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NeuraAlgo - Market Screener Market Dynamics – Screener Market Dynamics – Screener is a multi-asset, multi-timeframe market opportunity scanner designed to identify high-probability trend transitions, continuation zones, and structural shifts across markets in real time. Its primary purpose is to catch market opportunities early, filter out low-quality noise, and present actionable directional bias in a clean dashboard format. This is not a simple signal indicator — it is a market state analyzer built from layered trend logic, volatility intelligence, sentiment structure, and adaptive risk modeling. What This Indicator Does? The screener continuously analyzes selected symbols and timeframes to determine: 📈 Bullish opportunities 📉 Bearish opportunities 🔄 Trend continuation vs reversal risk ⚖️ Market balance, bias, and volatility conditions 🧠 Strength & conviction behind moves (not just direction) All results are summarized in a central dashboard, allowing you to scan multiple instruments at once without switching charts. Core Philosophy “Trade the environment, not just the signal.” Market Dynamics focuses on: Trend quality Momentum sustainability Volatility behavior Structural confirmations Risk-aware positioning This prevents chasing weak moves and helps align trades with favorable market conditions. Main Components Explained 1️⃣ Main Trend Engine The heart of the system. Detects primary bullish / bearish structure Uses adaptive price ranges and volume-aware smoothing Filters false breakouts and late entries Outputs: Trend direction Momentum strength score Valid entry transitions Preset Modes Main Trend → Best for swing & position trading Multi Trend → Allows structured re-entries within trends 2️⃣ Main Filters (Noise Control) These filters protect you from bad trades during unfavorable conditions. You can enable/disable them individually: Noise Filter – removes random price fluctuations Gap Filter – avoids unstable gap-driven moves Range Filter – blocks sideways market traps Volatility Filter – confirms trend energy Trend Filter (EMA + ATR slope) – confirms directional pressure 👉 Result: Cleaner signals, fewer fake entries 3️⃣ Feature Filters (Market Context) These provide advanced market intelligence, not direct signals. Reversal Cloud – detects exhaustion & reversal pressure Sentiment Cloud – identifies range sentiment dominance Price Steps – tracks structural stair-step movements Market Bias – defines dominant directional control Each feature can be used in: Confirmation mode (trade with it) Contrarian mode (fade extremes) Disabled 4️⃣ Risk Management Engine Built-in professional risk logic (visual & analytical): Risk-Reward model Partial take profits (TP1 / TP2 / TP3) Optional Stop Loss Trailing Stop mode Adaptive exits based on market structure ⚠️ This indicator does not place trades, but it clearly defines: Entry validity Exit zones Trade lifecycle status 5️⃣ Market Strength & Delta Analysis For every active trend, the system measures: Volume dominance Bull vs Bear pressure Delta imbalance Strength consistency This helps you avoid weak trends and focus on high-conviction moves. Dashboard Overview The dashboard shows, per symbol: Ticker & timeframe Current price % change Directional bias (Bull / Bear) TP & SL hit counts Feature states (Reversal, Sentiment, Bias, Steps) Strength score Volume & delta pressure 👉 One glance = full market snapshot. How to Use It (Practical Workflow) 🔹 Step 1: Select Symbols & Timeframes Add stocks, crypto, forex, or indices you actively trade. 🔹 Step 2: Choose a Preset Main Trend → clean directional trading Multi Trend → scaling & continuation entries 🔹 Step 3: Enable Filters Start simple: Noise Filter Trend Filter Then layer more filters as needed. 🔹 Step 4: Scan the Dashboard Look for: Clear Bull / Bear alignment Strong strength score Confirmed feature agreement 🔹 Step 5: Execute on Chart Use the screener to find opportunities, then execute using: Your own strategy Price action Order flow Support & resistance Who This Is For ✅ Swing traders ✅ Intraday traders ✅ Multi-asset traders ✅ Signal confirmation users ✅ Traders who want context, not guesswork ❌ Not for: One-click signal chasers Martingale systems No-risk strategies Final Note Market Dynamics – Screener is designed to act as your market radar. It does not tell you what to trade blindly — It tells you where the market environment is favorable. Catch opportunities early. Avoid low-quality conditions. Trade with structure, not emotion. — NeuraAlgo
Pine Script® indicator
by NeuraAlgo
4
4H Candle Curves4H Candle Curves - Detailed User Guide OVERVIEW This indicator reveals curve vs continuation behavior in NQ Futures by analyzing how price responds after breaking the first-hour range. Based on 10+ years of statistical analysis (2013-2025, 3,136+ trading days), it identifies which 4-hour sessions exhibit mean reversion (curve) behavior versus trend continuation when Q2 (second hour) breaks Q1 (first hour) extremes. ⚠️ IMPORTANT: This indicator is specifically designed for NQ FUTURES ONLY. All curve probabilities and statistics were derived from a decade-long dataset of NQ 1-minute bars. Using this on other instruments will produce inaccurate results. CORE CONCEPT: THE CURVE What is a "Curve"? A curve occurs when price breaks out of the first hour's range in Q2 (hour 2), but then reverses direction in the second half (Q3+Q4) to make a new extreme on the opposite side. Curve Example (Upside Break → Downside Reversal): Q1 (Hour 1): Price establishes range 25,000 - 25,050 Q2 (Hour 2): Price breaks ABOVE Q1 high, reaches 25,100 Q3+Q4 (Hours 3-4): Price curves back down, makes new LOW below 25,000 Result: Q2 broke high, but second half curved back to make new low below Q1 = CURVE What is "Continuation"? Continuation occurs when Q2 breaks Q1 range and the second half extends further in the same direction. Continuation Example (Upside Break → Further Upside): Q1 (Hour 1): Price establishes range 25,000 - 25,050 Q2 (Hour 2): Price breaks ABOVE Q1 high, reaches 25,100 Q3+Q4 (Hours 3-4): Price continues higher, makes new HIGH above 25,100 Result: Q2 broke high, second half made new high above Q2 = CONTINUATION THE CRITICAL DISCOVERY: 6AM IS THE CURVE SESSION Curve Probabilities by Session: When Q2 Breaks Q1 HIGH: 6AM: 60.6% curve (new low below Q1) | 38.5% continuation 2AM: 38.4% curve | 46.7% continuation (balanced) 10AM: 17.2% curve | 60.4% continuation ← STRONG continuation bias 6PM: 29.6% curve | 59.0% continuation 10PM: 27.5% curve | 55.1% continuation When Q2 Breaks Q1 LOW: 6AM: 64.4% curve (new high above Q1) | 35.0% continuation ← HIGHEST curve 2AM: 42.8% curve | 43.3% continuation (balanced) 10AM: 16.7% curve | 51.6% continuation ← STRONG continuation bias 6PM: 33.7% curve | 51.1% continuation 10PM: 33.1% curve | 48.6% continuation Key Insight: 6AM is THE ONLY SESSION with >60% curve probability in both directions. This makes it a uniquely exploitable mean reversion session. When Q2 breaks Q1 range during 6AM, expect the second half to curve back 60-64% of the time. 10AM shows the opposite: Strong continuation bias (60% when Q2 breaks high, 52% when Q2 breaks low). 10AM breakouts tend to follow through. HOW IT WORKS: THE QUARTER SYSTEM The Six 4-Hour Candles (EST): Each trading day (6pm-5pm) is divided into six 4-hour periods: 6PM (18:00-22:00) - Evening/Globex open | Blue box 10PM (22:00-02:00) - Asia session | Purple box 2AM (02:00-06:00) - Early London | Orange box 6AM (06:00-10:00) - Late London + NY Open | Green box ← THE CURVE SESSION 10AM (10:00-14:00) - NY Morning | Red box ← THE CONTINUATION SESSION 2PM (14:00-17:00) - NY Afternoon | Yellow box (3 hours only) The Four Quarters: Each 4-hour candle (except 2PM) is divided into four 1-hour quarters: Q1 (Hour 1, minutes 0-60): Establishes initial range Q2 (Hour 2, minutes 60-120): Tests Q1 range - breaks or holds? Q3 (Hour 3, minutes 120-180): Second half begins Q4 (Hour 4, minutes 180-240): Second half completes 2PM candle only has 3 hours (14:00-17:00), so quarters are adjusted accordingly. The Three-Step Analysis: STEP 1: Q1 Establishes Range The first hour sets the high and low for the session. This becomes the reference range. STEP 2: Q2 Break Detection The indicator monitors whether Q2 (hour 2) breaks above Q1 high or below Q1 low. STEP 3: Second Half Response Once Q2 breaks Q1 range, the indicator tracks what happens in Q3+Q4: Does price CURVE back to make new extreme on opposite side? Does price CONTINUE to make new extreme in same direction? Or does price stay within the established range? VISUAL ELEMENTS EXPLAINED 1. 4-Hour Candle Boxes Colored boxes display the high-to-low range of each 4H candle: Blue = 6PM (evening session start) Purple = 10PM (Asia session) Orange = 2AM (early London) Green = 6AM ← THE CURVE SESSION (watch for mean reversion) Red = 10AM ← THE CONTINUATION SESSION (trend follow-through) Yellow = 2PM (afternoon close, 3 hours only) 2. Quarter Separator Lines Vertical dotted lines mark the boundaries between quarters (1H, 2H, 3H marks). This helps you see: When Q1 ends (after 1 hour) When Q2 ends / second half begins (after 2 hours) When Q3 ends (after 3 hours) 3. Candle Name Labels At the 2-hour mark (Q2/Q3 boundary), a label shows: Candle name (e.g., "6am") Directional indicator: 🔼 = Q2 broke Q1 HIGH 🔽 = Q2 broke Q1 LOW ⚠️ = Q2 broke BOTH Q1 high and low (extended range) No symbol = Q2 stayed within Q1 range THE LIVE STATUS TABLE Located in your chosen corner (default: bottom-right), this table shows real-time analysis of the current 4H candle. Header Row: "LIVE: CANDLE" - Shows which 4H session you're currently in Quarter Row: "Quarter: Q1/Q2/Q3/Q4 (Hour X)" - Shows which quarter you're currently forming STATUS Section: The status updates dynamically based on what has happened: During Q1-Q2 (First Half): "⏳ Q1 Building..." - First hour forming, range being established "⏳ Q2 Building..." - Second hour in progress, Q2 within Q1 range so far "🔼 Q2 Broke Q1 HIGH" - Q2 has broken above Q1 high "🔽 Q2 Broke Q1 LOW" - Q2 has broken below Q1 low "⚠️ Q2 Broke BOTH Q1 Extremes" - Q2 extended range in both directions During Q3-Q4 (Second Half): "✓ CURVE CONFIRMED" - Q2 broke one direction, second half reversed to opposite side "✓ CONTINUATION CONFIRMED" - Q2 broke one direction, second half extended further same direction "⏳ 2nd Half In Progress" - Q2 broke Q1, waiting to see if curve or continuation "📊 No Q2 Break Occurred" - Q2 stayed within Q1 range (no curve/continuation setup) EXPECTATION Section: Shows the probabilities based on the current state: When Q2 breaks Q1 high in 6AM: EXPECT 2nd half: CURVE (low < Q1): 60.6% CONT (high > Q2): 38.5% This tells you there's a 60.6% chance the second half will curve back to make a new low below Q1, versus 38.5% chance it continues higher above Q2. When curve/continuation is confirmed: Q2 broke high → 2nd half made new LOW below Q1 Curve: 60.6% Shows what actually happened and the historical probability. Color Coding: Purple background = Curve confirmed (mean reversion occurred) Green background = Continuation confirmed (upside extension) Red background = Continuation confirmed (downside extension) Blue background = Second half in progress, watching Yellow background = No Q2 break (no setup) Gray background = Still in first half, building THE CURVE REFERENCE TABLE Located in your chosen corner (default: bottom-left), this table provides a quick reference for all sessions. Table Structure: TOP SECTION: "When Q2 BREAKS Q1 HIGH" BOTTOM SECTION: "When Q2 BREAKS Q1 LOW" How to Read: "Curve" column = % of time second half makes new extreme on OPPOSITE side "Cont" column = % of time second half makes new extreme in SAME direction "Winner" column = Which behavior is more likely Purple highlight = Curve is the winner (higher %) Blue highlight = Continuation is the winner 🔥 symbol = Strong edge (>60%) Quick Reference Usage: You're in 10AM session, Q2 just broke Q1 high. Look at top section, 10AM row: Curve: 17.2% Cont: 60.4% Winner: CONT Interpretation: 10AM breakouts tend to follow through. Only 17% chance of curving back. Trade with the break, not against it. PRACTICAL TRADING EXAMPLES Example 1: Perfect 6AM Curve Setup Scenario: 6AM candle in progress 7:00 AM: Q1 ends, range is 18,000 - 18,050 7:30 AM: Price breaks above 18,050, reaches 18,075 (Q2 broke Q1 high) Live table shows: "🔼 Q2 Broke Q1 HIGH" Expectation: "CURVE (low < Q1): 60.6%" Trading Decision: Even though price broke to new highs, the 60.6% curve probability suggests looking for short opportunities expecting price to curve back below 18,000 in Q3-Q4. Typical Outcome: 8:15 AM (Q3): Price starts declining 9:15 AM (Q4): Price makes new low at 17,990 Result: ✓ CURVE CONFIRMED Example 2: 10AM Continuation Signal Scenario: 10AM candle in progress 11:00 AM: Q1 ends, range is 18,100 - 18,150 11:45 AM: Price breaks above 18,150, reaches 18,180 (Q2 broke Q1 high) Live table shows: "🔼 Q2 Broke Q1 HIGH" Expectation: "CONT (high > Q2): 60.4%" Trading Decision: With 60.4% continuation probability, breakout likely to follow through. Look for long opportunities expecting extension above 18,180 in Q3-Q4. Typical Outcome: 12:30 PM (Q3): Price continues higher to 18,200 1:15 PM (Q4): Price makes new high at 18,225 Result: ✓ CONTINUATION CONFIRMED Example 3: Using Reference Table During Live Trading You see Q2 breaking Q1 low during 2AM session: Quick reference check: 2AM row, "When Q2 BREAKS Q1 LOW" section Curve: 42.8% | Cont: 43.3% | Winner: Balanced Interpretation: This is a coin flip - 2AM session is balanced when Q2 breaks low. Don't force a directional bias. Wait for second half price action confirmation or skip the setup. Example 4: No Setup Scenario Scenario: 6AM candle, Q2 ends at 8:00 AM Q2 stayed within Q1 range (no break above or below) Live table shows: "📊 No Q2 Break Occurred" Trading Decision: No curve/continuation setup exists. This analysis only applies when Q2 breaks Q1 range. Monitor for different strategies or wait for next 4H candle. UNDERSTANDING THE UNDERLYING METHODOLOGY Data Foundation: Instrument: NQ Futures (E-mini NASDAQ-100) Timeframe: 1-minute bars for precise quarter tracking Period: January 2013 - December 2025 Sample: 3,136+ complete trading days Total 4H Candles Analyzed: ~18,800+ individual sessions Analysis Process: For each 4H candle in the dataset: Calculate Q1 high and low (first hour range) Track whether Q2 breaks Q1 high, Q1 low, both, or neither When Q2 breaks Q1 range, measure second half response: Did Q3+Q4 make new low below Q1? (curve when Q2 broke high) Did Q3+Q4 make new high above Q1? (curve when Q2 broke low) Did Q3+Q4 make new high above Q2? (continuation when Q2 broke high) Did Q3+Q4 make new low below Q2? (continuation when Q2 broke low) Calculate percentages for each session Why NQ-Specific? Different futures contracts exhibit different intraday personality: NQ (NASDAQ): Tech-heavy, volatility-prone 6AM shows extreme curve behavior (60-64%) due to NY Open reversal tendency 10AM shows strong continuation (60%) as trends establish ES (S&P 500) would show different probabilities because: Lower volatility than NQ Different institutional participation patterns Different response to macro events The indicator's probabilities are calibrated specifically to NQ behavior patterns. Using it on ES, RTY, or other instruments will produce misleading signals. ORIGINALITY & INNOVATION What Makes This Indicator Unique: Quarter-Based Curve Analysis: Unlike traditional indicators that only identify breakouts, this tracks what happens after the breakout. The curve vs continuation framework is novel and provides directional edge. Session-Specific Behavior: Recognizes that 6AM behaves fundamentally differently than 10AM. Most indicators apply the same logic across all sessions. This indicator provides session-specific probabilities. Statistical Validation: Every probability shown is backed by 10+ years of data (2,900+ candles per session). Not based on theory or discretionary observation. Real-Time Quarter Tracking: Precisely identifies which quarter you're in and what stage of the pattern is forming. Provides forward-looking probabilities based on current state. The 6AM Discovery: The 60-64% curve probability in 6AM is a quantified, repeatable edge that contradicts traditional "breakout = continuation" assumptions. This session exhibits mean reversion characteristics that most traders miss. Dual-Direction Analysis: Tracks both upside breaks (Q2 > Q1 high) and downside breaks (Q2 < Q1 low) separately, as they can have different probabilities. Visual Quarter System: The combination of colored boxes, quarter separators, and real-time labels provides instant visual understanding of pattern stage and expected behavior. HOW TO USE THIS INDICATOR Step 1: Identify Current 4H Candle Check which colored box you're in and what session it represents. Step 2: Wait for Q2 to Complete The setup doesn't exist until Q2 (hour 2) breaks Q1 range. Monitor the live table. Step 3: Check Q2 Break Status Did Q2 break Q1 high? Q1 low? Both? Or neither? Step 4: Consult Reference Table Look up current session in curve reference table. What's the probability? Step 5: Apply Session-Specific Strategy For 6AM (60-64% curve): Q2 breaks high → Expect curve back for new low Q2 breaks low → Expect curve back for new high Strategy: FADE the Q2 break, look for reversal entries in Q3-Q4 For 10AM (52-60% continuation): Q2 breaks high → Expect continuation higher Q2 breaks low → Expect continuation lower Strategy: TRADE WITH the Q2 break, look for continuation entries in Q3-Q4 For 2AM (38-43% curve, 43-47% continuation): Balanced probabilities Strategy: Wait for Q3 price action to confirm direction, or skip For 6PM/10PM (50-59% continuation): Moderate continuation bias Strategy: Lean with the break but use tight stops Step 6: Monitor Live Status Watch the live table for confirmation: "✓ CURVE CONFIRMED" = Mean reversion occurred "✓ CONTINUATION CONFIRMED" = Follow-through occurred "⏳ 2nd Half In Progress" = Still developing BEST PRACTICES Focus on 6AM for curve trades - This is THE high-probability mean reversion session Focus on 10AM for continuation trades - This is THE high-probability breakout session Be cautious with 2AM - Balanced probabilities mean lower edge Use quarter separators - Enter trades early in Q3 after Q2 break, don't wait for Q4 Combine with price action - Don't blindly fade 6AM or follow 10AM; wait for confirming price structure Respect the 60% rule - 6AM curve happens 60% of time, which means 40% it doesn't. Manage risk accordingly Watch for "No Q2 Break" - If Q2 doesn't break Q1, this analysis doesn't apply Consider overnight context - If 6AM opens with huge gap, curve probability may be affected SETTINGS & CUSTOMIZATION Display Settings: Show 4H Candle Boxes - Toggle colored range boxes Box Colors - Customize color for each session Show Quarter Separators - Show/hide 1H, 2H, 3H lines Show Candle Name Labels - Show/hide session labels at 2H mark Separator Line Style - Solid/Dashed/Dotted Max Historical Candles - How many past 4H candles to display (1-50) Table Settings: Show Live Status Table - Toggle real-time analysis table Show Curve Reference Table - Toggle probability reference table Table Positions - Place tables in any corner Table Text Size - Tiny/Small/Normal LIMITATIONS & DISCLAIMERS NQ FUTURES ONLY - All probabilities are NQ-specific, do not use on other instruments Requires Q2 break - No curve/continuation setup exists if Q2 stays within Q1 range Probabilities, not certainties - 60% means it happens 6 out of 10 times, not every time Lower timeframe noise - 1-minute tracking can be choppy, consider using 5min+ for entries Gap days - Large overnight gaps may affect curve/continuation probabilities Not standalone - Use as confluence with your strategy, not as sole decision factor Historical performance - Past statistics don't guarantee future results WHY THE CURVE CONCEPT MATTERS Traditional trading wisdom says: "Breakout = Continuation" This indicator proves that's not always true. Specifically, during the 6AM session (late London + NY Open), when Q2 breaks the Q1 range, price curves back to the opposite extreme 60-64% of the time. This creates a unique exploitable edge: Most breakout traders go LONG when Q2 breaks Q1 high But in 6AM, 60.6% of the time, price curves back down for new low Shorting the breakout (counter-intuitive) is the higher-probability trade The 10AM session shows the opposite: Breakouts in 10AM tend to follow through (52-60%) Traditional "trade the breakout" strategy works better here By knowing which session you're in, you can adapt your strategy to match the session's personality. FINAL NOTES This indicator distills 10+ years of NQ intraday behavior into actionable, session-specific probabilities. The discovery that 6AM exhibits 60-64% curve behavior while 10AM exhibits 52-60% continuation behavior provides a statistical edge for mean reversion and trend-following traders respectively. The highest-probability setups: 6AM Q2 break → FADE (60-64% edge for curve) 10AM Q2 break → FOLLOW (52-60% edge for continuation) 2AM = SKIP (balanced probabilities, no clear edge) Master the 6AM curve and 10AM continuation first. These two sessions provide the clearest statistical edges. Remember: Trade with proper risk management. This tool provides probabilities based on historical behavior, not predictions of future performance.
Pine Script® indicator
by lucymatos
2
4H HOD/LOD Checkpoint Analysis4H HOD/LOD Checkpoint Analysis - Detailed User Guide OVERVIEW This indicator is a data-driven probability framework for NQ Futures traders that predicts High-of-Day (HOD) and Low-of-Day (LOD) placement based on statistical analysis of 3,136+ trading days (2013-2025). Unlike traditional indicators that rely on technical signals, this tool uses checkpoint-based state analysis with zero forward-looking bias to provide real-time probabilities of whether the daily range is complete. ⚠️ IMPORTANT: This indicator is specifically designed for NQ FUTURES ONLY. All probabilities, patterns, and statistics were derived from a 10+ year historical dataset of NQ 1-minute bars. Using this on other instruments will produce inaccurate results. CORE CONCEPT: CHECKPOINT METHODOLOGY What is a Checkpoint? A checkpoint occurs when a 4-hour candle closes. At this moment, the indicator "locks" the current market state and calculates probabilities for the remainder of the trading day. The key innovation is that state never changes after locking - probabilities remain constant throughout the session until the next checkpoint. The Six 4-Hour Candles (EST): 6PM (18:00-22:00) - Evening/Globex open 10PM (22:00-02:00) - Asia session 2AM (02:00-06:00) - Early London 6AM (06:00-10:00) - Late London + NY Open 10AM (10:00-14:00) - NY Morning 2PM (14:00-17:00) - NY Afternoon (3 hours only) Five Checkpoints: 10PM Checkpoint - After 6PM closes 2AM Checkpoint - After 10PM closes 6AM Checkpoint - After 2AM closes 10AM Checkpoint - After 6AM closes (most critical) 2PM Checkpoint - After 10AM closes (highest conviction fade signals) HOW IT WORKS: THE THREE-FACTOR STATE SYSTEM At each checkpoint, the indicator evaluates three critical factors to determine probability: 1. ELIMINATIONS (Quantity) An "elimination" occurs when a candle trades beyond a previous candle's high or low, effectively removing that candle from contention for HOD/LOD. Example at 10AM Checkpoint: 6PM high = 18,000 10PM high = 18,050 (eliminates 6PM high) 2AM high = 18,100 (eliminates 10PM high) 6AM high = 18,075 (does NOT eliminate 2AM high) Result: 2 eliminations The number of eliminations indicates trend strength: 0 eliminations = Range-bound, high probability extremes already set 1-2 eliminations = Moderate trend 3-4 eliminations = Strong trend day, range likely to extend 2. STRUCTURE (Pattern Type) The indicator distinguishes between two elimination patterns: Sequential: Eliminations occur in order (6pm → 10pm → 2am → 6am → 10am) Indicates smooth, consistent trend Example: 10pm eliminates 6pm, then 2am eliminates 10pm (sequential) Skip: Eliminations skip candles Indicates choppy/reversal behavior Example: 2am eliminates 6pm but NOT 10pm (skip pattern) Why it matters: Skip patterns show 2X probability differences compared to sequential patterns. At 10AM checkpoint with 2 eliminations, skip pattern shows 64% participation rate vs 36% for sequential pattern with previous survived. 3. PREVIOUS CANDLE STATUS Did the immediately prior candle get eliminated? Eliminated: Previous candle's high/low was taken out Indicates relentless trend Higher probability of continuation Survived: Previous candle's high/low still intact Indicates trend pause Higher probability of mean reversion or range completion Critical insight: High and low are tracked separately. At 2AM checkpoint, 10PM might have eliminated 6PM high (relentless uptrend) but NOT eliminated 6PM low (low survived). This creates different probabilities for HOD vs LOD. VISUAL ELEMENTS 4-Hour Candle Boxes Each 4H candle is displayed as a colored box showing its range: Gray = 6PM (evening) Blue = 10PM (Asia) Purple = 2AM (early London) Orange = 6AM (London + NY Open) - THE CURVE SESSION Teal = 10AM (NY morning) - THE MONEY SESSION Red = 2PM (NY afternoon) - THE FADE SESSION HOD/LOD Lines Black horizontal lines extend from current HOD/LOD with labels showing: Which candle set the extreme Current price level THE CHECKPOINT TABLE EXPLAINED Table Header: Shows current checkpoint (e.g., "🎯 10AM CHECKPOINT") or "⏳ PRE-CHECKPOINT" if between checkpoints. Main Metrics (Side-by-Side Comparison): The table displays HOD and LOD separately in two columns because they can have different patterns: METRIC HODLOD Eliminations Number of candles eliminated so far for highs Number of candles eliminated so far for lows Structure Sequential or Skip pattern for highs Sequential or Skip pattern for lows Prev Candle Was previous candle's high eliminated or did it survive? Was previous candle's low eliminated or did it survive? Pattern Combined interpretation: Relentless/Paused/Skip/Early Combined interpretation: Relentless/Paused/Skip/Early Color Coding: Structure Row: White = Sequential (smooth trend) Orange = Skip (choppy/reversal) Previous Candle Row: Red = Eliminated (relentless trend continuing) Blue = Survived (trend paused) Pattern Row: Red = Relentless (previous eliminated + sequential = strong trend) Blue = Paused (previous survived + sequential = trend pause) Orange = Skip/Chop (skip pattern = reversal likely) Gray = Early (0-1 eliminations, too early to tell) Probability Section: Prob Already In: Percentage chance that HOD/LOD has already been set Color coding: Green (>75%) = High confidence extreme is in, FADE Yellow (45-75%) = Moderate confidence Red (<45%) = Low confidence extreme is in, CONTINUATION likely Sample Size: Shows how many historical occurrences match this exact state (n=XXX) Larger samples = higher confidence Most common states have n=500-2,000+ Current: Which candle currently holds HOD/LOD Pattern Guide Section: Appears when you have 2+ eliminations. Provides interpretation: 📈 Paused: Trend has paused, 2pm more likely to set extreme 📈 Relentless: Breaking higher/lower, continuation expected 📈 Skip/Chop: Choppy pattern, next session likely Same for lows with 📉 symbol. PRACTICAL TRADING EXAMPLES Example 1: High Conviction Fade Setup State at 10AM Checkpoint: Eliminations: 0 (both HOD/LOD) Structure: None (no eliminations yet) Prev Candle: Survived Table shows: HOD Prob Already In: 68.9% (n=582) LOD Prob Already In: 73.6% (n=785) Interpretation: Range is likely complete. Fade extremes. With 0 eliminations and 70%+ probability, this is a high-conviction mean reversion signal. Example 2: Strong Continuation Signal State at 10AM Checkpoint: Eliminations: 3 (both HOD/LOD) Structure: Sequential Prev Candle: Eliminated (relentless) Table shows: HOD Prob Already In: 29.8% (n=1,758) LOD Prob Already In: 34.6% (n=1,451) Pattern: 📈 Relentless / 📉 Relentless Interpretation: Strong trend day. Only 30-35% chance range is complete. Look for breakouts in direction of trend. 10AM and 2PM likely to extend range. Example 3: Pattern Structure Edge State at 10AM Checkpoint: Eliminations: 2 (HOD) Structure: Skip (orange background) Prev Candle: Eliminated vs Alternative State: Eliminations: 2 (HOD) Structure: Sequential Prev Candle: Survived Result: Skip pattern shows 64% chance 10AM participates vs 36% for sequential+survived. Skip pattern = 2X more likely to see 10AM high. This structural edge is unique to this indicator. Example 4: Different HOD vs LOD Patterns State at 10AM Checkpoint: HOD: 2 eliminations, Sequential, Previous Eliminated (Relentless) = 46.7% in LOD: 2 eliminations, Skip, Previous Eliminated (Choppy) = 48.4% in Interpretation: Highs show relentless uptrend but lows show choppy behavior. This divergence suggests potential for upside continuation but with volatility. Not a clean trend day. KEY CHECKPOINT STATISTICS (DERIVED FROM 10-YEAR DATASET) 10PM Checkpoint (After 6PM): Very early in day 13.5% HOD in, 21.3% LOD in Most likely outcome: Range extends into 6AM/10AM 2AM Checkpoint (After 10PM): Still early With 0 elims: 22-31% in (balanced) With 1 elim: 8-12% in (strong trend signal) 6AM Checkpoint (After 2AM) - Critical Decision Point: With 0 elims: 40-47% in (balanced, could go either way) With 2 elims: 18-22% in (strong trend into 6AM/10AM) Most likely outcome: 10AM sets extremes (~38-40%) 10AM Checkpoint (After 6AM) - Highest Conviction: With 0 elims: 69-74% in → FADE (high confidence) With 3 elims: 30-35% in → BUY/SELL continuation This is THE money checkpoint for high-probability setups 2PM Checkpoint (After 10AM) - Maximum Fade Conviction: With 0-3 elims: 67-95% in → FADE strongly With 4 elims: 49-61% in (monster trend, weaker fade) 2PM is primarily a mean reversion session UNDERSTANDING THE UNDERLYING DATA All probabilities are derived from analysis of: Instrument: NQ Futures (E-mini NASDAQ-100) Timeframe: 1-minute bars Period: January 2013 - December 2025 Sample: 3,136+ complete trading days Methodology: Real-time checkpoint analysis with zero forward-looking bias Why NQ-Specific? Each futures contract has unique: Session characteristics (6AM in NQ shows 60-64% curve behavior, other sessions differ) Timing patterns (NQ's 10AM session has 67-74% immediate takeouts) Volatility profiles (NQ 2PM shows 56% bullish bias vs ES shows different bias) Using this indicator on ES, RTY, or other instruments will produce inaccurate results because the probability tables are NQ-specific. ORIGINALITY & INNOVATION What Makes This Indicator Unique: Zero Forward-Looking Bias: State locks at checkpoint moments. Traditional indicators recalculate continuously, introducing bias. This indicator freezes probabilities at the exact moment a 4H candle closes. Three-Factor State System: Combines elimination count, structure pattern, and previous candle status. Most indicators only track one dimension. This multi-factor approach provides 2X+ probability differentials. Separate HOD/LOD Tracking: Highs and lows can have different patterns simultaneously (relentless high with choppy low). This indicator tracks them separately for precision. Pattern Structure Analysis: Distinguishes between sequential and skip patterns, a concept not found in standard indicators. Skip patterns show mean reversion while sequential shows continuation. 10+ Year Statistical Foundation: Every probability is backed by hundreds to thousands of historical occurrences (sample sizes shown in table). Not based on theories or assumptions. Checkpoint-Specific Probabilities: Different checkpoints have different probability profiles. 10AM checkpoint with 0 eliminations = 70%+ fade. 6AM checkpoint with same state = 40%+ fade. Context matters. HOW TO USE THIS INDICATOR Step 1: Wait for Checkpoint The table will show "⏳ PRE-CHECKPOINT" until a 4H candle closes. Probabilities are only valid at checkpoint moments. Step 2: Read the State Check the three factors: How many eliminations? Sequential or skip? Previous candle eliminated or survived? Step 3: Check Probability Look at "Prob Already In" percentage: >75% (Green) = High confidence extreme is set, fade 45-75% (Yellow) = Moderate confidence, use other confirmation <45% (Red) = Low confidence extreme is set, continuation likely Step 4: Check Sample Size Larger sample (n=1,000+) = higher confidence Smaller sample (n=50-200) = use caution, edge is real but less robust Step 5: Consider Pattern Read the pattern guide: Relentless = trend continuing Paused = trend stalled, mean reversion Skip/Chop = reversal/range likely Step 6: Compare HOD vs LOD If both show similar patterns = cleaner signal If divergent patterns = complex day, be cautious BEST PRACTICES Focus on 10AM and 2PM checkpoints - These have the highest conviction signals Combine with price action - Don't fade blindly at 90% probability if price is breaking out strongly Larger samples = better edges - Prioritize setups with n=500+ Watch for pattern divergence - When HOD and LOD show different patterns, expect complexity Remember session characteristics: 6AM = THE CURVE SESSION (60-64% mean reversion when Q2 breaks Q1) 10AM = THE MONEY SESSION (67-74% immediate takeouts, highest conviction) 2PM = THE FADE SESSION (67-95% extremes already in) SETTINGS Show 4H Candle Boxes - Display colored boxes for each 4H candle Show HOD/LOD Lines - Display horizontal lines at current extremes Show Checkpoint Analysis - Display probability table Table Position - Choose where to place the checkpoint table Table Size - Tiny/Small/Normal Colors - Customize box colors for each session LIMITATIONS & DISCLAIMERS NQ FUTURES ONLY - Do not use on other instruments Not a standalone system - Use as confluence with your strategy Historical data - Past performance doesn't guarantee future results Sample size variance - Some states have smaller samples, use judgment Requires understanding - Read this guide fully before trading with this tool FINAL NOTES This indicator represents 10+ years of NQ futures data distilled into actionable, real-time probabilities. The checkpoint methodology ensures zero forward-looking bias, while the three-factor state system provides granular edge that traditional indicators miss. Remember: This tool provides probabilities, not certainties. Trade with proper risk management, and use this as one input in your decision-making process.
Pine Script® indicator
by lucymatos
Historical Returns [BigBeluga]🔵 OVERVIEW The Historical Returns indicator visualizes daily and monthly return data to help traders assess seasonal performance and volatility behavior. It provides a clean and informative dashboard showing the current month’s daily return bubbles, monthly return curves, and a snapshot of the current month and year performance. This tool is ideal for spotting recurring return patterns and understanding the broader profitability context of a symbol. 🔵 CONCEPTS Daily Return Bubbles: Each trading day is analyzed for its return percentage, and plotted as a bubble with size proportional to the return magnitude. Monthly Performance Curves: Average or cumulative returns are calculated and plotted to show how the current month is performing relative to historical averages. Current Year Return: Current year performance as a single return value, giving traders context on long-term profitability. Current Month Average Return: Current month average performance as a single return value, giving traders context on short-term profitability. Extreme Return Labels: Optionally highlights daily returns above +4% or below -4% with labeled percentages for spike recognition. 🔵 FEATURES Shows daily return bubbles (1%–7%+), color-coded by direction. Labels monthly returns with the month name and percentage value. Displays a performance dashboard with: Daily return heatmap for the current month. Average return for the current month. Year-to-date return. Toggle between average and cumulative modes for monthly return curves. Clearly marks days with abnormal return spikes using optional labels. Clean fallback warning if not on a daily chart ("⚠️USE DAILY TIMEFRAME"). Custom color themes for bullish and bearish values. 🔵 HOW TO USE Use the monthly return curve to compare how the current month is performing against historical averages. Look for clusters of positive or negative bubbles as signals of strong directional weeks. Watch extreme return labels for volatility spikes or catalyst days. Use year-to-date return to assess how the asset is trending in the broader macro cycle. Combine with other BigBeluga tools to align trades with historically favorable periods. 🔵 CONCLUSION Historical Returns is your visual companion for return analytics — helping you identify profitable months, detect volatility surges, and understand historical seasonality at a glance. With a clean dashboard and insightful overlays, this tool supports better timing and improved statistical edge in both short- and long-term trades.
Pine Script® indicator
by BigBeluga
3
Ultimate Lines Statistical Backtest @MaxMaseratiUltimate lines (MAs/MACD/VWAP,DWA etc..) Statistical Backtest This is a comprehensive statistical backtesting tool that allows traders to objectively measure the performance of 27+ different trading lines across multiple timeframes and sessions. Instead of guessing which moving averages, VWAPs, or volume levels actually work for your trading style, this indicator provides hard data showing exactly how price behaves around each line at specific times of day. The indicator solves a critical problem: most lines create whipsaws in choppy markets, but knowing which lines have the highest continuation rates vs reversal rates at specific session times helps you avoid false signals and focus on setups with proven statistical edges. 🎯 LINES YOU CAN TEST MMM Core Lines: Mid MA: Trend velocity tracker using simple moving average MMPD Line: Premium/Discount change-of-direction indicator Fair Value Golden Ratio: 0.618 equilibrium level between premium and discount zones Volume-Based Lines: VWAP Daily/Weekly: Volume-weighted average price (daily and weekly sessions) Volume POC Multi-TF: Multi-timeframe Point of Control (highest volume price level) Volume POC Weekly: Weekly momentum pivot based on volume distribution Range Midpoints: Range Midpoint 50: 50-period high/low midpoint Range Midpoint 14 TF1/TF2: Configurable timeframe range midpoints with smoothing options Moving Averages (10 MA Types): MACD Fast (12) / Signal (26): Standard MACD moving averages Fast MA 20 / Mid MA 50 / Slow MA 200: Classic trend-following averages Available MA Types: SMA, EMA, WMA, HMA, DEMA, TEMA, LSMA, KAMA, ALMA, VWMA Volatility Indicators: MVM Upper/Lower Bands: Momentum-based volatility bands with adaptive option HVC Bullish/Bearish: High Volume Candle support/resistance levels Ultimate Suite Advanced Lines: DWAP (Delta Weighted Average Price): Directional volume-weighted price with upper/lower bands HVN (High Volume Node): High-frequency trading node detection Hybrid Line: Volume-weighted momentum composite Trend Filter: Two-pole smoothing filter for trend clarity STL Lines: iBuSTL / iBeSTL: Internal Bullish/Bearish Structural Trend Liquidity levels ⚙️ HOW TO TEST Select Lines: Check the boxes for lines you want to analyze (Mid MA, VWAP Daily, Volume POC, etc.) Choose Times: Enable tracking for specific session times (default: 8:30 AM, 9:30 AM, 10:00 AM, Daily Close - EST) Set Lookback: Choose how many days of historical data to analyze (default: 60 days) Enable Pattern Analysis: Turn on "Enable Pattern Analysis" in settings Wait for Data: The indicator needs 20 bars after each signal time to complete analysis Review Statistics: Check the statistics table for detailed breakdowns 📈 STATISTICS EXPLAINED For Each Tracked Time, You'll See: 🟢 Above Selected Lines (X samples): Continued↑: Price stayed above the lines = bullish continuation Reversed↓: Price broke below the lines = reversal/rejection →Kept Going↓: After reversing down, price continued lower (bars 11-20) →Stalled: After reversing down, price came back up (consolidation) Neutral: Price didn't make a clear move either way 🔴 Below Selected Lines (X samples): Continued↓: Price stayed below the lines = bearish continuation Reversed↑: Price broke above the lines = reversal/support bounce →Kept Going↑: After reversing up, price continued higher (bars 11-20) →Stalled: After reversing up, price came back down (consolidation) Neutral: No clear directional move ⭐ Star Ratings: Show which outcome happens most frequently (best probability) 🔬 HYBRID DETECTION SYSTEM (ADVANCED) When enabled, the indicator uses a multi-signal composite scoring system that goes beyond simple percentage movements: Signal A - % Movement Direction (40% weight): Measures the strength and direction of price movement. Strong directional moves (>0.8%) score higher, while opposite-direction moves score negatively. Signal B - Inside Candles (30% weight): Detects true consolidation by counting how many candles close within a defined range. High inside-candle counts indicate choppy, stalled price action rather than clean continuation. Signal C - Successive Closes (30% weight): Tracks momentum persistence by counting consecutive closes in the expected direction. Long streaks (6+ bars) indicate strong follow-through, while breaks in the sequence suggest weakness. Composite Score Classification: ⭐⭐⭐ Strong (75-100 points): All three signals align - high-confidence pattern ⭐⭐ Moderate (50-75 points): Two signals agree - reliable pattern ⭐ Weak (25-50 points): Mixed signals - lower confidence ⚠️ Strong Stalled (0-25 points): Signals show consolidation/reversal This provides nuanced pattern detection that identifies not just IF a pattern succeeded, but HOW STRONGLY it performed. 💡 INTERPRETING RESULTS Good Lines Show: High continuation % when price is above/below (>60% is strong) Clean "Kept Going" patterns after reversals (>50% indicates reliable rejection) Low stalled % (less whipsaw/consolidation) Consistent patterns across multiple times (validates the line's reliability) Poor Lines Show: 50/50 continuation vs reversal (coin flip = no edge) High stalled % (lots of whipsaw/false signals) Inconsistent patterns across different times (unreliable) Example Interpretation: 9:30 AM - VWAP Daily (120 samples) 🟢 Above: Continued↑ 75 (62.5%) ⭐ BEST Reversed↓ 30 (25.0%) Meaning: When price is above VWAP Daily at 9:30 AM, it continues higher 62.5% of the time - this is a statistically strong bullish signal for that session time. 🎯 PRACTICAL VALUE Solves the Whipsaw Problem: Most moving averages and lines work beautifully in trending markets but create endless false signals in choppy, range-bound conditions. By analyzing specific session times and continuation vs reversal patterns, you can: Identify high-probability setups: Focus on lines that show >60% continuation at your preferred trading times Avoid weak signals: Skip lines with high stall rates or 50/50 outcomes Time your entries better: Know which session times produce the cleanest patterns Combine complementary lines: Stack multiple high-scoring lines for confluence Adapt to market conditions: Switch to different lines when market structure changes Real-World Application: Instead of blindly trading VWAP crosses or MA bounces, you'll have objective data showing: "At 9:30 AM on ES, when price is above Mid MA + VWAP Daily + Volume POC, it continues higher 68% of the time with strong momentum (⭐⭐⭐)." This transforms discretionary guesswork into data-driven decision making. ⚙️ LINE DEFINITIONS Moving Averages: Smooth price data over X periods to identify trend direction and dynamic support/resistance. VWAP: Anchored average price weighted by volume - institutional traders' benchmark for "fair value." Volume POC (Point of Control): Price level with the most traded volume - represents maximum market acceptance. Fair Value Golden Ratio: Fibonacci 0.618 level between recent premium (high) and discount (low) - equilibrium zone. DWAP (Delta Weighted): Price average weighted by buying vs selling volume delta - shows directional money flow. Range Midpoints: Geometric center of recent high/low range - mean reversion pivot. Volatility Bands: Envelope around momentum lines showing normal price deviation ranges. HVN (High Volume Node): Automated detection of high-volume price clusters - institutional accumulation/distribution zones. Note: This indicator is purely for statistical analysis and backtesting. It does not generate trade signals or provide entry/exit recommendations. Use the statistics to inform your own trading decisions and strategy development.
Pine Script® indicator
by MaxMaserati
GC HOD / LOD Time ZonesGC HOD / LOD Time Zones (Daily Open Anchored) This indicator highlights statistically significant intraday time windows in COMEX Gold futures (GC) where the High-of-Day (HOD) and Low-of-Day (LOD) most frequently form, based on intraday historical analysis. All zones are anchored to the daily session open, ensuring that each highlighted window is interpreted in context of the current trading day, not prior sessions. The indicator displays these zones across historical data, allowing traders to study recurring behavior and validate edge over time. Color Logic Red Zones — Time windows where HOD most commonly forms Blue Zones — Time windows where LOD most commonly forms Purple Zones — Overlapping windows where both HOD and LOD have historically occurred, indicating heightened volatility and extreme-formation risk Key Characteristics Uses Central Time (CT) for all time calculations Based on 1-minute intraday research of GC futures Anchored to the daily candle open for session relevance Displays past and present zones for historical study Time-based only — no directional bias is implied Intended Use This indicator is designed to provide time-based context, not trade signals. It is best used alongside: Higher-timeframe bias Liquidity and session analysis Volatility expansion or contraction models Fractal, CPI, or macro-event frameworks The zones identify when price is most likely to establish an intraday extreme — not whether price will move up or down.
Pine Script® indicator
by CabbageOnIce
BTC - DCA vs HODL Calculator MatrixBTC - DCA vs. HODL Calculator Matrix | RM Overview The BTC - DCA vs. HODL Calculator Matrix is a high-performance telemetry laboratory designed to settle the ultimate debate in Bitcoin accumulation: Is it more efficient to deploy all capital at once ( Lump Sum & HODL ) or utilize a recurring purchase strategy ( DCA )? More importantly, if DCA is the choice, which exact frequency and weekday provides the mathematical edge? The Calculator Matrix was engineered to solve a critical limitation in the current script ecosystem (at least I couldnt find such an indicator): the inability to compare multiple DCA frequencies and specific calendar days simultaneously within a single dashboard. While developing this tool, I found that existing calculators typically only permit testing one strategy at a time (e.g., a generic "Weekly" buy). This script fills that gap by utilizing a high-performance array-based "Telemetry Engine" to rank dozens of variables—including every individual weekday and specific monthly dates—against a HODL benchmark in real-time. This unique simultaneous comparison allows investors to mathematically identify "Weekday Alpha" across any user-defined timeframe. Core Philosophy The script utilizes a Normalized Capital Model . To ensure a true "apples-to-apples" comparison, your total capital (e.g., $10,000) is distributed with mathematical precision across the exact number of entries for each specific strategy. This eliminates the ROI skewing commonly found in basic scripts, ensuring that every strategy is judged on the same total dollar expenditure over the same "Race Track." Key Features & Analytics • The Podium System: An automated ranking algorithm that awards 🥇 Gold, 🥈 Silver, and 🥉 Bronze medals to the top three performing strategies. Spoiler: Regular Winner: 1-time HODL (Lump Sum) • Simultaneous Strategy Testing: Compare Daily, 7 different Weekly days (Mon-Sun), and Monthly dates (1st–28th) all at once. • Risk Telemetry: Integrated Max Drawdown (MDD) sensors for every strategy, revealing the "Emotional Cost" of your accumulation path. • Race Track Visuals: Blue dashed "Green Flag" and "Checkered Flag" lines visually define the boundaries of your backtest. • Dashboard Customization: Use the "Odd/Even" filter to keep the matrix sleek and readable on (nearly) any screen resolution. The Strategies Tested • 1-TIME HODL: The benchmark (Lump sum entry on Day 1 - meaning all the capital is deployed at the start date). • DAILY DCA: High-frequency, day-by-day accumulation (the capital is split amongst the different entries). • WEEKLY (SUN-SAT): Evaluates which specific day of the week historically captures the best entries (e.g., "Weekend Dips").(The capital is split amongst the different entries). • MONTHLY (1-28 + END): Tests monthly date performance to optimize for beginning-of-month or end-of-month cycles. (The capital is split amongst the different entries). Monte Carlo Simulation & Python Research While this tool allows you to manually check any specific timeframe, manual testing is limited by "Start Date Bias." To find the Universal Winner , I have conducted a Monte Carlo Simulation using 100 random entry dates over the last 5 years via Python/Colab. This research reveals the statistical probability of a day (like Saturday) winning the Gold medal across all market conditions. Access the Python Heatmap Research in my substack article (link for substack in Bio). How to Use 1. Set the Race Track: Input Start and End dates in the settings. 2. Fuel the Engine: Set your Total Capital ($). 3. Analyze the Matrix: Compare ROI vs. MAX DD. The goal is not just the highest return, but the best Risk-Adjusted return. Technical Implementation This script utilizes an array-based telemetry engine to handle the simultaneous calculation of 30+ independent investment strategies. To ensure computational efficiency and bypass the limitations of standard security-based backtesting, I implemented a custom-built accumulator logic using array.new_float() and array.set() . The core calculation loop ( if in_race and is_new_day ) processes capital deployment on a per-bar basis, utilizing ta.change(time("D")) to ensure entry synchronization with the Daily UTC close. By decoupling the unit accumulation ( u_weekly , u_monthly ) from the final valuation logic ( f_get_stats ), the script maintains a Normalized Capital Model. This ensures that even with complex comparative logic across varying frequencies, the script provides a mathematically rigorous, reproducible result that matches real-world execution at the Daily UTC Midnight close. Note: All calculations are made on the "close" bar, which means UTC 00:00. By creating a strategy or using the research, make sure to be aware of your time zone Disclaimer: Past performance is not indicative of future results. This tool is for educational and research purposes only. Rob Maths is not liable for any financial losses. Tags: robmaths, Rob Maths, DCA, HODL, Bitcoin, BTC, Backtest, RiskManagement, Investment, Strategy, Statistics
Pine Script® indicator
by Rob_Maths
Buy / Sell Volume HeaderBuy / Sell Volume Header Description - Buy / Sell Volume Header displays real-time buying and selling volume with percentages in a clean dashboard at the top or bottom of your chart. The indicator calculates buying pressure as volume weighted toward the close relative to the bar's range, and selling pressure as volume weighted toward the high. - Perfect for day traders and scalpers who need instant visual confirmation of buying vs selling pressure without cluttering their chart with additional panes. Key Features: - Real-time buy/sell volume split with percentages - Customizable lookback period (1 bar for current, or sum multiple bars) - Adjustable table position (top/bottom, left/center/right) - Five size options (Tiny to Huge) - Color-coded: Green (buying volume), Red (selling volume) - Clean, minimal design that doesn't obstruct price action Calculation Method: - Buying Volume = Total Volume × (Close - Low) / (High - Low) - Selling Volume = Total Volume × (High - Close) / (High - Low) How to Use: - Select header location (default: Top Right) and table size (default: Normal). Set lookback period to 1 for current bar only, or higher values to see cumulative volume over multiple bars. Reading the Display: - Green Box (Left): Buying volume and percentage of total - Red Box (Right): Selling volume and percentage of total - Numbers update in real-time on every tick Trading Applications: - Trend Confirmation: - In uptrends, buying volume should consistently be >60%. - In downtrends, selling volume should be >60%. Divergences warn of potential reversals. Breakout Validation: - Valid breakouts show 70%+ volume in breakout direction. - Breakouts with <55% directional volume often fail. Reversal Signals: - When price makes new high but buying volume drops below 50%, watch for reversal. When price makes new low but selling volume drops below 50%, watch for bounce. Scalping Entry: - Enter long when buying volume spikes above 65-70% with price momentum. Enter short when selling volume spikes above 65-70% with price momentum. Best Practices: - Use lookback=1 for intraday scalping. Use lookback=3-5 for swing context. Combine with price action for confirmation. Volume percentages work best on liquid instruments (MNQ, MES, stocks with high volume). NPR21 Disclaimer The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView.
Pine Script® indicator
by NPR21
Contract Size OverviewNever second-guess your position size again. This indicator displays your pre-configured contract or lot sizes for all your frequently traded instruments, so you always know exactly how much to trade the moment you open a chart. 🎯 Why Use This? Switching between ES futures, crypto pairs, and forex? Each instrument likely has a different position size based on your risk management. Instead of calculating or remembering sizes every time, configure them once and let the indicator do the work. ✨ Key Features Configure up to 10 symbols with custom position sizes Full support for fractional sizes (0.1 BTC, 0.25 ETH, etc.) Automatic symbol detection — works with continuous contracts (ES1!, NQH2025, etc.) Two display modes: current symbol only or full watchlist Optional large on-chart label for instant visibility Fully customizable colors and positioning 📖 How To Use Add the indicator to your chart Open settings and enter your traded symbols (ES, NQ, BTCUSDT, etc.) Set your default position size for each Switch between charts — your size appears automatically ⚙️ Display Options Single Mode : Shows only the current chart's position size — clean and minimal List Mode : Displays all configured symbols with the current one highlighted Large Label : Optional prominent display directly on the price chart 💡 Perfect For Futures traders managing multiple contracts (ES, NQ, CL, GC) Crypto traders with fractional position sizes Anyone who trades multiple instruments with different risk allocations Traders who want to eliminate sizing mistakes when switching markets ⚠️ Note This is an informational overlay only. It does not execute trades or connect to any broker.
Pine Script® indicator
by trading-guide
1
Buy & Hold Compounded ValueBuy & Hold Compounded Value This indicator calculates the cumulative compounded value of a buy-and-hold investment from the instrument’s inception. Starting from a user-defined initial investment (default $1000), it compounds returns using monthly price changes and displays the current portfolio value in the TradingView status line only. Designed for use on monthly charts, it provides a clean, clutter-free way to evaluate long-term performance without adding any visuals to the chart.
Pine Script® indicator
by bronek536
Market Entropy [Alpha Extract]A sophisticated information theory-based market analysis system that measures price randomness and structural order using Shannon entropy calculations across price, returns, and volume distributions. Utilizing adaptive percentile-based thresholds and multi-timeframe confirmation, this indicator delivers institutional-grade regime classification distinguishing between structured trending conditions and chaotic ranging environments. The system's composite entropy framework combined with dynamic gradient visualization and MTF alignment validation provides comprehensive market state assessment for optimal strategy selection and risk management. 🔶 Advanced Shannon Entropy Engine Implements pure information theory methodology using histogram distribution analysis with configurable bin counts to calculate normalized entropy values for price, returns, and volume metrics. The system constructs probability distributions from rolling windows, applies logarithmic entropy calculations, and normalizes against theoretical maximum entropy to produce 0-1 bounded measurements of market randomness and predictability. float entropy = 0.0 float total = float(len) for i = 0 to bins - 1 float count = array.get(bin_counts, i) if count > 0 float prob = count / total entropy -= prob * math.log(prob) / math.log(2) float max_entropy = math.log(bins) / math.log(2) result := entropy / max_entropy 🔶 Adaptive Percentile Threshold System Features intelligent threshold determination using rolling percentile calculations over configurable calibration periods to establish structure and chaos zones that adapt to changing market characteristics. The system calculates lower percentile for structure threshold (ordered markets) and upper percentile for chaos threshold (random markets), enabling regime classification that adjusts automatically to market evolution. 🔶 Multi-Timeframe Alignment Framework Implements comprehensive MTF entropy analysis retrieving composite entropy from three configurable higher timeframes with alignment validation logic. The system calculates divergence between current timeframe entropy and higher timeframe values, generating confirmation signals only when all timeframes exhibit entropy agreement within tolerance bands for enhanced signal reliability. 🔶 Three-Regime Classification Engine Provides sophisticated market state determination classifying conditions as structure (entropy below lower threshold), chaos (entropy above upper threshold), or neutral (entropy between thresholds) with regime strength measurement. The system tracks regime transitions and calculates conviction scores based on distance from thresholds, enabling nuanced assessment of market order versus randomness. 🔶 Composite Entropy Architecture Combines three distinct entropy measurements weighted by relevance to create unified market randomness metric with exponential smoothing for stability. The system applies 40% weight to price entropy (distribution shape), 35% to return entropy (movement patterns), and 25% to volume entropy (participation randomness), capturing comprehensive market microstructure information. 🔶 Dynamic Gradient Visualization System Features advanced color blending engine that transitions between primary and secondary colors based on entropy momentum intensity with glow effects for conviction emphasis. The system calculates entropy rate of change, normalizes against recent extremes, and applies smooth color interpolation from secondary to primary hues as momentum intensifies, creating intuitive visual representation of regime strength. 🔶 Intelligent Zone Fill Architecture Implements multi-layer gradient fills within structure and chaos zones that intensify as entropy moves deeper into extremes, providing immediate visual feedback on regime conviction. The system creates three-tier gradient levels at 33%, 66%, and 100% penetration into zones with progressively lower transparency, emphasizing extreme entropy conditions requiring attention. 🔶 Momentum-Based Divergence Detection Generates entry signals when entropy crosses below bull divergence level or above bear divergence level, identifying potential regime transitions before price confirmation. The system monitors entropy momentum direction during threshold crossings and validates with MTF alignment, producing high-probability reversal signals at entropy extremes. 🔶 Normalized Display Framework Provides 0-100 scaled visualization using adaptive min-max normalization calculated from percentile analysis, ensuring consistent visual interpretation across different market conditions and instruments. The system transforms raw composite entropy into normalized space with dynamic thresholds, enabling cross-market and cross-timeframe entropy comparison. 🔶 Regime Strength Measurement Calculates conviction scores measuring depth of entropy penetration into structure or chaos zones relative to historical ranges, quantifying how definitively current conditions favor trending versus ranging strategies. The system produces 0-1 strength values that modulate visual intensity and can inform position sizing or strategy allocation decisions. 🔶 Performance Optimization Framework Utilizes efficient array operations with optimized histogram calculations and configurable lookback limits to balance accuracy with computational efficiency. The system includes intelligent caching of percentile calculations and streamlined probability summations for smooth real-time entropy updates across extended historical periods. 🔶 Why Choose Market Entropy ? This indicator delivers sophisticated market regime analysis through pure information theory methodology measuring actual randomness versus structure in price behavior. Unlike traditional volatility or trend indicators that measure price movement characteristics, Market Entropy quantifies the fundamental predictability of market conditions using Shannon entropy calculations. The system's composite approach combining price, return, and volume distributions with adaptive thresholds, MTF confirmation, and gradient visualization makes it essential for traders seeking objective regime classification to optimize strategy selection. Low entropy (structure zone) indicates ordered, trending conditions favorable for directional strategies, while high entropy (chaos zone) signals random, ranging markets better suited for mean reversion or reduced exposure. The indicator excels at identifying regime transitions before they become obvious in price action across cryptocurrency, forex, and equity markets.
Pine Script® indicator
by AlphaExtract
Half Closing CandleHalf Closing Candle This indicator identifies candles whose closing price falls within the upper or lower half of the candle range, measured from the midpoint relative to the candle’s open. It helps traders quickly spot candles that close toward the open or high/low extremes, providing insight into momentum, indecision, or potential reversal areas. The script highlights these candles with a subtle, non-intrusive overlay directly on the chart, without altering candle wicks or overall price representation, ensuring visual clarity and professional presentation.
Pine Script® indicator
by simonyap118
SNIPER ORB V4SNIPER ORB V4 ### What It Does Draws 5/15/30 minute Opening Range Breakout levels with confirmation patterns. ### Session Times | Session | Hours (ET) | |---------|------------| | London | 3:00 - 9:30 | | New York | 9:30 - 17:00 | ### Levels Drawn | Level | Color Default | Purpose | |-------|---------------|---------| | 5m ORB H/L | Blue | Scalp levels | | 15m ORB H/L | Cyan | Swing levels | | 30m ORB H/L | Purple | **Primary levels** | | Targets 1x-3x | Green/Red | Profit targets | ### Signals | Signal | Meaning | Priority | |--------|---------|----------| | `ORB↑` | Confirmed breakout up | ⭐⭐ | | `ORB↓` | Confirmed breakout down | ⭐⭐ | | `RT↑` | Retest long entry | ⭐⭐⭐ **BEST** | | `RT↓` | Retest short entry | ⭐⭐⭐ **BEST** | | `FVG↑` | FVG zone long | ⭐⭐⭐ | | `FVG↓` | FVG zone short | ⭐⭐⭐ | | `ABS` | Absorption (caution) | ⚠️ Warning | | `FK!` | Fakeout detected | ❌ Avoid | ### FVG Zones (Blue Boxes) - **Bullish FVG** = Gap below price → Support zone - **Bearish FVG** = Gap above price → Resistance zone - **Best Entry** = Price touches FVG + Engulfing candle ### Bar Colors | Color | Meaning | |-------|---------| | Bright Green | Bullish breakout confirmed | | Bright Red | Bearish breakout confirmed | | Light Green | Bullish retest entry | | Light Red | Bearish retest entry | ### Info Table Key | Field | Green = Good | Yellow/Orange = Caution | |-------|--------------|-------------------------| | Volume | HIGH VOL | Normal | | Body | STRONG (70%+) | Normal/Weak | | Status | BROKE HIGH/LOW | IN RANGE | ### Quick Trade Plan ``` LONG: 1. Wait for 30m ORB to complete 2. Watch for ORB↑ breakout 3. WAIT for pullback to ORB High 4. Enter on RT↑ or FVG↑ signal 5. SL = Below 30m ORB Low 6. TP = Target 1x or 2x SHORT: 1. Wait for 30m ORB to complete 2. Watch for ORB↓ breakout 3. WAIT for pullback to ORB Low 4. Enter on RT↓ or FVG↓ signal 5. SL = Above 30m ORB High 6. TP = Target 1x or 2x ``` ---
Pine Script® indicator
by alexandrodisla
1
Global Macro Scanner & Relative PerformanceDescription: This indicator is an all-in-one Macro Dashboard that allows traders to track money flow across major global asset classes in real-time. It combines a floating data table with a normalized percentage-performance chart. Features: Macro Dashboard (Table): Displays the current value, daily % change, and status (Inflow/Outflow) for 9 key economic sectors: US M2 Supply: Tracks monetary inflation/tightening. DXY (US Dollar): Currency strength. Bonds (AGG): US Aggregate Bond market. Stocks (VT): Total World Stock Index. Real Estate (VNQ): Vanguard Real Estate ETF. Commodities: Oil (WTI), Gold, and Silver. Crypto: Total Crypto Market Cap. Relative Performance Chart (Lines): Instead of plotting raw prices (which have vastly different scales), this script plots the Percentage Return relative to a baseline. Lookback Period: You can set a lookback (default 100 bars). The script sets the price 100 bars ago as "0%" and plots how much each asset has gained or lost since then. Comparison: This allows you to visually see which assets are outperforming or underperforming relative to each other over the same time period. Visual Aids: Dynamic Labels: Each line is tagged with a label at the current candle so you can identify assets without needing a legend. Colors: Each asset has a distinct, fixed color for consistency between the table and the chart. How to use: Add the script to your chart. Adjust the "Lookback" setting in the inputs to change the starting point of the comparison (e.g., set it to the start of the year to see Year-to-Date performance). Use the dashboard to spot daily money flow rotation (e.g., Money moving out of Stocks and into Gold).
Pine Script® indicator
by armigoldman
Execution-Weighted Market Regime Map (EWRM)Overview The Execution-Weighted Market Regime Map is designed to answer a simple question: “Is this market worth trading right now, or is it mostly noise and costs?” Instead of focusing only on trend vs range, it evaluates whether conditions are likely to: offer clean, follow-through price movement chop back and forth be dominated by costs like spread and slippage It is meant for day traders and swing traders who want to choose when to trade, not just where to enter . Core idea Most indicators try to predict direction. EWRM focuses on tradability. It highlights: when the market moves cleanly and is easier to execute when volatility is unstable and unreliable when “cost of trading” (spread and slippage) eats potential profit The indicator shows this using: a visual dashboard background color changes clear regime labels Key concepts in plain language SRR – Spread-to-Range Ratio How big the trading costs are compared to how much price is moving. High SRR = the market moves little but costs you a lot → bad environment. Low SRR = price moves much more than it costs to trade → better environment. PEI – Pullback Efficiency Index Measures how “clean” trends are. If pullbacks lead to smooth continuation, PEI is high. If pullbacks constantly fail and reverse, PEI is low. SRP – Slippage Risk Proxy Estimates how likely you are to get worse fills than expected. Fast spikes, thin liquidity zones, and whipsaw behavior increase SRP. What EWRM helps you do avoid overtrading during messy conditions size up when conditions are smooth and directional identify when volatility is expanding or collapsing adapt behavior by time of day (open, midday, close) How it works at a high level It measures how much the market is moving It checks whether volatility is stable or chaotic It estimates how expensive and difficult execution is It breaks the day into premarket, open, midday, and power hour It combines all of this into an overall “regime” label It colors the background or dashboard so you can read the state instantly There are no buy/sell arrows. It is a decision-support tool, not a signal generator. How to use it trade more when conditions are clean and execution-friendly stand aside when cost and noise dominate movement prefer trend setups when trend regimes are detected stay cautious when regime flips frequently Think of it as a weather map for the market, not a GPS. Inputs and parameters Core settings Realized Volatility Length – how fast the tool reacts to volatility changes Volatility Stability Length – how stable/unstable volatility appears ATR Length – used to scale and normalize movement General Lookback – how much history is analyzed Session settings Premarket Opening drive Midday Power hour These let the tool treat each time window differently, since behavior changes through the day. Cost settings Estimated Spread – approximate buy/sell price difference Estimated Slippage – expected extra cost from fast movement These make the tool focus on realistic, after-cost trading conditions . Visual settings toggle dashboard toggle background shading toggle regime labels choose X/Y position of the panel Limitations uses estimates of spread and slippage, not live order-book data cannot remove all uncertainty best used as a filter, not a trading system Suggested use filter out bad environments increase selectivity align position size with regime quality combine with your own strategy or entries
Pine Script® indicator
by DeepEntropy
Options Gamma Flip Zones [BackQuant]Options Gamma Flip Zones A market-structure style “gamma flip” mapper that builds adaptive strike-like zones, scores how price interacts with them, then promotes the strongest candidates into confirmed flip zones. Designed to highlight pinning, failed breaks, and rotational behavior without needing live options chain data. What this indicator does This script identifies price levels that behave like “strike magnets” during conditions that resemble options pinning, then draws dynamic zones around those levels. Instead of assuming every round number matters, it: Creates a strike ladder (auto or manual step). Applies a regime filter that looks for “pin-friendly” market conditions. Tracks and scores repeated interactions with the level. Upgrades a zone from candidate to confirmed when enough evidence accumulates. Invalidates zones when price achieves sustained acceptance away from them. The output is a set of shaded boxes (zones) centered on strike-like levels, with text readouts that show the current state of each zone. Key concept: “Gamma proxy” A true gamma flip requires options positioning data. This indicator does not use options chain gamma. Instead, it uses a proxy approach: When markets have elevated volatility relative to their recent baseline AND trend strength is weak, price often behaves “sticky” around key levels. In those conditions, repeated touches and failed escapes around a level behave similarly to pinning around strikes. So this tool is best read as: “Where would a strike-like magnet likely exist right now, based on price behavior and regime conditions?” How zones are created Zones only start forming when the script detects a pin-friendly regime. 1) Strike Ladder (level selection) Auto Strike Step selects a step size based on current price magnitude (bigger price, bigger step). Manual Strike Step lets you force a fixed increment. The current “active level” is the nearest rounded level to price. Major Level Every optionally marks major ladder levels (multiples of step). 2) Band construction (zone thickness) Each zone is a symmetric band around the level, using one of two modes: ATR mode scales thickness with volatility. Percent mode scales thickness as a fraction of price. This matters because “pin behavior” is not a single tick. It’s a region where price repeatedly probes and rejects. Regime filter (when the script is allowed to believe in pinning) A zone is only eligible to form and strengthen when Pin Regime is active. Pin Regime is a conjunction of: 1) IV proxy (ATR z-score) Uses ATR as a volatility proxy. Converts ATR% into a z-score relative to a long lookback. IV Proxy Threshold controls how elevated volatility must be before the script considers pinning likely. 2) Weak trend requirement The script also requires price action to be non-trending: EMA spread must be small (fast vs slow EMA not diverging strongly). ADX must be below a ceiling, confirming weak directional trend strength. Interpretation: High “IV proxy” + weak trend is where pin-like behavior is most common. If trend is strong, zones are less meaningful because price is more likely to accept away from levels. Flip confirmation logic (what upgrades a zone) A zone is not “confirmed” just because price is near it once. The script builds conviction via evidence accumulation. Evidence types: Touches : price comes close to the level within tolerance. Failed escapes : price pushes outside the band but closes back inside (rejection). Acceptance run : consecutive closes outside the band, suggesting price is accepting away from the zone. Protections: Touch Cooldown prevents counting the same micro-chop as multiple touches. Acceptance Bars defines what “real acceptance” means, so the zone does not get invalidated by one noisy bar. A zone becomes confirmed when: Touches meet the “evidence” requirement. Failed escapes meet the “rejection” requirement. The regime filter still says the market is pin-friendly. That is important, it avoids promoting levels that only worked briefly in a trending tape. Zone scoring and lifecycle Each zone maintains a score that evolves over time. Think of score as “how much this level has recently behaved like a magnet.” Score dynamics: Decay per bar : score fades over time if price stops respecting the zone. + per touch : repeated proximity increases score. + per failed escape : rejections add stronger reinforcement. - per acceptance bar : sustained trading outside reduces score. Min score to draw : prevents clutter from weak, low-confidence zones. Invalidation: If the score becomes very weak AND price achieves sustained acceptance away from the zone, the zone is deleted. This keeps the chart clean and ensures zones represent current market behavior, not ancient levels. How to read the plot on chart 1) Zone fill and border Each zone is drawn as a box extended to the right. Fill opacity adapts to zone strength, strong zones are visually more prominent. Border color encodes the current directional context and special events. 2) Bullish vs bearish coloring A zone is colored bullish when price is currently trading above the zone’s mid-level. A zone is colored bearish when price is currently trading below it. This is not a trade signal by itself, it is a state cue for “which side is in control around the level.” 3) Failed escape highlighting If price attempts to break above the band and fails, the border temporarily highlights as a failed up escape. If price attempts to break below the band and fails, the border temporarily highlights as a failed down escape. These are the moments where pin behavior is most visible: Break attempt. Immediate rejection. Return to the band. 4) Midline (optional) The zone midline is the strike-like level itself. It is dotted to distinguish it from price structure lines. 5) Optional strike ladder overlay When enabled, the script draws major and minor ladder lines near current price. Major levels are thicker and less transparent. This is a visualization aid for “where the algorithm is rounding,” not a prediction tool. On-chart text readout (what the box text means) Each box prints a compact state summary, designed for fast scanning: Γ CANDIDATE means the zone is being tracked but not yet validated. Γ FLIP (PROXY) means the zone has met confirmation requirements. BULL/BEAR indicates which side price is on relative to the mid-level. L prints the level value. T is touch count, repeated proximity events. F is fail count, rejected escape attempts. IVz is the volatility proxy z-score at the moment. ADX is the trend strength context. Practical use cases 1) Pinning and range trading context Confirmed zones often act like gravity wells in sideways or rotational regimes. When price repeatedly fails to escape, fading outer edges can be reasonable context for mean reversion workflows. 2) Breakout validation If price achieves acceptance outside the band for multiple bars, that is stronger breakout context than a single wick. Zones that invalidate cleanly can mark transitions from pinning to directional move. 3) Time your “do nothing” periods When Pin Regime is active and a zone is confirmed, the tape often becomes sticky and inefficient for trend chasing. This helps avoid taking trend entries into a pin environment. Alerts Standalone alertconditions are included: Zone Confirmed : a candidate becomes confirmed. Zone Touch : price touches an active zone within tolerance. Zone Invalidated : the zone loses relevance and is removed. Tuning guidelines Sensitivity vs quality Lower Touches Needed and Failed Escapes Needed creates more zones faster, but with lower quality. Higher values create fewer zones, but the ones that remain are more behaviorally “proven.” Band width ATR mode adapts to volatility and is typically safer across assets. Percent mode is consistent visually but can feel too tight in high vol or too wide in low vol if not tuned. Regime thresholds If you want fewer zones, raise IV proxy threshold and tighten weak-trend filters. If you want more zones, lower IV proxy threshold and loosen weak-trend filters. Limitations This is a proxy model, not live options gamma. In strong trends, pinning assumptions can break, the regime filter is there to reduce that risk, but not eliminate it. Auto strike step is designed for typical market ranges, manual step is recommended for niche tick sizes or custom markets. Disclaimer Educational and informational only, not financial advice. Not a complete trading system. Always validate settings per asset and timeframe.
Pine Script® indicator
by BackQuant
2
Ultra Position Calculator v1 Ultra Position Calculator is a professional-grade, interactive risk management tool designed for speed and precision. Stop calculating position sizes manually or guessing your leverage. This tool allows you to define your trade setup directly on the chart by simply clicking, and it instantly calculates the exact position size needed to adhere to your fixed risk. Key Features 1. Interactive Click-to-Trade * No need to type numbers manually. * Simply click 3 times on the chart to set your levels: Entry , Stop Loss , and Take Profit . 2. Auto Position Sizing * Input your fixed risk amount (e.g., $100). * The indicator automatically calculates the required Position Size (USDT) to ensure you never lose more than your set risk. 3. Pro Dashboard * High-Contrast UI: Designed with a solid dark gray background and high-contrast text for maximum readability. * Profit Preview: Instantly see your potential profit (in USDT) if your TP is hit. * Risk/Reward Ratio: Automatically calculates and displays the R:R ratio of your setup. 4. Visual Clarity * Plots clear Entry (White), Stop Loss (Red), and Take Profit (Green) lines on the chart for visual confirmation. --- How to Use 1. Add to Chart: Add the indicator to your chart. 2. Set Levels: The cursor will turn into a crosshair. Click on the chart in this order: * 1st Click: Entry Price * 2nd Click: Stop Loss Price * 3rd Click: Take Profit Price 3. Check Dashboard: Look at the bottom-right panel to see your calculated Open Size . 4. Adjust Risk: Open settings to change your "Risk per Trade" (default is $100). --- Why use this? Professional trading is about risk management. This tool removes the friction of calculating lot sizes, allowing you to focus on price action and execution speed. Created for the Phoenix Capital community.
Pine Script® indicator
by LinearAlpha
1
ATR Tick Targets (Daily + Intraday)ATR Tick Targets (Daily + Intraday) This indicator calculates ATR-based tick targets and stops using both intraday ATR and daily ATR, then converts the result directly into tick distances relative to the current price. It’s designed for traders who think in ticks rather than raw price units, especially futures traders (e.g., MGC, ES, NQ, CL, etc.). 🔍 What it does ✔️ Calculates: Intraday ATR Daily ATR A combined ATR value (user-selectable) ✔️ Converts ATR → ticks using the symbol’s minimum tick size ✔️ Plots: ATR-based long TP / SL ATR-based short TP / SL ✔️ Displays: tick distances for TP and SL ATR values used in calculation optional label shifted to the right of price ⚙️ ATR combination methods You can choose how ATR is derived: Intraday only Daily only Average (default) Max (more conservative stops / larger targets) This allows you to match your volatility model to your trading style. 🎯 Typical use cases This tool is useful if you: set fixed tick SL/TP from ATR scale target size with volatility trade futures or tick-based markets want a volatility-aware RR framework want targets that expand in trends and contract in chop It does not generate trade signals. It simply provides objective ATR-based distances that you can plug into your own strategy. 👁️ Visual control Options include: show/hide lines show only current + previous bar show full historical levels toggle long/short model independently offset info label to avoid covering candles ⚠️ Notes Works on any timeframe Tick values depend on the symbol’s minimum tick size Intended for analysis, not guaranteed execution distances
Pine Script® indicator
by Ilias-trade
3
ADR Dashboard with Move, Left and AlertsIndicator Name: ADR Dashboard with Move, Left and Alerts Overview The ADR Dashboard is a powerful real-time trading tool that tracks how much a stock, crypto, or other asset has moved today relative to its Average Daily Range (ADR). It provides a clear visual representation of: 1. Today’s price movement (Move) 2. Remaining potential movement left to reach ADR (Left) 3. Percentage of ADR covered (% Covered) 4.Additionally, it provides automated alerts for key movement thresholds. A) What it Does 1.Calculates the Average Daily Range (ADR): 2. Uses True Range over a user-defined lookback period (default 14 days). 3. ADR measures typical daily volatility. B) Tracks Today’s Move: 1. Move = Current Price – Today’s Open (Realtime) 2. Positive → bullish move, Negative → bearish move C) Tracks Remaining Potential (Left): 1. Left = ADR – |Move| (Realtime) 2. Shows how much of the ADR is still available for today’s move 3. Percentage Covered: 4. % Covered = |Move| / ADR × 100 D) Color-coded for visual clarity: 1. Green (<50%) → small move, plenty of range left 2. Yellow (50–80%) → moderate move, watch for acceleration 3. Orange (80–100%) → strong move, ADR almost reached 4. Red (>100%) → ADR exceeded, momentum may be exhausted E) Dashboard Table: 1. Columns: ADR | Move | Left | % Covered 2. Position: middle-right of the chart F) Left column color-coded: 1. Green → some ADR left 2. Red → ADR fully reached or exceeded 3. Move column: usually yellow for visibility, but could be enhanced for positive/negative moves G) Alerts The indicator provides directional alerts: Bullish Alerts (upward moves): 1. 90% ADR warning: fires when Move ≥ 90% of ADR → early warning of strong bullish momentum 2. 100% ADR breach: fires when Move ≥ ADR → full daily range reached Bearish Alerts (downward moves): 1. 90% ADR warning: fires when Move ≤ -90% of ADR → early warning of strong bearish momentum 2. 100% ADR breach: fires when Move ≤ -ADR → full daily range reached All alerts are unique and fire once per session per threshold. H) How Traders Can Use This Indicator Momentum Trading: 1. Identify strong intraday moves approaching ADR. 2. Enter positions early at 90% ADR warning or take profits near 100% ADR. Scalping & Intraday Trading: 1. Gauge how much of today’s range is left for quick entries/exits. 2. Avoid trades when ADR is almost fully consumed → reduces risk of reversals. Swing Trading: 1. Combine with trend indicators to see if today’s move is significant relative to historical volatility. I) Risk Management: 1. Set profit targets or stop-loss levels based on Move and Left values. Visual Efficiency: At-a-glance view of Move, Left, % Covered, and alert status without manual calculations. Key Features 1. Real-time Move and Left updates 2. Color-coded % Covered and Left for quick visualization 3. Alerts for 90% and 100% ADR levels, bullish and bearish 4. Clean dashboard table at middle-right of the chart 5. Works across stocks, crypto, forex, and other markets J) Why This Indicator is Powerful 1. Combines volatility (ADR) with real-time price tracking 2. Provides visual clarity and actionable alerts 3. Helps traders stay ahead of intraday moves, manage risk, and time entries/exits effectively
Pine Script® indicator
by arupnj2018
SterlCore FX [JOATSterlCore FX Matrix is a multi-timeframe forex indicator that integrates market structure analysis, central bank policy proxies, currency strength correlation, session-based liquidity tracking, and volatility diagnostics into a single overlay system. Note: This script is published as an invite-only INDICATOR. It does not generate backtesting results or automated trade execution. Access requires authorization through the script's access control settings. ## Why This Script Merits Invite-Only Protection This indicator combines multiple analytical dimensions that individually exist as separate tools across the trading community. The value proposition lies in the specific integration methodology and composite scoring system that synthesizes: Multi-timeframe EMA lattice with adaptive ATR channels for structure analysis Central bank policy pressure assessment using normalized currency index calculations Real-time currency strength matrix across eight major currencies with correlation intelligence Session-specific VWAP calculations with drift metrics and range analysis Composite macro confluence scoring that weights and combines all analytical modules The proprietary elements include the mathematical weighting system for the macro confluence score, the specific normalization methods for currency strength calculations, and the integration logic that prevents conflicting signals across modules. While individual components like EMAs and RSI are standard, their specific combination, the composite scoring methodology, and the multi-module integration represent original development work that justifies source code protection. --- ## How Components Work Together The indicator's value comes from how its modules interact, not from any single component: Data Flow: 1. Multi-timeframe EMAs establish directional bias across strategic, tactical, and execution timeframes 2. Currency strength matrix identifies which currencies are strengthening/weakening across the broader market 3. Policy proxies assess central bank pressure differentials between base and quote currencies 4. Session VWAPs track intraday institutional positioning and drift 5. Correlation grid monitors whether related pairs confirm or contradict the current pair's signals 6. Momentum and volatility filters ensure signals only fire during favorable market conditions Integration Logic: Each module produces a normalized score (-1 to +1). These scores are weighted and combined into the macroConfluence composite: Structure score receives highest weight (50%) as the primary trend filter Carry composite (30%) captures policy-driven flows Currency strength spread (20%) validates pair-specific momentum Momentum, liquidity, session drift, and correlation act as modifiers that can dampen or amplify signals Why This Integration Matters: A standard EMA crossover might signal "buy" while currency strength shows the base currency weakening, session VWAP shows price below fair value, and correlation pairs are diverging. The composite scoring system catches these conflicts and reduces signal confidence accordingly. This multi-dimensional validation is what separates this indicator from simple mashups that display multiple indicators without integration. --- ## Core Functionality This indicator addresses the challenge of synthesizing multiple analytical dimensions in forex trading. Currency markets operate across multiple timeframes simultaneously, with central bank policy shifts, cross-pair correlations, and session-specific liquidity patterns all influencing price action. Most indicators focus on a single dimension; this script attempts to integrate several. What This Script Does: Multi-timeframe structure analysis using synchronized EMAs across strategic (daily), tactical (4-hour), and execution (hourly) timeframes Central bank policy pressure assessment through normalized currency index proxies Real-time currency strength matrix tracking eight major currencies (USD, EUR, GBP, JPY, AUD, CAD, CHF, NZD) Cross-pair correlation monitoring using configurable reference pairs Session-based VWAP calculations with drift and range metrics for Asia, Europe, and US trading windows Market structure detection including break-of-structure (BOS) confirmation, liquidity sweep identification, and RSI-based divergence alerts Composite macro confluence score combining all modules with configurable weights --- ## Technical Architecture ### Multi-Timeframe Structure Lattice The indicator calculates exponential moving averages (EMAs) across three timeframes: Strategic EMA (default: Daily timeframe, 96-period EMA) — Anchors to longer-term monetary drift and macro flows Tactical EMA (default: 4-hour timeframe, 55-period EMA) — Captures rotational pressure during positioning for economic data or policy events Execution EMA (default: 1-hour timeframe, 21-period EMA) — Tracks microstructure in real time An adaptive ATR-based channel surrounds the execution EMA to define a "value corridor" for entry consideration. Break-of-structure (BOS) logic requires price to close beyond prior swing highs/lows by a configurable ATR percentage threshold to reduce false breakouts. ### Policy Gradient & Carry Intelligence The script uses currency index proxies (defaults: FX_IDC:EURUSD and FX_IDC:USDJPY ) to approximate central bank policy pressure. These proxies are smoothed via EMA and normalized over a lookback period. The carryComposite calculation blends: Normalized policy spread between base and quote currency proxies Policy drift (difference between tactical and macro timeframe policy spreads) Carry acceleration (rate of change in policy spread) Carry opportunity signals appear when the composite exceeds a threshold and aligns with structure bias and currency strength dispersion. ### Currency Strength Matrix Eight currency baskets are tracked using configurable symbol inputs (defaults use $FX_IDC pairs). Each currency's strength is normalized to a -1 to +1 scale relative to its lookback range. The heatmap table displays which currencies are dominating, allowing quick assessment of broad market moves before they appear in individual pair price action. ### Correlation Intelligence Grid Three reference pairs (defaults: FX_IDC:EURUSD , FX_IDC:GBPUSD , FX_IDC:USDJPY ) are monitored on a higher timeframe. The script calculates correlation coefficients and assigns qualitative descriptors: "Lockstep +", "Aligned +", "Loose", "Aligned -", or "Lockstep -". A correlation consensus value feeds into the macro confluence calculation, dampening signals when reference pairs show conflicting behavior. ### Momentum, Volatility & Liquidity Stack Dual ROC momentum — Fast and slow rate-of-change calculations prevent whipsaw from single-length oscillators Volatility pulse — Compares current ATR to a slower baseline; signals require volatility above a floor threshold Volatility forecast slope — Uses linear regression to project ATR 21 bars ahead, warning of imminent expansion or contraction Liquidity pulse — Compares current volume to smoothed average; low participation is visually indicated via background tinting ### Session Awareness & Performance Console Asia, Europe, and US trading sessions are tracked with configurable UTC windows. Each session maintains: Live VWAP that resets at session open Drift score quantifying price deviation from VWAP in ATR terms Range percentage showing session expansion relative to VWAP Session bias composite feeds into macro confluence to reduce signal aggression when all sessions are mean-reverting. ### Liquidity & Market Structure Suite Liquidity sweeps — Detects stop hunts above prior highs or below prior lows within a configurable lookback RSI divergence — Identifies momentum divergences using confirmed pivot points only Supply/demand zones — Automatically generated from pivot highs/lows and projected forward for a set number of bars ### Macro Alignment Engine The macroConfluence score combines: Structure score (weighted average of strategic/tactical/execution EMAs) Carry composite Currency strength spread (base minus quote) Momentum score Liquidity modifier Session bias composite Correlation consensus Long/short alignment signals require: Macro confluence exceeding configurable threshold (default: 0.55) Volatility pulse above floor threshold Optional: Price above/below tactical EMA (execution filter toggle) --- ## Visual Elements Candle Coloring: Candles are recolored based on macro confluence: teal for bullish alignment, magenta for bearish alignment, neutral gray for distribution phases. Background Tint: Volatility intensity modulates chart background; bold colors indicate elevated ATR, washed-out tones suggest choppy conditions. Labels: Macro Align Long/Short — Primary entry signals when confluence exceeds threshold BOS↑/↓ — Break-of-structure confirmation Sweep↑/↓ — Liquidity sweep detection RSI Bull/Bear Div — Momentum divergence alerts Carry Bias± — Policy-strength alignment flags Session Overlays: Transparent background shading indicates active trading sessions (Asia, Europe, US) with configurable opacity. Session VWAPs: Each region's VWAP is plotted in a distinct color (teal for Asia, blue for Europe, purple for US). --- ## Dashboard Tables The indicator includes several configurable information tables: Intelligence Dashboard (top-right, default) — Displays strategic/tactical/execution bias, policy pressure, currency spread, volatility pulse, policy impulse, session drift, correlation, and macro state Currency Heatmap (bottom-right, default) — Shows normalized strength values for all tracked currencies Correlation Grid (bottom-left, default) — Lists reference pairs with correlation coefficients and qualitative states Session Performance Panel (bottom-center, default) — Displays drift scores and range percentages for each session Diagnostics Table (top-left, optional) — Additional session range metrics and liquidity pulse values All table positions are configurable via input settings to avoid overlap with TradingView UI elements. --- ## Configuration Parameters Multi-Timeframe Structure: All EMA timeframes and lengths are adjustable. Default strategic timeframe is Daily; tactical is 4-hour; execution is 1-hour. Policy Proxies: Base and quote currency policy proxy symbols are user-configurable. Defaults use $FX_IDC pairs for broad compatibility. Currency Strength: Each currency's tracking can be toggled on/off. Symbol inputs allow substitution of alternative data sources if default indices are unavailable. Correlation References: Three reference pair symbols, timeframe, and lookback period are all configurable. Signal Thresholds: Macro alignment trigger, volatility pulse floor, and carry opportunity threshold are adjustable to match different trading styles. Visual Controls: Label visibility, zone display, session overlays, VWAP plotting, and all dashboard tables can be toggled independently. --- ## Technical Implementation Notes Pine Script v6 compliant All request.security calls use lookahead_off to prevent historical repainting BOS, divergence, and sweep detection rely on confirmed pivot points only Session VWAP calculations reset strictly on session boundaries Zone objects are automatically capped and managed to respect TradingView resource limits All calculations include division-by-zero guards and NA handling for real-time stability --- ## Usage Considerations Timeframe Selection: The indicator is designed for forex pairs. Default timeframes (D/4H/1H) are optimized for swing and intraday trading. Scalpers may prefer shorter execution timeframes; position traders may extend strategic to weekly. Pair Compatibility: Tested on major pairs ( FX:EURUSD , FX:GBPUSD , FX:USDJPY , OANDA:USDCHF , OANDA:AUDUSD , OANDA:USDCAD , OANDA:NZDUSD ), cross-pairs, and FX-derived CFDs. Policy proxy symbols should be adjusted to match your data feed availability. Session Windows: Default UTC windows (Asia: 22:00-06:00, Europe: 06:00-13:00, US: 13:00-21:00) can be customized. Adjust for daylight saving time transitions as needed. Signal Interpretation: Macro alignment signals indicate confluence across multiple dimensions but do not guarantee profitable outcomes. Use in conjunction with risk management and market context. The indicator is a tool for analysis, not a standalone trading system. Resource Usage: With all features enabled, the script operates within TradingView's resource budgets. Disable unused modules (currency tracking, correlation grid, diagnostics) if running multiple instances on a single layout. --- ## Limitations & Compromises Policy proxies are approximations using currency indices; actual central bank policy requires external economic analysis Correlation calculations use price-based correlation, which may lag during regime shifts Session VWAPs reset at session boundaries; overlapping sessions (e.g., London/NY) may show conflicting signals Supply/demand zones are generated from pivots; false zones may appear during ranging markets Macro confluence is a composite score; individual components may conflict, requiring discretionary interpretation The indicator is optimized for trending and rotational markets. Performance may degrade during extended consolidation or during major economic event volatility when multiple central banks act simultaneously. --- ## Alert System The script includes four alert conditions: SterlCore FX Bullish Alignment — Fires when macro confluence exceeds threshold with volatility and EMA filters satisfied SterlCore FX Bearish Alignment — Mirror of bullish logic SterlCore FX Carry Long — Fires when carry composite, currency spread, and structure align for long bias SterlCore FX Carry Short — Mirror of carry long logic All alerts fire once per bar at bar close. -Made with passion by officialjackofalltrades
Pine Script® indicator
by officialjackofalltrades