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SPX (S&P 500 Index)

VIX Term Structure Pro [v7.0 Enhanced]# VIX Term Structure Pro v7.0 [! (img.shields.io)](www.tradingview.com) [! (img.shields.io)](www.tradingview.com) [! (img.shields.io)](LICENSE) **Professional VIX-based Market Sentiment & Timing Indicator** 专业的 VIX 市场情绪与择时指标 --- ## 🌟 Overview / 概述 VIX Term Structure Pro is an advanced multi-factor market timing indicator that analyzes the VIX futures term structure, volatility regime, and market breadth to generate actionable buy/sell signals. VIX Term Structure Pro 是一款高级多因子市场择时指标，通过分析 VIX 期货期限结构、波动率区间及市场广度，生成可操作的买卖信号。 --- ## 🚀 Key Features / 核心功能 ### 📊 Multi-Factor Scoring System / 多因子评分系统 - **Term Structure Z-Score**: Measures deviation from historical mean / 期限结构 Z 分数：衡量与历史均值的偏离 - **VIX/VX1 Basis**: Spot premium detection for panic signals / VIX 现货溢价：恐慌信号检测 - **Contango Analysis**: Futures curve shape insights / 期货升水分析 - **SKEW Integration**: Options skew for tail risk / SKEW 整合：尾部风险监测 - **Put/Call Ratio**: Sentiment extremes / 看跌/看涨比率：情绪极端 - **VVIX Support**: Volatility of volatility (optional) / VVIX 支持：波动率的波动率 ### 🎯 Three-Tier Signal System / 三级信号系统 | Signal | Score | Description | |--------|-------|-------------| | 🚨 **CRASH BUY** | ≥ 6 | Extreme panic, rare opportunity / 极端恐慌，罕见机会 | | 🟢 **STRONG BUY** | ≥ 5 | Multi-factor confluence / 多因子共振 | | 🟡 **BUY DIP** | ≥ 4 | Accumulate on weakness / 逢低吸纳 | | 🟠 **SELL/HEDGE** | ≤ -2 | Consider reducing risk / 考虑减仓对冲 | | 🔴 **STRONG SELL** | ≤ -5 | Strong bearish signals / 强烈看跌信号 | | 🔥 **EUPHORIA SELL** | ≤ -6 | Extreme greed, sell signal / 极度贪婪，卖出信号 | ### 📈 Dashboard Indicators / 仪表盘指标解读 | Indicator | Bullish 🟢 | Bearish 🔴 | |-----------|------------|------------| | Overall Bias | STRONG BUY / BUY DIP | STRONG SELL / SELL/HEDGE | | AI Score | ≥ 5 (Extreme Fear) | ≤ -5 (Extreme Greed) | | Market Trend | 🟢SPX 🟢NDX (Above MA200) | 🔴SPX 🔴NDX (Below MA200) | | VIX Regime | LOW VOL (<15) | HIGH VOL (>25) | | Term Struct Z | < -2.0 (Panic) | > 2.0 (Complacency) | --- ## ⚙️ Configuration / 配置选项 ### 📡 Data Sources / 数据源 - **VIX Symbol**: Default `CBOE:VIX` (Alternative: `TVC:VIX`) - **Put/Call Ratio**: Default `INDEX:CPCI` (Index P/C) - **Timeframe**: Daily (stable) or Chart (real-time) ### ⚠️ Strategy Mode / 策略模式 - **High (Scalping)**: Sensitive, for short-term trades / 高敏感，短线 - **Normal (Swing)**: Balanced approach / 平衡模式 - **Low (Trend/Safe)**: Conservative, trend-following / 保守，趋势跟踪 ### 🔬 Backtest Mode / 回测模式 - **OFF (Real-time)**: Shows current day data, suitable for live monitoring / 显示当日数据，适合实盘监控 - **ON (Historical)**: Uses only confirmed data, avoids look-ahead bias / 仅使用已确认数据，避免未来函数 --- ## 📖 Usage Guide / 使用指南 ### Best Practices / 最佳实践 1. **Apply to SPX/SPY/QQQ daily charts** for optimal signal accuracy 在 SPX/SPY/QQQ 日线图上使用，信号准确度最佳 2. **Wait for next trading day** to execute signals (signals trigger on daily close) 信号触发后在下一交易日执行（信号基于日线收盘） 3. **Use in conjunction with price action** for confirmation 结合价格走势确认信号 4. **Enable Market Trend Filter** (MA200) for safer entries in uncertain markets 开启趋势过滤（MA200）以在不确定市场中更安全入场 ### Signal Interpretation / 信号解读 ``` 🚨 CRASH BUY (Score ≥ 6) → Rare extreme panic event → Historical average return: significant positive over 2 months → Consider aggressive positioning 🟢 STRONG BUY (Score ≥ 5) → Multiple indicators align → Historical average return: positive over 1 month → Consider building positions 🟡 BUY DIP (Score ≥ 4) → Moderate fear detected → Suitable for adding to existing positions → Filtered out in bear markets if Trend Filter is ON ``` --- ## 📊 Historical Statistics / 历史统计 The indicator tracks signal frequency and average subsequent returns: - **CRASH BUY**: 40-day return period (~2 months) - **STRONG BUY**: 20-day return period (~1 month) - **BUY DIP**: 10-day return period (~2 weeks) 指标追踪信号频率和后续平均收益，可在仪表盘中查看历史统计。 --- ## 🔔 Alerts / 警报 Built-in alert conditions with cooldown mechanism to prevent spam: | Alert | Condition | |-------|-----------| | Crash Buy Alert | Score ≥ 6, extreme panic | | Strong Buy Alert | Score ≥ 5, multi-factor confluence | | Buy Dip Alert | Score ≥ threshold | | Euphoria Sell Alert | Score ≤ -6, extreme greed | | Strong Sell Alert | Score ≤ -5 | | VIX Basis Panic | VIX spot premium spike | --- ## 📋 Changelog / 更新日志 ### v7.0 (Current) - ✨ Three-tier buy/sell signal system - 📊 Signal statistics with average return tracking - 🔬 Backtest Mode toggle for historical testing - 🎨 Configurable ±1 Z-Score reference lines - ⚡ Modular scoring functions - 🛡️ Dual index trend display (SPX + NDX) - 📱 Compact & Full dashboard modes --- ## ⚠️ Disclaimer / 免责声明 **English:** This indicator is for educational and informational purposes only. It does not constitute financial advice. Past performance does not guarantee future results. Always do your own research and consider your risk tolerance before trading. **中文：** 本指标仅供教育和信息参考，不构成投资建议。过往表现不代表未来收益。交易前请自行研究并评估风险承受能力。 --- ## 📄 License / 许可证 MIT License - Feel free to use, modify, and share. --- ## 🤝 Contributing / 贡献 Issues and pull requests are welcome! 欢迎提交问题和贡献代码！ --- **Made with ❤️ for the trading community** **为交易社区用心打造**
Pine Script® indicator
by aaajiao
US Market Long Horizon Momentum Summary in one paragraph US Market Long Horizon Momentum is a trend following strategy for US index ETFs and futures built around a single eighteen month time series momentum measure. It helps you stay long during persistent bull regimes and step aside or flip short when long term momentum turns negative. Scope and intent • Markets. Large cap US equity indices, liquid US index ETFs, index futures • Timeframes. 4h/ Daily charts • Default demo used in the publication. SPY on 4h timeframe chart • Purpose. Provide a minimal long bias index timing model that can reduce deep drawdowns and capture major cycles without parameter mining • Limits. This is a strategy. Orders are simulated on standard candles only Originality and usefulness • Unique concept or fusion. One unscaled multiple month log return of an external benchmark symbol drives all entries and exits, with optional volatility targeting as a single risk control switch. • Failure mode addressed. Fully passive buy and hold ignores the sign of long horizon momentum and can sit through multi year drawdowns. This script offers a way to step down risk in prolonged negative momentum without chasing short term noise. • Testability. All parameters are visible in Inputs and the momentum series is plotted so users can verify every regime change in the Tester and on price history. • Portable yardstick. The log return over a fixed window is a unit that can be applied to any liquid symbol with daily data. Method overview in plain language The method looks at how far the benchmark symbol has moved in log return terms over an eighteen month window in our example. If that long horizon return is positive the strategy allows a long stance on the traded symbol. If it is negative and shorts are enabled the strategy can flip short, otherwise it goes flat. There is an optional realised volatility estimate on the traded symbol that can scale position size toward a target annual volatility, but in the default configuration the model uses unit leverage and only the sign of momentum matters. Base measures Return basis. The core yardstick is the natural log of close divided by the close eighteen months ago on the benchmark symbol. Daily log returns of the traded symbol feed the realised volatility estimate when volatility targeting is enabled. Components • Component one Momentum eighteen months. Log of benchmark close divided by its close mom_lookback bars ago. Its sign defines the trend regime. No extra smoothing is applied beyond the long window itself. • Component two Realised volatility optional. Standard deviation of daily log returns on the traded symbol over sixty three days. Annualised by the square root of 252. Used only when volatility targeting is enabled. • Optional component Volatility targeting. Converts target annual volatility and realised volatility into a leverage factor clipped by a maximum leverage setting. Fusion rule The model uses a simple gate. First compute the sign of eighteen month log momentum on the benchmark symbol. Optionally compute leverage from volatility. The sign decides whether the strategy wants to be long, short, or flat. Leverage only rescales position size when enabled and does not change direction. Signal rule • Long suggestion. When eighteen month log momentum on the benchmark symbol is greater than zero, the strategy wants to be long. • Short suggestion. When that log momentum is less than zero and shorts are allowed, the strategy wants to be short. If shorts are disabled it stays flat instead. • Wait state. When the log momentum is exactly zero or history is not long enough the strategy stays flat. • In position. In practice the strategy sits IN LONG while the sign stays positive and flips to IN SHORT or flat only when the sign changes. Inputs with guidance Setup • Momentum Lookback (months). Controls the horizon of the log return on the benchmark symbol. Typical range 6 to 24 months. Raising it makes the model slower and more selective. Lowering it makes it more reactive and sensitive to medium term noise. • Symbol. External symbol used for the momentum calculation, SPY by default. Changing it lets you time other indices or run signals from a benchmark while trading a correlated instrument. Logic • Allow Shorts. When true the strategy will open short positions during negative momentum regimes. When false it will stay flat whenever momentum is negative. Practical setting is tied to whether you use a margin account or an ETF that supports shorting. Internal risk parameters (not exposed as inputs in this version) are: • Target Vol (annual). Target annual volatility for volatility targeting, default 0.2. • Vol Lookback (days). Window for realised volatility, default 63 trading days. • Max Leverage. Cap on leverage when volatility targeting is enabled, default 2. Usage recipes Swing continuation • Signal timeframe. Use the daily chart. • Benchmark symbol. Leave at SPY for US equity index exposure. • Momentum lookback. Eighteen months as a default, with twelve months as an alternative preset for a faster swing bias. Properties visible in this publication • Initial capital. 100000 • Base currency. USD • Default order size method. 5% of the total capital in this example • Pyramiding. 0 • Commission. 0.03 percent • Slippage. 3 ticks • Process orders on close. On • Bar magnifier. Off • Recalculate after order is filled. Off • Calc on every tick. Off • All request.security calls use lookahead = barmerge.lookahead_off Realism and responsible publication The strategy is for education and research only. It does not claim any guaranteed edge or future performance. All results in Strategy Tester are hypothetical and depend on the data vendor, costs, and slippage assumptions. Intrabar motion is not modeled inside daily bars so extreme moves and gaps can lead to fills that differ from live trading. The logic is built for standard candles and should not be used on synthetic chart types for execution decisions. Performance is sensitive to regime structure in the US equity market, which may change over time. The strategy does not protect against single day crash risk inside bars and does not model gap risk explicitly. Past behavior of SPY and the momentum effect does not guarantee future persistence. Honest limitations and failure modes • Long sideways regimes with small net change over eighteen months can lead to whipsaw around the zero line. • Very sharp V shaped reversals after deep declines will often be missed because the model waits for momentum to turn positive again. • The sample size in a full SPY history is small because regime changes are infrequent, so any test must be interpreted as indicative rather than statistically precise. • The model is highly dependent on the chosen lookback. Users should test nearby values and validate that behavior is qualitatively stable. Legal Education and research only. Not investment advice. You are responsible for your own decisions. Always test on historical data and in simulation with realistic costs before any live use.
Pine Script® strategy
by exlux
GexView📈  OVERVIEW GexView indicator plots the Historical Gamma Exposure (GEX) profile, directly on the chart. It enables traders and analysts to observe how GEX profile evolve across multiple days/sessions. 🧲  CONCEPT Today everybody uses Gamma Exposure. Gamma is the ROC (Rate of Change) for an option’s delta. GEX is crucial for all traders, not just intraday traders, because it helps assess market stability and potential volatility shifts driven by options positioning. High positive GEX generally implies a mean-reverting market, where big price swings are dampened, while negative GEX signals increased volatility and potential large moves. Understanding GEX allows traders to anticipate liquidity-driven price action, identify key support and resistance levels, and adjust strategies accordingly. In today’s market, where options flow heavily influences underlying assets, ignoring GEX can mean missing critical market dynamics that impact both short-term and long-term positions. 💡  UNIQUENESS This indicator is a unique tool and offers a groundbreaking way to visualize market dynamics by plotting Historical Gamma Exposure (GEX), like a Volume Profile across multiple days or sessions. For the first time, traders can clearly see how GEX levels evolve over time, revealing how certain price zones gain or lose importance as market conditions change. This multi-session GEX profile allows users to identify persistent areas of dealer positioning and potential support or resistance that develop and shift over days. Unlike traditional GEX tools designed primarily for intraday use, this indicator provides valuable insight for both short-term traders and medium-term investors seeking to understand how option market flows influence price behaviour over extended periods. ⚙️  FEATURES • Historical Gamma Exposure The GexView indicator by default plots the last 6 days of the GEX profile, providing a framework for understanding the bigger picture. • GEX profile Displays the 10 largest GEX levels across all expirations (thick lines), as well as the 10 largest GEX levels for the next expiration (thin lines, 0DTE or upcoming). • Update Daily, after market close, based on new open interest. No more manual level imports. Just one-click update. • Settings Option to plot total sum GEX for all expirations, or only net GEX for next expiration. • Watchlist SPX, NDX, DIA, SPY, QQQ, VIX, VXX, IBIT (Additional tickers coming soon) • Mapping The indicator automatically detects and maps the underlying ticker on your chart, or lets you plot any symbol from the available watchlist. 🔍  HOW TO USE • Identify intraday support and resistance levels shaped by option market dynamics • Quickly spot significant GEX levels and compare how they relate to other key levels. • Compare current vs. past GEX distributions for contextual trend analysis • Observe structural GEX shifts that may align with volatility or mean-reversion setups • Easily understanding if an asset trading on positive gamma (around green lines), or negative gamma (around red lines) Examples: 1. DIA ETF 2. QQQ and VIX 📚  NOTES • Calculation GEX for All Expirations: This is the total sum (Call+Put) of gamma exposure of all expirations. GEX for Nearest Expirations: This is the net sum (Call-Put) of gamma exposure of next expirations (0DTE if available). • Trading Session - RTH & ETH The indicator can include the extended trading hours when activated on the chart. ✅  VISUALIZATION • Vertical implementation of gamma exposure profile. • Thick lines represent the total gamma exposure across all expiration contracts. • Thin lines represent the gamma exposure of next expiration only. • All Expirations: Green colour if Calls > Puts, Red colour if Calls < Puts • Next Expiration: Lime colour if Calls > Puts, Maroon colour if Calls < Puts ⚠️ DISCLAIMER This indicator is provided for informational and educational purposes only.
It does not constitute financial advice or a recommendation to buy or sell any financial instrument.
Historical Gamma patterns and analytical interpretations do not guarantee future performance.
All analysis should be combined with independent research and risk management.
Pine Script® indicator
by Gexvieww
SPY/QQQ Customizable Price ConverterThis is a minimalist utility tool designed for Index traders (SPX, NDX, RUT). It allows you to monitor the price of a reference asset (like SPY, QQQ) directly on your main chart without cluttering your screen. Key Features: 1.🖱️ Crosshair Sync for Historical Data (Highlight): Unlike simple info tables that only show the latest price, this script allows for historical inspection. · How it works: Simply move your mouse crosshair over ANY historical candle on your chart. · The script will instantly display the closing price of the reference asset (e.g., SPY) for that specific time in the Status Line (top-left) or the Data Window. Perfect for backtesting and reviewing price action. 2.🔄 Fully Customizable Ticker: Default is set to SPY, but you can change it to anything in the settings. e.g. · Trading NDX Change it to QQQ. · Trading RUT Change it to IWM. 3.📊 Clean Real-Time Dashboard: · A floating table displays the current real-time price of your reference asset. · Color-coded text (Green/Red) indicates price movement. · Fully customizable size, position, and colors to fit your layout.
Pine Script® indicator
by Sewell_
SP500 Session Gap Fade StrategySummary in one paragraph SPX Session Gap Fade is an intraday gap fade strategy for index futures, designed around regular cash sessions on five minute charts. It helps you participate only when there is a full overnight or pre session gap and a valid intraday session window, instead of trading every open. The original part is the gap distance engine which anchors both stop and optional target to the previous session reference close at a configurable flat time, so every trade’s risk scales with the actual gap size rather than a fixed tick stop. Scope and intent • Markets. Primarily index futures such as ES, NQ, YM, and liquid index CFDs that exhibit overnight gaps and regular cash hours. • Timeframes. Intraday timeframes from one minute to fifteen minutes. Default usage is five minute bars. • Default demo used in the publication. Symbol CME:ES1! on a five minute chart. • Purpose. Provide a simple, transparent way to trade opening gaps with a session anchored risk model and forced flat exit so you are not holding into the last part of the session. • Limits. This is a strategy. Orders are simulated on standard candles only. Originality and usefulness • Unique concept or fusion. The core novelty is the combination of a strict “full gap” entry condition with a session anchored reference close and a gap distance based TP and SL engine. The stop and optional target are symmetric multiples of the actual gap distance from the previous session’s flat close, rather than fixed ticks. • Failure mode it addresses. Fixed sized stops do not scale when gaps are unusually small or unusually large, which can either under risk or over risk the account. The session flat logic also reduces the chance of holding residual positions into late session liquidity and news. • Testability. All key pieces are explicit in the Inputs: session window, minutes before session end, whether to use gap exits, whether TP or SL are active, and whether to allow candle based closes and forced flat. You can toggle each component and see how it changes entries and exits. • Portable yardstick. The main unit is the absolute price gap between the entry bar open and the previous session reference close. tp_mult and sl_mult are multiples of that gap, which makes the risk model portable across contracts and volatility regimes. Method overview in plain language The strategy first defines a trading session using exchange time, for example 08:30 to 15:30 for ES day hours. It also defines a “flat” time a fixed number of minutes before session end. At the flat bar, any open position is closed and the bar’s close price is stored as the reference close for the next session. Inside the session, the strategy looks for a full gap bar relative to the prior bar: a gap down where today’s high is below yesterday’s low, or a gap up where today’s low is above yesterday’s high. A full gap down generates a long entry; a full gap up generates a short entry. If the gap risk engine is enabled and a valid reference close exists, the strategy measures the distance between the entry bar open and that reference close. It then sets a stop and optional target as configurable multiples of that gap distance and manages them with strategy.exit. Additional exits can be triggered by a candle color flip or by the forced flat time. Base measures • Range basis. The main unit is the absolute difference between the current entry bar open and the stored reference close from the previous session flat bar. That value is used as a “gap unit” and scaled by tp_mult and sl_mult to build the target and stop. Components • Component one: Gap Direction. Detects full gap up or full gap down by comparing the current high and low to the previous bar’s high and low. Gap down signals a long fade, gap up signals a short fade. There is no smoothing; it is a strict structural condition. • Component two: Session Window. Only allows entries when the current time is within the configured session window. It also defines a flat time before the session end where positions are forced flat and the reference close is updated. • Component three: Gap Distance Risk Engine. Computes the absolute distance between the entry open and the stored reference close. The stop and optional target are placed as entry ± gap_distance × multiplier so that risk scales with gap size. • Optional component: Candle Exit. If enabled, a bullish bar closes short positions and a bearish bar closes long positions, which can shorten holding time when price reverses quickly inside the session. • Session windows. Session logic uses the exchange time of the chart symbol. When changing symbols or venues, verify that the session time string still matches the new instrument’s cash hours. Fusion rule All gates are hard conditions rather than weighted scores. A trade can only open if the session window is active and the full gap condition is true. The gap distance engine only activates if a valid reference close exists and use_gap_risk is on. TP and SL are controlled by separate booleans so you can use SL only, TP only, or both. Long and short are symmetric by construction: long trades fade full gap downs, short trades fade full gap ups with mirrored TP and SL logic. Signal rule • Long entry. Inside the active session, when the current bar shows a full gap down relative to the previous bar (current high below prior low), the strategy opens a long position. If the gap risk engine is active, it places a gap based stop below the entry and an optional target above it. • Short entry. Inside the active session, when the current bar shows a full gap up relative to the previous bar (current low above prior high), the strategy opens a short position. If the gap risk engine is active, it places a gap based stop above the entry and an optional target below it. • Forced flat. At the configured flat time before session end, any open position is closed and the close price of that bar becomes the new reference close for the following session. • Candle based exit. If enabled, a bearish bar closes longs, and a bullish bar closes shorts, regardless of where TP or SL sit, as long as a position is open. What you will see on the chart • Markers on entry bars. Standard strategy entry markers labeled “long” and “short” on the gap bars where trades open. • Exit markers. Standard exit markers on bars where either the gap stop or target are hit, or where a candle exit or forced flat close occurs. Exit IDs “long_gap” and “short_gap” label gap based exits. • Reference levels. Horizontal lines for the current long TP, long SL, short TP, and short SL while a position is open and the gap engine is enabled. They update when a new trade opens and disappear when flat. • Session background. This version does not add background shading for the session; session logic runs internally based on time. • No on chart table. All decisions are visible through orders and exit levels. Use the Strategy Tester for performance metrics. Inputs with guidance Session Settings • Trading session (sess). Session window in exchange time. Typical value uses the regular cash session for each contract, for example “0830-1530” for ES. Adjust if your broker or symbol uses different hours. • Minutes before session end to force exit (flat_before_min). Minutes before the session end where positions are forced flat and the reference close is stored. Typical range is 15 to 120. Raising it closes trades earlier in the day; lowering it allows trades later in the session. Gap Risk • Enable gap based TP/SL (use_gap_risk). Master switch for the gap distance exit engine. Turning it off keeps entries and forced flat logic but removes automatic TP and SL placement. • Use TP limit from gap (use_gap_tp). Enables gap based profit targets. Typical values are true for structured exits or false if you want to manage exits manually and only keep a stop. • Use SL stop from gap (use_gap_sl). Enables gap based stop losses. This should normally remain true so that each trade has a defined initial risk in ticks. • TP multiplier of gap distance (tp_mult). Multiplier applied to the gap distance for the target. Typical range is 0.5 to 2.0. Raising it places the target further away and reduces hit frequency. • SL multiplier of gap distance (sl_mult). Multiplier applied to the gap distance for the stop. Typical range is 0.5 to 2.0. Raising it widens the stop and increases risk per trade; lowering it tightens the stop and may increase the number of small losses. Exit Controls • Exit with candle logic (use_candle_exit). If true, closes shorts on bullish candles and longs on bearish candles. Useful when you want to react to intraday reversal bars even if TP or SL have not been reached. • Force flat before session end (use_forced_flat). If true, guarantees you are flat by the configured flat time and updates the reference close. Turn this off only if you understand the impact on overnight risk. Filters There is no separate trend or volatility filter in this version. All trades depend on the presence of a full gap bar inside the session. If you need extra filtering such as ATR, volume, or higher timeframe bias, they should be added explicitly and documented in your own fork. Usage recipes Intraday conservative gap fade • Timeframe. Five minute chart on ES regular session. • Gap risk. use_gap_risk = true, use_gap_tp = true, use_gap_sl = true. • Multipliers. tp_mult around 0.7 to 1.0 and sl_mult around 1.0. • Exits. use_candle_exit = false, use_forced_flat = true. Focus on the structured TP and SL around the gap. Intraday aggressive gap fade • Timeframe. Five minute chart. • Gap risk. use_gap_risk = true, use_gap_tp = false, use_gap_sl = true. • Multipliers. sl_mult around 0.7 to 1.0. • Exits. use_candle_exit = true, use_forced_flat = true. Entries fade full gaps, stops are tight, and candle color flips flatten trades early. Higher timeframe gap tests • Timeframe. Fifteen minute or sixty minute charts on instruments with regular gaps. • Gap risk. Keep use_gap_risk = true. Consider slightly higher sl_mult if gaps are structurally wider on the higher timeframe. • Note. Expect fewer trades and be careful with sample size; multi year data is recommended. Properties visible in this publication • On average our risk for each position over the last 200 trades is 0.4% with a max intraday loss of 1.5% of the total equity in this case of 100k $ with 1 contract ES. For other assets, recalculations and customizations has to be applied. • Initial capital. 100 000. • Base currency. USD. • Default order size method. Fixed with size 1 contract. • Pyramiding. 0. • Commission. Flat 2 USD per order in the Strategy Tester Properties. (2$ buying + 2$selling) • Slippage. One tick in the Strategy Tester Properties. • Process orders on close. ON. Realism and responsible publication • No performance claims are made. Past results do not guarantee future outcomes. • Costs use a realistic flat commission and one tick of slippage per trade for ES class futures. • Default sizing with one contract on a 100 000 reference account targets modest per trade risk. In practice, extreme slippage or gap through events can exceed this, so treat the one and a half percent risk target as a design goal, not a guarantee. • All orders are simulated on standard candles. Shapes can move while a bar is forming and settle on bar close. Honest limitations and failure modes • Economic releases, thin liquidity, and limit conditions can break the assumptions behind the simple gap model and lead to slippage or skipped fills. • Symbols with very frequent or very large gaps may require adjusted multipliers or alternative risk handling, especially in high volatility regimes. • Very quiet periods without clean gaps will produce few or no trades. This is expected behavior, not a bug. • Session windows follow the exchange time of the chart. Always confirm that the configured session matches the symbol. • When both the stop and target lie inside the same bar’s range, the TradingView engine decides which is hit first based on its internal intrabar assumptions. Without bar magnifier, tie handling is approximate. Legal Education and research only. This strategy is not investment advice. You remain responsible for all trading decisions. Always test on historical data and in simulation with realistic costs before considering any live use.
Pine Script® strategy
by exlux
2
BB SPY Mean Reversion Investment StrategySummary Mean reversion first, continuation second. This strategy targets equities and ETFs on daily timeframes. It waits for price to revert from a Bollinger location with candle and EMA agreement, then manages risk with ATR based exits. Uniqueness comes from two elements working together. One, an adaptive band multiplier driven by volatility of volatility that expands or contracts the envelope as conditions change. Two, a bias memory that re arms the same direction after any stop, target, or time exit until a true opposite signal appears. Add it to a clean chart, use the markers and levels, and select on bar close for conservative alerts. Shapes can move while the bar is open and settle on close. Scope and intent • Markets. Currently adapted for SPY, needs to be optimized for other assets • Timeframes. Daily primary. Other frames are possible but not the default • Default demo. SPY on daily • Purpose. Trade mean reversion entries that can chain into a longer swing by splitting holds into ATR or time segments Originality and usefulness • Novelty. Adaptive band width from volatility of volatility plus a persistent bias array that keeps the original direction alive across sequential entries until an opposite setup is confirmed • Failure modes mitigated. False starts in chop are reduced by candle color and EMA location. Missed continuation after a take profit or stop is addressed by the re arm engine. Oversized envelopes during quiet regimes are avoided by the adaptive multiplier • Testability. Every module has Inputs and visible levels so users can see why a suggestion appears • Portable yardstick. All risk and targets are expressed in ATR units Method overview in plain language The engine measures where price sits relative to Bollinger bands, confirms with candle color and EMA location, requires ADX for shorts(in our case long close since we use it currently as long only), and optionally requires a trend or mean reversion regime using band width percent rank and basis slope. Risk uses ATR for stop, target, and optional breakeven. A small array stores the last confirmed direction. While flat, the engine keeps a pending order in that direction. The array flips only when a true opposite setup appears. Base measures • Range basis. True Range smoothed over a user defined ATR Length • Return basis. Not required Components • Bollinger envelope. SMA length and standard deviation multiplier. Entry is based on cross of close through the band with location bias • Candle and EMA filter. Close relative to open and close relative to EMA align direction • ADX gate for shorts. Requires minimum trend strength for short trades • Adaptive multiplier. Band width scales using volatility of volatility so envelopes breathe with conditions • Regime gate optional. Band width percent rank and basis slope identify trend or mean reversion regimes • Risk manager. ATR stop, ATR target, optional breakeven, optional time exit • Bias memory. Array stores last confirmed direction and re arms entries while flat Fusion rule Minimum satisfied gates count style. All required gates must be true. Optional gates are controlled in Inputs. Bias memory never overrides an opposite confirmed setup. Signal rule • Long setup when close crosses up through the lower band, the bar closes green, and close is above the long EMA • Short setup when close crosses down through the upper band, the bar closes red, close is below the short EMA, and ADX is above the minimum • While flat the model keeps a pending order in the stored direction until a true opposite setup appears • IN LONG or IN SHORT describes states between entry and exit What you will see on the chart • Markers for Long and Short setups • Exit markers from ATR or time rules • Reference levels for entry, stop, and target • Bollinger bands and optional adaptive bands Inputs with guidance Setup • Signal timeframe. Uses the chart timeframe • Invert direction optional. Flips long and short Logic • BB Length. Typical 10 to 50. Higher smooths more • BB Mult. Typical 1.0 to 2.5. Higher widens entries • EMA Length long. Typical 10 to 50 • EMA Length short. Typical 5 to 30 • ADX Minimum for short. Typical 15 to 35 Filters • Regime Type. none or trend or mean reversion • Rank Lookback. Typical 100 to 300 • Basis Slope Length and Threshold. Larger values reduce false trends Risk • ATR Length. Typical 10 to 21 • ATR Stop Mult. Typical 1.0 to 3.0 • ATR Take Profit Mult. Typical 2.0 to 5.0 • Breakeven Trigger R. Move stop to entry after the chosen multiple • Time Exit. Minimum bars and extension when profit exceeds a fraction of ATR Bias and rearm • Bias flips kept. Array depth • Keep rearm when flat. Maintain a pending order while flat UI • Show markers and levels. Clean defaults Usage recipes Alerts update in real time and can change while the bar forms. Select on bar close for conservative workflows. Properties visible in this publication • Initial capital 25000 • Base currency USD • If any higher timeframe calls are enabled, request.security uses lookahead off • Commission 0.03 percent • Slippage 3 ticks • Default order size method Percent of equity with value 5 • Pyramiding 0 • Process orders on close On • Bar magnifier Off • Recalculate after order is filled Off • Calc on every tick Off Realism and responsible publication No performance claims. Costs and fills vary by venue. Shapes can move intrabar and settle on close. Strategies use standard candles only. Honest limitations and failure modes High impact releases and thin liquidity can break assumptions. Gap heavy symbols may require larger ATR. Very quiet regimes can reduce contrast in the mean reversion signal. If stop and target can both be touched inside one bar, outcome follows the TradingView order model for that bar path. Regimes with extreme one sided trend and very low volatility can reduce mean reversion edges. Results vary by symbol and venue. Past results never guarantee future outcomes. Open source reuse and credits None. Backtest realism Costs are realistic for liquid equities. Sizing does not exceed five percent per trade by default. Any departure should be justified by the user. If you got any questions please le me know
Pine Script® strategy
by exlux
NY VIX Channel Trend US Futures Day Trade StrategyNY VIX Channel Trend Strategy Summary in one paragraph Session anchored intraday strategy for index futures such as ES and NQ on one to fifteen minute charts. It acts only after the first configurable window of New York Regular Trading Hours and uses a VIX derived daily implied move to form a realistic channel from the session open. Originality comes from using a pure implied volatility yardstick as portable support and resistance, then committing in the direction of the first window close relative to the open. Add it to a clean chart and trade the simple visuals. For conservative alerts use on bar close. Scope and intent • Markets. Index futures ES and NQ • Timeframes. One to thirty minutes • Default demo. ES1 on five minutes • Purpose. Provide a portable intraday yardstick for entries and exits without curve fitting • Limits. This is a strategy. Orders are simulated on standard candles Originality and usefulness • Unique concept. A VIX only channel anchored at 09:30 New York plus a single window trend test • Addresses. False urgency at session open and unrealistic bands from arbitrary multipliers • Testability. Every input is visible and the channel is plotted so users can audit behavior • Portable yardstick. Daily implied move equals VIX percent divided by square root of two hundred fifty two • Protected status. None. Method and use are fully disclosed Method overview in plain language Take the daily VIX or VIX9D value, convert it to a daily fraction by dividing by square root of two hundred fifty two, then anchor a symmetric channel at the New York session open. Observe the first N minutes. If that window closes above the open the bias is long. If it closes below the open the bias is short. One trade per session. Exits occur at the channel boundary or at a bracket based on a user selected VIX factor. Positions are closed a set number of minutes before the session ends. Base measures Return basis. The daily implied move unit equals VIX percent divided by square root of two hundred fifty two and serves as the distance unit for targets and stops. Components • VIX Channel. Top, mid, bottom lines anchored at 09:30 New York. No extra multipliers • Window Trend. Close of the first N minutes relative to the session open sets direction • Risk Bracket. Take profit and stop loss equal to VIX unit times user factor • Session Window. Uses the exchange time of the chart Fusion rule Minimum gates count equals one. The trade only arms after the window has elapsed and a direction exists. One entry per session. Signal rule • Long when the window close is above the session open and the window has completed • Short when the window close is below the session open and the window has completed • Exit on channel touch. Long exits at the top. Short exits at the bottom • Flat thirty minutes before the session close or at the user setting Inputs with guidance Setup • Use VIX9D. Width source. Typical true for fast tone or false for baseline • Use daily OPEN. Toggle for sensitivity to overnight changes Logic • Window minutes. Five to one hundred twenty. Larger values delay entries and reduce whipsaw • VIX factor for TP. Zero point five to two. Raising it widens the profit target • VIX factor for SL. Zero point five to two. Raising it widens the stop • Exit minutes before close. Fifteen to ninety. Raising it exits earlier Properties visible in this publication • Initial capital one hundred thousand USD • Base currency USD • request.security uses lookahead off • Commission cash per contract two point five $ per each contract. Slippage one tick • Default order size method FIXED with value one contract. Pyramiding zero. Process orders on close ON. Bar magnifier OFF. Recalculate after order is filled OFF. Calc on every tick ON Realism and responsible publication No performance claims. Past results never guarantee future outcomes. Fills and slippage vary by venue. Shapes can move while a bar forms and settle on close. Strategy uses standard candles. Honest limitations and failure modes Economic releases and thin liquidity can break the channel. Very quiet regimes can reduce signal contrast. Session windows follow the exchange time of the chart. If both stop and target can be hit within one bar, assume stop first for conservative reading without bar magnifier. Works best in liquid hours of New York RTH. Very large gaps and surprise news may exceed the implied channel. Always validate on the symbols you trade. Entries and exits • Entry logic. After the first window, go long if the window close is above the session open, go short if below • Exit logic. Long exits at the channel top or at the take profit or stop. Short exits at the channel bottom or at the take profit or stop. Flat before session close by the configured minutes • Risk model. Initial stop and target based on the VIX unit times user factors. No trail and no break even. No cooldown • Tie handling. Treat as stop first for conservative interpretation Position sizing Fixed size one contract per trade. Target risk per trade should generally remain near one percent of account equity. Risk is based on the daily volatility value, the max loss from the tests for one year duration with 5min chart was 4%, while the avg loss was below <1% of the total capital. If you have any questions please let me know. Thank you for coming by !
Pine Script® strategy
by exlux
10
GB · Set upUp & Confirmation (Lower Pane)The GB Set-Up & Confirmation Indicator transforms raw momentum into a clear, color-coded decision framework for intraday scalping. It’s the heartbeat monitor of 0DTE trading — revealing when momentum quietly shifts and when it explodes into confirmation. Milliseconds Ahead: Confirm-on-Prior mode mimics predictive confirmation, letting traders catch reversals before the lag candle. Noise-Adaptive: Near-zero band filtering reduces false breaks from micro volatility. Visual Precision: Dual markers and labeled confirmations remove hesitation in execution. Configurable Latency: Sensitivity presets + fine-tune ensure adaptability from SPX 1-min charts to QQQ 5-min momentum waves. Platform: Designed for lower-pane deployment beneath the main price chart. Primary Use: Time-sensitive momentum confirmation for 0DTE SPX/SPY/QQQ scalps. Typical Workflow: Wait for Early (Set-Up) triangle near the zero band → signals momentum shift. Enter on the Confirmed triangle (or one candle prior if using “Confirm on Prior”). Exit when opposite signal fires or wave color fades (momentum exhaustion). Complementary Indicators: Pairs seamlessly with GB TMA Overlay, GB ORB Shading, or Phoenix Fire Confluence for full-stack entry validation. Adaptive Sensitivity Presets - Aggressive: reacts early to momentum pulses (scalp mode). - Balanced: optimized for intraday consistency. - Strict: waits for full trend maturity (swing mode).
Pine Script® indicator
by grizzlybrahman
TriAnchor Elastic Reversion US Market SPY and QQQ adaptedSummary in one paragraph Mean-reversion strategy for liquid ETFs, index futures, large-cap equities, and major crypto on intraday to daily timeframes. It waits for three anchored VWAP stretches to become statistically extreme, aligns with bar-shape and breadth, and fades the move. Originality comes from fusing daily, weekly, and monthly AVWAP distances into a single ATR-normalized energy percentile, then gating with a robust Z-score and a session-safe gap filter. Scope and intent • Markets: SPY QQQ IWM NDX large caps liquid futures liquid crypto • Timeframes: 5 min to 1 day • Default demo: SPY on 60 min • Purpose: fade stretched moves only when multi-anchor context and breadth agree • Limits: strategy uses standard candles for signals and orders only Originality and usefulness • Unique fusion: tri-anchor AVWAP energy percentile plus robust Z of close plus shape-in-range gate plus breadth Z of SPY QQQ IWM • Failure mode addressed: chasing extended moves and fading during index-wide thrusts • Testability: each component is an input and visible in orders list via L and S tags • Portable yardstick: distances are ATR-normalized so thresholds transfer across symbols • Open source: method and implementation are disclosed for community review Method overview in plain language Base measures • Range basis: ATR(length = atr_len) as the normalization unit • Return basis: not used directly; we use rank statistics for stability Components • Tri-Anchor Energy: squared distances of price from daily, weekly, monthly AVWAPs, each divided by ATR, then summed and ranked to a percentile over base_len • Robust Z of Close: median and MAD based Z to avoid outliers • Shape Gate: position of close inside bar range to require capitulation for longs and exhaustion for shorts • Breadth Gate: average robust Z of SPY QQQ IWM to avoid fading when the tape is one-sided • Gap Shock: skip signals after large session gaps Fusion rule • All required gates must be true: Energy ≥ energy_trig_prc, |Robust Z| ≥ z_trig, Shape satisfied, Breadth confirmed, Gap filter clear Signal rule • Long: energy extreme, Z negative beyond threshold, close near bar low, breadth Z ≤ −breadth_z_ok • Short: energy extreme, Z positive beyond threshold, close near bar high, breadth Z ≥ +breadth_z_ok What you will see on the chart • Standard strategy arrows for entries and exits • Optional short-side brackets: ATR stop and ATR take profit if enabled Inputs with guidance Setup • Base length: window for percentile ranks and medians. Typical 40 to 80. Longer smooths, shorter reacts. • ATR length: normalization unit. Typical 10 to 20. Higher reduces noise. • VWAP band stdev: volatility bands for anchors. Typical 2.0 to 4.0. • Robust Z window: 40 to 100. Larger for stability. • Robust Z entry magnitude: 1.2 to 2.2. Higher means stronger extremes only. • Energy percentile trigger: 90 to 99.5. Higher limits signals to rare stretches. • Bar close in range gate long: 0.05 to 0.25. Larger requires deeper capitulation for longs. Regime and Breadth • Use breadth gate: on when trading indices or broad ETFs. • Breadth Z confirm magnitude: 0.8 to 1.8. Higher avoids fighting thrusts. • Gap shock percent: 1.0 to 5.0. Larger allows more gaps to trade. Risk — Short only • Enable short SL TP: on to bracket shorts. • Short ATR stop mult: 1.0 to 3.0. • Short ATR take profit mult: 1.0 to 6.0. Properties visible in this publication • Initial capital: 25000USD • Default order size: Percent of total equity 3% • Pyramiding: 0 • Commission: 0.03 percent • Slippage: 5 ticks • Process orders on close: OFF • Bar magnifier: OFF • Recalculate after order is filled: OFF • Calc on every tick: OFF • request.security lookahead off where used Realism and responsible publication • No performance claims. Past results never guarantee future outcomes • Fills and slippage vary by venue • Shapes can move during bar formation and settle on close • Standard candles only for strategies Honest limitations and failure modes • Economic releases or very thin liquidity can overwhelm mean-reversion logic • Heavy gap regimes may require larger gap filter or TR-based tuning • Very quiet regimes reduce signal contrast; extend windows or raise thresholds Open source reuse and credits • None Strategy notice Orders are simulated by TradingView on standard candles. request.security uses lookahead off where applicable. Non-standard charts are not supported for execution. Entries and exits • Entry logic: as in Signal rule above • Exit logic: short side optional ATR stop and ATR take profit via brackets; long side closes on opposite setup • Risk model: ATR-based brackets on shorts when enabled • Tie handling: stop first when both could be touched inside one bar Dataset and sample size • Test across your visible history. For robust inference prefer 100 plus trades.
Pine Script® strategy
by exlux
2
FluxGate Daily Swing StrategySummary in one paragraph FluxGate treats long and short as different ecosystems. It runs two independent engines so the long side can be bold when the tape rewards upside persistence while the short side can stay selective when downside is messy. The core reads three directional drivers from price geometry then removes overlap before gating with clean path checks. The complementary risk module anchors stop distance to a higher timeframe ATR so a unit means the same thing on SPY and BTC. It can add take profit breakeven and an ATR trail that only activates after the trade earns it. If a stop is hit the strategy can re enter in the same direction on the next bar with a daily retry cap that you control. Add it to a clean chart. Use defaults to see the intended behavior. For conservative workflows evaluate on bar close. Scope and intent • Markets. Large cap equities and liquid ETFs major FX pairs US index futures and liquid crypto pairs • Timeframes. From one minute to daily • Default demo in this publication. SPY on one day timeframe • Purpose. Reduce false starts without missing sustained trends by fusing independent drivers and suppressing activity when the path is noisy • Limits. This is a strategy. Orders are simulated on standard candles. Non standard chart types are not supported for execution Originality and usefulness • Unique fusion. FluxGate extracts three drivers that look at price from different angles. Direction measures slope of a smoothed guide and scales by realized volatility so a point of slope does not mean a different thing on different symbols. Persistence looks at short sign agreement to reward series of closes that keep direction. Curvature measures the second difference of a local fit to wake up during convex pushes. These three are then orthonormalized so a strong reading in one does not double count through another. • Gates that matter. Efficiency ratio prefers direct paths over treadmills. Entropy turns up versus down frequency into an information read. Light fractal cohesion punishes wrinkly paths. Together they slow the system in chop and allow it to open up when the path is clean. • Separate long and short engines. Threshold tilts adapt to the skew of score excursions. That lets long engage earlier when upside distribution supports it and keeps short cautious where downside surprise and venue frictions are common. • Practical risk behavior. Stops are ATR anchored on a higher timeframe so the unit is portable. Take profit is expressed in R so two R means the same concept across symbols. Breakeven and trailing only activate after a chosen R so early noise does not squeeze a good entry. Re entry after stop lets the system try again without you babysitting the chart. • Testability. Every major window and the aggression controls live in Inputs. There is no hidden magic number. Method overview in plain language Base measures • Return basis. Natural log of close over prior close for stability and easy aggregation through time. Realized volatility is the standard deviation of returns over a moving window. • Range basis for risk. ATR computed on a higher timeframe anchor such as day week or month. That anchor is steady across venues and avoids chasing chart specific quirks. Components • Directional intensity. Use an EMA of typical price as a guide. Take the day to day slope as raw direction. Divide by realized volatility to get a unit free measure. Soft clip to keep outliers from dominating. • Persistence. Encode whether each bar closed up or down. Measure short sign agreement so a string of higher closes scores better than a jittery sequence. This favors push continuity without guessing tops or bottoms. • Curvature. Fit a short linear regression and compute the second difference of the fitted series. Strong curvature flags acceleration that slope alone may miss. • Efficiency gate. Compare net move to path length over a gate window. Values near one indicate direct paths. Values near zero indicate treadmill behavior. • Entropy gate. Convert up versus down frequency into a probability of direction. High entropy means coin toss. The gate narrows there. • Fractal cohesion. A light read of path wrinkliness relative to span. Lower cohesion reduces the urge to act. • Phase assist. Map price inside a recent channel to a small signed bias that grows with confidence. This helps entries lean toward the right half of the channel without becoming a breakout rule. • Shock control. Compare short volatility to long volatility. When short term volatility spikes the shock gate temporarily damps activity so the system waits for pressure to normalize. Fusion rule • Normalize the three drivers after removing overlap • Blend with weights that adapt to your aggression input • Multiply by the gates to respect path quality • Smooth just enough to avoid jitter while keeping timing responsive • Compute an adaptive mean and deviation of the score and set separate long and short thresholds with a small tilt informed by skew sign • The result is one long score and one short score that can cross their thresholds at different times for the same tape which is a feature not a bug Signal rule • A long suggestion appears when the long score crosses above its long threshold while all gates are active • A short suggestion appears when the short score crosses below its short threshold while all gates are active • If any required gate is missing the state is wait • When a position is open the status is in long or in short until the complementary risk engine exits or your entry mode closes and flips Inputs with guidance Setup Long • Base length Long. Master window for the long engine. Typical range twenty four to eighty. Raising it improves selectivity and reduces trade count. Lowering it reacts faster but can increase noise • Aggression Long. Zero to one. Higher values make thresholds more permissive and shorten smoothing Setup Short • Base length Short. Master window for the short engine. Typical range twenty eight to ninety six • Aggression Short. Zero to one. Lower values keep shorts conservative which is often useful on upward drifting symbols Entries and UI • Entry mode. Both or Long only or Short only Complementary risk engine • Enable risk engine. Turns on bracket exits while keeping your signal logic untouched • ATR anchor timeframe. Day Week or Month. This sets the structural unit of stop distance • ATR length. Default fourteen • Stop multiple. Default one point five times the anchor ATR • Use take profit. On by default • Take profit in R. Default two R • Breakeven trigger in R. Default one R Usage recipes Intraday trend focus • Entry mode Both • ATR anchor Week • Aggression Long zero point five Aggression Short zero point three • Stop multiple one point five Take profit two R • Expect fewer trades that stick to directional pushes and skip treadmill noise Intraday mean reversion focus • Session windows optional if you add them in your copy • ATR anchor Day • Lower aggression both sides • Breakeven later and trailing later so the first bounce has room • This favors fade entries that still convert into trends when the path stays clean Swing continuation • Signal timeframe four hours or one day • Confirm timeframe one day if you choose to include bias • ATR anchor Week or Month • Larger base windows and a steady two R target • This accepts fewer entries and aims for larger holds Properties visible in this publication • Initial capital 25.000 • Base currency USD • Default order size percent of equity value three - 3% of the total capital • Pyramiding zero • Commission zero point zero three percent - 0.03% of total capital • Slippage five ticks • Process orders on close off • Recalculate after order is filled off • Calc on every tick off • Bar magnifier off • Any request security calls use lookahead off everywhere Realism and responsible publication • No performance promises. Past results never guarantee future outcomes • Fills and slippage vary by venue and feed • Strategies run on standard candles only • Shapes can update while a bar is forming and settle on close • Keep risk per trade sensible. Around one percent is typical for study. Above five to ten percent is rarely sustainable Honest limitations and failure modes • Sudden news and thin liquidity can break assumptions behind entropy and cohesion reads • Gap heavy symbols often behave better with a True Range basis for risk than a simple range • Very quiet regimes can reduce score contrast. Consider longer windows or higher thresholds when markets sleep • Session windows follow the exchange time of the chart if you add them • If stop and target can both be inside a single bar this strategy prefers stop first to keep accounting conservative Open source reuse and credits • No reused open source beyond public domain building blocks such as ATR EMA and linear regression concepts Legal Education and research only. Not investment advice. You are responsible for your decisions. Test on history and in simulation with realistic costs
Pine Script® strategy
by exlux
ProbRSI Adaptive SPY and QQQ Swing One Hour Strategy Summary in one paragraph A probabilistic RSI engine for large cap ETFs and index names on intraday and swing timeframes. It converts ATR scaled returns into a 0 to 100 probability line, adapts its smoothing from path efficiency, and gates flips with simple percent levels. It is original because it fuses three pieces that traders rarely combine in one signal line: ATR normalized return probability, curvature compression, and per bar adaptive EMA. Add it to a clean chart, keep the default one hour signal on QQQ, and read the entry and exit markers generated by the strategy. For conservative alerts select on bar close. Scope and intent • Markets. Major ETFs and large cap equities. Index futures. Liquid crypto. Major FX pairs • Timeframes. One minute to daily. Defaults to one hour for swing pace • Default demo used in this publication. SPY/QQQ on one hour • Purpose. Reduce false flips by adapting to path efficiency and by gating long and short separately • Limits. This is a strategy. Orders are simulated on standard candles only Originality and usefulness • Unique fusion. Logistic probability of ATR scaled returns with arcsine pre transform, optional curvature compression, and per bar adaptive EMA steered by an efficiency ratio • Failure mode addressed. Fast whips in congestion and late entries after spikes • Testability. Each component has a named input and can be tuned directly. Entry names Long and Short are visible in the list of trades • Portable yardstick. ATR scaled return is a common unit across symbols and venues • Protected rationale. The code stays protected to preserve implementation details of the adaptive engine and curvature assist while the method and usage are fully explained here for community review Method overview in plain language You convert raw returns into a probability scale, adapt the smoothing to the straightness of the path, and only allow flips when a simple gate is satisfied. The probability line crosses its own EMA to generate signals. When the cross happens below a short gate or above a long gate, the flip is allowed. Otherwise it is ignored. Base measures • Return basis. Close minus prior close normalized by ATR, then arcsine to damp large steps. ATR window is set by ATR length. Sensitivity is adjusted by an ATR scale input • Probability map. A logistic function maps the normalized return to 0 to 1 which becomes 0 to 100 after scaling Components • Probability core. Logistic probability of ATR scaled returns. Higher values imply upside pressure. Smoothed by an adaptive EMA • Curvature assist optional. A curvature proxy compresses extreme spikes toward neutral. Useful after news bars. Weight controls strength • Efficiency ratio. A path efficiency score from 0 to 1 extends the smoothing length during noisy paths and shortens it during directional paths • Signal line. An EMA of the probability line creates the reference for cross up and cross down • Gates. Two simple percent levels define when long and short flips are allowed Fusion rule • The adaptive EMA length is computed as a linear map between a minimum and a maximum bound based on one minus efficiency • If curvature assist is enabled the probability is adjusted by a small counter spike term • Final probability is compared to its EMA Signal rule • Long. A long entry is suggested when probability crosses above the signal line and the current probability is above the Long gate level • Short. A short entry is suggested when probability crosses below the signal line and the current probability is below the Short gate level • Exit and flip. When an opposite entry condition appears the current position is closed and a new position opens in the opposite direction What you will see on the chart • Strategy markers on suggestion bars. Orders named Long and Short • Exit marker when the opposite signal closes the open side • No table by design. All tuning lives in Inputs for a clean chart Inputs with guidance Market TF • Symbol. Series used for oscillator computation. Use the instrument you trade or a close proxy • Signal timeframe. Timeframe where the oscillator is evaluated. Leave blank to follow the chart Core • Price source. Series used for returns. Typical choice close • Base length. Fallback EMA length used when adaptation is off. Typical range 20 to 200. Larger smooths more • ATR length. Window for ATR that scales returns. Typical range 10 to 30. Larger normalizes more and lowers sensitivity • Logit sharpness. Steepness of the logistic link. Typical range 1 to 8. Raising it reacts more to the same input • ATR scale. Extra divisor on ATR. Typical range 0.5 to 2. Smaller is more sensitive • Signal length. EMA of the probability line. Typical range 5 to 20. Larger gives fewer flips • Long gate. Allow long flips only above this level. Typical range 20 to 40 • Short gate. Allow short flips only below this level. Typical range 20 to 40 Adaptive • Adaptive smoothing. If on, the efficiency ratio controls the per bar EMA length • Min effective length. Lower bound of adaptive EMA. Typical range 5 to 50 • Max effective length. Upper bound of adaptive EMA. Typical range 50 to 300 • Efficiency window. Window for efficiency ratio. Typical range 30 to 100 Shape Assist • Curvature influence. If on, extreme spikes are nudged toward neutral • Curvature weight. Strength of compression. Typical range 0.1 to 0.3 Properties visible in this publication • Initial capital. 25000 • Base currency. USD • request.security lookahead off everywhere • Commission. 0.03 percent • Slippage. 5 ticks • Default order size method percent of equity with value 3 for realistic testing • Pyramiding 0 • Process orders on close ON • Bar magnifier OFF • Recalculate after order is filled OFF • Calc on every tick OFF Realism and responsible publication • No performance claims. Past results never guarantee future outcomes • Shapes can move while a bar forms and settle on close • Strategies use standard candles for signals and orders only Honest limitations and failure modes • Economic releases and thin liquidity can break assumptions behind the curvature assist • Gap heavy symbols may prefer a longer ATR window • Very quiet regimes can reduce signal contrast. Consider higher gates or longer signal length • Session time follows the exchange of the chart and can change symbol to symbol • Symbol sensitivity is expected. Use the gates and length inputs to find stable settings • Past results never guarantee future outcomes Open source reuse and credits • None Mode Public protected. Source is hidden while access is free. Implementation detail remains private. Method and use are fully disclosed here Legal Education and research only. Not investment advice. You are responsible for your decisions. Test on historical data and in simulation before any live use. Use realistic costs.
Pine Script® strategy
by exlux
2
TwinPulse Q Lead SPY x QQQ Intermarket Pulse 1HTwinPulse Q Lead is a concise one hour indicator for SPY and QQQ that converts three sources of market information into a single pulse line, a mode readout with BUY SELL WAIT, and compact alerts. It blends intermarket leadership between QQQ and SPY, intraday flow from the slope of session VWAP, and where the current price sits inside the regular trading hours range. The three components are normalized, fused, compressed to a stable range, and smoothed for clear thresholds. The aim is a readable intraday regime signal that helps you decide when to participate and when to stand aside. The script is built with Pine v6, uses request security with lookahead off, and does not repaint. It is an indicator, not a strategy. It does not contain any solicitation, links, or outside references. The description is self contained and explains both logic and use so that any trader can understand the design without reading code. What makes this original and useful Intermarket leadership is measured directly from QQQ and SPY on your working timeframe using a Z score of the return spread. When growth is leading value heavy large caps, leadership turns positive. When it lags, leadership turns negative. This gives a real time read of the Nasdaq versus S and P tug of war that most day traders watch informally. Intraday flow is taken from the slope of the session VWAP. A linear regression of VWAP over a short window captures whether value is rising or falling inside the day. Dividing by ATR normalizes slope by typical movement so that the signal is comparable across weeks. Session position places price inside the current regular hours high to low. It answers whether the day is trading in the top half, the bottom half, or the middle. This is a simple but powerful context filter for breakouts and fades. The three components are fused into one pulse, compressed with either hyperbolic tangent or softsign to keep values bounded, and then smoothed by a short EMA. This yields a stable range with a zero line so the eye can read shifts quickly. The panel shows a human readable mode with reasons and a strength score. Traders who do not want to read lines can rely on a simple state and a compact justification that explains why the state is set. This is not a mashup that simply overlays unrelated indicators. Each component was chosen to answer a distinct question that is common to SPY and QQQ intraday decision making. Leadership answers who is in charge, flow answers whether value inside the session is building or leaking, and position answers if price is pressing the extremes or circling the middle. The pulse ties the three together and prevents any single component from dominating. How the calculations work Leadership. Compute a short rate of change for SPY and QQQ. Subtract SPY from QQQ to get spread returns, then compute a rolling Z score over a longer window. Positive values mean QQQ is leading. Negative values mean SPY is leading. Flow. Compute session VWAP on the active symbol. Regress VWAP over a short window to obtain a slope estimate. Divide by ATR to scale slope by current volatility so that a small rise on a quiet day is not treated the same as a small rise on a wild day. Position. Track the highest high and lowest low since the start of regular hours. Place the current close inside that range on a zero to one scale, then recenter to a minus one to plus one scale. Positive means the top half of the day, negative means the bottom half. Fusion. Multiply each component by a weight so users can emphasize or de emphasize leadership, flow, or position. Sum to a raw pulse. Compression. Pass the raw pulse through a bounded function. Hyperbolic tangent is smooth and has natural saturation near the extremes. Softsign is faster and behaves like a smoother version of sign near zero. Compression avoids unbounded excursions and makes thresholds meaningful across days. Smoothing. Apply a short EMA to the compressed pulse to reduce noise. This creates the main line called TwinPulse in the plot. Thresholds. You can use static symmetric levels or adaptive levels. The adaptive option computes a mean and a standard deviation of the smoothed pulse over a user window, then sets upper and lower thresholds as mean plus or minus sigma times standard deviation. This allows thresholds to adjust across regimes. Static levels are still available for traders who want repeatable levels. Events and mode. A long event fires when the smoothed pulse crosses the upper threshold with positive flow and any optional filters agree. A short event fires on the symmetric condition. The mode reads the current state rather than fire and forget. It returns BUY when the smoothed pulse is above the upper threshold with positive flow, SELL when the smoothed pulse is below the lower threshold with negative flow, otherwise WAIT. A cooldown controls how often events can fire so alerts do not spam during choppy periods. Inputs and default values The script ships with defaults chosen for SPY and QQQ on one hour charts. Symbols. SPY and QQQ by default. You can switch to any pair. Many users may test IWM versus SPY for small cap reads. Regular hours selector. On by default. This restricts the position factor to New York regular hours. Turn it off if you prefer full session behavior. ROC length is three bars. Z score length is fifty bars. VWAP slope window is ten bars. ATR length is fourteen bars. Pulse smoothing length is three bars. Compression mode. Choose hyperbolic tangent or softsign. Hyperbolic tangent is default. Weights. Leadership and flow are one by default. Position is set to zero point seven to give a modest influence to where price sits inside the day. Thresholds. Adaptive thresholds are on by default with a lookback of one hundred bars and a sigma width of zero point eight. Static levels at plus or minus zero point six are ready if you disable adaptive mode. Filters. ADX filter is off by default. If you enable it, the script requires ADX above a user minimum before it will signal. Higher time frame confirmation is off by default. When enabled it compares the smoothed pulse on the confirm timeframe to zero and requires alignment for longs or shorts. Cooldown. Three bars by default so that alerts do not trigger too frequently. UI. Bar coloring is on by default. The panel is on by default and sits at the top right. All request security calls use lookahead off and will not request future data. All persistent state variables are assigned in a way that prevents repainting. The indicator does not use non standard chart types in its logic. How to use the indicator Load a one hour chart of SPY or QQQ. Keep a clean chart so that the script output is easy to read. Turn on regular hours if you want the session position to reflect the cash session. This is recommended for SPY and QQQ. Watch the panel. Mode reads BUY or SELL or WAIT. The strength value is a simple vote based score that ranges from zero to one hundred. It counts leadership, flow, ADX if enabled, and higher time frame confirmation if enabled. You can use strength to filter weak states. Consider action only when mode is BUY or SELL and the signal has not just fired on the last bar. The triangles mark where an event fired. Alerts use the same logic as the events. WAIT means stand aside. To slow the system, enable ADX and set a higher minimum or enable higher time frame confirmation. To speed it up, disable the filters, disable adaptive thresholds, or tighten the sigma width. When publishing, use a clean chart with only this indicator. Show the symbol and timeframe clearly and make sure the plot legend is visible. If you add drawings on the chart, only include ones that help readers understand the output. Publication notes and compliance This description is written in English. The title uses ASCII and only uses capital letters for common abbreviations. The script is original and explains how and why the components work together. There are no links or promotional material. The script does not claim performance. It does not use lookahead. The panel and alerts exist to help a human read and act with discipline. The indicator can be published as open source or as protected. If you choose protected, the description still allows readers to understand how the logic works without access to the code. If you later convert the logic into a strategy for publication, use realistic commission and slippage, risk no more than a small share of equity per trade, and choose a dataset that yields a large enough sample. Explain any deviations from these default recommendations in your strategy description. Do not publish results from non standard chart types since they can mislead readers on signal timing. Limitations and risks Intermarket leadership is a relative measure. There are hours when both SPY and QQQ fall while leadership remains positive. Treat leadership as a context, not a stand alone trigger. VWAP slope is a path measure inside the session. It can flip several times on a choppy day. That is why the script uses a short smoothing and an optional cooldown. Use ADX or higher time frame confirmation to avoid the worst chop. Session position assumes a meaningful regular hours range. On half days or around openings with gaps the position factor can be less informative. If this bothers you, reduce the weight of position or turn it off. Compression and smoothing introduce lag by design. The goal is stability and clarity. If you want earlier but noisier signals, reduce smoothing and weights, and use static thresholds. No indicator guarantees future results. TwinPulse Q Lead is a decision aid. It should be combined with your risk rules, position size policy, and a clear exit plan. Past behavior is not a promise for the future. Frequently asked questions What symbols are supported. Any symbol can be used as the chart symbol. Leadership uses the two user symbols which default to SPY and QQQ. Many traders may try IWM versus SPY or DIA versus SPY. Can I change the timeframe. Yes, but the design target is one hour. On very short timeframes the VWAP slope becomes very sensitive and you should consider stronger filters. Does the script repaint. No. It uses request security with lookahead off and the panel updates on the last bar only. Events are based on bar close conditions unless you attach alerts on any alert function call which will still respect the logic without looking into the future. How are the strength numbers built. The strength score is the share of aligned votes across leadership, flow, ADX if enabled, and higher time frame confirmation if enabled. A value near one hundred means many filters agree. A value near fifty means partial alignment. It is not a probability or an accuracy number. Can I use non standard chart types. You can view the indicator on them but do not publish signals from non standard chart types because that can mislead readers about timing. Use classic candles or bars when you publish and when you test. Why do I sometimes see BUY but the price is not moving. A BUY mode requires pulse above the upper threshold and positive flow. It does not require higher highs immediately. Treat BUY as a permission to look for entries using your own execution rules.
Pine Script® indicator
by exlux
2
TrendIsYourFriend Strategy (SPY,IWM,VYM,XLK,SPXL,BTC,GOLD,VT...)Personal disclaimer Don’t trust this strategy. Don’t trust any other model either just because of its author or a backtest curve. Overfitting is an easy trap, and beginners often fall into it. This script isn’t meant to impress you. It’s meant to survive reality. If it does, maybe it will raise questions and you’ll remember it. Legal disclaimer Educational purposes only. Not financial advice. Past performance is not indicative of future results. Strategy description Long-only, trend-based logic with two entry types (trend continuation or excess-move reversion), dynamic stop-losses, and a VIX filter to avoid turbulent markets. Minimal number of parameters with enough trades to support robustness. For backtest, each trade is sized at $10,000 flat (no compounding, to focus on raw model quality and the regularity of its results over time). Fees = $0 (neutral choice, as brokers differ). Slippage = $0, deliberate choice: most entries occur on higher timeframes, and some assets start their history on charts at very low prices, which would otherwise distort results. What makes this script original Beyond a classical trend calculation, both excess-move entries and dynamic stop-loss exits also rely on trend logic. Except for the VIX filter, everything comes from trend functions, with very few parameters. Pre-configurations are fixed in the code, allowing sincere performance tracking across a dozen cases over the medium to long term. Allowed SPY (ARCA) — 2-hour chart: S&P 500 ETF, most liquid equity benchmark IWM (ARCA) — Daily chart: Russell 2000 ETF, US small caps VYM (ARCA) — Daily chart: Vanguard High Dividend Yield ETF XLK (ARCA) — Daily chart: Technology Select Sector SPDR SPXL (ARCA) — Daily chart: 3× leveraged S&P 500 ETF BTCUSD (COINBASE) — 4-hour chart: Bitcoin vs USD GOLD (TVC) — Daily chart: Gold spot price VT (ARCA) — Daily chart: Vanguard Total World Stock ETF PG (NYSE) — Daily chart: Procter & Gamble Co. CQQQ (ARCA) — Daily chart: Invesco China Technology ETF EWC (ARCA) — Daily chart: iShares MSCI Canada ETF EWJ (ARCA) — Daily chart: iShares MSCI Japan ETF How to use and form an opinion on it Works only on the pairs above. Feel free to modify the input parameters (slippage, fees, order size, margins, …) to see how the model behaves under your own conditions Compare it with a simple Buy & Hold (requires an order size of 100% equity). You may also want to look at its time-in-market — the share of time your capital is actually at risk. Finally, let me INSIST on this : let it run live for months before forming an opinion! Share your thoughts in the comments 🚀 if you’d like to discuss its live performance.
Pine Script® strategy
by Email-Trader
6
QQQ Ladder → Adjusted to Active Ticker (5s & 10s)This indicator allows you to a grid of QQQ levels directly on futures chart like NQ, MNQ, ES and MES, automatically adjusting for the spread between the displayed symbol and QQQ. This is particularly useful for traders who perform technical analysis on QQQ but execute trades on Futures. Features: Renders every 5 and 10 points steps of QQQ in your current chart. The script adjusts these levels in real-time based on the current spread between QQQ and the displayed symbol! Plots updated horizontal lines that move with the spread Supports Multiple Tickers, ES1!, MES1!, NQ1!, MNQ1! SPY and SPX500USD.
Pine Script® indicator
by alejandroveronn
SPX Levels Adjusted to Active TickerThis indicator allows you to plot custom SPX levels directly on the ES1! (E-mini S&P 500 Futures) chart, automatically adjusting for the spread between SPX and ES1!. This is particularly useful for traders who perform technical analysis on SPX but execute trades on ES1!. Features: Input up to three SPX key levels to track (e.g., 5000, 4950, 4900) The script adjusts these levels in real-time based on the current spread between SPX and ES1! Displays the spread in the chart header for quick reference Plots updated horizontal lines that move with the spread Includes optional labels showing the spread periodically to reduce clutter Supports Multiple Tickers, ES1!, SPY and SPX500USD. Ideal for futures traders who want SPX context while trading ES1!.
Pine Script® indicator
by alejandroveronn
SPX Levels Adjusted to ES1!This indicator allows you to plot custom SPX levels directly on the ES1! (E-mini S&P 500 Futures) chart, automatically adjusting for the spread between SPX and ES1!. This is particularly useful for traders who perform technical analysis on SPX but execute trades on ES1!. Features: Input up to three SPX key levels to track (e.g., 5000, 4950, 4900) The script adjusts these levels in real-time based on the current spread between SPX and ES1! Displays the spread in the chart header for quick reference Plots updated horizontal lines that move with the spread Includes optional labels showing the spread periodically to reduce clutter Ideal for futures traders who want SPX context while trading ES1!. Make sure to apply this indicator on the ES1! chart, not SPX.
Pine Script® indicator
by alejandroveronn
1
Implied SPX from ES Implied SPX from ES Futures (ETH) Description: This script calculates the implied SPX index level based on real-time ES futures pricing during extended trading hours (ETH). It uses the spread between the previous day’s ES and SPX RTH closes to adjust for fair value and intraday divergence. 📈 Features: Tracks current ES price vs. yesterday's RTH spread to estimate SPX Useful for SPX options traders who want to monitor synthetic index levels during ETH Ideal for assessing SPX movement when the cash market is closed This tool is especially helpful for those trading SPX index options overnight or seeking to align SPX levels with ES futures movement.
Pine Script® indicator
by Laggard_Energy
SPX Psych Levels for /ES Futures (Fair Value)Overview This indicator displays S&P 500 psychological levels adjusted for ES futures fair value premium. These levels act as powerful magnets for price action due to the convergence of technical trading and options market dynamics. What is Fair Value Premium? Simply put, its the difference between the SPX price and the ES futures price. This changes dynamically based on interest rate, dividends, and time to expiration. Why Psych Levels are Increasingly Important Psychological levels are round numbers where traders naturally place orders. These obvious levels attract stop losses, profit targets, and breakout orders from both retail and institutional traders. Algorithms often target these same levels, creating a self-fulfilling prophecy of support and resistance. Importantly, this effect has been exacerbated by the options market. Using May 2025 as an example, SPX options averaged 3.46 million contracts a day ≈US $1.8 trillion notional, dwarfing trading in SPY or ES/MES futures. 0-day-to-expiry (0DTE) trades hit a record-high 61% share of all SPX volume, making the options complex the primary arena for intraday price discovery. Strikes at psychological numbers (ending in 00 and 50) captured 66% of total open interest and 58% of 0DTE volume for the entire month. This massive concentration at round number strikes creates powerful hedging flows: Dealer Gamma Hedging: As price approaches these levels, market makers must dynamically hedge their options exposure, creating reflexive buying/selling pressure Pin Risk: Options dealers face maximum uncertainty at these levels near expiration, leading to increased hedging activity Charm Flows: Time decay accelerates near these levels, forcing position adjustments How It Works The indicator automatically: Calculates the fair value premium between ES futures and SPX using real-time interest rate data, dividends, and time to expiration Adjusts SPX round numbers by this premium to show where they appear on ES charts Updates once daily at futures session open (5PM CT) to maintain stable reference points throughout the trading session Key Features All TradingView Native: All calculations performed automatically using data available within TradingView - no external data feeds or manual updates required Multiple Level Increments: Display major (100-point), intermediate (50-point), and minor (25-point) psychological levels Margin of Error Zones: Optional ±2.5 point zones accounting for fair value calculation variance Full Customization: Colors, line styles, and widths for each level type Fair Value Info Table: Displays current contract, fair value calculation, interest rate, and days to expiration Automatic Contract Detection: Works on ES1!/MES1! continuous contracts and automatically detects the current front month contract Important Notes This indicator does not access any options data. It identifies levels where options activity naturally concentrates based on market structure. The power comes from understanding that these obvious levels create predictable dealer hedging flows, making them high-probability reaction zones. Trading Applications These levels can be used as dynamic areas of interest to be incorporated into a complete trading strategy.
Pine Script® indicator
by SpinTrades
2
SPX Weekly Expected Moves# SPX Weekly Expected Moves Indicator A professional Pine Script indicator for TradingView that displays weekly expected move levels for SPX based on real options data, with integrated Fibonacci retracement analysis and intelligent alerting system. ## Overview This indicator helps options and equity traders visualize weekly expected move ranges for the S&P 500 Index (SPX) by plotting historical and current week expected move boundaries derived from weekly options pricing. Unlike theoretical volatility calculations, this indicator uses actual market-based expected move data that you provide from options platforms. ## Key Features ### 📈 **Expected Move Visualization** - **Historical Lines**: Display past weeks' expected moves with configurable history (10, 26, or 52 weeks) - **Current Week Focus**: Highlighted current week with extended lines to present time - **Friday Close Reference**: Orange baseline showing the previous Friday's close price - **Timeframe Independent**: Works consistently across all chart timeframes (1m to 1D) ### 🎯 **Fibonacci Integration** - **Five Fibonacci Levels**: 23.6%, 38.2%, 50%, 61.8%, 76.4% between Friday close and expected move boundaries - **Color-Coded Levels**: - Red: 23.6% & 76.4% (outer levels) - Blue: 38.2% & 61.8% (golden ratio levels) - Black: 50% (midpoint - most critical level) - **Current Week Only**: Fibonacci levels shown only for active trading week to reduce clutter ### 📊 **Real-Time Information Table** - **Current SPX Price**: Live market price - **Expected Move**: ±EM value for current week - **Previous Close**: Friday close price (baseline for calculations) - **100% EM Levels**: Exact upper and lower boundary prices - **Current Location**: Real-time position within the EM structure (e.g., "Above 38.2% Fib (upper zone)") ### 🚨 **Intelligent Alert System** - **Zone-Aware Alerts**: Separate alerts for upper and lower zones - **Key Level Breaches**: Alerts for 23.6% and 76.4% Fibonacci level crossings - **Bar Close Based**: Alerts trigger on confirmed bar closes, not tick-by-tick - **Customizable**: Enable/disable alerts through settings ## How It Works ### Data Input Method The indicator uses a **manual data entry approach** where you input actual expected move values obtained from options platforms: ```pinescript // Add entries using the options expiration Friday date map.put(expected_moves, 20250613, 91.244) // Week ending June 13, 2025 map.put(expected_moves, 20250620, 95.150) // Week ending June 20, 2025 ``` ### Weekly Structure - **Monday 9:30 AM ET**: Week begins - **Friday 4:00 PM ET**: Week ends - **Lines Extend**: From Monday open to Friday close (historical) or current time + 5 bars (current week) - **Timezone Handling**: Uses "America/New_York" for proper DST handling ### Calculation Logic 1. **Base Price**: Previous Friday's SPX close price 2. **Expected Move**: Market-derived ±EM value from weekly options 3. **Upper Boundary**: Friday Close + Expected Move 4. **Lower Boundary**: Friday Close - Expected Move 5. **Fibonacci Levels**: Proportional levels between Friday close and EM boundaries ## Setup Instructions ### 1. Data Collection Obtain weekly expected move values from options platforms such as: - **ThinkOrSwim**: Use thinkBack feature to look up weekly expected moves - **Tastyworks**: Check weekly options expected move data - **CBOE**: Reference SPX weekly options data - **Manual Calculation**: (ATM Call Premium + ATM Put Premium) × 0.85 ### 2. Data Entry After each Friday close, update the indicator with the next week's expected move: ```pinescript // Example: On Friday June 7, 2025, add data for week ending June 13 map.put(expected_moves, 20250613, 91.244) // Actual EM value from your platform ``` ### 3. Configuration Customize the indicator through the settings panel: #### Visual Settings - **Show Current Week EM**: Toggle current week display - **Show Past Weeks**: Toggle historical weeks display - **Max Weeks History**: Choose 10, 26, or 52 weeks of history - **Show Fibonacci Levels**: Toggle Fibonacci retracement levels - **Label Controls**: Customize which labels to display #### Colors - **Current Week EM**: Default yellow for active week - **Past Weeks EM**: Default gray for historical weeks - **Friday Close**: Default orange for baseline - **Fibonacci Levels**: Customizable colors for each level type #### Alerts - **Enable EM Breach Alerts**: Master toggle for all alerts - **Specific Alerts**: Four alert types for Fibonacci level breaches ## Trading Applications ### Options Trading - **Straddle/Strangle Positioning**: Visualize breakeven levels for neutral strategies - **Directional Plays**: Assess probability of reaching target levels - **Earnings Plays**: Compare actual vs. expected move outcomes ### Equity Trading - **Support/Resistance**: Use EM boundaries and Fibonacci levels as key levels - **Breakout Trading**: Monitor for moves beyond expected ranges - **Mean Reversion**: Look for reversals at extreme Fibonacci levels ### Risk Management - **Position Sizing**: Gauge likely price ranges for the week - **Stop Placement**: Use Fibonacci levels for logical stop locations - **Profit Targets**: Set targets based on EM structure probabilities ## Technical Implementation ### Performance Features - **Memory Managed**: Configurable history limits prevent memory issues - **Timeframe Independent**: Uses timestamp-based calculations for consistency - **Object Management**: Automatic cleanup of drawing objects prevents duplicates - **Error Handling**: Robust bounds checking and NA value handling ### Pine Script Best Practices - **v6 Compliance**: Uses latest Pine Script version features - **User Defined Types**: Structured data management with WeeklyEM type - **Efficient Drawing**: Smart line/label creation and deletion - **Professional Standards**: Clean code organization and comprehensive documentation ## Customization Guide ### Adding New Weeks ```pinescript // Add after market close each Friday map.put(expected_moves, YYYYMMDD, EM_VALUE) ``` ### Color Schemes Customize colors for different trading styles: - **Dark Theme**: Use bright colors for visibility - **Light Theme**: Use contrasting dark colors - **Minimalist**: Use single color with transparency ### Label Management Control label density: - **Show Current Week Labels Only**: Reduce clutter for active trading - **Show All Labels**: Full information for analysis - **Selective Display**: Choose specific label types ## Troubleshooting ### Common Issues 1. **No Lines Appearing**: Check that expected move data is entered for current/recent weeks 2. **Wrong Time Display**: Ensure "America/New_York" timezone is properly handled 3. **Duplicate Lines**: Restart indicator if drawing objects appear duplicated 4. **Missing Fibonacci Levels**: Verify "Show Fibonacci Levels" is enabled ### Data Validation - **Expected Move Format**: Use positive numbers (e.g., 91.244, not ±91.244) - **Date Format**: Use YYYYMMDD format (e.g., 20250613) - **Reasonable Values**: Verify EM values are realistic (typically 50-200 for SPX) ## Version History ### Current Version - **Pine Script v6**: Latest version compatibility - **Fibonacci Integration**: Five-level retracement analysis - **Zone-Aware Alerts**: Upper/lower zone differentiation - **Dynamic Line Management**: Smart current week extension - **Professional UI**: Comprehensive information table ### Future Enhancements - **Multiple Symbols**: Extend beyond SPX to other indices - **Automated Data**: Integration with options data APIs - **Statistical Analysis**: Success rate tracking for EM predictions - **Additional Levels**: Custom percentage levels beyond Fibonacci ## License & Usage This indicator is designed for educational and trading purposes. Users are responsible for: - **Data Accuracy**: Ensuring correct expected move values - **Risk Management**: Proper position sizing and risk controls - **Market Understanding**: Comprehending options-based expected move concepts ## Support For questions, issues, or feature requests related to this indicator, please refer to the code comments and documentation within the Pine Script file. --- **Disclaimer**: This indicator is for informational purposes only. Trading involves substantial risk of loss and is not suitable for all investors. Past performance does not guarantee future results.
Pine Script® indicator
by MovingIndex
6
QQQ Strategy v2 ESL | easy-peasy-x This is a strategy optimized for QQQ (and SPY) for the 1H timeframe. It significantly outperforms passive buy-and-hold approach. With settings adjustments, it can be used on various assets like stocks and cryptos and various timeframes, although the default out of the box settings favor QQQ 1H. The strategy uses various triggers to take both long and short trades. These can be adjusted in settings. If you try a different asset, see what combination of triggers works best for you. Some of the triggers employ LuxAlgo's Ultimate RSI - shoutout to him for great script, check it out here . Other triggers are based on custom signed standard deviation - basically the idea is to trade Bollinger Bands expansions (long to the upside, short to the downside) and fade or stay out of contractions. There are three key moving averages in the strategy - LONG MA, SHORT MA, BASIC MA. Long and Short MAs are guides to eyes on the chart and also act as possible trend filters (adjustable in settings). Basic MA acts as guide to eye and a possible trade trigger (adjustable in settings). There are a few trend filters the strategy can use - moving average, signed standard deviation, ultimate RSI or none. The filters act as an additional condition on triggers, making the strategy take trades only if both triggers and trend filter allows. That way one can filter out trades with unfavorable risk/reward (for instance, don't long if price is under the MA200). Different trade filters can be used for long and short trades. The strategy employs various stop loss types, the default of which is a trailing %-based stop loss type. ATR-based stop loss is also available. The default 1.5% trailing stop loss is suitable for leveraged trading. Lastly, the strategy can trigger take profit orders if certain conditions are met, adjustable in settings. Also, it can hold onto winning trades and exit only after stop out (in which case, consecutive triggers to take other positions will be ignored until stop out). Let me know if you like it and if you use it, what kind of tweaks would you like to see. With kind regards, easy-peasy-x
Pine Script® strategy
by easy-peasy-x
SPY/TLT Strategy█ STRATEGY OVERVIEW The "SPY/TLT Strategy" is a trend-following crossover strategy designed to trade the relationship between TLT and its Simple Moving Average (SMA). The default configuration uses TLT (iShares 20+ Year Treasury Bond ETF) with a 20-period SMA, entering long positions on bullish crossovers and exiting on bearish crossunders. **This strategy is NOT optimized and performs best in trending markets.** █ KEY FEATURES SMA Crossover System: Uses price/SMA relationship for signal generation (Default: 20-period) Dynamic Time Window: Configurable backtesting period (Default: 2014-2099) Equity-Based Position Sizing: Default 100% equity allocation per trade Real-Time Visual Feedback: Price/SMA plot with trend-state background coloring Event-Driven Execution: Processes orders at bar close for accurate backtesting █ SIGNAL GENERATION 1. LONG ENTRY CONDITION TLT closing price crosses ABOVE SMA Occurs within specified time window Generates market order at next bar open 2. EXIT CONDITION TLT closing price crosses BELOW SMA Closes all open positions immediately █ ADDITIONAL SETTINGS SMA Period: Simple Moving Average length (Default: 20) Start Time and End Time: The time window for trade execution (Default: 1 Jan 2014 - 1 Jan 2099) Security Symbol: Ticker for analysis (Default: TLT) █ PERFORMANCE OVERVIEW Ideal Market Conditions: Strong trending environments Potential Drawbacks: Whipsaws in range-bound markets Backtesting results should be analyzed to optimize the MA Period and EMA Filter settings for specific instruments
Pine Script® strategy
by Botnet101