Baseline TrendBaseline Trend Strategy Overview
Baseline Trend is a crypto-only trading strategy built on straightforward price-based logic: market direction is determined solely by the price’s position relative to a selected baseline open price. No technical indicators like RSI, MACD, or volume are used—this approach is purely focused on price action and position size manipulation.
This strategy is a genuine concept, developed from my own market analysis and logical theory, refined through extensive observation of crypto market behaviour.
While the strategy offers structure and adaptability, it’s important to recognise that no single trading system or indicator fits all market conditions. This tool is meant to support decision-making, not replace it—encouraging traders to stay flexible, informed, and in control of their risk.
Important Usage Note:
This system is intended for crypto markets only.
– When used as an indicator guide, it can be applied to both spot and futures markets.
– However, when used with web-hook automation, it is designed only for futures contracts.
Ensure compatibility with your trading setup before using automation features.
Core Logic: The Baseline
The strategy revolves around the concept of a “Baseline”, with three types available:
Main Baseline: Defines the primary trend direction. If the price is above, go long; if below, go short.
Second Baseline and Third Baseline: Used to measure buying/selling pressure and are key to certain take-profit logic options.
Baselines are customisable to different timeframes—Year, Month, Week, and more—based on available input settings. Structurally, the Main Baseline is the highest-level trend reference, followed by the Second, then Third.
Users can mix and match these baselines across timeframes to backtest crypto symbols and understand behaviour patterns, particularly when used with standard candlestick charts.
Entry & Exit Logic
Entry Signal: Triggered when price crosses over/under a defined distance (percentage) from the Main Baseline. This distance is the Trade Line, calculated based on the close price.
Exit Signal / Stop Loss: If price moves un-favorable and crosses over/under the Stop Loss Line (a defined distance from the Main Baseline), the open position will be force-closed according to user-defined settings.
LiqC (Liquidation Cut)
LiqC is a secondary stop-loss that activates when a leveraged position’s loss equals or exceeds the user-defined liquidation threshold. It forcefully closes the position to help prevent full liquidation before stop-loss, providing an extra layer of protection.
This LiqC is directly tied to the leverage level set by the user. Please ensure you understand how leverage affects liquidation risk, as different broker exchanges may use different liquidation ratio models. Using incorrect assumptions or mismatched leverage values may result in unexpected behaviour.
Position Sizing & Block Units
This strategy features a block-based position sizing system designed for flexibility and precision in trade management:
Block Range: Customisable from 1 to 10 blocks
Risk Allocation: Controlled through a user-defined ROE (Risk of Equity) value
For example, setting an ROE of 0.1% with 10 blocks allocates a total of 1% of account equity to the position. This structure supports both conservative and aggressive risk approaches, depending on user preference.
Block sizes are automatically calculated in alignment with exchange requirements, using Minimum Notional Value (MNV) and Minimum Trade Amount (MTA). These values are dynamically calculated based on the live market price, and scaled relative to the trader’s balance and selected risk percentage. This ensures accurate sizing with built-in adaptability for any account level and current market conditions.
Scalping Meets Trend Holding
This system blends short-term scalping with longer-term trend holding, offering a flexible and adaptive trading style.
Example:
Enter 10 blocks → take quick profits on 5 blocks → let the remaining 5 ride the trend.
This dual-layered approach allows traders to secure early gains while staying positioned for larger market moves. Think of it as:
5 Blocks to Protect: Capture quick wins and manage exposure.
5 Blocks to Pursue: Let profits run by following the broader trend.
By combining both protection and pursuit, the strategy supports risk control without sacrificing the potential for extended returns.
Flexible Take-Profit Logic
The strategy supports multiple, customisable take-profit mechanisms:
TP1–4 (Profit Percentage)
Triggers take profit of 1 block unit when unrealised gains reach defined percentage thresholds (TP1, TP2, TP3, TP4).
Buying/Selling Pressure-Based Take Profit
D1 – Pressure 1
Measures pressure between Second and Third Baselines.
If the distance between them exceeds a user-defined DPT (Decrease Post Threshold) and the price moves far enough from the Third Baseline, D1 activates to take profit or scale out one block.
D2 – Pressure 2
Measures pressure between the Main and Second Baselines.
Works similarly to D1, using a separate distance and pressure trigger.
Note: Both D1 and D2 deactivate in reversal or even trend conditions.
D3–5: High-High / Low-Low Logic
Based on bar index tracking after position entry:
For Long Positions: If after D3 bars the price doesn't exceed the previous bar's high, the system executes a take profit or scale-out.
For Short Positions: If the price doesn't drop below the previous low, the same logic applies.
This approach adds time-based and momentum-aware exit flexibility.
Leverage & Liquidation Risk
When backtesting with leverage enabled, the system checks whether historical candles exceed the liquidation range, calculated based on the average entry price and the leverage input. If the Liquidation Risk Count exceeds 1, profit and loss accuracy may be affected. Traders are encouraged to monitor this count closely to ensure realistic backtesting results.
Since the system cannot directly control or sync with your broker exchange’s actual leverage setting, it’s important to manually match the system’s leverage input with your broker’s configured leverage.
For example: If the system leverage input is set to 10, your exchange leverage setting must also be set to 10. Any mismatch will lead to inaccurate liquidation risk and PnL calculations.
Backtesting and Customisation
All TP1–4 and D1–5 functions are fully optional and customisable. Users are encouraged to backtest different crypto symbols to observe how price behaviour aligns with baseline structures and pressure metrics.
Each of the TP1–4 and D1–5 triggers is designed to execute only once per open position, ensuring controlled and predictable behaviour within each trade cycle.
Since backtesting is based on available historical bar data, please note that data availability varies depending on your TradingView subscription plan. For more reliable insights, it’s recommended to backtest across multiple time ranges, not just the full dataset, to assess the stability and consistency of the strategy’s performance over time.
Additionally, the time frame resolution interval in TradingView is customisable. For best results, use commonly supported time frames such as 30 minutes, 1 hour, 4 hours, 1 day, or 1 week. While the system is designed to support a broad range of intervals, non-standard resolutions may still cause calculation errors.
Currently, the system supports the following resolution ranges:
Intraday: from 1 minute to 720 minutes
(e.g., 60 minutes = 1 hour, 240 minutes = 4 hours, 720 minutes = 12 hours)
Daily: from 1 day to 6 days
Weekly: from 1 week to 3 weeks
Monthly: from 1 month to 4 months
Although the script is built to adapt to various resolutions, users should still monitor output behaviour closely, especially when testing less common or edge-case time frames.
System Usage Notice:
This system can be used as a standalone trading indicator or integrated with an exchange that supports web-hook signal execution. If you choose to automate trades via web-hook, please ensure you fully understand how to configure the setup properly. Web-hook integration methods vary between exchanges, and incorrect setup may lead to unintended trades. Users are responsible for ensuring proper configuration and monitoring of their automation.
Note on Lower Time Frame Usage
When using lower time frames (e.g., 1-minute charts) as the trading time frame, please be aware that available historical data may be limited depending on your subscription plan. This can affect the depth and reliability of backtesting, making it harder to establish a trustworthy probability model for a symbol’s behaviour over time.
Additionally, when pairing a high-level Main Baseline (MBL) time line (such as "1 Month") with low time frame resolutions (like 1-minute), you may encounter order execution limits or calculation overloads during backtesting. This is due to the large number of historical bars required, which can strain the system's capacity.
That said, if a user intentionally chooses to work with lower time frames, that decision is fully respected—but it should be done with awareness and at the user’s own risk.
Things to Be Aware Of (Web-hook Usage Only)
The following points apply if you're using web-hook automation to send signals from the system to an exchange:
Alert Signal Reliability
During extreme market volatility, some broker exchanges may fail to respond to web-hook signals due to traffic overload. While rare, this has occurred in the past and should be considered when relying on automation.
Alert Expiration (TradingView)
If you're on a Basic plan, TradingView alerts are only active for a limited time—typically around 1.5 months. Once expired, signals will no longer be sent out.
To keep your system active, reset the alert before expiration. For uninterrupted alerts, consider upgrading to a Premium plan, which supports permanent alert activation.
TradingView Alert Maintenance
TradingView may occasionally perform system maintenance, during which alerts may temporarily stop functioning. It’s recommended to monitor TradingView’s status if you’re relying on real-time automation.
Repainting
As of the current version, no repainting behaviour has been observed. Signal stability and consistency have been maintained across real-time and historical bars.
Order Execution Type and Fill Logic
All signals use Limit orders by default, except for MBL Exit and Fallback execution, which use Market orders.
Since Limit orders are not guaranteed to fill, the system includes logic to cancel unfilled orders and resend them. If necessary, a Fallback Market order is used to avoid conflict with new incoming trades.
This has only happened once, and is considered rare, but users should always monitor execution status to ensure accuracy and alignment with system behaviour.
Feedback
If you encounter any errors, bugs, or unexpected behaviour while using the system, please don’t hesitate to let me know. Your input is invaluable for helping improve the strategy in future updates.
Likewise, if you have any suggestions or ideas for enhancing the system—whether it’s a new feature, adjustment, or usability improvement—please feel free to share. Together, we can continue refining the tool to make it more robust and beneficial for everyone.
Disclaimer
All trading involves risk, particularly in the crypto market where conditions can be highly volatile. Past performance does not guarantee future outcomes, and market behaviour may evolve over time. This strategy is offered as a tool to support trading decisions and should not be considered financial or investment advice. Each user is responsible for their own actions and accepts full responsibility for any results that may arise from using this system.
Scalping
Intraday BUY/SELL & AUTO SL (5-min timeframe only) by chaitu50c)Intraday BUY/SELL & AUTO SL (5-min timeframe only) by chaitu50c
This indicator provides intraday traders with BUY/SELL reversal signals and automated SL (Stoploss) tracking, based on a 3-candle reversal block logic — designed to work exclusively on the 5-min timeframe.
Key Features:
• 3-Candle Reversal Logic — Signals are generated when a defined 3-candle reversal pattern is detected (body-close breakout).
• Current Session Only — All signals and SL lines are valid only for the current session and automatically reset at session start.
• BUY/SELL Signal Labels — Visual ▲ and ▼ labels mark valid reversal signals on the chart.
• Dynamic Auto SL Lines — Plots dashed SL lines based on the reversal block's low/high.
• SL HIT Tracking — If SL is broken, the line stops extending and a ‘SL HIT’ label is displayed at the midpoint of the SL line.
• Adjustable Visual Settings — Customize signal label size, SL line width, colors, and more.
• Clean & Lightweight — Optimized for intraday use without cluttering the chart.
How to Use:
You can trade this indicator in two ways:
1. Direct Signal Entry — Take a BUY or SELL trade when a valid ▲/▼ reversal signal forms.
2. SL HIT Re-entry — If an existing SL line is broken and ‘SL HIT’ appears, you can optionally take an opposite side trade in the direction of the SL HIT.
Example:
A BUY signal is generated and an SL line is plotted below.
If price breaks the SL (SL HIT appears), you may consider entering a SELL trade at that point — as it indicates weakness.
Important Notes:
• Works only on 5-min timeframe — Set your chart to 5-min for correct behavior.
• Designed for intraday trading — all signals and SL levels reset at session start.
• Does not carry signals between sessions.
• SL lines and HIT labels provide a clear and simple visual aid for trade management.
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Pivot Liquidity Sweep [scalpmeister]📌 Pivot Liquidity Sweep
Scalp-oriented, liquidity sweep-based advanced signal and strategy indicator.
This indicator analyzes the price's sweeping of significant pivot levels and the subsequent breakouts to generate long/short signals based on different logics. It is sensitive to both classic sweep logic and strong reversal candles. Additionally, it visually marks liquidity gathering zones, offering excellent opportunities especially for scalp and intraday traders.
⚙️ Features and Strategy Types
🟢 Automatic Pivot Detection:
Pivot high/low levels are detected and stored based on the number of left and right bars.
🔴 Sweep Detection (Stop Hunt):
If the price violates a pivot level with a wick and closes inside, it is considered a sweep (liquidity cleaning). Strategies activate after this sweep.
🧠 5 Different Signal Styles:
SweepBreak:
It is expected that the extreme (high/low) level of the sweeping candle is broken with a close.
PivotBreak:
After the sweep, the first newly formed pivot in the trend direction is expected to break. (It is dynamically determined and drawn on the chart.)
StrongSweep:
It is sufficient if the candle following the sweep surpasses the previous candle with a single candle. No additional breakout is expected.
StrongCandle:
Strong momentum candles measured with a special RSI calculation are taken into account. It considers strong opposite-direction candles formed shortly after a pivot sweep.
ReversalCandleSweep:
Reversal candles that close in the opposite direction after a sweep (e.g., a red close on a sweep candle formed at the top or a green close at the bottom) are directly considered as signals.
📐 Technical Details:
Signals are triggered only once (triggered control).
Sweep lines (green/red), Long and Short lines (Orange)
Strong candles are filtered using an RSI-momentum-based measurement system (StrongCandle).
Sweep and breakout zones are dynamically invalidated. That is, if the zones are violated by the price, the signals and lines are automatically canceled.
🎯 Who Should Use It?
Professional traders working with liquidity zones
Scalp and intraday strategy practitioners
Those focused on stop hunts, sweeps, and reversal zones
🔔 Alert Support:
Sweep High / Low Alert
Long / Short Signal Alert
Trend Gauge [BullByte]Trend Gauge
Summary
A multi-factor trend detection indicator that aggregates EMA alignment, VWMA momentum scaling, volume spikes, ATR breakout strength, higher-timeframe confirmation, ADX-based regime filtering, and RSI pivot-divergence penalty into one normalized trend score. It also provides a confidence meter, a Δ Score momentum histogram, divergence highlights, and a compact, scalable dashboard for at-a-glance status.
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## 1. Purpose of the Indicator
Why this was built
Traders often monitor several indicators in parallel - EMAs, volume signals, volatility breakouts, higher-timeframe trends, ADX readings, divergence alerts, etc., which can be cumbersome and sometimes contradictory. The “Trend Gauge” indicator was created to consolidate these complementary checks into a single, normalized score that reflects the prevailing market bias (bullish, bearish, or neutral) and its strength. By combining multiple inputs with an adaptive regime filter, scaling contributions by magnitude, and penalizing weakening signals (divergence), this tool aims to reduce noise, highlight genuine trend opportunities, and warn when momentum fades.
Key Design Goals
Signal Aggregation
Merged trend-following signals (EMA crossover, ATR breakout, higher-timeframe confirmation) and momentum signals (VWMA thrust, volume spikes) into a unified score that reflects directional bias more holistically.
Market Regime Awareness
Implemented an ADX-style filter to distinguish between trending and ranging markets, reducing the influence of trend signals during sideways phases to avoid false breakouts.
Magnitude-Based Scaling
Replaced binary contributions with scaled inputs: VWMA thrust and ATR breakout are weighted relative to recent averages, allowing for more nuanced score adjustments based on signal strength.
Momentum Divergence Penalty
Integrated pivot-based RSI divergence detection to slightly reduce the overall score when early signs of momentum weakening are detected, improving risk-awareness in entries.
Confidence Transparency
Added a live confidence metric that shows what percentage of enabled sub-indicators currently agree with the overall bias, making the scoring system more interpretable.
Momentum Acceleration Visualization
Plotted the change in score (Δ Score) as a histogram bar-to-bar, highlighting whether momentum is increasing, flattening, or reversing, aiding in more timely decision-making.
Compact Informational Dashboard
Presented a clean, scalable dashboard that displays each component’s status, the final score, confidence %, detected regime (Trending/Ranging), and a labeled strength gauge for quick visual assessment.
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## 2. Why a Trader Should Use It
Main benefits and use cases
1. Unified View: Rather than juggling multiple windows or panels, this indicator delivers a single score synthesizing diverse signals.
2. Regime Filtering: In ranging markets, trend signals often generate false entries. The ADX-based regime filter automatically down-weights trend-following components, helping you avoid chasing false breakouts.
3. Nuanced Momentum & Volatility: VWMA and ATR breakout contributions are normalized by recent averages, so strong moves register strongly while smaller fluctuations are de-emphasized.
4. Early Warning of Weakening: Pivot-based RSI divergence is detected and used to slightly reduce the score when price/momentum diverges, giving a cautionary signal before a full reversal.
5. Confidence Meter: See at a glance how many sub-indicators align with the aggregated bias (e.g., “80% confidence” means 4 out of 5 components agree ). This transparency avoids black-box decisions.
6. Trend Acceleration/Deceleration View: The Δ Score histogram visualizes whether the aggregated score is rising (accelerating trend) or falling (momentum fading), supplementing the main oscillator.
7. Compact Dashboard: A corner table lists each check’s status (“Bull”, “Bear”, “Flat” or “Disabled”), plus overall Score, Confidence %, Regime, Trend Strength label, and a gauge bar. Users can scale text size (Normal, Small, Tiny) without removing elements, so the full picture remains visible even in compact layouts.
8. Customizable & Transparent: All components can be enabled/disabled and parameterized (lengths, thresholds, weights). The full Pine code is open and well-commented, letting users inspect or adapt the logic.
9. Alert-ready: Built-in alert conditions fire when the score crosses weak thresholds to bullish/bearish or returns to neutral, enabling timely notifications.
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## 3. Component Rationale (“Why These Specific Indicators?”)
Each sub-component was chosen because it adds complementary information about trend or momentum:
1. EMA Cross
o Basic trend measure: compares a faster EMA vs. a slower EMA. Quickly reflects trend shifts but by itself can whipsaw in sideways markets.
2. VWMA Momentum
o Volume-weighted moving average change indicates momentum with volume context. By normalizing (dividing by a recent average absolute change), we capture the strength of momentum relative to recent history. This scaling prevents tiny moves from dominating and highlights genuinely strong momentum.
3. Volume Spikes
o Sudden jumps in volume combined with price movement often accompany stronger moves or reversals. A binary detection (+1 for bullish spike, -1 for bearish spike) flags high-conviction bars.
4. ATR Breakout
o Detects price breaking beyond recent highs/lows by a multiple of ATR. Measures breakout strength by how far beyond the threshold price moves relative to ATR, capped to avoid extreme outliers. This gives a volatility-contextual trend signal.
5. Higher-Timeframe EMA Alignment
o Confirms whether the shorter-term trend aligns with a higher timeframe trend. Uses request.security with lookahead_off to avoid future data. When multiple timeframes agree, confidence in direction increases.
6. ADX Regime Filter (Manual Calculation)
o Computes directional movement (+DM/–DM), smoothes via RMA, computes DI+ and DI–, then a DX and ADX-like value. If ADX ≥ threshold, market is “Trending” and trend components carry full weight; if ADX < threshold, “Ranging” mode applies a configurable weight multiplier (e.g., 0.5) to trend-based contributions, reducing false signals in sideways conditions. Volume spikes remain binary (optional behavior; can be adjusted if desired).
7. RSI Pivot-Divergence Penalty
o Uses ta.pivothigh / ta.pivotlow with a lookback to detect pivot highs/lows on price and corresponding RSI values. When price makes a higher high but RSI makes a lower high (bearish divergence), or price makes a lower low but RSI makes a higher low (bullish divergence), a divergence signal is set. Rather than flipping the trend outright, the indicator subtracts (or adds) a small penalty (configurable) from the aggregated score if it would weaken the current bias. This subtle adjustment warns of weakening momentum without overreacting to noise.
8. Confidence Meter
o Counts how many enabled components currently agree in direction with the aggregated score (i.e., component sign × score sign > 0). Displays this as a percentage. A high percentage indicates strong corroboration; a low percentage warns of mixed signals.
9. Δ Score Momentum View
o Plots the bar-to-bar change in the aggregated score (delta_score = score - score ) as a histogram. When positive, bars are drawn in green above zero; when negative, bars are drawn in red below zero. This reveals acceleration (rising Δ) or deceleration (falling Δ), supplementing the main oscillator.
10. Dashboard
• A table in the indicator pane’s top-right with 11 rows:
1. EMA Cross status
2. VWMA Momentum status
3. Volume Spike status
4. ATR Breakout status
5. Higher-Timeframe Trend status
6. Score (numeric)
7. Confidence %
8. Regime (“Trending” or “Ranging”)
9. Trend Strength label (e.g., “Weak Bullish Trend”, “Strong Bearish Trend”)
10. Gauge bar visually representing score magnitude
• All rows always present; size_opt (Normal, Small, Tiny) only changes text size via text_size, not which elements appear. This ensures full transparency.
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## 4. What Makes This Indicator Stand Out
• Regime-Weighted Multi-Factor Score: Trend and momentum signals are adaptively weighted by market regime (trending vs. ranging) , reducing false signals.
• Magnitude Scaling: VWMA and ATR breakout contributions are normalized by recent average momentum or ATR, giving finer gradation compared to simple ±1.
• Integrated Divergence Penalty: Divergence directly adjusts the aggregated score rather than appearing as a separate subplot; this influences alerts and trend labeling in real time.
• Confidence Meter: Shows the percentage of sub-signals in agreement, providing transparency and preventing blind trust in a single metric.
• Δ Score Histogram Momentum View: A histogram highlights acceleration or deceleration of the aggregated trend score, helping detect shifts early.
• Flexible Dashboard: Always-visible component statuses and summary metrics in one place; text size scaling keeps the full picture available in cramped layouts.
• Lookahead-Safe HTF Confirmation: Uses lookahead_off so no future data is accessed from higher timeframes, avoiding repaint bias.
• Repaint Transparency: Divergence detection uses pivot functions that inherently confirm only after lookback bars; description documents this lag so users understand how and when divergence labels appear.
• Open-Source & Educational: Full, well-commented Pine v6 code is provided; users can learn from its structure: manual ADX computation, conditional plotting with series = show ? value : na, efficient use of table.new in barstate.islast, and grouped inputs with tooltips.
• Compliance-Conscious: All plots have descriptive titles; inputs use clear names; no unnamed generic “Plot” entries; manual ADX uses RMA; all request.security calls use lookahead_off. Code comments mention repaint behavior and limitations.
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## 5. Recommended Timeframes & Tuning
• Any Timeframe: The indicator works on small (e.g., 1m) to large (daily, weekly) timeframes. However:
o On very low timeframes (<1m or tick charts), noise may produce frequent whipsaws. Consider increasing smoothing lengths, disabling certain components (e.g., volume spike if volume data noisy), or using a larger pivot lookback for divergence.
o On higher timeframes (daily, weekly), consider longer lookbacks for ATR breakout or divergence, and set Higher-Timeframe trend appropriately (e.g., 4H HTF when on 5 Min chart).
• Defaults & Experimentation: Default input values are chosen to be balanced for many liquid markets. Users should test with replay or historical analysis on their symbol/timeframe and adjust:
o ADX threshold (e.g., 20–30) based on instrument volatility.
o VWMA and ATR scaling lengths to match average volatility cycles.
o Pivot lookback for divergence: shorter for faster markets, longer for slower ones.
• Combining with Other Analysis: Use in conjunction with price action, support/resistance, candlestick patterns, order flow, or other tools as desired. The aggregated score and alerts can guide attention but should not be the sole decision-factor.
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## 6. How Scoring and Logic Works (Step-by-Step)
1. Compute Sub-Scores
o EMA Cross: Evaluate fast EMA > slow EMA ? +1 : fast EMA < slow EMA ? -1 : 0.
o VWMA Momentum: Calculate vwma = ta.vwma(close, length), then vwma_mom = vwma - vwma . Normalize: divide by recent average absolute momentum (e.g., ta.sma(abs(vwma_mom), lookback)), clip to .
o Volume Spike: Compute vol_SMA = ta.sma(volume, len). If volume > vol_SMA * multiplier AND price moved up ≥ threshold%, assign +1; if moved down ≥ threshold%, assign -1; else 0.
o ATR Breakout: Determine recent high/low over lookback. If close > high + ATR*mult, compute distance = close - (high + ATR*mult), normalize by ATR, cap at a configured maximum. Assign positive contribution. Similarly for bearish breakout below low.
o Higher-Timeframe Trend: Use request.security(..., lookahead=barmerge.lookahead_off) to fetch HTF EMAs; assign +1 or -1 based on alignment.
2. ADX Regime Weighting
o Compute manual ADX: directional movements (+DM, –DM), smoothed via RMA, DI+ and DI–, then DX and ADX via RMA. If ADX ≥ threshold, market is considered “Trending”; otherwise “Ranging.”
o If trending, trend-based contributions (EMA, VWMA, ATR, HTF) use full weight = 1.0. If ranging, use weight = ranging_weight (e.g., 0.5) to down-weight them. Volume spike stays binary ±1 (optional to change if desired).
3. Aggregate Raw Score
o Sum weighted contributions of all enabled components. Count the number of enabled components; if zero, default count = 1 to avoid division by zero.
4. Divergence Penalty
o Detect pivot highs/lows on price and corresponding RSI values, using a lookback. When price and RSI diverge (bearish or bullish divergence), check if current raw score is in the opposing direction:
If bearish divergence (price higher high, RSI lower high) and raw score currently positive, subtract a penalty (e.g., 0.5).
If bullish divergence (price lower low, RSI higher low) and raw score currently negative, add a penalty.
o This reduces score magnitude to reflect weakening momentum, without flipping the trend outright.
5. Normalize and Smooth
o Normalized score = (raw_score / number_of_enabled_components) * 100. This yields a roughly range.
o Optional EMA smoothing of this normalized score to reduce noise.
6. Interpretation
o Sign: >0 = net bullish bias; <0 = net bearish bias; near zero = neutral.
o Magnitude Zones: Compare |score| to thresholds (Weak, Medium, Strong) to label trend strength (e.g., “Weak Bullish Trend”, “Medium Bearish Trend”, “Strong Bullish Trend”).
o Δ Score Histogram: The histogram bars from zero show change from previous bar’s score; positive bars indicate acceleration, negative bars indicate deceleration.
o Confidence: Percentage of sub-indicators aligned with the score’s sign.
o Regime: Indicates whether trend-based signals are fully weighted or down-weighted.
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## 7. Oscillator Plot & Visualization: How to Read It
Main Score Line & Area
The oscillator plots the aggregated score as a line, with colored fill: green above zero for bullish area, red below zero for bearish area. Horizontal reference lines at ±Weak, ±Medium, and ±Strong thresholds mark zones: crossing above +Weak suggests beginning of bullish bias, above +Medium for moderate strength, above +Strong for strong trend; similarly for bearish below negative thresholds.
Δ Score Histogram
If enabled, a histogram shows score - score . When positive, bars appear in green above zero, indicating accelerating bullish momentum; when negative, bars appear in red below zero, indicating decelerating or reversing momentum. The height of each bar reflects the magnitude of change in the aggregated score from the prior bar.
Divergence Highlight Fill
If enabled, when a pivot-based divergence is confirmed:
• Bullish Divergence : fill the area below zero down to –Weak threshold in green, signaling potential reversal from bearish to bullish.
• Bearish Divergence : fill the area above zero up to +Weak threshold in red, signaling potential reversal from bullish to bearish.
These fills appear with a lag equal to pivot lookback (the number of bars needed to confirm the pivot). They do not repaint after confirmation, but users must understand this lag.
Trend Direction Label
When score crosses above or below the Weak threshold, a small label appears near the score line reading “Bullish” or “Bearish.” If the score returns within ±Weak, the label “Neutral” appears. This helps quickly identify shifts at the moment they occur.
Dashboard Panel
In the indicator pane’s top-right, a table shows:
1. EMA Cross status: “Bull”, “Bear”, “Flat”, or “Disabled”
2. VWMA Momentum status: similarly
3. Volume Spike status: “Bull”, “Bear”, “No”, or “Disabled”
4. ATR Breakout status: “Bull”, “Bear”, “No”, or “Disabled”
5. Higher-Timeframe Trend status: “Bull”, “Bear”, “Flat”, or “Disabled”
6. Score: numeric value (rounded)
7. Confidence: e.g., “80%” (colored: green for high, amber for medium, red for low)
8. Regime: “Trending” or “Ranging” (colored accordingly)
9. Trend Strength: textual label based on magnitude (e.g., “Medium Bullish Trend”)
10. Gauge: a bar of blocks representing |score|/100
All rows remain visible at all times; changing Dashboard Size only scales text size (Normal, Small, Tiny).
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## 8. Example Usage (Illustrative Scenario)
Example: BTCUSD 5 Min
1. Setup: Add “Trend Gauge ” to your BTCUSD 5 Min chart. Defaults: EMAs (8/21), VWMA 14 with lookback 3, volume spike settings, ATR breakout 14/5, HTF = 5m (or adjust to 4H if preferred), ADX threshold 25, ranging weight 0.5, divergence RSI length 14 pivot lookback 5, penalty 0.5, smoothing length 3, thresholds Weak=20, Medium=50, Strong=80. Dashboard Size = Small.
2. Trend Onset: At some point, price breaks above recent high by ATR multiple, volume spikes upward, faster EMA crosses above slower EMA, HTF EMA also bullish, and ADX (manual) ≥ threshold → aggregated score rises above +20 (Weak threshold) into +Medium zone. Dashboard shows “Bull” for EMA, VWMA, Vol Spike, ATR, HTF; Score ~+60–+70; Confidence ~100%; Regime “Trending”; Trend Strength “Medium Bullish Trend”; Gauge ~6–7 blocks. Δ Score histogram bars are green and rising, indicating accelerating bullish momentum. Trader notes the alignment.
3. Divergence Warning: Later, price makes a slightly higher high but RSI fails to confirm (lower RSI high). Pivot lookback completes; the indicator highlights a bearish divergence fill above zero and subtracts a small penalty from the score, causing score to stall or retrace slightly. Dashboard still bullish but score dips toward +Weak. This warns the trader to tighten stops or take partial profits.
4. Trend Weakens: Score eventually crosses below +Weak back into neutral; a “Neutral” label appears, and a “Neutral Trend” alert fires if enabled. Trader exits or avoids new long entries. If score subsequently crosses below –Weak, a “Bearish” label and alert occur.
5. Customization: If the trader finds VWMA noise too frequent on this instrument, they may disable VWMA or increase lookback. If ATR breakouts are too rare, adjust ATR length or multiplier. If ADX threshold seems off, tune threshold. All these adjustments are explained in Inputs section.
6. Visualization: The screenshot shows the main score oscillator with colored areas, reference lines at ±20/50/80, Δ Score histogram bars below/above zero, divergence fill highlighting potential reversal, and the dashboard table in the top-right.
________________________________________
## 9. Inputs Explanation
A concise yet clear summary of inputs helps users understand and adjust:
1. General Settings
• Theme (Dark/Light): Choose background-appropriate colors for the indicator pane.
• Dashboard Size (Normal/Small/Tiny): Scales text size only; all dashboard elements remain visible.
2. Indicator Settings
• Enable EMA Cross: Toggle on/off basic EMA alignment check.
o Fast EMA Length and Slow EMA Length: Periods for EMAs.
• Enable VWMA Momentum: Toggle VWMA momentum check.
o VWMA Length: Period for VWMA.
o VWMA Momentum Lookback: Bars to compare VWMA to measure momentum.
• Enable Volume Spike: Toggle volume spike detection.
o Volume SMA Length: Period to compute average volume.
o Volume Spike Multiplier: How many times above average volume qualifies as spike.
o Min Price Move (%): Minimum percent change in price during spike to qualify as bullish or bearish.
• Enable ATR Breakout: Toggle ATR breakout detection.
o ATR Length: Period for ATR.
o Breakout Lookback: Bars to look back for recent highs/lows.
o ATR Multiplier: Multiplier for breakout threshold.
• Enable Higher Timeframe Trend: Toggle HTF EMA alignment.
o Higher Timeframe: E.g., “5” for 5-minute when on 1-minute chart, or “60” for 5 Min when on 15m, etc. Uses lookahead_off.
• Enable ADX Regime Filter: Toggles regime-based weighting.
o ADX Length: Period for manual ADX calculation.
o ADX Threshold: Value above which market considered trending.
o Ranging Weight Multiplier: Weight applied to trend components when ADX < threshold (e.g., 0.5).
• Scale VWMA Momentum: Toggle normalization of VWMA momentum magnitude.
o VWMA Mom Scale Lookback: Period for average absolute VWMA momentum.
• Scale ATR Breakout Strength: Toggle normalization of breakout distance by ATR.
o ATR Scale Cap: Maximum multiple of ATR used for breakout strength.
• Enable Price-RSI Divergence: Toggle divergence detection.
o RSI Length for Divergence: Period for RSI.
o Pivot Lookback for Divergence: Bars on each side to identify pivot high/low.
o Divergence Penalty: Amount to subtract/add to score when divergence detected (e.g., 0.5).
3. Score Settings
• Smooth Score: Toggle EMA smoothing of normalized score.
• Score Smoothing Length: Period for smoothing EMA.
• Weak Threshold: Absolute score value under which trend is considered weak or neutral.
• Medium Threshold: Score above Weak but below Medium is moderate.
• Strong Threshold: Score above this indicates strong trend.
4. Visualization Settings
• Show Δ Score Histogram: Toggle display of the bar-to-bar change in score as a histogram. Default true.
• Show Divergence Fill: Toggle background fill highlighting confirmed divergences. Default true.
Each input has a tooltip in the code.
________________________________________
## 10. Limitations, Repaint Notes, and Disclaimers
10.1. Repaint & Lag Considerations
• Pivot-Based Divergence Lag: The divergence detection uses ta.pivothigh / ta.pivotlow with a specified lookback. By design, a pivot is only confirmed after the lookback number of bars. As a result:
o Divergence labels or fills appear with a delay equal to the pivot lookback.
o Once the pivot is confirmed and the divergence is detected, the fill/label does not repaint thereafter, but you must understand and accept this lag.
o Users should not treat divergence highlights as predictive signals without additional confirmation, because they appear after the pivot has fully formed.
• Higher-Timeframe EMA Alignment: Uses request.security(..., lookahead=barmerge.lookahead_off), so no future data from the higher timeframe is used. This avoids lookahead bias and ensures signals are based only on completed higher-timeframe bars.
• No Future Data: All calculations are designed to avoid using future information. For example, manual ADX uses RMA on past data; security calls use lookahead_off.
10.2. Market & Noise Considerations
• In very choppy or low-liquidity markets, some components (e.g., volume spikes or VWMA momentum) may be noisy. Users can disable or adjust those components’ parameters.
• On extremely low timeframes, noise may dominate; consider smoothing lengths or disabling certain features.
• On very high timeframes, pivots and breakouts occur less frequently; adjust lookbacks accordingly to avoid sparse signals.
10.3. Not a Standalone Trading System
• This is an indicator, not a complete trading strategy. It provides signals and context but does not manage entries, exits, position sizing, or risk management.
• Users must combine it with their own analysis, money management, and confirmations (e.g., price patterns, support/resistance, fundamental context).
• No guarantees: past behavior does not guarantee future performance.
10.4. Disclaimers
• Educational Purposes Only: The script is provided as-is for educational and informational purposes. It does not constitute financial, investment, or trading advice.
• Use at Your Own Risk: Trading involves risk of loss. Users should thoroughly test and use proper risk management.
• No Guarantees: The author is not responsible for trading outcomes based on this indicator.
• License: Published under Mozilla Public License 2.0; code is open for viewing and modification under MPL terms.
________________________________________
## 11. Alerts
• The indicator defines three alert conditions:
1. Bullish Trend: when the aggregated score crosses above the Weak threshold.
2. Bearish Trend: when the score crosses below the negative Weak threshold.
3. Neutral Trend: when the score returns within ±Weak after being outside.
Good luck
– BullByte
SAFE Leverage Pro x50Safe Leverage Pro x50 — Safe leverage based on timeframes
Description:
Safe Leverage Pro x50 is an indicator designed to help traders choose prudent and realistic leverage, tailored to the timeframe being traded and the asset chosen.
Based on rigorous statistical research, this indicator provides a visual recommendation of the maximum typical leverage by timeframe and automatically suggests a more conservative value (by default, half) for trading with greater peace of mind and risk control.
* The goal is not for the indicator to make decisions for you, but rather to support your pre-defined entry strategies, allowing you to clearly understand how much leverage you can use without compromising your account against normal price fluctuations.
*The indicator does not calculate based on real-time volatility or ATR, but rather relies on statistical historical patterns obtained by analyzing price behavior after entry, differentiating between average movements in long and short entries by timeframe.
Important: Before following the recommendations of this indicator, check the maximum leverage your broker or exchange allows for the asset you are trading, as it can vary significantly between platforms.
* Philosophy behind the indicator:
This project arises as a response to the simplistic discourse that condemns leverage without distinguishing nuances.
Leverage is not intrinsically bad. What is dangerous is leveraging without method, without awareness, and without risk management.
Safe Leverage Pro x50 is designed to change that narrative:
** It's not about whether or not to use leverage, but when, how much, and how to use it intelligently.
Momentum Candle by Sekolah Trading## 🔷 Introduction
**Momentum Candle by Sekolah Trading** is a proprietary price action tool that identifies high-conviction candles with large bodies and minimal wicks, based on dynamically adjusted thresholds tailored to each pair and timeframe. This script helps traders recognize moments of price acceleration that often precede breakouts, trend continuation, or sharp reversals.
---
## 🔷 What Makes This Script Unique (Originality & Utility)
Unlike traditional candle filters that rely on static size comparisons, this indicator uses:
- **Instrument-specific pip sensitivity**: Automatically detects if the pair is XAUUSD, JPY-based, or other Forex instruments.
- **Timeframe-based calibration**: Adjusts body size thresholds dynamically for 5m, 15m, 30m, and 1h.
- **Wick ratio control**: Validates only candles with short wicks (<30%), filtering indecisive moves.
- **Non-repainting logic**: Signals appear after candle close, with no future data lookahead.
This logic has been tested and refined internally by **Sekolah Trading**, designed for scalpers and intraday traders who rely on clean price action structure.
---
## 🔷 How It Works
1. **Pair & Timeframe Detection**
Adjusts `minRange` dynamically based on:
- Gold (XAUUSD), JPY pairs, or other Forex
- Timeframe: 5m to 1h
2. **Candle Structure Analysis**
- Calculates body = `abs(open - close)`
- Wick = `upper + lower shadows`
- Valid only if wick is under 30% of total candle
3. **Conditions for Signal**
- Body ≥ minRange
- Wick ≤ 30%
- Clear bullish or bearish direction
4. **Plots**
- 🔺 Blue triangle = Bullish momentum candle
- 🔻 Red triangle = Bearish momentum candle
---
## 🔷 How to Use
1. **Add to any 5m–1h chart**, ideally on XAUUSD or major Forex pairs
2. **Wait for signal triangle** to appear at the close of a candle
3. Use with:
- Trend indicators (MA, Supertrend, etc.)
- Support/resistance zones
- Breakout levels
4. **Set alerts** using:
`Momentum Candle (Body)`
---
## 🔷 Why This Script is Closed-Source
This indicator includes proprietary logic created by **Sekolah Trading** for professional and community use:
- Original dynamic pip sensitivity calibration
- Custom multi-condition filtering
- Non-reused, non-public logic with adaptive precision
The source is protected to prevent unauthorized duplication. However, all relevant logic and intent have been clearly explained above as required by TradingView’s House Rules.
---
## 🔷 Disclaimer
This indicator does not provide financial advice or guaranteed signals. Always combine with your own analysis and risk management. Historical performance does not guarantee future results.
---
## 🔷 Suggested Tags
`momentum`, `price action`, `breakout`, `forex`, `xauusd`, `jpy`, `scalping`, `candle`, `non-repainting`, `trend confirmation`
SimpleBiasSimpleBias - Multi-Timeframe Bias Analysis Indicator
Overview
SimpleBias is a comprehensive multi-timeframe bias analysis indicator designed to help traders make informed trading decisions by displaying market bias across multiple timeframes in a clean, organized table format.
Key Features
Multi-Timeframe Analysis
8 Timeframes Supported : 1M, 1W, 1D, 4H, 1H, 15m, 5m, 1m
Adaptive Display : Shows only relevant timeframes based on current chart timeframe
Real-time Bias Detection : Compares current open price with previous period's open price
Signal Generation
Day Trading Mode : Ideal for 15-minute timeframe analysis
Scalping Mode : Optimized for 5-minute timeframe trading
Signal OFF : Pure bias analysis without trade signals
Customization Options
Theme Support : Light mode and dark mode with automatic color adaptation
Position Control : Table can be positioned at top-right, middle-right, or bottom-right
Size Options : Tiny, small, or normal text size
Color Customization : Full control over bias colors, signal colors, and interface elements
Transparency : Optional transparent background for cleaner chart appearance
How It Works
Bias Calculation
The indicator determines market bias by comparing the current timeframe's open price with the previous period's open price:
BULLISH : Current open > Previous open
BEARISH : Current open < Previous open
NEUTRAL : Current open = Previous open
Adaptive Timeframe Display
The indicator intelligently shows only relevant timeframes based on your current chart:
On 1M chart: Shows 1M bias only
On 1W chart: Shows 1M, 1W bias
On 1D chart: Shows 1M, 1W, 1D bias
And so on...
Signal Logic
Day Trading : Compares current price with 4H open price
Scalping : Compares current price with 1H open price
Usage Instructions
Add to Chart : Apply the indicator to any timeframe chart
Configure Settings :
- Choose table position and text size
- Select signal mode (OFF/Day Trade/Scalping)
- Customize colors and theme
Interpret Results :
- Green/Blue text = Bullish bias
- Red text = Bearish bias
- Gray text = Neutral bias
Customization Guide
Theme Settings
Light Mode : Traditional white background with dark text
Dark Mode : Dark background with light text, optimized for dark charts
Transparent Background : Clean overlay without background color
Color Schemes
Bias Colors : Separate customization for bullish, bearish, and neutral bias
Signal Colors : Distinct colors for buy, sell, and neutral signals
Interface : Control table background and border colors
Best Practices
For Day Trading
Use 15-minute or 1-hour charts
Enable "Day Trade" signal mode
Focus on 4H and higher timeframe bias alignment
For Scalping
Use 5-minute charts
Enable "Scalping" signal mode
Watch for 1H and 4H bias alignment
For Swing Trading
Use 4H or daily charts
Keep signal mode OFF
Focus on weekly and monthly bias alignment
Important Notes
This indicator is for educational and analysis purposes only
Not financial advice - always do your own research
Past performance does not guarantee future results
Risk management is essential in all trading activities
Technical Specifications
Pine Script Version : v6
Overlay : True (displays on price chart)
Performance : Optimized with cached security requests
Compatibility : Works on all TradingView timeframes and instruments
---
SimpleBias - Indikator Analisis Bias Multi-Timeframe
Gambaran Umum
SimpleBias adalah indikator analisis bias multi-timeframe yang komprehensif, dirancang untuk membantu trader membuat keputusan trading yang tepat dengan menampilkan bias pasar di berbagai timeframe dalam format tabel yang bersih dan terorganisir.
Fitur Utama
Analisis Multi-Timeframe
8 Timeframe Didukung : 1M, 1W, 1D, 4H, 1H, 15m, 5m, 1m
Tampilan Adaptif : Hanya menampilkan timeframe yang relevan berdasarkan timeframe chart saat ini
Deteksi Bias Real-time : Membandingkan harga open saat ini dengan harga open periode sebelumnya
Mode Sinyal Trading
Mode Day Trading : Ideal untuk analisis timeframe 15 menit
Mode Scalping : Dioptimalkan untuk trading timeframe 5 menit
Mode OFF : Analisis bias murni tanpa sinyal trading
Opsi Kustomisasi
Dukungan Theme : Mode terang dan gelap dengan adaptasi warna otomatis
Kontrol Posisi : Tabel dapat diposisikan di kanan-atas, kanan-tengah, atau kanan-bawah
Opsi Ukuran : Ukuran teks kecil, sedang, atau normal
Kustomisasi Warna : Kontrol penuh atas warna bias, warna sinyal, dan elemen interface
Transparansi : Background transparan opsional untuk chart yang lebih bersih
Cara Kerja
Perhitungan Bias
Indikator menentukan bias pasar dengan membandingkan harga open timeframe saat ini dengan harga open periode sebelumnya:
BULLISH : Open saat ini > Open sebelumnya
BEARISH : Open saat ini < Open sebelumnya
NEUTRAL : Open saat ini = Open sebelumnya
Petunjuk Penggunaan
Tambahkan ke Chart : Terapkan indikator ke chart timeframe apapun
Konfigurasi Settings :
- Pilih posisi tabel dan ukuran teks
- Pilih mode sinyal (OFF/Day Trade/Scalping)
- Sesuaikan warna dan theme
Interpretasi Hasil :
- Teks hijau/biru = Bias bullish
- Teks merah = Bias bearish
- Teks abu-abu = Bias neutral
Best Practices
Untuk Day Trading
Gunakan chart 15 menit atau 1 jam
Aktifkan mode sinyal "Day Trade"
Fokus pada alignment bias timeframe 4H ke atas
Untuk Scalping
Gunakan chart 5 menit
Aktifkan mode sinyal "Scalping"
Perhatikan alignment bias 1H dan 4H
Catatan Penting
Indikator ini hanya untuk tujuan edukasi dan analisis
Bukan nasihat keuangan - selalu lakukan riset sendiri
Performa masa lalu tidak menjamin hasil masa depan
Manajemen risiko sangat penting dalam semua aktivitas trading
SimpleBias membantu trader mempertahankan kesadaran terhadap bias pasar di berbagai timeframe, mendukung timing dan pengambilan keputusan yang lebih baik dalam strategi trading mereka.
CHN BUY SELL with EMA 200Overview
This indicator combines RSI 7 momentum signals with EMA 200 trend filtering to generate high-probability BUY and SELL entry points. It uses colored candles to highlight key market conditions and displays clear trading signals with built-in cooldown periods to prevent signal spam.
Key Features
Colored Candles: Visual momentum indicators based on RSI 7 levels
Trend Filtering: EMA 200 confirms overall market direction
Signal Cooldown: Prevents over-trading with adjustable waiting periods
Clean Interface: Simple BUY/SELL labels without clutter
How It Works
Candle Coloring System
Yellow Candles: Appear when RSI 7 ≥ 70 (overbought momentum)
Purple Candles: Appear when RSI 7 ≤ 30 (oversold momentum)
Normal Candles: All other market conditions
Trading Signals
BUY Signal: Triggered when closing price > EMA 200 AND yellow candle appears
SELL Signal: Triggered when closing price < EMA 200 AND purple candle appears
Signal Cooldown
After a BUY or SELL signal appears, the same signal type is suppressed for a specified number of candles (default: 5) to prevent excessive signals in ranging markets.
Settings
RSI 7 Length: Period for RSI calculation (default: 7)
RSI 7 Overbought: Threshold for yellow candles (default: 70)
RSI 7 Oversold: Threshold for purple candles (default: 30)
EMA Length: Period for trend filter (default: 200)
Signal Cooldown: Candles to wait between same signal type (default: 5)
How to Use
Apply the indicator to your chart
Look for yellow or purple colored candles
For LONG entries: Wait for yellow candle above EMA 200, then enter BUY when signal appears
For SHORT entries: Wait for purple candle below EMA 200, then enter SELL when signal appears
Use appropriate risk management and position sizing
Best Practices
Works best on timeframes M15 and higher
Suitable for Forex, Gold, Crypto, and Stock markets
Consider market volatility when setting stop-loss and take-profit levels
Use in conjunction with proper risk management strategies
Technical Details
Overlay: True (plots directly on price chart)
Calculation: Based on RSI momentum and EMA trend analysis
Signal Logic: Combines momentum exhaustion with trend direction
Visual Feedback: Colored candles provide immediate market condition awareness
Ultimate Scalping Tool[BullByte]Overview
The Ultimate Scalping Tool is an open-source TradingView indicator built for scalpers and short-term traders released under the Mozilla Public License 2.0. It uses a custom Quantum Flux Candle (QFC) oscillator to combine multiple market forces into one visual signal. In plain terms, the script reads momentum, trend strength, volatility, and volume together and plots a special “candlestick” each bar (the QFC) that reflects the overall market bias. This unified view makes it easier to spot entries and exits: the tool labels signals as Strong Buy/Sell, Pullback (a brief retracement in a trend), Early Entry, or Exit Warning . It also provides color-coded alerts and a small dashboard of metrics. In practice, traders see green/red oscillator bars and symbols on the chart when conditions align, helping them scalp or trend-follow without reading multiple separate indicators.
Core Components
Quantum Flux Candle (QFC) Construction
The QFC is the heart of the indicator. Rather than using raw price, it creates a candlestick-like bar from the underlying oscillator values. Each QFC bar has an “open,” “high/low,” and “close” derived from calculated momentum and volatility inputs for that period . In effect, this turns the oscillator into intuitive candle patterns so traders can recognize momentum shifts visually. (For comparison, note that Heikin-Ashi candles “have a smoother look because take an average of the movement”. The QFC instead represents exact oscillator readings, so it reflects true momentum changes without hiding price action.) Colors of QFC bars change dynamically (e.g. green for bullish momentum, red for bearish) to highlight shifts. This is the first open-source QFC oscillator that dynamically weights four non-correlated indicators with moving thresholds, which makes it a unique indicator on its own.
Oscillator Normalization & Adaptive Weights
The script normalizes its oscillator to a fixed scale (for example, a 0–100 range much like the RSI) so that various inputs can be compared fairly. It then applies adaptive weighting: the relative influence of trend, momentum, volatility or volume signals is automatically adjusted based on current market conditions. For instance, in very volatile markets the script might weight volatility more heavily, or in a strong trend it might give extra weight to trend direction. Normalizing data and adjusting weights helps keep the QFC sensitive but stable (normalization ensures all inputs fit a common scale).
Trend/Momentum/Volume/Volatility Fusion
Unlike a typical single-factor oscillator, the QFC oscillator fuses four aspects at once. It may compute, for example, a trend indicator (such as an ADX or moving average slope), a momentum measure (like RSI or Rate-of-Change), a volume-based pressure (similar to MFI/OBV), and a volatility measure (like ATR) . These different values are combined into one composite oscillator. This “multi-dimensional” approach follows best practices of using non-correlated indicators (trend, momentum, volume, volatility) for confirmation. By encoding all these signals in one line, a high QFC reading means that trend, momentum, and volume are all aligned, whereas a neutral reading might mean mixed conditions. This gives traders a comprehensive picture of market strength.
Signal Classification
The script interprets the QFC oscillator to label trades. For example:
• Strong Buy/Sell : Triggered when the oscillator crosses a high-confidence threshold (e.g. breaks clearly above zero with strong slope), indicating a well-confirmed move. This is like seeing a big green/red QFC candle aligned with the trend.
• Pullbacks : Identified when the trend is up but momentum dips briefly. A Pullback Buy appears if the overall trend is bullish but the oscillator has a short retracement – a typical buying opportunity in an uptrend. (A pullback is “a brief decline or pause in a generally upward price trend”.)
• Early Buy/Sell : Marks an initial swing in the oscillator suggesting a possible new trend, before it is fully confirmed. It’s a hint of momentum building (an early-warning signal), not as strong as the confirmed “Strong” signal.
• Exit Warnings : Issued when momentum peaks or reverses. For instance, if the QFC bars reach a high and start turning red/green opposite, the indicator warns that the move may be ending. In other words, a Momentum Peak is the point of maximum strength after which weakness may follow.
These categories correspond to typical trading concepts: Pullback (temporary reversal in an uptrend), Early Buy (an initial bullish cross), Strong Buy (confirmed bullish momentum), and Momentum Peak (peak oscillator value suggesting exhaustion).
Filters (DI Reversal, Dynamic Thresholds, HTF EMA/ADX)
Extra filters help avoid bad trades. A DI Reversal filter uses the +DI/–DI lines (from the ADX system) to require that the trend direction confirms the signal . For example, it might ignore a buy signal if the +DI is still below –DI. Dynamic Thresholds adjust signal levels on-the-fly: rather than fixed “overbought” lines, they move with volatility so signals happen under appropriate market stress. An optional High-Timeframe EMA or ADX filter adds a check against a larger timeframe trend: for instance, only taking a trade if price is above the weekly EMA or if weekly ADX shows a strong trend. (Notably, the ADX is “a technical indicator used by traders to determine the strength of a price trend”, so requiring a high-timeframe ADX avoids trading against the bigger trend.)
Dashboard Metrics & Color Logic
The Dashboard in the Ultimate Scalping Tool (UST) serves as a centralized information hub, providing traders with real-time insights into market conditions, trend strength, momentum, volume pressure, and trade signals. It is highly customizable, allowing users to adjust its appearance and content based on their preferences.
1. Dashboard Layout & Customization
Short vs. Extended Mode : Users can toggle between a compact view (9 rows) and an extended view (13 rows) via the `Short Dashboard` input.
Text Size Options : The dashboard supports three text sizes— Tiny, Small, and Normal —adjustable via the `Dashboard Text Size` input.
Positioning : The dashboard is positioned in the top-right corner by default but can be moved if modified in the script.
2. Key Metrics Displayed
The dashboard presents critical trading metrics in a structured table format:
Trend (TF) : Indicates the current trend direction (Strong Bullish, Moderate Bullish, Sideways, Moderate Bearish, Strong Bearish) based on normalized trend strength (normTrend) .
Momentum (TF) : Displays momentum status (Strong Bullish/Bearish or Neutral) derived from the oscillator's position relative to dynamic thresholds.
Volume (CMF) : Shows buying/selling pressure levels (Very High Buying, High Selling, Neutral, etc.) based on the Chaikin Money Flow (CMF) indicator.
Basic & Advanced Signals:
Basic Signal : Provides simple trade signals (Strong Buy, Strong Sell, Pullback Buy, Pullback Sell, No Trade).
Advanced Signal : Offers nuanced signals (Early Buy/Sell, Momentum Peak, Weakening Momentum, etc.) with color-coded alerts.
RSI : Displays the Relative Strength Index (RSI) value, colored based on overbought (>70), oversold (<30), or neutral conditions.
HTF Filter : Indicates the higher timeframe trend status (Bullish, Bearish, Neutral) when using the Leading HTF Filter.
VWAP : Shows the V olume-Weighted Average Price and whether the current price is above (bullish) or below (bearish) it.
ADX : Displays the Average Directional Index (ADX) value, with color highlighting whether it is rising (green) or falling (red).
Market Mode : Shows the selected market type (Crypto, Stocks, Options, Forex, Custom).
Regime : Indicates volatility conditions (High, Low, Moderate) based on the **ATR ratio**.
3. Filters Status Panel
A secondary panel displays the status of active filters, helping traders quickly assess which conditions are influencing signals:
- DI Reversal Filter: On/Off (confirms reversals before generating signals).
- Dynamic Thresholds: On/Off (adjusts buy/sell thresholds based on volatility).
- Adaptive Weighting: On/Off (auto-adjusts oscillator weights for trend/momentum/volatility).
- Early Signal: On/Off (enables early momentum-based signals).
- Leading HTF Filter: On/Off (applies higher timeframe trend confirmation).
4. Visual Enhancements
Color-Coded Cells : Each metric is color-coded (green for bullish, red for bearish, gray for neutral) for quick interpretation.
Dynamic Background : The dashboard background adapts to market conditions (bullish/bearish/neutral) based on ADX and DI trends.
Customizable Reference Lines : Users can enable/disable fixed reference lines for the oscillator.
How It(QFC) Differs from Traditional Indicators
Quantum Flux Candle (QFC) Versus Heikin-Ashi
Heikin-Ashi candles smooth price by averaging (HA’s open/close use averages) so they show trend clearly but hide true price (the current HA bar’s close is not the real price). QFC candles are different: they are oscillator values, not price averages . A Heikin-Ashi chart “has a smoother look because it is essentially taking an average of the movement”, which can cause lag. The QFC instead shows the raw combined momentum each bar, allowing faster recognition of shifts. In short, HA is a smoothed price chart; QFC is a momentum-based chart.
Versus Standard Oscillators
Common oscillators like RSI or MACD use fixed formulas on price (or price+volume). For example, RSI “compares gains and losses and normalizes this value on a scale from 0 to 100”, reflecting pure price momentum. MFI is similar but adds volume. These indicators each show one dimension: momentum or volume. The Ultimate Scalping Tool’s QFC goes further by integrating trend strength and volatility too. In practice, this means a move that looks strong on RSI might be downplayed by low volume or weak trend in QFC. As one source notes, using multiple non-correlated indicators (trend, momentum, volume, volatility) provides a more complete market picture. The QFC’s multi-factor fusion is unique – it is effectively a multi-dimensional oscillator rather than a traditional single-input one.
Signal Style
Traditional oscillators often use crossovers (RSI crossing 50) or fixed zones (MACD above zero) for signals. The Ultimate Scalping Tool’s signals are custom-classified: it explicitly labels pullbacks, early entries, and strong moves. These terms go beyond a typical indicator’s generic “buy”/“sell.” In other words, it packages a strategy around the oscillator, which traders can backtest or observe without reading code.
Key Term Definitions
• Pullback : A short-term dip or consolidation in an uptrend. In this script, a Pullback Buy appears when price is generally rising but shows a brief retracement. (As defined by Investopedia, a pullback is “a brief decline or pause in a generally upward price trend”.)
• Early Buy/Sell : An initial or tentative entry signal. It means the oscillator first starts turning positive (or negative) before a full trend has developed. It’s an early indication that a trend might be starting.
• Strong Buy/Sell : A confident entry signal when multiple conditions align. This label is used when momentum is already strong and confirmed by trend/volume filters, offering a higher-probability trade.
• Momentum Peak : The point where bullish (or bearish) momentum reaches its maximum before weakening. When the oscillator value stops rising (or falling) and begins to reverse, the script flags it as a peak – signaling that the current move could be overextended.
What is the Flux MA?
The Flux MA (Moving Average) is an Exponential Moving Average (EMA) applied to a normalized oscillator, referred to as FM . Its purpose is to smooth out the fluctuations of the oscillator, providing a clearer picture of the underlying trend direction and strength. Think of it as a dynamic baseline that the oscillator moves above or below, helping you determine whether the market is trending bullish or bearish.
How it’s calculated (Flux MA):
1.The oscillator is normalized (scaled to a range, typically between 0 and 1, using a default scale factor of 100.0).
2.An EMA is applied to this normalized value (FM) over a user-defined period (default is 10 periods).
3.The result is rescaled back to the oscillator’s original range for plotting.
Why it matters : The Flux MA acts like a support or resistance level for the oscillator, making it easier to spot trend shifts.
Color of the Flux Candle
The Quantum Flux Candle visualizes the normalized oscillator (FM) as candlesticks, with colors that indicate specific market conditions based on the relationship between the FM and the Flux MA. Here’s what each color means:
• Green : The FM is above the Flux MA, signaling bullish momentum. This suggests the market is trending upward.
• Red : The FM is below the Flux MA, signaling bearish momentum. This suggests the market is trending downward.
• Yellow : Indicates strong buy conditions (e.g., a "Strong Buy" signal combined with a positive trend). This is a high-confidence signal to go long.
• Purple : Indicates strong sell conditions (e.g., a "Strong Sell" signal combined with a negative trend). This is a high-confidence signal to go short.
The candle mode shows the oscillator’s open, high, low, and close values for each period, similar to price candlesticks, but it’s the color that provides the quick visual cue for trading decisions.
How to Trade the Flux MA with Respect to the Candle
Trading with the Flux MA and Quantum Flux Candle involves using the MA as a trend indicator and the candle colors as entry and exit signals. Here’s a step-by-step guide:
1. Identify the Trend Direction
• Bullish Trend : The Flux Candle is green and positioned above the Flux MA. This indicates upward momentum.
• Bearish Trend : The Flux Candle is red and positioned below the Flux MA. This indicates downward momentum.
The Flux MA serves as the reference line—candles above it suggest buying pressure, while candles below it suggest selling pressure.
2. Interpret Candle Colors for Trade Signals
• Green Candle : General bullish momentum. Consider entering or holding a long position.
• Red Candle : General bearish momentum. Consider entering or holding a short position.
• Yellow Candle : A strong buy signal. This is an ideal time to enter a long trade.
• Purple Candle : A strong sell signal. This is an ideal time to enter a short trade.
3. Enter Trades Based on Crossovers and Colors
• Long Entry : Enter a buy position when the Flux Candle turns green and crosses above the Flux MA. If it turns yellow, this is an even stronger signal to go long.
• Short Entry : Enter a sell position when the Flux Candle turns red and crosses below the Flux MA. If it turns purple, this is an even stronger signal to go short.
4. Exit Trades
• Exit Long : Close your buy position when the Flux Candle turns red or crosses below the Flux MA, indicating the bullish trend may be reversing.
• Exit Short : Close your sell position when the Flux Candle turns green or crosses above the Flux MA, indicating the bearish trend may be reversing.
•You might also exit a long trade if the candle changes from yellow to green (weakening strong buy signal) or a short trade from purple to red (weakening strong sell signal).
5. Use Additional Confirmation
To avoid false signals, combine the Flux MA and candle signals with other indicators or dashboard metrics (e.g., trend strength, momentum, or volume pressure). For example:
•A yellow candle with a " Strong Bullish " trend and high buying volume is a robust long signal.
•A red candle with a " Moderate Bearish " trend and neutral momentum might need more confirmation before shorting.
Practical Example
Imagine you’re scalping a cryptocurrency:
• Long Trade : The Flux Candle turns yellow and is above the Flux MA, with the dashboard showing "Strong Buy" and high buying volume. You enter a long position. You exit when the candle turns red and dips below the Flux MA.
• Short Trade : The Flux Candle turns purple and crosses below the Flux MA, with a "Strong Sell" signal on the dashboard. You enter a short position. You exit when the candle turns green and crosses above the Flux MA.
Market Presets and Adaptation
This indicator is designed to work on any market with candlestick price data (stocks, crypto, forex, indices, etc.). To handle different behavior, it provides presets for major asset classes. Selecting a “Stocks,” “Crypto,” “Forex,” or “Options” preset automatically loads a set of parameter values optimized for that market . For example, a crypto preset might use a shorter lookback or higher sensitivity to account for crypto’s high volatility, while a stocks preset might use slightly longer smoothing since stocks often trend more slowly. In practice, this means the same core QFC logic applies across markets, but the thresholds and smoothing adjust so signals remain relevant for each asset type.
Usage Guidelines
• Recommended Timeframes : Optimized for 1 minute to 15 minute intraday charts. Can also be used on higher timeframes for short term swings.
• Market Types : Select “Crypto,” “Stocks,” “Forex,” or “Options” to auto tune periods, thresholds and weights. Use “Custom” to manually adjust all inputs.
• Interpreting Signals : Always confirm a signal by checking that trend, volume, and VWAP agree on the dashboard. A green “Strong Buy” arrow with green trend, green volume, and price > VWAP is highest probability.
• Adjusting Sensitivity : To reduce false signals in fast markets, enable DI Reversal Confirmation and Dynamic Thresholds. For more frequent entries in trending environments, enable Early Entry Trigger.
• Risk Management : This tool does not plot stop loss or take profit levels. Users should define their own risk parameters based on support/resistance or volatility bands.
Background Shading
To give you an at-a-glance sense of market regime without reading numbers, the indicator automatically tints the chart background in three modes—neutral, bullish and bearish—with two levels of intensity (light vs. dark):
Neutral (Gray)
When ADX is below 20 the market is considered “no trend” or too weak to trade. The background fills with a light gray (high transparency) so you know to sit on your hands.
Bullish (Green)
As soon as ADX rises above 20 and +DI exceeds –DI, the background turns a semi-transparent green, signaling an emerging uptrend. When ADX climbs above 30 (strong trend), the green becomes more opaque—reminding you that trend-following signals (Strong Buy, Pullback) carry extra weight.
Bearish (Red)
Similarly, if –DI exceeds +DI with ADX >20, you get a light red tint for a developing downtrend, and a darker, more solid red once ADX surpasses 30.
By dynamically varying both hue (green vs. red vs. gray) and opacity (light vs. dark), the background instantly communicates trend strength and direction—so you always know whether to favor breakout-style entries (in a strong trend) or stay flat during choppy, low-ADX conditions.
The setup shown in the above chart snapshot is BTCUSD 15 min chart : Binance for reference.
Disclaimer
No indicator guarantees profits. Backtest or paper trade this tool to understand its behavior in your market. Always use proper position sizing and stop loss orders.
Good luck!
- BullByte
Intraday Trading Hit and Run# Strategy Overview
This is a short-term trading system designed for quick entries/exits (intraday). It uses multiple technical indicators to identify momentum trades in the direction of the trend, with built-in risk management through trailing stops.
# Main Components
1. Trend Filter
Uses two EMAs (10-period "fast" blue line and 100-period "slow" red line)
Only trades when:
Long: Price AND fast EMA are above slow EMA
Short: Price AND fast EMA are below slow EMA
2. Main Signal
////Stochastic Oscillator (14-period):
Buy when %K line crosses above %D line
Sell when %K crosses below %D
////Trend Strength Check
Smoothed ADX indicator (5-period EMA of ADX):
Requires ADX value ≥ 25 to confirm strong trend
3. Confirmation using Volume Filter (Optional)
Checks if current volume is 1.5× greater than 20-period average volume
# Entry Rules
A trade is only taken when:
All 3 indicators agree (EMA trend, Stochastic momentum, ADX strength)
Volume filter is satisfied (if enabled)
# Exit Rules
1. Emergency Exit:
Close long if price drops below fast EMA
Close short if price rises above fast EMA
2. Trailing Stop:
Actively protects profits by moving stop-loss:
Maintains 0.1% distance from highest price (longs) or lowest price (shorts)
# Risk Management
Only use 10% of account per trade
Includes 0.04% commission cost in calculations
All trades monitored with trailing stops
# How It Operates
The strategy looks for strong, high-volume momentum moves in the direction of the established trend (as determined by EMAs). It jumps in quickly ("hit") when conditions align, then protects gains with an automatic trailing stop ("run"). Designed for fast markets where trends develop rapidly.
You can use it on 15m, 1h or 4h
ATR Volatility giua64ATR Volatility giua64 – Smart Signal + VIX Filter
📘 Script Explanation (in English)
Title: ATR Volatility giua64 – Smart Signal + VIX Filter
This script analyzes market volatility using the Average True Range (ATR) and compares it to its moving average to determine whether volatility is HIGH, MEDIUM, or LOW.
It includes:
✅ Custom or preset configurations for different asset classes (Forex, Indices, Gold, etc.).
✅ An optional external volatility index input (like the VIX) to refine directional bias.
✅ A directional signal (LONG, SHORT, FLAT) based on ATR strength, direction, and external volatility conditions.
✅ A clean visual table showing key values such as ATR, ATR average, ATR %, VIX level, current range, extended range, and final signal.
This tool is ideal for traders looking to:
Monitor the intensity of price movements
Filter trading strategies based on volatility conditions
Identify momentum acceleration or exhaustion
⚙️ Settings Guide
Here’s a breakdown of the user inputs:
🔹 ATR Settings
Setting Description
ATR Length Number of periods for ATR calculation (default: 14)
ATR Smoothing Type of moving average used (RMA, SMA, EMA, WMA)
ATR Average Length Period for the ATR moving average baseline
🔹 Asset Class Preset
Choose between:
Manual – Define your own point multiplier and thresholds
Forex (Pips) – Auto-set for FX markets (high precision)
Indices (0.1 Points) – For index instruments like DAX or S&P
Gold (USD) – Preset suitable for XAU/USD
If Manual is selected, configure:
Setting Description
Points Multiplier Multiplies raw price ranges into useful units (e.g., 10 for Gold)
Low Volatility Threshold Threshold to define "LOW" volatility
High Volatility Threshold Threshold to define "HIGH" volatility
🔹 Extended Range and VIX
Setting Description
Timeframe for Extended High/Low Used to compare larger price ranges (e.g., Daily or Weekly)
External Volatility Index (VIX) Symbol for a volatility index like "VIX" or "EUVI"
Low VIX Threshold Below this level, VIX is considered "low" (default: 20)
High VIX Threshold Above this level, VIX is considered "high" (default: 30)
🔹 Table Display
Setting Description
Table Position Where the visual table appears on the chart (e.g., bottom_center, top_left)
Show ATR Line on Chart Whether to display the ATR line directly on the chart
✅ Signal Logic Summary
The script determines the final signal based on:
ATR being above or below its average
ATR rising or falling
ATR percentage being significant (>2%)
VIX being high or low
Conditions Signal
ATR rising + high volatility + low VIX LONG
ATR falling + high volatility + high VIX SHORT
ATR flat or low volatility or low %ATR FLAT
Spreader – Real-Time Spread Detector for ScalpingSpreader is a professional tool built for scalpers and intraday traders, designed to visually display live bid-ask spread on your chart. By showing you the true market friction in real time, it helps you avoid poor entries and reduce immediate trade losses.
Apex Edge - MTF Confluence PanelApex Edge – MTF Confluence Panel
Description:
The Apex Edge – MTF Confluence Panel is a powerful multi-timeframe analysis tool built to streamline trade decision-making by aggregating key confluences across three user-defined timeframes. The panel visually presents the state of five core market signals—Trend, Momentum, Sweep, Structure, and Trap—alongside a unified Score column that summarizes directional bias with clarity.
Traders can customize the number of bullish/bearish conditions required to trigger a score signal, allowing the tool to be tailored for both conservative and aggressive trading styles. This script is designed for those who value a clean, structured, and objective approach to identifying market alignment—whether scalping or swing trading.
How it Works:
Across each of the three selected timeframes, the panel evaluates:
Trend: Based on a user-configurable Hull Moving Average (HMA), the script compares price relative to trend to determine bullish, bearish, or neutral bias.
Momentum: Uses OBV (On-Balance Volume) with volume spike detection to identify bursts of strong buying or selling pressure.
Sweep: Detects potential liquidity grabs by identifying price rejections beyond prior swing highs/lows. A break below a previous low with reversal signals bullish intent (and vice versa for bearish).
Structure: Uses dynamic pivot-based logic to identify market structure breaks (BOS) beyond recent confirmed swing levels.
Trap: Flags potential false moves by measuring RSI overbought/oversold signal clusters combined with minimal price movement—highlighting exhaustion or deceptive breaks.
Score: A weighted consensus of the above components. The number of required confluences to trigger a score (default: 3) can be set by the user via input, offering flexibility in signal sensitivity.
Why It’s Useful for Traders:
Quick Decision-Making: The color-coded panel provides instant visual feedback on whether confluences align across timeframes—ideal for fast-paced environments like scalping or high-volatility news sessions.
Multi-Timeframe Confidence: Helps eliminate guesswork by confirming whether higher and lower timeframe conditions support your trade idea.
Customizability: Adjustable confluence threshold means traders can fine-tune how sensitive the system is—more signals for faster entries, stricter confluence for higher conviction trades.
Built-In Alerts: Automated alerts for score alignment, trap detection, and liquidity sweeps allow traders to stay informed even when away from the screen.
Strategic Edge: Supports directional bias confirmation and trade filtering with logic designed to mimic professional decision-making workflows.
Features:
Clean, real-time confluence table across three user-selected timeframes
Configurable score sensitivity via “Minimum Confluences for Score” input
Cell-based colour coding for at-a-glance trade direction
Built-in alerts for score alignment, traps, and sweep triggers
Note - This Indicator works great in sync with Apex Edge - Session Sweep Pro
Useful levels for TP = previous session high/low boxes or fib levels.
⚠️ Disclaimer:
This script is for informational and educational purposes only and should not be considered financial advice. Always perform your own due diligence and practice proper risk management when trading.
Intraday Pivot Highs & Lows (Asia London NY)Intraday Pivot Highs & Lows (Asia London NY)
Script Description
This TradingView indicator is optimized for Forex, scalping, intraday, and day trading strategies. It accurately plots Pivot Points and levels, high/low, support and resistance levels. These are clearly identified to aid the trader during killzone sessions and session opens. Ideal for scalp trading, intraday sessions, and leveraging SMT (Smart Money Techniques). Utilize these Price Levels effectively during London Open, NY Open, and the Asia Session, utilizing Market Structure to pinpoint key levels and reversal zones for successful trading. Improve your Trade Setups, recognize reliable Chart Patterns, identify critical Price Pivots, and trade confidently off Institutional Levels.
This script marks the intraday pivot highs, lows and midpoints retracement levels for
Asia
London
New York
It also plots the previous day's high, low, midpoint, and 0.618 Fibonacci retracement levels, providing traders with critical price reference points for making intraday trading decisions.
Originality & Usefulness
This indicator uniquely integrates pivot calculations across three major Forex sessions (Asia, London, NY), clearly delineating session boundaries.
It enhances visibility by using distinct styling
solid for New York
dashed for London
dotted lines for Asia
And colour co-ordinated labeling, improving traders' ability to identify important intraday price action zones efficiently. Unlike standard pivot indicators, this script emphasizes session-specific trading dynamics.
### Key Features ###
Session-Based Levels: Automatically plots high, low, midpoint, and Fibonacci (.618) levels for each major session (Asia, London, NY).
Distinct Visual Cues: Lines and labels use session-specific styles and colors to easily differentiate between sessions.
Previous Day Reference: Clearly plots and labels yesterday's high, low, midpoint, and Fibonacci levels.
Flexible Visibility: Traders can set timeframe visibility to maintain clean charts on higher timeframes.
### How It Works
At the start of next day's session, previous session lines are cleared, ensuring the chart remains uncluttered.
High, low, midpoint, and Fibonacci retracement levels (.618) are dynamically calculated and displayed at the close of each session.
All session levels remain visible until the start of the next respective session, providing continuous actionable insights.
Trading Application:
Session highs and lows act as strong intraday support and resistance zones.
Midpoints and Fibonacci levels are effective for identifying potential reversal zones and retracements.
Daily levels provide a broader context, useful for gauging intraday volatility and range.
### Limitations and Considerations ##
Best used on liquid assets with clear session-based price action, such as Forex major pairs, if used on indexes make sure they contain 24 hour price action not just New York session.
This indicator is designed to streamline intraday trading by clearly marking essential pivot points and session-based levels, significantly improving traders' market context and decision-making accuracy. Can be used to enhance SMT decision making when scalping killzones.
PRO Strategy 3TP (v2.1.1)
English Version
PRO Strategy 3TP (v2.1.1) — Comprehensive Guide for TradingView
Strategy Concept & Uniqueness
The PRO Strategy 3TP is a trading system designed to follow market trends using a combination of tools that check trends across different timeframes, measure momentum, and manage risks smartly. Its standout feature is a three-step profit-taking system (hence "3TP") and its ability to adjust to market ups and downs, helping traders make the most of strong trends while keeping losses low in choppy markets.
Why It’s Special:
✅ Three Profit Levels: Takes profit in stages—33% at the first target (TP1), 33% at the second (TP2), and 34% at the third (TP3)—so you lock in gains gradually.
✅ Risk-Free After TP1: Once the first profit target is hit, the stop-loss moves to your entry price, meaning no more risk on the trade.
✅ Smarter Signals: Uses data from a higher timeframe (like 1-hour) to filter out false moves on your chart (like 15-minutes).
How It Works
The strategy uses four main tools to decide when to enter and exit trades. Here’s what they do in simple terms:
Trend Tools (EMA, HMA, SMA)
EMA (Exponential Moving Average): A line that tracks the price trend, reacting quickly to recent changes. Think of it as a fast guide to where the market’s heading.
Default: EMA 100 (looks at the last 100 bars).
HMA (Hull Moving Average): A smoother, faster-moving line that spots trend shifts earlier than most averages.
Default: HMA 50 (looks at the last 50 bars).
SMA (Simple Moving Average): A basic average of prices over time, great for seeing the big picture (bull or bear market).
Default: SMA 200 (looks at the last 200 bars).
How It Helps: These lines work together to make sure the trend is real across short, medium, and long terms.
Momentum Tool (CCI)
CCI (Commodity Channel Index): Tells you if the market is “overbought” (too high, ready to drop) or “oversold” (too low, ready to rise).
Buy when CCI < -100 (oversold).
Sell when CCI > +100 (overbought).
How It Helps: It picks the best moments to jump into a trade when prices are at extremes.
Trend Strength Tool (ADX)
ADX (Average Directional Index): Measures how strong a trend is. Higher numbers mean a stronger trend.
Default: ADX > 26 (only trades when the trend is strong enough).
How It Helps: Keeps you out of flat, boring markets where prices don’t move much.
Volatility Tool (ATR)
ATR (Average True Range): Shows how much the price typically moves up or down. It’s like a ruler for market “wiggle room.”
Default: ATR over 19 bars, used to set stop-loss (5x ATR) and profit targets (1x, 1.3x, 1.7x ATR).
How It Helps: Adjusts your trade exits based on how wild or calm the market is.
Entry Rules
Buy (Long): Price is above EMA, HMA, and SMA (checked on a higher timeframe) + CCI < -100 + ADX > 26.
Sell (Short): Price is below EMA, HMA, and SMA + CCI > +100 + ADX > 26.
Exit Rules
Stop-Loss: Set at 5x ATR away from your entry (e.g., if ATR is 10 points, stop-loss is 50 points away).
Breakeven: After TP1 is hit, stop-loss moves to your entry price—no more risk!
Profit Targets:
TP1: 1x ATR (closes 33% of your position).
TP2: 1.3x ATR (closes 33%).
TP3: 1.7x ATR (closes 34%).
Why This Mix Works
Fewer Mistakes: Checking trends on multiple timeframes cuts out 60-70% of bad signals (based on tests).
Adapts to the Market: ATR adjusts your stops and targets as the market changes—super useful for volatile assets like crypto.
Balanced Wins: The three-step profit system locks in gains early but lets you ride big trends too.
Setup Guide
Settings for Different Styles
Parameter Scalping (1-15M) Swing (1H-4H) Position (Daily)
EMA/HMA/SMA 50/20/Off 100/50/200 Off/Off/200
ADX Threshold 20 26 25
ATR Multipliers SL=3x, TP3=2x SL=5x SL=6x
Position Size
Formula: Contracts = Risk Amount / (Stop-Loss Distance × Value per Point)
Example: Risking $100, stop-loss is 50 points, each point = $2 → Trade 1 contract.
Multi-Timeframe Tip
Chart: 15-minute
Indicators: 1-hour
Rule: Only trade if the 15-minute price matches the 1-hour trend.
Why Use It?
Proven Results: 58-62% win rate on assets like Bitcoin, Ethereum, and S&P 500 (tested 2020-2023). Risk-to-reward ratio of 1.8-2.3.
Saves Time: Alerts tell you when to enter or exit—no need to watch the screen all day.
Flexible: Works for fast scalping, medium swing trades, or long-term positions.
FAQ
Why no trailing stop?
Trailing stops cut profits by 15-20% in tests because they exit too early. The breakeven stop protects your money better.
What about news events?
Use a bigger ATR (e.g., 50) and wider stop-loss (6x ATR) when markets get crazy.
Can I trade forex?
Yes! Try EMA=50, HMA=20, ATR=14 on EUR/USD 15-minute charts.
Risk Management
Risk per Trade: Stick to 1-2% of your account.
Weekly Check: Adjust ATR and stop-loss every Friday to match market conditions.
Emergency Plan: Manually move your stop-loss if something wild (like a “black swan” event) happens.
⚠️ Warning: Trading is risky. This strategy doesn’t promise profits. Always use a stop-loss.
Русская версия
Стратегия PRO 3TP (v2.1.1) — Полное руководство для TradingView
Концепция и уникальность
PRO Strategy 3TP — это система, которая следует за трендами на рынке, используя проверку трендов на разных таймфреймах, измерение импульса и умное управление рисками. Главная фишка — трехступенчатая фиксация прибыли (поэтому "3TP") и адаптация к изменениям на рынке, чтобы зарабатывать больше в сильных трендах и терять меньше в нестабильные времена.
Почему она особенная:
✅ Три уровня прибыли: Закрывает 33% на первом уровне (TP1), 33% на втором (TP2) и 34% на третьем (TP3) — прибыль фиксируется постепенно.
✅ Без риска после TP1: После первого уровня стоп-лосс сдвигается на точку входа — дальше риска нет.
✅ Умные сигналы: Использует данные с более старшего таймфрейма (например, 1 час) для фильтрации шума на вашем графике (например, 15 минут).
Как это работает
Стратегия использует четыре основных инструмента для входа и выхода из сделок. Вот что они значат простыми словами:
Инструменты тренда (EMA, HMA, SMA)
EMA (Экспоненциальная скользящая средняя) : Линия, которая следит за трендом и быстро реагирует на последние цены. Это как быстрый указатель направления рынка.
По умолчанию: EMA 100 (смотрит на последние 100 баров).
HMA (Скользящая средняя Халла): Более плавная и быстрая линия, которая раньше замечает смену тренда.
По умолчанию: HMA 50 (смотрит на последние 50 баров).
SMA (Простая скользящая средняя) : Просто средняя цена за период, показывает общую картину (быки или медведи).
По умолчанию: SMA 200 (смотрит на последние 200 баров).
Зачем это нужно: Эти линии вместе проверяют, что тренд настоящий на коротких, средних и длинных периодах.
Инструмент импульса (CCI)
CCI (Индекс товарного канала): Показывает, когда рынок “перекуплен” (слишком высоко, готов упасть) или “перепродан” (слишком низко, готов расти).
Покупка: CCI < -100 (перепродан).
Продажа: CCI > +100 (перекуплен).
Зачем это нужно: Помогает выбрать лучшее время для входа, когда цены на крайних значениях.
Инструмент силы тренда (ADX)
ADX (Индекс среднего направленного движения): Измеряет, насколько силен тренд. Чем выше число, тем сильнее движение.
По умолчанию: ADX > 26 (торгуем, только если тренд сильный).
Зачем это нужно: Не дает торговать, когда рынок стоит на месте и скучный.
Инструмент волатильности (ATR)
ATR (Средний истинный диапазон): Показывает, насколько сильно цена обычно “гуляет” вверх-вниз. Это как линейка для рыночных колебаний.
По умолчанию: ATR за 19 баров, стоп-лосс = 5x ATR, цели прибыли = 1x, 1.3x, 1.7x ATR.
Зачем это нужно: Настраивает выход из сделки в зависимости от того, насколько рынок спокоен или хаотичен.
Правила входа
Покупка (Лонг): Цена выше EMA, HMA и SMA (проверяется на старшем таймфрейме) + CCI < -100 + ADX > 26.
Продажа (Шорт): Цена ниже EMA, HMA и SMA + CCI > +100 + ADX > 26.
Правила выхода
Стоп-лосс: Устанавливается на 5x ATR от входа (например, если ATR = 10 пунктов, стоп = 50 пунктов).
Безубыток: После TP1 стоп-лосс сдвигается на цену входа — риска больше нет!
Цели прибыли:
TP1: 1x ATR (закрывает 33% позиции).
TP2: 1.3x ATR (закрывает 33%).
TP3: 1.7x ATR (закрывает 34%).
Почему эта комбинация работает
Меньше ошибок: Проверка тренда на разных таймфреймах убирает 60-70% ложных сигналов (по тестам).
Подстраивается под рынок: ATR меняет стопы и цели в зависимости от условий — важно для активов вроде крипты.
Умная прибыль: Трехступенчатая система фиксирует выгоду рано, но оставляет шанс заработать на большом тренде.
Как настроить
Настройки для разных стилей
Параметр Скальпинг (1-15М) Свинг (1H-4H) Долгосрок (Daily)
EMA/HMA/SMA 50/20/Выкл 100/50/200 Выкл/Выкл/200
Порог ADX 20 26 25
Множители ATR SL=3x, TP3=2x SL=5x SL=6x
Размер позиции
Формула: Контракты = Риск / (Расстояние до стоп-лосса × Стоимость пункта)
Пример: Риск $100, стоп-лосс 50 пунктов, 1 пункт = $2 → 1 контракт.
Совет по таймфреймам
График: 15 минут
Индикаторы: 1 час
Правило: Торгуй, только если тренд на 15 минутах совпадает с 1 часом.
Зачем это использовать?
Проверено: 58-62% успешных сделок на BTC, ETH, S&P 500 (тесты 2020-2023). Соотношение риск/прибыль 1.8-2.3.
Экономит время: Оповещения скажут, когда входить и выходить — не надо сидеть у экрана.
Гибкость: Подходит для быстрой торговли, среднесрочной и долгосрочной.
Часто задаваемые вопросы
Почему нет трейлинг-стопа?
Тесты показали, что он снижает прибыль на 15-20%, потому что выходит слишком рано. Безубыток лучше защищает деньги.
Что делать с новостями?
Увеличьте ATR (например, до 50) и стоп-лосс (6x ATR), когда рынок штормит.
Можно торговать форекс?
Да! Используйте EMA=50, HMA=20, ATR=14 для EUR/USD на 15 минутах.
Управление рисками
Риск на сделку: Не больше 1-2% от депозита.
Проверка раз в неделю: Обновляйте ATR и стоп-лосс каждую пятницу под рынок.
План на экстрим: Если происходит что-то необычное (например, “черный лебедь”), вручную двигайте стоп-лосс.
⚠️ Предупреждение: Торговля — это риск. Стратегия не гарантирует прибыль. Всегда ставьте стоп-лосс.
AL Brooks - Price Action Multi-Signal Suite📘 Price Action Multi-Signal Suite📘
This indicator is a complete visual toolset for traders who use price action principles inspired by Al Brooks-style analysis.
It combines multiple nuanced signals — like first/second entries, breakout failures, trend bias, higher-timeframe context, and dynamic trend channels — into one elegant, customizable interface.
It is built with clarity, flexibility, and actionable precision in mind.
🧠 Core Concepts Behind the Tool
1. Trend Bias with EMA (20 by default)
The indicator calculates a standard EMA (default: 20) to establish trend direction bias.
When price is above EMA, we consider the market to be in a bull trend, and vice versa.
The EMA line changes color dynamically — green (bull), red (bear), gray (neutral).
🟢 Example:
If price is forming higher highs and staying above EMA with strong bull bars, the bias is bullish. In this phase, you're looking for High 1 and High 2 (H1/H2) setups.
2. First and Second Entries (H1/H2 and L1/L2)
High 1 (H1): First pullback in a bull trend after a minor new high.
High 2 (H2): A second attempt to push up after a failed H1.
Low 1 (L1) and Low 2 (L2): Mirror the above logic for bear trends.
📈 Example Trade – H2 Long:
Price breaks out above EMA.
Pulls back and forms an H1, but it fails to break out.
Second push (H2) forms a higher low, then closes strong above previous bar → BUY entry.
📉 Example Trade – L2 Short:
Market is below EMA.
A rally creates L1, fails.
L2 forms and closes below the previous bar low with a bear body → SELL entry.
3. Second Entry Logic (Simplified Swing Count)
This adds context to H2/L2 by ensuring at least two swings occurred in the same direction.
Reduces false signals in choppy markets.
Painted as colored circles (aqua = long, fuchsia = short).
4. Breakout Failure Detection
Detects false breakouts using 10-bar highs/lows:
Failed High Breakout: Price breaks a 10-bar high but closes back inside → potential reversal short.
Failed Low Breakout: Price breaks a 10-bar low but closes back inside → potential long.
🚨 Example:
Price breaks above a recent high but closes below it with a strong bear bar → look for reversal or fade setups.
5. Inside / Outside Bars
Helps recognize compression (inside bars) or volatility expansions (outside bars).
Inside bars often precede breakouts.
Outside bars may signal traps or indecision.
Use these in combination with entry logic. An H2 after an inside bar can signal a strong, clean breakout.
6. Higher Timeframe (HTF) Context
Pulls EMA and trend bias from a higher timeframe (default: 1hr).
Background color indicates HTF bias (adjustable opacity).
Green = HTF uptrend.
Red = HTF downtrend.
🧭 Usage: Trade in the direction of the HTF bias when possible. An H2 with HTF bias bullish adds confluence.
7. Trend Channels (Automatic, Visual)
Dynamically draws trend channel lines based on pivot highs/lows.
These act as support/resistance, visual guides for traps or continuation.
Trendline breakouts or touches often align with H2/L2 setups.
📏 Example:
Price touches lower channel and forms a second entry long (L2) with a strong bull bar → high-quality reversal trade.
⚙️ Customization Options
Toggle each signal component (entries, bias, bars, failures, channels).
Adjust EMA length, HTF resolution, background opacity.
Keep your chart clean and focused on the signals that matter to you.
📊 Trade Example Summary
H2 with HTF Bullish
Trade Setup: Strong bull bar after a failed H1, above EMA
Expected Move: Trend continuation upward
L2 with Channel Hit
Trade Setup: Pullback hits lower trend channel, forms L2
Expected Move: Reversal or scalp down
Failed High Breakout
Trade Setup: Price breaks above a 10-bar high, but reverses and closes inside
Expected Move: Quick fade or reversal short
Inside Bar + H2
Trade Setup: Price compresses into an inside bar, followed by a breakout with H2
Expected Move: Momentum breakout trade
Outside Bar + L2
Trade Setup: Price breaks strongly in one direction (outside bar), second push fails upward, forms L2
Expected Move: Short on weakness
Please note, this is an educational idea and representation of whatever I understood of it.
Historical performances may not be replicable in present/future.
Trade at your own responsibility.
Regards! ^^
ChopFlow ATR Scalp StrategyA lean, high-velocity scalp framework for NQ and other futures that blends trend clarity, volume confirmation, and adaptive exits to give you precise, actionable signals—no cluttered bands or lagging indicators.
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🔍 Overview
This strategy locks onto rapid intraday moves by:
• Filtering for directional momentum with the Choppiness Index (CI)
• Confirming conviction via On-Balance Volume (OBV) against its moving average
• Automatically sizing stops and targets with a multiple of the Average True Range (ATR)
It’s designed for scalp traders who need clean, timely entries without wading through choppy noise.
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⚙️ Key Features & Inputs
1. ATR Length & Multiplier
• Controls exit distances based on current volatility.
2. Choppiness Length & Threshold
• Measures trend strength; only fires when the market isn’t “stuck in the mud.”
3. OBV SMA Length
• Smoothes volume flow to confirm genuine buying or selling pressure.
4. Custom Session Hours
• Avoid overnight gaps or low-liquidity periods.
All inputs are exposed for rapid tuning to your preferred scalp cadence.
🚀 How It Works
1. Long Entry triggers when:
• CI < threshold (strong trend)
• OBV > its SMA (positive volume flow)
• You’re within the defined session
2. Short Entry mirrors the above (CI < threshold, OBV < SMA)
3. Exit uses ATR × multiplier for both stop-loss and take-profit
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🎯 Usage Tips
• Start with defaults (ATR 14, multiplier 1.5; CI 14, threshold 60; OBV SMA 10).
• Monitor signal frequency, then tighten/loosen CI or OBV look-back as needed.
• Pair with a fast MA crossover or price-action trigger if you want even sharper timing.
• Backtest across different sessions (early open vs. power hours) to find your edge.
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⚠️ Disclaimer
This script is provided “as-is” for educational and research purposes. Always paper-trade any new setup extensively before deploying live capital, and adjust risk parameters to your personal tolerance.
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Elevate your scalp game with ChopFlow ATR—where trend, volume, and volatility converge for clear, confident entries. Happy scalping!
MAN | Gold Sniper Pro – 5Min Reversal EngineThis advanced scalping indicator is designed for high-precision entries and exits on the 5-minute timeframe, combining price action, volume analytics, and momentum filtering.
🔍 Core Features:
Price Action Engine: Detects powerful bullish and bearish engulfing patterns, enhanced with ATR-based body size filters to avoid weak signals.
Dynamic Support/Resistance Zones: Automatically tracks recent high/low zones to confirm trade validity and prevent chasing trades.
Smart RSI Filter: Filters trades based on momentum to avoid buying overbought or selling oversold conditions.
Volume Spike + OBV Filter: Confirms entries with strong volume spikes and OBV (On-Balance Volume) alignment, improving signal quality.
Time-based Session Filter: Optional filter to restrict signals to high-liquidity market hours (configurable).
Auto TP/SL Levels: Calculates Take Profit and Stop Loss dynamically using ATR multipliers, with customizable multipliers per timeframe.
Clear Entry Labels + Optional TP/SL Lines: Visual labels for each signal, with the option to show SL/TP as horizontal lines for precision monitoring.
Real-time Alerts: Set alerts for BUY and SELL conditions — stay informed and trade instantly.
📈 Recommended Usage:
Optimized for Gold (XAUUSD) on the 5-minute chart, but configurable for any fast-moving asset.
Ideal for scalpers and intraday traders seeking high-quality, low-latency entries with built-in protection mechanisms.
Works well in trending or range-bound conditions, thanks to volume and price action synergy.
⚙️ Customizable Parameters:
RSI length & thresholds
ATR-based SL/TP multipliers
Volume spike threshold
Session window
TP/SL visibility toggle
🟢 Built by traders, for traders.
Sharpen your edge with this smart, visual, and momentum-aware scalping tool.
Williams R Zone Scalper v1.0[BullByte]Originality & Usefulness
Unlike standard Williams R cross-over scripts, this strategy layers five dynamic filters—moving-average trend, Supertrend, Choppiness Index, Bollinger Band Width, and volume validation —and presents a real-time dashboard with equity, PnL, filter status, and key indicator values. No other public Pine script combines these elements with toggleable filters and a custom dashboard. In backtests (BTC/USD (Binance), 5 min, 24 Mar 2025 → 28 Apr 2025), adding these filters turned a –2.09 % standalone Williams R into a +5.05 % net winner while cutting maximum drawdown in half.
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What This Script Does
- Monitors Williams R (length 14) for overbought/oversold reversals.
- Applies up to five dynamic filters to confirm trend strength and volatility direction:
- Moving average (SMA/EMA/WMA/HMA)
- Supertrend line
- Choppiness Index (CI)
- Bollinger Band Width (BBW)
- Volume vs. its 50-period MA
- Plots blue arrows for Long entries (R crosses above –80 + all filters green) and red arrows for Short entries (R crosses below –20 + all filters green).
- Optionally sets dynamic ATR-based stop-loss (1.5×ATR) and take-profit (2×ATR).
- Shows a dashboard box with current position, equity, PnL, filter status, and real-time Williams R / MA/volume values.
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Backtest Summary (BTC/USD(Binance), 5 min, 24 Mar 2025 → 28 Apr 2025)
• Total P&L : +50.70 USD (+5.05 %)
• Max Drawdown : 31.93 USD (3.11 %)
• Total Trades : 198
• Win Rate : 55.05 % (109/89)
• Profit Factor : 1.288
• Commission : 0.01 % per trade
• Slippage : 0 ticks
Even in choppy March–April, this multi-filter approach nets +5 % with a robust risk profile, compared to –2.09 % and higher drawdown for Williams R alone.
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Williams R Alone vs. Multi-Filter Version
• Total P&L :
– Williams R alone → –20.83 USD (–2.09 %)
– Multi-Filter → +50.70 USD (+5.05 %)
• Max Drawdown :
– Williams R alone → 62.13 USD (6.00 %)
– Multi-Filter → 31.93 USD (3.11 %)
• Total Trades : 543 vs. 198
• Win Rate : 60.22 % vs. 55.05 %
• Profit Factor : 0.943 vs. 1.288
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Inputs & What They Control
- wrLen (14): Williams R look-back
- maType (EMA): Trend filter type (SMA, EMA, WMA, HMA)
- maLen (20): Moving-average period
- useChop (true): Toggle Choppiness Index filter
- ciLen (12): CI look-back length
- chopThr (38.2): CI threshold (below = trending)
- useVol (true): Toggle volume-above-average filter
- volMaLen (50): Volume MA period
- useBBW (false): Toggle Bollinger Band Width filter
- bbwMaLen (50): BBW MA period
- useST (false): Toggle Supertrend filter
- stAtrLen (10): Supertrend ATR length
- stFactor (3.0): Supertrend multiplier
- useSL (false): Toggle ATR-based SL/TP
- atrLen (14): ATR period for SL/TP
- slMult (1.5): SL = slMult × ATR
- tpMult (2.0): TP = tpMult × ATR
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How to Read the Chart
- Blue arrow (Long): Williams R crosses above –80 + all enabled filters green
- Red arrow (Short) : Williams R crosses below –20 + all filters green
- Dashboard box:
- Top : position and equity
- Next : cumulative PnL in USD & %
- Middle : green/white dots for each filter (green=passing, white=disabled)
- Bottom : Williams R, MA, and volume current values
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Usage Tips
- Add the script : Indicators → My Scripts → Williams R Zone Scalper v1.0 → Add to BTC/USD chart on 5 min.
- Defaults : Optimized for BTC/USD.
- Forex majors : Raise `chopThr` to ~42.
- Stocks/high-beta : Enable `useBBW`.
- Enable SL/TP : Toggle `useSL`; stop-loss = 1.5×ATR, take-profit = 2×ATR apply automatically.
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Common Questions
- * Why not trade every Williams R reversal?*
Raw Williams R whipsaws in sideways markets. Choppiness and volume filters reduce false entries.
- *Can I use on 1 min or 15 min?*
Yes—adjust ATR length or thresholds accordingly. Defaults target 5 min scalping.
- *What if all filters are on?*
Fewer arrows, higher-quality signals. Expect ~10 % boost in average win size.
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Disclaimer & License
Trading carries risk of loss. Use this script “as is” under the Mozilla Public License 2.0 (mozilla.org). Always backtest, paper-trade, and adjust risk settings to your own profile.
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Credits & References
- Pine Script v6, using TradingView’s built-in `ta.supertrend()`.
- TradingView House Rules: www.tradingview.com
Goodluck!
BullByte
Market Open & Pre-Open Linesversion 1.0 2025-04-23
Stated vertical line for market open and pre-market open. Market option include US, EU, UK, JP and AU. This line do auto-defined during daylight saving time. This help for those trade during market open and benefit for those doing backtest on it.
RSI-MACD Momentum Fusion Indicator(RMFI)📈 RSI-MACD Momentum Fusion Indicator (RMFI)
The RMFI combines the strengths of two RSI variants with a dynamically adaptive MACD module into a powerful momentum oscillator ranging from 0 to 100. The goal is to unify converging momentum information from different perspectives into a clear, weighted overall signal.
🔧 Core Features
RSI 1: Classic Wilder RSI, sensitive to short-term momentum.
RSI 2: Modified RSI based on normalized price movement ranges (Range Momentum).
MACD (3 Modes):
Standardized (min/max-based)
Fully adaptive (Z-score normalization)
50% adaptive (hybrid weighting of both approaches)
Dynamic MACD mode selection (optional): Automatic switching of MACD normalization based on volatility levels (ATR-based).
Signal Line: Smoothed average of all components to visualize momentum trends and crossovers.
🎯 Visualization
Clear separation of overbought (>70) and oversold (<30) zones with color highlighting.
Different colors based on the dynamic MACD mode – visually indicates how strongly the market adapts to volatility.
⚙️ Recommended Use
Ideal for trend following, divergence confirmation (with external divergence logic), and momentum reversals.
Particularly effective in volatile markets, as the MACD component adaptively responds to instability.
© champtrades
HTF Candle Overlay with Probability
Visualize Higher Timeframe Candles with Predictive Insights
This tool reconstructs higher-timeframe (HTF) candles using 1-minute bars and overlays them directly on your chart. It includes:
Wick + Body rendering for grouped HTF candles (e.g. 10m, 15m, etc.)
A dynamic label showing the probability of the current HTF candle closing bullish
Real-time updates and smart fading based on candle progress
Configurable colors for fills, outlines, and labels
🔧 Customizable Options:
Candle size (e.g. 10m, 15m)
Body fill and border color
Wick fill and border color
Label text/background color
Whether you're a scalper watching larger structure or a PA trader looking for confluence, this overlay gives you predictive insight where it matters: on the candle that's still forming.
Reversal Strength Meter – Adib NooraniThe Reversal Strength Meter is an oscillator designed to identify potential reversal zones based on supply and demand dynamics. It uses smoothed stochastic logic to reduce noise and highlight areas where momentum may be weakening, signaling possible market turning points.
🔹 Smooth, noise-reduced stochastic oscillator
🔹 Custom zones to highlight potential supply and demand imbalances
🔹 Non-repainting, compatible across all timeframes and assets
🔹 Visual-only tool — intended to support discretionary trading decisions
This oscillator assists scalpers and intraday traders in tracking subtle shifts in momentum, helping them identify when a market may be preparing to reverse — always keeping in mind that trading is based on probabilities, not certainties.
📘 How to Use the Indicator Efficiently
For Reversal Trading:
Buy Setup
– When the blue line dips below the 20 level, wait for it to re-enter above 20.
– Look for reversal candlestick patterns (e.g., bullish engulfing, hammer, or morning star).
– Enter above the pattern’s high, with a stop loss below its low.
Sell Setup
– When the blue line rises above the 80 level, wait for it to re-enter below 80.
– Look for bearish candlestick patterns (e.g., bearish engulfing, inverted hammer, or evening star).
– Enter below the pattern’s low, with a stop loss above its high.
🛡 Risk Management Guidelines
Risk only 0.5% of your capital per trade
Book 50% profits at a 1:1 risk-reward ratio
Trail the remaining 50% using price action or other supporting indicators
