SHYY-TFC-Horizontal V2SHYY-TFC-Horizontal V2 – Multi-Timeframe Clarity for The Strat Traders
SHYY-TFC-Horizontal V2 is a powerful, clean, and efficient overlay designed for serious traders who use Rob Smith’s The Strat.
This real-time table gives you instant visual insight across all key timeframes – from 5 minutes to monthly – with:
Candle direction (bullish, bearish, neutral)
Strat bar type (1, 2U, 2D, 3)
Live countdown to bar close
Compact horizontal layout that saves space and enhances clarity
Fully customizable table position to fit any chart setup
Built with no lookahead bias, this version meets TradingView’s script publishing standards and is optimized for actionable, real-time decisions.
Ideal for:
Scalpers who need fast confirmation
Swing traders aligning entries with time frame continuity
Price action traders following The Strat methodology
Trade with confidence. See the full picture. React faster.
SHYY-TFC-Horizontal V2 – built to make you faster, sharper, and more in control.
Multitimeframe
Modified Fractal Open/CloseModified Fractal (Open/Close Based) - Indicator
The Modified Fractal (Open/Close Based) indicator offers a new way to detect fractal patterns on your chart by analyzing the open and close prices instead of the traditional high and low values.
🧮 How it works:
The indicator evaluates a group of 5 consecutive candles.
The central candle (2 bars ago) is analyzed.
For a Bullish Fractal:
The open or close of the central candle must be lower than the open and close of the other 4 surrounding candles.
For a Bearish Fractal:
The open or close of the central candle must be higher than the open and close of the other 4 surrounding candles.
Once a valid pattern is detected, a visual symbol (triangle) is plotted directly on the chart and an alert can be triggered.
✅ Key Features:
Non-repainting signals (evaluated after candle close)
Fully mechanical detection logic
Easy-to-use visual signals
Alert conditions ready to be integrated into TradingView’s alert system
Suitable for multiple timeframes (can be used from M1 to Daily and beyond)
🎯 Use case:
This modified fractal approach can help traders:
Spot potential swing points
Identify possible reversals
Confirm price exhaustion zones
Support breakout or mean reversion strategies
⚠ Note:
This indicator does not provide trade signals by itself. It is recommended to be combined with additional tools, price action analysis, or risk management rules.
CandelaCharts - 1st Presented FVG 📝 Overview
The ICT 1st Presented Fair Value Gap refers to the first FVG that forms after the market opens at 9:30 AM New York local time. In a sideways market, it often acts as a catalyst for price movement in either direction, while in trending conditions, it tends to support and reinforce the prevailing trend.
This indicator automatically identifies the first Fair Value Gap (FVG) that forms after the New York session opens at 9:30 AM local time. Based on concepts taught by Inner Circle Trader (ICT), the 1st Presented FVG is a key institutional price imbalance that often sets the tone for the trading day.
📦 Features
Customize FVG session time (e.g. 09:30 – 10:00)
Show/hide session dividers
FVG visibility filter (e.g. Bullish / Bearish)
Advanced styling
Hide overlapping FVGs
Extend FVGs
Opening prices
⚙️ Settings
Show: Controls whether all, bullish only, or bearish only FVGs are displayed on the chart.
Session: Sets a specific time window (e.g. 09:30–10:00) to filter which FVGs are displayed.
Dividers: Toggles vertical session divider on the chart for visual separation.
Midline: Displays a midpoint (CE) line through the FVG; customizable color and thickness.
Border: Adds a border around each FVG zone.
Labels: Toggles label display for FVGs.
Hide Overlap: Hides overlapping FVGs to reduce visual clutter.
Extend: Extends each FVG forward in time.
Alerts: Enables alerts when price interacts with an FVG zone.
Opening Prices: Allows defining custom time-based levels (e.g. 00:00–00:01 and 18:00–18:01) with color and style options.
⚡️ Showcase
Simple
Labels
Bordered
Consequent Encroachment
Extended
Dividers
📒 Usage
How to Use the ICT 1st Presented Fair Value Gap in Trading
To apply the ICT 1st Presented Fair Value Gap (FVG), identify the first fair value gap of the day and extend it across the chart until 3:45 PM New York time.
You’ll often notice that some of the best trade setups form around this level. It tends to act as a key reference point for price action during the day—especially on trending days, where price frequently returns to this gap before continuing in its direction.
This level can also serve as an inverse fair value gap, offering opportunities in the opposite direction under the right conditions.
How to Disqualify the 1st Presented Fair Value Gap?
When the first fair value gap forms after 9:30 AM New York time, check the candles that came just before it.
If the candlestick that creates the FVG doesn’t break above or below the range of those previous candles, then it’s not a true inefficiency. In that case, it’s considered a disqualified 1st Presented Fair Value Gap—meaning it shouldn’t be used as a key reference level.
Refer to the example below to see what this looks like on the chart.
🚨 Alerts
This script provides alert options for all signals.
Bearish Signal
A bearish signal is triggered when the bearish 1st P.FVG is formed in interval 09:30 - 10:00.
Bullish Signal
A bullish signal is triggered when the bullish 1st P.FVG is formed in interval 09:30 - 10:00.
⚠️ Disclaimer
Trading involves significant risk, and many participants may incur losses. The content on this site is not intended as financial advice and should not be interpreted as such. Decisions to buy, sell, hold, or trade securities, commodities, or other financial instruments carry inherent risks and are best made with guidance from qualified financial professionals. Past performance is not indicative of future results.
VWAP/VOL [Extension] | FractalystWhat's the indicator's purpose and functionality?
The VWAP/VOL Extension is designed specifically as a bias identification system for the Quantify Trading Model.
This extension uses volume-weighted average price analysis combined with institutional volume classification to automatically detect market bias without requiring optimization periods that lead to overfitting.
The system provides real-time bias signals (bullish/bearish/neutral) that integrate directly with Quantify's machine learning algorithms, enabling institutional-level backtesting and automated entry/exit identification based on genuine market structure rather than curve-fitted parameters.
How does this extension work with the Quantify Trading Model?
The VWAP/VOL Extension serves as the bias detection engine for Quantify's automated trading system.
Instead of manually selecting bias direction, this extension automatically identifies market bias using:
- Volume-weighted VWAP analysis with three-state detection (bullish/bearish/neutral)
- Institutional volume classification using relative volume thresholds without optimization
- Non-repainting architecture ensuring consistent bias signals for Quantify's machine learning
The extension outputs bias signals that Quantify uses as input through the `input.source()` function, allowing the Trading Model to focus on optimal entry/exit timing while the extension handles bias identification.
Why doesn't this use optimization periods like other indicators?
The VWAP/VOL Extension deliberately avoids optimization periods to prevent overfitting bias that destroys out-of-sample performance. The system uses:
- Fixed mathematical thresholds based on market structure principles rather than optimized parameters
- Relative volume analysis using standard 2.0x/0.5x ratios that work across all market conditions
- VWAP distance calculations based on percentage thresholds without curve-fitting
- Gap enforcement using fixed 5-bar minimums for disciplined bias detection
This approach ensures the bias signals remain robust across different market regimes without the performance degradation typical of over-optimized systems.
Can this extension be used independently for discretionary trading?
No, the VWAP/VOL Extension is specifically engineered to work as a component within the Quantify ecosystem. The extension is designed to:
- Provide bias input for Quantify's machine learning algorithms
- Enable automated backtesting through systematic bias identification
- Support institutional-level analysis when combined with Quantify's ML entry model
Using this extension independently would miss the primary value proposition of systematic entry/exit optimization that Quantify provides.
The extension handles bias detection so Quantify can focus on probability-based trade timing and risk management.
How does this enable institutional-level backtesting?
The extension transforms discretionary bias identification into systematic institutional analysis by:
- Eliminating subjective bias selection through automated VWAP/volume analysis
- Providing consistent historical signals with non-repainting architecture for accurate backtesting
- Integrating with Quantify's algorithms to identify optimal entry patterns based on objective bias states
- Enabling performance analysis across multiple market regimes without optimization bias
This combination allows Quantify to run institutional-grade backtests with consistent bias identification, generating reliable performance statistics and risk metrics that reflect genuine market edge rather than curve-fitted results.
How do I integrate this with the Quantify Trading Model?
Integration enables institutional-grade systematic trading through advanced machine learning and statistical validation:
- Add both VWAP/VOL Extension and Quantify Trading Model to your chart
- Select VWAP/VOL Extension as the bias source using input.source()
- Quantify automatically uses the extension's bias signals for entry/exit analysis
- The built-in machine learning algorithms score optimal entry and exit levels based on trend intensity, volume conviction, and market structure patterns identified by the extension
The extension handles all bias detection complexity while Quantify focuses on optimal trade timing, position sizing, and risk management along with PineConnector automation
What markets and assets does the VWAP/VOL Extension work best on?
The VWAP/VOL Extension performs optimally on markets with consistent, high-volume participation since the system relies on institutional volume analysis for bias detection. Futures markets provide the most reliable performance due to their centralized volume data and continuous institutional participation.
Recommended Futures Markets:
- ES (S&P 500 E-mini) - Over 2 million contracts daily volume, excellent liquidity depth
- NQ (NASDAQ-100 E-mini) - Around 600,000 contracts daily, strong tech sector representation
- YM (Dow Jones E-mini) - Consistent institutional flow and volume patterns
- RTY (Russell 2000 E-mini) - Small-cap exposure with reliable volume data
- GC (Gold Futures) - High volume commodity with institutional participation
- CL (Crude Oil Futures) - Energy sector representation with strong volume consistency
Why Futures Markets Excel:
- Futures markets provide centralized volume reporting, ensuring the extension's volume classification system receives accurate institutional participation data. The standardized contract specifications and continuous trading hours create consistent volume patterns that the extension's algorithms can analyze effectively.
Acceptable Timeframes and Portfolio Integration:
- Any timeframe that can be evaluated within Quantify Trading Model's backtesting engine is acceptable for live trading implementation.
The extension is specifically designed to integrate with Quantify's portfolio management system, allowing multiple strategies across different timeframes and assets to operate simultaneously while maintaining consistent bias identification methodology across the entire automated trading portfolio.
Legal Disclaimers and Risk Acknowledgments
Trading Risk Disclosure
The VWAP/VOL Extension is provided for informational, educational, and systematic bias detection purposes only and should not be construed as financial, investment, or trading advice. The extension provides volume-weighted institutional analysis but does not guarantee profitable outcomes, accurate bias predictions, or positive investment returns.
Trading systems utilizing bias detection algorithms carry substantial risks including but not limited to total capital loss, incorrect bias identification, market regime changes, and adverse conditions that may invalidate volume-based analysis. The extension's performance depends on accurate volume data, TradingView infrastructure stability, and proper integration with Quantify Trading Model, any of which may experience data errors, technical failures, or service interruptions that could affect bias detection accuracy.
System Dependency Acknowledgment
The extension requires continuous operation of multiple interconnected systems: TradingView charts and real-time data feeds, accurate volume reporting from exchanges, Quantify Trading Model integration, and stable platform connectivity. Any interruption or malfunction in these systems may result in incorrect bias signals, missed transitions, or unexpected analytical behavior.
Users acknowledge that neither Fractalyst nor the creator has control over third-party data providers, exchange volume reporting accuracy, or TradingView platform stability, and cannot guarantee data accuracy, service availability, or analytical performance. Market microstructure changes, volume reporting delays, exchange outages, and technical factors may significantly affect bias detection accuracy compared to theoretical or backtested performance.
Intellectual Property Protection
The VWAP/VOL Extension, including all proprietary algorithms, volume classification methodologies, three-state bias detection systems, and integration protocols, constitutes the exclusive intellectual property of Fractalyst. Unauthorized reproduction, reverse engineering, modification, or commercial exploitation of these proprietary technologies is strictly prohibited and may result in legal action.
Liability Limitation
By utilizing this extension, users acknowledge and agree that they assume full responsibility and liability for all trading decisions, financial outcomes, and potential losses resulting from reliance on the extension's bias detection signals. Fractalyst shall not be liable for any unfavorable outcomes, financial losses, missed opportunities, or damages resulting from the development, use, malfunction, or performance of this extension.
Past performance of bias detection accuracy, volume classification effectiveness, or integration with Quantify Trading Model does not guarantee future results. Trading outcomes depend on numerous factors including market regime changes, volume pattern evolution, institutional behavior shifts, and proper system configuration, all of which are beyond the control of Fractalyst.
User Responsibility Statement
Users are solely responsible for understanding the risks associated with algorithmic bias detection, properly configuring system parameters, maintaining appropriate risk management protocols, and regularly monitoring extension performance. Users should thoroughly validate the extension's bias signals through comprehensive backtesting before live implementation and should never base trading decisions solely on automated bias detection.
This extension is designed to provide systematic institutional flow analysis but does not replace the need for proper market understanding, risk management discipline, and comprehensive trading methodology. Users should maintain active oversight of bias detection accuracy and be prepared to implement manual overrides when market conditions invalidate volume-based analysis assumptions.
Terms of Service Acceptance
Continued use of the VWAP/VOL Extension constitutes acceptance of these terms, acknowledgment of associated risks, and agreement to respect all intellectual property protections. Users assume full responsibility for compliance with applicable laws and regulations governing automated trading system usage in their jurisdiction.
Bias Bar Coloring + Multi-Timeframe Bias Table + AlertsMulti-Timeframe Bias Bar Coloring with Alerts & Table
This indicator provides a powerful, visual way to assess price action bias across multiple timeframes—Monthly, Weekly, and Daily—while also coloring each bar based on the current chart’s bias.
Features:
Persistent Bar Coloring: Bars are colored green for bullish bias (close above previous high), red for bearish bias (close below previous low), and persist the last color if neither condition is met. This makes trend shifts and momentum easy to spot at a glance.
Bias Change Alerts: Get notified instantly when the bias flips from bullish to bearish or vice versa, helping you stay on top of potential trade setups or risk management decisions.
Multi-Timeframe Bias Table: A table anchored in the top right corner displays the current bias for the Monthly, Weekly, and Daily charts, color-coded for quick reference. This gives you a clear view of higher timeframe context while trading any chart.
Consistent Logic: The same objective bias logic is used for all timeframes, ensuring clarity and reliability in your analysis.
How to Use:
Use the bar colors for instant visual feedback on trend and momentum shifts.
Watch the top-right table to align your trades with higher timeframe bias, improving your edge and filtering out lower-probability setups.
Set alerts to be notified of bias changes, so you never miss a potential opportunity.
This tool is ideal for traders who value multi-timeframe analysis, want clear visual cues for trend direction, and appreciate having actionable alerts and context at their fingertips.
Hidden Orderblock,HOB,OB,BB,MT,MTF Hidden Order Block & Breaker Block (HOB/BB) Multi-Timeframe Analysis
A powerful tool for Smart Money traders and ICT-style practitioners seeking precision, confluence, and clean visual execution. This indicator identifies institutional price zones such as Hidden Order Blocks (HOB), Breaker Blocks (BB), Partial Hidden Order Blocks (PHOB), and traditional Order Blocks (OB)—all across multiple timeframes with minimal chart clutter.
✅ Key Features
1. Hidden Order Block (HOB) Detection
Identifies non-obvious order blocks often hidden within price action.
Requires the EQ (Equilibrium) of the block to pass through at least one Fair Value Gap (FVG).
Invalidation Rule: If price touches the EQ and then closes beyond it (depending on structure), the HOB is invalidated.
2. Breaker Block (BB) Detection
Highlights zones where price made a liquidity grab followed by a strong reversal.
Useful for anticipating support/resistance flips and high-probability reaction areas.
3. Partial Hidden Order Block (PHOB) Detection
A variation of HOBs where price only partially touches the EQ.
Often acts as an early warning zone for reversals or continuation.
Less strict than HOBs, but still institutionally relevant.
4. Traditional Order Block (OB) Detection
Identifies bullish/bearish OBs based on engulfing patterns and displacement.
Marks only the body of the engulfing candle, with the EQ line acting as a key validation/invalidation level.
Once the EQ is touched, the OB is considered invalidated.
5. Engulfing Filter Engine
Customizable logic for OB qualification.
“Easy Engulfing Mode” simplifies detection for newer traders or faster workflow.
Fine-tune aggressiveness and visual clarity with user-defined settings.
6. Multi-Timeframe (MTF) Visualization
Overlay OBs, HOBs, BBs, and PHOBs from higher timeframes (e.g., 4H, 1D) on lower timeframes (15m, 1H).
Enhances top-down confluence without switching charts.
Keeps the visual experience clean and intuitive.
7. Minimalist Visual Design
Only the zone boundaries and EQ lines are displayed.
No extra noise—perfect for both scalpers and swing traders.
Dynamic label positioning and styling for improved chart aesthetics.
8. Performance-Optimized Code
Lightweight, real-time rendering.
Designed for responsiveness—even on lower timeframes with dense historical data.
⚙️ How It Works (Simplified Logic)
Order Block Detection:
Scans for engulfing candles that show displacement.
Defines the OB as the body of the engulfing candle.
EQ line is marked and projected forward until invalidated.
Hidden Order Block Logic:
Starts from a traditional OB, but requires the EQ to pass through at least one FVG.
Upon a close beyond the EQ in the opposite direction, the HOB is invalidated.
PHOB Logic:
Similar to HOBs, but allows partial touches of the EQ before reacting.
Breaker Block Logic:
Identifies liquidity sweeps followed by impulsive moves.
Marks these zones as BBs for potential reaction areas.
📈 Use Cases
Detect institutional price zones with high precision.
Simplify decision-making with visual EQs and MTF overlays.
Integrate seamlessly into:
Smart Money Concepts (SMC)
ICT-style trading
Wyckoff methodology
Discretionary zone-to-zone strategies
🧠 Definitions Summary
OB (Order Block):
Engulfed candle body; EQ is the midpoint of the body. Invalid once EQ is touched.
HOB (Hidden Order Block):
Like OB, but EQ must pass through at least one FVG.
Invalidated when a candle touches EQ and closes beyond it.
PHOB (Partial Hidden Order Block):
Like HOB, but allows partial touch of the EQ to remain valid.
Ultimate Williams %RUltimate Williams %R
The most advanced Williams %R indicator available - featuring multi-timeframe analysis, zero-lag processing, volatility adaptivity, and intelligent extreme zone detection.
Key Improvements Over Standard Williams %R
Multi-Timeframe: Combines short, medium, and long-term Williams %R calculations with Ultimate Oscillator-style weighting for superior signal quality
Zero-Lag Implementation: Utilizes Ehler's Zero-Lag EMA with error correction, eliminating traditional oscillator lag while maintaining smoothness
Volatility Adaptive: Automatically adjusts periods based on ATR volatility analysis for optimal performance in all market conditions
Z-Score Normalization: Provides consistent, statistically-based extreme level detection across different market environments
Perfect For
Overbought/Oversold Identification: Instantly spot extreme market conditions with visual intensity that scales with signal strength
Divergence Analysis: Enhanced responsiveness and smooth operation make divergence patterns clearer and more reliable
Multi-Timeframe Confirmation: Built-in timeframe combination eliminates the need for multiple Williams %R indicators
Entry/Exit Timing: Zero-lag processing provides earlier signals without sacrificing accuracy
Customizable Settings
Timeframe Periods: Adjustable short (7), medium (14), and long (28) periods
Volatility Adaptation: Configurable ATR-based period adjustment
Zero-Lag Processing: Toggle and fine-tune the smoothing system
Z-Score Normalization: Adjustable lookback period for statistical analysis
Extreme Levels: Customizable threshold for extreme signal detection
MÈGAS ALGO : NMS (Nexora Momentum Synchronizer) [INDICATOR]Overview
The NMS (Nexora Momentum Synchronizer) is a multi-timeframe indicator that aggregates and analyzes data of multiple momentum oscillators across different timeframes (1m, 5m, 15m, 30m, 45m, 1h, 2h, 4h, 8h, 12h and 24h).
A user-friendly table displaying the indicator’s current values for each timeframe simultaneously.
The script, thanks to the best technical momentum indicators provided by Tradingview, evaluates trend strength and market momentum through synchronized readings of TRSI , TSI , RSI , Stochastic RSI , Williams %R , and CCI.
In addition to the indicator also tracks:
-percentage change in price from the last bar's open across each timeframes
-countdown time to bar close
This indicator caters to the diverse needs of traders, whether they are focused on short-term momentum bursts or long-term trend-following strategies.
By synchronizing momentum indicators, real-time price change(%) from last open and countdow time to close, across multiple timeframes, this tool provides a holistic view of market dynamics, empowering traders to make informed decisions with confidence.
Key Features
1.Multi-Timeframe Momentum Analysis
The Nexora Momentum Synchronizer performs an analysis of key momentum indicator :
—Trend Strength Index (TSI) , True Strength Index (TSI) , Relative Strength Index (RSI) , Stochastic Oscillator (STOCH), Williams Percent Range (W%R) and Commodity Channel Index (CCI) —across multiple timeframes. This ensures traders receive a
comprehensive understanding of momentum alignment, helping them identify high-probability
trade setups with reduced noise and false signals.
In addition to oscillator alignment and regression-based zone detection, the script includes:
-real-time price change(%) from last open for each timeframe, providing insight into intrabar momentum and directional bias.
-real-time countdown to bar close , displayed directly in the table, which enhances timing precision and supports scalping or event-based trading strategies.
These tools combine to offer a comprehensive, real-time framework for both discretionary and alert-driven trading systems.
2.Customizable Parameters
Fully adjustable settings allow traders to tailor the indicator to their specific preferences and
adapt to diverse market conditions. From adjusting overbought and oversold levels to selecting preferred timeframes for alignment alerts, the Nexora Momentum Synchronizer offers unparalleled flexibility to meet individual trading styles.
3.Multi-Timeframe Alerts
Traders can set up alerts for momentum alignment across up to four different timeframes. These alerts ensure that no opportunity is missed, regardless of the trading horizon or strategy being employed.
These alerts can be set up to three different mode : All (to never miss opportunity), Once_for_Bar (to limit to one alert triggered during bar's period) or Bar_Close (to avoid earlier bias).
4.User-Friendly Interface
Designed with simplicity in mind, the Nexora Momentum Synchronizer features an intuitive
table interface that makes complex data easy to interpret. Clear visual cues and
interactive elements allow traders to focus on executing strategies without being
overwhelmed by cluttered charts.
Advantages of Nexora Momentum Synchronizer
Flexibility : Fully customizable parameters ensure the indicator adapts to diverse market
conditions and trader preferences.
Comprehensive Analysis : Multi-timeframe evaluation of momentum indicators provides a
holistic view of market dynamics, enhancing trade confidence.
Real-Time Alerts : Multi-timeframe alert functionality keeps traders informed of critical
market movements and momentum shifts across different horizons.
Please Note:
This indicator is provided for informational and educational purposes only. It is not financial advice, and it should not be considered a recommendation to buy, sell, or trade any financial instrument. Trading involves significant risks, including the potential loss of your entire investment. Always conduct your own research and consult with a licensed financial advisor before making any trading decisions.
The results and images provided are based on algorithms and historical/paid real-time market data but do not guarantee future results or accuracy. Use this tool at your own risk, and understand that past performance is not indicative of future outcomes.
ADR et %+Vol (ADR ou %)This indicator identifies breakout bars based on significant price movements combined with increased trading volume. It allows you to define breakout thresholds in two ways:
Key Features:
Threshold Method: Choose between:
Fixed Percentage (%): Specify an exact percentage move.
ADR-based (%): Utilize the Average Daily Range (ADR) multiplied by a factor of your choice.
ADR Calculation: Offers two distinct calculation methods to suit your trading style:
True Range (TR): Incorporates overnight gaps, making it ideal for swing trading.
High-Low (H-L): Purely intraday measure, suitable for day trading without gap consideration.
Timeframe Flexibility:
Select the desired timeframe for ADR calculation (e.g., Daily, Weekly, Hourly), providing flexibility to match your specific trading horizon.
Visual Signals:
Blue Bar Coloring: Highlights breakout candles clearly.
Blue Circle Markers: Signals bars with significant price movement accompanied by strong volume.
Information Display:
Shows the ADR percentage, selected timeframe, and calculation method directly on the chart (top-right), providing instant clarity about the current settings.
Usage Recommendations:
Use True Range ADR if you hold positions overnight or trade multi-day swings.
Opt for High-Low ADR if you're trading purely intraday and prefer simpler measures.
This versatile indicator is suited for both swing and intraday traders looking for reliable volatility measures combined with volume confirmation.
Directional Change Extremes by CR86Подтверждение сигналов в индкаторе Directional Change происходит на основе алгоритма отката цены (sigma), заданного как процент от предыдущего экстремума. Процесс следующий:
Поиск вершины (Top): Изначально индикатор ищет максимум (tmp_max). Когда цена откатывает ниже текущего максимума на величину sigma (например, close < tmp_max - tmp_max * sigma), вершина подтверждается, и сигнал Top фиксируется. Это запускает поиск основания.
Поиск основания (Bottom): После подтверждения вершины минимальная цена (tmp_min) обновляется. Когда цена растет выше текущего минимума на sigma (например, close > tmp_min + tmp_min * sigma), основание подтверждается, и сигнал Bottom фиксируется. Это переключает индикатор обратно к поиску вершины.
Условия: Подтверждение происходит только при закрытии бара, что обеспечивает стабильность сигнала. Метки "Confirm" появляются на баре, где выполнено условие отката.
Пример: Если tmp_max = 1000 и sigma = 0.031, подтверждение Top произойдет, когда цена упадет ниже 969 (1000 * 0.969).
English
Signal confirmation in the Directional Change indicator is based on a price retracement algorithm (sigma) defined as a percentage of the previous extreme. The process is as follows:
Top Detection: The indicator initially seeks a maximum (tmp_max). A top is confirmed when the price retraces below the current maximum by sigma (e.g., close < tmp_max - tmp_max * sigma), triggering a Top signal. This shifts the focus to bottom detection.
Bottom Detection: After a top is confirmed, the minimum price (tmp_min) is updated. A bottom is confirmed when the price rises above the current minimum by sigma (e.g., close > tmp_min + tmp_min * sigma), triggering a Bottom signal. This switches the indicator back to seeking a top.
Conditions: Confirmation occurs only on bar close, ensuring signal stability. "Confirm" labels appear on the bar where the retracement condition is met.
Example: If tmp_max = 1000 and sigma = 0.031, a Top is confirmed when the price drops below 969 (1000 * 0.969).
Advanced Volume Profile Levels (Working)This indicator is a powerful tool for traders who use volume profile analysis to identify significant price levels. It automatically calculates and plots the three most critical levels derived from volume data—the Point of Control (POC), Value Area High (VAH), and Value Area Low (VAL)—for three different timeframes simultaneously: the previous week, the previous day, and the current, live session.
The primary focus of this indicator is unmatched readability. It features dynamic, floating labels that stay clear of price action, combined with a high-contrast design to ensure you can see these crucial levels at a glance without any visual clutter.
Key Features
Multi-Session Analysis: Gain a complete market perspective by viewing levels from different timeframes on a single chart.
Weekly Levels: Identify the long-term areas of value and control from the prior week's trading activity.
Daily Levels: Pinpoint the most significant levels from the previous day's Regular Trading Hours (9:30 AM - 4:00 PM ET).
Current Session Levels: Track the developing value area and POC in real-time with a dynamic profile that updates with every bar.
Advanced Visuals for Clarity:
Floating Labels: The labels for the weekly and daily levels intelligently "float" on the right side of your chart, moving with the price to ensure they are never obscured by candles.
High-Contrast Design: Labels are designed for maximum readability with solid, opaque backgrounds and an automatic text color (black or white) that provides the best contrast against your chosen level color.
Trailing Current Levels: The labels for the current session neatly trail the most recent price action, providing an intuitive view of intra-day developments.
Comprehensive Customization: Tailor the indicator's appearance to your exact preferences.
Toggle each profile (Weekly, Daily, Current) on or off.
Individually set the color, line style (solid, dashed, dotted), and line width for each set of levels.
Adjust the text size, background transparency, and horizontal offset for all on-chart labels.
Information Hub:
On-Chart Price Labels: Each label clearly displays both the level name and its precise price (e.g., "D-POC: 22068.50").
Corner Table: An optional, clean table in the top-right corner provides a quick summary of all active weekly and daily level values.
Built-in Alerts:
Create alerts directly from the script to be notified whenever the price crosses above or below the weekly or daily Point of Control, helping you stay on top of key market movements.
How to Use
The levels provided by this indicator serve as powerful reference points for market activity:
Point of Control (POC): The price level with the highest traded volume. It acts as a magnet for price and represents the area of "fair value" for that session. Markets often test or revert to the POC.
Value Area High (VAH) & Value Area Low (VAL): These levels define the range where approximately 70% of the session's volume occurred. They are critical support and resistance zones.
Price acceptance above the VAH may signal a bullish breakout.
Price acceptance below the VAL may signal a bearish breakdown.
Rejection at the VAH or VAL often leads to price moving back across the value area towards the POC.
Trend Blend
Trend blend is my new indicator. I use it to identify my bias when trading and filter out fake setups that are going in the wrong direction.
Trend blend utilises the 9 EMA (Red), 21 EMA (Black), and if you trade futures or Bitcoin, you can also use the VWAP (Blue).
There is also a table at the top right that displays the chart time frame bias
I prefer to use the 1-hour time frame for bias and execute the trades on 5-minute charts, mainly, and sometimes on the 1-minute for a smaller stoploss.
Here's an example of the trade I took during the London session on XAU/USD
1 hour bias was Bearish
Price broke out of the range
I waited for the London session to open, where I ended up taking a short on the 5-minute time frame as we broke out of the pre-London range
Entry was at the Fair Value Gap (5-minute bias was also Bearish as price traded into the FVG)
Stoploss was at the last high
Take Profit was the next major support level
Another set that I like to trade with the Trend blend is when price is trending bullish and price trades inside the 9 and 21 EMA, and there is a bullish candle closer above the 9 EMA with Stoploss below the low of the bullish candle and Take profit between 1-2 Risk to Reward
Same when there's a bearish trend, I wait for price to trade inside the 9 and 21 EMA, and I'll take sells when a bearish candle closes below the 9 EMA.
This setup works best in strong trends, or it can be used to enter a trade on a pullback or to scale into an existing trade.
S&P Power Hour Liquidity Sweep StrategyThis indicator is designed for intraday traders who want to take advantage of liquidity grabs, break of structure (BOS), and optimal entry points during the most volatile hours of the trading day: the NYSE Power Hours (09:30–10:30 AM and 02:30–04:00 PM EST).
Key Features:
Power Hour Detection:
Automatically identifies the two most liquid hours of the trading session.
Liquidity Sweep Detection:
Highlights when price sweeps a recent swing high or low — a common trap before reversals.
Break of Structure (BOS):
Confirms trend shift after a liquidity sweep with smart money-style BOS markers.
Fair Value Gap (FVG) Highlighting: (Optional)
Spot institutional imbalances between candles to fine-tune trade entries.
How It Works:
Wait for price to sweep a swing high or low during the power hours.
Look for a break of structure (BOS) in the opposite direction.
Enter on the next candle or FVG retest.
The indicator will plot a yellow circle for entry, a red line for stop, and a green line for the target (based on your RR setting).
Customizable Inputs:
Swing sensitivity (lookback bars)
Risk-to-reward ratio
Optional FVG visibility
Best Used With:
Higher timeframe bias (15m/1H)
Order blocks or volume analysis
Avoiding major news events
Whether you're a scalper or precision-based intraday trader, this tool helps you spot high-probability reversal setups with clean visuals and clear confirmations.
ORB Breakout Indicator - NQ1!The purpose of this indicator is to assist traders in rapidly identifying high-probability Opening Range Breakout (ORB) setups on the NQ1! 1-minute time frame (Nasdaq Futures)
Key Features:
Opening Range: Automatically plots the high and low of the 1st 15min of the (NYSE session) (09:30–09:45 EST)
Breakout Signals : Illustrates the first candle that breaks upward or downward and:
Green arrow for a bullish breakout
Red arrow for a bearish breakout
Clean Visuals: Dynamic lines show the high and low of the ORB window for easy reference.
(DON'T USE THIS ONLY FOR ENTRY SIGNALS, PAIR THIS WITH OTHER INFLUENCES TO GET HIGH PROBABILITY BREAKOUTS)
Top Right Watermark# TopRight Watermark
**Finally, a watermark that stays out of your way!**
Tired of TradingView's default watermark blocking your price action and technical analysis? This customizable watermark indicator gives you complete control over positioning and content display.
## 🎯 Key Features
**✅ Flexible Positioning** - Place anywhere: corners, sides, or edges
**✅ Multi-Slot Display** - Up to 3 customizable information slots
**✅ Individual Font Control** - Different sizes for each slot
**✅ Platform Compatibility** - TradingView OR MetaTrader timeframe formats
**✅ Clean & Professional** - Customizable colors and transparency
## 🔧 What You Can Display
- **Timeframe** - Current chart period
- **Ticker** - Symbol name (smart formatting for crypto/forex)
- **Exchange** - Broker/platform name
- **Custom Text** - Your own message
- **Empty** - Hide unused slots
## 🎨 Customization Options
- **Position**: 9 placement options (top/middle/bottom + left/center/right)
- **Colors**: Full color picker with transparency control
- **Font Sizes**: 5 sizes available per slot (tiny to huge)
- **Timeframe Style**: Choose TradingView (1m, 4H) or MetaTrader (M1, H4) format
## 🚀 Perfect For
- Traders who need clean chart visibility
- Multi-timeframe analysis
- Professional chart screenshots
- Platform migrants (MT4/MT5 to TradingView)
- Anyone wanting organized chart information
## 💡 Pro Tips
- Place in corners to avoid price action interference
- Combine Exchange + Ticker + Timeframe for complete context
- Use transparency to make it subtle but visible
**Stop letting watermarks interfere with your trading analysis. Take control of your chart display today!**
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*Compatible with all TradingView chart types and timeframes. Easy setup with intuitive controls.*
BOS mark-out (by Lumiere)Advanced BOS Detection with Strict Swing Confirmation
This indicator implements BOS detection with several unique features:
🔹 Dual-Candle Swing Validation - Unlike most BOS indicators that use single candle swings, this uses a two-candle confirmation for swing highs/lows, analyzing both the candle wicks and body transitions.
🔹 Directional Lock System - Implements a state machine that prevents duplicate signals until an opposite-direction BOS occurs, reducing noise.
🔹 Precision Wick Analysis - Compares wicks between the reversal candle and confirmation candle to identify the true swing point.
🔹 Real-Time Update & Live Market Adaptation – The indicator continuously monitors price action and instantly updates BOS signals as new candles form, ensuring you never miss a BOS.
How It Differs From Other BOS Indicators:
Most public BOS indicators use simple HH/HL or LH/LL detection.
Many don't implement the directional locking mechanism.
Few use the two-candle wick comparison approach.
Wick-Based Precision uses the extreme wicks of two candles (not just the body).
Strict Confirmation requires a close beyond the swing point (no "wick breaks" counted).
Usage Examples:
🟦 Bullish BOS:
A green candle closes, followed by a red candle. This will be the new high, and if the next candle closes above the highest wick of those two, it will be a BOS (only if we had a bearish BOS before)
🟥 Bearish BOS:
A red candle closes, followed by a green candle. This will be the new low, and if the next candle closes below the lowest wick of those two, it will be a BOS (only if we had a Bullish BOS before)
PriceLevels GBGoldbach Price Levels – Identify Algorithmic Key Zones
This open-source indicator is designed to help traders identify potential algorithmic key zones by highlighting price levels ending with specific numbers such as 03, 11, 29, 35, 65, and 71. These levels may act as inflection points or hesitation areas based on observed behavioral patterns in price movement.
What It Does:
📌 Scans and plots horizontal price levels where the price ends with one of the selected number combinations
🎯 Toggle on/off visibility for each number ending
🎨 Customize color and thickness for each level
🏷️ Shows price labels at the end of each line
🌗 Label styles (color/transparency) are adjustable for both dark and light chart themes
🧠 Why Use It:
This tool is ideal for discretionary traders who study market structure through static price anchors. It provides a visual reference for recurring numerical levels that may be used in algorithmic trading models or serve as psychological price zones.
⚠️ Disclaimer:
This script is open-source and intended for educational and analytical purposes only. No trading signals or performance guarantees are provided. Please use your own judgment when applying this tool in a trading context.
SHYY TFC Candles_Confirmation X 4TF)SHYY Real-Time FTC Confirmation is a multi-timeframe trend alignment tool designed to provide real-time confirmation of market direction across up to four configurable timeframes. Unlike traditional tools that rely on closed candles, this version uses in-progress bars to detect live momentum, allowing traders to respond as trends are forming rather than after they are confirmed.
This script checks the current price direction on each selected timeframe by comparing the current close to the open of the same candle. A timeframe is considered bullish if the close is above the open, bearish if below, and neutral if equal. If all enabled timeframes are aligned in the same direction, the current chart candle is colored accordingly.
White candles indicate that all selected timeframes are currently bullish. Yellow candles indicate that all selected timeframes are currently bearish. If the timeframes are not fully aligned, the candle remains uncolored.
Each of the four timeframes can be configured individually in the settings panel. Users can also enable or disable each timeframe independently using checkboxes, allowing flexibility in how the confirmation logic is applied.
The script uses a single request.security() call per timeframe with lookahead enabled, so that the information shown reflects the live status of each timeframe’s bar, not just completed ones. This makes it suitable for real-time decision-making and strategy filtering.
This tool can assist scalpers, trend followers, and breakout traders in aligning trades with broader market direction. It can be used as a standalone trend filter or in conjunction with other indicators and strategies.
No external dependencies or overlays are required.
This is an original script, built to provide real-time, multi-timeframe confirmation using a clean and efficient approach.
MTF PO3 Big Candle By Rouro📊 MTF PO3 Big Candle By Rouro
This indicator allows you to visualize candles from higher timeframes (HTF) directly on lower timeframe charts.
It draws:
📉 Past candles from the selected HTF.
📈 A projected current candle of a chosen timeframe, extended to the right of the chart.
It's ideal for traders who want to align decisions on lower timeframes with key HTF structures.
⚙️ Inputs & Configuration
🕐 Past Candle Timeframe
Selects the timeframe to visualize historical candles.
(e.g., 4H on a 5-minute chart)
📅 Projected Candle Timeframe
Chooses the timeframe for the current (live) candle that is drawn to the right of the chart.
(e.g., 1D)
➡️ Right Displacement (bars)
Controls how far to the right the projected candle is drawn.
🟩 Bullish Body Color
Defines the color of bullish candle bodies.
🟥 Bearish Body Color
Defines the color of bearish candle bodies.
🔵 Wick Color
Color of the high/low wicks.
🔲 Body Transparency (0–100)
Controls the transparency of the candle body fill.
📌 Show Wicks
Enables or disables drawing of the wicks on all candles.
💡 Notes
If the projected candle is from a very large timeframe (e.g., 1D) and you are on a small timeframe (e.g., 5m), the projection length is limited to avoid overlapping the chart.
All candle shapes update in real time.
The indicator is optimized for performance and includes fail-safes for TradingView's limits.
💬 Support
If you have any questions, feel free to ask in the comments.
If this indicator has been useful or valuable for your trading, please leave a comment saying so — your feedback helps the community and supports the publication process.
✅ Compliant with TradingView’s house rules: No ads, sales, links, or misleading claims.
📌 This is a visual utility tool designed to support multi-timeframe analysis.
Market Sessions Indicator by NomadTradesCustomisable Market session indicator
This indicator visually marks the high and low price levels for the Asia, London, and New York trading sessions directly on the chart, using distinct horizontal lines and color-coding for each session. Each session’s high and low are labelled for easy identification, allowing traders to quickly assess key support and resistance levels established during major global market hours. The indicator is designed for clear session demarcation, helping users identify price reactions at these significant levels and supporting multi-session analysis for intraday and swing trading strategies
RSI of RSI Deviation (RoRD)RSI of RSI Deviation (RoRD) - Advanced Momentum Acceleration Analysis
What is RSI of RSI Deviation (RoRD)?
RSI of RSI Deviation (RoRD) is a insightful momentum indicator that transcends traditional oscillator analysis by measuring the acceleration of momentum through sophisticated mathematical layering. By calculating RSI on RSI itself (RSI²) and applying advanced statistical deviation analysis with T3 smoothing, RoRD reveals hidden market dynamics that single-layer indicators miss entirely.
This isn't just another RSI variant—it's a complete reimagining of how we measure and visualize momentum dynamics. Where traditional RSI shows momentum, RoRD shows momentum's rate of change . Where others show static overbought/oversold levels, RoRD reveals statistically significant deviations unique to each market's character.
Theoretical Foundation - The Mathematics of Momentum Acceleration
1. RSI² (RSI of RSI) - The Core Innovation
Traditional RSI measures price momentum. RoRD goes deeper:
Primary RSI (RSI₁) : Standard RSI calculation on price
Secondary RSI (RSI²) : RSI calculated on RSI₁ values
This creates a "momentum of momentum" indicator that leads price action
Mathematical Expression:
RSI₁ = 100 - (100 / (1 + RS₁))
RSI² = 100 - (100 / (1 + RS₂))
Where RS₂ = Average Gain of RSI₁ / Average Loss of RSI₁
2. T3 Smoothing - Lag-Free Response
The T3 Moving Average, developed by Tim Tillson, provides:
Superior smoothing with minimal lag
Adaptive response through volume factor (vFactor)
Noise reduction while preserving signal integrity
T3 Formula:
T3 = c1×e6 + c2×e5 + c3×e4 + c4×e3
Where e1...e6 are cascaded EMAs and c1...c4 are volume-factor-based coefficients
3. Statistical Z-Score Deviation
RoRD employs dual-layer Z-score normalization :
Initial Z-Score : (RSI² - SMA) / StDev
Final Z-Score : Z-score of the Z-score for refined extremity detection
This identifies statistically rare events relative to recent market behavior
4. Multi-Timeframe Confluence
Compares current timeframe Z-score with higher timeframe (HTF)
Provides directional confirmation across time horizons
Filters false signals through timeframe alignment
Why RoRD is Different & More Sophisticated
Beyond Traditional Indicators:
Acceleration vs. Velocity : While RSI measures momentum (velocity), RoRD measures momentum's rate of change (acceleration)
Adaptive Thresholds : Z-score analysis adapts to market conditions rather than using fixed 70/30 levels
Statistical Significance : Signals are based on mathematical rarity, not arbitrary levels
Leading Indicator : RSI² often turns before price, providing earlier signals
Reduced Whipsaws : T3 smoothing eliminates noise while maintaining responsiveness
Unique Signal Generation:
Quantum Orbs : Multi-layered visual signals for statistically extreme events
Divergence Detection : Automated identification of price/momentum divergences
Regime Backgrounds : Visual market state classification (Bullish/Bearish/Neutral)
Particle Effects : Dynamic visualization of momentum energy
Visual Design & Interpretation Guide
Color Coding System:
Yellow (#e1ff00) : Neutral/balanced momentum state
Red (#ff0000) : Overbought/extreme bullish acceleration
Green (#2fff00) : Oversold/extreme bearish acceleration
Orange : Z-score visualization
Blue : HTF Z-score comparison
Main Visual Elements:
RSI² Line with Glow Effect
Multi-layer glow creates depth and emphasis
Color dynamically shifts based on momentum state
Line thickness indicates signal strength
Quantum Signal Orbs
Green Orbs Below : Statistically rare oversold conditions
Red Orbs Above : Statistically rare overbought conditions
Multiple layers indicate signal strength
Only appear at Z-score extremes for high-conviction signals
Divergence Markers
Green Circles : Bullish divergence detected
Red Circles : Bearish divergence detected
Plotted at pivot points for precision
Background Regimes
Green Background : Bullish momentum regime
Grey Background : Bearish momentum regime
Blue Background : Neutral/transitioning regime
Particle Effects
Density indicates momentum energy
Color matches current RSI² state
Provides dynamic market "feel"
Dashboard Metrics - Deep Dive
RSI² ANALYSIS Section:
RSI² Value (0-100)
Current smoothed RSI of RSI reading
>70 : Strong bullish acceleration
<30 : Strong bearish acceleration
~50 : Neutral momentum state
RSI¹ Value
Traditional RSI for reference
Compare with RSI² for acceleration/deceleration insights
Z-Score Status
🔥 EXTREME HIGH : Z > threshold, statistically rare bullish
❄️ EXTREME LOW : Z < threshold, statistically rare bearish
📈 HIGH/📉 LOW : Elevated but not extreme
➡️ NEUTRAL : Normal statistical range
MOMENTUM Section:
Velocity Indicator
▲▲▲ : Strong positive acceleration
▼▼▼ : Strong negative acceleration
Shows rate of change in RSI²
Strength Bar
██████░░░░ : Visual power gauge
Filled bars indicate momentum strength
Based on deviation from center line
SIGNALS Section:
Divergence Status
🟢 BULLISH DIV : Price making lows, RSI² making highs
🔴 BEARISH DIV : Price making highs, RSI² making lows
⚪ NO DIVERGENCE : No divergence detected
HTF Comparison
🔥 HTF EXTREME : Higher timeframe confirms extremity
📊 HTF NORMAL : Higher timeframe is neutral
Critical for multi-timeframe confirmation
Trading Application & Strategy
Signal Hierarchy (Highest to Lowest Priority):
Quantum Orb + HTF Alignment + Divergence
Highest conviction reversal signal
Z-score extreme + timeframe confluence + divergence
Quantum Orb + HTF Alignment
Strong reversal signal
Wait for price confirmation
Divergence + Regime Change
Medium-term reversal signal
Monitor for orb confirmation
Threshold Crosses
Traditional overbought/oversold
Use as alert, not entry
Entry Strategies:
For Reversals:
Wait for Quantum Orb signal
Confirm with HTF Z-score direction
Enter on price structure break
Stop beyond recent extreme
For Continuations:
Trade with regime background color
Use RSI² pullbacks to center line
Avoid signals against HTF trend
For Scalping:
Focus on Z-score extremes
Quick entries on orb signals
Exit at center line cross
Risk Management:
Reduce position size when signals conflict with HTF
Avoid trades during regime transitions (blue background)
Tighten stops after divergence completion
Scale out at statistical mean reversion
Development & Uniqueness
RoRD represents months of research into momentum dynamics and statistical analysis. Unlike indicators that simply combine existing tools, RoRD introduces several genuine innovations :
True RSI² Implementation : Not a smoothed RSI, but actual RSI calculated on RSI values
Dual Z-Score Normalization : Unique approach to finding statistical extremes
T3 Integration : First RSI² implementation with T3 smoothing for optimal lag reduction
Quantum Orb Visualization : Revolutionary signal display method
Dynamic Regime Detection : Automatic market state classification
Statistical Adaptability : Thresholds adapt to market volatility
This indicator was built from first principles, with each component carefully selected for its mathematical properties and practical trading utility. The result is a professional-grade tool that provides insights unavailable through traditional momentum analysis.
Best Practices & Tips
Start with default settings - they're optimized for most markets
Always check HTF alignment before taking signals
Use divergences as early warning , orbs as confirmation
Respect regime backgrounds - trade with them, not against
Combine with price action - RoRD shows when, price shows where
Adjust Z-score thresholds based on market volatility
Monitor dashboard metrics for complete market context
Conclusion
RoRD isn't just another indicator—it's a complete momentum analysis system that reveals market dynamics invisible to traditional tools. By combining momentum acceleration, statistical analysis, and multi-timeframe confluence with intuitive visualization, RoRD provides traders with a sophisticated edge in any market condition.
Whether you're scalping rapid reversals or positioning for major trend changes, RoRD's unique approach to momentum analysis will transform how you see and trade market dynamics.
See momentum's future. Trade with statistical edge.
Trade with insight. Trade with anticipation.
— Dskyz, for DAFE Trading Systems
[TupTrader] Multi-Timeframe Key Levels | Smart Candle Zones
**Multi-Timeframe Key Levels | Smart Candle Zones**
Unlock the power of smart price levels with Multi-Timeframe Key Levels – a precision tool for traders who rely on higher timeframe structure.
🧠 This indicator automatically plots the key levels (Open, High, Low, Close) and optional body/fibonacci levels of the *previous candle* from two customizable higher timeframes, directly onto your lower timeframe chart.
💡 Recommended settings:
- 4H + Daily on 5-Minute Chart
- 8H + 1H on 1-Minute Chart
📈 Ideal for:
- Scalping around structure levels
- Day trading with HTF context
- Confirmation of breakout, retest, or rejection patterns
✅ Features:
- Dual reference timeframes
- Auto-adjusting line lengths
- Live price labels (e.g. H: 4321.50)
- Choice between body or Fibonacci zones
- Candle box visualization of HTF structure
🚨 Alerts:
- Alert when price touches any HTF key level
Lightweight and customizable, this tool is a must-have for intraday and structure-based traders.
MTF Pivot Fib Speed Resistance FansOverview
This Pine Script indicator, titled "MTF Pivot Fib Speed Resistance Fans", is a multi-timeframe tool that automatically plots Fib Speed Resistance Fan lines based on pivot structures derived from higher timeframes. It mirrors the functionality of TradingView’s built-in “Fib Speed Resistance Fan” drawing tool, but in a dynamic, programmatic way. It uses pivot highs and lows to anchor fan projections, drawing forward-facing trend lines that align with well-known Fibonacci ratios and their extensions.
Pivot Detection Logic
The script identifies pivots by comparing the current bar’s high and low against the highest and lowest prices over a user-defined pivot period. This pivot detection occurs on a higher timeframe of your choice, giving a broader and more strategic view of price structure. The script tracks direction changes in the pivot trend and stores only the most recent few pivots to maintain clean and meaningful fan drawings.
Fan Direction Control
The user can select whether to draw fans for "Buys", "Sells", or "Both". The script only draws fan lines when a new directional move is detected based on the pivot structure and the selected bias. For example, in “Buys” mode, a rising pivot followed by another higher low will trigger upward fan projections.
Fib Speed Resistance Levels
Once two pivots are identified, the script draws multiple fan lines from the first pivot outward, at angles defined by a preset list of Fibonacci levels. These fan lines help visualize speed and strength of a price move.
The script also draws a horizontal line from the pivot for additional confluence at the base level (1.0).
Price Level Plotting
In addition to drawing fan lines, the indicator also plots their price levels on the right-hand price scale. This makes it easier for users to visually reference the projected support and resistance levels without needing to trace the lines manually across the chart.
Mapping to TradingView’s "Fib Speed Resistance Fan"
The expanded set of values used in this script is not arbitrary—they closely align with the default and extended levels available in TradingView's built-in "Fib Speed Resistance Fan" tool.
TradingView’s Fib Fan tool offers several levels by default, including traditional Fibonacci ratios like 0.382, 0.5, 0.618, and 1. However, if you right-click the tool and open its settings, you’ll find additional toggles for levels like 1.618, 2.000, 2.618, and even 4.000. These deeper levels are used to project stronger trend continuations beyond the standard retracement zones.
The inclusion of levels such as 0.25, 0.75, and 1.34 reflects configurations that are available when you manually add or customize levels in TradingView’s fan tool. While 1.34 is not a canonical Fibonacci ratio, it is often found in hybrid Gann/Fib methods and is included in some preset templates in TradingView’s drawing tool for advanced users.
By incorporating these levels directly into the Pine Script, the indicator faithfully reproduces the fan structure users would manually draw using TradingView’s graphical Fib Fan tool—but does so programmatically, dynamically, and with multi-timeframe control. This eliminates manual errors, allows for responsive updating, and adds custom visual tracking via the price scale.
These values are standardized within the context of TradingView's Fib Fan tool and not made up. This script automates what the manual drawing tool achieves, with added precision and flexibility.
