Opening Range Breakout (ORB) with Fib RetracementOverview
“ORB with Fib Retracement” is a Pine Script indicator that anchors a full Fibonacci framework to the first minutes of the trading day (the opening-range breakout, or ORB).
After the ORB window closes the script:
Locks-in that session’s high and low.
Calculates a complete ladder of Fibonacci retracement levels between them (0 → 100 %).
Projects symmetric extension levels above and below the range (±1.618, ±2.618, ±3.618, ±4.618 by default).
Sub-divides every extension slice with additional 23.6 %, 38.2 %, 50 %, 61.8 % and 78.6 % mid-lines so each “zone” has its own inner fib grid.
Plots the whole structure and—optionally—extends every line into the future for ongoing reference.
**Session time / timezone** – Defines the ORB window (defaults 09:30–09:45 EST).
**Show All Fib Levels** – Toggles every retracement and extension line on or off.
**Show Extended Lines** – Draws dotted, extend-right projections of every level.
**Color group** – Assigns colors to buy-side (green), sell-side (red), and internal fibs (gray).
**Extension value inputs** – Allows custom +/- 1.618 to 4.618 fib levels for personalized projection zones.
週期
Previous 2 Days High/LowCan you give me a summary of this indicator
The "Previous 2 Days High/Low" indicator, written in Pine Script v5 for TradingView, plots horizontal lines representing the combined high and low prices of the previous two trading days on a chart. Here's a summary of its functionality, purpose, and key features:
Purpose
The indicator helps traders identify significant price levels by displaying the highest high and lowest low from the previous two days, which can act as potential support or resistance levels. These levels are plotted as lines that extend across the current trading day, making it easier to visualize key price zones for trading decisions.
Key Features
Calculates Combined High and Low:
Retrieves the high and low prices of the previous day and the day before using request.security on the daily timeframe ("D").
Computes the combined high as the maximum of the two days' highs and the combined low as the minimum of the two days' lows.
Dynamic Line Plotting:
Draws two horizontal lines:
Red Line: Represents the combined high, plotted at the highest price of the previous two days.
Green Line: Represents the combined low, plotted at the lowest price of the previous two days.
Lines are created at the start of a new trading day and extended to the right edge of the chart using line.set_x2, ensuring they span the entire current day.
Labels for Clarity:
Adds labels to the right of the chart, displaying the exact price values of the combined high ("Combined High: ") and combined low ("Combined Low: ").
Labels are updated to move with the lines, maintaining alignment at the current bar.
Clutter Prevention:
Deletes old lines and labels at the start of each new trading day to avoid overlapping or excessive objects on the chart.
Dynamic Requests:
Uses dynamic_requests=true in the indicator() function to allow request.security calls within conditional blocks (if ta.change(time("D"))), enabling daily data retrieval within the script's logic.
First Candle🕯️ First Candle Indicator (First 5-Minute Candle High/Low)
The First Candle indicator automatically marks the high and low of the first 5-minute candle of the U.S. trading session . These levels can act as key intraday support and resistance zones, often used in breakout, scalping, or opening-range trading strategies.
📌 Key Features:
Automatic detection of the first candle of the U.S. session based on the selected timeframe (default is 5 minutes).
Horizontal lines are plotted at the high and low of that candle, with fully customizable colors and thickness.
Labels show the exact level and timeframe used for the high and low.
Resets daily, removing previous session data at the start of a new session.
Displays a visual marker (blue triangle) when the first candle is detected.
Allows users to select different timeframes for defining the "first candle" (e.g., 1, 5, 15 minutes).
⚙️ Customizable Inputs:
Show First Candle Lines: toggle the display of high/low lines.
Timeframe for Marking: choose the timeframe to detect the first candle (e.g., 5 minutes).
High Line Color / Low Line Color: set the color of each level line.
Line Thickness: adjust the width of the lines (1 to 5 pixels).
🧠 Strategic Applications:
Identify breakout zones right after the market opens.
Define opening range for pullback or continuation setups.
Set clear reference levels for intraday trading decisions.
LANZ Strategy 1.0🔷 LANZ Strategy 1.0 — Session-Based Directional Logic with Visual Multi-Account Risk Management
LANZ Strategy 1.0 is a structured and disciplined trading strategy designed for the 1-hour timeframe, operating during the NY session and executing trades overnight. It uses the directional behavior between 08:00 and 18:00 New York time to define precise limit entries for the following night. Ideal for traders who prefer time-based execution, clear visuals, and professional risk management across multiple accounts.
🧠 Core Components:
1. Session Direction Confirmation:
At 18:00 NY, the system evaluates the market direction by comparing the open at 08:00 vs the close at 18:00:
If the direction matches the previous day, it is reversed.
If it differs, the current day’s direction is kept.
This logic is designed to avoid trend exhaustion and favor potential reversal opportunities.
2. EP Level & Risk Definition:
Once direction is defined:
For BUY, EP is set at the Low of the session.
For SELL, EP is set at the High of the session.
The system automatically plots:
SL fixed at 18 pips from EP
TP at 3.00× the risk → 54 pips from EP
All levels (EP, SL, TP) are shown with visual lines and price labels.
3. Time-Restricted Entry Execution:
The entry is only valid if price touches the EP between 19:00 and 08:00 NY.
If EP is not touched before 08:00 NY, the trade is automatically cancelled.
4. Multi-Account Lot Sizing:
Traders can configure up to five different accounts, each with its own capital and risk percentage.
The system calculates and displays the lot size per account, based on SL distance and pip value, in a dynamic floating label.
5. Outcome Tracking:
If TP is hit, a +3.00% profit label is displayed along with a congratulatory alert.
If SL is hit, a -1.00% label appears with a loss alert.
If the trade is still open by 09:00 NY, it is manually closed, and the result is shown as a percentage of the initial risk.
📊 Visual Features:
Custom-colored angle and guide lines.
Dynamic angle line starts at 08:00 NY and tracks price until 18:00.
Shaded backgrounds for key time zones (e.g., 08:00, 18:00, 19:00).
BUY/SELL signals shown at 19:00 based on match/divergence logic.
Label panel showing risk metrics and lot size for each active account.
⚙️ How It Works:
08:00 NY: Marks the session open and initiates a dynamic angle line.
18:00 NY: Evaluates the session direction and calculates EP/SL/TP based on outcome.
19:00 NY: Activates limit order monitoring.
During the night (until 08:00 NY): If EP is touched, the trade is triggered.
At 08:00 NY: If no touch occurred, trade is cancelled.
Overnight: TP/SL logic is enforced, showing percentage outcomes.
At 09:00 NY: If still open, trade is closed manually and result is labeled visually.
🔔 Alerts:
🚀 EP execution alert when touched
💢 Stop Loss hit alert
⚡ Take Profit hit alert
✅ Manual close at 09:00 NY with performance result
🔔 Daily reminder at 19:00 NY to configure and prepare the trade
📝 Notes:
Strategy is exclusive to the 1-hour timeframe.
Works best on assets with clean NY session movement.
Perfect for structured, semi-automated swing/overnight trading styles.
Fully visual, self-explanatory, and backtest-friendly.
👨💻 Credits:
Developed by LANZ
A strategy created with precision, discipline, and a vision for traders who value time-based entries, clean execution logic, and visual confidence on the chart.
Special thanks to Kairos — your AI assistant — for the detailed structure, scripting, and documentation of the strategy.
Price-EMA Z-Score Backgroundhe “Price‑to‑EMA Z‑Score Background” indicator is designed to give you a clear, visual sense of when price has moved unusually far away from its smoothed trend, and to highlight those moments as potential overextension or mean‑reversion opportunities. Under the hood, it first computes a standard exponential moving average (EMA) of your chosen lookback length, then measures the raw difference between the current close and that EMA on every bar. To make that raw deviation comparable across different markets and timeframes, it converts the series of differences into a z‑score—subtracting the rolling mean of the deviations and dividing by their rolling standard deviation over a second lookback window.
Once you’ve normalized price‑to‑EMA distance into z‑score units, you can set two simple trigger levels: one upper threshold and one lower threshold. Whenever the z‑score climbs above the upper threshold, the chart background glows green, signaling that price is extended far above its EMA (and might be ripe for a pullback). Whenever the z‑score falls below the lower threshold, the background turns red, calling out an equally extreme move below the EMA (and a possible oversold bounce). Between those bands, no shading appears, letting you know price is trading within its “normal” range around the trend.
By adjusting the EMA period, the z‑score lookback, and the two trigger levels, you can dial in early warning signals (e.g. ±1 σ) or wait for very stretched moves (±2 σ or more). Used in concert with your favorite momentum or pattern tools—or even as a standalone visual cue—this simple background‑shading approach makes it easy to spot when a market is running too hot or too cold relative to its own recent average.
Yield Curve Regime Shading with LegendTakes two symbols (e.g. two futures contracts, two FX pairs, etc.) as inputs.
Calculates the “regime” as the sign of the change in their difference over an n‑period lookback.
Lets you choose whether you want to color the bars themselves or shade the background.
How it works
Inputs
symbolA, symbolB: the two tickers you’re comparing.
n: lookback in bars to measure the change in the spread.
mode: pick between “Shading” or “Candle Color”.
Data fetching
We use request.security() to pull each series at the chart’s timeframe.
Regime calculation
spread = priceA – priceB
spreadPrev = ta.valuewhen(not na(spread), spread , 0) (i.e. the spread n bars ago)
If spread > spreadPrev → bullish regime
If spread < spreadPrev → bearish regime
Plotting
Shading: apply bgcolor() in green/red.
Candle Color: use barcolor() to override the bar color.
BTC Transaction Indicator Name: "Bitcoin On-Chain Volume & Dynamic Parabolic Curve Signals"
Purpose:
This indicator is designed for Bitcoin traders and long-term holders. It combines the analysis of Bitcoin's on-chain transaction volume with price action to generate "Whale" and "Bear" signals. Additionally, it features a unique dynamic parabolic curve that acts as a visual support line, adapting its visibility based on price interaction with a key Exponential Moving Average (EMA).
Key Components:
On-Chain Volume Analysis:
Utilizes Estimated Transaction Volume (ETRAV) data from the Bitcoin blockchain.
Calculates fast and slow Simple Moving Averages (SMAs) of this volume.
Identifies volume trends (up/down) and significant volume increases/decreases.
Employs fixed thresholds (2,500,000 for low volume and 25,000,000 for high volume) to define key activity levels, similar to how historical on-chain analysis defined accumulation and distribution zones.
Price Action Analysis:
Calculates fast and slow SMAs of the price.
Detects price trends (up/down), recoveries, and declines based on these price SMAs.
"Whale" and "Bear" Signals:
Whale Signals (Buy-side): Generated when there's an upward volume trend, significant volume increase, and a downward price trend followed by price recovery. These indicate potential accumulation phases.
Bear Signals (Sell-side): Generated when there's a downward volume trend, significant volume decrease, and an upward price trend followed by price decline. These indicate potential distribution phases.
Visuals: Both types of signals are plotted as small, colored circles directly on the price chart, with corresponding text labels ("Whale," "Buy," "Bear," "Sell," "Price Recovering," "Price Declining").
Dynamic Parabolic Curve:
Concept: A green parabolic (exponential) curve that serves as a dynamic visual support line.
Activation: The curve starts drawing automatically only when the price crosses over the EMA 500 (Exponential Moving Average of 500 periods). The curve's starting point is set at a user-defined percentage below the EMA 500 value at that exact crossover point.
Visibility: The curve remains visible and continues its trajectory only as long as the price stays above the EMA 500.
Deactivation: The curve disappears instantly if the price falls below or equals the EMA 500. It will only reappear if the price crosses above the EMA 500 again.
Customization: The curve's steepness (Tasa Crecimiento Curva) and its initial distance from the EMA 500 (Inicio Curva % por debajo de EMA500) are adjustable.
Dynamic Label: A "Parabólico" text label is plotted near the center of the active curve segment, with an adjustable vertical offset to ensure it stays visually appealing below the curve.
What is PLOTTED on the chart:
The small, colored circle signals for Whale/Buy and Bear/Sell activity.
The green dynamic parabolic curve.
What is NOT PLOTTED:
EMA 200, EMA 500 lines (though they are calculated internally for logic).
Raw volume data or volume Moving Averages (these are only used for signal calculation, not plotted).
Ideal for:
Bitcoin traders and investors focused on long-term trends and cycle analysis, who want visual cues for accumulation/distribution phases based on on-chain activity, complemented by a unique, dynamically appearing parabolic support curve.
Important Notes:
Relies on the availability of external on-chain data (QUANDL:BCHAIN) within TradingView.
Functions best on a daily timeframe for optimal on-chain data relevance.
Rainbow Price Chart This indicator is a technical and on-chain analysis tool for Bitcoin, designed to help investors better understand the different phases of the market cycle and underlying sentiment. It directly overlays on the price chart (overlay=true).
Indicator Name: "Rainbow Price Chart & V/T Ratio Signals"
General Purpose:
It combines two popular methodologies for visualizing Bitcoin's value and sentiment: the classic "Rainbow Price Chart" and signals derived from the "Value per Transaction Ratio" (V/T Ratio) based on blockchain data. It is ideal for long-term investors looking for strategic entry/exit points.
Main Components:
Rainbow Price Chart:
Concept: Divides Bitcoin's price range into different market "sentiment zones" (e.g., "Bubble Zone," "FOMO Zone," "HODL Zone," "Accumulation Zone," "Buy Zone," "Fire Sale Zone") using colored bands. These bands are calculated as ascending and descending multiples of a base Exponential Moving Average (EMA), configurable by default to 200 periods.
Visualization: The zones are represented with transparent color fills on the price chart. A detailed legend in the top right corner of the chart explains the meaning of each color and sentiment zone.
Important Note: This type of chart is designed to be viewed and analyzed correctly on a logarithmic price scale. The indicator includes a visual reminder to activate this scale.
Value per Transaction (V/T) Ratio Signals:
Concept: Measures the average value per transaction on the Bitcoin blockchain by dividing the total transacted volume in USD by the number of transactions. This ratio is smoothed with an Exponential Moving Average (by default, 7 periods) and is framed within a dynamic Linear Regression Channel (LRC) based on standard deviation.
Signal Generation: Based on the position of the smoothed V/T Ratio within this LRC channel, the indicator generates signals directly on the price chart, such as:
"BOTTOM": Low price, V/T Ratio in the lower band of the LRC.
"SEMI-LOW" / "SEMI-HIGH": Intermediate phases within the channel.
"ATH" (All-Time High): Potentially overvalued price, V/T Ratio in the upper band of the LRC.
On-Chain Data: The indicator requests external daily on-chain data for total transacted volume (TVTVR) and number of transactions (NTRAN) from the Bitcoin blockchain.
Diagnostic Panes: Includes plots of the raw on-chain data (volume and number of transactions) in a separate pane, which are useful for debugging or verifying the data source. The lines for the V/T Ratio itself and its LRC channel are not plotted by default but can be activated in the code for deeper analysis.
Ideal for:
Bitcoin investors and "hodlers" who desire a visual tool that combines price-based market cycle context with fundamental signals derived from on-chain activity, to help identify key moments for accumulation or potential distribution.
Considerations:
Relies on the availability of external on-chain data (QUANDL:BCHAIN) within TradingView.
Functions best on a daily timeframe.
CirclesCircles - Support & Resistance Levels
Overview
This indicator plots horizontal support and resistance levels based on W.D. Gann's mathematical approach of dividing 360 degrees by 2 and by 3. These divisions create natural price magnetism points that have historically acted as significant support and resistance levels across all markets and timeframes.
How It Works
360÷2 Levels (Blue): 5.63, 11.25, 33.75, 56.25, 78.75, etc.
360÷3 Levels (Red): 7.5, 15, 30, 37.5, 52.5, 60, 75, etc.
Both Levels (Yellow): 22.5, 45, 67.5, 90, 112.5, 135, 157.5, 180 - These are "doubly strong" as they appear in both calculations
Key Features
Auto-Scaling: Automatically adjusts for any price range (from $0.001 altcoins to $100K+ Bitcoin)
Manual Scaling: Choose from 0.001x to 1000x multipliers or set custom values
Full Customization: Colors, line widths, styles (solid/dashed/dotted)
Historical View: Option to show all levels regardless of current price
Clean Display: Adjustable label positioning and line extensions
Use Cases
Identify potential reversal zones before price reaches them
Set profit targets and stop losses at key mathematical levels
Confirm breakouts when price decisively moves through major levels
Works on all timeframes and all markets (stocks, crypto, forex, commodities)
Gann Theory
W.D. Gann believed that markets move in mathematical harmony based on geometric angles and time cycles. These 360-degree divisions represent natural balance points where price often finds support or resistance, making them valuable for both short-term trading and long-term analysis.
Perfect for traders who use:
Support/Resistance trading
Fibonacci levels
Pivot points
Mathematical/geometric analysis
Multi-timeframe analysis
Simple Sessions & LevelsWhat this indicator does:
This script marks out two essential types of price levels for intraday and swing traders:
The high and low of a customizable 15-minute opening range after the market/session open.
The previous day’s high, midpoint (“halfback”), and low.
How it works:
The script lets you set the session start time (hour and minute) to match your market.
It then calculates the high and low of the first 15 minutes after the session opens and plots those as solid lines.
It also plots the prior day’s high, halfback (midpoint), and low on your chart for easy reference.
Each line and each label can be toggled on or off independently in the settings for maximum customization.
Colors for each level are also fully customizable.
How to use it:
Add the script to your chart.
Set the session start hour and minute to match the open of the market or instrument you trade.
Choose which levels and labels you want displayed by using the toggles in the settings.
The indicator will automatically draw the session range and prior day levels for you.
Use these lines as reference for key support, resistance, and potential trade entry/exit points.
What makes it unique and useful:
This tool combines a flexible session opening range with classic daily reference levels in one package. You have complete control over which levels and labels are shown, making it adaptable for any trading style. It’s especially useful for day traders who want to quickly identify volatility windows and the most important price levels from the previous session.
Gann Support and Resistance LevelsThis indicator plots dynamic Gann Degree Levels as potential support and resistance zones around the current market price. You can fully customize the Gann degree step (e.g., 45°, 30°, 90°), the number of levels above and below the price, and the price movement per degree to fine-tune the levels to your strategy.
Key Features:
✅ Dynamic levels update automatically with the live price
✅ Adjustable degree intervals (Gann steps)
✅ User control over how many levels to display above and below
✅ Fully customizable label size, label color, and text color for mobile-friendly visibility
✅ Clean visual design for easy chart analysis
How to Use:
Gann levels can act as potential support and resistance zones.
Watch for price reactions at major degrees like 0°, 90°, 180°, and 270°.
Can be combined with other technical tools like price action, trendlines, or Gann fans for deeper analysis.
📌 This tool is perfect for traders using Gann theory, grid-based strategies, or those looking to enhance their visual trading setups with structured levels.
MTF Pivot Zones
## 📘 **User Guide: MTF Pivot Zones**
**Script Name:** MTF Pivot Zones
Multi Time Frame Pivot
---
### 🧭 Overview
**MTF Pivot Zones** is a multi-timeframe analysis tool that detects and merges swing highs and lows across four key timeframes:
**Weekly, Daily, 4H, and 1H**.
It plots clear **Support** and **Resistance** zones on the chart based on pivot point clustering. Zones are displayed as dashed lines, color-coded by type.
---
### ⚙️ Settings
| Input Name | Description |
| ---------------------- | --------------------------------------------------------------------- |
| `Lookback Bars Per TF` | Number of bars to scan for pivot highs/lows per timeframe |
| `Pivot Left Bars` | Number of bars to the left required to confirm a pivot |
| `Pivot Right Bars` | Number of bars to the right required to confirm a pivot |
| `Merge Tolerance ($)` | Distance threshold in dollars to merge nearby pivot levels into zones |
| `Show TF Labels` | Toggle the text label next to each zone (e.g., “Res Zone”) |
---
### 🛠️ How It Works
1. **Pivot Detection**
The script scans each timeframe using `ta.pivothigh()` and `ta.pivotlow()`.
2. **Zone Merging**
Pivot levels within the specified `Merge Tolerance` are averaged and treated as a single zone.
3. **Zone Plotting**
* **Red dashed lines** = Resistance Zones
* **Green dashed lines** = Support Zones
* Optional labels show zone type if `Show TF Labels` is enabled
---
### 📈 Usage Tips
* Use zones to guide entries, exits, and stop-loss placement.
* Combine with trend tools or candlestick confirmation near zones.
* Adjust merge tolerance to match instrument volatility and timeframe.
---
Let me know if you want this formatted for **TradingView publishing**, or included in a `study()` title block comment.
Week Window AlgorithmWeek Window Algorithm
The Week Window Algorithm is an advanced intraday trading overlay built for precision session tracking and key level visualization.
🔹 Features:
1. Time Lines
Automatically plots vertical lines 30 minutes ahead of specific London times (07, 08, 09, 13, 14, 15UK), with adjustable height in pips and custom color.
2. Session Boxes
Draws price range boxes for:
Asia (22:00–06:00 UK)
Europe AM (08:00–09:00 UK)
Europe PM (14:00–15:00 UK)
Each box auto-updates during the session and fades after 3 days. Fill color is fully customizable via settings.
3. Yesterday’s High/Low Levels
Captures and plots yesterday’s high and low at 23:00 UK. Lines extend through today and highlight first-time hits.
🛠️ Customization:
Enable/disable sessions individually
Set pip size for early lines
Choose colors for each session box and line style
🕒 Recommended Timeframes:
Optimized for 1–15 minute charts. Works best on intraday setups.
Session Candles NY #ffsjr"The candle bodies tell the story, wicks do the damage" by ICT
Based on ICT words, I created the sessions indicator, to facilitate the visualization of each session in candle format, with the most important points being the confluence of session openings and closings.
Usually I use to create support and resistances lines using candle sessions bodies and to draw sessions liquidities.
Use on 15 minutes chart and hide default TradingView candles.
Enjoy
Prev Week POC Buy/Sell Signals
Hi, I’m Edward. I created a straightforward strategy for swing traders (4hr or 8hr timeframe users). This strategy is for traders that are not interested to look at charts all day long, 2 times a day max, but still be profitable.
The indicator:
Print a buy signal when the price closes above the previous week's Point of Control (POC).
Stay in the trade until the price closes below the previous week's POC, then print a sell signal.
The indicator calculates the weekly POC using a basic volume profile method, then tracks the previous week's POC for signals.
Previous week POC is valid from Monday to Thursday. By close of business on Thursday, the current week trend and POC should be well established and should be used make buy or sell decisions. Enjoy!
Multi-Session MarkerMulti-Session Marker is a flexible visual tool for traders who want to highlight up to 10 custom trading sessions directly on their chart’s background.
Custom Sessions: Enter up to 10 time ranges (in HHMM-HHMM format) to mark any market session, news window, or personal focus period.
Visual Clarity: For each session, toggle the highlight on or off and select a unique background color and opacity, making it easy to distinguish active trading windows at a glance.
Universal Time Handling: Session times automatically follow your chart’s time zone—no manual adjustment required.
Efficient and Fast: Utilizes TradingView’s bgcolor() for smooth performance, even on fast timeframes like 1-second charts.
Clean Interface: All session controls are grouped for easy editing in the indicator’s settings panel.
How to use:
In the indicator settings, enter your desired session times (e.g., 0930-1130) for each session you want to highlight.
Toggle “Show Session” and pick a color for each session.
The background will automatically highlight those periods on your chart.
This indicator is ideal for day traders, futures traders, or anyone who wants to visually segment their trading day for better focus and analysis.
Auto-Fibonacci Levels [ChartWhizzperer]Auto-Fibonacci Levels
Discover one of the most elegant and flexible Fibonacci indicators for TradingView – fully automatic, tastefully understated, and built entirely in Pine Script V6.
Key Features:
- Automatically detects the most recent swing high and swing low.
- Plots Fibonacci retracement levels and extensions (including 161.8%, 261.8%) perfectly aligned
to the prevailing trend.
- Distinctive, dashed lines with crystal-clear price labels right at the price scale
for maximum clarity.
- Line length and label offset are fully customisable for your charting preference.
- Absolutely no repainting: Only confirmed swings are used for reliable signals.
- Parameter: "Swing Detection Length"
The “Swing Detection Length” parameter determines how many bars must appear to the left and right of a potential high or low for it to be recognised as a significant swing point.
- Higher values make the script less sensitive (only major turning points are detected).
- Lower values make it more responsive to minor fluctuations (more fibs, more signals).
For best results, adjust this setting according to your preferred timeframe and trading style.
Pro Tip:
Fibonacci levels refresh automatically whenever a new swing is confirmed.
Ideal for price action enthusiasts and Fibonacci purists alike.
Licence:
// Licence: CC BY-NC-SA 4.0 – Non-commercial use only, attribution required.
// © ChartWhizzperer
Cycle Composite 3.6 WeightedThe Cycle Composite is a multi-factor market cycle model designed to classify long-term market behavior into distinct phases using normalized and weighted data inputs.
It combines ten key on-chain, dominance, volatility, sentiment, and trend-following metrics into a single composite output. The goal is to provide a clearer understanding of where the market may stand in the broader cycle (e.g., accumulation, early bull, late bull, or euphoria).
This version (3.4) introduces flexible weighting, trend strength markers, and additional context-aware signals such as risk-on confirmations and altseason flags.
Phases Identified:
The model categorizes the market into one of five zones:
Euphoria (> 85)
Late Bull (70 – 85)
Mid Bull (50 – 70)
Early Bull (30 – 50)
Fear (< 30)
Each phase is determined by a smoothed EMA of the weighted composite score.
Data Sources and Metrics Used (10 total):
BTC Dominance (CRYPTOCAP:BTC.D)
Stablecoin Dominance (USDT + USDC average) (inverted for risk-on)
ETH Dominance (CRYPTOCAP:ETH.D)
BBWP (normalized Bollinger Band Width % over 1-year window)
WVF (Williams VIX Fix for volatility spike detection)
NUPL (Net Unrealized Profit/Loss, external source)
CMF (Chaikin Money Flow, smoothed volume accumulation)
CEX Open Interest (custom input from DAO / external source)
Whale Inflows (custom input from whale exchange transfer data)
Google Trends Average (BTC, Crypto, Altcoin terms)
All inputs are normalized over a 200-bar window and combined via weighted averaging, where each weight is user-configurable.
Additional Features:
Phase Labels: Labels are printed only when a new phase is entered.
Bull Continuation Marker: Triangle up when composite makes higher highs and NUPL increases.
Weakening Marker: Triangle down when composite rolls over in Late Bull and NUPL falls.
Risk-On Signal: Green circle appears when CMF and Google Trends are both rising.
Altseason Flag: Orange diamond appears when dominance of "others.d" exceeds BTC.D and ETH.D and composite is above 50.
Background Shading: Each phase is shaded with a semi-transparent background color.
Timeframe-Aware Display: All markers and signals are shown only on weekly timeframe for clarity.
Intended Use:
This script is intended for educational and macro-trend analysis purposes.
It can be used to:
Identify macro cycle position (accumulation, bull phases, euphoria, etc.)
Spot long-term trend continuation or weakening signals
Add context to price action with external on-chain and sentiment data
Time rotation events such as altseason risk
Disclaimer:
This script does not constitute financial advice.
It is intended for informational and research purposes only.
Users should conduct their own due diligence and analysis before making investment decisions.
Intermarket Correlation Oscillator (ICO)The Intermarket Correlation Oscillator (ICO) is a TradingView indicator that helps traders analyze the relationship between two assets, such as stocks, indices, or cryptocurrencies, by measuring their price correlation. It displays this correlation as an oscillator ranging from -1 to +1, making it easy to spot whether the assets move together, oppositely, or independently. A value near +1 indicates strong positive correlation (assets move in the same direction), near -1 shows strong negative correlation (opposite movements), and near 0 suggests no correlation. This tool is ideal for confirming trends, spotting divergences, or identifying hedging opportunities across markets.
How It Works?
The ICO calculates the Pearson correlation coefficient between the chart’s primary asset (e.g., Apple stock) and a secondary asset you choose (e.g., SPY for the S&P 500) over a specified number of bars (default: 20). The oscillator is plotted in a separate pane below the chart, with key levels at +0.8 (overbought, strong positive correlation) and -0.8 (oversold, strong negative correlation). A midline at 0 helps gauge neutral correlation. When the oscillator crosses these levels or the midline, labels ("OB" for overbought, "OS" for oversold) and alerts notify you of significant shifts. Shaded zones highlight extreme correlations (red for overbought, green for oversold) if enabled.
Why Use the ICO?
Trend Confirmation: High positive correlation (e.g., SPY and QQQ both rising) confirms market trends.
Divergence Detection: Negative correlation (e.g., DXY rising while stocks fall) signals potential reversals.
Hedging: Identify negatively correlated assets to balance your portfolio.
Market Insights: Understand how assets like stocks, bonds, or crypto interact.
Easy Steps to Use the ICO in TradingView
Add the Indicator:
Open TradingView and load your chart (e.g., AAPL on a daily timeframe).
Go to the Pine Editor at the bottom of the TradingView window.
Copy and paste the ICO script provided earlier.
Click "Add to Chart" to display the oscillator below your price chart.
Configure Settings:
Click the gear icon next to the indicator’s name in the chart pane to open settings.
Secondary Symbol: Choose an asset to compare with your chart’s symbol (e.g., "SPY" for S&P 500, "DXY" for USD Index, or "BTCUSD" for Bitcoin). Default is SPY.
Correlation Lookback Period: Set the number of bars for calculation (default: 20). Use 10-14 for short-term trading or 50 for longer-term analysis.
Overbought/Oversold Levels: Adjust thresholds (default: +0.8 for overbought, -0.8 for oversold) to suit your strategy. Lower values (e.g., ±0.7) give more signals.
Show Midline/Zones: Check boxes to display the zero line and shaded overbought/oversold zones for visual clarity.
Interpret the Oscillator:
Above +0.8: Strong positive correlation (red zone). Assets move together.
Below -0.8: Strong negative correlation (green zone). Assets move oppositely.
Near 0: No clear relationship (midline reference).
Labels: "OB" or "OS" appears when crossing overbought/oversold levels, signaling potential correlation shifts.
Set Up Alerts:
Right-click the indicator, select "Add Alert."
Choose conditions like "Overbought Alert" (crossing above +0.8), "Oversold Alert" (crossing below -0.8), or zero-line crossings for bullish/bearish correlation shifts.
Configure notifications (e.g., email, SMS) to stay informed.
Apply to Trading:
Use positive correlation to confirm trades (e.g., buy AAPL if SPY is rising and correlation is high).
Spot divergences for reversals (e.g., stocks dropping while DXY rises with negative correlation).
Combine with other indicators like RSI or moving averages for stronger signals.
Tips for New Users
Start with related assets (e.g., SPY and QQQ for tech stocks) to see clear correlations.
Test on a demo account to understand signals before trading live.
Be aware that correlation is a lagging indicator; confirm signals with price action.
If the secondary symbol doesn’t load, ensure it’s valid on TradingView (e.g., use correct ticker format).
The ICO is a powerful, beginner-friendly tool to explore intermarket relationships, enhancing your trading decisions with clear visual cues and alerts.
Bitcoin Power Law Clock [LuxAlgo]The Bitcoin Power Law Clock is a unique representation of Bitcoin prices proposed by famous Bitcoin analyst and modeler Giovanni Santostasi.
It displays a clock-like figure with the Bitcoin price and average lines as spirals, as well as the 12, 3, 6, and 9 hour marks as key points in the cycle.
🔶 USAGE
Giovanni Santostasi, Ph.D., is the creator and discoverer of the Bitcoin Power Law Theory. He is passionate about Bitcoin and has 12 years of experience analyzing it and creating price models.
As we can see in the above chart, the tool is super intuitive. It displays a clock-like figure with the current Bitcoin price at 10:20 on a 12-hour scale.
This tool only works on the 1D INDEX:BTCUSD chart. The ticker and timeframe must be exact to ensure proper functionality.
According to the Bitcoin Power Law Theory, the key cycle points are marked at the extremes of the clock: 12, 3, 6, and 9 hours. According to the theory, the current Bitcoin prices are in a frenzied bull market on their way to the top of the cycle.
🔹 Enable/Disable Elements
All of the elements on the clock can be disabled. If you disable them all, only an empty space will remain.
The different charts above show various combinations. Traders can customize the tool to their needs.
🔹 Auto scale
The clock has an auto-scale feature that is enabled by default. Traders can adjust the size of the clock by disabling this feature and setting the size in the settings panel.
The image above shows different configurations of this feature.
🔶 SETTINGS
🔹 Price
Price: Enable/disable price spiral, select color, and enable/disable curved mode
Average: Enable/disable average spiral, select color, and enable/disable curved mode
🔹 Style
Auto scale: Enable/disable automatic scaling or set manual fixed scaling for the spirals
Lines width: Width of each spiral line
Text Size: Select text size for date tags and price scales
Prices: Enable/disable price scales on the x-axis
Handle: Enable/disable clock handle
Halvings: Enable/disable Halvings
Hours: Enable/disable hours and key cycle points
🔹 Time & Price Dashboard
Show Time & Price: Enable/disable time & price dashboard
Location: Dashboard location
Size: Dashboard size
SHA Multi Pivot Points -v1.0.0🔎Using Pivot Points in Trading
Traders use PPs to help determine predefined support and resistance levels to guide their trading strategies. In addition, traders identify potential price reversals, trend direction, and breakout opportunities:
Trend identification: PPs act as a reference level to gauge market sentiment. If the price opens above the PP and remains above it, traders interpret this as an uptrend. Conversely, if the price opens below the pivot point and stays below, it suggests a downtrend.
Support and resistance determination: Pivot levels are natural barriers where price reactions frequently occur. Traders may enter long positions near support levels, expecting a price bounce, or if the price approaches resistance levels, traders may consider shorting the asset.
Breakout trading: When the price breaks above resistance or support, it may indicate strong momentum for further movement.
Reversal identification: Traders also look for failed breakouts or price rejections at pivot levels to anticipate reversals.
Trading strategy combinations: Traders can improve accuracy by combining PPs with other technical analysis indicators.
1. Camarilla Pivot Points
📌 Overview:
Developed by Nick Scott in 1989, Camarilla Pivot Points are designed for short-term, intraday trading. Unlike traditional pivots, Camarilla levels are tighter and more responsive, making them useful in volatile markets.
📐 Key Levels:
It generates eight levels:
- Resistance: Initial Level (R1), Mid-range Level (R2), Sell Reversal Level (R3), Breakout Level (R4)
- Support: Initial Level (S1), Mid-range Level (S2), Buy Reversal Level (S3), Breakout Level (S4)
✅ How to Use:
- S1/R1 + RSI or volume divergence to confirm weak momentum and early reversals.
- S2/R2 with price action patterns to enter early on major moves before L3/H3 get tested.
- S3/R3: Mean-reversion zones → price often reverses.
- Break of S4/R4: Strong breakout → trend-following signal.
- Combine with volume or candlestick confirmation for entries.
🔹 2. Floor (Standard) Pivot Points
📌 Overview:
This is the most traditional pivot method, widely used by floor traders. It’s symmetrical and provides a clear central pivot point with equally spaced support and resistance levels.
📐 Key Levels:
- Povit Points : Average price (PPs)
- Resistance : First price ceiling (R1), Stronger ceiling (R2), Extreme resistance (R3)
- Support : First price floor (S1), Stronger floor (S2), Extreme support (S3)
✅ How to Use:
- Above PPs = bullish bias; Below PPs = bearish bias.
- S1/R1 are most used for intraday targets.
- S2–S3/R2–R3 indicate potential extreme moves.
- Often used in combination with momentum indicators.
🔹 3. Woodie Pivot Points
📌 Overview:
Woodie’s pivot formula gives double weight to the closing price, emphasizing the most recent session's sentiment.
📐 Key Levels:
- Povit Points : Weighted average (PPs)
- Resistance : First price ceiling (R1), Stronger resistance (R2)
- Support : First price floor (S1), Stronger support (S2)
✅ How to Use:
- Works best in fast-moving markets.
- PPs acts as a momentum-based balance level.
- Good for scalpers and momentum traders.
🔹 4. Fusion Pivot Points
📌 Overview:
This method differs significantly — it calculates only one support and one resistance level, adjusting based on the relationship between the open and close.
📐 Key Levels:
- Povit Points : Single directional (PPs)
- Resistance : Potential ceiling (R)
- Support : Potential floor (S)
✅ How to Use:
- Not symmetrical → more responsive to price behavior.
- Best for breakout or reversal strategies.
- Use when you're expecting directional momentum.
🔹 5. Classic Pivot Points (Traditional)
📌 Overview:
Also known as Standard or Traditional Pivot Points, this is the default method used by most charting platforms. It offers a balanced and simple framework.
📐 Key Levels:
- Povit Points : Central price level (PPs)
- Resistance : First ceiling (R1), Stronger resistance (R2), Extreme resistance (R3)
- Support : First floor (S1), Stronger floor (S2), Extreme support (S3)
✅ How to Use:
- PPs is the market’s equilibrium point.
- Helps define market structure, bias, and trade zones.
- Combine with order blocks, RSI, or MACD for confirmation.
📊 Summary Comparison :
1. Camarilla Pivot Points
- Focus : Mean Reversion & Breakouts
- Best Use : Scalping, Day Trading
2. Floor Pivot Points
- Focus : General Support/Resistance
- Best Use : Intraday, Swing
3. Woodie Pivot Points
- Focus : Recent Close Emphasis
- Best Use : Momentum Trading
4. Fusion Pivot Points
- Focus : Trend/Breakout
- Best Use : Directional Breakouts
5. Classic Povit Points
- Focus : Market Structure
- Best Use : General Use
⚠️ Disclaimer
The information and tools provided in this script are for educational and informational purposes only. They do not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instrument.
Trading in the financial markets involves risk of loss and is not suitable for every investor. You are solely responsible for your trading decisions. Always do your own research, use proper risk management, and consult a licensed financial advisor before making any financial decisions.
Mark4ex vWapMark4ex VWAP is a precision session-anchored Volume Weighted Average Price (VWAP) indicator crafted for intraday traders who want clean, reliable VWAP levels that reset daily to match a specific market session.
Unlike the built-in continuous VWAP, this version anchors each day to your chosen session start and end time, most commonly aligned with the New York Stock Exchange Open (9:30 AM EST) through the market close (4:00 PM EST). This ensures your VWAP reflects only intraday price action within your active trading window — filtering out irrelevant overnight moves and providing clearer mean-reversion signals.
Key Features:
Fully configurable session start & end times — adapt it for NY session or any other market.
Anchored VWAP resets daily for true session-based levels.
Built for the New York Open Range Breakout strategy: see how price interacts with VWAP during the volatile first 30–60 minutes of the US market.
Plots a clean, dynamic line that updates tick-by-tick during the session and disappears outside trading hours.
Designed to help you spot real-time support/resistance, intraday fair value zones, and liquidity magnets used by institutional traders.
How to Use — NY Open Range Breakout:
During the first hour of the New York session, institutional traders often define an “Opening Range” — the high and low formed shortly after the bell. The VWAP in this zone acts as a dynamic pivot point:
When price is above the session VWAP, bulls are in control — the level acts as a support floor for pullbacks.
When price is below the session VWAP, bears dominate — the level acts as resistance against bounces.
Breakouts from the opening range often test the VWAP for confirmation or rejection.
Traders use this to time entries for breakouts, retests, or mean-reversion scalps with greater confidence.
⚙️ Recommended Settings:
Default: 9:30 AM to 4:00 PM New York time — standard US equities session.
Adjust hours/minutes to match your target market’s open and close.
👤 Who is it for?
Scalpers, day traders, prop traders, and anyone trading the NY Open, indices like the S&P 500, or highly liquid stocks during US cash hours.
🚀 Why use Mark4ex VWAP?
Because a properly anchored VWAP is a trader’s real-time institutional fair value, giving you better context than static moving averages. It adapts live to volume shifts and helps you follow smart money footprints.
This indicator will reconfigure every day, anchored to the New York Open, it will also leave historical NY Open VWAP for study purpose.
M2 Growth Rate vs Borrowing RateHave you ever wondered how fast M2 is actually growing? Have you ever wanted to compare its percentage growth rate to the actual cost of borrowing? Are you also, like me, a giant nerd with too much time on your hands?
M2 Growth Rate vs Borrowing Rate
This Pine Script indicator analyzes the annualized growth rate of M2 money supply and compares it to key borrowing rates, providing insights into the relationship between money supply expansion and borrowing costs. Users can select between US M2 or a combined M2 (aggregating US, EU, China, Japan, and UK money supplies, adjusted for currency exchange rates). The M2 growth period is customizable, offering options from 1 month to 5 years for flexible analysis over different time horizons. The indicator fetches monthly data for US M2, EU M2, China M2, Japan M2, UK M2, and exchange rates (EURUSD, CNYUSD, JPYUSD, GBPUSD) to compute the combined M2 in USD terms.
It plots the annualized M2 growth rate alongside borrowing rates, including US 2-year and 10-year Treasury yields, corporate bond effective yield, high-yield bond effective yield, and 30-year US mortgage rates. Borrowing rates are color-coded for clarity: red if the rate exceeds the selected M2 growth rate, and green if below, highlighting relative dynamics. Displayed on a separate pane with a zero line for reference, the indicator includes labeled plots for easy identification.
This tool is designed for informational purposes, offering a visual framework to explore economic trends without providing trading signals or financial advice.
