Price & Volume Profile (Expo)█ Overview
The Price & Volume Profile provides a holistic perspective on market dynamics by simultaneously tracking price action and trading volume across a range of price levels. So it is not only a volume-based indicator but also a price-based one. In addition to illustrating volume distribution, it quantifies how frequently the price has fallen within a particular range, thus offering a holistic perspective on market dynamics.
This unique and comprehensive approach to market analysis by considering both price action and trading volume, two crucial dimensions of market activity. Its distinctive methodology offers several advantages:
Holistic Market View: By simultaneously tracking the frequency of specific price ranges (Price Profile) and the volume traded at those ranges (Volume Profile), this indicator provides a more complete picture of market behavior. It shows not only where the market is trading but also how much it's trading, reflecting both price acceptance levels and market participation intensity.
Point of Control (POC): The POC, as highlighted by this indicator, serves as a significant reference point for traders. It identifies the price level with the highest trading activity, thus indicating a strong consensus among market participants about the asset's fair value. Observing how price interacts with the POC can offer valuable insights into market sentiment and potential trend reversals.
Support and Resistance Levels: Price levels with high trading activity often act as support or resistance in future price movements. The indicator visually represents these levels, enabling traders to anticipate potential price reactions.
Price Profile
Price and Volume Profile
█ Calculations
The algorithm analyzes both trade frequency and volume across different price levels. It identifies these levels within the visible chart range, then examines each bar to determine if the selected price falls within these levels. If so, it increases a counter and adds the trading volume. This process repeats across the visible range and is visualized as a horizontal histogram, each bar representing a price level and the bar length reflecting trade frequency and volume. Additionally, it calculates the Point of Control (POC), signifying the price level with the highest activity.
In summary: The histogram presents a dual perspective - not only the traded volume at each price level but also the frequency of the price hitting each range. The longer the bar, the more times the price has frequented that specific range, revealing key insights into price behavior and acceptance levels. These frequently visited areas often emerge as strong support or resistance zones, helping traders navigate market movements.
Please note that the indicator adjusts to the visible price range, making it adaptable to changing market conditions. This dynamic analysis can provide more relevant and timely information than static indicators.
█ How to use
This indicator is beneficial for traders as it offers insights into the distribution of trading activity across different price levels. It helps identify key areas of support and resistance and gives a visual representation of market sentiment and liquidity.
The point of control (POC) , which is the price level with the highest traded volume or frequency count, becomes even more crucial in this context. It marks the price at which the most trading activity occurred, signaling a strong consensus among market participants about the asset's fair value. If the market price deviates significantly from the POC, it could suggest an overbought or oversold condition, potentially leading to a price reversion.
Fair Price Areas/gaps are specific price levels or zones where an asset has spent limited time in the past. These areas are considered interesting or significant because they may have an impact on future price action.
Similar to the concept of fair value gaps, which refers to discrepancies between an asset's market price and its estimated intrinsic value, Fair Price Areas/gaps focus on price levels that have been relatively underutilized in terms of trading activity. When an asset's price reaches a Fair Price Area/gap, traders and investors pay attention because they expect the price to react in some way. The rationale behind this concept is that price tends to gravitate towards areas where it has spent less time in the past, as the market perceives them as significant levels.
█ Settings
The indicator is customizable, allowing users to define the number of price levels (rows), the offset, the data source, and whether to display volume or frequency count. It also adjusts dynamically to the visible price range on the chart, ensuring that the analysis remains relevant and timely with changing market conditions.
Source: The price to use for the calculation. Typically, this is the closing price. By considering the user-selected Source (typically the closing price), the indicator determines the frequency with which the price lands within each designated price level (row) over the selected period. In essence, the indicator provides a count of bars where the Source price falls within each range, essentially creating a "Price Profile."
Row Size: The number of price levels (rows) to divide the visible price range into.
Display: Choose whether to display the number of bars ("Counter") or the total volume ("Volume") for each price level.
Offset: The distance of the histogram from the price chart.
Point of Control (POC): If enabled, the indicator will highlight the price level with the most activity.
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Disclaimer
The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
Cari dalam skrip untuk "fair value gap"
Displacement (Two FVGs)A simple indicator that attempts to identify displacement in price by alerting you when two simultaneous Fair Value Gaps (FVGs) occur.
When two fair value gaps occur, the indicator will print a green bar (if bullish) or a red bar (if bearish). If you right click on the indicator you can turn on alerts that will pop up every time a dual FVG occurs.
Fair Value Gaps are most commonly used amongst price action traders and are defined as instances in which there are inefficiencies, or imbalances, in the market.
The concept for this indicator is very simple. Apply it to your chart and enable alerts on the instruments and timeframe you trade. When you get an alert, it could indicate larger players getting involved.
This is NOT a trading strategy. Its intention is to save time by alerting you to large imbalances in price on the instruments you trade.
Gold Fair Value Gap Entry(FVG GOLD)This script calculates the fair value of gold, which is set as an input parameter. It then gets the current price of gold and calculates the gap between the price and the fair value. If the gap is positive, it enters a long trade, and if it's negative, it enters a short trade.
The script also uses proper risk management techniques by setting a stop loss and take profit for each trade. The plot() function is used to display the fair value and gap on the chart.
Please note that this is just an example script, and you should customize it based on your specific trading strategy and criteria. It's also important to backtest your strategy and refine it before using it with real money.
Balanced Price Range | Flux Charts💎 GENERAL OVERVIEW
Introducing our new Balanced Price Range (BPR) indicator! A Balanced Price Range is a trading concept used by price action traders. It is detected by finding overlapping area between two contrary Fair Value Gaps (FVGs). These areas can be used as entry points during market pullbacks. For more information about the process, please check the "HOW DOES IT WORK ?" section.
Balanced Price Range Features :
Balanced Price Range Detection : Identifies areas where bullish and bearish FVGs overlap, suggesting a zone of price equilibrium.
Customizable FVG & BPR Detection : You can fine-tune FVG detection and sensitivity for BPR detection to your liking.
Retest Labels : Bullish & Bearish retest labels will be rendered for BPRs.
Alerts : You can set alerts for Bullish & Bearish BPR detection and their retests.
🚩 UNIQUENESS
This indicator doesn't just detect standard FVGs but specifically looks for areas where bullish and bearish IFVGs (Invalidated Fair Value Gaps) overlap, defining a Balanced Price Range. It also actively manages and updates identified BPR zones, removing them when they are invalidated or remain untouched for a specified period. It highlights and alerts users to retests of established BPR zones, signaling potential trading opportunities. Users can tailor the appearance of the BPR zones and retest markers, as well as configure specific alerts for new BPR formations and retests.
📌 HOW DOES IT WORK ?
A Fair Value Gap generally occur when there is an imbalance in the market. They can be detected by specific formations within the chart. The indicator first detects bullish & bearish FVG zones according to their formations on chart. Then, they are dynamically tracked and flagged as invalidated if the price crosses them, turning them into IFVGs. When a FVG & IFVG of the same type overlaps, the indicator combines them into a single BPR of corresponding type. The detected BPR is updated as new data comes in, and renders retests labels as they occur. A bullish BPR can be used to find long trade entry opportunities, while a bearish BPR can be used to find short trade entry opportunities. Retests can also indicate potential movements in the corresponding direction of the BPR. Users can set-up alerts for BPR detection & BPR retests and will get notified as they occur.
⚙️ SETTINGS
Show Historic Zones: If enabled, invalidated or expired BPR zones will remain visible on the chart.
Balanced Price Range:
FVG Detection Method: Determines the criteria for the bar types forming the initial FVG.
Same: All three bars forming the FVG must be of the same type (all bullish or all bearish).
Mixed: The bar types must vary (a mix of bullish and bearish bars).
All: Bar types can vary or be the same.
FVG Invalidation Method: Determines which part of the candle (wick or close) invalidates the initial FVG.
BPR Invalidation Method: Determines which part of the candle (wick or close) invalidates the Balanced Price Range.
Sensitivity: Adjusts the sensitivity of FVG detection. Higher values may identify fewer, larger BPRs, while lower values may detect more, smaller BPRs.
Labels: Toggles the display of text labels on the identified zones.
Retests: Enables or disables the detection and visualization of BPR retests.
TR FVG & Swing High Low FinderTR FVG & Swing Level Finder
Overview:
The TR FVG & Swing Level Finder is a powerful Pine Script indicator designed for traders who want to identify Fair Value Gaps (FVGs) and Swing Highs/Lows on their charts. This indicator combines two essential technical analysis tools into one, helping traders spot potential areas of support, resistance, and trend reversals. FVGs are price gaps that often act as areas of interest for price to return to, while swing highs and lows help identify key turning points in the market. The indicator is highly customizable, allowing users to adjust colors, limits, and display options to suit their trading style.
Key Features:
1: Fair Value Gap (FVG) Detection:
- Identifies Bullish FVGs: Occur when the high of two candles ago is lower than the low of the current candle, indicating a potential upward price movement.
- Identifies Bearish FVGs: Occur when the low of two candles ago is higher than the high of the current candle, indicating a potential downward price movement.
- Displays FVGs as colored boxes on the chart, with customizable border and fill colors based on the timeframe.
- Labels each FVG box with the corresponding timeframe (e.g., "1m FVG", "1h FVG", "Daily FVG").
2: Swing High and Swing Low Detection:
- Detects Swing Highs: A 3-candle pattern where the middle candle's high is higher than the highs of the candles on either side.
- Detects Swing Lows: A 3-candle pattern where the middle candle's low is lower than the lows of the candles on either side.
- Draws a solid black line with 50% opacity at each swing high and low, extending 5 bars to the right for better visibility.
- Adds a small Swing High or Swing Low label at the right end of each line, colored according to user-defined settings.
3: Timeframe-Specific FVG Visualization:
- FVGs are color-coded based on the chart's timeframe, making it easy to distinguish between FVGs on different timeframes.
- Each timeframe has its own fill color for bullish and bearish FVGs, with adjustable transparency for better chart clarity.
- A dashed black line is drawn in the middle of each FVG box to highlight the midpoint of the gap.
4: Customizable Display Options:
- FVG Limit: Control the maximum number of FVGs displayed on the chart (from 1 to 20).
- Extend Options for FVG Boxes:
- "None": FVG boxes extend only 2 bars to the right.
- "Limited": FVG boxes extend a user-defined number of candles to the right (1 to 100 candles).
- "Default": FVG boxes extend 3 bars to the right of the current bar.
- Color Customization:
- Set border colors for bullish and bearish FVGs.
- Adjust fill colors for FVGs on different timeframes (1m, 5m, 15m, 30m, 1h, 4h, Daily, Weekly, Monthly).
- Customize the colors of swing high and swing low labels.
5: Performance Optimization:
- The indicator only plots FVGs and swings on the last confirmed bar (barstate.islastconfirmedhistory), ensuring efficient performance and reducing chart clutter.
- Limits the number of displayed FVGs and swings to the user-defined fvgLimit, keeping the chart clean and focused on the most recent price action.
6: Inputs and Customization:
- Number of FVGs to Show (fvgLimit): Set the maximum number of FVGs and swings to display (default: 3, range: 1 to 20).
- Bullish FVG Border Color (bullishColor): Choose the border color for bullish FVGs (default: green).
- Bearish FVG Border Color (bearishColor): Choose the border color for bearish FVGs (default: red).
- Swing High Color (swingHighColor): Set the color for swing high labels (default: blue).
- Swing Low Color (swingLowColor): Set the color for swing low labels (default: purple).
- Extend Options:
- Extend Option (extendOption): Choose how far FVG boxes extend to the right ("None", "Limited", or "Default"; default: "Default").
- Extend Candles (extendCandles): If "Limited" is selected, specify the number of candles to extend FVG boxes (default: 8, range: 1 to 100).
- Timeframe-Specific Fill Colors:
- Customize fill colors for bullish and bearish FVGs on various timeframes (1m, 5m, 15m, 30m, 1h, 4h, Daily, Weekly, Monthly).
- Each fill color has a default transparency (e.g., 93% for most timeframes, 90% for 30m), which can be adjusted as needed.
How to Use:
1: Add the Indicator to Your Chart:
- Open TradingView, go to the Pine Editor, and paste the script.
- Click "Add to Chart" to apply the indicator to your current chart.
2: Adjust Settings:
- Open the indicator settings by clicking the gear icon next to the indicator name on your chart.
- Modify the inputs to suit your preferences:
- Set the number of FVGs and swings to display.
- Choose your preferred colors for FVGs and swings.
- Adjust the extend options for FVG boxes.
3: Interpret the Indicator:
- FVG Boxes: Look for colored boxes on the chart, which represent Fair Value Gaps. Bullish FVGs (green borders by default) suggest potential buying opportunities, while bearish FVGs (red borders by default) suggest potential selling opportunities. The label inside each box indicates the timeframe of the FVG.
- Swing Highs and Lows: Identify key turning points with solid black lines (50% opacity) at swing highs and lows. Each line extends 5 bars to the right, with an "SH" (Swing High) or "SL" (Swing Low) label at the end. Swing highs can act as resistance levels, while swing lows can act as support levels.
4: Combine with Your Strategy:
- Use FVGs to identify areas where price might return to fill the gap, often acting as support or resistance.
- Use swing highs and lows to spot potential trend reversals or to set stop-loss and take-profit levels.
- Combine the indicator with other tools (e.g., trendlines, moving averages) for a more comprehensive trading strategy.
Notes:
- The indicator works on all timeframes, but the appearance of FVGs and swings will vary depending on the chart's timeframe.
- For best results, use the indicator on a clean chart to avoid visual clutter, especially if you increase the fvgLimit.
- The swing high/low lines are drawn with 50% opacity to ensure they don’t overpower other chart elements, but they are still clearly visible.
Author’s Note:
This script was developed to help traders identify key price levels with ease. I hope it adds value to your trading! If you have any feedback or suggestions for improvement, feel free to leave a comment. Happy trading!
FVG Positioning Average with 200EMA Auto Trading [Pakun]Description
Strategy Name and Purpose
FVG Positioning Average with 200EMA Auto Trading
This strategy uses Fair Value Gaps (FVG) combined with a 200-period Exponential Moving Average (EMA) and Average True Range (ATR) to generate trend-based trading signals. It is designed to help traders identify high-probability entry points by leveraging the gaps between fair value prices and current market prices.
Originality and Usefulness
This script combines multiple indicators to create a cohesive trading strategy that is greater than the sum of its parts. While FVG is a powerful tool on its own, combining it with the EMA and ATR adds layers of confirmation and risk management, enhancing its effectiveness. Here’s how the components work together:
Fair Value Gap (FVG): Identifies gaps in the market where price action has not fully filled, indicating potential reversal or continuation points.
200-period Exponential Moving Average (EMA): Acts as a trend filter to ensure trades are taken in the direction of the overall trend, improving the probability of success.
Average True Range (ATR): Used to filter out insignificant gaps and set dynamic stop-loss levels based on market volatility, enhancing risk management.
Entry Conditions
Long Entry
The close price crosses above the downtrend FVG.
The close price, FVG up average, and down average are all above the 200 EMA, indicating a strong bullish trend.
Short Entry
The close price crosses below the uptrend FVG.
The close price, FVG up average, and down average are all below the 200 EMA, indicating a strong bearish trend.
Exit Conditions
For long positions, the stop loss is set at the recent low, and the take profit is set at a point with a risk-reward ratio of 1:1.5.
For short positions, the stop loss is set at the recent high, and the take profit is set at a point with a risk-reward ratio of 1:1.5.
Risk Management
Account Size: 1,000,000 yen
Commission and Slippage: 2 pips commission and 1 pip slippage per trade
Risk per Trade: 10% of account equity
The stop loss is based on the recent low or recent high, ensuring trades are exited when the market moves against the position.
Settings Options
FVG Lookback: Set the lookback period for calculating FVGs.
Lookback Type: Choose the type of lookback (Bar Count or FVG Count).
ATR Multiplier: Set the multiplier for ATR to filter significant gaps.
EMA Period: Set the period for the EMA to adjust the trend filter sensitivity.
Show FVGs on Chart: Choose whether to display FVGs on the chart for visual confirmation.
Bullish/Bearish Color: Set the color for bullish and bearish FVGs to distinguish them easily.
Show Gradient Areas: Choose whether to display gradient areas to highlight the zones of interest.
Sufficient Sample Size
The strategy has been backtested with 113 trades, providing a sufficient sample size to evaluate its performance.
Notes
This strategy is based on historical data and does not guarantee future results.
Thoroughly backtest and validate results before using in live trading.
Market volatility and other external factors can affect performance and may not yield expected results.
Acknowledgment
This strategy uses the FVG Positioning Average Strategy indicator. Thanks to for their contribution.
Clean Chart Explanation
The script is published with a clean chart to ensure that its output is readily identifiable and easy to understand. No other scripts are included on the chart, and any drawings or images used are specifically to illustrate how the script works.
ICT Setup 01 [TradingFinder] FVG + Liquidity Sweeps/Hunt Alerts🔵 Introduction
The ICT (Inner Circle Trader) style of trading involves analyzing the behavior of market participants and market makers to identify areas where fake buy and sell activities occur. This trading style helps retail traders align with market maker behavior and avoid falling into market traps.
A key aspect of the ICT strategy is focusing on liquidity hunts. This involves searching for trading opportunities in areas of the market with low liquidity or where other traders have little activity. The ICT method leverages market inefficiencies and weaknesses, allowing traders to profit from small price movements that might go unnoticed by others.
In "ICT Setup 01," our focus is on these liquidity areas and stop hunts that form in Fair Value Gaps (FVGs). Trading within FVGs, combined with confirmations from "Hunts" and "Sweeps," can enhance trader performance.
🔵 How to Use
The presence of Fair Value Gaps (FVGs) in the market indicates rapid, powerful movements likely caused by the influx of smart money. When the price returns to these levels, a market reaction is expected.
Combining this with the complex and deceptive behavior of smart money—such as "Liquidity Sweeps" and "Stop Hunts"—forms an ICT-based price action setup that we expect to perform well.
Components of "ICT Setup 01" :
● Fair Value Gap (FVG)
● Premium and Discount
● Hunts / Sweeps
Whenever the price returns to an FVG area and reacts in such a way that only the wicks of the candles remain in the area and the candle bodies are outside the FVG, the first condition for creating the setup is met.
If subsequent candles hunt the wick that has penetrated the deepest into the FVG, a buy or sell signal is issued. In the format where hunting is based on Sweeps, penetrations that extend even outside the area are considered signals, provided they do not form a body within the area.
Additionally, a refining system exists for cases where a candle body forms in the area, optimizing the proximal levels of the FVG.
Bullish Setup :
Bearish Setup :
🔵 Features and Settings of "ICT Setup 01"
You can Find out more in Setting :
● FVG Detector Multiplier Factor
● FVG Validity Period
● Level in Low-Risk Zone
● Issuing Signals Method
● Number of Signals Allowed from a Zone
● Signal after Hunts/Sweeps
● How Many Hunts/Sweeps
● Show or Hide
● Alert Sender
FVG Detector Multiplier Factor :
This feature allows you to determine the size of the moves forming the FVGs based on the ATR (Average True Range). The default value is 1 to identify the majority of setups. You can increase this value according to the symbol and market you are trading in to achieve better results.
FVG Validity Period :
This shows the validity period of an FVG based on the number of candles. By default, an FVG area is valid for up to 15 candles. However, you can increase or decrease this period.
Level in Low-Risk Zone :
This feature helps reduce your risk. The method works by identifying the entire length of the three candles forming the FVG and dividing it into two equal areas. The upper area is "Premium," and the lower area is "Discount." To reduce risk, it is better for "Demand FVG" to be in the "Discount" and "Supply FVG" in the "Premium." This feature is off by default.
Issuing Signals Method :
This feature allows you to specify whether the hunt should occur only within the FVG area or if the wicks can extend outside the area.
If set to "Hunts," only signals where the wicks are within the area are issued, and the area loses its validity if the wicks extend outside.
In "Sweeps" mode, wicks can extend outside the area as long as they do not form a body within the area.
Number of Signals Allowed from a Zone :
This feature allows you to specify how many valid signals can be issued from one area.
Signal after Hunts/Sweeps :
In markets or symbols with a tendency for frequent stop hunts, this feature allows you to specify how many hunts should occur before you receive a signal to avoid receiving potentially failed signals.
How Many Hunts/Sweeps :
Enter the number of hunts you want to set for the "Signal after Hunts/Sweeps" feature here.
Show or Hide :
The number of setups formed may be very large, and displaying all of them on the chart can be distracting and messy. By default, only the last setup is displayed, but if you want to see all setups, you can turn on the relevant options.
Alert Sender :
You cannot constantly monitor multiple charts to identify trading opportunities. Using the alert sending feature can save time and improve performance.
Alerts Name : Customize the alert name to your preference.
Message Frequency : Determines the frequency of alert messages. Options include 'All' (triggers every time the function is called), 'Once Per Bar' (triggers only on the first call within the bar), and 'Once Per Bar Close' (triggers only on the final script execution of the real-time bar upon closure). The default is 'Once per Bar.'
Show Alert Time by Time Zone : Configure the alert messages to reflect any chosen time zone. For instance, input 'UTC+1' for London time. The default is 'UTC.'
By configuring these settings, traders can effectively utilize ICT setups to improve their trading strategies and outcomes.
TR FVG Finder 1.0TR FVG Finder 1.0 - Identify High-Probability Trading Zones
Unlock the power of Fair Value Gaps (FVGs) with this advanced TradingView indicator! Designed for traders seeking high-probability setups, the Fair Value Gap Detector identifies key price imbalances on your chart, helping you spot potential reversal and continuation zones with precision.
Key Features:
Accurate FVG Detection: Automatically detects bullish and bearish Fair Value Gaps based on a proven 3-candle pattern, highlighting areas where price is likely to return.
Customizable Display: Shows the most recent 3 FVGs by default (combined bullish and bearish), with an option to adjust the number of FVGs displayed.
Visual Clarity: Draws semi-transparent boxes (green for bullish FVGs, red for bearish FVGs) that extend 15 candles to the right, making it easy to track key levels.
Versatile for All Markets: Works on any timeframe and instrument—perfect for forex, stocks, crypto, and commodities like XAU/USD (gold).
User-Friendly: Simple to use with customizable settings, ideal for both beginner and experienced traders.
How It Works:
The indicator identifies FVGs by analyzing a 3-candle pattern:
- Bullish FVG: When the high of the candle two bars back is below the low of the current candle.
- Bearish FVG: When the low of the candle two bars back is above the high of the current candle. These gaps often act as magnets for price, making them powerful zones for trading strategies like breakouts, pullbacks, or reversals.
Why Use This Indicator?
- Enhance your technical analysis with a proven concept used by institutional traders.
- Spot high-probability trading opportunities with clear visual cues.
- Save time by automating FVG detection—no manual drawing required.
Best Practices:
- Use on lower timeframes (e.g., 15-minute or 1-hour) for more frequent FVGs, especially in volatile markets like forex or crypto.
- Combine with other indicators (e.g., support/resistance, volume) for confirmation.
- Ideal for strategies like ICT (Inner Circle Trader) concepts, Smart Money trading, and price action analysis.
Regards,
Trader Riaz
TJR SEEK AND DESTROYTJR SEEK AND DESTROY – Intraday ICT Trading Tool
Built for day traders, TJR SEEK AND DESTROY combines Smart Money concepts like order blocks, fair value gaps, and liquidity sweeps with structure breaks and daily bias to pinpoint high-probability trades during US market hours (9:30–16:00). Ideal for scalping or intraday strategies on stocks, futures, or forex.
What Makes It Unique?
Unlike standalone ICT indicators, this script integrates:
Order Blocks with volume and range filters for precise support/resistance zones.
Fair Value Gaps (FVG) to spot pre-market price imbalances.
Break of Structure (BOS) and Liquidity Sweeps for trend and reversal signals.
A 1H MA-based Bias to align trades with the day’s direction.
BUY/SELL Labels triggered only when bias, BOS, and sweeps align, reducing noise.
How Does It Work?
Order Blocks: Marks zones with high volume (>1.5x 20-period SMA) and low range (<0.5x ATR20) as teal boxes—potential reversal points.
Fair Value Gap: Compares the prior day’s close to the current open (pre- or post-9:30), shown as a purple line and label (e.g., "FVG: 0.005").
Pivot Point: Calculates (prevHigh + prevLow + prevClose) / 3 from the prior day, plotted as an orange line for equilibrium.
Break of Structure: Detects crossovers of 5-bar highs/lows (gray lines), marked with red triangles.
Liquidity Sweeps: Tracks breaches of the prior day’s high/low (yellow lines), marked with yellow triangles.
Daily Bias: Uses 1H close vs. 20-period MA (blue line) for bullish (green background), bearish (red), or neutral (gray) context.
Signals: BUY (green label) when bias is bullish, price breaks up, and sweeps the prior high; SELL (red label) when bias is bearish, price breaks down, and sweeps the prior low.
How to Use It
Setup: Apply to 1M–15M charts for US session trading (9:30–16:00 EST).
Trading:
Wait for a BUY label after a yellow sweep triangle above the prior day’s high in a green (bullish) background.
Wait for a SELL label after a yellow sweep triangle below the prior day’s low in a red (bearish) background.
Use order blocks (teal boxes) as support/resistance for stop-loss or take-profit.
Markets: Best for SPY, ES futures, or forex pairs with US session volatility.
Underlying Concepts
Order Blocks: High-volume, low-range bars suggest institutional activity.
FVG: Gaps between close and open indicate imbalance to be filled.
BOS & Sweeps: Price breaking key levels signals momentum or stop-hunting.
Bias: 1H MA filters trades by broader trend.
Chart Setup
Displays order blocks (teal boxes), pivot (orange), open (purple), bias (colored background), BOS/sweeps (triangles), and signals (labels). Keep other indicators off for clarity.
Enhanced London Session SMC SetupEnhanced London Session SMC Setup Indicator
This Pine Script-based indicator is designed for traders focusing on the London trading session, leveraging smart money concepts (SMC) to identify potential trading opportunities in the GBP/USD currency pair. The script uses multiple techniques such as Order Block Detection, Imbalance (Fair Value Gap) Analysis, Change of Character (CHoCH) detection, and Fibonacci retracement levels to aid in market structure analysis, providing a well-rounded approach to trade setups.
Features:
London Session Highlight:
The indicator visually marks the London trading session (from 08:00 AM to 04:00 PM UTC) on the chart using a blue background, signaling when the high-volume, high-impulse moves tend to occur, helping traders focus their analysis on this key session.
Order Block Detection:
Identifies significant impulse moves that may form order blocks (supply and demand zones). Order blocks are areas where institutions have executed large orders, often leading to price reversals or continuation. The indicator plots the high and low of these order blocks, providing key levels to monitor for potential entries.
Imbalance (Fair Value Gap) Detection:
Detects and highlights price imbalances or fair value gaps (FVG) where the market has moved too quickly, creating a gap in price action. These areas are often revisited by price, offering potential trade opportunities. The upper and lower bounds of the imbalance are visually marked for easy reference.
Change of Character (CHoCH) Detection:
This feature identifies potential trend reversals by detecting significant changes in market character. When the price action shifts from bullish to bearish or vice versa, a CHoCH signal is triggered, and the corresponding level is marked on the chart. This can help traders catch trend reversals at key levels.
Fibonacci Retracement Levels:
The script calculates and plots the key Fibonacci retracement levels (0.618 and 0.786 by default) based on the highest and lowest points over a user-defined swing lookback period. These levels are commonly used by traders to identify potential pullback zones where price may reverse or find support/resistance.
Directional Bias Based on Market Structure:
The indicator provides a market structure analysis by comparing the current highs and lows to the previous periods' highs and lows. This helps in identifying whether the market is in a bullish or bearish state, providing a clear directional bias for trade setups.
Alerts:
The indicator comes with built-in alert conditions to notify the trader when an order block, imbalance, CHoCH, or other significant price action event is detected, ensuring timely action can be taken.
Ideal Usage:
Timeframe: Suitable for intraday trading, particularly focusing on the London session (08:00 AM to 04:00 PM UTC).
Currency Pair: Specifically designed for GBP/USD but can be adapted to other pairs with similar market behavior.
Trading Strategy: Best used in conjunction with a price action strategy, focusing on the key levels identified (order blocks, FVG, CHoCH) and using Fibonacci retracement levels for precision entries.
Target Audience: Ideal for traders who follow smart money concepts (SMC) and are looking for a structured approach to identify high-probability setups during the London session.
Candle Range Theory | Flux Charts💎 GENERAL OVERVIEW
Introducing our new Candle Range Theory Indicator! This powerful tool offers a strategy built around the Candle Range Theory, which analyzes market movements through the relative size and structure of price candles. For more information about the process, check the "HOW DOES IT WORK" section.
Features of the new Candle Range Theory Indicator :
Implementation of the Candle Range Theory
FVG & Order Block Entry Methods
2 Different TP / SL Methods
Customizable Execution Settings
Customizable Backtesting Dashboard
Alerts for Buy, Sell, TP & SL Signals
📌 HOW DOES IT WORK ?
The Candle Range Theory (CRT) indicator operates by identifying significant price movements through the relative size and structure of candlesticks. A key part of the strategy is determining large candles based on their range compared to the Average True Range (ATR) in a higher timeframe. Once identified, a breakout of either the high wick or the low wick of the large candle is required. This breakout is considered a liquidity grab. After that, the indicator waits for confirmation through Fair Value Gaps (FVGs) or Order Blocks (OBs). The confirmation structure must be the opposite direction of the breakout, for example if the high wick is broken, a bearish FVG is required for the short entry. After a confirmation signal is received, the indicator will trigger entry points based on your chosen entry method (FVG or OB), and exit points will be calculated using either a dynamic ATR-based TP/SL method or fixed percentages. Alerts for Buy, Sell, Take-Proft, and Stop-Loss are available.
🚩 UNIQUENESS
This indicator stands out because it combines two highly effective entry methods: Fair Value Gaps (FVGs) and Order Blocks (OBs). You can choose between these strategies depending on market conditions. Additionally, the dynamic TP/SL system uses the ticker's volatility to automatically calculate stop-loss and take-profit targets. The backtesting dashboard provides metrics about the performance of the indicator. You can use it to tune the settings for best use in the current tiker. The Candle Range Theory approach offers more flexibility compared to traditional indicators, allowing for better customization and control based on your risk tolerance.
⚙️ SETTINGS
1. General Configuration
Higher Timeframe: Customize the higher timeframe for analysis. Recommended combinations include M15 -> H4, H4 -> Daily, Daily -> Weekly, and Weekly -> Monthly.
HTF Candle Size: Define the size of the higher timeframe candles as Big, Normal, or Small to filter valid setups based on their range relative to ATR.
Entry Mode: Choose between FVGs and Order Blocks for your entry triggers.
Require Retracement: Enable this option if you want a retracement to the FVG or OB for entry confirmation.
Show HTF Candle Lines: Toggle to display the higher timeframe candle lines for better visual clarity.
2. Fair Value Gaps
FVG Sensitivity: You may select between Low, Normal, High or Extreme FVG detection sensitivity. This will essentially determine the size of the spotted FVGs, with lower sensitivities resulting in spotting bigger FVGs, and higher sensitivities resulting in spotting all sizes of FVGs.
3. Order Blocks
Swing Length: Swing length is used when finding order block formations. Smaller values will result in finding smaller order blocks.
4. TP / SL
TP / SL Method:
a) Dynamic: The TP / SL zones will be auto-determined by the algorithm based on the Average True Range (ATR) of the current ticker.
b) Fixed : You can adjust the exact TP / SL ratios from the settings below.
Dynamic Risk: The risk you're willing to take if "Dynamic" TP / SL Method is selected. Higher risk usually means a better winrate at the cost of losing more if the strategy fails. This setting is has a crucial effect on the performance of the indicator, as different tickers may have different volatility so the indicator may have increased performance when this setting is correctly adjusted.
ICT Unicorn Model [LuxAlgo]The ICT Unicorn Model indicator highlights the presence of "unicorn" patterns on the user's chart which is derived from the lectures of "The Inner Circle Trader" (ICT) .
Detected patterns are followed by targets with a distance controlled by the user.
🔶 USAGE
At its core, the ICT Unicorn Model relies on two popular concepts, Fair Value Gaps and Breaker Blocks. This combination highlights a future area of support/resistance.
A Bullish Unicorn Pattern consists out of:
A Lower Low (LL), followed by a Higher High (HH)
A Fair Value Gap (FVG), overlapping the established Breaker Block
A successful re-test of the FVG which confirms the pattern.
A Bearish Unicorn Pattern consists of:
A Higher High (HH), followed by a Lower Low (LL)
A Fair Value Gap (FVG), overlapping the established Breaker Block
A successful re-test of the FVG which confirms the pattern
The pattern detection depends on detected swings, which can be controlled by the Swing setting. Using higher values of this setting will return longer-term breaker blocks.
🔹 Using Risk/Reward Targets
A confirmed Unicorn pattern will show a blue ( Target ) / grey ( Stop Loss) "Risk/Reward" areas (RR).
When the Stop Loss or Target is hit, a white line is shown on the concerned side.
The Risk/Reward ratio can be adjusted in the "Targets" settings.
🔹 Trailing Stop
As seen in the previous snapshots, besides the RR areas, this indicator also includes an optional Trailing Stop .
This can be helpful to lower your risk, by exiting earlier than if you would wait until the Stop Loss is hit.
This example shows a successful bullish and bearish Unicorn Pattern . In this scenario, the Trailing Stop could be used for partial Take Profit.
The goal of this publication is to show confirmed Unicorn Patterns . To increase the chance of success, it is important to evaluate the bigger picture & use this in confluence with your price action analysis. For example, look for potential areas of liquidity, consider this pattern only during certain market sessions, avoid trading during heavy impact news, &/or incorporate other aspects of technical analysis rather than just following this pattern blindly.
🔶 DETAILS
🔹 Combine
When disabled, all potential Unicorn Patterns will delete previous unconfirmed patterns:
Enabling Combine ensures the last Unicorn Patterns in the opposite direction will remain.
While the latter bullish pattern became invalid, another one formed.
The combination of the previous bearish pattern, and looking at the big picture, the bullish pattern did not have much chance to be successful.
While disabling 'combine' helps minimize clutter, enabling this feature can give a pattern more chance to hit the SL/Target level.
🔹 Mitigated FVG
Users can determine if a pattern becomes invalid due to a mitigated FVG, causing the pattern to be deleted.
🔹 New pattern detected
When a new pattern is detected, the previous unconfirmed pattern in the same direction (bullish - bullish or bearish - bearish) will be deleted. This will always be the case, whether "Combine' is enabled or disabled.
When the previous pattern was confirmed but no SL or Target level was hit, this pattern will stop updating.
🔶 SETTINGS
🔹 Unicorn
Swings: This sets the length of swings, used for the underlying ZigZag and Unicorn Patterns detection.
Bull: Enable/disable Bullish patterns, and set the color of FVG box and Trailing Stop .
Bear: Enable/disable Bearish patterns, and set the color of FVG box and Trailing Stop .
Combine: When enabled, patterns in opposite directions (bullish/bearish) can exist at the same time. disabling this feature tends to give less clutter. See the "Usage" section for more information.
🔹 Targets
Risk/Reward: Sets the Risk/Reward ratio.
Trailing Stop: Set the length of small swings, which is used for the Trailing Stop .
Inverse FVG with Rejections [TFO]This indicator is made to look for Inverse Fair Value Gaps (IFVGs) and show rejections from relevant areas. Fair Value Gaps (FVGs) are created when there is an energetic move that leaves a gap between the preceding and following candle's wicks. When that area is violated, we may consider that area as an Inverse FVG, treating it along the lines of a "support turned resistance" type setup with proper context.
Once a Fair Value Gap (FVG) is found with sufficient user-defined displacement, it is saved until price fully closes through that area, at which point it becomes an IFVG, which is also saved until price once again closes through that area.
Users can select a specific time period from which to look for and save FVGs, such as during the New York trading session in the following example.
Lastly, users can enable rejections that look for swing lows in bullish FVGs/IFVGs and swing highs in bearish FVGs/IFVGs. The following picture shows an instance of rejections from both regular and inverse FVGs, meaning the pivots were formed in a mutually shared area between a FVG and IFVG.
FVG OscillatorThe FVG Oscillator, developed by OmegaTools and available on TradingView, is a specialized analytical tool designed to offer traders insight into the market's potential direction through the lens of Fair Value Gaps (FVGs). This script combines traditional oscillator functionality with a unique focus on FVGs, providing a nuanced approach to understanding market dynamics.
Understanding FVGs and Their Importance:
Fair Value Gaps (FVGs) are identified when there's a discrepancy between the high price of one session and the low of the subsequent session (or vice versa), indicating areas where price movements have skipped over, creating a gap. These gaps often signal potential price movement areas, as markets may move to "fill" these gaps. The FVG Oscillator is designed to quantify these occurrences and their potential impact on market direction.
Key Features of the FVG Oscillator:
- Adjustable Lookback Period: Traders can set the number of bars back (defaulted at 50) to adjust the sensitivity of the oscillator to recent market activity.
- Visual Area Representation: The option to display areas of positive and negative FVG occurrences provides a visual representation of market sentiment over the selected period.
- Color Customisation: Users can personalize the oscillator's appearance with color selections for positive and negative movements, enhancing readability and analysis.
- Volume and ATR Confirmation: Incorporates volume data and Average True Range (ATR) filtering to verify FVG occurrences, adding a layer of validation to the identified gaps.
Operational Mechanism:
The oscillator tallies bullish FVG occurrences as positive values and bearish FVG occurrences as negative values over the specified lookback period. It then applies volume and ATR criteria to confirm the significance of these gaps. The final output is an oscillator line that reflects the net value of bullish versus bearish FVGs, alongside histograms that show the width (or significance) of long and short patterns based on confirmed FVGs.
How to Use the FVG Oscillator:
- After adding the FVG Oscillator to your TradingView chart, adjust the 'Bars Back' input to tailor the oscillator's sensitivity to your trading strategy.
- Use the net value line to gauge the overall market sentiment based on FVG occurrences; a higher net value suggests bullish sentiment, while a lower value indicates bearish sentiment.
- The histograms provide an additional layer of insight, highlighting the relative strength and significance of confirmed bullish and bearish FVGs.
Application in Trading:
The FVG Oscillator is intended as an analytical tool to complement your existing trading strategy. By offering a unique perspective on FVG occurrences and their potential market implications, the oscillator can help inform your trading decisions. However, traders are encouraged to combine this tool with other forms of analysis and employ sound risk management practices.
Originality and Usefulness:
This oscillator is original in its integration of FVG analysis with traditional oscillator metrics, offering traders a novel tool for market analysis. Its usefulness lies in its ability to provide a quantitative and visual representation of FVGs, aiding traders in identifying potential market movements.
Disclaimer:
It is important for traders to understand that the financial markets are inherently unpredictable, and the FVG Oscillator is not a predictive tool nor does it guarantee trading success. It should be used as part of a comprehensive trading strategy, incorporating additional market analysis and risk management practices. Remember, past performance does not necessarily predict future results, and trading involves risks, including the potential loss of capital.
cd_full_poi_CxOverview
This indicator tracks the price in 16 different time frames (optional) in order to answer the question of where the current price has reacted or will react.
It appears on the chart and in the report table when the price approaches or touches the fvg or mitigations (order block / supply-demand), the rules of which will be explained below.
In summary, it follows the fvg and mitigations in the higher timeframe than the lower timeframe.
Many traders see fvg or mitigates as an point of interest and see the high, low swept in those zones as a trading opportunity. Key levels, Session high/lows and Equal high and lows also point of interest.
If we summarise the description of the point of interest ;
1- Fair value gaps (FVG) (16 time frames)
2- Mitigation zones (16 time frames)
3- Previous week, day, H4, H1 high and low levels
4- Sessions zones (Asia, London and New York)
5- Equal high and low levels are in indicator display.
Details:
1- Fair Value Gaps : It is simply described as a price gap and consists of a series of 3 candles. The reaction of the price to the gap between the 1st and 3rd candle wicks is observed.
The indicator offers 3 options for marking. These are :
1-1- ‘Colours are unimportant’: candle colours are not considered for marking. Fvg formation is sufficient.(Classical)
1-2- ‘First candle opposite colour’ : when a price gap occurs, the first candle of a series of 3 candles must be opposite.
For bullish fvg : bearish - bullish - free
For Bearish fvg : bullish - bearish - free
1-3- ‘All same colour’ : all candles in a series of 3 candles must be the same direction.
For bullish fvg: bullish - bullish - bullish
For bearish fvg : bearish - bearish – bearish
Examples:
2- Mitigation zones: Opposite candles with a fvg in front of them or candles higher/lower than the previous and next candle and with the same colour as the fvg series are marked.
Examples :
3- Previous week, day, H4, H1 high and low levels
4- Sessions regions (Asia, London and New York)
5- Equal high and low levels:
Annotation: Many traders want to see a liquidity grab on the poi, then try to enter the trade with the appropriate method.
Among the indicators, there is also the indication of grabs/swepts that occur at swing points. It is also indicated when the area previously marked as equal high/low is violated (grab).
At the end, sample setups will be shown to give an idea about the use of the indicator.
Settings:
- The options to be displayed from the menu are selected by ticking.
- 1m, 2m, 3m, 5m, 5m, 10m, 15m, 30m, h1, h4, h4, h6, h8, h12, daily, weekly, monthly and quarterly, 16 time zones in total can be displayed.
- The ‘Collapse when the price touches mitigate’ tab controls whether to collapse the box as the price moves into the inner region of the mitigate. If not selected, the size of the mitigate does not change.
- ‘Approach limit =(ATR / n)’ tab controls how close the price is to the fvg or mitigate. Instant ATR(10) value is calculated by dividing by the entered ‘n’ value.
- All boxes and lines are automatically removed from the screen when the beyond is closed.
- Colour selections, table, text features are controlled from the menu.
- Sessions hours are set as standard hours, the user can select special time zones. Timezone is set to GMT-4.
- On the candle when the price touches fvg or mitigate, the timeframe information of the POI is shown in the report table together with the graphical representation.
The benefits and differences :
1- We can evaluate the factors we use for setup together.
2- We are aware of what awaits us in the high time frame in the following candles.
3- It offers the user the opportunity to be selective with different candle selection options in fvg selection.
4- Mitige areas are actually unmitige areas because they have a price gap in front of them. The market likes to retest these areas.
5- Equal high/low zones are the levels that the price creates to accumulate liquidity or fails to go beyond (especially during high volume hours). Failure or crossing of the level may give a reversal or continuation prediction.
Sample setup 1:
Sample setup 2:
Sample setup 3:
Cheerful trades…
Enjoy…
LRLR [TakingProphets]LRLR (Low Resistance Liquidity Run) Indicator
This indicator identifies potential liquidity runs in areas of low resistance, based on ICT (Inner Circle Trader) concepts. It specifically looks for a series of unmitigated swing highs in a downtrend that form without any bearish fair value gaps (FVGs) between them.
What is an LRLR?
- A Low Resistance Liquidity Run occurs when price creates a series of lower highs without any bearish fair value gaps in between
- The absence of bearish FVGs indicates there is no significant resistance in the area
- These formations often become targets for smart money to collect liquidity above the swing highs
How to Use the Indicator:
1. The indicator will draw a diagonal line connecting a series of qualifying swing highs
2. A small "LRLR" label appears to mark the pattern
3. These areas often become targets for future price moves, as they represent zones of accumulated liquidity with minimal resistance
Key Points:
- Minimum of 4 consecutive lower swing highs
- No bearish fair value gaps can exist between these swing highs
- The diagonal line helps visualize the liquidity run formation
- Can be used for trade planning and identifying potential reversal zones
Settings:
- Show Labels: Toggle the "LRLR" label visibility
- LRLR Line Color: Customize the appearance of the diagonal line
Best Practices:
1. Use in conjunction with other ICT concepts and market structure analysis
2. Pay attention to how price reacts when returning to these levels
3. Consider these areas as potential targets for smart money liquidity grabs
4. Most effective when used on higher timeframes (4H and above)
Note: This is an educational tool and should be used as part of a complete trading strategy, not in isolation.
FVG - NibzDescription: Fair Value Gap (FVG) Indicator - Nibz
This Pine Script identifies and visualizes Fair Value Gaps (FVGs) on your TradingView chart. FVGs are price inefficiencies left behind when the market moves too quickly, skipping price levels that might not be tested. These gaps often act as magnets, attracting price for potential reversals or continuations.
The script works by detecting upward (bullish) and downward (bearish) price imbalances based on specific candlestick criteria and then marks these zones on your chart using customizable shaded boxes. This tool is essential for traders looking to identify key areas of market inefficiency that could signify support/resistance levels, potential reversal zones, or areas to monitor for market rebalancing.
How It Works
1. Bullish FVG Detection
The script identifies an upward imbalance when:
The low of the candlestick two bars back is less than or equal to the open of the previous bar.
The high of the current candlestick is greater than or equal to the close of the previous bar.
When this condition is met and the size of the imbalance is greater than zero, a green box is drawn from the low of the second candlestick back to the high of the current candlestick.
2. Bearish FVG Detection
The script identifies a downward imbalance when:
The high of the candlestick two bars back is greater than or equal to the open of the previous bar.
The low of the current candlestick is less than or equal to the close of the previous bar.
When this condition is met and the size of the imbalance is greater than zero, a red box is drawn from the low of the current candlestick to the high of the second candlestick back.
Customization Options
This script is highly customizable, allowing you to tailor the appearance of the FVG boxes to suit your trading style and chart aesthetics:
Bullish FVG:
Fill color and transparency.
Border color and transparency.
Bearish FVG:
Fill color and transparency.
Border color and transparency.
The settings are user-friendly, with intuitive sliders for transparency and color pickers for customization.
How to Use the Indicator
Adding the Script:
Add the indicator to your chart, and it will automatically mark bullish (green) and bearish (red) FVGs.
Interpreting FVGs:
Bullish FVGs (green zones): These often act as support or areas of potential price rebalancing on retracement.
Bearish FVGs (red zones): These often act as resistance or areas of interest for short entries.
Trade Ideas:
Use FVG zones to confirm other trade signals or strategies.
Watch for price interaction with these zones to time entries and exits.
Key Features
Automated detection of Fair Value Gaps.
Customizable visual representation to match your chart preferences.
Enhances trading precision by identifying price inefficiencies.
Suitable for scalping, day trading, or swing trading strategies.
This script provides a powerful tool to highlight important price levels and inefficiencies in the market, enabling traders to make informed decisions. Whether you're using it as a standalone indicator or combining it with other tools, the 'FVG - Nibz' indicator is a valuable addition to any trader's toolkit!
FVG (ICT) with Swing LevelsThis indicator, called "Fair Value Gaps (ICT) with Swing Levels", overlays on the main chart and does the following:
Initial Setup:
It defines user-adjustable parameters:
lookback: Lookback period to keep FVGs visible.
swingPeriod: Period for calculating swing highs and lows.
bullColor and bearColor: Colors for bullish and bearish FVGs.
Fair Value Gaps (FVGs) Detection:
Uses a function to identify FVGs by comparing candle high and low prices.
A bullish FVG forms when the low of two candles ago is higher than the high of the current candle.
A bearish FVG forms when the high of two candles ago is lower than the low of the current candle.
Swing Levels Calculation:
Calculates swing highs and lows over the specified period.
These swing levels define the current market range.
Current Range Verification:
Implements a function to check if an FVG is within the range defined by swing levels.
This ensures only the most relevant FVGs for the current market situation are displayed.
FVG Drawing:
When it detects an FVG (bullish or bearish) within the current range, it draws a box on the chart.
Boxes extend from the bar where the FVG formed to the current bar.
Bullish FVGs are drawn in green and bearish in red (colors are customizable).
Old FVGs Management:
On each new bar, the indicator checks all existing FVG boxes.
It removes boxes that are outside the specified lookback period.
It also removes boxes that are no longer within the current range of swing levels.
Swing Levels Visualization:
Draws lines on the chart to show swing highs (in blue) and swing lows (in purple).
These lines help visualize the current market range.
Continuous Update:
The indicator updates on each new candle, constantly refreshing FVGs and swing levels.
In summary, this indicator identifies and visualizes Fair Value Gaps according to the ICT methodology, filtering them based on higher timeframe swing levels. This helps traders focus on the most significant FVGs within the current market context, reducing visual noise and potentially improving trading decision-making.
ICT KillZones Hunt [TradingFinder] 4 Sessions + OB + FVG + Alert🔵 Introduction
🟣 ICT
The "ICT" style is a subset of "Price Action" technical analysis. The primary goal of the ICT trading strategy is to merge "Price Action" with the "Smart Money" concept to pinpoint optimal trade entry points.
However, this approach's strength extends beyond merely finding entry points. It also helps traders gain a deeper understanding of price behavior and adapt their trading strategies to the market structure.
The most important concepts of "ICT" :
Order Block
Fair Value Gap(FVG)
Liquidity
🟣 Session
Financial markets are divided into several time periods, each featuring distinct characteristics and levels of activity. These periods, known as sessions, are active at different times during the day.
The primary active sessions in financial markets include :
Asian Session
European Session
New York Session
Based on the UTC time zone, the schedule for these key sessions is :
Asian Session: 23:00 to 06:00
European Session: 07:00 to 16:30
New York Session: 13:00 to 22:00
Note
To avoid session overlap and minimize interference during kill zones, the session times have been modified as follows :
Asian Session: 23:00 to 06:00
European Session: 07:00 to 14:25
New York Session: 14:30 to 22:55
🟣 KillZone
Kill zones are periods within a session where trader activity spikes. During these times, trading volume surges, and price movements become more pronounced.
The major kill zones, according to the UTC time zone, are as follows :
Asian Kill Zone: 23:00 to 03:55
European Kill Zone: 07:00 to 09:55
New York Morning Kill Zone: 14:30 to 16:55
New York Evening Kill Zone: 19:30 to 20:55
🔵 How to Use
🟣 Order Block
Order blocks are a distinct category of "Supply and Demand" zones, formed when a series of orders are grouped together. These blocks are often created by banks or other significant market participants.
Banks typically execute large orders in blocks during their trading sessions. If they were to enter the market with small quantities, substantial price movements would occur before the orders were fully executed, reducing potential profit.
To mitigate this, they divide their orders into smaller, more manageable positions. Traders should seek "buy" opportunities in "demand order blocks" and "sell" opportunities in "supply order blocks."
🟣 Fair Value Gap (FVG)
To pinpoint the "Fair Value Gap" on the chart, meticulous candle-by-candle analysis is essential. Pay close attention to candles with significant bodies, examining each candle alongside the one preceding it.
The candles flanking this central candle should exhibit elongated shadows, with bodies that do not intersect the body of the central candle. The span between the shadows of the first and third candles is referred to as the FVG range.
Note :
The origin of all Order Blocks and FVGs starts from inside a kill zone and extends up to the end of the same session.
🟣 Kill Zone Hunt
Following this strategy, after the conclusion of the kill zone and the stabilization of its high and low lines, if the price touches either of these lines within the same session and encounters a robust rejection, it presents an opportunity to enter a trade.
🔵 Setting
🟣 Global Setting
Show All Order Block :
If it is turned off, only the last Order Block will be displayed.
Show All FVG :
If it is turned off, only the last FVG will be displayed.
Show More Info Session :
If it is turned on, more information about kill zones (Trade Volume, Time, Number of Candles) will be displayed.
🟣 Logic Parameter
Pivot Period of Order Blocks Detector :
Enter the desired pivot period to identify the Order Block.
Order Block Validity Period (Bar) :
You can specify the maximum time the Order Block remains valid based on the number of candles from the origin.
Mitigation Level Order Block :
Determining the basic level of a block order. When the price hits the basic level, the order block due to mitigation.
🟣 Order Blocks Display
Demand Order Block :
Show or not show and specify color.
Supply order Block :
Show or not show and specify color.
🟣 Order Block Refinement
Refine Demand OB :
Enable or disable the refinement feature. Mode selection.
Refine Supply OB :
Enable or disable the refinement feature. Mode selection.
🟣 FVG
FVG Validity Period (Bar) :
You can specify the maximum time the FVG remains valid based on the number of candles from the origin.
Mitigation Level FVG :
Determining the basic level of a FVG. When the price hits the basic level, the FVG due to mitigation.
Show Demand FVG :
Show or not show and specify color.
Show Supply FVG :
Show or not show and specify color.
FVG Filter :
Enable or disable filtering of FVGs. Select filter mode.
🟣 Session
Show More Info Session Color
Asia Session, London Sesseion, New York am Session & New York pm Session :
Show or not show session and kill zones. Change the display color.
🟣 Alert
Send Alert When Touched Session high & Low :
On / Off
Alert Demand OB Mitigation :
On / Off
Alert Supply OB Mitigation :
On / Off
Alert Demand FVG Mitigation :
On / Off
Alert Supply FVG Mitigation :
On / Off
Message Frequency :
This string parameter defines the announcement frequency. Choices include: "All" (activates the alert every time the function is called), "Once Per Bar" (activates the alert only on the first call within the bar), and "Once Per Bar Close" (the alert is activated only by a call at the last script execution of the real-time bar upon closing). The default setting is "Once per Bar".
Show Alert Time by Time Zone :
The date, hour, and minute you receive in alert messages can be based on any time zone you choose. For example, if you want New York time, you should enter "UTC-4". This input is set to the time zone "UTC" by default.
Display More Info :
Displays information about the price range of the order blocks (Zone Price) and the date, hour, and minute under "Display More Info". If you do not want this information to appear in the received message along with the alert, you should set it to "Off".
TrendFriendOverview
TrendFriend (TF) combines various technical analysis components, including trend calculations, moving averages, RSI signals, and Fair Value Gaps (FVG) detection to determine trend reversal and continuation points. The FVG feature identifies potential consolidation periods and displays mitigation levels.
Features
Trend Analysis: Utilizes short and long-term Running Moving Averages (RMA) to identify trends.
Average True Range (ATR): Plots ATR to depict market volatility.
RSI Signals: Calculates RSI and provides buy/sell signals based on RSI conditions.
Fair Value Gaps (FVG): Detects FVG patterns and offers options for customization, including dynamic FVG, mitigation levels, and auto threshold.
Usage
Buy Signals: Generated based on pullback conditions, contra-buy signals, and crossovers of specified moving averages.
Sell Signals: Generated based on pullback conditions, contra-sell signals, and crossunders of specified moving averages.
Visualization: FVG areas are visually represented on the chart, and unmitigated levels can be displayed.
Configuration
Adjustable parameters for trend periods, ATR length, RSI settings, FVG threshold, and display preferences.
Dynamic FVG detection and mitigation level visualization can be enabled/disabled.
Usage Example
Trend Analysis: Identify trends with short and long-term moving averages.
RSI Signals: Interpret RSI signals for potential reversals.
FVG Detection: Visualize Fair Value Gaps and mitigation levels on the chart.
Buy/Sell Signals: Receive alerts for buy/sell signals based on specified conditions.
Disclaimer
This Pine Script code is subject to the terms of the Mozilla Public License 2.0. Use this code at your own risk, and always conduct additional analysis before making trading decisions.
Author
Author: devoperator84
License: Mozilla Public License 2.0
Order blocksHi all!
This indicator will show you found order blocks that can be used as supply or demand. It's my take on trying to create good order blocks and I hope it makes sense.
First off I suggest to verify the current trend before using an order block. This can be done in a variety of ways, one way could be to use my other script "Market structure" () which I use and suggest.
You can configure the indicator to behave differently depending on settings. These are the settings available:
• The order blocks created can be found in any higher timeframe defined in "Timeframe"
• The number of active order blocks are defined in "Count". If an order block is found the earliest order block will be replaced
• You can choose the type of order blocks that are found ("Bullish", "Bearish " or "Both") in "Type"
• The old order blocks can be kept if "Keep history" is checked
• Order blocks that are found are not removed when mitigated (entered) but when a new one appears. They can be removed when they are broken by price if "Remove broken zones" are checked
There is also a setting section called "Requirements" that defines what is required for an order block to be created. These are the settings:
• "Take out"
Check this if you want the base of the order block (the candle where the zone is drawn from (high and low)) to have to take out the previous candle (be higher or lower depending if the order block is bullish or bearish).
• "Consecutive rising/falling"
Each following candle in the reaction (the 3 reaction candles) needs to reach higher or lower (depending on bullish or bearish). Check this if you want that to be true.
• "Reaction"
Some sort of reaction is needed from the 3 candles creating the order block. This reaction is based on the value of the Average True Length (ATR) of length 14. You can here define a factor of the value from the ATR that these 3 candles needs to move in price. A higher need for a reaction (higher factor of the ATR) will create lesser zones. You can also choose to show this limit with the checkbox.
• "Fair Value Gap"
The reaction needs to create a gap (imbalance) in price. This gap is known as a "Fair Value Gap" and is created when the last candle's wick does not meet with the base candle's wick. Check this if you want this to be needed.
After these settings you can also choose the colors of the created zones. The ones that are active (called "Zones"), the ones that are replaced ("Replaced zones") and the ones that are broken ("Broken zones") (if this is enabled in "Remove broken zones").
I'm using my library "Touched" to be able to show you labels when the order blocks have a retest, false breakout and breakout. These labels can be hidden if you disable the labels under the style tab in the indicator settings.
The concept of order blocks is widely used among traders and can provide you with good supply or demand zones. I hope that this indicator makes sense.
My todo-list has a few things, but top of that list is adding alerts for zone interactions or creations. Please feel free to say what you want to be coded!
The order blocks in the publication chart are found in weekly timeframe but are shown on the daily timeframe. Other than that the image shows you zones from the default settings (which are based on the daily timeframe).
Best of luck trading!
ICT Concept [TradingFinder] Order Block | FVG | Liquidity Sweeps🔵 Introduction
The "ICT" style is one of the subsets of "Price Action" technical analysis. ICT is a method created by "Michael Huddleston", a professional forex trader and experienced mentor. The acronym ICT stands for "Inner Circle Trader".
The main objective of the ICT trading strategy is to combine "Price Action" and the concept of "Smart Money" to identify optimal entry points into trades. However, finding suitable entry points is not the only strength of this approach. With the ICT style, traders can better understand price behavior and adapt their trading approach to market structure accordingly.
Numerous concepts are discussed in this style, but the key practical concepts for trading in financial markets include "Order Block," "Liquidity," and "FVG".
🔵 How to Use
🟣Order Block
Order blocks are a specific type of "Supply and Demand" zones formed when a series of orders are placed in a block. These orders could be created by banks or other major players. Banks typically execute large orders in blocks during their trading sessions. If they were to enter the market directly with a small quantity, significant price movements would occur before the orders are fully executed, resulting in less profit. To avoid this, they divide their orders into smaller, manageable positions. Traders should look for "buy" opportunities in "demand order blocks" areas and "sell" opportunities in "supply order blocks".
🟣Liquidity
These levels are where traders aim to exit their trades. "Market Makers" or smart money usually collects or distributes their trading positions near levels where many retail traders have placed their "Stop Loss" orders. When the liquidity resulting from these losses is collected, the price often reverses direction.
A "Stop Hunt" is a move designed to neutralize liquidity generated by triggered stop losses. Banks often use significant news events to trigger stop hunts and acquire the liquidity released in the market. If, for example, they intend to execute heavy buy orders, they encourage others to sell through stop hunts.
As a result, if there is liquidity in the market before reaching the order block region, the credibility of that order block is higher. Conversely, if liquidity is near the order block, meaning the price reaches the order block before reaching the liquidity area, the credibility of that order block is lower.
🟣FVG (Fair Value Gap)
To identify the "Fair Value Gap" on the chart, one must analyze candle by candle. Focus on candles with large bodies, examining one candle and the one before it. The candles before and after this central candle should have long shadows, and their bodies should not overlap with the body of the central candle. The distance between the shadows of the first and third candles is called the FVG range.
These zone function in two ways :
•Supply and Demand zone: In this case, the price reacts to these zone, and its trend reverses.
•Liquidity zone: In this scenario, the price "fills" the zone and then reaches the order block.
Important Note: In most cases, FVG zone with very small width act as supply and demand zone, while zone with a significant width act as liquidity zone, absorbing the price.
🔵 Setting
🟣Order Block
Refine Order Block : When the option for refining order blocks is Off, the supply and demand zones encompass the entire length of the order block (from Low to High) in their standard state and remain unaltered. On the option for refining order blocks triggers the improvement of supply and demand zones using the error correction algorithm.
Refine Type : The enhancement of order blocks via the error correction algorithm can be executed through two methods: Defensive and Aggressive. In the Aggressive approach, the widest possible range is taken into account for order blocks.
Show High Levels : If major high levels are to be displayed, set the option for showing high level to Yes.
Show Low Levels : If major low levels are to be displayed, set the option for showing low level to Yes.
Show Last Support : If showing the last support is desired, set the option for showing last support to Yes.
Show Last Resistance : If showing the last resistance is desired, set the option for showing last resistance to Yes.
🟣 FVG
FVG Filter : When FVG filtering is activated, the number of FVG areas undergoes filtration based on the specified algorithm.
FVG Filter Types :
1. Very Aggressive : Apart from the initial condition, an additional condition is introduced. For an upward FVG, the maximum price of the last candle should exceed the maximum price of the middle candle. Similarly, for a downward FVG, the minimum price of the last candle should be lower than the minimum price of the middle candle. This mode eliminates a minimal number of FVGs.
2. Aggressive : In addition to the conditions of the Very Aggressive mode, this mode considers the size of the middle candle; it should not be small. Consequently, a larger number of FVGs are eliminated in this mode.
3. Defensive : Alongside the conditions of the Very Aggressive mode, this mode takes into account the size of the middle candle, which should be relatively large with the majority of it comprising the body. Furthermore, to identify upward FVGs, the second and third candles must be positive, whereas for downward FVGs, the second and third candles must be negative. This mode filters out a considerable number of FVGs, retaining only those of suitable quality.
4. Very Defensive : In addition to the conditions of the Defensive mode, the first and third candles should not be very small-bodied doji candles. This mode filters out the majority of FVGs, leaving only the highest quality ones. Show Demand FVG: Enables the display of demand-related boxes, which can be toggled between off and on. Show Supply FVG: Enables the display of supply-related boxes along the path, which can also be toggled between off and on.
🟣 Liquidity
Statics Liquidity Line Sensitivity : A value ranging from 0 to 0.4. Increasing this value reduces the sensitivity of the "Statics Liquidity Line Detection" function and increases the number of identified lines. The default value is 0.3.
Dynamics Liquidity Line Sensitivity : A value ranging from 0.4 to 1.95. Increasing this value enhances the sensitivity of the "Dynamics Liquidity Line Detection" function and decreases the number of identified lines. The default value is 1.
Statics Period Pivot : Default value is set to 8. By adjusting this value, you can specify the period for static liquidity line pivots.
Dynamics Period Pivot : Default value is set to 3. By adjusting this value, you can specify the period for dynamic liquidity line pivots.
You can activate or deactivate liquidity lines as necessary using the buttons labeled "Show Statics High Liquidity Line," "Show Statics Low Liquidity Line," "Show Dynamics High Liquidity Line," and "Show Dynamics Low Liquidity Line".
FVG Breakout Lite by tradingbauhausExplanation of "FVG Breakout Lite by tradingbauhaus"
This script is a trading strategy built for TradingView that helps you spot and trade "Fair Value Gaps" (FVGs)—price areas where the market moved quickly, leaving a gap that might act as support or resistance later. It’s designed to catch breakout opportunities when the price moves strongly in one direction, with extra filters to make trades more reliable. Here’s how it works and how you can use it:
What It Does
1. Finds Fair Value Gaps (FVGs):
A "Bullish FVG" happens when the price jumps up quickly, leaving a gap below where it didn’t trade much (e.g., today’s low is higher than the high from two bars ago).
A "Bearish FVG" is the opposite: the price drops fast, leaving a gap above (e.g., today’s high is lower than the low from two bars ago).
The script draws colored boxes on your chart to show these gaps: green for bullish, red for bearish.
2. Spots Breakouts:
It looks for "strong" FVGs by comparing them to a trend (based on the highest highs and lowest lows over a set period).
If a bullish gap forms above the recent highs, or a bearish gap below the recent lows, it’s marked as a breakout opportunity.
3. Adds a Volume Check:
Trades only happen if the market’s volume is higher than usual (e.g., 1.2x the average volume over the last 20 bars). This helps ensure the breakout has real momentum behind it.
4. Trades Automatically:
Long Trades (Buy): If a bullish breakout FVG forms and volume is high, it buys at the current price.
Short Trades (Sell): If a bearish breakout FVG forms with high volume, it sells short.
Each trade comes with a stop loss (to limit losses) and a take profit (to lock in gains), both adjustable by you.
5. Shows Mitigation Lines (Optional):
If you turn on "Display Mitigation Zones," it draws lines at the edge of each breakout FVG. These lines show where the price might return to "fill" the gap later, helping you see key levels.
6. Includes Webull Costs:
The script factors in real trading fees from Webull, like tiny SEC and FINRA fees for selling, and a daily margin cost if you’re borrowing money to trade. These don’t show up on the chart but affect the strategy’s performance in backtesting.
How to Use It
1. Add to Your Chart:
Copy the script into TradingView’s Pine Editor, click "Add to Chart," and it’ll start drawing FVGs and running the strategy.
2. Customize Settings:
Trend Period (Default: 25): How many bars it looks back to define the trend. Longer periods mean fewer but stronger signals.
Volume Lookback (Default: 20) & Volume Threshold (Default: 1.2): Adjust how it measures "high volume." Increase the threshold for stricter trades.
Stop Loss % (Default: 1.5%) & Take Profit % (Default: 3%): Set how much you’re willing to lose or aim to gain per trade.
Margin Rate % (Default: 8.74%): Webull’s rate for borrowing money—lower it if your account qualifies for a better rate.
Display Mitigation Zones (Default: On): Toggle this to see or hide the gap lines.
Colors: Change the green (bullish) and red (bearish) shades to suit your chart.
3. Backtest It:
Go to the "Strategy Tester" tab in TradingView to see how it performs on past data. It’ll show trades, profits, losses, and Webull fees included.
4. Watch It Work:
Green boxes mean bullish FVGs; red boxes mean bearish FVGs. If volume spikes and the price breaks out, you’ll see trades happen automatically.
What to Expect
Visuals: You’ll see colored boxes for FVGs and optional lines showing where they start. These help you spot key price zones even if you’re not trading.
Trades: It’s selective—only trades when FVGs align with a breakout and volume confirms it. Expect fewer trades but with higher potential.
Risk: The stop loss keeps losses in check, while the take profit aims for a 2:1 reward-to-risk ratio by default (3% gain vs. 1.5% loss).
Costs: Webull’s fees are small but baked into the results, so you’re seeing a realistic picture of profits.
Tips for Users
Test it on a small timeframe (like 5-minute charts) for day trading or a larger one (like daily) for swing trading.
Play with the volume threshold—if you get too few trades, lower it (e.g., 1.1); if too many, raise it (e.g., 1.5).
Watch how price reacts to the mitigation lines—they’re often support or resistance zones traders target.
This strategy is lightweight, focused, and built for traders who like breakouts with a bit of confirmation. It’s not foolproof (no strategy is!), but it gives you a clear way to trade FVGs with some smart filters.
