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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.* **Like this?** ⭐ Follow for more quality tools!
Pine Script® indicator
by kb1ath
CVD Divergence Detector# CVD Divergence Detector Clean, focused divergence detection using **Cumulative Volume Delta (CVD)** - one of the most reliable reversal signals in trading. ## 🎯 What It Does Identifies divergences between **price action** and **volume delta**: **🔻 Bearish Divergence**: Price makes Higher High, but CVD doesn't → Expect reversal DOWN **🔺 Bullish Divergence**: Price makes Lower Low, but CVD doesn't → Expect reversal UP ## ✨ Key Features ### Two Detection Modes **1. Confirmed Divergences** (High Accuracy) - Solid red/green lines - Labels: 🔻 Bear / 🔺 Bull - Fully confirmed pivots (9 bars default) - Win rate: ~70-80% **2. Early Warning Mode** ⚡ (Fast Signals) - Dashed yellow lines - Labels: ⚠️ Early Bear / ⚠️ Early Bull - Fires 6+ bars earlier (3 bars default) - Win rate: ~55-65% ### Smart Filtering - Minimum bars between signals (prevents spam) - Minimum CVD strength requirement (filters weak signals) - Adjustable pivot periods for any timeframe ### Four Alert Types - 🔻 Confirmed Bearish Divergence - 🔺 Confirmed Bullish Divergence - ⚠️ Early Bearish Warning - ⚠️ Early Bullish Warning ## ⚙️ Recommended Settings **15m Day Trading** (Best for most traders): ``` Pivot Left/Right: 9 Early Warning Right: 3 Min Bars Between: 40 Min CVD Diff: 5% Anchor TF: 1D ``` **5m Scalping**: ``` Pivot Left/Right: 7 Early Warning Right: 2 Min Bars Between: 60 Min CVD Diff: 5% ``` **1H Swing Trading**: ``` Pivot Left/Right: 12-14 Early Warning Right: 4-5 Min Bars Between: 30 Min CVD Diff: 8% ``` ## 💡 Trading Strategies ### Strategy 1: Early Entry (Scalpers) - ⚠️ Early warning → Enter immediately - Stop: Just beyond pivot - Target: 1:2 R/R minimum - Trades/day: 3-8 ### Strategy 2: Scale In (Day Traders) - ⚠️ Early warning → 25% position - 🔻 Confirmed → Add 75% - Move stop to breakeven - Trades/week: 5-15 ### Strategy 3: Confirmation Only (Swing Traders) - Wait for 🔻 confirmed signal only - Wider stops (1-2 ATR) - Hold for bigger moves - Trades/month: 8-20 ## 🎯 How to Use 1. **Install** indicator on your chart 2. **Choose** your timeframe (15m recommended to start) 3. **Enable** Early Warning for faster signals OR disable for confirmed only 4. **Set alerts** for your preferred divergence types 5. **Combine** with support/resistance for best results ## 🔧 Tuning Guide **Too many signals?** - Increase Pivot Right to 12-15 - Increase Min Bars Between to 60 - Increase Min CVD Diff to 8-10% **Signals too slow?** - Enable Early Warning - Decrease Early Warning Right to 2 - Decrease Pivot Right to 6-7 **Want cleaner chart?** - Turn off labels (lines only) - Disable early warnings (confirmed only) ## ⚠️ Important Notes **Requirements:** - Volume data required (works on futures, stocks, crypto) - May not work on some forex pairs (broker-dependent) **Performance:** - No indicator is 100% accurate - Always use proper risk management - Combine with price action and S/R levels - Quality over quantity - don't trade every signal **Best Results:** - Divergence AT support/resistance = high probability - Divergence + trend reversal pattern = confluence - Multiple timeframe confirmation = strongest signals ## 📊 What Makes This Different? **Other divergence indicators:** - Use RSI, MACD, or other oscillators - Don't show actual order flow - Often give false signals **This indicator:** - Uses real CVD (Cumulative Volume Delta) - Shows actual buying/selling pressure - Filters for quality (not quantity) - Two modes: fast OR accurate (your choice) - No clutter - just clean divergence lines ## 🚀 Quick Start 1. Add to chart 2. Default settings work well for 15m 3. Watch for 1 week before trading 4. Start with small size 5. Track your results ## 📈 Typical Performance | Mode | Win Rate | Avg R/R | Best For | |------|----------|---------|----------| | Early Warning | 55-65% | 1:1.5 | Scalping | | Confirmed | 70-80% | 1:2 | Swing trading | | Both (Scale In) | 65-75% | 1:3 | Day trading | | With Confluence | 75-85% | 1:3+ | All styles | ## 💬 Tips from Pro Traders - "Use early warnings for entries, confirmed for validation" - "Best at major S/R levels - skip divergences in the middle of nowhere" - "Lower timeframes = more signals but lower quality" - "On 15m chart, early warnings give you 1.5 hour head start" - "Combine with volume spikes for highest probability" ## 🔔 Alert Setup 1. Click Alert button (⏰) 2. Choose "CVD Divergence Detector" 3. Select alert type 4. Configure notifications 5. Done! ## ⚙️ Settings Explained **Delta Source:** - Anchor Timeframe: Higher TF for CVD calculation (1D for day trading) - Custom Lower TF: Advanced users only **Pivot Logic:** - Pivot Left/Right: How many bars to confirm pivot - Early Warning Right: How fast early signals fire - Min Bars Between: Prevents signal spam - Min CVD Diff %: Filters weak divergences **Visual:** - Show Lines/Labels: Toggle display - Colors: Customize to your preference - Label Size: Adjust for readability ## ❓ FAQ **Q: No signals appearing?** - Check volume data is available - Lower Min CVD Diff to 2-3% - Lower Pivot Right to 5-7 **Q: Too many signals?** - Increase filters (see Tuning Guide above) - Turn off early warnings - Use confirmed only **Q: Signals too late?** - Enable Early Warning mode - Decrease Early Warning Right to 2-3 **Q: Works on crypto/forex?** - Crypto: Yes (major pairs) - Forex: Sometimes (depends on broker volume data) - Futures/Stocks: Yes (best performance) ## 📚 Learn More For detailed strategies, examples, and advanced techniques, check the full user guide. --- **Remember:** This is a tool, not a crystal ball. Combine with: - Price action analysis - Support/resistance levels - Risk management - Proper position sizing **The best trade is the one you don't force.** 🎯 --- ## 📝 Version Info **v1.0** - Initial Release - Confirmed divergence detection - Early warning mode - Smart filtering system - Four alert types - Clean visual design --- **Questions? Suggestions?** Drop a comment below! 👇 **Found this helpful?** Like and follow for more professional indicators! ⭐
Pine Script® indicator
by kb1ath
8
Next Candle PredictorAdvanced TradingView Indicator for Precise Buy and Sell Signals Overview: The Predicta Futures - Next Candle Predictor is a cutting-edge TradingView indicator designed to forecast the next candle's direction in futures and cryptocurrency markets. Leveraging a multi-indicator confluence strategy, this tool provides traders with actionable long and short prediction percentages, enhanced by dynamic ADX-based thresholds and visual projection candles. Ideal for scalping, day trading, or swing trading on platforms like MEXC or Binance futures, it combines Supertrend, MACD, RSI, Stochastic, ADX, and volume analysis to deliver high-probability buy and sell signals while minimizing false positives. Key Features: • Multi-Indicator Confluence Scoring: Integrates Supertrend for trend direction, EMAs (8, 21, 50) for alignment, MACD for momentum crossovers, RSI for overbought/oversold conditions, Stochastic for divergence detection, ADX for trend strength, and volume ratios for confirmation. A customizable confluence score (0-6) ensures signals meet user-defined criteria, reducing whipsaws in volatile markets. • Dynamic Prediction Thresholds: ADX-driven adjustments lower the required prediction percentage (e.g., 60% in strong trends) for "PERFECT TIME" entries, adapting to market conditions like ranging or trending phases. • Visual Analysis Table: A sleek, color-coded dashboard displays progress bars for each indicator, prediction percentages, and status (e.g., "PERFECT TIME" or "WAIT"). Supports long and short analyses with intuitive ASCII bars for quick scans. • Projection Candles: Simulates potential next-candle outcomes with volatility-scaled (via Bollinger Bands width) green long and red short candles, aiding in visualizing price targets. • Buy/Sell Signals and Alerts: Generates labeled "BUY" and "SELL" arrows on EMA crossovers within confirmed trends, with separate alerts for basic signals and high-confluence "PERFECT TIME" opportunities. • Customizable Inputs: Adjust ATR periods, Supertrend factors, minimum confluence scores, and volume ratios to tailor the indicator for stocks, forex, or crypto perpetual futures. How It Works: This TradingView script calculates long and short scores using weighted contributions from key indicators, normalizing them into prediction percentages. A confluence check—factoring trend, EMA alignment, MACD, Stochastic, volume, and ADX—triggers "PERFECT TIME" only when conditions align robustly. For example: • In a downtrend (Supertrend red), with bearish MACD and Stochastic, and sufficient volume, the indicator highlights short opportunities. • Dynamic thresholds ensure aggressive entries in strong trends (ADX >25) and conservative ones in weak trends. • Backtested for reliability, it excels in identifying reversals and continuations, making it a must-have for traders seeking an edge in futures trading strategies. Usage Instructions: 1. Add the indicator to your TradingView chart. (Search: Next Candle Predictor) 2. Customize settings via the inputs panel (e.g., set minConfluence to 5 for stricter signals). 3. Monitor the analysis table for predictions and confluence scores. 4. Act on "BUY/SELL" labels or "PERFECT TIME" alerts, combining with your risk management. 5. Enable projection candles for visual forecasting of the next bar. Compatible with all timeframes, from 1-minute scalping to daily swings. Note: This is not financial advice; always verify signals with additional analysis. Join thousands of traders enhancing their strategies—add it to your charts today and elevate your trading performance! Please rate and review if it boosts your trades! Thank you!
Pine Script® indicator
by PredictaFutures
36
Advanced Multi-Level S/R ZonesAdvanced Multi-Level S/R Zones: The Comprehensive Guide 1. Introduction: The Evolution of Support & Resistance: Support and Resistance (S/R) is the backbone of technical analysis. However, traditional methods of drawing these levels are often plagued by subjectivity. Two traders looking at the same chart will often draw two different lines. Furthermore, standard indicators often treat every price point equally, ignoring the critical context of Volume and Time. The Advanced Multi-Level S/R Zones script represents a paradigm shift. It moves away from subjective line drawing and toward Quantitative Zoning. By utilizing statistical measures of variability (Standard Deviation, MAD, IQR) combined with Volume-Weighting and Time-Decay algorithms, this tool identifies where price is mathematically most likely to react. It treats S/R not as thin lines, but as dynamic zones of probability. 2. Core Logic and Mathematical Foundation: To understand how to use this tool optimally, one must understand the "engine" under the hood. The script operates on four distinct pillars of logic: A. Session-Based Data Collection: The script does not look at every single tick. Instead, it aggregates data into "Sessions" (daily bars by default logic). It extracts the High, Low, and Total Volume for every session within the user-defined lookback period. This filters out intraday noise and focuses on the macro structure of the market. B. Adaptive Statistical Variability: Most Bollinger Band-style indicators use Standard Deviation (StdDev) to measure width. However, StdDev is heavily influenced by outliers (extreme wicks). This script offers a sophisticated Adaptive Method-Skewness Detection: The script calculates the skewness of the price distribution. Adaptive Selection: If the data is highly skewed (lots of outliers, typical in Crypto), it switches to MAD (Median Absolute Deviation). MAD is robust and ignores outliers. If the data is moderately skewed, it uses IQR (Interquartile Range). If the data is normal (Gaussian), it uses StdDev. Benefit: This ensures the zone widths are accurate regardless of whether you are trading a stable Forex pair or a volatile Altcoin. C. The Weighting Engine (Volume + Time) Not all price history is equal. This script assigns a "Weight Score" to every session based on two factors: Volume Weighting: Sessions with massive volume (institutional activity) are given higher importance. A high formed on low volume is less significant than a high formed on peak volume. Time Decay: Recent price action is more relevant than price action from 50 bars ago. The script applies a decay factor (default 0.85). This means a session from yesterday has 100% impact, while a session from 10 days ago has significantly less influence on the zone calculation. D. Clustering Algorithm Once the data is weighted, the script runs a clustering algorithm. It looks for price levels where multiple session Highs (for Resistance) or Lows (for Support) congregate. It requires a minimum number of points to form a zone (User Input: minPoints). It merges nearby levels based on the Cluster Separation Factor. This results in "Primary," "Secondary," and "Tertiary" zones based on the strength and quantity of data points in that cluster. 3. Detailed Features and Inputs Breakdown: Group 1: Main Settings Lookback Sessions (Default: 10): Defines how far back the script looks for pivots. A higher number (e.g., 50) creates long-term structural zones. A lower number (e.g., 5) creates short-term scalping zones. Variability Method (Adaptive): As described above, leave this on "Adaptive" for the best results across different assets. Zone Width Multiplier (Default: 0.75): Controls the vertical thickness of the zones. Increase this to 1.0 or 1.5 for highly volatile assets to ensure you catch the wicks. Minimum Points per Zone: The strictness filter. If set to 3, a price level must be hit 3 times within the lookback to generate a zone. Higher numbers = fewer, but stronger zones. Group 2: Weighting Volume-Weighted Zones: Crucial for identifying "Smart Money" levels. Keep this TRUE. Time Decay: Ensures the zones update dynamically. If price moves away from a level for a long time, the zone will fade in significance. ATR-Normalized Zone Width: This is a dynamic volatility filter. If TRUE, the zone width expands and contracts based on the Average True Range. This is vital for maintaining accuracy during market breakouts or crashes. Group 3: Zone Strength & Scoring The script calculates a "Score" (0-100%) for every zone based on: -Point Count: More hits = higher score. -Touches: How many times price wicked into the zone recently. -Intact Status: Has the zone been broken? -Weight: Volume/Time weight of the constituent points. -Track Zone Touches: Looks back n bars to see how often price respected this level. -Touch Threshold: The sensitivity for counting a "touch." Group 4: Visuals & Display Extend Bars: How far to the right the boxes are drawn. Show Labels: Displays the Score, Tier (Primary/Secondary), and Status (Retesting). Detect Pivot Zones (Overlap): This is a killer feature. It detects where a Support Zone overlaps with a Resistance Zone. Significance: These are "Flip Zones" (Old Resistance becomes New Support). They are colored differently (Orange by default) and represent high-probability entry areas. Group 5: Signals & Alerts Entry Signals: Plots Buy/Sell labels when price rejects a zone. Detect Break & Retest: specifically looks for the "Break -> Pullback -> Bounce" pattern, labeled as "RETEST BUY/SELL". Proximity Alert: Triggers when price gets within x% of a zone. 4. Understanding the Visuals (Interpreting the Chart) When you load the script, you will see several visual elements. Here is how to read them: The Boxes (Zones) Red Shades: Resistance Zones. Dark Red (Solid Border): Primary Resistance. The strongest wall. Lighter Red (Dashed Border): Secondary/Tertiary. Weaker, but still relevant. Green Shades: Support Zones. Dark Green (Solid Border): Primary Support. The strongest floor. Orange Boxes: Pivot Zones. These are areas where price has historically reacted as both support and resistance. These are the "Line in the Sand" for trend direction. The Labels & Emojis The script assigns emojis to zone strength: 🔥 (Fire): Score > 80%. A massive level. Expect a strong reaction. ⭐ (Star): Score > 60%. A solid structural level. ✓ (Check): Score > 40%. A standard level. "⟳ RETESTING": Appears when a zone was broken, and price is currently pulling back to test it from the other side. The Dashboard (Top Right) A statistics table provides a "Head-Up Display" for the asset: High/Low σ (Sigma): The variability of the highs and lows. If High σ is much larger than Low σ, it implies the tops are erratic (wicks) while bottoms are clean (flat). Method: Shows which statistical method the Adaptive engine selected (e.g., "MAD (auto)"). ATR: Current volatility value used for normalization. 5. Strategies for Optimum Output To get the most out of this script, you should not just blindly follow the lines. Use these specific strategies: Strategy A: The "Zone Fade" (Range Trading) This works best in sideways markets. Identify a Primary Support (Green) and Primary Resistance (Red). Wait for price to enter the zone. Look for the "SUPPORT BOUNCE" or "RESISTANCE REJECTION" signal label. Entry: Enter against the zone (Buy at support, Sell at resistance). Stop Loss: Place just outside the zone width. Because the zones are calculated using volatility stats, a break of the zone usually means the trade is invalid. Strategy B: The "Pivot Flip" (Trend Following) This is the highest probability setup in trending markets. Look for an Orange Pivot Zone. Wait for price to break through a Resistance Zone cleanly. Wait for the price to return to that zone (which may now turn Orange or act as Support). Look for the "RETEST BUY" label. Logic: Old resistance becoming new support is a classic sign of trend continuation. The script automates the detection of this exact geometric phenomenon. Strategy C: The Volatility Squeeze Look at the Dashboard. Compare High σ and Low σ. If the values are dropping rapidly or becoming very small, the zones will contract (become narrow). Narrow zones indicate a "Squeeze" or compression in price. Prepare for a violent breakout. Do not fade (trade against) narrow zones; look to trade the breakout. 6. Optimization & Customization Guide Different markets require different settings. Here is how to tune the script: For Crypto & Volatile Stocks (Tesla, Nvidia) Method: Set to Adaptive (Mandatory, as these assets have "Fat Tails"). Multiplier: Increase to 1.0 - 1.25. Crypto wicks are deep; you need wider zones to avoid getting stopped out prematurely. Lookback: 20-30 sessions. Crypto has a long memory; short lookbacks generate too much noise. For Forex (EURUSD, GBPJPY) Method: You can force StdDev or IQR. Forex is more mean-reverting and Gaussian. Multiplier: Decrease to 0.5 - 0.75. Forex levels are often very precise to the pip. Volume Weighting: You may turn this OFF for Forex if your broker's volume data is unreliable (since Forex has no centralized volume), though tick volume often works fine. For Scalping (1m - 15m Timeframes) Lookback: Decrease to 5-10. You only care about the immediate session history. Decay Factor: Decrease to 0.5. You want the script to forget about yesterday's price action very quickly. Touch Lookback: Decrease to 20 bars. For Swing Trading (4H - Daily Timeframes) Lookback: Increase to 50. Decay Factor: Increase to 0.95. Structural levels from weeks ago are still highly relevant. Min Points: Increase to 3 or 4. Only show levels that have been tested multiple times. 7. Advantages Over Standard Tools: Feature Standard S/R Indicator, Advanced Multi-Level S/R Calculation, Uses simple Pivots or Fractals, Uses Statistical Distributions (MAD/IQR). Zone Width Arbitrary or Fixed Adaptive based on Volatility & ATR. Context Ignores Volume Volume Weighted (Smart Money tracking). Time Relevance Old levels = New levels Time Decay (Recency bias applied). Overlaps Usually ignores overlaps Detects Pivot Zones (Res/Sup Flip). Scoring None 0-100% Strength Score per zone. 8. Conclusion: The Advanced Multi-Level S/R Zones script is not just a drawing tool; it is a statistical analysis engine. By accounting for the skewness of data, the volume behind the moves, and the decay of time, it provides a strictly objective roadmap of the market structure. For the optimum output, combine the Pivot Zone identification with the Retest Signals. This aligns you with the underlying flow of order blocks and prevents trading against the statistical probabilities of the market.
Pine Script® indicator
by jaydesaigu
SuperTrend Weighted by Divergence█ OVERVIEW SuperTrend Weighted by Divergence is a trend-following indicator based on the classic SuperTrend, enhanced with dynamic ATR weighting driven by divergences. Its key feature is adaptive behavior: when a divergence appears, the indicator temporarily reduces the ATR multiplier, allowing the trend line to react faster to potential market reversals. The indicator remains clean, visually clear, and well suited for traders who want to combine trend-following with early detection of weakening momentum. █ CONCEPT One of the biggest drawbacks of trend indicators is their lagging nature, caused by the characteristics of source data. Classic SuperTrends react only after the trend has already developed, which often leads to late entries or exits. The idea behind SuperTrend Weighted by Divergence is to introduce dynamic adjustment of the trend line in response to the first signs of trend weakening. Instead of treating ATR as a constant volatility buffer, the indicator temporarily modifies its impact when the market sends warning signals in the form of price–oscillator divergences. For divergence detection, a hidden auxiliary oscillator called “MPO4 Lines – Modal Engine” (default settings) is used. This oscillator is not displayed on the chart – only the points where divergences are detected are shown as markers on price bars. Divergences do not generate direct entry signals; they are used solely to temporarily adjust the behavior of the SuperTrend. If, after detecting a divergence against the current trend, a divergence in line with the trend appears, the previous divergence is invalidated and the SuperTrend returns to its standard behavior (base ATR multiplier). █ FEATURES Data sources: - ATR (Average True Range) - Reference point: HL2 (high/low average) - MPO4 Lines – Modal Engine oscillator (hidden, used only for divergence detection) Divergence logic: - Bullish divergence: lower low in price + higher low in the oscillator - Bearish divergence: higher high in price + lower high in the oscillator - Divergences are detected using pivots (left/right) - Divergence detection is delayed by the pivot length, as confirmation requires a fixed number of bars on the right side Divergence impact: - After a divergence is detected, the ATR multiplier is reduced - The reduction strength is controlled by Divergence Sensitivity - The effect is active only for a limited number of bars – 200 bars by default (divBars) - The effect is canceled on trend change or when a trend-aligned divergence appears Trend change logic: - Trend changes only after a confirmed close beyond the trailing line - No repainting - Trend lines break at reversal points Visual signals: - “Buy” and “Sell” labels only on confirmed trend changes - Optional bar coloring based on current trend (Color bars by trend) - Soft fill between price and the trend line - Divergence markers (dots above/below bars) shown at the point of divergence detection, not across the entire divergence structure Alerts: - Buy Signal – trend change to bullish - Sell Signal – trend change to bearish - Bullish Divergence - Bearish Divergence █ HOW TO USE Adding the indicator: Paste the code into Pine Editor or search for “SuperTrend Weighted by Divergence” on TradingView Main settings: - ATR Length – ATR period - Base ATR Multiplier – base SuperTrend width - Pivot Length – divergence sensitivity and detection delay - Divergence Sensitivity – strength of divergence impact (0.0–1.0) - Color bars by trend – enable / disable bar coloring - Line and fill colors – fully customizable Interpretation: - Green line and bars = uptrend - Red line and bars = downtrend - Divergence against the trend = possible weakening and faster SuperTrend reaction - Trend-aligned divergence = return to standard SuperTrend behavior - No divergence = classic, stable SuperTrend behavior █ APPLICATIONS Ideal for: - Trend-following Entering positions only in the direction of the current trend, using the SuperTrend as a directional filter. - Early detection of trend weakness Repeated divergences against the trend may indicate decreasing momentum and a potential upcoming reversal. - Markets with variable dynamics (crypto, indices, forex) Entries based on trend changes, preferably confirmed by other tools such as Fibonacci levels, RSI, support/resistance, or market structure. - Scalping, day trading, and swing trading (with parameter adjustments) Increasing Divergence Sensitivity to around 0.4–0.5 produces many more signals on small, often short-lived moves. These settings work well for scalping and day trading, but are not ideal for swing trading, as they tend to generate more false signals and frequent trend changes. █ NOTES - Works on all markets and timeframes - Divergences are used to adapt SuperTrend behavior, not as standalone entry signals - Higher Divergence Sensitivity = faster reaction and more signals - Lower Divergence Sensitivity = smoother trend and fewer changes - Best results are achieved by tuning parameters to the instrument and trading style
Pine Script® indicator
by Uncle_the_shooter
16
CS Trendline ProTitle: CS Trendline Pro Description: CS Trendline Pro is a comprehensive scalping and day-trading system designed to filter out noise and identify high-probability breakout setups. It combines the structural precision of Fractal Trendlines with a robust Dual-EMA Filter, visualized through an intuitive "Traffic Light" color system. This tool is specifically engineered for traders who want to trade Trendline Breakouts but need a safety mechanism to avoid false signals (fakeouts) and counter-trend traps. 🚦 How the "Traffic Light" Logic Works The core feature of this script is the dynamic coloring of the candles, which acts as a visual filter for your entries: 🟢 GREEN Zone (Safe Buy): Condition: A Bullish Trendline Breakout has occurred AND the price is holding ABOVE the EMA 30 (Yellow Line). Meaning: Momentum is bullish, and you are in a safe zone to look for Long entries. 🔴 RED Zone (Safe Sell): Condition: A Bearish Trendline Breakout has occurred AND the price is holding BELOW the EMA 30 (Yellow Line). Meaning: Momentum is bearish, and you are in a safe zone to look for Short entries. ⚪ GRAY Zone (No Trade / Wait): Condition: A breakout occurred, but the price is on the "wrong side" of the EMA 30. Meaning: Indecision. The market structure is conflicting with the immediate momentum. It is recommended to stay out until the color changes. 🛠️ Key Features ** automated Trendlines:** Automatically draws Support and Resistance dynamic trendlines based on pivot points (LuxAlgo engine). Dual EMA Filter: EMA 30 (Yellow): Acts as the immediate "Safe Zone" filter. EMA 200 (White): Displays the macro trend. (Pro Tip: Only take Green signals if price is above the White line). CS-BUY / CS-SELL Labels: Clear text markers appear exactly when a valid breakout occurs. Customizable: Adjustable sensitivity (Length), EMA periods, and Slope calculation methods (ATR, Stdev, Linreg). 📉 How to Trade with CS Trendline Pro For Scalping (5m / 15m): Identify the Main Trend: Look at the White EMA (200). If Price > EMA 200 → Focus on BUY signals. If Price < EMA 200 → Focus on SELL signals. Wait for the Signal: Wait for the candle to turn Teal (Green) or Red. Ensure the candle closes with the new color. Risk Management: Place Stop Loss below the recent swing low (for buys) or above the swing high (for sells). Target a 1.5 Risk/Reward ratio or trail your stop using the EMA 30. ⚠️ Important Note on Backpainting This indicator uses pivot points to draw trendlines. By nature, a pivot point can only be confirmed after a few bars have passed (Lag). Backpaint Setting (Default ON): Keeps your historical chart clean by connecting the exact pivot points in the past. Real-Time Behavior: In live trading, the trendline and signal will appear once the pivot is confirmed (based on your 'Length' setting). This is normal behavior for any trendline script. Settings Recommended: 5-Minute Chart: Length 10 or 14. 15-Minute Chart: Length 14. Enjoy trading with precision! ~ CS Trading
Pine Script® indicator
by edwardflores194
EMA Market Regime & Real-Time Candle Projection System📌 EMA Market Regime & Real-Time Candle Projection System EMA Market Regime & Parabolic Projection is a real-time market structure system designed to anticipate candle behavior before it fully forms, by dynamically projecting price levels based on trend strength, acceleration, and market expansion. Unlike traditional indicators that react after the candle closes, this system continuously adapts to live price data to provide early insight into bullish, bearish, parabolic, and exhaustion phases. 🔍 Core Concept The system operates on four key dimensions: Market Structure Uses a fast and a slow EMA to determine the dominant market regime (bullish or bearish). Directional Momentum Measures EMA slope to confirm directional commitment. Acceleration & Parabolic Detection Identifies true parabolic movements through acceleration analysis, filtering out weak or range-bound price action. Expansion Validation Confirms that movements are supported by genuine market expansion, reducing false signals. By combining these elements, the indicator projects a dynamic price level in real time, effectively drawing a forward-looking guide that adapts as each candle evolves. 🧠 Real-Time Candle Projection The projected line represents a dynamic equilibrium level derived from EMA structure and acceleration. This allows traders to: Anticipate continuation vs exhaustion Visualize momentum shifts before candle close Read potential candle direction and strength in real time The projection is non-repainting and updates tick-by-tick during the candle’s formation. 🎯 Market Regime Classification The system automatically classifies the market into distinct states: Bullish Trend – Positive structure with controlled momentum Bearish Trend – Negative structure with controlled momentum Parabolic Expansion – Accelerated trend with strong continuation potential Parabolic Exhaustion – Loss of acceleration signaling potential reversal or pullback Neutral / Range – Low momentum and low expansion (no-trade zone) Each state is visually encoded using subtle, professional coloring, ensuring price candles always remain the primary focus. 🛡️ Professional-Grade Filters Anti-range and anti-fake breakout filtering Cooldown logic to prevent repetitive signals Slope normalization relative to volatility Designed to remain readable on M1–M5 scalping and higher timeframes ⚙️ Designed For Scalping & Intraday Trading Real-time decision-making Trend continuation & exhaustion timing Prop-firm and professional trading environments This system is intended as a market structure and timing tool, not a signal spam indicator. ⚠️ Disclaimer This indicator does not predict the future and does not provide guaranteed results. It is designed to assist discretionary traders by improving real-time market reading and execution timing.
Pine Script® indicator
by FollowtheWhiteRabbitz
Ichimoku + VWAP + OBV + ATR Full System (NQ Daytrade)This script provides optimized scalping signals for BTC, designed mainly for the 15-minute timeframe. Long/short entries are generated using VWAP band position and trend confirmation logic. OBV momentum is used as a secondary filter to validate breakout or reversal conditions. Exit signals are displayed when volatility compression or mean-reversion conditions occur. Simple visual markers (triangles and circles) are included for easy decision-making. 롱/숏 삼각형 시그널 동그라미 청산 시그널 VWAP 밴드 기반 방향성 OBV 보조지표 이름 (Name) BTC Scalping Signal – VWAP + OBV 짧은 설명 (Short Description) VWAP 밴드와 OBV를 기반으로 방향성, 진입·청산 시그널을 제공하는 스캘핑 지표입니다. 긴 설명 (Long Description) 이 지표는 BTC 단기 스캘핑을 위해 설계된 것으로, 특히 15분봉 환경에 최적화되어 있습니다. VWAP 밴드의 위치와 추세 판별 로직을 기반으로 롱·숏 진입 신호를 제공합니다. OBV 모멘텀을 보조 필터로 사용하여 돌파 및 되돌림 가능성을 판단합니다. 시장 변동성이 축소되거나 평균회귀 신호가 감지될 때 청산 시그널을 표시합니다. 삼각형(진입), 원형(청산) 등 직관적 시각 요소를 통해 빠른 의사결정을 지원합니다.
Pine Script® indicator
by ninnikuya2294
Exhaustion IndicatorThe ScalpSQZ indicator is designed to identify four critical market states using volatility structure, momentum behavior, and exhaustion conditions. It enhances scalping precision by visually marking transitions between consolidation, squeeze conditions, and momentum reversals through color-coded candles. 1. Squeeze Conditions (Orange Candles) Orange candles highlight volatility compression, detected when Bollinger Bands contract inside the Keltner Channels. This structure signals that market volatility is tightening and a significant expansion move is likely to follow. The squeeze represents a pre-breakout environment and serves as the earliest warning of a potential directional shift. 2. Consolidation Conditions (Yellow Candles) Yellow candles identify phases of low directional momentum. These conditions occur when RSI remains near neutral values, MACD histogram activity is minimal, and the Rate of Change stays muted. This combination indicates that the market is balanced and non-trending, often preceding a volatility spike or a new trend. Consolidation helps traders avoid low-probability entries during indecisive price action. 3. Momentum Exhaustion — Overbought Fade (White Candles) White candles signal potential top-side exhaustion. This occurs when RSI enters overbought territory while the MACD histogram begins to weaken compared to the previous bar. This condition does not necessarily call a reversal but warns that bullish momentum is deteriorating and upside continuation may be limited. It is particularly useful for identifying trend fatigue and tightening stop-loss placement. 4. Momentum Exhaustion — Oversold Fade (Purple Candles) Purple candles identify bottom-side exhaustion and appear when RSI reaches oversold levels, MACD momentum begins improving, and the current close shows buyer defense relative to the previous low. This condition suggests selling pressure is diminishing and a potential reversal or relief bounce may be forming. Purple candles serve as an early indication of bearish trend exhaustion. Color Priority System The indicator follows a fixed hierarchy to ensure clarity: Squeeze (orange) has the highest priority, followed by consolidation (yellow). Exhaustion signals (white for tops, purple for bottoms) apply only when no squeeze or consolidation conditions are active. This structure ensures that the most critical market states are always highlighted first. Purpose and Application ScalpSQZ helps traders identify optimal environments for breakouts, anticipate trend exhaustion, and avoid low-quality trades during choppy or low-momentum conditions. It is suitable for scalping, day trading, and swing trading across any asset class or timeframe.
Pine Script® indicator
by OxPsalms
XAU Micro ScalperThis indicator is designed for short-term price rotation detection on XAUUSD, especially on the 1-minute timeframe. It combines three momentum components—Stochastic, RSI, and OBV slope—to highlight potential reversal points and short-term scalping opportunities. Core Logic The script generates a signal only when multiple conditions align: 1. Stochastic Reversal (Timing Component) A basic long/short trigger occurs when the Stochastic oscillator exits oversold (long) or overbought (short). This represents a potential shift in short-term momentum. 2. RSI “Smart Rotation” Filter (Context Component) Instead of using fixed oversold/overbought thresholds, the indicator checks whether RSI is turning: Long: RSI is below a contextual ceiling (default 50) and rising Short: RSI is above a contextual floor (default 55) and falling This avoids premature entries during strong trending phases and confirms that momentum is actually rotating. 3. OBV Slope Filter (Volume Confirmation) The On-Balance Volume trend is compared to its previous value: Long: OBV slope improving Short: OBV slope deteriorating This helps confirm whether volume pressure is shifting in favor of the trade direction. Both RSI and OBV filters can be enabled or disabled independently via the indicator settings. Signals Small circles mark raw Stochastic reversal points (unfiltered). Green / red triangles represent validated long/short signals where all active filters agree. Optional candle coloring highlights confirmed entry signals on the chart. Use Cases Intraday and scalping strategies on XAUUSD Identifying short-term momentum reversals Filtering noisy signals during high-volatility sessions Studying how volume and momentum align around turning points Customization Users can adjust: RSI contextual thresholds Lookback periods OBV slope sensitivity Stochastic parameters Activation of RSI and OBV filters This flexibility allows the indicator to adapt to different market conditions and timeframes. Disclaimer This indicator does not provide financial advice or guarantee performance. Always test any strategy on historical data and use proper risk management.
Pine Script® indicator
by corrado_divittorio
Momentum Candle by DNDFXMomentum Candle v2 is a simple yet powerful indicator designed to detect strong momentum candles based on candle body size and the ratio between the body and total wick. This indicator is ideal for traders who focus on: Momentum trading Breakout strategies XAUUSD (Gold) scalping Supply & Demand / Smart Money Concepts (SMC) confirmation 🔧 How the Indicator Works The indicator analyzes each candle and classifies it as a Bullish Momentum or Bearish Momentum candle when these conditions are met: ✅ The candle body exceeds the minimum size ✅ The total wick is smaller compared to the body ✅ The Body-to-Wick ratio meets the strength filter Visual signals include: Green background for bullish momentum Red background for bearish momentum Up/Down triangle markers as entry guidance ⚙️ Customizable Parameters Min Body Size (Points) – Sets the minimum candle body size Min Body : Wick Ratio – Controls how dominant the body is compared to the wicks All parameters can be optimized according to your trading style and timeframe. ✅ Best Use Cases This indicator is useful for: Breakout confirmation Momentum validation Filtering false breakouts Scalping and intraday trading on XAUUSD 🧠 Trading Tips For better accuracy, combine this indicator with: Support & Resistance Supply & Demand zones Break of Structure (BOS) / CHoCH Best performance on M5 – H1 timeframes. ⚠️ DISCLAIMER This indicator is a supporting tool, not a guaranteed profit system. Always apply proper risk management. You are fully responsible for your trading decisions.
Pine Script® indicator
by slametux
VV Moving Average Convergence Divergence # VMACDv3 - Volume-Weighted MACD with A/D Divergence Detection ## Overview **VMACDv3** (Volume-Weighted Moving Average Convergence Divergence Version 3) is a momentum indicator that applies volume-weighting to traditional MACD calculations on price, while using the Accumulation/Distribution (A/D) line for divergence detection. This hybrid approach combines volume-weighted price momentum with volume distribution analysis for comprehensive market insight. ## Key Features - **Volume-Weighted Price MACD**: Traditional MACD calculation on price but weighted by volume for earlier signals - **A/D Divergence Detection**: Identifies when A/D trend diverges from MACD momentum - **Volume Strength Filtering**: Distinguishes high-volume confirmations from low-volume noise - **Color-Coded Histogram**: 4-color system showing momentum direction and volume strength - **Real-Time Alerts**: Background colors and alert conditions for bullish/bearish divergences ## Difference from ACCDv3 | Aspect | VMACDv3 | ACCDv3 | |--------|---------|---------| | **MACD Input** | **Price (Close)** | **A/D Line** | | **Volume Weighting** | Applied to price | Applied to A/D line | | **Primary Signal** | Volume-weighted price momentum | Volume distribution momentum | | **Use Case** | Price momentum with volume confirmation | Volume flow and accumulation/distribution | | **Sensitivity** | More responsive to price changes | More responsive to volume patterns | | **Best For** | Trend following, breakouts | Volume analysis, smart money tracking | **Key Insight**: VMACDv3 shows *where price is going* with volume weight, while ACCDv3 shows *where volume is accumulating/distributing*. ## Components ### 1. Volume-Weighted MACD on Price Unlike standard MACD that uses simple price EMAs, VMACDv3 weights each price by its corresponding volume: ``` Fast Line = EMA(Price × Volume, 12) / EMA(Volume, 12) Slow Line = EMA(Price × Volume, 26) / EMA(Volume, 26) MACD = Fast Line - Slow Line ``` **Benefits of Volume Weighting**: - High-volume price movements have greater impact - Filters out low-volume noise and false moves - Provides earlier trend change signals - Better reflects institutional activity ### 2. Accumulation/Distribution (A/D) Line Used for divergence detection, measuring buying/selling pressure: ``` A/D = Σ ((2 × Close - Low - High) / (High - Low)) × Volume ``` - **Rising A/D**: Accumulation (buying pressure) - **Falling A/D**: Distribution (selling pressure) - **Doji Handling**: When High = Low, contribution is zero ### 3. Signal Lines - **MACD Line** (Blue, #2962FF): The fast-slow difference showing momentum - **Signal Line** (Orange, #FF6D00): EMA or SMA smoothing of MACD - **Zero Line**: Reference for bullish (above) vs bearish (below) bias ### 4. Histogram Color System The histogram uses 4 distinct colors based on **direction** and **volume strength**: | Condition | Color | Meaning | |-----------|-------|---------| | Rising + High Volume | **Dark Green** (#1B5E20) | Strong bullish momentum with volume confirmation | | Rising + Low Volume | **Light Teal** (#26A69A) | Bullish momentum but weak volume (less reliable) | | Falling + High Volume | **Dark Red** (#B71C1C) | Strong bearish momentum with volume confirmation | | Falling + Low Volume | **Light Pink** (#FFCDD2) | Bearish momentum but weak volume (less reliable) | Additional shading: - **Light Cyan** (#B2DFDB): Positive but not rising (momentum stalling) - **Bright Red** (#FF5252): Negative and accelerating down ### 5. Divergence Detection VMACDv3 compares A/D trend against volume-weighted price MACD: #### Bullish Divergence (Green Background) - **Condition**: A/D is trending up BUT MACD is negative and trending down - **Interpretation**: Volume is accumulating while price momentum appears weak - **Signal**: Smart money accumulation, potential bullish reversal - **Action**: Look for long entries, especially at support levels #### Bearish Divergence (Red Background) - **Condition**: A/D is trending down BUT MACD is positive and trending up - **Interpretation**: Volume is distributing while price momentum appears strong - **Signal**: Smart money distribution, potential bearish reversal - **Action**: Consider exits, avoid new longs, watch for breakdown ## Parameters | Parameter | Default | Range | Description | |-----------|---------|-------|-------------| | **Source** | Close | OHLC/HLC3/etc | Price source for MACD calculation | | **Fast Length** | 12 | 1-50 | Period for fast EMA (shorter = more sensitive) | | **Slow Length** | 26 | 1-100 | Period for slow EMA (longer = smoother) | | **Signal Smoothing** | 9 | 1-50 | Period for signal line (MACD smoothing) | | **Signal Line MA Type** | EMA | SMA/EMA | Moving average type for signal calculation | | **Volume MA Length** | 20 | 5-100 | Period for volume average (strength filter) | ## Usage Guide ### Reading the Indicator 1. **MACD Lines (Blue & Orange)** - **Blue Line (MACD)**: Volume-weighted price momentum - **Orange Line (Signal)**: Smoothed trend of MACD - **Crossovers**: Blue crosses above orange = bullish, below = bearish - **Distance**: Wider gap = stronger momentum - **Zero Line Position**: Above = bullish bias, below = bearish bias 2. **Histogram Colors** - **Dark Green (#1B5E20)**: Strong bullish move with high volume - **most reliable buy signal** - **Light Teal (#26A69A)**: Bullish but low volume - wait for confirmation - **Dark Red (#B71C1C)**: Strong bearish move with high volume - **most reliable sell signal** - **Light Pink (#FFCDD2)**: Bearish but low volume - may be temporary dip 3. **Background Divergence Alerts** - **Green Background**: A/D accumulating while price weak - potential bottom - **Red Background**: A/D distributing while price strong - potential top - Most powerful at key support/resistance levels ### Trading Strategies #### Strategy 1: Volume-Confirmed Trend Following 1. Wait for MACD to cross above zero line 2. Look for **dark green** histogram bars (high volume confirmation) 3. Enter long on second consecutive dark green bar 4. Hold while histogram remains green 5. Exit when histogram turns light green or red appears 6. Set stop below recent swing low **Example**: ``` Price: 26,400 → 26,450 (rising) MACD: -50 → +20 (crosses zero) Histogram: Light teal → Dark green → Dark green Volume: 50k → 75k → 90k (increasing) ``` #### Strategy 2: Divergence Reversal Trading 1. Identify divergence background (green = bullish, red = bearish) 2. Confirm with price structure (support/resistance, chart patterns) 3. Wait for MACD to cross signal line in divergence direction 4. Enter on first **dark colored** histogram bar after divergence 5. Set stop beyond divergence area 6. Target previous swing high/low **Example - Bullish Divergence**: ``` Price: Making lower lows (26,350 → 26,300 → 26,250) A/D: Rising (accumulation) MACD: Below zero but starting to curve up Background: Green shading appears Entry: MACD crosses signal line + dark green bar Stop: Below 26,230 Target: 26,450 (previous high) ``` #### Strategy 3: Momentum Scalping 1. Trade only in direction of MACD zero line (above = long, below = short) 2. Enter on dark colored bars only 3. Exit on first light colored bar or opposite color 4. Quick in and out (1-5 minute holds) 5. Tight stops (0.2-0.5% depending on instrument) #### Strategy 4: Histogram Pattern Trading **V-Bottom Reversal (Bullish)**: - Red histogram bars start rising (becoming less negative) - Forms "V" shape at the bottom - Transitions to light red → light teal → **dark green** - Entry: First dark green bar - Signal: Momentum reversal with volume **Λ-Top Reversal (Bearish)**: - Green histogram bars start falling (becoming less positive) - Forms inverted "V" at the top - Transitions to light green → light pink → **dark red** - Entry: First dark red bar - Signal: Momentum exhaustion with volume ### Multi-Timeframe Analysis **Recommended Approach**: 1. **Higher Timeframe (15m/1h)**: Identify overall trend direction 2. **Trading Timeframe (5m)**: Time entries using VMACDv3 signals 3. **Lower Timeframe (1m)**: Fine-tune entry prices **Example Setup**: ``` 15-minute: MACD above zero (bullish bias) 5-minute: Dark green histogram appears after pullback 1-minute: Enter on break of recent high with volume ``` ### Volume Strength Interpretation The volume filter compares current volume to 20-period average: - **Volume > Average**: Dark colors (green/red) - high confidence signals - **Volume < Average**: Light colors (teal/pink) - lower confidence signals **Trading Rules**: - ✓ **Aggressive**: Take all dark colored signals - ✓ **Conservative**: Only take dark colors that follow 2+ light colors of same type - ✗ **Avoid**: Trading light colored signals during high volatility - ✗ **Avoid**: Ignoring volume context during news events ## Technical Details ### Volume-Weighted Calculation ```pine // Volume-weighted fast EMA fast_ma = ta.ema(src * volume, fast_length) / ta.ema(volume, fast_length) // Volume-weighted slow EMA slow_ma = ta.ema(src * volume, slow_length) / ta.ema(volume, slow_length) // MACD is the difference macd = fast_ma - slow_ma // Signal line smoothing signal = ta.ema(macd, signal_length) // or ta.sma() if SMA selected // Histogram hist = macd - signal ``` ### Divergence Detection Logic ```pine // A/D trending up if above its 5-period SMA ad_trend = ad > ta.sma(ad, 5) // MACD trending up if above zero macd_trend = macd > 0 // Divergence when trends oppose each other divergence = ad_trend != macd_trend // Specific conditions for alerts bullish_divergence = ad_trend and not macd_trend and macd < 0 bearish_divergence = not ad_trend and macd_trend and macd > 0 ``` ### Histogram Coloring Logic ```pine hist_color = (hist >= 0 ? (hist < hist ? (vol_strength ? #1B5E20 : #26A69A) // Rising: dark/light green : #B2DFDB) // Positive but falling: cyan : (hist < hist ? (vol_strength ? #B71C1C : #FFCDD2) // Rising (less negative): dark/light red : #FF5252)) // Falling more: bright red ``` ## Alerts Built-in alert conditions for divergence detection: ### Bullish Divergence Alert - **Trigger**: A/D trending up, MACD negative and trending down - **Message**: "Bullish Divergence: A/D trending up but MACD trending down" - **Use Case**: Potential reversal or continuation after pullback - **Action**: Look for long entry setups ### Bearish Divergence Alert - **Trigger**: A/D trending down, MACD positive and trending up - **Message**: "Bearish Divergence: A/D trending down but MACD trending up" - **Use Case**: Potential top or trend reversal - **Action**: Consider exits or short entries ### Setting Up Alerts 1. Click "Create Alert" in TradingView 2. Condition: Select "VMACDv3" 3. Choose alert type: "Bullish Divergence" or "Bearish Divergence" 4. Configure: Email, SMS, webhook, or popup 5. Set frequency: "Once Per Bar Close" recommended ## Comparison Tables ### VMACDv3 vs Standard MACD | Feature | Standard MACD | VMACDv3 | |---------|---------------|---------| | **Price Weighting** | Equal weight all bars | Volume-weighted | | **Sensitivity** | Fixed | Adaptive to volume | | **False Signals** | More during low volume | Fewer (volume filter) | | **Divergence** | Price vs MACD | A/D vs MACD | | **Volume Analysis** | None | Built-in | | **Color System** | 2 colors | 4+ colors | | **Best For** | Simple trend following | Volume-confirmed trading | ### VMACDv3 vs ACCDv3 | Aspect | VMACDv3 | ACCDv3 | |--------|---------|--------| | **Focus** | Price momentum | Volume distribution | | **Reactivity** | Faster to price moves | Faster to volume shifts | | **Best Markets** | Trending, breakouts | Accumulation/distribution phases | | **Signal Type** | Where price + volume going | Where smart money positioning | | **Divergence Meaning** | Volume vs price disagreement | A/D vs momentum disagreement | | **Use Together?** | ✓ Yes, complementary | ✓ Yes, different perspectives | ## Example Trading Scenarios ### Scenario 1: Strong Bullish Breakout ``` Time: 9:30 AM (market open) Price: Breaks above 26,400 resistance MACD: Crosses above zero line Histogram: Dark green bars (#1B5E20) Volume: 2x average (150k vs 75k avg) A/D: Rising (no divergence) Action: Enter long at 26,405 Stop: 26,380 (below breakout) Target 1: 26,450 (risk:reward 1:2) Target 2: 26,500 (risk:reward 1:4) Result: High probability setup with volume confirmation ``` ### Scenario 2: False Breakout (Avoided) ``` Time: 2:30 PM (slow period) Price: Breaks above 26,400 resistance MACD: Slightly positive Histogram: Light teal bars (#26A69A) Volume: 0.5x average (40k vs 75k avg) A/D: Flat/declining Action: Avoid trade Reason: Low volume, no conviction, potential false breakout Outcome: Price reverses back below 26,400 within 10 minutes Saved: Avoided losing trade due to volume filter ``` ### Scenario 3: Bullish Divergence Bottom ``` Time: 11:00 AM Price: Making lower lows (26,350 → 26,300 → 26,280) MACD: Below zero but curving upward Histogram: Red bars getting shorter (V-bottom forming) Background: Green shading (divergence alert) A/D: Rising despite price falling Volume: Increasing on down bars Setup: 1. Divergence appears at 26,280 (green background) 2. Wait for MACD to cross signal line 3. First dark green bar appears at 26,290 4. Enter long: 26,295 (next bar open) 5. Stop: 26,265 (below divergence low) 6. Target: 26,350 (previous swing high) Result: +55 points (30 point risk, 1.8:1 reward) Key: Divergence + volume confirmation = high probability reversal ``` ### Scenario 4: Bearish Divergence Top ``` Time: 1:45 PM Price: Making higher highs (26,500 → 26,520 → 26,540) MACD: Positive but flattening Histogram: Green bars getting shorter (Λ-top forming) Background: Red shading (bearish divergence) A/D: Declining despite rising price Volume: Decreasing on up bars Setup: 1. Bearish divergence at 26,540 (red background) 2. MACD crosses below signal line 3. First dark red bar appears at 26,535 4. Enter short: 26,530 5. Stop: 26,555 (above divergence high) 6. Target: 26,475 (support level) Result: +55 points (25 point risk, 2.2:1 reward) Key: Distribution while price rising = smart money exiting ``` ### Scenario 5: V-Bottom Reversal ``` Downtrend in progress MACD: Deep below zero (-150) Histogram: Series of dark red bars Pattern Development: Bar 1: Dark red, hist = -80, falling Bar 2: Dark red, hist = -95, falling Bar 3: Dark red, hist = -100, falling (extreme) Bar 4: Light pink, hist = -98, rising! Bar 5: Light pink, hist = -90, rising Bar 6: Light teal, hist = -75, rising (crosses to positive momentum) Bar 7: Dark green, hist = -55, rising + volume Action: Enter long on Bar 7 Reason: V-bottom confirmed with volume Stop: Below Bar 3 low Target: Zero line on histogram (mean reversion) ``` ## Best Practices ### Entry Rules ✓ **Wait for dark colors**: High-volume confirmation is key ✓ **Confirm divergences**: Use with price support/resistance ✓ **Trade with zero line**: Long above, short below for best odds ✓ **Multiple timeframes**: Align 1m, 5m, 15m signals ✓ **Watch for patterns**: V-bottoms and Λ-tops are reliable ### Exit Rules ✓ **Partial profits**: Take 50% at first target ✓ **Trail stops**: Use histogram color changes ✓ **Respect signals**: Exit on opposite dark color ✓ **Time stops**: Close positions before major news ✓ **End of day**: Square up before close ### Avoid ✗ **Don't chase light colors**: Low volume = low confidence ✗ **Don't ignore divergence**: Early warning system ✗ **Don't overtrade**: Wait for clear setups ✗ **Don't fight the trend**: Zero line dictates bias ✗ **Don't skip stops**: Always use risk management ## Risk Management ### Position Sizing - **Dark green/red signals**: 1-2% account risk - **Light signals**: 0.5% account risk or skip - **Divergence plays**: 1% account risk (higher uncertainty) - **Multiple confirmations**: Up to 2% account risk ### Stop Loss Placement - **Trend trades**: Below/above recent swing (20-30 points typical) - **Breakout trades**: Below/above breakout level (15-25 points) - **Divergence trades**: Beyond divergence extreme (25-40 points) - **Scalp trades**: Tight stops at 10-15 points ### Profit Targets - **Minimum**: 1.5:1 reward to risk ratio - **Scalps**: 15-25 points (quick in/out) - **Swing**: 50-100 points (hold through pullbacks) - **Runners**: Trail with histogram color changes ## Timeframe Recommendations | Timeframe | Trading Style | Typical Hold | Advantages | Challenges | |-----------|---------------|--------------|------------|------------| | **1-minute** | Scalping | 1-5 minutes | Fast profits, many setups | Noisy, high false signals | | **5-minute** | Intraday | 15-60 minutes | Balance of speed/clarity | Still requires quick decisions | | **15-minute** | Swing | 1-4 hours | Clearer trends, less noise | Fewer opportunities | | **1-hour** | Position | 4-24 hours | Strong signals, less monitoring | Wider stops required | **Recommendation**: Start with 5-minute for best balance of signal quality and opportunity frequency. ## Combining with Other Indicators ### VMACDv3 + ACCDv3 - **Use**: Confirm volume flow with price momentum - **Signal**: Both showing dark green = highest conviction long - **Divergence**: VMACDv3 bullish + ACCDv3 bearish = examine price action ### VMACDv3 + RSI - **Use**: Overbought/oversold with momentum confirmation - **Signal**: RSI < 30 + dark green VMACD = strong reversal - **Caution**: RSI > 70 + light green VMACD = potential false breakout ### VMACDv3 + Elder Impulse - **Use**: Bar coloring + histogram confirmation - **Signal**: Green Elder bars + dark green VMACD = aligned momentum - **Exit**: Blue Elder bars + light colors = momentum stalling ## Limitations - **Requires volume data**: Will not work on instruments without volume feed - **Lagging indicator**: MACD inherently follows price (2-3 bar delay) - **Consolidation noise**: Generates false signals in tight ranges - **Gap handling**: Large gaps can distort volume-weighted values - **Not standalone**: Should combine with price action and support/resistance ## Troubleshooting **Problem**: Too many light colored signals **Solution**: Increase Volume MA Length to 30-40 for stricter filtering **Problem**: Missing entries due to waiting for dark colors **Solution**: Lower Volume MA Length to 10-15 for more signals (accept lower quality) **Problem**: Divergences not appearing **Solution**: Verify volume data available; check if A/D line is calculating **Problem**: Histogram colors not changing **Solution**: Ensure real-time data feed; refresh indicator ## Version History - **v3**: Removed traditional MACD, using volume-weighted MACD on price with A/D divergence - **v2**: Added A/D divergence detection, volume strength filtering, enhanced histogram colors - **v1**: Basic volume-weighted MACD on price ## Related Indicators **Companion Tools**: - **ACCDv3**: Volume-weighted MACD on A/D line (distribution focus) - **RSIv2**: RSI with A/D divergence detection - **DMI**: Directional Movement Index with A/D divergence - **Elder Impulse**: Bar coloring system using volume-weighted MACD **Use Together**: VMACDv3 (momentum) + ACCDv3 (distribution) + Elder Impulse (bar colors) = complete volume-based trading system --- *This indicator is for educational purposes. Past performance does not guarantee future results. Always practice proper risk management and never risk more than you can afford to lose.*
Pine Script® indicator
by srinarayanant
Options Scalper v2 - SPY/QQQHere's a comprehensive description of the Options Scalper v2 strategy: --- ## Options Scalper v2 - SPY/QQQ ### Overview A multi-indicator confluence-based scalping strategy designed for trading SPY and QQQ options on short timeframes (1-5 minute charts). The strategy uses a scoring system to generate high-probability CALL and PUT signals by requiring alignment across multiple technical indicators before triggering entries. --- ### Core Logic The strategy operates on a **scoring system (0-9 points)** where both bullish (CALL) and bearish (PUT) conditions are evaluated independently. A signal only fires when: 1. A recent EMA crossover occurred (within the last 3 bars) 2. The direction's score meets the minimum threshold (default: 4 points) 3. The signal's score is higher than the opposite direction 4. Enough bars have passed since the last signal (cooldown period) 5. Price action occurs during valid trading sessions --- ### Indicators Used | Indicator | Purpose | CALL Condition | PUT Condition | |-----------|---------|----------------|---------------| | **9/21 EMA Cross** | Primary trigger | Fast EMA crosses above slow | Fast EMA crosses below slow | | **200 EMA** | Trend filter | Price above 200 EMA | Price below 200 EMA | | **RSI (14)** | Momentum filter | RSI between 45-65 | RSI between 35-55 | | **VWAP** | Institutional level | Price above VWAP | Price below VWAP | | **MACD (12,26,9)** | Momentum confirmation | MACD line > Signal line | MACD line < Signal line | | **Stochastic (14,3)** | Overbought/Oversold | Oversold or K > D | Overbought or K < D | | **Volume** | Participation confirmation | Spike on green candle | Spike on red candle | | **Price Structure** | Breakout detection | Higher high formed | Lower low formed | --- ### Scoring Breakdown **CALL Score (Max 9 points):** - Recent EMA cross up: +2 pts - EMA alignment (fast > slow): +1 pt - RSI in bullish range: +1 pt - Above VWAP: +1 pt - MACD bullish: +1 pt - Volume spike on green candle: +1 pt - Stochastic setup: +1 pt - Above 200 EMA: +1 pt - Breaking higher high: +1 pt **PUT Score (Max 9 points):** - Recent EMA cross down: +2 pts - EMA alignment (fast < slow): +1 pt - RSI in bearish range: +1 pt - Below VWAP: +1 pt - MACD bearish: +1 pt - Volume spike on red candle: +1 pt - Stochastic setup: +1 pt - Below 200 EMA: +1 pt - Breaking lower low: +1 pt --- ### Risk Management The strategy uses **ATR-based dynamic stops and targets**: | Parameter | Default | Description | |-----------|---------|-------------| | Stop Loss | 1.5x ATR | Distance below entry for longs, above for shorts | | Take Profit | 2.0x ATR | Creates a 1:1.33 risk-reward ratio | Positions are also closed on: - Opposite direction signal (flip trade) - Take profit or stop loss hit --- ### Session Filtering Trades are restricted to high-liquidity periods by default: - **Morning Session:** 9:30 AM - 11:00 AM EST - **Afternoon Session:** 2:30 PM - 3:55 PM EST This avoids choppy midday price action and captures the highest volume periods. --- ### Input Parameters | Parameter | Default | Description | |-----------|---------|-------------| | Fast EMA | 9 | Fast moving average period | | Slow EMA | 21 | Slow moving average period | | Trend EMA | 200 | Long-term trend filter | | RSI Length | 14 | RSI calculation period | | RSI Overbought | 65 | Upper RSI threshold | | RSI Oversold | 35 | Lower RSI threshold | | Volume Multiplier | 1.2x | Volume spike detection threshold | | Min Signal Strength | 4 | Minimum score required to trigger | | Crossover Lookback | 3 | Bars to consider crossover "recent" | | Min Bars Between Signals | 5 | Cooldown period between signals | --- ### Visual Elements **Chart Plots:** - Green line: 9 EMA (fast) - Red line: 21 EMA (slow) - Gray line: 200 EMA (trend) - Purple dots: VWAP **Signal Markers:** - Green triangle up + "CALL" label: Buy call signal - Red triangle down + "PUT" label: Buy put signal - Small circles: EMA crossover reference points **Info Table (Top Right):** - Real-time CALL and PUT scores - RSI, MACD, Stochastic values - VWAP and 200 EMA position - Recent crossover status - Current signal state --- ### Alerts | Alert Name | Trigger | |------------|---------| | CALL Entry | Standard call signal fires | | PUT Entry | Standard put signal fires | | Strong CALL | Call signal with score ≥ 6 | | Strong PUT | Put signal with score ≥ 6 | --- ### Recommended Usage | Setting | 0DTE Scalping | Intraday Swings | |---------|---------------|-----------------| | Timeframe | 1-2 min | 5 min | | Min Signal Strength | 5-6 | 4 | | ATR Stop Mult | 1.0 | 1.5 | | ATR TP Mult | 1.5 | 2.0 | | Option Delta | 0.40-0.50 | 0.30-0.40 | --- ### Key Improvements Over v1 1. **Requires actual crossover** - Eliminates false signals from simple trend continuation 2. **Balanced scoring** - Both directions evaluated equally, highest score wins 3. **Signal cooldown** - Prevents overtrading with minimum bar spacing 4. **Multi-indicator confluence** - 8 factors must align for signal generation 5. **Volume-candle alignment** - Volume spikes only count when matching candle direction --- ### Disclaimer This strategy is for educational purposes. Backtest thoroughly before live trading. Options trading involves significant risk of loss. Past performance does not guarantee future results.
Pine Script® strategy
by hakan_gul_79
⚔️ The Scalpel⚔️ THE SCALPEL v2.0 ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Surgical-Grade Market Structure Detection System 🔬 WHAT IS THE SCALPEL? The Scalpel is a precision-engineered market structure analyzer that identifies and tracks critical support and resistance zones with surgical accuracy. Unlike conventional S&R tools that flood your chart with noise, The Scalpel cuts through the clutter to reveal only the most significant price structures. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ⚙️ CORE TECHNOLOGY ▸ Pivot-Based Detection Engine Advanced pivot analysis calibrated by user-defined precision settings ▸ Tissue Integrity Validation Filters structures based on candle body-to-range ratios ▸ Dynamic Stress Analysis Tracks zone interactions and removes exhausted levels automatically ▸ Volatility-Adaptive Zones Zone width scales with ATR for consistent performance across all markets ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🎨 VISUAL SPECTRUM 💜 STERILE ZONES (Electric Violet) Fresh, untested structures with maximum potential 🔴 COMPRESSION ZONES (Magenta Fire) Tested resistance ceilings under selling pressure 🩵 FOUNDATION ZONES (Neon Teal) Tested support floors with proven buyer interest ✨ PLASMA AURA EFFECT Multi-layered glow effect for enhanced visibility ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📐 PARAMETERS 🔪 Blade Precision (1-10) Higher = fewer but sharper pivots detected 🩺 Tissue Integrity % (30-90) Minimum candle body percentage required 📏 Incision Depth (0.1-2.0 ATR) Controls zone thickness based on volatility 💉 Stress Threshold (1-10) Maximum touches before zone invalidation 📐 Projection Range (10-200) How far zones extend into the future ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 💡 HOW TO USE 1. Fresh sterile zones (violet) are your highest-probability setups 2. Watch for price reaction at zone boundaries 3. Tested zones confirm structure but may have diminished strength 4. Zones auto-remove after stress threshold is reached 5. Use projection range to anticipate future tests ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🎯 BEST FOR ✓ Scalping & Day Trading ✓ Swing Trade Entries ✓ Stop Loss Placement ✓ Take Profit Targeting ✓ Multi-Timeframe Analysis ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ⚠️ DISCLAIMER This indicator is for educational purposes only. Always conduct your own analysis and use proper risk management. Past performance does not guarantee future results. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🏷️ TAGS support resistance zones SNR pivot points market structure scalping day trading swing trading price action order blocks smart money supply demand technical analysis
Pine Script® indicator
by siddarth_banakar3
12
Price Volume Heatmap [MHA Finverse]Price Volume Heatmap - Advanced Volume Profile Analysis Unlock the power of institutional-level volume analysis with the Price Volume Heatmap indicator. This sophisticated tool visualizes market structure through volume distribution across price levels, helping you identify key support/resistance zones, high-probability reversal areas, and optimal entry/exit points. 🎯 What Makes This Indicator Unique? Unlike traditional volume indicators that only show volume over time, this heatmap displays volume distribution across price levels , revealing where the most significant trading activity occurred. The gradient coloring system instantly highlights high-volume nodes (areas of strong interest) and low-volume nodes (potential breakout zones). 📊 Core Features 1. Dynamic Volume Heatmap - Visualizes volume concentration across 250 customizable price levels - Gradient color scheme from high volume (white) to low volume (teal/green) - Adjustable brightness multiplier for enhanced contrast and clarity - Real-time updates as market conditions evolve 2. Point of Control (POC) - Automatically identifies the price level with the highest traded volume - Acts as a magnetic price level where markets often return - Critical for identifying fair value areas and potential reversal zones - Customizable line style, width, and color 3. Flexible Lookback Settings - Lookback Bars: Set any value from 1-5000 bars to control analysis depth - Visible Range Mode: Analyze only what's currently visible on your chart - Timeframe-Specific Settings: Different lookback periods for 1m, 5m, 15m, 30m, 1h, Daily, and Weekly charts - Adapts to your trading style - scalping to position trading 4. Session Separation Analysis - Tokyo Session: 00:00-09:00 UTC - London Session: 07:00-16:00 UTC - New York Session: 13:00-22:00 UTC - Sydney Session: 21:00-06:00 UTC - Daily Reset: Analyze each trading day independently Session separation allows you to understand volume distribution specific to each major trading session, revealing institutional order flow patterns and session-specific support/resistance levels. 5. Profile Width Options - Dynamic: Profile width adjusts based on lookback period - Fixed Bars: Set a specific bar count for consistent profile width - Extend Forward: Project the profile into future bars for planning trades 6. Smart Alerts - POC crossover/crossunder alerts - New session start notifications - Never miss critical price action at high-volume nodes 📈 How to Use This Indicator Professionally Understanding Market Structure: High Volume Nodes (HVN): - Appear as bright/white areas in the heatmap - Represent price levels where significant trading occurred - Act as strong support/resistance zones - Markets often consolidate or bounce from these levels - Trading Strategy: Look for entries when price tests HVN areas with confluence from other indicators Low Volume Nodes (LVN): - Appear as darker/teal areas in the heatmap - Represent price levels with minimal trading activity - Price tends to move quickly through these areas - Often form "gaps" in the volume profile - Trading Strategy: Expect rapid price movement through LVN zones; avoid placing stop losses here Point of Control (POC): - The single most important price level in your analysis window - Represents the fairest price where maximum volume traded - Price gravitates toward POC like a magnet - Trading Strategy: * When price is above POC: bullish bias, POC acts as support * When price is below POC: bearish bias, POC acts as resistance * POC breaks often lead to significant trend changes Session-Based Analysis: Use session separation to understand how different market participants trade: Asian Session (Tokyo/Sydney): - Typically lower volatility and range-bound - Volume profiles often show tight, balanced distribution - Use for identifying overnight ranges and gap fill zones London Session: - Highest volume session for forex pairs - Often shows strong directional bias - Look for breakouts from Asian ranges during London open New York Session: - Maximum participation when overlapping with London - Institutional order flow most visible - POC during NY session often becomes key level for following sessions 🎯 Practical Trading Applications 1. Identifying Support & Resistance: High volume nodes from the heatmap are far more reliable than traditional swing highs/lows. When price approaches an HVN, expect reaction - either a bounce or a significant breakout if breached. 2. Trend Confirmation: - Healthy uptrend: POC rising over time, HVN forming at higher levels - Healthy downtrend: POC falling over time, HVN forming at lower levels - Consolidation: POC relatively flat, volume balanced across range 3. Breakout Trading: When price breaks through a Low Volume Node with momentum, it often continues to the next High Volume Node. Use LVN areas as measured move targets. 4. Reversal Zones: Multiple HVN stacking on top of each other creates a "volume shelf" - an extremely strong support/resistance zone where reversals are highly probable. 5. Risk Management: - Place stops beyond HVN areas (not within LVN zones) - Size positions based on distance to nearest HVN - Use POC as trailing stop level in trending markets ⚙️ Recommended Settings For Day Trading (Scalping/Intraday): - Lookback: 200-500 bars - Rows: 200-250 - Enable session separation for your primary trading session - Profile Width: Dynamic or Fixed Bars (30-50) For Swing Trading: - Lookback: 500-1000 bars - Rows: 250 - Session separation: Daily Reset - Profile Width: Dynamic For Position Trading: - Lookback: 1000-3000 bars - Rows: 250 - Use timeframe-specific settings - Profile Width: Extend Forward (20-50 bars) 💡 Pro Tips 1. Combine this indicator with price action analysis - volume confirms what price is telling you 2. Watch for POC convergence with other technical levels (fibonacci, pivot points, moving averages) 3. Volume at extremes (tops/bottoms of heatmap) often indicates exhaustion 4. Session POC from previous sessions often acts as magnet for current session 5. Increase brightness multiplier (1.5-2.5) for clearer visualization on busy charts 6. Use "Number of Sessions to Display" to analyze consistency of volume levels across multiple sessions 🎨 Customization Fully customizable visual appearance: - Gradient colors for volume visualization - POC line thickness, color, and style - Session line colors and visibility - All settings organized in intuitive groups ⚠️ Disclaimer This indicator is a technical analysis tool and should not be used as the sole basis for trading decisions. Always combine volume analysis with proper risk management, fundamental analysis, and other technical indicators. Past performance does not guarantee future results. --- Support & Updates Regular updates and improvements are made to enhance functionality. For questions, suggestions, or bug reports, please use the comments section below. Happy Trading! 📊💹
Pine Script® indicator
by humayunmha
Fib Golden RatioDynamic Fib High → Low (0.5 & 0.618) This indicator automatically tracks the current day’s High and Low and plots the key Fibonacci retracement levels 0.5 (50%) and 0.618 (Golden Ratio) based on the live intraday price range. The tool is designed for traders who want simple, clean, and dynamic intraday Fibonacci levels without clutter on the chart. How It Works Detects the start of a new trading day Tracks the highest high and lowest low of the current day Continuously recalculates: Fibonacci 0.5 (Midpoint) Fibonacci 0.618 (Golden Ratio) Plots clean continuous lines across the chart Fib is calculated from High → Low, matching how typical intraday fib tools are visually applied Why This Indicator No drawings to manually adjust No user configuration required Extremely lightweight and fast Automatically adjusts as the day progresses Perfect for identifying intraday mean reversion zones, pullback zones, and reaction levels Ideal Use Cases Intraday directional trading Scalping pullbacks Mean reversion setups Identifying dynamic support/resistance zones Option scalping (CE/PE)
Pine Script® indicator
by Ramesh_G
Psychological LevelsADVANCED PSYCHOLOGICAL LEVELS - PROFESSIONAL FOREX INDICATOR This highly customizable indicator automatically identifies and visualizes all major psychological price levels across any Forex chart. Psychological levels represent critical price zones where traders naturally congregate their orders due to human psychology's attraction to round numbers. These levels consistently act as powerful support and resistance zones in the market. 🎯 KEY FEATURES: ✅ Four Distinct Level Types - Choose from 1000-pip, 100-pip, 50-pip, 25-pip, and 10-pip psychological levels ✅ Individual Color Customization - Each level type has its own customizable zone and line colors ✅ Separate Zone Width Control - Adjust zone width independently for each level type ✅ Universal Forex Compatibility - Automatically adapts to JPY pairs and all other currency pairs ✅ Extended Coverage - Displays levels far beyond the visible chart area for comprehensive analysis ✅ Fixed Positioning - Levels remain stationary when scrolling or zooming ✅ Fully Customizable Styling - Choose between solid, dashed, or dotted line styles 📊 LEVEL TYPES EXPLAINED: 🟣 1000-pip Levels (e.g., EUR/USD: 1.0000, 2.0000 | USD/JPY: 100.00, 110.00, 120.00) The strongest macro-level psychological barriers in the Forex market Represent massive institutional, long-term price zones Extremely important for position traders, swing traders, and macro analysis Used by hedge funds, banks, and large liquidity providers for major order placement Ideal for identifying long-term support/resistance, trend reversals, and market structure shifts Default color: Purple (highest, macro-level importance) 🔴 100-pip Levels (e.g., EUR/USD: 1.1000, 1.1100, 1.1200 | USD/JPY: 150.00, 151.00, 152.00) The most significant psychological barriers in Forex trading Major round numbers where institutional traders place large orders Strongest support and resistance zones with highest reaction probability Essential for swing trading and position trading strategies Default color: Red (highest importance) 🟠 50-pip Levels (e.g., EUR/USD: 1.1050, 1.1150, 1.1250 | USD/JPY: 150.50, 151.50, 152.50) Secondary psychological levels positioned midway between 100-pip levels Important intermediate zones for profit-taking and order clustering Highly effective for day trading strategies Reliable targets for partial profit exits Default color: Orange (medium-high importance) 🔵 25-pip Levels (e.g., EUR/USD: 1.1025, 1.1075, 1.1125 | USD/JPY: 150.25, 150.75, 151.25) Quartile levels providing granular market structure Perfect for scalping and short-term trading approaches Excellent confluence zones with technical indicators Ideal for tight stop-loss placement Default color: Blue (medium importance) 🟢 10-pip Levels (e.g., EUR/USD: 1.1010, 1.1020, 1.1030 | USD/JPY: 150.10, 150.20, 150.30) Most detailed psychological levels for precision trading Optimal for micro scalping and high-frequency strategies Provides fine-grained market structure analysis Useful for optimizing entry and exit timing Default color: Green (detailed analysis) ⚙️ CUSTOMIZATION OPTIONS: Color Settings (Individual for Each Level): Zone Color - Customize fill color with adjustable transparency Line Color - Set center line color independently Default color scheme uses traffic light logic (Purple → Red → Orange → Blue → Green) Zone Width Settings (Separate for Each Level): 1000-pip Levels: Default 15 pips (widest zones for long-term significance) 100-pip Levels: Default 8 pips (wider zones for major levels) 50-pip Levels: Default 5 pips (medium zones) 25-pip Levels: Default 3 pips (smaller zones) 10-pip Levels: Default 2 pips (narrowest zones for precision) Display Settings: Line Style: Choose between Solid, Dashed, or Dotted Line Thickness: Adjustable from 1 to 5 pixels Level Selection: Toggle each level type on/off independently 💡 TRADING APPLICATIONS: 📈 Support & Resistance Identification Instantly recognize where price is likely to react Identify key reversal zones before they occur Combine with price action for high-probability setups 🎯 Optimal Entry & Exit Points Enter trades at psychological support/resistance Set realistic profit targets at the next psychological level Improve win rate by trading with market psychology 🛡️ Strategic Stop-Loss Placement Position stops just beyond psychological levels to avoid stop hunts Reduce premature stop-outs by understanding where others place stops Protect profits by moving stops to psychological levels 💰 Profit Target Optimization Set take-profit orders at psychological levels where profit-taking occurs Scale out positions at multiple psychological levels Maximize gains by understanding where demand/supply shifts 📊 Breakout Trading Identify when price decisively breaks through major psychological barriers Trade momentum when psychological levels are breached Confirm breakouts using multiple level types as confluence ⚖️ Risk Management Enhancement Calculate better risk-reward ratios using psychological levels Size positions based on distance to next psychological level Improve overall trading consistency 🔬 WHY PSYCHOLOGICAL LEVELS WORK: Psychological levels are self-fulfilling prophecies in financial markets. Because thousands of traders worldwide monitor the same round numbers, these levels naturally attract significant order flow: Order Clustering: Pending buy/sell orders accumulate at round numbers Profit Taking: Traders instinctively close positions at psychological levels Stop Hunts: Market makers often push price to psychological levels to trigger stops Institutional Activity: Banks and funds use round numbers for large order placement Pattern Recognition: Human brains naturally gravitate toward simple, round numbers 📋 TECHNICAL SPECIFICATIONS: ✓ Pine Script Version 6 (latest) ✓ Compatible with all Forex pairs (majors, minors, exotics) ✓ Works on all timeframes (M1 to Monthly) ✓ Automatic JPY pair detection and adjustment ✓ Maximum 500 lines and 500 boxes for optimal performance ✓ Levels extend infinitely across the chart ✓ No repainting - levels are fixed once drawn ✓ Efficient calculation prevents performance issues ✓ Clean visualization without chart clutter 👥 IDEAL FOR: Day Traders: Use 100-pip and 50-pip levels for intraday setups Swing Traders: Focus on major 100-pip levels for multi-day positions Scalpers: Enable 25-pip and 10-pip levels for precision entries Position Traders: Use 100-pip levels for long-term support/resistance analysis Beginner Traders: Learn to recognize important market structure easily Algorithm Developers: Incorporate psychological levels into automated strategies 🚀 HOW TO USE: Add the indicator to any Forex chart Select which level types you want to display (100, 50, 25, 10) Customize colors to match your chart theme Adjust zone widths based on your trading style and timeframe Choose line style (solid, dashed, or dotted) Watch for price reactions at the highlighted psychological zones Use the levels to plan entries, exits, and stop-loss placement 💎 BEST PRACTICES: ✓ Combine with candlestick patterns for confirmation signals ✓ Wait for price action confirmation before entering trades ✓ Use multiple timeframes to identify the most significant levels ✓ Disable 10-pip levels on higher timeframes to reduce visual noise ✓ Enable only 100-pip levels for clean, uncluttered analysis on Daily/Weekly charts ✓ Adjust zone widths based on pair volatility (wider for volatile pairs) ✓ Use color coding to instantly recognize level importance ⚡ PERFORMANCE OPTIMIZED: This indicator is engineered for maximum efficiency: Smart calculation only within visible price range Duplicate prevention system avoids overlapping levels Optimized loops with early break conditions Extended coverage (500 bars) without performance degradation Handles thousands of levels across all timeframes smoothly 🎨 VISUAL DESIGN: The default color scheme follows intuitive importance levels: Purple (1000-pip): Macro-level, highest significance Red (100-pip): Highest importance - major barriers Orange (50-pip): Medium-high importance - secondary levels Blue (25-pip): Medium importance - tertiary levels Green (10-pip): Detailed analysis - precision levels This traffic-light inspired system allows instant visual recognition of level significance. 📚 EDUCATIONAL VALUE: Beyond being a trading tool, this indicator serves as an excellent educational resource for understanding market psychology and how professional traders think. It visually demonstrates where the "crowd" is likely to place orders, helping you develop better market intuition. 🔄 CONTINUOUS UPDATES: This indicator displays levels dynamically based on the current price range, ensuring you always see relevant psychological levels no matter where price moves on the chart. ✨ WHAT MAKES THIS INDICATOR UNIQUE: Unlike simple horizontal line indicators, this advanced tool offers: Individual customization for each level type (colors, widths) Automatic currency pair detection and adjustment Visual zones (not just lines) for better support/resistance visualization Extended coverage ensuring levels are always visible Professional color-coding system for instant level importance recognition Performance-optimized for handling hundreds of levels simultaneously ⭐ PERFECT FOR ALL TRADING STYLES: Whether you're a conservative position trader looking at weekly charts or an aggressive scalper on 1-minute timeframes, this indicator adapts to your needs. Simply enable the appropriate level types and adjust the visualization to match your strategy. Transform your Forex trading with professional-grade psychological level analysis. Add this indicator to your chart today and start trading with the market psychology on your side!
Pine Script® indicator
by Nickpalm
Psychological levelsADVANCED PSYCHOLOGICAL LEVELS - PROFESSIONAL FOREX INDICATOR This highly customizable indicator automatically identifies and visualizes all major psychological price levels across any Forex chart. Psychological levels represent critical price zones where traders naturally congregate their orders due to human psychology's attraction to round numbers. These levels consistently act as powerful support and resistance zones in the market. 🎯 KEY FEATURES: ✅ Four Distinct Level Types - Choose from 100-pip, 50-pip, 25-pip, and 10-pip psychological levels ✅ Individual Color Customization - Each level type has its own customizable zone and line colors ✅ Separate Zone Width Control - Adjust zone width independently for each level type ✅ Universal Forex Compatibility - Automatically adapts to JPY pairs and all other currency pairs ✅ Extended Coverage - Displays levels far beyond the visible chart area for comprehensive analysis ✅ Fixed Positioning - Levels remain stationary when scrolling or zooming ✅ Fully Customizable Styling - Choose between solid, dashed, or dotted line styles 📊 LEVEL TYPES EXPLAINED: 🔴 100-pip Levels (e.g., EUR/USD: 1.1000, 1.1100, 1.1200 | USD/JPY: 150.00, 151.00, 152.00) The most significant psychological barriers in Forex trading Major round numbers where institutional traders place large orders Strongest support and resistance zones with highest reaction probability Essential for swing trading and position trading strategies Default color: Red (highest importance) 🟠 50-pip Levels (e.g., EUR/USD: 1.1050, 1.1150, 1.1250 | USD/JPY: 150.50, 151.50, 152.50) Secondary psychological levels positioned midway between 100-pip levels Important intermediate zones for profit-taking and order clustering Highly effective for day trading strategies Reliable targets for partial profit exits Default color: Orange (medium-high importance) 🔵 25-pip Levels (e.g., EUR/USD: 1.1025, 1.1075, 1.1125 | USD/JPY: 150.25, 150.75, 151.25) Quartile levels providing granular market structure Perfect for scalping and short-term trading approaches Excellent confluence zones with technical indicators Ideal for tight stop-loss placement Default color: Blue (medium importance) 🟢 10-pip Levels (e.g., EUR/USD: 1.1010, 1.1020, 1.1030 | USD/JPY: 150.10, 150.20, 150.30) Most detailed psychological levels for precision trading Optimal for micro scalping and high-frequency strategies Provides fine-grained market structure analysis Useful for optimizing entry and exit timing Default color: Green (detailed analysis) ⚙️ CUSTOMIZATION OPTIONS: Color Settings (Individual for Each Level): Zone Color - Customize fill color with adjustable transparency Line Color - Set center line color independently Default color scheme uses traffic light logic (Red → Orange → Blue → Green) Zone Width Settings (Separate for Each Level): 100-pip Levels: Default 10 pips (wider zones for major levels) 50-pip Levels: Default 7 pips (medium zones) 25-pip Levels: Default 5 pips (smaller zones) 10-pip Levels: Default 3 pips (narrowest zones for precision) Display Settings: Line Style: Choose between Solid, Dashed, or Dotted Line Thickness: Adjustable from 1 to 5 pixels Level Selection: Toggle each level type on/off independently 💡 TRADING APPLICATIONS: 📈 Support & Resistance Identification Instantly recognize where price is likely to react Identify key reversal zones before they occur Combine with price action for high-probability setups 🎯 Optimal Entry & Exit Points Enter trades at psychological support/resistance Set realistic profit targets at the next psychological level Improve win rate by trading with market psychology 🛡️ Strategic Stop-Loss Placement Position stops just beyond psychological levels to avoid stop hunts Reduce premature stop-outs by understanding where others place stops Protect profits by moving stops to psychological levels 💰 Profit Target Optimization Set take-profit orders at psychological levels where profit-taking occurs Scale out positions at multiple psychological levels Maximize gains by understanding where demand/supply shifts 📊 Breakout Trading Identify when price decisively breaks through major psychological barriers Trade momentum when psychological levels are breached Confirm breakouts using multiple level types as confluence ⚖️ Risk Management Enhancement Calculate better risk-reward ratios using psychological levels Size positions based on distance to next psychological level Improve overall trading consistency 🔬 WHY PSYCHOLOGICAL LEVELS WORK: Psychological levels are self-fulfilling prophecies in financial markets. Because thousands of traders worldwide monitor the same round numbers, these levels naturally attract significant order flow: Order Clustering: Pending buy/sell orders accumulate at round numbers Profit Taking: Traders instinctively close positions at psychological levels Stop Hunts: Market makers often push price to psychological levels to trigger stops Institutional Activity: Banks and funds use round numbers for large order placement Pattern Recognition: Human brains naturally gravitate toward simple, round numbers 📋 TECHNICAL SPECIFICATIONS: ✓ Pine Script Version 6 (latest) ✓ Compatible with all Forex pairs (majors, minors, exotics) ✓ Works on all timeframes (M1 to Monthly) ✓ Automatic JPY pair detection and adjustment ✓ Maximum 500 lines and 500 boxes for optimal performance ✓ Levels extend infinitely across the chart ✓ No repainting - levels are fixed once drawn ✓ Efficient calculation prevents performance issues ✓ Clean visualization without chart clutter 👥 IDEAL FOR: Day Traders: Use 100-pip and 50-pip levels for intraday setups Swing Traders: Focus on major 100-pip levels for multi-day positions Scalpers: Enable 25-pip and 10-pip levels for precision entries Position Traders: Use 100-pip levels for long-term support/resistance analysis Beginner Traders: Learn to recognize important market structure easily Algorithm Developers: Incorporate psychological levels into automated strategies 🚀 HOW TO USE: Add the indicator to any Forex chart Select which level types you want to display (100, 50, 25, 10) Customize colors to match your chart theme Adjust zone widths based on your trading style and timeframe Choose line style (solid, dashed, or dotted) Watch for price reactions at the highlighted psychological zones Use the levels to plan entries, exits, and stop-loss placement 💎 BEST PRACTICES: ✓ Combine with candlestick patterns for confirmation signals ✓ Wait for price action confirmation before entering trades ✓ Use multiple timeframes to identify the most significant levels ✓ Disable 10-pip levels on higher timeframes to reduce visual noise ✓ Enable only 100-pip levels for clean, uncluttered analysis on Daily/Weekly charts ✓ Adjust zone widths based on pair volatility (wider for volatile pairs) ✓ Use color coding to instantly recognize level importance ⚡ PERFORMANCE OPTIMIZED: This indicator is engineered for maximum efficiency: Smart calculation only within visible price range Duplicate prevention system avoids overlapping levels Optimized loops with early break conditions Extended coverage (500 bars) without performance degradation Handles thousands of levels across all timeframes smoothly 🎨 VISUAL DESIGN: The default color scheme follows intuitive importance levels: Red (100-pip): Highest importance - major barriers Orange (50-pip): Medium-high importance - secondary levels Blue (25-pip): Medium importance - tertiary levels Green (10-pip): Detailed analysis - precision levels This traffic-light inspired system allows instant visual recognition of level significance. 📚 EDUCATIONAL VALUE: Beyond being a trading tool, this indicator serves as an excellent educational resource for understanding market psychology and how professional traders think. It visually demonstrates where the "crowd" is likely to place orders, helping you develop better market intuition. 🔄 CONTINUOUS UPDATES: This indicator displays levels dynamically based on the current price range, ensuring you always see relevant psychological levels no matter where price moves on the chart. ✨ WHAT MAKES THIS INDICATOR UNIQUE: Unlike simple horizontal line indicators, this advanced tool offers: Individual customization for each level type (colors, widths) Automatic currency pair detection and adjustment Visual zones (not just lines) for better support/resistance visualization Extended coverage ensuring levels are always visible Professional color-coding system for instant level importance recognition Performance-optimized for handling hundreds of levels simultaneously ⭐ PERFECT FOR ALL TRADING STYLES: Whether you're a conservative position trader looking at weekly charts or an aggressive scalper on 1-minute timeframes, this indicator adapts to your needs. Simply enable the appropriate level types and adjust the visualization to match your strategy.
Pine Script® indicator
by Nickpalm
Vinz Win BTC – STRATEGY AUTO 1m🚀 VinzWin BTC Strategy – BTC Scalping AUTO 1 min The VinzWin strategy is based on a simple and highly effective price action pattern: ✅ 2 red candles followed by 1 green candle ✅ Doji filter set to 0 ✅ Trading exclusively on BTC ✅ Session from 12:00 to 12:00 (24/7) ✅ Fixed Risk/Reward at 1:2 ✅ Stop Loss set in fixed € amount ✅ Automatic risk management based on the Stop Loss On every trade: The Stop Loss is defined in fixed euros, The Take Profit is always set at twice the risk, The lot size is automatically adjusted to market conditions, ensuring clean, stable, and fully controlled risk management. 📊 Multi-year backtests are available and show truly outstanding results, with strong consistency and an excellent profit/loss ratio. 👉 A simple, mechanical strategy with no over-optimization, perfectly suited for BTC scalping with fully controlled capital management in euros.
Pine Script® strategy
by Vincent-Aina
Morning ORB FVG Trigger✅ Overview Morning ORB FVG Trigger is a complete intraday trading framework built around: A Morning Opening Range Breakout (ORB) The first Fair Value Gap (FVG) after that breakout Strict risk management and position sizing Optional HTF trend filter (Daily / Weekly / Monthly) Optional Daily ATR filter to avoid extreme days The script is designed for futures / indices / FX on intraday charts up to 15 minutes and for traders who want a clean, mechanical entry framework with clear risk. 🧠 Core idea Define a morning opening range (e.g. 09:30–09:45). Wait for a clean breakout above/below that range. After the breakout, wait for the first FVG in breakout direction, confirmed by the next candle (no immediate full reclaim). Use a chosen stop logic + R:R factor to build risk/reward boxes. Calculate position size based on your account risk. (Optional) Only take trades: In the direction of the HTF EMA trend (D/W/M). On days where the morning range is within a band of the Daily ATR. You can also disable all signals/boxes and use the script just as a visual ORB tool. ⏰ 1. ORB / Morning Range Inputs (Main section) Morning Range Session Time window of the opening range in exchange time Example: 09:30–09:45 for a 15-minute ORB. You can type custom ranges (e.g. 09:30–09:35 for a 5-minute ORB). Risk/Reward (TP factor) Multiplier for the take-profit distance relative to the stop. 2.0 = TP is 2× the stop distance 1.5 = TP is 1.5× the stop distance Show ORB range If enabled, draws: ORB high/low lines ORB labels (e.g. 15min ORB high / low) Optional midline Extend ORB lines to the right (bars) How many bars to extend the ORB high/low horizontally beyond the ORB itself. Trade box width (bars) Horizontal width (in bars) of: Red risk box (entry–stop) Green reward box (entry–TP) Implementation details The ORB is always calculated on 1-minute data internally, so it stays precise even on 5m/15m charts. The script only works on intraday timeframes up to 15 minutes. 📦 2. FVG Block Group: “FVG” Threshold % Minimum size of an FVG in % of price. 0 = every FVG Higher values = only larger gaps Auto threshold (from volatility) If enabled, the minimum FVG size is derived from historical volatility instead of a fixed percentage. Allow breakout FVG partly inside ORB Off (default): the FVG must lie fully outside the ORB. On: the breakout FVG itself may still overlap the ORB a bit, as long as it is the first one attached to the breakout move. Enable FVG entry signals, boxes & alerts On: full system – FVG detection, entry labels, risk/TP boxes, alerts. Off: no entries, no risk/TP boxes, no alerts. You only get the ORB and (optionally) the HTF dashboard, so you can trade your own setups. Entry mode Entry mode (Mid / Edge / NextOpen) Mid – Entry at the midpoint of the FVG. Edge – Long at the upper FVG edge, short at the lower FVG edge. NextOpen – No limit order in the gap. Entry is placed at the next bar open after FVG confirmation. Edge offset (ticks) Additional offset for Edge entries: Long: +ticks = a bit above the FVG (more conservative) -ticks = deeper into the FVG (more aggressive) Short: +ticks = a bit below the FVG -ticks = deeper into the FVG FVG detection logic Uses a LuxAlgo-style 3-candle FVG pattern (gap between candle 1 and 3). Only one FVG is taken: the first valid FVG after the ORB breakout in breakup direction. The FVG candle is the middle bar; the script: Detects the FVG on the previous bar. Waits for the current bar to confirm it: Bullish: current low must stay above the lower FVG boundary Bearish: current high must stay below the upper FVG boundary Only then an entry signal is generated. 🛑 3. Stop Logic Group: “Stop Logic” Stop mode (PrevBar / Pivot / FVG Candle) PrevBar – Stop at the low/high of the candle before the FVG (tight/aggressive). FVG Candle – Stop at the low/high of the FVG candle itself (medium). Pivot – Stop at the most recent swing high/low using pivotLeft / pivotRight pivots (more conservative). Ticks (stop buffer) Offset (in ticks) from the selected stop level. > 0 = further away (more room, more risk) < 0 = closer (tighter stop) Pivot left / Pivot right Number of candles left/right to define a swing high/low when using Pivot stop mode. Typical intraday values: 2–3. The script also sanity-checks the stop: if the calculated stop would be invalid (e.g. above entry in a long), it moves it by a minimal distance (2 ticks) to keep a valid risk. 📈 4. HTF Trend Filter (Daily / Weekly / Monthly) Group: “HTF Trend Filter” Enable HTF trend filter If enabled, trades are only allowed: Long when at least 2 of D/W/M closes are above their EMA Short when at least 2 of D/W/M closes are below their EMA EMA length (D/W/M) EMA length for all three higher timeframes (Daily, Weekly, Monthly). This helps focus entries in the direction of the dominant higher-timeframe trend. 📊 5. ATR Filter (Daily) Group: “ATR Filter (Daily)” Use daily ATR filter If enabled, the height of the ORB (ORB high – ORB low) must be within a band of the Daily ATR to allow any signals. Daily ATR length ATR period on the Daily timeframe. Min ORB size vs ATR Lower bound: Example: 0.3 → ORB must be at least 0.3 × Daily ATR 0.0 = no minimum. Max ORB size vs ATR Upper bound: Example: 1.5 → ORB must be ≤ 1.5 × Daily ATR 0.0 = no maximum. If the ORB is too small (choppy) or too large (exhausted move), no breakout or FVG signal will be generated on that day. 🧭 6. HTF Dashboard & Signal Labels Group: “HTF Trend Dashboard” Show HTF dashboard Draws a small label at the top of the chart showing: HTF Trend (EMA X) D: UP/FLAT/DOWN W: UP/FLAT/DOWN M: UP/FLAT/DOWN Dashboard position Top Right, Top Center, Top Left – places the dashboard at the top. Over Risk Info – no top dashboard; instead, the HTF trend info is shown as a label near the risk box when a new signal appears. Lookback (bars) for top anchor How many bars to use to determine the top price level for dashboard placement. Show HTF trend above risk box on signal Only relevant if Dashboard position = Over Risk Info. When enabled, a small HTF label appears near the risk box for each new trade. Signal label vertical offset (ticks) Vertical spacing between risk info label and HTF label. Minimum spacing HTF/Risk (ticks) Ensures a minimum vertical distance so the two labels don’t overlap. HTF signal label X offset (bars) Horizontal offset (left/right) relative to the risk info label. ⏳ 7. ORB–FVG Filters (Session & Time Window) Group: “ORB FVG Filter” Only same session day If enabled, FVG entries are only allowed on the same calendar day as the ORB. When the date changes, all state & drawings are reset. Limit hours after ORB Enables a time window after the ORB end. Trading window after ORB (hours) Length of that window in hours. Example: 2.0 → FVG signals only in the first 2 hours after ORB end. 💰 8. Risk Management & Position Sizing Group: “Risk Management” Calculate position size If enabled, the script computes suggested mini and micro contract size for you. Account size Your trading account size (in account currency). Risk mode Percent – risk is a % of account size (Account risk %). Fixed amount – risk is a fixed dollar amount (Fixed risk ($)). Account risk % Risk per trade as a percentage of account size (e.g. 1.0 for 1%). Fixed risk ($) Fixed risk per trade in dollars when using Fixed amount mode. Micro factor (vs mini) How much a micro contract is worth relative to a mini. Example: 0.1 → one micro moves 1/10 of one mini. Risk Info label For each new trade, a label is shown above the boxes with: Stop distance in price and $ risk per mini Max risk allowed for the trade Suggested mini and micro size Text like: Suggested: 2 mini Suggested: 5 micro or Suggested: no trade This makes the script especially useful for prop-firm rules or strict risk discipline. 🎨 9. Visual Style (Boxes, Labels, ORB Lines) Group: “Box & Label Style (Trade)” Label font size (Very small, Small, Normal, Large) Entry label BG / text color Stop label BG / text color TP label BG / text color Risk info BG / text color Risk box color (entry–stop zone) Reward box color (entry–TP zone) Group: “ORB Style” ORB high line color ORB low line color ORB line width ORB label font size ORB label background color ORB label text color Show ORB midline ORB midline color / width / style (Solid / Dashed / Dotted) ⚠️ 10. Alerts Group: “Alerts” The script defines three alert conditions: Long entry FVG breakout Triggered when a new long signal appears. Short entry FVG breakout Triggered when a new short signal appears. FVG entry (long/short) Generic alert for any new signal (long or short). To use them: Add the indicator to the chart. Open the Alerts dialog → “Condition”. Select this script and one of the alert conditions. Set your preferred expiration and notification settings. Alerts only fire when Enable FVG entry signals, boxes & alerts is on. 🧩 11. How the trading logic flows (summary) Build ORB on 1-minute data during the selected session. Optionally reject the day if ORB is outside the ATR bounds. Wait for a breakout (close above high or below low), respecting HTF trend filter. After breakout, look for the first valid FVG in that direction: Outside the ORB (unless breakout FVG allowed inside) Confirmed by the next candle (no full reclaim) Once confirmed: Compute entry, stop, target. Draw risk/reward boxes and all labels. Optionally show HTF signal label over the risk info. Trigger alerts if enabled. If you disable FVG signals, only steps 1–3 (plus dashboard) are effectively active. ⚠️ 12. Notes & Disclaimer Script is intended for intraday trading up to 15-minute timeframes. All signals are mechanical and do not guarantee profitability. Always backtest and forward-test on your own data before risking real money. This script is for educational purposes only and is not financial advice. 🚀 Quick-start guide Add the script to your chart Use an intraday timeframe ≤ 15 minutes (1m, 3m, 5m, 15m). Works best on liquid indices, futures, FX and large-cap stocks. Set the Morning Range In “Morning Range Session” choose the exchange’s opening window. Examples US index futures (CME): 08:30–08:45 or 08:30–08:35 US stocks (NYSE/Nasdaq): 09:30–09:45 or 09:30–09:35 The ORB is always calculated on 1-minute data internally, so the range stays accurate on higher intraday charts. Keep the default filters at first HTF Trend Filter: ON EMA length = 20 This will only allow trades in the direction of the dominant D/W/M trend. ATR Filter: OFF (optional; you can enable later once you’re comfortable). Use the full trade system In the FVG group leave “Enable FVG entry signals, boxes & alerts” = ON Entry mode: Mid Stop mode: FVG Candle or PrevBar Risk/Reward: 2.0 as a starting point. Set your risk Turn on “Calculate position size”. Enter your Account size and choose either: Risk mode = Percent (e.g. 1.0 = 1% per trade), or Risk mode = Fixed amount (e.g. $250 per trade). The risk info label will show: Stop distance in price and $/contract Max allowed risk Suggested mini and micro contract size. Enable alerts (optional) Open the Alerts dialog → Condition: this script. Choose one of: Long entry FVG breakout Short entry FVG breakout FVG entry (long/short) Choose “Once per bar” or “Once per bar close”, and your preferred notification type. Replay & journal Use the TradingView bar replay tool to step through past days. Focus on: How the ORB defines the structure. How the first confirmed FVG outside the ORB behaves. Whether the risk/TP levels fit your own style and product. 🎛 Recommended settings & profiles These are starting points, not rules. Always adapt to the instrument and your own risk tolerance. 1. Conservative / Trend-following Timeframe: 5m or 15m Morning Range Session: 15-minute ORB around the cash or futures open FVG Threshold %: 0.05–0.1 (filter out very small gaps) Auto threshold: OFF (keep it simple) Allow breakout FVG partly inside ORB: OFF Enable FVG entry signals/boxes/alerts: ON Entry mode: Mid Stop Logic Stop mode: Pivot Pivot left/right: 2–3 Stop buffer: +1–2 ticks HTF Trend Filter Enabled: ON EMA length: 20 ATR Filter Enabled: ON Daily ATR length: 14 Min ORB vs ATR: 0.3–0.4 Max ORB vs ATR: 1.2–1.5 Risk Management Risk mode: Percent Account risk: 0.5–1.0% Idea: Only trade when the higher-timeframe trend supports the move and the opening range is of a “normal” size for the current volatility. 2. Balanced / Intraday directional Timeframe: 3m or 5m FVG Threshold %: 0.02–0.05 Auto threshold: ON (lets the script adapt to volatility) Allow breakout FVG partly inside ORB: ON (first breakout FVG may partly sit inside the ORB) Entry mode: Edge Edge offset (ticks): 0 or +1 Stop Logic Stop mode: FVG Candle Stop buffer: 0–1 ticks HTF Trend Filter Enabled: ON ATR Filter Enabled: OFF (optional) Risk Management Risk mode: Percent Account risk: 1.0–1.5% (if this fits your plan) Idea: Slightly more aggressive entries at the gap edge, still aligned with HTF trend, but with more flexibility on ATR. 3. Aggressive / Scalping around the ORB Timeframe: 1m or 3m FVG Threshold %: 0.0–0.02 Auto threshold: ON Allow breakout FVG partly inside ORB: ON Entry mode: NextOpen or Edge with a negative offset (deeper into the gap) Stop Logic Stop mode: PrevBar Stop buffer: 0 or -1 tick HTF Trend Filter Enabled: OFF (or ON but treat as soft guidance) ATR Filter Enabled: OFF Risk Management Risk mode: Percent Account risk: lower, e.g. 0.25–0.5% per trade Idea: More trades and tighter stops. Best for experienced traders who understand the limitations of scalping and whipsaw risk. Final reminder All of these are templates, not guarantees: Always check how the system behaves on your market and session. Start on replay and demo before trading real money. Adjust filters (HTF, ATR, thresholds) until the signals fit your personal approach.
Pine Script® indicator
by SebastianMaywald
1
CIHAN SCALP PRO v3 ELITEI’m sharing a testable scalping strategy: When you see a Long or Short signal, you can open a position without waiting for the candle to close and take quick profits with a short TP. But the real game-changer is coming soon! The Professional Scalping System I’ve been working on, with 85%+ accuracy, is almost ready. This system is fully mechanical — no analysis needed, it instantly catches momentum and trend shifts. It will be available soon with a small monthly subscription fee. Stay tuned!
Pine Script® indicator
by cihank12378
2
Filter Trend1. Indicator Name Premium EMA Ribbon Filter (Pro Version) (Advanced Trend & Momentum Filtering System Based on EMA Ribbons) 2. One-Line Introduction A professional trend-analysis indicator that blends an advanced noise-filtering algorithm with an EMA ribbon system to extract only the pure bullish/bearish trend while smoothing out market noise. 3. Overall Description (7+ lines) The Premium EMA Ribbon Filter is more than just a set of EMAs. It analyzes the structure of a fast, medium, and slow EMA ribbon—along with the spacing and alignment between them—to determine whether the market is in a bullish trend, bearish trend, or a neutral/noise-heavy zone. The core of this indicator is its noise-reduction algorithm and trend-strength calculation system. Instead of relying on simple EMA cross signals, it evaluates how consistently the ribbon maintains bullish/bearish alignment over a specified period and highlights only strong trends with color coding, while weak or noisy areas are displayed in gray. This helps traders avoid confusing or false signals and clearly focus only on the “meaningful zones.” A Triple-Smoothing System is applied to create smoother, more refined ribbon movements, forming a stable “premium trend curve” that is less affected by short-term volatility. As a result, this indicator works effectively for scalping, swing trading, and long-term trend following—staying true to the principle of removing noise and highlighting only the core market flow. 4. Short Advantages (6 items) ① Complete Noise Filtering Using EMA ribbon comparison + tolerance logic, false reversals are largely eliminated, leaving only stable trend phases. ② Highly Readable Color System Bullish trends are mint, bearish trends are red, and neutral/noise zones are gray—instantly visualizing market conditions. ③ Trend Strength Visualization Not only trend direction but also trend strength is displayed via dynamic color transparency. ④ Smooth, Premium-Style Ribbon Design Triple-smoothing creates a refined, luxury-level smoothness in movement. ⑤ Works Across All Timeframes From 1-minute scalping to daily/weekly macro trend analysis. ⑥ Excellent Real-Trading Compatibility Works extremely well when combined with ATR, SuperTrend, and volume-based indicators. Indicator Manual (Required Section) 📌 Understanding the Core Concept The indicator uses three EMAs (e.g., 20/50/100) arranged as a ribbon to analyze the structural alignment of the trend. When the EMAs are cleanly aligned Top → Middle → Bottom, the market is in a bullish trend. When aligned Bottom → Middle → Top, the market is in a bearish trend. The indicator further evaluates the ribbon spread (gap) and the consistency of alignment to compute trend strength. Noisy market conditions are shaded gray to clearly indicate “uncertain/indecisive” zones. ⚙️ Settings Description Option Description Fast EMA Most sensitive EMA; detects early trend signals Mid EMA Stabilizes the primary trend direction Slow EMA Defines the broader, long-term trend flow Trend Lookback The period used to analyze trend strength Noise Tolerance (%) Higher values = stronger noise removal Smoothing Steps Controls how smooth the ribbon becomes 📈 Example Recognition A bullish continuation/entry scenario forms when: EMAs align in the order Fast → Mid → Slow (top side) Ribbon color shifts into mint (strong bullish trend) The ribbon begins to expand while price stays above the ribbon 📉 Example Recognition A bearish continuation/entry occurs when: EMAs align Fast → Mid → Slow (bottom side) Ribbon color remains red After contracting, the ribbon expands again during renewed downside strength 🧪 Recommended Usage Combine with volume-based indicators (OBV, Volume Profile) → enhanced strong-trend detection Use with SuperTrend or ATR Stop → clearer stop-loss placement Combine with RSI/Stoch → avoid counter-trend entries in overheated conditions Higher leverage traders should use higher tolerance settings 🔒 Cautions EMA ribbons are trend-following tools; signals may weaken in ranging/sideways markets. Never rely solely on this indicator—always confirm with volume, price patterns, or structure. Very low Lookback values may cause excessive re-entry signals. In high-volatility environments, ribbon spacing can contract/expand rapidly—use with caution.
Pine Script® indicator
by c9indicator
1
ULTIMATE ORDER FLOW SYSTEM🔥 ULTIMATE ORDER FLOW SYSTEM Overview This comprehensive order flow analysis tool combines **Volume Profile**, **Cumulative Delta**, and **Large Order Detection** to identify high-probability trading setups. The script analyzes institutional order flow patterns and volume distribution to pinpoint key levels where price is likely to react. 📊 Core Components & Methodology 🔥 ULTIMATE ORDER FLOW SYSTEM Overview This comprehensive order flow analysis tool combines Volume Profile, Cumulative Delta, and Large Order Detection to identify high-probability trading setups. The script analyzes institutional order flow patterns and volume distribution to pinpoint key levels where price is likely to react. ________________________________________ 📊 Core Components & Methodology 1. Volume Profile Analysis The script constructs a horizontal volume profile by: • Dividing the price range into configurable rows (default: 20) • Accumulating volume at each price level over a lookback period (default: 50 bars) • Separating buy volume (green bars close > open) from sell volume (red bars) • Identifying three critical levels: o POC (Point of Control): Price level with highest traded volume - acts as a strong magnet o VAH/VAL (Value Area High/Low): Contains 70% of total volume - defines fair value zone o HVN (High Volume Nodes): Resistance zones where institutions accumulated positions o LVN (Low Volume Nodes): Thin zones that price moves through quickly - ideal targets Why This Matters: Institutional traders leave footprints through volume. HVN zones show where large players defended levels, making them reliable support/resistance. ________________________________________ 2. Cumulative Delta (Order Flow) Tracks the running total of buying vs selling pressure: • Bar Delta: Difference between buy and sell volume per candle • Cumulative Delta: Sum of all bar deltas - shows net directional pressure • Delta Moving Average: Smoothed delta (20-period) to identify trend • Delta Divergences: o Bullish: Price makes lower low, but delta makes higher low (absorption at bottom) o Bearish: Price makes higher high, but delta makes lower high (exhaustion at top) How It Works: When cumulative delta trends up while price consolidates, it signals accumulation. Delta divergences reveal when smart money is positioned opposite to retail expectations. ________________________________________ 3. Large Order Detection Identifies institutional-sized orders in real-time: • Compares current bar volume to 20-period moving average • Flags orders exceeding 2.5x average volume (configurable multiplier) • Distinguishes bullish (green circles below) vs bearish (red circles above) large orders Rationale: Sudden volume spikes at key levels indicate institutional participation - the "fuel" needed for breakouts or reversals. ________________________________________ 🎯 Trading Signal Logic Combined Setup Criteria The script generates SHORT and LONG signals when multiple conditions align: SHORT Signal Requirements: 1. Price reaches an HVN resistance zone (within 0.2%) 2. Large sell order detected (volume spike + red candle) 3. Cumulative delta is bearish OR bearish divergence present 4. 10-bar cooldown between signals (prevents overtrading) LONG Signal Requirements: 1. Price reaches an HVN support zone 2. Large buy order detected (volume spike + green candle) 3. Cumulative delta is bullish OR bullish divergence present 4. 10-bar cooldown enforced ________________________________________ 🔧 Customization Options Setting - Purpose - Recommendation Volume Profile Rows - Granularity of level detection - 20 (balanced) Lookback Period - Historical data analyzed - 50 bars (intraday), 200 (swing) Large Order Multiplier - Sensitivity to volume spikes - 2.5x (standard), 3.5x (conservative) HVN Threshold - Resistance zone detection - 1.3 (default) LVN Threshold - Target zone identification - 0.6 (default) Divergence Lookback - Pivot detection period - 5 bars (responsive) ________________________________________ 📈 Dashboard Indicators The real-time panel displays: • POC: Current Point of Control price • Location: Whether price is at HVN resistance • Orders: Current large buy/sell activity • Cumulative Δ: Net order flow value + trend direction • Divergence: Active bullish/bearish divergences • Bar Strength: % of candle volume that's directional (>65% = strong) • SETUP: Current trade signal (LONG/SHORT/WAIT) ________________________________________ 🎨 Visual System • Yellow POC Line: Highest volume level - primary pivot • Blue Value Area Box: Fair value zone (VAH to VAL) • Red HVN Zones: Resistance/support from institutional accumulation • Green LVN Zones: Low-liquidity targets for quick moves • Volume Bars: Green (buy pressure) vs Red (sell pressure) distribution • Triangles: LONG (green up) and SHORT (red down) entry signals • Diamonds: Divergence warnings (cyan=bullish, fuchsia=bearish) ________________________________________ 💡 How This Script Is Unique Unlike standalone volume profile or delta indicators, this script: 1. Synthesizes three complementary methods - volume structure, order flow momentum, and liquidity detection 2. Requires multi-factor confirmation - signals only trigger when price, volume, and delta align at key zones 3. Adapts to market regime - delta filters ensure you're trading with the dominant order flow direction 4. Provides context, not just signals - the dashboard helps you understand why a setup is forming ________________________________________ ⚙️ Best Practices Timeframes: • 5-15 min: Scalping (use 30-50 bar lookback) • 1-4 hour: Swing trading (use 100-200 bar lookback) Risk Management: • Enter on signal candle close • Stop loss: Beyond nearest HVN/LVN zone • Target 1: Next LVN level • Target 2: Opposite value area boundary Filters: • Avoid signals during major news events • Require bar delta strength >65% for aggressive entries • Wait for delta MA cross confirmation in ranging markets ________________________________________ 🚨 Alerts Available • Long Setup Trigger • Short Setup Trigger • Bullish/Bearish Divergence Detection • Large Buy/Sell Order Execution ________________________________________ 📚 Educational Context This methodology is based on principles used by professional order flow traders: • Market Profile Theory: Volume distribution reveals fair value • Tape Reading: Large orders show institutional intent • Auction Theory: Price seeks areas of liquidity imbalance (LVN zones) The script automates pattern recognition that discretionary traders spend years learning to identify manually. ________________________________________ ⚠️ Disclaimer This indicator is a trading tool, not a trading system. It identifies high-probability setups based on order flow analysis but requires proper risk management, market context, and trader discretion. Past performance does not guarantee future results. ________________________________________ Version: 6 (Pine Script) Type: Overlay + Separate Pane (Delta Panel) Resource Usage: Moderate (500 bars history, 500 lines/boxes) ________________________________________ For questions or support, please comment below. If you find this script valuable, please boost and favorite! 🚀 1. Volume Profile Analysis The script constructs a horizontal volume profile by: - Dividing the price range into configurable rows (default: 20) - Accumulating volume at each price level over a lookback period (default: 50 bars) - Separating buy volume (green bars close > open) from sell volume (red bars) - Identifying three critical levels: - POC (Point of Control): Price level with highest traded volume - acts as a strong magnet - VAH/VAL (Value Area High/Low): Contains 70% of total volume - defines fair value zone - HVN (High Volume Nodes): Resistance zones where institutions accumulated positions - LVN (Low Volume Nodes): Thin zones that price moves through quickly - ideal targets Why This Matters: Institutional traders leave footprints through volume. HVN zones show where large players defended levels, making them reliable support/resistance. --- 2. Cumulative Delta (Order Flow) Tracks the running total of buying vs selling pressure: - **Bar Delta**: Difference between buy and sell volume per candle - **Cumulative Delta**: Sum of all bar deltas - shows net directional pressure - **Delta Moving Average**: Smoothed delta (20-period) to identify trend - **Delta Divergences**: - **Bullish**: Price makes lower low, but delta makes higher low (absorption at bottom) - **Bearish**: Price makes higher high, but delta makes lower high (exhaustion at top) **How It Works**: When cumulative delta trends up while price consolidates, it signals accumulation. Delta divergences reveal when smart money is positioned opposite to retail expectations. --- ### 3. **Large Order Detection** Identifies **institutional-sized orders** in real-time: - Compares current bar volume to 20-period moving average - Flags orders exceeding 2.5x average volume (configurable multiplier) - Distinguishes bullish (green circles below) vs bearish (red circles above) large orders **Rationale**: Sudden volume spikes at key levels indicate institutional participation - the "fuel" needed for breakouts or reversals. --- ## 🎯 Trading Signal Logic ### Combined Setup Criteria The script generates **SHORT** and **LONG** signals when multiple conditions align: **SHORT Signal Requirements:** 1. Price reaches an HVN resistance zone (within 0.2%) 2. Large sell order detected (volume spike + red candle) 3. Cumulative delta is bearish OR bearish divergence present 4. 10-bar cooldown between signals (prevents overtrading) **LONG Signal Requirements:** 1. Price reaches an HVN support zone 2. Large buy order detected (volume spike + green candle) 3. Cumulative delta is bullish OR bullish divergence present 4. 10-bar cooldown enforced --- ## 🔧 Customization Options | Setting | Purpose | Recommendation | |---------|---------|----------------| | **Volume Profile Rows** | Granularity of level detection | 20 (balanced) | | **Lookback Period** | Historical data analyzed | 50 bars (intraday), 200 (swing) | | **Large Order Multiplier** | Sensitivity to volume spikes | 2.5x (standard), 3.5x (conservative) | | **HVN Threshold** | Resistance zone detection | 1.3 (default) | | **LVN Threshold** | Target zone identification | 0.6 (default) | | **Divergence Lookback** | Pivot detection period | 5 bars (responsive) | --- ## 📈 Dashboard Indicators The real-time panel displays: - **POC**: Current Point of Control price - **Location**: Whether price is at HVN resistance - **Orders**: Current large buy/sell activity - **Cumulative Δ**: Net order flow value + trend direction - **Divergence**: Active bullish/bearish divergences - **Bar Strength**: % of candle volume that's directional (>65% = strong) - **SETUP**: Current trade signal (LONG/SHORT/WAIT) --- ## 🎨 Visual System - **Yellow POC Line**: Highest volume level - primary pivot - **Blue Value Area Box**: Fair value zone (VAH to VAL) - **Red HVN Zones**: Resistance/support from institutional accumulation - **Green LVN Zones**: Low-liquidity targets for quick moves - **Volume Bars**: Green (buy pressure) vs Red (sell pressure) distribution - **Triangles**: LONG (green up) and SHORT (red down) entry signals - **Diamonds**: Divergence warnings (cyan=bullish, fuchsia=bearish) --- ## 💡 How This Script Is Unique Unlike standalone volume profile or delta indicators, this script: 1. **Synthesizes three complementary methods** - volume structure, order flow momentum, and liquidity detection 2. **Requires multi-factor confirmation** - signals only trigger when price, volume, and delta align at key zones 3. **Adapts to market regime** - delta filters ensure you're trading with the dominant order flow direction 4. **Provides context, not just signals** - the dashboard helps you understand *why* a setup is forming --- ## ⚙️ Best Practices **Timeframes:** - 5-15 min: Scalping (use 30-50 bar lookback) - 1-4 hour: Swing trading (use 100-200 bar lookback) **Risk Management:** - Enter on signal candle close - Stop loss: Beyond nearest HVN/LVN zone - Target 1: Next LVN level - Target 2: Opposite value area boundary **Filters:** - Avoid signals during major news events - Require bar delta strength >65% for aggressive entries - Wait for delta MA cross confirmation in ranging markets --- ## 🚨 Alerts Available - Long Setup Trigger - Short Setup Trigger - Bullish/Bearish Divergence Detection - Large Buy/Sell Order Execution --- ## 📚 Educational Context This methodology is based on principles used by professional order flow traders: - **Market Profile Theory**: Volume distribution reveals fair value - **Tape Reading**: Large orders show institutional intent - **Auction Theory**: Price seeks areas of liquidity imbalance (LVN zones) The script automates pattern recognition that discretionary traders spend years learning to identify manually. --- ## ⚠️ Disclaimer This indicator is a **trading tool, not a trading system**. It identifies high-probability setups based on order flow analysis but requires proper risk management, market context, and trader discretion. Past performance does not guarantee future results. --- **Version**: 6 (Pine Script) **Type**: Overlay + Separate Pane (Delta Panel) **Resource Usage**: Moderate (500 bars history, 500 lines/boxes) --- *For questions or support, please comment below. If you find this script valuable, please boost and favorite!* 🚀
Pine Script® indicator
by harshivsymposium