Average Daily Range TrackerAverage Daily Range Tracker
This indicator helps you measure volatility in real time by tracking the Average Daily Range (ADR) and comparing it to the current day’s price action.
🔑 Features
Calculates the ADR over a user-defined lookback period (default = 14 days).
Displays today’s developing range (High–Low) as the session unfolds.
Shows what % of the ADR has already been consumed intraday.
Visual progress bar makes it easy to see how close today is to its historical average range.
Optional ADR plot available in a separate pane.
📈 How traders use it
Spot when a market has already made its “typical” daily move.
Adjust intraday trade expectations: avoid chasing after the bulk of the move is done.
Use % of ADR consumed as a volatility filter for setups.
Combine with support/resistance to identify exhaustion zones.
⚙️ Customization
Lookback length for ADR calculation.
Progress bar size and color.
Optional toggle to plot ADR in its own panel.
指標和策略
TAPDA Vision by TSINCHRONISE ft Grok This is the newly created TAPDA vision indictor 🔮
This time I used Grok to make the entire thing, It currently is working but I am refining and will be upgrading some features.
For now it can carry out a number of important tasks for TAPDA traders :
-Highlights FVGs that haven't been tapped within customizable size an time parameters
-Highlights OBs that haven't been tapped within customizable size an time parameters
-Has Option to Highlight PD Arrays in for 3 different specific times of day (optional)
-Has a Dynamic Highlight function which will highlight untapped PD arrays which were formed in the current hour you are using the indicator and adjusts every hour automatically
This is a work in progress but is useable - Updates to come.
VXN Smart Money ConceptsThis indicator is based on other open source scripts. It's designed specifically for Nasdaq futures contracts (NQ and MNQ). It implements Smart Money Concepts (SMC) tools including internal and swing market structures, order blocks, equal highs/lows, fair value gaps, premium/discount zones, and multi-timeframe highs/lows.
The indicator overlays these elements on the chart to help identify potential reversal and continuation points in the market.
A key feature is the integration of the VXN (CBOE Nasdaq Volatility Index) to provide directional bias through background coloring:
- Green background: Indicates a bullish VXN trend (short-term EMA below long-term SMA), suggesting lower volatility and potential upward momentum. Users should prioritize bullish breakout signals (e.g., Bullish BOS or CHoCH) in this condition.
- Red background: Indicates a bearish VXN trend (short-term EMA above long-term SMA), suggesting higher volatility and potential downward pressure. Users should prioritize bearish breakout signals (e.g., Bearish BOS or CHoCH) in this condition.
Always align breakout signals from structures (BOS/CHoCH) and order blocks with the VXN direction for higher probability trades. For example, take long positions on bullish breakouts only during green backgrounds, and short positions on bearish breakouts only during red backgrounds.
Bitcoin: The Golden Ratio Multiplier advanced with Z-scoreWhat this does: We took the classic Golden Ratio / 350DMA idea and ported it to TradingView, then standardized it with a single Z-score. The three core bands are the 350DMA multiples (1.0×, 1.6×, 2.0×). We define their Z values and add two outer bands to complete a 5-level scale:
0.625× 350DMA → Z = +2
1.0× 350DMA → Z = +1
1.6× 350DMA → Z = 0 (golden-ratio mid)
2.0× 350DMA → Z = −1
2.5× 350DMA → Z = −2
How the Z-score is computed:
We take the **price-to-350DMA ratio**, locate it **between the two nearest bands**, and then measure its **position on a log scale** (because the bands are multiplicative). That position is **linearly mapped** so each band-to-band step equals **1 Z unit**: 0.625×→1.0×→1.6×→2.0×→2.5× becomes **+2 → +1 → 0 → −1 → −2**. If price sits **outside** the outer bands, the Z-score simply **extends past ±2** (optionally clamped in settings). Positive Z means price is **below** the 1.6× mid; negative Z means it’s **above** the 1.6× mid.
High/Low Break last 3 candles with trend filterThe indicator generates a triangle symbol when the high/low of the last three candles has been exceeded or fallen below the close of the candle. Three EMAs (9, 21 and 50) are used as trend filters.
Note: I do not provide any guarantee or warranty. Use of the indicator is at your own risk. By using the indicator, you agree to this condition.
ConeWave MACoRa Wave is a custom-weighted moving average designed to adapt intelligently to market dynamics. It builds upon the foundational logic of the Comp_Ratio_MA by @redktrader, incorporating a compound ratio-based weighting curve that emphasizes recent price action while preserving smoothness and structure with pinescript version 6.
This version introduces modular enhancements, including:
A Comp Ratio Multiplier for fine-tuned responsiveness
Optional Auto Smoothing based on wave length
Streamlined plotting for clarity and performance
Whether you're confirming market structure, identifying trend shifts, or seeking a cleaner alternative to noisy indicators, CoRa Wave offers a visually intuitive and mathematically elegant solution.
🛠 Reimagined by @atulgalande75 — optimized for traders who value precision, adaptability, and clean charting. Original concept by @redktrader.
GRANDEMOMENTUMBIST100)“BIST100 Momentum & Trend Strength”
This indicator combines a trend filter (EMA) with momentum (RSI) to color candlesticks and highlight potential shifts in market conditions.
Green candles → Trend and momentum aligned upward (bullish).
Red candles → Trend and momentum aligned downward (bearish).
Gray candles → Mixed/neutral conditions.
It also marks the first bar where candles turn gray (“BUY”) or red (“SELL”), giving visual alerts directly on the chart.
Adaptive Valuation [BackQuant]Adaptive Valuation
What this is
A composite, zero-centered oscillator that standardizes several classic indicators and blends them into one “valuation” line. It computes RSI, CCI, Demarker, and the Price Zone Oscillator, converts each to a rolling z-score, then forms a weighted average. Optional smoothing, dynamic overbought and oversold bands, and an on-chart table make the inputs and the final score easy to inspect.
How it works
Components
• RSI with its own lookback.
• CCI with its own lookback.
• DM (Demarker) with its own lookback.
• PZO (Price Zone Oscillator) with its own lookback.
Standardization via z-score
Each component is transformed using a rolling z-score over lookback bars:
z = (value − mean) ÷ stdev , where the mean is an EMA and the stdev is rolling.
This puts all inputs on a comparable scale measured in standard deviations.
Weighted blend
The z-scores are combined with user weights w_rsi, w_cci, w_dm, w_pzo to produce a single valuation series. If desired, it is then smoothed with a selected moving average (SMA, EMA, WMA, HMA, RMA, DEMA, TEMA, LINREG, ALMA, T3). ALMA’s sigma input shapes its curve.
Dynamic thresholds (optional)
Two ways to set overbought and oversold:
• Static : fixed levels at ob_thres and os_thres .
• Dynamic : ±k·σ bands, where σ is the rolling standard deviation of the valuation over dynLen .
Bands can be centered at zero or around the valuation’s rolling mean ( centerZero ).
Visualization and UI
• Zero line at 0 with gradient fill that darkens as the valuation moves away from 0.
• Optional plotting of band lines and background highlights when OB or OS is active.
• Optional candle and background coloring driven by the valuation.
• Summary table showing each component’s current z-score, the final score, and a compact status.
How it can be used
• Bias filter : treat crosses above 0 as bullish bias and below 0 as bearish bias.
• Mean-reversion context : look for exhaustion when the valuation enters the OB or OS region, then watch for exits from those regions or a return toward 0.
• Signal confirmation : use the final score to confirm setups from structure or price action.
• Adaptive banding : with dynamic thresholds, OB and OS adjust to prevailing variability rather than relying on fixed lines.
• Component tuning : change weights to emphasize trend (raise DM, reduce RSI/CCI) or range behavior (raise RSI/CCI, reduce DM). PZO can help in swing environments.
Why z-score blending helps
Indicators often live on different scales. Z-scoring places them on a common, unitless axis, so a one-sigma move in RSI has comparable influence to a one-sigma move in CCI. This reduces scale bias and allows transparent weighting. It also facilitates regime-aware thresholds because the dynamic bands scale with recent dispersion.
Inputs to know
• Component lookbacks : rsilb, ccilb, dmlb, pzolb control each raw signal.
• Standardization window : lookback sets the z-score memory. Longer smooths, shorter reacts.
• Weights : w_rsi, w_cci, w_dm, w_pzo determine each component’s influence.
• Smoothing : maType, smoothP, sig govern optional post-blend smoothing.
• Dynamic bands : dyn_thres, dynLen, thres_k, centerZero configure the adaptive OB/OS logic.
• UI : toggle the plot, table, candle coloring, and threshold lines.
Reading the plot
• Above 0 : composite pressure is positive.
• Below 0 : composite pressure is negative.
• OB region : valuation above the chosen OB line. Risk of mean reversion rises and momentum continuation needs evidence.
• OS region : mirror logic on the downside.
• Band exits : leaving OB or OS can serve as a normalization cue.
Strengths
• Normalizes heterogeneous signals into one interpretable series.
• Adjustable component weights to match instrument behavior.
• Dynamic thresholds adapt to changing volatility and drift.
• Transparent diagnostics from the on-chart table.
• Flexible smoothing choices, including ALMA and T3.
Limitations and cautions
• Z-scores assume a reasonably stationary window. Sharp regime shifts can make recent bands unrepresentative.
• Highly correlated components can overweight the same effect. Consider adjusting weights to avoid double counting.
• More smoothing adds lag. Less smoothing adds noise.
• Dynamic bands recalibrate with dynLen ; if set too short, bands may swing excessively. If too long, bands can be slow to adapt.
Practical tuning tips
• Trending symbols: increase w_dm , use a modest smoother like EMA or T3, and use centerZero dynamic bands.
• Choppy symbols: increase w_rsi and w_cci , consider ALMA with a higher sigma , and widen bands with a larger thres_k .
• Multiday swing charts: lengthen lookback and dynLen to stabilize the scale.
• Lower timeframes: shorten component lookbacks slightly and reduce smoothing to keep signals timely.
Alerts
• Enter and exit of Overbought and Oversold, based on the active band choice.
• Bullish and bearish zero crosses.
Use alerts as prompts to review context rather than as stand-alone trade commands.
Final Remarks
We created this to show people a different way of making indicators & trading.
You can process normal indicators in multiple ways to enhance or change the signal, especially with this you can utilise machine learning to optimise the weights, then trade accordingly.
All of the different components were selected to give some sort of signal, its made out of simple components yet is effective. As long as the user calibrates it to their Trading/ investing style you can find good results. Do not use anything standalone, ensure you are backtesting and creating a proper system.
Ribbon — multi-MA trend bandsRibbon paints five translucent bands between six moving averages to visualize trend structure and regime at a glance. You can choose the MA type (EMA/SMA/WMA), customize lengths, and switch the coloring logic between an anchor-based mode and strict alignment.
What it shows
Six MAs on the current timeframe (defaults: 5 / 34 / 55 / 89 / 144 / 233).
Five bands filled between consecutive MAs:
5–34, 34–55, 55–89, 89–144, 144–233.
Optional plotting of MA lines (hidden by default to keep the chart clean).
Coloring modes
1. By EMA233 (Anchor mode)
Each band is colored Up or Down by comparing its upper MA to the anchor (the 6th MA in inputs, default length 233).
If MA > anchor → Up color (supportive regime).
If MA < anchor → Down color (resistive regime).
2. By Alignment
All bands share one color depending on strict ordering:
Up if MA1 > MA2 > MA3 > MA4 > MA5 > MA6
Down if MA1 < MA2 < MA3 < MA4 < MA5 < MA6
Gray otherwise (no clean alignment).
Inputs (key)
MA Type : EMA / SMA / WMA (applies to all six MAs).
MA 1…MA 6 (anchor) : lengths for each average (defaults form a classic ribbon up to 233).
Up/Down colors : band palette.
Base transparency / step : controls band opacity gradient (top band uses Base, each next band adds Step).
Show MA lines + Lines transparency : optionally draw the six MA curves.
How to read it
Directional bias : when most bands are green (anchor mode) or the whole ribbon is green (alignment mode), momentum favors the upside; red implies downside pressure.
Quality of trend : a persistent alignment (all ordered) signals a cleaner trend. Mixed/gray suggests chop or transition.
Pullback zones : price returning toward inner bands can mark areas to watch for continuation vs. failure.
Implementation notes
No higher-timeframe data, no lookahead — this is a non-repainting, current-TF visualization.
Bands still render even when MA lines are hidden (the script uses hidden plot anchors under the hood).
This is an indicator , not a strategy — it does not open/close trades or calculate P&L.
Disclaimer
This script is for educational and informational purposes only and does not constitute financial advice. Always test on historical data and manage risk appropriately.
VXN SupertrendThis indicator is based on other open source scripts. It's designed for Nasdaq futures (NQ or MNQ). It generates Supertrend-based buy/sell signals, filtered by the VXN index direction to eliminate signals that do not align with the VXN trend (bullish or bearish).
NY Open 15-Minute Range - Current Day OnlyV1.0
This script shows the NY opening range for the first 15 min overlayed on the chart. This is only for the current day.
Trend Strength Confidence Gauge LiteMost traders don’t fail from bad charts — they fail from bad timing. Jumping in too early, bailing too soon, or freezing when the move finally comes.
The Trend Strength Confidence Meter strips away the noise and highlights the three factors that matter most:
Trend → The confirmed direction of the market
Confidence → Concise tool clarity providing quick entries
Strength → Strength Score shows the underlying battle between buyers and sellers
How to Use It:
Watch the Moving Average Ribbon (Hull MA) for a flip: green = uptrend, red = downtrend.
Act only when ribbon color matches the Confidence thumbs-up.
Confirm with Strength 3+ before entry.
When trend, confidence, and strength align, you reduce risk and step in at tighter entry points — giving clarity for entries and conviction to hold through stronger moves.
Advanced Indicators Made Simple — Provided by The AI Trading Desk
Market Reversal Time HighlightsThis indicator marks the times when the market has an inflection or reversal.
This script is customizable and free to use
Fractal High/Low/Mid MTF (3 Timeframes)Multi Time Frame Fractal High/Low/Midlines
Note:
No guarantee or warranty. Use at your own risk. Happy trading.
OSOK KatxumotoThe OSOK Dynamic Box Enhanced is designed for scalpers and traders using the OSOK (One Shot, One Kill) method on futures like the NQ.
Features include:
A midline that dynamically follows the current price in real-time.
Upper (LS) and lower (LI) protection lines at configurable distances from the current price, representing stop or protection levels.
Target lines offset from LS and LI according to your risk/reward strategy, also fully configurable.
Customizable colors and thickness for all lines, allowing you to adapt the visualization to your trading style.
All lines automatically extend to the right from the current price, keeping the chart clean without accumulating old lines.
This indicator helps traders quickly visualize key levels, manage risk, and set objectives efficiently—perfect for scalping and high-precision setups.
Configurable parameters:
Protection distance (LS/LI) in points
Target distance from LS/LI in points
Line colors and thickness
Line extension to the right
Estrategia REGLA DE OROit is an indicator that allows you to design the nearest support and resistance + buy and sell alert.
Candle Range Theory 4H Blocks (New York Time)This is a script to those who mess up the CRT, Candle Range Theory, times to trade Forex and CFDs. It is simple and effective.
10 AM Reversal/Continuation Zone BY DAN GESPlots the high and low between 9.30 - 10:00am ET
Colours the zone between those two levels.
Highlights when price breaks above or below that zone after 10:00am
فلتر EMA 20/50/200 - صعودي فقط//@version=5
indicator("فلتر EMA 20/50/200 - صعودي فقط", overlay=true)
// مدخلات
lenFast = input.int(20, "EMA Fast")
lenSlow = input.int(50, "EMA Slow")
lenTrend = input.int(200,"EMA 200")
// حساب المتوسطات
emaFast = ta.ema(close, lenFast)
emaSlow = ta.ema(close, lenSlow)
emaTrend = ta.ema(close, lenTrend)
// ميل EMA200
slopeBars = input.int(5, "عدد الشموع لميل EMA200")
emaTrendSlope = emaTrend - emaTrend
// شروط الفلتر
trendUp = close > emaTrend and emaFast > emaSlow and emaSlow > emaTrend and emaTrendSlope > 0
bullCross = ta.crossover(emaFast, emaSlow)
// إشارة الفلتر
longFilter = trendUp and bullCross
// عرض على الشارت
plot(emaFast, color=color.orange, title="EMA20")
plot(emaSlow, color=color.blue, title="EMA50")
plot(emaTrend, color=color.green, title="EMA200")
plotshape(longFilter, title="فلتر شراء", style=shape.labelup,
text="✅ فلتر صعودي", color=color.green, location=location.belowbar, size=size.tiny)
// إخراج بوول (للإكسيل أو فرز الرموز في Screener)
filterOutput = longFilter ? 1 : 0
plotchar(filterOutput, char="●", color=longFilter ? color.green : na, title="فلتر فعّال")
VXN MACDThis indicator is based on other open source scripts. It's designed for Nasdaq futures (NQ or MNQ). It is a MACD indicator that generates buy/sell signals based on MACD crossovers, filtered by the VXN index direction to align with bullish or bearish trends.
Indian market session on Gift Nifty chartsGift Nifty Market Session Highlighter
This indicator highlights the official Indian market session on Gift Nifty charts — from 9:15 AM to 3:30 PM IST. It shades the background during this time window so traders can instantly identify when the local market is open.
Features:
Marks 9:15 AM to 3:30 PM (IST) session on intraday charts.
Adjustable highlight color and transparency.
Works seamlessly across lower timeframes (1m, 5m, 15m, etc.).
Helps traders align Gift Nifty activity with NSE market hours.
Use Cases:
Quickly distinguish active market hours from overnight or global sessions.
Backtest trading strategies specific to Indian session volatility.
Improv
e focus on expiry-day setups and intraday opportunities.
Disclaimer:
This tool is provided for educational and informational purposes only. It is not financial advice, nor does it guarantee trading success. Always do your own research and consult a licensed financial professional before making investment decisions.
MACD + RSI/MA Signals with 200 EMA (Overlay)How It’s Built
MACD Line = EMA(12) – EMA(26)
→ Short-term vs. medium-term momentum.
Signal Line = EMA(9) of MACD Line
→ Smooths things out.
Histogram = MACD Line – Signal Line
→ Visual "energy gauge" showing momentum strength.
What It Actually Tells You
Crossover Signals
MACD Line crosses above Signal Line → Bullish shift (momentum turning up).
MACD Line crosses below Signal Line → Bearish shift (momentum turning down).
⚠️ But: crossovers lag price. On their own, they’re late.
Zero Line Relevance
Above Zero → Trend bias is bullish (short-term EMA > long-term EMA).
Below Zero → Trend bias is bearish.
Crosses through zero often align with bigger trend changes.
Histogram Use
Expanding histogram = momentum strengthening.
Shrinking histogram = momentum weakening (trend may be stalling).
Flips from positive to negative (or vice versa) often precede crossovers.
Divergences
Price makes a new high, but MACD doesn’t → momentum is fading → possible reversal.
Same idea for lows.
Where Traders Go Wrong
Using it alone. It’s a confirmation tool, not an entry machine.
Misreading every crossover as a trade. Many are just noise, especially on low timeframes.
Forgetting market context — MACD works best in trending markets, not chop.
Best Way to Use It
With trend structure + support/resistance:
→ E.g., you’re eyeing a BTC bounce long. If MACD histogram turns from negative to positive while price defends support, that’s confirmation, not a blind buy.
For momentum timing:
→ Ride trends longer if histogram stays strong. Scale out when it weakens.
Divergence spotting:
→ Early heads-up that a reversal is brewing.
Strat Failed 2-Up/2-Down Scanner v2**Strat Failed 2-Up/2-Down Scanner**
The Strat Failed 2-Up/2-Down Scanner is designed for traders using The Strat methodology, developed by Rob Smith, to identify key reversal patterns in any market and timeframe. This indicator detects two specific candlestick patterns: Failed 2-Up (bearish) and Failed 2-Down (bullish), which signal potential reversals when a directional move fails to follow through.
**What It Does**
- **Failed 2-Up**: Identifies a bearish candle where the low and high are higher than the previous candle’s low and high, but the close is below the open, indicating a failed attempt to continue an uptrend. These are marked with a red candlestick, a red downward triangle above the bar, and a table entry.
- **Failed 2-Down**: Identifies a bullish candle where the high and low are lower than the previous candle’s high and low, but the close is above the open, signaling a failed downtrend. These are marked with a green candlestick, a green upward triangle below the bar, and a table entry.
- A table in the top-right corner displays the signal type ("Failed 2-Up" or "Failed 2-Down") and the ticker symbol for quick reference.
- Alerts are provided for both patterns, making the indicator compatible with TradingView’s screener for automated scanning.
**How It Works**
The indicator analyzes each candlestick’s high, low, and close relative to the previous candle:
- Failed 2-Up: `low > low `, `high > high `, `close < open`.
- Failed 2-Down: `high < high `, `low < low `, `close > open`.
When these conditions are met, the indicator applies visual markers (colored bars and triangles) and updates the signal table. Alert conditions trigger notifications for integration with TradingView’s alert system.
**How to Use**
1. Apply the indicator to any chart (stocks, forex, crypto, etc.) on any timeframe (e.g., 1-minute, hourly, daily).
2. Monitor the chart for red (Failed 2-Up) or green (Failed 2-Down) candlesticks with corresponding triangles.
3. Check the top-right table for the latest signal and ticker.
4. Set alerts by selecting “Failed 2-Up Detected” or “Failed 2-Down Detected” in TradingView’s alert menu to receive notifications (e.g., via email or app).
5. Use the signals to identify potential reversal setups in conjunction with other Strat-based analysis, such as swing levels or time-based strategies.
**Originality**
Unlike other Strat indicators that may focus on swing levels or complex candlestick combinations, this scanner specifically targets Failed 2-Up and Failed 2-Down patterns with clear, minimalist visualizations (bars, triangles, table) and robust alert functionality. Its simplicity makes it accessible for both novice and experienced traders using The Strat methodology.
**Ideal For**
Day traders, swing traders, and scalpers looking to capitalize on reversal signals in trending or ranging markets. The indicator is versatile for any asset class and timeframe, enhancing trade decision-making with The Strat’s pattern-based approach.