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Liquidation Ranges + Volume/OI Dots [Kioseff Trading]Hello! Introducing a multi-faceted indicator "Liquidation Ranges + Volume Dots" - this indicator replicates the volume dot tools found on various charting platforms and populates a liquidation range on crypto assets! Features Volume/OI dots populated according to user settings Size of volume/OI dots corresponds to degree of abnormality Naked level volume dots Fixed range capabilities for volume/OI dots Visible time range capabilities for volume/OI dots Lower timeframe data used to discover iceberg orders (estimated using 1-minute data) S/R lines drawn at high volume/OI areas Liquidation ranges for crypto assets (10x - 100x) Liquidation ranges are calculated using a popular crypto exchange's method # of violations of liquidation ranges are recorded and presented in table Pertinent high volume/OI price areas are recorded and presented in table Personalized coloring for volume/OI dots Net shorts / net long for the price range recorded Lines shows reflecting net short & net long increases/decreases Configurable volume/OI heatmap (displayed between liquidation ranges) And some more (: Liquidation Range The liquidation range component of the indicator uses a popular crypto exchange's calculation (for liquidation ranges) to populate the chart for where 10x - 100x leverage orders are stopped out. The image above depicts features corresponding to net shorts and net longs. The image above shows features corresponding to liquidation zones for the underlying coin. The image above shows the option to display volume/oi delta at the time the corresponding grid was traded at. The image above shows an instance of using the "fixed range" feature for the script. *The average price of the range is calculated to project liquidation zones. *Heatmap is calculated using OI (or volume) delta. Huge thank you to Pine Wizard @DonovanWall for his range filter code! Price ranges are automatically detected using his calculation (: Volume / OI Dots Similar to other charting platforms, the volume/OI dots component of the indicator distinguishes "abnormal" changes in volume/OI; the detected price area is subsequently identified on the chart. The detection method uses percent rank and calculates on the last bar of the chart. The "agelessness" of detection is contingent on user settings. The image above shows volume dots in action; the size of each volume dot corresponds to the amount of volume at the price area. Smaller dots = lower volume Larger dots = higher volume The image above exemplifies the highest aggression setting for volume/OI dot detection. The table oriented top-right shows the highest volume areas (discovered on the 1-minute chart) for the calculated period. The open interest change and corresponding price level are also shown. Results are listed in descending order but can also be listed in order of occurrence (most relevant). Additionally, you can use the visible time range feature to detect volume dots. The feature shows and explains how the visible range feature works. You select how many levels you want to detect and the script will detect the selected number of levels. For instance, if I select to show 20 levels, the script will find the 20 highest volume/OI change price areas and distinguish them. The image above shows a narrower price range. The image above shows the same price range; however, the script is detecting the highest OI change price areas instead of volume. * You can also set a fixed range with this feature * Naked levels can be used Additionally, you can select for the script to show only the highest volume/ OI change price area for each bar. When active, the script will successively identify the highest volume / OI change price area for the most recent bars. Naked Levels The image above shows and explains how naked levels can be detected when using the script. And that's pretty much it! Of course, there're a few more features you can check out when you use the script that haven't been explained here (: Thank you again to @DonovanWall Thank you to @Trendoscope for his binary insertion sort library (: Thank you to @PineCoders for their time library Thank you for checking this out!
Penunjuk Pine Script®
oleh KioseffTrading
61
Highs/Lows difference [OrganicPunch]Highs/Lows difference indicator To visually evaluate the difference between highs and lows of a price range. This handsome indicator shows: difference between highs of 2 candles by displaying it in green histogram difference between lows of 2 candles by displaying it in red histogram difference between both highs and lows by displaying a circle at the level of the difference To read the numerical value, point at the circle of the relevant bar you are interested in, and see the scale. Indicator is useful in creating strategies where you want to filter out consolidations/ranges (or to locate them), e.g. "Open trade when H/L difference is larger than 200", or "Look for candles with H/L difference lesser than 50". The exact value of needed H/L difference can be found using this indicator.
Penunjuk Pine Script®
oleh OrganicPunch
Open Range Breakout (ORB) with Alerts 🚀 ChartsAlgo – Open Range Breakout (ORB) with Alerts The Open Range Breakout (ORB) Indicator by ChartsAlg is designed for intraday traders looking to capitalize on price movements after the market’s opening range. This tool is especially effective for futures (MNQ, MES) and high-volatility stocks or crypto where initial volatility sets the tone for the session. This indicator identifies a user-defined opening range window, plots the high/low lines of that range, and visually alerts users when price breaks out above or below the range — with options to customize breakout repetitions, background fill, and alerts. 💡 What is an Open Range Breakout (ORB)? The opening range represents the high and low established during the first few minutes of the trading session — usually 15 or 30 minutes. Many intraday strategies are based on the idea that breaking out of this initial range often signals strong momentum and trend continuation. Traders often enter: Long when price breaks above the range high. Short when price breaks below the range low. ⚙️ How It Works You define a session window (e.g., 09:30–09:45 EST). The indicator tracks the high and low during this time. Once the session ends, the high and low become your range breakout levels. The indicator then: Plots lines for visual clarity Optionally fills background between the range Triggers breakout signals if price crosses the levels Provides alerts when breakouts occur 🛠️ Settings Breakdown 🔹 Session Settings Range Session: Set your preferred window (e.g., 0930–0945). Can be premarket, first 30 mins, or any custom time. Time zone: Use "America/New York" for EST (default) or change to "GMT+0" for international traders. 🔹 Breakout Settings Bullish Breakout Signals: Number of allowed breakout alerts above the range. Bearish Breakout Signals: Number of allowed breakout alerts below the range. This prevents repeated alerts once breakout has been confirmed. 🔹 Display Settings Show Background Fill: Fills area between high/low of the range for easier visual analysis. Show Breakout Signals: Triangle markers plotted on the chart when breakouts happen. Only Show Today’s Range: Keeps the chart clean by showing only the most current day’s range. 🔹 Color Settings Range High/Low Line Colors: Choose any color for clarity. Range Fill Color: Customize the highlight area for your chart style. 📊 Chart Features Range High/Low Lines: Automatically plotted after range session ends. Visual Fill Box: Optional background shading between the opening range. Triangle Breakout Markers: Appear at the breakout candle. Alerts: Can be used with TradingView’s alert system to notify you of breakouts in real-time. 🔔 Alerts Two alert conditions are built in: Bullish Breakout: Triggers when price breaks above the high of the range. Bearish Breakout: Triggers when price breaks below the low of the range. Example Alert Message: 📈 “Bullish Breakout above Open Range on AAPL!” To activate: Click “🔔 Alerts” on TradingView. Set condition to this script. Choose “ORB Breakout Up” or “ORB Breakout Down”. Choose alert frequency and notification method. ⚠️ DISCLAIMER ChartsAlgo tools are for informational and educational purposes only. They are not financial advice or signals. Past performance does not guarantee future results. Use at your own risk and always implement solid risk management. By using this indicator, you agree that you are solely responsible for any trades or decisions made based on the information provided.
Penunjuk Pine Script®
oleh ChartsAlgo
Option Range Projector PRO (with Alerts)Indicator Name: Option Range Projector PRO (with Alerts) Short Description This is a powerful and flexible tool for traders that visualizes expected price movement ranges based on option pricing principles and statistical deviations. The indicator plots standard deviation levels (Sigmas) and boundaries calculated from the price of an options Straddle, providing a unique insight into market volatility expectations. It is ideal for options traders, as well as those who trade futures or spot assets and want to gain an edge by understanding where the market anticipates price boundaries on a specific date. Core Concepts The indicator is based on three key ideas: Standard Deviation (Sigma, σ): In statistics, this is a measure of value dispersion. In trading, when applied to prices, standard deviation levels show the probable range within which the price is expected to remain until a specific date (expiration). ±1σ (1 Sigma): Approximately 68.2% probability that the price will stay within this range. ±2σ (2 Sigmas): Approximately 95.4% probability. These levels often act as strong support/resistance. ±3σ (3 Sigmas): Approximately 99.7% probability. Reaching these levels is a statistically rare event. Implied Volatility (IV): This is a key component. IV is the market's forecast of the asset's future volatility. It is derived from current option prices and reflects how significant the price movements are expected to be by traders. The higher the IV, the wider the calculated ranges will be. Straddle-Based Levels: A straddle is an options strategy involving the simultaneous purchase of a Call and a Put option with the same strike price and expiration date. The cost of this combination (Call + Put) directly reflects the market's expected price movement in points. Our indicator uses this value to construct alternative, highly accurate boundaries of the expected range. Key Features Flexible Expiration Choice: Easily switch between standard contracts (Weekly, Monthly, Quarterly) or set any custom number of days to expiration (DTE). Dual Volatility Calculation Mode: Use automatic calculation based on historical data or enter a precise IV value manually (e.g., from your broker's terminal) for maximum accuracy. Two Types of Predictive Levels: Visualize classic standard deviations (Sigmas) and/or levels calculated from the Straddle price for a comprehensive analysis. Expiration Comparison: Enable the display of additional levels for a different expiration date to visually compare short-term and long-term market expectations. "Greeks" Calculation: The indicator calculates and displays key option Greeks (Delta, Gamma, Theta, Vega), helping to deepen the understanding of an option position's characteristics. Informative Table: All key data—ATM price, IV, DTE, level prices, Greeks, and option prices—are consolidated into one clear table for quick analysis. Customizable Alerts: Get instant notifications directly in TradingView when the price crosses any of the important levels (±1σ, ±2σ, ±3σ). Full Visual Customization: Control colors, line thickness, labels, and zone fills to adapt the indicator to your trading style. How to Use (Settings) Price Settings: Auto-detect ATM Price: When enabled, the indicator will use the current closing price as the At-The-Money (ATM) price. Manual ATM Price: If auto mode is disabled, you can set a precise ATM price manually. Volatility Settings: Auto-calculate IV: Calculates historical volatility over a specified period. Useful if you don't have access to real-time IV. Manual IV Value: (Recommended for accuracy). Enter the Implied Volatility (IV) value for the desired strike from your brokerage terminal or analytical services here. Expiration: Contract Type: Choose one of the standard terms (Weekly, Monthly, Quarterly) or "Custom" to use a manual day input. Days to Expiration: Active only for the "Custom" type. Show Multiple Expirations: Enables a second set of levels with a different term for comparison. Straddle Boundaries: Use Manual Input: Allows you to enter the precise Call and Put Settle prices from the official exchange summary (e.g., from the CME website). This provides the most accurate boundaries based on real market prices. Trading Ideas and Application Mean Reversion Trading: The ±2σ and ±3σ levels often act as strong overbought/oversold zones. A price reaching these extreme values has a high statistical probability of reversing or correcting back towards the central ATM price. Trend Confirmation and Breakouts: A confident close outside the ±1σ range can indicate the beginning of a strong directional move. Risk Management: Use the levels to set stop-losses or determine profit targets. For example, when opening a trade near the +1σ level, you might consider a target at +2σ and place a stop-loss behind the ATM level. Volatility Analysis: By comparing the width of the ranges for different expirations, you can assess how the market is pricing short-term versus long-term risks. A narrow range suggests low expectations, while a wide range indicates high ones. Disclaimer: This indicator is an analysis tool and does not provide direct financial advice or trading signals. All trading decisions are your own. Use this indicator in conjunction with other analysis methods.
Penunjuk Pine Script®
oleh VitaliyBer
ATR RopeATR Rope is inspired by DonovanWall's "Range Filter". It implements a similar concept of filtering out smaller market movements and adjusting only for larger moves. In addition, this indicator goes one step deeper by producing actionable zones to determine market state. (Trend vs. Consolidation) > Background When reading up on the Range Filter indicator, it reminded me exactly of a Rope stabilization drawing tool in a program I use frequently. Rope stabilization essentially attaches a fixed length "rope" to your cursor and an anchor point (Brush). As you move your cursor, you are pulling the brush behind it. The cursor (of course) will not pull the brush until the rope is fully extended, this behavior filters out jittery movements and is used to produce smoother drawing curves. If compared visually side-by-side, you will notice that this indicator bears striking resemblance to its inspiration. > Goal Other than simply distinguishing price movements between meaningful and noise, this indicator strives to create a rigid structure to frame market movements and lack-there-of, such as when to anticipate trend, and when to suspect consolidation. Since the indicator works based on an ATR range, the resulting ATR Channel does well to get reactions from price at its extremes. Naturally, when consolidating, price will remain within the channel, neither pushing the channel significantly up or down. Likewise, when trending, price will continue to push the channel in a single direction. With the goal of keeping it quick and simple, this indicator does not do any smoothing of data feeds, and is simply based on the deviation of price from the central rope. Adjusting the rope when price extends past the threshold created by +/- ATR from the rope. > Features & Behaviors - ATR Rope ATR Rope is displayed as a 3 color single line. This can be considered the center line, or the directional line, whichever you'd prefer. The main point of the Rope display is to indicate direction, however it also is factually the center of the current working range. - ATR Rope Color When the rope's value moves up, it changes to green (uptrend), when down, red (downtrend). When the source crosses the rope, it turns blue (flat). With these simple rules, we've formed a structure to view market movements. - Consolidation Zones Consolidation Zones generate from "Flat" areas, and extend into subsequent trend areas. Consolidation is simply areas where price has crossed the Rope and remains inside the range. Over these periods, the upper and lower values are accumulated and averaged together to form the "Consolidation Zone" values. These zones are draw live, so values are averaged as the flat areas progress and don't repaint, so all values seen historically are as they would appear live. - ATR Channel ATR Channel displays the upper and lower bounds of the working range. When the source moves beyond this range, the rope is adjusted based on the distance from the source to the channel. This range can be extremely useful to view, but by default it is hidden. > Application This indicator is not created to provide signals, or serve as a "complete" system. (People who didn't read this far will still comment for signals. :) ) This is created to be used alongside manual interpretation and intuition. This indicator is not meant to constrain any users into a box, and I would actually encourage an open mind and idea generation, as the application of this indicator can take various forms. > Examples As you would probably already know, price movement can be fast impulses, and movement can be slow bleeds. In the screenshot below, we are using movements from and to consolidation zones to classify weak trend and strong trend. As you can see, there are also areas of consolidation which get broken out of and confirmed for the larger moves. Author's Note: In each of these examples, I have outlined the start and end of each session. These examples come from 1 Min Future charts, and have specifically been framed with day trading in mind. "Breakout Retest" or "Support/Resistance Flips" or "Structure Retests" are all generally the same thing, with different traders referring to them by different names, all of which can be seen throughout these examples. In the next example, we have a day which started with an early reversal leading into long, slow, trend. Notice how each area throughout the trend essentially moves slightly higher, then consolidates while holding support of the previous zone. This day had a few sharp movements, however there was a large amount of neutrality throughout this day with continuous higher lows. In contrast to the previous example, next up, we have a very choppy day. Throughout which we see a significant amount of retests before fast directional movements. We also see a few examples of places where previous zones remained relevant into the future. While the zones only display into the resulting trend area, they do not become immediately meaningless once they stop drawing. > Abstract In the screenshot below, I have stacked 2 of these indicators, using the high as the source for one and the low as the source for the other. I've hidden lines of the high and low channels to create a 4 lined channel based on the wicks of price. This is not necessary to use the indicator, but should help provide an idea of creative ways the simple indicator could be used to produce more complicated analysis. If you've made it this far, I would hope it's clear to you how this indicator could provide value to your trading. Thank you to DonovonWall for the inspiration. Enjoy!
Penunjuk Pine Script®
oleh SamRecio
7
FxCanli RangeFxCanli Range is an indicator based on ICT Internal Range and External Range concept. What is ICT Internal Range Liquidity? The Fair Value Gap is marked as the ICT internal range liquidity. ICT Fair Value Gap is marked as the liquidity because it is a formation of three candles leaving an area between high and low of 1st and 3rd candle where price do not overlap. FxCanli Range Indicator draws all Internal Ranges above explaining the ICT internal range liquidity. What is Imbalance (FVG)? Fair Value Gaps are price jumps caused by imbalanced buying and selling pressures. A bullish Fair Value Gap is created when there is a gap between the high of the first candle and the low of the third candle. A bearish Fair Value Gap is created when there is a gap between the low of the first candle and the high of the third candle. What is ICT External Range Liquidity? The swing high and swing low of an ICT dealing range are termed as external range. The high of an ICT dealing range is termed as “buy side liquidity” assuming the buy stops rest above the high of dealing range. While the low of an ICT dealing range is known as “sell side liquidity” assuming the sell stops resting below the low of dealing range. FxCanli Range Indicator draws all External Ranges above explaining the ICT external range liquidity 🔶 USAGE & EXAMPLES As ICT said us, Price moves 2 side, Internal Liquidity or External Liquidity External Range Liquidity to Internal Range Liquidity When price reached to External Range, it will sweep the External Range Liquidity at that time, we have to wait price to reverse and start to move to Internal range liquidity (FVG) our strategy has to be like this; we have to open 2 time less lower time frame if we are at 1 hour chart, we have to open 1Hour - 15 min - 5 min chart and wait for Trend Reversal pattern at there Internal Range Liquidity to External Range Liquidity When price reached to Internal Range(FVG), it will fill the imbalance at that time, we have to wait price to reverse and start to move to External Range Liquidity. Again we have to decrease our time frame 2 times. if we are at 1 hour chart, we have to open 1Hour -> 15 min -> 5 min chart and wait for Trend Reversal pattern at there 🔶 SETTINGS With the settings; ▪️ Fractal Properties; it will show fractals or not, you will decide the period of fractals, Style, Color and also Size of the fractal ▪️ Trend Line Properties; it will show trend or not, you will decide the color of the trend, line style, and line width. ▪️ External Range Properties; it will show external range or not, Color of the level, line style, line witdh, show text of the external range, what will it write at the text, place/size/color of the text, show time frame, show price, ▪️ Internal Range Properties; it will show internal range or not, Color of the level, line style, line witdh, show text of the external range, what will it write at the text, place/size/color of the text, show time frame, show price, ▪️ Alert Conditions you will set alerts at this part Alert or not, liquidity(External Range) alerts, FVG(Internal Range) alerts, FVG filled alert Part 1 Part 2 Wish you great trades...
Penunjuk Pine Script®
oleh FxCanli
Expected Move BandsExpected Moves The Expected Move of a security shows the amount that a stock is expected to rise or fall from its current market price based on its level of volatility or implied volatility. The expected move of a stock is usually measured with standard deviations. An Expected Move Range of 1 SD shows that price will be near the 1 SD range 68% of the time given enough samples. Expected Move Bands This indicator gets the Expected Move for 1-4 Standard Deviation Ranges using Historical Volatility. Then it displays it on price as bands. The Expected Move indicator also allows you to see MTF Expected Moves if you want to. This indicator calculates the expected price movements by analyzing the historical volatility of an asset. Volatility is the measure of fluctuation. This script uses log returns for the historical volatility calculation which can be modelled as a normal distribution most of the time meaning it is symmetrical and stationary unlike other scripts that use bands to find "reversals". They are fundamentally incorrect. What these ranges tell you is basically the odds of the price movement being between these levels. If you take enough samples, 95.5% of the them will be near the 2nd Standard Deviation. And so on. (The 3rd Standard deviation is 99.7%) For higher timeframes you might need a smaller sample size. Features MTF Option Parameter customization
Penunjuk Pine Script®
oleh Traders_Endeavors
1
Volumetric Toolkit [LuxAlgo]The Volumetric Toolkit is a complete and comprehensive set of tools that display price action-related analysis methods from volume data. A total of 4 features are included within the toolkit. Symbols that do not include volume data will not be supported by the script. 🔶 USAGE The volumetric toolkit puts a heavy focus on price action, returning support/resistance levels, ranges, volume divergences...etc. The main premise between each feature is that volume has a direct relationship with market participants level of interest over a specific symbol, and that this interest is not constant over time. Each individual feature is detailed below. 🔹 Ranges Of Interest The Ranges Of Interest construct a range from a surge of high liquidity in the market. This range is constructed from the price high and price low of the candle with the associated significant liquidity. The returned extremities can be used as support and resistance, with breakouts often being accompanied by significant liquidity as well, suggesting potential trend continuations. The length setting associated with this feature determines how sensitive the range detection algorithm is to volume, with higher values requiring more significant volume in order to display a new range. 🔹 Impulses Impulses highlight times when volume makes a new higher high while the price makes a new higher high or lower low, suggesting increased market participation. When this occurs when the price makes a new higher high the impulse is considered bullish (green), if the price makes a new lower low the impulse is bearish (red). Impulses occurring within an established trend opposite to it (e.g a bearish impulse on an uptrend) might be indicative of reversals. The length setting works similarly to the previously described ranges of interest, with higher values requiring longer-term volume higher high and price higher high/lower low, highlighting more significant impulse and potentially longer-term reversals. 🔹 Levels Of Interest Levels of interest display price levels of significant trading activity, contrary to the range of interest only the closing price is taken into account, also volume peaks are used to detect significant trading activity. Note that this feature is subject to backpainting, that is lines are set retrospectively. Users can determine the amount of most recent levels to display on the chart. These can be used as classical support/resistances. 🔹 Volume Divergence We define volume divergence as a decreased market participation while a trend is still developing. More precisely volume divergences are highlighted if volume makes a lower high while price is making a new higher high/lower low. This can be indicative of a lack of further participation in the current trend, indicating a potential reversal. Using higher length values will return longer-term divergences. Note that this feature is subject to backpainting, that is lines are set retrospectively. 🔶 SETTINGS 🔹 Ranges Of Interest Show Ranges Of Interest: Display Ranges Of Interest. Length: Ranges Of Interest sensitivity to volume. 🔹 Impulses Show Impulses: Display Ranges Of Interest. Length: Impulses sensitivity to volume. 🔹 Levels Of Interest Show: Determine if Levels Of Interest are displayed, and how many from the most recent. Length: Level detection sensitivity to volume. 🔹 Volume Divergences Show Divergences: Determine if Volume Divergences are displayed. Length: Period for the detection of price tops/bottoms and volume peaks.
Penunjuk Pine Script®
oleh LuxAlgo
6
$0 Monthly Weekly & Daily OHLC Viewer Visualizer of current or previous month(s), week(s) & days ranges Purpose: View last Monthly, Weekly, Daily, and/or a custom time interval OHLC, i.e. previously closed/confirmed or the ongoing higher time interval ranges Main configurations available: - 2 main reporting modes: View the current/ongoing M/W/D candles' OHLC (live, repaints) or report OHLC of last closed ones, i.e. previous Montly, Weekly and/or Daily - View only latest Monthly, Weekly and/or Daily OHLC (lines) or all past ones (~channel) - Set your own time interval for its price range(s) to be reported, e.g. last quarter '3M', 12H '720', or hide it - View one specific day of the week OHLC reported all over the week Graphic/visual configuration: - Show the High & Low levels or not - Show the Open & close levels or not - Display a background color between top & down or lines only - Change the background color depending if is/was rising or falling price - Highlight the top & down breaches of higher timeframe resolution candles: Daily breaching last Weekly range, and/or the Weekly the Monthly one - Colors & styling can be edited from the indicator's styling configuration panel Depending on its expected usage, those configurations enable to: - Consider previously closed candles OLHC as reference top & down ranges (support & resistance, breaches) - Review chart's current candles evolution within their higher time interval / candle (M/W/D) - Consider specific week days' range as a reference for the week trend - Have a general overview of the market evolution trends Default config is to view current candles evolving within their higher time interval / candle, while reporting last previously closed M+W is a preferred usage. Play with the config settings to find your setup. View ongoing M+W+D OHLC with dynamic background color: View previously closed M+W+D OHLC: View closed H&L for M+W+D, latest only: View Mondays' OHLC: Feedback & support welcome.
Penunjuk Pine Script®
oleh Jabba01
26
TrendWave Pro EMATrendWave Pro EMA is your ultimate all-in-one trend trading toolkit! 🛠️ Designed for clarity and power, this indicator provides crystal-clear buy & sell signals, advanced confirmation tools, and rock-solid risk management features. It’s built around a dynamic EMA channel and a powerful ATR algorithm to help you catch and ride market trends like a pro. If you're looking for a single indicator to define trends, generate entry signals, spot choppy markets, and manage trades with a visual Stop Loss system, your search is over. 📈 Recommended Timeframe: For peak performance and accuracy, use this indicator on 15-minute timeframes or higher (e.g., 1-hour, 4-hour). ⚙️ How It Works: Core Components This indicator combines several powerful modules into one seamless trading system. 1. EMA Trend Band (The "TrendWave") 🌊 This is the engine of the indicator. It features a 100-period EMA of the close, hugged by an upper band (from the high) and a lower band (from the low). 🔵 Blue Midline: Signals a potential uptrend or bullish momentum. 🔴 Red Midline: Signals a potential downtrend or bearish momentum. ⚪ Gray Midline: Suggests a consolidating or neutral market. The vibrant fill between the bands gives you an instant read on the current trend. 2. ATR-Based Buy & Sell Signals 🎯 The "Buy" and "Sell" labels are powered by a smart Chandelier Exit logic using the Average True Range (ATR). This is designed to capture momentum while filtering out distracting market noise. 🟢 Buy Signal: Appears when the price shows strong upward thrust and breaks above the calculated trailing stop. 🔴 Sell Signal: Appears when the price shows strong downward pressure and breaks below the calculated trailing stop. 3. Visual Stop Loss System 🛡️ Risk management made easy! This critical feature plots your stop loss directly on the chart, activating automatically with every new signal. Choose your style: 💰 Fixed Amount: Set a precise price distance for your SL (e.g., $3.11). 📊 Percentage: Use a percentage of your entry price (e.g., 2%). 📈 ATR Trailing: A dynamic trailing stop that follows the price to lock in profits. It moves up in an uptrend and down in a downtrend, but never against you! 💎 Additional Confirmation Tools To boost your confidence and trade accuracy, TrendWave Pro EMA comes packed with optional tools: 🔗 Three Customizable Moving Averages: Add up to three of your favorite MAs (EMA, SMA, WMA, etc.) for extra confluence. 🛰️ Super SSL Channel: A secondary trend-following channel. A green line confirms bullish sentiment, while a red line confirms bearish control. 😴 Range Detector: This unique tool automatically highlights boring, sideways markets. Avoid trading when the price is trapped in the green "no-trade" zone! The box flips blue on a bullish breakout and red on a bearish one. 🕯️ Price Action Candlesticks: Get extra confirmation by automatically detecting key patterns: Pin Bars: 🔵 for bullish, 🔴 for bearish Shaved Bars: 💧 for bullish, 🌺 for bearish Inside Bars: 🟡 Outside Bars: 🟠 📖 How to Use Identify the Main Trend: Use the color of the EMA Trend Band and the Super SSL Channel to see the big picture. Wait for a Signal: Look for a "Buy" signal in an uptrend or a "Sell" signal in a downtrend. Seek Confirmation: For A+ setups, look for confirming factors like a bounce from an MA or a strong candlestick pattern. Avoid Ranging Markets: See the green Range Detector box? That's a sign to sit on your hands and wait for a clear breakout. Manage Your Risk: Use the Visual Stop Loss line that appears with your signal. Set it and forget it! 👋 Feedback and Suggestions This indicator is always evolving. For any feedback, questions, or cool ideas, hit me up on Telegram: @Nisar847
Penunjuk Pine Script®
oleh mian847
Tight Range Display with Background🌟 Tight Range Transparency Display with Background What Is This Indicator? Hey traders! Ever wanted a simple way to spot those quiet, low-volatility moments in the market that often signal a big move is coming? The Tight Range Transparency Display with Background does exactly that! This indicator highlights periods where the price is moving in a tight range—think of it as the calm before the storm. It paints the chart background blue to show these zones, with the shade getting darker the tighter the range becomes. It’s like having a visual cue to say, “Hey, something might be brewing here!” Why You’ll Love It Spot Key Moments Easily: The blue background makes it super easy to see when the market is in a tight range, which often happens before breakouts or big trends. Customizable Settings: You can tweak the range thresholds to match your trading style—whether you’re looking for super tight zones or slightly broader ones. Visual Clarity: The background gets darker when the range is tighter, giving you a quick sense of how compressed the price action is. Perfect for Any Market: Works on stocks, forex, crypto, or any chart you trade, across any timeframe. How to Use It Add It to Your Chart: Just copy this script into TradingView’s Pine Editor and hit "Add to Chart." It’ll overlay right on your price chart. Tweak the Settings: Open the indicator settings and use the dropdown menus to pick your preferred "Tight Range %" and "Wide Range %." For example, set a Tight Range % of 2.0% to catch smaller ranges, or go higher like 10.0% for broader ones. You can also adjust the ATR Period (default is 5) to make the indicator more or less sensitive to recent price swings. Watch for the Blue Background: When the price enters a tight range, the chart background turns blue. The darker the blue, the tighter the range—meaning a potential breakout could be closer! Trade Smarter: Use these tight range zones to prepare for potential breakouts. For example, if you see a dark blue background, it might be a good time to watch for a big price move. Pair this with other tools like support/resistance levels or volume spikes to confirm your trades. Who Is This For? Swing Traders: Perfect for spotting consolidation zones before a big swing. Breakout Traders: Tight ranges often lead to breakouts—use this to time your entries. Smart Money Followers: If you’re into smart money concepts, tight ranges can signal accumulation or distribution phases. Beginners & Pros Alike: It’s easy to use for new traders but powerful enough for seasoned pros. Real-World Example Imagine you’re trading a stock on a 1-hour chart. You notice the background turns blue, and it’s getting darker over a few bars. This tells you the price range is tightening—maybe the stock is consolidating after a big move. You check your other indicators, see a volume spike, and spot a breakout above resistance. Boom! You catch the next big trend, all because this indicator helped you focus on the right moment. Tips for Best Results Try Different Timeframes: Tight ranges on a 15-minute chart might signal short-term moves, while a daily chart could highlight bigger trends. Adjust for Your Market: For volatile markets like crypto, you might want a higher Tight Range % (e.g., 10.0%). For calmer markets like forex, try a lower setting (e.g., 2.0%). Combine with Other Tools: Use this alongside trendlines, moving averages, or volume indicators to confirm your setups. Why I Made This I created this indicator because I wanted a simple, visual way to spot those critical low-volatility zones without cluttering my chart. The dynamic background color makes it intuitive to see when the market is “coiling up” for a potential move. I hope it helps you find better trading opportunities just like it does for me! Let’s Connect If you find this indicator helpful, I’d love to hear about it! Drop a comment or a rating to let me know how it’s working for you. Got ideas to make it even better? Feel free to message me on TradingView—I’m always open to suggestions. Published On Date: May 22, 2025 Happy trading, and may your charts always be in your favor! 🚀 How to Publish on TradingView Open Pine Editor: On TradingView, open a chart and go to the Pine Editor tab at the bottom. Paste the Code: Copy the script you provided and paste it into the Pine Editor. Compile: Click "Add to Chart" to ensure it compiles without errors. Publish: Click the "Publish Script" button (paper plane icon) in the Pine Editor. Select "Publish New Script." Add the Description: Title: "Tight Range Transparency Display with Background" Description: Copy the content above into the description field. Visibility: Choose "Public" to share with everyone (or "Invite-Only" for restricted access). Tags: Add tags like "tight range", "breakout", "smart money", "volatility", "swing trading". Screenshot: Add a screenshot of the indicator on a chart, showing the blue background during a tight range. Submit: Click "Publish" to submit. TradingView will review it and make it live if it meets their guidelines. Additional Notes Screenshot Tip: Use a chart where the blue background is clearly visible (e.g., during a consolidation period) to make the indicator’s effect stand out. Engage with Users: After publishing, respond to comments and feedback to build a positive reputation on TradingView. This content is designed to be approachable and engaging, helping traders understand the value of your indicator and encouraging them to try it out.
Penunjuk Pine Script®
oleh rakeshhelva
Normalized True Range - Grouped by WeekdaysThis indicator helps traders analyze daily volatility patterns across different days of the week by calculating normalized price ranges. Unlike traditional volatility measures, it uses a normalized approach by dividing the daily range (high-low) by the midpoint price and multiplying by 100, providing a percentage-based measure that's comparable across different price levels. This normalization makes it particularly useful for comparing volatility patterns across different assets or time periods. The indicator also includes a statistical overlay that highlights extreme volatility events. By calculating the 5th and 95th percentiles of the normalized ranges within your specified date range, it creates upper and lower bounds that help identify outlier days where volatility was exceptionally high or low. These bounds appear as horizontal lines on the chart, making it easy to spot when current volatility breaks out of its historical norms. The data is presented in both visual and tabular formats, with a comprehensive table showing the maximum, minimum, average, and 25th percentile ranges for each day of the week. This dual presentation allows traders to both quickly spot patterns visually and access detailed statistics for deeper analysis. The user can customize the analysis period through simple date range inputs, making it flexible for different analytical timeframes.
Penunjuk Pine Script®
oleh joe96207
Judas Swing ICT 01 [TradingFinder] New York Midnight Opening M15🔵 Introduction The Judas Swing (ICT Judas Swing) is a trading strategy developed by Michael Huddleston, also known as Inner Circle Trader (ICT). This strategy allows traders to identify fake market moves designed by smart money to deceive retail traders. By concentrating on market structure, price action patterns, and liquidity flows, traders can align their trades with institutional movements and avoid common pitfalls. It is particularly useful in FOREX and stock markets, helping traders identify optimal entry and exit points while minimizing risks from false breakouts. In today's volatile markets, understanding how smart money manipulates price action across sessions such as Asia, London, and New York is essential for success. The ICT Judas Swing strategy helps traders avoid common pitfalls by focusing on key movements during the opening time and range of each session, identifying breakouts and false breakouts. By utilizing various time frames and improving risk management, this strategy enables traders to make more informed decisions and take advantage of significant market movements. In the Judas Swing strategy, for a bullish setup, the price first touches the high of the 15-minute range of New York midnight and then the low. After that, the price returns upward, breaks the high, and if there’s a candlestick confirmation during the pullback, a buy signal is generated. bearish setup, the price first touches the low of the range, then the high. With the price returning downward and breaking the low, if there’s a candlestick confirmation during the pullback to the low, a sell signal is generated. 🔵 How to Use To effectively implement the Judas Swing strategy (ICT Judas Swing) in trading, traders must first identify the price range of the 15-minute window following New York midnight. This range, consisting of highs and lows, sets the stage for the upcoming movements in the London and New York sessions. 🟣 Bullish Setup For a bullish setup, the price first moves to touch the high of the range, then the low, before returning upward to break the high. Following this, a pullback occurs, and if a valid candlestick confirmation (such as a reversal pattern) is observed, a buy signal is generated. This confirmation could indicate the presence of smart money supporting the bullish movement. 🟣 Bearish Setup For a bearish setup, the process is the reverse. The price first touches the low of the range, then the high. Afterward, the price moves downward again and breaks the low. A pullback follows to the broken low, and if a bearish candlestick confirmation is seen, a sell signal is generated. This confirmation signals the continuation of the downward price movement. Using the Judas Swing strategy enables traders to avoid fake breakouts and focus on strong market confirmations. The strategy is versatile, applying to FOREX, stocks, and other financial instruments, offering optimal trading opportunities through market structure analysis and time frame synchronization. To execute this strategy successfully, traders must combine it with effective risk management techniques such as setting appropriate stop losses and employing optimal risk-to-reward ratios. While the Judas Swing is a powerful tool for predicting price movements, traders should remember that no strategy is entirely risk-free. Proper capital management remains a critical element of long-term success. By mastering the ICT Judas Swing strategy, traders can better identify entry and exit points and avoid common traps from fake market movements, ultimately improving their trading performance. 🔵 Setting Opening Range : High and Low identification time range. Extend : The time span of the dashed line. Permit : Signal emission time range. 🔵 Conclusion The Judas Swing strategy (ICT Judas Swing) is a powerful tool in technical analysis that helps traders identify fake moves and align their trades with institutional actions, reducing risk and enhancing their ability to capitalize on market opportunities. By leveraging key levels such as range highs and lows, fake breakouts, and candlestick confirmations, traders can enter trades with more precision. This strategy is applicable in forex, stocks, and other financial markets and, with proper risk management, can lead to consistent trading success.
Penunjuk Pine Script®
oleh TFlab
3
Twin Range Filter VisualizedVisulaized version of @colinmck's Twin Range Filter version on TradingView. On @colinmck's Twin Range Filter version, you can only see Long and Short signals on the chart. But in this version of TRF, users can visually see the BUY and SELL signals on the chart with an added line of TRF. TRF is an average of two smoothed Exponential Moving Averages, fast one has 27 bars of length and the slow one has 55 bars. The purpose is to obtain two ranges that price fluctuates between (upper and lower range) and have LONG AND SHORT SIGNALS when close price crosses above the upper range and conversely crosses below lower range. I personally combine the upper and lower ranges on one line to see the long and short signals with my own eyes so, -BUY when price is higher or equal to the upper range level and the indicator line turns to draw the lower range to follow the price just under the bars as a trailing stop loss indicator like SuperTrend. -SELL when price is lower or equal to the lower range levelline under the bars and then the indicator line turns to draw the upper range to follow the price just over the bars in that same trailing stop loss logic. There are also two coefficients that adjusts the trailing line distance levels from the price multiplying the effect of the faster and slower moving averages. The default values of the multipliers: Fast range multiplier of Fast Moving Average(27): 1.6 Slow range multiplier of fSlow Moving Average(55): 2 Remember that if you enlarge these multipliers you will enlarge the ranges and have less but lagging signals. Conversely, decreasing the multipliers will have small ranges (line will get closer to the price and more signals will occur)
Penunjuk Pine Script®
oleh KivancOzbilgic
23
ICT Friday's Asian Range°This concept was engineered and taught by the Inner Circle Trader . The goal of this script is to outline a potential draw on liquidity for the next trading week. It gives a parameter for ICT PD Arrays to be located above and below the marketplace and should be used in conjunction with the higher Timeframe Arrays as defined by ICT. If there is a higher Timeframe array with a standard deviation confluence of the Friday Asian Range it is considered high probability for price to reach up/down to that level, and present a potential retracement or reversal. The Asian Range is defined as the window of Time between 7PM to Midnight New York Time. In this case we will be only using the Friday's Asian Range which will take place on Thursday between these Times. We have two ranges: a Body range made of the highest and lowest candle bodies, and a Wick range made by the highest and lowest candle wicks. ICT teaches that we only want to apply this concept to the 5minute and 15minute chart. THIS SCRIPT WILL NOT WORK ON ANY OTHER TIMEFRAME OUT OF THE BOX Framework: Visualization: Example:
Penunjuk Pine Script®
oleh toodegrees
9
Consolidation Range Tracker[Trendoscope]🎲 Introducing Consolidation Range Tracker: Visualising Price Consolidation after Impulsive Moves ConsolidationRangeTracker is an innovative indicator designed to assist traders in identifying and tracking price consolidation zones following impulsive market moves. This indicator is built on Auto Motive Wave indicator and Interactive Motive Wave indicator. This is also an attempt to plot Wyckoff Distribution pattern. But, instead of implying the price movement after consolidation, we are just leaving it to the interpretation of the users. 🎲 Process Find impulse wave using the methods defined in Auto Motive Wave indicator and Interactive Motive Wave indicator Define the range of consolidation based on predefined ratio (available as input settings) Track the price movement within range along with number of bars and cumulative volume. When price breaks out of the range, check if price ranged long enough to consider it as consolidation. Retain the drawings and visualisation if the consolidation is confirmed before the breakout. Or else, remove them from the chart to keep it clean. Overall output can be visualised as Note : Patterns will not be there on the chart every time. It is normal for indicator not to show any drawings or patterns on the chart. 🎲 Stages of the Indicator 🎯 When an Impulse is formed When an impulse wave is detected, wave is drawn on the chart along with details such as number of bars and volume spawning the impulse wave and the calculated range based on the input value. An alert of new impulse is also triggered if configured for alerts. 🎯 When an Impulse is updated When price extends further without consolidating, the impulse wave is also updated to consider the latest values. This repaint is expected and as designed. We will also trigger an alert related to update of an impulse wave. 🎯 Update of range as and when it happens Range is not bound and it keeps moving based on the highest and lowest price. Value of range is constant and it is calculated based on certain ratio of impulse as configured in settings. But, this range can move up and down based on which direction the price moves. For example, this is the initial range when the impulse wave is formed. But, after certain bars, we can see that the range shift slightly up because, price has more upward movement than downward. No alerts are triggered during this phase. 🎯 Confirmed consolidation Consolidation range is confirmed after price range through certain bars with respect to number of bars involved in the impulse wave. The default setting of 1 for range bar ratio means that range is confirmed when price ranges for same number of bars as that of impulse. An alert is triggered when consolidation range is confirmed. 🎯 Breakout Breakout happen if the price exceeds the range bracket. Breakout may happen either before or after confirmation of consolidation. In either case, an alert is triggered. Patterns are removed from the chart if the consolidation is not confirmed. In other words, the price did not stay in range for long time. 🎲 Settings Simple settings to define the zigzag base and few pattern related configuration. 🎲 Alerts Alerts are configured using alert function and are triggered in following scenarios. A new impulse created An impulse wave is updated Consolidation range confirmed Breakout with/without confirmed consolidation. 🎲 Use Cases Indicator can be used for identifying few types of patterns on the chart. But, they may involve user's discretion. Major patterns that can be identified are: 🎯 Flag Formation Consolidation after an impulse can be termed as flag and is a sign of trend continuation after consolidation. 🎯 Wyckoff Distribution Long consolidation with high volume after an impulse can be a sign of wyckoff distribution formation. This pattern is trend reversal pattern.
Penunjuk Pine Script®
oleh Trendoscope
16
TrendDECODER by MetaSignalsProTrendDECODER The fastest indicator to detect trends and price ranges ------------------------------------------------------------------- ✔️ Identify ranges and the next probable direction ✔️ Get the earliest signals and the strength of Trends ✔️ Get clear exits signals before reversal ✔️ Spot the Fibo levels the price will test ------------------------------------------------------------------- 📌 What is it about ? -------------------------- TrendDECODER is a concentrate of multiple innovations to make Trend following simple and easy. Please see in the 🛠️ Calculation & Precisions section at the end of this page to know more how they work. 👉 With the GreyBox - identify when the market gets out of the Trend with a new sequence of transition. Check if the market is in Range, Continuation or Reversal (Up or Down) and wait for the closing of the box to get the Trend signal. 👉 With the DecoderSignals & Blue/Orange Clouds - once the GreyBox has delivered its message, get the new direction of the Trend and see the probable zones of pull backs during the current direction. 👉 With the Projective TrendLine - see before it happens the direction and the possible angle of the Trend with its probable range. 👉 With the RealTime TrendLine vs the Projective TrendLine - adjust immediately if the market accelerates North or South. 👉 With the RealTime TrendLine Crossing - detect at the earliest the moment the Trend gets out of track, to get out of the train. 👉 With the FiboLevels - spot immediately which price levels the market will test. 📌 For which asset? ----------------------- TrendDECODER is universal : it works fine on all assets and all time-frames; ☝️ always work on a multi-timeframe environment to minimize risk; 📌Why we made these innovations? --------------------------------------------- Because the trend indicators that we know, lag a lot and do not clearly identify ranges! We need much more powerful tools than Supertrend or a couple of moving averages crossings to get this done. 📌 How to trade with TrendDECODER? ---------------------------------------------- 🔹 Strategy #1: Trend Following : DecoderSignals & Blue/Orange Clouds ---------------------------------------------------------------------------------------- The GreyBOX has given the next probable movement and the Signal of a Trend in on. The RealTime TrendLine guides us on the pace of this movement and the Blue/ Orange/Cloud figures the support/resistance of this movement. It will be wise not to jump immediately in the Trend as the signal appears as the price will very probably make a pullback in direction of the cloud first. 🔹 Strategy #1: Checklist 📍 Set a Multi Time Frame environment 📍 Main Time Frame and the Upper Time Frame are moving in the same direction (Up or Down) 📍 Main Time Frame: appearance of the « TrendUp Signal » or the « TrendDown Signal » 📍 Entry: ☝️ buying « at Market » immediately on a « Trend Signal » is quite risky as many times the price will pull back near the Clouds 👉 a good option is to buy 1/2 the position at market on signal 👉 and 1/2 after the first pull back 📍 First Stop Loss: place your SL under the lower border of the GreyBox for an expected TrendUp or the higher border for an expected TrendDown 📍 BreakEven: when the price reaches your Risk/Reward ratio of 1 = Distance StopLoss vs Entry = Distance Current Price vs Entry 📍 Trailing Stop: just under the lowest border of the Blue Cloud (TrendUp) or the highest border of the Orange Cloud (TrendDown) 📍 TakeProfits: in a TrendUP, place your take profits just under the FibosLevels in order not to get exited (and above in a TrendDOWN) 📍 Exits: 👉 Early option : Crossing of the RealTime TrendLine 👉 Late option : Crossing of the Blue/Orange cloud 🔹 Strategy #2: Early Trend following : RealTime TrendLine Crossing ------------------------------------------------------------------------------------- With this simple tool, get a very early signal of a probable inversion of the current Trend, way before the Decoder Signal is shown, once confirmed by the GreyBOX. 🔹 Strategy #2: Checklist 📍 Set a Multi Time Frame environment 📍 Main Time Frame and the Upper Time Frame are moving in the same direction (Up or Down) 📍 Entry (Main Time Frame): wait for the Close crossing over the ReaTime TrendLine in an expected TrendUp (under for a TrendDown ) 📍 First Stop Loss (Main Time Frame): 👉 place your SL under the lower low of the GreyBOX (for an expected TrendUp) or the higher high (for an expected TrendDown) 📍 BreakEven: move your SL to Entry price when the price reaches your Risk/Reward ratio of 1 = Distance StopLoss vs Entry = Distance Current Price vs Entry 📍 Trailing Stop: just under the lowest border of the Blue Cloud (TrendUp) or the highest border of the Orange Cloud (TrendDown) 📍 TakeProfits: in a TrendUP, place your take profits just under the FibosLevels in order not to get exited (and above in a TrendDOWN) 📍 Exits: 👉 Early option : Crossing of the RealTime TrendLine 👉 Late option : Crossing of the Blue/Orange cloud 🎛️ Configuration --------------------- Well, basically you do not have to do anything ! But you can make TrendDECODER perfectly yours with a few switches in the configuration panel to make appear or disappear each one of the elements composing TrendDECODER. 🛠️ Calculation & Precisions ------------------------------------ 🔹 Blue/Orange Clouds The Blue/Orange Clouds are a proprietary synthesis of Price Action and Volume Exchange in real time. 🔹 Projective TrendLine As soon as a new high or a new low has been reached during the last move, TrendDECODER traces a possible angle of the future movement based on the pace of the last one in the same direction. The distance between the Projective TrendLine and the Last Lowest (resp. Highest) gives you a possible bottom (resp. top) of the price range. 🔹 RealTime TrendLine As soon as the Decoder GreyBox has delivered its information i.e Range/Continuation/ReversalUp/ReversalDown and that a New High (resp. New Low) has been reached, the RealTime TrendLine starts to show the pace and the angle of the new movement based on a linear regression adanced concept. The angles of the Projective and the RealTime TrendLine can be identical, telling you that the market moves smoothly in a global consensus. It can be a smart Trailing Stop Loss. Or these angles can be very different and it will call your maximum attention. You might want to switch to a superior timeframe to get the bigger picture. 🔹 FiboLevels Once a new Trend is signaled, the levels of Fibonnaci are automatically placed. They are calculated on the last Highest and Lowest of the former movement.
Penunjuk Pine Script®
oleh MetaSignalsPro
16
XBrat Range Breakout - Defining Ranges & The Trading BiasxBrat Range Breakout Designed to help define opening ranges of major markets, along with Gold Pit opens, Oil Pit opens and for major economic data points. We recommend timeframes for opening ranges on different type of instruments further down this description There are 6 range data points available, 4 of which are pre-defined (but can be adjusted and renamed) and then 2 spare for those important data points. All the times and label names can be adjusted. 4 Pre-Defined Openings are: Europe Gold Pit Open (8am Europe time) London Stock Exchange Open (9am Europe time) New York Gold Pit Open (8.20am EST) NYSE Open (9.30am EST) The range is defined by a parallel coloured cloud which changes colour depending on the BIAS of the opening range, calculated automatically for our users. At the same time the Open Tag is also coloured to help identify the BIAS and indeed which direction traders should trade the Range Breakout after the first candle has closed. The range BIAS continues to be drawn on the chart until the following days open. The colour will change as per the BIAS of that opening range. This allows for multiple entries of breakouts of the defined range throughout the following 24 hours. Range Breakout BIAS Colours Green - Bullish BIAS - When first candle has closed only look for breakouts to the upside Red - Bearish BIAS - When first candle has closed only look for breakouts to the downside Yellow - Neutral BIAS - When first candle closed, look for breakouts to both upside and downside or best not to trade the breakouts as neutral BIAS indicates indecision Time Frames we suggest for open ranges of any market open or data points are: Metals & Energy Futures or CFDs - 5 minute time frame Currencies - Forex Pairs or Futures - 10 minute time frame Index Futures or CFDs - 15 minute time frame
Penunjuk Pine Script®
oleh PBratbyOfficial
2
Dynamic Volume Clusters with Retest Signals (Zeiierman)█ Overview The Dynamic Volume Clusters with Retest Signals indicator is designed to detect key Volume Clusters and provide Retest Signals. This tool is specifically engineered for traders looking to capitalize on volume-based trends, reversals, and key price retest points. The indicator seamlessly combines volume analysis, dynamic cluster calculations, and retest signal logic to present a comprehensive trading framework. It adapts to market conditions, identifying clusters of volume activity and signaling when the price retests critical zones. █ How It Works ⚪ Volume Cluster Detection The indicator dynamically calculates volume clusters by analyzing the highest and lowest price points within a specified lookback period. Cluster Logic: Bright Lines (Strong Red/Green): These indicate that the price has frequently revisited these levels, creating a dense cluster. Such areas serve as support or resistance, where significant historical trading has occurred, often acting as barriers to price movement. Traders should consider these levels as potential reversal zones or consolidation points. Faded or Darker Lines: These lines indicate areas where the price has less historical activity, suggesting weaker clustering. These zones have less market memory and are more likely to break, supporting trend continuation and rapid price movement. ⚪ Candle Color Logic (Market Memory) Blue Candles (High Cluster Density): Candles turn blue when the price has revisited a particular area many times. This signals a highly clustered zone, likely to act as a barrier, creating consolidation or range phases. These areas indicate strong market memory, potentially rejecting price attempts to break through. Green or Red Candles (Low Cluster Density): Once the price breaks out of these dense clusters, the candles turn green (bullish) or red (bearish). This suggests the price has moved into a less clustered territory, where the path forward is clearer and trends are likely to extend without immediate resistance. ⚪ Retest Signal Logic The indicator identifies critical retest points where the price crosses a cluster boundary and then reverses. These points are essential for traders looking to catch continuation or reversal setups. ⚪ Dynamic Price Clustering The indicator dynamically adapts the clustering logic based on price movement and volume shifts. Uses a dynamic moving average (VPMA) to maintain adaptive cluster levels. Integrates a Kalman Filter for smoothing, reducing noise, and improving trend clarity. Automatically updates as new data is received, keeping the clusters relevant in real-time. █ How to Use ⚪ Trend Following & Reversal Detection Use Retest signals to identify potential trend continuation or reversal points. ⚪ Trading Volume Clusters and Market Memory Identify Key Zones: Focus on bright, saturated cluster lines (strong red or green) as they indicate high market memory, where price has spent significant time in the past. These zones are likely to exhibit a more choppy market. Apply range or mean reversion strategies. Spot Potential Breakouts: Faded or darker cluster lines indicate areas of low market memory, where the price has moved quickly and spent less time. Use these areas to identify possible trend setups, as they represent lower resistance to price movement. ⚪ Interpreting Candle Colors for Market Phases Blue Candles (High Cluster Density): When candles turn blue, it signals that the price has revisited this area multiple times, creating a dense cluster. These zones often trap price movement, leading to consolidations or range phases. Use these areas as caution zones, where price can slow down or reverse. Green or Red Candles (Low Cluster Density): Once the price breaks out of these clustered zones, the candles turn green (bullish) or red (bearish), indicating lower market memory. This signals a trend initiation with less immediate resistance, ideal for momentum and breakout trades. Use these signals to identify emerging trends and ride the momentum. █ Settings Range Lookback Period: Sets the number of bars for calculating the range. Zone Width (% of Range): Determines how wide the volume clusters are relative to the calculated range. Volume Line Colors: Customize the appearance of bullish and bearish lines. Retest Signals: Toggle the appearance of Triangle Up/Down retest markers. Minimum Bars for Retest: Define the minimum number of bars required before a retest is valid. Maximum Bars for Retest: Set the maximum number of bars within which a retest can occur. Price Cluster Period: Adjusts the sensitivity of the dynamic clustering logic. Cluster Confirmation: Controls how tightly the clusters respond to price action. Price Cluster Start/Peak: Sets the minimum and maximum touches required to fully form a cluster. ----------------- 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.
Penunjuk Pine Script®
oleh Zeiierman
12
Fundamental Fair Value RangeFundamental Fair Value Range (FFV Range) Purpose: This indicator aims to estimate a company's intrinsic fair value range based on its historical valuation patterns and current financial health. It analyzes multiple fundamental valuation metrics to provide a comprehensive perspective, helping traders identify potential overvaluation or undervaluation relative to the company's own historical norms. How It Works: Data Collection: The script gathers historical financial data for the company over a user-defined number of past quarters ( Number of Quarters to Average ). It retrieves key metrics like Earnings Per Share (EPS), Book Value Per Share (BVPS), Sales Per Share, Free Cash Flow (FCF) Per Share, Tangible Book Value Per Share (TBVPS), EBITDA, Operating Cash Flow (OCF) Per Share, Enterprise Value (EV), and Net Debt. It also pulls current TTM (Trailing Twelve Months) data, forward estimates (EPS, Sales), risk metrics (Debt-to-Equity, Altman Z-Score), and dividend yield. Historical Ratio Calculation: For each of the past quarters where data is available, the script calculates standard valuation ratios (P/E, P/B, P/S, P/FCF, P/TBV, EV/EBITDA, P/CF) using the closing price at that time and the relevant financial data. Ratios are capped ( Maximum Ratio Cap ) to prevent extreme outliers from skewing results. Central Tendency: The script calculates the historical central tendency (either the median or mean , selectable by the user) for each valuation ratio based on the collected historical data points. Median is generally preferred to reduce the impact of outliers, but the mean option is available. Individual Metric Fair Values: Using the current financial data (TTM EPS, BVPS, Sales/Share, etc.) and the calculated historical average ratio , the script estimates a fair value based on each individual metric . For example: P/E Fair Value = Current EPS * Historical Average P/E Ratio P/S Fair Value = Current Sales Per Share * Historical Average P/S Ratio (...and so on for P/B, P/FCF, P/TBV, and P/CF.) Forward-Looking Adjustments & Blending: P/E: Calculates fair value using both TTM EPS and Forward EPS estimates. These two values are then blended (averaged) to incorporate future expectations. If only one is available, that one is used. EV/EBITDA: Calculates fair value based on TTM EBITDA and also based on estimated future EBITDA (derived from Sales Estimates and historical EBITDA margin). These are then blended . The calculation converts the Enterprise Value back to an estimated equity value per share by subtracting Net Debt. P/S: Also calculates a forward-looking P/S fair value using Sales Estimates, which is considered alongside the TTM version when weighting. Weighted Composite Fair Value: The script combines the individual fair value estimates into a single composite value using a weighted average . User-Defined Weights: You assign weights to each metric (P/E, P/S, P/FCF, P/B, P/TBV, EV/EBITDA, P/CF) via the script settings. Dynamic Weighting: The weights for P/E, P/S, and P/FCF can be set differently depending on whether the company's current TTM EPS is positive or negative. This allows the model to emphasize sales or cash flow metrics more heavily for unprofitable companies, where P/E is less meaningful. Risk Adjustment: The composite fair value is adjusted downwards (multiplied by 0.9 for each condition met) if: Debt-to-Equity ratio exceeds 1.5 (indicating higher leverage risk). Altman Z-Score is below 1.8 (indicating higher bankruptcy risk). Dividend Adjustment: The risk-adjusted fair value is then potentially increased based on the company's dividend yield. The yield is added to the value (up to a maximum adjustment of 5% - MAX_DIV_ADJ ) to reflect the value returned to shareholders via dividends. Final Fair Value = Risk-Adjusted Value * (1 + Capped Dividend Yield) . Confidence Range: A range is calculated around the Final Fair Value. This range is determined by the standard deviation of the individual fair value components that were actually used (had valid data and positive weights) in the composite calculation. A wider range suggests less agreement between the different valuation methods. Valuation Signal: The script compares the current closing price to the calculated Final Fair Value and the Confidence Range, using Average True Range (ATR) based thresholds near the fair value: Very Undervalued: Price is below the Lower Bound of the confidence range. Undervalued: Price is below the Final Fair Value minus an ATR-based buffer. Fairly Valued: Price is near the Final Fair Value (within the ATR buffer). Overvalued: Price is above the Final Fair Value plus an ATR-based buffer. Very Overvalued: Price is above the Upper Bound of the confidence range. Features & Customization: Multi-Metric Analysis: Incorporates P/E, P/B, P/S, P/FCF, P/TBV, EV/EBITDA, and P/CF. Historical Basis: Choose Median or Mean for historical ratio calculation and set the lookback period (number of quarters). Flexible Weighting: Customize the importance of each metric. Crucially, set different weights for P/E, P/S, and P/FCF based on profitability (EPS > 0 or EPS ≤ 0). Forward Data Integration: Blends TTM and forward estimates for P/E and EV/EBITDA. Risk & Dividend Adjustments: Automatically discounts for high debt/low Altman Z-score and premiums for dividend yield (capped). Clear Visualization: Plots the Final Fair Value line on the chart. Plots the Upper and Lower Confidence Bounds (based on standard deviation). Fills the area between bounds to show the Confidence Range. Informative Data Table: Displays the calculated fair value for key individual metrics, their historical average ratios, and current underlying financial values (like EPS, BVPS). Shows risk metrics (Debt/Equity, Altman Z). Clearly presents the Final Composite Fair Value, the Confidence Range, the current Valuation Signal (e.g., "Undervalued"), and the percentage difference between the current price and the fair value. Simple/Full Mode: Option to display a condensed table with only the summary results or the full detailed breakdown. Display Options: Adjust table position, text size, and switch between light/dark themes for better readability. How to Use: Apply the indicator to a stock chart on TradingView. Configure Settings: Go into the indicator settings ( Gear Icon ⚙️). - Calculation Parameters: Set the Number of Quarters to Average (e.g., 20 for 5 years) and choose Use Mean Instead of Median if desired. Adjust Maximum Ratio Cap if needed. - Valuation Weights: This is crucial. Adjust the weights based on the industry, company maturity, and your valuation philosophy. Consider giving higher weights to metrics commonly used for that sector. Use the separate weights for positive/negative EPS scenarios thoughtfully. For instance, for unprofitable tech stocks, you might assign zero weight to P/E and higher weights to P/S or EV/EBITDA (negative EPS weights). - Display Options: Choose table mode, position, size, and theme. Interpret the Output: - Observe the plotted Fair Value line relative to the current price. - Note the Confidence Range (shaded area). A wider range indicates more uncertainty or divergence between valuation methods. - Check the Valuation status in the table (e.g., "Undervalued", "Overvalued"). - Use the % from Fair Value in the table for a quick gauge of deviation. - Review the individual metric fair values in the full table mode to understand which factors are driving the composite value. Considerations: Historical Data Dependence: The model heavily relies on past valuation patterns repeating. Significant changes in a company's business model, market, or industry may make historical ratios less relevant. Parameter Sensitivity: The calculated fair value is sensitive to the chosen weights and the historical lookback period. Experiment and use values that make sense for your analysis style and the specific stock. Data Quality: The accuracy of the output depends entirely on the accuracy and availability of the underlying financial data provided by TradingView for the specific ticker. Data may be missing or contain errors for some stocks. Not Financial Advice: This indicator provides a model-based estimation of fair value. It should be used as one tool among many in your investment decision-making process, not as a sole buy/sell signal. Always conduct thorough due diligence.
Penunjuk Pine Script®
oleh ChartingCycles
Candle Range-BarsThe Candle Range Bars indicator visually represents the range of each candlestick in either pips or ticks, depending on your preference. It plots vertical bars to show the size of each candle, making it easy to identify periods of high or low volatility. The indicator also displays the exact range value (in pips or ticks) above each bar, with customizable text size and color for better readability. Key Features Pips or Ticks Mode: Choose to display the candle range in pips (for forex traders) or ticks (for other instruments). Customizable Text: Adjust the text color and text size (Tiny, Small, Normal, Large) to suit your chart style. Clear Visuals: Bars are colored green for bullish candles and red for bearish candles, making it easy to distinguish between up and down moves. Flexible Use: Ideal for analyzing volatility, identifying consolidation zones, and comparing candle ranges across different timeframes. How to Use: Add the indicator to your chart. Customize the settings: Choose between pips or ticks. Adjust the text color and text size for the range values. Observe the bars and their corresponding range values to analyze market volatility. Why Use This Indicator?: Simplify Range Analysis: Quickly see the size of each candlestick without manual calculations. Customizable: Tailor the appearance to match your trading style. Versatile: Works on any instrument and timeframe. Settings: Show Pips (Otherwise Ticks): Toggle between pips and ticks mode. Text Color: Choose the color of the range value text. Text Size: Select the size of the range value text (Tiny, Small, Normal, Large). Ideal For: Forex, stocks, commodities, and crypto traders. Traders who focus on volatility and range analysis. Anyone looking for a clear and customizable way to visualize candle ranges. This description highlights the key features, benefits, and usability of your indicator, making it appealing to other TradingView members. Let me know if you'd like to tweak it further! 😊
Penunjuk Pine Script®
oleh PietroGh
2
Fibonacci Period Range [UkutaLabs]█ OVERVIEW The Fibonacci Period Range Indicator is a powerful trading tool that draws levels of support and resistance that are based on key Fibonacci levels. The script will identify the high and low of a range that is specified by the user, then draw several levels of support and resistance based on Fibonacci levels. The script will also draw extension levels outside of the specified range that are also based on Fibonacci levels. These extension levels can be turned off in the indicator settings. Each level is also labelled to help traders understand what each line represents. These labels can be turned off in the indicator settings. The purpose of this script is to simplify the trading experience of users by giving them the ability to customize the time period that is identified, then draw levels of support and resistance that are based on the price action during this time. █ USAGE In the indicator settings, the user has access to a setting called Session Range. This gives users control over the range that will be used. The script will then identify the high and low of the range that was specified and draw several levels of support and resistance based on Fibonacci levels between this range. The user can also choose to have extension levels that display more levels outside of the range. These lines will extend until the end of the current trading day at 5:00 pm EST. █ SETTINGS Configuration • Display Mode: Determines the number of days that will be displayed by the script. • Show Labels: Determines whether or not identifying labels will be displayed on each line. • Font Size: Determines the text size of labels. • Label Position: Determines the justification of labels. • Extension Levels: Determines whether or not extension levels will be drawn outside of the high and low of the specified range. Session • Session Range: Determines the time period that will be used for calculations. • Timezone Offset (+/-): Determines how many hours the session should be offset by.
Penunjuk Pine Script®
oleh UkutaLabs
2
ATR Range Accumulation by Standard Deviation and Volume [SS]So, this is an indicator/premise I have been experimenting with, which mixes ATR with Z-Score and Volume metrics. What does the indicator do? The indicator, on the lower timeframes, uses an ATR approach to determine short-term ranges. It takes the average ATR range over a designated lookback period and plots out the levels like so: It then calculates the Z-Score for these ATR targets (shown in the chart above) and calculates, over the designated lookback period, how often price accumulates at that standard deviation level. The indicator is essentially a hybrid of my Z-Score Support and Resistance indicator and my frequency distribution indicator. It combines both concepts into one. You also have the option of sorting by volume accumulation. This will display the accumulation of the ranges by volume accumulation, like so: Larger Timeframes: If you want to see the accumulation by volume or standard deviation on the larger timeframes, you can. Simply toggle on your preferred setting: Show Total Accumulation Breakdown: This will break down the levels, over the lookback period, by standard deviation. This is similar to the Z-Score support and resistance indicator. It will then show you how often price accumulates at these various standard deviation levels. Here is an example on the daily timeframe using the 1D chart settings: Inversely, you can repeat this, with the Z-Score levels, but show accumulation by volume. This will print 5 boxes, which are between +3 Standard Deviations and -3 Standard Deviations, like so: Here we can see that 61% of volume accumulation is between -1 and 1 standard deviation. Using it to Trade: For swing trading, I suggest using the larger timeframe information. However, for both swing and day traders, it is also helpful to use the ATR display. You can modify the ATR display to show the levels on any timeframe by selecting which timeframe you would like to see ATR ranges for. If you are trading on the 1 or 5-minute chart, I suggest leaving the levels at no shorter than a 60-minute timeframe. You can also use these levels on the daily for the weekly levels, etc. The accumulation being shown will be based on the current chart timeframe. This is a function of Pinescript, but in this case, it's actually advantageous because if you are trading on the shorter timeframe, and a level has 0% recent accumulation, it's unlikely we will see that level soon or overly quickly. Intraday retracements will generally happen to areas of high accumulation. How this indicator is different: The difference in this indicator comes from its focus on accumulation in relation to Standard Deviation. There is one thing that is consistent among retail traders, algorithms, market makers, and funds, and that is looking at the market in terms of standard deviation. Each person, market maker, and algorithm may be slightly nuanced in how it conceptualizes standard deviation (whether it be since the inception of the ticker (or IPO), or the previous 500 days, or the previous 100 days, etc.), but the premise remains consistent. Standard Deviation is a really important, if not the most important, metric to pay attention to. Another important metric is volume. Thus, the premise is that combining volume accumulation with standard deviation should, theoretically, be telling. We can see the extent of buying at various standard deviations and whether a stock is really a buy or not. And that's the indicator! Hope you enjoy it. Leave your comments and questions below. Safe trades!
Penunjuk Pine Script®
oleh Steversteves
7