Professional Price Action AnalysisProfessional Price Action Analysis - Advanced S/R & Pattern Detection
A comprehensive technical analysis tool combining dynamic support/resistance zones, candlestick pattern recognition, trend analysis, and volume insights.
KEY FEATURES:
✓ Dynamic Support & Resistance Zones
- Automatically identifies swing highs/lows
- Classifies levels based on current price position
- Support zones display BELOW price (green)
- Resistance zones display ABOVE price (red)
- Adjustable zone thickness and lookback period
✓ Candlestick Pattern Detection
- Bullish/Bearish Engulfing patterns
- Pin bars (reversal signals)
- Inside bars (consolidation)
- Rejection candles (wick analysis)
- Visual markers on chart with labels
✓ Trend Analysis
- Customizable moving average (default 50-period SMA)
- Background color zones for trend direction
- Price vs MA percentage calculation
- Bullish/Bearish/Neutral classification
✓ Volume Analysis
- Volume spike detection (configurable multiplier)
- Highlights unusual volume with bar colors
- Helps identify institutional activity
✓ Information Dashboard
- Clean, readable display (top-right corner)
- Current trend status
- Distance to nearest support/resistance
- Volume status (High/Normal)
- Price deviation from moving average
✓ Alert System
- Alerts for all candlestick patterns
- Volume spike notifications
- Customizable alert conditions
CUSTOMIZABLE INPUTS:
• Swing detection length (3-50 bars)
• S/R lookback period (20-200 bars)
• Zone thickness percentage
• Maximum zones displayed
• Trend MA length
• Volume spike multiplier
• Toggle individual pattern types
BEST FOR:
- Swing traders identifying key levels
- Day traders spotting reversal patterns
- Price action enthusiasts
- Multi-timeframe analysis
This indicator does not repaint. All signals are confirmed after candle close. Suitable for all markets: stocks, forex, crypto, commodities.
Educational tool for technical analysis. Not financial advice.
Analisis Candlestick
MB-MACD## Description
**MB-MACD** is a custom Pine Script indicator designed to enhance momentum analysis by combining a volume-based "Main Buy Ratio" (MB) calculation with a traditional MACD oscillator. The MB Ratio estimates institutional buying pressure by apportioning volume based on the candle's range and close position, providing a unique proxy for "smart money" flow. This smoothed MB value is then used as the source for MACD computation, allowing for divergence detection between price action, the MB line, and the MACD Histogram.
Key features include:
- **MB Line**: A histogram-style plot showing smoothed buy/sell ratio, colored bullishly (teal) or bearishly (pink) based on direction.
- **MACD Histogram**: Standard MACD applied to the MB source, with optional smoothing.
- **Divergence Detection**: Identifies bullish and bearish divergences on both the MB line and MACD Histogram, with configurable filters for momentum decay and zero-line alignment.
- **Visualization Options**: Display divergence lines and labels in the indicator pane or synced as an overlay on the main chart for better context.
- **Alerts**: Triggers for bullish or bearish divergences to notify users of potential reversal setups.
This indicator is particularly useful for swing traders and momentum followers looking to spot hidden divergences that may signal trend reversals or continuations. It emphasizes risk management by highlighting where price and momentum decouple, but remember: divergences are probabilistic signals and should be confirmed with other tools.
As this is a community-shared script, I encourage users to test it thoroughly and provide feedback. If you spot any bugs, calculation errors, or improvements (e.g., edge cases with low-volume symbols or performance issues on certain timeframes), please comment below or reach out—your input helps refine it for everyone!
## User Manual
### Introduction
The **MB-MACD** indicator integrates volume analysis with MACD to detect divergences in price and momentum. The core innovation is the "Main Buy Ratio" (MB), which approximates buying vs. selling volume within each bar based on its range and close position. This MB value is smoothed and fed into a MACD calculation, enabling divergence scans on both the MB line and the resulting MACD Histogram.
Divergences occur when price makes higher highs/lower lows, but the oscillator (MB or Histogram) fails to confirm—often signaling potential reversals. The script offers flexible display options, filters to reduce false positives, and alerts for real-time notifications.
**Important Notes:**
- This is not financial advice; use it for educational purposes and backtest on your symbols/timeframes.
- Works best on liquid stocks or indices with reliable volume data (e.g., daily or higher timeframes).
- Performance may vary on low-volume assets or during after-hours trading.
- If you encounter issues (e.g., no divergences detected or rendering errors), check your chart settings and report them in the comments for community debugging.
### Inputs Explanation
The inputs are grouped for ease of configuration. Adjust them via the indicator's settings panel in TradingView.
#### Core Parameters
- **Show MB Line** (Default: True): Enables/disables the MB Ratio histogram plot.
- **Show MACD Histogram** (Default: True): Enables/disables the MACD line and histogram plots.
- **MB Smoothing (SMA)** (Default: 10, Min: 1): Length for smoothing the raw MB Ratio using a Simple Moving Average (SMA). Higher values reduce noise but may lag.
- **Pivot Lookback Length** (Default: 5, Min: 2): Bars to look back/forward for detecting price pivots (highs/lows) used in divergence logic.
- **Max Lines Kept** (Default: 100, Min: 10): Limits the number of divergence lines/labels to prevent chart clutter.
#### Display Settings
- **Show Lines (Indicator Pane)** (Default: True): Draws divergence lines on the MB line in the indicator pane.
- **Show Labels (Indicator Pane)** (Default: True): Adds labels (e.g., "L" for line divergence) at divergence points in the pane.
- **Show Hist Divergence Lines** (Default: True): Draws dashed lines for MACD Histogram divergences in the pane.
- **Show Hist Divergence Labels** (Default: True): Adds labels (e.g., "H" for histogram divergence) in the pane.
- **Sync Lines to Main Chart (Overlay)** (Default: True): Mirrors divergence lines and labels onto the main price chart for context (slightly offset for visibility).
#### Filters & Tolerance
- **Peak Alignment Tolerance (Bars)** (Default: 5, Min: 0): Allows flexibility in matching oscillator peaks/valleys to price pivots (e.g., within ±5 bars).
- **Max Divergence Distance (Bars)** (Default: 20, Min: 5): Maximum bars between two pivots for a valid divergence; prevents detecting overly distant signals.
- **Enable Momentum Decay Filter** (Default: True): For Histogram divergences, requires the current peak/valley to have a smaller absolute value than the previous (indicating convergence/decay).
- **Enable Zero-Side Filter** (Default: False): Ensures both peaks/valleys in a divergence are on the same side of the zero line (e.g., both positive or both negative).
#### MACD Settings
- **MACD Fast Length** (Default: 12): Fast EMA length for MACD.
- **MACD Slow Length** (Default: 26): Slow EMA length for MACD.
- **MACD Signal Length** (Default: 9): Smoothing length for the MACD signal line.
- **MACD Source Smoothing** (Default: 3, Min: 1): Additional SMA smoothing applied to the MB Ratio before MACD calculation.
### How It Works
1. **MB Ratio Calculation**: For each bar, the script computes the position of the close within the high-low range (0-1). This scales the volume into "buy" and "sell" portions, then derives a net ratio (-100% to +100%). It's smoothed via SMA for the final MB line.
2. **MACD Application**: The (optionally smoothed) raw MB is used as the MACD source, producing a MACD line, signal line, and histogram.
3. **Pivot Detection**: Uses Pine's `ta.pivothigh`/`ta.pivotlow` to find price highs/lows over the lookback period.
4. **Divergence Scanning**:
- **Bearish (on Highs)**: Price makes a higher high, but MB/Hist makes a lower high.
- **Bullish (on Lows)**: Price makes a lower low, but MB/Hist makes a higher low (closer to zero).
- Scans nearby bars for oscillator matches and applies filters.
5. **Rendering**: Lines/labels are drawn in the indicator pane or overlaid on the chart. Colors: Teal for bullish, Pink/Maroon for bearish.
6. **Cleanup**: Automatically removes old lines/labels to stay under the max limit.
### Interpreting the Outputs
- **MB Line (Columns)**: Positive (teal) indicates net buying pressure; negative (pink) shows selling. Watch for crossovers above/below zero as momentum shifts.
- **MACD Histogram (Area)**: Green/teal for positive momentum; red/maroon for negative. Widening bars suggest strengthening trends; narrowing indicates weakening.
- **Divergence Lines/Labels**:
- Solid lines: MB line divergences (thicker, labeled "L").
- Dashed lines: Histogram divergences (thinner, labeled "H").
- Bullish: Teal lines sloping up (potential bottom reversal).
- Bearish: Pink lines sloping down (potential top reversal).
- **Overlay on Chart**: Lines connect price pivots (or offset slightly for Histogram). Use this to visualize how divergences align with candlesticks.
- **Zero Line**: Gray horizontal line; divergences filtered by side if enabled.
**Example Usage**:
- On a daily stock chart, enable overlays and watch for a bullish "L" or "H" label near a price low—could signal a buy if confirmed by volume breakout.
- In a downtrend, bearish divergences on highs might warn of further downside.
### Alerts
- **Bullish Divergence (L or H)**: Triggers on any detected bullish divergence (MB or Histogram).
- **Bearish Divergence (L or H)**: Triggers on bearish divergences.
- Set up via TradingView's alert menu: Select the indicator, choose the condition, and customize the message (e.g., includes ticker).
### Troubleshooting / Known Issues
- **No Divergences Shown**: Increase "Peak Alignment Tolerance" or reduce filters. Ensure pivot length suits your timeframe (shorter for intraday).
- **Too Many Lines/Labels**: Lower "Max Lines Kept" or increase "Max Divergence Distance" to filter distant signals.
- **Performance on Low-Volume Symbols**: MB Ratio may be unreliable; test on high-volume assets first.
- **Rendering Errors**: If lines don't appear, check chart zoom or ensure "force_overlay=true" isn't conflicting with other indicators.
- **NaN/Undefined Values**: Rare on live data but possible in historical backtests; report with symbol/timeframe for fixes.
### Feedback and Contributions
This script is open for community improvement! If you find bugs (e.g., false positives in divergences, calculation edge cases, or UI glitches), or have suggestions (like additional filters or visualizations), please share in the comments. Your feedback helps make it better—let's debug and enhance it together!
NY Open | Opening Drive | Close UTC Open (15m)📝 Indicator Description
This indicator highlights key institutional market timing levels on a 15-minute chart, using New York session time for precision.
It visually marks and colors candles for the most important intraday moments used by active traders:
🔹 Features
NY Open (9:30 AM ET)
- Identifies the official U.S. market open.
Opening Drive Entry (9:45 AM ET)
- Marks the end of the opening volatility window and potential directional confirmation.
NY Close (4:00 PM ET)
- Highlights the U.S. equity market close.
UTC Daily Open (7:00 PM ET / 00:00 UTC)
- Marks the start of the new UTC trading day and colors the candle teal for easy recognition.
🎯 Designed For
- Crypto traders
- Index & futures traders
- Intraday and session-based strategies
- Traders who use time-based entries and session structure
⚙️ Notes
- Built specifically for the 15-minute timeframe
- Automatically adjusts for New York daylight savings
- Works on all markets that trade through the NY session
ULTIMATE Multi-TF Previous CloseULTIMATE Multi-TF Previous Close displays previous close levels across multiple timeframes in one simple, non-repainting indicator.
These levels often act as key decision points, providing natural support, resistance, and directional bias.
Ideal for day traders, swing traders, and scalpers who want higher-timeframe context without clutter.
Features include:
Yearly → 5-minute timeframe coverage
Right-extended horizontal levels
Optional labels with exact prices
Tick-accurate rounding
Designed for clarity. Built for precision.
Candle PatternsOverview
This indicator is a modernized, high-signal-quality candlestick pattern detector designed for the price-action trader. Unlike standard pattern recognizers that trigger on "weak" or indecisive candles (Dojis), this script uses a Momentum-Verified Logic to ensure that multi-candle patterns represent true market conviction.
The script scans for the most reliable reversal and continuation patterns while providing a built-in Moving Average filter to align signals with the prevailing trend.
Key Features
1. Momentum-Verified Logic (Anti-Doji)
Standard patterns like 3 Soldiers or 3 Crows often trigger with small-bodied candles that lack momentum. This indicator uses a custom isStrong() function requiring the candle body to be at least 50% of the total candle range. This effectively filters out weak signals and "leggy" wicks, showing you only when the bulls or bears are truly in control.
2. "Real Body" Engulfing
To reduce noise, the Engulfing logic is calculated using the Real Bodies (Open to Close). The current candle's body must completely engulf the previous candle's body, ignoring the "noise" of long wicks (thicks).
3. Integrated MA Filter
Trade only in the direction of the trend. When the MA Filter is enabled, bullish signals are only shown if price is above the Moving Average, and bearish signals if price is below it.
Supported Patterns
Engulfing (Body-to-Body): Powerful reversal signals ignoring wick noise.
3 Soldiers & 3 Crows: Momentum-verified (no Dojis allowed).
Morning Star & Evening Star: Three-candle bottom/top reversal patterns.
Meeting Line: Strike patterns where closing prices align.
Piercing Line & Dark Cloud: Deep-penetration reversal signals.
Harami: Traditional "inside bar" reversal setups.
How to Use
Select Your Patterns: Use the Settings menu to toggle specific patterns on or off.
Trend Alignment: Enable the "MA Filter" and set your period (e.g., 50 or 200) to filter for high-probability trend-following setups.
Y-Axis Alignment: For the best experience, ensure your Price Scale is set to "Merge All Scales into One (Right)" to keep labels perfectly pinned to price action.
Technical Details
Version: Pine Script v5
Overlay: Yes (Plots directly on candles)
Alerts: Compatible with alertcondition for "Once Per Bar Close" notifications.
Market Structure & Bias [H4/H1]# Market Structure & Bias
## Overview
A **deterministic market structure indicator** that identifies valid swing points (Highs/Lows) and Break of Structure (BOS) events using strict, rule-based logic. No discretionary interpretation, no lagging indicators, no moving averages — just pure price action structure.
This indicator calculates structure independently across **multiple timeframes (H4 & H1)** and displays the current bias for each, helping traders align their entries with higher timeframe direction.
---
## 🔍 How It Works
### Defining Valid Swing Points
**Valid LOW:**
- A bearish candle (close < open) is immediately followed by a bullish candle (close > open)
- The LOW is the lowest price (including wick) of the bearish candle
**Valid HIGH:**
- A bullish candle (close > open) is immediately followed by a bearish candle (close < open)
- The HIGH is the highest price (including wick) of the bullish candle
### Break of Structure (BOS)
**BOS Up (Bullish):**
- Occurs when a candle **closes completely above** the last valid HIGH (close > HIGH wick)
- Sets bias to **Bullish**
**BOS Down (Bearish):**
- Occurs when a candle **closes completely below** the last valid LOW (close < LOW wick)
- Sets bias to **Bearish**
⚠️ **Important:** Wicks that exceed HIGH/LOW levels without a complete close beyond them do NOT qualify as BOS.
---
## 📊 Multi-Timeframe Bias
The indicator calculates structure **independently** for:
- **H4 (4-Hour)**
- **H1 (1-Hour)**
- **Current Chart Timeframe**
Each timeframe maintains its own bias based on the last confirmed BOS:
- Last BOS Up → **Bullish Bias**
- Last BOS Down → **Bearish Bias**
When H4 and H1 are in **confluence** (both bullish or both bearish), the chart background subtly highlights this alignment.
---
## ⚙️ Features
✅ **Strict Rule-Based Logic** — No subjective interpretation
✅ **Multi-Timeframe Analysis** — H4, H1, and current TF structure
✅ **Bias Dashboard** — Clean table showing bias for all timeframes
✅ **Visual Markers** — Labels for swing points (H/L) and BOS events
✅ **Level Lines** — Plots last valid HIGH and LOW levels
✅ **Confluence Detection** — Background color when HTF bias aligns
✅ **Built-in Alerts** — Configurable alerts for all BOS events
---
## 🎨 Settings
| Setting | Description |
|---------|-------------|
| Show Current TF Structure | Toggle current timeframe markers |
| Show H4 Structure | Toggle H4 BOS labels and levels |
| Show H1 Structure | Toggle H1 BOS labels and levels |
| Show Bias Table | Toggle the bias dashboard |
| Show Swing Points | Toggle H/L labels |
| Colors | Customize bullish, bearish, H4, and H1 colors |
| Table Position | Choose corner for bias table |
---
## 📈 How to Use
1. **Identify HTF Bias** — Check the H4 and H1 bias in the table
2. **Wait for Confluence** — Best setups occur when H4 and H1 bias align
3. **Trade with Structure** — Look for entries on your execution timeframe in the direction of HTF bias
4. **Set Alerts** — Use the built-in alerts to get notified of BOS events
### Example Workflow:
- H4 Bias: **Bullish** ✅
- H1 Bias: **Bullish** ✅
- → Look for **long entries** on lower timeframes when structure confirms
---
## 🔔 Alerts
- `Current TF BOS Up` — Bullish BOS on chart timeframe
- `Current TF BOS Down` — Bearish BOS on chart timeframe
- `H4 BOS Up` — Bullish BOS on H4
- `H4 BOS Down` — Bearish BOS on H4
- `H1 BOS Up` — Bullish BOS on H1
- `H1 BOS Down` — Bearish BOS on H1
---
## ⚠️ Disclaimer
This indicator is a tool for **technical analysis** and does not constitute financial advice. Always use proper risk management and combine with your own analysis. Past performance does not guarantee future results.
---
## 📝 Notes
- Works on any instrument (Forex, Crypto, Stocks, Indices)
- Best used on timeframes ≤ H1 for optimal HTF reference
- Structure resets after each BOS — always uses the most recent valid levels
- No repainting — signals are confirmed on candle close
---
**If you find this indicator useful, please leave a like and follow for more tools!** 🚀
VaCs MLL V2Quick User Guide
S/R Levels: These are dynamic Support and Resistance lines. They represent "unmitigated" price levels. As soon as the price hits a line, it disappears to keep your chart clean.
BSL/SSL Zones: The red and green boxes represent Buy-Side Liquidity (Previous Day High) and Sell-Side Liquidity (Previous Day Low). These are magnet zones where the price often heads to hunt stop losses.
Leverage Calculator: The dashboard calculates the exact leverage you should use. If you set your "Risk Per Trade" to 5%, and the price hits the "Stop Loss Price," you will lose exactly 5% of your total capital.
Trend Status: Based on the Daily 30 EMA. If the background is Green (Bullish), look for long entries at S/R levels. If Red (Bearish), look for short entries.
StO Price Action - Engulfing TypesShort Summary
- Multi-timeframe engulfing level indicator
- Supports up to 2 independently configurable timeframes
- Visualizes engulfing-based levels instead of candles or symbols
- Multiple engulfing pattern types and strength variants selectable
- Designed for structural breakout, reaction, and retest analysis
Full Description
Overview
- Identifies and visualizes engulfing-based price levels
- Focuses on where significant engulfing events occurred
- Levels are extended visually to highlight potential reaction zones
- Intended for structural price action and level-based trading
Engulfing Types
- Two main engulfing structures are supported
- Each type supports multiple strength variants:
- Type 1-v1:
- Basic engulfing pattern
- Captures frequent market reactions
- Type 1-v2:
- Stronger move with extended confirmation
- Filters weaker engulfing cases
- Type 2-1CS:
- One candle separation before engulfing
- Indicates short-term buildup before expansion
- Type 2-2CS:
- Two candle separation before engulfing
- Indicates stronger accumulation or distribution
Timeframe Configuration
- Up to 2 timeframes configurable independently
- Each timeframe supports:
- Enable / disable visualization
- Timeframe selection from intraday to monthly
- Independent long and short colors
- Line style selection (solid, dashed, dotted)
- Adjustable level length for visual extension
Visualization
- Engulfing events are visualized as adjustable lines
- Levels represent the relevant price reference of the engulfing structure
- Designed to remain visible for retests and reactions
- Clean, non-intrusive visualization focused on structure
Usage
- Useful for identifying potential support and resistance derived from engulfing behavior
- Helps track where aggressive buying or selling entered the market
- Suitable for breakout, pullback and continuation analysis
- Works across multiple timeframes for confluence
Notes
- Level-based visualization only
- Effectiveness depends on selected engulfing types and timeframes
- Best used in combination with market structure or higher-timeframe context
StO Price Action - EngulfingShort Summary
- Multi-timeframe engulfing pattern visualizer
- Supports up to 5 independently configurable timeframes
- Simple or complex engulfing detection logic selectable
- Visual output via candles or ▲▼ markers
- Optional alerts per timeframe
- Designed for pattern-based price action analysis
Full Description
Overview
- Detects and visualizes bullish and bearish engulfing patterns
- Works across multiple selectable timeframes simultaneously
- Focuses on classical price action patterns
- Designed for discretionary and confirmation-based analysis
Engulfing Logic
- Two selectable detection modes:
- Simple:
- Based on classical open/close engulfing definition
- Lightweight and broadly applicable
- Complex:
- Extended conditions including high/low relationships
- Requires stronger price dominance and range expansion
- Filters weaker or marginal engulfing patterns
Timeframe Configuration
- Up to 5 timeframes configurable independently
- Each timeframe supports:
- Enable / disable visualization
- Timeframe selection (Chart to Monthly)
- Independent bull and bear coloring
- Enable / disable bullish and bearish detection
Visualization
- Two visualization modes per timeframe:
- Candle-based highlighting
- Symbol-based visualization using ▲▼
- Allows clean abstraction on lower timeframes
Alerts
- Optional alert activation per timeframe
- Alerts trigger on detected engulfing patterns
- Can be used for monitoring higher-timeframe structures
Usage
- Suitable for price action and pattern traders
- Useful for identifying potential reversal or continuation zones
- Works well as confirmation within market structure
Notes
- Pattern-based visualization only
- No trade execution or strategy logic
- Signal strength depends on selected algorithm and timeframe
- Recommended to use higher timeframes for stronger context
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Volume InsiderThis indicator shows you the percentage of buyers and sellers per candle on any time frame. Please go into the setting and change the color for buy and sell to whatever you would like.
First presented FVG ICT by @traderbinjFirst Presented FVG ICT by @tradebinj
This indicator identifies the first valid Fair Value Gap (FVG) that forms on the 1-minute (m1) timeframe after the market open (default 09:30 AM). It is designed for ICT concepts, helping traders spot the initial imbalance of the session while ignoring noise and weekend gaps.
Key Features:
Precision M1 Detection: Automatically calculates FVGs strictly on the 1-minute chart but displays them visible on any higher timeframe (5m, 15m, 1H, etc.).
Session & Timezone Control: Customizable start time (default 09:30) and end-of-day cutoff (16:00), with a timezone selector to support any asset class (Futures, Forex, Crypto).
Intelligent Filtering: Includes logic to ignore "New Week Opening Gaps" (weekend data) and strictly filters for the first setup of the session.
Visual Customization: Toggle between "Box" or "Lines Only" modes. Fully adjustable colors for Bullish/Bearish fills and borders.
History & Extension: Choose how many past FVGs to keep on the chart and optionally extend all active zones to the current price.
Smart Text: clearly labels the zone as "1st fvg" with customizable alignment.
Nifty Trading BustarThis indicator combines dynamic Support–Resistance zones, EMA-based trend direction, and auto Trendline detection to give a complete market structure view in a single tool.
It helps identify key reversal areas, breakout zones, trend strength, and momentum shifts with clean visuals.
Perfect for intraday and swing traders who want clarity without clutter.
JATAYU Institutional Vision Engine# JA-VIEW
JATAYU – Institutional Vision Engine
A single-symbol intraday market intelligence dashboard that displays:
• Daily range exhaustion (DATR)
• Activity insights
• 5m & 15m trend structure with strength
Built to help traders observe whether a stock shows expansion potential or exhaustion through objective data visualization.
JA-VIEW is an analysis and observation tool only.
It does not provide buy/sell calls or financial advice.
Access: Invite Only
Instagram: @kraftoncharts
www.instagram.com
For requesting access to JATAYU – Market Vision Engine. Please DM me on Instagram: @kraftoncharts instagram.com/kraftoncharts?igsh=d with your TradingView username and reason for access. This is a private tool shared selectively.
A Humbled Trader Strategy + ChecklistHumbled Trader Swing Strategy + Checklist
This indicator is a complete swing trading system based on the high-probability strategies popularized by Humbled Trader. It is designed to help traders identify trend breakouts and low-risk momentum pullbacks on the Daily Timeframe.
The script combines trend filtering, automated resistance lines, and specific entry triggers into a single chart overlay, complete with a real-time Strategy Checklist Dashboard to confirm your setups instantly.
🎯 Core Components
Trend Filter (Purple Line): The 200 Simple Moving Average (SMA). This acts as your long-term trend filter. We only look for long trades when the price is above this line.
Momentum Guide (Orange Line): The 8 Exponential Moving Average (EMA). This tracks short-term momentum. In a strong trend, price will "ride" this line. We look to enter when price pulls back to touch this area.
Multi-Month Resistance (Orange Horizontal Line): Automatically plots the highest price over the last X Months (adjustable). This helps you instantly visualize the key level the stock needs to break out from.
Checklist Dashboard: A real-time table that evaluates Trend, Resistance, and Momentum conditions to give you a clear "✅ ENTER", "🚀 GAP UP", or "⏳ WAIT" signal.
🛠 How It Works
This indicator scans for two specific setups:
1. The Daily Gap Up ("GAP" Label) This signal appears when a stock shows strong momentum by gapping up overnight.
Condition: The stock opens at least 3% higher (adjustable) than the previous day's Close AND opens above the previous day's High.
Trend: Must be above the 200 SMA.
Visual: Marked with a green "GAP" label on the chart.
2. The Trend Pullback ("ENTER" Signal) This is a trend-following entry that lets you join an existing move with lower risk.
Condition: The stock is in an uptrend but dips down to touch or test the 8 EMA.
Validation: The candle must show a "dip" (red candle or lower close) to ensure we are buying a pullback, not chasing a top.
Visual: The Dashboard "Action Signal" will turn orange and display "✅ ENTER".
📋 The Checklist Dashboard
Located in the corner of your chart, this table provides a live status report for the current bar:
Trend (> 200 SMA):
🟢 Bullish: Price is in an uptrend. Safe to look for entries.
🔴 Bearish: Price is below the 200 SMA. Stay away.
Above Resistance?:
🟢 Breakout: Price has cleared the multi-month resistance line.
⚪ ---: Price is currently below the key breakout level.
Near 8 EMA?:
🟢 Yes: Price is near the "value zone" (8 EMA) for a potential pullback entry.
Action Signal:
🚀 GAP UP: Strong momentum gap detected.
✅ ENTER: Valid pullback entry detected.
⏳ WAIT: No clear setup found.
⚙️ Settings
Momentum EMA Length: Default is 8. Controls the sensitivity of the pullback line.
Trend SMA Length: Default is 200. The standard for long-term trend filtering.
Gap Up % Threshold: Default is 3.0%. Minimum overnight gap size required to trigger a signal.
Resistance Lookback (Months): Default is 3. The script will look back this many months to find and draw the key resistance line.
Table Position: Move the checklist to any corner of your screen.
⚠️ Disclaimer
This tool is for educational purposes only and does not constitute financial advice. Always manage your risk and use a stop loss.
Engulfing Candlestick ScannerThis Indicator is used to Identify Engulfing Candles. It work on any timeframe.
Toby Crabel's HisVolAs in Linda Raschke's Street smarts..... . This indicator shows the signals of Toby Crabel's Historical Volatility 6/100 strategy. The strategy assumes, that volatility contraction measured by two measures would give better results.
There is one other script that is a strategy , but it assumes that the signal requires both inside bar and narrowest range, what is not as in Linda Raschke's.
The strategy and what does the script do:
1) measures short-term unannualized volatility (by default six), long term uannualized volatility (by default 100), and measures the ratio of short volatility / long volatility.
2) checks if the current bar is an inside bar or has narrowest range out of last X bar (by default 4), or both,
3) puts an etiquette if short volatility / long volatility is equal to or smaller than 0,5 AND the day is inside bar, has narrowest range, or both.
Next day both buy-stop and sell-stop should be set. Buy-stop at the high and sell-stop at the low of the bar with etiquette.
This is by no means any financial advice, nor the historical results guarantee future gain.
Continuous Trend Continuous Trend Order Block (CT-OB) Indicator
This indicator is a specialized Smart Money Concepts (SMC) tool designed to identify high-probability Order Blocks (OB) based on a strict "Body-Break" vs. "Wick-Break" validation logic. Unlike standard structure indicators, it distinguishes between genuine trend continuations and simple liquidity sweeps.
Key Logic & Features:
Structure Validation: * Strong OB (Solid Line): Formed when the price breaks a previous structural high/low with a full candle Body Close. This signifies real institutional momentum.
Weak OB (Dashed Line): Formed when the price only breaks the structure with a Wick, which is treated as an Inducement (IDM) or liquidity sweep rather than a trend change.
50% Mitigation Rule: To keep the chart clean and relevant, an Order Block is marked as "Mitigated" (turning grey) only after the price retraces and penetrates more than 50% (Equilibrium) of the OB area.
Automatic TP Targets: Once an entry OB is touched, the script dynamically generates a Thick Yellow Line targeting the nearest Strong Opposite OB as a Take Profit level.
Optimized Performance: Features a customizable "OB Limit" (defaulted to 40) to manage historical data and ensure a clean, clutter-free visual experience.
Aesthetic Design: Uses soft, transparent colors to ensure candle visibility while maintaining professional technical clarity.
Big Trades [Volume Anomalies] (Enhanced)The script is a **volume-anomaly “big trades” detector** for futures that tries to (1) split each candle’s volume into a **buy-pressure** and **sell-pressure** estimate, (2) flag **statistically extreme** candles (tiers), and (3) optionally label those extremes as **initiative (follow-through)** vs **absorbed (no follow-through)** using a forward-style confirmation window.
Here’s what it does, piece by piece.
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## 1) What it’s trying to detect
It’s not true “whale prints” or real bid/ask delta. It detects:
* **unusually large participation** (volume anomaly)
* with a **directional guess** (buy-ish vs sell-ish)
* and then checks whether price **continued** after that anomaly
So it’s: **“big participation + did it work?”**
---
## 2) The “buy vs sell volume” estimate
For each candle, it builds a **weight** for buy and sell pressure:
* **close location within the candle**
* close near high → more buy weight
* close near low → more sell weight
* **body direction (close–open)**
* bullish body adds buy boost
* bearish body adds sell boost
Then it computes:
* `raw_buy = volume * buy_weight`
* `raw_sell = volume * sell_weight`
This is an **OHLC-based proxy** for pressure, not real aggressor volume.
---
## 3) Normalization (makes it behave across sessions)
If enabled, it divides by ATR:
* `norm_buy = raw_buy / ATR`
* `norm_sell = raw_sell / ATR`
This helps a lot on futures because volume/volatility regimes differ between Asia/London/NY.
---
## 4) Statistical anomaly detection (z-score logic)
It calculates “what’s normal” using the last `lookback` bars, but **uses ` `** so the current bar doesn’t contaminate the stats (reduces flicker):
* `avg_buy = sma(norm_buy, lookback) `
* `std_buy = stdev(norm_buy, lookback) `
(and same for sell)
Then it computes **z-scores**:
* `z_buy = (norm_buy - avg_buy) / std_buy`
* `z_sell = (norm_sell - avg_sell) / std_sell`
If z-score crosses thresholds, it triggers tiers:
* Tier 1: `sigma`
* Tier 2: `sigma + tier_step1`
* Tier 3: `sigma + tier_step2`
So **Tier 3 = “big bubble”**.
---
## 5) Optional VWAP bias filter
It computes VWAP correctly as:
* `vwapv = ta.vwap(hlc3)`
If enabled:
* buys only when `close >= vwap`
* sells only when `close <= vwap`
This is just a **trend/bias filter** to reduce counter-trend bubbles.
---
## 6) Plotting (how bubbles appear)
It places markers at:
* buys around `(close+low)/2` (lower-ish)
* sells around `(close+high)/2` (upper-ish)
And draws:
* small/medium/large circles (depending on tier)
* with optional INIT/ABS overlays (explained next)
---
## 7) “Initiative vs Absorbed” classification (the smart part)
Because Pine can’t see the future on the same bar, your script does a **delayed evaluation**:
* It waits `N = confirm_bars`
* Looks at what happened from the signal bar to the current bar
* Decides if price moved far enough in the intended direction
It uses:
* `hh_window = highest(high, N+1)`
* `ll_window = lowest(low, N+1)`
(these cover the last N+1 bars: from signal bar to now)
Then it measures follow-through:
* For a buy signal N bars ago:
`buy_move = hh_window - high `
* For a sell signal N bars ago:
`sell_move = low - ll_window`
It compares to an ATR-based threshold anchored to the signal bar:
* `thr_move_sig = ATR * move_mult_atr`
If move > threshold → **INIT**
Else → **ABS**
Then it **plots back onto the original signal bar** using `offset=-N` so it visually marks the candle that caused it.
To make it obvious:
* **INIT** = circle
* **ABS** = X
This part is “accurate” in the sense that it’s purely **price-outcome based**.
---
## 8) Labels (optional)
If enabled, it prints labels on those large signals with:
* INIT/ABS
* the z-score at the signal bar
* and a “delta proxy” (`norm_buy - norm_sell`), not true delta
---
## In one sentence
The script flags **statistically extreme volume-pressure candles** (buy/sell proxy), and then classifies those extremes as **worked (initiative)** or **failed (absorbed)** based on **subsequent price movement** within `confirm_bars`.
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