Quarterly Theory ICT 03 [TradingFinder] Precision Swing Points🔵 Introduction
Precision Swing Point (PSP) is a divergence pattern in the closing of candles between two correlated assets, which can indicate a potential trend reversal. This structure appears at market turning points and highlights discrepancies between the price behavior of two related assets.
PSP typically forms in key timeframes such as 5-minute, 15-minute, and 90-minute charts, and is often used in combination with Smart Money Concepts (SMT) to confirm trade entries.
PSP is categorized into Bearish PSP and Bullish PSP :
Bearish PSP : Occurs when an asset breaks its previous high, and its middle candle closes bullish, while the correlated asset closes bearish at the same level. This divergence signals weakness in the uptrend and a potential price reversal downward.
Bullish PSP : Occurs when an asset breaks its previous low, and its middle candle closes bearish, while the correlated asset closes bullish at the same level. This suggests weakness in the downtrend and a potential price increase.
🟣 Trading Strategies Using Precision Swing Point (PSP)
PSP can be integrated into various trading strategies to improve entry accuracy and filter out false signals. One common method is combining PSP with SMT (divergence between correlated assets), where traders identify divergence and enter a trade only after PSP confirms the move.
Additionally, PSP can act as a liquidity gap, meaning that price tends to react to the wick of the PSP candle, making it a favorable entry point with a tight stop-loss and high risk-to-reward ratio. Furthermore, PSP combined with Order Blocks and Fair Value Gaps in higher timeframes allows traders to identify stronger reversal zones.
In lower timeframes, such as 5-minute or 15-minute charts, PSP can serve as a confirmation for more precise entries in the direction of the higher timeframe trend. This is particularly useful in scalping and intraday trading, helping traders execute smarter entries while minimizing unnecessary stop-outs.
🔵 How to Use
PSP is a trading pattern based on divergence in candle closures between two correlated assets. This divergence signals a difference in trend strength and can be used to identify precise market turning points. PSP is divided into Bullish PSP and Bearish PSP, each applicable for long and short trades.
🟣 Bullish PSP
A Bullish PSP forms when, at a market turning point, the middle candle of one asset closes bearish while the correlated asset closes bullish. This discrepancy indicates weakness in the downtrend and a potential price reversal upward.
Traders can use this as a signal for long (buy) trades. The best approach is to wait for price to return to the wick of the PSP candle, as this area typically acts as a liquidity level.
f PSP forms within an Order Block or Fair Value Gap in a higher timeframe, its reliability increases, allowing for entries with tight stop-loss and optimal risk-to-reward ratios.
🟣 Bearish PSP
A Bearish PSP forms when, at a market turning point, the middle candle of one asset closes bullish while the correlated asset closes bearish. This indicates weakness in the uptrend and a potential price decline.
Traders use this pattern to enter short (sell) trades. The best entry occurs when price retests the wick of the PSP candle, as this level often acts as a resistance zone, pushing price lower.
If PSP aligns with a significant liquidity area or Order Block in a higher timeframe, traders can enter with greater confidence and place their stop-loss just above the PSP wick.
Overall, PSP is a highly effective tool for filtering false signals and improving trade entry precision. Combining PSP with SMT, Order Blocks, and Fair Value Gaps across multiple timeframes allows traders to execute higher-accuracy trades with lower risk.
🔵 Settings
Mode :
2 Symbol : Identifies PSP and PCP between two correlated assets.
3 Symbol : Compares three assets to detect more complex divergences and stronger confirmation signals.
Second Symbol : The second asset used in PSP and correlation calculations.
Third Symbol : Used in three-symbol mode for deeper PSP and PCP analysis.
Filter Precision X Point : Enables or disables filtering for more precise PSP and PCP detection. This filter only identifies PSP and PCP when the base asset's candle qualifies as a Pin Bar.
Trend Effect : By changing the Trend Effect status to "Off," all Pin bars, whether bullish or bearish, are displayed regardless of the current market trend. If the status remains "On," only Pin bars in the direction of the main market trend are shown.
Bullish Pin Bar Setting : Using the "Ratio Lower Shadow to Body" and "Ratio Lower Shadow to Higher Shadow" settings, you can customize your bullish Pin bar candles. Larger numbers impose stricter conditions for identifying bullish Pin bars.
Bearish Pin Bar Setting : Using the "Ratio Higher Shadow to Body" and "Ratio Higher Shadow to Lower Shadow" settings, you can customize your bearish Pin bar candles. Larger numbers impose stricter conditions for identifying bearish Pin bars.
🔵 Conclusion
Precision Swing Point (PSP) is a powerful analytical tool in Smart Money trading strategies, helping traders identify precise market turning points by detecting divergences in candle closures between correlated assets. PSP is classified into Bullish PSP and Bearish PSP, each playing a crucial role in detecting trend weaknesses and determining optimal entry points for long and short trades.
Using the PSP wick as a key liquidity level, integrating it with SMT, Order Blocks, and Fair Value Gaps, and analyzing higher timeframes are effective techniques to enhance trade entries. Ultimately, PSP serves as a complementary tool for improving entry accuracy and reducing unnecessary stop-outs, making it a valuable addition to Smart Money trading methodologies.
Candlestick analysis
Fair Value Gap Finder [Find Better Trades]Fair Value Gap Finder (FVG) – Spot Institutional Imbalances
📈 Identify Key Market Imbalances
The Fair Value Gap Finder automatically detects price inefficiencies where aggressive buying or selling has created an imbalance in liquidity. These gaps, often left by institutional traders, can serve as key areas for price to revisit before continuing its trend.
🔍 How It Works:
Highlights bullish Fair Value Gaps (FVGs) in green, signaling potential support zones.
Highlights bearish Fair Value Gaps (FVGs) in red, signaling potential resistance zones.
Uses ATR-based filtering to eliminate small, insignificant gaps, focusing only on high-probability setups.
Alerts included! Get notified when a valid Fair Value Gap is detected.
📊 How to Trade Using FVGs:
✅ For Buy Trades: Wait for price to return to a bullish FVG and confirm support before entering long.
✅ For Sell Trades: Wait for price to revisit a bearish FVG and confirm resistance before entering short.
✅ Use with candlestick patterns, trend analysis, or volume for additional confirmation.
⚙️ Customizable Settings:
Adjust the ATR Multiplier to control how large a gap must be before triggering a signal.
Enable alerts to stay informed in real time when new FVGs appear.
💡 Why Use This Indicator?
Fair Value Gaps are widely used by professional traders to spot areas of liquidity, making them valuable for scalping, swing trading, and institutional-style trading.
🚀 Add it to your TradingView chart and start trading with precision!
Smoothed Heiken Ashi with ArrowsSmoothed Heiken Ashi with Arrows
This indicator plots Smoothed Heiken Ashi candles and adds arrows to highlight trend reversals:
• Green arrow (UP) → Appears when a red (bearish) candle turns green (bullish).
• Red arrow (DOWN) → Appears when a green (bullish) candle turns red (bearish).
The smoothing settings are customizable, allowing you to adjust how the candles are calculated.
Use this tool to easily spot trend shifts and potential entry points.
Momentum IndicatorThe "Momentum Indicator" is a powerful tool designed to visualize bullish and bearish momentum on the chart using two Simple Moving Averages (SMAs).
🔍 How It Works:
SMA 1 (Default: 3) – A fast-moving average to capture short-term momentum.
SMA 2 (Default: 14) – A slower-moving average for identifying the broader trend.
Green Shading: When SMA 1 is above SMA 2, indicating bullish momentum.
Red Shading: When SMA 1 is below SMA 2, indicating bearish momentum
Inside/Outside Based on Current Price (No Overlap)Timeframe continuity indicator that shows the 5m / 15m / 1h timeframes, going from least to greatest, top to bottom. When the timeframe is yellow that means it is inside the previous bar on the timeframe being indicated, green is for outside bullish, and red is for outside bearish. I use this in conjunction with a couple different tools for trend analysis, mostly for confirmation and confluence not for sell and buy signals. The best way to run this is in a separate pane like you see in the screenshot for the cover.
Happy trading!!
-Drgzzz
Grease Trap V1.0The Grease Trap V1.0 indicator is a dynamic, Fibonacci-based strategy that calculates unique moving averages to generate trading signals. Below is an overview of its main components and functionality:
How It Works
Fibonacci Grouped Averages:
Dynamic Fibonacci Sequence:
The indicator uses a custom function that dynamically builds a Fibonacci sequence. The user can set the number of Fibonacci elements for two separate calculations:
One for the Indicator Average (default: 9 elements).
One for the Base Average (default: 14 elements).
Grouped Averaging:
Using these Fibonacci numbers, the script groups historical closing prices into segments. For each group (with a length determined by a Fibonacci number), it computes an average. These individual group averages are then averaged together to produce a single dynamic average.
Plotting and Visual Cues:
Two Lines:
The indicator plots two lines on the chart:
Primary Dynamic Fibonacci Grouped Average
Base Dynamic Fibonacci Grouped Average
Color Coding:
The colors of these lines change based on their relationship to the current high price and to each other. For example, if the primary average is above the high or crosses above the base average, it might be shown in green or yellow, whereas certain conditions trigger red, signaling caution.
Crossover Dots:
When the primary average crosses above the base (a bullish signal), a green dot is plotted. Conversely, when it crosses below (a bearish signal), a red dot is displayed. These dots help visually pinpoint the moments of potential trade entry or exit.
Trading Signals and Orders:
Buy Signal:
Triggered when the primary average crosses above the base average. On a buy signal:
If in a short position, it closes that position.
Then, it enters a long position.
Sell Signal:
Triggered when the primary average crosses below the base average. On a sell signal:
If in a long position, it closes that position.
Then, it enters a short position.
Profit Target Management:
The indicator includes automated profit management:
For long positions, it sets an exit order when the price rises by a user-defined percentage (default: 2%).
For short positions, it sets an exit order when the price falls by a similar percentage.
Alerts:
The script is equipped with alert conditions. Traders receive notifications whenever a buy or sell signal is generated, helping them stay on top of potential trading opportunities.
Customization
User Inputs:
Traders can adjust:
The number of Fibonacci elements for each average calculation.
Profit target percentages for both long and short positions.
Data Length Requirement:
The script ensures it uses at least 200 data points (or the total number of available bars, whichever is greater) for a robust calculation of the averages.
In Summary
The Grease Trap V1.0 indicator combines the mathematical elegance of Fibonacci sequences with dynamic grouped averaging. It offers:
Innovative Moving Averages: Based on Fibonacci groupings of historical price data.
Clear Visual Cues: Through color-coded lines and crossover dots.
Automated Trading Actions: With built-in order management and profit targets.
Alert Notifications: So traders are instantly aware of key market signals.
This makes the Grease Trap V1.0 a comprehensive tool for both signal generation and automated strategy execution, suitable for traders looking to integrate Fibonacci principles into their trading systems.
Liquidations [EGORAINAThis is a simplified version of the original Open Intrest / Volume / Liquidations (Suite) script . Only Liquidations are here, since the original version of this script takes a long time to load on the chart - I created this one. Thanks for the source code
Body-to-Wick Ratio Candlestick DetectorThis TradingView Pine Script implements a candlestick pattern detection strategy based on the body-to-wick ratio. The strategy identifies bullish and bearish candlestick patterns (like Hammers, Inverted Hammers, Pin Bars, etc.) and generates buy/sell signals when these patterns form.
EMA12 Derivative Zero PointsCalcula la Derivada de la curva de la EMA 12. La idea parte de la estrategia del reto de ZCoin y Scott.
Lo que hace es marcar una línea amarilla en el punto en que la EMA 12 se cruza con una vela por el cuerpo y se extiende por 7 velas centrada en la vela de cruce del precio. Es muy básico, sigo probando para mejorar la idea.
Spyder NQ💵 Estratégias USA Tech 📈
🚀Análises e tendências para maximizar seus lucros.
🤑 Renda extra em Dólares!
Bias TableOverview
The Bias Table Indicator is a multi-timeframe analysis tool designed to provide a quick sentiment overview across multiple timeframes. It combines signals from Moving Averages (MAs) and Oscillators to determine market bias, helping traders make more informed decisions.
Key Features
✔ Multi-Timeframe Analysis (MTF) – Displays market bias across up to five timeframes.
✔ Customizable Signals – Choose whether bias is based on Moving Averages (MAs), Oscillators, or a combination of both.
✔ Visual Table Format – The indicator presents the bias as a color-coded table in the bottom-right corner of the chart for quick reference.
✔ Adjustable Colors & Display Settings – Users can customize colors for different sentiment states (Strong Buy, Buy, Neutral, Sell, Strong Sell).
How It Works
Bias Calculation: The indicator evaluates market conditions using preset values (which can be replaced with actual logic) to determine sentiment for each timeframe.
Multi-Timeframe Support: The table can display bias from hourly to monthly timeframes, giving traders a broader view of market conditions.
Customizable Signals: Users can filter the table to show bias based only on MAs, Oscillators, or a combination of both.
Interpreting the Table
📊 Timeframes: The leftmost column shows selected timeframes (e.g., 1H, 4H, 1D, 1W, 1M).
📈 Signal Columns:
MAs – Bias based on Moving Averages.
Oscillators – Bias based on momentum indicators like RSI, Stochastics, etc.
All – A combined bias based on both MAs & Oscillators.
🚦 Color-Coded Ratings:
🔵 Strong Buy – High bullish strength.
🔹 Buy – Moderate bullish sentiment.
⚪ Neutral – No clear trend.
🔸 Sell – Moderate bearish sentiment.
🔴 Strong Sell – High bearish strength.
Best Used For:
📈 Trend Confirmation: Validate signals from your primary strategy.
⏳ Multi-Timeframe Analysis: See whether short-term and long-term trends align.
⚡ Quick Sentiment Check: Get a high-level view of market conditions without analyzing multiple indicators separately.
Customization Options:
Select which timeframes to include in the table.
Choose whether to base bias on MAs, Oscillators, or both.
Adjust colors for each signal type.
Heiken Ashi Supertrend ATR-SL StrategyThis indicator combines Heikin Ashi candle pattern analysis with Supertrend to generate high-probability trading signals with built-in risk management. It identifies potential entries and exits based on specific Heikin Ashi candlestick formations while providing automated ATR-based stop loss management.
Trading Logic:
The system generates long signals when a green Heikin Ashi candle forms with no bottom wick (indicating strong bullish momentum). Short signals appear when a red Heikin Ashi candle forms with no top wick (showing strong bearish momentum). The absence of wicks on these candles signals a high-conviction market move in the respective direction.
Exit signals are triggered when:
1. An opposite pattern forms (red candle with no top wick exits longs; green candle with no bottom wick exits shorts)
2. The ATR-based stop loss is hit
3. The break-even stop is activated and then hit
Technical Approach:
- Select Heiken Ashi Canldes on your Trading View chart. Entried are based on HA prices.
- Supertrend and ATR-based stop losses use real price data (not HA values) for trend determination
- ATR-based stop losses automatically adjust to market volatility
- Break-even functionality moves the stop to entry price once price moves a specified ATR multiple in your favor
Risk Management:
- Default starting capital: 1000 units
- Default risk per trade: 10% of equity (customizable in strategy settings)
- Hard Stop Loss: Set ATR multiplier (default: 2.0) for automatic stop placement
- Break Even: Configure ATR threshold (default: 1.0) to activate break-even stops
- Appropriate position sizing relative to equity and stop distance
Customization Options:
- Supertrend Settings:
- Enable/disable Supertrend filtering (trade only in confirmed trend direction)
- Adjust Factor (default: 3.0) to change sensitivity
- Modify ATR Period (default: 10) to adapt to different timeframes
Visual Elements:
- Green triangles for long entries, blue triangles for short entries
- X-marks for exits and stop loss hits
- Color-coded position background (green for long, blue for short)
- Clearly visible stop loss lines (red for hard stop, white for break-even)
- Comprehensive position information label with entry price and stop details
Implementation Notes:
The indicator tracks positions internally and maintains state across bars to properly manage stop levels. All calculations use confirmed bars only, with no repainting or lookahead bias. The system is designed for swing trading on timeframes from 1-hour and above, where Heikin Ashi patterns tend to be more reliable.
This indicator is best suited for traders looking to combine the pattern recognition strengths of Heikin Ashi candles with the trend-following capabilities of Supertrend, all while maintaining disciplined risk management through automated stops.
9:45 AM Candle Body ColorThis script highlights a candle used as a signal for a potential trade setup
MACD Pro+ - SHIFU_INMACD Pro+ — это продвинутая версия классического индикатора MACD с улучшенными визуальными элементами и дополнительными сигналами для удобства торговли.
Основные особенности:
🔹Цветовая схема гистограммы — обновлена на более контрастные белый и тёмно-бордовый цвета, что облегчает анализ изменения тренда.
🔹Сигнальные метки "Order" — появляются только в моменты пересечения MACD нулевой линии (вверх или вниз), что позволяет лучше идентифицировать возможные точки входа в рынок.
🔹Чистый и удобный график — минимизирован визуальный шум, удалены избыточные элементы.
🔹Алерты — мгновенные уведомления о пересечении MACD нулевой линии для быстрого реагирования.
📌 Как использовать?
🔹 Пересечение вверх (метка "Order" зелёного цвета) — потенциальный сигнал на открытие длинной позиции (лонг).
🔹 Пересечение вниз (метка "Order" красного цвета) — потенциальный сигнал на открытие короткой позиции (шорт).
🔹 Используйте MACD Pro+ в сочетании с другими индикаторами и уровнями поддержки/сопротивления для более точного входа.
🔹При дополнительных настройка, можно использовать в соло.
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MACD Pro+ is an advanced version of the classic MACD indicator, featuring enhanced visual elements and additional signals for more convenient trading.
Key Features:
🔹Histogram color scheme — updated to a more contrasting white and dark burgundy for easier trend analysis.
🔹"Order" signal labels — appear only when MACD crosses the zero line (up or down), helping traders identify potential entry points more effectively.
🔹 Clean and user-friendly chart — reduced visual noise by removing unnecessary elements.
🔹Alerts — instant notifications about MACD zero-line crossings for quick decision-making.
📌 How to Use?
🔹 Upward crossing (green "Order" label) — a potential signal for opening a long position.
🔹 Downward crossing (red "Order" label) — a potential signal for opening a short position.
🔹 Use MACD Pro+ together with other indicators and support/resistance levels for better accuracy in trade entries.
🔹 With additional customization, can be used solo.
Gap Up Candlehere the color of the bar is coded yellow for a gap up of minimum .5% from previous day high
Sweep Candle HighlighterHighlight a candle that swept the previous candle high / low and closed with body above / below the previous candle
Enhanced Scalping StrategyEnhanced Scalping Strategy for Forex Pairs – Best Performance on AUD/USD 🇦🇺💰
📌 Introduction
After extensive backtesting, I’ve refined a scalping strategy that delivers strong results across multiple FX pairs, with the best performance seen on AUD/USD. This strategy uses a combination of EMAs, ATR-based risk management, MACD, RSI, and ADX to filter high-probability trades.
✅ Backtested across multiple pairs
✅ Optimized entry & exit conditions
✅ Strong risk management via ATR-based SL/TP & trailing stop
✅ Works best on AUD/USD based on historical testing
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📊 Backtest Results & Performance
🔥 Best Pair: AUD/USD
📈 Total P&L: +50.66%
📉 Max Drawdown: 23.14%
🔄 Total Trades: 1,210
✅ Win Rate: 40.25%
💡 Profit Factor: 1.083
📌 AUD/USD performed best due to its stable liquidity, tighter spreads, and strong adherence to technical levels.
🔍 Other FX Pairs Tested:
- EUR/USD: +7.69% (Profit Factor: 1.019)
- USD/JPY: +10.17% (Profit Factor: 1.016)
- GBP/JPY: -4.40% (Profit Factor: 0.991)
- AUD/JPY: +13.58% (Profit Factor: 1.028)
- EUR/JPY: +45.97% (Profit Factor: 1.095)
📌 The strategy works well across multiple pairs but performs best when trends are stronger and volume is consistent.
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📌 Strategy Breakdown
📌 Indicators Used:
🔹 EMA 8 & EMA 21 – Identifies momentum shifts
🔹 RSI 14 – Filters overbought/oversold conditions
🔹 MACD (12, 26, 9) – Confirms trend direction
🔹 ADX (14, 14) – Measures trend strength
🔹 ATR-based SL & TP – Dynamic risk management
📌 Entry Conditions:
✅ Long:
- Price above EMA 8 & EMA 21
- ADX > 20 (strong trend)
- MACD crossover up
- RSI 30-70 range
- Above 20-period SMA Volume
✅ Short:
- Price below EMA 8 & EMA 21
- ADX > 20
- MACD crossover down
- RSI 30-70 range
- Above 20-period SMA Volume
📌 Exit Conditions:
🚀 Profit Target (TP) = ATR × 3
⛔ Stop Loss (SL) = ATR × 2
🔄 Trailing Stop activates after price moves in profit
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📌 Why AUD/USD Works Best?
✅ Highly Liquid Pair – Ideal for scalping with tight spreads
✅ Strong Technical Adherence – EMA & MACD provide cleaner signals
✅ Lower Volatility Swings – Allows for better risk management
📌 Pairs with higher spreads (e.g., GBP/JPY) tend to perform worse because they require larger moves to cover trading costs.
📢 How to Use This Strategy
1️⃣ Apply the script to a 5-minute timeframe
2️⃣ Use AUD/USD for optimal results
3️⃣ Wait for full confluence before entering trades
4️⃣ Let the ATR-based SL/TP manage risk dynamically
5️⃣ Monitor volume for confirmation
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📣 Final Thoughts & Community Feedback
💡 This strategy has been tested extensively, and while no strategy is perfect, AUD/USD has proven to be the most reliable pair. I'd love to hear your thoughts!
📌 Would you try this on different timeframes or pairs? Let me know in the comments! 🚀📉
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RSI Disparity SignalRSI Disparity Signal Indicator
Overview:
This TradingView indicator detects when the RSI is significantly lower than its RSI-based moving average (RSI MA). Whenever the RSI is 20 points or more below the RSI MA, a signal (red dot) appears above the corresponding candlestick.
How It Works:
Calculates RSI using the default 14-period setting.
Calculates the RSI-based Moving Average (RSI MA) using a 14-period simple moving average (SMA).
Measures the disparity between the RSI and its MA.
Generates a signal when the RSI is 20 points or more below the RSI MA.
Plots a red circle above the candlestick whenever this condition is met.
Customization:
You can modify the RSI length and MA period to fit your trading strategy.
Change the plotshape() style to use different symbols like triangles or arrows.
Adjust the disparity threshold (currently set at 20) to make the signal more or less sensitive.
Use Case:
This indicator can help identify potentially oversold conditions where RSI is significantly below its average, signaling possible price reversals.
UT Bot Alerts with EMAs, VWAP, CPR, and High/Low LinesUse it On your own Risk, I have Added V2 Aas Previous Day high and low.