Fisher Transform Background StripesA simple indicator to provide the user with background stripes on the candle chart showing Fisher Transform Oversold and Overbought Levels.
圖表形態
DD_ORBORB STRATEGY OR OPEN RANGE BREAKOUT STRATEGY
The Opening Range Breakout (ORB) Strategy is a time-based intraday trading method where traders define a specific opening time window—usually the first 5, 15, or 30 minutes after market open to mark the high and low of that range.
A trade is triggered when price breaks out of this range:
📈 Buy when price breaks and closes above the opening range high
📉 Sell when price breaks and closes below the opening range low
This strategy works best on highly volatile instruments and is ideal for capturing early directional momentum. It’s commonly used by intraday traders to catch big moves that often occur after the market establishes its initial trend.
THIS INDICATOR PLOTS THE RANGE AUTOMATICALLY.
Ema-Wma-RsiRSI x EMA x WMA Crossover Signals — Clean Entry Points
This indicator combines RSI with EMA and WMA to generate Buy/Sell signals. A Buy signal appears when RSI crosses above both EMA and WMA after being below them. A Sell signal occurs when RSI crosses below both EMA and WMA after being above them. It helps filter out noise and confirm momentum.
+ Visual triangle markers for clarity
+ No repainting
+ Great for confirmation and trend filtering
Enhanced S/D Boring-Explosive [Visual Clean]**Enhanced S/D Boring-Explosive \ **
The Enhanced S/D Boring-Explosive Indicator uniquely combines Supply and Demand zones with volatility-based candle detection ("boring" and "explosive" candles), visually highlighting precise market reversals and breakout opportunities clearly on your chart.
= Key Features:
* **Dynamic Supply/Demand Zones**: Automatically detects recent significant pivot highs and lows, creating clearly defined Supply (red) and Demand (green) zones, aiding traders in pinpointing potential reversal areas.
* **Volatility-Based Candle Classification**:
* **Boring Candles (Yellow Dot)**: Identifies low-volatility candles using Adaptive Average True Range (ATR), signaling potential market indecision or accumulation phases.
* **Explosive Candles (Orange Arrow)**: Highlights candles with significant breakouts immediately following a "boring" candle, suggesting strong directional momentum.
* **Multi-Timeframe (MTF) Analysis Panel**: Provides clear visual feedback of higher timeframe sentiment directly on your chart, improving context and confirmation of trading signals.
* **Clean Visual Interface**: Designed to reduce clutter and enhance readability with clearly distinguishable symbols and zones.
- How it Works (Conceptual Overview):
This indicator uses:
* **Adaptive ATR** to determine candle volatility, categorizing them into two types:
* **Boring candles**: Marked when the candle’s total range and body size are significantly lower than typical volatility (customizable via input).
* **Explosive candles**: Identified when a candle dramatically breaks the high or low of a previously marked "boring candle," indicating strong breakout momentum.
* **Supply/Demand Zones**: Calculated dynamically by locating pivot highs and lows, defining areas of likely institutional order accumulation and distribution, which are prime reversal or breakout zones.
- Practical Use Cases & Examples:
* **Timeframes and Markets**: Ideal for intraday trading (5-minute to 1-hour charts) and swing trading (4-hour to Daily charts), particularly effective on volatile markets such as Forex (EUR/USD, GBP/USD), commodities (Gold - XAU/USD), and major cryptocurrencies.
* **Trading Signals**:
* **Reversal Trading**: Enter trades near identified Supply (sell) or Demand (buy) zones upon confirmation by an explosive candle.
* **Breakout Trading**: Explosive candles breaking above/below Supply/Demand zones indicate potential breakout trades.
* **MTF Confirmation**: Higher timeframe status (MTF panel) strengthens trade confidence. For example, a lower timeframe explosive candle aligning with a higher timeframe "Explosive" status enhances trade conviction.
- Alerts Included:
* Immediate alerts for both "Boring Candles" (anticipating possible breakouts) and "Explosive Breakouts" (clear entry signals), allowing efficient and timely market entry.
- Why Closed-Source?
The indicator employs an optimized proprietary volatility-based algorithm combined with advanced pivot detection logic. Keeping it closed-source protects this unique intellectual property, ensuring its continued effectiveness and exclusivity for our user base.
---
Use this comprehensive tool to enhance your technical analysis and gain clearer insights into market sentiment, volatility shifts, and critical trade entry points.
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.
对数通道选股器 - 5分15分绿色筛选🎯 Log Channel Multi-Timeframe Screener
A powerful screening tool that identifies stocks with bullish logarithmic regression channels across multiple timeframes. This indicator helps traders find high-quality opportunities by filtering stocks where both 5-minute and 15-minute log channels show upward trends.
🔍 KEY FEATURES:
• Multi-timeframe analysis (1m, 5m, 10m, 15m, 30m, 1D, 1W)
• Logarithmic regression channel calculation
• Real-time green/red channel status detection
• Built-in screening conditions for stock selection
• Visual table showing all timeframe statuses
📊 SCREENING CONDITIONS:
• "5min_green" = 1 (5-minute channel is bullish)
• "15min_green" = 1 (15-minute channel is bullish)
• "both_green" = 1 (Both 5m and 15m channels are bullish)
• "strict_qualified" = 1 (5m, 15m, and 30m all bullish)
• "very_strict" = 1 (All timeframes bullish)
🎨 VISUAL ELEMENTS:
• Color-coded status table (Green = Bullish, Red = Bearish)
• Signal labels when channels turn green
• Real-time status updates
⚡ HOW TO USE:
1. Add indicator to any chart
2. Use in TradingView Stock Screener
3. Set condition: "both_green = 1" for basic screening
4. Combine with volume and price filters for better results
🎯 BEST FOR:
• Swing trading setups
• Multi-timeframe trend confirmation
• Stock screening and watchlist building
• Trend following strategies
📈 ALGORITHM:
Based on logarithmic regression analysis where:
• Green Channel: end > start (upward trend)
• Red Channel: end ≤ start (downward trend)
Perfect for traders who want to identify stocks with aligned bullish momentum across multiple timeframes.
#StockScreener #LogarithmicRegression #MultiTimeframe #TrendAnalysis #SwingTrading
Heiken Ashi Colors - Classic Candles ModificationDo you want to use Heiken Ashi candles but you prefer seeing the true prices and range of the normal candles? Here's the fix.
This simple indicator recolors the body of the bars to match the Heiken Ashi calculations. The borders and wicks will remain the same as the classic candles, but the body will reflect the Heiken Ashi trend.
As a bonus, I have added "Bullish" and "Bearish" candle identifiers, currently using aqua and purple, to show Heiken Ashi bullish candles with no lower shadow (aqua) and Heiken Ashi bearish candles with no upper shadow (purple).
I hope you find this useful.
Session High/Low Levels with Mitigation*****This is an updated version of my daily high/low with mitigation, now with weekly, daily, 4hr, 2hr and 1hr levels.
This Pine Script script defines a TradingView indicator named "Session High/Low Levels" designed to track and display the session(of your choice) high and low levels of a trading session, with added functionality for marking levels as mitigated when certain conditions are met. Here's a breakdown of its functionality:
Session Highs and Lows:
Tracks the high and low levels for each session.
Retains the highs and lows for a configurable number of previous days.
Visualization:
Creates horizontal lines for each session's high and low levels.
Supports customization of line colors and styles.
Mitigation Tracking:
Monitors whether a high or low level has been "mitigated" (touched or exceeded by subsequent price action).
Changes the line style and color to indicate mitigation.
Provides an alert when mitigation occurs.
Configurable Extensions:
Lines can be extended beyond mitigation or stopped at the bar index where mitigation occurs, depending on user preference.
Efficient Array Management:
Uses arrays to manage daily highs, lows, their respective indices, and lines.
Ensures the size of stored data does not exceed the configured limit (daysToTrack).
Alerts:
Sends alerts when high or low levels are mitigated, which can be used for trading decisions.
Inputs
Session Start Hour/Minute: Defines when a new session starts.
Days to Track: Sets the number of previous days to display high/low levels.
Colors: Allows customization of line colors for unmitigated and mitigated levels.
Extend Lines: Toggles whether lines should extend past the mitigation point.
Code Highlights
New Session Detection: The script detects the start of a new session based on the configured session start time and resets daily highs/lows.
Line Management: Horizontal rays are created for highs and lows, and mitigated lines are updated with a dashed style and faded color.
Mitigation Logic: The script checks whether current price action exceeds stored high or low levels and updates their status and appearance accordingly.
Memory Management: Ensures the size of the arrays (highs, lows, lines) does not exceed the configured daysToTrack, deleting the oldest elements as necessary.
This indicator is highly customizable and useful for traders who want to track and analyze daily support and resistance levels, incorporating mitigation as a dynamic feature.
80% Rule Indicator (ETH Session + SVP Prior Session)I created this script to show the 80% opportunity on chart if setting lines up.
"80% rule: Open outside the vah or Val. Spend 30 mins outside there then break back inside spend 15 mins below or above depending which way u broke. Then come back and retest the vah/val and take it to the poc as a first target with the final target being the other Val/vah "
📌 Script Summary
The "80% Rule Indicator (ETH Session + SVP Prior Session)" overlays your chart with prior session value area levels (VAH, VAL, and POC) calculated from extended-hours 30-minute data. It tracks when the price reenters the value area and confirms 80% Rule setups during your chosen trading session. You can optionally trigger alerts, show/hide market sessions, and fine-tune line appearance for a clean, modular workflow.
⚙️ Options & Settings Breakdown
- Use 24-Hour Session (All Markets)
When checked, the indicator ignores time zones and tracks signals during a full 24-hour period (0000-0000), helpful if you're outside U.S. trading hours or want consistent behavior globally.
- Market Session
Dropdown to select one of three key market zones:
- New York (09:30–16:00 ET)
- London (08:00–16:30 local)
- Tokyo (09:00–15:00 local)
Used to gate entry signals during relevant hours unless you choose the 24-hour option.
- Show PD VAH/VAL/POC Lines
Toggle to show or hide prior day’s levels (based on the 30-min extended session). Turning this off removes both the lines and their white text labels.
- Extend Lines Right
When enabled, the VAH/VAL/POC lines extend into the current day’s session. If disabled, they appear only at their anchor point.
- Highlight Selected Session
Adds a soft blue background to help visualize the active session you selected.
- Enable Alert Conditions
Allows TradingView alerts to be created for long/short 80% Rule entries.
- Enable Audible Alerts
Plays an in-chart sound with a popup message (“80% Rule LONG” or “SHORT”) when signals trigger. Requires the chart to be active and sounds enabled in TradingView.
AbuSaad – Multi-Timeframe EMA Radar📡 Multi-Timeframe EMA Alert Indicator
✅ Supports EMA 9 / 20 / 50 / 100 / 200
✅ Works on 5m, 15m, 1h, 4h, and 30h timeframes
✅ Triggers alerts when price approaches any EMA within a $3 range
✅ Ideal for scalping and short-term trading
🚀 تم تطويره من أبو سعد
SunAlgo Wealth Builder | SMA20 + RSI20Created by SunAlgo
This indicator is a swing trading strategy designed to help long-term investors and position traders grow wealth steadily by riding strong stock trends. It combines trend-following logic (SMA20) with a momentum confirmation filter (RSI20) to identify high-probability bullish entries and secure exits.
✅ Strategy Logic (Weekly Chart):
Entry Conditions:
Price crosses above the 20-week Simple Moving Average (SMA20) from below.
Then, RSI(20) crosses above 60, confirming bullish momentum.
A Buy signal is generated at the open of the candle where RSI > 60.
Exit Condition:
A Sell signal is triggered when the price closes below SMA20.
📈 Features:
Buy/Sell signals marked directly on the chart.
Labels display entry and exit prices, along with profit per share and % return.
Built specifically for weekly stock charts to avoid market noise and favor strong trends.
Plots the SMA20 for trend guidance and clarity.
💼 Ideal Use Case:
For stocks showing trend re-acceleration after pullbacks.
Works best on high-volume, fundamentally strong equities.
Suitable for long-term capital growth portfolios.
⚠️ Note:
This indicator is for educational and research purposes only. Always use proper risk management and trade with your own discretion.
🔗 Part of the growing SunAlgo Strategy Series — precision tools for disciplined wealth-building.
CHoCH + BOS + LQ Sweep v6.3.8 PRO+Smart Liquidity Sweep & Zone indicator — perfect for identifying LTF & HTF liquidity levels, swing zones, and market structure breaks.
W2050: Bullish Candle Linking EMA50 and MA20 (Weekly)On a weekly timeframe, if a bullish candle (close > open) has a body that includes both EMA50 and MA20, then print the label "W2050" above the candle.
Scanner Candles v2.01The "Scanner Candle v.2.01" is an indicator classifies candles based on the body/range ratio: indecisive (small body, ≤50%), decisive (medium body), explosive (large body, ≥70%). It includes EMAs to identify trends and "Reset Candles" (RC), small-bodied candles near EMAs, signaling potential reversals or continuations. Useful for analyzing volatility, breakouts, reversals, and risk management.
Description of the indicator:
The "Scanner Candle v.2.01" indicator classifies candles into three categories based on the proportion of the candle's body to its range (high-low):
Indecisive: candles with a small body (≤ set threshold, default 50%), indicating low volatility or market uncertainty.
Decisive: candles with a medium body, reflecting a clear but not extreme price movement.
Explosive: candles with a large body (≥ set threshold, default 70%), signaling strong directional moves.
Additionally, the indicator includes:
Customizable exponential moving averages (EMAs) to identify trends and support/resistance levels.
Detection of "Reset Candles" (RC), specific candles (e.g., dojis, ) with a small bodies body near EMAs, useful for identifying potential reversal or continuation points.
Coloring and visualization:
Candles are colored by category (white for indecisive, orange for decisive, purple for explosive).
Reset Candles are marked with circles above/below the candle (green for bullish, red for bearish).
Potential uses:
Volatility analysis: Identifying uncertain (indecisive), directional (decisive), or impulsive (explosive) market phases.
Breakout trading: Explosive candles can signal entry opportunities on strong moves.
Reversal detection: Reset Candles near EMAs can indicate turning points or trend continuation.
Trend-following support: Integrated EMAs contextualize candles within the main trend.
Risk management: Indecisive candles suggest avoiding trades in low-directionality phases.
The indicator is customizable (thresholds, colors, thresholdsEMAs, ) and adaptable to various timeframes and strategies, from day trading to swing trading.
Reset Candles:
Reset Candles (RC) are specific candles signaling potential reversals or continuations, often near EMAs. They are defined by:
Small body: Body < 5% of the range of the last 10 candles, indicating low volatility (e.g., doji).
EMA proximity: The candle is near or crosses a defined EMA (e.g., 10, 60, or 223 periods).
Trend conditions: Follows a red candle, with the close of the previous previous candles above a specific EMA, suggesting a potential bullish resumption or stabilization.
Limited spike: The candle has minimal tails (spikes, ) below a set threshold (default 1%).
Minimum timeframe: Appears on timeframes ≥ set value (default 5 minutes) or daily charts.
Non-consecutive: Not preceded by other RCs in the last 3 candles.
Types:
Doji_fin: Green circle above, signaling a bullish bullish setup near longer EMAs.
Dojifin_2: Yellow Red circle below, signaling a bearish setup near shorter EMAs.
Trading uses:
Reversal: RCs near EMAs signal bounces or rejections, ideal for counter-trend trades.
Continuation: In trends, RCs indicate pauses before trend resumption, offering low-risk entries.
Support/resistance confirmation: EMA proximity strengthens the level's significance.
Risk management: Small bodies and EMA proximity allow tight stop-losses.
Limitations:
False signals: Common in volatile or sideways markets; use with additional confirmation.
Timeframe dependency: More reliable on higher timeframes (e.g., 1-hour or daily).
Customization needed: Thresholds (e.g., spike, timeframe) must be tailored to the market.
Conclusion:
Reset Candles highlight low-volatility moments near technical levels (EMAs) that may precede significant moves. They are ideal for precise entries with tight stops in reversal or continuation strategies but require clear market context and additional confirmation for optimal effectiveness.
#ema #candlepattern #scalping
BTCUSD Liquidity Pulse Divergence | Investing Crypto StrategyStrategy type: Daily on-chain liquidity trend-follower (long-only)
What it does
The strategy goes long BTCUSD only when fresh capital and whale accumulation line up with price‐action strength:
Stable-coin Supply Shock
7-day % change in combined USDT + USDC market-cap
• Trade regime is ON when today’s change ranks above the chosen percentile of the last perc_len days (default 35 th).
Whale Wallet Momentum
Rate-of-change in the number of wallets holding ≥ 10 000 BTC
• Must be positive to confirm stealth buying.
Trend & Timing Filters
• Daily close > EMA(ema_len) ⟶ only trade with the dominant trend.
• Same-bar RSI(14) > rsi_gate and close > VWAP ⟶ avoid dead-cat moves.
Risk Engine
• Entry size = min(risk cap, volatility-weight) % of equity.
• Stop-loss = weekly ATR × atr_mult below entry.
• Flat immediately if stable-coin Z-score turns < 0 or whale ROC flips < 0.
All calculations are forward-safe: every higher-timeframe request uses lookahead_off.
Default inputs
Parameter Purpose Default
Stable-Δ percentile >` Supply-shock threshold 35
Percentile window Look-back (days) 100
Whale ROC length Accumulation window (days) 40
RSI gate Momentum confirm 50
Trend EMA length Macro filter (days) 100
Weekly-ATR stop × Stop distance 3.0
Back-test properties (shown in “Properties” tab)
Setting Value
Initial capital 10 000 USD
Order size 5 % of equity
Pyramiding 1
Commission 0.10 %
Slippage 5 ticks
Fill orders Bar magnifier ✔ · On bar close ✔ · Standard OHLC ✔
How to use
Add the script to any BTCUSD 1-day chart (spot or perpetual). Can work with ETH and other crypto correlated assets with BTC.
Leave the chart timeframe at D; the code pulls weekly data internally.
Adjust inputs only if you understand their effect (hover each slider for a tooltip).
Keep commission/slippage realistic and forward-test on a demo account before risking live funds.
Important notes
Uses only publicly available on-chain feeds (CRYPTOCAP:USDT, CRYPTOCAP:USDC, BTC_ADDRESSESBALANCE10KUSD).
No request.security() look-ahead, no repainting, no intrabar assumptions.
Long-only by design—no hedging in bear markets.
Historical performance never guarantees future returns. Market micro-structure changes or data outages can affect results.
Credits
Written from scratch with TradingView built-ins; no external code reused. Special thanks to the TradingView community for the on-chain data feeds.
Trade smart, manage risk, and let the liquidity tide guide you!
DSPLN EMA Flip Strategy v6This script is part of the DSPLN Method, a rules-based trend-following system that trades price reactions around the 21 EMA with optional VWAP context and custom session filters.
🔹 Core Logic:
Enters long when price closes above the 21 EMA
Enters short when price closes below the 21 EMA
Exits when price closes back across the 21 EMA (trend shift)
Optional TP/SL levels can be toggled ON/OFF
Immediate re-entry in the opposite direction after exit (flips positions)
Stops trading for the session after a winning trade is hit
Max 5 trades per session
🛠️ Features:
21 EMA & VWAP visual overlays
Customizable session start/end time
TP/SL settings in points
Toggle for using or ignoring TP/SL
Auto-shutdown after first win (discipline enforcement)
Trade log reset at session close
Smart label displays “✅ WIN - No More Trades” when strategy locks in
Use this to master EMA momentum flips with clear logic, strict discipline, and no emotional overtrading. Part of the DSPLN Method — Do So Patiently Listening Now.
LONDON RIPPER Breakout · Daytrade EURUSDWhat it does
The script hunts for the first decisive break of the Tokyo range when London liquidity comes online. It fires long or short only if:
Price leaves the Asia box (05 : 00 – 06 : 55 GMT).
The break occurs inside the EU Entry Window (07 : 00 – 08 : 30 GMT).
Relative Volume (rVol) confirms momentum
- Longs: rVol ≥ 1 - Shorts: rVol < 1
Bollinger Band filter adds extra thrust confirmation
- Longs: close > upper band - Shorts: close < lower band.
Stop-loss is always the opposite side of the Asia box. No targets—let the move run.
All orders are sent on bar close with standard OHLC fills—no repaint, no intrabar peeking.
Default inputs
Anchor TF ………… 1 Day (volume baseline)
rVol Length ………… 9 bars (cumulative mode)
Tokyo Session …… 05 : 00-06 : 55 GMT
EU Session (full) … 07 : 00-13 : 00 GMT
EU Entry Window … 07 : 00-08 : 30 GMT
BB Length ………… 20 | Basis MA: SMMA (RMA) | StDev Mult: 2
All times are editable and use the Session Time-Zone = GMT by default.
Strategy properties used in the back-test
Initial capital: 100 000
Order size: 5 % of equity | Pyramiding: 1
Commission: 0.0001 USD per contract
Slippage: 3 ticks
Recalculate: none | Fill orders: On bar close + Standard OHLC
Feel free to adjust these values to match your broker’s conditions.
How to use
Add the script to any intraday EURUSD chart (≤ 30 min works best from our testings).
Check that your broker’s session times line up—modify if needed.
Keep risk sensible; the default 5 % per trade is a placeholder, not advice.
Let the strategy run only during the European session; it auto-flattens outside 07-13 GMT.
Important notes
Requires a feed that supplies real volume (needed for rVol).
No request.security() with look-ahead—this code is 100 % forward-safe.
Past results never guarantee future returns. London news spikes can still blow through stops. Test before you trade live.
Credits
Built from scratch using only TradingView built-in functions and the official ta library. No external code reused.
Trade disciplined, and may the Ripper be with you!
Cruce EMA + MACD + Alertas
🔔 EMA Crossover + MACD + RSI + Volume Strategy for High-Probability Buy Signals
Description:
This script is designed to detect solid buy opportunities in U.S. equities by combining multiple technical and volatility-based filters for higher precision:
- **Bullish crossover of EMAs (15 vs 28)** on the 4H chart
- **MACD confirmation** with bullish signal line crossover
- **Daily RSI between 30 and 70** to avoid overbought/oversold extremes
- **Minimum daily volume of 1 million shares**
- **Weekly volatility greater than 2%**
- Signals only appear in stocks showing a **bullish trend background**
When all conditions are met, the script displays a **green “BUY” label** below the candle and can also **trigger an automatic alert** if configured.
Perfect for technical traders looking for clean entries with multi-layered confirmations. Apply this script to a watchlist pre-filtered through TradingView’s Screener (e.g., Strong Buy, Buy, or Neutral analyst ratings).
---
Let me know if you want me to tailor it further for algo traders, swing traders, or even for a backtest version!
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
13/20 EMA Crossover + Trend Check//@version=5
indicator("13/20 EMA Crossover + Trend Check", overlay=true)
ema13 = ta.ema(close, 13)
ema20 = ta.ema(close, 20)
ema100 = ta.ema(close, 100)
plot(ema13, color=color.green, title="EMA 13")
plot(ema20, color=color.orange, title="EMA 20")
plot(ema100, color=color.blue, title="EMA 100")
crossover = ta.crossover(ema13, ema20) and ema13 > ema20 and ema20 > ema100
bgcolor(crossover ? color.new(color.green, 80) : na, title="Buy Signal Background")
Fall from Recent Top & ATH (Latest Only)Fall from Recent Top & ATH (Latest Only)
This indicator calculates and displays the percentage drop from two key peaks—the most recent swing high and the all-time high (ATH)—but only for the latest occurrences. Use it to instantly assess how far price has retraced from these critical levels.
Features:
• Recent Top Fall % – Measures the drop from the last pivot high over your chosen lookback
• ATH Fall % – Shows the decline from the highest price on the chart (or a defined range)
• Latest Only Mode – Automatically clears prior values so you only see the current falls
• Custom Pivot Settings – Pick your data source (high, close, etc.) and lookback period
• Inline Labels & Data Window – Display fall percentages directly on the chart or in the info panel
• Style Controls – Adjust font size, label position, line styles and colors independently
• Alert Support – Set alerts when either fall exceeds your specified threshold
How to Use:
1. Open the indicator’s Inputs and set “Pivot Lookback” for recent swing detection.
2. Choose your “Source” series (default = high).
3. Toggle “Show Recent Top Fall” and “Show ATH Fall” on or off.
4. Enable “Latest Only” to remove old labels and focus on the newest data.
5. (Optional) In the Create Alert dialog, choose “Fall from Recent Top” or “Fall from ATH” and set your threshold.
Interpretation Guide:
- **Recent Top Fall %** helps gauge short-term retracement strength—ideal for timing entries after pullbacks.
- **ATH Fall %** reveals long-term correction severity, useful for spotting major support zones or oversold conditions.
#TradingView #PineScript #Retracement #ATH #SwingHigh #TechnicalAnalysis
Top Movers RSI StrategyEntry Signal (Buy): The script triggers a buy order when the chosen indicator(s) confirm a bullish trend or oversold condition, indicating a potential upward price movement.
Exit Signal (Sell): The script triggers a sell order when the indicator(s) signal a bearish trend or overbought condition, suggesting the price may decline.
Risk Management: The strategy includes stop-loss and take-profit levels to limit losses and secure profits.
Timeframe: The strategy operates on a chart to capture relevant price action.
Additional Filters: Optional filters like volume confirmation, moving average crossovers, or RSI thresholds can be included to reduce false signals.
