Trend DetectorThe Trend Detector indicator is a powerful tool to help traders identify and visualize market trends with ease. This indicator uses multiple moving averages (MAs) of different timeframes to provide a comprehensive view of market trends, making it suitable for traders of all experience levels.
█ USAGE
This indicator will automatically plot the chosen moving averages (MAs) on your chart, allowing you to visually assess the trend direction. Additionally, a table displaying the trend data for each selected MA timeframe is included to provide a quick overview.
█ FEATURES
1. Customizable Moving Averages: The indicator supports various types of moving averages, including Simple (SMA) , Exponential (EMA) , Smoothed (RMA) , Weighted (WMA) , and Volume-Weighted (VWMA) . You can select the type and length for each MA.
2. Multiple Timeframes: Plot moving averages for different timeframes on a single chart, including fast (short-term) , mid (medium-term) , and slow (long-term) MAs.
3. Trend Detector Table: A customizable table displays the trend direction (Up or Down) for each selected MA timeframe, providing a quick and easy way to assess the market's overall trend.
4. Customizable Appearance: Adjust the colors, frame, border, and text of the Trend Detector Table to match your chart's style and preferences.
5. Wait for Timeframe Close: Option to wait until the selected timeframe closes to plot the MA, which will remove the gaps.
█ CONCLUSION
The Trend Detector indicator is a versatile and user-friendly tool designed to enhance your trading strategy. By providing a clear visualization of market trends across multiple timeframes, this indicator helps you make informed trading decisions with confidence and trade with the market trend. Whether you're a day trader or a long-term investor, this indicator is an essential addition to your trading toolkit.
█ IMPORTANT
This indicator is a tool to aid in your analysis and should not be used as the sole basis for trading decisions. It is recommended to use this indicator in conjunction with other tools and perform comprehensive market analysis before making any trades.
Happy trading!
在腳本中搜尋" TABLE "
ICT Opening Range GapOpening Range Gap
The Opening Range Gap, also known as the Regular Trading Hours (RTH) Gap, is the distance between the first opening tick of a session and the previous session's close, when looking at a chart's Regular Trading Hours (not to be confused with Electronic Trading Hours). This gap is an important element for Futures Market traders that follow the works of The Inner Circle Trader (ICT). To be more specific, the Opening Range Gap occurs between 4:15pm and 9:30am of the next day.
The Opening Range Gap can be viewed easily when switching the session type to "Regular trading hours".
The image above shows an example of an RTH Gap for Wednesday, June 12, 2024 in CME_MINI:ES1!
How To Use Opening Range Gap
The Opening Range Gap can be used like any other form of a gap by extending it into future price action and looking for it to be filled on the same day or the upcoming days.
Looking for 50% of the gap to be filled as an initial target is one of the methodologies taught by ICT. Additionally, the high and low of the gap (as well as the midpoint) can be used as points of dynamic support & resistance, even if the gap is already filled. Therefore, these gaps do not "expire", and they can be used as key price levels extended through to the end of the week.
Disclaimer
This indicator is mainly intended to work for Futures markets, and specifically the following Index Futures markets: E-mini S&P 500 Futures, E-mini NASDAQ-100 Futures, E-mini DOW Futures.
Given that, the indicator still supports various other markets/assets out-of-the-box, such as other types of Futures Markets, Stocks, Options, and more. The main difference will be that other markets may have RTH Gaps forming at different times, rather than the 4:15pm-9:30am gap that occurs in the Index Futures (Regular trading hours).
Indicator Purpose
While RTH Gaps can be labeled by hand, this indicator allows you to quickly plot multiple RTH Gaps and get a quick glimpse at potential gaps that you may have missed, which could end up being useful in your analysis.
This indicator is 100% custom-built, not using code from any other existing indicators that may plot Opening Range Gaps. The main purpose of this indicator was to overcome many shortcomings from other existing indicators, most notably the problem of displaying RTH Gaps while using ETH as the chart session.
Therefore, this indicator has many UNIQUE features, such as:
Ability to maintain accuracy of the closing/opening prices even when changing chart settings (e.g., toggling ETH/RTH sessions, toggling BACK-ADJUSTMENT on futures contracts, toggling SETTLEMENT prices, etc.).
Draw up to 25 previous Opening Range Gaps, even on ultra-low timeframes like the 1-minute or 1-second chart.
Automatically or manually choose which Opening Range Gaps to hide/show on the chart.
Highly customizable, including a different color scheme to easily distinguish between the Current and Previous RTH Gaps.
Modified price values to correctly display prices that use a format like 109'32 (e.g., Bond Futures or Wheat Futures).
Helpful tooltips to provide more detailed information about the RTH Gaps or about the current Input Settings.
Error Messages
There are some conditions which can cause the script to fail and display an error message (by clicking the red exclamation mark next to the indicator.)
Error messages:
Use a Standard Chart Type : this will occur when using a non-standard chart such as Heikin Ashi, Renko, Point & Figure, etc.
Use a Daily or Lower Timeframe : this error will appear when using a higher timeframe chart like weekly or monthly, because it can clutter the chart since RTH Gaps can form every day.
RTH Gap was not detected : this means that no RTH gap was found, which will occur on markets that don't have the option to toggle between ETH and RTH sessions (e.g., Forex or Crypto).
Exceeded the maximum lookback for Bar Replay mode : when using bar replay mode; this can depend on the amount of historical bars available in different account subscription types.
Unable to Activate Bar Replay mode : if the indicator could not be used in Bar Replay mode.
Restart Bar Replay : if the indicator works in Bar Replay but it detected an error that would cause RTH Gaps to be plotted incorrectly.
This is an example of what a script error would look like.
Indicator Settings
Most settings are self-explanatory or have a tooltip with information on what the setting does, but this section will only briefly cover the available settings.
Extend to End of Day : This setting is enabled by default. It will extend each RTH Gap only up to the end of its day (specifically, to the RTH close of the day). The option can be toggled OFF to automatically extend all RTH Gaps to the right-most candle on the chart.
Previous RTH Gaps : Between 1 and 25 previous RTH Gaps can be displayed. The checkbox can be toggled to quickly hide all previous RTH Gaps (but the same effect would be reached by setting the value to 0).
Hide Current RTH Gap : The Current RTH Gap (most recent one), can be optionally hidden from being plotted.
Beginning Anchor Point : Choose the beginning anchor point for all RTH Gaps. The default is "RTH Close", which means that each gap will be drawn on the chart starting from their previous session's RTH close @ 4:15pm. But it will be a more transparent version of the actual gap; this ghost-like image will extend from 4:15pm all the way up to 9:30am where the gap will then be drawn normally from 9:30am onwards. The other option for this setting is "RTH Open" which means that the gap will be drawn starting from the actual 9:30am opening.
Current RTH Gap Style
These settings are used to customize the visual style of the most recent RTH Gap (also known as the "Current" RTH Gap). Note: the exact same set of settings are available for the Previous RTH Gaps. The text label next to each gap can be optionally hidden to clean the chart a little.
Price Table
These are settings to customize the appearance of the Price Table on the right, including the ability to hide it completely. Note: to actually use the color configurations, you must select "Custom Style" in one of the dropdowns, otherwise it will use "Default Style" which means that the Price Table is automatically styled based on the colors chosen in the Current RTH Gap Style and Previous RTH Gap Style settings.
Overlap Handling
One of 7 available overlap handling options can be used to filter which RTH Gaps are plotted on the chart. By default, the "None" option will be selected, meaning that all valid RTH Gaps are plotted on the chart.
Formatting
Date Format : select the format of the date that is shown next to each RTH Gaps.
Timezone : choose the timezone for the RTH Gap closing/opening date-times that are displayed (only in tooltips when you hover over an RTH Gap label).
RTH Gap Label : choose the details to display next to each gap (e.g., date, or gap number, or both).
Price Format : only two options: Auto/Decimal. "Auto" uses custom processing to allow displaying values such as 109'32 for Bond futures.
Tooltips
The indicator provides additional details about an RTH Gap when you hover over a row in the Price Table.
Note: the same information can be found by hovering over the Text Label that is to the right of each RTH Gap (even when the Text Label is disabled via the Settings).
Overlap Handling
The tooltip next to "Select a Strategy" in the options will provide details on each overlap handling strategy. Additionally, when a strategy is selected, a new row in the Price Table will appear; hovering over that will show details about the currently selected strategy, as well as any suggestions in case the inputs were invalid. When a strategy hides an RTH Gap, the number in the Price Table will be replaced with an "Eye" icon, indicating that it is not currently plotted on the chart.
Available strategies are:
Option 1 (Gradients) : select the percentage opacity to shade RTH Gaps in. The more recent RTH Gaps will be closer to the maximum opacity defined, while the older RTH Gaps will appear more transparent, closer to the minimum opacity defined. Note: only affects previous RTH Gaps, not the current RTH Gap.
Option 2 (Day Extension) : select the number of days to extend each RTH Gap up to. Note: this will override the "Extend to End of Day" setting, regardless whether it is toggled ON or OFF.
Option 3 (Nested Gaps) : hides nested gaps, i.e., RTH Gaps that are enclosed within another RTH Gap. Note: this option is only available when the "Extend to End of Day" setting is disabled .
Option 4 (Intersecting Gaps) : hides intersecting/overlapping gaps, i.e., RTH Gaps that overlap one another (this may also include, but is not limited to, nested gaps). The drop-down next to this option allows choosing the priority of which RTH Gaps to hide first. Note: this option is only available when the "Extend to End of Day" setting is disabled .
Option 5 (Gap Width) : the chart will only show RTH Gaps that have a width/size between the defined parameters.
Option 6 (Close Proximity) : the chart will only show the RTH Gaps that are within a certain range from the market price. This can be useful when plotting multiple RTH Gaps while using auto-scaling on the chart. By only showing nearby RTH Gaps, it will prevent the auto-scaling from having to compress the candles to fit the far-away RTH Gaps onto the screen.
Option 7 (CSV) : this option is used if none of the others suit you well; it allows specifically choosing which RTH Gaps to hide or show on the chart.
This is an example that chooses the Overlap Handling Strategy Option 6. Note that in this example, the tooltip in the price table shows a warning that the Input Number should be increased to plot some RTH Gaps on the chart.
Tips
Chart settings can be toggled to "Scale price chart only" to prevent the auto-scaling of TradingView from compressing the chart if there are RTH Gaps that are far away from the current market action.
If you change a lot of indicator settings such as RTH Gap color schemes, you can save the settings as the Default to prevent your settings from resetting the next time you use the indicator.
Probability of Monday Rise After Friday FallPurpose:
This indicator calculates the probability of a price rise on Monday following a fall on the preceding Friday. It marks Fridays on the chart and displays the count and probabilities of such occurrences over the last 500 bars (or a user-defined lookback period).
Inputs:
Lookback Period: The number of bars to look back for the analysis (default is 500).
Mark Fridays?: Option to mark Fridays on the chart.
Table Background Color: The background color of the results table.
Text Color: The color of the text in the results table.
Logic:
Initialization:
The script initializes counters for:
Fridays with a fall (bear bars).
Mondays with a rise (bull bars) following a Friday fall.
Mondays with a fall (bear bars) following a Friday fall.
Definitions:
isFriday(): Checks if a bar is a Friday.
isMonday(): Checks if a bar is a Monday.
Data Analysis:
The script iterates over the last 500 bars (or the user-defined lookback period) to:
Identify Fridays with a fall (bear bars).
Check the next bar to see if it is a Monday and if it follows a Friday fall. If so, it checks whether the Monday is a rise (bull bar) or a fall (bear bar) and increments the corresponding counter.
Calculating Probabilities:
Probability of Monday Rise after Friday Fall: The ratio of Mondays with a rise following a Friday fall to the total number of Friday falls, expressed as a percentage.
Probability of Monday Fall after Friday Fall: The ratio of Mondays with a fall following a Friday fall to the total number of Friday falls, expressed as a percentage.
Displaying Results:
The results are displayed in a table at the top right corner of the chart, showing:
The count of Fridays with a fall.
The count and probability of Mondays with a rise following a Friday fall.
The count and probability of Mondays with a fall following a Friday fall.
Marking Fridays:
Optionally, the script marks Fridays on the chart with a triangle below the bar.
NZTVolumeDESCRIPTION IN ENGLISH
🔶 INTRODUCTION
NZTVolume is an advanced indicator for TradingView , inspired by the mentor Almaz . It is intended to facilitate the analytical work of traders who actively use data on real trading volumes in their analysis. The indicator also has many features that simplify operation and provide great opportunities for analysis , including the key function - identification of effective and ineffective movements, which are described below.
🔶 CONTENT
This tool provides detailed visualization of real volume . Other features such as candlestick color change depending on volume, histogram display percentage change in volume , and display candles that have gained liquidity, but the most unique function is the determination of effective and ineffective movements, alerts for them are built into the indicator, and traders will have a unique opportunity by setting alerts to wait for the first effective movement (its meaning and description below) , all this is implemented through advanced computational algorithms applied in the code.
Key features include Real Volume Histogram, Dynamic Candle Color Change, Average Volume Table, Volume Percent Change, Liquidity taken Candle, Volume Moving Averages, Effective and ineffective movements with their lines, 3 types of customizable Volume Alerts.
🔶 LOGIC
🔹 Dynamic Candle Color Change (Изменять цвет свечей)
Candles change to a contrasting color if their volume exceeds that of the previous candle , differentiated into bullish and bearish , including settings for transparency and colors . Can be configured, enabled of or disabled.
🔹 Real Volume Histogram (Показывать гистограмму объемов)
Automatically retrieves data on volumes and shows it on a chart. Can be configured, enabled of or disabled.
🔹 Liquidity Taken Candle (Показывать свечу собравшую ликвидность)
A candle that has taken/captured liquidity , which is determined in the code by the high and low prices of the candle and the volume it has , is displayed on the histogram . Can be configured, enabled or disabled.
🔹 Percent Change Volume (Показывать гистограмму процентного изменения объема)
Calculates and displays volume percent changes on a histogram. Can be configured, enabled or disabled.
🔹 Effective and Ineffective movement/column (Показывать эффективные и неэффективные движения)
By calculating the average volatility of the last bars, as well as calculating the average volume of the last bars, comparing and contrasting them, we obtain the principle of effective and ineffective movement/column. The code includes alerts that allow you to notify the user when the first effective movement/candle appears, which can significantly improve trading and maintain concentration. Basically it's a specific column on histogram, but is called movement so that's it's easier to understand its logic.
🔹 Line of efficiency and inefficiency (Показывать линии эффективности и неэффективности)
These lines connect all effective and ineffective movements' highs on the histogram, allowing traders to practice, as well as build their trading strategy for the trading day.
🔹 Average Volume Table (Показывать таблицу со средним объемом)
Displays the average volume per bar for selected time intervals with the ability to customize the period . Can be configured, enabled or disabled.
🔹 Volume Moving Averages (Показывать среднюю скользящую объема)
Three lines corresponding to users' set time intervals show the change in volume with color and thickness settings. Can be configured, enabled or disabled.
🔹 Alerts (Во сколько раз объем свечи должен превышать предыдущую для алерта)
Alerts can be triggered by 3 conditions
1. if on the selected timeframe the volume of the current candle exceeds the volume of the previous candle by a user-specified number of times , an alert will be triggered.
2. if a liquidity candle appears on the selected timeframe , an alert is triggered.
3. if an effective column/movement appears on the selected timeframe, an alert is triggered.
It can be configured, enabled or disabled.
🔶 TECHNICAL SPECIFICATION AND UNIQUENESS
At the core of NZTVolume is a series of advanced algorithms that analyze volume data in real-time.
Some of them are:
Calculate average volumes by given time period (in hours).
Candles, that took liquidity - considers high volume and wicks' size.
Percent volume change histogram - calculate percent change of volume for every bar and shows it on graph.
Effective and ineffective movement - calculates by algorithm that considers average volume and average volatility, assuming that big market players will contribute the volume.
🔶 DEMONSTRATION OF HOW THE INDICATOR WORKS ON DIFFERENT ASSETS
NZTLevel + NZTVolume Together
🔶 SETTINGS
🔹 Candles (Свечи)
Enable/disable color changes of candles based on volume . Customize colors of contrasting and standard candles, adjust transparency.
🔹 Histogram Settings (Настройки Гистограммы)
Show volume histogram , show liquidity taken candle, show volume percent change histogram, show effective, ineffective movements, show efficiency/inefficiency line.
🔹 Display settings on the Histogram (Настройки отображения на Гистограмме)
Customizable colors for bullish, bearish, liquidity taken columns as well as for effective and ineffective movement/columns and for lines that connect them.
🔹 Table (Таблица)
Toggle the display of the average volume table, customize the background, and set time ranges (3 parameters, multi-timeframe support). Tables shows "average volume over 24/48/72 hours" in translation
🔹 Lines (Линии)
Option to display/hide average volume lines , select colors and thickness for each of the three lines.
🔹 Alerts (Алерты)
As was said before, there are 3 types of alerts , that can be turned off , there is a parameter can be chosen - How many times volume of the current candle should exceeds the volume of the previous candle to trigger alert
🔶 RECOMMENDATIONS FOR USE
It is recommended to set and save the indicator settings that best match your trading preferences to ensure efficiency and ease of use.
NZTVolume stands out among other indicators for its universal functions, versatility, simplicity of installation and setup, high performance, and extensive customization capabilities, making it an indispensable tool for traders of all levels.
The indicator was developed by Temirlan Tolegenov for NZT Trader Community, April 2024, Prague, Czech Republic
ОПИСАНИЕ НА РУССКОМ ЯЗЫКЕ
🔶 ВСТУПЛЕНИЕ
NZTVolume — это продвинутый индикатор для TradingView , вдохновленный ментором Алмазом . Он предназначен для облегчения аналитической работы трейдеров, которые активно используют данные о реальных объёмах торгов в своем анализе. Индикатор также имеет множество функций, которые упрощают работу и предоставляют большие возможности для анализа , включая ключевую функцию - выявление эффективных и неэффективных движений, которые описаны ниже.
🔶 СОДЕРЖАНИЕ
Индикатор обеспечивает детальную визуализацию реального объема . Другие функции, такие как изменение цвета свечей в зависимости от объема, отображение гистограммы процентное изменение объема и отображение свечи, собравшей ликвидность, но самой уникальной функцией является определение эффективных и неэффективных движений, оповещения по ним встроены в индикатор, и у трейдеров появится уникальная возможность установить оповещения на ожидание первого эффективного движения (его смысл и описание ниже). ) , всё это реализовано посредством продвинутых вычислительных алгоритмов, примененных в коде.
Ключевые функции включают в себя гистограмму реального объема, динамическое изменение цвета свечи, таблицу среднего объема, процентное изменение объема, свечу, взявшую ликвидности, скользящие средние объема, эффективные и неэффективные движения с их линиями, 3 типа настраиваемых параметров. Оповещения об объеме.
🔶 ЛОГИКА
🔹 Динамическое изменение цвета свечей (Изменить цвет свечей)
Свечи меняют цвет на контрастный , если их объем превышает объем предыдущей свечи , дифференцируются на бычьи и медвежьи , включая настройки прозрачности и цвета . Можно настроить, включить или отключить.
🔹 Гистограмма реального объёма (Показывать гистограмму объёмов)
Автоматически извлекает данные по объемам и отображает их на графике. Можно настроить, включить или отключить.
🔹 Свеча, собравшая ликвидность (Показывать свечу собравшую ликвидность)
Свеча, собравшая ликвидность , которая определена в коде максимальной и минимальной ценой свечи и объемом, который она имеет , отображается на гистограмма . Можно настроить, включить или отключить.
🔹 Процентное изменение объема (Показывать гистограмму процентного изменения объема)
Вычисляет и отображает процентные изменения объема на гистограмме. Можно настроить, включить или отключить.
🔹 Эффективные и неэффективные движения(Показать Эффективныеи неэффективные движения)
Рассчитав среднюю волатильность последних баров, а также вычислив средний объем последних баров, сравнивая и противопоставляя их, мы получаем принцип эффективного и неэффективного движения/столбца. В код включены оповещения, которые позволяют оповещать пользователя при появлении первого эффективного движения/свечи, что позволяет существенно улучшить торговлю и сохранить концентрацию. По сути, это отдельный столбец на гистограмме, но он называется движением, потому что так, его логику будет легче понять.
🔹 Линия эффективности и неэффективности (Показывать линии эффективности и неэффективности)
Эти линии соединяют хаи всех эффективных и неэффективных движений на гистограмме, позволяя трейдерам практиковаться, а также строить свою торговую стратегию на торговый день.
🔹 Таблица среднего объема (Показать таблицу со значением определения)
Отображает средний объем на бар для выбранных временных интервалов с возможностью настройки периода . Можно настроить, включить или отключить.
🔹 Скользящие средние объёма (Показать среднюю скользящую объём)
Три линии, соответствующие установленным пользователем временным интервалам , показывают изменение объема с настройками цвета и толщины. Можно настроить, включить или отключить.
🔹 Оповещения (Во сколько раз объем свечи должен превышать предыдущую для оповещения)
Оповещения могут быть вызваны тремя условиями
1. Если на выбранном таймфрейме объем текущей свечи превысит объем предыдущей свечи в заданное пользователем количество раз , сработает оповещение
2. Если на выбранном таймфрейме появляется свеча ликвидности , срабатывает оповещение
3. Если на выбранном таймфрейме появляется эффективный столбец/движение , срабатывает оповещение.
Это можно настроить, включить или отключить.
🔶 ТЕХНИЧЕСКИЕ ХАРАКТЕРИСТИКИ И УНИКАЛЬНОСТЬ
В основе NZTVolume лежит серия продвинутых алгоритмов, которые анализируют данные об объемах в режиме реального времени.
Некоторые из них:
Рассчёт средние объёмы за заданный период времени (в часах).
Свечи, снявшие ликвидность - учитывает большой объем и размер шпилей.
Процентное изменение объема на гистограмме — рассчитывает процентное изменение объема для каждого бара и отображает его на графике.
Эффективное и неэффективное движение - рассчитывается по алгоритму, учитывающему средний объем и среднюю волатильность, предполагая, что объем крупных игроков будет сигнализировать о намерении рынка и силе движения.
🔶 НАСТРОЙКИ
🔹 Свечи
Включить/отключить изменение цвета свечей в зависимости от объема . Настройте цвета контрастных и стандартных свечей, настройте прозрачность.
🔹 Настройки гистограммы
Показать гистограмму объема , показать свечу взятой ликвидности, показать гистограмму процентного изменения объема, показать эффективные и неэффективные движения, показать линию эффективности/неэффективности.
🔹 Настройки отображения на гистограмме
Настраиваемые цвета для бычьих, медвежьих, свечей, собравших ликвидность столбцов, а также для эффективных и неэффективных движений/столбцов и линий, которые их соединяют.
🔹 Таблица
Переключайте отображение таблицы среднего объема, настраивайте фон и устанавливайте временные диапазоны (3 параметра, мультитаймфрейм).
🔹 Линии
Возможность отобразить/скрыть линии среднего объема , выбрать цвет и толщину для каждой из трех линий.
🔹 Алерты
Как было сказано ранее, есть 3 типа оповещений , которые можно отключить , можно выбрать параметр — во сколько раз объем текущей свечи должен превышать объем предыдущей свечи, чтобы сработало оповещение.
🔶 РЕКОМЕНДАЦИИ К ИСПОЛЬЗОВАНИЮ
Рекомендуется установить и сохранить настройки индикатора, которые лучше всего соответствуют вашим торговым предпочтениям, чтобы обеспечить эффективность и простоту использования.
NZTVolume выделяется среди других индикаторов своими универсальными функциями, универсальностью, простотой установки и настройки, высокой производительностью и широкими возможностями настройки, что делает его незаменимым инструментом для трейдеров всех уровней.
Индикатор разработан Темирланом Толегеновым для международного сообщества NZT Trader , Апрель 2024, Прага, Чешская Республика.
The indicator is published in accordance and respect to all House Rules of the TradingView platform.
Индикатор опубликован в соответствии и уважением ко всем внутренним правилами платформы TradingView.
Time-itTime-it = Time based indicator
The Time-it indicator parses data by the day of week. Every tradeable instrument has its own personality. Some are more volatile on Mondays, and some are more bullish / bearish on Fridays or any day in between. The key metrics Time-it parses is range, open, high, low, close and +volume-.
The Time-it parsed data is printed in a table format. The table, position, size & color and text color & size can be changed to your preference. Each column parsed data is the last 10 which is numbered 0-9 which refers to the number of the selected day bars ago. For example: if Monday is chosen, 0 is the last closed Monday bar and 9 is the last closed Monday 9 Monday bars ago.
Range = measures the range between high and low for the day.
Open = is the opening price for the day.
High = is the high price for the day.
Low = is the low price for the day.
Close = is the closing price for the day.
+volume- = is the positive or negative volume for the day.
Default settings:
*Represents a how to use tooltip*
Source = ohlc4
* The source used for MA
MA length = 20
* The moving average used
Day bar color on / off
* checked on / unchecked off
Monday = blue
Tuesday = yellow
Wednesday = purple
Thursday = orange
Friday = white
Saturday = red
Sunday = green
Day M, T, W, TH, F, ST, SN.
* Parsed data for the day of week tables
Table, position, size & color:
Top, middle, bottom, left, center, right
* Table position on the chart.
Frame width & border width = 1
Text color and text size
Border color and frame color
Decimal place = 0
* example: use 0 for a round number, use 4 for Forex
*** The Time-it indicator uses parts and/or pieces of code from "Tradingview Up/Down Volume" and "Tradingview Financials on Chart".
Smart Money Breakouts [ChartPrime]The " Smart Money Breakouts " indicator is designed to identify breakouts based on changes in character (CHOCH) or breaks of structure (BOS) patterns, facilitating automated trading with user-defined Take Profit (TP) level.
the indicator incorporates essential elements such as volume analysis and a data table to assist traders in optimizing their strategies.
🔸 Breakout Detection:
The indicator scans price movements for "Change in Character" (CHOCH) and "Break of Structure" (BOS) patterns, signaling potential breakout opportunities in the market.
🔸User-Defined TP :
Traders can customize the Take Profit (TP) through the indicator settings, with these levels dynamically calculated based on the Average True Range (ATR). This allows for precise risk management and profit targets that adapt to market volatility.
🔸 Volume Analysis and Trade Direction Specific Analysis:
The indicator includes a volume checker that provides valuable insights into the strength of the breakout, taking into account trade direction.
🔸If the volume label is red and the trade is long, it suggests a higher likelihood of hitting the Stop Loss (SL).
🔸If the volume label is green and the trade is long, it indicates a higher probability of hitting the Take Profit (TP).
🔸For short trades, a red volume label suggests a higher likelihood of hitting TP, while a green label suggests a higher likelihood of hitting SL.
🔸A yellow volume label suggests that the volume is inconclusive, neither favoring bullish nor bearish movements.
🔸Data Table:
The indicator features a data table that keeps track of the number of winning and losing trades for specific timeframes or configurations.
This table serves as a valuable tool for traders to analyze performance and discover optimal settings and timeframes.
The "Smart Money Breakouts" indicator provides traders with a comprehensive solution for breakout trading, combining technical analysis of changes in character and breaks of structure, volume insights, and performance tracking while dynamically adjusting TP and SL levels based on market volatility through the ATR.
IU Probability CalculatorHow This Script Works:
1. This script calculate the probability of price reaching a user-defined price level within one candle with the help Normal Distribution Probability Table.
2. Normal Distribution Probability Table is use for calculating probability of events, it's very powerful for calculation of probability and this script is fully based on that table.
3. It takes the Average True Range value or Standard Deviation value of past user-defined length bar.
4. After that it take this formula z = ( price_level - close ) / (ATR or Standard Deviation) and return the value for z, for the bearish side it take z = (close - price level) / (ATR or Standard Deviation ) formula.
5. Once we have the z it look into Normal Distribution Probability Table and match the value.
6. Now the value of z is multiple buy 100 in order to make it look in percentage term.
7. After that this script subtract the final value with 100 because probability always comes under 100%
8. finally we plot the probability at the bottom of the chart the red line indicates "The probability of price not reaching that price level", While the green line indicates "Probability of price Reaching that level " .
9. This script will work fine for both of the directions
How This Is Useful For The User:
1. With this script user can know the probability of price reaching the certain level within one candle for both Directions .
2. This is useful while creating options hedging strategies
3. This can be helpful for deciding stop loss level.
4. It's useful for scalpers for managing their traders and it can be use by binary option traders.
Multi Timeframe Moving AveragesThe Multi Timeframe Moving Averages indicator is a powerful tool for technical analysis that allows traders to visualize and analyze moving averages from multiple timeframes on a single chart. This can be helpful for identifying trends, support and resistance levels, and potential entry and exit points.
The indicator is highly customizable, allowing traders to choose the number of moving averages to plot, the timeframe for each moving average, and the color and style of each line. Traders can also choose to plot the moving averages as solid lines, dashed lines, or filled bands.
The indicator also includes a number of additional features, such as:
The ability to plot standard deviations around the moving averages
The ability to display a table of all the moving averages on the chart
The ability to draw arrows on the chart to indicate when prices cross the moving averages
The Multi Timeframe Moving Averages indicator can be used by traders of all experience levels and is a valuable tool for any technical trader's arsenal.
EXAMPLE USAGE
One way to use the Multi Timeframe Moving Averages indicator is to identify trends. If the moving averages on all timeframes are sloping in the same direction, then the market is likely trending in that direction. For example, if the 50-day, 100-day, and 200-day moving averages are all sloping upwards, then the market is likely in a bullish trend.
Another way to use the Multi Timeframe Moving Averages indicator is to identify support and resistance levels. Moving averages can act as both support and resistance levels, depending on the direction of the trend. For example, if the market is in a bullish trend, then the 50-day moving average can act as a support level. If the market price falls below the 50-day moving average, it could signal a potential reversal of the trend.
The Multi Timeframe Moving Averages indicator can also be used to identify potential entry and exit points. For example, a trader could enter a long position when the price crosses above the 50-day moving average and exit the position when the price crosses below the 200-day moving average.
BOLLINGER BANDS SIGNAL
For every available timeframe, if prices bounce off the lower band and cross above their moving average, the upper band becomes the upper price target. A crossing below the moving average would identify the lower band as the downside target. In a strong uptrend, prices will usually fluctuate between the upper band and the average. In that case, a crossing below the average warns of a trend reversal to the downside.
USER INPUT SETTINGS
The elements below reflect the indicator’s settings menu structure:
Near Hit % : Reduce/increase target distance by setting them closer/further away from the band. This is a percentage of the distance between the moving average and its bands.
Gradient (Size & Style) : if on, plots a customizable gradient of colors instead of lines to represent standard deviations. Each color can be changed in the Moving Average Settings” section of the settings menu
Arrows (width & Shift) : if on, will display arrow-shaped lines at the right of the real-time bar. After an MA crossover/crossunder, the arrow starts at the moving average and ends at the corresponding band until the target gets hit.
Backtest Table (Location & Size) : if on, shows a timeframe screener table. Use “Small” as a Size for better mobile screen displays. This table allows you to see active targets and their directions across every timeframe. The table also displays the weighted average (%) of Hit targets signals, from the chart's timeframe point of view to all other timeframes.
St. Dev. (length & Mult.) : Bollinger Bands / Standard deviation lookback period & multiplier
Trade Labels : off by default, highlight crossovers, crossunders, and target hit with a label numbered with its corresponding moving average from the settings menu: MA01, MA02, etc.
Moving Averages : Show/hide plotted Moving Averages Lines
Moving Average Settings (plotted)
These are the 5 moving averages and corresponding bands that can be plotted on the chart. For each of those, you can customize their timeframes, types (SMA, EMA, etc.), and lookback periods
Other Moving Averages (no plots)
Similar to the above, these moving averages will reflect on the vertical arrows and inside the table
CONCLUSION
The Multi Timeframe Moving Averages indicator is a powerful tool for technical analysis that can be used to identify trends, support and resistance levels, and potential entry and exit points. The indicator is highly customizable and includes a number of additional features, such as the ability to plot standard deviations and display a table of all the moving averages on the chart. The Multi Timeframe Moving Averages indicator is a valuable tool for any technical trader's arsenal.
Supertrend Targets [ChartPrime]The Supertrend Targets indicator combines the concepts of trend-following with dynamic volatility-based target levels. It takes core simple and classical concepts and provides actionable insights. The core of this indicator revolves around the "Supertrend" algorithm, which essentially uses the Average True Range (ATR) and a multiplier to determine if the price of a financial instrument is in an uptrend or downtrend. The indicator generates various plot points on the trading chart, which traders can use to make informed trading decisions.
Users can set several input parameters such as the source price, custom levels, multiplier scale, length of the average true range, and the window length. Traders can also opt to enable a table that shows numeric target data by percentiles, risk ratio, take profit and stop loss points.
The generated plots and fills on the chart represent various levels of potential gains and drawdowns, acting as potential targets for taking profit or stopping losses. These include the 25th, 50th, 75th, 90th, and 100th percentiles, which are adjustable by scale. There are also plots for average gain and drawdown levels, enhanced by standard deviation curves if enabled.
The Supertrend line indicators are color-coded for ease of understanding: blue for bullish performance and orange for bearish performance. The "Center Line" represents the point at which traders might consider entering a position.
Lastly, the script presents a summary table (when enabled) at the right side of the chart displaying numeric data of the plotted targets. This data provides additional insights on the risk-reward balance for each percentile, helping traders to execute their strategies more effectively.
Here's a comprehensive breakdown of its functionalities and features:
Inputs:
Source: Determines the price series type (e.g., Close, Open, High, Low, etc.).
Show Trailing Stop: Option to display the trailing stop on the chart.
Levels: Sets the number of target levels you want to display. Can range from -5 to 5.
Scale: A scaling factor for adjusting targets, can be between 1 to 100.
Window Length: Length for the target computation, determines how many bars will be considered.
Unique: Ensures every data point used in calculations is unique.
Multiplier: Multiplier for the ATR (Average True Range) to compute the SuperTrend.
ATR Length: Period for the ATR computation.
Custom Level: Allows users to set their own levels using various statistics like Average, Average + STDEV, Percentile, or can be disabled.
Percent Rank: Determines the percentile rank for targeting.
Enable Table: Enables or disables a table display.
Methods:
Flag: Identifies bullish and bearish trend reversals.
Target Percent: Determines the expected price movement (both gains and drawdowns) based on historical trend reversals.
Value Percent: Computes the percentage difference between the current price and the entry price during trend reversals.
Plots:
Multiple target lines are plotted on the chart to visualize potential gain and drawdown levels. These levels are adjusted based on user settings. Additionally, the main Supertrend line is plotted to indicate the prevailing trend direction.
Gain Levels: Target levels which show potential upside from the current price.
Drawdown Levels: Target levels which represent potential downside from the current price.
SuperTrend Line: A line that adjusts based on price volatility and trend direction, acting as a dynamic support or resistance.
In conclusion, the "Supertrend Targets " indicator is a powerful tool that combines the principle of trend-following with dynamic targets, providing traders with insights into potential future price movements. The range of customization options allows traders to adapt the indicator to different trading strategies and market conditions.
Philpose's Binary Turbo 1.2Hello there,
I'm thrilled to introduce my very first TradingView indicator - "Philpose's Binary Turbo 1.0." This indicator isn't just another tool; it's my unique take on binary options trading, powered by the Relative Strength Index (RSI).
Differences from Other Indicators:
This indicator is designed for traders who prefer short-term trading, as it uses a 1-minute timeframe.
It assumes that RSI crossovers of overbought and oversold levels can be used to generate binary options signals.
Users should backtest and evaluate the indicator's performance in different market conditions and consider risk management strategies.
Custom Logic: This indicator implements a custom trading logic based on RSI crossovers of overbought and oversold levels. Many indicators on TradingView use standard indicators, but this script incorporates unique logic.
Signal Tracking: It tracks and displays the last buy and sell signals on the chart. This visual representation can be helpful for traders to see when signals were generated.
Streak Tracking: The script keeps track of winning and losing streaks, which can provide traders with insights into their trading performance over time.
Table Summary: It creates a table summarizing various statistics related to the signals generated, such as total signals, wins, losses, and streaks. This tabular representation can be useful for traders to assess the indicator's performance.
How to Use:
To use this indicator effectively, follow these steps:
Add the Indicator: Copy and paste the script into TradingView's Pine Script editor. Then, apply the indicator to the chart.
Customize Parameters: Adjust the RSI parameters (period, overbought, and oversold levels) and the minimum bars between signals according to your trading strategy and preferences.
Interpret Signals: Buy signals are generated when the RSI crosses above the oversold level, and sell signals occur when it crosses below the overbought level.
Analyze Streaks: Keep an eye on the win and loss streaks to assess the indicator's performance and your trading strategy.
Review Table: The table at the top-right corner of the chart provides a summary of important statistics related to signals, wins, losses, and streaks.
Markets and Conditions:
The script can be used in various financial markets, including stocks, forex, commodities, and indices. However, it's important to note that binary options trading has a distinct risk profile and is available on certain platforms. Therefore, you should ensure that your chosen binary options platform supports TradingView indicators and that you understand the specific conditions of binary options trading.
Conditions for Use:
This indicator is designed for traders who prefer short-term trading, as it uses a 1-minute timeframe.
It assumes that RSI crossovers of overbought and oversold levels can be used to generate binary options signals.
Users should backtest and evaluate the indicator's performance in different market conditions and consider risk management strategies.
Please exercise caution when using any trading indicator or strategy, especially in binary options trading, as it involves a high level of risk, and you may lose your entire investment. It's advisable to thoroughly test any strategy on a demo account before trading with real funds and to seek the advice of a qualified financial advisor if you are unsure about your trading decisions.
HTF Oscillators RSI/ROC/MFI/CCI/AO - Dynamic SmoothingThe Interplay of Time Frames: A Balanced View
Navigating the markets often involves interpreting trends from multiple angles. The HTF Oscillators with Dynamic Smoothing indicator enables you to do just that. This tool provides the option to integrate smoothed oscillator readings from Higher Time Frames (HTF) into lower time frame charts, such as a 1-minute chart. By doing so, the indicator offers a balanced viewpoint that bridges the gap between micro and macro perspectives, helping you make informed decisions without losing sight of the broader market context.
Features
Multi-Oscillator Support
Choose from a range of popular oscillators like the Relative Strength Index (RSI), Rate of Change (ROC), Money Flow Index (MFI), Commodity Channel Index (CCI), and Awesome Oscillator (AO). These oscillators are commonly used as foundational building blocks in trading strategy scripts by traders worldwide. Switch effortlessly between them, depending on your trading strategy and requirements. To maintain consistency and a familiar user experience, our script adopts the same visual aesthetics that you'll find in Pine Script indicators on TradingView: a sleek purple line for the oscillator and a transparent band filling. These visual elements are not only pleasing to the eye but also widely appreciated by the trading community.
Dynamic Smoothing
The unique dynamic smoothing feature calculates a smoothing factor based on the ratio of minutes between the Higher Time Frame (HTF) and your current time frame. This provides a sleek and responsive oscillator line that still holds the weight of the longer trend. One of the significant advantages of this feature is user experience; when you change your time frame, the HTF-values in your settings will remain consistent. This ensures that you can easily switch between different time frames without losing the insights provided by your selected HTF.
Visual Aids
Visual cues are an essential part of any trading strategy. The indicator not only plots signals to mark overbought and oversold conditions based on the dynamically smoothed oscillator but also provides you with the flexibility to customize your visual experience. You have the option to toggle on/off the display of these signals depending on your specific needs. Additionally, bands can be displayed at overbought and oversold levels, along with a reference middle line. If you switch between different oscillators (available in the parameter settings), remember to manually adjust the bands in the input settings to ensure signals matches with the type of oscillator to your liking.
User-Friendly Settings
We've grouped related settings together, making it easier for you to find what you're looking for. Adjust the oscillator type, length of bars, smoothing settings, and more with just a few clicks.
Information Table
A standout feature of this indicator is the real-time information table, which displays the values of all selected oscillators based on your specified Higher Time Frame (HTF) settings. This can be particularly useful for traders who depend on multiple indicators for their decision-making process. The data presented in the table is synchronized with the HTF options you've configured in the input settings, allowing for a more efficient and quick scan of values from higher time frames.
Educational Corner: The Power of the Information Table and Customization
The table incorporated into this indicator isn't just eye-candy; it's a practical tool designed to elevate your trading strategy. It dynamically displays real-time values of various oscillators for the HTF you've chosen. This is an exemplary use of TradingView's scripting capabilities to blend multiple indicators into a single visual panel, streamlining your analysis and decision-making process.
But here's the best part: You're not limited to what we've created. With some basic understanding of TradingView's scripting language, Pine Script, you can easily adapt this table to include different indicators that suit your unique trading style. The logic in the script is modular and can serve as a foundation for your own customized trading dashboard. So, go ahead, get creative and explore new combinations of indicators that will help you excel in your trading endeavors!
You no longer have to toggle between different charts or indicators to get the information you need; it's all there in one neatly organized table. We encourage you to tap into this feature and make it your own, empowering your trading like never before.
By doing so, you not only gain a more comprehensive toolset, but you also engage more deeply with your trading strategy, understanding its nuances and, ultimately, making more informed decisions.
Conclusion
The HTF Oscillators with Dynamic Smoothing is a versatile and powerful tool that brings together the best of both worlds: the perspective of higher time frames and the granularity of shorter ones. Its feature-rich setting options and real-time information table make it a potential useful addition to your trading toolkit.
Remember, while this indicator offers a comprehensive and smarter way to look at the markets, it is not a foolproof method for predicting market movements. Always use it in conjunction with other analysis methods and risk management strategies.
FCPO - NSawit Swing StrategyThis Indicator implements a custom strategy function in an indicator script. It works on a 4-hour time frame and exclusively for the FCPO futures market only.
The NSawit Swing Strategy consists of three main features:
Feature 1: Trade Summary
This feature utilizes the table function to summarize all completed trades within the current active month. The indicator generates a table that displays relevant trade information like total ticks and profit/loss. For example: table.new(position.top_right, 1, 4, border_width=0)
Feature 2: Active Month Highlight
The purpose of this feature is to visually mark the beginning and end of the current active month on the chart. It achieves this by dynamically changing the background color within the current active month. For example: bgcolor(Highlight ? ColorBG : na)
Feature 3: Swing Reversal Points
This feature identifies swing reversal points on the chart by analyzing candlestick patterns and applying a custom matching algorithm.
If a candlestick pattern matches the specified criteria, the indicator generates a retest box area.
When the price touches this box, it triggers long or short orders. The relevant data, including entry and exit points, are stored in sets of arrays. These data are then utilized by the Trade Summary table to provide a comprehensive overview of the swing trading activity.
Take profit and cut loss value can be set in setting.
To view past contracts kindly add this watchlist.
www.tradingview.com
Multi Timeframe Control (Enomai)This indicator is called "Multi Timeframe Control" and has the following features:
1. Table settings:
- selection of different timeframes (1m, 5m, 15m, 30m, 1h, 2h, 4h, 8h, 12h, D, W, M) for displaying closing prices;
- choice of table orientation (horizontal or vertical);
- selection of the position for the table on the chart (top right, middle right, bottom right, top center, middle center, bottom center, top left, middle left, bottom left);
- table size selection (automatic, large, medium, normal, small, tiny);
- text color customization (positive closing value color and negative closing value color);
- display or hide closing prices in the table.
2. Line settings:
- selection of different timeframes for displaying lines (similar to table settings);
- for each time frame (1m, 5m, 15m, etc.) you can choose whether to place a line on the chart;
- individual color selection for each line.
- choice of line display type on the chart (circle, cross, step line, diamond);
- show or hide lines on the chart.
3. Other settings:
- offset the length of price lines to the left by a certain number of bars (default is 0, maximum is 300 bars);
- offset of bars for displaying the closing price from previous periods (default is 1, maximum is 500 bars).
The indicator allows you to display closing prices for different timeframes simultaneously both in the table and on the chart with the corresponding colors for each timeframe. You can also set up which previous bar and, accordingly, its closing price to display in the table and on the chart. For example, if you set 3 in the bar offset setting for displaying the closing price of previous periods, then for the D timeframe will be displayed the closing price of the bar 3 days ago.
-----
Данный индикатор называется "Multi Timeframe Control" и имеет следующие возможности:
1. Настройка таблицы:
- выбор различных временных рамок (1m, 5m, 15m, 30m, 1h, 2h, 4h, 8h, 12h, D, W, M) для отображения цен закрытия;
- выбор ориентации таблицы (горизонтальная или вертикальная);
- выбор положения таблицы на графике (верхний правый, средний правый, нижний правый, верхний центр, средний центр, нижний центр, верхний левый, средний левый, нижний левый);
- выбор размера таблицы (автоматический, большой, средний, нормальный, малый, мелкий);
- настройка цвета текста, цвета положительных значений закрытия цены и цвета отрицательных значений закрытия цены;
- отображение или сокрытие цен закрытия в таблице.
2. Настройка линий:
- выбор различных временных рамок для отображения линий (аналогичны настройкам таблицы);
- для каждой временной рамки (1m, 5m, 15m и т.д.) вы можете выбрать, нужно ли размещать линию на графике;
- вы можете выбрать цвет для каждой линии в отдельности.
- выбор типа отображения линий на графике (круг, крестик, ступенчатая линия, ромб);
- отображение или сокрытие линий на графике.
3. Другие настройки:
- смещение длины линий цены влево на определенное количество баров (по умолчанию 0, максимум 300 баров);
- смещение баров для отображения цены закрытия предыдущих периодов (по умолчанию 1, максимум 500 баров).
Индикатор позволяет отображать цены закрытия для разных таймфреймов одновременно как в таблице, так и на графике с соответствующими цветами для каждого таймфрейма. Также Вы можете настроить какой именно предыдущий бар и, соответственно, его цену закрытия отображать в таблице и на графике. Например, если в настройке смещения баров для отображения цены закрытия предыдущих периодов установить 3, то для таймфрейма D будет отображаться цена закрытия бара 3 дня назад.
[DisDev] Tactical Analysis Part II: Levels🟩 Tactical Analysis Part II: Levels of the Battlefield represents the evolution of our comprehensive suite, expanding on the success of Tactical Analysis Part I: High-Volume Recovery . This advanced tool seamlessly integrates components from PVSRA, the Market Maker Method by Steve Mauro, and Tino from Traders Reality's Hybrid System, equipping traders with a significant advantage. With Tactical Analysis Part II, you gain access to a diverse range of essential features, including the DisDev Level Reducer™, designed to streamline your chart while ensuring you never overlook a critical level. Prepare to enhance your trading prowess with the power of Tactical Analysis Part II: Levels of the Battlefield.
⚡ OVERVIEW ⚡
Key Features 🔑
Daily Open: Marks the daily opening price at 00:00 UTC.
Weekly Open: Highlights the opening price at the start of each trading week.
Initial Balance (IB): Represents the high and low of the first hour of each day.
Pivot Points: Calculates the two closest pivot levels to the current price.
Volume Weighted Average Price (VWAPs): Marks key areas where the majority of transactions occur.
Average Daily Range (ADR) & Average Weekly Range (AWR): Indicates potential price movement boundaries.
Psychological Levels: A weekly range established each Saturday evening.
Benefits 💸
Comprehensive Analysis: Consolidates multiple important trading metrics into one indicator.
Time Efficiency: Saves time that would be spent manually tracking each of these metrics.
Enhanced Decision Making: Helps traders make more informed decisions by providing important levels.
⚙️ CONFIGURATION & SETTINGS ⚙️
Inputs 🔧
Level Reducer: Allows the user to declutter the chart while still tracking all selected levels.
Level and Label Settings: Provides control over the visibility and length of level lines and labels.
Customizable Settings: Enable or disable any level
Alerts 🔔
Tactical Coordinates Table: Updates levels dynamically in the table according to the actual price.
Real-time Alerts: The Indicator provides alerts when price approaches or crosses any of the defined levels.
Tactical Coordinates Table
Alerts
💡 USAGE & STRATEGY 💡
Trading Strategies 📈
Level Confirmation: Use the Indicator's defined levels as confirmations for your own trading strategies.
Reversal Spots: Levels like the daily and weekly opens or the VWAPs can be potential reversal points.
Breakout Trades: Initial Balance (IB) levels could provide breakout trade opportunities.
Timeframes and Symbols ⌚
Multi-Timeframe: Indicator is compatible with multiple timeframes.
Versatile: Can be used on any crypto trading pair on TradingView.
🤖 DETAILS & METHODOLOGY 🤖
Algorithm and Calculation 🛡️
Dynamic Calculation: Levels are calculated based on price and time data, providing real-time insights.
Pivot Points: Calculated based on a specific formula involving past and subsequent bars or candles.
VWAPs: Calculated based on the average price weighted by volume.
📚 ADDITIONAL RESOURCES 📚
Tutorials and Guides 📖
Visit our website to download comprehensive PDF documents that provide in-depth explanations on various key topics. These include:
Understanding various trading levels such as Daily Open, Weekly Open, Initial Balance (IB), Pivot Points, VWAPs, ADR & AWR, and Psychological Levels.
How data in different time frames is calculated and how this affects the marking of High and Low levels on different time frames.
How our script addresses the data limitations in TradingView, ensuring all levels are shown at the lowest time frame allowable.
Adjusting level and label settings in the indicator.
Using the Level Reducer function to help declutter your chart while still tracking all selected levels.
Chart Examples 📊
Daily Levels
Weekly and Monthly Levels
Tactical Coordinates Table
🚀 CONCLUSION 🚀
The Indicator, with its Levels feature, provides a unique perspective to day and swing traders. Its ability to dynamically calculate and visualize critical trading levels and ranges aims to empower traders with timely insights and efficient analysis. Whether you're an experienced trader or just starting out, integrating these level markers into your trading strategy can significantly improve your market understanding and decision-making process.
The complete Tactical Analysis Indicator Suite
⚠️ DISCLAIMER ⚠️
This indicator is provided as a tool for traders and is not intended to be the sole basis for any trading decision. Always conduct your own research and due diligence, and consider your risk tolerance before entering any trades. Trading involves risk and is not suitable for everyone.
[DisDev] Tactical Analysis Part I: High-Volume Recovery🟩 Tactical Analysis Part I: High-Volume Recovery . Introducing the Tactical Analysis Indicator Suite , a comprehensive three-indicator system designed to provide traders with insights into high-volume candles, Induction Recovery Zones™, market sessions, and more. This versatile tool combines elements from PVSRA, Market Maker Method by Steve Mauro, and Tino from Traders Reality's Hybrid System, to enhance your trading performance.
⚡ OVERVIEW ⚡
Key Features 🔑
Induction Candles
Induction Recovery Zones™
Session - High & Low
Tactical Windows
EMA’s
Induction Table
Benefits 💸
Gain a better understanding of market dynamics through high-volume candle analysis.
Identify potential areas of liquidity and price recovery with Induction Recovery Zones™.
Keep track of major market sessions and their impact on price action.
Enhance your trading strategies with additional insights from Tactical Windows and EMA analysis.
Monitor the performance of top cryptocurrencies at a glance with the Induction Table.
⚙️ CONFIGURATION & SETTINGS ⚙️
Inputs 🔧
Customize the settings for Induction Candles, Induction Recovery Zones™, Session lines, Tactical Windows, and the Induction Table.
Adjust the EMA periods to match your preferred trading style.
Alerts 🔔
Set up alerts for Induction Candles and Induction Recovery Zone events.
Configure alerts for session openings and Tactical Windows to stay informed of market activity.
💡 USAGE & STRATEGY 💡
Trading Strategies 📈
Incorporate high-volume candle analysis into your existing trading strategies to better understand market conditions.
Use Induction Recovery Zones™ to identify potential price reversal areas and plan entries or exits accordingly.
Monitor market sessions, Tactical Windows, and the 4hr - 50 EMA to make informed decisions about trade timing.
Timeframes and Symbols ⌚
Recommended for use on timeframes of 30 minutes or lower for accurate session line representation.
Designed for all cryptocurrency markets. Forex and other major markets are currently under development.
🤖 DETAILS & METHODOLOGY 🤖
Algorithm and Calculation 🛡️
The algorithm identifies Induction Candles based on two conditions, taking into consideration volume and candle range.
Induction Recovery Zones™ are calculated based on the Induction Candles and their potential for price recovery.
📚 ADDITONAL RESOURCES 📚
Tutorials and Guides 📖
Our website provides comprehensive tutorials and guides to help users get the most out of this three-indicator suite.
Chart Examples 📊
London Tactical Window impulse break of the high, reversal
Induction Table - Monitor up to 12 other symbol’s Induction activity
EMA Crosses, Tactical Window, Future Sessions, Static EMA’s, and Recovery Zones
TA Part 1 and Part 2 integration
🚀 CONCLUSION 🚀
The Tactical Analysis Pt 1 - High Volume Recovery indicator offers a comprehensive and powerful toolset for traders, combining high-volume candle analysis, Induction Recovery Zones™, market session tracking, Tactical Windows, and EMA analysis. This unique combination of features is designed to help you make more informed trading decisions and enhance your overall trading performance. We encourage you to try out this indicator suite and experience the benefits it can bring to your trading journey.
The complete Tactical Analysis Indicator Suite
⚠️ DISCLAIMER ⚠️
This indicator is provided as a tool for traders and should not be used as the sole basis for making trading decisions. Always conduct your own research and consider your risk tolerance before entering any trades.
Statistics: High & Low timings of custom session; 1yr historyGet statistics of the Session High and Session Low timings for any custom session; based on around 1yr of data.
//Purpose:
-To get data on the 'time of day' tendencies of an asset.
-Narrow in on a custom defined session and get statistics on that session.
//Notes:
-Input times are always in New York time (but changing the timezone after setting WILL adust both table stats and background highlight correctly.
-For particularly long sessions, make sure text size is set to 'tiny' (very long vertical table), or adjust table to display horizontally.
-You'll notice most assets show higher readings around NY equities open (9:30am NY time). Other assets will have 'hot-spots' at other times too.
-Timings represent the beginning of a 15m candle. i.e. reading for 15:45 represents a high occurring between 15:45 and 1600.
-Premium users should get 20k bars => around 1year's worth of data on a 15minute chart. Days of history is displayed in the top left corner of the table.
//Limitations
-only designed and working on 15minute timeframe (to gather a full year of meaningful/comparable % stats, need 15minute 'buckets' of time.
-sessions cannot cross through midnight, or start at midnight (00:15 is ok). 00:15 >> 23:45 is the max session length. On BTC, same applies but 01:00 instead of midnight (all in NY time).
-if your session crosses through 'dead time' (e.g. 17:00-18:00 S&P NY time); table will correctly omit these non-existent candles, but it will add on the missing hour before the start time.
//Cautionary note:
-Since markets are not uncommonly in a trending state when your defined session starts or ends, the high/low timings % readings for start and end of session may be misleadingly high. Try to look for unusually high readings that are not at the start/end of your session.
Wheat (ZW1!) 15min chart; Table displayed vertically:
Nasdaq (NQ1!) 15m chart; Table displayed horizontally and with smaller text to view a very long custom session:
Peer Performance - NIFTY36STOCKSI have created a peer performance dashboard for:
36 stocks from:
5 sectors of Nifty 100
This kind of dashboard is very useful for traders when they are planing to trade in a stocks and like to see how that is stocks is performing against other stocks in the same sector . Picking outperforming stocks will always give outstanding results when market starts moving. os having view on teh complete sector will always be good for traders before picking a specific stock.
Sectors covered in this indicators are:
Indian Auto Sector
Banking Sector
Oil, Gas and Energy Stocks
Cement Sector
Technology Sector
It will help traders reviewing performance ( stock return in last 1 year) of group of stocks from a particular sector .
Basically 5 functions are used to plot this dashboard
using "if " function to shortlist the stocks and the sector it belongs to.
tablo function to plot a table with specific parameters like number of row and columns, color of the frame of table
Getting yearly return into a series of variables using "request.security" function
str.tostring function is used to convert yearly return into a series of text so that it can inserted into the table cell.
finally plotting all the text and yearly return values using table.cell function
Position Tools [Lot,Profit,Loss,Entry,RR,Balance][Mir Nader]This indicator is the advanced version of the position tool in Trading View. When I opened a trade in Metatrader, I had to switch between the MetaTrader and Trading View programs for the amount of profit or loss, that's why I thought of writing an indicator that shows the exact amount of profit, loss, size and other values of the open trade. It came to my mind.
Also, when you use the reply section for backtesting, this indicator helps you to use all the necessary information in each Trade to accurately calculate Trades.
To enter, it is enough to specify the three entry points, target and stop loss according to the message that is displayed to you, so that all the necessary information will be displayed for you.
Well, let's get to the main explanation about how the indicator works :
The indicator consists of two parts :
1 - the calculation table
2 - trade on the chart
Calculation table
This table shows the exact calculations of your trade live.
As you can see, this table consists of 10 sections, which I will describe each.
1 - Your trade entry point on the chart
2 - Your Stop Loss point along with the loss Pip amount
3 - Your Take Profit point along with the Profit Pip amount
4- The fourth part of the table, which is the most important part in my view, shows your current profit amount according to the risk percentage and your Broker Commission per Lot you have defined for Trade, and according to the balance, risk, Tp and Sl value, just like a Risk Management. It suggests the volume of your input based on the lot.
5 - Show the percentage change of the main market according to your trade live
6 - Display the value of Risk to Reward both according to Target Profit and live
7 - This section and the next section of the table show the amount of profit live according to the amount of the lot determined by you and without the risk of the transaction.
8 - Display the current amount of your balance according to whether the trade is in profit or loss
trade on the chart
The second part of the indicator includes the events that are being displayed on your chart
This section supports three types of display modes for buying or selling trades.
The first condition of your trade is that the price has not yet reached the entry point.
The second state is your trade that has not yet hit your target or stop
And the third state of your trade is that your target or stop has been hit.
Further Details :
I am still working on many conditions to add to the indicator and this will take more time.
For example, showing RR live on the chart after each touch has been added for buying Trade but this part is still problematic for selling Trade In the picture below, you can see that your Trade has already passed 3R profit
I have placed three labels next to each Trade for you so that you can see the values of Tp, Stop and Live without needing a table. These values will soon be visible with more options.
All calculations with precise mathematical formulas for accurate performance have been done by myself.
I will be at your service soon with more updates, I will be happy if you send me your suggestions to improve the indicator.
DiNapoli Control PanelThis indicator displays a matrix containing a customized set of Dinapoli indicator readings from Higher Timeframes. It works as a Control Panel to properly monitor multiple layers of the market at an eye glance.
It's capable of displaying any combination of data, from a brief light panel to a full data table summarizing all relevant Dinapoli Indicators.
Only Higher Timeframes states do appear in the table. Lower Timeframes are hidden due to inability to get reliable results for such behaviour in current Tradingview environment.
By default only 5 timeframes get activated: 1H, 4H, 1D, 1W and 1M. But many more are available to be displayed throught the Input Tab.
The position of the table can be customized through the input panel.
Note: The indicator is resource hungry, and sometimes it might need some seconds to fully populate the table.
Options Scalping V2This Indicator is Owned by Team Option Scalping.
It has 4 Plots and 2 Tables.
This indicator to be used only in BankNifty Futures
VWAP ( Volume weighted average price )
• User can input the source and enable/disable the VWAP from input section.
• When price is more than the VWAP its Bullish Trend and vice versa.
VWMA ( Volume weighted moving average )
• Default value of 20 is used in VWMA . User can enable/disable it from input section.
• When price is more than the VWMA its Bullish Trend and vice versa.
Parabolic SAR
• User can input “start”, “increment” and “maximum” values from input section and can enable/disable SAR also.
• When price is more than the Parabolic SAR its Bullish Trend and vice versa.
SuperTrend
• User can input ATR Period and ATR Multiplier values from input section. By defaults it’s 10 and 2.
• User have option of enable/disable “Change ATR calculation Method”, if enabled then ATR is calculated differently for SuperTrend.
• Enable/disable “BUY/SELL signals” on SuperTrend.
• When price is more than the SuperTrend its Bullish Trend and vice versa.
Top Right Corner TABLE ( 6 , 10 )
When you are trading in Banknifty futures , we have to check major Banks which is contributing to Banknifty move. So we have given that in this tab.
This table consist data of 9 following stocks:
• BankNifty
• Nifty
• Dow
• INDIA
• VIX
• HDFC
• ICICI
• KOTAK
• AXIS
• SBI
And following data of each stock has been provided:
• LTP
• Daily Change
• Daily Percentage Change
• 15-minute Change Percentage
• 1-Hour Change Percentage
Bottom Right Corner TABLE (3, 6 )
This table consist of 4 indicators values and Up/Down indicator:
• VWMA (When price is more than the VWMA its Bullish and vice versa)
• SuperTrend (10.2, When price is more than the SuperTrend its Bullish and vice versa.)
• RSI (14)
• VWAP (When price is more than the VWAP its Bullish and vice versa.)
Quantum Currency ArrayThe Currency Array indicator has been developed to measure and display quickly and easily, the speed at which currency pairs are rising and falling. Just like the Quantum Currency Matrix, the Quantum Currency Array indicator displays the complete array of 28 currency pairs derived from the 8 major currency pairs as featured in the Quantum Currency Strength Indicator (CSI):
- US Dollar
- Euro
- British Pound
- Swiss Franc
- Japanese Yen
- Canadian Dollar
- Australian Dollar
- New Zealand Dollar
In displaying all the pairs in an array this gives an instant view of the relative trend strength and displays this relationship in a visual and intuitive manner in three ways. Each one shows a different perspective and insight into the complex world of currency strength concepts.
Ranked list
First, the indicator displays 28 major currency pairs in a ranked list ordered by the strength of the trend. The currency pair with the greatest momentum and steepest uptrend appears at the top of the list while the one with the greatest momentum and steepest downtrend appears at the bottom. All the other pairs are then ranked accordingly, and color coded from red at the bottom, to yellow and into green at the top of the ranking table. Currency pairs in congestion appear in the middle of the table.
In the ranked list, alongside the ranks of currency pairs is a second column that provides signals as to whether a particular currency pair is approaching an overbought or an oversold state. These are then signaled in two ways. First a signal the currency pair is approaching such a state, and second when it has arrived in this condition. These are coded as follows:
- (OB) – This signal appears as a dark shade of blue which means that the currency pair is APPROACHING an OVERBOUGHT state.
- OB – This signal appears as a bright shade of blue which means that the currency pair is IN an OVERBOUGHT state.
- (OS) – This signal appears as a dark shade of red which means that he currency pair is APPROACHING an OVERSOLD state.
- OS – This signal appears as a bright shade of red which means that the currency pair is IN an OVERSOLD state.
Once any of these signals appears beside a currency pair, it indicates the potential change in direction of the trend, which can then be considered further by analysis of the chart. For example, if the EURGBP is seen at the very top of the list and beside it is an OB signal, it means that although the uptrend is seemingly strong, the bullish strength driving it may be reaching an exhaustion point, starting to diminish with a possible change in direction in due course.
Currency Array
Secondly, it displays the same 28 major currency pairs as lines in a graph that diffuse out into the array and with varying magnitudes depending on the strength and inclination of each currency pair’s trend. This means the order in which they appear vertically follows the same ranking in the table alongside, but as a graphical display, instantly, visually and numerically revealing the actual steepness of each currency pair’s trend. As you would expect the currency pair with the fastest and steepest uptrend also has the steepest UPWARD line in the graph. Likewise, the fastest and steepest downtrend also has the steepest DOWNWARD line in the graph. Currency pairs with the least steepness in their trend (and in congestion) are found closest to the 0 level of the graph and appear horizontal.
You can also see each line in the array has one of 2 different line styles. Its style depends on the state of its corresponding currency pair as defined above.
- Dashed – This means the currency pair is trending, but not close to an overbought or oversold condition.
- Solid – This means the currency pair is at an overbought or oversold condition.
One of the most powerful features of the array when watching trends develop in real time is not only considering one pair, but how pairs move together ‘en masse.’ This can give you huge confidence when taking a position in the market, as you will see all the currency pairs for that complex “marching together” stretching higher or stretching lower and reflecting market sentiment for that currency and its associated pairs. This is immensely powerful, and will give you the confidence, not only to take a position, but then to hold it to maximize your profits from the trend.
Currency filter
The Currency Array indicator allows you to filter the currency pairs relevant to the currency you are analysing. Just like the Quantum Currency Matrix indicator, an input is provided in the indicator settings window which you can click to select a currency.
- USD selects all currency pairs that contain the US Dollar.
- EUR selects all currency pairs that contain the Euro.
- GBP selects all currency pairs that contain the British Pound.
- CHF selects all currency pairs that contain the Swiss Franc.
- JPY selects all currency pairs that contain the Japanese Yen.
- CAD selects all currency pairs that contain the Canadian Dollar.
- AUD selects all currency pairs that contain the Australian Dollar.
- NZD selects all currency pairs that contain the New Zealand Dollar.
Click the Filter option box and select a currency in the list to apply a filter. If you like to undo a filter, simply select NONE. When a certain currency filter is in effect, the currency pairs that include the selected currency in the table appear in color. Meanwhile, all currency pairs that include the selected currency in the array are the only ones displayed.
Divergence
And this leads on to the third aspect of the Currency Array indicator which is this – it will give you an instant heads-up to divergence across a currency complex, and the easiest example here is with the Japanese yen which is the counter currency for the major and cross pairs. On the array we should expect to see all the currency pairs on one side of the mid point or the other. After all, if the flow of sentiment for the Yen is universal, then we would expect to see all the currency pairs aligned accordingly, whether selling or buying the Japanese Yen. If not, then we have some divergence, and the flow of sentiment is not universal. If you are trading a pair which is perhaps counter to broad sentiment, then this is a high risk proposition. The Currency Array will tell you this instantly and visually and across all the timeframes with a single click and on ONE chart. No need to try to scan 28 charts. It is all here for you.
Dynamic graded color coding
One of the coolest features we have introduced across all our indicators is the dynamic graded color coding, found in both the ranked list and the graph which makes analysis intuitive and fast. You can probably see instantly just from the images how easy it is, but here is a walkthrough.
The currency pairs appear as a color in the range of a green-yellow-red gradient (in that order). Simply put, the color of each currency pair varies depending on its value, in this case the steepness of the trend:
- Green shades – the steepness of the currency pair’s trend is positive and is well above the fulcrum of zero.
- Yellow shades – the steepness of the currency pair’s trend is relatively flat and around the fulcrum of 0. It can either be positive or negative but trails the numbers closest to 0.
- Red shades – the steepness of the currency pair’s trend is negative and is well below the fulcrum of zero.
The same color gradation applies on the array itself. It is important to note the yellow levels are not precisely in the middle of the list (rank 14 of 28). The gradation of color is dynamic and hence the transition of colors will depend entirely on the steepness of the trend of each currency pair as explained above. As with all our other indicators, this is dynamic and is constantly shifting in real time to reflect the ebb and flow of sentiment across the timeframes.
Getting Started
Here are some further details on the Currency Array indicator to help you get started:
- Your Quantum Currency Array indicator can be applied to any chart for any currency pair. The chart does not influence or affect the appearance or performance of the indicator. For example you can apply the indicator to a EURUSD, a GBPUSD, or a USDCHF, or any other pair. The indicator will display in an identical way on each chart.
- The indicator occupies its own indicator window in the chart. We recommend expanding the indicator vertically to get a complete view.
- The indicator works in all timeframes.
- When you first apply the indicator, please allow a few seconds for the data to build in history.
Currency Dashboard
By itself, the Quantum Currency Array indicator is a powerful trading tool for identifying trading opportunities, quickly, easily, and on ONE chart. However, it was developed as part of what we like to call the Quantum Currency Dashboard which consists of the following indicators:
- Quantum Currency Strength Indicator (CSI)
- Quantum Currency Matrix
- Quantum Currency Array
- Quantum Currency Heatmap
These four indicators then provide a unique and compact insight into all the various aspects of strength and weakness for both currencies and currency pairs, from trend and momentum to overbought and oversold. What is unique is that using four charts, you are then able to monitor the myriad combinations of strength, weakness, momentum, congestion and divergence across the entire forex complex at a click of a button. And even more powerfully, giving you the confidence to get in and stay in for maximum profits. No more missed opportunities, no more struggling with multiple charts, and no more trader regret, whatever your trading style or approach.
EMA Percentile Rank [SS]Hello!
Excited to release my EMA percentile Rank indicator!
What this indicator does
Plots an EMA and colors it by short-term trend.
When price crosses the EMA (up or down) and remains on that side for three subsequent bars, the cross is “confirmed.”
At the moment of the most recent cross, it anchors a reference price to the crossover point to ensure static price targets.
It measures the historical distance between price and the EMA over a lookback window, separately for bars above and below the EMA.
It computes percentile distances (25%, 50%, 85%, 95%, 99%) and draws target bands above/below the anchor.
Essentially what this indicator does, is it converts the raw “distance from EMA” behavior into probabilistic bands and historical hit rates you can use for targets, stop placement, or mean-reversion/continuation decisions.
Indicator Inputs
EMA length: Default is 21 but you can use any EMA you prefer.
Lookback: Default window is 500, this is length that the percentiles are calculated. You can increase or decrease it according to your preference and performance.
Show Accumulation Table: This allows you to see the table that shows the hits/price accumulation of each of the percentile ranges. UCL means upper confidence and LCL means lower confidence (so upper and lower targets).
About Percentiles
A percentile is a way of expressing the position of a value within a dataset relative to all the other values.
It tells you what percentage of the data points fall at or below that value.
For example:
The 25th percentile means 25% of the values are less than or equal to it.
The 50th percentile (also called the median) means half the values are below it and half are above.
The 99th percentile means only 1% of the values are higher.
Percentiles are useful because they turn raw measurements into context — showing how “extreme” or “typical” a value is compared to historical behavior.
In the EMA Percentile Rank indicator, this concept is applied to the distance between price and the EMA. By calculating percentile distances, the script can mark levels that have historically been reached often (low percentiles) or rarely (high percentiles), helping traders gauge whether current price action is stretched or within normal bounds.
Use Cases
The EMA Percentile Rank indicator is best suited for traders who want to quantify how far price has historically moved away from its EMA and use that context to guide decision-making.
One strong use case is target setting after trend shifts: when a confirmed crossover occurs, the percentile bands (25%, 50%, 85%, 95%, 99%) provide statistically grounded levels for scaling out profits or placing stops, based on how often price has historically reached those distances. This makes it valuable for traders who prefer data-driven risk/reward planning instead of arbitrary point targets. Another use case is identifying stretched conditions — if price rapidly tags the 95% or 99% band after a cross, that’s an unusually large move relative to history, which could signal exhaustion and prompt mean-reversion trades or protective actions.
Conversely, if the accumulation table shows price frequently resides in upper bands after bullish crosses, traders may anticipate continuation and hold positions longer . The indicator is also effective as a trend filter when combined with its EMA color-coding : only taking trades in the trend’s direction and using the bands as dynamic profit zones.
Additionally, it can support multi-timeframe confluence (if you align your chart to the timeframes of interest), where higher-timeframe trend direction aligns with lower-timeframe percentile behavior for higher-probability setups. Swing traders can use it to frame pullbacks — entering near lower percentile bands during an uptrend — while intraday traders might use it to fade extremes or ride breakouts past the median band. Because the anchor price resets only on EMA crosses, the indicator preserves a consistent reference for ongoing trades, which is especially helpful for managing swing positions through noise .
Overall, its strength lies in transforming raw EMA distance data into actionable, probability-weighted levels that adapt to the instrument’s own volatility and tendencies .
Summary
This indicator transforms a simple EMA into a distribution-aware framework: it learns how far price tends to travel relative to the EMA on either side, and turns those excursions into percentile bands and historical hit rates anchored to the most recent cross. That makes it a flexible tool for targets, stops, and regime filtering, and a transparent way to reason about “how stretched is stretched?”—with context from your chosen market and timeframe.
I hope you all enjoy!
And as always, safe trades!
Previous Day OHLC Dashboard (Last N Days)Indicator: Previous Day OHLC Dashboard (Multi-Day)
This indicator displays a dashboard-style table on your chart that shows the Open, High, Low, and Close (OHLC) of the previous trading days. It’s designed to help traders quickly reference key daily levels that often act as important support and resistance zones.
🔑 Features:
Dashboard Table: Shows OHLC data for the last N trading days (default = 3, up to 10).
Customizable Appearance:
Change the position of the dashboard (Top-Right, Top-Left, Bottom-Right, Bottom-Left).
Adjust text size (Tiny → Huge).
Customize colors for header, labels, and each OHLC column.
Yesterday’s OHLC Lines (optional): Plots horizontal lines on the chart for the previous day’s Open, High, Low, and Close.
Intraday & Multi-Timeframe Compatible: Works on all timeframes below Daily — values update automatically from the daily chart.
📊 Use Cases:
Quickly identify yesterday’s key levels for intraday trading.
Track how current price reacts to previous day’s support/resistance.
Keep a multi-day reference for trend bias and range context.
⚙️ How it Works:
The indicator pulls daily OHLC values using request.security() with lookahead_on to ensure prior day’s values are extended across the next session.
These values are displayed in a compact table for quick reference.
Optionally, the most recent daily levels (D-1) are plotted as chart lines.
✅ Perfect for day traders, scalpers, and swing traders who rely on yesterday’s price action to plan today’s trades.
