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Levels Hunter

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Description

Levels Hunter (Fussion) is an advanced technical indicator for TradingView created for fast intraday and scalping traders operating on 1 min, 3 min, and 5 min charts. It integrates automatic pivot detection, trend evaluation with EMA, volume-weighted VWAP, and RSI momentum, while also tracking All-Time High/Low levels in real-time.

Unlike basic indicators that only draw simple averages or isolated levels, Levels Hunter delivers clear, filtered conditions based on a confluence of technical signals — including LONG/SHORT alerts, on-chart pivot placements, and a real-time data dashboard. This makes it a powerful tool for traders seeking objective entry signals and contextual market insights without noise.

Key Features:

Auto detection of higher timeframe pivot highs and lows relative to your working chart.

Trend measurement via optimized EMA per timeframe.

Entry signals filtered through RSI and EMA cross logic.

VWAP level plotted for real-time price positioning.

Visual ATH/ATL lines with labels for historic extremes.

Dynamic on-screen dashboard showing technical data in real time.

Configurable alerts for pivot detection and confirmed signals.

Commercial Value:
Levels Hunter does not repaint confirmed levels or signals, giving traders confidence to act on validated technical information.

Overview
Levels Hunter is designed to filter high-quality trade entries using multiple technical confirmations rather than delivering single noisy signals. The strategy’s backbone uses higher timeframe pivots, EMA trend confirmation, VWAP price position, and RSI momentum filters to generate reliable signals.

Long Entry Conditions
Enter a LONG trade when all the following are true:
  • New bullish pivot detected — shows recent buying pressure.
  • Price crosses above the EMA — confirming a bullish trend shift.
  • RSI < 50 on crossover — suggests entry before momentum peaks.
  • Price above the VWAP — confirms volume-supported strength.


💡 Multiple condition agreement reduces false entries and improves timing.

Short Entry Conditions
Enter a SHORT trade when all the following are true:
  • New bearish pivot detected — shows dominant selling pressure.
  • Price crosses below the EMA — confirms bearish trend direction.
  • RSI > 50 at crossunder — signals continuation momentum prior to reversal.
  • Price below the VWAP — indicates volume-backed price decline.


Additional Filters
  • Only trade in the direction supported by both EMA and VWAP alignment.
  • Avoid trading during high-impact news that trigger erratic volatility.
  • Ensure the active pivot signal is still valid (remaining pivot bars shown in the table).


Trade Management
Stop Loss:
Place just below recent pivot for LONGs, or just above for SHORTs.

Take Profit:
Use prior pivot levels, ATH/ATL if relevant, or fixed reward targets (e.g., 1.5x, 2x your risk).

Cut early if:
The price breaks the opposite pivot level or RSI turns sharply against the trade without supportive price action.

Quick Execution Example
  1. A new bullish pivot forms.
  2. Price crosses above EMA with RSI < 50.
  3. Price sits above VWAP.
  4. Enter LONG at confirmation candle close.
  5. Place SL under pivot.
  6. Take profit at next resistance or ATH level.

Отказ от ответственности

Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.