ORB Norman (2 Sessions, Auto Timezone)ORB Norman (2 Sessions, Auto Timezone)
This script plots Opening Range Breakout (ORB) levels for two configurable sessions. It’s designed for intraday traders—especially in futures markets like Gold (GC), Nasdaq (NQ), and S&P (ES)—who trade based on early session breakouts or range rejections. Unlike standard indicators, this tool auto-adjusts for timezones based on the instrument, ensuring precise session alignment.
Features:
Automatically adjusts for NQ/ES (Chicago time) and GC (New York time) based on the symbol.
Plots high, low, and optional midpoint lines for each session.
Clean, minimal settings with visual separation for better usability.
Ray extension length is fully customizable.
Works on any intraday chart (recommended: 5–15 minute timeframes).
Includes customizable session times, colors, ray length, and an optional midpoint line.
Default Sessions:
Session 1:
‣ 07:00–08:00 EST for GC
‣ 06:00–07:00 CT for NQ/ES
Session 2:
‣ 09:30–09:45 EST for GC
‣ 08:30–08:45 CT for NQ/ES
This tool is ideal for traders who scalp the early morning breakout or look for range rejections based on the opening auction.
This script was developed from scratch based on the author's own intraday trading needs.
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Intelligent Top & Bottom Finder v9.8 Keyvankh📈 Intelligent Top & Bottom Finder v9.8 Keyvankh
A next-generation all-in-one trading system for precise tops, bottoms, and reversals across all timeframes.
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🟢 Overview
This indicator is a powerful and intelligent solution for detecting market tops and bottoms, key reversals, and S/R zones with institutional-grade accuracy. Designed for traders seeking an edge in any market (crypto, forex, stocks), it combines advanced candlestick recognition, multi-indicator confirmation, smart support/resistance clustering, and strict signal filtering into one seamless tool.
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🔎 How Does It Work?
1. Advanced Support & Resistance Clustering
Automatically detects and draws high-probability support and resistance zones using dynamic ATR-based pivot clustering.
Highlights breakouts and retest (flip) zones in real-time, adapting to changing market structure.
2. Full Candlestick Pattern Recognition
Scans for 15+ classic and advanced patterns: Engulfing, Pin Bar, Doji, Three Bar, Marubozu, Hammer, Shooting Star, Three White Soldiers, Three Black Crows, Tweezer, Morning/Evening Star, Kicker, Belt Hold, and more.
Scores each pattern’s strength based on location (S/R zone, retest, breakout), volume context, and confirmation signals.
3. Multi-Indicator Confirmation Engine**
Integrates and scores confirmation from up to five additional sources:
RSI Games 1.2** (smoothed LTF momentum shifts)
MACD Divergence** (bullish/bearish momentum reversal)
QQE+ v7 Advanced** (dynamic volatility filter)
OBV Trend Filter** (volume-backed trend validation)
Volume Game** (net volume spike and reversal detection)
Each module can be enabled or disabled to fit your personal trading style.
4. Institutional S/R and Retest Logic
Real-time recognition of major trendline breaks, retest zones, and price flips.
Automatic labeling and coloring of S/R zones, retest boxes, and confirmation candles.
5. Smart Buy & Sell Signal Generation**
Combines all scoring modules with strict logical filters and “failsafe override” logic (guaranteeing signal on confirmed hammers, engulfings, etc. even if other filters disagree).
Plots clear “BUY” and “SELL” labels only when a strong, multi-factor signal appears—minimizing noise and maximizing reliability.
Built-in fallback logic (optional) for edge cases.
6. Alerts & Automation Ready
TradingView alerts for all BUY, SELL, or ANY signal conditions—perfect for auto-trading or notification setups.
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*⚙️ Customizable Inputs
Enable/Disable any module (RSI Games, MACD, OBV, QQE+, Candlestick Scanner, Volume Game)
Minimum Confirmations** required for a signal (1–10)
Pivot/Zone Sensitivity:** ATR multiplier, pivots per cluster, retest bar duration
LTF (Lower Timeframe) Confirmation:** Fully configurable
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📊 How To Use**
Apply on any timeframe and symbol**—crypto, stocks, forex, indices.
Use as a **standalone reversal/entry tool** or to confirm your own technical setups.
Combine with your favorite momentum, trend, or volume indicators for advanced confluence.
Set up **TradingView alerts** for auto-trading, Telegram/email notifications, or trade journaling.
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🟢 What Makes This Unique?
All-in-one multi-indicator fusion:** No more juggling a dozen scripts.
Institutional logic:** Goes beyond basic signals with true S/R, retest, and volume logic.
Full transparency:** Source code is clear and commented (if published open-source).
Fast and reliable:** Optimized for minimal lag and maximum accuracy.
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⚠️ Disclaimer**
This indicator is a tool to assist with trade timing and risk management. **No system is 100% accurate.** Always use in conjunction with your own analysis and risk management practices.
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📚 Credits & License**
Created by Keyvan Khodakhah.
You may use, modify, or share this script under the (mozilla.org).
Please credit the original author if you fork or reuse in public.
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Questions, feedback, or collaboration? Contact: Keyvankh
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Precision in technical analysis comes from layers of confluence and discipline. This tool brings that precision to your chart.
Scalping Candle [Crak x MMT]The Scalping Candle is a TradingView indicator designed for scalping strategies, identifying potential bullish and bearish engulfing patterns on price charts. It overlays directly on the chart and marks specific candle patterns with visual signals, helping traders spot short-term trading opportunities. The indicator includes a customizable bias filter to focus on bullish, bearish, or neutral market conditions.
Features
Overlay Indicator : Displays bullish and bearish signals directly on the price chart.
Bias Filter : Allows users to select a market bias ('Bullish', 'Bearish', or 'Neutral') to filter signals based on their trading preference.
Visual Signals : Plots green upward triangles below bullish candles and red downward triangles above bearish candles.
Alerts : Generates alerts for bullish and bearish engulfing patterns, enabling timely notifications for trade setups.
How It Works
The indicator analyzes the relationship between the current and previous candles to detect engulfing patterns:
Bullish Engulfing : Triggered when the current candle's low is at or below the previous candle's low, and its close is at or above the previous candle's midpoint. This signal is displayed only if the bias filter is set to 'Neutral' or 'Bullish'.
Bearish Engulfing : Triggered when the current candle's high is at or above the previous candle's high, and its close is at or below the previous candle's midpoint. This signal is displayed only if the bias filter is set to 'Neutral' or 'Bearish'.
The previous candle's midpoint is calculated as the average of its high and low prices.
Usage
- Add to Chart : Apply the indicator to any TradingView chart.
- Configure Bias Filter :
Neutral : Displays both bullish and bearish signals.
Bullish : Displays only bullish signals.
Bearish : Displays only bearish signals.
- Interpret Signals :
Green upward triangle below a candle indicates a potential bullish reversal.
Red downward triangle above a candle indicates a potential bearish reversal.
- Set Alerts : Use the built-in alert conditions to receive notifications when bullish or bearish engulfing patterns are detected.
Settings
Bias Filter : Choose between 'Neutral', 'Bullish', or 'Bearish' to control which signals are displayed.
Shape Size : Signals are plotted as small triangles for minimal chart clutter.
Alert Conditions : Enable alerts for 'Bullish Engulfing Detected' or 'Bearish Engulfing Detected' to stay informed of new signals.
Ideal Use Case
This indicator is tailored for scalpers and short-term traders looking to capitalize on quick price movements driven by engulfing candle patterns. It works best on 15-minute chart and can be combined with other technical tools for confirmation.
EMA-Pack MTFEMA-Pack MTF
This TradingView Pine Script defines a custom indicator called "EMA-Pack MTF" that overlays various types of moving averages and Bollinger Bands across multiple timeframes on a chart. It begins by importing the built-in technical analysis library and defining a custom ma function that calculates several types of moving averages (SMA, EMA, TEMA, DEMA, HMA, and ALMA) based on user input. The ema function is the core logic, retrieving market data for the specified timeframe and calculating fast, mid, slow, 50, 100, and 200-period moving averages along with Bollinger Band components (basis, upper, and lower bands). The function adjusts values to the nearest valid price tick and returns them.
User input fields allow customization of timeframes, source data, moving average types, and Bollinger Band parameters. The script calls the ema function for each selected timeframe (1 minute, 5 minutes, 15 minutes, 1 hour, 4 hours, and 1 day), storing their respective computed values. It then plots the calculated moving averages and Bollinger Band basis lines on the chart, using different colors and line widths to distinguish between them. Some plots are hidden by default (display.none) to reduce chart clutter. This script is useful for multi-timeframe trend analysis using customizable moving averages and Bollinger Bands.
HL/OL Histogram + (Close-Open)🧠 Core Concept
This indicator is designed to detect meaningful directional intent in price action using a combination of:
Intrabar candle structure (high - open, open - low)
Net price momentum (close - open)
Timed trigger levels (frozen buy/sell prices based on selected timeframe closes)
The core idea is to visually separate bullish and bearish energy in the current bar, and to mark the price at which momentum flips from down to up or vice versa, based on a change in the close - open differential.
🔍 Components Breakdown
1. Histogram Bars
Green Bars (high - open): Represent bullish upper wicks, showing intrabar strength above the open.
Red Bars (open - low): Represent bearish lower wicks, showing pressure below the open.
Plotted as histograms above and below the zero line.
2. Close–Open Line (White)
Plots the difference between close and open for each bar.
Helps you visually track when momentum flips from negative to positive, or vice versa.
A bold black zero line provides clear reference for these flips.
3. Buy/Sell Signal Logic
A Buy Trigger is generated when close - open crosses above zero
A Sell Trigger occurs when close - open crosses below zero
These trigger events are one-shot, meaning they’re only registered once per signal direction. No retriggers occur until the opposite condition is met.
📈 Trigger Price Table (Static)
On a signal trigger, the close price from a lower timeframe (15S, 30S, 1, 2, 3, or 5 min) is captured.
This price is frozen and displayed in a table at the top-right of the pane.
The price remains fixed until the opposite trigger condition fires, at which point it is replaced.
Why close price?
Using the close from the lower timeframe gives a precise, decisive reference point — ideal for planning limit entries or confirming breakout commitment.
🛠️ Use Cases
Momentum traders can use the histogram and line to time entries after strong open rejection or close breakouts.
Scalpers can quickly gauge intrabar sentiment reversals and react to new momentum without waiting for candle closes.
Algo builders can use the frozen price logic as precise entry or confirmation points in automated strategies.
Time Period Highlighter V2This indicator highlights custom time periods on any intraday chart in TradingView, making it easier to visualize your preferred trading sessions.
You can define up to three separate time ranges per day, each with precise start and end times down to the minute (e.g., 08:30 - 12:15, 14:00 - 16:45, and 20:00 - 22:30). The indicator shades the background of your chart during these periods, helping you quickly identify when you're most active or when specific market conditions occur.
Key Features:
Set start and end times (hours and minutes) for up to three trading sessions.
Automatically highlights these periods across any intraday timeframe.
Uses 24-hour time format aligned with your TradingView chart timezone.
Perfect for day traders, scalpers, or anyone needing clear visual cues for their trading windows.
This tool is especially useful for reviewing trading strategies, backtesting, or ensuring you're focusing on high-probability market hours.
Tip: Double-check that your chart timezone matches your desired session times for accurate highlighting.
Range Breakout [sgbpulse]Range Breakout
1. Overview
The "Range Breakout " indicator is a powerful tool designed to identify and visually display price ranges on your chart using pivot points. It dynamically draws two distinct boxes – an External Range and an Internal Range – helping traders pinpoint potential support and resistance zones. Beyond its visual representation, the indicator offers a comprehensive set of 12 unique breakout alerts, providing real-time notifications for significant price movements outside these defined ranges. Additionally, it integrates RSI and MFI metrics for momentum confirmation.
2. How It Works
The indicator operates by identifying pivot points based on user-defined "left" and "right" bar lengths. A high pivot is a bar with a specified number of lower highs both to its left and right, and similarly for a low pivot.
External Range: Calculated using longer pivot lengths (default: 15 bars left, 6 bars right). This range represents broader, more significant price consolidation areas.
Internal Range: Calculated using shorter pivot lengths (default: 4 bars left, 3 bars right). This range captures tighter, more immediate price consolidations within the broader trend.
The External Range will always be greater than or equal to the Internal Range, as it's based on a wider historical context. Both ranges are displayed as transparent boxes on your chart, dynamically adjusting as new pivots are formed.
3. Key Features and Settings
Customizable Pivot Lengths:
External Range (Left/Right Bars): Adjust sensitivity for identifying the broader price range. Longer lengths lead to more stable, but less frequent, range updates.
Internal Range (Left/Right Bars): Adjust sensitivity for the tighter, more immediate price range.
Tool Tips: Minimum 6 bars for the External Range, and minimum 2 bars for the Internal Range.
Customizable Range Colors: Easily change the background colors of the External and Internal Range boxes to match your chart's aesthetic.
Dynamic Range Display: The indicator automatically updates the range boxes as new pivot highs and lows are formed, always presenting the most current valid ranges.
RSI / MFI Settings:
Timeframe Source: Select the timeframe for RSI and MFI calculation.
- Chart: Calculation based on the current chart timeframe.
- Daily: Always calculated based on the daily ("D") timeframe, even if the chart is on a lower timeframe.
RSI Length: Period length for RSI calculation (default: 14).
RSI Overbought Level: Overbought level for RSI (default: 70.0).
RSI Oversold Level: Oversold level for RSI (default: 30.0).
MFI Length: Period length for MFI calculation (default: 14).
MFI Overbought Level: Overbought level for MFI (default: 80.0).
MFI Oversold Level: Oversold level for MFI (default: 20.0).
4. Synergy of Ranges & Breakout Strength
The interaction between the External and Internal Ranges provides deep insights into price movement and breakout strength:
Immediate Direction: The movement of the Internal Range (up or down) indicates the short-term directional bias within the broader framework of the External Range.
Strength Confirmation: A breakout of the External Range, followed by a breakout of the Internal Range, confirms the strength of the move and increases confidence in the breakout.
Strong Momentum ("Leaving" Ranges Behind): When price breaks out with exceptionally strong momentum, it continues to move aggressively and does not immediately form new pivots. In such situations, the existing ranges (External and Internal) remain in place while the candles "leave them behind." A "Full Candle" breakout, where the entire candle moves past both ranges, indicates a particularly powerful and decisive move.
Momentum (RSI / MFI) as Confirmation:
- RSI (Relative Strength Index): Measures the speed and change of price movements. Extreme values (above 70 or below 30) indicate overbought/oversold conditions respectively, confirming strong momentum in a breakout.
- MFI (Money Flow Index): Similar to RSI but incorporates volume. Extreme values (above 80 or below 20) indicate strong money flow in/out, reinforcing breakout confirmation.
- Importance of Confirmation: If a breakout occurs but momentum indicators do not confirm it (for example, an upside breakout while RSI is declining), this could signal weakness in the move and the risk of a false breakout (Fakeout).
5. Visuals
The indicator provides clear visual representations on the chart:
Range Boxes:
Two dynamic boxes are drawn on the chart: one for the External Range and one for the Internal Range.
These boxes update continuously, displaying the current range boundaries based on the latest pivots. They provide an immediate visual indication of support and resistance levels.
RSI/MFI Status Labels:
Small text labels appear to the right of the current bar, vertically centered.
They display the status of RSI and MFI: RSI OB (Overbought), RSI OS (Oversold), MFI OB, MFI OS, along with the exact value.
Important: The labels remain on the chart as long as the condition holds (indicator is above/below the level), unlike alerts which mark a singular crossover event.
Plotting of Key Values:
The indicator plots six invisible series on the chart, primarily to allow the user to view the exact numerical values of:
- The upper and lower bounds of the External Range (External High, External Low).
- The upper and lower bounds of the Internal Range (Internal High, Internal Low).
- The calculated RSI and MFI values (RSI, MFI).
These values are accessible for viewing through TradingView's Data Window and also via the Status Line when hovering over the relevant candle. This enables more precise quantitative analysis of range levels and momentum.
6. Comprehensive Breakout Alerts
The "Range Breakout " indicator provides 12 distinct alert conditions for breakouts, allowing you to select the required level of confirmation for each alert. All alerts are triggered only upon a fully confirmed bar close (barstate.isconfirmed) to minimize false signals and ensure reliability.
All breakout alerts are configured to detect a Crossover/Crossunder of the levels, meaning a specific event where the price moves from one side of the range to the other.
External Range Breakout UP
- Close: Price closes above the External Range.
- Real Body: The entire "real body" of the candle (min of open/close prices) closes above the External Range.
- Full Candle: The entire candle (the lowest point of the candle) closes above the External Range.
External Range Breakout DOWN
- Close: Price closes below the External Range.
- Real Body: The entire "real body" of the candle (max of open/close prices) closes below the External Range.
- Full Candle: The entire candle (the highest point of the candle) closes below the External Range.
Internal Range Breakout UP
- Close: Price closes above the Internal Range.
- Real Body: The "real body" of the candle closes above the Internal Range.
- Full Candle: The entire candle closes above the Internal Range.
Internal Range Breakout DOWN
- Close: Price closes below the Internal Range.
- Real Body: The "real body" of the candle closes below the Internal Range.
- Full Candle: The entire candle closes below the Internal Range.
7. Ideal Use Cases
This indicator is ideal for traders who:
Want to clearly identify and monitor price consolidation zones.
Seek confirmation for breakout strategies across various timeframes.
Require reliable and automated alerts for potential entry or exit points based on range expansion.
8. Complementary Indicator
For even more comprehensive market analysis, we highly recommend using this indicator in conjunction with Market Structure Support & Resistance External/Internal & BoS .
This powerful complementary indicator automatically and accurately identifies significant support and resistance levels by locating high and low pivot points, as well as key Pre-Market High/Low levels. Its strength lies in its dynamic adaptability to any timeframe and asset, providing precise and relevant real-time levels while maintaining a clean chart. It also identifies Break of Structure (BoS) to signal potential trend changes or continuations.
Using both indicators together provides a robust framework for identifying defined ranges and potential trend shifts, enabling more informed trading decisions.
View Market Structure Support & Resistance External/Internal & BoS Indicator
9. Important Note: Trading Risk
This indicator is intended for educational and informational purposes only and does not constitute investment advice or a recommendation for trading in any form whatsoever.
Trading in financial markets involves significant risk of capital loss. It is important to remember that past performance is not indicative of future results. All trading decisions are your sole responsibility. Never trade with money you cannot afford to lose.
Multi SMA AnalyzerMulti SMA Analyzer with Custom SMA Table & Advanced Session Logic
A feature-rich SMA analysis suite for traders, offering up to 7 configurable SMAs, in-depth trend detection, real-time table, and true session-aware calculations.
Ideal for those who want to combine intraday, swing, and higher-timeframe trend analysis with maximum chart flexibility.
Key Features
📊 Multi-SMA Overlay
- 7 SMAs (default: 5, 20, 50, 100, 200, 21, 34)—individually configurable (period, source, color, line style)
- Show/hide each SMA, custom line style (solid, stepline, circles), and color logic
- Dynamic color: full opacity above SMA, reduced when below
⏰ Session-Aware SMAs
- Each SMA can be calculated using only user-defined session hours/days/timezone
- “Ignore extended hours” option for accurate intraday trend
📋 Smart Data Table
- Live SMA values, % distance from price, and directional arrows (↑/↓/→)
- Bull/Bear/Sideways trend classification
- Custom table position, size, colors, transparency
- Table can run on chart or custom (higher) timeframe for multi-TF analysis
🎯 Golden/Death Cross Detection
- Flexible crossover engine: select any two from (5, 10, 20, 50, 100, 200) for fast/slow SMA cross signals
- Plots icons (★ Golden, 💀 Death), optional crossover labels with custom size/colors
🏷️ SMA Labels
- Optional on-chart SMA period labels
- Custom placement (above/below/on line), size, color, offset
🚨 Signal & Trend Engine
- Bull/Bear/Sideways logic: price vs. multiple SMAs (not just one pair)
- Volume spike detection (2x 20-period SMA)
- Bullish engulfing candlestick detection
- All signals can use chart or custom table timeframe
🎨 Visual Customization
- Dynamic background color (Bull: green, Bear: red, Neutral: gray)
- Every visual aspect is customizable: label/table colors, transparency, size, position
🔔 Built-in Alerts
- Crossovers (SMA20/50, Golden/Death)
- Bull trend, volume spikes, engulfing pattern—all alert-ready
How It Works
- Session Filtering:
- SMAs can be set to count only bars from your chosen market session, for true intraday/trading-hour signals
Dynamic Table & Signals:
- Table and all signal logic run on your selected chart or custom timeframe
Flexible Crossover:
- Choose any pair (5, 10, 20, 50, 100, 200) for cross detection—SMA 10 is available for crossover even if not shown as an SMA line
Everything is modular:
- Toggle features, set visuals, and alerts to your workflow
🚨 How to Use Alerts
- All key signals (crossovers, trend shifts, volume spikes, engulfing patterns) are available as alert conditions.
To enable:
- Click the “Alerts” (clock) icon at the top of TradingView.
- Select your desired signal (e.g., “Golden Cross”) from the condition dropdown.
- Set your alert preferences and create the alert.
- Now, you’ll get notified automatically whenever a signal occurs!
Perfect For
- Multi-timeframe and swing traders seeking higher timeframe SMA confirmation
- Intraday traders who want to ignore pre/post-market data
- Anyone wanting a modern, powerful, fully customizable multi-SMA overlay
// P.S: Experiment with Golden Cross where Fast SMA is 5 and Slow SMA is 20.
// Set custom timeframe for 4 hr while monitoring your chart on 15 min time frame.
// Enable Background Color and Use Table Timeframe for Background.
// Uncheck Pine labels in Style tab.
Clean, open-source, and loaded with pro features—enjoy!
Like, share, and let me know if you'd like any new features added.
GX Credit Spread SignalThe GX Credit Spread Signal is an advanced indicator designed for traders who trade options strategies on the SPX index, especially using vertical credit spreads. It combines traditional technical analysis with volatility and option pricing concepts to provide relevant signals and projections on the chart.
Main features:
Trend analysis: Uses opening gap, position relative to VWAP and simple moving average (SMA 50) to indicate bullish or bearish bias right after the first 15-minute candle.
Safe range projection: Calculates a range based on the ATR (Average True Range) multiplied by a safety factor, suggesting potential strikes for credit spreads.
Quantitative estimates:
Calculates the estimated delta of options via the Black-Scholes formula approximation.
Estimated probability of expiring out of the money (OTM).
Chart visualizations: Displays projected ATR lines, previous day's levels (high, low, close) and an informative panel with strikes, delta, OTM probability, ATR and VWAP data.
Configurable alerts: Notifications for detected bullish or bearish bias, helping the trader to identify opportunities quickly.
This indicator is ideal for those who day trade with SPX options, facilitating decision-making by combining technical analysis, volatility and option probabilities in one place.
Candles by Day, Time, Month + StatsThis Pine Script allows you to filter and display candles based on:
📅 Specific days of the week
🕒 Custom intraday time ranges (e.g., 9:15 to 10:30)
📆 Selected months
📊 Shows stats for each filtered block:
🔼 Range (High – Low)
📏 Average candle body size
⚙️ Key Features:
✅ Filter by day, time, and month
🎛 Toggle to show/hide the stats label
🟩 Candles are drawn only for selected conditions
📍 Stats label is positioned above session high (adjustable)
⚠️ Important Setup Instructions:
✅ 1. Use it on a blank chart
To avoid overlaying with default candles:
Open the chart of your preferred symbol
Click on the chart type (top toolbar: "Candles", "Bars", etc.)
Select "Blank" from the dropdown (this will hide all native candles)
Apply this indicator
This ensures only the filtered candles from the script are visible.
Adjust for your local timezone
This script uses a hardcoded timezone: "Asia/Kolkata"
If you are in a different timezone, change it to your own (e.g. "America/New_York", "Europe/London", etc.) in all instances of:
time(timeframe.period, "Asia/Kolkata")
timestamp("Asia/Kolkata", ...)
Use Cases:
Opening range behavior on specific weekdays/months
Detecting market anomalies during exact windows
Building visual logs of preferred trade hours
Advanced Currency Strength Meter# Advanced Currency Strength Meter (ACSM)
The Advanced Currency Strength Meter (ACSM) is a scientifically-based indicator that measures relative currency strength using established academic methodologies from international finance and behavioral economics. This indicator provides traders with a comprehensive view of currency market dynamics through multiple analytical frameworks.
### Theoretical Foundation
#### 1. Purchasing Power Parity (PPP) Theory
Based on Cassel's (1918) seminal work and refined by Froot & Rogoff (1995), PPP suggests that exchange rates should reflect relative price levels between countries. The ACSM momentum component captures deviations from long-term equilibrium relationships, providing insights into currency misalignments.
#### 2. Uncovered Interest Rate Parity (UIP) and Carry Trade Theory
Building on Fama (1984) and Lustig et al. (2007), the indicator incorporates volatility-adjusted momentum to capture carry trade flows and interest rate differentials that drive currency strength. This approach helps identify currencies benefiting from interest rate differentials.
#### 3. Behavioral Finance and Currency Momentum
Following Burnside et al. (2011) and Menkhoff et al. (2012), the model recognizes that currency markets exhibit persistent momentum effects due to behavioral biases and institutional flows. The indicator captures these momentum patterns for trading opportunities.
#### 4. Portfolio Balance Theory
Based on Branson & Henderson (1985), the relative strength matrix captures how portfolio rebalancing affects currency cross-rates and creates trading opportunities between different currency pairs.
### Technical Implementation
#### Core Methodologies:
- **Z-Score Normalization**: Following Sharpe (1994), provides statistical significance testing without arbitrary scaling
- **Momentum Analysis**: Uses return-based metrics (Jegadeesh & Titman, 1993) for trend identification
- **Volatility Adjustment**: Implements Average True Range methodology (Wilder, 1978) for risk-adjusted strength
- **Composite Scoring**: Equal-weight methodology to avoid overfitting and maintain robustness
- **Correlation Analysis**: Risk management framework based on Markowitz (1952) portfolio theory
#### Key Features:
- **Multi-Source Data Integration**: Supports OANDA, Futures, and CFD data sources
- **Scientific Methodology**: No arbitrary scaling or curve-fitting; all calculations based on established statistical methods
- **Comprehensive Dashboard**: Clean, professional table showing currency strengths and best trading pairs
- **Alert System**: Automated notifications for strong/weak currency conditions and extreme values
- **Best Pair Identification**: Algorithmic detection of highest-potential trading opportunities
### Practical Applications
#### For Swing Traders:
- Identify currencies in strong uptrends or downtrends
- Select optimal currency pairs based on relative strength divergence
- Time entries based on momentum convergence/divergence
#### For Day Traders:
- Use with real-time futures data for intraday opportunities
- Monitor currency correlations for risk management
- Detect early reversal signals through extreme value alerts
#### For Portfolio Managers:
- Multi-currency exposure analysis
- Risk management through correlation monitoring
- Strategic currency allocation decisions
### Visual Design
The indicator features a clean, professional dashboard that displays:
- **Currency Strength Values**: Each major currency (EUR, GBP, JPY, CHF, AUD, CAD, NZD, USD) with color-coded strength values
- **Best Trading Pairs**: Filtered list of highest-potential currency pairs with BUY/SELL signals
- **Market Analysis**: Real-time identification of strongest and weakest currencies
- **Potential Score**: Quantitative measure of trading opportunity strength
### Data Sources and Latency
The indicator supports multiple data sources to accommodate different trading needs:
- **OANDA (Delayed)**: Free data with 15-20 minute delay, suitable for swing trading
- **Futures (Real-time)**: CME currency futures for real-time analysis
- **CFDs**: Alternative real-time data source option
### Mathematical Framework
#### Strength Calculation:
Momentum = (Price - Price ) / Price * 100
Z-Score = (Price - Mean) / Standard Deviation
Volatility-Adjusted = Momentum / ATR-based Volatility
Composite = 0.5 * Momentum + 0.3 * Z-Score + 0.2 * Volatility-Adjusted
#### USD Strength Derivation:
USD strength is calculated as the weighted average of all USD-based pairs, providing a true baseline for relative strength comparison.
### Performance Considerations
The indicator is optimized for:
- **Computational Efficiency**: Uses Pine Script v6 best practices
- **Memory Management**: Appropriate lookback periods and array handling
- **Visual Clarity**: Clean table design optimized for both light and dark themes
- **Alert Reliability**: Robust signal generation with statistical significance testing
### Limitations and Risk Disclosure
- Model performance may vary during extreme market stress (Black Swan events)
- Requires stable data feeds for accurate calculations
- Not optimized for high-frequency scalping strategies
- Central bank interventions may temporarily distort signals
- Performance assumes normal market conditions with behavioral adjustments
### Academic References
- Branson, W. H., & Henderson, D. W. (1985). "The Specification and Influence of Asset Markets"
- Burnside, C., Eichenbaum, M., & Rebelo, S. (2011). "Carry Trade and Momentum in Currency Markets"
- Cassel, G. (1918). "Abnormal Deviations in International Exchanges"
- Fama, E. F. (1984). "Forward and Spot Exchange Rates"
- Froot, K. A., & Rogoff, K. (1995). "Perspectives on PPP and Long-Run Real Exchange Rates"
- Jegadeesh, N., & Titman, S. (1993). "Returns to Buying Winners and Selling Losers"
- Lustig, H., Roussanov, N., & Verdelhan, A. (2007). "Common Risk Factors in Currency Markets"
- Markowitz, H. (1952). "Portfolio Selection"
- Menkhoff, L., Sarno, L., Schmeling, M., & Schrimpf, A. (2012). "Carry Trades and Global FX Volatility"
- Sharpe, W. F. (1994). "The Sharpe Ratio"
- Wilder, J. W. (1978). "New Concepts in Technical Trading Systems"
### Usage Instructions
1. **Setup**: Add the indicator to your chart and select your preferred data source
2. **Currency Selection**: Choose which currencies to analyze (default: all major currencies)
3. **Methodology**: Select calculation method (Composite recommended for most users)
4. **Monitoring**: Watch the dashboard for strength changes and best pair opportunities
5. **Alerts**: Set up notifications for strong/weak currency conditions
Trend Tracker ProTrend Tracker Pro - Advanced Trend Following Indicator
Overview
Trend Tracker Pro is a sophisticated trend-following indicator that combines the power of Exponential Moving Average (EMA) and Average True Range (ATR) to identify market trends and generate precise buy/sell signals. This indicator is designed to help traders capture trending moves while filtering out market noise.
🎯 Key Features
✅ Dynamic Trend Detection
Uses EMA and ATR-based bands to identify trend direction
Automatically adjusts to market volatility
Clear visual trend line that changes color based on market direction
✅ Precise Signal Generation
Buy signals when trend changes to bullish
Sell signals when trend changes to bearish
Reduces false signals by requiring actual trend changes
✅ Visual Clarity
Green trend line: Bullish trend
Red trend line: Bearish trend
Gray trend line: Sideways/neutral trend
Triangle arrows for buy/sell signals
Clear BUY/SELL text labels
✅ Customizable Settings
Trend Length: Adjustable period for EMA and ATR calculation (default: 14)
ATR Multiplier: Controls sensitivity of trend bands (default: 2.0)
Show/Hide Signals: Toggle signal arrows on/off
Show/Hide Labels: Toggle text labels on/off
✅ Built-in Information Panel
Real-time trend direction display
Current trend level value
ATR value for volatility reference
Last signal information
✅ TradingView Alerts
Buy signal alerts
Sell signal alerts
Customizable alert messages
🔧 How It Works
Algorithm Logic:
1.
Calculate EMA: Uses exponential moving average for trend baseline
2.
Calculate ATR: Measures market volatility
3.
Create Bands: Upper band = EMA + (ATR × Multiplier), Lower band = EMA - (ATR × Multiplier)
4.
Determine Trend:
Price above upper band → Bullish trend (trend line = lower band)
Price below lower band → Bearish trend (trend line = upper band)
Price between bands → Continue previous trend
5.
Generate Signals: Signal occurs when trend direction changes
📊 Best Use Cases
✅ Trending Markets
Excellent for capturing strong directional moves
Works well in both bull and bear markets
Ideal for swing trading and position trading
✅ Multiple Timeframes
Effective on all timeframes from 15 minutes to daily
Higher timeframes provide more reliable signals
Can be used for both scalping and long-term investing
✅ Various Asset Classes
Stocks, Forex, Cryptocurrencies, Commodities
Particularly effective in volatile markets
Adapts automatically to different volatility levels
⚙️ Recommended Settings
Conservative Trading (Lower Risk)
Trend Length: 20
ATR Multiplier: 2.5
Best for: Long-term positions, lower frequency signals
Balanced Trading (Default)
Trend Length: 14
ATR Multiplier: 2.0
Best for: Swing trading, moderate frequency signals
Aggressive Trading (Higher Risk)
Trend Length: 10
ATR Multiplier: 1.5
Best for: Day trading, higher frequency signals
🎨 Visual Elements
Trend Line: Main indicator line that follows the trend
Signal Arrows: Triangle shapes indicating buy/sell points
Text Labels: Clear "BUY" and "SELL" text markers
Information Table: Real-time status panel in top-right corner
Color Coding: Intuitive green/red color scheme
⚠️ Important Notes
Risk Management
Always use proper position sizing
Set stop-losses based on ATR values
Consider market conditions and volatility
Not recommended for ranging/sideways markets
Signal Confirmation
Consider using with other indicators for confirmation
Pay attention to volume and market structure
Be aware of major news events and market sessions
Backtesting Recommended
Test the indicator on historical data
Optimize parameters for your specific trading style
Consider transaction costs in your analysis
Logarithmic Moving Average (LMA) [QuantAlgo]🟢 Overview
The Logarithmic Moving Average (LMA) uses advanced logarithmic weighting to create a dynamic trend-following indicator that prioritizes recent price action while maintaining statistical significance. Unlike traditional moving averages that use linear or exponential weights, this indicator employs logarithmic decay functions to create a more sophisticated price averaging system that adapts to market volatility and momentum conditions.
The indicator displays a smoothed signal line that oscillates around zero, with positive values indicating bullish momentum and negative values indicating bearish momentum. The signal incorporates trend quality assessment, momentum confirmation, and multiple filtering mechanisms to help traders and investors identify trend continuation and reversal opportunities across different timeframes and asset classes.
🟢 How It Works
The indicator's core innovation lies in its logarithmic weighting system, where weights are calculated using the formula: w = 1.0 / math.pow(math.log(i + steepness), 2) The steepness parameter controls how aggressively recent data is prioritized over historical data, creating a dynamic weight decay that can be fine-tuned for different trading styles. This logarithmic approach provides more nuanced weight distribution compared to exponential moving averages, offering better responsiveness while maintaining stability.
The LMA calculation combines multiple sophisticated components. First, it calculates the logarithmic weighted average of closing prices. Then it measures the slope of this average over a 10-period lookback: lmaSlope = (lma - lma ) / lma * 100 The system also incorporates trend quality assessment using R-squared correlation analysis of log-transformed prices, measuring how well the price data fits a linear trend model over the specified period.
The final signal generation uses the formula: signal = lmaSlope * (0.5 + rSquared * 0.5) which combines the LMA slope with trend quality weighting. When momentum confirmation is enabled, the indicator calculates annualized log-return momentum and applies a multiplier when the momentum direction aligns with the signal direction, strengthening confirmed signals while filtering out weak or counter-trend movements.
🟢 How to Use
1. Signal Interpretation and Threshold Zones
Positive Values (Above Zero): LMA slope indicating bullish momentum with upward price trajectory relative to logarithmic baseline
Negative Values (Below Zero): LMA slope indicating bearish momentum with downward price trajectory relative to logarithmic baseline
Zero Line Crosses: Signal transitions between bullish and bearish regimes, indicating potential trend changes
Long Entry Threshold Zone: Area above positive threshold (default 0.5) indicating confirmed bullish signals suitable for long positions
Short Entry Threshold Zone: Area below negative threshold (default -0.5) indicating confirmed bearish signals suitable for short positions
Extreme Values: Signals exceeding ±1.0 represent strong momentum conditions with higher probability of continuation
2. Momentum Confirmation and Visual Analysis
Signal Color Intensity: Gradient coloring shows signal strength, with brighter colors indicating stronger momentum
Bar Coloring: Optional price bar coloring matches signal direction for quick visual trend identification
Position Labels: Real-time position classification (Bullish/Bearish/Neutral) displayed on the latest bar
Momentum Weight Factor: When short-term log-return momentum aligns with LMA signal direction, the signal receives additional weight confirmation
Trend Quality Component: R-squared values weight the signal strength, with higher correlation indicating more reliable trend conditions
3. Examples: Preconfigured Settings
Default: Universally applicable configuration balanced for medium-term investing and general trading across multiple timeframes and asset classes.
Scalping: Highly responsive setup with shorter period and higher steepness for ultra-short-term trades on 1-15 minute charts, optimized for quick momentum shifts.
Swing Trading: Extended period with moderate steepness and increased smoothing for multi-day positions, designed to filter noise while capturing larger price swings on 1-4 hour and daily charts.
Trend Following: Maximum smoothing with lower steepness for established trend identification, generating fewer but more reliable signals optimal for daily and weekly timeframes.
Mean Reversion: Shorter period with high steepness for counter-trend strategies, more sensitive to extreme moves and reversal opportunities in ranging market conditions.
Aetherium Institutional Market Resonance EngineAetherium Institutional Market Resonance Engine (AIMRE)
A Three-Pillar Framework for Decoding Institutional Activity
🎓 THEORETICAL FOUNDATION
The Aetherium Institutional Market Resonance Engine (AIMRE) is a multi-faceted analysis system designed to move beyond conventional indicators and decode the market's underlying structure as dictated by institutional capital flow. Its philosophy is built on a singular premise: significant market moves are preceded by a convergence of context , location , and timing . Aetherium quantifies these three dimensions through a revolutionary three-pillar architecture.
This system is not a simple combination of indicators; it is an integrated engine where each pillar's analysis feeds into a central logic core. A signal is only generated when all three pillars achieve a state of resonance, indicating a high-probability alignment between market organization, key liquidity levels, and cyclical momentum.
⚡ THE THREE-PILLAR ARCHITECTURE
1. 🌌 PILLAR I: THE COHERENCE ENGINE (THE 'CONTEXT')
Purpose: To measure the degree of organization within the market. This pillar answers the question: " Is the market acting with a unified purpose, or is it chaotic and random? "
Conceptual Framework: Institutional campaigns (accumulation or distribution) create a non-random, organized market environment. Retail-driven or directionless markets are characterized by "noise" and chaos. The Coherence Engine acts as a filter to ensure we only engage when institutional players are actively steering the market.
Formulaic Concept:
Coherence = f(Dominance, Synchronization)
Dominance Factor: Calculates the absolute difference between smoothed buying pressure (volume-weighted bullish candles) and smoothed selling pressure (volume-weighted bearish candles), normalized by total pressure. A high value signifies a clear winner between buyers and sellers.
Synchronization Factor: Measures the correlation between the streams of buying and selling pressure over the analysis window. A high positive correlation indicates synchronized, directional activity, while a negative correlation suggests choppy, conflicting action.
The final Coherence score (0-100) represents the percentage of market organization. A high score is a prerequisite for any signal, filtering out unpredictable market conditions.
2. 💎 PILLAR II: HARMONIC LIQUIDITY MATRIX (THE 'LOCATION')
Purpose: To identify and map high-impact institutional footprints. This pillar answers the question: " Where have institutions previously committed significant capital? "
Conceptual Framework: Large institutional orders leave indelible marks on the market in the form of anomalous volume spikes at specific price levels. These are not random occurrences but are areas of intense historical interest. The Harmonic Liquidity Matrix finds these footprints and consolidates them into actionable support and resistance zones called "Harmonic Nodes."
Algorithmic Process:
Footprint Identification: The engine scans the historical lookback period for candles where volume > average_volume * Institutional_Volume_Filter. This identifies statistically significant volume events.
Node Creation: A raw node is created at the mean price of the identified candle.
Dynamic Clustering: The engine uses an ATR-based proximity algorithm. If a new footprint is identified within Node_Clustering_Distance (ATR) of an existing Harmonic Node, it is merged. The node's price is volume-weighted, and its magnitude is increased. This prevents chart clutter and consolidates nearby institutional orders into a single, more significant level.
Node Decay: Nodes that are older than the Institutional_Liquidity_Scanback period are automatically removed from the chart, ensuring the analysis remains relevant to recent market dynamics.
3. 🌊 PILLAR III: CYCLICAL RESONANCE MATRIX (THE 'TIMING')
Purpose: To identify the market's dominant rhythm and its current phase. This pillar answers the question: " Is the market's immediate energy flowing up or down? "
Conceptual Framework: Markets move in waves and cycles of varying lengths. Trading in harmony with the current cyclical phase dramatically increases the probability of success. Aetherium employs a simplified wavelet analysis concept to decompose price action into short, medium, and long-term cycles.
Algorithmic Process:
Cycle Decomposition: The engine calculates three oscillators based on the difference between pairs of Exponential Moving Averages (e.g., EMA8-EMA13 for short cycle, EMA21-EMA34 for medium cycle).
Energy Measurement: The 'energy' of each cycle is determined by its recent volatility (standard deviation). The cycle with the highest energy is designated as the "Dominant Cycle."
Phase Analysis: The engine determines if the dominant cycles are in a bullish phase (rising from a trough) or a bearish phase (falling from a peak).
Cycle Sync: The highest conviction timing signals occur when multiple cycles (e.g., short and medium) are synchronized in the same direction, indicating broad-based momentum.
🔧 COMPREHENSIVE INPUT SYSTEM
Pillar I: Market Coherence Engine
Coherence Analysis Window (10-50, Default: 21): The lookback period for the Coherence Engine.
Lower Values (10-15): Highly responsive to rapid shifts in market control. Ideal for scalping but can be sensitive to noise.
Balanced (20-30): Excellent for day trading, capturing the ebb and flow of institutional sessions.
Higher Values (35-50): Smoother, more stable reading. Best for swing trading and identifying long-term institutional campaigns.
Coherence Activation Level (50-90%, Default: 70%): The minimum market organization required to enable signal generation.
Strict (80-90%): Only allows signals in extremely clear, powerful trends. Fewer, but potentially higher quality signals.
Standard (65-75%): A robust filter that effectively removes choppy conditions while capturing most valid institutional moves.
Lenient (50-60%): Allows signals in less-organized markets. Can be useful in ranging markets but may increase false signals.
Pillar II: Harmonic Liquidity Matrix
Institutional Liquidity Scanback (100-400, Default: 200): How far back the engine looks for institutional footprints.
Short (100-150): Focuses on recent institutional activity, providing highly relevant, immediate levels.
Long (300-400): Identifies major, long-term structural levels. These nodes are often extremely powerful but may be less frequent.
Institutional Volume Filter (1.3-3.0, Default: 1.8): The multiplier for detecting a volume spike.
High (2.5-3.0): Only registers climactic, undeniable institutional volume. Fewer, but more significant nodes.
Low (1.3-1.7): More sensitive, identifying smaller but still relevant institutional interest.
Node Clustering Distance (0.2-0.8 ATR, Default: 0.4): The ATR-based distance for merging nearby nodes.
High (0.6-0.8): Creates wider, more consolidated zones of liquidity.
Low (0.2-0.3): Creates more numerous, precise, and distinct levels.
Pillar III: Cyclical Resonance Matrix
Cycle Resonance Analysis (30-100, Default: 50): The lookback for determining cycle energy and dominance.
Short (30-40): Tunes the engine to faster, shorter-term market rhythms. Best for scalping.
Long (70-100): Aligns the timing component with the larger primary trend. Best for swing trading.
Institutional Signal Architecture
Signal Quality Mode (Professional, Elite, Supreme): Controls the strictness of the three-pillar confluence.
Professional: Loosest setting. May generate signals if two of the three pillars are in strong alignment. Increases signal frequency.
Elite: Balanced setting. Requires a clear, unambiguous resonance of all three pillars. The recommended default.
Supreme: Most stringent. Requires perfect alignment of all three pillars, with each pillar exhibiting exceptionally strong readings (e.g., coherence > 85%). The highest conviction signals.
Signal Spacing Control (5-25, Default: 10): The minimum bars between signals to prevent clutter and redundant alerts.
🎨 ADVANCED VISUAL SYSTEM
The visual architecture of Aetherium is designed not merely for aesthetics, but to provide an intuitive, at-a-glance understanding of the complex data being processed.
Harmonic Liquidity Nodes: The core visual element. Displayed as multi-layered, semi-transparent horizontal boxes.
Magnitude Visualization: The height and opacity of a node's "glow" are proportional to its volume magnitude. More significant nodes appear brighter and larger, instantly drawing the eye to key levels.
Color Coding: Standard nodes are blue/purple, while exceptionally high-magnitude nodes are highlighted in an accent color to denote critical importance.
🌌 Quantum Resonance Field: A dynamic background gradient that visualizes the overall market environment.
Color: Shifts from cool blues/purples (low coherence) to energetic greens/cyans (high coherence and organization), providing instant context.
Intensity: The brightness and opacity of the field are influenced by total market energy (a composite of coherence, momentum, and volume), making powerful market states visually apparent.
💎 Crystalline Lattice Matrix: A geometric web of lines projected from a central moving average.
Mathematical Basis: Levels are projected using multiples of the Golden Ratio (Phi ≈ 1.618) and the ATR. This visualizes the natural harmonic and fractal structure of the market. It is not arbitrary but is based on mathematical principles of market geometry.
🧠 Synaptic Flow Network: A dynamic particle system visualizing the engine's "thought process."
Node Density & Activation: The number of particles and their brightness/color are tied directly to the Market Coherence score. In high-coherence states, the network becomes a dense, bright, and organized web. In chaotic states, it becomes sparse and dim.
⚡ Institutional Energy Waves: Flowing sine waves that visualize market volatility and rhythm.
Amplitude & Speed: The height and speed of the waves are directly influenced by the ATR and volume, providing a feel for market energy.
📊 INSTITUTIONAL CONTROL MATRIX (DASHBOARD)
The dashboard is the central command console, providing a real-time, quantitative summary of each pillar's status.
Header: Displays the script title and version.
Coherence Engine Section:
State: Displays a qualitative assessment of market organization: ◉ PHASE LOCK (High Coherence), ◎ ORGANIZING (Moderate Coherence), or ○ CHAOTIC (Low Coherence). Color-coded for immediate recognition.
Power: Shows the precise Coherence percentage and a directional arrow (↗ or ↘) indicating if organization is increasing or decreasing.
Liquidity Matrix Section:
Nodes: Displays the total number of active Harmonic Liquidity Nodes currently being tracked.
Target: Shows the price level of the nearest significant Harmonic Node to the current price, representing the most immediate institutional level of interest.
Cycle Matrix Section:
Cycle: Identifies the currently dominant market cycle (e.g., "MID ") based on cycle energy.
Sync: Indicates the alignment of the cyclical forces: ▲ BULLISH , ▼ BEARISH , or ◆ DIVERGENT . This is the core timing confirmation.
Signal Status Section:
A unified status bar that provides the final verdict of the engine. It will display "QUANTUM SCAN" during neutral periods, or announce the tier and direction of an active signal (e.g., "◉ TIER 1 BUY ◉" ), highlighted with the appropriate color.
🎯 SIGNAL GENERATION LOGIC
Aetherium's signal logic is built on the principle of strict, non-negotiable confluence.
Condition 1: Context (Coherence Filter): The Market Coherence must be above the Coherence Activation Level. No signals can be generated in a chaotic market.
Condition 2: Location (Liquidity Node Interaction): Price must be actively interacting with a significant Harmonic Liquidity Node.
For a Buy Signal: Price must be rejecting the Node from below (testing it as support).
For a Sell Signal: Price must be rejecting the Node from above (testing it as resistance).
Condition 3: Timing (Cycle Alignment): The Cyclical Resonance Matrix must confirm that the dominant cycles are synchronized with the intended trade direction.
Signal Tiering: The Signal Quality Mode input determines how strictly these three conditions must be met. 'Supreme' mode, for example, might require not only that the conditions are met, but that the Market Coherence is exceptionally high and the interaction with the Node is accompanied by a significant volume spike.
Signal Spacing: A final filter ensures that signals are spaced by a minimum number of bars, preventing over-alerting in a single move.
🚀 ADVANCED TRADING STRATEGIES
The Primary Confluence Strategy: The intended use of the system. Wait for a Tier 1 (Elite/Supreme) or Tier 2 (Professional/Elite) signal to appear on the chart. This represents the alignment of all three pillars. Enter after the signal bar closes, with a stop-loss placed logically on the other side of the Harmonic Node that triggered the signal.
The Coherence Context Strategy: Use the Coherence Engine as a standalone market filter. When Coherence is high (>70%), favor trend-following strategies. When Coherence is low (<50%), avoid new directional trades or favor range-bound strategies. A sharp drop in Coherence during a trend can be an early warning of a trend's exhaustion.
Node-to-Node Trading: In a high-coherence environment, use the Harmonic Liquidity Nodes as both entry points and profit targets. For example, after a BUY signal is generated at one Node, the next Node above it becomes a logical first profit target.
⚖️ RESPONSIBLE USAGE AND LIMITATIONS
Decision Support, Not a Crystal Ball: Aetherium is an advanced decision-support tool. It is designed to identify high-probability conditions based on a model of institutional behavior. It does not predict the future.
Risk Management is Paramount: No indicator can replace a sound risk management plan. Always use appropriate position sizing and stop-losses. The signals provided are probabilistic, not certainties.
Past Performance Disclaimer: The market models used in this script are based on historical data. While robust, there is no guarantee that these patterns will persist in the future. Market conditions can and do change.
Not a "Set and Forget" System: The indicator performs best when its user understands the concepts behind the three pillars. Use the dashboard and visual cues to build a comprehensive view of the market before acting on a signal.
Backtesting is Essential: Before applying this tool to live trading, it is crucial to backtest and forward-test it on your preferred instruments and timeframes to understand its unique behavior and characteristics.
🔮 CONCLUSION
The Aetherium Institutional Market Resonance Engine represents a paradigm shift from single-variable analysis to a holistic, multi-pillar framework. By quantifying the abstract concepts of market context, location, and timing into a unified, logical system, it provides traders with an unprecedented lens into the mechanics of institutional market operations.
It is not merely an indicator, but a complete analytical engine designed to foster a deeper understanding of market dynamics. By focusing on the core principles of institutional order flow, Aetherium empowers traders to filter out market noise, identify key structural levels, and time their entries in harmony with the market's underlying rhythm.
"In all chaos there is a cosmos, in all disorder a secret order." - Carl Jung
— Dskyz, Trade with insight. Trade with confluence. Trade with Aetherium.
Options Strategy V1.3📈 Options Strategy V1.3 — EMA Crossover + RSI + ATR + Opening Range
Overview:
This strategy is designed for short-term directional trades on large-cap stocks or ETFs, especially when trading options. It combines classic trend-following signals with momentum confirmation, volatility-based risk management, and session timing filters to help identify high-probability entries with predefined stop-loss and profit targets.
🔍 Strategy Components:
EMA Crossover (Fast/Slow)
Entry signals are triggered by the crossover of a short EMA above or below a long EMA — a traditional trend-following method to detect shifts in momentum.
RSI Filter
RSI confirms the signal by avoiding entries in overbought/oversold zones unless certain momentum conditions are met.
Long entry requires RSI ≥ Long Threshold
Short entry requires RSI ≤ Short Threshold
ATR-Based SL & TP
Stop-loss is set dynamically as a multiple of ATR below (long) or above (short) the entry price.
Take-profit is placed as a ratio (TP/SL) of the stop distance, ensuring consistent reward/risk structure.
Opening Range Filter (Optional)
If enabled, the strategy only triggers trades after price breaks out of the 09:30–09:45 EST range, ensuring participation in directional moves.
Session Filters
No trades from 04:00 to 09:30 and from 16:00 to 20:00 EST, avoiding low-liquidity periods.
All open trades are closed at 15:55 EST, to avoid overnight risk or expiration issues for options.
⚙️ Built-in Presets:
You can choose one of the built-in ticker-specific presets for optimal conditions:
Ticker EMAs RSI (Long/Short) ATR SL×ATR TP/SL
SPY 8/28 56 / 26 14 1.4× 4.0×
TSLA 23/27 56 / 33 13 1.4× 3.6×
AAPL 6/13 61 / 26 23 1.4× 2.1×
MSFT 25/32 54 / 26 14 1.2× 2.2×
META 25/32 53 / 26 17 1.8× 2.3×
AMZN 28/32 55 / 25 16 1.8× 2.3×
You can also choose "Custom" to fully configure all parameters to your own market and strategy preferences.
📌 Best Use Case:
This strategy is especially suited for intraday options trading, where timing and risk control are critical. It works best on liquid tickers with strong trends or clear breakout behavior.
Open Range Breakout (ORB) with Alerts
🚀 ChartsAlgo – Open Range Breakout (ORB) with Alerts
The Open Range Breakout (ORB) Indicator by ChartsAlg is designed for intraday traders looking to capitalize on price movements after the market’s opening range. This tool is especially effective for futures (MNQ, MES) and high-volatility stocks or crypto where initial volatility sets the tone for the session.
This indicator identifies a user-defined opening range window, plots the high/low lines of that range, and visually alerts users when price breaks out above or below the range — with options to customize breakout repetitions, background fill, and alerts.
💡 What is an Open Range Breakout (ORB)?
The opening range represents the high and low established during the first few minutes of the trading session — usually 15 or 30 minutes. Many intraday strategies are based on the idea that breaking out of this initial range often signals strong momentum and trend continuation.
Traders often enter:
Long when price breaks above the range high.
Short when price breaks below the range low.
⚙️ How It Works
You define a session window (e.g., 09:30–09:45 EST).
The indicator tracks the high and low during this time.
Once the session ends, the high and low become your range breakout levels.
The indicator then:
Plots lines for visual clarity
Optionally fills background between the range
Triggers breakout signals if price crosses the levels
Provides alerts when breakouts occur
🛠️ Settings Breakdown
🔹 Session Settings
Range Session: Set your preferred window (e.g., 0930–0945). Can be premarket, first 30 mins, or any custom time.
Time zone: Use "America/New York" for EST (default) or change to "GMT+0" for international traders.
🔹 Breakout Settings
Bullish Breakout Signals: Number of allowed breakout alerts above the range.
Bearish Breakout Signals: Number of allowed breakout alerts below the range.
This prevents repeated alerts once breakout has been confirmed.
🔹 Display Settings
Show Background Fill: Fills area between high/low of the range for easier visual analysis.
Show Breakout Signals: Triangle markers plotted on the chart when breakouts happen.
Only Show Today’s Range: Keeps the chart clean by showing only the most current day’s range.
🔹 Color Settings
Range High/Low Line Colors: Choose any color for clarity.
Range Fill Color: Customize the highlight area for your chart style.
📊 Chart Features
Range High/Low Lines: Automatically plotted after range session ends.
Visual Fill Box: Optional background shading between the opening range.
Triangle Breakout Markers: Appear at the breakout candle.
Alerts: Can be used with TradingView’s alert system to notify you of breakouts in real-time.
🔔 Alerts
Two alert conditions are built in:
Bullish Breakout: Triggers when price breaks above the high of the range.
Bearish Breakout: Triggers when price breaks below the low of the range.
Example Alert Message:
📈 “Bullish Breakout above Open Range on AAPL!”
To activate:
Click “🔔 Alerts” on TradingView.
Set condition to this script.
Choose “ORB Breakout Up” or “ORB Breakout Down”.
Choose alert frequency and notification method.
⚠️ DISCLAIMER
ChartsAlgo tools are for informational and educational purposes only.
They are not financial advice or signals. Past performance does not guarantee future results. Use at your own risk and always implement solid risk management.
By using this indicator, you agree that you are solely responsible for any trades or decisions made based on the information provided.
Multi-Confluence Swing Hunter V1# Multi-Confluence Swing Hunter V1 - Complete Description
Overview
The Multi-Confluence Swing Hunter V1 is a sophisticated low timeframe scalping strategy specifically optimized for MSTR (MicroStrategy) trading. This strategy employs a comprehensive point-based scoring system that combines optimized technical indicators, price action analysis, and reversal pattern recognition to generate precise trading signals on lower timeframes.
Performance Highlight:
In backtesting on MSTR 5-minute charts, this strategy has demonstrated over 200% profit performance, showcasing its effectiveness in capturing rapid price movements and volatility patterns unique to MicroStrategy's trading behavior.
The strategy's parameters have been fine-tuned for MSTR's unique volatility characteristics, though they can be optimized for other high-volatility instruments as well.
## Key Innovation & Originality
This strategy introduces a unique **dual scoring system** approach:
- **Entry Scoring**: Identifies swing bottoms using 13+ different technical criteria
- **Exit Scoring**: Identifies swing tops using inverse criteria for optimal exit timing
Unlike traditional strategies that rely on simple indicator crossovers, this system quantifies market conditions through a weighted scoring mechanism, providing objective, data-driven entry and exit decisions.
## Technical Foundation
### Optimized Indicator Parameters
The strategy utilizes extensively backtested parameters specifically optimized for MSTR's volatility patterns:
**MACD Configuration (3,10,3)**:
- Fast EMA: 3 periods (vs standard 12)
- Slow EMA: 10 periods (vs standard 26)
- Signal Line: 3 periods (vs standard 9)
- **Rationale**: These faster parameters provide earlier signal detection while maintaining reliability, particularly effective for MSTR's rapid price movements and high-frequency volatility
**RSI Configuration (21-period)**:
- Length: 21 periods (vs standard 14)
- Oversold: 30 level
- Extreme Oversold: 25 level
- **Rationale**: The 21-period RSI reduces false signals while still capturing oversold conditions effectively in MSTR's volatile environment
**Parameter Adaptability**: While optimized for MSTR, these parameters can be adjusted for other high-volatility instruments. Faster-moving stocks may benefit from even shorter MACD periods, while less volatile assets might require longer periods for optimal performance.
### Scoring System Methodology
**Entry Score Components (Minimum 13 points required)**:
1. **RSI Signals** (max 5 points):
- RSI < 30: +2 points
- RSI < 25: +2 points
- RSI turning up: +1 point
2. **MACD Signals** (max 8 points):
- MACD below zero: +1 point
- MACD turning up: +2 points
- MACD histogram improving: +2 points
- MACD bullish divergence: +3 points
3. **Price Action** (max 4 points):
- Long lower wick (>50%): +2 points
- Small body (<30%): +1 point
- Bullish close: +1 point
4. **Pattern Recognition** (max 8 points):
- RSI bullish divergence: +4 points
- Quick recovery pattern: +2 points
- Reversal confirmation: +4 points
**Exit Score Components (Minimum 13 points required)**:
Uses inverse criteria to identify swing tops with similar weighting system.
## Risk Management Features
### Position Sizing & Risk Control
- **Single Position Strategy**: 100% equity allocation per trade
- **No Overlapping Positions**: Ensures focused risk management
- **Configurable Risk/Reward**: Default 5:1 ratio optimized for volatile assets
### Stop Loss & Take Profit Logic
- **Dynamic Stop Loss**: Based on recent swing lows with configurable buffer
- **Risk-Based Take Profit**: Calculated using risk/reward ratio
- **Clean Exit Logic**: Prevents conflicting signals
## Default Settings Optimization
### Key Parameters (Optimized for MSTR/Bitcoin-style volatility):
- **Minimum Entry Score**: 13 (ensures high-conviction entries)
- **Minimum Exit Score**: 13 (prevents premature exits)
- **Risk/Reward Ratio**: 5.0 (accounts for volatility)
- **Lower Wick Threshold**: 50% (identifies true hammer patterns)
- **Divergence Lookback**: 8 bars (optimal for swing timeframes)
### Why These Defaults Work for MSTR:
1. **Higher Score Thresholds**: MSTR's volatility requires more confirmation
2. **5:1 Risk/Reward**: Compensates for wider stops needed in volatile markets
3. **Faster MACD**: Captures momentum shifts quickly in fast-moving stocks
4. **21-period RSI**: Reduces noise while maintaining sensitivity
## Visual Features
### Score Display System
- **Green Labels**: Entry scores ≥10 points (below bars)
- **Red Labels**: Exit scores ≥10 points (above bars)
- **Large Triangles**: Actual trade entries/exits
- **Small Triangles**: Reversal pattern confirmations
### Chart Cleanliness
- Indicators plotted in separate panes (MACD, RSI)
- TP/SL levels shown only during active positions
- Clear trade markers distinguish signals from actual trades
## Backtesting Specifications
### Realistic Trading Conditions
- **Commission**: 0.1% per trade
- **Slippage**: 3 points
- **Initial Capital**: $1,000
- **Account Type**: Cash (no margin)
### Sample Size Considerations
- Strategy designed for 100+ trade sample sizes
- Recommended timeframes: 4H, 1D for swing trading
- Optimal for trending/volatile markets
## Strategy Limitations & Considerations
### Market Conditions
- **Best Performance**: Trending markets with clear swings
- **Reduced Effectiveness**: Highly choppy, sideways markets
- **Volatility Dependency**: Optimized for moderate to high volatility assets
### Risk Warnings
- **High Allocation**: 100% position sizing increases risk
- **No Diversification**: Single position strategy
- **Backtesting Limitation**: Past performance doesn't guarantee future results
## Usage Guidelines
### Recommended Assets & Timeframes
- **Primary Target**: MSTR (MicroStrategy) - 5min to 15min timeframes
- **Secondary Targets**: High-volatility stocks (TSLA, NVDA, COIN, etc.)
- **Crypto Markets**: Bitcoin, Ethereum (with parameter adjustments)
- **Timeframe Optimization**: 1min-15min for scalping, 30min-1H for swing scalping
### Timeframe Recommendations
- **Primary Scalping**: 5-minute and 15-minute charts
- **Active Monitoring**: 1-minute for precise entries
- **Swing Scalping**: 30-minute to 1-hour timeframes
- **Avoid**: Sub-1-minute (excessive noise) and above 4-hour (reduces scalping opportunities)
## Technical Requirements
- **Pine Script Version**: v6
- **Overlay**: Yes (plots on price chart)
- **Additional Panes**: MACD and RSI indicators
- **Real-time Compatibility**: Confirmed bar signals only
## Customization Options
All parameters are fully customizable through inputs:
- Indicator lengths and levels
- Scoring thresholds
- Risk management settings
- Visual display preferences
- Date range filtering
## Conclusion
This scalping strategy represents a comprehensive approach to low timeframe trading that combines multiple technical analysis methods into a cohesive, quantified system specifically optimized for MSTR's unique volatility characteristics. The optimized parameters and scoring methodology provide a systematic way to identify high-probability scalping setups while managing risk effectively in fast-moving markets.
The strategy's strength lies in its objective, multi-criteria approach that removes emotional decision-making from scalping while maintaining the flexibility to adapt to different instruments through parameter optimization. While designed for MSTR, the underlying methodology can be fine-tuned for other high-volatility assets across various markets.
**Important Disclaimer**: This strategy is designed for experienced scalpers and is optimized for MSTR trading. The high-frequency nature of scalping involves significant risk. Past performance does not guarantee future results. Always conduct your own analysis, consider your risk tolerance, and be aware of commission/slippage costs that can significantly impact scalping profitability.
VWAP Deviation Channels with Probability (Lite)VWAP Deviation Channels with Probability (Lite)
Version 1.2
Overview
This indicator is a powerful tool for intraday traders, designed to identify high-probability areas of support and resistance. It plots the Volume-Weighted Average Price (VWAP) as a central "value" line and then draws statistically-based deviation channels around it.
Its unique feature is a dynamic probability engine that analyzes thousands of historical price bars to calculate and display the real-time likelihood of the price touching each of these deviation levels. This provides a quantifiable edge for making trading decisions.
Core Concepts Explained
This indicator is built on three key concepts:
The VWAP (Volume-Weighted Average Price): The dotted midline of the channels is the session VWAP. Unlike a Simple Moving Average (SMA) which only considers price, the VWAP incorporates volume into its calculation. This makes it a much more significant benchmark, as it represents the true average price where the most business has been transacted during the day. It's heavily used by institutional traders, which is why price often reacts strongly to it.
Standard Deviation Channels: The channels above and below the VWAP are based on standard deviations. Standard deviation is a statistical measure of volatility.
- Wide Bands: When the channels are wide, it signifies high volatility.
- Narrow Bands: When the channels are tight and narrow, it signifies low volatility and
consolidation (a "squeeze").
The Conditional Probability Engine: This is the heart of the indicator. For every deviation level, the script displays a percentage. This percentage answers a very specific question:
"Based on thousands of previous bars, when the last candle had a certain momentum (bullish or bearish), what was the historical probability that the price would touch this specific level?"
The probabilities are calculated separately depending on whether the previous candle was green (bullish) or red (bearish). This provides a nuanced, momentum-based edge. The level with the highest probability is highlighted, acting as a "price magnet."
How to Use This Indicator
Recommended Timeframes:
This indicator is designed specifically for intraday trading. It works best on timeframes like the 1-minute, 5-minute, and 15-minute charts. It will not display correctly on daily or higher timeframes.
Recommended Trading Strategy: Mean Reversion
The primary strategy for this indicator is "Mean Reversion." The core idea is that as the price stretches to extreme levels far away from the VWAP (the "mean"), it is statistically more likely to "snap back" toward it.
Here is a step-by-step guide to trading this setup:
1. Identify the Extreme: Wait for the price to push into one of the outer deviation bands (e.g., the -2, -3, or -4 bands for a buy setup, or the +2, +3, or +4 bands for a sell setup).
2. Look for the High-Probability Zone: Pay close attention to the highlighted probability label. This is the level that has historically acted as the strongest magnet for price. A touch of this level represents a high-probability area for a potential reversal.
3. Wait for Confirmation: Do not enter a trade just because the price has touched a band. Wait for a confirmation candle that shows momentum is shifting.
- For a Buy: Look for a strong bullish candle (e.g., a green engulfing candle or a hammer/pin
bar) to form at the lower bands.
- For a Sell: Look for a strong bearish candle (e.g., a red engulfing candle or a shooting star)
to form at the upper bands.
Define Your Exit:
- Take Profit: A logical primary target for a mean reversion trade is the VWAP (midLine).
- Stop Loss: A logical place for a stop-loss is just outside the next deviation band. For
example, if you enter a long trade at the -3 band, your stop loss could be placed just
below the -4 band.
Disclaimer: This indicator is a tool for analysis and should not be considered a standalone trading system. Trading involves significant risk, and past performance is not indicative of future results. Always use this indicator in conjunction with other forms of analysis and sound risk management practices.
Red Report Filter x 'Bull_Trap_9'Hello Traders!
This one is my favorite.
This is indicator / filter: '2 of 2.'
'1 of 2' is the, 'Closed Market Filter,' I posted before this that you may like.
Again, I prefer 'Filter' over 'Indicator' because this Pine Script code does not interact with the actual price data.
It makes handling high impact reports effortless.
As you all know; if you're on a Prop and breach a 'Red,' you lose your account.
This will filter up to 5 reports. More than enough unless you're on EURUSD!
It offers both 'Red' and 'Orange' report control.
The default window times of 15 / 6 are programmed for red events. You can always alter the base code for your desired, 'Before / After.'
Click the tooltip for more info.
How to use:
You do need to update the inputs daily with the current report times before each open.
I trade YM / US markets. Those reports are very repetitive on their delivery times, so I usually leave a 10:00 setting in slot 1. I then toggle it 'On' or 'Off' per demand.
Just open the dialogue box and it is pretty self explanatory.
I used task scheduler for a lot of years, but that wasn't very reliable, modest work to set up daily and a lot of times I may not hear it or it malfunctions because of a Windows update.
TradingView has the little icon that floats from the bottom right, but who really looks for that.
Any audio alert is subject to fail for a number of reasons.
This filter REDS the screen in your face. Leaves no doubt about what's coming.
I know there may be other apps and options out there, but this filter is integral to the TradingView chart itself embedded through Pine Script. It is right there, a click away, easy to input data, and as long as your chart is active and working, the filter will fire.
I did not build an alert condition into this, but I'm sure that could be an option if you want to program in audio as well.
Please Note: Only when the price candles push into the filter zone, will the filter start to display. Run a test a minute from the current price candle and you can see how it functions.
I appreciate your interest.
Closed Market / Back-Test Filter x 'Bull_Trap_9'Hello TradingView Traders!
This is a very valuable tool that I believe all traders will find useful.
This indicator / filter is '1 of 2'. I prefer it as a filter because it is not meant for live trade analysis. It is designed to make a trader aware of their individual trade sessions and to help aid in static chart candlestick back-testing.
Also, look for my indicator / filter, '2 of 2': 'Red Report Filter'
There are two functions to this filter.
Primary use: It allows a trader to set a session window: Open / Close.
During a trade session, like YM, I only trade 9:30 - 15:00. Without the filter, many times I have traded past my cutoff because I was focused on the chart and not the time.
With this filter on as close nears with an open trade and the filter starts to apply, I know I am at session close with no more trades upon exit. Otherwise, I know the session is done with no further trades.
It is also nice to have the filter on during the session open as a demarcation boundary.
Secondary use: It is used as a chart back-test tool.
When applied to a traders back-test chart, the trader can control their trade session envelopes for easier and more precise evaluation. The filter will allow only the candles per session that the trader wants to focus on and will filter all other non-session candles.
I can easily compare a whole week of 30m session data, concentrating solely on the filtered trade windows.
Please Note: The filter will be active as far back as the historic data prints.
Thanks for viewing!
First Candle🕯️ First Candle Indicator (First 5-Minute Candle High/Low)
The First Candle indicator automatically marks the high and low of the first 5-minute candle of the U.S. trading session . These levels can act as key intraday support and resistance zones, often used in breakout, scalping, or opening-range trading strategies.
📌 Key Features:
Automatic detection of the first candle of the U.S. session based on the selected timeframe (default is 5 minutes).
Horizontal lines are plotted at the high and low of that candle, with fully customizable colors and thickness.
Labels show the exact level and timeframe used for the high and low.
Resets daily, removing previous session data at the start of a new session.
Displays a visual marker (blue triangle) when the first candle is detected.
Allows users to select different timeframes for defining the "first candle" (e.g., 1, 5, 15 minutes).
⚙️ Customizable Inputs:
Show First Candle Lines: toggle the display of high/low lines.
Timeframe for Marking: choose the timeframe to detect the first candle (e.g., 5 minutes).
High Line Color / Low Line Color: set the color of each level line.
Line Thickness: adjust the width of the lines (1 to 5 pixels).
🧠 Strategic Applications:
Identify breakout zones right after the market opens.
Define opening range for pullback or continuation setups.
Set clear reference levels for intraday trading decisions.
LTF Volume markerLTF Volume Marker
Overview:
The LTF Volume Marker highlights candles that contain volume spikes on a lower timeframe (LTF), even while you are viewing a higher timeframe chart. It is designed to help identify hidden volume activity that may not be visible when aggregating candles.
This indicator is conceptually similar to a volume profile — but instead of showing distribution across price levels, it visualizes volume clusters within the structure of a sloped trend or time-based aggregation.
Key Features:
✅ Automatically detects high-volume candles on a user-defined lower timeframe
✅ Marks the price level of volume spikes using weighted average price (VWAP) within higher timeframe bars
✅ Supports both manual threshold and auto mode (which highlights top X% of volume candles in a selected range)
✅ Fully adjustable timeframe and date range
✅ Displays either a point or an area at the spike location or together
How It Works:
You define a Lower Timeframe (e.g. 1-minute) and optionally a threshold or use the auto mode to dynamically calculate it from past data.
On higher timeframes (e.g. 5-min, 15-min), the indicator looks inside each bar, finds all volume spikes, and plots the volume-weighted average price of those spikes.
If you are on the same timeframe as the LTF, it simply highlights candles with volume exceeding the threshold.
Use Cases:
Spotting hidden volume clusters inside trending moves
Validating support/resistance levels with underlying volume
Filtering false breakouts using intra-bar volume
Enhancing scalping and intraday setups by visualizing internal structure
Notes:
The indicator ignores future-looking data (lookahead=off) and only processes completed bars.
If the chart’s timeframe is lower than the selected LTF, the indicator will automatically disable itself.
Works best with aggregated symbols, such as futures or cryptocurrencies with high resolution data.
Intraday & Annual CAPM AlphaIntraday & Annual CAPM Alpha
This TradingView™ Pine v6 indicator computes and plots a stock’s CAPM α (alpha) on both intraday and daily/annualized timeframes, allowing you to monitor relative performance against a chosen benchmark (e.g. SPX, NDX).
⸻
Key Outputs
1. Intraday α per Bar (blue line)
• Calculates α from a rolling-window linear regression of the last N bars’ returns (default 60).
• Expressed as “extra return per bar” vs. the benchmark.
2. Intraday α Daily-Equivalent (stepped blue line)
• Scales the per-bar α to a full trading day (390 minutes), showing “if this pace held all day, outperformance (%)”.
3. Annualized α (yellow line)
• Performs the same CAPM regression on daily returns over a D-day lookback (default 252), then annualizes α by multiplying by 252.
• Indicates longer-term relative strength/weakness vs. the benchmark.
⸻
Inputs
• Benchmark Symbol: Choose any index or ETF (e.g. “SPX”, “NDX”).
• Intraday Lookback Bars: Number of bars for intraday α regression (default 60).
• Daily Lookback Days: Number of trading days for daily CAPM regression (default 252).
• Use Log Returns?: Toggle between arithmetic vs. log returns.
⸻
How to Use
• Short-Term Signals:
• Watch the blue α/bar line on 1–15 min charts. A cross from negative to positive suggests intraday outperformance; a reversal warns of weakening momentum.
• The blue daily-equivalent α gives a smoother view—e.g. > +1% signals strong intraday bias, < –1% signals underperformance.
• Long-Term Trends:
• On daily charts, focus on the yellow annualized α. A sustained positive α implies this stock has historically beaten the benchmark; sustained negative α implies the opposite.
• Combining Timeframes:
• Use intraday α for timing entries/exits within the session, and annualized α to confirm whether you want a bullish or bearish bias over days to weeks.
⸻
Install & Configure
1. Copy the Pine v6 script into the TradingView Pine Editor.
2. Set your favorite benchmark, lookback periods, and returns type.
3. Add to your chart to start visualizing real-time CAPM α signals!
Feel free to adjust the lookback windows and threshold levels to suit your trading style.
