Hiking indicatorThis indicator is designed with a hiking theme, allowing traders to view the market as if they were hiking up and down a mountain.
It focuses purely on trend analysis, avoiding reliance on candlestick patterns.
Entry Points: Marked with 🏃♂️➡️ and should only be traded on the 1-hour timeframe. 🏃♂️➡️🏃♂️➡️🏃♂️➡️
Trading Approach: First, identify the overall trend on higher timeframes, then execute trades on the 1-hour chart.
Once the indicator is added, make sure to move it to the top of your indicator list for proper display.
Color Coding:
Red: Downtrend
Green: Uptrend
Gray: Sideways/Range
When the higher timeframe shows a downtrend, take short positions at 🏃♂️➡️ signals.
When it shows an uptrend, take long positions at 🏃♂️➡️ signals.
Additionally, boxes are drawn at key points, and once a breakout occurs, a 🏃♂️➡️ hiker icon appears to signal the breakout.
週期
Weekend Trap# Weekend Trap Indicator - Advanced Low-Liquidity Range Analysis
## ORIGINALITY & UNIQUE VALUE PROPOSITION
This indicator introduces a **novel approach** to weekend market analysis by combining three distinct methodologies into a single, cohesive system:
1. **Timezone-Specific Range Detection**: Unlike generic weekend indicators, this script uses Australia/Perth timezone (GMT+8) for precise weekend period identification (Saturday 5:00 AM to Monday 5:00 AM), specifically designed for Asia-Pacific trading sessions.
2. **Proprietary PVSRA Implementation**: Features a custom volume analysis engine that extends traditional PVSRA (Price Volume Spread Range Analysis) with weighted volume calculations using the formula: `Volume × (High - Low)` compared against 10-period moving averages and highest weighted volume peaks.
3. **Dynamic Range Cutoff System**: Introduces configurable range update cutoffs (default: Sunday 3:00 PM Perth time) to account for varying institutional re-entry patterns across different markets.
**What Makes This Different**: Existing weekend indicators either focus on simple range detection OR volume analysis. This script uniquely combines both with timezone precision and institutional behavior modeling, creating a comprehensive low-liquidity period analysis tool not available in other publications.
---
## TECHNICAL METHODOLOGY & CALCULATIONS
### Weekend Range Detection Engine
```
Weekend Period: Saturday 5:00 AM → Monday 5:00 AM (Perth Time)
Range Calculation:
- High/Low tracking with wick or body-only options
- Real-time updates until Sunday cutoff hour
- Automatic finalization at Monday 5:00 AM
```
### Advanced PVSRA Volume Analysis
The indicator implements a sophisticated 4-tier volume classification system:
**Volume Thresholds:**
- **200% Bull/Bear**: `volume ≥ (10-period average × 2.0)` OR `weighted_volume ≥ highest_10_period_weighted`
- **150% Bull/Bear**: `volume ≥ (10-period average × 1.5)`
**Weighted Volume Formula:**
```
weighted_volume = current_volume × (high - low)
institutional_signature = weighted_volume ≥ highest(weighted_volume, 10)
```
**Color Classification:**
- 🟢 Lime: 200% Bull volume (Peak institutional buying)
- 🔴 Red: 200% Bear volume (Peak institutional selling)
- 🔵 Blue: 150% Bull volume (Elevated buying pressure)
- 🟣 Fuchsia: 150% Bear volume (Elevated selling pressure)
### Range Analytics Engine
- **Absolute Range**: `weekend_high - weekend_low`
- **Percentage Range**: `((high - low) / low) × 100`
- **Direction Classification**: Based on `((close - open) / open) × 100` with 0.1% threshold
- **50% Midline**: `(weekend_high + weekend_low) / 2` with dynamic updating
---
## INSTITUTIONAL BEHAVIOR MODELING
### Why Weekend Analysis Matters
During weekend periods, institutional trading volume drops by 80-90%, creating:
- **Thin liquidity conditions** where retail sentiment dominates
- **Range-bound behavior** as major institutions are absent
- **Volume spikes** when institutions DO trade (our detection target)
### Market Maker Detection Logic
The indicator identifies institutional activity through:
1. **Volume Anomaly Detection**: Spikes above statistical norms during low-liquidity periods
2. **Price Impact Analysis**: High volume relative to price movement (manipulation signature)
3. **Timing Analysis**: Activity during traditionally quiet periods indicates institutional involvement
---
## COMPREHENSIVE USAGE GUIDE
### Setup Instructions
1. **Timeframe**: Recommended 1H-4H (works on all timeframes)
2. **Markets**: Best on liquid instruments (major FX pairs, crypto, indices)
3. **Lookback Period**: Set 4-52 weeks based on analysis needs
4. **Timezone**: Automatically uses Perth time - no adjustment needed
### Interpretation Framework
**Range Analysis:**
- **Tight Ranges** (<0.5%): Expect Monday breakout potential
- **Wide Ranges** (>2.0%): Indicates weekend volatility/news impact
- **50% Line**: Key support/resistance for Monday open
**Volume Signals:**
- **200% Markers**: Major institutional activity - expect follow-through
- **150% Markers**: Moderate institutional interest - monitor for continuation
- **Clustering**: Multiple markers suggest sustained institutional involvement
- **Absence**: Pure retail weekend - ranges likely to hold
**Pattern Recognition:**
- **Expanding Ranges**: Increasing weekend volatility (trend change signal)
- **Contracting Ranges**: Decreasing volatility (consolidation/breakout setup)
- **Direction Bias**: Weekend direction often reverses on Monday open
### Trading Applications
1. **Gap Trading**: Weekend ranges help predict Monday gap fills
2. **Breakout Trading**: Range boundaries become key levels for Monday
3. **Institutional Following**: 200% volume signals indicate smart money direction
4. **Risk Management**: Range size helps determine appropriate position sizing
---
## ALERT SYSTEM & AUTOMATION
**Built-in Alerts:**
- Weekend Trap Start: Automated detection of Saturday 5:00 AM Perth
- Weekend Trap End: Monday 5:00 AM Perth confirmation
- Market Maker Activity: Real-time 150%+ volume detection
**Real-time Features:**
- Live weekend range updates with current direction
- Dynamic 50% line adjustment
- Progressive range statistics display
### Real-Time Weekend Tracking in Action
---
## PERFORMANCE & OPTIMIZATION
### Object Management System
- **Dynamic Limits**: Automatic cleanup based on selected lookback period
- **Memory Efficiency**: Objects created only within backtest range
- **Performance Scaling**: Handles 1-52 week analysis without lag
### Visual Optimization
- **Clean Display**: Configurable elements prevent chart clutter
- **Color Coding**: Intuitive PVSRA color scheme for quick recognition
- **Scalable Markers**: Adjustable sizes for different screen resolutions
---
## EDUCATIONAL VALUE & MARKET CONCEPTS
This indicator teaches traders about:
- **Market Microstructure**: How liquidity affects price behavior
- **Institutional vs Retail**: Identifying professional trading patterns
- **Weekend Market Dynamics**: Understanding low-liquidity period characteristics
- **Volume Analysis**: Advanced PVSRA methodology for market maker detection
**Research Applications:**
- Historical weekend volatility analysis
- Institutional activity pattern recognition
- Cross-market liquidity comparison
- Weekend gap prediction modeling
---
## DISCLAIMER & EDUCATIONAL PURPOSE
This indicator is designed for educational analysis of market microstructure during low-liquidity periods. The PVSRA methodology is adapted from institutional trading analysis techniques and should be used in conjunction with proper risk management and market analysis.
**Not Financial Advice**: All signals and analysis are for educational purposes only.
Time Intervals [signBTC]This script is designed to visualize 6 auxiliary time intervals on the chart near the time axis. Each of these intervals can be configured by the user with the following options:
Interval duration: Any duration can be set (for example, 1 hour, 2 hours, 4 hours, etc.).
Interval color: Each time block can have its own color for better visual distinction.
Label: Users can add a custom label for each of the 6 intervals to indicate its purpose or highlight important features.
In the default configuration, the script automatically draws 6 equal four-hour intervals for each trading day, dividing each daily trading session into six parts—two for each of the three standard market sessions, or three per each of two major sessions (if considering only regular daytime and extended overnight trading).
This tool is particularly useful for traders who want to quickly navigate different time areas of the trading day, monitor individual parts of a session, or highlight specific time windows for strategy analysis. All script parameters (interval, color, and label for each block) are easily adjustable in the indicator's settings.
Quantum Tick Flow# Quantum Tick Flow (QTF) - Advanced Momentum Oscillator
**Author: profitgang**
## Overview
The Quantum Tick Flow indicator is a sophisticated momentum oscillator that analyzes tick-by-tick price movements using proprietary algorithms. Unlike traditional oscillators, QTF combines multiple innovative approaches to identify high-probability entry and exit points while filtering out market noise.
## Key Features
### 🔬 **Tick Velocity Analysis**
- Uses fractional power scaling (0.7 exponent) combined with volume weighting
- Creates non-linear response to price changes for enhanced sensitivity to meaningful moves
- Differentiates between genuine momentum and random price fluctuations
### ⚡ **Adaptive Threshold System**
- Dynamic thresholds that automatically adjust to current market volatility
- Uses ATR-based scaling to maintain consistent signal quality across different market conditions
- Prevents over-trading in low volatility and under-trading in high volatility environments
### 🌊 **Flow Pressure Index**
- Proprietary calculation measuring upward vs downward market pressure
- Analyzes cumulative tick velocity to gauge underlying market sentiment
- Provides early warning signals for potential trend reversals
### 🎯 **Anti-Noise Filtering**
- Multi-condition verification system reduces false signals
- Incorporates momentum convergence analysis
- Filters out choppy market conditions automatically
## How It Works
The indicator operates on several layers:
1. **Fast and Slow Flow Analysis**: Calculates exponential moving averages of tick velocity at different timeframes
2. **Flow Differential**: Measures the difference between fast and slow flows to identify momentum shifts
3. **Pressure Calculation**: Evaluates the ratio of bullish vs bearish pressure over specified periods
4. **Convergence Oscillator**: Uses mathematical approximation functions to create bounded, smooth signals
## Signal Generation
- **BUY Signals**: Generated when flow momentum is positive, pressure ratio exceeds 1.2, and oscillator is rising above adaptive thresholds
- **SELL Signals**: Triggered when flow momentum turns negative, pressure drops below 0.8, and oscillator falls below negative thresholds
## Visual Elements
- **Main Oscillator Line**: Primary signal line with color-coded momentum
- **Dynamic Threshold Lines**: Automatically adjusting support/resistance levels
- **Flow Zones**: Background coloring indicating bullish/bearish market conditions
- **Information Table**: Real-time statistics including current signal, flow value, momentum direction, and volatility metrics
## Settings
- **Fast Tick Period** (3-50): Controls sensitivity of short-term analysis
- **Slow Tick Period** (10-100): Sets baseline for longer-term trend detection
- **Momentum Convergence Period** (5-50): Defines momentum calculation timeframe
- **Flow Sensitivity** (0.5-5.0): Adjusts overall indicator responsiveness
- **Noise Filter** (0.1-1.0): Controls signal filtering strength
## Best Practices
1. Use in conjunction with trend analysis tools for confirmation
2. Higher timeframes generally produce more reliable signals
3. Adjust sensitivity based on asset volatility and trading style
4. Monitor the pressure index for early trend change warnings
5. Consider market context when interpreting signals
## Unique Advantages
- **No Repainting**: All calculations are based on confirmed price data
- **Multi-Dimensional Analysis**: Combines price, volume, and momentum in novel ways
- **Adaptive Nature**: Automatically adjusts to changing market conditions
- **Low Latency**: Responds quickly to genuine market moves while filtering noise
## Disclaimer
This indicator is for educational and informational purposes only. Past performance does not guarantee future results. Always conduct your own analysis and consider risk management before making trading decisions.
---
*Developed by profitgang - For questions and updates, follow on TradingView*
**License**: This script is open source under Mozilla Public License 2.0. Feel free to use and modify for personal trading, but please credit the original author.
ICT Liquidity Pools SSL BSLParent Swings - ICT Liquidity Pools (BSL & SSL)
This indicator is designed to cut through the noise of the market and identify truly significant swing points. Instead of marking every minor high and low, it uses the powerful logic of ICT (Inner Circle Trader) breaker patterns to validate and draw only the "Parent Swings" that matter. These are the key liquidity pools that often act as the market's next target.
The Concept: Price Moves from Pool to Pool
A core concept taught by ICT is that price doesn't move randomly; it moves with purpose. The market is engineered to move from one pool of liquidity to the next.
Buy Side Liquidity (BSL): This is a pool of stop-loss orders resting just above a significant swing high. The market is often drawn upwards to "sweep" this liquidity.
Sell Side Liquidity (SSL): This is a pool of stop-loss orders resting just below a significant swing low. The market is often drawn downwards to sweep this liquidity.
This indicator identifies these key BSL and SSL levels after they have been confirmed by a shift in market structure, giving you a clear map of potential targets.
How It Works
The indicator doesn't just look for any swing high or low. It waits for a specific sequence of events to confirm that a swing is a "Parent Swing" and a valid liquidity pool:
Liquidity Sweep: First, it looks for a classic liquidity raid. For a significant high (BSL), it needs to see a swing high get taken out by a higher high. For a significant low (SSL), it needs to see a swing low get taken out by a lower low.
Market Structure Shift (MSS): After the liquidity sweep, the indicator waits for confirmation that the market's intention has changed. This happens when price breaks aggressively in the opposite direction, creating a breaker block pattern.
Confirmation: Only when both the liquidity sweep and the market structure shift are confirmed does the indicator draw the line, marking the swing as a valid BSL or SSL level.
How to Use This Indicator
The primary use for this indicator is to identify targets. Once a BSL (red line) or SSL (green line) is established, you can anticipate that the market will eventually make a run for that level.
If you are in a long position, the next BSL line above you can serve as a logical take-profit target.
If you are in a short position, the next SSL line below you can serve as a logical take-profit target.
The labels (BSL/SSL) will always stay with the current price action for active levels, making it easy to see your targets at a glance.
Settings
Pivot Lookback: Controls the sensitivity of the swing detection. A higher number will find larger, more significant liquidity pools.
Invalidation Threshold (Crossings): This is a key feature. It sets how many times the price must cross through a liquidity level before it's considered "used up" or invalidated. Once invalidated, the line will dim and the label will disappear, keeping your chart clean.
Disclaimer: This is a tool for technical analysis and should not be considered financial advice. Always use proper risk management and integrate this indicator with your own trading strategy.
Ratio-Adjusted McClellan Summation Index RASI NASIRatio-Adjusted McClellan Summation Index (RASI NASI)
In Book "The Complete Guide to Market Breadth Indicators" Author Gregory L. Morris states
"It is the author’s opinion that the McClellan indicators, and in particular, the McClellan Summation Index, is the single best breadth indicator available. If you had to pick just one, this would be it."
What It Does: The Ratio-Adjusted McClellan Summation Index (RASI) is a market breadth indicator that tracks the cumulative strength of advancing versus declining issues for a user-selected exchange (NASDAQ, NYSE, or AMEX). Derived from the McClellan Oscillator, it calculates ratio-adjusted net advances, applies 19-day and 39-day EMAs, and sums the oscillator values to produce the RASI. This indicator helps traders assess market health, identify bullish or bearish trends, and detect potential reversals through divergences.
Key features:
Exchange Selection : Choose NASDAQ (USI:ADVN.NQ, USI:DECL.NQ), NYSE (USI:ADVN.NY, USI:DECL.NY), or AMEX (USI:ADVN.AM, USI:DECL.AM) data.
Trend-Based Coloring : RASI line displays user-defined colors (default: black for uptrend, red for downtrend) based on its direction.
Customizable Moving Average: Add a moving average (SMA, EMA, WMA, VWMA, or RMA) with user-defined length and color (default: EMA, 21, green).
Neutral Line at Zero: Marks the neutral level for trend interpretation.
Alerts: Six custom alert conditions for trend changes, MA crosses, and zero-line crosses.
How to Use
Add to Chart: Apply the indicator to any TradingView chart. Ensure access to advancing and declining issues data for the selected exchange.
Select Exchange: Choose NASDAQ, NYSE, or AMEX in the input settings.
Customize Settings: Adjust EMA lengths, RASI colors, MA type, length, and color to match your trading style.
Interpret the Indicator :
RASI Line: Black (default) indicates an uptrend (RASI rising); red indicates a downtrend (RASI falling).
Above Zero: Suggests bullish market breadth (more advancing issues).
Below Zero : Indicates bearish breadth (more declining issues).
MA Crosses: RASI crossing above its MA signals bullish momentum; crossing below signals bearish momentum.
Divergences: Compare RASI with the market index (e.g., NASDAQ Composite) to identify potential reversals.
Large Moves : A +3,600-point move from a low (e.g., -1,550 to +1,950) may signal a significant bull run.
Set Alerts:
Add the indicator to your chart, open the TradingView alert panel, and select from six conditions (see Alerts section).
Configure notifications (e.g., email, webhook, or popup) for each condition.
Settings
Market Selection:
Exchange: Select NASDAQ, NYSE, or AMEX for advancing/declining issues data.
EMA Settings:
19-day EMA Length: Period for the shorter EMA (default: 19).
39-day EMA Length: Period for the longer EMA (default: 39).
RASI Settings:
RASI Uptrend Color: Color for rising RASI (default: black).
RASI Downtrend Color: Color for falling RASI (default: red).
RASI MA Settings:
MA Type: Choose SMA, EMA, WMA, VWMA, or RMA (default: EMA).
MA Length: Set the MA period (default: 21).
MA Color: Color for the MA line (default: green).
Alerts
The indicator uses alertcondition() to create custom alerts. Available conditions:
RASI Trend Up: RASI starts rising (based on RASI > previous RASI, shown as black line).
RASI Trend Down: RASI starts falling (based on RASI ≤ previous RASI, shown as red line).
RASI Above MA: RASI crosses above its moving average.
RASI Below MA: RASI crosses below its moving average.
RASI Bullish: RASI crosses above zero (bullish market breadth).
RASI Bearish: RASI crosses below zero (bearish market breadth).
To set alerts, add the indicator to your chart, open the TradingView alert panel, and select the desired condition.
Notes
Data Requirements: Requires access to advancing/declining issues data (e.g., USI:ADVN.NQ, USI:DECL.NQ for NASDAQ). Some symbols may require a TradingView premium subscription.
Limitations: RASI is a medium- to long-term indicator and may lag in volatile or range-bound markets. Use alongside other technical tools for confirmation.
Data Reliability : Verify the selected exchange’s data accuracy, as inconsistencies can affect results.
Debugging: If no data appears, check symbol validity (e.g., try $ADVN/Q, $DECN/Q for NASDAQ) or contact TradingView support.
Credits
Based on the Ratio-Adjusted McClellan Summation Index methodology by McClellan Financial Publications. No external code was used; the implementation is original, inspired by standard market breadth concepts.
Disclaimer
This indicator is for informational purposes only and does not constitute financial advice. Past performance is not indicative of future results. Conduct your own research and combine with other tools for informed trading decisions.
Smart Money Index Intraday (by CapitalCore)This indicator identifies imbalance zones (Fair Value Gaps) — key levels where price demonstrates significant gaps between supply and demand. It is designed for intraday trading and helps determine precise entry levels, as well as stop-loss and take-profit levels.
Key Features:
Automatic identification of bullish and bearish imbalances based on gap analysis in candle extremes
Volume-based signal filtering for improved accuracy (with customizable on/off parameters)
Display of specific entry levels (long entry / short entry) with price
Calculation and visualization of stop-loss and take-profit levels with customizable stop size
Integration with TradingView alert system for timely trading signal notifications
Compact indicator display directly on the chart without overlapping candles — histogram below the chart
Target Audience: The indicator is suitable for traders working on intraday timeframes (1m, 5m, 15m) who want to improve entry precision using Smart Money zones and volume filters.
Patrón Mecha ProfundaThis pattern must be combined with a 20-period moving average. It is used to know the direction of the price. When the pattern appears and the price is above the 20-period moving average, it is a bullish signal and vice versa.
Apertura de Franckfurt, Londres, vertical/punteadaThis indicator draws customizable vertical lines on the chart to mark two specific local times (default 8:00 AM and 9:00 AM).
Easily adjust the UTC offset to fit any time zone.
Configure the times in 24-hour format for precise customization.
Lines are drawn directly on the chart, visually highlighting key market openings or daily events.
Each line's color is fully customizable via the settings panel.
Lines use a dotted style for clear yet unobtrusive visualization.
Ideal for traders who want to mark market opens or important time-based events across different time zones.
Peak & Valley Screener RadarThis Pine Script indicator is designed to help traders and investors analyze the percentage distance of stock prices from their recent All-Time High (ATH) and All-Time Low (ALH) over a user-defined number of bars.
It functions as a multi-stock screener, scanning a customizable list of stocks (default: 40 BIST 500 stocks) and displaying results in a dynamic table on the chart.
The script identifies stocks that have pulled back more than a specified percentage from their ATH (potential buying opportunities) or risen less than a specified percentage from their ALH (potential caution zones).
Key Features:
Customizable Stock List: Users can input a comma-separated list of stock tickers (e.g., "AAPL,GOOGL,MSFT") to scan any symbols available on TradingView.
User-Defined Parameters: Adjust the lookback period (bars back, default 250), ATH pullback threshold (default 10%), and ALH rise threshold (default 10%).
Dynamic Table Display: Results are shown in a table with two columns: "Distance to TOP" (ATH pullbacks in red) and "Distance to BOTTOM" (ALH rises in green). The table includes input parameters for quick reference and can be positioned anywhere on the chart (top/bottom left/center/right).
Optional Plots: Toggle plots to visualize the percentage distances for the current chart symbol (red for ATH, green for ALH).
Efficient Data Handling: Uses request.security with tuples for optimized multi-symbol data fetching, supporting up to ~80 stocks without exceeding Pine Script limits (adjust table rows if needed for more).
Real-Time Updates: The table updates only on the last bar for performance efficiency.
How It Works:
The script calculates the highest high and lowest low over the specified bars for each stock.
It computes the percentage difference from the current close: negative for ATH (pullback) and positive for ALH (rise).
Stocks meeting the thresholds are listed in the table with their exact percentages.
Usage Tips:
Apply this indicator to any chart (e.g., a BIST index or stock) to run the screener in the background.
Ideal for swing traders scanning for undervalued stocks near ATH or overbought near ALH.
Note: Performance may vary with large stock lists due to TradingView's security call limits (~40-50 calls per script). Test with smaller lists if needed.
You can bypass the 40-stock limit by adding the indicator twice to the chart, entering 40 different stocks in the second indicator and setting a different table position from the first one, allowing you to scan 80 stocks simultaneously. In fact, this way, you can scan as many stocks as your plan's limits allow.
This script is released under the Mozilla Public License 2.0. Feedback and suggestions are welcome, but please adhere to TradingView's House Rules—no guarantees of profitability, use at your own risk.Disclaimer: This is not financial advice. Past performance does not predict future results. Always conduct your own research.
Patrón Mecha Profunda
This pattern must be combined with a 20-period moving average. It is used to know the direction of the price. When the pattern appears and the price is above the 20-period moving average, it is a bullish signal and vice versa.
above or below closing after previous candel trend Strategy Explanation: "Show Green Arrow Below Candle After Red Arrow Above Candle"
This indicator highlights specific trading conditions on a chart using red and green arrows based on the relationship between a candle's closing price and the previous candle's high and low. Its primary purpose is to provide visual cues for potential reversal points or trend continuation opportunities without redundancy (avoiding consecutive signals).
How the Indicator Works:
Red Arrow (Above the Candle):
A red downward arrow is plotted above a candle when the current candle closes below the previous candle's low.
The red arrow signals a potential bearish movement or downward breakout, indicating weakness in price action.
Green Arrow (Below the Candle):
A green upward arrow is plotted below a candle when the current candle closes above the previous candle's high.
However, a green arrow only appears after a red arrow, indicating a potential bullish reversal or upward breakout following bearish price action.
Avoiding Redundant Signals:
The script ensures that there are no consecutive signals of the same color:
No consecutive green arrows are displayed even if multiple candles close above their respective highs.
No consecutive red arrows are displayed even if multiple candles close below their respective lows.
This prevents unnecessary clutter on the chart and focuses solely on transitions from bearish to bullish signals.
Trading Interpretation:
Red Arrows (Bearish Signal):
A red arrow indicates a bearish sentiment, as the current candle closes below the previous low. This may indicate a potential area to:
Initiate a short position if it aligns with your trading strategy.
Exercise caution and wait for the next signal if you’re already holding a long position.
Green Arrows (Bullish Reversal):
A green arrow signals bullish strength, as the current candle closes above the previous high, but only after price has shown bearish weakness (i.e., a red arrow). This may be a good area to:
Initiate a long position if it aligns with your strategy.
Look for signs of trend reversal or upside confirmation.
Scenarios to Use This Indicator:
This indicator fits well when trying to identify key moments of trend reversals or significant breakout levels. For instance:
Trend Reversal:
A red arrow may indicate the start of bearish momentum.
The first green arrow after the red arrow might signal a reversal from bearish to bullish momentum.
Consolidation and Breakout:
This indicator can help identify situations where price closes decisively above or below key points (previous highs/lows), which can suggest either breakout trades or fakeout signals depending on market reaction.
When NOT to Use This Indicator:
In highly choppy or ranging markets, where price action constantly oscillates above and below the previous high or low without establishing a clear trend. This can lead to false signals and poor trade setups because the market lacks a directional bias.
Best Practices:
Combine with Other Indicators:
Use this indicator in combination with trend-following indicators like Moving Averages, RSI (Relative Strength Index), or Bollinger Bands for confirmation.
Pair it with support and resistance levels to identify high-probability entries.
Adjust to Your Trading Style:
Day Traders: Use this on smaller timeframes (e.g., 5-minute, 15-minute).
Swing Traders: Use this on higher timeframes for stronger signals (e.g., hourly, daily).
Risk Management:
Always set stop-loss levels based on recent highs/lows or volatility metrics.
Position size appropriately to manage risk for potential false signals.
Summary of the Indicator Logic:
Plots red arrows above candles when:
The candle closes below the previous candle’s low.
Plots green arrows below candles when:
The candle closes above the previous candle’s high.
Only after a red arrow has appeared (no redundant green arrows).
Ensures no consecutive red or green arrows, focusing only on signal transitions (red → green).
This indicator helps traders identify potential trend changes and breakout points without cluttering the chart with excessive signals, making it a clean and straightforward addition to any trading strategy.
Hossa + Fear & Greed Combo [by Adi]This analytical tool combines two market assessment methods:
1. Bull Market — analysis of a potential “bull market” phase (growth and euphoria phase) and the risk of its end or the emergence of a speculative bubble.
2. Fear & Greed Index — a market sentiment indicator based on RSI and volume, showing levels of extreme fear or greed.
The script displays signals, chart backgrounds, information panels, and generates alerts for important market situations.
Details of each part
1. Input Parameters
• Bull Market:
o h_rsiLength — RSI length (default 14).
o h_rsiOverbought — RSI overbought level (default 70).
o h_maLength — moving average (MA) length (default 20).
o h_volLookback — volume average lookback period (10).
o h_bubbleMult — volume multiplier to detect a bubble (1.5).
o h_accelLookback — lookback period for price acceleration detection (5).
o Options to show signals, background, panel, and trend strength bar.
• Fear & Greed:
o fg_rsiLength — RSI length (14).
o fg_volLength — volume average length (20).
o Option to show colored background.
2. Bull Market Calculations
• RSI based on closing price.
• MA based on closing price.
• Average volume.
• Price acceleration (percentage price change relative to 5 bars ago).
Based on these, phases are defined as:
• Euphoria: RSI > 70 and price > MA — strong growth, potential bull market.
• Risk zone: RSI > 70 but price below MA and declining volume — possible bull market end.
• Speculative bubble: rapid price increase (>10% in 5 bars) and high volume (>1.5x average) — risk of a “bubble.”
The script also calculates how many days the current bull market has lasted and estimates the average length of previous euphoria phases and the probability of its end.
3. Bull Market Visualization
• Colored backgrounds on the chart: orange (euphoria), red (risk), purple (bubble).
• Chart markers (triangles) indicating risk of bull market end and bubble.
• Text panel showing current market state (phase, duration, average bull market length, probability, and estimated time to end).
• Histogram bar showing trend strength (orange, red, purple, or gray).
4. Bull Market Alerts
• Alert for possible bull market end.
• Alert for detected speculative bubble.
• Alert for exiting the euphoria phase.
5. Fear & Greed Calculations
• Calculation of RSI and volume (relative to average) to derive the market sentiment index.
• Index normalized to range 0–100, where:
o <25 = extreme fear,
o 25–75 = neutral,
o 75 = extreme greed.
6. Fear & Greed Visualization
• Colored background (red for fear, green for greed).
• Histogram of the index with horizontal lines at 25, 50, and 75.
• Alerts for extreme values (fear <25, greed >75).
Summary
The script allows comprehensive market analysis combining:
• Technical assessment of upward trends and possible turning points (bull market, bubble, risk of bull market end).
• Psychological evaluation of investor sentiment (Fear & Greed Index).
This helps traders gain a clearer picture of whether the market is in euphoria or approaching a correction or crash.
The script works best on the daily timeframe (1D).
NY Session Open Levels This indicator automatically draws horizontal lines at the opening prices of the New York trading session at 08:30, 09:30, and 10:00 AM NY time. Each line is labeled and extended to the right, providing clear reference points for key intraday levels. The lines and labels reset daily and are ideal for identifying reaction zones during the early U.S. trading hours.
NY Session Open Levels mit LabelsThis indicator automatically draws horizontal lines at the opening prices of the New York trading session at 08:30, 09:30, and 10:00 AM NY time. Each line is labeled and extended to the right, providing clear reference points for key intraday levels. The lines and labels reset daily and are ideal for identifying reaction zones during the early U.S. trading hours.
TotM - BTC Price Momentum (30-day)🇬🇧 ENGLISH VERSION
A simple and effective 30-day momentum indicator for Bitcoin.
This indicator calculates the 30-day price momentum of Bitcoin, expressed as a percentage change from the closing price 30 bars ago. It's a lightweight and visual tool to assess short-term strength or overheating of price movements.
🟦 Blue = positive momentum
🔴 Red = overheated (> +40%)
⚫ Gray = negative momentum
Reference lines at 0% and 40% mark equilibrium and overbought zones.
Feel free to customize it for other assets or timeframes.
For educational use only – not financial advice.
FLD Area - Future Lines of Demarcation by Nibbio996FLD Area v12 - Future Lines of Demarcation
Overview
Advanced FLD (Future Lines of Demarcation) indicator with area visualization for cycle analysis. Projects price levels into the future by half the cycle period, displaying high, low, and median as colored areas.
What are FLDs?
Future Lines of Demarcation are price levels shifted forward in time by approximately half the cycle wavelength. Used in cycle analysis to identify potential support/resistance levels and trend changes.
Key Features
Area visualization between high/low FLD lines with customizable colors
Three bands: Upper, Lower, and Total area with independent transparency
Dynamic labels: Customizable text with period display
Status line integration showing real-time FLD values
Flexible display options: Toggle individual lines, labels, and info displays
Parameters
Period: Cycle length (default: 40)
Colors: Customizable for main, upper, and lower areas
Transparency: Adjustable area opacity (0-100)
Labels: Toggle and customize indicator identification
Display Options: Individual lines, status info, top labels
Usage
Set Period based on your cycle analysis
Customize colors and transparency for chart clarity
Configure labels for identification
Analyze where price interacts with projected FLD areas
Applications
Cycle turning point identification
Dynamic support/resistance levels
Trend analysis with FLD projections
Multi-timeframe cycle analysis
FLD Area v12 by Nibbio996
Pine Script v5 | Overlay Indicator
For educational purposes. Use proper risk management.
Simple Trading ChecklistCustomisable Simple Trading Checklist
This script overlays a fully customizable trading checklist directly onto your chart, providing an at-a-glance reminder of key trading steps and conditions before entering a position.
It is especially useful for discretionary or rule-based traders who want a consistent on-screen process to follow.
KairosAlgo V2 [Alpha]- Indicator Name: "Kairos Algo V2 (Alpha)"
- Type: "Indicator"
- Language: Pine Script v6
RSI Z‑Score + TableRSI Z-Score + Table
This script calculates the Z-Score of the RSI (Relative Strength Index), which standardizes RSI based on its own recent history.
What It Shows:
RSI Z-Score = (Current RSI - Mean RSI) / Standard Deviation
This tells you how extreme the current RSI is compared to its historical values.
A table displays:
Current RSI
Rolling Mean
RSI Z-Score
How to Use:
Z-Score > +2 = Statistically overbought
Z-Score < -2 = Statistically oversold
Use it to time reversals or overextension in RSI behavior.
🔒 Based on rolling lookback window — fully customizable.
Author:
Tags: #RSI #ZScore #Momentum #StatisticalEdge #MeanReversion #Crypto