Entropy Divergence (No Repaint) [PhenLabs]📊 Entropy Divergence (No Repaint)
Version: PineScript™ v6
📌 Description
The Entropy Divergence Scalper (EDS) is a sophisticated trading indicator that applies information theory to market analysis. By calculating Shannon Entropy on price returns, it identifies periods when market behavior becomes more predictable and orderly—the ideal conditions for divergence-based trading.
Traditional divergence indicators generate signals regardless of market conditions, leading to many false signals during chaotic, high-entropy periods. EDS solves this by acting as an intelligent filter: it only triggers signals when entropy drops below your specified threshold, indicating that the market has entered a more structured, tradeable state.
This indicator is built with a strict non-repainting guarantee. All signals use barstate.isconfirmed and only appear after bar close, giving you reliable signals you can trust for live trading.
🚀 Points of Innovation
Shannon Entropy integration measures market randomness using information theory mathematics
Dual divergence engine detects both RSI and Volume divergences simultaneously
Entropy-filtered signals eliminate noise by only triggering in low-entropy (predictable) market conditions
100% non-repainting architecture ensures all signals are confirmed and historically accurate
Multi-layer confirmation combines entropy state, RSI divergence, and volume divergence for higher probability setups
Dynamic color visualization provides instant visual feedback on current market entropy state
🔧 Core Components
Shannon Entropy Calculator: Bins price returns into histograms and calculates entropy using H(X) = -Σ p(x) × log₂(p(x))
RSI Divergence Detector: Identifies when price makes lower lows while RSI makes higher lows (bullish) or price makes higher highs while RSI makes lower highs (bearish)
Volume Divergence Detector: Spots increasing volume interest at price lows (bullish) or decreasing conviction at price highs (bearish)
Pivot Detection System: Uses configurable lookback periods to identify and track price, RSI, and volume pivots
Signal Classification Engine: Labels signals as RSI, VOL, or RSI+VOL based on which divergences triggered
🔥 Key Features
Entropy Threshold Control: Set your preferred entropy level (default 2.5) to filter out signals during chaotic market periods
Configurable Smoothing: EMA smoothing on entropy values reduces noise while maintaining signal responsiveness
Flexible Pivot Detection: Adjust left/right lookback bars to tune sensitivity for different trading styles
Divergence Search Range: Control how far back the indicator looks for divergence patterns (20-200 bars)
Minimum Pivot Distance: Prevents false signals from pivots that are too close together
Complete Alert System: Four alert conditions for bullish signals, bearish signals, any signal, and low entropy zone entry
🎨 Visualization
Dynamic Entropy Line: Color gradient shifts from green (low entropy/tradeable) to orange (high entropy/chaotic)
Entropy Threshold Line: Dashed reference line shows your configured entropy threshold
Low Entropy Zone Fill: Background highlighting indicates when market is in tradeable low-entropy state
Scaled RSI Plot: RSI overlay scaled to fit the entropy pane for easy correlation analysis
Normalized Volume Bars: Volume displayed as columns normalized against 20-period average
Signal Labels: Clear LONG/SHORT labels with divergence type (RSI, VOL, or RSI+VOL)
Information Table: Real-time display of entropy value, state, RSI, and current signal status
📖 Usage Guidelines
Entropy Lookback Period — Default: 20, Range: 5-100 — Controls how many bars are used for entropy calculation; higher values provide smoother readings but slower response
Histogram Bins — Default: 10, Range: 5-50 — Number of bins for probability distribution; more bins provide finer granularity
Low Entropy Threshold — Default: 2.5, Range: 0.5-4.0 — Signals only trigger when entropy drops below this value; lower settings are more selective
Entropy Smoothing — Default: 3, Range: 1-10 — EMA smoothing applied to raw entropy values for noise reduction
RSI Length — Default: 14, Range: 5-50 — Standard RSI calculation period
Pivot Lookback Left — Default: 5, Range: 2-20 — Bars to the left for pivot detection
Pivot Lookback Right — Default: 2, Range: 1-10 — Bars to the right for pivot confirmation; lower values produce faster signals
Divergence Search Range — Default: 60, Range: 20-200 — Maximum bars to look back for divergence comparison
Min Bars Between Pivots — Default: 5, Range: 3-30 — Minimum distance between pivots for valid divergence detection
✅ Best Use Cases
Scalping during low-volatility consolidation periods when entropy drops and price becomes more predictable
Swing trade entry timing by waiting for divergence signals in low-entropy market conditions
Trend reversal identification when both RSI and Volume divergences align with low entropy readings
Multi-timeframe confirmation by checking entropy state on higher timeframes before taking signals
Filtering existing strategies by adding entropy as a confirmation layer to reduce false signals
⚠️ Limitations
Signals appear with a delay due to pivot confirmation requirements (pivotLookbackRight bars after pivot forms)
May generate fewer signals during strongly trending markets where entropy remains elevated
Entropy threshold requires optimization for different instruments and timeframes
Not designed for high-frequency trading due to bar-close confirmation requirement
Divergences can fail in extremely strong trends where momentum overwhelms the signal
💡 What Makes This Unique
First indicator to combine Shannon Entropy filtering with multi-factor divergence detection
Information theory approach provides mathematical foundation for identifying tradeable market states
Triple confirmation requirement (low entropy + divergence + bar close) significantly reduces false signals
Non-repainting guarantee makes it suitable for strategy backtesting and live trading
Open-source PineScript v6 code allows traders to understand and customize the methodology
🔬 How It Works
Step 1 — Entropy Calculation: The indicator calculates logarithmic returns, bins them into a histogram, and computes Shannon Entropy to measure market randomness
Step 2 — Entropy Filtering: When smoothed entropy drops below the threshold, the market is considered to be in a tradeable low-entropy state
Step 3 — Pivot Detection: The system continuously tracks price, RSI, and volume pivots using configurable lookback parameters
Step 4 — Divergence Analysis: When a new pivot is confirmed, the indicator compares it against previous pivots to detect bullish or bearish divergences
Step 5 — Signal Generation: A final signal only triggers when low entropy conditions coincide with a confirmed divergence pattern on a closed bar
💡 Note:
This indicator is designed for educational purposes and technical analysis. Always use proper risk management and never risk more than you can afford to lose. The non-repainting guarantee means signals will only appear after bar close—watch the indicator in real-time to verify this behavior. For optimal results, consider combining EDS signals with support/resistance levels and overall market context.
Индикаторы и стратегии
Spectre -Candles Spectre -Candles MEANS SPECTRE CANDLES -
2 candle closing main 2 candle closing main
High&Low - Scalping🔹 High and Low Scalping – Key Levels Indicator 🔹
High and Low Scalping is an indicator designed for active traders and scalpers who want to instantly identify the most important price levels in the market.
The indicator automatically plots:
📈 The monthly high and low
📊 The previous week's high and low (weekly)
⏱️ The previous day's high and low (daily)
These levels are recognized as major liquidity zones, which are often respected by the price and used by institutions.
⚙️ Main features
✔️ 100% automatic update
✔️ No manual calculations required
✔️ Clear and quick reading of the market
✔️ Compatible with scalping, day trading, and intraday trading
🎯 Why use High and Low Scalping?
Identify price reaction zones
Spot precise scalping opportunities
Improve entry and exit timing
Trade with a clean and objective market structure
This indicator is an essential tool for any trader who wants to rely on reliable, simple, and effective technical levels without overloading their chart.
FVG Detector - With Close Direction & Breakoutgreat. now, after the touching candle the ones that obeyed the last command with zero balls, indicate when the next candle, ie the candle following the ones with yellow and green balls, trades above the high of the yellow balls candle and vice versa. ie for yellow balls(candles that trade up to touch the fvg), the next candle after it will have to trade above the high of the touching yellow candle. and vice versa for the green one
Portfolio Table v5 This lightweight and functional tool allows traders to track multiple stock positions directly on their chart in a clean, organized table. Specifically designed with the Tel Aviv Stock Exchange (TASE) in mind, it includes a built-in toggle to handle price conversions between Agorot and NIS.
HTT Range BreakoutTime range breakout with targets.
If breakout bottom line is stoploss
if breakdown top line is stoploss
Sequential - Heatmap [R2D2]The Professional Edge in Trend Exhaustion
In a market environment saturated with noise, the most valuable tool for a trader is clarity. Standard trend-following indicators often lag, and traditional reversal markers can be premature. The Sequential: Heatmap is a sophisticated trend-exhaustion indicator designed to identify precise market inflection points where a trend has reached its mathematical limit.
By focusing on the Exhaustion Phase (counts 7, 8, and 9) and integrating Perfection Logic, this tool filters out "weak" setups, highlighting only the high-probability price flips that professional institutional traders watch.
How It Works: The Logic of Exhaustion
The Sequential operates on the principle of price symmetry. A "Setup" occurs when a series of at least nine consecutive bars close higher (for a Sell Setup) or lower (for a Buy Setup) than the close of the bar four periods prior.
The "Perfected" Difference
A standard 9-count is often not enough for a high-conviction entry. This publication-ready script includes Perfection Logic:
Perfected Buy (9★) : The low of bar 8 or 9 must be lower than the lows of both bars 6 and 7.
Perfected Sell (9★) : The high of bar 8 or 9 must be higher than the highs of both bars 6 and 7.
This ensures that the final move in the sequence is a true "climax" before the reversal begins.
Step-by-Step Usage Guide
Step 1: Monitor the Heatmap
As a trend develops, the bars will remain standard. Once the sequence hits count 7, the Heatmap Gradient activates.
Faint Color: Momentum is beginning to stretch.
Deep Saturated Color: The trend is entering the danger zone for a reversal.
Step 2: Identify the 9★ Completion
Wait for the number 9 to appear. If a star (★) is attached, the setup is "Perfected". This is your primary signal that the current move is mathematically overextended.
Step 3: Define Your Risk with Risk Lines
Upon completion of a 9-count, the script draws a solid thin horizontal line:
Green Line (Resistance) : The ceiling of the move. Use this as a profit target for longs or a hard stop for shorts.
Red Line (Support) : The floor of the move. Use this as a profit target for shorts or a hard stop for longs.
Trading Like a Pro: Strategies for Success
To use this tool effectively at a professional level, follow these three core tenets:
Don’t Front-Run the 9 : Amateur traders often try to "guess" the reversal at count 5 or 6. Professionals wait for the Perfected 9 to close. The heatmap is designed to keep you patient.
The "Risk Line" Breaker : If price closes beyond a Risk Line (e.g., closes above the green resistance line), the exhaustion has failed, and a "Setup Trend Extension" is occurring. In this case, exit your reversal trade immediately; the trend is stronger than the exhaustion.
Confluence with Higher Timeframes : A Perfected 9 on a 15-minute chart is strong; a Perfected 9 on a 15-minute chart that aligns with a 4-hour Risk Line is institutional grade.
TSM: Time-Series Momentum & Volatility Targeting [Moskowitz]TSM: Institutional Time-Series Momentum & Volatility Targeting (Moskowitz)
SUMMARY
TSM is a trend and risk-sizing indicator designed to convert price movement into a risk-adjusted regime signal and a single Recommended Exposure output. It addresses a common trend problem: direction can be correct while sizing is wrong during volatility expansions.
Recommended Exposure is a signed value where positive indicates bullish bias and negative indicates bearish bias. The magnitude reflects confidence after the volatility and quality filters are applied.
The engine combines volatility-scaled time-series momentum across multiple horizons with optional volatility targeting and an optional efficiency filter to reduce noise sensitivity and improve sizing discipline.
WHAT THIS INDICATOR GIVES YOU
A risk-adjusted momentum signal that is scaled by realized volatility rather than raw returns, so high-volatility noise is less likely to look like strong trend.
An optional volatility targeting layer that mechanically scales Recommended Exposure down when realized volatility rises and up when it falls, capped by Max Leverage.
An ensemble approach using fast, medium, and slow horizons with configurable weights, reducing dependence on a single lookback and lowering curve-fitting risk.
An optional R-squared efficiency filter that reduces exposure in choppy, low-quality trends, with a floor to avoid over-suppressing exposure.
Optional workflow features including a dashboard, trend cloud bands, threshold-based signals with cooldown, and alerts.
SCIENTIFIC FOUNDATION (PLAIN ENGLISH)
Time-Series Momentum (Moskowitz, Ooi, Pedersen 2012) describes the empirical tendency for an asset’s own past returns to predict its future returns in expectation, distinct from cross-sectional momentum which compares assets to each other.
Volatility clustering means markets alternate between calm and violent regimes; many traditional trend tools misread volatility shocks as sustainable trend. This indicator normalizes momentum by realized volatility to express trend significance relative to the regime.
Volatility targeting (Harvey et al. 2018) scales exposure inversely to realized volatility to stabilize risk. When volatility rises, recommended exposure is reduced mechanically; when volatility falls, exposure can increase, subject to a max leverage cap.
DATA AND SOURCES
This indicator uses only the chart symbol’s OHLC data. No external feeds, no COT libraries, and no third-party data sources are required.
It supports multi-timeframe calculation. You can compute the signal on the current chart timeframe, or use a fixed timeframe such as Daily to keep volatility math consistent when viewing intraday charts.
HOW THE ENGINE WORKS (HIGH LEVEL)
Step 1 estimates realized volatility from log returns over a chosen lookback. Step 2 computes a volatility-scaled momentum statistic for three horizons (fast, medium, slow) to measure how meaningful the move is relative to volatility. Step 3 clamps extreme values so outliers do not dominate. Step 4 combines the horizons into a weighted ensemble. Step 5 optionally applies an efficiency filter to reduce exposure in choppy trends. Step 6 optionally applies volatility targeting to scale exposure inversely with realized annualized volatility, capped by Max Leverage. The final output is Recommended Exposure as the combined result of direction, risk scaling, and quality filtering.
OUTPUTS AND HOW USERS SHOULD APPLY THEM
Recommended Exposure is the primary output. Positive values indicate bullish regime bias, negative values indicate bearish regime bias, and larger magnitude indicates higher risk-adjusted conviction after filters.
Typical use is as a position-sizing overlay: keep your own entry method and use Recommended Exposure to decide how aggressive or defensive sizing should be in the current regime.
Signals are optional and trigger when Recommended Exposure crosses user-defined thresholds. A cooldown reduces repeated triggers during consolidations, and direction can be restricted to long only, short only, or both.
The dashboard is optional and displays realized volatility versus target, ensemble momentum, the efficiency metric, the volatility scalar, the quality multiplier, and final Recommended Exposure, including the fast/medium/slow breakdown.
Trend cloud bands are optional and provide range context; they are not the signal and are intended as visual regime support.
SETTINGS GUIDE (WHAT MATTERS MOST)
Fixed Timeframe mode is recommended for consistent volatility math across chart timeframes; Current Chart mode is more sensitive to the displayed timeframe.
Momentum horizons control responsiveness versus stability. Shorter lookbacks react faster but whipsaw more; longer lookbacks are smoother but slower. Weights allow emphasizing fast responsiveness or slow regime confirmation.
Volatility targeting turns the tool into a sizing engine by scaling exposure inversely to realized volatility. Target annualized volatility sets the risk budget, and the annualization basis (365 vs 252) aligns conventions for crypto versus traditional markets. Max Leverage caps the scalar in very low-volatility regimes.
The efficiency filter reduces exposure in choppy conditions; the floor controls how harshly exposure is reduced. Threshold and cooldown control how selective discrete signals are.
LIMITATIONS (IMPORTANT FOR USERS)
This is a trend-following framework, so it will lag turning points by design. Sideways markets can still cause whipsaws; cooldown and the efficiency filter may reduce but cannot eliminate this. Volatility targeting can reduce drawdowns during volatility expansions but may reduce participation during sharp V-shaped reversals after volatility increases. The efficiency metric is a practical proxy for trend straightness and can misclassify certain price paths.
REFERENCES
Moskowitz, T. J., Ooi, Y. H., and Pedersen, L. H. (2012). Time series momentum. Journal of Financial Economics, 104(2), 228-250.
Harvey, C. R., Rattray, S., Sinclair, A., and Van Hemert, O. (2018). The impact of volatility targeting. Journal of Portfolio Management, 45(1), 14-33.
Hurst, B., Ooi, Y. H., and Pedersen, L. H. (2017). A century of evidence on trend-following investing. Journal of Portfolio Management, 44(1), 15-29.
DISCLAIMER
Educational and informational purposes only. Not financial advice. Trading involves risk. Past performance is not indicative of future results.
ICT Kill Zones PanelICT Kill Zones Panel - Clean & Simple Trading Sessions Indicator
A simple, objective indicator to identify ICT Kill Zones with real-time status and smart visual highlighting based on New York timezone.
WHAT MAKES IT DIFFERENT:
Traditional indicators clutter charts with dozens of colored boxes from past sessions. This tool provides a clean alternative:
- Real-time information panel showing current active session
- Smart dual-transparency painting: ACTIVE session displays stronger (more visible), historical sessions display softer (less clutter)
- Accurate session timing: Only shows active when session is actually happening
- Mobile-optimized size for phone trading
- Professional interface that doesn't interfere with price action
FEATURES:
- Real-Time Detection: Panel uses actual NYC time (timenow) to show which session is active NOW
- Precise Timing: Sessions activate ONLY during their specific time windows - all zones show inactive outside trading hours
- Smart Visual System: Currently active session has stronger background color, past sessions are softer
- Color Synchronization: Active session color in panel matches chart background color automatically
- Clean Highlighting: Optional background painting with adjustable transparency levels
- Full Customization: 9 panel positions, 4 sizes (Mobile/Small/Normal/Large), fully customizable colors
- All Sessions: Asian (20:00-01:00), London (02:00-05:00), NY AM (08:00-11:00), London Close (10:00-12:00), NY PM (13:00-16:00)
KILL ZONE SCHEDULE (NYC TIME):
1. Asian: 20:00 - 01:00 (5 hours)
2. INACTIVE: 01:00 - 02:00
3. London: 02:00 - 05:00 (3 hours)
4. INACTIVE: 05:00 - 08:00
5. NY AM: 08:00 - 11:00 (3 hours) - overlaps with London Close
6. London Close: 10:00 - 12:00 (2 hours) - overlaps with NY AM
7. INACTIVE: 12:00 - 13:00
8. NY PM: 13:00 - 16:00 (3 hours)
9. INACTIVE: 16:00 - 20:00
During INACTIVE periods, all sessions show as inactive in the panel.
COLOR SYSTEM:
ALL COLORS ARE FULLY CUSTOMIZABLE:
- Each Kill Zone has its own color setting (Asian, London, NY AM, London Close, NY PM)
- Default colors shown in screenshots are just examples
- Active session in panel: displays with its assigned color (e.g., green for NY AM by default)
- Same color appears on chart background with adjustable transparency
- Inactive sessions in panel: display with gray (also customizable)
- Panel background and text colors: fully customizable
- Choose colors that match your chart theme
The green color shown for active sessions in examples is the DEFAULT color for NY AM - you can change it to any color you prefer.
TRANSPARENCY SYSTEM EXPLAINED:
ACTIVE SESSION (happening right now):
- Default 70% transparency = STRONGER/MORE VISIBLE background
- Instantly shows which Kill Zone is unfolding
- Panel row highlights with the session's assigned color
- Chart background displays same color stronger
HISTORICAL SESSIONS (already passed):
- Default 90% transparency = SOFTER/LESS VISIBLE background
- Provides context without visual clutter
- Panel rows show gray (inactive color)
- Both transparency levels fully adjustable in settings
MOBILE OPTIMIZED:
Select "Mobile" panel size for optimal viewing on phone screens - compact layout perfect for smaller displays.
REPAINTING BEHAVIOR:
Panel Status & Colors: Update in real-time as sessions change - panel color switches to match the new active session (intentional for current awareness)
Active Session Highlighting: Adjusts in real-time to show current session stronger on chart
Historical Background Colors: Do NOT repaint - accurately mark when sessions occurred
Session Activation: Sessions activate and deactivate precisely at their scheduled times
CUSTOMIZATION:
- Panel: 9 positions, 4 sizes including Mobile
- Colors: Individual customizable color for each Kill Zone
- Panel Colors: Customizable background, text, and inactive zone colors
- Transparency: Separate controls for active (default 70%) and historical (default 90%) sessions
- Toggle: Show/hide individual zones
- Chart Painting: On/off
HOW TO USE:
1. Add to chart - panel appears top-right
2. Active session displays with its assigned color in panel and stronger on chart
3. Panel shows all zones as inactive during non-trading hours (accurate timing)
4. Panel color automatically changes when new session begins
5. Adjust all colors in settings to match your preferences
6. Adjust transparency settings for optimal visibility
7. Use "Mobile" size for phone trading
BEST FOR:
- ICT traders timing entries during high-liquidity periods
- Smart money concepts (FVG, Order Blocks, Liquidity)
- Traders who want clean charts with essential information
- Traders needing accurate session timing without false signals
- Mobile traders needing compact, clear displays
- Traders who want to customize colors to match their chart theme
TECHNICAL:
- Works on all timeframes
- Built with Pine Script v6
- NYC timezone with automatic DST adjustment
- Precise hour-based session detection
- Lightweight and optimized
- Open source
FEEDBACK WELCOME:
All comments, critiques, and suggestions are welcome! Your input helps improve this tool for the trading community.
Created by ivrank13 for traders who value simplicity, accuracy, and clean charts.
© 2026 ivrank13. All Rights Reserved.
#ICT #KillZones #SmartMoney #ForexSessions #CleanCharts #MobileTrading #CustomColors #AccurateTiming
M5 EMA Pullback Scalper (Anti-Chop + Dynamic Boxes)M5 EMA Pullback Scalper (Anti-Chop + Dynamic Boxes)
bezgincan_the power of3( VVM)Universal Alpha Engine: The Power of 3 (VVM) Description: The market is not just about price. You need to see the "fuel" behind the price. Unlike traditional indicators, Universal Alpha Engine combines three different dimensions in a mathematical synthesis: Momentum: Measures the speed of price change using ROC. Fuel (Volume): Checks whether money is actually flowing in or out through Money Flow Index (MFI) integration.
Pressure (Volatility): The standard deviation coefficient distinguishes whether the movement is "real" or "noise." Unique Features: Volatility Filter: If volatility is low (market is flat), the oscillator narrows, protecting you from false signals. Color-Coded Histogram: You can see not only the direction but also whether the momentum is increasing or decreasing from the color tones.
Alpha Signals: Triangles below the histogram indicate reversal signals in extreme regions. Usage Recommendation: Green triangles below the zero line represent the start of a voluminous and strong recovery. Dark red areas above the 15 level are "fatigue" zones; profit taking may be necessary.
guild wcaallows to identify trends and is very good yes it is guild ahh indicator just if yiu know yiou knoq
Day High And Low_FaysalThis indicator will help you find out previous day high and low. It works for those who want to use external liquidity strategy to take a trade.
Flow State Hours🧠Whattt… like you’re really trading without checking the session?
🤔 Let me guess… you’re getting wicked out, then your move plays out?
🔑Why is Price moving from that level?
⏳ Patience is key: wait your turn, wait for alignment
🚀 Session opens are critical—don’t take them lightly!
📈 Asia Session Midline is slept on....
💡Try it out! Will make your trading much easier!
Ultra Scalper Pro | ZLSMA + Chandelier Exit# Ultra Scalper Pro | ZLSMA + Chandelier Exit
## 📌 Overview
**Ultra Scalper Pro** is an all-in-one scalping indicator that combines the power of **Zero Lag LSMA (ZLSMA)** and **Chandelier Exit** with multiple confirmation filters. Designed for traders who want precise entry signals with clear TP/SL levels, this indicator works on any asset and any timeframe—though it shines brightest on lower timeframes (1m-15m) for scalping.
---
## 🎯 Key Features
### 🔹 Core Indicators
| Indicator | Purpose |
|-----------|---------|
| **ZLSMA (Zero Lag LSMA)** | Minimizes lag in trend detection using double-smoothed Least Squares Moving Average |
| **Chandelier Exit** | Dynamic ATR-based trailing stop that identifies trend reversals |
### 🔹 Confirmation Filters (All Toggleable)
- **RSI Filter** — Avoid overbought/oversold entries
- **Volume Filter** — Ensure sufficient market participation
- **EMA Crossover** — Confirm short-term trend direction
- **SuperTrend** — Additional trend confirmation
- **MACD** — Momentum validation
- **Stochastic** — Short-term momentum filter
- **Session Filter** — Trade only during preferred market sessions (Asia/Europe/US)
### 🔹 TP/SL System
Choose from **4 different modes**:
1. **ATR Based** — Dynamic levels based on market volatility
2. **Fixed %** — Set your own percentage targets
3. **R:R Ratio** — Risk-to-reward based targets
4. **Chandelier Based** — Use Chandelier Exit levels for SL
Each mode provides **3 Take Profit levels (TP1, TP2, TP3)** and a **Stop Loss** level, all visualized directly on your chart.
---
## 📊 How It Works
### Entry Logic
The indicator generates a **LONG signal** when:
- Price crosses above ZLSMA (or is above ZLSMA)
- Chandelier Exit flips to bullish (or is already bullish)
- All enabled confirmation filters align bullish
The indicator generates a **SHORT signal** when:
- Price crosses below ZLSMA (or is below ZLSMA)
- Chandelier Exit flips to bearish (or is already bearish)
- All enabled confirmation filters align bearish
### Signal Strength
- **Strong Signal** (Large Triangle) — Both ZLSMA crossover AND Chandelier Exit flip occur simultaneously with high volume
- **Normal Signal** (Small Triangle) — Standard entry conditions met
---
## ⚙️ Settings Guide
### General Settings
| Setting | Description |
|---------|-------------|
| Show Entry Signals | Display buy/sell triangles on chart |
| Show Labels | Display TP/SL price labels |
| Show Background Color | Highlight chart background based on position/trend |
| Enable Long/Short Signals | Toggle which direction to trade |
### ZLSMA Settings
| Setting | Default | Description |
|---------|---------|-------------|
| ZLSMA Length | 32 | Lookback period (lower = more responsive, higher = smoother) |
| ZLSMA Offset | 0 | Shift the line left/right |
### Chandelier Exit Settings
| Setting | Default | Description |
|---------|---------|-------------|
| ATR Period | 22 | Period for ATR calculation |
| ATR Multiplier | 3.0 | Distance from high/low (higher = wider stops) |
### Filter Settings
Each filter can be **enabled/disabled** independently. When disabled, that filter is ignored in the entry logic.
**Recommended for Scalping (5m):**
- ✅ ZLSMA: ON (Length: 32)
- ✅ Chandelier Exit: ON (ATR: 22, Mult: 3.0)
- ✅ RSI: ON (Period: 14)
- ✅ Volume: ON (Period: 20)
- ✅ EMA: ON (Fast: 9, Slow: 21)
- ⬜ SuperTrend: OFF (optional)
- ⬜ MACD: OFF (optional)
- ⬜ Stochastic: OFF (optional)
### TP/SL Settings
| Mode | Best For |
|------|----------|
| ATR Based | Volatile markets, adapts to conditions |
| Fixed % | Consistent risk management |
| R:R Ratio | Traders focused on risk-reward |
| Chandelier Based | Trend-following strategies |
---
## 📈 How to Use
### Step 1: Add to Chart
Add the indicator to your chart. It works on any symbol (Crypto, Forex, Stocks, Futures).
### Step 2: Configure Filters
Enable/disable filters based on your trading style:
- **Conservative**: Enable all filters for fewer but higher-quality signals
- **Aggressive**: Use only ZLSMA + Chandelier for more frequent signals
### Step 3: Set TP/SL Mode
Choose your preferred TP/SL calculation method based on your risk management style.
### Step 4: Watch for Signals
- 🟢 **Green Triangle (Below Bar)** = Long Entry
- 🔴 **Red Triangle (Above Bar)** = Short Entry
- Larger triangles = Stronger signals
### Step 5: Manage Your Trade
- Use the displayed TP1, TP2, TP3 levels for partial profit-taking
- Use the SL level for your stop loss
- Monitor the Info Table for real-time status
---
## 📋 Info Table Explained
The indicator displays a real-time information table showing:
| Field | Description |
|-------|-------------|
| ZLSMA | Current ZLSMA trend direction |
| Chandelier | Current Chandelier Exit direction |
| RSI | Current RSI value and status |
| Volume | Whether volume is above/below average |
| EMA Cross | Fast EMA vs Slow EMA relationship |
| SuperTrend | Current SuperTrend direction |
| MACD | MACD line vs Signal line |
| Stochastic | Stochastic K vs D relationship |
| ATR | Current ATR value |
| Position | Current tracked position (if any) |
| Entry | Entry price of current position |
| P&L | Unrealized profit/loss percentage |
---
## 🔔 Alerts
The indicator includes pre-configured alerts:
| Alert | Trigger |
|-------|---------|
| Long Signal | Any long entry signal |
| Short Signal | Any short entry signal |
| Strong Long | High-confidence long signal |
| Strong Short | High-confidence short signal |
| CE Buy Signal | Chandelier Exit flips bullish |
| CE Sell Signal | Chandelier Exit flips bearish |
| ZLSMA Bullish Cross | Price crosses above ZLSMA |
| ZLSMA Bearish Cross | Price crosses below ZLSMA |
| Any Entry Signal | Either long or short signal |
| Any Strong Signal | Either strong long or short |
**To set up alerts:**
1. Right-click on the chart
2. Select "Add Alert"
3. Choose "Ultra Scalper Pro" as the condition
4. Select your preferred alert type
---
## 💡 Tips for Best Results
### Timeframe Recommendations
| Timeframe | Style | Suggested Settings |
|-----------|-------|-------------------|
| 1m - 5m | Aggressive Scalping | ZLSMA: 20-32, CE ATR: 14-22 |
| 15m - 1H | Moderate Scalping | ZLSMA: 32-50, CE ATR: 22-30 |
| 4H - 1D | Swing Trading | ZLSMA: 50-100, CE ATR: 30-50 |
### Filter Combinations
- **High Win Rate**: Enable RSI + Volume + EMA filters
- **More Signals**: Disable RSI and Stochastic filters
- **Trend Following**: Enable SuperTrend + MACD filters
### Risk Management
- Always use the SL level provided
- Consider taking partial profits at TP1 and TP2
- Let remaining position run to TP3 or use trailing stop
---
## ⚠️ Disclaimer
This indicator is a tool to assist your trading decisions, not a guarantee of profits. Always:
- Use proper risk management
- Never risk more than you can afford to lose
- Backtest on your preferred asset before live trading
- Combine with your own analysis
Past performance does not guarantee future results. Trading involves substantial risk of loss.
---
## 📝 Changelog
**v1.0** (Initial Release)
- ZLSMA + Chandelier Exit core system
- 6 confirmation filters
- 4 TP/SL modes
- Real-time info table
- Session filter
- Comprehensive alert system
---
## 🙏 Credits
- ZLSMA concept based on Zero Lag Moving Average principles
- Chandelier Exit originally developed by Charles Le Beau
---
**If you find this indicator helpful, please leave a like and follow for future updates!**
*Happy Trading! 🚀*
Institutional RSI Decision EngineInstitutional RSI Decision Engine (IRDE)
The Institutional RSI Decision Engine (IRDE) is a decision-support indicator, not a trading strategy and not a signal generator.It is designed to help discretionary traders assess market readiness, pressure dynamics, and contextual alignment before considering execution.This tool does not predict price, place trades, or provide buy/sell signals.
🔍 What IRDE Evaluates
IRDE combines multiple institutional-style filters to classify the quality of the current market environment:
• RSI Pressure Exhaustion
Uses a multi-speed RSI ensemble (5 / 9 / 14) to measure exhaustion strength, not single overbought/oversold signals.
• Pressure State
Identifies whether pressure is BUILDING, FADING, or NEUTRAL to avoid late reactions.
• Trend Context
Validates exhaustion direction using EMA-based structural alignment.
• Institutional Location
Checks proximity to:
Daily High
Daily Low
VWAP using ATR-based tolerance.
• Volatility Regime
Classifies market conditions as ACTIVE, NORMAL, or DEAD using ATR expansion/contraction.
• Higher-Timeframe Confirmation
Re-evaluates the same RSI pressure logic on a user-defined higher timeframe.
🧩 Readiness vs Signals (Important)
IRDE does NOT generate entries.
Instead, it answers questions such as:
Is the market structurally prepared?
Is exhaustion pressure meaningful or weak?
Is price reacting at a relevant location?
Is volatility supportive or suppressive?
READY dots indicate structural preparedness only — not trade entries.
📊 Setup Quality Scoring
IRDE produces a Setup Quality Score (A / B / C) based on:
Pressure strength
Trend alignment
Location validity
HTF alignment
Volatility regime
Pressure behavior (building vs fading)
This score represents contextual quality, not probability.
🖥️ User Interface
The on-chart table provides full transparency, displaying:
RSI pressure and direction
HTF alignment
Volatility regime
Setup grade and score
Reasoning behind the grade
Market readiness state
A compact UI mode is included for cleaner charts.
⚠️ Important Disclaimers
• This is not a trading strategy
• This script does not place trades
• READY conditions are not entry signals
• No indicator guarantees profitability
• Always apply independent risk management
Designed for traders who understand market structure and discretionary execution.
Trading Command Center# Trading Command Center (TCC)
## 📊 All-In-One Confluence Trading System
**Stop guessing. Start confirming.**
The Trading Command Center combines the most essential technical analysis tools into a single, unified indicator with a real-time **Confluence Dashboard** that tells you when multiple signals align—giving you higher-probability trade setups.
---
## 🎯 What Is Confluence Trading?
Professional traders don't rely on a single indicator. Studies show that **85% of professional traders use 2+ indicators** to confirm entries. Confluence trading means waiting for multiple independent signals to agree before taking action.
**One signal = noise. Multiple signals = conviction.**
This indicator does the heavy lifting by:
- Displaying all key technical levels on your chart
- Automatically scoring bullish vs bearish signals
- Alerting you when high-confluence setups appear
---
## 📦 What's Included
### On-Chart Overlays
| Component | What It Shows |
|-----------|---------------|
| **EMAs (9, 21, 50, 200)** | Trend direction at multiple timeframes |
| **VWAP + Bands** | Institutional fair value & standard deviation levels |
| **Dynamic S/R Zones** | Auto-detected support/resistance with touch counts |
| **Auto Trendlines** | Connecting recent pivot highs and lows |
| **Volume Highlights** | Background shading when volume exceeds 1.5x average |
### Dashboard Analysis (Top Right Panel)
| Indicator | Dashboard Shows |
|-----------|-----------------|
| **EMA Stack** | Perfect/partial bullish or bearish alignment |
| **Price vs EMA 200** | Above/below with % distance |
| **Price vs VWAP** | Intraday institutional bias |
| **RSI (14)** | Value + overbought/oversold status |
| **MACD** | Bullish/bearish + momentum direction + crosses |
| **Volume** | Ratio vs 20-period average |
| **ATR** | Current volatility level |
| **Confluence Score** | Net score from -10 to +10 |
---
## 🚦 How The Confluence Score Works
The system awards points for bullish and bearish conditions:
### Bullish Points
- Perfect EMA stack (9 > 21 > 50 > 200): **+2**
- Partial EMA alignment: **+1**
- Price above VWAP: **+1**
- RSI bullish (50-70): **+1**
- RSI oversold (<30): **+2** *(potential reversal)*
- MACD above signal: **+1**
- MACD rising momentum: **+1**
- MACD bullish cross: **+2**
- Above 200 EMA: **+1**
- High volume + green candle: **+1**
### Bearish Points
*(Mirror of above for bearish conditions)*
### Signal Interpretation
| Score | Meaning |
|-------|---------|
| **+5 to +10** | 🟢 STRONG BUY - Multiple confirmations aligned |
| **+2 to +4** | Bullish bias |
| **-1 to +1** | Neutral / Mixed signals |
| **-2 to -4** | Bearish bias |
| **-5 to -10** | 🔴 STRONG SELL - Multiple confirmations aligned |
---
## 📈 How To Use This Indicator
### For Trend Following
1. Check the **EMA Stack** status in the dashboard
2. Confirm price is on the correct side of **VWAP**
3. Wait for **confluence score ≥ +3** (longs) or **≤ -3** (shorts)
4. Use S/R zones for entry/exit targets
### For Reversal Trading
1. Look for **RSI overbought/oversold** conditions
2. Watch for price at a **Dynamic S/R Zone**
3. Wait for **MACD cross** confirmation
4. Enter when confluence supports the reversal
### For Day Trading
1. Use **VWAP** as your primary bias (above = long bias, below = short bias)
2. Trade pullbacks to **EMA 9/21** in the direction of VWAP
3. Avoid entries when **ATR** shows "HIGH VOL" (choppy conditions)
4. Target the opposite **VWAP band** or nearest S/R zone
---
## ⚙️ Recommended Settings
### Default (Works for most markets)
All settings are optimized out of the box for stocks, crypto, and forex on 5min-Daily charts.
### Scalping (1-5 min charts)
- Reduce Pivot Lookback to 5-7
- Reduce Zone Width to 0.3%
### Swing Trading (4H-Daily)
- Increase Pivot Lookback to 15-20
- Increase Zone Width to 0.8-1.0%
---
## 🔔 Alerts Included
- **Strong Bullish Confluence** - Multiple indicators aligned bullish
- **Strong Bearish Confluence** - Multiple indicators aligned bearish
- **MACD Bullish/Bearish Cross** - Momentum shift
- **RSI Overbought/Oversold** - Extreme readings
- **Volume Spike** - Volume exceeds 2.5x average
---
## 💡 Pro Tips
1. **Don't chase low-confluence setups** - Wait for score ≥ +3 or ≤ -3
2. **Respect the 200 EMA** - It defines the macro trend
3. **Volume confirms moves** - High volume signals are more reliable
4. **S/R zones with more touches are stronger** - Look for + touch counts
5. **MACD crosses near zero line are strongest** - Avoid extended readings
---
## ⚠️ Important Notes
- **RSI, MACD, and ATR values are shown in the dashboard only** (not plotted separately). If you want the actual plots, add TradingView's built-in indicators alongside this one.
- **This is a tool, not a trading system** - Always use proper risk management
- **Past performance ≠ future results** - Confluence improves probability, not certainty
---
## 🔧 Customization
All components can be toggled on/off:
- Show/hide EMAs, VWAP, S/R Zones, Trendlines
- Adjust all lengths and multipliers
- Change colors to match your chart theme
- Move dashboard position (all 4 corners)
---
**Questions or suggestions?** Drop a comment below!
*If this indicator helps your trading, please leave a like/follow—it helps others find it too.*
---
**Tags:** confluence, ema, vwap, rsi, macd, support resistance, trendlines, volume, atr, dashboard, all-in-one, trading system, beginner friendly
Commodity Channel Index - CCIOverview
This enhanced Commodity Channel Index (CCI) indicator provides traders with a sophisticated visualization of market momentum and trend direction. By combining the classic CCI oscillator with customizable moving averages and advanced visual features, it offers clear signals for identifying bullish and bearish market conditions.
Core Functionality
Indicator Components
CCI Oscillator - Measures how far current price deviates from its statistical average
Moving Average Filter - Smooths CCI values using your choice of 7 MA types
Visual Zones - Color-coded overbought/oversold areas with gradient fills
Market Bias Display - Prominent bullish/bearish label for quick interpretation
Key Features
📊 Customizable Calculations
Adjust CCI period (default: 55) for sensitivity tuning
Select MA type (EMA, SMA, WMA, HMA, etc.) and period (default: 30) for smoothing
Flexible moving average system supporting multiple calculation methods
🎨 Advanced Visualization
Dynamic Color Coding: CCI line turns green when bullish (>50), red when bearish (≤50)
Gradient Fill Zones:
Green gradient between CCI and midline for overbought region (200 to 0)
Red gradient between CCI and midline for oversold region (0 to -100)
Multiple Plot Layers: CCI line, MA line, midline, and fill areas for comprehensive view
🔍 Clear Signal Interpretation
Bullish Condition: CCI > 50 (green zone)
Bearish Condition: CCI ≤ 50 (red zone)
Overbought Warning: CCI in upper gradient zone
Oversold Opportunity: CCI in lower gradient zone
📱 User-Friendly Display
Large "⬆️ Bullish" or "⬇️ Bearish" label in corner for immediate bias assessment
Thick CCI line (width 3) for easy visibility
Yellow MA line for trend direction confirmation
Trading Applications
Trend Identification
Use CCI position relative to 50 midline for trend bias
MA line confirms trend strength and direction
Long periods (110/30) optimized for capturing sustained trends
Potential Reversal Zones
Gradient fills highlight overbought/oversold extremes
Watch for CCI crossing the 50 level for trend change signals
Combine with MA line crosses for confirmation
Market Sentiment Assessment
Quick visual scan of color reveals current market bias
Label provides unambiguous bullish/bearish classification
Multiple timeframes supported through adjustable periods
Usage Recommendations
📈 For Trend Following:
Trade in direction indicated by CCI > 50 (bullish) or ≤ 50 (bearish)
Use MA line as dynamic support/resistance for CCI
Consider entries when CCI pulls back toward 50 in trend direction
🔄 For Mean Reversion:
Watch for extremes in gradient zones for potential reversals
Monitor for CCI crossing back through 50 after reaching extremes
Use MA line as confirmation for reversal validity
⚖️ For Confirmation:
Pair with other indicators for signal confirmation
Use as secondary tool to validate primary trading system signals
Adjust periods to match your trading timeframe
Customization Options
CCI Length: Adjust sensitivity (higher = smoother, lower = more responsive)
MA Type & Length: Choose smoothing method and period
Visual Elements: All colors and fills are built-in but based on logic conditions
Unique Advantages
Immediate Clarity: Color-coding and label remove interpretation ambiguity
Enhanced Visualization: Gradient fills provide intuitive overbought/oversold zones
Dual Analysis: Combines oscillator (CCI) with trend tool (MA) in one view
Flexible Configuration: Multiple MA types accommodate different trading styles
This indicator transforms the traditional CCI into a comprehensive trading tool that provides clear visual cues for market direction, momentum extremes, and trend confirmation—all in a single, customizable package.
BB + RSI Crossover SystemThe system should act with the following two indicators:
1) Bollinger band (50,2) and
2) RSI (30)
The condition is : Draw a buy signal on the price chart when price crosses and closes above the lower bollinger band from below and the 14 sma crosses the rsi (30) from below.
Directional Movement Index - DMIThis Pine Script is a Directional Movement Index (DMI) indicator for TradingView that provides a comprehensive visualization of trend direction and strength with several enhanced visual features.
📊 Core Indicator Components:
1. Directional Indicators:
+DI (Green line): Measures upward trend momentum
-DI (Red line): Measures downward trend momentum
ADX (Blue line, optional): Measures overall trend strength (can be toggled on/off)
2. Key Calculations:
Uses built-in ta.dmi() function to calculate all three components
isBull condition: Determines current bias based on which DI line is higher
Bull signal: When +DI crosses above -DI
Bear signal: When +DI crosses below -DI
🎨 Visual Design Features:
1. Chart Plotting:
Thick lines (width=3) for +DI and -DI for better visibility
Color-coded plots: Green (+DI), Red (-DI), Blue (ADX)
2. Background Highlighting:
Light green background on bullish crossovers
Light red background on bearish crossovers
Uses 60% transparency for subtle visual cues
3. Real-time Status Panel:
Fixed table in the middle-right of the chart
Displays "↑ Bullish" (green) or "↓ Bearish" (red) in huge text
Updates on every bar to show current market bias
4. Line Labels:
Text labels at the right edge identifying each line
Color-matched to their respective indicators
ADX label only appears when ADX is enabled
⚙️ User Controls:
ADX toggle: Show/hide the ADX line
DI Length: Adjust calculation period (default 17)
ADX Smoothing: Fine-tune ADX smoothing (default 1)
📈 Trading Application:
Trend Identification: Which direction has stronger momentum
Signal Generation: Crossovers indicate potential trend changes
Trend Strength: ADX (when shown) indicates if a trend is strong (>25) or weak
Visual Clarity: Multiple visual cues make signals easy to spot
🖥️ Display Logic:
The script intelligently handles what to display based on user settings
When ADX is disabled, it plots na (not available) to avoid scale distortion
All visual elements update dynamically with each new bar
🎯 Unique Aspects:
Multi-layered visualization: Combines lines, background colors, labels, and a status table
Clean separation: Uses box-drawing characters to organize code sections
Right-edge labeling: Makes indicator identification clear even on crowded charts
Immediate bias recognition: The large text table provides instant market bias assessment
This indicator is particularly useful for traders who want a clear, visually rich representation of trend direction without needing to interpret multiple lines simultaneously. The color-coded background and status panel provide quick visual confirmation of market conditions.
CMO Checklist (MHM)CMO Checklist is a manual trading checklist indicator designed to help traders
confirm market conditions step by step.
This tool is fully manual and does NOT generate signals.
It is intended for discretionary traders who follow structured setups
such as ICT / CMO-style execution models.
Features:
• Clean and compact checklist table
• Manual check / uncheck via inputs
• Fixed position (top-right)
• No repaint
• Pine Script v6 compatible
This indicator does not generate trading signals.
It is a visual checklist only.
• Manual
• Checklist
• No signals
• Educational / Trading tool
