CD_Average Daily Range Zones- highs and lows of the dayUses daily average ranges of 5 and 10 (most used) as buy (support) and highs (resistance) areas - half ranges used in calculations for a more accurate "forecast" of the H and L . Uses open but not close, so it does not repaint - experimental
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Open Daily LineThis will place circles on your chart for the opening daily price. If price is above, the circles are green. If price is below, the circles are red. I wanted to be able to see the opening price a bit easier while in smaller time frames.
Consecutive Candle CountAdaptation of www.fxcmapps.com from FXCM's Marketscope
Coded by David Rodriguez, Quantitative Strategist for DailyFX.com
Daily Close GAP Detector [Yosiet]User Manual for "Daily Close GAP Detector "
Overview
This script is designed to help traders identify and react to significant gaps in daily market prices. It plots daily open and close prices and highlights significant gaps with a cross. The script is particularly useful for identifying potential breakouts or reversals based on these gaps.
Configuration
GAP Close Threshold: This input allows you to set a threshold for the gap size that you consider significant. The default value is 0.001.
Timeframe Seeker: This input lets you choose the timeframe for the gap detection. The default is 'D' for daily.
Features
Daily Open and Close Lines: The script plots daily open and close prices. If the close price is lower than the open price, the line is colored red; otherwise, it's green.
Gap Detection: It calculates the difference between the current day's close and the previous day's close, both adjusted for the selected timeframe. If this difference exceeds the threshold, it's considered a significant gap.
Significant Gap Indicator: A cross is plotted on the chart to indicate significant gaps. The color of the cross indicates whether the gap is a short or long gap: red for short gaps and green for long gaps.
Alert Conditions: The script sets up alert conditions for short and long gap breakouts. You can customize the alert messages to include details like the ticker symbol, interval, price, and exchange.
How to Use
Add the Script to Your Chart: Copy the script into the Pine Script editor on TradingView and add it to your chart.
Configure Inputs: Adjust the "GAP Close Threshold" and "Timeframe Seeker" inputs as needed.
Review the Chart: The script will overlay daily open and close prices on your chart, along with crosses indicating significant gaps.
Set Alerts: Use the script's alert conditions to set up alerts for short and long gap breakouts. You can customize the alert messages to suit your trading strategy.
Extending the Code
To extend this script, you can modify the gap detection logic, add more indicators, or integrate it with other scripts for a more comprehensive trading strategy. Remember to test any changes thoroughly before using them in live trading.
Daily % Change MatrixThe "Daily % Change Matrix" is a powerful tool designed to visualize daily percentage changes in stock prices. This indicator helps traders analyze trends and volatility over time, enabling data-driven decisions.
Features
Change Calculation Options:
Choose between two methods:
Previous Close to Current Close: Calculates the percent change from the previous day's close to the current day's close.
Open to Close: Calculates the percent change from the current day's open to its close.
Customizable Table Display:
Size Options: Choose between Small, Normal, and Large.
Positioning: Place the table in any corner of the chart (Top Left, Top Right, Bottom Left, or Bottom Right).
Color Coding:
Green: Positive changes.
Red: Negative changes.
Grey: No data or negligible changes.
Table Details
Rows: Days of the month (1-31).
Columns: The last 13 months of data.
Dynamic Header: Automatically updates based on the selected calculation method.
Usage
Change your chart timeframe to Daily (D).
Configure the table's size and position via inputs.
Select the preferred calculation method.
Ideal For
Swing Traders: Identify monthly performance trends.
Analysts: Study long-term patterns across months.
Portfolio Managers: Gain insights into market behavior during specific periods.
Notes
Ensure the timeframe is set to Daily.
Use the table options to adjust for personal preference and chart space.
Contact
For any issues or suggestions, reach out to me.
Daily Number/Trend Reversal IndicatorIndicator identifies potential price trend exhaustion.
Compares this period against the 4th prior period for the condition.
9 periods (or more) with the same condition is an indicator that the trend is ending soon.
Daily Levels Suite + Market BreadthThere are many levels suites out there but many of them use the line series and/or label series to create multiple levels. Pine v5 provides the capability to use line arrays and labels so I wanted to create some code that is extensible to add additional lines/levels and labels to an array of lines with very little effort.
There is also some Market Breadth info that can be shown in the corners of the chart to allow a user to understand how the broader markets are moving compared to the security they are charting.
Current Levels provided are as follows:
Today's Open
Previous Days Close
Previous Days High/Low
Previous Days 50%
T+2 High/Low
All levels and the market breadth table is configurable to be hidden or shown based upon the user's desire.
Daily Session Windows background highlight indicatorIn intraday studies of stock indexes and Forex I have this weird habit of highlighting premarket, core session, lunch break and extended session with different backgrounds. If done by hand, this is tedious work that has to be repeated daily.
I think this feature should be built-in in TradingView. But it isn't.
For a few months now, I have been using this tiny indicator that does precisely that job. It saved me literally hours of focus time and mistakes. I have decided to revamp it and release it. I'm sure it can be useful to others.
Features:
Background color highlighting for premarket , core session , lunch hour and extended session of the trading day.
Session timing preset to match US session, but can be customized.
Can be enabled or disabled on a day of the week basis, including week-end.
Timezone is selectable, matches the chart's instrument but can be set independently to track a different timezone.
Not affected by the timezone you decided to assign to the chat's time scale.
Ready for stock indexes, but can be used to highlight Forex sessions too.
[Daily] CRT with OHLC Reference Here’s a breakdown of Daily CRT:
1. What is Daily CRT?
Daily CRT focuses on the price action of daily candles, treating them as ranges that can be broken or manipulated.
The theory suggests that certain candles on the daily chart form ranges that act as key levels for price expansion or reversal.
These ranges are not just simple support and resistance levels but are tied to the concept of liquidity draws, where price is likely to move towards areas where liquidity is concentrated (e.g., highs, lows, or key levels).
2. Key Components of Daily CRT
Ranging Candle: The first candle in the CRT setup establishes the range. This candle’s high and low become the key levels to watch.
Manipulation Candle: The second candle often manipulates the range by either breaking it or testing it. This is where turtle soup (false breakouts) can occur.
Distribution Candle: The third candle is where the price either confirms the breakout or reverses, leading to a potential expansion in the opposite direction.
3. How to Use Daily CRT
Identify the Range: On the daily chart, identify a candle that forms a clear range (high and low). This is your Ranging Candle.
Watch for Manipulation: The next candle (Manipulation Candle) will often test or break the range. If it breaks the range but then reverses back inside, it’s a turtle soup (false breakout), indicating a potential reversal.
Trade the Distribution: The third candle (Distribution Candle) is where you look for confirmation. If the price breaks the range and continues in the same direction, it’s a true breakout. If it reverses, it’s a false breakout, and you can trade the reversal.
4. Daily CRT and Key Levels
Daily CRT works best when combined with higher timeframe key levels (e.g., weekly or monthly highs/lows, order blocks, fair value gaps, etc.).
The daily candle ranges often align with these key levels, providing confluence for potential reversals or expansions.
5. Time Alignment in Daily CRT
Time is a critical factor in CRT. The PDF emphasizes that the highest probability CRT setups occur at specific times of the day or week.
For example, the purge (breakout or reversal) of a daily CRT often happens during key trading sessions (e.g., London open, New York open).
6. Practical Steps for Daily CRT
Determine the Draw on Liquidity: Use higher timeframe analysis (weekly or monthly) to identify where price is likely to move (e.g., towards a key level or liquidity pool).
Identify the Daily Range: On the daily chart, mark the high and low of the ranging candle.
Watch for Manipulation: Observe the next candle to see if it breaks the range or tests it. Look for signs of turtle soup (false breakouts).
Trade the Distribution: Once the third candle confirms the direction (either breakout or reversal), enter the trade with proper risk management.
7. Example of Daily CRT
Ranging Candle: On Monday, a daily candle forms a range between 1.1000 (low) and 1.1100 (high).
Manipulation Candle: On Tuesday, the price breaks below 1.1000 but then reverses back above it, forming a turtle soup (false breakout).
Distribution Candle: On Wednesday, the price confirms the reversal by breaking above 1.1100, signaling a potential bullish expansion.
8. Integration with Other Concepts
Daily CRT should not be used in isolation. It works best when combined with other ICT concepts like:
Market Profiles: Understanding whether the market is in a ranging, expansion, or reversal phase.
Orderflow: Identifying bullish or bearish orderflow to confirm the direction of the CRT.
Key Levels: Using higher timeframe key levels to add confluence to the CRT setup.
Time: Aligning the CRT with key times (e.g., London open, New York open) for higher probability setups.
9. Risk Management in Daily CRT
Always use proper risk management when trading CRT setups. The PDF suggests risking no more than 0.5% of your account per trade.
Use stop-losses and position sizing to protect your capital, especially since CRT setups can involve false breakouts (turtle soups).
10. Summary
Daily CRT is a powerful tool for identifying key levels and potential price expansions or reversals on the daily chart.
It involves analyzing three key candles: the Ranging Candle, the Manipulation Candle, and the Distribution Candle.
The theory is most effective when combined with higher timeframe key levels, market profiles, orderflow, and proper time alignment.
By mastering Daily CRT, you can improve your ability to predict market movements and frame high-probability trades.
Daily Weekly Monthly Highs & Lows - Alerts !
1. Purpose
The script helps traders:
• Visualize the high and low levels for the previous daily, weekly, and monthly periods.
• Receive alerts when the current price crosses these levels.
• Identify key support and resistance zones based on historical highs and lows.
2. Key Features
User Inputs
The script offers customization options through input parameters:
• Daily Levels:
• Enable/disable displaying daily levels (Show Daily Levels).
• Customize the color for daily level lines (Daily Line Color).
• Weekly Levels:
• Enable/disable displaying weekly levels (Show Weekly Levels).
• Customize the color for weekly level lines (Weekly Line Color).
• Monthly Levels:
• Enable/disable displaying monthly levels (Show Monthly Levels).
• Customize the color for monthly level lines (Monthly Line Color).
3. Core Functionality
Level Calculations
The script retrieves the previous daily, weekly, and monthly highs and lows using the request.security() function:
• Daily High/Low: Taken from the previous day’s high and low.
• Weekly High/Low: Taken from the previous week’s high and low.
• Monthly High/Low: Taken from the previous month’s high and low.
Price Crossing Detection
For each level (daily, weekly, monthly), the script checks if the current high or low price has crossed:
• The previous high (triggering a “High Reached” alert).
• The previous low (triggering a “Low Reached” alert).
4. Visual Features
The script plots lines to represent the previous highs and lows:
• Daily Levels:
• Dashed lines for the previous daily high and low.
• Configurable color (Daily Line Color).
• Weekly Levels:
• Dashed lines for the previous weekly high and low.
• Configurable color (Weekly Line Color).
• Monthly Levels:
• Dashed lines for the previous monthly high and low.
• Configurable color (Monthly Line Color).
These lines extend forward by one bar for better visibility on the chart.
5. Alert Features
The script provides alerts for when the price crosses these levels:
• Daily Alerts:
• “Daily High Reached” when the current price crosses the previous daily high.
• “Daily Low Reached” when the current price crosses the previous daily low.
• Weekly Alerts:
• “Weekly High Reached” when the current price crosses the previous weekly high.
• “Weekly Low Reached” when the current price crosses the previous weekly low.
• Monthly Alerts:
• “Monthly High Reached” when the current price crosses the previous monthly high.
• “Monthly Low Reached” when the current price crosses the previous monthly low.
6. Practical Use Case
This script is ideal for traders who:
• Use support and resistance levels from daily, weekly, and monthly timeframes as part of their strategy.
• Want to monitor price interactions with these levels in real-time.
• Need automatic alerts for key price movements without continuously monitoring the chart.
7. Limitations
• Max Line Count: TradingView limits the number of lines that can be drawn on the chart to max_lines_count = 500.
• No Historical Levels: The script only tracks the most recent daily, weekly, and monthly levels and does not display historical levels.
DAILY ATR LEVELSThis script is a custom technical indicator for use in TradingView, designed to display daily Average True Range (ATR) levels on the chart, along with the daily opening price. It provides a customizable way to track price levels relative to the daily ATR, which can be useful for traders looking for volatility-based price targets or ranges.
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Customization Options:
- Line Width: Determines the thickness of the plotted lines for the ATR levels and daily open line, ranging from 1 to 10.
- Right Offset (minutes): A time offset (in minutes) that shifts the end of the daily opening price line to the right for visual clarity.
- Line Style: The user can choose between solid, dashed, or dotted lines for all the plotted levels.
- Display Options: Users can toggle the visibility of the daily opening price line (showDayLevel), labels (showLabels), and ATR levels (showATRLevels).
- Colors: Customizable colors for the daily opening price line (dayLevelColor), labels (labelTextColor), and the ATR levels for both positive and negative values (atrLevelPlusColor and atrLevelMinusColor).
ATR Settings:
- ATR Length: Defines the number of periods (bars) to use when calculating the ATR. The default is 180, which corresponds to the ATR calculated on the daily chart using the last 180 bars.
- ATR Multiplier: Allows the user to scale the ATR levels by a multiplier (from 0.1 to 5.0), adjusting the sensitivity of the levels.
- ATR Levels: Users can toggle visibility for several predefined ATR levels, such as +25%, +50%, +75%, +100%, -25%, -50%, -75%, and -100%. These levels represent price points above or below the daily open based on the ATR.
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ATR Levels Calculation:
- The ATR is calculated based on the daily chart using the ta.atr() function with the specified ATR length, default is set at 180.
- The script computes multiple ATR levels above and below the daily open price, adjusting each level by 25%, 50%, 75%, and 100% of the ATR value (scaled by the ATR multiplier).
ATR Level Plotting:
- For each ATR level (positive and negative), a line is drawn across the chart at the corresponding price level.
- The color, line style, and width of these lines can be customized.
- Each ATR level also has an optional label showing the percentage level (e.g., "ATR +25%") at the specified price, which is positioned at the end of the line.
- The labels are removed from the previous bars to avoid clutter.
Workflow:
- The script first calculates the daily opening price using the request.security() function to pull the open price from the daily chart.
- It then calculates the ATR based on the selected length and multiplier.
- The start time for the daily open line is determined by the bar's timestamp at the start of the day, and the end time is adjusted using the user-defined right offset.
- After determining the relevant price levels (for the opening price and ATR levels), the script plots these levels on the chart as lines. It handles the drawing and deletion of lines to ensure that the chart remains updated in real time.
- If labels are enabled, text labels are displayed next to the ATR levels and the daily open line, providing clear markers for the user.
Practical Use:
- Volatility Analysis: This indicator is useful for identifying key price levels based on daily volatility (ATR). Traders can use it to set potential targets or support/resistance levels that are adjusted for volatility.
- Day Trading or Swing Trading: The daily opening price line helps traders quickly see where the price opened for the day, and the ATR levels give a dynamic range for the day's potential price movement.
Overall, this script is designed to provide a clear, customizable view of daily price levels in relation to the ATR, helping traders make informed decisions based on volatility and price action.
Daily Open & ATR Levels + Monthly/Weekly VWAP V2.0ore Functions:
Customisable ATR Levels
4 adjustable ATR percentage levels (default: 25%, 50%, 75%, 100%)
Creates 8 dynamic support/resistance lines around daily open price
Fully customisable from 0% to 200% in 5% increments
Anchored VWAP
Monthly VWAP: Resets at the beginning of each month
Weekly VWAP: Resets every Monday (after Friday close)
Toggle on/off for each VWAP independently
Smart Fill Zones
Weekly Fill: Highlights when Weekly VWAP is within Level 1 ATR range
Monthly Fill: Highlights when Monthly VWAP is within Level 2 ATR range
Customisable colors and transparency for each fill zone
Key Features:
Daily open price reference line (blue)
Step-line style for clean visualisation
Individual color controls for all levels
Works on any timeframe (uses daily ATR data)
Perfect for intraday and swing trading strategies
Use Cases:
Identify key support/resistance zones based on volatility
Spot VWAP convergence with ATR levels for potential reversals
Set profit targets and stop losses using ATR multiples
Analyze price action relative to daily open and volume-weighted averages
This indicator combines volatility-based levels with volume-weighted price analysis for comprehensive market structure visualisation.
Daily Distribution Range - Amplitude Probability DashboardSummary
This indicator provides a powerful statistical deep-dive into an asset's daily distribution range, amplitude and volatility. It moves beyond simple range indicators by calculating the historical probability of a trading day reaching certain amplitude levels.
The results are presented in a clean, interactive dashboard that highlights the current day's performance in real-time, allowing traders to instantly gauge if the current volatility is normal, unusually high, or unusually low compared to history.
This tool is designed to help traders answer a critical question: "Based on past behavior, what is the likelihood that today's range will be at least X%?"
Key Concepts Explained
1. Daily Amplitude (%)
The indicator first calculates the amplitude (or range) of every historical daily candle and expresses it as a percentage of that day's opening price.
Formula: (Daily High - Daily Low) / Daily Open * 100
This normalization allows for a consistent volatility comparison across different price levels and time periods.
2. Cumulative Probability Distribution
Instead of showing the probability of a day's final range falling into a small, exclusive bin (e.g., "exactly between 1.0% and 1.5%"), this indicator uses a cumulative model. It answers the question, "What is the probability that the daily range will be at least a certain value?"
For example, if the row for "≥ 2%" shows a probability of 12.22%, it means that historically, 12.22% of all trading days have had a total range of 2% or more. This is incredibly useful for risk management and setting realistic expectations.
Core Features
Statistical Dashboard: Presents all data in a clear, easy-to-read table on your chart.
Cumulative Probability Model: Instantly see the historical probability of the daily range reaching or exceeding key percentage levels.
Real-Time Highlight & Arrow (→): The dashboard isn't just historical. It actively tracks the current, unfinished day's amplitude and highlights the corresponding row with a color and an arrow (→). This provides immediate context for the current session's price action.
Timeframe Independent: You can use this indicator on any chart timeframe (e.g., 5-minute, 1-hour, 4-hour), and it will always fetch and calculate using the correct daily data.
Clean & Professional UI: Features a monospace font for perfect alignment and a simple, readable design.
Fully Customizable: Easily adjust the dashboard's position, text size, and the amount of historical data used for the analysis.
How to Use & Interpret the Data
This indicator is not a trading signal but a powerful tool for statistical context and decision-making.
Risk Management: If you see that an asset has only a 5% historical probability of moving more than 3% in a day, you can set stop-losses more intelligently and avoid being overly aggressive with your targets on a typical day.
Setting Profit Targets: Gauge realistic intra-day profit targets. If a stock is already up 2.5% and has historically only moved more than 3% on rare occasions, you might consider taking profits.
Options Trading: Volatility is paramount for options. This tool helps you visualize the expected range of movement, which can inform decisions on strike selection for strategies like iron condors or straddles.
Identifying Volatility Regimes: Quickly see if the current day is a "normal" low-volatility day or an "abnormal" high-volatility day that could signal a major market event or trend initiation.
Dashboard Breakdown
→ (Arrow): Points to the bin corresponding to the current, live day's amplitude.
Amplitude Level: The minimum amplitude threshold. The format "≥ 1.5%" means "greater than or equal to 1.5%".
Days Reaching Level: The raw number of historical days that had an amplitude equal to or greater than the level in the first column.
Prob. of Reaching Level (%): The percentage of total days that reached that amplitude level (Days Reaching Level / Total Days Analyzed).
Settings
Position: Choose where the dashboard appears on your chart.
Text Size: Adjust the font size for better readability on your screen resolution.
Max Historical Days to Analyze: Set the lookback period for the statistical analysis. A larger number provides a more robust statistical sample but may take slightly longer to load initially.
Enjoy this tool and use it to add a new layer of statistical depth to your trading analysis.
Daily Signal Alert**📄 English Description (English version)**
**Indicator Name:** Daily Signal Alert + Multi-Indicator Dashboard & Volume Profile
This all-in-one indicator combines multiple technical analysis tools into a single dashboard to help you read market movements easily and make better trading decisions.
It provides technical signals, key support/resistance levels, and a basic volume profile, along with a smart alert system.
**Included Indicators:**
1. **Exponential Moving Averages (EMA 9/20/50):**
* Shows current trend by comparing EMA9 & EMA20 with EMA50.
* Generates bullish and bearish crossover signals.
2. **MACD (12/26/9):**
* Generates bullish and bearish crossovers between MACD line and Signal line.
3. **Relative Strength Index (RSI 14):**
* Detects overbought (RSI > 70) and oversold (RSI < 30) conditions.
4. **Average Directional Index (ADX 14):**
* Measures trend strength and indicates if the trend is bullish or bearish.
5. **Candle Behavior (Squeeze):**
* Compares the current candle size with the previous one to detect momentum squeeze/expansion.
6. **Relative Volume (RVOL):**
* Shows if current volume is above or below average.
7. **Traditional Pivot Levels (Daily / Weekly / Monthly / Auto):**
* Displays key support and resistance levels.
8. **Approximate Volume Profile (POC / VAH / VAL):**
* Identifies Point of Control (POC) and Value Area range.
**Features:**
* Option to display all signals or only the latest one (removing old ones).
* Dashboard table summarizing indicator states with automatic coloring.
* Automatic alerts when any signal appears.
* Auto mode for pivot timeframe selection.
* Basic volume profile to highlight accumulation/distribution zones.
**How to Use:**
* Enable or disable “Show All Signals” depending on your trading style.
* Monitor the dashboard to quickly check indicator states.
* Use Pivot Levels & Volume Profile for key market zones.
* Enable alerts to get notified immediately after a candle closes.
**📄 Arabic Description (الوصف العربي)**
**اسم المؤشر:** Daily Signal Alert + Multi-Indicator Dashboard & Volume Profile
هذا المؤشر المتكامل يجمع بين عدة أدوات تحليل فني في لوحة واحدة، ليساعدك على قراءة حركة السوق بسهولة واتخاذ قرارات تداول أفضل.
المؤشر يعرض إشارات فنية، مستويات دعم ومقاومة، وجانب من تحليل حجم التداول، بالإضافة إلى نظام تنبيه ذكي.
**المؤشرات المدمجة:**
1. **المتوسطات المتحركة الأسية (EMA 9/20/50):**
* يعرض الاتجاه الحالي عبر مقارنة EMA9 و EMA20 مع EMA50.
* إشارات تقاطع صاعدة وهابطة.
2. **مؤشر الماكد (MACD 12/26/9):**
* يعطي إشارات تقاطع صاعدة وهابطة بين خط الماكد وخط الإشارة.
3. **مؤشر القوة النسبية (RSI 14):**
* يحدد حالات التشبع الشرائي (RSI > 70) والتشبع البيعي (RSI < 30).
4. **مؤشر الاتجاه المتوسط (ADX 14):**
* يقيس قوة الاتجاه مع تحديد إذا كان صاعداً أو هابطاً.
5. **سلوك الشموع (Squeeze):**
* يقارن حجم الشمعة الحالية مع السابقة لتحديد ضغط أو انفراج الحركة.
6. **حجم التداول النسبي (RVOL):**
* يحدد إذا كان حجم التداول أعلى أو أقل من المتوسط.
7. **مستويات Pivot التقليدية (Daily / Weekly / Monthly / Auto):**
* تعرض نقاط الدعم والمقاومة الرئيسية.
8. **بروفايل الحجم التقريبي (POC / VAH / VAL):**
* يحدد نقطة التحكم (POC) ومنطقة القيمة.
**المزايا:**
* عرض جميع الإشارات أو آخر إشارة فقط (مع حذف الإشارات القديمة).
* جدول ملخص لحالة كل مؤشر مع تلوين تلقائي.
* تنبيهات تلقائية عند ظهور أي إشارة فنية.
* دعم الوضع التلقائي لاختيار إطار مستويات الـ Pivot.
* عرض بروفايل حجم تداول تقريبي لمناطق التجميع/التوزيع.
**طريقة الاستخدام:**
* فعّل أو عطّل عرض جميع الإشارات حسب أسلوبك.
* راقب الجدول لمعرفة حالة المؤشرات لحظياً.
* استخدم مستويات الـ Pivot والبروفايل لتحديد مناطق الدعم والمقاومة.
* فعّل التنبيهات لتصلك الإشارات فور إغلاق الشمعة.
Daily ATR Range Lines x SmartBlackGirl📊 Daily ATR Range Lines – Project High/Low Targets with Precision
The Daily ATR Range Lines indicator uses the Average True Range (ATR) to project potential high and low price targets for the trading day. These levels reset daily and give traders a statistically based expectation of how far price is likely to move — perfect for intraday decision-making.
🔍 What It Does
Plots daily upper and lower target lines based on a multiple of the ATR (default: 1x ATR).
Levels are calculated after the first 15 minutes of market open to establish direction and volatility.
Highlights realistic price movement boundaries, helping traders identify take-profit or fade zones.
✅ Why Use It
Sets expectations for the day’s range — no more guessing how far price might go.
Helps avoid chasing trades late in the move by showing when price is already extended.
Great for scalping, options trading, or setting realistic price targets.
Can act as support/resistance zones throughout the day.
⚙️ Best Used With
Momentum strategies
Combine with volume confirmation or directional filters to increase accuracy.
Works best on 5-minute or 15-minute charts for intraday traders.
Daily Manipulation Probability Dashboard📜 Summary
Tired of getting stopped out on a "Judas Swing" just before the price moves in your intended direction? This indicator is designed to give you a statistical edge by quantifying the daily manipulation move.
The Daily Manipulation Probability Dashboard analyzes thousands of historical trading days to reveal the probability of the initial "stop-hunt" or "fakeout" move reaching certain percentage levels. It presents this data in a clean, intuitive dashboard right on your chart, helping you make more data-driven decisions about stop-loss placement and entry timing.
🧠 The Core Concept
The logic is simple but powerful. For every trading day, we measure two things:
Amplitude Above Open (AAO): The distance price travels up from the daily open (High - Open).
Amplitude Below Open (ABO): The distance price travels down from the daily open (Open - Low).
The indicator defines the "Manipulation" as the smaller of these two moves. The idea is that this smaller move often acts as a liquidity grab to trap traders before the day's primary, larger move ("Distribution") begins.
This tool focuses exclusively on providing deep statistical insight into this crucial manipulation phase.
🛠️ How to Use This Tool
This dashboard is designed to be a practical part of your daily analysis and trade planning.
1. Smarter Stop-Loss Placement
This is the primary use case. The "Prob. (%)" column tells you the historical chance of the manipulation move being at least a certain size.
Example: If the table shows that for EURUSD, the ≥ 0.25% level has a probability of 30%, you can flip this information: there is a 70% probability that the daily manipulation move will be less than 0.25%.
Action: Placing your stop-loss just beyond a level with a low probability gives you a statistically sound buffer against typical stop-hunts.
2. Entry Timing and Patience
The live arrow (→) shows you where the current day's manipulation falls.
Example: If the arrow is pointing at ≥ 0.10% and you know there is a high probability (e.g., 60%) of the manipulation reaching ≥ 0.20%, you might wait for a deeper pullback before entering, anticipating that the "Judas Swing" hasn't completed yet.
3. Assessing Daily Character
Quickly see if the current day's action is unusual. If the manipulation move is already in a very low probability zone (e.g., > 1.00%), it might indicate that your Bias is wrong, or signal a high-volatility day or a potential trend reversal.
📊 Understanding the Dashboard
Ticker: The top-right shows the current symbol you are analyzing.
→ (Arrow): Points to the row that corresponds to the current, live day's manipulation amplitude.
Manip. Level: The percentage threshold being analyzed (e.g., ≥ 0.20%).
Days Analyzed: The raw count of historical days where the manipulation move met or exceeded this level.
Prob. (%): The key statistic. The cumulative probability of the manipulation move being at least the size of the level.
⚙️ Settings
Position: Choose where you want the dashboard to appear on your chart.
Text Size: Adjust the font size for readability.
Max Historical Days to Analyze: Set the number of past daily candles to include in the statistical analysis. A larger number provides a more robust sample size.
I believe this tool provides a unique, data-driven edge for intraday traders across all markets (Forex, Crypto, Stocks, Indices). Your feedback and suggestions are highly welcome!
- @traderprimez
Daily ATR Stop Loss Buffer- Calculates Daily ATR: Uses the daily timeframe ATR (Average True Range) - a measure of price volatility
- Applies Your Buffer: Takes a percentage of that ATR that you set in the settings (e.g., 5% of daily ATR)
- Creates Stop Levels: Calculates where to place stop losses based on current price plus/minus your ATR buffer
Daily EMAs (8, 21 & 50) with BandDescription:
This script plots the Daily EMAs (8, 21, and 50) on any intraday or higher timeframe chart. It provides a clear, multi-timeframe view of market trends by using daily exponential moving averages (EMAs) and a dynamic visual band. I use this on the major indexes to decide if I should be mostly longing or shorting assets.
-In addition to identifying the trend structure, the 8-Day EMA often serves as a key area where buyers or sellers may become active, depending on the market direction:
-In an uptrend, the 8 EMA can act as a dynamic support zone, where buyers tend to re-enter on pullbacks.
-In a downtrend, the same EMA may act as resistance, where sellers become more aggressive.
-The script also includes a colored band between the 8 and 21 EMAs to highlight the short-term trend bias:
-Green fill = 8 EMA is above the 21 EMA (bullish structure).
Blue fill = 8 EMA is below the 21 EMA (bearish structure).
The 50-Day EMA is included to give additional context for intermediate-term trend direction.
Features:
- Daily EMA levels (8, 21, and 50) calculated regardless of current chart timeframe.
- 8 EMA acts as a potential buyer/seller zone based on trend direction.
- Color-coded band between 8 and 21 EMAs:
- Green = Bullish short-term bias
- Blue = Bearish short-term bias
- Customizable price source and EMA offset.
- Suitable for trend trading, pullback entries, and higher-timeframe confirmation.
Use Cases:
Identify key dynamic support/resistance areas using the 8 EMA.
Assess short-, medium-, and intermediate-term trend structure at a glance.
Enhance confluence for entry/exit signals on lower timeframes.
Daily Gain/Loss Statistics by Day of WeekDaily Gain/Loss Statistics by Day of Week
Overview
This Pine Script indicator analyzes historical price data to provide comprehensive day-of-week performance statistics, helping traders identify patterns and optimize their trading strategies based on which days historically perform better or worse.
Key Features
📊 Day-of-Week Analysis
7-day breakdown showing Monday through Sunday statistics
Average Gain % - Average percentage gains on winning days for each day of the week
Average Loss % - Average percentage losses on losing days (displayed with minus sign)
Median High % - Typical percentage move from open to daily high
Median Low % - Typical percentage move from open to daily low
🎯 Visual Performance Indicators
🚀 Rocket symbol - Marks the best performing day (highest average gains)
🔻 Red triangle down - Marks the worst performing day (lowest average gains)
Current day highlighting - Today's row highlighted in yellow (#ffdd444b)
⚡ Real-Time Session Tracking
Current Session row - Shows today's performance percentage in real-time
Color-coded gains/losses - Green for positive, red for negative
🎨 Professional Themes
⚙️ Customization Options
Date range selection - Choose specific time periods for analysis
Table positioning - 9 different screen positions
Table sizing - 6 size options from tiny to huge
Timeframe protection - Works only on 1D timeframe with user-friendly warnings
How It Works
Data Collection - Analyzes daily OHLC data within your selected date range
Day Classification - Categorizes each trading day by day of the week
Statistical Calculation - Computes averages and medians for each day type
Performance Ranking - Identifies best and worst performing days
Real-Time Display - Shows current session performance vs historical patterns
Trading Applications
Entry/Exit Timing - Identify optimal days for opening/closing positions
Risk Management - Avoid trading on historically poor-performing days
Strategy Optimization - Align trading strategies with day-of-week patterns
Market Timing - Understand weekly market cycles and seasonality
This indicator transforms raw price data into actionable intelligence, helping traders make more informed decisions based on proven historical day-of-week performance patterns.
Daily ADR TableDaily ADR Table Indicator
The Daily Average Daily Range (ADR) Table displays real-time volatility statistics directly on your chart. It shows both the current day's range and the historical average daily range as percentages of the current price, providing essential volatility metrics for trading decisions.
The indicator tracks today's range in real-time throughout the trading session using session-based calculations to ensure accuracy. It compares this against a customizable historical average (default 20 days, adjustable from 1-500 days) to help traders assess whether current volatility is above or below normal levels.
All values are displayed as percentages for easy comparison across different price levels and formatted to two decimal places for precision. The table position, text size, alignment, and colors are fully customizable with nine position options and professional default styling optimized for readability.
This indicator is valuable for day traders, swing traders, and market analysts who need to quickly assess current market volatility relative to historical norms. It assists in position sizing decisions, setting stop losses, and identifying potential breakout or consolidation scenarios based on range expansion or contraction.
Daily ATR Bonanza: Expected Moves - Tr33man Daily ATR Bonanza: Expected Moves
Overview 🤷♂️
The Daily ATR Bonanza script is a powerful trading tool designed to help traders visualize and understand potential price movements using the Average True Range (ATR). It provides daily and weekly ATR levels, historical statistics, and conditional probability analysis to give traders actionable insights. The script also plots the daily Keltner channel. This script is ideal for traders who want to gauge volatility, identify key levels, and make data-driven decisions.
b]Key Features:
📈 1. Daily and Weekly ATR Levels
🔵ATR Levels: The script calculates and displays ATR-based levels for the day and week. These levels are derived from the previous day's or week's close price and are adjusted using customizable multipliers (0.5x, 1x, and 1.5x by default).
🔵You can choose the number of ATR levels (1, 2, or 3) and adjust the multipliers to suit your trading strategy.
🌐 2. ATR Bands (Keltner Channels)
🔵The script includes an option to display ATR Bands, which are volatility-based envelopes around a moving average. These bands help identify overbought and oversold conditions.
🔵You can adjust the ATR multiplier and the length of the moving average used for the bands.
🧮 3. Historical Statistics and Conditional Probability
🔵 Historical Analysis: The script analyzes historical price movements to calculate the likelihood of closing at certain ATR levels.
🔵 Conditional Probability: This feature shows the probability of the price reaching specific ATR levels given the current market conditions. The conditional matches historical data by an open in the same opening ATR bucket, as well as the current price bucket having been visited in the historical case. Conditional probabilities are just statistics, and do not predict anything.
Data Table: 📚
🔵 Historical Close Probability: The percentage of days the price closed within each ATR level.
🔵 Conditional Close Probability: The likelihood of the price closing within each ATR level today.
❓ What is Conditional Probability? ❓
Conditional probability is a statistical measure that calculates the likelihood of an event occurring given that another event has already occurred. In this script, it is used to determine the probability of the price reaching specific ATR levels based on the current opening range as well as current ATR distance from the previous close.
For example:
If the market opens near the lower end of the first ATR level, the script calculates the likelihood of the price reaching the upper end of the first, second, or third ATR level.
This analysis is based on historical data, making it a powerful tool for understanding potential price movements.
🌟 Understanding the Levels
🔵Daily Levels: These are based on the previous day's close price and ATR. They are updated at the start of each new day.
🔵Weekly Levels: These are based on the previous week's close price and ATR. They are updated at the start of each new week.
🔵ATR Bands: These are dynamic levels that adjust with market volatility.
🔬 Analyze the Statistics (Daily only for now, no weekly yet)
🔵Use the interactive table to understand historical probabilities and conditional probabilities.
🔵Focus on the current opening range and the likelihood of reaching specific levels.
🧠 Make Trading Decisions
🔵Use the ATR levels and bands to identify key support and resistance levels.
🔵Use the conditional probability table to gauge the likelihood of reaching specific targets.
🔵Adjust your strategy based on the historical performance of the market.
Example Use Cases
1. Day Trading
Use the daily ATR levels to set intraday targets and stop-loss levels.
Monitor the conditional probability table to adjust your expectations based on the opening range.
2. Swing Trading
Use the weekly ATR levels to identify longer-term support and resistance levels.
3. Scalping
Use the ATR bands to identify overbought and oversold conditions.
Use the conditional probability table to quickly assess the likelihood of price movements.