Opening Range IndicatorComplete Trading Guide: Opening Range Breakout Strategy
What Are Opening Ranges?
Opening ranges capture the high and low prices during the first few minutes of market open. These levels often act as key support and resistance throughout the trading day because:
Heavy volume occurs at market open as overnight orders execute
Institutional activity is concentrated during opening minutes
Price discovery happens as market participants react to overnight news
Psychological levels are established that traders watch all day
Understanding the Three Timeframes
OR5 (5-Minute Range: 9:30-9:35 AM)
Most sensitive - captures immediate market reaction
Quick signals but higher false breakout rate
Best for scalping and momentum trading
Use for early entry when conviction is high
OR15 (15-Minute Range: 9:30-9:45 AM)
Balanced approach - most popular among day traders
Moderate sensitivity with better reliability
Good for swing trades lasting several hours
Primary timeframe for most strategies
OR30 (30-Minute Range: 9:30-10:00 AM)
Most reliable but slower signals
Lower false breakout rate
Best for position trades and trend following
Use when looking for major moves
Core Trading Strategies
Strategy 1: Basic Breakout
Setup:
Wait for price to break above OR15 high or below OR15 low
Enter on the breakout candle close
Stop loss: Opposite side of the range
Target: 2-3x the range size
Example:
OR15 range: $100.00 - $102.00 (Range = $2.00)
Long entry: Break above $102.00
Stop loss: $99.50 (below OR15 low)
Target: $104.00+ (2x range size)
Strategy 2: Multiple Confirmation
Setup:
Wait for OR5 break first (early signal)
Confirm with OR15 break in same direction
Enter on OR15 confirmation
Stop: Below OR30 if available, or OR15 opposite level
Why it works:
Multiple timeframe confirmation reduces false signals and increases probability of sustained moves.
Strategy 3: Failed Breakout Reversal
Setup:
Price breaks OR15 level but fails to hold
Wait for re-entry into the range
Enter reversal trade toward opposite OR level
Stop: Recent breakout high/low
Target: Opposite side of range + extension
Key insight: Failed breakouts often lead to strong moves in the opposite direction.
Advanced Techniques
Range Quality Assessment
High-Quality Ranges (Trade these):
Range size: 0.5% - 2% of stock price
Clean boundaries (not choppy)
Volume spike during range formation
Clear rejection at range levels
Low-Quality Ranges (Avoid these):
Very narrow ranges (<0.3% of stock price)
Extremely wide ranges (>3% of stock price)
Choppy, overlapping candles
Low volume during formation
Volume Confirmation
For Breakouts:
Look for volume spike (2x+ average) on breakout
Declining volume often signals false breakout
Rising volume during range formation shows interest
Market Context Filters
Best Conditions:
Trending market days (SPY/QQQ with clear direction)
Earnings reactions or news-driven moves
High-volume stocks with good liquidity
Volatility above average (VIX considerations)
Avoid Trading When:
Extremely low volume days
Major economic announcements pending
Holidays or half-days
Choppy, sideways market conditions
Risk Management Rules
Position Sizing
Conservative: Risk 0.5% of account per trade
Moderate: Risk 1% of account per trade
Aggressive: Risk 2% maximum per trade
Stop Loss Placement
Inside the range: Quick exit but higher stop-out rate
Outside opposite level: More room but larger risk
ATR-based: 1.5-2x Average True Range below entry
Profit Taking
Target 1: 1x range size (take 50% off)
Target 2: 2x range size (take 25% off)
Runner: Trail remaining 25% with moving stops
Specific Entry Techniques
Breakout Entry Methods
Method 1: Immediate Entry
Enter as soon as price closes above/below range
Fastest entry but highest false signal rate
Best for strong momentum situations
Method 2: Pullback Entry
Wait for breakout, then pullback to range level
Enter when price bounces off former resistance/support
Better risk/reward but may miss some moves
Method 3: Volume Confirmation
Wait for breakout + volume spike
Enter after volume confirmation candle
Reduces false signals significantly
Multiple Timeframe Entries
Aggressive: OR5 break โ immediate entry
Conservative: OR5 + OR15 + OR30 all align โ enter
Balanced: OR15 break with OR30 support โ enter
Common Mistakes to Avoid
1. Trading Poor-Quality Ranges
โ Don't trade ranges that are too narrow or too wide
โ
Focus on clean, well-defined ranges with good volume
2. Ignoring Volume
โ Don't chase breakouts without volume confirmation
โ
Always check for volume spike on breakouts
3. Over-Trading
โ Don't force trades when ranges are unclear
โ
Wait for high-probability setups only
4. Poor Risk Management
โ Don't risk more than planned or use tight stops in volatile conditions
โ
Stick to predetermined risk levels
5. Fighting the Trend
โ Don't fade breakouts in strongly trending markets
โ
Align trades with overall market direction
Daily Trading Routine
Pre-Market (8:00-9:30 AM)
Check overnight news and earnings
Review major indices (SPY, QQQ, IWM)
Identify potential opening range candidates
Set alerts for range breakouts
Market Open (9:30-10:00 AM)
Watch opening range formation
Note volume and price action quality
Mark key levels on charts
Prepare for breakout signals
Trading Session (10:00 AM - 4:00 PM)
Execute breakout strategies
Manage existing positions
Trail stops as profits develop
Look for additional setups
Post-Market Review
Analyze winning and losing trades
Review range quality vs. outcomes
Identify improvement areas
Prepare for next session
Best Stocks/ETFs for Opening Range Trading
Large Cap Stocks (Best for beginners):
AAPL, MSFT, GOOGL, AMZN, TSLA
High liquidity, predictable behavior
Good range formation most days
ETFs (Consistent patterns):
SPY, QQQ, IWM, XLF, XLE
Excellent liquidity
Clear range boundaries
Mid-Cap Growth (Advanced traders):
Stocks with good volume (1M+ shares daily)
Recent news catalysts
Clean technical patterns
Performance Optimization
Track These Metrics:
Win rate by range type (OR5 vs OR15 vs OR30)
Average R/R (risk vs reward ratio)
Best performing market conditions
Time of day performance
Continuous Improvement:
Keep detailed trade journal
Review failed breakouts for patterns
Adjust position sizing based on win rate
Refine entry timing based on backtesting
Final Tips for Success
Start small - Paper trade or use tiny positions initially
Focus on quality - Better to miss trades than take bad ones
Stay disciplined - Stick to your rules even during losing streaks
Adapt to conditions - What works in trending markets may fail in choppy conditions
Keep learning - Markets evolve, so should your approach
The opening range strategy is powerful because it captures natural market behavior, but like all strategies, it requires practice, discipline, and proper risk management to be profitable long-term.
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Foresight Cone (HoltxF1xVWAP) [KedArc Quant]Description:
This is a time-series forecasting indicator that estimates the next bar (F1) and projects a path a few bars ahead. It also draws a confidence cone based on how accurate the recent forecasts have been. You can optionally color the projection only when price agrees with VWAP.
Why itโs different
* One clear model: Everything comes from Holtโs trend-aware forecasting methodโno mix of unrelated indicators.
* Transparent visuals: You see the next-bar estimate (F1), the forward projection, and a cone that widens or narrows based on recent forecast error.
* Context, not signals: The VWAP option only changes colors. It doesnโt add trade rules.
* No look-ahead: Accuracy is measured using the forecast made on the previous bar versus the current bar.
Inputs (what they mean)
* Source: Price series to forecast (default: Close).
* Preset: Quick profiles for fast, smooth, or momentum markets (see below).
* Alpha (Level): How fast the model reacts to new prices. Higher = faster, twitchier.
* Beta (Trend): How fast the model updates the slope. Higher = faster pivots, more flips in chop.
* Horizon: How many bars ahead to project. Bigger = wider cone.
* Residual Window: How many bars to judge recent accuracy. Bigger = steadier cone.
* Confidence Z: How wide the cone should be (typical setting โ โ95% styleโ width).
* Show Bands / Draw Forward Path: Turn the cone and forward lines on/off.
* Color only when aligned with VWAP: Highlights projections only when price agrees with the trend side of VWAP.
* Colors / Show Panel: Styling plus a small panel with RMSE, MAPE, and trend slope.
Presets (when to pick which)
* Scalp / Fast (1-min): Very responsive; best for quick moves. More twitch in chop.
* Smooth Intraday (1โ5 min): Calmer and steadier; a good default most days.
* Momentum / Breakout: Quicker slope tracking during strong pushes; may over-react in ranges.
* Custom: Set your own values if you know exactly what you want.
What is F1 here?
F1 is the modelโs next-bar fair value. Crosses of price versus F1 can hint at short-term momentum shifts or mean-reversion, especially when viewed with VWAP or the cone.
How this helps
* Gives a baseline path of where price may drift and a cone that shows normal wiggle room.
* Helps you tell routine noise (inside cone) from information (edges or breaks outside the cone).
* Keeps you aware of short-term bias via the trend slope and F1.
How to use (step by step)
1. Add to chart โ choose a Preset (start with Smooth Intraday).
2. Set Horizon around 8โ15 bars for intraday.
3. (Optional) Turn on VWAP alignment to color only when price agrees with the trend side of VWAP.
4. Watch where price sits relative to the cone and F1:
* Inside = normal noise.
* At edges = stretched.
* Outside = possible regime change.
5. Check the panel: if RMSE/MAPE spike, expect a wider cone; consider a smoother preset or a higher timeframe.
6. Tweak Alpha/Beta only if needed: faster for momentum, slower for chop.
7. Combine with your own plan for entries, exits, and risk.
Accuracy Panel โ what it tells you
Preset & Horizon: Shows which preset youโre using and how many bars ahead the projection goes. Longer horizons mean more uncertainty.
RMSE (error in price units): A โtypical missโ measured in the chartโs currency (e.g., โน).
Lower = tighter fit and a usually narrower cone. Rising = conditions getting noisier; the cone will widen.
MAPE (error in %): The same idea as RMSE but in percent.
Good for comparing different symbols or timeframes. Sudden spikes often hint at a regime change.
Slope T: The modelโs short-term trend reading.
Positive = gentle up-bias; negative = gentle down-bias; near zero = mostly flat/drifty.
How to read it at a glance
Calm & directional: RMSE/MAPE steady or falling + Slope T positive (or negative) โ trends tend to respect the coneโs mid/upper (or mid/lower) area.
Choppy/uncertain: RMSE/MAPE climbing or jumping โ expect more whipsaw; rely more on the cone edges and higher-TF context.
Flat tape: Slope T near zero โ mean-revert behavior is common; treat cone edges as stretch zones rather than breakout zones.
Warm-up & tweaks
Warm-up: Right after adding the indicator, the panel may be blank for a short time while it gathers enough bars.
Too twitchy? Switch to Smooth Intraday or increase the Residual Window.
Too slow? Use Scalp/Fast or Momentum/Breakout to react quicker.
Timeframe tips
* 1โ3 min: Scalp/Fast or Momentum/Breakout; horizon \~8โ12.
* 5โ15 min: Smooth Intraday; horizon \~12โ15.
* 30โ60 min+: Consider a larger residual window for a steadier cone.
FAQ
Q: Is this a strategy or an indicator?
A: Itโs an indicator only. It does not place orders, TP/SL, or run backtests.
Q: Does it repaint?
A: The next-bar estimate (F1) and the cone are calculated using only information available at that time. The forward path is a projection drawn on the last bar and will naturally update as new bars arrive. Historical bars arenโt revised with future data.
Q: What is F1?
A: F1 is the indicatorโs best guess for the next bar.
Price crossing above/below F1 can hint at short-term momentum shifts or mean-reversion.
Q: What do โAlphaโ and โBetaโ do?
A: Alpha controls how fast the indicator reacts to new prices
(higher = faster, twitchier). Beta controls how fast the slope updates (higher = quicker pivots, more flips in chop).
Q: Why does the cone width change?
A: It reflects recent forecast accuracy. When the market gets noisy, the cone widens. When the tape is calm, it narrows.
Q: What does the Accuracy Panel tell me?
A:
* Preset & Horizon youโre using.
* RMSE: typical forecast miss in price units.
* MAPE: typical forecast miss in percent.
* Slope T: short-term trend reading (up, down, or flat).
If RMSE/MAPE rise, expect a wider cone and more whipsaw.
Q: The panel shows โโฆโ or looks empty. Why?
A: It needs a short warm-up to gather enough bars. This is normal after you add the indicator or change settings/timeframes.
Q: Which timeframe is best?
A:
* 1โ3 min: Scalp/Fast or Momentum/Breakout, horizon \~8โ12.
* 5โ15 min: Smooth Intraday, horizon \~12โ15.
Higher timeframes work too; consider a larger residual window for steadier cones.
Q: Which preset should I start with?
A: Start with Smooth Intraday. If the market is trending hard, try Momentum/Breakout.
For very quick tapes, use Scalp/Fast. Switch back if things get choppy.
Q: What does the VWAP option do?
A: It only changes colors (highlights when price agrees with the trend side of VWAP).
It does not add or remove signals.
Q: Are there alerts?
A: Yesโalerts for price crossing F1 (up/down). Use โOnce per bar closeโ to reduce noise on fast charts.
Q: Can I use this on stocks, futures, crypto, or FX?
A: Yes. It works on any symbol/timeframe. You may want to adjust Horizon and the Residual Window based on volatility.
Q: Can I use it with Heikin Ashi or other non-standard bars?
A: You can, but remember youโre forecasting the synthetic series of those bars. For pure price behavior, use regular candles.
Q: The cone feels too wide/too narrow. What do I change?
A:
* Too wide: lower Alpha/Beta a bit or increase the Residual Window.
* Too narrow (misses moves): raise Alpha/Beta slightly or try Momentum/Breakout.
Q: Why do results change when I switch timeframe or symbol?
A: Different noise levels and trends. The accuracy stats reset per chart, so the cone adapts to each context.
Q: Any limits or gotchas?
A: Extremely large Horizon may hit TradingViewโs line-object limits; reduce Horizon or turn
off extra visuals if needed. Big gaps or news spikes will widen errorsโexpect the cone to react.
Q: Can this predict exact future prices?
A: No. It provides a baseline path and context. Always combine with your own rules and risk management.
Glossary
* TS (Time Series): Data over time (prices).
* Holtโs Method: A forecasting approach that tracks a current level and a trend to predict the next bars.
* F1: The indicatorโs best guess for the next bar.
* F(h): The projected value h bars ahead.
* VWAP: Volume-Weighted Average Priceโused here for optional color alignment.
* RMSE: Typical forecast miss in price units (how far off, on average).
* MAPE: Typical forecast miss in percent (scale-free, easy to compare).
Notes & limitations
* The panel needs a short warm-up; stats may be blank at first.
* The cone reflects recent conditions; sudden volatility changes will widen it.
* This is a tool for context. It does not place trades and does not promise results.
โ ๏ธ Disclaimer
This script is provided for educational purposes only.
Past performance does not guarantee future results.
Trading involves risk, and users should exercise caution and use proper risk management when applying this strategy.
Institutional Levels (CNN) - [PhenLabs]๐Institutional Levels (Convolutional Neural Network-inspired)
Version : PineScriptโขv6
๐Description
The CNN-IL Institutional Levels indicator represents a breakthrough in automated zone detection technology, combining convolutional neural network principles with advanced statistical modeling. This sophisticated tool identifies high-probability institutional trading zones by analyzing pivot patterns, volume dynamics, and price behavior using machine learning algorithms.
The indicator employs a proprietary 9-factor logistic regression model that calculates real-time reaction probabilities for each detected zone. By incorporating CNN-inspired filtering techniques and dynamic zone management, it provides traders with unprecedented accuracy in identifying where institutional money is likely to react to price action.
๐Points of Innovation
โ CNN-Inspired Pivot Analysis - Advanced binning system using convolutional neural network principles for superior pattern recognition
โ Real-Time Probability Engine - Live reaction probability calculations using 9-factor logistic regression model
โ Dynamic Zone Intelligence - Automatic zone merging using Intersection over Union (IoU) algorithms
โ Volume-Weighted Scoring - Time-of-day volume Z-score analysis for enhanced zone strength assessment
โ Adaptive Decay System - Intelligent zone lifecycle management based on touch frequency and recency
โ Multi-Filter Architecture - Optional gradient, smoothing, and Difference of Gaussians (DoG) convolution filters
๐งCore Components
โ Pivot Detection Engine - Advanced pivot identification with configurable left/right bars and ATR-normalized strength calculations
โ Neural Network Binning - Price level clustering using CNN-inspired algorithms with ATR-based bin sizing
โ Logistic Regression Model - 9-factor probability calculation including distance, width, volume, VWAP deviation, and trend analysis
โ Zone Management System - Intelligent creation, merging, and decay algorithms for optimal zone lifecycle control
โ Visualization Layer - Dynamic line drawing with opacity-based scoring and optional zone fills
๐ฅKey Features
โ High-Probability Zone Detection - Automatically identifies institutional levels with reaction probabilities above configurable thresholds
โ Real-Time Probability Scoring - Live calculation of zone reaction likelihood using advanced statistical modeling
โ Session-Aware Analysis - Optional filtering to specific trading sessions for enhanced accuracy during active market hours
โ Customizable Parameters - Full control over lookback periods, zone sensitivity, merge thresholds, and probability models
โ Performance Optimized - Efficient processing with controlled update frequencies and pivot processing limits
โ Non-Repainting Mode - Strict mode available for backtesting accuracy and live trading reliability
๐จVisualization
โ Dynamic Zone Lines - Color-coded support and resistance levels with opacity reflecting zone strength and confidence scores
โ Probability Labels - Real-time display of reaction probabilities, touch counts, and historical hit rates for active zones
โ Zone Fills - Optional semi-transparent zone highlighting for enhanced visual clarity and immediate pattern recognition
โ Adaptive Styling - Automatic color and opacity adjustments based on zone scoring and statistical significance
๐Usage Guidelines
โ Lookback Bars - Default 500, Range 100-1000, Controls the historical data window for pivot analysis and zone calculation
โ Pivot Left/Right - Default 3, Range 1-10, Defines the pivot detection sensitivity and confirmation requirements
โ Bin Size ATR units - Default 0.25, Range 0.1-2.0, Controls price level clustering granularity for zone creation
โ Base Zone Half-Width ATR units - Default 0.25, Range 0.1-1.0, Sets the minimum zone width in ATR units for institutional level boundaries
โ Zone Merge IoU Threshold - Default 0.5, Range 0.1-0.9, Intersection over Union threshold for automatic zone merging algorithms
โ Max Active Zones - Default 5, Range 3-20, Maximum number of zones displayed simultaneously to prevent chart clutter
โ Probability Threshold for Labels - Default 0.6, Range 0.3-0.9, Minimum reaction probability required for zone label display and alerts
โ Distance Weight w1 - Controls influence of price distance from zone center on reaction probability
โ Width Weight w2 - Adjusts impact of zone width on probability calculations
โ Volume Weight w3 - Modifies volume Z-score influence on zone strength assessment
โ VWAP Weight w4 - Controls VWAP deviation impact on institutional level significance
โ Touch Count Weight w5 - Adjusts influence of historical zone interactions on probability scoring
โ Hit Rate Weight w6 - Controls prior success rate impact on future reaction likelihood predictions
โ Wick Penetration Weight w7 - Modifies wick penetration analysis influence on probability calculations
โ Trend Weight w8 - Adjusts trend context impact using ADX analysis for directional bias assessment
โ
Best Use Cases
โ Swing Trading Entries - Enter positions at high-probability institutional zones with 60%+ reaction scores
โ Scalping Opportunities - Quick entries and exits around frequently tested institutional levels
โ Risk Management - Use zones as dynamic stop-loss and take-profit levels based on institutional behavior
โ Market Structure Analysis - Identify key institutional levels that define current market structure and sentiment
โ Confluence Trading - Combine with other technical indicators for high-probability trade setups
โ Session-Based Strategies - Focus analysis during high-volume sessions for maximum effectiveness
โ ๏ธLimitations
โ Historical Pattern Dependency - Algorithm effectiveness relies on historical patterns that may not repeat in changing market conditions
โ Computational Intensity - Complex calculations may impact chart performance on lower-end devices or with multiple indicators
โ Probability Estimates - Reaction probabilities are statistical estimates and do not guarantee actual market outcomes
โ Session Sensitivity - Performance may vary significantly between different market sessions and volatility regimes
โ Parameter Sensitivity - Results can be highly dependent on input parameters requiring optimization for different instruments
๐กWhat Makes This Unique
โ CNN Architecture - First indicator to apply convolutional neural network principles to institutional-level detection
โ Real-Time ML Scoring - Live machine learning probability calculations for each zone interaction
โ Advanced Zone Management - Sophisticated algorithms for zone lifecycle management and automatic optimization
โ Statistical Rigor - Comprehensive 9-factor logistic regression model with extensive backtesting validation
โ Performance Optimization - Efficient processing algorithms designed for real-time trading applications
๐ฌHow It Works
โ Multi-timeframe pivot identification - Uses configurable sensitivity parameters for advanced pivot detection
โ ATR-normalized strength calculations - Standardizes pivot significance across different volatility regimes
โ Volume Z-score integration - Enhanced pivot weighting based on time-of-day volume patterns
โ Price level clustering - Neural network binning algorithms with ATR-based sizing for zone creation
โ Recency decay applications - Weights recent pivots more heavily than historical data for relevance
โ Statistical filtering - Eliminates low-significance price levels and reduces market noise
โ Dynamic zone generation - Creates zones from statistically significant pivot clusters with minimum support thresholds
โ IoU-based merging algorithms - Combines overlapping zones while maintaining accuracy using Intersection over Union
โ Adaptive decay systems - Automatic removal of outdated or low-performing zones for optimal performance
โ 9-factor logistic regression - Incorporates distance, width, volume, VWAP, touch history, and trend analysis
โ Real-time scoring updates - Zone interaction calculations with configurable threshold filtering
โ Optional CNN filters - Gradient detection, smoothing, and Difference of Gaussians processing for enhanced accuracy
๐กNote
This indicator represents advanced quantitative analysis and should be used by traders familiar with statistical modeling concepts. The probability scores are mathematical estimates based on historical patterns and should be combined with proper risk management and additional technical analysis for optimal trading decisions.
EMP Probabilistic [CHE]Part 1 โ For Traders (Practical Overview, no formulas)
What this tool does
EMP Probabilistic \ turns raw price action into a clean, probability-aware map. It builds two adaptive bands around the session open of a higher timeframe you choose (called the S-timeframe) and highlights a robust median threshold. At a glance you know:
Where price has recently tended to stay,
Whether current momentum sits above or below the median, and
A live Long vs. Short probability based on recent outcomes.
Why it improves decisions
Objective context in any regime: The nonparametric band comes straight from recent market behavior, without assuming a particular distribution.
Volatility-aware risk lens: The parametric band adapts to current volatility, helping you judge stretch and room for continuation or snap-back.
No lookahead: All stats update only after an S-bar is finished. That means the panel reflects information you truly had at that time.
How to read the chart
Orange band = empirical, distribution-free range derived from recent session returns (nonparametric).
Teal band = volatility-scaled range around the session open (parametric).
Median dots: green when close is above the median threshold, red when below.
Info panel: shows the active S-timeframe, window sizes, live coverage for both bands, the internal width parameter and volatility estimate, plus a one-line summary.
Probability label: โLong XX% โข Short YY%โ โ a simple read on the recent balance of up vs. down S-bars.
How to use it (quick start)
1. Choose S-timeframe with Auto, Multiplier, or Manual. โAutoโ scales your chart TF up to a sensible higher step.
2. Set alpha to control how tight the inner band should be. A typical value gives you a comfortable center zone without cutting off healthy trends.
3. Trade the context:
Trend-following: Prefer longs when price holds above the median; prefer shorts when it stays below.
Mean-reversion: Fade moves near the outer edges during ranges; look for reversion back toward the median.
Breakout filter: Require closes that push and hold beyond the volatility band for momentum plays; avoid noise when price chops inside the middle of the orange band.
Risk management made practical
Size positions relative to the teal band width to keep risk consistent across instruments and regimes.
For stops, many traders set them just beyond the opposite orange bound or use a fraction of the teal band.
Watch the panelโs coverage readouts and Brier score; when they deteriorate, the market may be shifting โ reduce size or demand stronger confirmation.
Suggested presets
Scalping (Crypto/FX): Auto S-TF, alpha around a fifth, calibration window near two hundred, RS volatility, metrics window near two hundred.
Intraday Futures: Multiplier 3โ5ร your chart TF; similar alpha and window sizes; RS volatility is a solid default.
Swing/Equities: S-TF at least daily; test both RS and GK volatility modes; keep windows on the larger side for stability.
What makes it different
Two complementary lenses: a distribution-free read of recent behavior and a volatility-scaled read for risk and stretch.
Self-calibrating width: the parametric band quietly nudges its internal multiplier so actual coverage tracks your target.
Clean UX: grouped inputs, tooltips, an info panel that tells you whatโs going on, and a simple median bias you can act on.
Repainting & timing
The logic updates only when the S-bar closes. On lower-timeframe charts youโll see intrabar flips of the dot color โ thatโs just live price moving around. For strict signals, confirm on S-bar close.
Friendly note (not financial advice)
Use this as a context engine. It wonโt predict the future, but it will keep you on the right side of probability and volatility more often, which is exactly where consistency starts.
Part 2 โ Under the Hood (Conceptual, no formulas)
Data and timeframe design
The script works on a higher S-timeframe you select. It fetches the open, high, low, close, and time of that S-bar. Internally, it only updates its rolling windows after an S-bar has finished. It then pushes the previous S-barโs statistics into its arrays. That design removes lookahead and keeps the metrics out-of-sample relative to the current S-bar.
Nonparametric band (distribution-free)
The orange band comes from the empirical distribution of recent session-level close-minus-open moves. The script keeps a rolling window, sorts a safe copy, and reads three key points: a lower bound, a median, and an upper bound. Because itโs based purely on observed outcomes, it adapts naturally to skew, fat tails, and regime shifts without assuming any particular shape. The orange range shows โwhere price has tended to liveโ lately on the chosen S-timeframe.
Parametric band (volatility-scaled)
The teal band models log-space variability around the session open using one of two well-known OHLC volatility estimators: RogersโSatchell or GarmanโKlass. Each estimator contributes a per-bar variance figure; the script averages these across the rolling window to form a current volatility scale. It then builds a symmetric band around the session open in price space. This gives you a volatility-aware notion of stretch that complements the distribution-free orange band.
Self-calibration of band width
The teal band has an internal width multiplier. After each completed S-bar the script checks whether the realized move stayed inside that band. If the band was too tight, the multiplier is nudged upward; if it was too loose, itโs eased downward. A simple learning rate governs how quickly it adapts. Over time this keeps the realized inside-coverage close to the target implied by your alpha setting, without you having to hand-tune anything.
Long/Short probability and calibration quality
The Long vs. Short probability is a transparent statistic: itโs just the recent fraction of up sessions in the rolling window. It is not a complex model โ and thatโs the point. You get an honest, intuitive read on directional tendency.
To monitor how well this simple probability lines up with reality, the script tracks a Brier-style score over a separate metrics window. Lower is better: it means your recent probability read has matched outcomes more closely.
Coverage tracking for both bands
The panel reports coverage for the orange band (nonparametric) and the teal band (parametric). These are rolling averages of how often recent S-bar moves landed inside each band. Watching these two numbers tells you whether market behavior still aligns with the recent distribution and with the current volatility model.
Why it doesnโt repaint
Because the arrays update only when an S-bar closes and only push the previous barโs stats, the panel and metrics reflect information you had at the time. Intrabar visuals can change while a bar is forming โ thatโs expected โ but the decision framework itself is anchored to completed S-bars.
Performance and practicality
The heaviest step is sorting a copy of the window for the nonparametric band. With typical window sizes this stays responsive on TradingView. The volatility estimators and rolling averages are lightweight. Inputs are grouped with clear tooltips so you can tune without hunting.
Limitations and good practice
In thin or gappy markets the bands can jump; consider a larger window or a higher S-timeframe.
During violent regime shifts, shorten the window and increase the learning rate slightly so the teal band catches up faster โ but donโt overdo it, or youโll chase noise.
The Long/Short probability is intentionally simple; itโs a context indicator, not a standalone signal factory. Combine it with structure, volume, or your execution rules.
Takeaway
Under the hood, the script blends empirical behavior and volatility scaling, then self-calibrates so the teal bandโs real-world coverage stays near your target. You get clarity, consistency, and a dashboard that tells you when its own assumptions are holding up โ exactly what you need to trade with confidence.
Disclaimer
The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context.
Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved.
By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk.
Best regards and happy trading
Chervolino
Day Trader Trend & Triggers + Mini-Meter โ v6**Day Trader Trend & Triggers โ Intraday**
A fast, intraday trend and entry tool designed for **1mโ15m charts**. It identifies **strong up/down trends** using:
* **MA ribbon:** EMA9 > EMA21 > EMA50 (or inverse) for directional bias.
* **Momentum:** RSI(50-line) and MACD histogram flips.
* **Volume & VWAP:** only confirms when volume expands above SMA(20) and price is above/below VWAP.
* **Higher-TF bias filter (optional):** e.g., align 1m/5m signals with the 15m trend.
When all align, the background highlights and the mini-meter shows UP/DOWN.
It also plots **entries**:
* **Pullbacks** to EMA21/EMA50 with a MACD re-cross,
* **Breakouts** of recent highs/lows on strong volume.
Built-in **alerts** for trend flips, pullbacks, and breakouts let you trade hands-off.
Best used on **5m for active day trades**, with 1m/3m for scalping and 15m for cleaner intraday swings.
Day Trader Trend & Triggers โ v6**Day Trader Trend & Triggers โ Intraday**
A fast, intraday trend and entry tool designed for **1mโ15m charts**. It identifies **strong up/down trends** using:
* **MA ribbon:** EMA9 > EMA21 > EMA50 (or inverse) for directional bias.
* **Momentum:** RSI(50-line) and MACD histogram flips.
* **Volume & VWAP:** only confirms when volume expands above SMA(20) and price is above/below VWAP.
* **Higher-TF bias filter (optional):** e.g., align 1m/5m signals with the 15m trend.
When all align, the background highlights and the mini-meter shows UP/DOWN.
It also plots **entries**:
* **Pullbacks** to EMA21/EMA50 with a MACD re-cross,
* **Breakouts** of recent highs/lows on strong volume.
Built-in **alerts** for trend flips, pullbacks, and breakouts let you trade hands-off.
Best used on **5m for active day trades**, with 1m/3m for scalping and 15m for cleaner intraday swings.
Price Level Highlighter [ldlwtrades]This indicator is a minimalist and highly effective tool designed for traders who incorporate institutional concepts into their analysis. It automates the identification of key psychological price levels and adds a unique, dynamic layer of information to help you focus on the most relevant area of the market. Inspired by core principles of market structure and liquidity, it serves as a powerful visual guide for anticipating potential support and resistance.
The core idea is simple: specific price points, particularly those ending in round numbers or common increments, often act as magnets or barriers for price. While many indicators simply plot static lines, this tool goes further by intelligently highlighting the single most significant level in real-time. This dynamic feature allows you to quickly pinpoint where the market is currently engaged, offering a clear reference point for your trading decisions. It reduces chart clutter and enhances your focus on the immediate price action.
Features
Customizable Price Range: Easily define a specific Start Price and End Price to focus the indicator on the most relevant area of your chart, preventing unnecessary clutter.
Adjustable Increment: Change the interval of the lines to suit your trading style, from high-frequency increments (e.g., 10 points) for scalping to wider intervals (e.g., 50 or 100 points) for swing trading.
Intelligent Highlighting: A key feature that automatically identifies and highlights the single horizontal line closest to the current market price with a distinct color and thickness. This gives you an immediate visual cue for the most relevant price level.
Highly Customizabile: Adjust the line color, style, and width for both the main lines and the highlighted line to fit your personal chart aesthetic.
Usage
Apply the indicator to your chart.
In the settings, input your desired price range (Start Price and End Price) to match the market you are trading.
Set the Price Increment to your preferred density.
Monitor the chart for the highlighted line. This is your active price level and a key area of interest.
Combine this tool with other confirmation signals (e.g., order blocks, fair value gaps, liquidity pools) to build higher-probability trade setups.
Best Practices
Pairing: This tool is effective across all markets, including stocks, forex, indices, and crypto. It is particularly useful for volatile markets where price moves rapidly between psychological levels.
Mindful Analysis: Use the highlighted level as a reference point for your analysis, not as a standalone signal. A break above or below this level can signify a shift in market control.
Backtesting: Always backtest the indicator on your preferred market and timeframe to understand how it performs under different conditions.
Katz Candle Momentum Reversal Indicator v4.1Katz Candle Momentum Reversal Indicator (CMRI) v4.1
Overview
The Katz CMRI is a comprehensive trading indicator designed to identify trend direction, momentum shifts, and potential market reversals. It combines several different concepts into a single, cohesive visual tool.
At its core, the indicator uses a custom Line Break chart calculation to filter out market noise and a Heikin-Ashi-style formula to smooth price action. This combination helps to more clearly define the underlying trend. The main output is a dynamic, multi-colored trend line accompanied by various signals that appear directly on your chart. It's designed to help traders stay with the trend while also spotting key moments of expansion, contraction, and potential reversal.
How to Interpret the Indicator
The indicator has several key visual components:
Main Trend Line: This is the thick, central line that changes color.
Green: Indicates a bullish (upward) trend.
Red: Indicates a bearish (downward) trend.
Faded/Light Colors: Suggest a potential loss of momentum or a pullback within the trend.
White: Signals a significant break in the trend structure.
Trend Cloud: The shaded area between the main trend line and the white midline (mid). A green cloud shows the trend is above the midpoint, while a red cloud shows it's below.
Upper/Lower Bands: The aqua (Trend Up) and yellow (Trend Down) lines represent the recent highs and lows of the established trend. When price is pushing against these bands, it signals trend strength.
Background Colors:
Gray: A "Contraction Zone." This indicates that the trend is losing momentum and consolidating, warning of potential chop or a reversal.
Blue: An "Expansion Event." This highlights a sudden increase in momentum in the direction of the trend.
Signal Shapes:
Diamonds: These are the primary entry signals. A green diamond below a candle signals a potential long entry, while a red diamond above a candle signals a potential short entry.
โฌ๏ธโฌ๏ธ Arrows: These are secondary momentum signals. They can be used as confirmation that the trend is continuing.
Trading Strategy & Rules
This strategy uses the primary diamond signals for entries and trend changes for exits.
Long Trade (Buy) Rules
Entry: Wait for a green diamond to appear below the price candles. For confirmation, the main trend line should turn solid green, and the price should ideally be above the white midline.
Exit:
Stop Loss: Place a stop loss below the recent swing low or below the candle where the green diamond appeared.
Take Profit: Consider exiting the trade when a red diamond appears above the candles, signaling a potential trend reversal. Alternatively, a trader might exit if the background turns gray (Contraction Zone), indicating the bullish momentum has faded.
Short Trade (Sell) Rules
Entry: Wait for a red diamond to appear above the price candles. For confirmation, the main trend line should turn solid red, and the price should ideally be below the white midline.
Exit:
Stop Loss: Place a stop loss above the recent swing high or above the candle where the red diamond appeared.
Take Profit: Consider exiting the trade when a green diamond appears below the candles. A gray "Contraction Zone" can also serve as an early warning to exit as bearish momentum wanes.
Indicator Filters Explained
The indicator includes a "Trend Filter Type" setting that allows you to adjust its sensitivity. This can help reduce false signals in choppy markets.
Raw: This is the most sensitive setting. It will generate a trend change signal as soon as the basic conditions are met. Use this for scalping or in strongly trending markets, but be aware that it may produce more false signals.
OutStep: This is the default, balanced setting. It adds an extra layer of confirmation by requiring the main trend line itself to be moving in the direction of the new trend. For example, a new green signal will only be confirmed if the trend line's value is higher than its previous value. This helps filter out weak signals.
FullStep: This is the most conservative and filtered setting. It includes the "OutStep" logic and adds further conditions related to the upper and lower trend bands. This setting will produce the fewest signals, but they are generally the highest quality, making it suitable for swing trading or avoiding choppy market conditions.
Disclaimer
This indicator is a tool for technical analysis and should not be considered financial advice. All trading involves substantial risk, including the possible loss of principal. Past performance is not indicative of future results. The signals generated by this indicator are for educational and informational purposes only. You are solely responsible for any trading decisions you make. Use this indicator at your own risk.
Dynamic Stop Loss Optimizer [BackQuant]Dynamic Stop Loss Optimizer
Overview
Stop placement decides expectancy. This tool gives you three professional-grade, adaptive stop engines, ATR, Volatility, and Hybrid. So your exits scale with current conditions instead of guessing fixed ticks. It trails intelligently, redraws as the market evolves, and annotates the chart with clean labels/lines and a compact stats table. Pick the engine that fits the trade, or switch on the fly.
What it does
Calculates three adaptive stops in real time (ATR-based, Volatility-based, and Hybrid) and keeps them trailed as price makes progress.
Shows exactly where your risk lives with on-chart levels, color-coded markers (long/short), and precise โRisk %โ labels at the current bar.
Surfaces context you actually use - current ATR, daily volatility, selected method, and the live stop levelโin a tidy, movable table.
Fires alerts on stop hits so you can automate exits or journal outcomes without staring at the screen.
Why it matters
Adaptive risk control: Stops expand in fast tape and tighten in quiet tape. Youโre not punished for volatility; youโre aligned with it.
Consistency across assets: The same playbook works whether youโre trading indexes, FX, crypto, or equities, because the engine normalizes to each symbolโs behavior.
Cleaner decision-making: One chart shows your entry idea and its invalidation in the same breath. If price trespasses, you know it instantly.
The three methods (choose your engine)
1) ATR Based โStructure-awareโ distance
This classic approach keys off Average True Range to set a stop just beyond typical bar-to-bar excursion. It adapts smoothly to changing ranges and respects swing structure.
Use when: you want a steady, intuitive buffer that tracks trend legs without hugging price.
See it in action:
2) Volatility Based โBehavior-awareโ distance
This engine derives stop distance from current return volatility (annualized, then scaled back down to the session). It reacts to regime shifts quickly and normalizes risk across symbols with very different prices.
Use when: you want the stop to breathe with realized volatility and respond faster to heat-ups/cool-downs.
See it in action:
3) Hybrid โBest of both worldsโ
The Hybrid blends the ATR and Volatility distances into one consensus level, then trails it intelligently. You get the structural common sense of ATR and the regime sensitivity of Vol.
Use when: you want robust, all-weather behavior without micromanaging inputs.
See it in action:
How it trails
Longs: The stop ratchets up with favorable movement and holds its ground on shallow pullbacks. If price closes back into the risk zone, the level refreshes to the newest valid distance.
Shorts: Mirror logic ratchets down with trend, resists noise, and refreshes if price reclaims the zone.
Hybrid trailing: Uses the blended distance and the same โno give-backsโ principle to keep gains protected as structure builds.
Reading the chart
Markers: Circles = ATR stops, Crosses = Vol stops, Diamonds = Hybrid. Colors indicate long (red level under price) vs short (green level above price).
Lines: The latest active stop is extended with a dashed line so you can see it at a glance.
Labels: โLong SL / Short SLโ shows the exact price and current risk % from the last close no math required.
Table: ATR value, Daily Vol %, your chosen Method, the Current SL, and Risk %โall in one compact block that you can pin top-left/right/center.
Quick workflow
Define the idea: Long or Short, and which engine fits the tape (ATR, Vol, or Hybrid).
Place and trail: Let the optimizer print the level; trail automatically as the move develops.
Manage outcomes: If the line is tagged, youโre out clean. If it holds, youโve contained heat while giving the trade room to work.
Inputs youโll actually touch
Calculation Settings
ATR Length / Multiplier: Controls the โstructuralโ cushion.
Volatility Length / Multiplier: Controls the โbehavioralโ cushion.
Trading Days: 252 or 365 to keep the volatility math aligned with the assetโs trading calendar.
Stop Loss Method
ATR Based | Volatility Based | Hybrid : Switch engines instantly to fit the trade.
Position Type
Long | Short | Both : Show only what you need for the current strategy.
Visual Settings
Show ATR / Vol / Hybrid Stops: Toggle families on/off.
Show Labels: Print price + Risk % at the live stop.
Table Position: Park the metrics where you like.
Coloring
Long/Short/Hybrid colors: Set a palette that matches your theme and stands out on your background.
Practical patterns to watch
Trend-pullback continuation: The stop ratchets behind higher lows (long) or lower highs (short). If price tests the level and rejects, thatโs your risk-defined continuation cue.
Break-and-run: After a clean break, the Hybrid will usually sit slightly wider than pure Vol, use it to avoid getting shaken on the first retest.
Range compression: When the ATR and Vol distances converge, the table will show small Risk %. Thatโs your green light to size up with the same dollar risk, or keep it conservative if you expect expansion.
Alerts
Long Stop Loss Hit : Notifies when price crosses below the live long stop.
Short Stop Loss Hit : Notifies when price crosses above the live short stop.
Why this feels โset-and-seriousโ
You get a single look that answers three questions in real time: โWhereโs my line in the sand?โ, โHow much heat am I taking right now?โ, and โIs this distance appropriate for current conditions?โ With ATR, Vol, and Hybrid in one tool, you can run the exact same playbook across symbols and regimes while keeping your chart clean and your risk explicit.
Trend Magic EMA RMI Trend Sniper๐ Indicator Name:
Trend Magic + EMA + MA Smoothing + RMI Trend Sniper
๐ Description:
This is a multi-functional trend and momentum indicator that combines four powerful tools into a single overlay:
Trend Magic โ Plots a dynamic support/resistance line based on CCI and ATR.
Helps identify trend direction (green = bullish, red = bearish).
Acts as a trailing stop or dynamic level for trade entries/exits.
Exponential Moving Average (EMA) โ Smooths price data to highlight the underlying trend.
Customizable length, source, and offset.
Serves as a trend filter or moving support/resistance.
MA Smoothing + Bollinger Bands (Optional) โ Adds a secondary smoothing filter based on your choice of SMA, EMA, WMA, VWMA, or SMMA.
Optional Bollinger Bands visualize volatility expansion/contraction.
Great for spotting consolidations and breakout opportunities.
RMI Trend Sniper โ A momentum-based system combining RSI and MFI.
Highlights bullish (green) or bearish (red) conditions.
Plots a Range-Weighted Moving Average (RWMA) channel to gauge price positioning.
Provides visual BUY/SELL labels and optional bar coloring for fast decision-making.
๐ Uses & Trading Applications:
โ
Trend Identification: Spot the dominant market direction quickly with Trend Magic & EMA.
โ
Momentum Confirmation: RMI Sniper helps confirm whether the market has strong bullish or bearish pressure.
โ
Dynamic Support/Resistance: Trend Magic & EMA act as adaptive levels for stop-loss or trailing positions.
โ
Volatility Analysis: Optional Bollinger Bands show squeezes and potential breakout setups.
โ
Entry/Exit Signals: BUY/SELL alerts and color-coded candles make spotting trade opportunities simple.
๐ก Best Use Cases:
Swing Trading: Follow Trend Magic + EMA alignment for higher probability trades.
Scalping/Intraday: Use RMI signals with bar coloring for quick momentum entries.
Trend Following Strategies: Ride trends until Trend Magic flips direction.
Breakout Trading: Watch for price closing outside the Bollinger Bands with RMI confirmation.
Fiery River Torgi### Description of the "Fiery River" (FR) Indicator
**Overview of the Indicator**
"Fiery River" (abbreviated as FR, with variants like "FR-Torg") is a technical indicator for TradingView, written in Pine Script version 6. It combines Fibonacci levels with exponential moving averages (EMAs) and standard deviations to dynamically plot support and resistance zones on price charts. The indicator calculates "effective close" prices based on candlestick bodies for better volatility representation, then derives levels using custom Fibonacci multipliers applied to deviations from the EMA midline. It supports multi-timeframe analysis by incorporating a secondary timeframe, making it ideal for traders analyzing trends, reversals, and extensions in various markets like forex or crypto. The name evokes a "fiery" stream of adaptive levels flowing across the chart. ๐ฅ
**Key Features**
- **Level Construction**: Uses an EMA of the "effective close" price (derived from open/close max/min) and standard deviation to create a midline. Fibonacci levels are calculated by multiplying deviations with coefficients (e.g., 1.55, 1.89, 0.89), resulting in "long" and "short" lines. It plots 9 lines total: 5 for the primary timeframe (green, red, gray, black for shorts, and a midline) and 4 for the secondary timeframe (with transparency for distinction).
- **Color Scheme**: Green for weaker levels, red for stronger, gray for mid-range, and black for shorts/extensions.
- **Fills**: Adds green fills between level pairs to highlight potential trading zones, enhancing visual clarity.
- **Alerts**: Automatic notifications trigger when the price touches specific levels (e.g., "FM-Torgi green!" for the first green line), helping with timely signals.
- **Multi-Timeframe Support**: Pulls data from a secondary timeframe (e.g., daily while main is hourly) using `request.security`, allowing comparison across scales.
- **Customization**: Inputs for EMA periods (default 89), secondary timeframe, and multipliers for flexibility.
**How to Use**
1. Add the indicator to your TradingView chart via the "Indicators" menu.
2. Configure settings: Set EMA periods, choose a secondary timeframe (e.g., 'D' for daily), and adjust Fibonacci multipliers if needed.
3. Interpret levels: Use green/red zones for entries/exits, gray for mid-support, and shorts for extensions. Fills indicate high-probability areas.
4. Enable alerts for real-time notifications on level touches.
Best combined with other tools like RSI or volume for confirmation. It's suited for swing trading or scalping on volatile assets. ๐
**Advantages and Limitations**
- **Pros**: Highly adaptive to price movements, customizable, visually intuitive with fills and multi-timeframe depth. Efficient for identifying Fibonacci-based zones without manual drawing.
- **Cons**: Can clutter the chart with many lines if not managed; requires testing on different symbols as hardcoded multipliers may not fit all markets perfectly. Potential for false signals in sideways markets.
If you'd like me to expand on the code, suggest modifications, or provide examples, let me know! ๐
Fiery River### Description of the "Fiery River" (FR) Indicator
**Overview of the Indicator**
"Fiery River" (abbreviated as FR) is a technical indicator for TradingView, written in Pine Script version 6. It's designed for traders who incorporate Fibonacci levels with moving averages to analyze support and resistance zones. The indicator dynamically plots levels based on a selected moving average (MA) and Fibonacci multipliers, displaying them on the current timeframe and an additional secondary timeframe. This helps visualize potential reversal or continuation points, making analysis more comprehensive. The name "Fiery River" evokes a "fiery" flow of levels that "stream" across the chart, adapting to price movements. ๐ฅ
**Key Features**
- **Level Construction**: The indicator calculates a moving average (EMA, SMA, WMA, RMA, or HMA) from the closing price and multiplies it by specified Fibonacci coefficients (0.618, 0.5, 0.382, 0.27, 0.18 for "long" levels and 1.618, 1.5, 1.382 for "short" levels). This creates 10 lines: 5 for the current timeframe (fully visible) and 5 for the secondary timeframe (with semi-transparency for distinction).
- **Color Scheme**: Levels are colored in gray, red, orange, and green, with additional "short" variants for extensions.
- **Fills**: Green fills are added between level pairs to highlight areas of interest, making the chart more visually intuitive.
- **Alerts**: Automatic notifications when the price touches levels (e.g., "Price touches Red line"), helping you stay on top of key moments.
- **Multi-Timeframe Support**: Incorporates a secondary timeframe (e.g., daily if the main is hourly) for comparing levels across different scales.
**How to Use**
1. Add the indicator to your chart in TradingView.
2. Customize settings in the panel: Select MA type, period (default 89), secondary timeframe, and Fibonacci coefficients.
3. Analyze levels as potential entry/exit points: Gray and red for stronger zones, green for weaker ones. Use fills to identify ranges.
4. Enable alerts for real-time signals.
It's ideal for strategies based on Fibonacci and trends, but always combine with other tools for confirmation. ๐
**Advantages and Limitations**
- **Pros**: Highly customizable, visually clear, supports multiple MA types and timeframes. Great for scalping and swing trading.
- **Cons**: Can create a lot of lines on the chart, potentially overwhelming if not managed. May require testing for optimal settings on volatile assets.
If you need any adjustments, more details, or help with the code, just let me know! ๐
Futures Playbook: VWAP + OR + Cross-Asset TellsFutures Playbook: VWAP + OR + Cross-Asset Tells (with Trade Messages + Coach Panel)
This all-in-one futures trading toolkit combines Opening Range (OR) levels, VWAP, and cross-asset signals to help traders quickly read intraday structure, manage execution, and filter noise.
Core Features
โข Opening Range (OR):
โข Customizable OR window with High/Low and Midpoint.
โข Automatic shading of the OR zone.
โข VWAP & Bands:
โข Built-in or session-anchored VWAP.
โข Optional standard deviation bands for context.
โข Cross-Asset Tells:
โข Live reads on US 10Y yield, DXY, Crude, and Gold.
โข Regime detection: rates risk, USD strength, energy softness, and real-rate easing.
โข Confirmations:
โข Volume vs. moving average filter.
โข Cumulative delta with smoothing.
โข ATR-based chop filter to avoid low-quality trends.
Trade Messages + Coach Panel
โข Trade Messages (labels): Automatic on-chart prompts for OR completion, VWAP reclaim/loss, long/short setups, and EU close flows.
โข Coach Panel (table): Real-time dashboard with regime context, directional bias, execution notes, risk reminders, and key levels (ORH, ORL, VWAP).
Alerts
โข OR breakout (long/short with confirmations).
โข VWAP reclaim or loss.
โข 10Y yield crossing risk threshold.
Use Case
Designed for futures traders and scalpers who rely on VWAP + OR dynamics and need cross-asset confirmation before committing to trades. Great for structuring entries, managing risk, and filtering market noise throughout the session.
Interval Price AlertsInterval Price Alerts
A versatile indicator that creates horizontal price levels with customizable alerts. Perfect for tracking multiple price levels simultaneously without having to create individual horizontal lines manually.
Features:
โข Create evenly spaced price levels between a start and end price
โข Customizable price interval spacing
โข Optional price labels with flexible positioning
โข Alert capabilities for both price crossovers and crossunders
โข Highly customizable visual settings
Settings Groups:
1. Price Settings
โข Start Price: The lower boundary for price levels
โข End Price: The upper boundary for price levels
โข Price Interval: The spacing between price levels
2. Line Style
โข Line Color: Choose any color for the price level lines
โข Line Style: Choose between Solid, Dashed, or Dotted lines
โข Line Width: Adjustable from 2-4 pixels (optimized for opacity)
โข Line Opacity: Control the transparency of lines (0-100%)
3. Label Style
โข Show Price Labels: Toggle price labels on/off
โข Label Color: Customize label text color
โข Label Size: Choose from Tiny, Small, Normal, or Large
โข Label Position: Place labels on Left or Right side
โข Label Background: Set the background color
โข Background Opacity: Control label background transparency
โข Text Opacity: Adjust label text transparency
4. Alert Settings
โข Alert on Crossover: Enable/disable upward price cross alerts
โข Alert on Crossunder: Enable/disable downward price cross alerts
Usage Tips:
โข Great for marking key price levels, support/resistance zones
โข Useful for tracking multiple entry/exit points
โข Perfect for scalping when you need to monitor multiple price levels
โข Ideal for pre-market planning and level setting
Notes:
โข Line width starts at 2 for optimal opacity rendering
โข Labels can be fully customized or hidden completely
โข Alert messages include the symbol and price level crossed
CARDIC2.0
Cardic Heat 2.0 โ The Beginning of It All
Cardic Heat 2.0 was the very first release that introduced the **Cardic Heat concept** to traders worldwide. It was designed to cut through chart noise and give traders something clean, simple, and effective โ a tool that actually highlights where the market heat really is.
Key Features:
* First-ever Heat Zones โ Liquidity and reaction zones made visible for the first time.
* Simple Range Mapping โ Early DR/IDR levels to guide intraday moves.
* Scalping Ready โ Focused on the 5M and 15M timeframes for fast setups.
* Beginner Friendly โ Straightforward visuals anyone could follow.
* Foundation Build โ Created the structure for future Cardic Heat upgrades.
Why Cardic Heat 2.0?
Because this was the origin the version that started the journey. It gave traders their first taste of institutional precision in a simplified way, proving that smart trading doesnโt need to be complicated.
From this point, the vision was clear: Cardic Heat 2.0 lit the spark that grew into the Cardic Nexus movement.
Grand Master's Candlestick Dominance (ATR Enhanced)### Grand Master's Candlestick Dominance (ATR Enhanced)
**Overview**
Unleash the ancient wisdom of Japanese candlestick charting with a modern twist! This comprehensive Pine Script v5 strategy and indicator scans for over 75 classic and advanced candlestick patterns (bullish, bearish, and neutral), assigning dynamic strength scores (1-10) to each for precise signal filtering. Enhanced with Average True Range (ATR) for volatility-aware body size validation, it dominates the markets by combining timeless pattern recognition with robust confirmation layers. Whether used as a backtestable strategy or visual indicator, it empowers traders to spot high-probability reversals, continuations, and indecision setups with surgical accuracy.
Inspired by Steve Nison's *Japanese Candlestick Charting Techniques*, this tool elevates pattern analysis beyond basicsโthink Hammers, Engulfing patterns, Morning Stars, and rare gems like Abandoned Baby or Concealing Baby Swallowโall consolidated into intelligent arrays for real-time averaging and prioritization.
**Key Features**
- **Extensive Pattern Library**:
- **Bullish (25+ patterns)**: Hammer (8.0), Bullish Engulfing (10.0), Morning Star (7.0), Three White Soldiers (9.0), Dragonfly Doji (8.0), and more (e.g., Rising Three, Unique Three River Bottom).
- **Bearish (25+ patterns)**: Hanging Man (8.0), Bearish Engulfing (10.0), Evening Star (7.0), Three Black Crows (9.0), Gravestone Doji (8.0), and exotics like Upside Gap Two Crows or Stalled Pattern.
- **Neutral/Indecision (34+ patterns)**: Doji variants (Long-Legged, Four Price), Spinning Tops, Harami Crosses, and multi-bar setups like Upside Tasuki Gap or Advancing Block.
Each pattern includes duration tracking (1-5 bars) and ATR-adjusted body/shadow criteria for relevance in volatile conditions.
- **Smart Confirmation Filters** (All Toggleable):
- **Trend Alignment**: 20-period SMA (customizable) ensures entries align with the prevailing trend; optional higher timeframe (e.g., Daily) MA crossover for multi-timeframe confluence.
- **Support/Resistance (S/R)**: Pivot-based levels with 0.01% tolerance to confirm bounces or breaks.
- **Volume Surge**: 20-period volume MA with 1.5x spike multiplier to validate momentum.
- **ATR Body Sizing**: Filters small bodies (<0.3x ATR) and long bodies (>0.8x ATR) for context-aware pattern reliability.
- **Follow-Through**: Ensures post-pattern confirmation via bullish/bearish closes or closes beyond prior bars.
Minimum average strength (default 7.0) and individual pattern thresholds (5.0) prevent weak signals.
- **Entry & Exit Logic**:
- **Long Entry**: Bullish average strength โฅ7.0 (outweighing bearish), uptrend, volume spike, near support, follow-through, and HTF alignment.
- **Short Entry**: Mirror for bearish dominance in downtrends near resistance.
- **Exits**: Bearish/neutral shift, or fixed TP (5%) / SL (2%)โpyramiding disabled, 10% equity sizing.
- Backtest range: Jan 1, 2020 โ Dec 31, 2025 (editable). Initial capital: $10,000.
- **Interactive Dashboard** (Top-Right Panel):
Real-time insights including:
- Market phase (e.g., "Bullish Phase (Avg Str: 8.2)"), active pattern (e.g., "BULLISH: Bullish Engulfing (Str: 10.0, Bars: 2)"), and trend status.
- Strength breakdowns (Bull/Bear/Neutral counts & averages).
- Filter status (e.g., "Volume: โ Spike", "ATR: Enabled (L:0.8, S:0.3)").
- Backtest stats: Total trades, win rate, streak, and last entry/exit details (price & timestamp).
Toggle mode: Strategy (live trades) or Indicator (signals only).
- **Advanced Alerts** (15+ Toggleable Types):
Set up via TradingView's "Any alert() function call" for bar-close triggers:
- Entry/Exit signals with strength & pattern details.
- Strong patterns (โฅ2 bullish/bearish), neutral indecision, volume spikes.
- S/R breakouts, HTF reversals, high-confidence singles (โฅ8.0 strength).
- Conflicting signals, MA crossovers, ATR volatility bursts, multi-bar completions.
Example: "STRONG BULLISH PATTERN detected! Strength: 9.5 | Top Pattern: Three White Soldiers | Trend: Up".
**Customization & Usage Tips**
- **Inputs Groups**: Strategy toggles, confirmations, exits, backtest dates, and 15+ alert switchesโall intuitively grouped.
- **Optimization**: Tune min strengths for aggressive (lower) or conservative (higher) trading; enable/disable filters to suit your style (e.g., disable S/R for scalping).
- **Best For**: Forex, stocks, crypto on 1HโDaily charts. Test on historical data to refine TP/SL.
- **Limitations**: No external data installs; relies on built-in TA functions. Patterns are probabilisticโcombine with your risk management.
Master the candles like a grandmaster. Deploy on TradingView, backtest relentlessly, and let dominance begin! Questions? Drop a comment.
*Version: 1.0 | Updated: September 2025 | Credits: Built on Pine Script v5 with nods to Nison's timeless techniques.*
Dynamic EMA Stack Support & ResistanceEvery trader needs reliable support and resistance โ but static zones and lagging indicators won't cut it in fast-moving markets. This script combines a Fibonacci-based 5-EMA stacking system and left/right pivots that create dynamic support & resistance logic to uncover real-time structural shifts & momentum zones that actually adapt to price action. This isnโt just a mashup โ itโs a complete built-from-the-ground-up support & resistance engine designed for scalpers, intraday traders, and trend followers alike.
๐ง ๐ง ๐ง What It Does๐ง ๐ง ๐ง
This script uses two powerful engines working in sync:
1๏ธโฃ EMA Stack (5-EMA Framework)
Built on Fibonacci-based lengths: 5, 8, 13, 21, 34, (configurable) this stack identifies:
๐น Bullish Stack: EMAs aligned from fastest to slowest (uptrend confirmation)
๐น Bearish Stack: EMAs aligned inversely (downtrend confirmation)
๐ก Narrowing Zones: When EMAs compress within ATR thresholds โ possible breakout or reversal zone
๐ฏ Labels identify key transitions like:
โ
"Begin Bear Trend?"
โ
"Uptrend SPRT"
โ
"RES?" (resistance test)
2๏ธโฃ Pivot-Based Projection Engine
Using classic Left/Right Bar pivot logic, the script:
๐ Detects early-stage swing highs/lows before full confirmation
๐ Projects horizontal S/R lines that adapt to market structure
๐ Keeps lines active until a new pivot replaces them
๐งฉ Syncs beautifully with EMA stack for confluence zones
๐ฏ๐ฏ๐ฏKey Features for Traders๐ฏ๐ฏ๐ฏ
โ
Trend Detection
โ EMA order reveals real-time bias (bullish, bearish, compression)
โ
Dynamic S/R Zones
โ Historical support/resistance levels auto-draw and extend
โ
Smart Labeling
โ โSPRTโ, โRESโ, and โTrend?โ labels for live context + testing logic
โ
Custom Candle Coloring
โ Choose from Bar Color or Full Candle Overlay modes
โ
Scalper & Swing Compatible
โ Use fast confirmations for scalping or stack consistency for longer trends
โ๏ธโ๏ธโ๏ธHow to Useโ๏ธโ๏ธโ๏ธ
โ
Use Top/Bottom (trend state) Line Colors to quickly read trend conditions.
โ
Use Pivot-based support/resistance projections to anticipate where price might pause or reverse.
โ
Watch for yellow/blue zones to prepare for volatility shifts/reversals.
โ
Combine with volume or momentum indicators for added confirmation.
๐๐๐Customization Options๐๐๐
โ
EMA lengths (5, 8, 13, 21, 34) โ fully configurable - try 21,34,55, 89, 144 for longer term trend states
โ
Left/Right bar pivot settings (default: 21/5)
โ
Label size, visibility, and color themes
โ
Toggle line and label visibility for clean layouts
โ
โMax Bars Backโ to control how deep history is scanned safely
๐ ๐ ๐ Built-In Safeguards๐ ๐ ๐
โ
ATR-based filters to stabilize compression logic
โ
Guarded lookback (max_bars_back) to avoid runtime errors
โ
Works on any asset, any timeframe
๐๐๐Final Word๐๐๐
This script is not just a visual tool, itโs a complete trend and structure framework. Whether you're looking for clean trend alignment, dynamic support/resistance, or early warning labels, this system is tuned to help you react with confidence โ not hindsight.
Rembember, no single indicator should be used in isolation. For best results, combine it with price action analysis, higher-timeframe context, and complementary tools like trendlines, moving averages etc Use it as part of a well-rounded trading approach to confirm setups โ not to define them alone.
๐ก๐ก๐กTurn logic into clarity. Structure into trades. And uncertainty into confidence.๐ก๐ก๐ก
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.
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)
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
