Market Sell-Off GaugeOVERVIEW
The Market Sell‑Off Gauge identifies high‑conviction, risk‑off entry opportunities by detecting broad market sell‑off behavior and rising stablecoin dominance, then confirming risk‑off sentiment via NDX weakness, VIX spikes, and elevated volume. It uses fuzzy logic and sigmoid scaling to convert raw signals into a smooth, bounded metric.
FEATURES
Sell‑Off Detection - calculates percentage drops in the primary asset over a user‑defined lookback.
Stablecoin Dominance Surge - tracks combined USDT/USDC dominance rises as a proxy for on‑chain “flight to safety.”
Macro Confirmation
NDX Weakness (NASDAQ‑100)
VIX Spikes (CBOE Volatility Index)
Elevated Volume on declining bars
Fuzzy Logic & Scaling - component values feed into a fuzzy‑logic membership scor and are passed through a sigmoid compressor (–1 to +1). Weighted aggregation derives the final result of the gauge (or metric).
VISUALISATION
Continuous line plot - Smoothed metric (–1 to +1), colored cold‑to‑warm.
Entry circles - Highlighted when all conditions (fuzzy or crisp) are met after the time offset.
Time‑Offset marker - Vertical line/label showing the user‑specified “start” bar.
Component table - Displays real‑time % changes & volume multiples in the lower right of the indicator.
USAGE
Asset drop % - The threshold percent decline to register a sell‑off.
Stables rise % - The threshold percent increase in stablecoin dominance to qualify as a “flight to safety.”
NDX drop % - The threshold percent decline in the NASDAQ‑100 for macro confirmation.
VIX rise % - The threshold percent increase in VIX. Contributes to risk‑off validation.
Volume Multiplier - Defines how many times above SMA volume must rise to confirm conviction.
Lookback Period - Controls the number of bars over which % changes are measured.
Time Offset - Point in time beyond which bars to “fade” historical signals, enables focus on recent data only.
Fuzzy Logic Settings - Enables fuzzy scoring and set membership threshold & sensitivity.
Weights - allows for adjusting the relative importance of each component (Asset, Stables, NDX, VIX, Volume).
Sigmoid Steepness (k) - Controls curve steepness for compression (0.1 = very flat → 5.0 = very sharp S‑curve).
Chart & settings
Best applied on 4H or Daily BTCUSD (or similar) charts to capture meaningful sell‑off events.
Combine with broader trend filters (e.g., moving averages) for trend‑aligned entries.
Adjust Sigmoid Steepness and Membership Sensitivity to fine‑tune signal crispness vs. smoothness. Refer to tooltips.
Disclaimer
This indicator is intended for educational purposes only. Always perform your own due diligence before making financial decisions.
樞軸點和水平
Option Range Projector PRO (with Alerts)Indicator Name: Option Range Projector PRO (with Alerts)
Short Description
This is a powerful and flexible tool for traders that visualizes expected price movement ranges based on option pricing principles and statistical deviations. The indicator plots standard deviation levels (Sigmas) and boundaries calculated from the price of an options Straddle, providing a unique insight into market volatility expectations.
It is ideal for options traders, as well as those who trade futures or spot assets and want to gain an edge by understanding where the market anticipates price boundaries on a specific date.
Core Concepts
The indicator is based on three key ideas:
Standard Deviation (Sigma, σ): In statistics, this is a measure of value dispersion. In trading, when applied to prices, standard deviation levels show the probable range within which the price is expected to remain until a specific date (expiration).
±1σ (1 Sigma): Approximately 68.2% probability that the price will stay within this range.
±2σ (2 Sigmas): Approximately 95.4% probability. These levels often act as strong support/resistance.
±3σ (3 Sigmas): Approximately 99.7% probability. Reaching these levels is a statistically rare event.
Implied Volatility (IV): This is a key component. IV is the market's forecast of the asset's future volatility. It is derived from current option prices and reflects how significant the price movements are expected to be by traders. The higher the IV, the wider the calculated ranges will be.
Straddle-Based Levels: A straddle is an options strategy involving the simultaneous purchase of a Call and a Put option with the same strike price and expiration date. The cost of this combination (Call + Put) directly reflects the market's expected price movement in points. Our indicator uses this value to construct alternative, highly accurate boundaries of the expected range.
Key Features
Flexible Expiration Choice: Easily switch between standard contracts (Weekly, Monthly, Quarterly) or set any custom number of days to expiration (DTE).
Dual Volatility Calculation Mode: Use automatic calculation based on historical data or enter a precise IV value manually (e.g., from your broker's terminal) for maximum accuracy.
Two Types of Predictive Levels: Visualize classic standard deviations (Sigmas) and/or levels calculated from the Straddle price for a comprehensive analysis.
Expiration Comparison: Enable the display of additional levels for a different expiration date to visually compare short-term and long-term market expectations.
"Greeks" Calculation: The indicator calculates and displays key option Greeks (Delta, Gamma, Theta, Vega), helping to deepen the understanding of an option position's characteristics.
Informative Table: All key data—ATM price, IV, DTE, level prices, Greeks, and option prices—are consolidated into one clear table for quick analysis.
Customizable Alerts: Get instant notifications directly in TradingView when the price crosses any of the important levels (±1σ, ±2σ, ±3σ).
Full Visual Customization: Control colors, line thickness, labels, and zone fills to adapt the indicator to your trading style.
How to Use (Settings)
Price Settings:
Auto-detect ATM Price: When enabled, the indicator will use the current closing price as the At-The-Money (ATM) price.
Manual ATM Price: If auto mode is disabled, you can set a precise ATM price manually.
Volatility Settings:
Auto-calculate IV: Calculates historical volatility over a specified period. Useful if you don't have access to real-time IV.
Manual IV Value: (Recommended for accuracy). Enter the Implied Volatility (IV) value for the desired strike from your brokerage terminal or analytical services here.
Expiration:
Contract Type: Choose one of the standard terms (Weekly, Monthly, Quarterly) or "Custom" to use a manual day input.
Days to Expiration: Active only for the "Custom" type.
Show Multiple Expirations: Enables a second set of levels with a different term for comparison.
Straddle Boundaries:
Use Manual Input: Allows you to enter the precise Call and Put Settle prices from the official exchange summary (e.g., from the CME website). This provides the most accurate boundaries based on real market prices.
Trading Ideas and Application
Mean Reversion Trading: The ±2σ and ±3σ levels often act as strong overbought/oversold zones. A price reaching these extreme values has a high statistical probability of reversing or correcting back towards the central ATM price.
Trend Confirmation and Breakouts: A confident close outside the ±1σ range can indicate the beginning of a strong directional move.
Risk Management: Use the levels to set stop-losses or determine profit targets. For example, when opening a trade near the +1σ level, you might consider a target at +2σ and place a stop-loss behind the ATM level.
Volatility Analysis: By comparing the width of the ranges for different expirations, you can assess how the market is pricing short-term versus long-term risks. A narrow range suggests low expectations, while a wide range indicates high ones.
Disclaimer: This indicator is an analysis tool and does not provide direct financial advice or trading signals. All trading decisions are your own. Use this indicator in conjunction with other analysis methods.
CDP - Counter-Directional-Pivot🎯 CDP - Counter-Directional-Pivot
📊 Overview
The Counter-Directional-Pivot (CDP) indicator calculates five critical price levels based on the previous day's OHLC data, specifically designed for multi-timeframe analysis. Unlike standard pivot points, CDP levels are calculated using a unique formula that identifies potential reversal zones where price action often changes direction.
⚡ What Makes This Script Original
This implementation solves several technical challenges that existing pivot indicators face:
🔄 Multi-Timeframe Consistency: Values remain identical across all timeframes (1m, 5m, 1h, daily) - a common problem with many pivot implementations
🔒 Intraday Stability: Uses advanced value-locking technology to prevent the "stepping" effect that occurs when pivot lines shift during the trading session
💪 Robust Data Handling: Optimized for both liquid and illiquid stocks with enhanced data synchronization
🧮 CDP Calculation Formula
The indicator calculates five key levels using the previous day's High (H), Low (L), and Close (C):
CDP = (H + L + C) ÷ 3 (Central Decision Point)
AH = 2×CDP + H – 2×L (Anchor High - Strong Resistance)
NH = 2×CDP – L (Near High - Moderate Resistance)
AL = 2×CDP – 2×H + L (Anchor Low - Strong Support)
NL = 2×CDP – H (Near Low - Moderate Support)
✨ Key Features
🎨 Visual Elements
📈 Five Distinct Price Levels: Each with customizable colors and line styles
🏷️ Smart Label System: Shows exact price values for each level
📋 Optional Value Table: Displays all levels in an organized table format
🎯 Clean Chart Display: Minimal visual clutter while maximizing information
⚙️ Technical Advantages
🔐 Session-Locked Values: Prices are locked at market open, preventing intraday shifts
🔄 Multi-Timeframe Sync: Perfect consistency between daily and intraday charts
✅ Data Validation: Built-in checks ensure reliable calculations
🚀 Performance Optimized: Efficient code structure for fast loading
💼 Trading Applications
🔄 Reversal Zones: AH and AL often act as strong turning points
💥 Breakout Confirmation: Price movement beyond these levels signals trend continuation
🛡️ Risk Management: Use levels for stop-loss and take-profit placement
🏗️ Market Structure: Understand daily ranges and potential price targets
📚 How to Use
🚀 Basic Setup
Add the indicator to your chart (works on any timeframe)
Customize colors for easy identification of support/resistance zones
Enable the value table for quick reference of exact price levels
📈 Trading Strategy Examples
🟢 Long Bias: Look for bounces at NL or AL levels
🔴 Short Bias: Watch for rejections at NH or AH levels
💥 Breakout Trading: Enter positions when price decisively breaks through anchor levels
↔️ Range Trading: Use CDP as the central reference point for range-bound markets
🎯 Advanced Strategy Combinations
RSI Integration for Enhanced Signals: 📊
📉 Oversold Bounces: Combine RSI below 30 with price touching AL/NL levels for high-probability long entries
📈 Overbought Rejections: Look for RSI above 70 with price rejecting AH/NH levels for short opportunities
🔍 Divergence Confirmation: When RSI shows bullish divergence at support levels (AL/NL) or bearish divergence at resistance levels (AH/NH), it often signals stronger reversal potential
⚡ Momentum Confluence: RSI crossing 50 while price breaks through CDP can confirm trend direction changes
⚙️ Configuration Options
🎨 Line Customization: Adjust width, style (solid/dashed/dotted), and colors
👁️ Display Preferences: Toggle individual levels, labels, and value table
📍 Table Position: Place the value table anywhere on your chart
🔔 Alert System: Get notifications when price crosses key levels
🔧 Technical Implementation Details
🎯 Data Reliability
The script uses request.security() with lookahead settings to ensure historical accuracy while maintaining real-time functionality. The value-locking mechanism prevents the common issue where pivot levels shift during the trading day.
🔄 Multi-Timeframe Logic
⏰ Intraday Charts: Display previous day's calculated levels as stable horizontal lines
📅 Daily Charts: Show current day's levels based on yesterday's OHLC
🔍 Consistency Check: All timeframes reference the same source data
🤔 Why CDP vs Standard Pivots?
Counter-Directional Pivots often provide more accurate reversal points than traditional pivot calculations because they incorporate the relationship between high/low ranges and closing prices more effectively. The formula creates levels that better reflect market psychology and institutional trading behaviors.
💡 Best Practices
💧 Use on liquid markets for most reliable results
📊 RSI Combination: Add RSI indicator for overbought/oversold confirmation and divergence analysis
📊 Combine with volume analysis for confirmation
🔍 Consider multiple timeframe analysis (daily levels on hourly charts)
📝 Test thoroughly in paper trading before live implementation
💪 Example Market Applications
NASDAQ:AAPL AAPL - Tech stock breakouts through AH levels
$NYSE:SPY SPY - Index trading with CDP range analysis
NASDAQ:TSLA TSLA - Volatile stock reversals at AL/NL levels
⚠️ This indicator is designed for educational and analytical purposes. Always combine with proper risk management and additional technical analysis tools.
Auto Trendlines (Finviz Style)Oculus Auto Trendlines
Version 1.0 | Pine Script v6
Overview
Oculus Auto Trendlines automatically identifies and plots the most significant support and resistance trendlines by connecting the two most recent swing highs (resistance) and swing lows (support) over a user-defined pivot lookback. Each line extends dynamically to the right, recalculates in real time, and self-invalidates when price decisively breaks beyond it by a configurable tolerance.
Key Features
Automatic Pivot Detection
Uses ta.pivothigh and ta.pivotlow over your chosen bar span to pinpoint significant market turning points.
Dynamic Trendline Drawing
Connects the last two valid pivots to form support and resistance lines that update and extend to the right each bar.
Break-Triggered Refresh
When price closes beyond a drawn trendline by more than the break tolerance, that line is removed and a new one is drawn from the next valid pivots.
Configurable Sensitivity
Pivot Lookback: Number of bars on each side to define swings.
Break Tolerance: Percentage buffer to prevent false invalidations on minor wicks.
Clean Overlay
Minimal code and plotting ensures your chart remains uncluttered—only one support and one resistance line are visible at any time.
How to Use
Add to Chart: Apply “Oculus Auto Trendlines” to any symbol and timeframe.
Set Inputs:
Pivot Lookback: Larger values produce smoother, longer-term lines; smaller values react faster to recent price.
Break Tolerance (%): Adjust to allow for minor wicks or noise without resetting lines.
Read Trendlines:
The red resistance line connects the two most recent swing highs.
The green support line connects the two most recent swing lows.
Lines automatically redraw when invalidated by a clean break beyond tolerance.
Combine with Other Analysis: Use these auto-drawn trendlines alongside indicators like moving averages, volume, or price patterns for stronger confluence.
Inputs
Pivot Lookback: 10 (bars each side)
Break Tolerance (%): 0.2%
Version History
1.0 – Initial release with real-time pivot detection, auto-updating trendlines, and break validation.
Disclaimer
This indicator is provided for educational purposes. Always backtest settings on historical data, verify trendline relevance, and apply proper risk management before trading live.
Worldwide Sessions and Open Range BreakoutThis script shows when the various normal market hours for each of the major worldwide markets (Asia, New York, and London). It also draws a line on the opening range for each of these market sessions. The opening range defaults to the first 15 minutes of the session, but this can be customized.
This script does automatically handle the session times regardless of your time zone or what time frame you are on. No need to set anything! This probably can't handle non-normal trading days, such as partial days.
This script is made for futures, but would likely work for other markets, like Forex.
Candlestick Body and Wick Midpoints [Dire]Summary
This indicator provides a deeper look into intra-bar price action by plotting the precise halfway point of each candlestick's body, top wick, and bottom wick. It renders three distinct, color-coded horizontal lines on each of the most recent candles, helping traders identify hidden micro-levels of interest.
How It Works
For each candlestick, the indicator calculates and plots:
Top Wick Midpoint: The median price of the sell-off (or profit-taking) range.
Body Midpoint: The equilibrium or "fair price" point between the open and close.
Bottom Wick Midpoint: The median price of the buy-up (or support) range.
How to Use
These levels can serve as micro-pivots or points of interest for price action analysis. A return to a previous wick's midpoint may signal a potential reaction. Observing how these levels align over several bars can reveal subtle areas of price consensus or rejection that are not obvious from standard candle charts.
Customization
Lookback Period: Easily adjust the number of recent candles to analyze via the "Inputs" tab.
Colors: The color for each of the three lines (Top Wick, Body, and Bottom Wick) can be fully customized in the "Style" tab of the indicator settings.
Momentum Flip Pro - Advanced ZigZag Trading SystemMomentum Flip Pro - Advanced ZigZag Trading System
Complete User Guide
📊 What This Indicator Does
The Momentum Flip Pro is an advanced position-flipping trading system that automatically identifies trend reversals using ZigZag patterns combined with momentum analysis. It's designed for traders who want to always be in the market, flipping between long and short positions at optimal reversal points.
Key Features:
Automatically flips positions at each ZigZag reversal point
Dynamic stop loss placement at exact ZigZag levels
Real-time trading dashboard with performance metrics
Capital tracking and ROI calculation
Three momentum engines to choose from
🎯 How It Works
Entry Signal: When a ZigZag point appears (circle on chart), the indicator:
Exits current position (if any)
Immediately enters opposite position
Places stop loss at the exact ZigZag price
Exit Signal: Positions are closed when the next ZigZag appears, then immediately reversed
Position Management:
Long Entry: ZigZag bottom (momentum turns UP)
Short Entry: ZigZag peak (momentum turns DOWN)
Stop Loss: Always at the ZigZag entry price
Take Profit: Next ZigZag point (automatic position flip)
⚙️ Recommended Settings
For Day Trading (5m-15m timeframes):
Momentum Engine: Quantum
- RSI Length: 9-12
- Quantum Factor: 3.5-4.0
- RSI Smoothing: 3-5
- Threshold: 8-10
For Swing Trading (1H-4H timeframes):
Momentum Engine: MACD
- Fast Length: 12
- Slow Length: 26
- Signal Smoothing: 9
- MA Type: EMA
For Position Trading (Daily):
Momentum Engine: Moving Average
- Average Type: EMA or HMA
- Length: 20-50
📈 How to Use for Trading
Add to Chart:
Add indicator to your chart
Set your starting capital
Choose your preferred momentum engine
Understanding Signals:
Green circles: Strong bullish momentum reversal
Red circles: Strong bearish momentum reversal
Purple circles: Normal momentum reversal
Entry labels: Show exact entry points with tooltips
Trading Rules:
Enter LONG when you see an up arrow + green/purple circle
Enter SHORT when you see a down arrow + red/purple circle
Stop loss is automatically at the ZigZag level
Hold until next ZigZag appears (exit + reverse)
Risk Management:
Risk per trade = Entry Price - Stop Loss
Position size = (Capital * Risk %) / Risk per trade
Recommended risk: 1-2% per trade
💡 Best Practices
Market Conditions:
Works best in trending markets
Excellent for volatile pairs (crypto, forex majors)
Avoid during low volume/consolidation
Timeframe Selection:
Lower timeframes (5m-15m): More signals, higher noise
Higher timeframes (1H+): Fewer signals, higher reliability
Sweet spot: 15m-1H for most traders
Momentum Engine Selection:
Quantum: Best for volatile markets (crypto, indices)
MACD: Best for trending markets (forex, stocks)
Moving Average: Best for smooth trends (commodities)
📊 Dashboard Interpretation
The trading dashboard shows:
Current Capital: Your running balance
Position: Current trade direction
Entry/Stop: Your risk levels
Statistics: Win rate and performance
ROI: Overall return on investment
⚠️ Important Notes
Always Active: This system is always in a position (long or short)
No Neutral: You're either long or short, never flat
Automatic Reversal: Positions flip at each signal
Stop Loss: Fixed at entry ZigZag level (doesn't trail)
🎮 Quick Start Guide
Beginners: Start with default settings on 1H timeframe
Test First: Use paper trading to understand the signals
Small Size: Begin with 1% risk per trade
Track Results: Monitor the dashboard statistics
Adjust: Fine-tune momentum settings based on results
🔧 Customization Tips
Color Signals: Enable to see momentum strength
Dashboard Position: Move to preferred screen location
Visual Settings: Adjust colors for your theme
Alerts: Set up for automated notifications
This indicator is ideal for traders who prefer an always-in-market approach with clear entry/exit rules and automated position management. The key to success is choosing the right momentum engine for your market and maintaining disciplined risk management.
Multi-Timeline 1.0Multi-TimeLines 1.0 - Comprehensive Description
WHAT IT DOES:
This indicator creates dynamic horizontal support/resistance lines based on opening prices captured at user-defined New York times. Unlike static horizontal lines, these levels automatically appear and disappear based on sophisticated session logic, providing traders with time-sensitive reference levels that adapt to market sessions.
HOW IT WORKS - TECHNICAL IMPLEMENTATION:
1.
Timezone Conversion Engine:
The script uses Pine Script's "America/New_York" timezone functions to ensure all time calculations are based on NY time, regardless of the user's chart timezone. This eliminates confusion and provides consistent behavior across global markets.
2.
Dual-Category Time Classification System:
The indicator employs a unique two-category classification system:
Category A (16:00-23:59 NY): Evening times that extend overnight until next day 15:59 NY
Category B (00:00-15:59 NY): Day times that extend until same day 15:59 NY
This classification handles the complex logic of overnight sessions and prevents lines from incorrectly resetting at midnight for evening times.
3. Price Capture Mechanism:
Uses precise time-hit detection with backup systems for edge cases (especially midnight 00:00). When a specified time occurs, the script captures the bar's opening price and stores it in persistent variables using Pine Script's var declarations.
4. Session-Aware Display Logic:
Lines only appear during their designated "display windows" - periods when the captured price level is relevant. The script uses conditional plotting with plot.style_linebr to create clean breaks when lines are inactive.
5. Smart Reset System:
Different reset behaviors based on time classification:
Category A times persist across midnight (for overnight analysis)
Category B times reset on day changes (except 00:00 which captures AT day change)
Automatic cleanup when display windows close
ORIGINALITY & UNIQUE FEATURES:
1. Overnight Session Handling:
Unlike basic horizontal line tools, this script properly handles overnight spans for evening times, making it invaluable for analyzing gaps and overnight price action.
2. Automatic Session Management:
No manual line drawing required - the script automatically manages when lines appear/disappear based on NY market sessions (15:59 close, 18:00 after-hours start).
3. Time-Window Display Logic:
Lines only show during relevant periods, reducing chart clutter and focusing attention on currently active levels.
TRADING CONCEPTS & APPLICATIONS:
1. Session-Based Analysis:
Capture opening prices at key session times:
00:00 NY: Sydney/Asian session start
03:00 NY: London pre-market
08:00 NY: London session open
09:30 NY: NYSE opening bell
18:00 NY: After-hours start
2. Gap Analysis:
Evening times (20:00-23:59) that extend overnight are particularly useful for:
Identifying potential gap-fill levels
Tracking overnight high/low breaks
Setting reference points for next-day trading
3. Support/Resistance Framework:
Opening prices at significant times often act as:
Intraday support/resistance levels
Reference points for breakout/breakdown analysis
Pivot levels for mean reversion strategies
HOW TO USE:
1. Time Input:
Enter times in "HH:MM" format using 24-hour NY time:
"09:30" for NYSE open
"15:30" for late-day reference
"20:00" for evening level (extends overnight)
2. Line Behavior:
Blue/Green/Cyan/Red lines: Your custom times
Yellow line: After-hours day open (18:00 NY start)
Lines appear with breaks during inactive periods
3. Strategic Setup:
Use 2-3 key session times for your trading style
Combine morning times (immediate reference) with evening times (overnight analysis)
Toggle after-hours line based on your market focus
CALCULATION METHOD:
The script uses direct opening price capture (no smoothing or averaging) at precise time hits, ensuring the most accurate representation of actual market levels at specified times. This raw price approach maintains the integrity of actual market opening prices rather than manipulated or calculated values.
This method is particularly effective because opening prices at significant times often represent institutional order flow and can act as magnetic levels throughout subsequent sessions.
1st FVGOverview
This indicator is specifically designed for intraday price action traders who focus on the NASDAQ opening range. Its primary function is to automatically identify, plot, and alert on the very first Fair Value Gap (FVG) that forms during the critical 30-minute window of the New York morning session, from 9:30 AM to 10:00 AM ET.
The script intelligently ignores any gaps that rely on pre-market data, ensuring that the detected FVG is a true imbalance created by the initial volume and volatility of the regular trading session. This tool helps traders to quickly pinpoint a key area of interest right after the market opens.
Key Features
First FVG Detection: Pinpoints only the initial FVG of the session and ignores all subsequent ones for the day.
Specific Time Window: Operates strictly between 9:30 and 10:00 AM New York time.
Strict Formation Rule: To ensure accuracy, the entire 3-bar FVG pattern must form at or after the 9:30 AM candle. This prevents false signals from pre-market price action.
Visual Price Zones: Automatically draws a clean, colored box around the FVG, making the zone easy to see. The box can be extended to track future price interactions.
Customizable Display: Control how many historical FVGs to show on your chart and how far the zone extends to the right.
Built-in Alerts: Get real-time notifications the moment the first FVG is confirmed, so you never miss a potential setup.
How It Works
The indicator scans the price action candle by candle. Once the 9:30 AM ET session begins, it looks for the first valid 3-bar FVG pattern (also known as a price imbalance).
A Bullish FVG is identified when the low of the current candle is higher than the high of the candle two periods ago.
A Bearish FVG is identified when the high of the current candle is lower than the low of the candle two periods ago.
Once the first FVG for the day is detected and plotted, the script will remain dormant until the next trading day begins, keeping your chart clean and focused.
Settings
Number of FVG History: Controls how many of the most recent daily FVGs are displayed on the chart.
Extend Box To End: A checkbox to extend the FVG zone all the way to the right edge of the chart. This is useful for tracking how price interacts with the zone later in the day.
Manual Box Length: If the "Extend Box" option is unchecked, this input sets a fixed length for the box (in number of bars).
How to Set Up Alerts
Add the indicator to your chart.
Click the 'Alert' icon (alarm clock) in the TradingView toolbar.
In the 'Condition' dropdown menu, select "1st FVG".
A second dropdown will appear, which should be set to "Alert Function Call".
Choose your preferred notification options (e.g., pop-up, email, app notification).
Click 'Create'.
Disclaimer: This indicator is a tool for technical analysis and should not be considered as financial advice. Always use proper risk management and conduct your own research before making any trading decisions.
Time Specific Standard Deviation Zones(10 am - 4hr candle)This indicator is designed for intraday traders who want to visualize volatility-based zones around the 10:00 AM New York session open, plotted precisely from 10:00 AM to 2:00 PM EST.
✅ Key Features:
📦 Automatically draws mirrored Standard Deviation (SD) zones:
0.5 SD, 1 SD, 1.5 SD above and below the 10AM open
Open Line reference for mean reversion tracking
📐 Internal Fibonacci Levels within each zone:
0.236, 0.382, 0.5, 0.618, 0.786
⏱️ Works across any timeframe
📊 Ideal for:
Breakout traders
Volatility compression strategies
Statistical mean reversion models
🔧 Built using precise New York session timestamps, ensuring accuracy across time zones and resolutions.
ADR Pivot LevelsThe ADR (Average Daily Range) indicator shows the average range of price movement over a trading day. The ADR is used to estimate volatility and to determine target levels. It helps to set Take-Profit and Stop-Loss orders. It is suitable for intraday trading on lower time frames.
The “ADR Pivot Levels” produces a sequence of horizontal line levels above and below the Center Line (reference level). They are sized based on the instrument's volatility, representing the average historical price movement on a selected higher timeframe using the average daily range (ADR) indicator.
Weekly Standard Deviations (NQ1!/VXN / ES1!/VIX)Weekly Standard Deviations (NQ1!/VXN or ES1!/VIX) – Settlement-Based with Robust Volatility Calculation
This indicator displays weekly standard deviation bands for US index futures (NQ1!, ES1!, MNQ1!, MES1!) using a professional approach:
Weekly Settlement as Basis:
The center line ("Mid") is based on the official weekly settlement price of the selected future (using settlement feeds, not just the last traded price). This ensures high accuracy for institutional and systematic trading.
Volatility by VIX/VXN, Friday 5-Minute Close (CET):
The volatility input (σ) is dynamically derived from the VIX or VXN. Specifically, the indicator uses the last available 5-minute close on Friday after 22:00 CET (Central European Time) each week. If there is no data at exactly 22:10 or 22:05 (e.g. shortened sessions or holidays), it falls back to the latest available 5-minute close of that Friday, ensuring reliable calculation in all market conditions.
Standard Deviation Bands:
The ±1σ, ±2σ, and ±3σ bands are calculated from the weekly settlement price and the robust volatility value. These bands are widely used by professionals for mean reversion, volatility trading, and risk management.
Dynamic Holiday Logic:
Includes dynamic holiday calculation for major US market holidays (can be expanded for other regions). This helps to keep calculations consistent even in holiday weeks.
Labels & Visuals:
Each standard deviation level and the center are labeled for easy orientation. All lines are automatically updated at the start of each new week.
Recommended for:
Advanced traders, systematic/quant traders, and anyone who wants an institutional-grade approach to weekly volatility structure in US index futures.
How to Use:
Add to a chart of NQ1!, MNQ1!, ES1!, or MES1! (futures continuous contracts).
Choose your preferred symbol pair (NQ1!/VXN or ES1!/VIX) in the indicator settings.
All calculations and band updates are fully automatic.
This script is for educational and informational purposes only and should not be considered financial advice or a recommendation to buy or sell any security or derivative. Trading futures and derivatives involves substantial risk and is not suitable for every investor. The author of this script accepts no liability for any loss or damage arising from the use of this tool. Always do your own research and consult with a professional financial advisor before making investment decisions.
Previous Day High & Low)Previous Day High & Low (PDH/PDL)
This simple but essential tool plots the previous day's high and low as dynamic horizontal lines across the current trading session. Ideal for traders who rely on key support and resistance levels, this indicator automatically updates at the start of each new day and extends the levels across the chart.
🔹 Features:
Automatically tracks and draws the previous day’s high and low.
Lines update cleanly at each new session.
Helps identify breakout and reversal zones.
Perfect for scalpers, intraday traders, and anyone watching for reactions at key levels.
NY opennew york open.
new york open hours of the past two weeks up until two days ahead are shown as vertical lines which is great for both analyzing past data and seeing where would future new york open align with compared to your own future analysis.
Perfect Entry VisualizerPerfect Entry Visualizer is a Pine Script v6 study designed purely as a historical analysis tool, not for live trading. It plots the theoretical “perfect” long and short entries on your chart based on a user-defined minimum price move. By alternately tracking swing lows for longs and swing highs for shorts, it shows exactly where a trade would have captured every move of at least X points, with X set by the “Minimum Move (Points)” input.
How it works
After each labeled entry it switches direction (long→short or short→long), so signals never overlap.
It never uses future data to predict; it simply waits for price to move far enough from the last extreme and then plots.
Adjusting the “Minimum Move (Points)” input controls how big a swing must be before an entry is marked: smaller values give more frequent signals, larger values highlight only the biggest moves.
Primary uses
Algo system benchmarking: compare your live strategy’s entries against the theoretical best to measure entry efficiency.
Manual trader review: visualize ideal swing entry timing to refine your own setups and fine-tune stop-and-profit targets.
Educational tool: teach price action concepts by showing exact points where a pure price-move strategy would have worked.
Performance analysis: overlay on any time frame or market to see which instruments and sessions offer the most clean, swing-based opportunities.
Alternative pivot point analysis: use it as a dynamic pivot high/low tool based on movement thresholds rather than fixed lookback bars.
Because it simply visualizes past price moves, you can paste it into any chart to instantly see the theoretical maximum trade capture for your chosen swing size. It’s a flexible comparison and learning aid, not a live signal generator.
TradeJorno - Time + Price Levels
Tired of manually drawing and updating important ICT or SMC time and price levels on your charts every day?
Here’s an indicator to draw important TIME and PRICE levels automatically.
Here’s what you can highlight in realtime on your charts:
1. Previous major highs and lows
⁃ Previous daily and weekly highs and low
- Weekly dividing lines
2. Session highs/lows
⁃ Plot the high and low of Asia and London sessions.
⁃ Customise the timeframe and appearance on the chart.
- Previous session settlement price.
3. Various price levels
⁃ Pre-market opening prices : midnight, 7:30 and 8:30
⁃ Regular market opening prices: 9:30, 10:00, 14:00
- end of session settlement prices
4. Market opening range high and low
⁃ Lines extending throughout the current session
⁃ Customise the timeframe and appearance on the chart.
5. ICT Macro times
- Draw customisable vertical lines and labels to indicate the start of each ICT macro
period.
Let us know in the comments below if there’s anything else we need to add!
Pair TradingPAIR TRADING
Description:
This indicator is a simple and intuitive tool for rotating between two assets based on their relative price ratio. By comparing the prices of Asset A and Asset B, it plots a “ratio line” (gray) with dynamic upper and lower boundaries (red and blue).
When the ratio reaches the red line, Asset A is expensive → rotate out of A and into B.
When the ratio touches the blue line, Asset A is cheap → rotate back into A.
The chart also shows:
🔹 Background highlights for visual cues
🔹 “Rotate to A” or “Rotate to B” markers for easy decisions
🔹 A live summary table with mean ratio, upper/lower boundaries, and current ratio
How to Use:
Select Asset A and Asset B in the settings.
Adjust the Lookback Period and Threshold if needed.
Watch the gray ratio line as it moves:
Above red line? → Consider rotating into B
Below blue line? → Consider rotating into A
Use the background color changes and rotation labels to spot clear rotation opportunities!
Why Pair Trading?
Pair trading is a powerful way to manage a portfolio because it neutralizes market direction risk and focuses on relative value.
By rotating between correlated assets, you can:
Smooth out returns
Avoid holding a weak asset too long
Capture reversion when assets diverge too far
This approach can enhance risk-adjusted returns and help keep your portfolio balanced and nimble!
How to Pick Pairs:
Choose assets with strong correlation or similar drivers.
Look for common trends (sector, macro).
Start with assets you know best (high-conviction ideas).
Make sure both have good liquidity for reliable trading!
TO HELP FIND CORRELATED ASSETS:
Use the Correlation Coefficient indicator in TradingView:
Click Indicators
Search for “Correlation Coefficient”
Add it to your chart
Input the symbol of the second asset (e.g., if you’re on MSTR, input TSLA).
This plots the rolling correlation coefficient — super helpful!
Pair trading can turn big swings into steady rotations and help you stay active even when the market is choppy. It’s a simple, practical approach to keep your portfolio balanced.
ICT Directional FVG Indicator (Buffered SL)This is the first indicator I have ever made, and I am very new to Pine Script. I’ve tried my best to create this as a strategy, but I’m still learning, so please be kind and constructive with your feedback!
ICT Directional FVG Indicator (Buffered SL)
This indicator is designed for traders who follow ICT (Inner Circle Trader) concepts, focusing on Fair Value Gaps (FVGs), liquidity sweeps, and session-based trading. It automatically detects bullish and bearish FVGs, highlights them on the chart, and identifies liquidity sweep events. The indicator features three customizable Kill Zones (London, New York, and Asia sessions), each with independent toggles and color-coded backgrounds for clear visual separation.
Key features:
Fair Value Gap Detection: Highlights bullish and bearish FVGs in real time.
Liquidity Sweep Alerts: Marks potential liquidity sweep events for both highs and lows.
Session Kill Zones: Toggle each Kill Zone (London, New York, Asia) independently; background color changes only in enabled zones.
Trade Signal Visualization: Plots entry, stop loss, and take profit levels based on FVG and sweep logic, with a user-defined stop loss buffer.
Customizable Display: Easily enable or disable FVGs, sweeps, trade levels, and each Kill Zone to suit your strategy.
This tool is ideal for ICT-based traders who want a clear, automated view of FVGs, sweeps, and session activity, with full control over which sessions and signals are displayed.
DWMY Opens (for aggr. charts) by Koenigsegg🟣 DWMY Opens (for Aggregated Charts) by Koenigsegg
Revolutionary compatibility with aggregated charts – This indicator represents a significant breakthrough in displaying Daily, Weekly, Monthly, and Yearly opening levels on aggregated chart types where traditional DWMY indicators have historically failed to function properly.
Complete aggregated chart support – Unlike previous Daily Weekly Monthly Yearly Opens indicators that experienced severe limitations when pulling data from non-standard chart types, this version is specifically engineered to work flawlessly with aggregated charts, range bars, Renko charts, Point & Figure charts, and all other non-time-based chart constructions.
Persistent horizontal reference lines – The indicator draws four distinct horizontal lines representing the opening prices of the current Daily, Weekly, Monthly, and Yearly periods, extending these levels forward into future bars to provide clear reference points for key support and resistance analysis.
Advanced customization capabilities – Features comprehensive user controls including custom label naming for each timeframe, adjustable line colors with independent color selection for Daily, Weekly, Monthly, and Yearly levels, configurable line width settings, and variable label font sizes ranging from tiny to huge.
Dynamic label positioning system – Implements a sophisticated label placement mechanism with configurable tick offset positioning and fixed end-bars-ahead projection, ensuring labels remain visible and properly positioned regardless of chart zoom level or timeframe.
Intelligent period detection logic – Utilizes advanced Pine Script time change detection algorithms specifically optimized for aggregated charts, accurately identifying new Daily, Weekly, Monthly, and Yearly periods even when traditional time-based functions fail on non-standard chart types.
Performance-optimized architecture – Built with efficient persistent variable storage using the var keyword, minimizing computational overhead while maintaining real-time updates across all timeframe levels simultaneously.
Professional visual presentation – Delivers clean, uncluttered chart visualization with strategically positioned labels that clearly identify each timeframe level without interfering with price action analysis.
Universal market compatibility – Functions seamlessly across all asset classes including stocks, forex, cryptocurrencies, commodities, and indices, adapting automatically to different tick sizes and price scales through syminfo.mintick integration.
Pine Script v6 foundation – Leverages the latest Pine Script version 6 capabilities, ensuring optimal performance, stability, and compatibility with current and future TradingView platform updates.
This indicator solves a critical limitation that has long plagued traders using aggregated chart types, finally enabling reliable access to essential Daily, Weekly, Monthly, and Yearly opening levels that serve as fundamental support and resistance zones in technical analysis. The breakthrough lies in its ability to maintain accurate period detection and level plotting regardless of the underlying chart construction methodology.
🟣 How It Works
Automatic period detection – The indicator continuously monitors for time changes across four distinct timeframes using ta.change(time()) functions for Daily and Weekly periods, month transitions for Monthly levels, and year changes for Yearly opens, ensuring precise identification of new period beginnings.
Real-time level updates – When a new period is detected, the indicator captures the opening price at that exact moment and immediately establishes a horizontal line from that bar extending forward to a configurable number of bars ahead, creating persistent reference levels.
Dynamic line management – Each timeframe maintains its own dedicated line object and label, with the indicator continuously updating the endpoint coordinates and label positions as new bars form, ensuring the levels always project the specified distance into the future.
Intelligent label placement – Labels are positioned at the end of each line with automatic vertical offset based on the symbol’s minimum tick size, preventing overlap with price action while maintaining clear identification of each timeframe level.
🟣 Pro Tips for Optimal Usage
Multi-timeframe confluence – Look for areas where multiple DWMY levels converge within close proximity, as these zones typically act as stronger support or resistance levels due to increased market participant attention at these psychological price points.
Breakout confirmation strategy – When price breaks above or below a significant DWMY level with strong volume, the broken level often transforms into support (if broken upward) or resistance (if broken downward), providing excellent entry and exit reference points.
Range trading opportunities – On ranging markets, use Daily and Weekly opens as potential reversal zones, especially when price approaches these levels during low-volume periods or near session opens when institutional activity increases.
Timeframe alignment technique – For swing trading, prioritize trades that align with the direction of the break from Weekly or Monthly opens, while using Daily opens for precise entry timing and position management.
Chart type optimization – This indicator excels on Renko, Range, and Point & Figure charts where traditional time-based DWMY indicators fail, making it invaluable for traders who prefer these aggregated chart types for cleaner price action analysis.
Important Disclaimer:
This indicator is provided for educational and informational purposes only. It is not financial advice, investment advice, or a recommendation to buy or sell any financial instrument. All trading involves risk, and past performance does not guarantee future results. Please conduct your own research and consult with a qualified financial advisor before making any trading decisions. The author is not responsible for any losses incurred from using this indicator.
Bounce Zone📘 Bounce Zone – Indicator Description
The "Bounce Zone" indicator is a custom tool designed to highlight potential reversal zones on the chart based on volume exhaustion and price structure. It identifies sequences of candles with low volume activity and marks key price levels that could act as "bounce zones", where price is likely to react.
🔍 How It Works
Volume Analysis:
The indicator calculates a Simple Moving Average (SMA) of volume (default: 20 periods).
It looks for at least 6 consecutive candles (configurable) where the volume is below this volume SMA.
Color Consistency:
The candles must all be of the same color:
Green candles (bullish) for potential downward bounce zones.
Red candles (bearish) for potential upward bounce zones.
Zone Detection:
When a valid sequence is found:
For green candles: it draws a horizontal line at the low of the last red candle before the sequence.
For red candles: it draws a horizontal line at the high of the last green candle before the sequence.
Bounce Tracking:
Each horizontal line remains on the chart until it is touched twice by price (high or low depending on direction).
After two touches, the line is automatically removed, indicating the zone has fulfilled its purpose.
📈 Use Cases
Identify areas of price exhaustion after strong directional pushes.
Spot liquidity zones where institutions might step in.
Combine with candlestick confirmation for reversal trades.
Useful in both trending and range-bound markets for entry or exit signals.
⚙️ Parameters
min_consecutive: Minimum number of consecutive low-volume candles of the same color (default: 6).
vol_ma_len: Length of the volume moving average (default: 20).
🧠 Notes
The indicator does not repaint and is based purely on historical candle and volume structure.
Designed for manual strategy confirmation or support for algorithmic setups.
Oculus Session LevelsOculus Session Levels
The Oculus Session Levels indicator is designed to help traders track key price levels during important market sessions: Pre-Market, Futures, and the New York Open. By marking these levels on your chart, it provides clear reference points for potential price action and breakout opportunities as the market progresses through its various phases.
Key Features:
Pre-Market High & Low: The indicator calculates and displays the highest and lowest prices during the pre-market session (from 4:00 AM to 9:30 AM EST). These levels are important for gauging potential support or resistance when the market opens.
Futures First Hour High & Low: It tracks the first hour of futures trading (from 6:00 PM to 7:00 PM EST), marking the high and low levels that can serve as important reference points for the following trading day.
New York Open High & Low: The indicator also tracks the high and low during the first hour of the New York market open (from 9:30 AM to 10:30 AM EST), providing critical levels that traders use to identify trends or reversals in the early stages of the trading day.
How to Use:
Pre-Market High & Low:
These levels are calculated before the regular market opens. Price movements near these levels after the market opens may indicate potential breakout or reversal zones.
Futures High & Low:
These levels track the overnight futures session. The price range within this session can provide insight into how the market might behave during regular trading hours.
NY Open High & Low:
The first hour of the New York session is critical for establishing market direction. Prices near these levels can signify the start of a strong trend or possible pullback.
Visual Representation:
Pre-Market High & Low: Plotted in blue.
Futures High & Low: Plotted in orange.
NY Open High & Low: Plotted in green.
These levels are updated daily, providing fresh insights based on the latest market data. The Oculus Session Levels indicator gives traders a simple but powerful tool for understanding market context and planning their trades more effectively.
Oculus Quantum RangeOculus Quantum Range
The Oculus Quantum Range is a sophisticated indicator designed to track dynamic support and resistance levels, based on market volatility and price action. It uses the Average True Range (ATR) to define a dynamic range, giving traders powerful breakout and breakdown targets for more informed decision-making.
Key Features:
Dynamic Support & Resistance Levels: The indicator calculates key dynamic levels using the highest high and lowest low over a user-defined period (default: 20 bars). These levels adjust according to market volatility, helping to reflect current market conditions.
Breakout & Breakdown Targets: The system calculates breakout and breakdown targets based on the ATR, adding flexibility to the classic support and resistance levels. The targets are plotted above and below the dynamic range.
Volume Confirmation: The breakout and breakdown targets are confirmed when there is a spike in volume, enhancing the reliability of these trade signals.
Pivot Levels: The middle level (pivot) is plotted as the average of the highest high and the lowest low over the range period, offering an additional reference point for traders.
How to Use:
Breakout Entry:
When the price crosses above the Dynamic Top Line (Resistance), a breakout is considered. The breakout target is calculated and plotted above the resistance level.
A confirmed breakout is when the price crosses the resistance with volume higher than the 20-period volume average.
Breakdown Entry:
When the price crosses below the Dynamic Bottom Line (Support), a breakdown is considered. The breakdown target is calculated and plotted below the support level.
A confirmed breakdown is when the price crosses the support with volume higher than the 20-period volume average.
Pivot Zone:
The middle level (pivot) acts as a reference zone, showing potential areas where price action may pause or reverse before continuing toward breakout or breakdown targets.
Alert Conditions:
Breakout Alert: Triggered when the price crosses above the dynamic top line (resistance).
Breakdown Alert: Triggered when the price crosses below the dynamic bottom line (support).
Visualization:
The Dynamic Top Line (Resistance) is plotted in red.
The Middle Level (Pivot) is plotted in blue.
The Dynamic Bottom Line (Support) is plotted in green.
Breakout Targets are plotted in purple above the resistance, and Breakdown Targets are plotted in orange below the support.
Confirmed Breakout/Breakdown are marked with green and red lines respectively, and the background will change to green or red for a visual cue.
This indicator is perfect for traders looking to make timely decisions based on price action, volatility, and volume. It’s ideal for identifying potential breakout and breakdown opportunities with clear, dynamic targets.
HTF 3rd Weekly High/LowThis indicator plots horizontal lines for the high and low of a selected past weekly candle, allowing traders to visualize higher time frame (HTF) structure on lower time frame charts (e.g., 1H, 4H, etc.).
Features:
Custom Weekly Range Selection: Use the dropdown to choose which weekly candle to reference — from the current week (0) to up to five weeks back.
Clean Horizontal Lines: High and low levels of the selected week are drawn as persistent horizontal lines.
Automatic Text Labels: Labels like Week-3H and Week-3L are shown on the right side of the chart, matching the week selected.
Customization:
Line colors
Line width and style (solid, dotted, dashed)
Text label offset
Automatic Refresh: Levels and labels are redrawn at the start of each new week to stay current with your selection.
