Value Chart [TMC]*** April 20, 2015 - NEW UPDATE ***
Added classic color scheme and additional lines. Updated source: pastebin.com
April 10, 2015 - Updated version of Value Chart - candles draw correctly now.
Requires cover layer to be set as same color as your background. (white in default)
I hope you will enjoy it. :)
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thinkCNE - Key with Multiple ColoursCustomisable Key with Multi-Coloured Highlights for Chart Annotations
Overview:
This Customizable Key indicator is designed to provide traders with a clear and visually customizable legend that can be displayed on their chart. It allows users to annotate their charts with up to 10 distinct labels, each paired with a unique color-coded square. This feature is especially useful when you need to visually differentiate between various technical elements on your chart, such as support/resistance levels, Fair Value Gaps (FVGs), or important pivot points.
Key Features:
Customizable Labels and Colors: Each row in the table can be customized with unique text and background colors. This flexibility allows traders to create a personalized key that reflects the specific elements they are tracking, such as monthly FVGs, daily supports, volume-based zones, or any other custom annotations.
Flexible Number of Rows: The user can enable or disable rows as needed, which ensures that the table only shows relevant information. If fewer than 10 rows are required, the unused rows can be hidden from view, maintaining a clean and uncluttered chart.
Dynamic Table Placement: The key can be placed at different positions on the chart (top-right, middle-right, or bottom-right), giving users control over where the key appears to avoid covering important parts of their technical analysis.
Adjustable Size and Text Format: Users can customize the size of the color squares, the text, and even the overall appearance of the table. The text size can range from small to huge, making the labels easy to read based on personal preferences.
Use Cases:
Annotating Key Technical Zones: The indicator is perfect for annotating multiple technical zones or levels that require consistent attention. For example, traders can label areas like "Monthly FVG," "Daily Support," "Key Resistance," or even "Volume Spike," and color-code them accordingly for quick reference.
Drawing Clarity: A well-organized chart is essential for clear decision-making. This indicator enhances clarity by visually categorizing different chart features, making it easier to quickly interpret the chart without confusion. The customizable color squares ensure that users can quickly identify which technical element corresponds to which label on the chart.
Visual Aid for Strategy Execution: For traders using strategies involving multiple indicators, support and resistance lines, or patterns, this key helps keep track of all the elements, especially when several overlapping annotations might clutter the chart. It allows users to draw specific attention to key areas of interest and explain the rationale for each one.
Educational & Presentational Tool: If you're conducting trading education sessions or presentations, this indicator can serve as a powerful tool to explain concepts in real-time. You can present your chart with clearly marked zones or levels, where each color and label explains the reasoning behind your analysis. It’s a professional tool for walkthroughs or strategy breakdowns.
Benefits:
Enhanced Visual Organization: The color-coded squares and corresponding labels make it easier to maintain organization within a busy chart. Traders can distinguish between multiple chart elements at a glance, which enhances their focus on critical zones or setups.
Improved Decision-Making: By clearly labeling and color-coding areas of importance, traders can reduce the time it takes to assess the chart and make decisions, as the key provides a concise reference.
Customizable to Individual Needs: Traders can adapt the indicator to their specific trading style and chart elements, whether they're swing traders marking longer-term zones or day traders focusing on short-term levels.
Clarity on Complex Charts: For traders using charts with several indicators and drawings, the ability to clearly define what each color and label represents ensures that the chart remains understandable, even with multiple overlays.
UNITY[ALGO] PO3 V3Of course. Here is a complete and professional description in English for the indicator we have built, detailing all of its features and functionalities.
Indicator: UNITY PO3 V7.2
Overview
The UNITY PO3 is an advanced, multi-faceted technical analysis tool designed to identify high-probability reversal setups based on the Swing Failure Pattern (SFP). It combines real-time SFP detection on the current timeframe with a sophisticated analysis of key institutional liquidity zones from the H4 timeframe, presenting all information in a clear, dynamic, and interactive visual interface.
This indicator is built for traders who use liquidity concepts, providing a complete dashboard of entries, targets, and invalidation levels directly on the chart.
Core Features & Functionality
1. Swing Failure Pattern (SFP) Detection (Current Timeframe)
The indicator's primary engine identifies SFPs on the chart's active timeframe with two layers of logic:
Standard SFP: Detects a classic liquidity sweep where the current candle's wick takes out the high or low of the previous candle and the body closes back within the previous candle's range.
Outside Bar SFP Logic: Intelligently analyzes engulfing candles that sweep both the high and low of the previous candle. A valid signal is only generated if the candle has a clear directional close:
Bullish Signal: If the outside bar closes higher than its open.
Bearish Signal: If the outside bar closes lower than its open.
Neutral (doji-like) outside bars are ignored to filter for indecision.
2. Comprehensive On-Chart SFP Markings
When a valid SFP is detected, a full suite of dynamic drawings appears on the chart:
Failure Line: A dashed line (red for bearish, green for bullish) marking the precise price level of the liquidity sweep.
PREMIUM ZONE (SFP Candle Wick): A transparent, colored rectangle highlighting the rejection wick of the signal candle (the upper wick for bearish SFPs, the lower wick for bullish SFPs). This zone automatically extends to the right, following the current price, until the DOL is hit.
CRT BOX (Reference Candle): A transparent box with a colored border drawn around the entire range of the candle that was swept (Candle 1). This highlights the full liquidity zone and also extends dynamically until the DOL is hit.
Dynamic Target Line: A blue dashed line marking the primary objective (the low of the signal candle for shorts, the high for longs).
The line begins with a "⏳ Target" label and extends with the current price.
Upon being touched by price, the line freezes, and its label permanently changes to "✅ Target".
Dynamic DOL (Draw on Liquidity) Line: An orange dashed line marking the invalidation level, defined as the opposite extremity of the swept candle (Candle 1).
It begins with a "⏳ dol" label and extends with the price.
Upon being touched, it freezes, and its label changes to "✅ dol".
3. Multi-Session Killzone Liquidity Levels (H4 Analysis)
The indicator automatically analyzes the H4 timeframe in the background to identify and plot key liquidity levels from three major trading sessions, based on their UTC opening times.
1am Killzone (London Lunch): Tracks the high/low of the 05:00 UTC H4 candle.
5am Killzone (London Open): Tracks the high/low of the 09:00 UTC H4 candle.
9am Killzone (NY Open): Tracks the high/low of the 13:00 UTC H4 candle.
For each of these Killzones, the indicator provides two types of analysis:
Last KZ Lines: Plots the high and low of the most recent qualifying Killzone candle. These lines are dynamic, extending with price and showing a ⏳/✅ status when touched.
Fresh Zones: A powerful feature that scans the entire available history of Killzones to find and display the closest untouched high (above the current price) and the closest untouched low (below the current price). These "Fresh" lines are also fully dynamic and provide a real-time view of the most relevant nearby liquidity targets.
4. Advanced User Settings & Chart Management
The indicator is designed for a clean and user-centric experience with powerful customization:
Show Only Last SFP: Keeps the chart clean by automatically deleting the previous SFP setup when a new one appears.
Hide SFP on DOL Reset: When checked, automatically removes all drawings related to an SFP setup the moment its invalidation level (DOL line) is touched. This leaves only active, valid setups on the chart.
Hide Consumed KZ: When checked, automatically removes any Killzone or Fresh Zone line from the chart as soon as it is touched by the price.
Independent Toggles: Every visual element—SFP signals, each of the three Killzones, and their respective "Fresh" zone counterparts—can be turned on or off independently from the settings menu for complete control over the visual display.
Z-Order Priority: All indicator drawings are rendered in front of the chart candles, ensuring they are always clearly visible and never hidden from view.
BTC Daily DCA CalculatorThe BTC Daily DCA Calculator is an indicator that calculates how much Bitcoin (BTC) you would own today by investing a fixed dollar amount daily (Dollar-Cost Averaging) over a user-defined period. Simply input your start date, end date, and daily investment amount, and the indicator will display a table on the last candle showing your total BTC, total invested, portfolio value, and unrealized yield (in USD and percentage).
Features
Customizable Inputs: Set the start date, end date, and daily dollar amount to simulate your DCA strategy.
Results Table: Displays on the last candle (top-right of the chart) with:
Total BTC: The accumulated Bitcoin from daily purchases.
Total Invested ($): The total dollars invested.
Portfolio Value ($): The current value of your BTC holdings.
Unrealized Yield ($): Your profit/loss in USD.
Unrealized Yield (%): Your profit/loss as a percentage.
Visual Markers: Green triangles below the chart mark each daily investment.
Overlay on Chart: The table and markers appear directly on the BTCUSD price chart for easy reference.
Daily Timeframe: Designed for Daily (1D) charts to ensure accurate calculations.
How to Use
Add the Indicator: Apply the indicator to a BTCUSD chart (e.g., Coinbase:BTCUSD, Binance:BTCUSDT).
Set Daily Timeframe: Ensure your chart is on the Daily (1D) timeframe, or the script will display an error.
Configure Inputs: Open the indicator’s Settings > Inputs tab and set:
Start Date: When to begin the DCA strategy (e.g., 2024-01-01).
End Date: When to end the strategy (e.g., 2025-04-27 or earlier).
Daily Investment ($): The fixed dollar amount to invest daily (e.g., $100).
View Results: Scroll to the last candle in your date range to see the results table in the top-right corner of the chart. Green triangles below the bars indicate investment days.
Settings
Start Date: Choose the start date for your DCA strategy (default: 2024-01-01).
End Date: Choose the end date (default: 2025-04-27). Must be after the start date and within available chart data.
Daily Investment ($): Set the daily investment amount (default: $100). Minimum is $0.01.
Notes
Timeframe: The indicator requires a Daily (1D) chart. Other timeframes will trigger an error.
Data: Ensure your BTCUSD chart has historical data for the selected date range. Use reliable pairs like Coinbase:BTCUSD or Binance:BTCUSDT.
Limitations: Does not account for trading fees or slippage. Future dates (beyond the current date) will not display results.
Performance: Works best with historical data. Free TradingView accounts may have limited historical data; consider premium for longer ranges.
FVG Alerts (Vortus)What are Fair Value Gaps (FVGs)?
Fair Value Gaps (FVGs) represent price inefficiencies where buying and selling volumes are imbalanced, creating gaps between the wicks of consecutive candles. These gaps often act as magnets for price, as markets tend to "fill" these gaps before resuming their trend.
FVGs can signal potential entry or exit points, making them a valuable tool for traders looking to exploit these price inefficiencies.
How to Use the Script to Add Alerts:
1. Add the Script to Your Chart:
Load the script into TradingView by pasting it into the Pine Script Editor, then apply it to your chart.
2. Adjust Your Settings:
In the "FVG Settings" section, decide whether you want gaps to be removed after their midpoint or full fill. You can also choose to identify gaps only after a candle has closed, adding a level of confirmation to your strategy.
Customize the colors for Bullish and Bearish FVGs under "Visual Settings" to match your chart's theme.
3. Set Up Your Alerts:
After adding the script to your chart, go to the "Alerts" section in TradingView.
Select either "Bullish FVG Filled" or "Bearish FVG Filled" from the "Condition" dropdown menu.
Configure the alert parameters such as frequency, expiration, and notification method according to your trading strategy.
4. Stay on Top of the Market:
Once set up, the script will automatically notify you when a Fair Value Gap is filled, keeping you informed of potential reversal or continuation opportunities without needing to constantly monitor the charts.
Feedback is Welcome
ICT Watermark | FluxxDescription:
The watermark indicator is designed to enhance the visual presentation of your trading charts by adding customizable watermarks. This tool allows you to overlay essential information, such as ticker symbols, timeframes, dates, and custom text, directly onto your charts. While providing larger text options then all other watermarks currently available.
Key Features:
Customizable Watermarks: Users can enable up to two watermarks with adjustable text content, color, size, and position.
Dynamic Information Display: Option to display real-time symbol and timeframe details, as well as the current date.
Flexible Placement: Watermarks can be positioned at the top, middle, or bottom of the chart, and aligned to the left, center, or right.
Multiple Size Options: Includes a variety of text sizes, making the text larger than any other watermark out there!
Use Cases:
Branding: Add your name or brand to your charts for a personalized touch.
Clarity: Overlay important chart details without obstructing the main content, helping in presentations or shared analysis.
This indicator is original and valuable for traders who seek to enhance the clarity and professionalism of their charts. It is particularly useful for those who create educational content or wish to maintain consistent chart branding.
ET's FlagsPurpose:
This Pine Script is designed for the TradingView platform to identify and visually highlight specific technical chart patterns known as "Bull Flags" and "Bear Flags" on financial charts. These patterns are significant in trading as they can indicate potential continuation trends after a brief consolidation. The script includes mechanisms to manage signal frequency through a cooldown period, ensuring that the trading signals are not excessively frequent and are easier to interpret.
Functionality:
Input Parameters:
flagpole_length: Defines the number of bars to consider when identifying the initial surge in price, known as the flagpole.
flag_length: Determines the number of bars over which the flag itself is identified, representing a period of consolidation.
percent_change: Sets the minimum percentage change required to validate the presence of a flagpole.
cooldown_period: Specifies the number of bars to wait before another flag can be identified, reducing the risk of overlapping signals.
Percentage Change Calculation:
The script calculates the percentage change between two price points using a helper function percentChange(start, end). This function is crucial for determining whether the price movement within the specified flagpole_length meets the threshold set by percent_change, thus qualifying as a potential flagpole.
Flagpole Identification:
Bull Flagpole: Identified by finding the lowest close price over the flagpole_length and determining if the subsequent price rise meets or exceeds the specified percent_change.
Bear Flagpole: Identified by finding the highest close price over the flagpole_length and checking if the subsequent price drop is sufficient as per the percent_change.
Flag Identification:
After identifying a flagpole, the script assesses if the price action within the next flag_length bars consolidates in a manner that fits a flag pattern. This involves checking if the price fluctuation stays within the bounds set by the percent_change.
Signal Plotting:
If a bull or bear flag pattern is confirmed, and the cooldown period has passed since the last flag of the same type was identified, the script plots a visual shape on the chart:
Green shapes below the price bar for Bull Flags.
Red shapes above the price bar for Bear Flags.
Line Drawing:
For enhanced visualization, the script draws lines at the high and low prices of the flag during its formation period. This visually represents the consolidation phase of the flag pattern.
Debugging Labels:
The script optionally displays labels at the flag formation points, showing the exact percentage change achieved during the flagpole formation. This feature aids users in understanding why a particular segment of the price chart was identified as a flag.
Compliance and Usage:
This script does not automate trading but provides visual aids and potential signals based on historical price analysis. It adheres to TradingView's scripting policies by only accessing publicly available price data and user-defined parameters without executing trades or accessing any external data.
Conclusion:
This Pine Script is a powerful tool for traders who follow technical analysis, offering a clear, automated way to spot potential continuation patterns in the markets they monitor. By emphasizing visual clarity and reducing signal redundancy through cooldown periods, the script enhances decision-making processes for chart analysis on TradingView.
3 Bar PlayThe "3 Bar Play" is a simple yet powerful pattern that traders look for as a signal of potential market movement. The pattern is defined by a sequence of three bars (or candlesticks) on the chart:
I saw Rake Trades post about this pattern. It not a new concept just wanted it to automatically be plotted on my chart rather then looking out for it.
Up 3 Bar Play: This pattern signals a potential upward movement.
The first bar (two bars ago from the current bar) must close higher than it opened, indicating a bullish bar.
The second bar (the previous bar) must close lower than it opened, indicating a bearish bar, but its low should be higher than the low of the first bar, showing that bears couldn't push the price much lower.
The third bar (the current bar) must open and close higher than the previous bar, closing above the high of the second bar, confirming the bullish sentiment.
Down 3 Bar Play: This pattern signals a potential downward movement.
The first bar (two bars ago from the current bar) must close lower than it opened, indicating a bearish bar.
The second bar (the previous bar) must close higher than it opened, indicating a bullish bar, but its high should be lower than the high of the first bar, showing that bulls couldn't push the price much higher.
The third bar (the current bar) must open and close lower than the previous bar, closing below the low of the second bar, confirming the bearish sentiment.
Plotting the Patterns
plotshape(): This function is used to plot shapes on the chart to visually highlight where the patterns occur.
For an "Up 3 Bar Play", a green triangle pointing upwards is plotted below the bullish pattern to indicate a potential buy signal.
For a "Down 3 Bar Play", a red triangle pointing downwards is plotted above the bearish pattern to indicate a potential sell signal.
Key Points
This script helps traders quickly identify potential entry points based on the 3 Bar Play pattern without manually scanning the charts.
It's important to remember that no single pattern guarantees market movements, and it's often used in conjunction with other indicators and analysis methods.
This script is a practical tool for those looking to incorporate the 3 Bar Play pattern into their trading strategy, offering a clear visual cue on the chart whenever the pattern is identified.
Please understand the 3 bar play and where you should set your stop loss
Andean • Dot Watcher (Exact Math + Optional Alerts)Title: Andean • Dot Watcher (1m + 1000T Alerts)
Description:
The Andean • Dot Watcher is a precision trend-detection tool that plots Bull and Bear “dot” signals for both the 1-minute chart and the 1000-tick chart — all in one indicator. It’s designed for traders who want early confirmation from tick data while also monitoring a traditional time-based chart for added confluence.
Key Features:
Dual-Timeframe Signals – Plots and alerts for both 1m and 1000T chart conditions.
Bull Dots – Green markers indicating bullish dominance or trigger events.
Bear Dots – Red markers indicating bearish dominance or trigger events.
Customizable Dot Mode – Choose between continuous dominance, flip-only signals, or crossover conditions.
Real-Time Alerts – Built-in TradingView alerts for:
1m Bull / 1m Bear signals
1000T Bull / 1000T Bear signals
Alert Flexibility – Users can set alerts for either timeframe independently or combine them for confirmation setups.
Usage Tips:
For fastest reaction, combine 1000T dots with 1-minute dots as a confirmation filter.
If your TradingView plan does not include tick charts, you can still use the 1-minute signals without issue.
Works best when combined with your existing trade plan for entries, exits, and risk management.
Requirements:
1-minute chart signals work on any TradingView plan (including Basic).
1000T tick chart signals require a TradingView plan that supports tick charts.
Auto NWOG Levels x5Indicator Name: Auto NWOG Levels with Labels
Description:
This indicator automatically plots the NWOG (Naked Weekly Open Gap) price levels on your chart. It includes:
NWOG High & Low: Solid maroon lines representing the high and low boundaries of the NWOG zone.
Intermediate Levels: Dotted maroon lines at 25%, 50%, and 75% levels within the NWOG range, providing visual guidance for possible support/resistance zones.
Labels: Each level is labeled on the right side of the chart, including a customizable date label for context.
Extendable Lines: All lines extend horizontally for a customizable number of bars (default: 500 bars) for better visibility over time.
Inputs:
NWOG High: Price level of the NWOG high.
NWOG Low: Price level of the NWOG low.
Date Label: Text to be displayed on the labels (e.g., the week of the NWOG).
This tool is useful for traders who monitor weekly price gaps and want clear, persistent levels drawn automatically on their charts.
Multi-Timeframe S/R & Breakout Projection1) What This Script Does
Collects S/R levels from the 15-minute and 1-hour timeframes, using each timeframe’s pivot detection.
Sorts those pivot-based levels by their distance from the current price, so you see the nearest levels first.
Draws up to a user-defined number of those levels as horizontal rays on the current chart.
Checks breakouts at the nearest S/R line (the one with the smallest distance from price):
Real Breakout: price breaks above a level and sustains above it for the specified number of bars.
False Breakout: price breaks above but quickly closes back below within the specified lookback.
On confirmation of a real or false breakout, that S/R line changes color to green if price is going higher, or red if price is going lower.
Displays a small table in the corner with:
Daily Trend: bullish or bearish, using an SMA on a 30-minute timeframe.
Sentiment: bullish or bearish, using RSI on the same 30-minute timeframe.
2) How It Works
Multi-Timeframe Pivot Detection
The script uses request.security() to fetch pivot highs/lows from two higher timeframes (15m and 60m).
It collects up to a user-specified number of these pivots (numRecent) from each TF.
Sorting & Plotting S/R Lines
Once pivot values are gathered, the script calculates their “distance” from current price.
It sorts them so that the S/R lines drawn on your chart are the nearest ones first.
Each line is drawn with a color and style you can customize:
srRayColor sets the overall color (e.g. yellow).
srRayStyleOptions can be Solid, Dashed, or Dotted.
Breakout Determination
After drawing the lines, the script looks at the nearest line and applies two specialized checks (f_isFalseBreakout & f_isRealBreakout):
A real breakout occurs if price closes above (or below) and remains on that side for breakLook bars.
A false breakout occurs if price closes above (or below) but quickly returns.
When a breakout is confirmed, that nearest line changes color to:
Green if price is ultimately going up,
Red if price is going down.
Daily Trend & Sentiment Table
A small table in the bottom-right corner shows:
Daily Trend: uses a 30-minute SMA to see if your price is above/below on that timeframe.
Sentiment: uses the RSI (also on 30m). A value over 50 suggests bullish sentiment; under 50 suggests bearish.
3) How to Use It
Timeframes & Pivots
Choose how many pivots (numRecent) from each TF to fetch (up to 10 total). A higher number means you’ll see more historical S/R lines.
Customize pivotLeft & pivotRight for how “wide” the pivot detection is.
Line Customization
In the script’s Inputs tab, you’ll find:
S/R Rays Color – sets the hue of the lines.
S/R Line Style – pick from Solid, Dashed, or Dotted.
Liquidity Lines Color – color for the smaller pivot lines from your chart timeframe’s pivot detection.
Breakout Lookback
breakLook determines how many bars must confirm or refute the breakout. Adjust it based on how conservative or aggressive you want the breakout detection.
Check the Table
In the bottom-right, watch the script’s “Daily Trend” & “Sentiment”. This can be a quick filter for trades:
“Bullish” daily trend with a bullish sentiment is often more favorable for long trades.
Conversely, “Bearish” daily trend & sentiment can confirm short ideas.
Scenarios
If you see a “Real Breakout” label near the line, the script recolors that line green or red, indicating a possible continuous move.
A “False Breakout” label suggests the price has quickly retraced.
4) Originality & Concepts
Multi-Timeframe Approach: Many S/R indicators fetch only local pivot lines; here, we explicitly gather pivot points from two separate TFs (15m & 60m) and project them onto your lower timeframe chart.
Distance-Based Sorting ensures you only see the nearest lines on the chart, preventing clutter from excessive lines.
Breakout Logic used is straightforward but effective: it checks if price truly holds beyond a level (real breakout) or fails to hold (false breakout).
Line Recoloring provides immediate visual feedback on the success or failure of the breakout.
5) Chart Usage
Plot this script on a relatively low timeframe chart (like the 1m, 5m, or 15m) to see the higher timeframe S/R lines.
Select how many S/R lines you want to show, choose the line style, set your pivot detection parameters, then watch for breakouts.
Tips:
Start with fewer lines (maxLevels=3 or 5) so the chart remains clear.
You can experiment with a small breakLook if you want more immediate breakout signals, or a higher breakLook if you need stronger confirmation.
Enjoy using the “Multi-Timeframe S/R & Breakout Projection” script! It simplifies the manual process of spotting higher timeframe pivot lines and helps you quickly assess potential breakouts or fakes on your intraday charts, all while giving you a snapshot of the higher timeframe’s trend and sentiment.
Price Action + Support/Resistance with LabelsEntry Conditions:
Long Entry (BUY): Based on the bullish engulfing pattern and price being above the resistance level.
Short Entry (SELL): For demonstration, the short entry condition is set as price being below the support level and a bullish candle in the previous bar. You can modify this logic for your own use case.
Stop Loss and Take Profit:
Stoploss is plotted at the calculated stop loss level.
Target is plotted at the calculated take profit level.
Labels:
For long trades, labels are added with "BUY", "STOPLOSS", and "TARGET".
For short trades (if enabled), labels are added with "SELL", "STOPLOSS", and "TARGET".
Labels are placed using label.new at specific locations on the chart (above or below bars).
Alert Conditions:
Alerts are created for both long and short entry signals so you can get notified when the entry conditions are met.
How it works:
BUY label will appear below the bar when a long entry condition is met.
SELL label will appear above the bar when a short entry condition is met.
STOPLOSS and TARGET labels will appear at their respective levels when an entry signal is triggered.
The labels will appear on the chart to give you a clear visual cue of the entry, stop loss, and take profit levels.
How to Use:
Copy the script into your Pine Editor on TradingView and apply it to your chart.
Observe the labels that show up on the chart:
"BUY" will appear below the bar when long conditions are met.
"SELL" will appear above the bar when short conditions are met (if using short logic).
"STOPLOSS" will be plotted at the stop loss level.
"TARGET" will be plotted at the take profit level.
Optional Customization:
You can modify the short entry condition based on your preferred method.
You can adjust the length for the support/resistance calculation, the stopLossRR, and other parameters to fine-tune the strategy for Nifty 50 or any other asset.
Let me know if you have any further questions or need additional modifications!
BTC Trendline Patterns with Signals BTC Trendline Patterns with Signals
This custom Pine Script indicator automatically detects key pivot points in Bitcoin price action and draws support and resistance trendlines. The indicator provides buy (long) and sell (short) signals when these trendlines are broken. This can help traders identify potential breakout opportunities and trend reversals based on established price levels.
Features:
Pivot Point Detection: Automatically identifies pivot highs and lows in the price chart, based on customizable parameters (Pivot Left and Pivot Right).
Support and Resistance Trendlines: Draws trendlines based on the identified pivot points. These lines represent significant price levels where price may experience support or resistance.
Breakout Signals: Provides buy (long) and sell (short) signals when the price breaks above the resistance trendline (for buy signals) or below the support trendline (for sell signals).
Customizable Pivot Lengths: Adjust the number of bars considered for determining pivot points using the Pivot Left and Pivot Right input parameters.
How it Works:
Pivot Detection: The script identifies the highest high (pivotHigh) and the lowest low (pivotLow) within a specific range of bars (defined by Pivot Left and Pivot Right).
Trendline Plotting: Once pivots are detected, the script draws resistance (red) and support (green) trendlines connecting the most recent pivots. These trendlines act as dynamic support and resistance levels.
Breakout Signals: The script generates signals:
BUY (Long): Triggered when the price breaks above the most recent resistance trendline.
SELL (Short): Triggered when the price breaks below the most recent support trendline.
Parameters:
Pivot Left: Number of bars to the left of the pivot point to consider.
Pivot Right: Number of bars to the right of the pivot point to consider.
Line Width: Customizable line width for drawing trendlines.
Ideal Use:
Timeframes: This indicator works well on timeframes ranging from 1-minute to daily charts. For best results, use it on 1-hour, 4-hour, or daily charts.
Strategy: Ideal for breakout traders or trend-following strategies. Use it to identify potential entry points when price breaks key levels of support or resistance.
Example Use Case:
Swing Traders: Traders looking for potential breakouts can use this script to identify key levels in the market and wait for the price to break through resistance for a long trade or support for a short trade.
Day Traders: For those looking to enter and exit trades in a single day, this indicator can help pinpoint areas of support and resistance, and provide actionable signals when price breaks those levels.
Disclaimer:
This script is not a guarantee of success and should be used in conjunction with other technical analysis tools. Always perform additional research and backtesting before live trading.
Important Notes:
The pivot points and trendlines may adjust dynamically as the price evolves. Adjust the pivot settings to suit the volatility and timeframe of the market you're trading.
This indicator works best when combined with other indicators such as volume, RSI, or MACD for confirmation.
How to Use:
Add the indicator to your chart.
Adjust the Pivot Left and Pivot Right parameters to fine-tune the pivot point detection.
Monitor for trendline breakouts. When the price breaks above the resistance line, a BUY signal will appear. When the price breaks below the support line, a SELL signal will appear.
Use the signals to enter trades at the right moment.
Final Notes:
If you're submitting to TradingView for publishing, keep your description clear and informative, but also concise. Traders need to quickly understand how your indicator works, what parameters they can adjust, and how it might fit into their trading strategy.
Smart Money Concept Strategy - Uncle SamThis strategy combines concepts from two popular TradingView scripts:
Smart Money Concepts (SMC) : The strategy identifies key levels in the market (swing highs and lows) and draws trend lines to visualize potential breakouts. It uses volume analysis to gauge the strength of these breakouts.
Smart Money Breakouts : This part of the strategy incorporates the idea of "Smart Money" – institutional traders who often lead market movements. It looks for breakouts of established levels with significant volume, aiming to catch the beginning of new trends.
How the Strategy Works:
Identification of Key Levels: The script identifies swing highs and swing lows based on a user-defined lookback period. These levels are considered significant points where price has reversed in the past.
Drawing Trend Lines: Trend lines are drawn connecting these key levels, creating a visual representation of potential support and resistance zones.
Volume Analysis: The script analyzes the volume during the formation of these levels and during breakouts. Higher volume suggests stronger moves and increases the probability of a successful breakout.
Entry Conditions:
Long Entry: A long entry is triggered when the price breaks above a resistance line with significant volume, and the moving average trend filter (optional) is bullish.
Short Entry: A short entry is triggered when the price breaks below a support line with significant volume, and the moving average trend filter (optional) is bearish.
Exit Conditions:
Stop Loss: Customizable stop loss percentages are implemented to protect against adverse price movements.
Take Profit: Customizable take profit percentages are used to lock in profits.
Credits and Compliance:
This strategy is inspired by the concepts and code from "Smart Money Concepts (SMC) " and "Smart Money Breakouts ." I've adapted and combined elements of both scripts to create this strategy. Full credit is given to the original authors for their valuable contributions to the TradingView community.
To comply with TradingView's House Rules, I've made the following adjustments:
Clearly Stated Inspiration: The description explicitly mentions the original scripts and authors as the inspiration for this strategy.
No Direct Copying: The code has been modified and combined, not directly copied from the original scripts.
Educational Purpose: The primary purpose of this strategy is for learning and backtesting. It's not intended as financial advice.
Important Note:
This strategy is intended for educational and backtesting purposes only. It should not be used for live trading without thorough testing and understanding of the underlying concepts. Past performance is not indicative of future results.
WTI Crude Oil Lot Size Calculator by AdrianFx94Indicator on Trading Chart: Once you add this script to your trading chart (specifically a WTI Crude Oil chart), it appears as an indicator. This means it runs alongside the price data and other technical analysis tools you might be using.
Input Your Trading Parameters:
Balance (USD): You need to enter your trading account balance in USD. This is the amount of money you have in your account.
Risk Percentage (%): This is where you define the percentage of your account balance that you're willing to risk in a single trade. For example, if your account balance is $5000 and you set the risk percentage to 1%, you're willing to risk $50 on a trade.
Stop Loss Pip Size (Pip): Here, you enter the size of your stop loss in pips. A pip is a small measure of change in a currency pair in the forex market. In the context of WTI Crude Oil trading, it represents a small change in the price.
Automated Lot Size Calculation: Based on the inputs you provide, the script automatically calculates the lot size you should use for your trade. The calculation takes into account the balance you're willing to risk, the percentage of risk, and the stop loss size. This helps in managing risk by suggesting the amount of WTI Crude Oil you should trade (in lots) that aligns with your risk tolerance.
Display Results in a Table: The script generates a table displayed on the top right corner of your chart. This table shows:
Your entered balance (in USD).
The risk percentage you've set.
The calculated lot size, which indicates how many lots of WTI Crude Oil you can trade based on your risk management parameters.
Real-Time Updates: As this script is part of an indicator on your chart, it updates in real time. This means if your account balance changes or if you decide to adjust your risk parameters, you can re-enter these values, and the script will update the lot size accordingly.
This tool is particularly useful for WTI Crude Oil traders who follow strict risk management rules. By automating the calculation of the lot size, it saves time and helps in making informed and disciplined trading decisions.
Normalized Market IndicatorsExplanation of the Code:
Data Retrieval: The script retrieves the closing prices of the S&P 500 (sp500) and VIX (vix).
Normalization: The script normalizes these values using a simple z-score normalization (subtracting the 50-period simple moving average and dividing by the 50-period standard deviation). This makes the scales of the two datasets more comparable.
Plotting with Secondary Axis: The normalized values of the S&P 500 and VIX are plotted on the same chart. They will share the same y-axis scale as the main chart (e.g. Netflix, GOLD, Forex).
Points to Note:
Normalization Method: The method of normalization (z-score in this case) is a choice and can be adjusted based on your needs. The idea is to bring the data to a comparable scale.
Timeframe and Symbol Codes: Ensure the timeframe and symbol codes are appropriate for your data source and trading strategy.
Overlaying on Price Chart: Since these values are normalized and plotted on a seperate chart, they won't directly correspond to the price levels of the main chart (e.g. Netflix, GOLD, Forex).
Vertical and Horizontal Lines on given DatesThis simple indicator is to show the impact of given dates on the chart:
The dates need to be entered in a yyyy-MM-dd format, separated by comma (,) or space+comma ( ,).
The event can be shown on the chart with a vertical highlighting.
The midpoint of the price action that day can be shown as a vertical line.
Hint: If you load a lot of dates into it, best disable the "Indicator Arguments" in "Chart Settings" -> "Status line" to not have the chart littered with these date arguments.
REJHAMI decided to republish this one without the trend filter and with all the major symbols active. This will allow for all the patterns to show up.
Due to 15 different candlestick formations in this one script, it will be difficult to turn off the last few due to screen size. You can turn off individual patterns on the settings screen.
I have everything spelled out except the hammer and inverted hammer . They are "H" and "IH" respectively on the charts. They show up so often that they cluttered the charts.
The default script has: Doji , Evening Star , Morning Star , Shooting Star , Hammer , Inverted Hammer , Bearish Harami, Bullish Harami, Bearish Engulfing , Bullish Engulfing , Piercing Line, Bullish Belt, Bullish Kicker, Bearish Kicker, Hanging man , and Dark Cloud Cover. You can turn off what you don't like. The Piercing Line, Bullish Belt, and the Kickers will usually show up better in the daily charts .
I recommend watching videos with Stephen Bigalow to get a feel for how to trade these. You will want to add an 8 EMA to your chart with his setups. Enjoy.
Scalper SMA-RSI-MACD – Entry/Exit Signals v2Scalper SMA–RSI–MACD Strategy (Intraday) – Indicator Version
This is an intraday scalping and short-term trading tool designed for manual trading. It provides entry and exit signals based on a combination of trend, momentum, and volatility-based risk management.
Core Components
Trend Filter (Optional)
Uses an EMA (default 200) and an SMA ribbon (5/8/13) to identify the primary trend direction.
Only allows long trades in uptrend and short trades in downtrend (can be turned off for more signals).
Entry Conditions
RSI Pullback: Detects oversold (for long) or overbought (for short) conditions based on a short RSI (default length = 4).
MACD Momentum Turn: Detects bullish or bearish MACD crossovers or momentum shifts.
Both conditions must occur within a specified lookback period (default = last 3 bars).
Stop Loss (SL) Placement
SL is placed at a fixed multiple of the ATR (Average True Range) from the entry price (default = 1.5 × ATR).
Adjusting the multiplier changes how far the SL is placed.
Take Profit (TP) Levels
Two targets: TP1 and TP2, each based on R-multiples of the SL distance.
Default: TP1 = 1 × risk (1:1 R/R), TP2 = 2 × risk (1:2 R/R).
Exit Modes (Selectable)
TP1 or SL
TP2 or SL
Opposite signal (exit when the opposite entry condition appears)
Session Filter (Optional)
Can restrict trading signals to specific market hours (default off for more signals).
Signals and Alerts
Displays LONG and SHORT arrows for entries.
Plots SL and TP levels on the chart.
Marks exits as TP, SL, or opposite signal.
Built-in alertcondition() allows creating TradingView alerts for all entry and exit events.
Typical Usage
Works best on 1-minute to 5-minute charts for scalping; can be adapted to higher timeframes for swing trading.
Ideal for manual execution — the trader sees the signal, checks market conditions, and decides whether to enter.
Can be tuned for more or fewer signals by adjusting RSI thresholds, MACD lookback, and trend filter settings.
OBV Breakout Screener (By Tarso)1. Purpose of the Indicator
The "Advanced OBV Breakout Screener" is a specialized tool designed to find a powerful bullish signal. It scans for assets where buying pressure is increasing significantly, even though the price has not yet broken out.
The core strategy is to identify assets where:
Volume is leading Price: The On-Balance Volume (OBV) has already broken its recent high.
Price is still contained: The asset's price has not yet broken its recent high.
This setup helps you find potential trading opportunities right before a possible upward move.
2. How to Set Up the Indicator
First, you need to add the script to your TradingView account.
Open any chart on TradingView.
Click on the "Pine Editor" tab at the bottom of the screen.
Delete any existing code and paste the entire "Advanced OBV Breakout Screener" script into the editor.
Click "Add to chart". The indicator will now appear in a separate panel below your main price chart.
3. How to Use it with the Pine Screener (Step-by-Step)
This is the main purpose of the indicator. The script does all the complex analysis and provides a simple "1" (Signal is ON) or "0" (Signal is OFF). You only need to set up one filter.
Open the Stock Screener (or Crypto/Forex Screener).
Click the Filters button to open the settings panel.
Ensure you are on the Pine Screener tab (this allows you to filter using custom indicators).
In the indicator selection menu (it might say "Select Indicator..."), find and choose Advanced OBV Breakout Screener from your list.
Now, configure the single filter condition as follows:
In the first box, select Advanced Breakout Signal.
In the second box, select Equal to.
In the third box, select Number and type 1.
Your filter setup should look clean and simple, like this:
That's it! The screener will now display a list of all assets that currently meet the "Advanced Breakout" criteria for the timeframe you have selected (e.g., Daily, 4h, 1h).
4. Configuring the Lookback Period
By default, the indicator analyzes the last 20 periods. If you want to change this (for example, to scan for breakouts over 50 days), you must adjust it in the indicator's settings on your chart.
Go back to your chart view.
Find the "Advanced OBV Breakout Screener" panel.
Click the Settings icon (⚙️) next to the indicator's name.
In the "Inputs" tab, change the "Lookback Period (days)" to your desired value.
Click "OK".
The Pine Screener will automatically use this new setting for its market scan.
5. Understanding the On-Chart Visuals
When you add the indicator to your chart, you will see:
Blue Line: This is the On-Balance Volume (OBV).
Red Stepped Line: This represents the highest value the OBV has reached during the lookback period. A breakout happens when the blue line moves above this red line.
Green Triangle (▲): This symbol appears below a price candle whenever the full "Advanced Breakout" condition (OBV breakout + Price containment) is met, giving you a clear visual confirmation.
VG 1.0This script is an enhanced version of SMC Structures and FVG with an advanced JSON-based alert system designed for seamless integration with webhooks and external applications (such as a Swift iOS app).
What it does
It detects and plots on the chart:
Fair Value Gaps (FVG) — bullish and bearish.
Break of Structure (BOS) and Change of Character (CHOCH).
Key Fibonacci levels (0.786, 0.705, 0.618, 0.5, 0.382) based on the current structure.
Additionally, it generates custom alerts:
FVG Alerts:
When a new FVG is created (bullish or bearish).
When an existing FVG gets mitigated.
BOS & CHOCH Alerts:
Includes breakout direction (bullish or bearish).
Fibonacci Alerts:
When price touches a configured level, with adjustable tick tolerance.
Alerts can be:
Declarative (alertcondition) for manual setup inside TradingView.
Programmatic (alert() JSON) for automated webhook delivery to your system or mobile app.
Key Features
Optional close confirmation to filter out false signals.
Standardized JSON format for direct API or mobile app integration.
Webhook-ready for automated push notifications.
Full visual control with lines, boxes, and labels.
Configurable tick tolerance for Fibonacci “touch” detection.
Four Trading SessionsIve adapted this from someone else's script to include 4 sessions instead of 3
TradingView Indicator Description: Trading Sessions
Overview:
The "Trading Sessions" indicator, written in Pine Script v5, visually highlights major forex trading sessions (Tokyo, London, New York, and Sydney) on intraday charts. It displays session ranges as colored boxes, with optional open/close lines, average price lines, and labels showing session names, tick ranges, and average prices. Users can customize session times, time zones, colors, and display options.
Key Features:
Customizable Sessions: Supports up to four trading sessions (Tokyo, London, New York, Sydney) with user-defined names, time ranges, and time zones (e.g., "Asia/Tokyo", "America/New_York").
Visual Elements:
Draws semi-transparent boxes to mark session price ranges (high/low).
Optional dashed lines for session open and close prices.
Optional dotted line for the session's average price.
Labels displaying session name, tick range, and/or average price (configurable).
Time Zone Support: Specify time zones using IANA database names (e.g., "Australia/Sydney") or GMT notation, with a recommendation for IANA to handle daylight savings.
Display Options: Toggle session names, open/close lines, tick range, and average price visibility.
Intraday Restriction: Works only on intraday timeframes, with an error for daily/weekly/monthly charts.
Performance Optimized: Limits boxes, lines, and labels to 500 each to ensure smooth performance.
Inputs:
General Settings:
Show session names, open/close lines, tick range, and average price (all enabled by default).
Per Session (Tokyo, London, New York, Sydney):
Enable/disable session display.
Custom session name (e.g., "Tokyo").
Session time range (e.g., "0900-1500" for Tokyo).
Time zone (e.g., "Asia/Tokyo").
Session color (semi-transparent blue, orange, green, purple by default).
How It Works:
The script checks if the current bar falls within a session’s time range (adjusted for the specified time zone).
For each active session, it creates a box spanning the session’s high/low and updates it bar-by-bar.
Optional open/close lines and an average price line are drawn and updated dynamically.
Labels display user-selected metrics (name, range, average price) at the bottom of each session box.
Sessions reset daily, ensuring accurate representation across days.
Use Case:
Ideal for forex traders who want to analyze price action during specific trading sessions. The indicator helps identify session-specific volatility, key price levels, and trends, with clear visual cues and customizable settings.
Limitations:
Only works on intraday timeframes.
Limited to 500 boxes, lines, and labels to prevent performance issues.
Requires accurate time zone settings for proper session alignment.
Example:
Enable the Tokyo and New York sessions, set their respective time zones, and toggle on all display options to see colored boxes, open/close lines, average price lines, and labels with tick ranges and averages for each session.
Multi-Timeframe RSI Table# Multi-Timeframe RSI Table
## Overview
This indicator displays RSI (Relative Strength Index) values across multiple timeframes in a convenient table format, allowing traders to quickly assess momentum conditions across different time horizons without switching charts.
## Features
• *7 Timeframes*: 5m, 15m, 1h, 4h, Daily, Weekly, Monthly
• *Color-coded RSI Values*:
- 🔴 Red: Overbought (≥70)
- 🟢 Green: Oversold (≤30)
- 🟠 Orange: Bullish momentum (50-70)
- 🟡 Yellow: Bearish momentum (30-50)
• *Clean Table Display*: Positioned in top-right corner for easy viewing
• *Customizable Settings*: Adjustable RSI length and overbought/oversold levels
## How to Use
1. Add the indicator to your chart
2. The table automatically displays current RSI values for all timeframes
3. Use color coding to quickly identify:
- *Buying opportunities* when multiple timeframes show green (oversold)
- *Selling opportunities* when multiple timeframes show red (overbought)
- *Trend alignment* when higher timeframes match your trading direction
## Trading Applications
• *Multi-timeframe analysis*: Confirm signals across different time horizons
• *Entry timing*: Find optimal entry points when shorter timeframes align with longer trends
• *Risk management*: Avoid trades when higher timeframes show opposite momentum
• *Swing trading*: Identify when daily/weekly RSI supports your position direction
## Settings
• *RSI Length*: Default 14 periods (standard RSI calculation)
• *Overbought Level*: Default 70 (customizable)
• *Oversold Level*: Default 30 (customizable)
## Best Practices
• Look for alignment across multiple timeframes for stronger signals
• Use higher timeframe RSI to determine overall trend direction
• Combine with price action and support/resistance levels
• Avoid trading against strong momentum shown in higher timeframes
Perfect for day traders, swing traders, and anyone who needs quick multi-timeframe RSI analysis without constantly switching chart timeframes.
