PIVOT BACKGROUND AND TABLE BY PRANOJIT DEYThis shows pivot trend in relation with the day open line. it makes the day bias easily understandable.
Titik pangsi dan tahap
Negative & Positive Divergence Alert System by TWTA"Negative & Positive Divergence Alert System by TWTA" is an advanced TradingView Pine Script indicator that detects bullish (positive) and bearish (negative) divergences on MACD (both classic and hidden/advanced forms), draws automatic support/resistance zones (SRv2), shows nearest S/R levels, 27-period EMA, volume filters, and gives real-time alerts + on-chart labels A-PD(Advanced Pozitive Divergence), B-PD(Base Pozitive Divergence), A-ND(Avanced Negative Divergence), B-ND(Base Negative Divergence).
Floor Trader PivotsGenerated by: Claude Sonnet 4.5
Pine Script that draws Floor Trader Pivots using 'daily' price levels with configurable options.
Key Features:
Pivot Calculation: Uses the classic formula: Pivot = (High + Low + Close) / 3
Resistance levels: R1, R2, R3
Support levels: S1, S2, S3
Optional mid-pivots between main levels
Configurable Settings:
Timeframe: Choose Daily, Weekly, or Monthly pivots
Display toggles: Show/hide individual levels
Colors: Customize each level's color
Line style: Solid, dashed, or dotted
Line width: 1-5 pixels
Extension: None, right, or both directions
Labels: Show/hide with left or right positioning
Calculations:
R1 = 2×Pivot - Low
R2 = Pivot + (High - Low)
R3 = R1 + (High - Low)
S1 = 2×Pivot - High
S2 = Pivot - (High - Low)
S3 = S1 - (High - Low)
Uses daily price levels specifically.
Added daily-specific data fetching: The script now explicitly fetches both current day and previous day's high, low, and close prices
Calculations use daily data: All pivot calculations now use prevDailyH, prevDailyL, and prevDailyC (previous day's high, low, close)
Kept the timeframe input: You can still change it if you want weekly or monthly pivots, but it now defaults to and emphasizes daily calculations
The Floor Trader Pivots will now always be based on the previous day's price action, which is the traditional method floor traders use. This is particularly useful for intraday trading as these levels update daily and provide key support/resistance zones.
ATR Trailing Stop (Long or Short Selectable)The ATR Trailing Stop (Long or Short Selectable) will start calculating on a set date that you specify. This is great because you want to trail the price from the breakout day or even after exceeding specific price level (can be your breakeven level or even to capture more of the upside after the price target is met).
Entry price: If you act at the close of the day, you can leave this value as 0 and it will take the close of the day for the initial protective stop-loss calculation. You can choose to add a value such as the pattern boundary and in that case it will subtract the initial protective stop-loss from the pattern boundary and not the close of the day. If you use a scaling in tactic during the day (buying in tranches intraday as the breakout takes place) and your average purchase price is different than the close of the day, you can also plug that number in to calculate the initial protective stop-loss.
This is a modified version as many followers asked for ATR trailing for short setups. Now you can select the Long/Short trade setup from the drop down menu.
ATR period: You can select the ATR period. It can be 10 day, 14 day or 30 day or any ATR period of your choice.
ATR Multiplier for Stop-loss: This is the multiplier that you want to trail the price with. From the highest level price reached it will trail the price with a 3 x ATR () distance. The higher the number, the wider the trailing stop-loss. A multiplier of 1 will trail the price so close that and adverse movement can result in triggering the stop-loss.
Custom Value for First day Trailing Stop: This is my favorite part. For aggressive risk management, your initial protective stop can be smaller than what the ATR Trailing Stop will use in its calculation after entry day. In this case you can take 1xATR () or even with FX and Futures you can apply 0.5xATR() as the first day to calculate initial protective stop. The protective stop turns into a trailing stop after the first day.
Advanced FVG Detector Pro📊 Advanced FVG Detector Pro - Smart Money Analysis Tool
Overview
The Advanced FVG Detector Pro is a sophisticated Pine Script v6 indicator designed to identify and track Fair Value Gaps (FVGs) with institutional-grade precision. This tool goes beyond basic gap detection by incorporating volume analysis, smart money scoring, and adaptive filtering to help traders identify high-probability trading opportunities.
What are Fair Value Gaps?
Fair Value Gaps (FVGs) are price inefficiencies that occur when the market moves so quickly that it leaves behind an imbalance or "gap" in price action. These gaps often act as magnets for future price movement as the market seeks to fill these inefficiencies. Professional traders and institutions closely monitor FVGs as they represent areas of potential support, resistance, and high-probability trade setups.
🎯 Key Features
1. Smart Money Scoring System
Proprietary algorithm that rates each FVG on a 0-100 scale Combines gap size, volume strength, price location, and trend alignment Filter out low-quality setups by setting minimum score thresholdsFocus on institutional-grade opportunities with scores above 70
2. Advanced Volume Validation
Validates FVGs with volume analysis to reduce false signals Only displays gaps formed during significant volume periods Customizable volume multiplier for different market conditions
Visual volume strength indicators on chart
3. Flexible Mitigation Options
Full Fill: Traditional complete gap closure Midpoint Touch: More aggressive entry strategy
Partial Fill: Customizable percentage-based mitigation (10-90%) Choose the strategy that matches your trading style
4. ATR-Based Adaptive Filtering
Automatically adjusts to market volatility using Average True Range Works consistently across any instrument, timeframe, or volatility regime No manual recalibration needed when switching markets Filters out noise while capturing meaningful gaps
5. Real-Time Statistics Dashboard
Live tracking of total active FVGs Bullish vs Bearish gap count Mitigation rate percentage
Average Smart Money Score Toggle on/off based on preference
6. Professional Visual Design
Clean, customizable color schemes Optional midline display for precise entry planning
Labels showing gap type, score, and volume strength Automatic extension of active gaps
Mitigated gaps change color for easy identification
📈 How to Use
For Day Traders:
Use 5-15 minute timeframes
Set ATR Multiplier to 0.15-0.25
Enable volume validation
Focus on FVGs with scores above 65
For Swing Traders:
Use 1H-4H timeframes
Set ATR Multiplier to 0.5-1.0
Use "Midpoint Touch" mitigation
Focus on FVGs with scores above 70
For Position Traders:
Use Daily timeframe
Set ATR Multiplier to 0.75-1.5
Use "Full Fill" mitigation
Focus on FVGs with scores above 75
🔧 Customization Options
Detection Settings:
Minimum FVG size percentage filter
ATR-based size filtering
Maximum number of gaps to display
Smart Money Score minimum threshold
Volume Analysis:
Volume validation toggle
Volume multiplier adjustment
Volume moving average period
Visual volume strength background
Mitigation Control:
Choose mitigation type (Full/Midpoint/Partial)
Set partial fill percentage
Auto-remove mitigated gaps
Control how long mitigated gaps remain visible
Visual Customization:
Bullish/Bearish/Mitigated colors
Show/hide midlines
Show/hide labels
Box extension length
Statistics dashboard toggle
🎓 Trading Strategy Ideas
1. FVG Retest Strategy
Wait for price to create a high-score FVG (70+)
Enter on the first retest of the gap
Place stop loss beyond the gap
Target the opposite side of the gap or next FVG
2. Confluence Trading
Combine FVGs with support/resistance levels
Look for FVGs near key moving averages (20/50 EMA)
Higher probability when FVG aligns with trendlines
Use multiple timeframe analysis
3. Breakout Confirmation
FVGs often form during strong breakouts
High-volume FVGs confirm breakout strength
Enter on mitigation of breakout FVG
Trail stops as new FVGs form in trend direction
⚡ Performance Optimizations
Efficient memory management for smooth chart performance
Optimized calculations run only once per bar
Smart array management prevents memory leaks
Works smoothly even with 100+ active FVGs
🔔 Alert System
Customizable alerts for new bullish FVGs
Customizable alerts for new bearish FVGs
Mitigation alerts for active gaps
Frequency control to avoid alert spam
💡 Pro Tips
Multi-Timeframe Approach: Identify major FVGs on higher timeframes (Daily/4H) and use lower timeframes (15M/5M) for precise entries
Volume Confirmation: The highest probability setups occur when FVGs form with 2x+ average volume
Trend Alignment: Trade FVGs in the direction of the major trend for best results
Patience Pays: Wait for price to return to the FVG rather than chasing breakouts
Risk Management: Always use stop losses beyond the FVG boundaries
📚 Educational Value
This indicator is perfect for:
Learning to identify institutional order flow
Understanding market microstructure
Developing price action trading skills
Recognizing supply and demand imbalances
Improving entry and exit timing
⚠️ Disclaimer
This indicator is a tool for technical analysis and should not be used as the sole basis for trading decisions. Always combine with proper risk management, fundamental analysis, and your own trading plan. Past performance does not guarantee future results.
🔄 Updates & Support
Regular updates will include:
Additional filtering options
Enhanced multi-timeframe analysis
More customization features
Performance improvements
📊 Best Pairs/Markets
Works excellently on:
Forex pairs (EUR/USD, GBP/USD, etc.)
Cryptocurrency (BTC, ETH, etc.)
Stock indices (SPX, NQ, etc.)
Individual stocks
Commodities (Gold, Oil, etc.)
Version Information
Version: 1.0
Pine Script: Version 6
Type: Overlay Indicator
Max Boxes: 500
Max Lines: 500
Low Volatility Breakout + TP/SL Levels█ OVERVIEW
"Low Volatility Breakout + TP/SL Levels" is a breakout indicator designed to detect and trade breakouts from periods of low volatility (consolidation). Unlike classic strategies based on fixed support/resistance levels, this indicator dynamically identifies consolidations characterized by small candle bodies and only generates a signal when the breakout occurs with a large, decisive candle. It also automatically plots 3 Take Profit levels and a Stop Loss (with two calculation modes), making it a complete breakout trading tool.
█ CONCEPTS
The strongest market moves most often start after a prolonged period of very low volatility — when candles become small and the market "falls asleep". The indicator first detects such consolidations (small bodies for at least X bars), draws a box around them, and then waits for a breakout with a candle significantly larger than the average. Additional filters (e.g., the box height cannot exceed the average candle body by too much) eliminate false consolidations and volatility traps. Immediately after the breakout, TP1, TP2, TP3, and SL levels are plotted.
█ FEATURES
Dynamic detection of low-volatility consolidations
- candles with small bodies (< average body × consolidationMultiplier)
- minimum number of bars in consolidation: confirmBars (default 5)
Automatic drawing of consolidation boxes
- green (bullish) or red (bearish) with transparent background (85)
- adjustable border thickness (border_width 1–5)
- box height filter (boxHeightMultiplier, default 6.0 × average body) – removes overly stretched/false consolidations
Breakout conditions
- current candle must be larger than average body × threshold (default 1.5)
- must be the largest candle in the entire consolidation
- must close above the highest high (long) or below the lowest low (short)
Breakout signals
- small green triangles below the bar (long)
- small red triangles above the bar (short)
Automatic Take Profit and Stop Loss levels (drawn 5 bars forward)
- two calculation modes:
• Candle Multiplier – based on average true range (high-low) over tp_sl_length period
• Percentage – fixed percentage from breakout close price (percentages must be manually adjusted to the asset and timeframe)
- 3 TP levels (default 2×, 3×, 4× or 2%, 3%, 4%)
- 1 SL level (default 2× or 1.5%)
Live TP/SL price table (top-right corner)
- displays exact current values of SL, TP1, TP2, TP3 immediately after each new signal
- colors identical to drawn lines (red background for SL, green for TP levels)
- updates automatically with every new breakout
Built-in alerts
- “Bullish Breakout Alert” and “Bearish Breakout Alert”
█ HOW TO USE
Add the indicator to your TradingView chart → Indicators → search “Low Volatility Breakout + TP/SL Levels”.
After each valid breakout you will immediately see:
- the colored box
- signal triangle
- horizontal TP/SL lines
- updated table in the top-right corner showing precise price levels for the current trade
Key settings to adjust:
Consolidation Settings
- Volatility Window (length) – period for average body calculation (default 20)
- Consolidation Multiplier – how small bodies must be to count as consolidation (default 2.0)
- Breakout Multiplier – minimum size of breakout candle (default 1.5)
- Box Height Multiplier – maximum allowed box height (default 6.0)
- Min Consolidation Bars – minimum bars required (default 5)
Risk Management Settings
- Choose TP/SL mode: Candle Multiplier or Percentage
- Adjust TP1–3 and SL multipliers/percentages to match your risk management style
Signal interpretation:
- Green triangle below bar + green box + green TP levels in table = long signal
- Red triangle above bar + red box + red SL level in table = short signal
- Boxes remain on chart until broken — they highlight accumulation/distribution zones
█ APPLICATIONS
- Trading breakouts from consolidation on all markets and timeframes
- Recommended to trade in the direction of the higher-timeframe trend or with additional confirmations (e.g., key level breaks). Aggressive mode (trading both directions) is also possible — provided box and TP/SL settings are properly optimized
- Experiment with different TP/SL ratios — higher reward-to-risk setups (e.g., SL 1×, TP3 6–8×) with lower win rate are often more profitable in the long run
- Strongly encourage testing various box parameters (consolidationMultiplier, boxHeightMultiplier, confirmBars) — small changes can dramatically affect signal frequency and quality
█ NOTES
Always test and optimize parameters for the specific instrument and timeframe.
Previous Day S&R LevelsFor intraday charts only. This shows the previous days Pivot, S1 - S3 and R1 - R3 within the current days session. Often these levels remain significant the following day.
Daily Backtest Pivots Problem with the built-in Pivot Points Standard indicator in backtesting/replay mode:
The default "Pivot Points Standard" indicator is excellent on live charts, but it becomes completely unusable for proper backtesting or bar-replay because it always calculates and displays the current day’s pivot points (P, R1, R2, S1, S2, etc.) using the high/low/close of the still-forming current day — even when you're replaying historical bars.
Example:
When replaying or backtesting September 8 at 08:00 (Asian session), the indicator already shows the final R1, R2, S1, S2 for the entire September 8 daily candle, even though in real trading at that moment you would have no idea where the day will close or what the final daily range will be. This creates massive look-ahead bias and makes any strategy that uses daily pivots impossible to test realistically.
Desired behavior (historical accuracy):
During backtesting or bar replay, the indicator should only plot:
The previous day’s completed pivot levels (which were actually known at the start of the current day)
NO current-day pivot levels at all (or only plot them after the daily candle is closed)
Many custom pivot scripts already do exactly this (they only show the prior day’s levels throughout the current day), which is why people abandon the built-in indicator for backtesting.
Pivot Move Ranges█ OVERVIEW
“Pivot Move Ranges” is an indicator that displays only the historical price ranges of moves that match the direction of the current swing.
It measures the price range of each individual swing and draws them as horizontal Δ-boxes positioned at the level of the most recently detected pivot.
The indicator operates with a delay equal to the set pivot detection length – after each new Pivot High, only red Δ-boxes appear showing the sizes of previous downward moves; after each new Pivot Low, only green Δ-boxes appear showing the sizes of previous upward moves. When the swing direction changes, the displayed set of levels instantly switches to the opposite direction.
█ CONCEPTS
The indicator was created to instantly provide the trader with objective, real historical price ranges – perfectly reinforcing classic tools such as Fibonacci extension/retracement, daily/weekly pivots, moving averages, order blocks, or Volume Profile.
It detects classic Pivot High and Pivot Low points:
- New Pivot High → only previous downward moves are shown (red Δ-boxes)
- New Pivot Low → only previous upward moves are shown (green Δ-boxes)
This ensures that at any moment you see only the historical ranges that match the current market direction. Price moves very often repeat themselves – the indicator makes these recurring levels immediately visible and ready to serve as natural reinforcement for other technical analysis tools.
█ FEATURES
- Pivot High / Pivot Low detection with adjustable length (default 12)
- Δ-boxes – thin horizontal lines showing the exact size of previous moves that match the current swing
- Automatic switching of the Δ-box set whenever a new opposite pivot appears
- Memory of the last N moves (default 6, max. 50) – oldest are automatically removed
- Labels showing move size (Δ) and start date/time
- Full color customization (separate for up and down), border and text transparency
- Choice of date format (DD.MM.YYYY or MM/DD/YYYY)
- Small circles marking the exact pivot locations
█ HOW TO USE
Add the indicator to your TradingView chart → paste the code → Add to Chart.
Settings:
- Pivot Length – higher values = fewer but more significant pivots (detected with a delay equal to this length)
- Max Corrections to Keep – how many previous matching moves are displayed at once
- Upward / Downward Box Color – colors of the Δ-boxes
- Box Border Transparency (%) – 0 = solid lines, 50–70 = subtle
- Show Δ Text + Move Start Date – turn labels on/off
Interpretation:
At any given moment the chart shows only the historical ranges of moves in the current direction:
- after a Pivot High → red Δ-boxes = “how far the market previously fell”
- after a Pivot Low → green Δ-boxes = “how far the market previously rose”
█ APPLICATIONS
- Instant reinforcement of technical levels – historical moves matching the current swing direction often coincide with Fibonacci levels, daily/weekly pivots, moving averages, or order blocks
- Fast cluster detection – set a high Max Corrections value (30–50) to see where the largest number of similarly sized moves cluster, then reduce to 6–10 and focus only on the most recent levels
█ NOTES
- On very strong trends, Δ-boxes can be extremely long – this is normal and correct behavior
- Always use as a supporting layer alongside other technical analysis tools
Libernovaq LevelsThis indicator not only marks the levels like previously. It marks the range for monthly and weekly open defined by custom timeframe by the user. // Backgound colour doesn’t work.
Trigonum ChannelThis custom indicator was created in order to analyse market movements basing on several basic methods of technical analysis
External Range Liquidity by fx4_livingExternal Range Liquidity Indicator
This indicator visualizes the evolving price range boundaries and subdivisions for a user-defined intraday session period on the chart.
It computes and displays the highest and lowest prices observed within the specified session (used as external range liquidity), updating dynamically with each bar, and includes optional midpoint and quartile levels represented by horizontal lines that adjust as the range develops.
Key Features:
Session Range Calculation: Tracks the maximum high and minimum low prices during the active session, refreshing in real-time.
Midpoint Display: Optionally plots a median level between the session high and low, with selectable styles (solid, dotted, or dashed).
Quadrant Display: Optionally segments the range into quarters by displaying levels at 25% and 75% from the low, with customizable line styles.
Color Customization: Allows selection of colors for the high boundary (default blue), low boundary (default red), midpoint (default gray), and quadrants (default gray).
Session Input: User-configurable session timeframe, defaulting to 18:00-16:14 across all weekdays and weekends, using America/New York time zone.
Timeframe Compatibility: Optimized for intraday use on charts of 30 minutes or lower; attempts to apply on higher timeframes will display an error.
Visualization Style: High and low ranges appear as stepped lines with diamond markers indicating external liquidity purges. Midpoint and quadrant lines are horizontal segments without extension for precise session representation.
Settings:
Range: Specifies the session window (e.g., "1800-1614").
High Color: Color for the upper range line.
Low Color: Color for the lower range line.
Show range mid point: Enable/disable the midpoint line.
(Midpoint color and style): Inline choices for color and line type (Solid, Dotted, Dashed).
Show range quadrants: Enable/disable both the 25% and 75% lines.
(Quadrants color and style): choices for color and line type (Solid, Dotted, Dashed).
This tool serves purely for visual analysis of session price dynamics on charts.
It offers no signals, predictions, or guidance for any market actions.
Users are encouraged to perform independent evaluations and align with their own strategies when incorporating charting elements.
Fibonacci Retrace + 50 EMA Hariss 369This indicator combines 3 concepts:
Fibonacci retracement zones
50 EMA trend filter
Price interaction with specific Fib zones to generate Buy/Sell signals
Let’s break everything down in simple language.
1. Fibonacci Retracement Logic
The script finds:
Most recent swing high
Most recent swing low
Using these two points, it draws Fibonacci levels:
Fibonacci Levels Used
Level Meaning Calculation
0% Swing Low recentLow
38.2% Light retracement high - (range × 0.382)
50% Mid retracement high - (range × 0.50)
61.8% Deep retracement high - (range × 0.618)
100% Swing High recentHigh
🔍 Why only these levels?
Because trading signals are generated based ONLY on:38.2%, 50%,61.8%
These 3 levels define the golden retracement zones.
2. Trend Filter — 50 EMA
A powerful rule:
Trend Up (bullish)
➡️ Price > 50 EMA
Trend Down (bearish)
➡️ Price < 50 EMA
This prevents signals against the main trend.
3. BUY Conditions (Retracement + EMA)
A BUY signal appears when:
Price is above the 50 EMA (trend is up)
Price retraces into the BUY ZONE:
🔵 BUY ZONE = between 50% and 38.2% Fibonacci i.e.,close >= Fib50 AND close <= Fib38.2
This means:
Market is trending up
Price corrected to a healthy retracement level
Buyers are stepping back in
📘 Why this zone?
This is a moderate retracement (not too shallow, not too deep).
Smart money often enters at 38.2%–50% in a strong trend.
📘 BUY Signal Appears With:
Green “BUY” label
Green arrow below the candle
4. SELL Conditions (Retracement + EMA)
A SELL signal appears when:
Price is below the 50 EMA (trend is down)
Price retraces upward into the SELL ZONE:
🔴 SELL ZONE = between 50% and 61.8% Fibonacci i.e.,close <= Fib50 AND close >= Fib61.8
This means:
Market is trending down
Price made a pullback
Sellers regain control in the golden zone
📘 Why this zone?
50–61.8 retracement is the ideal bearish pullback level.
📘 SELL Signal Appears With:
Red “SELL” label
Red arrow above the candle
5. STOP-LOSS (SL) RULES
For BUY trades,
Place SL below 61.8% level.SL = Fib 61.8%
OR
more safe:SL = swing low (Fib 0%)
For SELL trades
Place SL above 38.2% level.SL = Fib 38.2%
OR conservative:
SL = swing high (Fib 100%)
6. TAKE-PROFIT (TP) RULES
Based on common Fibonacci extensions.
BUY Trade TP Options
TP Level Meaning
TP1 Return to 38.2% Quick scalping target
TP2 Return to swing high Full trend target
TP3 Breakout above swing high Trend continuation
Practical suggestion:
TP1 = 1× risk
TP2 = 2× risk
TP3 = trailing stop
SELL Trade TP Options
TP Level Meaning
TP1 Return to 61.8% Moderate bounce
TP2 Return to swing low Trend target
TP3 Break below swing low Trend continuation
7. Recommended Trading Plan (Simple)
BUY PLAN
Price > 50 EMA (uptrend)
Enter at BUY signal in 38.2–50% zone
SL at 61.8%
TP at swing high or structure break
SELL PLAN
Price < 50 EMA (downtrend)
Enter at SELL signal in 50–61.8% zone
SL above 38.2%
TP at swing low
🟩 Summary (Very Easy to Remember)
🔵 BUY
Trend: above 50 EMA
Zone: between 50% and 38.2%
SL: below 61.8%
TP: swing high
🔴 SELL
Trend: below 50 EMA
Zone: between 50% and 61.8%
SL: above 38.2%
TP: swing low
MRC Supply & Demand Zones by rnd🚀 MRC Supply & Demand Zones: Professional Reversal & Liquidity Detection
MRC Supply & Demand Zones is a premium hybrid trading tool combining two of the most powerful concepts in technical analysis: Mean Reversion and Volume Profile.
This indicator doesn’t just show arrows — it provides deep market context by defining dynamic volatility channels and hidden supply & demand zones based on real volume data from lower timeframes.
🔥 Key Features
1. MRC (Mean Reversion Channel)
At the core lies the SuperSmoother MA (SSMA) — a next-generation moving average that eliminates market noise significantly more effectively than standard SMAs or EMAs, while maintaining minimal lag.
Logic: Price always tends to return to its mean. The indicator constructs dynamic channels (Inner and Outer) around the SSMA based on volatility (True Range).
Signals:
Long (Buy): Price extends beyond the lower outer boundary (oversold) and closes back above it.
Short (Sell): Price extends beyond the upper outer boundary (overbought) and closes back below it.
2. Supply & Demand Zones
This is not just drawing levels based on simple highs and lows. The indicator utilizes Lower Timeframe (LTF) Data to construct a detailed volume profile inside the candles.
How it works: The algorithm scans history, identifies volume imbalances, and highlights zones where major players have shown significant interest.
Visualization: Automatically draws red (Supply) and blue (Demand) rectangles that act as price magnets and strong support/resistance levels.
⚙️ Settings Guide
🔹 Block: MRC Settings (Channel Settings)
Control signal sensitivity and channel width here.
Min Range %:
What: Sets the minimum channel width as a percentage of the current price.
Why: Prevents the channel from squeezing into a "thin line" during flat markets, filtering out false signals during low volatility.
Outer Multiplier:
Default: 1.9
Role: Defines the boundaries for "extreme" overbought/oversold conditions. Higher values result in fewer, but more accurate entry signals.
Inner Multiplier:
Default: 1.0
Role: Defines the boundaries of "normal" price oscillation. Often used as the first target for taking profits (Take Profit).
SSMA Length:
Default: 200
Role: The period of the main trend line. 200 is ideal for defining the long-term trend and the global "center" of price.
Source:
Default: hlc3 (High+Low+Close / 3).
Role: The price data used for calculations.
🔹 Block: Supply & Demand Zones
Controls the liquidity search algorithm.
Supply & Demand Zones (On/Off): Toggle the display of the rectangular zones.
Threshold %: Defines how "significant" the volume must be. Adjusts the filtering of weak zones.
Supply/Demand Zones Color: Select the color and opacity for seller and buyer zones.
Profile Lookback Range:
Fixed Range: Analyzes a fixed number of recent bars.
Visible Range: Analyzes only the bars currently visible on the screen.
Lookback Length: The depth of history (number of bars) for volume analysis (works in Fixed Range mode).
Profile Number of Rows: Profile resolution. Higher numbers result in more detailed and narrower zones.
🔔 Alert System
You will never miss an entry. The indicator includes built-in conditions for creating alerts:
Long Signal: Triggers on a green triangle (upward reversal from the lower boundary).
Short Signal: Triggers on a red triangle (downward reversal from the upper boundary).
💡 Why use this indicator?
This is a ready-made "all-in-one" trading strategy. You get the trend (SSMA), volatility (MRC), and liquidity levels (S&D) in one compact script. It is perfect for scalping and day trading on any asset (Crypto, Forex, Stocks).
The Strat - Levels [rdjxyz]◆ OVERVIEW
The Strat - Levels dynamically displays key levels used in The Strat trading methodology, developed by Rob Smith. The level colors are dynamically determined by their Strat classification (1, 2 up, failed 2 up, 2 down, failed 2 down, 3)—making it easy to recognize higher timeframe Strat candle classifications from any lower timeframe.
◆ DETAILS
If you're unfamiliar with The Strat, there are 3 universal scenarios regarding candle behavior:
SCENARIO ONE
The 1 Bar - Inside Bar: A candle that doesn't take out the highs or the lows of the previous candle; aka consolidation.
SCENARIO TWO
The 2 Bar - Directional Bar: A candle that takes out one side of the previous candle; aka trending (or at least attempting to trend).
These can be broken down even further as follows:
2 Up: A candle that takes out the high of the previous candle and closes bullish
Failed 2 Up: A candle that takes out the high of the previous candle and closes bearish
2 Down: A candle that takes out the low of the previous candle and closes bearish
Failed 2 Down: A candle that takes out the low of the previous candle and closes bullish
SCENARIO THREE
The 3 Bar - Outside Bar: A candle that takes out both sides of the previous candle; aka broadening formation.
◇ HOW THE DYNAMIC LEVEL COLORING WORKS
PREVIOUS LEVELS
Previous Day High/Low
Previous Week High/Low
Previous Month High/Low
Previous Quarter High/Low
Previous Year High/Low
Each period's levels are compared to their previous period's levels and colored according to the 3 universal scenarios, which are fixed based on historical data. (No repainting)
CURRENT LEVELS
Current Day Open
Current Week Open
Current Month Open
Current Quarter Open
Current Year Open
Each current period's levels (high, low, and current price) are compared to the previous period's levels and current period's open on every tick—changing colors in real-time as their Strat classification changes. (Will repaint as price action evolves)
E.g. When a new day opens inside of the previous day's range (high/low) the Day Open line will be gray (default for inside bars). When the current day trades above the previous day's range, the Day Open line will become aqua (default for 2 up). If price trades back below the current day's open, the Day Open line will become fuchsia (default for failed 2 up). And if price trades below the previous day's range, the Day Open line will become dark purple (default for 3s).
◆ SETTINGS
Current Day Open
Previous Day High/Low
Current Week Open
Previous Week High/Low
Current Month Open
Previous Month High/Low
Current Quarter Open
Previous Quarter High/Low
Current Year Open
Previous Year High/Low
Strat Colors
Each Current Level Open has 4 inputs:
Show/Hide Checkbox
Line Style
Line Width
Label Offset (Integer)
Each Previous Level High/Low has 5 inputs:
Show/Hide High Checkbox
Show/Hide Low Checkbox
Line Style
Line Width
Label Offset (Integer)
And each Strat scenario can be custom colored:
1-Bar Color - Default Gray
2-Up Color - Default Aqua
Failed 2-Up Color - Default Fuchsia
2-Down Color - Default White
Failed 2-Down Color - Default Teal
3-Bar Color - Default Dark Purple
◆ USAGE
There are 3 ways to look at these levels:
Potential continuation (e.g. Previous Day's 2-Up High being broken by Current Day's Price)
Potential reversal (e.g. Previous Day's 2-Down High being broken by Current Day's Price)
Potential exhaustion risk (e.g. Previous Month's Low is broken by Current Day's Price but trades back up into the Previous Month's range)
It's best to use this indicator with a separate indicator that color codes your chart's candles according to their Strat Scenario (1, 2, 3) and use top-down analysis to gauge whether to view levels as a sign of continuation, reversal, or exhaustion risk.
◆ WRAP UP
As demonstrated, The Strat - Levels offers Strat Scenario color-coded key levels, making it easy to identify the previous period's Strat Scenario (1, 2-Up, Failed 2-Up, 2-Down, Failed 2-Down, or 3) without needing to manually plot levels or refer to higher timeframes.
◆ DISCLAIMER
This indicator is a tool for visual analysis and is intended to assist traders who follow The Strat methodology. As with any trading methodology, there's no guarantee of profits; trading involves a high degree of risk and you could lose all of your invested capital. Use of this indicator is not indicative of future results and does not constitute and should not be construed as investment advice. All trading decisions and investments made by you are at your own discretion and risk. Under no circumstances shall the author be liable for any direct, indirect, or incidental damages. You should only risk capital you can afford to lose.
EDGE MTF ATR Bias Matrix EDGE MTF ATR BIAS MATRIX - User Guide & Documentation
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OVERVIEW
The EDGE MTF ATR Bias Matrix is a multi-timeframe directional bias indicator
that displays dynamic support and resistance levels across six timeframes in a
compact corner panel. It uses ATR-based trailing bands to determine trend
direction and highlights key levels you should be watching for potential
entries, exits, or reversals.
Think of it as your "compass" — at a glance, you can see which direction the
market is pointing on the 5m, 15m, 30m, 1H, 4H, and Daily timeframes, along
with the critical price level to watch on each.
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HOW IT WORKS
The indicator uses a dual-band trailing stop system on each timeframe:
INNER BAND (Tighter/Faster)
• Calculated as: HL2 ± (Inner Multiplier × ATR)
• Default multiplier: 3.0
• Reacts more quickly to price changes
• Defines the "active" trend direction
OUTER BAND (Wider/Slower)
• Calculated as: HL2 ± (Outer Multiplier × ATR)
• Default multiplier: 6.0
• Provides a buffer zone / "cloud" between signals
• Represents major support/resistance levels
The two bands create a "cloud" structure:
• When Inner > Outer → Bullish Cloud (uptrend structure)
• When Inner < Outer → Bearish Cloud (downtrend structure)
Signal Logic:
▲ BULLISH (Green): Price is ABOVE the inner band in a bullish cloud
▼ BEARISH (Red): Price is BELOW the inner band in a bearish cloud
◆ NEUTRAL (Gray): Price is inside the cloud or at an inflection point
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READING THE PANEL
The panel displays three columns:
TF │ Level │ Δ
────────┼───────────
Daily │ 4,125.50 │
4H │ 4,118.25 │ 3.25
1H │ 4,115.00 │
30m │ 4,112.75 │ 1.50
15m │ 4,110.50 │
5m │ 4,108.25 │ 0.75
COLUMN 1 - TF (Timeframe)
The timeframe being analyzed
COLUMN 2 - Level
The key support/resistance level to watch
• Color indicates bias: Green = Bullish, Red = Bearish, Gray = Neutral
• This is the trailing band level that price is respecting
COLUMN 3 - Δ (Delta/Proximity)
Distance from current price to the key level
• Only appears when price is within the Proximity Threshold
• Yellow color draws attention to nearby levels
• Helps you spot imminent tests of support/resistance
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WHAT TO LOOK FOR
1. CONFLUENCE OF BIAS
When multiple timeframes show the same color (all green or all red), the
directional bias is strong. Trade with the trend.
Example: Daily, 4H, 1H, and 30m all GREEN = Strong bullish environment
→ Look for long entries on pullbacks to the displayed levels
2. DIVERGENCE BETWEEN TIMEFRAMES
When higher timeframes disagree with lower timeframes, expect choppy
conditions or potential reversals.
Example: Daily RED but 15m and 5m GREEN = Short-term bounce in downtrend
→ Approach longs with caution; these may be counter-trend trades
3. PROXIMITY ALERTS (Δ Column)
When you see a value in the Δ column, price is close to that timeframe's
key level. This is where you should pay attention for:
• Bounces (level holds = continuation)
• Breaks (level fails = potential reversal or acceleration)
4. LEVEL CLUSTERING
When multiple timeframe levels are near each other, that zone becomes
significant. Price often reacts strongly at these areas.
Example: If 1H shows 4,115 and 30m shows 4,114, that 4,114-4,115 zone
is a high-probability reaction area.
5. TREND ALIGNMENT FOR ENTRIES
For highest-probability trades:
• Ensure at least the 1H and 4H (or Daily) agree on direction
• Use lower timeframe (5m/15m) levels for entry timing
• Place stops beyond the next timeframe's level
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CONFIGURABLE SETTINGS
═══ Color Theme ═══
Bullish Default: Green (#4CAF50, 30% transparency)
Color used when bias is bullish
Bearish Default: Red (#F44336, 0% transparency)
Color used when bias is bearish
Neutral Default: Gray (#ECEFF1, 30% transparency)
Color used when price is in the cloud/neutral zone
═══ Display Settings ═══
Panel Location Default: Top Right
Choose where the panel appears on your chart
Options: Top Left, Top Center, Top Right,
Bottom Left, Bottom Center, Bottom Right
Sort Highest Default: ON (checked)
TF First When ON: Daily at top, 5m at bottom
When OFF: 5m at top, Daily at bottom
Choose based on your trading style preference
Proximity Default: 10.5
Threshold How close price must be to a level before the Δ column
shows the distance
• For index futures (ES, NQ): 10-15 points works well
• For forex: 0.0010-0.0050 (10-50 pips)
• For stocks: Adjust based on typical ATR
• Set to 0 to disable proximity alerts
Text Size Default: Small
Options: Tiny, Small, Normal, Large
Adjust based on your screen size and preference
═══ Algorithm Parameters ═══
ATR Lookback Default: 10
Number of bars used to calculate ATR
• Lower values (5-8): More reactive to recent volatility
• Higher values (14-20): Smoother, less reactive
Range: 1-50
Inner Band Default: 3.0
Multiplier Controls the tighter/faster trailing band
• Lower values: Tighter stops, more signals, more whipsaws
• Higher values: Wider stops, fewer signals, smoother trends
Range: 0.5-10.0 (step 0.5)
Outer Band Default: 6.0
Multiplier Controls the wider/slower trailing band
• Should always be larger than Inner Multiplier
• Creates the "buffer zone" between trend states
• Larger values = bigger neutral zones
Range: 1.0-20.0 (step 0.5)
─────────────────────────────────────────────────────────────
RECOMMENDED CONFIGURATIONS
FOR SCALPING (Fast/Aggressive):
• ATR Lookback: 7
• Inner Multiplier: 2.0
• Outer Multiplier: 4.0
• Proximity Threshold: 5.0
FOR DAY TRADING (Balanced):
• ATR Lookback: 10 (default)
• Inner Multiplier: 3.0 (default)
• Outer Multiplier: 6.0 (default)
• Proximity Threshold: 10.5 (default)
FOR SWING TRADING (Smooth/Patient):
• ATR Lookback: 14
• Inner Multiplier: 4.0
• Outer Multiplier: 8.0
• Proximity Threshold: 20.0
─────────────────────────────────────────────────────────────
TIPS FOR BEST RESULTS
1. Use this indicator as a BIAS tool, not an entry signal
It tells you which direction to favor — you still need price action,
order flow, or another method to time entries.
2. Respect higher timeframe bias
Even if 5m and 15m turn bullish, if Daily is bearish, those longs are
counter-trend. Size smaller and take profits quicker.
3. Watch for color changes on your trading timeframe
A flip from green to gray (or red) is an early warning that momentum
may be shifting.
4. The displayed levels are dynamic
They trail price during trends but lock in during pullbacks. This is
by design — the levels only move in the direction of the trend.
5. Combine with volume or momentum
This indicator shows structure. Pair it with volume analysis or a
momentum oscillator to confirm strength of moves.
─────────────────────────────────────────────────────────────
TIMEFRAMES ANALYZED
The indicator automatically pulls data from these fixed timeframes regardless
of what chart timeframe you're viewing:
• 5 Minute (5m) — Micro structure, scalp timing
• 15 Minute (15m) — Intraday swings
• 30 Minute (30m) — Intraday trend
• 1 Hour (1H) — Day trading bias
• 4 Hour (4H) — Swing trading bias
• Daily (1D) — Overall trend direction
─────────────────────────────────────────────────────────────
TROUBLESHOOTING
Panel not showing?
→ Make sure you're viewing on a timeframe equal to or lower than 5m
→ Check that the panel location isn't obscured by other indicators
All levels showing gray/neutral?
→ This can happen during ranging/consolidating markets
→ The multipliers may need adjustment for the instrument's volatility
Levels seem too far from price?
→ Reduce the Inner and Outer Multipliers
→ The defaults work well for index futures but may need tuning for
lower-volatility instruments
Proximity column never shows values?
→ Increase the Proximity Threshold setting
→ Current default (10.5) may be too tight for your instrument
Psychological Price Level GBPJPY (.250 / .750)This indicator is designed for GBPJPY traders who work with precision and smart-money-based analysis. It automatically plots psychological price levels at .250 and .750, which are known institutional reference points that often influence market structure, price reactions, and liquidity behavior. Unlike typical round-number indicators, this tool focuses specifically on quarter levels, which are frequently used by algorithms, banks, and experienced institutional traders.
Fixed and Reliable Levels
As price evolves, the levels update automatically and remain fixed on the chart without shifting when you scroll. This ensures that the levels always stay anchored to relevant market structure, making them reliable reference points for planning entries, targets, or stop placements.
Customization
The indicator allows full customization. You can freely adjust the line color, line thickness, and line style to match your personal trading chart layout. You can also choose whether lines extend left, right, or both directions, making the tool flexible enough to fit minimalist or highly marked-up workspaces.
Why These Levels Matter
In smart money trading approaches, the .250 and .750 levels often act as magnetic zones. Price frequently gravitates toward them to test liquidity or engineer traps before continuing its move. These levels may serve as rejection points, breakout confirmation zones, or take-profit areas depending on the broader context. Because they frequently align with order blocks, fair value gaps, and market structure shifts, they can add meaningful confluence to directional bias and trade timing.
Who Can Benefit
This tool is particularly useful for scalpers, day traders, and swing traders who base decisions on liquidity behavior and institutional logic. It works well on any timeframe and complements concepts such as premium and discount models, inefficiencies, fair value gaps, and volume imbalances. Many traders find that these price levels help them identify reactions earlier, refine entries, and improve confidence when executing trades.
Final Note
If this indicator supports your trading workflow, feel free to leave a comment or mark it as a favorite + give it a BOOST . Your feedback helps guide future improvements and ensures the tool continues evolving for serious GBPJPY traders.
Happy trading — and stay precise. 🚀📊
EDGE Session LevelsEDGE Session Levels - Comprehensive Intraday Reference Tool
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OVERVIEW:
EDGE Session Levels automatically plots the most critical price levels that professional traders reference throughout the trading day. This indicator eliminates the need to manually draw or track key session levels, giving you instant visual reference points for support, resistance, and market context.
Designed primarily for futures indices traders (ES, NQ, YM, RTY), this indicator comes pre-configured with the correct session times for equity index futures. However, all time windows are fully customizable, making it adaptable for any futures product including Gold, Crude Oil, Bonds, Stock and more.
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KEY FEATURES
▸ PRIOR SESSION LEVELS (Yesterday's High & Low)
Displays the previous day's RTH (Regular Trading Hours) high and low. These are among the most watched levels by institutional traders and frequently act as support/resistance zones.
▸ CASH SESSION CLOSE
Plots yesterday's closing price at the end of Regular Trading Hours (default: 3:15 PM CT / 4:15 PM ET). This level represents the final price where cash equity market participants ended their trading day and is a key reference for overnight gap analysis and mean reversion strategies.
▸ CASH SESSION OPEN
Marks today's opening price when the cash equity market opened (default: 8:30 AM CT / 9:30 AM ET). The cash open is a critical level as it represents the first price where stock market participants could execute trades, often leading to significant reactions at this level throughout the session. This time window is fully configurable for traders of other products with different pit open times.
▸ GLOBEX HIGH/LOW (Overnight Range)
Tracks and displays the overnight session's high and low. These levels update dynamically during the Globex session and become fixed once RTH begins. The overnight range often contains price during slower trading periods and breakouts from this range can signal directional momentum.
▸ INITIAL BALANCE (First Hour High/Low)
Captures and displays the high and low of the first hour of trading (8:30-9:30 AM CT). The Initial Balance is a cornerstone of Market Profile theory and is used to gauge whether the market is likely to trend or remain range-bound for the session.
▸ OPENING RANGE BOX
Draws a visual box representing the first 30 seconds of the RTH session. This micro-range can act as an early indication of opening sentiment and potential breakout direction.
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HOW TO USE THIS INDICATOR
SUPPORT & RESISTANCE
All plotted levels serve as potential support and resistance zones. Watch for price reactions, rejections, or breakouts at these levels to inform your trading decisions.
MARKET CONTEXT
• Trading above prior session levels = bullish context
• Trading below prior session levels = bearish context
• Trading within the overnight range = consolidation/balance
• Breaking out of overnight range = potential trend initiation
INITIAL BALANCE STRATEGY
• Price accepting above IB High = bullish bias for the session
• Price accepting below IB Low = bearish bias for the session
• Price remaining within IB = balanced/rotational day expected
CASH LEVELS
The Cash Open and Cash Close levels are particularly important because they represent where equity market participants (not just futures traders) began and ended their activity. Large institutions often reference these levels for portfolio rebalancing and hedging.
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CONFIGURATION OPTIONS
Each level group includes the following customization options:
• Display Toggle - Show or hide the entire level group
• Tags Toggle - Show or hide the text labels
• Color Selection - Customize the color of each line
• Line Style - Choose between solid, dashed, or dotted lines
• Line Thickness - Adjust width from 1-4 pixels
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SESSION TIME SETTINGS
DEFAULT SETTINGS (Equity Index Futures - ES, NQ, YM, RTY):
• Cash Open Window: 08:30-08:31 (8:30 AM CT / 9:30 AM ET)
• Cash Close Window: 15:15-15:16 (3:15 PM CT / 4:15 PM ET)
• Opening Range: 08:30-08:31
• Regular Hours: 08:30-15:15
• Initial Balance: 08:30-09:30
ADJUSTING FOR OTHER PRODUCTS:
If you trade products other than equity index futures, you will need to adjust the session times to match your product's trading hours.
Gold Futures (GC):
• Pit Open: 07:20 CT (8:20 AM ET)
• Adjust Cash Open Window to: 07:20-07:21
Crude Oil Futures (CL):
• Pit Open: 08:00 CT (9:00 AM ET)
• Adjust Cash Open Window to: 08:00-08:01
Treasury Futures (ZB, ZN):
• Pit Open: 07:20 CT (8:20 AM ET)
• Adjust Cash Open Window to: 07:20-07:21
Note: All times in TradingView use the exchange timezone. For CME products, this is Central Time (CT). Adjust the 4-digit time codes accordingly for your specific product and exchange.
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LEVEL LABELS REFERENCE
• YHi - Yesterday's High
• YLo - Yesterday's Low
• CashCl - Yesterday's Cash Session Close
• CashOpen - Today's Cash Session Open
• ONH - Overnight High (Globex High)
• ONL - Overnight Low (Globex Low)
• IBH - Initial Balance High
• IBL - Initial Balance Low
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TIMEFRAME RECOMMENDATIONS
This indicator is designed for intraday timeframes. Recommended usage:
• 1-minute to 15-minute charts: All features fully functional
• Hourly charts: Most features work; Opening Range Box may not display
• Daily and above: Indicator will not display (levels are intraday concepts)
For best results, use on 5-minute or 15-minute charts where all levels are clearly visible and price interaction can be easily observed.
═════════════════════════════════════════════════════════════
NOTES
• All levels automatically reset at the start of each new session
• Overnight High/Low levels update dynamically during Globex hours
• The Opening Range Box extends throughout the RTH session for visual reference
• Initial Balance levels appear after the first hour of trading completes
CVD – Visible Range Candles & Line (Cumulative Delta Volume)Disclaimer:
This indicator is provided for informational and educational purposes only. It does not constitute investment advice, trading advice, or a recommendation to buy or sell any financial instrument. The author assumes no liability for any losses, damages, or errors arising from use or misuse of this script. Please test thoroughly and use at your own risk.
________________________________________________________________________________
Purpose
This indicator provides a fast and clear visualization of Cumulative Delta Volume (CVD) for the currently visible chart range in TradingView. It helps traders identify buy/sell volume pressure and market sentiment over any custom timeframe, with full control over reset intervals and chart style.
Key Features
CVD by Visible Bars: Dynamically calculates CVD only for bars currently visible on the chart, so scrolling and zooming always rescale the line and candles to your view.
Style Selection: Choose line or candlestick display. Candles include both standard OHLC and optional Heikin Ashi smoothing.
Automatic Resets: Restart CVD accumulation at the beginning of every day, week, month, or quarter. Choose ‘None’ for ongoing accumulation.
Fully Custom Colors: Line color, candle body, wick, border – all optimized for clarity and customizable via the indicator’s Style tab.
Autoscale Support: Always fits your timeframe. No need to adjust scale manually.
Zero-Level Reference: Includes a horizontal zero line for quick reversal detection.
Input Parameters
Style: "Line" or "Candles" – controls visual type
Heikin Ashi candles: Enable smoothing for candle view
Show Line: Toggle CVD line visibility
Reset CVD: Options: None, Daily, Weekly, Monthly, Quarterly
How To Use
Add the indicator to your TradingView chart.
Select your preferred visual style (Line or Candles).
Choose reset frequency based on your trading timeframe.
Customize colors in the Style tab (line, candle up/down, wick, border).
Scroll or zoom on the chart – the indicator’s range always fits the currently visible bars.
Typical Use Cases
Intraday traders tracking open/close session volume delta
Swing traders identifying quarterly or monthly market accumulations
Visualizing buy/sell pressure divergence at reversal points
Comparing volume sentiment across flexible chart intervals
Formula
Delta calculation: Delta=volume×(sign(close−open))
Accumulation: Resets at user-chosen intervals, CVD plotted for only visible bars
Author
Created by Ronen Cohen
Morpheus Trade OffThe Morpheus Trade Off Indicator is a versatile macroeconomic oscillator designed to provide a clear, quantitative view of key economic data such as inflation and unemployment, helping traders and analysts anticipate central bank actions. Below is a detailed explanation of how to set up, read, and interpret the indicator for operational use.
1. Setting Up the Indicator
Select the ticker:
Choose the economic data you want to monitor. Common examples include:
USIRYY – U.S. annual inflation (YoY)
USUR – U.S. unemployment rate
USNFP – Non-Farm Payrolls (absolute number)
You can also select symbols from other economies (e.g., CAIRYY, CAUR, CA60) or even non-macro assets like GOLD to analyze correlated markets.
Set the “Analyzed Data” period:
This defines the lookback period for the indicator. Typical settings:
52 months – long-term, macro-scale analysis
12 months – annual perspective, capturing standard deviations relative to the past year
Adjust threshold levels:
Default operational thresholds are 20 and 80 on the percent rank scale. These define zones of attention:
Values above 80 indicate historically high readings (inflation spikes, very low unemployment, etc.)
Values below 20 indicate historically low readings (disinflation, weak labor market)
2. How the Indicator Works
The indicator calculates the average of the last N releases (as set in “Analyzed Data”) and then measures the latest release relative to this history.
It combines absolute levels with rate of change, highlighting rapid accelerations or decelerations in economic conditions.
The result is normalized into a percent rank from 0 to 100:
0–20: very low readings
20–80: normal/mid-range readings
80–100: very high readings
⚠ Important : USNFP is an absolute number, not a percentage. The oscillator treats it differently from rate-based data. Only the actual flow of data is considered; expectations or forecasts are not included in the calculation.
3. Reading the Indicator
Identify extreme zones:
If unemployment > 80 and inflation < 20, this signals a likely shift toward expansionary (dovish) policy.
If inflation > 80 and unemployment < 20, the signal points toward restrictive (hawkish) policy.
Monitor speed and direction:
Rapid changes, even if the absolute value is moderate, may indicate that central banks are about to react.
Contextualize with accumulation phases:
The indicator is particularly effective when underlying markets show gentle, orderly trends (e.g., equity accumulation phases), allowing traders to anticipate directional opportunities.
4. Operational Considerations
Timeframe: Designed for monthly data, but symbols with continuous quotes can be used on lower timeframes for intermarket analysis.
Cross-market application: You can monitor related assets (e.g., GOLD for macro signals that may influence SILVER or other correlated markets).
Threshold alerts: Use the 20/80 percent rank thresholds to create visual or automated alerts for attention zones.
Risk management: The indicator provides context, not trade signals. Proper position sizing, risk management, and execution discipline are essential when acting on its insights.
5. Key Takeaways
The Morpheus Trade Off Indicator transforms raw macroeconomic releases into actionable, normalized signals.
It allows a quantitative understanding of central bank pressures, combining both absolute levels and momentum of economic variables.
It is flexible, applicable across economies, indices, and even correlated commodities, providing a bridge between macro trends and operational trading.
Always interpret within the broader context: market structure, trend, and risk management remain critical to applying insights effectively.
Important Reading Note :
The Morpheus Trade Off Indicator must be read on the monthly timeframe when monitoring monthly macroeconomic data such as inflation (USIRYY/CAIRYY) or unemployment (USUR/CAUR). Using lower timeframes for these monthly releases will distort the calculation and the percent rank, producing misleading signals. Always ensure that the chart timeframe matches the frequency of the underlying economic data.
BETA ZONES v1.0BETA ZONES v1.0 Indicator
Overview
BETA ZONES v1.0 is a comprehensive technical analysis tool designed for TradingView, combining an EMA-based ribbon with dynamic glow zones, structural pivot detection, and real-time ATR visualization. This overlay indicator helps traders identify trends, support/resistance zones, and potential breakout points by blending moving averages, volatility-based shading, and pivot structures. It's particularly useful for trend-following strategies, swing trading, and confirming market reversals on any timeframe or asset, including those using Heikin Ashi candles (as it incorporates real close data to bypass transformations).
The indicator emphasizes visual clarity with color-coded elements: bullish trends in shades of green/lime and bearish in red/maroon. It includes customizable toggles for each component, allowing users to focus on specific features without cluttering the chart.
Key Features
• EMA Ribbon & Glow System:
o Displays a ribbon formed by three EMAs (5, 20, and 50 periods) with gradient fills between them, colored based on trend strength.
o A dynamic "glow" zone around the 50-period EMA, calculated using ATR (Average True Range), acts as a volatility-based support (bullish) or resistance (bearish) band. The glow expands/contracts with market volatility, providing a visual buffer for potential price reactions.
o Real Close Dot: A small circle plotted at the actual closing price of each bar (sourced from standard candles), aiding in precise data verification even on transformed charts like Heikin Ashi.
• Structural Pivots:
o Automatically detects and labels confirmed pivot highs and lows using customizable symbols (e.g., arrows, dots, or curves).
o Draws breakout lines connecting pivots to the bar where structure is broken (Break of Structure - BOS), highlighting bullish (green) or bearish (red) shifts.
o Pivots are trend-aware: In uptrends, it tracks higher highs/lows until a downside break; in downtrends, lower highs/lows until an upside break.
• Real ATR Display:
o A compact table at the bottom-center of the chart showing the current 14-period ATR value (calculated on real data), useful for gauging volatility and setting stop-losses or targets.
How It Works
• EMA Ribbon Logic: The fast EMA (5) is compared to the mid (20), and mid to slow (50), to determine sub-trends. Price relative to the slow EMA sets the overall bullish/bearish bias. Fills create a "ribbon" effect, with colors intensifying in strong trends.
• Glow Zone: Uses a user-defined ATR length and multiplier to create upper/lower bands around the slow EMA. The glow is one-sided: below for bullish (support) and above for bearish (resistance), with semi-transparent shading for easy price overlay.
• Pivot Detection: Tracks the current trend direction (up or down) and reference high/low from the last confirmed pivot. A breakout (close crossing the reference level) confirms a new pivot, labels it, and optionally draws a line to the breakout bar. Bar coloring (yellow) highlights breakout candles.
• Data Handling: All calculations use real close prices via request.security to ensure accuracy on non-standard chart types.
Settings and Customization
The indicator is divided into intuitive input groups for easy configuration:
1. EMA Ribbon & Glow:
o Show EMA Ribbon & Glow: Master toggle to enable/disable the entire ribbon and glow (default: true). Note: Real Close Dot is independent.
o ATR Length (Glow): Lookback for ATR calculation (default: 3; higher = smoother glow).
o ATR Multiplier (Glow Size): Scales the glow width (default: 0.15; higher = wider zone).
o Show Real Close Dot: Toggle for the orange dot at real closes (default: true).
o Real Close Dot Color: Customize the dot's color (default: orange).
2. Structural Pivots:
o Show Pivot Labels: Toggle visibility of high/low symbols (default: true).
o Pivot Symbol Style: Choose from pairs like "︽ ︾" (low/high) or "•" (dots) (default: "•").
o Label Size: Adjust symbol size (Tiny to Huge; default: Normal).
o Pivot High/Low Label Colors: Set colors for labels (default: white).
o Show Breakout Lines: Toggle lines from pivot to breakout (default: true).
o Line Width: Thickness of breakout lines (default: 2).
o Line Style: Solid, Dashed, or Dotted (default: Solid).
o Resistance Break Line (Bullish): Color for upside breaks (default: green).
o Support Break Line (Bearish): Color for downside breaks (default: red).
No additional inputs are required for the ATR table, as it's always displayed on the last bar for quick reference.
Usage Tips
• Trend Identification: Use the EMA ribbon colors to gauge momentum—full green for strong bulls, red for bears. The glow zone can act as a dynamic entry/exit area (e.g., buy near bullish glow support).
• Breakout Trading: Watch for pivot labels and BOS lines as signals for trend reversals. Combine with volume or other indicators for confirmation.
• Volatility Awareness: The displayed ATR(14) helps in position sizing; for example, set stops at 1-2x ATR from entry.
• Chart Compatibility: Works best on candlestick or Heikin Ashi charts. For lower timeframes, reduce ATR length for faster reactivity; increase for higher timeframes.
• Limitations: Pivots are reactive and may lag in ranging markets. Glow is based on historical ATR, so it doesn't predict future volatility.
This indicator is in beta (v1.0) and open to feedback for improvements. Add it to your chart via TradingView's indicator search and experiment with settings to fit your strategy!
DCA + Liquidation LevelsThe indicator combines a Dollar-Cost Averaging (DCA) strategy after downtrends with liquidation level detection, providing comprehensive market analysis.
📈 Working Principle
1. DCA Strategy Foundation
EMA 50 and EMA 200 - used as primary trend indicators
EMA-CD Histogram - difference between EMA50 and EMA200 with signal line
BHD Levels - dynamic support/resistance levels based on volatility
2. DCA Entry Logic
pinescript
// Entry Conditions
entry_condition1 = nPastCandles > entryNumber * 24 * 30 // Monthly interval
entry_condition2 = emacd < 0 and hist < 0 and hist > hist // Downtrend reversal
ENTRY_CONDITIONS = entry_condition1 and entry_condition2
Entry triggers when:
Specified time has passed since last entry (monthly intervals)
EMA-CD is negative but showing reversal signs (histogram increasing)
Market is emerging from downtrend
3. Price Zone Coloring System
pinescript
// BHD Unit Calculation
bhd_unit = ta.rma(high - low, 200) * 2
price_level = (close - ema200) / bhd_unit
Color Zones:
🔴 Red Zone: Level > 5 (Extreme Overbought)
🟠 Orange Zone: Level 4-5 (Strong Overbought)
🟡 Yellow Zone: Level 3-4 (Overbought)
🟢 Green Zone: Level 2-3 (Moderate Overbought)
🔵 Light Blue: Level 1-2 (Slightly Overbought)
🔵 Blue: Level 0-1 (Near EMA200)
🔵 Dark Blue: Level -1 to -4 (Oversold)
🔵 Extreme Blue: Level < -4 (Extreme Oversold)
4. Liquidation Levels Detection
pinescript
// Open Interest Delta Analysis
OI_delta = OI - nz(OI )
OI_delta_abs_MA = ta.sma(math.abs(OI_delta), maLength)
Liquidation Level Types:
Large Liquidation Level: OI Delta ≥ 3x MA
Middle Liquidation Level: OI Delta 2x-3x MA
Small Liquidation Level: OI Delta 1.2x-2x MA
Leverage Calculations:
5x, 10x, 25x, 50x, 100x leverage levels
Both long and short liquidation prices
⚙️ Technical Components
1. Moving Averages
EMA 50: Short-term trend direction
EMA 200: Long-term trend foundation
EMA-CD: Momentum and trend strength measurement
2. BHD Levels Calculation
pinescript
bhd_unit = ta.rma(high - low, 200) * 2
bhd_upper = ema200 + bhd_unit * N // Resistance levels
bhd_lower = ema200 - bhd_unit * N // Support levels
Where N = 1 to 5 for multiple levels
3. Open Interest Integration
Fetches Binance USDT perpetual contract OI data
Calculates OI changes to detect large position movements
Identifies potential liquidation clusters
🔔 Alert System
Zone Transition Alerts
Triggers: When price moves between different BHD zones
Customizable: Each zone alert can be enabled/disabled individually
Information: Includes exact level, price, and EMA200 value
Alert Types Available:
🔴 Red Zone Alert
🟠 Orange Zone Alert
🟡 Yellow Zone Alert
🟢 Green Zone Alert
🔵 Light Blue Zone Alert
🔵 Blue Zone Alert
🔵 Dark Blue Zone Alert
🔵 Extreme Blue Zone Alert
🎨 Visual Features
1. Candle Coloring
Real-time color coding based on price position relative to EMA200
Immediate visual identification of market conditions
2. Level Displays
EMA lines (50 & 200)
BHD support/resistance levels
Liquidation level lines with different styles based on significance
3. Entry Markers
Green upward labels below bars indicating DCA entry points
Numbered sequentially for tracking
📊 Input Parameters
DCA Settings
Start/End dates for backtesting
EMA periods customization
Liquidation Levels Settings
MA Length for OI Delta
Threshold multipliers for different liquidation levels
Display toggles for lines and histogram
Alert Settings
Individual zone alert enable/disable
Customizable sensitivity
🔧 Usage Recommendations
For DCA Strategy:
Enter positions at marked DCA points after downtrends
Use BHD levels for position sizing and take-profit targets
Monitor zone transitions for market condition changes
For Liquidation Analysis:
Watch for price approaches to liquidation levels
Use histogram for density of liquidation clusters
Combine with zone analysis for entry/exit timing
⚠️ Limitations
Data Dependency: Requires Binance OI data availability
Market Specific: Optimized for cryptocurrency markets
Timeframe: Works best on 1H+ timeframes for reliable signals
Volatility: BHD levels may need adjustment for different volatility regimes
🔄 Updates and Maintenance
Regular compatibility checks with TradingView updates
Performance optimization for different market conditions
User feedback incorporation for feature improvements
This indicator provides institutional-grade market analysis combined with systematic DCA strategy implementation, suitable for both manual trading and algorithmic strategy development.






















