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Short-Timeframe Volume Spike DetectorShort-Timeframe Volume Spike Detector Description: The Short-Timeframe Volume Spike Detector is an advanced multi-timeframe (MTF) indicator that automatically detects sudden volume surges and price expansion events on a lower timeframe and displays them on a higher (base) timeframe chart — helping traders identify hidden intraday accumulation or breakout pressure within broader candles. ⚙️ How It Works Select a Base Timeframe (e.g., Daily, 4H, 1H). The script automatically fetches data from a Lower Timeframe (e.g., Daily → 1H, 1H → 15m). Within each base bar, it scans all the lower timeframe candles to find: Volume Spikes: Volume exceeds average × multiplier or a custom threshold. Price Strength: Candle shows upward movement beyond a minimum % change. When both conditions are met, a spike signal is plotted on the higher timeframe chart. 🔍 Features ✅ Automatic Lower Timeframe Mapping — Dynamically selects the most relevant lower timeframe. ✅ Two Detection Modes: Multiplier Mode: Volume spikes defined as multiple of average lower timeframe volume. Manual Mode: Custom absolute volume threshold. ✅ Trend Filter Option: Show only signals during uptrends (configurable). ✅ Visual Markers: Purple “X” = Volume Spike Detected Dotted red & green lines = Candle range extension ✅ Custom Label Placement: Above High / Below Low / At Spike Price ✅ Debug Mode: Displays full diagnostic info including detected volume, threshold, and % change. 📊 Use Cases Detect early accumulation in daily candles using hourly or 15-min data. Identify institutional buying interest before visible breakouts. Confirm strong continuation patterns after price compression. Spot hidden intraday activity on swing or positional charts. 🧩 Inputs Overview Input Description Base Timeframe Main chart timeframe for analysis Lookback Bars Number of recent candles to scan Volume Mode “Multiplier” or “Manual Benchmark” Volume Multiplier Multiplier applied to average lower timeframe volume Manual Volume Threshold Fixed volume benchmark Min Price Change % Minimum lower timeframe candle % move to qualify Use Trend Filter Only show in uptrend (close > close ) Extend Bars Number of bars to extend dotted lines Label Position Choose Above High / Below Low / At Spike Price Debug Mode Show live internal values for calibration 🧠 Tips Ideal for swing traders and multi-timeframe analysts. Works best when base = Daily and lower = Hourly or 15m. Combine with Volume Profile, VWAP, or RRG-style analysis for stronger confluence. Use Multiplier 1.5–2.5 to fine-tune for your asset’s volatility. ⚠️ Notes Works only when applied to the base timeframe selected in inputs. May not display signals on non-standard intraday timeframes (like 3H). Labels limited to max_labels_count for performance stability.
Penunjuk Pine Script®
oleh nithinshenoy7
OpenVWAP Stop-Hunt Short – v6 (failsafe) ZorzOpenVWAP Stop-Hunt Short (Micro/Nano Caps) Intraday short framework for low-float gappers (NASDAQ/NYSE), optimized for 1m (optional 15s). The script anchors VWAP to Premarket and Regular sessions, tracks PM High (PM HOD) and Open VWAP, and flags liquidity grabs. Signal logic SHORT when a stop-hunt above PM HOD or an Open VWAP fakeout occurs and the bar closes below Open VWAP (optional confirmation: crossunder VWMA*0.985 “long50”). CLOSE when price reclaims Open VWAP or crosses above long50. Inputs Min wick%, volume spike vs SMA20, range vs ATR(1) No-trade bars after the open (filters first noisy minutes) Toggle ACW confirmation (VWMA*0.985) Notes Turn Extended Hours ON; session times are ET. Best on micro/nano-cap gappers with high PM volume; supports alerts (“Open Short”, “Close Short”). For research/education only; not financial advice.
Penunjuk Pine Script®
oleh StevenCharles7
MTF Support & Resistance (Optimized)🧠 Smart Multi-Timeframe Support & Resistance (4H / 1H) This advanced indicator automatically detects, clusters, and visualizes high-probability support and resistance levels across multiple timeframes — giving traders a clean and intelligent market map that adapts to price action in real time. 🔍 How It Works The script scans historical 4-hour and 1-hour charts to identify swing highs and lows using pivot logic. It then applies ATR-based clustering to merge nearby levels, filters weak or irrelevant zones, and highlights the most significant price reaction areas based on the number of touches and proximity to the current price. Each level’s thickness and transparency are dynamically adjusted by strength: Thicker lines = more confirmations (stronger level) Fainter lines = weaker, less-tested level ⚙️ Main Features ✅ Multi-Timeframe Analysis (4H + 1H) ✅ Automatic pivot detection and level clustering ✅ Smart filtering based on ATR, proximity, and touch count ✅ Dynamic line width and opacity that scale with level strength ✅ Minimal clutter — only the most relevant nearby levels are displayed ✅ Color-coded visualization for quick interpretation 🔴 Red = 4H Resistance 🟢 Lime = 4H Support 🟠 Orange = 1H Resistance 🟦 Aqua = 1H Support 🎯 Ideal For Scalpers, swing traders, and intraday analysts who want: A clear visual map of major reaction zones Automatic detection of high-confluence levels A smart, adaptive system that works across assets and timeframes 📈 Usage Tips Combine with volume, order-flow, or market-structure tools for confluence. Use higher-strength levels (thicker lines) as bias zones for entries and exits. Enable or disable 4H/1H visibility to match your trading style. Built with precision and performance in mind — this Smart S&R system transforms raw swing data into a readable, multi-layered price map for confident trading decisions.
Penunjuk Pine Script®
oleh Prospecttrades
SMC Smart Money Concepts [GPT-5] SRKWhat Smart Money Concepts (SMC) Means Smart Money Concepts aim to analyze price action and market structure to identify where large players are likely entering or exiting trades. It’s based on the idea that markets move because of liquidity and institutional order flow, not just technical indicators. 🔹 Core Principles of SMC Market Structure – Identify trends, highs/lows, and shifts (BOS = Break of Structure, CHoCH = Change of Character). Liquidity – Understand where stop losses accumulate (above highs or below lows) — these are zones institutions target. Order Blocks (OBs) – Candles or zones where institutional buying or selling likely originated. Fair Value Gaps (FVGs) – Imbalances in price where there was no trading activity; price often returns to fill these. Premium & Discount Zones – Using Fibonacci or structural levels to determine optimal buy (discount) and sell (premium) areas. Mitigation & Re-entry – Smart money often re-enters positions to “mitigate” previous orders. 🔹 Why Traders Use SMC To align with institutional order flow instead of retail sentiment. To improve precision in entries/exits (fewer trades, higher RR). To understand why price moves, not just how. 🔹 Example If EUR/USD is trending down, an SMC trader might: Wait for liquidity sweep above a recent high (where retail traders put stop losses). Spot a bearish order block. Enter a sell trade once structure breaks lower (BOS), aiming for liquidity below a recent low.
Penunjuk Pine Script®
oleh voxbroin
Overnight Time Box Overnight Time Box (22:59 → 09:59, minutes & TZ) Automatically draws a time-based box for a customizable window that can cross midnight. Perfect for marking the overnight range up to London open (e.g., 22:59–09:59 in Europe/Bucharest), but works with any minute-level window. What it does Builds a daily box covering all price action between two user-defined times (e.g., 22:59 → 09:59). Tracks session High/Low in real time and can plot extended HL lines for reference. Keeps historical boxes on the chart for backtesting and review (no flicker, no errors). How to use Add the script to an intraday chart. Configure: Time zone (default: Europe/Bucharest). Interval (HHMM-HHMM) — e.g., 2259-0959 (minutes supported). Optional: High/Low lines, fill color, border color, line width. Use on intraday timeframes (M1–H4). Note: On Daily/Weekly/Monthly, a heads-up label reminds you it’s designed for intraday use. Inputs Time zone: correct DST handling. Interval (HHMM-HHMM): supports windows that span midnight. Draw High/Low lines: extended HL guides for the session. Colors & widths: full visual customization. Use cases Mark the overnight range into London open (10:00 RO). Delimit Killzones / ICT Silver Bullet windows. Study range, liquidity raids, FVGs before major sessions. Tech notes Built on Pine Script v5 using input.session → stable, DST-safe. Increased max_boxes_count / max_lines_count to preserve history. Boxes are “frozen” at session end and remain on chart. Limitations Intended for intraday only. One interval per script instance; attach multiple instances for multiple windows.
Penunjuk Pine Script®
oleh alexandru2
KRX RS OverlayKRX RS Overlay (Manual, Pine v6) (한국어 설명 아래에) What it does Plots a Relative Strength (RS) line of the current symbol versus a selected Korean market index on the price chart (overlay). RS is computed as Close(symbol) / Close(benchmark) and rebased to 100 N bars ago for easy comparison. An SMA of RS is included for signal smoothing. Benchmarks (manual selection only) • KOSPI (KRX:KOSPI) — default • KOSDAQ (KRX:KOSDAQ) • KOSPI200 (KRX:KOSPI200) • KOSDAQ150 (KRX:KOSDAQ150) Inputs • Benchmark: choose one of the four indices above (default: KOSPI) • Rebase N bars ago to 100: sets the normalization point (e.g., 252 ≈ 1 trading year on daily) • RS SMA length: smoothing period for the RS line • Show 100 base line: toggle the reference line at 100 How to read • RS rising → the symbol is outperforming the selected index. • RS above RS-SMA and sloping up → strengthening leadership vs. the benchmark. • RS crossing above RS-SMA → momentum-style confirmation (an alert is provided). Tips • Works on any timeframe; the benchmark is requested on the same timeframe. • If the RS line scale conflicts with price, place the indicator on the Left scale (Chart Settings → Scales) or set the series to use the left axis. Notes • This script is manual only (no auto index detection). • Educational use; not financial advice. ⸻ KRX RS 오버레이 (수동, Pine v6) 기능 현재 종목을 선택한 한국 지수와 비교한 상대강도(RS) 라인을 가격 차트 위(오버레이)에 표시합니다. RS는 종목 종가 / 지수 종가로 계산하며, 비교를 쉽게 하기 위해 N봉 전 = 100으로 리베이스합니다. 신호 완화를 위해 RS의 SMA도 함께 제공합니다. 벤치마크(수동 선택만 지원) • KOSPI (KRX:KOSPI) — 기본값 • KOSDAQ (KRX:KOSDAQ) • KOSPI200 (KRX:KOSPI200) • KOSDAQ150 (KRX:KOSDAQ150) 입력값 • Benchmark: 위 4개 지수 중 선택(기본: KOSPI) • Rebase N bars ago to 100: 리베이스 기준(일봉 252 ≈ 1년) • RS SMA length: RS 스무딩 기간 • Show 100 base line: 100 기준선 표시 여부 해석 가이드 • RS 상승 → 선택 지수 대비 초과성과. • RS가 RS-SMA 위 & 우상향 → 벤치마크 대비 리더십 강화. • RS가 RS-SMA 상향 돌파 → 모멘텀 확인(알림 제공). 팁 • 모든 타임프레임에서 동작하며, 지수도 동일 타임프레임으로 요청됩니다. • 가격 축과 스케일이 겹치면 왼쪽 스케일로 표시하도록 설정하세요(차트 설정 → Scales). 유의사항 • 자동 지수 판별 기능은 포함하지 않았습니다(수동 전용).
Penunjuk Pine Script®
oleh acehwang14
Pinbar MTF - No Repaint# Pinbar MTF - No Repaint Indicator ## Complete Technical Documentation --- ## 📊 Overview **Pinbar MTF (Multi-Timeframe) - No Repaint** is a professional-grade TradingView Pine Script indicator designed to detect high-probability pinbar reversal patterns with advanced filtering systems. The indicator is specifically engineered to be **100% non-repainting**, making it reliable for both live trading and backtesting. ### Key Features ✅ **Non-Repainting** - Signals only appear AFTER bar closes, never disappear ✅ **Three-Layer Filter System** - ATR, SWING, and RSI filters ✅ **Automatic SL/TP Calculation** - Based on risk:reward ratios ✅ **Real-time Alerts** - TradingView notifications for all signals ✅ **Visual Trade Management** - Lines, labels, and areas for entries, stops, and targets ✅ **Backtesting Ready** - Reliable historical data for strategy testing --- ## 🎯 What is a Pinbar? A **Pinbar (Pin Bar/Pinocchio Bar)** is a single candlestick pattern that indicates a potential price reversal: ### Bullish Pinbar (BUY Signal) - **Long lower wick** (rejection of lower prices) - **Small body at the top** of the candle - Shows buyers rejected sellers' attempt to push price down - Forms at support levels or swing lows - Entry signal for LONG positions ### Bearish Pinbar (SELL Signal) - **Long upper wick** (rejection of higher prices) - **Small body at the bottom** of the candle - Shows sellers rejected buyers' attempt to push price up - Forms at resistance levels or swing highs - Entry signal for SHORT positions --- ## 🔧 How the Indicator Works ### 1. **Pinbar Detection Logic** The indicator analyzes the **previous closed bar ** to identify pinbar patterns: ``` Bullish Pinbar Requirements: - Lower wick > 72% of total candle range (adjustable) - Upper wick < 28% of total candle range - Close > Open (bullish candle body) Bearish Pinbar Requirements: - Upper wick > 72% of total candle range (adjustable) - Lower wick < 28% of total candle range - Close < Open (bearish candle body) ``` **Why check ?** By analyzing the previous completed bar, we ensure the pattern is fully formed and won't change, preventing repainting. --- ### 2. **Three-Layer Filter System** #### 🔍 **Filter #1: ATR (Average True Range) Filter** - **Purpose**: Ensures the pinbar has significant size - **Function**: Only signals if pinbar range ≥ ATR value - **Benefit**: Filters out small, insignificant pinbars - **Settings**: - Enable/Disable toggle - ATR Period (default: 7) **Example**: If ATR = 50 pips, only pinbars with 50+ pip range will signal. --- #### 🔍 **Filter #2: SWING Filter** (Always Active) - **Purpose**: Confirms pinbar forms at swing highs/lows - **Function**: Validates the pinbar is an absolute high/low - **Benefit**: Identifies true reversal points - **Settings**: - Swing Candles (default: 3) **How it works**: - For bullish pinbar: Checks if low is lowest of past 3 bars - For bearish pinbar: Checks if high is highest of past 3 bars **Example**: With 3 swing candles, a bullish pinbar must have the lowest low among the last 3 bars. --- #### 🔍 **Filter #3: RSI (Relative Strength Index) Filter** - **Purpose**: Confirms momentum conditions - **Function**: Prevents signals in extreme momentum zones - **Benefit**: Avoids counter-trend trades - **Settings**: - Enable/Disable toggle - RSI Period (default: 7) - RSI Source (Close, Open, High, Low, HL2, HLC3, OHLC4) - Overbought Level (default: 70) - Oversold Level (default: 30) **Logic**: - Bullish Pinbar: Only signals if RSI < 70 (not overbought) - Bearish Pinbar: Only signals if RSI > 30 (not oversold) --- ### 3. **Stop Loss Calculation** Two methods available: #### Method A: ATR-Based Stop Loss (Recommended) ``` Bullish Pinbar: SL = Pinbar Low - (1 × ATR) Bearish Pinbar: SL = Pinbar High + (1 × ATR) ``` **Benefit**: Dynamic stops that adapt to market volatility #### Method B: Fixed Pips Stop Loss ``` Bullish Pinbar: SL = Pinbar Low - (Fixed Pips) Bearish Pinbar: SL = Pinbar High + (Fixed Pips) ``` **Settings**: - Calculate Stop with ATR (toggle) - Stop Pips without ATR (default: 5) --- ### 4. **Take Profit Calculation** Take Profit is calculated based on Risk:Reward ratio: ``` Bullish Trade: TP = Entry + (Entry - SL) × Risk:Reward Ratio Bearish Trade: TP = Entry - (SL - Entry) × Risk:Reward Ratio ``` **Example**: - Entry: 1.2000 - SL: 1.1950 (50 pip risk) - RR: 2:1 - TP: 1.2100 (100 pip reward = 50 × 2) **Settings**: - Risk:Reward Ratio (default: 1.0, range: 0.1 to 10.0) --- ## 📈 Visual Elements ### On-Chart Displays 1. **Signal Markers** - 🟢 **Green Triangle Up** = Bullish Pinbar (BUY) - 🔴 **Red Triangle Down** = Bearish Pinbar (SELL) - Placed directly on the pinbar candle 2. **Entry Labels** - Green "BUY" label with entry price - Red "SELL" label with entry price - Shows exact entry level 3. **Stop Loss Lines** - 🔴 Red horizontal line - "SL" label - Extends 20 bars forward 4. **Take Profit Lines** - 🟢 Green horizontal line - "TP" label - Extends 20 bars forward 5. **Risk/Reward Areas** (Optional) - Red shaded box = Risk zone (Entry to SL) - Green shaded box = Reward zone (Entry to TP) - Visual risk:reward visualization 6. **Info Table** (Top Right) - Displays current settings - Shows filter status (ON/OFF) - Real-time RSI value - Quick reference panel --- ## 🔔 Alert System Three alert types available: ### 1. Combined Alert: "Pinbar Signal (Any Direction)" - Fires for BOTH bullish and bearish pinbars - **Best for**: General monitoring - **Message**: "Pinbar Signal Detected on {TICKER} at {PRICE}" ### 2. Bullish Alert: "Bullish Pinbar Alert" - Fires ONLY for BUY signals - **Best for**: Long-only strategies - **Message**: "BUY Signal on {TICKER} at {PRICE}" ### 3. Bearish Alert: "Bearish Pinbar Alert" - Fires ONLY for SELL signals - **Best for**: Short-only strategies - **Message**: "SELL Signal on {TICKER} at {PRICE}" --- ## ⚙️ Input Parameters Reference ### **Filters Group** | Parameter | Default | Range | Description | |-----------|---------|-------|-------------| | ATR Filter on Pinbar Range? | ✅ ON | Boolean | Enable/disable ATR filter | | ATR Period | 7 | 1+ | Lookback period for ATR calculation | | Swing Candles | 3 | 1+ | Bars to check for swing high/low | | RSI Filter on Pinbar? | ❌ OFF | Boolean | Enable/disable RSI filter | | RSI Period | 7 | 2+ | Lookback period for RSI calculation | | RSI Source | Close | Multiple | Price data for RSI (Close/Open/High/Low/etc) | | RSI Overbought Level | 70 | 50-100 | Upper threshold for RSI filter | | RSI Oversold Level | 30 | 0-50 | Lower threshold for RSI filter | ### **Pinbar Detection Group** | Parameter | Default | Range | Description | |-----------|---------|-------|-------------| | Shadow % vs Body | 72 | 50-95 | Minimum wick size as % of total range | ### **Visualization Group** | Parameter | Default | Range | Description | |-----------|---------|-------|-------------| | Show SL and TP Lines? | ✅ ON | Boolean | Display stop loss and take profit lines | | Show SL and TP Area? | ❌ OFF | Boolean | Show shaded risk/reward boxes | ### **Risk Management Group** | Parameter | Default | Range | Description | |-----------|---------|-------|-------------| | Risk:Reward Ratio | 1.0 | 0.1-10.0 | Target profit vs risk (1.0 = 1:1, 2.0 = 1:2) | | Calculate Stop with ATR? | ✅ ON | Boolean | Use ATR for stop calculation | | Stop Pips without ATR | 5 | 1+ | Fixed pip stop when ATR disabled | --- ## 🚫 Non-Repainting Architecture ### What is Repainting? **Repainting** occurs when an indicator's historical signals differ from what appeared in real-time. This makes backtesting unreliable and can lead to false confidence in a strategy. ### How This Indicator Prevents Repainting 1. **Closed Bar Analysis** - All calculations use ` ` offset (previous bar) - Only analyzes COMPLETED candles - Signals appear on the bar AFTER the pinbar closes 2. **Confirmed Swing Points** - Waits for sufficient bar history before signaling - Only checks historical bars that cannot change - Prevents premature swing detection 3. **Static Alert Timing** - Alerts fire only after bar completion - No conditional logic that changes historically - Same results in replay mode and live trading ### Verification Method To verify non-repainting behavior: 1. Apply indicator to chart 2. Note signal locations and prices 3. Refresh browser / reload chart 4. **Signals remain in exact same locations** --- ## 💼 Trading Strategy Guidelines ### Entry Rules **For Bullish Pinbar (LONG):** 1. Wait for green triangle to appear 2. Enter at close of pinbar (shown in label) 3. Alternative: Enter on break of pinbar high 4. Place stop loss at red SL line 5. Set target at green TP line **For Bearish Pinbar (SHORT):** 1. Wait for red triangle to appear 2. Enter at close of pinbar (shown in label) 3. Alternative: Enter on break of pinbar low 4. Place stop loss at red SL line 5. Set target at green TP line ### Risk Management - **Position Sizing**: Risk only 1-2% of account per trade - **Stop Loss**: Always use the calculated SL (never move it wider) - **Take Profit**: Use calculated TP or trail stop after 1:1 RR - **Multiple Timeframes**: Confirm signals on higher timeframe ### Best Practices ✅ **DO:** - Wait for bar to close before entering - Trade in direction of higher timeframe trend - Use on liquid markets with clear support/resistance - Combine with price action analysis - Keep a trading journal ❌ **DON'T:** - Enter before bar closes (prevents seeing full pattern) - Trade against strong trends - Ignore the filters (they improve win rate) - Risk more than 2% per trade - Trade every signal (be selective) --- ## 📊 Backtesting & Data Export ### Available Data Points The indicator exports these values for strategy development: | Output | Description | |--------|-------------| | Bullish Signal | 1 = BUY signal, 0 = No signal | | Bearish Signal | 1 = SELL signal, 0 = No signal | | Bull SL | Stop loss level for long trades | | Bull TP | Take profit level for long trades | | Bull Entry | Entry price for long trades | | Bear SL | Stop loss level for short trades | | Bear TP | Take profit level for short trades | | Bear Entry | Entry price for short trades | ### How to Use in Strategy These values can be accessed by Pine Script strategies using: ```pine indicator_values = request.security(syminfo.tickerid, timeframe.period, ) ``` --- ## 🎓 Understanding the Filters ### Why Use Multiple Filters? Single-indicator systems often generate too many false signals. This indicator uses a **confluence approach**: 1. **Pinbar Pattern** = Price rejection detected 2. **+ SWING Filter** = Rejection at key level 3. **+ ATR Filter** = Significant move 4. **+ RSI Filter** = Favorable momentum **Result**: Higher probability setups with better risk:reward ### Filter Optimization **Conservative Settings** (Fewer, Higher Quality Signals): - ATR Filter: ON - Swing Candles: 5 - RSI Filter: ON - Shadow %: 75% **Aggressive Settings** (More Signals, More Noise): - ATR Filter: OFF - Swing Candles: 2 - RSI Filter: OFF - Shadow %: 65% **Balanced Settings** (Recommended): - ATR Filter: ON - Swing Candles: 3 - RSI Filter: OFF (or ON for trending markets) - Shadow %: 72% --- ## 🔍 Troubleshooting ### "No Signals Appearing" **Possible Causes:** 1. Filters are too strict 2. No pinbars forming on chart 3. Insufficient bar history **Solutions:** - Reduce Shadow % to 65% - Reduce Swing Candles to 2 - Disable ATR or RSI filters temporarily - Check that chart has enough data loaded ### "Too Many Signals" **Solutions:** - Enable ATR filter - Increase Swing Candles to 4-5 - Enable RSI filter - Increase Shadow % to 75-80% ### "Signals Appearing Late" **This is normal behavior!** The indicator: - Analyzes previous closed bar - Signals appear on the bar AFTER the pinbar - This is what prevents repainting - Signal latency is 1 bar (by design) --- ## 📝 Technical Specifications **Indicator Type:** Overlay (displays on price chart) **Pine Script Version:** 5 **Max Labels:** 500 **Max Lines:** 500 **Repainting:** None (100% non-repainting) **Data Window Values:** 8 exported values **Alert Types:** 3 (Combined, Bullish, Bearish) **Performance:** - Lightweight script (fast execution) - Works on all timeframes - Compatible with all markets (Forex, Crypto, Stocks, Futures) - No data snooping bias --- ## 🎯 Use Cases ### 1. **Swing Trading** - Timeframe: Daily, 4H - Filter Settings: All enabled - Best for: Catching major reversals ### 2. **Day Trading** - Timeframe: 15m, 1H - Filter Settings: ATR + SWING only - Best for: Intraday reversals ### 3. **Scalping** - Timeframe: 5m, 15m - Filter Settings: SWING only (aggressive) - Best for: Quick reversals (requires experience) ### 4. **Position Trading** - Timeframe: Weekly, Daily - Filter Settings: All enabled + high RR (2:1 or 3:1) - Best for: Long-term trend reversal catches --- ## 🏆 Advantages Over Other Pinbar Indicators ✅ **Guaranteed Non-Repainting** - Many pinbar indicators repaint; this one never does ✅ **Automatic SL/TP** - No manual calculation needed ✅ **Multi-Layer Filtering** - Reduces false signals significantly ✅ **Visual Trade Management** - Clear entry, stop, and target levels ✅ **Flexible Configuration** - Adaptable to any trading style ✅ **Alert System** - Never miss a setup ✅ **Backtesting Ready** - Reliable historical data ✅ **Professional Grade** - Suitable for live trading --- ## 📚 Educational Resources ### Recommended Reading on Pinbars - "The Pin Bar Trading Strategy" by Nial Fuller - "Price Action Trading" by Al Brooks - TradingView Education: Price Action Patterns ### Practice Recommendations 1. Paper trade signals for 20+ trades before live trading 2. Backtest on different timeframes and markets 3. Keep detailed records of all trades 4. Analyze winning vs losing setups 5. Refine filter settings based on results --- ## ⚖️ Disclaimer This indicator is a tool for technical analysis and does not guarantee profits. Trading involves substantial risk of loss. Past performance is not indicative of future results. - Always use proper risk management - Never risk more than you can afford to lose - Consider your trading experience and objectives - Seek independent financial advice if needed --- ## 📧 Version Information **Current Version:** 1.0 **Last Updated:** 2024 **Compatibility:** TradingView Pine Script v5 **Status:** Production Ready --- ## 🔄 Future Enhancements (Potential) Possible future additions: - Multi-timeframe confirmation option - Volume filter integration - Customizable color schemes - Win rate statistics display - Partial profit taking levels - Trailing stop functionality --- ## 📖 Quick Start Guide ### 5-Minute Setup 1. **Add to Chart** - Open TradingView - Go to Pine Editor - Paste the code - Click "Add to Chart" 2. **Configure Settings** - Open indicator settings (gear icon) - Start with default settings - Enable "Show SL and TP Lines" 3. **Set Alert** - Right-click indicator name - Click "Add Alert" - Select "Pinbar Signal (Any Direction)" - Configure notification method 4. **Test** - Scroll back on chart - Verify signals make sense - Check that signals don't repaint 5. **Trade** (After Practice!) - Wait for alert - Verify signal quality - Enter, place SL/TP - Manage trade --- ## 🎯 Final Thoughts The **Pinbar MTF - No Repaint** indicator is designed for serious traders who value: - **Reliability** over flashy signals - **Quality** over quantity - **Honesty** over false promises This indicator will NOT: - Make you rich overnight - Win every trade - Replace proper trading education This indicator WILL: - Identify high-probability reversal setups - Save you analysis time - Provide consistent, non-repainting signals - Help you develop a systematic trading approach **Success in trading comes from:** 1. Proper education (60%) 2. Risk management (30%) 3. Technical tools like this indicator (10%) Use this tool as part of a complete trading plan, not as a standalone solution.
Penunjuk Pine Script®
oleh Makshels