ICT Average Daily Range (ADR)📊 ICT Average Daily Range (ADR) Indicator
This indicator implements the Average Daily Range (ADR) concept taught by ICT (Inner Circle Trader). It calculates the average range of previous trading days and projects key levels for the current session, helping traders identify high-probability targets and reversal zones.
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✨ KEY FEATURES
- Accurate ADR Calculation - Uses only completed trading sessions (excludes current incomplete day)
- ICT Judas Swing Levels - Highlights the critical 1/3 ADR levels where institutional manipulation often occurs
- Two Calculation Modes - New York Midnight (ICT recommended) or Classic Daily
- Customizable Fractional Levels - 1/3, 2/3, 25%, 50%, 75% of ADR
- Smart Labels - Display price levels and percentage from open
- Flexible Visual Style - Separate line styles for different level groups
- Session Dividers - Optional vertical lines at session start
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📅 WEEKEND SESSION HANDLING
How Forex Sessions Work:
- Monday-Thursday: Full 24-hour sessions
- Friday: Partial session (00:00 to ~17:00 NY time)
- Sunday: Partial session (~17:00 NY to Monday 00:00)
- Saturday: No trading
Impact on ADR:
Both Friday and Sunday are partial sessions which can lower your ADR average. For example: Mon-Thu average 100 pips, Fri 70 pips, Sun 30 pips = 5-day ADR of 80 pips.
Other Markets:
- Crypto: 24/7 trading, no partial days
- Futures/Stocks: No Sunday session
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🎓 ICT CONCEPTS
Average Daily Range (ADR)
Statistical measure of average price movement per day. Acts as a "magnet" for price - markets tend to fulfill their ADR.
1/3 ADR Levels - "Judas Swing"
ICT's signature concept for identifying manipulation zones. Price often sweeps these levels to trap retail traders before reversing. High-probability reversal areas during London/NY sessions.
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⚙️ SETTINGS GUIDE
ADR Period: Number of days for calculation (default 5)
- Lower values = More responsive
- Higher values = Smoother levels
Calculation Mode:
- New York Midnight - ICT standard, best for Forex
- Classic Daily - Exchange timezone
Level Display:
- ADR High/Low - Primary targets
- 1/3 Levels - Judas Swing zones
- 2/3 Levels - Trending day targets
- Quarter Levels - 25% and 75%
- 50% Level - Mid-range
Visual Options:
- Separate line styles for each level group
- Customizable colors and width
- Optional labels with price/percentage
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💡 TRADING TIPS
1. Early Session: If price moves to 1/3 ADR quickly, watch for Judas Swing reversal
2. Mid Session: Use 2/3 levels as continuation targets in trending markets
3. Late Session: ADR completion often marks session extremes
4. Risk Management: Use fractional levels for scaling positions
5. Confluence: Combine with Fair Value Gaps, Order Blocks, and Liquidity Pools
Best Timeframes: 15m, 30m, 1H, 4H for intraday trading
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📝 NOTES
- Based on concepts taught by ICT (Inner Circle Trader)
- Requires at least 5 completed sessions for full accuracy
- ICT suggested using "New York Midnight" mode
- Weekend sessions handled based on actual market hours
- Be aware that Friday/Sunday partial sessions may lower ADR average
Created with focus on clean implementation and ICT's core teachings.
Analisis Trend
Ichimoku XT Pro – Advanced Leading & Current Signals📄 Description :
Ichimoku XT Pro is an enhanced Ichimoku Cloud indicator that goes beyond the traditional cloud by adding leading price projection signals. It visualizes both current price interactions (C+) and leading price interactions (A+) with Span A, Span B, and the Base Line.
The indicator also highlights thick and thin cloud zones, which can indicate potential high/low volatility regions and support/resistance strength.
This version includes :
✅ Traditional Ichimoku Cloud (Tenkan, Kijun, Span A/B, Chikou).
✅ Leading Price Line projected 26 periods ahead, in bold dashed purple.
✅ Distinct signals for current price (C+) and leading price (A+).
✅ A built-in signal interpretation table explaining each signal.
✅ Optional toggles to show/hide current and ahead signals separately.
📊 How the Signals Work :
🔹 C+ Signals (Current) – Based on the current price crossing Span A, Span B, or the Base Line. These show when the price is breaking key Ichimoku levels now.
🔹 A+ Signals (Ahead) – Based on the leading price projection (future price estimate) crossing future Span A, Span B, or Base Line. These signals anticipate potential bullish/bearish shifts 26 periods ahead, offering early insights into trend continuation or reversal.
🧠 Why Leading Signals Are Powerful:
The Ichimoku Cloud is inherently forward-looking, as Span A and Span B are projected 26 periods ahead.
By adding a Leading Price Line, this indicator lets traders compare where price might be relative to the future cloud, making A+ signals often more predictive than waiting for C+ confirmations.
A+ signals can warn of upcoming breakouts or breakdowns before they are visible in current price action.
C+ signals confirm the breakout in real-time, but often occur later.
📖 Interpretation of Signals :
C+ A▲ / C+ A▼ → Current price crossed above/below Span A.
C+ B▲ / C+ B▼ → Current price crossed above/below Span B.
C+ K▲ / C+ K▼ → Current price crossed above/below Base Line.
A+ A▲ / A+ A▼ → Projected (leading) price crossed above/below future Span A.
A+ B▲ / A+ B▼ → Projected (leading) price crossed above/below future Span B.
A+ K▲ / A+ K▼ → Projected (leading) price crossed above/below future Base Line.
Pro Tip 💡:
A+ signals are best used to anticipate moves.
C+ signals act as confirmation.
A breakout where A+ fires before C+ can give early entries into strong trending moves.
🎯 Purpose :
✔️ Identify future bullish/bearish setups before they happen.
✔️ Spot trend continuation or reversal signals earlier.
✔️ Combine with traditional Ichimoku strategies (Kumo Breakouts, TK Crossovers, Chikou Confirmation).
This indicator is ideal for traders who want to anticipate cloud-based setups earlier than standard Ichimoku while still using traditional confirmations.
A tip: Just draw back 26 bars, when you get A+ (Ahead) Leading Line signal.
Zig Zag with HHLLThis powerful tool calculates and displays two Zig Zag patterns simultaneously while dynamically identifying key market structure points—Higher Highs (HH), Lower Lows (LL), Higher Lows (HL), and Lower Highs (LH).
Because the script is dynamic, the most recent HH, HL, LL, or LH can update in real-time as price action evolves. For example, if the price continues to rise, a previously marked HL may be reclassified as an LL. Likewise, a falling LH may later turn into a HH if the market reverses.
This script is versatile and can be applied to various trading strategies, including trend analysis, support and resistance identification, breakout setups, and more.
👑 Cryptherium MACryptherium MA is a powerful and flexible moving average indicator designed for serious traders who want full control over how moving averages are calculated and visualized — especially during major market sessions. This tool adapts to different global market hours and supports multiple MA types including EMA, VWAP, WMA, VMA, HMA, and custom session-aware calculations.
Features:
7 MA Options: Choose from EMA, VWAP, WMA, VMA, HMA, NAm (OHLC4-based), and SOAm (Session Open Average).
Session Awareness: Apply MA calculations only during selected sessions: New York, London, or Tokyo.
Volume-Weighted Modes: Includes session-based VWAP and VMA for liquidity-aware MA tracking.
Flexible Styling: White line with thickness for clarity across all chart types and backgrounds.
Use Cases:
Track institutional trend zones by applying VWAP or EMA only during New York or London session.
Compare trend signals between traditional and session-based moving averages.
Use custom logic like SOAm (EMA of session opens) or NAm (SMA of OHLC4) for advanced strategy development.
Integrate seamlessly with price action setups or other Cryptherium tools.
Best For:
Intraday traders using session timing advantage.
Trend followers who need adaptive MA visibility.
Quantitative strategy builders looking for modular MA calculations.
ParthFintech SMART Indicator V1.0A powerful, all-in-one SMART indicator designed to identify high-probability trade setups across any timeframe. By combining break-of-structure entries with multi-timeframe trend confirmation, dynamic support & resistance, Order Block (OB) and Fair Value Gaps (FVG ) Detection, it automatically plots your entry, stop loss, and three tiered take-profit levels—and even marks them with arrows and labels so you can act at a glance.
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A. 🔑 Key Features
1. Break of Structure (BOS) based entries: Detects fresh bullish or bearish structure breaks for precise timing.
2. Multi-Timeframe Trend Filter: Confirms 4 hour and Daily trend alignment via crossovers to avoid counter-trend signals.
3. Dynamic Support & Resistance Zones: Automatically captures the most recent swing highs/lows as S/R levels in the chart.
4. Multiple confluence Detection: Marks recent bullish/bearish order blocks with tiny colored squares.
5. Fair Value Gap (FVG) Zones: Highlights potential liquidity imbalance areas where price often returns.
6. Automated Risk/Reward Levels:
- Entry at the BOS candle high/low
- Stop Loss at the most recent swing low (for longs) or swing high (for shorts)
- TP1, TP2, TP3 calculated as configurable RR multiples (default 1.5×, 2×, 3×)
B. Visual Cues:
- Green arrow below the bar for long entries
- Red arrow above the bar for short entries
- Labels “ENTRY”, “SL”, “TP1”, “TP2”, “TP3” plotted at their respective price levels
- Alert-Ready: Built-in alert conditions for Entry, all three TPs and SL hits—perfect for pop-ups, emails, or webhooks (Telegram integration).
C. ⚙️ Inputs & Customization
Input Default Description
- TP1 RR 1.5 First take-profit as a multiple of risk
- TP2 RR 2.0 Second take-profit multiple
- TP3 RR 3.0 Third take-profit multiple
- Lookback S/R 20 Bars to use when calculating swing highs/lows
- Arrow Offset (pips) 10 Vertical offset for the entry arrows
- HTF 1 240 Higher timeframe #1 (4 hour)
- HTF 2 D Higher timeframe #2 (Daily)
- Customize RR targets, lookback period, arrow offset, or HF trend timeframes to match your trading style.
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D. 🎯 How It Works
1. Trend Check – Uses trend analysis on 4H & Daily to ensure you trade with the dominant market direction.
2. Structure Break – Alerts when price closes beyond the most recent swing high (bullish) or low (bearish).
3. Zone Confirmation – Plots S/R, OB, and FVG zones to help you visualize confluence.
4. Level Calculation – Automatically computes entry, stop, and three target levels based on your RR settings.
5. Visual Signals & Alerts – Draws arrows/labels on the chart and triggers alerts so you never miss a setup.
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E. 🚀 Getting Started
1. Open Indicators menu on TradingView and search for ParthFintech SMART Indicator.v1.0
2. Click Add to Chart and tweak input settings to your preference.
3. Create alerts on “Buy Signal”, “Sell Signal”, “TP1 Hit”, “SL Hit”, etc., choosing popup, email, or webhook delivery.
Contact: support@parth-fintech.com or visit parth-fintech.com for any queries.
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> Disclaimer: This indicator is provided for personal use and should be tested thoroughly in a demo environment before deploying with real capital. Always manage your risk appropriately.
ParthFintech SMART-MOVE IndicatorThe ParthFintech SMART-MOVE Indicator.V1.0 is a precision-engineered tool developed by Parth Fintech to help traders identify high-probability trend-based entries and exits using a clean confluence of institutional-grade indicators. Whether you're a beginner or an experienced trader, this indicator provides clarity in trend direction and momentum shifts, enhancing both confidence and consistency in your trades.
📊How It Works
- The SMART-MOVE Indicator combines:
- A dynamic trend filter to identify bullish and bearish market bias.
- A powerful momentum indicator to detect price reversals and trailing stop conditions.
- Heikin Ashi or Candlestick Candles: Use either chart type to visualize trend continuation and exhaustion.
🟢 BUY & 🔴 SELL Signal Visualization
🟢 BUY Signal: Displayed as a green rectangle beneath the candle with “BUY” written in white.
Triggered when a bullish candlestick closes above the EMA and the Pdot appears below the candle.
🔴 SELL Signal: Displayed as a red rectangle above the candle with “SELL” written in white.
Triggered when a bearish candle closes below EMA and the Trend indicator appears above the candle.
Trade Exit Level
🔺 A red triangle marks the suggested exit for BUY trades.
🔻 A green triangle marks the suggested exit for SELL trades.
This confluence-based approach filters out noise and helps avoid false signals during sideways or volatile market conditions.
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⚙ Best Use Guidelines
Recommended for: 15m, 1H, and 4H timeframes
- Chart Type: Traditional Candlesticks
- Combine with the ParthFintech SMART Indicator for enhanced levels of; Support and Resistance Zones, Order Blocks (OB), Fair Value Gaps (FVGs)
This multi-indicator confluence strengthens your trade decisions with Smart Money insight.
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🛡 Why Choose SMART-MOVE
- Built with discipline and precision in mind
- Designed for traders who value quality over quantity
- Easy-to-read signals with built-in trade management prompts
- Developed by professionals with over a decade of trading experience
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📧 For access and queries contact: support@parth-fintech.com or parth-fintech.com
Ichimoku Cloud + Thickness Zones + Leading LineA lightweight enhancement to the classic Ichimoku Cloud that adds:
Thin vs. Thick Cloud Shading
True Leading Price Line
Features
1. Standard Ichimoku Components
Conversion Line (Tenkan‑sen) – Blue
Base Line (Kijun‑sen) – Red
Lagging Span (Chikou Span) – Green, shifted ‑(Displacement‑1) bars
2. Thin vs. Thick Cloud Zones
Cloud (Kumo) between Leading Span A and Leading Span B, colored green or red.
Thin Cloud: when the distance between Span A & Span B is below its 26‑period SMA → lighter fill.
Thick Cloud: when distance is above that SMA → darker, more opaque fill.
Interpretation:
Thin zones are weaker support/resistance areas, easier for price to break through.
Thick zones signal strong support/resistance and higher volatility within the cloud.
3. Leading Price Line
Your close price plotted forward by (Displacement‑1) bars—exact mirror of the Lagging Span.
Purpose:
Visually aligns future price with the projected cloud.
Simplifies “Ahead” analysis: you can immediately see whether tomorrow’s (or 26 bars ahead) price sits above, inside, or below the Kumo.
Usage & Interpretation
Price vs. Cloud
Price above cloud ⇒ bullish bias
Price inside cloud ⇒ neutral/consolidation
Price below cloud ⇒ bearish bias
Thin vs. Thick Cloud
Thin Cloud: price can more easily pierce; watch for quick breakouts.
Thick Cloud: strong barrier—breaks here are more significant.
Leading Price Line
Observe where the projected price line intersects the future Kumo.
If the leading line sits above Span A/Span B ahead, expect bullish continuation; below ⇒ bearish.
Classic Signals
Conversion/Base cross, Kumo twist, and Chikou Span confirmations all remain valid.
Inputs
Conversion Length (default 9)
Base Length (default 26)
Span B Length (default 52)
Displacement (default 26)
Volatility SMA Length (default 26)
MACD Reversal IndicatorMACD Reversal – Indicator Description
This indicator highlights potential market reversals by combining momentum, volume, and candlestick behavior into a single signal. A marker appears on the chart when several filters (MACD, RSI, Volume, Candle Patterns) align, aiming to capture points where price may be overextended and ready to turn.
The goal is not to generate frequent signals, but to isolate moments where the probability of a shift in direction may be higher.
How to Use
This tool is best used as part of a broader trading framework — for confirmation, not for isolated entries or exits. It may serve well for spotting exhaustion in trends or for identifying possible fade setups, depending on your trading style.
Important Note
The accuracy and usefulness of the signals can vary depending on the market, asset, and timeframe. It may work better in certain conditions than others. Users are strongly advised to backtest and forward-test the indicator thoroughly before making decisions based on it.
Here are some chart examples:
Downside of this indicator (strong trend) example:
Fibonacci Levels by JaeheeFibonacci Levels by Jaehee
This indicator automatically detects the most recent swing high and swing low to plot precise Fibonacci retracement levels.
It dynamically identifies whether the current structure is bullish or bearish, ensuring that the levels are correctly displayed from 1.0 to 0.0 depending on the trend direction. Key levels such as 0.236, 0.382, 0.5, 0.618, and 0.786 are clearly marked.
Key Features:
- Automatic Swing Detection: Calculates levels based on the most relevant swing points within the lookback period.
- Visual Emphasis: 0.5 and 0.618 levels are highlighted for better visibility.
- Real-Time Updates: Levels automatically adjust when new highs or lows are formed.
Use Cases:
- Identify potential support and resistance zones during retracements.
- Track key reaction points such as 0.5 and 0.618 for potential reversals.
- Gain structural insights into price movements with a clean, unobtrusive layout.
Disclaimer:
This indicator is designed as an analytical tool and does not guarantee trading performance. For best results, combine it with price action analysis or other technical indicators.
Day Trade with Waqas📌 Day Trade with Waqas is a private, invite-only indicator designed for serious day traders and scalpers. It provides clean and early BUY/SELL signals using a custom-modified SuperTrend logic.
🔒 The script code is hidden to protect proprietary logic. Access is given only to approved users.
✅ Optimized for 15-minute and 1-hour charts
✅ No clutter — just pure entry signals
✅ Ideal for BTC, ETH, SOL, Gold, and other volatile pairs
📥 To get access, contact us via Telegram or TradingView profile.
WECAN Magic Indicator ₹ InvestmentScript Name: WECAN Magic Indicator 1
Company: WECAN GROW ACADEMY
Contact: +91 85678 98484
Description:
The WECAN Magic Indicator 1 is a powerful trading tool developed by WECAN GROW ACADEMY. It combines multiple technical analysis components such as EMA trends, MACD signals, and custom logic to generate precise Buy and Sell signals. The script features a clean on-chart display and a chronological table view of past trades, helping traders quickly review performance and market timing. Ideal for intraday and positional trading strategies, this indicator aims to simplify decision-making for both beginners and professionals.
For support or training, contact us at +91 85678 98484.
Supply & Demand ZonesHigh probability "Institutional footprint" Supply&Demand zones with some extras.
Zones settings
-Mitigation method: You can set whether the wick or the body mitigates the zones.
-Show last X S&D Zones: The number of displayed zones
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Optional ATR and Engulfing filter.
Fractals settings
-Filter 3/5 bar fractal: Choose to display the fractal candle from 3 or 5 candles pattern.
Moving Average settings
-Selectable MA with adjustable length, type and timeframe.
Liquidity Sweeps settings
-Selectable pivot length
Dashed line for swept levels, solid line for still active liquidity levels.
Bar colors
-Yellow: Engulfing candle
-Lime: Bullish momentum candle
-Purple: Bearish momentum candle
Attention! Never use zones alone as entry signal! Always trade with confirmations/confluences.
Multi-Ticker ORB Breakout by WajdyZ# Multi-Ticker ORB Breakout by WajdyZ
**Monitor multiple stocks for Opening Range Breakouts (ORB) in one powerful screener or plot on your chart!**
This versatile indicator helps traders identify breakout opportunities across up to 10 symbols during premarket, market hours, or postmarket sessions. Switch between **Screener Table** mode for multi-ticker monitoring with real-time status updates and alerts, or **Chart Plotter** mode for visual ORB lines on the current symbol. Auto-detects session based on time or manually select for flexibility.
Perfect for day traders scanning for momentum plays! 🚀
## Key Features
- 📊 **Screener Table Mode**: Track up to 10 symbols in a customizable table showing current price, ORB High/Low, breakout status (with % change), and color-coded alerts.
- 📈 **Chart Plotter Mode**: Plots persistent ORB high/low lines on the chart for the active symbol, extending across bars for easy visualization.
- ⏰ **Flexible ORB Periods**: Choose 5, 15, or 30-minute ranges in Auto, Premarket, Market Hours, or Postmarket modes.
- 🌎 **Timezone Support**: Defaults to America/New_York, with options for Europe/London or Asia/Tokyo.
- 🚨 **Breakout Alerts**: Enable notifications for bullish/bearish breakouts (above ORB High or below ORB Low) – works in both modes.
- 🔧 **Customizable Display**: Adjust table position, text size (Tiny to Huge), and more for a tailored experience.
- 📅 **Session-Aware Logic**: Handles new days, market status (Pre-Market, Market, Post-Market, Closed), and ensures accurate data fetching in extended hours.
**Usage Tips**:
- In Screener Mode, input your symbols (e.g., NASDAQ:AAPL) and watch for ▲/▼ status with percentage gains/losses.
- For alerts in Chart Mode, use TradingView's condition builder with plotted "ORB High" and "ORB Low".
- Best on 1-5 minute charts for intraday trading.
Created with ❤️ by WajdyZ. For questions or custom requests, email: axiasystems@gmail.com
Follow me on TradingView: @WajdyZ
xGhozt Stoch RSI Consecutive Candles StrategyThis is a customizable strategy using the Stochastic RSI (Stoch RSI) to identify reversal points.
This strategy enters **Longs** when Stoch RSI's %K line is **below the `Lower Band` for `N` consecutive bars** (oversold confirmation), and **Shorts** when %K is **above the `Upper Band` for `N` consecutive bars** (overbought confirmation).
**Key Features:**
* **N-Bar Entry Confirmation:** Define how many consecutive bars Stoch RSI must spend in overbought/oversold zones before a trade is triggered, reducing false signals.
* **ATR-Based Risk Management:** Optional dynamic Stop Loss and Take Profit calculated using ATR.
* **Customizable:** Adjust Stoch RSI settings, bands, trade direction (longs/shorts), and signal reversal.
TradeGlixAuto Support & Resistance, EMA Based Trading Supported. Bullish and Bearish Candle color. etc
📊 TickerTrendz - TradeScopeWhat This Indicator Does — In Plain English
This indicator helps you understand how much the market might move today and tomorrow, so you can trade smarter.
Here’s how it works:
Today’s Expected Range (Intraday ATR Projection):
It measures how much the market typically moves in a day (called ATR).
Starting from when the overnight Globex session opens at 5 PM CST, it draws lines showing 20%, 60%, and 100% of that typical daily movement above and below today’s session open price.
It also tells you, in real time, how far price has moved relative to that typical range, shown as a percentage. For example, “You’re 60% through today’s expected move.”
This helps you see if the market is calm, just starting to move, or already reaching typical daily highs or lows.
Tomorrow’s Volatility Forecast:
Using yesterday’s price moves, yesterday’s daily volatility, and average market volatility, it predicts how volatile the market might be tomorrow.
It colors the forecast to show if tomorrow is likely to be a normal day (green), a high volatility day (orange), or an extreme volatility day (red).
This gives you a heads-up if you should expect big moves or more calm trading the next day.
All Info in One Place:
Instead of cluttering your chart with many labels, all this info is neatly shown in a box on the top-right corner of your chart.
You get a quick snapshot of both today’s progress and tomorrow’s volatility forecast without distraction.
Why It Helps You
Manage your trades better: Knowing how much the market tends to move helps you place smarter stops and targets.
Prepare for volatility spikes: You’ll get a warning before big moves so you can adjust your trading style or risk.
Stay aware intraday: See if the market is already “done moving” for the day or if there’s still room for big swings.
Days Since ±1% Move on CloseInterpretation & Use‑Case
The “Days Since ±1% Move” indicator simply tells you how many trading days have passed since the last daily close that moved at least 1% in either direction. Here’s how to put it to work:
Complacency Gauge
A long stretch without a ≥1% move often signals that realized volatility has collapsed and market participants may be under‑positioned for a sudden swing.
Positioning Insight
When institutional hedges and systematic strategies see low recent volatility, they tend to scale back protection (fewer options hedges, tighter risk limits), which can amplify the impact of any eventual volatility pickup.
Mean‑Reversion Signal
After an extended streak (e.g. 20–30 days), a fresh ≥1% move is more likely—and often more violent—because pent‑up positioning flows rush to adjust.
Trend Confirmation
Conversely, a reset in the count (i.e., a new ≥1% move) that coincides with strong volume and follow‑through suggests genuine directional conviction rather than just a volatility “blip.”
PRO Investing - Quant AlphaCentauri D |XLF|PRO Investing - Quant AlphaCentauri D |XLF|
1. Summary and Core Concept
This is a quantitative backtesting strategy engineered specifically for the Financial Select Sector SPDR Fund (XLF) on the Daily (1D) timeframe. The name "AlphaCentauri" reflects its goal: to seek alpha by identifying statistically significant opportunities through rigorous time series analysis.
The strategy's core principle is to move beyond conventional technical indicators and instead analyze the underlying structure and character of price data. It is designed to methodically identify conditions that have historically preceded sustained directional trends in the financial sector.
2. The Analytical Process: How It Works
This strategy employs a multi-stage quantitative process to filter for high-probability setups. It is a "mashup" of statistical concepts applied to price action.
Structural Pattern Recognition: The engine's primary function is to analyze the historical price series of XLF to identify specific, recurring structural patterns. It examines price geometry and cyclical behavior to find formations that often act as the foundation for a new, emerging trend.
Signal Execution: A signal to enter a trade is only generated when the findings from both the structural analysis and the validation stages are in agreement. This disciplined, multi-layered approach ensures the strategy remains flat during periods of high uncertainty and only engages when its quantitative criteria are fully met.
3. How to Use This Strategy
Timeframe: This strategy has been designed, tested, and optimized exclusively for the Daily (1D) timeframe on the XLF ticker. Its logic is not intended for other timeframes or assets and may produce unreliable results if used differently.
On-Chart Signals: The strategy's operation is transparent. It plots all historical buy and sell entries, along with their corresponding exits, directly on the chart for easy performance review and analysis.
4. Risk Management: The Strategy's Foundation
This strategy is built upon a foundation of strict, non-negotiable risk management, which is reflected in its code and backtesting parameters. This design complies with TradingView's guidelines for publishing realistic and responsible strategies.
Dynamic Stop-Loss and Position Sizing: A stop-loss is dynamically calculated for each trade based on recent market volatility. The strategy then automatically adjusts the position size for that trade to target a defined risk percentage. In cases of extreme market volatility, the maximum potential loss on a single trade may approach, but is designed not to exceed, 5% of total account equity. Under normal market conditions, the risk for most trades will be below this maximum threshold.
Realistic Backtesting Parameters:
Initial Capital: The backtest defaults to an initial capital of $100,000.
Commission: A realistic fee of $5.00 per order is included to simulate broker costs.
5. Disclaimer
This strategy is an educational tool provided for informational and research purposes. It is not financial advice. All trading carries a high level of risk, and past performance is not a guarantee of future results. You are solely responsible for your own trading decisions and risk management. Always conduct your own due diligence before deploying any trading strategy in a live account.
signBTC Day&Session BoxesThis indicator visually segments the trading week on your chart, drawing each day from 17:00 to 17:00 New York time (corresponding to the typical forex daily rollover). For enhanced session structure, every day is further divided into three major trading sessions:
Asian Session
London Session
New York Session
Additionally, the indicator automatically marks the opening time of each new day at 17:00 (New York time) directly on the chart, helping traders quickly identify daily cycles and session transitions.
Customization Features
Adjustable Session Times: Users can modify the start and end times for each session (Asian, London, New York) to match personal or institutional trading hours.
Flexible Day Boundaries: The time marking the start and end of each day (default: 17:00 NY) can also be adjusted according to preference or asset specifics.
Opening Time Marker: The feature for drawing the daily opening time can be enabled or disabled in the settings.
This tool is ideal for traders needing clear visual cues for session boundaries and daily market resets, especially those operating across multiple time zones or managing strategies dependent on session-specific behavior. All settings are conveniently accessible and fully customizable within the indicator’s parameter panel.
Monday Swing Box - Enhanced# Monday Swing Box Enhanced Indicator - Trading Applications
This "Monday Swing Box" indicator can be very useful in trading for several strategic reasons:
## 1. **"Monday Effect" Analysis**
* **Concept**: Mondays often have particular characteristics in the markets (opening gaps, weekend catch-up, different volumes)
* **Utility**: Allows visualization and quantification of these Monday-specific movements
* **Application**: Helps identify recurring patterns in your strategy
## 2. **Relative Volatility Measurement with ATR**
* **The ATR percentage tells you**:
* **< 50%**: Low volatility Monday (possible consolidation)
* **50-100%**: Normal volatility
* **> 100%**: Very volatile Monday (important event, potential breakout)
* **Advantage**: Contextualizes the movement relative to historical volatility
## 3. **Practical Trading Applications**
### **For Day Trading**:
* **Entry**: A Monday with >150% ATR may signal a strong movement to follow
* **Stop Loss**: Adjust stop sizes according to Monday's volatility
* **Targets**: Calibrate targets according to the movement's magnitude
### **For Swing Trading**:
* **Support/Resistance**: Monday's high/low often become key levels
* **Breakout**: Breaking above/below Monday's box may signal continuation
* **Retracement**: Return to Monday's box = support/resistance zone
### **For Risk Management**:
* **Sizing**: Adapt position sizes according to measured volatility
* **Timing**: Avoid trading abnormally volatile Mondays if you prefer stability
## 4. **Specific Possible Strategies**
### **"Monday Breakout"**:
* Wait for a break above/below Monday's box
* Enter in the direction of the breakout
* Stop at the other end of the box
### **"Monday Reversal"**:
* If Monday shows >200% ATR, look for a reversal
* The box becomes a resistance/support zone
### **"Monday Range"**:
* Trade bounces off the box limits
* Particularly effective if ATR % is normal (50-100%)
## 5. **Visualization Advantages**
* **Historical**: See past patterns across multiple Mondays
* **Comparison**: Compare current volatility to previous Mondays
* **Anticipation**: Prepare your strategy according to the type of Monday observed
## 6. **Limitations to Consider**
* Monday patterns can vary according to markets and periods
* Don't trade solely on this indicator, but use it as a complement
* Consider macroeconomic context and news
This indicator is therefore particularly useful for traders who want to exploit Monday's specificities and have an objective measure of this day's relative volatility compared to normal market conditions.
