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3 Candle Continuation Pattern by Swappy# 3 Candle Momentum Pullback Setup ## 👤 Credits **Original Strategy:** Swappy Trading **Script Developer:** techmombasa **Version:** 1.0 Special thanks to Swappy for the original 3-candle setup concept and pattern rules. --- ## 📊 Overview This indicator identifies high-probability continuation setups based on a 3-candle pattern that combines strong momentum with controlled pullbacks. The strategy detects when price shows explosive directional movement followed by a shallow retracement that holds key levels, signaling potential continuation. ## 🎯 Pattern Logic ### Bullish Setup (Long Signal) **Candle 1 & 2:** Two consecutive strong bullish candles - Body must comprise ≥80% of the total candle range (minimal wicks) - This indicates aggressive buying with minimal rejection - Shows institutional accumulation and conviction **Candle 3:** Bearish pullback candle - Direction reverses (bearish) but strength is weak - **Critical Rule:** Must NOT close below the lows of candles 1 and 2 - Body size doesn't matter - focus is on where it closes - This is a healthy retest that holds support **Signal:** The pattern suggests bulls are still in control despite the pullback, creating a low-risk entry opportunity. ### Bearish Setup (Short Signal) **Candle 1 & 2:** Two consecutive strong bearish candles - Body must comprise ≥80% of the total candle range (minimal wicks) - Indicates aggressive selling with minimal buying pressure - Shows institutional distribution **Candle 3:** Bullish pullback candle - Direction reverses (bullish) but momentum is weak - **Critical Rule:** Must NOT close above the highs of candles 1 and 2 - Body size doesn't matter - focus is on where it closes - This is a failed bounce that respects resistance **Signal:** The pattern suggests bears remain in control, offering a low-risk short entry. ## 🔧 Indicator Features - **Visual Rectangles:** Automatically highlights detected setups with colored boxes - **Customizable Threshold:** Adjust body % requirement (default 80%) - **Color Customization:** Personalize bullish/bearish rectangle colors - **Triangle Markers:** Quick visual identification below/above bars - **Setup Labels:** "Bull" and "Bear" tags for clarity - **Alert System:** Set custom alerts for real-time notifications - **Debug Mode:** Display body percentages to verify pattern quality ## 📈 Best Timeframes - **Scalping:** 1min - 5min charts (higher frequency, more setups) - **Day Trading:** 15min - 1H charts (balanced risk-reward) - **Swing Trading:** 4H - Daily charts (fewer but higher quality setups) ## ⚠️ Important Notes - **TRADE AT YOUR OWN RISK** - This tool is for educational purposes only - This is a **continuation pattern** - works best in trending markets - Avoid during choppy/ranging conditions or major news events - The 80% body requirement filters out weak or indecisive candles - Always practice proper risk management - no indicator is 100% accurate - **Never risk more than 1-2% of your account** on a single trade - Backtest on your preferred instruments and timeframes before live trading - Paper trade first to understand the pattern before risking real capital ## 🎓 Psychology Behind The Pattern The pattern exploits a common market behavior: 1. **Strong move** (candles 1-2): Smart money enters aggressively 2. **Pullback** (candle 3): Weak hands take profit, creating temporary dip 3. **Continuation**: Smart money still holding, retail stops triggered, momentum resumes The key is that candle 3 shows the pullback is **controlled** - it doesn't break structure, indicating the original trend remains dominant. ## 📊 Settings Guide - **Body % Threshold (80-95%):** Higher = stricter filter, fewer signals - **Rectangle Colors:** Customize to match your chart theme - **Show Border:** Toggle rectangle outlines on/off - **Show Body %:** Debug mode to verify candle quality --- **⚠️ DISCLAIMER - PLEASE READ** This indicator is provided **FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY**. - **Trading involves substantial risk** and is not suitable for every investor. The valuation of financial instruments may fluctuate, and you may lose all or more than your original investment. - Past performance **does not guarantee future results**. No trading strategy or indicator is 100% accurate. - **You trade at your own risk.** The creator of this indicator is not responsible for any financial losses incurred from using this tool. - This is **NOT financial advice**. Always do your own research and consult with a licensed financial advisor before making trading decisions. - **Never risk more than you can afford to lose.** Always practice proper risk management. - Results may vary significantly depending on market conditions, timeframe, instrument, and individual trading decisions. By using this indicator, you acknowledge that you understand these risks and take full responsibility for your trading decisions. --- **Version:** 1.0 **Pine Script Version:** v6 **Chart Type:** Compatible with all chart types **Instruments:** Works on Forex, Crypto, Stocks, Indices, Commodities --- *Like this indicator? Please leave a rating and share your feedback! Your support helps improve future updates.* *Follow for more trading tools and strategies!*
Penunjuk Pine Script®
oleh techmombasa
[CT] ORB SuiteThis indicator is an Opening Range first tool that also includes an Initial Balance framework, breakout detection, and a full target and alerting package. It is designed to define a clean Opening Range at the start of the regular trading session and then turn that range into an actionable breakout structure by plotting the key levels, projecting measured targets, and visually confirming the exact breakout candle on your chart. The Opening Range component can be configured as either the first bar of the session or a true time-based duration, such as 1, 2, 5, 10, 15, 30 minutes, or 1 hour, which lets you standardize the opening structure across different chart timeframes without needing to “count bars.” As price prints during the Opening Range window, the script continuously updates the OR high and OR low, then locks those levels once the window closes so you have a stable reference for the rest of the session. The OR area can be shaded for quick visual recognition, and an optional OR midpoint line and label can be displayed to help you judge whether price is accepting above the middle of the range or failing back through it. Once the Opening Range is formed, the script upgrades the workflow by adding breakout qualification rules that you can control. You can choose confirmation based on a body cross, a close cross, or a close above or below the range boundary, which is a meaningful improvement over simple “touch” logic because it helps reduce false signals and makes the breakout trigger more consistent with how you actually trade. When a breakout is confirmed, the indicator can highlight the breakout candle itself so there is no ambiguity about which bar triggered the signal. You can highlight the candle body, the chart background, or both, and you can select separate colors for long and short breakouts. This makes chart review and live decision-making cleaner because you can immediately see where the breakout truly occurred instead of guessing between several candles that probed the level. The next major upgrade is the breakout target system. After a long breakout, targets are calculated as true multiples of the Opening Range size, starting from the OR high and projecting upward by the selected multiples. After a short breakout, targets are calculated from the OR low and projected downward by the same multiple logic. By default, the script supports four take-profit targets, TP1 through TP4, with sensible preset multiples that step outward in a structured way, but you can customize each multiple to match your instrument and style. This target system is a practical enhancement because it provides objective, range-based profit-taking levels that align with common intraday expansion behavior rather than arbitrary fixed tick offsets. You also get full control over whether the target lines and labels appear only after a breakout triggers, which keeps the chart clean and prevents “pre-biasing,” or whether you want to see projected targets in both directions before the breakout occurs for planning and scenario mapping. In addition, the target hit detection is configurable so you can decide whether a target is considered “hit” by a simple high or low touch or only after a close crosses the target, which is important for traders who want stricter confirmation and cleaner backtesting logic. Beyond the OR and targets, the indicator includes a complete Initial Balance module as an additional layer of structure. The IB duration is selectable and independent, and the script can plot IB high, IB low, and an optional IB midpoint, with optional fill shading to make the balance area obvious. A key upgrade here is the ability to base the breakout targets on either the Opening Range or the Initial Balance. This means you can run a pure OR breakout playbook, a pure IB breakout playbook, or compare both structures on the same session without changing indicators. This flexibility matters because OR breakouts tend to be more sensitive and earlier, while IB-based levels often better reflect the session’s early balance and can produce more stable expansion targets. Another major improvement is the history and session management. The script can freeze all drawings at the end of the session so lines and fills do not incorrectly extend into the next day, and it can optionally keep a configurable amount of history, such as the last 20 sessions, so you can study how price reacts to prior OR and IB structures. You also have control over whether IB should be included in that stored history, which helps if you want a cleaner chart while still retaining the OR context. To support different chart themes and personal preferences, label styling is expanded with controls for label background colors, text colors, transparency, and horizontal offsets, so the levels remain readable without covering price action. Finally, the alerting system is upgraded into a full set of actionable events. The indicator can generate alerts for session open and session close, for the moment the Initial Balance forms, for the moment the Opening Range forms, for long and short breakouts, and for each target hit from TP1 through TP4. Alerts can be used in standard alertcondition form or as dynamic alert() calls that include price-filled messages, which is a practical enhancement for traders who want their phone or desktop notifications to contain the exact level values rather than generic labels. This script is a derivative work built on the original Initial Balance foundation authored by © czoa under the Mozilla Public License 2.0, with extensive additions and improvements by © ChaosTrader63 to expand it into a complete Opening Range and Initial Balance breakout suite. The core upgrades are the configurable time-based Opening Range, breakout candle highlighting, multi-target measured range projections through TP4 with optional pre-projection behavior, stricter breakout confirmation modes, target hit rules, richer history controls, stronger label customization, and a comprehensive alert system that turns the session structure into a usable trade planning and execution framework directly on TradingView.
Penunjuk Pine Script®
oleh ChaosTrader63
2
Binary Options Strategy 1-5-15-30-90 Sec & Min [TradingFinder]🔵 Introduction Market behavior is not defined by randomness, but by order positioning, structural pressure, and directional imbalance. Every expansion or rejection in price is the result of how the market distributes orders around critical structural areas. These reactions become visible only when price reaches zones where participation and exposure are at their highest. Price naturally migrates toward areas of unfinished business, levels where previous moves left behind unfilled orders or weak structure. When these areas are reached, the market often produces a temporary structural violation, creating the appearance of continuation while internally transitioning to the opposite side. These brief violations are not failures of structure; they are transitional events. Their purpose is to exhaust one side of the market, absorb remaining orders, and prepare price for a directional response. Once this process is complete, price tends to react sharply as balance is restored and a new directional phase begins. Reactions frequently originate from price inefficiencies and institutional positioning zones, where rapid movement previously occurred without sufficient interaction. When price revisits these areas after a structural trap, it often delivers decisive and controlled responses. This screener is designed to detect these transition moments, when structural pressure, order absorption, and directional intent align. By isolating these conditions across multiple symbols, it converts complex market mechanics into clear, actionable structural signals, allowing traders to focus on moments where price behavior reflects intention rather than noise. Bullish Signal : Bearish Signal : 🔵 How to Use This screener is built to identify structural reaction points where the market completes a directional phase and begins a new one. Instead of tracking price continuously, it scans for moments when pressure, exhaustion, and response converge at key structural locations. The output of the screener should be treated as a filter, not a final decision. Each flagged symbol highlights a scenario where price behavior suggests a potential directional response. Traders are expected to confirm context, execution timing, and risk parameters on the chart before entering a position. 🟣 Long Setup A bullish scenario is detected when price transitions from a downward phase into an area where sell pressure weakens and absorption occurs. This typically happens after price extends below recent structural lows, reaching a zone where downside continuation becomes inefficient. In this region, price often shows signs of failed continuation. The market temporarily pushes lower but lacks follow-through, indicating that selling interest is being absorbed. Shortly after, price stabilizes and begins to react upward from a structurally sensitive area. When the screener identifies this sequence, downward expansion, structural failure, and upward reaction, it flags the symbol as a potential long opportunity. This condition reflects a shift from distribution to accumulation, where downside momentum is exhausted and buying pressure starts to dominate. For execution-based strategies, the optimal entry usually occurs shortly after the market confirms the reaction and begins to move away from the structural zone. 🟣 Short Setup A bearish scenario is detected when price advances into an area where buy pressure becomes overstretched and upward continuation loses efficiency. This often occurs after price trades above recent structural highs, entering a zone where aggressive buying is met with strong opposing interest. In these areas, price frequently produces a temporary expansion higher followed by hesitation or rejection. The inability to sustain movement above the level signals that buying momentum is being absorbed and that the market is preparing for a directional shift. When the screener detects upward extension followed by structural weakness and downside response, it flags the symbol as a potential short opportunity. This setup represents a transition from accumulation to distribution, where control shifts from buyers to sellers. The most effective execution window typically appears immediately after price confirms rejection and starts moving away from the upper structural zone, as reactions tend to be fast and decisive once the transition completes. 🔵 Settings Swing Period : Determines how many candles are used to identify structural turning points such as swing highs and swing lows. Higher values increase accuracy but reduce the number of signals. Signal Type : Specifies the type of signal generated by the indicator. The option All shows every signal, Main Signal displays only the primary one, and Alternative Signal produces a secondary signal that appears one candle after the main signal for additional confirmation. Candle Pattern : Enables candle pattern logic for reversal confirmation. When active, the indicator issues a signal only when a valid candle formation confirms the market reaction. Candle LookBack Check : Verifies that the last few candles move in the opposite direction of the signal to be generated. This condition acts as a confirmation filter, ensuring that the signal appears only after a clear counter-move in price. Last Candle Direction : Considers the direction of the most recent candle in the analysis. It helps determine whether the final candle moves with or against the current trend. Last Candle Shadow Ratio : Sets the ratio between the last candle’s wick and body to refine confirmation accuracy. Higher values require longer wicks, indicating stronger rejection and a more reliable reversal pattern. Table on Chart : This setting enables or disables the on chart screener table. When enabled, the table displays signal status, correlation information, and symbol data directly on the chart. When disabled, the chart remains clean with no table overlay. Number of Symbols : This option controls how many symbol pairs are displayed in the screener table. Users can choose between four or six pairs depending on screen size and personal preference. Table Size : This setting adjusts the visual scale of the screener table. Smaller sizes are suitable for minimal layouts, while larger sizes improve readability when monitoring multiple pairs simultaneously. Table Mode : This setting offers two layout styles for the signal table. Basic mode displays symbols in a single vertical column, using more vertical space and providing straightforward readability. Extended mode arranges symbols in pairs side by side, optimizing screen space with a more compact and efficient layout. Table Position : This option defines where the screener table is placed on the chart. The table can be positioned in any corner or central area to avoid overlapping with price action or other indicators. 🔵 Conclusion Markets move through a continuous cycle of expansion, exhaustion, and response. Understanding this cycle requires more than observing price direction; it demands recognizing where pressure builds, where it fails, and where control shifts from one side of the market to the other. This screener is designed to isolate those moments of transition. By filtering symbols based on structural interaction, absorption, and reaction, it highlights situations where price behavior reflects intentional movement rather than random fluctuation. Instead of reacting to every candle or chasing momentum, traders can use this tool to focus on selective, high-quality scenarios where directional probability improves due to completed structural processes. The true value of this screener lies in its ability to reduce noise, compress complex market mechanics into actionable signals, and support disciplined decision-making. When used with proper context and risk control, it becomes a powerful framework for identifying moments when the market reveals its next directional phase. Consistency with this approach comes not from frequency, but from patience, confirmation, and a clear understanding of how price transitions between phases. Those who learn to wait for these transitions gain a significant advantage in reading and responding to market behavior.
Penunjuk Pine Script®Skrip berbayar
oleh TFlab
2
Asset Liquidity Meter by Funded RelayAsset Liquidity Meter by Funded Relay This indicator estimates the liquidity of any asset by calculating the volume traded per unit of price movement (volume / (high - low)). Higher values generally indicate better liquidity (more volume in a smaller price range → easier to enter/exit positions with less slippage). Lower values suggest thinner liquidity (higher risk of price impact and volatility). The indicator displays: • Histogram: raw liquidity per bar (green = above SMA, red = below SMA) • SMA line: smoothed liquidity trend • Real-time info table in the top-right corner • Built-in alert conditions How to Use – Step by Step 1. Adding the Indicator - Open any chart on TradingView - Click the "Indicators" button at the top - Search for "Asset Liquidity Meter v6" (or find it in Community Scripts / My Scripts) - Click to add it to the chart - It will appear in a separate pane below the price chart 2. Customizing Settings Double-click the indicator name in the pane (or right-click → Settings): • SMA Length (default: 14) - Controls the smoothing period of the liquidity trend line - Smaller values (5–10) → more responsive, good for intraday/scalping - Larger values (20–50) → smoother trend, better for swing/position trading • Epsilon (default: 0.00000001) - Tiny value that prevents division-by-zero errors on flat bars (high = low) - Almost never needs to be changed • Colors - High Liquidity Color: histogram bars when liquidity > SMA - Low Liquidity Color: histogram bars when liquidity < SMA - SMA Line Color: color of the smoothed trend line • Show Alert Conditions in Menu - Keep enabled (true) to see the built-in alert options when creating alerts 3. Reading & Interpreting the Indicator • Histogram Bars (Raw Liquidity) - Height = amount of volume per unit of price range - Tall bars = high liquidity (market is "thick") - Short bars = low liquidity (market is "thin") - Green = current liquidity is stronger than the average (SMA) - Red = current liquidity is weaker than the average • Blue SMA Line - Shows the average liquidity over the selected period - Rising line → liquidity improving (more participants, easier trading) - Falling line → liquidity decreasing (thinner market, caution advised) • Info Table (top-right corner) - Displays current raw liquidity, SMA value, and status ("High Liquidity" / "Low Liquidity") - Updates in real-time on the last bar • Zero Line (dotted gray) - Visual reference — everything above zero is positive liquidity 4. Practical Trading Applications • High Liquidity Zones (green bars + rising SMA) - Favorable conditions for entering or scaling into positions - Lower expected slippage - Better for large orders • Low Liquidity Zones (red bars + falling SMA) - Higher risk of slippage and exaggerated price moves - Consider smaller position sizes or waiting for better conditions - Common during session opens/closes, holidays, or low-volume periods • Crossovers - Liquidity crossing above SMA → potential increase in market participation - Liquidity crossing below SMA → potential drying up of interest 5. Setting Up Alerts 1. Right-click on the chart → "Add Alert" 2. In "Condition", select "Asset Liquidity Meter v6" 3. Choose one of the available alert conditions: - Liquidity ↑ Crosses Above SMA - Liquidity ↓ Crosses Below SMA - Very High Liquidity (2× SMA) - Very Low Liquidity (<30% SMA) 4. Set frequency (Once Per Bar Close is usually best) 5. Configure notification (email, popup, sound, webhook, etc.) 6. Create the alert 6. Tips for Best Results • Works on all markets: stocks, forex, crypto, futures, indices • Best on timeframes with meaningful volume data (5 min and higher usually give clearest signals) • Compare liquidity across different assets or timeframes using multiple charts • Combine with support/resistance, volume profile or order flow tools for confirmation • Not a standalone signal — use in context with your overall strategy Limitations & Notes • This is an estimation based on OHLCV data — it does not show real order book depth • Results vary significantly between centralized exchanges, brokers and instruments • Zero-volume bars will show zero liquidity (expected behavior) Enjoy safer and more informed trading! Questions or suggestions? Feel free to comment below.
Penunjuk Pine Script®
oleh FundedRelay
ORB + Smart Level Manager [FINAL V9.2 - CD Universal Cycle]Professional Intraday Level Manager for Indian Indices: Overview Index Smart Levels is a comprehensive technical suite designed for Nifty 50, Bank Nifty, and Sensex traders. Unlike standard pivot indicators, this script uses a mathematical "ladder" logic and multi-timeframe ORB analysis to identify high-probability institutional support and resistance zones. 🚀 Key Features Bulletproof Stability Logic (6HR Auto-Hold): Engineered to handle special trading sessions (like Muhurat or Budget days). The script locks strikes to the previous settlement price and only "flips" to new data 6 hours after market close (09:30 PM IST), ensuring your levels remain static and updates the revised settlement price reliable during live trading. Mathematical T & L Series Ladders: Uses ORB to project dynamic "Target" (T) and "Level" (L) series support/resistance lines. Sure targets. Shows only current day. Hybrid Option Cross-Plotting: Automatically detects the correct ATM strike for both CALL and PUT, which will decide the market moving levels and shown as dashed reference lines. This concept works most efficiently. Smart Market Status Table: A real-time dashboard tracking Trend (Day/2H/1H/15M), RSI, ADX Trend Strength, SMC (Break of Structure), and Momentum in one compact view. It will show in first 15 mins, whether the market is trending bullish/bearish or Range. 📖 How to Use Opening Range: Watch for price action relative to ORB. Mostly MID lines will confirm the direction, if the first 15 mins is above MID then it may be bullish then watch for the Targets and if the first 15 mins is below MID then it may be bearish then watch for the negative Targets. Side ways, refer to day trend status in the market status table for trending or range. Ladder Targets: Use the T-Series for short-term scalp targets and the L-Series for major intraday reversals. if the Target lines been broken strongly then it will reach next target for sure except, if L series lines are not before the target lines. Even market can go multiple targets, this script will automatically show the next targets/levels. Cross-Plot Confirmation: Use the dashed purple/red/green lines to see where the market is trapped or finding strength. If any Low has been broken then it has high probability to reach or break the high.
Penunjuk Pine Script®
oleh balastockz
Seasonality (Prev Month Close Expected)Seasonality Indicator This indicator shows how an asset has historically behaved during each calendar month. It highlights the typical price direction and strength for the current month based on long-term seasonal patterns. The projected zone on the chart represents the average historical outcome for the ongoing month, allowing traders to quickly see whether current price action is developing in line with, above, or below its usual seasonal behavior. A heatmap summarizes monthly performance across years, making recurring strong and weak periods easy to identify. Vladimir Popdimitrov
Penunjuk Pine Script®
oleh Market_Atlas
Seasonax Pro PopdimitrovThis indicator studies how an asset has historically behaved during each calendar month and uses that information to frame expectations for the current month. When a new month begins, it anchors the analysis to the confirmed closing price of the previous month and compares the current month to all past occurrences of the same month. Based on this long-term seasonal behavior, the indicator projects an expected price zone for the ongoing month, showing where price would typically end if it follows its historical monthly pattern. The projection is visualized directly on the chart, making it easy to see whether current price action is developing above, below, or in line with seasonal norms. The accompanying heatmap highlights monthly tendencies across years, helping traders identify recurring strengths, weaknesses, and consistency in seasonal performance. Vladimir Popdimitrov
Penunjuk Pine Script®
oleh Market_Atlas
Volume Profile Skew [BackQuant]Volume Profile Skew Overview Volume Profile Skew is a market-structure indicator that answers a specific question most volume profiles do not: “Is volume concentrating toward lower prices (accumulation) or higher prices (distribution) inside the current profile range?” A standard volume profile shows where volume traded, but it does not quantify the shape of that distribution in a single number. This script builds a volume profile over a rolling lookback window, extracts the key profile levels (POC, VAH, VAL, and a volume-weighted mean), then computes the skewness of the volume distribution across price bins. That skewness becomes an oscillator, smoothed into a regime signal and paired with visual profile plotting, key level lines, and historical POC tracking. This gives you two layers at once: A full profile and its important levels (where volume is). A skew metric (how volume is leaning within that range). What this indicator is based on The foundation comes from classical “volume at price” concepts used in Market Profile and Volume Profile analysis: POC (Point of Control): the price level with the highest traded volume. Value Area (VAH/VAL): the zone containing the bulk of activity, commonly 70% of total volume. Volume-weighted mean (VWMP in this script): the average price weighted by volume, a “center of mass” for traded activity. Where this indicator extends the idea is by treating the volume profile as a statistical distribution across price. Once you treat “volume by price bin” as a probability distribution (weights sum to 1), you can compute distribution moments: Mean: where the mass is centered. Standard deviation: how spread-out it is. Skewness: whether the distribution has a heavier tail toward higher or lower prices. This is not a gimmick. Skewness is a standard statistic in probability theory. Here it is applied to “volume concentration across price”, not to returns. Core concept: what “skew” means in a volume profile Imagine a profile range from Low to High, split into bins. Each bin has some volume. You can get these shapes: Balanced profile: volume is fairly symmetric around the mean, skew near 0. Bottom-heavy profile: more volume at lower prices, with a tail toward higher prices, skew tends to be positive. Top-heavy profile: more volume at higher prices, with a tail toward lower prices, skew tends to be negative. In this script: Positive skew is labeled as ACCUMULATION. Negative skew is labeled as DISTRIBUTION. Near-zero skew is NEUTRAL. Important: accumulation here does not mean “buying will immediately pump price.” It means the profile shape suggests more participation at lower prices inside the current lookback range. Distribution means participation is heavier at higher prices. How the volume profile is built 1) Define the analysis window The profile is computed on a rolling window: Lookback Period: number of bars included (capped by available history). Profile Resolution (bins): number of price bins used to discretize the high-low range. The script finds the highest high and lowest low in the lookback window to define the price range: rangeHigh = highest high in window rangeLow = lowest low in window binSize = (rangeHigh - rangeLow) / bins 2) Create bin midpoints Each bin gets a midpoint “price” used for calculations: price = rangeLow + binSize * (b + 0.5) These midpoints are what the mean, variance, and skewness are computed on. 3) Distribute each candle’s volume into bins This is a key implementation detail. Real volume profiles require tick-level data, but Pine does not provide that. So the script approximates volume-at-price using candle ranges: For each bar in the lookback: Determine which bins its low-to-high range touches. Split that candle’s total volume evenly across the touched bins. So if a candle spans 6 bins, each bin gets volume/6 from that bar. This is a practical, consistent approximation for “where trading could have occurred” inside the bar. This approach has tradeoffs: It does not know where within the candle the volume truly traded. It assumes uniform distribution across the candle range. It becomes more meaningful with larger samples (bigger lookback) and/or higher timeframes. But it is still useful because the purpose here is the shape of the distribution across the whole window, not exact microstructure. Key profile levels: POC, VAH, VAL, VWMP POC (Point of Control) POC is found by scanning bins and selecting the bin with maximum volume. The script stores: pocIndex: which bin has max volume poc price: midpoint price of that bin Value Area (VAH/VAL) using 70% volume The script builds the value area around the POC outward until it captures 70% of total volume: Start with the POC bin. Expand one bin at a time to the side with more volume. Stop when accumulated volume >= 70% of total profile volume. Then: VAL = rangeLow + binSize * lowerIdx VAH = rangeLow + binSize * (upperIdx + 1) This produces a classic “where most business happened” zone. VWMP (Volume-Weighted Mean Price) This is essentially the center of mass of the profile: VWMP = sum(price * volume ) / totalVolume It is similar in spirit to VWAP, but it is computed over the profile bins, not from bar-by-bar typical price. Skewness calculation: turning the profile into an oscillator This is the main feature. 1) Treat volumes as weights For each bin: weight = volume / totalVolume Now weights sum to 1. 2) Compute weighted mean Mean price: mean = sum(weight * price ) 3) Compute weighted variance and std deviation Variance: variance = sum(weight * (price - mean)^2) stdDev = sqrt(variance) 4) Compute weighted third central moment Third moment: m3 = sum(weight * (price - mean)^3) 5) Standardize to skewness Skewness: rawSkew = m3 / (stdDev^3) This standardization matters. Without it, the value would explode or shrink based on profile scale. Standardized skewness is dimensionless and comparable. Smoothing and regime rules Raw skewness can be jumpy because: profile bins change as rangeHigh/rangeLow shift, one high-volume candle can reshape the distribution, volume regimes change quickly in crypto. So the indicator applies EMA smoothing: smoothedSkew = EMA(rawSkew, smooth) Then it classifies regime using fixed thresholds: Bullish (ACCUMULATION): smoothedSkew > +0.25 Bearish (DISTRIBUTION): smoothedSkew < -0.25 Neutral: between those values Signals are generated on threshold cross events: Bull signal when smoothedSkew crosses above +0.25 Bear signal when smoothedSkew crosses below -0.25 This makes the skew act like a regime oscillator rather than a constantly flipping color. Volume Profile plotting modes The script draws the profile on the last bar, using boxes for each bin, anchored to the right with a configurable offset. The width of each profile bar is normalized by max bin volume: volRatio = binVol / maxVol barWidth = volRatio * width Three style modes exist: 1) Gradient Uses a “jet-like” gradient based on volRatio (blue → red). Higher-volume bins stand out naturally. Transparency increases as volume decreases, so low-volume bins fade. 2) Solid Uses the current regime color (bull/bear/neutral) for all bins, with transparency. This makes the profile read as “structure + regime.” 3) Skew Highlight Highlights bins that match the skew bias: If skew bullish, emphasize lower portion of profile. If skew bearish, emphasize higher portion of profile. Else, keep most bins neutral. This is a visual “where the skew is coming from” mode. Historical POC tracking and Naked POCs This script also treats POCs as meaningful levels over time, similar to how traders track old VA levels. What is a “naked POC”? A “naked POC” is a previously formed POC that has not been revisited (retested) by price since it was recorded. Many traders watch these as potential reaction zones because they represent prior “maximum traded interest” that the market has not re-engaged with. How this script records POCs It stores a new historical POC when: At least updatebars have passed since the last stored POC, and The POC has changed by at least pochangethres (%) from the last stored value. New stored POCs are flagged as naked by default. How naked becomes tested On each update, the script checks whether price has entered a small zone around a naked POC: zoneSize = POC * 0.002 (about 0.2%) If bar range overlaps that zone, mark it as tested (not naked). Display controls: Highlight Naked POCs: draws and labels untested POCs. Show Tested POCs: optionally draw tested ones in a muted color. To avoid clutter, the script limits stored POCs to the most recent 20 and avoids drawing ones too close to the current POC. On-chart key levels and what they mean When enabled, the script draws the current lookback profile levels on the price chart: POC (solid): the “most traded” price. VAH/VAL (dashed): boundaries of the 70% value area. VWMP (dotted): volume-weighted mean of the profile distribution. Interpretation framework (practical, not mystical): POC often behaves like a magnet in balanced conditions. VAH/VAL define the “accepted” area, breaks can signal auction continuation. VWMP is a fair-value reference, useful as a mean anchor when skew is neutralizing. Oscillator panel and histogram The skew oscillator is plotted in a separate pane: Line: smoothedSkew, colored by regime. Histogram: smoothedSkew as bars, colored by sign. Fill: subtle shading above/below 0 to reinforce bias. This makes it easy to read: Direction of bias (positive vs negative). Strength (distance from 0 and from thresholds). Transitions (crosses of ±0.25). Info table: what it summarizes On the last bar, a table prints key diagnostics: Current skew value (smoothed). Regime label (ACCUMULATION / DISTRIBUTION / NEUTRAL). Current POC, VAH, VAL, VWMP. Count of naked POCs still active. A simple “volume location” hint (lower/higher/balanced). This is designed for quick scanning without reading the entire profile. Alerts The indicator includes alerts for: Skew regime shifts (cross above +0.25, cross below -0.25). Price crossing above/below current POC. Approaching a naked POC (within 1% of any active naked POC). The “approaching naked POC” alert is useful as a heads-up that price is entering a historically important volume magnet/reaction zone. How to use it properly 1) Regime filter Use skew regime to decide what type of trades you should prioritize: ACCUMULATION (positive skew): market activity is heavier at lower prices, pullbacks into value or below VWMP often matter more. DISTRIBUTION (negative skew): activity is heavier at higher prices, rallies into value or above VWMP often matter more. NEUTRAL: mean-reversion and POC magnet behavior tends to dominate. This is not “buy when green.” It is context for what the auction is doing. 2) Level-based execution Combine skew with VA/POC levels: In neutral regimes, expect rotations around POC and inside VA. In strong skew regimes, watch for acceptance away from POC and reactions at VA edges. 3) Naked POCs as targets and reaction zones Naked POCs can act like unfinished business. Common workflows: As targets in rotations. As areas to reduce risk when price is approaching. As “if it breaks cleanly, trend continuation” markers when price returns with force. Parameter tuning guidance Lookback Controls how “local” the profile is. Shorter: reacts faster, more sensitive to recent moves. Longer: more stable, better for swing context. Bins Controls resolution of the profile. Higher bins: more detail, more computation, more sensitive profile shape. Lower bins: smoother, less detail, more stable skew. Smoothing Controls how noisy the skew oscillator is. Higher smoothing: fewer regime flips, slower response. Lower smoothing: more responsive, more false transitions. POC tracking settings Update interval and threshold decide how many historical POCs you store and how different they must be. If you set them too loose, you will spam levels. If too strict, you will miss meaningful shifts. Limitations and what not to assume This indicator uses candle-range volume distribution because Pine cannot see tick-level volume-at-price. That means: The profile is an approximation of where volume could have traded, not exact tape data. Skew is best treated as a structural bias, not a precise signal generator. Extreme single-bar events can distort the distribution briefly, smoothing helps but cannot remove reality. Summary Volume Profile Skew takes standard volume profile structure (POC, Value Area, volume-weighted mean) and adds a statistically grounded measure of profile shape using skewness. The result is a regime oscillator that quantifies whether volume concentration is leaning toward lower prices (accumulation) or higher prices (distribution), while also plotting the full profile, key levels, and historical naked POCs for actionable context.
Penunjuk Pine Script®
oleh BackQuant
2
LC crypto Hybrid Ribbon v5 A+ Auto by Symbol Signals and AlertsA hybrid trend + retest trading indicator designed for crypto scalping and intraday trading. This script combines a multi-EMA ribbon for trend direction, higher-timeframe confirmation, and a 15-minute break & retest model to highlight high-probability A+ entries. Core Features Color-changing EMA ribbon to visualize bullish vs bearish trend Auto-tuned retest tolerance by symbol (BTC, ETH, SOL, BNB, LINK, XRP) Optional 4H higher-timeframe trend filter 15-minute break above/below anchor EMA to arm setups Anchor EMA retest + rejection for precise entries Clear BUY / SELL labels and optional arrows Ribbon area fill to visually confirm trend strength Best Use Works well on lower timeframes (1m–15m) for entries while using HTF confirmation for directional bias. Disclaimer For educational purposes only. Always manage risk and confirm with price action.
Penunjuk Pine Script®
oleh leswin_trades
Smart money PSP with color themesPSP with Color Themes — Price Strength Parity Indicator PSP with Color Themes is a visual correlation indicator designed to detect Price Strength Parity (PSP) between the current chart symbol and a reference symbol. It highlights candles where price behavior between two correlated instruments diverges or aligns, which is often used in SMT (Smart Money Technique) and intermarket analysis. The indicator works directly on the chart and colors candles when a PSP condition is detected, using flexible and customizable color themes. 📌 What Is PSP (Price Strength Parity)? PSP identifies situations where two correlated assets: Move in opposite directions → Direct PSP (classic SMT divergence) Move in the same direction → Inverse PSP (confirmation mode) Such behavior often precedes: Reversals Continuations Liquidity grabs Market structure shifts ⚙️ Indicator Inputs Reference Symbol Defines the second asset used for comparison (e.g., ETHUSDT vs BTCUSDT). Purpose: To detect relative strength or weakness between two correlated markets. Inverse Correlation Mode Inverse Correlation Mode (true / false) Allows switching between divergence-based and confirmation-based analysis. Color Theme Available presets: Green / Red Blue / Orange Purple / Yellow Teal / Pink Custom Purpose: Adapts the indicator visually to different chart styles and backgrounds. 📈 How to Use in Trading Typical use cases: SMT divergence detection Intermarket confirmation Reversal timing Liquidity sweep context SMC / ICT models Recommended combinations: Market Structure (BOS / CHoCH) Fair Value Gaps Liquidity levels Session highs /lows ⚠️ Important Notes PSP is context-based, not a standalone entry system Best results on correlated markets: BTC / ETH Indices (ES / NQ / YM) FX pairs (EURUSD / DXY)
Penunjuk Pine Script®
oleh crypto_daytrade
TA Universal Strategy 3.0TA Universal Strategy 3.0 is a simple, price action–based trading indicator designed to help traders plan their trades clearly. The indicator shows ready-made Entry Models that automatically mark entry, stop loss, and take profit areas using a selected price range. This helps traders see where to enter and where to exit without guessing. It is built to keep the chart clean and easy to understand, focusing on structure and risk instead of complicated indicators.
Penunjuk Pine Script®
oleh Technical_Analysis_InstituteBD
ADR**Overview** This indicator displays the **Average Daily Range (ADR)** and **ADR Percentage** in a customizable table on your chart. While the standard ATR (Average True Range) is a popular metric for volatility, it accounts for price gaps (e.g., overnight moves). **ADR**, on the other hand, strictly measures the average distance between the **High** and **Low** of price bars, completely ignoring gaps. **Why use ADR instead of ATR?** * **Day Trading:** For intraday traders (Forex, Crypto, Futures), ADR is often preferred because it calculates the "tradable" range of the day. It answers the question: *"On average, how much does this asset move from High to Low?"* * **Target Setting:** ADR is excellent for projecting daily highs and lows. If price has already moved 100% of its ADR, the statistical probability of further extension decreases. * **Pure Volatility:** It filters out the noise of overnight gaps to show pure intraday volatility. **Calculation Logic** * **ADR:** Calculated using a Simple Moving Average (SMA) of the `High - Low` range over the specified length. * Formula: `SMA(High - Low, Length)` * **ADR%:** Shows the ADR relative to the current price. * Formula: `(ADR / Current Close) * 100` **Features** * **Clean Dashboard:** A minimalist table displays the ADR value and the ADR %. * **Customizable:** You can change the calculation length (default is 14) and move the table to any corner of the chart (Top/Bottom, Left/Right) to fit your workspace. **Settings** * **ADR Length:** The lookback period for the average (Default: 14). * **Display Position:** Choose where the table appears on your screen.
Penunjuk Pine Script®
oleh echanxyz
Smart Money Structure FilterEnglish Description Overview Smart Money Structure Analyzer is a professional trading tool that implements Smart Money Concepts (SMC) to identify key market structure shifts, Break of Structure (BOS), and Change of Character (CHoCH) patterns. This indicator helps traders follow the "smart money" flow by detecting institutional order flow patterns on any timeframe. Key Features Swing Point Detection - Identifies significant highs and lows using fractal-based logic Market Structure Analysis - Classifies market conditions as Uptrend, Downtrend, or Consolidation Break of Structure (BOS) - Detects when price breaks key structural levels Change of Character (CHoCH) - Identifies potential trend reversals Mitigation Levels - Shows potential retracement targets after structure breaks How It Works The indicator analyzes price action through several layers: Swing Detection Algorithm Uses a configurable swing period (3-21 bars) Identifies valid swing highs and lows that are confirmed by surrounding price action Stores the last 20 swings for structure analysis Structure Determination Uptrend: Higher Highs (HH) + Higher Lows (HL) Downtrend: Lower Lows (LL) + Lower Highs (LH) Consolidation: Mixed structure or ranging market Break of Structure (BOS) Logic Bearish BOS: Price closes below the last confirmed Higher Low (HL) Bullish BOS: Price closes above the last confirmed Lower High (LH) Change of Character (CHoCH) Logic Bearish CHoCH: After a bearish BOS, price forms a Lower Low (confirms trend reversal) Bullish CHoCH: After a bullish BOS, price forms a Higher High (confirms trend reversal) Mitigation Levels Calculates potential retracement levels after BOS (typically ±0.2% from broken structure) Visual Elements Fractals: Swing points (optional display) Structure Lines: Last Higher Low (blue) and Last Lower High (purple) BOS Signals: Triangles marking structure breaks CHoCH Signals: Circles confirming trend changes Mitigation Levels: Dotted orange lines for potential retracements Info Label: Real-time structure status and key levels Alerts The indicator provides alerts for: Break of Structure (BOS) events Change of Character (CHoCH) confirmations Settings Swing Period: Sensitivity of swing detection (default: 3) Show Fractals: Toggle swing point markers Show Structure Lines: Display key structure levels Show Break of Structure: Display BOS signals Show Change of Character: Display CHoCH signals Show Mitigation Levels: Display retracement levels Best Practices Use on higher timeframes (1H+) for more reliable signals Combine with volume analysis for confirmation Wait for CHoCH confirmation before entering trades Use mitigation levels as potential entry zones Русское описание Обзор Smart Money Structure Analyzer - профессиональный торговый инструмент, реализующий концепции Smart Money (SMC) для определения ключевых сдвигов рыночной структуры, Break of Structure (BOS) и Change of Character (CHoCH). Индикатор помогает отслеживать поток "умных денег", выявляя паттерны институционального ордерного потока на любом таймфрейме. Ключевые возможности Определение свингов - Выявляет значимые максимумы и минимумы с помощью фрактальной логики Анализ структуры рынка - Классифицирует состояние рынка: Восходящий тренд, Нисходящий тренд или Консолидация Break of Structure (BOS) - Обнаружение пробития ключевых уровней структуры Change of Character (CHoCH) - Определение потенциальных разворотов тренда Уровни митигации - Показывает потенциальные цели отката после пробоя структуры Принцип работы Индикатор анализирует ценовое действие через несколько уровней: Алгоритм определения свингов Использует настраиваемый период свинга (3-21 свечи) Определяет валидные максимумы и минимумы, подтвержденные окружающим движением цены Сохраняет последние 20 свингов для анализа структуры Определение структуры Восходящий тренд: Higher Highs (HH) + Higher Lows (HL) Нисходящий тренд: Lower Lows (LL) + Lower Highs (LH) Консолидация: Смешанная структура или флет Логика Break of Structure (BOS) Медвежий BOS: Цена закрывается ниже последнего Higher Low (HL) Бычий BOS: Цена закрывается выше последнего Lower High (LH) Логика Change of Character (CHoCH) Медвежий CHoCH: После медвежьего BOS формируется Lower Low (подтверждает разворот) Бычий CHoCH: После бычьего BOS формируется Higher High (подтверждает разворот) Уровни митигации Расчет потенциальных уровней отката после BOS (обычно ±0.2% от сломанной структуры) Визуальные элементы Фракталы: Точки свингов (опционально) Линии структуры: Последний Higher Low (синий) и последний Lower High (фиолетовый) Сигналы BOS: Треугольники, отмечающие пробой структуры Сигналы CHoCH: Круги, подтверждающие изменение тренда Уровни митигации: Пунктирные оранжевые линии для потенциальных откатов Инфо-метка: Статус структуры и ключевые уровни в реальном времени Оповещения Индикатор предоставляет алерты для: Событий Break of Structure (BOS) Подтверждений Change of Character (CHoCH) Настройки Период свинга: Чувствительность определения свингов (по умолчанию: 3) Показывать фракталы: Включение/выключение маркеров свингов Показывать линии структуры: Отображение ключевых уровней структуры Показывать Break of Structure: Отображение сигналов BOS Показывать Change of Character: Отображение сигналов CHoCH Показывать уровни митигации: Отображение уровней отката Рекомендации по использованию Используйте на старших таймфреймах (1H+) для более надежных сигналов Комбинируйте с анализом объема для подтверждения Ждите подтверждения CHoCH перед входом в сделку Используйте уровни митигации как потенциальные зоны входа Технические особенности Максимальное количество меток: 500 Работает на любых таймфреймах Не перерисовывает прошлые сигналы Эффективно использует ресурсы благодаря ограничению хранения свингов Индикатор предназначен для трейдеров, работающих с Price Action и концепциями Smart Money, и помогает систематизировать анализ рыночной структуры в соответствии с подходами институциональных трейдеров.
Penunjuk Pine Script®
oleh crypto_daytrade
Binary Options Signals Provider M1-H4 [TradingFinder]🔵 Introduction Binary Options trading is highly sensitive to timing, precision, and short-term price reactions. Unlike other trading styles, entries in binary markets must be executed at exact moments when price behavior, momentum, and liquidity conditions align within a very limited time window. This Screener is designed to generate Binary Options trading signals based on pure price action analysis, market structure, and liquidity behavior rather than lagging indicators. The signals are not random alerts; they are produced only when price reacts at critical decision points defined by supply and demand zones. The core logic focuses on how price behaves when it reaches areas of concentrated orders, where liquidity absorption or injection typically leads to fast directional moves. These reactions are evaluated through candlestick structure, momentum shifts, and false breakout behavior, which are essential for short-duration binary setups. By combining order blocks, Fair Value Gaps, imbalances, and breaker structures with strict candlestick confirmation, this indicator identifies high-probability Long and Short Binary Options signals suitable for short-term expirations across multiple timeframes. Rather than predicting the market, the indicator reacts to real-time order flow and liquidity interaction, making it a structured and disciplined tool for traders who rely on precise execution in Binary Options environments. Long Signal : Short Signal : 🔵 How to Use The first step is to identify valid structural zones such as order blocks, Fair Value Gaps, imbalances, or breaker structures. These zones represent areas where order flow has previously shown a strong directional response and where future reactions are likely to occur. Once a zone is identified, the indicator continuously monitors price behavior as it approaches and interacts with that area. A signal is generated only when price reaches a valid zone, liquidity behavior becomes evident, and a confirming candlestick structure forms in alignment with the expected direction. This approach ensures that Binary Options signals are issued only during moments of active market participation, where short-term directional moves have the highest probability of success. 🟣 Long Signal A Long Binary Options signal is generated when price reaches a validated demand zone, such as a bullish order block, an unfilled bullish Fair Value Gap, a lower-structure imbalance, or a bullish breaker. As price enters the demand area, the indicator evaluates whether sell-side liquidity is being absorbed. This is reflected through changes in candlestick structure and momentum behavior. Confirmation occurs when bullish price action patterns form, including structures such as : Pin Bars with long lower wicks Bullish Engulfing patterns Rejection candles False breakouts of local lows Short-term momentum continuation after liquidity sweep When these conditions align within or near the demand zone, the indicator issues a Long signal, indicating a high-probability bullish reaction suitable for Binary Options execution with short expirations. 🟣 Short Signal A Short Binary Options signal is generated when price reaches a validated supply zone, such as a bearish order block, a bearish Fair Value Gap, an upper-structure imbalance, or a bearish breaker. In these areas, price often collects buy-side liquidity above nearby highs before reversing. The indicator monitors this behavior and waits for clear bearish confirmation through candlestick structure and momentum shift. Bearish confirmation patterns include : Pin Bars with long upper wicks Bearish Engulfing patterns Rejection candles Indecision followed by strong bearish displacement False breakouts of local highs Once price confirms rejection or liquidity exhaustion within or near the supply zone, the indicator generates a Short signal, highlighting a short-term bearish opportunity optimized for Binary Options trading. 🔵 Settings Last Candle in Signal Direction: When On, a signal is issued only if the last candle moves in the direction required by the signal. Signal in Nearly Zone : When enabled, the signal becomes valid even if the candle is near the zone rather than strictly inside it. When disabled, only signals formed inside the zone are allowed. Table on Chart : This setting enables or disables the on chart screener table. When enabled, the table displays signal status, correlation information, and symbol data directly on the chart. When disabled, the chart remains clean with no table overlay. Number of Symbols : This option controls how many symbol pairs are displayed in the screener table. Users can choose between four or six pairs depending on screen size and personal preference. Table Size : This setting adjusts the visual scale of the screener table. Smaller sizes are suitable for minimal layouts, while larger sizes improve readability when monitoring multiple pairs simultaneously. Table Mode : This setting offers two layout styles for the signal table. Basic mode displays symbols in a single vertical column, using more vertical space and providing straightforward readability. Extended mode arranges symbols in pairs side by side, optimizing screen space with a more compact and efficient layout. Table Position : This option defines where the screener table is placed on the chart. The table can be positioned in any corner or central area to avoid overlapping with price action or other indicators. 🔵 Conclusion Binary Options trading requires precise timing, disciplined execution, and a clear understanding of short-term market behavior. This indicator is built on the principle that high-quality binary signals emerge not from prediction, but from real-time price reactions at key liquidity zones. By combining supply and demand analysis with structural elements such as order blocks, Fair Value Gaps, imbalances, and breaker structures, the indicator filters out random price movements and focuses only on moments when the market is actively responding to order flow. Signals are generated exclusively when price reaches a validated zone, liquidity behavior becomes evident, and a confirming candlestick forms at the correct location. This structured process helps reduce emotional or impulsive entries and maintains consistency in execution. Rather than acting as a standalone decision-maker, the indicator functions as a confirmation and timing tool, assisting traders in identifying high-probability Long and Short Binary Options setups across multiple timeframes while remaining aligned with the underlying mechanics of price and liquidity.
Penunjuk Pine Script®Skrip berbayar
oleh TFlab
Sumit' Trade line strategy (4PM-1AM)SUMIT INGOLE This is a custom-built trading indicator designed to help traders identify clear market direction and high-probability entry zones. The indicator focuses on: • Trend direction • Strong price levels • Clear buy and sell signals • Easy-to-read structure It is beginner-friendly and does not require complex market knowledge. The signals are based on pure price behavior and smart market movement, helping traders avoid confusion and overtrading. This indicator works best when used with proper risk management and discipline. It can be applied on multiple timeframes and is suitable for intraday as well as swing trading. Note: This indicator is a support tool, not a guarantee of profits. Always follow your trading plan and manage risk properly.
Penunjuk Pine Script®
oleh rahulingole4712
Optimal Day Trading System🚥 How to Trade with ODTS The indicator provides visual cues on the chart (triangles) and a real-time Status Table to help you make decisions. Signal Definitions Buy Signal (Green Triangle): Price is above the Sunya line and the Primary Cycle is trending up. Strong Buy (Lime Triangle): All criteria are met, plus the Secondary Cycle has also turned bullish. This indicates "confluence". Sell Signal (Red Triangle): Price is below the Sunya line and the Primary Cycle is trending down. Strong Sell (Maroon Triangle): Both Primary and Secondary cycles are aligned with a price break below the Sunya line. Real-Time Status Table Located at the top right, this table gives you an instant "health check" of the current asset: Price > Sunya: Confirms if the current price is above or below the FLD. Cycle Dir: Shows the slope of the primary trend. Position: Tells you if price is "Inside" the envelope (ranging) or "Above/Below" (overextended). 📈 Best Practices Confluence is Key: The strongest trades occur when the Signal column in the table shows "STRONG BUY" or "STRONG SELL," meaning multiple cycles are in agreement. Envelope Extremes: If the Status Table shows the Position as "ABOVE" or "BELOW" the envelope, be cautious about entering new trades, as the price may be overextended and due for a reversion to the Basis (mean). Timeframe Synergy: Use the 15-minute timeframe for swing trade entries and the 1-minute or 5-minute for precise day trading executions.
Penunjuk Pine Script®
oleh sunya