Profitable Loser Model [MMT]Profitable Loser Model
Overview
The Profitable Loser Model is a powerful PineScript v6 indicator designed to enhance your trading by visualizing key price levels, session open zones, Fibonacci retracements, and premium/discount zones. This overlay indicator provides traders with a customizable toolkit to analyze market structure across any timeframe, making it ideal for intraday and swing trading strategies.
Features
Open Zone Visualization
- Plots a box based on the open and close of the first candle in a user-defined timeframe (default: 5-minute).
- Customizable box color, projection offset, and label size (Tiny, Small, Normal, Large).
- Displays a timeframe label (e.g., "5m Open Zone") for quick reference, toggleable on/off.
Session Open Lines
- Optionally draws horizontal lines at key session opens (8:30 AM, 9:30 AM, 1:30 PM, Midnight, New York time).
- Customize line color, style (Solid, Dashed, Dotted), width, and label size for each session.
- Perfect for identifying critical intraday price levels.
Premium and Discount Zones
- Highlights premium (above midpoint) and discount (below midpoint) zones based on session high/low.
- Toggleable with customizable colors and projection offsets.
- Helps traders spot overbought/oversold areas for potential mean-reversion trades.
Fibonacci Retracement Levels
- Plots user-defined Fibonacci levels (default: 0.23, 0.35, 0.5, 0.62, 0.705, 0.79, 0.886, 1, 1.1).
- Customizable line style, width, color, and labels (showing percentage and/or price).
- Dynamically adjusts based on price movement relative to the open zone.
Take Profit (TP) and Stop Loss (SL) Levels
- Highlights TP (default: 0.23) and SL (default: 1.1) Fibonacci levels with distinct colors.
- Fully customizable to align with your risk-reward strategy.
How It Works
- Session Detection : Resets daily (or per user-defined timeframe) to capture the first candle's open, high, low, and close.
- Open Zone : Draws a box between the open and close, extended forward by the projection offset.
- Session Lines : Plots lines at specified session opens with customizable styles and labels.
- Fibonacci Retracement : Adjusts levels dynamically based on session high/low and price action.
- Premium/Discount Zones : Calculated from the session range midpoint, updated in real-time.
Settings
- Open Zone :
- Timeframe (default: 5m), Calculate Timeframe (default: Daily).
- Toggle label, adjust size, box color, and projection offset.
- Session Open Lines :
- Enable/disable lines for 8:30 AM, 9:30 AM, 1:30 PM, Midnight.
- Customize color, style, width, label size, and vertical offset.
- Premium/Discount Zones :
- Toggle visibility, set colors, and adjust projection offset.
- Fibonacci Retracement :
- Toggle visibility, set custom levels, line style, width, color, and label options.
- Adjust projection offset.
- TP/SL :
- Set TP/SL Fibonacci levels and colors.
Use Cases
- Intraday Trading : Use session open lines and open zones to trade key market hours.
- Swing Trading : Leverage Fibonacci levels for potential reversal or continuation zones.
- Risk Management : Set precise TP/SL levels based on Fibonacci retracements.
- Market Structure : Identify overbought/oversold zones with premium/discount areas.
Notes
- Optimized with `dynamic_requests = true` for efficient real-time data handling.
- Visual elements (boxes, lines, labels) are cleaned up at the start of each new session.
- Session lines use New York time (`America/New_York`) for alignment with major markets.
MMT
Scalping Candle [Crak x MMT]The Scalping Candle is a TradingView indicator designed for scalping strategies, identifying potential bullish and bearish engulfing patterns on price charts. It overlays directly on the chart and marks specific candle patterns with visual signals, helping traders spot short-term trading opportunities. The indicator includes a customizable bias filter to focus on bullish, bearish, or neutral market conditions.
Features
Overlay Indicator : Displays bullish and bearish signals directly on the price chart.
Bias Filter : Allows users to select a market bias ('Bullish', 'Bearish', or 'Neutral') to filter signals based on their trading preference.
Visual Signals : Plots green upward triangles below bullish candles and red downward triangles above bearish candles.
Alerts : Generates alerts for bullish and bearish engulfing patterns, enabling timely notifications for trade setups.
How It Works
The indicator analyzes the relationship between the current and previous candles to detect engulfing patterns:
Bullish Engulfing : Triggered when the current candle's low is at or below the previous candle's low, and its close is at or above the previous candle's midpoint. This signal is displayed only if the bias filter is set to 'Neutral' or 'Bullish'.
Bearish Engulfing : Triggered when the current candle's high is at or above the previous candle's high, and its close is at or below the previous candle's midpoint. This signal is displayed only if the bias filter is set to 'Neutral' or 'Bearish'.
The previous candle's midpoint is calculated as the average of its high and low prices.
Usage
- Add to Chart : Apply the indicator to any TradingView chart.
- Configure Bias Filter :
Neutral : Displays both bullish and bearish signals.
Bullish : Displays only bullish signals.
Bearish : Displays only bearish signals.
- Interpret Signals :
Green upward triangle below a candle indicates a potential bullish reversal.
Red downward triangle above a candle indicates a potential bearish reversal.
- Set Alerts : Use the built-in alert conditions to receive notifications when bullish or bearish engulfing patterns are detected.
Settings
Bias Filter : Choose between 'Neutral', 'Bullish', or 'Bearish' to control which signals are displayed.
Shape Size : Signals are plotted as small triangles for minimal chart clutter.
Alert Conditions : Enable alerts for 'Bullish Engulfing Detected' or 'Bearish Engulfing Detected' to stay informed of new signals.
Ideal Use Case
This indicator is tailored for scalpers and short-term traders looking to capitalize on quick price movements driven by engulfing candle patterns. It works best on 15-minute chart and can be combined with other technical tools for confirmation.
MTF Candles [Fadi x MMT]MTF Candles
Overview
The MTF Candles indicator is a powerful tool designed for traders who want to visualize higher timeframe (HTF) candles directly on their current chart. Built with flexibility and precision in mind, this Pine Script indicator displays up to six higher timeframe candles, complete with customizable styling, sweeps, midpoints, fair value gaps (FVGs), volume imbalances, and trace lines. It’s perfect for multi-timeframe analysis, helping traders identify key levels, market structure, and potential trading opportunities with ease.
Key Features
- Multi-Timeframe Candles : Display up to six higher timeframe candles (e.g., 5m, 15m, 30m, 4H, 1D, 1W) on your chart, with configurable timeframes and visibility.
- Sweeps Detection : Identify liquidity sweeps (highs/lows) with customizable line styles, widths, and colors, plus optional alerts for confirmed bullish or bearish sweeps.
- Midpoint Lines : Plot the midpoint (average of high and low) of the previous HTF candle, with customizable color, width, and style for enhanced market analysis.
- Fair Value Gaps (FVGs) : Highlight gaps between non-adjacent candles, indicating potential areas of interest for price action.
- Volume Imbalances : Detect and display volume imbalances between adjacent candles, aiding in spotting significant price levels.
- Trace Lines : Connect HTF candle open, close, high, and low prices to their respective chart bars, with customizable styles and optional price labels.
- Custom Daily Open Times : Support for custom daily candle open times (Midnight, 8:30, or 9:30) to align with specific market sessions.
- Dynamic Labels : Show timeframe names, remaining time until the next HTF candle, and interval labels (e.g., day of the week for daily candles) with adjustable positions and sizes.
- Highly Customizable : Fine-tune candle appearance, spacing, padding, and visual elements to suit your trading style.
How It Works
The indicator renders HTF candles as boxes (bodies) and lines (wicks) on the right side of the chart, with each timeframe offset for clarity. It dynamically updates candles in real-time, tracks their highs and lows, and displays sweeps and midpoints when conditions are met. FVGs and volume imbalances are calculated based on candle relationships, and trace lines link HTF candle levels to their originating bars on the chart.
Sweep Logic
- A bearish sweep occurs when the current candle’s high exceeds the previous candle’s high, but the close is below it.
- A bullish sweep occurs when the current candle’s low falls below the previous candle’s low, but the close is above it.
- Sweeps are visualized as horizontal lines and can trigger alerts when confirmed on the next candle.
Midpoint Logic
- A midpoint line is drawn at the average of the previous HTF candle’s high and low, extending until the next HTF candle forms.
- Useful for identifying potential support/resistance or mean reversion levels.
Imbalance Detection
- FVGs : Identified when a candle’s low is above the next-but-one candle’s high (or vice versa), indicating a price gap.
- Volume Imbalances : Detected between adjacent candles where the body of one candle doesn’t overlap with the next, signaling potential liquidity zones.
Settings
Timeframe Settings
- HTF 1–6 : Enable/disable up to six higher timeframes (default: 5m, 15m, 30m, 4H, 1D, 1W) and set the maximum number of candles to display per timeframe (default: 4).
- Limit to Next HTFs : Restrict the number of active timeframes (1–6).
Styling
- Body, Border, Wick Colors : Customize bull and bear candle colors (default: light gray for bulls, dark gray for bears).
- Candle Width : Adjust the width of HTF candles (1–4).
- Padding and Spacing : Set the offset from the current price action and spacing between candles and timeframes.
Label Settings
- HTF Label : Show/hide timeframe labels (e.g., "15m", "4H") at the top/bottom of candle sets.
- Remaining Time : Display the countdown to the next HTF candle.
Interval Value: Show day of the week for daily candles or time for intraday candles.
- Label Position/Alignment : Choose to display labels at the top, bottom, or both, and align them with the highest/lowest candles or follow individual candle sets.
Imbalance Settings
- Fair Value Gap : Enable/disable FVGs with customizable color (default: semi-transparent gray).
- Volume Imbalance : Enable/disable volume imbalances with customizable color (default: semi-transparent red).
Trace Settings
- Trace Lines : Enable/disable lines connecting HTF candle levels to their chart bars, with customizable colors, styles (solid, dashed, dotted), and sizes.
- Price Labels : Show price levels for open, close, high, and low trace lines.
- Anchor : Choose whether trace lines anchor to the first or last enabled timeframe.
Sweep Settings
- Show Sweeps : Enable/disable sweep detection and visualization.
- Sweep Line : Customize color, width, and style (solid, dashed, dotted).
- Sweep Alert : Enable alerts for confirmed sweeps.
Midpoint Settings
- Show Midpoint : Enable/disable midpoint lines.
- Midpoint Line : Customize color (default: orange), width, and style (solid, dashed, dotted).
Custom Daily Open
Custom Daily Candle Open : Choose between Midnight, 8:30, or 9:30 (America/New_York) for daily candle opens.
Usage
- Add the indicator to your TradingView chart.
- Configure the desired higher timeframes (HTF 1–6) and enable/disable features via the settings panel.
- Adjust styling, labels, and spacing to match your chart preferences.
Use sweeps, midpoints, FVGs, and volume imbalances to identify key levels for trading decisions.
- Enable sweep alerts to receive notifications for confirmed liquidity sweeps.
Notes
Performance: The indicator is optimized for up to 500 boxes, lines, and labels, with a maximum of 5000 bars back. Can be slow at a time
Time Zone: Custom daily opens use the America/New_York time zone for consistency with major financial markets.
Compatibility: Ensure selected HTFs are valid (higher than the chart’s timeframe and divisible by it for intraday periods).
Quantity Theory of Money (Inflation Growth Rate)Quantity Theory of Money ( Inflation Growth Rate)
Equation:
%ΔM+%ΔV=%ΔP+%ΔY
M - Money Supply , V - Money Velocity , Y - Real GDP, P - Price
This script only takes into account money supply theory and does not account for increases/decreases in inflation due to energy costs. QTM Calculation is compared to USIRYY , USCCPI , and Sticky Price CPI . Flex_CPI and Flex_Core_CPI are not available in Trading View for comparison.
Simple Moving Average Default it set to 3 quarters for smoothing purposes. You can change this via the input window as you see fit.
