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Trend Analysis

Fractal Model [Free+] (T-Trades)Fractal Model - Higher Timeframe Analysis Tool Advanced higher timeframe candle visualization with T-spot identification, sweep detection, and multi-timeframe price action analysis. Introduction: The Fractal Model is a Pine Script indicator that provides advanced higher timeframe (HTF) candle visualization and analysis. It identifies key price action patterns including T-spots, sweep signals, and imbalance zones to help traders understand market structure across multiple timeframes. Description: The Fractal Model analyzes price action by creating higher timeframe candles on your current chart, allowing you to see HTF structure without switching timeframes. It identifies specific price action patterns that often precede significant moves, including T-spot formations, sweep confirmations, and fair value gaps. The indicator uses logarithmic midpoint calculations and pivot detection algorithms to identify high-probability entry and exit points. It automatically detects appropriate higher timeframes based on your current chart timeframe and provides real-time analysis of price action patterns. Key Features: Higher Timeframe Candle Visualization: Automatically creates higher timeframe candles on your current chart, allowing you to see HTF structure without switching timeframes. Supports up to 6 different HTF levels with automatic timeframe detection. T-Spot Identification: Identifies T-spot formations using logarithmic midpoint calculations. T-spots mark areas where price is likely to form wicks based on specific price action patterns including sweep conditions and close position analysis. Sweep Detection: Detects when price sweeps previous highs or lows but closes on the opposite side, creating potential reversal zones. Includes both high sweeps and low sweeps with visual confirmation lines. Fair Value Gap (FVG) Detection: Identifies gaps between candle ranges where price didn't trade, creating potential support/resistance zones. Uses three-candle pattern analysis to detect imbalance areas. Volume Imbalance Detection: Identifies areas where price action shows volume imbalance between consecutive candles, indicating potential continuation or reversal zones. T-Spot Sweep Confirmation: Advanced confirmation system that requires pivot formation before T-spot touch, then close beyond the pivot level to confirm sweep signals. TTFM Labeling System: Dynamic labeling system that tracks setup validity with C2, C3, and C4 labels indicating different types of T-spot formations and their confirmation status. How the Code Works: 1. Higher Timeframe Detection: The indicator automatically determines appropriate HTF based on your current chart: - 1m charts: 15m HTF - 3m charts: 30m HTF - 5m charts: 1h HTF - 15m charts: 4h HTF - 30m-1h charts: 1D HTF - 4h-8h charts: 1W HTF - 1D charts: 1M HTF 2. T-Spot Calculation Algorithm: T-spots are identified using logarithmic midpoint calculations combined with pivot-based logic: - Calculates log midpoint = exp((log(high) + log(low)) / 2) for wick analysis - Identifies sweep conditions: high > prev_high AND close < prev_high (bearish) or low < prev_low AND close > prev_low (bullish) - Creates T-spot zones based on close position relative to logarithmic midpoint - **Core Logic**: All T-spot formations are based on pivot creation patterns where price sweeps previous levels but closes on the opposite side, creating potential reversal zones 3. Sweep Detection Logic: The code detects sweeps using pivot analysis: - Uses ta.pivothigh() and ta.pivotlow() with 1,2 parameters for pivot detection - Confirms sweeps when: pivot forms before T-spot touch AND close breaks beyond pivot level - Tracks pivot levels and bars for confirmation validation - **Pivot-Based Foundation**: The entire system is built on pivot creation logic - T-spots form when price creates pivots by sweeping previous levels but closing opposite, indicating potential reversal points 4. Fair Value Gap Detection: FVG identification uses three-candle pattern analysis: - Candle1.l > Candle2.h AND min(Candle1.o, Candle1.c) > max(Candle2.o, Candle2.c) for bullish FVG - Candle1.h < Candle2.l AND max(Candle1.o, Candle1.c) < min(Candle2.o, Candle2.c) for bearish FVG 5. Visual Rendering System: Uses array-based object management: - Clears and redraws all visual elements on each bar - Manages HTF candles, T-spots, sweeps, and labels using separate arrays - Implements cleanup logic to prevent memory overflow 6. Pivot-Based T-Spot Types: The indicator identifies several T-spot patterns based on pivot creation: - **Standard T-Spots**: Price sweeps previous high/low but closes opposite, creating pivot - **Expansive T-Spots**: Previous candle sweeps, current candle expands and closes beyond sweep level - **Pro-trend T-Spots**: Price sweeps logarithmic midpoint but closes beyond previous levels - **Silver T-Spots**: Special T-spots during specific market hours (4th-5th candle of day) - All patterns require pivot formation through sweep-and-close logic for validation Usage Guidance: Add the Fractal Model indicator to your TradingView chart Configure HTF settings and T-spot bias preferences Adjust visual customization options to match your trading style Monitor T-spot formations and sweep confirmations for entry signals Trading Applications: T-Spot Trading: - Look for T-spot formations on higher timeframes - Wait for price to touch T-spot levels - Enter on sweep confirmation with proper pivot validation - Use T-spot levels as support/resistance zones Sweep Trading: - Identify sweep patterns where price breaks previous highs/lows but closes opposite - Use sweep levels as potential reversal zones - Combine with T-spot analysis for higher probability setups Fair Value Gap Trading: - Trade FVG fills as price returns to imbalance areas - Use FVG levels as support/resistance zones - Combine with higher timeframe structure for context Technical Specifications: - Compatible with Pine Script v6 - Non-repainting indicator - Supports all timeframes with automatic HTF detection - Memory-efficient array management - Real-time T-spot and sweep detection - Customizable visual elements and colors Disclaimer: This indicator is for educational and informational purposes only. Past performance does not guarantee future results. Always conduct your own research and risk management before making trading decisions.
Pine Script® indicator
by mindyourbuisness
Quantile Regression Bands [BackQuant]Quantile Regression Bands Tail-aware trend channeling built from quantiles of real errors, not just standard deviations. What it does This indicator fits a simple linear trend over a rolling lookback and then measures how price has actually deviated from that trend during the window. It then places two pairs of bands at user-chosen quantiles of those deviations (inner and outer). Because bands are based on empirical quantiles rather than a symmetric standard deviation, they adapt to skewed and fat-tailed behaviour and often hug price better in trending or asymmetric markets. Why “quantile” bands instead of Bollinger-style bands? Bollinger Bands assume a (roughly) symmetric spread around the mean; quantiles don’t—upper and lower bands can sit at different distances if the error distribution is skewed. Quantiles are robust to outliers; a single shock won’t inflate the bands for many bars. You can choose tails precisely (e.g., 1%/99% or 5%/95%) to match your risk appetite. How it works (intuitive) Center line — a rolling linear regression approximates the local trend. Residuals — for each bar in the lookback, the indicator looks at the gap between actual price and where the line “expected” price to be. Quantiles — those gaps are sorted; you select which percentiles become your inner/outer offsets. Bands — the chosen quantile offsets are added to the current end of the regression line to draw parallel support/resistance rails. Smoothing — a light EMA can be applied to reduce jitter in the line and bands. What you see Center (linear regression) line (optional). Inner quantile bands (e.g., 25th/75th) with optional translucent fill. Outer quantile bands (e.g., 1st/99th) with a multi-step gradient to visualise “tail zones.” Optional bar coloring: bars trend-colored by whether price is rising above or falling below the center line. Alerts when price crosses the outer bands (upper or lower). How to read it Trend & drift — the slope of the center line is your local trend. Persistent closes on the same side of the center line indicate directional drift. Pullbacks — tags of the inner band often mark routine pullbacks within trend. Reaction back to the center line can be used for continuation entries/partials. Tails & squeezes — outer-band touches highlight statistically rare excursions for the chosen window. Frequent outer-band activity can signal regime change or volatility expansion. Asymmetry — if the upper band sits much further from the center than the lower (or vice versa), recent behaviour has been skewed. Trade management can be adjusted accordingly (e.g., wider take-profit upslope than downslope). A simple trend interpretation can be derived from the bar colouring Good use-cases Volatility-aware mean reversion — fade moves into outer bands back toward the center when trend is flat. Trend participation — buy pullbacks to the inner band above a rising center; flip logic for shorts below a falling center. Risk framing — set dynamic stops/targets at quantile rails so position sizing respects recent tail behaviour rather than fixed ticks. Inputs (quick guide) Source — price input used for the fit (default: close). Lookback Length — bars in the regression window and residual sample. Longer = smoother, slower bands; shorter = tighter, more reactive. Inner/Outer Quantiles (τ) — choose your “typical” vs “tail” levels (e.g., 0.25/0.75 inner, 0.01/0.99 outer). Show toggles — independently toggle center line, inner bands, outer bands, and their fills. Colors & transparency — customize band and fill appearance; gradient shading highlights the tail zone. Band Smoothing Length — small EMA on lines to reduce stair-step artefacts without meaningfully changing levels. Bar Coloring — optional trend tint from the center line’s momentum. Practical settings Swing trading — Length 75–150; inner τ = 0.25/0.75, outer τ = 0.05/0.95. Intraday — Length 50–100 for liquid futures/FX; consider 0.20/0.80 inner and 0.02/0.98 outer in high-vol assets. Crypto — Because of fat tails, try slightly wider outers (0.01/0.99) and keep smoothing at 2–4 to tame weekend jumps. Signal ideas Continuation — in an uptrend, look for pullback into the lower inner band with a close back above the center as a timing cue. Exhaustion probe — in ranges, first touch of an outer band followed by a rejection candle back inside the inner band often precedes mean-reversion swings. Regime shift — repeated closes beyond an outer band or a sharp re-tilt in the center line can mark a new trend phase; adjust tactics (stop-following along the opposite inner band). Alerts included “Price Crosses Upper Outer Band” — potential overextension or breakout risk. “Price Crosses Lower Outer Band” — potential capitulation or breakdown risk. Notes The fit and quantiles are computed on a fixed rolling window and do not repaint; bands update as the window moves forward. Quantiles are based on the recent distribution; if conditions change abruptly, expect band widths and skew to adapt over the next few bars. Parameter choices directly shape behaviour: longer windows favour stability, tighter inner quantiles increase touch frequency, and extreme outer quantiles highlight only the rarest moves. Final thought Quantile bands answer a simple question: “How unusual is this move given the current trend and the way price has been missing it lately?” By scoring that question with real, distribution-aware limits rather than one-size-fits-all volatility you get cleaner pullback zones in trends, more honest “extreme” tags in ranges, and a framework for risk that matches the market’s recent personality.
Pine Script® indicator
by BackQuant
Bank Strategy v1 Pro # Bank Strategy v1 Pro - Advanced Institutional Trading System ## Overview Bank Strategy v1 Pro is a sophisticated institutional-grade trading indicator designed for professional traders who understand advanced market microstructure concepts. This system implements the precise methodologies used by institutional traders to identify high-probability reversal opportunities through liquidity manipulation patterns. ## Core Methodology ### 🏦 **Institutional Trading Framework** This strategy is built upon the fundamental principle that institutional players (banks, hedge funds, market makers) create specific patterns when accumulating or distributing positions. The indicator identifies these patterns through: - **Liquidity Manipulation Sequences** - Detection of deliberate stop-loss hunting - **False Move (FU) Patterns** - Identification of engineered price movements - **Order Block Analysis** - Recognition of institutional accumulation/distribution zones - **Imbalance Trading** - Exploitation of price inefficiencies - **Market Structure Context** - Trend-based signal filtering ### 📊 **Advanced Signal Components** #### 1. **Liquidity Zone Identification** - Automated detection of swing highs/lows where retail stops accumulate - Dynamic liquidity level tracking with 30-bar extension - Real-time monitoring of liquidity sweeps and hunts #### 2. **False Move (FU) Pattern Recognition** - **Bullish FU**: High manipulation → Close below previous low (bearish trap) - **Bearish FU**: Low manipulation → Close above previous high (bullish trap) - Institutional reversal confirmation after liquidity grab #### 3. **Order Block Detection** - Bullish Engulfing: Strong institutional buying after bearish candle - Bearish Engulfing: Strong institutional selling after bullish candle - 20-bar forward projection for order block validity #### 4. **Price Imbalance Analysis** - Bullish Imbalance: Gap up indicating buying pressure - Bearish Imbalance: Gap down indicating selling pressure - 15-bar tracking with automatic labeling ## Signal Generation Logic ### 🎯 **Entry Criteria** **Buy Signal Requirements:** - Bearish FU pattern detected (liquidity grab below previous low) - Price above 200 SMA (bullish market context) - Liquidity lows available for targeting - Signal confirmation enabled **Sell Signal Requirements:** - Bullish FU pattern detected (liquidity grab above previous high) - Price below 200 SMA (bearish market context) - Liquidity highs available for targeting - Signal confirmation enabled ### 📈 **Advanced Entry Management** - **Entry Level**: 50% retracement of manipulation candle body - **Stop Loss**: 20% extension below/above manipulation range - **Take Profit**: Configurable risk-reward ratio (1:1 to 1:5) - **Timeout**: 15-bar automatic signal expiry ## Professional Features ### 🔧 **Customizable Parameters** - **Signal Control**: Independent buy/sell signal toggles - **Visual Elements**: Modular display of order blocks, imbalances, liquidity zones - **Risk Management**: Adjustable risk-reward ratios up to 1:5 - **Market Structure**: Configurable swing length (3-20 periods) - **MA Filter**: Optional 200 SMA trend context ### 📊 **Real-Time Status Monitoring** Professional status table displaying: - Current market trend direction - Liquidity availability status - Active entry waiting status - Risk-reward configuration - System health indicators ### 🚨 **Professional Alert System** - **Signal Alerts**: Instant notification of buy/sell opportunities - **Entry Alerts**: Confirmation when entry levels are reached - **Custom Messages**: Detailed alert descriptions for trade management ## Advanced Visual Analysis ### 🎨 **Color-Coded Elements** - **Green Boxes**: Bullish order blocks (institutional buying zones) - **Red Boxes**: Bearish order blocks (institutional selling zones) - **Blue/Orange Boxes**: Price imbalances requiring fill - **Purple Boxes**: FU patterns with directional labels - **Dotted Lines**: Key liquidity levels with labels - **Yellow Lines**: Pending entry levels ### 📍 **Professional Labeling** - Clear identification of all pattern types - Directional bias indicators - Entry confirmation markers - Liquidity level annotations ## Risk Management Framework ### ⚠️ **Professional Trading Guidelines** - **Timeframe Recommendation**: 4H+ for institutional signal reliability - **Position Sizing**: Risk no more than 1-2% per signal - **Confirmation**: Wait for entry level hits before position entry - **Context**: Always consider overall market structure and sentiment ### 🛡️ **Built-in Protections** - Automatic signal timeout prevents stale entries - Trend context filtering reduces counter-trend risks - Liquidity requirement ensures sufficient market depth - Risk-reward enforcement maintains positive expectancy ## Performance Optimization ### ⚡ **Technical Specifications** - **Pine Script v5**: Latest version compatibility - **Resource Limits**: Optimized for 500 bars, 200 lines, 100 boxes, 200 labels - **Processing**: Efficient array management for liquidity tracking - **Memory**: Automatic cleanup of expired signals and objects ### 🎯 **Signal Quality** - High-probability setups through multi-factor confirmation - Institutional pattern recognition reduces retail noise - Trend context filtering improves win rate - Professional entry timing reduces slippage ## Educational Framework ### 📚 **Institutional Concepts** This indicator teaches professional trading concepts: - Market microstructure understanding - Institutional order flow analysis - Liquidity-based trading strategies - Professional risk management techniques ### 🎓 **Skill Development** - Pattern recognition training - Market structure analysis - Trade timing optimization - Risk management discipline ## Disclaimer This indicator is designed for professional traders with experience in institutional trading concepts. It requires understanding of market microstructure, liquidity dynamics, and professional risk management. Past performance does not guarantee future results. Always implement proper risk management and consider multiple analysis factors before making trading decisions. ## Compatibility - **Markets**: Forex, Indices, Cryptocurrencies, Commodities - **Timeframes**: Optimized for 1H and above (4H+ recommended) - **Platform**: TradingView Pine Script v5 - **Features**: Full alert integration, customizable display options
Pine Script® indicator
by Aliasqar414
1
TEWMA Supertrend - [JTCAPITAL]TEWMA Supertrend is a modified way to use Triple Exponential Weighted Moving Average inside Supertrend logic for Trend-Following The indicator works by calculating in the following steps: 1. Calculate the Triple Exponential Moving Average with Weighted Moving Average as input. 2. Calculate the ATR over the Supertrend Length 3. Use the Triple Exponential Weighted Moving Average, and add the multiplier times the ATR for the upper limit, and subtract the multiplier times the ATR for the lower limit. 4. Define Buy and Sell conditions based on the price closing above or below the upper and lower limits. --Buy and sell conditions-- - The buy and sell conditions are defined by the price going above/below the upper and lower limits, calculated by (TEWMA +/- multi * ATR). - When this goes on the opposite direction of the current trend, the trend changes. If this goes in the same direction of the current trend, the line follows the price by moving up. - When price gets closer to the limits the limits do not change. The upper limit only moves when the upper decreases, and the lower limit only moves when the lower increases. - The ATR gets subtracted from the lows or added onto the highs to eliminate false signals in choppy markets, while enforcing fast entries and exits. --Features and Parameters-- - Allows the usage of different sources - Allows the changing of the length of the ATR - Allows the changing of the length of the TEWMA - Allows the changing of the multiplier to increase or decrease ATR usage --Details-- This script is using TEWMA as input for the modified Supertrend. Using a TEWMA and getting a higher multiplier to the ATR is meant to decrease false signals. Which can be a problem when using a normal Supertrend. Using the TEWMA also ensures fast entries and exits from fast market moves after a calm period. Ensuring you don't stay left behind. Be aware that lowering the multiplier for the ATR will allow for faster entries and exits but also allow for more false signals. It is recommended to change the parameters to fit your liking and to adjust to the timeframe you are working on. Enjoy!
Pine Script® indicator
by JTCapitalNL
1
Algorithmic Kalman Filter [CRYPTIK1]Price action is chaos. Markets are driven by high-frequency algorithms, emotional reactions, and raw speculation, creating a constant stream of noise that obscures the true underlying trend. A simple moving average is too slow, too primitive to navigate this environment effectively. It lags, it gets chopped up, and it fails when you need it most. This script implements an Algorithmic Kalman Filter (AKF), a sophisticated signal processing algorithm adapted from aerospace and robotic guidance systems. Its purpose is singular: to strip away market noise and provide a hyper-adaptive, self-correcting estimate of an asset's true trajectory. The Concept: An Adaptive Intelligence Unlike a moving average that mindlessly averages past data, the Kalman Filter operates on a two-step principle: Predict and Update. Predict: On each new bar, the filter makes a prediction of the true price based on its previous state. Update: It then measures the error between its prediction and the actual closing price. It uses this error to intelligently correct its estimate, learning from its mistakes in real-time. The result is a flawlessly smooth line that adapts to volatility. It remains stable during chop and reacts swiftly to new trends, giving you a crystal-clear view of the market's real intention. How to Wield the Filter: The Core Settings The power of the AKF lies in its two tuning parameters, which allow you to calibrate the filter's "brain" to any asset or timeframe. Process Noise (Q) - Responsiveness: This controls how much you expect the true trend to change. A higher Q value makes the filter more sensitive and responsive to recent price action. Use this for highly volatile assets or lower timeframes. A lower Q value makes the filter smoother and more stable, trusting that the underlying trend is slow-moving. Use this for higher timeframes or ranging markets. Measurement Noise (R) - Smoothness: This controls how much you trust the incoming price data. A higher R value tells the filter that the price is extremely noisy and to be more skeptical. This results in a much smoother, slower-moving line. A lower R value tells the filter to trust the price data more, resulting in a line that tracks price more closely. The interaction between Q and R is what gives the filter its power. The default settings provide a solid baseline, but a true operator will fine-tune these to perfectly match the rhythm of their chosen market. Tactical Application The AKF is not just a line; it's a complete framework for viewing the market. Trend Identification: The primary signal. The filter's color code provides an unambiguous definition of the trend. Teal for an uptrend, Pink for a downtrend. No more guesswork. Dynamic Support & Resistance: The filter itself acts as a dynamic level. Watch for price to pull back and find support on a rising (Teal) filter in an uptrend, or to be rejected by a falling (Pink) filter in a downtrend. A Higher-Order Filter: Use the AKF's trend state to filter signals from your primary strategy. For example, only take long signals when the AKF is Teal. This single rule can dramatically reduce noise and eliminate low-probability trades. This is a professional-grade tool for traders who are serious about gaining a statistical edge. Ditch the lagging averages. Extract the signal from the noise.
Pine Script® indicator
by CRYPTIK1
TPO Levels [VAH/POC/VAL]Poor H/L, Single Prints& Naked POCs 🎯 Key Features 📊 Multi-Timeframe Market Profile Daily, Weekly, and Monthly session analysis Automatic session detection and profile calculation Historical session preservation up to 20 sessions 📈 Value Area Analysis Value Area High (VAH) - Upper boundary of 70% activity Point of Control (POC) - Most traded price level Value Area Low (VAL) - Lower boundary of 70% activity Visual Value Area box with customizable transparency 🎯 Naked Points of Control (nPOC) Daily nPOC tracking with orange lines Weekly nPOC (WnPOC) visible on all timeframes Monthly nPOC (MnPOC) visible on all timeframes Smart POC combining for nearby levels (reduces clutter) Auto-removal when price touches naked POC 🟪 Single Print Detection Daily single prints - Purple boxes Weekly single prints - Blue boxes (persist on daily charts) Monthly single prints - Teal boxes (persist on daily charts) Automatic removal upon price touch Extend right for active monitoring ⚠️ Poor Structure Identification Poor Highs - Weak resistance (2+ TPOs at high) Poor Lows - Weak support (2+ TPOs at low) Pink dashed lines for easy identification Historical poor structure tracking Auto-removal when price breaks structure 🔥 Market Generated Information Buying/Selling tail detection (disabled by default) Previous session VAH/POC/VAL levels Clean professional appearance Minimal chart clutter design *Default settings were set for BINANCE:BTCUSDT.P My kind regards to those who sell this indicator for a monthly subscription 😊
Pine Script® indicator
by benb1122
1
Supertrend Channel Histogram OscillatorThis histogram is based on the script "Supertrend Channels " The idea of the indicator is to visually represent the interaction of price with several different supertrend channels of various lengths in an oscillator in order to make it much more clear to the trader how the longer trends are interacting with shorter trends of the price movement of an asset. I got this idea from the "Kurutoga Cloud" and "Kurutoga Histogram" by D7R which is based on the centerlines of 3 Donchian Channels, however after I started using the Supertrend Channel by LuxAlgo I found that it was a more reliable price range channel than a standard Donchian Channel and I made this indicator to accompany it. This indicator plots a positive value above 0 when the price is above the centerline of the supertrend channel and a negative value below 0 when the price is below the centerline. The first supertrend's length and multiple can be adjusted in the settings. The given supertrend input is then doubled and quadrupled in both length and multiplication so that a supertrend histogram with the values of 3, 3 will be accompanied by 2 additional supertrend histograms with the values of 6, 6 and 12, 12. The larger price trend histograms are clearly visible behind the short term supertrend channel's histogram, giving traders a balanced view of short and long term trends interacting. The less visible columns of the larger trend remain above or below the 0 line behind the more visible short term channel trend, helping to spot pullbacks within a larger trend. Additionally, when the 3 separate histograms are all positive or all negative but the histogram columns are separating from each other this can indicate a potential trend exhaustion leading to reversal or pullback about to happen. The overbought and oversold lines at 50 and -50 are representative primarily of the short term trend with above 50 or below -50 indicating that the price is pushing the boundary and potentially beginning a new short term supertrend in the opposite direction. If values do not noticably exceed these levels, then the current short term trend movement can be viewed as a pullback within a larger trend, with continuation potentially to follow. I have had troubles converting the original code to v6 so this will be published here in v5 of pinescript to be used in conjunction with the original. I was intending to create a companion indicator for this oscillator that represents 3 supertrends with corresponding 2x and 4x calculations based on LuxAlgo's script, but I can't seem to get it to work correctly in v5. For best visualization of the trends 3 LuxAlgo Supertrend channels with 2x and 4x values should be used in conjunction with each other to fully visualize the histogram. Used in conjunction with other indicators this can be a very effective strategy to capture larger trend moves and pullbacks within trends, as well as warn of potential price trend exhaustion.
Pine Script® indicator
by nathanieljens
Weekly/Monthly Golden ATR LevelsWeekly/Monthly Golden ATR Levels This indicator is designed to give traders a clear, rule-based framework for identifying support and resistance zones anchored to prior period ranges and the market’s own volatility. It uses the Average True Range (ATR) as a measure of how far price can realistically stretch, then projects fixed levels from the midpoint of the prior week and prior month. Rather than “moving targets” that repaint, these levels are frozen at the start of each new week and month and stay fixed until the next period begins. This makes them reliable rails for both intraday and swing trading. What It Plots Weekly Midpoint (last week’s High + Low ÷ 2) From this mid, the script projects: Weekly +1 / −1 ATR Weekly +2 / −2 ATR Monthly Midpoint (last month’s High + Low ÷ 2) From this mid, the script projects: Monthly +1 / −1 ATR Monthly +2 / −2 ATR Customization Set ATR length & timeframe (default: 14 ATR on Daily bars). Adjust multipliers for Level 1 (±1 ATR) and Level 2 (±2 ATR). Choose line color, style, and width separately for weekly and monthly bands. Toggle labels on/off. How to Use Context at the Open If price opens above last week’s midpoint, bias favors upside toward +1 / +2. If price opens below the midpoint, bias favors downside toward −1 / −2. Weekly Bands = Short-Term Rails +1 / −1 ATR: Rotation pivots. Expect intraday reaction. +2 / −2 ATR: Extreme stretch zones. Reversals or breakouts often occur here. Monthly Bands = Big Picture Rails Use these for swing positioning, or as “outer guardrails” on intraday charts. When weekly and monthly bands cluster → high-confluence zone. Trade Playbook Trend Day: Hold above +1 → target +2. Break below −1 → target −2. Range Day: Fade first test of ±2, scalp toward ±1 or midpoint. Catalyst/News Day: Use with caution—levels provide context, not barriers. Risk Management Place stops just outside the band you’re trading against. Scale profits at the next inner level (e.g., short from +2, cover partial at +1). Runners can trail to the midpoint or opposite side. Why It Works ATR measures volatility—how far price tends to travel in a given period. Anchoring to prior highs and lows captures where real supply/demand last clashed. Combining the two gives levels that are statistically relevant, widely observed, and psychologically sticky. Trading books from Mark Douglas (Trading in the Zone), Jared Tendler (The Mental Game of Trading), and Oliver Kell (Victory in Stock Trading) all stress the importance of having objective, repeatable reference points. These levels deliver that discipline—removing guesswork and reducing emotional trading
Pine Script® indicator
by Blk0ut
Auto Slope Extremes ChannelAuto Slope Extremes Channel Expanding channel that locks onto the highest high and lowest low of the slope between A and B. This indicator builds a dynamic channel between two anchors, A and B. Unlike fixed-width channels, it adapts to the slope of the leg between A and B and expands until: • The upper channel line touches the highest candle in that slope. • The lower channel line touches the lowest candle in that slope. This method ensures that the channel edges are defined only by the single most extreme high and the single most extreme low within the selected leg. No other candles in the range touch the edges. A centerline is drawn midway between the two extremes, and small triangle markers highlight the exact candles that determine the upper and lower boundaries. Features • Anchored channel defined by two user-selected points (A and B). • Expands to fit the highest high and lowest low of the slope between A and B. • Optional centerline and channel fill. • Extend lines left, right, or both. • Customizable line widths and colours.
Pine Script® indicator
by geneclash
TCI Key Institutional Levels v2.0This script is a modified version of the Smart Money Concepts (SMC) framework originally published by LuxAlgo here: Smart Money Concepts – LuxAlgo . All credit and ownership of the original code goes to LuxAlgo. Original indicator Credits: The purpose of this publication is not to copy-paste the LuxAlgo indicator, but to present a modified version adapted in line with the concepts taught by Trading Cafe India (TCI). These modifications include adjustments and refinements to better reflect the methodology followed by TCI, while still acknowledging the foundation laid by LuxAlgo. ⚠️ Important Notes: This script is not an official LuxAlgo product. This script is not an official TCI product. This pretty much aligns with the TCI theory. It is an independent, educational adaptation created for users who wish to see SMC concepts in the context of TCI-style modifications. The modifications are original contributions and the script has been republished with the intention of providing additional learning value to the TradingView community. By publishing this indicator, I fully respect and acknowledge the original author (LuxAlgo), while making clear that the changes applied are my own interpretation of SMC principles influenced by TCI’s teachings. 🔧 Key Functionalities & Modifications Market Structure Labels The standard Break of Structure (BOS) is now presented as Breaker, aligning with TCI’s interpretation. The standard Change of Character (CHoCH) is now presented as Trap, reflecting how false moves and liquidity traps are often observed in Indian indices like Nifty & Bank Nifty. Order Block & Liquidity Concepts Retains core order block, supply-demand, and liquidity zone logic from the SMC framework. Visuals and labels have been adjusted for easier interpretation by intraday traders in Indian markets. Custom Adaptation for Indian Audience Naming conventions and alerts have been optimized so beginners and experienced traders in India can relate to the terminology taught by TCI. Chart annotations have been simplified to reduce clutter, making it more practical for real-time option trading and scalping strategies.
Pine Script® indicator
by The_Stock_Yogi
Slingshot Trend 🎯⏰How to Use the Slingshot Trend Indicator 🎯⏰ (65-Minute Timeframe) The **Slingshot Trend Indicator** helps spot bullish trend entries using price action and EMAs, optimized for your favorite 65-minute timeframe. Here’s a simple guide: ⚙️ Setup - Add the indicator to your chart. - Set the 89 EMA timeframe to 65 minutes (or keep the default 195 minutes for higher-timeframe confirmation). 🔑 Key Features - **Slingshot EMA**: Short-term EMA (default length: 4) to detect breakouts. - **EMA Stack**: Confirms bullish trend when 21 EMA > 34 EMA > 55 EMA > 89 EMA. - **Price Above 89 EMA**: Ensures price is above the 65-minute 89 EMA. - **ATR Targets**: Uses 14-period ATR for dynamic price targets. - **Visuals**: - Blue EMA line (optional). - Teal bars for bullish conditions (optional). - Orange labels for entry signals (optional). - Yellow entry line and green dashed target line (optional). - Price labels for entry/target (optional). - ATR dashboard showing average ATR multiple, win %, and time-to-target (optional). 📘 How to Trade - **Entry**: Go long when an orange label appears (price closes above Slingshot EMA after three closes below, with bullish EMAs on the 65-minute chart). - **Target**: Aim for the green dashed line (entry price + ATR-based target). - **Exit**: Close when bullish conditions end (EMAs not stacked or price below 65-minute 89 EMA). - **Stop Loss**: Not included; consider 2× ATR below entry or a support level. - **Alerts**: Enable “First Trending SlingShot” for entry notifications. ✨ Customize Adjust in settings: - 89 EMA timeframe (e.g., set to 65 minutes). - Bar color (default: teal). - Toggle EMA line, bar coloring, entry labels, lines, price labels, and dashboard. - Slingshot EMA length (default: 4). 💡 Tips - Backtest on the 65-minute timeframe for your asset. - Combine with support/resistance or other indicators. - Use proper risk management.
Pine Script® indicator
by adonilopez
ICT 00:00, 08:30, 09:30 & 13:30 Opens (NY) — Prior-Day HistoryICT 00:00, 08:30, 09:30 & 13:30 Opens (NY) This is a derivative of ALPHAICTRADER’s open-source script, republished under the MPL-2.0 with clear attribution and documented changes. It plots four New-York–anchored intraday reference levels—0000, 0830, 0930, 1330—as short, right-padded stubs with clean side labels. Use these time anchors (ICT-style midnight + key US windows) to frame bias, volatility pockets, and intraday trade locations. What’s original in this version (changes) Right-padded stubs instead of chart-wide rays — each level ends N bars past the latest candle (configurable). Side labels at the line tip — text-only labels (0000, 0830, 0930, 1330) that sit at the right end of each stub and update every bar. Optional prior-day history — show Today only or Today + Prior Day; older lines/labels auto-pruned. Per-anchor controls — Display, Style, Color, Width, and Show Label for each time. What it plots (and why) 0000 (NY Midnight): daily session anchor for bias/liquidity context. 0830 (NY): macro data window (CPI/NFP/claims) where volatility often concentrates. 0930 (NY): US cash equity market open; opening-drive structure/acceptance tests. 1330 (NY): early-afternoon anchor for continuation vs. fade. How it works (under the hood) Session detection: time("1", session, "America/New_York"); first bar flagged via not na(ts) and na(ts ). Anchor price: open of that first bar per session/day. Rendering: lines drawn with xloc=bar_index from start bar to bar_index + Right Pad; x2 updates every bar (no extend.right). Labels: placed at line.get_x2(line) + Label Pad, soft color variant; updated per bar to stay on the tip. History: arrays keep either today only or today + yesterday and delete anything older immediately. How to use Add to any intraday chart (futures/FX/indices). Anchors are always NY-time; TradingView handles DST. Inputs 00:00 / 08:30 / 09:30 / 13:30 (NY): Display, Line Style, Color, Width, Show Label Right Edge: Right Pad (bars) · Label Pad (bars) History: Show Prior Day (History) — off = today only; on = today + yesterday Suggested pads: Right Pad 2–5 bars; Label Pad 0–2. These are context anchors, not signals. Combine with your execution model (market structure, liquidity, FVG/OBs, etc.). Attribution & License (MPL-2.0) Original work: “ICT NEW YORK MIDNIGHT OPEN AND 8.30 AM OPEN” by ALPHAICTRADER (MPL-2.0). This derivative: modifications listed above; source published and kept under MPL-2.0 per license terms. If you distribute a modified version of this Pine file, you must keep MPL-2.0, retain the copyright/licensing header, publish your modified source, and document your changes. Notes: Pine v5. Minimalist (no day dividers). Educational tool; not financial advice. Copyright: © ALPHAICTRADER 2022 · © Funk 2025 License: MPL-2.0
Pine Script® indicator
by FunkValue
ORB with 50% lineThis script plots the high and low of any custom session and extends these levels until the daily close. By default, it will not display on timeframes higher than the length of the defined opening session. From the settings, you can adjust both the opening range period and the maximum timeframe on which the levels are displayed. In addition, the script also plots a median line between the ORB High and ORB Low, providing an extra reference level for traders.
Pine Script® indicator
by sebastien_menard
Today's 5min HH/LL LinesOverview This indicator identifies the highest high (HH) and lowest low (LL) formed by the first 5 one-minute candles of the current trading day. Once calculated, it plots continuous horizontal lines at those price levels for the remainder of the day. How it works The script internally requests 1-minute data for the current symbol, regardless of your chart’s timeframe. At the start of each new trading day, it resets counters. It captures the highest high and lowest low across the first five completed 1-minute candles. After the 5th one-minute bar closes, it draws: A green horizontal line at the highest high. A red horizontal line at the lowest low. These lines extend to the right, covering the entire trading session, and automatically scale with zoom/pan. At the next session, the old lines are deleted and recalculated for the new day. Use cases Helps spot early intraday support and resistance zones. Useful for breakout or reversal strategies that monitor when price breaches the first 5-minute range (derived from 5x1m bars). Can be combined with volume, momentum, or candlestick signals for high-probability entries. Key features Works on any timeframe — always uses 1-minute data for precision. Shows lines only for the current day (no clutter from prior sessions). Lines are dynamic and adaptive — they remain fixed at the calculated price but extend continuously across the chart.
Pine Script® indicator
by TheSkeletor
MCDX Plus - Leading Banker with Ichimoku (Swing Opt)Understanding the Indicator Components: Green Bars (Retailer): Inverse on top (stacked from 20 downward), represent retail momentum. High values (>15) with a lime background signal retail dominance—often a sell or avoid zone. Yellow Bars (Hot Money): Middle layer, indicate speculative momentum. Useful as a secondary confirmation. Red/Fuchsia Bars (Banker): Bottom layer, show institutional (banker/hedge fund) momentum. Red when RSI_Banker ≥ BankerMA, fuchsia otherwise. Crossings above 5, 10, 15 are key buy signals. Blue Line (Banker MA): Hull Moving Average (HMA) of Banker RSI, tracks institutional trend with minimal lag. Orange Line (Hot Money MA): HMA of Hot Money RSI. Green Line (Retailer MA): HMA of Retailer RSI. Reference Lines: 0 (base), 5 (25% Banker Entry), 10 (50% Banker Building), 15 (75% Banker Control), buildThreshold (2.0 for early signals). Backgrounds: Red (RSI_Banker > 15, strong buy), Lime (RSI_Retailer > 15, sell/avoid), Blue (earlyBuildSignal, potential entry). Precision Features: HMAs reduce lag for faster cross signals. Shortened MA periods (default 8) align with quick price moves. PriceEMA (50-period) filters entries/exits with trend confirmation. Pro-Level Usage Strategy 1. Master Entry Timing Signal: Look for a Golden Cross (Banker MA crosses above Retailer MA or Hot Money MA) + red bars >5 + price > priceEMA (50-period EMA of close) + blue background (earlyBuildSignal). Why It Works: The HMA’s low lag catches early institutional buying (red bars rising), while price > priceEMA confirms an uptrend. The blue background (RSI_Banker > 2, positive ROC, volume > volMA) flags pre-breakout accumulation. Pro Action: Enter a small position on the Golden Cross with blue background. Add to the position as red bars hit 10, confirmed by volume spikes (volume > volMA). Set a stop-loss 2-3% below the recent low or the 20-period price EMA. Target a take-profit at 10-15% or when red bars approach 15. 2. Nail Exit Timing Signal: Look for a Dead Cross (Banker MA crosses below Retailer MA or Hot Money MA) + green bars >15 + price < priceEMA + lime background. Why It Works: The HMA’s precision flags waning institutional interest (red bars falling), while green bars >15 and a lime background indicate retail overextension—a classic reversal point. Price < priceEMA confirms a downtrend. Pro Action: Exit partial profits on the Dead Cross if red bars drop below 10. Full exit when green bars >15 and lime background appear, with a stop-loss moved to break-even. Target a re-entry on the next Golden Cross if red bars recover. 3. Use Cross Signals as Triggers Golden Cross (Buy): Banker MA > Retailer MA or Hot Money MA. Confirm with red bars >5 and price > priceEMA. Dead Cross (Sell/Avoid): Banker MA < Retailer MA or Hot Money MA. Confirm with green bars >15 and price < priceEMA. Pro Action: Set TradingView alerts for these conditions (e.g., "GC: Banker > Retailer MA and Price > EMA50" for buy). Use multiple timeframes (e.g., 1H for entry, 4H for exit) to filter noise. Combine with candlestick patterns (e.g., bullish engulfing for entry) for confirmation. 4. Leverage Backgrounds for Momentum Red Background (RSI_Banker > 15): Strong institutional control—hold or add to longs. Lime Background (RSI_Retailer > 15): Retail dominance—exit or short (if your broker allows). Blue Background (earlyBuildSignal): Early banker accumulation—prepare for entry, watch for Golden Cross. Pro Action: Scale into trades during red zones, scale out in lime zones. Use blue zones to anticipate breakouts, entering only after cross confirmation. 5. Optimize with Volume and Price Volume Confirmation: Enter only when volume > volMA (10-period SMA) during Golden Cross or red bar rises. Price Action: Align entries with support/resistance breaks, exits with trendline breaks. Pro Action: Add a volume oscillator (e.g., OBV) to your chart to confirm spikes. Use Fibonacci retracement (e.g., 50% level) with MCDX signals for precise targets. 6. Pro Risk Management Position Sizing: Risk 1-2% of capital per trade, adjusting based on red bar height (e.g., larger size at 15). Stop-Loss: Dynamic—below recent low for entries, above recent high for exits, or trailing 2% below price EMA. Take-Profit: Scale out at 5-10-15 red bar levels or key price targets (e.g., 20% gain). Risk-Reward: Aim for 1:3 or better, validated by backtesting. Ichimoku Cloud What It Does: Combines five lines—Tenkan-sen (conversion line), Kijun-sen (base line), Senkou Span A/B (cloud edges), and Chikou Span (lagging span)—to provide trend direction, support/resistance, and momentum. The cloud (area between Span A and B) acts as a dynamic zone to filter trades. Benefits for MCDX Plus: Trend Confirmation: Entry is stronger when a Golden Cross (Banker MA > Retailer MA) occurs above the cloud (bullish), or exit on Dead Cross below the cloud (bearish). This aligns with priceEMA (50-period) filtering. Support/Resistance: The cloud’s edges (e.g., Senkou Span B) can act as profit targets or stop-loss levels, enhancing precision on CleanSpark’s sharp moves. Leading Edge: The Tenkan-sen (default 9-period) and Kijun-sen (default 26-period) cross can signal momentum shifts before MCDX crosses, complementing the blue earlyBuildSignal. Visual Clarity: Adds a contextual layer to your chart, making it easier to see if red bars >5 align with a bullish cloud breakout. Drawbacks: Complexity: Requires learning (e.g., cloud thickness indicates strength), which might clutter your workflow if you’re focused solely on red bars. Lag in Volatile Markets: The cloud’s 26-period base can lag in fast reversals Best For: Swing traders or those wanting a holistic trend filter. Backtests on similar scripts (e.g., Smart Money Flow Pro + Ichimoku) show 70-80% accuracy when cloud aligns with MCDX signals.
Pine Script® indicator
by chuckb504
LBM-Strategy Engine Pro: The Ultimate Confluence IndicatorOverview Welcome to the Strategy Engine Pro , the ultimate confluence indicator designed for traders who demand precision and full control over their trading signals. This is not just an indicator; it is a complete, customizable strategy-building framework. It seamlessly integrates three powerful concepts into a single, intuitive tool: Advanced Moving Average Trend Analysis to define the market context. An intelligent Support & Resistance Cycle Engine to identify key price levels. A flexible 10-rule Strategy Builder that lets you design, test, and refine your own entry signals with surgical precision. Core Features 1. Advanced Moving Average Trend Analysis The indicator plots 5 fully configurable Moving Averages (MAs). You can choose the Period and Type (SMA, EMA, WMA, HMA, RMA) for each one. But its true power lies in its unique color-coding system, which analyzes the slope and momentum of each MA, not just its price. MA Color Code: Green: The MA is in a strong, confirmed uptrend. Red: The MA is in a strong, confirmed downtrend. Yellow: The MA is flat or in a transitional (sideways) phase. This provides an instant visual snapshot of the market trend across five different timeframes. 2. Support & Resistance Cycle Engine Forget simple pivot points. This indicator incorporates a sophisticated engine that identifies and plots significant "Master Cycle" levels on your chart. Anchored Levels: These S/R lines are persistent and intelligent. When a key resistance level is broken, it automatically "flips" and becomes the new anchored support level, and vice-versa. This accurately maps out the market's structural progression. The Strategy Builder: Your Personal Trading Lab This is the heart of the indicator. You have 10 sequential rules that allow you to define the exact conditions for a Buy signal. The Sell signal is generated as the logical, symmetrical opposite. For each rule, you can configure: Source A & Source B: Choose from a wide range of data points: Price values: Close, Open, High, Low. Previous candle values: Close Before, Open Before, etc. Moving Average values: MA 1 through MA 5. MA Trend Colors: MA 1 Color, MA 2 Color Before, etc. Operator: Define the comparison logic: Standard: >, <, >=, <= Events: Crossover, Crossunder Color Logic: Is Color, Is NOT Color, Turned Color, Ceased to be Color Important Note on Sell Signals: Sell conditions are designed to be the symmetrical opposite of the buy conditions you create. If Buy is Close > MA 1, Sell will be Close < MA 1. If Buy is MA 1 Color Is Green, Sell will be MA 1 Color Is Red. If Buy is MA 1 Color Turned Green, Sell will be MA 1 Color Turned Red. This ensures your sell strategy mirrors the logic of your buy strategy, preventing the "inverse problem" of getting sell signals on every candle that isn't a buy signal. Mastering the Connectors: ( ) AND and ( ) OR The true power of the Strategy Builder lies in its connectors, which allow you to create complex, multi-layered logic. The connector on a rule defines how it connects to the next active rule. AND & OR: These work as you'd expect, creating a continuous chain of conditions. Rule 1 (AND) & Rule 2 is evaluated as (R1 AND R2). ( ) OR (The Group Separator): This is your most powerful tool. It acts like closing a parenthesis in an equation. It finalizes the current group of rules and connects it to the next group with a big "OR". Example: (R1 AND R2) OR (R3 AND R4) This creates two possible paths for a signal. - Rule 1: Condition R1, Connector AND - Rule 2: Condition R2, Connector ( ) OR <-- This closes the first group and links to the next with OR. - Rule 3: Condition R3, Connector AND - Rule 4: Condition R4 ( ) AND (The Super-Filter): This allows you to create a "master" condition that must be true in addition to other complex conditions. Example: (R1 OR R2) AND (R3 OR R4) This requires a condition from the first group and a condition from the second group to be true. - Rule 1: Condition R1, Connector OR - Rule 2: Condition R2, Connector ( ) AND <-- This closes the first OR group and links to the next with AND. - Rule 3: Condition R3, Connector OR - Rule 4: Condition R4 By strategically combining these connectors, you can build any logical trading scenario you can imagine. We look forward to seeing the powerful strategies the community creates with this engine.
Pine Script® indicator
by lmachado82
Liquidation/Doji CandlesLiquidation/Doji Candles This indicator highlights candles with a body length smaller than 30% of the candle’s total range. These candles are displayed in orange, representing potential liquidation points or doji candles. The idea behind this tool is to help traders spot moments of market indecision, where buying and selling pressure are in balance. Such conditions often hint at institutional liquidation events or possible retail-driven reversals. You can fully customize the detection sensitivity by adjusting the percentage input. This allows you to tighten or loosen the condition depending on your trading style and market preference. To support passive traders, the script also includes built-in alerts for: • The formation of a new liquidation/doji candle. • A close above its high (bullish engulfment). • A close below its low (bearish engulfment). These alerts make it easier to stay on top of potential market shifts without needing to constantly monitor the charts.
Pine Script® indicator
by The_Forex_Steward
Volatility Cone Forecaster Lite [PhenLabs]📊 Volatility Cone Forecaster Version: PineScript™v6 📌Description The Volatility Cone Forecaster (VCF) is an advanced indicator designed to provide traders with a forward-looking perspective on market volatility. Instead of merely measuring past price fluctuations, the VCF analyzes historical volatility data to project a statistical “cone” that outlines a probable range for future price movements. Its core purpose is to contextualize the current market environment, helping traders to anticipate potential shifts from low to high volatility periods (and vice versa). By identifying whether volatility is expanding or contracting relative to historical norms, it solves the critical problem of preparing for significant market moves before they happen, offering a clear statistical edge in strategy development. This indicator moves beyond lagging measures by employing percentile analysis to rank the current volatility state. This allows traders to understand not just what volatility is, but how significant it is compared to the recent past. The VCF is built for discretionary traders, system developers, and options strategists who need a sophisticated understanding of market dynamics to manage risk and identify high-probability opportunities. 🚀Points of Innovation Forward-Looking Volatility Projection: Unlike standard indicators that only show historical data, the VCF projects a statistical cone of future volatility. Percentile-Based Regime Analysis: Ranks current volatility against historical data (e.g., 90th, 75th percentiles) to provide objective context. Automated Regime Detection: Automatically identifies and labels the market as being in a ‘High’, ‘Low’, or ‘Normal’ volatility regime. Expansion & Contraction Signals: Clearly indicates whether volatility is currently increasing or decreasing, signaling shifts in market energy. Integrated ATR Comparison: Plots an ATR-equivalent volatility measure to offer a familiar point of reference against the statistical model. Dynamic Visual Modeling: The cone visualization directly on the price chart provides an intuitive guide for future expected price ranges. 🔧Core Components Realized Volatility Engine: Calculates historical volatility using log returns over multiple user-defined lookback periods (short, medium, long) for a comprehensive view. Percentile Analysis Module: A custom function calculates the 10th, 25th, 50th, 75th, and 90th percentiles of volatility over a long-term lookback (e.g., 252 days). Forward Projection Calculator: Uses the calculated volatility percentiles to mathematically derive and draw the upper and lower bounds of the future volatility cone. Volatility Regime Classifier: A logic-based system that compares current volatility to the historical percentile bands to classify the market state. 🔥Key Features Customizable Lookback Periods: Adjust short, medium, and long-term lookbacks to fine-tune the indicator’s sensitivity to different market cycles. Configurable Forward Projection: Set the number of days for the forward cone projection to align with your specific trading horizon. Interactive Display Options: Toggle visibility for percentile labels, ATR levels, and regime coloring to customize the chart display. Data-Rich Information Table: A clean, on-screen table displays all key metrics, including current volatility, percentile rank, regime, and trend. Built-in Alert Conditions: Set alerts for critical events like volatility crossing the 90th percentile, dropping below the 10th, or switching between expansion and contraction. 🎨Visualization Volatility Cone: Shaded bands projected onto the future price axis, representing the probable price range at different statistical confidence levels (e.g., 75th-90th percentile). Color-Coded Volatility Line: The primary volatility plot dynamically changes color (e.g., red for high, green for low) to reflect the current volatility regime, providing instant context. Historical Percentile Bands: Horizontal lines plotted across the indicator pane mark the key percentile levels, showing how current volatility compares to the past. On-Chart Labels: Clear labels automatically display the current volatility reading, its percentile rank, the detected regime, and trend (Expanding/Contracting). 📖Usage Guidelines Setting Categories Short-term Lookback: Default: 10, Range: 5-50. Controls the most sensitive volatility calculation. Medium-term Lookback: Default: 21, Range: 10-100. The primary input for the current volatility reading. Long-term Lookback: Default: 63, Range: 30-252. Provides a baseline for long-term market character. Percentile Lookback Period: Default: 252, Range: 100-1000. Defines the period for historical ranking; 252 represents one trading year. Forward Projection Days: Default: 21, Range: 5-63. Determines how many bars into the future the cone is projected. ✅Best Use Cases Breakout Trading: Identify periods of deep consolidation when volatility falls to low percentile ranks (e.g., below 25th) and begins to expand, signaling a potential breakout. Mean Reversion Strategies: Target trades when volatility reaches extreme high percentile ranks (e.g., above 90th), as these periods are often unsustainable and lead to contraction. Options Strategy: Use the cone’s projected upper and lower bounds to help select strike prices for strategies like iron condors or straddles. Risk Management: Widen stop-losses and reduce position sizes when the indicator signals a transition into a ‘High’ volatility regime. ⚠️Limitations Probabilistic, Not Predictive: The cone represents a statistical probability, not a guarantee of future price action. Extreme, unpredictable news events can drive prices outside the cone. Lagging by Nature: All calculations are based on historical price data, meaning the indicator will always react to, not pre-empt, market changes. Non-Directional: The indicator forecasts the *magnitude* of future moves, not the *direction*. It should be paired with a directional analysis tool. 💡What Makes This Unique Forward Projection: Its primary distinction is projecting a data-driven, statistical forecast of future volatility, which standard oscillators do not do. Contextual Analysis: It doesn’t just provide a number; it tells you what that number means through percentile ranking and automated regime classification. 🔬How It Works 1. Data Calculation: The indicator first calculates the logarithmic returns of the asset’s price. It then computes the annualized standard deviation of these returns over short, medium, and long-term lookback periods to generate realized volatility readings. 2. Percentile Ranking: Using a 252-day lookback, it analyzes the history of the medium-term volatility and determines the values that correspond to the 10th, 25th, 50th, 75th, and 90th percentiles. This builds a statistical map of the asset’s volatility behavior. 3. Cone Projection: Finally, it takes these historical percentile values and projects them forward in time, calculating the potential upper and lower price bounds based on what would happen if volatility were to run at those levels over the next 21 days. 💡Note: The Volatility Cone Forecaster is most effective on daily and weekly charts where statistical volatility models are more reliable. For lower timeframes, consider shortening the lookback periods. Always use this indicator as part of a comprehensive trading plan that includes other forms of analysis.
Pine Script® indicator
by PhenLabs
Meta-LR Forecast v2Meta-LR Forecast is a tool that helps visualize whether the market is acting more like a trend (moving strongly in one direction) or more like a range (sideways/mean-reverting). It is designed to give context, not to generate buy or sell signals. The script looks at multiple timeframes at once (for example minutes, hours, days, or weeks depending on your chart) and projects where price could go if each timeframe’s “bias” plays out. These projected points are then drawn ahead of current price. Each timeframe’s bias is based on how straight and consistent the recent move has been (Directional Efficiency), combined with how well a line fits that move (R²). Together these form a “Bias %.” Higher positive values suggest upward pressure, higher negative values suggest downward pressure, and values near zero suggest indecision or chop. A logistic blend adjusts between trend-following and range/anti-trend behavior. When the market shows strong direction, the forecast leans more toward trend; when it’s choppy or moving sideways, the forecast leans more toward range. In some conditions, a counter-trend (anti-trend) adjustment is allowed, but only when volatility and efficiency fall within certain thresholds. ATR (Average True Range) is used to normalize everything, so the indicator adapts to different symbols and volatility levels. This way, the projection size is expressed in “Bias × ATR” units added to current price, making the forecasts scale appropriately across assets. The projected points are spaced in time according to the real length of their timeframe. For example, a 1-day projection will be drawn farther away on the chart than a 15-minute projection. This makes the forward path visually match the true horizon of each timeframe. The top-right table shows “Meta Bias %,” which is the overall bias calculated from all selected timeframe projections chained together. Positive Meta Bias means the combined path leans upward, negative means downward, and values close to zero mean mixed conditions. How to use it: treat the Meta Bias % and polyline as context. If the forecast path is stacked upward with a strong positive Meta Bias, it suggests supportive conditions. If it stacks downward with a strong negative Meta Bias, it suggests pressure. If it alternates up and down and the bias hovers near zero, conditions may be indecisive. Always confirm with your own analysis before acting. Important limitations: this tool is educational and for visualization only. It does not give entry or exit signals, and it does not guarantee profitable outcomes. Higher-timeframe values can change until that bar closes, so the display may adjust in real time. Market shocks, news events, and low liquidity conditions are not modeled. Good practice: combine this indicator with your own trading plan, structure analysis, and risk management. Backtest responsibly in a simulator before using it live. Adjust inputs to fit your symbol and timeframe. Compliance note: this script does not claim to be a “holy grail” or promise guaranteed results. It is not financial advice. It is meant to help traders better visualize context and market behavior. Use it as one part of a broader decision-making process.
Pine Script® indicator
by Tradenometry
VWAP CloudThe VWAP Cloud is a dynamic intraday/rolling VWAP indicator with customizable standard deviation bands. It helps traders identify value zones, overbought/oversold areas, and trend bias based on whether price is trading above or below the VWAP. VWAP (Volume-Weighted Average Price) acts as a fair-value benchmark. Inner Cloud (±1 stdev by default) highlights short-term deviations from VWAP. Outer Cloud (±2 stdev by default) shows extreme zones where reversals or continuation moves are more likely. Cloud colors adjust dynamically: 🟩 Green = VWAP is rising (bullish bias) 🟥 Red = VWAP is falling (bearish bias) 🩶 Gray Outer Cloud = volatility envelope This makes the VWAP Cloud useful for scalpers, day traders, and swing traders alike. ⚙️ Inputs & Settings VWAP Source → Price input for VWAP calculation (default: hlc3). Reset each session → ON = Session VWAP (resets daily), OFF = Rolling VWAP. Stdev Lookback → Window length for standard deviation calculation. Inner Band Multiplier → Width of the first (inner) band. Outer Band Multiplier → Width of the second (outer) band. Show VWAP Midline → Toggle the VWAP line on/off. Cloud Colors → Customize bullish, bearish, and neutral shading. 📊 How to Use Add VWAP Cloud to your chart. Choose between Session VWAP (intraday resets) or Rolling VWAP (continuous). Use Inner Cloud as a short-term fair value zone: Price inside = balanced trading. Breakouts above/below = possible momentum continuation. Watch Outer Cloud for extremes: Price reaching outer bands often signals exhaustion or potential reversals. Trend bias: Price above VWAP = bullish bias. Price below VWAP = bearish bias. ⚠️ Disclaimer: This tool is for educational purposes. Always combine it with proper risk management and other confluence factors.
Pine Script® indicator
by Cryptobingbong