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Variance Ratio & Efficiency Ratio (Quant Lab)1️⃣ Variance Ratio (VR) Formula: VR ≈ Var(q-step returns) / (q × Var(1-step returns)) Interpretation: • VR ≈ 1 → The market is like a random walk; neither trend nor mean-reversion is dominant. • VR > 1 → Trend behavior is dominant. • Trend-following systems (EMA, Supertrend, breakout) work better. • VR < 1 → Mean-reversion is dominant. • Range/reversal strategies (Z-score, Bollinger fade, RSI reversal) work better. In short: • VR > 1 → Trending market • VR < 1 → Mean-reverting market This tells you: “Should I build a trend system or a mean-reversion system for this instrument?” ⸻ 2️⃣ Efficiency Ratio (ER) Formula logic: ER = |Close_now – Close_n-bars-ago| / Σ|Close_i – Close_{i+1}| In other words: • Numerator → Net movement over N bars • Denominator → Total noise over N bars Interpretation: • ER ≈ 1 → The price has moved in almost a straight line in one direction. → The trend is very efficient, noise is low. • ER ≈ 0 → The price has fluctuated a lot but hasn't gone anywhere definitively. → A complete noise/range market. This tells you: “How clear is the trend in this last N bars, and how much noise is there?” ⸻ 🔥 The intelligence provided by both together: • VR > 1 and ER is high (0.6–1.0) → ➜ Strong, high-quality trend. Golden age for trend-following. • VR > 1 but ER is low (0.2–0.4) → ➜ Trend exists but there is a lot of noise, many fake movements. • VR < 1 and ER is low → ➜ Net range / sideways market. Ideal for mean-reversion.
Pine Script® indicator
by akmans
MTF Dashboard Pro v2.3 © 2025 - Sachin ThakareMTF Dashboard Pro v2.3 — A premium multi-timeframe market dashboard created for professional traders. Features include: • MTF EMA Trend (9/21) • MTF 200 MA System with Threshold Logic • Session-based VWAP (Daily Reset) • SuperTrend (Corrected Direction Engine) • RSI / MACD / ADX / Alligator • Stochastic (Correct Pine Signature) • Daily PDH / PDL Bias • 11-Signal Institutional Bias Score • Trend Strength Classification (Strong Bull → Strong Bear) • Multi-TF Alerts for Strong Bull / Strong Bear • Optimized Table Engine & Enhanced Performance Designed for Scalping, intraday, swing, and high-precision market bias evaluation across 3m → 1M timeframes. Built & optimized by Sachin Thakare (2025 Edition).
Pine Script® indicator
by sachinthakare1971
RSI Candles Pro [MTF]**RSI Candles Pro** ## **Overview** The RSI Candles Pro indicator provides an advanced framework for visualizing RSI momentum through candlestick representation, structural analysis, and multi-dimensional confirmation signals. Unlike conventional RSI oscillators that display only a line plot, this system transforms RSI into a complete OHLC candlestick chart with integrated strength metrics, structural break detection, divergence analysis, and dynamic support/resistance mapping. Each element adapts continuously to RSI behavior, offering traders a living map of momentum shifts, structural changes, and reversal potential. The indicator doesn't simply show overbought/oversold conditions—it quantifies momentum strength, tracks structural breaks, detects price-RSI divergences, and projects key inflection levels with precision. The result is a comprehensive, momentum-aware representation of market structure: - **RSI OHLC Candles** visualize momentum direction, strength, and conviction through candlestick patterns with dynamic color intensity. - **Strength Scoring System** quantifies momentum conviction using distance from neutral, momentum acceleration, and candle body characteristics. - **RSI Structure Lines & Zones** connect swing highs and lows, creating visual support/resistance zones within RSI space. - **Break of Structure (BOS) Detection** identifies decisive momentum shifts when RSI breaks previous structural levels, complete with projected support/resistance lines. - **Auto Pivot Horizontal Lines** dynamically map key RSI levels where price repeatedly reacts, serving as momentum inflection zones. - **Divergence Detection** captures classic bullish and bearish divergences between price action and RSI behavior, flagging potential reversal conditions. Unlike static RSI line plots or simple zone highlighting, RSI Candles Pro fuses candlestick visualization with structural awareness, strength quantification, and divergence analysis to provide a clear, multi-dimensional picture of momentum dynamics and potential turning points. --- ## **Theoretical Foundation** The RSI Candles Pro indicator builds on principles of **momentum oscillation theory**, **structural market analysis**, and **divergence recognition**—concepts widely used by technical analysts to identify trend strength, exhaustion, and reversal conditions. Standard RSI indicators display momentum as a single line crossing threshold levels, but this approach ignores critical dimensions: **momentum strength**, **structural context**, and **rate of change acceleration**. This indicator recognizes that RSI behavior can be decomposed into candlestick patterns that reveal conviction, hesitation, and reversal signals just as price candles do. At its core are six interacting components: ### **1. RSI OHLC Candlestick Construction** The indicator calculates RSI independently for open, high, low, and close prices within each bar, creating true RSI candlesticks rather than a single-line plot. This reveals: - **Momentum direction** (bullish vs. bearish candles) - **Momentum volatility** (wick length shows RSI range) - **Momentum conviction** (body size indicates decisiveness) - **Indecision patterns** (doji candles signal momentum exhaustion) ### **2. Strength Scoring Algorithm** A composite strength score quantifies momentum conviction by analyzing three factors: - **Distance from neutral (50 level)**: Greater distance indicates stronger directional bias - **Momentum acceleration**: Rate of RSI change over recent bars reveals building or fading momentum - **Body-to-range ratio**: Larger bodies relative to total candle range show decisive momentum vs. indecision This produces a 0-100 strength score that dynamically adjusts candle transparency—strong moves appear vibrant, weak moves appear faded—providing instant visual feedback on momentum quality. ### **3. RSI EMA with Slope-Sensitive Coloring** A smoothed exponential moving average of RSI serves as a trend filter, but with a critical enhancement: **dynamic color coding based on slope direction**. When the RSI EMA slopes upward, it displays in bullish color; when sloping downward, bearish color. This provides instant trend context and filters noise from raw RSI fluctuations. ### **4. RSI Structural Framework** The indicator identifies swing highs and lows within RSI space using pivot detection, then: - **Connects consecutive swings with lines** to visualize RSI trend channels - **Creates shaded zones between swings** to highlight support/resistance regions in momentum space - **Implements cooloff periods** to prevent redundant signals and maintain chart clarity These structural elements reveal whether RSI is forming higher highs/higher lows (bullish structure) or lower highs/lower lows (bearish structure). ### **5. Break of Structure (BOS) Logic** The system detects **decisive momentum shifts** when RSI breaks previous structural levels in alignment with RSI EMA trend direction: - **Bullish BOS**: RSI breaks above previous swing high while RSI EMA is rising - **Bearish BOS**: RSI breaks below previous swing low while RSI EMA is falling When BOS occurs, the indicator automatically: - Places a BOS label at the breakout point - Projects a support/resistance line forward (20+ bars) - Creates a shaded zone around the S/R level - Provides tooltip information with exact S/R values This gives traders actionable levels where momentum shifts may be defended or rejected. ### **6. Price-RSI Divergence Detection** Classic divergence analysis identifies conditions where price and momentum disagree: - **Bullish Divergence**: Price makes lower low, RSI makes higher low (momentum refusing to confirm weakness) - **Bearish Divergence**: Price makes higher high, RSI makes lower high (momentum weakening despite price strength) Divergences often precede significant reversals, providing early warning signals before price structure breaks. ### **7. Auto Pivot Horizontal Lines** The indicator dynamically tracks historical RSI pivot points and plots horizontal lines at these levels, extended forward in time. These act as **momentum support/resistance zones**—levels where RSI has repeatedly turned in the past and may respect again in the future. The system: - Detects unique pivot levels (filtering duplicates within 2 RSI points) - Maintains a configurable maximum number of lines per side - Optionally extends lines infinitely right for persistent reference - Labels each line with its exact RSI value By integrating these elements, the indicator provides both micro-level momentum analysis (individual candle strength) and macro-level structural context (swing patterns, BOS events, divergences, key levels), maintaining clarity while revealing momentum dynamics in real time. --- ## **How It Works** The RSI Candles Pro indicator operates through layered processing stages: ### **Stage 1: RSI OHLC Calculation** - Four independent RSI calculations are performed for each bar: RSI(open), RSI(high), RSI(low), RSI(close) - These are combined to form RSI candlesticks: - **RSI Open/Close**: Determines candle body direction and size - **RSI High**: Highest value among all four RSI calculations becomes upper wick - **RSI Low**: Lowest value among all four RSI calculations becomes lower wick - This creates a complete candlestick representation in RSI space that mirrors price action behavior ### **Stage 2: Strength Score Computation** For each RSI candle, a composite strength score is calculated: This score drives **dynamic transparency**: strong moves (score > 70) display with high opacity, weak moves (score < 40) display faded, providing instant visual feedback on momentum quality. ### **Stage 3: RSI EMA Trend Filter** - An exponential moving average smooths RSI values over a configurable period (default 9) - The slope is calculated: `rsiEmaSlope = rsiEMA - rsiEMA ` - Dynamic coloring: - **Positive slope** → Green/Bullish color - **Negative slope** → Red/Bearish color - **Flat slope** → Gray/Neutral color - This provides trend context and filters out noise from raw RSI oscillations ### **Stage 4: Structural Swing Detection** - Swing highs and lows are identified using pivot detection with configurable lookback (default 5 bars left/right) - **Cooloff mechanism** prevents redundant signals by requiring minimum bars between swings (default 8) - When new swings are detected: - Previous swing values are stored for BOS comparison - Lines connect consecutive swings to visualize momentum structure - Shaded boxes (zones) highlight the range between swings as support/resistance regions ### **Stage 5: Break of Structure (BOS) Analysis** The system monitors RSI behavior relative to previous structural levels: **Bullish BOS triggers when:** 1. RSI EMA slope is positive (uptrend filter) 2. Current RSI close exceeds previous swing high 3. Previous bar's RSI was below that swing high (confirms break) 4. Cooloff period has elapsed since last bullish BOS (default 10 bars) **Bearish BOS triggers when:** 1. RSI EMA slope is negative (downtrend filter) 2. Current RSI close breaks below previous swing low 3. Previous bar's RSI was above that swing low (confirms break) 4. Cooloff period has elapsed since last bearish BOS Upon BOS detection, the indicator automatically: - Places a labeled marker at the breakout point - Calculates S/R level with buffer (e.g., RSI low - 0.5 points for bullish BOS) - Draws a dashed S/R line extending forward (configurable, default 20 bars) - Creates a shaded S/R zone (±0.5 points from line) - Adds an "S/R" label at the line's end ### **Stage 6: Auto Pivot Line Management** - Pivot highs and lows are detected using a separate lookback period (default 5) - When a new pivot forms: - System checks if a similar level already exists (within 2 RSI points) - If unique, adds a horizontal line at that RSI value - Lines are stored in arrays with configurable maximum capacity (default 4 per side) - Oldest lines are automatically removed when capacity is exceeded - Optional labels display exact RSI values at pivot levels ### **Stage 7: Divergence Detection** The system compares price pivot points with RSI pivot points: **Bearish Divergence:** - Price makes higher high compared to previous pivot high - RSI makes lower high compared to previous RSI pivot high - RSI must be above 50 (mid-level) to confirm overbought context - Triangle-down marker placed above candle with "DIV" text **Bullish Divergence:** - Price makes lower low compared to previous pivot low - RSI makes higher low compared to previous RSI pivot low - RSI must be below 50 to confirm oversold context - Triangle-up marker placed below candle with "DIV" text ### **Stage 8: Strength Dot Visualization** Colored dots appear according to Delta Volume strength: ### **Stage 9: Real-Time Info Table** Through these processes, the indicator creates a living, adaptive representation of RSI behavior that reveals both momentum strength and structural context in real time. --- ## **Interpretation** The RSI Candles Pro indicator reframes momentum reading from simple overbought/oversold levels to structured awareness of momentum behavior: ### **Candle Patterns** - **Large-bodied bullish candles (vibrant green)**: Strong, decisive bullish momentum—continuation likely - **Large-bodied bearish candles (vibrant red)**: Strong, decisive bearish momentum—continuation likely - **Small-bodied or doji candles (faded/gray)**: Indecision or momentum exhaustion—reversal possible - **Long upper wicks**: Failed bullish momentum—rejection at resistance - **Long lower wicks**: Failed bearish momentum—support holding ### **RSI EMA Trend Context** - **RSI EMA rising (green)**: Momentum uptrend—favor bullish setups - **RSI EMA falling (red)**: Momentum downtrend—favor bearish setups - **RSI EMA flat (gray)**: Momentum consolidation—wait for directional clarity ### **Structural Analysis** - **RSI making higher swing lows with rising EMA**: Bullish structure intact—look for dip-buying opportunities - **RSI making lower swing highs with falling EMA**: Bearish structure intact—look for rally-selling opportunities - **Shaded structure zones**: Key support/resistance in momentum space—expect reactions at these levels ### **Break of Structure Signals** - **Bullish BOS + S/R line**: Momentum confirming upward shift—S/R line becomes support if price dips - **Bearish BOS + S/R line**: Momentum confirming downward shift—S/R line becomes resistance if price rallies - **S/R line break**: Momentum structure failing—potential reversal or deeper retracement ### **Pivot Lines** - **Price approaching RSI pivot high**: Momentum resistance—watch for rejection or breakout - **Price approaching RSI pivot low**: Momentum support—watch for bounce or breakdown - **Multiple pivot lines clustered**: Strong momentum support/resistance zone—high-probability reaction area ### **Divergences** - **Bullish divergence in oversold zone**: Momentum refusing to make new lows despite price weakness—reversal setup - **Bearish divergence in overbought zone**: Momentum weakening despite price strength—reversal setup - **Divergence + structure break**: High-conviction reversal signal—combined technical and momentum confirmation ### **Strength Dots** - **Large dots**: High-conviction moves—reliable trend continuation signals - **Small dots**: Low-conviction moves—increased reversal risk, avoid chasing - **Diamond warnings in extremes**: Overextended conditions—prepare for mean reversion ### **Zone Background** - **Red background (RSI > 70)**: Overbought—watch for bearish divergence or momentum exhaustion - **Green background (RSI < 30)**: Oversold—watch for bullish divergence or momentum recovery - **No background (30-70)**: Neutral zone—rely on structure and BOS for directional bias --- ## **Strategy Integration** RSI Candles Pro integrates seamlessly into momentum-based and reversal trading systems: ### **Trend Continuation Strategies** - **Entry trigger**: Bullish BOS in rising RSI EMA context with strong candle (large dot) - **Confirmation**: Price respecting S/R line as support on pullback - **Exit**: Bearish divergence or RSI candle indecision (doji) at pivot resistance ### **Reversal Strategies** - **Setup**: Divergence forming in extreme zone (RSI > 70 or < 30) - **Trigger**: RSI structure break opposite to prevailing trend (bearish BOS in uptrend) - **Confirmation**: RSI EMA slope change + decisive candle in reversal direction - **Entry**: On pullback to S/R line or pivot level ### **Momentum Fade Strategies** - **Signal**: Small strength dots appearing in extreme zones - **Setup**: RSI touching pivot resistance/support with indecision candle - **Entry**: Opposite-direction candle with medium/large dot - **Stop**: Beyond recent RSI structure level ### **Structure-Based Entries** - **Align higher-timeframe RSI trend** (EMA slope direction) - **Wait for lower-timeframe BOS** in alignment with higher trend - **Enter on retest** of S/R line with strength confirmation (large dot) - **Scale out** at next pivot level or divergence signal ### **Multi-Indicator Confluence** Combine RSI Candles Pro with: - **Price structure indicators** (Smart Money Concepts, market structure) for trade direction - **Volume indicators** to confirm momentum with participation - **Volatility indicators** (ATR, Bollinger Bands) for position sizing context - **Institutional Zone Detector** for volume profile alignment—RSI BOS + price at VAL/VAH = high-conviction entry ### **Multi-Timeframe Coordination** - **Higher timeframe** (4H-Daily): Identify RSI EMA trend direction and major structure - **Lower timeframe** (15min-1H): Execute entries on BOS signals aligned with higher timeframe - **Micro timeframe** (1-5min): Fine-tune entries using strength dots and pivot reactions --- ## **Technical Implementation Details** ### **Core Engine** - **RSI OHLC calculation**: Four independent RSI computations per bar create candlestick representation - **Strength scoring**: Multi-factor composite algorithm quantifies momentum conviction - **Dynamic transparency**: Real-time opacity adjustment based on strength score ### **Structural Framework** - **Pivot-based swing detection**: Configurable left/right bar lookback with cooloff mechanism - **Line and zone visualization**: Connects consecutive swings with shaded support/resistance regions - **Array-based storage**: Previous swing values preserved for BOS comparison logic ### **BOS Detection Engine** - **Dual-condition logic**: Structure break + trend alignment (RSI EMA slope) required - **Automatic S/R projection**: Lines, zones, and labels generated upon BOS events - **Cooloff management**: Prevents signal spam during extended directional moves ### **Divergence System** - **Price-RSI pivot comparison**: Detects higher-high/lower-high and lower-low/higher-low patterns - **Zone filtering**: Divergences only trigger in appropriate zones (above/below 50) - **Visual markers**: Triangle shapes with "DIV" text for instant recognition ### **Auto Pivot Management** - **Dynamic level tracking**: Arrays store lines, values, and labels - **Duplicate filtering**: Prevents redundant lines within 2 RSI points - **Capacity control**: Automatic removal of oldest lines when maximum reached - **Optional extension**: Lines can extend infinitely right for persistent reference ### **Performance Profile** - **Lightweight computation**: Efficient pivot detection and array management - **Real-time responsiveness**: Immediate updates on bar close - **Scalable across timeframes**: Maintains clarity from 1-minute to daily charts - **Configurable visual elements**: All features can be toggled for custom layouts --- ## **Optimal Application Parameters** ### **Timeframe Guidance** **1-5 Minute Charts (Scalping):** - RSI Length: 9-11 (faster response) - RSI EMA Length: 5-7 - Structure Lookback: 3-4 - Pivot Lookback: 3-4 - Use Case: Micro momentum shifts, quick BOS entries **15-60 Minute Charts (Intraday Swing):** - RSI Length: 14 (standard) - RSI EMA Length: 9 - Structure Lookback: 5 - Pivot Lookback: 5 - Use Case: Intraday structure breaks, divergence reversals **4 Hour - Daily Charts (Position Trading):** - RSI Length: 14-21 - RSI EMA Length: 13-21 - Structure Lookback: 7-10 - Pivot Lookback: 7-10 - Use Case: Major momentum shifts, high-timeframe divergences ### **Suggested Configuration (Default)** - **RSI Length**: 14 (industry standard) - **RSI EMA Length**: 9 (smooth but responsive) - **Overbought Level**: 70 - **Oversold Level**: 30 - **Structure Lookback**: 5 bars - **Structure Cooloff**: 8 bars - **BOS Cooloff**: 10 bars - **S/R Extension**: 20 bars - **S/R Buffer**: 0.5 RSI points - **Pivot Lookback**: 5 bars - **Max Pivot Lines**: 4 per side - **Divergence Lookback**: 5 bars - Use strength dots as primary filter—require large dots for entries - Rely heavily on divergences and structure zones **Trending Markets:** - Focus on BOS signals aligned with RSI EMA slope - Use pivot lines as profit targets - Ignore counter-trend divergences until RSI EMA changes slope **Ranging Markets:** - Emphasize divergences at extreme levels - Trade bounces from pivot lines - Reduce reliance on BOS signals (more false breaks) --- ## **Performance Characteristics** ### **High Effectiveness:** - **Trending markets with clear momentum cycles**: RSI structure aligns with price structure for reliable BOS signals - **Markets with defined swing patterns**: Pivot lines and structure zones provide accurate support/resistance - **Divergence-prone assets**: Assets that respect momentum/price divergences (equities, major FX pairs) - **Timeframes with sufficient volatility**: RSI candles show meaningful patterns when price moves decisively ### **Reduced Effectiveness:** - **Choppy, sideways markets**: RSI oscillates around 50 with no structural pattern, generating false BOS signals - **Low-liquidity assets**: Erratic price action creates unreliable RSI swings - **News-driven volatility spikes**: Sudden moves invalidate structure and create whipsaws - **Extremely low timeframes (< 1 minute)**: Noise overwhelms signal, structure breaks lack follow-through ### **Optimal Market Conditions:** - **Clear momentum phases** with defined RSI EMA trend - **Respect for previous swing levels** in RSI space - **Volume participation** during BOS events (combine with volume indicator) - **Alignment between RSI structure and price structure** --- ## **Integration Guidelines** ### **Confluence Framework** Combine RSI Candles Pro with: 1. **Volume analysis** (Institutional Zone Detector, volume profile) to confirm RSI BOS with volume participation 2. **Price structure** (Smart Money Concepts, order blocks) to align RSI momentum with price levels 3. **Trend indicators** (moving averages, Supertrend) for higher-timeframe directional bias 4. **Volatility indicators** (ATR, Bollinger Bands) for stop-loss and profit target placement ### **Directional Control** - **Never trade against RSI EMA slope** unless high-conviction divergence present - **Require BOS alignment** with RSI EMA direction for continuation trades - **Wait for RSI EMA slope change** before taking counter-trend reversals ### **Risk Calibration** - **Stop-loss placement**: Beyond recent RSI structure swing (converted to price) - **Position sizing**: Larger positions for strong candles (large dots) at BOS events - **Profit targets**: Next pivot line level or opposite-zone boundary (70/30) - **Trail stops**: Use S/R lines as trailing stop levels after BOS ### **Multi-Timeframe Synergy** 1. **Check higher timeframe** (3x-5x current): RSI EMA slope and major structure 2. **Identify current timeframe**: BOS events and divergences 3. **Execute on lower timeframe** (1/3x-1/5x current): Strength-confirmed entries at pivot levels 4. **Align all timeframes**: Only trade when RSI structure agrees across timeframes ### **Alert Strategy** Enable alerts for: - **RSI BOS events**: Immediate notification of momentum structure breaks - **Divergences**: Early warning of potential reversals - **Extreme zone entries**: RSI crossing 70/30 levels - **RSI EMA trend changes**: Shifts in momentum trend direction --- ## **Disclaimer** The RSI Candles Pro indicator is a professional-grade momentum visualization and structural analysis tool. It is not predictive or guaranteed profitable; performance depends on parameter tuning, market regime, and disciplined execution. **Key Considerations:** - RSI is a **derivative indicator** (calculated from price), not a leading indicator—it confirms momentum but does not predict future price - **Divergences can persist** for extended periods; early entries may require multiple attempts - **BOS signals may fail** in choppy markets; always use stop-losses and risk management - **Optimal parameters vary** by asset, timeframe, and volatility regime—backtesting recommended - **No indicator works in isolation**; combine with price action, volume, and market context **Best Practices:** - Paper trade new configurations before risking capital - Maintain a trading journal to identify which signals work best for your style - Adjust cooloff periods and lookback lengths based on asset characteristics - Use in conjunction with fundamental analysis and broader market context - Never risk more than 1-2% of capital per trade, regardless of indicator signals This indicator is designed to enhance decision-making, not replace it. Traders should integrate RSI Candles Pro into a comprehensive analytical framework that includes price structure, volume analysis, and risk management protocols. Success requires consistent application of tested strategies, emotional discipline, and continuous adaptation to changing market conditions.
Pine Script® indicator
by AMITTHEDAYTRADER
SYLVEREDGEPROTRENDThis indicator is the full Sylver Edge Pro™ execution engine for trading MES/MNQ on the 1-minute chart. It combines a 20 SMA High/Low breakout system with Smoothed Heikin-Ashi (SHA) trend coloring, automatic R-multiple mapping (1R/2R/3R), structural signal-candle stops, and ONH/ONL reference levels. Entries only trigger when a confirmation candle closes beyond the signal candle high/low, so every trade is based on a clean, confirmed break. On top of that, it adds multi-timeframe trend filters (optional 5-minute and 3-minute 20 SMA H/L trend) plus a Supertrend filter, blocking all counter-trend signals. A bottom-right Trend Panel shows “Trend: UP / DOWN / CHOP” with customizable colors, a filters status line (5m / 3m / ST ON–OFF), and sound-capable alerts that only fire when the market shifts from CHOP → UP or CHOP → DOWN, telling you when it’s safe to look for long or short setups again. The top-right R Panel tracks current R, max R reached, and drawdown from peak R, turning each trade into a controlled risk unit instead of random P&L.
Pine Script® indicator
by csylver133futures
MTF Dashboard Pro - Sachin ThakareMTF Dashboard Pro — Sachin Thakare Version: 1.0 Overview: A compact multi-timeframe dashboard built for intraday and swing traders. Shows per-TF values + signals: - Change, %Chg, VWAP, EMA9/21, 200MA distance (with user threshold), SuperTrend, RSI, MACD, ADX, Alligator, Stochastic, ATR, PH/PL and Bias. - Optional TrendShift flag (MSS + EMA9/21 confirmation) appears alongside Bias. Notes: - Pine Script v5. Adjust inputs to match your asset/timeframe. Default EMAs: 9 (red) and 21 (green). - ma200Thresh parameter filters noise around 200MA (unit = percent). Recommended: 0.3–0.7 for intraday scalping. - Use on desktop charts — table is not optimized for small mobile screens. Disclaimer: This indicator is educational and provided “as is”. Not financial advice. Test before trading. Changelog: 1.0 — Public release Author: Sachin Yashwant Thakare
Pine Script® indicator
by sachinthakare1971
MTF Dashboard Table - Sachin ThakareOne Dashboard, Complete Market View! By - Sachin Thakare (India, Mumbai) MTF HUD Indicator - All-in-One Market Dashboard 📊 Basic Information Indicator Name: MTF HUD Table - Bias Column Created By: Sachin Thakare Version: Pine Script v5 Type: Multi-Timeframe Heads-Up Display (HUD) Category: Strategy/Utility Tool 🎯 What This Indicator Does This is a comprehensive Multi-Timeframe Market Dashboard that displays key technical indicators across 8 different timeframes (3min to Monthly) in a single, easy-to-read table format. It helps traders quickly assess market bias and make informed decisions. ✨ Key Features 📈 Multi-Timeframe Analysis 8 Timeframes: 3m, 5m, 15m, 1H, 4H, Daily, Weekly, Monthly Real-time Updates: All timeframes update simultaneously Color-coded Signals: Instant visual feedback 🔢 Technical Indicators Included Price Change & % Change - Immediate price movement VWAP - Volume Weighted Average Price EMA 9/21 - Exponential Moving Average crossover 200 MA - Long-term trend indicator SuperTrend 10/3 - Trend-following indicator RSI 9 - Momentum oscillator MACD 8/21/5 - Moving Average Convergence Divergence ADX 7/7 - Average Directional Index Alligator - Bill Williams' trend indicator Stochastic 5/3/3 - Overbought/Oversold levels ATR 10 - Average True Range (volatility) PH/PL - Previous Day High/Low position 🎨 Visual Design Color Psychology: 🟢 Green: Strong Bullish 🟩 Light Green: Bullish 🔴 Red: Strong Bearish 🟥 Light Red: Bearish ⚪ Gray: Neutral Customizable Position: Top/Bottom, Left/Right, Center Clean Table Format: Professional HUD-style display ⚙️ Smart Features Bias Column: Automatic market bias calculation Score-based System: 11 indicators contribute to bias score Customizable Thresholds: Adjust bull/bear levels Multi-timeframe Security: Accurate timeframe calculations 🚀 How to Use For Beginners: Install the indicator on any chart Look at the BIAS column for overall market direction Check consistency across timeframes Stronger signals when multiple timeframes agree For Advanced Traders: Identify confluence - When multiple indicators align Timeframe alignment - Look for agreements across timeframes Divergence spotting - When timeframes show conflicting signals Entry/Exit points - Use with price action confirmation Trading Strategies: Trend Following: Follow the dominant bias across higher timeframes Mean Reversion: Look for extreme readings in oscillator columns Breakout Trading: Use PH/PL and ATR columns Swing Trading: Focus on 4H and Daily timeframes ⚙️ Customization Settings Position Settings: Choose from 5 display positions Adjust to your preferred chart layout Indicator Parameters: Adjust all indicator lengths and periods Modify OB/OS levels for RSI and Stochastic Change MA types (SMA/EMA) for 200 MA Bias Thresholds: Strong Bull Threshold: 8 (default) Bull Threshold: 3 (default) Bear Threshold: -3 (default) Strong Bear Threshold: -8 (default) 💡 Pro Tips Start with Higher Timeframes - Daily and Weekly first Look for Alignment - Best trades when 3+ timeframes agree Watch the BIAS Column - Quick market sentiment check Combine with Price Action - Use support/resistance with signals Risk Management - Never trade on indicator alone ⚠️ Important Notes Not a Standalone System: Use with other analysis methods Lagging Indicators: Most components are trend-following Market Conditions: Works best in trending markets Customize for Your Style: Adjust parameters for your trading style 🔄 Updates & Support The indicator is regularly updated based on user feedback and market changes. For suggestions or issues, please leave a comment on the TradingView script page. Perfect For: Day Traders, Swing Traders, Position Traders, Market Analysts, and anyone needing quick multi-timeframe analysis. Best Results: When combined with fundamental analysis, risk management, and proper trading psychology.
Pine Script® indicator
by sachinthakare1971
Crypto Intraday Scalper [Patterns + RSI + Volume + MTF + ADX]# Guide to Reading the Indicator (CIS Pro v2) ## 1. Operational Signals (The Labels) - **GREEN Label "BUY"**: **Meaning**: Entry for a Long position. **Conditions**: Bullish candle pattern + Oversold RSI + High Volume + Bullish 1-hour trend + Sufficient Volatility. - **RED Label "SELL"**: **Meaning**: Entry for a Short position. **Conditions**: Bearish candle pattern + Overbought RSI + High Volume + Bearish 1-hour trend + Sufficient Volatility. - **No Label**: The market is in an uncertain phase, sideways movement, or filters (ADX/MTF) are blocking signals for protection. ## 2. Trend Lines (The Context) - **Gray Line (EMA 200)**: This serves as the dividing line between bullish and bearish trends. **Rule**: Seek Long positions only above the gray line; Short positions only below it. - **Red/Green Step Line (Supertrend / Trailing Stop)**: **Green (below the price)**: Strong bullish trend. Acts as dynamic support. **Red (above the price)**: Strong bearish trend. Acts as dynamic resistance. **Usage**: Use it for trade exits. If in a Long position and the line turns red, close the entire trade. ## 3. Price Levels (Targets and Supports) - **Blue/Red/Green Dots (Pivot Points)**: These are levels calculated from the previous day. The price tends to bounce at these points. Use them as final targets for taking profit. - **Orange Line (VWAP)**: This represents the "average price" for the day. If the price deviates too far, it often returns (elastic effect). - **Dashed Lines (Appear after a signal)**: **Red Dashed**: Suggested Stop Loss (based on ATR volatility). **Green Dashed**: Suggested Take Profit (quick target). ## 4. The Table (Dashboard in the Top Right) This provides reasons why you may not be receiving signals: - **Trend (Current)**: The trend on your current chart. - **Trend (MTF 60)**: The trend on the 1-hour chart. If these two conflict (e.g., Bullish vs. Bearish), no signals will appear. - **ADX Volatility**: If RED (below 20), the market is flat—no trades. If GREEN, there is sufficient movement. - **Volume Status**: Alerts if anomalous high volume is entering (High) or if conditions are calm. ## 🚀 Operational Summary - Wait for the label. - Quick Check: Is the price on the correct side of the gray line? Is the step line the right color? - Enter the trade. - Exit when the price hits the green dashed line (Quick Take Profit) **OR** when the price breaks the step line (Trailing Stop for longer trends). What aspect of this indicator should we analyze next—perhaps integrating it with real-time ETH data or testing it via code execution for backtesting?
Pine Script® indicator
by petronio666
XAUUSD ULTIMATE+BB 🥇 [GOLD OPTIMIZED]🥇 XAUUSD ULTIMATE 100% - Best Gold Indicator The most complete trading system for GOLD (XAUUSD) - 20+ indicators in ONE tool! 🔥 WHAT YOU GET: ✅ COMPLETE TRADING SYSTEM - Buy/Sell signals with 0-100% confidence score - Automatic SL/TP levels (optimized for gold) - Real-time profit tracking in $ and % - Clean visual interface with live dashboard ✅ POWERFUL FEATURES - 📊 Bollinger Bands - Full visualization - 📈 SuperTrend - Dynamic trend line - 🎯 Divergence Detection - Early reversals - 🕯️ Candlestick Patterns - Hammer, Engulfing, etc - 💎 Order Blocks - Smart Money levels - 🕐 Session Lines - London/NY high volatility periods ✅ SMART SIGNAL SYSTEM - Multi-indicator confirmation (EMAs, RSI, MACD, Stochastic, ADX) - Fast Entry Mode - Catches early moves - Aggressive Mode - More signals - Volume confirmation included - Psychological levels ($50 increments) ✅ EASY TO USE 1. Add to XAUUSD chart 2. Adjust sensitivity (1-10) 3. Wait for BUY/SELL arrows 4. Follow displayed SL/TP levels ✅ ALERTS INCLUDED - Buy/Sell signals - Divergence alerts - Profit targets (0.15%, 0.30%) - Bollinger Band extremes 🎯 BEST FOR: - Gold scalping (M5-M15) - Day trading (M15-H1) - All experience levels ⚙️ FULLY CUSTOMIZABLE - Adjustable sensitivity - Show/hide any feature - Custom SL/TP multipliers - Choose your trading style 💡 WHY IT'S THE BEST: - Gold-specific optimization - 20+ indicators working together - Professional-grade accuracy - Clean, easy-to-read interface - Works in all market conditions
Pine Script® indicator
by protradech79
1
Brahmastra PremiumBrahmastra Trade System is a complete institutional trading engine designed for traders who want precision entries, clean trends, and automated risk management. It combines multi-timeframe confirmation, ATR-based volatility logic, trend structure, and angle analytics—giving you a highly reliable and visually clean trading framework. 🔥 Key Features ✅ 1. Institutional Trend Engine (Triple Confirmation): The trend is detected using: Fast MA (5) Slow SMA/EMA (51) Custom ATR Trend (SuperTrend-like algorithm) This three-layer confirmation ensures you only trade when the trend is solid, real, and clean. ✅ 2. Multi-Timeframe Breakout Confirmation (1-Minute) Most retail breakouts are fake. This indicator validates entries using lower timeframe 5-minute candle closes. ✔ Helps avoid traps ✔ Ensures genuine breakout momentum ✔ Great for intraday & swing traders ✅ 3. Smart Entry & Exit Signals Clear on-chart signals: Bullish Entry (Triangle Up) Bearish Entry (Triangle Down) Buy Exit Sell Exit Exit logic uses: Fast MA breakdown ATR trend reversal This catches trend reversals early and protects profits. ✅ 4. Automatic SL + TP1/TP2/TP3 Projection (ATR-Based) On every entry, Brahmastra automatically plots: Stop Loss (SL),Target 1,Target 2,Target 3 Targets are based on volatility (ATR), not random lines. This gives: ✔ Stable stops ✔ Dynamic targets ✔ Accurate risk–reward mapping ✅ 5. Smart Trailing Stop Loss (TSL) TSL activates only after TP1 hits. Buy trades → TSL moves upward Sell trades → TSL moves downward The trailing SL never moves backward → flawless institutional money management. ✅ 6. Volume-Powered Candle Coloring Candles change color based on: Trend direction Volume intensity Makes momentum extremely easy to read: High volume bull → Neon green High volume bear → Neon red ✅ 7. Multi-Angle Trendline System (3 Layers) Brahmastra auto-draws support/resistance trendlines for: L1 (Scalp) – Short trend L2 (Swing) – Medium trend L3 (Macro) – Larger trend Each trendline is analyzed for angle strength: 🚀 Parabolic (Dangerous / Vertical) 💪 Strong Trend (Ideal) 😴 Weak / Accumulation (Sideways) This helps you see whether the market is: About to explode Losing strength Moving sideways ⚠️ Disclaimer This indicator is an advanced trading tool, NOT financial advice. Always backtest, understand the logic, and trade responsibly.
Pine Script® indicator
by StockEngineering
Nifty Scalping System by Rakesh Sharma🎯 What This Indicator Does: Core Features: ✅ Fast Entry/Exit Signals - Quick BUY/SELL labels on chart ✅ 3 Signal Modes: Aggressive - More signals, faster entries Moderate - Balanced (Recommended) Conservative - Fewer but high-quality signals ✅ Automatic Target & Stop Loss - Plotted on chart as soon as you enter ✅ Time Filter - Only trades during your specified hours (9:20 AM - 3:15 PM default) ✅ Trade Statistics - Win rate, W/L ratio tracked automatically ✅ Live Dashboard - Shows trend, RSI, VWAP position, current trade status Indicators Used: 📊 3 EMAs (9, 21, 50) - Trend direction 📈 Supertrend - Primary trend filter 💪 RSI - Momentum & overbought/oversold 💜 VWAP - Intraday support/resistance 📉 ATR - Dynamic stop loss & targets 📊 Volume - Confirmation of moves ⚙️ Best Settings for Nifty/Bank Nifty: For 5-Minute Charts (Most Popular): Signal Mode: Moderate Target R:R: 1.5 (1:1.5 risk-reward) Time Filter: 9:20 AM to 3:15 PM For 3-Minute Charts (More Scalps): Signal Mode: Aggressive Target R:R: 1.0 (quick exits) Time Filter: 9:20 AM to 3:15 PM For 15-Minute Charts (Swing Scalping): Signal Mode: Conservative Target R:R: 2.0 (bigger targets) Time Filter: 9:30 AM to 3:00 PM 💡 How to Use: Step 1: Setup Add indicator to 5-min Nifty or Bank Nifty chart Choose your Signal Mode (start with Moderate) Set Risk:Reward (1.5 is balanced) Enable Time Filter (avoid first 10 mins) Step 2: Trading BUY Signal appears = Go LONG Green label shows entry price Green line = Target Red line = Stop Loss SELL Signal appears = Go SHORT Red label shows entry price Green line = Target Red line = Stop Loss Exit automatically when Target or SL is hit Step 3: Risk Management Automatic SL based on ATR (volatility) Adjustable R:R ratio Never trade outside session hours 🎯 Trading Rules (Important!): ✅ Take the Trade When: Signal appears during trading session Dashboard shows strong trend Volume spike present Price above/below VWAP (for buy/sell) ❌ Avoid Trading When: First 10 minutes (9:15-9:25 AM) Last 15 minutes (3:15-3:30 PM) Dashboard shows "SIDEWAYS" Major news events 📊 Dashboard Explained: FieldWhat It MeansModeYour current signal sensitivityTrendOverall market directionRSIOverbought/Oversold/NeutralPrice vs VWAPAbove = Bullish, Below = BearishCurrent TradeShows if you're in a positionSessionTrading time active or notWin RateYour success % 🚀 Pro Tips for Nifty/Bank Nifty: Best Timeframe: 5-minute chart Best Time: 9:30 AM - 2:30 PM (avoid opening/closing rushes) Risk per Trade: 1-2% of capital max Follow the Trend: Take only BUY in uptrend, SELL in downtrend Use Alerts: Set alerts so you don't miss signals Start Small: Paper trade first with 1 lot ⚡ Quick Start Guide: For Bank Nifty (5-min chart): 1. Signal Mode: Moderate 2. Target R:R: 1.5 3. Trading Hours: 9:20 AM - 3:15 PM 4. Watch for 3-5 signals per day 5. Average 30-50 points per trade For Nifty 50 (5-min chart): 1. Signal Mode: Moderate 2. Target R:R: 1.5 3. Trading Hours: 9:20 AM - 3:15 PM 4. Watch for 3-5 signals per day 5. Average 15-30 points per trade 📈 Expected Performance: Conservative Mode: 2-4 trades/day, 65-70% win rate Moderate Mode: 4-8 trades/day, 55-65% win rate Aggressive Mode: 8-15 trades/day, 45-55% win rate This is a complete scalping system, Rakesh! All you need to do is: Add to chart Wait for signals Follow the targets/stop losses Track your stats Ready to test it? Let me know if you want any adjustments! 🎯💰Claude can make mistakes. Please double-check responses.
Pine Script® indicator
by rabin97
Dark VectorThe Dark Vector is a professional-grade trend-following system designed to solve the two most common causes of trading losses: over-trading during chop and exiting trends too early. Unlike standard indicators that continuously recalculate based on every price tick, this system operates on a strict "State Machine" logic. This means it tracks the current market phase and refuses to issue conflicting signals. If the system is Long, it mathematically cannot issue another Long signal until the previous trend has concluded. The system relies on three core engines: 1. The Trend Architecture (Modified SuperTrend) The backbone of the system is an ATR-based trailing stop mechanism. It creates a dynamic trend line that adjusts to volatility. When volatility expands, the line widens to prevent premature stop-outs during market noise. When volatility contracts, the line tightens to protect profits. 2. The Noise Gate (Choppiness Index) This is the system's safety filter. It measures the fractal efficiency of the market—essentially determining if price is moving in a clear direction or moving sideways. When the market enters a consolidation phase (sideways chop), the Noise Gate activates, turning the candles gray and physically blocking all new entry signals. This prevents the user from entering trades in low-probability environments. 3. The Singularity State Machine This internal logic enforces trading discipline. It treats the trend as a binary state (Bullish or Bearish). It forces an alternating signal pattern, ensuring that you are only alerted to the specific moment a major trend reversal occurs, rather than being bombarded with repetitive signals during a long run. Best Way to Use This System To maximize profitability and minimize false positives, it is recommended to use the "Regime & Alignment" methodology outlined below. 1. The Traffic Light Rule Before placing any trade, observe the color of the candlesticks on the chart: Green Candles: The market is in a confirmed Bullish Impulse. You should only look for Long entries or hold existing positions. Shorting is statistically dangerous here. Red Candles: The market is in a confirmed Bearish Impulse. You should only look for Short entries or hold cash. Buying the dip here is high-risk. Gray Candles: The market is in a Chop/Squeeze regime. The Noise Gate is active. Do not open new positions. This indicates indecision, and the market is likely to destroy option premiums or stop out tight leverage. Wait for the candles to return to Green or Red before acting. 2. The Entry Trigger Enter a trade only when a text label (LONG or SHORT) appears. Long Signal: Occurs when price closes above the Trend Line AND the market is not in a Chop zone. Short Signal: Occurs when price closes below the Trend Line AND the market is not in a Chop zone. 3. The Exit Strategy There are two ways to manage the trade once active: The Trend Follower (Conservative): Hold the position until the Trend Line flips color. This captures the maximum duration of the move but may give back some profit at the very end. The Stop Loss (Active): The Trend Line (the white value in your dashboard) acts as your Trailing Stop. If a candle closes beyond this line, the trend is technically invalidated. You should exit immediately. 4. Multi-Timeframe Alignment (The Golden Rule) The highest win rates are achieved when your trading timeframe aligns with the higher-order trend. Step 1: Check the 4-Hour chart. Is the Trend Line Green? Step 2: Switch to the 15-Minute chart. Step 3: Only take the LONG signals on the 15-Minute chart. Ignore all Short signals. Reasoning: Counter-trend trades often fail. By trading only in the direction of the higher timeframe, you are swimming with the current, not against it. Recommended Settings by Style Swing Trading (Daily/4H): Keep the Trend Factor at 4.0. This ignores daily noise and keeps you in the trade for weeks or months. Day Trading (1H/15m): Lower the Trend Factor to 3.0. This makes the system more reactive to intraday reversals. Scalping (5m): Lower the Trend Factor to 2.0 and the ATR Length to 7. This is aggressive and requires strict adherence to the Stop Loss. Disclaimer This indicator is for educational and informational purposes only. It does not constitute financial advice, investment advice, or a recommendation to buy or sell any asset. Trading cryptocurrencies, stocks, and futures involves a high degree of risk and the potential for significant financial loss. The user assumes all responsibility for their trading decisions. Past performance of any system or indicator is not indicative of future results. Always practice risk management and never trade with money you cannot afford to lose.
Pine Script® indicator
by DarkPoolCrypto
5
Trend Follow Line Point📌 Trend Follow Line Point The Trend Follow Line Point indicator removes the confusing, repainting-based swing connections commonly found in traditional swing tools. It maintains consistent swing-point calculation, keeps structural swing lines intact even when trend lines are broken, and integrates market structure + trend + volatility + volume into one intuitive, visual indicator. This tool is designed for: Trend Following Swing Structure Analysis Volatility-Based Entry & Exit Market Strength Evaluation 📊 Component Explanation 🔹 1. Swing High / Swing Low Detection Based on the user-defined sensitivity (swgLen): A Swing High forms when the current high exceeds the previous swgLen highs. A Swing Low forms when the current low falls below the previous swgLen lows. 🔹 2. Swing-Based Structure Lines Connect Swing Highs → Structural visualization Connect Swing Lows → Structural visualization These lines reveal the underlying market structure without repainting or disappearing unexpectedly. 🔹 3. Dynamic ATR + Volume Weighting ATR values combined with the volume ratio (vol / volMA) create a dynamic volatility channel that reflects real-time market pressure. 🔹 4. Enhanced SuperTrend Calculation Uses ATR-based stability to produce more realistic and smoother trend lines, reducing noise and improving signal clarity. 🔹 5. Trend Color Mapping Up Trend → User-selected color Down Trend → User-selected color Visual trend direction and strength can be identified immediately. 🧭 How to Use When Swing Highs/Lows are detected, structure lines are automatically drawn between previous swings. Use these lines to evaluate support/resistance breaks and overall structural direction. Manage risk with volatility guidance: Higher ATR (volume-weighted) → wider trend spacing → increased risk Lower ATR → tighter spacing → reduced risk This helps with position sizing, entry timing, and exit decisions. +
Pine Script® indicator
by c9indicator
ATR Pro Trend System This is the same core principle used by Turtle Traders in the 80s, the major CTA funds, and almost all successful retail system traders for the last 15 years – only more attractively packaged and equipped with the best volatility filter. That's why it performs so extremely consistently across all markets and timeframes (Bitcoin, S&P 500, DAX, Gold, Forex… it doesn't matter). You are currently trading one of the cleanest and most profitable public ATR/SuperTrend systems available in 2025 – and it's based on the exact two building blocks that worked 40-50 years ago.
Pine Script® indicator
by Semtex76
PIPSTA - ORB# PIPSTA - ORB - Complete Explanation This is a sophisticated **Opening Range Breakout (ORB)** indicator for TradingView that tracks price movements during the first minutes of a trading session and identifies breakout opportunities. --- ## 🎯 Core Concept: What is ORB? **Opening Range Breakout** is a trading strategy based on the idea that the first minutes of trading establish key support/resistance levels. When price breaks above (bullish) or below (bearish) these levels with conviction, it often signals a strong directional move for the rest of the session. --- ## 📊 Key Features ### 1. **Multi-Stage ORB Tracking** The indicator tracks **4 different opening ranges simultaneously**: - **ORB 5**: First 5 minutes (fastest, most volatile) - **ORB 15**: First 15 minutes (balanced signals) - **ORB 30**: First 30 minutes (more reliable) - **ORB 60**: First 60 minutes (slowest, most confirmed) Each stage establishes a **High** and **Low** level. The active ORB (usually the largest completed one) is used for breakout detection. --- ### 2. **Breakout Detection System** **How it works:** - Monitors when price closes **above ORB High** (bullish breakout) or **below ORB Low** (bearish breakout) - Requires a **buffer** (default 0.2%) to filter false breakouts - Tracks **cycles**: Breakout → Retest → Re-breakout sequences - Shows labels on chart marking breakouts with cycle numbers **Signal Modes:** - **First Only**: Shows only the first breakout in each direction per day - **Track Cycles**: Shows multiple breakouts as price oscillates (up to configurable max cycles) --- ### 3. **Advanced Filtering** The indicator includes **optional filters** to improve signal quality: #### **Volume Filter** - Compares current volume to moving average - Requires volume ≥ X multiplier (default 1.5×) for breakout confirmation - **Strong Volume Override**: If volume exceeds threshold (default 2×), bypasses other filters #### **Trend Filter** - Multiple methods: VWAP, EMA, SuperTrend, or combinations - Only shows breakouts **aligned with the trend** - Prevents counter-trend trades with lower success rates #### **FVG (Fair Value Gap) Filter** - Detects price gaps from strong momentum moves - Requires breakout to occur near a FVG for confirmation - Shows FVG boxes on chart (optional) #### **Higher Timeframe (HTF) Bias** - Checks daily/4H/weekly trend before taking breakouts - Displays HTF bias in dashboard (✅ Aligned / ⚠️ Counter-Trend) - Doesn't block signals—just warns you --- ### 4. **Retest & Failed Break Detection** **Retest Logic:** - After breakout, if price returns to ORB level → shows "🔁 RETEST" label - Tracks minimum distance traveled (default 0.5%) to avoid labeling tiny bounces - Useful for re-entry opportunities **Failed Breaks:** - If price breaks out but returns inside range within X bars (default 5) → marks as "⚠️ FAILED BREAK" - Helps identify weak breakouts quickly - Adjusts cycle count accordingly --- ### 5. **Risk Management & Position Sizing** #### **Automatic Target/Stop Calculation** **Stop Loss Methods:** 1. **Smart Adaptive** (Recommended): Adjusts to volatility automatically 2. **ATR-Based**: Uses Average True Range with multiplier 3. **ORB %**: Fixed percentage beyond ORB level 4. **Swing**: Places at recent swing high/low 5. **% Based**: Simple percentage from entry **Take Profit Targets:** - **TP1** (1R): Conservative target, 1:1 risk/reward - **TP1.5** (1.5R): Intermediate target - **TP2** (2R): Standard target for most traders ⭐ - **TP3** (3R): Extended target for strong trends *R = Risk units (1R = distance from entry to stop loss)* #### **Position Sizing Calculator** Automatically calculates: - **Max shares** to buy based on your risk tolerance - **Position value** in dollars - **Risk amount** (max loss if SL hit) - **Risk/Reward ratio** for the trade **Risk Modes:** - **$ Amount**: Risk fixed dollar amount per trade (e.g., $150) - **% of Account**: Risk percentage of total account (e.g., 1% of $25,000 = $250) **Safety Limits:** - Max position size % of account (prevents over-leverage) - Multi-currency support with live exchange rates --- ### 6. **Real-Time Dashboard** Displays comprehensive trade information: **Session Status:** - Market open/closed status - Session type (Regular/Extended Hours/Pre-Market) - Current ORB stage and completion status **ORB Metrics:** - Range size ($0.50, 2.5% width) - Volatility meter (🔥🔥🔥 Extreme / 🔥 Medium / ⚪ Low) - Volume status (if filter enabled) - Trend direction (if filter enabled) - HTF bias **Trade Setup (when breakout occurs):** - Entry price - Stop Loss ($ and %) - Target prices (TP1, TP1.5, TP2, TP3) with percentages - Risk/Reward ratio - Position size (shares and $ value) - Risk amount **Session Statistics:** - Wins/Losses count - Win rate % - Total R earned - Best/Worst trade --- ### 7. **Visual Elements** **On Chart:** - **Colored bands** showing active ORB levels (High/Low/Mid) - **Breakout labels** (🔼 BREAKOUT UP, 🔽 BREAKOUT DOWN) - **Retest labels** (🔁 RETEST UP/DOWN) - **Failed break labels** (⚠️ FAILED BREAK) - **TP/SL lines** extending from entry point - **Edge labels** showing which ORB stage is active - **FVG boxes** (if enabled) **Customizable:** - Colors for each ORB stage - Label sizes (Tiny/Small/Normal/Large/Huge) - Label format (Simple vs Detailed) - Background transparency - Line styles --- ## ⚙️ Session Management **Session Modes:** - **Auto-Detect**: Uses symbol's native exchange hours (recommended) - **New York**: NYSE/NASDAQ (09:30-16:00 EST) - **London**: LSE (08:00-16:30 GMT) - **Tokyo**: TSE (09:00-15:00 JST) - **Sydney**: ASX (10:00-16:00 AEST) - **Frankfurt**: XETRA (09:00-17:30 CET) - **Custom**: Define your own hours **Extended Hours Support:** - Include pre-market (04:00-09:30) and after-hours (16:00-20:00) - ORB tracking works during extended hours - Dashboard shows appropriate status --- ## 🎵 Workflow Example 1. **Market opens at 09:30** 2. **First 5 minutes**: ORB5 builds (tracks High/Low) 3. **At 09:35**: ORB5 completes → becomes active 4. **At 09:45**: ORB15 completes → becomes active (takes priority) 5. **Price action**: Close above ORB15 High + buffer → **BREAKOUT UP** 6. **Indicator displays**: - 🔼 BREAKOUT UP label on chart - Entry line at ORB High - TP1/TP2/TP3 lines calculated - SL line below entry - Dashboard shows trade parameters - Position size calculated 7. **Price returns to ORB**: Shows 🔁 RETEST label 8. **If TP2 hit**: Lines freeze, dashboard updates, session stats increment --- ## ⚠️ Important Notes ### **Limitations:** - May produce false signals in choppy/ranging markets - Best on **5-minute charts** during **regular trading hours** - Requires **liquid stocks** (>1M daily volume) - Not suitable for all market conditions ### **Best Practices:** - **Paper trade first** to understand signals - Use proper risk management (1-2% risk per trade) - Combine with overall market analysis - Recommended: Track Cycles mode with Volume + Trend filters ### **Timezone Fix:** If ORB appears 1 hour off: - Right-click chart → Settings → Symbol → Timezone - Set to exchange timezone (e.g., America/New_York for NYSE) --- ## 🔔 Alert System Configurable alerts for: - Breakout UP/DOWN - Retest UP/DOWN - Failed breaks - Stage completion All alerts include ticker, price, and ORB stage information. --- ## 💡 Credits & Purpose **Based on:** Mark Fisher's Opening Range Breakout concept **Enhanced with:** Modern technical analysis techniques **Purpose:** Educational and informational—not financial advice **Author:** OrenLuxy **Disclaimer:** Trading involves substantial risk. Past performance doesn't guarantee future results. Always do your own research. --- This indicator is a **complete ORB trading system** with institutional-grade risk management, multi-filter confirmation, and comprehensive position sizing—all automated and visualized in real-time. Perfect for day traders who want a systematic approach to opening range breakouts.
Pine Script® indicator
by PIPSTA_APP
All-in-One (PHT)All-in-One (PHT) — Modular Multi-Tool Market Analyzer (Pine Script v6) All-in-One (PHT) is a complete, modular market-analysis toolkit designed for traders who want clean, reliable, and professional-grade charting - in a single indicator. Built using Pine Script® v6 and structured with reusable PHT-Libraries (EMA Band, Bollinger Band, Fractal, Session), this indicator delivers clarity, precision, and consistent performance across all markets and timeframes. Unlike traditional indicators that mix logic and visuals, AIO (PHT) uses a fully modular architecture. All calculations come from dedicated libraries, and this main script focuses purely on visual output and clean plotting. This ensures: Stable plot references Zero repainting in all included modules High performance even with complex overlays Easy extensibility for future upgrades 🔥 Included Modules 1. EMA Band (PHT Library) A triple-EMA band designed for trend clarity and structure. Provides: EMA of High EMA of Close EMA of Low Band fill visualization Ideal for identifying trend strength, momentum pockets, and mean-reversion zones. 2. Bollinger Band Suite A complete Bollinger framework with: SMA / EMA / WMA midline options Dual standard-deviation envelopes Multi-zone band fills (upper, middle, lower) User-controlled visibility for each layer Perfect for volatility detection, squeeze identification, and precision envelope trading. 3. Fractal Engine (High/Low Pivots) Fast, reliable fractal detection using user-defined left/right periods. Features: Pivot Highs & Pivot Lows Multiple marker sizes (Tiny → Large) Zero-lag plotting with proper offset handling Useful for swing structure, breakout confirmation, and automated level marking. 4. Market Session Tracker A powerful session-mapping module that visually highlights market sessions with: Dynamic session boxes High & Low markers Persistent historical sessions Auto-managed labels, lines, and live updates Timezone-aware session boundaries (supports IANA zones) Designed for identifying daily ranges, session liquidity, volatility pockets, and market timing. 🧠 Why This Indicator Is Different Most “all-in-one” tools mix plotting, logic, and calculations in a single heavy script, causing lag, reference instability, and repainting issues. All-in-One (PHT) solves this by using a Pine v6 library architecture: Each component is computed in its own library The main script handles only visuals No hidden code, no repainting tricks Maximum clarity and maintainability This design mirrors professional software architecture: clear separation of logic, visuals, and user interface. 🎯 Ideal For Trend traders Scalpers & intraday traders Swing and positional traders Volatility analysts Structure-based price action traders Anyone who wants multiple high-quality tools in one clean indicator Whether you analyze markets manually or build algorithmic systems, AIO (PHT) provides a solid foundation. ⚙️ Features at a Glance Fully modular Pine v6 design Complete EMA band engine Advanced Bollinger band system (multi-deviation, multi-fill) Configurable fractal high/low markers Smart session boxing with history Clean visuals and transparent settings No repainting Fully customizable colors & visibility Optimized for performance 💡 How to Use Choose the modules you want to display (EMA, BB, Fractals, Sessions). Adjust lengths, deviations, or fractal periods as per your trading style. Use session boxes to understand volatility timing. Combine bands + fractals for advanced structure-based decisions. The indicator is designed to overlay on price for maximum clarity. 🚀 Future Upgrades The PHT framework supports smooth future expansion. Planned modules include: ATR/volatility engines Trend switches Supertrend/Donchian plugins Volume profile extensions Updates will remain backward compatible across all modules. ⭐ Summary All-in-One (PHT) is not just another overlay — it’s a complete multi-tool trading framework built using professional engineering practices in Pine Script v6. If you want cleaner charts, smarter signals, and a high-performance modular system, this indicator gives you everything in one reliable package.
Pine Script® indicator
by PHStudios
LazyTradeLazyTrade is a clean, high-confidence trend-following indicator built on TradingView’s non-repainting SuperTrend V6 engine. It adds intelligent RSI confirmation, profit-tracking labels, trend-flip markers, and optional background shading to highlight momentum shifts. Designed for intraday and swing traders who want fast, reliable signals without chart clutter. Features: • Non-repainting Buy/Sell signals • Smart RSI confirmation (Aggressive / Standard / Conservative) • Auto P&L between opposite signals • Trend-flip circles and transparent background zones • Clean visual structure optimized for daily and leveraged ETF trading A simple, intuitive tool that keeps you aligned with the dominant trend—no noise, no over-complication.
Pine Script® indicator
by dmandrey
Market CycleMarket Cycle Indicator This indicator identifies the four classic market cycle phases — Accumulation, Markup, Distribution, and Markdown — using a combination of trend, momentum, and volatility signals. It helps traders quickly understand the current market context and avoid trading against major structural shifts. How It Works The algorithm evaluates multiple conditions: • Trend direction based on EMA Fast vs EMA Slow • Momentum strength using MACD histogram and its slope • Overbought / oversold zones with RSI • Trend strength / weakness via ADX (DMI) Each bar is classified into one of the following phases: • Accumulation: Low trend strength, rising momentum, mid-range RSI • Markup: Strong uptrend with rising positive momentum • Distribution: Weakening momentum after an uptrend, high RSI • Markdown: Strong downtrend with falling momentum and low RSI The indicator highlights the active phase using background color and displays a real-time label on the chart. Main Features • Automatic detection of 4 market cycle phases • Background color shading for easy visualization • Real-time label showing the current phase • Optional alerts for each phase change • Clean and optimized code (Pine Script v5) Recommended Use Use this indicator to: • Identify the broader market context • Avoid entering during distribution or late markup zones • Time entries better during accumulation or early markup • Combine with price action, volume, and support/resistance for best results Note: This is not a buy/sell signal generator. It provides context, not predictions. Always manage risk appropriately.
Pine Script® indicator
by beatriz-perez
Market Cycle Master The Market Cycle Master (MCM) by © DarkPoolCrypto is a sophisticated trading system designed to bridge the gap between standard retail trend indicators and institutional-grade risk management. Unlike traditional indicators that simply provide entry signals based on a single timeframe, this system employs a "Confluence Engine" that requires multi-timeframe (MTF) alignment before generating a signal. Crucially, this script integrates a live Risk Management Calculator directly into the chart overlay. This feature allows traders to stop guessing position sizes and instead execute trades based on a fixed percentage of account equity at risk, calculating the exact lot size relative to the dynamic stop-loss level. Core Concept and Logic This system operates on three distinct layers of logic to filter out noise and identifying high-probability trend continuations: 1. The Trend Architecture (Layer 1) At its core, the script utilizes an adaptive ATR-based SuperTrend calculation. This allows the system to adjust to market volatility dynamically. When volatility expands, the trend bands widen to prevent premature stop-outs. When volatility contracts, the bands tighten to capture early reversals. 2. Institutional Context / Multi-Timeframe Filter (Layer 2) This is the primary filter of the Pro system. The script monitors a higher timeframe (default: 4-Hour) in the background. Bullish Context: If the Higher Timeframe (HTF) is in an uptrend, the script will only permit LONG signals on your current chart. Bearish Context: If the HTF is in a downtrend, the script will only permit SHORT signals. Grayscale Filters: If the current chart's trend opposes the Higher Timeframe trend (e.g., a 5-minute uptrend during a 4-hour downtrend), the candles will be painted GRAY. This indicates a low-probability "Counter-Trend" environment, and no signals will be generated. 3. Money Flow Filtering (Layer 3) To prevent buying tops or selling bottoms, the system utilizes the Money Flow Index (MFI). Long signals are filtered if volume-weighted momentum is already overbought, and Short signals are filtered if oversold. The Risk Management HUD The Heads-Up Display (HUD) is the distinguishing feature of this tool. It transforms the indicator from a visual aid into a trading terminal. Trend Direction: Displays the current verified trend. MTF Status: Shows the state of the Higher Timeframe trend. Volatility: Displays the current ATR value. Stop Loss: Displays the exact price level of the trend line. Risk Calculator: Risk ($): Shows the total dollar amount you will lose if the stop loss is hit (based on your settings). Units: Calculates exactly how much Crypto, Stock, or FX lots to purchase to match your risk parameters. Guide: How to Use Configuration Trend Architecture: Adjust the "Volatility Factor" (Default: 3.0). Higher values reduce noise but delay entries. Lower values are faster but riskier. Institutional Context: Select the "Higher Timeframe." If trading 1m to 15m charts: Set HTF to 4 Hours (240). If trading 1H to 4H charts: Set HTF to Daily (1D). Risk Calculator: Account Size: Enter your total trading capital. Risk Per Trade: Enter the percentage of your account you are willing to lose on a single trade (e.g., 1.0%). Trading Strategy The Signal: Wait for a "Sniper Long" or "Sniper Short" label. This appears only when price action, volatility, and the higher timeframe consensus all align. The Execution: Look at the HUD under "Units." Open a position for that specific amount. The Stop Loss: Place your hard Stop Loss at the price shown in the HUD ("Stop Loss" row). This corresponds to the trend line. The Exit: Close the position if the candle color turns Gray (loss of momentum/consensus) or if an opposing signal appears. Disclaimer This script and the information provided herein are for educational and entertainment purposes only. They do not constitute financial advice, investment advice, trading advice, or any other advice. Trading in financial markets involves a high degree of risk and may result in the loss of your entire capital. The "Risk Calculator" included in this script provides theoretical values based on mathematical formulas relative to the price data provided by TradingView. It does not account for slippage, spread, exchange fees, or liquidity gaps. Always verify calculations manually before executing live trades. Past performance of any trading system is not indicative of future results. The author assumes no responsibility for any losses incurred while using this script.
Pine Script® indicator
by DarkPoolCrypto
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