Stoch RSI, Div, Zone S3 by Gammaprod>> How to use this indicator :
1. Set your teadingview theme to dark theme.
2. My indicator is valid for forex, stock and but more valid for crypto.
3. Use three timeframe for more validation (choose between those, that fit to your trading style) :
- Timeframe 1m, 5m, and 15m for Scalping
- Timeframe 30m, 1h and 4h for Intraday
- Timeframe 4h, 1D and 1W for Swing Trading
4 . Always use THREE INDICATORS FROM GAMMAPROD, those three indicators is back to back each other, by the way, I only made those three indicators only (for now) :
- Trendlines Boll Ichi Crypto by Gammaprod
- Stoch RSI Divs Zone Crypto by Gammaprod
- MACD Volume Crypto by Gammaprod
>> How to setting :
1. Trendlines Boll Ichi Crypto by Gammaprod
A. Support and Resistence
- Well if you familiar with this indicator you can add it, but recommended for Timeframe 30m or more
B. Trendlines Primary or Trendlines Secondary
- Timeframe 1m you DON'T NEED Trendlines Primary or Trendlines Secondary
- Timeframe 5m you DON'T NEED Trendlines Secondary, but you CAN ADD Trendlines Primary if you fell it helpful (for me, it is helpful to find where the candles start or the end trend or a consolidation or where the candles will surpass a resistance or a support).
- Timeframe 15m you DON'T NEED Trendlines Secondary, DEFENITELY add Trendlines Primary it will help to find where the candles stop or a consolidation or where the candles will surpass a resistance or a support).
- Timeframe 30m or more, DEFENITELY NEED BOTH Trendlines Primary and Secondary Trendlines, it will help to find where the candle stop or consolidation or where the candle will surpass a resistance or support).
C. Bolinger, Ichimoku Cloud and Lagging Span
- Please DON'T CHANGE IT at all, it's really helpful to know when and where to make an entry decesion or a trend or a consolidation, if you don't understand how to read it, you better to learn it first (on "how to read" section and "How to OPEN position" the section below)
2. Stoch RSI Divs Zone Crypto by Gammaprod (DON'T CHANGE IT)
3. MACD Volume Crypto by Gammaprod (DON'T CHANGE IT)
>> How to read :
1. Sell or Buy Priority :
A. Buy Priority
- Color background on macd and stoch rsi is pink or purple sell is the priority, (if you're not sure to buy, just wait until the best moment to sell)
B. Buy Priority
- Color background on macd and stoch rsi Teal or light green buy is the priority, (if you're not sure to sell, just wait until the best moment to buy)
C. Indecision / Golden Moment
- Color background on stoch rsi yellow is indecision / golden moment of reversal pattern (wait until it formed background only on Stoch RSI), please becareful at this moment.
2. Trend / Consolidation :
A. BULLISH trend
- When Stoch RSI and MACD have teal or light green background that's means BULLISH trend, better to confirm by the candle is above green cloud and lagging span (red line) is also above the candle.
B. BEARISH trend
- When Stoch RSI and MACD have the Pink or purple background that's means BEARISH trend, better to confirm by the candle is above purple cloud and lagging span (red line) is also below the candle.
C. CONSOLIDATION
- When Stoch RSI have the mix background that's means CONSOLIDATION, better to confirm by the candle is in or near to green / purple cloud and lagging span (red line) is also on the candle.
3. Special Mark
A. Ideal Bullish :
- Near line 20 and green / teal background = When Stoch RSI have the char R / H on lime color label, that's means divergence or hidden divergence for buy position, if you not see this label that's means just a standard confirmation for buy
B. Not an Ideal Bullish :
- Near line 80 and green / teal background = if this happens make sure you know what happen, it could be a false signal or bullish continual pattern
C. Ideal Bearish :
- Near line 80 and pink / purple background = When Stoch RSI have the char R / H on lime color label, that's means divergence or hidden divergence for buy position, if you not see this label that's means just a standard confirmation for sell position.
D. Not an Ideal Bearish:
- Near line 20 and pink / purple background = if this happens make sure you know what happen, it could be a false signal or bearish continual pattern
E. The Beginning of Reversal (from BEARISH to BULLISH) :
- When Stoch RSI line shaping GREEN position is near 20.
- MACD lines still PINK, position lines is UNDER the HISTOGRAM, but the HISTOGRAM start to SHAPE FALL PINK (light pink) and the BACKGROUND still PINK / PURPLE.
- Position CANDLES NEAR BLUE line, NEAR PURPLE CLOUD, and lagging span (red line) STILL ON the area candle. (it used to be confirmed with the golden moment).
F. The Beginning of Reversal (from BULLISH to BEARISH) :
- When Stoch RSI line shaping PINK position is near 80.
- MACD lines still GREEN, position lines is ABOVE the HISTOGRAM, but the HISTOGRAM start to SHAPE FALL GREEN (light green) and the BACKGROUND still TEAL / GREEN.
- Position CANDLES NEAR WHITE line, NEAR TEAL CLOUD, and lagging span (red line) STILL ON the area candle. (it used to be confirmed with the golden moment).
G. False Signals, or It could be a Golden Moment (better to see it on TF 15 or bigger):
- Near line 20 or 80 and yellow background = When Stoch RSI have the char R / H on color label, that's means divergence or hidden divergence for buy / sell position, if you not see this label that's means just a standard confirmation for buy / sell depends on where the Stoch RSI line if near 20 that's means buy, near 80 means sell
>> How to OPEN position:
A. Bullish
1. Trendlines Boll Ichi Crypto by Gammaprod
- The candles above the green cloud.
- Lagging span (red line) above the candles.
- then open buy near yellow line (the first option) / blue line (the second option) (always confirm the position with two other indicators below).
2. Stoch RSI Divs Zone Crypto by Gammaprod
- Teal or Green background.
- The lines is shaping green.
- Better if on the bottom (at a range 20).
3. MACD Volume Crypto by Gammaprod
- Teal or Green background.
- The lines is shaped or shaping green.
- Better if at the green histogram.
B. Bearish
1. Trendlines Boll Ichi Crypto by Gammaprod
- The candles below the purple cloud.
- Lagging span (red line) below the candles.
- then open buy near yellow line (the first option) / white line (the second option) (always confirm the position with two other indicators below).
2. Stoch RSI Divs Zone Crypto by Gammaprod
- Pink or purple background.
- The lines are shaping pink.
- Better if the line on the top (at a range 80).
3. MACD Volume Crypto by Gammaprod
- Pink or purple background.
- The lines are shaped or shaping green.
- Better if at the pink histogram.
C. Consolidation
1. Trendlines Boll Ichi Crypto by Gammaprod
- The candles on the cloud (green or purple).
- Lagging span (red line) on the candles.
- then open buy near the white or blue line (always confirm the position with two other indicators below).
2. Stoch RSI Divs Zone Crypto by Gammaprod
- Mix background specially on a timeframe 15m or more.
- The line move fast up and down.
- Better if on the bottom or the top of the lines (at a range 20 or 80).
3. MACD Volume Crypto by Gammaprod
- Changing the background.
- The line is near the middle line.
- Have small Histogram.
>> The secret ingridient is comparing the timeframe :
The example scalping (Timeframe 1m, 5m and 15m)
- TF 1m is for making an open position.
- TF 5m is for making a judgement of the trend market.
- TF 15m is to confirm that judgement from TF 5m, be careful if it not similar then it used to be a consolidation or the beginning of the reversal.
There's a lot a way to open the position than above information that i gave it to you, but consider there are a limit char on this column, I hope it will help your trading and make a more profit on it.
Cari dalam skrip untuk "scalping"
Bogdan Ciocoiu - Code runnerDescription
The Code Runner is a hybrid indicator that leverages other pre-configured, integrated open-source algorithms to help traders spot regular and continuation divergences.
The Code Runner specialises in integrating some of the most popular oscillators well known for their accuracy when scalping using divergence strategies.
Uniqueness
The Code Runner stands out as a one-stop-shop pack of oscillator algorithms that traders can further customise to spot divergences.
The indicator's uniqueness stands from its capability to recast each algorithm to apply to the same scale. This feature is achieved by manually adjusting the outputs of each algorithm to fit on a scale between +100 and -100.
Another benefit of the Code Runner comes from its standardisation of outputs, mainly consisting of lines. Showing lines enables traders to draw potential regular and continuation divergences quickly.
The indicator has been pre-configured to support scalping at 1-5 minutes.
Open-source
The Code Runner uses the following open-source scripts and algorithms:
www.tradingview.com
www.tradingview.com
www.tradingview.com
www.tradingview.com
www.tradingview.com
www.tradingview.com
www.tradingview.com
www.tradingview.com
These algorithms are available in the public domain either in TradingView space or outside (given their popularity in the financial markets industry).
Crypto EMA Trend Reversal StrategyThis is an EMA crossover strategy which involves 5 EMAs to trigger trades. The strategy has two take profit settings and uses a stop loss.
TP1 and SL are based on ATR and TP2 is an EMA crossover.
The strategy goes both long and short and the default settings work particularly well as a scalping strategy for ETHUSDT on the 5M time frame.
I have also created another version with tweaked settings for scalping LINKUSDT on the 5M with very similar results.
There is an option to add a volume condition parameter within the script on lines 26-28 which can be added to the end of lines 34-35 in the following format: and vol_cond
I personally don't currently use the volume condition parameter.
EBB & Flow: a multi-EMA-based BB cloudIntro
This is an idea evolved out of the market maker method and EMA convergence, divergence, and mean reversion.
The market maker method informs us that the 5, 13, 50 and 200 EMAs are important to regulating price. Those EMA lengths are multiples of the 50 and 200 on lower major timeframes -- the 1 minute, 5, 15, 1H, 4H, 1D. I include the 21 because it is also a multiple and in crypto very often respected.
When market makers are testing price, they set their range and spike in the direction they test for liquidity. This can get chaotic. For instance, in a shorter time frame consolidation inside a bigger timeframe uptrend, it can be too easy to forget where you are in the many trends playing out.
When the EMAs are dragged over each other during normal price movement, you get these crisscrossing tracks of price, and the individual breaks can be hard to trace.
The range is what matters, ultimately, and the range is dynamic. In that case, the Bollinger Band is a great tool for detecting outliers in this case.
The Answer
So the answer this indicator seeks to give, is to look for outliers. This gives you a scalping strategy built on Traders Reality thinking and best put together with the PVSRA indicator, which I may include in this indicator just for the sake of concision, but they can work alongside each other or separately.
The key thing is the different EMA clouds, which are bollinger bands. Tight bands mean imminent breaks, favouring the trend. Vector candles out of a zone, pins to the low/high, etc. are all very relevant alongside this indicator.
You can also use it on its own and scalp the breaks of a cloud.
How it works
Each cloud is a standard deviation from their respective EMA, all in the same colour. The deviation multiple is 1.618 by default. Yes, fibonacci sequences are usually nonsense, but it works better with the BB than 2, 2.5 or 3.
Using just the clouds, you can see where each EMA is headed and how it behaves within the deviation of the others.
But that on its own isn't enough.
The indicator will also print snowflakes above and below the candle for notable outliers. It will be in the colour of the cloud it breaks, but only if that break is also breaking the smaller EMA clouds too.
The most snowflakes will be yellow because that's the 13 EMA. That one is dependent on nothing else and every break will print a snowflake. The 21 will be dependent on the 13. The 50 dependent on the 13 and 21 breaks. The 200 the most important.
For example, if the 200 EMA-BB or EBB is broken at the upper band, deviating by more than 162% of price over a 200 period EMA, and that break is not above the 50 EMA cloud, there will be no snowflake. However, if it exceeds the 13, 21, 50, and 200 clouds, then a purple snowflake will appear above the bar.
Any snowflake is an extreme in price. The purple is an especially good point of entry. That doesn't mean it is a perfect entry. You can build position from it, though, and be relatively certain of a price correction in the near future, because not only was this major EMA cloud violated, but all of the smaller ones too.
Reminder
You still need your PVSRA and candlesticks. This indicator on its own may have a nice hit rate for scalping and building position, as an alternative to the TDI or alongside it, but it is not enough on its own, just like the TDI.
Enjoy!
L1 Mid-Term Swing Oscillator v1Level: 1
Background
Oscillators are widely used set of technical analysis indicators. They are popular primarily for their ability to alert of a possible trend change before that change manifests itself in price and volume . They should work best in times of sideways markets.
Function
L1 Short-Mid-Long-Term Swing Oscillator puts three terms of oscillators to cover short-term, middle-term and long-term oscillators at the same time. By resonating all these three oscillators, short-term scalping signal and middle term swing signal are disclosed. You can see both short and mid term signal under one indicator which give you more confidence to follow the trend.
Key Signal
I didn't handle the key signals well. I piled up all the useful signals I found, and it is really difficult to classify them one by one. I feel tired when I think about this problem. Therefore, the code of the overall signal is rather confusing, sorry.
Pros and Cons
Pros:
1. Three oscillators are used to cover short, mid, long term oscillations.
2. Short-Mid term resonance can be observed to have higher confidence level.
3. Use single indicator for scalping and swing trading is possible.
Cons:
1. No deep dive into very accurate long and short entries.
2. A trade off between sensitivity and stability may be needed by traders' subjective judge.
Remarks
I enjoyed the fun of put three different oscillator together to cover short, mid, long terms. But how to use them perfectly is really more brainstorming.
Readme
In real life, I am a prolific inventor. I have successfully applied for more than 60 international and regional patents in the past 12 years. But in the past two years or so, I have tried to transfer my creativity to the development of trading strategies. Tradingview is the ideal platform for me. I am selecting and contributing some of the hundreds of scripts to publish in Tradingview community. Welcome everyone to interact with me to discuss these interesting pine scripts.
The scripts posted are categorized into 5 levels according to my efforts or manhours put into these works.
Level 1 : interesting script snippets or distinctive improvement from classic indicators or strategy. Level 1 scripts can usually appear in more complex indicators as a function module or element.
Level 2 : composite indicator/strategy. By selecting or combining several independent or dependent functions or sub indicators in proper way, the composite script exhibits a resonance phenomenon which can filter out noise or fake trading signal to enhance trading confidence level.
Level 3 : comprehensive indicator/strategy. They are simple trading systems based on my strategies. They are commonly containing several or all of entry signal, close signal, stop loss, take profit, re-entry, risk management, and position sizing techniques. Even some interesting fundamental and mass psychological aspects are incorporated.
Level 4 : script snippets or functions that do not disclose source code. Interesting element that can reveal market laws and work as raw material for indicators and strategies. If you find Level 1~2 scripts are helpful, Level 4 is a private version that took me far more efforts to develop.
Level 5 : indicator/strategy that do not disclose source code. private version of Level 3 script with my accumulated script processing skills or a large number of custom functions. I had a private function library built in past two years. Level 5 scripts use many of them to achieve private trading strategy.
Bandpass Cycle Indicator [Ehlers]This indicator is NOT used for entry and exit conditions when trading. Instead, it's purpose is to tell you what the state of the market is: trending or cyclical.
>WHO IS THIS FOR?
This is especially useful for strategies that use scalping or martingale betting to turn a profit. You don't want to be caught in a bullish trend with several open short orders. Algo traders welcome.
>HOW DOES IT WORK?
I'm glad you asked. It's based on Ehlers' work regarding signal filtering. Essentially, it uses a bandpass filter to reduce noise that is inherent in the market and display the underlying frequency.
First, we get rid of the high-frequency noise - think jitters, long wicks, etc... price action that usually effects EMAs and other MAs. We don't want any of that.
Next, we get rid of low-frequency noise - this is a little more difficult to picture, but we're essentially ignoring cycles (Elliot waves) from other longer time frames. We don't care if the Daily bars are just about to reverse if it doesn't affect our scalping strategy.
Finally, we find the root mean square (RMS) of the high and low points of our newly created signal (red) and plot them (black). These will act as triggers to tell us if a market is in cycle or trending.
>HOW DO YOU READ IT?
Background colors:
-Blue is cycle - you're safe.
-Red is trending down
-Green is trending up
Crossovers:
-Red above Upper Black: Uptrend
-Red below Lower Black: Downtrend
-Red in the middle: Cycle
>IS IT PREDICTIVE?
Momentum tends to pick up quickly and decline quickly, so if you'll often see a small Red or Green strip before a large price movement.
After long periods of cyclic movement (or consolidation), there isn't much momentum in the system, so any small price action will be considered a trend -> these small movements are picked up by other human traders and bots. Trading volume increases more and more until you have a swing in one direction.
So yes, it can be predictive due to the nature of signals and oscillation. Maybe not necessarily predictive of which direction price will go, but when volatility is about to increase.
5 EMAs plus Crossing AlertsHi all,
This is a simple indicator that plots 5 EMA lines of your choice to the screen.
Can be used to trigger scalping Bots (stoploss around 0.5% recommended, take profit 1% or higher, please backtest!)
Also can be used for manual scalping, 1 or 2 candles at a time.
Features:
1) Alerts are triggered when EMAs 1 (Signal line) and 2 (Baseline) cross - a Long signal is called if the cross is above EMA 3 (Trendline), a short if the cross is below EMA3
2) Signals are represented visually as a triangle on the chart, below the candles is a long, above is a short
3) TradingView Alerts can be easily set as I have labelled the signals clearly as many other Indicators like this arenโt easy to work out if trying to create alerts to trigger a 3commas bot, for example!
Each EMA is fully customisable and if you wish to take advantage of the alerts, only a few simple rules need to be followed:
EMA1 needs to be less than EMA2.
EMA2 needs to be the same or greater than EMA3
Thatโs it, happy trading!
Big shout out to B and the gang over at Crypto Trading Group!
BB+AO STRATto be used with AO indicator, based on forex strat --
www.forexstrategiesresources.com
works on 1/3/5/15/30 candles, buy signals are best when the black 3 fast ema crosses up through the red mid band
BB+AO ALERTSto be used with AO indicator, based on forex strat --
www.forexstrategiesresources.com
works on 1/3/5/15/30 candles, buy signals are best when the black 3 fast ema crosses up through the red mid band
BB+AO STRATto be used with AO, based on forex strat --
www.forexstrategiesresources.com
works on 1/3/5/15/30 candles
Sero๐ sero Indicator โ Guide & Explanation
What the Indicator Does
The sero Indicator is a custom oscillator designed to identify market momentum shifts between bullish (pump) and bearish (dump) phases. It works by normalizing price action using a range calculation, then smoothing it with an EMA. The resulting line (sero value) oscillates on a scale around 0 to 100, giving clear visual cues about momentum strength.
Key concepts inside the code:
c0 โ The average price for each bar (High + Low + Close รท 3).
a1 & a2 โ The 15-bar highest and lowest values of this average price.
a3 โ The range (difference between high and low).
sero โ A smoothed (EMA-based) normalized oscillator that fluctuates with momentum strength.
The indicator then highlights pumps (upward momentum) and dumps (downward momentum ) with color-coded line breaks.
How It Looks on Chart
When loaded, youโll see:
A yellow oscillator line (sero) moving up and down.
Red segments on the line โ mark slow or strong pumps (bullish momentum).
Green segments on the line โ mark slow or strong dumps (bearish momentum).
These color changes act as momentum confirmation signals.
Signals & Interpretation
sero Line (Yellow)
The main oscillator line.
Higher readings = strong bullish momentum.
Lower readings = strong bearish momentum.
Red Segments (Pump Detection)
Appear when sero rises above its previous value.
Thicker Red Line = Stronger pump (sero > 20).
Suggests upward price acceleration.
Green Segments (Dump Detection)
Appear when sero falls below its previous value.
Thicker Green Line = Stronger dump (sero < 20).
Suggests downward price acceleration.
How to Use the sero Indicator
โ
Trend Confirmation
Use sero alongside your main chart to confirm trend direction.
Sustained red (pump) signals = bullish phase.
Sustained green (dump) signals = bearish phase.
โ
Momentum Shifts
Watch for changes in color (from green โ red or red โ green). These flips may indicate a potential reversal or acceleration in trend.
โ
Threshold Levels (20 level)
The code emphasizes the 20 threshold:
Pump signals above 20 โ more reliable bullish confirmation.
Dump signals below 20 โ stronger bearish conviction.
โ
Entry & Exit Support
Enter long trades when yellow line rises and red pump segments form.
Enter short trades when yellow line falls and green dump segments form.
Consider exits when momentum color weakens or flips direction.
Best Practices
Always combine with price action, support/resistance, or volume analysis.
Works best on shorter timeframes (intraday scalping/day trading).
Avoid relying on a single pump/dump signal โ wait for consistency across multiple bars.
Summary
The sero Indicator is a momentum oscillator that visually highlights bullish and bearish momentum using dynamic color changes. Traders can use it to spot pumps, dumps, and trend shifts more easily than with traditional oscillators.
I welcome your feedback on this analysis/minds/indicator, as it will inform and enhance my future work.
Regards,
Shunya.Trade
world wide web shunya dot trade
Fieolouis - RSI - Signals v2.6.1 (Symbols)Fieolouis - RSI - Signals v2.6.1 (Symbols)
An advanced upgrade of the classic RSI, combining divergence, re-entry, and trend continuation signals with clean symbol-based visualization.
๐น Key Features
RSI Core: Standard RSI with flexible moving averages (EMA, SMA, WMA, VWMA, SMMA, Bollinger Bands).
Divergence:
Regular & Hidden divergence detection.
Flexible pivot search (5โ25 bars).
Max bars between pivots filter to reduce noise.
Re-entry Signals:
Detects RSI returning from Overbought/Oversold zones.
Optional confirmation: RSI crossing MA within last 3 bars.
Continuation Signals:
RSI crossing 50 aligned with trend direction.
Trend Filter (optional):
Only Long if RSI > MA1, only Short if RSI < MA1.
๐น Visualization
RSI + MA + optional Bollinger Bands directly on the panel.
OB/OS zones with gradient shading, adjustable 75/25 or 80/20.
Symbols instead of text for clarity:
๐ผ Re-Long = green arrow up
๐ฝ Re-Short = red arrow down
โฒ Trend+ = teal triangle up
โผ Trend- = maroon triangle down
Divergence labels (Bull/Bear) can be toggled on/off.
๐น Alerts
Ready-to-use alerts for all signal types:
Bullish / Bearish Divergence
Re-entry Long / Short
Continuation Bull / Bear
๐ Designed for both scalping & swing trading:
Divergence helps spot reversals.
Re-entry catches failed OB/OS breaks.
Continuation confirms ongoing trends.
oi + funding oscillator cryptosmartThe oi + funding oscillator cryptosmart is an advanced momentum tool designed to gauge sentiment in the crypto derivatives market. It combines Open Interest (OI) changes with Funding Rates, normalizes them into a single oscillator using a z-score, and identifies potential market extremes.
This provides traders with a powerful visual guide to spot when the market is over-leveraged (overheated) or when a significant deleveraging event has occurred (oversold), signaling potential reversals.
How It Works
Combined Data: The indicator tracks the rate of change in Open Interest and the value of Funding Rates.
Oscillator: It blends these two data points into a single, smoothed oscillator line that moves above and below a zero line.
Extreme Zones:
Overheated (Red Zone): When the oscillator enters the upper critical zone, it suggests excessive greed and high leverage, increasing the risk of a sharp correction (long squeeze). A cross below this level generates a potential sell signal.
Oversold (Green Zone): When the oscillator enters the lower critical zone, it indicates panic, liquidations, and a potential market bottom. A cross above this level generates a potential buy signal.
Trading Strategy & Timeframes
This oscillator is designed to be versatile, but its effectiveness can vary depending on the timeframe.
Optimal Timeframes (1H and 4H): The indicator has shown its highest effectiveness on the 1-hour and 4-hour charts. These timeframes are ideal for capturing significant shifts in market sentiment reflected in OI and funding data, filtering out short-term noise while still providing timely reversal signals.
Lower Timeframes (e.g., 1-min, 5-min, 15-min): On shorter timeframes, the oscillator is still a highly effective tool, but it is best used as a confluence factor within a broader trading system. Due to the increased noise on these charts, it is not recommended to use its signals in isolation. Instead, use it as a final argument for entry. For example, if your primary scalping strategy gives you a buy signal, you can check if the oscillator is also exiting the oversold (green) zone to add a powerful layer of confirmation to your trade.
Low Float Discord Levels (Custom Colors)This script allows you to instantly paste levels from Discord (or any text source) directly into your chart. Each level is plotted with a customizable color, so you can separate daily, cautionary, and key levels without clutter. Designed for low float traders who want quick, clean reference points right on their charts.
How to Use
Add the Script to Your Chart
Open your indicator list in TradingView and load Low Float Levels with Custom Colors.
Paste Your Levels
Copy your levels from Discord (or another source).
Open the script settings.
Paste your levels into the input box at the top.
Customize Colors
Scroll to the color section at the bottom of settings.
Assign unique colors for each group of levels (daily, cautionary, custom, etc.).
Labels and arrows will automatically match your chosen colors.
View on Your Chart
Levels will plot instantly across your chart.
Clean, organized, and easy to track while trading low float stocks.
โก Tip: Keep separate color themes for different types of levels so you can quickly spot which lines matter most in real time.
Black DragonUse the RSI bands; when the price touches the upper band, it tends to go down, and when the price touches the lower band, it tends to go up. Pay attention to enter a trade only when a reversal candle appears; suitable for scalping on the M15 timeframe.
Heikin FlowHeikin Flow
by Ben Deharde, 2025
Overview
Heikin Flow is a trend and momentum oscillator built on a smoothed reverse-Heikin-Ashi baseline. It quantifies the distance between price and this baseline, then colors the histogram to reflect both direction and acceleration/deceleration. Use it standalone to read trend energy and shifts, or pair it with Heikin Rider for momentum-aware breakout confirmation.
What It Does
Computes a reverse-HA baseline and optionally smooths it with a selectable MA.
Plots a histogram of distance (price minus baseline) to visualize directional pressure.
Colors the histogram by trend state (above/below baseline) and momentum (accelerating vs. decelerating).
Provides alerts on zero-line crosses to spotlight potential momentum regime changes.
The histogram also helps to spot divergence between price and momentum (e.g., price making new highs while the histogram weakens).
How It Works
Reverse-HA Baseline
Heikin Flow derives a โreverse closeโ value from Heikin Ashi context (using prior HA open/close with current bar range) to capture underlying pressure. This value is range-bounded to avoid extremes, then optionally smoothed. The resulting line acts as a soft directional baseline.
Smoothing (Noise Control)
Choose SMA/EMA/HMA/VWMA/RMA and a length to control baseline responsiveness. Shorter lengths react faster, longer lengths emphasize trend consistency by filtering noiseโuseful when pairing with breakout tools like Rider.
Trend & Momentum Logic
Trend: If price is above the baseline, the environment is considered uptrend; below indicates downtrend.
Momentum: The change in distance bar-to-bar distinguishes acceleration (growing distance) from deceleration (shrinking distance).
This dual readout helps you see not just direction, but the quality of that directionโstrong push vs. weakening move.
Coloring (Aligned with Heikin Rider Palette)
Deep Blue: Uptrend & accelerating
Light Blue: Uptrend & decelerating
Deep Red: Downtrend & accelerating
Soft Orange: Downtrend & decelerating
This mirrors the palette logic from Heikin Rider for immediate visual consistency across the suite.
How to use
Read the histogram above/below zero (priceโbaseline) as directional bias; watch color changes for momentum context.
Use zero-line crosses as momentum regime shifts; confirm with price action or Heikin Rider breakout signals.
Watch for divergence between price action and the histogram as an early clue of weakening moves.
Adjust smoothing method/length to fit your market and timeframeโfaster for scalping, slower to highlight sustained trends.
Inputs
Smoothing Type & Length for the baseline (SMA/EMA/HMA/VWMA/RMA)
Info Box toggles (display and formatting)
Live Mode option for real-time vs. confirmed-bar behavior (avoids inadvertent lookahead)
Originality
Heikin Flow adapts the HA-driven methodology to an oscillator that focuses on distance-to-baseline and momentum quality, using a reverse-HA construction and flexible MA smoothingโcomplementing Heikin Riderโs smoothed HA envelope breakout design for a cohesive, momentum-aware workflow.
Alerts
Bullish Heikin Flow Cross โ distance crosses above 0 (on bar close)
Bearish Heikin Flow Cross โ distance crosses below 0 (on bar close)
50-100-200 MA Crosses with Priority (Open Source)Shows MA-EMA-WMA crosses with priority. Also has 2 additional customizable options you can add for scalping and such. It's an open source code so you can change 50-100-200 moving averages to your personal use by just changing the code.
CCI Stochastic - YOSI
CCI Stochastic (Pro v6) โ MTF, Adaptive Bands & Live Label
What it does
This indicator applies a Stochastic calculation on the CCI (K/D lines) to highlight momentum shifts, overbought/oversold zones, and adaptive market regimes. It comes with optional higher-timeframe confirmation, adaptive volatility bands, a live value label, and built-in alerts.
Key Features
Core Signal: Choose between D or K line of the Stoch-CCI.
Extreme Zones: Customizable OB/OS thresholds (default 80/20) and a midline (50), with dynamic background shading.
Adaptive Bands (optional): Mean ยฑ kยทstandard deviation of the signal, to capture cyclic extremes.
MTF Confirmation (optional): Fetches the same signal from a higher timeframe via request.security.
Arrows/Signals:
Enter โ Cross above OS (Buy) / below OB (Sell).
Center โ Cross of the 50 midline (momentum shift).
Exit โ Exit from extreme zones.
Alerts: All arrow signals + adaptive band crosses.
Live Value Label: Shows the latest signal value near the last bar, customizable decimals/offset/background colors.
Visuals: Red line above OB, green below OS, gray neutral; adaptive band fills.
Use Cases
Momentum / Reversals: Enter with OS/OB crosses confirmed by MTF.
Trend validation: Combine with moving averages (e.g., EMA200) or support/resistance.
Mean Reversion: Fade extreme zones, especially with adaptive band or OB/OS exit alerts.
Inputs
CCI Period, Stoch Period, Smooth K/D โ core calculation.
Overbought / Oversold โ thresholds (default 80/20).
Line to plot โ K or D.
Show Arrows (Enter, Center, Exit) โ visual control.
Adaptive Bands โ length and k multiplier.
Higher TF โ optional confirmation timeframe.
Live Label โ decimals, offset, colors.
Quick Tips
For scalping/short-term setups: tighten OB/OS (e.g., 85/15) to filter noise.
In high volatility: increase adaptLen or decrease k to smooth bands.
Reduce false signals: require local + MTF alignment (e.g., only long if MTF > 50).
Disclaimer
This is a technical analysis tool โ not a standalone buy/sell signal. Always use with proper risk management, key levels, and confluence from multiple factors.
ืื ืื ืขืืฉื?
ืืืื ืืืงืืืจ ืืืฉื Stochastic ืขื CCI (ืงื K/D) ืืืฆืื ืืืืจื ืงืืฆืื, ืืฆืืืช ืืืฉืืจื ืฉืืง. ืืื ืืืื ืืืคืฆืื ืืืืฉืืจ ืืืืืืคืจืืื ืืืื, ืื ืืื ืืืคืืืืืื, ืชืืืืช ืขืจื ืืื ืืืชืจืขืืช ืืืื ืืช.
ืืืืืืช ืขืืงืจืืืช
ืกืืื ื ืืจืืื: ืืืืจื ืืื ืงื D ืื K ืฉื Stoch-CCI.
ืืืืจื ืงืืฆืื: ืงืืืื ื ืืชื ืื ืืืืืจื (ืืจืืจืช ืืืื 80/20) ืืงื ืืืฆืข 50, ืขื ืฆืืืขืช ืจืงืข ืืื ืืืช ืืฉื ืื ืกืื ืืงืืฆืื.
Adaptive Bands (ืืืคืฆืืื ืื): ืืืืฆืข ยฑ โkยทืกืืืืช ืชืงื ืฉื ืืกืืื ืโืืกืืืข ืืืืืช overheat ืืืืืืจืืืช.
ืืืฉืืจ MTF (ืืืคืฆืืื ืื): ืืืชื ืกืืื ื ืืืืืืคืจืืื ืืืื ืืืืฆืขืืช request.security.
ืืืฆืื/ืกืืื ืืื:
Enter โ ืืฆืื ืืืืื ืืขื OS (ืงื ืืื) / ืืืืขืื ืืชืืช OB (ืืืืจื).
Center โ ืืฆืื ืฉื 50 (ืฉืื ืื ืืืื ืืื).
Exit โ ืืฆืืื ืืืืืจืื ืงืืฆืื ืืื (OS/OB).
Alerts: ืืื ืืกืืื ืืื ืืขืื + ืื ืืกื/ืืฆืืื ืืื ืืื ืืืืคืืืืืื.
ืชืืืืช ืขืจื ืืื: ืืฆืืื ืืช ืขืจื ืืกืืื ื ืืืืจืื ืืื ืื ืงืืื (ืกืคืจืืช ืึพoffset ื ืืชื ืื ืืืืืจื).
ืขืืฆืื ืงืจืื: ืฆืืข ืงื ืืืื ืืขื OB, ืืจืืง ืืชืืช OS, ืืคืืจ ื ืืืจืื; ืืืืื ืืืืจืื.
ืฉืืืืฉ ืืืืืฅ
ืืืื ืืื/ืืืคืืืื: ืื ืืกื ืขื ืืฆืื ืื-OS/OB ืืืืฉืืจ ืื-MTF.
ืืืืฆืข ื ืข/ืจืืืช ืืืืจ: ืืืจื ืืืืืืช ืืืื (ืืืฉื EMA200 ืื ืชืืืื/ืืชื ืืืืช).
Mean Reversion: ืืืคืืฉ ืืืจื ืืืืืจื ืงืืฆืื, ืืืืืื ืืฉืืฉ ืืชืจืขืช ืืฆืืื ื-OB/OS ืื ื ืืืขื ืืื ื ืืืคืืืื.
ืงืืืื ืืจืืืืื
CCI Period, Stoch Period, Smooth K/D โ ืคืจืืืจื ืืืฉืื.
Overbought / Oversold โ ืกืคื ืงืืฆืื (ืืจืืจืช ืืืื 80/20).
Line to plot โ ืืืืจื ืืื K ืื D.
Show Arrows/Center/Exit/Enter โ ืฉืืืื ืืชืฆืืืช ืืืืฆืื.
Adaptive Bands (len, k) โ ืืืื ืืจืืืฉืืช ืืื ืืื.
Higher TF โ ืืืืืคืจืืื ืืืืฉืืจ (ืืืคืฆืืื ืื).
Live Label โ ืกืคืจืืช, ืืืกื ืืจืื, ืฆืืขื ืจืงืข.
ืืืคืื ืืืืจืื
ืืกืงืืคืื/ืืืืืื ืงืฆืจืื: ืืงืฉืืื ืกืคื ืงืืฆืื (ืืืฉื 85/15) ืืืคืืชืช ืจืขืฉ.
ืืฉืืง ืชื ืืืชื: ืืขืื ืืช adaptLen ืื ืืืจืืื ืืช k ืืื ืืงืื ืื ืืื ืจืืืฉืื ืคืืืช.
ืืืงืื ืช ืืืชืืช ืฉืืื: ืืจืฉื ืืชืืื ืืื ืืกืืื ื ืืืงืืื ื-MTF (ืืืืืื, ืืื ื ืจืง ืืฉื-MTF ืืขื 50).
ืืขืจื ืืฉืืื
ืืื ืืื ื ืืชืื ืืื ืโืื ืืืช ืงื ืืื/ืืืืจื ืืคื ื ืขืฆืื. ืฉืืื ืืืชื ืขื ื ืืืื ืกืืืื ืื (SL/TP), ืืืืงืช ืจืืืช ืืคืชื ืืืืืืช ืืืกืคืจ ืืื ืืืงืืืจืื ืื ืืืืืคืจืืืืื.
HeatCandleHeatCandle - AOC Indicator
โจ Features
๐ Heat-Map Candles: Colors candles based on the priceโs deviation from a Triangular Moving Average (TMA), creating a heat-map effect to visualize price zones.
๐ Zone-Based Coloring: Assigns colors to 20 distinct zones (Z0 to Z19) based on the percentage distance from the TMA, with customizable thresholds.
โ๏ธ Timeframe-Specific Zones: Tailored zone thresholds for 1-minute, 5-minute, 15-minute, 30-minute, 1-hour, and 4-hour timeframes for precise analysis.
๐จ Customizable Visuals: Gradient color scheme from deep blue (oversold) to red (overbought) for intuitive price movement interpretation.
๐ ๏ธ Adjustable Parameters: Configure TMA length and threshold multiplier to fine-tune sensitivity.
๐ ๏ธ How to Use
Add to Chart: Apply the "HeatCandle - AOC" indicator on TradingView.
Configure Inputs:
TMA Length: Set the period for the Triangular Moving Average (default: 150).
Threshold Multiplier: Adjust the multiplier to scale zone sensitivity (default: 1.0).
Analyze: Observe colored candles on the chart, where colors indicate the priceโs deviation from the TMA:
Dark blue (Z0) indicates strong oversold conditions.
Red (Z19) signals strong overbought conditions.
Track Trends: Use the color zones to identify potential reversals, breakouts, or trend strength based on price distance from the TMA.
๐ฏ Why Use It?
Visual Clarity: The heat-map candle coloring simplifies identifying overbought/oversold conditions at a glance.
Timeframe Flexibility: Zone thresholds adapt to the selected timeframe, ensuring relevance across short and long-term trading.
Customizable Sensitivity: Adjust TMA length and multiplier to match your trading style or market conditions.
Versatile Analysis: Ideal for scalping, swing trading, or trend analysis when combined with other indicators.
๐ Notes
Ensure sufficient historical data for accurate TMA calculations, especially with longer lengths.
The indicator is most effective on volatile markets where price deviations are significant.
Pair with momentum indicators (e.g., RSI, MACD) or support/resistance levels for enhanced trading strategies.
Happy trading! ๐๐
Info Panel (RSI, ADX, Volume,EMA, Delta)๐ Info Panel PRO โ All-in-One Trader Dashboard
Simplify market analysis at a glance.
This powerful indicator displays key market metrics in a compact, customizable table directly overlaid on your chart โ ideal for day trading, scalping, and swing trading strategies.
๐ Whatโs Included:
โ
RSI (Relative Strength Index) โ Measures overbought/oversold conditions.
โ
ADX (Average Directional Index) โ Gauges trend strength (>25 = strong trend).
โ
Price vs 200 EMA on 4H timeframe โ Strategic support/resistance level for multi-timeframe context.
โ
Current Bar Volume โ Color-coded to reflect bullish/bearish sentiment.
โ
Volume Delta โ Net buying/selling pressure on your chosen timeframe (default: 1 minute).
โ
CVD (Cumulative Volume Delta) โ Daily running total of delta, resets each new trading day.
โ๏ธ Fully Customizable Settings:
Adjustable lengths for RSI, ADX, and EMA.
Select delta calculation timeframe โ lower = more granular (e.g., โ1โ for 1-minute precision).
Table position: top/bottom left/right corners.
Color themes: Customize bullish, bearish, and neutral colors to match your style.
๐ก Who Is This For?
Scalpers & Day Traders needing real-time market context without clutter.
Swing & Position Traders monitoring higher-timeframe structure and momentum.
Order Flow & Volume Analysts tracking buyer/seller imbalance via delta and CVD.
Beginners learning to read markets through consolidated, intuitive indicators.
๐ฏ Key Benefits:
โ
Clean, minimalist UI โ stays out of your way while delivering critical data.
โ
Auto-formatting for large numbers (K, M, B) โ easy readability.
โ
Visual cues (arrows, color coding) for instant decision-making.
โ
Works across all markets: Forex, Stocks, Crypto, Futures.
๐ How to Use:
Add the indicator to your chart.
Tweak settings to fit your trading style.
Monitor real-time updates โ all essential metrics visible in one place.
Combine with other strategies (price action, S/R, VWAP) for signal confirmation.
๐ Pro Tip: For maximum edge, pair Info Panel PRO with liquidity zones, VWAP, or Market Profile tools.
๐ Trade smarter โ let the market speak to you in clear, actionable terms.
Author:
Version: 1.0
Language: Pine Script v5
Overlay: Yes (draws directly on price chart)
๐
โIf this indicator were a person, theyโd be called โThe One Who Knows Everythingโฆ But Never Gives Unsolicited Advice.โ
โฆUnlike your โfriendโ who yells โBUY!โ five minutes before the market crashes.โ
โA good trader isnโt the one who predicts the market.
Itโs the one who has everything on their chart โ coffee optional.
โฆWant the next indicator? Comment โYESโ below โ and Iโll build you โSmart Alert PROโ or โVolume Sniperโ next.โ
P.S. If this script saves even ONE trade โ hit ๐.
If it saves TWO โ comment โTHANK YOUโ ๐
If it saves THREE โ expect โVolume Heatmap PROโ next week ๐๐ฅ
Gold H4 First Hour Scalping IndicatorUpdated V4
This Indicator shows how much on an average gold moved in first 4 hour. Then The possible direction in the next h4
Mid-Body 50% Candles โ Support/Resistance with ConfirmationHow it works:
โ Calculates the mid-body (open+close)/2 of the previous candle.
โ Bullish candle โ potential SUP level.
โ Bearish candle โ potential RES level.
โ Optional next-bar confirmation (close above/below the mid-body).
โ Filters available: ATR size, swing detection, upper/lower wick %.
โ Lines extend until broken or removed.
โ Alerts available for: level creation, touch and break.
Use cases:
โ Confirm candle rejections (pin bars).
โ Filter false breakouts.
โ Refine entries/exits for scalping or swing trading.
What makes it unique:
Unlike generic Fibonacci or candle tools, this script focuses exclusively on the 50% body level with confirmations and multiple filters, making it more precise for price action decision points.
Grand Slam Risk ManagementGrand Slam Risk Management (GSRM) Indicator
OVERVIEW
The Grand Slam Risk Management Indicator transforms complex position sizing calculations into real-time, visual risk metricsโenabling disciplined trading decisions without the emotional guesswork that destroys accounts. This comprehensive tool is designed for active day traders and swing traders who want to automate critical risk management calculations directly on their TradingView charts. ๐
THE GRAND SLAM RISK MANAGEMENT STRATEGY
Core Philosophy
The Grand Slam Risk Management Strategy (GSRM) gets its name from baseball's ultimate scoring play: a grand slam can only be hit when three runners are already on base, requiring at least three prior successful at-bats (hits or walks) to create the opportunity. This perfectly embodies the GSRM philosophyโconsistent "base hits" in trading create the foundation for larger wins while protecting your account from devastating losses. Just as baseball teams win championships through disciplined, consistent play rather than swinging for the fences every at-bat, successful traders build wealth through reliable, repeatable profits rather than chasing home runs that often result in strikeouts. โพ
Strategy Framework
Capital Allocation : ๐ฐ
โข Working Balance: Account balance minus PDT requirement ($25,000 minimum for margin accounts)
โข Allocated Buying Power: Working balance ร leverage (4:1 for day trading, 2:1 for swing, 1:1 for cash)
โข Daily Profit Target: 5% of allocated buying power (default)
The Base Hit System : ๐ฏ
โข Daily profit target divided into 4 "base hits"
โข Each base hit represents 25% of daily goal
โข Max risk per trade: 50% of base hit target (maintains 2:1 reward/risk minimum)
โข Daily max loss: 2 base hits (recoverable with 2 winning trades)
Three-Tier Profit Structure : ๐
โข Tier 1 (5%): Minimum acceptable profit - "Why else take the trade?"
โข Tier 2 (10%): Solid win - the target "base hit"
โข Tier 3 (20%): Home run - when momentum is strongly in your favor ๐ ๐
Position Sizing Levels : ๐
โข Quarter Position (25% of max): Testing the waters, lower conviction setups
โข Half Position (50% of max): Standard confidence trades
โข Max Position (100%): High conviction, ideal setup conditions
INDICATOR FEATURES
Real-Time Calculations โก
โข Dynamic Position Sizing: Automatically calculates share quantities based on account balance and current price
โข Profit & Loss Targets: Displays dollar amounts for profit targets and stop-losses across all position sizes
โข Risk Metrics: Shows daily profit goals, max loss thresholds, and P&L ratios
Advanced Stop-Loss Methods ๐ก๏ธ
1. Percentage-Based Stops : Fixed 50% of profit target (maintains 2:1 reward/risk)
2. ATR-Based Stops : Dynamic stops that adapt to market volatility using Average True Range (ATR)
โข Tier 1: 0.5ร ATR (tight/scalping)
โข Tier 2: 1.0ร ATR (standard)
โข Tier 3: 1.5ร ATR (wide/trending)
Cost Basis Options ๐
โข Last Close: Uses previous bar's closing price for stable calculations
โข VWMA: Volume-Weighted Moving Average (default: 9) estimate cost-basis from recent volume-weighted price action
โข SMA/EMA: Use Simple or Exponential Moving Average (default: 9) useful for planning entries at SMA/EMA cross-overs and bounces.
โข VWAP: Volume-Weighted Average Price (default: daily) for entry point planning at bounce or break of VWAP.
* Ask/Bid: Entry point calculations based on current Ask or Bid price (only available on 1T charts)
Visual Risk Management ๐
โข Color-Coded P&L Ratio :
- Green (โค0.5): Conservative, favorable risk โ
- Yellow (0.5-1.0): Balanced risk โ ๏ธ
- Red (>1.0): Aggressive, requires higher win rate ๐
โข Position Size Color Coding : Green (quarter) โ Yellow (half) โ Red (max) for quick risk assessment
HOW TO USE THE GSRM INDICATOR
Initial Setup (One-Time Configuration) โ๏ธ
1. Set Account Balance: Enter your total trading account value
2. Configure PDT Protection: Enable for margin accounts โฅ$25,000 to protect required funds
3. Select Leverage: 4:1 (day trading), 2:1 (swing), or 1:1 (cash account)
4. Adjust Risk Percentage: Default 5% of allocated buying power; reduce for conservative approach
Trading Workflow
Pre-Market Preparation: ๐
1. Review daily profit target and max loss displayed in green/red
2. Note your base hit target - this is your standard trade goal
3. Check P&L ratio - ensure it's sustainable for your win rate
Trade Execution: ๐
1. Assess Setup Quality :
โข Strong setup โ Consider half or max position ๐ช
โข Decent setup โ Quarter or half position ๐
โข Testing idea โ Quarter position only ๐งช
2. Select Profit Tier Based on Market Conditions :
โข Choppy market โ Target Tier 1 (5%) ๐
โข Normal conditions โ Target Tier 2 (10%) โก๏ธ
โข Strong momentum โ Target Tier 3 (20%) ๐
3. Choose Stop Method :
โข Percentage stops: Best for stocks with clear support/resistance
โข ATR stops: Better for volatile stocks or news-driven trades. WARNING: this may result in tighter stops, negatively affecting your P&L. To offset this effect, try increasing the number of base hits to achieve your daily profit target and recover from a daily max loss. Be sure the resultant P&L ratio is in the conservative range โค0.5. This will allow you to adjust your per-trade P&L targets without reducing your daily profit target or increasing your max risk.
4. Execute Using Table Values :
โข ๐ Find your position size group (๐ขquarter/๐กhalf/๐ดmax)
โข ๐ Find your profit target row (5%/10%/20%) for your position size group
โข โ ๏ธ Do not exceed the share count and stop-loss values displayed โ ๏ธ
Risk Management Rules ๐ก๏ธ
Daily Limits : ๐จ
โข Stop trading after hitting daily max loss (prevent tilt/revenge trading)
โข Stop trading when a low-risk, minimum-loss trade would exceed your daily max loss (prevent exceeding max)
โข Stop trading if you fall below the Daily Profit Target after having achieved it (prevent tilt/revenge trading)
โข Cold Market: Stop trading after reaching daily profit target (preserve gains) โ๏ธ
โข Hot Market: Three Strikes - stop trading after 3 total max loss trades in a day (prevent tilt/revenge trading) ๐ฅ
Position Management : ๐
โข Never exceed max position size shown (protects from overleverage)
โข Use quarter positions when daily P&L is negative or below first profit goal (40% of target)
โข Use half positions only while daily P&L is above first profit goal (40% of target)
โข Use full positions only while daily P&L is above profit goal (100% of target)
A/B Testing Features ๐งช
Stop-Loss Methods :
โข Week 1: Use percentage-based stops
โข Week 2: Use ATR-based stops
โข Compare win rates and average losses to optimize
Cost Basis Models :
Pick the highest probable cost-basis and keep your entry position below the share count shown to protect from overleveraging your buying power.
โ ๏ธ IMPORTANT: COST BASIS ESTIMATIONS ARE FOR RISK MANAGEMENT CALCULATIONS ONLY - DO NOT USE THIS INFORMATION TO EXECUTE BUY OR SELL ORDERS.
โข Fast movers: Use Last Close for stability ๐or Bid/Ask for real-time price updates (Bid/Ask is only available on 1T charts).
โข Liquid stocks: Try VWMA for better entry estimation ๐ง
โข Reversals/Break of VWAP: Use VWAP when anticipating an entry at the Volume-Weighted Average Price ๐
โข Reversals/Break SMA 200: Use SMA when anticipating an entry at the SMA ๐
โข Momentum/Trending: Use EMA when anticipating an entry at the EMA bounce ๐
โข Price Offset: Plus/Minus $1.00 in $0.10 increments to compensate for slippage, market orders, etc.
Track which method provides better fill estimates. There is no right or wrong choice here because it depends on your style of trading. You can also use the Price Offset option if you find it helps with consistency.
BEST PRACTICES โญ
1. Start Conservative : Use quarter positions and default settings until familiar with the system ๐ฃ
2. Track Results : Document whether you hit Tier 1, 2, or 3 targets ๐
3. Respect the Math : The calculations assume a 50%+ win rate - if yours is lower, reduce position sizes ๐งฎ
4. Daily Review : Compare actual P&L to base hit targets to calibrate expectations ๐
5. Adapt to Conditions : Use ATR stops in volatile markets, percentage stops in stable conditions ๐ก๏ธ
GLOSSARY ๐
โข ATR (Average True Range) : A volatility indicator measuring the average range of price movement
โข PDT (Pattern Day Trader) : SEC rule requiring $25,000 minimum for accounts making 4+ day trades in 5 business days
โข VWAP (Volume-Weighted Average Price) : Average price weighted by volume for the trading session
โข VWMA (Volume-Weighted Moving Average) : Moving average that gives more weight to periods with higher volume
โข SMA (Simple Moving Average) : Unweighted moving average where each data point is of equal importance
โข EMA (Exponential Moving Average) : Moving average that emphasizes the most recent data and information from the market
โข P&L : Profit & Loss
IMPORTANT DISCLAIMERS โ ๏ธ
โข This indicator and any information provided is for educational and informational purposes only and should not be construed as investment advice, financial advice, trading advice, or any other type of advice. You should not make any investment decision based solely on this indicator.
โข All investments and trading involve substantial risk of loss and are not suitable for every investor. You should carefully consider whether trading is suitable for you in light of your experience, objectives, financial resources, and other relevant circumstances. ๐
โข Actual trade results may vary from calculated targets due to slippage, market gaps, and execution delays
โข The creator of this indicator is not a registered investment advisor, broker-dealer, or financial advisor. Nothing contained herein constitutes a recommendation or solicitation to buy or sell any financial instrument.
โข In no event shall the creator be liable for any direct, indirect, incidental, special, or consequential damages arising out of the use of this indicator.
โข This indicator DOES NOT calculate support/resistance levels
โข This indicator DOES NOT provide buy/sell signals
โข This indicator DOES NOT calculate entry prices
โข It is the trader's responsibility to determine an appropriate entry price for their chosen strategy
โข This indicator provides calculations only - execution discipline remains the trader's responsibility
โข Default settings assume PDT margin account rules; adjust for cash accounts
โข P&L ratio colors are guidelines - your actual win rate determines sustainable ratios
โข Always verify position sizes don't exceed account buying power before executing
SUPPORT AND FEEDBACK ๐ฌ
This indicator represents years of trading experience condensed into automated calculations. It's designed to remove emotional decision-making from position sizing while maintaining flexibility for different market conditions and trading styles.
For questions, suggestions, or to share your results using the GSRM strategy, please comment on the TradingView publication page. ๐
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Remember: The goal isn't to hit home runs - it's to get on base consistently while avoiding strikeouts. Small wins compound into large gains over time. โพ๐ฐ
Version: 1.0
License: Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International
- creativecommons.org
Compatibility: TradingView Pine Script v6
