Multi Ranges Volume Distribution [LuxAlgo]The Multi Ranges Volume Distribution tool allows traders to see the volume distribution by price for three different timeframes simultaneously. Each distribution can report the total amount of accumulated volume or the accumulated buy/sell volume separately.
Levels are displayed at the top and bottom of each timeframe's range, as well as the POC or level with the most volume.
🔶 USAGE
By default, the tool displays daily, weekly, and monthly volume distributions, highlighting the accumulated volume within each row.
Each distribution shows the volume at each price, as well as three lines: the top and bottom prices, and the price at which the most volume was traded.
The reported accumulated volume can be useful for highlighting which price areas are of the most interest to traders, with the specific timeframe specifying whether this interest is long-term or short-term.
🔹 Timeframes & Rows
Traders can adjust the timeframe and the number of rows for each volume distribution.
This is useful for multi-timeframe analysis of volume at the same price levels, or for obtaining detailed data within the same timeframe.
The chart above shows three volume distributions with the same monthly timeframe but a different number of rows; each is more detailed than the previous one.
🔹 Total vs Buy & Sell Volume
Traders can choose to display either the total volume or the buy and sell volumes.
As we can see on the above chart, the background of each row uses a gradient that is a function of the delta between the buy and sell volumes.
This is useful to determine which areas attract buyers and sellers.
🔶 SETTINGS
Volume Display: Select between total volume and buy and sell volume.
Distance between each box: Adjust the spacing of the volume distributions.
Period A: Select a timeframe and the number of rows.
Period B: Select a timeframe and the number of rows.
Period C: Select a timeframe and the number of rows.
Penunjuk dan strategi
Advanced Range Theory - ART📊 Advanced Range Theory (ART): The Institutional Blueprint
Stop drawing lines. Start reading the blueprint of the market. Advanced Range Theory (ART) is not another support and resistance indicator; it is a military-grade market structure engine designed to decode the language of institutional capital. It operates on a single, powerful premise: markets move in phases of consolidation and expansion, and the key to anticipation lies in understanding the complete lifecycle of these phases.
ART provides a living, breathing map of the battlefield, identifying institutional accumulation zones and tracking them with unparalleled precision from their inception as "Pending" ranges to their ultimate classification after a breakout. This is your X-ray into the market's skeletal structure.
🔬 THEORETICAL FRAMEWORK: THE ARCHITECTURE OF PRICE ACTION
ART is built on a multi-layered system of logic that moves beyond static levels. It treats ranges as dynamic entities with a narrative—a beginning, a middle, and an end. The core of the system is the dynamic classification engine, which analyzes not just the range, but the character of the price action that resolves it.
1. The Range Lifecycle: From Accumulation to Classification
This is the revolutionary heart of ART. A range's true identity is only revealed by how it is broken.
Phase 1: PENDING (Yellow): A new range is identified based on a period of price consolidation (a "parent" candle followed by a minimum number of "inside" candles). At this stage, it is a neutral zone of potential energy—an area where institutions are likely building positions. It is a question the market has not yet answered.
Phase 2: MITIGATION & CLASSIFICATION: When price breaks out and reaches a calculated extension level, the range is considered "mitigated." At this exact moment, ART analyzes the breakout's DNA to classify the range's true intent:
TYPE 1 - BREAKOUT (Blue): Characterized by a strong, impulsive move with confirming volume. This is a high-conviction breakout, signaling aggressive institutional participation and the likely start of a new trend. It is a statement of intent.
TYPE 2 - REVERSAL (Orange): Occurs when price attempts to break one way but is aggressively rejected, reversing and breaking out the other side. This signals absorption and a "failed auction," often marking significant market turning points.
TYPE 3 - PIVOT (Green): A more balanced breakout, lacking the explosive momentum of a Type 1. This often represents a resolution after a period of indecision or a pivot within a larger trading range.
2. The Hierarchical Map: Source & S/R Levels
ART doesn't just draw boxes; it builds a genealogical map of market structure.
SOURCE LEVEL (Thick Gold Line): This is the "genesis" point—the most recently mitigated range. It acts as the primary point of origin for the current market swing and serves as a critical level for determining overall bias. Price action above the Source is generally bullish; below is bearish.
S/R LEVELS (Cyan Lines): When a range is mitigated, the price level where it broke becomes a key Support/Resistance zone for the future. ART tracks the two most recent S/R levels, as these often act as powerful magnets or rejection points for price.
3. The Multi-Factor Validation Engine
To eliminate noise and focus only on institutionally significant ranges, every potential range must pass a rigorous quality control check:
Time-Based Consolidation: Requires a minimum number of consecutive inside candles (minInsideCandles), ensuring a true period of balance.
Volatility-Based Significance: The range's size must be greater than a multiple of the Average True Range (minRangeSize), filtering out insignificant micro-consolidations.
Participation Confirmation: The parent candle of the range is checked against average volume to ensure there was meaningful activity during its formation.
⚙️ THE COMMAND CONSOLE: CONFIGURING YOUR ART ENGINE
Every input is designed to give you granular control over the detection engine, allowing you to tune ART to any market or timeframe with precision. Each tooltip in the script provides a deep dive, but here is a summary of the core controls.
🎯 ART Detection Engine
Minimum Inside Candles: The soul of the detection algorithm. It defines the minimum number of bars that must be contained within a single "parent" candle to qualify as a range. Higher values (3-4) find major, significant consolidation zones. Lower values (1-2) are more sensitive and will identify shorter-term accumulation patterns.
Extension Multiplier & Fibonacci Extension: These control the profit target projections. The Extension Multiplier uses a simple measured move (e.g., 1.0 = a 1:1 projection of the range's height). The Fibonacci Extension uses the golden ratio (1.618) for harmonically-derived targets.
Mitigation Method (Cross vs. Close): Determines how a breakout is confirmed. Cross is more responsive, triggering as soon as price touches the extension. Close is more conservative, requiring a full candle to close beyond the level, which helps filter out fake-outs from wicks.
Min Range Size (ATR): A crucial noise filter. It ensures that ART ignores tiny, insignificant ranges by requiring a range's height to be a certain multiple of the current market volatility (ATR).
📊 Display & Visual Configuration
These settings give you full control over the visual interface. You can toggle every single element—from the Webb Scanner to the S/R Levels—to create a clean or a comprehensive view. Choose a color theme that suits your charting environment or define a fully custom palette.
🕸️ Webb Analysis Scanner
This is a unique real-time flow analysis tool. It draws dynamic, animated lines from the current price to recent historical points. This visualization helps reveal hidden "tendrils" of momentum and short-term support/resistance that are not immediately obvious, acting as a "sonar" for immediate price flow.
📊 THE ANALYTICS HUB: YOUR DASHBOARD DECODED
The dashboard provides a real-time, at-a-glance intelligence briefing on the current state of market structure as seen by the ART engine.
RANGE METRICS: This section is a "census" of the market's structure. It tells you the total number of ranges identified, how many are still Pending (awaiting a breakout), how many are Unmitigated (active but not yet broken), and how many have been Mitigated (classified and complete).
TYPE BREAKDOWN: This is a powerful gauge of market character. A high count of Type 1 (Breakout) ranges suggests a strong, trending environment. A rising number of Type 2 (Reversal) ranges can signal market exhaustion and potential trend changes. A dominant Type 3 (Pivot) count indicates a balanced, rotational market.
KEY GUIDE: The Large dashboard includes a full legend, so you never have to guess what a line or color represents. It's your built-in user manual.
🎨 DECODING THE BLUEPRINT: A VISUAL INTERPRETATION GUIDE
Every line and color in ART is designed for instant, intuitive understanding.
The Range Lines:
Yellow Lines: A Pending range. This is an active zone of accumulation. Pay close attention.
Colored Lines (Blue/Orange/Green): An unmitigated, classified range. The color tells you its breakout character.
Dotted Lines: A Mitigated range. Its story has been told. These historical levels can still act as support or resistance.
The Identification Zones: These colored boxes appear at a range's origin point after it has been classified. They are the "birth certificate" of the range, permanently marking its type (Breakout, Reversal, or Pivot) and providing an immediate visual history of market behavior.
The Hierarchical Lines:
Thick Gold Line (Source): The most important line on your chart. It is the anchor for your bias.
Cyan Lines (S/R): High-probability decision points. Expect reactions here.
Purple Dotted Lines (Extensions): Logical, calculated profit targets for breaking ranges.
🔧 THE ARCHITECT'S VISION: THE DEVELOPMENT JOURNEY
ART was born from a deep frustration with the static and subjective nature of traditional market structure analysis. Drawing lines by hand is inconsistent, and most indicators are reactive, only confirming what has already happened. The goal was to create a proactive, objective, and dynamic framework that could think about the market in terms of phases and lifecycles.
The breakthrough came from a simple shift in perspective: a range's true character isn't defined when it forms, but by how it resolves. This led to the development of the "post-breakout classification engine," which waits for the market to show its hand before assigning a definitive type. The Webb Scanner was inspired by the desire to visualize the unseen, to create a tool that could feel the immediate "pull" and "push" of price flow. The result is not just an indicator; it is a new language for interpreting price action, built on a foundation of logic, clarity, and precision.
⚠️ RISK DISCLAIMER & BEST PRACTICES
Advanced Range Theory is a professional-grade analytical tool designed to enhance a trader's decision-making process. It does not provide direct buy or sell signals. The levels and classifications it generates are based on historical price action and mathematical probabilities. All trading involves substantial risk, and past performance is not indicative of future results. Always use this tool in conjunction with a robust risk management plan.
"I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times."
— Dskyz, Trade with insight. Trade with anticipation.
— Bruce Lee
Sylvain Zig-Zag [Mark804]> Overview:
The Sylvain Zig-Zag is a premium trend-tracking and structural turning-point indicator designed to identify precise market reversals, swing points, and support/resistance zones using a dynamic ATR-based Zig-Zag logic.
> Key Features:
Dynamic Zig-Zag Algorithm powered by ATR, percentage moves, absolute and tick-based reversal logic.
Support & Resistance Zones auto-drawn from key swing points for real-time structural mapping.
New Trend & Continuation Icons highlight trend shifts and extended moves with visual clarity.
Customizable Colors & Line Widths to match your chart’s style or branding.
Live Bar Coloring based on bullish or bearish trend structure.
Highly Configurable: Adjust ATR period, reversal %, tick distance, absolute threshold, and more.
> Ideal For:
Swing Traders looking for clean structural highs/lows
Smart Money Concept (SMC) practitioners
Price Action traders
Support/Resistance zone mappers
Those who value premium visuals and minimal clutter
> How It Works: This Zig-Zag engine calculates new swing highs or lows using a hybrid logic combining:
ATR-based price movement filter
Reversal percentage confirmation
Optional absolute price or tick-based padding
It plots each pivot, draws connecting lines, and generates real-time support/resistance levels based on recent pivots.
> Visual Enhancements:
Multi-layer polylines for deep contrast and style
Optional trend labels (e.g., "Up Trend", "Down Trend")
Transparent multi-line S/R stacking
Real-time continuation icons for ongoing strength
> Note:
This indicator is Pine Script v5 compatible and follows TradingView's latest visual architecture. Publishing-ready. Fully customizable
Trend Breakout Description:
This Pine Script indicator identifies pivot high and pivot low points based on user-defined left and right candle legs, detecting breakouts to signal potential trend changes. It plots horizontal lines at pivot highs (lime) and pivot lows (red), marking breakout signals with labels ("Br") when the price crosses above a pivot high or below a pivot low. The indicator also changes the background color to reflect the trend (green for uptrend, red for downtrend) with adjustable transparency. The indicator primarily focuses on recognizing specific pivot patterns to define trends and generate trading signals.
How It Works
• Pivot Detection: Identifies pivot highs and lows using configurable left (Left side Pivot Candle) and right (Right side Pivot Candle) periods.
• Pivot Highs (PH): A pivot high is identified when a candle's high is greater than a specified number of preceding candles (left leg) and succeeding candles (right leg).
• Pivot Lows (PL): Similarly, a pivot low is identified when a candle's low is less than a specified number of preceding and succeeding candles.
The script then tracks the last three pivot highs and pivot lows.
Trend Detection and Breakouts
1. High Line (Resistance): When a middle pivot high (out of the three tracked) is higher than both the previous and the next pivot high, a lime green line is drawn from that pivot high. This line acts as a dynamic resistance level.
2. Low Line (Support): Conversely, when a middle pivot low is lower than both the previous and the next pivot low, a red line is drawn from that pivot low. This line acts as a dynamic support level.
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Trading Signals : The indicator generates signals based on price crossing these dynamically drawn lines .
• Long Signal (Uptrend):
o A "Long" signal is triggered when the close price crosses above the current high line (resistance), and the indicator is not already in an uptrend.
o When a long signal occurs, the background turns green, and the high line becomes dotted and thinner. A "Br" (Breakout) label appears below the candle.
• Short Signal (Downtrend):
o A "Short" signal is triggered when the close price crosses below the current low line (support), and the indicator is not already in a downtrend.
o When a short signal occurs, the background turns red, and the low line becomes dotted and thinner. A "Br" (Breakout) label appears above the candle.
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Customizable Settings
The indicator provides three user-adjustable inputs:
• Right Side Pivot Candle (fpivotLeg): This setting (default 10) determines the number of candles to the right that must have lower highs/higher lows for a pivot to be confirmed.
• Left Side Pivot Candle (bpivotLeg): This setting (default 15) determines the number of candles to the left that must have lower highs/higher lows for a pivot to be confirmed.
• Adjust Color Visualization (Colortrnp): This setting (default 85) controls the transparency of the background color changes, allowing you to adjust how prominently the green (uptrend) and red (downtrend) backgrounds are displayed.
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How to Use It
This indicator can be used by traders to:
• Identify potential reversals: The formation of new pivot highs and lows can signal shifts in market direction.
• Spot breakout opportunities: Crossing above the high line or below the low line can indicate the start of a new trend or the continuation of an existing one.
• Confirm trend strength: The presence and extension of the high and low lines can provide visual cues about the prevailing trend.
• Ideal for swing traders or trend-following strategies.
• Use the breakout labels ("Br") and background color to confirm trend direction.
• Adjust pivot leg inputs to fine-tune sensitivity for different timeframes or assets.
• Customize transparency to suit chart readability.
Example:
On a breakout above a pivot high, a green "Br" label appears, the background turns green, and the pivot line becomes dotted. This signals a potential uptrend, helping traders identify entry points or trend confirmations.
Disclaimer: No indicator guarantees profits. Always use this indicator in conjunction with other analysis methods and proper risk management.
Liquidity Swings [Nix]Liquidity Swings Indicator!
It marks recent swing highs and lows on the chart using lines and labels.
Another great feature is that it tracks whether those swing levels are SWEPT (price crosses them again) and either:
Removes swept levels, or
Fades them to indicate they’ve been taken.
You can customize:
Number of swings shown.
Colors, styles, and visibility of lines/labels.
Whether to show highs, lows, or both.
Useful for liquidity analysis.
Usually when these special swings are swept, you can consider moving stops to BE. This is because there should be enough stop losses at the swing points to liquidate others and give more fuel to your trade direction!
Reversal IndicatorWhat does this indicator do?
This indicator is designed to help traders spot potential reversal points in the market by combining multiple conditions:
✅ Multi-Timeframe RSI – Checks RSI on a lower timeframe (like 5m) to see if the market is oversold or overbought.
✅ Higher Timeframe SMA Filter – Uses a higher timeframe SMA (like 1h) as a trend filter, so signals only trigger in the direction of the bigger trend.
✅ Candle Pattern Confirmation – Looks for bullish or bearish engulfing candles to confirm price exhaustion before signaling a reversal.
When all these conditions align, the indicator plots a triangle under/above the candle to highlight a possible reversal.
Why is this useful?
Many traders struggle with false RSI signals or candle patterns that fail because they don’t respect the larger trend.
This indicator filters out weak setups by requiring alignment between:
A lower timeframe RSI oversold/overbought condition,
A higher timeframe trend filter (SMA),
And a strong candle reversal pattern.
This multi-layer approach helps avoid chasing every RSI dip and focuses only on high-probability reversal zones.
How does it work?
Bullish reversal signal → appears when RSI on the lower TF is oversold, price is still above the higher TF SMA (trend still intact), AND a bullish engulfing candle forms.
Bearish reversal signal → appears when RSI on the lower TF is overbought, price is below the higher TF SMA, AND a bearish engulfing candle forms.
When all conditions match, the indicator plots a triangle under the candle for bullish signals and above the candle for bearish signals.
How to use it?
Choose your timeframes:
A timeframe for trend filtering (e.g. 1h).
A timeframe for RSI (e.g. 4h).
NOTICE: THE RSI TIMEFRAME SHOULD BE GREATER THEN THE TIMEFRAME FOR THE SMA
Otherwise it will not generate that much signals.
Watch for signals ONLY in the direction of the higher trend.
Use the signals as potential reversal points, not as guaranteed entries. Combine with your own confluence.
Optionally set alerts for bullish or bearish reversal conditions so you never miss a setup.
Customization
✅ Choose your RSI length & overbought/oversold levels.
✅ Select which timeframes you want for SMA & RSI.
✅ Toggle the higher TF SMA display on/off.
✅ Adjust signal appearance (triangles).
Important Notes
⚠️ This is not a standalone trading system. It’s a tool to help spot possible reversal areas. Always confirm with price action, support/resistance, or your own strategy
SOL Technical Confluence DashboardHow to Use This Confluence Dashboard
Setup Instructions:
Use the other script published as the 1 of 2 scripts to add to your 4-hour SOL chart.
What You'll See:
1. RSI Panel with Enhancements
Colored RSI line (Green = oversold, Red = overbought)
Divergence detection (triangles mark divergences)
Background color changes on strong signals
2. Confluence Table (Top Right)
Shows real-time status of:
RSI: Current value and signal
MACD: Trend direction
Volume: Spike detection and relative volume
Divergence: Bull/Bear divergence alerts
Confluence Scores: 0-10 scale for bull/bear strength
Overall Signal: STRONG BUY/SELL, BUY/SELL, or WAIT
3. Net Confluence Histogram (Bottom)
Green bars = Bullish confluence
Red bars = Bearish confluence
Height = Strength of signal
How It Works with Elliott Waves:
Scenario 1: Wave 5 Top Detection
Elliott Wave shows Wave 5 approaching 261.8%
Confluence Dashboard shows:
RSI: 78 (overbought) ❌
MACD: Bearish cross ❌
Volume: Declining ❌
Divergence: Bearish ❌
Signal: STRONG SELL 🔴
Scenario 2: Wave 2 Bottom
Elliott Wave shows Wave 2 at 61.8% retracement
Confluence Dashboard shows:
RSI: 28 (oversold) ✅
MACD: Bullish cross ✅
Volume: Spike ✅
Divergence: Bullish ✅
Signal: STRONG BUY 🟢
Confluence Scoring System:
The script uses a weighted scoring system:
Divergences: 3 points (most reliable)
RSI extremes: 2 points
Volume spikes: 2 points
MACD signals: 1.5 points
Price action: 1 point
Signals:
Score ≥ 5 = STRONG signal
Score ≥ 3 = Moderate signal
Score < 3 = WAIT
Pro Tips for Maximum Accuracy:
Best Setups: When Elliott Wave completion aligns with STRONG signals
Avoid: Taking trades when confluence is mixed
Volume Confirmation: Always check if volume supports the move
Divergence Priority: RSI divergence at wave endpoints is highly reliable
Alerts Available:
Strong Bullish Confluence
Strong Bearish Confluence
Bullish Divergence
Bearish Divergence
This gives you a complete technical analysis suite that works seamlessly with your Elliott Wave indicator. The combination significantly improves accuracy by confirming wave counts with momentum, volume, and divergence analysis!
Premium Fibonacci Buy/Sell [MasoodPro]OVERVIEW
This script plots Fibonacci Entry Bands, a trend-following and mean-reversion hybrid system built around dynamic volatility-adjusted bands scaled using key Fibonacci levels. It calculates a smoothed basis line and overlays multiple bands at fixed Fibonacci multipliers of either ATR or standard deviation. Depending on the trend direction, specific upper or lower bands become active, offering a clear framework for entry timing, trend identification, and profit-taking zones.
CONCEPTS
The core idea is to use Fibonacci levels—0.618, 1.0, 1.618, and 2.618—as multipliers on a volatility measure to form layered price bands around a trend-following moving average. Trends are defined by whether the basis is rising or falling. The trend determines which side of the bands is emphasized: upper bands for downtrends, lower bands for uptrends. This approach captures both directional bias and extreme price extensions. Take-profit logic is built in via crossovers relative to the outermost bands, scaled by user-selected aggressiveness.
FEATURES
Basis Line – A double EMA smoothing of the source defines trend direction and acts as the central mean.
snapshot
Volatility Bands – Four levels per side (based on selected ATR or stdev) mark the Fibonacci bands. These become visible only when trend direction matches the side (e.g., only lower bands plot in an uptrend).
snapshot
Bar Coloring – Bars are shaded with adjustable transparency depending on distance from the basis, with color intensity helping gauge overextension.
snapshot
Entry Arrows – A trend shift triggers either a long or short signal, with a marker at the outermost band with ▲/▼ signs.
snapshot
Take-Profit Crosses – If price rejects near the outer band (based on aggressiveness setting), a cross appears marking potential profit-taking.
snapshot
Bounce Signals – Minor pullbacks that respect the basis line are marked with triangle arrows, hinting at continuation setups.
snapshot
Customization – Users can toggle bar coloring, signal markers, and select between ATR/stdev as well as take-profit aggressiveness.
Alerts – All major signals, including entries, take-profits, and bounces, are available as alert conditions.
Fractal Pullback Market StructureFractal Pullback Market Structure
Author: The_Forex_Steward
License: Mozilla Public License 2.0
The Fractal Pullback Market Structure indicator is a sophisticated price action tool designed to visualize internal structure shifts and break-of-structure (BoS) events with high accuracy. It leverages fractal pullback logic to identify market swing points and confirm whether a directional change has occurred.
This indicator detects swing highs and lows based on fractal behavior, drawing zigzag lines to connect these key pivot points. It classifies and labels each structural point as either a Higher High (HH), Higher Low (HL), Lower High (LH), or Lower Low (LL). Internal shifts are marked using triangle symbols on the chart, distinguishing bullish from bearish developments.
Break of Structure events are confirmed when price closes beyond the most recent swing high or low, and a horizontal line is drawn at the breakout level. This helps traders validate when a structural trend change is underway.
Users can configure the lookback period that defines the sensitivity of the pullback detection, as well as a timeframe multiplier to align the logic with higher timeframes such as 4H or Daily. There are visual customization settings for the zigzag lines and BoS markers, including color, width, and style (solid, dotted, or dashed).
Alerts are available for each key structural label—HH, HL, LH, LL—as well as for BoS events. These alerts are filtered through a selectable alert mode that separates signals by timeframe category: Low Timeframe (LTF), Medium Timeframe (MTF), and High Timeframe (HTF). Each mode allows the user to receive alerts only when relevant to their strategy.
This indicator excels in trend confirmation and reversal detection. Traders can use it to identify developing structure, validate internal shifts, and anticipate breakout continuation or rejection. It is particularly useful for Smart Money Concept (SMC) traders, swing traders, and those looking to refine entries and exits based on price structure rather than lagging indicators.
Visual clarity, adaptable timeframe logic, and precise structural event detection make this tool a valuable addition to any price action trader’s toolkit.
TrendZoneTrendZone - Fibonacci Trendline Indicator
TrendZone is a custom Pine Script indicator that automatically draws fibonacci-based trendlines between key pivot points on your chart.
Key Features:
3 Pivot Points: Set start point, major pivot (reversal), and end point
Dual Trendlines: First trendline (Point 1 → 2) and second trendline (Point 2 → 3)
Fibonacci Levels: Automatically draws 25%, 50%, and 100% fibonacci levels for each trendline
Auto Trend Detection: Automatically identifies bullish/bearish trends and adjusts colors accordingly
Customizable: Full control over colors, line styles, and widths for each fibonacci level
How it Works:
The indicator uses your selected pivot points to create two connected trendline systems. Point 2 serves as the major pivot where the first trend ends and the reversal begins. Each trendline system includes fibonacci retracement levels that extend to the right, helping identify potential support/resistance zones.
Use Cases:
Identifying trend reversals at key pivot points
Finding potential support/resistance levels using fibonacci projections
Visualizing market structure changes between different time periods
Planning entries/exits based on fibonacci trendline interactions
Perfect for traders who use fibonacci analysis combined with trend structure to identify high-probability trading zones.
Universal Renko Bars by SiddWolfUniversal Renko Bars or UniRenko Bars is an overlay indicator that applies the logic of Renko charting directly onto a standard candlestick chart. It generates a sequence of price-driven bricks, where each new brick is formed only when the price moves a specific amount, regardless of time. This provides a clean, price-action-focused visualization of the market's trend.
WHAT IS UNIVERSAL RENKO BARS?
For years, traders have faced a stark choice: the clean, noise-free world of Renko charts, or the rich, time-based context of Candlesticks. Choosing Renko meant giving up your favorite moving averages, volume profiles, and the fundamental sense of time. Choosing Candlesticks meant enduring the market noise that often clouds true price action.
But what if you didn't have to choose?
Universal Renko Bars is a revolutionary indicator that ends this dilemma. It's not just another charting tool; it's a powerful synthesis that overlays the pure, price-driven logic of Renko bricks directly onto your standard candlestick chart. This hybrid approach gives you the best of both worlds:
❖ The Clarity of Renko: By filtering out the insignificant noise of time, Universal Renko reveals the underlying trend with unparalleled clarity. Up trends are clean successions of green bricks; down trends are clear red bricks. No more guesswork.
❖ The Context of Candlesticks: Because the Renko logic is an overlay, you retain your time axis, your volume data, and full compatibility with every other time-based indicator in your arsenal (RSI, MACD, Moving Averages, etc.).
The true magic, however, lies in its live, Unconfirmed Renko brick. This semi-transparent box is your window into the current bar's real-time struggle. It grows, shrinks, and changes color with every tick, showing you exactly how close the price is to confirming the trend or forcing a reversal. It’s no longer a lagging indicator; it’s a live look at the current battle between buyers and sellers.
Universal Renko Bars unifies these two powerful charting methods, transforming your chart into a more intelligent, noise-free, and predictive analytical canvas.
HOW TO USE
To get the most out of Universal Renko Bars, here are a few tips and a full breakdown of the settings.
Initial Setup for the Best Experience
For the cleanest possible view, it's highly recommended that you hide the body of your standard candlesticks, that shows only the skelton of the candle. This allows the Renko bricks to become the primary focus of your chart.
→ Double click on the candles and uncheck the body checkbox.
Settings Breakdown
The indicator is designed to be powerful yet intuitive. The settings are grouped to make customization easy.
First, What is a "Tick"?
Before we dive in, it's important to understand the concept of a "Tick." In Universal Renko, a Tick is not the same as a market tick. It's a fundamental unit of price movement that you define. For example, if you set the Tick Size to $0.50, then a price move of $1.00 is equal to 2 Ticks. This is the core building block for all Renko bricks. Tick size here is dynamically determined by the settings provided in the indicator.
❖ Calculation Method (The "Tick Size" Engine)
This section determines the monetary value of a single "Tick."
`Calculation Method` : Choose your preferred engine for defining the Tick Size.
`ATR Based` (Default): The Tick Size becomes dynamic, based on market volatility (Average True Range). Bricks will get larger in volatile markets and smaller in quiet ones. Use the `ATR 14 Multiplier` to control the sensitivity.
`Percentage` : The Tick Size is a simple percentage of the current asset price, controlled by the `Percent Size (%)` input.
`Auto` : The "set it and forget it" mode. The script intelligently calculates a Tick Size based on the asset's price. Use the `Auto Sensitivity` slider to make these automatically calculated bricks thicker (value > 1.0) or thinner (value < 1.0).
❖ Parameters (The Core Renko Engine)
This group controls how the bricks are constructed based on the Tick Size.
`Tick Trend` : The number of "Ticks" the price must move in the same direction to print a new continuation brick. A smaller value means bricks form more easily.
`Tick Reversal` : The number of "Ticks" the price must move in the opposite direction to print a new reversal brick. This is typically set higher than `Tick Trend` (e.g., double) to filter out minor pullbacks and market noise.
`Open Offset` : Controls the visual overlap of the bricks. A value of `0` creates gapless bricks that start where the last one ended. A value of `2` (with a `Tick Reversal` of 4) creates the classic 50% overlap look.
❖ Visuals (Controlling What You See)
This is where you tailor the chart to your visual preference.
`Show Confirmed Renko` : Toggles the solid-colored, historical bricks. These are finalized and will never change. They represent the confirmed past trend.
`Show Unconfirmed Renko` : This is the most powerful visual feature. It toggles the live, semi-transparent box that represents the developing brick. It shows you exactly where the price is right now in relation to the levels needed to form the next brick.
`Show Max/Min Levels` : Toggles the horizontal "finish lines" on your chart. The green line is the price target for a bullish brick, and the red line is the target for a bearish brick. These are excellent for spotting breakouts.
`Show Info Label` : Toggles the on-chart label that provides key real-time stats:
🧱 Bricks: The total count of confirmed bricks.
⏳ Live: How many chart bars the current live brick has been forming. These bars forms the Renko bricks that aren't confirmed yet. Live = 0 means the latest renko brick is confirmed.
🌲 Tick Size: The current calculated value of a single Tick.
Hover over the label for a tooltip with live RSI(14), MFI(14), and CCI(20) data for additional confirmation.
TRADING STRATEGIES & IDEAS
Universal Renko Bars isn't just a visual tool; it's a foundation for building robust trading strategies.
Trend Confirmation: The primary use is to instantly identify the trend. A series of green bricks indicates a strong uptrend; a series of red bricks indicates a strong downtrend. Use this to filter out trades that go against the primary momentum.
Reversal Spotting: Pay close attention to the Unconfirmed Brick . When a strong trend is in place and the live brick starts to fight against it—changing color and growing larger—it can be an early warning that a reversal is imminent. Wait for the brick to be confirmed for a higher probability entry.
Breakout Trading: The `Max/Min Levels` are your dynamic breakout zones. A long entry can be considered when the price breaks and closes above the green Max Level, confirming a new bullish brick. A short entry can be taken when price breaks below the red Min Level.
Confluence & Indicator Synergy: This is where Universal Renko truly shines. Overlay a moving average (e.g., 20 EMA). Only take long trades when the green bricks are forming above the EMA. Combine it with RSI or MACD; a bearish reversal brick forming while the RSI shows bearish divergence is a very powerful signal.
A FINAL WORD
Universal Renko Bars was designed to solve a fundamental problem in technical analysis. It brings together the best elements of two powerful methodologies to give you a clearer, more actionable view of the market. By filtering noise while retaining context, it empowers you to make decisions with greater confidence.
Add Universal Renko Bars to your chart today and elevate your analysis. We welcome your feedback and suggestions for future updates!
Follow me to get notified when I publish New Indicator.
~ SiddWolf
Buy & Sell Arrows with Candle Line [mark804]The TrendZone FVG Suite is a premium trading toolkit that combines three powerful strategies into one clean and professional display. Designed for clarity and precision, this indicator helps traders make confident entries and exits across any market or timeframe.
1. Detects precise Buy & Sell zones using dual Moving Average crossover logic.
2. Multi-timeframe support gives more accurate trend confirmation.
3. Automatically highlights Bullish & Bearish Fair Value Gaps (FVGs).
4. Plots Support and Resistance zones using smart swing logic.
5. Displays clean Buy/Sell arrows with vertical candle lines for clarity.
6. Fully customizable — MA types, timeframes, visibility toggles.
7. Color-coded zones and labels give visual confirmation of structure.
8. Built-in alerts for trend shifts — great for real-time or automation use.
SNIPERKILLS NQ JULY 16 2025, GAMEPLAN📅 NQ Trade Plan: July 16, 2025
Previous Day Stats (July 15):
Open: 23036.50
High: 23222.75
Low: 22996.25
Close: 23056.75
📈 Bullish Scenario
✅ Long Trigger: 23181.50
Reclaiming high-value zone and pushing above PD close + midpoint.
🎯 Targets:
Target 1: 23222.75 → Previous Day High
Target 2: 23242.75 → +20 pts extension above PDH
Target 3: 23278.00 → Potential external liquidity run
🛑 Stop Loss: 23138.00
📉 Bearish Scenario
✅ Short Trigger: 23019.00
Break below PD open + low consolidation zone. Looks to tap sell-side liquidity.
🎯 Targets:
Target 1: 22996.25 → Previous Day Low
Target 2: 22975.00 → FVG fill or inefficiency target
Target 3: 22936.00 → Extended draw on liquidity below PD range
🛑 Stop Loss: 23061.00
9:30 AM Candle High/Low Lineshelps to find intraday bullish and bearish signal...all most 80% + accuracy
TZanalyserTZanalyser (Trend Zone Monitor With Trend Strength, Volume Focus And -Events Markers)
Before I used TrendZones to manage my portfolio I used Fibonacci Zone Oscillator as my favorite in the sub panel, accompanied with another subpanel indicator which I never published called IncliValue and also REVE Cohorts.
TZanalyser inherits Ideas and code from all three of them: The visual and the idea of using a channel as the basis for an oscillator depicted as a histogram, is taken from the FibZone Oscillator. The idea of providing a number to evaluate the trend is taken from IncliValue. The idea to create a horizontal line which indicates high and low volume focus completed with markers for volume events, is taken from REVE-cohorts.
These ideas are combined in one sleek visual called TZanalyser. TZ stand for TrendZones, because the histogram is based on it.
The histogram.
Depicted is the distance of the price from COG as percent. The distance between Upper Curve and Lower Curve is used as 100%. The values may reach between 300 and -300. The colors indicate in which zone the candle lives, blue in the blue zone, green in the green zone etc. Despite the absence of a gray zone, there are gray bars. These depict candles that wrap around COG. Because hl2 is used as price, some gray bars point up and others down. The orange and red bars point down because the orange and red downtrend zones are below COG.
Use of the histogram.
Sometimes I need to create a list of stocks which are in uptrend in monthly, weekly and daily charts from the stocks I follow in my universe. This job is done fast and easy by looking at the last bar of the histogram. The histogram also gives a quick evaluation of how the stock fared in the past.
The number.
Suppose I need to allocate some money to another stock, selected a few, looked into news and gurus and they look equally good. Then it is nice to be able to find out which has the best charts. Which one has the strongest uptrend. For this purpose this number can be consulted, because it indicates somehow the strength of the trend. It is an integer between 20 and -20, the closer to 20 the stronger the uptrend, closer to -20 indicates a stronger downtrend. The color of the background is the same as the last column of the histogram.
Volume focus and events
The horizontal lines depict volume focus, the line below the focus that comes with the uptrend columns pointing up, the one above the focus for the downtrend columns pointing down. Thes line have tree colors: maroon for high volume focus, green for normal volume and gray for low volume situations. Between the lines and the histogram triangles appear at volume events, a green triangle when the candle comes with high volume, i.e. 120-200 percent of normal, maroon when extreme volume, i.e. more than 200 percent of normal.
The direction of these triangles is that of the histogram, i.e. when the price is higher, direction is up and vice versa.
Take care and have fun.
RAA Buy Sell[RanaAlgo]Overview
The RAA (RanaAlgo Adaptive Average) Buy Sell indicator is a trend-following tool that helps identify potential buy and sell signals based on price deviation from an adaptive moving average. It uses a combination of:
(Fractal Adaptive Moving Average) – Adjusts its sensitivity based on market volatility.
RAA Bands – Dynamic upper/lower bands calculated using a multiplier applied to the average deviation.
🔹 Key Features
Trend Identification
Bullish Trend →
Bearish Trend →
Signal Generation
Visual Enhancements
Colored candles (green for bullish, red for bearish).
Dynamic bands to visualize trend strength.
Alerts
Customizable buy/sell alerts for real-time notifications.
🔹 Usefulness in Trading
✅ Trend Confirmation – Helps confirm trend direction before entering trades.
✅ Reduces False Signals – Uses adaptive bands to filter out noise.
✅ Works Across Timeframes – Effective on intraday, swing, and long-term trading.
✅ Customizable – Adjustable length and multiplier for different market conditions.
🔹 Best Used For
Trend-following strategies (riding strong trends).
Breakout trading (entering when price confirms momentum).
Avoiding choppy markets (since the adaptive bands widen in volatility).
SYRAX (SIMPLE RANGE)SYRAX (SIMPLE RANGE) is a minimalist indicator designed for traders who focus on range breakouts. If you’re someone who just needs one clean and consistent range plotted every day to execute your strategy, this tool is for you.
The indicator defines a customizable time range on your chart and highlights the high and low of that session, helping you visualize potential breakout zones. A vertical line can also be drawn at a specific time each day to assist with your session planning.
Features:
• Automatically draws the daily range box based on your chosen start and end time.
• Timezone setting to align the range with your local or market session.
• Clean visuals with editable box color, border, and text labels.
• Optional extended range lines and vertical session markers.
Whether you’re trading early session breakouts or waiting for liquidity sweeps, SYRAX gives you the structure you need — nothing more, nothing less.
SOL Elliott Wave 4H with Enhanced ProjectionsThis 4H-optimized version includes:
Key Features for 4H Timeframe:
Optimized Default Settings:
Wave Detection Period: 7 (perfect for 4H)
ZigZag Depth: 3% (captures significant moves on 4H)
Visual Indicators:
Small circles mark pivot points as they form
Blue background on the last bar shows script is active
Clean zigzag lines between pivots
Wave numbers at each pivot
Immediate Feedback:
Pivots show up as soon as they're confirmed
Table shows pivots found count
Current price always visible
To Use This:
Add to your 4H SOL chart
You should immediately see:
Small circles marking recent pivots
The info table in top-right
Blue highlight on the current bar
If you don't see lines yet, try:
Reduce Wave Detection Period to 5
Reduce ZigZag Depth to 2%
Make sure you have at least 100-200 bars of history loaded
Fine-tuning for current market:
If SOL is ranging: Lower ZigZag Depth to 2%
If SOL is trending strongly: Increase to 4-5%
The indicator will start drawing zigzag lines and counting waves as soon as it finds valid alternating highs and lows that meet the minimum percentage move requirement.
KIORI - VWAP mit StdDev + 0,25 Bändern🎯 VWAP Enhanced - Professional Standard Deviation Bands with Precision Zones
This advanced VWAP indicator provides comprehensive price movement analysis through multi-layered standard deviation bands with additional 0.25 precision zones.
🔥 Key Features:
VWAP core line (blue) - Volume Weighted Average Price
3-tier standard deviation bands (1x, 2x, 3x) with individual color coding
0.25 precision zones around EVERY standard deviation line (above/below)
Complete band filling for better visual orientation
Flexible anchor periods (Session, Week, Month, Quarter, Year, Earnings, Dividends, Splits)
📊 Color Coding:
🔵 VWAP + 0.25 zones (Light Blue)
🟢 1x StdDev + 0.25 zones (Green/Light Green)
🟡 2x StdDev + 0.25 zones (Yellow/Light Yellow)
🔴 3x StdDev + 0.25 zones (Red/Light Red)
⚡ Trading Applications:
Support/Resistance at standard deviation lines
Precise entry/exit points through 0.25 zones
Volatility measurement across multiple levels
Mean-reversion strategies with clear target areas
Breakout detection when exceeding outer bands
🎨 Optimized for:
Day trading and scalping
Swing trading strategies
Volatility-based positioning
Multi-timeframe analysis
This indicator combines proven VWAP methodology with high-precision standard deviation zones, providing traders with a professional tool for precise market analysis and positioning
Orb [LUM3N]Orb – Opening Range Breakout Strategy with Confidence Engine
Description
The Orb script is a precision-engineered Opening Range Breakout (ORB) system designed for intraday and scalping strategies. Built around the first 15–30 minutes of price action, it identifies high-probability breakout entries, confirms momentum using 1-minute signals, and automatically calculates Fibonacci-based profit targets.
Key Features:
✅ Customizable ORB Timeframe (15 or 30 mins)
✅ Dynamic Stop Loss Options (Fixed %, ATR-based, EMA trailing)
✅ Fibonacci Take Profit Targets (1.272 / 1.618 / 2.0)
✅ Retest Logic with Smart Labels (confirms strength after breakout)
✅ Time-Based Exit Functionality (automatically closes trades after X minutes)
✅ Built-in Volume Spike Filter (optional)
✅ Multi-Factor Confidence Score using RSI, MACD Histogram, and VWAP
✅ Live Dashboard displaying entry price, TP levels, live % gain, and signal confidence
The confidence engine uses a weighted scoring system to determine if a breakout is High, Medium, or Low confidence — giving traders more control and clarity.
Ideal for structured day traders looking to automate key rules and reduce guesswork.
Auto-Calculated Pivot Line/Zone (Based on Time Range)Automatically Calculated Pivot Line/Zone
Harness the power of precision with this Custom Time Range Average Line indicator—designed to pinpoint key equilibrium and pivot levels within consolidation zones after a breakout. Select any start and end time to capture the critical price action shaping the market structure between swings, and calculate the true average price using your choice of open, close, high, low, or midpoint.
Once the defined period concludes, the indicator freezes the average and extends it forward as a clear horizontal ray, acting as a powerful reference for fair value and market balance. This dynamic line shines brightest within consolidation phases, helping traders identify pivot points and equilibrium zones that often serve as magnets for price after a breakout.
Customize the line width to suit your style—use a thinner line width input for a precise single average line, or increase the width to visually represent a broader range or zone. Fully adjustable line color and thickness options ensure this tool integrates seamlessly into any chart setup.
Elevate your trading edge by visualizing the hidden balance points between market swings—turning consolidation chaos into clear, strategic opportunities!