CVD Zones & Divergence [Pro]# CVD Zones & Divergence
**Complete CVD order flow toolkit** - Divergences, POC, Profile, and Supply/Demand zones all in one professional indicator.
## 🎯 What It Does
Combines **four powerful order flow tools** into a single, cohesive indicator:
1. **CVD Divergences** - Early warnings + confirmed signals
2. **Point of Control (POC)** - Fair value equilibrium line
3. **CVD Profile** - Visual distribution histogram
4. **Supply/Demand Zones** - Real absorption-based S/R levels
All based on **Cumulative Volume Delta (CVD)** - actual buying/selling pressure, not approximations.
## ✨ Key Features
### 🔄 CVD Divergences (Dual Mode)
**Confirmed Divergences** (High Accuracy)
- Solid lines (customizable colors)
- 🔻 Bear / 🔺 Bull labels
- Win rate: ~70-80%
- Best for swing traders
**Early Warning Mode** ⚡ (Fast Signals)
- Dashed lines (default purple)
- ⚠️ Early Bear / ⚠️ Early Bull labels
- Fires 6+ bars earlier
- Win rate: ~55-65%
- Best for scalpers/day traders
### 🎯 Point of Control (POC)
- **Independent lookback** (300 bars default)
- Yellow line showing fair value
- Where most CVD activity occurred
- Acts as dynamic support/resistance
- Resets and recalculates continuously
### 📊 CVD Profile Histogram
- **Visual CVD distribution** over lookback period
- **Split buy/sell** (blue/orange bars)
- **Value Area** (70% CVD zone highlighted)
- Position: Right/Left/Current (your choice)
- Shows where actual order flow happened
### 📦 Supply/Demand Zones
- **Absorption-based** detection (not guesses!)
- Green = Demand (buyers absorbed 2:1+)
- Red = Supply (sellers absorbed 2:1+)
- Shows **real** institutional levels
- Auto-sorted by strength
- Displays top 8 zones
## 📊 What You See on Chart
```
Your Chart:
├─ 🔴 Red lines (bearish divergences)
├─ 🟢 Green lines (bullish divergences)
├─ 🟣 Purple dashed (early warnings)
├─ 🟡 Yellow POC line (fair value)
├─ 📊 Blue/Orange profile (right side)
├─ 🟢 Green boxes (demand zones)
└─ 🔴 Red boxes (supply zones)
```
## ⚙️ Recommended Settings
### 15m Day Trading (Most Popular)
```
📊 Profile:
- Lookback: 150 bars
- Profile Rows: 24
- Position: Right
🎯 POC:
- POC Lookback: 300 bars
- Show POC: ON
📦 Zones:
- Min Absorption Ratio: 2.0
- HVN Threshold: 1.5
- Max Zones: 8
🔄 Divergences:
- Pivot L/R: 9
- Early Warning: ON
- Early Right Bars: 3
- Min Bars Between: 40
- Min CVD Diff: 5%
```
### 5m Scalping
```
Profile Lookback: 100
POC Lookback: 200
Pivot L/R: 7
Early Warning Right: 2
Min Bars Between: 60
```
### 1H Swing Trading
```
Profile Lookback: 200
POC Lookback: 400-500
Pivot L/R: 12-14
Early Warning Right: 4-5
Min Bars Between: 30
Min CVD Diff: 8%
```
## 💡 How to Trade
### Setup 1: Divergence at Zone ⭐ (BEST - 75%+ win rate)
**Entry:**
- Price hits demand/supply zone
- Divergence appears (early or confirmed)
- Double confluence = high probability
**Example (Long):**
```
1. Price drops into green demand zone
2. ⚠️ Early bullish divergence fires
3. Enter long with tight stop below zone
4. Target: POC or next supply zone
```
**Risk/Reward:** 1:3 to 1:5
---
### Setup 2: POC Bounce/Rejection
**Entry:**
- Price approaches POC line
- Wait for reaction (bounce or rejection)
- Enter in direction of reaction
**Long Setup:**
```
1. Price pulls back to POC from above
2. POC acts as support
3. Bullish divergence appears (confirmation)
4. Enter long, stop below POC
```
**Short Setup:**
```
1. Price rallies to POC from below
2. POC acts as resistance
3. Bearish divergence appears
4. Enter short, stop above POC
```
**Risk/Reward:** 1:2 to 1:4
---
### Setup 3: Zone + Profile Confluence
**Entry:**
- Supply/demand zone aligns with thick profile bar
- Shows high CVD activity at that level
- Triple confluence = very high probability
**Example:**
```
1. Supply zone at 26,100
2. Profile shows heavy selling at 26,100
3. Price rallies to 26,100
4. Bearish divergence appears
5. Enter short
```
**Risk/Reward:** 1:4 to 1:6
---
### Setup 4: Early Warning Scalp ⚡
**Entry (Aggressive):**
- ⚠️ Early warning fires
- Price at zone or POC
- Enter immediately
- Tight stop (1-2 ATR)
**Management:**
```
- Take 50% profit at 1:1
- Move stop to breakeven
- 🔻 Confirmed signal → Trail stop
- Exit rest at target
```
**Risk/Reward:** 1:1.5 to 1:2
**Trades/day:** 3-8
---
### Setup 5: Multi-Timeframe (Advanced)
**Confirmation Required:**
```
Higher TF (1H):
- Confirmed divergence
- At major POC or zone
Lower TF (15m):
- Early warning triggers
- Entry with better timing
```
**Benefits:**
- HTF gives direction
- LTF gives entry
- Best of both worlds
**Risk/Reward:** 1:3 to 1:5
---
## 📊 Component Details
### CVD Profile
**What the colors mean:**
- **Blue bars** = Buying CVD (demand)
- **Orange bars** = Selling CVD (supply)
- **Lighter shade** = Value Area (70% CVD)
- **Thicker bar** = More volume at that price
**How to use:**
- Thick bars = Support/Resistance
- Profile shape shows market structure
- Balanced profile = range
- Skewed profile = trend
---
### Supply/Demand Zones
**How they're detected:**
1. High Volume Node (1.5x average)
2. CVD buy/sell ratio calculated
3. Ratio ≥ 2.0 → Zone created
4. Sorted by strength (top 8 shown)
**Zone labels show:**
- Type: "Demand" or "Supply"
- Ratio: "2.8:1" = strength
**Not like other indicators:**
- ❌ Other tools use price action alone
- ✅ This uses actual CVD absorption
- Shows WHERE limit orders defended levels
---
### Point of Control (POC)
**What it shows:**
- Price with highest CVD activity
- Market's "fair value"
- Dynamic S/R level
**How to use:**
- Price above POC = bullish bias
- Price below POC = bearish bias
- POC retest = trading opportunity
- POC cross = trend change signal
**Independent lookback:**
- Profile: 150 bars (short-term)
- POC: 300 bars (longer-term context)
- Gives stable, relevant POC
---
## 🔧 Settings Explained
### 📊 Profile Settings
**Lookback Bars** (150 default)
- How many bars for profile calculation
- Lower = more recent, reactive
- Higher = more historical, stable
**Profile Rows** (24 default)
- Granularity of distribution
- Lower = coarser (faster)
- Higher = finer detail (slower)
**Profile Position**
- Right: After current price
- Left: Before lookback period
- Current: At lookback start
**Value Area** (70% default)
- Highlights main CVD concentration
- 70% is standard
- Higher % = wider zone
---
### 🎯 POC Settings
**POC Lookback** (300 default)
- Independent from profile
- Longer = more stable POC
- Shorter = more reactive POC
**Show POC Line/Label**
- Toggle visibility
- Customize color/width
---
### 📦 Zone Settings
**Min Absorption Ratio** (2.0 default)
- Buy/Sell threshold for zones
- 2.0 = 2:1 ratio minimum
- Higher = fewer, stronger zones
**HVN Threshold** (1.5 default)
- Volume must be 1.5x average
- Higher = stricter filtering
- Lower = more zones
**Max Zones** (8 default)
- Limits display clutter
- Shows strongest N zones only
---
### 🔄 Divergence Settings
**Pivot Left/Right** (9/9 default)
- Bars to confirm pivot
- Higher = slower, more confirmed
- Lower = faster, less confirmed
**Early Warning**
- ON = Show early signals
- Early Right Bars (3 default)
- 3 = 6 bars faster than confirmed
**Filters:**
- Min Bars Between (40): Prevents spam
- Min CVD Diff % (5): Filters weak signals
**Visual:**
- Line styles: Solid/Dashed/Dotted
- Colors: Customize all 4 types
- Labels: Toggle ON/OFF
---
## 🎨 Color Customization
**Divergences:**
- Bullish Confirmed: Green (default)
- Bearish Confirmed: Red (default)
- Early Bullish: Purple (default)
- Early Bearish: Purple (default)
**Zones & Profile:**
- Bull/Demand: Green
- Bear/Supply: Red
- Buy CVD Profile: Blue
- Sell CVD Profile: Orange
- Value Area Up/Down: Lighter blue/orange
**POC:**
- POC Color: Yellow (default)
All customizable to your preference!
---
## 🔔 Alerts Available
**6 Alert Types:**
1. 🔻 Bearish Divergence (confirmed)
2. 🔺 Bullish Divergence (confirmed)
3. ⚠️ Early Bearish Warning
4. ⚠️ Early Bullish Warning
5. (Manual: POC cross)
6. (Manual: Zone touch)
**Setup:**
1. Click Alert (⏰)
2. Choose "CVD Zones & Divergence"
3. Select alert type
4. Configure notification
5. Create!
---
## 💎 Pro Tips
### From Experienced Traders:
**"Use zones with divergences for best setups"**
- Zone alone: 60% win rate
- Divergence alone: 65% win rate
- Both together: 75%+ win rate
**"POC is your friend"**
- Price tends to revert to POC
- Great target for counter-trend trades
- POC cross = potential trend change
**"Profile tells the story"**
- Thick bars = institutional levels
- Balanced profile = range-bound
- Skewed high = distribution (top)
- Skewed low = accumulation (bottom)
**"Early warnings for entries, confirmed for confidence"**
- Early = better entry price
- Confirmed = validation
- Use both in scale-in strategy
**"Filter by timeframe"**
- 1m-5m: Very fast, many signals
- 15m: Sweet spot for most traders
- 1H-4H: High quality, fewer signals
---
## 🔧 Tuning Guide
### Too Cluttered?
**Simplify:**
```
✅ Show Divergences: ON
✅ Show POC: ON
❌ Show Zones: OFF (or reduce to 4-5)
❌ Show Value Area: OFF
❌ Divergence Labels: OFF
→ Clean chart with just lines + POC
```
### Missing Opportunities?
**More Signals:**
```
↓ Pivot Right: 6-7
↓ Early Warning Right: 2
↓ Min Bars Between: 25-30
↓ Min CVD Diff: 2-3%
↓ Min Absorption Ratio: 1.8
```
### Too Many False Signals?
**Stricter Filters:**
```
↑ Pivot Right: 12-15
↑ Min Bars Between: 60
↑ Min CVD Diff: 8-10%
↑ Min Absorption Ratio: 2.5
↓ Max Zones: 4-5
```
### POC Not Making Sense?
**Adjust POC Lookback:**
```
If too high: Increase to 400-500
If too low: Increase to 400-500
If jumping around: Increase to 500+
→ Longer lookback = more stable POC
```
---
## ❓ FAQ
**Q: Difference from CVD Divergence (standalone)?**
A: This is the **complete package**:
- Divergence tool = divergences only
- This = divergences + POC + profile + zones
- Use divergence tool for clean charts
- Use this for full analysis
**Q: Too slow/laggy?**
A: Reduce computational load:
```
Profile Rows: 18 (from 24)
Lookback: 100 (from 150)
Max Zones: 5 (from 8)
```
**Q: No volume data error?**
A: Symbol has no volume
- Works: Futures, stocks, crypto
- Maybe: Forex (broker-dependent)
- Doesn't work: Some forex pairs
**Q: Can I use just some features?**
A: Absolutely! Toggle what you want:
```
Zones only: Turn off divergences + POC
POC only: Turn off zones + divergences
Divergences only: Turn off zones + POC + profile
Mix and match as needed!
```
**Q: Best timeframe?**
A:
- **1m-5m**: Scalping (busy, many signals)
- **15m**: Day trading ⭐ (recommended)
- **1H-4H**: Swing trading (quality signals)
- **Daily**: Position trading (very selective)
**Q: Works on crypto/forex/stocks?**
A:
- ✅ Futures: Excellent
- ✅ Stocks: Excellent
- ✅ Crypto: Very good (major pairs)
- ⚠️ Forex: Depends on broker volume
---
## 📈 Performance Expectations
### Realistic Win Rates
| Strategy | Win Rate | Avg R/R | Trades/Week |
|----------|----------|---------|-------------|
| Early warnings only | 55-65% | 1:1.5 | 15-30 |
| Confirmed only | 70-80% | 1:2 | 8-15 |
| Divergence + Zone | 75-85% | 1:3 | 5-12 |
| Full confluence (all 4) | 80-90% | 1:4+ | 3-8 |
**Keys to success:**
- Don't trade every signal
- Wait for confluence
- Proper risk management
- Trade what you see, not what you think
---
## 🚀 Quick Start
**New User (5 minutes):**
1. ✅ Add to 15m chart
2. ✅ Default settings work well
3. ✅ Watch for 1 week (don't trade yet!)
4. ✅ Note which setups work best
5. ✅ Backtest on 50+ signals
6. ✅ Start with small size
7. ✅ Scale up slowly
**First Trade Checklist:**
- Divergence + Zone/POC = confluence
- Clear S/R level nearby
- Risk/reward minimum 1:2
- Position size = 1% risk max
- Stop loss placed
- Target identified
- Journal entry ready
---
## 📊 What Makes This Special?
**Most indicators:**
- Use RSI/MACD divergences (lagging)
- Guess at S/R zones (subjective)
- Don't show actual order flow
**This indicator:**
- Uses real CVD (actual volume delta)
- Absorption-based zones (real orders)
- Profile shows distribution (real activity)
- POC shows equilibrium (real fair value)
- All from one data source (coherent)
**Result:**
- Everything aligns
- No conflicting signals
- True order flow analysis
- Professional-grade toolkit
---
## 🎯 Trading Philosophy
**Remember:**
- Indicator shows you WHERE to look
- YOU decide whether to trade
- Quality over quantity always
- Risk management is #1
- Patience beats aggression
**Best trades have:**
- ✅ Multiple confluences
- ✅ Clear risk/reward
- ✅ Obvious invalidation point
- ✅ Aligned with trend/context
**Worst trades have:**
- ❌ Single signal only
- ❌ Poor location (middle of nowhere)
- ❌ Unclear stop placement
- ❌ Counter to all context
---
## ⚠️ Risk Disclaimer
**Important:**
- Past performance ≠ future results
- All trading involves risk
- Only risk what you can afford to lose
- This is a tool, not financial advice
- Use proper position sizing
- Keep a trading journal
- Consider professional advice
**Your responsibility:**
- Which setups to trade
- Position size
- Entry/exit timing
- Risk management
- Emotional control
**Success = Tool + Strategy + Discipline + Risk Management**
---
## 📝 Version History
**v1.0** - Current Release
- CVD divergences (confirmed + early warning)
- Point of Control (independent lookback)
- CVD profile histogram
- Supply/demand absorption zones
- Value area visualization
- 6 alert types
- Full customization
---
## 💬 Community
**Questions?** Drop a comment below
**Success story?** Share with the community
**Feature request?** Let me know
**Bug report?** Provide details in comments
---
**Happy Trading! 🚀📊**
*Professional order flow analysis in one indicator.*
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VWAP + RVOL (Merged):
📊 VWAP + RVOL (Merged)
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✅ Practical Trading Use
Long Setup:
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RVOL ≥ 1.5
Light pullback or VWAP retest
Confirmation candle with increasing volume
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RVOL Reference Lines – Toggle RVOL levels on/off
VWAP Source – Price source for VWAP calculation
Hide VWAP on 1D+ – Optional VWAP hiding on higher timeframes
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Daily Candle Bias Backtesting Stats @MaxMaserati This indicator, is a powerful backtesting and probability tool designed to quantify the "follow-through" of specific candle types across different market sessions.
It identifies specific price action setups and tracks whether price hits a "Target" (continuation) or an "Invalidation" (reversal) first, providing real-time win rates for your favorite sessions.
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MMM CANDLE LOGIC
Bullish Expansion & Breakout Signatures
Bullish Body Close Plus (BuBC Plus): Represents strong bullish momentum where price closes above the previous high and near its own top, signaling that buyers are in complete control.
Bullish Body Close Minus (BuBC Minus): Indicates weak bullish momentum; while the price closes above the previous high, a long top wick shows sellers pushed back, suggesting a potential retest of the previous high.
Bearish Expansion & Breakout Signatures
Bearish Body Close Plus (BeBC Plus): A very strong bearish signal where price closes below the previous low and near its own bottom, indicating sellers are dominant.
Bearish Body Close Minus (BeBC Minus): Signifies weak bearish momentum; the price breaks the previous low but finishes with a long bottom wick as buyers push back, often leading to a retest of the old ceiling.
Bullish Reversal & Trap Signatures (Affinity)
Bullish Affinity Plus (BuAF Plus): A strong bullish reversal where a new low is made, but sellers hit a wall and get trapped, causing price to finish near its top with a long bottom wick.
Bullish Affinity Minus (BuAF Minus): A weak bullish bounce where a new low is made and price finishes back inside the previous range, but buyers lack the energy for a significant move.
Bearish Reversal & Trap Signatures (Affinity)
Bearish Affinity Plus (BeAF Plus): A strong bearish reversal; buyers are trapped after making a new high, and price finishes near its bottom with a long top wick.
Bearish Affinity Minus (BeAF Minus): A weak bearish drop where sellers stop the rise but lack the energy to push price significantly lower.
Neutral & Volatility Signatures
Close Inside Bullish (CI•BuAF): Bullish neutral state where price stays inside the previous candle’s range but finishes in the top half, indicating buyers are slightly more active.
Close Inside Bearish (CI•BeAF): Bearish neutral state where price remains inside the previous box and finishes in the bottom half.
Seek & Destroy Bullish (S&D•BuAF): Bullish volatility characterized by price moving above and below the previous candle before buyers win the battle and close price near the top.
Seek & Destroy Bearish (S&D•BeAF): Bearish volatility where sellers win a high-chaos battle, closing price near the bottom after sweeping both sides of the previous candle.
H4 CANDLE EXAMPLE
Deep Dive: Analysis of the 4H Statistics
The image presents a comprehensive backtest of 4,999 total candles from September 2022 to December 2025. Here is the breakdown of what the interface is telling us:
1. The Strategy: Target vs. Invalidation
The indicator tracks BuBC (Bullish Body Close) and BeBC (Bearish Body Close).
The Target: For a Bullish candle, the target is the High. For a Bearish candle, it is the Low.
The Invalidation: The opposite end of the candle (the Low for Bullish, the High for Bearish).
The Goal: To see which level is touched first in the subsequent bars.
2. Global Performance (The Top Right Table)
Looking at the BuBC (1402 samples) section:
Target First (67.8%): In nearly 7 out of 10 cases, once a 4H candle closes "bullish" (breaking the previous high), the price continues higher to break its own high before it ever returns to take out its own low.
Both Hit (17.7%): This is a critical metric. It represents "Stop Runs" or "Wicks" where price hits the target but also hits the invalidation within the same tracking period.
Efficiency (1.3 Bars): This tells us the "follow-through" is almost immediate. If the trade doesn't work within 1 or 2 candles, the statistical edge drops off significantly.
3. The Session Breakdown (The Bottom Left Table)
This is where the "Edge" is found. Not all hours of the day are created equal.
Asian Late (02:00-06:00) – The "Star" Performer: With a 72.9% Target rate, this is labeled "BEST." It has the lowest "Both%" (6.5%), meaning moves during these hours are incredibly "clean." If a setup forms here, price usually moves directly to the target without looking back.
London Open & Overlap (06:00-14:00): These sessions maintain a high win rate (approx. 70%). This suggests that the European session provides reliable trend continuation for the S&P 500.
NY Session (14:00-18:00) – The "Trap" Zone: This is labeled "WORST" for a reason. While the win rate is basically a coin flip (49.6%), the Both% spikes to 36.7%. This means that even if you are right about the direction, the market is highly likely to "sweep" your stop loss before going to the target. It is the most volatile and "fake-out" prone time for this specific setup.
Summary of the Data
The statistics show that the S&P 500 4H Candle Bias is a highly reliable trend-following indicator, provided you trade it at the right time.
The data suggests a clear three-step logic:
Directional Edge: Both Bullish and Bearish body closes have a natural ~67% probability of continuation.
Timing is Everything: Trading during the Late Asian and London sessions increases your probability of success to over 70% with very low risk of a "fake-out."
Risk Warning: Avoid "Body Close" breakout strategies during the NY Mid-day (14:00-18:00). The statistics prove that this window is dominated by "Seek and Destroy" price action, where price is mathematically likely to hit both your target and your stop, usually hitting the stop first.
ICT Precision Turtle Soup NuNi1. Identify the CRT Range (The Context)
Before looking for a trade, the indicator defines the Candle Range Theory (CRT) boundaries based on your lookback period.
CRT High (Red Line): Represents old buy-side liquidity.
CRT Low (Green Line): Represents old sell-side liquidity.
HTF Filter: The code ensures the higher timeframe trend (e.g., 4H) aligns with your direction. Only look for Buys if the HTF trend is bullish.
2. The Manipulation (Turtle Soup 🐢)
Wait for price to move outside the CRT boundaries.
The Trap: Price must sweep below the CRT Low or above the CRT High.
The Reclaim: A Turtle Body Soup (TBS) occurs when the candle body closes back inside the range, or a wick rejection happens.
Symbol: A 🐢 icon will appear on the chart. Do not entry yet. This is just a warning that a setup is forming.
3. The Shift & Momentum (The Trigger)
To ensure a high-probability entry, the indicator waits for two technical confirmations:
MSS (Market Structure Shift): Price must break the most recent swing high (for Buys) or swing low (for Sells).
Displacement: The breaking candle must be "displaced"—meaning it has a large, energetic body compared to previous candles. This proves that big banks/institutions are moving the price.
4. The Entry Execution
Once all conditions are met, the "⭐ PRECISION ENTRY" label will appear.
Execution: You can enter at the market price when the label appears.
Retest Entry: Alternatively, look for the price to return to the IFVG or Breaker Zone (the shaded box) drawn by the indicator for a more refined entry.
ORB 2R Retest Volume Entry (1m) - v6gJdsfjs kdfg s jdslzi gdsjzg SJFds SJKdls dsjzgfjdkzl GDMKls gndsmzgSfgndmsKF fdnsioGLfs
Elite Monday Range V3- ProfessionalElite Monday Range V3 - Advanced Institutional Bias & Analysis
Overview
The Elite Monday Range V3 is a high-performance decision-support tool designed for traders who utilize the "Weekly Open" and "Monday's Range" as their primary benchmark for the trading week. Unlike standard range indicators, this script employs an advanced Multi-Asset Analysis Engine to determine the weekly bias with institutional-grade precision.
It doesn't just draw lines; it analyzes Previous Week's Close (PWC), Monday's Candle Structures (Price Action), and Internal Liquidity to provide a definitive "Directional Bias" and "Confidence Score."
Key Features
Smart Multi-Asset Detection: Automatically detects if you are trading Forex, Crypto, or Indices and adjusts its internal logic and strategy suggestions accordingly.
Institutional Bias Engine: Calculates a Confidence Score (from -4 to +4) based on 4 critical criteria:
Price vs. Previous Week Close: Checks if the bulls or bears are maintaining momentum from the prior week.
Monday Candle Analysis: Automatically identifies Pin Bars (Liquidity Grabs) or Strong Engulfing movements.
Price vs. Monday Midpoint (Equilibrium): The ultimate pivot point for weekly trend direction.
Price vs. Weekly Open: Tracks the "true" opening sentiment.
Liquidity Hunt Signals (Judas Swing): Visual alerts for LIQ BUY and LIQ SELL when price sweeps Monday's extremes and returns inside the range—a classic sign of institutional manipulation before a trend.
Symmetric Expansion Levels: Projects +50%, +100%, -50%, and -100% extensions of the Monday range to identify high-probability Take Profit (TP) and reversal zones.
Dynamic Professional Dashboard: A sleek, real-time table on your chart that summarizes Asset Type, Weekly Bias, Candle Info, and the Confidence Score.
Force Overlay Technology: Ensures all lines and labels remain visible and crisp on the top layer, above candles and other indicators.
How to Trade with the Elite Dashboard
Check the "Net Weekly Bias": Look for STRONG BULL or STRONG BEAR.
Verify Confidence Score: A score of 3 or 4 (or -3/-4 for shorts) indicates high-probability conditions.
Identify Entry: If the Bias is "STRONG BULL," wait for a retest of the Monday Mid (MID) or Monday High (MON H).
Confirm with Liquidity: Look for a LIQ BUY signal near the Monday Low for the highest-quality "A+ Setup."
Target: Use the Expansion Levels (+50% / +100%) as your primary targets for the week.
Technical Settings
Lookback Weeks: Choose exactly how many historical weeks to display to keep your chart clean.
Customizable Colors: Fully adjustable colors for Monday ranges and expansion projections.
Line Width: User-defined thickness for professional visual clarity.
Open Interest Bubbles [BackQuant]Open Interest Bubbles
A visual OI positioning overlay that aggregates futures open interest across major venues, normalizes it into a consistent “signal strength” scale, then plots extreme events as bubbles, labels, and optional horizontal levels directly on price.
What this is for
Open interest is one of the cleanest ways to track when positioning is building, unwinding, or aggressively shifting. The problem is raw OI is noisy, exchange-specific, and hard to compare across time. This script solves that by:
- Aggregating OI across multiple exchanges.
- Letting you choose what “OI signal” you care about (raw, delta, percent versions).
- Normalizing the signal so “big events” are easy to spot.
- Plotting those events as bubbles and levels at the exact price they occurred.
You end up with a clean, fast visual map of where large positioning changes occurred, and where those events may later matter as reaction points.
────────────────────────────────────────────────────────────
Plotting types (what you can display)
Bubbles
This mode plots OI events as size-bucketed circles on the chart. Bigger bubbles represent stronger normalized events. You can tune:
- Bubble sizing by bucket (Tiny → Huge).
- Heatmap vs solid color styling.
- Signed vs unsigned coloring (positive/negative separation or magnitude-only).
Best use:
- Spotting “where something changed” at a glance.
- Identifying clusters of positioning events around key price zones.
- Seeing whether the market is repeatedly building/closing positions at similar levels.
Levels
Levels mode draws a horizontal line at the anchor price when an extreme OI event triggers. These act like “positioning memory” levels:
- They do not claim to be support/resistance by themselves.
- They highlight prices where the derivatives market clearly did something meaningful.
Best use:
- Marking potential reaction zones.
- Combining with your price action tools (structure, OBs, FVGs) to confirm whether an OI level aligns with a technical level.
- Building a “map” of where leverage likely entered or exited.
Modes available in the script:
- Off
- Bubbles
- Bubbles + Labels
- Labels Only
- Levels + Labels
────────────────────────────────────────────────────────────
Aggregated Open Interest source (multi-exchange)
This indicator builds a single aggregated OI series by requesting OI data from multiple exchanges and summing it. You can toggle exchanges on/off:
- Binance, Bybit, OKX, Bitget, Kraken, HTX, Deribit
You can also choose OI units:
- COIN , OI in base units (native sizing)
- USD , converted for a dollar-value representation
Important note:
Not every symbol has OI data on every venue. If the script cannot build an aggregated series for the symbol, it will throw an error rather than quietly plotting garbage.
────────────────────────────────────────────────────────────
OI Source, what the bubbles are measuring
You control what “signal” is normalized and plotted:
- Delta , change in aggregated OI from the prior bar.
Use when you want to highlight bursts of new positioning or sudden unwind events.
- Raw OI , the aggregated open interest level itself.
Use when you want to highlight absolute positioning build-up periods.
- Delta % , percent change in OI.
Use when you want moves normalized to the current OI regime, useful across different market eras.
- Raw OI % , percent change form of the raw series.
Use when you want relative changes rather than absolute size.
Practical guidance:
- Delta modes are best for “event detection”.
- Raw modes are better for “regime context” and whether positioning is structurally rising or fading.
────────────────────────────────────────────────────────────
Normalization (the key to making it readable)
Because OI varies massively across assets and time, the script includes multiple normalization modes to convert your chosen OI source into a comparable “strength” value.
Options:
- ZScore , deviation from a rolling mean in standard deviation units.
- StdNorm , scaled by rolling standard deviation.
- AbsZScore , absolute value version for magnitude-only mapping.
- AbsStdNorm , absolute value version for magnitude-only mapping.
- None , plots raw values (advanced users only, often too noisy visually).
Why this matters:
Normalization makes a “1.5” or “3.0” threshold mean something across different assets and timeframes, instead of being stuck to raw OI units.
────────────────────────────────────────────────────────────
Threshold system (when bubbles/levels trigger)
The plot is driven by two user thresholds:
- Base Threshold
Controls where “meaningful” events start. Raising this reduces noise and focuses on larger deviations.
- Extreme Threshold
Controls what qualifies as a top-tier event. Extreme events are what you typically want to convert into labels and levels.
You also control side filtering:
- Both , show positive and negative events.
- Positive Only , show only increases (or positive signal side depending on source).
- Negative Only , show only decreases (or negative signal side).
In practice:
- Use Base Threshold to tune chart cleanliness.
- Use Extreme Threshold to mark only the “big stuff” that tends to matter later.
────────────────────────────────────────────────────────────
Anchor Source (where the bubble/level is placed)
The indicator places bubbles, labels, and levels at a price anchor you choose:
- HL2, Close, Open, High, Low, VWAP
This is important because “where you pin the event” changes how it reads:
- Close is clean and consistent for backtesting and candle-close logic.
- High/Low can better represent where the fight occurred intrabar.
- VWAP can be useful for “fair price” anchoring in active markets.
────────────────────────────────────────────────────────────
Style system (theme, palette, signed logic)
This script is built to look good and stay readable on busy charts.
Themes
- BackQuant, Classic, Ice, Fire, Mono, Custom
Palette Mode
- Solid , one consistent color
- Heatmap , intensity increases with magnitude
- Single Color Adaptive , adapts to chart background for clarity
Side Coloring
- Signed , positive and negative events can use different ramps
- Unsigned , magnitude-only coloring
Negative theme handling:
- Auto (mirrors your chosen theme),
- Invert (flips the ramp),
- Custom (fully user-defined negative palette).
What this gives you:
- You can run a clean “mono” look for professional charts.
- Or a high-contrast heatmap for fast scanning.
- Or fully custom branding colors for BackQuant-style presentation.
────────────────────────────────────────────────────────────
Labels (what’s inside the label)
When labels are enabled, the script can display:
- OI , the aggregated OI value
- OI + Norm , OI plus normalized strength
- Norm Only , just the normalized strength
- Src + Norm , the selected source value (Delta, Raw, %) plus normalized strength
You can also control:
- Left/Center/Right label alignment
- Number formatting style (Raw, Compact, Volume format)
Best practice:
- Use “Src + Norm” when you want both the raw event size and its rarity.
- Use “Norm Only” when you want a clean, minimal chart.
────────────────────────────────────────────────────────────
Levels and object limits (performance and cleanliness)
Because this script draws objects, it includes a hard cleanup system:
- You set Max Levels / Labels to control chart clutter.
- The script deletes older lines/labels when the limit is exceeded.
This is critical if you trade lower timeframes, where OI events can trigger frequently.
────────────────────────────────────────────────────────────
How to interpret the signals
What a large bubble usually means:
- A statistically large positioning change relative to recent history.
- This can represent fresh leverage entering, forced liquidations, or aggressive de-risking, depending on direction and context.
How to use levels:
- Treat them as “attention levels”, not automatic entries.
- Combine them with structure and liquidity tools:
- If price revisits an OI level and shows rejection, it often confirms that level mattered.
- If price slices through with no reaction, it often indicates the OI event was transitional, not defended.
Common setups:
- Clustered extreme bubbles near a breakout zone, then retest later.
- Extreme negative event at capitulation low, followed by structure flip.
- Extreme positive build into resistance, then unwind and mean reversion.
Also, please check out @NoveltyTrade for the OI Aggregation logic & pulling the data source!
Here is the original script:
First Candle Range (FCR) Gold Strategy - EtubersThe 18:00 (6:00 PM) candle is widely used by traders in the Forex and Futures markets because it marks the New York market rollover and the start of the Asian session.
How the Strategy Works:
- The Range: The High and Low prices of the 1-hour candle (18:00–19:00) create a "Supply and Demand" zone.
- The Breakout: A candle closing above the high signals a bullish breakout; a candle closing below the low signals a bearish breakout.
- Institutional Memory: By extending this zone forward for 4 days, traders can identify where "old" 18:00 levels act as support or resistance in the future.
- Execution: Traders often wait for a breakout followed by a "retest" of the box boundary to enter a high-probability trade.
ORB Fusion🎯 CORE INNOVATION: INSTITUTIONAL ORB FRAMEWORK WITH FAILED BREAKOUT INTELLIGENCE
ORB Fusion represents a complete institutional-grade Opening Range Breakout system combining classic Market Profile concepts (Initial Balance, day type classification) with modern algorithmic breakout detection, failed breakout reversal logic, and comprehensive statistical tracking. Rather than simply drawing lines at opening range extremes, this system implements the full trading methodology used by professional floor traders and market makers—including the critical concept that failed breakouts are often higher-probability setups than successful breakouts .
The Opening Range Hypothesis:
The first 30-60 minutes of trading establishes the day's value area —the price range where the majority of participants agree on fair value. This range is formed during peak information flow (overnight news digestion, gap reactions, early institutional positioning). Breakouts from this range signal directional conviction; failures to hold breakouts signal trapped participants and create exploitable reversals.
Why Opening Range Matters:
1. Information Aggregation : Opening range reflects overnight news, pre-market sentiment, and early institutional orders. It's the market's initial "consensus" on value.
2. Liquidity Concentration : Stop losses cluster just outside opening range. Breakouts trigger these stops, creating momentum. Failed breakouts trap traders, forcing reversals.
3. Statistical Persistence : Markets exhibit range expansion tendency —when price accepts above/below opening range with volume, it often extends 1.0-2.0x the opening range size before mean reversion.
4. Institutional Behavior : Large players (market makers, institutions) use opening range as reference for the day's trading plan. They fade extremes in rotation days and follow breakouts in trend days.
Historical Context:
Opening Range Breakout methodology originated in commodity futures pits (1970s-80s) where floor traders noticed consistent patterns: the first 30-60 minutes established a "fair value zone," and directional moves occurred when this zone was violated with conviction. J. Peter Steidlmayer formalized this observation in Market Profile theory, introducing the "Initial Balance" concept—the first hour (two 30-minute periods) defining market structure.
📊 OPENING RANGE CONSTRUCTION
Four ORB Timeframe Options:
1. 5-Minute ORB (0930-0935 ET):
Captures immediate market direction during "opening drive"—the explosive first few minutes when overnight orders hit the tape.
Use Case:
• Scalping strategies
• High-frequency breakout trading
• Extremely liquid instruments (ES, NQ, SPY)
Characteristics:
• Very tight range (often 0.2-0.5% of price)
• Early breakouts common (7 of 10 days break within first hour)
• Higher false breakout rate (50-60%)
• Requires sub-minute chart monitoring
Psychology: Captures panic buyers/sellers reacting to overnight news. Range is small because sample size is minimal—only 5 minutes of price discovery. Early breakouts often fail because they're driven by retail FOMO rather than institutional conviction.
2. 15-Minute ORB (0930-0945 ET):
Balances responsiveness with statistical validity. Captures opening drive plus initial reaction to that drive.
Use Case:
• Day trading strategies
• Balanced scalping/swing hybrid
• Most liquid instruments
Characteristics:
• Moderate range (0.4-0.8% of price typically)
• Breakout rate ~60% of days
• False breakout rate ~40-45%
• Good balance of opportunity and reliability
Psychology: Includes opening panic AND the first retest/consolidation. Sophisticated traders (institutions, algos) start expressing directional bias. This is the "Goldilocks" timeframe—not too reactive, not too slow.
3. 30-Minute ORB (0930-1000 ET):
Classic ORB timeframe. Default for most professional implementations.
Use Case:
• Standard intraday trading
• Position sizing for full-day trades
• All liquid instruments (equities, indices, futures)
Characteristics:
• Substantial range (0.6-1.2% of price)
• Breakout rate ~55% of days
• False breakout rate ~35-40%
• Statistical sweet spot for extensions
Psychology: Full opening auction + first institutional repositioning complete. By 10:00 AM ET, headlines are digested, early stops are hit, and "real" directional players reveal themselves. This is when institutional programs typically finish their opening positioning.
Statistical Advantage: 30-minute ORB shows highest correlation with daily range. When price breaks and holds outside 30m ORB, probability of reaching 1.0x extension (doubling the opening range) exceeds 60% historically.
4. 60-Minute ORB (0930-1030 ET) - Initial Balance:
Steidlmayer's "Initial Balance"—the foundation of Market Profile theory.
Use Case:
• Swing trading entries
• Day type classification
• Low-frequency institutional setups
Characteristics:
• Wide range (0.8-1.5% of price)
• Breakout rate ~45% of days
• False breakout rate ~25-30% (lowest)
• Best for trend day identification
Psychology: Full first hour captures A-period (0930-1000) and B-period (1000-1030). By 10:30 AM ET, all early positioning is complete. Market has "voted" on value. Subsequent price action confirms (trend day) or rejects (rotation day) this value assessment.
Initial Balance Theory:
IB represents the market's accepted value area . When price extends significantly beyond IB (>1.5x IB range), it signals a Trend Day —strong directional conviction. When price remains within 1.0x IB, it signals a Rotation Day —mean reversion environment. This classification completely changes trading strategy.
🔬 LTF PRECISION TECHNOLOGY
The Chart Timeframe Problem:
Traditional ORB indicators calculate range using the chart's current timeframe. This creates critical inaccuracies:
Example:
• You're on a 5-minute chart
• ORB period is 30 minutes (0930-1000 ET)
• Indicator sees only 6 bars (30min ÷ 5min/bar = 6 bars)
• If any 5-minute bar has extreme wick, entire ORB is distorted
The Problem Amplifies:
• On 15-minute chart with 30-minute ORB: Only 2 bars sampled
• On 30-minute chart with 30-minute ORB: Only 1 bar sampled
• Opening spike or single large wick defines entire range (invalid)
Solution: Lower Timeframe (LTF) Precision:
ORB Fusion uses `request.security_lower_tf()` to sample 1-minute bars regardless of chart timeframe:
```
For 30-minute ORB on 15-minute chart:
- Traditional method: Uses 2 bars (15min × 2 = 30min)
- LTF Precision: Requests thirty 1-minute bars, calculates true high/low
```
Why This Matters:
Scenario: ES futures, 15-minute chart, 30-minute ORB
• Traditional ORB: High = 5850.00, Low = 5842.00 (range = 8 points)
• LTF Precision ORB: High = 5848.50, Low = 5843.25 (range = 5.25 points)
Difference: 2.75 points distortion from single 15-minute wick hitting 5850.00 at 9:31 AM then immediately reversing. LTF precision filters this out by seeing it was a fleeting wick, not a sustained high.
Impact on Extensions:
With inflated range (8 points vs 5.25 points):
• 1.5x extension projects +12 points instead of +7.875 points
• Difference: 4.125 points (nearly $200 per ES contract)
• Breakout signals trigger late; extension targets unreachable
Implementation:
```pinescript
getLtfHighLow() =>
float ha = request.security_lower_tf(syminfo.tickerid, "1", high)
float la = request.security_lower_tf(syminfo.tickerid, "1", low)
```
Function returns arrays of 1-minute high/low values, then finds true maximum and minimum across all samples.
When LTF Precision Activates:
Only when chart timeframe exceeds ORB session window:
• 5-minute chart + 30-minute ORB: LTF used (chart TF > session bars needed)
• 1-minute chart + 30-minute ORB: LTF not needed (direct sampling sufficient)
Recommendation: Always enable LTF Precision unless you're on 1-minute charts. The computational overhead is negligible, and accuracy improvement is substantial.
⚖️ INITIAL BALANCE (IB) FRAMEWORK
Steidlmayer's Market Profile Innovation:
J. Peter Steidlmayer developed Market Profile in the 1980s for the Chicago Board of Trade. His key insight: market structure is best understood through time-at-price (value area) rather than just price-over-time (traditional charts).
Initial Balance Definition:
IB is the price range established during the first hour of trading, subdivided into:
• A-Period : First 30 minutes (0930-1000 ET for US equities)
• B-Period : Second 30 minutes (1000-1030 ET)
A-Period vs B-Period Comparison:
The relationship between A and B periods forecasts the day:
B-Period Expansion (Bullish):
• B-period high > A-period high
• B-period low ≥ A-period low
• Interpretation: Buyers stepping in after opening assessed
• Implication: Bullish continuation likely
• Strategy: Buy pullbacks to A-period high (now support)
B-Period Expansion (Bearish):
• B-period low < A-period low
• B-period high ≤ A-period high
• Interpretation: Sellers stepping in after opening assessed
• Implication: Bearish continuation likely
• Strategy: Sell rallies to A-period low (now resistance)
B-Period Contraction:
• B-period stays within A-period range
• Interpretation: Market indecisive, digesting A-period information
• Implication: Rotation day likely, stay range-bound
• Strategy: Fade extremes, sell high/buy low within IB
IB Extensions:
Professional traders use IB as a ruler to project price targets:
Extension Levels:
• 0.5x IB : Initial probe outside value (minor target)
• 1.0x IB : Full extension (major target for normal days)
• 1.5x IB : Trend day threshold (classifies as trending)
• 2.0x IB : Strong trend day (rare, ~10-15% of days)
Calculation:
```
IB Range = IB High - IB Low
Bull Extension 1.0x = IB High + (IB Range × 1.0)
Bear Extension 1.0x = IB Low - (IB Range × 1.0)
```
Example:
ES futures:
• IB High: 5850.00
• IB Low: 5842.00
• IB Range: 8.00 points
Extensions:
• 1.0x Bull Target: 5850 + 8 = 5858.00
• 1.5x Bull Target: 5850 + 12 = 5862.00
• 2.0x Bull Target: 5850 + 16 = 5866.00
If price reaches 5862.00 (1.5x), day is classified as Trend Day —strategy shifts from mean reversion to trend following.
📈 DAY TYPE CLASSIFICATION SYSTEM
Four Day Types (Market Profile Framework):
1. TREND DAY:
Definition: Price extends ≥1.5x IB range in one direction and stays there.
Characteristics:
• Opens and never returns to IB
• Persistent directional movement
• Volume increases as day progresses (conviction building)
• News-driven or strong institutional flow
Frequency: ~20-25% of trading days
Trading Strategy:
• DO: Follow the trend, trail stops, let winners run
• DON'T: Fade extremes, take early profits
• Key: Add to position on pullbacks to previous extension level
• Risk: Getting chopped in false trend (see Failed Breakout section)
Example: FOMC decision, payroll report, earnings surprise—anything creating one-sided conviction.
2. NORMAL DAY:
Definition: Price extends 0.5-1.5x IB, tests both sides, returns to IB.
Characteristics:
• Two-sided trading
• Extensions occur but don't persist
• Volume balanced throughout day
• Most common day type
Frequency: ~45-50% of trading days
Trading Strategy:
• DO: Take profits at extension levels, expect reversals
• DON'T: Hold for massive moves
• Key: Treat each extension as a profit-taking opportunity
• Risk: Holding too long when momentum shifts
Example: Typical day with no major catalysts—market balancing supply and demand.
3. ROTATION DAY:
Definition: Price stays within IB all day, rotating between high and low.
Characteristics:
• Never accepts outside IB
• Multiple tests of IB high/low
• Decreasing volume (no conviction)
• Classic range-bound action
Frequency: ~25-30% of trading days
Trading Strategy:
• DO: Fade extremes (sell IB high, buy IB low)
• DON'T: Chase breakouts
• Key: Enter at extremes with tight stops just outside IB
• Risk: Breakout finally occurs after multiple failures
Example: [/b> Pre-holiday trading, summer doldrums, consolidation after big move.
4. DEVELOPING:
Definition: Day type not yet determined (early in session).
Usage: Classification before 12:00 PM ET when IB extension pattern unclear.
ORB Fusion's Classification Algorithm:
```pinescript
if close > ibHigh:
ibExtension = (close - ibHigh) / ibRange
direction = "BULLISH"
else if close < ibLow:
ibExtension = (ibLow - close) / ibRange
direction = "BEARISH"
if ibExtension >= 1.5:
dayType = "TREND DAY"
else if ibExtension >= 0.5:
dayType = "NORMAL DAY"
else if close within IB:
dayType = "ROTATION DAY"
```
Why Classification Matters:
Same setup (bullish ORB breakout) has opposite implications:
• Trend Day : Hold for 2.0x extension, trail stops aggressively
• Normal Day : Take profits at 1.0x extension, watch for reversal
• Rotation Day : Fade the breakout immediately (likely false)
Knowing day type prevents catastrophic errors like fading a trend day or holding through rotation.
🚀 BREAKOUT DETECTION & CONFIRMATION
Three Confirmation Methods:
1. Close Beyond Level (Recommended):
Logic: Candle must close above ORB high (bull) or below ORB low (bear).
Why:
• Filters out wicks (temporary liquidity grabs)
• Ensures sustained acceptance above/below range
• Reduces false breakout rate by ~20-30%
Example:
• ORB High: 5850.00
• Bar high touches 5850.50 (wick above)
• Bar closes at 5848.00 (inside range)
• Result: NO breakout signal
vs.
• Bar high touches 5850.50
• Bar closes at 5851.00 (outside range)
• Result: BREAKOUT signal confirmed
Trade-off: Slightly delayed entry (wait for close) but much higher reliability.
2. Wick Beyond Level:
Logic: [/b> Any touch of ORB high/low triggers breakout.
Why:
• Earliest possible entry
• Captures aggressive momentum moves
Risk:
• High false breakout rate (60-70%)
• Stop runs trigger signals
• Requires very tight stops (difficult to manage)
Use Case: Scalping with 1-2 point profit targets where any penetration = trade.
3. Body Beyond Level:
Logic: [/b> Candle body (close vs open) must be entirely outside range.
Why:
• Strictest confirmation
• Ensures directional conviction (not just momentum)
• Lowest false breakout rate
Example: Trade-off: [/b> Very conservative—misses some valid breakouts but rarely triggers on false ones.
Volume Confirmation Layer:
All confirmation methods can require volume validation:
Volume Multiplier Logic: Rationale: [/b> True breakouts are driven by institutional activity (large size). Volume spike confirms real conviction vs. stop-run manipulation.
Statistical Impact: [/b>
• Breakouts with volume confirmation: ~65% success rate
• Breakouts without volume: ~45% success rate
• Difference: 20 percentage points edge
Implementation Note: [/b>
Volume confirmation adds complexity—you'll miss breakouts that work but lack volume. However, when targeting 1.5x+ extensions (ambitious goals), volume confirmation becomes critical because those moves require sustained institutional participation.
Recommended Settings by Strategy: [/b>
Scalping (1-2 point targets): [/b>
• Method: Close
• Volume: OFF
• Rationale: Quick in/out doesn't need perfection
Intraday Swing (5-10 point targets): [/b>
• Method: Close
• Volume: ON (1.5x multiplier)
• Rationale: Balance reliability and opportunity
Position Trading (full-day holds): [/b>
• Method: Body
• Volume: ON (2.0x multiplier)
• Rationale: Must be certain—large stops require high win rate
🔥 FAILED BREAKOUT SYSTEM
The Core Insight: [/b>
Failed breakouts are often more profitable [/b> than successful breakouts because they create trapped traders with predictable behavior.
Failed Breakout Definition: [/b>
A breakout that:
1. Initially penetrates ORB level with confirmation
2. Attracts participants (volume spike, momentum)
3. Fails to extend (stalls or immediately reverses)
4. Returns inside ORB range within N bars
Psychology of Failure: [/b>
When breakout fails:
• Breakout buyers are trapped [/b>: Bought at ORB high, now underwater
• Early longs reduce: Take profit, fearful of reversal
• Shorts smell blood: See failed breakout as reversal signal
• Result: Cascade of selling as trapped bulls exit + new shorts enter
Mirror image for failed bearish breakouts (trapped shorts cover + new longs enter).
Failure Detection Parameters: [/b>
1. Failure Confirmation Bars (default: 3): [/b>
How many bars after breakout to confirm failure?
Logic: Settings: [/b>
• 2 bars: Aggressive failure detection (more signals, more false failures)
• 3 bars Balanced (default)
• 5-10 bars: Conservative (wait for clear reversal)
Why This Matters:
Too few bars: You call "failed breakout" when price is just consolidating before next leg.
Too many bars: You miss the reversal entry (price already back in range).
2. Failure Buffer (default: 0.1 ATR): [/b>
How far inside ORB must price return to confirm failure?
Formula: Why Buffer Matters: clear rejection [/b> (not just hovering at level).
Settings: [/b>
• 0.0 ATR: No buffer, immediate failure signal
• 0.1 ATR: Small buffer (default) - filters noise
• [b>0.2-0.3 ATR: Large buffer - only dramatic failures count
Example: Reversal Entry System: [/b>
When failure confirmed, system generates complete reversal trade:
For Failed Bull Breakout (Short Reversal): [/b>
Entry: [/b> Current close when failure confirmed
Stop Loss: [/b> Extreme high since breakout + 0.10 ATR padding
Target 1: [/b> ORB High - (ORB Range × 0.5)
Target 2: Target 3: [/b> ORB High - (ORB Range × 1.5)
Example:
• ORB High: 5850, ORB Low: 5842, Range: 8 points
• Breakout to 5853, fails, reverses to 5848 (entry)
• Stop: 5853 + 1 = 5854 (6 point risk)
• T1: 5850 - 4 = 5846 (-2 points, 1:3 R:R)
• T2: 5850 - 8 = 5842 (-6 points, 1:1 R:R)
• T3: 5850 - 12 = 5838 (-10 points, 1.67:1 R:R)
[b>Why These Targets? [/b>
• T1 (0.5x ORB below high): Trapped bulls start panic
• T2 (1.0x ORB = ORB Mid): Major retracement, momentum fully reversed
• T3 (1.5x ORB): Reversal extended, now targeting opposite side
Historical Performance: [/b>
Failed breakout reversals in ORB Fusion's tracking system show:
• Win Rate: 65-75% (significantly higher than initial breakouts)
• Average Winner: 1.2x ORB range
• Average Loser: 0.5x ORB range (protected by stop at extreme)
• Expectancy: Strongly positive even with <70% win rate
Why Failed Breakouts Outperform: [/b>
1. Information Advantage: You now know what price did (failed to extend). Initial breakout trades are speculative; reversal trades are reactive to confirmed failure.
2. Trapped Participant Pressure: Every trapped bull becomes a seller. This creates sustained pressure.
3. Stop Loss Clarity: Extreme high is obvious stop (just beyond recent high). Breakout trades have ambiguous stops (ORB mid? Recent low? Too wide or too tight).
4. Mean Reversion Edge: Failed breakouts return to value (ORB mid). Initial breakouts try to escape value (harder to sustain).
Critical Insight: [/b>
"The best trade is often the one that trapped everyone else."
Failed breakouts create asymmetric opportunity because you're trading against [/b> trapped participants rather than with [/b> them. When you see a failed breakout signal, you're seeing real-time evidence that the market rejected directional conviction—that's exploitable.
📐 FIBONACCI EXTENSION SYSTEM
Six Extension Levels: [/b>
Extensions project how far price will travel after ORB breakout. Based on Fibonacci ratios + empirical market behavior.
1. 1.272x (27.2% Extension): [/b>
Formula: [/b> ORB High/Low + (ORB Range × 0.272)
Psychology: [/b> Initial probe beyond ORB. Early momentum + trapped shorts (on bull side) covering.
Probability of Reach: [/b> ~75-80% after confirmed breakout
Trading: [/b>
• First resistance/support after breakout
• Partial profit target (take 30-50% off)
• Watch for rejection here (could signal failure in progress)
Why 1.272? [/b> Related to harmonic patterns (1.272 is √1.618). Empirically, markets often stall at 25-30% extension before deciding whether to continue or fail.
2. 1.5x (50% Extension):
Formula: [/b> ORB High/Low + (ORB Range × 0.5)
Psychology: [/b> Breakout gaining conviction. Requires sustained buying/selling (not just momentum spike).
Probability of Reach: [/b> ~60-65% after confirmed breakout
Trading: [/b>
• Major partial profit (take 50-70% off)
• Move stops to breakeven
• Trail remaining position
Why 1.5x? [/b> Classic halfway point to 2.0x. Markets often consolidate here before final push. If day type is "Normal," this is likely the high/low for the day.
3. 1.618x (Golden Ratio Extension): [/b>
Formula: [/b> ORB High/Low + (ORB Range × 0.618)
Psychology: [/b> Strong directional day. Institutional conviction + retail FOMO.
Probability of Reach: [/b> ~45-50% after confirmed breakout
Trading: [/b>
• Final partial profit (close 80-90%)
• Trail remainder with wide stop (allow breathing room)
Why 1.618? [/b> Fibonacci golden ratio. Appears consistently in market geometry. When price reaches 1.618x extension, move is "mature" and reversal risk increases.
4. 2.0x (100% Extension): [/b>
Formula: ORB High/Low + (ORB Range × 1.0)
Psychology: [/b> Trend day confirmed. Opening range completely duplicated.
Probability of Reach: [/b> ~30-35% after confirmed breakout
Trading: Why 2.0x? [/b> Psychological level—range doubled. Also corresponds to typical daily ATR in many instruments (opening range ~ 0.5 ATR, daily range ~ 1.0 ATR).
5. 2.618x (Super Extension):
Formula: [/b> ORB High/Low + (ORB Range × 1.618)
Psychology: [/b> Parabolic move. News-driven or squeeze.
Probability of Reach: [/b> ~10-15% after confirmed breakout
[b>Trading: Why 2.618? [/b> Fibonacci ratio (1.618²). Rare to reach—when it does, move is extreme. Often precedes multi-day consolidation or reversal.
6. 3.0x (Extreme Extension): [/b>
Formula: [/b> ORB High/Low + (ORB Range × 2.0)
Psychology: [/b> Market melt-up/crash. Only in extreme events.
[b>Probability of Reach: [/b> <5% after confirmed breakout
Trading: [/b>
• Close immediately if reached
• These are outlier events (black swans, flash crashes, squeeze-outs)
• Holding for more is greed—take windfall profit
Why 3.0x? [/b> Triple opening range. So rare it's statistical noise. When it happens, it's headline news.
Visual Example:
ES futures, ORB 5842-5850 (8 point range), Bullish breakout:
• ORB High : 5850.00 (entry zone)
• 1.272x : 5850 + 2.18 = 5852.18 (first resistance)
• 1.5x : 5850 + 4.00 = 5854.00 (major target)
• 1.618x : 5850 + 4.94 = 5854.94 (strong target)
• 2.0x : 5850 + 8.00 = 5858.00 (trend day)
• 2.618x : 5850 + 12.94 = 5862.94 (extreme)
• 3.0x : 5850 + 16.00 = 5866.00 (parabolic)
Profit-Taking Strategy:
Optimal scaling out at extensions:
• Breakout entry at 5850.50
• 30% off at 1.272x (5852.18) → +1.68 points
• 40% off at 1.5x (5854.00) → +3.50 points
• 20% off at 1.618x (5854.94) → +4.44 points
• 10% off at 2.0x (5858.00) → +7.50 points
[b>Average Exit: Conclusion: [/b> Scaling out at extensions produces 40% higher expectancy than holding for home runs.
📊 GAP ANALYSIS & FILL PSYCHOLOGY
[b>Gap Definition: [/b>
Price discontinuity between previous close and current open:
• Gap Up : Open > Previous Close + noise threshold (0.1 ATR)
• Gap Down : Open < Previous Close - noise threshold
Why Gaps Matter: [/b>
Gaps represent unfilled orders [/b>. When market gaps up, all limit buy orders between yesterday's close and today's open are never filled. Those buyers are "left behind." Psychology: they wait for price to return ("fill the gap") so they can enter. This creates magnetic pull [/b> toward gap level.
Gap Fill Statistics (Empirical): [/b>
• Gaps <0.5% [/b>: 85-90% fill within same day
• Gaps 0.5-1.0% [/b>: 70-75% fill within same day, 90%+ within week
• Gaps >1.0% [/b>: 50-60% fill within same day (major news often prevents fill)
Gap Fill Strategy: [/b>
Setup 1: Gap-and-Go
Gap opens, extends away from gap (doesn't fill).
• ORB confirms direction away from gap
• Trade WITH ORB breakout direction
• Expectation: Gap won't fill today (momentum too strong)
Setup 2: Gap-Fill Fade
Gap opens, but fails to extend. Price drifts back toward gap.
• ORB breakout TOWARD gap (not away)
• Trade toward gap fill level
• Target: Previous close (gap fill complete)
Setup 3: Gap-Fill Rejection
Gap fills (touches previous close) then rejects.
• ORB breakout AWAY from gap after fill
• Trade away from gap direction
• Thesis: Gap filled (orders executed), now resume original direction
[b>Example: Scenario A (Gap-and-Go):
• ORB breaks upward to $454 (away from gap)
• Trade: LONG breakout, expect continued rally
• Gap becomes support ($452)
Scenario B (Gap-Fill):
• ORB breaks downward through $452.50 (toward gap)
• Trade: SHORT toward gap fill at $450.00
• Target: $450.00 (gap filled), close position
Scenario C (Gap-Fill Rejection):
• Price drifts to $450.00 (gap filled) early in session
• ORB establishes $450-$451 after gap fill
• ORB breaks upward to $451.50
• Trade: LONG breakout (gap is filled, now resume rally)
ORB Fusion Integration: [/b>
Dashboard shows:
• Gap type (Up/Down/None)
• Gap size (percentage)
• Gap fill status (Filled ✓ / Open)
This informs setup confidence:
• ORB breakout AWAY from unfilled gap: +10% confidence (gap becomes support/resistance)
• ORB breakout TOWARD unfilled gap: -10% confidence (gap fill may override ORB)
[b>📈 VWAP & INSTITUTIONAL BIAS [/b>
[b>Volume-Weighted Average Price (VWAP): [/b>
Average price weighted by volume at each price level. Represents true "average" cost for the day.
[b>Calculation: Institutional Benchmark [/b>: Institutions (mutual funds, pension funds) use VWAP as performance benchmark. If they buy above VWAP, they underperformed; below VWAP, they outperformed.
2. [b>Algorithmic Target [/b>: Many algos are programmed to buy below VWAP and sell above VWAP to achieve "fair" execution.
3. [b>Support/Resistance [/b>: VWAP acts as dynamic support (price above) or resistance (price below).
[b>VWAP Bands (Standard Deviations): [/b>
• [b>1σ Band [/b>: VWAP ± 1 standard deviation
- Contains ~68% of volume
- Normal trading range
- Bounces common
• [b>2σ Band [/b>: VWAP ± 2 standard deviations
- Contains ~95% of volume
- Extreme extension
- Mean reversion likely
ORB + VWAP Confluence: [/b>
Highest-probability setups occur when ORB and VWAP align:
Bullish Confluence: [/b>
• ORB breakout upward (bullish signal)
• Price above VWAP (institutional buying)
• Confidence boost: +15%
Bearish Confluence: [/b>
• ORB breakout downward (bearish signal)
• Price below VWAP (institutional selling)
• Confidence boost: +15%
[b>Divergence Warning:
• ORB breakout upward BUT price below VWAP
• Conflict: Breakout says "buy," VWAP says "sell"
• Confidence penalty: -10%
• Interpretation: Retail buying but institutions not participating (lower quality breakout)
📊 MOMENTUM CONTEXT SYSTEM
[b>Innovation: Candle Coloring by Position
Rather than fixed support/resistance lines, ORB Fusion colors candles based on their [b>relationship to ORB :
[b>Three Zones: [/b>
1. Inside ORB (Blue Boxes): [/b>
[b>Calculation:
• Darker blue: Near extremes of ORB (potential breakout imminent)
• Lighter blue: Near ORB mid (consolidation)
[b>Trading: [/b> Coiled spring—await breakout.
[b>2. Above ORB (Green Boxes):
[b>Calculation: 3. Below ORB (Red Boxes):
Mirror of above ORB logic.
[b>Special Contexts: [/b>
[b>Breakout Bar (Darkest Green/Red): [/b>
The specific bar where breakout occurs gets maximum color intensity regardless of distance. This highlights the pivotal moment.
[b>Failed Breakout Bar (Orange/Warning): [/b>
When failed breakout is confirmed, that bar gets orange/warning color. Visual alert: "reversal opportunity here."
[b>Near Extension (Cyan/Magenta Tint): [/b>
When price is within 0.5 ATR of an extension level, candle gets tinted cyan (bull) or magenta (bear). Indicates "target approaching—prepare to take profit."
[b>Why Visual Context? [/b>
Traditional indicators show lines. ORB Fusion shows [b>context-aware momentum [/b>. Glance at chart:
• Lots of blue? Consolidation day (fade extremes).
• Progressive green? Trend day (follow).
• Green then orange? Failed breakout (reversal setup).
This visual language communicates market state instantly—no interpretation needed.
🎯 TRADE SETUP GENERATION & GRADING [/b>
[b>Algorithmic Setup Detection: [/b>
ORB Fusion continuously evaluates market state and generates current best trade setup with:
• Action (LONG / SHORT / FADE HIGH / FADE LOW / WAIT)
• Entry price
• Stop loss
• Three targets
• Risk:Reward ratio
• Confidence score (0-100)
• Grade (A+ to D)
[b>Setup Types: [/b>
[b>1. ORB LONG (Bullish Breakout): [/b>
[b>Trigger: [/b>
• Bullish ORB breakout confirmed
• Not failed
[b>Parameters:
• Entry: Current close
• Stop: ORB mid (protects against failure)
• T1: ORB High + 0.5x range (1.5x extension)
• T2: ORB High + 1.0x range (2.0x extension)
• T3: ORB High + 1.618x range (2.618x extension)
[b>Confidence Scoring:
[b>Trigger: [/b>
• Bearish breakout occurred
• Failed (returned inside ORB)
[b>Parameters: [/b>
• Entry: Close when failure confirmed
• Stop: Extreme low since breakout + 0.10 ATR
• T1: ORB Low + 0.5x range
• T2: ORB Low + 1.0x range (ORB mid)
• T3: ORB Low + 1.5x range
[b>Confidence Scoring:
[b>Trigger:
• Inside ORB
• Close > ORB mid (near high)
[b>Parameters: [/b>
• Entry: ORB High (limit order)
• Stop: ORB High + 0.2x range
• T1: ORB Mid
• T2: ORB Low
[b>Confidence Scoring: [/b>
Base: 40 points (lower base—range fading is lower probability than breakout/reversal)
[b>Use Case: [/b> Rotation days. Not recommended on normal/trend days.
[b>6. FADE LOW (Range Trade):
Mirror of FADE HIGH.
[b>7. WAIT:
[b>Trigger: [/b>
• ORB not complete yet OR
• No clear setup (price in no-man's-land)
[b>Action: [/b> Observe, don't trade.
[b>Confidence: [/b> 0 points
[b>Grading System:
```
Confidence → Grade
85-100 → A+
75-84 → A
65-74 → B+
55-64 → B
45-54 → C
0-44 → D
```
[b>Grade Interpretation: [/b>
• [b>A+ / A: High probability setup. Take these trades.
• [b>B+ / B [/b>: Decent setup. Trade if fits system rules.
• [b>C [/b>: Marginal setup. Only if very experienced.
• [b>D [/b>: Poor setup or no setup. Don't trade.
[b>Example Scenario: [/b>
ES futures:
• ORB: 5842-5850 (8 point range)
• Bullish breakout to 5851 confirmed
• Volume: 2.0x average (confirmed)
• VWAP: 5845 (price above VWAP ✓)
• Day type: Developing (too early, no bonus)
• Gap: None
[b>Setup: [/b>
• Action: LONG
• Entry: 5851
• Stop: 5846 (ORB mid, -5 point risk)
• T1: 5854 (+3 points, 1:0.6 R:R)
• T2: 5858 (+7 points, 1:1.4 R:R)
• T3: 5862.94 (+11.94 points, 1:2.4 R:R)
[b>Confidence: LONG with 55% confidence.
Interpretation: Solid setup, not perfect. Trade it if your system allows B-grade signals.
[b>📊 STATISTICS TRACKING & PERFORMANCE ANALYSIS [/b>
[b>Real-Time Performance Metrics: [/b>
ORB Fusion tracks comprehensive statistics over user-defined lookback (default 50 days):
[b>Breakout Performance: [/b>
• [b>Bull Breakouts: [/b> Total count, wins, losses, win rate
• [b>Bear Breakouts: [/b> Total count, wins, losses, win rate
[b>Win Definition: [/b> Breakout reaches ≥1.0x extension (doubles the opening range) before end of day.
[b>Example: [/b>
• ORB: 5842-5850 (8 points)
• Bull breakout at 5851
• Reaches 5858 (1.0x extension) by close
• Result: WIN
[b>Failed Breakout Performance: [/b>
• [b>Total Failed Breakouts [/b>: Count of breakouts that failed
• [b>Reversal Wins [/b>: Count where reversal trade reached target
• [b>Failed Reversal Win Rate [/b>: Wins / Total Failed
[b>Win Definition for Reversals: [/b>
• Failed bull → reversal short reaches ORB mid
• Failed bear → reversal long reaches ORB mid
[b>Extension Tracking: [/b>
• [b>Average Extension Reached [/b>: Mean of maximum extension achieved across all breakout days
• [b>Max Extension Overall [/b>: Largest extension ever achieved in lookback period
[b>Example: 🎨 THREE DISPLAY MODES
[b>Design Philosophy: [/b>
Not all traders need all features. Beginners want simplicity. Professionals want everything. ORB Fusion adapts.
[b>SIMPLE MODE: [/b>
[b>Shows: [/b>
• Primary ORB levels (High, Mid, Low)
• ORB box
• Breakout signals (triangles)
• Failed breakout signals (crosses)
• Basic dashboard (ORB status, breakout status, setup)
• VWAP
[b>Hides: [/b>
• Session ORBs (Asian, London, NY)
• IB levels and extensions
• ORB extensions beyond basic levels
• Gap analysis visuals
• Statistics dashboard
• Momentum candle coloring
• Narrative dashboard
[b>Use Case: [/b>
• Traders who want clean chart
• Focus on core ORB concept only
• Mobile trading (less screen space)
[b>STANDARD MODE:
[b>Shows Everything in Simple Plus: [/b>
• Session ORBs (Asian, London, NY)
• IB levels (high, low, mid)
• IB extensions
• ORB extensions (1.272x, 1.5x, 1.618x, 2.0x)
• Gap analysis and fill targets
• VWAP bands (1σ and 2σ)
• Momentum candle coloring
• Context section in dashboard
• Narrative dashboard
[b>Hides: [/b>
• Advanced extensions (2.618x, 3.0x)
• Detailed statistics dashboard
[b>Use Case: [/b>
• Most traders
• Balance between information and clarity
• Covers 90% of use cases
[b>ADVANCED MODE:
[b>Shows Everything:
• All session ORBs
• All IB levels and extensions
• All ORB extensions (including 2.618x and 3.0x)
• Full gap analysis
• VWAP with both 1σ and 2σ bands
• Momentum candle coloring
• Complete statistics dashboard
• Narrative dashboard
• All context metrics
[b>Use Case: [/b>
• Professional traders
• System developers
• Those who want maximum information density
[b>Switching Modes: [/b>
Single dropdown input: "Display Mode" → Simple / Standard / Advanced
Entire indicator adapts instantly. No need to toggle 20 individual settings.
📖 NARRATIVE DASHBOARD
[b>Innovation: Plain-English Market State [/b>
Most indicators show data. ORB Fusion explains what the data [b>means [/b>.
[b>Narrative Components: [/b>
[b>1. Phase: [/b>
• "📍 Building ORB..." (during ORB session)
• "📊 Trading Phase" (after ORB complete)
• "⏳ Pre-Market" (before ORB session)
[b>2. Status (Current Observation): [/b>
• "⚠️ Failed breakout - reversal likely"
• "🚀 Bullish momentum in play"
• "📉 Bearish momentum in play"
• "⚖️ Consolidating in range"
• "👀 Monitoring for setup"
[b>3. Next Level:
Tells you what to watch for:
• "🎯 1.5x @ 5854.00" (next extension target)
• "Watch ORB levels" (inside range, await breakout)
[b>4. Setup: [/b>
Current trade setup + grade:
• "LONG " (bullish breakout, A-grade)
• "🔥 SHORT REVERSAL " (failed bull breakout, A+-grade)
• "WAIT " (no setup)
[b>5. Reason: [/b>
Why this setup exists:
• "ORB Bullish Breakout"
• "Failed Bear Breakout - High Probability Reversal"
• "Range Fade - Near High"
[b>6. Tip (Market Insight):
Contextual advice:
• "🔥 TREND DAY - Trail stops" (day type is trending)
• "🔄 ROTATION - Fade extremes" (day type is rotating)
• "📊 Gap unfilled - magnet level" (gap creates target)
• "📈 Normal conditions" (no special context)
[b>Example Narrative:
```
📖 ORB Narrative
━━━━━━━━━━━━━━━━
Phase | 📊 Trading Phase
Status | 🚀 Bullish momentum in play
Next | 🎯 1.5x @ 5854.00
📈 Setup | LONG
Reason | ORB Bullish Breakout
💡 Tip | 🔥 TREND DAY - Trail stops
```
[b>Glance Interpretation: [/b>
"We're in trading phase. Bullish breakout happened (momentum in play). Next target is 1.5x extension at 5854. Current setup is LONG with A-grade. It's a trend day, so trail stops (don't take early profits)."
Complete market state communicated in 6 lines. No interpretation needed.
[b>Why This Matters:
Beginner traders struggle with "So what?" question. Indicators show lines and signals, but what does it mean [/b>? Narrative dashboard bridges this gap.
Professional traders benefit too—rapid context assessment during fast-moving markets. No time to analyze; glance at narrative, get action plan.
🔔 INTELLIGENT ALERT SYSTEM
[b>Four Alert Types: [/b>
[b>1. Breakout Alert: [/b>
[b>Trigger: [/b> ORB breakout confirmed (bull or bear)
[b>Message: [/b>
```
🚀 ORB BULLISH BREAKOUT
Price: 5851.00
Volume Confirmed
Grade: A
```
[b>Frequency: [/b> Once per bar (prevents spam)
[b>2. Failed Breakout Alert: [/b>
[b>Trigger: [/b> Breakout fails, reversal setup generated
[b>Message: [/b>
```
🔥 FAILED BULLISH BREAKOUT!
HIGH PROBABILITY SHORT REVERSAL
Entry: 5848.00
Stop: 5854.00
T1: 5846.00
T2: 5842.00
Historical Win Rate: 73%
```
[b>Why Comprehensive? [/b> Failed breakout alerts include complete trade plan. You can execute immediately from alert—no need to check chart.
[b>3. Extension Alert:
[b>Trigger: [/b> Price reaches extension level for first time
[b>Message: [/b>
```
🎯 Bull Extension 1.5x reached @ 5854.00
```
[b>Use: [/b> Profit-taking reminder. When extension hit, consider scaling out.
[b>4. IB Break Alert: [/b>
[b>Trigger: [/b> Price breaks above IB high or below IB low
[b>Message: [/b>
```
📊 IB HIGH BROKEN - Potential Trend Day
```
[b>Use: [/b> Day type classification. IB break suggests trend day developing—adjust strategy to trend-following mode.
[b>Alert Management: [/b>
Each alert type can be enabled/disabled independently. Prevents notification overload.
[b>Cooldown Logic: [/b>
Alerts won't fire if same alert type triggered within last bar. Prevents:
• "Breakout" alert every tick during choppy breakout
• Multiple "extension" alerts if price oscillates at level
Ensures: One clean alert per event.
⚙️ KEY PARAMETERS EXPLAINED
[b>Opening Range Settings: [/b>
• [b>ORB Timeframe [/b> (5/15/30/60 min): Duration of opening range window
- 30 min recommended for most traders
• [b>Use RTH Only [/b> (ON/OFF): Only trade during regular trading hours
- ON recommended (avoids thin overnight markets)
• [b>Use LTF Precision [/b> (ON/OFF): Sample 1-minute bars for accuracy
- ON recommended (critical for charts >1 minute)
• [b>Precision TF [/b> (1/5 min): Timeframe for LTF sampling
- 1 min recommended (most accurate)
[b>Session ORBs: [/b>
• [b>Show Asian/London/NY ORB [/b> (ON/OFF): Display multi-session ranges
- OFF in Simple mode
- ON in Standard/Advanced if trading 24hr markets
• [b>Session Windows [/b>: Time ranges for each session ORB
- Defaults align with major session opens
[b>Initial Balance: [/b>
• [b>Show IB [/b> (ON/OFF): Display Initial Balance levels
- ON recommended for day type classification
• [b>IB Session Window [/b> (0930-1030): First hour of trading
- Default is standard for US equities
• [b>Show IB Extensions [/b> (ON/OFF): Project IB extension targets
- ON recommended (identifies trend days)
• [b>IB Extensions 1-4 [/b> (0.5x, 1.0x, 1.5x, 2.0x): Extension multipliers
- Defaults are Market Profile standard
[b>ORB Extensions: [/b>
• [b>Show Extensions [/b> (ON/OFF): Project ORB extension targets
- ON recommended (defines profit targets)
• [b>Enable Individual Extensions [/b> (1.272x, 1.5x, 1.618x, 2.0x, 2.618x, 3.0x)
- Enable 1.272x, 1.5x, 1.618x, 2.0x minimum
- Disable 2.618x and 3.0x unless trading very volatile instruments
[b>Breakout Detection:
• [b>Confirmation Method [/b> (Close/Wick/Body):
- Close recommended (best balance)
- Wick for scalping
- Body for conservative
• [b>Require Volume Confirmation [/b> (ON/OFF):
- ON recommended (increases reliability)
• [b>Volume Multiplier [/b> (1.0-3.0):
- 1.5x recommended
- Lower for thin instruments
- Higher for heavy volume instruments
[b>Failed Breakout System: [/b>
• [b>Enable Failed Breakouts [/b> (ON/OFF):
- ON strongly recommended (highest edge)
• [b>Bars to Confirm Failure [/b> (2-10):
- 3 bars recommended
- 2 for aggressive (more signals, more false failures)
- 5+ for conservative (fewer signals, higher quality)
• [b>Failure Buffer [/b> (0.0-0.5 ATR):
- 0.1 ATR recommended
- Filters noise during consolidation near ORB level
• [b>Show Reversal Targets [/b> (ON/OFF):
- ON recommended (visualizes trade plan)
• [b>Reversal Target Mults [/b> (0.5x, 1.0x, 1.5x):
- Defaults are tested values
- Adjust based on average daily range
[b>Gap Analysis:
• [b>Show Gap Analysis [/b> (ON/OFF):
- ON if trading instruments that gap frequently
- OFF for 24hr markets (forex, crypto—no gaps)
• [b>Gap Fill Target [/b> (ON/OFF):
- ON to visualize previous close (gap fill level)
[b>VWAP:
• [b>Show VWAP [/b> (ON/OFF):
- ON recommended (key institutional level)
• [b>Show VWAP Bands [/b> (ON/OFF):
- ON in Standard/Advanced
- OFF in Simple
• [b>Band Multipliers (1.0σ, 2.0σ):
- Defaults are standard
- 1σ = normal range, 2σ = extreme
[b>Day Type: [/b>
• [b>Show Day Type Analysis [/b> (ON/OFF):
- ON recommended (critical for strategy adaptation)
• [b>Trend Day Threshold [/b> (1.0-2.5 IB mult):
- 1.5x recommended
- When price extends >1.5x IB, classifies as Trend Day
[b>Enhanced Visuals:
• [b>Show Momentum Candles [/b> (ON/OFF):
- ON for visual context
- OFF if chart gets too colorful
• [b>Show Gradient Zone Fills [/b> (ON/OFF):
- ON for professional look
- OFF for minimalist chart
• [b>Label Display Mode [/b> (All/Adaptive/Minimal):
- Adaptive recommended (shows nearby labels only)
- All for information density
- Minimal for clean chart
• [b>Label Proximity [/b> (1.0-5.0 ATR):
- 3.0 ATR recommended
- Labels beyond this distance are hidden (Adaptive mode)
[b>🎓 PROFESSIONAL USAGE PROTOCOL [/b>
[b>Phase 1: Learning the System (Week 1) [/b>
[b>Goal: [/b> Understand ORB concepts and dashboard interpretation
[b>Setup: [/b>
• Display Mode: STANDARD
• ORB Timeframe: 30 minutes
• Enable ALL features (IB, extensions, failed breakouts, VWAP, gap analysis)
• Enable statistics tracking
[b>Actions: [/b>
• Paper trade ONLY—no real money
• Observe ORB formation every day (9:30-10:00 AM ET for US markets)
• Note when ORB breakouts occur and if they extend
• Note when breakouts fail and reversals happen
• Watch day type classification evolve during session
• Track statistics—which setups are working?
[b>Key Learning: [/b>
• How often do breakouts reach 1.5x extension? (typically 50-60% of confirmed breakouts)
• How often do breakouts fail? (typically 30-40%)
• Which setup grade (A/B/C) actually performs best? (should see A-grade outperforming)
• What day type produces best results? (trend days favor breakouts, rotation days favor fades)
[b>Phase 2: Parameter Optimization (Week 2) [/b>
[b>Goal: [/b> Tune system to your instrument and timeframe
[b>ORB Timeframe Selection:
• Run 5 days with 15-minute ORB
• Run 5 days with 30-minute ORB
• Compare: Which captures better breakouts on your instrument?
• Typically: 30-minute optimal for most, 15-minute for very liquid (ES, SPY)
[b>Volume Confirmation Testing:
• Run 5 days WITH volume confirmation
• Run 5 days WITHOUT volume confirmation
• Compare: Does volume confirmation increase win rate?
• If win rate improves by >5%: Keep volume confirmation ON
• If no improvement: Turn OFF (avoid missing valid breakouts)
[b>Failed Breakout Bars:
[b>Goal: [/b> Develop personal trading rules based on system signals
[b>Setup Selection Rules: [/b>
Define which setups you'll trade:
• [b>Conservative: [/b> Only A+ and A grades
• [b>Balanced: [/b> A+, A, B+ grades
• [b>Aggressive: [/b> All grades B and above
Test each approach for 5-10 trades, compare results.
[b>Position Sizing by Grade: [/b>
Consider risk-weighting by setup quality:
• A+ grade: 100% position size
• A grade: 75% position size
• B+ grade: 50% position size
• B grade: 25% position size
Example: If max risk is $1000/trade:
• A+ setup: Risk $1000
• A setup: Risk $750
• B+ setup: Risk $500
This matches bet sizing to edge.
[b>Day Type Adaptation: [/b>
Create rules for different day types:
Trend Days:
• Take ALL breakout signals (A/B/C grades)
• Hold for 2.0x extension minimum
• Trail stops aggressively (1.0 ATR trail)
• DON'T fade—reversals unlikely
Rotation Days:
• ONLY take failed breakout reversals
• Ignore initial breakout signals (likely to fail)
• Take profits quickly (0.5x extension)
• Focus on fade setups (Fade High/Fade Low)
Normal Days:
• Take A/A+ breakout signals only
• Take ALL failed breakout reversals (high probability)
• Target 1.0-1.5x extensions
• Partial profit-taking at extensions
Time-of-Day Rules: [/b>
Breakouts at different times have different probabilities:
10:00-10:30 AM (Early Breakout):
• ORB just completed
• Fresh breakout
• Probability: Moderate (50-55% reach 1.0x)
• Strategy: Conservative position sizing
10:30-12:00 PM (Mid-Morning):
• Momentum established
• Volume still healthy
• Probability: High (60-65% reach 1.0x)
• Strategy: Standard position sizing
12:00-2:00 PM (Lunch Doldrums):
• Volume dries up
• Whipsaw risk increases
• Probability: Low (40-45% reach 1.0x)
• Strategy: Avoid new entries OR reduce size 50%
2:00-4:00 PM (Afternoon Session):
• Late-day positioning
• EOD squeezes possible
• Probability: Moderate-High (55-60%)
• Strategy: Watch for IB break—if trending all day, follow
[b>Phase 4: Live Micro-Sizing (Month 2) [/b>
[b>Goal: [/b> Validate paper trading results with minimal risk
[b>Setup: [/b>
• 10-20% of intended full position size
• Take ONLY A+ and A grade setups
• Follow stop loss and targets religiously
[b>Execution: [/b>
• Execute from alerts OR from dashboard setup box
• Entry: Close of signal bar OR next bar market order
• Stop: Use exact stop from setup (don't widen)
• Targets: Scale out at T1/T2/T3 as indicated
[b>Tracking: [/b>
• Log every trade: Entry, Exit, Grade, Outcome, Day Type
• Calculate: Win rate, Average R-multiple, Max consecutive losses
• Compare to paper trading results (should be within 15%)
[b>Red Flags: [/b>
• Win rate <45%: System not suitable for this instrument/timeframe
• Major divergence from paper trading: Execution issues (slippage, late entries, emotional exits)
• Max consecutive losses >8: Hitting rough patch OR market regime changed
[b>Phase 5: Scaling Up (Months 3-6)
[b>Goal: [/b> Gradually increase to full position size
[b>Progression: [/b>
• Month 3: 25-40% size (if micro-sizing profitable)
• Month 4: 40-60% size
• Month 5: 60-80% size
• Month 6: 80-100% size
[b>Milestones Required to Scale Up: [/b>
• Minimum 30 trades at current size
• Win rate ≥48%
• Profit factor ≥1.2
• Max drawdown <20%
• Emotional control (no revenge trading, no FOMO)
[b>Advanced Techniques:
[b>Multi-Timeframe ORB: Assumes first 30-60 minutes establish value. Violation: Market opens after major news, price discovery continues for hours (opening range meaningless).
2. [b>Volume Indicates Conviction: ES, NQ, RTY, SPY, QQQ—high liquidity, clean ORB formation, reliable extensions
• [b>Large-Cap Stocks: AAPL, MSFT, TSLA, NVDA (>$5B market cap, >5M daily volume)
• [b>Liquid Futures: CL (crude oil), GC (gold), 6E (EUR/USD), ZB (bonds)—24hr markets benefit from session ORBs
• [b>Major Forex Pairs: [/b> EUR/USD, GBP/USD, USD/JPY—London/NY session ORBs work well
[b>Performs Poorly On: [/b>
• [b>Illiquid Stocks: <$1M daily volume, wide spreads, gappy price action
• [b>Penny Stocks: [/b> Manipulated, pump-and-dump, no real price discovery
• [b>Low-Volume ETFs: Exotic sector ETFs, leveraged products with thin volume
• [b>Crypto on Sketchy Exchanges: Wash trading, spoofing invalidates volume analysis
• [b>Earnings Days: [/b> ORB completes before earnings release, then completely resets (useless)
• Binary Event Days: FDA approvals, court rulings—discontinuous price action
[b>Known Weaknesses: [/b>
• [b>Slow Starts: ORB doesn't complete until 10:00 AM (30-min ORB). Early morning traders have no signals for 30 minutes. Consider using 15-minute ORB if this is problematic.
• [b>Failure Detection Lag: [/b> Failed breakout requires 3+ bars to confirm. By the time system signals reversal, price may have already moved significantly back inside range. Manual traders watching in real-time can enter earlier.
• [b>Extension Overshoot: [/b> System projects extensions mathematically (1.5x, 2.0x, etc.). Actual moves may stop short (1.3x) or overshoot (2.2x). Extensions are targets, not magnets.
• [b>Day Type Misclassification: [/b> Early in session, day type is "Developing." By the time it's classified definitively (often 11:00 AM+), half the day is over. Strategy adjustments happen late.
• [b>Gap Assumptions: [/b> System assumes gaps want to fill. Strong trend days never fill gaps (gap becomes support/resistance forever). Blindly trading toward gaps can backfire on trend days.
• [b>Volume Data Quality: Forex doesn't have centralized volume (uses tick volume as proxy—less reliable). Crypto volume is often fake (wash trading). Volume confirmation less effective on these instruments.
• [b>Multi-Session Complexity: [/b> When using Asian/London/NY ORBs simultaneously, chart becomes cluttered. Requires discipline to focus on relevant session for current time.
[b>Risk Factors: [/b>
• [b>Opening Gaps: Large gaps (>2%) can create distorted ORBs. Opening range might be unusually wide or narrow, making extensions unreliable.
• [b>Low Volatility Environments:[/b> When VIX <12, opening ranges can be tiny (0.2-0.3%). Extensions are equally tiny. Profit targets don't justify commission/slippage.
• [b>High Volatility Environments:[/b> When VIX >30, opening ranges are huge (2-3%+). Extensions project unrealistic targets. Failed breakouts happen faster (volatility whipsaw).
• [b>Algorithm Dominance:[/b> In heavily algorithmic markets (ES during overnight session), ORB levels can be manipulated—algos pin price to ORB high/low intentionally. Breakouts become stop-runs rather than genuine directional moves.
[b>⚠️ RISK DISCLOSURE[/b>
Trading futures, stocks, options, forex, and cryptocurrencies involves substantial risk of loss and is not suitable for all investors. Opening Range Breakout strategies, while based on sound market structure principles, do not guarantee profits and can result in significant losses.
The ORB Fusion indicator implements professional trading concepts including Opening Range theory, Market Profile Initial Balance analysis, Fibonacci extensions, and failed breakout reversal logic. These methodologies have theoretical foundations but past performance—whether backtested or live—is not indicative of future results.
Opening Range theory assumes the first 30-60 minutes of trading establish a meaningful value area and that breakouts from this range signal directional conviction. This assumption may not hold during:
• Major news events (FOMC, NFP, earnings surprises)
• Market structure changes (circuit breakers, trading halts)
• Low liquidity periods (holidays, early closures)
• Algorithmic manipulation or spoofing
Failed breakout detection relies on patterns of trapped participant behavior. While historically these patterns have shown statistical edges, market conditions change. Institutional algorithms, changing market structure, or regime shifts can reduce or eliminate edges that existed historically.
Initial Balance classification (trend day vs rotation day vs normal day) is a heuristic framework, not a deterministic prediction. Day type can change mid-session. Early classification may prove incorrect as the day develops.
Extension projections (1.272x, 1.5x, 1.618x, 2.0x, etc.) are probabilistic targets derived from Fibonacci ratios and empirical market behavior. They are not "support and resistance levels" that price must reach or respect. Markets can stop short of extensions, overshoot them, or ignore them entirely.
Volume confirmation assumes high volume indicates institutional participation and conviction. In algorithmic markets, volume can be artificially high (HFT activity) or artificially low (dark pools, internalization). Volume is a proxy, not a guarantee of conviction.
LTF precision sampling improves ORB accuracy by using 1-minute bars but introduces additional data dependencies. If 1-minute data is unavailable, inaccurate, or delayed, ORB calculations will be incorrect.
The grading system (A+/A/B+/B/C/D) and confidence scores aggregate multiple factors (volume, VWAP, day type, IB expansion, gap context) into a single assessment. This is a mechanical calculation, not artificial intelligence. The system cannot adapt to unprecedented market conditions or events outside its programmed logic.
Real trading involves slippage, commissions, latency, partial fills, and rejected orders not present in indicator calculations. ORB Fusion generates signals at bar close; actual fills occur with delay. Opening range forms during highest volatility (first 30 minutes)—spreads widen, slippage increases. Execution quality significantly impacts realized results.
Statistics tracking (win rates, extension levels reached, day type distribution) is based on historical bars in your lookback window. If lookback is small (<50 bars) or market regime changed, statistics may not represent future probabilities.
Users must independently validate system performance on their specific instruments, timeframes, and broker execution environment. Paper trade extensively (100+ trades minimum) before risking capital. Start with micro position sizing (5-10% of intended size) for 50+ trades to validate execution quality matches expectations.
Never risk more than you can afford to lose completely. Use proper position sizing (0.5-2% risk per trade maximum). Implement stop losses on every single trade without exception. Understand that most retail traders lose money—sophisticated indicators do not change this fundamental reality. They systematize analysis but cannot eliminate risk.
The developer makes no warranties regarding profitability, suitability, accuracy, reliability, or fitness for any purpose. Users assume full responsibility for all trading decisions, parameter selections, risk management, and outcomes.
By using this indicator, you acknowledge that you have read, understood, and accepted these risk disclosures and limitations, and you accept full responsibility for all trading activity and potential losses.
[b>═══════════════════════════════════════════════════════════════════════════════[/b>
[b>CLOSING STATEMENT[/b>
[b>═══════════════════════════════════════════════════════════════════════════════[/b>
Opening Range Breakout is not a trick. It's a framework. The first 30-60 minutes reveal where participants believe value lies. Breakouts signal directional conviction. Failures signal trapped participants. Extensions define profit targets. Day types dictate strategy. Failed breakouts create the highest-probability reversals.
ORB Fusion doesn't predict the future—it identifies [b>structure[/b>, detects [b>breakouts[/b>, recognizes [b>failures[/b>, and generates [b>probabilistic trade plans[/b> with defined risk and reward.
The edge is not in the opening range itself. The edge is in recognizing when the market respects structure (follow breakouts) versus when it violates structure (fade breakouts). The edge is in detecting failures faster than discretionary traders. The edge is in systematic classification that prevents catastrophic errors—like fading a trend day or holding through rotation.
Most indicators draw lines. ORB Fusion implements a complete institutional trading methodology: Opening Range theory, Market Profile classification, failed breakout intelligence, Fibonacci projections, volume confirmation, gap psychology, and real-time performance tracking.
Whether you're a beginner learning market structure or a professional seeking systematic ORB implementation, this system provides the framework.
"The market's first word is its opening range. Everything after is commentary." — ORB Fusion
Simple Gap IndicatorTitle: Simple Gap Indicator
Description: This is a utility script designed to automate the tracking and management of price gaps (also known as "Windows") on the chart. Unlike static drawings, this indicator dynamically monitors open gaps and automatically "closes" them (stops drawing) once price has filled the area, keeping your chart clean and focused on active levels only.
Why Use This Tool? Traders often mark gaps manually, but charts quickly become cluttered with old, invalid levels. This script solves that problem by using an array-based management system to track every open gap in real-time and remove it the moment it is invalidated by price action.
Technical Methodology:
Gap Detection: The script identifies "Full Gaps" where the Low of the current candle is higher than the High of the previous candle (Bullish), or vice versa (Bearish). This indicates a total disconnect in price delivery.
Dynamic Filtering:
ATR Filter: Users can filter out insignificant "noise" gaps by setting a minimum size threshold based on the Average True Range (ATR).
Time Filter: Option to restrict gap detection to specific session hours (e.g., ignoring overnight gaps on 24h charts).
Auto-Closure: The script loops through all active gaps on every new bar. If the current price wick touches an open gap, the box is visually terminated at that specific bar index and removed from the tracking array.
Visuals:
Green Box: Bullish Gap (Support Zone).
Red Box: Bearish Gap (Resistance Zone).
Labels: Optional text displaying the precise Top/Bottom price coordinates of the gap.
How to Use:
Enable "Auto-Close Gap on Retest" to keep your chart clean.
Use the ATR Filter if you are getting too many signals on lower timeframes (e.g., set to 0.5x ATR).
Set alerts for "New Gap" or "Gap Filled" to automate your workflow.
Credits: Calculations based on standard Gap/Window price action theory. Array management logic custom-coded for Pine Script v6.
ORB + FVG A+ PRO (All-in-One) [QQQ]Configurable ORB + FVG + filters (VIX, ORB range, relative volume) + A+ PRO (retest at the FVG edge + rejection) + anti-fakeout + orange reminder “CONFIRM POC/HVN (Volume Profile)” right when the A+ signal appears
Combined Signal + Auto Day Plan + Volume📘 TradingView Description — Combined Signal + Auto Day Plan + Volume
Strategy Overview
This strategy combines trend-following signals, daily context levels, and volume confirmation to generate high-probability intraday trading setups.
It is designed to filter noise, identify trend direction early, and avoid trades during low-quality market conditions.
🔷 1. Combined Signal Logic
The strategy merges multiple indicators to produce a single, cleaner signal:
Long Signal
Trend bias is bullish
Momentum histogram (MACD/Custom) shows upward pressure
Price crosses above the midline (WMA/EMA/etc.)
Volume supports the move
Short Signal
Trend bias is bearish
Momentum histogram shows downward pressure
Price crosses below the midline
Volume supports the move
This reduces false breakouts and ensures signals appear only during strong directional moves.
🔶 2. Auto Day Plan Levels (D-1 → D)
The script automatically reads previous day levels and displays them on today’s session:
Previous Day High (PDH)
Previous Day Low (PDL)
Previous Day Close (PDC)
Previous Day Mid / Range Zones
Optional FIB levels or custom zones
These levels act as intraday support/resistance, helping identify breakout, reversal, and retest opportunities.
Behavior:
D-1 levels are plotted from today’s open until today’s close.
Levels do not overlap into the wrong day.
Optional: extend lines to next day (D+1) for planning.
🔷 3. Volume Confirmation
To improve entry accuracy, the script checks for strength in volume:
Volume > X-period average
Volume spike detection
Relative Volume (RVOL) filter
Optional low-volume avoidance
A trade is taken only when the market shows real participation, reducing traps and sideways chop trades.
🔶 4. Entry & Exit Logic
Entry
Long Entry: Combined bull signal + volume confirmation
Short Entry: Combined bear signal + volume confirmation
Exit
Long Exit → Histogram turns down (hist < hist )
Short Exit → Histogram turns up (hist > hist )
Optional:
Auto SL at PDL/PDH
Trailing based on midline
Take profit using FIB or volatility levels
💠 5. Visuals
The chart plots:
Buy/Sell markers
D-1 support/resistance lines
Trend direction midline
Volume confirmation label
Combined signal status
Colors and styles can be customized from the input panel.
🎯 6. Purpose of the Strategy
This is a complete intraday automation tool combining:
✔ Trend
✔ Momentum
✔ Volume strength
✔ Key day levels
The goal is to provide structured, mechanical, rule-based trading — reducing emotional decisions and improving consistency.
USOIL BOS Retest Overlay (HTF + Blocks + Profit Zone + Lot Size)This is a test overlay that should show entry positions and lot sizes to take based on R20 000 account. This was made purely for USOIL
ORB + FVG + PDH/PDL ORB + FVG + PDH/PDL is an all-in-one day-trading overlay that plots:
Opening Range (ORB) high/low with optional box and extension
Fair Value Gaps (FVG) with optional “unmitigated” levels + mitigation lines
Previous Day High/Low history (PDH/PDL) drawn as one-day segments (yesterday’s levels plotted across today’s session only)
Includes presets (ORB only / FVG only / Both) and optional alerts for ORB touches, ORB break + retest, FVG entry, and PDH/PDL touches.
Scalping EMA9/15 This indicator is designed for high-accuracy intraday scalping based on a refined version of the popular EMA9–EMA15 trend-following technique.
It filters weak or premature entries by requiring a retest of the EMA zone before generating a Buy/Sell signal — drastically reducing false breakouts.
CHOCH & Liquidity Sweep Detectorso think of this one as an upgraded version from the previous liquidity sweep and reversal indicator i shared. This one:
Identifies when price wicks above a swing high then closes below it (bearish sweep 💧)
Identifies when price wicks below a swing low then closes above it (bullish sweep 💧)
Orange labels mark the sweeps with dashed lines showing the liquidity level
CHOCH (Change of Character) Detection
After a liquidity sweep, it watches for structure breaks
Bearish CHOCH: After bullish sweep, price breaks below previous structure low (🔴 SHORT setup)
Bullish CHOCH: After bearish sweep, price breaks above previous structure high (🟢 LONG setup)
Market Structure Tracking
Shows current structure highs/lows with dotted lines
Tracks whether market is in bullish, bearish, or neutral trend
Dashboard (bottom-right)
Shows current trend direction
Liquidity sweep status
CHOCH confirmation
Setup Ready alert when both conditions align
Clear action recommendation
How to use with tf alignment indicator:
Apply both indicators to your 1hr/4hr chart
Wait for alignment (Daily/Weekly/Monthly all bearish or bullish)
Look for liquidity sweep (💧 label appears)
Wait for CHOCH (big red/green label with "CHOCH")
Enter on retest of the broken structure level
Opening Range ICT 3-Bar FVG + Engulfing Signals (Overlay)Beta testing
open range break out and retest of FVG.
Still working on making it accurate so bear with me
52 Week High LowPurpose
This indicator plots the rolling **52-week high and low price levels** to highlight long-term breakout zones, major support/resistance bands, and trend structure used by position and swing traders.
## How It Works
The script dynamically calculates:
- The highest high over the last ~260 trading sessions (52-week high)
- The lowest low over the last ~260 trading sessions (52-week low)
- Visual bands that update in real time as price evolves
## Best Timeframe
Optimized for **daily charts** to reflect true yearly price ranges.
Can be adapted to other timeframes using the bar-count inputs.
## Trading Applications
✅ Breakout confirmation tool
✅ Long-term trend validation
✅ Relative strength filter alignment
✅ RRG and momentum cross-checks
✅ Swing trade zone identification
## How To Use
1. Apply to daily charts.
2. Track price interaction with the 52-week bands.
3. Look for:
- Breakouts above the high band for trend continuation
- Pullbacks toward the high band for retest entries
- Rejections at the low band as breakdown confirmation
⚠️ This indicator maps key price structure — it does **not predict directional outcomes**.
Always combine with volume or momentum confirmation.
---
## Mathematical Basis
Rolling extreme calculations based on:
- **Highest high over N bars**
- **Lowest low over N bars**
N defaults to **52 weeks × 5 sessions = 260 bars** for daily charts.
---
Developed for professional retail traders seeking institutional-grade structural tools.
Crypto Anchored VWAP (Swing High/Low)Crypto Anchored VWAP (Swing High/Low)
This indicator provides an automatic Anchored VWAP system designed specifically for highly volatile assets such as cryptocurrencies (ETH, BTC, SOL, etc.).
Unlike traditional AVWAP tools that require manual date input, this script automatically anchors VWAP to the most recent swing high and swing low, making it ideal for real-time trend tracking and intraday/4H structure analysis.
How It Works
The script detects local swing lows and swing highs based on user-defined swing length.
When a new swing point appears, an Anchored VWAP is initialized from that specific candle.
As price evolves, the AVWAP dynamically becomes:
A trend boundary
A fair-value line
A mean-reversion attractor
Traders can use these levels to identify:
Trend continuation
Breakout confirmation
Mean reversion pullbacks
Overextended expansions
Included Features
✔ Auto-Anchored VWAP from swing low
✔ Auto-Anchored VWAP from swing high
✔ Standard deviation bands (1σ) for volatility context
✔ Designed for Crypto 4H / 1H / 15m
✔ Works on any asset & any timeframe
How To Use
1. Trend Direction
Price above Swing-Low VWAP → Bullish bias
Price below Swing-High VWAP → Bearish bias
2. Trade Setups
Break → Retest → Hold above AVWAP = Trend continuation long
Reject from AVWAP / σ band = Mean-reversion short setup
AVWAP zone → High probability liquidity reaction
3. Volatility Bands
Price touching +1σ = extension
Price returning to 0σ = mean reversion
Price breaking −1σ = trend weakening
Inputs
Swing Length: determines sensitivity of swing high/low detection
(Default: 5)
Best Use Cases
ETH 4H trend following
BTC structure shifts
Altcoin volatility filtering
Identifying institutional "cost basis" zones
Confirming breakouts / fakeouts
Notes
This is not a trading system by itself but a structural tool meant to help traders understand trend and value location. Always combine AVWAP with market structure, volume, and risk management.
Disclaimer
This script is for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any asset. Use at your own discretion.
