Repeating Trend HighlighterThis custom indicator helps you see when the current price trend is similar to a past trend over the same number of candles. Think of it like checking whether the market is repeating itself.
You choose three settings:
• Lookback Period: This is how many candles you want to measure. For example, if you set it to 10, it looks at the price change over the last 10 bars.
• Offset Bars Ago: This tells the indicator how far back in time to look for a similar move. If you set it to 50, it compares the current move to what happened 50 bars earlier.
• Tolerance (%): This is how closely the moves must match to be considered similar. A smaller number means you only get a signal if the moves are almost the same, while a larger number allows more flexibility.
When the current price move is close enough to the past move you picked, the background of your chart turns light green. This makes it easy to spot repeating trends without studying numbers manually.
You’ll also see two lines under your chart if you enable them: a blue line showing the percentage change of the current move and an orange line showing the change in the past move. These help you compare visually.
This tool is useful in several ways. You can use it to confirm your trading setups, for example if you suspect that a strong rally or pullback is happening again. You can also use it to filter trades by combining it with other indicators, so you only enter when trends repeat. Many traders use it as a learning tool, experimenting with different lookback periods and offsets to understand how often similar moves happen.
If you are a scalper working on short timeframes, you can set the lookback to a small number like 3–5 bars. Swing traders who prefer daily or weekly charts might use longer lookbacks like 20–30 bars.
Keep in mind that this indicator doesn’t guarantee price will move the same way again—it only shows similarity in how price changed over time. It works best when you use it together with other signals or market context.
In short, it’s like having a simple spotlight that tells you: “This move looks a lot like what happened before.” You can then decide if you want to act on that information.
If you’d like, I can help you tweak the settings or combine it with alerts so it notifies you when these patterns appear.
Jalur dan Saluran
Volume MAs Oscillator | Lyro RSVolume MAs Oscillator | Lyro RS
Overview
The Volume MAs Oscillator is a powerful volume‑adjusted momentum tool that combines custom‑weighted moving averages on volume‑weighted price with smoothed deviation bands. It offers dynamic insights into trend direction, overbought/oversold conditions, and relative valuation — all within a single indicator
Key Features
Volume‑Adjusted Moving Averages: Moving averages can be volume‑weighted using the following formula: a moving average of (Price × Volume) divided by a moving average of Volume. This formula is applied across more than 14 different moving averages; however, it is not used with the VWMA, as VWMA is inherently a volume-weighted moving average.
Percentage Oscillator: Displays the normalized difference: (source – MA) / MA * 100, centered around zero for easy interpretation of strength and direction.
Deviation Bands: Builds upper and lower bands from standard deviation of the oscillator over a selected lookback, with distinct positive/negative multipliers and optional smoothing to reduce noise.
Inputs: Band Length, Band Smoothing, Positive Band Multiplier, Negative Band Multiplier.
Multi‑Mode Signal System:
1. Trend Mode – Colors oscillator according to breaks above (bullish) or below (bearish) respective bands.
2. Reversion Mode – Inverses color logic: signals overextensions beyond bands as reversion opportunities, greys inside the bands.
3. Valuation Mode – Applies a gradient color scale (UpC ⇄ DnC) to reflect relative valuation strength.
Customizable Visuals: Select from 5 pre‑set palettes—Classic, Mystic, Major Themes, Accented, Royal—or define your own custom bullish/bearish colors.
Chart enhancements include color‑coded oscillator line, deviation bands, glow‑effect midline at zero, background shading and candlestick/bar coloring aligned to signal mode.
Built‑In Signals: Automatically plots ▲ oversold and ▼ overbought markers upon crosses of lower/upper bands (in trend or reversion modes), enhancing signal clarity.
How It Works
MA Calculation – Applies the selected MA type to price × volume (normalized by MA of volume) or direct VWMA.
Oscillator Output – Calculates the % difference of source vs. derived MA.
Band Construction – Computes rolling standard deviation; applies user‑defined multipliers; smooths bands with exponential blending.
Mode-Dependent Coloring & Signals –
• Trend: Highlights strength trends via band cross coloring.
• Reversion: Flags extremes beyond bands as potential pullbacks.
• Valuation: Uses gradient to reflect oscillator’s position relative to recent range.
Signal Markers – Deploys arrows and color rules to flag overbought (▼) or oversold (▲) conditions when bands are breached.
Practical Use
Trend Confirmation – In Trend Mode, use upward price_diff cross above upper band as bullish; downward cross below lower band as bearish.
Mean Reversion – In Reversion Mode, fading extremes beyond bands may precede a retracement.
Relative Valuation – Valuation Mode shines when assessing how extended price_diff is, with gradient colors indicating valuation zones.
Bars/candles color‑coded to oscillator state boosts clarity of market tone and allows for rapid visual scanning.
Customization
Adjust MA type/length to tune responsiveness vs. smoothing.
Configure band settings for volatility sensitivity.
Toggle between signal modes for trend-following or reversion strategies.
Stylish visuals: pick or customize color schemes to match your chart setup.
⚠️Disclaimer
This indicator is a tool for technical analysis and does not provide guaranteed results. It should be used in conjunction with other analysis methods and proper risk management practices. The creators of this indicator are not responsible for any financial decisions made based on its signals.
Trend Tracker ProTrend Tracker Pro - Advanced Trend Following Indicator
Overview
Trend Tracker Pro is a sophisticated trend-following indicator that combines the power of Exponential Moving Average (EMA) and Average True Range (ATR) to identify market trends and generate precise buy/sell signals. This indicator is designed to help traders capture trending moves while filtering out market noise.
🎯 Key Features
✅ Dynamic Trend Detection
Uses EMA and ATR-based bands to identify trend direction
Automatically adjusts to market volatility
Clear visual trend line that changes color based on market direction
✅ Precise Signal Generation
Buy signals when trend changes to bullish
Sell signals when trend changes to bearish
Reduces false signals by requiring actual trend changes
✅ Visual Clarity
Green trend line: Bullish trend
Red trend line: Bearish trend
Gray trend line: Sideways/neutral trend
Triangle arrows for buy/sell signals
Clear BUY/SELL text labels
✅ Customizable Settings
Trend Length: Adjustable period for EMA and ATR calculation (default: 14)
ATR Multiplier: Controls sensitivity of trend bands (default: 2.0)
Show/Hide Signals: Toggle signal arrows on/off
Show/Hide Labels: Toggle text labels on/off
✅ Built-in Information Panel
Real-time trend direction display
Current trend level value
ATR value for volatility reference
Last signal information
✅ TradingView Alerts
Buy signal alerts
Sell signal alerts
Customizable alert messages
🔧 How It Works
Algorithm Logic:
1.
Calculate EMA: Uses exponential moving average for trend baseline
2.
Calculate ATR: Measures market volatility
3.
Create Bands: Upper band = EMA + (ATR × Multiplier), Lower band = EMA - (ATR × Multiplier)
4.
Determine Trend:
Price above upper band → Bullish trend (trend line = lower band)
Price below lower band → Bearish trend (trend line = upper band)
Price between bands → Continue previous trend
5.
Generate Signals: Signal occurs when trend direction changes
📊 Best Use Cases
✅ Trending Markets
Excellent for capturing strong directional moves
Works well in both bull and bear markets
Ideal for swing trading and position trading
✅ Multiple Timeframes
Effective on all timeframes from 15 minutes to daily
Higher timeframes provide more reliable signals
Can be used for both scalping and long-term investing
✅ Various Asset Classes
Stocks, Forex, Cryptocurrencies, Commodities
Particularly effective in volatile markets
Adapts automatically to different volatility levels
⚙️ Recommended Settings
Conservative Trading (Lower Risk)
Trend Length: 20
ATR Multiplier: 2.5
Best for: Long-term positions, lower frequency signals
Balanced Trading (Default)
Trend Length: 14
ATR Multiplier: 2.0
Best for: Swing trading, moderate frequency signals
Aggressive Trading (Higher Risk)
Trend Length: 10
ATR Multiplier: 1.5
Best for: Day trading, higher frequency signals
🎨 Visual Elements
Trend Line: Main indicator line that follows the trend
Signal Arrows: Triangle shapes indicating buy/sell points
Text Labels: Clear "BUY" and "SELL" text markers
Information Table: Real-time status panel in top-right corner
Color Coding: Intuitive green/red color scheme
⚠️ Important Notes
Risk Management
Always use proper position sizing
Set stop-losses based on ATR values
Consider market conditions and volatility
Not recommended for ranging/sideways markets
Signal Confirmation
Consider using with other indicators for confirmation
Pay attention to volume and market structure
Be aware of major news events and market sessions
Backtesting Recommended
Test the indicator on historical data
Optimize parameters for your specific trading style
Consider transaction costs in your analysis
Traders AID / Adaptive Smoothing Line (use on 1-week TF)TradersAID – Adaptive Smoothing Line (use on 1-week TF)
1. Overview
TradersAID – Adaptive Smoothing Line is a trend-following overlay designed to bring structure to noisy markets — especially on the 1-week chart, where clarity is crucial.
Instead of using conventional moving averages, this tool applies a Kalman-inspired smoothing method that adapts to changing price behavior.
Originally used in fields like robotics and autonomous driving, this filtering concept helps track directional flow without overreacting to minor fluctuations — making it easier to identify sustained moves or exhaustion patterns.
2. What It Does
The line continuously adapts to current market conditions by filtering volatility and directional flow through an internal estimator logic.
Unlike laggy moving averages, it does not simply average past prices — it adjusts dynamically based on how price behaves.
Key behaviors include:
• Directional slope that reflects trend strength
• Increased sensitivity during acceleration phases
• Stabilized flattening during sideways periods
This makes the trend easier to follow without being distracted by short-term chop.
3. How to Use It
• Trend Interpretation:
Use the line’s angle to judge momentum. Steep slopes show conviction, while flattening may signal transition or fading strength.
• Support & Resistance Context:
During trending phases, the line often acts as dynamic support or resistance — especially when combined with other tools.
• Volatility Filtering:
In consolidation, the line becomes smoother, helping reduce noise and simplify your view of structure.
• Layering Tool:
Use it as a visual foundation beneath more reactive tools like TradersAID Warning Dots or Velocity Coloring to stay grounded in context.
4. Key Features
• Adaptive Behavior: Responds to both price and volatility
• Three Modes:
o Slow for structure clarity
o Regular for balanced responsiveness
o Fast for shorter-term context
• Overlay Design: Plots directly on price for seamless interpretation
• Minimalist Output: Clean, unobtrusive line — no clutter
5. Technical Basis (Why It’s Closed Source)
This tool uses a custom smoothing technique based on Kalman-inspired logic, tuned specifically for longer-term trend structure.
While not a full Kalman implementation, the core idea is drawn from systems that track state under uncertainty — offering stability without lagging behind price.
The algorithm adapts continuously to live market input, producing a smooth yet responsive curve that reflects trend direction and change in a visually intuitive way.
As this smoothing mechanism is not available in open-source scripts and is part of a broader proprietary system, the code remains closed to protect its originality and performance edge.
6. Settings
• Mode Selection: Fast / Regular / Slow
• Styling Controls: Color, line width, smoothing curve
• Frame Lock:
✅ This tool is designed to work exclusively on the 1-week timeframe.
7. Disclaimer
This script is for educational and informational purposes only. It does not provide financial advice or generate trading signals. Use with your own judgment and supporting tools.
TradersAID / Adaptive Smoothing Channel (use on 1W chart)TradersAID – Adaptive Smoothing Channel (use on 1-Week chart)
Overview
TradersAID – Adaptive Smoothing Channel is a two-line price overlay designed to help traders interpret trend structure and shifting momentum zones on the 1-week chart only.
Unlike traditional moving averages or fixed smoothing methods, this tool uses an adaptive approach inspired by Kalman filtering — a concept widely used in robotics and control systems to track signals in noisy environments. Applied to price, this allows the band to adapt to directional flow and volatility while filtering out distracting short-term fluctuations.
1.What It Does
This tool builds a dynamic corridor around price using:
• A faster line that follows near-term directional movement
• A slower line that anchors broader market structure
Together, they form a responsive band that:
• Tilts with trend direction (via slope)
• Expands or contracts with volatility
• Fills the space between to show directional rhythm
It’s especially useful for observing how price moves within sustained trends or compression zones, helping traders visually interpret market structure with more clarity.
2. How to Use It
• Trend Structure:
Follow the slope of the band to understand overall direction. A narrowing band may indicate consolidation; a widening band may reflect strong follow-through.
• Momentum Compression Zones:
Watch for tightening distance between the lines — this may signal the market is preparing for a structural transition or breakout.
• Clarity Layer:
Overlay this tool with others (e.g. TradersAID Warning Dots) to reduce noise and improve decision context.
3. Key Features
• Dual Adaptive Lines: One fast, one slow — capturing different time dynamics
• Shaded Fill Zone: Highlights directional bias and rhythm
• 3 Reaction Modes: Slow / Regular / Fast for different sensitivities
• Overlay Style: Plots directly on price
• Minimalist Layout: Clean visual language
4. Technical Basis (Why It’s Closed Source)
This tool is based on a custom smoothing logic inspired by Kalman filtering, adapted specifically for charting market structure.
While it does not replicate a full Kalman system, it borrows key principles: dynamically adjusting to noisy input while maintaining structural clarity.
The algorithm was developed internally to provide a visual layer that integrates into the broader TradersAID analysis system — offering something distinct from public indicators. Its behavior, flexibility, and integration were designed to serve advanced structural analysis, and as such, the script is closed to protect proprietary logic and intellectual property.
5. Settings
• Mode Selector: Fast / Regular / Slow
• Color Fill Toggle & Styling
• Frame Lock:
✅ This script is built to work exclusively on the 1-week timeframe.
6. Disclaimer
This tool is for educational and informational purposes only. It does not offer financial advice or generate trading signals. Always use with your own strategy and discretion.
ZLMA Keltner ChannelThe ZLMA Keltner Channel uses a Zero-Lag Moving Average (ZLMA) as the centerline with ATR-based bands to track trends and volatility.
The ZLMA’s reduced lag enhances responsiveness for breakouts and reversals, i.e. it's more sensitive to pivots and trend reversals.
Unlike Bollinger Bands, which use standard deviation and are more sensitive to price spikes, this uses ATR for smoother volatility measurement.
Background:
Built on John Ehlers’ lag-reduction techniques, this indicator adapts the classic Keltner Channel for dynamic markets. It excels in trending (low-entropy) markets for breakouts and range-bound (high-entropy) markets for reversals.
How to Read:
ZLMA (Blue): Tracks price trends. Above = bullish, below = bearish.
Upper Band (Green): ZLMA + (Multiplier × ATR). Cross above signals breakout or overbought.
Lower Band (Red): ZLMA - (Multiplier × ATR). Cross below signals breakout or oversold.
Channel Fill (Gray): Shows volatility. Narrow = low volatility, wide = high volatility.
Signals (Optional): Enable to show “Buy” (green) on upper band crossovers, “Sell” (red) on lower band crossunders.
Strategies: Trade breakouts in trending markets, reversals in ranges, or use bands as trailing stops.
Settings:
ZLMA Period (20): Adjusts centerline responsiveness.
ATR Period (20): Sets volatility period.
Multiplier (2.0): Controls band width.
If you are still confused between the ZLMA Keltner Channels and Bollinger Bands:
Keltner Channel (ZLMA): Uses ATR for bands, which smooths volatility and is less reactive to sudden price spikes. The ZLMA centerline reduces lag for faster trend detection.
Bollinger Bands: Uses standard deviation for bands, making them more sensitive to price volatility and prone to wider swings in high-entropy markets. Typically uses an SMA centerline, which lags more than ZLMA.
Supertrend Long-Only StrategySupertrend Long Only Strategy on 75 min charts, Going long when the trend is Green and Exiting position when the trend turns red. On Closing basis of the candle
Faytterro Bands Breakout📌 Faytterro Bands Breakout 📌
This indicator was created as a strategy showcase for another script: Faytterro Bands
It’s meant to demonstrate a simple breakout strategy based on Faytterro Bands logic and includes performance tracking.
❓ What Is It?
This script is a visual breakout strategy based on a custom moving average and dynamic deviation bands, similar in concept to Bollinger Bands but with unique smoothing (centered regression) and performance features.
🔍 What Does It Do?
Detects breakouts above or below the Faytterro Band.
Plots visual trade entries and exits.
Labels each trade with percentage return.
Draws profit/loss lines for every trade.
Shows cumulative performance (compounded return).
Displays key metrics in the top-right corner:
Total Return
Win Rate
Total Trades
Number of Wins / Losses
🛠 How Does It Work?
Bullish Breakout: When price crosses above the upper band and stays above the midline.
Bearish Breakout: When price crosses below the lower band and stays below the midline.
Each trade is held until breakout invalidation, not a fixed TP/SL.
Trades are compounded, i.e., profits stack up realistically over time.
📈 Best Use Cases:
For traders who want to experiment with breakout strategies.
For visual learners who want to study past breakouts with performance metrics.
As a template to develop your own logic on top of Faytterro Bands.
⚠ Notes:
This is a strategy-like visual indicator, not an automated backtest.
It doesn't use strategy.* commands, so you can still use alerts and visuals.
You can tweak the logic to create your own backtest-ready strategy.
Unlike the original Faytterro Bands, this script does not repaint and is fully stable on closed candles.
IQ_Trader's Technical Scoring System With SignalsThe IQ Trader's Technical Scoring System is a sophisticated trading indicator designed to assist traders in identifying potential BUY and SELL opportunities using a dynamic scoring mechanism.
By combining traditional technical indicators (SMA, MACD) with a custom Adaptive Gaussian Moving Average (AGMA) and Bayesian trend probability analysis, this indicator provides a comprehensive view of market conditions. It generates multiple signal types to support various trading strategies, including main BUY/SELL signals, additional BUYS/SELLS signals, and STOP/STRONG STOP signals for risk management.
Key Features
Dynamic Scoring System:
The indicator calculates separate Buy and Sell scores based on multiple conditions, including:
Price position relative to daily SMA50 and SMA200.
Price position relative to the Adaptive Gaussian Moving Average (AGMA).
Bayesian trend analysis incorporating RSI, MACD, EMA, ATR, and volume zones.
MACD position and crossover/crossunder events.
Scores are displayed in a table, showing the contribution of each component (e.g., "Price > SMA50: 20") for transparency.
Signal Types:
Main BUY/SELL Signals:
Triggered when the Buy/Sell score falls within user-defined dynamic thresholds (adjustable for above/below SMA50 conditions).
Controlled by an inTrade state to prevent overlapping signals (BUY only when not in a trade, SELL only when in a trade).
Disabled by default; enable via settings ("Enable Main BUY Signals" and "Enable Main SELL Signals").
Additional BUYS/SELLS Signals:
Generated when the Buy score exceeds the Sell score (BUYS) or vice versa (SELLS).
Sequentially alternates (BUYS → SELLS → BUYS) to avoid repetitive signals, using an inBuysState mechanism.
Always enabled for quick trend insights.
STOP/STRONG STOP Signals:
STOP: Triggered when the price is above SMA50 and MACD crosses below the signal line in a lower timeframe.
STRONG STOP: Triggered when the price is above SMA50, MACD is below the signal line, and the price is below AGMA in a lower timeframe.
Disabled by default; enable via settings ("Enable STOP Signals" and "Enable STRONG STOP Signals").
Useful for risk management and exiting positions.
Visual and Customization Options:
Plots: Displays daily SMA50, SMA200, AGMA, MACD, and MACD Signal lines, all toggleable via settings.
Score Table: Shows real-time Buy and Sell score components at the top center of the chart.
Signal Markers:
Main BUY: Green label ("BUY") below the bar.
Main SELL: Red label ("SELL") above the bar.
BUYS: Lime triangle up ("BUYS") below the bar.
SELLS: Fuchsia triangle down ("SELLS") above the bar.
STOP: Orange triangle down ("STOP") above the bar.
STRONG STOP: Red triangle down ("STRONG") above the bar.
Settings: Highly customizable thresholds, enable/disable conditions, and plot visibility.
Alert Support:
Configurable alerts for all signal types (Dynamic BUY, Dynamic SELL, BUYS, SELLS, STOP, STRONG STOP).
Alerts are gated by enable settings for main BUY/SELL and STOP/STRONG STOP signals to prevent unwanted notifications.
How to Use
Add the Indicator:
Apply the indicator to your chart via TradingView’s Pine Editor or Indicator Library.
By default, only the additional BUYS/SELLS signals are active, along with SMA50/200, AGMA, and MACD plots.
Customize Settings:
Thresholds: Adjust buyThresholdLow, buyThresholdHigh, etc., to fine-tune the sensitivity of main BUY/SELL signals.
Enable Signals: Check "Enable Main BUY Signals", "Enable Main SELL Signals", "Enable STOP Signals", or "Enable STRONG STOP Signals" to activate these signals.
Toggle Plots: Use "Show Daily SMA50/200", "Show AGMA", and "Show MACD and Signal Line" to control chart visuals.
Score Conditions: Enable/disable individual score components (e.g., "Price Above Daily SMA50") to focus on specific indicators.
Interpret Signals:
Main BUY/SELL: Use for primary entry (BUY) and exit (SELL) decisions, ideal for swing or trend-following strategies.
BUYS/SELLS: Monitor for early trend changes or confirmation of momentum, suitable for shorter-term trades.
STOP/STRONG STOP: Consider as warnings to tighten stops or exit positions, especially in volatile markets.
Check the score table to understand which conditions are driving the signals.
Set Alerts:
Create alerts for desired signals (e.g., "Dynamic BUY Signal") via TradingView’s alert menu.
Ensure the corresponding signal is enabled in settings to receive alerts.
Notes for Traders
Timeframe Flexibility: The indicator adapts to different timeframes, with lower timeframe MACD and AGMA calculations for STOP signals. Test on your preferred timeframe (e.g., 1H, 4H, 1D).
Risk Management: Always combine signals with proper risk management, such as stop-loss orders, as STOP/STRONG STOP signals are not guaranteed exit points.
Backtesting: Before trading, backtest the indicator on historical data to evaluate performance with your strategy.
Customization: Adjust score weights (e.g., scoreSMA50AbovePrice) or Bayesian conditions to align with specific assets or market conditions.
Why This Indicator?
The IQ Trader's Technical Scoring System SS stands out for its blend of traditional and advanced analytics. The Bayesian trend analysis adds a probabilistic layer to decision-making, while the dynamic scoring system ensures signals are context-aware (above/below SMA50). Whether you're a swing trader, day trader, or risk-conscious investor, this indicator offers actionable insights with customizable controls.
Feedback Welcome: Share your experience or suggestions in the comments to help improve this tool for the TradingView community!
Leveraged Liquidation ZonesOVERVIEW
This indicator estimates potential liquidation zones based on leveraged positions (25x, 50x, 75x, 100x). It visually displays upper and lower bounds for each leverage tier, allowing traders to infer areas where the market might be seeking liquidity.
CONCEPTS
In leveraged markets, especially crypto derivatives, price often moves towards zones of high liquidation potential — areas where traders using high leverage are likely to be stopped out. These zones represent concentrations of liquidity that can serve as targets for price movement.
This script models simplified liquidation areas by calculating the price range within which positions using specific leverage levels would be at risk, assuming no maintenance margin and using the previous candle close as a reference.
FEATURES
Visual zones for 25x, 50x, 75x, and 100x leverage levels.
Customizable visibility and colors for each leverage tier.
Real-time zone calculation based on the previous candle close.
Simple and clean design to overlay directly on price action.
USAGE
Use this tool to identify areas of liquidity accumulation or potential price magnet zones. High-leverage liquidations often lead to volatile movements when triggered, so tracking these zones can help anticipate breakout or reversal behavior.
You can toggle individual leverage levels via the settings panel, and adjust color transparency to suit your chart theme. This tool is most effective when combined with volume spikes, order book analysis, or high-frequency behavior.
Volumatic Support/Resistance Levels [BigBeluga]🔵 OVERVIEW
A smart volume-powered tool for identifying key support and resistance zones—enhanced with real-time volume histogram fills and high-volume markers.
Volumatic Support/Resistance Levels detects structural levels from swing highs and lows, and wraps them in dynamic histograms that reflect the relative volume strength around those zones. It highlights the strongest price levels not just by structure—but by the weight of market participation.
🔵 CONCEPTS
Price Zones: Support and resistance levels are drawn from recent price pivots, while volume is used to visually enhance these zones with filled histograms and highlight moments of peak activity using markers.
Histogram Fill = Activity Zone: The width and intensity of each filled zone adjusts to recent volume bursts.
High-Volume Alerts: Circle markers highlight moments of volume dominance directly on the levels—revealing pressure points of support/resistance.
Clean Visual Encoding: Red = resistance zones, green = support zones, orange = high-volume bars.
🔵 FEATURES
Detects pivot-based resistance (highs) and support (lows) using a customizable range length.
Wraps these levels in volume-weighted bands that expand/contract based on percentile volume.
Color fill intensity increases with rising volume pressure, creating a live histogram feel.
When volume > user-defined threshold , the indicator adds circle markers at the top and bottom of that price level zone.
Bar coloring highlights the candles that generated this high-volume behavior (orange by default).
Adjustable settings for all thresholds and colors, so traders can dial in volume sensitivity.
🔵 HOW TO USE
Identify volume-confirmed resistance and support zones for potential reversal or breakout setups.
Focus on levels with intense histogram fill and circle markers —they indicate strong participation.
Use bar coloring to track when key activity started and align it with broader market context.
Works well in combination with order blocks, trend indicators, or liquidity zones.
Ideal for day traders, scalpers, and volume-sensitive setups.
🔵 CONCLUSION
Volumatic Support/Resistance Levels elevates traditional support and resistance logic by anchoring it in volume context. Instead of relying solely on price action, it gives traders insight into where real conviction lies—by mapping how aggressively the market defended or rejected key levels. It's a visual, reactive, and volume-conscious upgrade to your structural toolkit.
unprofitable stratThe indicator is a comprehensive trend-following indicator for TradingView. It's designed to identify and trade in the direction of the market's primary trend while using a dynamic, volatility-based system for exits. It filters out counter-trend noise and provides a clear visual dashboard of market conditions.
Core Trading Strategy
The indicator's logic is based on a two-part confirmation system to ensure trades are only taken in favorable conditions.
Master Trend Filter: The indicator first determines the "master trend" by checking if the price is above or below a long-term (200-period) Exponential Moving Average (EMA). It will only look for BUY signals when the price is above this EMA (in a master bullish trend) and only look for SELL signals when the price is below it. This prevents fighting the main market current.
Entry Trigger: Once the master trend is confirmed, the indicator doesn't enter immediately. It waits for a secondary confirmation: a breakout above a recent swing high (for a BUY) or a breakdown below a recent swing low. This ensures that short-term momentum has aligned with the long-term trend before a signal is generated.
Dynamic Exit Strategy
Exits are not based on a fixed target. Instead, the indicator uses a professional-grade ATR-based Trailing Stop Loss.
This "smart" stop loss automatically trails behind a profitable trade. It moves up to lock in gains during a BUY trade but never moves down.
The distance of the stop from the price is determined by the Average True Range (ATR), meaning it gives the trade more room to breathe in volatile markets and tightens up to protect profits in calm markets.
An "EXIT" signal appears on the chart when the price finally pulls back and hits this trailing stop line.
Visual Features on the Chart
The indicator provides several visual aids to make the trading process clear and intuitive.
Custom-Plotted Candles: The indicator draws its own candlesticks that are colored based on the trade status:
Blue: An active BUY trade is in progress.
Purple: An active SELL trade is in progress.
Gray: The indicator is flat with no active trade.
Signal Labels: Clear "BUY", "SELL", and "EXIT" labels are plotted directly on the chart at the moment they occur.
Trailing Stop Line: A bright orange line appears and follows the price during a trade, showing you the exact level of your trailing stop loss.
Multi-Timeframe Table: An optional dashboard in the top-right corner displays the master trend status ("Bullish" or "Bearish") on the 1m, 5m, 15m, 1-hour, and 4-hour timeframes simultaneously.
Trend Background: An optional feature allows you to color the entire chart background light blue or purple to match the master trend direction.
Dynamic Volatility Channel (DVC) - Smooth
The indicator's adaptability comes from a unique blend of well-known concepts:
The Adaptive Engine (ADX): The indicator uses the Average Directional Index (ADX) in the background to analyze the strength of the trend. This acts as the "brain", telling the channel whether the market is trending strongly or moving sideways.
Hybrid Volatility: This is the core of the indicator. The width of the channel is determined by a weighted mix of two volatility measures:
In trending markets (high ADX), the channel gives more weight to the Average True Range (ATR).
In ranging markets (low ADX), the channel gives more weight to Standard Deviation.
Smooth Centerline (HMA): The channel is centered around a Hull Moving Average (HMA), which is known for its smoothness and reduced lag compared to other moving averages.
Advanced Smoothing Layers: This version includes dedicated smoothing for both the volatility components (ATR and StDev) and the logic that switches between regimes. This ensures the channel expands, contracts, and adapts in a very fluid manner, eliminating sudden jumps and reducing market noise.
Mean Reversion: In ranging markets (indicated by a flatter channel), the outer bands can act as dynamic support and resistance levels. Look for opportunities to sell near the upper band and buy near the lower band, always waiting for price action confirmation like reversal candles.
Trend Following: In strong trends (indicated by a steeply sloped channel), the centerline (HMA) often serves as a dynamic level of support (in an uptrend) or resistance (in a downtrend). Pullbacks to the centerline can present opportunities to join the trend. A "band ride," where price action consistently pushes against the upper or lower band, signals a very strong trend.
Volatility Analysis: A "squeeze," where the bands come very close together, indicates low volatility and can foreshadow a significant price breakout. A sudden expansion of the bands signals an increase in volatility and the potential start of a new, powerful move.
All core parameters are fully customizable to suit your trading style and preferred assets:
You can adjust the lengths for the HMA, ATR, StDev, and the ADX filter.
You can change the multipliers for the ATR and Standard Deviation components.
Crucially, you can control the Volatility Smoothing Length and Logic Smoothing Length to find the perfect balance between responsiveness and smoothness.
Disclaimer: This indicator is provided for educational and analytical purposes only. It is not financial advice, and past performance is not indicative of future results. Always conduct your own research and backtesting before risking capital in a live market.
Volume Overbought/Oversold Zones📊 What You’ll See on the Chart
Red Background or Red Triangle ABOVE a Candle
🔺 Means: Overbought Volume
→ Volume on that bar is much higher than average (as defined by your settings).
→ Suggests strong activity, possible exhaustion in the trend or an emotional spike.
→ It’s a warning: consider watching for signs of reversal, especially if price is already stretched.
Green Background or Green Triangle BELOW a Candle
🔻 Means: Oversold Volume
→ Volume on that bar is much lower than normal.
→ Suggests the market may be losing momentum, or few sellers are left.
→ Could signal an upcoming reversal or recovery if confirmed by price action.
Orange Line Below the Candles (Volume Moving Average)
📈 Shows the "normal" average volume over the last X candles (default is 20).
→ Helps you visually compare each bar’s volume to the average.
Gray Columns (Actual Volume Bars)
📊 These are your regular volume bars — they rise and fall based on how active each candle is.
🔍 What This Indicator Does (In Simple Words)
This indicator looks at trading volume—which is how many shares/contracts were traded in a given period—and compares it to what's considered "normal" for recent history. When volume is unusually high or low, it highlights those moments on the chart.
It tells you:
• When volume is much higher than normal → market might be overheated or experiencing a buying/selling frenzy.
• When volume is much lower than normal → market might be quiet, potentially indicating lack of interest or indecision.
These conditions are marked visually, so you can instantly spot them.
💡 How It Helps You As a Trader
1. Spotting Exhaustion in Trends (Overbought Signals)
If a market is going up and suddenly volume spikes way above normal, it may mean:
• The move is getting crowded (lots of buyers are already in).
• A reversal or pullback could be near because smart money may be taking profits.
Trading idea: Wait for high-volume up bars, then look for price weakness to consider a short or exit.
2. Identifying Hidden Opportunities (Oversold Signals)
If price is falling but volume drops unusually low, it might mean:
• Panic is fading.
• Sellers are losing energy.
• A bounce or trend reversal could happen soon.
Trading idea: After a volume drop in a downtrend, watch for bullish price patterns or momentum shifts to consider a buy.
3. Confirming or Doubting Breakouts
Volume is critical for confirming breakouts:
• If price breaks a key level with strong volume, it's more likely to continue.
• A breakout without volume could be a fake-out.
This indicator highlights volume surges that can help you confirm such moves.
📈 How to Use It in Practice
• Combine it with candlestick patterns, support/resistance, or momentum indicators.
• Use the background colors or shapes as a visual cue to pause and analyze.
• Adjust the sensitivity to suit fast-moving markets (like crypto) or slow ones (like large-cap stocks).
VWAP Deviation Channels with Probability (Lite)VWAP Deviation Channels with Probability (Lite)
Version 1.2
Overview
This indicator is a powerful tool for intraday traders, designed to identify high-probability areas of support and resistance. It plots the Volume-Weighted Average Price (VWAP) as a central "value" line and then draws statistically-based deviation channels around it.
Its unique feature is a dynamic probability engine that analyzes thousands of historical price bars to calculate and display the real-time likelihood of the price touching each of these deviation levels. This provides a quantifiable edge for making trading decisions.
Core Concepts Explained
This indicator is built on three key concepts:
The VWAP (Volume-Weighted Average Price): The dotted midline of the channels is the session VWAP. Unlike a Simple Moving Average (SMA) which only considers price, the VWAP incorporates volume into its calculation. This makes it a much more significant benchmark, as it represents the true average price where the most business has been transacted during the day. It's heavily used by institutional traders, which is why price often reacts strongly to it.
Standard Deviation Channels: The channels above and below the VWAP are based on standard deviations. Standard deviation is a statistical measure of volatility.
- Wide Bands: When the channels are wide, it signifies high volatility.
- Narrow Bands: When the channels are tight and narrow, it signifies low volatility and
consolidation (a "squeeze").
The Conditional Probability Engine: This is the heart of the indicator. For every deviation level, the script displays a percentage. This percentage answers a very specific question:
"Based on thousands of previous bars, when the last candle had a certain momentum (bullish or bearish), what was the historical probability that the price would touch this specific level?"
The probabilities are calculated separately depending on whether the previous candle was green (bullish) or red (bearish). This provides a nuanced, momentum-based edge. The level with the highest probability is highlighted, acting as a "price magnet."
How to Use This Indicator
Recommended Timeframes:
This indicator is designed specifically for intraday trading. It works best on timeframes like the 1-minute, 5-minute, and 15-minute charts. It will not display correctly on daily or higher timeframes.
Recommended Trading Strategy: Mean Reversion
The primary strategy for this indicator is "Mean Reversion." The core idea is that as the price stretches to extreme levels far away from the VWAP (the "mean"), it is statistically more likely to "snap back" toward it.
Here is a step-by-step guide to trading this setup:
1. Identify the Extreme: Wait for the price to push into one of the outer deviation bands (e.g., the -2, -3, or -4 bands for a buy setup, or the +2, +3, or +4 bands for a sell setup).
2. Look for the High-Probability Zone: Pay close attention to the highlighted probability label. This is the level that has historically acted as the strongest magnet for price. A touch of this level represents a high-probability area for a potential reversal.
3. Wait for Confirmation: Do not enter a trade just because the price has touched a band. Wait for a confirmation candle that shows momentum is shifting.
- For a Buy: Look for a strong bullish candle (e.g., a green engulfing candle or a hammer/pin
bar) to form at the lower bands.
- For a Sell: Look for a strong bearish candle (e.g., a red engulfing candle or a shooting star)
to form at the upper bands.
Define Your Exit:
- Take Profit: A logical primary target for a mean reversion trade is the VWAP (midLine).
- Stop Loss: A logical place for a stop-loss is just outside the next deviation band. For
example, if you enter a long trade at the -3 band, your stop loss could be placed just
below the -4 band.
Disclaimer: This indicator is a tool for analysis and should not be considered a standalone trading system. Trading involves significant risk, and past performance is not indicative of future results. Always use this indicator in conjunction with other forms of analysis and sound risk management practices.
Bollinger Bands Entry/Exit ThresholdsBollinger Bands Entry/Exit Thresholds
Author of enhancements: chuckaschultz
Inspired and adapted from the original 'Bollinger Bands Breakout Oscillator' by LuxAlgo
Overview
Pairs nicely with Contrarian 100 MA
The Bollinger Bands Entry/Exit Thresholds is a powerful momentum-based indicator designed to help traders identify potential entry and exit points in trending or breakout markets. By leveraging Bollinger Bands, this indicator quantifies price deviations from the bands to generate bullish and bearish momentum signals, displayed as an oscillator. It includes customizable entry and exit signals based on user-defined thresholds, with visual cues plotted either on the oscillator panel or directly on the price chart.
This indicator is ideal for traders looking to capture breakout opportunities or confirm trend strength, with flexible settings to adapt to various markets and trading styles.
How It Works
The Bollinger Bands Entry/Exit Thresholds calculates two key metrics:
Bullish Momentum (Bull): Measures the extent to which the price exceeds the upper Bollinger Band, expressed as a percentage (0–100).
Bearish Momentum (Bear): Measures the extent to which the price falls below the lower Bollinger Band, also expressed as a percentage (0–100).
The indicator generates:
Long Entry Signals: Triggered when the bearish momentum (bear) crosses below a user-defined Long Threshold (default: 40). This suggests weakening bearish pressure, potentially indicating a reversal or breakout to the upside.
Exit Signals: Triggered when the bullish momentum (bull) crosses below a user-defined Sell Threshold (default: 80), indicating a potential reduction in bullish momentum and a signal to exit long positions.
Signals are visualized as tiny colored dots:
Long Entry: Blue dots, plotted either at the bottom of the oscillator or below the price bar (depending on user settings).
Exit Signal: White dots, plotted either at the top of the oscillator or above the price bar.
Calculation Methodology
Bollinger Bands:
A user-defined Length (default: 14) is used to calculate an Exponential Moving Average (EMA) of the source price (default: close).
Standard deviation is computed over the same length, multiplied by a user-defined Multiplier (default: 1.0).
Upper Band = EMA + (Standard Deviation × Multiplier)
Lower Band = EMA - (Standard Deviation × Multiplier)
Bull and Bear Momentum:
For each bar in the lookback period (length), the indicator calculates:
Bullish Momentum: The sum of positive deviations of the price above the upper band, normalized by the total absolute deviation from the upper band, scaled to a 0–100 range.
Bearish Momentum: The sum of positive deviations of the price below the lower band, normalized by the total absolute deviation from the lower band, scaled to a 0–100 range.
Formula:
bull = (sum of max(price - upper, 0) / sum of abs(price - upper)) * 100
bear = (sum of max(lower - price, 0) / sum of abs(lower - price)) * 100
Signal Generation:
Long Entry: Triggered when bear crosses below the Long Threshold.
Exit: Triggered when bull crosses below the Sell Threshold.
Settings
Length: Lookback period for EMA and standard deviation (default: 14).
Multiplier: Multiplier for standard deviation to adjust Bollinger Band width (default: 1.0).
Source: Input price data (default: close).
Long Threshold: Bearish momentum level below which a long entry signal is generated (default: 40).
Sell Threshold: Bullish momentum level below which an exit signal is generated (default: 80).
Plot Signals on Main Chart: Option to display entry/exit signals on the price chart instead of the oscillator panel (default: false).
Style:
Bullish Color: Color for bullish momentum plot (default: #f23645).
Bearish Color: Color for bearish momentum plot (default: #089981).
Visual Features
Bull and Bear Plots: Displayed as colored lines with gradient fills for visual clarity.
Midline: Horizontal line at 50 for reference.
Threshold Lines: Dashed green line for Long Threshold and dashed red line for Sell Threshold.
Signal Dots:
Long Entry: Tiny blue dots (below price bar or at oscillator bottom).
Exit: Tiny white dots (above price bar or at oscillator top).
How to Use
Add to Chart: Apply the indicator to your TradingView chart.
Adjust Settings: Customize the Length, Multiplier, Long Threshold, and Sell Threshold to suit your trading strategy.
Interpret Signals:
Enter a long position when a blue dot appears, indicating bearish momentum dropping below the Long Threshold.
Exit the long position when a white dot appears, indicating bullish momentum dropping below the Sell Threshold.
Toggle Plot Location: Enable Plot Signals on Main Chart to display signals on the price chart for easier integration with price action analysis.
Combine with Other Tools: Use alongside other indicators (e.g., trendlines, support/resistance) to confirm signals.
Notes
This indicator is inspired by LuxAlgo’s Bollinger Bands Breakout Oscillator but has been enhanced with customizable entry/exit thresholds and signal plotting options.
Best used in conjunction with other technical analysis tools to filter false signals, especially in choppy or range-bound markets.
Adjust the Multiplier to make the Bollinger Bands wider or narrower, affecting the sensitivity of the momentum calculations.
Disclaimer
This indicator is provided for educational and informational purposes only.
TTP-BB-vwap-PivotTTP-BB-Vwap-Pivot is a comprehensive all-in-one technical analysis indicator designed specifically for intraday traders. This powerful tool combines multiple essential indicators in a single, customizable package, eliminating the need to clutter your chart with separate indicators.
🎯 Key Features
📈 Bollinger Bands
Fully Customizable: Adjust length (default: 20) and multiplier (default: 2.0)
Source Selection: Choose from Open, High, Low, Close, HL2, HLC3, OHLC4
Visual Fill: Semi-transparent band fill for better visualization
Toggle Control: Easy on/off switch
💰 VWAP (Volume Weighted Average Price)
Intraday Focus: Perfect for identifying institutional price levels
Source Customization: Default HLC3 with options for other price sources
Clear Visualization: Prominent white line for easy identification
Toggle Control: Show/hide as needed
🎪 Standard Pivot Points
Complete Pivot System: Shows Pivot Point + 3 Resistance (R1-R3) + 3 Support (S1-S3) levels
Timeframe Flexibility: Default daily pivots with customizable timeframe
Colour Coded: Yellow for Pivot Point, Red for Resistance, Green for Support
Value Labels: Exact price values displayed on the right
Toggle Control: Enable/disable entire pivot system
📊 Multiple EMA System (5 EMAs Available)
EMA 1: 9-period (Blue) - Short-term trend
EMA 2: 21-period (Red) - Medium-term trend
EMA 3: 50-period (Orange) - Long-term trend
EMA 4: 100-period (Purple) - Major trend
EMA 5: 200-period (Yellow) - Primary trend
Each EMA Features:
Individual toggle switches
Customizable period lengths
Source selection options
Colour customization
Independent control
🚨 Built-in Alerts
Price crossing above/below EMA1
Price crossing above/below VWAP
Easy alert setup for key signal points
🎛️ User-Friendly Interface
Organized Input Groups: All settings categorized for easy navigation
Individual Controls: Turn any indicator on/off independently
Clean Design: Optimized to avoid chart clutter
Performance Optimized: Efficient code for smooth operation
📈 Perfect For:
Day Traders: Quick intraday signals and levels
Swing Traders: Multiple timeframe analysis
Scalpers: Fast entry/exit points
All Skill Levels: From beginners to professionals
🔧 How to Use:
Add the indicator to your chart
Access settings through the indicator's style/inputs panel
Enable/disable indicators based on your trading strategy
Customize colours, periods, and sources to match your preferences
Set up alerts for key crossover signals
💡 Trading Applications:
Trend Identification: Multiple EMA crossovers
Support/Resistance: Pivot points and Bollinger Bands
Entry/Exit Signals: VWAP and EMA interactions
Risk Management: Clear levels for stop-loss placement
Market Structure: Institutional levels via VWAP and Pivots
⚡ Why Choose TTP-BB-Vwap-Pivot?
All-in-One Solution: No need for multiple separate indicators
Highly Customizable: Adapt to any trading style
Performance Optimized: Smooth operation without lag
Clean Interface: Organized settings and clear visuals
Beginner Friendly: Easy to understand and implement
Professional Grade: Suitable for serious traders
🛠️ Technical Specifications:
Pine Script v6
Overlay indicator
Optimized for all timeframes (especially intraday)
Compatible with all asset classes
No repainting
Real-time calculations
Transform your trading with TTP-BB-Vwap-Pivot - The ultimate technical analysis companion for modern traders!
Like and follow for more powerful trading tools and updates!
S/D-QTECHSupply and Demand Level Indicator
The Supply and Demand Level Indicator is a dynamic market analysis tool designed to visualize potential turning points in price by identifying zones of hesitation and imbalance in the market. It aims to help traders better understand where buying or selling pressure may emerge, allowing for more informed trading decisions.
This indicator automatically detects and draws supply (resistance) and demand (support) levels based on price behavior. Specifically:
Supply Levels (Red Lines): These are drawn when the market shows hesitation or stalls during upward movement, indicating potential selling pressure. Once price moves above a supply level, that level is invalidated and the red line is removed.
Demand Levels (Blue Lines): These are formed when price hesitates or consolidates on the way down, suggesting possible buying interest. When the price drops below a demand level, it is considered broken, and the blue line is removed.
The concept is rooted in the idea that markets rarely move in straight lines. Price often pauses, pulls back, or consolidates, reflecting shifts in trader sentiment or institutional activity. This indicator captures those moments of hesitation and marks them as potential zones where future reactions might occur.
Dynamic Behavior and Market Character
The strength of this indicator lies in its adaptability. Markets change — sometimes they trend smoothly, and at other times they behave erratically. The levels generated by the indicator reflect this: in fast, smooth markets, fewer levels may be plotted, while in choppier conditions, more lines can appear, showing clusters of indecision.
These lines are not meant to be predictive with pinpoint accuracy, but rather as visual guides for where the market has previously shown hesitation. They can help you frame risk, manage trade entries, and avoid chasing price blindly.
A Note on Trader Psychology
While the indicator provides objective levels, your interpretation matters. Every trader operates on different timeframes, tolerates risk differently, and has unique decision-making styles. A level that holds significance for one trader might be noise to another. Always factor in your own strategy, discipline, and timing when using these tools.
Engineer_Invest Target SellEngineer_Invest Target Sell is a Simple and Affordable Tool for Exiting a Deal
Engineer_Invest Target Sell is an indicator that helps you quickly determine the best levels for profit taking. It is designed in such a way that it is easy for even a beginner to understand when it is worth selling an asset.
The way it works:
1. Two levels for sale:
The indicator calculates two key points (or lines) on the chart where it is beneficial to lock in profits. This helps you see where you can reduce your risk and lock in revenue.
2. Three modes for different market moods:
Depending on the market volatility, the setup is divided into three modes:
Target Sell 3 (High Volatility): for fast market movements.
Target Sell 2 (Average Volatility): for balanced conditions.
Target Sell 1 (Low Volatility): for quiet trading sessions.
This separation allows the indicator to be adapted to any market conditions.
Simple settings:
You can choose the type of moving average (SMA or EMA) and adjust the transparency and color of the labels so that the information on the chart is as clear and easy to understand as possible.
Ease of use:
Visibility:
The indicator draws lines and marks directly on the chart, which allows you to immediately see the key levels for exiting a trade.
Adaptability:
Three modes allow you to adjust to the current market conditions — from rapid dynamics to a calm trend.
Easy to use:
Minimal settings and intuitive visualization allow you to quickly learn how to use the tool and make informed decisions.
BB VolatilityBB Volatility indicator is monitoring the famous Bollinger Bands volatility in a normalised manner.
Could not find anything similar so thought this would be useful.
For confirmation signals of the BB to move into one or another direction it is complemented with SMA and EMA.
Additionally, it is complemented with Min Level of BB line - a level user can define and decide to use or not for even stronger conviction for a potential BB expansion.
How to use?
As it monitors when the BB narrows, it helps to identify potential price breakout moments in one or another direction.
Users can adjust duration and Min Level inputs as per security they are interested.
For better visualisation purposes, the background is plotted light green when BB crosses both SMA and EMA upwards. And plotted light red when BB crosses both downwards. Users can also adjust the colors as per their preferences.
This indicator just helps to define potential BB expansion moments. No indicator alone is perfect and for most effective use needs to be complemented with overall market context and other chart patterns.
200 SMA + VWAP + Manual ADX Entry Signal200 SMA + VWAP + Manual ADX Entry Signal – Indicator Description
This custom indicator is designed for trend-following intraday traders who want a powerful, rules-based entry confirmation system. It combines three proven tools—the 200-period Simple Moving Average (SMA), Volume-Weighted Average Price (VWAP), and a manually coded ADX (Average Directional Index)—to identify high-probability long entries in strong, directional markets.
By filtering trades through a combination of trend direction, mean-reversion reference, and momentum strength, this indicator helps traders avoid false breakouts, whipsaws, and low-quality setups. It’s particularly well-suited for traders using 15-minute charts, leveraged ETFs, or high-beta stocks, where precision entries and trend confirmation are critical to consistent profitability.
⸻
✅ What This Indicator Does
This indicator visually displays:
• The 200-period SMA (orange line) – a long-term trend filter.
• The VWAP (blue line) – a dynamic intraday price average used by institutions.
• A buy signal triangle below the price bar – when all bullish criteria are met.
• It also includes an alert condition so traders can be notified when a new buy signal appears in real time.
Behind the scenes, the indicator calculates trend and strength conditions and plots a BUY signal only when all three tools agree that a bullish move is in play.
⸻
🔍 The Three-Pillar Entry System
1. 200 SMA Filter – Defining Market Bias
The 200 SMA is a widely used institutional benchmark that represents long-term trend direction. In this indicator:
• A trade is only considered valid if price is above the 200 SMA.
• This helps eliminate trades in downtrending or range-bound markets.
• It ensures that entries are aligned with broader directional bias.
By filtering out trades below the 200 SMA, you instantly remove a majority of low-probability setups and whipsaw environments.
⸻
2. VWAP – Institutional Mean Price Anchor
VWAP (Volume-Weighted Average Price) is often used by hedge funds and algorithmic systems to judge whether price is considered “expensive” or “cheap” within a given trading session.
• This version of VWAP is anchored to the current intraday session.
• Trades are only considered valid if price is above the VWAP, which shows market consensus is favoring the upside.
• VWAP provides both confirmation and support levels, helping ensure your entry isn’t into overextended territory.
By combining the 200 SMA and VWAP filters, the indicator ensures that trades are only taken when price is strong on both the macro and micro timeframes.
⸻
3. ADX – Confirming Momentum Strength
ADX (Average Directional Index) is used to measure trend strength without regard to direction. However, TradingView has limited functionality with the ta.adx() call in some environments, so this script includes a custom-coded version of ADX that follows standard Wilder’s smoothing and directional movement logic.
• A BUY signal only triggers if ADX is above a user-defined threshold (default is 20) and rising from the previous bar.
• This means not only is the market trending — but the trend is strengthening.
This final filter prevents entries in chop or decaying rallies, and ensures you’re catching the strongest part of a move, not the tail end.
⸻
⚙️ Logic Summary
A BUY signal is plotted when:
• Price > 200 SMA ✅
• Price > VWAP ✅
• ADX > 20 and rising ✅
Only when all three conditions are true does the indicator plot a green triangle below the price bar.
This visual simplicity makes it ideal for fast trade decisions, and the alert function allows hands-free monitoring during busy sessions.
⸻
🧠 Recommended Use
This indicator works best on:
• 15-minute to 1-hour charts
• Intraday leveraged ETFs (e.g., TQQQ, SPYU, SQQQ)
• Trend-following strategies
• Breakout continuation trades
⸻
📉 Limitations
• This is a long-only system by design. If you want to trade short, you’ll need to invert the logic (e.g., price < 200 SMA, price < VWAP, ADX > threshold).
• It doesn’t generate exit signals. You should pair this with your own take-profit or trailing stop strategy.
• While it works great for momentum entries, it may underperform in range-bound or news-driven chop markets.
⸻
🛠️ Settings Customization
• SMA Length: default is 200; adjust for faster or slower trend confirmation.
• ADX Length: default is 14; shorter periods = more sensitive, longer = smoother.
• ADX Threshold: default is 20; raise to 25 or 30 to only catch very strong moves.
These settings give you flexibility to match the indicator to your trading style.
⸻
🚀 Final Thoughts
The 200 SMA + VWAP + Manual ADX Entry Signal is a battle-tested, rule-based tool to help you:
• Enter only when the trend, mean, and momentum align
• Avoid fakeouts and poor risk-reward entries
• Automate part of your setup process without overcomplication
This is the kind of filter used by professional traders to reduce screen time and improve trade quality. If you’re looking to build confidence in your intraday trading with clear, logical entries — this indicator will help you stay consistent and systematic.
Happy trading!
Historical Volatility with HV Average & High/Low Trendlines
### 📊 **Indicator Title**: Historical Volatility with HV Average & High/Low Trendlines
**Version**: Pine Script v5
**Purpose**:
This script visualizes market volatility using **Historical Volatility (HV)** and enhances analysis by:
* Showing a **moving average** of HV to identify volatility trends.
* Marking **high and low trendlines** to highlight extremes in volatility over a selected period.
---
### 🔧 **Inputs**:
1. **HV Length (`length`)**:
Controls how many bars are used to calculate Historical Volatility.
*(Default: 10)*
2. **Average Length (`avgLength`)**:
Number of bars used for calculating the moving average of HV.
*(Default: 20)*
3. **Trendline Lookback Period (`trendLookback`)**:
Number of bars to look back for calculating the highest and lowest values of HV.
*(Default: 100)*
---
### 📈 **Core Calculations**:
1. **Historical Volatility (`hv`)**:
$$
HV = 100 \times \text{stdev}\left(\ln\left(\frac{\text{close}}{\text{close} }\right), \text{length}\right) \times \sqrt{\frac{365}{\text{period}}}
$$
* Measures how much the stock price fluctuates.
* Adjusts annualization factor depending on whether it's intraday or daily.
2. **HV Moving Average (`hvAvg`)**:
A simple moving average (SMA) of HV over the selected `avgLength`.
3. **HV High & Low Trendlines**:
* `hvHigh`: Highest HV value over the last `trendLookback` bars.
* `hvLow`: Lowest HV value over the last `trendLookback` bars.
---
### 🖍️ **Visual Plots**:
* 🔵 **HV**: Blue line showing raw Historical Volatility.
* 🔴 **HV Average**: Red line (thicker) indicating smoothed HV trend.
* 🟢 **HV High**: Green horizontal line marking volatility peaks.
* 🟠 **HV Low**: Orange horizontal line marking volatility lows.
---
### ✅ **Usage**:
* **High HV**: Indicates increased risk or potential breakout conditions.
* **Low HV**: Suggests consolidation or calm markets.
* **Cross of HV above Average**: May signal rising volatility (e.g., before breakout).
* **Touching High/Low Levels**: Helps identify volatility extremes and possible reversal zones.
Squeeze & Breakout Confirmation StrategyThis strategy focuses on identifying periods of low volatility (Bollinger Band Squeeze) and then confirming the direction of the subsequent breakout with momentum, volume, and candle strength.
Concepts Applied: Bollinger Bands (Squeeze), RSI (Momentum), Market Volume (Conviction), Candle Size (Strength)
Buy Signal:
Bollinger Band Squeeze: Look for a period where the Bollinger Bands contract significantly, indicating low volatility and consolidation. The bands should be very close to the price action.
RSI Breakout: After the squeeze, wait for the price to break decisively above the upper Bollinger Band. Simultaneously, the RSI should break above 60 (or even 70), indicating strong bullish momentum.
Volume Surge: The breakout candle should be accompanied by a significant increase in trading volume, ideally above its recent average, confirming strong buying interest.
Strong Bullish Candle: The breakout candle itself should be a large, bullish candle (e.g., a strong green candle with a small upper wick or a bullish engulfing pattern), demonstrating buyer conviction.
Sell Signal (Short):
Bollinger Band Squeeze: Look for a period where the Bollinger Bands contract significantly.
RSI Breakdown: After the squeeze, wait for the price to break decisively below the lower Bollinger Band. Simultaneously, the RSI should break below 40 (or even 30), indicating strong bearish momentum.
Volume Surge: The breakdown candle should be accompanied by a significant increase in trading volume, ideally above its recent average, confirming strong selling interest.
Strong Bearish Candle: The breakdown candle itself should be a large, bearish candle (e.g., a strong red candle with a small lower wick or a bearish engulfing pattern), demonstrating seller conviction.
