Pinescripters — Penunjuk dan Strategi

Sentinel Market Structure [JOAT] Sentinel Market Structure - Smart Money Structure Analysis Introduction and Purpose Sentinel Market Structure is an open-source overlay indicator that identifies swing highs/lows, tracks market structure (HH/HL/LH/LL), detects Break of Structure (BOS) and Change of Character (CHoCH) signals, and marks order blocks. The core problem this indicator solves is that retail traders often miss structural shifts that smart money traders use to identify trend changes. This indicator addresses that by automatically tracking market structure and alerting traders to key structural breaks that often precede significant moves. Why These Components Work Together Each component provides different structural information: 1. Swing Detection - Identifies significant pivot highs and lows. These are the building blocks of market structure. 2. Structure Labels (HH/HL/LH/LL) - Classifies each swing relative to the previous swing. Higher Highs + Higher Lows = uptrend. Lower Highs + Lower Lows = downtrend. 3. Break of Structure (BOS) - Identifies when price breaks a swing level in the direction of the trend. This is a continuation signal. 4. Change of Character (CHoCH) - Identifies when price breaks a swing level against the trend. This is a potential reversal signal. 5. Order Blocks - Marks the last opposing candle before an impulse move. These zones often act as future support/resistance. How the Detection Works Swing Detection: bool swingHighDetected = high == ta.highest(high, swingLength * 2 + 1) bool swingLowDetected = low == ta.lowest(low, swingLength * 2 + 1) BOS vs CHoCH Logic: // BOS: Break in direction of trend (continuation) bool bullishBOS = close > lastSwingHigh and marketTrend >= 0 // CHoCH: Break against trend (reversal signal) bool bullishCHOCH = close > lastSwingHigh and marketTrend < 0 Order Block Detection: bool bullOB = close < open and // Previous candle bearish close > open and // Current candle bullish close > high and // Breaking above (high - low) > ta.atr(14) * 1.5 // Strong impulse Signal Types HH (Higher High) - Swing high above previous swing high (bullish structure) HL (Higher Low) - Swing low above previous swing low (bullish structure) LH (Lower High) - Swing high below previous swing high (bearish structure) LL (Lower Low) - Swing low below previous swing low (bearish structure) BOS↑/BOS↓ - Break of structure in trend direction (continuation) CHoCH↑/CHoCH↓ - Change of character against trend (potential reversal) Dashboard Information Trend - Current market bias (BULLISH/BEARISH/NEUTRAL) Swing High - Last swing high price with HH/LH label Swing Low - Last swing low price with HL/LL label Structure - Current structure state (HH+HL, LH+LL, etc.) Price - Price position relative to structure How to Use This Indicator For Trend Following: 1. Identify trend using structure (HH+HL = uptrend, LH+LL = downtrend) 2. Enter on BOS signals in trend direction 3. Use swing levels for stop placement For Reversal Trading: 1. Watch for CHoCH signals (break against trend) 2. Confirm with order block formation 3. Enter on retest of order block zone For Risk Management: 1. Place stops beyond swing highs/lows 2. Use structure lines as trailing stop references 3. Exit when CHoCH signals against your position Input Parameters Swing Detection Length (5) - Bars on each side for pivot detection Show Swing High/Low Points (true) - Toggle swing markers Show BOS/CHoCH (true) - Toggle structural break signals Show Structure Lines (true) - Toggle horizontal swing lines Show Order Blocks (true) - Toggle order block zones Zone Extension (50) - How far order block boxes extend Timeframe Recommendations 15m-1H: Good for intraday structure analysis 4H-Daily: Best for swing trading structure Lower timeframes require smaller swing detection length Limitations Swing detection has inherent lag (needs confirmation bars) Not all BOS/CHoCH signals lead to continuation/reversal Order block zones are simplified (not full ICT methodology) Structure analysis is subjective - different traders see different swings Open-Source and Disclaimer This script is published as open-source under the Mozilla Public License 2.0 for educational purposes. This indicator does not constitute financial advice. Market structure analysis does not guarantee trade outcomes. Always use proper risk management. - Made with passion by officialjackofalltrades

Hobbiecode - RSI + Close previous day This is a simple strategy that is working well on SPY but also well performing on Mini Futures SP500. The strategy is composed by the followin rules: 1. If RSI(2) is less than 15, then enter at the close. 2. Exit on close if today’s close is higher than yesterday’s high. If you backtest it on Mini Futures SP500 you will be able to track data from 1993. It is important to select D1 as timeframe. Please share any comment or idea below. Have a good trading, Ramón.

Pinescript v3 Compatibility Framework (v4 Migration Tool)Pinescript v3 Compatibility Framework (v4 Migration Tool) This code makes most v3 scripts work in v4 with only a few minor changes below. Place the framework code before the first input statement. You can totally delete all comments. Pros: - to port to v4 you only need to make a few simple changes, not affecting the core v3 code functionality Cons: - without #include - large redundant code block, but can be reduced as needed - no proper syntax highlighting, intellisence for substitute constant names Make the following changes in v3 script: 1. standard types can't be var names, color_transp can't be in a function, rename in v3 script: color() => color.new() bool => bool_ integer => integer_ float => float_ string => string_ 2. init na requires explicit type declaration float a = na color col = na 3. persistent var init (optional): s = na s := nz(s , s) // or s := na(s ) ? 0 : s // can be replaced with var s var s = 0 s := s + 1 ___________________________________________________________ Key features of Pinescript v4 (FYI): 1. optional explicit type declaration/conversion (you still can't cast series to int) float s 2. persistent var modifier var s var float s 3. string series - persistent strings now can be used in cond and output to screen dynamically 4. label and line objects - can be dynamically created, deleted, modified using get/set functions, moved before/after the current bar - can be in if or a function unlike plot - max limit: 50-55 label, and 50-55 line drawing objects in addition to already existing plots - both not affected by max plot outputs 64 - can only be used in the main chart - can serve as the only output function - at least one is required: plot, barcolor, line, label etc. - dynamic var values (including strings) can be output to screen as text using label.new and to_string str = close >= open ? "up" : "down" label.new(bar_index, high, text=str) col = close >= open ? color.green : color.red label.new(bar_index, na, "close = " + tostring(close), color=col, textcolor=color.white, style=label.style_labeldown, yloc=yloc.abovebar) // create new objects, delete old ones l = line.new(bar_index, high, bar_index , low , width=4) line.delete(l ) // free object buffer by deleting old objects first, then create new ones var l = na line.delete(l) l = line.new(bar_index, high, bar_index , low , width=4)