55 EMA Swing TradingA simple Buy and sell strategy using 55 EMA - " 55 EMA Swing Trading"
The source code is publicly available to for further modification.
Cari dalam skrip untuk "swing trading"
Mean-Reversion Swing Trading Strategy v1A port of the TradeStation EasyLanguage code for a mean-revision strategy described at
traders.com
"In โMean-Reversion Swing Trading,โ which appeared in the December 2016 issue of STOCKS & COMMODITIES, author Ken Calhoun
describes a trading methodology where the trader attempts to enter an existing trend after there has been a pullback.
He suggests looking for 50% pullbacks in strong trends and waiting for price to move back in the direction of the trend
before entering the trade."
See Also:
- 9 Mistakes Quants Make that Cause Backtests to Lie (blog.quantopian.com)
- When Backtests Meet Reality (financial-hacker.com)
- Why MT4 backtesting does not work (www.stevehopwoodforex.com)
Swing Trading Quantum Trend SniperChange Hull - 55 for 1H or 1D time frame
Change Hull - 24 for 1 M or 5M time frame
Ichimoku Trading Signals 1Swing Trading (Strategy 1, H4+ timeframes)
Use the Kumo Cloud to identify the trend: price above a green cloud = uptrend; price below a red cloud = downtrend.
Entry signals occur when price or the Tenkan-sen line crosses the Kijun-sen line, confirmed by Chikou Span momentum.
Exit triggers when price crosses back through the Kijun-sen or when Tenkan-sen crosses back below (for long positions) or above (for short positions).
Place stop-loss orders just beyond the nearest swing low/high candle cluster to manage risk tightly.
Ichimoku Trading Signals 2Swing Trading (Strategy 1, H4+ timeframes)
Use the Kumo Cloud to identify the trend: price above a green cloud = uptrend; price below a red cloud = downtrend.
Entry signals occur when price or the Tenkan-sen line crosses the Kijun-sen line, confirmed by Chikou Span momentum.
Exit triggers when price crosses back through the Kijun-sen or when Tenkan-sen crosses back below (for long positions) or above (for short positions).
Place stop-loss orders just beyond the nearest swing low/high candle cluster to manage risk tightly.
Swing Trading SPX CorrelationThis is a long timeframe script designed to benefit from the correlation with the Percentage of stocks Above 200 moving average from SPX
At the same time with this percentage we are creating a weighted moving average to smooth its accuracy.
The rules are simple :
If the moving average is increasing its a long signal/short exit
If the moving average is decreased its a short signal/long exit.
Curently the strategy has been adapted for long only entries.
If you have any questions let me know !
ZEGUELA DEMABOTSwing trading bot strategy. This indicator uses Dema 8 and Dema 24 crosses to throw buy and sell signals. You can also se take profit and stop loss parameters
Supply and Demand Zones [Clean v6]Supply and Demand Zones
Overview
The Supply and Demand Zones indicator is an automated market structure tool designed to identify high-probability Points of Interest (POI) on any asset or timeframe. Built using Pine Script v6, this script focuses on clarity and performance, providing traders with a clutter-free view of where institutional buying and selling pressure has previously occurred.
Unlike crowded indicators that overwhelm the chart, this script dynamically manages zonesโdrawing new ones as structure forms and automatically removing invalid zones as price breaks through them.
Key Features
Automated Zone Detection: Automatically identifies Supply (Resistance) and Demand (Support) zones based on Swing Highs and Swing Lows.
Dynamic Zone Management: Active zones extend to the right until price interacts with them.
Break of Structure (BOS) Logic: When price violates a zone (closes beyond the invalidation level), the zone is automatically removed and marked as "Broken" to keep the chart clean.
Zig Zag Structure: Includes an optional Zig Zag overlay to visualize market flow, Higher Highs, and Lower Lows.
ATR-Based Sizing: Zone width is calculated using the Average True Range (ATR), ensuring zones adapt to the asset's current volatility.
Pine Script v6: Optimized using the latest array and method functions for speed and stability.
How It Works
Zone Creation: The script looks for Pivot Highs and Lows based on your defined Swing Length.
Supply Zones (Red): Created at Swing Highs.
Demand Zones (Blue): Created at Swing Lows.
Zone Width: The height of the box is determined by the ATR multiplied by your Zone Width setting. This ensures the zone covers the "wick" area or the volatility range of the pivot.
Invalidation: If the price closes past the outer edge of a zone (the top of a Supply zone or bottom of a Demand zone), the script detects a break, removes the filled box, and leaves a subtle trace of the broken structure.
How to Use
Trend Following: Use the Zig Zag lines to identify the trend direction. Look for Long entries in Demand zones during an uptrend, and Short entries in Supply zones during a downtrend.
Reversals: Watch for price to react at older, unfilled zones (POIs) that align with major support/resistance levels.
Stop Loss Placement: The outer edge of the zone acts as a natural invalidation point. If price closes beyond it, the setup is typically invalidated.
Settings Guide
Swing Length: Determines the sensitivity of the pivot detection. Lower numbers find more local zones (scalping); higher numbers find major structural zones (swing trading).
Max Zones to Keep: Limits the number of historic zones displayed to prevent chart clutter.
Zone Width (ATR): Adjusts how thick the zones are. Increase this value if you want to capture wider wicks.
Visual Settings: Fully customizable colors for Supply, Demand, Borders, and Zig Zag lines.
Disclaimer
This tool is for informational and educational purposes only. It visualizes past price action and does not guarantee future performance. Always manage your risk appropriately.
MAGIC MA BANDSMagic MA Bands โ Dynamic Trend Zones Instead of Lines
Magic MA Bands help traders visualize dynamic support and resistance zones rather than relying on a single moving average line. Instead of treating the MA as an exact reaction level, this tool creates a band or zone where price is statistically more likely to react, reverse, or continue trending.
๐ง How It Works
The script plots:
Upper Band (default: 50 EMA using High values)
Lower Band (default: 50 EMA using Low values)
Optional Midline MA (default: 200 SMA for long-term trend)
The area between the upper and lower bands becomes a trend cushion, helping traders identify:
Dynamic support/resistance zones
Trend strength and continuation probability
Ideal pullback entry regions
๐ฏ Trend Interpretation Guide
Use Case Recommended Setting
Short-Term Trend 20/21 EMA or SMA
Medium-Term Trend 50 EMA / SMA
Long-Term Trend 200 SMA / EMA (Midline Optional)
All parameters are fully customisable so the user can define their preferred structure based on their trading style, asset volatility, or timeframe.
โ๏ธ Best For:
Trend traders
Swing trading
Pullback-based entries
Institutional-style zone analysis
Clock&Flow โ Market Pulse IndicatorClock&Flow โ Market Pulse Indicator
1) General Purpose
The Market Pulse Indicator is designed to visualize the strength and direction of market flow in a clear, intuitive way.
Unlike common volume or momentum indicators, it blends three essential dimensions โ price velocity, normalized volume, and volatility (ATR) โ to highlight when market pressure is truly meaningful.
It helps identify genuine liquidity inflows/outflows, potential exhaustion zones, and moments of compression or expansion within the price structure.
2) Data Sources
All data is directly taken from the current chartโs feed on TradingView:
Price (close): to measure relative price change.
Volume: to detect the intensity of market participation (normalized to average).
ATR (Average True Range): to evaluate volatility relative to price levels.
No external data or off-platform sources are used.
3) Logic and Calculation Steps
Price Velocity: calculates the percentage change between the current close and the close N bars ago.
priceChange = (close - close ) / close
Normalized Volume: compares current volume to its moving average over the same period.
volNorm = volume / sma(volume, length)
Normalized Volatility: ATR divided by price to adjust for instrument scale.
atrNorm = atr(length) / close
Combination : multiplies the three components into one raw value that represents market pulse intensity.
rawPulse = priceChange * volNorm * (1 + atrNorm)
Smoothing: a moving average (smoothLen) is applied to create a cleaner and more readable oscillator line.
flowPulse = sma(rawPulse * multiplier, smoothLen)
4) Parameters (Default Settings)
length (20): analysis period for price change, volume, and ATR.
smoothLen (5): smoothing factor; higher values reduce noise.
multiplier (100): scales the output for readability; adjust to fit chart scale.
5) How to Read the Indicator
Market Pulse > 0 (green): net inflow of liquidity; buying pressure dominates.
Market Pulse < 0 (red): net outflow of liquidity; selling pressure dominates.
Near 0: neutral phase; market balance or consolidation.
Sudden peaks: strong bursts of flow โ often coincide with news releases or session overlaps.
Confirmations: use as a second-level filter before entering trades or to confirm momentum behind a breakout.
6) Divergences
Divergences between price and Market Pulse are key signals of weakening flow strength:
Bullish divergence: price forms lower lows while Market Pulse forms higher lows โ selling pressure is fading; potential reversal or bounce.
Bearish divergence: price forms higher highs while Market Pulse fails to confirm โ buying momentum is losing strength; potential correction ahead.
For reliability, look for divergences on higher timeframes (H4, Daily).
On lower timeframes, treat them as early warnings.
7) Typical Use Cases
Breakout confirmation: price breaks resistance with a rising Market Pulse โ confirms genuine participation.
False signal filter: price breaks a level but Market Pulse remains flat/negative โ likely fake breakout.
Pullback entry: after a breakout, wait for a short retracement and a new positive pulse โ safer entry point.
Exit signal: if youโre long and Market Pulse suddenly turns negative with strong volume โ consider partial exit or tighter stops.
8) Recommended Timeframes
Intraday / Scalping: 5โ30 min charts with length 10โ14, smoothLen 3โ5.
Swing trading: 1hโ4h charts with length 20โ50.
Position trading: Daily charts with larger length (50โ100) for smoother data.
Always optimize parameters to the specific asset โ there are no universal settings.
9) Limitations
This indicator is not a trading system โ itโs a decision-support tool.
Results depend on the quality of the volume data available for the symbol.
Performance and sensitivity are influenced by length, smoothing, and multiplier values โ always test before live trading.
Use alongside sound risk and money management.
10) Disclaimer
This script is provided for educational purposes only and does not constitute financial advice.
Trading and investing involve significant risk, including the potential loss of capital.
Always test indicators in simulation environments and make independent decisions based on your own analysis and risk tolerance.
Italiano
1) Scopo generale
Flow Pulse รจ un oscillatore pensato per visualizzare la forza e la direzione del flusso di mercato in modo immediato. Non รจ un semplice indicatore di volume nรฉ una copia di RSI/MACD: combina tre dimensioni fondamentali โ variazione di prezzo, volume normalizzato e volatilitร โ per mettere in evidenza i momenti in cui la pressione dei partecipanti รจ realmente significativa.
ร ideale per identificare: entrate guidate da flussi reali, potenziali esaurimenti, momenti di compressione/espansione del movimento e segnali di conferma per breakout o rimbalzi.
2) Dati utilizzati
Lโindicatore usa esclusivamente dati disponibili sulla piattaforma TradingView del grafico corrente:
price (close) โ per calcolare la variazione percentuale del prezzo;
volume per misurare lโintensitร degli scambi (normalizzato su media);
ATR (Average True Range) โ per normalizzare la volatilitร rispetto al prezzo;
Tutti i feed (prezzo e volume) sono quelli forniti dallโexchange/fornitore dati collegato al simbolo sul grafico.
3) Logica e passaggi di calcolo
Velocitร del prezzo: calcolo della variazione percentuale tra la chiusura corrente e la chiusura N barre fa:
priceChange = (close - close ) / close
โ misura la direzione e magnitudine del movimento in termine relativo.
Volume normalizzato: rapporto tra il volume corrente e la media mobile semplice del volume su length barre:
volNorm = volume / sma(volume, length)
โ evidenzia volumi anomali rispetto alla media.
Volatilitร normalizzata (ATR): rapporto ATR/close per rendere la volatilitร comparabile across price levels:
atrNorm = atr(length) / close
Combinazione: il prodotto di questi fattori (con un piccolo offset su ATR) genera un valore grezzo:
rawPulse = priceChange * volNorm * (1 + atrNorm)
โ se priceChange e volNorm sono positivi e lโATR รจ presente, il rawPulse sarร significativamente positivo.
Smoothing: media mobile semplice (SMA) applicata al rawPulse e moltiplicazione per un fattore scalare (multiplier) per portare il range su livelli leggibili:
flowPulse = sma(rawPulse * multiplier, smoothLen)
4) Parametri esposti (default consigliati)
length (periodo analisi) โ default 20: influenza calcolo ฮ% e media volumi; allunga la finestra storica.
smoothLen (smussamento) โ default 5: smoothing del segnale per ridurre rumore.
multiplier โ default 100: fattore di scala per rendere lโoscillatore piรน leggibile.
5) Interpretazione pratica dei valori
FlowPulse > 0 (verde): predominanza di flusso dโingresso โ pressione dโacquisto. Maggiore il valore, piรน forte la convinzione (volume + movimento + volatilitร ).
FlowPulse < 0 (rosso): predominanza di flusso in uscita โ pressione di vendita.
Vicino a 0: assenza di flussi netti chiari; mercato piatto o bilanciato.
Picchi repentini: indicano accelerate di flusso โ spesso coincidono con rotture, open/close session, news.
Sostegno al trade: usa FlowPulse come conferma prima di entrare su breakout o come avviso di attenzione su esaurimenti.
6) Divergenze (come leggerle)
Le divergenze tra prezzo e FlowPulse sono segnali importanti:
Divergenza rialzista (bullish divergence): prezzo fa nuovi minimi mentre FlowPulse non fa nuovi minimi (o forma minimo relativo piรน alto) โ indica che la spinta di vendita non รจ supportata da volume/volatilitร , possibile inversione/rimbalzo.
Divergenza ribassista (bearish divergence): prezzo fa nuovi massimi mentre FlowPulse non li conferma (o forma massimo relativo piรน basso) โ la spinta dโacquisto รจ โdeboleโ, possibile esaurimento e inversione.
Note pratiche: cercare divergenze su timeframe maggiori (H4, D) per maggiore attendibilitร ; sui timeframe minori prendere solo come early warning.
7) Esempi dโuso operativo
Conferma breakout: prezzo rompe resistenza + FlowPulse positivo e crescente โ breakout piรน probabile e con volumi reali.
Filtro per falsi segnali: prezzo rompe ma FlowPulse รจ piatto/negativo โ alto rischio di false breakout.
Entrata per pullback: dopo breakout, attendere un pullback con FlowPulse che torna positivo โ ingresso piรน prudente.
Gestione delle uscite: se sei long e FlowPulse improvvisamente si inverte in negativo su volumi elevati โ considerare riduzione posizione o stop.
8) Timeframe consigliati
Intraday / Scalping: M5โM30 con length ridotto (es. 10โ14) e smoothLen piccolo.
Swing trading: H1โH4 con length 20โ50.
Position trading: D1 con length maggiore per filtrare rumore.
Testa i parametri sul tuo asset e timeframe; nessun parametro รจ universale.
9) Limitazioni e avvertenze
Lโindicatore non รจ un sistema di trading completo: รจ un tool di informazione e timing.
Dipende dalla qualitร dei dati di volume del simbolo: su alcuni titoli/mercati (es. alcuni ETF, Forex su certi broker) il volume puรฒ essere parziale o non rappresentativo.
I valori di margine/multiplier e smoothing influenzano sensibilmente sensibilitร e falsi segnali: backtest e ottimizzazione sono raccomandati.
Non usare il solo FlowPulse per entrare su leva elevata senza gestione del rischio12) Disclaimer da inserire
Disclaimer: Questo indicatore รจ fornito solo a scopo didattico e non costituisce consulenza finanziaria. Lโuso comporta rischi: valuta sempre la gestione del rischio e testa su conto demo prima dellโapplicazione in reale.
Support Resistance with Order BlocksIndicator Description
Professional Price Level Detection for Smart Trading. Master the Markets with Precision Support/Resistance and Order Block Analysis . It provides traders with clear visual cues for potential reversal and breakout areas, combining both retail and institutional trading concepts into one powerful tool.
The Support & Resistance with Order Blocks indicator is a versatile Pine Script tool designed to empower traders with clear, actionable insights into key market levels. By combining advanced pivot-based support and resistance (S/R) detection with order block (OB) filtering, this indicator delivers clean, high-probability zones for entries, exits, and reversals. With customizable display options (boxes or lines) and intuitive settings, itโs perfect for traders of all stylesโwhether youโre scalping, swing trading, or investing long-term. Overlay it on your TradingView chart and elevate your trading strategy today!
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Key Features
โ
Dynamic Support/Resistance - Auto-adjusting levels based on price action
โ
Smart Order Block Detection - Identifies institutional buying/selling zones
โ
Dual Display Modes - Choose between Boxes or Clean Lines for different chart styles
โ
Customizable Sensitivity - Adjust detection parameters for different markets
โ
Broken Level Markers - Clearly shows when key levels are breached
โ
Timeframe-Adaptive - Automatically adjusts for daily/weekly charts
1. Dynamic Support & Resistance Detection
Identifies critical S/R zones using pivot high/low calculations with adjustable look back periods.
Visualizes active S/R zones with distinct colors and labels ("Support" or "Resistance" for boxes, lines for cleaner charts).
Marks broken S/R levels as "Br S" (broken support) or "Br R" (broken resistance) when historical display is enabled, aiding in breakout and reversal analysis.
2. Smart Order Block Identification
Detects bullish and bearish order blocks based on significant price movements (default: ยฑ0.3% over 5 candles).
Highlights institutional buying/selling zones with customizable colors, displayed as boxes or lines.
Filters out overlapping OB zones to keep your chart clutter-free.
3. Dual Display Options
Boxes or Lines: Choose to display S/R and OB as boxes for detailed zones or lines for a minimalist view.
Line Width Customization: Adjust line widths for S/R and OB (1โ5 pixels) for optimal visibility.
Color Customization: Tailor colors for active/broken S/R and bullish/bearish OB zones.
4. Advanced Overlap Filtering
Ensures S/R zones donโt overlap with OB zones or other S/R levels, providing only the most relevant levels.
Limits the number of active zones (default: 10) to maintain chart clarity.
5. Historical S/R Visualization
Optionally display broken S/R levels with distinct colors and labels ("Br S" or "Br R") to track historical price reactions.
Broken levels are dynamically updated and removed (or retained) based on user settings.
6. Timeframe Adaptability
Automatically adjusts pivot detection for daily/weekly timeframes (40-candle look back) versus shorter timeframes (20-candle look back).
Works seamlessly across all asset classes (stocks, forex, crypto, etc.) and timeframes.
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How It Works
โข Support & Resistance:
Uses ta.pivothigh and ta.pivotlow to detect significant price pivots, with a user-defined look back (default: 5 candles post-pivot).
Plots S/R as boxes (with labels "Support" or "Resistance") or lines, extending to the current bar for real-time relevance.
Broken S/R levels are marked with adjusted colors and labels ("S" or "R" for boxes, "Br S" or "Br R" for lines when historical display is enabled).
โข Order Blocks:
Identifies OB based on strong price movements over 4 candles, plotted as boxes or lines at the candleโs midpoint.
Validates OB to prevent overlap, ensuring only significant zones are displayed.
Removes OB zones when price breaks through, keeping the chart focused on active levels.
โข Customization:
Toggle S/R and OB visibility, adjust detection sensitivity, and set maximum active zones (4โ50).
Fine-tune line widths and colors for a personalized chart experience.
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Why Use This Indicator?
โข Precision Trading: Pinpoint high-probability entry/exit zones with filtered S/R and OB levels.
โข Clean Charts: Overlap filtering and zone limits reduce clutter, focusing on key levels.
โข Versatile Display: Switch between boxes for detailed zones or lines for simplicity, with adjustable line widths.
โข Institutional Edge: Leverage OB detection to align with institutional activity for smarter trades.
โข User-Friendly: Intuitive settings and clear visuals make it accessible for beginners and pros alike.
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Settings Overview________________________________________
โ Input Parameters
Settings Overview
Display Options:
Display Type: Choose "Boxes" or "Lines" for S/R and OB visualization.
S/R Line Width: Set line thickness for S/R lines (1โ5 pixels, default: 2).
OB Line Width: Set line thickness for OB lines (1โ5 pixels, default: 2).
Order Block Options:
Show Order Block: Enable/disable OB display.
Bull/Bear OB Colors: Customise border and fill colors for bullish and bearish OB zones.
Support/Resistance Options:
Show S/R: Toggle active S/R zones.
Show Historical S/R: Display broken S/R levels, marked as "Br S" or "Br R" for lines.
Detection Period: Set candle lookback for pivot detection (4โ50, default: 5).
Max Active Zones: Limit active S/R and OB zones (4โ50, default: 10).
Colors: Customise active and broken S/R colors for clear differentiation.
________________________________________
How to Use
1. Add to Chart: Apply the indicator to your TradingView chart.
2. Customize Settings:
o Select "Boxes" or "Lines" for your preferred display style.
o Adjust line widths, colors, and detection parameters to suit your trading style.
o Enable "Show Historical S/R" to track broken levels with "Br S" and "Br R" labels.
3. Analyze Levels:
o Use support zones (green) for buy entries and resistance zones (red) for sell entries.
o Monitor OB zones for institutional activity, signaling potential reversals or continuations.
o Watch for "Br S" or "Br R" labels to identify breakout opportunities.
4. Combine with Other Tools: Pair with trend indicators, volume analysis, or price action for a robust strategy.
5. Monitor Breakouts: Trade breakouts when price breaches S/R or OB zones, with historical labels providing context.
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Example Use Cases
โข Swing Trading: Use S/R and OB zones to identify entry/exit points, with historical broken levels for context.
โข Breakout Trading: Trade price breaks through S/R or OB, using "Br S" and "Br R" labels to confirm reversals.
โข Scalping: Adjust detection period for faster S/R and OB identification on lower timeframes.
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โข Performance: Optimized for all timeframes, with best results on 5M, 15M, 30M, 1H, 4H, or daily charts for swing trading.
โข Compatibility: Works with any asset class and TradingView chart.
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Get Started
Transform your trading with Support & Resistance with Order Blocks! Add it to your chart, customize it to your style, and trade with confidence. For questions or feedback, drop a comment on TradingView or message the author. Happy trading! ๐
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Disclaimer: This indicator is for educational and informational purposes only. Always conduct your own analysis and practice proper risk management before trading.
Ticker Pulse Meter BasicPairs nicely with the Contrarian 100 MA located here:
and the Enhanced Stock Ticker with 50MA vs 200MA located here:
Description
The Ticker Pulse Meter Basic is a dynamic Pine Script v6 indicator designed to provide traders with a visual representation of a stockโs price position relative to its short-term and long-term ranges, enabling clear entry and exit signals for long-only trading strategies. By calculating three normalized metricsโPercent Above Long & Above Short, Percent Above Long & Below Short, and Percent Below Long & Below Shortโthis indicator offers a unique "pulse" of market sentiment, plotted as stacked area charts in a separate pane. With customizable lookback periods, thresholds, and signal plotting options, it empowers traders to identify optimal entry points and profit-taking levels. The indicator leverages Pine Scriptโs force_overlay feature to plot signals on either the main price chart or the indicator pane, making it versatile for various trading styles.
Key Features
Pulse Meter Metrics:
Computes three percentages based on short-term (default: 50 bars) and long-term (default: 200 bars) lookback periods:
Percent Above Long & Above Short: Measures price strength when above both short and long ranges (green area).
Percent Above Long & Below Short: Indicates mixed momentum (orange area).
Percent Below Long & Below Short: Signals weakness when below both ranges (red area).
Flexible Signal Plotting:
Toggle between plotting entry (blue dots) and exit (white dots) signals on the main price chart (location.abovebar/belowbar) or in the indicator pane (location.top/bottom) using the Plot Signals on Main Chart option.
Entry/Exit Logic:
Long Entry: Triggered when Percent Above Long & Above Short crosses above the high threshold (default: 20%) and Percent Below Long & Below Short is below the low threshold (default: 40%).
Long Exit: Triggered when Percent Above Long & Above Short crosses above the profit-taking level (default: 95%).
Visual Enhancements:
Plots stacked area charts with semi-transparent colors (green, orange, red) for intuitive trend analysis.
Displays threshold lines for entry (high/low) and profit-taking levels.
Includes a ticker and timeframe table in the top-right corner for quick reference.
Alert Conditions: Supports alerts for long entry and exit signals, integrable with TradingViewโs alert system for automated trading.
Technical Innovation: Combines normalized price metrics with Pine Script v6โs force_overlay for seamless signal integration on the price chart or indicator pane.
Technical Details
Calculation Logic:
Uses confirmed bars (barstate.isconfirmed) to calculate metrics, ensuring reliability.
Short-term percentage: (close - lowest(low, lookback_short)) / (highest(high, lookback_short) - lowest(low, lookback_short)).
Long-term percentage: (close - lowest(low, lookback_long)) / (highest(high, lookback_long) - lowest(low, lookback_long)).
Derived metrics:
pct_above_long_above_short = (pct_above_long * pct_above_short) * 100.
pct_above_long_below_short = (pct_above_long * (1 - pct_above_short)) * 100.
pct_below_long_below_short = ((1 - pct_above_long) * (1 - pct_above_short)) * 100.
Signal Plotting:
Entry signals (long_entry) use ta.crossover to detect when pct_above_long_above_short crosses above entryThresholdhigh and pct_below_long_below_short is below entryThresholdlow.
Exit signals (long_exit) use ta.crossover for pct_above_long_above_short crossing above profitTake.
Signals are plotted as tiny circles with force_overlay=true for main chart or standard plotting for the indicator pane.
Performance Considerations: Optimized for efficiency by calculating metrics only on confirmed bars and using lightweight plotting functions.
How to Use
Add to Chart:
Copy the script into TradingViewโs Pine Editor and apply it to your chart.
Configure Settings:
Short Lookback Period: Adjust the short-term lookback (default: 50 bars) for sensitivity.
Long Lookback Period: Set the long-term lookback (default: 200 bars) for broader context.
Entry Thresholds: Modify high (default: 20%) and low (default: 40%) thresholds for entry conditions.
Profit Take Level: Set the exit threshold (default: 95%) for profit-taking.
Plot Signals on Main Chart: Check to display signals on the price chart; uncheck for the indicator pane.
Interpret Signals:
Long Entry: Blue dots indicate a strong bullish setup when price is high relative to both lookback ranges and weakness is low.
Long Exit: White dots signal profit-taking when strength reaches overbought levels.
Use the stacked area charts to assess trend strength and momentum.
Set Alerts:
Create alerts for Long Entry and Long Exit conditions using TradingViewโs alert system.
Customize Visuals:
Adjust colors and thresholds via TradingViewโs settings for better visibility.
The ticker table displays the symbol and timeframe in the top-right corner.
Example Use Cases
Swing Trading: Use entry signals to capture short-term bullish moves within a broader uptrend, exiting at profit-taking levels.
Trend Confirmation: Monitor the green area (Percent Above Long & Above Short) for sustained bullish momentum.
Market Sentiment Analysis: Use the stacked areas to gauge bullish vs. bearish sentiment across timeframes.
Notes
Testing: Backtest the indicator on your chosen market and timeframe to validate its effectiveness.
Compatibility: Built for Pine Script v6 and tested on TradingView as of June 20, 2025.
Limitations: Signals are long-only; adapt the script for short strategies if needed.
Enhancements: Consider adding a histogram for the difference between metrics or additional thresholds for nuanced trading.
Acknowledgments
Inspired by public Pine Script examples and designed to simplify complex market dynamics into a clear, actionable tool. For licensing or support, contact Chuck Schultz (@chuckaschultz) on TradingView. Share feedback in the comments, and happy trading!
Canuck Trading IndicatorOverview
The Canuck Trading Indicator is a versatile, overlay-based technical analysis tool designed to assist traders in identifying potential trading opportunities across various timeframes and market conditions. By combining multiple technical indicatorsโsuch as RSI, Bollinger Bands, EMAs, VWAP, MACD, Stochastic RSI, ADX, HMA, and candlestick patternsโthe indicator provides clear visual signals for bullish and bearish entries, breakouts, long-term trends, and options strategies like cash-secured puts, straddles/strangles, iron condors, and short squeezes. It also incorporates 20-day and 200-day SMAs to detect Golden/Death Crosses and price positioning relative to these moving averages. A dynamic table displays key metrics, and customizable alerts help traders stay informed of market conditions.
Key Features
Multi-Timeframe Adaptability: Automatically adjusts parameters (e.g., ATR multiplier, ADX period, HMA length) based on the chart's timeframe (minute, hourly, daily, weekly, monthly) for optimal performance.
Comprehensive Signal Generation: Identifies short-term entries, breakouts, long-term bullish trends, and options strategies using a combination of momentum, trend, volatility, and candlestick patterns.
Candlestick Pattern Detection: Recognizes bullish/bearish engulfing, hammer, shooting star, doji, and strong candles for precise entry/exit signals.
Moving Average Analysis: Plots 20-day and 200-day SMAs, detects Golden/Death Crosses, and evaluates price position relative to these averages.
Dynamic Table: Displays real-time metrics, including zone status (bullish, bearish, neutral), RSI, MACD, Stochastic RSI, short/long-term trends, candlestick patterns, ADX, ROC, VWAP slope, and MA positioning.
Customizable Alerts: Over 20 alert conditions for entries, exits, overbought/oversold warnings, and MA crosses, with actionable messages including ticker, price, and suggested strategies.
Visual Clarity: Uses distinct shapes, colors, and sizes to plot signals (e.g., green triangles for bullish entries, red triangles for bearish entries) and overlays key levels like EMA, VWAP, Bollinger Bands, support/resistance, and HMA.
Options Strategy Signals: Suggests opportunities for selling cash-secured puts, straddles/strangles, iron condors, and capitalizing on short squeezes.
How to Use
Add to Chart: Apply the indicator to any TradingView chart by selecting "Canuck Trading Indicator" from the Pine Script library.
Interpret Signals:
Bullish Signals: Green triangles (short-term entry), lime diamonds (breakout), blue circles (long-term entry).
Bearish Signals: Red triangles (short-term entry), maroon diamonds (breakout).
Options Strategies: Purple squares (cash-secured puts), yellow circles (straddles/strangles), orange crosses (iron condors), white arrows (short squeezes).
Exits: X-cross shapes in corresponding colors indicate exit signals.
Monitor: Gray circles suggest holding cash or monitoring for setups.
Review Table: Check the top-right table for real-time metrics, including zone status, RSI, MACD, trends, and MA positioning.
Set Alerts: Configure alerts for specific signals (e.g., "Short-Term Bullish Entry" or "Golden Cross") to receive notifications via TradingView.
Adjust Inputs: Customize input parameters (e.g., RSI period, EMA length, ATR period) to suit your trading style or market conditions.
Input Parameters
The indicator offers a wide range of customizable inputs to fine-tune its behavior:
RSI Period (default: 14): Length for RSI calculation.
RSI Bullish Low/High (default: 35/70): RSI thresholds for bullish signals.
RSI Bearish High (default: 65): RSI threshold for bearish signals.
EMA Period (default: 15): Main EMA length (15 for day trading, 50 for swing).
Short/Long EMA Length (default: 3/20): For momentum oscillator.
T3 Smoothing Length (default: 5): Smooths momentum signals.
Long-Term EMA/RSI Length (default: 20/15): For long-term trend analysis.
Support/Resistance Lookback (default: 5): Periods for support/resistance levels.
MACD Fast/Slow/Signal (default: 12/26/9): MACD parameters.
Bollinger Bands Period/StdDev (default: 15/2): BB settings.
Stochastic RSI Period/Smoothing (default: 14/3/3): Stochastic RSI settings.
Uptrend/Short-Term/Long-Term Lookback (default: 2/2/5): Candles for trend detection.
ATR Period (default: 14): For volatility and price targets.
VWAP Sensitivity (default: 0.1%): Threshold for VWAP-based signals.
Volume Oscillator Period (default: 14): For volume surge detection.
Pattern Detection Threshold (default: 0.3%): Sensitivity for candlestick patterns.
ROC Period (default: 3): Rate of change for momentum.
VWAP Slope Period (default: 5): For VWAP trend analysis.
TradingView Publishing Compliance
Originality: The Canuck Trading Indicator is an original script, combining multiple technical indicators and custom logic to provide unique trading signals. It does not replicate existing public scripts.
No Guaranteed Profits: This indicator is a tool for technical analysis and does not guarantee profits. Trading involves risks, and users should conduct their own research and risk management.
Clear Instructions: The description and usage guide are detailed and accessible, ensuring users understand how to apply the indicator effectively.
No External Dependencies: The script uses only built-in Pine Script functions (e.g., ta.rsi, ta.ema, ta.vwap) and requires no external libraries or data sources.
Performance: The script is optimized for performance, using efficient calculations and adaptive parameters to minimize lag on various timeframes.
Visual Clarity: Signals are plotted with distinct shapes and colors, and the table provides a concise summary of market conditions, enhancing usability.
Limitations and Risks
Market Conditions: The indicator may generate false signals in choppy or low-liquidity markets. Always confirm signals with additional analysis.
Timeframe Sensitivity: Performance varies by timeframe; test settings on your preferred chart (e.g., 5-minute for day trading, daily for swing trading).
Risk Management: Use stop-losses and position sizing to manage risk, as suggested in alert messages (e.g., "Stop -20%").
Options Trading: Options strategies (e.g., straddles, iron condors) carry unique risks; consult a financial advisor before trading.
Feedback and Support
For questions, suggestions, or bug reports, please leave a comment on the TradingView script page or contact the author via TradingView. Your feedback helps improve the indicator for the community.
Disclaimer
The Canuck Trading Indicator is provided for educational and informational purposes only. It is not financial advice. Trading involves significant risks, and past performance is not indicative of future results. Always perform your own due diligence and consult a qualified financial advisor before making trading decisions.
FVG Breakout Lite by tradingbauhausExplanation of "FVG Breakout Lite by tradingbauhaus"
This script is a trading strategy built for TradingView that helps you spot and trade "Fair Value Gaps" (FVGs)โprice areas where the market moved quickly, leaving a gap that might act as support or resistance later. Itโs designed to catch breakout opportunities when the price moves strongly in one direction, with extra filters to make trades more reliable. Hereโs how it works and how you can use it:
What It Does
1. Finds Fair Value Gaps (FVGs):
A "Bullish FVG" happens when the price jumps up quickly, leaving a gap below where it didnโt trade much (e.g., todayโs low is higher than the high from two bars ago).
A "Bearish FVG" is the opposite: the price drops fast, leaving a gap above (e.g., todayโs high is lower than the low from two bars ago).
The script draws colored boxes on your chart to show these gaps: green for bullish, red for bearish.
2. Spots Breakouts:
It looks for "strong" FVGs by comparing them to a trend (based on the highest highs and lowest lows over a set period).
If a bullish gap forms above the recent highs, or a bearish gap below the recent lows, itโs marked as a breakout opportunity.
3. Adds a Volume Check:
Trades only happen if the marketโs volume is higher than usual (e.g., 1.2x the average volume over the last 20 bars). This helps ensure the breakout has real momentum behind it.
4. Trades Automatically:
Long Trades (Buy): If a bullish breakout FVG forms and volume is high, it buys at the current price.
Short Trades (Sell): If a bearish breakout FVG forms with high volume, it sells short.
Each trade comes with a stop loss (to limit losses) and a take profit (to lock in gains), both adjustable by you.
5. Shows Mitigation Lines (Optional):
If you turn on "Display Mitigation Zones," it draws lines at the edge of each breakout FVG. These lines show where the price might return to "fill" the gap later, helping you see key levels.
6. Includes Webull Costs:
The script factors in real trading fees from Webull, like tiny SEC and FINRA fees for selling, and a daily margin cost if youโre borrowing money to trade. These donโt show up on the chart but affect the strategyโs performance in backtesting.
How to Use It
1. Add to Your Chart:
Copy the script into TradingViewโs Pine Editor, click "Add to Chart," and itโll start drawing FVGs and running the strategy.
2. Customize Settings:
Trend Period (Default: 25): How many bars it looks back to define the trend. Longer periods mean fewer but stronger signals.
Volume Lookback (Default: 20) & Volume Threshold (Default: 1.2): Adjust how it measures "high volume." Increase the threshold for stricter trades.
Stop Loss % (Default: 1.5%) & Take Profit % (Default: 3%): Set how much youโre willing to lose or aim to gain per trade.
Margin Rate % (Default: 8.74%): Webullโs rate for borrowing moneyโlower it if your account qualifies for a better rate.
Display Mitigation Zones (Default: On): Toggle this to see or hide the gap lines.
Colors: Change the green (bullish) and red (bearish) shades to suit your chart.
3. Backtest It:
Go to the "Strategy Tester" tab in TradingView to see how it performs on past data. Itโll show trades, profits, losses, and Webull fees included.
4. Watch It Work:
Green boxes mean bullish FVGs; red boxes mean bearish FVGs. If volume spikes and the price breaks out, youโll see trades happen automatically.
What to Expect
Visuals: Youโll see colored boxes for FVGs and optional lines showing where they start. These help you spot key price zones even if youโre not trading.
Trades: Itโs selectiveโonly trades when FVGs align with a breakout and volume confirms it. Expect fewer trades but with higher potential.
Risk: The stop loss keeps losses in check, while the take profit aims for a 2:1 reward-to-risk ratio by default (3% gain vs. 1.5% loss).
Costs: Webullโs fees are small but baked into the results, so youโre seeing a realistic picture of profits.
Tips for Users
Test it on a small timeframe (like 5-minute charts) for day trading or a larger one (like daily) for swing trading.
Play with the volume thresholdโif you get too few trades, lower it (e.g., 1.1); if too many, raise it (e.g., 1.5).
Watch how price reacts to the mitigation linesโtheyโre often support or resistance zones traders target.
This strategy is lightweight, focused, and built for traders who like breakouts with a bit of confirmation. Itโs not foolproof (no strategy is!), but it gives you a clear way to trade FVGs with some smart filters.
Supertrend Advance Pullback StrategyHandbook for the Supertrend Advance Strategy
1. Introduction
Purpose of the Handbook:
The main purpose of this handbook is to serve as a comprehensive guide for traders and investors who are looking to explore and harness the potential of the Supertrend Advance Strategy. In the rapidly changing financial market, having the right tools and strategies at one's disposal is crucial. Whether you're a beginner hoping to dive into the world of trading or a seasoned investor aiming to optimize and diversify your portfolio, this handbook offers the insights and methodologies you need. By the end of this guide, readers should have a clear understanding of how the Supertrend Advance Strategy works, its benefits, potential pitfalls, and practical application in various trading scenarios.
Overview of the Supertrend Advance Pullback Strategy:
At its core, the Supertrend Advance Strategy is an evolution of the popular Supertrend Indicator. Designed to generate buy and sell signals in trending markets, the Supertrend Indicator has been a favorite tool for many traders around the world. The Advance Strategy, however, builds upon this foundation by introducing enhanced mechanisms, filters, and methodologies to increase precision and reduce false signals.
1. Basic Concept:
The Supertrend Advance Strategy relies on a combination of price action and volatility to determine the potential trend direction. By assessing the average true range (ATR) in conjunction with specific price points, this strategy aims to highlight the potential starting and ending points of market trends.
2. Methodology:
Unlike the traditional Supertrend Indicator, which primarily focuses on closing prices and ATR, the Advance Strategy integrates other critical market variables, such as volume, momentum oscillators, and perhaps even fundamental data, to validate its signals. This multidimensional approach ensures that the generated signals are more reliable and are less prone to market noise.
3. Benefits:
One of the main benefits of the Supertrend Advance Strategy is its ability to filter out false breakouts and minor price fluctuations, which can often lead to premature exits or entries in the market. By waiting for a confluence of factors to align, traders using this advanced strategy can increase their chances of entering or exiting trades at optimal points.
4. Practical Applications:
The Supertrend Advance Strategy can be applied across various timeframes, from intraday trading to swing trading and even long-term investment scenarios. Furthermore, its flexible nature allows it to be tailored to different asset classes, be it stocks, commodities, forex, or cryptocurrencies.
In the subsequent sections of this handbook, we will delve deeper into the intricacies of this strategy, offering step-by-step guidelines on its application, case studies, and tips for maximizing its efficacy in the volatile world of trading.
As you journey through this handbook, we encourage you to approach the Supertrend Advance Strategy with an open mind, testing and tweaking it as per your personal trading style and risk appetite. The ultimate goal is not just to provide you with a new tool but to empower you with a holistic strategy that can enhance your trading endeavors.
2. Getting Started
Navigating the financial markets can be a daunting task without the right tools. This section is dedicated to helping you set up the Supertrend Advance Strategy on one of the most popular charting platforms, TradingView. By following the steps below, you'll be able to integrate this strategy into your charts and start leveraging its insights in no time.
Setting up on TradingView:
TradingView is a web-based platform that offers a wide range of charting tools, social networking, and market data. Before you can apply the Supertrend Advance Strategy, you'll first need a TradingView account. If you haven't set one up yet, here's how:
1. Account Creation:
โข Visit TradingView's official website.
โข Click on the "Join for free" or "Sign up" button.
โข Follow the registration process, providing the necessary details and setting up your login credentials.
2. Navigating the Dashboard:
โข Once logged in, you'll be taken to your dashboard. Here, you'll see a variety of tools, including watchlists, alerts, and the main charting window.
โข To begin charting, type in the name or ticker of the asset you're interested in the search bar at the top.
3. Configuring Chart Settings:
โข Before integrating the Supertrend Advance Strategy, familiarize yourself with the chart settings. This can be accessed by clicking the 'gear' icon on the top right of the chart window.
โข Adjust the chart type, time intervals, and other display settings to your preference.
Integrating the Strategy into a Chart:
Now that you're set up on TradingView, it's time to integrate the Supertrend Advance Strategy.
1. Accessing the Pine Script Editor:
โข Located at the top-center of your screen, you'll find the "Pine Editor" tab. Click on it.
โข This is where custom strategies and indicators are scripted or imported.
2. Loading the Supertrend Advance Strategy Script:
โข Depending on whether you have the script or need to find it, there are two paths:
โข If you have the script: Copy the Supertrend Advance Strategy script, and then paste it into the Pine Editor.
โข If searching for the script: Click on the โIndicatorsโ icon (looks like a flame) at the top of your screen, and then type โSupertrend Advance Strategyโ in the search bar. If available, it will show up in the list. Simply click to add it to your chart.
3. Applying the Strategy:
โข After pasting or selecting the Supertrend Advance Strategy in the Pine Editor, click on the โAdd to Chartโ button located at the top of the editor. This will overlay the strategy onto your main chart window.
4. Configuring Strategy Settings:
โข Once the strategy is on your chart, you'll notice a small settings ('gear') icon next to its name in the top-left of the chart window. Click on this to access settings.
โข Here, you can adjust various parameters of the Supertrend Advance Strategy to better fit your trading style or the specific asset you're analyzing.
5. Interpreting Signals:
โข With the strategy applied, you'll now see buy/sell signals represented on your chart. Take time to familiarize yourself with how these look and behave over various timeframes and market conditions.
3. Strategy Overview
What is the Supertrend Advance Strategy?
The Supertrend Advance Strategy is a refined version of the classic Supertrend Indicator, which was developed to aid traders in spotting market trends. The strategy utilizes a combination of data points, including average true range (ATR) and price momentum, to generate buy and sell signals.
In essence, the Supertrend Advance Strategy can be visualized as a line that moves with the price. When the price is above the Supertrend line, it indicates an uptrend and suggests a potential buy position. Conversely, when the price is below the Supertrend line, it hints at a downtrend, suggesting a potential selling point.
Strategy Goals and Objectives:
1. Trend Identification: At the core of the Supertrend Advance Strategy is the goal to efficiently and consistently identify prevailing market trends. By recognizing these trends, traders can position themselves to capitalize on price movements in their favor.
2. Reducing Noise: Financial markets are often inundated with 'noise' - short-term price fluctuations that can mislead traders. The Supertrend Advance Strategy aims to filter out this noise, allowing for clearer decision-making.
3. Enhancing Risk Management: With clear buy and sell signals, traders can set more precise stop-loss and take-profit points. This leads to better risk management and potentially improved profitability.
4. Versatility: While primarily used for trend identification, the strategy can be integrated with other technical tools and indicators to create a comprehensive trading system.
Type of Assets/Markets to Apply the Strategy:
1. Equities: The Supertrend Advance Strategy is highly popular among stock traders. Its ability to capture long-term trends makes it particularly useful for those trading individual stocks or equity indices.
2. Forex: Given the 24-hour nature of the Forex market and its propensity for trends, the Supertrend Advance Strategy is a valuable tool for currency traders.
3. Commodities: Whether it's gold, oil, or agricultural products, commodities often move in extended trends. The strategy can help in identifying and capitalizing on these movements.
4. Cryptocurrencies: The volatile nature of cryptocurrencies means they can have pronounced trends. The Supertrend Advance Strategy can aid crypto traders in navigating these often tumultuous waters.
5. Futures & Options: Traders and investors in derivative markets can utilize the strategy to make more informed decisions about contract entries and exits.
It's important to note that while the Supertrend Advance Strategy can be applied across various assets and markets, its effectiveness might vary based on market conditions, timeframe, and the specific characteristics of the asset in question. As always, it's recommended to use the strategy in conjunction with other analytical tools and to backtest its effectiveness in specific scenarios before committing to trades.
4. Input Settings
Understanding and correctly configuring input settings is crucial for optimizing the Supertrend Advance Strategy for any specific market or asset. These settings, when tweaked correctly, can drastically impact the strategy's performance.
Grouping Inputs:
Before diving into individual input settings, it's important to group similar inputs. Grouping can simplify the user interface, making it easier to adjust settings related to a specific function or indicator.
Strategy Choice:
This input allows traders to select from various strategies that incorporate the Supertrend indicator. Options might include "Supertrend with RSI," "Supertrend with MACD," etc. By choosing a strategy, the associated input settings for that strategy become available.
Supertrend Settings:
1. Multiplier: Typically, a default value of 3 is used. This multiplier is used in the ATR calculation. Increasing it makes the Supertrend line further from prices, while decreasing it brings the line closer.
2. Period: The number of bars used in the ATR calculation. A common default is 7.
EMA Settings (Exponential Moving Average):
1. Period: Defines the number of previous bars used to calculate the EMA. Common periods are 9, 21, 50, and 200.
2. Source: Allows traders to choose which price (Open, Close, High, Low) to use in the EMA calculation.
RSI Settings (Relative Strength Index):
1. Length: Determines how many periods are used for RSI calculation. The standard setting is 14.
2. Overbought Level: The threshold at which the asset is considered overbought, typically set at 70.
3. Oversold Level: The threshold at which the asset is considered oversold, often at 30.
MACD Settings (Moving Average Convergence Divergence):
1. Short Period: The shorter EMA, usually set to 12.
2. Long Period: The longer EMA, commonly set to 26.
3. Signal Period: Defines the EMA of the MACD line, typically set at 9.
CCI Settings (Commodity Channel Index):
1. Period: The number of bars used in the CCI calculation, often set to 20.
2. Overbought Level: Typically set at +100, denoting overbought conditions.
3. Oversold Level: Usually set at -100, indicating oversold conditions.
SL/TP Settings (Stop Loss/Take Profit):
1. SL Multiplier: Defines the multiplier for the average true range (ATR) to set the stop loss.
2. TP Multiplier: Defines the multiplier for the average true range (ATR) to set the take profit.
Filtering Conditions:
This section allows traders to set conditions to filter out certain signals. For example, one might only want to take buy signals when the RSI is below 30, ensuring they buy during oversold conditions.
Trade Direction and Backtest Period:
1. Trade Direction: Allows traders to specify whether they want to take long trades, short trades, or both.
2. Backtest Period: Specifies the time range for backtesting the strategy. Traders can choose from options like 'Last 6 months,' 'Last 1 year,' etc.
It's essential to remember that while default settings are provided for many of these tools, optimal settings can vary based on the market, timeframe, and trading style. Always backtest new settings on historical data to gauge their potential efficacy.
5. Understanding Strategy Conditions
Developing an understanding of the conditions set within a trading strategy is essential for traders to maximize its potential. Here, we delve deep into the logic behind these conditions, using the Supertrend Advance Strategy as our focal point.
Basic Logic Behind Conditions:
Every strategy is built around a set of conditions that provide buy or sell signals. The conditions are based on mathematical or statistical methods and are rooted in the study of historical price data. The fundamental idea is to recognize patterns or behaviors that have been profitable in the past and might be profitable in the future.
Buy and Sell Conditions:
1. Buy Conditions: Usually formulated around bullish signals or indicators suggesting upward price momentum.
2. Sell Conditions: Centered on bearish signals or indicators indicating downward price momentum.
Simple Strategy:
The simple strategy could involve using just the Supertrend indicator. Here:
โข Buy: When price closes above the Supertrend line.
โข Sell: When price closes below the Supertrend line.
Pullback Strategy:
This strategy capitalizes on price retracements:
โข Buy: When the price retraces to the Supertrend line after a bullish signal and is supported by another bullish indicator.
โข Sell: When the price retraces to the Supertrend line after a bearish signal and is confirmed by another bearish indicator.
Indicators Used:
EMA (Exponential Moving Average):
โข Logic: EMA gives more weight to recent prices, making it more responsive to current price movements. A shorter-period EMA crossing above a longer-period EMA can be a bullish sign, while the opposite is bearish.
RSI (Relative Strength Index):
โข Logic: RSI measures the magnitude of recent price changes to analyze overbought or oversold conditions. Values above 70 are typically considered overbought, and values below 30 are considered oversold.
MACD (Moving Average Convergence Divergence):
โข Logic: MACD assesses the relationship between two EMAs of a securityโs price. The MACD line crossing above the signal line can be a bullish signal, while crossing below can be bearish.
CCI (Commodity Channel Index):
โข Logic: CCI compares a security's average price change with its average price variation. A CCI value above +100 may mean the price is overbought, while below -100 might signify an oversold condition.
And others...
As the strategy expands or contracts, more indicators might be added or removed. The crucial point is to understand the core logic behind each, ensuring they align with the strategy's objectives.
Logic Behind Each Indicator:
1. EMA: Emphasizes recent price movements; provides dynamic support and resistance levels.
2. RSI: Indicates overbought and oversold conditions based on recent price changes.
3. MACD: Showcases momentum and direction of a trend by comparing two EMAs.
4. CCI: Measures the difference between a security's price change and its average price change.
Understanding strategy conditions is not just about knowing when to buy or sell but also about comprehending the underlying market dynamics that those conditions represent. As you familiarize yourself with each condition and indicator, you'll be better prepared to adapt and evolve with the ever-changing financial markets.
6. Trade Execution and Management
Trade execution and management are crucial aspects of any trading strategy. Efficient execution can significantly impact profitability, while effective management can preserve capital during adverse market conditions. In this section, we'll explore the nuances of position entry, exit strategies, and various Stop Loss (SL) and Take Profit (TP) methodologies within the Supertrend Advance Strategy.
Position Entry:
Effective trade entry revolves around:
1. Timing: Enter at a point where the risk-reward ratio is favorable. This often corresponds to confirmatory signals from multiple indicators.
2. Volume Analysis: Ensure there's adequate volume to support the movement. Volume can validate the strength of a signal.
3. Confirmation: Use multiple indicators or chart patterns to confirm the entry point. For instance, a buy signal from the Supertrend indicator can be confirmed with a bullish MACD crossover.
Position Exit Strategies:
A successful exit strategy will lock in profits and minimize losses. Here are some strategies:
1. Fixed Time Exit: Exiting after a predetermined period.
2. Percentage-based Profit Target: Exiting after a certain percentage gain.
3. Indicator-based Exit: Exiting when an indicator gives an opposing signal.
Percentage-based SL/TP:
โข Stop Loss (SL): Set a fixed percentage below the entry price to limit potential losses.
โข Example: A 2% SL on an entry at $100 would trigger a sell at $98.
โข Take Profit (TP): Set a fixed percentage above the entry price to lock in gains.
โข Example: A 5% TP on an entry at $100 would trigger a sell at $105.
Supertrend-based SL/TP:
โข Stop Loss (SL): Position the SL at the Supertrend line. If the price breaches this line, it could indicate a trend reversal.
โข Take Profit (TP): One could set the TP at a point where the Supertrend line flattens or turns, indicating a possible slowdown in momentum.
Swing high/low-based SL/TP:
โข Stop Loss (SL): For a long position, set the SL just below the recent swing low. For a short position, set it just above the recent swing high.
โข Take Profit (TP): For a long position, set the TP near a recent swing high or resistance. For a short position, near a swing low or support.
And other methods...
1. Trailing Stop Loss: This dynamic SL adjusts with the price movement, locking in profits as the trade moves in your favor.
2. Multiple Take Profits: Divide the position into segments and set multiple TP levels, securing profits in stages.
3. Opposite Signal Exit: Exit when another reliable indicator gives an opposite signal.
Trade execution and management are as much an art as they are a science. They require a blend of analytical skill, discipline, and intuition. Regularly reviewing and refining your strategies, especially in light of changing market conditions, is crucial to maintaining consistent trading performance.
7. Visual Representations
Visual tools are essential for traders, as they simplify complex data into an easily interpretable format. Properly analyzing and understanding the plots on a chart can provide actionable insights and a more intuitive grasp of market conditions. In this section, weโll delve into various visual representations used in the Supertrend Advance Strategy and their significance.
Understanding Plots on the Chart:
Charts are the primary visual aids for traders. The arrangement of data points, lines, and colors on them tell a story about the market's past, present, and potential future moves.
1. Data Points: These represent individual price actions over a specific timeframe. For instance, a daily chart will have data points showing the opening, closing, high, and low prices for each day.
2. Colors: Used to indicate the nature of price movement. Commonly, green is used for bullish (upward) moves and red for bearish (downward) moves.
Trend Lines:
Trend lines are straight lines drawn on a chart that connect a series of price points. Their significance:
1. Uptrend Line: Drawn along the lows, representing support. A break below might indicate a trend reversal.
2. Downtrend Line: Drawn along the highs, indicating resistance. A break above might suggest the start of a bullish trend.
Filled Areas:
These represent a range between two values on a chart, usually shaded or colored. For instance:
1. Bollinger Bands: The area between the upper and lower band is filled, giving a visual representation of volatility.
2. Volume Profile: Can show a filled area representing the amount of trading activity at different price levels.
Stop Loss and Take Profit Lines:
These are horizontal lines representing pre-determined exit points for trades.
1. Stop Loss Line: Indicates the level at which a trade will be automatically closed to limit losses. Positioned according to the trader's risk tolerance.
2. Take Profit Line: Denotes the target level to lock in profits. Set according to potential resistance (for long trades) or support (for short trades) or other technical factors.
Trailing Stop Lines:
A trailing stop is a dynamic form of stop loss that moves with the price. On a chart:
1. For Long Trades: Starts below the entry price and moves up with the price but remains static if the price falls, ensuring profits are locked in.
2. For Short Trades: Starts above the entry price and moves down with the price but remains static if the price rises.
Visual representations offer traders a clear, organized view of market dynamics. Familiarity with these tools ensures that traders can quickly and accurately interpret chart data, leading to more informed decision-making. Always ensure that the visual aids used resonate with your trading style and strategy for the best results.
8. Backtesting
Backtesting is a fundamental process in strategy development, enabling traders to evaluate the efficacy of their strategy using historical data. It provides a snapshot of how the strategy would have performed in past market conditions, offering insights into its potential strengths and vulnerabilities. In this section, we'll explore the intricacies of setting up and analyzing backtest results and the caveats one must be aware of.
Setting Up Backtest Period:
1. Duration: Determine the timeframe for the backtest. It should be long enough to capture various market conditions (bullish, bearish, sideways). For instance, if you're testing a daily strategy, consider a period of several years.
2. Data Quality: Ensure the data source is reliable, offering high-resolution and clean data. This is vital to get accurate backtest results.
3. Segmentation: Instead of a continuous period, sometimes it's helpful to backtest over distinct market phases, like a particular bear or bull market, to see how the strategy holds up in different environments.
Analyzing Backtest Results:
1. Performance Metrics: Examine metrics like the total return, annualized return, maximum drawdown, Sharpe ratio, and others to gauge the strategy's efficiency.
2. Win Rate: It's the ratio of winning trades to total trades. A high win rate doesn't always signify a good strategy; it should be evaluated in conjunction with other metrics.
3. Risk/Reward: Understand the average profit versus the average loss per trade. A strategy might have a low win rate but still be profitable if the average gain far exceeds the average loss.
4. Drawdown Analysis: Review the periods of losses the strategy could incur and how long it takes, on average, to recover.
9. Tips and Best Practices
Successful trading requires more than just knowing how a strategy works. It necessitates an understanding of when to apply it, how to adjust it to varying market conditions, and the wisdom to recognize and avoid common pitfalls. This section offers insightful tips and best practices to enhance the application of the Supertrend Advance Strategy.
When to Use the Strategy:
1. Market Conditions: Ideally, employ the Supertrend Advance Strategy during trending market conditions. This strategy thrives when there are clear upward or downward trends. It might be less effective during consolidative or sideways markets.
2. News Events: Be cautious around significant news events, as they can cause extreme volatility. It might be wise to avoid trading immediately before and after high-impact news.
3. Liquidity: Ensure you are trading in assets/markets with sufficient liquidity. High liquidity ensures that the price movements are more reflective of genuine market sentiment and not due to thin volume.
Adjusting Settings for Different Markets/Timeframes:
1. Markets: Each market (stocks, forex, commodities) has its own characteristics. It's essential to adjust the strategy's parameters to align with the market's volatility and liquidity.
2. Timeframes: Shorter timeframes (like 1-minute or 5-minute charts) tend to have more noise. You might need to adjust the settings to filter out false signals. Conversely, for longer timeframes (like daily or weekly charts), you might need to be more responsive to genuine trend changes.
3. Customization: Regularly review and tweak the strategy's settings. Periodic adjustments can ensure the strategy remains optimized for the current market conditions.
10. Frequently Asked Questions (FAQs)
Given the complexities and nuances of the Supertrend Advance Strategy, it's only natural for traders, both new and seasoned, to have questions. This section addresses some of the most commonly asked questions regarding the strategy.
1. What exactly is the Supertrend Advance Strategy?
The Supertrend Advance Strategy is an evolved version of the traditional Supertrend indicator. It's designed to provide clearer buy and sell signals by incorporating additional indicators like EMA, RSI, MACD, CCI, etc. The strategy aims to capitalize on market trends while minimizing false signals.
2. Can I use the Supertrend Advance Strategy for all asset types?
Yes, the strategy can be applied to various asset types like stocks, forex, commodities, and cryptocurrencies. However, it's crucial to adjust the settings accordingly to suit the specific characteristics and volatility of each asset type.
3. Is this strategy suitable for day trading?
Absolutely! The Supertrend Advance Strategy can be adjusted to suit various timeframes, making it versatile for both day trading and long-term trading. Remember to fine-tune the settings to align with the timeframe you're trading on.
4. How do I deal with false signals?
No strategy is immune to false signals. However, by combining the Supertrend with other indicators and adhering to strict risk management protocols, you can minimize the impact of false signals. Always use stop-loss orders and consider filtering trades with additional confirmation signals.
5. Do I need any prior trading experience to use this strategy?
While the Supertrend Advance Strategy is designed to be user-friendly, having a foundational understanding of trading and market analysis can greatly enhance your ability to employ the strategy effectively. If you're a beginner, consider pairing the strategy with further education and practice on demo accounts.
6. How often should I review and adjust the strategy settings?
There's no one-size-fits-all answer. Some traders adjust settings weekly, while others might do it monthly. The key is to remain responsive to changing market conditions. Regular backtesting can give insights into potential required adjustments.
7. Can the Supertrend Advance Strategy be automated?
Yes, many traders use algorithmic trading platforms to automate their strategies, including the Supertrend Advance Strategy. However, always monitor automated systems regularly to ensure they're operating as intended.
8. Are there any markets or conditions where the strategy shouldn't be used?
The strategy might generate more false signals in markets that are consolidative or range-bound. During significant news events or times of unexpected high volatility, it's advisable to tread with caution or stay out of the market.
9. How important is backtesting with this strategy?
Backtesting is crucial as it allows traders to understand how the strategy would have performed in the past, offering insights into potential profitability and areas of improvement. Always backtest any new setting or tweak before applying it to live trades.
10. What if the strategy isn't working for me?
No strategy guarantees consistent profits. If it's not working for you, consider reviewing your settings, seeking expert advice, or complementing the Supertrend Advance Strategy with other analysis methods. Remember, continuous learning and adaptation are the keys to trading success.
Other comments
Value of combining several indicators in this script and how they work together
Diversification of Signals: Just as diversifying an investment portfolio can reduce risk, using multiple indicators can offer varied perspectives on potential price movements. Each indicator can capture a different facet of the market, ensuring that traders are not overly reliant on a single data point.
Confirmation & Reduced False Signals: A common challenge with many indicators is the potential for false signals. By requiring confirmation from multiple indicators before acting, the chances of acting on a false signal can be significantly reduced.
Flexibility Across Market Conditions: Different indicators might perform better under different market conditions. For example, while moving averages might excel in trending markets, oscillators like RSI might be more useful during sideways or range-bound conditions. A mashup strategy can potentially adapt better to varying market scenarios.
Comprehensive Analysis: With multiple indicators, traders can gauge trend strength, momentum, volatility, and potential market reversals all at once, providing a holistic view of the market.
How do the different indicators in the Supertrend Advance Strategy work together?
Supertrend: This is primarily a trend-following indicator. It provides traders with buy and sell signals based on the volatility of the price. When combined with other indicators, it can filter out noise and give more weight to strong, confirmed trends.
EMA (Exponential Moving Average): EMA gives more weight to recent price data. It can be used to identify the direction and strength of a trend. When the price is above the EMA, it's generally considered bullish, and vice versa.
RSI (Relative Strength Index): An oscillator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions. By cross-referencing with other indicators like EMA or MACD, traders can spot potential reversals or confirmations of a trend.
MACD (Moving Average Convergence Divergence): This indicator identifies changes in the strength, direction, momentum, and duration of a trend in a stock's price. When the MACD line crosses above the signal line, it can be a bullish sign, and when it crosses below, it can be bearish. Pairing MACD with Supertrend can provide dual confirmation of a trend.
CCI (Commodity Channel Index): Initially developed for commodities, CCI can indicate overbought or oversold conditions. It can be used in conjunction with other indicators to determine entry and exit points.
In essence, the synergy of these indicators provides a balanced, comprehensive approach to trading. Each indicator offers its unique lens into market conditions, and when they align, it can be a powerful indication of a trading opportunity. This combination not only reduces the potential drawbacks of each individual indicator but leverages their strengths, aiming for more consistent and informed trading decisions.
Backtesting and Default Settings
โข This indicator has been optimized to be applied for 1 hour-charts. However, the underlying principles of this strategy are supply and demand in the financial markets and the strategy can be applied to all timeframes. Daytraders can use the 1min- or 5min charts, swing-traders can use the daily charts.
โข This strategy has been designed to identify the most promising, highest probability entries and trades for each stock or other financial security.
โข The combination of the qualifiers results in a highly selective strategy which only considers the most promising swing-trading entries. As a result, you will normally only find a low number of trades for each stock or other financial security per year in case you apply this strategy for the daily charts. Shorter timeframes will result in a higher number of trades / year.
โข Consequently, traders need to apply this strategy for a full watchlist rather than just one financial security.
โข Default properties: RSI on (length 14, RSI buy level 50, sell level 50), EMA, RSI, MACD on, type of strategy pullback, SL/TP type: ATR (length 10, factor 3), trade direction both, quantity 5, take profit swing hl 5.1, highest / lowest lookback 2, enable ATR trail (ATR length 10, SL ATR multiplier 1.4, TP multiplier 2.1, lookback = 4, trade direction = both).
Scout Regiment - D17# Scout Regiment - D17 Indicator
## English Documentation
### Overview
Scout Regiment - D17 is a comprehensive TradingView indicator that combines multiple technical analysis tools into one powerful overlay indicator. It provides traders with market structure analysis, divergence detection, volume profiling, smart money concepts, and session analysis.
### Key Features
#### 1. **EMA (Exponential Moving Averages)**
- **Purpose**: Trend identification and dynamic support/resistance levels
- **Configuration**: 13 customizable EMAs with adjustable periods
- **Default Active EMAs**: EMA 3 (21), EMA 5 (55), EMA 7 (144), EMA 8 (233)
- **Uses**: Identify trend direction, entry/exit points, and trend strength
- **Color Coding**: Different colors for easy visual distinction
#### 2. **TFMA (Timeframe Moving Averages)**
- **Purpose**: Multi-timeframe trend analysis
- **Features**:
- 3 EMAs on higher timeframes
- Dynamic labels showing trend direction
- Price difference percentage display
- Customizable timeframe settings
- **Default Settings**: 21-period timeframe with lengths 55, 144, and 233
- **Benefits**: Align trades with higher timeframe trends
#### 3. **DFMA (Daily Frame Moving Averages)**
- **Purpose**: Daily timeframe perspective on any chart
- **Features**: Similar to TFMA but specifically for daily analysis
- **Default Timeframe**: 1D (Daily)
- **Use Case**: Long-term trend confirmation and positioning
#### 4. **PMA (Price Moving Averages)**
- **Purpose**: Price channel analysis with filled areas
- **Configuration**: 7 customizable moving averages with fill zones
- **Default Lengths**: 12, 144, 169, 288, 338, 576, 676
- **Visual**: Color-filled zones between selected MAs for channel trading
#### 5. **VWAP (Volume Weighted Average Price)**
- **Purpose**: Institutional trading levels and fair value
- **Features**:
- Multiple anchor periods (Session, Week, Month, Quarter, Year, etc.)
- Standard deviation bands
- Corporate event anchoring (Earnings, Dividends, Splits)
- **Use Case**: Identify institutional support/resistance and mean reversion opportunities
#### 6. **Divergence Detector**
- **Purpose**: Identify potential trend reversals
- **Supported Indicators**: MACD, MACD Histogram, RSI, Stochastic, CCI, Williams %R, Bias, Momentum, OBV, SOBV, VWmacd, CMF, MFI, and external indicators
- **Divergence Types**:
- Regular Bullish/Bearish
- Hidden Bullish/Bearish
- **Features**:
- Automatic divergence line drawing
- Customizable detection parameters
- Color-coded alerts
#### 7. **Volume Profile & Node Detection**
- **Purpose**: Identify key price levels based on volume distribution
- **Features**:
- Volume Profile with POC (Point of Control)
- Value Area High (VAH) and Value Area Low (VAL)
- Peak and trough volume node detection
- Highest/lowest volume node highlighting
- **Lookback**: Configurable (default 377 bars)
- **Use Case**: Identify support/resistance zones and liquidity areas
#### 8. **Smart Money Concepts**
- **Purpose**: Track institutional trading patterns
- **Features**:
- Market Structure (BOS - Break of Structure, CHoCH - Change of Character)
- Internal and Swing structures
- Strong/Weak Highs and Lows
- Equal Highs/Lows detection
- Fair Value Gaps (FVG)
- **Modes**: Historical or Present (latest only)
- **Use Case**: Trade with institutional flow
#### 9. **Trading Sessions**
- **Purpose**: Analyze market behavior during different global sessions
- **Available Sessions**:
- Asian Session
- Sydney, Tokyo, Shanghai, Hong Kong
- European Session
- London, New York, NYSE
- **Features**:
- Session boxes with high/low visualization
- Real-time countdown timers
- Volume and price change tracking
- Information table with session statistics
- **Customization**: Choose which sessions to display, colors, and box styles
### How to Use
#### For Trend Following:
1. Enable EMAs 3, 5, 7, and 8
2. Use TFMA for higher timeframe confirmation
3. Look for price above/below key EMAs for trend direction
4. Use VWAP as additional confirmation
#### For Reversal Trading:
1. Enable Divergence Detector with MACD Histogram and Bias
2. Look for divergences at key support/resistance levels
3. Confirm with Smart Money CHoCH signals
4. Use Volume Profile nodes as entry/exit targets
#### For Intraday Trading:
1. Enable Trading Sessions
2. Focus on high-volume sessions (London, New York overlap)
3. Use session highs/lows as support/resistance
4. Trade Fair Value Gaps during active sessions
#### For Swing Trading:
1. Use DFMA for daily trend
2. Enable PMA for channel identification
3. Look for price reactions at volume profile value areas
4. Confirm with swing structure breaks
### Best Practices
1. **Don't Overcrowd**: Enable only the components you need for your strategy
2. **Multi-Timeframe Analysis**: Always check higher timeframe TFMA/DFMA
3. **Confluence**: Look for multiple signals confirming the same direction
4. **Volume Confirmation**: Use Volume Profile to validate price action
5. **Session Awareness**: Be aware of which session is active for volatility expectations
### Performance Optimization
- Disable unused features to improve chart loading speed
- Use "Present Mode" for Smart Money Concepts if historical data isn't needed
- Reduce Volume Profile lookback period on slower devices
### Alerts
The indicator includes alert conditions for:
- All divergence types (8 conditions)
- Smart Money structure breaks (8 conditions)
- Equal highs/lows detection
- Fair Value Gaps formation
---
## ไธญๆ่ฏดๆๆๆกฃ
### ๆฆ่ฟฐ
Scout Regiment - D17 ๆฏไธๆฌพ็ปผๅๆงTradingViewๆๆ ๏ผๅฐๅคไธชๆๆฏๅๆๅทฅๅ
ทๆดๅๅฐไธไธชๅผบๅคง็ๅ ๅ ๆๆ ไธญใๅฎไธบไบคๆ่
ๆไพๅธๅบ็ปๆๅๆใ่็ฆปๆฃๆตใๆไบค้ๅๆใ่ชๆ้ฑๆฆๅฟตๅๆถๅบๅๆใ
### ๆ ธๅฟๅ่ฝ
#### 1. **EMA๏ผๆๆฐ็งปๅจๅนณๅ็บฟ๏ผ**
- **็จ้**๏ผ่ถๅฟ่ฏๅซๅๅจๆๆฏๆ้ปๅไฝ
- **้
็ฝฎ**๏ผ13ๆกๅฏ่ชๅฎไนๅจๆ็EMA
- **้ป่ฎคๅฏ็จ**๏ผEMA 3๏ผ21๏ผใEMA 5๏ผ55๏ผใEMA 7๏ผ144๏ผใEMA 8๏ผ233๏ผ
- **ๅบ็จ**๏ผ่ฏๅซ่ถๅฟๆนๅใ่ฟๅบๅบ็นไฝๅ่ถๅฟๅผบๅบฆ
- **้ข่ฒ็ผ็ **๏ผไธๅ้ข่ฒไพฟไบ่ง่งๅบๅ
#### 2. **TFMA๏ผๆถ้ดๆกๆถ็งปๅจๅนณๅ็บฟ๏ผ**
- **็จ้**๏ผๅคๆถ้ดๆกๆถ่ถๅฟๅๆ
- **็น็น**๏ผ
- 3ๆกๆด้ซๆถ้ดๆกๆถ็EMA
- ๆพ็คบ่ถๅฟๆนๅ็ๅจๆๆ ็ญพ
- ไปทๆ ผๅทฎๅผ็พๅๆฏๆพ็คบ
- ๅฏ่ชๅฎไนๆถ้ดๆกๆถ่ฎพ็ฝฎ
- **้ป่ฎค่ฎพ็ฝฎ**๏ผ21ๅจๆๆถ้ดๆกๆถ๏ผ้ฟๅบฆไธบ55ใ144ๅ233
- **ไผๅฟ**๏ผไฝฟไบคๆไธๆด้ซๆถ้ดๆกๆถ่ถๅฟไฟๆไธ่ด
#### 3. **DFMA๏ผๆฅ็บฟๆกๆถ็งปๅจๅนณๅ็บฟ๏ผ**
- **็จ้**๏ผๅจไปปไฝๅพ่กจไธๆไพๆฅ็บฟๆถ้ดๆกๆถ่ง่ง
- **็น็น**๏ผไธTFMA็ฑปไผผ๏ผไฝไธ้จ็จไบๆฅ็บฟๅๆ
- **้ป่ฎคๆถ้ดๆกๆถ**๏ผ1D๏ผๆฅ็บฟ๏ผ
- **ไฝฟ็จๅบๆฏ**๏ผ้ฟๆ่ถๅฟ็กฎ่ฎคๅๅฎไฝ
#### 4. **PMA๏ผไปทๆ ผ็งปๅจๅนณๅ็บฟ๏ผ**
- **็จ้**๏ผไปทๆ ผ้้ๅๆไธๅกซๅ
ๅบๅ
- **้
็ฝฎ**๏ผ7ๆกๅฏ่ชๅฎไน็็งปๅจๅนณๅ็บฟ๏ผๅธฆๅกซๅ
ๅบๅ
- **้ป่ฎค้ฟๅบฆ**๏ผ12ใ144ใ169ใ288ใ338ใ576ใ676
- **่ง่งๆๆ**๏ผ้ๅฎMAไน้ด็ๅฝฉ่ฒๅกซๅ
ๅบๅ๏ผ็จไบ้้ไบคๆ
#### 5. **VWAP๏ผๆไบค้ๅ ๆๅนณๅไปทๆ ผ๏ผ**
- **็จ้**๏ผๆบๆไบคๆๆฐดๅนณๅๅ
ฌๅ
ไปทๅผ
- **็น็น**๏ผ
- ๅคไธช้ๅฎๅจๆ๏ผไบคๆๆฅใๅจใๆใๅญฃๅบฆใๅนด็ญ๏ผ
- ๆ ๅๅทฎๆณขๆฎต
- ไผไธไบไปถ้ๅฎ๏ผ่ดขๆฅใๅ็บขใๆ่ก๏ผ
- **ไฝฟ็จๅบๆฏ**๏ผ่ฏๅซๆบๆๆฏๆ้ปๅๅๅๅผๅๅฝๆบไผ
#### 6. **่็ฆปๆฃๆตๅจ**
- **็จ้**๏ผ่ฏๅซๆฝๅจ่ถๅฟๅ่ฝฌ
- **ๆฏๆๆๆ **๏ผMACDใMACDๆฑ็ถๅพใRSIใ้ๆบๆๆ ใCCIใๅจๅปๆๆ ใไน็ฆป็ใๅจ้ใOBVใSOBVใVWmacdใCMFใMFIๅๅค้จๆๆ
- **่็ฆป็ฑปๅ**๏ผ
- ๅธธ่ง็ๆถจ/็่ท่็ฆป
- ้่็ๆถจ/็่ท่็ฆป
- **็น็น**๏ผ
- ่ชๅจ็ปๅถ่็ฆป่ฟ็บฟ
- ๅฏ่ชๅฎไนๆฃๆตๅๆฐ
- ้ข่ฒ็ผ็ ่ญฆๆฅ
#### 7. **ๆไบค้ๅๅธไธ่็นๆฃๆต**
- **็จ้**๏ผๅบไบๆไบค้ๅๅธ่ฏๅซๅ
ณ้ฎไปทๆ ผๆฐดๅนณ
- **็น็น**๏ผ
- ๆไบค้ๅๅธๅพไธPOC๏ผๆงๅถ็น๏ผ
- ไปทๅผๅบๅ้ซ็น๏ผVAH๏ผๅไฝ็น๏ผVAL๏ผ
- ๅณฐๅผๅไฝ่ฐทๆไบค้่็นๆฃๆต
- ๆ้ซ/ๆไฝๆไบค้่็น็ชๅบๆพ็คบ
- **ๅๆบฏๆ**๏ผๅฏ้
็ฝฎ๏ผ้ป่ฎค377ๆ นK็บฟ๏ผ
- **ไฝฟ็จๅบๆฏ**๏ผ่ฏๅซๆฏๆ้ปๅๅบๅๅๆตๅจๆงๅบๅ
#### 8. **่ชๆ้ฑๆฆๅฟต**
- **็จ้**๏ผ่ฟฝ่ธชๆบๆไบคๆๆจกๅผ
- **็น็น**๏ผ
- ๅธๅบ็ปๆ๏ผBOS-็ช็ ด็ปๆใCHoCH-็ปๆ่ฝฌๅ๏ผ
- ๅ
้จๅๆๅจ็ปๆ
- ๅผบ/ๅผฑ้ซไฝ็น
- ็ญ้ซ/็ญไฝๆฃๆต
- ๅ
ฌๅ
ไปทๅผ็ผบๅฃ๏ผFVG๏ผ
- **ๆจกๅผ**๏ผๅๅฒๆจกๅผๆๅฝๅๆจกๅผ๏ผไป
ๆๆฐ๏ผ
- **ไฝฟ็จๅบๆฏ**๏ผ่ท้ๆบๆ่ต้ๆตๅจไบคๆ
#### 9. **ไบคๆๆถๅบ**
- **็จ้**๏ผๅๆไธๅๅ
จ็ๆถๆฎต็ๅธๅบ่กไธบ
- **ๅฏ็จๆถๆฎต**๏ผ
- ไบๆดฒๆถๆฎต
- ๆๅฐผใไธไบฌใไธๆตทใ้ฆๆธฏ
- ๆฌงๆดฒๆถๆฎต
- ไผฆๆฆใ็บฝ็บฆใ็บฝไบคๆ
- **็น็น**๏ผ
- ๆถๆฎตๆนๆกๆพ็คบ้ซไฝ็น
- ๅฎๆถๅ่ฎกๆถ
- ๆไบค้ๅไปทๆ ผๅๅ่ฟฝ่ธช
- ๆถๆฎต็ป่ฎกไฟกๆฏ่กจๆ ผ
- **่ชๅฎไน**๏ผ้ๆฉๆพ็คบๅชไบๆถๆฎตใ้ข่ฒๅๆนๆกๆ ทๅผ
### ไฝฟ็จๆนๆณ
#### ่ถๅฟ่ท้็ญ็ฅ๏ผ
1. ๅฏ็จEMA 3ใ5ใ7ๅ8
2. ไฝฟ็จTFMA่ฟ่กๆด้ซๆถ้ดๆกๆถ็กฎ่ฎค
3. ่งๅฏไปทๆ ผๅจๅ
ณ้ฎEMAไธๆน/ไธๆน็กฎๅฎ่ถๅฟๆนๅ
4. ไฝฟ็จVWAPไฝไธบ้ขๅค็กฎ่ฎค
#### ๅ่ฝฌไบคๆ็ญ็ฅ๏ผ
1. ๅฏ็จ่็ฆปๆฃๆตๅจ๏ผMACDๆฑ็ถๅพๅไน็ฆป็๏ผ
2. ๅจๅ
ณ้ฎๆฏๆ้ปๅไฝๅฏปๆพ่็ฆป
3. ็จ่ชๆ้ฑCHoCHไฟกๅท็กฎ่ฎค
4. ไฝฟ็จๆไบค้ๅๅธ่็นไฝไธบ่ฟๅบๅบ็ฎๆ
#### ๆฅๅ
ไบคๆ็ญ็ฅ๏ผ
1. ๅฏ็จไบคๆๆถๅบ
2. ๅ
ณๆณจ้ซๆไบค้ๆถๆฎต๏ผไผฆๆฆใ็บฝ็บฆ้ๅ ๆถๆฎต๏ผ
3. ไฝฟ็จๆถๆฎต้ซไฝ็นไฝไธบๆฏๆ้ปๅ
4. ๅจๆดป่ทๆถๆฎตไบคๆๅ
ฌๅ
ไปทๅผ็ผบๅฃ
#### ๆณขๆฎตไบคๆ็ญ็ฅ๏ผ
1. ไฝฟ็จDFMA็กฎๅฎๆฅ็บฟ่ถๅฟ
2. ๅฏ็จPMA่ฏๅซ้้
3. ่งๅฏไปทๆ ผๅจๆไบค้ๅๅธไปทๅผๅบๅ็ๅๅบ
4. ็จๆๅจ็ปๆ็ช็ ด็กฎ่ฎค
### ๆไฝณๅฎ่ทต
1. **้ฟๅ
่ฟๅบฆๆฅๆค**๏ผไป
ๅฏ็จ็ญ็ฅๆ้็็ปไปถ
2. **ๅคๆถ้ดๆกๆถๅๆ**๏ผๅง็ปๆฃๆฅๆด้ซๆถ้ดๆกๆถ็TFMA/DFMA
3. **ๆฑๅ็น**๏ผๅฏปๆพๅคไธชไฟกๅท็กฎ่ฎคๅไธๆนๅ
4. **ๆไบค้็กฎ่ฎค**๏ผไฝฟ็จๆไบค้ๅๅธ้ช่ฏไปทๆ ผ่กไธบ
5. **ๆถๆฎตๆ่ฏ**๏ผไบ่งฃๅฝๅๆดป่ทๆถๆฎตไปฅ้ขๆๆณขๅจๆง
### ๆง่ฝไผๅ
- ็ฆ็จๆชไฝฟ็จ็ๅ่ฝไปฅๆ้ซๅพ่กจๅ ่ฝฝ้ๅบฆ
- ๅฆๆไธ้่ฆๅๅฒๆฐๆฎ๏ผๅฏน่ชๆ้ฑๆฆๅฟตไฝฟ็จ"ๅฝๅๆจกๅผ"
- ๅจ่พๆ
ข่ฎพๅคไธๅๅฐๆไบค้ๅๅธๅๆบฏๆ
### ่ญฆๆฅ
ๆๆ ๅ
ๅซไปฅไธ่ญฆๆฅๆกไปถ๏ผ
- ๆๆ่็ฆป็ฑปๅ๏ผ8ไธชๆกไปถ๏ผ
- ่ชๆ้ฑ็ปๆ็ช็ ด๏ผ8ไธชๆกไปถ๏ผ
- ็ญ้ซ/็ญไฝๆฃๆต
- ๅ
ฌๅ
ไปทๅผ็ผบๅฃๅฝขๆ
---
## Technical Support
For questions or issues, please refer to the TradingView community or contact the indicator creator.
## ๆๆฏๆฏๆ
ๅฆๆ้ฎ้ข๏ผ่ฏทๅ่TradingView็คพๅบๆ่็ณปๆๆ ๅๅปบ่
ใ
Smart Money Concepts [XoRonX]# Smart Money Concepts (SMC) - Advanced Trading Indicator
## ๐ Deskripsi
**Smart Money Concepts ** adalah indicator trading komprehensif yang menggabungkan konsep Smart Money Trading dengan berbagai alat teknikal analisis modern. Indicator ini dirancang untuk membantu trader mengidentifikasi pergerakan institusional (smart money), struktur pasar, zona supply/demand, dan berbagai sinyal trading penting.
Indicator ini mengintegrasikan multiple timeframe analysis, order blocks detection, fair value gaps, fibonacci retracement, volume profile, RSI multi-timeframe, dan moving averages dalam satu platform yang powerful dan mudah digunakan.
---
## ๐ฏ Fitur Utama
### 1. **Smart Money Structure**
- **Internal Structure** - Struktur pasar jangka pendek untuk entry presisi
- **Swing Structure** - Struktur pasar jangka panjang untuk trend analysis
- **BOS (Break of Structure)** - Konfirmasi kelanjutan trend
- **CHoCH (Change of Character)** - Deteksi potensi reversal
### 2. **Order Blocks**
- **Internal Order Blocks** - Zona demand/supply jangka pendek
- **Swing Order Blocks** - Zona demand/supply jangka panjang
- Filter otomatis berdasarkan volatilitas (ATR/Range)
- Mitigation tracking (High/Low atau Close)
- Customizable display (jumlah order blocks yang ditampilkan)
### 3. **Equal Highs & Equal Lows (EQH/EQL)**
- Deteksi otomatis equal highs/lows
- Indikasi liquidity zones
- Threshold adjustment untuk sensitivitas
- Visual lines dan labels
### 4. **Fair Value Gaps (FVG)**
- Multi-timeframe FVG detection
- Auto threshold filtering
- Bullish & Bearish FVG boxes
- Extension control
- Color customization
### 5. **Premium & Discount Zones**
- Premium Zone (75-100% dari range)
- Equilibrium Zone (47.5-52.5% dari range)
- Discount Zone (0-25% dari range)
- Auto-update berdasarkan swing high/low
### 6. **Fibonacci Retracement**
- **Equilibrium to Discount** - Fib dari EQ ke discount zone
- **Equilibrium to Premium** - Fib dari EQ ke premium zone
- **Discount to Premium** - Fib full range
- Reverse option
- Show/hide lines
- Custom colors
### 7. **Volume Profile (VRVP)**
- Visible Range Volume Profile
- Point of Control (POC)
- Value Area (70% volume)
- Auto-adjust rows
- Placement options (Left/Right)
- Width customization
### 8. **RSI Multi-Timeframe**
- Monitor 3 timeframes sekaligus
- Overbought/Oversold signals
- Visual table display
- Color-coded signals (Red OB, Green OS)
- Customizable position & size
### 9. **Moving Averages**
- 3 Moving Average lines
- Pilihan tipe: EMA, SMA, WMA
- Automatic/Manual period mode
- Individual color & width settings
- Cross alerts (MA vs MA, Price vs MA)
### 10. **Multi-Timeframe Levels**
- Support up to 5 different timeframes
- Previous high/low levels
- Custom line styles
- Color customization
### 11. **Candle Color**
- Color candles berdasarkan trend
- Bullish = Green, Bearish = Red
- Optional toggle
---
## ๐ ๏ธ Cara Penggunaan
### **A. Setup Awal**
1. **Tambahkan Indicator ke Chart**
- Buka TradingView
- Klik "Indicators" โ "My Scripts" atau paste code
- Pilih "Smart Money Concepts "
2. **Pilih Mode Display**
- **Historical**: Tampilkan semua struktur (untuk backtesting)
- **Present**: Hanya tampilkan struktur terbaru (clean chart)
3. **Pilih Style**
- **Colored**: Warna berbeda untuk bullish/bearish
- **Monochrome**: Tema warna abu-abu
---
### **B. Penggunaan Fitur**
#### **1. Smart Money Structure**
**Internal Structure (Real-time):**
- โ
Aktifkan "Show Internal Structure"
- Pilih tampilan: All, BOS only, atau CHoCH only
- Gunakan untuk entry timing presisi
- Filter confluence untuk mengurangi noise
**Swing Structure:**
- โ
Aktifkan "Show Swing Structure"
- Pilih tampilan struktur bullish/bearish
- Adjust "Swings Length" (default: 50)
- Gunakan untuk konfirmasi trend utama
**Tips:**
- BOS = Konfirmasi trend continuation
- CHoCH = Warning untuk possible reversal
- Tunggu price retest ke order block setelah BOS
---
#### **2. Order Blocks**
**Setup:**
- โ
Aktifkan Internal/Swing Order Blocks
- Set jumlah blocks yang ditampil (1-20)
- Pilih filter: ATR atau Cumulative Mean Range
- Pilih mitigation: Close atau High/Low
**Cara Trading:**
1. Tunggu BOS/CHoCH terbentuk
2. Identifikasi order block terdekat
3. Wait for price pullback ke order block
4. Entry saat price respek order block (rejection)
5. Stop loss di bawah/atas order block
6. Target: swing high/low berikutnya
**Color Code:**
- ๐ต Light Blue = Internal Bullish OB
- ๐ด Light Red = Internal Bearish OB
- ๐ต Dark Blue = Swing Bullish OB
- ๐ด Dark Red = Swing Bearish OB
---
#### **3. Equal Highs/Lows (EQH/EQL)**
**Setup:**
- โ
Aktifkan "Equal High/Low"
- Set "Bars Confirmation" (default: 3)
- Adjust threshold (0-0.5, default: 0.1)
**Interpretasi:**
- EQH = Liquidity di atas, kemungkinan sweep lalu dump
- EQL = Liquidity di bawah, kemungkinan sweep lalu pump
- Biasanya smart money akan grab liquidity sebelum move besar
**Trading Strategy:**
- Wait for EQH/EQL formation
- Anticipate liquidity grab
- Entry setelah sweep dengan konfirmasi (order block, FVG, CHoCH)
---
#### **4. Fair Value Gaps (FVG)**
**Setup:**
- โ
Aktifkan "Fair Value Gaps"
- Pilih timeframe (default: chart timeframe)
- Enable/disable auto threshold
- Set extension bars
**Cara Trading:**
1. Bullish FVG = Support zone untuk buy
2. Bearish FVG = Resistance zone untuk sell
3. Price tends to fill FVG (retest)
4. Entry saat price kembali ke FVG
5. Partial fill = valid, full fill = invalidated
**Tips:**
- FVG + Order Block = High probability setup
- Multi-timeframe FVG lebih kuat
- Unfilled FVG = strong momentum
---
#### **5. Premium & Discount Zones**
**Setup:**
- โ
Aktifkan "Premium/Discount Zones"
- Zones akan auto-update berdasarkan swing high/low
**Interpretasi:**
- ๐ข **Discount Zone** = Area BUY (price murah)
- โช **Equilibrium** = Neutral (50%)
- ๐ด **Premium Zone** = Area SELL (price mahal)
**Trading Strategy:**
- BUY dari discount zone
- SELL dari premium zone
- Avoid trading di equilibrium
- Combine dengan structure confirmation
---
#### **6. Fibonacci Retracement**
**Setup:**
- Pilih Fib yang ingin ditampilkan:
- Equilibrium to Discount
- Equilibrium to Premium
- Discount to Premium
- Toggle show lines
- Enable reverse jika perlu
- Custom colors
**Key Levels:**
- 0.236 = Shallow retracement
- 0.382 = Common retracement
- 0.5 = 50% golden level
- 0.618 = Golden ratio (penting!)
- 0.786 = Deep retracement
**Cara Pakai:**
- 0.618-0.786 = Ideal entry zone dalam trend
- Combine dengan order blocks
- Wait for confirmation candle
---
#### **7. Volume Profile (VRVP)**
**Setup:**
- โ
Aktifkan "Show Volume Profile"
- Set jumlah rows (10-100)
- Adjust width (5-50%)
- Pilih placement (Left/Right)
- Enable POC dan Value Area
**Interpretasi:**
- **POC (Point of Control)** = Harga dengan volume tertinggi = magnet
- **Value Area** = 70% volume = fair price range
- **Low Volume Nodes** = Weak support/resistance
- **High Volume Nodes** = Strong support/resistance
**Trading:**
- POC acts as support/resistance
- Price tends to return to POC
- Breakout dari Value Area = momentum
---
#### **8. RSI Multi-Timeframe**
**Setup:**
- โ
Aktifkan "Show RSI Table"
- Set 3 timeframes (default: chart, 5m, 15m)
- Set RSI period (default: 14)
- Set Overbought level (default: 70)
- Set Oversold level (default: 30)
- Pilih posisi & ukuran table
**Interpretasi:**
- ๐ข **OS (Oversold)** = RSI โค 30 = Kondisi jenuh jual
- ๐ด **OB (Overbought)** = RSI โฅ 70 = Kondisi jenuh beli
- **-** = Neutral zone
**Trading Strategy:**
1. Multi-timeframe alignment = strong signal
2. OS + Bullish structure = BUY signal
3. OB + Bearish structure = SELL signal
4. Divergence RSI vs Price = reversal warning
**Contoh:**
- TF1: OS, TF2: OS, TF3: OS + Price di discount zone = STRONG BUY
---
#### **9. Moving Averages**
**Setup:**
- Pilih MA Type: EMA, SMA, atau WMA (berlaku untuk ketiga MA)
- Pilih Period Mode: Automatic atau Manual
- Set period untuk MA 1, 2, 3 (default: 20, 50, 100)
- Custom color & width per MA
- โ
Enable Cross Alerts
**Interpretasi:**
- **Golden Cross** = MA fast cross above MA slow = Bullish
- **Death Cross** = MA fast cross below MA slow = Bearish
- Price above all MAs = Strong uptrend
- Price below all MAs = Strong downtrend
**Trading Strategy:**
1. MA1 (20) = Short-term trend
2. MA2 (50) = Medium-term trend
3. MA3 (100) = Long-term trend
**Entry Signals:**
- Price bounce dari MA dalam trend = continuation
- MA cross dengan konfirmasi structure = entry
- Multiple MA confluence = strong support/resistance
**Alerts Available:**
- MA1 cross MA2/MA3
- MA2 cross MA3
- Price cross any MA
---
#### **10. Multi-Timeframe Levels**
**Setup:**
- Enable HTF Level 1-5
- Set timeframes (contoh: 5m, 1H, 4H, D, W)
- Pilih line style (solid/dashed/dotted)
- Custom colors
**Cara Pakai:**
- Previous high/low dari HTF = strong S/R
- Breakout HTF level = significant move
- Multiple HTF levels confluence = major zone
---
### **C. Trading Setup Combination**
#### **Setup 1: High Probability Buy (Bullish)**
1. โ
Swing structure: Bullish BOS
2. โ
Price di Discount Zone
3. โ
Pullback ke Bullish Order Block
4. โ
Bullish FVG di bawah
5. โ
RSI Multi-TF: Oversold
6. โ
Price bounce dari MA
7. โ
POC/Value Area support
8. โ
Fibonacci 0.618-0.786 retracement
**Entry:** Saat price reject dari order block dengan confirmation candle
**Stop Loss:** Below order block
**Target:** Swing high atau premium zone
---
#### **Setup 2: High Probability Sell (Bearish)**
1. โ
Swing structure: Bearish BOS
2. โ
Price di Premium Zone
3. โ
Pullback ke Bearish Order Block
4. โ
Bearish FVG di atas
5. โ
RSI Multi-TF: Overbought
6. โ
Price reject dari MA
7. โ
POC/Value Area resistance
8. โ
Fibonacci 0.618-0.786 retracement
**Entry:** Saat price reject dari order block dengan confirmation candle
**Stop Loss:** Above order block
**Target:** Swing low atau discount zone
---
#### **Setup 3: Liquidity Grab (EQH/EQL)**
1. โ
Identifikasi EQH atau EQL
2. โ
Wait for liquidity sweep
3. โ
Konfirmasi dengan CHoCH
4. โ
Order block terbentuk setelah sweep
5. โ
Entry saat retest order block
---
### **D. Tips & Best Practices**
**Risk Management:**
- Selalu gunakan stop loss
- Risk 1-2% per trade
- Risk:Reward minimum 1:2
- Jangan over-leverage
**Confluence adalah Kunci:**
- Minimal 3-4 konfirmasi sebelum entry
- Lebih banyak konfirmasi = higher probability
- Quality over quantity
**Timeframe Analysis:**
- HTF (Higher Timeframe) = Trend direction
- LTF (Lower Timeframe) = Entry timing
- Align dengan HTF trend
**Backtesting:**
- Gunakan mode "Historical"
- Test strategy di berbagai market condition
- Record dan analyze hasil
**Market Condition:**
- Trending market = Follow BOS, use order blocks
- Ranging market = Use premium/discount zones, EQH/EQL
- High volatility = Wider stops, wait for clear structure
**Avoid:**
- Trading di equilibrium zone
- Entry tanpa konfirmasi
- Fighting the trend
- Overleveraging
- Emotional trading
---
## ๐ Recommended Settings
### **For Scalping (1m - 5m):**
- Internal Structure: ON
- Swing Structure: OFF
- Order Blocks: Internal only
- RSI Timeframes: 1m, 5m, 15m
- MA Periods: 9, 21, 50
### **For Day Trading (15m - 1H):**
- Internal Structure: ON
- Swing Structure: ON
- Order Blocks: Both
- RSI Timeframes: 15m, 1H, 4H
- MA Periods: 20, 50, 100
### **For Swing Trading (4H - D):**
- Internal Structure: OFF
- Swing Structure: ON
- Order Blocks: Swing only
- RSI Timeframes: 4H, D, W
- MA Periods: 20, 50, 200
---
## โ ๏ธ Disclaimer
Indicator ini adalah alat bantu analisis teknikal. Tidak ada indicator yang 100% akurat. Selalu:
- Lakukan analisa fundamental
- Gunakan proper risk management
- Praktik di demo account terlebih dahulu
- Trading memiliki resiko, trade at your own risk
---
## ๐ Version Info
**Version:** 5.0
**Platform:** TradingView Pine Script v5
**Author:** XoRonX
**Max Labels:** 500
**Max Lines:** 500
**Max Boxes:** 500
---
## ๐ Updates & Support
Untuk update, bug reports, atau pertanyaan:
- Check documentation regularly
- Test new features in replay mode
- Backup your settings before updates
---
## ๐ Learning Resources
**Recommended Study:**
1. Smart Money Concepts (SMC) basics
2. Order blocks theory
3. Liquidity concepts
4. ICT (Inner Circle Trader) concepts
5. Volume profile analysis
6. Multi-timeframe analysis
**Practice:**
- Start with higher timeframes
- Master one concept at a time
- Keep a trading journal
- Review your trades weekly
---
**Happy Trading! ๐๐**
_Remember: The best indicator is your own analysis and discipline._
Smart Margin Zone
SMART MARGIN ZONE - CME-BASED SUPPORT & RESISTANCE INDICATOR
TITLE FOR PUBLICATION:
Smart Margin Zone - CME Margin-Based Support and Resistance
CATEGORY:
Support and Resistance
SHORT DESCRIPTION (for preview):
Automatically plots margin zones based on CME Group requirements. These zones represent critical price levels where leveraged traders face margin calls, creating natural support and resistance through forced liquidations.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
FULL DESCRIPTION FOR TRADINGVIEW:
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ Smart Margin Zone - Professional Trading Zones Based on CME Data
This indicator automatically calculates and displays margin zones derived from official CME Group margin requirements. These zones represent critical price levels where traders using leverage receive margin calls, triggering forced position closures that create natural support and resistance levels.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ฏ CORE CONCEPT
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
When price reaches calculated margin zones, traders using 2:1 or 4:1 leverage on CME futures receive margin calls. Brokers automatically liquidate these positions, creating waves of buying or selling pressure that form strong support and resistance levels.
This is not theoretical - it's based on actual margin requirements from CME Group, the world's largest derivatives marketplace.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ CALCULATION METHODOLOGY
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
The indicator uses the following formula to calculate zone sizes:
Zone Size = (Margin Requirement / Tick Value) ร Tick Size ร 1.10
Where:
โข Margin Requirement = Official CME initial margin (updated November 2024)
โข Tick Value = Dollar value of minimum price movement
โข Tick Size = Minimum price increment
โข 1.10 = 10% buffer for realistic zone width
SUPPORTED INSTRUMENTS WITH CME DATA:
Currency Pairs:
โข EURUSD: $2,100 margin โ 0.0168 zone size
โข GBPUSD: $1,800 margin โ 0.0144 zone size
โข AUDUSD: $1,300 margin โ 0.0065 zone size
โข NZDUSD: $1,100 margin โ 0.0055 zone size
โข USDJPY: $3,200 margin โ custom calculation
โข USDCAD: $950 margin โ calculated
โข USDCHF: $1,650 margin โ calculated
Commodities:
โข Gold (XAUUSD): $8,000 margin โ 80 points zone size
โข Silver (XAGUSD): $6,500 margin โ calculated
โข WTI Crude Oil: $4,500 margin โ calculated
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ HOW IT WORKS
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
1. SWING POINT DETECTION
The indicator automatically identifies swing highs and swing lows using a configurable lookback period (default 10 bars). These become anchor points for zone calculations.
2. FIVE ZONE LEVELS
From each swing point, five zone levels are calculated:
โข Zone 1/4 (25%) - First correction level
โข Zone 1/2 (50%) - KEY ZONE for trend determination
โข Zone 3/4 (75%) - Intermediate level
โข Zone 1/1 (100%) - Full margin zone (strongest level)
โข Zone 5/4 (125%) - Extended zone
3. TREND IDENTIFICATION
โข Close above Zone 1/2 resistance = Bullish trend
โข Close below Zone 1/2 support = Bearish trend
โข Between zones = Range/consolidation
4. HISTORICAL CONTEXT
Current zones are displayed prominently with fills and labels. Historical zones appear as thin, semi-transparent lines for context without cluttering the chart.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ๏ธ FEATURES
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
AUTOMATED CALCULATION:
โ
Auto-detection of swing highs and lows
โ
Real-time zone updates as new swings form
โ
CME margin data built-in for major instruments
โ
Manual override option for custom calculations
VISUAL CLARITY:
โ
Color-coded zones (red=resistance, green=support)
โ
Adjustable transparency for fills and lines
โ
Current zones bold with fills and price labels
โ
Historical zones thin and transparent
โ
Swing point markers show calculation origins
CUSTOMIZATION:
โ
Show/hide individual zone levels (1/4, 1/2, 3/4, 1/1, 5/4)
โ
Toggle historical zones on/off
โ
Adjustable lookback period (5-50 bars)
โ
Customizable colors for all elements
โ
Line width and transparency controls
โ
Zone extension options (none/right/both)
TREND ANALYSIS:
โ
Optional trend background coloring
โ
Customizable trend colors and transparency
โ
Real-time trend identification display
STATISTICS:
โ
Live statistics table showing:
- Current instrument
- Active zone size
- Calculation mode
- Current trend direction
- Number of zones displayed
ALERTS:
โ
Zone 1/2 breakout (up/down)
โ
Full margin zone 1/1 reached
โ
Customizable alert messages
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ TRADING APPLICATIONS
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
ENTRY SIGNALS:
โข Bounces from zone levels = potential entry points
โข Zone 1/2 breakouts = trend continuation entries
โข Zone rejections = reversal opportunities
RISK MANAGEMENT:
โข Zone levels = logical stop-loss placement
โข Zone 1/1 = maximum risk level
โข Zone spacing = position sizing guide
PROFIT TARGETS:
โข Next zone level = first target
โข Zone 1/1 = full profit target
โข Zone breakouts = extended targets
TREND CONFIRMATION:
โข Price above Zone 1/2 resistance = confirmed uptrend
โข Price below Zone 1/2 support = confirmed downtrend
โข Consolidation between zones = wait for breakout
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ USAGE INSTRUCTIONS
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
GETTING STARTED:
1. Add indicator to chart of any supported instrument
2. Zones automatically calculate and display
3. Adjust swing detection period if needed (default 10 works well)
4. Customize colors and visibility to your preference
OPTIMAL SETTINGS:
โข Best timeframes: H1, H4, Daily, Weekly
โข Default swing length (10) suitable for most markets
โข Show 2-3 historical zones for context
โข Enable swing point markers to see calculation origins
INTERPRETATION:
โข Watch for price reactions at zone boundaries
โข Strong bounces = respect for margin level
โข Clean breaks = momentum continuation
โข Multiple touches = zone strength confirmation
SET ALERTS:
โข Zone 1/2 breakouts for trend entries
โข Zone 1/1 reaches for profit-taking
โข Custom alerts for your specific strategy
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ ๏ธ IMPORTANT NOTES
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
DATA ACCURACY:
โข CME margin requirements updated November 2024
โข Margins change periodically - check CME Group website
โข Manual mode available for latest margin data
โข Indicator provides analysis tool, not financial advice
STATISTICAL PERFORMANCE:
โข Historical data shows >60% probability of continued movement after Zone 1/2 breakout
โข Zone effectiveness varies by market conditions
โข Best results in trending markets with clear swings
LIMITATIONS:
โข Margin requirements change - monitor CME updates
โข Works best on liquid instruments with clear swings
โข Not a standalone trading system
โข Should be combined with additional analysis
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ง METHODOLOGY CREDIT
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
This indicator is based on the margin zones concept developed by Alexander Bazylev (BTrade indicator for MetaTrader platforms).
The TradingView implementation has been completely rewritten with original enhancements:
โข Multiple zone levels instead of single level
โข Automatic swing point detection algorithm
โข Direct CME data integration
โข Historical zone visualization
โข Advanced customization options
โข Comprehensive statistics and alerts
All code is original and specifically designed for TradingView's Pine Script v5 environment.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ก BEST PRACTICES
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
COMBINE WITH:
โข Volume analysis for confirmation
โข Trend indicators for direction bias
โข Price action patterns at zones
โข Higher timeframe analysis
AVOID:
โข Trading against strong trends at minor zones
โข Over-leveraging based solely on zone placement
โข Ignoring broader market context
โข Expecting perfect bounces every time
OPTIMIZE:
โข Adjust swing length for different timeframes
โข Shorter period (5-7) for intraday trading
โข Longer period (15-20) for swing trading
โข Test historical effectiveness on your instruments
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ EDUCATIONAL VALUE
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
This indicator helps traders understand:
โข How institutional margin requirements affect price
โข Where forced liquidations create pressure
โข Natural support and resistance formation
โข Relationship between leverage and price levels
โข Market structure and key technical levels
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ VERSION HISTORY
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Version 1.0 (Initial Release):
โข CME-based zone calculation for 10 instruments
โข Automatic swing high/low detection
โข 5 zone levels with customizable display
โข Historical zones with transparency control
โข Swing point markers
โข Trend background indicator
โข Live statistics table
โข Multiple alert conditions
โข Fully customizable colors and styles
โข English language interface
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ SUPPORT & FEEDBACK
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Questions or suggestions? Leave a comment below!
If you find this indicator useful:
โญ Please leave a like
๐ฌ Share your experience in comments
๐ Follow for updates and new indicators
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ๏ธ DISCLAIMER
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
This indicator is provided for educational and analytical purposes only. It is not financial advice and should not be the sole basis for trading decisions.
โข Past performance does not guarantee future results
โข Trading involves substantial risk of loss
โข CME margin requirements subject to change
โข Always do your own research and risk management
โข Consult a financial advisor for investment advice
The creator is not responsible for any trading losses incurred through use of this indicator.
Quantum Market Analyzer X7Quantum Market Analyzer X7 - Complete Study Guide
Table of Contents
1. Overview
2. Indicator Components
3. Signal Interpretation
4. Live Market Analysis Guide
5. Best Practices
6. Limitations and Considerations
7. Risk Disclaimer
________________________________________
Overview
The Quantum Market Analyzer X7 is a comprehensive multi-timeframe technical analysis indicator that combines traditional and modern analytical methods. It aggregates signals from multiple technical indicators across seven key analysis categories to provide traders with a consolidated view of market sentiment and potential trading opportunities.
Key Features:
โข Multi-Indicator Analysis: Combines 20+ technical indicators
โข Real-Time Dashboard: Professional interface with customizable display
โข Signal Aggregation: Weighted scoring system for overall market sentiment
โข Advanced Analytics: Includes Order Block detection, Supertrend, and Volume analysis
โข Visual Progress Indicators: Easy-to-read progress bars for signal strength
________________________________________
Indicator Components
1. Oscillators Section
Purpose: Identifies overbought/oversold conditions and momentum changes
Included Indicators:
โข RSI (14): Relative Strength Index - momentum oscillator
โข Stochastic (14): Compares closing price to price range
โข CCI (20): Commodity Channel Index - cycle identification
โข Williams %R (14): Momentum indicator similar to Stochastic
โข MACD (12,26,9): Moving Average Convergence Divergence
โข Momentum (10): Rate of price change
โข ROC (9): Rate of Change
โข Bollinger Bands (20,2): Volatility-based indicator
Signal Interpretation:
โข Strong Buy (6+ points): Multiple oscillators indicate oversold conditions
โข Buy (2-5 points): Moderate bullish momentum
โข Neutral (-1 to 1 points): Balanced conditions
โข Sell (-2 to -5 points): Moderate bearish momentum
โข Strong Sell (-6+ points): Multiple oscillators indicate overbought conditions
2. Moving Averages Section
Purpose: Determines trend direction and strength
Included Indicators:
โข SMA: 10, 20, 50, 100, 200 periods
โข EMA: 10, 20, 50 periods
Signal Logic:
โข Price >2% above MA = Strong Buy (+2)
โข Price above MA = Buy (+1)
โข Price below MA = Sell (-1)
โข Price >2% below MA = Strong Sell (-2)
Signal Interpretation:
โข Strong Buy (6+ points): Price well above multiple MAs, strong uptrend
โข Buy (2-5 points): Price above most MAs, bullish trend
โข Neutral (-1 to 1 points): Mixed MA signals, consolidation
โข Sell (-2 to -5 points): Price below most MAs, bearish trend
โข Strong Sell (-6+ points): Price well below multiple MAs, strong downtrend
3. Order Block Analysis
Purpose: Identifies institutional support/resistance levels and breakouts
How It Works:
โข Detects historical levels where large orders were placed
โข Monitors price behavior around these levels
โข Identifies breakouts from established order blocks
Signal Types:
โข BULLISH BRK (+2): Breakout above resistance order block
โข BEARISH BRK (-2): Breakdown below support order block
โข ABOVE SUP (+1): Price holding above support
โข BELOW RES (-1): Price rejected at resistance
โข NEUTRAL (0): No significant order block interaction
4. Supertrend Analysis
Purpose: Trend following indicator based on Average True Range
Parameters:
โข ATR Period: 10 (default)
โข ATR Multiplier: 6.0 (default)
Signal Types:
โข BULLISH (+2): Price above Supertrend line
โข BEARISH (-2): Price below Supertrend line
โข NEUTRAL (0): Transition period
5. Trendline/Channel Analysis
Purpose: Identifies trend channels and breakout patterns
Components:
โข Dynamic trendline calculation using pivot points
โข Channel width based on historical volatility
โข Breakout detection algorithm
Signal Types:
โข UPPER BRK (+2): Breakout above upper channel
โข LOWER BRK (-2): Breakdown below lower channel
โข ABOVE MID (+1): Price above channel midline
โข BELOW MID (-1): Price below channel midline
6. Volume Analysis
Purpose: Confirms price movements with volume data
Components:
โข Volume spikes detection
โข On Balance Volume (OBV)
โข Volume Price Trend (VPT)
โข Money Flow Index (MFI)
โข Accumulation/Distribution Line
Signal Calculation: Multiple volume indicators are combined to determine institutional activity and confirm price movements.
________________________________________
Signal Interpretation
Overall Summary Signals
The indicator aggregates all component signals into an overall market sentiment:
Signal Score Range Interpretation Action
STRONG BUY 10+ Overwhelming bullish consensus Consider long positions
BUY 4-9 Moderate to strong bullish bias Look for long opportunities
NEUTRAL -3 to 3 Mixed signals, consolidation Wait for clearer direction
SELL -4 to -9 Moderate to strong bearish bias Look for short opportunities
STRONG SELL -10+ Overwhelming bearish consensus Consider short positions
Progress Bar Interpretation
โข Filled bars indicate signal strength
โข Green bars: Bullish signals
โข Red bars: Bearish signals
โข More filled bars = stronger conviction
________________________________________
Live Market Analysis Guide
Step 1: Initial Assessment
1. Check Overall Summary: Start with the main signal
2. Verify with Component Analysis: Ensure signals align
3. Look for Divergences: Identify conflicting signals
Step 2: Timeframe Analysis
1. Set Appropriate Timeframe: Use 1H for intraday, 4H/1D for swing trading
2. Multi-Timeframe Confirmation: Check higher timeframes for trend context
3. Entry Timing: Use lower timeframes for precise entry points
Step 3: Signal Confirmation Process.
For Buy Signals:
1. Oscillators: Look for oversold conditions (RSI <30, Stoch <20)
2. Moving Averages: Price should be above key MAs
3. Order Blocks: Confirm bounce from support levels
4. Volume: Check for accumulation patterns
5. Supertrend: Ensure bullish trend alignment.
For Sell Signals:
1. Oscillators: Look for overbought conditions (RSI >70, Stoch >80)
2. Moving Averages: Price should be below key MAs
3. Order Blocks: Confirm rejection at resistance levels
4. Volume: Check for distribution patterns
5. Supertrend: Ensure bearish trend alignment.
Step 4: Risk Management Integration
1. Signal Strength Assessment: Stronger signals = larger position size
2. Stop Loss Placement: Use Order Block levels for stops
3. Take Profit Targets: Based on channel analysis and resistance levels
4. Position Sizing: Adjust based on signal confidence
________________________________________
Best Practices
Entry Strategies
1. High Conviction Entries: Wait for STRONG BUY/SELL signals
2. Confluence Trading: Look for multiple components aligning
3. Breakout Trading: Use Order Block and Trendline breakouts
4. Trend Following: Align with Supertrend direction.
Risk Management
1. Never Risk More Than 2% Per Trade: Regardless of signal strength
2. Use Stop Losses: Place at invalidation levels
3. Scale Positions: Stronger signals warrant larger (but still controlled) positions
4. Diversification: Don't rely solely on one indicator.
Market Conditions
1. Trending Markets: Focus on Supertrend and MA signals
2. Range-Bound Markets: Emphasize Oscillator and Order Block signals
3. High Volatility: Reduce position sizes, widen stops
4. Low Volume: Be cautious of breakout signals.
Common Mistakes to Avoid
1. Signal Chasing: Don't enter after signals have already moved significantly
2. Ignoring Context: Consider overall market conditions
3. Overtrading: Wait for high-quality setups
4. Poor Risk Management: Always use appropriate position sizing
________________________________________
Limitations and Considerations
Technical Limitations
1. Lagging Nature: All technical indicators are based on historical data
2. False Signals: No indicator is 100% accurate
3. Market Regime Changes: Indicators may perform differently in various market conditions
4. Whipsaws: Possible in choppy, sideways markets.
Optimal Use Cases
1. Trending Markets: Performs best in clear trending environments
2. Medium to High Volatility: Requires sufficient price movement for signals
3. Liquid Markets: Works best with adequate volume and tight spreads
4. Multiple Timeframe Analysis: Most effective when used across different timeframes.
When to Use Caution
1. Major News Events: Fundamental analysis may override technical signals
2. Market Opens/Closes: Higher volatility can create false signals
3. Low Volume Periods: Signals may be less reliable
4. Holiday Trading: Reduced participation affects signal quality
________________________________________
Risk Disclaimer
IMPORTANT LEGAL DISCLAIMER FROM aiTrendview
WARNING: TRADING INVOLVES SUBSTANTIAL RISK OF LOSS
This Quantum Market Analyzer X7 indicator ("the Indicator") is provided for educational and informational purposes only. By using this indicator, you acknowledge and agree to the following terms:
No Investment Advice
โข The Indicator does NOT constitute investment advice, financial advice, or trading recommendations
โข All signals generated are based on historical price data and mathematical calculations
โข Past performance does not guarantee future results
โข No representation is made that any account will achieve profits or losses similar to those shown.
Risk Acknowledgment
โข TRADING CARRIES SUBSTANTIAL RISK: You may lose some or all of your invested capital
โข LEVERAGE AMPLIFIES RISK: Margin trading can result in losses exceeding your initial investment
โข MARKET VOLATILITY: Financial markets are inherently unpredictable and volatile
โข TECHNICAL ANALYSIS LIMITATIONS: No technical indicator is infallible or guarantees profitable trades.
User Responsibility
โข YOU ARE SOLELY RESPONSIBLE for all trading decisions and their consequences
โข CONDUCT YOUR OWN RESEARCH: Always perform independent analysis before making trading decisions
โข CONSULT PROFESSIONALS: Seek advice from qualified financial advisors
โข RISK MANAGEMENT: Implement appropriate risk management strategies
No Warranties
โข The Indicator is provided "AS IS" without warranties of any kind
โข aiTrendview makes no representations about the accuracy, reliability, or suitability of the Indicator
โข Technical glitches, data feed issues, or calculation errors may occur
โข The Indicator may not work as expected in all market conditions.
Limitation of Liability
โข aiTrendview SHALL NOT BE LIABLE for any direct, indirect, incidental, or consequential damages
โข This includes but is not limited to: trading losses, missed opportunities, data inaccuracies, or system failures
โข MAXIMUM LIABILITY is limited to the amount paid for the indicator (if any)
Code Usage and Distribution
โข This indicator is published on TradingView in accordance with TradingView's house rules
โข UNAUTHORIZED MODIFICATION or redistribution of this code is prohibited
โข Users may not claim ownership of this intellectual property
โข Commercial use requires explicit written permission from aiTrendview.
Compliance and Regulations
โข VERIFY LOCAL REGULATIONS: Ensure compliance with your jurisdiction's trading laws
โข Some trading strategies may not be suitable for all investors
โข Tax implications of trading are your responsibility
โข Report trading activities as required by law
Specific Risk Factors
1. False Signals: The Indicator may generate incorrect buy/sell signals
2. Market Gaps: Overnight gaps can invalidate technical analysis
3. Fundamental Events: News and economic data can override technical signals
4. Liquidity Risk: Some markets may have insufficient liquidity
5. Technology Risk: Platform failures or connectivity issues may prevent order execution.
Professional Trading Warning
โข THIS IS NOT PROFESSIONAL TRADING SOFTWARE: Not intended for institutional or professional trading
โข NO REGULATORY APPROVAL: This indicator has not been approved by any financial regulatory authority
โข EDUCATIONAL PURPOSE: Designed primarily for learning technical analysis concepts
FINAL WARNING
NEVER INVEST MONEY YOU CANNOT AFFORD TO LOSE
Trading financial instruments involves significant risk. The majority of retail traders lose money. Before using this indicator in live trading:
1. Practice on paper/demo accounts extensively
2. Start with small position sizes
3. Develop a comprehensive trading plan
4. Implement strict risk management rules
5. Continuously educate yourself about market dynamics
By using the Quantum Market Analyzer X7, you acknowledge that you have read, understood, and agree to this disclaimer. You assume full responsibility for all trading decisions and their outcomes.
Contact: For questions about this disclaimer or the indicator, contact aiTrendview through official TradingView channels only.
________________________________________
This study guide and indicator are published on TradingView in compliance with TradingView's community guidelines and house rules. All users must adhere to TradingView's terms of service when using this indicator.
Document Version: 1.0
Publisher: aiTrendview
________________________________________
Disclaimer
The content provided in this blog post is for educational and training purposes only. It is not intended to be, and should not be construed as, financial, investment, or trading advice. All charting and technical analysis examples are for illustrative purposes. Trading and investing in financial markets involve substantial risk of loss and are not suitable for every individual. Before making any financial decisions, you should consult with a qualified financial professional to assess your personal financial situation.
