Session HL + Candles + AMD (Nephew_Sam_)Session HL + Candles + AMD (Nephew_Sam_)
This indicator marks out intraday sessions summarized into single candles, with an additional option to mark out the HL of each session. Perfect for understanding AMD within a glance (accumulation-manipulation-distribution)
Features:
Session High/Low lines with customizable colors and labels
Optional session candles displayed on the right side of the chart
Timezone support for global traders
Customizable bull/bear candle colors
Works on timeframes up to 1 hour
Perfect for:
Identifying session liquidity levels
Tracking session ranges and breakouts
Multi-timeframe session analysis
ICT methodology traders
Settings:
Choose your timezone for accurate session detection
Toggle session candles and HL lines independently
Customize colors, line styles, and labels
Set maximum timeframe (up to 1 hour)
圖表形態
Boomerang Trading Indicator# Boomerang News Trading Indicator
## Overview
The Boomerang Trading Indicator is designed to identify potential reversal opportunities following major economic news releases. This indicator analyzes the initial market reaction to news events and provides visual cues for potential counter-trend trading opportunities based on Fibonacci retracement levels.
## How It Works
### News Event Detection
- Automatically detects major news release times (NFP, CPI, FOMC, etc.)
- Analyzes the first significant price movement following news releases
- Requires minimum candle size threshold to filter out weak reactions
### First Move Analysis
The indicator employs multiple analytical methods to determine the initial market direction:
**Simple Analysis (High Confidence):**
- When the news candle has ≥70% body-to-total ratio, uses straightforward bullish/bearish classification
**Advanced Analysis (Complex Cases):**
- Volume-weighted direction analysis
- Momentum and wick pattern analysis
- Market structure and gap analysis
- Weighted voting system combining all methods
### Entry Signal Generation
Based on the "boomerang" concept where markets often reverse after initial news reactions:
**For Bullish First Moves (Price Up Initially):**
- Generates SHORT entry signals when price retraces to 1.25-1.5 Fibonacci levels
- Visual: Red triangles above price bars
**For Bearish First Moves (Price Down Initially):**
- Generates LONG entry signals when price retraces to -0.25 to -0.5 Fibonacci levels
- Visual: Green triangles below price bars
## Key Features
### Visual Elements
- **Fibonacci Levels**: Displays key retracement levels based on the initial reaction range
- **Entry Zones**: Clear visual marking of optimal entry areas
- **Direction Arrows**: Shows the initial market reaction direction
- **Target Levels**: Displays profit target zones at 50% and 100% retracement levels
### Information Panel
Real-time display showing:
- Current setup status
- First move direction and body percentage
- Recommended trade direction
- Key price levels (reaction high/low)
- Profit targets with historical success rates
### Alert System
- Pre-news warnings (customizable timing)
- News event notifications
- Setup activation alerts
- Entry signal notifications
### Success Tracking
- Visual "BOOM!" animations when targets are hit
- Target 1 (50% level): ~95% historical success rate
- Target 2 (Main target): ~80% historical success rate
## Configuration Options
### Time Settings
- News release hour and minute (customizable for different events)
- Pre-news alert timing
- Setup duration (default 60 bars after news)
### Fibonacci Levels
- Adjustable retracement percentages
- Customizable target levels
- Mid-level importance weighting
### Risk Management
- Minimum reaction candle size filter
- Maximum risk point setting
- Visual risk/reward display
### Display Options
- Toggle Fibonacci level visibility
- Toggle target level display
- Toggle animation effects
- Customizable alert preferences
## Applicable News Events
This indicator is designed for high-impact economic releases:
- Non-Farm Payrolls (NFP) - First Friday, 8:30 AM ET
- Consumer Price Index (CPI) - Monthly, 8:30 AM ET
- Producer Price Index (PPI) - Monthly, 8:30 AM ET
- Gross Domestic Product (GDP) - Quarterly, 8:30 AM ET
- FOMC Interest Rate Decisions - 8 times yearly, 2:00 PM ET
## Trading Strategy Framework
### Core Principle
Markets often overreact to news initially, then reverse toward more rational price levels. This "boomerang effect" creates short-term trading opportunities.
### Entry Strategy
1. Wait for significant initial reaction (>10 points minimum)
2. Identify the initial direction using multi-factor analysis
3. Trade opposite to the initial reaction when price reaches sweet spot zones
4. Use Fibonacci retracement levels as entry triggers
### Risk Management
- Always use appropriate position sizing
- Set stop losses beyond recent swing levels
- Consider market volatility and news importance
- Monitor for setup invalidation signals
## Important Notes
### Educational Purpose
This indicator is for educational and analytical purposes. Users should:
- Thoroughly test strategies in demo environments
- Understand the risks involved in news trading
- Consider market conditions and volatility
- Use proper risk management techniques
### Market Considerations
- High volatility during news events increases both opportunity and risk
- Spreads may widen significantly during news releases
- Different brokers may have varying execution conditions
- Economic calendar timing may vary between sources
### Limitations
- Past performance does not guarantee future results
- Market conditions can change, affecting strategy effectiveness
- News events may have unexpected outcomes affecting normal patterns
- Technical analysis should be combined with fundamental analysis
## Version Information
- Compatible with TradingView Pine Script v5
- Designed for 1-minute timeframe optimal performance
- Works on major forex pairs, indices, and commodities
- Regular updates based on market condition changes
---
**Disclaimer:** This indicator is provided for educational purposes only. Trading involves substantial risk and is not suitable for all investors. Past performance is not indicative of future results. Users should conduct their own research and consider their financial situation before making trading decisions.
Open Range Breakout (ORB) with Alerts
🚀 ChartsAlgo – Open Range Breakout (ORB) with Alerts
The Open Range Breakout (ORB) Indicator by ChartsAlg is designed for intraday traders looking to capitalize on price movements after the market’s opening range. This tool is especially effective for futures (MNQ, MES) and high-volatility stocks or crypto where initial volatility sets the tone for the session.
This indicator identifies a user-defined opening range window, plots the high/low lines of that range, and visually alerts users when price breaks out above or below the range — with options to customize breakout repetitions, background fill, and alerts.
💡 What is an Open Range Breakout (ORB)?
The opening range represents the high and low established during the first few minutes of the trading session — usually 15 or 30 minutes. Many intraday strategies are based on the idea that breaking out of this initial range often signals strong momentum and trend continuation.
Traders often enter:
Long when price breaks above the range high.
Short when price breaks below the range low.
⚙️ How It Works
You define a session window (e.g., 09:30–09:45 EST).
The indicator tracks the high and low during this time.
Once the session ends, the high and low become your range breakout levels.
The indicator then:
Plots lines for visual clarity
Optionally fills background between the range
Triggers breakout signals if price crosses the levels
Provides alerts when breakouts occur
🛠️ Settings Breakdown
🔹 Session Settings
Range Session: Set your preferred window (e.g., 0930–0945). Can be premarket, first 30 mins, or any custom time.
Time zone: Use "America/New York" for EST (default) or change to "GMT+0" for international traders.
🔹 Breakout Settings
Bullish Breakout Signals: Number of allowed breakout alerts above the range.
Bearish Breakout Signals: Number of allowed breakout alerts below the range.
This prevents repeated alerts once breakout has been confirmed.
🔹 Display Settings
Show Background Fill: Fills area between high/low of the range for easier visual analysis.
Show Breakout Signals: Triangle markers plotted on the chart when breakouts happen.
Only Show Today’s Range: Keeps the chart clean by showing only the most current day’s range.
🔹 Color Settings
Range High/Low Line Colors: Choose any color for clarity.
Range Fill Color: Customize the highlight area for your chart style.
📊 Chart Features
Range High/Low Lines: Automatically plotted after range session ends.
Visual Fill Box: Optional background shading between the opening range.
Triangle Breakout Markers: Appear at the breakout candle.
Alerts: Can be used with TradingView’s alert system to notify you of breakouts in real-time.
🔔 Alerts
Two alert conditions are built in:
Bullish Breakout: Triggers when price breaks above the high of the range.
Bearish Breakout: Triggers when price breaks below the low of the range.
Example Alert Message:
📈 “Bullish Breakout above Open Range on AAPL!”
To activate:
Click “🔔 Alerts” on TradingView.
Set condition to this script.
Choose “ORB Breakout Up” or “ORB Breakout Down”.
Choose alert frequency and notification method.
⚠️ DISCLAIMER
ChartsAlgo tools are for informational and educational purposes only.
They are not financial advice or signals. Past performance does not guarantee future results. Use at your own risk and always implement solid risk management.
By using this indicator, you agree that you are solely responsible for any trades or decisions made based on the information provided.
Squeeze Breakout Pro🔥 What This Script Does
This is a Breakout Strength Scanner with Squeeze + Pattern Range + Volume Confirmation + Risk Management + Take Profits.
✅ Core Functions:
Squeeze Detector:
Finds low volatility zones using Bollinger Band width compression.
Marks them with a “Squeeze” label — this signals that a big move is likely coming soon.
Pattern Range Detection:
Automatically identifies recent pivot highs (resistance) and pivot lows (support) using the pivotLen.
Draws the current consolidation range visually with horizontal lines.
Breakout Confirmation:
Requires:
✅ A break above resistance or below support.
✅ Confirmed with above-average volume.
✅ Must occur while in a volatility squeeze.
Plots arrows:
🔼 Green Up Arrow = Confirmed Bullish Breakout.
🔽 Red Down Arrow = Confirmed Bearish Breakout.
Trade Management Built-In:
Stop Loss: Just beyond the opposite side of the pattern range.
Take Profits:
✅ TP1 = 1.5x risk.
✅ TP2 = 2x risk.
Position Size Calculator:
Based on your input account size (accountBal) and risk percentage (riskPct).
Shows how many contracts, shares, or units to buy/sell to risk exactly that % of your account.
Higher Timeframe Trend Filter:
Default is 4-hour trend filter (can be changed).
✅ Only shows if the higher timeframe trend is Bullish (EMA50 > EMA200) or Bearish.
Displayed on the dashboard.
📊 How to Use It Step-By-Step
🟧 1. Look for a Squeeze:
A “Squeeze” label will appear.
This means price is coiled tight — a breakout is likely.
🟩 2. Wait for a Breakout Arrow:
🔼 Green Arrow: Bullish breakout (price breaks resistance + volume confirms + squeeze active).
🔽 Red Arrow: Bearish breakout (price breaks support + volume confirms + squeeze active).
🟥 3. Check the Dashboard:
✅ Trend Bias: Should ideally match your breakout.
If the higher timeframe is Bullish, long breakouts have better odds.
If Bearish, short breakouts are higher probability.
✅ Vol Confirm: Will say “Yes” if the volume condition is met.
🏹 4. Manage the Trade (Auto Levels):
The script draws:
🔴 Stop Loss Line (below range for longs, above for shorts).
🟢 Take Profit 1 (1.5x risk).
🟢 Take Profit 2 (2x risk).
Use these as guidelines for exits.
💰 5. Use Position Size Display:
Check the TP and SL distances and the suggested position size based on your account balance and risk percentage.
🚀 Pro Tips for Maximum Success
✅ Use Trend Confluence:
Only trade long breakouts when the higher timeframe trend is Bullish (EMA50 > EMA200).
Only trade short breakouts when the higher timeframe trend is Bearish.
✅ Avoid Fakeouts:
If a breakout arrow forms but the candle closes far away from the pattern breakout — wait for a retest or confirmation.
Higher volume + clean breakout works better than low-volume squeezes.
✅ Best Timeframes:
4H to Daily: For swing trades.
15m to 1H: For intraday trades (adjust htf to "240" for 4H trend confirmation even on lower charts).
✅ Increase Win Rate:
Use this script with key support/resistance zones, weekly ranges, or fib retracements.
Breakouts that happen near macro key levels have the highest follow-through.
✅ Set Alerts:
Right-click the breakout arrow or use alertcondition() events in the script.
Set alerts for:
📈 Breakout UP
📉 Breakout DOWN
🏹 Squeeze Active (prep for breakout)
✅ Walk Away Once In:
Let TP1 or TP2 hit.
Or move stop to breakeven after TP1 hits for free runners.
🔥 What Makes This Script Powerful:
Combines price action (pattern range) + volatility squeeze + volume confirmation + trend bias + risk management.
Most traders use these individually. This does it all in one clean tool.
💎 Professional Edge:
This is the type of script that turns reactive trading into systematic trading. No guessing. Clean rules. Repeatable.
DTC AIO [India]✨ DTC AIO — The Ultimate All-in-One Market Intelligence Suite
DTC AIO isn’t just another indicator—it’s a complete market intelligence dashboard, purpose-built for Indian equities. Designed for traders who demand more than just signals, DTC AIO fuses professional-grade analytics, pattern recognition, and actionable insights into a single, visually stunning overlay.
✨ What Makes DTC AIO Unique?
All-in-One Dashboard: No more juggling multiple indicators. DTC AIO brings together volatility, volume, trend, momentum, pattern recognition, and even earnings data—right on your chart.
Dynamic Visuals: Modern, theme-adaptive tables and color-coded highlights make complex data instantly readable, whether you prefer dark or light mode.
Pattern Powerhouse: Go beyond the basics with advanced pattern detection—mini-coils, inside bars (with candle coloring!), pocket pivots, and strict shakeout logic.
Burst Ranker: Proprietary “Power Gauge” quantifies explosive price action (+5%, +10%, +17% days) and visualizes it with a unique scoring system.
Earnings Intelligence: See quarterly EPS and sales, with YoY and optional QoQ growth, in a clean, auto-updating table—no more hunting for fundamentals.
Sector/Industry Awareness: Instantly know the context of any stock with sector and industry tags, right on your chart.
Customizable Everything: From moving average types to table positions and text sizes, DTC AIO adapts to your workflow.
🚀 Feature Highlights
Main Metrics Table: ADR%, Relative Volume, 50D Avg Volume, U/D Ratio, and RS vs. custom benchmarks.
Momentum Table: See price distance from key EMAs and 52-week highs/lows, color-coded for clarity.
Pattern Recognition: Mini-coil, inside bar (with painted colored bar), pocket pivot, and shakeout detection—each with visual cues.
Burst Ranker Table: Track and score high-momentum days over your chosen lookback period.
Earnings & Sales Table: Quarterly EPS and sales, YoY and optional QoQ growth, all in one place.
Sector/Industry Table: Know the bigger picture at a glance.
🛠️ Built for the Demanding Trader
DTC AIO is engineered for those who want a true edge—combining technical, fundamental, and behavioral analytics in a single, elegant package. Whether you’re scanning for breakouts, tracking momentum, or analyzing earnings, DTC AIO is your all-in-one solution.
Ready to level up your trading? Add DTC AIO to your chart and experience the difference.
My Custom IndicatorThis script implements a simple yet effective RSI-based trading strategy. It uses the Relative Strength Index (RSI) to generate buy and exit signals based on overbought and oversold conditions.
How It Works:
Buy Entry: When RSI crosses above 30 (indicating recovery from an oversold state).
Exit: When RSI crosses below 70 (potential reversal from an overbought state).
Plots the RSI line and key thresholds (30/70) directly on the chart.
Designed for backtesting with TradingView’s strategy function.
Features:
Fully automated entry and exit logic
Customizable RSI settings (just edit the code)
Visual RSI plot and threshold lines
Works on any asset or timeframe
This strategy is suitable for trend-following or mean-reversion setups, and is best used in combination with other filters (like moving averages or price action patterns) for improved accuracy
reversalthis is a simple ema indicator. i specifically set my fast ema to 4 and my slow ema to 13. i only turn on signals after 9;30 am and wait for the ema cross signal to fire once a swing point has been sweeped. i follow the daily. If the daily high has been sweep the previous day and or closed then we are taking highs therefor bullish bias. vice versa for sells. if bullish then only take bullish 4/13 ema cross.THIS CROSS IS MY SIGNAL THAT THERE IS A POTENTIAL CHANGE OF ORDERFLOW, YOU MUST VERIFY THAT THERE IS INDEED A BREAKER BLOCK BEFORE ENTERING. i dont actually just follow a simple ema cross. it means something.
Breakout Retest Visualizer (with Confluence)Breakout Retest Visualizer (Smart Money Edition)
This indicator is designed for day traders who rely on price action, breakout structure, and smart confluence filters to identify high-quality trade opportunities during the New York session.
🚀 What It Does:
Plots Yesterday's High & Low as static reference levels.
Tracks the New York open price with a horizontal line.
Detects breakouts above Yesterday’s High or breakdowns below Yesterday’s Low.
Confirms valid breakouts only when 4 key confluences align:
✅ EMA 9 & EMA 21 trend alignment
✅ RSI momentum confirmation (RSI > 55 or < 45)
✅ Volume spike (volume > 20-bar average)
✅ Within New York session hours (9:30am – 4:00pm EST)
Marks Breakout Retests and highlights strong continuation signals with “Runner” labels.
📈 Visual Markers:
🟢 Green "Runner" = Bullish continuation after retest
🔻 Purple Triangle = Bullish breakout retest zone
🔴 Red "Runner" = Bearish continuation
🔺 Yellow Triangle = Bearish breakdown retest
🎯 Who It’s For:
Ideal for intraday scalpers and momentum traders who want:
Clean breakout structure
Smart money-style retests
High-confidence entries backed by volume, trend, and RSI confluence
🧠 Tips for Use:
Use the retest markers to plan precise entries after structure breaks.
Combine this with order blocks or FVG zones for deeper confluence.
Avoid trading during pre-market or low-volume hours.
Base Finder ProFind bases easily with Base finder pro. For each bases, plots length and depth of the bases.
Monday's Range by Fortis80This TradingView indicator displays the Monday’s high and low range clearly across all timeframes, making it easy for traders to identify weekly key levels.
Exclusive for Fortis80 Members.
Multi-TF S/R Lines by Pivots - 15min Chart//@version=5
indicator('Multi-TF S/R Lines by Pivots - 15min Chart', overlay=true, max_lines_count=32)
// تنظیمات کاربری
pivot_lookback = input.int(5, 'تعداد کندل دو طرف پیوت')
search_bars = input.int(200, 'تعداد کندل چکشونده در هر تایمفریم')
line_expire = input.int(40, 'حداکثر کندل بیتست تا پنهان کردن سطح')
h4_color = color.new(color.teal, 0)
h1_color = color.new(color.green, 0)
d1_color = color.new(color.blue, 0)
w1_color = color.new(color.red, 0)
plot_labels = input.bool(true, 'نمایش لیبل')
label_size = input.string('tiny', 'سایز لیبل', )
var float w1_pivothighs = array.new_float(0)
var float w1_pivotlows = array.new_float(0)
var float d1_pivothighs = array.new_float(0)
var float d1_pivotlows = array.new_float(0)
var float h4_pivothighs = array.new_float(0)
var float h4_pivotlows = array.new_float(0)
var float h1_pivothighs = array.new_float(0)
var float h1_pivotlows = array.new_float(0)
//----------------------
// تابع پیوتی (true اگر کندل مرکزی، پیوت سقف/کف باشد)
pivot(cF, length, dir) =>
// dir = 'high' یا 'low'
var bool isP = true
for i = 1 to length
if dir == 'high'
isP := isP and cF > cF and cF > cF
if dir == 'low'
isP := isP and cF < cF and cF < cF
isP
// جمعآوری پیوتها در تایمفریم انتخابی
get_pivots(tf, bars_limit, look, dir) =>
var float pivs = array.new_float(0)
pivs := array.new_float(0) // reset each call: همیشه آخرین ۲۰۰ کندل
h = request.security(tf, 'high', high)
l = request.security(tf, 'low', low)
arr = dir == 'high' ? h : l
// فقط کندلهای وسط برگردد (نه اول و آخر)
for i=look to (bars_limit - look)
if pivot(arr, look, dir)
array.unshift(pivs, arr )
pivs
// بروزرسانی آرایه پیوتها (آخرین سطوح)
if barstate.islastconfirmedhistory
w1_pivothighs := get_pivots('W', search_bars, pivot_lookback, 'high')
w1_pivotlows := get_pivots('W', search_bars, pivot_lookback, 'low')
d1_pivothighs := get_pivots('D', search_bars, pivot_lookback, 'high')
d1_pivotlows := get_pivots('D', search_bars, pivot_lookback, 'low')
h4_pivothighs := get_pivots('240', search_bars, pivot_lookback, 'high')
h4_pivotlows := get_pivots('240', search_bars, pivot_lookback, 'low')
h1_pivothighs := get_pivots('60', search_bars, pivot_lookback, 'high')
h1_pivotlows := get_pivots('60', search_bars, pivot_lookback, 'low')
//--------------
// تابع رسم سطح
draw_lines(pivArr, line_color, label_txt, expiry) =>
int count = math.min(array.size(pivArr), 8)
for i=0 to (count-1)
y = array.get(pivArr, i)
// بررسی در 40 کندل اخیر برخورد بوده یا نه؟
touched = false
for c=0 to (expiry-1)
touched := touched or (low <= y and high >= y)
if touched
l = line.new(bar_index-expiry, y, bar_index, y, color=line_color, width=2, extend=extend.right)
if plot_labels
label.new(bar_index, y, label_txt, color=line_color, style=label.style_label_right, textcolor=color.white, size=label_size)
// اگر طی پیشفرض expiry کندل برخورد نشده بود، خط و لیبل رسم نشود (مخفی شود)
// رسم همه خطوط
draw_lines(w1_pivothighs, w1_color, 'W1', line_expire)
draw_lines(w1_pivotlows, w1_color, 'W1', line_expire)
draw_lines(d1_pivothighs, d1_color, 'D1', line_expire)
draw_lines(d1_pivotlows, d1_color, 'D1', line_expire)
draw_lines(h4_pivothighs, h4_color, 'H4', line_expire)
draw_lines(h4_pivotlows, h4_color, 'H4', line_expire)
draw_lines(h1_pivothighs, h1_color, 'H1', line_expire)
draw_lines(h1_pivotlows, h1_color, 'H1', line_expire)
ORB NormanORB with adjustable times for up to 3 ORB's.
High and Low for each defined timeframe with adjustable lenghts for each day.
SDR Dashboard v3.1: 结构距离与节奏SDR Dashboard v3.1: User Guide & Trading Strategy
1. Introduction
The SDR Dashboard is a comprehensive technical indicator designed to identify high-probability trend-following trade opportunities. It is built on the core principle of "buying the dip in an uptrend" and "selling the rally in a downtrend."
To achieve this, the indicator combines three key elements of market analysis:
Rhythm (The Long-Term Trend): Determines the overall market direction.
Distance (The Pullback Location): Identifies when the price has pulled back to an area of potential value.
Momentum (The Entry Trigger): Provides the final confirmation to enter a trade.
A signal is only generated when all three conditions align, providing a clear and disciplined approach to trading.
2. Core Components Explained
The indicator's logic is visualized through the background color and the oscillator at the bottom of the chart.
Rhythm: The Background Color
The background color is determined by the 200-period Exponential Moving Average (EMA), which defines the long-term trend.
🟦 Blue Background: The price is above the 200 EMA. The market is in an uptrend. You should ONLY look for BUY signals.
🟥 Red Background: The price is below the 200 EMA. The market is in a downtrend. You should ONLY look for SELL signals.
⬜ Gray Background: The price is hovering around the 200 EMA. The trend is unclear or the market is in a consolidation phase. You should STAY OUT and wait for a clear trend to establish.
Distance: The Oscillator & Zones
The multi-colored line at the bottom is the "Distance Oscillator." It measures how overbought or oversold the price is relative to its recent range (defaulting to the last 50 bars).
Overbought Zone (Red Area > +80): In a downtrend, this indicates the price has rallied to a potential resistance level and may be due for a turn back down.
Oversold Zone (Green Area < -80): In an uptrend, this indicates the price has dipped to a potential support level and may be due for a turn back up.
Momentum: The Stochastic Cross (The Hidden Trigger)
This indicator uses a standard Stochastic Oscillator in the background (not plotted to keep the chart clean) as the final entry trigger.
A bullish crossover (K-line crossing above D-line) confirms that downside momentum is fading and buying pressure is returning.
A bearish crossunder (K-line crossing below D-line) confirms that upside momentum is fading and selling pressure is returning.
3. How to Use: Trading Rules
BUY Signal (Long Entry)
Look for a green "▲" arrow below a candle. This signal appears ONLY when the following three conditions are met in order:
Rhythm is Bullish: The chart background must be BLUE.
Distance is Oversold: The Distance Oscillator must have recently dipped into the green "Support Zone" (below -80) within the last 3 bars. This shows a pullback has occurred.
Momentum Confirms: The Stochastic Oscillator has just executed a bullish crossover. This is the trigger.
Strategy: In a clear uptrend (blue background), wait for a price dip into the support area. Enter when the green arrow appears, confirming the dip is likely over and the uptrend is resuming.
SELL Signal (Short Entry)
Look for a red "▼" arrow above a candle. This signal appears ONLY when the following three conditions are met in order:
Rhythm is Bearish: The chart background must be RED.
Distance is Overbought: The Distance Oscillator must have recently pushed into the red "Resistance Zone" (above +80) within the last 3 bars. This shows a rally has occurred.
Momentum Confirms: The Stochastic Oscillator has just executed a bearish crossunder. This is the trigger.
Strategy: In a clear downtrend (red background), wait for a price rally into the resistance area. Enter when the red arrow appears, confirming the rally is likely over and the downtrend is resuming.
4. Best Practices & Risk Management
No Indicator is Perfect: This tool provides high-probability setups, not guaranteed wins. Always use proper risk management, including setting a stop-loss for every trade.
Context is Key: The indicator works best in trending markets. Be cautious during periods of low volatility or sideways chop (gray background).
Parameter Tuning: The default settings are a balanced starting point. Feel free to experiment with the lookback periods and thresholds in the indicator's settings to optimize for different assets and timeframes.
Hidden Bullish Divergence [1H]Detects hidden bullish divergence on the 1-hour timeframe using RSI. It will plot a label when conditions are met. Watch for the green label under a candle — this indicates hidden bullish divergence.
RSI Overbought ScannerRSI Overbought Scanner
Description
The RSI Overbought Scanner is a Pine Script indicator designed to identify potential overbought conditions across multiple timeframes (1-minute, 5-minute, and 15-minute) using the Relative Strength Index (RSI). This tool is ideal for traders looking to spot stocks or assets that may be overextended to the upside, potentially signaling a reversal or pullback opportunity.
Key Features
Multi-Timeframe Analysis: Evaluates RSI on 1m, 5m, and 15m timeframes to confirm overbought conditions (RSI > 70).
Visual Output: Plots a binary result (1 for overbought, 0 otherwise) for easy integration with TradingView's screener.
Debugging Table: Displays a table in the top-right corner showing RSI values and overbought status for each timeframe, with color-coded indicators (red for overbought, green for not overbought).
Alert Integration: Includes an alert condition that triggers when all three timeframes are overbought, providing a customizable message with the ticker symbol.
How It Works
RSI Calculation: Computes RSI with a default length of 14 for the 1m timeframe and retrieves RSI values for 5m and 15m timeframes using request.security.
Overbought Condition: Checks if RSI exceeds 70 on all three timeframes.
Output: Plots a value of 1 when all conditions are met, otherwise 0. A table updates on the last confirmed bar to show RSI values and overbought status.
Alerts: Triggers an alert when all timeframes are overbought, notifying users of potential trading opportunities.
Usage
Add the indicator to your chart and use it with TradingView's screener to filter assets meeting the overbought criteria.
Customize the RSI length or overbought level (default 70) in the indicator settings to suit your trading strategy.
Set up alerts to receive notifications when the overbought condition is met across all timeframes.
Notes
This script is written in Pine Script v6.
Best used in conjunction with other technical analysis tools to confirm signals.
The table is for debugging and visual confirmation, updating only on the last confirmed bar to avoid performance issues.
SDR Dashboard: 结构距离与节奏How to trade with this "SDR Dashboard"
This indicator is not a mindless "arrow trading system", but a powerful filter and decision-making aid. Please strictly follow the following process:
Step 1: Look at the background color (set the rhythm)
Is the chart background blue? If so, your brain should switch to "only look for buying opportunities" mode. Ignore all red arrow signals.
Is the chart background red? If so, switch to "only look for selling opportunities" mode. Ignore all green arrow signals.
Is the background gray? Stay on the sidelines, or only trade in small positions.
Step 2: Wait for the oscillator to enter the area (measure the distance)
Under the blue background, patiently wait for the "Structural Distance Oscillator" main line to enter the green "support zone" below (below -80). This tells you that the price has fallen back to a favorable position in the structure.
Under the red background, wait for the main line to enter the red "resistance zone" above (above +80).
Step 3: Wait for the arrow to appear (find resonance)
This is the most critical step. When the oscillator main line has entered the favorable area, do not act immediately.
Wait patiently for a clear green (▲) or red (▼) arrow signal to appear. This arrow represents the final confirmation of "momentum" and is the resonance point of "time, place, and people".
Step 4: Confirm with the main chart (execute the transaction)
When the SDR dashboard sends a signal, return to your main chart for final confirmation.
Does this signal appear in the strong support/resistance area you marked with VPVR?
Use the **"Long and Short Positions" tool to measure whether the profit and loss ratio of this transaction is still cost-effective?
If everything is perfect, this is a high-probability transaction that is highly consistent with your trading system. Execute it and set the stop loss and take profit according to your trading plan.
This indicator condenses all our discussions - macro rhythm, structural distance, momentum confirmation - into a simple and powerful visual language. It can greatly help you filter out low-quality trading opportunities and force you to be patient and only take action when the chance of winning is the highest.
Pivot Points Standard 4-Hour TimeFrame VersionPivot Points Standard Modified to Suit the 4H Time Frame.
Taken as the original source code of the Pivot Points Standard and Modified.
Multi-Timeframe Horizontal LinesThis Pine Script indicator plots horizontal lines at the high and low prices of the most recent 1-hour and 15-minute candles. Users can customize the color and width of the lines for each timeframe. The lines are updated dynamically, with previous lines removed to keep the chart clean.
RSI OS/OB Background StripesThe "RSI OS/OB Background Stripes" indicator is a simple tool designed to help traders visualize overbought and oversold market conditions using the Relative Strength Index (RSI). It highlights these conditions by displaying colored background stripes directly on your chart, making it easy to spot potential trading opportunities.
How It Works:RSI Calculation: The indicator calculates the RSI, a popular momentum indicator that measures the speed and change of price movements, using a default period of 14 (customizable).
Overbought/Oversold Levels: It marks areas where the RSI is above a user-defined overbought level (default: 70) with red background stripes, and below an oversold level (default: 30) with green background stripes.
Visual Feedback: The colored stripes appear on the chart when the RSI enters overbought (red) or oversold (green) zones, helping you quickly identify market conditions.
Customization: You can adjust the RSI period, overbought/oversold levels, background colors, and transparency. You can also choose to show the RSI line in a separate panel or display RSI values on the chart for debugging.
Alerts: The indicator includes optional alerts that notify you when the RSI crosses into overbought or oversold territory.
Who It’s For: This indicator is perfect for beginner and intermediate traders who want a clear, visual way to track RSI-based overbought and oversold conditions without cluttering their charts.
Key Features:Easy-to-read background stripes for overbought (red) and oversold (green) conditions.
Fully customizable RSI settings, colors, and transparency.
Optional RSI plot and value display for deeper analysis.
Alerts to keep you informed of key RSI level crossings.
This indicator is a straightforward way to monitor market momentum and make informed trading decisions.
SNIPERKILLS-IB-HIGH-LOW+Exp-Move[D/W/M]Script Feature Checklist (Updated):
Initial Balance (IB) Calculation
Tracks IB High and IB Low during a user-defined session (default 9:30–10:30)
Plots IB High (blue), IB Low (red), and IB Midpoint (orange)
Expected Movement (EM) Calculation Using VIX
Calculates expected price move range based on VIX volatility index and previous close
Plots EM upper (EM+) and lower (EM-) levels (purple lines)
Optional rounding of levels to nearest multiple (spread input)
Displays two deviation levels (% deviations from EM):
First deviation (default 68%, orange dashed lines)
Second deviation (default 90%, blue dashed lines)
Labels for EM levels and deviations on chart
Summary table with Period, EM, VIX, Previous Close
Measured Move Targets Based on IB Range
Defines 3 long targets above IB High (multiples 1x, 2x, 3x)
Defines 3 short targets below IB Low (multiples 1x, 2x, 3x)
Plots these targets in green (long) and red (short)
Liquidity Sweeps Detection
Detects when price breaks/sweeps below IB Low or above IB High (liquidity grab)
Plots triangle shapes on bars showing IB Low Sweep (red) or IB High Sweep (blue)
Market Structure Shift (MSS) Detection
Detects bearish MSS (higher high + close lower) above IB High
Detects bullish MSS (lower low + close higher) below IB Low
Marks MSS signals with crosses: orange (bearish), green (bullish)
Trade Entry Markers Based on MSS
Short entry trigger if bearish MSS confirmed and close below previous low
Long entry trigger if bullish MSS confirmed and close above previous high
Plots labeled arrows: "AMD SHORT" (black label down), "AMD LONG" (lime label up)
Fair Value Gap (FVG) Detection
Detects potential Fair Value Gaps up and down
Plots small squares: green below bars (FVG Up), red above bars (FVG Down)
Simple Risk/Reward Levels
Defines take profit (TP) and stop loss (SL) levels for short and long entries based on fixed pip multiples
Plots TP and SL with colored circles on the chart
Alerts for Key Events
Alerts for IB Low Sweep and IB High Sweep
Alerts for MSS Bearish and MSS Bullish
Alerts for Short and Long entries
Order Block (OB) / CISD Candle Highlight
Detects large bearish displacement candle following bullish candle (CISD)
Highlights the previous candle (order block candle) in purple
Allows traders to anticipate potential reversals by visually identifying these order blocks
EMA Crossover with DiamondsGreen diamond when 20 exponential moving average crosses over 50 exponential moving average, and shows a red diamond when 50 moving average crosses over 20 exponential moving average
Optimized Bayesian Network Signal (Tunable)Built for short set-up in the NY Session. it uses a bayesian network with adjustable candlestick look-back period.
MACD
RSI
Volume sensitivity settings.