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Volatility Momentum Score | Lyro RSVolatility Momentum Score | Lyro RS Overview The Volatility Momentum Score (VMS) combines price movement and volatility into a single, easy-to-read signal. Using z-scores, standard deviation bands, and flexible display modes, it helps traders identify trends, overbought/oversold conditions, and potential reversals quickly and effectively. Key Features Price + Volatility Blend Tracks price action and volatility with separate z-scores and merges them into a unified momentum score. Standard Deviation Bands Upper and lower bands highlight extreme readings. Adjustable multipliers allow for fine-tuning sensitivity. Two Signal Modes Trend Mode: Plots “Long” and “Short” signals when momentum crosses bands. Reversion Mode: Colors the chart background when the score indicates stretched conditions. Overbought & Oversold Alerts ▲ markers indicate oversold conditions. ▼ markers indicate overbought conditions. Custom Colors Four preset color themes or fully customizable bullish/bearish colors. Clear Visuals Dynamic line coloring based on momentum. Candles recolored at signal points. Background shading for quick visual assessment. How It Works Calculates z-scores for both price and volatility. Blends the z-scores into a single average score. Compares the score against dynamic upper and lower bands. Triggers signals, markers, or background shading depending on the chosen display mode. Practical Use Ride trends: Follow Trend Mode signals to align with momentum. Spot reversals: Watch ▲ and ▼ markers when markets are overextended. Stay aware: Background shading highlights potentially overheated conditions. Customization Set lookback lengths for price, volatility, and bands. Adjust band multipliers for more or less sensitive signals. Choose between Trend or Reversion mode based on trading style. Select color themes or create custom palettes. ⚠️ Disclaimer This indicator is a technical analysis tool and does not guarantee results. It should be used alongside other methods and proper risk management. The creators are not responsible for any financial decisions based on its signals.
Pine Script® indicator
by LyroRS
1
VCP-Minervini v2This indicator is based on the famous Volatility Contraction Pattern (VCP) developed by Mark Minervini. It is designed to detect breakout setups in stocks and indices and provides a complete framework for identifying and managing them. VCP Detection: Uses ATR to measure contracting volatility and highlights potential setups with yellow markers. Pivot Level: Once a VCP is detected, the script automatically fixes a pivot resistance level and plots it as a red line. Breakout Signal: When price closes above the pivot and remains above the EMA, a green marker confirms that a breakout is active. Exit Logic: If momentum fades (volume drops below average and True Range contracts), the green marker disappears, signaling it may be time to secure profits or adjust stops. EMA Filter: Ensures that setups are only valid in the direction of the prevailing trend by requiring price to trade above the selected EMA. How to use it This tool is best suited for swing traders and position traders looking for clean breakout opportunities. It is not a simple mashup of indicators but an original combination specifically built for VCP setups. Use primarily on daily or weekly charts of liquid stocks. Build a watchlist from yellow markers (potential setups). Watch for price closing above the pivot line to confirm the breakout. Manage trades while the green marker is active, and take caution when it disappears. Adjust the parameters to fine-tune detection sensitivity for your market or trading style.
Pine Script® indicator
by kaspareit-trading
Double Median SD Bands | MisinkoMasterThe Double Median SD Bands is a new trend following tool designed to help traders/investors identify trends, follow them and improve their trend following strategies. How does it work? 1. Calculate the Standard Deviation over n period of the source (this can be the close, high, low, hl2 and so on) 2. Calculate the basic bands like so: Upper = Source + SD*Multiplier Lower = Source - SD*Multiplier 3. Get the special lengths (which we will soon need): half length = n/2 (if it returns a number like 8.5, it will be rounded up to 9) square root length = √n (if it returns a number with decimals, it will be rounded to the closest integer) 4. Smooth the bands using the medians 1x Median SD Band Upper = median over half length period on the SD Upper Band 1x Median SD Band Lower = median over half length period on the SD Lower Band Double Median SD Bands is then finished by applying the median to both but with the square root length. Trend Logic : If source crosses over the upper band = uptrend reversal If source crosses below the lower band = downtrend reversal Why choose this indicator? Smooth and fast trend capture => this indicator combines the median with the SD Bands in such way to give you the highest amount of speed possible, while making you suffer as low amount of noise as possible. Easy trend identification => Thanks to the colors changing with trends, it makes it very easy for users to identify signals within or below 1-2 seconds Hope you all enjoy Gs, if you have any questions are requests DM me :)
Pine Script® indicator
by MisinkoMaster
MACD, RSI & Stoch + Divergences (RU)WARNING: This script is fully localized in Russian and is supported by the Russian-speaking community. All tooltips, settings, and descriptions are provided in Russian for maximum usability by Russian-speaking users. This script combines MACD, RSI, and Stochastic oscillators with automatic detection and visualization of regular and hidden divergences. It highlights potential reversal and trend continuation points, draws divergence lines and labels, and provides flexible settings for trend analysis and oscillator calculation. The script also includes advanced session timing and daily change visualization for intraday trading. Данный скрипт объединяет индикаторы MACD, RSI и Стохастик, а также автоматически определяет и визуализирует обычные и скрытые дивергенции. Он выделяет потенциальные точки разворота и продолжения тренда, строит линии и метки дивергенций, а также предоставляет гибкие настройки для анализа тренда и расчёта осцилляторов. Скрипт дополнительно отображает временные торговые сессии и динамику дневных изменений для удобства внутридневной торговли. Все параметры снабжены подробными русскоязычными подсказками (тултипами), что делает работу с инструментом максимально понятной и удобной для русскоязычных пользователей.
Pine Script® indicator
by vslvnvch
AWSA "Level Indicator with ATR" isn't a single, defined indicator but typically refers to a trading strategy or indicator that uses the Average True Range (ATR) to create dynamic levels on a price chart, such as support, resistance, or stop-loss levels. The ATR is a volatility indicator that measures market volatility; when high, it suggests the market has large price swings, and when low, small price swings. By using the ATR value with a multiplier, traders can set price levels that adapt to changing market volatility, providing more objective and dynamic trading signals than fixed-price levels.
Pine Script® indicator
by shobithanaidu
CandelaCharts - Projections 📝 Overview Projections turns a hand-picked swing window into clean, forward price levels. You pick a time range and an anchor (wick or body); the tool finds that window’s reference extremes (Level 0 & Level 1) and then projects directional extensions (e.g., −1, −2, −2.5, −4) in the chosen bias (Auto / Bullish / Bearish). It draws flat lines across the chart with optional labels so you can plan targets, fade zones, or continuation levels at a glance. 📦 Features This section highlights the core capabilities you’ll rely on most. Window-based engine — Define a start/end time; the script records open/high/low/close inside that window and builds levels from those extremes. Two anchor styles — Project from Wick extremes (Hi/Lo) or Body extremes (max/min of OHLC at the high/low bars). Directional bias — Auto (up if net up; doji resolves by wick dominance), or force Bullish/Bearish for one-sided extensions. Default & Custom levels — Toggle pre-sets (−1/−2/−2.5/−4) or enter your own comma-separated list (decimals supported). Readable drawings — Per-level colors (defaults) or unified bull/bear color (custom), with label size, line style, and width controls. ⚙️ Settings Use these controls to define the window, pick the projection style, and customize the visuals. Settings (Core) From / To — Start and end timestamps of the capture window (everything is computed from this segment). Bias — Auto / Bullish / Bearish. Guides which way negative levels extend (up for bull, down for bear). Anchor — Wick uses Hi/Lo; Body uses the body extremes at the high/low bars. Levels Levels = Default — Enable any of −1, −2, −2.5, −4 and set each color. Levels = Custom — Provide your own list (e.g., “−0.5, −1, −1.5, −3”) and pick Bullish/Bearish colors. (Custom uses one color per side.) Style Labels — Show/Hide the numeric level tag at the line’s right edge; choose label size. Lines — Pick solid/dashed/dotted and line width. ⚡️ Showcase Bearish Projection Bullish Projection 📒 Usage Follow these steps to set the window, generate levels, and turn them into a trade plan. 1) Mark the window — Set From/To around the swing you want to project (e.g., prior day, news impulse, weekly move). 2) Choose bias — Auto adapts; or lock Bullish/Bearish if you only want upside or downside projections. 3) Pick anchor — Wick = raw extremes; Body = more conservative reference. Body helps when single-print wicks distort levels. 4) Select levels — Toggle defaults or add a custom list. Negative values (−1, −2, …) extend beyond the reference extreme in the bias direction. (Level 0 and 1 are always drawn as the reference pair.) 5) Style it — Turn labels on, adjust size, and set line style/width for visibility on your timeframe. 6) Trade plan — Treat projections as reaction/continuation zones: scale out into −1/−2/−2.5, watch for fades back into the band, or ride continuation when price accepts beyond a level. 🚨 Alerts There are no built-in alerts in this version. ⚠️ Disclaimer Trading involves significant risk, and many participants may incur losses. The content on this site is not intended as financial advice and should not be interpreted as such. Decisions to buy, sell, hold, or trade securities, commodities, or other financial instruments carry inherent risks and are best made with guidance from qualified financial professionals. Past performance is not indicative of future results.
Pine Script® indicator
by CandelaCharts
VIX CCI Oscillator [Compression + EMA Trigger + Bounce Glow]VIX CCI OSCILLATOR ADJ CHART FOR YOUR LIKING NOT AS SMOOTH AS PREVIOUS VERSION (STOCH) SHOWS TIGER SIGNAL ON EMA SAMEOUTPUT HUD Box: emoji-coded tactical feedback bounce 100 "💥 Expansion" : bounce 0.8 "🔴 Overbought" : bounce 0.618 "📉 Distribution" : bounce 0.5 "🧠 Midline" : bounce 0.382 "📈 Accumulation" : bounce 0.2 "🟢 Oversold" : bounce0.0 "💣 Expansion" : "⚪ Neutral" Tiger EMA/STOCH This logic checks if the oscillator is trending above or below its 48-period EMA, If above, it paints the line GREEN🟢 (bullish), If below, it paints it RED🔴 (bearish), If compression is active, it overrides both with purple🟣 to highlight tactical squeeze conditions, ⚠️WARNING⚠️ ALWAYS REMEMBER THIS CHART IS VIX/USD IN MOST CASES SPY MOVES VICE VERSA I AM NOT RESPOSIBLE FOR YOUR OWN ACTIONS/TRADE IDEAS
Pine Script® indicator
by ICETRADESZ
Multi Straddle-Strangle ChartThis powerful indicator is designed for options traders who want to visualize and track the combined premium of multiple straddle and strangle strategies in a single, dedicated pane. Quickly analyze and compare up to five different options strategies at a glance, directly on your chart. This tool is perfect for monitoring volatility, tracking potential profits/losses on a position, and spotting key support and resistance levels based on option premiums. Key Features: Plot Up to 5 Strategies: Simultaneously plot any combination of up to 5 straddles or strangles. Real-Time Data: Fetches live data for both Call and Put options to give you an up-to-the-second view of the combined price. Dynamic Symbol Generation: Automatically detects the underlying symbol (e.g., NIFTY, BANKNIFTY, stocks) and builds the correct option symbols based on your input. Customizable Inputs: Easily configure the expiry date, strike prices and line colors for each of the 5 lines. In-Chart Summary Table: A clean and clear table in the corner of your chart provides a quick summary of each enabled strategy and its current price. Important Note on Usage: This tool requires you to input a strike price in all fields, even if you do not plan to use all five lines. This is necessary because of a fundamental rule in the Pine Script language: every input must have a constant, non-empty default value. The indicator is optimized to only fetch data for the lines you have explicitly enabled with the "Enable Line X" checkbox.
Pine Script® indicator
by SharpStrat
VIX Stoch RSI Oscillator [HUD Box + Compression]vix stoch rsi Oscillator watch volatility without switching charts, gives signal based off fib levels 0-100 / volatility, emoji box to show signal, HUD Box: emoji-coded tactical feedback bounce 100 "💥 Expansion" : bounce 0.8 "🔴 Overbought" : bounce 0.618 "📉 Distribution" : bounce 0.5 "🧠 Midline" : bounce 0.382 "📈 Accumulation" : bounce 0.2 "🟢 Oversold" : bounce0.0 "💣 Expansion" : "⚪ Neutral" Tiger EMA/STOCH This logic checks if the oscillator is trending above or below its 48-period EMA, If above, it paints the line GREEN🟢 (bullish), If below, it paints it RED🔴 (bearish), If compression is active, it overrides both with purple🟣 to highlight tactical squeeze conditions, ⚠️WARNING⚠️ ALWAYS REMEMBER THIS CHART IS VIX/USD IN MOST CASES SPY MOVES VICE VERSA I AM NOT RESPOSIBLE FOR YOUR OWN ACTIONS/TRADE IDEAS AMEX:USD TVC:VIX SP:SPX
Pine Script® indicator
by ICETRADESZ
2ATR / Current Price %### **Real-Time 2ATR Volatility Ratio Indicator** --- ### **Overview** This indicator provides a quick and visual way to understand market volatility by calculating the ratio between the **2ATR (Average True Range)** and the **current price**. * **ATR (Average True Range)** is a widely-used measure of market volatility, showing the average price movement over a specific period. * **2ATR** represents a price move that is twice the average volatility. Traders often use this value as a benchmark for potential support/resistance levels or for setting a dynamic stop-loss. ### **Key Features** * **Real-Time Calculation**: Unlike many indicators that rely on the previous candle's close, this script calculates the 2ATR ratio using the **real-time current price**, providing you with up-to-the-second data. * **Intuitive Display**: The final percentage value is shown in a clear **yellow label** at the **bottom-right** of your chart, making it easy to monitor without cluttering your view. * **Customizable Input**: You can adjust the `ATR Period` setting to change the sensitivity of the volatility calculation, allowing you to adapt the indicator to different trading styles and timeframes. ### **How to Use It** This tool is especially useful for **risk management and setting stop-loss orders**. The percentage displayed on the label tells you how much the price would need to move from its current level to equal a 2ATR change. **Example**: If the indicator shows **3.5%**, it means a price drop of 3.5% from the current level would be equal to a 2ATR move. This gives you a clear and quantifiable number to help you set a **logical stop-loss** or to quickly assess the potential downside risk before entering a trade.
Pine Script® indicator
by freegor919
1
Kalman Adjusted Average True Range [BackQuant]Kalman Adjusted Average True Range A volatility-aware trend baseline that fuses a Kalman price estimate with ATR “rails” to create a smooth, adaptive guide for entries, exits, and trailing risk. Built on my original Kalman This indicator is based on my original Kalman Price Filter: That core smoother is used here to estimate the “true” price path, then blended with ATR to control step size and react proportionally to market noise. What it plots Kalman ATR Line the main baseline that turns up/down with the filtered trend. Optional Moving Average of the Kalman ATR a secondary line for confluence (SMA/Hull/EMA/WMA/DEMA/RMA/LINREG/ALMA). Candle Coloring (optional) paint bars by the baseline’s current direction. Why combine Kalman + ATR? Kalman reduces measurement noise and produces a stable path without the lag of heavy MAs. ATR rails scale the baseline’s step to current volatility, so it’s calm in chop and more responsive in expansion. The result is a single, intelligible line you can trade around: slope-up = constructive; slope-down = caution. How it works (plain English) Each bar, the Kalman filter updates an internal state (tunable via Process Noise , Measurement Noise , and Filter Order ) to estimate the underlying price. An ATR band (Period × Factor) defines the allowed per-bar adjustment. The baseline cannot “jump” beyond those rails in one step. A direction flip is detected when the baseline’s slope changes sign (upturn/downturn), and alerts are provided for both. Typical uses Trend confirmation Trade in the baseline’s direction; avoid fading a firmly rising/falling line. Pullback timing Look for entries when price mean-reverts toward a rising baseline (or exits on tags of a falling one). Trailing risk Use the baseline as a dynamic guide; many traders set stops a small buffer beyond it (e.g., a fraction of ATR). Confluence Enable the MA overlay of the Kalman ATR; alignment (baseline above its MA and rising) supports continuation. Inputs & what they do Calculation Kalman Price Source which price the filter tracks (Close by default). Process Noise how quickly the filter can adapt. Higher = more responsive (but choppier). Measurement Noise how much you distrust raw price. Higher = smoother (but slower to turn). Filter Order (N) depth of the internal state array. Higher = slightly steadier behavior. Kalman ATR Period ATR lookback. Shorter = snappier; longer = steadier. Factor scales the allowed step per bar. Larger factors permit faster drift; smaller factors clamp movement. Confluence (optional) MA Type & Period compute an MA on the Kalman ATR line , not on price. Sigma (ALMA) if ALMA is selected, this input controls the curve’s shape. (Ignored for other MA types.) Visuals Plot Kalman ATR toggle the main line. Paint Candles color bars by up/down slope. Colors choose long/short hues. Signals & alerts Trend Up baseline turns upward (slope crosses above 0). Alert: “Kalman ATR Trend Up” Trend Down baseline turns downward (slope crosses below 0). Alert: “Kalman ATR Trend Down” These are state flips , not “price crossovers,” so you avoid many one-bar head-fakes. How to start (fast presets) Swing (daily/4H) ATR Period 7–14, Factor 0.5–0.8, Process Noise 0.02–0.05, Measurement Noise 2–4, N = 3–5. Intraday (5–15m) ATR Period 5–7, Factor 0.6–1.0, Process Noise 0.05–0.10, Measurement Noise 2–3, N = 3–5. Slow assets / FX raise Measurement Noise or ATR Period for calmer lines; drop Factor if the baseline feels too jumpy. Reading the line Rising & curving upward momentum building; consider long bias until a clear downturn. Flat & choppy regime uncertainty; many traders stand aside or tighten risk. Falling & accelerating distribution lower; short bias until a clean upturn. Practical playbook Continuation entries After a Trend Up alert, wait for a minor pullback toward the baseline; enter on evidence the line keeps rising. Exit/reduce If long and the baseline flattens then turns down, trim or exit; reverse logic for shorts. Filters Add a higher-timeframe check (e.g., only take longs when the daily Kalman ATR is rising). Stops Place stops just beyond the baseline (e.g., baseline − x% ATR for longs) to avoid “tag & reverse” noise. Notes This is a guide to state and momentum, not a guarantee. Combine with your process (structure, volume, time-of-day) for decisions. Settings are asset/timeframe dependent; start with the presets and nudge Process/Measurement Noise until the baseline “feels right” for your market. Summary Kalman ATR takes the noise-reduction of a Kalman price estimate and couples it with volatility-scaled movement to produce a clean, adaptive baseline. If you liked the original Kalman Price Filter (), this is its trend-trading cousin purpose-built for cleaner state flips, intuitive trailing, and confluence with your existing
Pine Script® indicator
by BackQuant
4
Bias + VWAP Pullback — v4 (PA + BOS/CHOCH)Simple idea: I identify the trend (bias) from the larger timeframe, and only trade pullbacks to the VWAP/EMA during liquidity (London/New York). When the trend is clear, gold moves strongly, and its pullbacks to the balance lines provide clear opportunities. Timeframe and Sessions (Cairo Time) Analysis: H1 to determine the trend. Implementation: 5m (or 1m if professional). Trading window: London Opening: 10:00–12:30 New York Opening: 16:30–19:00 (avoid the rest of the day unless there is exceptional traffic). Direction determination (BIAS) On H1: If the price is above the 200 EMA and the daily VWAP is bullish and the price is above it → uptrend (long-only). If the price is below the 200 EMA and the daily VWAP is bearish and the price is below it → bearish trend (short-only). Determine your levels: yesterday's high/low (PDH/PDL) + approximate Asia range (03:00–09:30). Entry Rules (Setup A: Trend Continuation) Asia range breakout towards Bias during liquidity window. Wait for a withdrawal to: Daily VWAP, or EMA50 on 5m frame (best if both cross). Confirmation: Confirmation low/high on 5m (HL buy/LH sell) + clear impulse candle (Body is greater than average of last 10 candles). Entry: Buy: When the price returns above VWAP/EMA50 with a confirmation candle close. Sell: The exact opposite. Stop Loss (SL): Below/above the last confirmation low/high or ATR(14, 5m) x 1.5 (largest). Objectives: TP1 = 1R (Close 50% and move the rest Break-even). TP2 = 2.5R to 3R or at an important HTF level (PDH/PDL/Bid/Demand Zone). Entry Rules (Setup B: Reversion to VWAP – “Mean Reversion”) Use with extreme caution, once daily maximum: Price deviation from VWAP by more than ~1.5 x ATR(14, 5m) with rejection candles appearing near PDH/PDL. Reverse entry towards the return of VWAP. SL small behind rejection top/bottom. Main target: VWAP. (Don't get greedy — this scenario is for extended periods only.) News Filtering and Risk Management Avoid trading 15–30 minutes before/after strong US news (CPI, NFP, FOMC). Maximum daily loss: 1.5–2% of account balance. Risk per trade: 0.25–0.5% (if you are learning) or 0.5–1% (if you are experienced). Do not exceed two consecutive losing trades per day. Don't chase the market after the opportunity has passed — wait for the next pullback. Smart Deal Management After TP1: Move stop to entry point + trail the rest with EMA20 on 5m or ATR Trailing = ATR(14)×1.0. If the price touches a strong daily level (PDH/PDL) and fails to break, consider taking additional profit. If VWAP starts to flatten and breaks against the trend on H1, stop trading for the day. Quick Checklist (Before Entry) H1 trend is clear and consistent with 200EMA + VWAP. Penetrating the Asia range towards Bias. Clean pull to VWAP/EMA50 on 5m. Confirmation candle and real push. SL is logical (behind swing/ATR×1.5) and R :R ≥ 1:2. No red news coming soon. Example of "ready-made" settings EMA: 20, 50, 200 on 5m, 200 only on H1. VWAP: Daily (reset daily). ATR: 14 on 5m. Levels: PDH/PDL + Asia Band (03:00–09:30 Cairo). Gold Notes Gold is fast and sharp at the open; don't get in early — wait for the draw. Fakeouts are common before news: it is best to call with the trend after the price returns above/below VWAP. Don't expect 80% consistent wins every day — the advantage comes from discipline, filtering out bad days, and only withdrawing when you're on the right track. تعتبر شركة الماسة الألمانية أحد المؤسسات العاملة بالمملكة العربية السعودية ولها تاريخ طويل من الخدمات الكثيرة والمتنوعة التى مازالت تقدمها للكثير من العملاء داخل جميع مدن وأحياء المملكة حيث نقدم أفضل ما لدينا من خلال مجموعة الشركات التالية والتي من خلالها ستتلقي كل ما تحتاج إلية في كل المجال المختلفة فنحن نعمل منذ عام 2015 ولنا سابقات اعمال فى مختلف المجالات الحيوية التى نخدم من خلالها عملائنا ونوفر لهم أرخص الأسعار وبأعلى جودة من الممكن توفرها فى المجالات التالية :- خدمات تنظيف المنازل والفلل والشقق خدمات عزل الخزانات تنظيف غسيل صيانة اصلاح خدمات جلي البلاط والرخام والسيراميك خدمات نقل العفش عمالة فلبينية مدربة خدمات مكافحة الحشرات بجدة كل هذة الخدمات وأكثر نوفرها لكل المتعاقدين بأفضل الطرق مع توفير خطط وبرامج متنوعة لأتمام العمل المسنود إلينا بأفضل وأحدث الطرق الحديثة والعصرية سواء فى شركات النظافة بجدة ومكة المكرمة أو شركات نقل العفش بجدة عمالة فلبينية وباقى الخدمات مثل جلي وتلميع الرخام بمكة وجدة ولا ننسي شركة مكافحة حشرات بجدة التى ساعدت آلاف المواطنين على تنظيف منازلهم من الحشرات بأفضل مبيدات حشرية.
Pine Script® indicator
by worldforhost
1
CM_Williams_Vix_Fix (v5) + Optional InverseCM_Williams_Vix_Fix (v5) + Optional Inverse This indicator is a modernized Pine v5 rewrite of Larry Williams’ classic Vix Fix, with an optional inverse mode to detect both capitulation lows (buy signals) and euphoric highs (sell signals). 🔎 What It Does Vix Fix (Buy-side): Mimics the behavior of the VIX by detecting panic/fear spikes when price makes unusually deep lows relative to recent closes. Inverse Vix Fix (Sell-side): Flips the logic to highlight euphoric/overbought spikes when price makes unusually high prints relative to recent closes. Works on any timeframe or instrument — originally built for stocks/futures that don’t have their own VIX. ⚙️ Inputs LookBack Period (pd): Number of bars to check for recent highs/lows. Bollinger Band Length (bbl): Period for volatility bands. Std Dev Multiplier (mult): Sensitivity of the bands. Percentile Lookback (lb, ph, pl): Optional percentile thresholds for extra filters. Show Range Lines (hp): Toggle percentile-based high/low markers. Show StdDev Bands (sd): Toggle Bollinger-style envelopes. Show Inverse (Sell) Version: Plots a red histogram for euphoric tops. 📊 Plots Green Histogram: Vix Fix (fear/panic spikes). Red Histogram: Inverse Vix Fix (euphoria spikes, optional). Orange Lines: Percentile-based thresholds (optional). Aqua Lines: Bollinger-style volatility bands (optional). 🧭 How to Use Green Spikes (Buy Vix Fix): Potential market bottoms when fear is high. Red Spikes (Inverse): Potential market tops when greed/euphoria is high. Works best when combined with: Trend filters (e.g. moving averages). Market structure tools (e.g. support/resistance, FVGs, liquidity levels). Other volatility/volume confirmations. ⚠️ Note: This is an indicator only (not a strategy). It highlights potential extremes in sentiment/volatility, but does not provide direct buy/sell orders. Always confirm with price action and risk management.
Pine Script® indicator
by huhmonkey
Big Candle Trend█ OVERVIEW The "Big Candle Trend" indicator is a technical analysis tool written in Pine Script® v6 that identifies large signal candles on the chart and determines the trend direction based on the analysis of all candles within a specified period. Designed for traders seeking a simple yet effective tool to identify key market movements and trends, the indicator provides clarity and precision through flexible settings, trend line visualization, and retracement lines on signal candles. █ CONCEPTS The goal of the "Big Candle Trend" indicator was to create a tool based solely on the size of candle bodies and their relative positions, making it universal and effective across all markets (stocks, forex, cryptocurrencies) and timeframes. Unlike traditional indicators that often rely on complex formulas or external data (e.g., volume), this indicator uses simple yet powerful price action logic. Large signal candles are identified by comparing their body size to the average body size over a selected period, and the trend is determined by analyzing price changes over a longer period relative to the average candle body size. Additionally, the indicator draws horizontal lines on signal candles, aiding in setting Stop Loss levels or delayed entries. █ FEATURES Large Signal Candle Detection: Identifies candles with a body larger than the average body multiplied by a user-defined multiplier, aligned with the trend (if the trend filter is enabled). Signals are displayed as triangles (green for bullish, red for bearish). Trend Analysis: Determines the trend (uptrend, downtrend, or neutral) by comparing the price change over a selected period (trend_length) to the average candle body size multiplied by a trend strength multiplier. The trend starts when: Uptrend: The price change (difference between the current close and the close from an earlier period) is positive and exceeds the average candle body size multiplied by the trend strength multiplier (avg_body_trend * trend_mult). Downtrend: The price change is negative and exceeds, in absolute value, the average candle body size multiplied by the trend strength multiplier. Neutral Trend: The price change is below the required threshold, indicating no clear market direction.The trend ends when the price change no longer meets the conditions for an uptrend or downtrend, transitioning to a neutral state or switching to the opposite trend when the price change reverses and meets the conditions for the new trend. This approach differs from standard methods as it focuses on price dynamics in the context of candle body size, offering a more intuitive and direct way to gauge trend strength. Smoothed Trend Line: Displays a trend line based on the average price (HL2, i.e., the average of the high and low of a candle), smoothed using a user-defined smoothing parameter. The trend line reflects the market direction but is not tied to breakouts, unlike many other trend indicators, allowing for more flexible interpretation. Retracement Lines: Draws horizontal lines on signal candles at a user-defined level (e.g., 0.618). The lines are displayed to the right of the candle, with a width of one candle. For bullish candles, the line is measured from the top of the body (close) downward, and for bearish candles, from the bottom of the body (close) upward, aiding in setting Stop Loss or delayed entries. Trend Option: Option to enable a trend filter that limits large candle signals to those aligned with the current trend, enhancing signal precision. Customizable Visualization: Allows customization of colors for uptrend, downtrend, and neutral states, trend line style, and shadow fill between the trend line and price. Alerts: Built-in alerts for large signal candles (bullish and bearish) and trend changes (start of uptrend, downtrend, or neutral trend). █ HOW TO USE Add to Chart: Apply the indicator to your TradingView chart via the Pine Editor or Indicators menu. Configure Settings: Candle Settings: Average Period (Candles): Sets the period for calculating the average candle body size. Large Candle Multiplier: Multiplier determining how large a candle’s body must be to be considered "large". Trend Settings: Trend Period: Period for analyzing price changes to determine the trend. Trend Strength Multiplier: Multiplier setting the minimum price change required to identify a significant trend. Trend Line Smoothing: Degree of smoothing for the trend line. Show Trend Line: Enables/disables the display of the trend line. Apply Trend Filter: Limits large candle signals to those aligned with the current trend. Trend Colors: Customize colors for uptrend (green), downtrend (red), and neutral (gray) states, and enable/disable shadow fill. Retracement Settings: Retracement Level (0.0-1.0): Sets the level for lines on signal candles (e.g., 0.618). Line Width: Sets the thickness of retracement lines. Interpreting Signals: Bullish Signal: A green triangle below the candle indicates a large bullish candle aligned with an uptrend (if the trend filter is enabled). A horizontal line is drawn to the right of the candle at the retracement level, measured from the top of the body downward. Bearish Signal: A red triangle above the candle indicates a large bearish candle aligned with a downtrend (if the trend filter is enabled). A horizontal line is drawn to the right of the candle at the retracement level, measured from the bottom of the body upward. rend Line: Shows the market direction (green for uptrend, red for downtrend, gray for neutral). Unlike many indicators, the trend line’s color is not tied to its breakout, allowing for more flexible interpretation of market dynamics. Alerts: Set up alerts in TradingView for large signal candles or trend changes to receive real-time notifications. Combining with Other Tools: Use the indicator alongside other technical analysis tools, such as support/resistance levels, RSI, moving averages, or Fair Value Gaps (FVG), to confirm signals. █ APPLICATIONS Price Action Trading: Large signal candles can indicate key market moments, such as breakouts of support/resistance levels or strong price rejections. Use signal candles in conjunction with support/resistance levels or FVG to identify entry opportunities. Retracement lines help set Stop Loss levels (e.g., below the line for bullish candles, above for bearish) or delayed entries after price returns to the retracement level and confirms trend continuation. Note that large candles often generate Fair Value Gaps (FVG), which should be considered when setting Stop Loss levels. Trend Strategies: Enable the trend filter to limit signals to those aligned with the dominant market direction. For example, in an uptrend, look for large bullish candles as continuation signals. The indicator can also be used for position pyramiding, adding positions as subsequent large candles confirm trend continuation. Practical Approach: Large candles with high volume may indicate strong market participation, increasing signal reliability. The trend line helps visually assess market direction and confirm large candle signals. Retracement lines on signal candles aid in identifying key levels for Stop Loss or delayed entries. █ NOTES The indicator works across all markets and timeframes due to its universal logic based on candle body size and relative positioning. Adjust settings (e.g., trend period, large candle multiplier, retracement level) to suit your trading style and timeframe. Test the indicator on various markets (stocks, forex, cryptocurrencies) and timeframes to optimize its performance. Use in conjunction with other technical analysis tools to enhance signal accuracy.
Pine Script® indicator
by Uncle_the_shooter
RSI Divergence + Hidden RSI Divergence + Hidden (TV-like pairing, final) What it does This indicator plots RSI and automatically detects both regular and hidden divergences by pairing RSI pivots with price pivots. It supports a TradingView-like loose pairing (within a user-defined bar tolerance) and a strict same-bar pairing. Detected signals are drawn with lines and optional labels on the RSI pane for quick visual verification. Divergence logic Regular Bullish (label: Bull) Price makes a lower low while RSI makes a higher low → potential upward reversal. Regular Bearish (label: Bear) Price makes a higher high while RSI makes a lower high → potential downward reversal. Hidden Bullish (label: H_Bull) Price makes a higher low while RSI makes a lower low → trend-continuation bias upward. Hidden Bearish (label: H_Bear) Price makes a lower high while RSI makes a higher high → trend-continuation bias downward. All conditions use pivot-to-pivot comparisons with optional equality tolerance for price and RSI to reduce false “equal” mismatches. Pairing modes TV-like Pairs the latest price and RSI pivots if their pivot bars occur within ±tolBars. A lightweight “pending” buffer allows pairing a newly detected pivot with a recent opposite pivot that arrived a few bars earlier/later (within tolerance). Same Bar Price and RSI pivots must occur on the exact same bar to form a pair. Key inputs RSI Source & Length: srcRsi, rsiLen (default 14). RSI line and reference levels (70/50/30) can be shown/hidden. Pivot Window: leftBars, rightBars for both price and RSI pivots. Pairing: pairMode = TV-like or Same Bar; tolBars for bar tolerance (TV-like only). Price Pivot Basis: priceMode = High/Low (default) or Close. Equality Tolerance: allowEqual (use >=/<=), priceEpsTks (ticks) for price equality slack, rsiEps (points) for RSI equality slack. Visibility: showRSI, showRegular, showHidden, showLabels. Visuals Lines (on RSI): Regular Bearish: red Regular Bullish: lime Hidden Bearish: orange Hidden Bullish: teal Labels (optional): "Bear", "Bull", "H_Bear", "H_Bull" placed on the RSI series at the second pivot. Alerts Four alert conditions are provided and fire when the corresponding divergence is confirmed: Bear (Regular) Bull (Regular) H_Bear (Hidden) H_Bull (Hidden) Notes & tips Divergences are evaluated only when both price and RSI pivots exist and can be paired under the selected mode. Pivot sensitivity: smaller leftBars/rightBars → earlier but noisier signals; larger values → fewer, more stable pivots. Tolerance: If you miss valid setups because pivots land a few bars apart, use TV-like with a small tolBars (e.g., 1–2). If you prefer stricter confirmation, use Same Bar. Equality slack: Use priceEpsTks and rsiEps to avoid rejecting near-equal highs/lows due to tiny differences. Works on any symbol/timeframe; as with all divergence tools, treat signals as context—combine with trend, structure, and risk management.
Pine Script® indicator
by h.kitano19810517
Turtle Trading with LayeringCrafted professional write-up for TradingView indicator publication. Turtle Trading with Layering System A complete implementation of the famous turtle trading strategy with proper position layering/pyramiding for manual trading. Features Core Turtle System: 20-day breakout entries (primary signals) 55-day breakout entries (backup after losses) 10-day reverse breakout exits ATR-based stop losses and position sizing Position Layering: Build positions gradually as trends develop Add up to 4 units per position Each unit added every 0.5 ATR in your favor Single stop loss protects entire position
Pine Script® indicator
by Sakett_Guptaa
ATR Future Movement Range Projection The "ATR Future Movement Range Projection" is a custom TradingView Pine Script indicator designed to forecast potential price ranges for a stock (or any asset) over short-term (1-month) and medium-term (3-month) horizons. It leverages the Average True Range (ATR) as a measure of volatility to estimate how far the price might move, while incorporating recent momentum bias based on the proportion of bullish (green) vs. bearish (red) candles. This creates asymmetric projections: in bullish periods, the upside range is larger than the downside, and vice versa. The indicator is overlaid on the chart, plotting horizontal lines for the projected high and low prices for both timeframes. Additionally, it displays a small table in the top-right corner summarizing the projected prices and the percentage change required from the current close to reach them. This makes it useful for traders assessing potential targets, risk-reward ratios, or option strategies, as it combines volatility forecasting with directional sentiment. Key features: - **Volatility Basis**: Uses weekly ATR to derive a stable daily volatility estimate, avoiding noise from shorter timeframes. - **Momentum Adjustment**: Analyzes recent candle colors to tilt projections toward the prevailing trend (e.g., more upside if more green candles). - **Time Horizons**: Fixed at 1 month (21 trading days) and 3 months (63 trading days), assuming ~21 trading days per month (excluding weekends/holidays). - **User Adjustable**: The ATR length/lookback (default 50) can be tweaked via inputs. - **Visuals**: Green/lime lines for highs, red/orange for lows; a semi-transparent table for quick reference. - **Limitations**: This is a probabilistic projection based on historical volatility and momentum—it doesn't predict direction with certainty and assumes volatility persists. It ignores external factors like news, earnings, or market regimes. Best used on daily charts for stocks/ETFs. The indicator doesn't generate buy/sell signals but helps visualize "expected" ranges, similar to how implied volatility informs option pricing. ### How It Works Step-by-Step The script executes on each bar update (typically daily timeframe) and follows this logic: 1. **Input Configuration**: - ATR Length (Lookback): Default 50 bars. This controls both the ATR calculation period and the candle count window. You can adjust it in the indicator settings. 2. **Calculate Weekly ATR**: - Fetches the ATR from the weekly timeframe using `request.security` with a length of 50 weeks. - ATR measures average price range (high-low, adjusted for gaps), representing volatility. 3. **Derive Daily ATR**: - Divides the weekly ATR by 5 (approximating 5 trading days per week) to get an equivalent daily volatility estimate. - Example: If weekly ATR is $5, daily ATR ≈ $1. 4. **Define Projection Periods**: - 1 Month: 21 trading days. - 3 Months: 63 trading days (21 × 3). - These are hardcoded but based on standard trading calendar assumptions. 5. **Compute Base Projections**: - Base projection = Daily ATR × Days in period. - This gives the total expected movement (range) without direction: e.g., for 3 months, $1 daily ATR × 63 = $63 total range. 6. **Analyze Candle Momentum (Win Rate)**: - Counts green candles (close > open) and red candles (close < open) over the last 50 bars (ignores dojis where close == open). - Total colored candles = green + red. - Win rate = green / total colored (as a fraction, e.g., 0.7 for 70%). Defaults to 0.5 if no colored candles. - This acts as a simple momentum proxy: higher win rate implies bullish bias. 7. **Adjust Projections Asymmetrically**: - Upside projection = Base projection × Win rate. - Downside projection = Base projection × (1 - Win rate). - This skews the range: e.g., 70% win rate means 70% of the total range allocated to upside, 30% to downside. 8. **Calculate Projected Prices**: - High = Current close + Upside projection. - Low = Current close - Downside projection. - Done separately for 1M and 3M. 9. **Plot Lines**: - 3M High: Solid green line. - 3M Low: Solid red line. - 1M High: Dashed lime line. - 1M Low: Dashed orange line. - Lines extend horizontally from the current bar onward. 10. **Display Table**: - A 3-column table (Projection, Price, % Change) in the top-right. - Rows for 1M High/Low and 3M High/Low, color-coded. - % Change = ((Projected price - Close) / Close) × 100. - Updates dynamically with new data. The entire process repeats on each new bar, so projections evolve as volatility and momentum change. ### Examples Here are two hypothetical examples using the indicator on a daily chart. Assume it's applied to a stock like AAPL, but with made-up data for illustration. (In TradingView, you'd add the script to see real outputs.) #### Example 1: Bullish Scenario (High Win Rate) - Current Close: $150. - Weekly ATR (50 periods): $10 → Daily ATR: $10 / 5 = $2. - Last 50 Candles: 35 green, 15 red → Total colored: 50 → Win Rate: 35/50 = 0.7 (70%). - Base Projections: - 1M: $2 × 21 = $42. - 3M: $2 × 63 = $126. - Adjusted Projections: - 1M Upside: $42 × 0.7 = $29.4 → High: $150 + $29.4 = $179.4 (+19.6%). - 1M Downside: $42 × 0.3 = $12.6 → Low: $150 - $12.6 = $137.4 (-8.4%). - 3M Upside: $126 × 0.7 = $88.2 → High: $150 + $88.2 = $238.2 (+58.8%). - 3M Downside: $126 × 0.3 = $37.8 → Low: $150 - $37.8 = $112.2 (-25.2%). - On the Chart: Green/lime lines skewed higher; table shows bullish % changes (e.g., +58.8% for 3M high). - Interpretation: Suggests stronger potential upside due to recent bullish momentum; useful for call options or long positions. #### Example 2: Bearish Scenario (Low Win Rate) - Current Close: $50. - Weekly ATR (50 periods): $3 → Daily ATR: $3 / 5 = $0.6. - Last 50 Candles: 20 green, 30 red → Total colored: 50 → Win Rate: 20/50 = 0.4 (40%). - Base Projections: - 1M: $0.6 × 21 = $12.6. - 3M: $0.6 × 63 = $37.8. - Adjusted Projections: - 1M Upside: $12.6 × 0.4 = $5.04 → High: $50 + $5.04 = $55.04 (+10.1%). - 1M Downside: $12.6 × 0.6 = $7.56 → Low: $50 - $7.56 = $42.44 (-15.1%). - 3M Upside: $37.8 × 0.4 = $15.12 → High: $50 + $15.12 = $65.12 (+30.2%). - 3M Downside: $37.8 × 0.6 = $22.68 → Low: $50 - $22.68 = $27.32 (-45.4%). - On the Chart: Red/orange lines skewed lower; table highlights larger downside % (e.g., -45.4% for 3M low). - Interpretation: Indicates bearish risk; might prompt protective puts or short strategies. #### Example 3: Neutral Scenario (Balanced Win Rate) - Current Close: $100. - Weekly ATR: $5 → Daily ATR: $1. - Last 50 Candles: 25 green, 25 red → Win Rate: 0.5 (50%). - Projections become symmetric: - 1M: Base $21 → Upside/Downside $10.5 each → High $110.5 (+10.5%), Low $89.5 (-10.5%). - 3M: Base $63 → Upside/Downside $31.5 each → High $131.5 (+31.5%), Low $68.5 (-31.5%). - Interpretation: Pure volatility-based range, no directional bias—ideal for straddle options or range trading. In real use, test on historical data: e.g., if past projections captured actual moves ~68% of the time (1 standard deviation for ATR), it validates the volatility assumption. Adjust the lookback for different assets (shorter for volatile cryptos, longer for stable blue-chips).
Pine Script® indicator
by bradleypbarber6
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
Composite Time ProfileComposite Time Profile Overlay (CTPO) - Market Profile Compositing Tool Automatically composite multiple time periods to identify key areas of balance and market structure What is the Composite Time Profile Overlay? The Composite Time Profile Overlay (CTPO) is a Pine Script indicator that automatically composites multiple time periods to identify key areas of balance and market structure. It's designed for traders who use market profile concepts and need to quickly identify where price is likely to find support or resistance. The indicator analyzes TPO (Time Price Opportunity) data across different timeframes and merges overlapping profiles to create composite levels that represent the most significant areas of balance. This helps you spot where institutional traders are likely to make decisions based on accumulated price action. Why Use CTPO for Market Profile Trading? Eliminate Manual Compositing Work Instead of manually drawing and compositing profiles across different timeframes, CTPO does this automatically. You get instant access to composite levels without spending time analyzing each individual period. Spot Areas of Balance Quickly The indicator highlights the most significant areas of balance by compositing overlapping profiles. These areas often act as support and resistance levels because they represent where the most trading activity occurred across multiple time periods. Focus on What Matters Rather than getting lost in individual session profiles, CTPO shows you the composite levels that have been validated across multiple timeframes. This helps you focus on the levels that are most likely to hold. How CTPO Works for Market Profile Traders Automatic Profile Compositing CTPO uses a proprietary algorithm that: - Identifies period boundaries based on your selected timeframe (sessions, daily, weekly, monthly, or auto-detection) - Calculates TPO profiles for each period using the C2M (Composite 2 Method) row sizing calculation - Merges overlapping profiles using configurable overlap thresholds (default 50% overlap required) - Updates composite levels as new price action develops in real-time Key Levels for Market Profile Analysis The indicator displays: - Value Area High (VAH) and Value Area Low (VAL) levels calculated from composite TPO data - Point of Control (POC) levels where most trading occurred across all composited periods - Composite zones representing areas of balance with configurable transparency - 1.618 Fibonacci extensions for breakout targets based on composite range Multiple Timeframe Support - Sessions: For intraday market profile analysis - Daily: For swing trading with daily profiles - Weekly: For position trading with weekly structure - Monthly: For long-term market profile analysis - Auto: Automatically selects timeframe based on your chart Trading Applications for Market Profile Users Support and Resistance Trading Use composite levels as dynamic support and resistance zones. These levels often hold because they represent areas where significant trading decisions were made across multiple timeframes. Breakout Trading When composite levels break, they often lead to significant moves. The indicator calculates 1.618 Fibonacci extensions to give you clear targets for breakout trades. Mean Reversion Strategies Value Area levels represent the price range where most trading activity occurred. These levels often act as magnets, drawing price back when it moves too far from the mean. Institutional Level Analysis Composite levels represent areas where institutional traders have made significant decisions. These levels often hold more weight than traditional technical analysis levels because they're based on actual trading activity. Key Features for Market Profile Traders Smart Compositing Logic - Automatic overlap detection using price range intersection algorithms - Configurable overlap thresholds (minimum 50% overlap required for merging) - Dead composite identification (profiles that become engulfed by newer composites) - Real-time updates as new price action develops using barstate.islast optimization Visual Customization - Customizable colors for active, broken, and dead composites - Adjustable transparency levels for each composite state - Premium/Discount zone highlighting based on current price vs composite range - TPO aggression coloring using TPO distribution analysis to identify buying/selling pressure - Fibonacci level extensions with 1.618 target calculations based on composite range Clean Chart Presentation - Only shows the most relevant composite levels (maximum 10 active composites) - Eliminates clutter from individual session profiles - Focuses on areas of balance that matter most to current price action Real-World Trading Examples Day Trading with Session Composites Use session-based composites to identify intraday areas of balance. The VAH and VAL levels often act as natural profit targets and stop-loss levels for scalping strategies. Swing Trading with Daily Composites Daily composites provide excellent swing trading levels. Look for price reactions at composite zones and use the 1.618 extensions for profit targets. Position Trading with Weekly Composites Weekly composites help identify major trend changes and long-term areas of balance. These levels often hold for months or even years. Risk Management Composite levels provide natural stop-loss levels. If a composite level breaks, it often signals a significant shift in market sentiment, making it an ideal place to exit losing positions. Why Composite Levels Work Composite levels work because they represent areas where significant trading decisions were made across multiple timeframes. When price returns to these levels, traders often remember the previous price action and make similar decisions, creating self-fulfilling prophecies. The compositing process uses a proprietary algorithm that ensures only levels validated across multiple time periods are displayed. This means you're looking at levels that have proven their significance through actual market behavior, not just random technical levels. Technical Foundation The indicator uses TPO (Time Price Opportunity) data combined with price action analysis to identify areas of balance. The C2M row sizing method ensures accurate profile calculations, while the overlap detection algorithm (minimum 50% price range intersection) ensures only truly significant composites are displayed. The algorithm calculates row size based on ATR (Average True Range) divided by 10, then converts to tick size for precise level calculations. How the Code Actually Works 1. Period Detection and ATR Calculation The code first determines the appropriate timeframe based on your chart: - 1m-5m charts: Session-based profiles - 15m-2h charts: Daily profiles - 4h charts: Weekly profiles - 1D charts: Monthly profiles For each period type, it calculates the number of bars needed for ATR calculation: - Sessions: 540 minutes divided by chart timeframe - Daily: 1440 minutes divided by chart timeframe - Weekly: 7 days worth of minutes divided by chart timeframe - Monthly: 30 days worth of minutes divided by chart timeframe 2. C2M Row Size Calculation The code calculates True Range for each bar in the determined period: - True Range = max(high-low, |high-prevClose|, |low-prevClose|) - Averages all True Range values to get ATR - Row Size = (ATR / 10) converted to tick size - This ensures each TPO row represents a meaningful price movement 3. TPO Profile Generation For each period, the code: - Creates price levels from lowest to highest price in the range - Each level is separated by the calculated row size - Counts how many bars touch each price level (TPO count) - Finds the level with highest count = Point of Control (POC) - Calculates Value Area by expanding from POC until 68.27% of total TPO blocks are included 4. Overlap Detection Algorithm When a new profile is created, the code checks if it overlaps with existing composites: - Calculates overlap range = min(currentVAH, prevVAH) - max(currentVAL, prevVAL) - Calculates current profile range = currentVAH - currentVAL - Overlap percentage = (overlap range / current profile range) * 100 - If overlap >= 50%, profiles are merged into a composite 5. Composite Merging Logic When profiles overlap, the code creates a new composite by: - Taking the earliest start bar and latest end bar - Using the wider VAH/VAL range (max of both profiles) - Keeping the POC from the profile with more TPO blocks - Marking the composite as "active" until price breaks through 6. Real-Time Updates The code uses barstate.islast to optimize performance: - Only recalculates on the last bar of each period - Updates active composite with live price action if enabled - Cleans up old composites to prevent memory issues - Redraws all visual elements from scratch each bar 7. Visual Rendering System The code uses arrays to manage drawing objects: - Clears all lines/boxes arrays on every bar - Iterates through composites array to redraw everything - Uses different colors for active, broken, and dead composites - Calculates 1.618 Fibonacci extensions for broken composites Getting Started with CTPO Step 1: Choose Your Timeframe Select the period type that matches your trading style: - Use "Sessions" for day trading - Use "Daily" for swing trading - Use "Weekly" for position trading - Use "Auto" to let the indicator choose based on your chart timeframe Step 2: Customize the Display Adjust colors, transparency, and display options to match your charting preferences. The indicator offers extensive customization options to ensure it fits seamlessly into your existing analysis. Step 3: Identify Key Levels Look for: - Composite zones (blue boxes) - major areas of balance - VAH/VAL lines - value area boundaries - POC lines - areas of highest trading activity - 1.618 extension lines - breakout targets Step 4: Develop Your Strategy Use these levels to: - Set entry points near composite zones - Place stop losses beyond composite levels - Take profits at 1.618 extension levels - Identify trend changes when major composites break Perfect for Market Profile Traders If you're already using market profile concepts in your trading, CTPO eliminates the manual work of compositing profiles across different timeframes. Instead of spending time analyzing each individual period, you get instant access to the composite levels that matter most. The indicator's automated compositing process ensures you're always looking at the most relevant areas of balance, while its real-time updates keep you informed of changes as they happen. Whether you're a day trader looking for intraday levels or a position trader analyzing long-term structure, CTPO provides the market profile intelligence you need to succeed. Streamline Your Market Profile Analysis Stop wasting time on manual compositing. Let CTPO do the heavy lifting while you focus on executing profitable trades based on areas of balance that actually matter. Ready to Streamline Your Market Profile Trading? Add the Composite Time Profile Overlay to your charts today and experience the difference that automated profile compositing can make in your trading performance.
Pine Script® indicator
by mindyourbuisness
Contract Interest Turnover T3 [T69]Overview -------- Contract Interest Turnover (CIT) estimates how “churny” a crypto derivatives market is by comparing the amount traded in a bar to the base stock of outstanding contracts (open interest). It normalizes both Volume and Open Interest (OI) by Price (Close), then plots a Turnover Rate = (Volume/Close) ÷ (OI/Close) as colored columns. Higher values = faster contract recycling (strong momentum / hype potential). Features -------- - Auto-fetch OI: Pulls OI via request.security(_OI, …) when the exchange/symbol exposes an OI stream on TradingView. - Price-normalized comparison: Converts both Volume and OI into comparable notional terms by dividing each by Close. - Turnover columns with threshold: Color the columns green once Turnover ≥ your set threshold; gray otherwise. - Status-line readouts: Displays normalized Volume and OI values for quick sanity checks. - Crypto-aware timeframe: Uses chart TF for crypto; forces daily OI when not crypto to avoid noisy intraday pulls. How to Use ---------- 1. Add the script on a perpetual/futures symbol that has OI on TradingView (e.g., BTC perps where an _OI feed exists). 2. Watch the Turnover Rate bars: spikes above your threshold flag sessions where contracts are actively flipping. 3. Interpret spikes as a signal of movement or activity — it does not specify price direction, only that the market is engaged and contracts are being traded more intensely than usual. Configuration ------------- - Interest Turnover Threshold (default 1.0): colors columns green when Turnover ≥ threshold. Tune per market’s typical churn profile. Under the Hood (Formulas & Logic) --------------------------------- - Fetch OI oiClose ← request.security(ticker.standard(syminfo.tickerid) + "_OI", timeframe, close) with ignore_invalid_symbol = true. If none is found, the script throws a clear runtime error. - Normalize to price vol_norm = volume / close oi_norm = oiClose / close This converts both to a common notional basis so their ratio is meaningful even as price changes. - Turnover Rate turnover = vol_norm / oi_norm Interpretation: fraction/multiples of the outstanding contract base traded in the bar. Color = green if turnover ≥ threshold. Why Open Interest ≈ “Float” Proxy --------------------------------- In stocks, float ≈ shares the public can trade. In derivatives, there are no “shares,” so Open Interest acts as the live stock of active contracts. It’s the best proxy for “what’s available in play” because it counts open positions that persist across bars. Using Volume ÷ OI mirrors stock float-turnover logic: how fast the tradable base is being recycled each period. Why Normalize by Price ---------------------- Derivatives volume and OI may be reported in contracts, not notional value. One contract’s economic weight changes with price (especially on inverse contracts). Dividing both Volume and OI by Close: - Puts them on a comparable notional footing. - Prevents false spikes purely from price moves. - Makes Turnover comparable across time even as price trends. Advanced Tips ------------- - Calibrate threshold: Start from the 80th–90th percentile of the last 60–90 bars of Turnover; set the threshold a touch below that to surface early heat. - Add OI-delta: Layer an OI change histogram (current − prior) to separate new positioning from pure churn. - Linear vs inverse: For linear (USDT-margined) contracts, the normalization still works and keeps visuals consistent; for inverse, it’s essential. Limitations ----------- - Data availability: Works only if your symbol exposes an _OI feed on TradingView; otherwise it errors out. - Exchange conventions: Volume units differ by venue (contracts, coin, notional). Normalization mitigates, but cross-symbol comparisons still need caution. - Intrabar gaps: OI is typically end-of-bar; rapid intrabar shifts won’t appear until the bar closes. Notes ----- - Designed primarily for crypto derivatives. For non-crypto, the script blanks OI to avoid misleading plots and uses a daily TF when needed. Credit ------ - Concept & data: Built for TradingView data feeds. - Acknowledgment: Credit to TradingView default indicator as requested. - Source: This write-up reflects the logic present in your uploaded script. Disclaimer ---------- Markets move; indicators simplify. Use with position sizing, hard stops, and catalyst awareness. The Turnover Rate flags activity, not direction.
Pine Script® indicator
by Teyo69
2
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
APC – Anti-Analysis-Paralysis Kompass APC – Anti-Analysis-Paralysis Compass (Pine v5). Research/education indicator that compresses trend from 5 timeframes into one compass with Direction, Score, and Coherence (TF agreement). Non-repainting with a high-contrast breakdown table and in-chart help. No financial advice. What it is APC is a research/education tool that condenses trend information from five timeframes into a single compass. It shows Direction (↑/↓/→), a weighted Score, and Coherence (how strongly timeframes agree). The script is non-repainting (security(..., lookahead=off)) and includes a readable breakdown panel and example alerts. How it works • For each timeframe APC fits a linear regression to price, measures the slope change over k bars, optionally normalizes by ATR%, then maps it to +1 / 0 / −1 using a Deadzone (small slopes → neutral). • A (weighted) sum of the five signs forms the Score. • Coherence = |Score| / maxScore (0–100%), i.e., degree of TF alignment. Quick start (suggested defaults) • Timeframes: 15m · 1h · 4h · 1D · 1W • Weights: 1, 1, 1, 1.5, 2 • LinReg length: 100 • Slope Δ window: 10 • ATR normalization: ON • Deadzone: 0.03–0.05 • Coherence lock (for example alerts): 60% Example research filters (non-advisory) Many users test: Bullish bias when Score ≥ +3 and Coherence ≥ 60%; bearish bias when Score ≤ −3 and Coherence ≥ 60%. These are illustrative defaults only—configure and test your own thresholds. Optional: pair with Kagi Use APC for bias/conviction and Kagi turns for timing. Typical Kagi (swing): base 15m–1h, reversal ATR(14) × 1.5–2.5 or 1–3%. Notes Raise Deadzone in choppy markets; lower it for earlier flips. On very illiquid or young symbols, lengthen lenLR. Disclaimer APC is a research & educational indicator. It does not provide financial advice or recommendations. Use at your own risk. License: MIT.
Pine Script® indicator
by SamBou76