SHUBHAM V7aits a combination of 22 and 200 simple moving average for better accuracy and trend identification for beginners which minimise your losses with showing right trend and also calculate the ATR value for buy/sell signals by SHUBHAM VAIRAGEE
Индикаторы и стратегии
maimaimart"Price Action Volumetric Order Blocks" indicator aims to identify significant price zones in the market based on a combination of price action and volume analysis. It utilizes the concept of "Order Blocks," which are areas on the chart where large orders are believed to have been placed, influencing price behavior. By analyzing price swings and volume activity, the indicator attempts to highlight potential support and resistance levels.
ORB with Fib Levels - TradingbrockOpening Range (OR) Indicator Overview
This TradingView indicator analyzes and displays the Opening Range - a popular day trading concept that tracks price movement during the first 30-60 minutes of the trading session.
Core Functionality:
Opening Range Detection: By default, it monitors the 9:30-10:00 AM ET period and tracks the highest high and lowest low during this time frame, creating upper and lower boundaries.
Fibonacci Retracement Levels: Inside the opening range, it displays five key Fibonacci levels:
0.236 (23.6% - shallow retracement)
0.382 (38.2% - standard retracement)
0.500 (50% - halfway point)
0.618 (61.8% - golden ratio)
0.786 (78.6% - deep retracement)
Extension Levels: The indicator projects additional levels beyond the opening range:
1x extension above/below the range
2x extension levels that only appear when price breaks the first extension
Trading Applications:
Support & Resistance: The opening range high/low often act as key levels throughout the trading day
Breakout Trading: Many traders watch for price to break above or below the opening range
Mean Reversion: The Fibonacci levels within the range can serve as potential reversal points
Risk Management: Helps define clear levels for stop losses and profit targets
The indicator essentially gives traders a framework to understand how price is behaving relative to the early session's established range, which often sets the tone for the entire trading day.
VWMA CandlesVWMA Candles – Smarter Candle Coloring with Volume Awareness
This indicator enhances your chart candles by showing their relationship to the Volume-Weighted Moving Average (VWMA). It visually integrates the VWMA and price action, making it easier to spot momentum shifts, value zones, and price interaction with volume-weighted levels. I saw this indicator idea from TrendSpider on threads and decided to try and make my own. This is my first publicly shared script so go easy on me!
IN ORDER FOR THE COLOR CODING TO WORK PROPERLY, YOU MUST:
GO TO -> CHART SETTINGS -> SYMBOLS AND DISABLE BODIES, BORDERS, AND WICKS.
How it works:
The VWMA is plotted on your chart with a customizable band around it.
Candles change color depending on their position relative to the VWMA and its band:
Green → Price is above the VWMA (bullish bias).
Orange → Price is near or touching the VWMA/band (potential reaction zone).
Red → Price is below the VWMA (bearish bias).
You can choose between custom candles (full plotcandle styling) or simply recolor your existing chart candles with barcolor.
Customization options:
Select how the band is calculated: by % of VWMA, ATR multiple, or Ticks/Points.
Adjust colors separately for candle body, wick, and border.
Choose to show/hide the VWMA line and the band fill.
Fine-tune transparency for a clean look on any chart background.
Why traders use it:
Quickly spot when price is stretched away from the VWMA (overextended conditions).
Identify when candles are interacting with the VWMA (potential support/resistance).
Add volume-sensitivity to your trend analysis compared to standard moving averages.
Authors Note: The default settings work well with stocks on the weekly timeframe, although this can be used on any timeframe. The settings are highly adjustable for you to tune it to your liking.
Options Greeks AnalyzerOptions Greeks Analyzer (Training & Learning Guide)
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1. Introduction
Options trading is advanced compared to regular stock trading, and one of the most important aspects is Options Greeks. Greeks are mathematical values that measure how the price of an option will react to changes in various factors such as the underlying asset’s price, volatility, interest rates, and time to expiry.
This Options Greeks Analyzer tool is built using TradingView Pine Script v5. It serves as a real time training and analysis dashboard that helps learners visualize how options greeks behave, how option prices change, and how traders can make informed decisions.
📌 Educational Disclaimer:
This tool is only for training and learning purposes. It is not a financial advice tool nor to be used for live trading decisions. The data shown is theoretical Black Scholes model calculations, which may differ from actual option market prices.
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2. How the Tool Works
The Options Greeks Analyzer is divided into different modules. Below is a step by step walkthrough:
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Step 1: User Inputs
• Implied Volatility (IV%) — You can manually enter volatility, which is the most important factor in option pricing. Higher IV = higher option premium.
• Expiry Selection — Choose from preset durations like 7D, 14D, 30D etc. Days to expiry directly affect time decay (Theta).
• Strike Price Mode — You can select either:
o ATM (At-the-Money = Current price of stock/index)
o Custom strike (Enter your own strike price)
• Risk-Free Rate (%) — A small interest rate factor (like government bond yield) used for theoretical valuation.
• Table Customization — Choose table size, position, and whether to show price lines for easy visibility.
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Step 2: Market Data & Volatility
• The tool takes the current market price (Spot Price) as input.
• It calculates realized volatility from historical price fluctuations (using past 30 bars/log returns).
• Implied Volatility (manual input) is then compared to realized vol:
o If IV > Historical Volatility → Market pricing is “expensive” (HIGH IV RANK).
o If IV < Historical Volatility → Market is “cheap” (LOW IV RANK).
o Otherwise, it’s MEDIUM.
📌 Why it matters?
Traders can decide whether buying or selling options is favorable. Beginners learn that timing entry with volatility is more critical than just looking at market direction.
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Step 3: Black-Scholes Formula
The core engine uses the Black-Scholes model, a mathematical formula widely used to compute option fair prices.
It uses the following inputs:
• Current price (Spot)
• Strike Price
• Time to Expiry (T)
• Risk Free Rate (r)
• Implied Volatility (σ)
This produces:
• Call Option Price
• Put Option Price
📌 This teaches learners how premiums are derived theoretically and why the same strike can have different values depending on IV and time.
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Step 4: Option Greeks Calculation
The tool computes the first order Greeks:
• Delta → Measures how much the option price changes when the underlying stock moves by 1 point.
(Call Delta ranges 0–1, Put Delta ranges -1 to 0).
• Gamma → Sensitivity of Delta to price change. A measure of volatility risk.
• Theta → Time decay. Shows how much value option loses as each day passes. Calls and Puts have negative Theta (decay).
• Vega → Measures how sensitive option price is to volatility changes.
• Rho → Interest rate sensitivity. Mostly minor in equity options but important for training.
📌 New traders learn how each factor impacts profits/losses. Instead of random guessing, they see mathematical impact in numbers.
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Step 5: Dashboard & Visualization
The tool builds a professional dashboard table on the chart.
It shows categories such as:
1. Asset Info — Spot, Strike, DTE (days to expiry), IV%, IV Rank, 1-Day Trend, Moneyness (ATM/OTM/ITM).
2. Option Prices — Call, Put, Break-even levels, Time Value, Expected Move (%), Realized vs Implied Vol.
3. Greeks with Visual Progress Bars — Easily shows Delta, Gamma, Vega, Theta, Rho in intuitive graphical representations.
4. Status Bar — Suggests theoretical bias like:
o HIGH IV → Favor Option Selling
o LOW IV → Favor Option Buying
o MEDIUM → Neutral observation
5. Recommendation Line — Offers training-based suggestions like “Buy Straddles”, “Sell Call Spreads”, etc. These are not signals, but scenarios to learn strategies.
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3. How It Helps Beginners
1. Learn Greeks in Action:
Beginners often memorize formulas but never see real-time changes. This dashboard updates every bar to show how Greeks change dynamically.
2. Compare Volatilities:
Traders understand difference between historical vs implied volatility and why option premiums behave differently.
3. Understand Risk Levels:
The tool highlights when Gamma risk is high (danger for sellers) or when Theta is most favorable.
4. Training Mode for Strategies:
Helps beginners experiment by changing IV, strike, expiry and seeing how straddles, spreads, naked options would behave theoretically.
5. Prepares Before Live Trading:
Safe environment to practice option analysis without risking capital.
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4. Educational Use Cases
• Scenario 1: Change expiry from 7D to 30D — see how Theta becomes slower for longer expiries.
• Scenario 2: Increase IV from 25% to 80% — watch how option premiums inflate, and recommendation changes from “Buy” to “Sell”.
• Scenario 3: Select OTM vs ITM strikes — check how delta moves from near 0 to near 1.
By running these scenarios, learners understand why professional traders hedge Greeks instead of directional gambling.
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5. Disclaimer
This Options Greeks Analyzer is built strictly for educational and training purposes.
• It uses theoretical formulas (Black-Scholes) that may not match actual option market prices.
• The recommendations are for learning strategy logic only, not real-world execution signals.
• Trading in options carries significant risks and may result in capital loss.
📌 Always consult with a financial advisor before applying real strategies.
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✅ Summary
This Options Greeks Analyzer:
• Teaches how Greeks, IV, and premiums work.
• Provides a real-time interactive dashboard for training.
• Helps beginners practice option scenarios safely.
• Is meant strictly for learning and not live trading execution.
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Disclaimer from aiTrendview
This script and its trading signals are provided for training and educational purposes only. They do not constitute financial advice or a guaranteed trading system. Trading involves substantial risk, and there is the potential to lose all invested capital. Users should perform their own analysis and consult with qualified financial professionals before making any trading decisions. aiTrendview disclaims any liability for losses incurred from using this code or trading based on its signals. Use this tool responsibly, and trade only with risk capital.
TP Hunter [Sniper Trading System]TP Hunter Overlay — Sniper Trading System Suite
What it is
TP Hunter helps with the hardest part of trading: exits. It plots Take Profit zones (TP1/TP2/TP3) using a standard deviation model around a 20-period moving average (“Centerline”). When price reaches a target, TP Hunter marks it on the chart and can trigger an alert—so you can scale out with discipline.
How it works (plain language)
The Centerline is a 20-period SMA (average price).
The script measures recent volatility (standard deviation) and projects TP levels above/below the Centerline.
If price is above the Centerline, the script treats it as buy context; below = sell context.
When price touches a TP level in that context, the indicator prints a shape (TP1 green, TP2 orange, TP3 red) and alerts can fire.
Inputs
TP1/TP2/TP3 Multiplier: distance of each target from the Centerline (in standard deviations).
RSI Period / Levels: optional filter to avoid extreme conditions (default enabled).
Show TP Hit Labels: toggle the on-chart labels.
Visuals
Centerline (gray)
TP hits:
Buy hits = triangles above bars (TP1/TP2/TP3 = green/orange/red).
Sell hits = triangles below bars (TP1/TP2/TP3 = green/orange/red).
Alerts
TP1/TP2/TP3 hit alerts for both buy and sell contexts.
Suggested workflow: set alerts, scale out at TP1/TP2, reserve a runner for TP3.
Best practices
Use TP Hunter to plan exits after your own entry signal (e.g., time-based or liquidity-based entries).
If you want fewer but stronger targets, increase the multipliers.
If you want more frequent targets, decrease them slightly.
RSI filter can reduce noise during extreme momentum.
Notes & Limitations
This is an overlay tool for exit management, not a standalone entry system.
Shapes confirm on bar close; alerts can trigger intrabar when a level is touched.
No financial advice. Past performance does not guarantee future results.
BUY & SELL Probability (M5..D1) - MTFMTF Probability Indicator (M5 to D1) - Dual Color Histogram with Smoothing and Buy/Sell LabelsOverviewThis indicator calculates a probabilistic bias for buy or sell opportunities across multiple timeframes (from 5-minute to Daily), combining trend analysis from EMA (200-period), momentum from MACD, and strength from ADX. It incorporates higher timeframe weighting, momentum emphasis, and Smart Money Concept (SMC) influences via ADX scoring. Additionally, it adjusts for proximity to recent support/resistance levels to refine the probability.The output is visualized as:A dual-color histogram in a sub-panel (green for bullish bias ≥50%, red for bearish <50%), smoothed for reduced noise.
Buy/Sell percentage labels on the main chart, displayed above (Buy) and below (Sell) the last candle for quick reference.
Probabilities are clamped between 0% and a user-defined max (default 100%), ensuring realistic outputs. This tool is designed for traders seeking multi-timeframe confluence, helping identify potential entry points in trending or ranging markets.Key FeaturesMulti-Timeframe Analysis: Aggregates data from M5, M15, H1, H4, and D1, starting from the current chart's timeframe upward. Weights can be customized for each TF to emphasize lower or higher frames.
Component Weights: Balances trend (EMA-based), momentum (MACD), and SMC/strength (ADX) with adjustable ratios.
Smoothing: Applies a simple moving average (SMA) to the buy probability for smoother readings.
Support/Resistance Adjustment: Influences the score based on proximity to recent highs/lows within a lookback period, adding a price action layer.
Boost for Current TF: Optionally amplifies the weight of the starting timeframe for more responsive signals on lower charts.
Visuals: Histogram for trend bias visualization; labels for precise % readouts on the last bar.
How It WorksTrend Score: Derived from price position relative to EMA(200) on each TF (+100% if above, -100% if below).
Momentum Score: Based on MACD line vs. signal (+100% if bullish cross, -100% if bearish).
ADX Score: Measures trend strength (scaled to 0-100%, where higher ADX boosts the directional bias).
Aggregation: Scores are weighted by TF percentages and component weights (Trend, Momentum, SMC), then combined.
S/R Adjustment: Adds/subtracts influence based on closeness to recent highs (resistance) or lows (support).
Probability Calculation: Final buy % = 50% + (total score / 2), clamped; sell % = 100% - buy %.
Smoothing & Display: Buy % is smoothed via SMA; histogram shows deviation from 50%; labels update on the last bar.
InterpretationBuy Bias (Green Histogram >0): Suggests bullish probability >50%. Higher bars indicate stronger confluence.
**Sell Bias (Red Histogram <0)**: Suggests bearish probability >50%. Lower bars indicate stronger downside bias.
Labels: "BUY: XX%" above the candle (lime background) and "SELL: YY%" below (red background). Use these for quick probability checks—e.g., BUY 70% implies a 70/30 bullish edge.
Neutral Zone: Around 50% indicates low confluence; avoid trading or wait for confirmation.
Best Use: Combine with price action, volume, or other indicators. Ideal for swing trading on H1+ charts or scalping on M5/M15 with higher TF weights.
Input ParametersEMA 200 Period: Length for the trend EMA (default: 200).
MACD Settings: Fast (12), Slow (26), Signal (9).
ADX Period: For trend strength (14).
Weights:Higher Time Frame (Trend): 0.4
Momentum: 0.4
SMC (ADX): 0.3
TF Weights (%): M5 (40), M15 (0), H1 (30), H4 (30), D1 (0). Total should sum to 100% for normalization.
Used Timeframe Boost: Multiplier for the starting TF (1.0 = no boost).
Probability Clamp: Max buy % (100.0).
Smoothing Period: SMA length for buy prob (3).
S/R Lookback: Bars for high/low detection (50).
S/R Proximity Influence: Strength of adjustment (10.0).
Colors: Buy (lime), Sell (red).
Notes & LimitationsThis is not financial advice—use for educational/informational purposes only. Backtest thoroughly.
Performance may vary by asset; optimize weights for stocks, forex, or crypto.
On very low timeframes (
CCI Levels Advanced [CongTrader]📌 Final Professional Description (ready to publish)
Overview
CCI Levels Advanced is an enhanced version of the Commodity Channel Index (CCI).
This indicator expands on the classic CCI by introducing extreme overbought/oversold zones, background highlights, visual cross markers, and customizable alerts. It is designed as a flexible tool for traders who want clearer insights into market momentum and potential turning points.
Features
Customizable CCI length – fine-tune sensitivity for different assets and timeframes.
Overbought/Oversold thresholds – adjustable levels to match your strategy.
Extreme zone highlights – visual shading when CCI reaches unusually strong levels.
Cross markers – ▲ / ▼ markers when CCI crosses oversold or overbought zones.
Alert system – built-in conditions for crossovers and extreme levels.
How to Use
Use CCI levels to detect momentum shifts and potential exhaustion points.
Overbought/oversold levels may highlight conditions of market pressure, but they are not direct buy/sell signals.
Extreme zones can be used as filters to avoid weaker signals.
Combine with trend filters, support/resistance, or volume indicators for confirmation.
Notes
This script is a technical analysis tool.
It does not generate guaranteed trading signals.
Past performance does not guarantee future results.
Always backtest and validate with additional analysis.
Disclaimer
This indicator is published for educational and analytical purposes only.
It should not be interpreted as financial advice or a recommendation to buy or sell any asset.
Trading involves risk, and you are solely responsible for your own investment decisions...
Gold Scalping Trend Strategy [Optimized] joey🟡 Gold Scalping Trend Strategy – Explained
This is a short-term scalping strategy designed for XAU/USD (gold), but it can also be applied to other volatile instruments.
It combines trend detection (moving averages + ATR filter) with scalping take-profit levels and a safety stop-loss.
The goal is to ride small but high-probability moves in the direction of the intraday trend while protecting capital.
线-美元指数灯1️⃣ 设计目的
帮助交易者快速判断当前市场风险状态，会自动匹配当前品种数据
将宏观美元走势与主币种短期趋势结合，给出 红/橙/绿三色风险提示
2️⃣ 数据来源与逻辑
宏观因素
参考美元指数（DXY）日线涨幅
作用：美元走强 → 全球风险资产承压 → 风险增加
主币种短期趋势
EMA斜率（1小时）判断趋势方向
RSI（1小时）判断超买/超卖状态
风险评分系统
每个条件满足则计1分
分数规则：
2分及以上 → 红灯（高风险，建议暂停策略）
1分 → 橙灯（中风险，小仓谨慎）
0分 → 绿灯（低风险，可正常操作）
1️⃣ Design Purpose
Helps traders quickly assess current market risk.
Combines macro dollar trends with short-term trends of the underlying currency to generate red, orange, and green risk alerts.
2️⃣ Data Source and Logic
Macro Factors
References to the daily gains of the US Dollar Index (DXY)
Impact: A stronger US dollar → pressure on global risk assets → increased risk
Short-term trends of underlying currencies
EMA slope (1-hour) determines trend direction
RSI (1-hour) determines overbought/oversold conditions
Risk Scoring System
Each condition met is assigned 1 point.
Scoring Rules:
2 points and above = Red (High risk, recommend pausing the strategy)
1 point = Orange (Medium risk, caution with small positions)
0 points = Green (Low risk, normal operation)
Top and Bottom Probability
The top and bottom probability oscillator is an educational indicator that estimates the probability of a local top or bottom using four ingredients:
price extension since the last RSI overbought/oversold,
time since that OB/OS event,
RSI divergence strength,
Directional Momentum Velocity (DMV) — a normalized, signed trend velocity.
It plots RSI, two probability histograms (Top %, Bottom %), and an optional 0–100 velocity gauge.
How to read it
RSI & Levels: Standard RSI with OB/OS lines (70/30 by default).
Prob Top (%): Red histogram, 0–100. Higher values suggest increasing risk of a local top after an RSI overbought anchor.
Prob Bottom (%): Green histogram, 0–100. Higher values suggest increasing chance of a local bottom after an RSI oversold anchor.
Velocity (0–100): Optional line. Above 50 = positive/upward DMV; below 50 = negative/downward DMV. DMV pushes Top risk when trending down and Bottom chance when trending up.
These are composite, scale-free scores, not certainties or trade signals.
What the probabilities consider
Price Delta: How far price has moved beyond the last OB (for tops) or below the last OS (for bottoms). More extension → higher probability.
Time Since OB/OS: Longer time since the anchor → higher probability (until capped by the “Time Normalization (bars)” input).
Oscillator Divergence: RSI pulling away from its last OB/OS reading in the opposite direction implies weakening momentum and increases probability.
Directional Momentum Velocity (DMV):
Computes a regression slope of hlc3 vs. bar index, normalized by ATR, then squashed with tanh.
Downward DMV boosts Top probability; upward DMV boosts Bottom probability.
Toggle the velocity plot and adjust its sensitivity with Velocity Lookback, ATR Length, and Velocity Gain.
All four terms are blended with user-set weights. If Normalize Weights is ON, weights are rescaled to sum to 1.
Inputs (most useful)
RSI Length / OB / OS: Core RSI setup.
Time Normalization (bars): Sets how quickly the “time since OB/OS” term ramps from 0→1.
Weights:
Price Delta, Time Since OB/OS, Osc Divergence, Directional Velocity.
Turn Normalize Weights ON to keep the blend consistent when you experiment.
Settings:
Velocity Lookback: Window for slope estimation (shorter = more reactive).
ATR Length: Normalizes slope so symbols/timeframes are comparable.
Velocity Gain: Steepens or softens the tanh curve (higher = punchier extremes).
Show Velocity (0–100): Toggles the DMV display.
Tip: If you prefer momentum measured on RSI rather than price, in the DMV block replace hlc3 with rsi (concept stays identical).
Practical tips
Use Top/Bottom % as context, not triggers. Combine with structure (S/R), trend filters, and risk management.
On strong trends, expect the opposite probability (e.g., Top % during an uptrend) to stay suppressed longer.
Calibrate weights: e.g., raise Osc Divergence on mean-reversion symbols; raise Velocity in trending markets.
For lower noise: lengthen Velocity Lookback and ATR Length, or reduce Velocity Gain.
Market Structures by The Noiseless TraderMarket Structure by The Noiseless Trader is an indicator that highlights simple candle-based market structure patterns: Market Structure Low (MSL) and Market Structure High (MSH) . It is designed to make these shifts visible directly on the chart.
Pattern Logic
MSL (Market Structure Low)
Candle 2: Bearish
Candle 1: Bearish, closing below Candle 2’s close
Candle 0: Bullish, closing above Candle 1’s open
Candle 0 must also have a minimum body size (default = 2%)
MSH (Market Structure High)
Candle 2: Bullish
Candle 1: Bullish, closing above Candle 2’s close
Candle 0: Bearish, closing below Candle 1’s open
Candle 0 must also have a minimum body size (default = 2%)
Features
Label plotting: When a pattern forms, the script places an “MSL” or “MSH” label slightly offset from Candle 0 so that the signal is visible but does not overlap the bar.
Bar coloring: Optionally, the script colors the signal candles for faster visual recognition (green for MSL, red for MSH).
Repaint protection : A setting allows the user to confirm signals only on bar close. This ensures the label does not disappear once plotted, though it delays the signal until the candle closes.
Customizable inputs: Users can set the minimum body size threshold (in % of price) and adjust the label offset distance to their preference.
Alerts: TradingView alerts can be created for both MSL and MSH events, making it possible to receive notifications when patterns appear.
How to Use
MSL labels mark potential swing lows where bearish pressure is followed by a bullish reversal.
MSH labels mark potential swing highs where bullish pressure is followed by a bearish reversal.
These patterns are most useful for studying shifts in short-term trend structure. Traders can monitor them as potential areas of interest, but they are not standalone entry or exit signals.
This indicator should be used as part of a broader trading framework. For example, some traders may combine MSL/MSH with trend filters, higher-timeframe analysis, or support/resistance zones or even classical pattern clubbed with MSL/MSH.
Notes
This tool highlights specific three-candle formations. It does not generate buy/sell recommendations.
It is intended for educational and analytical purposes only.
Past appearances of MSL or MSH patterns do not guarantee future performance.
Always confirm with your own market analysis before taking trading decisions.
Developed by The Noiseless Trader .
MACD Advanced [CongTrader]MACD Indicator
📖 Overview
The MACD Indicator is an advanced and user-friendly version of the classic MACD.
It enhances the original indicator with customizable features, improved visualization, and alert options to help traders quickly identify momentum shifts and trend changes.
✨ Key Features
Customizable MACD Parameters: Adjustable Fast EMA, Slow EMA, and Signal length.
Histogram Visualization: Clear bullish vs. bearish momentum with color-coded bars.
Crossover Highlighting: Background shading and optional labels (MACD↑ / MACD↓) at bullish or bearish crossovers.
Alerts: Built-in alert conditions for crossovers.
Zero Line Option: Toggle on/off zero line for cleaner charts.
⚡ How It Helps
This indicator makes it easier to:
Detect momentum shifts earlier.
Visually separate bullish vs. bearish phases.
Automate notifications with alerts.
✅ Notes
This tool is designed for visual analysis and alerts, not for automated trading.
Works on any market (crypto, stocks, forex, futures).
⚠️ Disclaimer
This script is for educational and informational purposes only.
It does not provide financial advice or guarantee profitability.
Use at your own risk. Always test thoroughly before applying to live trading.
🙏 Credits
Developed by CongTrader.
Thanks to the TradingView community for support and inspiration..
Sentinel 5 — OHL daybreak signals [KedArc Quant]Overview
Sentinel 5 plots the first-bar high/low of each trading session and gives clean, rules-based signals in two ways:
1) OHL Setups at the close of the first bar (Open equals/near High for potential short; Open equals/near Low for potential long).
2) Breakout Signals later in the session when price breaks the first-bar High/Low, with optional body/penetration filters.
Basic workflow
1. Wait for the first session bar to finish.
*If O≈H (optionally by proximity) → short setup. •
*If O≈L → long setup. • If neither happens, optionally allow later breakouts.
2. Optional: Act only on breakouts that penetrate a minimum % of that bar’s range/body.
3. Skip the day automatically if the first bar is abnormally large (marubozu-like / extreme ATR / outsized vs yesterday).
Signals & Markers
Markers on the chart:
▲ O=L (exact) / O near L (proximity) – long setup at first-bar close.
▼ O=H (exact) / O near H (proximity) – short setup at first-bar close.
▲ Breakout Long – later bar breaks above first-bar High meeting your penetration rule.
▼ Breakout Short – later bar breaks below first-bar Low meeting your penetration rule.
Triple Tap Sniper Triple Tap Sniper v3 – EMA Retest Precision System
Triple Tap Sniper is a precision trading tool built around the 21, 34, and 55 EMAs, designed to capture high-probability retests after EMA crosses. Instead of chasing the first breakout candle, the system waits for the first pullback into the EMA21 after a trend-confirming cross — the spot where professional traders often enter.
🔑 Core Logic
EMA Alignment → Trend defined by EMA21 > EMA34 > EMA55 (bullish) or EMA21 < EMA34 < EMA55 (bearish).
Cross Detection → Signals are only armed after a fresh EMA cross.
Retest Entry → Buy/Sell signals fire only on the first retest of EMA21, with trend still intact.
Pro Filters →
📊 Higher Timeframe Confirmation: Aligns signals with larger trend.
📈 ATR Volatility Filter: Blocks weak signals in low-vol chop.
📏 EMA Spread Filter: Ignores tiny “fake crosses.”
🕯️ Price Action Filter: Requires a proper wick rejection for valid entries.
🚀 Why Use Triple Tap Sniper?
✅ Filters out most false signals from sideways markets.
✅ Focuses only on clean trend continuations after pullbacks.
✅ Beginner-friendly visuals (Buy/Sell labels) + alert-ready for automation.
✅ Flexible: works across multiple timeframes & asset classes (stocks, crypto, forex).
⚠️ Notes
This is a signal indicator, not a full strategy. For backtesting and optimization, convert to a strategy and adjust filters per market/timeframe.
No indicator guarantees profits — use with sound risk management.
MNQ - Recursive Prev High/Low Outside Window (Extended)previous high/low” will always reference the last high/low outside the current window
FibADX MTF Dashboard — DMI/ADX with Fibonacci DominanceFibADX MTF Dashboard — DMI/ADX with Fibonacci Dominance (φ)
This indicator fuses classic DMI/ADX with the Fibonacci Golden Ratio to score directional dominance and trend tradability across multiple timeframes in one clean panel.
What’s unique
• Fibonacci dominance tiers:
• BULL / BEAR → one side slightly stronger
• STRONG when one DI ≥ 1.618× the other (φ)
• EXTREME when one DI ≥ 2.618× (φ²)
• Rounded dominance % in the +DI/−DI columns (e.g., STRONG BULL 72%).
• ADX column modes: show the value (with strength bar ▂▃▅… and slope ↗/↘) or a tier (Weak / Tradable / Strong / Extreme).
• Configurable intraday row (30m/1H/2H/4H) + D/W/M toggles.
• Threshold line: color & width; Extended (infinite both ways) or Not extended (historical plot).
• Theme presets (Dark / Light / High Contrast) or full custom colors.
• Optional panel shading when all selected TFs are strong (and optionally directionally aligned).
How to use
1. Choose an intraday TF (30/60/120/240). Enable D/W/M as needed.
2. Use ADX ≥ threshold (e.g., 21 / 34 / 55) to find tradable trends.
3. Read the +DI/−DI labels to confirm bias (BULL/BEAR) and conviction (STRONG/EXTREME).
4. Prefer multi-TF alignment (e.g., 4H & D & W all strong bull).
5. Treat EXTREME as a momentum regime—trail tighter and scale out into spikes.
Alerts
• All selected TFs: Strong BULL alignment
• All selected TFs: Strong BEAR alignment
Notes
• Smoothing selectable: RMA (Wilder) / EMA / SMA.
• Percentages are whole numbers (72%, not 72.18%).
• Shorttitle is FibADX to comply with TV’s 10-char limit.
Why We Use Fibonacci in FibADX
Traditional DMI/ADX indicators rely on fixed numeric thresholds (e.g., ADX > 20 = “tradable”), but they ignore the relationship between +DI and −DI, which is what really determines trend conviction.
FibADX improves on this by introducing the Fibonacci Golden Ratio (φ ≈ 1.618) to measure directional dominance and classify trend strength more intelligently.
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1. Fibonacci as a Natural Strength Threshold
The golden ratio φ appears everywhere in nature, growth cycles, and fractals.
Since financial markets also behave fractally, Fibonacci levels reflect natural crowd behavior and trend acceleration points.
In FibADX:
• When one DI is slightly larger than the other → BULL or BEAR (mild advantage).
• When one DI is at least 1.618× the other → STRONG BULL or STRONG BEAR (trend conviction).
• When one DI is 2.618× or more → EXTREME BULL or EXTREME BEAR (high momentum regime).
This approach adds structure and consistency to trend classification.
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2. Why 1.618 and 2.618 Instead of Random Numbers
Other traders might pick thresholds like 1.5 or 2.0, but φ has special mathematical properties:
• φ is the most irrational ratio, meaning proportions based on φ retain structure even when scaled.
• Using φ makes FibADX naturally adaptive to all timeframes and asset classes — stocks, crypto, forex, commodities.
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3 . Trading Advantages
Using the Fibonacci Golden Ratio inside DMI/ADX has several benefits:
• Better trend filtering → Avoid false DI crossovers without conviction.
• Catch early momentum shifts → Spot when dominance ratios approach φ before ADX reacts.
• Consistency across markets → Because φ is scalable and fractal, it works everywhere.
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4. How FibADX Uses This
FibADX combines:
• +DI vs −DI ratio → Measures directional dominance.
• φ thresholds (1.618, 2.618) → Classifies strength into BULL, STRONG, EXTREME.
• ADX threshold → Confirms whether the move is tradable or just noise.
• Multi-timeframe dashboard → Aligns bias across 4H, D, W, M.
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Quick Blurb for TradingView
FibADX uses the Fibonacci Golden Ratio (φ ≈ 1.618) to classify trend strength.
Unlike classic DMI/ADX, FibADX measures how much one side dominates:
• φ (1.618) = STRONG trend conviction
• φ² (2.618) = EXTREME momentum regime
This creates an adaptive, fractal-aware framework that works across stocks, crypto, forex, and commodities.
⚠️ Disclaimer : This script is provided for educational purposes only.
It does not constitute financial advice.
Use at your own risk. Always do your own research before making trading decisions.
Created by @nomadhedge
Divergence – RSI & Volume with optional OBV/OI confirm (v6)Divergence — RSI & Volume with optional OBV/OI confirmation
Overview
This indicator highlights bullish/bearish divergences between price and RSI and can optionally require a Volume divergence too. For further confluence, it can check OBV or Open Interest (OI) trend/structure as a confirmation filter. The goal is to surface potential exhaustion or continuation areas across multiple forms of momentum/participation—not to provide trade signals.
What it looks for:
*RSI divergences (regular & hidden):
*Regular bullish: Price makes a lower low while RSI makes a higher low.
*Regular bearish: Price makes a higher high while RSI makes a lower high.
*Hidden bullish: Price makes a higher low while RSI makes a lower low (trend-continuation).
*Hidden bearish: Price makes a lower high while RSI makes a higher high (trend-continuation).
Volume divergence (optional):
Price makes a new swing extreme without supportive volume, or volume makes a diverging swing relative to price.
Confirmation (optional):
OBV: requires OBV to agree with (or fail to confirm) price at the swing, per your filter setting.
OI: for markets with open interest data; checks whether OI supports or contradicts the move.
How it works (methodology)
Divergences are detected using confirmed swing points (pivot highs/lows). A swing is confirmed only after enough bars to the right have printed.
While a swing is forming, potential signals may appear and disappear; once the swing confirms, the plot is fixed.
Volume and OBV/OI checks are applied at the same swing points to avoid look-ahead bias.
Key inputs
RSI: length & source.
Swing settings: left/right bars (pivot strength), minimum spacing between swings.
Divergence types: enable/disable regular and hidden (bullish/bearish) separately.
Volume filter: toggle on/off; choose interpretation (e.g., lower participation on new price extreme).
Confirmation source: None / OBV / OI and its strictness (must confirm vs must diverge).
Visuals: show/hide labels & lines, label side (left/right), colors, and max lookback markers.
Data availability: If OI is not available for the symbol/exchange, OI confirmation is automatically skipped.
What it draws
*Clear labels/markers at the confirmed swing bar, color-coded for bullish vs bearish and regular vs hidden.
*Optional connector lines between the last two relevant swing points for price and RSI.
*(If enabled) small badges indicating VOL, OBV, or OI confirmation status.
Notes & limitations
This is a charting tool. It does not generate trade recommendations or guarantees.
Divergence is context-dependent; many valid divergences fail in strong trends.
Signals depend on pivot confirmation; earlier bars may repaint until the swing is locked in.
OI is only present on instruments/exchanges that provide it; otherwise, OI checks do nothing.
Different chart sessions/aggregation (e.g., Heikin Ashi, RTH vs ETH) will produce different swing/RSI outcomes.
Best practices
Use divergences as confluence with structure (S/R, trends), higher-timeframe bias, and risk controls.
Prefer confirmed swings; be cautious with early prints.
Consider requiring Volume and OBV/OI filters in strong-trend environments to reduce noise.
Disclaimer
For educational purposes only. This is not financial advice or a solicitation to buy/sell any asset. Trading involves risk; do your own research and manage risk appropriately.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
gleefulJaguar47150
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Vsa Volume How to Use (Educational)
Spot abnormal effort: Ultra-High and High bars often coincide with key areas of effort (e.g., absorption, climaxes, shakeouts). Use the background bands to quickly see when activity is entering an elevated regime.
Pair with price action: Compare volume categories with bar spread and close location. High effort on narrow spread can suggest absorption; high effort on wide spread can suggest aggressive participation.
Context over time: Track sequences (e.g., repeated High/Ultra-High) to identify pressure building or exhaustion.
Parameter tuning: Increase smoothingPeriod to smooth noisy symbols; decrease it to make the classification more responsive.
This is a stand-alone study. It can be used with any price analysis, including VSA-style reading of spread/close, but it does not generate buy/sell/alert signals.
Settings
Smoothing Value for Average Volume (smoothingPeriod, default 14): period for the simple moving average that defines the relative scale.
Originality
The tool focuses on a clear, thresholded classification of volume using chart-relative multipliers and contextual effort bands. It is purpose-built to make abnormal volume regimes visually obvious in real time without mixing in unrelated indicators or external dependencies.
Disclaimer
For educational and analytical purposes only. This study does not provide trading signals, alerts, or financial advice. Always perform your own analysis and risk management.
Developing Pivot Range (Pivot Boss)candle stick based indicator for figuring out H3 and L3 for next day.
RSI Crossover AlertRSI Crossover Alert Indicator - User Guide
The RSI Crossover Alert Indicator is a comprehensive technical analysis tool that detects multiple types of RSI crossovers and generates real-time alerts. It combines traditional RSI analysis with signal lines, divergence detection, and multi-level crossing alerts.
1. Multiple Crossover Detection
- RSI/Signal Line Cross: Signals a primary trend change.
- RSI/Second Signal Cross: Confirmation signals for stronger trends.
- Level Crossings: Crosses of Overbought 70, Oversold 30, and Midline 50.
- Divergence Detection: Hidden and regular divergences for reversal signals.
2. Alert Types
- Alert: RSI > Signal
Description: Bullish momentum is building.
Signal: Consider long positions.
- Alert: RSI < Signal
Description: Bearish momentum is building.
Signal: Consider short positions.
- Alert: RSI > 70
Description: Entering the overbought zone.
Signal: Prepare for a potential reversal.
- Alert: RSI < 30
Description: Entering the oversold zone.
Signal: Watch for a bounce opportunity.
- Alert: RSI crosses 50
Description: A shift in momentum.
Signal: Trend confirmation.
3. Visual Components
- Lines: RSI blue, Signal orange, Second Signal purple
- Histogram: Visualizes momentum by showing the difference between RSI and the Signal line.
- Background Zones: Red overbought, Green oversold
- Markers: Up/down triangles to indicate crossovers.
- Info Table: Real-time RSI values and status.
Strategy 1: Classic Crossover
- Entry Long: RSI crosses above the Signal Line AND RSI is below 50.
- Entry Short: RSI crosses below the Signal Line AND RSI is above 50.
- Take Profit: On the opposite signal.
- Stop Loss: At the recent swing high/low.
Strategy 2: Extreme Zone Reversal
- Entry Long: RSI is below 30 and crosses above the Signal Line.
- Entry Short: RSI is above 70 and crosses below the Signal Line.
- Risk Management: Higher win rate but fewer signals. Use a minimum 2:1 risk-reward ratio.
Strategy 3: Divergence Trading
- Setup: Enable divergence alerts and look for price/RSI divergence. Wait for an RSI crossover for confirmation.
- Entry: Enter on the crossover after the divergence appears. Place the stop loss beyond the starting point of the divergence.
Strategy 4: Multi-Timeframe Confirmation
1. Check the higher timeframe e.g. Daily to identify the main trend.
2. Use the current timeframe e.g. 4H/1H for your entry.
3. Only enter in the direction of the main trend.
4. Use the RSI crossover as the entry trigger.
Optimal Settings by Market
- Forex Major Pairs
RSI Length: 14, Signal Length: 9, Overbought/Oversold: 70/30
- Crypto High Volatility
RSI Length: 10-12, Signal Length: 6-8, Overbought/Oversold: 75/25
- Stocks Trending
RSI Length: 14-21, Signal Length: 9-12, Overbought/Oversold: 70/30
- Commodities
RSI Length: 14, Signal Length: 9, Overbought/Oversold: 80/20
Risk Management Rules
1. Position Sizing: Never risk more than 1-2% on a single trade. Reduce size in ranging markets.
2. Stop Loss Placement: Place stops beyond the recent swing high/low for crossovers. Using an ATR-based stop is also effective.
3. Profit Taking: Take partial profits at a 1:1 risk-reward ratio. Switch to a trailing stop after reaching 2:1.
1. Filtering Signals
- Combine with volume indicators.
- Confirm the trend on a higher timeframe.
- Wait for candlestick pattern confirmation.
2. Avoid Common Mistakes
- Don't trade every single crossover.
- Avoid taking signals against a strong trend.
- Do not ignore risk management.
3. Market Conditions
- Trending Market: Focus on midline 50 crosses.
- Ranging Market: Look for reversals from overbought/oversold levels.
- Volatile Market: Widen the overbought/oversold levels.
- If you get too many false signals:
Increase the signal line period, add other confirmation indicators, or use a higher timeframe.
- If you are missing major moves:
Decrease the RSI length, shorten the signal line period, or check your alert settings.
Recommended Combinations
1. RSI + MACD: For dual momentum confirmation.
2. RSI + Bollinger Bands: For volatility-adjusted signals.
3. RSI + Volume: To confirm the strength of a signal.
4. RSI + Moving Averages: To use as a trend filter.
This indicator provides a comprehensive RSI analysis. Success depends on proper configuration, risk management, and combining signals with the overall market context. Start with the default settings, then optimize based on your trading style and market conditions.
Adaptive Confluence StrategyAdaptive Confluence Strategy brings institutional discipline to retail charts — blending adaptive EMA crossovers, RSI, VWAP, and higher-timeframe filters with ATR-driven risk management and smart position sizing to help traders capture trends with confidence.
Adaptive EMA Crossovers – auto-adjusted for intraday, daily, or weekly charts.
Multi-Factor Confluence – optional RSI filter, VWAP alignment (intraday), and higher timeframe EMA trend confirmation.
ATR-Based Risk Management – stop loss, take profit, and optional Chandelier trailing stop.
Position Sizing Guidance – suggested trade size and risk/reward metrics displayed on chart.
Flexible Use – suitable for both short-term day trading and longer-term swing setups.
Back test & Refine – built-in strategy logic for historical testing and optimization.
Overview:
A multi-factor trend-following strategy designed for both intraday
and swing trading. The system combines EMA crossovers with optional
RSI filters, VWAP confluence (intraday), and higher timeframe trend
confirmation. Risk management is enforced through ATR-based stop
loss / take profit and an optional ATR Chandelier trailing stop.
Position sizing guidance is included to assist with consistent
risk-per-trade allocation.
// Disclaimer:
// This script is for educational and research purposes only.
// Past performance in backtests does not guarantee future results.
// Use at your own risk.
4-Hour Range HighlighterThe 4-Hour Range Highlighter is a powerful visual analysis tool designed for traders operating on lower timeframes (like 5m, 15m, or 1H). It overlays the critical price range of the 4-hour (4H) candlestick onto your chart, providing immediate context from a higher timeframe. This helps you align your intraday trades with the dominant higher-timeframe structure, identifying key support and resistance zones, breakouts, and market volatility at a glance.
Key Features:
Visual Range Overlay: Draws a semi-transparent colored background spanning the entire High and Low of each 4-hour period.
Trend-Based Coloring: Automatically colors the range based on the 4H candle's direction:
Green: Bullish 4H candle (Close > Open)
Red: Bearish 4H candle (Close < Open)
Blue: Neutral 4H candle (Close = Open)
Customizable High/Low Lines: Optional, subtle lines plot the exact high and low of the 4H bar, acting as dynamic support/resistance levels.
Fully Customizable: Easily change colors and toggle visual elements on/off in the settings to match your chart's theme.
How to Use It:
Identify Key Levels: The top and bottom of the shaded area represent significant intraday support and resistance. Watch for price reactions at these levels.
Trade in Context: Use the trend color to gauge sentiment. For example, look for buy opportunities near the low of a bullish (green) 4H range.
Spot Breakouts: A strong candle closing above the high or below the low of the current 4H range can signal a continuation or the start of a new strong move.
Gauge Volatility: A large shaded area indicates a high-volatility 4H period. A small area suggests consolidation or low volatility.
Settings:
Visual Settings: Toggle the background and choose colors for Bullish, Bearish, and Neutral ranges.
Line Settings: Toggle the high/low lines and customize their colors.
Note: This is a visual aid, not a standalone trading system. It provides context but does not generate buy/sell signals. Always use it in conjunction with your own analysis and risk management.
Perfect for Day Traders, Swing Traders, and anyone who needs higher-timeframe context on their chart!
How to Use / Instructions:
After adding the script to your chart, open the settings menu (click on the indicator's name and then the gear icon).
In the "Inputs" tab, you will find two groups: "Visual Settings" and "Line Settings".
In Visual Settings, you can:
Toggle Show 4H Range Background on/off.
Change the Bullish Color, Bearish Color, and Neutral Color for the transparent background.
In Line Settings, you can:
Toggle Show High/Low Lines on/off.
Change the line colors for each trend type.
Adjust the colors to your preference. The default settings use transparency for a clean look that doesn't clutter the chart.
