ICT Balanced Price Range - Double FVG with VolumeThis is an FVG indicator combined with volume to identify moments when a sudden volume spike creates a price gap.
Additionally, I've added the ICT Balanced Price Range, which occurs when two opposing FVGs form a connected gap. This gap has a high probability of reversal and is one of the key signs of liquidity sweeps.
Unlike other FVG indicators that filter FVGs based on ATR, average price, or range, I believe such methods lead to overfitting and may not work across multiple pairs with a single setting. Instead, I only filter FVGs when there are consecutive overlapping FVGs.
The indicator includes full functionality:
Candle color customization
FVG line color customization
FVG fill color customization
BPR color customization
Adjustable average volume and volume threshold
Highlighting candles with abnormal volume
Enjoy and make sure to backtest thoroughly before using!
Cari dalam skrip untuk "liquidity"
Buy on VolumeThis script has several weaknesses:
1. **Overly Simplistic Logic** – The buy signal is based on just two conditions (DEMA crossing above a Lorentzian Line and a volume spike), which may not be robust enough for real trading conditions.
2. **Lack of Sell Signals** – The script only focuses on buy signals without any exit strategy, making it incomplete for practical trading.
3. **Volume Confirmation May Be Unreliable** – The threshold for volume confirmation (50% above average) is arbitrary and may produce frequent false positives or fail in low-liquidity conditions.
4. **No Risk Management** – There is no stop-loss, take-profit, or risk-adjustment mechanism, making it unsuitable for serious trading.
5. **Potential for Late Entries** – The reliance on moving averages (DEMA) can introduce lag, causing buy signals to appear late after a price move has already occurred.
6. **Limited Adaptability** – The fixed parameter settings (e.g., DEMA period of 6, Lorentzian length of 21) may not work across different market conditions or assets.
7. **No Consideration for Market Trends** – The script does not account for broader market trends, which could lead to poor entries in bearish conditions.
8. **Visual Clutter** – The plotted signals and indicators might create unnecessary chart noise, making it difficult to analyze price action effectively.
9. **Alert Spam Potential** – Without additional filtering conditions, the script may trigger frequent buy alerts, leading to signal fatigue.
Peak Reaction Zones [BigBeluga]Peak Reaction Zones is an advanced Smart Money Concept (SMC) indicator that identifies the most recent swing high and swing low zones, helping traders determine premium and discount areas for optimal trade positioning.
🔵 Key Features:
Swing High & Low Zones:
Automatically detects the latest swing high and swing low levels.
Helps traders identify key reaction points where price is likely to respond.
Premium & Discount Concept:
The high zone represents a premium area, where price is overextended and may reverse.
The low zone represents a discount area, where price is undervalued and may bounce.
The midline dynamically marks the equilibrium of the range.
Adjustable Zone Width:
Users can fine-tune the width of the zones to match their trading style.
Wider zones capture broader reaction ranges, while narrower zones focus on precise levels.
Zone Retest Signals:
Blue markers appear when price retests the lower reaction zone, signaling potential support.
Orange markers appear when price retests the upper reaction zone, indicating possible resistance.
Price Labels for Key Levels:
Displays the price value of the swing high, swing low, and midline for quick reference.
Helps traders recognize major reaction points at a glance.
🔵 Usage:
Smart Money Trading: Utilize the premium and discount concept to align trades with institutional order flow.
Zone Reactions: Watch for price tests of reaction zones and use the retest signals to confirm potential reversals.
Midline Confirmation: If price holds above or below the midline, it can indicate directional bias.
Scalping & Swing Trading: Short-term traders can look for zone rejections, while swing traders can use the levels for trend continuation setups.
Peak Reaction Zones is a must-have tool for traders looking to trade with Smart Money Concepts, allowing for precise entries and exits based on key liquidity areas and market structure.
Midnight Range Standard DeviationsCredit to Lex Fx for the basic framework of this script
This indicator is designed to assist traders in identifying potential trading opportunities based on the Intraday Concurrency Technique (ICT) concepts, specifically the midnight range deviations and their relationship to Fibonacci levels. It builds upon the work of Lex-FX, whom we gratefully acknowledge for the original concept and inspiration for this indicator.
Core Concept: ICT Midnight Range
The core of this indicator revolves around the concept of the midnight range. According to ICT, the high and low formed in a specific time window (typically the first 30 minutes after midnight, New York Time) can serve as a key reference point for intraday price action. The indicator identifies this range and projects potential support and resistance levels based on deviations from this range, combined with Fibonacci ratios.
How ICT Uses Midnight Range Deviations
ICT methodology often involves looking for price to move away from the initial midnight range, then return to it, or deviate beyond it, as key areas for potential entries.
Range Identification: The indicator automatically identifies the high and low of the midnight range (00:00 - 00:30 NY Time).
Deviation Levels: The indicator calculates and displays deviation levels based on multiples of the initial midnight range. These levels are often used to identify potential areas of support and resistance, as well as potential targets for price movement. These levels can be set in the additional fib levels section, which can be configured in increments of .5 deviations all the way up to 12 deviations.
Fibonacci Confluence: ICT often emphasizes the confluence of multiple factors. This indicator adds Fibonacci levels to the midnight range deviations. This allows traders to identify areas where Fibonacci retracements or extensions align with the deviation levels, potentially creating stronger areas of support or resistance.
Looking for Sweeps: ICT often uses these levels to look for times that the high and low are swept as potential areas of liquidity, indicating the start of potential continuations.
Time-Based Analysis: The time at which price interacts with these levels can also be significant in ICT. The indicator provides options to extend the range lines to specific times (e.g., 3 hours, 6 hours, 10 hours, 12 hours, or a custom defined time) after midnight, allowing traders to focus on specific periods of the trading day.
Indicator Settings Explained:
Time Zone (TZ): Defines the time zone used for calculating the midnight range. The default is "America/New_York".
Range High Color, Range Low Color, Range Mid Color: Customize the colors of the high, low, and mid-range lines.
Range Fill Color: Sets the fill color for the area between the range high and low.
Line Style: Choose the style of the range lines (solid, dashed, dotted).
Range Line Thickness: Adjust the thickness of the range lines for better visibility.
Show Fibonacci Levels: Enable or disable the display of Fibonacci deviation levels.
Fib Up Color, Fib Down Color: Customize the colors of the Fibonacci levels above (up) and below (down) the midnight range.
Show Trendline: Enables a trendline that plots the close price, colored according to whether the price is above the high, below the low, or within the midnight range.
Show Range Lines, Show Range Labels: Toggles the visibility of the range lines and their associated labels.
Label Size: Adjust the size of the labels for better readability.
Hide Prices: Option to display only the deviation values on labels, hiding price values.
Place Fibonacci Labels on Left Side: Option to switch label position from right side to left side.
Extend Range To (Hours from Midnight): This section gives you a wide variety of options on how far you want to extend the range to, you can do 3,6,10,12, and 23 hours. Alternatively, you can select the "Use Custom Length" and set a specific time in hours.
Additional Fib Levels: This section allows the trader to set additional deviation points in increments of .5 deviations from .5 all the way up to 12 deviations
TradingView Community Guidelines Compliance:
This indicator description adheres to the TradingView community guidelines by:
Being educational: It explains the ICT methodology and how the indicator can be used in trading.
Being transparent: It clearly describes all the indicator's settings and their purpose.
Providing credit: It acknowledges Lex-FX as the original author of the concept.
Avoiding misleading claims: It does not guarantee profits or imply that the indicator is a "holy grail."
Disclaimer: Usage of this indicator and the information provided is at your own risk. The author is not responsible for any losses incurred as a result of using this indicator.
Important Considerations:
This indicator is intended for educational purposes and to assist in applying the ICT methodology.
It should not be used as a standalone trading system.
Always combine this indicator with other forms of technical analysis and risk management techniques.
Backtest thoroughly on your chosen market and timeframe before using in live trading.
Trading involves risk. Only trade with capital you can afford to lose.
PumpC CBC EMAs + VWAPPumpC CBC EMAs + VWAP Indicator for Tradingview
Introduction
This is an indicator for the Candle By Candle (CBC) Flip strategy , based on the CBC Flip concept taught by MapleStax and inspired by the original CBC Flip indicator by AsiaRoo . The CBC Flip strategy is a simple yet effective approach to gauge if bulls or bears are in control for any given candle.
The logic behind the CBC Flip is as follows:
Bullish Flip : If the most recent candle’s close is above the previous candle’s high, bulls have taken control.
Bearish Flip : If the most recent candle’s close is below the previous candle’s low, bears are now in control.
No Flip : If neither condition is met, the previously dominant side (bulls or bears) remains in control until one of these conditions is satisfied, flipping the market sentiment—hence the name CBC Flip .
The PumpC CBC EMAs + VWAP Indicator enhances this simple strategy by adding trend confirmation filters using EMAs and VWAP , along with time-restricted signal generation and fully customizable alerts.
What Does This Indicator Do?
The PumpC CBC EMAs + VWAP Indicator helps traders identify CBC Flips to spot potential trend continuations or reversals. It combines candlestick logic , trend filters , and time-based restrictions to provide high-probability trade signals.
CBC Flip Detection
Bullish Flip : Current close is above the previous candle’s high.
Bearish Flip : Current close is below the previous candle’s low.
Strict Flips : Require a liquidity sweep for higher accuracy.
All Flips : Looser conditions that generate more frequent signals.
EMA and VWAP Trend Confirmation (Optional)
This filter ensures that long signals only trigger when the Slow EMA is above the VWAP , confirming an upward trend. For short signals, the Slow EMA must be below the VWAP.
Time-Based Filtering
The indicator allows you to set a specific trading window (e.g., 9:00 AM to 3:00 PM), helping you avoid low-volume or high-risk periods.
Visual Labels and Alerts
Labels : Arrows (▲ for long and ▼ for short) mark CBC Flip points on the chart.
Alerts : Fully customizable notifications for each signal type, based on your chosen filters.
Key Features
CBC Flip Detection : Identify potential reversals and trend continuations.
Strict vs. All Flips : Choose between higher-accuracy strict flips or more frequent all flips.
EMA-to-VWAP Filter : Optional trend confirmation filter to reduce false signals.
Customizable EMAs and VWAP : Configure lengths and colors for visual clarity.
Time-Restricted Signals : Focus on your preferred trading session.
Custom Alerts : Notifications for long and short signals based on filter settings.
Credits and Inspiration
The CBC Flip strategy was created by MapleStax .
This indicator is inspired by the original CBC Flip indicator by AsiaRoo .
Additional enhancements include EMA-to-VWAP filtering , custom alerts , and time-restricted signal generation for a more comprehensive trading experience.
Risks and Disclaimer
This indicator is for educational purposes only and does not constitute financial advice.
Trading involves significant risk, and past performance does not guarantee future results. Always test this indicator in a simulated environment before live trading.
Central Bank BS Delta TracerCentral Bank BS Delta Tracer is a new way of looking at liquidity on TradingView.
CBBSDT (for short) shows bars for popular central bank balance sheets. The default is the US, but other countries can be viewed or compared as well.
You can combine multiple central bank balances, and all are calculated in USD using currency pairs so that the units match up. Combining can also show differentials, such as if the ECB did more QT than the US in a given time frame.
Warning: Time frames lower than a month may be inaccurate. Many central banks do not report their BS on a frequent basis, so do know ahead of time that data is usually outdated by a variable amount depending on the data source. Check with the particular sources of central bank BS before making assumptions about deltas using this indicator.
Debt is the dark energy of the economy. Therefore we must know how much of it is pumping or draining.
Trading ChecklistTrading Checklist Indicator - Your Trading Plan Companion
A clean and efficient visual checklist to maintain trading discipline and consistency. This indicator helps traders follow their trading plan systematically by providing an easy-to-use checklist of key confirmation points.
Features:
- Visual checklist with clear green/red status indicators
- Clean, non-intrusive interface
- Real-time status updates
- Easy toggle controls for each item
Key Checkpoints:
1. HTF Structure Analysis
2. Order Flow Confirmation
3. SD/OB/FVG (HTF POI) Identification
4. Liquidity Grab Verification
5. Reversal Alignment Check
Final Confirmations:
- Trade Validity Check
- POI & Stop Loss Safety
- Set and Forget Status
How to Use:
1. Add the indicator to your chart
2. Use the Settings panel to toggle each condition
3. Green dots indicate confirmed conditions
4. Red dots show pending confirmations
5. Verify all conditions before executing trades
Note: This indicator helps maintain trading discipline but should be used alongside proper technical and fundamental analysis.
Tags: #TradingChecklist #RiskManagement #TradingPlan #Trading #Technical #Strategy #Discipline
Advanced Supertrend Enhanced ADXEnhanced Supertrend ADX Indicator - Technical Documentation
Overview
The Enhanced Supertrend ADX indicator combines ADX directional strength with Supertrend trend-following capabilities, creating a comprehensive trend detection system. It's enhanced with normalization techniques and multiple filters to provide reliable trading signals.
Key Features and Components
The indicator incorporates three main components:
Core ADX and Supertrend Fusion
Uses a shorter ADX period for increased sensitivity
Integrates Supertrend signals for trend confirmation
Applies a long-term moving average for trend context
Advanced Filtering System
Volatility filter: Identifies periods of significant market movement
Momentum filter: Confirms the strength and sustainability of trends
Lateral market detection: Identifies ranging market conditions
Data Normalization
Standardizes indicator readings across different instruments
Makes signals comparable across various market conditions
Reduces extreme values and false signals
Model Assumptions
The indicator operates under several key assumptions:
Market Behavior
Markets alternate between trending and lateral phases
Strong trends correlate with increased volatility
Price momentum confirms trend strength
Market transitions follow identifiable patterns
Signal Reliability
Low ADX values indicate lateral markets
Valid signals require both volatility and momentum confirmation
Multi-filter confirmation increases signal reliability
Price normalization enhances signal quality
Trading Applications
The indicator supports different trading approaches:
Trend Trading
Strong signals when all filters align
Clear distinction between bullish and bearish trends
Momentum confirmation for trend continuation
Range Trading
Clear identification of lateral markets
Band-based trading boundaries
Reduced false breakout signals
Transition Trading
Early identification of trend-to-range transitions
Clear signals for range-to-trend transitions
Momentum-based confirmation of breakouts
Risk Considerations
Important factors to consider:
Signal Limitations
Potential delay in fast-moving markets
False signals during extreme volatility
Time frame dependency
Best Practices
Use in conjunction with other indicators
Apply proper position sizing
Focus on liquid instruments
Consider market context
Performance Characteristics
The indicator shows optimal performance under specific conditions:
Ideal Conditions
Daily timeframe analysis
Clear trending market phases
Liquid market environments
Normal volatility conditions
Challenging Conditions
Choppy market conditions
Extremely low volatility
Highly volatile markets
Illiquid instruments
Implementation Recommendations
For optimal use, consider:
Market Selection
Best suited for major markets
Requires adequate liquidity
Works well with trending instruments
Timeframe Selection
Primary: Daily charts
Secondary: 4-hour charts
Caution on lower timeframes
Risk Management
Use appropriate position sizing
Set clear stop-loss levels
Consider market volatility
Monitor overall exposure
This indicator serves as a comprehensive tool for market analysis, combining traditional technical analysis with modern filtering techniques. Its effectiveness depends on proper implementation and understanding of market conditions.
ICT NY Kill Zone Auto Trading### **ICT NY Kill Zone Auto Trading Strategy (5-Min Chart)**
#### **Overview:**
This strategy is based on Inner Circle Trader (ICT) concepts, focusing on the **New York Kill Zone**. It is designed for trading GBP/USD exclusively on the **5-minute chart**, automatically entering and exiting trades during the US session.
#### **Key Components:**
1. **Time Filter**
- The strategy only operates during the **New York Kill Zone (9:30 AM - 11:00 AM NY Time)**.
- It ensures execution only on the **5-minute timeframe**.
2. **Fair Value Gaps (FVGs) Detection**
- The script identifies areas where price action left an imbalance, known as Fair Value Gaps (FVGs).
- These gaps indicate potential liquidity zones where price may return before continuing in the original direction.
3. **Order Blocks (OBs) Identification**
- **Bullish Order Block:** Occurs when price forms a strong bullish pattern, suggesting further upside movement.
- **Bearish Order Block:** Identified when a strong bearish formation signals potential downside continuation.
4. **Trade Execution**
- **Long Trade:** Entered when a bullish order block forms within the NY Kill Zone and aligns with an FVG.
- **Short Trade:** Entered when a bearish order block forms within the Kill Zone and aligns with an FVG.
5. **Risk Management**
- **Stop Loss:** Fixed at **30 pips** to limit downside risk.
- **Take Profit:** Set at **60 pips**, providing a **2:1 risk-reward ratio**.
6. **Visual Aids**
- The **Kill Zone is highlighted in blue** to help traders visually confirm the active session.
**Objective:**
This script aims to **capitalize on institutional price movements** within the New York session by leveraging ICT concepts such as FVGs and Order Blocks. By automating trade entries and exits, it eliminates emotions and ensures a disciplined trading approach.
Precious Metals & GSR (Zeiierman)█ Overview
The Precious Metals & GSR (Zeiierman) is designed to provide traders and investors with a comprehensive view of the Gold-Silver Ratio (GSR) and other precious metal relationships. This tool helps evaluate the relative strength between different metals by analyzing their price ratios over historical periods, using quantile-based analysis and trend interpretation tables to highlight key insights.
The Gold-Silver Ratio (GSR) is a widely utilized metric in precious metals trading, representing the number of silver ounces required to purchase one ounce of gold. Historically, this ratio has fluctuated, providing traders with insights into the relative value of these two metals. By analyzing the GSR, traders can identify potential trading opportunities based on historical patterns and market dynamics.
By integrating customizable percentile bands, gradient coloring for performance visualization, and dynamic ratio analysis, this indicator assists in understanding how one metal is performing relative to another, making it useful for trend tracking, risk management, and portfolio allocation.
█ How It Works
The Precious Metals & GSR Indicator operates by fetching the latest prices of the selected precious metals in the user's chosen currency. It then calculates the ratio between two selected metals (Metal 1 and Metal 2) and analyzes this ratio over a specified period. By computing quantile bands and high/low bands, the indicator provides insights into the historical performance and current standing of the ratio.
⚪ Ratio Calculation
The core of this indicator is the metal ratio, calculated by dividing the price of Metal 1 by Metal 2.
A rising ratio means Metal 1 is outperforming Metal 2.
A falling ratio means Metal 2 is outperforming Metal 1.
The indicator automatically retrieves live market prices of Gold, Silver, Platinum, and Palladium to compute the ratio.
⚪ Quantile Ratio Bands
The indicator calculates the highest (max) and lowest (min) ratio levels over a user-defined period.
It also plots quantile bands at the 10th, 25th, 50th (median), 75th, and 90th percentiles, providing deeper statistical insights into how extreme or average the current ratio is.
The median (Q50) acts as a reference level, showing whether the ratio is above or below its historical midpoint.
⚪ Interpretation Table
The Ratio Interpretation Table provides a text-based summary of the ratio’s strength.
It detects whether Metal 1 is at a historical high, low, or within common ranges.
This helps traders and investors make informed decisions on whether the ratio is overextended, mean-reverting, or trending.
⚪ Precious Metals Table
Displays live market prices for Gold, Silver, Platinum, and Palladium.
Prices are shown in different units (oz, kg, grams, and troy ounces) based on user preferences.
A color-coded system highlights price changes, making it easier to track market movements.
⚪ Physical Holding Calculator
Users can enter their precious metal holdings to estimate their current value.
The system adjusts calculations based on weight, purity (24K, 22K, etc.), and unit of measurement.
The holding value is displayed in the selected currency (USD, EUR, GBP, etc.).
█ How to Use
⚪ Trend Identification
If the ratio is increasing, Metal 1 is gaining strength relative to Metal 2 → Possible Long Position on Metal 1 / Short on Metal 2
If the ratio is decreasing, Metal 2 is gaining strength relative to Metal 1 → Possible Short Position on Metal 1 / Long on Metal 2
⚪ Mean Reversion Strategy
When the ratio reaches the 90th percentile, Metal 1 is historically overextended (expensive) compared to Metal 2.
Traders may look to sell Metal 1 and buy Metal 2, expecting the ratio to decline back toward its historical average.
Example (Gold/Silver Ratio): If the GSR is above the 90th percentile, gold is very expensive relative to silver, suggesting a potential buying opportunity in silver and/or a selling opportunity in gold.
When the ratio reaches the 10th percentile, Metal 1 is historically undervalued (cheap) compared to Metal 2.
Traders may look to buy Metal 1 and sell Metal 2, expecting the ratio to rise back toward its historical average.
Example (Gold/Silver Ratio): If the GSR is below the 10th percentile, gold is very cheap relative to silver, suggesting a potential buying opportunity in gold and/or a selling opportunity in silver.
⚪ Common Strategy Based on GSR Insights
A common approach involves monitoring the ratio for extreme values based on historical data. When the ratio reaches historically high levels, it suggests that gold is expensive relative to silver, potentially indicating a buying opportunity for silver and/or a selling opportunity for gold. Conversely, when the ratio is at historically low levels, silver is expensive relative to gold, suggesting a potential buying opportunity for gold and/or selling opportunity for silver. This mean-reversion strategy relies on the tendency of the GSR to return to its historical average over time.
⚪ Hedging & Portfolio Diversification
If Gold is strongly outperforming Silver, investors may shift allocations to balance risk.
If Silver is rapidly gaining on Gold, it may indicate increased industrial demand or speculative interest.
⚪ Inflation & Economic Cycles
A rising Gold-Silver ratio often correlates with economic downturns and increased risk aversion.
A falling Gold-Silver ratio may signal stronger economic growth and higher inflation expectations.
█ Settings
Precious Metals Table
Select which metals to display (Gold, Silver, Platinum, Palladium)
Choose measurement units (oz, kg, grams, troy ounces)
Ratio Analysis
Select Metal 1 & Metal 2 for ratio calculation
Set historical length for quantile calculations
Interpretation Table
Enable automated insights based on ratio levels
Physical Holdings Calculator
Enter metal weight, purity, and unit
Select calculation currency
-----------------
Disclaimer
The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. 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.
Opening Score with DivergenceOverview
The Opening Score Indicator is a versatile tool designed to help traders assess market sentiment, trend direction, and potential reversals. By combining Opening Range Breakout (ORB), VWAP, Trend, Volatility, and Divergence Detection, this indicator provides a composite score that adapts to different market conditions.
This version includes divergence detection between the Opening Score and price, which highlights potential trend reversals or continuations before they happen. When a regular divergence occurs, the histogram bar turns orange, signaling an increased probability of a trend change.
Best for Both Intraday & Longer-Term Charts
📊 Optimized for intraday trading → Works well on 1m to 30m timeframes for short-term strategies.
📈 Also effective on longer-term charts → Can be used on 1-hour, 4-hour, daily, or weekly charts to identify macro trends and momentum shifts.
🕰️ Adapts to different market conditions → Whether you’re a day trader, swing trader, or position trader, the Opening Score helps you track trend health and reversals.
How It Works
📊 Composite Opening Score Calculation
• ORB Signal → Detects bullish/bearish breakouts based on the opening range.
• VWAP Signal → Measures price positioning relative to VWAP for trend confirmation.
• Trend Signal → Uses a moving average to determine market direction.
• Volatility Signal → Tracks ATR changes to assess market strength.
• Divergence Detection → Identifies regular and hidden divergences for potential reversals or trend continuation.
🔹 Reversal Alerts with Color-Coded Histogram
• Green Bars → Normal bullish Opening Score.
• Red Bars → Normal bearish Opening Score.
• Orange Bars → Warning! Regular Divergence detected → Possible trend reversal.
🔹 Hidden & Regular Divergence Detection
• Regular Divergence (Reversal Signals)
• 📉 Bearish Regular Divergence → Price makes a Higher High, but Opening Score makes a Lower High → 🔻 Possible Downtrend Reversal.
• 📈 Bullish Regular Divergence → Price makes a Lower Low, but Opening Score makes a Higher Low → 🔼 Possible Uptrend Reversal.
• Hidden Divergence (Trend Continuation Signals)
• 📉 Bearish Hidden Divergence → Price makes a Lower High, but Opening Score makes a Higher High → 🔻 Trend Likely to Continue Down.
• 📈 Bullish Hidden Divergence → Price makes a Higher Low, but Opening Score makes a Lower Low → 🔼 Trend Likely to Continue Up.
How to Use It
✅ Watch for Reversal Alerts (Orange Bars) → These highlight potential market turning points.
✅ Use the Zero Line as a Trend Filter → A score above 0 suggests bullish conditions, while below 0 signals bearish conditions.
✅ Combine with Market Structure & Volume Profile → Works well when paired with support/resistance levels, liquidity zones, and order flow data.
✅ Adjust settings based on timeframe → Increase moving average length & lookback periods for longer-term analysis.
Why Use This Indicator?
🚀 Works for both short-term and long-term traders → Adapts to intraday and higher timeframes.
📊 Multi-Factor Analysis → Combines multiple key market indicators for better accuracy.
🎯 Customizable Weighting → Adjust the influence of each signal to suit your trading style.
✅ No Clutter – Only the Opening Score is plotted → Keeps your chart clean & efficient.
🔔 Recommended for Intraday Trading (1m – 30m) AND Longer-Term Analysis (1H – Weekly) → Use this indicator to enhance your trend detection & reversal strategy! 🚀
Auto-Length Moving Average + Trend Signals (Zeiierman)█ Overview
The Auto-Length Moving Average + Trend Signals (Zeiierman) is an easy-to-use indicator designed to help traders dynamically adjust their moving average length based on market conditions. This tool adapts in real-time, expanding and contracting the moving average based on trend strength and momentum shifts.
The indicator smooths out price fluctuations by modifying its length while ensuring responsiveness to new trends. In addition to its adaptive length algorithm, it incorporates trend confirmation signals, helping traders identify potential trend reversals and continuations with greater confidence.
This indicator suits scalpers, swing traders, and trend-following investors who want a self-adjusting moving average that adapts to volatility, momentum, and price action dynamics.
█ How It Works
⚪ Dynamic Moving Average Length
The core feature of this indicator is its ability to automatically adjust the length of the moving average based on trend persistence and market conditions:
Expands in strong trends to reduce noise.
Contracts in choppy or reversing markets for faster reaction.
This allows for a more accurate moving average that aligns with current price dynamics.
⚪ Trend Confirmation & Signals
The indicator includes built-in trend detection logic, classifying trends based on market structure. It evaluates trend strength based on consecutive bars and smooths out transitions between bullish, bearish, and neutral conditions.
Uptrend: Price is persistently above the adjusted moving average.
Downtrend: Price remains below the adjusted moving average.
Neutral: Price fluctuates around the moving average, indicating possible consolidation.
⚪ Adaptive Trend Smoothing
A smoothing factor is applied to enhance trend readability while minimizing excessive lag. This balances reactivity with stability, making it easier to follow longer-term trends while avoiding false signals.
█ How to Use
⚪ Trend Identification
Bullish Trend: The indicator confirms an uptrend when the price consistently stays above the dynamically adjusted moving average.
Bearish Trend: A downtrend is recognized when the price remains below the moving average.
⚪ Trade Entry & Exit
Enter long when the dynamic moving average is green and a trend signal occurs. Exit when the price crosses below the dynamic moving average.
Enter short when the dynamic moving average is red and a trend signal occurs. Exit when the price crosses above the dynamic moving average.
█ Slope-Based Reset
This mode resets the trend counter when the moving average slope changes direction.
⚪ Interpretation & Insights
Best for trend-following traders who want to filter out noise and only reset when a clear shift in momentum occurs.
Higher slope length (N): More stable trends, fewer resets.
Lower slope length (N): More reactive to small price swings, frequent resets.
Useful in swing trading to track significant trend reversals.
█ RSI-Based Reset
The counter resets when the Relative Strength Index (RSI) crosses predefined overbought or oversold levels.
⚪ Interpretation & Insights
Best for reversal traders who look for extreme overbought/oversold conditions.
High RSI threshold (e.g., 80/20): Fewer resets, only extreme conditions trigger adjustments.
Lower RSI threshold (e.g., 60/40): More frequent resets, detecting smaller corrections.
Great for detecting exhaustion in trends before potential reversals.
█ Volume-Based Reset
A reset occurs when current volume significantly exceeds its moving average, signaling a shift in market participation.
⚪ Interpretation & Insights
Best for traders who follow institutional activity (high volume often means large players are active).
Higher volume SMA length: More stable trends, only resets on massive volume spikes.
Lower volume SMA length: More reactive to short-term volume shifts.
Useful in identifying breakout conditions and trend acceleration points.
█ Bollinger Band-Based Reset
A reset occurs when price closes above the upper Bollinger Band or below the lower Bollinger Band, signaling potential overextension.
⚪ Interpretation & Insights
Best for traders looking for volatility-based trend shifts.
Higher Bollinger Band multiplier (k = 2.5+): Captures only major price extremes.
Lower Bollinger Band multiplier (k = 1.5): Resets on moderate volatility changes.
Useful for detecting overextensions in strong trends before potential retracements.
█ MACD-Based Reset
A reset occurs when the MACD line crosses the signal line, indicating a momentum shift.
⚪ Interpretation & Insights
Best for momentum traders looking for trend continuation vs. exhaustion signals.
Longer MACD lengths (260, 120, 90): Captures major trend shifts.
Shorter MACD lengths (10, 5, 3): Reacts quickly to momentum changes.
Useful for detecting strong divergences and market shifts.
█ Stochastic-Based Reset
A reset occurs when Stochastic %K crosses overbought or oversold levels.
⚪ Interpretation & Insights
Best for short-term traders looking for fast momentum shifts.
Longer Stochastic length: Filters out false signals.
Shorter Stochastic length: Captures quick intraday shifts.
█ CCI-Based Reset
A reset occurs when the Commodity Channel Index (CCI) crosses predefined overbought or oversold levels. The CCI measures the price deviation from its statistical mean, making it a useful tool for detecting overextensions in price action.
⚪ Interpretation & Insights
Best for cycle traders who aim to identify overextended price deviations in trending or ranging markets.
Higher CCI threshold (e.g., ±200): Detects extreme overbought/oversold conditions before reversals.
Lower CCI threshold (e.g., ±10): More sensitive to trend shifts, useful for early signal detection.
Ideal for detecting momentum shifts before price reverts to its mean or continues trending strongly.
█ Momentum-Based Reset
A reset occurs when Momentum (Rate of Change) crosses zero, indicating a potential shift in price direction.
⚪ Interpretation & Insights
Best for trend-following traders who want to track acceleration vs. deceleration.
Higher momentum length: Captures longer-term shifts.
Lower momentum length: More responsive to short-term trend changes.
█ How to Interpret the Trend Strength Table
The Trend Strength Table provides valuable insights into the current market conditions by tracking how the dynamic moving average is adjusting based on trend persistence. Each metric in the table plays a role in understanding the strength, longevity, and stability of a trend.
⚪ Counter Value
Represents the current length of trend persistence before a reset occurs.
The higher the counter, the longer the current trend has been in place without resetting.
When this value reaches the Counter Break Threshold, the moving average resets and contracts to become more reactive.
Example:
A low counter value (e.g., 10) suggests a recent trend reset, meaning the market might be changing directions frequently.
A high counter value (e.g., 495) means the trend has been ongoing for a long time, indicating strong trend persistence.
⚪ Trend Strength
Measures how strong the current trend is based on the trend confirmation logic.
Higher values indicate stronger trends, while lower values suggest weaker trends or consolidations.
This value is dynamic and updates based on price action.
Example:
Trend Strength of 760 → Indicates a high-confidence trend.
Trend Strength of 50 → Suggests weak price action, possibly a choppy market.
⚪ Highest Trend Score
Tracks the strongest trend score recorded during the session.
Helps traders identify the most dominant trend observed in the timeframe.
This metric is useful for analyzing historical trend strength and comparing it with current conditions.
Example:
Highest Trend Score = 760 → Suggests that at some point, there was a strong trend in play.
If the current trend strength is much lower than this value, it could indicate trend exhaustion.
⚪ Average Trend Score
This is a rolling average of trend strength across the session.
Provides a bigger picture of how the trend strength fluctuates over time.
If the average trend score is high, the market has had persistent trends.
If it's low, the market may have been choppy or sideways.
Example:
Average Trend Score of 147 vs. Current Trend Strength of 760 → Indicates that the current trend is significantly stronger than the historical average, meaning a breakout might be occurring.
Average Trend Score of 700+ → Suggests a strong trending market overall.
█ Settings
⚪ Dynamic MA Controls
Base MA Length – Sets the starting length of the moving average before dynamic adjustments.
Max Dynamic Length – Defines the upper limit for how much the moving average can expand.
Trend Confirmation Length – The number of bars required to validate an uptrend or downtrend.
⚪ Reset & Adaptive Conditions
Reset Condition Type – Choose what triggers the moving average reset (Slope, RSI, Volume, MACD, etc.).
Trend Smoothing Factor – Adjusts how smoothly the moving average responds to price changes.
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Disclaimer
The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. 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.
SMT Divergence [TakingProphets]The SMT (Smart Money Technique) Divergence indicator identifies potential market manipulation and smart money footprints by comparing price action between correlated instruments. It uses a dual-detection system to catch both frequent local SMTs and larger structural SMTs:
• Primary detection uses a shorter lookback period (default 5) to identify common SMT patterns
• Secondary detection uses a longer lookback period (default 8) to catch larger structural SMTs
• Automatically filters significant moves to prevent noise
• Labels are placed clearly outside of price action for better visibility
• Toggle between showing all SMTs or only significant liquidity sweeps
Compare any two instruments to spot divergences in their price action. Particularly useful for:
- Futures vs Spot markets
- Related currency pairs
- Index vs its components
- Any correlated instruments
Default settings are optimized for intraday trading but can be adjusted for different timeframes.
Note: This indicator works best when comparing closely correlated instruments and should be used alongside other technical analysis tools.
Overnight vs Intra-day Performance█ STRATEGY OVERVIEW
The "Overnight vs Intra-day Performance" indicator quantifies price behaviour differences between trading hours and overnight periods. It calculates cumulative returns, compound growth rates, and visualizes performance components across user-defined time windows. Designed for analytical use, it helps identify whether returns are primarily generated during market hours or overnight sessions.
█ USAGE
Use this indicator on Stocks and ETFs to visualise and compare intra-day vs overnight performance
█ KEY FEATURES
Return Segmentation : Separates total returns into overnight (close-to-open) and intraday (open-to-close) components
Growth Tracking : Shows simple cumulative returns and compound annual growth rates (CAGR)
█ VISUALIZATION SYSTEM
1. Time-Series
Overnight Returns (Red)
Intraday Returns (Blue)
Total Returns (White)
2. Summary Table
Displays CAGR
3. Price Chart Labels
Floating annotations showing absolute returns and CAGR
Color-coded to match plot series
█ PURPOSE
Quantify market behaviour disparities between active trading sessions and overnight positioning
Provide institutional-grade attribution analysis for returns generation
Enable tactical adjustment of trading schedules based on historical performance patterns
Serve as foundational research for session-specific trading strategies
█ IDEAL USERS
1. Portfolio Managers
Analyse overnight risk exposure across holdings
Optimize execution timing based on return distributions
2. Quantitative Researchers
Study market microstructure through time-segmented returns
Develop alpha models leveraging session-specific anomalies
3. Market Microstructure Analysts
Identify liquidity patterns in overnight vs daytime sessions
Research ETF premium/discount mechanics
4. Day Traders
Align trading hours with highest probability return windows
Avoid overnight gaps through informed position sizing
Combo The "Combo" Indicator is a visual tool for TradingView that allows traders to clearly display their analysis based on OrderBloque concepts.
Key points to understand:
The indicator does NOT perform automatic market analysis
It serves as a configurable visualization tool for your personal analysis
Key Features:
Manual Configuration: You select a timeframe and function for each variable (V1 to V4)
Function Options:
VC (Volume Confirmation)
FP (Fractal Point)
LI (Liquidity)
EX (Execution)
Combinations like VC, VC, VC (EX)
Timeframe Range: Selectable from 5 minutes to 1 month
Tabular Display: Shows your inputs in a clear table on the chart
Customizable Appearance: Adjustable table position, colors, and text size
Scalping trading system based on 4 ema linesScalping Trading System Based on 4 EMA Lines
Overview:
This is a scalping trading strategy built on signals from 4 EMA moving averages: EMA(8), EMA(12), EMA(24) and EMA(72).
Conditions:
- Time frame: H1 (1 hour).
- Trading assets: Applicable to major currency pairs with high volatility
- Risk management: Use a maximum of 1-2% of capital for each transaction. The order holding time can be from a few hours to a few days, depending on the price fluctuation amplitude.
Trading rules:
Determine the main trend:
Uptrend: EMA(8), EMA(12) and EMA(24) are above EMA(72).
Downtrend: EMA(8), EMA(12) and EMA(24) are below EMA(72).
Trade in the direction of the main trend** (buy in an uptrend and sell in a downtrend).
Entry conditions:
- Only trade in a clearly trending market.
Uptrend:
- Wait for the price to correct to the EMA(24).
- Enter a buy order when the price closes above the EMA(24).
- Place a stop loss below the bottom of the EMA(24) candle that has just been swept.
Downtrend:
- Wait for the price to correct to the EMA(24).
- Enter a sell order when the price closes below the EMA(24).
- Place a stop loss above the top of the EMA(24) candle that has just been swept.
Take profit and order management:
- Take profit when the price moves 20 to 40 pips in the direction of the trade.
Use Trailing Stop to optimize profits instead of setting a fixed Take Profit.
Note:
- Do not trade within 30 minutes before and after the announcement of important economic news, as the price may fluctuate abnormally.
Additional filters:
To increase the success rate and reduce noise, this strategy uses additional conditions:
1. The price is calculated only when the candle closes (no repaint).
2. When sweeping through EMA(24), the price needs to close above EMA(24).
3. The closing price must be higher than 50% of the candle's length.
4. **The bottom of the candle sweeping through EMA(24) must be lower than the bottom of the previous candle (liquidity sweep).
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Alert function:
When the EMA(24) sweep conditions are met, the system will trigger an alert if you have set it up.
- Entry point: The closing price of the candle sweeping through EMA(24).
- Stop Loss:
- Buy Order: Place at the bottom of the sweep candle.
- Sell Order: Place at the top of the sweep candle.
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Note:
This strategy is designed to help traders identify profitable trading opportunities based on trends. However, no strategy is 100% guaranteed to be successful. Please test it thoroughly on a demo account before using it.
Whale Activity Impact OscillatorThe "Whale Activity Impact Oscillator" is a Pine Script v6 component designed to identify abnormal price movements caused by potential whale activity in the crypto market.
Here's how it works:
Inputs: The script allows users to configure the volume spike multiplier, price spike multiplier, lookback period, minimum volume threshold, and thresholds for strong buy and sell signals.
Data Calculations: It calculates the average volume and average percentage price change over the specified lookback period.
Whale Detection Logic: The script detects a volume spike if the current volume exceeds the average volume by the specified multiplier. It detects a price spike if the percentage price change exceeds the average by the specified multiplier.
Signals: A buy signal is generated when both a volume spike and a price increase are detected. A sell signal is generated when both a volume spike and a price decrease are detected.
Output: The oscillator is displayed as a histogram below the price chart. Green bars indicate buy signals, red bars indicate sell signals, and gray bars indicate normal activity. The height of the bars is proportional to the magnitude of the price change.
Alerts: The script includes alerts for whale buying and selling detected signals.
Edge Cases: The script avoids false signals in low-liquidity environments by setting a minimum volume threshold and filtering out signals during low market activity.
This component can be added to a TradingView chart to help traders identify potential whale activity and make informed trading decisions.
CHAKRA RISS ENGULFING CANDLESTICK STRATEGYChakra RISS Engulfing Candlestick Strategy
Type: Technical Indicator & Strategy
Platform: TradingView
Script Version: Pine Script v6
Overview:
The Chakra RISS Engulfing Candlestick Strategy combines a momentum-based approach using the Relative Strength Index (RSI) with Engulfing Candlestick Patterns to generate buy and sell signals. The strategy filters trades based on price movement relative to a 50-period Simple Moving Average (SMA), making it a trend-following strategy.
The indicator uses color-coded bars to visually represent market conditions, helping traders easily identify bullish and bearish trends. The strategy is designed to be dynamic, adapting to changing market conditions and filtering out noise using key technical indicators.
How It Works:
RSI-Based Color Conditions:
Green Bars: When the RSI crosses above a specified UpLevel (default: 50), indicating a bullish momentum and signaling potential buy conditions.
Red Bars: When the RSI crosses below a specified DownLevel (default: 50), indicating a bearish momentum and signaling potential sell conditions.
Buy Signal:
Triggered when the following conditions are met:
RSI crosses from below the UpLevel (default: 50) to above it, signaling increasing bullish momentum.
The close price is above the 50-period Simple Moving Average (SMA), confirming an uptrend.
The Buy Signal is plotted below the bar with a green arrow and a "BUY" label.
Sell Signal:
Triggered when the following conditions are met:
RSI crosses from above the DownLevel (default: 50) to below it, signaling increasing bearish momentum.
The close price is below the 50-period Simple Moving Average (SMA), confirming a downtrend.
The Sell Signal is plotted above the bar with a red arrow and a "SELL" label.
Stop Loss and Take Profit:
For long trades (buy signals), the stop loss is placed below the previous bar's low, and the take profit is set at 3% above the entry price.
For short trades (sell signals), the stop loss is placed above the previous bar's high, and the take profit is set at 3% below the entry price.
Dynamic Bar Coloring:
The bar colors change dynamically based on RSI levels:
Green Bars: Indicating a potential uptrend (bullish).
Red Bars: Indicating a potential downtrend (bearish).
These visual cues help traders quickly identify market trends and potential reversals.
Trend Filtering:
The 50-period Simple Moving Average (SMA) is used to filter trades based on the overall market trend:
Buy signals are only considered when the price is above the moving average, indicating an uptrend.
Sell signals are only considered when the price is below the moving average, indicating a downtrend.
Alerting System:
Alerts can be set for both buy and sell signals. These alerts notify traders in real-time when potential trades are generated, allowing them to act promptly.
Alerts can be configured to send notifications through email, SMS, or a webhook for integration with other services like IFTTT or Zapier.
Key Features:
RSI and Moving Average-Based Signals: Combines RSI with a moving average for more accurate trade signals.
Stop Loss and Take Profit: Dynamic risk management with custom stop loss and take profit levels based on previous high and low prices.
Buy and Sell Alerts: Provides real-time alerts when a buy or sell signal is triggered.
Trend Confirmation: Uses the 50-period Simple Moving Average to filter signals and confirm the direction of the trend.
Visual Bar Color Changes: Makes it easy to identify bullish or bearish trends with color-coded bars.
Usage:
This strategy is suitable for traders who prefer a trend-following approach and want to combine momentum indicators (RSI) with price action (Engulfing Candlestick patterns). It is particularly useful in volatile markets where quick identification of trend changes can lead to profitable trades.
Best Used For: Day trading, swing trading, and trend-following strategies.
Timeframes: Works well on various timeframes, from 1-minute charts for scalping to daily charts for swing trading.
Markets: Can be applied to any market with sufficient liquidity (stocks, forex, crypto, etc.).
Settings:
UpLevel: The RSI level above which the market is considered bullish (default: 50).
DownLevel: The RSI level below which the market is considered bearish (default: 50).
SMA Length: The period of the Simple Moving Average used to filter trades (default: 50).
Risk Management: Customizable stop loss and take profit settings based on price action (default: 3% above/below the entry price).
Uptrick: Zero Lag HMA Trend Suite1. Name and Purpose
Uptrick: Zero Lag HMA Trend Suite is a Pine Version 6 script that builds upon the Hull Moving Average (HMA) to offer an advanced trend analysis tool. Its purpose is to help traders identify trend direction, potential reversals, and overall market momentum with reduced lag compared to traditional moving averages. By combining the HMA with Average True Range (ATR) thresholds, slope-dependent coloring, Volume Weighted Average Price (VWAP) ribbons, and optional reversal signals, the script aims to give a detailed view of price activity in various market environments.
2. Overview
This script begins with the calculation of a Hull Moving Average, a method that blends Weighted Moving Averages in a way designed to cut down on lag while still smoothing out price fluctuations. Next, several enhancements are applied. The script compares current HMA values to previous ones for slope-based coloring, which highlights uptrends and downtrends at a glance. It also plots buy and sell signals when price moves beyond or below thresholds determined by the ATR and the user’s chosen signal multiplier. An optional VWAP ribbon can be shown to confirm bullish or bearish conditions relative to a volume-weighted benchmark. Additionally, the script can plot reversal signals (labeled with B) at points where price crosses back toward the HMA from above or below. Taken together, these elements allow traders to visualize both the short-term momentum and the broader context of how price interacts with volatility and overall market direction.
3. Why These Indicators Have Been Linked Together
The reason the Hull Moving Average, the Average True Range, and the VWAP have been integrated into one script is to tackle multiple facets of market analysis in a single tool. The Zero Lag Hull Moving Average provides a responsive trend line, the ATR offers a measure of volatility that helps distinguish significant price shifts from typical fluctuations, and the VWAP acts as a reference for fair value based on traded volume. By layering all three, the script helps traders avoid the need to juggle multiple separate indicators and offers a holistic perspective. The slope-based coloring focuses on trend direction, the ATR-based thresholds refine possible buy and sell zones, and the VWAP ribbons provide insight into how price stands relative to an important volume-weighted level. The inclusion of up and down signals and reversal B labels further refines entries and exits.
4. Why Use Uptrick: Zero Lag HMA Trend Suite
The Hull Moving Average is already known for reacting more quickly to price changes compared to other moving averages while retaining a degree of smoothness. This suite enhances the basic HMA by showing colored gradients that make it easy to spot trend direction changes, highlighting potential entry or exit points based on volatility-driven thresholds, and optionally layering a volume-based measure of bullish or bearish market sentiment. By relying on a zero lag approach and additional data points, the script caters to those wanting a more responsive method of identifying shifts in market dynamics. The added reversal signals and up or down alerts give traders extra confirmation for potential turning points.
5. How This Extension Improves on the Basic HMA
This extension not only plots the Hull Moving Average but also includes data-driven alerts and visual cues that traditional HMA lines do not provide. First, it offers multi-layered slope coloring, making up or down trends quickly apparent. Second, it uses ATR-based thresholds to pinpoint moments when price may be extending beyond normal volatility, thus generating buy or sell signals. Third, the script introduces an optional VWAP ribbon to indicate whether the market is trading above or below this pivotal volume-weighted benchmark, adding a further confirmation step for bullish or bearish conditions. Finally, it incorporates optional reversal signals labeled with B, indicating points where price might swing back toward the main HMA line.
6. Core Components
The script can be broken down into several primary functions and features.
a. Zero Lag HMA Calculation
Uses two Weighted Moving Averages (half-length and full-length) combined through a smoothing step based on the square root of the chosen length. This approach is designed to reduce lag significantly compared to other moving averages.
b. Slope Detection
Compares current and prior HMA values to determine if the trend is up or down. The slope-based coloring changes between turquoise shades for upward movement and magenta shades for downward movement, making trend direction immediately visible.
c. ATR-Based Thresholding for Up and Down Signals
The script calculates an Average True Range over a user-defined period, then multiplies it by a signal factor to form two bands around the HMA. When price crosses below the lower band, an up (buy) signal appears; when it crosses above the upper band, a down (sell) signal is shown.
d. Reversal Signals (B Labels)
Tracks when price transitions back toward the main HMA from an extreme zone. When enabled, these reversal points are labeled with a B and can help traders see potential turning points or mean-reversion setups.
e. VWAP Bands
An optional Volume Weighted Average Price ribbon that plots above or below the HMA, indicating bullish or bearish conditions relative to a volume-weighted price benchmark. This can also act as a kind of support/ resistance.
7. User Inputs
a. HMA Length
Controls how quickly the moving average responds to price changes. Shorter lengths react faster but can lead to more frequent signals, whereas longer lengths produce smoother lines.
b. Source
Specifies the price input, such as close or an alternative source, for the calculation. This can help align the HMA with specific trading strategies.
c. ATR Length and Signal Multiplier
Defines how the script calculates average volatility and sets thresholds for buy or sell alerts. Adjusting these values can help filter out noise or highlight more aggressive signals.
d. Slope Index
Determines how many bars to look back for detecting slope direction, influencing how sensitive the slope coloring is to small fluctuations.
e. Show Buy and Sell Signals, Reversal Signals, and VWAP
Lets users toggle the display of these features. Turning off certain elements can reduce chart clutter if traders prefer a simpler layout.
8. Calculation Process
The script’s calculation follows a step-by-step approach. It first computes two Weighted Moving Averages of the selected price source, one over half the specified length and one over the full length. It then combines these using 2*wma1 minus wma2 to reduce lag, followed by applying another weighted average using the square root of the length. Simultaneously, it computes the ATR for a user-defined period. By multiplying ATR by the signal multiplier, it establishes upper and lower bands around the HMA, where crossovers generate buy (up) or sell (down) signals. The script can also plot reversal signals (B labels) when price crosses back from these bands in the opposite direction. For the optional VWAP feature, Pine Script’s ta.vwap function is used, and differences between the HMA and VWAP levels determine the color and opacity of the ribbon.
9. Signal Generation and Filtering
The ATR-based thresholds reduce the influence of small, inconsequential price swings. When price falls below the lower band, the script issues an up (buy) signal. If price breaks above the upper band, a down (sell) signal appears. These signals are visible through labels placed near the bars. Reversal signals, labeled with B, can be turned on to help detect when price retraces from an extended area back toward the main HMA line. Traders can disable or enable these signals to match their preferred level of chart detail or risk tolerance.
10. Visualization on the Chart
The Zero HMA Lag Trend Suite aims for visual clarity. The HMA line is plotted multiple times with increasing transparency to create a gradient effect. Turquoise gradients indicate upward slopes, and magenta gradients signify downward slopes. Bar coloring can be configured to align with the slope direction, providing quick insight into current momentum. When enabled, buy or sell labels are placed under or above the bars as price crosses the ATR-defined boundaries. If the reversal option is active, B labels appear around areas where price changes direction. The optional VWAP ribbons form background bands, using distinct coloration to signal whether price is above or below the volume-weighted metric.
11. Market Adaptability
Because the script’s parameters (HMA length, ATR length, signal multiplier, and slope index) are user-configurable, it can adapt to a wide range of markets and timeframes. Intraday traders may prefer a shorter HMA length for quick signals, while swing or position traders might use a longer HMA length to filter out short-lived price changes. The source setting can also be adjusted, allowing for specialized data inputs beyond just close or open values.
12. Risk Management Considerations
The script’s signals and labels are based on past price data and volatility readings, and they do not guarantee profitable outcomes. Sharp market reversals or unforeseen fundamental events can produce false signals. Traders should combine this tool with broader risk management strategies, including stop-loss placement, position sizing, and independent market analyses. The Zero HMA Lag Trend Suite can help highlight potential opportunities, but it should not be relied upon as the sole basis for trade decisions.
13. Combining with Other Tools
Many traders choose to verify signals from the Zero HMA Lag Trend Suite using popular indicators like the Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), or even simple volume-based metrics to confirm whether a price movement has sufficient momentum. Conventional techniques such as support and resistance levels, chart patterns, or candlestick analysis can also supplement signals generated by the script’s up, down, or reversal B labels.
14. Parameter Customization and Examples
a. Short-Term Day Trading
Using a shorter HMA length (for instance, 9 or 14) and a slightly higher ATR multiplier might provide timely buy and sell signals, though it may also produce more whipsaws in choppy markets.
b. Swing or Position Trading
Selecting a longer HMA length (such as 50 or 100) with a moderate ATR multiplier can help users track more significant and sustained market moves, potentially reducing the effect of minor fluctuations.
c. Multiple Timeframe Blends
Some traders load two versions of the indicator on the same chart, one for short-term signals (with frequent B label reversals) and another for the broader trend direction, aligning entry and exit decisions with the bigger picture.
15. Realistic Expectations
Even though the Hull Moving Average helps minimize lag and the script incorporates volatility-based filters and optional VWAP overlays, it cannot predict future market behavior with complete accuracy. Periods of low liquidity or sudden market shocks can still lead to signals that do not reflect longer-term trends. Frequent parameter review and manual confirmation are advised before executing trades based solely on the script’s outputs.
16. Theoretical Background
The Hull Moving Average formula aims to balance smoothness with reactivity, accomplished by combining Weighted Moving Averages at varying lengths. By subtracting a slower average from a faster one and then applying another smoothing step with the square root of the original length, the HMA is designed to respond more promptly to price changes than typical exponential or simple moving averages. The ATR component, introduced by J. Welles Wilder, calculates the average range of price movement over a user-defined period, allowing the script to assess volatility and adapt signals accordingly. VWAP provides a volume-weighted benchmark that many institutional traders track to gauge fair intraday value.
17. Originality and Uniqueness
Although multiple HMA-based indicators can be found, Uptrick: Zero Lag HMA Trend Suite sets itself apart by merging slope-based coloring, ATR thresholds, VWAP ribbons, up or down labels, and optional reversal signals all in one cohesive platform. This synergy aims to reduce chart clutter while still giving traders a comprehensive look at trend direction, volatility, and volume-based sentiment.
18. Summary
Uptrick: Zero Lag HMA Trend Suite is a specialized trading script designed to highlight potential market trends and reversals with minimal delay. It leverages the Hull Moving Average for an adaptive yet smooth price line, pairs ATR-based thresholds for detecting possible breakouts or dips, and provides VWAP-based ribbons for added volume-weighted context. Traders can further refine their entries and exits by enabling up or down signals and reversal labels (B) where price may revert toward the HMA. Suitable for a wide range of timeframes and instrument types, the script encourages a disciplined approach to trade management and risk control.
19. Disclaimer
This script is provided for informational and educational purposes only. Trading and investing involve significant financial risk, and no indicator can guarantee success under all conditions. Users should practice robust risk management, including the placement of stop losses and position sizing, and should confirm signals with additional analysis tools. The developer of this script assumes no liability for any trading decisions or outcomes resulting from its use.
Monthly, Quarterly OPEX & Vix expirations
OPEX Indicator:
The OPEX indicator is designed to provide traders with a visual representation of key options expiration dates, particularly for monthly, quarterly, and VIX options expirations. This indicator can be particularly helpful for market participants who focus on options-based strategies or those who track the impact of options expiration on price action.
The indicator overlays vertical lines and labels on the chart to highlight three key types of expiration events:
Monthly Equity and Index Expiration (OPEX): This marks the standard monthly options expiration dates for equity and index options.
Quarterly Index Expiration (Q): This indicates the quarterly expiration dates for index options, which tend to have a larger impact on the market.
Monthly VIX Expiration (VIXEX): This marks the monthly expiration of VIX options and futures, which are important for volatility traders.
How to Use the OPEX Indicator:
Expiration Dates on the Chart: The OPEX indicator marks expiration dates with vertical lines and labels that appear on the chart. These are customizable, allowing you to adjust the line and label colors to suit your preferences. The lines and labels will appear at specific times, such as the closing of the market on expiration days, allowing traders to prepare for potential volatility or other market dynamics associated with these events.
Customizable Colors and Label Positions: The indicator offers flexibility in customizing the appearance of expiration lines and labels. For each expiration type (OPEX, Quarterly, and VIXEX), you can adjust the line color, label color, and label text color. Additionally, the label text size and position can be customized (e.g., above the bar, below the bar, top or bottom of the chart). This allows for a tailored display that suits your trading style and chart layout.
Visualizing Impact of Expiration Events: Traders who track the influence of expiration events can use this indicator to spot potential market moves around expiration dates. For example, significant price swings often occur near expiration days as options traders adjust their positions. With this indicator, you can visualize these dates on your chart and analyze market behavior in the lead-up to, during, and after the expirations.
Input Options:
Expiration Types:
Monthly Equity, Index Expiration (OPEX): Turn on or off the monthly equity expiration markers.
Quarterly Index Expiration (Q): Turn on or off the quarterly expiration markers.
Monthly VIX Expiration (VIXEX): Turn on or off the VIX expiration markers.
Line and Label Customization:
Line Color: Adjust the color of the vertical lines marking the expiration events.
Label Color: Customize the color of the expiration labels.
Label Text Color: Adjust the color of the text inside the labels.
Label Position: Choose the position of the labels (e.g., top, bottom, above bar, below bar).
Use Cases:
Options Traders: Track options expiration dates to assess potential price swings or liquidity changes.
Volatility Traders: Watch for patterns around VIX options expirations.
Index Traders: Monitor quarterly expirations for potential market-moving events.
Example Use:
As a trader, you can apply this indicator to your chart and observe how price action reacts near expiration dates. For instance, on the monthly OPEX expiration day, you might notice increased volatility or an uptick in options-related price moves. By observing this trend over time, you can align your trades to capitalize on predictable movements around key expiration days.
Additionally, you may use the quarterly expiration markers to assess whether there’s typically a market shift during these periods, providing insights for long-term traders.
This indicator can be a helpful tool for preparing and managing trades around critical options expiration dates, helping to forecast potential market behavior based on historical patterns.
TradingView Community Guidelines Compliance: This script complies with TradingView's community guidelines by offering a clear and valuable function for traders, providing customizable inputs for enhanced usability. The script is focused on chart visualizations without manipulating or misrepresenting market data. It serves as an educational tool and a functional indicator, with no claims or misleading functionality. The indicator does not promote financial products or services and focuses solely on charting for better trading decision-making.
Falcon Liquidity Grab StrategyHow to Use This Script for Commodities and Indices
Best Timeframes: Start with 15-minute charts but test on higher timeframes like 1 hour for indices.
Risk Settings: Adjust the stop_loss_points and take_profit_multiplier to match the volatility of the chosen instrument.
VWAP Fibonacci Bands (Zeiierman)█ Overview
The VWAP Fibonacci Bands is a sophisticated yet user-friendly indicator designed to assist traders in visualizing market trends, volatility, and potential support/resistance levels. Developed by Zeiierman, this tool integrates the MIDAS (Market Interpretation Data Analysis System) methodology with Standard Deviation Bands and user-defined Fibonacci levels to provide a comprehensive market analysis framework.
This indicator is built for traders who want a dynamic and customizable approach to understanding market movements, offering features that adapt to varying market conditions. Whether you're a scalper, swing trader, or long-term investor.
█ How It Works
⚪ Anchor Point System
The indicator begins its calculations based on an anchor point, which can be set to:
A specific date for historical analysis or alignment with significant market events.
A timeframe-based reset, dynamically restarting calculations at the beginning of each selected period (e.g., daily, weekly, or monthly).
This dual-anchor method ensures flexibility, allowing the indicator to align with various trading strategies.
⚪ MIDAS Calculation
The MIDAS calculation is central to this indicator. It uses cumulative price and volume data to compute a volume-weighted average price (VWAP), offering a trendline that reflects the true value weighted by trading activity.
⚪ Standard Deviation Bands
The upper and lower bands are calculated using the standard deviation of price movements around the MIDAS line.
⚪ Fibonacci Levels
User-defined Fibonacci ratios are used to plot additional support and resistance levels between the bands. These levels provide visual cues for potential price reversals or trend continuations.
█ How to Use
⚪ Trend Identification
Uptrend: The price remains above the MIDAS line.
Downtrend: The price stays below the MIDAS line and aligns with the lower bands.
⚪ Support and Resistance
The upper and lower bands act as support and resistance levels.
Fibonacci levels provide intermediate zones for potential price reversals.
⚪ Volatility Analysis
Wider bands indicate periods of high volatility.
Narrower bands suggest low-volatility conditions, often preceding breakouts.
⚪ Overbought/Oversold Conditions
Look for the price beyond the upper or lower bands to identify extreme conditions.
█ Settings
Set Anchor Method
Anchor Method: Choose between Timeframe or Date to define the starting point of calculations.
Anchor Timeframe: For Timeframe mode, specify the interval (e.g., Daily, Weekly).
Anchor Date: For Date mode, set the exact starting date for historical alignment.
Set Std Dev Multiplier
Controls the width of the bands:
Higher values widen the bands, filtering out minor fluctuations.
Lower values tighten the bands for more responsive analysis.
Set Fibonacci Levels
Define custom Fibonacci ratios (e.g., 0.236, 0.382) to plot intermediate levels between the bands.
█ Tips for Fine-Tuning
⚪ For Trend Trading:
Use higher Std Dev Multipliers to focus on long-term trends and avoid noise. Adjust Anchor Timeframe to Weekly or Monthly for broader trend analysis.
⚪ For Reversal Trading:
Tighten the bands with a lower Std Dev Multiplier.
Use shorter anchor timeframes for intraday reversals (e.g., Hourly).
⚪ For Volatile Markets:
Increase the Std Dev Multiplier to accommodate wider price swings.
⚪ For Quiet Markets:
Decrease the Std Dev Multiplier to highlight smaller fluctuations.
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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!
Daily Asian RangeDaily Asian Range Indicator
This indicator is an enhanced version inspired by @toodegrees' "ICT Friday's Asian Range" indicator. While maintaining the core concepts, this version expands functionality for daily analysis and adds comprehensive customization options.
### Overview
The Asian Range indicator identifies and visualizes potential liquidity areas based on price action during the Asian session (8:00 PM - 12:00 AM ET). It plots both body and wick ranges along with multiple standard deviation levels that can serve as potential price targets or areas of interest.
### Features
- Flexible Display Options
- Choose between Body, Wick, or Both for range boxes and deviation lines
- Customizable colors, styles, and borders for all visual elements
- Historical sessions display (0-20 previous sessions)
- Advanced Standard Deviation Levels
- Multiple deviation multipliers (1.0, 1.5, 2.0, 2.3, 3.5)
- Separate visualization for body and wick-based deviations
- Clear labeling system for easy identification
- Precise Time Management
- Asian session: 8:00 PM - 12:00 AM ET
- Deviation lines extend through the following trading day
- Proper timezone handling for accuracy
### Usage
- Works on timeframes from 1 to 15 minutes
- Use the range boxes to identify key price levels from the Asian session
- Standard deviation levels can serve as potential targets or areas of interest
- Combine with other indicators for enhanced analysis
### Credits
Original concept and base implementation by @toodegrees
Enhanced and expanded by @Omarqqq
### Disclaimer
This indicator is for educational and informational purposes only. Always conduct your own analysis and use proper risk management.
