Volume Profile (Simple)Simple Volume Profile (Simple)
Master the Market's Structure with a Clear View of Volume
by mercaderoaurum
The Simple Volume Profile (Simple) indicator removes the guesswork by showing you exactly where the most significant trading activity has occurred. By visualizing the Point of Control (POC) and Value Area (VA) for today and yesterday, you can instantly identify the price levels that matter most, giving you a critical edge in your intraday trading.
This tool is specifically optimized for day trading SPY on a 1-minute chart, but it's fully customizable for any symbol or timeframe.
Key Features
Multi-Day Analysis: Automatically plots the volume profiles for the current and previous trading sessions, allowing you to see how today's market is reacting to yesterday's key levels.
Automatic Key Level Plotting: Instantly see the most important levels from each session:
Point of Control (POC): The single price level with the highest traded volume, acting as a powerful magnet for price.
Value Area High (VAH): The upper boundary of the area where 50% of the volume was traded. It often acts as resistance.
Value Area Low (VAL): The lower boundary of the 50% value area, often acting as support.
Extended Levels: The POC, VAH, and VAL from previous sessions are automatically extended into the current day, providing a clear map of potential support and resistance zones.
Customizable Sessions: While optimized for the US stock market, you can define any session time and time zone, making it a versatile tool for forex, crypto, and futures traders.
Core Trading Strategies
The Simple Volume Profile helps you understand market context. Instead of trading blind, you can now make decisions based on where the market has shown the most interest.
1. Identifying Support and Resistance
This is the most direct way to use the indicator. The extended lines from the previous day are your roadmap for the current session.
Previous Day's POC (pPOC): This is the most significant level. Watch for price to react strongly here. It can act as powerful support if approached from above or strong resistance if approached from below.
Previous Day's VAH (pVAH): Expect this level to act as initial resistance. A clean break above pVAH can signal a strong bullish trend.
Previous Day's VAL (pVAL): Expect this level to act as initial support. A firm break below pVAL can indicate a strong bearish trend.
Example Strategy: If SPY opens and rallies up to the previous day's VAH and stalls, this is a high-probability area to look for a short entry, with a stop loss just above the level.
2. The "Open-Drive" Rejection
How the market opens in relation to the previous day's value area is a powerful tell.
Open Above Yesterday's Value Area: If the market opens above the pVAH, it signals strength. The first pullback to test the pVAH is often a key long entry point. The level is expected to flip from resistance to support.
Open Below Yesterday's Value Area: If the market opens below the pVAL, it signals weakness. The first rally to test the pVAL is a potential short entry, as the level is likely to act as new resistance.
3. Fading the Extremes
When price pushes far outside the previous day's value area, it can become overextended.
Reversal at Highs: If price rallies significantly above the pVAH and then starts to lose momentum (e.g., forming bearish divergence on RSI or a topping pattern), it could be an opportunity to short the market, targeting a move back toward the pVAH or pPOC.
Reversal at Lows: Conversely, if price drops far below the pVAL and shows signs of bottoming, it can be a good opportunity to look for a long entry, targeting a reversion back to the value area.
Recommended Settings (SPY Intraday)
These settings are the default and are optimized for scalping or day trading SPY on a 1-minute chart.
Value Area (%): 50%. This creates a tighter, more sensitive value area, perfect for identifying the most critical intraday zones.
Number of Rows: 1000. This high resolution is essential for a low-volatility instrument like SPY, ensuring that the profile is detailed and the levels are precise.
Session Time: 0400-1800 in America/New_York. This captures the full pre-market and core session, which is crucial for understanding the day's complete volume story.
Ready to trade with an edge? Add the Simple Volume Profile (Multi-Day) to your chart now and see the market in a new light!
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Regime KaleidoscopeWhat is Regime Kaleidoscope?
Regime Kaleidoscope is an advanced market regime visualizer and adaptive signal generator.
It helps traders instantly understand whether current market conditions are best for mean-reversion (fading price back to the mean) or breakout/trend-following (riding strong moves), using a data-driven, non-repainting approach.
How It Works
1. Regime Detection & Background Colors
The indicator analyzes both volatility (ATR) and the shape of each candle (body size vs. range) over a rolling window.
Each bar is classified into one of three regimes, and the chart’s background color changes accordingly:
Regime Background Color What It Means How to Use
Low Vol Balanced Green background Market is calm, compressed. More likely to revert back to mean. Look for mean-reversion signals only (fade moves).
High Vol Directional Red background Market is in a high-volatility, trending, or “breakout” state.
Red does NOT mean bearish. It simply means conditions are ripe for strong directional moves—either up or down. Look for breakout signals only (ride strong moves after structure break).
Chop Gray background Market is indecisive or transitioning between states. Signals are minimized or blocked. Best to wait or trade with extra caution.
→ Red background means high volatility/trending regime, not a signal direction!
Green means “mean-revert environment,” not always bullish!
Gray means “chop/transition”—usually best avoided.
2. Signals — How to Read and Trade Them
Mean-Reversion Signals (Green Regime Only):
Appear when price is stretched away from a rolling mean (SMA) by a configurable ATR-based threshold.
Optional: Only allowed in the direction of the higher-timeframe trend, if enabled.
Long signals: Fade extreme dips (look for triangle-up shapes & green labels).
Short signals: Fade extreme spikes (triangle-down shapes & red labels).
Labels show signal strength (distance from mean in ATR units).
Breakout Signals (Red Regime Only):
Only triggered when price breaks above or below a confirmed swing high or low (pivot), with a strong candle and optional trend confirmation.
Long signals: Breakout above last swing high (regardless of background color).
Short signals: Breakout below last swing low.
Labels show signal strength (distance from pivot in ATR units).
Red background does NOT mean sell— it means “trend environment”—so both long and short signals are possible, depending on which direction price is breaking out.
Signal Controls & Filtering:
Signals only fire at bar close (non-repainting), never intrabar or on future data.
ATR “floor” blocks signals when volatility is too low for meaningful moves.
Cooldown: Signals are limited to one per regime per direction for a minimum number of bars (user input).
Optional confirmation candles: Only strong reversals or breakouts count, reducing noise and whipsaws.
All signals are visible as triangle shapes below/above bars, and labeled with strength.
3. Visual Guide
Background color: Maps the regime, not buy/sell direction.
Transition label: Appears only when the regime changes, so you can see state shifts at a glance.
Triangle shapes & labels: Mark entry points; label gives strength.
Info table (optional): Shows regime and ATR at transitions.
Why is Regime Kaleidoscope Unique?
Uses rolling statistical percentiles of ATR and candle body shape for dynamic market state detection—not just a moving average or volatility band.
Separates regime from signal direction, so you always know “what mode the market is in” and when signals actually have a higher probability.
No repainting. All logic is strictly bar-close, confirmed pivots, and non-future-leaking.
Highly customizable—all thresholds, filters, trend confirmation, and cooldown are user inputs.
How To Use
Add to any chart.
Use the background color to identify if you’re in a mean-revert, breakout, or chop regime.
Take only the signals that match the regime:
Green = fade extremes, Red = ride breakouts, Gray = wait.
Tune settings for your asset and timeframe.
All signals are educational—always test before live use!
Past performance is not necessarily indicative of future results.
Test the indicator on your assets and timeframes. All signals are for educational use only.
Consolidation Box1. Overview & Purpose
The "Faithful Box" is a powerful TradingView indicator designed to automatically identify and visualize high-quality price consolidation zones, often known as 'trading ranges' or 'boxes'.
This tool is a direct Pine Script translation of a specific, robust Python-based analysis strategy. Its primary goal is not just to find any sideways movement, but to qualify it based on a strict set of rules, ensuring that only meaningful and tradable consolidation patterns are highlighted on the chart.
2. Core Logic: How It Works
The indicator's intelligence is based on several key rules translated from the original Python script:
Box Definition (Based on Closing Prices): The most crucial rule is how the box is defined. Unlike many tools that use candle wicks (highs and lows), this indicator establishes the Ceiling (Resistance) and the Floor (Support) of the box using the highest Close price and the lowest Close price over the specified analysis period. This provides a more stable and representative view of the true consolidation zone, ignoring outlier price spikes.
Quality Filters: A consolidation is only considered valid and drawn on the chart if it meets two strict criteria:
Minimum Touches: The price must "test" the ceiling and floor a minimum number of times. A "touch" is counted with a tolerance — the High of a candle only needs to get close to the ceiling, and the Low close to the floor. This simulates how price interacts with support and resistance zones in the real world.
Maximum Height: The consolidation range cannot be excessively wide or volatile. The box will only be drawn if its total height, as a percentage of its price, is below a user-defined limit.
3. Visual Features on the Chart
When a valid consolidation pattern is detected, the indicator draws a semi-transparent box over the analysis period. The most powerful visual feature is its dynamic coloring, which functions as a built-in alert system:
🟥 Red Box: The box turns red when the price enters the upper "Action Zone" (e.g., the top 30% of the range). This visually signals that the price is near a key resistance level, alerting the trader to a potential reversal or breakout opportunity.
🟩 Green Box: The box turns green when the price enters the lower "Action Zone" (e.g., the bottom 30% of the range). This highlights that the price is testing a key support level.
⬜ Gray Box: The box remains a neutral gray when the price is trading in the middle of the range, which can often be considered a "no-trade" or "wait-and-see" zone.
4. Configuration (Indicator Inputs)
You have full control over the indicator's sensitivity through its inputs:
Analysis Period (days): Defines the lookback window (in trading days) to search for a consolidation pattern. Common values are 42 (approx. 2 months) or 63 (approx. 3 months).
Maximum Box Height (%): Filters out consolidations that are too volatile or wide. A lower percentage will find tighter, more compressed consolidations.
Minimum Ceiling/Floor Touches: Defines the "strength" of the support and resistance levels. Requiring more touches will result in fewer detected patterns, but likely of higher quality.
Touch Tolerance (%): Defines how close the High/Low needs to get to the edge of the box to be counted as a touch. A value of 2% means a touch is registered if the price comes within 2% of the box's total height from the edge.
Action Zone (%): Customizes the size of the red (resistance) and green (support) zones. A value of 30% means the top 30% of the box will be the red zone, and the bottom 30% will be the green zone.
Multi Time Frame Supporting Candles (with EMA/VWAP)Overview
This script provides a clean and, most importantly, correctly-scaled Multi-Time-Frame (MTF) analysis panel. It displays the candles of a higher timeframe (e.g., 1-hour candles while you are on a 5-minute chart) in a separate pane below your main chart.
Crucially, it solves a common Pine Script scaling issue, allowing you to plot indicators like EMA and VWAP from the higher timeframe alongside the candles without distorting the display. This tool is essential for traders who practice Multi-Time-Frame Analysis, helping you stay aware of the larger trend context while executing trades on a lower timeframe.
Price Widget on ScreenSimple yet useful script, to see the PRICE/CHANGE of the chart you are on. I use it in my 6/8 charts screen, so you can see the graph and the price.
MJBFX-Strategy (Futures Optimized)The MJBFX-Strategy is a complete market mapping tool designed to give traders a clear view of liquidity, session dynamics, and premium/discount levels. It loads automatically on any chart, fully optimized for futures and forex trading.
🔑 Key Features
Asian Session Range
Highlights the previous Asian session with a shaded box
Fixed until London open for precise reference
VWAP from Asian Session
Plots the VWAP of the previous Asian session
Dynamic fair value benchmark for intraday trading
Liquidity Sweeps (Optimized)
Detects sweeps of the Asian session high/low
Shown only on 30m, 1h, and 4h charts to reduce noise
Clean, minimal labels for clarity
Automatic Fibonacci Zone
Draws a shaded retracement zone (38.2%–61.8%) of the Asian range
Transparent fill makes it easy to read price action
Killzones
Highlights London (07:00–10:00) and New York (13:00–16:00) killzones
Semi-opaque shading to keep charts clean
Auto Trade Box (Risk/Reward)
On sweep confirmation, plots a 2R target box
Auto stop loss and take profit levels based on futures tick size
🎯 Why Use It?
The MJBFX-Strategy removes the need for manual drawing.It automatically maps:
Session highs and lows
Liquidity sweeps
VWAP and fib retracement zones
Key killzones
Perfect for session-based intraday trading in both futures and forex.
⚡ No manual settings required.Just load it onto your chart for an instant institutional view of the market.
IFVG ExtendedThis indicator identifies and visualizes "Imbalance Fair Value Gaps" (IFVGs) on a price chart. It highlights these gaps, tracks their evolution, and signals when they are "filled" or "invalidated" by price action. The script is quite advanced, using custom types, arrays, and dynamic drawing.
1. Types and Variables
Custom Types:
lab: Stores label information (x, y, direction).
fvg: Stores Fair Value Gap data, including its boundaries, direction, state, labels, and other properties.
Arrays:
Four arrays track bullish and bearish FVGs, and their "invalidated" (filled) versions.
Signals:
Boolean variables to store if a bullish or bearish signal is triggered.
2. User Inputs and Parameters
Display Settings:
How many recent FVGs to show, signal preference (close or wick), ATR multiplier for gap size filtering, and colors for bullish/bearish/midline.
3. Chart Data
Price Data:
Open, high, low, close, and ATR (Average True Range) are stored for use in calculations.
4. Functions
label_maker:
Draws an up or down arrow label at a given point, colored for bullish or bearish.
fvg_manage:
Checks if any FVGs in the array have been "invalidated" (i.e., price has crossed their boundary). If so, moves them to the invalidated array.
inv_manage:
Manages invalidated FVGs, checking if a signal should be fired (i.e., price has reacted to the gap). Also removes old FVGs.
send_it:
Draws the FVGs and their labels on the chart, using boxes and lines for visualization.
5. Main Logic and Visualization
FVG Detection:
On each bar, checks for new bullish or bearish FVGs based on price action and ATR filter.
Adds new FVGs to the appropriate array.
FVG Management:
Updates the arrays, moves invalidated FVGs, and checks for signals.
Drawing:
On the last bar, clears all previous drawings and redraws the current FVGs and their labels.
6. Alerts
Alert Conditions:
Sets up alerts for when a bullish or bearish IFVG signal is triggered, so users can be notified.
Summary
In short:
This script automatically finds and tracks "Imbalance Fair Value Gaps" on your chart, highlights them, and alerts you when price interacts with them in a significant way. It uses advanced Pine Script features to manage and visualize these zones dynamically, helping traders spot potential reversal or continuation points based on gap theory
Fibonacci Range Detector ║ BullVision🔬 Overview
The Fibonacci Range Mapper is a dynamic technical tool designed to identify, track, and visualize price ranges using Fibonacci levels. Whether you're trading manually or prefer automated structure recognition, this indicator helps you contextualize market moves and locate key price zones with precision.
⚙️ Core Logic
🔍 Range Detection (Auto & Manual Modes)
In Auto mode, the indicator uses an advanced ZigZag system based on ATR or percentage thresholds to confirm market swings and construct Fibonacci-based ranges.
In Manual mode, traders can define their own swing low and high to generate precise custom ranges.
📐 Fibonacci Mapping
Each detected range is automatically plotted with key Fibonacci retracement levels — 0%, 25%, 50%, 75%, 100% — along with optional extensions (127.2% and 161.8%) to anticipate price continuations or reversals.
📋 Live Data Table
An integrated info panel dynamically displays crucial metrics:
• Range size
• Current price zone (Discount / Mid / Premium)
• Position within range (%)
• Distance to range extremes
• Range status (Pending or Confirmed)
🕰️ Historical Memory
Up to 20 past ranges can be stored and visualized simultaneously, helping traders recognize repeated price behaviors and contextual support/resistance levels.
🎨 Visual Highlights
Zones of interest (0–25% = Discount, 75–100% = Premium) are color-coded with custom transparency, and labels can be toggled for clarity. The current active range updates in real time as structure evolves.
🔧 User Customization
• Detection Method: Choose between ATR or % ZigZag for automated swing identification
• Confirmation Delay: Set how many bars to wait before confirming a new high
• Manual Overrides: Select exact price levels when you want full control
• Extensions & Labels: Toggle additional lines and info to suit your charting style
• Visual Table Position: Customize where the data table appears on screen
• Color Scheme: Define your own zone gradients for better visual interpretation
📈 Use Cases
This indicator is ideal for traders who want to:
• Identify value zones within local or macro price structures
• Plan trades around Fibonacci retracement and extension levels
• Detect shifts in market structure using an adaptive ZigZag logic
• Track recurring price ranges and historical reaction points
• Enhance technical confluence with clean, visual price mapping
⚠️ Important Notes
This tool is not a buy/sell signal generator — it is a visual framework for structure-based analysis.
Use it in conjunction with your existing strategy and risk management process.
Always confirm with broader context and multi-timeframe alignment.
London & NY Session Markers + Pip MovementThis indicator visually marks the London and New York trading sessions on your chart and optionally calculates the pip range (high-low movement) during each session. It's specifically designed for Forex traders, helping you identify volatility windows and analyze market movement within major session times.
🔍 Key Features:
✅ Session Open/Close Markers
Draws vertical dotted lines at:
London Open (08:00 UK time)
London Close (11:00 UK time)
New York Open (14:00 UK time)
New York Close (17:00 UK time)
Each marker is labeled clearly ("London Open", "NY Close", etc.)
Uses color-coding for easy identification:
Aqua for London
Lime for New York
✅ Pip Range Display (Optional)
Measures the high-low price movement during each session.
Converts this movement into pips, using:
0.0001 pip size for most pairs
0.01 pip size for JPY pairs (auto-detected)
Displays a label (e.g., "London: 42.5 pips") above the candle at session close.
This feature can be toggled on/off via the settings panel.
✅ Time-Zone Aware
Session times are aligned to Europe/London time zone.
Adjusts automatically for Daylight Saving Time (DST).
✅ User Controls
Toggle visibility for:
London session markers
New York session markers
Pip range labels
📊 Use Cases:
Identify when liquidity and volatility increase, especially during session overlaps.
Analyze historical session-based volatility (e.g., compare NY vs. London pip ranges).
Combine with price action or indicator signals that work best in high-volume hours.
Optimize entry and exit timing based on session structure.
⚙️ Best Timeframes:
5-min to 1-hour charts for precise session tracking.
Works on Forex and CFD pairs with standard tick sizes.
⚠️ Notes:
This tool does not repaint and uses only completed bar data.
Pip calculation is based on the chart’s current symbol and tick size.
Designed for spot FX, not intended for cryptocurrencies or synthetic indices.
✅ Ideal For:
Forex Day Traders
Session-based Strategy Developers
London Breakout or NY Reversal Traders
Anyone analyzing volatility by session windows
Multi-Timeframe SMTSummery
The Multi-Timeframe SMT indicator is designed to identify and visualize Higher Timeframe (HTF) data on a Lower Timeframe (LTF) chart, allowing traders to see the broader market context without changing their current chart's resolution. It accurately draws pivots and SMT divergences from higher timeframes on the corresponding candles of your current lower timeframe chart.
Its core features include:
Multi-Timeframe Analysis: Configure and monitor pivots on up to four independent timeframes, from intraday to monthly.
Customizable Pivot Detection: Define the strength of pivots by adjusting the number of bars to the left and right.
SMT Divergence: Automatically identifies bullish and bearish SMT divergences by comparing the price action of the main chart symbol with a chosen correlated asset.
Early SMT Detection: A unique feature that monitors a lower "detection timeframe" to provide early warnings of potential SMT setups before they're confirmed on the main timeframe. Note that this early detection is only shown on timeframes equal to or lower than the "Detection timeframe" you have set.
Visual Cues & Alerts: Clear on-chart labels, lines, and fully customizable alerts notify you of confirmed pivots and SMT divergences, ensuring you don't miss key opportunities.
Important Nuance Regarding Pivot Label Display
Due to a self-imposed limit within this script's drawing management logic, the indicator might quickly reach its drawing capacity if you enable pivot crosses for multiple timeframes simultaneously. When this internal drawing limit is exceeded, the script is designed to automatically remove the oldest drawings to make space for new ones.
Therefore, to ensure optimal performance and visibility of the most recent and relevant pivots, it's highly recommended to only enable the "Show Pivot Crosses" option for one timeframe at a time. If you wish to view pivots for a different timeframe, simply disable the pivot crosses for the currently active timeframe and then enable them for your desired one. This approach prevents the rapid cycling and disappearance of pivot labels, providing a clearer and more stable visual experience.
In-Depth Explanation of the Logic
This script is built on two primary concepts: pivot points and Smart Money Technique (SMT) divergence. It systematically collects historical data on multiple timeframes, identifies pivots, and then compares them between two assets to find divergences.
Pivot Point Identification
A pivot is a turning point in the market. A pivot high is a candle that has a higher high than the candles to its immediate left and right. Conversely, a pivot low is a candle with a lower low than its neighbors.
How it Works in the Script:
The script tracks the highest high and lowest low for each period of the selected timeframe (e.g., for each 4-hour candle). When a new high-timeframe candle closes, it stores that high/low value and its bar index in an array. The checkForPivot() function then checks if a recently stored high or low qualifies as a pivot.
Key Inputs:
Left Strength (leftBars1): The number of candles to the left that must have a lower high (for a pivot high) or higher low (for a pivot low).
Right Strength (rightBars1): The number of candles to the right that must meet the same criteria.
For example, with Left Strength and Right Strength both set to 3, a pivot high is only confirmed when its high is greater than the highs of the 3 previous high-timeframe candles and the 3 subsequent high-timeframe candles. Increasing these values will identify more significant, longer-term pivots.
Smart Money Technique (SMT) Divergence
SMT Divergence is a concept popularized by The Inner Circle Trader (ICT). It occurs when two closely correlated assets fail to move in sync. For instance, if Asset A makes a higher high but Asset B fails to do so and instead makes a lower high, this creates a bearish SMT divergence. It suggests that the "smart money" may not be supporting the move in Asset A, signaling a potential reversal.
Bearish SMT: Main asset makes a higher high, while the correlated asset makes a lower high. This is a potential sell signal.
Bullish SMT: Main asset makes a lower low, while the correlated asset makes a higher low. This is a potential buy signal.
How it Works in the Script:
Data Request: For each timeframe, the script uses the request.security() function to fetch the high and low data for both the main chart symbol (syminfo.tickerid) and the chosen Comparison Asset.
Pivot Comparison: When a new pivot is confirmed on the main asset, the script checks if a corresponding pivot also formed on the comparison asset at the same time.
Divergence Check: It then compares the direction of the pivots. For a bearish SMT, it checks if the main asset's new pivot high is higher than its previous pivot high, while the comparison asset's new pivot high is lower than its previous one. The logic is reversed for bullish SMT.
Visualization: If a divergence is found, the script draws a red (bearish) or green (bullish) line connecting the two pivots on your chart and places an "SMT" label.
Early SMT Detection
This is a proactive feature designed to give you a heads-up. Waiting for a 4-hour or daily pivot to form can take a long time. The early detection system looks for SMT divergences on a much smaller, user-defined Detection timeframe (e.g., 15-minute).
How it Works in the Script:
Awaiting Setup: After a primary pivot (Pivot A) is formed on the main timeframe (e.g., a Daily pivot high), the script begins monitoring.
Intraday Monitoring: It then watches the Detection timeframe (e.g., 15-minute) for smaller intraday pivots.
Potential Divergence: It looks for an intraday pivot that forms a divergence against the primary Pivot A.
Watchline & Alert: When this "potential" divergence occurs, the script draws a dashed white line and triggers a "Potential SMT" alert. This isn't a confirmed SMT on the main timeframe yet, but it's a powerful early warning that one may be forming.
Drawing & Object Management
To keep the chart clean and prevent performance issues, the script manages its drawings (lines and labels) efficiently. It stores them in arrays and uses a drawing limit to automatically delete the oldest drawings as new ones are created, ensuring your TradingView remains responsive.
How to Use the Indicator
Configuration
Enable Timeframes: Use the checkboxes (Enable Timeframe 1, Enable Timeframe 2, etc.) to activate the timeframes you want to monitor. It's often best to start with one or two to keep the chart clean.
Select Timeframes: Choose the higher timeframes you want to analyze (e.g., 240 for 4-hour, D for Daily, W for Weekly).
Set Pivot Strength: The default of 3 for Left/Right strength is a good starting point. Increase it to find more significant market structure points or decrease it for more frequent, shorter-term pivots.
Configure SMT:
Check Enable SMT for the timeframes where you want to detect divergence.
Enter a Comparison Asset . This is crucial. Ensure the assets are correlated.
To use the early warning system, check Enable early SMT detection and select an appropriate Detection timeframe (e.g., 15 or 60 minutes for a Daily analysis).
Multi Vertical Timeline V3English Description
Multi Vertical Timeline V3 + 3 Time Blocks
A professional trading indicator for precise time marking and session highlighting on your charts.
Key Features:
📍 6 Vertical Time Lines:
Individually configurable times (hour/minute)
Customizable colors, line widths, and styles (solid, dashed, dotted)
Enable/disable toggle for each timeline
Optional time labels
🎨 3 Trading Session Blocks:
Colored background highlights for important trading hours
Pre-configured for NY, London, and Tokyo sessions
Fully customizable start and end times
Transparent coloring for optimal chart readability
⏰ Smart Time Control:
Precise timezone offset setting (-12 to +12 hours)
Automatic adjustment for daylight saving time
Worldwide timezone support
Special handling for time blocks crossing midnight
🛠️ User-Friendly Design:
Clear grouping of all settings
Global on/off control for all labels
No performance impact through optimized code
Instant visual feedback
Use Cases:
Forex Trading (mark session overlaps)
Futures Trading (market opening hours)
Intraday Strategies (entry/exit times)
Multi-timeframe Analysis
Backtesting with time-based rules
Perfect for traders who need precise time markings and session highlights for their strategies!
Ralph Indicator - ZaraTrust Smart MoneyThe Ralph Indicator – ZaraTrust Smart Money is a powerful yet simple Smart Money Concepts (SMC) based tool designed for traders who want to trade like institutions. It auto-detects high-probability Buy/Sell zones, Support/Resistance levels, and Demand/Supply areas on the chart — giving you clear, visual, and actionable signals without the clutter.
⸻
🔍 Key Features:
✅ Smart Money Structure
• Uses pivot-based logic to identify potential structure points
• Helps you understand market flow (e.g., BOS, CHoCH simplified logic)
✅ Automatic Support & Resistance
• Plots major levels based on significant highs and lows
• Helps catch key reversal or breakout zones
✅ Demand & Supply Zones
• Visually shows areas where price may react strongly
• Based on smart pivot detection from recent swings
✅ Buy/Sell Trade Signals
• Highlights buy when price breaks resistance (possible bullish shift)
• Highlights sell when price breaks support (possible bearish shift)
✅ Clean & Easy UI
• Toggle features on/off from settings panel
• Labels and shapes are plotted clearly on the chart for instant reading
⸻
🛠️ Recommended Use:
• Use on 15min to 4H timeframe for intraday or swing trading
• Combine with price action (e.g., confirmation candles, liquidity grab)
• Works best when paired with institutional logic (OBs, FVG, liquidity)
⸻
⚠️ Disclaimer:
This indicator is a tool, not a signal service.
It does not guarantee 98% accuracy, but it’s designed to highlight smart money zones and high-probability areas. Always do your own risk management and backtest before using on a live account.
Absorption DetectorABSORPTION DETECTOR -
The Absorption Detector identifies institutional order flow by detecting "absorption" patterns where smart money quietly accumulates or distributes positions by absorbing retail order flow. This creates high-probability support and resistance zones for trading. This is an approximation only and does not read any footprint data.
WHAT IS ABSORPTION?
Absorption occurs when institutions take the opposite side of retail trades, creating specific candlestick patterns with high volume and significant wicks. The indicator identifies two main patterns:
SELLING ABSORPTION (P-Pattern): Red zones above candles where institutions sell into retail buying pressure, creating resistance levels. Look for high volume candles with large upper wicks that close in the lower half.
BUYING ABSORPTION (B-Pattern): Green zones below candles where institutions buy from retail selling pressure, creating support levels. Look for high volume candles with large lower wicks that close in the upper half.
KEY FEATURES
- Automatic detection of institutional absorption patterns
- Dynamic support and resistance zone creation
- Customizable styling for all visual elements
- Historic zone display for backtesting analysis
- Strength-based filtering to show only high-probability setups
- Real-time alerts for new absorption patterns
- Professional info panel with key statistics
- Multi-timeframe compatibility
MAIN SETTINGS
Volume Threshold (1.2): Minimum volume surge required compared to average. Higher values = fewer but stronger signals.
Minimum Volume (2500): Absolute volume floor to prevent signals during low-volume periods.
Min Wick Size (0.2): Minimum wick size as ATR multiple. Ensures significant rejection occurred.
Minimum Strength (1.5): Combined volume and wick strength filter. Higher values = higher quality signals.
Show Historic Zones (OFF): Enable to see all historical zones for backtesting. Disable for better performance.
Zone Extension (20): How many bars to project zones forward for anticipating future reactions.
TRADING APPROACH
ZONE REACTION STRATEGY: Wait for price to approach absorption zones and trade the bounce or rejection. Use the zones as dynamic support and resistance levels.
BREAKOUT STRATEGY: Trade decisive breaks of strong absorption zones with proper risk management. Failed zones often lead to strong moves.
CONFLUENCE TRADING: Combine absorption zones with other technical analysis for highest probability setups. Look for alignment with trend lines, Fibonacci levels, and key support/resistance.
RISK MANAGEMENT: Always use stop losses beyond the absorption zones. Target minimum 1:2 risk-reward ratios. Position size appropriately based on zone strength.
OPTIMIZATION GUIDE
For Conservative Trading (fewer, higher quality signals):
- Volume Threshold: 1.5
- Minimum Strength: 2.0
- Min Wick Size: 0.3
For Aggressive Trading (more signals, requires careful filtering):
- Volume Threshold: 1.1
- Minimum Strength: 1.0
- Min Wick Size: 0.15
BEST PRACTICES
Markets: Works best on liquid instruments with good volume - major forex pairs, popular stocks, liquid futures, and established cryptocurrencies.
Timeframes: Effective on all timeframes from 1-minute scalping to daily swing trading. Adjust settings based on your timeframe and trading style.
Confirmation: Never trade absorption signals in isolation. Always combine with trend analysis, market structure, and proper risk management.
Session Timing: Be aware of market sessions and avoid trading during low liquidity periods or major news events.
Backtesting: Use the historic zones feature to validate performance on your chosen market and timeframe before live trading.
CUSTOMIZATION
The indicator offers complete visual customization including zone colors, border styles, label appearances, and info panel positioning. All colors can be adapted to match your chart theme and personal preferences.
Alert system provides both basic and custom message alerts for real-time notifications of new absorption patterns.
PERFORMANCE NOTES
Default settings are optimized for most markets and timeframes. For best performance on older charts, keep "Show Historic Zones" disabled unless specifically backtesting.
The indicator maintains excellent performance even with extensive historical analysis enabled, handling up to 500 zones and 100 labels for comprehensive backtesting.
QEMO: Quantum Electromagnetic Oscillator (Safe Adjusted)This is a highly conceptual and oscillator and It attempts to model market dynamics by borrowing concepts from quantum physics and electromagnetism to create a unique oscillator. It does not represent any real physical phenomena but uses these concepts as metaphors for market forces.
Here is a breakdown of its core components:
1. Quantum Price Wavefunction (The Core Price Engine)
This is the most abstract part of the script. It tries to model price not as a single point, but as a "wavefunction" representing a distribution of probable future prices.
Volatility & Price Grid: It first calculates recent market volatility. Based on this volatility, it creates a dynamic grid of possible price levels (price_bins) around the current price.
Probability Density: It assigns a probability to each price level in the grid.
"Energy" Operators:
Kinetic Energy: Metaphorically represents the "momentum" or rate of change of the price probabilities.
Potential Energy: A force field that influences the probabilities, derived from a combination of volatility and trading volume.
Expected Price: After evolving these probabilities, it calculates a single "expected price" which is the weighted average of all prices in the grid, based on their final probabilities.
2. Electromagnetic Fields (Buying vs. Selling Pressure)
This section models the battle between buyers and sellers in a more familiar way:
E-Field (Electric/Buying): Represents buying pressure, calculated from upward price moves (close - open) multiplied by volume.
B-Field (Magnetic/Selling): Represents selling pressure, calculated from downward price moves (open - close) multiplied by volume.
Lorentz Force (F_net): This is the net force (E - B), representing the overall directional pressure in the market. A positive value means buyers are in control; a negative value means sellers are.
3. Entanglement Entropy (Systemic Risk/Stability)
This component aims to measure the market's stability or "systemic risk."
It calculates a form of auto-correlation on recent price returns.
A high degree of instability in this correlation results in a high "Entropy" (S) value.
Essentially, a high S suggests the market is chaotic and unpredictable (low stability), while a low S suggests it is more stable and trending.
4. Final QEMO Calculation & Plotting
All the components are combined to create the final oscillator value:
Final Value: The qemo value is a product of the expected_price, the amplified net force, and the market stability (1 - S).
Smoothing: This raw qemo value is then smoothed with an Adaptive Moving Average (AMA) to produce the final line that gets plotted on the chart.
Visualization:
The main oscillator line is plotted below the chart. Its color changes based on its value (e.g., blue for positive, red for negative).
The background color of the indicator pane changes based on the Entropy (S), providing an immediate visual cue of market stability (e.g., black for stable, white for chaotic).
The script also plots 99th and 1st percentile bands to help identify statistically extreme readings in the oscillator's value.
Enhanced Neowave Wave 1 Finder with ZigZagThis script is an advanced technical analysis indicator for the TradingView platform, written in Pine Script version 5. Its primary goal is to identify potential Elliott Wave "Wave 1" patterns, enhanced with principles from Neowave theory and a custom ZigZag indicator for more accurate pivot detection. The script is designed to be overlaid on the main price chart.
Core Functionality: Blending ZigZag and Neowave
The indicator's methodology is a two-part process. First, it identifies significant price swings using a robust ZigZag indicator. Then, it analyzes these swings based on a set of rules derived from Neowave and classic technical analysis to validate them as potential Wave 1 patterns.
Part 1: ZigZag Integration
The first major component is a comprehensive ZigZag indicator that forms the foundation for all subsequent analysis.
Pivot Detection: The pivots() function is the engine of the ZigZag. It scans the historical price data for significant high and low points (pivots) over a user-defined Length.
Segment Drawing: Once pivots are identified, the script draws lines connecting them, creating the classic ZigZag pattern on the chart.
Extended Direction & Ratios: This is an enhanced feature. The script doesn't just identify highs and lows; it categorizes them as:
Higher High (HH) or Lower High (LH)
Lower Low (LL) or Higher Low (HL)
This classification is crucial for understanding the market structure. It also calculates the price ratio of the most recent ZigZag leg relative to the previous one, which is used later for pattern validation.
Dynamic Updates: The ZigZag is not static. On each new bar, it can update its most recent pivot point if a new, more extreme price (a higher high or a lower low) is printed before the direction officially changes. This ensures the ZigZag is always reflecting the most current and significant price action.
Part 2: Neowave Wave 1 Finder
With the market structure defined by the ZigZag, the second part of the script applies a rigorous set of rules to identify potential Wave 1 patterns. A Wave 1 is the initial move of a new trend in Elliott Wave theory.
Key Validation Criteria
For a price move between two ZigZag pivots to be considered a valid Wave 1, it must pass a series of checks:
Significance: The move must have a minimum percentage change (Minimum Wave Length) and last for a minimum number of bars, filtering out insignificant noise.
Volume Confirmation: A genuine impulse wave is typically supported by increasing volume. The script checks if the volume during the potential Wave 1 is significantly higher than the recent average (Volume Increase Threshold).
Momentum Alignment: The direction of the wave must be confirmed by momentum indicators.
For a bullish (upward) Wave 1, the Relative Strength Index (RSI) must be in a bullish regime (above 50) and the MACD line must be above its signal line.
For a bearish (downward) Wave 1, the RSI must be below 50 and the MACD line must be below its signal line.
Structural Analysis (Impulse vs. Diagonal): The script attempts to differentiate between two types of Wave 1:
Impulse Wave: A strong, clean, and direct move.
Diagonal Wave: A more complex, overlapping, and often wedge-shaped pattern. This is identified by analyzing the time and price complexity of the move, along with the ZigZag leg ratios.
Wave 2 Retracement Check: A critical Neowave rule is that a valid Wave 1 must be followed by a valid Wave 2 retracement. The script looks at the next ZigZag leg to ensure it doesn't retrace more than 100% of the potential Wave 1. It also uses the ZigZag ratios to confirm the retracement falls within typical Fibonacci levels (e.g., 38.2% to 78.6%).
Display and User Interface
The script provides a rich visual experience to aid the trader in their analysis.
Wave Labels and Boxes: When a valid Wave 1 is detected, it is highlighted with a colored line (green for bullish, red for bearish) and a shaded background box. A label clearly marks it as "Wave 1 IMPULSE" or "Wave 1 DIAGONAL".
Fibonacci Retracement Levels: Upon detection of a Wave 1, the script automatically draws key Fibonacci retracement levels (38.2%, 50%, 61.8%, 78.6%). These levels are potential targets for the end of the subsequent Wave 2, offering potential entry points for a Wave 3 trade.
Information Labels: Additional labels provide at-a-glance confirmation of the conditions, showing whether volume and momentum criteria were met.
Customizable Inputs: Users have extensive control over the indicator's parameters, including the ZigZag length, volume thresholds, RSI levels, and the colors of all visual elements.
Alerts: The indicator can be configured to generate an alert whenever a new bullish or bearish Wave 1 pattern is confirmed, allowing traders to be notified of potential opportunities in real-time.
DP_ORB Entry & Exit IndicatorDisclaimer:
This indicator is for educational purposes only. It does not constitute financial advice. Always do your own research and manage your risk. Also, I cannot take full credit for 'ORB' as its a well known strategy amongst many traders, but I do need to give a special shout out to @TheBigDaddyMax for putting me on to this.
DP_ORB Entry & Exit Indicator
Description:
The DP_ORB Entry & Exit Indicator is a powerful tool designed for traders who utilize the Opening Range Breakout (ORB) strategy on the NYSE session. This indicator visually identifies the initial volatility window of the trading day, by marking the 15m High, and 15m Low into a ORB Box, & then tracks breakout opportunities, and provides clear, dynamic trade management levels—all directly on your chart.
Key Features:
Automatic Opening Range (ORB) Box:
Identifies and plots the high and low of the user-defined opening range (default 9:30–9:45 NYSE) for visual reference and strategy foundation.
Breakout Entry Signals:
Automatically detects and marks long or short breakout entries when price closes above or below the ORB range, with additional momentum confirmation.
Dynamic Stop Loss:
Stop loss is intelligently set to the previous bar’s low for long trades (or high for shorts), adapting to market structure at entry.
Take Profit Targets:
Up to three fully adjustable take-profit levels are plotted, calculated as percentages from entry, supporting progressive trade management.
Visual Trade Management:
Entry, stop loss, and take profit levels are displayed as extending dashed lines from entry point to the current bar, with labels always shown just to the right of price for clarity on all timeframes.
Automatic Reset and Cleanup:
Visuals and logic reset daily and upon exit, ensuring a clean, uncluttered chart experience.
How to Use:
Set your preferred opening range time and take profit levels in the settings.
Wait for a breakout and confirmation during the NYSE session.
Use the on-chart lines and labels to manage your trade according to your risk and strategy plan.
Best For:
Day traders and scalpers seeking a disciplined, visual, and fully-automated approach to opening range breakout trading.
The Great Anchors: Dual AVWAP Powered by RSI
The Great Anchors
*Dual Anchored Volume Weighted Average Price Powered by RSI*
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📌 Overview
The Great Anchors is a dual AVWAP-based indicator that resets dynamically using RSI extremes — either from the current asset or a master symbol (e.g., BTCUSDT). It identifies meaningful shifts in price structure and momentum using these "anchored" levels.
It’s designed to help traders spot trend continuations, momentum inflection points, and entry signals aligned with overbought/oversold conditions — but only when the market confirms through volume-weighted price direction.
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🛠 Core Logic
• AVWAP 1 (favwap): Anchored when RSI reaches overbought levels (top anchor)
• AVWAP 2 (savwap): Anchored when RSI reaches oversold levels (bottom anchor)
• AVWAPs are recalculated each time a new OB/OS condition is triggered — acting like "fresh anchors" at key market turning points.
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⚙️ Key Features
🔁 Auto or Manual RSI Thresholds
→ Automatically determines dynamic RSI OB/OS levels based on past peaks and troughs, or lets you set fixed levels.
🧠 Master Symbol Control
→ Use the RSI of a separate asset (like BTCUSDT, ETHUSDT, SOLUSDT, BNBUSDT, SUPRAUSDT) or indices (like TOTAL, TOTAL2, BFR) to control resets — ideal for tracking how BTC/major coins impacts altcoins/others.
🔍 Trend-Filtering Signal Logic
→ Signals are filtered for less noise and are triggered when:
- Both AVWAPs are rising (bullish) or falling (bearish)
- Price action confirms the structure
🎯 Visual Markers & Alerts
→ "💥" for bullish signals and "🔥" for bearish ones. Alerts included for automation or push notifications.
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🎯 How to Use It
1. Add the indicator to your chart.
2. Choose whether to use RSI from the current symbol or a master symbol (e.g., BTC).
3. Select auto-adjusted or manual OB/OS levels.
4. Watch for:
- AVWAP(s) making a significant change (at this point it's one of the AVWAPs resetting)
- Check if price flip it upwards or downwards
- If price goes above both AVWAPs thats a likely bullish trend
- If price can't go above both AVWAPs up and fall bellow both that's a likely bearish trend
- Price retesting upper AVWAP and bounce
- likely bullish continuation
- Price retesting lower AVWAP and dip
- likely bearish continuation
- Signal icons on chart ("💥 - Bullish" or "🔥- Bearish")
Best suited for:
• Swing traders
• Momentum traders
• Traders timing altcoin entries using BTC/Major asset's RSI
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🔔 Signal Explanation
💥 Bullish Signal =
• Both AVWAPs rising
• Higher lows in price structure
• Bullish candle close
• Triggered from overbought RSI reset
🔥 Bearish Signal =
• Both AVWAPs falling
• Lower highs in price structure
• Bearish candle close
• Triggered from oversold RSI reset
Signals reset by opposite signals to prevent noise or overfitting.
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⚠️ Tips & Notes
• Use AVWAPs as dynamic support/resistance, even without signal triggers
• Pair with volume or divergence tools for stronger confirmation
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🧩 Credits & Philosophy
This tool is built with a simple philosophy:
"Anchor your trades to meaningful moments in price — not arbitrary time."
The dual AVWAP concept helps you see how price reacts after momentum peaks, giving you a cleaner bias and more precise trade setups.
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Smart Directional Fib Zone (Selectable Session)🎯 Overview
This indicator plots a dynamic Fibonacci zone between the 0.5 and 0.618 levels , calculated from the previous day’s price action , and is designed specifically for intraday traders.
It visually highlights key retracement or reaction areas where the market often pauses or reverses.
🔍 How it works
At the start of each day, the script automatically captures:
the previous day’s open (pdo),
high (pdh),
low (pdl),
and close (pdc).
It then determines if the previous day was bullish (Close > Open) or bearish (Close < Open).
Based on that:
If the previous day was bullish, it projects the Fibonacci levels down from the high (typical for expecting retracements).
If bearish, it projects them up from the low.
The two key levels are:
0.5 (50%) retracement / projection
0.618 (61.8%) retracement / projection
A colored zone is plotted between these levels to act as a leading guide for intraday setups.
⏰ Time filtering & session customization
A unique feature is the dynamic session filtering:
By default, the zone is only plotted during active market hours, keeping your chart clean outside trading hours.
The script provides a dropdown selector so you can quickly switch between:
India session (9:15 to 15:30)
Europe session (9:00 to 17:30)
US session (9:30 to 16:00)
Or even define your own custom session times.
This makes it ideal for intraday traders in any region.
🎨 Visual features
The fill zone changes color based on the previous day’s sentiment:
Green zone if the previous day was bullish
Red zone if the previous day was bearish
🚨 Alerts
The script includes an alert condition, so you can easily set up TradingView alerts to notify you when:
Price enters the Fibonacci zone.
This is extremely helpful for catching retracements or reversals without staring at the screen all day.
⚙️ How to use
✅ Works on any intraday timeframe (1 min, 5 min, 15 min, etc.).
✅ Simply add it to your chart, pick your session in the dropdown, and watch the Fibonacci zone automatically adjust to your selected market hours.
Use it as a confluence tool alongside other indicators like VWAP, EMAs, Bollinger Bands, or price action patterns to time entries and exits.
💪 Why this is powerful
This is more than a simple Fib retracement tool:
It dynamically adapts to the previous day’s sentiment, helping you trade in alignment with recent market psychology.
The session filtering ensures your charts are focused only on the periods
Logistic Regression ICT FVG🚀 OVERVIEW
Welcome to the Logistic Regression Fair Value Gap (FVG) System — a next-gen trading tool that blends precision gap detection with machine learning intelligence.
Unlike traditional FVG indicators, this one evolves with each bar of price action, scoring and filtering gaps based on real market behavior.
🔧 CORE FEATURES
✨ Smart Gap Detection
Automatically identifies bullish and bearish Fair Value Gaps using volatility-aware candle logic.
📊 Probability-Based Filtering
Uses logistic regression to assign each gap a confidence score (0 to 1), showing only high-probability setups.
🔁 Real-Time Retest Tracking
Continuously watches how price interacts with each gap to determine if it deserves respect.
📈 Multi-Factor Assessment
Evaluates RSI, MACD, and body size at gap formation to build a full context snapshot.
🧠 Self-Learning Engine
The logistic regression model updates on each bar using gradient descent, refining its predictions over time.
📢 Built-In Alerts
Get instant alerts when a gap forms, gets retested, or breaks.
🎨 Custom Display Options
Control the color of bullish/bearish zones, and toggle on/off probability labels for cleaner charts.
🚩 WHAT MAKES IT DIFFERENT
This isn’t just another box-drawing indicator.
While others mark every imbalance, this system thinks before it draws — using statistical modeling to filter out noise and prioritize high-impact zones.
By learning from how price behaves around gaps (not just how they form), it helps you trade only what matters — not what clutters.
⚙️ HOW IT WORKS
1️⃣ Detection
FVGs are identified using ATR-based thresholds and sharp wick imbalances.
2️⃣ Behavior Monitoring
Every gap is tracked — and if respected enough times, it becomes part of the elite training set.
3️⃣ Context Capture
Each new FVG logs RSI, MACD, and body size to provide a feature-rich context for prediction.
4️⃣ Prediction (Logistic Regression)
The model predicts how likely the gap is to be respected and assigns it a probability score.
5️⃣ Classification & Alerts
Gaps above the threshold are plotted with score labels, and alerts trigger for entry/respect/break.
⚙️ CONFIGURATION PANEL
🔧 System Inputs
• Max Retests – How many times a gap must be respected to train the model
• Prediction Threshold – Minimum score to show a gap on the chart
• Learning Rate – Controls how fast the model adapts (default: 0.009)
• Max FVG Lifetime – Expiration duration for unused gaps
• Show Historic Gaps – Show/hide expired or invalidated gaps
🎨 Visual Options
• Bullish/Bearish Colors – Set gap colors to fit your chart style
• Confidence Labels – Show probability scores next to FVGs
• Alert Toggles – Enable alerts for:
– New FVG detected
– FVG respected (entry)
– FVG invalidated (break)
💡 WHY LOGISTIC REGRESSION?
Traditional FVG tools rely on candle shapes.
This system relies on probability — by training on RSI, MACD, and price behavior, it predicts whether a gap will act as a true liquidity zone.
Logistic regression lets the system continuously adapt using new data, making it more accurate the longer it runs.
That means smarter signals, fewer false positives, and a clearer view of where real opportunities lie.
Pivot Swings w Table Pivot Swings w Table — Intraday Structure & Range Analyzer
This indicator identifies key pivot highs and lows on the chart and highlights market structure shifts using a real-time table display. It helps traders visually confirm potential trade setups by tracking unbroken swing points and measuring the range between the most recent pivots.
🔍 Features:
🔹 Automatic Pivot Detection using configurable left/right bar logic.
🔹 Unbroken Pivot Filtering — only pivots that haven't been invalidated by price are displayed.
🔹 Dynamic Range Table with:
Latest valid Pivot High and Pivot Low
Total Range Width
Upper & Lower 25% range thresholds (useful for value/imbalance analysis)
🔹 Trend-Based Color Coding — the table background changes based on which pivot (high or low) occurred more recently:
🟥 Red: Downward bias (last pivot was a lower high)
🟩 Green: Upward bias (last pivot was a higher low)
🔹 Optional extension of pivot levels to the right of the chart for support/resistance confluence.
⚙️ How to Use:
Adjust the Left Bars and Right Bars inputs to fine-tune how swings are defined.
Look for price reacting near the Upper or Lower 25% zones to anticipate mean reversion or breakout setups.
Use the trend color of the table to confirm directional bias, especially useful during consolidation or retracement periods.
💡 Best For:
Intraday or short-term swing traders
Traders who use market structure, support/resistance, or trend-based strategies
Those looking to avoid low-quality trades in tight ranges
✅ Built for overlay use on price charts
📈 Works on all symbols and timeframes
🧠 No repainting — pivots are confirmed with completed bars
Warrior Trading Momentum Strategy
# 🚀 Warrior Trading Momentum Strategy - Day Trading Excellence
## Strategy Overview
This comprehensive Pine Script strategy replicates the proven methodologies taught by Ross Cameron and the Warrior Trading community. Designed for active day traders, it identifies high-probability momentum setups with strict risk management protocols.
## 📈 Core Trading Setups
### 1. Gap and Go Trading
- **Primary Focus**: Stocks gapping up 2%+ with volume confirmation
- **Entry Logic**: Breakout above gap open with momentum validation
- **Volume Filter**: 2x average volume requirement for quality setups
### 2. ABCD Pattern Recognition
- **Pattern Detection**: Automated identification of classic ABCD reversal patterns
- **Validation**: A-B and C-D move relationship analysis
- **Entry Trigger**: D-point breakout with volume confirmation
### 3. VWAP Momentum Plays
- **Strategy**: Entries near VWAP with bounce confirmation
- **Distance Filter**: Configurable percentage distance for optimal entries
- **Direction Bias**: Above VWAP bullish momentum validation
### 4. Red to Green Reversals
- **Setup**: Reversal patterns after consecutive red candles
- **Confirmation**: Volume spike with bullish close required
- **Momentum**: Trend change validation with RSI support
### 5. Breakout Momentum
- **Logic**: Breakouts above recent highs with volume
- **Filters**: EMA20 and RSI confirmation for quality
- **Trend**: Established momentum direction validation
## ⚡ Key Features
### Smart Risk Management
- **Position Sizing**: Automatic calculation based on account risk percentage
- **Stop Loss**: 2 ATR-based stops for volatility adjustment
- **Take Profit**: Configurable risk-reward ratios (default 1:2)
- **Trailing Stops**: Profit protection with adjustable triggers
### Advanced Filtering System
- **Time Filters**: Market hours trading with lunch hour avoidance
- **Volume Confirmation**: Multi-timeframe volume analysis
- **Momentum Indicators**: RSI and moving average trend validation
- **Quality Control**: Multiple confirmation layers for signal accuracy
### PDT-Friendly Design
- **Trade Limiting**: Built-in daily trade counter for accounts under $25K
- **Selective Trading**: Priority scoring system for A+ setups only
- **Quality over Quantity**: Maximum 2-3 high-probability trades per day
## 🎯 Optimal Usage
### Best Timeframes
- **Primary**: 5-minute charts for entry timing
- **Secondary**: 1-minute for precise execution
- **Context**: Daily charts for gap analysis
### Ideal Market Conditions
- **Volatility**: High-volume, momentum-driven markets
- **Stocks**: Market cap $100M+, average volume 1M+ shares
- **Sectors**: Technology, biotech, growth stocks with news catalysts
### Account Requirements
- **Minimum**: $500+ for proper position sizing
- **Recommended**: $25K+ for unlimited day trading
- **Risk Tolerance**: Active day trading experience preferred
## 📊 Performance Optimization
### Entry Criteria (All Must Align)
1. ✅ Time filter (market hours, avoid lunch)
2. ✅ Volume spike (2x+ average volume)
3. ✅ Momentum confirmation (RSI 50-80)
4. ✅ Trend alignment (above EMA20)
5. ✅ Pattern completion (setup-specific)
### Risk Parameters
- **Maximum Risk**: 1-2% per trade
- **Position Size**: 25% of account maximum
- **Stop Loss**: 2 ATR below entry
- **Take Profit**: 2:1 risk-reward minimum
## 🔧 Customization Options
### Gap Trading Settings
- Minimum gap percentage threshold
- Volume multiplier requirements
- Gap validation criteria
### Pattern Recognition
- ABCD ratio parameters
- Swing point sensitivity
- Pattern completion filters
### Risk Management
- Risk-reward ratio adjustment
- Maximum daily trade limits
- Trailing stop trigger levels
### Time and Session Filters
- Trading session customization
- Lunch hour avoidance toggle
- Market condition filters
## ⚠️ Important Disclaimers
### Risk Warning
- **High Risk**: Day trading involves substantial risk of loss
- **Capital Requirements**: Only trade with risk capital
- **Experience**: Strategy requires active monitoring and experience
- **Market Conditions**: Performance varies with market volatility
### PDT Considerations
- **Day Trading Rules**: Accounts under $25K limited to 3 day trades per 5 days
- **Compliance**: Strategy includes trade counting for PDT compliance
- **Alternative**: Consider swing trading modifications for smaller accounts
### Backtesting vs Live Trading
- **Slippage**: Real trading involves execution delays and slippage
- **Commissions**: Factor in broker fees for accurate performance
- **Market Impact**: Large positions may affect fill prices
- **Psychological Factors**: Live trading involves emotional challenges
## 📚 Educational Value
This strategy serves as an excellent learning tool for understanding:
- Professional day trading methodologies
- Risk management principles
- Pattern recognition techniques
- Volume and momentum analysis
- Multi-timeframe analysis
## 🤝 Community and Support
Based on proven Warrior Trading methodologies with active community support. Strategy includes comprehensive plotting and information tables for educational purposes and trade analysis.
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**Disclaimer**: This strategy is for educational purposes. Past performance does not guarantee future results. Always practice proper risk management and never risk more than you can afford to lose.
**Tags**: #DayTrading #Momentum #WarriorTrading #GapAndGo #ABCD #VWAP #PatternTrading #RiskManagement
RSI OS/OB Background StripesThe "RSI OS/OB Background Stripes" indicator is a simple tool designed to help traders visualize overbought and oversold market conditions using the Relative Strength Index (RSI). It highlights these conditions by displaying colored background stripes directly on your chart, making it easy to spot potential trading opportunities.
How It Works:RSI Calculation: The indicator calculates the RSI, a popular momentum indicator that measures the speed and change of price movements, using a default period of 14 (customizable).
Overbought/Oversold Levels: It marks areas where the RSI is above a user-defined overbought level (default: 70) with red background stripes, and below an oversold level (default: 30) with green background stripes.
Visual Feedback: The colored stripes appear on the chart when the RSI enters overbought (red) or oversold (green) zones, helping you quickly identify market conditions.
Customization: You can adjust the RSI period, overbought/oversold levels, background colors, and transparency. You can also choose to show the RSI line in a separate panel or display RSI values on the chart for debugging.
Alerts: The indicator includes optional alerts that notify you when the RSI crosses into overbought or oversold territory.
Who It’s For: This indicator is perfect for beginner and intermediate traders who want a clear, visual way to track RSI-based overbought and oversold conditions without cluttering their charts.
Key Features:Easy-to-read background stripes for overbought (red) and oversold (green) conditions.
Fully customizable RSI settings, colors, and transparency.
Optional RSI plot and value display for deeper analysis.
Alerts to keep you informed of key RSI level crossings.
This indicator is a straightforward way to monitor market momentum and make informed trading decisions.
RSI Divergence (Nikko)RSI Divergence by Nikko
🧠 RSI Divergence Detector — Nikko Edition This script is an enhanced RSI Divergence detector built with Pine Script v6, modified for better visuals and practical usability. It uses linear regression to detect bullish and bearish divergences between the RSI and price action — one of the most reliable early signals in technical analysis.
✅ Improvements from the Original:
- Clean divergence lines using regression fitting.
- Optional label display to reduce clutter (Display Labels toggle).
- Adjustable line thickness (Display Line Width).
- A subtle heatmap background to highlight RSI overbought/oversold zones.
- Uses max accuracy with high calc_bars_count and custom extrapolation window.
🔍 How It Works: The script applies linear regression (least squares method) on both RSI data, and Price (close) data.
It then compares the direction of RSI vs. direction of Price over a set length. If price is making higher highs while RSI makes lower highs, it's a bearish divergence. If price is making lower lows while RSI makes higher lows, it's a bullish divergence. Additional filters (e.g., momentum and slope thresholds) are used to validate only strong divergences.
🔧 Input Parameters: RSI Length: The RSI period (default: 14). RSI Divergence Length: The lookback period for regression (default: 25). Source: Which price data to calculate RSI from (default: close). Display Labels: Show/hide “Bullish” or “Bearish” labels on the chart. Display Line Width: Adjusts how thick the plotted divergence lines appear.
📣 Alerts: Alerts are built-in for both RSI Buy (bullish divergence) and RSI Sell (bearish divergence) so you can use it in automation or notifications.
🚀 Personal Note: I’ve been using this script daily in my own trading, which is why I took time to improve both the logic and visual clarity. If you want a divergence tool that doesn't clutter your chart but gives strong signals, this might be what you're looking for.
