MA CrossThis is a 20 and 50 Exponential Moving Average Cross indicator.
This signals when the EMA crossover and Price touches the 20 EMA.
Candlestick analysis
Options Risk Manager v2.2.0 - Priority 7 CompleteScript Description for TradingView Publication
Options Risk Manager v2.2.0 - Priority 7 Complete
What does this script do?
Options Risk Manager v2.2.0 is a comprehensive position management system designed specifically for options traders. The indicator calculates precise stop loss levels, risk/reward targets, and position sizing based on user-defined risk parameters. It provides real-time profit/loss tracking, options Greeks monitoring, and automated alert systems for critical price levels.
The script displays entry points, stop losses, and profit targets directly on the chart while continuously calculating position metrics including dollar risk, account exposure, and probability of success. Version 2.2.0 introduces Priority 7 advanced alerts with dynamic risk warnings and multi-condition notifications.
How does it do it?
The script performs several key calculations:
1. Risk-Based Stop Loss Calculation - Determines stop loss levels based on percentage of entry price, automatically adjusting for calls versus puts. Put positions place stops above entry, while calls place stops below.
2. Position Sizing Algorithm - Calculates optimal contract quantities using account size, risk
percentage, and stop distance to ensure consistent risk per trade regardless of underlying price.
3. Options-Specific P&L Tracking - Incorporates Delta, Gamma, Vega, and Theta to provide accurate profit/loss calculations for options positions, including time decay effects.
4. Three-Phase Trade Management - Implements systematic position management through Entry
Phase (initial risk), Profit Phase (approaching target), and Trailing Phase (EMA-based exit
management).
5. Multi-Level Alert System - Monitors price action, Greeks thresholds, time decay acceleration, and account risk levels to generate context-aware notifications.
How to use it?
Initial Setup:
1. Apply indicator to any optionable security
2. Toggle "In Position" ON when entering a trade
3. Set Direction (Call/Put) and Side (Long/Short)
4. Enter the underlying price at position entry
5. Specify number of contracts and risk percentage
Position Management:
Blue line shows entry price
Red line indicates stop loss level
Orange line displays risk/reward target
Purple EMA line activates after target hit
Monitor real-time P&L in trade panels
Alert Configuration:
Enable Advanced Alerts in settings
Set profit/loss notification thresholds
Configure Greek-based warnings
Activate time decay alerts for expiration
Risk Parameters:
Risk % determines stop distance from entry
Account Value sets position sizing limits
Contract Multiplier (standard = 100)
R:R Ratio defines profit targets
What makes it unique?
Options Risk Manager addresses the specific challenges of options trading that generic indicators miss. The script accounts for the inverse relationship in put options (profiting from price declines), incorporates Greeks for accurate P&L calculations, and provides options-specific limit orders for TradeStation integration.
The three-phase management system removes emotional decision-making by defining clear rules for position management. Phase transitions occur automatically based on price action, shifting from initial risk management to profit protection to trend-following modes.
Version 2.2.0's Priority 7 alert system provides intelligent notifications that include live metrics, risk warnings, and market context rather than simple price crosses.
Key Features Summary
Options-Specific Calculations - Proper handling of calls/puts with inverse relationships
Risk-Based Position Sizing - Consistent risk regardless of underlying price
Greeks Integration - Delta, Gamma, Vega, Theta for accurate tracking
Phase Management System - Systematic three-stage position handling
Advanced Alert System - Context-aware notifications with metrics
TradeStation Integration - Option limit orders for execution
Visual Risk Display - Clear chart overlays for all levels
Probability Calculator - Win/loss probability with expected value
Multi-Account Support - Scales from small to large accounts
Important Notes
This indicator requires manual input of option prices and Greeks (available from your broker's option chain). It functions as a risk management overlay and does not generate entry signals. The calculations assume standard options contracts of 100 shares.
Designed for TradeStation platform with full functionality. Basic features available on other platforms
without options data integration. Always verify calculations with your broker's risk system before placing
trades.
EMA 200 Monitor - Bybit CoinsEMA 200 Monitor - Bybit Coins
📊 OVERVIEW
The EMA 200 Monitor - Bybit Coins is an advanced indicator that automatically monitors 30 of the top cryptocurrencies traded on Bybit, alerting you when they are close to the 200-period Exponential Moving Average on the 4-hour timeframe.
This indicator was developed especially for traders who use the EMA 200 as a key support/resistance level in their swing trading and position trading strategies.
🎯 WHAT IT'S FOR
Multi-Asset Monitoring: Simultaneous monitoring of 30 cryptocurrencies without having to switch between charts
Opportunity Identification: Detects when coins are approaching the 200 EMA, a crucial technical level
Automated Alerts: Real-time notifications when a coin reaches the configured proximity
Time Efficiency: Eliminates the need to manually check chart collections
⚙️ HOW IT WORKS
Main Functionality
The indicator uses the request.security() function to fetch price data and calculate the 200 EMA of each monitored asset. With each new bar, the script:
Calculates the distance between the current price and the 200 EMA for each coin
Identifies proximity based on the configured percentage (default: 2%)
Displays results in a table organized on the chart
Generates automatic alerts when proximity is detected
Monitored Coins
Major : BTC, ETH, BNB, ADA, XRP, SOL, DOT, DOGE, AVAX
DeFi : UNI, LINK, ATOM, ICP, NEAR, OP, ARB, INJ
Memecoins : SHIB, PEPE, WIF, BONK, FLOKI
Emerging : SUI, TON, APT, POL (ex-MATIC)
📋 AVAILABLE SETTINGS
Adjustable Parameters
EMA Length (Default: 200): Exponential Moving Average Period
Proximity Percentage (Default: 2%): Distance in percentage to consider "close"
Show Table (Default: Active): Show/hide results table
Table Position: Position of the table on the chart (9 options available)
Color System
🔴 Red: Distance ≤ 1% (very close)
🟠 Orange: Distance ≤ 1.5% (close)
🟡 Yellow: Distance ≤ 2% (approaching)
🚀 HOW TO USE
Initial Configuration
Add the indicator to the 4-hour timeframe chart
Set the parameters according to your strategy
Position the table where there is no graphic preference
Setting Alerts
Click "Create Alert" in TradingView
Select the "EMA 200 Monitor" indicator
Set the notification frequency and method
Activate the alert to receive automatic notifications
Results Interpretation
The table shows:
Coin: Asset name (e.g. BTC, ETH)
Price: Current currency quote
EMA 200: Current value of the moving average
Distance: Percentage of proximity to the core code
💡 STRATEGIES TO USE
Reversal Trading
Entry: When price touches or approaches the EMA 200
Stop: Below/above the EMA with a safety margin
Target: Previous resistance/support levels
Breakout Trading
Monitoring: Watch for currencies consolidating near the EMA 200
Entry: When the media is finally broken
Confirmation: Volume and close above/below the EMA
Swing Trading
Identification: Use the monitor to detect setups in formation
Timing: Wait for the EMA 200 to approach for detailed analysis
Management: Use the EMA as a reference for stops dynamics
⚠️ IMPORTANT CONSIDERATIONS
Technical Limitations
Request Bybit data: Access to exchange symbols required
Specific timeframe: Optimized for 4-hour analysis
Minimum delay: Data updated with each new bar
Usage Recommendations
Combine with technical analysis: Use together with other indicators
Confirm the configuration: Check the graphic patterns before trading
Manage risk: Always use stop loss and adequate position sizing
Backtesting: Test your strategy before applying with real capital
Disclaimer
This indicator is a technical analysis tool and does not constitute investment advice. Always do your own analysis and manage detailed information about the risks of your operations.
🔧 TECHNICAL INFORMATION
Pine Script version: v6
Type: Indicator (overlay=true)
Compatibility: All TradingView plans
Resources used: request.security(), arrays, tables
Performance: Optimized for multiple simultaneous queries
📈 COMPETITIVE ADVANTAGES
✅ Simultaneous monitoring of 30 major assets ✅ Clear visual interface with intuitive core system ✅ Customizable alerts for different details ✅ Optimized code for maximum performance ✅ Flexible configuration adaptable to different strategies ✅ Real-time update without the need for manual refresh
Developed for traders who value efficiency and accuracy in identifying market opportunities based on the EMA 20
Advanced Volume Exhaustion & Absorption IndicatorNew Features:
1. Enhanced Exhaustion Settings
Choice of MA types (SMA, EMA, WMA, VWMA)
Adjustable ROC period and threshold
Minimum bars between signals to avoid clustering
Customizable price MA period
2. Advanced Absorption Settings
Separate lookback period from exhaustion
Option to use standard deviation or simple multiplier
Adjustable minimum bars between signals
Choice of MA types
3. Filtering Options
Volume Filter: Only show signals above a certain volume percentile
Trend Filter: Align signals with the overall trend
Volatility Filter: Filter based on ATR to focus on significant moves
4. Display Customization
Custom colors for all signal types
Adjustable label sizes
Background transparency control
Optional info table showing current metrics
5. Alert Management
Toggle alerts for each signal type
Alert repeat delay to prevent spam
Recommended Settings:
For ES1! (S&P 500 E-mini):
Volume Exhaustion:
- Lookback Period: 30
- Volume Threshold: 0.35
- ROC Period: 5
- ROC Threshold: -25%
- MA Type: EMA
- Price MA Period: 8
- Min Bars Since Last: 8
Volume Absorption:
- Lookback Period: 40
- Volume Multiplier: 2.5
- Price Tolerance: 0.15%
- Use StdDev: Yes
- StdDev Multiplier: 2.0
- Min Bars Since Last: 5
Filters:
- Volume Filter: ON (Min Percentile: 30)
- Trend Filter: OFF
- Volatility Filter: ON (ATR Length: 14, Multiplier: 0.8)
For NQ1! (Nasdaq 100 E-mini):
Volume Exhaustion:
- Lookback Period: 25
- Volume Threshold: 0.30
- ROC Period: 4
- ROC Threshold: -30%
- MA Type: EMA
- Price MA Period: 6
- Min Bars Since Last: 6
Volume Absorption:
- Lookback Period: 35
- Volume Multiplier: 2.8
- Price Tolerance: 0.20%
- Use StdDev: Yes
- StdDev Multiplier: 2.2
- Min Bars Since Last: 4
Filters:
- Volume Filter: ON (Min Percentile: 25)
- Trend Filter: OFF
- Volatility Filter: ON (ATR Length: 14, Multiplier: 1.0)
Key Differences Between ES1! and NQ1! Settings:
NQ1! is more volatile, so:
Slightly shorter lookback periods
Higher ROC thresholds (more negative)
Higher absorption multipliers
More tolerance for price movement
ES1! is more stable, so:
Longer lookback periods
Tighter price tolerances
More conservative multipliers
Longer minimum bars between signals
These settings are optimized for the 5-minute timeframe but can be adjusted for other timeframes by proportionally scaling the lookback periods.
Liquidity Sweep Strategy [Enhanced]liquidity sweep simplifier
break of structure, move back into zone which pushes prices in the same direction, sweep of liquidity and entry
PriceLevels GBHOW-TO: Goldbach Price Levels – Identify Algorithmic Key Zones
This open-source indicator highlights specific price levels ending with numbers like 03, 11, 29, 35, 65, and 71.
These values are often observed at key reversal or hesitation points and may align with algorithmic behavior patterns in the market.
What it does:
– Automatically scans and marks horizontal price levels containing these number endings
– You can toggle visibility for each number type
– Each level can have a custom color and line thickness
– Labels show price values at the end of each line
– Label color and transparency are fully customizable to match dark or light chart styles
This tool is designed to help traders visually spot recurring patterns that might otherwise go unnoticed.
It’s ideal for discretionary traders who want to study market structure through static price references.
This script is open-source and published for educational use.
For feedback or improvements, feel free to reach out via private message on TradingView.
AD Pro//@version=5
indicator("AD Pro", overlay=true)
// === Inputs
atrLen = input.int(14, "ATR Length")
factor = input.float(0.7, "Factor")
slMultiplier = input.float(2.0, "SL Multiplier")
// Volatility Filter Input
atrFilterStrength = input.float(1.0, "Volatility Threshold (x Avg ATR)", step=0.1, minval=0.1)
// Min % Price Change Filter
enableMinMove = input.bool(true, "Enable Min % Price Change Filter")
lookbackBars = input.int(20, "Lookback Bars")
minMovePct = input.float(0.005, "Min % Price Change", step=0.001, minval=0)
// TP Buy colors
tp1BuyColor = input.color(color.lime, "TP1 Buy Color")
tp2BuyColor = input.color(color.green, "TP2 Buy Color")
tp3BuyColor = input.color(color.teal, "TP3 Buy Color")
// TP Sell colors
tp1SellColor = input.color(color.fuchsia, "TP1 Sell Color")
tp2SellColor = input.color(color.red, "TP2 Sell Color")
tp3SellColor = input.color(color.maroon, "TP3 Sell Color")
// SL colors
slBuyColor = input.color(color.blue, "SL Buy Color")
slSellColor = input.color(color.blue, "SL Sell Color")
// === Indicator Calculations
atr = ta.atr(atrLen)
avgATR = ta.sma(atr, 50)
atrCondition = atr > avgATR * atrFilterStrength
priceChange = math.abs(close - close ) / close
priceMoveOK = priceChange > minMovePct
priceChangeCondition = not enableMinMove or priceMoveOK
volatilityOK = atrCondition and priceChangeCondition
// === UT Bot Logic
src = close
var float trailPrice = na
var bool dirLong = true
longStop = src - factor * atr
shortStop = src + factor * atr
if na(trailPrice)
trailPrice := longStop
dirLong := true
else
if dirLong
trailPrice := math.max(trailPrice, longStop)
dirLong := src > trailPrice
else
trailPrice := math.min(trailPrice, shortStop)
dirLong := src > trailPrice
rawBuy = dirLong and not dirLong
rawSell = not dirLong and dirLong
// Apply Volatility Filter
buySignal = rawBuy and volatilityOK
sellSignal = rawSell and volatilityOK
// === Entry & Label Storage
var float entryPrice = na
var bool lastSignalIsBuy = na
var label tp1Lbl = na
var label tp2Lbl = na
var label tp3Lbl = na
var label slLbl = na
var line tp1Line = na
var line tp2Line = na
var line tp3Line = na
var line slLine = na
if buySignal or sellSignal
if not na(tp1Lbl)
label.delete(tp1Lbl)
if not na(tp2Lbl)
label.delete(tp2Lbl)
if not na(tp3Lbl)
label.delete(tp3Lbl)
if not na(slLbl)
label.delete(slLbl)
if not na(tp1Line)
line.delete(tp1Line)
if not na(tp2Line)
line.delete(tp2Line)
if not na(tp3Line)
line.delete(tp3Line)
if not na(slLine)
line.delete(slLine)
entryPrice := close
lastSignalIsBuy := buySignal
tp1 = entryPrice + (buySignal ? 1 : -1) * atr
tp2 = entryPrice + (buySignal ? 2 : -2) * atr
tp3 = entryPrice + (buySignal ? 3 : -3) * atr
sl = entryPrice - (buySignal ? 1 : -1) * factor * atr * slMultiplier
tp1Lbl := label.new(bar_index, tp1, "TP1 " + str.tostring(tp1, format.mintick),
style=label.style_label_right,
color=buySignal ? tp1BuyColor : tp1SellColor,
textcolor=color.black)
tp2Lbl := label.new(bar_index, tp2, "TP2 " + str.tostring(tp2, format.mintick),
style=label.style_label_right,
color=buySignal ? tp2BuyColor : tp2SellColor,
textcolor=color.white)
tp3Lbl := label.new(bar_index, tp3, "TP3 " + str.tostring(tp3, format.mintick),
style=label.style_label_right,
color=buySignal ? tp3BuyColor : tp3SellColor,
textcolor=color.white)
slLbl := label.new(bar_index, sl, "SL " + str.tostring(sl, format.mintick),
style=label.style_label_right,
color=buySignal ? slBuyColor : slSellColor,
textcolor=color.white)
tp1Line := line.new(bar_index, tp1, bar_index + 1, tp1,
color=buySignal ? tp1BuyColor : tp1SellColor, style=line.style_dashed)
tp2Line := line.new(bar_index, tp2, bar_index + 1, tp2,
color=buySignal ? tp2BuyColor : tp2SellColor, style=line.style_dashed)
tp3Line := line.new(bar_index, tp3, bar_index + 1, tp3,
color=buySignal ? tp3BuyColor : tp3SellColor, style=line.style_dashed)
slLine := line.new(bar_index, sl, bar_index + 1, sl,
color=buySignal ? slBuyColor : slSellColor, style=line.style_dashed)
// === Plot Signals
plotshape(buySignal, title="Buy", location=location.belowbar, color=color.green, style=shape.labelup, text="BUY")
plotshape(sellSignal, title="Sell", location=location.abovebar, color=color.red, style=shape.labeldown, text="SELL")
// === Alerts
alertcondition(buySignal, title="Buy Alert", message="Buy Signal!")
alertcondition(sellSignal, title="Sell Alert", message="Sell Signal!")
Market State [wundaba]General market overview indicator
Add your own symbols
Credits to Luon MC for the idea
OBHOW-TO: Advanced Order Block & Liquidity Mapping Tool
This script combines order block detection using 3- and 5-bar fractal structures with dynamic and static liquidity zones, plus optional time-based label calculations.
Key features:
– Fractal-based detection of bullish and bearish order blocks
– Automatic removal of broken OBs to keep charts clean
– Optional FVG validation for higher-quality OBs
– Custom time label logic for bar/session analysis
– Configurable visuals: line styles, widths, label placement, and time offsets
The logic for liquidity detection is adapted from the open-source LiquidityFinderLibrary by TFlab. This version adds custom cleanup behavior and visual enhancements to improve usability.
This script is published as open-source and intended for educational and analytical use only. No performance guarantees are implied.
If you have questions or suggestions, feel free to message me privately on TradingView.
Sterke Trendwissel SignalenOverview
The indicator combines three technical analysis tools to generate strong buy and sell signals:
Moving Averages (MA): Short-term (9-period) and long-term (21-period) simple moving averages.
Relative Strength Index (RSI): A 14-period RSI to measure overbought and oversold conditions.
Volume: A volume multiplier (1.2x) compared to the average volume over 20 periods.
Signals
The indicator generates two types of signals:
Strong Buy: When the short-term MA crosses above the long-term MA (bullish crossover), the relative volume is above the threshold (1.2x average), and the RSI is oversold (< 30).
Strong Sell: When the short-term MA crosses below the long-term MA (bearish crossover), the relative volume is above the threshold (1.2x average), and the RSI is overbought (> 70).
Visualizations
The indicator plots:
The short-term MA (blue line)
The long-term MA (orange line)
"STRONG BUY" labels (green) below the bar when a strong buy signal is generated
"STRONG SELL" labels (red) above the bar when a strong sell signal is generated
Alerts
The indicator sets up alerts for strong buy and sell signals, which can be configured in TradingView's alert system.
In summary, this indicator aims to identify strong trend changes by combining moving average crossovers, high volume, and RSI overbought/oversold conditions.
Forex Session Levels + Dashboard (AEST)This is a script showing all the key levels you will ever need for the breakout and retest strategy.
Follow my IG:
@liviupircalabu10
Custom Candle-to-Candle ZoneBody Method: Uses math.max(open, close) for high and math.min(open, close) for low
Wick Method: Uses the full high and low of candles
Final Zone: Creates a rectangle that covers the range from start candle body/wick to end candle body/wick
Options Betting Range - FixedOptions Betting Range
Options Betting Range is a powerful TradingView indicator designed to streamline options trading by visualizing high-probability price ranges for key symbols. With automated trendlines and clear labels, it empowers traders to make precise, data-driven decisions based on customizable prediction and execution dates.
## Key Features
Broad S&P 500 Coverage: Supports most S&P 500 stock symbols, excluding those with insufficient options volume for reliable data, alongside major ETFs and indices like SPY, IWM, QQQ, DIA, TLT, ^GSPC, ^IXIC, ^RUT, ^NDX, and ^SOX.
Automated Trendlines: Plots dashed and solid trendlines to mark high/low price boundaries, triggered only on specified prediction dates for clean, uncluttered charts.
Customizable Inputs: Configure prediction and execution dates to align with your trading strategy.
Clear Visuals: Color-coded labels (green for highs, purple for lows) display price ranges and percentage spreads for rapid decision-making.
Single-Execution Logic: Draws trendlines once per prediction date, ensuring chart clarity and efficiency.
## How It Works
Based on the latest daily open interest data, the indicator calculates swing ranges for different strike dates, drawing trendlines and labels to visualize potential price boundaries for options trading.
## Why Use It?
Streamlined Analysis: Automates range visualization, saving time and reducing manual charting.
Strategic Clarity: Objective price levels minimize emotional bias and enhance trade planning.
Versatile Application: Ideal for day traders, swing traders, and options strategists across multiple markets.
## Tips for Best Use
Regular Updates: To maintain the accuracy of options betting ranges, periodically update the indicator. On the view page, hover over the indicator name and click the blue whirlwind icon to complete the update.
## Get Started
Add Options Betting Range to your TradingView chart, select a supported symbol, and customize your prediction/execution dates. Leverage the visualized price ranges to execute precise options trading strategies with confidence.
Candle Setup🧠 This indicator is based on a strategy concept by Arshia from the LEEMEENAL group.
The SMA Shadow Strategy is a visual candlestick-based setup designed to identify potential reversal points by analyzing the relationship between the candle's shadows (wicks) and a Simple Moving Average (SMA).
📊 How It Works
This strategy focuses on candles with significant upper or lower shadows relative to their body size, suggesting potential rejection zones. The conditions are split between red (bearish) and green (bullish) candles:
🔴 Red Candle Setup:
The SMA line is inside or slightly above the upper shadow.
The upper shadow is significantly larger than the body (customizable ratio).
The lower shadow is smaller than the body.
These conditions hint at strong rejection from above, often signaling a potential short opportunity or resistance confirmation.
🟢 Green Candle Setup:
The SMA line is inside or slightly below the lower shadow.
The lower shadow is significantly larger than the body (customizable ratio).
The upper shadow is smaller than the body.
This setup suggests a price rejection from below, indicating a potential long opportunity or support confirmation.
⚙️ Customizable Conditions
Users can enable or disable each of the setup rules independently for both red and green candles:
Enable SMA shadow alignment.
Adjust the shadow-to-body ratio separately for red and green candles.
Toggle shadow logic (e.g., lower/upper shadows relative to body).
🛎 Alerts
Alerts are included for both red and green signal conditions, making it easier to integrate into automated workflows or notification systems.
If you found this indicator helpful, feel free to share or give credit to Arshia - LEEMEENAL Group. 🙏
Buysell Martingale Signal - CustomBuysell Martingale Signal - Custom Indicator
Introduction:
This indicator provides a dynamic buy and sell signal system incorporating an adaptive Martingale logic. Built upon the signalLib_yashgode9/2 library, it is designed for use across various markets and timeframes.
Key Features:
Primary Buy & Sell Signals: Identifies initial buy and sell opportunities based on directional changes derived from the signalLib.
Martingale Signals:
For Short (Sell) Positions: A Martingale Sell signal is triggered when the price moves against the existing short position by a specified stepPercent from the last entry price, indicating a potential opportunity to average down or increase position size.
For Long (Buy) Positions: Similarly, a Martingale Buy signal is triggered when the price moves against the existing long position by a stepPercent from the last entry price.
On-Chart Labels: Displays clear, customizable labels on the chart for primary Buy, Sell, Martingale Buy, and Martingale Sell signals.
Customizable Colors: Allows users to set distinct colors for primary signals and Martingale signals for better visual distinction.
Adjustable Sensitivity: Features configurable parameters (DEPTH_ENGINE, DEVIATION_ENGINE, BACKSTEP_ENGINE) to fine-tune the sensitivity of the underlying signal generation.
Webhook Support (Static Message Alerts): This indicator provides alerts with static messages for both primary and Martingale buy/sell signals. These alerts can be leveraged for automation by external systems (such as trading bots or exchange-provided Webhook Signal Trading services).
Important Note: When using these alerts for automation, an external system is required to handle the complex Martingale logic and position management (e.g., tracking steps, PnL calculation, hedging, dynamic quantity sizing), as this indicator solely focuses on signal generation and sending predefined messages.
How to Use:
Add the indicator to your desired chart.
Adjust the input parameters in the indicator's settings to match your specific trading symbol and timeframe.
For automation, you can set up TradingView alerts for the Buy Signal (Main/Martingale) and Sell Signal (Main/Martingale) conditions, pointing them to your preferred Webhook URL.
Configurable Parameters:
DEPTH_ENGINE: (e.g., 30) Controls the depth of analysis for the signal algorithm.
DEVIATION_ENGINE: (e.g., 5) Defines the allowable deviation for signal generation.
BACKSTEP_ENGINE: (e.g., 5) Specifies the number of historical bars to look back.
Martingale Step Percent: (e.g., 0.5) The percentage price movement against the current position that triggers a Martingale signal.
Labels Transparency: Adjusts the transparency of the on-chart signal labels.
Buy-Color / Sell-Color: Sets the color for primary Buy and Sell signal labels.
Martingale Buy-Color / Martingale Sell-Color: Sets the color for Martingale Buy and Sell signal labels.
Label size: Controls the visual size of the labels.
Label Offset: Adjusts the vertical offset of the labels from the candlesticks.
Risk Warning:
Financial trading inherently carries significant risk. Martingale strategies are particularly high-risk and can lead to substantial losses or even complete liquidation of capital if the market moves strongly and persistently against your position. Always backtest thoroughly and practice with a demo account, fully understanding the associated risks, before engaging with real capital.
5th Candle Breakout (Selected Date)✅ How to Use
🔁 Set the targetDate input to any date you want to test the setup on.
🕒 Use this on 30-minute timeframe.
📊 Works great on NIFTY, BANKNIFTY, or any F&O instrument.
📌 Uses body-close breakout during 6th or 7th candle.
🎯 Plots real entry, SL, and 1x target.
Shooting Star ORB🧠 Indicator Name: "First Candle Shooting Star + ORB"
📌 Purpose
This indicator detects when the first candle of the day forms a Shooting Star pattern and then monitors for a breakout beyond its range. It visually marks the pattern and the breakout with boxes and provides real-time alerts and a status table.
🔍 What It Does Step-by-Step
1. 📅 Detects the Start of a New Trading Day
Uses ta.change(time("D")) to identify a new trading day.
When a new day starts, it checks if the very first candle of the session is a Shooting Star.
2. 🕯️ Identifies a Shooting Star Pattern
A candle is labeled a Shooting Star if:
It has a small body compared to the full candle range.
It has a long upper shadow at least 2× the body.
It has a short or tiny lower shadow.
All these criteria are adjustable through inputs.
3. 📦 Draws a Box for the First Candle Range
If a Shooting Star is found in the first candle of the day:
It draws a red shaded box covering the high and low of that candle.
The box visually marks the potential Opening Range.
4. 💥 Detects Breakout from Shooting Star Candle
After the first candle:
If price moves above or below the range by a specified % (like 1%), it flags a breakout.
A blue shaded box is drawn at the breakout candle for visual confirmation.
5. 🔔 Alerts
🔴 Shooting Star Detected: Alerts when the first candle is a shooting star.
🔵 Breakout Detected: Alerts when the price breaks out of the first candle’s range.
6. 📊 Displays Real-Time Info Table
A small table is shown on the chart:
🕯️ Pattern: “Shooting Star” or blank
💥 Breakout: “Yes” or “No”
⏱️ The timeframe being analyzed (e.g., “5” for 5-minute)
SNIPER vX.Ω.∞ — VISUALIZER GOD MODEThis is only a test.
I don’t know wtf I’m doing.
I need to fill in few details so here they are
Breakout Scanner with VWAP + RSI + MACD + Volume SpikePRICE & MOVING AVERAGES
🟠 MA(10), MA(50), MA(200)
Purpose: Track price trends over different time horizons
MA10 – Very short-term trend (micro pullbacks)
MA50 – Intermediate trend (support/resistance)
MA200 – Long-term sentiment (bullish or bearish overall)
Use: Crossovers indicate trend reversals. E.g., MA10 < MA50 = bearish.
📉 EMA(9), EMA(12), EMA(34)
EMA = Exponential Moving Average
Reacts faster than MA, used for quick entries/exits
Common Strategy: EMA 9 crossing below EMA 34 → short signal
You’re currently in a downtrend, as all EMAs slope down and price is below them.
🔵 VWAP (Volume Weighted Average Price)
Purpose: Institutional benchmark
Traders use VWAP as a mean reversion level.
If price is below VWAP → bearish control; above → bullish control.
In your chart: QQQ is below VWAP, suggesting institutional selling.
📊 BOLL(20) = Bollinger Bands
Tracks volatility using 20-period MA ± 2 std. dev.
Bands widen when volatility increases.
In your chart: Price is riding the lower band → bearish pressure
🔁 RSI(14) = Relative Strength Index
Measures momentum
Ranges from 0 to 100
Above 70 = Overbought
Below 30 = Oversold
Current RSI is around 30–40, suggesting weak momentum, near oversold
📉 MACD (12, 26, 9)
MACD Line (blue) = 12EMA - 26EMA
Signal Line (red) = 9 EMA of MACD line
Histogram = MACD – Signal
When MACD crosses below Signal line → bearish
Your chart: Histogram is red and increasing → bearish strength increasing
✅ SUMMARY FOR QQQ CHART (LIVE INTERPRETATION)
Indicator Reading Signal
MA/EMA All sloping down ❌ Bearish
VWAP Price below VWAP ❌ Bearish
Bollinger Price hugging lower band ❌ Bearish
RSI(14) ~30-40 ⚠️ Weak
MACD Red histogram growing ❌ Bearish
Would you like me to generate a script-based trade signal system combining EMA + RSI + MACD for QQQ intraday calls/puts?
Daily Levels & Time MarkersKey Features:
Price Level Tracking:
Previous Day High/Low (PDH/PDL) - Shows yesterday's highest and lowest prices as horizontal lines
Overnight High/Low (ONH/ONL) - Tracks the highest and lowest prices during overnight sessions (4:00 PM to 9:30 AM ET)
Opening Range High/Low (ORH/ORL) - Captures the price range during the first 30 minutes of regular trading (9:30-10:00 AM ET)
Visual Elements:
Draws horizontal lines for previous day levels that extend across the chart
Creates rays (extending lines) for overnight and opening range levels that project forward from when they were established
Uses different colors and line styles for each level type (solid lines for daily levels, dashed for opening range)
Adds text labels showing the exact price values (PDH, PDL, ONH, ONL, ORH, ORL)
Time Markers:
Draws vertical dashed lines at key trading times: 10:00 AM, 11:30 AM, 1:00 PM, 2:30 PM, and 4:00 PM ET
Uses Eastern Time zone by default but allows customization
Customization Options:
Toggle each feature on/off independently
Customize colors for all line types
Adjust timezone settings