Ultimate Lines Statistical Backtest @MaxMaseratiUltimate lines (MAs/MACD/VWAP,DWA etc..) Statistical Backtest
This is a comprehensive statistical backtesting tool that allows traders to objectively measure the performance of 27+ different trading lines across multiple timeframes and sessions. Instead of guessing which moving averages, VWAPs, or volume levels actually work for your trading style, this indicator provides hard data showing exactly how price behaves around each line at specific times of day.
The indicator solves a critical problem: most lines create whipsaws in choppy markets, but knowing which lines have the highest continuation rates vs reversal rates at specific session times helps you avoid false signals and focus on setups with proven statistical edges.
🎯 LINES YOU CAN TEST
MMM Core Lines:
Mid MA: Trend velocity tracker using simple moving average
MMPD Line: Premium/Discount change-of-direction indicator
Fair Value Golden Ratio: 0.618 equilibrium level between premium and discount zones
Volume-Based Lines:
VWAP Daily/Weekly: Volume-weighted average price (daily and weekly sessions)
Volume POC Multi-TF: Multi-timeframe Point of Control (highest volume price level)
Volume POC Weekly: Weekly momentum pivot based on volume distribution
Range Midpoints:
Range Midpoint 50: 50-period high/low midpoint
Range Midpoint 14 TF1/TF2: Configurable timeframe range midpoints with smoothing options
Moving Averages (10 MA Types):
MACD Fast (12) / Signal (26): Standard MACD moving averages
Fast MA 20 / Mid MA 50 / Slow MA 200: Classic trend-following averages
Available MA Types: SMA, EMA, WMA, HMA, DEMA, TEMA, LSMA, KAMA, ALMA, VWMA
Volatility Indicators:
MVM Upper/Lower Bands: Momentum-based volatility bands with adaptive option
HVC Bullish/Bearish: High Volume Candle support/resistance levels
Ultimate Suite Advanced Lines:
DWAP (Delta Weighted Average Price): Directional volume-weighted price with upper/lower bands
HVN (High Volume Node): High-frequency trading node detection
Hybrid Line: Volume-weighted momentum composite
Trend Filter: Two-pole smoothing filter for trend clarity
STL Lines:
iBuSTL / iBeSTL: Internal Bullish/Bearish Structural Trend Liquidity levels
⚙️ HOW TO TEST
Select Lines: Check the boxes for lines you want to analyze (Mid MA, VWAP Daily, Volume POC, etc.)
Choose Times: Enable tracking for specific session times (default: 8:30 AM, 9:30 AM, 10:00 AM, Daily Close - EST)
Set Lookback: Choose how many days of historical data to analyze (default: 60 days)
Enable Pattern Analysis: Turn on "Enable Pattern Analysis" in settings
Wait for Data: The indicator needs 20 bars after each signal time to complete analysis
Review Statistics: Check the statistics table for detailed breakdowns
📈 STATISTICS EXPLAINED
For Each Tracked Time, You'll See:
🟢 Above Selected Lines (X samples):
Continued↑: Price stayed above the lines = bullish continuation
Reversed↓: Price broke below the lines = reversal/rejection
→Kept Going↓: After reversing down, price continued lower (bars 11-20)
→Stalled: After reversing down, price came back up (consolidation)
Neutral: Price didn't make a clear move either way
🔴 Below Selected Lines (X samples):
Continued↓: Price stayed below the lines = bearish continuation
Reversed↑: Price broke above the lines = reversal/support bounce
→Kept Going↑: After reversing up, price continued higher (bars 11-20)
→Stalled: After reversing up, price came back down (consolidation)
Neutral: No clear directional move
⭐ Star Ratings: Show which outcome happens most frequently (best probability)
🔬 HYBRID DETECTION SYSTEM (ADVANCED)
When enabled, the indicator uses a multi-signal composite scoring system that goes beyond simple percentage movements:
Signal A - % Movement Direction (40% weight):
Measures the strength and direction of price movement. Strong directional moves (>0.8%) score higher, while opposite-direction moves score negatively.
Signal B - Inside Candles (30% weight):
Detects true consolidation by counting how many candles close within a defined range. High inside-candle counts indicate choppy, stalled price action rather than clean continuation.
Signal C - Successive Closes (30% weight):
Tracks momentum persistence by counting consecutive closes in the expected direction. Long streaks (6+ bars) indicate strong follow-through, while breaks in the sequence suggest weakness.
Composite Score Classification:
⭐⭐⭐ Strong (75-100 points): All three signals align - high-confidence pattern
⭐⭐ Moderate (50-75 points): Two signals agree - reliable pattern
⭐ Weak (25-50 points): Mixed signals - lower confidence
⚠️ Strong Stalled (0-25 points): Signals show consolidation/reversal
This provides nuanced pattern detection that identifies not just IF a pattern succeeded, but HOW STRONGLY it performed.
💡 INTERPRETING RESULTS
Good Lines Show:
High continuation % when price is above/below (>60% is strong)
Clean "Kept Going" patterns after reversals (>50% indicates reliable rejection)
Low stalled % (less whipsaw/consolidation)
Consistent patterns across multiple times (validates the line's reliability)
Poor Lines Show:
50/50 continuation vs reversal (coin flip = no edge)
High stalled % (lots of whipsaw/false signals)
Inconsistent patterns across different times (unreliable)
Example Interpretation:
9:30 AM - VWAP Daily (120 samples)
🟢 Above:
Continued↑ 75 (62.5%) ⭐ BEST
Reversed↓ 30 (25.0%)
Meaning: When price is above VWAP Daily at 9:30 AM, it continues higher 62.5% of the time - this is a statistically strong bullish signal for that session time.
🎯 PRACTICAL VALUE
Solves the Whipsaw Problem:
Most moving averages and lines work beautifully in trending markets but create endless false signals in choppy, range-bound conditions. By analyzing specific session times and continuation vs reversal patterns, you can:
Identify high-probability setups: Focus on lines that show >60% continuation at your preferred trading times
Avoid weak signals: Skip lines with high stall rates or 50/50 outcomes
Time your entries better: Know which session times produce the cleanest patterns
Combine complementary lines: Stack multiple high-scoring lines for confluence
Adapt to market conditions: Switch to different lines when market structure changes
Real-World Application:
Instead of blindly trading VWAP crosses or MA bounces, you'll have objective data showing: "At 9:30 AM on ES, when price is above Mid MA + VWAP Daily + Volume POC, it continues higher 68% of the time with strong momentum (⭐⭐⭐)." This transforms discretionary guesswork into data-driven decision making.
⚙️ LINE DEFINITIONS
Moving Averages: Smooth price data over X periods to identify trend direction and dynamic support/resistance.
VWAP: Anchored average price weighted by volume - institutional traders' benchmark for "fair value."
Volume POC (Point of Control): Price level with the most traded volume - represents maximum market acceptance.
Fair Value Golden Ratio: Fibonacci 0.618 level between recent premium (high) and discount (low) - equilibrium zone.
DWAP (Delta Weighted): Price average weighted by buying vs selling volume delta - shows directional money flow.
Range Midpoints: Geometric center of recent high/low range - mean reversion pivot.
Volatility Bands: Envelope around momentum lines showing normal price deviation ranges.
HVN (High Volume Node): Automated detection of high-volume price clusters - institutional accumulation/distribution zones.
Note: This indicator is purely for statistical analysis and backtesting. It does not generate trade signals or provide entry/exit recommendations. Use the statistics to inform your own trading decisions and strategy development.
在腳本中搜尋"high low"
Stochastic RSI (adjustable fast line color)Definition
The Stochastic RSI indicator (Stoch RSI) is essentially an indicator of an indicator. It is used in technical analysis to provide a stochastic calculation to the RSI indicator. This means that it is a measure of RSI relative to its own high/low range over a user defined period of time. The Stochastic RSI is an oscillator that calculates a value between 0 and 1 which is then plotted as a line. This indicator is primarily used for identifying overbought and oversold conditions.
History
The Stochastic RSI (Stoch RSI) indicator was developed by Tushard Chande and Stanley Kroll. They introduced their indicator in their 1994 book The New Technical Trader.
Calculation
In this example, a very common 14 Period Stoch RSI is used.
Stoch RSI = (RSI - Lowest Low RSI) / (Highest High RSI - Lowest Low RSI)
Here are some approximate benchmark levels:
14 Day Stoch RSI = 1 when RSI is at its highest level in 14 Days.
14 Day Stoch RSI = .8 when RSI is near the high of its 14 Day high/low range.
14 Day Stoch RSI = .5 when RSI is in the middle of its 14 Day high/low range.
14 Day Stoch RSI = .2 when RSI is near the low of its 14 Day high/low range.
14 Day Stoch RSI = 0 when RSI is at its lowest level in 14 Days.
The basics
It is important to remember that the Stoch RSI is an indicator of an indicator making it two steps away from price. RSI is one step away from price and therefore a stochastic calculation of the RSI is two steps away. This is important because as with any indicator that is multiple steps away from price, Stoch RSI can have brief disconnects from actual price movement. That being said, as a range bound indicator, the Stoch RSI's primary function is identifying crossovers as well as overbought and oversold conditions.
What to look for
Overbought/Oversold
Overbought and Oversold conditions are traditionally different than the RSI. While RSI overbought and oversold conditions are traditionally set at 70 for overbought and 30 for oversold, Stoch RSI are typically .80 and .20 respectively. When using the Stoch RSI, overbought and oversold work best when trading along with the underlying trend.
During an uptrend, look for oversold conditions for points of entry.
During a downtrend, look for overbought conditions for points of entry.
Summary
When using Stoch RSI in technical analysis, a trader should be careful. By adding the Stochastic calculation to RSI, speed is greatly increased. This can generate many more signals and therefore more bad signals as well as the good ones. Stoch RSI needs to be combined with additional tools or indicators in order to be at its most effective. Using trend lines or basic chart pattern analysis can help to identify major, underlying trends and increase the Stoch RSI's accuracy. Using Stoch RSI to make trades that go against the underlying trend is a dangerous proposition.
Inputs
K
The time period to be used in calculating the %K. 3 is the default.
D
% D = Percent of Deviation between price and the average of previous prices (Momentum). The time period to be used in calculating the %D. 3 is the default.
RSI Length
The time period to be used in calculating the RSI
Stochastic Length
The time period to be used in calculating the Stochastic
RSI Source
Determines what data from each bar will be used in calculations. Close is the default.
Order Blocks & ImbalanceThis indicator automatically identifies and plots Order Blocks (also known as Fair Value Gaps or Imbalances) based on Smart Money Concepts (SMC) and ICT methodology. It detects significant price inefficiencies (gaps between candles) that often act as institutional supply or demand zones.
How It Works (Technical Methodology)
1. Fair Value Gap (FVG) Detection
The indicator identifies classic 3-candle imbalances:
- Bullish Order Block (Demand): When the low of the current candle is significantly below the high of the candle two bars ago (low - high ).
- Bearish Order Block (Supply): When the high of the current candle is significantly above the low of the candle two bars ago (low - high ).
A minimum size threshold is enforced using ATR(14) × user-defined multiplier (default 0.5) to filter out minor gaps and focus on meaningful inefficiencies.
2. Zone Creation
- Bullish zones are created at the candle two bars ago (the "origin" candle where inefficiency occurred).
- Bearish zones use the same origin candle.
- Zone boundaries:
Top = high of origin candle
Bottom = low of origin candle
This captures the full range where price moved aggressively, leaving an imbalance that institutions may later revisit.
3. Mitigation Detection
Zones can be mitigated in two ways (user-selectable):
- "Close": Zone is considered touched only if the close price enters the zone.
- "Wick": Zone is touched if any wick (high/low) enters the zone (more sensitive).
When mitigated:
- Background becomes more transparent
- Border turns dotted
- Label changes to "Mitigated"
Broken zones (price fully closes beyond the opposite side) are automatically deleted.
4. Zone Lifecycle Management
- Active Zone: Strong color fill (green for demand, red for supply) with solid border.
- Mitigated Zone: Faded color, dotted border – indicates partial fill or reduced strength.
- Broken Zone: Automatically removed from chart to reduce clutter.
Old zones are also pruned when exceeding 450 total to maintain performance.
5. Smart Visibility Engine (Optional)
When enabled:
- All zones are initially hidden.
- Only the closest relevant zones are shown:
- Up to user-defined limit (default 10) highest bullish zones (closest below price)
- Up to user-defined limit (default 10) lowest bearish zones (closest above price)
- Visible zones are automatically extended to the right and styled appropriately.
This keeps the chart clean while highlighting the most actionable zones near current price.
6. Visual Elements
- Demand Zones: Green fill, labeled "OB Demand"
- Supply Zones: Red fill, labeled "OB Supply"
- Tiny text size to minimize chart clutter
- Zones drawn as boxes using bar_index positioning
How to Use
Order Blocks represent areas of price inefficiency where smart money likely entered/exited positions aggressively.
- Demand Zones (Green): Potential long entry areas when price returns. Expect buying pressure to defend these levels. Best setups when price retests an active (non-mitigated) zone.
- Supply Zones (Red): Potential short entry areas when price returns. Expect selling pressure to emerge.
- Mitigated Zones: Lower probability – may act as weaker support/resistance.
- Smart Visibility: Highly recommended for cleaner charts. Focuses attention on zones most likely to be tested soon.
- Combine with:
- Break of Structure (BOS)/Change of Character (CHOCH)
- Liquidity grabs
- Higher timeframe confluence
- Volume or momentum confirmation
Use higher FVG threshold (e.g., 0.8–1.0) for fewer, higher-quality zones. Lower threshold for more aggressive detection.
Disclaimer
This indicator is a technical analysis tool and should be used in conjunction with other forms of analysis. Past performance does not guarantee future results. Always use proper risk management.
Market Efficiency Ratio [Interakktive]The Market Efficiency Ratio decomposes price movement into two components: net progress vs wasted movement. This tool exposes the underlying math that most traders never see, helping you understand when price is moving efficiently versus chopping sideways.
Unlike simple trend indicators, this shows you WHY price movement matters — not just whether it's up or down, but how much of that movement was useful directional progress versus noisy oscillation.
█ WHAT IT DOES
• Calculates Efficiency Ratio (0–1 or 0–100) measuring directional progress
• Exposes Net Displacement (how far price actually moved)
• Exposes Path Length (total distance price traveled)
• Calculates Chop Cost (wasted movement)
• Visual zones for high/mid/low efficiency states
█ WHAT IT DOES NOT DO
• NO signals, NO entries/exits, NO buy/sell
• NO performance claims
• NO predictions — purely diagnostic
• This is a tool for understanding price behavior
█ HOW IT WORKS
The efficiency ratio answers one question: "Of all the movement price made, how much was useful progress?"
🔹 THE MATH
Over a lookback period of N bars:
Net Displacement = |Close - Close |
Path Length = Σ |Close - Close | for all bars
Efficiency Ratio = Net Displacement / Path Length
🔹 INTERPRETATION
• Efficiency = 1.0 (100%): Price moved in a straight line — every tick was progress
• Efficiency = 0.5 (50%): Half the movement was wasted in back-and-forth chop
• Efficiency = 0.0 (0%): Price ended exactly where it started — all movement was noise
🔹 CHOP COST
This is the "wasted movement" — how much price traveled without making progress:
Chop Cost = Path Length - Net Displacement
Chop % = Chop Cost / Path Length
High chop cost means lots of effort for little result — a warning sign for trend traders.
█ VISUAL GUIDE
Three efficiency zones:
• GREEN (≥70): High efficiency — strong directional movement
• YELLOW (30-70): Mixed efficiency — some progress, some chop
• RED (<30): Low efficiency — mostly noise, little progress
█ INPUTS
Lookback Length (default: 14)
Number of bars to calculate efficiency over. Higher values produce smoother readings but respond slower to changes.
Smoothing Length (default: 5)
EMA smoothing applied to the output. Reduces noise in the efficiency reading.
Apply Smoothing (default: true)
Toggle EMA smoothing on/off.
Scale Mode (default: 0–100)
Display as percentage (0-100) or decimal ratio (0-1).
Show Reference Bands (default: true)
Display the high/low efficiency threshold lines.
Low/High Efficiency Level (default: 30/70)
Thresholds for classifying efficiency zones.
Overlay Effect (default: None)
• None: No overlay
• Background Tint: Subtle chart background color in high/low zones
• Bar Highlight: Color bars during low efficiency periods
Show Data Window Values (default: true)
Export all raw values (Net Displacement, Path Length, Efficiency, Chop Cost, Chop %) to the data window for analysis.
█ USE CASES
This indicator helps traders understand:
• Why some trends are "clean" and others are "messy"
• When price is consolidating vs trending (without using volume)
• The relationship between movement and progress
• Why high-chop environments are difficult to trade
This is the foundational concept behind more advanced regime detection systems.
█ SUITABLE MARKETS
Works on: Stocks, Futures, Forex, Crypto
Timeframes: All timeframes
Note: This is a price-only indicator — no volume required
█ DISCLAIMER
This indicator is for informational and educational purposes only. It does not constitute financial advice. It does not generate trading signals. Past performance does not guarantee future results. Always conduct your own analysis.
able FRVP Reversal# able FRVP Reversal - Complete User Guide
## 📌 Overview
**able FRVP Reversal** is a professional-grade Volume Profile indicator with an integrated reversal detection system. It combines Fixed Range Volume Profile (FRVP) analysis with a confluence-based reversal scoring system to identify high-probability turning points at key volume levels.
---
## ✨ Key Features
| Feature | Description |
|---------|-------------|
| **Session-Based Volume Profile** | Automatically resets at the beginning of each regular trading session |
| **POC (Point of Control)** | Highest volume price level - strongest support/resistance |
| **VAH (Value Area High)** | Upper boundary of the 70% value area - resistance zone |
| **VAL (Value Area Low)** | Lower boundary of the 70% value area - support zone |
| **Confluence Scoring System** | 5-point scoring system for reversal detection |
| **Smart Cooldown** | Prevents signal spam with customizable cooldown period |
| **Real-time Info Table** | Displays all key metrics in a retro-style dashboard |
---
## 🔧 Installation
1. Open TradingView and go to **Pine Editor**
2. Delete any existing code and paste the indicator code
3. Click **"Add to Chart"**
4. Configure settings as needed
---
## ⚙️ Settings Explained
### 📊 Volume Profile Settings
| Setting | Default | Description |
|---------|---------|-------------|
| **Number of Rows** | 50 | Resolution of the volume profile (more rows = finer detail) |
| **Value Area %** | 70 | Percentage of volume to include in Value Area (industry standard: 70%) |
| **Profile Width** | 40 | Visual width of the histogram on chart |
| **Show Histogram** | ✓ | Display volume histogram bars |
| **Show POC/VAH/VAL** | ✓ | Display the three key levels |
| **Show Labels** | ✓ | Display price labels for each level |
| **Extend Lines** | ✓ | Extend levels to the right of current price |
| **Extend Length** | 100 | How far to extend the lines (in bars) |
### 🔄 Reversal Detection Settings
| Setting | Default | Description |
|---------|---------|-------------|
| **Enable Reversal Detection** | ✓ | Turn reversal signals on/off |
| **Min Confluence Score** | 3 | Minimum score required to trigger signal (1-5) |
| **Cooldown Bars** | 10 | Minimum bars between signals to prevent spam |
#### Understanding Min Confluence Score:
- **Score 1-2**: Very sensitive, many signals (not recommended)
- **Score 3**: Balanced - good for most traders ⭐ Recommended
- **Score 4**: Conservative - fewer but higher quality signals
- **Score 5**: Very strict - only strongest reversals
### 🎨 Color Settings
All colors are fully customizable:
- **POC Line**: Default Gold (#FFD700)
- **VAH Line**: Default Coral Red (#FF6B6B)
- **VAL Line**: Default Teal (#4ECDC4)
- **Bullish Reversal**: Default Green (#00E676)
- **Bearish Reversal**: Default Red (#FF5252)
---
## 📖 How to Read the Indicator
### Volume Profile Histogram
```
█████████████ ← High volume = Strong S/R
████████ ← Medium volume
████ ← Low volume = Weak S/R
██
```
- **Darker/Longer bars** = More trading activity at that price
- **Inside Value Area** = Colored based on session direction (Bull/Bear)
- **Outside Value Area** = Muted gray color
### Key Levels
| Level | Color | Meaning |
|-------|-------|---------|
| **POC** | Yellow | Price with highest volume - Strongest magnet |
| **VAH** | Red | Upper resistance - Look for bearish reversals |
| **VAL** | Teal | Lower support - Look for bullish reversals |
---
## 🔄 Reversal Detection System
### How the Scoring System Works
The indicator uses a **5-point confluence scoring system**. Each condition adds 1 point:
#### 🟢 Bullish Reversal Score (at VAL)
| Condition | Points | Description |
|-----------|--------|-------------|
| Price at VAL Zone | +1 | Price is within VAL ± 0.2 ATR |
| Bullish Candle | +1 | Close > Open (green candle) |
| RSI Oversold | +1 | RSI < 35 |
| Rejection Wick | +1 | Lower wick > 1.5× body size |
| Failed Breakdown | +1 | Touched below VAL but closed above |
#### 🔴 Bearish Reversal Score (at VAH)
| Condition | Points | Description |
|-----------|--------|-------------|
| Price at VAH Zone | +1 | Price is within VAH ± 0.2 ATR |
| Bearish Candle | +1 | Close < Open (red candle) |
| RSI Overbought | +1 | RSI > 65 |
| Rejection Wick | +1 | Upper wick > 1.5× body size |
| Failed Breakout | +1 | Touched above VAH but closed below |
### Signal Quality Ratings
| Score | Rating | Meaning |
|-------|--------|---------|
| 5/5 | ★★★ | Excellent - Highest probability |
| 4/5 | ★★ | Good - High probability |
| 3/5 | ★ | Acceptable - Moderate probability |
| <3 | - | No signal triggered |
---
## 📋 Info Table Explained
```
╔═ able-REV ═╗ 15 ████████ SCR
─────────────────────────────────────
ZONE UPPER VA ▒▒▓▓████ ▲
POC 4272.680 ██████·· ▲
VAH 4322.745 ████···· ·
VAL 4264.977 ██████·· ·
═ SCORE ═════════════════════════════
BULL 0/5 ········ ·
BEAR 1/5 ░······· ·
RSI 49 ▒▒▓▓···· ·
◄SIGNAL► WAIT ········ ·
```
| Row | Description |
|-----|-------------|
| **ZONE** | Current price position relative to Value Area |
| **POC/VAH/VAL** | Price levels with distance indicators |
| **BULL Score** | Current bullish confluence score |
| **BEAR Score** | Current bearish confluence score |
| **RSI** | RSI value with OB/OS status |
| **SIGNAL** | Current signal status (BUY/SELL/WAIT) |
### Zone Types
| Zone | Meaning | Bias |
|------|---------|------|
| ABOVE VAH | Price broke above resistance | Bullish (but watch for rejection) |
| ⚠ AT VAH | Price testing resistance | Watch for bearish reversal |
| UPPER VA | Price in upper value area | Slight bullish bias |
| LOWER VA | Price in lower value area | Slight bearish bias |
| ⚠ AT VAL | Price testing support | Watch for bullish reversal |
| BELOW VAL | Price broke below support | Bearish (but watch for rejection) |
---
## 📈 Trading Strategies
### Strategy 1: VAH Rejection (Bearish Reversal)
**Setup:**
1. Price approaches or touches VAH (red dashed line)
2. BEAR score reaches 3+ (or your minimum setting)
3. REV signal appears above the candle
**Entry:**
- Enter SHORT on signal candle close
- Or wait for confirmation candle
**Stop Loss:**
- Above the signal candle high
- Or above VAH + 0.5 ATR
**Take Profit:**
- First target: POC (yellow line)
- Second target: VAL (teal line)
---
### Strategy 2: VAL Bounce (Bullish Reversal)
**Setup:**
1. Price approaches or touches VAL (teal dashed line)
2. BULL score reaches 3+ (or your minimum setting)
3. REV signal appears below the candle
**Entry:**
- Enter LONG on signal candle close
- Or wait for confirmation candle
**Stop Loss:**
- Below the signal candle low
- Or below VAL - 0.5 ATR
**Take Profit:**
- First target: POC (yellow line)
- Second target: VAH (red line)
---
### Strategy 3: POC Bounce
**Setup:**
1. Price pulls back to POC after trending
2. POC acts as support/resistance
3. Watch for reversal candle patterns
**Entry:**
- Long if bullish candle at POC from below
- Short if bearish candle at POC from above
**Stop Loss:**
- Other side of POC ± buffer
---
## ⚠️ Important Notes
### When Signals Work Best
✅ **High Probability Setups:**
- Score 4-5 with clear rejection wick
- RSI confirms (oversold for long, overbought for short)
- First test of VAH/VAL in the session
- Clear trend before reversal
❌ **Low Probability Setups:**
- Score barely meeting minimum (3/5)
- Multiple tests of same level (level weakening)
- Low volume/choppy market
- News events pending
### Risk Management Rules
1. **Never risk more than 1-2% per trade**
2. **Always use stop loss** - place beyond the level
3. **Wait for candle close** - don't enter on wick touches
4. **Respect the cooldown** - avoid overtrading
5. **Consider the trend** - counter-trend reversals are riskier
---
## 🔔 Alerts
The indicator includes built-in alerts:
| Alert | Trigger |
|-------|---------|
| VAL Bullish Reversal | BULL score meets minimum at VAL |
| VAH Bearish Reversal | BEAR score meets minimum at VAH |
### Setting Up Alerts:
1. Right-click on the chart
2. Select "Add Alert"
3. Choose "able FRVP Reversal" as condition
4. Select desired alert type
5. Configure notification method
---
## 💡 Pro Tips
1. **Combine with trend analysis** - Reversals in trend direction are more reliable
2. **Watch for confluence with other S/R** - If VAH/VAL aligns with round numbers, previous highs/lows, or fib levels, the level is stronger
3. **Volume confirmation** - Higher volume on reversal candle = stronger signal
4. **Time of day matters** - Reversals during active trading hours are more reliable
5. **Adjust sensitivity by market** - Volatile assets may need higher Min Confluence Score
6. **Use multiple timeframes** - Check if reversal level aligns with higher timeframe levels
---
## 🔧 Recommended Settings by Trading Style
| Style | Min Confluence | Cooldown | Best For |
|-------|----------------|----------|----------|
| Scalping | 3 | 5-7 | Quick trades, more signals |
| Day Trading | 3-4 | 10-15 | Balanced approach |
| Swing Trading | 4-5 | 20+ | Fewer, higher quality signals |
---
## ❓ Troubleshooting
| Issue | Solution |
|-------|----------|
| No signals appearing | Lower Min Confluence Score or check if market is ranging |
| Too many signals | Increase Min Confluence Score or Cooldown Bars |
| Levels not showing | Enable Show POC/VAH/VAL in settings |
| Histogram too wide/narrow | Adjust Profile Width setting |
---
## 📞 Support
For questions, suggestions, or bug reports, please contact the developer.
---
**Version:** 1.0
**Last Updated:** 2024
**Platform:** TradingView (Pine Script v6)
RSI Pivot Breaks█ OVERVIEW
RSI Pivot Breaks is an RSI-based indicator that detects breakout events on oscillator-based pivot levels (RSI or MA RSI).
The tool automatically plots pivot levels, tracks their breakouts, highlights momentum shifts, and generates alerts for key events (pivot breaks and OB/OS crosses).
The indicator is designed primarily for momentum strategies — pivot breakouts often precede directional price moves, making RSI Pivot Breaks a powerful tool for identifying accelerations and changes in strength.
█ CONCEPTS
The indicator analyzes local RSI extremes and transforms them into dynamic support/resistance levels.
When RSI or MA RSI breaks the last pivot, it signals a shift in momentum balance, often leading to an impulse move.
Key concepts:
- pivot highs/lows detected on RSI or MA RSI,
- pivot lines extend forward until broken,
- pivot filters restrict pivot detection to specific RSI zones,
- OB/OS levels provide contextual momentum thresholds.
█ FEATURES
Pivot Detection & Breakouts
- Detection of pivot highs and lows on RSI or MA RSI.
- Pivot filters allow you to limit pivot detection to specific RSI ranges (e.g., only bullish pivots below 50 or bearish pivots above 50).
- Pivot lines update automatically after breakout.
Background highlights:
- green on pivot-high breakouts,
- red on pivot-low breakouts.
RSI & MA RSI
- Dynamic RSI colors based on momentum direction.
- Optional MA RSI line (SMA/EMA/RMA/WMA) usable as a smoother pivot source.
OB / OS Zones
- Fully adjustable overbought/oversold levels.
- Dedicated OB/OS colors.
- Optional gradient backgrounds.
Highlights
- Instant identification of moments when RSI breaks a key pivot level.
Alerts:
- pivot high breakouts.
- pivot low breakouts.
- OB crosses.
- OS crosses.
█ HOW TO USE
Add the indicator:
Indicators → RSI Pivot Breaks.
RSI Settings
- RSI Length – core RSI period.
- RSI MA Length & Type – MA RSI smoothing parameters.
Pivot Settings
- Pivot Left / Pivot Right – number of bars required to form a pivot and also the number of bars of delay before the pivot becomes confirmed.
(Higher values produce more reliable but slower pivots.)
Pivot Filters
- Minimum/maximum allowed RSI levels for pivot Highs and Lows.
- Examples:
- detect only pivot Highs at low RSI values.
- ignore pivots during extreme momentum.
- allow only mid-range pivot detection depending on strategy.
Visualization
- Toggles for RSI and MA RSI visibility.
- Optional gradients.
- Full color and transparency customization.
OB/OS Levels
- Adjustable thresholds depending on instrument volatility and strategy style.
█ SIGNAL INTERPRETATION
BUY
- RSI breaks the latest pivot high.
- RSI crosses upward out of OS.
- Context example: pivot lows forming a rising sequence.
SELL
- RSI breaks the latest pivot low.
- RSI drops downward from OB.
- Context example: pivot highs forming a declining sequence.
Trend / Momentum
- Pivot breakouts indicate acceleration or continuation of momentum.
- MA-based pivots provide smoother and more stable momentum structure.
█ APPLICATIONS
- Momentum Trading – pivot breaks as early acceleration signals.
- Scalping & Intraday – fast RSI pivots react quickly to short-term shifts.
- Swing Trading – smoother pivots using MA RSI for higher-timeframe structure.
- Divergence Detection – pivot behavior helps reveal divergence patterns, e.g.:
- RSI pivots rising while price is falling → potential early momentum reversal.
- Custom Filtering – pivot filters allow, for example:
- blocking bullish signals near OB.
- blocking bearish signals near OS.
- detecting pivots only above/below mid-range during strong trends,
depending entirely on strategy design.
█ NOTES
- Pivot detection includes natural delay equal to the Left/Right parameters.
- Pivot filters significantly change the character of signals, allowing fine-tuning of aggressiveness for any strategy.
Open Interest Z-Score [BackQuant]Open Interest Z-Score
A standardized pressure gauge for futures positioning that turns multi venue open interest into a Z score, so you can see how extreme current positioning is relative to its own history and where leverage is stretched, decompressing, or quietly re loading.
What this is
This indicator builds a single synthetic open interest series by aggregating futures OI across major derivatives venues, then standardises that aggregated OI into a rolling Z score. Instead of looking at raw OI or a simple change, you get a normalized signal that says "how many standard deviations away from normal is positioning right now", with optional smoothing, reference bands, and divergence detection against price.
You can render the Z score in several plotting modes:
Line for a clean, classic oscillator.
Colored line that encodes both sign and momentum of OI Z.
Oscillator histogram that makes impulses and compressions obvious.
The script also includes:
Aggregated open interest across Binance, Bybit, OKX, Bitget, Kraken, HTX, and Deribit, using multiple contract suffixes where applicable.
Choice of OI units, either coin based or converted to USD notional.
Standard deviation reference lines and adaptive extreme bands.
A flexible smoothing layer with multiple moving average types.
Automatic detection of regular and hidden divergences between price and OI Z.
Alerts for zero line and ±2 sigma crosses.
Aggregated open interest source
At the core is the same multi venue OI aggregation engine as in the OI RSI tool, adapted from NoveltyTrade's work and extended for this use case. The indicator:
Anchors on the current chart symbol and its base currency.
Loops over a set of exchanges, gated by user toggles:
Binance.
Bybit.
OKX.
Bitget.
Kraken.
HTX.
Deribit.
For each exchange, loops over several contract suffixes such as USDT.P, USD.P, USDC.P, USD.PM to cover the common perp and margin styles.
Requests OI candles for each exchange plus suffix pair into a small custom OI type that carries open, high, low and close of open interest.
Converts each OI stream into a common unit via the sw method:
In COIN mode, OI is normalized relative to the coin.
In USD mode, OI is scaled by price to approximate notional.
Exchange specific scaling factors are applied where needed to match contract multipliers.
Accumulates all valid OI candles into a single combined OI "candle" by summing open, high, low and close across venues.
The result is oiClose , a synthetic close for aggregated OI that represents cross venue positioning. If there is no valid OI data for the symbol after this process, the script throws a clear runtime error so you know the market is unsupported rather than quietly plotting nonsense.
How the Z score is computed
Once the aggregated OI close is available, the indicator computes a rolling Z score over a configurable lookback:
Define subject as the aggregated OI close.
Compute a rolling mean of this subject with EMA over Z Score Lookback Period .
Compute a rolling standard deviation over the same length.
Subtract the mean from the current OI and divide by the standard deviation.
This gives a raw Z score:
oi_z_raw = (subject − mean) ÷ stdDev .
Instead of plotting this raw value directly, the script passes it through a smoothing layer:
You pick a Smoothing Type and Smoothing Period .
Choices include SMA, HMA, EMA, WMA, DEMA, RMA, linear regression, ALMA, TEMA, and T3.
The helper ma function applies the chosen smoother to the raw Z score.
The result is oi_z , a smoothed Z score of aggregated open interest. A separate EMA with EMA Period is then applied on oi_z to create a signal line ma that can be used for crossovers and trend reads.
Plotting modes
The Plotting Type input controls how this Z score is rendered:
1) Line
In line mode:
The smoothed OI Z score is plotted as a single line using Base Line Color .
The EMA overlay is optionally plotted if Show EMA is enabled.
This is the cleanest view when you want to treat OI Z like a standard oscillator, watching for zero line crosses, swings, and divergences.
2) Colored Line
Colored line mode adds conditional color logic to the Z score:
If the Z score is above zero and rising, it is bright green, representing positive and strengthening positioning pressure.
If the Z score is above zero and falling, it shifts to a cooler cyan, representing positive but weakening pressure.
If the Z score is below zero and falling, it is bright red, representing negative and strengthening pressure (growing net de risking or shorting).
If the Z score is below zero and rising, it is dark red, representing negative but recovering pressure.
This mapping makes it easy to see not only whether OI is above or below its historical mean, but also whether that deviation is intensifying or fading.
3) Oscillator
Oscillator mode turns the Z score into a histogram:
The smoothed Z score is plotted as vertical columns around zero.
Column colors use the same conditional palette as colored line mode, based on sign and change direction.
The histogram base is zero, so bars extend up into positive Z and down into negative Z.
Oscillator mode is useful when you care about impulses in positioning, for example sharp jumps into positive Z that coincide with fast builds in leverage, or deep spikes into negative Z that show aggressive flushes.
4) None
If you only want reference lines, extreme bands, divergences, or alerts without the base oscillator, you can set plotting to None and keep the rest of the tooling active.
The EMA overlay respects plotting mode and only appears when a visible Z score line or histogram is present.
Reference lines and standard deviation levels
The Select Reference Lines input offers two styles:
Standard Deviation Levels
Plots small markers at zero.
Draws thin horizontal lines at +1, +2, −1 and −2 Z.
Acts like a classic Z score ladder, zero as mean, ±1 as normal band, ±2 as outer band.
This mode is ideal if you want a textbook statistical framing, using ±1 and ±2 sigma as standard levels for "normal" versus "extended" positioning.
Extreme Bands
Extreme bands build on the same ±1 and ±2 lines, then add:
Upper outer band between +3 and +4 Z.
Lower outer band between −3 and −4 Z.
Dynamic fill colors inside these bands:
If the Z score is positive, the upper band fill turns red with an alpha that scales with the magnitude of |Z|, capped at a chosen max strength. Stronger deviations towards +4 produce more opaque red fills.
If the Z score is negative, the lower band fill turns green with the same adaptive alpha logic, highlighting deep negative deviations.
Opposite side bands remain a faint neutral white when not in use, so they still provide structural context without shouting.
This creates a visual "danger zone" for position crowding. When the Z score enters these outer bands, open interest is many standard deviations away from its mean and you are dealing with rare but highly loaded positioning states.
Z score as a positioning pressure gauge
Because this is a Z score of aggregated open interest, it measures how unusual current positioning is relative to its own recent history, not just whether OI is rising or falling:
Z near zero means total OI is roughly in line with normal conditions for your lookback window.
Positive Z means OI is above its recent mean. The further above zero, the more "crowded" or extended positioning is.
Negative Z means OI is below its recent mean. Deep negatives often mark post flush environments where leverage has been cleared and the market is under positioned.
The smoothing options help control how much noise you want in the signal:
Short Z score lookback and short smoothing will react quickly, suited for short term traders watching intraday positioning shocks.
Longer Z score lookback with smoother MA types (EMA, RMA, T3) give a slower, more structural view of where the crowd sits over days to weeks.
Divergences between price and OI Z
The indicator includes automatic divergence detection on the Z score versus price, using pivot highs and lows:
You configure Pivot Lookback Left and Pivot Lookback Right to control swing sensitivity.
Pivots are detected on the OI Z series.
For each eligible pivot, the script compares OI Z and price at the last two pivots.
It looks for four patterns:
Regular Bullish – price makes a lower low, OI Z makes a higher low. This can indicate selling exhaustion in positioning even as price washes out. These are marked with a line and a label "ℝ" below the oscillator, in the bullish color.
Hidden Bullish – price makes a higher low, OI Z makes a lower low. This suggests continuation potential where price holds up while positioning resets. Marked with "ℍ" in the bullish color.
Regular Bearish – price makes a higher high, OI Z makes a lower high. This is a classic warning sign of trend exhaustion, where price pushes higher while OI Z fails to confirm. Marked with "ℝ" in the bearish color.
Hidden Bearish – price makes a lower high, OI Z makes a higher high. This is often seen in pullbacks within downtrends, where price retraces but positioning stretches again in the direction of the prevailing move. Marked with "ℍ" in the bearish color.
Each divergence type can be toggled globally via Show Detected Divergences . Internally, the script restricts how far back it will connect pivots, so you do not get stray signals linking very old structures to current bars.
Trading applications
Crowding and squeeze risk
Z scores are a natural way to talk about crowding:
High positive Z in aggregated OI means the market is running high leverage compared to its own norm. If price is also extended, the risk of a squeeze or sharp unwind rises.
Deep negative Z means leverage has been cleaned out. While it can be painful to sit through, this environment often sets up cleaner new trends, since there is less one sided positioning to unwind.
The extreme bands at ±3 to ±4 highlight the rare states where crowding is most intense. You can treat these events as regime markers rather than day to day noise.
Trend confirmation and fade selection
Combine Z score with price and trend:
Bull trends with positive and rising Z are supported by fresh leverage, usually more persistent.
Bull trends with flat or falling Z while price keeps grinding up can be more fragile. Divergences and extreme bands can help identify which edges you do not want to fade and which you might.
In downtrends, deep negative Z that stays pinned can mean persistent de risking. Once the Z score starts to mean revert back toward zero, it can mark the early stages of stabilization.
Event and liquidation context
Around major events, you often see:
Rapid spikes in Z as traders rush to position.
Reversal and overshoot as liquidations and forced de risking clear the book.
A move from positive extremes through zero into negative extremes as the market transitions from crowded to under exposed.
The Z score makes that path obvious, especially in oscillator mode, where you see a block of high positive bars before the crash, then a slab of deep negative bars after the flush.
Settings overview
Z Score group
Plotting Type – None, Line, Colored Line, Oscillator.
Z Score Lookback Period – window used for mean and standard deviation on aggregated OI.
Smoothing Type – SMA, HMA, EMA, WMA, DEMA, RMA, linear regression, ALMA, TEMA or T3.
Smoothing Period – length for the selected moving average on the raw Z score.
Moving Average group
Show EMA – toggle EMA overlay on Z score.
EMA Period – EMA length for the signal line.
EMA Color – color of the EMA line.
Thresholds and Reference Lines group
Select Reference Lines – None, Standard Deviation Levels, Extreme Bands.
Standard deviation lines at 0, ±1, ±2 appear in both modes.
Extreme bands add filled zones at ±3 to ±4 with adaptive opacity tied to |Z|.
Extra Plotting and UI
Base Line Color – default color for the simple line mode.
Line Width – thickness of the oscillator line.
Positive Color – positive or bullish condition color.
Negative Color – negative or bearish condition color.
Divergences group
Show Detected Divergences – master toggle for divergence plotting.
Pivot Lookback Left and Pivot Lookback Right – how many bars left and right to define a pivot, controlling divergence sensitivity.
Open Interest Source group
OI Units – COIN or USD.
Exchange toggles for Binance, Bybit, OKX, Bitget, Kraken, HTX, Deribit.
Internally, all enabled exchanges and contract suffixes are aggregated into one synthetic OI series.
Alerts included
The indicator defines alert conditions for several key events:
OI Z Score Positive – Z crosses above zero, aggregated OI moves from below mean to above mean.
OI Z Score Negative – Z crosses below zero, aggregated OI moves from above mean to below mean.
OI Z Score Enters +2σ – Z enters the +2 band and above, marking extended positive positioning.
OI Z Score Enters −2σ – Z enters the −2 band and below, marking extended negative positioning.
Tie these into your strategy to be notified when leverage moves from normal to extended states.
Notes
This indicator does not rely on price based oscillators. It is a statistical lens on cross venue open interest, which makes it a complementary tool rather than a replacement for your existing price or volume signals. Use it to:
Quantify how unusual current futures positioning is compared to recent history.
Identify crowded leverage phases that can fuel squeezes.
Spot structural divergences between price and positioning.
Frame risk and opportunity around events and regime shifts.
It is not a complete trading system. Combine it with your own entries, exits and risk rules to get the most out of what the Z score is telling you about positioning pressure under the hood of the market.
Box TheoryBox Theory – Description
This indicator is based on the popular “Box Theory” concept, where the previous session’s High–Low range acts as the most important structure for the next session.
Traders use this because the market often reacts to the same areas where liquidity, orders, and imbalances were created in the prior session.
At every new session open, the indicator automatically records:
Previous High
Previous Low
Middle (50% level)
These three levels form a box, which becomes your roadmap for the new session.
This method is widely used because it highlights where most reversals, sweeps, and reactions occur—without needing any extra indicators.
How the Zones Are Calculated
Previous High
The highest price of the last session.
This forms the top edge, which acts as resistance and the basis for the Sell Zone.
Previous Low
The lowest price of the last session.
This forms the bottom edge, acting as support and the basis for the Buy Zone.
Middle Line (50% Level)
The exact midpoint between High and Low.
This is the fair-value zone, where price often consolidates and becomes directionless.
No signals are triggered near the middle, because trades taken here historically have low accuracy.
Buy Zone (Green Area)
The lower part of the box.
Price often reacts here because this area held buyers in the previous session.
When price enters this green zone inside the box, the indicator can show a Buy Zone label.
Sell Zone (Red Area)
The upper part of the box.
Price commonly rejects here because this area acted as resistance previously.
When price enters this red zone inside the box, the indicator can show a Sell Zone label.
How Zone Size Is Set (Sensitivity %)
You can adjust how big the Buy/Sell zones are using the Sensitivity (%) input.
Lower % → Smaller zones → More precise signals
Higher % → Larger zones → Signals appear earlier and from farther away
Formula:
Zone Size = (Previous High − Previous Low) × (Sensitivity % ÷ 100)
This lets you customize how tight or how early your signals appear.
Inside-Box Only Logic
The indicator only works inside the previous session’s range.
If price breaks above the previous High → No sell signal
If price breaks below the previous Low → No buy signal
This avoids false signals during breakouts or trending markets.
Alerts
The indicator includes two alerts:
Buy Zone Alert → Triggers when price enters the Buy Zone
Sell Zone Alert → Triggers when price enters the Sell Zone
Just enable them in TradingView’s alert panel.
52 Week High LowPurpose
This indicator plots the rolling **52-week high and low price levels** to highlight long-term breakout zones, major support/resistance bands, and trend structure used by position and swing traders.
## How It Works
The script dynamically calculates:
- The highest high over the last ~260 trading sessions (52-week high)
- The lowest low over the last ~260 trading sessions (52-week low)
- Visual bands that update in real time as price evolves
## Best Timeframe
Optimized for **daily charts** to reflect true yearly price ranges.
Can be adapted to other timeframes using the bar-count inputs.
## Trading Applications
✅ Breakout confirmation tool
✅ Long-term trend validation
✅ Relative strength filter alignment
✅ RRG and momentum cross-checks
✅ Swing trade zone identification
## How To Use
1. Apply to daily charts.
2. Track price interaction with the 52-week bands.
3. Look for:
- Breakouts above the high band for trend continuation
- Pullbacks toward the high band for retest entries
- Rejections at the low band as breakdown confirmation
⚠️ This indicator maps key price structure — it does **not predict directional outcomes**.
Always combine with volume or momentum confirmation.
---
## Mathematical Basis
Rolling extreme calculations based on:
- **Highest high over N bars**
- **Lowest low over N bars**
N defaults to **52 weeks × 5 sessions = 260 bars** for daily charts.
---
Developed for professional retail traders seeking institutional-grade structural tools.
Session, Weekly, Daily LevelsScroll down for hungarian description!
Magyar leíráshoz görgess lejjebb!
Overview
This script provides a unified market structure mapping tool that automatically identifies and visualizes key intraday, daily, and weekly reference levels. It helps traders contextualize price action throughout the trading week by marking true session opens, previous day highs/lows, weekly highs/lows, and weekday opens, all with accurate historical anchoring and correct timezone handling.
What This Script Does
1. Intraday Session Opens (Tokyo, London, New York)
- Detects the exact candle where each session opens.
- Draws horizontal rays with labels.
- Automatically clears lines at the start of each new day.
- Uses a custom local-to-exchange timezone conversion system.
2. Weekly Levels
- Last week high and low (precise bar anchoring, not HTF aggregation)
- Current week open (also Monday open)
- Auto-reset on new week
- Levels are always drawn from the true candle where they formed.
3. Previous Day High & Low
- Continuously tracks intraday highs and lows.
- On a new day, stores yesterday’s values and anchors rays to the exact bars.
- Levels remain visible for the full current day and reset the next day.
4. Weekday Opens (Tue–Fri)
- Captures the exact opening price of Tuesday–Friday.
- Monday open = Week open, so it is not shown separately.
- Auto-reset on new week.
Timezone Logic (Original Feature)
The script converts:
local session times → exchange timezone → chart timestamps
It works correctly regardless of chart timezone or instrument exchange location.
Line Drawing Logic
- Finds the exact bar_index where each level forms.
- Draws rays extending to the right.
- Labels are placed ahead of price.
- Safe updating prevents “bar index too far” errors.
How to Use
- Identify daily/weekly structure.
- Track bias relative to session opens.
- Observe reactions around weekday opens.
- Compare price action to last week's range.
Originality
- Custom timezone conversion engine.
- True historical bar anchoring.
- Fully automated weekly/daily structural resets.
- Independent styling for each level type.
- Not a mashup; all components follow one unified logic.
Limitations
- Does not predict trend or direction.
- Structural tool only.
Summary
A precise and reliable market structure tool that unifies weekly, daily, and intraday reference levels with full timezone automation and true-candle anchoring.
MAGYAR LEÍRÁS
--------------
Áttekintés
Ez az indikátor egy összetett piaci szerkezet-feltérképező eszköz, amely automatikusan megjeleníti a legfontosabb intraday, napi és heti referenciaértékeket. A célja, hogy a kereskedő tisztán lássa a piac aktuális környezetét: hol nyíltak a főbb devizapiaci szekciók, hogyan alakult a tegnapi tartomány, hol volt a múlt heti csúcs/mélypont, és hogyan nyitottak az egyes hétköznapok.
Mit tud a script?
1. Szekciónyitások (Tokyo, London, New York)
- Megkeresi a pontos gyertyát, amely a szekciónyitáskori árat tartalmazza.
- Vízszintes vonalat és címkét rajzol.
- Minden nap elején automatikusan törli a korábbi nap szintjeit.
- Egyedi időzóna-konverziós rendszerrel működik (helyi idő → tőzsdei idő → chart idő).
2. Heti szintek
- Múlt heti maximum és minimum (pontos gyertyapontra horgonyozva)
- Aktuális heti nyitóár (egyben a hétfői nyitó is)
- Új hét kezdetekor automatikusan frissül.
- A múlt heti high/low nem fix időpontra, hanem a valódi gyertyára kerül.
3. Előző napi High és Low
- Folyamatosan követi a napi maximumot és minimumot.
- Napváltáskor elmenti és pontos gyertyáról indítja a ray-t.
- A szintek a teljes nap folyamán megmaradnak, majd a következő nap törlődnek.
4. Hétköznapok nyitóárai (Kedd–Péntek)
- A kedd, szerda, csütörtök és péntek nyitóárát rögzíti és megjeleníti.
- A hétfői nyitó a Week Open, ezért külön nem jelenik meg.
- Heti váltáskor automatikusan törlődnek.
Időzóna-kezelés (egyedi megoldás)
A script a felhasználó helyi idejét átszámítja az instrumentum tőzsdei időzónájára, majd a chartra vetíti.
Ez biztosítja, hogy minden szekciónyitás helyesen jelenik meg, bármely chart vagy instrumentum esetén.
Vonalrajzolási logika
- A szintek a valódi bar_index alapján kerülnek rögzítésre.
- Jobbra nyúló ray-eket rajzol.
- A címkék mindig a jobb oldalon, előre helyezve jelennek meg.
- Biztonságos frissítési rendszer akadályozza meg a hibákat (pl. “bar index too far”).
Használat
- Napi/heti szerkezet meghatározása.
- Bias követése a session openekhez viszonyítva.
- Reakciók figyelése a hétköznapok nyitóárai körül.
- Összevetés a múlt heti tartománnyal.
Eredetiség
- Egyedi időzóna-kezelő motor.
- Igazi gyertyapont-alapú horgonyzás.
- Automatikus napi/heti reset.
- Minden szint külön stílusban konfigurálható.
- Nem mashup; egységes rendszer.
Összegzés
Professzionális, pontos eszköz a piaci szerkezet feltérképezésére, amely egyesíti a heti, napi és intraday szinteket, teljes időzóna-automatizálással és gyertyapontra horgonyzott kijelölésekkel.
Kaufman Adaptive Moving Average + ART**Kaufman Adaptive Moving Average (fixed TF) + ATR Volatility Bands**
This script is a Pine Script v5 extension of the original *Kaufman Adaptive Moving Average* by Alex Orekhov (everget).
It adds:
* a **fixed timeframe option** for KAMA
* a separate **ATR panel under the chart**
* **configurable ATR volatility levels** with dynamic coloring.
KAMA adapts its smoothing to market conditions: it speeds up in strong trends and slows down in choppy phases. Here, KAMA can be calculated on any timeframe (e.g. 1D) and overlaid on a lower-timeframe chart (e.g. 1H), so you can track higher-TF trend structure while trading intraday.
The ATR panel visualizes volatility in the same or a separate timeframe and highlights phases of high/low volatility based on user-defined thresholds.
---
### Features
**KAMA (on chart)**
* Standard KAMA parameters: `Length`, `Fast EMA Length`, `Slow EMA Length`, `Source`
* Input: **KAMA Timeframe**
* empty → uses chart timeframe
* any value (e.g. `60`, `240`, `D`, `W`) → calculates KAMA on that fixed TF and maps it to the chart
* Color-changing KAMA line:
* **green** when the selected-TF KAMA is rising
* **red** when it is falling
* Optional *Await Bar Confirmation* to avoid reacting to still-forming bars
* Built-in alert when the KAMA color changes (potential trend shift).
**ATR panel (separate window under the chart)**
* Own inputs: `Show ATR`, `ATR Length`
* **ATR Timeframe** input:
* empty → ATR uses the same TF as KAMA
* custom value → fully independent ATR timeframe
* Two user-defined volatility levels:
* `ATR High Vol Level` – threshold for **high volatility**
* `ATR Low Vol Level` – threshold for **low volatility**
* ATR line coloring:
* **red** when ATR > High Vol Level (high volatility regime)
* **green** when ATR < Low Vol Level (quiet market)
* **blue** in the normal range between the two levels.
---
### How to use
1. Add the script to your chart.
2. Choose a **KAMA Timeframe** (leave empty for chart TF, or set to a higher TF for multi-timeframe trend following).
3. Optionally set a different **ATR Timeframe** to monitor volatility on yet another TF.
4. Adjust `ATR High Vol Level` and `ATR Low Vol Level` to match the instrument and timeframe you trade.
5. Use:
* the **KAMA color changes** as trend / regime signals, and
* the **ATR colors & levels** to quickly see whether you’re trading in a low-, normal- or high-volatility environment.
This combination is designed to keep the chart itself clean (only KAMA on price) while giving you a dedicated volatility dashboard directly underneath.
Float Rotation TrackerFloat Rotation Tracker - Quick Reference Guide
What is Float Rotation?
Float Rotation = Cumulative Daily Volume ÷ Float
Example:
Float = 5,000,000 shares
Day Volume = 7,500,000 shares
Rotation = 7.5M ÷ 5M = 1.5x (150%)
When rotation hits 1x (100%), every available share has theoretically changed hands at least once during the trading day.
Why It Matters
RotationMeaningImplication0.5x50% of float tradedInterest building1.0x 🔥Full rotationExtreme interest confirmed2.0x 🔥🔥Double rotationVery high volatility3.0x 🔥🔥🔥Triple rotationRare - maximum volatility
Key insight: High rotation on a low-float stock = explosive potential
Float Classification
Float SizeClassificationRotation Impact≤ 2M🔥 MICROExtremely volatile, fast rotation≤ 5M🔥 VERY LOWExcellent momentum potential≤ 10MLOWGood for rotation plays> 10MNORMALNeeds massive volume to rotate
Rule of thumb: Focus on stocks with float under 10M for meaningful rotation signals.
Reading the Indicator
Rotation Line (Yellow)
Shows current rotation level
Rises throughout the day as volume accumulates
Crosses horizontal level lines at milestones
Level Lines
LineColorMeaning0.5Gray dotted50% rotation1.0Orange solidFull rotation2.0Red solidDouble rotation3.0Fuchsia solidTriple rotation
Volume Bars (Bottom)
ColorMeaningGrayBelow average volumeBlueNormal volume (1-2x avg)GreenHigh volume (2-5x avg)LimeExtreme volume (5x+ avg)
Milestone Markers
Circles appear when rotation crosses key levels
Labels show "50%", "1x", "2x", "3x🔥"
Background Color
Changes as rotation increases
Darker = higher rotation level
Info Table Explained
FieldDescriptionFloatShare count + classification (MICRO/LOW/NORMAL)SourceAuto ✓ = TradingView data / Manual = user enteredRotationCurrent rotation with emoji indicatorRotation %Same as rotation × 100Day VolumeCumulative volume todayTo XxVolume needed to reach next milestoneBar RVolCurrent bar's relative volumeMilestonesWhich levels have been hit todayPer RotationShares equal to one full rotationEst. TimeBars until next milestone (at current pace)
Trading with Float Rotation
Entry Signals
Early Entry (Higher Risk, Higher Reward)
Rotation approaching 0.5x
Strong price action (bull flag, breakout)
Rising relative volume bars
Confirmation Entry (Lower Risk)
Rotation at or above 1x
Price holding above VWAP
Continuous green/lime volume bars
Late Entry (Highest Risk)
Rotation above 2x
Only enter on clear pullback pattern
Tight stop required
Exit Signals
Warning Signs:
Rotation very high (2x+) with declining volume bars
Reversal candle after milestone
Price breaking below key support
Volume bars turning gray/blue after being green/lime
Take Profits:
Partial profit at each rotation milestone
Trail stop as rotation increases
Full exit on reversal pattern after 2x+ rotation
Best Setups
Ideal Float Rotation Play
✓ Float under 10M (preferably under 5M)
✓ Stock up 5%+ on the day
✓ News catalyst driving interest
✓ Rotation approaching or exceeding 1x
✓ Price above VWAP
✓ Volume bars green or lime
✓ Clear chart pattern (bull flag, flat top)
Red Flags to Avoid
✗ Float over 50M (hard to rotate meaningfully)
✗ Rotation high but price declining
✗ Volume bars turning gray after spike
✗ No clear catalyst
✗ Price below VWAP with high rotation
✗ Late in day (3pm+) after 2x rotation
Float Data Sources
If auto-detect doesn't work, get float from:
SourceHow to FindFinvizfinviz.com → ticker → "Shs Float"Yahoo FinanceFinance.yahoo.com → Statistics → "Float"MarketWatchMarketwatch.com → ticker → ProfileYour BrokerUsually in stock details/fundamentals
Note: Float can change due to offerings, buybacks, lockup expirations. Check recent data.
Settings Guide
Conservative Settings
Alert Level 1: 0.75 (75%)
Alert Level 2: 1.0 (100%)
Alert Level 3: 2.0 (200%)
Alert Level 4: 3.0 (300%)
High Vol Multiplier: 2.0
Extreme Vol Multiplier: 5.0
Aggressive Settings
Alert Level 1: 0.3 (30%)
Alert Level 2: 0.5 (50%)
Alert Level 3: 1.0 (100%)
Alert Level 4: 2.0 (200%)
High Vol Multiplier: 1.5
Extreme Vol Multiplier: 3.0
Alert Setup
Recommended Alerts
100% Rotation (1x) - Primary signal
Most important milestone
Confirms extreme interest
High Rotation + Extreme Volume
Combined condition
Very high probability signal
How to Set
Right-click chart → Add Alert
Condition: Float Rotation Tracker
Select desired milestone
Set notification (popup/email/phone)
Set expiration
Common Questions
Q: Why is my float showing "Manual (no data)"?
A: TradingView doesn't have float data for this stock. Enter the float manually in settings after looking it up on Finviz or Yahoo Finance.
Q: The rotation seems too high/low - is the float wrong?
A: Possibly. Cross-check float on Finviz. Recent offerings or share structure changes may not be reflected in TradingView's data.
Q: What if float rotates early in the day?
A: Early 1x rotation (within first hour) is very bullish - indicates massive interest. Watch for continuation patterns.
Q: High rotation but price is dropping?
A: This is distribution - large holders are selling into demand. High rotation doesn't guarantee price direction, just volatility.
Q: Can I use this for swing trading?
A: The indicator resets daily, so it's designed for intraday use. You could note multi-day rotation patterns manually.
Quick Decision Matrix
RotationPrice ActionVolumeDecision<0.5xStrong upHighWatch, early stage0.5-1xConsolidatingSteadyPrepare entry1x+Breaking outIncreasingEntry on pattern1x+DroppingHighAvoid - distribution2x+Strong upExtremePartial profit, trail stop2x+Reversal candleDecliningExit or avoid
Workflow Integration
MORNING ROUTINE:
1. Scan for gappers (5%+, high volume)
2. Check float on each candidate
3. Apply Float Rotation Tracker
4. Prioritize lowest float with building rotation
DURING SESSION:
5. Watch rotation levels on active trades
6. Enter on patterns when rotation confirms (0.5-1x)
7. Scale out as rotation increases
8. Exit or trail after 2x rotation
END OF DAY:
9. Note which stocks hit 2x+ rotation
10. Review rotation vs price action
11. Learn patterns for future trades
Combining with Other Indicators
IndicatorHow to Use Together5 PillarsScreen for low-float stocks firstGap & GoCheck rotation on gappersBull FlagEnter bull flags with 1x+ rotationVWAPOnly trade rotation plays above VWAPRSIWatch for divergence at high rotation
Key Takeaways
Float size matters - Lower float = faster rotation = more volatility
1x is the key level - Full rotation confirms extreme interest
Volume quality matters - Green/lime bars better than gray
Combine with price action - Rotation confirms, patterns trigger
Know when you're late - 2x+ rotation is late stage
Check your float data - Wrong float = wrong rotation calculation
Happy Trading! 🔥
Gap & Go Day Trading Tool - Key Levels, Alerts & Setup GradingVisualizes Gap & Go setups with automatic gap detection, pre-market levels, and breakout signals. Shows: ✅ Gap % with quality rating (5%/10%/20%+) ✅ Pre-market high/low ✅ First candle range ✅ 50% gap fill target ✅ VWAP ✅ Relative volume. Includes setup grading system (A+ to C), entry signals on PM high breakouts, and 6 customizable alerts. Perfect for momentum day traders focusing on gapping stocks.
Full Description
█ OVERVIEW
The Gap & Go indicator automatically identifies and visualizes gap trading setups - one of the most popular momentum day trading strategies. When a stock gaps up significantly from the prior close, it often signals strong buying interest and potential for continuation moves.
This indicator displays all the key levels you need to trade gaps effectively, grades setup quality, and alerts you to breakout opportunities.
█ HOW IT WORKS
The indicator calculates the gap percentage between yesterday's close and today's open, then displays critical support/resistance levels that gap traders watch:
Gap Zone → The price range between prior close and gap open
Pre-Market High/Low → Key breakout and support levels from extended hours
First Candle Range → Opening range that often defines intraday direction
50% Gap Fill → Common retracement target and support level
VWAP → Institutional reference point
█ GAP CLASSIFICATION
Gaps are automatically classified by magnitude:
🔥 Qualifying Gap (5%+) → Meets minimum threshold for gap trading
🔥🔥 Strong Gap (10%+) → Ideal gap size for momentum plays
🔥🔥🔥 Monster Gap (20%+) → Exceptional move requiring extra attention
Background color changes based on gap quality for instant visual identification.
█ SETUP GRADING SYSTEM
The indicator grades each setup from A+ to C based on multiple factors:
- Gap magnitude (qualifying vs strong)
- Relative volume (2x+ vs 5x+ average)
- Price position relative to VWAP
A+ Setup (4-5 points) → High probability
A Setup (3 points) → Good setup
B Setup (2 points) → Moderate
C Setup (0-1 points) → Weak/avoid
█ ENTRY SIGNALS
Triangle signals appear when price breaks above key levels:
▲ Lime Triangle → Breaking above Pre-Market High
▲ Aqua Triangle → Breaking above First Candle High
Signals require volume confirmation by default (configurable).
█ KEY LEVELS DISPLAYED
- Prior Close (Orange) → Gap reference point
- Pre-Market High (Lime) → Primary breakout level
- Pre-Market Low (Red) → Support if gap fails
- First Candle Range (Aqua box) → Opening range breakout levels
- 50% Gap Fill (Yellow dotted) → Common support/target
- VWAP (Purple) → Institutional pivot
█ INFO TABLE
Real-time dashboard showing:
- Gap % with quality emoji
- Relative Volume with status
- All key price levels
- Breakout status (✓ if broken)
- Distance from PM High
- Setup Grade
█ ALERTS INCLUDED
6 customizable alerts:
1. Qualifying Gap Detected (5%+)
2. Strong Gap Detected (10%+)
3. Monster Gap Detected (20%+)
4. Pre-Market High Breakout
5. First Candle High Breakout
6. 50% Gap Fill Test
7. Full Gap Fill (setup invalidated)
█ SETTINGS
Gap Settings
- Minimum gap % threshold
- Strong gap % threshold
- Monster gap % threshold
Volume Settings
- Enable/disable relative volume filter
- Minimum RVol requirement
- Strong RVol threshold
- RVol calculation period
Level Settings
- Toggle each level type on/off
- Show/hide gap zone
- Show/hide VWAP
Signal Settings
- Breakout signal type (PM High, First Candle, Both)
- Volume confirmation requirement
Visual Settings
- Info table position
- Color customization for all levels
█ HOW TO USE
1. Scan for gapping stocks pre-market (use a scanner or watchlist)
2. Apply this indicator to candidates
3. Check the Setup Grade in the info table
4. Wait for price to consolidate near pre-market high
5. Enter on breakout above PM High with volume confirmation
6. Use 50% gap fill or PM Low as stop loss reference
7. Monitor VWAP - staying above is bullish
█ BEST PRACTICES
✓ Focus on A and A+ setups
✓ Require strong relative volume (5x+)
✓ Trade in the direction of the gap (long for gap ups)
✓ Watch for gap fill as potential support
✓ Be cautious if price falls below VWAP
✓ First 30-60 minutes typically have best momentum
█ TIMEFRAME RECOMMENDATIONS
- 1-minute: Scalping, precise entries
- 5-minute: Most common for gap trading (recommended)
- 15-minute: Swing entries, less noise
█ NOTES
- Pre-market levels require extended hours data enabled
- First candle range is based on the first regular market candle
- Works on stocks, ETFs, and futures
- Gaps down are detected but focus is on gap-up setups
█ DISCLAIMER
This indicator is for educational purposes only. Gap trading involves significant risk. Past performance does not guarantee future results. Always use proper risk management and never risk more than you can afford to lose.
Scout Regiment - D17# Scout Regiment - D17 Indicator
## English Documentation
### Overview
Scout Regiment - D17 is a comprehensive TradingView indicator that combines multiple technical analysis tools into one powerful overlay indicator. It provides traders with market structure analysis, divergence detection, volume profiling, smart money concepts, and session analysis.
### Key Features
#### 1. **EMA (Exponential Moving Averages)**
- **Purpose**: Trend identification and dynamic support/resistance levels
- **Configuration**: 13 customizable EMAs with adjustable periods
- **Default Active EMAs**: EMA 3 (21), EMA 5 (55), EMA 7 (144), EMA 8 (233)
- **Uses**: Identify trend direction, entry/exit points, and trend strength
- **Color Coding**: Different colors for easy visual distinction
#### 2. **TFMA (Timeframe Moving Averages)**
- **Purpose**: Multi-timeframe trend analysis
- **Features**:
- 3 EMAs on higher timeframes
- Dynamic labels showing trend direction
- Price difference percentage display
- Customizable timeframe settings
- **Default Settings**: 21-period timeframe with lengths 55, 144, and 233
- **Benefits**: Align trades with higher timeframe trends
#### 3. **DFMA (Daily Frame Moving Averages)**
- **Purpose**: Daily timeframe perspective on any chart
- **Features**: Similar to TFMA but specifically for daily analysis
- **Default Timeframe**: 1D (Daily)
- **Use Case**: Long-term trend confirmation and positioning
#### 4. **PMA (Price Moving Averages)**
- **Purpose**: Price channel analysis with filled areas
- **Configuration**: 7 customizable moving averages with fill zones
- **Default Lengths**: 12, 144, 169, 288, 338, 576, 676
- **Visual**: Color-filled zones between selected MAs for channel trading
#### 5. **VWAP (Volume Weighted Average Price)**
- **Purpose**: Institutional trading levels and fair value
- **Features**:
- Multiple anchor periods (Session, Week, Month, Quarter, Year, etc.)
- Standard deviation bands
- Corporate event anchoring (Earnings, Dividends, Splits)
- **Use Case**: Identify institutional support/resistance and mean reversion opportunities
#### 6. **Divergence Detector**
- **Purpose**: Identify potential trend reversals
- **Supported Indicators**: MACD, MACD Histogram, RSI, Stochastic, CCI, Williams %R, Bias, Momentum, OBV, SOBV, VWmacd, CMF, MFI, and external indicators
- **Divergence Types**:
- Regular Bullish/Bearish
- Hidden Bullish/Bearish
- **Features**:
- Automatic divergence line drawing
- Customizable detection parameters
- Color-coded alerts
#### 7. **Volume Profile & Node Detection**
- **Purpose**: Identify key price levels based on volume distribution
- **Features**:
- Volume Profile with POC (Point of Control)
- Value Area High (VAH) and Value Area Low (VAL)
- Peak and trough volume node detection
- Highest/lowest volume node highlighting
- **Lookback**: Configurable (default 377 bars)
- **Use Case**: Identify support/resistance zones and liquidity areas
#### 8. **Smart Money Concepts**
- **Purpose**: Track institutional trading patterns
- **Features**:
- Market Structure (BOS - Break of Structure, CHoCH - Change of Character)
- Internal and Swing structures
- Strong/Weak Highs and Lows
- Equal Highs/Lows detection
- Fair Value Gaps (FVG)
- **Modes**: Historical or Present (latest only)
- **Use Case**: Trade with institutional flow
#### 9. **Trading Sessions**
- **Purpose**: Analyze market behavior during different global sessions
- **Available Sessions**:
- Asian Session
- Sydney, Tokyo, Shanghai, Hong Kong
- European Session
- London, New York, NYSE
- **Features**:
- Session boxes with high/low visualization
- Real-time countdown timers
- Volume and price change tracking
- Information table with session statistics
- **Customization**: Choose which sessions to display, colors, and box styles
### How to Use
#### For Trend Following:
1. Enable EMAs 3, 5, 7, and 8
2. Use TFMA for higher timeframe confirmation
3. Look for price above/below key EMAs for trend direction
4. Use VWAP as additional confirmation
#### For Reversal Trading:
1. Enable Divergence Detector with MACD Histogram and Bias
2. Look for divergences at key support/resistance levels
3. Confirm with Smart Money CHoCH signals
4. Use Volume Profile nodes as entry/exit targets
#### For Intraday Trading:
1. Enable Trading Sessions
2. Focus on high-volume sessions (London, New York overlap)
3. Use session highs/lows as support/resistance
4. Trade Fair Value Gaps during active sessions
#### For Swing Trading:
1. Use DFMA for daily trend
2. Enable PMA for channel identification
3. Look for price reactions at volume profile value areas
4. Confirm with swing structure breaks
### Best Practices
1. **Don't Overcrowd**: Enable only the components you need for your strategy
2. **Multi-Timeframe Analysis**: Always check higher timeframe TFMA/DFMA
3. **Confluence**: Look for multiple signals confirming the same direction
4. **Volume Confirmation**: Use Volume Profile to validate price action
5. **Session Awareness**: Be aware of which session is active for volatility expectations
### Performance Optimization
- Disable unused features to improve chart loading speed
- Use "Present Mode" for Smart Money Concepts if historical data isn't needed
- Reduce Volume Profile lookback period on slower devices
### Alerts
The indicator includes alert conditions for:
- All divergence types (8 conditions)
- Smart Money structure breaks (8 conditions)
- Equal highs/lows detection
- Fair Value Gaps formation
---
## 中文说明文档
### 概述
Scout Regiment - D17 是一款综合性TradingView指标，将多个技术分析工具整合到一个强大的叠加指标中。它为交易者提供市场结构分析、背离检测、成交量分析、聪明钱概念和时区分析。
### 核心功能
#### 1. **EMA（指数移动平均线）**
- **用途**：趋势识别和动态支撑阻力位
- **配置**：13条可自定义周期的EMA
- **默认启用**：EMA 3（21）、EMA 5（55）、EMA 7（144）、EMA 8（233）
- **应用**：识别趋势方向、进出场点位和趋势强度
- **颜色编码**：不同颜色便于视觉区分
#### 2. **TFMA（时间框架移动平均线）**
- **用途**：多时间框架趋势分析
- **特点**：
- 3条更高时间框架的EMA
- 显示趋势方向的动态标签
- 价格差异百分比显示
- 可自定义时间框架设置
- **默认设置**：21周期时间框架，长度为55、144和233
- **优势**：使交易与更高时间框架趋势保持一致
#### 3. **DFMA（日线框架移动平均线）**
- **用途**：在任何图表上提供日线时间框架视角
- **特点**：与TFMA类似，但专门用于日线分析
- **默认时间框架**：1D（日线）
- **使用场景**：长期趋势确认和定位
#### 4. **PMA（价格移动平均线）**
- **用途**：价格通道分析与填充区域
- **配置**：7条可自定义的移动平均线，带填充区域
- **默认长度**：12、144、169、288、338、576、676
- **视觉效果**：选定MA之间的彩色填充区域，用于通道交易
#### 5. **VWAP（成交量加权平均价格）**
- **用途**：机构交易水平和公允价值
- **特点**：
- 多个锚定周期（交易日、周、月、季度、年等）
- 标准差波段
- 企业事件锚定（财报、分红、拆股）
- **使用场景**：识别机构支撑阻力和均值回归机会
#### 6. **背离检测器**
- **用途**：识别潜在趋势反转
- **支持指标**：MACD、MACD柱状图、RSI、随机指标、CCI、威廉指标、乖离率、动量、OBV、SOBV、VWmacd、CMF、MFI及外部指标
- **背离类型**：
- 常规看涨/看跌背离
- 隐藏看涨/看跌背离
- **特点**：
- 自动绘制背离连线
- 可自定义检测参数
- 颜色编码警报
#### 7. **成交量分布与节点检测**
- **用途**：基于成交量分布识别关键价格水平
- **特点**：
- 成交量分布图与POC（控制点）
- 价值区域高点（VAH）和低点（VAL）
- 峰值和低谷成交量节点检测
- 最高/最低成交量节点突出显示
- **回溯期**：可配置（默认377根K线）
- **使用场景**：识别支撑阻力区域和流动性区域
#### 8. **聪明钱概念**
- **用途**：追踪机构交易模式
- **特点**：
- 市场结构（BOS-突破结构、CHoCH-结构转变）
- 内部和摆动结构
- 强/弱高低点
- 等高/等低检测
- 公允价值缺口（FVG）
- **模式**：历史模式或当前模式（仅最新）
- **使用场景**：跟随机构资金流动交易
#### 9. **交易时区**
- **用途**：分析不同全球时段的市场行为
- **可用时段**：
- 亚洲时段
- 悉尼、东京、上海、香港
- 欧洲时段
- 伦敦、纽约、纽交所
- **特点**：
- 时段方框显示高低点
- 实时倒计时
- 成交量和价格变化追踪
- 时段统计信息表格
- **自定义**：选择显示哪些时段、颜色和方框样式
### 使用方法
#### 趋势跟随策略：
1. 启用EMA 3、5、7和8
2. 使用TFMA进行更高时间框架确认
3. 观察价格在关键EMA上方/下方确定趋势方向
4. 使用VWAP作为额外确认
#### 反转交易策略：
1. 启用背离检测器（MACD柱状图和乖离率）
2. 在关键支撑阻力位寻找背离
3. 用聪明钱CHoCH信号确认
4. 使用成交量分布节点作为进出场目标
#### 日内交易策略：
1. 启用交易时区
2. 关注高成交量时段（伦敦、纽约重叠时段）
3. 使用时段高低点作为支撑阻力
4. 在活跃时段交易公允价值缺口
#### 波段交易策略：
1. 使用DFMA确定日线趋势
2. 启用PMA识别通道
3. 观察价格在成交量分布价值区域的反应
4. 用摆动结构突破确认
### 最佳实践
1. **避免过度拥挤**：仅启用策略所需的组件
2. **多时间框架分析**：始终检查更高时间框架的TFMA/DFMA
3. **汇合点**：寻找多个信号确认同一方向
4. **成交量确认**：使用成交量分布验证价格行为
5. **时段意识**：了解当前活跃时段以预期波动性
### 性能优化
- 禁用未使用的功能以提高图表加载速度
- 如果不需要历史数据，对聪明钱概念使用"当前模式"
- 在较慢设备上减少成交量分布回溯期
### 警报
指标包含以下警报条件：
- 所有背离类型（8个条件）
- 聪明钱结构突破（8个条件）
- 等高/等低检测
- 公允价值缺口形成
---
## Technical Support
For questions or issues, please refer to the TradingView community or contact the indicator creator.
## 技术支持
如有问题，请参考TradingView社区或联系指标创建者。
Live Session Extremes: Asia / London / NY (5m)This script automatically tracks and plots the live high and low levels of the three major Forex trading sessions:
Asia Session (18:00–03:00) — Teal
London Session (03:00–08:00) — Blue
New York Session (08:00–12:00) — Red
Designed specifically for 5-minute charts, it updates in real time as each session forms new highs or lows.
You always see the most recent session’s levels, cleanly plotted and color-coded on your chart.
✔ Features
Live updating lines for each session’s high & low
Lines anchored to the exact candles that created the extreme
Auto-cleaning: old session levels are deleted when a new session begins
Clear labeling:
Asia High / Asia Low (Teal)
London High / London Low (Blue)
NY High / NY Low (Red)
Extend-right option for projecting session levels into future price action
Built for precision session-based strategies such as:
Liquidity grabs
Session sweeps
BOS/CHOCH analysis
ICT-style trading
High/low power levels
MTF Checklist DashboardMTF Checklist Dashboard
Overview
The MTF Checklist Dashboard is an advanced multi-timeframe analysis tool that provides traders with a comprehensive visual dashboard to analyze market conditions across six customizable timeframes simultaneously. This indicator combines multiple technical analysis methods, including Opening Range Breakouts (ORB), VWAP, EMAs, and daily price levels, to generate high-probability confluence-based trading signals.
Unlike traditional single-timeframe indicators, this dashboard displays all critical information in one organized table, allowing traders to instantly identify when multiple timeframes align for optimal entry and exit opportunities.
Key Features
Multi-Timeframe Analysis
Analyzes up to 6 timeframes simultaneously (default: 1m, 5m, 15m, 30m, 1h, 4h)
Fully customizable timeframe selection via comma-separated input
Color-coded cells for instant visual recognition (green=bullish, red=bearish, yellow=neutral)
Technical Indicators Tracked
Current and previous candle direction
Opening Range Breakout (ORB) positioning with custom period
VWAP relationship (above/below)
200 EMA positioning
Daily and previous day high/low proximity
EMA crossovers (9 vs 21, both vs 200)
Advanced Signal Filtering System
Confluence scoring: Requires multiple timeframes to align (3-6 timeframes)
Higher timeframe confirmation: Ensures 30m/1h/4h agreement
Volume filter: Confirms signals with above-average volume (1.5x default)
ATR volatility filter: Validates sufficient market movement
Session timing: Restricts signals to optimal trading hours (EST)
Momentum confirmation: Requires recent directional strength
Range positioning: Blocks signals near daily extremes
Candle strength: Validates strong directional candles (60%+ body ratio)
Visual Signals
Optional entry arrows (above/below bars)
Background color highlighting
Organized dashboard with real-time price levels
ORB range, current day, and previous day summary rows
Alert Conditions
JSON-formatted alerts for automated trading integration
Separate alerts for long entry, short entry, long exit, and short exit
Compatible with webhook automation systems
How To Use
Dashboard Interpretation
The dashboard displays a color-coded table with the following columns:
TF: Timeframe being analyzed
C: Current candle (Green=bullish, Red=bearish)
P: Previous candle (Green=bullish, Red=bearish)
ORB: Opening Range Breakout position (A=Above, B=Below, W=Within)
VWAP: Price vs VWAP (A=Above, B=Below)
E200: Price vs 200 EMA (A=Above, B=Below)
D Hi/Lo: Proximity to current day high/low (Hi/Lo/Mid)
PD Hi/Lo: Proximity to previous day high/low (Hi/Lo/Mid)
9 vs 21: EMA 9 vs EMA 21 relationship (A=9 above 21, B=9 below 21)
9&21 v200: Both EMAs vs 200 EMA (>>=both above, <<=both below, <>=mixed)
Signal Generation
Long Entry Signal triggers when:
Minimum number of timeframes show bullish alignment (default: 5 of 6)
Higher timeframes (30m/1h/4h) confirm direction (default: 2 of 3)
Price breaks above ORB high with sufficient distance
Volume exceeds average by specified multiplier
ATR shows adequate volatility
Trade occurs during optimal session hours
Recent momentum is upward
Price not too close to daily high
Strong bullish candle forms
Short Entry Signal uses opposite conditions
Exit Signals trigger when opposing timeframe confluence reaches threshold (default: 3 timeframes)
Recommended Workflow
Select your asset and primary trading timeframe
Observe the dashboard - Look for rows showing mostly green (bullish) or red (bearish)
Wait for alignment - The indicator will show arrows when confluence requirements are met
Check the bottom rows - Review ORB levels and daily ranges for context
Set alerts - Enable TradingView alerts using the built-in alert conditions
Manage risk - Use appropriate position sizing and stop losses based on ORB range or daily ATR
Settings Guide
Basic Settings
Timeframes: Enter comma-separated values (e.g., "1,5,15,30,60,240")
Show Header: Toggle column headers on/off
ORB Minutes: Set opening range period (default: 15 minutes)
Near % for daily highs/lows: Define proximity threshold (default: 0.20%)
Use close for comparisons: Compare using close vs current price
Dashboard Position: Choose from 9 screen positions
Confluence Filters
Minimum Timeframes Aligned: Set required confluence (3-6, default: 5)
Require Higher Timeframe Confirmation: Toggle HTF requirement on/off
Min Higher Timeframes: Specify HTF agreement needed (1-3, default: 2)
Volume Filter
Volume Confirmation: Enable/disable volume filtering
Volume vs Average: Set multiplier threshold (default: 1.5x)
Volume Average Length: Period for volume average (default: 20 bars)
Volatility Filter (ATR)
Volatility Filter: Enable/disable ATR confirmation
ATR Length: Calculation period (default: 14)
Min ATR vs Average: Required ATR level (default: 0.5x = 50%)
ORB Filters
ORB Breakout Distance Required: Toggle distance requirement
Min Breakout % Beyond ORB: Additional breakout threshold (default: 0.10%)
Session Filter
Trade Only During Best Hours: Enable time-based filtering
Session 1: First trading window (default: 0930-1130 EST)
Session 2: Second trading window (default: 1400-1530 EST)
Momentum Filter
Recent Momentum Required: Enable directional momentum check
Lookback Bars: Period for momentum comparison (default: 3 bars)
Daily Range Filter
Block Signals Near Daily Extremes: Prevent entries at extremes
Distance from High/Low %: Minimum distance required (default: 2.0%)
Candle Filter
Strong Directional Candle: Require candle strength
Min Candle Body %: Body-to-range ratio threshold (default: 60%)
Visual Signals
Show Entry Signals: Master toggle for visual signals
Show Arrows: Display entry arrows on chart
Background Color: Enable background highlighting
Best Practices
Start with default settings and adjust based on your trading style and asset volatility
Higher confluence requirements (5-6 timeframes) produce fewer but higher-quality signals
Enable all filters for conservative trading; disable some for more frequent signals
Use the dashboard as confirmation alongside your existing trading strategy
Backtest on your specific instruments before live trading
Consider market conditions—trending vs ranging markets may require different settings
Alerts
This indicator includes four alert conditions with JSON formatting for webhook integration:
Long Entry Signal: Triggers when all long conditions are met
Short Entry Signal: Triggers when all short conditions are met
Long Exit Signal: Triggers when opposing confluence reaches exit threshold
Short Exit Signal: Triggers when opposing confluence reaches exit threshold
Alert messages include ticker symbol, action (buy/sell), price, and quantity for automated trading systems.
Important Notes
This indicator works best on liquid instruments with clear price action
Highly volatile markets may require adjusted ATR and ORB distance settings
Session times are in EST timezone—adjust if trading non-US markets
The ORB calculation requires sufficient price history for the day
Signals are generated in real-time but should be confirmed at candle close
Limitations
Maximum of 6 timeframes can be analyzed due to TradingView's security call limits
ORB calculations may not work correctly on instruments with gaps or irregular sessions
The indicator is most effective during regular market hours when volume and volatility are adequate
Lower timeframes (1m, 5m) may produce more false signals in choppy conditions
License
Mozilla Public License 2.0 (MPL-2.0)
This indicator is licensed under the Mozilla Public License 2.0. You are free to use, modify, and distribute this code under the terms of the MPL-2.0. The full license text is available at mozilla.org
Key license provisions:
You may use this code commercially
You may modify and distribute modified versions
Modified versions must be released under the same license
You must include the original license notice in any distributions
No trademark rights are granted
Disclaimer
This indicator is provided for educational and informational purposes only. It is not financial advice, and past performance does not guarantee future results. Trading involves substantial risk of loss. Always:
Practice proper risk management
Test thoroughly on paper/demo accounts before live trading
Use appropriate position sizing
Never risk more than you can afford to lose
Consult with a financial advisor for personalized advice
The creator assumes no liability for trading losses incurred using this indicator.
Version: 2.0
Pine Script Version: v6
Author: © EliasVictor
Session Breakout, Retest, Reversal + Large Move Alert## **Session Breakout, Retest, Reversal + Large Move Alert**
### Overview
A powerful multi-functional indicator designed for day traders and futures traders to identify session-based breakout opportunities, retest confirmations, and significant price movements across all futures contracts (Gold, E-mini S&P 500, Nasdaq, Crude Oil, and more).
### Key Features
**📊 Pre-Market Session Tracking**
- Automatically calculates pre-market/overnight session highs and lows
- Displays session ranges with customizable colors and styling
- Extends lines through the entire trading session for easy reference
- Supports overnight sessions (e.g., 4 PM – 7:30 AM for Gold futures)
**🚀 Breakout Detection**
- Identifies breakouts above/below pre-market highs and lows
- Uses close-price confirmation to filter false signals from wicks
- Displays "BO ↑" and "BO ↓" labels at breakout points
- Generates instant alerts when breakouts occur
**♻️ Retest Failed Tracking**
- Monitors price retests after breakouts
- Detects when retests fail to reach previous support/resistance
- Labels "RF" (Retest Failed) for high-probability trade setups
- Helps identify reversal opportunities
**📈 First 5-Minute Analysis**
- Captures first 5 minutes of market open (customizable timeframe)
- Tracks first 5-minute highs and lows separately
- Essential for mean-reversion and breakout confirmation strategies
- Blue lines extend through the trading session for easy tracking
**⚡ Large Move Alerts**
- Detects significant price movements based on point thresholds
- Individual thresholds for 5+ different symbols:
- GC (Gold): 15 points
- ES (E-mini S&P 500): 15 points
- NQ (E-mini Nasdaq): 50 points
- CL (Crude Oil): 1.5 points
- Custom: Fully adjustable
- Auto-detects symbol from chart ticker
- Labels show exact point movement and candle direction
### Customization Options
**Symbol Configuration**
- **Auto-Mode**: Automatically detects trading symbol from chart ticker
- **Manual-Mode**: Select specific symbol (GC, ES, NQ, CL, or Custom)
**Session Settings**
- Fully customizable pre-market session time (24-hour format)
- Adjustable market open time for first 5-minute window
- Market close hour and minute configuration
- Support for any timezone
**Point Move Thresholds by Symbol**
- Set independent thresholds for each of your trading symbols
- Quickly adjust settings when switching between different futures
- Includes helpful tooltips for recommended values
**Display & Styling**
- Toggle all visual elements on/off individually
- Customizable colors for all lines and labels:
- Pre-market high/low colors
- Breakout labels (up/down)
- Retest failed labels
- First 5-minute session lines
- Large move indicators
- Text size options: tiny, small, normal, large, huge
### How It Works
1. **Session Tracking**: The indicator identifies your pre-market session and marks the high and low with labeled lines (PH/PL)
2. **Breakout Signal**: Once the market opens, it monitors for close prices above/below the pre-market levels and alerts you with "BO ↑" or "BO ↓"
3. **Retest Confirmation**: After a breakout, it tracks retests and labels "RF" when the retest fails to reach the opposite extreme, confirming trade direction
4. **Large Move Detection**: Simultaneously monitors for significant point moves that exceed your symbol-specific thresholds
5. **Alert Triggers**: Get real-time alerts for:
- Breakout Up/Down
- Any Breakout
- Large Move events
### Alert Conditions
The indicator includes four alert conditions:
- **Breakout Up Alert**: Price closes above pre-market high
- **Breakout Down Alert**: Price closes below pre-market low
- **Any Breakout Alert**: Either breakout condition triggers
- **Large Move Alert**: Point movement exceeds threshold for current symbol
### Ideal For
- ✅ Day traders (breakout/retest strategies)
- ✅ Futures traders (Gold, Oil, Stock Index Contracts)
- ✅ Intraday scalpers (first 5-minute analysis)
- ✅ Swing traders (session-based levels)
- ✅ Multi-symbol traders (independent thresholds per symbol)
### Disclaimer
This indicator is designed for educational and informational purposes. Past performance does not guarantee future results. Always use proper risk management and position sizing. Test thoroughly on historical data before trading live.
Close-Only Market StructureDYOR NFA
Function of the Close-Only Market Structure Script
The script is a custom indicator designed to display the market's structural trend based only on closing prices, ignoring price wicks (highs and lows) to focus on conviction.
pivotLengthInt Input: This user setting controls the sensitivity of the structure detection. It determines how many bars to look left and right to define a swing point (e.g., a setting of 5 means a bar's close must be the highest/lowest of the 5 preceding and 5 succeeding bars).
Swing Point Identification (SH/SL): It uses the ta.pivothigh() and ta.pivotlow() functions on the close price series to define Swing Highs (SH) and Swing Lows (SL).
Structure Tracking (structureType): It compares the most recent confirmed SH and SL against the immediately preceding ones (prevSH and prevSL) to classify the trend as one of the following four states:
HH (Higher High, Higher Low): Strong Uptrend
LL (Lower High, Lower Low): Strong Downtrend
HL/LH: Complex structure, consolidation, or reversal zones.
Structure Lines: It plots two continuous stepped lines (lastSH and lastSL) that hold the price of the most recent confirmed swing points, visually defining the current structure boundaries.
BOS Detection (Break of Structure): It identifies and plots a marker (BOS) when the current bar's close definitively breaks (closes above) the lastSH or closes below the lastSL, signaling a continuation of the trend or a major structural change.
Visual Confirmation:
Plots small SH/SL labels at the confirmed swing points.
Plots small HH/HL/LH/LL labels at the swing points to show the confirmed structural state.
Applies a light background color (green for bullish/ranging-up, red for bearish/ranging-down) for an at-a-glance view of the bias.
Alerts: It provides conditions for setting up notifications when a Bullish BOS or Bearish BOS occurs.
🚀 How to Use the Script
Open TradingView: Go to the chart where you want to apply the indicator.
Open Pine Editor: Click the Pine Editor tab at the bottom of the screen.
Paste and Save:
Copy the final, corrected Pine Script code.
Delete any existing code in the editor and paste the new code.
Click the Save button (or name the script) and then click Add to Chart.
Adjust Settings:
On the chart, hover over the indicator name ("Close-MS v6") and click the Gear Icon (Settings).
Pivot Lookback (L&R): Change this value to adjust sensitivity:
Smaller number (e.g., 3): More swings detected, structure changes faster, more noise.
Larger number (e.g., 10): Fewer swings detected, structure is more significant, less noise (recommended for higher timeframes).
Interpret the Chart:
The Red Stepped Line shows your current resistance (SH).
The Green Stepped Line shows your current support (SL).
Green Background: General bullish bias (making Higher Highs/Lows).
Red Background: General bearish bias (making Lower Highs/Lows).
BOS Triangle: Signals that the price has closed and validated a break of the previous structural high or low.
Set Alerts (Optional):
Click the Alert button (bell icon) on the TradingView toolbar.
Set the Condition to the indicator ("Close-MS v6").
Select the specific Alert Condition you want to monitor (e.g., "Bullish BOS" or "Bearish BOS").
Auto Fibonacci LevelsAuto Fibonacci Momentum Zones with Visible Range Table
Overview and Originality
The Auto Fibonacci Momentum Zones indicator offers a streamlined, static overlay of Fibonacci retracement levels inspired by extreme RSI momentum thresholds, enhanced with a dynamic table displaying the high and low of the currently visible chart range. This isn't a repackaged RSI oscillator or basic Fib drawer—common in TradingView's library—but a purposeful fusion of geometric harmony (Fibonacci ratios) with momentum psychology (RSI extremes at 35/85), projected as fixed horizontal reference lines on the price chart. The addition of the visible range table, powered by PineCoders' VisibleChart library, provides real-time context for the chart's current view, enabling traders to quickly assess range compression or expansion relative to these zones.
This script's originality stems from its "static momentum mapping": by hardcoding Fib levels on a dynamic chart, it creates universal psychological support/resistance lines that transcend specific assets or timeframes.
Unlike dynamic Fib tools that auto-adjust to price swings (risking noise in ranging markets) or standalone RSI plots (confined to panes), this delivers clean, bias-adjustable overlays for confluence analysis. The visible range table justifies the library integration—it's not a gratuitous add-on but a complementary tool that quantifies the "screen real estate" of price action, helping users correlate Fib touches with actual volatility. Drawn from original code (no auto-generation or public templates), it builds TradingView's body of knowledge by simplifying multi-tool workflows into one indicator, ideal for discretionary traders who value visual efficiency over algorithmic complexity.
How It Works: Underlying Concepts
Fibonacci retracements, derived from the Fibonacci sequence and the golden ratio (≈0.618), identify potential reversal points based on the idea that markets retrace prior moves in predictable proportions: shallow (23.6%, 38.2%), mid (50%), and deep (61.8%, 78.6%).
Adjustable Outputs
1. The "Invert Fibs" toggle (default: true) for bearish/topping bias, can be flipped aligning with trend context.
2. Fibonacci Levels: Seven semi-transparent horizontal lines are drawn using `hline()`:
- 0.0 at high (gray).
- 0.236: high - (range × 0.236) (light cyan, shallow pullback).
- 0.382: high - (range × 0.382) (teal, common retracement).
- 0.5: midpoint average (green, equilibrium).
- 0.618: high - (range × 0.618) (amber, golden pocket for reversals).
- 0.786: high - (range × 0.786) (orange, deep support).
- 1.0 at low (gray).
Colors progress from cool (shallow) to warm (deep) for intuitive scanning.
3. Optional Fib Labels: Right-edge text labels (e.g., "0.618") appear only if enabled, positioned at the last bar + offset for non-cluttering visibility.
4. Visible Range Table: Leveraging the VisibleChart library's `visible.high()` and `visible.low()` functions, a compact 2x2 table (top-right corner) updates on the last bar to show the extrema of bars currently in view. This mashup enhances utility: Fib zones provide fixed anchors, while the table's dynamic values reveal if price is "pinned" to a zone (e.g., visible high hugging 0.382 signals resistance). The library is invoked sparingly for performance, adding value by bridging static geometry with viewport-aware data—unavailable in built-ins without custom code.
How to Use It
1. Setup:
Add to any chart (e.g., 15M for scalps, Daily for swings). As an overlay, lines appear directly on price candles—adjust chart scaling if needed.
2. Input Tweaks:
Invert Fibs: Enable for downtrends (85 top), disable for uptrends (35 bottom).
Show Fibs: Toggle labels for ratio callouts (off for clean charts).
Show Table: Display/hide the visible high/low summary (red for high, green for low, formatted to 2 decimals).
3. Trading Application:
Zone Confluence: Seek price reactions at each fibonacci level—e.g., a doji at 0.618 + rising volume suggests entry; use 0.0/1.0 as invalidation.
Range Context: Check the table: If visible high/low spans <20% of the Fib arc (e.g., both near 0.5), anticipate breakout; wider spans signal consolidation.
Multi-Timeframe: Overlay on higher TF for bias, lower for precision—e.g., Daily Fibs guide 1H entries.
Enhancements: Pair with volume or candlesticks; set alerts on line crosses via TradingView's built-in tools. Backtest on your symbols to validate (e.g., equities favor 0.382, forex the 0.786).
This indicator automates advanced Fibonacci synthesis dynamically, eliminating manual measurement and calculations.
published by ozzy_livin
Previous TPOIndicator Summary
This Pine Script indicator, "Previous TPO," is designed to calculate and display five key price levels from the previous trading day's market activity. It uses a 30-minute TPO (Time Price Opportunity) profile, which is a method of organizing price by time to find areas of high and low activity.
The five levels it plots on the current day are:
1. Previous Value Area High (VAH)
2. Previous Value Area Low (VAL)
3. Previous Point of Control (POC)
4. Previous Initial Balance High (IBH)
5. Previous Initial Balance Low (IBL)
The script is built to be efficient, running its main calculation only once at the beginning of each new day. It also includes an automatic line management system to delete old lines, preventing the "Too many lines" error and keeping the chart clean.
How the Code Works
1. Data Collection: At the start of a new day (00:00), the script looks back at the chart's history. It uses request.security to access 30-minute bar data.
2. Collector Loop: It then loops backward, bar by bar, to find and store 48 unique 30-minute High/Low data points, which represents the full 24-hour range of the previous day.
3. TPO Profile: With this 30-minute data, it builds a TPO profile. It divides the previous day's price range into small bins (price levels) and counts how many 30-minute periods "touched" each price bin.
4. Level Calculation:
o POC: It finds the price bin with the highest TPO count (the most traded price) and sets it as the Point of Control.
o VAH/VAL: It starts at the POC and expands outward, adding the next-most-traded price bins until 70% (or the user-defined percentage) of the day's TPOs are included. The highest and lowest prices of this range are the Value Area High and Value Area Low.
o IBH/IBL: It identifies the high and low of the first hour (the first two 30-minute bars) of the previous day to set the Initial Balance High and Initial Balance Low.
5. Drawing: The script draws these five levels as horizontal lines across the current trading day, providing a constant reference.
6. Line Management: It keeps track of all lines in an array. When the total number of lines exceeds the user's limit (e.g., 50 days * 5 lines = 250), it automatically deletes the oldest lines from the chart.
Usefulness for Trading
This indicator provides a powerful framework for intraday traders by contextualizing the current day's price action against the previous day's "auction."
• Key Support/Resistance: The VAH, VAL, and POC act as significant support and resistance lev-els. Price reacting at these levels can signal mean reversion, while acceptance beyond them can signal a trend or expansion day.
• Value Area as Context: Trading inside the previous day's value area (between VAH and VAL) is often seen as "balanced" or "range-bound" trading. Trading outside of it is "unbalanced" or "trending."
• POC as a "Magnet": The POC, being the area of highest volume/time, often acts as a "magnet" or "center of gravity" for price.
• Opening Range: The Initial Balance (IB) levels show the opening range. A breakout from this range is often a key signal for the day's initial direction.
• 80% Rule: The script contains (currently commented-out) setup logic for the "80% Rule." This is a specific Market Profile strategy where:
1. The market opens inside the previous day's Value Area.
2. The Initial Balance fails to extend outside the VA (e.g., in a short setup, the IB high stays below the VAH).
3. This setup suggests an 80% probability that the price will rotate and test the other side of the Value Area (e.g., test the VAL).
Publication and restrictions
This script is published under the Mozilla Public Licence 2.0 (MPL 2.0) and is therefore suitable for publi-cation as an open source indicator on TradingView.
Timeframe limitation: The indicator is designed for intraday timeframes. Timeframes below 10 minutes do not work and lead to an error. Recommended time frame 30 minutes.
It will not work correctly on:
Time frame under 10 minutes: The data collection loop (max_bars_to_check = 3000) is not large enough to collect the bars required for a full day on a 5-minute chart or smaller.
High time frames (e.g. 1H, 4H, Daily): The script's logic is based on a chart timeframe 30-minute data that it requests. If higher time frames are selected, the script works but the zones are no longer correct or become irrelevant.
CandelaCharts - Session Opening📝 Overview
The CandelaCharts – Session Opening indicator highlights a custom session window, builds the live high/low as the session unfolds, and then publishes finalized Range High , Range Low , and Consequent Encroachment (Mid) levels once the window closes. A subtle one‑bar divider marks each new session start, and a shaded box visualizes the evolving range while the session is active.
📦 Features
Discover the core tools this indicator provides—from live range tracking to post‑session levels and alerts.
Custom Session Window – Track any intraday opening window you define (e.g., 09:00–10:00).
Timezone Control – Align sessions precisely with your market using selectable timezones (e.g., America/New_York, GMT±X).
Live Session Box – A translucent box expands in real time as highs/lows update during the session.
Post‑Session Levels – Finalized Range High , Range Low , and CE (Mid) lines print only after the session completes to avoid interim noise.
Session Divider – A one‑bar background tint clearly marks the first bar of each session.
Alerts – Receive notifications at session start and end.
⚙️ Settings
Configure timing, timezone alignment, visuals, and toggles to match your market and workflow.
Session – Defines the specific time range for the session window (e.g., 0900-1000). During this window the indicator tracks the running high/low.
Timezone – Specifies the timezone used to interpret the session window, ensuring alignment with exchange hours.
Colors – Selects the colors for Range High (Up), Range Low (Down), and the session Background box/divider.
Session Range – Shows the finalized Range High/Low/Mid lines outside of the session; lines appear starting one bar after the session closes.
Session Dividers – Enables the one‑bar background tint on the session’s first bar.
⚡️ Showcase
Preview a simple chart example with Session Opening applied.
🚨 Alerts
Set notifications for key moments: when a session begins and when it ends.
Session Start : Triggers on the first bar inside the configured session window.
Session End : Triggers on the first bar after the session window closes.
⚠️ Disclaimer
This section clarifies the risks and intended use.
Trading involves significant risk, and many participants may incur losses. The content on this site is not intended as financial advice and should not be interpreted as such. Decisions to buy, sell, hold, or trade securities, commodities, or other financial instruments carry inherent risks and are best made with guidance from qualified financial professionals. Past performance is not indicative of future results.
Volatility Channel Oscillator█ OVERVIEW
"Volatility Channel Oscillator" is a technical indicator that analyzes price volatility relative to dynamic price channels, displaying an oscillator, its moving average, and signals based on crossovers and divergences. The indicator offers customizable overbought and oversold levels, gradient visualization, and divergence detection, supported by alerts for key signals.
█ CONCEPTS
The VCO indicator creates dynamic price channels based on a moving average of the price (calculated as the arithmetic mean of the high and low prices: (high + low) / 2) and market volatility (measured as the average candle range and body size). These channels are not displayed on the chart but are used to calculate the oscillator value, which reflects the position of the closing price relative to the channel width, scaled to a range from -100 to +100, with the zero line as the central point. A moving average of the oscillator (SMA) smooths its values, enabling signals based on crossovers with the zero line or overbought/oversold levels. The indicator also detects divergences between price and the oscillator, which may indicate potential trend reversals. VCO is useful for identifying market momentum, reversal points, and trend confirmation, especially when combined with other technical analysis tools.
█ FEATURES
- Volatility Channels: Calculates invisible chart boundaries based on a simple moving average (SMA) of the price (high + low) / 2 and volatility (average candle range and body). The length parameter (default 30) sets the SMA length, and scale (default 200%) adjusts the channel width.
- Oscillator: Determines the oscillator value in the range of -100 to +100, indicating the closing price's position relative to the volatility channel. Displayed with dynamic coloring (green for positive values, red for negative).
- Oscillator Moving Average: A simple moving average (SMA) of the oscillator values, smoothing its movements. The signalLength parameter (default 20) defines the SMA length. Displayed in yellow with an optional gradient.
- Overbought/Oversold Levels: Configurable thresholds for the oscillator (overbought, default 50; oversold, default -50) and its moving average (maOverbought, default 30; maOversold, default -30), shown as horizontal lines with optional gradients. Band colors change dynamically (red for overbought, green for oversold, gray for neutral) based on the moving average's position relative to maOverbought/maOversold, reinforcing other signals.
- Divergences: Detects bullish (price forms a lower low, oscillator a higher low) and bearish (price forms a higher high, oscillator a lower high) divergences using pivots (pivotLength, default 2). Divergences are displayed with a delay equal to the pivot length; larger lengths increase reliability but delay signals. Use as additional confirmation.
Signals:
- Overbought/Oversold Crossovers: Green triangles (buy) when the oscillator crosses above the oversold level, red triangles (sell) when it crosses below the overbought level.
- Zero Line Crossovers: Buy/sell signals when the oscillator crosses the zero line upward (buy) or downward (sell).
- Moving Average Crossovers: Buy/sell signals when the oscillator's moving average crosses the zero line or the maOverbought/maOversold levels. Dynamic band color changes (red/green) at these crossovers reinforce other signals.
- Visualization: Gradient lines for the oscillator, its moving average, overbought/oversold levels, and zero line, with adjustable transparency. Gradient fill between the oscillator and zero line.
Divergence Labels: "Bull" (bullish) and "Bear" (bearish) labels with customizable color and transparency.
- Alerts: Built-in alerts for divergences, overbought/oversold crossovers, and zero line crossovers by the oscillator and its moving average.
█ HOW TO USE
Add to Chart: Apply the indicator via Pine Editor or the Indicators menu on TradingView.
Configure Settings:
- Channel and Oscillator Settings: Adjust the channel SMA length (length, default 30) and channel scaling (scale, default 200%). Increase scale for high-volatility markets.
- Threshold Levels: Set oscillator overbought (overbought, default 50) and oversold (oversold, default -50) levels, and moving average thresholds (maOverbought, default 30; maOversold, default -30).
- Divergence Settings: Enable/disable divergence detection (calculateDivergence) and set pivot length (pivotLength, default 2). Larger values increase reliability but delay signals.
- Signal Settings: Choose signal types (signalType): overbought/oversold, zero line, moving average, or all.
- Styling: Customize colors for the oscillator, moving average, horizontal levels, and divergence labels. Adjust gradient and fill transparency.
Interpreting Signals:
- Buy Signals: Green triangles below the bar when the oscillator or its moving average crosses above the oversold level or zero line.
- Sell Signals: Red triangles above the bar when the oscillator or its moving average crosses below the overbought level or zero line.
- Moving Average Signals: Green/red triangles when the moving average crosses maOverbought/maOversold levels, indicating potential reversals or trend continuation. Dynamic band color changes (red for overbought, green for oversold) at these crossovers reinforce other signals.
- Divergences: "Bull" (bullish) and "Bear" (bearish) labels indicate potential trend reversals with a delay based on pivot length. Use as confirmation.
- Overbought/Oversold Levels: Monitor price reactions in these zones as potential reversal points. Dynamic band color changes based on the moving average reinforce signals.
Signal Confirmation: Use VCO with other tools, such as pivot levels (for key turning points) or Fibonacci levels (for support/resistance zones).
█ APPLICATIONS
- Trend Trading: Zero line crossovers by the oscillator or its moving average identify momentum in uptrends or downtrends.
- Range Trading: Overbought/oversold levels help identify entry/exit points in sideways markets.
- Divergences: Use bullish/bearish divergences as additional confirmation of reversals, especially near key price levels.
- Trend Identification: To analyze trends over a longer perspective, increase the moving average length (signalLength) for more stable signals.
█ NOTES
- Test the indicator across different timeframes and markets to optimize parameters, such as length and scale, for your trading style.
- In strong trends, overbought/oversold levels may persist, requiring additional signal verification.
- Divergences are more reliable on higher timeframes (H4, D1), where market noise is reduced, but their delay requires caution.
- In low-liquidity markets, signals may be less effective, so use on high-liquidity assets is recommended.
Asian, UK & NY SessionTimes and Day Highs and LowsWhat It Does
The Asian, UK & NY Sessions indicator automatically identifies and highlights the three major global trading sessions on your chart.
For each session, it:
Detects session time in its local timezone.
Tracks the session’s highest and lowest prices.
Plots colored horizontal lines to show those levels throughout the trading day.
Optionally shades each session’s background in its signature color for instant visual context:
🟡 Asian Session: Yellow background
🔴 London Session: Red background
🔵 New York Session: Blue background
This helps traders see how price reacts within and between sessions — spotting overlaps, liquidity zones, and daily ranges.
⚙️ Inputs and Variables
Input Description
Extend lines until next session start (extendLines) Extends each session’s high/low lines forward until the next session begins.
Show prices in scale column (showScaleValues) Controls whether the price labels for session highs/lows appear on the chart’s right-hand price scale.
Show All Session Highs & Lows (showAllHighsLows) Master switch — turn this off to hide all session lines instantly, keeping the chart clean.
Show Session Backgrounds (showBackgrounds) Turns all background shading on or off. When off, all session colors disappear.
Background Opacity (bgOpacityAll) Adjusts the transparency for all session backgrounds (0 = solid, 100 = fully transparent).
🎨 Visual Color Scheme
Session Background High/Low Line
Asian Yellow Green
London Red Red
New York Blue Blue
Each color has a consistent role — making it easy to distinguish sessions even in replay or live view.
Price Tracking:
For each session, the indicator resets High and Low when the new session starts, then updates them as bars print.
Display Control:
If lines or backgrounds are disabled via settings, they’re completely hidden (no clutter, no partial transparency).
💡 How Traders Use It
Identify daily ranges in each global session.
Compare volatility between markets.
Align entries or exits with session transitions.
Observe how price respects previous session highs/lows.
