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Range Delta Heiken Ashi Bollinger|Buy/Sell |OB & OS CandlesPurpose: Mathematically represent buying and selling zones for Daily/ Weekly Traders Indicator: Calculates moving average of the candle's body with respect to the daily trading range Buy and Sell Signals: Calculates Bollinger Range with Max/Min and Buy/Sell Bollinger signals Overbought and Oversold Signals: Candlesticks show overbought and oversold conditions Level of Difficulty: This indicator was written to make life easier. Follow the Rules and anyone can use it. Rule 1: Buy when candlestick is below "purple" line Rule 2: Sell when candlestick is above "blue" line Rule 3: Add bollinger bands to your currency chart Rule 4: Confirm indicator bollinger bands with currency chart's bollinger bands Rule 5: Trade in direction of trend Rule 6: As with all trading; no indicators are fool proof. Please trade responsibly. ****Full Customization for you**** Suggestion 1: Add bollinger bands to currency chart to improve probability Suggestion 2: Trade the direction of Trend Suggestion 3: This indicator works very well with Ranged Markets (or use Suggestion 2) Disclaimer 1: This Indicator words best on Daily and Weekly time frames Disclaimer 2: Enjoy the Indicator and feel free to ADD COMMENTS; I worked very hard for you and me :)
Pine Script® indicator
by TheBulltrader
23
Range-Weighted Volatility (Comparable)I wrote an indicator to measure volatility inside a range. It’s extremely useful for choosing a trading pair for grid strategies, because it lets you quickly, easily, and fairly identify which asset is the volatility leader. It measures volatility “fairly” relative to the asset’s trading range, not just by absolute price changes. For example: if an asset trades in a 50–100 range and over a week it moves many, many times between 52 and 98, then it’s highly volatile. But if another asset trades in a 50–1000 range and makes the same 52–98 moves, its volatility is actually low — because the “weight” of that movement relative to the full range is small. The indicator accounts for this “movement weight” relative to the range, then sums these weights into a single number. That number makes it easy to judge whether an asset is suitable for a grid strategy. That’s exactly what grids need: not just high volatility, but high volatility within a narrow range. Settings: the Window (bars) field defines how many bars are used to calculate volatility. On a 5-minute chart, one week is 2016 bars (2460/57). By default, the script calculates over 30 days on 5-minute charts. The script also allows you to set a second symbol for comparison, so you can see both results on the same chart. Написал индикатор для определения волатильности в диапазоне, очень-очень полезно для выбора торговой пары на гриде, позволяет легко и быстро и честно определить лидера по волатильности, при этом определяет ее "честно", относительно торгового диапазона, а не просто изменения цены. Например если актив торгуется в диапазоне 50-100 и за неделю много-много раз сходил 52-98, то это очень волатильный актив, и в то же время если актив торгуется в диапазоне 50-1000 и сходил так же 52-98, то это будет низко волатильный актив, т.е. учитывается "вес" движения относительно диапазона и данные "веса" суммируются в одну единую цифру по которой и можно оценивать насколько актив подходит под грид стратегию. А ведь именно это для гридов и нужно, не просто высокая волатильность, а именно высокая волатильность в узком диапазоне. Касательно настроек , в поле Windows (bars) задается количество баров по которым скрипт будет считать волатильность, на 5-ти минутки неделя это 2016 (24*60/5*7), стандартно скрипт считает за 30 дней на 5-ти минутки. + в самом скрипте можно указать вторую пару для сравнения чтоб на одном графике увидеть результат.
Pine Script® indicator
by alextokarev125
RANGE IDENTIFIER [ASHUTOSH]This script is for intraday purpose and mainly for index traders. It works well on 3/5 min time frame. Script provides VIP( very important pivot) level and one support and resistance. It's ideal for price action traders trading breakouts and mean reversion. It is built on true range. It can be customized as per the traders requirement. True range is on daily time period. Divisor will decide the broadness of the range. Bigger the divisor narrower the range.
Pine Script® indicator
by SniperTrades
4
((Range||Type||Swing))Consecutive Candle range boxes with gradient and number count. Inside Outside and Engulfing color bars plus plots. Strict swing filter plus bonus filter where the 3rd bar in the swing closes below the swing candles high or low respectfully. How I Use I use the candle stick patterns to gauge market conditions, the consecutive candle ranges to follow order flow using a closing break of the range and retest and the filtered swings to assist in identifying stronger. If any one wants to create a strategy around this that would be cool i know nothing of coding and do everything with A.I turns
Pine Script® indicator
by MarquelleFowler
6
Range Breakout Signals [AlgoAlpha]OVERVIEW This script detects range-bound market conditions and breakout signals using a combination of volatility compression and volume imbalance analysis. It identifies zones where price consolidates within a defined range and highlights potential breakout points with visual markers. Traders can use this to spot market transitions from ranging to trending phases, aiding in decision-making for breakout strategies. CONCEPTS The script measures volatility by comparing the ratio of the simple moving average (SMA) of price movements to their median value. When volatility drops below a threshold, the script assumes a range-bound market. It then tracks the cumulative volume of buying and selling pressure to assess breakout strength. The approach is based on the idea that market consolidation often precedes strong moves, and volume distribution can provide clues on the breakout direction. FEATURES Range Detection : Uses a volatility filter to identify low-volatility zones and marks them on the chart with shaded boxes. Volume Imbalance Analysis : Evaluates cumulative up and down volume over a confirmation period to assess directional bias. Breakout Signals : When price exits a detected range, the script plots breakout markers. A ▲ symbol indicates a bullish breakout, and a ▼ symbol indicates a bearish breakout. Additional "+" markers indicate strong volume imbalance favoring the breakout direction. Adaptive Timeframe Volume Analysis : The script dynamically adjusts its volume calculation based on the chart’s timeframe, ensuring reliable signal generation across different trading conditions. Alerts : Notifies traders when a new range is detected or when a breakout occurs, allowing for automated monitoring. USAGE Traders can use this script to identify potential trade setups by entering positions when price breaks out of a detected range. For breakout confirmation, traders can look at volume imbalance cues—bullish breakouts with strong buying volume may indicate sustained moves, while weak volume breakouts may lead to false signals. This script is particularly useful for breakout traders, range traders seeking to fade breakouts, and those looking to automate trade alerts in volatile markets.
Pine Script® indicator
by AlgoAlpha
9
Range Volume ChangeI was looking for a way to see if today's premarket volume is higher or lower than the previous day's premarket, but did not find any, hence, I made my own which I share with you now. I call it 'Range Volume Change' or just RVC. RVC will show the percentage of change between the selected time range and the previous day for the same time range. This will allow us to see if the volume is increasing or decreasing today compared to the previous day by a specific time range that we set in PVC settings. It can do more than just premarket, you can use it for any time range of your interest which will work on 24hours assets like crypto and forex. RVC visualizes the incremental of the volume using increasing size columns giving you a better view of how the volume changes compared to the past. The column shows the accumulated volume from when the time range started. As an extra feature, it will also show the volume percentage of change outside the time range (can be disabled from settings). In addition, RVC is also designed to work on real-time data. Example of BTCUSDT (24-hour asset) with volume 'outside the time range', enabled (purple columns): Follow for more awesome indicators/strategies: www.tradingview.com
Pine Script® indicator
by dman103
38
Range & Consolidation DetectorHello friends, I’m excited to share my latest discovery with you — the Range & Consolidation Detector. This script is built on a unique methodology I’m truly proud of. It uses no traditional indicators like ADX, RSI, or ATR — just pure statistics and mathematics under the hood. No parameters to tweak, no settings to guess — it just works, right out of the box. 🛠️ How It Works At its core is a proprietary formula that reliably identifies ranging conditions across all tickers and timeframes. It’s simple, robust, and consistent — exactly what traders need to spot sideways markets without noise or lag. 🔥 Key Features Pine Script v6 – Uses the latest version for maximum performance Zero configuration – No inputs to adjust, no hidden settings — the algorithm works automatically Optimized performance – Runs efficiently for smooth charting Universal compatibility – Works flawlessly on any asset and timeframe, in every market condition — from euphoric peaks to choppy ranges 📸 Visual Examples If you’d like access or have any questions, feel free to reach out to me directly via DM. 👋 Good luck and happy trading!
Pine Script® indicatorPaid script
by everget
64
Range Sentiment | FractalystWhat’s the purpose of this indicator? This indicator aims to calculate the percentage level of bullish or bearish fluctuations within equally divided price sections, in the latest price range. ---- How does this indicator calculate the current sentiment? This indicator calculates the current sentiment by identifying the highest swing high and the lowest swing low, then evenly dividing the distance between them into percentage amounts. If the price is above the 50% mark, it indicates bullishness, whereas if it's below 50%, it suggests bearishness. ---- Is this sentiment the same as the ones on online websites? No, the sentiment as discussed earlier, is based on analyzing price action on charts and calculating the current range in percentage. ---- What methods do other websites typically use to determine market sentiment? 1. Broker Data Aggregation: Compiling data from various forex brokers to assess the percentage of long and short positions taken by traders. 2. Lot Size Analysis: Considering the size of positions taken by traders, where a significant number of large positions in one direction may indicate strong bullish or bearish sentiment. 3. Order Flow Analysis: Tracking the flow of orders in the forex market, with an increase in buy orders suggesting bullish sentiment and a surge in sell orders indicating bearish sentiment. 4. Sentiment Surveys: Conducting surveys among forex traders to gather opinions about future price movements and gauge sentiment. ---- What are the options to display the current market sentiment? 1. Table - located at top centre of your charts 2. Label - indicating the 50% level of the current range mentioned above ---- How can I analyze how the sentiment worked on historical data? There are 3 available options: 1. Shapes 2. Candles 3. Background - White colour/transparent background denote a weak or uncertain trend, where the bullish or bearish degree is less than 60%. - Blue colour indicates that the price is trading bullish. - Red colour indicates that the price is trading bearish. ---- On what market and timeframe this indicator operates on? The Range Sentiment indicator is applicable to all markets and timeframes. When switching between timeframes, the values remain consistent because it utilizes the daily bias to determine the sentiment for the current day. ---- How can I use this indicator? 1. Add "Range Sentiment | Fractalyst" to your TradingView chart. 2. Choose the pair you want to analyze or trade intraday/during session. 3. Make sure the sentiment is showing you a bullish or a bearish degree of higher than 60%. (To avoid potentially choppy price action) 4. Use your favourite entry model to trade in the same direction that the sentiment is showing you. 5. Determine your take profit based on the daily swing level OR previous daily high if the bullish degree is above +60% and previous daily low if the bearish degree is +60%. 6. Risk adjustment and Trade management based on your personal preferences. Example: ---- User-input settings and customizations ---- What makes this indicator original? 1. It utilizes the daily timeframe's current range to determine the day's bias degree in percentage. 2. Apart from presenting the current sentiment in a sentimental table, it also visualizes the 50% threshold as a label, indicating where price may shift direction from a sentiment perspective. 3. It offers the feature to analyze historical data, allowing users to observe indicator performance through shapes, candles, and background colors. 4. By integrating market sentiment directly into the charts, it simplifies the trading process, removing the reliance on online websites and services for sentiment analysis, which often rely on limited brokerage data and resources. 5. Unlike most sentiment websites that primarily focus on forex pairs sentiment data, this indicator stands out by its capability to analyze sentiment across all markets. Moreover, it provides real-time updates, ensuring traders have access to the latest sentiment information regardless of the market they are trading in. ---- Terms and Conditions | Disclaimer Our charting tools are provided for informational and educational purposes only and should not be construed as financial, investment, or trading advice. They are not intended to forecast market movements or offer specific recommendations. Users should understand that past performance does not guarantee future results and should not base financial decisions solely on historical data. By continuing to use our charting tools, the user acknowledges and accepts the Terms and Conditions outlined in this legal disclaimer.
Pine Script® indicator
by Fractalyst
2
Range support and resistanceWelcome all ========== This script specially is for Kunal Saraogi Senani Traders and beginners. . With this script you can find support and resistance for input range on any time-frame chart. You need not draw line by own. You just input your desired range and this script will do your work automatically. You can adjust range according to your choice. Also have an option to select range source which help you to find support and resistance on the basis of close price or high/low of input range. Default range source is close price. . Latest support and resistance value labels also display on the chart. . To use this script, add to favorite and apply on chart. . Feel free to comment your suggestions. . Thanks all
Pine Script® indicator
by tv94067
19
Range EstimateAs a trader I need to know what are the best ranges to get in or out So this tool try to help a little bit . First we have Pivot points (all forms with fib ,traditional etc) next is percentage channel (uper=upper % from close and Lper=lower % from close) , in btc I use 3% up or low for 1 hour candles as it give me good range of lower and upper bound . This you need to change for different TF or different assets next we have Bollinger upper and lower (Bup= Bollinger upper and Blow=Bollinger lower) it has also MTF function last we MA =,20,50,100,200 in total the aim of this indicator is to give fast glance on the numbers that important to you as trader fast with a clean graph so you can add your indicator to it to see better how they work The info panel you can change the font size, you can change distance by offset and the position on the graph , you need to adjust with position -in this case since it btc I put number of 8700 let say it ETH then I put a number 5% above the close number if it XRP = then the same trick , lets say 0.3 etc
Pine Script® indicator
by RafaelZioni
1
Range Percent Histogram📌 Range Percent Histogram – Indicator Description The Range Percent Histogram is a custom indicator that behaves like a traditional volume histogram, but instead of showing traded volume it displays the percentage range of each candle. In other words, the height of each bar represents how much the price moved (in percentage terms) within that candle, from its low to its high. 🔧 What it shows The indicator has two main components: Component Description Histogram Bars Columns plotted in red or green depending on the candle direction (green = bullish candle, red = bearish). The height of each bar = (high - low) / low * 100. That means a candle that moved, for example, 1 % from its lowest point to its highest point will show a bar with 1 % height. Moving Average (optional) A 20-period Simple Moving Average applied directly to the bar values. It can be turned ON/OFF via a checkbox and helps you detect whether current range activity is above or below the average range of the past candles. ⚙️ How it works Every time a new candle closes, the indicator calculates its range and converts it into a percentage. This value is drawn as a column under the chart. If the closing price is above the opening price → the bar is green (bullish range). If the closing price is below the opening price → the bar is red (bearish range). When the Show Moving Average option is enabled, a smooth line is plotted on top of the histogram representing the average percentage range of the last 20 candles. 📈 How to use it This indicator is very helpful for detecting moments of range expansion or contraction. One powerful way to use it is similar to a volume exhaustion / low-volume pattern: Situation Interpretation Consecutive bars with very low height Price is in a period of low volatility → possible accumulation or "pause" phase. A sudden large bar after a series of small ones Indicates a strong pickup in volatility → often marks the start of a new impulse in the direction of the breakout.
Pine Script® indicator
by BullBearSR
Range + VWAP + Gann Levels + ZL AMA + Gann Square Num# Multi-Strategy Market Analysis Indicator ## Overview This comprehensive indicator combines several powerful technical analysis tools to help traders identify potential price movements, market trends, and key support/resistance levels. By integrating price range prediction, volume-weighted averages, adaptive moving averages, and Gann-based mathematical levels, this indicator provides a complete toolkit for market analysis. ## Components & How They Work ### 1. Range Calculator **What it does:** Calculates the expected price range based on current volatility, useful for predicting potential price movements during a specific time period. **How it works:** - Uses the current price level and VIX (Volatility Index) to estimate how far the price might move in a given number of days - Applies the square root of time principle (volatility grows with the square root of time) - Displays upper and lower bounds of the expected price range - Shows the calculation details in a convenient table **How to use it:** - Enter the current price level, VIX value, and number of days - red line indicates potential resistance - green line indicates potential support - Useful for options trading, setting stop-loss levels, or preparing for upcoming market events ### 2. Gann Square Numbers **What it does:** Identifies mathematically significant price levels based on square numbers. **How it works:** - Takes the square root of the current price - Calculates the next 5 square numbers above the current price (upper levels) - Calculates the 5 square numbers below the current price (lower levels) - Draws these levels as horizontal lines on the chart **How to use it:** - Pink lines (upper levels) show potential resistance levels - Blue lines (lower levels) show potential support levels - These mathematical levels often coincide with significant market reactions - Based on W.D. Gann's theory that price tends to respect mathematical square numbers ### 3. Zero Lag Adaptive Moving Average (AMA) Bullish Scenario Bearish Scenario **What it does:** Provides a dynamic moving average that adapts to changing market conditions, reducing lag during trends while filtering noise during sideways markets. **How it works:** - Calculates an "Efficiency Ratio" that measures the directional movement relative to volatility - Adjusts the smoothing factor based on market efficiency - Uses a faster smoothing factor during trending markets and slower smoothing during sideways markets - Background color changes to indicate the trend direction (green for uptrend, red for downtrend) **How to use it:** - When price is above the AMA line with green background: Strong uptrend - When price is below the AMA line with red background: Strong downtrend - Helpful for trend identification and potential entry/exit points ### 4. Gann Stepline Levels **What it does:** Creates dynamic support and resistance levels based on multiple SMAs (Simple Moving Averages) of different lengths. **How it works:** - Calculates two key dynamic levels: - Gann 50% Level: Average of 90 and 144-period SMAs - Gann Level: Average of six different SMAs (90, 144, 180, 216, 240, 288) - These levels adjust automatically as the market evolves **How to use it:** - Blue line (Gann 50% Level) acts as dynamic support in uptrends and resistance in downtrends - Orange line (Gann Level) serves as a longer-term trend indicator - Price interaction with these levels often indicates potential reversal or continuation points ### 5. Anchored VWAP (Volume-Weighted Average Price) **What it does:** Shows the average price weighted by volume starting from a specific anchor point. **How it works:** - Calculates the average price weighted by volume from a chosen anchor period (Session, Day, Week, Month) - Resets calculations at the beginning of each new period - Shows where the current price is relative to the average trading price **How to use it:** - Price above VWAP: Bullish bias, buyers are in control - Price below VWAP: Bearish bias, sellers are in control - VWAP often acts as dynamic support/resistance level - Institutional traders often use VWAP for order execution ## Key Benefits - **Comprehensive Analysis:** Combines volatility-based, trend-following, volume-weighted, and mathematical approaches - **Multi-timeframe Perspective:** Different components operate on various timeframes for a complete market view - **Visual Clarity:** Color-coded lines and background help quickly identify market conditions - **Customizable Components:** Range Calculator, VWAP, and Gann Square Numbers can be adjusted to fit your trading style ## How to Interpret When Used Together - **Strong Trend Confirmation:** When AMA shows a trend and price respects the Gann Dynamic levels - **Reversal Signals:** When price reaches the expected range bounds and encounters a Gann Square Number - **High-Probability Zones:** Areas where multiple components show support/resistance at similar levels - **Volatility Assessment:** Compare the expected range from the Range Calculator with the actual price movement This indicator combines statistical, trend-following, and mathematical approaches to market analysis, providing traders with a well-rounded view of market conditions and potential price movements.
Pine Script® indicator
by SanttoshPDani
2
Range Filter Buy and Sell 5min## **Enhanced Range Filter Strategy: A Comprehensive Overview** ### **1. Introduction** The **Enhanced Range Filter Strategy** is a powerful technical trading system designed to identify high-probability trading opportunities while filtering out market noise. It utilizes **range-based trend filtering**, **momentum confirmation**, and **volatility-based risk management** to generate precise entry and exit signals. This strategy is particularly useful for traders who aim to capitalize on trend-following setups while avoiding choppy, ranging market conditions. --- ### **2. Key Components of the Strategy** #### **A. Range Filter (Trend Determination)** - The **Range Filter** smooths price fluctuations and helps identify clear trends. - It calculates an **adjusted price range** based on a **sampling period** and a **multiplier**, ensuring a dynamic trend-following approach. - **Uptrends:** When the current price is above the range filter and the trend is strengthening. - **Downtrends:** When the price falls below the range filter and momentum confirms the move. #### **B. RSI (Relative Strength Index) as Momentum Confirmation** - RSI is used to **filter out weak trades** and prevent entries during overbought/oversold conditions. - **Buy Signals:** RSI is above a certain threshold (e.g., 50) in an uptrend. - **Sell Signals:** RSI is below a certain threshold (e.g., 50) in a downtrend. #### **C. ADX (Average Directional Index) for Trend Strength Confirmation** - ADX ensures that trades are only taken when the trend has **sufficient strength**. - Avoids trading in low-volatility, ranging markets. - **Threshold (e.g., 25):** Only trade when ADX is above this value, indicating a strong trend. #### **D. ATR (Average True Range) for Risk Management** - **Stop Loss (SL):** Placed **one ATR below** (for long trades) or **one ATR above** (for short trades). - **Take Profit (TP):** Set at a **3:1 reward-to-risk ratio**, using ATR to determine realistic price targets. - Ensures volatility-adjusted risk management. --- ### **3. Entry and Exit Conditions** #### **📈 Buy (Long) Entry Conditions:** 1. **Price is above the Range Filter** → Indicates an uptrend. 2. **Upward trend strength is positive** (confirmed via trend counter). 3. **RSI is above the buy threshold** (e.g., 50, to confirm momentum). 4. **ADX confirms trend strength** (e.g., above 25). 5. **Volatility is supportive** (using ATR analysis). #### **📉 Sell (Short) Entry Conditions:** 1. **Price is below the Range Filter** → Indicates a downtrend. 2. **Downward trend strength is positive** (confirmed via trend counter). 3. **RSI is below the sell threshold** (e.g., 50, to confirm momentum). 4. **ADX confirms trend strength** (e.g., above 25). 5. **Volatility is supportive** (using ATR analysis). #### **🚪 Exit Conditions:** - **Stop Loss (SL):** - **Long Trades:** 1 ATR below entry price. - **Short Trades:** 1 ATR above entry price. - **Take Profit (TP):** - Set at **3x the risk distance** to achieve a favorable risk-reward ratio. - **Ranging Market Exit:** - If ADX falls below the threshold, indicating a weakening trend. --- ### **4. Visualization & Alerts** - **Colored range filter line** changes based on trend direction. - **Buy and Sell signals** appear as labels on the chart. - **Stop Loss and Take Profit levels** are plotted as dashed lines. - **Gray background highlights ranging markets** where trading is avoided. - **Alerts trigger on Buy, Sell, and Ranging Market conditions** for automation. --- ### **5. Advantages of the Enhanced Range Filter Strategy** ✅ **Trend-Following with Noise Reduction** → Helps avoid false signals by filtering out weak trends. ✅ **Momentum Confirmation with RSI & ADX** → Ensures that only strong, valid trades are executed. ✅ **Volatility-Based Risk Management** → ATR ensures adaptive stop loss and take profit placements. ✅ **Works on Multiple Timeframes** → Effective for day trading, swing trading, and scalping. ✅ **Visually Intuitive** → Clearly displays trade signals, SL/TP levels, and trend conditions. --- ### **6. Who Should Use This Strategy?** ✔ **Trend Traders** who want to enter trades with momentum confirmation. ✔ **Swing Traders** looking for medium-term opportunities with a solid risk-reward ratio. ✔ **Scalpers** who need precise entries and exits to minimize false signals. ✔ **Algorithmic Traders** using alerts for automated execution. --- ### **7. Conclusion** The **Enhanced Range Filter Strategy** is a powerful trading tool that combines **trend-following techniques, momentum indicators, and risk management** into a structured, rule-based system. By leveraging **Range Filters, RSI, ADX, and ATR**, traders can improve trade accuracy, manage risk effectively, and filter out unfavorable market conditions. This strategy is **ideal for traders looking for a systematic, disciplined approach** to capturing trends while **avoiding market noise and false breakouts**. 🚀
Pine Script® indicator
by Forexbros22
Range Detection [No Repaint]DETECTS RANGE EARLY Using Confirmed Data: All calculations now use to reference the previous completed candle Signals are only generated based on completed candles Range state is stored and confirmed before displaying Key Changes to Prevent Repainting: ATR calculations use previous candle data Bollinger Bands calculate from previous closes Price range checks use previous highs and lows Range state is confirmed before displaying How to Verify No Repainting: Signals will only appear after a candle closes Historical signals will remain unchanged Alerts will only trigger on confirmed changes This means: The indicator will be slightly delayed (one candle) But signals will be more reliable Historical analysis will be accurate Backtesting results will match real-time performance Usage Tips with No-Repaint Version: Wait for candle close before acting on signals Use the confirmed range state for decision making Consider the one-candle delay in your strategy timing Alerts will only trigger on confirmed condition changes Would you like me to: Add a parameter to choose between real-time and no-repaint modes? Add visual indicators for pending vs confirmed signals? Modify the sensitivity of the range detection?
Pine Script® indicator
by Dennari
Range Force Impulse The "Range Force Impulse" indicator combines 4 useful indicators into one, freeing up chart real-estate and giving the trader insight into trend health, bull/bear commitment, range and volatility all at a glance. The indicator consists of the following: Direction - True Range and Average True Range columns shown above and below 0 depending on direction of the period's price -- TR (gray) shows the current period's trading volatility -- ATR (Impulse colors, see below) shows an EMA of TR over a specified length -- Can be used to determine stops and targets (Example: Stop loss at prev close - ATR, Target at 2x ATR) Index - Alexander Elder's EMA of (change(close) * volume), shows crosses above 0 (green) and below 0 (red), and intermediate signals -- Shows bull vs. bear interest/commitment/dominance -- Elder recommends EMA length of 2 for daily chart buy/sell signals, and 13 for weekly chart bull/bear dominance & trend direction signals -- Intermediate signals are shown above 0 when falling (salmon), or below 0 when rising (pale yellow) System - Range columns are colored using Alexander Elder's censorship system (green: do not short, red: do not long, blue: is up to you) -- Shows overall trend health (Macd histogram and EMA up/down changes)
Pine Script® indicator
by zephurr
4
Range Flow T-Sweep [1-40]Here is a clean, lively, and punchy TradingView description in English, tailored for your "Range Flow T-Sweep" indicator: 👁️ Range Flow T-Sweep | Liquidity Hunter 🚀 No Repaint. No Hesitation. Capture the true market direction with "Purple Box" precision. This indicator takes standard market structure to the next level by detecting "T-Sweep" (Liquidity Sweep) maneuvers. Powered by SAL (Sequence Array Locking) technology, signals are locked in permanently—meaning ZERO REPAINT! 🚫🎨 🔥 Key Features: 🟣 Purple Boxes (T-Sweep): Not just any break. These boxes highlight critical "Swing Failure" patterns where liquidity was grabbed before a reversal. Avoid the traps! +1 🛡️ 100% Non-Repainting (SAL Mode): No ZigZag, no disappearing signals. Once a candle closes, the signal is locked forever. Perfect for backtesting and live trading. 🌊 Flow Tracking: Instantly visualize when the market shifts into a Long or Short flow state. 🚦 Crystal Clear Signals: Purple: High-probability Liquidity Sweeps (The "Money" setups). Yellow: Standard Market Structure Shifts (Normal Flow). Blue/Red Lines: Break of Structure (BOS) levels. 🔔 Full Alert Suite: Never miss a sweep. Get notified the moment the flow changes. 🎯 Who is this for? Perfect for Price Action traders, SMC (Smart Money Concepts) enthusiasts, and anyone tired of repainting indicators. 💡 Pro Tip: Go to Settings and check "Show ONLY T-Swept Signals" to filter out the noise and focus exclusively on the strongest reversals! 💎 Good luck and happy trading! 💸🚀 ig: kriptofazil
Pine Script® indicator
by alicnsz