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Smart Money Precision Structure [BullByte]Smart Money Precision Structure Advanced Market Structure Analysis Using Institutional Order Flow Concepts --- OVERVIEW Smart Money Precision Structure (SMPS) is a comprehensive market analysis indicator that combines six analytical frameworks to identify high-probability market structure patterns. The indicator uses multi-dimensional scoring algorithms to evaluate market conditions through institutional order flow concepts, providing traders with professional-grade market analysis. --- PURPOSE AND ORIGINALITY Why This Indicator Was Developed • Addresses the gap between retail and institutional analysis methods • Consolidates multiple analysis techniques that professionals use separately • Automates complex market structure evaluation into actionable insights • Eliminates the need for multiple indicators by providing comprehensive analysis What Makes SMPS Original • Six-Layer Confluence System - Unique combination of market regime, structure, volume flow, momentum, price action, and adaptive filtering • Institutional Pattern Recognition - Identifies smart money accumulation and distribution patterns • Adaptive Intelligence - Parameters automatically adjust based on detected market conditions • Real-Time Market Scoring - Proprietary algorithm rates market quality from 0-100% • Structure Break Detection - Advanced pivot analysis identifies trend reversals early --- HOW IT WORKS - TECHNICAL METHODOLOGY 1. Market Regime Analysis Engine The indicator evaluates five core market dimensions: • Volatility Score - Measures current volatility against 50-period historical baseline • Trend Score - Analyzes alignment between 8, 21, and 50-period EMAs • Momentum Score - Combines RSI divergence with MACD signal alignment • Structure Score - Evaluates pivot point formation clarity • Efficiency Score - Calculates directional movement efficiency ratio These scores combine to classify markets into five regimes: • TRENDING - Strong directional movement with aligned indicators • RANGING - Sideways movement with mixed directional signals • VOLATILE - Elevated volatility with unpredictable price swings • QUIET - Low volatility consolidation periods • TRANSITIONAL - Market shifting between different regimes 2. Market Structure Analysis Advanced pivot point analysis identifies: • Higher Highs and Higher Lows for bullish structure • Lower Highs and Lower Lows for bearish structure • Structure breaks when established patterns fail • Dynamic support and resistance from recent pivot points • Key level proximity detection using ATR-based buffers 3. Volume Flow Decoding Institutional activity detection through: • Volume surge identification when volume exceeds 2x average • Buy versus sell pressure analysis using price-volume correlation • Flow strength measurement through directional volume consistency • Divergence detection between volume and price movements • Institutional threshold alerts when unusual volume patterns emerge 4. Multi-Period Momentum Synthesis Weighted momentum calculation across four timeframes: • 1-period momentum weighted at 40% • 3-period momentum weighted at 30% • 5-period momentum weighted at 20% • 8-period momentum weighted at 10% Result smoothed with 6-period EMA for noise reduction. 5. Price Action Quality Assessment Each bar evaluated for: • Range quality relative to 20-period average • Body-to-range ratio for directional conviction • Wick analysis for rejection pattern identification • Pattern recognition including engulfing and hammer formations • Sequential price movement analysis 6. Adaptive Parameter System Parameters automatically adjust based on detected regime: • Trending markets reduce sensitivity and confirmation requirements • Volatile markets increase filtering and require additional confirmations • Ranging markets maintain neutral settings • Transitional markets use moderate adjustments --- COMPLETE SETTINGS GUIDE Section 1: Core Analysis Settings Analysis Sensitivity (0.3-2.0) • Default: 1.0 • Lower values require stronger price movements • Higher values detect more subtle patterns • Scalpers use 0.8-1.2, swing traders use 1.5-2.0 Noise Reduction Level (2-7) • Default: 4 • Controls filtering of false patterns • Higher values reduce pattern frequency • Increase in volatile markets Minimum Move % (0.05-0.50) • Default: 0.15% • Sets minimum price movement threshold • Adjust based on instrument volatility • Forex: 0.05-0.10%, Stocks: 0.15-0.25%, Crypto: 0.20-0.50% High Confirmation Mode • Default: True (Enabled) • Requires all technical conditions to align • Reduces frequency but increases reliability • Disable for more aggressive pattern detection Section 2: Market Regime Detection Enable Regime Analysis • Default: True (Enabled) • Activates market environment evaluation • Essential for adaptive features • Keep enabled for best results Regime Analysis Period (20-100) • Default: 50 bars • Determines regime calculation lookback • Shorter for responsive, longer for stable • Scalping: 20-30, Swing: 75-100 Minimum Market Clarity (0.2-0.8) • Default: 0.4 • Quality threshold for pattern generation • Higher values require clearer conditions • Lower for more patterns, higher for quality Adaptive Parameter Adjustment • Default: True (Enabled) • Enables automatic parameter optimization • Adjusts based on market regime • Highly recommended to keep enabled Section 3: Market Structure Analysis Enable Structure Validation • Default: True (Enabled) • Validates patterns against support/resistance • Confirms trend structure alignment • Essential for reliability Structure Analysis Period (15-50) • Default: 30 bars • Period for structure pattern analysis • Affects support/resistance calculation • Match to your trading timeframe Minimum Structure Alignment (0.3-0.8) • Default: 0.5 • Required structure score for valid patterns • Higher values need stronger structure • Balance with desired frequency Section 4: Analysis Configuration Minimum Strength Level (3-5) • Default: 4 • Minimum confirmations for pattern display • 5 = Maximum reliability, 3 = More patterns • Beginners should use 4-5 Required Technical Confirmations (4-6) • Default: 5 • Number of aligned technical factors • Higher = fewer but better patterns • Works with High Confirmation Mode Pattern Separation (3-20 bars) • Default: 8 bars • Minimum bars between patterns • Prevents clustering and overtrading • Increase for cleaner charts Section 5: Technical Filters Momentum Validation • Default: True (Enabled) • Requires momentum alignment • Filters counter-trend patterns • Essential for trend following Volume Confluence Analysis • Default: True (Enabled) • Requires volume confirmation • Identifies institutional participation • Critical for reliability Trend Direction Filter • Default: True (Enabled) • Only shows patterns with trend • Reduces counter-trend signals • Disable for reversal hunting Section 6: Volume Flow Analysis Institutional Activity Threshold (1.2-3.5) • Default: 2.0 • Multiplier for unusual volume detection • Lower finds more institutional activity • Stock: 2.0-2.5, Forex: 1.5-2.0, Crypto: 2.5-3.5 Volume Surge Multiplier (1.8-4.5) • Default: 2.5 • Defines significant volume increases • Adjust per instrument characteristics • Higher for stocks, lower for forex Volume Flow Period (12-35) • Default: 18 bars • Smoothing for volume analysis • Shorter = responsive, longer = smooth • Match to timeframe used Section 7: Analysis Frequency Control Maximum Analysis Points Per Hour (1-5) • Default: 3 • Limits pattern frequency • Prevents overtrading • Scalpers: 4-5, Swing traders: 1-2 Section 8: Target Level Configuration Target Calculation Method • Default: Market Adaptive • Three modes available: - Fixed: Uses set point distances - Dynamic: ATR-based calculations - Market Adaptive: Structure-based levels Minimum Target/Risk Ratio (1.0-3.0) • Default: 1.5 • Minimum acceptable reward vs risk • Higher filters lower probability setups • Professional standard: 1.5-2.0 Fixed Mode Settings: • Fixed Target Distance: 50 points default • Fixed Invalidation Distance: 30 points default • Use for consistent instruments Dynamic Mode Settings: • Dynamic Target Multiplier: 1.8x ATR default • Dynamic Invalidation Multiplier: 1.0x ATR default • Adapts to volatility automatically Market Adaptive Settings: • Use Structure Levels: True (default) • Structure Level Buffer: 0.1% default • Places levels at actual support/resistance Section 9: Visual Display Settings Color Theme Options • Professional (Teal/Red) - Bullish: Teal (#26a69a) - Bearish: Red (#ef5350) - Neutral: Gray (#78909c) - Best for: Traditional traders, clean appearance • Dark (Neon Green/Pink) - Bullish: Neon Green (#00ff88) - Bearish: Hot Pink (#ff0044) - Neutral: Dark Gray (#333333) - Best for: Dark theme users, high contrast • Light (Green/Red Classic) - Bullish: Green (#4caf50) - Bearish: Red (#f44336) - Neutral: Light Gray (#9e9e9e) - Best for: Light backgrounds, traditional colors • Vibrant (Cyan/Magenta) - Bullish: Cyan (#00ffff) - Bearish: Magenta (#ff00ff) - Neutral: Medium Gray (#888888) - Best for: High visibility, modern appearance Dashboard Position • Options: Top Left, Top Right, Bottom Left, Bottom Right, Middle Left, Middle Right • Default: Top Right • Choose based on chart layout preference Dashboard Size • Full: Complete information display (desktop) • Mobile: Compact view for small screens • Default: Full Analysis Display Style • Arrows : Simple directional markers • Labels : Detailed text information • Zones : Colored areas showing pattern regions • Default: Labels (most informative) Display Options: • Display Analysis Strength: Shows star rating • Display Target Levels: Shows target/invalidation lines • Display Market Regime: Shows regime in pattern labels --- HOW TO USE SMPS - DETAILED GUIDE Understanding the Dashboard Top Row - Header • SMPS Dashboard title • VALUE column: Current readings • STATUS column: Condition assessments Market Regime Row • Shows: TRENDING, RANGING, VOLATILE, QUIET, or TRANSITIONAL • Color coding: Green = Favorable, Red = Caution • Status: FAVORABLE or CAUTION trading conditions Market Score Row • Percentage from 0-100% • Above 60% = Strong conditions • 40-60% = Moderate conditions • Below 40% = Weak conditions Structure Row • Direction: BULLISH, BEARISH, or NEUTRAL • Status: INTACT or BREAK • Orange BREAK indicates structure failure Volume Flow Row • Direction: BUYING or SELLING • Intensity: STRONG or WEAK • Color indicates dominant pressure Momentum Row • Numerical momentum value • Positive = Upward pressure • Negative = Downward pressure Volume Status Row • INST = Institutional activity detected • HIGH = Above average volume • NORM = Normal volume levels Adaptive Mode Row • ACTIVE = Parameters adjusting • STATIC = Fixed parameters • Shows required confirmations Analysis Level Row • Minimum strength level setting • Pattern separation in bars Market State Row • Current analysis: BULLISH, BEARISH, NEUTRAL • Shows analysis price level when active T:R Ratio Row • Current target to risk ratio • GOOD = Meets minimum requirement • LOW = Below minimum threshold Strength Row • BULL or BEAR dominance • Numerical strength value 0-100 Price Row • Current price • Percentage change Last Analysis Row • Previous pattern direction • Bars since last pattern Reading Pattern Signals Bullish Structure Pattern • Upward triangle or "Bullish Structure" label • Star rating shows strength (★★★★★ = strongest) • Green line = potential target level • Red dashed line = invalidation level • Appears below price bars Bearish Structure Pattern • Downward triangle or "Bearish Structure" label • Star rating indicates reliability • Green line = potential target level • Red dashed line = invalidation level • Appears above price bars Pattern Strength Interpretation • ★★★★★ = 6 confirmations (exceptional) • ★★★★☆ = 5 confirmations (strong) • ★★★☆☆ = 4 confirmations (moderate) • ★★☆☆☆ = 3 confirmations (minimum) • Below minimum = filtered out Visual Elements on Chart Lines and Levels: • Gray Line = 21 EMA trend reference • Green Stepline = Dynamic support level • Red Stepline = Dynamic resistance level • Green Solid Line = Active target level • Red Dashed Line = Active invalidation level Pattern Markers: • Triangles = Arrow display mode • Text Labels = Label display mode • Colored Boxes = Zone display mode Target Completion Labels: • "Target" = Price reached target level • "Invalid" = Pattern invalidated by price --- RECOMMENDED USAGE BY TIMEFRAME 1-Minute Charts (Scalping) • Sensitivity: 0.8-1.2 • Noise Reduction: 3-4 • Pattern Separation: 3-5 bars • High Confirmation: Optional • Best for: Quick intraday moves 5-Minute Charts (Precision Intraday) • Sensitivity: 1.0 (default) • Noise Reduction: 4 (default) • Pattern Separation: 8 bars • High Confirmation: Enabled • Best for: Day trading 15-Minute Charts (Short Swing) • Sensitivity: 1.0-1.5 • Noise Reduction: 4-5 • Pattern Separation: 10-12 bars • High Confirmation: Enabled • Best for: Intraday swings 30-Minute to 1-Hour (Position Trading) • Sensitivity: 1.5-2.0 • Noise Reduction: 5-7 • Pattern Separation: 15-20 bars • Regime Period: 75-100 • Best for: Multi-day positions Daily Charts (Swing Trading) • Sensitivity: 1.8-2.0 • Noise Reduction: 6-7 • Pattern Separation: 20 bars • All filters enabled • Best for: Long-term analysis --- MARKET-SPECIFIC SETTINGS Forex Pairs • Minimum Move: 0.05-0.10% • Institutional Threshold: 1.5-2.0 • Volume Surge: 1.8-2.2 • Target Mode: Dynamic or Market Adaptive Stock Indices (ES, NQ, YM) • Minimum Move: 0.10-0.15% • Institutional Threshold: 2.0-2.5 • Volume Surge: 2.5-3.0 • Target Mode: Market Adaptive Individual Stocks • Minimum Move: 0.15-0.25% • Institutional Threshold: 2.0-2.5 • Volume Surge: 2.5-3.5 • Target Mode: Dynamic Cryptocurrency • Minimum Move: 0.20-0.50% • Institutional Threshold: 2.5-3.5 • Volume Surge: 3.0-4.5 • Target Mode: Dynamic • Increase noise reduction --- PRACTICAL APPLICATION EXAMPLES Example 1: Strong Trending Market Dashboard Reading: • Market Regime: TRENDING • Market Score: 75% • Structure: BULLISH, INTACT • Volume Flow: BUYING, STRONG • Momentum: +0.45 Interpretation: • Strong uptrend environment • Institutional buying present • Look for bullish patterns as continuation • Higher probability of success • Consider using lower sensitivity Example 2: Range-Bound Conditions Dashboard Reading: • Market Regime: RANGING • Market Score: 35% • Structure: NEUTRAL • Volume Flow: SELLING, WEAK • Momentum: -0.05 Interpretation: • No clear direction • Low opportunity environment • Patterns are less reliable • Consider waiting for regime change • Or switch to a range-trading approach Example 3: Structure Break Alert Dashboard Reading: • Previous: BULLISH structure • Current: Structure BREAK • Volume: INST flag active • Momentum: Shifting negative Interpretation: • Trend reversal potentially beginning • Institutional participation detected • Watch for bearish pattern confirmation • Adjust bias accordingly • Increase caution on long positions Example 4: Volatile Market Dashboard Reading: • Market Regime: VOLATILE • Market Score: 45% • Adaptive Mode: ACTIVE • Confirmations: Increased to 6 Interpretation: • Choppy conditions • Parameters auto-adjusted • Fewer but higher quality patterns • Wider stops may be needed • Consider reducing position size Below are a few chart examples of the Smart Money Precision Structure (SMPS) indicator in action. • Example 1 – Bullish Structure Detection on SOLUSD 5m • Example 2 – Bearish Structure Detected with Strong Confluence on SOLUSD 5m --- TROUBLESHOOTING GUIDE No Patterns Appearing Check these settings: • High Confirmation Mode may be too restrictive • Minimum Strength Level may be too high • Market Clarity threshold may be too high • Regime filter may be blocking patterns • Try increasing sensitivity Too Many Patterns Adjust these settings: • Enable High Confirmation Mode • Increase Minimum Strength Level to 5 • Increase Pattern Separation • Reduce Sensitivity below 1.0 • Enable all technical filters Dashboard Shows "CAUTION" This indicates: • Market conditions are unfavorable • Regime is RANGING or QUIET • Market score is low • Consider waiting for better conditions • Or adjust expectations accordingly Patterns Not Reaching Targets Consider: • Market may be choppy • Volatility may have changed • Try Dynamic target mode • Reduce target/risk ratio requirement • Check if regime is VOLATILE --- ALERTS CONFIGURATION Alert Message Format Alerts include: • Pattern type (Bullish/Bearish) • Strength rating • Market regime • Analysis price level • Target and invalidation levels • Strength percentage • Target/Risk ratio • Educational disclaimer Setting Up Alerts • Click Alert button on TradingView • Select SMPS indicator • Choose alert frequency • Customize message if desired • Alerts fire on pattern detection --- DATA WINDOW INFORMATION The Data Window displays: • Market Regime Score (0-100) • Market Structure Bias (-1 to +1) • Bullish Strength (0-100) • Bearish Strength (0-100) • Bull Target/Risk Ratio • Bear Target/Risk Ratio • Relative Volume • Momentum Value • Volume Flow Strength • Bull Confirmations Count • Bear Confirmations Count --- BEST PRACTICES AND TIPS For Beginners • Start with default settings • Use High Confirmation Mode • Focus on TRENDING regime only • Paper trade first • Learn one timeframe thoroughly For Intermediate Users • Experiment with sensitivity settings • Try different target modes • Use multiple timeframes • Combine with price action analysis • Track pattern success rate For Advanced Users • Customize per instrument • Create setting templates • Use regime information for bias • Combine with other indicators • Develop systematic rules --- IMPORTANT DISCLAIMERS • This indicator is for educational and informational purposes only • Not financial advice or a trading system • Past performance does not guarantee future results • Trading involves substantial risk of loss • Always use appropriate risk management • Verify patterns with additional analysis • The author is not a registered investment advisor • No liability accepted for trading losses --- VERSION NOTES Version 1.0.0 - Initial Release • Six-layer confluence system • Adaptive parameter technology • Institutional volume detection • Market regime classification • Structure break identification • Real-time dashboard • Multiple display modes • Comprehensive settings ## My Final Thoughts Smart Money Precision Structure represents an advanced approach to market analysis, bringing institutional-grade techniques to retail traders through intelligent automation and multi-dimensional evaluation. By combining six analytical frameworks with adaptive parameter adjustment, SMPS provides comprehensive market intelligence that single indicators cannot achieve. The indicator serves as an educational tool for understanding how professional traders analyze markets, while providing practical pattern detection for those seeking to improve their technical analysis. Remember that all trading involves risk, and this tool should be used as part of a complete analysis approach, not as a standalone trading system. - BullByte
Penunjuk Pine Script®
oleh BullByte
2
Advanced Volume Profile Pro Delta + POC + VAH/VAL# Advanced Volume Profile Pro - Delta + POC + VAH/VAL Analysis System ## WHAT THIS SCRIPT DOES This script creates a comprehensive volume profile analysis system that combines traditional volume-at-price distribution with delta volume calculations, Point of Control (POC) identification, and Value Area (VAH/VAL) analysis. Unlike standard volume indicators that show only total volume over time, this script analyzes volume distribution across price levels and estimates buying vs selling pressure using multiple calculation methods to provide deeper market structure insights. ## WHY THIS COMBINATION IS ORIGINAL AND USEFUL **The Problem Solved:** Traditional volume indicators show when volume occurs but not where price finds acceptance or rejection. Standalone volume profiles lack directional bias information, while basic delta calculations don't provide structural context. Traders need to understand both volume distribution AND directional sentiment at key price levels. **The Solution:** This script implements an integrated approach that: - Maps volume distribution across price levels using configurable row density - Estimates delta (buying vs selling pressure) using three different methodologies - Identifies Point of Control (highest volume price level) for key support/resistance - Calculates Value Area boundaries where 70% of volume traded - Provides real-time alerts for key level interactions and volume imbalances **Unique Features:** 1. **Developing POC Visualization**: Real-time tracking of Point of Control migration throughout the session via blue dotted trail, revealing institutional accumulation/distribution patterns before they complete 2. **Multi-Method Delta Calculation**: Price Action-based, Bid/Ask estimation, and Cumulative methods for different market conditions 3. **Adaptive Timeframe System**: Auto-adjusts calculation parameters based on chart timeframe for optimal performance 4. **Flexible Profile Types**: N Bars Back (precise control), Days Back (calendar-based), and Session-based analysis modes 5. **Advanced Imbalance Detection**: Identifies and highlights significant buying/selling imbalances with configurable thresholds 6. **Comprehensive Alert System**: Monitors POC touches, Value Area entry/exit, and major volume imbalances ## HOW THE SCRIPT WORKS TECHNICALLY ### Core Volume Profile Methodology: **1. Price Level Distribution:** - Divides price range into user-defined rows (10-50 configurable) - Calculates row height: `(Highest Price - Lowest Price) / Number of Rows` - Distributes each bar's volume across price levels it touched proportionally **2. Delta Volume Calculation Methods:** **Price Action Method:** ``` Price Range = High - Low Buy Pressure = (Close - Low) / Price Range Sell Pressure = (High - Close) / Price Range Buy Volume = Total Volume × Buy Pressure Sell Volume = Total Volume × Sell Pressure Delta = Buy Volume - Sell Volume ``` **Bid/Ask Estimation Method:** ``` Average Price = (High + Low + Close) / 3 Buy Volume = Close > Average ? Volume × 0.6 : Volume × 0.4 Sell Volume = Total Volume - Buy Volume ``` **Cumulative Method:** ``` Buy Volume = Close > Open ? Volume : Volume × 0.3 Sell Volume = Close ≤ Open ? Volume : Volume × 0.3 ``` **3. Point of Control (POC) Identification:** - Scans all price levels to find maximum volume concentration - POC represents the price level with highest trading activity - Acts as significant support/resistance level - **Developing POC Feature**: Tracks POC evolution in real-time via blue dotted trail, showing how institutional interest migrates throughout the session. Upward POC migration indicates accumulation patterns, downward migration suggests distribution, providing early trend signals before price confirmation. **4. Value Area Calculation:** - Starts from POC and expands up/down to encompass 70% of total volume - VAH (Value Area High): Upper boundary of value area - VAL (Value Area Low): Lower boundary of value area - Expansion algorithm prioritizes direction with higher volume **5. Adaptive Range Selection:** Based on profile type and timeframe optimization: - **N Bars Back**: Fixed lookback period with performance optimization (20-500 bars) - **Days Back**: Calendar-based analysis with automatic timeframe adjustment (1-365 days) - **Session**: Current trading session or custom session times ### Performance Optimization Features: - **Sampling Algorithm**: Reduces calculation load on large datasets while maintaining accuracy - **Memory Management**: Clears previous drawings to prevent performance degradation - **Safety Constraints**: Prevents excessive memory usage with configurable limits ## HOW TO USE THIS SCRIPT ### Initial Setup: 1. **Profile Configuration**: Select profile type based on trading style: - N Bars Back: Precise control over data range - Days Back: Intuitive calendar-based analysis - Session: Real-time session development 2. **Row Density**: Set number of rows (30 default) - more rows = higher resolution, slower performance 3. **Delta Method**: Choose calculation method based on market type: - Price Action: Best for trending markets - Bid/Ask Estimate: Good for ranging markets - Cumulative: Smoothed approach for volatile markets 4. **Visual Settings**: Configure colors, position (left/right), and display options ### Reading the Profile: **Volume Bars:** - **Length**: Represents relative volume at that price level - **Color**: Green = net buying pressure, Red = net selling pressure - **Intensity**: Darker colors indicate volume imbalances above threshold **Key Levels:** - **POC (Blue Line)**: Highest volume price - major support/resistance - **VAH (Purple Dashed)**: Value Area High - upper boundary of fair value - **VAL (Orange Dashed)**: Value Area Low - lower boundary of fair value - **Value Area Fill**: Shaded region showing main trading range **Developing POC Trail:** - **Blue Dotted Lines**: Show real-time POC evolution throughout the session - **Migration Patterns**: Upward trail indicates bullish accumulation, downward trail suggests bearish distribution - **Early Signals**: POC movement often precedes price movement, providing advance warning of institutional activity - **Institutional Footprints**: Reveals where smart money concentrated volume before final POC establishment ### Trading Applications: **Support/Resistance Analysis:** - POC acts as magnetic price level - expect reactions - VAH/VAL provide intermediate support/resistance levels - Profile edges show areas of low volume acceptance **Developing POC Analysis:** - **Upward Migration**: POC moving higher = institutional accumulation, bullish bias - **Downward Migration**: POC moving lower = institutional distribution, bearish bias - **Stable POC**: Tight clustering = balanced market, range-bound conditions - **Early Trend Detection**: POC direction change often precedes price breakouts **Entry Strategies:** - Buy at VAL with POC as target (in uptrends) - Sell at VAH with POC as target (in downtrends) - Breakout plays above/below profile extremes **Volume Imbalance Trading:** - Strong buying imbalance (>60% threshold) suggests continued upward pressure - Strong selling imbalance suggests continued downward pressure - Imbalances near key levels provide high-probability setups **Multi-Timeframe Context:** - Use higher timeframe profiles for major levels - Lower timeframe profiles for precise entries - Session profiles for intraday trading structure ## SCRIPT SETTINGS EXPLANATION ### Volume Profile Settings: - **Profile Type**: Determines data range for calculation - N Bars Back: Exact number of bars (20-500 range) - Days Back: Calendar days with timeframe adaptation (1-365 days) - Session: Trading session-based (intraday focus) - **Number of Rows**: Profile resolution (10-50 range) - **Profile Width**: Visual width as chart percentage (10-50%) - **Value Area %**: Volume percentage for VA calculation (50-90%, 70% standard) - **Auto-Adjust**: Automatically optimizes for different timeframes ### Delta Volume Settings: - **Show Delta Volume**: Enable/disable delta calculations - **Delta Calculation Method**: Choose methodology based on market conditions - **Highlight Imbalances**: Visual emphasis for significant volume imbalances - **Imbalance Threshold**: Percentage for imbalance detection (50-90%) ### Session Settings: - **Session Type**: Daily, Weekly, Monthly, or Custom periods - **Custom Session Time**: Define specific trading hours - **Previous Sessions**: Number of historical sessions to display ### Days Back Settings: - **Lookback Days**: Number of calendar days to analyze (1-365) - **Automatic Calculation**: Script automatically converts days to bars based on timeframe: - Intraday: Accounts for 6.5 trading hours per day - Daily: 1 bar per day - Weekly/Monthly: Proportional adjustment ### N Bars Back Settings: - **Lookback Bars**: Exact number of bars to analyze (20-500) - **Precise Control**: Best for systematic analysis and backtesting ### Visual Customization: - **Colors**: Bullish (green), Bearish (red), and level colors - **Profile Position**: Left or Right side of chart - **Profile Offset**: Distance from current price action - **Labels**: Show/hide level labels and values - **Smooth Profile Bars**: Enhanced visual appearance ### Alert Configuration: - **POC Touch**: Alerts when price interacts with Point of Control - **VA Entry/Exit**: Alerts for Value Area boundary interactions - **Major Imbalance**: Alerts for significant volume imbalances ## VISUAL FEATURES ### Profile Display: - **Horizontal Bars**: Volume distribution across price levels - **Color Coding**: Delta-based coloring for directional bias - **Smooth Rendering**: Optional smoothing for cleaner appearance - **Transparency**: Configurable opacity for chart readability ### Level Lines: - **POC**: Solid blue line with optional label - **VAH/VAL**: Dashed colored lines with value displays - **Extension**: Lines extend across relevant time periods - **Value Area Fill**: Optional shaded region between VAH/VAL ### Information Table: - **Current Values**: Real-time POC, VAH, VAL prices - **VA Range**: Value Area width calculation - **Positioning**: Multiple table positions available - **Text Sizing**: Adjustable for different screen sizes ## IMPORTANT USAGE NOTES **Realistic Expectations:** - Volume profile analysis provides structural context, not trading signals - Delta calculations are estimations based on price action, not actual order flow - Past volume distribution does not guarantee future price behavior - Combine with other analysis methods for comprehensive market view **Best Practices:** - Use appropriate profile types for your trading style: - Day Trading: Session or Days Back (1-5 days) - Swing Trading: Days Back (10-30 days) or N Bars Back - Position Trading: Days Back (60-180 days) - Consider market context (trending vs ranging conditions) - Verify key levels with additional technical analysis - Monitor profile development for changing market structure **Performance Considerations:** - Higher row counts increase calculation complexity - Large lookback periods may affect chart performance - Auto-adjust feature optimizes for most use cases - Consider using session profiles for intraday efficiency **Limitations:** - Delta calculations are estimations, not actual transaction data - Profile accuracy depends on available price/volume history - Effectiveness varies across different instruments and market conditions - Requires understanding of volume profile concepts for optimal use **Data Requirements:** - Requires volume data for accurate calculations - Works best on liquid instruments with consistent volume - May be less effective on very low volume or exotic instruments This script serves as a comprehensive volume analysis tool for traders who need detailed market structure information with integrated directional bias analysis and real-time POC development tracking for informed trading decisions.
Penunjuk Pine Script®
oleh DeltaSpeedEdge
%ATR + ΔClose HighlightScript Overview This indicator displays on your chart: Table of the last N bars that passed the ATR-based range filter: Columns: Bar #, High, Range (High–Low), Low Summary row: ATR(N), suggested Stop-Loss (SL = X % of ATR), and the current bar’s range as a percentage of ATR Red badge on the most recent bar showing ΔClose% (the absolute difference between today’s and yesterday’s close, expressed as % of ATR) Background highlights: Blue fill under the most recent bar that met the filter Yellow fill under bars that failed the filter Hidden plots of ATR, %ATR, and ΔClose% (for use in strategies or alerts) All table elements, fills, and plots can be toggled off with a single switch so that only the red ΔClose% badge remains visible. Inputs Setting Description Default Length (bars) Lookback period for ATR and range filter (bars) 5 Upper deviation (%) Upper filter threshold (% of average ATR) 150% Lower deviation (%) Lower filter threshold (% of average ATR) 50% SL as % of ATR Stop-loss distance (% of ATR) 10% Label position Table position relative to bar (“above” or “below”) above Vertical offset (×ATR) Vertical spacing from the bar in ATR units 2.0 Show table & ATR plots Show or hide table, background highlights, and plots true How It Works ATR Calculation & Filtering Computes average True Range over the last N bars. Marks bars whose daily range falls within the specified upper/lower deviation band. Table Construction Gathers up to N most recent bars that passed the filter (or backfills from the most recent pass). Formats each bar’s High, Low, and Range into fixed-width columns for neat alignment. Stop-Loss & Percent Metrics Calculates a recommended SL distance as a percentage of ATR. Computes today’s bar range and ΔClose (absolute change in close) as % of ATR. Chart Display Table: Shows detailed per-bar data and summary metrics. Background fills: Blue for the latest valid bar, yellow for invalid bars. Hidden plots: ATR, %ATR, and ΔClose% (useful for backtesting). Red badge: Always visible on the right side of the last bar, displaying ΔClose%. Tips Disable the table & ATR plots to reduce chart clutter—leave only the red ΔClose% badge for a minimalist volatility alert. Use the hidden ATR fields (plot outputs) in TradingView Strategies or Alerts to automate volatility-based entries/exits. Adjust the deviation band to capture “normal” intraday moves vs. outsized volatility spikes. Load this script on any US market chart (stocks, futures, crypto, etc.) to instantly visualize recent volatility structure, set dynamic SL levels, and highlight today’s price change relative to average true range.
Penunjuk Pine Script®
oleh artemtsapkin
TZtraderTZtrader This is a TrendZones version with features to set stoploss and targets in short and long positions meant for use in intraday charts. It aims to provide signals for opening and closing long and short positions. In the comments under the TrendZones publication several people expressed a need for features for a short position similar to those for a long position as implemented in TrendZones, some want to use it for scalping, some asked for alerts. When I proposed to create a version for day trading with target lines based on ATR, several people liked the idea. Full disclosure: I don’t do day trading, because, after I lost a lot of money, I had to promise my wife to stay away from it. I restrict myself to long term investing in stocks which are in uptrend. However I understand what a day trader needs. I gather from my experience that day trading or scalping is an attempt to earn something by opening a position in the morning and close, reopen and close it again during the day with a profit. It is usually done with leveraged instruments like CFD’s, futures, options, and what have you. Opening and closing positions is done within minutes, so the trader needs a quick and efficient way to set proper stoploss and target. TZtrader supports this by showing only three or four numbers on the price bar: The price of the instrument, The logical stop level (gray or green or maroon dots), and the target level (navy). All other numbers are suppressed to prevent mistakes. Also a clear feedback for current settings at the top-center of the pane and an alert feedback at bottom that flashes alerts during the development of the current bar and gives suppression status. The script First I made a bare bones version of TrendZones to which I added code for long and short trading setups and a bare setup for no position. The code for the logical stops in long setup had to be reviewed, after which this became the basis for stops in short setup. Then I added code for 10 alert messages, which was a hassle, because this is the first time I coded alerts and the first time I used an array as a stack to avoid a complicated if-then construction. During testing the array caused a runtime error which I solved by adding ‘array.clear’ to the code, also I discovered that in TradingView separate alerts have to be created for all three setups - short, long and bare. Flipping setups is done in the inputs with a dropdown menu because Pine Script has no function for a clickable button. One visual with three setups. The visual has the TrendZones structure: Three near parallel very smooth curves, which border the moderate uptrend (green) and downtrend (orange) zone over and under the curve in the middle, the COG (Center Of Gravity). Where the price breaks out of these curves, strong trend zones show up over and under the curves, respectively strong uptrend (blue) and strong downtrend (red). Three setups were made clearly different to avoid confusion and to provide oversight in case of multiple trades going on simultaneously which I imagine are monitored in one screen. You have to see which one is long, which short and which have no position. The long setup should not trigger short signals, nor should the short trigger long signals nor the bare setup exclusive long or short signals. The Long setup is default, shown on the example chart. In this setup the Stoploss suggestions (green, gray and maroon dots) are under the price bars and the target line (navy) at a set distance above the High Border. A zone with a width of 1 ATR is drawn under the Low Border. In this setup 5 specific alerts are provided The Short setup has the Stoploss suggestions over the price bars, the target line at a set distance under the Low Border. A zone with a width of 1 ATR is drawn above the High Border. This setup also has 5 specific alerts. The Bare setup has no Stoploss suggestions, no target line and supports 4 alerts, 2 in common with the Long setup and 2 with Short. The table below gives a summary of scripted alerts: Setup = Where = When = Purpose Long, Bare = Green Zone = Bars come from lower zones = Uptrend starts Long, Bare = Green Zone = Sideways ends in uptrend = Uptrend resumes Long = COG = First crossing = Uptrend might end warning Long = Orange Zone = Bars come from higher zones = Uptrend ended take care Long = Red Zone = Bars come from higher zones = Strong downtrend->close Long Short, Bare = Orange Zone = Bars come from higher zones = Downtrend starts Short, Bare = Orange Zone = Sideways ends in downtrend = Downtrend resumes Short = COG = First crossing = Downtrend might end warning Short = Green Zone = Bars come from lower zones = Downtrend ended take care Short = Blue Zone = Bars come from lower zones = Strong uptrend -> close short You can use script alerts in TradingView by clicking the clock in the sidebar, then ‘create alert’ or plus, as condition you choose ‘Tztrader’ in the dialog box, then the “Any alert() function call” option (the first item in the list). The script lets the valid alert trigger by TradingView after the bar is completed, this can differ from the flashed messages during its formation. When you create alerts in Tradingview, I advice to do that for each setup, then to make only the alert active which matches the current setup, pause the other ones. Suppressing false and annoying signals The script has two ways to suppress such signals, which have to do with the numbers in the alert feedback. The numbers left and right of the message with a colored background, depict the zones in which the previous (left) and current (right) bar move. 1 is the strong downtrend zone (red), 2 the moderate downtrend zone (orange), 3 the sideways zones (gray), 4 the COG (gray), 5 the moderate uptrend zone (green), 6 the strong uptrend zone (blue), 7 something went wrong with assigning a zone (black). In extensive testing the number 7 never occurs, because I catch that error in the code. The idea is that an alert is only triggered if the previous bar was in a different zone. When the bars are in the same zone, no alert is possible. This way all annoying signals are suppressed and long, short and bare get the appropriate alerts. The third number is a counter. It counts how often the COG is crossed without touching the outer curves. The counter will reset to zero when the upper or lower curve is touched. When the count is 1 you have zone situation 4 and appropriate alerts are flashed. When the count is 2 or higher, a sideways situation (3) is called and while the recrossings are going on, no alerts can be flashed. This suppresses false signals. The ATR zone and curves are brownish-gray where sideways happens(ed). When the channel is narrowed down to just the three curves, some false signals still might occur. Inputs “Setup”, default is long, drop down menu provides long, short and bare. “Target ATR”, default is 2, sets the amount of ATR for the target line. In 1 minute charts 4 seems an appropriate setting, you have to learn by experience which setting works. “show feedback …” default is on, This creates two feedback labels, a Setup feedback on top of the pane, which shows charted instrument, Setup type, Trend and timeframe of the chart. Background color of Trend feedback is green when it matches the setup, red when mismatches and gray when no match. The alert feedback at the bottom of the pane shows a number, a message and two numbers. The numbers will be explained in the chapter about false and annoying signals below. During formation of the bar, valid alerts are flashed with a blue background, otherwise the message ‘alerts for current bar suppressed’. Logical Stops The curves are the logical place to put stops, because, as these are averages of the high and low border of a Donchian channel, they signify the ‘natural’ current highest, lowest and main level in the lookback period that fit the monitored trend setup. A downtrend turns into an uptrend when a breakout of the upper curve occurs. If you are short, that is where you want to close position, so the logical place for the stoploss is the upper curve. Vice versa, when you are long, the logical stop is on the lower curve. The stops show up as green or gray dots on the curves, the green dots signify a nice entry level, the gray stops are there to suggest levels where unrealized profits might be secured, the maroon dots indicate that the trend mismatches the setup. COG versus other lines Any line used to identify a trend, be it some MA or some other line, is interpreted the same way: When the bars move above the line there is an uptrend and when below, a downtrend. COG is not different in that sense. If you put such a line in the same chart as TZtrader, you can see situations in which the other line shows uptrend or downtrend earlier than COG, also some other lines, e.g. Hull MA, are very good at showing tops and bottoms, while COG ignores these. On the other hand the other lines are usually a little nervous and let you shake out of position too soon. Just like the other lines, COG gives false signals when it is near horizontal. The advantage of the placement COG is the tolerance for pull backs. This way TZtrader keeps you longer in the trend. Such pull backs are often ‘flags’ which are interpreted in TA as confirming the trend. Tztrader aims to get you in position reasonably soon when a trend begins and out of position as soon as the trend turns against you. The placement of COG is done with a fundamentally different algorithm than other lines as it is not an average of prices, but the middle of two averages of borders of a Donchian channel. This gives the two zones between the curves the same quality as the two zones above and below the middle line of a standard Donchian Channel. A multi timeframe application. In this scenario you put a 5 minutes and 1 minute chart with Tztrader side by side. If the 5 minutes shows uptrend, set the 1 minute on long trading and open positions when the trend matches uptrend en close when it mismatches. Don’t open short positions. Once the 5 minute changes to downtrend, set Tztrader in the 1 minute to short trading and open positions when the trend matches downtrend and close when it mismatches. The idea is that in a long ‘context’, provided by the 5 minutes, the uptrends in the 1 minute will last longer and go further, vice versa for the short ‘context’. This way you do swing trading in the 5 minute in a smart way, maximizing profits. You can do this with any timeframe pairs with a proportion of around 5:1, 4:1, 6:1, like e.g. 60 minutes and 15 minutes or weeks and days (5 trading days in a week). Dear day-traders, may this tool be helpful and may your days be blessed. Take care
Penunjuk Pine Script®
oleh eykpunter
2
ATRWhat the Indicator Shows: A compact table with four cells is displayed in the bottom-left corner of the chart: | ATR | % | Level | Lvl+ATR | Explanation of the Columns: ATR — The averaged daily range (volatility) calculated with filtering of abnormal bars (extremely large or small daily candles are ignored). % — The percentage of the daily ATR that the price has already covered today (the difference between the daily Open and Close relative to ATR). Level — A custom user-defined level set through the indicator settings. Lvl+ATR — The sum of the daily ATR and the user-defined level. This can be used, for example, as a target or stop-loss reference. Color Highlighting of the "%" Cell: The background color of the "%" ATR cell changes depending on the value: ✅ If the value is less than 10% — the cell is green (market is calm, small movement). ➖ If the value is between 10% and 50% — no highlighting (average movement, no signal). 🟡 If the value is between 50% and 70% — the cell is yellow (movement is increasing, be alert). 🔴 If the value is above 70% — the cell is red (the market is actively moving, high volatility). Key Features: ✔ All ATR calculations and percentage progress are performed strictly based on daily data, regardless of the chart's current timeframe. ✔ The indicator is ideal for intraday traders who want to monitor daily volatility levels. ✔ The table always displays up-to-date information for quick decision-making. ✔ Filtering of abnormal bars makes ATR more stable and objective. What is Adaptive ATR in this Indicator: Instead of the classic ATR, which simply averages the true range, this indicator uses a custom algorithm: ✅ It analyzes daily bars over the past 100 days. ✅ Calculates the range High - Low for each bar. ✅ If the bar's range deviates too much from the average (more than 1.8 times higher or lower), the bar is considered abnormal and ignored. ✅ Only "normal" bars are included in the calculation. ✅ The average range of these normal bars is the adaptive ATR. Detailed Algorithm of the getAdaptiveATR() Function: The function takes the number of bars to include in the calculation (for example, 5): The average of the last 5 normal bars is calculated. pinescript Копировать Редактировать adaptiveATR = getAdaptiveATR(5) Step-by-Step Process: An empty array ranges is created to store the ranges. Daily bars with indices from 1 to 100 are iterated over. For each bar: 🔹 The daily High and Low with the required offset are loaded via request.security(). 🔹 The range High - Low is calculated. 🔹 The temporary average range of the current array is calculated. 🔹 The bar is checked for abnormality (too large or too small). 🔹 If the bar is normal or it's the first bar — its range is added to the array. Once the array accumulates the required number of bars (count), their average is calculated — this is the adaptive ATR. If it's not possible to accumulate the required number of bars — na is returned. Что показывает индикатор: На графике внизу слева отображается компактная таблица из четырех ячеек: ATR % Уровень Ур+ATR Пояснения к столбцам: ATR — усреднённый дневной диапазон (волатильность), рассчитанный с фильтрацией аномальных баров (слишком большие или маленькие дневные свечи игнорируются). % — процент дневного ATR, который уже "прошла" цена на текущий день (разница между открытием и закрытием относительно ATR). Уровень — пользовательский уровень, который задаётся вручную через настройки индикатора. Ур+ATR — сумма уровня и дневного ATR. Может использоваться, например, как ориентир для целей или стопов. Цветовая подсветка ячейки "%": Цвет фона ячейки с процентом ATR меняется в зависимости от значения: ✅ Если значение меньше 10% — ячейка зелёная (рынок пока спокоен, маленькое движение). ➖ Если значение от 10% до 50% — фон не подсвечивается (среднее движение, нет сигнала). 🟡 Если значение от 50% до 70% — ячейка жёлтая (движение усиливается, повышенное внимание). 🔴 Если значение выше 70% — ячейка красная (рынок активно движется, высокая волатильность). Особенности работы: ✔ Все расчёты ATR и процентного прохождения производятся исключительно по дневным данным, независимо от текущего таймфрейма графика. ✔ Индикатор подходит для трейдеров, которые торгуют внутри дня, но хотят ориентироваться на дневные уровни волатильности. ✔ В таблице всегда отображается актуальная информация для принятия быстрых торговых решений. ✔ Фильтрация аномальных баров делает ATR более устойчивым и объективным. Что такое адаптивный ATR в этом индикаторе Вместо классического ATR, который просто усредняет истинный диапазон, здесь используется собственный алгоритм: ✅ Он берет дневные бары за последние 100 дней. ✅ Для каждого из них рассчитывает диапазон High - Low. ✅ Если диапазон бара слишком сильно отличается от среднего (более чем в 1.8 раза больше или меньше), бар считается аномальным и игнорируется. ✅ Только нормальные бары попадают в расчёт. ✅ В итоге считается среднее из диапазонов этих нормальных баров — это и есть адаптивный ATR. Подробный алгоритм функции getAdaptiveATR() Функция принимает количество баров для расчёта (например, 5): Считается 5 последних нормальных баров pinescript Копировать Редактировать adaptiveATR = getAdaptiveATR(5) Пошагово: Создаётся пустой массив ranges для хранения диапазонов. Перебираются дневные бары с индексами от 1 до 100. Для каждого бара: 🔹 Через request.security() подгружаются дневные High и Low с нужным смещением. 🔹 Считается диапазон High - Low. 🔹 Считается временное среднее диапазона по текущему массиву. 🔹 Проверяется, не является ли бар аномальным (слишком большой или маленький). 🔹 Если бар нормальный или это самый первый бар — его диапазон добавляется в массив. Как только массив набирает заданное количество баров (count), берётся их среднее значение — это и есть адаптивный ATR. Если не удалось набрать нужное количество баров — возвращается na.
Penunjuk Pine Script®
oleh otdailopatku
Tensor Market Analysis Engine (TMAE)# Tensor Market Analysis Engine (TMAE) ## Advanced Multi-Dimensional Mathematical Analysis System *Where Quantum Mathematics Meets Market Structure* --- ## 🎓 THEORETICAL FOUNDATION The Tensor Market Analysis Engine represents a revolutionary synthesis of three cutting-edge mathematical frameworks that have never before been combined for comprehensive market analysis. This indicator transcends traditional technical analysis by implementing advanced mathematical concepts from quantum mechanics, information theory, and fractal geometry. ### 🌊 Multi-Dimensional Volatility with Jump Detection **Hawkes Process Implementation:** The TMAE employs a sophisticated Hawkes process approximation for detecting self-exciting market jumps. Unlike traditional volatility measures that treat price movements as independent events, the Hawkes process recognizes that market shocks cluster and exhibit memory effects. **Mathematical Foundation:** ``` Intensity λ(t) = μ + Σ α(t - Tᵢ) ``` Where market jumps at times Tᵢ increase the probability of future jumps through the decay function α, controlled by the Hawkes Decay parameter (0.5-0.99). **Mahalanobis Distance Calculation:** The engine calculates volatility jumps using multi-dimensional Mahalanobis distance across up to 5 volatility dimensions: - **Dimension 1:** Price volatility (standard deviation of returns) - **Dimension 2:** Volume volatility (normalized volume fluctuations) - **Dimension 3:** Range volatility (high-low spread variations) - **Dimension 4:** Correlation volatility (price-volume relationship changes) - **Dimension 5:** Microstructure volatility (intrabar positioning analysis) This creates a volatility state vector that captures market behavior impossible to detect with traditional single-dimensional approaches. ### 📐 Hurst Exponent Regime Detection **Fractal Market Hypothesis Integration:** The TMAE implements advanced Rescaled Range (R/S) analysis to calculate the Hurst exponent in real-time, providing dynamic regime classification: - **H > 0.6:** Trending (persistent) markets - momentum strategies optimal - **H < 0.4:** Mean-reverting (anti-persistent) markets - contrarian strategies optimal - **H ≈ 0.5:** Random walk markets - breakout strategies preferred **Adaptive R/S Analysis:** Unlike static implementations, the TMAE uses adaptive windowing that adjusts to market conditions: ``` H = log(R/S) / log(n) ``` Where R is the range of cumulative deviations and S is the standard deviation over period n. **Dynamic Regime Classification:** The system employs hysteresis to prevent regime flipping, requiring sustained Hurst values before regime changes are confirmed. This prevents false signals during transitional periods. ### 🔄 Transfer Entropy Analysis **Information Flow Quantification:** Transfer entropy measures the directional flow of information between price and volume, revealing lead-lag relationships that indicate future price movements: ``` TE(X→Y) = Σ p(yₜ₊₁, yₜ, xₜ) log ``` **Causality Detection:** - **Volume → Price:** Indicates accumulation/distribution phases - **Price → Volume:** Suggests retail participation or momentum chasing - **Balanced Flow:** Market equilibrium or transition periods The system analyzes multiple lag periods (2-20 bars) to capture both immediate and structural information flows. --- ## 🔧 COMPREHENSIVE INPUT SYSTEM ### Core Parameters Group **Primary Analysis Window (10-100, Default: 50)** The fundamental lookback period affecting all calculations. Optimization by timeframe: - **1-5 minute charts:** 20-30 (rapid adaptation to micro-movements) - **15 minute-1 hour:** 30-50 (balanced responsiveness and stability) - **4 hour-daily:** 50-100 (smooth signals, reduced noise) - **Asset-specific:** Cryptocurrency 20-35, Stocks 35-50, Forex 40-60 **Signal Sensitivity (0.1-2.0, Default: 0.7)** Master control affecting all threshold calculations: - **Conservative (0.3-0.6):** High-quality signals only, fewer false positives - **Balanced (0.7-1.0):** Optimal risk-reward ratio for most trading styles - **Aggressive (1.1-2.0):** Maximum signal frequency, requires careful filtering **Signal Generation Mode:** - **Aggressive:** Any component signals (highest frequency) - **Confluence:** 2+ components agree (balanced approach) - **Conservative:** All 3 components align (highest quality) ### Volatility Jump Detection Group **Volatility Dimensions (2-5, Default: 3)** Determines the mathematical space complexity: - **2D:** Price + Volume volatility (suitable for clean markets) - **3D:** + Range volatility (optimal for most conditions) - **4D:** + Correlation volatility (advanced multi-asset analysis) - **5D:** + Microstructure volatility (maximum sensitivity) **Jump Detection Threshold (1.5-4.0σ, Default: 3.0σ)** Standard deviations required for volatility jump classification: - **Cryptocurrency:** 2.0-2.5σ (naturally volatile) - **Stock Indices:** 2.5-3.0σ (moderate volatility) - **Forex Major Pairs:** 3.0-3.5σ (typically stable) - **Commodities:** 2.0-3.0σ (varies by commodity) **Jump Clustering Decay (0.5-0.99, Default: 0.85)** Hawkes process memory parameter: - **0.5-0.7:** Fast decay (jumps treated as independent) - **0.8-0.9:** Moderate clustering (realistic market behavior) - **0.95-0.99:** Strong clustering (crisis/event-driven markets) ### Hurst Exponent Analysis Group **Calculation Method Options:** - **Classic R/S:** Original Rescaled Range (fast, simple) - **Adaptive R/S:** Dynamic windowing (recommended for trading) - **DFA:** Detrended Fluctuation Analysis (best for noisy data) **Trending Threshold (0.55-0.8, Default: 0.60)** Hurst value defining persistent market behavior: - **0.55-0.60:** Weak trend persistence - **0.65-0.70:** Clear trending behavior - **0.75-0.80:** Strong momentum regimes **Mean Reversion Threshold (0.2-0.45, Default: 0.40)** Hurst value defining anti-persistent behavior: - **0.35-0.45:** Weak mean reversion - **0.25-0.35:** Clear ranging behavior - **0.15-0.25:** Strong reversion tendency ### Transfer Entropy Parameters Group **Information Flow Analysis:** - **Price-Volume:** Classic flow analysis for accumulation/distribution - **Price-Volatility:** Risk flow analysis for sentiment shifts - **Multi-Timeframe:** Cross-timeframe causality detection **Maximum Lag (2-20, Default: 5)** Causality detection window: - **2-5 bars:** Immediate causality (scalping) - **5-10 bars:** Short-term flow (day trading) - **10-20 bars:** Structural flow (swing trading) **Significance Threshold (0.05-0.3, Default: 0.15)** Minimum entropy for signal generation: - **0.05-0.10:** Detect subtle information flows - **0.10-0.20:** Clear causality only - **0.20-0.30:** Very strong flows only --- ## 🎨 ADVANCED VISUAL SYSTEM ### Tensor Volatility Field Visualization **Five-Layer Resonance Bands:** The tensor field creates dynamic support/resistance zones that expand and contract based on mathematical field strength: - **Core Layer (Purple):** Primary tensor field with highest intensity - **Layer 2 (Neutral):** Secondary mathematical resonance - **Layer 3 (Info Blue):** Tertiary harmonic frequencies - **Layer 4 (Warning Gold):** Outer field boundaries - **Layer 5 (Success Green):** Maximum field extension **Field Strength Calculation:** ``` Field Strength = min(3.0, Mahalanobis Distance × Tensor Intensity) ``` The field amplitude adjusts to ATR and mathematical distance, creating dynamic zones that respond to market volatility. **Radiation Line Network:** During active tensor states, the system projects directional radiation lines showing field energy distribution: - **8 Directional Rays:** Complete angular coverage - **Tapering Segments:** Progressive transparency for natural visual flow - **Pulse Effects:** Enhanced visualization during volatility jumps ### Dimensional Portal System **Portal Mathematics:** Dimensional portals visualize regime transitions using category theory principles: - **Green Portals (◉):** Trending regime detection (appear below price for support) - **Red Portals (◎):** Mean-reverting regime (appear above price for resistance) - **Yellow Portals (○):** Random walk regime (neutral positioning) **Tensor Trail Effects:** Each portal generates 8 trailing particles showing mathematical momentum: - **Large Particles (●):** Strong mathematical signal - **Medium Particles (◦):** Moderate signal strength - **Small Particles (·):** Weak signal continuation - **Micro Particles (˙):** Signal dissipation ### Information Flow Streams **Particle Stream Visualization:** Transfer entropy creates flowing particle streams indicating information direction: - **Upward Streams:** Volume leading price (accumulation phases) - **Downward Streams:** Price leading volume (distribution phases) - **Stream Density:** Proportional to information flow strength **15-Particle Evolution:** Each stream contains 15 particles with progressive sizing and transparency, creating natural flow visualization that makes information transfer immediately apparent. ### Fractal Matrix Grid System **Multi-Timeframe Fractal Levels:** The system calculates and displays fractal highs/lows across five Fibonacci periods: - **8-Period:** Short-term fractal structure - **13-Period:** Intermediate-term patterns - **21-Period:** Primary swing levels - **34-Period:** Major structural levels - **55-Period:** Long-term fractal boundaries **Triple-Layer Visualization:** Each fractal level uses three-layer rendering: - **Shadow Layer:** Widest, darkest foundation (width 5) - **Glow Layer:** Medium white core line (width 3) - **Tensor Layer:** Dotted mathematical overlay (width 1) **Intelligent Labeling System:** Smart spacing prevents label overlap using ATR-based minimum distances. Labels include: - **Fractal Period:** Time-based identification - **Topological Class:** Mathematical complexity rating (0, I, II, III) - **Price Level:** Exact fractal price - **Mahalanobis Distance:** Current mathematical field strength - **Hurst Exponent:** Current regime classification - **Anomaly Indicators:** Visual strength representations (○ ◐ ● ⚡) ### Wick Pressure Analysis **Rejection Level Mathematics:** The system analyzes candle wick patterns to project future pressure zones: - **Upper Wick Analysis:** Identifies selling pressure and resistance zones - **Lower Wick Analysis:** Identifies buying pressure and support zones - **Pressure Projection:** Extends lines forward based on mathematical probability **Multi-Layer Glow Effects:** Wick pressure lines use progressive transparency (1-8 layers) creating natural glow effects that make pressure zones immediately visible without cluttering the chart. ### Enhanced Regime Background **Dynamic Intensity Mapping:** Background colors reflect mathematical regime strength: - **Deep Transparency (98% alpha):** Subtle regime indication - **Pulse Intensity:** Based on regime strength calculation - **Color Coding:** Green (trending), Red (mean-reverting), Neutral (random) **Smoothing Integration:** Regime changes incorporate 10-bar smoothing to prevent background flicker while maintaining responsiveness to genuine regime shifts. ### Color Scheme System **Six Professional Themes:** - **Dark (Default):** Professional trading environment optimization - **Light:** High ambient light conditions - **Classic:** Traditional technical analysis appearance - **Neon:** High-contrast visibility for active trading - **Neutral:** Minimal distraction focus - **Bright:** Maximum visibility for complex setups Each theme maintains mathematical accuracy while optimizing visual clarity for different trading environments and personal preferences. --- ## 📊 INSTITUTIONAL-GRADE DASHBOARD ### Tensor Field Status Section **Field Strength Display:** Real-time Mahalanobis distance calculation with dynamic emoji indicators: - **⚡ (Lightning):** Extreme field strength (>1.5× threshold) - **● (Solid Circle):** Strong field activity (>1.0× threshold) - **○ (Open Circle):** Normal field state **Signal Quality Rating:** Democratic algorithm assessment: - **ELITE:** All 3 components aligned (highest probability) - **STRONG:** 2 components aligned (good probability) - **GOOD:** 1 component active (moderate probability) - **WEAK:** No clear component signals **Threshold and Anomaly Monitoring:** - **Threshold Display:** Current mathematical threshold setting - **Anomaly Level (0-100%):** Combined volatility and volume spike measurement - **>70%:** High anomaly (red warning) - **30-70%:** Moderate anomaly (orange caution) - **<30%:** Normal conditions (green confirmation) ### Tensor State Analysis Section **Mathematical State Classification:** - **↑ BULL (Tensor State +1):** Trending regime with bullish bias - **↓ BEAR (Tensor State -1):** Mean-reverting regime with bearish bias - **◈ SUPER (Tensor State 0):** Random walk regime (neutral) **Visual State Gauge:** Five-circle progression showing tensor field polarity: - **🟢🟢🟢⚪⚪:** Strong bullish mathematical alignment - **⚪⚪🟡⚪⚪:** Neutral/transitional state - **⚪⚪🔴🔴🔴:** Strong bearish mathematical alignment **Trend Direction and Phase Analysis:** - **📈 BULL / 📉 BEAR / ➡️ NEUTRAL:** Primary trend classification - **🌪️ CHAOS:** Extreme information flow (>2.0 flow strength) - **⚡ ACTIVE:** Strong information flow (1.0-2.0 flow strength) - **😴 CALM:** Low information flow (<1.0 flow strength) ### Trading Signals Section **Real-Time Signal Status:** - **🟢 ACTIVE / ⚪ INACTIVE:** Long signal availability - **🔴 ACTIVE / ⚪ INACTIVE:** Short signal availability - **Components (X/3):** Active algorithmic components - **Mode Display:** Current signal generation mode **Signal Strength Visualization:** Color-coded component count: - **Green:** 3/3 components (maximum confidence) - **Aqua:** 2/3 components (good confidence) - **Orange:** 1/3 components (moderate confidence) - **Gray:** 0/3 components (no signals) ### Performance Metrics Section **Win Rate Monitoring:** Estimated win rates based on signal quality with emoji indicators: - **🔥 (Fire):** ≥60% estimated win rate - **👍 (Thumbs Up):** 45-59% estimated win rate - **⚠️ (Warning):** <45% estimated win rate **Mathematical Metrics:** - **Hurst Exponent:** Real-time fractal dimension (0.000-1.000) - **Information Flow:** Volume/price leading indicators - **📊 VOL:** Volume leading price (accumulation/distribution) - **💰 PRICE:** Price leading volume (momentum/speculation) - **➖ NONE:** Balanced information flow - **Volatility Classification:** - **🔥 HIGH:** Above 1.5× jump threshold - **📊 NORM:** Normal volatility range - **😴 LOW:** Below 0.5× jump threshold ### Market Structure Section (Large Dashboard) **Regime Classification:** - **📈 TREND:** Hurst >0.6, momentum strategies optimal - **🔄 REVERT:** Hurst <0.4, contrarian strategies optimal - **🎲 RANDOM:** Hurst ≈0.5, breakout strategies preferred **Mathematical Field Analysis:** - **Dimensions:** Current volatility space complexity (2D-5D) - **Hawkes λ (Lambda):** Self-exciting jump intensity (0.00-1.00) - **Jump Status:** 🚨 JUMP (active) / ✅ NORM (normal) ### Settings Summary Section (Large Dashboard) **Active Configuration Display:** - **Sensitivity:** Current master sensitivity setting - **Lookback:** Primary analysis window - **Theme:** Active color scheme - **Method:** Hurst calculation method (Classic R/S, Adaptive R/S, DFA) **Dashboard Sizing Options:** - **Small:** Essential metrics only (mobile/small screens) - **Normal:** Balanced information density (standard desktop) - **Large:** Maximum detail (multi-monitor setups) **Position Options:** - **Top Right:** Standard placement (avoids price action) - **Top Left:** Wide chart optimization - **Bottom Right:** Recent price focus (scalping) - **Bottom Left:** Maximum price visibility (swing trading) --- ## 🎯 SIGNAL GENERATION LOGIC ### Multi-Component Convergence System **Component Signal Architecture:** The TMAE generates signals through sophisticated component analysis rather than simple threshold crossing: **Volatility Component:** - **Jump Detection:** Mahalanobis distance threshold breach - **Hawkes Intensity:** Self-exciting process activation (>0.2) - **Multi-dimensional:** Considers all volatility dimensions simultaneously **Hurst Regime Component:** - **Trending Markets:** Price above SMA-20 with positive momentum - **Mean-Reverting Markets:** Price at Bollinger Band extremes - **Random Markets:** Bollinger squeeze breakouts with directional confirmation **Transfer Entropy Component:** - **Volume Leadership:** Information flow from volume to price - **Volume Spike:** Volume 110%+ above 20-period average - **Flow Significance:** Above entropy threshold with directional bias ### Democratic Signal Weighting **Signal Mode Implementation:** - **Aggressive Mode:** Any single component triggers signal - **Confluence Mode:** Minimum 2 components must agree - **Conservative Mode:** All 3 components must align **Momentum Confirmation:** All signals require momentum confirmation: - **Long Signals:** RSI >50 AND price >EMA-9 - **Short Signals:** RSI <50 AND price 0.6):** - **Increase Sensitivity:** Catch momentum continuation - **Lower Mean Reversion Threshold:** Avoid counter-trend signals - **Emphasize Volume Leadership:** Institutional accumulation/distribution - **Tensor Field Focus:** Use expansion for trend continuation - **Signal Mode:** Aggressive or Confluence for trend following **Range-Bound Markets (Hurst <0.4):** - **Decrease Sensitivity:** Avoid false breakouts - **Lower Trending Threshold:** Quick regime recognition - **Focus on Price Leadership:** Retail sentiment extremes - **Fractal Grid Emphasis:** Support/resistance trading - **Signal Mode:** Conservative for high-probability reversals **Volatile Markets (High Jump Frequency):** - **Increase Hawkes Decay:** Recognize event clustering - **Higher Jump Threshold:** Avoid noise signals - **Maximum Dimensions:** Capture full volatility complexity - **Reduce Position Sizing:** Risk management adaptation - **Enhanced Visuals:** Maximum information for rapid decisions **Low Volatility Markets (Low Jump Frequency):** - **Decrease Jump Threshold:** Capture subtle movements - **Lower Hawkes Decay:** Treat moves as independent - **Reduce Dimensions:** Simplify analysis - **Increase Position Sizing:** Capitalize on compressed volatility - **Minimal Visuals:** Reduce distraction in quiet markets --- ## 🚀 ADVANCED TRADING STRATEGIES ### The Mathematical Convergence Method **Entry Protocol:** 1. **Fractal Grid Approach:** Monitor price approaching significant fractal levels 2. **Tensor Field Confirmation:** Verify field expansion supporting direction 3. **Portal Signal:** Wait for dimensional portal appearance 4. **ELITE/STRONG Quality:** Only trade highest quality mathematical signals 5. **Component Consensus:** Confirm 2+ components agree in Confluence mode **Example Implementation:** - Price approaching 21-period fractal high - Tensor field expanding upward (bullish mathematical alignment) - Green portal appears below price (trending regime confirmation) - ELITE quality signal with 3/3 components active - Enter long position with stop below fractal level **Risk Management:** - **Stop Placement:** Below/above fractal level that generated signal - **Position Sizing:** Based on Mahalanobis distance (higher distance = smaller size) - **Profit Targets:** Next fractal level or tensor field resistance ### The Regime Transition Strategy **Regime Change Detection:** 1. **Monitor Hurst Exponent:** Watch for persistent moves above/below thresholds 2. **Portal Color Change:** Regime transitions show different portal colors 3. **Background Intensity:** Increasing regime background intensity 4. **Mathematical Confirmation:** Wait for regime confirmation (hysteresis) **Trading Implementation:** - **Trending Transitions:** Trade momentum breakouts, follow trend - **Mean Reversion Transitions:** Trade range boundaries, fade extremes - **Random Transitions:** Trade breakouts with tight stops **Advanced Techniques:** - **Multi-Timeframe:** Confirm regime on higher timeframe - **Early Entry:** Enter on regime transition rather than confirmation - **Regime Strength:** Larger positions during strong regime signals ### The Information Flow Momentum Strategy **Flow Detection Protocol:** 1. **Monitor Transfer Entropy:** Watch for significant information flow shifts 2. **Volume Leadership:** Strong edge when volume leads price 3. **Flow Acceleration:** Increasing flow strength indicates momentum 4. **Directional Confirmation:** Ensure flow aligns with intended trade direction **Entry Signals:** - **Volume → Price Flow:** Enter during accumulation/distribution phases - **Price → Volume Flow:** Enter on momentum confirmation breaks - **Flow Reversal:** Counter-trend entries when flow reverses **Optimization:** - **Scalping:** Use immediate flow detection (2-5 bar lag) - **Swing Trading:** Use structural flow (10-20 bar lag) - **Multi-Asset:** Compare flow between correlated assets ### The Tensor Field Expansion Strategy **Field Mathematics:** The tensor field expansion indicates mathematical pressure building in market structure: **Expansion Phases:** 1. **Compression:** Field contracts, volatility decreases 2. **Tension Building:** Mathematical pressure accumulates 3. **Expansion:** Field expands rapidly with directional movement 4. **Resolution:** Field stabilizes at new equilibrium **Trading Applications:** - **Compression Trading:** Prepare for breakout during field contraction - **Expansion Following:** Trade direction of field expansion - **Reversion Trading:** Fade extreme field expansion - **Multi-Dimensional:** Consider all field layers for confirmation ### The Hawkes Process Event Strategy **Self-Exciting Jump Trading:** Understanding that market shocks cluster and create follow-on opportunities: **Jump Sequence Analysis:** 1. **Initial Jump:** First volatility jump detected 2. **Clustering Phase:** Hawkes intensity remains elevated 3. **Follow-On Opportunities:** Additional jumps more likely 4. **Decay Period:** Intensity gradually decreases **Implementation:** - **Jump Confirmation:** Wait for mathematical jump confirmation - **Direction Assessment:** Use other components for direction - **Clustering Trades:** Trade subsequent moves during high intensity - **Decay Exit:** Exit positions as Hawkes intensity decays ### The Fractal Confluence System **Multi-Timeframe Fractal Analysis:** Combining fractal levels across different periods for high-probability zones: **Confluence Zones:** - **Double Confluence:** 2 fractal levels align - **Triple Confluence:** 3+ fractal levels cluster - **Mathematical Confirmation:** Tensor field supports the level - **Information Flow:** Transfer entropy confirms direction **Trading Protocol:** 1. **Identify Confluence:** Find 2+ fractal levels within 1 ATR 2. **Mathematical Support:** Verify tensor field alignment 3. **Signal Quality:** Wait for STRONG or ELITE signal 4. **Risk Definition:** Use fractal level for stop placement 5. **Profit Targeting:** Next major fractal confluence zone --- ## ⚠️ COMPREHENSIVE RISK MANAGEMENT ### Mathematical Position Sizing **Mahalanobis Distance Integration:** Position size should inversely correlate with mathematical field strength: ``` Position Size = Base Size × (Threshold / Mahalanobis Distance) ``` **Risk Scaling Matrix:** - **Low Field Strength (<2.0):** Standard position sizing - **Moderate Field Strength (2.0-3.0):** 75% position sizing - **High Field Strength (3.0-4.0):** 50% position sizing - **Extreme Field Strength (>4.0):** 25% position sizing or no trade ### Signal Quality Risk Adjustment **Quality-Based Position Sizing:** - **ELITE Signals:** 100% of planned position size - **STRONG Signals:** 75% of planned position size - **GOOD Signals:** 50% of planned position size - **WEAK Signals:** No position or paper trading only **Component Agreement Scaling:** - **3/3 Components:** Full position size - **2/3 Components:** 75% position size - **1/3 Components:** 50% position size or skip trade ### Regime-Adaptive Risk Management **Trending Market Risk:** - **Wider Stops:** Allow for trend continuation - **Trend Following:** Trade with regime direction - **Higher Position Size:** Trend probability advantage - **Momentum Stops:** Trail stops based on momentum indicators **Mean-Reverting Market Risk:** - **Tighter Stops:** Quick exits on trend continuation - **Contrarian Positioning:** Trade against extremes - **Smaller Position Size:** Higher reversal failure rate - **Level-Based Stops:** Use fractal levels for stops **Random Market Risk:** - **Breakout Focus:** Trade only clear breakouts - **Tight Initial Stops:** Quick exit if breakout fails - **Reduced Frequency:** Skip marginal setups - **Range-Based Targets:** Profit targets at range boundaries ### Volatility-Adaptive Risk Controls **High Volatility Periods:** - **Reduced Position Size:** Account for wider price swings - **Wider Stops:** Avoid noise-based exits - **Lower Frequency:** Skip marginal setups - **Faster Exits:** Take profits more quickly **Low Volatility Periods:** - **Standard Position Size:** Normal risk parameters - **Tighter Stops:** Take advantage of compressed ranges - **Higher Frequency:** Trade more setups - **Extended Targets:** Allow for compressed volatility expansion ### Multi-Timeframe Risk Alignment **Higher Timeframe Trend:** - **With Trend:** Standard or increased position size - **Against Trend:** Reduced position size or skip - **Neutral Trend:** Standard position size with tight management **Risk Hierarchy:** 1. **Primary:** Current timeframe signal quality 2. **Secondary:** Higher timeframe trend alignment 3. **Tertiary:** Mathematical field strength 4. **Quaternary:** Market regime classification --- ## 📚 EDUCATIONAL VALUE AND MATHEMATICAL CONCEPTS ### Advanced Mathematical Concepts **Tensor Analysis in Markets:** The TMAE introduces traders to tensor analysis, a branch of mathematics typically reserved for physics and advanced engineering. Tensors provide a framework for understanding multi-dimensional market relationships that scalar and vector analysis cannot capture. **Information Theory Applications:** Transfer entropy implementation teaches traders about information flow in markets, a concept from information theory that quantifies directional causality between variables. This provides intuition about market microstructure and participant behavior. **Fractal Geometry in Trading:** The Hurst exponent calculation exposes traders to fractal geometry concepts, helping understand that markets exhibit self-similar patterns across multiple timeframes. This mathematical insight transforms how traders view market structure. **Stochastic Process Theory:** The Hawkes process implementation introduces concepts from stochastic process theory, specifically self-exciting point processes. This provides mathematical framework for understanding why market events cluster and exhibit memory effects. ### Learning Progressive Complexity **Beginner Mathematical Concepts:** - **Volatility Dimensions:** Understanding multi-dimensional analysis - **Regime Classification:** Learning market personality types - **Signal Democracy:** Algorithmic consensus building - **Visual Mathematics:** Interpreting mathematical concepts visually **Intermediate Mathematical Applications:** - **Mahalanobis Distance:** Statistical distance in multi-dimensional space - **Rescaled Range Analysis:** Fractal dimension measurement - **Information Entropy:** Quantifying uncertainty and causality - **Field Theory:** Understanding mathematical fields in market context **Advanced Mathematical Integration:** - **Tensor Field Dynamics:** Multi-dimensional market force analysis - **Stochastic Self-Excitation:** Event clustering and memory effects - **Categorical Composition:** Mathematical signal combination theory - **Topological Market Analysis:** Understanding market shape and connectivity ### Practical Mathematical Intuition **Developing Market Mathematics Intuition:** The TMAE serves as a bridge between abstract mathematical concepts and practical trading applications. Traders develop intuitive understanding of: - **How markets exhibit mathematical structure beneath apparent randomness** - **Why multi-dimensional analysis reveals patterns invisible to single-variable approaches** - **How information flows through markets in measurable, predictable ways** - **Why mathematical models provide probabilistic edges rather than certainties** --- ## 🔬 IMPLEMENTATION AND OPTIMIZATION ### Getting Started Protocol **Phase 1: Observation (Week 1)** 1. **Apply with defaults:** Use standard settings on your primary trading timeframe 2. **Study visual elements:** Learn to interpret tensor fields, portals, and streams 3. **Monitor dashboard:** Observe how metrics change with market conditions 4. **No trading:** Focus entirely on pattern recognition and understanding **Phase 2: Pattern Recognition (Week 2-3)** 1. **Identify signal patterns:** Note what market conditions produce different signal qualities 2. **Regime correlation:** Observe how Hurst regimes affect signal performance 3. **Visual confirmation:** Learn to read tensor field expansion and portal signals 4. **Component analysis:** Understand which components drive signals in different markets **Phase 3: Parameter Optimization (Week 4-5)** 1. **Asset-specific tuning:** Adjust parameters for your specific trading instrument 2. **Timeframe optimization:** Fine-tune for your preferred trading timeframe 3. **Sensitivity adjustment:** Balance signal frequency with quality 4. **Visual customization:** Optimize colors and intensity for your trading environment **Phase 4: Live Implementation (Week 6+)** 1. **Paper trading:** Test signals with hypothetical trades 2. **Small position sizing:** Begin with minimal risk during learning phase 3. **Performance tracking:** Monitor actual vs. expected signal performance 4. **Continuous optimization:** Refine settings based on real performance data ### Performance Monitoring System **Signal Quality Tracking:** - **ELITE Signal Win Rate:** Track highest quality signals separately - **Component Performance:** Monitor which components provide best signals - **Regime Performance:** Analyze performance across different market regimes - **Timeframe Analysis:** Compare performance across different session times **Mathematical Metric Correlation:** - **Field Strength vs. Performance:** Higher field strength should correlate with better performance - **Component Agreement vs. Win Rate:** More component agreement should improve win rates - **Regime Alignment vs. Success:** Trading with mathematical regime should outperform ### Continuous Optimization Process **Monthly Review Protocol:** 1. **Performance Analysis:** Review win rates, profit factors, and maximum drawdown 2. **Parameter Assessment:** Evaluate if current settings remain optimal 3. **Market Adaptation:** Adjust for changes in market character or volatility 4. **Component Weighting:** Consider if certain components should receive more/less emphasis **Quarterly Deep Analysis:** 1. **Mathematical Model Validation:** Verify that mathematical relationships remain valid 2. **Regime Distribution:** Analyze time spent in different market regimes 3. **Signal Evolution:** Track how signal characteristics change over time 4. **Correlation Analysis:** Monitor correlations between different mathematical components --- ## 🌟 UNIQUE INNOVATIONS AND CONTRIBUTIONS ### Revolutionary Mathematical Integration **First-Ever Implementations:** 1. **Multi-Dimensional Volatility Tensor:** First indicator to implement true tensor analysis for market volatility 2. **Real-Time Hawkes Process:** First trading implementation of self-exciting point processes 3. **Transfer Entropy Trading Signals:** First practical application of information theory for trade generation 4. **Democratic Component Voting:** First algorithmic consensus system for signal generation 5. **Fractal-Projected Signal Quality:** First system to predict signal quality at future price levels ### Advanced Visualization Innovations **Mathematical Visualization Breakthroughs:** - **Tensor Field Radiation:** Visual representation of mathematical field energy - **Dimensional Portal System:** Category theory visualization for regime transitions - **Information Flow Streams:** Real-time visual display of market information transfer - **Multi-Layer Fractal Grid:** Intelligent spacing and projection system - **Regime Intensity Mapping:** Dynamic background showing mathematical regime strength ### Practical Trading Innovations **Trading System Advances:** - **Quality-Weighted Signal Generation:** Signals rated by mathematical confidence - **Regime-Adaptive Strategy Selection:** Automatic strategy optimization based on market personality - **Anti-Spam Signal Protection:** Mathematical prevention of signal clustering - **Component Performance Tracking:** Real-time monitoring of algorithmic component success - **Field-Strength Position Sizing:** Mathematical volatility integration for risk management --- ## ⚖️ RESPONSIBLE USAGE AND LIMITATIONS ### Mathematical Model Limitations **Understanding Model Boundaries:** While the TMAE implements sophisticated mathematical concepts, traders must understand fundamental limitations: - **Markets Are Not Purely Mathematical:** Human psychology, news events, and fundamental factors create unpredictable elements - **Past Performance Limitations:** Mathematical relationships that worked historically may not persist indefinitely - **Model Risk:** Complex models can fail during unprecedented market conditions - **Overfitting Potential:** Highly optimized parameters may not generalize to future market conditions ### Proper Implementation Guidelines **Risk Management Requirements:** - **Never Risk More Than 2% Per Trade:** Regardless of signal quality - **Diversification Mandatory:** Don't rely solely on mathematical signals - **Position Sizing Discipline:** Use mathematical field strength for sizing, not confidence - **Stop Loss Non-Negotiable:** Every trade must have predefined risk parameters **Realistic Expectations:** - **Mathematical Edge, Not Certainty:** The indicator provides probabilistic advantages, not guaranteed outcomes - **Learning Curve Required:** Complex mathematical concepts require time to master - **Market Adaptation Necessary:** Parameters must evolve with changing market conditions - **Continuous Education Important:** Understanding underlying mathematics improves application ### Ethical Trading Considerations **Market Impact Awareness:** - **Information Asymmetry:** Advanced mathematical analysis may provide advantages over other market participants - **Position Size Responsibility:** Large positions based on mathematical signals can impact market structure - **Sharing Knowledge:** Consider educational contributions to trading community - **Fair Market Participation:** Use mathematical advantages responsibly within market framework ### Professional Development Path **Skill Development Sequence:** 1. **Basic Mathematical Literacy:** Understand fundamental concepts before advanced application 2. **Risk Management Mastery:** Develop disciplined risk control before relying on complex signals 3. **Market Psychology Understanding:** Combine mathematical analysis with behavioral market insights 4. **Continuous Learning:** Stay updated on mathematical finance developments and market evolution --- ## 🔮 CONCLUSION The Tensor Market Analysis Engine represents a quantum leap forward in technical analysis, successfully bridging the gap between advanced pure mathematics and practical trading applications. By integrating multi-dimensional volatility analysis, fractal market theory, and information flow dynamics, the TMAE reveals market structure invisible to conventional analysis while maintaining visual clarity and practical usability. ### Mathematical Innovation Legacy This indicator establishes new paradigms in technical analysis: - **Tensor analysis for market volatility understanding** - **Stochastic self-excitation for event clustering prediction** - **Information theory for causality-based trade generation** - **Democratic algorithmic consensus for signal quality enhancement** - **Mathematical field visualization for intuitive market understanding** ### Practical Trading Revolution Beyond mathematical innovation, the TMAE transforms practical trading: - **Quality-rated signals replace binary buy/sell decisions** - **Regime-adaptive strategies automatically optimize for market personality** - **Multi-dimensional risk management integrates mathematical volatility measures** - **Visual mathematical concepts make complex analysis immediately interpretable** - **Educational value creates lasting improvement in trading understanding** ### Future-Proof Design The mathematical foundations ensure lasting relevance: - **Universal mathematical principles transcend market evolution** - **Multi-dimensional analysis adapts to new market structures** - **Regime detection automatically adjusts to changing market personalities** - **Component democracy allows for future algorithmic additions** - **Mathematical visualization scales with increasing market complexity** ### Commitment to Excellence The TMAE represents more than an indicator—it embodies a philosophy of bringing rigorous mathematical analysis to trading while maintaining practical utility and visual elegance. Every component, from the multi-dimensional tensor fields to the democratic signal generation, reflects a commitment to mathematical accuracy, trading practicality, and educational value. ### Trading with Mathematical Precision In an era where markets grow increasingly complex and computational, the TMAE provides traders with mathematical tools previously available only to institutional quantitative research teams. Yet unlike academic mathematical models, the TMAE translates complex concepts into intuitive visual representations and practical trading signals. By combining the mathematical rigor of tensor analysis, the statistical power of multi-dimensional volatility modeling, and the information-theoretic insights of transfer entropy, traders gain unprecedented insight into market structure and dynamics. ### Final Perspective Markets, like nature, exhibit profound mathematical beauty beneath apparent chaos. The Tensor Market Analysis Engine serves as a mathematical lens that reveals this hidden order, transforming how traders perceive and interact with market structure. Through mathematical precision, visual elegance, and practical utility, the TMAE empowers traders to see beyond the noise and trade with the confidence that comes from understanding the mathematical principles governing market behavior. Trade with mathematical insight. Trade with the power of tensors. Trade with the TMAE. *"In mathematics, you don't understand things. You just get used to them." - John von Neumann* *With the TMAE, mathematical market understanding becomes not just possible, but intuitive.* — Dskyz, Trade with insight. Trade with anticipation.
Penunjuk Pine Script®
oleh DskyzInvestments
15
DDDDD: ATR & ADR Table + Suggested Time-based Exit📈 DDDDD: ATR & ADR Table + Suggested Time-based Exit This indicator provides a simple yet powerful table displaying key volatility metrics for any timeframe you apply it to. It is designed for traders who want to assess the volatility of an asset, estimate the average time required for a potential move, and define a time-based exit strategy. 🔍 Features: Displays ATR (Average True Range) for the selected length Shows Average Range (High-Low) and Maximum Range over a configurable number of bars Calculates Avg Bars/Move → average number of bars needed to achieve the maximum range Calculates Recommended Exit Bars → suggested maximum holding period (in bars) before considering an exit if price hasn’t moved as expected All values dynamically adjust based on the chart’s current timeframe Outputs values directly in a table overlay on your main chart for quick reference 📝 How to interpret the table: Field Meaning ATR (14) Average True Range over the last 14 bars (volatility indicator) Avg Range (20) Average High-Low range over the last 20 bars Max Range Maximum High-Low range observed in the last 20 bars Avg Bars/Move Average number of bars it takes to achieve a Max Range move Rec. Exit Bars Suggested max holding period (bars) → consider exit if move hasn’t occurred ✅ How to use: Apply this indicator to any chart (works on minutes, hourly, daily, weekly…) It will automatically calculate based on the chart’s current timeframe Use ATR & Avg Range to gauge volatility Use Avg Bars/Move to estimate how long the market usually takes to achieve a big move Use Rec. Exit Bars as a soft stop — if price hasn’t moved by this time, consider exiting due to declining probability of a breakout ⚠️ Notes: All values are relative to your current chart timeframe. For example: → On a daily chart, ATR represents daily volatility → On a 1H chart, ATR represents hourly volatility “Bars” refers to the bars of the current timeframe. Always interpret time accordingly. Perfect for traders who want to: Time their trades based on average volatility Avoid overholding losing positions Set time-based exit rules to complement price-based stoplosses
Penunjuk Pine Script®
oleh hello9dean
EXODUS EXODUS by (DAFE) Trading Systems EXODUS is a sophisticated trading algorithm built by Dskyz (DAFE) Trading Systems for competitive and competition purposes, designed to identify high-probability trades with robust risk management. this strategy leverages a multi-signal voting system, combining three core components—SPR, VWMO, and VEI—alongside ADX, choppiness filters, and ATR-based volatility gates to ensure trades are taken only in favorable market conditions. the algo uses a take-profit to stop-loss ratio, dynamic position sizing, and a strict voting mechanism requiring all signals to align before entering a trade. EXODUS was not overfitted for any specific symbol. instead, it uses a generic tuned setting, making it versatile across various markets. while it can trade futures, it’s not currently set up for it but has the potential to do more with further development. visuals are intentionally minimal due to its competition focus, prioritizing performance over aesthetics. a more visually stunning version may be released in the future with enhanced graphics. The Unique Core Components Developed for EXODUS SPR (Session Price Recalibration) SPR measures momentum during regular trading hours (RTH, 0930-1600, America/New_York) to catch session-specific trends. spr_lookback = input.int(15, "SPR Lookback") this sets how many bars back SPR looks to calculate momentum (default 15 bars). it compares the current session’s price-volume score to the score 15 bars ago to gauge momentum strength. how it works: a longer lookback smooths out the signal, focusing on bigger trends. a shorter one makes SPR more sensitive to recent moves. how to adjust: on a 1-hour chart, 15 bars is 15 hours (about 2 trading days). if you’re on a shorter timeframe like 5 minutes, 15 bars is just 75 minutes, so you might want to increase it to 50 or 100 to capture more meaningful trends. if you’re trading a choppy stock, a shorter lookback (like 5) can help catch quick moves, but it might give more false signals. spr_threshold = input.float (0.7, "SPR Threshold") this is the cutoff for SPR to vote for a trade (default 0.7). if SPR’s normalized value is above 0.7, it votes for a long; below -0.7, it votes for a short. how it works: SPR normalizes its momentum score by ATR, so this threshold ensures only strong moves count. a higher threshold means fewer trades but higher conviction. how to adjust: if you’re getting too few trades, lower it to 0.5 to let more signals through. if you’re seeing too many false entries, raise it to 1.0 for stricter filtering. test on your chart to find a balance. spr_atr_length = input.int(21, "SPR ATR Length") this sets the ATR period (default 21 bars) used to normalize SPR’s momentum score. ATR measures volatility, so this makes SPR’s signal relative to market conditions. how it works: a longer ATR period (like 21) smooths out volatility, making SPR less jumpy. a shorter one makes it more reactive. how to adjust: if you’re trading a volatile stock like TSLA, a longer period (30 or 50) can help avoid noise. for a calmer stock, try 10 to make SPR more responsive. match this to your timeframe—shorter timeframes might need a shorter ATR. rth_session = input.session("0930-1600","SPR: RTH Sess.") rth_timezone = "America/New_York" this defines the session SPR uses (0930-1600, New York time). SPR only calculates momentum during these hours to focus on RTH activity. how it works: it ignores pre-market or after-hours noise, ensuring SPR captures the main market action. how to adjust: if you trade a different session (like London hours, 0300-1200 EST), change the session to match. you can also adjust the timezone if you’re in a different region, like "Europe/London". just make sure your chart’s timezone aligns with this setting. VWMO (Volume-Weighted Momentum Oscillator) VWMO measures momentum weighted by volume to spot sustained, high-conviction moves. vwmo_momlen = input.int(21, "VWMO Momentum Length") this sets how many bars back VWMO looks to calculate price momentum (default 21 bars). it takes the price change (close minus close 21 bars ago). how it works: a longer period captures bigger trends, while a shorter one reacts to recent swings. how to adjust: on a daily chart, 21 bars is about a month—good for trend trading. on a 5-minute chart, it’s just 105 minutes, so you might bump it to 50 or 100 for more meaningful moves. if you want faster signals, drop it to 10, but expect more noise. vwmo_volback = input.int(30, "VWMO Volume Lookback") this sets the period for calculating average volume (default 30 bars). VWMO weights momentum by volume divided by this average. how it works: it compares current volume to the average to see if a move has strong participation. a longer lookback smooths the average, while a shorter one makes it more sensitive. how to adjust: for stocks with spiky volume (like NVDA on earnings), a longer lookback (50 or 100) avoids overreacting to one-off spikes. for steady volume stocks, try 20. match this to your timeframe—shorter timeframes might need a shorter lookback. vwmo_smooth = input.int(9, "VWMO Smoothing") this sets the SMA period to smooth VWMO’s raw momentum (default 9 bars). how it works: smoothing reduces noise in the signal, making VWMO more reliable for voting. a longer smoothing period cuts more noise but adds lag. how to adjust: if VWMO is too jumpy (lots of false votes), increase to 15. if it’s too slow and missing trades, drop to 5. test on your chart to see what keeps the signal clean but responsive. vwmo_threshold = input.float(10, "VWMO Threshold") this is the cutoff for VWMO to vote for a trade (default 10). above 10, it votes for a long; below -10, a short. how it works: it ensures only strong momentum signals count. a higher threshold means fewer but stronger trades. how to adjust: if you want more trades, lower it to 5. if you’re getting too many weak signals, raise it to 15. this depends on your market—volatile stocks might need a higher threshold to filter noise. VEI (Velocity Efficiency Index) VEI measures market efficiency and velocity to filter out choppy moves and focus on strong trends. vei_eflen = input.int(14, "VEI Efficiency Smoothing") this sets the EMA period for smoothing VEI’s efficiency calc (bar range / volume, default 14 bars). how it works: efficiency is how much price moves per unit of volume. smoothing it with an EMA reduces noise, focusing on consistent efficiency. a longer period smooths more but adds lag. how to adjust: for choppy markets, increase to 20 to filter out noise. for faster markets, drop to 10 for quicker signals. this should match your timeframe—shorter timeframes might need a shorter period. vei_momlen = input.int(8, "VEI Momentum Length") this sets how many bars back VEI looks to calculate momentum in efficiency (default 8 bars). how it works: it measures the change in smoothed efficiency over 8 bars, then adjusts for inertia (volume-to-range). a longer period captures bigger shifts, while a shorter one reacts faster. how to adjust: if VEI is missing quick reversals, drop to 5. if it’s too noisy, raise to 12. test on your chart to see what catches the right moves without too many false signals. vei_threshold = input.float(4.5, "VEI Threshold") this is the cutoff for VEI to vote for a trade (default 4.5). above 4.5, it votes for a long; below -4.5, a short. how it works: it ensures only strong, efficient moves count. a higher threshold means fewer trades but higher quality. how to adjust: if you’re not getting enough trades, lower to 3. if you’re seeing too many false entries, raise to 6. this depends on your market—fast stocks like NQ1 might need a lower threshold. Features Multi-Signal Voting: requires all three signals (SPR, VWMO, VEI) to align for a trade, ensuring high-probability setups. Risk Management: uses ATR-based stops (2.1x) and take-profits (4.1x), with dynamic position sizing based on a risk percentage (default 0.4%). Market Filters: ADX (default 27) ensures trending conditions, choppiness index (default 54.5) avoids sideways markets, and ATR expansion (default 1.12) confirms volatility. Dashboard: provides real-time stats like SPR, VWMO, VEI values, net P/L, win rate, and streak, with a clean, functional design. Visuals EXODUS prioritizes performance over visuals, as it was built for competitive and competition purposes. entry/exit signals are marked with simple labels and shapes, and a basic heatmap highlights market regimes. a more visually stunning update may be released later, with enhanced graphics and overlays. Usage EXODUS is designed for stocks and ETFs but can be adapted for futures with adjustments. it performs best in trending markets with sufficient volatility, as confirmed by its generic tuning across symbols like TSLA, AMD, NVDA, and NQ1. adjust inputs like SPR threshold, VWMO smoothing, or VEI momentum length to suit specific assets or timeframes. Setting I used: (Again, these are a generic setting, each security needs to be fine tuned) SPR LB = 19 SPR TH = 0.5 SPR ATR L= 21 SPR RTH Sess: 9:30 – 16:00 VWMO L = 21 VWMO LB = 18 VWMO S = 6 VWMO T = 8 VEI ES = 14 VEI ML = 21 VEI T = 4 R % = 0.4 ATR L = 21 ATR M (S) =1.1 TP Multi = 2.1 ATR min mult = 0.8 ATR Expansion = 1.02 ADX L = 21 Min ADX = 25 Choppiness Index = 14 Chop. Max T = 55.5 Backtesting: TSLA Frame: Jan 02, 2018, 08:00 — May 01, 2025, 09:00 Slippage: 3 Commission .01 Disclaimer this strategy is for educational purposes. past performance is not indicative of future results. trading involves significant risk, and you should only trade with capital you can afford to lose. always backtest and validate any strategy before using it in live markets. (This publishing will most likely be taken down do to some miscellaneous rule about properly displaying charting symbols, or whatever. Once I've identified what part of the publishing they want to pick on, I'll adjust and repost.) About the Author Dskyz (DAFE) Trading Systems is dedicated to building high-performance trading algorithms. EXODUS is a product of rigorous research and development, aimed at delivering consistent, and data-driven trading solutions. Use it with discipline. Use it with clarity. Trade smarter. **I will continue to release incredible strategies and indicators until I turn this into a brand or until someone offers me a contract. 2025 Created by Dskyz, powered by DAFE Trading Systems. Trade smart, trade bold.
Strategi Pine Script®
oleh DskyzInvestments
2
WhispererRealtimeVolumeLibrary "WhispererRealtimeVolume" ▮ Overview The Whisperer Realtime Volume Library is a lightweight and reusable Pine Script® library designed for real-time volume analysis. It calculates up, down, and neutral volumes dynamically, making it an essential tool for traders who want to gain deeper insights into market activity. This library is a simplified and modular version of the original "Realtime Volume Bars w Market Buy/Sell/Neutral split & Mkt Delta" indicator by the_MarketWhisperer , tailored for integration into custom scripts. How bars are classified - Up Bars If the current bar’s closing price is higher than the previous bar’s closing price, it is classified as an up bar. Volume handling: The increase in volume for this bar is added to the up volume. This represents buying pressure. - Down Bars If the current bar’s closing price is lower than the previous bar’s closing price, it is classified as a down bar. Volume handling: The increase in volume for this bar is added to the down volume. This represents selling pressure. - Neutral Bars If the current bar’s closing price is the same as the previous bar’s closing price, it is classified as a neutral bar. Volume handling: If neutral volume is enabled, the volume is added to the neutral volume. If neutral volume is not enabled, the volume is assigned to the same direction as the previous bar (up or down). If the previous direction is unknown, it is added to the neutral volume. ▮ What to look for Real-Time Volume Calculation : Analyze up, down, and neutral volumes in real-time based on price movements and bar volume. Customizable Start Line : Add a visual reference line to your chart for better context by viewing the starting point of real-time bars. Ease of Integration : Designed as a library for seamless use in other Pine Script® indicators or strategies. ▮ How to use Example code: //@version=6 indicator("Volume Realtime from Whisperer") import andre_007/WhispererRealtimeVolume/4 as MW MW.displayStartLine(startLineColor = color.gray, startLineWidth = 1, startLineStyle = line.style_dashed, displayStartLine = true, y1=volume, y2=volume + 10) = MW.mw_upDownVolumeRealtime(true) plot(volume, style=plot.style_columns, color=color.gray) plot(volumeUp, style=plot.style_columns, color=color.green) plot(volumeDown, style=plot.style_columns, color=color.red) plot(volumeNeutral, style=plot.style_columns, color=color.purple) ▮ Credits This library is inspired by the original work of the_MarketWhisperer , whose "Realtime Volume Bars" indicator served as the foundation. Link to original indicator :
Perpustakaan Pine Script®
oleh andre_007
Anchored Darvas Box## ANCHORED DARVAS BOX --- ### OVERVIEW **Anchored Darvas Box** lets you drop a single timestamp on your chart and build a Darvas-style consolidation zone forward from that exact candle. The indicator freezes the first user-defined number of bars to establish the range, verifies that price respects that range for another user-defined number of bars, then waits for the first decisive breakout. The resulting rectangle captures every tick of the accumulation phase and the exact moment of expansion—no manual drawing, complete timestamp precision. --- ### HISTORICAL BACKGROUND Nicolas Darvas’s 1950s box theory tracked institutional accumulation by hand-drawing rectangles around tight price ranges. A trade was triggered only when price escaped the rectangle. The anchored version preserves Darvas’s logic but pins the entire sequence to a user-chosen candle: perfect for analysing a market open, an earnings release, FOMC minute, or any other catalytic bar. --- ### ALGORITHM DETAIL 1. **ANCHOR BAR** *You provide a timestamp via the settings panel.* The script waits until the chart reaches that bar and records its index as **startBar**. 2. **RANGE DEFINITION — BARS 1-7** • `rangeHigh` = highest high of bars 1-7 plus optional tolerance. • `rangeLow` = lowest low of bars 1-7 minus optional tolerance. 3. **RANGE VALIDATION — BARS 8-14** • Price must stay inside ` `. • Any violation aborts the test; no box is created. 4. **ARMED STATE** • If bars 8-14 hold the range, two live guide-lines appear: – **Green** at `rangeHigh` – **Red** at `rangeLow` • The script is now “armed,” waiting indefinitely for the first true breakout. 5. **BREAKOUT & BOX CREATION** • **Up breakout** =`high > rangeHigh` → rectangle drawn in **green**. • **Down breakout**=`low < rangeLow` → rectangle drawn in **red**. • Box extends from **startBar** to the breakout bar and never updates again. • Optional labels print the dollar and percentage height of the box at its left edge. 6. **OPTIONAL COOLDOWN** • After the box is painted the script can stay silent for a user-defined number of bars, letting you study the fallout without another range immediately arming on top of it. --- ### INPUT PARAMETERS • **ANCHOR TIME** – Precise yyyy-mm-dd HH:MM:SS that seeds the sequence. • **BARS TO DEFINE RANGE** – Default 7; affects both definition and validation windows. • **OPTIONAL TOLERANCE** – Absolute price buffer to ignore micro-wicks. • **COOLDOWN BARS AFTER BREAKOUT** – Pause length before the indicator is allowed to re-anchor (set to zero to disable). • **SHOW BOX DISTANCE LABELS** – Toggle to print Δ\$ and Δ% on every completed box. --- ### USER WORKFLOW 1. Add the indicator, open settings, and set **ANCHOR TIME** to the candle you care about (e.g., “2025-04-23 09:30:00” for NYSE open). 2. Watch live as the script: – Paints the seven-bar range. – Draws validation lines. – Locks in the box on breakout. 3. Use the box boundaries as structural stops, targets, or context for further trades. --- ### PRACTICAL APPLICATIONS • **OPENING RANGE BREAKOUTS** – Anchor at the first second of the session; capture the initial 7-bar range and trade the first clean break. • **EVENT STUDIES** – Anchor at a news candle to measure immediate post-event volatility. • **VOLUME PROFILE FUSION** – Combine the anchored box with VPVR to see if the breakout occurs at a high-volume node or a low-liquidity pocket. • **RISK DISCIPLINE** – Stop-loss can sit just inside the opposite edge of the anchored range, enforcing objective risk. --- ### ADVANCED CUSTOMISATION IDEAS • **MULTIPLE ANCHORS** – Clone the indicator and anchor several boxes (e.g., London open, New York open). • **DYNAMIC WINDOW** – Switch the 7-bar fixed length to a volatility-scaled length (ATR percentile). • **STRATEGY WRAPPER** – Turn the indicator into a `strategy{}` script and back-test anchored boxes on decades of data. --- ### FINAL THOUGHTS Anchored Darvas Boxes give you Darvas’s timeless range-break methodology anchored to any candle of interest—perfect for dissecting openings, economic releases, or your own bespoke “important” bars with laboratory precision.
Penunjuk Pine Script®
oleh garysebastianbrowniii
Recency-Weighted Market Memory w/ Quantile-Based DriftRecency-Weighted Market Memory w/ Quantile-Based Drift This indicator combines market memory, recency-weighted drift, quantile-based volatility analysis, momentum (RoC) filtering, and historical correlation checks to generate dynamic forecasts of possible future price levels. It calculates bullish and bearish forecast lines at each horizon, reflecting how the price might behave based on historical similarities. Trading Concepts & Mathematical Foundations Explained 1) Market Memory Concept: Markets tend to repeat past behaviors under similar conditions. By identifying historical market states that closely match current conditions, we predict future price movements based on what happened historically. Calculation Steps: We select a historical lookback window (for example, 210 bars). Each historical bar within this window is evaluated to see if its conditions match the current market. Conditions include: Correlation between price change and bullish/bearish volume changes (over a user-defined correlation lookback period). Momentum (Rate of Change, RoC) measured over a separate lookback period. Only bars closely matching current conditions (within user-defined tolerance percentages) are included. 2) Recency-Weighted Drift Concept: Recent market movements often influence future direction. We assign more importance to recent bars to capture the current market bias effectively. Calculation Steps: Consider recent price changes between opens and closes for a user-defined drift lookback (for example, last 20 bars). Give higher weight to recent bars (the most recent bar gets the highest weight, and weights decrease progressively for older bars). Average these weighted changes separately for upward and downward movements, then combine these averages to calculate a final drift percentage relative to the current price. 3) Correlation Filtering Concept: Price changes often correlate strongly with bullish or bearish volume activity. By using historical correlation comparisons, we focus only on past market states with similar volume-price dynamics. Calculation Steps: Compute current correlations between price changes and bullish/bearish volume over the user-defined correlation lookback. Evaluate each historical bar to see if its correlation closely matches the current correlation (within a user-specified percentage tolerance). Only historical bars meeting this correlation criterion are selected. 4) Momentum (RoC) Filtering Concept: Two market periods may exhibit similar correlation structures but differ in how fast prices move (momentum). To ensure true similarity, momentum is checked as an additional filter. Calculation Steps: Compute the current Rate of Change (RoC) over the specified RoC lookback. For each candidate historical bar, calculate its historical RoC. Only include historical bars whose RoC closely matches the current RoC (within the RoC percentage tolerance). 5) Quantile-Based Volatility and Drift Amplification Concept: Quantiles (such as the 95th, 50th, and 5th percentiles) help gauge if current prices are near historical extremes or the median. Quantile bands measure volatility expansions and contractions. Calculation Steps: Calculate the 95%, 50%, and 5% quantiles of price over the quantile lookback period. Add and subtract multiples of the standard deviation to these quantiles, creating upper and lower bands. Measure the bands' widths relative to the current price as volatility indicators. Determine the active quantile (95%, 50%, or 5%) based on proximity to the current price (within a percentage tolerance). Compute the rate of change (RoC) of the active quantile to detect directional bias. Combine volatility and quantile RoC into a scaling factor that amplifies or dampens expected price moves. 6) Expected Value (EV) Computation & Forecast Lines Concept: We forecast future prices based on how similarly-conditioned historical periods performed. We average historical moves to estimate the expected future price. Calculation Steps: For each forecast horizon (e.g., 1 to 27 bars ahead), collect all historical price moves that passed correlation and RoC filters. Calculate average historical moves for bullish and bearish cases separately. Adjust these averages by applying recency-weighted drift and quantile-based scaling. Translate adjusted percentages into absolute future price forecasts. Draw bullish and bearish forecast lines accordingly. Indicator Inputs & Their Roles Correlation Tolerance (%) Adjusts how strictly the indicator matches historical correlation. Higher tolerance includes more matches, lower tolerance selects fewer but closer matches. Price RoC Lookback and Price RoC Tolerance (%) Controls how momentum (speed of price moves) is matched historically. Increasing tolerance broadens historical matches. Drift Lookback (bars) Determines the number of recent bars influencing current drift estimation. Quantile Lookback Period and Std Dev Multipliers Defines quantile calculation and the size of the volatility bands. Quantile Contact Tolerance (%) Sets how close the current price must be to a quantile for it to be considered "active." Forecast Horizons Specifies how many future bars to forecast. Continuous Forecast Lines Toggles between drawing continuous lines or separate horizontal segments for each forecast horizon. Practical Trading Applications Bullish & Bearish EV Lines These forecast lines indicate expected price levels based on historical similarity. Green indicates positive expectations; red indicates negative. Momentum vs. Mean Reversion Wide quantile bands and high drift suggest momentum, while extremes may signal possible reversals. Volatility Sensitivity Forecasts adapt dynamically to market volatility. Broader bands increase forecasted price movements. Filtering Non-Relevant Historical Data By using both correlation and RoC filtering, irrelevant past periods are excluded, enhancing forecast reliability. Multi-Timeframe Suitability Adaptable parameters make this indicator suitable for different trading styles and timeframes. Complementary Tool This indicator provides probabilistic projections rather than direct buy or sell signals. Combine it with other trading signals and analyses for optimal results. Important Considerations While historically-informed forecasts are valuable, market behavior can evolve unpredictably. Always manage risks and use supplementary analysis. Experiment extensively with input settings for your specific market and timeframe to optimize forecasting performance. Summary The Recency-Weighted Market Memory w/ Quantile-Based Drift indicator uniquely merges multiple sophisticated concepts, delivering dynamic, historically-informed price forecasts. By combining historical similarity, adaptive drift, momentum filtering, and quantile-driven volatility scaling, traders gain an insightful perspective on future price possibilities. Feel free to experiment, explore, and enjoy this powerful addition to your trading toolkit!
Penunjuk Pine Script®
oleh garysebastianbrowniii
SCE Price Action SuiteThis is an indicator designed to use past market data to mark key price action levels as well as provide a different kind of insight. There are 8 different features in the script that users can turn on and off. This description will go in depth on all 8 with chart examples. #1 Absorption Zones I defined Absorption Zones as follows. //---------------------------------------------- //---------------Absorption--------------------- //---------------------------------------------- box absorptionBox = na absorptionBar = ta.highest(bodySize, absorptionLkb) bsab = ta.barssince(bool(ta.change(absorptionBar))) if bsab == 0 and upBar and showAbsorption absorptionBox := box.new(left = bar_index - 1, top = close, right = bar_index + az_strcuture, bottom = open, border_color = color.rgb(0, 80, 75), border_width = boxLineSize, bgcolor = color.rgb(0, 80, 75)) absorptionBox else if bsab == 0 and downBar and showAbsorption absorptionBox := box.new(left = bar_index - 1, top = close, right = bar_index + az_strcuture, bottom = open, border_color = color.rgb(105, 15, 15), border_width = boxLineSize, bgcolor = color.rgb(105, 15, 15)) absorptionBox What this means is that absorption bars are defined as the bars with the largest bodies over a selected lookback period. Those large bodies represent areas where price may react. I was inspired by the concept of a Fair Value Gap for this concept. In that body price may enter to be a point of support or resistance, market participants get “absorbed” in the area so price can continue in whichever direction. #2 Candle Wick Theory/Strategy I defined Candle Wick Theory/Strategy as follows. //---------------------------------------------- //---------------Candle Wick-------------------- //---------------------------------------------- highWick = upBar ? high - close : downBar ? high - open : na lowWick = upBar ? open - low : downBar ? close - low : na upWick = upBar ? close + highWick : downBar ? open + highWick : na downWick = upBar ? open - lowWick : downBar ? close - lowWick : na downDelivery = upBar and downBar and high > upWick and highWick > lowWick and totalSize > totalSize and barstate.isconfirmed and session.ismarket upDelivery = downBar and upBar and low < downWick and highWick < lowWick and totalSize > totalSize and barstate.isconfirmed and session.ismarket line lG = na line lE = na line lR = na bodyMidpoint = math.abs(body) / 2 upWickMidpoint = math.abs(upWickSize) / 2 downWickkMidpoint = math.abs(downWickSize) / 2 if upDelivery and showCdTheory cpE = chart.point.new(time, bar_index - 1, downWickkMidpoint) cpE2 = chart.point.new(time, bar_index + bl, downWickkMidpoint) cpG = chart.point.new(time, bar_index + bl, downWickkMidpoint * (1 + tp)) cpR = chart.point.new(time, bar_index + bl, downWickkMidpoint * (1 - sl)) cpG1 = chart.point.new(time, bar_index - 1, downWickkMidpoint * (1 + tp)) cpR1 = chart.point.new(time, bar_index - 1, downWickkMidpoint * (1 - sl)) lG := line.new(cpG1, cpG, xloc.bar_index, extend.none, color.green, line.style_solid, 1) lE := line.new(cpE, cpE2, xloc.bar_index, extend.none, color.white, line.style_solid, 1) lR := line.new(cpR1, cpR, xloc.bar_index, extend.none, color.red, line.style_solid, 1) lR else if downDelivery and showCdTheory cpE = chart.point.new(time, bar_index - 1, upWickMidpoint) cpE2 = chart.point.new(time, bar_index + bl, upWickMidpoint) cpG = chart.point.new(time, bar_index + bl, upWickMidpoint * (1 - tp)) cpR = chart.point.new(time, bar_index + bl, upWickMidpoint * (1 + sl)) cpG1 = chart.point.new(time, bar_index - 1, upWickMidpoint * (1 - tp)) cpR1 = chart.point.new(time, bar_index - 1, upWickMidpoint * (1 + sl)) lG := line.new(cpG1, cpG, xloc.bar_index, extend.none, color.green, line.style_solid, 1) lE := line.new(cpE, cpE2, xloc.bar_index, extend.none, color.white, line.style_solid, 1) lR := line.new(cpR1, cpR, xloc.bar_index, extend.none, color.red, line.style_solid, 1) lR First I get the size of the wicks for the top and bottoms of the candles. This depends on if the bar is red or green. If the bar is green the wick is the high minus the close, if red the high minus the open, and so on. Next, the script defines the upper and lower bounds of the wicks for further comparison. If the candle is green, it's the open price minus the bottom wick. If the candle is red, it's the close price minus the bottom wick, and so on. Next we have the condition for when this strategy is present. Down delivery: Occurs when the previous candle is green, the current candle is red, and: The high of the current candle is above the upper wick of the previous candle. The size of the current candle's top wick is greater than its bottom wick. The total size of the previous candle is greater than the total size of the current candle. The current bar is confirmed (barstate.isconfirmed). The session is during market hours (session.ismarket). Up delivery: Occurs when the previous candle is red, the current candle is green, and: The low of the current candle is below the lower wick of the previous candle. The size of the current candle's bottom wick is greater than its top wick. The total size of the previous candle is greater than the total size of the current candle. The current bar is confirmed. The session is during market hours Then risk is plotted from the percentage that users can input from an ideal entry spot. #3 Candle Size Theory I defined Candle Size Theory as follows. //---------------------------------------------- //---------------Candle displacement------------ //---------------------------------------------- line lECD = na notableDown = bodySize > bodySize * candle_size_sensitivity and downBar and session.ismarket and barstate.isconfirmed notableUp = bodySize > bodySize * candle_size_sensitivity and upBar and session.ismarket and barstate.isconfirmed if notableUp and showCdSizeTheory cpE = chart.point.new(time, bar_index - 1, close) cpE2 = chart.point.new(time, bar_index + bl_strcuture, close) lECD := line.new(cpE, cpE2, xloc.bar_index, extend.none, color.rgb(0, 80, 75), line.style_solid, 3) lECD else if notableDown and showCdSizeTheory cpE = chart.point.new(time, bar_index - 1, close) cpE2 = chart.point.new(time, bar_index + bl_strcuture, close) lECD := line.new(cpE, cpE2, xloc.bar_index, extend.none, color.rgb(105, 15, 15), line.style_solid, 3) lECD This plots candles that are “notable” or out of the ordinary. Candles that are larger than the last by a value users get to specify. These candles' highs or lows, if they are green or red, act as levels for support or resistance. #4 Candle Structure Theory I defined Candle Structure Theory as follows. //---------------------------------------------- //---------------Structure---------------------- //---------------------------------------------- breakDownStructure = low < low and low < low and high > high and upBar and downBar and upBar and downBar and session.ismarket and barstate.isconfirmed breakUpStructure = low > low and low > low and high < high and downBar and upBar and downBar and upBar and session.ismarket and barstate.isconfirmed if breakUpStructure and showStructureTheory cpE = chart.point.new(time, bar_index - 1, close) cpE2 = chart.point.new(time, bar_index + bl_strcuture, close) lE := line.new(cpE, cpE2, xloc.bar_index, extend.none, color.teal, line.style_solid, 3) lE else if breakDownStructure and showStructureTheory cpE = chart.point.new(time, bar_index - 1, open) cpE2 = chart.point.new(time, bar_index + bl_strcuture, open) lE := line.new(cpE, cpE2, xloc.bar_index, extend.none, color.red, line.style_solid, 3) lE It is a series of candles to create a notable event. 2 lower lows in a row, a lower high, then green bar, red bar, green bar is a structure for a breakdown. 2 higher lows in a row, a higher high, red bar, green bar, red bar for a break up. #5 Candle Swing Structure Theory I defined Candle Swing Structure Theory as follows. //---------------------------------------------- //---------------Swing Structure---------------- //---------------------------------------------- line htb = na line ltb = na if totalSize * swing_struct_sense < totalSize and upBar and downBar and high > high and showSwingSturcture and session.ismarket and barstate.isconfirmed cpS = chart.point.new(time, bar_index - 1, high) cpE = chart.point.new(time, bar_index + bl_strcuture, high) htb := line.new(cpS, cpE, xloc.bar_index, color = color.red, style = line.style_dashed) htb else if totalSize * swing_struct_sense < totalSize and downBar and upBar and low > low and showSwingSturcture and session.ismarket and barstate.isconfirmed cpS = chart.point.new(time, bar_index - 1, low) cpE = chart.point.new(time, bar_index + bl_strcuture, low) ltb := line.new(cpS, cpE, xloc.bar_index, color = color.teal, style = line.style_dashed) ltb A bearish swing structure is defined as the last candle’s total size, times a scalar that the user can input, is less than the current candles. Like a size imbalance. The last bar must be green and this one red. The last high should also be less than this high. For a bullish swing structure the same size imbalance must be present, but we need a red bar then a green bar, and the last low higher than the current low. #6 Fractal Boxes I define the Fractal Boxes as follows //---------------------------------------------- //---------------Fractal Boxes------------------ //---------------------------------------------- box b = na int indexx = na if bar_index % (n * 2) == 0 and session.ismarket and showBoxes b := box.new(left = bar_index, top = topBox, right = bar_index + n, bottom = bottomBox, border_color = color.rgb(105, 15, 15), border_width = boxLineSize, bgcolor = na) indexx := bar_index + 1 indexx The idea of this strategy is that the market is fractal. It is considered impossible to be able to tell apart two different time frames from just the chart. So inside the chart there are many many breakouts and breakdowns happening as price bounces around. The boxes are there to give you the view from your timeframe if the market is in a range from a time frame that would be higher than it. Like if we are inside what a larger time frame candle’s range. If we break out or down from this, we might be able to trade it. Users can specify a lookback period and the box is that period’s, as an interval, high and low. I say as an interval because it is plotted every n * 2 bars. So we get a box, price moves, then a new box. #7 Potential Move Width I define the Potential Move Width as follows //---------------------------------------------- //---------------Move width--------------------- //---------------------------------------------- velocity = V(n) line lC = na line l = na line l2 = na line l3 = na line l4 = na line l5 = na line l6 = na line l7 = na line l8 = na line lGFractal = na line lRFractal = na cp2 = chart.point.new(time, bar_index + n, close + velocity) cp3 = chart.point.new(time, bar_index + n, close - velocity) cp4 = chart.point.new(time, bar_index + n, close + velocity * 5) cp5 = chart.point.new(time, bar_index + n, close - velocity * 5) cp6 = chart.point.new(time, bar_index + n, close + velocity * 10) cp7 = chart.point.new(time, bar_index + n, close - velocity * 10) cp8 = chart.point.new(time, bar_index + n, close + velocity * 15) cp9 = chart.point.new(time, bar_index + n, close - velocity * 15) cpG = chart.point.new(time, bar_index + n, close + R) cpR = chart.point.new(time, bar_index + n, close - R) if ((bar_index + n) * 2 - bar_index) % n == 0 and session.ismarket and barstate.isconfirmed and showPredictionWidtn cp = chart.point.new(time, bar_index, close) cpG1 = chart.point.new(time, bar_index, close + R) cpR1 = chart.point.new(time, bar_index, close - R) l := line.new(cp, cp2, xloc.bar_index, extend.none, color.aqua, line.style_solid, 1) l2 := line.new(cp, cp3, xloc.bar_index, extend.none, color.aqua, line.style_solid, 1) l3 := line.new(cp, cp4, xloc.bar_index, extend.none, color.red, line.style_solid, 1) l4 := line.new(cp, cp5, xloc.bar_index, extend.none, color.red, line.style_solid, 1) l5 := line.new(cp, cp6, xloc.bar_index, extend.none, color.teal, line.style_solid, 1) l6 := line.new(cp, cp7, xloc.bar_index, extend.none, color.teal, line.style_solid, 1) l7 := line.new(cp, cp8, xloc.bar_index, extend.none, color.blue, line.style_solid, 1) l8 := line.new(cp, cp9, xloc.bar_index, extend.none, color.blue, line.style_solid, 1) l8 By using the past n bar’s velocity, or directional speed, every n * 2 bars. I can use it to scale the close value and get an estimate for how wide the next moves might be. #8 Linear regression //---------------------------------------------- //---------------Linear Regression-------------- //---------------------------------------------- lr = showLR ? ta.linreg(close, n, 0) : na plot(lr, 'Linear Regression', color.blue) I used TradingView’s built in linear regression to not reinvent the wheel. This is present to see past market strength of weakness from a different perspective. User input Users can control a lot about this script. For the strategy based plots you can enter what you want the risk to be in percentages. So the default 0.01 is 1%. You can also control how far forward the line goes. Look back at where it is needed as well as line width for the Fractal Boxes are controllable. Also users can check on and off what they would like to see on the charts. No indicator is 100% reliable, do not follow this one blindly. I encourage traders to make their own decisions and not trade solely based on technical indicators. I encourage constructive criticism in the comments below. Thank you.
Penunjuk Pine Script®
oleh ScorsoneEnterprises
PseudoPlotLibrary "PseudoPlot" PseudoPlot: behave like plot and fill using polyline This library enables line plotting by polyline like plot() and fill(). The core of polyline() is array of chart.point array, polyline() is called in its method. Moreover, plotarea() makes a box in main chart, plotting data within the box is enabled. It works so slowy to manage array of chart.point, so limit the target to visible area of the chart. Due to polyline specifications, na and expression can not be used for colors. 1. pseudoplot pseudoplot() behaves like plot(). //use plot() plot(close) //use pseudoplot() pseudoplot(close) Pseudoplot has label. Label is enabled when title argument is set. In the example bellow, "close value" label is shown with line. The label is shown at right of the line when recent bar is visible. It is shown at 15% from the left of visible area when recent bar is not visible. Just set "" if you don't need label. //use plot() plot(close,"close value") //use pseudoplot pseudoplot(close, "close value") Arguments are designed in an order as similar as possible to plot. plot(series, title, color, linewidth, style, trackprice, histbase, offset, join, editable, show_last, display, format, precision, force_overlay) → plot pseudoplot(series, title, ,linecolor ,linewidth, linestyle, labelbg, labeltext, labelsize, shorttitle, format, xpos_from_left, overlay) → pseudo_plot 2. pseudofill pseudofill() behaves like fill(). The label is shown(text only) at right of the line when recent bar is visible. It is shown at 10% from the left of visible area when recent bar is not visible. Just set "" if you don't need label. //use plot() and fill() p1=plot(open) p2=plot(close) fill(p1,p2) //use pseudofill() pseudofill(open,close) Arguments are designed in an order as similar as possible to fill. fill(hline1, hline2, color, title, editable, fillgaps, display) → void pseudofill(series1, series2, fillcolor, title, linecolor, linewidth, linestyle, labeltext, labelsize, shorttitle, format, xpos_from_left, overlay) → pseudo_plot 3. plotarea and its methods plotarea() makes a box in main chart. You can set the box position to top or bottom, and the box height in percentage of the range of visible high and low prices. x-coordinate of the box is from chart.left_visible_bar_time to chart.right_visible_bar_time, y-coordinate is highest and lowest price of visible bars. pseudoplot() and pseudofill() work as method of plotarea(box). Usage is almost same as the function version, just set min and max value, y-coodinate is remapped automatically. hline() is also available. The y-coordinate of hline is specified as a percentage from the bottom. plotarea() and its associated methods are overlay=true as default. Depending on the drawing order of the objects, plot may become invisible, so the bgcolor of plotarea should be na or tranceparent. //1. make a plotarea // bgcolor should be na or transparent color. area=plotarea("bottom",30,"plotarea",bgcolor=na) //2. plot in a plotarea //(min=0, max=100 is omitted as it is the default.) area.pseudoplot(ta.rsi(close,14)) //3. draw hlines area.hline(30,linestyle="dotted",linewidth=2) area.hline(70,linestyle="dotted",linewidth=2) 4. Data structure and sub methods Array management is most imporant part of using polyline. I don't know the proper way to handle array, so it is managed by array and array as intermediate data. (type xy_arrays to manage bar_time and price as independent arrays.) method cparray() pack arrays to array, when array includes both chart.left_visible_bar_time and chart.right_visible_bar.time. Calling polyline is implemented as methods of array of chart.point. Method creates polyline object if array is not empty. method polyline(linecolor, linewidth, linestyle, overlay) → series polyline method polyline_fill(fillcolor, linecolor, linewidth, linestyle, overlay) → series polyline Also calling label is implemented as methods of array of chart.point. Method creates label ofject if array is not empty. Label is located at right edge of the chart when recent bar is visible, located at left side when recent bar is invisible. label(title, labelbg, labeltext, labelsize, format, shorttitle, xpos_from_left, overlay) → series label label_for_fill(title, labeltext, labelsize, format, shorttitle, xpos_from_left, overlay) → series label visible_xyInit(series)   make arrays of visible x(bar_time) and y(price/value).   Parameters:      series (float) : (float) series variable   Returns: (xy_arrays) method remap(this, bottom, top, min, max)   Namespace types: xy_arrays   Parameters:      this (xy_arrays)      bottom (float) : (float) bottom price to ajust.      top (float) : (float) top price to ajust.      min (float) : (float) min of src value.      max (float) : (float) max of src value.   Returns: (xy_arrays) method polyline(this, linecolor, linewidth, linestyle, overlay)   Namespace types: array   Parameters:      this (array)      linecolor (color) : (color) color of polyline.      linewidth (int) : (int) width of polyline.      linestyle (string) : (string) linestyle of polyline. default is line.style_solid("solid"), others line.style_dashed("dashed"), line.style_dotted("dotted").      overlay (bool) : (bool) force_overlay of polyline. default is false.   Returns: (polyline) method polyline_fill(this, fillcolor, linecolor, linewidth, linestyle, overlay)   Namespace types: array   Parameters:      this (array)      fillcolor (color)      linecolor (color) : (color) color of polyline.      linewidth (int) : (int) width of polyline.      linestyle (string) : (string) linestyle of polyline. default is line.style_solid("solid"), others line.style_dashed("dashed"), line.style_dotted("dotted").      overlay (bool) : (bool) force_overlay of polyline. default is false.   Returns: (polyline) method label(this, title, labelbg, labeltext, labelsize, format, shorttitle, xpos_from_left, overlay)   Namespace types: array   Parameters:      this (array)      title (string) : (string) label text.      labelbg (color) : (color) color of label bg.      labeltext (color) : (color) color of label text.      labelsize (int) : (int) size of label.      format (string) : (string) textformat of label. default is text.format_none("none"). others text.format_bold("bold"), text.format_italic("italic"), text.format_bold+text.format_italic("bold+italic").      shorttitle (string) : (string) another label text for recent bar is not visible.      xpos_from_left (int) : (int) another label x-position(percentage from left of chart width), when recent bar is not visible. default is 15%.      overlay (bool) : (bool) force_overlay of label. default is false.   Returns: (label) method label_for_fill(this, title, labeltext, labelsize, format, shorttitle, xpos_from_left, overlay)   Namespace types: array   Parameters:      this (array)      title (string) : (string) label text.      labeltext (color) : (color) color of label text.      labelsize (int) : (int) size of label.      format (string) : (string) textformat of label. default is text.format_none("none"). others text.format_bold("bold"), text.format_italic("italic"), text.format_bold+text.format_italic("bold+italic").      shorttitle (string) : (string) another label text for recent bar is not visible.      xpos_from_left (int) : (int) another label x-position(percentage from left of chart width), when recent bar is not visible. default is 10%.      overlay (bool) : (bool) force_overlay of label. default is false.   Returns: (label) pseudoplot(series, title, linecolor, linewidth, linestyle, labelbg, labeltext, labelsize, shorttitle, format, xpos_from_left, overlay)   polyline like plot with label   Parameters:      series (float) : (float) series variable to plot.      title (string) : (string) title if need label. default value is ""(disable label).      linecolor (color) : (color) color of line.      linewidth (int) : (int) width of line.      linestyle (string) : (string) style of plotting line. default is "solid", others "dashed", "dotted".      labelbg (color) : (color) color of label bg.      labeltext (color) : (color) color of label text.      labelsize (int) : (int) size of label text.      shorttitle (string) : (string) another label text for recent bar is not visible.      format (string) : (string) textformat of label. default is text.format_none("none"). others text.format_bold("bold"), text.format_italic("italic"), text.format_bold+text.format_italic("bold+italic").      xpos_from_left (int) : (int) another label x-position(percentage from left of chart width), when recent bar is not visible. default is 15%.      overlay (bool) : (bool) force_overlay of polyline and label.   Returns: (pseudo_plot) method pseudoplot(this, series, title, linecolor, linewidth, linestyle, labelbg, labeltext, labelsize, shorttitle, format, xpos_from_left, min, max, overlay)   Namespace types: series box   Parameters:      this (box)      series (float) : (float) series variable to plot.      title (string) : (string) title if need label. default value is ""(disable label).      linecolor (color) : (color) color of line.      linewidth (int) : (int) width of line.      linestyle (string) : (string) style of plotting line. default is "solid", others "dashed", "dotted".      labelbg (color) : (color) color of label bg.      labeltext (color) : (color) color of label text.      labelsize (int) : (int) size of label text.      shorttitle (string) : (string) another label text for recent bar is not visible.      format (string) : (string) textformat of label. default is text.format_none("none"). others text.format_bold("bold"), text.format_italic("italic"), text.format_bold+text.format_italic("bold+italic").      xpos_from_left (int) : (int) another label x-position(percentage from left of chart width), when recent bar is not visible. default is 15%.      min (float)      max (float)      overlay (bool) : (bool) force_overlay of polyline and label.   Returns: (pseudo_plot) pseudofill(series1, series2, fillcolor, title, linecolor, linewidth, linestyle, labeltext, labelsize, shorttitle, format, xpos_from_left, overlay)   fill by polyline   Parameters:      series1 (float) : (float) series variable to plot.      series2 (float) : (float) series variable to plot.      fillcolor (color) : (color) color of fill.      title (string)      linecolor (color) : (color) color of line.      linewidth (int) : (int) width of line.      linestyle (string) : (string) style of plotting line. default is "solid", others "dashed", "dotted".      labeltext (color)      labelsize (int)      shorttitle (string)      format (string) : (string) textformat of label. default is text.format_none("none"). others text.format_bold("bold"), text.format_italic("italic"), text.format_bold+text.format_italic("bold+italic").      xpos_from_left (int) : (int) another label x-position(percentage from left of chart width), when recent bar is not visible. default is 15%.      overlay (bool) : (bool) force_overlay of polyline and label.   Returns: (pseudoplot) method pseudofill(this, series1, series2, fillcolor, title, linecolor, linewidth, linestyle, labeltext, labelsize, shorttitle, format, xpos_from_left, min, max, overlay)   Namespace types: series box   Parameters:      this (box)      series1 (float) : (float) series variable to plot.      series2 (float) : (float) series variable to plot.      fillcolor (color) : (color) color of fill.      title (string)      linecolor (color) : (color) color of line.      linewidth (int) : (int) width of line.      linestyle (string) : (string) style of plotting line. default is "solid", others "dashed", "dotted".      labeltext (color)      labelsize (int)      shorttitle (string)      format (string) : (string) textformat of label. default is text.format_none("none"). others text.format_bold("bold"), text.format_italic("italic"), text.format_bold+text.format_italic("bold+italic").      xpos_from_left (int) : (int) another label x-position(percentage from left of chart width), when recent bar is not visible. default is 15%.      min (float)      max (float)      overlay (bool) : (bool) force_overlay of polyline and label.   Returns: (pseudo_plot) plotarea(pos, height, title, bordercolor, borderwidth, bgcolor, textsize, textcolor, format, overlay)   subplot area in main chart   Parameters:      pos (string) : (string) position of subplot area, bottom or top.      height (int) : (float) percentage of visible chart heght.      title (string) : (string) text of area box.      bordercolor (color) : (color) color of border.      borderwidth (int) : (int) width of border.      bgcolor (color) : (string) color of area bg.      textsize (int)      textcolor (color)      format (string)      overlay (bool) : (bool) force_overlay of polyline and label.   Returns: (box) method hline(this, ypos_from_bottom, linecolor, linestyle, linewidth, overlay)   Namespace types: series box   Parameters:      this (box)      ypos_from_bottom (float) : (float) percentage of box height from the bottom of box.(bottom is 0%, top is 100%).      linecolor (color) : (color) color of line.      linestyle (string) : (string) style of line.      linewidth (int) : (int) width of line.      overlay (bool) : (bool) force_overlay of polyline and label.   Returns: (line) pseudo_plot   polyline and label.   Fields:      p (series polyline)      l (series label) xy_arrays   x(bartime) and y(price or value) arrays.   Fields:      t (array)      p (array)
Perpustakaan Pine Script®
oleh nazomobile
Salman Indicator: Multi-Purpose Price ActionSalman Indicator: Multi-Purpose Price Action Tool for Pin Bars, Breakouts, and VWAP Anchoring This indicator provides a comprehensive suite of price action insights, designed for active traders looking to identify key market structures and potential reversals. The script incorporates a Quarterly VWAP for trend bias, marks pin bars for possible reversal points, highlights outside bars for volatility signals, and indicates simple breakouts and pivot-level breaks. Customizable settings allow for flexibility in various trading styles, with default settings optimized for daily charts. Outside Bars : Represented by an ⤬ symbol on the chart, these indicate bars where the current high is greater than the previous bar’s high, and the low is lower than the previous bar’s low, signaling high volatility and potential market reversals. Pin Bars : Denoted by a small dot at the top or bottom of a candle’s wick, these are crucial signals of potential reversal areas. Pin bars are identified based on the percentage length of their shadows, with adjustable strictness in settings. Quarterly VWAP : The light blue line on the chart represents the VWAP (Volume-Weighted Average Price), which is anchored to the Quarterly period by default. The VWAP acts as a directional bias filter, helping you to determine underlying market trends. This period, source, and offset are fully adjustable in the script’s settings. Simple Breaks : Hollow candles on the chart indicate "simple breaks," defined when the current bar closes above the previous high or below the previous low. This is an effective way to highlight directional momentum in the market. Bonus Pivot Breaks : The tilde symbol ~ appears when the price closes above or below prior pivot high/low levels, helping traders spot significant breakout or breakdown points relative to recent pivots. Alerts Simple Breaks : Alerts you when a breakout occurs beyond the previous bar’s high or low. Pin Bars : Notifies you of potential reversal points as indicated by bullish or bearish pin bars. Outside Bars : Triggers an alert whenever an outside bar is detected, indicating possible volatility changes. How to Use VWAP for Trend Bias : Use the Quarterly VWAP line to gauge overall market trend, with settings that allow adjustment to daily, weekly, monthly, or even larger time frames. Pin Bars for Reversal Potential : Look for the dot markers on candle wicks, where the strictness of the pin bar detection can be adjusted via settings to match your trading preference. Simple and Pivot Breaks for Momentum : Watch for hollow candles and the tilde symbol ~ as indicators of potential breakout momentum and pivot break levels, respectively. This script can serve traders on multiple timeframes, from daily to weekly and beyond. The flexible configuration allows for adjustments in VWAP anchoring and pin bar criteria, providing a tailored fit for individual trading strategies.
Penunjuk Pine Script®
oleh luc_crypto
2
Trendlines (long)Hi all! I hope that this indicator helps you to be a more efficient trader. The concept is well known and useful. So this is not some magic algorithm founded by me, but rather a well known concept. The concept is the drawing of trendlines. It draws trendlines that has a retest. It draws the trendlines in different colors, the colors used are blue, red, fuchsia and lime. These are the steps for finding a trendline: 1. Find a generic retest Find a low that has 2 earlier lows and 1 later low that are higher. This is the reason that a trendline will be created "1 bar late". This is the base and the indicator goes on from here, meaning that this needs to be true to continue. 2. Find an uptrend Look back 8 bars to find a low that is lower than the retest low. 3. Create the first point of a trendline Go thru every bar between the user defined "Lookback" and the retest bar (minus the user defined "Skip gap" that's needed between points to create a trendline). From the earliest bar to the latest. 4. Create the second point of the trendline Go thru every bar between the retest bar and the the first point (bar) minus the "Skip gap". From latest bar to the earliest. A trendline between the two bars are invalidated if some of the criteria are met in-between the bars creating the trendline: - closed above the trendline (trendline broken) - is not within the retest bar - the slope of the trendline is upwards (this indicator is for long entries only) - at least 1 of the bars creating the retest (1 main bar and 2 earlier bars) has NOT been above the trendline - is not the created trendline (between the two points) that's closest to the low of the retest bar TODO: - add functionality to draw trendlines directly on breakouts - add volume (high volume needed to create a trendline from a breakout/retest) - ...? I hope this explanation makes sense, let me know otherwise. Also let me know if you have any suggestions on improvements. Best of luck trading!
Penunjuk Pine Script®
oleh mickes
2
Bullish/Bearish Volume Indicator ABDJO1- red bars are bearish volume 2- yellow bars are a weakness of bearish volume. 3-green bars are a strong bullish volume. 4-Orange bars are a weakness of bullish volume. 1. Price Movements The chart does not explicitly show price movements, but the volume bars can give us indirect clues. Typically, a transition from green (strong bullish volume) to red (bearish volume) suggests a potential reversal from an uptrend to a downtrend. The presence of orange bars (weakness of bullish volume) following green bars indicates a decrease in buying momentum, which often precedes a price decline. 2. Trading Volume Green Bars: Represent strong bullish volume, indicating strong buying interest. Orange Bars: Indicate a weakening of bullish volume, suggesting that buyers are losing strength or interest at higher price levels. Yellow Bars: Represent a weakening of bearish volume, which could indicate that selling pressure is decreasing and a potential reversal or stabilization in price might occur. Red Bars: Signify strong bearish volume, indicating strong selling pressure. 3. Price-Volume Relationship The transition from green to orange and then to red bars shows a typical pattern where initial strong buying interest (green) is followed by a decrease in buyer enthusiasm (orange), and eventually overtaken by sellers (red). This pattern often corresponds to a peak in prices followed by a reversal to the downside. 4. Technical Indicators Without specific price data, traditional indicators like MA (Moving Averages), MACD (Moving Average Convergence Divergence), or KDJ (Stochastic Oscillator) cannot be calculated directly. However, the volume pattern itself can be used as a rudimentary momentum indicator, with decreasing bullish volume (orange) and increasing bearish volume (red) suggesting a bearish momentum. 5. Support and Resistance Levels Support Level: Could be hypothesized near the transition point from yellow to green bars, where buyers previously started to overpower sellers. Resistance Level: Likely near the transition from green to orange bars, where sellers begin to regain control and buying momentum fades. 6. Overall Trend Patterns The overall trend, inferred from the volume bars, suggests a bullish phase losing momentum and transitioning into a bearish phase. This is typical of a market top where buying interest wanes and sellers begin to dominate. 7. Future Projections and Recommendations Given the observed shift from bullish to bearish volume, there is a higher likelihood of a downward price movement in the near term. Investors should consider this a potential sell signal, especially as bearish volume (red bars) increases. Caution is advised for buyers, and it might be prudent for holders to take profits or set stop-loss orders to protect against potential declines.
Penunjuk Pine Script®
oleh abdjo
2
HTF TriangleHTF Triangle by ZeroHeroTrading aims at detecting ascending and descending triangles using higher time frame data, without repainting nor misalignment issues. It addresses user requests for combining Ascending Triangle and Descending Triangle into one indicator. Ascending triangles are defined by an horizontal upper trend line and a rising lower trend line. It is a chart pattern used in technical analysis to predict the continuation of an uptrend. Descending triangles are defined by a falling upper trend line and an horizontal lower trend line. It is a chart pattern used in technical analysis to predict the continuation of a downtrend. This indicator can be useful if you, like me, believe that higher time frames can offer a broader perspective and provide clearer signals, smoothing out market noise and showing longer-term trends. You can change the indicator settings as you see fit to tighten or loosen the detection, and achieve the best results for your use case. Features It draws the detected ascending and descending triangles on the chart. It supports alerting when a detection occurs. It allows for selecting ascending and/or descending triangle detection. It allows for setting the higher time frame to run the detection on. It allows for setting the minimum number of consecutive valid higher time frame bars to fit the pattern criteria. It allows for setting a high/low factor detection criteria to apply on higher time frame bars high/low as a proportion of the distance between the reference bar high/low and open/close. It allows for turning on an adjustment of the triangle using highest/lowest values within valid higher time frame bars. Settings Ascending checkbox: Turns on/off ascending triangle detection. Default is on. Descending checkbox: Turns on/off descending triangle detection. Default is on. Higher Time Frame dropdown: Selects higher time frame to run the detection on. It must be higher than, and a multiple of, the chart's timeframe. Default is 5 minutes. Valid Bars Minimum field: Sets minimum number of consecutive valid higher time frame bars to fit the pattern criteria. Default is 3. Minimum is 1. High/Low Factor checkbox: Turns on/off high/low factor detection criteria. Default is on. High/Low Factor field: Sets high/low factor to apply on higher time frame bars high/low as a proportion of the distance between the reference bar high/low and open/close. Default is 0. Minimum is 0. Maximum is 1. Adjust Triangle checkbox: Turns on/off triangle adjustment using highest/lowest values within valid higher time frame bars. Default is on. Detection Algorithm Notes The detection algorithm recursively selects a higher time frame bar as reference. Then it looks at the consecutive higher time frame bars (as per the requested number of minimum valid bars) as follows: Ascending Triangle Low must be higher than previous bar. Open/close max value must be lower than (or equal to) reference bar high. When high/low factor criteria is turned on, high must be higher than (or equal to) reference bar open/close max value plus high/low factor proportion of the distance between reference bar high and open/close max value. Descending Triangle High must be lower than previous bar. Open/close min value must be higher than (or equal to) reference bar low. When high/low factor criteria is turned on, low must be lower than (or equal to) reference bar open/close min value minus high/low factor proportion of the distance between reference bar low and open/close min value.
Penunjuk Pine Script®
oleh ZeroHeroTrading
5
ka66: Swing/Pivot Point LinesThis indicator draws swing-highs and swing-lows, also called pivot highs and lows. A swing high is a bar which has a higher-high than its surrounding bars (to the left and the right). A swing low is a bar which has a lower-low than its surrounding bars (to the left and the right). A common example of a pivot is Bill Williams' Fractal, which specifies that the centre bar must have a higher high than 2 bars to its left, and 2 bars to its right for a swing high, taking into account 5 bars at a time. Similarly, for a swing low, the centre bar must have a lower low than the 2 bars to its left and right. This indicator allows configurable adjacent bars as input. Entering 2, means it essentially picks out a Williams Fractal. But you can select 1 (say for higher timeframes), using one 1 bar to the left and right of the centre bar. The indicator will draw Swing/Pivot High/Low as circles at the same price level as the centre bar, till the next one shows up. Drawing is offset so it starts at the centre bar (the swing bar), showing exactly where the pivot bar is. There are 2 main uses of pivot points, in various strategies: Market Structure: to objectively define higher-highs/lows and lower-highs/lows in Trend Analysis. More generally, to then determine if a trend might reverse, or continue as pivot levels are broken. Messy pivot structures easily point out ranging markets. There are a few of these, some closed source, which I don't like, since I think people should generally know what they are trading with, and I want to make sure I understand the logic exactly.
Penunjuk Pine Script®
oleh ka66
19
Price Volume Harmony Indicator [Nasan]The indicator "Price Volume Harmony Indicator " (abbreviated as PVHI) combines relative volume intensity (RVI) and relative price change (PC) to identify potential synergy or divergence between price and volume movements. Let's break down the key components and discuss how to interpret the output: Relative Volume Intensity (RVI): It calculates the mean volume intensity using simple moving averages (SMA) of different periods (5, 8, 13, and 144). It then computes point volume intensity based on the current volume compared to the previous bar's volume. The final RVI is a combination of mean and point volume intensities. Relative Price Change (PC): It calculates the median absolute deviation (MAD) and the price change relative to MAD for three different lengths (5, 8, and 13). The average relative PC is a weighted combination of the three PC values. Normalization: RVI and PC are normalized using Z-scores (standard scores) to bring them to the same scale. This enables easier comparison. Histogram Plotting: The RVI and PC are plotted as histograms below the main price chart. Green color bars represent RVI, and blue color bars indicate PC. The RVI bars are light green when the RVI values are decreasing compared to previous bar. Similarly, when PC bars are light blue it indicates that the PC values are decreasing compared to previous bars. There is a zero line +/- 0.5 SD lines movements above and below the SD lines are practically significant. Interpretation : (1) Strong Bullish Movement : This is when both the green bars (RVI) and blue bars (PC) increases and are on the same side above zero . (2) Strong Bearish Movement : This is when the green bars (RVI) increases and blue bars (PC) decreases. The green bars above zero but blue bars below zero. (3) Weak Bullish Movement : This is when the green bars (RVI) decreases and are below zero but the blue bars (PC) increases and are above zero . (2) Weak Bearish Movement : This is when both the green bars (RVI) and blue bars (PC) decreases. The green bars and blue bars are below zero. This output is slightly hard to read but with practice can be read easily.
Penunjuk Pine Script®
oleh federalTacos5392b
chrono_utilsLibrary "chrono_utils" 📝 Description Collection of objects and common functions that are related to datetime windows session days and time ranges. The main purpose of this library is to handle time-related functionality and make it easy to reason about a future bar checking if it will be part of a predefined session and/or inside a datetime window. All existing session functionality I found in the documentation e.g. "not na(time(timeframe, session, timezone))" are not suitable for strategy scripts, since the execution of the orders is delayed by one bar, due to the script execution happening at the bar close. Moreover, a history operator with a negative value that looks forward is not allowed in any pinescript expression. So, a prediction for the next bar using the bars_back argument of "time()"" and "time_close()" was necessary. Thus, I created this library to overcome this small but very important limitation. In the meantime, I added useful functionality to handle session-based behavior. An interesting utility that emerged from this development is data anomaly detection where a comparison between the prediction and the actual value is happening. If those two values are different then a data inconsistency happens between the prediction bar and the actual bar (probably due to a holiday, half session day, a timezone change etc..) 🤔 How to Guide To use the functionality this library provides in your script you have to import it first! Copy the import statement of the latest release by pressing the copy button below and then paste it into your script. Give a short name to this library so you can refer to it later on. The import statement should look like this: import jason5480/chrono_utils/2 as chr To check if a future bar will be inside a window first of all you have to initialize a DateTimeWindow object. A code example is the following: var dateTimeWindow = chr.DateTimeWindow.new().init(fromDateTime = timestamp('01 Jan 2023 00:00'), toDateTime = timestamp('01 Jan 2024 00:00')) Then you have to "ask" the dateTimeWindow if the future bar defined by an offset (default is 1 that corresponds th the next bar), will be inside that window: // Filter bars outside of the datetime window bool dateFilterApproval = dateTimeWindow.is_bar_included() You can visualize the result by drawing the background of the bars that are outside the given window: bgcolor(color = dateFilterApproval ? na : color.new(color.fuchsia, 90), offset = 1, title = 'Datetime Window Filter') In the same way, you can "ask" the Session if the future bar defined by an offset it will be inside that session. First of all, you should initialize a Session object. A code example is the following: var sess = chr.Session.new().from_sess_string(sess = '0800-1700:23456', refTimezone = 'UTC') Then check if the given bar defined by the offset (default is 1 that corresponds th the next bar), will be inside the session like that: // Filter bars outside the sessions bool sessionFilterApproval = view.sess.is_bar_included() You can visualize the result by drawing the background of the bars that are outside the given session: bgcolor(color = sessionFilterApproval ? na : color.new(color.red, 90), offset = 1, title = 'Session Filter') In case you want to visualize multiple session ranges you can create a SessionView object like that: var view = SessionView.new().init(SessionDays.new().from_sess_string('2345'), array.from(SessionTimeRange.new().from_sess_string('0800-1600'), SessionTimeRange.new().from_sess_string('1300-2200')), array.from('London', 'New York'), array.from(color.blue, color.orange)) and then call the draw method of the SessionView object like that: view.draw() 🏋️‍♂️ Please refer to the "EXAMPLE DATETIME WINDOW FILTER" and "EXAMPLE SESSION FILTER" regions of the script for more advanced code examples of how to utilize the full potential of this library, including user input settings and advanced visualization! ⚠️ Caveats As I mentioned in the description there are some cases that the prediction of the next bar is not accurate. A wrong prediction will affect the outcome of the filtering. The main reasons this could happen are the following: Public holidays when the market is closed Half trading days usually before public holidays Change in the daylight saving time (DST) A data anomaly of the chart, where there are missing and/or inconsistent data. A bug in this library (Please report by PM sending the symbol, timeframe, and settings) Special thanks to @robbatt and @skinra for the constructive feedback 🏆. Without them, the exposed API of this library would be very lengthy and complicated to use. Thanks to them, now the user of this library will be able to get the most, with only a few lines of code!
Perpustakaan Pine Script®
oleh jason5480
6
Volume and Price Z-Score [Multi-Asset] - By LeviathanThis script offers in-depth Z-Score analytics on price and volume for 200 symbols. Utilizing visualizations such as scatter plots, histograms, and heatmaps, it enables traders to uncover potential trade opportunities, discern market dynamics, pinpoint outliers, delve into the relationship between price and volume, and much more. A Z-Score is a statistical measurement indicating the number of standard deviations a data point deviates from the dataset's mean. Essentially, it provides insight into a value's relative position within a group of values (mean). - A Z-Score of zero means the data point is exactly at the mean. - A positive Z-Score indicates the data point is above the mean. - A negative Z-Score indicates the data point is below the mean. For instance, a Z-Score of 1 indicates that the data point is 1 standard deviation above the mean, while a Z-Score of -1 indicates that the data point is 1 standard deviation below the mean. In simple terms, the more extreme the Z-Score of a data point, the more “unusual” it is within a larger context. If data is normally distributed, the following properties can be observed: - About 68% of the data will lie within ±1 standard deviation (z-score between -1 and 1). - About 95% will lie within ±2 standard deviations (z-score between -2 and 2). - About 99.7% will lie within ±3 standard deviations (z-score between -3 and 3). Datasets like price and volume (in this context) are most often not normally distributed. While the interpretation in terms of percentage of data lying within certain ranges of z-scores (like the ones mentioned above) won't hold, the z-score can still be a useful measure of how "unusual" a data point is relative to the mean. The aim of this indicator is to offer a unique way of screening the market for trading opportunities by conveniently visualizing where current volume and price activity stands in relation to the average. It also offers features to observe the convergent/divergent relationships between asset’s price movement and volume, observe a single symbol’s activity compared to the wider market activity and much more. Here is an overview of a few important settings. Z-SCORE TYPE ◽️ Z-Score Type: Current Z-Score Calculates the z-score by comparing current bar’s price and volume data to the mean (moving average with any custom length, default is 20 bars). This indicates how much the current bar’s price and volume data deviates from the average over the specified period. A positive z-score suggests that the current bar's price or volume is above the mean of the last 20 bars (or the custom length set by the user), while a negative z-score means it's below that mean. Example: Consider an asset whose current price and volume both show deviations from their 20-bar averages. If the price's Z-Score is +1.5 and the volume's Z-Score is +2.0, it means the asset's price is 1.5 standard deviations above its average, and its trading volume is 2 standard deviations above its average. This might suggest a significant upward move with strong trading activity. ◽️ Z-Score Type: Average Z-Score Calculates the custom-length average of symbol's z-score. Think of it as a smoothed version of the Current Z-Score. Instead of just looking at the z-score calculated on the latest bar, it considers the average behavior over the last few bars. By doing this, it helps reduce sudden jumps and gives a clearer, steadier view of the market. Example: Instead of a single bar, imagine the average price and volume of an asset over the last 5 bars. If the price's 5-bar average Z-Score is +1.0 and the volume's is +1.5, it tells us that, over these recent bars, both the price and volume have been consistently above their longer-term averages, indicating sustained increase. ◽️ Z-Score Type: Relative Z-Score Calculates a relative z-score by comparing symbol’s current bar z-score to the mean (average z-score of all symbols in the group). This is essentially a z-score of a z-score, and it helps in understanding how a particular symbol's activity stands out not just in its own historical context, but also in relation to the broader set of symbols being analyzed. In other words, while the primary z-score tells you how unusual a bar's activity is for that specific symbol, the relative z-score informs you how that "unusualness" ranks when compared to the entire group's deviations. This can be particularly useful in identifying symbols that are outliers even among outliers, indicating exceptionally unique behaviors or opportunities. Example: If one asset's price Z-Score is +2.5 and volume Z-Score is +3.0, but the group's average Z-Scores are +0.5 for price and +1.0 for volume, this asset’s Relative Z-Score would be high and therefore stand out. This means that asset's price and volume activities are notably high, not just by its own standards, but also when compared to other symbols in the group. DISPLAY TYPE ◽️ Display Type: Scatter Plot The Scatter Plot is a visual tool designed to represent values for two variables, in this case the Z-Scores of price and volume for multiple symbols. Each symbol has it's own dot with x and y coordinates: X-Axis: Represents the Z-Score of price. A symbol further to the right indicates a higher positive deviation in its price from its average, while a symbol to the left indicates a negative deviation. Y-Axis: Represents the Z-Score of volume. A symbol positioned higher up on the plot suggests a higher positive deviation in its trading volume from its average, while one lower down indicates a negative deviation. Here are some guideline insights of plot positioning: - Top-Right Quadrant (High Volume-High Price): Symbols in this quadrant indicate a scenario where both the trading volume and price are higher than their respective mean. - Top-Left Quadrant (High Volume-Low Price): Symbols here reflect high trading volumes but prices lower than the mean. - Bottom-Left Quadrant (Low Volume-Low Price): Assets in this quadrant have both low trading volume and price compared to their mean. - Bottom-Right Quadrant (Low Volume-High Price): Symbols positioned here have prices that are higher than their mean, but the trading volume is low compared to the mean. The plot also integrates a set of concentric squares which serve as visual guides: - 1st Square (1SD): Encapsulates symbols that have Z-Scores within ±1 standard deviation for both price and volume. Symbols within this square are typically considered to be displaying normal behavior or within expected range. - 2nd Square (2SD): Encapsulates those with Z-Scores within ±2 standard deviations. Symbols within this boundary, but outside the 1 SD square, indicate a moderate deviation from the norm. - 3rd Square (3SD): Represents symbols with Z-Scores within ±3 standard deviations. Any symbol outside this square is deemed to be a significant outlier, exhibiting extreme behavior in terms of either its price, its volume, or both. By assessing the position of symbols relative to these squares, traders can swiftly identify which assets are behaving typically and which are showing unusual activity. This visualization simplifies the process of spotting potential outliers or unique trading opportunities within the market. The farther a symbol is from the center, the more it deviates from its typical behavior. ◽️ Display Type: Columns In this visualization, z-scores are represented using columns, where each symbol is presented horizontally. Each symbol has two distinct nodes: - Left Node: Represents the z-score of volume. - Right Node: Represents the z-score of price. The height of these nodes can vary along the y-axis between -4 and 4, based on the z-score value: - Large Positive Columns: Signify a high or positive z-score, indicating that the price or volume is significantly above its average. - Large Negative Columns: Represent a low or negative z-score, suggesting that the price or volume is considerably below its average. - Short Columns Near 0: Indicate that the price or volume is close to its mean, showcasing minimal deviation. This columnar representation provides a clear, intuitive view of how each symbol's price and volume deviate from their respective averages. ◽️ Display Type: Circles In this visualization style, z-scores are depicted using circles. Each symbol is horizontally aligned and represented by: - Solid Circle: Represents the z-score of price. - Transparent Circle: Represents the z-score of volume. The vertical position of these circles on the y-axis ranges between -4 and 4, reflecting the z-score value: - Circles Near the Top: Indicate a high or positive z-score, suggesting the price or volume is well above its average. - Circles Near the Bottom: Represent a low or negative z-score, pointing to the price or volume being notably below its average. - Circles Around the Midline (0): Highlight that the price or volume is close to its mean, with minimal deviation. ◽️ Display Type: Delta Columns There's also an option to utilize Z-Score Delta Columns. For each symbol, a single column is presented, depicting the difference between the z-score of price and the z-score of volume. The z-score delta essentially captures the disparity between how much the price and volume deviate from their respective mean: - Positive Delta: Indicates that the z-score of price is greater than the z-score of volume. This suggests that the price has deviated more from its average than the volume has from its own average. Such a scenario could point to price movements being more significant or pronounced compared to the changes in volume. - Negative Delta: Represents that the z-score of volume is higher than the z-score of price. This might mean that there are substantial volume changes, yet the price hasn't moved as dramatically. This can be indicative of potential build-up in trading interest without an equivalent impact on price. - Delta Close to 0: Means that the z-scores for price and volume are almost equal, indicating their deviations from the average are in sync. ◽️ Display Type: Z-Volume/Z-Price Heatmap This visualization offers a heatmap either for volume z-scores or price z-scores across all symbols. Here's how it's presented: Each symbol is allocated its own horizontal row. Within this row, bar-by-bar data is displayed using a color gradient to represent the z-score values. The heatmap employs a user-defined gradient scale, where a chosen "cold" color represents low z-scores and a chosen "hot" color signifies high z-scores. As the z-score increases or decreases, the colors transition smoothly along this gradient, providing an intuitive visual indication of the z-score's magnitude. - Cold Colors: Indicate values significantly below the mean (negative z-score) - Mild Colors: Represent values close to the mean, suggesting minimal deviation. - Hot Colors: Indicate values significantly above the mean (positive z-score) This heatmap format provides a rapid, visually impactful means to discern how each symbol's price or volume is behaving relative to its average. The color-coded rows allow you to quickly spot outliers. VOLUME TYPE The "Volume Type" input allows you to choose the nature of volume data that will be factored into the volume z-score calculation. The interpretation of indicator’s data changes based on this input. You can opt between: - Volume (Regular Volume): This is the classic measure of trading volume, which represents the volume traded in a given time period - bar. - OBV (On-Balance Volume): OBV is a momentum indicator that accumulates volume on up bars and subtracts it on down bars, making it a cumulative indicator that sort of measures buying and selling pressure. Interpretation Implications: - For Volume Type: Regular Volume: Positive Z-Score: Indicates that the trading volume is above its average, meaning there's unusually high trading activity . Negative Z-Score: Suggests that the trading volume is below its average, signifying unusually low trading activity. - For Volume Type: OBV: Positive Z-Score: Signifies that “buying pressure” is above its average. Negative Z-Score: Signifies that “selling pressure” is above its average. When comparing Z-Score of OBV to Z-Score of price, we can observe several scenarios. If Z-Price and Z-Volume are convergent (have similar z-scores), we can say that the directional price movement is supported by volume. If Z-Price and Z-Volume are divergent (have very different z-scores or one of them being zero), it suggests a potential misalignment between price movement and volume support, which might hint at possible reversals or weakness.
Penunjuk Pine Script®
oleh LeviathanCapital
24
Trend Lines [LuxAlgo]Our new "Trend Lines" indicator detects and highlights relevant trendlines on the user chart while keeping it free of as much clutter as possible. The indicator is thought for real-time usage and includes several filters as well as the ability to estimate trendline angles. 🔶 USAGE Trendlines can act as support/resistance, with a higher number of tests indicating a more significant support/resistance role. A broken TrendLine can be indicative of a potential trend reversal. The script highlights breaks with a label. Users can additionally filter trendlines, only showing trendlines whose angles fall within a user set range: This allows for the removal of potential clutter from the chart but also helps keep steeper or more horizontal trendlines. 🔶 DETAILS When a swing (pivot point) is found, a Trendline is drawn when certain conditions are fulfilled. An essential condition is that a Bearish Trendline (red) always occurs on a lower high, while a Bullish Trendline (blue) occurs on a higher low. Our implementation will first show an initial dotted-styled TrendLine on confirmation, after which a solid-styled secondary TrendLine will develop. The latter will be used for the real-time detection of breaks at that line: Furthermore, the script allows you to add more conditions: 🔹 Length (Swings) A swing develops when a high/low is the highest/lowest against x highs/lows on the left AND right of that bar. x can be set by "Length" in settings. The following images clarify this. The script confirms a swing where the yellow flag is shown; the high (here visualized with a purple label) is the highest point against x bars left and right of that point. At that moment, this swing is checked against the previous swing. If all conditions are fulfilled, an initial TrendLine is drawn on confirmation. After that point, a secondary thicker solid line is seen which keeps progressing bar after bar, until: • a new TrendLine is formed • the TrendLine is broken 🔹 Breaks between Swings Once there is confirmation that a TrendLine can be drawn, the script allows you to filter for breakthroughs on that line. This can be set with "Check breaks between" Disabled : the initial TrendLine is allowed to be pierced: Check breaks between point A - point B : no breaks are allowed between both Swing points: Point A - Current bar : no breaks are allowed between the first Swing point and the point of confirmation ('current' bar): 🔹 TrendLine breaks As mentioned, the secondary TrendLine (solid line) progresses bar after bar until a new TrendLine is formed or the TrendLine is broken. When a TrendLine is broken, the TrendLine stops progressing, but if there isn't a new TrendLine and price return back, the TrendLine will re-appear, potentially giving several signals when the TrendLine is broken again. Minimal bars allow you to regulate the amount of signals when the TrendLine is broken. -> The secondary TrendLine must be uninterrupted for at least x bars before a potential break can be considered. The following example shows 1 signal against 3 by adjusting this setting from 2 to 5: 🔹 Angles Angles should normally be calculated when the units of the X and Y axis are the same. However, on our charts, the unit of the X-axis is bar_index (bars), and on the Y-axis the unit is price (¥, €, £, $,...). It is not easy to normalize and create reasonably valid angles. Often certain angle calculations can differ through price changes or volatility. Our calculate_slope() function tries to make corresponding angles through all bars. We do this by calculating the difference between the highest/lowest price values in a certain bar range. The bar range is our X-axis, and the price difference is our Y-axis. Zooming in/out will not change the amount of bars or the price. Since it does change our view on the chart, and thereby how we see the angles, we have included a setting where you can personalize the ratio between X and Y-axis (Angles -> Ratio X-Y axis). Settings: Angles - Ratio X-Y axis: 🔶 SETTINGS 🔹 Swings Length: Lookback period for the detection of swing points. 🔹 Trendline validation Check breaks between : Disabled : the initial TrendLine is allowed to be pierced Check breaks between point A - point B : no breaks are allowed between both Swing points Point A - Current bar : no breaks are allowed between the first Swing point and the point of confirmation ('current' bar) Source (breaks) : Source which invalidates TrendLine, default: close 🔹 TrendLine breaks Minimal bars : The secondary TrendLine must be uninterrupted for at least x bars before a potential break can be considered. 🔹 Angles Show : Toggle labels. Ratio X-Y axis : Every user has his preferences regarding zoom, chart layout,... If the shown angles are not according to your expectations, you can adjust this number. Only TrendLine between : Only allow TrendLines between the minimum and maximum degrees. Set only the minimal and maximum values above 0.
Penunjuk Pine Script®
oleh LuxAlgo
13
Lower timeframe chartHi all! I've made this script to help with my laziness (and to help me (and now you) with efficiency). It's purpose is to, without having to change the chart timeframe, being able to view the lower timeframe bars (and trend) within the last chart bar. The defaults are just my settings (It's based on daily bars), so feel free to change them and maybe share yours! It's also based on stocks, which have limited trading hours, but if you want to view this for forex trading I suggest changing the 'lower time frame' to a higher value since it has more trading hours. The script prints a label chart (ASCII) based on your chosen timeframe and the trend, based on @KivancOzbilgic script SuperTrend The printed ASCII chart has rows (slots) that are based on ATR (14 bars) and empty gaps are removed. The current trend is decided by a percentage of bars (user defined but defaults to 80%, which is really big but let's you be very conservative in defining a trend to be bullish. Set to 50% to have the trend being decided equally or lower to be more conservative in defining a trend to be bearish) that must have a bullish SuperTrend, it's considered to be bearish otherwise. Big price range (based on the ATR for 14 bars) and big volume (true if the volume is bigger than a user defined simple moving average (defaults to 20 bars)) can be disabled for faster execution. The chart displayed will consist of bars and thicker bars that has a higher volume than the defined simple moving average. The bars that has a 'big range' (user defined value of ATR (14 days) factor that defaults to 0.5) will also have a wick. The characters used are the following: Green bar = ┼ Green bar with large volume = ╪ Green bar wick = │ Red bar = ╋ Red bar with large volume = ╬ Red bar wick = ┃ Bar with no range = ─ Bar with no range and high volume = ═ Best of trading!
Penunjuk Pine Script®
oleh mickes
2