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Supply and Demand Zones [BigBeluga]🔵 OVERVIEW The Supply and Demand Zones indicator automatically identifies institutional order zones formed by high-volume price movements. It detects aggressive buying or selling events and marks the origin of these moves as demand or supply zones. Untested zones are plotted with thick solid borders, while tested zones become dashed, signaling reduced strength. 🔵 CONCEPTS Supply Zones: Identified when 3 or more bearish candles form consecutively with above-average volume. The script then searches up to 5 bars back to find the last bullish candle and plots a supply zone from that candle’s low to its low plus ATR. Demand Zones: Detected when 3 or more bullish candles appear with above-average volume. The script looks up to 5 bars back for a bearish candle and plots a demand zone from its high to its high minus ATR. Volume Weighting: Each zone displays the cumulative bullish or bearish volume within the move leading to the zone. Tested Zones: If price re-enters a zone and touches its boundary after being extended for 15 bars, the zone becomes dashed , indicating a potential weakening of that level. Overlap Logic: Older overlapping zones are removed automatically to keep the chart clean and only show the most relevant supply/demand levels. Zone Expiry: Zones are also deleted after they’re fully broken by price (i.e., price closes above supply or below demand). 🔵 FEATURES Auto-detects supply and demand using volume and candle structure. Extends valid zones to the right side of the chart. Solid borders for fresh untested zones. Dashed borders for tested zones (after 15 bars and contact). Prevents overlapping zones of the same type. Labels each zone with volume delta collected during zone formation. Limits to 5 zones of each type for clarity. Fully customizable supply and demand zone colors. 🔵 HOW TO USE Use supply zones as potential resistance levels where sell-side pressure could emerge. Use demand zones as potential support areas where buyers might step in again. Pay attention to whether a zone is solid (untested) or dashed (tested). Combine with other confluences like volume spikes, trend direction, or candlestick patterns. Ideal for swing traders and scalpers identifying key reaction levels. 🔵 CONCLUSION Supply and Demand Zones is a clean and logic-driven tool that visualizes critical liquidity zones formed by institutional moves. It tracks untested and tested levels, giving traders a visual edge to recognize where price might bounce or reverse due to historical order flow.
Pine Script® indicator
by BigBeluga
4
Absorption BubblesSUMMARY This indicator visualizes absorption events by plotting bubbles on candle wicks where volume activity suggests one side of the market is absorbing the other’s pressure. Instead of raw volume, the script normalizes activity against a rolling standard deviation defined by the Lookback Period. Bubbles appear on upper or lower wicks depending on whether buyers or sellers are absorbing pressure. The goal is to highlight whether aggressive orders are being accepted or absorbed at key price points. METHODOLOGY Absorption occurs when one side of the market absorbs aggressive orders from the other, preventing continuation. The script measures normalized volume against a user‑defined threshold to filter out weaker signals. Green bubbles on upper wicks → Selling absorption (buyers push price up, sellers absorb the buying). Red bubbles on lower wicks → Buying absorption (sellers push price down, buyers absorb the selling). Red‑colored bars highlight candles where large volume is concentrated inside the body, signifying aggressive selling activity. Green‑colored bars highlight candles where large volume is concentrated inside the body, signifying aggressive buying activity. The Lookback Period controls how many bars are used to calculate the rolling standard deviation of volume, letting traders adjust sensitivity to recent vs. longer‑term activity. Optional significant volume lines extend forward, marking areas where absorption was strongest. FUNCTIONS Normalized volume detection using rolling standard deviation Adjustable Lookback Period for volume normalization Dynamic bubble plotting on candle wicks (size scales with absorption strength) Separate visualization for buying vs. selling absorption Alerts for buying absorption, selling absorption, or any absorption event (only at bar close) Bar coloring when large absorption occurs inside candle bodies APPLICATION Setup: Add the script to any chart and timeframe. Adjust the Absorption Threshold to filter out weaker bubbles and the Lookback Period to control how volume normalization is calculated. Red bubbles highlight buying absorption, often signalling potential price pivots - price can often go upwards from this. Green bubbles mark selling absorption, reflecting resistance to upward moves - price may go downwards from this. Interpretation: Green bubbles on upper wicks = sellers absorbing buying pressure. Red bubbles on lower wicks = buyers absorbing selling pressure. Larger bubbles = stronger absorption relative to recent volume. Settings & Use: Raising the Absorption Threshold filters out smaller bubbles, leaving only significant absorption events. Changing the Lookback Period alters how “normal” volume is defined — shorter periods make the script more sensitive, longer periods smooth out noise. Alerts can be set for buying absorption, selling absorption, or any absorption event, and they only trigger at bar close to avoid noise.
Pine Script® indicator
by profitprotrading
1
INSTITUTIONAL VOLUME PROFILE + FIBONACCI + ENHANCED SIGNALS🎯 INSTITUTIONAL VOLUME PROFILE + FIBONACCI + ENHANCED SIGNALS A professional-grade indicator combining Volume Profile analysis, Fibonacci retracements, Anchored VWAP, and intelligent signal filtering to identify high-probability institutional positioning and trade setups. 📊 CORE FEATURES ▸ Volume Profile with POC (Point of Control) - Visualizes where institutional volume accumulated - Identifies High Volume Nodes (HVN) as key support/resistance - Shows Value Area (70% volume zone) for market equilibrium ▸ Dynamic Fibonacci Levels - Auto-detects swing high/low for retracement levels - Golden Pocket (0.618-0.65) highlight zone - Bull/bear direction recognition ▸ Anchored VWAP - Anchored to swing range start - Institutional mean reversion baseline - Real-time trend bias indicator ▸ Graded Signal System (A+/B/C) - A+ Signals: High probability setups (VWAP cross + POC alignment) - B Signals: Above-average quality (VWAP cross above POC) - C Signals: Lower probability (counter-trend setups) 🎮 DISPLAY MODES ⚡ TRADING LIVE MODE - Clean chart showing only A+ signals - Minimal visual noise for active trading - Perfect for intraday execution 📈 FULL OVERVIEW MODE - Complete analysis with all zones visible - Volume Profile + Fibonacci + Value Area - All signal grades displayed - Statistics dashboard 🔬 ADVANCED SIGNAL FILTERS ✓ Volume Confirmation - Requires above-average volume on signals - Filters out weak institutional participation - Configurable volume multiple (default 1.2x) ✓ Momentum Filter - Ensures price momentum aligns with signal direction - Prevents counter-trend entries - Configurable lookback period ✓ SR Proximity Upgrade ⭐ GAME CHANGER - Automatically upgrades B/C signals to A+ when near key levels - Detects proximity to POC and HVN zones - Combines technical confluence for best setups 🔔 SMART ALERTS ▸ Configurable alerts for A+, B, or C signals ▸ Real-time notifications to your device ▸ No need to watch charts constantly ▸ "Once per bar close" prevents repainting 💡 HOW TO USE FOR DAY TRADING: 1. Switch to "Trading Live" mode 2. Enable only A+ alerts 3. Set filters: Volume 1.5x, Momentum ON, Proximity 0.3% 4. Trade only A+ signals at key levels FOR SWING TRADING: 1. Use "Full Overview" mode 2. Analyze Value Area and Fibonacci confluence 3. Set filters: Volume 1.2x, Momentum ON, Proximity 0.8% 4. Enter on A+ signals with multi-timeframe confirmation FOR ANALYSIS: 1. Full Overview mode with all visuals enabled 2. Disable filters to see all raw signals 3. Study how institutions positioned at key zones 4. Plan trades around POC and Value Area ⚙️ RECOMMENDED SETTINGS 5-15 MIN CHARTS (Scalping): - Lookback: 200-300 bars - Volume: 1.5x, Momentum: 5 bars, Proximity: 0.3% - Trading Live mode + A+ alerts only 1 HOUR CHARTS (Intraday): - Lookback: 300 bars - Volume: 1.3x, Momentum: 3 bars, Proximity: 0.5% - Full Overview or Trading Live 4 HOUR CHARTS (Swing): - Lookback: 300-500 bars - Volume: 1.2x, Momentum: 3 bars, Proximity: 0.8% - Full Overview mode DAILY CHARTS (Position): - Lookback: 300-500 bars - Volume: 1.1x, Momentum: 2 bars, Proximity: 1.0% - Full Overview mode 📈 KEY CONCEPTS POC (Point of Control): Price level with highest volume - acts as magnet Value Area: Zone containing 70% of volume - equilibrium range HVN: High Volume Nodes - institutional accumulation zones AVWAP: Anchored VWAP - institutional average entry price Golden Pocket: 0.618-0.65 Fib zone - highest probability reversal area 🎯 TRADING STRATEGY TIPS 1. Wait for A+ signals - quality over quantity 2. Best setups occur at POC or Value Area boundaries 3. Use multiple timeframes for confirmation 4. Combine with your own risk management rules 5. Signals are high probability, not guaranteed - always use stops
Pine Script® indicator
by TheHeikinAshitrader
X-trend Volume Anomaly 📊 X-TREND Volume Anomaly: Advanced VSA Analysis Effective market analysis requires understanding the relationship between Price Action and Volume. X-Trend Volume Anomaly is a technical instrument that simplifies Volume Spread Analysis (VSA) into a clear, visual system. It allows traders to instantly decode the footprint of "Smart Money" by analyzing the correlation between Relative Volume (RVOL) and Candle Range. The algorithm automatically classifies market behavior into three distinct states: 1. 🟢🔴 Impulse (Trend Validation) Logic: High Relative Volume + High Price Range. Interpretation: Represents genuine market intent. Institutional aggregators are aggressively pushing price. This confirms the validity of a breakout or trend continuation. 2. 🟠 Absorption / Churn (Reversal Warning) Logic: Ultra-High Relative Volume + Low Price Range (Doji, Pin-bar). Interpretation: The critical signal. This indicates a major divergence between Effort (Volume) and Result (Price Movement). Large players are absorbing liquidity via limit orders, halting the trend. This is often a precursor to an immediate reversal. (See the Orange candle in the chart examples). 3. 👻 Ghost Mode (Noise Reduction) Logic: Candles with low/insignificant volume are rendered in a transparent gray scale. Utility: Eliminates visual noise, allowing the trader to focus exclusively on significant liquidity events and institutional activity. ⚙️ SYSTEM SYNERGY While this indicator provides robust standalone volume analysis, it is engineered to function as the Volume Confirmation Layer within the X-Trend Ecosystem. For a complete institutional trading setup, we recommend pairing this tool with: X-Trend Reversal (PRO): For precise, non-repainting entry signals. X-Trend Liquidation Heatmap: For identifying high-probability price targets.
Pine Script® indicator
by Dev0880
FVG 15 min PilotOverview This indicator implements a fully automated FVG (Fair Value Gap) rejection trading strategy with precise entry management, session limitation, and performance tracking. The indicator identifies fair value gaps, waits for the first tap into the 0.79 level, and automatically accepts entries with a fixed stop loss and an adjustable risk-reward ratio. Overview This indicator implements a fully automated FVG (Fair Value Gap) rejection trading strategy with precise entry management, session limitation, and performance tracking. The indicator detects fair value gaps, waits for the first tap into the 0.79 level, and automatically accepts entries with a fixed stop loss and an adjustable risk-reward ratio. ... Core Trading Logic Entry Conditions For LONG (Bullish FVG Rejection): A bullish FVG must exist (upward price gap) FVG must not be older than X candles (default: 20) FVG must not be larger than X ticks (default: 50) FVG must not have been tapped (not even before the trading session) Price must touch the 0.79 level of the FVG Entry occurs exactly at the 0.79 level (79% of the lower to the upper edge of the FVG) SL is placed X ticks below the entry (default: 25) TP is calculated based on a risk:reward ratio (default: 1:1) For SHORT (Bearish FVG Rejection): Identical logic to bearish FVGs Entry at the 0.79 level (79% of the upper to the lower edge) SL X ticks above the entry TP is calculated based on a risk:reward ratio
Pine Script® indicator
by nocobra
UNDETECTED FX - 250 Pip LevelsIndicator Description – UNDETECTED FX: 250-Pip Psychological Levels This indicator automatically plots major 250-pip psychological levels on XAUUSD and highlights the price zones around them. These levels act as strong reaction points where liquidity, reversals, and institutional activity commonly occur. What the Indicator Does ✔ Plots every 250-pip level starting from a user-defined base (e.g., 4050 → 4075 → 4100 → 4125 → …) ✔ Each level is represented by a thick black horizontal line for maximum visual clarity ✔ Around every 250-pip level, the indicator draws a liquidity zone Top of zone: +200 pips Bottom of zone: –200 pips (configured as ± zoneHalf in settings) ✔ Uses extend: both, so levels stretch across the entire chart and stay fixed, no matter how far you scroll ✔ Zones are filled with a customizable color for clear premium/discount visualization ✔ The indicator never repaints and requires no updates after drawing — all levels are fixed on their price coordinates Why It’s Useful 🔹 Helps quickly identify institutional levels where gold often reacts 🔹 Acts as a framework for scalping, intraday trading, and swing bias 🔹 Makes it easy to spot liquidity sweeps, rejections, and premium/discount areas 🔹 Clearly shows market structure breaks around key psychological levels 🔹 Forces discipline by creating predefined, fixed levels for trading decisions Best Use Case XAUUSD scalpers Intraday traders who rely on precision entries Traders who use psychological levels, liquidity grabs, or smart-money concepts Anyone wanting a clean, non-cluttered chart with high-impact levels only
Pine Script® indicator
by Undetectedd
RSI+Breadth Multi-Factor# RSI+ Breadth Multi-Factor Indicator **Multi-factor scoring system for US market timing | 美股多因子择时评分系统** [! (img.shields.io)](www.tradingview.com) [! (img.shields.io)](www.tradingview.com) [! (img.shields.io)](LICENSE) --- ## Overview | 概述 A quantitative indicator that combines **RSI**, **market breadth** (% above 20/50-day MA), and **up/down volume ratio** to generate actionable buy/sell signals for SPY, QQQ, and IWM. 这是一个结合 **RSI**、**市场广度**（站上20/50日均线比例）和 **涨跌成交量比** 的量化指标，为 SPY、QQQ 和 IWM 生成可操作的买卖信号。 --- ## Features | 功能特点 | Feature | 功能 | |---------|------| | 🎯 Multi-factor scoring (-10 to +10) | 多因子评分系统 (-10 到 +10) | | 📊 RSI + Breadth + Volume integration | RSI + 广度 + 成交量三重验证 | | 🔀 Three markets: SPY, QQQ, IWM | 三大市场：SPY、QQQ、IWM | | 🔥 Cross-market resonance detection | 跨市场共振信号检测 | | 📈 Trend filter (MA-based) | 趋势过滤（均线判断） | | ⏰ Auto-adapts to intraday timeframes | 自动适配日内时间周期 | | 🎚️ Three modes: Aggressive/Standard/Conservative | 三种模式：激进/标准/保守 | --- ## Signal Reference | 信号说明 | Score | Emoji | Signal | 中文 | Action | |:-----:|:-----:|--------|:----:|--------| | ≥ 6 | 🚀 | **PANIC LOW** | 恐慌低点 | Strong buy 强烈买入 | | ≥ 4 | 📈 | **BUY ZONE** | 低吸区 | Accumulate 分批建仓 | | -3~3 | - | **HOLD** | 持有 | Hold position 持仓观望 | | ≤ -4↑ | ⭐ | **ELEVATED** | 高估 | Hold cautious 持有但谨慎 | | ≤ -4↓ | ⚡ | **CAUTION** | 观望 | Take profit 止盈 | | ≤ -6↓ | ⚠️ | **REDUCE** | 减仓 | Reduce position 减少仓位 | > **↑ = Uptrend** (price > MA) | **↓ = Downtrend** (price < MA) ### Resonance Signals | 共振信号 | Emoji | Signal | Description | |:-----:|--------|-------------| | 🔥 | Resonance Buy | Multiple markets in buy zone 多市场同时低吸 | | ❄️ | Resonance Risk | Multiple markets in risk zone 多市场同时高估 | --- ## Scoring Logic | 评分逻辑 ### Factors | 因子 | Factor | Weight | Buy Score | Sell Score | |--------|--------|-----------|------------| | **RSI** | 1x | RSI < 30 → +2, < 40 → +1 | RSI > 75 → -2, > 65 → -1 | | **FI (50D MA%)** | Bottom focus | < 25% → +3, < 35% → +2 | > 85% → -2, > 78% → -1 | | **TW (20D MA%)** | Top focus | < 30% → +1 | > 82% → -3, > 72% → -2 | | **Volume Ratio** | 1x | UVOL/DVOL < 0.5 → +2 | > 2.5 → -2 | ### Breadth Symbols | 广度数据 | Market | TW Symbol | FI Symbol | Volume | |--------|-----------|-----------|--------| | SPY (S&P 500) | INDEX:S5TW | INDEX:S5FI | USI:UVOL/DVOL | | QQQ (NASDAQ) | INDEX:NCTW | INDEX:NCFI | USI:UVOLQ/DVOLQ | | IWM (Russell 2000) | INDEX:R2TW | INDEX:R2FI | USI:UVOL/DVOL | --- ## Settings | 设置说明 ### Mode | 模式 - **Aggressive**: Lower thresholds, shorter cooldown (5 bars) - **Standard**: Balanced defaults (10 bar cooldown) - **Conservative**: Higher thresholds, longer cooldown (15 bars) ### Key Parameters | 关键参数 | Parameter | Default | Description | |-----------|---------|-------------| | RSI Length | 14 | RSI calculation period | | Trend MA Length | 10 | MA for trend filter | | Cooldown Bars | 10 | Min bars between same signals | | Resonance Window | 3 | Bars to check for multi-market agreement | | Min Markets | 2 | # of markets needed for resonance | --- ## Usage | 使用方法 ### Installation | 安装 1. Copy the indicator code 2. In TradingView: **Pine Editor** → **New** → Paste code → **Add to Chart** ### Recommended Setup | 推荐设置 - **Timeframe**: Daily (D) for best accuracy | 推荐日线图 - **Markets**: Apply on SPY, QQQ, or IWM | 应用于SPY/QQQ/IWM - **Mode**: Start with "Standard" | 建议从"标准"模式开始 ### Intraday Mode | 日内模式 The indicator automatically detects intraday timeframes and adjusts: - Uses only RSI + Volume factors (TW/FI are daily-only data) - Lowers signal thresholds accordingly 指标会自动检测日内周期并调整： - 仅使用 RSI + 成交量因子（TW/FI 仅有日线数据） - 相应降低信号触发阈值 --- ## Dashboard | 仪表盘 Displays real-time factor breakdown: ``` ┌────────┬───────┬────────┐ │ Factor │ Score │ Weight │ ├────────┼───────┼────────┤ │ RSI │ 1.0 │ 1x │ │ FI(50D)│ 2.0 │ Bottom │ │ TW(20D)│ -1.0 │ Top │ │ Vol │ 1.0 │ 1x │ │ Trend │ ↑ │ 10MA │ ├────────┼───────┼────────┤ │ Total │ 3.0 │ HOLD │ └────────┴───────┴────────┘ ``` --- ## Alerts | 警报 Available alerts for each market (SPY/QQQ/IWM): - Panic Low / Buy Zone (entry signals) - Reduce / Caution (exit signals) - Resonance Buy / Risk (cross-market confirmation) 每个市场（SPY/QQQ/IWM）可设置以下警报： - 恐慌低点 / 低吸区（入场信号） - 减仓 / 观望（出场信号） - 共振买入 / 风险（跨市场确认） --- ## Trend Filter | 趋势过滤 **Key feature**: Risk signals (CAUTION/REDUCE) only trigger when **price is below the trend MA**. When price is above MA (uptrend), the indicator shows **ELEVATED** ⭐ instead, preventing premature exits during strong rallies. **核心功能**：风险信号（观望/减仓）仅在 **价格跌破趋势均线** 时触发。 当价格在均线之上（上升趋势）时，指标显示 **高估** ⭐，避免在强势上涨中过早离场。 --- ## Disclaimer | 免责声明 This indicator is for **educational and informational purposes only**. It is not financial advice. Past performance does not guarantee future results. Always do your own research and consider your risk tolerance before trading. 本指标仅供 **教育和参考用途**，不构成投资建议。历史表现不代表未来收益。交易前请自行研究并考虑风险承受能力。 --- ## License | 许可 MIT License - Free to use and modify with attribution. MIT 许可证 - 可自由使用和修改，请注明出处。 --- ## Author | 作者 Built with ❤️ for the trading community. 为交易社区精心打造 ❤️
Pine Script® indicator
by aaajiao
Custom Monthly Volume Profile [Multi-Timeframe]This indicator renders a high-precision Monthly Volume Profile designed for intraday traders and practitioners of Auction Market Theory. Unlike standard volume profiles, this script utilizes Multi-Timeframe (MTF) data request capability to build the profile from lower timeframe data (e.g., 5-minute bars) while displaying it on your trading timeframe. This tool is optimized to keep your chart clean while providing critical developing levels (POC, VAH, VAL) and historical context from the previous month. Key Features: 1. Dynamic "Auto-Scaling" Width One of the biggest issues with monthly profiles is visual clutter. Early Month: The profile starts wide (default 10% width) so you can clearly see the developing structure when data is scarce. Late Month: As volume accumulates, the profile automatically shrinks (scales down to 2% width) to prevent the histogram from obscuring price action. Note: This can be toggled off for a static width. 2. Developing & Static Levels Current Month: Displays real-time Developing Point of Control (dPOC), Value Area High (dVAH), and Value Area Low (dVAL). Previous Month: Automatically locks in the levels from the previous month at the close, providing immediate support/resistance references for the new month. 3. Time-Filtered Alerts Avoid waking up to notifications during low-volume overnight sessions. This script includes a Session Filter (Default: 0830-1500). Alerts for crossing POC, VAH, or VAL will only trigger if the price cross occurs within the user-defined time window. 4. Calculation Precision Multi-Timeframe Data: The profile is built using lower timeframe data (Input: Calculation Precision) rather than just the current chart bars. This ensures the Volume Profile shape remains accurate even when viewing higher timeframes. Row Size: Fully adjustable "Tick/Row Size" to control the resolution of the volume buckets. Settings Overview: Calculation Precision: Determine the granularity of the data (e.g., "5" for 5-minute data). Row Size: Controls vertical resolution (Lower = higher detail). Value Area %: Standard 70% default, fully adjustable. Auto-Width: Set the Start % (Day 1) and End % (Day 31). Alerts: Toggle Current or Previous month alerts and define the active time session. Visual Customization: Customize colors for the Histogram (Value Area vs. Outer Area). Customize line width and colors for POC, VAH, and VAL. Supports Right or Left alignment. Disclaimer: This tool is for informational purposes only. Past performance and volume levels do not guarantee future price action.
Pine Script® indicator
by tantankatrading
Parabolic SAR (PSAR) - Basit//@version=5 indicator("Parabolic SAR (PSAR) - Basit", overlay=true) start = input.float(0.02, "Start (Step)", step=0.01) increment = input.float(0.02, "Increment", step=0.01) maximum = input.float(0.2, "Maximum", step=0.01) showDots = input.bool(true, "Dotları Göster") showLine = input.bool(false, "PSAR Çizgisi Göster") bgTrend = input.bool(true, "Arka planı trende göre renklendir") psar = ta.sar(start, increment, maxim bull = close > psar bear = close < psar psarColor = bull ? color.green : color. plot(showLine ? psar : na, title="PSAR Line", color=psarColor, linewi plotshape(showDots and bull, title="PSAR Bull Dot", location=location.belowbar, style=shape.circle, size=size.tiny, color=color.green) plotshape(showDots and bear, title="PSAR Bear Dot", location=location.abovebar, style=shape.circle, size=size.tiny, color=color.red) bgcolor(bgTrend ? (bull ? color.new(color.green, 90) : color.new(color.red, 90)) : n buySignal = ta.crossover(close, psar) sellSignal = ta.crossunder(close, psa plotshape(buySignal, title="AL Sinyali", location=location.belowbar, style=shape.triangleup, size=size.small, color=color.green) plotshape(sellSignal, title="SAT Sinyali", location=location.abovebar, style=shape.triangledown, size=size.small, color=color.red) alertcondition(buySignal, title="AL (PSAR flip)", message="PSAR flip: AL sinyali") alertcondition(sellSignal, title="SAT (PSAR flip)", message="PSAR flip: SAT sinyali")
Pine Script® indicator
by ARMAGAN007
Smart WhaleOverview The Smart Whale Breakout System is a pure momentum strategy designed for Swing Traders who want to capture high-probability breakouts while managing risk with a mechanical trailing stop. Unlike indicators that try to guess "bottoms," this system follows the "Smart Money" approach: buying strength when institutional volume enters, and riding the trend until the momentum breaks. How it Works 1. The Entry (The Hunter) The system identifies a valid BREAKOUT signal only when four specific conditions align: Trend Filter: Price must be above the 150 SMA. We only trade with the long-term trend. Momentum: RSI > 50. Ensuring bulls are in control. Volume Spike (Whale Activity): Current volume must be significantly higher than the average (Default: 1.5x). This filters out weak retail moves. Price Action: A bullish candle closing higher than it opened. 2. The Exit (The Manager) Once in a trade, the system activates a dynamic Trailing Stop line. You never have to guess when to sell. You can choose between two exit logic modes in the settings: ATR Trailing (Default): Adapts to volatility. The stop moves up based on a multiple of the Average True Range (ATR). Great for volatile stocks (e.g., TSLA, NVDA). Percent Trailing: A fixed percentage drop from the highest high. (e.g., "Sell if price drops 10% from peak"). 3. The Context (Optional Filter) Squeeze Filter: Includes a built-in Bollinger/Keltner squeeze detection. If enabled in settings, the system will only signal a buy if the price recently broke out of a consolidation (squeeze). Default is OFF to catch all momentum moves. Key Features NO Repainting: Signals are confirmed at candle close. Visual Risk Management: A Red Trailing Stop line clearly shows where your invalidation point is. Fully Customizable: Adjust the Volume multiplier, ATR sensitivity, or Percentage drop to fit your asset class (Crypto/Stocks/Forex). Clean Visuals: Only colors the Breakout and Sell candles to keep your chart clean. Settings Guide Trend SMA Length: Define the long-term trend baseline (Default: 150). Volume Spike (xAvg): How much volume is needed to trigger a buy? (1.5 = 150% of average). Exit Method: Choose between "ATR Trailing" or "Percent Trailing". ATR Multiplier: Tighter stop (2.0) vs Looser stop (3.0). Require Squeeze?: Check this to filter for breakouts that only happen after a consolidation period. Disclaimer This tool is for educational purposes only. Always use proper risk management.
Pine Script® indicator
by yoni_ag
Relative Volume Bollinger Band % The Relative Volume Bollinger Band % indicator is a powerful tool designed for traders seeking insights into volume, Bollinger band and relative strength dynamics. This indicator assesses the deviation of a security's trading volume relative to the Bollinger band % indicator and the RSI moving average. Together, these shed light on potential zones of interests where market shifts have a high probability of occurring. Key Features: Period: Tailor the indicator's sensitivity by adjusting the period of the smooth moving average and/or the period of the Bollinger band. How it Works: Moving Average Calculation: The script computes the simple moving average (SMA) of the relative strength over a defined period. When the higher SMA (orange line) is in the top grey zone, the security is in a zone where it has a high probability of becoming bullish. When the higher SMA is in the lower grey zone, the security is in a zone where it has a high probability of becoming bearish. -Bollinger Band %: The script also computes the BB% which is primarily used to confirm overbought and oversold areas. When overbought, it turns white and remains white until the overbuying pressure is released indicating that the security is about to become bearish. The script indicates a bearish reversal when the BB% and RVOL bars are both red or when there are no more yellow RVOL bars, if present. When the BB% is<0 and rising, it will also appear white with yellow RVOL bars above. This is a good indication that bulls are beginning to enter buying positions. Confirmation here is indicated when the yellow RVOL bars change to green. Relative Volume: The indicator then also normalizes the difference volume to indicate areas of high and low volatility. This shows where higher than normal volumes are being traded and can be used as a good indication of when to enter or exit a trade when the above criterions are met. Visual Representation: The result is visually represented on the chart using columns. Bright green columns signify bullish relative volume values that are much greater than normal. Green columns signify bullish relative volume values that are significant. Red columns represent bearish values that are significant. Blue columns on the BB% indicator represent significant bullish buying in overbought areas. Red columns on the BB% indicator that are < 0 represent a bearish trend that is in an oversold area. This is there to prevent early entry into the market. Enhancements: Areas of Interest: Optionally, Areas of interest are represented by red, yellow and green circles on the higher SMA line, aiding in the identification of significant deviations.
Pine Script® indicator
by capableDealer16380
Golden Volume Lines📌 Golden Volume — Lines (Golden Team) Golden Volume — Lines is an advanced volume-based indicator that detects Ultra High Volume candles using a statistical percentile model, then automatically draws and tracks key price levels derived from those candles. The indicator highlights where real market interest and liquidity appear and shows how price reacts when those levels are broken. 🔍 How It Works Volume Measurement Choose between: Units (raw volume) Money (Volume × Average Price) Average price can be calculated using HL2 or OHLC4. Percentile-Based Classification Volume is classified into: Medium High Ultra High Volume Thresholds are calculated using a rolling percentile window. Ultra Volume candles are colored orange. Dynamic High & Low Levels For every Ultra Volume candle: A High and Low dotted line is drawn. Lines extend to the right until price breaks them. Smart Line Break Detection (Wick-Based) A line is considered broken when price wicks through it. When a break occurs: 🟧 Orange line → broken by an Ultra Volume candle ⚪ White line → broken by a normal candle The line stops exactly at the breaking candle. 🔔 Alerts Alert on Ultra High Volume candles Alert when a High or Low line is broken Separate alerts for: Break by Ultra Volume candle Break by Normal candle 🎯 Use Cases Breakout & continuation confirmation Liquidity sweep detection Volume-validated support & resistance Market reaction after extreme participation ⚙️ Key Inputs Volume display mode (Units / Money) Percentile thresholds Lookback window size Maximum number of active Ultra levels Optional dynamic alerts ⚠️ Disclaimer This indicator is a volume and market structure tool, not a standalone trading system. Always use proper risk management and additional confirmation.
Pine Script® indicator
by GoldenCryptoSignals
PEAD ScreenerPEAD Screener - Post-Earnings Announcement Drift Scanner ═══════════════════════════════════════════════════════════════ WHY EARNINGS ANNOUNCEMENTS CREATE OPPORTUNITY ═══════════════════════════════════════════════════════════════ The days immediately following an earnings announcement are among the noisiest periods for any stock. Within hours, the market must digest new information about a company's profits, revenue, and future outlook. Analysts scramble to update their models. Institutions rebalance positions. Retail traders react to headlines. This chaos creates a well-documented phenomenon called Post-Earnings Announcement Drift (PEAD): stocks that beat expectations tend to keep rising, while those that miss tend to keep falling - often for weeks after the initial announcement. Academic research has confirmed this pattern persists across decades and markets. But not every earnings surprise is equal. A company that beats estimates by 5 cents might move very differently than one that beats by 5 cents with unusually high volume, or one where both earnings AND revenue exceeded expectations. Raw numbers alone don't tell the full story. ═══════════════════════════════════════════════════════════════ HOW "STANDARDIZED UNEXPECTED" METRICS CUT THROUGH THE NOISE ═══════════════════════════════════════════════════════════════ This screener uses a statistical technique to measure how "surprising" a result truly is - not just whether it beat or missed, but how unusual that beat or miss was compared to the company's own history. The core idea: convert raw surprises into Z-scores. A Z-score answers the question: "How many standard deviations away from normal is this result?" - A Z-score of 0 means the result was exactly average - A Z-score of +2 means the result was unusually high (better than ~95% of historical results) - A Z-score of -2 means the result was unusually low By standardizing surprises this way, we can compare apples to apples. A small-cap biotech's $0.02 beat might actually be more significant than a mega-cap's $0.50 beat, once we account for each company's typical variability. This screener applies this standardization to three dimensions: earnings (SUE), revenue (SURGE), and volume (SUV). ═══════════════════════════════════════════════════════════════ THE 9 SCREENING CRITERIA ═══════════════════════════════════════════════════════════════ ───────────────────────────────────────── 1. SUE (Standardized Unexpected Earnings) ───────────────────────────────────────── WHAT IT IS: SUE measures how surprising an earnings result was, adjusted for the company's historical forecast accuracy. Calculation: Take the earnings surprise (actual EPS minus analyst estimate), then divide by the standard deviation of past forecast errors. This uses a rolling window of the last 8 quarters by default. Formula: SUE = (Actual EPS - Estimated EPS) / Standard Deviation of Past Errors HOW TO INTERPRET: - SUE > +2.0: Strongly positive surprise - earnings beat expectations by an unusually large margin. These stocks often continue drifting higher. - SUE between 0 and +2.0: Modest positive surprise - beat expectations, but within normal range. - SUE between -2.0 and 0: Modest negative surprise - missed expectations, but within normal range. - SUE < -2.0: Strongly negative surprise - significant miss. These stocks often continue drifting lower. For long positions, look for SUE values above +2.0, ideally combined with positive SURGE. ───────────────────────────────────────── 2. SURGE (Standardized Unexpected Revenue) ───────────────────────────────────────── WHAT IT IS: SURGE applies the same standardization technique to revenue surprises. While earnings can be manipulated through accounting choices, revenue is harder to fake - it represents actual sales. Calculation: Take the revenue surprise (actual revenue minus analyst estimate), then divide by the standard deviation of past revenue forecast errors. Formula: SURGE = (Actual Revenue - Estimated Revenue) / Standard Deviation of Past Errors HOW TO INTERPRET: - SURGE > +1.5: Strongly positive revenue surprise - the company sold significantly more than expected. - SURGE between 0 and +1.5: Modest positive surprise. - SURGE < 0: Revenue missed expectations. The most powerful signals occur when BOTH SUE and SURGE are positive and elevated (ideally SUE > 2.0 AND SURGE > 1.5). This indicates the company beat on both profitability AND top-line growth - a much stronger signal than either alone. When SUE and SURGE diverge significantly (e.g., high SUE but negative SURGE), treat with caution - the earnings beat may have come from cost-cutting rather than genuine growth. ───────────────────────────────────────── 3. SUV (Standardized Unexpected Volume) ───────────────────────────────────────── WHAT IT IS: SUV detects unusual trading volume after accounting for how volatile the stock is. More volatile stocks naturally have higher volume, so raw volume comparisons can be misleading. Calculation: This uses regression analysis to model the expected relationship between price volatility and volume. The "unexpected" volume is the residual - how much actual volume deviated from what the model predicted. This residual is then standardized into a Z-score. In plain terms: SUV asks "Given how much this stock typically moves, is today's volume unusually high or low?" HOW TO INTERPRET: - SUV > +2.0: Exceptionally high volume relative to the stock's volatility. This often signals institutional activity - big players moving in or out. - SUV between +1.0 and +2.0: Elevated volume - above normal interest. - SUV between -1.0 and +1.0: Normal volume range. - SUV < -1.0: Unusually quiet - less activity than expected. High SUV combined with positive price movement suggests accumulation (buying). High SUV combined with negative price movement suggests distribution (selling). ───────────────────────────────────────── 4. % From D0 Close ───────────────────────────────────────── WHAT IT IS: This measures how far the current price has moved from the closing price on its initial earnings reaction day (D0). The "reaction day" is the first trading day that fully reflects the earnings news - typically the day after an after-hours announcement, or the announcement day itself for pre-market releases. Calculation: ((Current Price - D0 Close) / D0 Close) × 100 HOW TO INTERPRET: - Positive values: Stock has gained ground since earnings. The higher the percentage, the stronger the post-earnings drift. - 0% to +5%: Modest positive drift - earnings were received well but momentum is limited. - +5% to +15%: Strong drift - buyers continue accumulating. - > +15%: Exceptional drift - significant institutional interest likely. - Negative values: Stock has given back gains or extended losses since earnings. May indicate the initial reaction was overdone, or that sentiment is deteriorating. This metric is most meaningful within the first 5-20 trading days after earnings. Extended drift (maintaining gains over 2+ weeks) is a stronger signal than a quick spike that fades. ───────────────────────────────────────── 5. # Pocket Pivots ───────────────────────────────────────── WHAT IT IS: Pocket Pivots are a volume-based pattern developed by Chris Kacher and Gil Morales. They identify days where institutional buyers are likely accumulating shares without causing obvious breakouts. Calculation: A Pocket Pivot occurs when: - The stock closes higher than it opened (up day) - The stock closes higher than the previous day's close - Today's volume exceeds the highest down-day volume of the prior 10 trading sessions The screener counts how many Pocket Pivots have occurred since the earnings announcement. HOW TO INTERPRET: - 0 Pocket Pivots: No detected institutional accumulation patterns since earnings. - 1-2 Pocket Pivots: Some institutional buying interest - worth monitoring. - 3+ Pocket Pivots: Strong accumulation signal - institutions appear to be building positions. Pocket Pivots are most significant when they occur: - Immediately following earnings announcements - Near moving average support (10-day, 21-day, or 50-day) - On above-average volume - After a period of price consolidation Multiple Pocket Pivots in a short period suggest sustained institutional demand, not just a one-day event. ───────────────────────────────────────── 6. ADX/DI (Trend Strength and Direction) ───────────────────────────────────────── WHAT IT IS: ADX (Average Directional Index) measures trend strength regardless of direction. DI (Directional Indicator) shows whether the trend is bullish or bearish. Calculation: ADX uses a 14-period lookback to measure how directional (trending) price movement is. Values range from 0 to 100. The +DI and -DI components compare upward and downward movement. The screener shows: - ADX value (trend strength) - Direction indicator: "+" for bullish (price trending up), "-" for bearish (price trending down) HOW TO INTERPRET: - ADX < 20: Weak trend - the stock is moving sideways, choppy. Not ideal for momentum trading. - ADX 20-25: Trend is emerging - potentially starting a directional move. - ADX 25-40: Strong trend - clear directional movement. Good for momentum plays. - ADX > 40: Very strong trend - powerful move in progress, but may be extended. The direction indicator (+/-) tells you which way: - "25+" means ADX of 25 with bullish direction (uptrend) - "25-" means ADX of 25 with bearish direction (downtrend) For post-earnings plays, ideal setups show ADX rising above 25 with positive direction, confirming the earnings reaction is developing into a sustained trend rather than a one-day spike. ───────────────────────────────────────── 7. Institutional Buying PASS ───────────────────────────────────────── WHAT IT IS: This proprietary composite indicator detects patterns consistent with institutional accumulation at three stages after earnings: EARLY (Days 0-4): Looks for "large block" buying on the earnings reaction day (exceptionally high volume with a close in the upper half of the day's range) combined with follow-through buying on the next day. MID (Days 5-9): Checks for sustained elevated volume (averaging 1.5x the 20-day average) combined with positive drift and consistent upward price movement (more up days than down days). LATE (Days 10+): Detects either visible accumulation (positive drift with high volume) OR stealth accumulation (positive drift with unusually LOW volume - suggesting smart money is quietly building positions without attracting attention). HOW TO INTERPRET: - Check mark/value of '1': Institutional buying pattern detected. The stock shows characteristics consistent with large players accumulating shares. - X mark/value of '0': No institutional buying pattern detected. This doesn't mean institutions aren't buying - just that the typical footprints aren't visible. A passing grade here adds conviction to other bullish signals. Institutions have research teams, information advantages, and long time horizons. When their footprints appear in the data, it often precedes sustained moves. Important: This is a pattern detection tool, not a guarantee. Always combine with other analysis. ───────────────────────────────────────── 8. Strong ATR Drift PASS ───────────────────────────────────────── WHAT IT IS: This measures whether the stock has drifted significantly relative to its own volatility. Instead of asking "did it move 10%?", it asks "did it move more than 1.5 ATRs?" ATR (Average True Range) measures a stock's typical daily movement. A volatile stock might move 5% daily, while a stable stock might move 0.5%. Using ATR normalizes for this difference. Calculation: ATR Drift = (Current Close - D0 Close) / D0 ATR in dollars The indicator passes when ATR Drift exceeds 1.5 AND at least 5 days have passed since earnings. HOW TO INTERPRET: - Check mark/value of '1': The stock has drifted more than 1.5 times its average daily range since earnings - a statistically significant move that suggests genuine momentum, not just noise. - X mark/value of '0': The drift (if any) is within normal volatility bounds - could just be random fluctuation. Why wait 5 days? The immediate post-earnings reaction (days 0-2) often includes gap fills and noise. By day 5, if the stock is still extended beyond 1.5 ATRs from the earnings close, it suggests real buying pressure, not just a reflexive gap. A passing grade here helps filter out stocks that "beat earnings" but haven't actually moved meaningfully. It focuses attention on stocks where the market is voting with real capital. ───────────────────────────────────────── 9. Days Since D0 ───────────────────────────────────────── WHAT IT IS: Simply counts the number of trading days since the earnings reaction day (D0). HOW TO INTERPRET: - Days 0-5 (Green): Fresh earnings - the information is new, institutional repositioning is active, and momentum trades are most potent. This is the "sweet spot" for PEAD strategies. - Days 6-10 (Neutral): Mid-period - some edge remains but diminishing. Good for adding to winning positions, less ideal for new entries. - Days 11+ (Red): Extended period - most of the post-earnings drift has typically played out. Higher risk that momentum fades or reverses. Research shows PEAD effects are strongest in the first 5-10 days after earnings, then decay. Beyond 20-30 days, the informational advantage of the earnings surprise is largely priced in. Use this to prioritize: focus on stocks with strong signals that are still in the early window, and be more selective about entries as days accumulate. ═══════════════════════════════════════════════════════════════ PUTTING IT ALL TOGETHER ═══════════════════════════════════════════════════════════════ You can use this screener in the chart view or in the Screener. One combination of the above filters to develop a shortlist of positive drift candidates may be: - SUE > 2.0 (significant earnings beat) - SURGE > 1.5 (significant revenue beat) - Positive % From D0 Close (price confirming the good news) - Institutional Buying PASS (big players accumulating) - Strong ATR Drift PASS (statistically significant movement) - Days Since D0 < 10 (still in the active drift window) No single indicator is sufficient. The power comes from convergence - when multiple independent measures all point the same direction. ═══════════════════════════════════════════════════════════════ SETTINGS ═══════════════════════════════════════════════════════════════ Key adjustable parameters: - SUE Method: "Analyst-based" uses consensus estimates; "Time-series" uses year-over-year comparison - Window Size: Number of quarters used for standardization (default: 8) - ATR Drift Threshold: Minimum ATR multiple for "strong" classification (default: 1.5) - Institutional Buying thresholds: Adjustable volume and CLV parameters ═══════════════════════════════════════════════════════════════ DISCLAIMER ═══════════════════════════════════════════════════════════════ This screener is a research tool, not financial advice. Past patterns do not guarantee future results. Always conduct your own due diligence and manage risk appropriately. Post-earnings trading involves significant uncertainty and volatility. The 'SUE' in this indicator does not represent a real person; any similarity to actual Sue's (or Susans for that matter) living or dead is quite frankly ridiculous, not to mention coincidental.
Pine Script® indicator
by mericourt
VR Volume Ratio + Divergence (Pro)成交量比率 (Volume Ratio, VR) 是一項通過分析股價上漲與下跌日的成交量，來研判市場資金氣氛的技術指標。本腳本基於傳統 VR 公式進行了優化，增加了**「趨勢變色」與「自動背離偵測」**功能，幫助交易者更精準地捕捉量價轉折點。 Introduction Volume Ratio (VR) is a technical indicator that measures the strength of a trend by comparing the volume on up-days versus down-days. This script enhances the classic VR formula with "Trend Color Coding" and "Auto-Divergence Detection", helping traders identify volume-price reversals more accurately. 核心功能與參數 公式原理： VR = (Qu + Qf/2) / (Qd + Qf/2) * 100 Qu: 上漲日成交量 (Up volume) Qd: 下跌日成交量 (Down volume) Qf: 平盤日成交量 (Flat volume) 參數 (Length)：預設為 26 日，這是市場公認最有效的短中線參數。 關鍵水位線 (Key Levels)： < 40% (底部區)：量縮極致，市場情緒冰點，常對應股價底部，適合尋找買點。 100% (中軸)：多空分界線。 > 260% (多頭警戒)：進入強勢多頭行情，但需注意過熱。 > 450% (頭部區)：成交量過大，市場情緒亢奮，通常為頭部訊號。 視覺優化 (Visuals)： 紅漲綠跌：當 VR 數值大於前一日顯示為紅色（動能增強）；小於前一日顯示為綠色（動能退潮）。 背離訊號 (Divergence)：自動標記量價背離。 ▲ 底背離 (Bullish)：股價創新低，但 VR 指標墊高（主力吸籌）。 ▼ 頂背離 (Bearish)：股價創新高，但 VR 指標走弱（買氣衰竭）。 Features & Settings Formula Logic: Calculated as VR = (Qu + Qf/2) / (Qd + Qf/2) * 100. Default Length: 26, widely regarded as the optimal setting for short-to-medium term analysis. Key Zones: < 40% (Oversold/Bottom): Extreme low volume, often indicating a market bottom and potential buying opportunity. 100% (Neutral): The balance point between bulls and bears. > 260% (Bullish Zone): Strong uptrend, volume is expanding. > 450% (Overbought/Top): Extreme high volume, often indicating a market top and potential reversal. Visual Enhancements: Color Coding: Line turns Red when VR rises (Momentum Up) and Green when VR falls (Momentum Down). Divergence Signals: Automatically marks divergence points on the chart. ▲ Bullish Divergence: Price makes a lower low, but VR makes a higher low (Accumulation). ▼ Bearish Divergence: Price makes a higher high, but VR makes a lower high (Distribution). 應用策略建議 抄底策略：當 VR 跌破 40% 後，指標線由綠翻紅，或出現「▲底背離」訊號時，為極佳的波段進場點。 逃頂策略：當 VR 衝過 450% 進入高檔區，一旦指標線由紅翻綠，或出現「▼頂背離」訊號時，建議分批獲利了結。 Strategy Guide Bottom Fishing: Look for entries when VR drops below 40% and turns red, or when a "▲ Bullish Divergence" label appears. Taking Profit: Consider selling when VR exceeds 450% and turns green, or when a "▼ Bearish Divergence" label appears. Disclaimer: This tool is for informational purposes only and does not constitute financial advice. / 本腳本僅供參考，不構成投資建議。
Pine Script® indicator
by jumbozip
Colby Cheese VWAP Setup [v2.0]🔧 Core Refactors • Imbalance function fixed: • Removed invalid usage. • Now uses for past bar references. • Bias checks are handled outside the function with proper series indexing. • Bias alignment: • Added and so CHoCH signals only fire when price change agrees with EMA bias. • Swing reset: • After a valid CHoCH, and reset to so stale levels don’t keep firing. • Line/label management: • CHoCH lines and labels now reuse persistent IDs (, ) instead of spamming new objects every trigger. ✨ New Features • Anticipation mode: • Blue “Anticipate” lines/labels drawn when delta + bias align before CHoCH confirmation. • Helps you see potential setups earlier. • Entry zone lines: • Solid green/red lines drawn at entry levels when is enabled. • Separate from FRVP dashed zones. • Stop‑loss lines: • Orange dotted lines drawn opposite the entry zone when is enabled. • Gives a visual risk marker. 🎨 Visual Consistency • Candle coloring simplified: white candles only when CHoCH triggers. • FRVP zones remain dashed lines with “Enter” labels. • Anticipation zones are blue solid lines. • Entry zones are solid green/red. • Stop‑loss lines are orange dotted.
Pine Script® indicator
by dscottmuller
GARCH Volume Volatility [MarkitTick]Title: GARCH Volume Volatility Description Overview The GARCH Volume Volatility (GV) indicator is a sophisticated quantitative tool designed to analyze the rate of change in market participation. While the vast majority of technical indicators focus on Price Volatility (how much price moves), this script focuses on Volume Volatility (how unstable the participation is). Market volume is rarely distributed evenly; it tends to cluster. Periods of high activity are often followed by more high activity, and periods of calm tend to persist. This behavior is known as "heteroskedasticity." This script utilizes an Exponentially Weighted Moving Average (EWMA) model—a core component of Generalized Autoregressive Conditional Heteroskedasticity (GARCH) frameworks—to model these changing variance regimes. By isolating volume volatility from raw volume data, this tool helps traders distinguish between sustainable liquidity flows and erratic, unsustainable volume shocks that often precede market reversals or breakouts. Methodology and Calculations 1. Logarithmic vs. Percentage Returns The foundation of this indicator is the calculation of "Volume Returns"—the period-over-period change in volume. - The script defaults to Logarithmic Returns. In financial statistics, log returns are preferred because they normalize data that can vary wildly in magnitude (such as cryptocurrency volume spikes), providing a more symmetric view of changes. - Users can opt for standard percentage changes if they prefer a linear approach. 2. Variance Proxy (Squared Returns) To measure volatility, the direction of the volume change (up or down) matters less than the magnitude. The script squares the returns to create a "Variance Proxy." This ensures that a massive drop in volume is treated with the same statistical weight as a massive spike in volume—both represent a significant change in the volatility of participation. 3. GARCH-Style Smoothing (EWMA) Standard Moving Averages (SMA) treat all data points in the lookback period equally. However, volatility is dynamic. This script uses an EWMA model with a tunable "Lambda" (Decay Factor). - The Recursive Formula: The current calculation relies on a weighted average of the current variance and the previous period's smoothed variance. - Memory Effect: This allows the indicator to "remember" recent volatility shocks while gradually letting their influence fade. This mimics the GARCH process of conditional variance. 4. Dynamic Statistical Thresholds The final output is the Volatility (square root of variance). To make this data actionable, the script calculates a dynamic upper and lower limit based on the standard deviation (Z-Score) of the volatility itself over a user-defined lookback period. How to Use The indicator plots a histogram that categorizes the market into four distinct volatility regimes: 1. High Volatility (Red Histogram) Trigger: Volatility > High Band (Upper Standard Deviation). Interpretation: This signals an extreme anomaly in volume stability. This is not just "high volume," but "erratic volume behavior." This often occurs at: - Capitulation bottoms (panic selling). - Euphoric tops (blow-off tops). - Major news events or earnings releases. 2. Elevated Volatility (Maroon Histogram) Trigger: Volatility > Mean Average. Interpretation: The market is in an active state. Participation is changing rapidly, but within statistically normal bounds. This is common during healthy, trending moves where new participants are entering the market steadily. 3. Normal/Low Volatility (Green Histogram) Trigger: Volatility is within the lower bands. Interpretation: The market volume is stable. There are no sudden shocks in participation. This is typical of consolidation phases or "creeping" trends where the price drifts without significant volume conviction. 4. Extremely Low Volatility (Bright Green/Transparent) Trigger: Volatility < Low Band. Interpretation: The "calm before the storm." When volume volatility collapses to near-zero, it implies that the market has reached a state of equilibrium or disinterest. Historically, volatility is cyclical; periods of extreme compression often lead to violent expansion. Settings and Configuration Core Settings - Use EWMA: When checked (Default), uses the recursive GARCH-style calculation. If unchecked, it reverts to a simple SMA of variance, which is less sensitive to recent shocks but more stable. - Log Returns: Uses natural log for calculations. Highly recommended for assets with exponential growth or large volume ranges. - Length: The baseline period for the calculation. - Threshold Lookback: The number of bars used to calculate the Mean and Standard Deviation bands. - EWMA Lambda: The decay factor (0.0 to 1.0). A value of 0.94 is standard for risk metrics. -- Higher Lambda (e.g., 0.98): The indicator reacts slower and is smoother (long memory). -- Lower Lambda (e.g., 0.80): The indicator reacts very fast to new data (short memory). Visuals - Show Thresholds: Toggles the visibility of the statistical bands on the chart. - High Band (StdDev): The multiplier for the upper warning zone. Default is 1.5 deviations. Increasing this to 2.0 or 3.0 will filter for only the most extreme events. Disclaimer This tool is for educational and technical analysis purposes only. Breakouts can fail (fake-outs), and past geometric patterns do not guarantee future price action. Always manage risk and use this tool in conjunction with other forms of analysis.
Pine Script® indicator
by MarkitTick
able FRVP Reversal# able FRVP Reversal - Complete User Guide ## 📌 Overview **able FRVP Reversal** is a professional-grade Volume Profile indicator with an integrated reversal detection system. It combines Fixed Range Volume Profile (FRVP) analysis with a confluence-based reversal scoring system to identify high-probability turning points at key volume levels. --- ## ✨ Key Features | Feature | Description | |---------|-------------| | **Session-Based Volume Profile** | Automatically resets at the beginning of each regular trading session | | **POC (Point of Control)** | Highest volume price level - strongest support/resistance | | **VAH (Value Area High)** | Upper boundary of the 70% value area - resistance zone | | **VAL (Value Area Low)** | Lower boundary of the 70% value area - support zone | | **Confluence Scoring System** | 5-point scoring system for reversal detection | | **Smart Cooldown** | Prevents signal spam with customizable cooldown period | | **Real-time Info Table** | Displays all key metrics in a retro-style dashboard | --- ## 🔧 Installation 1. Open TradingView and go to **Pine Editor** 2. Delete any existing code and paste the indicator code 3. Click **"Add to Chart"** 4. Configure settings as needed --- ## ⚙️ Settings Explained ### 📊 Volume Profile Settings | Setting | Default | Description | |---------|---------|-------------| | **Number of Rows** | 50 | Resolution of the volume profile (more rows = finer detail) | | **Value Area %** | 70 | Percentage of volume to include in Value Area (industry standard: 70%) | | **Profile Width** | 40 | Visual width of the histogram on chart | | **Show Histogram** | ✓ | Display volume histogram bars | | **Show POC/VAH/VAL** | ✓ | Display the three key levels | | **Show Labels** | ✓ | Display price labels for each level | | **Extend Lines** | ✓ | Extend levels to the right of current price | | **Extend Length** | 100 | How far to extend the lines (in bars) | ### 🔄 Reversal Detection Settings | Setting | Default | Description | |---------|---------|-------------| | **Enable Reversal Detection** | ✓ | Turn reversal signals on/off | | **Min Confluence Score** | 3 | Minimum score required to trigger signal (1-5) | | **Cooldown Bars** | 10 | Minimum bars between signals to prevent spam | #### Understanding Min Confluence Score: - **Score 1-2**: Very sensitive, many signals (not recommended) - **Score 3**: Balanced - good for most traders ⭐ Recommended - **Score 4**: Conservative - fewer but higher quality signals - **Score 5**: Very strict - only strongest reversals ### 🎨 Color Settings All colors are fully customizable: - **POC Line**: Default Gold (#FFD700) - **VAH Line**: Default Coral Red (#FF6B6B) - **VAL Line**: Default Teal (#4ECDC4) - **Bullish Reversal**: Default Green (#00E676) - **Bearish Reversal**: Default Red (#FF5252) --- ## 📖 How to Read the Indicator ### Volume Profile Histogram ``` █████████████ ← High volume = Strong S/R ████████ ← Medium volume ████ ← Low volume = Weak S/R ██ ``` - **Darker/Longer bars** = More trading activity at that price - **Inside Value Area** = Colored based on session direction (Bull/Bear) - **Outside Value Area** = Muted gray color ### Key Levels | Level | Color | Meaning | |-------|-------|---------| | **POC** | Yellow | Price with highest volume - Strongest magnet | | **VAH** | Red | Upper resistance - Look for bearish reversals | | **VAL** | Teal | Lower support - Look for bullish reversals | --- ## 🔄 Reversal Detection System ### How the Scoring System Works The indicator uses a **5-point confluence scoring system**. Each condition adds 1 point: #### 🟢 Bullish Reversal Score (at VAL) | Condition | Points | Description | |-----------|--------|-------------| | Price at VAL Zone | +1 | Price is within VAL ± 0.2 ATR | | Bullish Candle | +1 | Close > Open (green candle) | | RSI Oversold | +1 | RSI < 35 | | Rejection Wick | +1 | Lower wick > 1.5× body size | | Failed Breakdown | +1 | Touched below VAL but closed above | #### 🔴 Bearish Reversal Score (at VAH) | Condition | Points | Description | |-----------|--------|-------------| | Price at VAH Zone | +1 | Price is within VAH ± 0.2 ATR | | Bearish Candle | +1 | Close < Open (red candle) | | RSI Overbought | +1 | RSI > 65 | | Rejection Wick | +1 | Upper wick > 1.5× body size | | Failed Breakout | +1 | Touched above VAH but closed below | ### Signal Quality Ratings | Score | Rating | Meaning | |-------|--------|---------| | 5/5 | ★★★ | Excellent - Highest probability | | 4/5 | ★★ | Good - High probability | | 3/5 | ★ | Acceptable - Moderate probability | | <3 | - | No signal triggered | --- ## 📋 Info Table Explained ``` ╔═ able-REV ═╗ 15 ████████ SCR ───────────────────────────────────── ZONE UPPER VA ▒▒▓▓████ ▲ POC 4272.680 ██████·· ▲ VAH 4322.745 ████···· · VAL 4264.977 ██████·· · ═ SCORE ═════════════════════════════ BULL 0/5 ········ · BEAR 1/5 ░······· · RSI 49 ▒▒▓▓···· · ◄SIGNAL► WAIT ········ · ``` | Row | Description | |-----|-------------| | **ZONE** | Current price position relative to Value Area | | **POC/VAH/VAL** | Price levels with distance indicators | | **BULL Score** | Current bullish confluence score | | **BEAR Score** | Current bearish confluence score | | **RSI** | RSI value with OB/OS status | | **SIGNAL** | Current signal status (BUY/SELL/WAIT) | ### Zone Types | Zone | Meaning | Bias | |------|---------|------| | ABOVE VAH | Price broke above resistance | Bullish (but watch for rejection) | | ⚠ AT VAH | Price testing resistance | Watch for bearish reversal | | UPPER VA | Price in upper value area | Slight bullish bias | | LOWER VA | Price in lower value area | Slight bearish bias | | ⚠ AT VAL | Price testing support | Watch for bullish reversal | | BELOW VAL | Price broke below support | Bearish (but watch for rejection) | --- ## 📈 Trading Strategies ### Strategy 1: VAH Rejection (Bearish Reversal) **Setup:** 1. Price approaches or touches VAH (red dashed line) 2. BEAR score reaches 3+ (or your minimum setting) 3. REV signal appears above the candle **Entry:** - Enter SHORT on signal candle close - Or wait for confirmation candle **Stop Loss:** - Above the signal candle high - Or above VAH + 0.5 ATR **Take Profit:** - First target: POC (yellow line) - Second target: VAL (teal line) --- ### Strategy 2: VAL Bounce (Bullish Reversal) **Setup:** 1. Price approaches or touches VAL (teal dashed line) 2. BULL score reaches 3+ (or your minimum setting) 3. REV signal appears below the candle **Entry:** - Enter LONG on signal candle close - Or wait for confirmation candle **Stop Loss:** - Below the signal candle low - Or below VAL - 0.5 ATR **Take Profit:** - First target: POC (yellow line) - Second target: VAH (red line) --- ### Strategy 3: POC Bounce **Setup:** 1. Price pulls back to POC after trending 2. POC acts as support/resistance 3. Watch for reversal candle patterns **Entry:** - Long if bullish candle at POC from below - Short if bearish candle at POC from above **Stop Loss:** - Other side of POC ± buffer --- ## ⚠️ Important Notes ### When Signals Work Best ✅ **High Probability Setups:** - Score 4-5 with clear rejection wick - RSI confirms (oversold for long, overbought for short) - First test of VAH/VAL in the session - Clear trend before reversal ❌ **Low Probability Setups:** - Score barely meeting minimum (3/5) - Multiple tests of same level (level weakening) - Low volume/choppy market - News events pending ### Risk Management Rules 1. **Never risk more than 1-2% per trade** 2. **Always use stop loss** - place beyond the level 3. **Wait for candle close** - don't enter on wick touches 4. **Respect the cooldown** - avoid overtrading 5. **Consider the trend** - counter-trend reversals are riskier --- ## 🔔 Alerts The indicator includes built-in alerts: | Alert | Trigger | |-------|---------| | VAL Bullish Reversal | BULL score meets minimum at VAL | | VAH Bearish Reversal | BEAR score meets minimum at VAH | ### Setting Up Alerts: 1. Right-click on the chart 2. Select "Add Alert" 3. Choose "able FRVP Reversal" as condition 4. Select desired alert type 5. Configure notification method --- ## 💡 Pro Tips 1. **Combine with trend analysis** - Reversals in trend direction are more reliable 2. **Watch for confluence with other S/R** - If VAH/VAL aligns with round numbers, previous highs/lows, or fib levels, the level is stronger 3. **Volume confirmation** - Higher volume on reversal candle = stronger signal 4. **Time of day matters** - Reversals during active trading hours are more reliable 5. **Adjust sensitivity by market** - Volatile assets may need higher Min Confluence Score 6. **Use multiple timeframes** - Check if reversal level aligns with higher timeframe levels --- ## 🔧 Recommended Settings by Trading Style | Style | Min Confluence | Cooldown | Best For | |-------|----------------|----------|----------| | Scalping | 3 | 5-7 | Quick trades, more signals | | Day Trading | 3-4 | 10-15 | Balanced approach | | Swing Trading | 4-5 | 20+ | Fewer, higher quality signals | --- ## ❓ Troubleshooting | Issue | Solution | |-------|----------| | No signals appearing | Lower Min Confluence Score or check if market is ranging | | Too many signals | Increase Min Confluence Score or Cooldown Bars | | Levels not showing | Enable Show POC/VAH/VAL in settings | | Histogram too wide/narrow | Adjust Profile Width setting | --- ## 📞 Support For questions, suggestions, or bug reports, please contact the developer. --- **Version:** 1.0 **Last Updated:** 2024 **Platform:** TradingView (Pine Script v6)
Pine Script® indicator
by Able-terminal