Non-Lagging Longevity Zones [BigBeluga]🔵 OVERVIEW
A clean, non-lagging system for identifying price zones that persist over time—ranking them visually based on how long they survive without being invalidated.
Non-Lagging Longevity Zones uses non-lagging pivots to automatically build upper and lower zones that reflect key resistance and support. These zones are kept alive as long as price respects them and are instantly removed when invalidated. The indicator assigns a unique lifespan label to each zone in Days (D), Months (M), or Years (Y), providing instant context for historical relevance.
🔵 CONCEPTS
Non-Lag Pivot Detection: Detects upper and lower pivots using non-lagging swing identification (highest/lowest over length period).
h = ta.highest(len)
l = ta.lowest(len)
high_pivot = high == h and high < h
low_pivot = low == l and low > l
Longevity Ranking: Zones are preserved as long as price doesn't breach them. Levels that remain intact grow in visual intensity.
Time-Based Weighting: Each zone is labeled with its lifespan in days , emphasizing how long it has survived.
duration = last_bar_index - start
days_ = int(duration*(timeframe.in_seconds("")/60/60/24))
days = days_ >= 365 ? int(days_ / 365) : days_ >= 30 ? int(days_ / 30) : days_
marker = days_ >= 365 ? " Y" : days_ >= 30 ? " M" : " D"
Dynamic Coloring: Older zones are drawn with stronger fill, while newer ones appear fainter—making it easy to assess significance.
Self-Cleaning Logic: If price invalidates a zone, it’s instantly removed, keeping the chart clean and focused.
🔵 FEATURES
Upper and Lower Zones: Auto-detects valid high/low pivots and plots horizontal zones with ATR-based thickness.
Real-Time Validation: Zones are extended only if price stays outside them—giving precise control zones.
Gradient Fill Intensity: The longer a level survives, the more opaque the fill becomes.
Duration-Based Labeling: Time alive is shown at the root of each zone:
• D – short-term zones
• M – medium-term structure
• Y – long-term legacy levels
Smart Zone Clearing: Zones are deleted automatically once invalidated by price, keeping the display accurate.
Efficient Memory Handling: Keeps only the 10 most recent valid levels per side for optimal performance.
🔵 HOW TO USE
Track durable S/R zones that survived price tests without being breached.
Use longer-lived zones as high-confidence confluence areas for entries or targets.
Observe fill intensity to judge structural importance at a glance .
Layer with volume or momentum tools to confirm bounce or breakout probability.
Ideal for swing traders, structure-based traders, or macro analysis.
🔵 CONCLUSION
Non-Lagging Longevity Zones lets the market speak for itself—by spotlighting levels with proven survival over time. Whether you're trading trend continuation, mean reversion, or structure-based reversals, this tool equips you with an immediate read on what price zones truly matter—and how long they've stood the test of time.
頻帶和通道
DIP BUYING by HAZEREAL BUY THE DIP - Educational Price Movement Indicator
This technical indicator is designed for educational purposes to help traders identify potential price reversal opportunities in equity markets, particularly focusing on NASDAQ-100 index tracking instruments and technology sector ETFs.
Key Features:
Monitors price movements relative to recent highs over customizable lookback periods
Identifies two distinct price decline thresholds: standard (5%+) and extreme (12.3%+)
Visual signals with triangular markers and background color zones
Real-time data table showing current metrics and status
Customizable alert system with webhook-ready JSON formatting
Clean overlay design that doesn't obstruct price action
How It Works:
The indicator tracks the highest price within a specified lookback period and calculates the percentage decline from that high. When price drops below the minimum threshold, it generates visual buy signals. The extreme threshold triggers enhanced alerts for more significant market movements.
Best Use Cases:
Educational analysis of market volatility patterns
Identifying potential support levels during market corrections
Studying historical price behavior around significant declines
Risk management and position sizing education
Important Note: This is a technical analysis tool for educational purposes only. All trading decisions should be based on comprehensive analysis and appropriate risk management. Past performance does not guarantee future results.
K Bands v2.2K Bands v2 - Settings Breakdown (Timeframe Agnostic)
K Bands v2 is an adaptive volatility envelope tool designed for flexibility across different trading
styles and timeframes.
The settings below allow complete control over how the bands are constructed, smoothed, and how
they respond to market volatility.
1. Upstream MA Type
Controls the core smoothing applied to price before calculating the bands.
Options:
- EMA: Fast, responsive, reacts quickly to price changes.
- SMA: Classic moving average, slower but provides stability.
- Hull: Ultra smooth, reduces noise significantly but may react differently to choppy conditions.
- GeoMean: Geometric mean smoothing, creates a unique, slightly smoother line.
- SMMA: Wilder-style smoothing, balances noise reduction and responsiveness.
- WMA: Weighted Moving Average, emphasizes recent price action for sharper responsiveness.
2. Smoothing Length
Lookback period for the upstream moving average.
- Lower values: Faster reaction, captures short-term shifts.
- Higher values: Smoother trend depiction, filters out noise.
3. Multiplier
Determines the width of the bands relative to calculated volatility.
- Lower multiplier: Tighter bands, more signals, but increased false breakouts.
- Higher multiplier: Wider bands, fewer false signals, more conservative.
4. Downstream MA Type
Applies final smoothing to the band plots after initial calculation.
Same options as Upstream MA.
5. Downstream Smoothing Length
Lookback period for downstream smoothing.
- Lower: More responsive bands.
- Higher: Smoother, visually cleaner bands.
6. Band Width Source
Selects the method used to calculate band width based on market volatility.
Options:
- ATR (Average True Range): Smooth, stable bands based on price range expansion.
- Stdev (Standard Deviation): More reactive bands highlighting short-term volatility spikes.
7. ATR Smoothing Type
Controls how the ATR or Stdev value is smoothed before applying to band width.
Options:
- Wilder: Classic, stable smoothing.
- SMA: Simple moving average smoothing.
- EMA: Faster, more reactive smoothing.
- Hull: Ultra-smooth, noise-reducing smoothing.
- GeoMean: Geometric mean smoothing.
8. ATR Length
Lookback period for smoothing the volatility measurement (ATR or Stdev).
- Lower: More reactive bands, captures quick shifts.
- Higher: Smoother, more stable bands.
9. Dynamic Multiplier Based on Volatility
Allows the band multiplier to adapt automatically to changes in market volatility.
- ON: Bands expand during high volatility and contract during low volatility.
- OFF: Bands remain fixed based on the set multiplier.
10. Dynamic Multiplier Sensitivity
Controls how aggressively the dynamic multiplier responds to volatility changes.
- Lower values: Subtle adjustments.
- Higher values: More aggressive band expansion/contraction.
K Bands v2 is designed to be adaptable across any market or timeframe, helping visualize price
structure, trend, and volatility behavior.
GX Credit Spread SignalThe GX Credit Spread Signal is an advanced indicator designed for traders who trade options strategies on the SPX index, especially using vertical credit spreads. It combines traditional technical analysis with volatility and option pricing concepts to provide relevant signals and projections on the chart.
Main features:
Trend analysis: Uses opening gap, position relative to VWAP and simple moving average (SMA 50) to indicate bullish or bearish bias right after the first 15-minute candle.
Safe range projection: Calculates a range based on the ATR (Average True Range) multiplied by a safety factor, suggesting potential strikes for credit spreads.
Quantitative estimates:
Calculates the estimated delta of options via the Black-Scholes formula approximation.
Estimated probability of expiring out of the money (OTM).
Chart visualizations: Displays projected ATR lines, previous day's levels (high, low, close) and an informative panel with strikes, delta, OTM probability, ATR and VWAP data.
Configurable alerts: Notifications for detected bullish or bearish bias, helping the trader to identify opportunities quickly.
This indicator is ideal for those who day trade with SPX options, facilitating decision-making by combining technical analysis, volatility and option probabilities in one place.
Repeating Trend HighlighterThis custom indicator helps you see when the current price trend is similar to a past trend over the same number of candles. Think of it like checking whether the market is repeating itself.
You choose three settings:
• Lookback Period: This is how many candles you want to measure. For example, if you set it to 10, it looks at the price change over the last 10 bars.
• Offset Bars Ago: This tells the indicator how far back in time to look for a similar move. If you set it to 50, it compares the current move to what happened 50 bars earlier.
• Tolerance (%): This is how closely the moves must match to be considered similar. A smaller number means you only get a signal if the moves are almost the same, while a larger number allows more flexibility.
When the current price move is close enough to the past move you picked, the background of your chart turns light green. This makes it easy to spot repeating trends without studying numbers manually.
You’ll also see two lines under your chart if you enable them: a blue line showing the percentage change of the current move and an orange line showing the change in the past move. These help you compare visually.
This tool is useful in several ways. You can use it to confirm your trading setups, for example if you suspect that a strong rally or pullback is happening again. You can also use it to filter trades by combining it with other indicators, so you only enter when trends repeat. Many traders use it as a learning tool, experimenting with different lookback periods and offsets to understand how often similar moves happen.
If you are a scalper working on short timeframes, you can set the lookback to a small number like 3–5 bars. Swing traders who prefer daily or weekly charts might use longer lookbacks like 20–30 bars.
Keep in mind that this indicator doesn’t guarantee price will move the same way again—it only shows similarity in how price changed over time. It works best when you use it together with other signals or market context.
In short, it’s like having a simple spotlight that tells you: “This move looks a lot like what happened before.” You can then decide if you want to act on that information.
If you’d like, I can help you tweak the settings or combine it with alerts so it notifies you when these patterns appear.
Volume MAs Oscillator | Lyro RSVolume MAs Oscillator | Lyro RS
Overview
The Volume MAs Oscillator is a powerful volume‑adjusted momentum tool that combines custom‑weighted moving averages on volume‑weighted price with smoothed deviation bands. It offers dynamic insights into trend direction, overbought/oversold conditions, and relative valuation — all within a single indicator
Key Features
Volume‑Adjusted Moving Averages: Moving averages can be volume‑weighted using the following formula: a moving average of (Price × Volume) divided by a moving average of Volume. This formula is applied across more than 14 different moving averages; however, it is not used with the VWMA, as VWMA is inherently a volume-weighted moving average.
Percentage Oscillator: Displays the normalized difference: (source – MA) / MA * 100, centered around zero for easy interpretation of strength and direction.
Deviation Bands: Builds upper and lower bands from standard deviation of the oscillator over a selected lookback, with distinct positive/negative multipliers and optional smoothing to reduce noise.
Inputs: Band Length, Band Smoothing, Positive Band Multiplier, Negative Band Multiplier.
Multi‑Mode Signal System:
1. Trend Mode – Colors oscillator according to breaks above (bullish) or below (bearish) respective bands.
2. Reversion Mode – Inverses color logic: signals overextensions beyond bands as reversion opportunities, greys inside the bands.
3. Valuation Mode – Applies a gradient color scale (UpC ⇄ DnC) to reflect relative valuation strength.
Customizable Visuals: Select from 5 pre‑set palettes—Classic, Mystic, Major Themes, Accented, Royal—or define your own custom bullish/bearish colors.
Chart enhancements include color‑coded oscillator line, deviation bands, glow‑effect midline at zero, background shading and candlestick/bar coloring aligned to signal mode.
Built‑In Signals: Automatically plots ▲ oversold and ▼ overbought markers upon crosses of lower/upper bands (in trend or reversion modes), enhancing signal clarity.
How It Works
MA Calculation – Applies the selected MA type to price × volume (normalized by MA of volume) or direct VWMA.
Oscillator Output – Calculates the % difference of source vs. derived MA.
Band Construction – Computes rolling standard deviation; applies user‑defined multipliers; smooths bands with exponential blending.
Mode-Dependent Coloring & Signals –
• Trend: Highlights strength trends via band cross coloring.
• Reversion: Flags extremes beyond bands as potential pullbacks.
• Valuation: Uses gradient to reflect oscillator’s position relative to recent range.
Signal Markers – Deploys arrows and color rules to flag overbought (▼) or oversold (▲) conditions when bands are breached.
Practical Use
Trend Confirmation – In Trend Mode, use upward price_diff cross above upper band as bullish; downward cross below lower band as bearish.
Mean Reversion – In Reversion Mode, fading extremes beyond bands may precede a retracement.
Relative Valuation – Valuation Mode shines when assessing how extended price_diff is, with gradient colors indicating valuation zones.
Bars/candles color‑coded to oscillator state boosts clarity of market tone and allows for rapid visual scanning.
Customization
Adjust MA type/length to tune responsiveness vs. smoothing.
Configure band settings for volatility sensitivity.
Toggle between signal modes for trend-following or reversion strategies.
Stylish visuals: pick or customize color schemes to match your chart setup.
⚠️Disclaimer
This indicator is a tool for technical analysis and does not provide guaranteed results. It should be used in conjunction with other analysis methods and proper risk management practices. The creators of this indicator are not responsible for any financial decisions made based on its signals.
Trend Tracker ProTrend Tracker Pro - Advanced Trend Following Indicator
Overview
Trend Tracker Pro is a sophisticated trend-following indicator that combines the power of Exponential Moving Average (EMA) and Average True Range (ATR) to identify market trends and generate precise buy/sell signals. This indicator is designed to help traders capture trending moves while filtering out market noise.
🎯 Key Features
✅ Dynamic Trend Detection
Uses EMA and ATR-based bands to identify trend direction
Automatically adjusts to market volatility
Clear visual trend line that changes color based on market direction
✅ Precise Signal Generation
Buy signals when trend changes to bullish
Sell signals when trend changes to bearish
Reduces false signals by requiring actual trend changes
✅ Visual Clarity
Green trend line: Bullish trend
Red trend line: Bearish trend
Gray trend line: Sideways/neutral trend
Triangle arrows for buy/sell signals
Clear BUY/SELL text labels
✅ Customizable Settings
Trend Length: Adjustable period for EMA and ATR calculation (default: 14)
ATR Multiplier: Controls sensitivity of trend bands (default: 2.0)
Show/Hide Signals: Toggle signal arrows on/off
Show/Hide Labels: Toggle text labels on/off
✅ Built-in Information Panel
Real-time trend direction display
Current trend level value
ATR value for volatility reference
Last signal information
✅ TradingView Alerts
Buy signal alerts
Sell signal alerts
Customizable alert messages
🔧 How It Works
Algorithm Logic:
1.
Calculate EMA: Uses exponential moving average for trend baseline
2.
Calculate ATR: Measures market volatility
3.
Create Bands: Upper band = EMA + (ATR × Multiplier), Lower band = EMA - (ATR × Multiplier)
4.
Determine Trend:
Price above upper band → Bullish trend (trend line = lower band)
Price below lower band → Bearish trend (trend line = upper band)
Price between bands → Continue previous trend
5.
Generate Signals: Signal occurs when trend direction changes
📊 Best Use Cases
✅ Trending Markets
Excellent for capturing strong directional moves
Works well in both bull and bear markets
Ideal for swing trading and position trading
✅ Multiple Timeframes
Effective on all timeframes from 15 minutes to daily
Higher timeframes provide more reliable signals
Can be used for both scalping and long-term investing
✅ Various Asset Classes
Stocks, Forex, Cryptocurrencies, Commodities
Particularly effective in volatile markets
Adapts automatically to different volatility levels
⚙️ Recommended Settings
Conservative Trading (Lower Risk)
Trend Length: 20
ATR Multiplier: 2.5
Best for: Long-term positions, lower frequency signals
Balanced Trading (Default)
Trend Length: 14
ATR Multiplier: 2.0
Best for: Swing trading, moderate frequency signals
Aggressive Trading (Higher Risk)
Trend Length: 10
ATR Multiplier: 1.5
Best for: Day trading, higher frequency signals
🎨 Visual Elements
Trend Line: Main indicator line that follows the trend
Signal Arrows: Triangle shapes indicating buy/sell points
Text Labels: Clear "BUY" and "SELL" text markers
Information Table: Real-time status panel in top-right corner
Color Coding: Intuitive green/red color scheme
⚠️ Important Notes
Risk Management
Always use proper position sizing
Set stop-losses based on ATR values
Consider market conditions and volatility
Not recommended for ranging/sideways markets
Signal Confirmation
Consider using with other indicators for confirmation
Pay attention to volume and market structure
Be aware of major news events and market sessions
Backtesting Recommended
Test the indicator on historical data
Optimize parameters for your specific trading style
Consider transaction costs in your analysis
ZLMA Keltner ChannelThe ZLMA Keltner Channel uses a Zero-Lag Moving Average (ZLMA) as the centerline with ATR-based bands to track trends and volatility.
The ZLMA’s reduced lag enhances responsiveness for breakouts and reversals, i.e. it's more sensitive to pivots and trend reversals.
Unlike Bollinger Bands, which use standard deviation and are more sensitive to price spikes, this uses ATR for smoother volatility measurement.
Background:
Built on John Ehlers’ lag-reduction techniques, this indicator adapts the classic Keltner Channel for dynamic markets. It excels in trending (low-entropy) markets for breakouts and range-bound (high-entropy) markets for reversals.
How to Read:
ZLMA (Blue): Tracks price trends. Above = bullish, below = bearish.
Upper Band (Green): ZLMA + (Multiplier × ATR). Cross above signals breakout or overbought.
Lower Band (Red): ZLMA - (Multiplier × ATR). Cross below signals breakout or oversold.
Channel Fill (Gray): Shows volatility. Narrow = low volatility, wide = high volatility.
Signals (Optional): Enable to show “Buy” (green) on upper band crossovers, “Sell” (red) on lower band crossunders.
Strategies: Trade breakouts in trending markets, reversals in ranges, or use bands as trailing stops.
Settings:
ZLMA Period (20): Adjusts centerline responsiveness.
ATR Period (20): Sets volatility period.
Multiplier (2.0): Controls band width.
If you are still confused between the ZLMA Keltner Channels and Bollinger Bands:
Keltner Channel (ZLMA): Uses ATR for bands, which smooths volatility and is less reactive to sudden price spikes. The ZLMA centerline reduces lag for faster trend detection.
Bollinger Bands: Uses standard deviation for bands, making them more sensitive to price volatility and prone to wider swings in high-entropy markets. Typically uses an SMA centerline, which lags more than ZLMA.
Faytterro Bands Breakout📌 Faytterro Bands Breakout 📌
This indicator was created as a strategy showcase for another script: Faytterro Bands
It’s meant to demonstrate a simple breakout strategy based on Faytterro Bands logic and includes performance tracking.
❓ What Is It?
This script is a visual breakout strategy based on a custom moving average and dynamic deviation bands, similar in concept to Bollinger Bands but with unique smoothing (centered regression) and performance features.
🔍 What Does It Do?
Detects breakouts above or below the Faytterro Band.
Plots visual trade entries and exits.
Labels each trade with percentage return.
Draws profit/loss lines for every trade.
Shows cumulative performance (compounded return).
Displays key metrics in the top-right corner:
Total Return
Win Rate
Total Trades
Number of Wins / Losses
🛠 How Does It Work?
Bullish Breakout: When price crosses above the upper band and stays above the midline.
Bearish Breakout: When price crosses below the lower band and stays below the midline.
Each trade is held until breakout invalidation, not a fixed TP/SL.
Trades are compounded, i.e., profits stack up realistically over time.
📈 Best Use Cases:
For traders who want to experiment with breakout strategies.
For visual learners who want to study past breakouts with performance metrics.
As a template to develop your own logic on top of Faytterro Bands.
⚠ Notes:
This is a strategy-like visual indicator, not an automated backtest.
It doesn't use strategy.* commands, so you can still use alerts and visuals.
You can tweak the logic to create your own backtest-ready strategy.
Unlike the original Faytterro Bands, this script does not repaint and is fully stable on closed candles.
Leveraged Liquidation ZonesOVERVIEW
This indicator estimates potential liquidation zones based on leveraged positions (25x, 50x, 75x, 100x). It visually displays upper and lower bounds for each leverage tier, allowing traders to infer areas where the market might be seeking liquidity.
CONCEPTS
In leveraged markets, especially crypto derivatives, price often moves towards zones of high liquidation potential — areas where traders using high leverage are likely to be stopped out. These zones represent concentrations of liquidity that can serve as targets for price movement.
This script models simplified liquidation areas by calculating the price range within which positions using specific leverage levels would be at risk, assuming no maintenance margin and using the previous candle close as a reference.
FEATURES
Visual zones for 25x, 50x, 75x, and 100x leverage levels.
Customizable visibility and colors for each leverage tier.
Real-time zone calculation based on the previous candle close.
Simple and clean design to overlay directly on price action.
USAGE
Use this tool to identify areas of liquidity accumulation or potential price magnet zones. High-leverage liquidations often lead to volatile movements when triggered, so tracking these zones can help anticipate breakout or reversal behavior.
You can toggle individual leverage levels via the settings panel, and adjust color transparency to suit your chart theme. This tool is most effective when combined with volume spikes, order book analysis, or high-frequency behavior.
Volumatic Support/Resistance Levels [BigBeluga]🔵 OVERVIEW
A smart volume-powered tool for identifying key support and resistance zones—enhanced with real-time volume histogram fills and high-volume markers.
Volumatic Support/Resistance Levels detects structural levels from swing highs and lows, and wraps them in dynamic histograms that reflect the relative volume strength around those zones. It highlights the strongest price levels not just by structure—but by the weight of market participation.
🔵 CONCEPTS
Price Zones: Support and resistance levels are drawn from recent price pivots, while volume is used to visually enhance these zones with filled histograms and highlight moments of peak activity using markers.
Histogram Fill = Activity Zone: The width and intensity of each filled zone adjusts to recent volume bursts.
High-Volume Alerts: Circle markers highlight moments of volume dominance directly on the levels—revealing pressure points of support/resistance.
Clean Visual Encoding: Red = resistance zones, green = support zones, orange = high-volume bars.
🔵 FEATURES
Detects pivot-based resistance (highs) and support (lows) using a customizable range length.
Wraps these levels in volume-weighted bands that expand/contract based on percentile volume.
Color fill intensity increases with rising volume pressure, creating a live histogram feel.
When volume > user-defined threshold , the indicator adds circle markers at the top and bottom of that price level zone.
Bar coloring highlights the candles that generated this high-volume behavior (orange by default).
Adjustable settings for all thresholds and colors, so traders can dial in volume sensitivity.
🔵 HOW TO USE
Identify volume-confirmed resistance and support zones for potential reversal or breakout setups.
Focus on levels with intense histogram fill and circle markers —they indicate strong participation.
Use bar coloring to track when key activity started and align it with broader market context.
Works well in combination with order blocks, trend indicators, or liquidity zones.
Ideal for day traders, scalpers, and volume-sensitive setups.
🔵 CONCLUSION
Volumatic Support/Resistance Levels elevates traditional support and resistance logic by anchoring it in volume context. Instead of relying solely on price action, it gives traders insight into where real conviction lies—by mapping how aggressively the market defended or rejected key levels. It's a visual, reactive, and volume-conscious upgrade to your structural toolkit.
Dynamic Volatility Channel (DVC) - Smooth
The indicator's adaptability comes from a unique blend of well-known concepts:
The Adaptive Engine (ADX): The indicator uses the Average Directional Index (ADX) in the background to analyze the strength of the trend. This acts as the "brain", telling the channel whether the market is trending strongly or moving sideways.
Hybrid Volatility: This is the core of the indicator. The width of the channel is determined by a weighted mix of two volatility measures:
In trending markets (high ADX), the channel gives more weight to the Average True Range (ATR).
In ranging markets (low ADX), the channel gives more weight to Standard Deviation.
Smooth Centerline (HMA): The channel is centered around a Hull Moving Average (HMA), which is known for its smoothness and reduced lag compared to other moving averages.
Advanced Smoothing Layers: This version includes dedicated smoothing for both the volatility components (ATR and StDev) and the logic that switches between regimes. This ensures the channel expands, contracts, and adapts in a very fluid manner, eliminating sudden jumps and reducing market noise.
Mean Reversion: In ranging markets (indicated by a flatter channel), the outer bands can act as dynamic support and resistance levels. Look for opportunities to sell near the upper band and buy near the lower band, always waiting for price action confirmation like reversal candles.
Trend Following: In strong trends (indicated by a steeply sloped channel), the centerline (HMA) often serves as a dynamic level of support (in an uptrend) or resistance (in a downtrend). Pullbacks to the centerline can present opportunities to join the trend. A "band ride," where price action consistently pushes against the upper or lower band, signals a very strong trend.
Volatility Analysis: A "squeeze," where the bands come very close together, indicates low volatility and can foreshadow a significant price breakout. A sudden expansion of the bands signals an increase in volatility and the potential start of a new, powerful move.
All core parameters are fully customizable to suit your trading style and preferred assets:
You can adjust the lengths for the HMA, ATR, StDev, and the ADX filter.
You can change the multipliers for the ATR and Standard Deviation components.
Crucially, you can control the Volatility Smoothing Length and Logic Smoothing Length to find the perfect balance between responsiveness and smoothness.
Disclaimer: This indicator is provided for educational and analytical purposes only. It is not financial advice, and past performance is not indicative of future results. Always conduct your own research and backtesting before risking capital in a live market.
Volume Overbought/Oversold Zones📊 What You’ll See on the Chart
Red Background or Red Triangle ABOVE a Candle
🔺 Means: Overbought Volume
→ Volume on that bar is much higher than average (as defined by your settings).
→ Suggests strong activity, possible exhaustion in the trend or an emotional spike.
→ It’s a warning: consider watching for signs of reversal, especially if price is already stretched.
Green Background or Green Triangle BELOW a Candle
🔻 Means: Oversold Volume
→ Volume on that bar is much lower than normal.
→ Suggests the market may be losing momentum, or few sellers are left.
→ Could signal an upcoming reversal or recovery if confirmed by price action.
Orange Line Below the Candles (Volume Moving Average)
📈 Shows the "normal" average volume over the last X candles (default is 20).
→ Helps you visually compare each bar’s volume to the average.
Gray Columns (Actual Volume Bars)
📊 These are your regular volume bars — they rise and fall based on how active each candle is.
🔍 What This Indicator Does (In Simple Words)
This indicator looks at trading volume—which is how many shares/contracts were traded in a given period—and compares it to what's considered "normal" for recent history. When volume is unusually high or low, it highlights those moments on the chart.
It tells you:
• When volume is much higher than normal → market might be overheated or experiencing a buying/selling frenzy.
• When volume is much lower than normal → market might be quiet, potentially indicating lack of interest or indecision.
These conditions are marked visually, so you can instantly spot them.
💡 How It Helps You As a Trader
1. Spotting Exhaustion in Trends (Overbought Signals)
If a market is going up and suddenly volume spikes way above normal, it may mean:
• The move is getting crowded (lots of buyers are already in).
• A reversal or pullback could be near because smart money may be taking profits.
Trading idea: Wait for high-volume up bars, then look for price weakness to consider a short or exit.
2. Identifying Hidden Opportunities (Oversold Signals)
If price is falling but volume drops unusually low, it might mean:
• Panic is fading.
• Sellers are losing energy.
• A bounce or trend reversal could happen soon.
Trading idea: After a volume drop in a downtrend, watch for bullish price patterns or momentum shifts to consider a buy.
3. Confirming or Doubting Breakouts
Volume is critical for confirming breakouts:
• If price breaks a key level with strong volume, it's more likely to continue.
• A breakout without volume could be a fake-out.
This indicator highlights volume surges that can help you confirm such moves.
📈 How to Use It in Practice
• Combine it with candlestick patterns, support/resistance, or momentum indicators.
• Use the background colors or shapes as a visual cue to pause and analyze.
• Adjust the sensitivity to suit fast-moving markets (like crypto) or slow ones (like large-cap stocks).
VWAP Deviation Channels with Probability (Lite)VWAP Deviation Channels with Probability (Lite)
Version 1.2
Overview
This indicator is a powerful tool for intraday traders, designed to identify high-probability areas of support and resistance. It plots the Volume-Weighted Average Price (VWAP) as a central "value" line and then draws statistically-based deviation channels around it.
Its unique feature is a dynamic probability engine that analyzes thousands of historical price bars to calculate and display the real-time likelihood of the price touching each of these deviation levels. This provides a quantifiable edge for making trading decisions.
Core Concepts Explained
This indicator is built on three key concepts:
The VWAP (Volume-Weighted Average Price): The dotted midline of the channels is the session VWAP. Unlike a Simple Moving Average (SMA) which only considers price, the VWAP incorporates volume into its calculation. This makes it a much more significant benchmark, as it represents the true average price where the most business has been transacted during the day. It's heavily used by institutional traders, which is why price often reacts strongly to it.
Standard Deviation Channels: The channels above and below the VWAP are based on standard deviations. Standard deviation is a statistical measure of volatility.
- Wide Bands: When the channels are wide, it signifies high volatility.
- Narrow Bands: When the channels are tight and narrow, it signifies low volatility and
consolidation (a "squeeze").
The Conditional Probability Engine: This is the heart of the indicator. For every deviation level, the script displays a percentage. This percentage answers a very specific question:
"Based on thousands of previous bars, when the last candle had a certain momentum (bullish or bearish), what was the historical probability that the price would touch this specific level?"
The probabilities are calculated separately depending on whether the previous candle was green (bullish) or red (bearish). This provides a nuanced, momentum-based edge. The level with the highest probability is highlighted, acting as a "price magnet."
How to Use This Indicator
Recommended Timeframes:
This indicator is designed specifically for intraday trading. It works best on timeframes like the 1-minute, 5-minute, and 15-minute charts. It will not display correctly on daily or higher timeframes.
Recommended Trading Strategy: Mean Reversion
The primary strategy for this indicator is "Mean Reversion." The core idea is that as the price stretches to extreme levels far away from the VWAP (the "mean"), it is statistically more likely to "snap back" toward it.
Here is a step-by-step guide to trading this setup:
1. Identify the Extreme: Wait for the price to push into one of the outer deviation bands (e.g., the -2, -3, or -4 bands for a buy setup, or the +2, +3, or +4 bands for a sell setup).
2. Look for the High-Probability Zone: Pay close attention to the highlighted probability label. This is the level that has historically acted as the strongest magnet for price. A touch of this level represents a high-probability area for a potential reversal.
3. Wait for Confirmation: Do not enter a trade just because the price has touched a band. Wait for a confirmation candle that shows momentum is shifting.
- For a Buy: Look for a strong bullish candle (e.g., a green engulfing candle or a hammer/pin
bar) to form at the lower bands.
- For a Sell: Look for a strong bearish candle (e.g., a red engulfing candle or a shooting star)
to form at the upper bands.
Define Your Exit:
- Take Profit: A logical primary target for a mean reversion trade is the VWAP (midLine).
- Stop Loss: A logical place for a stop-loss is just outside the next deviation band. For
example, if you enter a long trade at the -3 band, your stop loss could be placed just
below the -4 band.
Disclaimer: This indicator is a tool for analysis and should not be considered a standalone trading system. Trading involves significant risk, and past performance is not indicative of future results. Always use this indicator in conjunction with other forms of analysis and sound risk management practices.
Bollinger Bands Entry/Exit ThresholdsBollinger Bands Entry/Exit Thresholds
Author of enhancements: chuckaschultz
Inspired and adapted from the original 'Bollinger Bands Breakout Oscillator' by LuxAlgo
Overview
Pairs nicely with Contrarian 100 MA
The Bollinger Bands Entry/Exit Thresholds is a powerful momentum-based indicator designed to help traders identify potential entry and exit points in trending or breakout markets. By leveraging Bollinger Bands, this indicator quantifies price deviations from the bands to generate bullish and bearish momentum signals, displayed as an oscillator. It includes customizable entry and exit signals based on user-defined thresholds, with visual cues plotted either on the oscillator panel or directly on the price chart.
This indicator is ideal for traders looking to capture breakout opportunities or confirm trend strength, with flexible settings to adapt to various markets and trading styles.
How It Works
The Bollinger Bands Entry/Exit Thresholds calculates two key metrics:
Bullish Momentum (Bull): Measures the extent to which the price exceeds the upper Bollinger Band, expressed as a percentage (0–100).
Bearish Momentum (Bear): Measures the extent to which the price falls below the lower Bollinger Band, also expressed as a percentage (0–100).
The indicator generates:
Long Entry Signals: Triggered when the bearish momentum (bear) crosses below a user-defined Long Threshold (default: 40). This suggests weakening bearish pressure, potentially indicating a reversal or breakout to the upside.
Exit Signals: Triggered when the bullish momentum (bull) crosses below a user-defined Sell Threshold (default: 80), indicating a potential reduction in bullish momentum and a signal to exit long positions.
Signals are visualized as tiny colored dots:
Long Entry: Blue dots, plotted either at the bottom of the oscillator or below the price bar (depending on user settings).
Exit Signal: White dots, plotted either at the top of the oscillator or above the price bar.
Calculation Methodology
Bollinger Bands:
A user-defined Length (default: 14) is used to calculate an Exponential Moving Average (EMA) of the source price (default: close).
Standard deviation is computed over the same length, multiplied by a user-defined Multiplier (default: 1.0).
Upper Band = EMA + (Standard Deviation × Multiplier)
Lower Band = EMA - (Standard Deviation × Multiplier)
Bull and Bear Momentum:
For each bar in the lookback period (length), the indicator calculates:
Bullish Momentum: The sum of positive deviations of the price above the upper band, normalized by the total absolute deviation from the upper band, scaled to a 0–100 range.
Bearish Momentum: The sum of positive deviations of the price below the lower band, normalized by the total absolute deviation from the lower band, scaled to a 0–100 range.
Formula:
bull = (sum of max(price - upper, 0) / sum of abs(price - upper)) * 100
bear = (sum of max(lower - price, 0) / sum of abs(lower - price)) * 100
Signal Generation:
Long Entry: Triggered when bear crosses below the Long Threshold.
Exit: Triggered when bull crosses below the Sell Threshold.
Settings
Length: Lookback period for EMA and standard deviation (default: 14).
Multiplier: Multiplier for standard deviation to adjust Bollinger Band width (default: 1.0).
Source: Input price data (default: close).
Long Threshold: Bearish momentum level below which a long entry signal is generated (default: 40).
Sell Threshold: Bullish momentum level below which an exit signal is generated (default: 80).
Plot Signals on Main Chart: Option to display entry/exit signals on the price chart instead of the oscillator panel (default: false).
Style:
Bullish Color: Color for bullish momentum plot (default: #f23645).
Bearish Color: Color for bearish momentum plot (default: #089981).
Visual Features
Bull and Bear Plots: Displayed as colored lines with gradient fills for visual clarity.
Midline: Horizontal line at 50 for reference.
Threshold Lines: Dashed green line for Long Threshold and dashed red line for Sell Threshold.
Signal Dots:
Long Entry: Tiny blue dots (below price bar or at oscillator bottom).
Exit: Tiny white dots (above price bar or at oscillator top).
How to Use
Add to Chart: Apply the indicator to your TradingView chart.
Adjust Settings: Customize the Length, Multiplier, Long Threshold, and Sell Threshold to suit your trading strategy.
Interpret Signals:
Enter a long position when a blue dot appears, indicating bearish momentum dropping below the Long Threshold.
Exit the long position when a white dot appears, indicating bullish momentum dropping below the Sell Threshold.
Toggle Plot Location: Enable Plot Signals on Main Chart to display signals on the price chart for easier integration with price action analysis.
Combine with Other Tools: Use alongside other indicators (e.g., trendlines, support/resistance) to confirm signals.
Notes
This indicator is inspired by LuxAlgo’s Bollinger Bands Breakout Oscillator but has been enhanced with customizable entry/exit thresholds and signal plotting options.
Best used in conjunction with other technical analysis tools to filter false signals, especially in choppy or range-bound markets.
Adjust the Multiplier to make the Bollinger Bands wider or narrower, affecting the sensitivity of the momentum calculations.
Disclaimer
This indicator is provided for educational and informational purposes only.
TTP-BB-vwap-PivotTTP-BB-Vwap-Pivot is a comprehensive all-in-one technical analysis indicator designed specifically for intraday traders. This powerful tool combines multiple essential indicators in a single, customizable package, eliminating the need to clutter your chart with separate indicators.
🎯 Key Features
📈 Bollinger Bands
Fully Customizable: Adjust length (default: 20) and multiplier (default: 2.0)
Source Selection: Choose from Open, High, Low, Close, HL2, HLC3, OHLC4
Visual Fill: Semi-transparent band fill for better visualization
Toggle Control: Easy on/off switch
💰 VWAP (Volume Weighted Average Price)
Intraday Focus: Perfect for identifying institutional price levels
Source Customization: Default HLC3 with options for other price sources
Clear Visualization: Prominent white line for easy identification
Toggle Control: Show/hide as needed
🎪 Standard Pivot Points
Complete Pivot System: Shows Pivot Point + 3 Resistance (R1-R3) + 3 Support (S1-S3) levels
Timeframe Flexibility: Default daily pivots with customizable timeframe
Colour Coded: Yellow for Pivot Point, Red for Resistance, Green for Support
Value Labels: Exact price values displayed on the right
Toggle Control: Enable/disable entire pivot system
📊 Multiple EMA System (5 EMAs Available)
EMA 1: 9-period (Blue) - Short-term trend
EMA 2: 21-period (Red) - Medium-term trend
EMA 3: 50-period (Orange) - Long-term trend
EMA 4: 100-period (Purple) - Major trend
EMA 5: 200-period (Yellow) - Primary trend
Each EMA Features:
Individual toggle switches
Customizable period lengths
Source selection options
Colour customization
Independent control
🚨 Built-in Alerts
Price crossing above/below EMA1
Price crossing above/below VWAP
Easy alert setup for key signal points
🎛️ User-Friendly Interface
Organized Input Groups: All settings categorized for easy navigation
Individual Controls: Turn any indicator on/off independently
Clean Design: Optimized to avoid chart clutter
Performance Optimized: Efficient code for smooth operation
📈 Perfect For:
Day Traders: Quick intraday signals and levels
Swing Traders: Multiple timeframe analysis
Scalpers: Fast entry/exit points
All Skill Levels: From beginners to professionals
🔧 How to Use:
Add the indicator to your chart
Access settings through the indicator's style/inputs panel
Enable/disable indicators based on your trading strategy
Customize colours, periods, and sources to match your preferences
Set up alerts for key crossover signals
💡 Trading Applications:
Trend Identification: Multiple EMA crossovers
Support/Resistance: Pivot points and Bollinger Bands
Entry/Exit Signals: VWAP and EMA interactions
Risk Management: Clear levels for stop-loss placement
Market Structure: Institutional levels via VWAP and Pivots
⚡ Why Choose TTP-BB-Vwap-Pivot?
All-in-One Solution: No need for multiple separate indicators
Highly Customizable: Adapt to any trading style
Performance Optimized: Smooth operation without lag
Clean Interface: Organized settings and clear visuals
Beginner Friendly: Easy to understand and implement
Professional Grade: Suitable for serious traders
🛠️ Technical Specifications:
Pine Script v6
Overlay indicator
Optimized for all timeframes (especially intraday)
Compatible with all asset classes
No repainting
Real-time calculations
Transform your trading with TTP-BB-Vwap-Pivot - The ultimate technical analysis companion for modern traders!
Like and follow for more powerful trading tools and updates!
Historical Volatility with HV Average & High/Low Trendlines
### 📊 **Indicator Title**: Historical Volatility with HV Average & High/Low Trendlines
**Version**: Pine Script v5
**Purpose**:
This script visualizes market volatility using **Historical Volatility (HV)** and enhances analysis by:
* Showing a **moving average** of HV to identify volatility trends.
* Marking **high and low trendlines** to highlight extremes in volatility over a selected period.
---
### 🔧 **Inputs**:
1. **HV Length (`length`)**:
Controls how many bars are used to calculate Historical Volatility.
*(Default: 10)*
2. **Average Length (`avgLength`)**:
Number of bars used for calculating the moving average of HV.
*(Default: 20)*
3. **Trendline Lookback Period (`trendLookback`)**:
Number of bars to look back for calculating the highest and lowest values of HV.
*(Default: 100)*
---
### 📈 **Core Calculations**:
1. **Historical Volatility (`hv`)**:
$$
HV = 100 \times \text{stdev}\left(\ln\left(\frac{\text{close}}{\text{close} }\right), \text{length}\right) \times \sqrt{\frac{365}{\text{period}}}
$$
* Measures how much the stock price fluctuates.
* Adjusts annualization factor depending on whether it's intraday or daily.
2. **HV Moving Average (`hvAvg`)**:
A simple moving average (SMA) of HV over the selected `avgLength`.
3. **HV High & Low Trendlines**:
* `hvHigh`: Highest HV value over the last `trendLookback` bars.
* `hvLow`: Lowest HV value over the last `trendLookback` bars.
---
### 🖍️ **Visual Plots**:
* 🔵 **HV**: Blue line showing raw Historical Volatility.
* 🔴 **HV Average**: Red line (thicker) indicating smoothed HV trend.
* 🟢 **HV High**: Green horizontal line marking volatility peaks.
* 🟠 **HV Low**: Orange horizontal line marking volatility lows.
---
### ✅ **Usage**:
* **High HV**: Indicates increased risk or potential breakout conditions.
* **Low HV**: Suggests consolidation or calm markets.
* **Cross of HV above Average**: May signal rising volatility (e.g., before breakout).
* **Touching High/Low Levels**: Helps identify volatility extremes and possible reversal zones.
Squeeze & Breakout Confirmation StrategyThis strategy focuses on identifying periods of low volatility (Bollinger Band Squeeze) and then confirming the direction of the subsequent breakout with momentum, volume, and candle strength.
Concepts Applied: Bollinger Bands (Squeeze), RSI (Momentum), Market Volume (Conviction), Candle Size (Strength)
Buy Signal:
Bollinger Band Squeeze: Look for a period where the Bollinger Bands contract significantly, indicating low volatility and consolidation. The bands should be very close to the price action.
RSI Breakout: After the squeeze, wait for the price to break decisively above the upper Bollinger Band. Simultaneously, the RSI should break above 60 (or even 70), indicating strong bullish momentum.
Volume Surge: The breakout candle should be accompanied by a significant increase in trading volume, ideally above its recent average, confirming strong buying interest.
Strong Bullish Candle: The breakout candle itself should be a large, bullish candle (e.g., a strong green candle with a small upper wick or a bullish engulfing pattern), demonstrating buyer conviction.
Sell Signal (Short):
Bollinger Band Squeeze: Look for a period where the Bollinger Bands contract significantly.
RSI Breakdown: After the squeeze, wait for the price to break decisively below the lower Bollinger Band. Simultaneously, the RSI should break below 40 (or even 30), indicating strong bearish momentum.
Volume Surge: The breakdown candle should be accompanied by a significant increase in trading volume, ideally above its recent average, confirming strong selling interest.
Strong Bearish Candle: The breakdown candle itself should be a large, bearish candle (e.g., a strong red candle with a small lower wick or a bearish engulfing pattern), demonstrating seller conviction.
Rainbow Price Chart This indicator is a technical and on-chain analysis tool for Bitcoin, designed to help investors better understand the different phases of the market cycle and underlying sentiment. It directly overlays on the price chart (overlay=true).
Indicator Name: "Rainbow Price Chart & V/T Ratio Signals"
General Purpose:
It combines two popular methodologies for visualizing Bitcoin's value and sentiment: the classic "Rainbow Price Chart" and signals derived from the "Value per Transaction Ratio" (V/T Ratio) based on blockchain data. It is ideal for long-term investors looking for strategic entry/exit points.
Main Components:
Rainbow Price Chart:
Concept: Divides Bitcoin's price range into different market "sentiment zones" (e.g., "Bubble Zone," "FOMO Zone," "HODL Zone," "Accumulation Zone," "Buy Zone," "Fire Sale Zone") using colored bands. These bands are calculated as ascending and descending multiples of a base Exponential Moving Average (EMA), configurable by default to 200 periods.
Visualization: The zones are represented with transparent color fills on the price chart. A detailed legend in the top right corner of the chart explains the meaning of each color and sentiment zone.
Important Note: This type of chart is designed to be viewed and analyzed correctly on a logarithmic price scale. The indicator includes a visual reminder to activate this scale.
Value per Transaction (V/T) Ratio Signals:
Concept: Measures the average value per transaction on the Bitcoin blockchain by dividing the total transacted volume in USD by the number of transactions. This ratio is smoothed with an Exponential Moving Average (by default, 7 periods) and is framed within a dynamic Linear Regression Channel (LRC) based on standard deviation.
Signal Generation: Based on the position of the smoothed V/T Ratio within this LRC channel, the indicator generates signals directly on the price chart, such as:
"BOTTOM": Low price, V/T Ratio in the lower band of the LRC.
"SEMI-LOW" / "SEMI-HIGH": Intermediate phases within the channel.
"ATH" (All-Time High): Potentially overvalued price, V/T Ratio in the upper band of the LRC.
On-Chain Data: The indicator requests external daily on-chain data for total transacted volume (TVTVR) and number of transactions (NTRAN) from the Bitcoin blockchain.
Diagnostic Panes: Includes plots of the raw on-chain data (volume and number of transactions) in a separate pane, which are useful for debugging or verifying the data source. The lines for the V/T Ratio itself and its LRC channel are not plotted by default but can be activated in the code for deeper analysis.
Ideal for:
Bitcoin investors and "hodlers" who desire a visual tool that combines price-based market cycle context with fundamental signals derived from on-chain activity, to help identify key moments for accumulation or potential distribution.
Considerations:
Relies on the availability of external on-chain data (QUANDL:BCHAIN) within TradingView.
Functions best on a daily timeframe.
Rolling VWAP LevelsRolling VWAP Levels Indicator
Overview
Dynamic horizontal lines showing rolling Volume Weighted Average Price (VWAP) levels for multiple timeframes (7D, 30D, 90D, 365D) that update in real-time as new bars form.
Who This Is For
Day traders using VWAP as support/resistance
Swing traders analyzing multi-timeframe price structure
Scalpers looking for mean reversion entries
Options traders needing volatility bands for strike selection
Institutional traders tracking volume-weighted fair value
Risk managers requiring dynamic stop levels
How To Trade With It
Mean Reversion Strategies:
Buy when price is below VWAP and showing bullish divergence
Sell when price is above VWAP and showing bearish signals
Use multiple timeframes - enter on shorter, confirm on longer
Target opposite VWAP level for profit taking
Breakout Trading:
Watch for price breaking above/below key VWAP levels with volume
Use 7D VWAP for intraday breakouts
Use 30D/90D VWAP for swing trade breakouts
Confirm breakout with move beyond first standard deviation band
Support/Resistance Trading:
VWAP levels act as dynamic support in uptrends
VWAP levels act as dynamic resistance in downtrends
Multiple timeframe VWAP confluence creates stronger levels
Use standard deviation bands as additional S/R zones
Risk Management:
Place stops beyond next VWAP level
Use standard deviation bands for position sizing
Exit partial positions at VWAP levels
Monitor distance table for overextended moves
Key Features
Real-time Updates: Lines move and extend as new bars form
Individual Styling: Custom colors, widths, styles for each timeframe
Standard Deviation Bands: Optional volatility bands with custom multipliers
Smart Labels: Positioned above, below, or diagonally relative to lines
Distance Table: Shows percentage distance from each VWAP level
Alert System: Get notified when price crosses VWAP levels
Memory Efficient: Automatically cleans up old drawing objects
Settings Explained
Display Group: Show/hide labels, font size, line transparency, positioning
Individual VWAP Groups: Color, line width (1-5), line style for each timeframe
Standard Deviation Bands: Enable bands with custom multipliers (0.5, 1.0, 1.5, 2.0, etc.)
Labels Group: Position (8 options including diagonal), custom text, price display
Additional Info: Distance table, alert conditions
Technical Implementation
Uses rolling arrays to maintain sliding windows of price*volume data. The core calculation function processes both VWAP and standard deviation efficiently. Lines are created dynamically and updated every bar. Memory management prevents object accumulation through automatic cleanup.
Best Practices
Start with 7D and 30D VWAP for most strategies
Add 90D/365D for longer-term context
Use standard deviation bands when volatility matters
Position labels to avoid chart clutter
Enable distance table during high volatility periods
Set alerts for key VWAP level breaks
Market Applications
Forex: Major pairs during London/NY sessions
Stocks: Large cap names with good volume
Crypto: Bitcoin, Ethereum, major altcoins
Futures: ES, NQ, CL, GC with continuous volume
Options: Use SD bands for strike selection and volatility assessment
Opening Range Breakout (15 mins Range)Take the guesswork out of your trading with the Opening Range Breakout Pro script. This tool automatically marks the high and low of the first 15 minutes of the NYSE session, then highlights the first candle to break out above or below this range—removing ambiguity from your trade entries.
The opening range is one of the most powerful concepts in day trading. By identifying the price range set during the market’s first minutes, you gain a clear framework for your trades. When price breaks out above the range, it often signals a strong bullish move; a break below signals bearish momentum. This script visually marks these moments, so you can react quickly and confidently.
Why use Opening Range Breakout Pro?
• Defined Entry and Exit Points: The script gives you clear, objective breakout levels—no more guessing when to enter a trade.
• Removes Emotional Trading: With visual cues for breakouts, you can follow a systematic approach and avoid hesitation or FOMO.
• Backtested, Time-Tested Strategy: The opening range breakout has been used by professional traders for decades to capture early trends and maximize profit potential.
• High Reward Potential: By capitalizing on the volatility and momentum of the opening session, traders often catch the best moves of the day.
• Easy to Use: Just add to your chart—no configuration needed. The script works on any NYSE stock, on a 5-minute chart.
How it works:
• Draws the opening 15-minute high and low as orange lines.
• Labels the range prices for quick reference.
• Marks the first candle to close above the range with an orange ▲, and the first to close below with an orange ▼.
Take control of your trading day, remove uncertainty, and trade with confidence—just like the pros.
First 15-min Candle High/LowFirst 15-Min Candle High/Low – Intraday Range Indicator
This script plots the High and Low of the first 15-minute candle of the trading day using:
🟢 Green horizontal line for the first 15-min High
🔴 Red horizontal line for the first 15-min Low
These levels are commonly used by intraday traders as:
Breakout zones
Support/resistance levels
Entry/exit reference points
The script is designed to reset daily and is especially helpful for index and equity traders operating during market open volatility.
⏰ Optimized for markets operating in IST (Indian Standard Time), such as NSE/BSE, starting at 09:15 AM.
🛠️ How to Use:
Apply on 15-minute or lower timeframes
Ideal for breakout strategies, opening range setups, or volatility scalping
Volatility-Adjusted Momentum Score (VAMS) [QuantAlgo]🟢 Overview
The Volatility-Adjusted Momentum Score (VAMS) measures price momentum relative to current volatility conditions, creating a normalized indicator that identifies significant directional moves while filtering out market noise. It divides annualized momentum by annualized volatility to produce scores that remain comparable across different market environments and asset classes.
The indicator displays a smoothed VAMS Z-Score line with adaptive standard deviation bands and an information table showing real-time metrics. This dual-purpose design enables traders and investors to identify strong trend continuation signals when momentum persistently exceeds normal levels, while also spotting potential mean reversion opportunities when readings reach statistical extremes.
🟢 How It Works
The indicator calculates annualized momentum using a simple moving average of logarithmic returns over a specified period, then measures annualized volatility through the standard deviation of those same returns over a longer timeframe. The raw VAMS score divides momentum by volatility, creating a risk-adjusted measure where high volatility reduces scores and low volatility amplifies them.
This raw VAMS value undergoes Z-Score normalization using rolling statistical parameters, converting absolute readings into standardized deviations that show how current conditions compare to recent history. The normalized Z-Score receives exponential moving average smoothing to create the final VAMS line, reducing false signals while preserving sensitivity to meaningful momentum changes.
The visualization includes dynamically calculated standard deviation bands that adjust to recent VAMS behavior, creating statistical reference zones. The information table provides real-time numerical values for VAMS Z-Score, underlying momentum percentages, and current volatility readings with trend indicators.
🟢 How to Use
1. VAMS Z-Score Bands and Signal Interpretation
Above Mean Line: Momentum exceeds historical averages adjusted for volatility, indicating bullish conditions suitable for trend following
Below Mean Line: Momentum falls below statistical norms, suggesting bearish conditions or downward pressure
Mean Line Crossovers: Primary transition signals between bullish and bearish momentum regimes
1 Standard Deviation Breaks: Strong momentum conditions indicating statistically significant directional moves worth following
2 Standard Deviation Extremes: Rare momentum readings that often signal either powerful breakouts or exhaustion points
2. Information Table and Market Context
Z-Score Values: Current VAMS reading displayed in standard deviations (σ), showing how far momentum deviates from its statistical norm
Momentum Percentage: Underlying annualized momentum displayed as percentage return, quantifying the directional strength
Volatility Context: Current annualized volatility levels help interpret whether VAMS readings occur in high or low volatility environments
Trend Indicators: Directional arrows and change values provide immediate feedback on momentum shifts and market transitions
3. Strategy Applications and Alert System
Trend Following: Use sustained readings beyond the mean line and 1σ band penetrations for directional trades, especially when VAMS maintains position in upper or lower statistical zones
Mean Reversion: Focus on 2σ extreme readings for contrarian opportunities, particularly effective in sideways markets where momentum tends to revert to statistical norms
Alert Notifications: Built-in alerts for mean crossovers (regime changes), 1σ breaks (strong signals), and 2σ touches (extreme conditions) help monitor multiple instruments for both continuation and reversal setups
