VMS Multi Index Options Buying IndicatorDetailed User Guide
This system is a multi-faceted toolkit designed for traders who use options. It synthesizes information from the underlying asset, specific call and put options, and market structure to generate a consolidated view.
Core Philosophy:
The tool is built on the principle of "Multi-Timeframe, Multi-Indicator Confirmation." It avoids relying on a single signal. Instead, it seeks confluence between momentum, trend, market structure, and volume data across different components (underlying, call, and put) before suggesting a trade.
1. The Legal Agreement & Setup
Getting Started: The first thing you will see is a mandatory disclaimer. You must type "agree" into the input field to activate the indicator and acknowledge the associated risks.
Defining Your Instruments: The core of the setup is specifying the two options you want to analyze.
Call Option Symbol: Input the specific symbol for the call option you are tracking.
Put Option Symbol: Input the specific symbol for the put option you are tracking (typically, these would be similar strike prices and expiry).
2. Understanding the Primary Signal
The main trading signal is derived from a multi-index analysis applied separately to your chosen call and put options.
The Histogram (Momentum Gauge):
You will see two histograms (bar charts) on the main panel.
The top section (above the zero line) represents the Call Option's momentum.
The bottom section (below the zero line) represents the Put Option's momentum.
Interpretation:
Green Bars (Call) / Red Bars (Put): Indicate a "BUY" signal for that respective option.
Yellow Bars (Call) / Orange Bars (Put): Indicate a "WEAK" or cautionary signal.
Gray Bars: Indicate "NO TRADE" conditions.
The height and position of the bars show the strength and direction of the momentum oscillator.
The Signal Dashboard (Your Command Center):
A table provides a numerical breakdown of the signal strength. This is where you get the "why" behind the colors.
Overall Signal: The final verdict ("BUY CALL", "WEAK PUT", "NO TRADE").
Strength (/7): A score out of 7 for each option. A score of 4 or higher is considered a strong signal. A score of 3 is weak. This score is an aggregate of several factors:
Momentum Oscillator Value & Direction
Momentum above a defined threshold
Short-term vs. Long-term trend alignment
"Squeeze" state (a volatility contraction indicator)
A bonus for fresh momentum crossovers.
Key Takeaway: Look for the option with the higher strength score, and only consider trades when the score is 3 or above, with a preference for scores of 4+.
3. Integrating Market Context
The indicator overlays several other analytical tools to provide context for the primary signal. Confluence with these tools increases the probability of a successful trade.
Support & Resistance (S/R) Lines:
Multiple colored horizontal lines are drawn on the chart, representing key support and resistance levels derived from monthly, weekly, and daily data.
How to Use: Observe the price action relative to these levels. A "BUY CALL" signal that occurs near a major support line (e.g., L0, L1, L2) is significantly more powerful. Conversely, a "BUY PUT" signal near a major resistance line (e.g., L8, L9, L10) carries more weight.
Trend Filter (Intraday Level):
A thick line that acts as a dynamic trend filter.
How to Use: This is a simple but effective filter.
If price is above this line, it suggests a bullish intraday bias. Favor "BUY CALL" signals.
If price is below this line, it suggests a bearish intraday bias. Favor "BUY PUT" signals.
Ignore or be very cautious with signals that go against the Trend Filter.
Volume Analysis Dashboard:
A separate table provides a deep dive into volume data for both the underlying asset and your specified options.
How to Use: This confirms whether money flow agrees with your technical signal.
A "BUY CALL" signal is reinforced if the underlying and the call option are seeing higher buy volume % and more bullish candles.
A "BUY PUT" signal is reinforced if the underlying and the put option are seeing higher buy volume % and more bullish candles.
Call-Put Spread Analysis:
This measures the difference in price between your call and put options.
How to Use:
A rising or positive spread suggests market sentiment is becoming more bullish (calls are gaining value faster than puts).
A falling or negative spread suggests market sentiment is becoming more bearish (puts are gaining value faster than calls).
Use this to confirm the bias of your primary signal.
4. Entry Execution & Risk Management
Entry Timing: The ideal entry occurs when the primary signal triggers ("BUY CALL/PUT") and you have confluence from at least 2 of the 3 contextual factors:
Price is respecting a key S/R level.
The Trend Filter aligns with the signal direction.
Volume and Spread data confirm the momentum.
Built-in Alerts: You can set alerts for the "Buy Call" and "Buy Put" conditions so you are notified when a strong signal triggers.
Risk Management: This is paramount. The indicator does not provide stop-loss or take-profit levels. You must employ your own risk management strategy, such as:
Placing a stop-loss below the recent swing low (for calls) or above the recent swing high (for puts).
Using a fixed percentage or rupee-based risk per trade.
Quick-Reference Cheat Sheet
Step Component What to Look For Action
1 Primary Signal Histogram color & "Overall Signal" in dashboard. Green/Red: Strong signal. Yellow/Orange: Weak signal. Gray: No trade.
2 Signal Strength "Strength (/7)" score in dashboard. ≥4: Strong. =3: Weak/Cautious. <3: Ignore.
3 Market Structure Price relative to S/R lines & Trend Filter. Bullish Confluence: Signal + Price near support + Above Trend Filter.
Bearish Confluence: Signal + Price near resistance + Below Trend Filter.
4 Volume Confirmation Volume Dashboard. Underlying and option should show higher Buy Volume % and more Bullish Candles in the direction of your trade.
5 Sentiment Check Call-Put Spread. Rising/Positive Spread: Confirms bullish bias.
Falling/Negative Spread: Confirms bearish bias.
6 Final Decision Composite of all factors. High-Probability Trade: Strong primary signal (Step 1 & 2) with confluence from Steps 3, 4, and/or 5.
7 Execute & Manage Your Trading Plan. Enter trade. Always use a stop-loss. Take profits based on your predefined plan. The Illusion of the "Perfect Indicator"
The human mind, especially when faced with the complexity and stress of financial markets, seeks certainty. It wants a system that says, "Buy here, sell there, and you will win." This desire creates a dangerous vulnerability: the belief that a tool can replace judgment.
The final note, "This system is designed to inform your decisions, not to make them for you," is a direct antidote to this illusion. Here’s a breakdown of what that truly means:
1. The Tool is a Compass, Not an Autopilot
Think of this indicator as a high-tech compass on a ship. It can tell you:
The direction of the wind (momentum).
The depth of the water (support/resistance).
The set of the currents (trend).
The activity in other nearby vessels (volume).
But it cannot:
Steer the ship for you.
Decide when to reef the sails in a sudden storm (volatility spike).
Choose the final destination (your financial goals).
Abandon ship if it starts to sink (your risk management).
You are the captain. The tool provides superb data, but you must synthesize it with experience, intuition, and an overarching strategy. Blindly following any signal, no matter how strong, is like setting your autopilot in a crowded shipping lane and going to sleep.
2. The Gap Between Signal and Execution
A "BUY CALL" signal is a moment in time. Your execution is another. The market is a dynamic, living entity. What was true at the close of the candle when the signal generated may not be true 30 seconds later when your order is placed.
Slippage: The price you get vs. the price you see.
Gaps: The market can open beyond your risk parameters.
Latency: The signal is historical; you are trading in the present.
Your skill lies in navigating this gap. The indicator highlights a potential opportunity, but your discipline in order placement, patience for the right entry, and ability to abort a setup that "looks wrong" in real-time are what separate professionals from amateurs.
3. The Context is King (And the Indicator Can't See Everything)
No indicator has access to the full context of the market.
Macro-Events: Is there a central bank announcement in 30 minutes? The indicator doesn't know. You should.
Earnings: Did a major sector company just report disastrous earnings, changing the sentiment for the entire index?
Global Cues: Are international markets crashing?
A signal might be technically perfect but fundamentally suicidal given the broader context. You are the one who must bring this macro-awareness to the table. The tool provides a micro-view; you provide the macro-view.
4. The Psychology of the Trader is the Ultimate System
This is the most important element. You can have the best tool in the world, but if your mind is not trained, you will lose.
Confirmation Bias: The tool gives a "WEAK PUT" signal, but you are already bearish. You interpret it as a "STRONG PUT" and over-leverage.
Hope & Fear: A trade goes against you. The indicator might still be holding its signal, but your fear triggers an early exit. Or conversely, a "NO TRADE" signal appears, but your hope for a win makes you enter anyway.
Revenge Trading: After a loss, you ignore the "NO TRADE" signal and jump into the next setup to "win your money back."
The indicator is a logic-based system. Trading is a psychological endeavor. The tool can suggest what to do, but it cannot give you the discipline to follow through or the wisdom to deviate when necessary.
In Essence:
Using this powerful system without the final note in mind is like giving a masterfully crafted, precision sniper rifle to someone who has never been taught to breathe steadily, account for wind, or manage their trigger squeeze. The rifle is capable, but the outcome is entirely dependent on the skill and discipline of the person holding it.
Therefore, use the tool to:
Focus your attention on high-probability setups.
Provide a framework for your analysis.
Save time on manual calculations.
But never abdicate your responsibility to:
Apply sound risk management on every single trade.
Maintain emotional discipline.
Consider the broader market context.
Make the final call.
The ultimate goal is not to find a system you can follow blindly, but to use tools like this to become a more informed, disciplined, and self-aware trader. The indicator is a part of your edge; you are the source of it.
Penunjuk dan strategi
J&C Bank Key Timesthis indicator marks out key limes in the market where liq may rest above or below
BHARGAV HTF CandleBHARGAV HTF Candle
A higher time frame (HTF) projection is a technical analysis method used in trading to identify the overall, long-term direction or "bias" of a market by using larger-duration charts (e.g., daily, weekly, monthly). This provides a broader market context, filtering out short-term volatility and "noise" that can be prevalent on lower time frame (LTF) charts.
PDVR Trading System 1.0 [S1S2]This script allows you to track both price and time levels defined according to the PDVR Trading System .
Price Levels
You can define and visualize PDVR price levels for every day of the week or just a specific day.
When two or more price levels overlap, the script automatically aggregates them, and color them based on a specific hierarchy.
You can change the color associated with every type of price level, but not the hierarchy used to establish the color of aggregated levels.
Notice that, by default, the script comes with no levels and will generate an error.
Fill the multi-line input form and the script will work as intended.
BKBrown shares her price levels on Discord. Follow her and you'll find the data for this script.
Time Levels
By default, the script marks 17%, 50%, 83%, 100%, and 120% of the ongoing week and the month.
You can customize the color and style of the time levels.
Credits
The PDVR Trading System was invented by BKBrown. All credits to her.
The original work this script is based on was created by Waywardengineer and Nelson.
jg ndog/nwogthis is an indicator for new week opening gaps along with daily opening gaps marking out potential liq zones
DMI_HMA Oscillator Smoothed by HMA v2The script provided, titled "DMI_HMA Oscillator Smoothed by HMA v2," is a technical analysis tool written in Pine Script (Version 6) for the TradingView platform. It represents a hybrid approach to momentum trading, combining the directional insight of the Directional Movement Index (DMI) with the noise-reduction capabilities of the Hull Moving Average (HMA). The purpose of this indicator is to provide a cleaner, lag-reduced view of market trend strength and direction, filtering out the erratic noise often associated with raw DMI readings.
Using this indicator is highly appropriate for traders who struggle with the "noise" of standard momentum indicators but cannot afford the delay of traditional smoothing.
Noise Reduction: Standard DMI crossovers can trigger frequently in sideways markets. The HMA smoothing suppresses these minor fluctuations, helping traders stay in a trade longer without being shaken out by temporary volatility.
Lag Management: Most smoothing techniques (like SMA or EMA) introduce significant lag, making signals arrive too late. The HMA is specifically designed to minimize this, making it an excellent choice for a leading indicator like DMI.
Clarity: By converting the two-line DMI system into a single oscillator relative to a zero line, the visual complexity is reduced. A trader simply needs to observe if the teal line is above or below the gray dashed zero line.
Conclusion: The DMI_HMA Oscillator is a sophisticated yet elegant tool. It effectively addresses the primary weakness of the standard DMI (noise) without sacrificing its primary strength (responsiveness). It is best used as a trend-confirmation tool in conjunction with price action analysis, serving as a reliable filter for determining the prevailing market bias.
Sniper BB + VWAP System (with SMT Divergence Arrows)STEP 1: Load two correlated futures charts.
Example: CL + RB/SI+GC/ NQ+ES
STEP 2: Add Bollinger Bands (20, 2.0) on both.
Optional add (20, 3.0).
STEP 3: Watch for a BB tag on one chart but not the other.
STEP 4: Wait for a reclaim candle back inside the band.
STEP 5: Enter with stop below/above the wick + 3.0 BB.
STEP 6: Scale out midline, then opposite band.
STEP 7: Hold partials when both pairs confirm trend.
*You can take the vwap bands off the chart if it is too cluttered.
Thirdeyechart Index – 7 MajorsThe 7 Majors Masterclass is a professional TradingView indicator designed for traders who want a fast, clear, and comprehensive view of the market direction of the 7 major forex pairs. This version monitors EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, AUDUSD, and NZDUSD simultaneously, allowing traders to see global forex trends at a glance.
The indicator calculates percentage changes for each pair across Weekly (W), Daily (D), 4-Hour (H4), and 1-Hour (H1) timeframes. Positive changes are highlighted in blue, negative changes in red, giving an immediate visual cue of market direction. A Total Average Trend Strength is calculated across all timeframes, helping traders quickly identify strong, weak, or neutral trends for each currency pair.
Math Logic Behind the Indicator
Percent change per timeframe:
pct_tf = ((close_tf - open_tf) / open_tf) * 100
Collect all timeframe values for each pair:
values =
Total Average Trend Strength:
Total_Avg = sum(values) / 4
Trend interpretation (default thresholds):
≥ +0.50 → Strong Uptrend
+0.15 to +0.49 → Weak Uptrend
−0.14 to +0.14 → Neutral
−0.49 to −0.15 → Weak Downtrend
≤ −0.50 → Strong Downtrend
The table layout is boxed and clean, making it easy to compare multiple pairs simultaneously. Traders can use it for intraday, swing, or long-term analysis, quickly assessing which pairs are strong or weak and planning trades accordingly.
This indicator is informational and educational only. It does not provide buy or sell signals. Users must perform their own analysis and apply proper risk management before taking any trades.
Disclaimer / Copyright:
© 2025 Thirdeyechart. All rights reserved. Redistribution, copying, or commercial use without permission is prohibited. The author is not responsible for any trading losses or financial decisions made using this indicator.
2s10s Bull/Bear Steepener/Flattener (Intraday bars)A simple indicator that tracks the curve of the US2y and US10y
MagFlow X: @Cissora <--MagFlow Trend is a premium trend model created as a quantitative counterpart to widely used commercial indicators. Its structure draws from exchange-oriented analytical concepts to establish a flexible, noise-resistant framework for directional movement. The design prioritizes clarity, reduced lag, and responsiveness across varying market conditions. Developed from original research and external visual models, MagFlow Trend is engineered to reflect a more mathematically disciplined trend engine.
Big Trade Bubbles by swiftedgeBig Trade Bubbles — by swiftedge
Precisely marks where the heaviest and most aggressive buying or selling pressure occurred inside each candle — not just at the high/low or close.
How it works:
• Analyzes every 1-minute bar inside the current candle
• Splits the candle range into 8–30 price zones (user-adjustable)
• Places the bubble exactly where the strongest delta (buying vs selling volume) was strongest
• Minimum lot/contract filter (e.g. 100 ES, 20 NQ, 1 BTC, etc.)
• Fully solid lime (aggressive buyers) and red (aggressive sellers) bubbles
• Bubble size scales automatically with volume strength
• Optional candle highlight
Perfect for scalpers and day traders who want to see real absorption, trapping, and icebergs — without needing expensive order-flow tools.
No repainting | No external data | Works on all markets & timeframes
Clean, fast, and deadly accurate.
— swiftedge
DW's Top and Bottom FinderDW’s Top and Bottom Finder is a precision-engineered volatility model built to reveal moments of extreme market imbalance—points where fear or euphoria stretch price beyond natural limits. These extremes often mark the earliest phase of major reversals, and this tool is designed to help you spot them with clarity and confidence.
Using a dual-direction volatility engine, the indicator identifies when price accelerates sharply away from its recent structure.
• Green signals highlight potential capitulation zones where downside pressure becomes unsustainably high.
• Red signals reveal potential exhaustion zones where upside momentum begins to lose integrity.
A three-mode system—Bottoms, Tops, or Both—lets you tailor the tool to your style, whether you trade reversals, mean-reversion setups, or simply want early warning signs before trend shifts. Optional percentile ranges and deviation bands visually reinforce each signal, providing a multi-layered read on volatility extremes.
DW’s Top and Bottom Finder is built for traders who value precision, adaptability, and an objective lens on market behavior. It works across all timeframes and asset classes, offering a clean and dependable framework for identifying high-energy turning points long before conventional indicators confirm them.
Std Dev Reversal LevelsStd Dev Reversal Levels. Uses STD devs
Std Dev Reversal Levels. Uses STD devs
Std Dev Reversal Levels. Uses STD devs
Std Dev Reversal Levels. Uses STD devs
Std Dev Reversal Levels. Uses STD devs
Std Dev Reversal Levels. Uses STD devs
(Final Clean Version) V2 Optimized Trading Guide — MWABUFX 15-Minute Intraday Setup
🕒 Recommended Timeframe
✅ 15-Minute Chart (M15) — the most balanced and accurate for MWABUFX.
Why M15 Works Best:
Filters out small, noisy market movements found on 1m–5m charts.
Responds faster than 1H or 4H, perfect for daily profits.
Aligns well with market session volatility (London & New York).
Gives 2–5 high-probability trades per day depending on the pair.
Ideal for traders using PineConnector automation or manual execution.
🧭 How to Trade on 15-Minute
🟢 Buy Setup
EMA 238 is sloping upward and price is above it.
Supertrend flips green — wait for candle to close above the line.
Confirm trend direction on 1H timeframe (optional filter).
Enter trade at the close of the signal candle.
Stop-Loss: below recent swing low.
Take Profits:
TP1 → 1:1
TP2 → 1:2
TP3 → 1:3
Move SL to breakeven after TP1 is hit.
🔴 Sell Setup
EMA 238 is sloping downward and price is below it.
Supertrend flips red — wait for candle to close below the line.
Confirm 1H trend also bearish (optional).
Enter trade at the candle close.
Stop-Loss: above recent swing high.
Take Profits: TP1, TP2, TP3 as above.
🕐 Best Trading Hours (Kenya Time / GMT+3)
Session Time Ideal Pairs Notes
London Session 10:00 AM – 2:00 PM GBPUSD, EURUSD, Gold Cleanest 15-min trends
New York Session 3:30 PM – 7:00 PM US30, NAS100, XAUUSD, GBPUSD Strong volatility, high RR trades
Avoid After 8:30 PM — Market slows down, spreads widen
📌 If you must choose one — trade 15-minute charts during London–New York overlap (3:30 PM – 6:30 PM).
⚖️ Risk & Profit Strategy
Risk only 1–2% of balance per trade.
Focus on 1–3 solid setups per session — no overtrading.
Aim for minimum 1:2 reward-to-risk ratio.
Avoid entries when EMA 238 is flat (ranging market).
💡 Pro Tips
Use “Close of Candle” confirmation — avoid jumping in mid-bar.
Combine with session bias (e.g. buy Gold during bullish NY momentum).
Use alerts through PineConnector to catch trades instantly.
Don’t trade during major red news (NFP, CPI, FOMC).
Journal every trade — review TP/SL behavior to improve timing.
AR–Volumized OB-BB-MB-S&DAR – Volumized OB-BB-MB-S&D
AR – Volumized OB-BB-MB-S&D is a clean, price-action order-block tool that automatically detects Bullish & Bearish Order Blocks (OB), tracks their evolving state into Mitigation Blocks (MB) and Breaker Blocks (BB), and adds a volumetric overlay showing an estimated split between buyers vs sellers inside each zone. It also includes a lightweight Supply & Demand (S&D) module with the same buy/sell visualization.
This indicator is designed to keep the chart readable: zones are drawn with thin boundaries, optional breaker fill, short reference lines, centered labels, and shortened volumetric bars (instead of huge full-width blocks).
________________________________________
What it draws
1) Order Blocks with State Tracking
Each detected Order Block is shown with:
• Top/Bottom boundaries (thin lines)
• A zone container (mostly invisible for OB/MB, semi-filled for BB)
• A label that updates live with:
o Total zone volume
o Volumetric balance %
o Current state: OB / MB / BB
o Optional extra line: Buy vs Sell estimate
States
• OB (Order Block): Newly detected zone, still valid.
• MB (Mitigation Block): Zone has been touched by price (mitigated) but not broken.
• BB (Breaker Block): Zone has been invalidated (broken through) and becomes a breaker.
Optional BB cleanup
• “Hide invalidated BB” can auto-remove breaker blocks that become invalid again (to keep the chart clean and only show active breakers).
________________________________________
2) Supply & Demand Zones
Supply & Demand zones are detected using pivot logic:
• Supply: pivot highs → zone from pivot high down to pivot candle body area
• Demand: pivot lows → zone from pivot low up to pivot candle body area
They are drawn as:
• A zone holder + thin lines
• A label (“Supply” / “Demand”), with optional volumetric text
• Optional buy/sell volumetric bars, same style as OB/BB/MB
S&D zones are removed completely once broken (clean and decisive behavior).
________________________________________
Volumetric Buy/Sell (the mini bars + text)
This script adds an extra layer called Volumetric (Buy/Sell):
✅ Volumetric Bars (short + clean)
Inside each zone, it can draw two small stacked bars:
• Top half: Buy volume (green)
• Bottom half: Sell volume (red)
You can choose:
• Display side (Left or Right of the zone)
• Bar length in bars (shortened by design)
• Transparency
✅ Volumetric Text (buyers vs sellers)
The label can optionally show:
• B 123K | S 98K
So you instantly see who dominated in that block.
Important Note (Very Honest)
These buy/sell numbers are NOT real bid/ask delta.
They are an estimate based on candle direction:
• If a candle closes green (close ≥ open) → its volume is counted as “buy”
• If it closes red (close < open) → its volume is counted as “sell”
This is still extremely useful for visual confirmation, but it is not a broker-level footprint.
________________________________________
Detection Logic Summary (simple + effective)
Order Block detection (swing-based)
• Uses a swing finder to identify relevant turning points.
• Confirms OB creation on a breakout beyond the swing level.
• Builds the OB range by walking backward to capture the strongest base candle area.
• Filters out oversized zones using ATR × Max OB height filter.
Zone lifetime handling
• Zones extend forward automatically.
• OB becomes MB on first meaningful touch.
• OB becomes BB if violated in the opposite direction.
• BB can optionally be hidden if it becomes invalid (depending on your settings).
________________________________________
Inputs & Customization
Detection
• Swing length (OB): controls sensitivity. Lower = more zones, higher = fewer stronger zones.
• Use candle body for extremes: reduces wick noise by using candle bodies for boundaries.
• ATR filter: avoids huge messy blocks (keeps zones tradable).
• Max zones to keep: keeps chart lightweight.
Visual
• Bull/Bear colors
• Label size
• Forward extension
• Short line length
• Label offset
Supply & Demand
• Enable/disable S&D
• Pivot swing length
• Forward extension, line length
• Label offset X and Y (ticks)
• Max S&D zones
Volumetric Buy/Sell
• Turn bars on/off
• Turn text on/off
• Bars side (left/right)
• Bar length (short, by bars)
• Bar transparency
________________________________________
How to use (practical workflow)
For Entries
• Use Bullish OB / Demand as a potential buy zone after a displacement up.
• Use Bearish OB / Supply as a potential sell zone after a displacement down.
• Look for confluence:
o market structure shift / BOS + displacement candle + return to OB/MB
For Bias Filtering
• The buy/sell split helps you quickly sanity-check:
o A “bullish OB” that shows heavy sell dominance might be weaker (and vice versa)
o Strong imbalance zones often show a clear dominance split
For Risk Management
• BB zones are great “line in the sand” areas.
• Use zone boundaries for invalidation, with your own model rules.
________________________________________
Performance Notes
This script is built with object limits in mind and includes:
• max_boxes_count, max_lines_count, max_labels_count
• Cleanup logic when max zones are exceeded
• Optional hiding of invalid breakers to reduce clutter
________________________________________
Disclaimer
This tool provides technical visualization and estimated volumetric info based on candle direction. It does not represent true order flow, bid/ask delta, or broker tape. Always risk-manage properly and confirm with your trading plan.
Credits
Concepts, design & implementation: AdamRifau (AR).
Probabilistic Panel - COMPLETE VERSION
📘 Probabilistic Panel — User Manual (English Translation)
________________________________________
INTRODUCTION
The Probabilistic Panel is an advanced TradingView indicator that merges multiple technical-analysis components to provide a probabilistic evaluation of market direction. It is composed of several sections that assess trend, volume, price zones, support and resistance, multiple timeframes, and candle distribution.
________________________________________
PANEL STRUCTURE
1. HEADER
• PROBABILISTIC PANEL: Indicator name.
• FULL VERSION: Indicates that all functionalities are enabled.
________________________________________
2. GENERAL INFORMATION
• ASSET: Displays the asset symbol being analyzed.
• LIMITS: Shows score thresholds for classifying setups (A+, B, C).
________________________________________
3. DIRECTION PROBABILITIES
• PROB: Displays probability of upward movement (upPct) and downward movement (downPct) in percentage.
o Importance: Indicates the direction with the highest probability based on weighted factors.
________________________________________
4. CONTINUATION BIAS
• BIAS: Shows the probability of continuation of the current trend (intrProbCont).
o Importance: Evaluates whether the market is likely to continue in the same direction.
________________________________________
5. MULTI-TIMEFRAME ANALYSIS (MTF)
• MTF: Shows trend direction across multiple timeframes (1D, 1H, 15M, 5M, 1M) using arrows (↑ uptrend, ↓ downtrend, → sideways).
o Importance: Helps identify convergence or divergence between timeframes.
• ALIGNED MTF: Displays the percentage of alignment between timeframes.
o Importance: Higher alignment indicates stronger trends.
________________________________________
6. VOLUME
• VOLUME: Indicates whether volume is “INCREASING”, “DECREASING”, or “STABLE.”
o Importance: Increasing volume confirms trend strength.
________________________________________
7. TECHNICAL INDICATORS
• RSI/ROC: Displays RSI (Relative Strength Index) and ROC (Rate of Change).
o Importance:
RSI > 65 → Overbought
RSI < 35 → Oversold
ROC → Momentum strength indicator
________________________________________
8. PRICE ZONE
• ZONE: Classifies current price as “PREMIUM” (above average), “DISCOUNT” (below average), or “EQUILIBRIUM.”
o Importance: Helps identify buying/selling opportunities based on mean-reversion logic.
________________________________________
9. CANDLE ANALYSIS
• AMPLITUDE: Shows current candle size in percentage and ticks.
o Importance: Candles above minimum amplitude threshold are considered trade-valid.
• FORMATION: Classifies candle as:
o HIGH INDECISION
o TOP REJECTION
o BOTTOM REJECTION
o CONVICTION
o MIXED
o Importance: Reflects market sentiment and psychology.
• WICKS: Displays upper and lower wick size in percentage.
o Importance: Longer wicks suggest rejection or indecision.
• RATIO: Ratio between total wick size and candle body.
o Importance: High ratio = indecision; low ratio = conviction.
________________________________________
10. TRENDS
• AMPLITUDE TREND: Indicates if amplitude is “INCREASING,” “DECREASING,” or “STABLE.”
o Importance: Increasing amplitude may signal rising volatility.
• CONVICTION TREND: Indicates recent candle conviction:
o STRONG UP
o STRONG DOWN
o INDECISIVE
o MIXED
o Importance: Measures the strength of recent candles.
________________________________________
11. PROBABILITY DIFFERENCE (DIF PROB)
• Shows the percentage difference between upward and downward probabilities, classified as:
o EXCELLENT: Very favorable
o GOOD: Significant
o MEDIUM: Moderate (avoid entering)
o MARKET LOSING STRENGTH: Small difference (avoid entering)
o UNSTABLE MARKET: Very small difference (do not trade)
o Importance: Higher difference = more directional clarity.
________________________________________
12. CONFIRMATIONS
• Shows how many consecutive confirmations of the current signal were achieved relative to the configured requirement.
o Importance: More confirmations increase reliability.
________________________________________
13. SCORE & CLASSIFICATION
• SCORE: Final score from 0 to 100, calculated based on multiple factors.
o Higher scores = better setups.
• CLASSIFICATION: Setup categorized as:
o A+ SETUP
o B SETUP
o C SETUP
o DO NOT TRADE
o Importance: Defines whether conditions are favorable.
________________________________________
14. ACTION
• ACTION: Suggests “BUY,” “SELL,” or “WAIT.”
o Importance: Final actionable signal.
________________________________________
DECISION LOGIC
The indicator uses a weighted combination of multiple factors:
1. Trend (wTrend): Based on the price relative to EMA50.
2. Volume (wVol): Based on recent volume vs. its average.
3. Zone (wZona): Based on price position within recent price range.
4. Support/Resistance (wSR): Based on strength of S/R levels.
5. MTF (wMTF): Timeframe alignment.
6. Distribution (wDist): Distribution of bullish, bearish, and neutral candles.
The final score integrates:
• Probability of upward movement
• Continuation bias
• MTF conflict
• Moving-average alignment
• Volume
• Extreme RSI conditions
________________________________________
FALSE-SIGNAL FILTERS
• Close-Only Mode: Updates calculations only on candle close.
• Minimum Candle Size: Ignores very small candles.
• Consecutive Confirmations: Requires repeated signal confirmation.
• Minimum Probability Difference: Enforces a minimum separation between bullish and bearish probabilities.
________________________________________
CONCLUSION
The Probabilistic Panel is a comprehensive tool that integrates multiple technical-analysis dimensions to deliver more reliable trading signals. Parameters must be adjusted according to the asset and timeframe.
Remember: no indicator is infallible.
Always combine it with risk management and additional confirmations.






















