Quarterly Theory ICT 05 [TradingFinder] Doubling Theory Signals🔵 Introduction
Doubling Theory is an advanced approach to price action and market structure analysis that uniquely combines time-based analysis with key Smart Money concepts such as SMT (Smart Money Technique), SSMT (Sequential SMT), Liquidity Sweep, and the Quarterly Theory ICT.
By leveraging fractal time structures and precisely identifying liquidity zones, this method aims to reveal institutional activity specifically smart money entry and exit points hidden within price movements.
At its core, the market is divided into two structural phases: Doubling 1 and Doubling 2. Each phase contains four quarters (Q1 through Q4), which follow the logic of the Quarterly Theory: Accumulation, Manipulation (Judas Swing), Distribution, and Continuation/Reversal.
These segments are anchored by the True Open, allowing for precise alignment with cyclical market behavior and providing a deeper structural interpretation of price action.
During Doubling 1, a Sequential SMT (SSMT) Divergence typically forms between two correlated assets. This time-structured divergence occurs between two swing points positioned in separate quarters (e.g., Q1 and Q2), where one asset breaks a significant low or high, while the second asset fails to confirm it. This lack of confirmation—especially when aligned with the Manipulation and Accumulation phases—often signals early smart money involvement.
Following this, the highest and lowest price points from Doubling 1 are designated as liquidity zones. As the market transitions into Doubling 2, it commonly returns to these zones in a calculated move known as a Liquidity Sweep—a sharp, engineered spike intended to trigger stop orders and pending positions. This sweep, often orchestrated by institutional players, facilitates entry into large positions with minimal slippage.
Bullish :
Bearish :
🔵 How to Use
Applying Doubling Theory requires a simultaneous understanding of temporal structure and inter-asset behavioral divergence. The method unfolds over two main phases—Doubling 1 and Doubling 2—each divided into four quarters (Q1 to Q4).
The first phase focuses on identifying a Sequential SMT (SSMT) divergence, which forms when two correlated assets (e.g., EURUSD and GBPUSD, or NQ and ES) react differently to key price levels across distinct quarters. For example, one asset may break a previous low while the other maintains structure. This misalignment—especially in Q2, the Manipulation phase—often indicates early smart money accumulation or distribution.
Once this divergence is observed, the extreme highs and lows of Doubling 1 are marked as liquidity zones. In Doubling 2, the market gravitates back toward these zones, executing a Liquidity Sweep.
This move is deliberate—designed to activate clustered stop-loss and pending orders and to exploit pockets of resting liquidity. These sweeps are typically driven by institutional forces looking to absorb liquidity and position themselves ahead of the next major price move.
The key to execution lies in the fact that, during the sweep in Doubling 2, a classic SMT divergence should also appear between the two assets. This indicates a weakening of the previous trend and adds an extra layer of confirmation.
🟣 Bullish Doubling Theory
In the bullish scenario, Doubling 1 begins with a bullish SSMT divergence, where one asset forms a lower low while the other maintains its structure. This divergence signals weakening bearish momentum and possible smart money accumulation. In Doubling 2, the market returns to the previous low and sweeps the liquidity zone—breaking below it on one asset, while the second fails to confirm, forming a bullish SMT divergence.
f this move is followed by a bullish PSP and a clear market structure break (MSB), a long entry is triggered. The stop-loss is placed just below the swept liquidity zone, while the target is set in the premium zone, anticipating a move driven by institutional buyers.
🟣 Bearish Doubling Theory
The bearish scenario follows the same structure in reverse. In Doubling 1, a bearish SSMT divergence occurs when one asset prints a higher high while the other fails to do so. This suggests distribution and weakening buying pressure. Then, in Doubling 2, the market returns to the previous high and executes a liquidity sweep, targeting trapped buyers.
A bearish SMT divergence appears, confirming the move, followed by a bearish PSP on the lower timeframe. A short position is initiated after a confirmed MSB, with the stop-loss placed
🔵 Settings
⚙️ Logical Settings
Quarterly Cycles Type : Select the time segmentation method for SMT analysis.
Available modes include : Yearly, Monthly, Weekly, Daily, 90 Minute, and Micro.
These define how the indicator divides market time into Q1–Q4 cycles.
Symbol : Choose the secondary asset to compare with the main chart asset (e.g., XAUUSD, US100, GBPUSD).
Pivot Period : Sets the sensitivity of the pivot detection algorithm. A smaller value increases responsiveness to price swings.
Pivot Sync Threshold : The maximum allowed difference (in bars) between pivots of the two assets for them to be compared.
Validity Pivot Length : Defines the time window (in bars) during which a divergence remains valid before it's considered outdated.
🎨 Display Settings
Show Cycle :Toggles the visual display of the current Quarter (Q1 to Q4) based on the selected time segmentation
Show Cycle Label : Shows the name (e.g., "Q2") of each detected Quarter on the chart.
Show Labels : Displays dynamic labels (e.g., “Q2”, “Bullish SMT”, “Sweep”) at relevant points.
Show Lines : Draws connection lines between key pivot or divergence points.
Color Settings : Allows customization of colors for bullish and bearish elements (lines, labels, and shapes)
🔔 Alert Settings
Alert Name : Custom name for the alert messages (used in TradingView’s alert system).
Message Frequenc y:
All : Every signal triggers an alert.
Once Per Bar : Alerts once per bar regardless of how many signals occur.
Per Bar Close : Only triggers when the bar closes and the signal still exists.
Time Zone Display : Choose the time zone in which alert timestamps are displayed (e.g., UTC).
Bullish SMT Divergence Alert : Enable/disable alerts specifically for bullish signals.
Bearish SMT Divergence Alert : Enable/disable alerts specifically for bearish signals
🔵 Conclusion
Doubling Theory is a powerful and structured framework within the realm of Smart Money Concepts and ICT methodology, enabling traders to detect high-probability reversal points with precision. By integrating SSMT, SMT, Liquidity Sweeps, and the Quarterly Theory into a unified system, this approach shifts the focus from reactive trading to anticipatory analysis—anchored in time, structure, and liquidity.
What makes Doubling Theory stand out is its logical synergy of time cycles, behavioral divergence, liquidity targeting, and institutional confirmation. In both bullish and bearish scenarios, it provides clearly defined entry and exit strategies, allowing traders to engage the market with confidence, controlled risk, and deeper insight into the mechanics of price manipulation and smart money footprints.
Sequential
Candle SequenceLooking to easily identify moments of strong market conviction? "Racha Velas" (or your chosen English name like "Consecutive Candles Streak") allows you to visualize clearly and directly sequences of consecutive bullish and bearish candles.
**Key Features:**
* **Real-time Counting:** Displays the number of consecutive candles directly on the chart.
* **Visual Customization:** Adjust the text size and color for optimal visualization.
* **Vertical Offset:** Control the position of the counter to avoid obstructions.
* **Maximum Streaks Table (Optional):** Visualize the largest bullish and bearish streaks found in the chart's history, useful for understanding volatility and price behavior.
* **Easy to Use:** Simply add the indicator to your chart and start analyzing.
This indicator is a valuable tool for traders looking to confirm trends, identify potential exhaustion points, or simply understand price dynamics at a glance. Give it a try and discover the market's streaks!
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¿Buscas identificar momentos de fuerte convicción del mercado? "Racha Velas" te permite visualizar de forma clara y directa las secuencias de velas consecutivas alcistas y bajistas.
**Características principales:**
* **Conteo en Tiempo Real:** Muestra el número de velas consecutivas directamente en el gráfico.
* **Personalización Visual:** Ajusta el tamaño y color del texto para una visualización óptima.
* **Offset Vertical:** Controla la posición del contador para evitar obstrucciones.
* **Tabla de Rachas Máximas (Opcional):** Visualiza las mayores rachas alcistas y bajistas encontradas en el historial del gráfico, útil para entender la volatilidad y el comportamiento del precio.
* **Fácil de Usar:** Simplemente añade el indicador a tu gráfico y comienza a analizar.
Este indicador es una herramienta valiosa para traders que buscan confirmar tendencias, identificar posibles agotamientos o simplemente entender la dinámica del precio en un vistazo. ¡Pruébalo y descubre las rachas del mercado!
Quarterly Theory ICT 04 [TradingFinder] SSMT 4Quarter Divergence🔵 Introduction
Sequential SMT Divergence is an advanced price-action-based analytical technique rooted in the ICT (Inner Circle Trader) methodology. Its primary objective is to identify early-stage divergences between correlated assets within precise time structures. This tool not only breaks down market structure but also enables traders to detect engineered liquidity traps before the market reacts.
In simple terms, SMT (Smart Money Technique) occurs when two correlated assets—such as indices (ES and NQ), currency pairs (EURUSD and GBPUSD), or commodities (Gold and Silver)—exhibit different reactions at key price levels (swing highs or lows). This lack of alignment is often a sign of smart money manipulation and signals a lack of confirmation in the ongoing trend—hinting at an imminent reversal or at least a pause in momentum.
In its Sequential form, SMT divergences are examined through a more granular temporal lens—between intraday quarters (Q1 through Q4). When SMT appears at the transition from one quarter to another (e.g., Q1 to Q2 or Q3 to Q4), the signal becomes significantly more powerful, often aligning with a critical phase in the Quarterly Theory—a framework that segments market behavior into four distinct phases: Accumulation, Manipulation, Distribution, and Reversal/Continuation.
For instance, a Bullish SMT forms when one asset prints a new low while its correlated counterpart fails to break the corresponding low from the previous quarter. This usually indicates absorption of selling pressure and the beginning of accumulation by smart money. Conversely, a Bearish SMT arises when one asset makes a higher high, but the second asset fails to confirm, signaling distribution or a fake-out before a decline.
However, SMT alone is not enough. To confirm a true Market Structure Break (MSB), the appearance of a Precision Swing Point (PSP) is essential—a specific candlestick formation on a lower timeframe (typically 5 to 15 minutes) that reveals the entry of institutional participants. The combination of SMT and PSP provides a more accurate entry point and better understanding of premium and discount zones.
The Sequential SMT Indicator, introduced in this article, dynamically scans charts for such divergence patterns across multiple sessions. It is applicable to various markets including Forex, crypto, commodities, and indices, and shows particularly strong performance during mid-week sessions (Wednesdays and Thursdays)—when most weekly highs and lows tend to form.
Bullish Sequential SMT :
Bearish Sequential SMT :
🔵 How to Use
The Sequential SMT (SSMT) indicator is designed to detect time and structure-based divergences between two correlated assets. This divergence occurs when both assets print a similar swing (high or low) in the previous quarter (e.g., Q3), but in the current quarter (e.g., Q4), only one asset manages to break that swing level—while the other fails to reach it.
This temporal mismatch is precisely identified by the SSMT indicator and often signals smart money activity, a market phase transition, or even the presence of an engineered liquidity trap. The signal becomes especially powerful when paired with a Precision Swing Point (PSP)—a confirming candle on lower timeframes (5m–15m) that typically indicates a market structure break (MSB) and the entry of smart liquidity.
🟣 Bullish Sequential SMT
In the previous quarter, both assets form a similar swing low.
In the current quarter, one asset (e.g., EURUSD) breaks that low and trades below it.
The other asset (e.g., GBPUSD) fails to reach the same low, preserving the structure.
This time-based divergence reflects declining selling pressure, potential absorption, and often marks the end of a manipulation phase and the start of accumulation. If confirmed by a bullish PSP candle, it offers a strong long opportunity, with stop-losses defined just below the swing low.
🟣 Bearish Sequential SMT
In the previous quarter, both assets form a similar swing high.
In the current quarter, one asset (e.g., NQ) breaks above that high.
The other asset (e.g., ES) fails to reach that high, remaining below it.
This type of divergence signals weakening bullish momentum and the likelihood of distribution or a fake-out before a price drop. When followed by a bearish PSP candle, it sets up a strong shorting opportunity with targets in the discount zone and protective stops placed above the swing high.
🔵 Settings
⚙️ Logical Settings
Quarterly Cycles Type : Select the time segmentation method for SMT analysis.
Available modes include: Yearly, Monthly, Weekly, Daily, 90 Minute, and Micro.
These define how the indicator divides market time into Q1–Q4 cycles.
Symbol : Choose the secondary asset to compare with the main chart asset (e.g., XAUUSD, US100, GBPUSD).
Pivot Period : Sets the sensitivity of the pivot detection algorithm. A smaller value increases responsiveness to price swings.
Activate Max Pivot Back : When enabled, limits the maximum number of past pivots to be considered for divergence detection.
Max Pivot Back Length : Defines how many past pivots can be used (if the above toggle is active).
Pivot Sync Threshold : The maximum allowed difference (in bars) between pivots of the two assets for them to be compared.
Validity Pivot Length : Defines the time window (in bars) during which a divergence remains valid before it's considered outdated.
🎨 Display Settings
Show Cycle :Toggles the visual display of the current Quarter (Q1 to Q4) based on the selected time segmentation
Show Cycle Label : Shows the name (e.g., "Q2") of each detected Quarter on the chart.
Show Bullish SMT Line : Draws a line connecting the bullish divergence points.
Show Bullish SMT Label : Displays a label on the chart when a bullish divergence is detected.
Bullish Color : Sets the color for bullish SMT markers (label, shape, and line).
Show Bearish SMT Line : Draws a line for bearish divergence.
Show Bearish SMT Label : Displays a label when a bearish SMT divergence is found.
Bearish Color : Sets the color for bearish SMT visual elements.
🔔 Alert Settings
Alert Name : Custom name for the alert messages (used in TradingView’s alert system).
Message Frequency :
All: Every signal triggers an alert.
Once Per Bar: Alerts once per bar regardless of how many signals occur.
Per Bar Close: Only triggers when the bar closes and the signal still exists.
Time Zone Display : Choose the time zone in which alert timestamps are displayed (e.g., UTC).
Bullish SMT Divergence Alert : Enable/disable alerts specifically for bullish signals.
Bearish SMT Divergence Alert : Enable/disable alerts specifically for bearish signals
🔵 Conclusion
The Sequential SMT (SSMT) indicator is a powerful and precise tool for identifying structural divergences between correlated assets within a time-based framework. Unlike traditional divergence models that rely solely on sequential pivot comparisons, SSMT leverages Quarterly Theory, in combination with concepts like liquidity sweeps, market structure breaks (MSB) and precision swing points (PSP), to provide a deeper and more actionable view of market dynamics.
By using SSMT, traders gain not only the ability to identify where divergence occurs, but also when it matters most within the market cycle. This empowers them to anticipate major moves or traps before they fully materialize, and position themselves accordingly in high-probability trade zones.
Whether you're trading Forex, crypto, indices, or commodities, the true strength of this indicator is revealed when used in sync with the Accumulation, Manipulation, Distribution, and Reversal phases of the market. Integrated with other confluence tools and market models, SSMT can serve as a core component in a professional, rule-based, and highly personalized trading strategy.
Supertrend + BB + Consecutive Candles + QQE + EMA [Pineify]Overview
This indicator, developed by Pineify, is a comprehensive tool designed to assist traders in making informed decisions by combining multiple technical analysis methods. It integrates Supertrend, Bollinger Bands (BB), Consecutive Candles, Quantitative Qualitative Estimation (QQE), and Exponential Moving Averages (EMA) into a single, cohesive script. This multi-faceted approach allows traders to analyze market trends, volatility, and potential buy/sell signals with greater accuracy.
Key Features
1. Supertrend: Utilizes the Supertrend indicator to identify the prevailing market trend. It provides clear buy and sell signals based on the direction of the trend.
2. Bollinger Bands (BB): Measures market volatility and identifies overbought or oversold conditions. The script calculates the middle, upper, and lower bands, along with the Bollinger Band Width (BBW) and Bollinger Band %B (BBR).
3. Consecutive Candles: Detects sequences of consecutive bullish or bearish candles, providing signals when a specified number of consecutive candles are detected.
4. Quantitative Qualitative Estimation (QQE): Combines the Relative Strength Index (RSI) with a smoothing factor to generate buy and sell signals based on the QQE methodology.
5. Exponential Moving Averages (EMA): Includes both fast and slow EMAs to identify potential crossovers, which are used as buy and sell signals.
How It Works
- Supertrend: The Supertrend indicator is calculated using a factor and ATR length. It plots the trend direction and generates buy/sell signals when the trend changes.
- Bollinger Bands: The BB indicator calculates the middle band as a Simple Moving Average (SMA) of the closing prices. The upper and lower bands are derived by adding and subtracting a multiple of the standard deviation from the middle band.
- Consecutive Candles: This feature counts the number of consecutive candles that close higher or lower than the previous candle. When the count reaches a specified threshold, it generates a buy or sell signal.
- QQE: The QQE indicator smooths the RSI values and calculates the QQE Fast and QQE Slow lines. Buy and sell signals are generated based on the crossover of these lines.
- EMA: The script calculates fast and slow EMAs and generates buy/sell signals based on their crossovers.
How to Use
1. Inputs: Customize the indicator settings through the input parameters:
- Supertrend Factor and ATR Length
- BB Length
- Consecutive Candles Counting
- QQE RSI Length
- Fast and Slow EMA Lengths
- Enable/Disable Alerts for various signals
2. Alerts: Set up alerts for Supertrend, Consecutive Candles, and EMA crossovers. Alerts can be enabled or disabled based on user preference.
3. Visualization: The indicator plots the Supertrend, Bollinger Bands, and EMA lines on the chart. It also marks buy and sell signals with arrows and labels for easy identification.
Concepts Underlying Calculations
- Supertrend: Based on the Average True Range (ATR) to determine the trend direction and potential reversal points.
- Bollinger Bands: Utilizes standard deviation to measure market volatility and identify overbought/oversold conditions.
- Consecutive Candles: A method to detect momentum by counting consecutive bullish or bearish candles.
- QQE: Enhances the traditional RSI by smoothing it and using a dynamic threshold to generate signals.
- EMA: A widely used moving average that gives more weight to recent prices, making it responsive to market changes.
This indicator is a powerful tool for traders looking to combine multiple technical analysis methods into a single, easy-to-use script. By integrating these diverse techniques, it provides a comprehensive view of market conditions and potential trading opportunities.
Consecutive count backtester / quantifytools- Overview
Consecutive counting is a simple method to mechanically define trending states to the upside and downside. Consecutive counts are calculated by taking reference price level (e.g. close 4 candles ago) and count closes above/below it up to a maximum count that resets the consecutive count back to 1. This tool provides the means to backtest each count by measuring % change in price after each count (e.g. % gain 2 candles after a given count).
Users can define reference source that starts the consecutive count (e.g. close 4 candles ago), maximum count where counter resets (e.g. after 9th count) and backtesting period (e.g. price change 2 candles after count).
Filters add extra conditions that must be met on the consecutive count to qualify as valid, which are also reflected on the backtest metrics. The counts can be refined using the following filters:
- RSI above/below X
- Price above/below/at moving average of choice
- Relative volume above/below X
Average gain corresponding to each count as they occur can be toggled off for less clutter. Average price change can also be visualized using candle color. Colors, gradient and table/label sizes are fully customizable.
- Practical guide
Example #1: Identify reversal potential
Consecutive counting is a simple yet effective method to for detecting reversals, for which 7-9 counts are traditionally used. Whether that holds true or not can now be put through a test with different variations of the method as well as using additional filters to improve the probability of a turn.
Example #2: Identify trend following potential
Consecutive counts can also have utility value for trend following. When historical short term change is to the downside, expect downside, when to the upside, expect upside.
TD Moon Cycle Standard Deviation Z Score AlertsHas alerts for the TD 9 function, also the black is Z score and blue is STD Dev
Also the moon functionality of Ichimoonku is built into this as well because sometimes I just want to see the cycles of moon with TD9 ; see that script (Ichimoonku) for more info on moon functionality.
Much love
Enjoy
GL HF
xoxo
Snoop
Moving Averages (21, 55, 200) with Parabolic SAR and Support/ ReA Simple indicator combining 3 of the most popular simple moving averages; (21,55, 200) with a tweaked Parabolic SAR as well as recent support & resistance points.
Developed to help see key areas of interest on COINBASE:BTCUSD quickly without needing to draw many manual trendlines in order to trade breakouts or bounces at key levels. But should be useful for any market.
This indicator is best used in combination with oscillators such as the MacD or RSI and also volume.
Ori Sequential BarsIndicator enumarates the bars from the start of the selected timeframe to end of the selected timeframe. Default value is Daily.
Ori Sequential Bars Daily v2Indicator enumarates the bars from the start of the day to end of the day. Some may prefer the previous on. Because of that i'm publishing this as a seperate indicator.
Al Po's Semaphore Trading StrategySemaphore Trading Strategy designed especially to test my day trading indicator that is right now in development
Conclusion: it is clearly better to trade with this indicator manually
Sequential ProHello Fellow Traders!
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This is the newest addition to Gnome Alerts PRO!
This Bot Script works on all Crypto, Leverage, Forex, & Traditional Exchanges.
FEATURES
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*Autoview Ready*
- Easy to Use
- Backtesting Included
- Stop Loss
More info on how gain access in my profile!
Sequential Pro BacktestHello Fellow Traders!
-------------------------------------------
This is the newest addition to Gnome Alerts PRO!
This Bot Script works on all Crypto, Leverage, Forex, & Traditional Exchanges.
FEATURES
------------------------
*Autoview Ready*
- Easy to Use
- Backtesting Included
- Stop Loss
More info on how gain access in my profile!
ALPHA: ExhaustionPLEASE READ THE ENTIRE POST BEFORE USING THE ALPHA EXHAUSTION INDICATOR
Capital Exhaustion Cycles
What is capital exhaustion? To explain it simply: Picture you are working out and eventually hit fatigue, at that point your body signals that you can no longer proceed and need to rest. Capital exhaustion with tradable assets (stocks, cryptocurrencies, etc.) occurs the same way. At some point, the market collectively becomes fatigued. Unable to push an asset a certain direction (can be bullish or bearish) the market reverses the direction of the trending price which results in a correction. This is natural & how markets need to work to keep an equilibrium true to the assets value. Being able to measure this in your analysis can be extremely valuable in deciding where to base your trades.
There are some indicators out there such as the TD Sequential (created by Tom Demark) that attempt to measure the exhaustion rate and identify potential capital shifts. I began to use the TD Sequential around 2012 when a colleague of mine sent me an article from Bloomberg on this theory used to measure exhaustion. The theory goes like this: If a candle within a trend is higher (or lower in the case of a bear trend) than the fourth candle back then the trend continues. By Tom Demark's theory the ninth candle is typically where the trend reverses and one must watch for a potential entry on a capital shift. There is a few factors that go into trading the TD Sequential (in addition to other elements he created for measuring such) that we wont get into, I'll explain why....
After using the TD for some years now I have found the reliability and use of it for analysis to be semi-flawed. Yes, there is trend reversals at some of the parameters Tom Demark outlined, but overall I have found the sequential part of it to not only be difficult to use, but also inaccurate to an extent that makes me uncomfortable when factoring it into my analysis. Yes, there are many successful traders that have used the TD in their analysis and have had great success with it. However, I feel the theory behind it can be improved and the visuals of it can be altered to be more user friendly.
This put me on a search for a more reliable and facile method to measure capital exhaustion. There is nothing perfect with Technical Analysis, if there was, one could theoretically own the entire market over time, so I approached this task with that in mind. As I begin to explain my ALPHA: Exhaustion indicator keep this in mind: Nothing can be perfected when it comes to measuring the predictability of human psychology and markets. However, I believe I have found a way to measure capital exhaustion in a clean, accurate, and easy to understand method. Applying this indicator to an analysis can greatly improve the accuracy, reliability and speed of an analyst. I've also added some really neat "safety precautions" to the indicator to indicate when an already confirmed trend is showing weakness (such as chop) or a premature reversal.
That being said, I introduce to you a new series of indicators created in my digital moon lab with a team of analysts: ALPHA
The ALPHA series will launch with this indicator first. From here I will be introducing a whole series of improved indicators to add to your analysis techniques. Bigger shake ups coming soon in the world of volume and strength oscillators. ;)
Introduction
My approach with the ALPHA: Exhaustion is simple, color the candles on a gradient scale based on my exhaustion method for an analyst to easily identify the rate of exhaustion. Additionally, add simple features that help confirm whether a trend has a confirmed beginning and ending. Furthermore I took it a step further and added features that detect weakness in a confirmed trend and give you early indications that the trend may reverse or cancel .
Keeping the advanced analyst in mind I also added options to identify unconfirmed trend beginnings and aggressive endings. These parameters are loose and designed for the analyst who has the comfort of being an aggressive trader. I will get into those options last as they are extremely speculative. The default options on the indicator are designed to show confirmed trends. As you play with this indicator you will discover that many times a wild swing has happened but the indicator was unable to identify it. The reason being is it is meant to identify CONFIRMED trends & be used with other indicators during an analysis, not just used for signals or independently of other analysis tools.
There are many factors that go into an assets price movement, exhaustion, volume, strength, momentum and more, it is unreasonable to think that one should base their analysis off of one of those factors alone. Technical analysis is like a puzzle, you have many puzzle pieces and its impossible to see the entire picture of the puzzle until you fit all those pieces together.
Candle Coloring
Seen below we have a clear trend beginning, the candles begin their normal color of green, as the trend continues the gradient of the white becomes brighter indicating exhaustion.
As the trend continues the indicator identifies that the market is exhausting and colors the candles a brighter white. (see below)
Eventually once the trend exhausts the indicator identifies & confirms the exhaustion and reverts back the coloring in real time as price adjusts. But wait there is more!
Safety Symbols
There is an option to turn the safety symbols off and on as can be seen in this link below:
imgur.com
This option does two things. The first is it adds half crescents to the top or bottom of a trend like the image below.
These half crescents indicate that the trend is beyond normal exhaustion parameters but is still continuing. At this point, this is where I pay attention and watch for the crescents to disappear. When the crescents disappear the candle coloring will change back to normal indicating that trend has confirmed as exhausted. It is entirely possible to have one or two candles of chop and then it continues but generally it has meant exhaustion criteria. One feature I have added is once the crescents disappear the indicator watches for a confirmed trend reversal to begin and will paint an arrow showing the trend reversal confirmation. We will get into that later though.
The second feature of the safety symbols is the risk line. The option also enables the risk line of the prior trends top. (See image below)
If a trader were to find entries of a confirmed trend based on the indicator painting the confirmed trend arrow (will explain further down) then one could place their stop loss there, but proper analysis should be done and decided upon by the user . (Keep in mind this is an indicator for analysis, not a signal generating system, please be sure to read the disclosures on my website www.thetradingwizard.com and also the disclosure at the end of this post)
Confirmed Trend
By default the indicator paints a pink (for downtrend confirmation) or blue (uptrend) arrow on a confirmed trend reversal after exhaustion of a prior trend.
The arrow paints in real time as the criteria is met of an exhausted trend on the third candle. Once the prior trend is exhausted (can happen with or without the crescent safety (or pay attention) symbols. The design of it can sometimes be late in an assets movement, but its meant to be a confirmed trend at that point.
Trend End
Additionally, after a confirmed trend beginning the indicator watches for weakness or a trend ending criteria match. When it identifies such, the indicator paints a pink or blue (depending on the direction) stop sign.
These trend endings can come in two forms, the indicator has realized trend exhaustion has occurred and is going to reverse very near, or it has identified weakness in capital exhaustion and paints the symbol to let you know the trend is either going to reverse, or chop. (sideways with no clear trend) Below is examples of when the indicator identified the weakness early in real time after a trend start confirmation.
As can be seen above the indicator confirmed an uptrend and then later identified weakness in the trend indicating an early termination before the risk line was hit. It is typically early (by design) but there is an option for a more aggressive trend ending. This has less confirmation protocols built in when enabled, I will explain that in the next section.
Aggressive Trend End
Seen in the link here is the Aggressive trend end option:
imgur.com
This option loosens the rules & parameters for a trend ending and gives a more aggressive view of a trend end. This is for aggressive analysts that would like a less confirmed trend ending.
Aggressive Unconfirmed Trend
Another option that can be enabled is Aggressive Trend arrows. In order to use this you must enable Aggressive Trend Ending:
imgur.com
What this option does is identify in real time early trends that are unconfirmed . You will get a lot of arrows painted with this option enabled but it is designed for analysts who take a more aggressive & unconfirmed approach to trading.
Conclusion
I wanted to create a more accurate and easy to use indicator for identifying exhaustion cycles, I believe this does so. That being said, it is extremely important to note as I did in the intro that this is an analysis tool, simply a piece to add to your analysis arsenal. Never rely on one piece of information for analysis as technical analysis is a complex art that requires many data inputs. This indicator can be used on all time frames with all tradable assets.
This indicator is available for TradingView users on my web site www.thetradingwizard.com for $99, that includes a life time subscription. Everybody that uses this indicator will get a private group class with it that I will schedule sometime next week (3/4/19-3/8/19) to explain various methods this can be used with analysis and answer any questions the users may have. If you purchase after those dates I will still send the class recording. Additionally I will be doing a public stream on my YouTube either tonight or tomorrow introducing this. Enjoy and trade safe!
www.thetradingwizard.com
Disclaimer
Nothing in this post is to be used or construed as financial advice. The indicator is not a signal generating indicator and should not be used to trade off of solely. This post is meant as an educational post to explain the functions of the indicator.
Trend Reversal Alert Hybrid [T.R.A.H]This is extention of a hybrid of AlPos-Trend-Highlighter with Peaks and Bottoms Detector from All Time Fibo Channel .
It is a visualizer of Reversal Points and Trend Lines for the series of a T-R.A.S strategies that are available in my scripts.
* Note : I ended up frustrated, I must say, because when I run my strategy it works perfect, but when I add this visualizer and turn it into strategy for some reason that is beyond of my understanding of pinescript, results are different. I tried everything I could, but in the end decided to make two separately working scripts that one is an indicator and the other one is a strategy. And it's working that way WTH!?!?!? for some reason in SPX lime and aqua lines showed displaced from candles, but when you use it on crypto seems working perfect. Might be a difference in data.. Anyway, please test and comment.
Trend Reversal Alerts Strategy [4H/3M]This is advanced version of T-R.A.S with better logic adapted for 4hour / 3month timeframes
Trend Reversal Alerts Strategy [Advanced]This is a hourly version of T-R.A.S
It's better for houry timeframes : 2h, 3h, 4h, 6h, 12h, 1d, 4d ; otherwise use version for weekly
Trend Reversal Alerts Strategy [lite]This strategy was created as experimental and after playing around with it, I was able to realize what is a good way to base your strategy on and what is not.
This one is most primitive way and you should not expect gains from it(it's best on the weekly btw).
Anyway, all my attempts to advance this strategy in the end gave me around 1%2% +Net Profit on the hourly timeframe and drastically reduced the Net Profit by 50% on the weekly, so I think it is a waste of my time, but if you feel like you have ideas to share with me, please feel free to comments below!
vwap-ma-strategy-v0.7This strategy was inspired by my Israeli fellow iAtiya.
I love it because it's my first pine v3 script that actually works.
Powerful with respect to it's simplicity.
AlPos-Trend-HighlighterAlPos TH
This tool was built to determine possible trend reversal points(use interval =1). Simple, but yet powerful due to the fact that you can turn his detection algorithm into a sequential highlighter(use interval >1). Also you can play with sources for the peaks/bottoms. 2 for the detector and the other 2 for the trend highlighter(be careful with this guys, because of those switches expressions that rely on candle’s color(for example if open>close or if open 1). Также вы можете играть с источниками для пиков/дна. 2 для детектора и другие 2 для тренд-маркера (будьте осторожны с этими ребятами из-за условий в выражениях переключателей, которые полагаются на цвет свечи (например, если открытие>закрытия или открытие<закрытия), поэтому советую - для тренда использовать всегда одинаковые источники), но в любом случае поиграйте с ним и решите сами, что вы думаете! Стили помогут вам установить ширину выделенной области. Нет дельта, да, я знаю ) ТОЛЬКО в этот раз
All Time Fibo ChannelThis is a configurable all time fibo channel with delta option and styles settings.