RSI VWAP POC [Uncle Sam Trading]Category: Oscillators, Volume, Market Profile
Timeframe: Suitable for all timeframes
Markets: Crypto, Forex, Stocks, Commodities
Overview
The RSI VWAP POC indicator is a powerful and innovative oscillator that combines the Relative Strength Index (RSI), Volume-Weighted Average Price (VWAP), and Point of Control (POC) from market profile analysis. Designed to provide traders with clear, high-probability trading signals, this indicator helps you identify key market levels, spot overbought/oversold conditions, and time your entries and exits with precision. Whether you’re a day trader, swing trader, or scalper, this free tool adds significant value to your trading strategy by offering a unique blend of momentum, volume, and market profile insights.
How It Works
This indicator integrates three core components to deliver actionable insights:
RSI (Relative Strength Index): Measures momentum to identify overbought (above 70) and oversold (below 30) conditions, helping you anticipate potential reversals.
VWAP (Volume-Weighted Average Price): Calculates a volume-weighted price benchmark, which is used to compute a more accurate, volume-sensitive RSI. This ensures the indicator reflects true market dynamics.
POC (Point of Control): Derived from market profile analysis, the POC represents the price level with the highest traded volume in a session, acting as a critical support or resistance level.
The indicator plots a smoothed RSI based on VWAP, overlaid with market profile data on a user-defined higher timeframe (default: 4H). The POC is displayed as a red line, with aqua bars indicating the value area where the majority of trading volume occurred. When the RSI crosses the POC, the indicator generates clear buy and sell signals:
Strong Buy (SBU): RSI crosses above the POC in an oversold zone.
Strong Sell (SBD): RSI crosses below the POC in an overbought zone.
Additional features include:
Background colors to highlight bullish (green) or bearish (red) trends.
Shaded zones for overbought (70/60) and oversold (30/40) levels.
Customizable settings to fit your trading style and timeframe.
How This Indicator Adds Value
The RSI VWAP POC indicator offers several key benefits that enhance your trading performance:
High-Probability Signals: By combining RSI, VWAP, and POC, this indicator identifies trades at key market levels where price is likely to react, increasing your win rate.
Improved Timing: Clear buy and sell signals, such as ‘SBU’ and ‘SBD’, help you enter and exit trades at optimal points, maximizing profitability.
Risk Management: Overbought/oversold zones and trend confirmation via background colors help you avoid false signals, protecting your capital.
Versatility: Suitable for all markets (crypto, forex, stocks) and timeframes, making it a valuable tool for traders of all experience levels.
Time Efficiency: The indicator does the heavy lifting by analyzing momentum, volume, and market profile data, allowing you to focus on executing trades.
Real-World Performance Example: On a 1-hour Bitcoin chart with a 4-hour higher timeframe, this indicator identified a strong sell signal on April 6th at 12:00 ($82,000), leading to a 9% drop to $74,600. A subsequent strong buy signal on April 7th at 04:00 ($76,200) captured a 6% rise to $81,200 – a potential 25% profit with 5x leverage if exited at 5%.
How to Use
Add the Indicator: Search for “RSI VWAP POC ” in TradingView’s indicator library and add it to your chart.
Set Your Timeframe: The indicator works on any timeframe but is optimized for a 1-hour chart with a 4-hour higher timeframe (set in the settings).
Interpret Signals:
Look for ‘SBU’ (strong buy) labels when the RSI crosses above the POC in an oversold zone, indicating a potential buying opportunity.
Look for ‘SBD’ (strong sell) labels when the RSI crosses below the POC in an overbought zone, signaling a potential selling opportunity.
Use the background colors (green for bullish, red for bearish) to confirm the trend.
Combine with Your Strategy: Use the indicator alongside your existing analysis (e.g., support/resistance, candlestick patterns) for best results.
Settings and Customization
The indicator is highly customizable to suit your trading needs:
RSI Length (Default: 14): Adjust the sensitivity of the RSI. Use a shorter length (e.g., 10) for scalping, or a longer length (e.g., 20) for smoother signals.
EMA Smoothing Length (Default: 3): Smooths the RSI line. Increase to 5 or 7 for less choppy signals in volatile markets.
Higher Timeframe (Default: 240 minutes): Set to 240 (4 hours) for a 1-hour chart. Adjust based on your chart’s timeframe (e.g., 60 minutes for a 15-minute chart).
Value Area Percentage (Default: 100%): Defines the size of the value area around the POC. Lower to 70% for a tighter focus on key levels.
Overbought/Oversold Thresholds (Defaults: 70/30): Adjust these levels to match market conditions (e.g., 80/20 for trending markets).
Show POC Line (Default: True): Toggle the red POC line on or off.
Show Buy/Sell Signals: Enable ‘Show Strong Breakup Signals’ and ‘Show Strong Breakdown Signals’ to focus on high-probability trades.
Why Choose This Indicator?
The RSI VWAP POC indicator stands out by offering a unique combination of momentum, volume, and market profile analysis in a single, easy-to-use tool. It’s designed to help traders of all levels make informed decisions, reduce risk, and increase profitability. Whether you’re trading Bitcoin, forex pairs, or stocks, this indicator provides the clarity and precision you need to succeed.
在腳本中搜尋"support resistance"
EMA and VWAP by Phil VoEMA and VWAP by Phil Vo
Description
This indicator combines two powerful technical analysis tools: Exponential Moving Averages (EMAs) and Volume Weighted Average Price (VWAP). Designed to assist traders in identifying trends and key price levels, this script overlays two customizable EMAs and a daily VWAP on your chart.
* EMA 1 (Blue): A fast-moving EMA with a default period of 9, ideal for short-term trend analysis.
* EMA 2 (Red): A slower EMA with a default period of 21, useful for confirming longer-term trends.
* VWAP (Yellow): The Volume Weighted Average Price, calculated using the typical price (HLC3) and volume, resetting daily. It serves as a dynamic support/resistance level and reflects the average price weighted by volume.
Features
* Customizable EMAs: Adjust the periods of both EMAs via the settings (minimum period: 1).
* Visual Clarity: Each line is plotted in a distinct color (Blue for EMA 1, Red for EMA 2, Yellow for VWAP) with a linewidth of 2 for easy identification.
* Daily VWAP: The VWAP resets at the start of each trading day, providing a reliable intraday reference point.
* Tooltips: Hover over the input settings to see descriptions of each EMA period.
How to Use
1. Add the indicator to your chart.
2. Customize the EMA periods in the settings if desired (defaults are 9 and 21).
3. Use the EMAs to spot trends:
* When EMA 1 crosses above EMA 2, it may signal a bullish trend.
* When EMA 1 crosses below EMA 2, it may indicate a bearish trend.
4. Use the VWAP as a dynamic support/resistance level:
* Prices above VWAP might suggest bullish momentum.
* Prices below VWAP might indicate bearish pressure.
Settings
* EMA 1 Length: Set the period for the fast EMA (default: 9).
* EMA 2 Length: Set the period for the slow EMA (default: 21).
Notes
* The VWAP resets daily by default, making it most suitable for intraday trading.
* This script is open-source under the Mozilla Public License 2.0, so feel free to study or modify it!
Author
Created by Phil Vo. Happy trading!
How to Add This to TradingView
When you publish the script:
1. Paste the description above into the "Description" field in the "Publish Script" dialog.
2. Set the title as "EMA and VWAP by Phil Vo".
3. Choose "Public" visibility and "Open" access to share it with the community.
4. Add tags like "EMA", "VWAP", "Moving Average", "Trend", and "Volume" to help users find it.
This description provides a clear explanation of the indicator’s purpose, usage instructions, and customization options, making it accessible and helpful for TradingView users. Let me know if you’d like to adjust anything!
Adaptable Relative Momentum Index [ParadoxAlgo]The Adaptable Relative Momentum Index (RMI) by ParadoxAlgo is an advanced momentum-based indicator that builds upon the well-known RSI (Relative Strength Index) concept by introducing a customizable momentum length. This indicator measures price momentum over a specified number of periods and applies a Rolling Moving Average (RMA) to both the positive and negative price changes. The result is a versatile tool that can help traders gauge the strength of a trend, pinpoint overbought/oversold levels, and potentially identify breakout opportunities.
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Smart Configuration Feature
What sets this version of the RMI apart is ParadoxAlgo’s exclusive “Smart Configuration” functionality. Instead of manually adjusting parameters, traders can simply select their Asset Class (e.g., Stocks, Forex, Futures/Indices, Crypto, Commodities) and Trading Style (e.g., Scalping, Day Trading, Swing Trading, Short-Term Investing, Long-Term Investing). Based on these selections, the indicator automatically optimizes its core parameters:
• Length – The period over which the price changes are smoothed.
• Momentum Length – The number of bars used to calculate the price change.
By automating this process, users save time on tedious trial-and-error adjustments, ensuring that the RMI’s settings are tailored to the characteristics of specific markets and personal trading horizons.
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Key Features & Benefits
1. Momentum-Based Insights
• Uses RMA to smooth price movements, helping identify shifts in market momentum more clearly than a basic RSI.
• Enhanced adaptability for a wide range of asset classes and time horizons.
2. Simple Yet Powerful Configuration
• Smart Configuration automatically sets optimal parameter values for each combination of asset class and trading style.
• Eliminates guesswork and manual recalibration when switching between markets or timeframes.
3. Overbought & Oversold Visualization
• Integrated highlight zones mark potential overbought and oversold extremes (default at 80 and 20).
• Optional breakout highlighting draws attention to times when the indicator crosses these key thresholds, helping spot possible entry or exit signals.
4. Intuitive Design & Ease of Use
• Clean plotting and color-coded signal lines make it easy to interpret bullish or bearish shifts in momentum.
• Straightforward dropdown menus keep the interface user-friendly, even for novice traders.
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Practical Applications
• Early Trend Detection: Spot emerging trends when the RMI transitions from oversold to higher levels or vice versa.
• Breakout Confirmation: Confirm potential breakout trades by tracking overbought/oversold breakouts alongside other technical signals.
• Support/Resistance Confluence: Combine RMI signals with horizontal support/resistance levels to reinforce trade decisions.
• Trade Timing: Quickly gauge when momentum could be shifting, helping you time entries and exits more effectively.
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Disclaimer
As with any technical indicator, the Adaptable Relative Momentum Index should be used as part of a broader trading strategy that includes risk management, fundamental analysis, and other forms of technical confirmation. Past performance does not guarantee future results.
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Enjoy using the Adaptable RMI and experience a more streamlined, flexible approach to momentum analysis. Feel free to explore different asset classes and trading styles to discover which configurations resonate best with your unique trading preferences.
Daily Open Levels (Custom Pips)Daily Open Levels Indicator
Overview: The Daily Open Levels indicator is a simple but powerful tool designed for intraday traders who focus on the daily open price and pip-based levels for decision-making. This indicator helps you visualize key price levels based on the daily opening price, with configurable upper and lower levels calculated in pips. It is especially useful for tracking price movements relative to the previous day’s open and can help traders identify breakout zones, potential support/resistance, and key entry/exit points.
eatures:
Daily Open Price: The indicator automatically calculates and plots the daily open of the current trading day.
Upper and Lower Levels: Configurable upper and lower levels based on a user-defined pip interval. These levels can act as potential resistance or support zones.
Adjustable Pip Interval: You can customize the pip distance for the upper and lower levels to suit different trading styles and volatility.
Works for All Pairs: Option to automatically detect JPY pairs with a different pip value (0.1), or you can manually select your pair setting.
Color Customization: You can choose different colors for the daily open line, upper levels, and lower levels for easy visualization.
Immediate Visual Feedback: The indicator immediately draws the lines on the chart when added, without waiting for any market data.
How It Works:
The daily open price is retrieved from the current trading day, and horizontal lines are drawn at this price level, as well as at pip-based distances above and below it.
The pip distance is calculated using the Pip Interval setting and can be adjusted for any pair. For example, a 225-pip interval would create lines at 225 pips above and below the daily open.
The indicator dynamically updates every minute to reflect new daily opens and adjustments for each trading day.
Lines are drawn using the HLine (horizontal line) objects in MetaTrader 5, making them easy to spot and follow.
Parameters:
Pip Interval: Defines the pip distance for upper and lower levels (e.g., 225 pips). This affects how far above and below the daily open the levels are drawn.
Number of Levels: Sets how many upper and lower levels are drawn.
JPY Pairs: An option to adjust the pip value for JPY pairs (0.1 pip for JPY pairs vs. 0.01 pip for others).
Line Colors: Customize the colors for the daily open, upper levels, and lower levels.
Style & Width: Adjust the style (solid/dashed) and width of the lines to match your preferences.
Math by Thomas FVG📌 Math by Thomas FVG – Fair Value Gap Detector
Overview:
The Math by Thomas FVG indicator automatically detects Fair Value Gaps (FVGs) using a three-candle logic. FVGs represent price inefficiencies where the first candle’s high/low does not overlap with the third candle’s low/high, creating a gap. This tool helps traders identify potential reversal or continuation zones, providing valuable insights into market structure and price action.
🔹 How It Works:
Bullish FVG:
Occurs when the current candle’s low is above the high of the candle two bars ago.
A green-shaded box marks the bullish FVG, highlighting a potential support zone.
Bearish FVG:
Occurs when the current candle’s high is below the low of the candle two bars ago.
A red-shaded box marks the bearish FVG, indicating a potential resistance zone.
Gap Filling Logic:
The indicator automatically removes FVGs once they are filled by price action, keeping the chart clean and relevant.
Bullish FVGs are removed when close ≤ the box's top.
Bearish FVGs are removed when close ≥ the box's bottom.
⚙️ Customization Options:
Bullish FVG Color: Choose the color for bullish FVGs.
Bearish FVG Color: Choose the color for bearish FVGs.
Max Box Count: The indicator dynamically manages up to 50 FVG boxes, ensuring optimal chart performance.
✅ Use Cases:
Identify price inefficiencies for potential entries and exits.
Combine with Order Blocks, support/resistance, or volume analysis for confirmation.
Useful for Smart Money Concept (SMC) and price action traders.
🔥 Enhance your trading accuracy with the Math by Thomas FVG indicator and gain insights into price inefficiencies! 🚀
Advanced Swing High/Low Trend Lines with MA Filter# Advanced Swing High/Low Trend Lines Indicator
## Overview
This advanced indicator identifies and draws trend lines based on swing highs and lows across three different timeframes (large, middle, and small trends). It's designed to help traders visualize market structure and potential support/resistance levels at multiple scales simultaneously.
## Key Features
- *Multi-Timeframe Analysis*: Simultaneously tracks trends at large (200-bar), middle (100-bar), and small (50-bar) scales
- *Customizable Visualization*: Different colors, widths, and styles for each trend level
- *Trend Confirmation System*: Requires minimum consecutive pivot points to validate trends
- *Trend Filter Option*: Can align trends with 200 EMA direction for consistency
## Recommended Settings
### For Long-Term Investors:
- Large Swing Length: 200-300
- Middle Swing Length: 100-150
- Small Swing Length: 50-75
- Enable Trend Filter: Yes
- Confirmation Points: 4-5
### For Swing Traders:
- Large Swing Length: 100
- Middle Swing Length: 50
- Small Swing Length: 20-30
- Enable Trend Filter: Optional
- Confirmation Points: 3
### For Day Traders:
- Large Swing Length: 50
- Middle Swing Length: 20
- Small Swing Length: 5-10
- Enable Trend Filter: No
- Confirmation Points: 2-3
## How to Use
### Identification:
1. *Large Trend Lines* (Red/Green): Show major market structure
2. *Middle Trend Lines* (Purple/Aqua): Intermediate levels
3. *Small Trend Lines* (Orange/Blue): Short-term price action
### Trading Applications:
- *Breakout Trading*: Watch for price breaking through multiple trend lines
- *Bounce Trading*: Look for reactions at confluence of trend lines
- *Trend Confirmation*: Aligned trends across timeframes suggest stronger moves
### Best Markets:
- Works well in trending markets (forex, indices)
- Effective in higher timeframes (1H+)
- Can be used in ranging markets to identify boundaries
## Customization Tips
1. For cleaner charts, reduce line widths in congested markets
2. Use dotted styles for smaller trends to reduce visual clutter
3. Adjust confirmation points based on market volatility (higher for noisy markets)
## Limitations
- May repaint on current swing points
- Works best in trending conditions
- Requires sufficient historical data for longer swing lengths
This indicator provides a comprehensive view of market structure across multiple timeframes, helping traders make more informed decisions by visualizing the hierarchy of support and resistance levels.
Dynamic Trend Indicator (DTI) - VWAP FilterThe Dynamic Trend Indicator (DTI) with VWAP Filter is a trend-following indicator.
It aims to identify and follow market trends while minimizing false signals in choppy or ranging markets.
The DTI combines a dynamically adjusted Exponential Moving Average (EMA) with a daily Volume Weighted Average Price (VWAP) confirmation filter and a cooldown mechanism to enhance signal reliability. This indicator is particularly useful for traders on intraday timeframes (e.g., 4-hour charts) who want to align their trades with the broader daily trend while avoiding whipsaws.
Key Features:
Dynamic Trend Line:
The core of the DTI is a trend line calculated using a custom EMA that adjusts its period dynamically based on market conditions.
The period of the EMA is determined by a combination of volatility (measured via ATR) and trend strength (measured via price momentum). In strong trends, the period shortens for faster responsiveness; in weak or ranging markets, it lengthens to reduce noise.
An optional smoothing EMA can be applied to the dynamic trend line to further reduce noise, with a user-defined smoothing length.
Daily VWAP Confirmation Filter:
A daily VWAP is calculated to provide a higher-timeframe trend bias. VWAP represents the average price paid for an asset during the day, weighted by volume, and is often used as a benchmark by institutional traders.
Buy signals are only generated when the price is above the daily VWAP (indicating a bullish daily bias), and sell signals are only generated when the price is below the VWAP (indicating a bearish daily bias).
The VWAP resets at the start of each day, ensuring it reflects the current day’s trading activity.
Cooldown Mechanism:
To prevent rapid signal reversals (whipsaws), the indicator includes a cooldown period between signals. After a buy or sell signal is generated, no new signals can be generated for a user-defined number of bars (default: 5 bars).
This helps filter out noise in choppy markets, ensuring signals are spaced out and more likely to align with significant trend changes.
Visual Elements:
Trend Line: Plotted on the chart, colored green when the price is above (uptrend) and red when below (downtrend). A gray color indicates a neutral trend.
Buy/Sell Signals: Displayed as green triangles below the bar for buy signals and red triangles above the bar for sell signals.
Background Coloring: The chart background is shaded green during uptrends and red during downtrends, providing a quick visual cue of the trend direction.
Daily VWAP Line: Optionally plotted as a purple step line, allowing traders to see the VWAP level and its relationship to the price.
Alerts:
The indicator includes built-in alerts for buy and sell signals, triggered when the price crosses the trend line and satisfies the VWAP filter and cooldown conditions.
Alert messages specify whether the signal is a buy or sell and confirm that the VWAP condition was met (e.g., "DTI Buy Signal: Price crossed above trend line and VWAP").
Input Parameters
Base Length (default: 14): The base period for calculating volatility and trend strength, used to adjust the dynamic EMA period.
Volatility Multiplier (default: 1.5): Adjusts the sensitivity of the dynamic period to market volatility (via ATR).
Trend Threshold (default: 0.5): Controls the sensitivity of the dynamic period to trend strength (via price momentum).
Use Smoothing (default: true): Enables/disables smoothing of the trend line with an additional EMA.
Smoothing Length (default: 3): The period for the smoothing EMA, if enabled.
Cooldown Bars (default: 5): The minimum number of bars between consecutive signals, reducing signal frequency in choppy markets.
Show Daily VWAP (default: true): Toggles the display of the daily VWAP line on the chart.
How It Works
Dynamic Trend Line Calculation:
Volatility is measured using the Average True Range (ATR) over the base length, scaled by the volatility multiplier.
Trend strength is calculated as the absolute price momentum (change in price over the base length) divided by the volatility factor.
The dynamic EMA period is adjusted based on the trend strength: stronger trends result in a shorter period (faster response), while weaker trends result in a longer period (more stability). The period is constrained between 5 and 50 to avoid extreme values.
A custom EMA function is used to handle the dynamic period, as Pine Script’s built-in ta.ema() requires a fixed length. The trend line is optionally smoothed with a secondary EMA.
Signal Generation:
A buy signal is generated when the price crosses above the trend line, the price is above the daily VWAP, and the cooldown period has elapsed.
A sell signal is generated when the price crosses below the trend line, the price is below the daily VWAP, and the cooldown period has elapsed.
The cooldown mechanism ensures that signals are not generated too frequently, reducing false signals in ranging markets.
Daily VWAP Calculation:
The VWAP is calculated by accumulating the price-volume product (close * volume) and total volume for the day, resetting at the start of each new day.
The VWAP is then computed as the cumulative price-volume divided by the cumulative volume, providing a volume-weighted average price for the day.
Usage
Timeframe: Best suited for intraday timeframes (e.g., 1-hour, 4-hour) where the daily VWAP provides a higher-timeframe trend bias. It can also be used on daily charts with adjustments to the cooldown period.
Markets: Works well in trending markets (e.g., forex, crypto, stocks) where the dynamic trend line can capture sustained price movements. The VWAP filter helps align signals with the daily trend, making it effective for assets with clear daily biases.
Trading Strategy:
Buy: Enter a long position when a green triangle (buy signal) appears, indicating the price has crossed above the trend line and is above the daily VWAP.
Sell: Enter a short position (or exit a long) when a red triangle (sell signal) appears, indicating the price has crossed below the trend line and is below the daily VWAP.
Use the trend line and VWAP as dynamic support/resistance levels to set stop-losses or take-profit targets.
Backtesting: Use TradingView’s strategy tester to evaluate the indicator’s performance on your chosen market and timeframe, adjusting parameters like cooldown_bars and volatility_mult to optimize for profitability.
Example
On a 4-hour SOLUSDT chart, the DTI with VWAP Filter might show:
An uptrend with the price above the green trend line and above the daily VWAP, generating buy signals as the price continues to rise.
A downtrend where the price falls below the red trend line and the daily VWAP, generating sell signals that align with the bearish daily bias.
During choppy periods, the cooldown mechanism and VWAP filter reduce false signals, ensuring trades are taken only when the price aligns with the daily trend.
Limitations
Lagging Nature: Like all trend-following indicators, the DTI may lag during sharp price reversals, as the dynamic EMA needs time to adjust.
Ranging Markets: While the VWAP filter and cooldown mechanism reduce whipsaws, the indicator may still generate some false signals in strongly ranging markets. Combining it with a trend strength filter (e.g., ADX) can help.
VWAP Dependency: The effectiveness of the VWAP filter depends on the market’s respect for the daily VWAP as a support/resistance level. In markets with low volume or erratic price action, the VWAP may be less reliable.
Potential Improvements
VWAP Buffer: Add a percentage buffer around the VWAP (e.g., require the price to be 1% above/below) to further reduce noise.
Multi-Timeframe VWAP: Incorporate a weekly VWAP for additional trend confirmation on longer timeframes.
Trend Strength Filter: Add an ADX filter to ensure signals are generated only during strong trends (e.g., ADX > 25).
TimeMapTimeMap is a visual price-reference indicator designed to help traders rapidly visualize how current price levels relate to significant historical closing prices. It overlays your chart with reference lines representing past weekly, monthly, quarterly (3-month), semi-annual (6-month), and annual closing prices. By clearly plotting these historical price references, TimeMap helps traders quickly gauge price position relative to historical market structure, aiding in the identification of trends, support/resistance levels, and potential reversals.
How it Works:
The indicator calculates the precise number of historical bars corresponding to weekly, monthly, quarterly, semi-annual, and annual intervals, dynamically adjusting according to your chart’s timeframe (intraday, daily, weekly, monthly) and chosen market type (Stocks US, Crypto, Forex, or Futures). Historical closing prices from these periods are plotted directly on your chart as horizontal reference lines.
For intraday traders, the script accurately calculates historical offsets considering regular and extended trading sessions (e.g., pre-market and after-hours sessions for US stocks), ensuring correct positioning of historical lines.
User-Configurable Inputs Explained in Detail:
Market Type:
Allows you to specify your trading instrument type, automatically adjusting calculations for:
- Stocks US (default): 390 minutes per regular session (780 minutes if extended hours enabled), 5 trading days/week.
- Crypto: 1440 minutes/day, 7 trading days/week.
- Forex: 1440 minutes/day, 5 trading days/week.
- Futures: 1320 minutes/day, 5 trading days/week.
Show Weekly Close:
When enabled, plots a line at the exact closing price from one week ago. Provides short-term context and helps identify recent price momentum.
Show Monthly Close:
When enabled, plots a line at the exact closing price from one month ago. Helpful for evaluating medium-term price positioning and monthly trend strength.
Show 3-Month Close:
When enabled, plots a line at the exact closing price from three months ago. Useful for assessing quarterly market shifts, intermediate trend changes, and broader market sentiment.
Show 6-Month Close:
When enabled, plots a line at the exact closing price from six months ago. Useful for identifying semi-annual trends, significant price pivots, and longer-term support/resistance levels.
Show 1-Year Close:
When enabled, plots a line at the exact closing price from one year ago. Excellent for assessing long-term market direction and key annual price levels.
Enable Smoothing:
Activates a Simple Moving Average (SMA) smoothing of historical reference lines, reducing volatility and providing clearer visual references. Recommended for traders preferring less volatile reference levels.
Smoothing Length:
Determines the number of bars used in calculating the SMA smoothing of historical lines. Higher values result in smoother but slightly delayed reference lines; lower values offer more immediate yet more volatile levels.
Use Extended Hours (Intraday Only):
When enabled (only applicable for Stocks US), it accounts for pre-market and after-hours trading sessions, providing accurate intraday historical line calculations based on extended sessions (typically 780 minutes/day total).
Important Notes and Compliance:
- This indicator does not provide trading signals, recommendations, or predictions. It serves purely as a visual analytical tool to supplement traders’ existing methods.
- Historical lines plotted are strictly based on past available price data; the indicator never accesses future data or data outside the scope of Pine Script’s standard capabilities.
- The script incorporates built-in logic to avoid runtime errors if insufficient historical data exists for a selected timeframe, ensuring robustness even with limited historical bars.
- TimeMap is original work developed exclusively by Julien Eche (@Julien_Eche). It does not reuse or replicate third-party or existing open-source scripts.
Recommended Best Practices:
- Use TimeMap as a complementary analytical reference, not as a standalone strategy or trade decision-making tool.
- Adapt displayed historical periods and smoothing settings based on your trading style and market approach.
- Default plot colors are optimized for readability on dark-background charts; adjust as necessary according to your preference and chart color scheme.
This script is published open-source to benefit the entire TradingView community and fully complies with all TradingView script publishing rules and guidelines.
PriorHourRangeLevels_v0.1PriorHourRangeLevels_v0.1
Created by dc_77 | © 2025 | Mozilla Public License 2.0
Overview
"PriorHourRangeLevels_v0.1" is a versatile Pine Script™ indicator designed to help traders visualize and analyze price levels based on the prior hour’s range. It overlays key levels—High, Low, 75%, 50% (EQ), and 25%—from the previous hour onto the current price chart, alongside the current hour’s opening price. With customizable display options and time zone support, it’s ideal for intraday traders looking to identify support, resistance, and breakout zones.
How It Works
Hourly Reset: The indicator detects the start of each hour based on your chosen time zone (e.g., "America/New_York" by default).
Prior Hour Range: It calculates the High and Low of the previous hour, then derives three additional levels:
75%: 75% of the range above the Low.
EQ (50%): The midpoint of the range.
25%: 25% of the range above the Low.
Current Hour Open: Displays the opening price of the current hour.
Projection: Lines extend forward (default: 24 bars) to project these levels into the future, aiding in real-time analysis.
Alerts: Triggers alerts when the price crosses any of the prior hour’s levels (High, 75%, EQ, 25%, Low).
Key Features
Time Zone Flexibility: Choose from options like UTC, New York, Tokyo, or London to align with your trading session.
Visual Customization:
Toggle visibility for each level (High, Low, 75%, EQ, 25%, Open, and Anchor).
Adjust line styles (Solid, Dashed, Dotted), colors, and widths.
Show or hide labels with adjustable sizes (Tiny, Small, Normal, Large).
Anchor Line: A vertical line marks the start of the prior hour, with optional labeling.
Alert Conditions: Set up notifications for price crossings to catch key moments without watching the chart.
Usage Tips
Use the High and Low as potential breakout levels, while 75%, EQ, and 25% act as intermediate support/resistance zones.
Trend Confirmation: Watch how price interacts with the EQ (50%) level to gauge momentum.
Session Planning: Adjust the time zone to match your market (e.g., "Europe/London" for FTSE trading).
Projection Offset: Extend or shorten the lines (via "Projection Offset") based on your chart timeframe.
Inputs
Time Zone: Select your preferred market time zone.
Anchor Settings: Show/hide the prior hour start line, style, color, width, and label.
Level Settings: Customize visibility, style, color, width, and labels for Open, High, 75%, EQ, 25%, and Low.
Display: Set projection length and label size.
HILo Ema Squeeze BandsThis indicator combines uses ema to identify price squeeze before a big move.
The ema gets initialised at new high low. It used 3 ema's lengths. For result use x, 2x ,4x ie 50, 100, 200 or 100,200,400 and so on . On more volatile asset use a higher settings like 100,200,400. The inner band is divided into 4 zones, which can give support resistance. As you use it you will become aware of subtle information that it can give at times. Like you may be able to find steps at which prices move, when the market is trending
Just like in Bollinger bands, in a trending market the price stays within sd=1 and sd=2 so does in the inner band the price will remain in band1 and band2. But Bollinger band cannot print steps this indicator shows steps
BCVC - Volume & Big Candle ColorThe BCVC (Volume & Big Candle Color) indicator helps traders identify significant price movements accompanied by unusual volume activity. By dynamically coloring bars based on volume spikes and candle size, it highlights potential momentum shifts, breakouts, or reversals. This tool is ideal for traders who want to:
Spot institutional buying/selling activity.
Confirm trend strength using volume and price volatility.
Filter noise by focusing on high-impact bars.
Key Features
Volume Spike Detection:
Compares current volume to a moving average (EMA) of volume.
Highlights bars where volume exceeds the average by a user-defined multiplier.
Big Candle Detection:
Identifies bars with a range (high-low) larger than the historical average range (EMA of candle ranges).
Thresholds for "big candles" are customizable.
Color-Coded Logic:
White Bars: High volume + Big candle + Bullish (close > open).
Orange Bars: High volume + Big candle + Bearish (close < open).
Blue Bars: High volume + Regular candle + Bullish.
Maroon Bars: High volume + Regular candle + Bearish.
Input Parameters
Volume Settings:
Volume Period: EMA length for average volume calculation (default: 20).
Volume Multiplier: Threshold multiplier for volume spikes (e.g., 1.25 = 25% above average).
Candle Size Settings:
Lookback Period: EMA length for average candle range (default: 7).
Big Candle Multiplier: Threshold multiplier for large candles (e.g., 1.3 = 30% above average range).
How It Works
Volume Analysis:
The indicator calculates an EMA of volume over the specified period.
If the current bar’s volume exceeds Average Volume × Volume Multiplier, it’s flagged as a high-volume bar.
Candle Range Analysis:
The average candle range (high-low) is calculated using an EMA over the lookback period.
A "big candle" is identified when the current bar’s range exceeds Average Range × Big Candle Multiplier.
Combined Signals:
High-volume bars are colored based on whether they are bullish/bearish and whether their range exceeds the big-candle threshold.
Example: A white bar (high volume + big candle + bullish) suggests strong buying pressure with institutional participation.
Usage Scenarios
Breakout Confirmation: A white/orange bar at a support/resistance level may validate a breakout.
Reversal Signals: A maroon/orange bar after a long trend could indicate exhaustion and potential reversal.
Trend Strength: Clusters of blue/white bars during uptrends (or maroon/orange in downtrends) confirm momentum.
Benefits
Visual Clarity: Instantly spot high-impact bars without manually scanning volume or candle size.
Customizable Sensitivity: Adjust multipliers to filter noise (e.g., increase for fewer signals).
Universal Application: Works on all timeframes and instruments (stocks, forex, crypto).
Notes
Best Paired With: Trendlines, support/resistance levels, or momentum oscillators (e.g., RSI).
Avoid False Signals: Use higher multipliers (e.g., 1.5) on lower timeframes to reduce noise.
Target 0.5%This indicator plots two lines relative to the current closing price:
Top Line (Red): Placed above the closing price by a user-defined percentage (default is 0.5%), representing a potential resistance or target level.
Bottom Line (Green): Placed below the closing price by the same percentage, representing a potential support level.
Each line is labeled on the latest bar with its corresponding price, making it easier to visualize key price levels. This tool can be helpful for setting price targets, identifying support/resistance zones, and managing risk in your trading strategy.
FTB Smart Trader System — Market Maker Levels, EMAs & VectorsThe FTB Trade Engine is an indicator suite I built for myself as a crypto trader. It's designed specifically for trading Institution levels, EMAs, PVSRA Volume Candles, and Session Timings. It helps me spot high probability trade setups without overcomplicating things.
🔑 Features of this Indicator
📌 🔥 Key Session Levels (extend lines in settings as needed)
✅ Weekly High & Low (HOW/LOW) — Automatically plots the previous week's high and low
✅ Daily High & Low (HOD/LOD) — Marks the prior day's range
✅ Asia Session High & Low — Plots the Asian session’s high and low, helping you detect potential breakouts or fakeouts, as Asia often sets the initial high and low of the day.
✅ 50% Asia Level — Automatically calculates and displays the midpoint between Asia’s high and low, an important level for intraday trading.
📌 🔥 Advanced EMA Suite
✅ Includes 10, 20, 50, 200, and 800 EMAs — providing key zones of support, resistance, and trend direction.
👀 Good to know: the break of the 50EMA WITH a vector candle is significant for reversals.
📌 🔥 PVSRA Candles
(👀 IMPORTANT: To properly view PVSRA candles, make sure to UNCHECK all default candle settings — Color Bars, Body, Borders, and Wick — in your chart's candle settings.)
✅ Price, Volume, Support & Resistance Analysis (PVSRA) Candles — These special candles combine price action with volume analysis, color-coded to highlight areas potentially influenced by market makers, institutions, and large players. Perfect for identifying key volume zones and quickly analyzing any coin or pair without switching tools.
Candle Colors Explained:
Bullish Candles:
🟢 Green — 200% increase in volume on bullish moves (strong buyer presence).
🔵 Blue — 150% increase in bullish volume, but may also indicate fatigue or possible reversal.
⚪ White — Normal bullish volume (standard green candles).
Bearish Candles:
🔴 Red — 200% increase in bearish volume compared to the last 10 candles (strong selling).
🟣 Magenta — 150% increase in bearish volume, signaling possible continuation or exhaustion.
⚫ Gray — Normal bearish volume (standard red candles).
Ehlers Instantaneous Trendline ATR LevelsOverview
This sophisticated technical analysis tool merges John Ehlers' cutting-edge Instantaneous Trendline methodology with a dynamic ATR-based bands system. The indicator is designed to provide traders with a comprehensive view of market trends while accounting for volatility, making it suitable for both trending and ranging markets. Works on all timeframes and chart types.
Key Features in Detail
1. Ehlers Instantaneous Trendline Implementation
- Advanced algorithm that reduces lag typically associated with moving averages
- Built-in volatility filtering system to minimize false signals
- Adaptive to market conditions through dynamic calculations
- Real-time trend direction identification
2. Multi-layered ATR Band System
- Hierarchical band structure with 18 total bands (9 upper, 9 lower)
- Color-coded visualization system:
Upper bands: Red gradient (darker = further from trendline)
Lower bands: Green gradient (darker = further from trendline)
Central trendline: Yellow for optimal visibility
- Customizable multipliers for each band level
- Independent visibility controls for each band
Configuration Options
Trendline Settings:
- Lower values: More responsive to price changes and faster reacting to break in ATR filter
- Higher values: Smoother trendline with less noise and slower reacting to break in ATR filter
ATR Configuration:
Period: Customizable from 1 to any positive integer
- Longer periods: More stable volatility measurement
- Shorter periods: More reactive to recent volatility changes
Filter Multiplier: Fine-tune volatility filtering
- Higher values: More filtered signals leading to less shift in bands
- Lower values: More sensitive to price movements leading to more band shifts
Practical Applications
1. Trend Analysis
Use the central trendline for primary trend direction
Monitor band crossovers for trend strength confirmation
Track price position relative to bands for trend context
2. Volatility Assessment
Band spacing indicates current market volatility
Width between bands helps identify consolidation vs. expansion phases
Price Extremes
3. Support and Resistance
Each band acts as a dynamic support/resistance level
Multiple timeframe analysis possible adjusting for different timeframe ATR
TJR SEEK AND DESTROYTJR SEEK AND DESTROY – Intraday ICT Trading Tool
Built for day traders, TJR SEEK AND DESTROY combines Smart Money concepts like order blocks, fair value gaps, and liquidity sweeps with structure breaks and daily bias to pinpoint high-probability trades during US market hours (9:30–16:00). Ideal for scalping or intraday strategies on stocks, futures, or forex.
What Makes It Unique?
Unlike standalone ICT indicators, this script integrates:
Order Blocks with volume and range filters for precise support/resistance zones.
Fair Value Gaps (FVG) to spot pre-market price imbalances.
Break of Structure (BOS) and Liquidity Sweeps for trend and reversal signals.
A 1H MA-based Bias to align trades with the day’s direction.
BUY/SELL Labels triggered only when bias, BOS, and sweeps align, reducing noise.
How Does It Work?
Order Blocks: Marks zones with high volume (>1.5x 20-period SMA) and low range (<0.5x ATR20) as teal boxes—potential reversal points.
Fair Value Gap: Compares the prior day’s close to the current open (pre- or post-9:30), shown as a purple line and label (e.g., "FVG: 0.005").
Pivot Point: Calculates (prevHigh + prevLow + prevClose) / 3 from the prior day, plotted as an orange line for equilibrium.
Break of Structure: Detects crossovers of 5-bar highs/lows (gray lines), marked with red triangles.
Liquidity Sweeps: Tracks breaches of the prior day’s high/low (yellow lines), marked with yellow triangles.
Daily Bias: Uses 1H close vs. 20-period MA (blue line) for bullish (green background), bearish (red), or neutral (gray) context.
Signals: BUY (green label) when bias is bullish, price breaks up, and sweeps the prior high; SELL (red label) when bias is bearish, price breaks down, and sweeps the prior low.
How to Use It
Setup: Apply to 1M–15M charts for US session trading (9:30–16:00 EST).
Trading:
Wait for a BUY label after a yellow sweep triangle above the prior day’s high in a green (bullish) background.
Wait for a SELL label after a yellow sweep triangle below the prior day’s low in a red (bearish) background.
Use order blocks (teal boxes) as support/resistance for stop-loss or take-profit.
Markets: Best for SPY, ES futures, or forex pairs with US session volatility.
Underlying Concepts
Order Blocks: High-volume, low-range bars suggest institutional activity.
FVG: Gaps between close and open indicate imbalance to be filled.
BOS & Sweeps: Price breaking key levels signals momentum or stop-hunting.
Bias: 1H MA filters trades by broader trend.
Chart Setup
Displays order blocks (teal boxes), pivot (orange), open (purple), bias (colored background), BOS/sweeps (triangles), and signals (labels). Keep other indicators off for clarity.
Advanced Session Profile Predictor with SR Boxes & ORAdvanced Session Profile Predictor with Momentum Arrows
Designed for intraday traders, this indicator analyzes price action across Asia, London, and New York sessions to predict market profiles and highlight key trading opportunities. By combining session-based profiling, Opening Range (OR) visualization, and momentum signals from Traders Dynamic Index (TDI), it offers a unique tool for anticipating trends, reversals, and breakouts. Ideal for forex, indices, and crypto on 15M–1H charts.
What Makes This Indicator Unique?
Unlike typical session indicators that only mark time zones or standard TDI scripts that focus on momentum, this tool:
Predicts market profiles (e.g., "Trend Continuation," "NY Manipulation") by analyzing session ranges and directional moves, offering actionable insights into how sessions interact.
Visualizes Opening Range (OR) boxes for the first 15 minutes of each session, helping traders spot early breakout levels.
Integrates TDI with momentum to generate precise bullish/bearish arrows, filtered by session context for improved reliability.
Simplifies decision-making with dynamic profile labels showing real-time long/short conditions based on price levels.
How Does It Work?
Session Tracking:
Asia (00:00–08:00 UTC, yellow), London (08:00–16:00 UTC, red), and New York (13:00–21:00 UTC, blue) sessions are highlighted with background colors and high/low lines (crosses).
OR boxes (first 15 minutes) are drawn for each session: yellow for Asia, red for London, blue for NY.
Profile Prediction:
Compares Asia and London session ranges and directions (e.g., trending if range > 1.5x 5-period SMA).
Examples:
Trend Continuation: Asia and London trend in the same direction—long above Asia high (uptrend) or short below Asia low (downtrend).
NY Manipulation: Asia trends, London consolidates—watch for NY breakouts at London high/low.
Displays the predicted profile and entry conditions in labels (e.g., "IF price hits 1.2000 LONG").
Momentum Arrows:
Uses TDI (RSI period 21, bands 34, fast MA 2) and 12-period momentum.
Green up arrow: Fast MA > upper band (>68) and momentum rising (bullish).
Red down arrow: Fast MA < lower band (<32) and momentum falling (bearish).
Support/Resistance (SR):
Plots dynamic SR boxes based on pivot highs/lows, filtered by volume (inspired by ChartPrime’s methodology, credited below).
How to Use It
Setup: Apply to a 15M–1H chart. Adjust time zone (default: UTC) and session times if needed. Customize TDI/momentum settings for sensitivity.
Trading:
Check the top-right labels for the current profile and entry conditions (e.g., "IF price hits LONG/SHORT").
Confirm entries with green up arrows (bullish) or red down arrows (bearish).
Use OR boxes and session high/low lines to identify breakout or reversal levels.
Example: In "NY Manipulation," wait for price to hit London high (long) or low (short) during NY session, confirmed by an arrow.
Best Markets: Forex (EUR/USD), indices (SPX500), crypto (BTC/USD) with sufficient intraday volatility.
Underlying Concepts
Session Profiling: Detects trends (range > SMA * threshold) and manipulation (e.g., London breaking Asia’s high/low) to predict NY behavior.
OR Boxes: Marks the first 15 minutes’ high/low as a breakout zone (time-based, 900,000 ms).
TDI + Momentum: Combines RSI-based bands with price change (close – close ) for momentum signals.
SR Boxes: Identifies pivots over a lookback period (default 20), scaled by ATR and filtered by volume thresholds.
Credits
The SR box logic is inspired by ChartPrime’s volume-filtered support/resistance methodology, adapted with custom breakout/hold detection. Original authors are credited for their foundational work.
Chart Setup
Displays session backgrounds, OR boxes, high/low lines, TDI arrows, and profile labels. Keep other indicators off for clarity.
Inverse FVG with Quadrants [Modified]# Inverse FVG with Quadrants
*Modified version of original indicator by **tradeforopp**
## Overview
This advanced Fair Value Gap (FVG) indicator identifies both regular and inverse fair value gaps with precision, displaying them in a visually intuitive quadrant-based system. The enhanced version now features automatic timeframe selection that aligns higher timeframe FVGs with your current chart period for multi-timeframe analysis.
## Key Features
### 🔹 Fair Value Gap Detection
- **Regular FVGs**: Identifies traditional bullish and bearish fair value gaps
- **Inverse FVGs**: Automatically detects and displays inverse fair value gaps when price closes through a regular FVG
- **Quadrant Display**: Shows only the relevant half of each FVG for cleaner visual analysis (upper quadrant for bullish patterns, lower quadrant for bearish)
### 🔹 Smart Timeframe Management
- **Auto Timeframe Selection**: Automatically selects the appropriate higher timeframe based on your current chart:
- 1min → 15min
- 3min → 30min
- 5min → 1h
- 15min → 4h
- 1h → Daily
- 4h → Weekly
- **Manual Override**: Optional manual timeframe selection still available
### 🔹 Visual Customization
- Adjustable colors for both regular and inverse FVGs
- Optional box extension
- Customizable display limits to prevent chart clutter
- Session filtering capabilities
### 🔹 Trading Signals
- FVGs provide potential support/resistance zones and price targets
- Inverse FVGs offer confirmation of trend continuation or reversal
- Alert conditions for new FVG creation, regular FVG, and inverse FVG events
## How to Use
1. Apply the indicator to your chart
2. Enable "Auto Timeframe Selection" for multi-timeframe analysis (recommended)
3. Adjust displacement settings to filter for more significant FVGs
4. Use regular FVGs as potential zones where price may return to fill the gap
5. Watch for inverse FVGs as confirmation signals when price breaks through regular FVGs
This refined indicator combines powerful FVG analysis with automatic timeframe alignment to provide traders with clear, actionable insights across multiple timeframes. Perfect for both intraday traders and swing traders looking for high-probability entry and exit points.
Credits to @tradeforopp for creating the original version of this indicator. This is a modified version with enhanced features while preserving the core functionality.
## Tips
- Blue boxes (FVG+) indicate bullish fair value gaps (potential support)
- Red boxes (FVG-) indicate bearish fair value gaps (potential resistance)
- When price closes through an FVG, watch for the inverse FVG as a confirmation signal
- Use the dashed centerline as a potential target within each FVG
Liquidity Depth [AlgoAlpha]OVERVIEW
This script visualizes market liquidity by identifying key price levels where significant volume has transacted. It highlights zones of high buying and selling interest, helping traders understand where liquidity is accumulating and how price may respond to these areas. By dynamically tracking volume at highs and lows, the script builds a real-time liquidity profile, making it a powerful tool for identifying potential support and resistance levels.
CONCEPTS
Liquidity depth analysis helps traders determine how price interacts with supply and demand at different levels. The script processes historical volume data to distinguish between high-liquidity and low-liquidity zones. It assigns transparency levels to plotted lines , ensuring that more relevant liquidity areas stand out visually. The script adds a profile to show the depth of liquidity (derived from historical volume data) for levels above and below the current price
FEATURES
Liquidity Levels: Tracks liquidity levels based on volume concentration at price high and lows.
Volume-Based Transparency: More significant liquidity levels are displayed with higher visibility, showing their significance.
Interpolation: interpolates the bullish and bearish liquidity depth at a user defined range away from the price, helping in comparing the liquidity amounts between bullish and bearish.
Depth Profile: Allows traders to visualize depth of liquidity in a more quantitative and clearer way than the liquidity levels/list]
USAGE
This indicator is best used to track liquidity levels and potential price reaction areas. Traders can adjust the Liquidity Lookback setting to analyze past liquidity levels over different historical periods. The Profile Resolution setting controls the granularity of liquidity depth visualization, with higher values providing more detail. The script can be applied across different timeframes, from intraday scalping to swing trading analysis. The plotted liquidity zones provide traders with insights into where price may encounter strong support, resistance, or potential liquidity-driven reversals.
AVWAP Band✨ AVWAP Band by Mars ✨
The AVWAP Band indicator eliminates the guesswork of selecting multipliers for your VWAP analysis. Instead of using arbitrary deviations, this indicator provides three distinct VWAP lines calculated from different price points - giving you a complete VWAP band with just one tool.
What Makes This Different From Standard VWAP
Traditional VWAP indicators use multipliers (1.0, 2.0, 3.0) which require constant adjustment across different markets and timeframes. The AVWAP Band simplifies this by using natural price points:
Low-based VWAP (green) - acts as support
High-based VWAP (red) - acts as resistance
HL2-based VWAP (gray) - acts as the centerline
Key Features
Reduces cognitive load - no more guessing which multiplier to use
User-selected anchor point (click to set date)
Customizable colors and line styles
Built-in alerts for all crossover/crossunder events
Visual anchor point marker
How To Use It
After adding the indicator to your chart, you have to click on your anchor point
Watch for price reactions at each VWAP line
Look for crossovers between price and the different VWAPs
Use the HL2 VWAP as a centerline to determine overall bias
Trading Applications
Support/Resistance levels for intraday trading
Mean-reversion signals when price touches band extremes
Trend confirmation when price holds above/below centerline
Range identification between upper and lower bands
Volatility assessment based on band width
Customization Options
Toggle each VWAP line individually
Adjust line colors to match your chart theme
Control line width and transparency
Enable/disable anchor point label
This indicator simplifies VWAP analysis by giving you natural price-based bands without the need to adjust multipliers across different markets. The high, low, and HL2 sources create a complete VWAP picture with just one tool.
VIDEO
Feedback and suggestions welcome!
MTF Round Level Reversal [RunRox]🧲 MTF Round Level Reversal is an indicator designed to highlight price levels on the chart where the market encountered significant resistance or support at round numbers, failing to break through large clusters of orders.
In many cases, price revisits these round-number levels to absorb the remaining liquidity, offering potential reversal or continuation trade opportunities.
✏️ EXAMPLE
Here’s an example demonstrating how this indicator works and how its logic is structured:
As shown in the screenshot above, price encountered resistance at round-number levels, clearly reacting off these areas.
Afterward, the market pulled back, presenting opportunities to enter trades targeting these previously established open levels.
This logic is based on the observation that price often seeks to revisit these open round-number levels due to the residual liquidity resting there.
While effective across various markets, this indicator performs particularly well with stocks or assets priced at higher values.
For a level to appear on the chart, price must first encounter a round-number value and clearly reverse from it, leaving a visible reaction on the chart. After this occurs, the indicator will mark this level as fully formed and display it as an active reversal area.
⚙️ SETTINGS
🔷 Timeframe – Choose any timeframe from which you’d like the indicator to source level data.
🔷 Period – Defines the number of candles required on both sides (left and right) to confirm and fully form a level.
🔷 Rounding Level – Adjusts price rounding precision when detecting levels (from 0.0001 up to 5000).
🔷 Color – Customize the color and transparency of displayed levels.
🔷 Line Style – Select the desired line style for level visualization.
🔷 Label Size – Set the font size for the level labels displayed on the chart.
🔷 Move Label to the Right – Move level labels to the right side of the screen for better visibility.
🔷 Label Offset – Specifies how many bars labels should be offset from the chart’s right edge.
🔷 Delete Filled Level – Automatically removes levels from the chart after they’ve been revisited or filled.
🔷 Calculation Bars – Determines the number of recent bars considered when calculating and identifying levels.
🔶 There are numerous ways to apply this indicator in your trading strategy. You can look for trades targeting these round-number levels or identify reversal setups forming at these high-liquidity zones. The key insight is understanding that these levels represent significant liquidity areas, which price frequently revisits and retests.
We greatly appreciate your feedback and suggestions to further improve and enhance this indicator!
Smoothed EMA LinesThe "Smoothed EMA Lines" script is a technical analysis tool designed to help traders identify trends and potential support/resistance levels in financial markets. The script plots exponential moving averages (EMAs) of the closing price for five commonly used time periods: 8, 13, 21, 55, and 200.
Key features of the script include:
Overlay: The EMAs are plotted directly on the price chart, making it easy to analyze the relationship between the moving averages and price action.
Smoothing: The script applies an additional smoothing function to each EMA, using a simple moving average (SMA) of a user-defined length. This helps to reduce noise and provide a clearer picture of the trend.
Customizable lengths: Users can easily adjust the length of each EMA and the smoothing period through the script's input parameters.
Color-coded plots: Each EMA is assigned a unique color (8: blue, 13: green, 21: orange, 55: red, 200: purple) for easy identification on the chart.
Traders can use the "Smoothed EMA Lines" script to:
Identify the overall trend direction (bullish, bearish, or neutral) based on the arrangement of the EMAs.
Spot potential support and resistance levels where the price may interact with the EMAs.
Look for crossovers between EMAs as potential entry or exit signals.
Combine the EMA analysis with other technical indicators and price action patterns for a more comprehensive trading strategy.
The "Smoothed EMA Lines" script provides a clear, customizable, and easy-to-interpret visualization of key exponential moving averages, helping traders make informed decisions based on trend analysis.
200 EMA AlertHow It Works:
The 200 EMA calculates the average price over the last 200 periods, giving more weight to recent price movements for a smoother and more responsive trend line.
It helps traders determine whether the market is in a bullish (above 200 EMA) or bearish (below 200 EMA) phase.
Why Traders Use the 200 EMA:
✅ Trend Confirmation – If the price is above the 200 EMA, the trend is bullish; if below, the trend is bearish.
✅ Dynamic Support & Resistance – Price often reacts around the 200 EMA, making it a key level for entries and exits.
✅ Works on All Timeframes – Whether on the 1-minute chart or the daily timeframe, the 200 EMA is effective for scalping, swing trading, and long-term investing.
✅ Easy to Combine with Other Indicators – Traders pair it with RSI, MACD, or price action for stronger confirmation.
How to Use It in Trading:
📌 Trend Trading – Buy when price pulls back to the 200 EMA in an uptrend; sell when price retests it in a downtrend.
📌 Breakout Strategy – A strong candle breaking above/below the 200 EMA signals a possible trend reversal.
📌 Filtering Trades – Many traders only take long trades above and short trades below the 200 EMA to align with the overall market trend.
Conclusion:
The 200 EMA is an essential indicator for traders of all levels, offering clear trend direction, strong support/resistance zones, and trade filtering for better decision-making. Whether you're trading forex, stocks, or crypto, mastering the 200 EMA can give you a significant edge in the markets. 🚀📈
Trend Vanguard StrategyHow to Use:
Trend Vanguard Strategy is a multi-feature Pine Script strategy designed to identify market pivots, draw dynamic support/resistance, and generate trade signals via ZigZag breakouts. Here’s how it works and how to use it:
ZigZag Detection & Pivot Points
The script locates significant swing highs and lows using configurable Depth, Deviation, and Backstep values.
It then connects these pivots with lines (ZigZag) to highlight directional changes and prints labels (“Buy,” “Sell,” etc.) at key turning points.
Support & Resistance Trendlines
Pivot highs and lows are used to draw dashed S/R lines in real-time.
When price crosses these lines, the script triggers a breakout signal (long or short).
EMA Overlays
Up to four EMAs (with customizable lengths and colors) can be overlaid on the chart for added trend confirmation.
Enable/disable each EMA independently via the settings.
Repaint Option
Turning on “Smooth Indicator Lines” (repaint) uses future data to refine past pivots.
This can make historical signals look cleaner but does not reflect true historical conditions.
Turning it off ensures signals remain fixed once they appear.
Strategy Entries & Exits
On each new ZigZag “Buy” or “Sell” signal, the script closes any open position and flips to the opposite side (if desired).
Works with the built-in TradingView Strategy engine for backtesting.
Additional Inputs (Placeholders)
Volume Filter and RSI Filter settings exist but are not fully implemented in the current code. Future versions may incorporate these filters more directly.
How to Use
Add to Chart: Click “Indicators” → “Invite-Only Scripts” (or “My Scripts”) and select “Trend Vanguard Strategy.”
Configure Settings:
Adjust ZigZag Depth, Deviation, and Backstep to fine-tune pivot sensitivity.
Enable or disable each EMA to see how it aligns with market trends.
Toggle “Smooth Indicator Lines” on or off depending on whether you want repainting.
Backtest and Forward Test:
Use TradingView’s “Strategy Tester” tab to review hypothetical performance.
Remember that repainting can alter past signals if enabled.
Monitor Live:
Watch for breakout triangles or ZigZag labels to identify potential reversal or breakout trades in real time.
Disclaimer: This script is purely educational and not financial advice. Always combine it with sound risk management and thorough analysis. Enjoy exploring the script, and feel free to experiment with the different settings to match your trading style!
