指標和策略
Pipnotic HTF BarsDescription:
Pipnotic HTF Bars projects higher-timeframe (HTF) candles to the right of current price so you can “peek ahead” with clean, fixed-width silhouettes. The latest HTF bar updates live until it closes; completed HTF bars are frozen and kept in a tidy row to the right. Bodies inherit up/down colours, wicks sit on the body edge (no line through the body), and transparency/borders are configurable for a lightweight, elegant overlay.
How It Works:
The script reads true HTF opens via request.security and detects new HTF boundaries precisely.
Completed HTF bars are captured with look ahead off and stored; they never repaint.
The current HTF bar uses look ahead on and updates tick-by-tick until the next HTF bar begins.
Each candle is drawn as a fixed bar-index width box and wick, anchored a set number of bars to the right of the chart, then spaced evenly.
Visualization and Management:
Candles are rendered as boxes (bodies) plus edge-wicks (coloured to match the body).
You choose how many completed HTF candles to keep visible; older ones are automatically pruned.
Width, spacing, transparency, and borders make the projection readable without cluttering price.
Designed to stay performant and within TradingView’s shape limits.
Key Features & Inputs:
Higher Timeframe (HTF): W, D, 240, 120, 60, 30, 15.
Live Current Bar: The most recent HTF candle updates until it closes (no duplicate static bar).
Number of Candles: Keep the last N completed HTF candles to the right.
Fixed Projection Geometry:
Projected width (bars) : set a constant visual width per candle.
Gap (bars) : spacing between projected candles.
Right shift : anchor the projection a fixed distance beyond the latest bar.
Styling : Up/Down colours, body transparency, optional borders, wicks coloured same as body and drawn from body edge → high/low (never through the body).
Overlay : Works on any symbol and chart timeframe.
Enhanced Visualization:
Edge-wicks align visually with the close side of the body, producing a crisp, unobstructed read of range (H–L) and direction (O→C).
Fixed widths and even spacing create a timeline-like panel to the right of price, ideal for multi-timeframe context without compressing your main chart.
Transparency lets you “ghost” the projection so LTF price action remains visible beneath.
Benefits of Using the Pipnotic HTF Script:
Instant HTF context without switching charts or compressing the main view.
Non-repainting history: Completed HTF candles are locked the moment a new one starts.
Cleaner decision surface: Edge-wicks and soft transparency reduce visual noise.
Time-saving workflow: Scan upcoming HTF structure at a glance (range, bias, progress).
Configurable & lightweight: Tune width, spacing, and count to fit any layout.
Tip: Using the daily HTF on an hourly or less timeframe and watching as price tests the open of the current day, especially if prices e.g. traded below the open, can provide some great trades as prices move above and retest the open.
SAPSAN TRADE: HFT ActivityThis indicator: SAPSAN TRADE: HFT Activity tracks High-Frequency Trading (HFT) activity using volume on candlestick charts. It calculates the Z-score of the current volume relative to the moving average and standard deviation over a chosen lookback period. The indicator classifies volume anomalies into categories based on significance and probability of occurrence.
How circles above and below candles work:
Circle above the candle – positive Z-score (volume above average), indicating a spike in buying activity.
Circle below the candle – negative Z-score (volume below average), indicating unusually low activity or large selling.
The size and color of the circle correspond to the significance of the anomaly by category:
Alerts:
General alert triggers on any HFT activity.
Specific alerts for each category and direction (above or below the candle).
Usage:
Detects spikes of activity by major market participants.
Highlights unusual volumes in real time on the chart.
Useful for filtering market noise and estimating the probability of sharp moves.
Links:
📢 Telegram Channel – Join us!
RU
Этот индикатор: SAPSAN TRADE: HFT Activity предназначен для отслеживания активности высокочастотных трейдеров (HFT) по объему на свечном графике. Он рассчитывает Z-оценку текущего объема относительно скользящего среднего и стандартного отклонения за выбранный период. Индикатор классифицирует аномалии объема на категории по значимости и вероятности их появления.
Как работают кружки над и под свечами:
Кружок сверху свечи – это положительный Z-score (объем выше среднего), что сигнализирует о всплеске покупательской активности.
Кружок снизу свечи – отрицательный Z-score (объем ниже среднего), что может указывать на аномально низкую активность или крупные продажи.
Размер и цвет кружка соответствуют значимости аномалии по категории:
Алерты / Уведомления:
Общий сигнал при любой аномальной HFT активности.
Специфические алерты для каждой категории и направления (выше или ниже свечи).
Применение:
Помогает выявлять всплески активности крупных игроков.
Позволяет видеть необычные объемы на графике в реальном времени.
Можно использовать для фильтрации рыночного шума и оценки вероятности резких движений.
📢 Наш telegram канал - Присоединяйтесь!
Daily EMA 50Daily EMA 50 Indicator
This indicator displays the 50-period Exponential Moving Average based on daily closing prices. It uses security() function to fetch daily data, making it consistent across all timeframes.
The EMA is plotted in orange and helps identify the overall daily trend direction. It's particularly useful for:
- Confirming long-term trend bias
- Identifying potential support/resistance levels
- Filtering trade directions on lower timeframes
Features:
- Works on any chart timeframe
- Updates automatically with daily data
- Clean visual representation with orange line
10% of 50 EMA//@version=5
indicator("10% of 50 EMA", overlay=true)
// 50-period EMA
ema50 = ta.ema(close, 50)
// 10% of 50 EMA
ema10pct = ema50 * 0.10
// Plot only 10% line
plot(ema10pct, color=color.red, title="10% of 50 EMA")
Najs Pullback Candle v2This script is designed as a pullback indicator specifically tailored for intraday traders and scalpers who rely on quick, precise decision-making. Its primary purpose is to identify areas on the chart where the market has temporarily moved against the prevailing trend—creating potential opportunities to enter trades with the trend at a more favorable price.
By highlighting these pullback setups, the script effectively establishes a structured trading window that reduces uncertainty and emotion in the heat of the moment. Instead of relying on instinct or guesswork, you’re provided with a clear entry signal directly on the chart. At the same time, the indicator framework inherently suggests a defined stop loss level, giving you a disciplined approach to risk management.
For scalpers and short-term intraday traders, this translates to several advantages:
Consistency: You can repeat the same process every time the conditions are met, rather than improvising.
Clarity: Entry and stop levels are visually marked, so there’s no ambiguity about where you should act.
Speed: Because the rules are coded, you don’t waste precious seconds analyzing or second-guessing—ideal for fast-moving markets.
In short, the pullback indicator functions like a trading playbook embedded in your chart. It defines when to engage, where to protect yourself, and how to align with the trend, allowing you to trade more confidently and systematically.
All in One 指标套件🔵 Double Harami
The Double Harami indicator identifies a two-step inside-bar compression: the first inside bar is fully contained within the mother bar, and the second inside bar is fully contained within the first. This pattern often signals volatility contraction ahead of a potential strong breakout. The indicator confirms signals at bar close and marks them above price for clear visual detection. It also supports alert conditions, allowing traders to be notified when the pattern completes. Use it to monitor periods of tightening price action and prepare for possible momentum expansion, while combining with context (trend, S/R, volume) for higher-confidence setups.
NY Session Bar CounterNY Session Bar Counter that clearly shows bar numbers for all candlesticks in the NY session. Perfect for backtesting and community analysis.
BB with Trend-Colored Middle Band & Candles [sudhanshu]Features:
MA Type Selector → choose from:
SMA (Simple)
EMA (Exponential)
WMA (Weighted)
RMA (a.k.a. Smoothed / Triangular-like average)
Middle Bollinger Band color changes with slope.
Candles change color according to slope direction.
gold scaling_V2.2 (Zone-Driven Entries + BB Entries) — Dual-Set
Short Description (for the “Description” box)
gold scaling_V2.2 (Zone-Driven Entries + BB Entries) — Dual-Set
Two coordinated entry engines. Set A (Zone-Driven): dynamic buy/sell zones with anti-chase (first-touch, flip-guard, hysteresis), TP1–TP5 ladder, and smart SL (BE/Follow/Chandelier). Set B (BB mini): fast Bollinger-based entries with HTF/BBW filters. Compact HUD, Heads-Up ETA, and full Text/JSON alerts (ENTRY/TP/SL). Built for disciplined entries, not FOMO.
Full Description
Overview
This indicator enforces disciplined entries by combining two complementary systems:
Set A — Zone-Driven Entries: builds adaptive buy/sell zones (ATR-aware), confirms entries in two steps (touch → confirm), and manages exits with a TP ladder and intelligent SL logic (move to Break-Even at TP1, follow by TP levels, or optional Chandelier trail). Includes zone lock/re-arm after real breakouts.
Set B — BB Entries (mini): lightweight Bollinger-based “mini” entries (Revert Cross or Cross Threshold) that respect HTF EMA slope and BB Width filters.
Timeframes:
Set A (Zone) works best on M15–H1; Set B (mini) is great for M5–M30 to catch tactical moves inside the bigger structure.
Quick Start
Add to chart → Entry Sets: enable Set A (Zone) and/or Set B (BB mini).
Alerts: turn on Enable Auto Alerts and create one alert with Any alert() function call → Once per bar close.
Webhook/automation: toggle Use JSON to emit machine-readable alerts.
Filters: enable HTF Trend Filter and/or BB Width filter to improve signal quality.
Stops: choose SL mode (ATR ×, Percent, Points). Configure SL→BE on TP1, Follow by TP, or Chandelier Trail.
Signal Architecture
Set A — Zone-Driven (primary entries)
Trigger: price touches/crosses zone edge → pending → confirm with hysteresis and minimum real body (ATR-scaled) aligned with side.
Anti-Chase: firstTouchOnly, max entries per zone, flipGuardBars, optional body-displacement (ATR×), and global lock after any entry.
Breakout Handling: lock zones after a meaningful break (close beyond edge ≥ ATR×). Re-arm by Retest / Time / Retest OR Time.
TP Ladder: TP1–TP5 lines with labels and fills.
Smart SL: move to BE at TP1, follow TP levels (rate-limited and ATR-buffered), or Chandelier.
Set B — BB Entries (mini)
Modes: Revert Cross (default) or Cross Threshold.
Honors HTF EMA slope and BB Width if enabled.
Separate per-side cooldown to reduce spam.
Heads-Up & HUD
Heads-Up ETA: estimates minutes to nearest band/basis or compression-to-expansion spike.
HUD: shows symbol/TF/side, Entry/SL, TP1–TP5 RR snapshot, W/L from Zone set, and HU/Vol lines.
Alerts
Auto alerts (recommended, via alert())
Create one alert: Any alert() function call → Once per bar close. It covers everything.
ENTRY (Zone):
Key Settings (what matters most)
Strategy Settings: tradeDirection (gate signals by side), entryStrategy for BB.
Entry Sets: toggle Set A (Zone) and Set B (BB mini) independently.
Bollinger Bands Settings: bbLength, bbMult; if BB Width filter is on, define min/max width (% of price).
Alert Settings: Enable Auto Alerts, Use JSON, cooldownSeconds, maxOneTPPerBar.
Anti-Chase / Zone State: firstTouchOnly, maxEntriesPerZonePerSide, flipGuardBars, requireRetest, hysteresisAtrMult, confirmBodyAtrMult, globalLockBars, lockZonesOnBreakout, rearmMode.
Stop Loss: SL mode + SL→BE on TP1, Follow by TP (slMoveFraction, confirm/hold bars, ATR buffer), Chandelier.
TP Zones: mult_dist for step size, zoneExpireBars for auto-cleanup.
HUD/Labels: mini label colors, HUD theme/size.
Tuning Guide
Too few entries: reduce flipGuardBars, confirmBodyAtrMult, or hysteresisAtrMult; relax BB width bounds; increase maxEntriesPerZonePerSide.
Noisy/fake entries: raise flipGuardBars, enable requireFlipDisplacement (increase flipDispATRmult), tighten BB width bounds, enable alertsFollowTradeDirection.
SL moves too fast/slow: adjust slMinBarsBetweenMoves, slFollowConfirmBars, slMoveFraction, and slFollowAtrBufferMult.
Prefer retests after breaks: lockZonesOnBreakout = true + rearmMode = "Retest only".
Repaint & Transparency
Entries fire on bar close when alertsOnClose=true (default), with multi-layer confirmation to reduce hindsight changes.
Heads-Up/Spike are predictive helpers, not entry rules; they may update as new data comes in.
Visual overlays (divergence/oscillators) are supportive, not mandatory to the entry logic.
ND - MACD Divergence SystemND - MACD Divergence System
A comprehensive MACD indicator that detects both regular bullish and bearish divergences on both the MACD line and histogram. This versatile tool offers extensive customization options including:
Dual Divergence Detection: Identifies divergences on both MACD line and histogram separately
Flexible Settings: Adjustable lookback periods, range constraints, and price reference (wicks vs. bodies)
Visual Customization: Toggle between 4-color histogram, colored MACD line, crossover dots, and divergence labels
MA Type Selection: Choose between SMA or EMA for both oscillator and signal line calculations
Multi-Timeframe Support: Analyze divergences across different timeframes
Smart Filtering: Optional requirement for same histogram sign at divergence points
Perfect for traders looking to spot potential trend reversals through classic divergence patterns with enhanced visual clarity and customization.
Chinese Version:
ND - MACD 背离系统
一款全面的MACD指标，可分别检测MACD线和直方图上的常规看涨和看跌背离。这个多功能工具提供广泛的定制选项：
双重背离检测：分别识别MACD线和直方图上的背离
灵活设置：可调整回溯周期、范围限制和价格参考（影线或实体）
视觉定制：切换四色直方图、彩色MACD线、交叉点和背离标签显示
均线类型选择：振荡线和信号线均可选择SMA或EMA计算方式
多时间框架支持：在不同时间框架上分析背离
智能过滤：可选要求背离点柱状图同符号（顶背离两点为正，底背离两点为负）
非常适合希望通过经典背离模式发现潜在趋势反转的交易者，提供增强的视觉清晰度和定制化功能。
RSI Reversal PureWhat it is
A minimalist overlay for very short-term crude-oil plays. It waits for RSI to reach an extreme, snap back through a user-defined level and then prints a single arrow. A built-in timer starts immediately; when the clock runs out the trade is marked “✓” or “✗” and the scoreboard updates. What you see on the chart • One arrow at a time – no clutter, no repainting. • A label that follows price and shows entry price, live P&L and the seconds left on the clock. • Optional background tint the moment a signal is generated or the timer expires. • A two-column table (lifetime vs. today) that tracks hit-rate, average return, longest winning/losing streak and current draw-down. Core ideas under the hood (no formulas) 1. Pure reversal – the arrow only fires when RSI crosses back through an oversold/overbought threshold. 2. Location check – an optional slow-moving average keeps you on the right side of the prevailing drift. 3. Volume sanity – Chaikin Money Flow must agree (can be switched off). 4. Momentum gate – MACD can be added as an extra hurdle. 5. Self-audit – every arrow is followed for N seconds, graded, and stored so the script displays a live report card instead of a beauty picture. User knobs you can turn without touching code • RSI length and the two extreme levels. • Timer length – default is 10 minutes but you can set anything from 1 min to several hours. • Trend filter – disable for counter-trend scalps or enable to stay with the bigger drift. • Chaikin and MACD on/off – use either, both or none. • Visual prefs – toggle arrows, labels, background flashes and the statistics table. Typical workflow 1. Drop the indicator on a 1- or 5-minute crude-oil chart. 2. Wait for an arrow that agrees with your session bias (London, New-York, API, etc.). 3. Use the timer as a built-in exit rule or as a back-stop for your own target/stop. 4. Watch the scoreboard for a few sessions; if the win-rate stays above your personal threshold you can gradually increase size, if it drops you re-calibrate or pause. No secret sauce – just a disciplined RSI reversal timer that prints its own homework.
Ultra-High-Reliability Trading Signals Suite v7What it is
A lightweight overlay that prints one arrow at a time—green for “go long”, red for “go short”—and then watches its own prediction for a user-defined number of bars. After the timer expires the arrow is automatically graded “✓” or “✗”, the result is written on the chart and a running scoreboard is updated.
What you see
One arrow per side only—no clutter, no repainting.
A small label that follows price and shows entry time/price, exit time/price and the final verdict.
Two EMAs and step-wise support/resistance lines for visual context.
An optional top-right table that tracks win counts, loss counts and hit-rate for longs, shorts and the combined set.
Core philosophy (no formulas)
Confluence first – every arrow needs at least three independent clues to line up (momentum, micro-structure, volume, higher-time-frame bias, etc.).
Location matters – signals near well-defined support or resistance zones are favoured; signals in the middle of nowhere are discarded.
Quality over quantity – a built-in scoring engine ranks each set-up; only the top percentile is shown.
Self-audit – every arrow is followed for N bars, graded, and stored so the script can display a live track-record instead of a beauty picture.
User knobs you can turn without touching code
Sensitivity dial – choose “strict” for fewer but higher-conviction arrows or “normal” for a fuller set.
Timer length – decide how many bars the script should wait before marking the trade right or wrong.
Visual prefs – toggle arrows, labels, background flashes, auxiliary lines and the statistics table.
Time-frame blend – optionally pull in a faster or slower compression to confirm the bigger picture.
Typical workflow
Drop the indicator on any intraday chart (5 min is the most popular).
Wait for an arrow that agrees with your higher-time-frame bias.
Use the timer as a built-in exit rule or as a back-stop for your own target/stop.
Watch the scoreboard for a few sessions; if the win-rate stays above your personal threshold you can gradually increase size, if it drops you re-calibrate or pause.
No magic, just a disciplined checklist that prints its own report card in real time.
Fusion A+B EnhancedFusion A+B Enhanced (English overview – no code revealed)
What it is
A lightweight overlay that waits for several micro-structure clues to line up, then paints a single “BUY” or “SELL” arrow on the 10-minute chart. After the arrow appears the script starts a built-in timer; when the timer expires it marks the result with a green dot (win) or red cross (loss) and updates a live score-board.
What you see on the chart
Two smooth lines that track the short- and intermediate-term direction.
One arrow per side – no repainting, no stack of signals.
A small label that follows price and shows entry price, live P&L and the seconds left on the clock.
Optional background flashes the moment a signal is generated or the timer expires.
A two-column table (total vs. today) that tracks hit-rate, average return, longest winning/losing streak and current draw-down.
Core ideas under the hood (no formulas)
Trend filter – the arrow only fires if the short-term and intermediate-term directions agree.
Pattern filter – a weighted mix of classic reversal shapes (V-bottom / top), support/respect touches and engulfing bars.
Exhaustion filter – an RSI or Williams %-R gate is applied with either “AND” or “OR” logic so signals are ignored if the market is already over-stretched.
Scoreboard – each ingredient adds a user-defined weight; the sum must reach a minimum “conviction” number before an arrow is printed.
Timer exit – every trade is closed after a fixed number of seconds; wins and losses are recorded immediately and used to refresh the statistics.
10-Minute ML Signal10-Minute ML Signal – Quick Overview
Purpose
A lightweight overlay that prints tiny green up-arrows or red down-arrows on a 10-minute candle chart to highlight moments when the model believes the probability of an imminent move has crossed a user-defined confidence level.
What it measures
Behind the scenes it condenses every bar into six intuitive “fingerprints” of current market micro-structure: momentum, relative volume, buying pressure, intraday volatility, plus the proportion of the range that sits above or below the open/close area. These six numbers are combined into a single probability score.
How the arrows appear
A green triangle appears the first time the probability ticks above the “high-confidence” threshold.
A red triangle appears the first time the probability falls below the complementary “low-confidence” threshold.
Once an arrow is printed it does not repaint; the next arrow can only occur after the score has crossed back through the opposite threshold.
Interpretation
Green arrows are intended as a gentle heads-up that buyers may be taking control.
Red arrows suggest sellers could be gaining the upper hand.
The indicator is best used as a confirmation tool rather than a stand-alone trigger—many traders combine it with trend filters, support/resistance levels, or higher-time-frame bias.
Asset & timeframe notes
The default logic was originally calibrated on Bitcoin’s 10-minute data; if you apply it to a different market or compression, expect the sensitivity to change and consider re-optimising the thresholds.
No guarantees
Like every statistical model, it is wrong a non-trivial percentage of the time. Always combine with your own risk management and trade sizing rules.
NISHIN 11NISHIN 11 is a price action tool that automatically marks the first 5-minute high and low of two key market sessions in IST (Indian Standard Time):
Asian Session → 5:30 AM – 5:35 AM IST
European Session → 12:30 PM – 12:35 PM IST
📌 Once these ranges are formed, the indicator extends horizontal lines across the chart, helping traders visualize session-based support and resistance levels.
Key Features:
Marks the high and low of the first 5 minutes of both sessions.
Configurable colors and line extensions.
Alerts when price breaks above the high or drops below the low of each session.
Helps in breakout/breakdown trading strategies.
This tool is particularly useful for intraday traders who want to track early-session volatility and plan entries/exits around these critical levels.
⚡ Use it with your own trading system for better precision and confidence.
SAPSAN TRADE: DOM USDThe SAPSAN TRADE: DOM USD indicator displays the Cumulative Delta Volume for the selected instrument, showing who controls the market — buyers or sellers.
Delta calculation:
Price rises (close > open) → delta = bar volume (buyers dominate)
Price falls (open > close) → delta = -bar volume (sellers dominate)
Neutral bar (open = close) → delta = 0
Reset options: Daily, Weekly, or Monthly — cumulative delta resets automatically according to the chosen period.
Cumulative Delta Color Meaning
< -15,000,000 Blue Very strong seller
-15,000,000 … -10,000,000 Cyan Strong seller
-10,000,000 … -5,000,000 Green Moderate seller
-5,000,000 … 0 Yellow Weak seller / Neutral
0 … 5,000,000 Orange Neutral / Weak buyer
5,000,000 … 10,000,000 Red Weak buyer
10,000,000 … 15,000,000 Orange Moderate buyer
15,000,000 … 20,000,000 Green Strong buyer
> 20,000,000 Cyan Very strong buyer
Values outside range Gray Default / rare
💡 Gray color:
Default bar color if cumulative delta exceeds all defined levels.
Also used for dotted reference lines (1K, 1M, 1B, and negatives), hidden by default (display=none).
⚡ Features:
Column display for quick visual market control analysis
Reset by period: Daily, Weekly, Monthly
Color-coded delta zones:
Blue/Cyan → Sellers
Red/Green → Buyers
Yellow/Orange → Neutral
Tracks session min/max internally (session_min, session_max)
RU
Индикатор SAPSAN TRADE: DOM USD отображает кумулятивную дельту объёма (Cumulative Delta) для выбранного инструмента, показывая, кто контролирует рынок — покупатели или продавцы.
Расчёт дельты:
Цена растёт (close > open) → дельта = объём бара (покупатели сильнее)
Цена падает (open > close) → дельта = -объём бара (продавцы сильнее)
Нейтральный бар (open = close) → дельта = 0
Сброс периодов: Daily, Weekly, или Monthly — кумулятивная дельта автоматически сбрасывается в начале выбранного периода.
Кум. дельта Цвет Значение
< -15,000,000 Синий Очень сильный продавец
-15,000,000 … -10,000,000 Голубой Сильный продавец
-10,000,000 … -5,000,000 Зеленый Умеренный продавец
-5,000,000 … 0 Жёлтый Слабый продавец / нейтрально
0 … 5,000,000 Оранжевый Нейтрально / слабый покупатель
5,000,000 … 10,000,000 Красный Слабый покупатель
10,000,000 … 15,000,000 Оранжевый Умеренный покупатель
15,000,000 … 20,000,000 Зеленый Сильный покупатель
> 20,000,000 Голубой Очень сильный покупатель
Значения вне диапазона Серый Дефолт / редко встречается
💡 Серый цвет:
Используется как дефолтный цвет столбца, если кумулятивная дельта выходит за пределы всех заданных зон.
Также используется для пунктирных линий-ориентиров (1K, 1M, 1B и отрицательные значения), которые по умолчанию скрыты (display=none).
⚡ Особенности индикатора:
Столбцы для наглядного отображения контроля рынка
Сброс дельты по периоду: Daily, Weekly, Monthly
Цветовая индикация зон дельты:
Синий/Голубой → Продавцы
Красный/Зелёный → Покупатели
Жёлтый/Оранжевый → Нейтрально
Отслеживание минимумов и максимумов сессии (session_min, session_max)
SMC + Engulfing Combo by Falcon TraderI only enter using our setup, with a pre-confirmation followed by two engulfing candles.
Sigma Reversal Print [FxScripts]Indicator Overview
The Sigma Reversal Print is a powerful tool designed for traders who like to trade reversal strategies plus trend traders looking to enter on strong pullbacks. It integrates advanced price action with volume analysis, highlighting areas where a trend reversal or pullback may be in progress, providing insights into where markets may be exhausted or about to surge.
Key Features and Functionality
Reversal Trading: Tailored primarily for reversal traders, the Sigma Reversal Print highlights zones where the market is likely to change direction. While this approach offers significant potential, it inherently carries a degree of risk due to the precision required in predicting market turning points. The Sigma Reversal Print uses advanced methodology to forecast such reversals with a high degree of accuracy.
Signal Generation Based on Reversal and Pullback Zones: The Reversal Print generates signals when price enters specific conditions, representing exhaustion followed by a change in order flow. These conditions allow the indicator to filter out low-probability signals and focus on those with higher potential for a trend change.
Settings
Sensitivity Control: The sensitivity setting allows traders to adjust the strength of the pattern required for a signal to be generated. The scale ranges from 2-10 with higher sensitivity demanding more confirmation, leading to fewer, generally more reliable, signals however backtesting is highly recommended. Adjusting the sensitivity enables traders to balance early entries with signal accuracy, accommodating both aggressive and more conservative strategies.
Customizable Length: The length setting allows users to fine-tune the calculation period, adjusting the indicator’s responsiveness to overall market conditions. Adjusting length allows the Reversal Print to adapt to the user’s trading style and timeframe of choice. Similar to the sensitivity control, the scale ranges from 2-10 with a higher length demanding more confirmation. This can lead to fewer, often more reliable, signals however, once again, backtesting is highly recommended.
Advanced Filters
Opening Gap Filter: Turning this on allows the system to avoid painting false signals that can be triggered by the daily or weekly opening gap at market open. This setting is toggled on by default.
Price Filter: This filter applies an additional weighted price action algorithm to the signal being painted thus further filtering out weaker signals. Warning dots will still paint however the larger break arrow will no longer paint if the filter is triggered. This setting is toggled on by default.
Volume Filter: This filters out low volume entries which have a lower probability of turning into successful trades. Variable from 1-10 with 1 being the most lenient and 10 the most stringent. Warning dots will still paint however the larger break arrow will no longer paint if the filter is triggered. This setting is toggled on by default.
Alerts
Configure alerts and receive notifications when the first warning dot in a sequence appears (the series of dots seen on the chart) and again when a breakpoint is triggered (the larger arrow on the chart). This feature is particularly beneficial for traders who like to monitor multiple instruments or prefer not to stare at a screen all day.
Performance and Optimization
Backtesting Results: The Reversal Print has undergone extensive backtesting across various instruments, timeframes and market conditions, demonstrating strong performance in identifying reversal points, particularly during volatile or overextended price movements. User backtesting is strongly encouraged as it allows traders to optimize settings for their preferred instruments and timeframes.
Optimization for Diverse Markets: The Reversal Print can be used on crypto, forex, indices, commodities or stocks. The Reversal Print's algorithmic foundation ensures consistent performance across a variety of instruments. Key settings such as Sensitivity and Length will require adjustment based on the volatility and characteristics of each market.
Educational Resources and Support
Users of the Sigma Reversal Print benefit from comprehensive educational resources and full access to FxScripts Support. This ensures traders can maximize the potential of the Reversal Print and other tools in the Sigma Indicator Suite by learning best practices and gaining insights from an experienced team of traders.
Summary
The Reversal Print is a powerful and adaptable tool for reversal and pullback traders, combining statistical analysis and price action to identify high-probability turning points. Its advanced customization options, flexible controls and integration with the Sigma Indicator Suite offer significant advantages over standard indicators. By pinpointing precise entry points, the Reversal Print enables traders to make informed trading decisions with confidence.
