Svl - Trading System

kelmarin

Price can tell lies but volume cannot, so keeping this in mind I have created this indicator in which you see sell order block and buy order block on the basis of price action + volume through which we execute our trade

First of all, let us know its core concepts and logic, which will help you in taking the right decisions in it.

core concept of the "Svl - Trading System" TradingView indicator is based on professional price action, volume, and swing structure. This indicator smartly gives real-time insights of important price turning points, reversal zones, and trend continuation. Its deep explanation is given below.

Edit - default swing length -5 , change according your nature , tested With 7 For 5 minute timeframe

Core Concept:
1. Swing Structure Detection
The indicator automatically detects swing highs (HH/LH) and swing lows (HL/LL) on the chart.

HH: Higher High

HL: Higher Low

LH: Lower High

LL: Lower Low

These swings are the backbone of price action – signaling a change in trend, a bounce, reversal or trend continuation.

2. Order Block (OB) Mapping
Buy Order Block (Buy OB): When the indicator detects the HL/LL swing, we declare Buy OB, the lowest point of the swing.

Sell ​​Order Block (Sell OB): On HH/LH swing, the highest point of our swing is called Sell OB.

Order Blocks are those important zones of price where historically price has reacted strongly – where major clusters of buyers/sellers are located in the market.

3. Volume Analysis (Optional Dashboard/Barcolor)
The candle color depends on the volume ranking on the chart (most high/low, normal, pressure blue shade).

Highest/lowest volume candles are a special highlight, which helps to spot liquidity spikes, exhaustion, or big orders.

4. Live Dashboard
There is an automated dashboard in the top-right of the chart, which shows this in real-time:

Last swing type (HH/HL/LH/LL)

Reversal price (last swing level)

Swing direction (Bull/Bear/Neutral)

Volume, Buy OB, Sell OB, etc.

This helps the trader understand the market situation at a glance.

5. Smart Plotting/Labels
Buy/Sell are plotted as distinct lines on the OB chart.

The Labels option gives clear visual swing points.

All calculations are fast and automated – the user does not need to mark manually.

This indicator is an advanced, fully-automated price action tool that combines

trend, reversal, volume, liquidity and zone detection in one smart system,

makes entry/exit decisions objective and error-free,

and provides complete trading confidence with a live monitor/dashboard.

All of its functions/properties such as: swing detect, OB plot, volume color, dashboard follow best practice for professional chart analysis!

semalam

Nota Keluaran

add volume new logic functions
add liquidity zone range

Last time we understood how to take trade with help of this indicator, how it works and I also told you about it in the chart, today we will talk about its dashboard, how you can take good profitable trade with its help.

First of all, let us know how dashboard features work, this will make it easier for you to take trades.

Swing – It tells you from Dow Jones theory whether last swing of the market is bullish or bearish and it helps you to understand Current Trend Structure. It may be different on every time frame but if you want to trade on price action + volume basis then it will be useful for you to predict market trend.

Reversal price - Reversal price tells you last time market reversed from where it was last seen. This lets you know whether trend is bullish or bearish after that. Also, if you use order block and liquidity hunting techniques, you can set your target as well.

Swing Dir - Now coming to swing direction, it is based on swing structure and price behavior. You can read its calculation in my description, it tells you direction of the current trend

Ok, till now we have talked about price action but it is also based on volume and you will get best trades and entries through this.

Vol vs prev - This section tells you volume of the current candle and previous candle behavior. This section tells you the difference between volume of current candle and volume of previous candle. This allows you to analyze each candle to see which way the market sentiment is stronger.

Volume - Ok, now to analyze Vol vs Pre in more depth, you have the Volume section. It not only tells you volume number but also tells you in which direction live volume is going, for example, if it is a buy, it will be shown in green and if it is a sell, it will be shown in red. With this, you will be able to catch fake signals with help of candle behavior and volume, that too very quickly, because whenever there is liquidity hunting, in that case, if you use it, you will not be panic and will be able to take right decision.

We have already discussed about Buy OB and Sell OB, so we will not talk about this, if you want to know then you can see description where I have told you how to use it and how it is calculated.

Liquidity Zone - Ok, if you take liquidity based trades then this is going to be very useful for you. It tells you volume + price action based liquidity zone where there is a lot of volume. But market will go here in very rare conditions. But when it goes, you may see good momentum because its calculation is done on the highest volume behavior. then in that case we can understand that it could be some smart money.

I try to give you as many necessary indicators as possible for any trading style so that you can focus only on your trade entry or exit. One user wrote that why do you tell everything on dashboard, so I believe that your chart should be as clear as possible. Indicators are just to help you to take the right decision. The real game is about your mindset and discipline.

Thanks for using indicator and happy trading

4 jam lalu

Nota Keluaran

1. Auto Buy/Sell Signal
2. Add Dynamic Multi Time Frame Analyze
3. Add Pattern And Volume Based Trendline ( Experiment) Please share Your opinion and suggestion for better improvement
4. Two New Candle Highlight For better Trade Decision
5. optimize and update dashboard for multi confirmation without and minimum false value.

Detailed Guide :-
1. Auto Buy/Sell Signal
Some indicator users were facing problem in taking trade in it, so for them I have put buy/sell signal label in it, I have used pinbar and engulf candle to take right trade with price action, whenever any candle pattern is formed on the high/low of any swing, you will get buy/sell signals there and you can see on the chart that it is working perfectly. But there is a problem in it that it is giving very late signal due to which we are not able to catch trade from bottom, so I have given its solution below.

2. Add Dynamic Multi Time Frame Analyze
As I said, signal labels are coming very late, so for this I have applied multi time frame analysis in dashboard so that you can trade correctly because when signal comes in current Swing, many times swing reverses at that time, so you have to book a loss.

To correct this, we will have to reduce the swing length so that signal comes quickly, but due to that our logic and functions were not able to work properly.

So without touching swing length, I have added a lower time frame and a higher time frame in dashboard for you which works on same logic, advantage of this will be that if you have taken a trade on the current time frame, then you will be able to compare it with both lower and higher time frames and take right decision.

3. Add Pattern And Volume Based Trendline
We all traders always use ATR or swing high/low based trend line for trend confirmation and trendline breakout, but as I promised you that I will not use any other indicator except price action + volume, so I have used 2 different methods to draw trendline based on these.

3.1 Pattern
trendline you get in this method is based on candle pattern, pinbar and engulf are used in it, wherever it forms you will get trendline from there.

3.2 Volume
As the name suggests, it is based on volume, wherever there is high volume in swing accumulations/distributions zone compare to 50 periods, you will see this volume trendline.
there.

4. Two New Candle Highlight For better Trade Decision
Although this method was already there but I could not tell you about it, so today I am telling you how you can take the right decision by just looking at the chart, this is also based on price action + volume

4.1 Black candle - You must have seen black candle many times on the chart, black candle is based on inside candle logic, whenever an inside candle is formed, most of the time it is assumed that the trades are confused about which way to go and we can also use this as a breakout concept

4.2 Orange candle - Orange candle is volume based, in this you can search for reversal, whenever there is a reversal of any trend, the volume is seen very less there, although there is high volume too but it almost always comes after this candle, so whenever you find an orange candle on a slightly bigger time frame, be alert

and some minor dashboard logic optimization for showing less false value and indications.

1 jam lalu

Nota Keluaran

All logic is as IT, just optimized with multi time frame for better results. OB lines, dashboard signals have been improved with dynamic MTF analysis so that you do not get troubled by any sudden price reaction like any news.

There is one change, now you will not see complete OB line on chart, instead if sentiment is shifting towards long then green line below and red for short. Now you can easily take your trend following trade with help of this.

This is last update, I have thought of every aspect that I could do to help you in this indicator, but now maybe there cannot be more improvement in it, but if you have any suggestion to improve it further then tell me.

Now we will meet with our next indicator which may be based on ICT concept. Happy trading