00). Ideal for scalping or intraday strategies on stocks, futures, or forex.
What Makes It Unique?
Unlike standalone ICT indicators, this script integrates:
Order Blocks with volume and range filters for precise support/resistance zones.
Fair Value Gaps (FVG) to spot pre-market price imbalances.
Break of Structure (BOS) and Liquidity Sweeps for trend and reversal signals.
A 1H MA-based Bias to align trades with the day’s direction.
BUY/SELL Labels triggered only when bias, BOS, and sweeps align, reducing noise.
How Does It Work?
Order Blocks: Marks zones with high volume (>1.5x 20-period SMA) and low range (<0.5x ATR20) as teal boxes—potential reversal points.
Fair Value Gap: Compares the prior day’s close to the current open (pre- or post-9:30), shown as a purple line and label (e.g., "FVG: 0.005").
Pivot Point: Calculates (prevHigh + prevLow + prevClose) / 3 from the prior day, plotted as an orange line for equilibrium.
Break of Structure: Detects crossovers of 5-bar highs/lows (gray lines), marked with red triangles.
Liquidity Sweeps: Tracks breaches of the prior day’s high/low (yellow lines), marked with yellow triangles.
Daily Bias: Uses 1H close vs. 20-period MA (blue line) for bullish (green background), bearish (red), or neutral (gray) context.
Signals: BUY (green label) when bias is bullish, price breaks up, and sweeps the prior high; SELL (red label) when bias is bearish, price breaks down, and sweeps the prior low.
How to Use It
Setup: Apply to 1M–15M charts for US session trading (9:30–16:00 EST).
Trading:
Wait for a BUY label after a yellow sweep triangle above the prior day’s high in a green (bullish) background.
Wait for a SELL label after a yellow sweep triangle below the prior day’s low in a red (bearish) background.
Use order blocks (teal boxes) as support/resistance for stop-loss or take-profit.
Markets: Best for SPY, ES futures, or forex pairs with US session volatility.
Underlying Concepts
Order Blocks: High-volume, low-range bars suggest institutional activity.
FVG: Gaps between close and open indicate imbalance to be filled.
BOS & Sweeps: Price breaking key levels signals momentum or stop-hunting.
Bias: 1H MA filters trades by broader trend.
Chart Setup
Displays order blocks (teal boxes), pivot (orange), open (purple), bias (colored background), BOS/sweeps (triangles), and signals (labels). Keep other indicators off for clarity.
Crypto Market Session Guide with Local TimeMaster the Markets with the Ultimate Trading Session Indicator
Timing is everything in trading. Knowing when liquidity is at its peak and when market sessions overlap can make all the difference in your strategy. This Market Session Guide Indicator helps you navigate the trading day with real-time session tracking, countdown timers, and local time adjustments—giving you a clear edge in the market.
Key Features
Live Session Tracking – Instantly see which trading session is active: Asian, European, US, or the high-volatility EU-US overlap.
Automatic Local Time Conversion – No need to convert UTC manually—session times adjust automatically based on your TradingView exchange settings.
Daylight Saving Time Adjustments – The US market opening and closing times are automatically adjusted for summer and winter shifts.
Countdown Timer for Session Close – Know exactly when the current session will end so you can time your trades effectively.
Next Market Opening Display – Always be prepared by knowing which market opens next and at what exact time in your local timezone.
Clear Visual Guide – A structured table in the top-right of your chart provides all essential session details without cluttering your screen.
How It Works
This indicator tracks the three main trading sessions:
Asian Session (Tokyo, Sydney): 00:00 - 09:00 UTC
European Session (London, Frankfurt): 07:00 - 16:00 UTC
US Session (New York, Chicago): 13:30 - 22:00 UTC (adjusts automatically for Daylight Saving Time)
EU-US Overlap: 12:00 - 16:00 UTC, the most volatile period of the trading day
It also highlights when a session is about to close and when the next one will begin, ensuring you are always aware of liquidity shifts in the market.
Why You Need This Indicator
Optimized for Forex, Crypto, and Indices – Helps traders align their strategies with the most active market hours.
Ideal for Scalping and Day Trading – Enter trades during peak volatility to maximize opportunities.
Eliminates Guesswork – Stop manually tracking time zones and market schedules—everything updates dynamically for you.
Upgrade Your Trading Strategy Today
This indicator simplifies market timing, ensuring you're always trading when liquidity and volatility are at their highest. Whether you're trading Forex, Crypto, or Stocks, knowing when markets open and close is essential for making informed decisions.
Try it out, and if you find it useful, consider sharing it with other traders. Your feedback is always welcome!
HTF Candle Volume Thermometer [ChartPrime]The HTF Candle Volume Thermometer is a powerful volume heatmap tool that visualizes higher timeframe candle volume distributions directly on the chart. It helps traders identify key price levels where liquidity is concentrated, allowing for more informed trading decisions.
⯁ KEY FEATURES
Higher Timeframe Volume Mapping
Uses higher timeframe (HTF) candles to create a heatmap of volume distribution within each candle.
Dynamic Volume Heatmap
Colors each HTF candle background green for bullish and red for bearish, with a gradient heat overlay highlighting volume concentration.
Max Volume Point Identification
Marks the level within each HTF candle where the highest volume was recorded, using red for the most significant volume area.
Fully Customizable Display
Users can adjust the HTF timeframe, color settings, and resolution to tailor the indicator to their trading preferences.
Segmented Volume Distribution
Each HTF candle is divided into smaller levels, allowing traders to see volume changes within the range of each candle.
Key Level Detection
Max volume points often act as key support and resistance levels where price is likely to react, helping traders refine their strategies.
⯁ HOW TO USE
Identify Liquidity Zones
Use the max volume levels to determine areas where price is likely to find support or resistance.
Assess Trend Strength
Compare volume distribution between bullish and bearish HTF candles to gauge market momentum.
Optimize Trade Entries & Exits
Look for price reactions at high-volume areas to refine stop-loss and take-profit levels.
Adjust Heatmap Resolution
Customize the resolution setting to get a more detailed or broader view of volume segmentation within HTF candles.
⯁ CONCLUSION
The HTF Candle Volume Thermometer is a must-have tool for traders who want to integrate volume analysis with higher timeframe structures. By visualizing volume heatmaps within each HTF candle, this indicator helps traders pinpoint critical liquidity zones and key price levels.
Volume Metrics & Market CapitalizationThis Pine Script indicator provides a comparative view of volume metrics and market capitalization to help traders analyze relative volume strength in the context of a stock’s overall size.
Key Features:
Volume Formatting:
Converts numerical values into readable units (K for thousand, M for million, B for billion, T for trillion).
Volume Metrics:
Displays current bar volume, cumulative daily volume, and 30-day average volume.
Market Capitalization Calculation:
Uses the outstanding shares multiplied by closing price to estimate market cap.
Table Display:
Shows all these values in an easy-to-read table in the bottom-right of the chart.
How It Helps Compare Relative Volume to Market Cap
Relative Volume Strength
By comparing current volume and 30-day average volume, traders can quickly gauge if today’s volume is unusually high or low.
If daily volume exceeds the 30-day average, it suggests increased market interest in the stock.
Market Cap Context
Market cap provides a reference for whether a stock is large-cap, mid-cap, or small-cap, influencing how volume should be interpreted.
A high volume surge in a low market cap stock may indicate stronger momentum compared to the same volume change in a large-cap stock.
Liquidity and Volatility Signals
Comparing volume to market cap helps determine liquidity—stocks with low market cap but high volume may be more volatile.
Example: A small-cap stock with $50M market cap trading $20M daily volume is seeing 40% turnover, a significant indicator of strong movement.
Practical Use Case
Day Traders: Spot stocks experiencing unusual volume surges relative to their market cap, identifying potential breakout or momentum plays.
Swing Traders: Assess if a stock is trading at above-average volume levels, confirming strength in trends.
Investors: Understand liquidity and potential institutional interest in stocks, as larger players typically trade in high market-cap names with sustained volume.
This indicator is a quick-glance tool for identifying high-volume stocks relative to their size, helping traders make more informed decisions on potential opportunities. 🚀
HTF POI [TakingProphets]HTF POI – Higher Timeframe Points of Interest Detection
The HTF POI Indicator by Taking Prophets is designed for traders following ICT (Inner Circle Trader) concepts and smart money principles. This tool automatically detects higher timeframe (HTF) points of interest (POIs) such as Fair Value Gaps (FVGs), Inverse Fair Value Gaps (IFVGs), and Consequent Encroachment (CE) levels, helping traders spot high-probability trading zones used by institutions.
🔹 Key Features:
✅ Automatic Detection of FVGs & IFVGs – Identifies key price inefficiencies across multiple timeframes.
✅ Multi-Timeframe Analysis – Detect POIs on the current timeframe and up to five higher timeframes (HTF1 to HTF5).
✅ Customizable Sensitivity – Adjust detection settings to High, Medium, or Low based on price gap size.
✅ Fair Value Gap (FVG) Encroachment Lines – Optional midpoint levels to track potential price rebalancing.
✅ Volume Display Option – View volume within detected FVGs for additional confluence.
✅ Inverse Fair Value Gaps (IFVGs) – Tracks invalidated gaps that turn into new liquidity pools.
✅ Works Across All Markets – Ideal for Forex, Futures, Stocks, and Crypto.
🔹 How It Works:
📌 Fair Value Gaps (FVGs) – Price inefficiencies caused by fast institutional moves that often get revisited.
📌 Bullish FVGs (BISI) – Formed when price gaps up, creating a demand zone where price may return.
📌 Bearish FVGs (SIBI) – Formed when price gaps down, acting as a supply zone for potential reversals.
📌 Inverse Fair Value Gaps (IFVGs) – Previously unfilled FVGs that get mitigated and act as liquidity pools.
📌 Consequent Encroachment (CE) – The 50% midpoint of an FVG, where price often reacts.
📌 Multi-Timeframe Integration – Tracks higher timeframe gaps for confluence with lower timeframe setups.
🔹 How to Use:
Identify FVG zones for potential entries or exits in alignment with smart money concepts.
Use Consequent Encroachment (CE) levels to confirm reactions at the 50% level of an FVG.
Watch for IFVGs as they provide new liquidity pools after FVGs are invalidated.
Combine with CHoCH/BOS market structure shifts and Order Blocks for higher-probability trades.
🚀 Refine your trade entries with precision using the HTF POI Indicator by Taking Prophets!
Previous Hour High and Low### **🔷 Previous Hour High & Low Indicator – Description**
#### 📌 **Overview**
The **Previous Hour High & Low Indicator** is designed to help traders identify key levels from the last completed hourly candle. These levels often act as **support and resistance zones**, helping traders make informed decisions about potential breakouts, reversals, and liquidity grabs.
#### 🎯 **How It Works**
- At the start of every new hour, the indicator **locks in** the **high and low** from the **previous fully completed hour**.
- It then **draws horizontal lines** on the chart, marking these levels.
- Works **only on intraday timeframes** (e.g., 1m, 5m, 15m, 30m), ensuring clean and relevant levels.
- Updates dynamically **every new hour** without repainting.
#### 🔑 **Why Is This Useful?**
✔ **Identifies Key Liquidity Zones** – The market often reacts to previous hour highs/lows, making them useful for stop hunts, liquidity grabs, and order block setups.
✔ **Works Well with ICT Concepts** – If you're trading **ICT kill zones**, these levels can help in finding optimal trade entries.
✔ **Helps with Breakout & Rejection Setups** – Traders can watch for price breaking or rejecting these levels for trade confirmation.
✔ **Useful for Scalping & Day Trading** – Works best for short-term traders looking for intraday movements.
#### ⚙ **Customization Options**
- The high and low levels are color-coded:
🔵 **Previous Hour High (Blue)** → Acts as potential resistance or breakout point.
🔴 **Previous Hour Low (Red)** → Acts as potential support or breakdown level.
#### 📊 **Best Timeframes to Use This On**
- **1-minute, 5-minute, 15-minute, 30-minute charts** → Most effective for intraday trading.
- Avoid using on **hourly or higher timeframes**, as these levels become less relevant.
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🚀 **This indicator is perfect for traders looking to track short-term price reactions at key levels.** Let me know if you want to add alerts, zone shading, or any other enhancements! 🔥
[TehThomas] - ICT Premium & Discount - ICT Premium & Discount: Script Overview
This TradingView script is designed to visualize the ICT (Inner Circle Trader) Premium & Discount Concept by dynamically identifying the key price zones within a specified lookback period. It highlights the Premium Zone, Discount Zone, and Equilibrium Level, helping traders assess where price is trading in relation to historical highs and lows.
How the Script Works
1. Lookback Period Calculation
The script scans the last X bars (user-defined lookback period) to find the highest high and lowest low during that time.
This helps establish a reference range for determining whether the current price is trading in a premium (overbought) or discount (oversold) area.
2. Equilibrium Level
The equilibrium is simply the midpoint between the highest high and the lowest low within the lookback period.
This level serves as a fair value price where price often reacts or consolidates.
3. Drawing the Premium & Discount Zones
The script creates two distinct zones:
Premium Zone (above equilibrium): Price is considered expensive.
Discount Zone (below equilibrium): Price is considered cheap.
These zones are displayed using colored boxes (red for premium, green for discount).
4. Equilibrium Line & Labels
A dashed equilibrium line is plotted at the midpoint to give a visual reference.
Labels for Premium, Discount, and Equilibrium are added to help traders quickly identify these levels.
Settings You Can Change
The script includes multiple input parameters that allow customization:
1. Lookback Period (lookback)
Default: 50 bars
Defines how many past candles to analyze for the highest high and lowest low.
A larger lookback provides a broader market structure, while a smaller one captures short-term moves.
Premium Zone Color (premium_color)
Default: Red (80% transparency)
You can modify this to change how the premium zone appears on the chart.
Discount Zone Color (discount_color)
Default: Green (80% transparency)
Allows customization of the discount zone’s color.
Extend Boxes Right (extend_right)
Default: 15 bars
Defines how far the premium and discount boxes extend into the future for better visibility.
Why This Script is Useful
Identifies High-Probability Trade Zones.
Traders can use the Premium & Discount zones to find optimal trade entries based on ICT concepts.
Buy in the Discount Zone and sell in the Premium Zone when confluence aligns.
Enhances Smart Money Concepts (SMC) Trading
ICT traders look for liquidity sweeps, fair value gaps, and order blocks.
Combining these with premium & discount levels increases trade accuracy.
Works on Any Timeframe & Asset
The script is effective across forex, crypto, stocks, and indices on multiple timeframes.
How to Use the ICT Premium & Discount Concept in Trading
Find the Range
Apply the script to your chart and check the premium and discount levels.
Ensure you are using a relevant lookback period (e.g., 50 bars for intraday, 100+ for higher timeframes).
Wait for Price to Enter a Key Zone
Long Trades: Look for bullish confirmations (e.g., liquidity grabs, order blocks) in the Discount Zone.
Short Trades: Seek bearish setups in the Premium Zone where price is expensive.
Use the Equilibrium as a Reaction Zone
Price often bounces off or retests equilibrium before making a directional move.
Consider it as a dynamic support/resistance level.
Combine with Other ICT Concepts
Fair Value Gaps (FVGs): Look for price inefficiencies inside premium/discount zones.
Liquidity Sweeps: Watch for stop hunts and false breakouts before entering trades.
Order Blocks (OBs): Use smart money footprints to refine your entries.
Final Thoughts
This script is a powerful tool for ICT traders looking to refine their premium & discount analysis. By visually separating the market into premium (overbought) and discount (oversold) zones, traders can make more informed, high-probability trading decisions.
Altcoins Screener [SwissAlgo]Introduction: The Altcoins Screener at a Glance
The Altcoins Screener is a cryptocurrency analysis tool designed to provide an overview of potential trading opportunities across multiple crypto coins/tokens and categories. By combining technical analysis, price action assessment, and social metrics (via LunarCrush data), it presents market information and trading signals for a broad range of altcoins (approx. 300 USDT.P pairs of 9 crypto categories).
The screener is designed to consolidate market information onto a single chart , aiming to streamline the analysis of market conditions. It provides a consolidated market overview, which can simplify the assessment of market conditions, compared to monitoring individual charts with several layered indicators.
Key Features:
🔹 Multi-category analysis covering 300 crypto pairs of 9 categories on a single chart (Layer 1 & Top Coins, Layer2 & Scaling, Defi & Landing, Gaming & Metaverse, AI & Data, Exchanges & Trading, NFT & Social, Memes & Community, Other, User's Custom Portfolio).
🔹 Technical analysis with trade signals (Long/Short) based on an aggregated view of technical and social data points
🔹 Social sentiment integration through LunarCrush metrics (GalaxyScore, AltRank, Social Sentiment)
🔹 Real-time market scanning provides automated alerts when market conditions for specified coins/tokens potentially change.
🔹 Custom watchlist support for personalized monitoring (users can define a custom category containing a set of specific cryptocurrencies, i.e. own portfolio).
The screener presents data in a table format, using color-coded indicators to aid visual analysis. Detailed technical information is also provided. The assessments/trade signals provided by this indicator should be considered as one input among many when forming your trading strategy.
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What It Does
The Altcoins Screener is a cryptocurrency analysis tool that offers:
Data Display and Analysis (Technical/Social):
🔹 Technical Metrics
* Technical Raw Data : Displays raw values for a range of technical indicators, including RSI, Stochastic RSI, DMI/ADX, RVI, ATR, OBV, and Hull Moving Averages (including their recent trends and potential significance).
Detailed view of key technical indicators, for further analysis and evaluation:
* Technical Analysis (Summary) : Provides a summarized interpretation of technical conditions based on aggregated parameters:
* Price Action
* Trend
* Momentum
* Volatility
* Volume
Summarized view of confluences for potential long/short bias:
🔹 Social Metrics (LunarCrush) : Presents data from LunarCrush®, including Galaxy Score®, AltRank®, and Social Sentiment® (including their recent trends and potential significance).
Lunarcrush data for the top 10 coins for each crypto category:
🔹 PVSRA (Price Volume & Market Makers Activity) Candles : Shows special candles highlighting potential market maker activity and volume anomalies, helping identify possible manipulation zones (including imbalance zones, i.e. price areas that market makers may revisit)
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Key Features:
Automated trade signals (Long/Short) are generated based on algorithmic calculations and signal confidence levels across technical and social data points. These signals are intended to be used as one component of a broader trading strategy.
Custom sensitivity settings allow users to adjust the analysis timeframe (options: 1D, 2D, or 1W). Higher timeframes may provide a broader perspective, while the 2D setting is the default configuration.
Multi-category analysis covering a selection of approximately 300 crypto pairs across 9 predefined crypto categories.
Custom symbol selection: Users can define a custom list of up to 10 symbols for focused monitoring.
Automated Alerts to track potential trend changes across crypto categories (Long to Short to Neutral, or vice versa)
Visual Interface:
Organized table display with color-coded indicators to aid interpretation.
Clear and efficient format for scanning market information.
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Target Audience
🔹 The screener is designed for cryptocurrency traders who:
Need to efficiently monitor multiple USDT perpetual futures markets
Use technical analysis in their trading decisions
Want to track sector-wide movements across crypto categories
🔹 Suitable for different trading styles:
Scalpers requiring quick market assessment
Swing traders analyzing multi-day trends
Position traders monitoring longer-term setups
The color-coded interface makes it accessible for intermediate traders while providing detailed metrics for advanced users. A basic understanding of technical analysis and crypto trading is recommended.
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How It Works
The Altcoins Screener evaluates cryptocurrencies through a multi-layered analysis:
🔹 Core Analysis Components
Each parameter combines multiple indicators for comprehensive evaluation:
Price Action
EMA crossovers and momentum
Support/resistance zones
Candlestick patterns
Trend
Hull Moving Average system
DMI/ADX trend strength
Multi-timeframe confirmation
Momentum
RSI/Stochastic RSI readings
MACD convergence/divergence
Oscillator confirmations
Volatility
RVI/ATR measurements
Bollinger Bands behavior
Historical volatility trends
Volume
OBV trend analysis
Volume/price correlations
Volume profile assessment
🔹 Signal Generation Process
1. Real-time data collection across timeframes
2. Weighted indicator calculations
3. Parameter aggregation and analysis
4. Signal strength determination
5. Color-coding and alert generation
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How to Use
🔹 Initial Setup:
Add the indicator to a chart (use the 1D timeframe)
Select your preferred crypto category or create a custom list
Choose between Technical Analysis or Technical Metrics view
Set data sensitivity based on your trading style
🔹 Using the Technical Analysis View:
Monitor color-coded dots for quick market assessment
Green: bullish conditions
Red: bearish conditions
Gray: neutral conditions
Check the "Trade Signal" column for potential Long/Short entries signaled by confluences among technical and/or social data points
🔹 Using the Technical Metrics View:
Review detailed numerical values
Monitor slopes (↑↓ arrows) for the most recent trend direction of each data point
Watch for pivotal points (highlighted cells): these are data points that suggest potential trend reversals
Focus on the confluence of multiple indicators
The technical metrics view corroborates the conclusions shown in the Technical Analysis View, providing more details about some critical data points.
🔹 Alert Configuration:
Enable Technical Alerts for signal notifications (which coin/token seems most suited for Long or Short trades, and which coin/token is in a neutral/uncertain state for trading = "No Trade")
Configure alert conditions based on trading style
Set timeframe-appropriate sensitivity
Monitor alert messages for trade signals
Instructions on how to set alerts are provided in the script (enable "Signals Setup Instructions" in User Interface to get a step-by-step guide about setting up alerts)
Best Practices:
Confirm signals across multiple timeframes
Use appropriate sensitivity for your trading style
Monitor multiple categories for sector rotation
Combine signals with your trading strategy
Verify signals with price action confirmation and deep dive into the charts of your potential targets
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About the Settings
🔹 Crypto Category Selection
Layer 1 & Major: Top market cap coins (BTC, ETH, XRP,...), established protocols
Layer 2 & Scaling: ETH L2s, scaling solutions
DeFi & Lending: Decentralized finance protocols
Gaming & Metaverse: Gaming and virtual world tokens
AI & Data: Artificial intelligence and data projects
Exchange & Trading: Exchange tokens, trading protocols
NFT & Social: NFT platforms, social tokens
Memes & Community: Community-driven tokens
Others & Misc: Other categories
Custom Category: User-defined list (up to 10 symbols)
Data Type Options
Technical Analysis: Color-coded summary view
Technical Metrics: Detailed numerical values of some key technical data points
Sensitivity Settings
Higher: Shorter timeframe, more frequent signals
Default: Balanced timeframe, standard signals
Lower: Longer timeframe, stronger signals
Alert Settings
Technical Alerts: Trade signal notifications
Data Timeframe: Minimum 1D required
Theme: Dark/Light mode options
Note: All analysis is performed on USDT Perpetual Futures pairs from Binance
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FAQ
Q: Does the screener work on other exchanges besides Binance?
A: No, it's designed specifically for Binance USDT Perpetual Futures pairs. Binance offers the highest liquidity and trading volume in the crypto derivatives market, making it ideal for technical analysis. The extensive range of trading pairs and reliable data streams help ensure more accurate signals and analysis. Using a single high-liquidity exchange also helps avoid inconsistencies that could arise from aggregating data across multiple platforms with varying liquidity levels.
Q: What's the minimum timeframe required?
A: The screener requires a minimum 1D (daily) timeframe. This requirement ensures that the technical analysis has sufficient data points for reliable signal generation. Lower timeframes can produce more noise and false signals, while daily timeframes help filter out market noise and identify stronger trends.
Q: Why are some social metrics showing "NaN"?
A: "NaN" (Not a Number) appears when cryptocurrencies don't have associated LunarCrush data. This typically occurs with newer tokens or those with lower market caps. The technical analysis remains fully functional regardless of social metric availability, as these are complementary data points.
Q: How often are signals updated?
A: Signals update with each new candle on the selected timeframe (1D, 2D, or 1W). For example, on the default 2D setting, signals are recalculated every two days as new candles form. This helps reduce noise while maintaining timely analysis of market conditions.
Q: Can I add spot trading pairs?
A: No, the screener is optimized for Binance USDT perpetual futures pairs for data consistency and analysis purposes. While spot and perpetual prices typically align closely due to arbitrage, using a single data source (Binance) and contract type (USDT perpetual) ensures uniform data quality and analysis across all pairs. This standardization helps maintain reliable technical analysis and signal generation.
Q: How many coins can I add to my custom list?
A: Users can add up to 10 custom symbols to their watchlist. This limit is designed to maintain optimal performance while allowing focused monitoring of specific assets. The custom list complements the predefined categories that cover over 300 pairs.
Q: What determines signal confidence levels?
A: Signal confidence is calculated through a weighted algorithm that considers multiple factors: trend strength (Hull MA, DMI/ADX), momentum indicators (RSI, SRSI), volatility measurements (RVI, ATR, BB), volume analysis (OBV, volume trends), and price action patterns. Higher confidence levels indicate stronger alignment across these factors.
Q: Are signals guaranteed to work?
A: No. Signals are analytical tools based on historical and current market data, not guaranteed predictions. They should be used as one component of a comprehensive trading strategy that includes proper risk management, position sizing, and additional confirmation factors. Past performance does not guarantee future results.
Q: Why does the screener need higher timeframes?
A: Higher timeframes (1D minimum) provide several benefits: reduced market noise, more reliable technical signals, better trend identification, and lower likelihood of false signals. They also align better with institutional trading patterns and allow for a more thorough analysis of market conditions across multiple indicators.
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Conclusion
The Altcoins Screener is a comprehensive crypto market analysis tool that:
Scans 300+ cryptocurrencies across 9 sectors on a single chart
Combines technical indicators and social metrics for signal generation
Identifies potential trading opportunities through color-coded visuals
Saves time by eliminating the need to monitor multiple charts
The tool is suited for:
Market overview and sector rotation analysis
Quick assessment of market conditions
Technical and social sentiment tracking
Systematic trading approach with alerts
Use this screener with caution and as a complement to any other tool you use to define your trading strategy.
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Disclaimer
This indicator is for informational and educational purposes only:
Not financial advice: This indicator should not be considered investment advice.
No guarantee of accuracy: The indicator's calculations and signals are based on specific algorithms and data sources, but accuracy cannot be guaranteed. Market conditions can change rapidly.
Past performance is not predictive: Past performance of the indicator's signals or any specific asset is not indicative of future results.
Substantial risk of loss: Trading cryptocurrencies involves a substantial risk of loss. You can lose money trading these assets.
User responsibility: Users are solely responsible for their own trading decisions and should exercise caution.
Independent research required: Always conduct thorough independent research (DYOR) before making any trading decisions.
Technical analysis is one of many tools: Technical analysis, including the output of this indicator, is just one tool among many and should not be relied upon exclusively.
Risk management is essential: Use proper risk management techniques, including position sizing and stop-loss orders.
Comprehensive strategy: Use this tool as part of a comprehensive trading strategy, not as a standalone solution.
No liability for trading results: The Author assumes no responsibility or liability for any trading results or losses incurred as a result of using this indicator.
No TradingView affiliation: SwissAlgo is an independent entity and is not affiliated with or endorsed by TradingView.
LunarCrush data: The indicator utilizes publicly available data from LunarCrush. LunarCrush data and trademarks are the property of LunarCrush.
Consult a financial advisor: Consult with a qualified financial advisor before making any investment decisions.
By using this indicator, you acknowledge and agree to these terms. If you do not agree with these terms, please refrain from using this indicator.
Dynamic Customizable 50% Line & Daily High/Low + True Day OpenA Unique Indicator for Precise Market-Level Analysis
This indicator is a fully integrated solution that automates complex market-level calculations and visualizations, offering traders a tool that goes beyond the functionality of existing open-source alternatives. By seamlessly combining several trading concepts into a single script, it delivers efficiency, accuracy, and customization that cater to both novice and professional traders.
Key Features: A Breakdown of What Makes It Unique
1. Adaptive Daily Highs and Lows
Automatically detects and plots daily high and low levels based on the selected time frame, dynamically updating in real time.
Features session-based adjustments, allowing traders to focus on levels that matter for specific trading sessions (e.g., London, New York).
Fully customizable styling, visibility, and alerts tailored to each trader’s preferences.
How It Works:
The indicator calculates daily high and low levels directly from price data, integrating session-specific time offsets to account for global trading hours. These levels provide traders with clear visual markers for key liquidity zones.
2. Automated ICT 50% Range Line
A pioneering implementation of ICT’s mid-range concept, this feature dynamically calculates and displays the midpoint of the daily range.
Offers traders a visual guide to identify premium and discount zones, aiding in determining market bias and potential trade setups.
How It Works:
The script calculates the range between the day’s high and low, dividing it by two to generate the midline. This line updates in real-time, ensuring that traders always see the most current premium and discount levels as price action evolves.
3. Dynamic Market Open Levels
Plots session opens (e.g., Asia, London, New York) and the True Day Open to provide actionable reference points for intra-day trading strategies.
Enhances precision in identifying liquidity shifts and aligning trades with institutional price movements.
How It Works:
The indicator uses predefined session times to calculate and display the opening levels for key trading sessions. It dynamically adjusts for time zones, ensuring accuracy regardless of the trader’s location.
4. Custom Watermark for Enhanced Visualization
Includes an optional watermark feature that allows users to display custom text on their charts.
Ideal for personalization, branding, or highlighting session notes without disrupting the clarity of the chart.
Why This Indicator Stands Out
First-to-Market Automation:
While the ICT 50% range line is a widely recognized concept, this is the first script to automate its calculation, combining it with other pivotal trading levels in a single tool.
All-in-One Functionality:
Unlike open-source alternatives that focus on individual features, this script integrates daily highs/lows, mid-range levels, session opens, and customizable watermarks into one cohesive system. The consolidation reduces the need for multiple indicators and ensures a clean, efficient chart setup.
Dynamic Customization:
Every feature can be adjusted to align with a trader’s strategy, time zone, or aesthetic preferences. This level of adaptability is unmatched in existing tools.
Proprietary Logic:
The indicator’s underlying calculations are built from scratch, leveraging advanced programming techniques to ensure accuracy and reliability. These proprietary methods differentiate it from similar open-source scripts.
How to Use This Indicator
Apply the Indicator:
Add it to your TradingView chart from the library.
Configure Settings:
Use the intuitive settings panel to adjust plotted levels, colors, styles, and visibility. Tailor the indicator to your trading strategy.
Incorporate into Analysis:
Combine the plotted levels with your preferred trading approach to identify liquidity zones, establish market bias, and pinpoint potential reversals or entries.
Stay Focused:
With all key levels automated and updated in real time, traders can focus on execution rather than manual plotting.
Originality and Justification for Closed Source
This script is closed-source due to its unique combination of features and proprietary logic that automates complex trading concepts like the ICT 50% range line and session-specific levels. Open-source alternatives lack this level of integration and customization, making this indicator a valuable and original contribution to the TradingView ecosystem.
What Sets It Apart from Open-Source Scripts?
Unlike open-source tools, this indicator doesn’t just replicate individual features—it enhances and integrates them into a seamless, all-in-one solution that offers traders a more efficient and effective way to analyze the market.
CandelaCharts - Imbalance Concepts 📝 Overview
Imbalance Concepts is an advanced toolkit rooted in ICT (Inner Circle Trader) principles, specifically designed to identify and highlight critical areas of support and resistance within financial markets. This toolkit focuses on detecting market imbalances that can indicate potential turning points or high-probability zones for price action.
The key components of the toolkit include:
Fair Value Gaps (FVG)
Inversion Fair Value Gaps (IFVG)
Balanced Price Range (BPR)
Volume Imbalances (VI)
Opening Gaps (OG)
The toolkit automatically detects these imbalances and visually marks them on charts, allowing traders to quickly identify key zones for analysis. This enables more informed decision-making, as these imbalances often signal the potential for major market shifts, reversals, or continuation patterns.
By integrating Imbalance Concepts, traders can focus on critical price areas that have a high likelihood of influencing future price action.
📦 Features
The Imbalance Concepts toolkit provides a robust set of features aimed at improving trading accuracy and decision-making. Key features include:
MTF
Mitigation
Consequent Encroachment
Threshold
Hide Overlap
Advanced Styling
⚙️ Settings
Show: Controls whether Imbalances are displayed on the chart.
Show Last: Sets the number of Imbalances you want to display.
Length: Determines the length of each Imbalance.
Mitigation: Highlights when an Imbalance has been touched, using a different color without marking it as invalid.
Timeframe: Specifies the timeframe used to detect Imbalances.
Threshold: Sets the minimum gap size required for Imbalance detection on the chart.
Show Mid-Line: Configures the midpoint line's width and style within the Imbalance. (Consequent Encroachment - CE)
Show Border: Defines the border width and line style of the Imbalance.
Hide Overlap: Removes overlapping Imbalances from view.
Extend: Extends the Imbalance length to the current candle.
Elongate: Fully extend the Imbalance length to the right side of the chart.
⚡️ Showcase
Fair Value Gaps (FVG)
Inversion Fair Value Gaps (IFVG)
Balanced Price Range (BPR)
Volume Imbalances (VI)
Opening Gaps (OG)
📒 Usage
The key components of trading imbalances include:
Step 1 – Identify Market Trend: Begin by determining the market trend for the asset, whether it is bullish or bearish.
Step 2 – Locate Premium and Discount Zones: In a bearish market, focus on identifying the premium Imbalance, while in a bullish market, look for the discount Imbalance.
Step 3 – Detect Liquidity Sweep: After identifying the trend, the next step is to spot a liquidity sweep, which often indicates a potential price reversal or continuation.
Step 4 – Detect Change In State of Delivery: Following the liquidity sweep, the next step is to recognize a CISD, which frequently serves as a confirmation of a potential price reversal.
Step 5 – Execute the Trade: In a bullish market, wait for the price to retrace and test the discount imbalance, aiming to balance the price movement before entering the trade.
NOTES:
You always short only on Premium, and long on Discount.
Fair Value Gaps (FVG)
Inversion Fair Value Gaps
Balanced Price Range
🚨 Alerts
The indicator provides the ability to set alerts for various significant market events related to its core features.
You can configure alerts for the following key events:
Fair Value Gaps Formation (+B/-B)
Inversion Fair Value Gaps Formation (+B/-B)
Balanced Price Range Formation (+B/-B)
Volume Imbalances Formation (+B/-B)
Opening Gaps Formation (+B/-B)
⚠️ Disclaimer
These tools are exclusively available on the TradingView platform.
Our charting tools are intended solely for informational and educational purposes and should not be regarded as financial, investment, or trading advice. They are not designed to predict market movements or offer specific recommendations. Users should be aware that past performance is not indicative of future results and should not rely on these tools for financial decisions. By using these charting tools, the purchaser agrees that the seller and creator hold no responsibility for any decisions made based on information provided by the tools. The purchaser assumes full responsibility and liability for any actions taken and their consequences, including potential financial losses or investment outcomes that may result from the use of these products.
By purchasing, the customer acknowledges and accepts that neither the seller nor the creator is liable for any undesired outcomes stemming from the development, sale, or use of these products. Additionally, the purchaser agrees to indemnify the seller from any liability. If invited through the Friends and Family Program, the purchaser understands that any provided discount code applies only to the initial purchase of Candela's subscription. The purchaser is responsible for canceling or requesting cancellation of their subscription if they choose not to continue at the full retail price. In the event the purchaser no longer wishes to use the products, they must unsubscribe from the membership service, if applicable.
We do not offer reimbursements, refunds, or chargebacks. Once these Terms are accepted at the time of purchase, no reimbursements, refunds, or chargebacks will be issued under any circumstances.
By continuing to use these charting tools, the user confirms their understanding and acceptance of these Terms as outlined in this disclaimer.
Uptrick: Oscillator SpectrumUptrick: Oscillator Spectrum is a versatile trading tool designed to bring together multiple aspects of technical analysis—oscillators, momentum signals, divergence checks, correlation insights, and more—into one script. It includes customizable overlays and alert conditions intended to address a wide range of market conditions and trading styles.
Developed in Pine Script™, Uptrick: Oscillator Spectrum represents an extended version of the classic Ultimate Oscillator concept. It consolidates short-, medium-, and long-term momentum readings, applies correlation analysis across different symbols, and offers optional table-based metrics to provide traders with a more structured overview of potential trade setups. Whether used alongside your existing charts or as a standalone toolkit, it aims to build on and enhance the functionality of the standard Ultimate Oscillator.
### A Few Key Features
- Momentum Insights: Multiple timeframes for oscillators, plus buy/sell signal modes for flexible identification of overbought/oversold situations or crossovers.
- Divergence Detection: Automated checks for bullish/bearish divergences, aiming to help traders spot potential shifts in momentum.
- Correlation Meter: A visual histogram summarizing how selected assets are collectively trending. It is useful for tracking the bigger market picture.
- Gradient Overlays & Bar Coloring: Dynamic color transitions designed to emphasize changes in momentum, trend shifts, and overall sentiment without cluttering the chart.
- Money Flow Tracker: Tracks the flow of money into and out of the market using a smoothed Money Flow Index (MFI). Highlights overbought/oversold conditions with dynamic bar coloring and visual gradient fills, helping traders assess volume-driven sentiment shifts.
- Advanced Table Metrics: An optional table showing return on investment (ROI), collateral risk, and other contextual metrics for supported assets.
- Alerts & Automation: Configurable alerts covering divergence events, crossing of critical levels, and more, helping to keep traders informed of developments in real time.
### Intended Usage
- For Multiple Markets: Works on various markets (cryptocurrencies, forex pairs, stocks) to deliver a consistent view of momentum, potential entry/exit signals, and correlation.
- Adaptable Trading Styles: With customizable input settings, you can enable or disable specific features to align with your preferred strategies—intraday scalping, swing trading, or position holding.
By combining these elements under one indicator, Uptrick: Oscillator Spectrum allows traders to streamline analysis workflows, helping them stay focused on interpreting market moves and making informed decisions rather than juggling multiple scripts.
Purpose
Purpose of the “Uptrick: Oscillator Spectrum” Indicator
The “Uptrick: Oscillator Spectrum” indicator is intended to bring together several technical analysis elements into one tool. It combines oscillator-based momentum readings across different lookback periods, checks for potential divergences, provides optional buy/sell signal triggers, and offers correlation-based insights across multiple symbols. Additionally, it includes features such as bar coloring, gradient visualization, and user-configurable alerts to help highlight various market conditions.
By consolidating these functions, the script aims to help users systematically observe changing momentum, identify when prices reach user-defined overbought or oversold levels, detect when oscillator movements diverge from price, and examine whether different assets are aligning or diverging in their trends. The indicator also allows for optional advanced metric tables, which can supply further context on risk, ROI calculations, or other factors for supported assets. Overall, the script’s purpose is to organize multiple layers of technical analysis so that users have a structured way to evaluate potential trade opportunities and market behavior.
## Usage Guide
Below is an outline of how you can utilize the various components and features of Uptrick: Oscillator Spectrum in your charting workflow.
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### 1. Using the Core Oscillator
- Basic View: By default, the script calculates a multi-timeframe oscillator (commonly displayed as the “Ultimate Oscillator”). This oscillator combines short-, medium-, and long-term measurements of buying pressure and true range.
- Overbought/Oversold Zones: You can configure thresholds (e.g., 70 for overbought, 30 for oversold) to help identify potential turning points. When the oscillator crosses these levels, it may indicate that price is extended in one direction.
- You can use the colors of the main oscillator to help you take short-term trades as well: cyan : Buy , red: Sell
- Alerts: If you enable alerts, the indicator can notify you when the oscillator crosses above or below your chosen overbought/oversold boundaries or when you get buy/sell signals.
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### 2. Buy/Sell Signals in Overlay Modes
Uptrick: Oscillator Spectrum provides several signal modes and a choice between overlay true and overlay false or both. Additionally, you can pick which “line” (data source) the script uses to generate signals. This is set in the “Line to Analyze” dropdown, which includes Oscillator, HMA of Oscillator, and Moving Average. The following sections describe how each piece fits together.
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#### Line to Analyze - Overlay Flase: Oscillator / HMA of Oscillator / Moving Average
1. Oscillator
- The core momentum reading, reflecting short-, medium-, and long-term periods combined.
2. HMA of Oscillator
- Applies a Hull Moving Average to the oscillator, creating a smoother but still responsive curve.
- Signals will be derived from this smoothed line. Some traders find it filters out minor fluctuations while remaining quicker to react than standard averages.
3. Moving Average
- Uses a user-selected MA type (SMA, EMA, WMA, etc.) over the oscillator values, rather than the raw oscillator itself.
- Tends to be more stable than the raw oscillator, but might delay signals more depending on the chosen MA settings.
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#### Signal Modes
Regardless of which line you choose to analyze, you can use one of the following seven signal modes in overlay being true:
1. Overbought/Oversold (Pyramiding)
- What It Does:
- Buy signal when the chosen line crosses below the oversold threshold.
- Sell signal when it crosses above the overbought threshold.
- Pyramiding:
- Allows multiple triggers within the same overbought/oversold event.
2. Overbought/Oversold (Non Pyramiding)
- What It Does:
- Same thresholds but only one signal per oversold or overbought event.
- Use Case:
- Prevents repeated signals and chart clutter.
3. Smoothed MA Middle Crossover
- What It Does:
- Uses an MA defined by the user.
- Buy when crossing above the midpoint (50), Sell when crossing below.
- Use Case:
- Generates fewer signals, focusing on broader momentum shifts. There is no pyramiding.
In this image ,for example, the VWMA is used with length of 14 to identify buy sell signals.
4. Crossing Above Overbought/Below Oversold (Non Pyramiding)
- What It Does:
- Buy occurs if the line exits oversold territory by crossing back above it.
- Sell occurs if the line exits overbought territory by crossing back below it.
- Non Pyramiding:
- Restricts repeated signals until conditions reset.
5. Crossing Above Overbought/Below Oversold (Pyramiding)
- What It Does:
- Same thresholds, but allows multiple signals if the line repeatedly dips in and out of overbought or oversold.
- Use Case:
- More frequent entries/exits for active traders.
6. Divergence (Non Pyramiding)
- What It Does:
- Identifies bullish or bearish divergences using the chosen line vs. price.
- Buy for bullish divergence (higher low on the line vs. lower low on price), Sell for bearish divergence.
- Single Trigger:
- Only one signal per identified divergence event. (non pyramiding)
7. Divergence (Pyramiding)
- What It Does:
- Same divergence logic but triggers multiple times if the script sees repeated divergence in the same direction.
- Use Case:
- Could suit traders who layer positions during sustained divergence scenarios.
#### Overlay Modes: True vs. False
1. Overlay True
- Buy/sell arrows or labels plot directly on the main price chart, often at or near candlesticks.
- Bar Coloring:
- Can turn the candlestick bars green (buy) or red (sell), with intensity reflecting signal recency if bar coloring is enabled for this mode. (read below.)
- Advantage:
- Everything (price, signals, bar colors) is in one spot, making it straightforward to associate signals with current market action. You can adjust the periods of the main oscillator or lookback periods of divergences or overbought/oversold thresholds, to play around with your signals.
2. Overlay False
- Signal Placement:
- Signals appear in a sub-window or oscillator panel, leaving the main price chart uncluttered.
- Bar Coloring:
- You may still enable bar colors on the main chart (green for buy, red for sell) if desired.
- Alternatively, you can keep them neutral if you prefer a completely separate display of signals.
- Advantage:
- Clear separation of price action from signals, useful for cleaner charts or if using multiple overlay-based tools.
At the bottom are the signals for overlay being false and on the chart are the signals for overlay being true:
#### Bar Color Adjustments
1. Coloring Logic
- Bars typically go green on buy signals, red on sell signals.
- The opacity or brightness can vary to indicate signal freshness. When a new signal is formed, the color gets brighter. When there is no signal for a longer period of time, then the color slowly fades.
2. Enabling Bar Coloring
- In the indicator’s settings, turn on Bar Coloring.
- Choose “Signals Overlay True” or “Signals Overlay False” from the “Color should depend on:” dropdown, depending on which overlay approach you want to drive your bar colors. You can also chose the cloud fill in overlay false, correlation meter and smoothed HMA to color bars. Read more below:
### Bar Color Options:
When you enable bar coloring in Uptrick: Oscillator Spectrum, you can select which component or signal logic drives the color changes. Below are the five available choices:
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#### Option 1: Overlay True Signals
- What It Does:
- Uses signals generated under the Overlay True mode to color the bars on your main chart.
- If a buy signal is triggered, bars turn green. If a sell signal occurs, bars turn red.
- Color Intensity:
- Bars appear brighter (more opaque) immediately after a new signal fires, then gradually fade over subsequent bars if no new signal appears.
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#### Option 2: Overlay False Signals
- What It Does:
- Links bar coloring to signals generated when Overlay False mode is active.
- Buy/sell labels typically plot in a separate sub-window instead of the main chart, but your price bars can still change color based on these signals.
- Color Intensity:
- Similar to Overlay True, new buy/sell signals yield stronger color intensity, which fades over time.
- Use Case:
- Helps maintain a clean main chart (with signals off-chart) while still providing an immediate color-coded indication of a buy or sell state.
- Particularly useful if you prefer less clutter from signal markers on your price chart yet still want a visual representation of signal timing.
In this example normal divergence Pyramiding Signals are used in the overlay being true and the signals in overlay false are signals that analyze the HMA. This can help clear out noise (using a combo of both).
Option 3: Money Flow Tracker
What It Does:
The Money Flow Tracker uses the Money Flow Index (MFI), a volume-weighted oscillator, to measure the strength of money flowing into or out of an asset. The script smooths the raw MFI data using an EMA for a more responsive and visually intuitive output.
The feature also includes dynamic color gradients and bar coloring that highlight whether money flow is positive or negative.
Green Fill/Bar Color: Indicates positive money flow, suggesting potential accumulation.
Red Fill/Bar Color: Indicates negative money flow, signaling potential distribution.
Overbought and oversold thresholds are dynamically emphasized with transparency, making it easier to identify high-confidence zones.
Use Case:
Ideal for traders focusing on volume-driven sentiment to identify turning points or confirm existing trends.
Suitable for assessing broader market conditions when used alongside other indicators like oscillators or correlation analysis.
Provides additional clarity in spotting areas of accumulation or distribution, making it a valuable complement to price action and momentum studies.
---
#### Option 4: Correlation Meter
- What It Does:
- Colors the bars based on the indicator’s Correlation Meter output. The script checks multiple chosen tickers and sums up how many are trending positively or negatively.
- If the meter indicates an overall bullish bias (e.g., more than three assets in uptrend), bars turn green; if it’s bearish, bars turn red.
- Trend Readings:
- The correlation meter typically plots a histogram of bullish/neutral/bearish states. The bar color option links your chart’s candlestick coloring to that higher-level market sentiment.
- Use Case:
- Useful for traders wanting a quick visual prompt of whether the broader market (or a selection of related assets) is bullish or bearish at any given time.
- Helps avoid signals that conflict with the market majority.
#### Option 5: Smoothed HMA
- What It Does:
- Bar colors are driven by the slope or state of the Hull Moving Average (HMA) of the oscillator, rather than individual buy/sell triggers or correlation data.
- If the HMA indicates a strong upward slope (possibly darkening), bars may turn green; if the slope is downward (purple in the HMA line), bars turn red.
- Use Case:
- Ideal for those who focus on momentum continuity rather than discrete signals like overbought/oversold or divergence.
- May help identify smoother, more sustained moves, as the HMA filters out minor oscillations.
---
### 3. Using the Hull Moving Average (HMA) of the Oscillator
- HMA Calculation: You can enable a dedicated Hull Moving Average (HMA) for the oscillator. This creates a smoother line of the same underlying momentum reading, typically responding more quickly than classic moving averages.
- Color Intensity: As the HMA sustains an uptrend or downtrend, the script can adjust the line’s color. When slope momentum persists in one direction, the color appears more opaque. This intensification can hint that the existing direction may be well-established.
- Reversal Potential: If you observe the HMA color shifting or darkening after multiple bars of slope in the same direction, it may indicate increasing momentum. Conversely, a sudden flattening or change in color can be a clue that momentum is waning.
---
### 4. Moving Average Overlays & Gradient Cloud
- Oscillator MA: The script allows you to apply moving average types (SMA, EMA, SMMA, WMA, or VWMA) to the core oscillator, rather than to price. This can smooth out noise in the oscillator, potentially highlighting more consistent momentum shifts.
- Gradient Cloud: You can also enable a cloud in overlay true between two moving averages (for instance, a Hull MA and a Double EMA) on the price chart. The cloud fills with different colors, depending on which MA is above the other. This can provide a quick visual reference to bullish or bearish areas.
---
### 5. Divergence Detection
- Bullish & Bearish Divergence: By toggling “Calculate Divergence,” the script looks for oscillator pivots that contrast with price pivots (e.g., price making a lower low while the oscillator makes a higher low).
- A divergence is when the price makes an opposite pivot to the indicator value. E.g. Price makes lower low but indicator does higher low - This suggests a bullish divergence. THe opposite is for a bearish divergence.
- Visual Labels: When a divergence is found, labels (such as “Bull” or “Bear”) appear on the oscillator. This helps you see if the oscillator’s momentum patterns differ from the price movement.
- Filtering Signals: You can combine divergence signals with other features like overbought/oversold or the HMA slope to refine potential entries or exits.
---
### 6. Correlation & Multi-Ticker Analysis
- Correlation Meter: You can select up to five tickers in the settings. The script calculates a slope-based metric for each, then combines those metrics to show an overall bullish or bearish tendency (displayed as a histogram).
- Bar Coloring & Overlay: If you activate correlation-based bar coloring, it will reflect the broader trend alignment among the selected assets, potentially indicating when most are trending in the same direction.
- Use Case: If you trade multiple markets, the correlation histogram can help you quickly see if several major assets support the same market bias or are diverging from one another.
—
### 7. Money Flow Tracker
Money Flow Calculation: The Money Flow Tracker calculates the Money Flow Index (MFI) based on price and volume data, factoring in buying pressure and selling pressure. The output is smoothed using a low-lag EMA to reduce noise and enhance usability.
Visual Features:
Dynamic Gradient Fill:
The space between the smoothed MFI line and the midline (set at 50) is filled with a gradient.
Above 50: Green gradient, with intensity increasing as the MFI moves further above the midline.
Below 50: Red gradient, with intensity increasing as the MFI moves further below the midline.
This gradient provides a clear visual representation of money flow strength and direction, making it easier to assess sentiment shifts at a glance.
Overbought/Oversold Levels: Default thresholds are set at 70 (overbought) and 30 (oversold). When the MFI crosses these levels, it signals potential reversals or trend continuations.
Bar Coloring:
Bars turn green for positive money flow and red for negative money flow.
Color intensity fades over time, ensuring recent signals stand out while older ones remain visible without dominating the chart.
Alerts:
Alerts are triggered when the Money Flow Tracker crosses into overbought or oversold zones, keeping traders informed of critical conditions without constant monitoring.
Practical Applications:
Trend Confirmation: Use the Money Flow Tracker alongside the oscillator or HMA to confirm trends or identify potential reversals.
Volume-Based Reversal Signals: Spot turning points where price action aligns with shifts in money flow direction.
Sentiment Analysis: Gauge whether market participants are accumulating (positive flow) or distributing (negative flow) assets, offering an additional layer of insight into price movement.
(Space for an example chart: “Money Flow Tracker with gradient fills and overbought/oversold levels”)
### 8. Putting It All Together
- Combining Signals: A practical approach might be to watch for a bullish divergence in the oscillator, confirm it with a shift in the HMA slope color, and then wait for the price to be near or below oversold conditions. The correlation histogram may further confirm if the broader market is also leaning bullish at that time.
- Visual Cues: Bar coloring adds another layer, making your chart easier to interpret at a glance. You can also set alerts to ensure you don’t miss key events like divergences, crossovers, or moving average flips.
- Flexibility: Not every feature needs to be used simultaneously. You might opt to focus on divergences and overbought/oversold signals, or you could emphasize the correlation histogram and bar colors. The settings let you enable or disable each module to suit your style.
---
### 9. Tips for Customization
- Adjust Periods: Shorter periods can yield more signals but also more noise. Longer periods may provide steadier, but fewer, signals.
- Set Appropriate Alert Conditions: Only alert on events most relevant to your strategy to avoid overload.
- Explore Different MAs: Depending on the instrument, some moving average types may give a smoother or more responsive indication.
- Monitor Risk Management: As with any tool, these signals do not guarantee performance, so consider position sizing and stop-loss strategies.
---
By toggling and experimenting with the features described above—buy/sell signals, divergences, moving averages, dynamic gradient clouds, and correlation analysis—you can tailor Uptrick: Oscillator Spectrum to your specific trading approach. Each module is designed to give you a clearer, structured view of potential momentum shifts, overbought or oversold states, and the alignment or divergence of multiple assets.
## Features Explanation
Below is a detailed overview of key features in Uptrick: Oscillator Spectrum. Each component is designed to provide different angles of market analysis, allowing you to customize the tool to your preferences.
---
### 1. Main Oscillator
- Purpose: The primary oscillator in this script merges short-, medium-, and long-term views of buying pressure and true range into a single line.
- Calculation: It weights each period’s contribution (e.g., a heavier focus on the short period if desired) and normalizes the result on a 0–100 scale, where higher readings may suggest more robust momentum. (like from the classic Ultimate Oscillator)
- Practical Use:
- Traders can watch for overbought/oversold conditions at user-defined thresholds (e.g., 70/30).
- It can also provide a straightforward momentum reading for those who prefer to see if momentum is rising, falling, or leveling off.
---
### 2. HMA of the Smoothed Oscillator
- What It Is: A Hull Moving Average (HMA) applied to the main oscillator values. The HMA is often more responsive than standard MAs, offering smoother lines while preserving relatively quick reaction to changes.
- How It Works:
- The script takes the oscillator’s output and processes it through a Hull MA calculation.
- The HMA’s slope and color can change more dynamically, highlighting sharper momentum shifts.
- Why It’s Useful:
- By smoothing out minor fluctuations, the HMA can highlight trends in the oscillator’s trajectory.
- If you see an extended run in the HMA slope, it may indicate a more persistent trend in momentum.
- Color Intensity:
- As the HMA continues in one direction for several bars, the script can intensify the color, signaling stronger or more sustained momentum in that direction.
- Sudden changes in color or slope can signal the start of a new momentum swing.
---
### 3. Gradient Fill
This script uses two gradient-based visual elements:
1. Shining/Layered Gradient on the Main Oscillator
- Purpose: Adds multiple layers around the oscillator line (above and below) to emphasize slope changes and highlight how quickly the oscillator is moving up or down.
- Color Changes:
- When the oscillator rises, it uses a color scheme (e.g., aqua/blue) that intensifies as the slope grows.
- When the oscillator declines, it uses a distinct color (e.g., red/pink).
- User Benefit: Makes it easier to see at a glance if momentum is accelerating or decelerating, beyond just the numerical reading.
2. Dynamic Cloud Fill (Between MAs)
- Purpose: Allows you to plot two moving averages (for example, a short-term Hull MA and a longer-term DEMA) and fill the area between them with a color gradient.
- Bullish vs. Bearish:
- When the short MA is above the long MA, the cloud might appear in a greenish hue.
- When the short MA is below the long MA, the cloud can switch to red or another color.
- Transparency/Intensity:
- The fill can get more opaque if the difference between the two MAs is large, indicating a stronger trend but a higher probability of a reversal.
- User Benefit: Helps visualize changes in trend or momentum across multiple time horizons, all within a single chart overlay.
---
### 4. Correlation Meter & Symbol Inputs
- What It Is: This feature looks at multiple user-selected symbols (e.g., BTC, ETH, BNB, etc.) and computes each symbol’s short-term slope. It then aggregates these slopes into an overall “trend” score.
- Inputs Configuration:
1. Ticker Inputs: You can specify up to five different tickers.
2. Timeframe: Decide whether to pull data from different chart timeframes for each symbol.
3. Slope Calculation: The script may compute, for instance, a 5-period SMA minus a 20-period SMA to gauge if each symbol is trending up or down.
- Market Trend Histogram:
- Displays a column that goes above/below zero depending on how many symbols are bullish or bearish.
- If more than three (out of five) symbols are bullish, the histogram can show a green bar at +1; if fewer than three are bullish, it can show red at –1.
- How to Use:
- Quick Glance: Lets you know if most correlated assets are aligning or diverging.
- Bar Coloring (Optional): If enabled, your main chart’s bars can reflect the aggregated correlation, turning green or red depending on the meter’s reading.
---
### 5. Advanced Metrics Table
- What It Is: An optional table displaying additional metrics for several cryptocurrencies (or any symbols you define).
- Metrics Included:
1. ROI (30D): Calculates return relative to the lowest price in a 30-day period.
2. Collateral Risk: Uses standard deviation to assess volatility (higher risk if standard deviation is large).
3. Liquidity Recovery: A rolling average of volume, aiming to show how liquidity flows might recover over time.
4. Weakening (Rate of Change): Reflects how quickly price is changing compared to previous bars.
5. Monetary Bias (SMA): A simple average of recent prices. If price is below this SMA, it might be seen as undervalued relative to the short term.
6. Risk Phase: Categorizes risk as low, medium, or high based on the standard deviation figure.
7. DCA Signal: Suggests “Accumulate” or “Do Not Accumulate” by checking if the current price is below or above the SMA.
- Why It’s Useful:
- Offers a concise view of multiple assets in one place—helpful for portfolio-level insight.
- DCA (Dollar-Cost Averaging) suggestions can guide longer-term strategies, while volatility (collateral risk) helps gauge how aggressive the price swings might be.
---
### 6. Other Vital Aspects
- Alerts & Notifications:
- The script can trigger alerts for various conditions—crossovers, divergence detections, overbought/oversold transitions, or correlation-based signals.
- Useful for automating watchlists or ensuring you don’t miss a key setup while away from the screen.
- Customization:
- Each module (oscillator settings, divergence detection, correlation meter, advanced metrics table, etc.) can be enabled or disabled based on your preferences.
- You can fine-tune parameters (e.g., periods, smoothing lengths, alert triggers) to align the indicator with different trading styles—scalping, swing, or position trading.
- Combining Features:
- One might watch the main oscillator for momentum extremes, confirm via the HMA slope, check if correlation supports the same bias, and look at the table for risk-phase validation.
- This multi-layer approach can help develop a more structured and informed trading view.
(Space for an example chart: “A fully configured layout showing oscillator, HMA, gradient cloud, correlation meter, and table all in use.”)
7. Money Flow Tracker
Purpose: The Money Flow Tracker adds a volume-based perspective to the indicator suite by incorporating the Money Flow Index (MFI), which assesses buying and selling pressure over a defined period. By smoothing the MFI using an exponential moving average (EMA), the feature highlights the directional flow of capital into and out of the market with greater clarity and reduced noise.
Dynamic Gradient Visualization:
The Money Flow Tracker enhances visual analysis with gradient fills that reflect the MFI’s relationship to the midline (50).
Above 50: A green gradient emerges, intensifying as the MFI moves higher, indicating stronger positive money flow.
Below 50: A red gradient appears, with deeper shades signifying increasing selling pressure.
Transparency dynamically adjusts based on the MFI’s proximity to the midline, making high-confidence zones (closer to 0 or 100) visually distinct.
Directional Sensitivity:
The Tracker emphasizes the importance of overbought (above 70) and oversold (below 30) zones. These thresholds help traders identify when an asset might be overextended, signaling potential reversals or trend continuations.
The inclusion of a midline (50) as a neutral zone helps gauge shifts between accumulation (money flowing in) and distribution (money flowing out).
Bar Integration:
By enabling bar coloring linked to the Money Flow Tracker, traders can visualize its impact directly on price bars.
Green bars reflect positive money flow (above 50), signaling bullish conditions.
Red bars indicate negative money flow (below 50), highlighting bearish sentiment.
Intensity adjustments ensure that recent signals are more visually prominent, while older signals gradually fade for a clean, non-cluttered chart.
Key Advantages:
Volume-Informed Context: Traditional oscillators often focus solely on price; the Money Flow Tracker incorporates volume, adding a crucial dimension for analyzing market behavior.
Adaptive Filtering: The EMA-smoothing feature ensures that sudden, insignificant spikes in volume don’t trigger false signals, providing a clearer and more actionable representation of money flow trends.
Early Warning System: Divergences between price movement and the Money Flow Tracker’s trends can signal potential turning points, helping traders anticipate reversals before they occur.
Practical Use Cases:
Trend Confirmation: Pair the Money Flow Tracker with the oscillator or HMA to confirm bullish or bearish trends. For example, a rising oscillator with positive money flow indicates strong buying interest.
Identifying Entry/Exit Zones: Use overbought/oversold conditions as entry/exit points, particularly when combined with other features like divergence detection.
Market Sentiment Analysis: The Tracker’s ability to dynamically assess buying and selling pressure provides a clear picture of market sentiment, helping traders adjust their strategies to align with broader trends.
By understanding these features—main oscillator readings, the HMA’s smoothing capabilities, gradient-based visual highlights, correlation insights, advanced metrics, and the money flow tracker—you can tailor Uptrick: Oscillator Spectrum to your specific needs, whether you’re focusing on quick trades, longer-term market moves, or broad portfolio health.
Originality of the “Uptrick: Oscillator Spectrum” Indicator
While it includes elements of standard momentum analysis, Uptrick: Oscillator Spectrum sets itself apart by adding an array of features that broaden the typical oscillator’s scope:
1. Slope Coloring & Layered Gradient Effects
- Beyond just plotting a single line, the indicator visually highlights momentum shifts using color changes and gradient fills.
- As the oscillator’s slope becomes steeper or flatter, these gradients intensify or fade, helping users see at a glance when momentum is accelerating, slowing, or reversing.
2. Mean Reversion & Divergence Detection
- The script offers optional logic for marking potential mean reversion points (e.g., overbought/oversold crossovers) and flagging divergences between price and the oscillator line.
- These divergence signals come with adjustable lookback parameters, giving traders control over how recent or extended the pivots should be for detection.
- This functionality can reveal subtle momentum discrepancies that a basic oscillator might overlook.
3. Integrated Multi-Asset Correlation Meter
- In addition to monitoring a single symbol, the indicator can fetch data for multiple tickers. It aggregates each symbol’s slope into a histogram showing whether the broader market (or a group of assets) leans bullish or bearish.
- This cross-market insight moves beyond standard “one-symbol, one-oscillator” usage, adding a bigger-picture perspective in one tool.
4. Advanced Metrics Table
- Users can enable a table that covers ROI calculations, volatility-based risk (“Collateral Risk”), liquidity checks, DCA signals, and more.
- Rather than just seeing an oscillator value, traders can view additional metrics for selected assets in one place, helping them judge overall market conditions or assess multiple instruments simultaneously.
5. Flexible Overlay & Bar Coloring
- Signals can be displayed directly on the price chart (Overlay True) or in a sub-window (Overlay False).
- Bars themselves may change color (e.g., green for bullish or red for bearish) according to different rules—signals, dynamic cloud fill, correlation meter states, etc.
- This adaptability allows traders to keep the chart as simple or as info-rich as they prefer.
6. Custom Smoothing Options & HMA Extensions
- The oscillator can be processed further with a Hull Moving Average (HMA) to reduce noise while still reacting quickly to market changes.
- Slope-based coloring on the HMA provides an additional layer of visual feedback, which is not common in a standard oscillator.
By blending traditional momentum checks with slope-based color feedback, mean reversion triggers, divergence signals, correlation analysis, and an optional metrics table, Uptrick: Oscillator Spectrum offers a more rounded approach than a typical oscillator. It integrates multiple market insights—both visual and analytical—into one script, giving users a broader toolkit for studying potential reversals, gauging momentum strength, and assessing multi-asset trends.
## Conclusion
Uptrick: Oscillator Spectrum brings together multiple layers of analysis—oscillator momentum, divergence detection, correlation insights, HMA smoothing, and more—into one adaptable toolkit. It aims to streamline your charting process by offering meaningful visual cues (such as gradient fills and bar color shifts), advanced tables for broader market data, and flexible alerts to keep you informed of potential setups.
Traders can choose the specific features that suit their style, whether they prefer to focus on raw oscillator signals, multi-ticker correlation, or smooth trend cues from the HMA. By centralizing these different methods in one place, Uptrick: Oscillator Spectrum can help users build more structured approaches to spotting trend shifts and extended conditions, while also remaining compatible with additional analysis techniques.
---
### Disclaimer
This script is provided for informational purposes only and does not constitute financial or investment advice. Past performance is not indicative of future results, and all trading involves risk. You should carefully consider your objectives, risk tolerance, and financial situation before making any trading decisions.
Bitcoin Premium [SAKANE]Overview
"Bitcoin Premium " is an indicator designed to analyze the price differences (premiums) of Bitcoin between major exchanges. By using this tool, you can visualize these differences and trends across exchanges, helping you make more informed trading decisions.
Features
1. Premium Calculation and Display
- Calculates and visualizes the price differences between major exchanges like Coinbase, Bitfinex, Upbit, and Binance.
- Premiums are displayed in a histogram format for intuitive analysis.
2. Forex Rate Adjustment
- Prices quoted in KRW (e.g., from Upbit) are converted to USD using real-time KRW/USD forex rates.
3. Moving Average Option
- Displays moving averages (SMA or EMA) of premiums for a clearer view of long-term trends.
4. Customizable Settings
- Toggle the premium display for each exchange on or off.
- Includes label displays to support visual analysis.
What Can It Do for You?
1. Identify Arbitrage Opportunities
By observing price differences (premiums) between exchanges, you can identify arbitrage opportunities.
Example: If Bitcoin is cheaper on Binance and more expensive on Coinbase, you could buy on Binance and sell on Coinbase to capture the price difference.
2. Understand Regional Supply and Demand Trends
Each exchange's premium reflects the supply and demand dynamics of its respective region.
Example: A high premium on Upbit may indicate excess demand or regulatory impacts in the South Korean market.
3. Analyze Liquidity
Price differences often highlight liquidity disparities between exchanges. Markets with lower trading volumes tend to have larger premiums due to price distortions.
4. Evaluate Macroeconomic Impacts
Premium movements may reflect changes in macroeconomic factors, such as exchange rates, regulations, or financial conditions specific to each region.
5. Analyze Trends and Market Sentiment
By tracking premium trends, you can gauge market sentiment and understand regional or exchange-specific behaviors to inform your investment decisions.
6. Support Strategic Trading
This tool is useful for short-term arbitrage strategies as well as long-term evaluations of market health.
Exchange Characteristics and Premium Implications
The meaning of premiums varies by exchange.
- Coinbase (US Market)
Primarily used by investors buying directly with fiat currency (USD). A higher premium often signals bullish sentiment among institutional and retail investors.
- Bitfinex (Global Market)
A trader-focused exchange with active large-scale and leveraged trading. Premiums may reflect liquidity and risk appetite.
- Upbit (South Korean Market)
Priced in KRW, making it subject to forex rates and local market dynamics. High premiums may indicate strong demand or regulatory influences in South Korea.
- Binance (Global Market)
The largest exchange by trading volume. Premiums here are often a reflection of the overall market balance.
Notes
- This indicator is for reference only and does not guarantee trading decisions.
- Please consider the characteristics and conditions of each exchange when using this tool.
First day candle high and low of monthThis script is designed to mark the high and low levels of the first candle of each month on the chart. These levels are often considered significant support and resistance zones, as they can represent key liquidity points in the market.
The idea behind this tool is based on the observation that the low of the first monthly candle can act as a critical support level, especially during a bullish market trend. If the price breaks below this low in a bull market, it may indicate a potential manipulation or stop-loss hunting rather than a genuine shift in trend. Similarly, the high of the first monthly candle may serve as a key resistance level, particularly in consolidating or range-bound markets.
By dynamically plotting these levels, the script provides traders with valuable insights into potential liquidity zones and significant market reactions. It allows for customizable line colors and lengths, making it adaptable to various trading styles and preferences.
This tool is particularly useful for traders who wish to align their strategies with institutional market behaviors, as it highlights areas where liquidity is likely to be targeted. Use it as part of your broader analysis to identify potential trade setups, manage risk effectively, and understand market dynamics more comprehensively.
M2 Money Shift for Bitcoin [SAKANE]M2 Money Shift for Bitcoin was developed to visualize the impact of M2 Money, a macroeconomic indicator, on the Bitcoin market and to support trade analysis.
Bitcoin price fluctuations have a certain correlation with cycles in M2 money supply.In particular, it has been noted that changes in M2 supply can affect the bitcoin price 70 days in advance.Very high correlations have been observed in recent years in particular, making it useful as a supplemental analytical tool for trading.
Support for M2 data from multiple countries
M2 supply data from the U.S., Europe, China, Japan, the U.K., Canada, Australia, and India are integrated and all are displayed in U.S. dollar equivalents.
Slide function
Using the "Slide Days Forward" setting, M2 data can be slid up to 500 days, allowing for flexible analysis that takes into account the time difference from the bitcoin price.
Plotting Total Liquidity
Plot total liquidity (in trillions of dollars) by summing the M2 supply of multiple countries.
How to use
After applying the indicator to the chart, activate the M2 data for the required country from the settings screen. 2.
2. adjust "Slide Days Forward" to analyze the relationship between changes in M2 supply and bitcoin price
3. refer to the Gross Liquidity plot to build a trading strategy that takes into account macroeconomic influences.
Notes.
This indicator is an auxiliary tool for trade analysis and does not guarantee future price trends.
The relationship between M2 supply and bitcoin price depends on many factors and should be used in conjunction with other analysis methods.
DTT Weekly Volatility Grid [Pro+] (NINE/ANARR)Introduction:
Automate Digital Time Theory (DTT) Weekly Models with the DTT Weekly Volatility Grid , leveraging the proprietary framework developed by Nine and Anarr. This tool allows to navigate the advanced landscape of Time-based statistical trading for futures, crypto, and forex markets.
Description:
Built on the Digital Time Theory (DTT), this script provides traders with a structured view of time and price interactions, ideal for swing insights. It divides the weekly range into Time models and inner intervals, empowering traders with data-driven insights to anticipate market expansions, detect Time-based distortions, and understand volatility fluctuations at specific Times during the trading week.
Key Features:
Time-Based Weekly Models and Volatility Awareness: The DTT Weekly Time Models automatically map onto your chart, highlighting critical volatility points in weekly sessions. These models help traders recognize potential shifts in the market, ideal for identifying larger, swing-oriented moves.
Average Model Range Probability (AMRP): The AMRP feature calculates the historical probability of reaching previous DTT Weekly Model Ranges. With AMRP and Standard Deviation metrics, traders can evaluate the likelihood of DTT model continuations or breaks, aligning their strategy with higher Timeframe volatility trends.
Root Candles and Liquidity Draws: Visualize Root Candles as liquidity draws, emphasizing premium and discount areas and marking the origin of a Time-based price movement. The tool allows traders to toggle features like opening prices and equilibrium points of each Root Candle. Observing accumulation or distribution zones around these candles provides crucial reference points for strategic swing entries and exits.
Extended Visualization of Weekly Model Ranges: Leverage previous weekly model ranges within the current Time model to observe historical high, low, and equilibrium levels. This feature aids traders in visualizing premium and discount ranges of prior models, pinpointing areas of liquidity and imbalance to watch.
Customization Options: Tailor Time intervals with a variety of line styles (solid, dashed, dotted) and colours to customize each model. Adjust settings to display specific historical weekly models, apply custom labels, and create a personalized view that suits your trading style and focus.
Lookback Periods and Model Count: Select customizable lookback periods to display past models, offering insights into market behaviour over a chosen historical range. This feature enables clean, organized charts and allows analysts to add more models for detailed backtesting and analysis.
Detailed Real-Time Data Table: The live data table provides easy access to AMRP and range data for selected models. This table highlights model targets and anticipated ranges, offering insights into whether previous models have exceeded historical volatility expectations or remained within them.
How Traders Can Use The DTT Weekly Volatility Grid Effectively:
Identifying Premium and Discount Zones: Track weekly ranges using Root Candles and previous model equilibrium levels to assess if prices are trading in premium or discount areas. This information helps framing the broader swing outlook.
Timing Trades Based on Volatility: Recognize potential exhaustion points through AMRP insights or completed model distortions that may signal new expansions. By observing inner intervals and Root Candles, traders can identify periods of high market activity, assisting in Timing weekly entries and exits.
Avoiding Low Volatility Phases: AMRP calculations can indicate periods when price action may slow or become choppy. If price remains within AMRP deviations or near them, traders can adjust risk or step aside, awaiting more favourable conditions for volatility-driven trades as new inner intervals or model roots appear.
Designed for Swing Traders and Higher Timeframes: The Weekly DTT Models are suited for those looking to study higher timeframe trends across futures, forex, and crypto markets. This tool equips traders with volatility-aware, and data-driven insights during extended market cycles.
Usage Guidance:
Add DTT Weekly Volatility Grid (NINE/ANARR) to your TradingView chart.
Customize your preferred time intervals, model history, and visual settings for your session.
Use the data table to track average model ranges and probabilities, ensuring you align your trades with key levels.
Incorporate DTT Weekly Volatility Grid (NINE/ANARR) into your existing strategies to fine-tune your view through based on data-driven insights into volatility and price behaviour.
Terms and Conditions
Our charting tools are products provided for informational and educational purposes only and do not constitute financial, investment, or trading advice. Our charting tools are not designed to predict market movements or provide specific recommendations. Users should be aware that past performance is not indicative of future results and should not be relied upon for making financial decisions. By using our charting tools, the purchaser agrees that the seller and the creator are not responsible for any decisions made based on the information provided by these charting tools. The purchaser assumes full responsibility and liability for any actions taken and the consequences thereof, including any loss of money or investments that may occur as a result of using these products. Hence, by purchasing these charting tools, the customer accepts and acknowledges that the seller and the creator are not liable nor responsible for any unwanted outcome that arises from the development, the sale, or the use of these products. Finally, the purchaser indemnifies the seller from any and all liability. If the purchaser was invited through the Friends and Family Program, they acknowledge that the provided discount code only applies to the first initial purchase of the Toodegrees Premium Suite subscription. The purchaser is therefore responsible for cancelling – or requesting to cancel – their subscription in the event that they do not wish to continue using the product at full retail price. If the purchaser no longer wishes to use the products, they must unsubscribe from the membership service, if applicable. We hold no reimbursement, refund, or chargeback policy. Once these Terms and Conditions are accepted by the Customer, before purchase, no reimbursements, refunds or chargebacks will be provided under any circumstances.
By continuing to use these charting tools, the user acknowledges and agrees to the Terms and Conditions outlined in this legal disclaimer.
NYSE, Euronext, and Shanghai Stock Exchange Hours IndicatorNYSE, Euronext, and Shanghai Stock Exchange Hours Indicator
This script is designed to enhance your trading experience by visually marking the opening and closing hours of major global stock exchanges: the New York Stock Exchange (NYSE), Euronext, and Shanghai Stock Exchange. By adding vertical lines and background fills during trading sessions, it helps traders quickly identify these critical periods, potentially informing better trading decisions.
Features of This Indicator:
NYSE, Euronext, and Shanghai Stock Exchange Hours: Displays vertical lines at market open and close times for these three exchanges. You can easily switch between showing or hiding the different exchanges to customize the indicator for your needs.
Background Fill: Highlights the trading hours of these exchanges using faint background colors, making it easy to spot when markets are in session. This feature is crucial for timing trades around overlapping trading hours and volume peaks.
Customizable Visuals: Adjust the color, line style (solid, dotted, dashed), and line width to match your preferences, making the indicator both functional and visually aligned with your chart's aesthetics.
How to Use the Indicator:
Add the Indicator to Your Chart: Add the script to your chart from the TradingView script library. Once added, the indicator will automatically plot vertical lines at the opening and closing times of the NYSE, Euronext, and Shanghai Stock Exchange.
Customize Display Settings: Choose which exchanges to display by enabling or disabling the NYSE, Euronext, or Shanghai sessions in the indicator settings. This allows you to focus only on the exchanges that are relevant to your trading strategy.
Adjust Visual Properties: Customize the appearance of the vertical lines and background fill through the settings. Modify the color of each exchange, adjust the line style (solid, dotted, dashed), and control the line thickness to suit your chart preferences. The background fill can also be customized to clearly highlight active trading sessions.
Identify Key Market Hours: Use the vertical lines and background fills to identify the market open and close times. This is particularly useful for understanding how price action changes during specific trading hours or for finding high liquidity periods when multiple markets are open simultaneously.
Adapt Trading Strategies: By knowing when major stock exchanges are open, you can adapt your trading strategy to take advantage of potential price movements, increased volatility, or volume. This can help you avoid low-liquidity times and capitalize on more active trading periods.
This indicator is especially valuable for traders focusing on cross-market dynamics or those interested in understanding how different sessions influence market liquidity and price action. With this tool, you can gain insight into market conditions and adapt your trading strategies accordingly. The clean visual separation of session times helps you maintain context, whether you're trading Forex, stocks, or cryptocurrencies.
Disclaimer: This script is intended for informational and educational purposes only. It does not constitute financial advice or a recommendation to buy or sell any financial instrument. Always conduct your own research and consult with a licensed financial advisor before making any trading decisions. Trading involves risk, and past performance is not indicative of future results.
Buffett Quality Score [Health Care]Evaluating Health Care Companies with the Buffett Quality Score "Health Care"
The health care sector presents unique challenges and opportunities, demanding a specialized approach to financial evaluation. The Buffett Quality Score is meticulously designed to assess the financial robustness and quality of companies within this dynamic industry. By focusing on industry-specific financial metrics, this scoring system provides valuable insights for investors and analysts navigating the complexities of the health care sector.
Scoring Methodology
Each selected financial metric contributes a point to the overall score if the specified condition is met. The combined score is a summation of points across all criteria, providing a comprehensive assessment of financial health and quality.
Selected Financial Metrics and Criteria
1. Altman Z-Score > 2.0
Relevance: The Altman Z-Score evaluates bankruptcy risk based on profitability, leverage, liquidity, solvency, and activity. In the health care sector, where regulatory changes and technological advancements can impact financial stability, a score above 2.0 signifies a lower risk of financial distress.
2. Piotroski F-Score > 6.0
Relevance: The Piotroski F-Score assesses fundamental strength, emphasizing profitability, leverage, liquidity, and operating efficiency. For health care companies, which often face regulatory challenges and R&D expenses, a score above 6.0 indicates strong financial health and operational efficiency.
3. Current Ratio > 1.5
Relevance: The Current Ratio evaluates short-term liquidity by comparing current assets to current liabilities. In the health care sector, where cash flow stability is essential for ongoing operations, a ratio above 1.5 ensures the company's ability to meet near-term obligations.
4. Debt to Equity Ratio < 1.0
Relevance: A lower Debt to Equity Ratio signifies prudent financial management and reduced reliance on debt financing. This is critical for health care companies, which require significant investments in research and development without overleveraging.
5. EBITDA Margin > 15.0%
Relevance: The EBITDA Margin measures operating profitability, excluding non-operating expenses. A margin above 15.0% indicates efficient operations and the ability to generate substantial earnings from core activities.
6. EPS One-Year Growth > 5.0%
Relevance: EPS growth reflects the company's ability to increase earnings per share over the past year. For health care companies, which often face pricing pressures and regulatory changes, growth exceeding 5.0% signals positive earnings momentum and potential market strength.
7. Net Margin > 10.0%
Relevance: Net Margin measures overall profitability after all expenses. A margin above 10.0% demonstrates strong financial performance and the ability to convert revenue into profit effectively.
8. Return on Equity (ROE) > 15.0%
Relevance: ROE indicates the company's ability to generate profits from shareholder equity. An ROE above 15.0% suggests efficient use of capital and strong returns for investors.
9. Revenue One-Year Growth > 5.0%
Relevance: Revenue growth reflects market demand and company expansion. In the health care sector, where innovation drives growth, revenue exceeding 5.0% indicates successful market penetration and product adoption.
10. Price/Earnings Ratio (Forward) < 20.0
Relevance: The Forward P/E Ratio reflects investor sentiment and earnings expectations. A ratio below 20.0 suggests reasonable valuation relative to earnings projections, which is important for investors seeking value and growth opportunities in the health care sector.
Interpreting the Buffett Quality Score
0-4 Points: Indicates potential weaknesses across multiple financial areas, warranting careful consideration and risk assessment.
5 Points: Suggests average performance based on sector-specific criteria, requiring further analysis to determine investment viability.
6-10 Points: Signifies strong financial health and quality, positioning the company favorably within the competitive health care industry.
Conclusion
The Buffett Quality Score offers a strategic framework for evaluating health care companies, emphasizing critical financial indicators tailored to industry dynamics. By leveraging these insights, stakeholders can make informed decisions and identify companies poised for sustainable growth and performance in the evolving health care landscape.
Disclaimer: The Buffett Quality Score serves as a tool for financial analysis and should not replace professional advice or comprehensive due diligence. Investors should conduct thorough research and consult with financial experts based on individual investment objectives.
Raids ScannerAn extension from my Liquidity Raids indicator is this market-wide scanner where multiple (configured) pairs are scanned for raids on the configured timeframe and listed in the chart.
This is particularly useful if you wanna get an idea of where HTF liquidity has been taken over a basket of pairs of your choice. If you don't want to use the table and would just want to be alerted about the raid, then you can do that as well.
As of now, it can support up to 30 pairs, will add more if necessary.
NOTE: Computation may be limited in some plans which will result in timeouts (everything works well in premium though), you can deselect some pairs if/when it happens.
Liquidations Meter [LuxAlgo]The Liquidation Meter aims to gauge the momentum of the bar, identify the strength of the bulls and bears, and more importantly identify probable exhaustion/reversals by measuring probable liquidations.
🔶 USAGE
This tool includes many features related to the concept of liquidation. The two core ones are the liquidation meter and liquidation price calculator, highlighted below.
🔹 Liquidation Meter
The liquidation meter presents liquidations on the price chart by measuring the highest leverage value of longs and shorts that have been potentially liquidated on the last chart bar, hence allowing traders to:
gauge the momentum of the bar.
identify the strength of the bulls and bears.
identify probable reversal/exhaustion points.
Liquidation of low-leveraged positions can be indicative of exhaustion.
🔹 Liquidation Price Calculator
A liquidation price calculator might come in handy when you need to calculate at what price level your leveraged position in Crypto, Forex, Stocks, or any other asset class gets liquidated to add a protective stop to mitigate risk. Monitoring an open position gets easier if the trader can calculate the total risk in order for them to choose the right amount of margin and leverage.
Liquidation price is the distance from the trader's entry price to the price where trader's leveraged position gets liquidated due to a loss. As the leverage is increased, the distance from trader's entry price to the liquidation price shrinks.
While you have one or several trades open you can quickly check their liquidation levels and determine which one of the trades is closest to their liquidation price.
If you are a day trader that uses leverage and you want to know which trade has the best outlook you can calculate the liquidation price to see which one of the trades looks best.
🔹 Dashboard
The bar statistics option enables measuring and presenting trading activity, volatility, and probable liquidations for the last chart bar.
🔶 DETAILS
It's important to note that liquidation price calculator tool uses a formula to calculate the liquidation price based on the entry price + leverage ratio.
Other factors such as leveraged fees, position size, and other interest payments have been excluded since they are variables that don’t directly affect the level of liquidation of a leveraged position.
The calculator also assumes that traders are using an isolated margin for one single position and does not take into consideration the additional margin they might have in their account.
🔹Liquidation price formula
the liquidation distance in percentage = 100 / leverage ratio
the liquidation distance in price = current asset price x the liquidation distance in percentage
the liquidation price (longs) = current asset price – the liquidation distance in price
the liquidation price (shorts) = current asset price + the liquidation distance in price
or simply
the liquidation price (longs) = entry price * (1 – 1 / leverage ratio)
the liquidation price (shorts) = entry price * (1 + 1 / leverage ratio)
Example:
Let’s say that you are trading a leverage ratio of 1:20. The first step is to calculate the distance to your liquidation point in percentage.
the liquidation distance in percentage = 100 / 20 = 5%
Now you know that your liquidation price is 5% away from your entry price. Let's calculate 5% below and above the entry price of the asset you are currently trading. As an example, we assume that you are trading bitcoin which is currently priced at $35000.
the liquidation distance in price = $35000 x 0.05 = $1750
Finally, calculate liquidation prices.
the liquidation price (longs) = $35000 – $1750 = $33250
the liquidation price (short) = $35000 + $1750 = $36750
In this example, short liquidation price is $36750 and long liquidation price is $33250.
🔹How leverage ratio affects the liquidation price
The entry price is the starting point of the calculation and it is from here that the liquidation price is calculated, where the leverage ratio has a direct impact on the liquidation price since the more you borrow the less “wiggle-room” your trade has.
An increase in leverage will subsequently reduce the distance to full liquidation. On the contrary, choosing a lower leverage ratio will give the position more room to move on.
🔶 SETTINGS
🔹Liquidations Meter
Base Price: The option where to set the reference/base price.
🔹Liquidation Price Calculator
Liquidation Price Calculator: Toggles the visibility of the calculator. Details and assumptions made during the calculations are stated in the tooltip of the option.
Entry Price: The option where to set the entry price, a value of 0 will use the current closing price. Details are given in the tooltip of the option.
Leverage: The option where to set the leverage value.
Show Calculated Liquidation Prices on the Chart: Toggles the visibility of the liquidation prices on the price chart.
🔹Dashboard
Show Bar Statistics: Toggles the visibility of the last bar statistics.
🔹Others
Liquidations Meter Text Size: Liquidations Meter text size.
Liquidations Meter Offset: Liquidations Meter offset.
Dashboard/Calculator Placement: Dashboard/calculator position on the chart.
Dashboard/Calculator Text Size: Dashboard text size.
🔶 RELATED SCRIPTS
Here are some of the scripts that are related to the liquidation and liquidity concept, for more and other conceptual scripts you are kindly invited to visit LuxAlgo-Scripts .
Liquidation-Levels
Liquidations-Real-Time
Buyside-Sellside-Liquidity
Omega Smart AnalystThe Omega Smart analyst is a tool designed to help traders visualize in a clearer way key price levels on the chart based on the price and the volume.
The indicator has some features, including:
- Option to customize the colors for all of the tools available to have common aesthetics
- Option to choose the length and the sensitivity for all of the tools
Volume clusters: display automatic volume clusters that can be used as support or resistance following the order block theory. These levels can be highlighted or extended in the settings.
Support and resistance: show automatic support and resistance levels based on volume.
Candle coloring: color candles based on volume and volatility, great to use as a signal confirmation.
Full levels: show previous high, low, and close levels on the chart, great to use to detect liquidity and breakouts
Bias target: a tool to enhance one of the low or high of the previous full levels according to the daily liquidity bias ICT method. As shown in the picture above you can also choose to display only these levels.
Market structure: show the current trend according to the market structure.
Structure origin: shows the main level of support and resistance with an area that gives also an indication of the current price volatility.
Risk Disclaimer:
All content and scripts provided are purely for informational & educational purposes only and do not constitute financial advice or a solicitation to buy or sell any securities of any type. Past performance does not guarantee future results. Trading can lead to a loss of the invested capital in the financial markets. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
