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RSI on 21 MA (Custom)RSI on 21 MA (Custom)
RSI on 21 MA (Custom) is a momentum-based indicator that applies the Relative Strength Index (RSI) to a 21-period Simple Moving Average of price instead of raw price data. This approach helps reduce market noise and provides smoother, more reliable momentum signals.
The indicator first calculates a 21-period SMA of the closing price, then computes RSI on this moving average. A short moving average is further applied to the RSI values for additional smoothing, making trend strength and reversals easier to identify.
๐ง Features
RSI calculated on a 21-period Moving Average
Smoothed RSI for clearer momentum structure
Customizable RSI length, MA length, and smoothing period
Adjustable Overbought & Oversold levels
Useful for trend continuation, reversal spotting, and momentum confirmation
๐ How to Use
RSI staying above mid-range indicates bullish momentum
RSI staying below mid-range indicates bearish momentum
Crosses above the oversold level may signal potential bullish reversal
Crosses below the overbought level may signal potential bearish reversal
Best used with price action, support & resistance, or volume indicators
๐ฏ Ideal for traders who prefer clean momentum signals with reduced noise, especially in trending markets.
daily reversalindicator that marks when the current daily candle (bullish or bearish) closes beyond the previous dayโs High or Low.
Logic implemented
Bullish condition โ Today closes above yesterdayโs High
Bearish condition โ Today closes below yesterdayโs Low
Works only on Daily timeframe
Plots labels/arrows on the chart
MK AtlasOANDA:XAUUSD
Sentinel is a professional market analysis tool designed to help traders identify key price zones and understand market behavior with clarity and precision.
The script focuses on visual structure, clean levels, and confirmation-based logic to reduce noise and improve decision-making.
It is built to support traders who rely on discipline, patience, and structured analysis rather than indicators overload.
Key Features:
Clear visualization of important market zones
Confirmation-based behavior tracking
Clean, minimal, and non-repainting logic
Suitable for multi-timeframe analysis
Optimized for volatile markets such as Gold and Forex
This indicator is designed as a decision-support tool, not a signal generator.
Traders are encouraged to use it alongside proper risk management and their own trading plan.
Sentinel aims to provide clarity, not predictions.
PaisaPani - Nifty Demo PerformanceThis chart shows a market structure view using the PaisaPani framework.
The table visible on the chart is a DEMO performance representation.
This idea does NOT provide live Buy/Sell signals.
๐ The complete PaisaPani strategy is Invite-Only.
Shared for educational purposes only.
NSE Monthly Expiry 2022-26 : Ashish RajoriaThis indicator, "NSE Monthly Expiry Marker 2022-2026", is designed for traders on TradingView to visually track NSE (National Stock Exchange) monthly F&O (Futures & Options) expiry dates from 2022 to 2026. It plots red dashed vertical lines on each expiry date, with labels showing the month, year, and exact date for easy identification. The dates are accurately calculated based on NSE rules: last Thursday for months up to August 2025, and last Tuesday from September 2025 onwards, with holiday adjustments (e.g., shifted if expiry falls on a holiday). Additionally, it includes trading days, holidays in the session, and a link to www.GSTwork.com for reference. Ideal for option traders to plan strategies around expiry cycles, this tool helps in analyzing patterns over multiple years without manual calculations. Note: Ensure your chart timeframe is daily or higher for best visibility.
Renko Velocity Meter [Chris Chapman]Here is the comprehensive copy for your Renko Velocity Meter indicator. This is structured to be used in a TradingView description, a manual, or a product listing.
Renko Velocity Meter
What is this Indicator?
The Renko Velocity Meter is a specialized momentum dashboard designed strictly for Renko Charts. Unlike standard oscillators (like RSI or MACD) which often fail on Renko due to the lack of time-based data, this tool uses "Brick Physics" to measure the actual speed and efficiency of price movement.
It answers the most critical question in Renko trading: "Is this a real trend, or just a choppy consolidation?"
Instead of giving you lagging signals, it provides a real-time Velocity Score (0-100) displayed on a dashboard directly on your chart. It automatically filters out "fake" moves and highlights high-probability "TURBO" conditions when the market enters a powerful extension phase.
How It Is Calculated
The Velocity Score is derived from a proprietary blend of three distinct mathematical checks:
1. Trend Efficiency ("The Snake Logic") The script calculates the ratio between the Net Price Move and the Total Distance Traveled over a lookback period.
High Efficiency: Price is moving in a straight line (Strong Trend).
Low Efficiency: Price is winding back and forth (Chop/Range).
2. Momentum Deviation (Auto-Brick Detection) The indicator automatically detects your specific Renko brick size (whether 2 pips, 10 points, or custom) without manual input. It then measures how many "Bricks" the price has pulled away from the baseline Moving Average.
If price is 6+ bricks away from the average, it signals a high-momentum extension.
3. HTF Trend Lock (Multi-Timeframe Filter) It internally checks a Higher Timeframe (default: 15-minute) to ensure you are trading with the dominant trend.
HTF LOCK: The Renko trend and the 15m trend are aligned (Green).
HTF MIX: The trends are conflicting. The score is automatically capped at 60 to prevent false signals.
4. The "Counter-Trend" Penalty To prevent buying tops or selling bottoms, the script instantly penalizes the score if a "Retracement Brick" forms.
Example: If the trend is UP, but a RED brick forms, the score is forced down to the "Yellow/Neutral" zone until the trend resumes.
Requirements
To use this indicator effectively, you must meet the following chart conditions:
Chart Type: Renko (This is mandatory. The math relies on fixed-size bricks).
Timeframe: Works on all timeframes, but optimized for standard scalping setups (e.g., 2-pip fixed bricks on EURUSD/Gold).
Data Feed: High-quality data is recommended. For maximum precision, use a 1-second (1s) interval setting for your Renko box generation if your TradingView plan allows it.
The Inputs (Settings)
You can customize the sensitivity of the meter to fit your specific asset class:
Trend Efficiency Period (Default: 14):
The number of bricks used to calculate how "straight" the trend is. Lower numbers make the score faster; higher numbers make it smoother.
Momentum Baseline (Default: 20):
The length of the internal Moving Average used as the "mean" price.
Max Momentum in Bricks (Default: 6):
How many bricks of extension are required to hit a "100% Score"? Increase this for volatile assets like Gold or Bitcoin.
HTF Support (Default: 15):
The Higher Timeframe used for the Trend Lock filter.
Meter Position:
Choose where the dashboard appears on your screen (Top Right, Bottom Left, etc.).
Dashboard Legend
GREEN (Score > 70): TURBO โ Strong trend alignment. High probability of continuation.
YELLOW (Score 50-70): TREND โ Active trend, but potentially stalling or retracing.
RED (Score < 50): CHOP โ No clear direction or conflicting signals. Stay flat.
POSITION: Shows the current logic state (LONG/SHORT/FLAT).
M5 Signals v1 (tientran95)Best tf: m1-m3-m5
Best assets: stablecoins (BTC;ETH)
>70% correct predictions
MFI/RSI Divergence Lowerํ๋จ ์งํ ๊ตฌ์ฑ ๋ฐ ํ์ฉ๋ฒ
MFI (Aqua Line): ๊ฑฐ๋๋์ด ๊ฐ์ค๋ ์๊ธ ํ๋ฆ์
๋๋ค. ์ง์ง์ ๊ทผ์ฒ์์ ์ด ์ ์ด ์ ์ ์ ๋์ด๋ฉด(๋ค์ด๋ฒ์ ์ค) ๊ฐ๋ ฅํ ๋งค์ ์ ํธ์
๋๋ค.
RSI (Yellow Line): ๊ฐ๊ฒฉ์ ์๋์ ๊ฐ๋์
๋๋ค. MFI์ ํจ๊ป ์์ง์์ ๋น๊ตํ์ฌ ๋ณด์กฐ์ ์ผ๋ก ํ์ฉํฉ๋๋ค.
๋ฆฌํ์ธํ
๋ฐฉ์ง ํต์ฌ: offset=-lb_r ์ค์ ์ ํตํด, ์งํ๊ฐ ํ์ ๋๋ ์์ (ํผ๋ฒ ์์ฑ ์์ )์ ์ ํํ ์ ํธ๊ฐ ํ์๋๋๋ก ๊ตฌํํ์ต๋๋ค. ์ด๋ ๊ณผ๊ฑฐ ๋ฐฑํ
์คํธ ๊ฒฐ๊ณผ์ ์ค์๊ฐ ๋งค๋งค ๊ฒฐ๊ณผ๊ฐ ์ผ์นํ๋๋ก ๋ณด์ฅํฉ๋๋ค.
์ค์ ์์ฉ
์ง์ง/์ ํญ ํํฐ: ์ด ์งํ ๋จ๋
์ผ๋ก ์ฌ์ฉํ๊ธฐ๋ณด๋ค, ์ฐจํธ ์์ ์ฃผ์ ์ง์ง์ ์ ๊ฐ๊ฒฉ์ด ์์นํ์ ๋ ๋ฐ์ํ๋ BULL DIV ์ ํธ๋ง ๊ณจ๋ผ ๋งค์ํ๋ฉด ์น๋ฅ ์ด ๊ทน๋ํ๋ฉ๋๋ค.
์์ /์ต์ ์ต์ ํ: ํ์ฌ 1.5% ์์ , 3% ์ต์ ๋ก ์ค์ ๋์ด ์์ต๋๋ค. ์ข
๋ชฉ์ ๋ณ๋์ฑ(ATR)์ ๋ฐ๋ผ group_risk์์ ์์น๋ฅผ ์กฐ์ ํ๋ฉฐ ์ต์ ์ ์์ต ๊ณก์ ์ ์ฐพ์๋ณด์ญ์์ค.
//@version=6
strategy("Hybrid MFI/RSI Divergence Lower",
overlay=false, // ํ๋จ ์งํ ์ค์ ์ ์ํด false
initial_capital=10000,
default_qty_type=strategy.percent_of_equity,
default_qty_value=10,
commission_type=strategy.commission.percent,
commission_value=0.05,
slippage=1)
// --- ---
group_date = "1. ๋ฐฑํ
์คํธ ๊ธฐ๊ฐ"
start_time = input.time(timestamp("2024-01-01 00:00:00"), "์์์ผ", group=group_date)
end_time = input.time(timestamp("2026-12-31 23:59:59"), "์ข
๋ฃ์ผ", group=group_date)
within_window() => time >= start_time and time <= end_time
group_osc = "2. ์ค์ค๋ ์ดํฐ ์ค์ "
mfi_len = input.int(14, "MFI ๊ธฐ๊ฐ", group=group_osc)
rsi_len = input.int(14, "RSI ๊ธฐ๊ฐ", group=group_osc)
ob_level = input.int(80, "๊ณผ๋งค์ ๊ธฐ์ค", group=group_osc)
os_level = input.int(20, "๊ณผ๋งค๋ ๊ธฐ์ค", group=group_osc)
group_div = "3. ๋ค์ด๋ฒ์ ์ค ๊ฐ๋"
lb_l = input.int(5, "ํผ๋ฒ ์ผ์ชฝ ๋ฒ์", group=group_div)
lb_r = input.int(5, "ํผ๋ฒ ์ค๋ฅธ์ชฝ ๋ฒ์", group=group_div)
group_risk = "4. ๋ฆฌ์คํฌ ๊ด๋ฆฌ"
tp_pct = input.float(3.0, "์ต์ (%)", step=0.1, group=group_risk) / 100
sl_pct = input.float(1.5, "์์ (%)", step=0.1, group=group_risk) / 100
// --- ---
mfi_val = ta.mfi(close, mfi_len)
rsi_val = ta.rsi(close, rsi_len)
avg_val = (mfi_val + rsi_val) / 2 // MFI์ RSI์ ํ๊ท ๊ฐ์ผ๋ก ๋ถ๋๋ฌ์ด ํ๋ฆ ํ์
// --- ---
// ์ ์ ํผ๋ฒ ํ์ง (MFI ๊ธฐ์ค)
pl = ta.pivotlow(mfi_val, lb_l, lb_r)
ph = ta.pivothigh(mfi_val, lb_l, lb_r)
// Bullish Divergence (์์น ๋ค์ด๋ฒ์ ์ค)
var float last_pl_mfi = na
var float last_pl_price = na
bool is_bull_div = false
if not na(pl)
last_pl_mfi := mfi_val
last_pl_price := low
// ์ด์ ์ ์ ํ์
float prev_pl_mfi = ta.valuewhen(not na(pl), mfi_val , 1)
float prev_pl_price = ta.valuewhen(not na(pl), low , 1)
if low < prev_pl_price and mfi_val > prev_pl_mfi
is_bull_div := true
// Bearish Divergence (ํ๋ฝ ๋ค์ด๋ฒ์ ์ค)
var float last_ph_mfi = na
var float last_ph_price = na
bool is_bear_div = false
if not na(ph)
last_ph_mfi := mfi_val
last_ph_price := high
float prev_ph_mfi = ta.valuewhen(not na(ph), mfi_val , 1)
float prev_ph_price = ta.valuewhen(not na(ph), high , 1)
if high > prev_ph_price and mfi_val < prev_ph_mfi
is_bear_div := true
// --- ---
if within_window()
if is_bull_div
strategy.entry("Bull", strategy.long, comment="Bull Div")
if is_bear_div
strategy.entry("Bear", strategy.short, comment="Bear Div")
strategy.exit("ExB", "Bull", limit=strategy.position_avg_price * (1 + tp_pct), stop=strategy.position_avg_price * (1 - sl_pct))
strategy.exit("ExS", "Bear", limit=strategy.position_avg_price * (1 - tp_pct), stop=strategy.position_avg_price * (1 + sl_pct))
// --- ---
// ๋ฐฐ๊ฒฝ ๋ ์ด์์
hline(ob_level, "Overbought", color=color.new(color.red, 50), linestyle=hline.style_dashed)
hline(50, "Middle", color=color.new(color.gray, 70))
hline(os_level, "Oversold", color=color.new(color.green, 50), linestyle=hline.style_dashed)
// ๋ฉ์ธ ์งํ ํ๋กฏ
plot(mfi_val, "MFI (Money Flow)", color=color.new(color.aqua, 0), linewidth=2)
plot(rsi_val, "RSI (Momentum)", color=color.new(color.yellow, 50), linewidth=1)
// ๋ค์ด๋ฒ์ ์ค ๋ฐ์ ์ ํ๋จ ์งํ ์์ญ์ ์ ๊ทธ๋ฆฌ๊ธฐ
plotshape(is_bull_div ? mfi_val : na, "Bull Div Circle", shape.circle, location.absolute, color.green, size=size.tiny, offset=-lb_r)
plotshape(is_bear_div ? mfi_val : na, "Bear Div Circle", shape.circle, location.absolute, color.red, size=size.tiny, offset=-lb_r)
// ๊ณผ๋งค์/๊ณผ๋งค๋ ๋ฐฐ๊ฒฝ์
fill(hline(ob_level), hline(100), color.new(color.red, 90))
fill(hline(0), hline(os_level), color.new(color.green, 90))
Magic PP TouchLets make this bread, magic hour pattern
Wait for a break above the high or low and then enter in opposite direction.
Trend Entry Signal v2Used for entry signals. More efficient for scalp trades, at least 70% correct prediction, more efficent on stablecoins.
Previous D/W/M OHLC LevelsPlots the previous completed Daily, Weekly, and Monthly Open, High, Low, and Close prices as horizontal levels on any timeframe.
Clean, lightweight, and trader-friendly:
โข Previous Day (PDH/PDL) โ light blue
โข Previous Week (PWH/PWL) โ gold
โข Previous Month (PMH/PML) โ orange-red
Great for support/resistance, breakout strategies, mean reversion, and keeping higher-timeframe context visible at a glance.
Simple, no repainting, works on all instruments and timeframes.
XRP / USDT Scalper PRO (Binance US) DkSAlert-AnalyticsXRP / USDT Scalper PRO (Binance US) DkSAlert-Analytics is an aggressive yet risk-aware scalping indicator designed specifically for trading XRPUSDT on Binance US, where higher trading fees are taken into account.
This script is built to filter low-quality trades and only trigger signals when the potential price movement clearly exceeds the Binance US trading fee (~0.57%).
The indicator combines multiple confirmations to produce high-probability BUY and SELL signals:
โข Fast and mid EMAs for short-term trend and entries
โข 200 EMA on the 1H timeframe for higher-timeframe trend direction
โข Breakout detection based on recent swing highs and lows
โข Volume confirmation to validate momentum
โข RSI filter to avoid weak or exhausted moves
โข Fee-aware risk filter to ensure trades have sufficient profit potential
The script automatically plots:
โข BUY and SELL labels
โข Stop Loss levels based on recent market structure
โข Take Profit targets using a minimum Risk/Reward model
This indicator is designed for high-frequency scalping and short-term trading, while maintaining strict filters to reduce overtrading and fee impact.
โ ๏ธ This script does not guarantee profits and should always be used with proper risk management.
Buy and Sell Signals (Heiken Ashi)This indicator displays Buy And Sell Signals With alerts based on custom conditions derived from Heiken Ashi candles.
Week High/LowThis indicator plots the Previous Week High and Low as two horizontal dashed lines.
It is designed to appear only on the Daily (D) and Weekly (W) timeframes, ensuring a clean higher-timeframe context without lower-timeframe noise.
The levels are calculated from the completed weekly candle and automatically update at the start of each new week.
These levels serve as weekly liquidity references, commonly used to assess premium/discount zones, potential stop-run areas, and higher-timeframe market reactions.
SmartCapitalInvest๐ง SmartCapitalInvest โ Market Structure, FVG, EMA & Fibonacci
The SmartCapitalInvest Indicator combines several professional analysis tools into one clean and structured layout โ perfect for traders who value precision and clarity.
๐ Key Features:
Highs & Lows: Automatically detects major structure points in the market. Small arrows mark new highs and lows for quick visual orientation.
Fair Value Gaps (FVG): Highlights market inefficiencies. FVGs are automatically detected and removed once they are partially or fully filled.
EMA (Exponential Moving Average): A dynamic trend indicator that helps identify potential reversal zones and confirms market direction.
Fibonacci Tool: Automatically draws a structure-based Fibonacci retracement (Levels 0, 0.75, 1.0) between the latest valid highโlow structures โ ideal for analyzing retracements in trending markets.
โ๏ธ Benefits:
Clean, minimalistic visualization without unnecessary labels or lines.
Detects only relevant external structure points (no internal swings).
Designed for Smart Money Concepts traders who prefer a structured, market-based approach to analysis.
Smart Scalper Pro Template + VWAP
๐ Author
Garry Evans
Independent system developer focused on:
Risk-first automation
Market structure & liquidity behavior
Discipline, consistency, and capital preservation
โThe edge isnโt the market โ itโs the man who survives it.โ
โ๏ธ Risk Management & Position Sizing
The script is built around capital protection, not signal frequency.
Risk logic includes:
Fixed or dynamic risk per trade
Market-adaptive position sizing
Session-based trade limits
Daily trade caps and auto-lockout protection
Volatility-aware sizing (futures & crypto)
โ ๏ธ Profit is pursued only after risk is controlled.
๐ Track Record
Backtested across multiple market environments
Forward-tested and actively used by the author
Real-account trades are logged where platform rules allow
Results vary by market, timeframe, and user-defined risk settings.
๐ Supported Markets
Designed to work across all liquid markets, including:
Stocks
Crypto (spot & futures)
Options (signal-based framework)
Futures (indices, metals, crypto futures)
The system adapts to volatility and structure โ it is not market-specific.
โ๏ธ Leverage
Leverage is not required
If used, leverage is fully user-controlled
Risk logic scales exposure conservatively
No martingale.
No revenge sizing.
No over-exposure logic.
๐งช Backtesting
โ Yes
Strategy logic has been backtested
Filters reduce chop, noise, and forced trades
Focus on drawdown control over curve-fitting
๐ Support
โ Yes
Direct author support
Ongoing improvements and updates
Feature refinement based on real usage and feedback
๐ฅ Community
โ Yes
Private user access
High-quality feedback environment
No public signal spam or hype-driven chat rooms
โณ Trial Period
โ Yes
Limited trial access available
Designed for evaluation only
Trial users do not receive full feature access
๐ซ Who This Script Is NOT For
This system is not for:
Traders looking for guaranteed profits
Users expecting copy-paste โsignal callsโ
Over-leveraged gamblers
Those unwilling to follow risk rules
Anyone seeking overnight results
This is a discipline and automation tool, not a shortcut.
๐ง Final Positioning
This is not a signal service.
This is a risk-controlled execution framework designed to:
Enforce discipline
Reduce emotional trading
Protect capital during bad market conditions
Scale responsibly during favorable ones
NY Open Edge (NQ only)๐ NY Open Edge - Session Direction Predictor
Predict NY session direction using backtested Asia-London pattern analysis
Based on 5 years of data (2021-2025, 1,283 trading days), this indicator analyzes overnight session relationships to predict
which direction the New York session will likely move first.
๐ฏ What It Does
Tracks Asia (8pm-2am ET) and London (2am-8am ET) session ranges, then at NY open (8am ET) it:
1. Classifies the pattern - How London interacted with Asia range
2. Checks NY open position - Above or below London midpoint
3. Displays probabilities - Statistical edge for high/low sweeps based on historical data
4 Pattern Types
- P1 - London Engulfs Asia: London range contains Asia range
- P2 - Asia Engulfs London: Asia range contains London range
- P3 - Partial Up (Bullish): London breaks above Asia high only
- P4 - Partial Down (Bearish): London breaks below Asia low only
๐ก How To Use
Reading the Dashboard
The indicator displays:
- Pattern - Which of the 4 patterns occurred
- NY Open Position - ABOVE or BELOW London midpoint
- First High Sweep % - Probability of taking highs first
- First Low Sweep % - Probability of taking lows first
- Median Penetration - Typical point movement
- Failure Rate - How often both sides get swept (choppy sessions)
- Tier Classification - Reliability (Tier 1 = Best, Tier 3 = Risky)
- Sample Size - Historical occurrences
โ๏ธ Settings
- Display Options - Toggle session boxes, midlines, and dashboard
- Colors - Customize session colors and transparency
- Dashboard Theme - Dark (for dark charts) or Light (for light charts)
- Max Sessions - Memory management (10-150 sessions)
- Timezone - Default America/New_York (DST-aware)
---
๐ Best Practices
โ
Is designed for NQ only!
โ
Use 5m-15m timeframes for clear session definitions
โ
Combine with your own analysis - this is a probability tool
โ
Focus on Tier 1 setups for highest win rates
โ
Respect the failure rate - high percentages suggest choppy sessions
---
โ ๏ธ RISK DISCLAIMER
THIS INDICATOR IS FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY
- NOT financial advice - Do not trade based solely on this indicator
- Past performance does not guarantee future results - Historical statistics may not reflect future market behavior
- Trading involves substantial risk of loss - Only trade with capital you can afford to lose
- Use proper risk management - Always use stop losses and appropriate position sizing
- Backtest limitations - Results based on historical data that may not repeat
- No guarantees - Probabilities are not certainties; markets can behave unpredictably
You are solely responsible for your trading decisions and outcomes.
DayTradeMind Combined High Win Rate StrategyThe DayTradeMind Combined High Win Rate Strategy is a trend-following system that relies on confluenceโthe idea that a trade signal is stronger when multiple independent indicators agree. Instead of entering on a single indicator's whim, it uses a "voting" system to qualify entries and a strict risk-to-reward ratio to manage exits.Here is a breakdown of the three main layers of this strategy:1. The Voting Engine (Confluence Model)The strategy tracks four indicators and assigns a "point" for a bullish or bearish bias. It requires a minimum number of points (set by minConfirmations, usually 2/4) before it even considers a trade.IndicatorBullish Condition (1 point)Bearish Condition (1 point)PurposeMACDMACD Line > Signal LineMACD Line < Signal LineMeasures short-term momentum.DonchianPrice > 20-period MedianPrice < 20-period MedianIdentifies price relative to recent range.SuperTrendPrice above trend linePrice below trend lineFilters for the "Macro" trend direction.%B (Bollinger)Price in lower-mid range (0.2โ0.5)Price in upper-mid range (0.5โ0.8)Prevents buying when overextended.2. The Entry TriggerHaving enough "votes" (confirmations) isn't enough to enter. The strategy waits for a trigger event to ensure you aren't entering a stale trend. An entry only occurs if the minimum confirmations are met AND one of the following happens on the current bar:MACD Cross: The MACD line crosses over the signal line.Structural Break: The price crosses over the Donchian Middle (Median) line.This "Confirmation + Trigger" approach is designed to catch the start of a momentum push rather than buying a flat market.3. Mathematical Risk ManagementThe performance you see in your backtest (like the 46.86% return) is largely driven by the 2:1 Reward-to-Risk (RR) Ratio.Stop Loss (SL): Fixed at 2% below entry.Take Profit (TP): Fixed at 4% above entry.By aiming for a target twice as large as the risk, the strategy can remain profitable even with a win rate as low as 35%โ40%. Mathematically, your winning trades compensate for more than two losing trades.Visualizing the SystemTriangles: Small green (up) and red (down) triangles appear on your chart only when the Votes + Trigger align perfectly.Background Shading: Faint green or red bands show you exactly when the "Confluence" is active. If the background is gray, the indicators are in conflict.Dashboard: The table in the top-right summarizes the current "score" for each indicator, letting you know how close you are to a potential trade signal.
Finlu Momentum PROFinlu Momentum PRO is a momentum oscillator designed to detect exhaustion zones and potential short-term reversals.
The indicator calculates a smoothed momentum from price changes and normalizes it around 0. On top of that momentum, it builds:
Overbought and oversold levels: when the main line enters these zones, it highlights extreme momentum conditions.
Central neutral zone: helps distinguish strong momentum phases from consolidation phases.
Signal line: a moving average of the momentum itself, used to confirm crossovers and exits from extreme zones.
Repetition filters: limit the number of consecutive signals to reduce noise when the market is ranging.
Reversal detection: additional conditions that require momentum to turn from extreme zones before enabling a signal.
Divergences: compares price highs and lows with the momentum line to highlight potential exhaustion of the move.
Basic usage:
Sell signals when momentum comes from overbought, loses strength and crosses below the signal line, while passing the reversal and repetition filters.
Buy signals when the opposite occurs from oversold levels.
Bearish divergences appear when price makes a higher high, but momentum makes a lower high.
Bullish divergences appear when price makes lower lows, but momentum makes higher lows.
This indicator is designed to be combined with your own price-action and market structure analysis. It is not a buy/sell recommendation or a standalone automated system. The user remains fully responsible for risk management, instrument selection and timeframe choice.
WYCKOFF EVENTS - PROFESSIONAL MARKET STRUCTURE ANALYZER๐ฏ WYCKOFF EVENTS - PROFESSIONAL MARKET STRUCTURE ANALYZER
Automatically identify critical Wyckoff accumulation and distribution events in real-time. This indicator brings Richard Wyckoff's legendary tape reading methodology into the modern era with algorithmic precision.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ WHAT THIS INDICATOR DOES
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
This indicator automatically detects and marks key Wyckoff events on your chart, showing exactly where "smart money" is accumulating (buying) or distributing (selling) before major price moves.
๐ฏ ACCUMULATION EVENTS DETECTED:
- PS (Preliminary Support) - First signs of buying
- SC (Selling Climax) - Panic selling absorbed by institutions
- AR (Automatic Rally) - Natural bounce after climax
- ST (Secondary Test) - Validation of accumulation
- SPRING - Bear trap before markup (HIGH PROBABILITY SIGNAL!)
- SOS (Sign of Strength) - Demand taking control
- LPS (Last Point of Support) - Final entry opportunity
๐ฏ DISTRIBUTION EVENTS DETECTED:
- PSY (Preliminary Supply) - First signs of selling
- BC (Buying Climax) - Euphoric buying absorbed by institutions
- AR (Automatic Reaction) - Natural pullback after climax
- ST (Secondary Test) - Validation of distribution
- UPTHRUST - Bull trap before markdown (HIGH PROBABILITY SIGNAL!)
- SOW (Sign of Weakness) - Supply taking control
- LPSY (Last Point of Supply) - Final short opportunity
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ HOW IT WORKS
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
The indicator analyzes multiple factors simultaneously:
โ Volume patterns (climax, high, low volume)
โ Price spread (wide vs narrow ranges)
โ Close position within bar (bullish vs bearish)
โ Trend context (uptrend, downtrend, range)
โ Support & resistance levels (dynamic pivot points)
โ Event sequencing (SC โ AR โ ST โ Spring logic)
When specific conditions align according to Wyckoff principles, the indicator places a colored dot:
- ๐ข GREEN DOTS = Accumulation events (below bars)
- ๐ด RED DOTS = Distribution events (above bars)
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ก WHAT MAKES THIS UNIQUE
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ Based on 100+ years of proven Wyckoff methodology
โ Automatic detection - no manual chart reading required
โ Detailed tooltips explain each event when you hover over dots
โ Works on all markets and timeframes
โ Identifies high-probability reversals (Springs & Upthrusts)
โ Tracks event sequences for confirmation
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ VISUAL CLARITY
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
- Dots are positioned EXACTLY on price bars
- Size indicates importance (larger = more significant)
- Color-coded for instant recognition
- Hover tooltips provide detailed explanations
- No chart clutter - clean and professional
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ WHO IS THIS FOR
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ Wyckoff method students and practitioners
โ Traders seeking institutional accumulation/distribution zones
โ Swing and position traders looking for major reversals
โ Anyone who wants to trade WITH smart money, not against it
โ Traders tired of buying tops and selling bottoms
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ๏ธ CUSTOMIZABLE SETTINGS
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
- Swing Detection Length: Adjust pivot sensitivity
- Volume Thresholds: Customize what qualifies as "high" or "climax" volume
- Spring/Upthrust Strength: Set false breakout sensitivity
- Show/Hide event types: Focus on specific events
- Custom colors: Match your chart theme
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ EDUCATIONAL VALUE
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Each event includes a comprehensive tooltip explaining:
- What the event means
- What price and volume action is occurring
- What it tells us about smart money behavior
- What typically happens next
- Trading implications
Learn Wyckoff analysis while you trade!
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ COMING SOON: ELITE AI VERSION
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
We're developing an advanced AI-enhanced version featuring:
โจ Predictive event detection (alert BEFORE events complete)
โจ Automatic phase identification (A, B, C, D, E)
โจ Trading range boundary detection
โจ Volume spread analysis (VSA) integration
โจ Point & Figure count projections
โจ Smart money flow tracking
โจ High-probability trade setup alerts
โจ Multi-timeframe confirmation
โจ Machine learning pattern recognition
The AI version will essentially give you a Wyckoff expert watching your charts 24/7!
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ผ REAL-WORLD APPLICATION
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Use this indicator to:
- Identify major accumulation zones BEFORE breakouts
- Spot distribution zones BEFORE breakdowns
- Avoid bull and bear traps (Springs & Upthrusts)
- Time entries at Last Point of Support/Supply
- Confirm your analysis with institutional behavior
- Build high probability trade setups
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ BEST PRACTICES
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
- Use on Daily/4H timeframes for most reliable signals
- Look for event sequences (PS โ SC โ AR โ ST)
- Springs and Upthrusts are highest probability signals
- Combine with Weis Waves indicator for complete picture
- Always use proper risk management
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ NOTES
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
- Not all events lead to immediate moves
- Context matters - analyze the full picture
- Events are more reliable after prolonged trends
- False signals can occur in choppy markets
- Best used as part of a complete trading strategy
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ ๏ธ DISCLAIMER
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
This indicator is for educational and informational purposes only. Trading involves substantial risk. Past performance does not guarantee future results. Always conduct your own research and consult with a financial advisor before trading.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ฌ Questions? Drop a comment below!
โญ Find this helpful? Please leave a review and boost!
๐ Follow for the AI Elite version release announcement!
#Wyckoff #Accumulation #Distribution #SmartMoney #InstitutionalTrading #VolumeAnalysis
WatchmenThe Watchmen Indicator tracks potential market maker breakeven zones using dynamic open/close ranges (no wicks in Fib calc). It expands the range until the 50% level is breached by the full candle range, then resets. Green = long/down setups (buy retrace), Red = short/up setups (sell retrace). Uses only open/close for levels, high/low for breaches. Ideal for mean-reversion in trends.
