Intraday BUY/SELL & AUTO SL (5-min timeframe only) by chaitu50c)Intraday BUY/SELL & AUTO SL (5-min timeframe only) by chaitu50c
This indicator provides intraday traders with BUY/SELL reversal signals and automated SL (Stoploss) tracking, based on a 3-candle reversal block logic — designed to work exclusively on the 5-min timeframe.
Key Features:
• 3-Candle Reversal Logic — Signals are generated when a defined 3-candle reversal pattern is detected (body-close breakout).
• Current Session Only — All signals and SL lines are valid only for the current session and automatically reset at session start.
• BUY/SELL Signal Labels — Visual ▲ and ▼ labels mark valid reversal signals on the chart.
• Dynamic Auto SL Lines — Plots dashed SL lines based on the reversal block's low/high.
• SL HIT Tracking — If SL is broken, the line stops extending and a ‘SL HIT’ label is displayed at the midpoint of the SL line.
• Adjustable Visual Settings — Customize signal label size, SL line width, colors, and more.
• Clean & Lightweight — Optimized for intraday use without cluttering the chart.
How to Use:
You can trade this indicator in two ways:
1. Direct Signal Entry — Take a BUY or SELL trade when a valid ▲/▼ reversal signal forms.
2. SL HIT Re-entry — If an existing SL line is broken and ‘SL HIT’ appears, you can optionally take an opposite side trade in the direction of the SL HIT.
Example:
A BUY signal is generated and an SL line is plotted below.
If price breaks the SL (SL HIT appears), you may consider entering a SELL trade at that point — as it indicates weakness.
Important Notes:
• Works only on 5-min timeframe — Set your chart to 5-min for correct behavior.
• Designed for intraday trading — all signals and SL levels reset at session start.
• Does not carry signals between sessions.
• SL lines and HIT labels provide a clear and simple visual aid for trade management.
---
Candlestick analysis
JOEL-ATR Trend Color StrategyThis ATR tend based strategy with indicator gives exact buy and sell signal based on the trend. early detection of trend is very important to book good profits. This strategy proved that best for all indices, stocks, crypto etc,, 5 mints - day time from works really well .. add it enjoy the trade
Engulfing Bar AggressiveEngulfing Bar Aggressive
Engulfing Bar Aggressive is a precise price action indicator designed to detect strong bullish and bearish engulfing patterns in an aggressive way. This tool is perfect for traders who want early and confirmed signals based purely on candle formations, without relying on any indicators or moving averages.
🔍 Core Logic
The indicator scans for 2-bar engulfing patterns with additional strict conditions:
Bullish Engulfing
Current candle closes bullish (close > open).
Previous candle closes bearish (close < open ).
Current close completely engulfs previous open and high.
Current open is below previous close.
Signal triggers only after bar closure (confirmed pattern).
Bearish Engulfing
Current candle closes bearish (close < open).
Previous candle closes bullish (close > open ).
Current close completely engulfs previous open and low.
Current open is above previous close.
Signal triggers only after bar closure (confirmed pattern).
🛠 Features
Clear visual markers on the chart (green for bullish, red for bearish).
Configurable generic alert to receive notifications for any engulfing pattern detected.
Dedicated alerts for bullish and bearish engulfing setups.
Works on any timeframe and any market.
🎯 Use Case
Ideal for breakout traders, reversal traders, or as part of a multi-factor strategy.
Can be combined with support/resistance zones, ATR exhaustion levels, or trend filters for enhanced accuracy.
Candle Closer Levels & TP Zones📝 Description:
This indicator is designed to provide intrabar trade levels for high-speed execution strategies, such as scalping and intraday momentum trading.
🧩 Key Features:
Plots High, Low, Mid, and two Quarter Levels on the current candle only, keeping charts clean
Take Profit (TP) lines are calculated as a percentage of candle range, not fixed ticks — this makes it highly adaptable for futures like NQ/ES or volatile markets like crypto
Supports both long and short setups via a simple toggle
Customizable colors, line thickness, and length
Each TP level can be enabled or muted individually
📈 Use Case:
Apply this tool to spot candle-based breakouts or rejections. You can scale TPs dynamically based on the strength of the current candle. This is especially helpful in assets where volatility fluctuates greatly intrabar.
This is not a repackaged built-in indicator — it’s purpose-built for real-time tactical level plotting without historical noise.
Alto y Bajo Vela Anterior PersonalizableThe high and low values of the last closed candle. It works on any timeframe and features adjustable font size and color. The label can be relocated to any corner of the chart.
Binance OI Stochastic MFIibb.co Binance Open Interest Stochastic Money Flow Index (OI Stochastic MFI)
Inspiration:
This indicator is an innovative tool combining the traditional Money Flow Index (MFI) and Stochastic Oscillator concepts, enhanced by directly incorporating Open Interest data from Binance Futures BTCUSDT perpetual contracts.
What is it and what does it measure?
The traditional Money Flow Index (MFI) measures the flow of money considering both price and volume.
Open Interest represents the total number of outstanding futures contracts at any given moment, offering deeper insight into speculative involvement and investors' positioning.
This indicator replaces the traditional volume input with Open Interest, providing a more accurate perspective of speculative inflows and outflows in Bitcoin's perpetual futures market.
Advantages and Applications:
Higher accuracy for futures markets, particularly cryptocurrencies, due to direct usage of Binance Futures data reflecting real and speculative activities.
Clear identification of extreme overbought and oversold levels.
Provides objective visual signals for buying (green upward arrows) and selling (red downward arrows).
How to interpret:
The indicator oscillates between values of 0 and 100.
Values above the configured overbought level (e.g., 80) indicate potential downward reversals.
Values below the configured oversold level (e.g., 20) indicate potential upward reversals.
Crossovers of the K-line (blue) with the D-line (orange) generate immediate buy or sell signals.
Practical use:
Long (buy): Look for a green upward arrow after the indicator exits an oversold region.
Short (sell): Look for a red downward arrow after the indicator exits an overbought region.
This indicator is especially useful for traders operating perpetual futures contracts, providing increased precision and clarity for decision-making based on speculative money flows.
Average Candle Length TrendlineI developed an interesting indicator and share it with you. Generally, when the price goes up, the price movement within each minute will be large, and vice versa. Based on that, I created an indicator that averages the trend of candle length and displays it as a line. In order to display it on the screen, I adjusted it to change around the 200-day moving average. It will be a very useful long-short reference line. Based on this line, if the candle goes above this line, the candle length generally starts to get longer, so if you only hit longs, and if it goes below that, you will see a very high winning rate.
Previous Daily High/LowUnderstanding Previous Daily High and Low in Trading
The previous day’s high and low are critical price levels that traders use to identify potential support, resistance, and intraday trading opportunities. These levels represent the highest and lowest prices reached during the prior trading session and often act as reference points for future price action.
Why Are Previous Daily High/Low Important?
Support & Resistance Zones
The previous day’s low often acts as support (buyers defend this level).
The previous day’s high often acts as resistance (sellers defend this level).
Breakout Trading
A move above the previous high suggests bullish momentum.
A move below the previous low suggests bearish momentum.
Mean Reversion Trading
Traders fade moves toward these levels, expecting reversals.
Example: Buying near the previous low in an uptrend.
Institutional Order Flow
Market makers and algos often reference these levels for liquidity.
How to Use Previous Daily High/Low in Trading
1. Breakout Strategy
Long Entry: Price breaks & closes above previous high → bullish continuation.
Short Entry: Price breaks & closes below previous low → bearish continuation.
2. Reversal Strategy
Long at Previous Low: If price pulls back to the prior day’s low in an uptrend.
Short at Previous High: If price rallies to the prior day’s high in a downtrend.
3. Range-Bound Markets
Buy near previous low, sell near previous high if price oscillates between them.
Previous Daily High/LowThe previous day’s high and low are critical price levels that traders use to identify potential support, resistance, and intraday trading opportunities. These levels represent the highest and lowest prices reached during the prior trading session and often act as reference points for future price action.
Why Are Previous Daily High/Low Important?
Support & Resistance Zones
The previous day’s low often acts as support (buyers defend this level).
The previous day’s high often acts as resistance (sellers defend this level).
Breakout Trading
A move above the previous high suggests bullish momentum.
A move below the previous low suggests bearish momentum.
Mean Reversion Trading
Traders fade moves toward these levels, expecting reversals.
Example: Buying near the previous low in an uptrend.
Institutional Order Flow
Market makers and algos often reference these levels for liquidity.
How to Use Previous Daily High/Low in Trading
1. Breakout Strategy
Long Entry: Price breaks & closes above previous high → bullish continuation.
Short Entry: Price breaks & closes below previous low → bearish continuation.
2. Reversal Strategy
Long at Previous Low: If price pulls back to the prior day’s low in an uptrend.
Short at Previous High: If price rallies to the prior day’s high in a downtrend.
3. Range-Bound Markets
Buy near previous low, sell near previous high if price oscillates between them.
Example Trade Setup
Scenario: Price opens near the previous day’s high.
Bullish Case: A breakout above it targets next resistance.
Bearish Case: Rejection at the high signals a pullback.
Candlestick Pattern DetectorAll main Candlestick Pattern are available in this
Candlestick patterns are visual representations of price movements that help traders identify potential trend continuations and reversals in financial markets. Each candlestick displays four key price points: open, high, low, and close for a specific time period.
In trending markets, several patterns prove particularly valuable. **Continuation patterns** signal that the existing trend will likely persist. The bullish engulfing pattern occurs when a large green candle completely engulfs the previous red candle, indicating strong upward momentum. Conversely, a bearish engulfing pattern suggests continued downward movement.
**Hammer and doji patterns** often appear at trend extremes, potentially signaling reversals. A hammer features a small body with a long lower wick, suggesting buyers stepped in after initial selling pressure. Doji candles, where open and close prices are nearly identical, indicate market indecision and possible trend changes.
**Three-candle patterns** like morning and evening stars provide stronger reversal signals. A morning star consists of a bearish candle, followed by a small-bodied candle, then a strong bullish candle, suggesting a potential uptrend reversal.
Successful traders combine candlestick analysis with volume indicators and support/resistance levels for confirmation. While these patterns offer valuable insights into market psychology and potential price movements, they should never be used in isolation for trading decisions.
Liquidity Sweeps [SB1]### 🧠 **Liquidity Sweeps \ – Enhanced by SamB817**
> ⚠️ **Original Credit:** This script is built on the excellent foundation by **LuxAlgo**, licensed under (creativecommons.org). All core functionality and visual logic originates from LuxAlgo’s open-source framework. This version adds enhanced functionality tailored for precision intraday and swing entries using sweep behavior.
🔹 Overview
The Liquidity Sweeps indicator is designed to help traders spot bullish and bearish liquidity grabs, a key concept in smart money trading. It automatically detects swing highs and lows, identifies stop hunts, and highlights areas where institutional traders might be sweeping liquidity before price reverses.
🔹 How It Works
Detects liquidity sweeps by tracking swing points based on a user-defined lookback period.
Differentiates between:
✅ Wick-based liquidity grabs (stop hunts).
✅ Breakouts & retests (confirming liquidity sweeps).
✅ Both combined for deeper analysis.
Draws liquidity zones with extendable boxes to visualize areas where liquidity was taken.
Provides alerts when a liquidity sweep occurs. ---
---
### 📈 **WHAT THIS INDICATOR DOES**
This tool identifies **liquidity sweeps**—key moments where price **wicks above/below swing highs/lows**, often triggering stop losses or absorbing institutional orders. These zones frequently precede powerful reversals or continuations.
It draws:
* 🔹 **Dotted lines** at the top or bottom of the candle wicks when a sweep is confirmed.
* 🔹 **Shaded sweep zones** (boxes) which extend until price decisively trades through them.
* 🔹 **Breakout confirmation lines** when price reclaims or mitigates a swept level.
---
### 🔧 **FEATURES & ENHANCEMENTS BY SAM**
* ✅ **Dotted Lines Extension**: Liquidity sweep dotted lines now **automatically extend** until they’re traded through, allowing for reliable reference levels even dozens of bars later.
* ✅ **Thickness Upgrade**: Dotted lines now appear **thicker** for better visibility during fast market conditions.
* ✅ **Visual Cleanup**: Auto-deletion of outdated sweeps (older than 2000 bars or already mitigated).
* ✅ **Optimized Wicks-Only Mode**: Improved behavior when in *Only Wicks* mode, ideal for tracking stop hunts without false triggers.
---
### 🚨 **ALERTS INCLUDED**
1. 🔔 **New Bullish Sweep (Wick)**
2. 🔔 **New Bearish Sweep (Wick)**
These alerts let you react **in real-time** when liquidity has been swept and price is beginning to show directional intent.
---
### 📚 **HOW TO USE IT EFFECTIVELY**
1. **Timeframes**:
* Use on **2H / 4H** for swing setups.
* Use on **1min–15min** for scalping or day trading around NY/LO open.
2. **Entry Logic**:
* Wait for the **dotted line to form after a sweep**.
* **Do not enter immediately.** Wait for: Close of candle!!!!
* A clean **break of the sweep line**, OR
* A **retest of the line within 3–45 bars**, followed by rejection.
3. **Best When Combined With**:
* Fair Value Gaps (FVGs)
* Market Structure Shift (MSS)
* Order Flow Clusters
* Anchored VWAP and Volume Profile
---
### 💡 **TIPS & STRATEGIC INSIGHTS**
* **Sweeps on higher timeframes** (like 2H/4H) are more powerful and often mark **institutional reversals**.
* **Double lines** (dotted lines on both wick ends) = high-volatility trap. Wait for a clean break before entry.
* Use the **sweep box + dotted line** as a **zone**, not a pinpoint level.
* Be patient. Sweeps are **traps first**, **opportunities second**.
---
### 🔓 Attribution
Script forked and expanded from the open-source **LuxAlgo Liquidity Sweeps**. Original License: (creativecommons.org).
Enhancements by **SamB817**.
--- 🧠 1. It Tracks Sweep Behavior — Not Just Breakouts
Purpose: It identifies where liquidity has been taken — stops hit — not where price is "breaking out" in the traditional sense.
The dotted lines show wick-based stop hunts (liquidity raids).
The boxes show sweep zones, including body-to-wick range when applicable.
🟢 Use case: Smart money is taking stops here → expect reaction, not chase the move.
🕓 2. Timeframe Matters — Sweeps on Higher TF = More Impact
15m & 1h: Intraday trap sweeps, good for scalps or fast directional shifts.
2h/4h: Institutional-level sweeps. Often lead to major intraday reversals or the start of a new leg.
Daily/Weekly: Macro-level stops taken → these are often trend changers.
🔑 Rule of thumb: The higher the timeframe the sweep occurs on, the more meaningful the response tends to be.
🎯 3. Entry Logic: Always Wait for Price to Show Direction
After a sweep appears:
Wait for price to break above/below the dotted line or box, depending on the direction.
Don’t enter blindly on the sweep — it's a trap until proven otherwise.
✅ Best entries often occur on retests of the sweep line or area, especially 3–45 bars later (as you’ve already implemented).
🧲 4. Sweeps Often Magnetize Price
Liquidity sweeps act like magnets — if a sweep hasn't been hit yet, price may drift toward it to "collect" those orders.
Use this to anticipate potential targets and reversal zones.
🧪 5. Sweeps Work Best With These Confirmations:
🔹 FVG (Fair Value Gaps) in the same direction immediately after a sweep.
🔹 Market Structure Shift (MSS) right after a sweep = high-probability reversal.
🔹 Order Flow Confirmation: Strong buy/sell imbalances, absorption at sweep level.
🔹 Liquidity voids: If price sweeps and then enters an inefficient zone — fast move likely.
📊 6. Combines Best With These Tools:
Tool Why It Works Well With Sweeps
1.🎯🎯🧠 🧠 Order Flow (AlgoAlpha)Confirm absorption or intent at sweep zone🎯🎯🧠🧠 2.✅ Volume Profile - See if the sweep occurred at a low-volume node (ideal)
3.✅ VWAP or Anchored VWAP - Catch reclaims or rejections off institutional zones
4.✅ Session Highs/Lows Sweeps of session extremes are often the trap setups
🧩 7. Psychology Behind the Sweeps
Sweeps represent stop runs, trap moves, or liquidity grabs by larger players.
The goal is to trigger weak hands before moving in the true direction.
Train yourself to:
Expect the opposite of the sweep direction once structure confirms.
Think like the liquidity provider, not the victim.
Quantum Reversal# 🧠 Quantum Reversal
## **Quantitative Mean Reversion Framework**
This algorithmic trading system employs **statistical mean reversion theory** combined with **adaptive volatility modeling** to capitalize on Bitcoin's inherent price oscillations around its statistical mean. The strategy integrates multiple technical indicators through a **multi-layered signal processing architecture**.
---
## ⚡ **Core Technical Architecture**
### 📊 **Statistical Foundation**
- **Bollinger Band Mean Reversion Model**: Utilizes 20-period moving average with 2.2 standard deviation bands for volatility-adjusted entry signals
- **Adaptive Volatility Threshold**: Dynamic standard deviation multiplier accounts for Bitcoin's heteroscedastic volatility patterns
- **Price Action Confluence**: Entry triggered when price breaches lower volatility band, indicating statistical oversold conditions
### 🔬 **Momentum Analysis Layer**
- **RSI Oscillator Integration**: 14-period Relative Strength Index with modified oversold threshold at 45
- **Signal Smoothing Algorithm**: 5-period simple moving average applied to RSI reduces noise and false signals
- **Momentum Divergence Detection**: Captures mean reversion opportunities when momentum indicators show oversold readings
### ⚙️ **Entry Logic Architecture**
```
Entry Condition = (Price ≤ Lower_BB) OR (Smoothed_RSI < 45)
```
- **Dual-Condition Framework**: Either statistical price deviation OR momentum oversold condition triggers entry
- **Boolean Logic Gate**: OR-based entry system increases signal frequency while maintaining statistical validity
- **Position Sizing**: Fixed 10% equity allocation per trade for consistent risk exposure
### 🎯 **Exit Strategy Optimization**
- **Profit-Lock Mechanism**: Positions only closed when showing positive unrealized P&L
- **Trend Continuation Logic**: Allows winning trades to run until momentum exhaustion
- **Dynamic Exit Timing**: No fixed profit targets - exits based on profitability state rather than arbitrary levels
---
## 📈 **Statistical Properties**
### **Risk Management Framework**
- **Long-Only Exposure**: Eliminates short-squeeze risk inherent in cryptocurrency markets
- **Mean Reversion Bias**: Exploits Bitcoin's tendency to revert to statistical mean after extreme moves
- **Position Management**: Single position limit prevents over-leveraging
### **Signal Processing Characteristics**
- **Noise Reduction**: SMA smoothing on RSI eliminates high-frequency oscillations
- **Volatility Adaptation**: Bollinger Bands automatically adjust to changing market volatility
- **Multi-Timeframe Coherence**: Indicators operate on consistent timeframe for signal alignment
---
## 🔧 **Parameter Configuration**
| Technical Parameter | Value | Statistical Significance |
|-------------------|-------|-------------------------|
| Bollinger Period | 20 | Standard statistical lookback for volatility calculation |
| Std Dev Multiplier | 2.2 | Optimized for Bitcoin's volatility distribution (95.4% confidence interval) |
| RSI Period | 14 | Traditional momentum oscillator period |
| RSI Threshold | 45 | Modified oversold level accounting for Bitcoin's momentum characteristics |
| Smoothing Period | 5 | Noise reduction filter for momentum signals |
---
## 📊 **Algorithmic Advantages**
✅ **Statistical Edge**: Exploits documented mean reversion tendency in Bitcoin markets
✅ **Volatility Adaptation**: Dynamic bands adjust to changing market conditions
✅ **Signal Confluence**: Multiple indicator confirmation reduces false positives
✅ **Momentum Integration**: RSI smoothing improves signal quality and timing
✅ **Risk-Controlled Exposure**: Systematic position sizing and long-only bias
---
## 🔬 **Mathematical Foundation**
The strategy leverages **Bollinger Band theory** (developed by John Bollinger) which assumes that prices tend to revert to the mean after extreme deviations. The RSI component adds **momentum confirmation** to the statistical price deviation signal.
**Statistical Basis:**
- Mean reversion follows the principle that extreme price deviations from the moving average are temporary
- The 2.2 standard deviation multiplier captures approximately 97.2% of price movements under normal distribution
- RSI momentum smoothing reduces noise inherent in oscillator calculations
---
## ⚠️ **Risk Considerations**
This algorithm is designed for traders with understanding of **quantitative finance principles** and **cryptocurrency market dynamics**. The strategy assumes mean-reverting behavior which may not persist during trending market phases. Proper risk management and position sizing are essential.
---
## 🎯 **Implementation Notes**
- **Market Regime Awareness**: Most effective in ranging/consolidating markets
- **Volatility Sensitivity**: Performance may vary during extreme volatility events
- **Backtesting Recommended**: Historical performance analysis advised before live implementation
- **Capital Allocation**: 10% per trade sizing assumes diversified portfolio approach
---
**Engineered for quantitative traders seeking systematic mean reversion exposure in Bitcoin markets through statistically-grounded technical analysis.**
Double Bottom Strategy (Long Only, ATR Trailing Stop + Alerts)Updated chart script:
This script implements a long-only breakout strategy based on the recognition of a Double Bottom price pattern, enhanced with a 50 EMA trend filter and a dynamic ATR-based trailing stop. It is suitable for traders looking to capture reversals in trending markets using a structured pattern-based entry system.
🧠 Key Features:
Double Bottom Detection: Identifies double bottom structures using pivot lows with configurable tolerance.
ATR-Based Trailing Stop: Manages exits using a trailing stop calculated from Average True Range (ATR), dynamically adjusting to market volatility.
EMA Filter (Optional): Filters trades to only go long when price is above the 50 EMA (trend confirmation).
Alerts: Real-time alerts on entry and exit, formatted in JSON for webhook compatibility.
Backtest Range Controls: Customize historical testing period with start and end dates.
✅ Recommended Markets:
Gold (XAUUSD)
S&P 500 (SPX, ES)
Nasdaq (NDX, NQ)
Stocks (Equities)
⚠️ Not recommended for Forex due to differing behavior and noise levels in currency markets.
🛠️ User Guidance:
Tune the pivot period, tolerance, and ATR settings for best performance on your chosen asset.
Backtest thoroughly over your selected date range to assess historical effectiveness.
Use small position sizes initially to test viability in live or simulated environments.
Consecutive Candle Box with Horizontal LinesWhen one or more candles are formed in a row, a box is formed. And when the top or bottom of the box is passed and a reversal candle is formed, the box is erased. If you use this box to make long and short trades, you can enter and take profit with a very high probability. This box can be very useful in finding an pivot point at the bottom or the bottom. I hope it will be of great help to you in short-term trading.
Check OAS of EMAsThis script checks the Optimal Alignment and Slope of the EMA's and prints a label if it finds one.
🔍 1. Optimal Alignment
This refers to the order of EMAs on the chart, which should reflect the trend.
In an uptrend, the alignment might be:
10 EMA above 20 EMA above 50 EMA
In a downtrend:
10 EMA below 20 EMA below 50 EMA
This "stacked" alignment confirms trend strength and direction.
📈 2. Slope
The angle or slope of the EMAs shows momentum.
A steep upward slope = strong bullish momentum.
A steep downward slope = strong bearish momentum.
Flat or sideways slope = weak or no trend (ranging market).
Gold Mini Strategy: EMA | RSI | MACD | VWAP | BB | PAGood Script to view all the important indicator into one
Gann Support and Resistance LevelsThis indicator plots dynamic Gann Degree Levels as potential support and resistance zones around the current market price. You can fully customize the Gann degree step (e.g., 45°, 30°, 90°), the number of levels above and below the price, and the price movement per degree to fine-tune the levels to your strategy.
Key Features:
✅ Dynamic levels update automatically with the live price
✅ Adjustable degree intervals (Gann steps)
✅ User control over how many levels to display above and below
✅ Fully customizable label size, label color, and text color for mobile-friendly visibility
✅ Clean visual design for easy chart analysis
How to Use:
Gann levels can act as potential support and resistance zones.
Watch for price reactions at major degrees like 0°, 90°, 180°, and 270°.
Can be combined with other technical tools like price action, trendlines, or Gann fans for deeper analysis.
📌 This tool is perfect for traders using Gann theory, grid-based strategies, or those looking to enhance their visual trading setups with structured levels.
Gap % Distribution Table (2% Bins)Description
This indicator displays a Gap % Distribution Table categorized in 2% bins ranging from `< -20%` to `> +20%`. It calculates the gap between today’s open and the previous day’s close, and groups occurrences into defined bins. The table includes:
Gap range, count, and percentage for each bin
A total row summarizing all entries
Customizable appearance including:
Font color, cell background fill (with transparency), and table border color
Column headers and full outer border
Date filtering using selectable start and end dates
Position control for placing the table on the chart area
Ideal for analyzing the historical behavior of opening gaps for any instrument.
Devils MarkThe Devil’s Mark Indicator identifies bullish or bearish candlesticks with no opposing wick, plotting a horizontal line at the open/low (bullish) or open/high (bearish) price to mark the inefficiency.
This line highlights the level where price is expected to retrace to form the missing wick, serving as a visual cue.
The line is automatically removed from the chart once price crosses it, confirming the inefficiency has been rebalanced.
LilSpecCodes1. Killzone Background Highlighting:
It highlights 4 key market sessions:
Killzone Time (EST) Color
Silver Bullet 9:30 AM – 12:00 PM Light Blue
London Killzone 2:00 AM – 5:00 AM Light Green
NY PM Killzone 1:30 PM – 4:00 PM Light Purple
Asia Open 7:00 PM – 11:00 PM Light Red
These are meant to help you focus during high-probability trading times.
__________________________________________________
2. Previous Day High/Low (PDH/PDL):
Plots green line = PDH
Plots red line = PDL
Tracks the current day’s session high/low and sets it as PDH/PDL on a new trading day
CHANGES WITH ETH/RTH
3. Inside Bar Marker:
Plots a small black triangle under bars where the high is lower than the previous bar’s high and the low is higher than the previous bar’s low (inside bars)
Useful for spotting potential breakout or continuation setups
4. Vertical Time Markers (White Dashed Lines)
Time (EST) Label
4:00 AM End of London Silver Bullet
9:30 AM NYSE Open
10:00 AM Start of NY Silver Bullet
11:00 AM End of NY Silver Bullet
11:30 AM (Customizable Input)
3:00 PM PM Killzone Ends
3:15 PM Futures Market Close
7:15 PM Asia Session Watch
Breakout Confirmation🔍 Indicator Name: Breakout Confirmation (Body + Volume)
📌 Purpose:
This indicator is designed to detect high-probability breakout setups based on price structure and volume strength. It identifies moments when the market breaks through a key support or resistance level, confirmed by two consecutive strong candles with large real bodies and high volume.
⚙️ How It Works
1. Support and Resistance Detection
The indicator uses pivot points to identify potential horizontal support and resistance levels.
A pivot high or pivot low is considered valid if it stands out over a configurable number of candles (default: 50).
Only the most recent valid support and resistance levels are tracked and displayed as horizontal lines on the chart.
2. Breakout Setup
The breakout condition is defined as:
First Candle (Breakout Candle):
Large body (compared to the recent body average)
High volume (compared to the recent volume average)
Must close beyond a resistance or support level:
Close above resistance (bullish breakout)
Close below support (bearish breakout)
Second Candle (Confirmation Candle):
Also must have a large body and high volume
Must continue in the direction of the breakout (i.e., higher close in bullish breakouts, lower close in bearish ones)
3. Signal Plotting
If both candles meet the criteria, the indicator plots:
A green triangle below the candle for bullish breakouts
A red triangle above the candle for bearish breakouts
📈 How to Interpret the Signals
✅ Green triangle below a candle:
Indicates a confirmed bullish breakout.
The price has closed above a recent resistance level with strength.
The trend may continue higher — possible entry for long positions.
🔻 Red triangle above a candle:
Indicates a confirmed bearish breakout.
The price has closed below a recent support level with strength.
Potential signal to enter short or exit long positions.
⚠️ The plotted horizontal lines show the last key support and resistance levels. These are the zones being monitored for breakouts.
📊 How to Use It
Timeframe: Works best on higher timeframes (1H, 4H, Daily), but can be tested on any chart.
Entry: Consider entries after the second candle confirms the breakout.
Stop Loss:
For longs: Below the breakout candle or the broken resistance
For shorts: Above the breakout candle or broken support
Take Profit:
Based on previous structure, risk:reward ratios, or using trailing stops.
Filter with Trend or Other Indicators (optional):
You can combine this with moving averages, RSI, or market structure for confluence.
🛠️ Customization Parameters
lengthSR: How many candles to look back for identifying support/resistance pivots.
volLength: Length of the moving average for volume and body size comparison.
bodyMultiplier: Multiplier threshold to define a “large” body.
volMultiplier: Multiplier threshold to define “high” volume.
✅ Ideal For:
Price action traders
Breakout traders
Traders who use volume analysis
Anyone looking to automate the detection of breakout + confirmation setups
Canuck Trading Trader StrategyCanuck Trading Trader Strategy
Overview
The Canuck Trading Trader Strategy is a high-performance, trend-following trading system designed for NASDAQ:TSLA on a 15-minute timeframe. Optimized for precision and profitability, this strategy leverages short-term price trends to capture consistent gains while maintaining robust risk management. Ideal for traders seeking an automated, data-driven approach to trading Tesla’s volatile market, it delivers strong returns with controlled drawdowns.
Key Features
Trend-Based Entries: Identifies short-term trends using a 2-candle lookback period and a minimum trend strength of 0.2%, ensuring responsive trade signals.
Risk Management: Includes a configurable 3.0% stop-loss to cap losses and a 2.0% take-profit to lock in gains, balancing risk and reward.
High Precision: Utilizes bar magnification for accurate backtesting, reflecting realistic trade execution with 1-tick slippage and 0.1 commission.
Clean Interface: No on-chart indicators, providing a distraction-free trading experience focused on performance.
Flexible Sizing: Allocates 10% of equity per trade with support for up to 2 simultaneous positions (pyramiding).
Performance Highlights
Backtested from March 1, 2024, to June 20, 2025, on NASDAQ:TSLA (15-minute timeframe) with $1,000,000 initial capital:
Net Profit: $2,279,888.08 (227.99%)
Win Rate: 52.94% (3,039 winning trades out of 5,741)
Profit Factor: 3.495
Max Drawdown: 2.20%
Average Winning Trade: $1,050.91 (0.55%)
Average Losing Trade: $338.20 (0.18%)
Sharpe Ratio: 2.468
Note: Past performance is not indicative of future results. Always validate with your own backtesting and forward testing.
Usage Instructions
Setup:
Apply the strategy to a NASDAQ:TSLA 15-minute chart.
Ensure your TradingView account supports bar magnification for accurate results.
Configuration:
Lookback Candles: Default is 2 (recommended).
Min Trend Strength: Set to 0.2% for optimal trade frequency.
Stop Loss: Default 3.0% to cap losses.
Take Profit: Default 2.0% to secure gains.
Order Size: 10% of equity per trade.
Pyramiding: Allows up to 2 orders.
Commission: Set to 0.1.
Slippage: Set to 1 tick.
Enable "Recalculate After Order is Filled" and "Recalculate on Every Tick" in backtest settings.
Backtesting:
Run backtests over March 1, 2024, to June 20, 2025, to verify performance.
Adjust stop-loss (e.g., 2.5%) or take-profit (e.g., 1–3%) to suit your risk tolerance.
Live Trading:
Use with a compatible broker or TradingView alerts for automated execution.
Monitor execution for slippage or latency, especially given the high trade frequency (5,741 trades).
Validate in a demo account before deploying with real capital.
Risk Disclosure
Trading involves significant risk and may result in losses exceeding your initial capital. The Canuck Trading Trader Strategy is provided for educational and informational purposes only. Users are responsible for their own trading decisions and should conduct thorough testing before using in live markets. The strategy’s high trade frequency requires reliable execution infrastructure to minimize slippage and latency.
FVG fill with immediate rebalance [LuciTech]The "FVG fill with immediate rebalance AKA Golden Arrow" indicator is designed to identify Fair Value Gaps (FVGs) and detect immediate rebalances to highlight potential trading opportunities. It uses colored boxes to mark FVGs and triangular markers to signal bullish or bearish setups, helping traders pinpoint key price levels where imbalances occur and price reactions are likely.
Key Features
FVG Detection: Spots bullish and bearish Fair Value Gaps based on price action, with customizable width settings.
Golden Arrow Signals: Displays triangular markers when price fills an FVG and immediately rebalances, indicating potential reversal or continuation zones.
Customizable Colors: Bullish FVGs appear in green and bearish FVGs in red by default, with options to tweak colors in the settings.
Time Filter: Allows signals to be restricted to a specific time window, highlighted by a background fill for clarity.
Alert System: Supports TradingView alerts for "Bullish Golden Arrow" and "Bearish Golden Arrow" signals to keep traders updated on setups.
How It Works
FVG Calculation: Analyzes gaps between candles to identify FVGs, with user-defined minimum width options (points, percentages, or ATR-based).
Signal Generation: Triggers a Golden Arrow signal when price fills the FVG and rebalances immediately, based on wick penetration and closing conditions.
Visual Aids:
Bullish FVGs are shown as green boxes, bearish FVGs as red boxes.
Upward triangles mark bullish signals, downward triangles mark bearish signals.
Time-Based Filtering: Optionally limits signals to specific hours, with a background fill showing the active period.
