ICT Daily Bias based on weekly by RKGiven that Weekly bias is determined ,This indicator helps you to identify the Daily Bias.
So best of this indicator to determine Daily bias is to first Implement it on weekly and then Daily
If weekly and Daily both are bullish then look for LONG in lower timeframe.
If weekly and Daily both are bearish then look for SHORTS in lower timeframe.
指標和策略
Consecutive Close Colorer (5+ with retroactive coloring)“Spot momentum streaks instantly — highlight runs of consecutive closes with color & boxes.”
“Turn price streaks into clear visuals. See momentum, strength, and exhaustion at a glance.”
“Simple way to track consecutive up/down closes — momentum made obvious.”
“Make market streaks stand out: candle coloring + shaded zones for clear momentum.”
EMA BY C4RLOZ📈 Example:
A 150 EMA is the average price of the last 150 candles, but the most recent prices influence it more.
Traders often use EMAs to identify trend direction and crossovers for buy/sell signals.
👉 In practice:
If price is above the EMA → uptrend bias.
If price is below the EMA → downtrend bias.
Nikkei PER Curve (EPS Text Area Input)
This indicator visualizes the PER levels of the Nikkei 225 based on the dates and EPS data entered in the text area.
By plotting multiple PER multiplier lines, it helps users to understand the following:
Potential support and resistance levels based on PER multipliers
Comparison between the current stock price and theoretical valuation levels
Observation of PER trends and detection of deviations from standard valuation levels
Trading Decisions:
When the stock price approaches a specific PER line, it can serve as a reference for support or resistance.
During intraday chart analysis, PER lines are drawn based on the most recent EPS, making them useful as reference levels even during market hours.
Valuation Analysis:
On daily charts, it helps to assess whether the Nikkei is overvalued or undervalued compared to historical levels, or to identify changes in valuation levels.
Risk Management:
The theoretical price lines based on PER can be used as reference points for stop-loss or profit-taking decisions.
Simple Data Input:
EPS data is entered in a text area, one line per date, in comma-separated format:
YYYY/MM/DD,EPS
YYYY/MM/DD,EPS
Multiple entries can be input by using line breaks between each date.
Note: Dates for which no candlestick exists in the chart will not be displayed.
This allows easy updating of PER lines without complex spreadsheets or external tools.
EPS Data Input: Manual input of date and EPS via the text area; supports multiple data entries.
PER Multiplier Lines:
For evenly spaced lines, simply set the central multiplier and the interval between lines. The indicator automatically generates 11 lines (center ±5 lines).
For non-even spacing or individual multiplier settings, you can choose to adjust each line.
Close PER Labels: Displays the PER of the close price relative to the current EPS.
Timeframe Limitation: Use on daily charts (1D) or lower. PER lines cannot be displayed on higher timeframes.
Label Customization: Allows adjustment of text size, color, and position.
EPS Parsing: The indicator reads the input text area line by line, splitting each line by a comma to obtain the date and EPS value.
Data Storage: The dates and EPS values are stored in arrays. These arrays allow the script to efficiently look up the latest EPS for any given date.
PER Calculation: For each chart bar, the indicator calculates the theoretical price for multiple PER multipliers using the formula:
Theoretical Price = EPS × PER multiplier
Line Plotting: PER lines are drawn at these calculated price levels. Labels are optionally displayed for the close price PER.
Date Matching: If a date from the EPS data does not exist as a candlestick on the chart, the corresponding PER line is not plotted.
PER lines are theoretical values: They serve as psychological reference points and do not always act as true support or resistance.
Market Conditions: Lines may be broken depending on market circumstances.
Accuracy of EPS Data: Be careful with EPS input errors, as incorrect data will result in incorrect PER curves.
Input Format: Dates and EPS must be correctly comma-separated and entered one per line. Dates with no corresponding candlestick on the chart will not be plotted. Incorrect formatting may prevent lines from displaying.
Reliability: No method guarantees success in trading; use in combination with backtesting and other technical analysis tools.
このインジケータは、入力した日付とEPSデータを基に日経225のPER水準を視覚化するものです
複数のPER倍率ラインを描画することで、以下を把握するのに役立ちます：
PER倍率に基づく潜在的なサポート・レジスタンス水準や目安
現在の株価と理論上の評価水準との比較
過去から現在までのPER推移の観察
トレード判断:
株価が特定の倍率のPERラインに近づいたとき、抵抗や支持の目安としての活用
日中足表示時は、前日(最新日)のEPSに基づいたPERラインを表示するように作成しているので、場中でも参考目安として使用可能
評価分析:
過去の推移と比較して日経が割高か割安か、またはPER評価水準が変化したかの確認
リスク管理:
PERに基づく理論価格ラインを、損切りや利確の目安としての利用
簡単なデータ入力:
EPSデータはテキストエリアに手動入力。1行につき1日付・EPSをカンマ区切りで記入します
例
2025/09/19,2492.85
2025/09/18,2497.43
行を改行することで複数データ入力が可能
注意: チャート上にローソク足が存在しない日付のデータは表示されません
表計算や外部ツールを使わずに倍率を掛けたPERラインの作成・更新が簡単に行える
PER倍率ライン:
等間隔ラインの場合、中心倍率と各ラインの間隔を設定するだけで、自動的に中心値±5本、計11本のラインを作成
等間隔以外や個別設定したい場合は で調整可能
終値PERラベル: 現在のEPSに対する終値PERを表示
時間足制限: 日足(1日足)以下で使用すること。高い時間足ではPERラインは表示できません
ラベルカスタマイズ: 文字サイズ、色、位置を調整可能
EPSデータの読み取り: 改行を検知し1日分のデータとして識別し、カンマで分割して日付とEPS値を取得
配列への格納: 日付とEPSを配列に格納し、各バーに対して最新のEPSを参照できるようにする
PER計算: 各バーに対して、以下の式で複数のPER倍率の理論価格を計算：
理論価格 = EPS × PER倍率
日付照合: EPSデータの日付がチャート上にローソク足として存在したら格納した配列からデータを取得。ローソク足が存在しない場合、そのPERラインは表示されない
ライン描画: 計算した価格にPERラインを描画。必要に応じて終値PERラベルも表示。
PERラインは理論値であり心理的目安として機能することがありますが、必ずしも機能する訳ではない
その為、過去の検証や他のテクニカル指標と併用推奨
市況によってはラインを無視するように突破する可能性ことがある
EPSデータの入力ミスに注意すること。誤入力するとPER曲線が誤表示される
日付とEPSの入力は1行ずつ、正しい位置でカンマ区切りをいれること
ローソク足が存在しない日付のデータは正しく表示されないことがあるので注意
誤った入力形式ではラインが表示されない場合がある
HTF Swing High and Low pivotsIndicator plots the swing high and low point from the chosen time frame. Solid lines are active levels, dashed lines are broken levels. Levels can be seen on low timeframes. Stack of levels act as a magnet for price to move to (not always, but most of the time). Look for reversals in these areas.
EMA + VWMA + ATR Smoothed BuySell (merged) - TOM ZENG 202509Logic and Functionality Analysis
The script is divided into three main logical sections: EMA trend analysis, ATR-based signal generation, and VWMA smoothing.
1. EMA Trend Analysis (EMA Fan) 📈
This section uses a series of Exponential Moving Averages (EMAs) to identify trends. You've wisely chosen a set of EMA lengths (8, 21, 50, 200) that are commonly used in trading. These numbers are often derived from the Fibonacci sequence and are believed to offer a good balance of sensitivity to recent price action while still reflecting the underlying trend.
Purpose: The EMAs serve as dynamic support and resistance levels. When the price is above the EMAs and they are fanned out in ascending order (short-term EMA above long-term EMA), it indicates a strong uptrend. Conversely, a descending order indicates a downtrend.
Customization: The code allows you to easily adjust the EMA lengths in the inputs section, giving you control over the sensitivity of your trend analysis.
2. ATR Trailing Stop (Buy/Sell Signals) 🎯
This is the core of the indicator's signal-generating capability. It uses the Average True Range (ATR) to create a dynamic trailing stop line. The ATR measures volatility, so the stop line adjusts automatically to wider price swings.
Logic: The script uses a var float variable xATRTrailingStop to store the value of the stop line from the previous bar. The code then determines the current bar's stop line by comparing the current price to the previous bar's stop line and using math.max and math.min to smoothly move the line along with the trend.
Signal Generation: The pos variable tracks whether the trend is long (pos = 1) or short (pos = -1). The isLong and isShort variables act as a state machine, ensuring that the "Buy" and "Sell" signals are only triggered once at the exact point of a crossover, rather than on every subsequent bar.
Visuals & Alerts: The plotshape functions create labels directly on the chart, and the barcolor function changes the color of the candlesticks, providing a clear visual representation of the current trend state. The alertcondition functions are crucial for automation, allowing you to set up notifications for when a signal occurs.
3. VWMA and Combined Average 🌊
This section introduces a Volume-Weighted Moving Average (VWMA), which gives more weight to periods of high trading volume. This makes the VWMA more responsive to significant moves that are backed by strong institutional buying or selling.
Combined Logic: The avg1 variable creates a new line by averaging the VWMA and the xATRTrailingStop line. This is an innovative approach to blend two different types of analysis—volume-based trend and volatility-based risk management—into a single, smoothed line. It can act as an additional filter or a unique trading signal on its own.
Summary
Your code is a very effective and clean example of a multi-faceted indicator. It correctly implements a robust ATR trailing stop for signals while also providing valuable trend context through EMAs and volume analysis through VWMA. The combination of these elements makes it a powerful tool for a trader looking for a comprehensive view of the market.
Futures Playbook: VWAP + OR + Cross-Asset TellsFutures Playbook: VWAP + OR + Cross-Asset Tells (with Trade Messages + Coach Panel)
This all-in-one futures trading toolkit combines Opening Range (OR) levels, VWAP, and cross-asset signals to help traders quickly read intraday structure, manage execution, and filter noise.
Core Features
• Opening Range (OR):
• Customizable OR window with High/Low and Midpoint.
• Automatic shading of the OR zone.
• VWAP & Bands:
• Built-in or session-anchored VWAP.
• Optional standard deviation bands for context.
• Cross-Asset Tells:
• Live reads on US 10Y yield, DXY, Crude, and Gold.
• Regime detection: rates risk, USD strength, energy softness, and real-rate easing.
• Confirmations:
• Volume vs. moving average filter.
• Cumulative delta with smoothing.
• ATR-based chop filter to avoid low-quality trends.
Trade Messages + Coach Panel
• Trade Messages (labels): Automatic on-chart prompts for OR completion, VWAP reclaim/loss, long/short setups, and EU close flows.
• Coach Panel (table): Real-time dashboard with regime context, directional bias, execution notes, risk reminders, and key levels (ORH, ORL, VWAP).
Alerts
• OR breakout (long/short with confirmations).
• VWAP reclaim or loss.
• 10Y yield crossing risk threshold.
Use Case
Designed for futures traders and scalpers who rely on VWAP + OR dynamics and need cross-asset confirmation before committing to trades. Great for structuring entries, managing risk, and filtering market noise throughout the session.
Elite Entries Heikin Ashi Based PSARElite Entries — Heikin Ashi PSAR (MTF)
Purpose: precision entries that flow with trend.
Core idea: use Heikin-Ashi on a higher timeframe to drive a clean PSAR trend, auto-build support/resistance zones from PSAR flips, then only take retests of those zones or PSAR bounces that confirm on the next candle. Optional presets make it turnkey for NQ/ES/CL/GC and 0DTE indices.
What you get
MTF HA-PSAR trend with flip labels (Long/Short).
Dynamic zones drawn from each PSAR flip (choose Body, HA Wick, or ATR×).
Retest signals
Touch = any wick overlap with the active zone.
Confirmed = touch and close back out of the zone (default).
PSAR Bounce signals
Only after price touches but does not break the PSAR.
Fires on the next confirming candle (bull candle for buys, bear for sells).
Trend filter: when PSAR is long, only bullish signals plot; when short, only bearish (toggleable).
Cooldowns to avoid clustering.
Presets for instant deployment + a “One and Done” mode.
Presets (pick from the dropdown)
Default – full manual control of inputs.
Swing Master – same as Default, but MTF = 5m (great for 1m charts with 5m bias).
Instrument presets (1m charts):
NQ: MTF 3m, PSAR Max 0.20, Zones ATR×1.2
ES: MTF 5m, PSAR Max 0.16, Zones ATR×1.0
CL: MTF 3m, PSAR Max 0.22, Zones ATR×1.5
GC: MTF 5m, PSAR Max 0.14, Zones ATR×0.9
SPY 0DTE / QQQ 0DTE: MTF 3m, PSAR Max 0.18–0.20, Zones ATR×1.2
SPX 0DTE: MTF 5m, PSAR Max 0.16, Zones ATR×1.1
How entries work
PSAR Flip (info only): labels “Long/Short” mark bias changes on the MTF HA series.
Zone Retest (entry): after a flip creates a zone, look for a retest of that zone (Touch or Confirmed).
PSAR Bounce (entry): price must touch the PSAR without closing through it; the very next candle must confirm (bull for buy, bear for sell).
Trend filter (default ON) blocks counter-trend retests/bounces.
Key inputs (most used)
MTF Timeframe: blank = chart TF; set 3–5m on 1m charts.
PSAR Start/Increment/Max: 0.02/0.02/0.16–0.22 typical.
Zone Method:
Body = compact;
HA Wick = widest;
ATR× = adaptive (ATR Mult 0.9–1.5 common).
Retests: Style (Confirmed recommended), Cooldown (e.g., 2–15).
Bounces: next-bar confirm enforced; Cooldown 1–15.
Filter Retests & Bounces by PSAR Trend: ON by default.
Alerts
Use the built-in alert events:
HA PSAR Long / Short (flip information)
Bullish/Bearish Zone Retest
PSAR Bounce Buy/Sell
Create your TradingView alert and choose “Once per bar close” (recommended for reliability).
Best practices
Structure first, signal second. Prioritize Confirmed Retests of fresh zones; use Bounces as momentum adds.
Notes & Transparency
Signals are computed with request.security(..., lookahead=off) and fire on closed bars. PSAR flips update only when a new MTF bar starts. No future-bar peeking.
Zones persist and extend until replaced by a new flip.
12hr Breakout AlertsSends alert to email when previous 12hr candle high or low is taken
Can be factored in a turtle soup strategy when directional bias is established
Adaptive Average True RangeOANDA:XAUUSD OANDA:XAUUSD This indicator is based on the hypothesis that a candlestick exhibiting unusual movement, exceeding the maximum value of the Average True Range (ATR), signifies abnormally strong buying or selling pressure. These particular candlesticks are often followed by a retest. We can use Fibonacci levels to help measure the extent of these retests by drawing a box from the upper to the lower wick of the candlestick. The central box defaults to the 0.5 - 0.618 Fibonacci retracement levels, with dashed lines at the 0.382 and 0.732 levels.
The retest of the candlestick can be categorized into two patterns: a strong trend or a sideways market.
In the case of a strong trend, whether it is a downtrend or an uptrend, the retest often only reaches the box drawn on the wicks. However, sometimes it may only retest the 0.382 level for a downtrend or the 0.732 level for an uptrend. Infrequently, if the asset has sufficient volatility, the price may retest the box on the opposite side of the trend.
In the case of a market entering a sideways phase, whether it's a sideways down or sideways up, the price will typically retest the central box before determining its next direction.
This indicator also measures the standard deviation of the ATR to determine the maximum and minimum price movement, based on another hypothesis regarding "time for a move or time for a slow down," which is plotted as a background color.
Please use this indicator with caution, as it is based solely on a hypothesis.
VOID + DOM Forex Playbook (with Overlap)Overview: The DEC Playbook fuses two complementary execution modes for Forex trading into one clean framework:
VOID Stack (strict sniper): 15m chart, EMA 20/50 bias + liquidity sweep confirmation.
DOM OX Core (loose flow): 5m chart, EMA 10/30 crossovers + ATR breakout filter.
Overlap (conviction): When VOID and DOM align in the same direction, treat it as a conviction setup.
Features
VOID/DOM signals: Separate labels for strict sweeps (VOID) and momentum bursts (DOM).
Overlap highlight: Calls out conviction zones when both modes align.
Bias-first workflow: Designed to be used with Daily → 4H → 1H top-down bias.
FX coverage: Works on majors and gold (EUR/USD, GBP/USD, USD/JPY, XAUUSD).
Step-by-step guide
Set your bias (Daily → 4H → 1H)
Daily trend: Long-only if higher highs/lows; short-only if lower highs/lows.
4H levels: Mark prior highs/lows and session ranges as sweep targets.
1H session filter: Only trade in the session direction; if mixed, stand down.
Arm VOID (15m sniper)
Confirm: EMA 20 > 50 for longs (or < for shorts).
Require: Liquidity sweep of prior high/low within last 20 bars and a close back inside.
Enter: On the 15m close of the sweep bar in bias direction.
Risk/targets: Stop 10–15 pips beyond the sweep; TP1 20–30 pips, TP2 40–60 pips.
Check DOM (5m momentum)
Signal: EMA 10/30 crossover in trade direction.
Volatility: ATR breakout ≥ baseline (default 1.0).
Enter: On 5m close; use scout sizing.
Risk/targets: Stop 8–12 pips; TP 10–20 pips. Take quick profits.
Press Overlap (conviction)
Condition: A valid VOID signal with DOM aligning in the same direction within 1–3 bars.
Action: Use VOID entry/stop logic; increase size within risk ladder.
Management: Scale 50% at TP1; trail remainder under 15m swing for TP2.
Manage and exit
TP1 event: Scale 50%, move stop to breakeven + a couple pips.
Trail: For VOID/Overlap, trail under last 15m swing; for DOM, use fixed target.
Stop trading: Hit −3% daily or after a clean Overlap win—protect edge.
Risk and targets
VOID: Stop 10–15 pips; TP 20–40 pips (TP2 up to 60 pips on trend days).
DOM: Stop 8–12 pips; TP 10–20 pips.
Overlap: Stop 15–20 pips; TP 40–60 pips.
Risk ladder: 1–2% per trade; −3% daily stop; −8% weekly stop.
Sizing guidance: DOM = 0.25–0.5R scout; VOID = 1.0R standard; Overlap = 1.5–2.0R conviction.
Quick-start checklist
Bias: Daily/4H/1H aligned.
Level: Sweep candidate marked (VOID) or open space (DOM).
Trigger: VOID sweep + EMA bias OR DOM cross + ATR breakout.
Orders: Stop and targets placed immediately.
Discipline: No chasing mid-bar, no widening stops, journal every trade.
🔹 How to Apply in Practice
Start of day: Open Daily, 4H, 1H. Decide: Long, Short, or Neutral.
Write it down: “Bias = Long” (this keeps you accountable).
Drop to 15m/5m: Only take signals in that direction.
If bias is neutral: Trade light or skip the day.
✅ Bottom line: The indicator gives you triggers, but you supply the bias. Think of it like a Wall Street desk — the analyst sets the daily directional call, and the execution trader only pulls the trigger in that direction.
Disclaimer
This script is for educational purposes only and does not constitute financial advice or guarantee results. Forex trading involves significant risk and may not be suitable for all investors. Trade responsibly.
Victor_Indicator_DayTrade_Buy_SellIndicator for Buy and Sell for Day traders. Works best on 5 min chart.
Dynamic Gamma Inspired IndicatorDynamic Gamma Inspired Indicator
This indicator identifies potential market regime shifts between low-volatility (mean-reverting) and high-volatility (trending) environments by using a dynamic, volatility-adaptive framework inspired by options market gamma exposure concepts.
Core Concepts
This indicator uses a volatility-based model that mimics how market maker hedging can influence price stability and volatility. While it's not possible to calculate true Gamma Exposure (GEX) in Pine Script without external options data, this script uses the Average True Range (ATR) as a proxy to create dynamic zones that adapt to current market conditions.
Positive Gamma Environment (Green Background) When price is contained within the upper and lower walls, it suggests a period of stability where market makers' hedging may suppress volatility. In this "mean-reversion" regime, prices tend to revert to the central pivot.
Negative Gamma Environment (Orange Background) When price breaks outside the walls, it signals a potential increase in volatility, where hedging can amplify price moves. This "trend-amplification" regime suggests the potential for strong breakout or trend-following moves.
How It Works
The indicator is built on three key components that dynamically adjust to market volatility:
Dynamic Pivot (Blue Line) An Exponential Moving Average (EMA) acts as the central "zero gamma" pivot point.
Dynamic Walls (Red & Green Lines) These upper and lower bands are calculated by adding or subtracting a multiple of the Average True Range (ATR) from the central EMA pivot. This is similar to how Keltner Channels use ATR to create volatility-based envelopes. The walls expand during high volatility and contract during low volatility.
How to Use This Indicator
The indicator automatically plots signals based on the current market regime:
Mean-Reversion Signals (Inside the Walls)
Long Reversion: Appears when the price crosses up through the central pivot, suggesting a potential move toward the upper wall.
Short Reversion: Appears when the price crosses down through the central pivot, suggesting a potential move toward the lower wall.
Breakout Signals (Outside the Walls)
Long Breakout: Appears when the price breaks and closes above the upper wall, signaling the start of a potential uptrend.
Short Breakout: Appears when the price breaks and closes below the lower wall, signaling the start of a potential downtrend.
Customization
You can tailor the indicator to different assets and timeframes by adjusting the following inputs:
Central Pivot EMA Length: Determines the period for the central moving average.
ATR Length for Walls: Sets the lookback period for the Average True Range calculation.
ATR Multiplier for Walls: Adjusts the width of the channel. A larger multiplier creates wider walls, filtering out more noise but providing fewer signals.
Disclaimer: This indicator is a tool for analysis and should not be used as a standalone trading signal. Always use proper risk management and combine it with other analysis methods. Past performance is not indicative of future results.
Weekly GridWeekly Grid Indicator
What It Does
Weekly Grid tracks Sunday 4:00 PM to Monday 4:00 PM (UTC-7) price ranges and plots high/low horizontal lines with vertical period markers. Helps identify weekly support/resistance levels.
Key Features
Period: Sun 4PM - Mon 4PM (UTC-7)
Lines: 2px thick high/low levels with price labels
Verticals: Green lines marking period boundaries
Alerts: Price breaks above high/below low
Lookback: Adjustable historical periods (default 1000 bars)
Trading Applications
Breakouts: Trade breaks of weekly high/low
Range: Fade approaches to extreme levels
Support/Resistance: Use as key weekly pivots
Alerts: Get notified of level breaks
Best For
Day traders seeking weekly structure
Swing traders using weekly pivots
Anyone wanting Sunday-Monday momentum levels
Simple weekly levels. Clear trading signals.
Copy the Pine Script code, add to TradingView, and start trading the levels.
OID + DOM Options Playbook (Strict + Loose Execution Modes)Description: This script combines two complementary execution modes for options traders:
VOID Stack (strict sniper)
15m chart, EMA 20/50 bias filter
Liquidity sweep confirmation (lookback 20)
ATR filter OFF
Designed for high‑conviction setups (ATM contracts, 5–10 DTE, ~0.50 delta)
Dominion OX Core (loose flow)
5m chart, EMA 10/30 crossovers
ATR breakout filter ON (1.0 baseline)
Sweep OFF (breakout‑based logic)
Designed for frequent momentum trades (OTM contracts, 1–3 DTE, ~0.30–0.40 delta)
Overlap (conviction trades)
When VOID + DOM align in the same direction
ATM contracts, 7–10 DTE, conviction sizing
📊 Features
Plots VOID and DOM signals separately
Highlights overlap zones for conviction trades
Labels include suggested contract type, delta, and DTE window
Underlying TP/SL levels plotted for context
Works on any optionable underlying (SPY, QQQ, TSLA, F, NIO, etc.)
🎯 How to Use
Load two instances of the script:
VOID Stack on 15m
Dominion OX Core on 5m
Follow the signal rules:
VOID = strict, rare, high‑conviction setups
DOM = frequent, smaller‑size momentum trades
Overlap = conviction trades (press size)
Select contracts based on mode:
VOID → ATM, 5–10 DTE
DOM → OTM, 1–3 DTE
Overlap → ATM, 7–10 DTE
Manage risk with % stops on premium (VOID −20/25%, DOM −15/20%, Overlap −25%).
📊 Options Terminology Breakdown
DTE (Days to Expiration)
Definition: How many calendar days remain until the option contract expires.
Usage in Playbook:
VOID strict: 5–10 DTE (safer, less decay, smoother premium).
DOM loose: 1–3 DTE (cheaper, faster movers, more decay).
Overlap: 7–10 DTE (conviction trades, balance of juice + safety).
ATM (At The Money)
Definition: Strike price is closest to the current stock price.
Delta: ~0.50 (moves about $0.50 for every $1 move in the stock).
Usage in Playbook:
VOID strict: ATM contracts for directional conviction.
Overlap: ATM contracts with size for conviction trades.
OTM (Out of The Money)
Definition: Strike price is away from the current stock price.
Example: Stock at $10 → $12 call or $8 put = OTM.
Delta: ~0.30–0.40 (moves less per $1 move, but cheaper).
Usage in Playbook:
DOM loose: OTM contracts for quick bursts and cheap entries.
✅ Quick Reference Table
Term Meaning Delta Range Best For
DTE Days to Expiration N/A VOID = 5–10, DOM = 1–3, Overlap = 7–10
ATM At The Money (strike ≈ stock price) ~0.50 VOID strict & Overlap
OTM Out of The Money (strike away from stock price) ~0.30–0.40 DOM loose
⚡ Bottom line:
VOID = ATM, 5–10 DTE
DOM = OTM, 1–3 DTE
Overlap = ATM, 7–10 DTE
⚠️ Disclaimer
This script is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a guarantee of results. Options trading involves significant risk and is not suitable for all investors. Always do your own research and trade responsibly.
Monday's Range Superpowerkyu🔔 Settings
You can customize the colors and toggle ON/OFF in the indicator settings.
Works on daily, hourly, and minute charts.
Easily visualize Monday’s high, low, and mid-line range.
📌 1. Support & Resistance with Monday’s Range
Monday High: Acts as the first resistance of the week.
◽ Example: If price breaks above Monday’s high after Tuesday, it signals potential bullish continuation → long setup.
Monday Low: Acts as the first support of the week.
◽ Example: If price breaks below Monday’s low, it signals bearish continuation → short setup.
📌 2. Mid-Line Trend Confirmation
Monday Mid-Line = average price of Monday.
Price above mid-line → bullish bias.
Price below mid-line → bearish bias.
Use mid-line breaks as entry confirmation for long/short positions.
📌 3. Breakout Strategy
Break of Monday’s High = bullish breakout → long entry.
Break of Monday’s Low = bearish breakout → short entry.
Place stop-loss inside Monday’s range for a conservative approach.
📌 4. False Breakout Strategy
If price breaks Monday’s high/low but then falls back inside Monday’s range, it is a False Breakout.
Strategy: Trade in the opposite direction.
◽ False Breakout at High → short.
◽ False Breakout at Low → long.
Stop-loss at the wick (extreme point) of the failed breakout.
📌 5. Range-Based Scalping
Use Monday’s high and low as a trading range.
Sell near Monday’s High, buy near Monday’s Low, repeat until breakout occurs.
📌 6. Weekly Volatility Forecast
Narrow Monday range → higher chance of strong trend later in the week.
Wide Monday range → lower volatility expected during the week.
📌 7. Pattern & Trend Analysis within Monday Range
Look for candlestick patterns around Monday’s High/Low/Mid-Line.
◽ Example: Double Top near Monday’s High = short setup.
◽ Repeated bounce at Mid-Line = strong long opportunity.
✅ Summary
The Monday’s Range (Superpowerkyu) Indicator helps traders:
Identify weekly support & resistance
Confirm trend direction with Mid-Line
Trade breakouts & false breakouts
Apply range scalping strategies
Forecast weekly volatility
⚡ Especially, the False Breakout strategy is powerful as it captures failed moves and sudden sentiment reversals.
A M T Transaction v2An indicator that assists in decision-making regarding whether to sell or buy through multiple timeframes, relying entirely on numbers and artificial intelligence. Additionally, this script draws breakout detection zones called “Smart Money Breakout Channels” based on volatility-normalized price movement and visualizes them as dynamic boxes with volume overlays. It identifies temporary accumulation or distribution ranges using a custom normalized volatility metric and tracks when price breaks out of those zones—either upward or downward. Each channel represents a structured range where smart money may be active, helping traders anticipate key breakouts by providing context from volume delta, up/down volume, and a visual gradient gauge for momentum bias.
Breakout Probability BBto identify breakout using BB RSI and Volume
Will help traders to identify the breakout
1H High/Low Break (Auto Color Change + Alert)1H High/Low Break (Auto Color Change + Alert)
Automatically plot hourly highs and lows, with the black line turning blue upon a breakout. Set an alarm to alert you when a breakout occurs, saving you considerable effort.
Candle de Reversão//@version=5
indicator("Candle de Reversão", overlay=true)
// Condição de reversão
bullish_reversal = close > open and close < open and close > high
bearish_reversal = close < open and close > open and close < low
// Pintando o candle
barcolor(bullish_reversal ? color.green : bearish_reversal ? color.red : na)
