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Flag FinderFlag Finder Indicator is a technical analysis tool to identify bull and bear flags. What are flags Flags are continuation patterns that occur within the general trend of the security. A bull flag represents a temporary pause or consolidation before price resumes it's upward movement, while a bear flag occurs before price continues its downward movement. Both flag patterns consist of two components: The Pole The Flag The pole is the initial strong upward surge or decline that precedes the flag. The pole is usually a fast move accompanied by heavy volume signaling significant buying or selling pressure. The flag is then formed as price consolidates after the initial surge or decline from the pole. For a bull flag price will drift slightly downward to sideways, a bear flag will drift upward to sideways. The best flags often see volume dry up during this phase of the pattern. Indicator Settings Both components are fully customizable in the indicator so the user can adjust for any time frame or volatility. Select the minimum and maximum accepted limits from the % gain loss required for the pole, the maximum acceptable flag depth or rally and the minimum and maximum number of bars for each component. Colors and what components are visible at any time are also user controlled. Trading flags Traders typically use flags to enter on breakouts. A breakout occurs when price moves above the left side high of a bull flag or below the left side low of a bear flag. Alerts The Flag Finder allows for four different types of alerts New Bull Flag New Bear Flag Bull Flag Breakout Bear Flag Breakout Pine Script On top of the indicator identifying bull and bear flags, throughout the source code I left notes on nearly every line to help anyone who is interested in pine script see my thought process and explain which each line of code does. This code isn't too complex, but it offers a look into many different concepts one might use when writing pinescript such as: input groups declaring and reassigning variables for loops plotshapes & lines alerts
Индикатор Pine Script®
от Amphibiantrading
72
Range H/L Buy and Sell SignalThe "Range H/L Buy and Sell Signal" indicator is designed to identify potential buy and sell signals based on a specified price range and market volatility. This indicator can be used in the TradingView platform to assist traders in making informed decisions. The indicator allows customization of several parameters to adapt to different trading strategies. These parameters include the start and end times for the price range, the volatility threshold, and the desired breakout conditions. To begin, the indicator calculates the range start and end timestamps based on the provided hours and minutes. This defines the time period within which the indicator will analyze price movements. Next, the indicator determines the highest high (High) and lowest low (Low) within the specified price range. These levels represent the upper and lower boundaries of the range and act as potential breakout points. Volatility is also taken into account to filter out false signals. The indicator calculates the true range and the average true range over a period of 14 bars. The true range measures the price range from the current high to low, while the average true range provides an indication of market volatility. Based on the breakout conditions and the volatility threshold, buy and sell signals are generated. A buy signal occurs when the closing price crosses above the High and the true range is greater than the volatility threshold multiplied by the average true range. Conversely, a sell signal is triggered when the closing price crosses below the Low and the true range exceeds the volatility threshold multiplied by the average true range. The indicator visually displays the High and Low levels as plotted lines on the chart. Additionally, it marks the buy signals with green labels labeled "BUY" below the corresponding bars and the sell signals with red labels labeled "SELL" above the bars. It is important to note that this indicator should be used in conjunction with other technical analysis tools and indicators for comprehensive market analysis. Trading always carries risks, and it is crucial to exercise caution and conduct thorough analysis before making any trading decisions. Divergent Trades LLC: Disclaimer: The information provided by the Divergent Trades LLC indicator is for educational and informational purposes only. It should not be considered financial advice or a recommendation to buy, sell, or trade any financial instrument. Divergent Trades LLC is not responsible for any losses incurred as a result of using this indicator. Trading in the financial markets carries a high level of risk and may not be suitable for all investors. Before making any investment decisions, please consult with a financial advisor and do your own due diligence. Past performance is not indicative of future results. By using the Divergent Trades LLC indicator, you acknowledge that you have read and understand this disclaimer and agree to its terms and conditions.
Индикатор Pine Script®
от DivergentTrades
tlc with False BreakoutThe strategy aims to identify a trend line channel with the potential for a false breakout. Here's an explanation of the strategy: The script starts by defining the input parameters. The lookback parameter determines the number of previous bars to consider for detecting the trend lines, and the threshold parameter controls the sensitivity of the trend line detection. The script then initializes variables to store the trend lines, tap count, and the false breakout signal. Inside the loop, the script iterates over the specified number of bars (lookback) to identify the trend lines. It checks if the current high is greater than the previous and next highs to identify an upper trend line and sets it using the line.new function. Similarly, it checks if the current low is smaller than the previous and next lows to identify a lower trend line and sets it. The script also keeps track of the price levels of the upper and lower trend lines using the variables upperTrendLinePrice and lowerTrendLinePrice. These price levels are obtained using the line.get_y1 function. After the fourth tap (when tapCount is equal to 4), the script checks if the current close price is above the upper trend line or below the lower trend line. If this condition is met, it sets the falseBreakout variable to true, indicating a potential false breakout. Finally, the script plots a shape marker (plotshape) when a false breakout occurs. This is represented by an orange label displayed below the bar. At the end of the script, the line.delete function is used to remove the old trend lines when the script reaches the last bar (barstate.islast). By using this strategy, you can visually identify trend line channels where the upper and lower lines touch higher highs or lower highs and higher lows or lower lows. Additionally, it provides a false breakout signal when the price breaks above the upper trend line or below the lower trend line on the fifth tap.
Индикатор Pine Script®
от bharath_kaipparedan
1
ORBox | by Octopu$📈 ORBox | by Octopu$ ORBox is a Box for the Opening Range Breakout The Box is added automatically according to the User preferences through GUI This Indicator includes a Dropdown selection for which Range for the Breakout you want to use ORBox has built-in Alerts for when the Breakout happens according to your preferences Works in any Timeframe with any Ticker (Using SPY 5m just as an example:) www.tradingview.com SPY Features: • Opening Breakout Range (ORB) • Dropdown menu selection to choose which TF to watch • Built-in Alerts for Momentum Awareness Options: • Customization for Box Colors and Sizes • Display ORB for Current Day or Previous Notes: v1.0 ORBox Indicator release Changes and updates can come in the future for additional functionalities or per requests. Did you like it? Shoot me a message! I'd appreciate if you dropped by to say thanks. - Octopu$ 🐙
Индикатор Pine Script®
от IamtheOctopuS
6
Pivot BreaksThere are built-in and published Pivot Point High Low indicators in Public Library. As far as I see none of them show the breaking candles or the trend. with the closing price crossing over the previous / current pivot high A bearish breakOut can either indicate the progression of a lower high pattern or a trend reversal with the closing price crossing under the previous / current pivot low A bullish breakOut can either indicate the progression of a higher low pattern or a trend reversal This indicator can show the first breaking candle or all breaking candles . It Can also show The Breaking state (Trend) based on the last break. Alert Mode is included, colour can be customised, Higher TimeFrame can be requested (it Can also cause repainting) Inputs are optional as possible so have fun with it Disclaimer: Scripts that I post publicly are experimental. They are not financial advices. Always backtest your ideas using your own methodologies.
Индикатор Pine Script®
от sosso_bott
3
Trend lines + Pivot Levels + Candlestick PatternsThis is a pure PRICE ACTION indicator that will show you possible trend lines, pivot lines and candlestick patterns at once. it has been designed to determine upper and lower trend lines in the chart and you can set candlestick patterns on them with alerts! it means that you add the indicator to the chart and set the alert and done! whenever a pinbar or engulf or breakout(in both directions) happens, you will be notified by alerts. you also have pivot lines on the chart by this indicator. you can set the candlesticks on pivots instead of trend lines, so if you are a fan of support and resistance you can have this one, it depends on you. all of the pivots and trend lines and also the candle sticks are customizable, so you can exactly select the pinbar, engulfing or breakout candle that matches with your mindset. for example you can set a pinbar that long shadow is 4 times or 3 times greater than the body, it's on you. you can also customize trendlines or pivot lines, if you are scalper you can set it to small trend lines and if you are day trader or long term trader you can set it to the number that fits with your strategy. trends and pivots will be updated automatically and there is no need to set it every time. Be PROFITABLE! $kMagician /*
Индикатор Pine Script®
от salarkamjoo
24
Linear Regression & RSI Multi-Function Screener with Table-LabelHi fellow traders.. Happy to share a Linear Regression & RSI Multi-Function Custom Screener with Table-Labels... The Screener scans for Linear Regression 2-SD Breakouts and RSI OB/OS levels for the coded tickers and gives Summary alerts Uses Tables (dynamica resizing) for the scanner output instead of standard labels! This Screener cum indicator collection has two distinct objectives.. 1. Attempt re-entry into trending trades. 2. Attempt Counter trend trades using linear regression , RSI and Zigzag. Briefly about the Screener functions.. a. It uses TABLES as Labels a FIRST for any Screener on TV. b. Tables dynamically resize based on criteria.. c. Alerts for breakouts of the UPPER and the LOWER regression channels.(2 SD) d. In addition to LinReg it also Screens RSI for OB/OS levels so a multifunction Screener. e. Of course has the standard summary Alerts and programmable format for Custom functions. f. Uses only the inbuilt Auto Fib and Lin Reg code for the screener.(No proprietary stuff) g. The auto Zigzag code is derived(Auto fib). Question what are all these doing in a single screener ?? ZigZag is very useful in determining Trend Up or Down from one Pivot to another. So Once you have a firm view of the Current Trend for your chosen timeframe and ticker… We can consider few possible trading scenarios.. a. Re-entry in an Up Trend - Combination of OS Rsi And a Lower Channel breach followed by a re-entry back into the regression channel CAN be used as an effective re-entry. b. Similarily one can join a Down Trend on OB Rsi and Upper Channel line breach followed by re-entry into the regression channel. If ZigZag signals a range-bound market, bound within channel lines then the Upper breakout can be used to Sell and vice-versa! In short many possibilities for using these functions together with Scanner and Alerts. This facilitates timely PROFITABLE Trending and Counter trend opportunities across multiple tickers. You must give a thorough READ to the various available tutorials on ZigZag / Regression and Fib retracements before attempting counter trend trades using these tools!! A small TIP – Markets are sideways or consolidating 70% of the time!! Acknowledgements: - Thanks a lot DGTRD for the Auto ZigZag code and also for the eagerness to help wherever possible..Respect!! Disclaimer: The Alerts and Screener are just few tools among many and not any kind of Buy/Sell recommendations. Unless you have sufficient trading experience please consult a Financial advisor before investing real money. *The alerts are set for crossovers however for viewing tickers trading above or below the channel use code in line 343 and 344 after setting up the Alerts! ** RSI alerts are disabled by default to avoid clutter, but if needed one can activate code lines 441,442,444 and 445 Wish you all, Happy Profitable Trading!
Индикатор Pine Script®
от sharaaU7
22
The Trend Oracle - The Ultimate Position ToolThe Trend Oracle is a superadaptive multi-timeframe Indicator Ideal timeframes are 4H, and 1D It is based on a combination of several other indicators including: - The Superstrength Index - An adaptive indicator using volume weighted average of the traditional RSI, MFI and OBV - The Superfast MACD - An adaptive zero lag MACD - ADX Trend - A tweaked version of the ADX - Chop Zones - A combination of 2 Chop indexes to identify trending and non trending conditions. - The Adaptive Supertrend - An adaptive version of the Supertrend, (switching multipliers based on the market trend) - Breakout & Breakdown - An algorithm computing volume compression and expansion to indicate breakout & breakdown signals. - [bBullish and Bearish Divergences - Confirmed Bull and Bear divs shown as green and red dots at the top and bottom of the indicator. Areas highlighted in Aqua are bullish, red are bearish. Use this indicator as a tool to position yourself over longer timeframes. Enjoy! MM :)
Индикатор Pine Script®
от yinandyani
HuD IntradayConsist of : - standard Bollinger Band (BB) - MA20 and 2 dev - EMA ( default 9,20,50 and 200) - WMA ( 5 and 10 ) - Donchian Channel Suitable for intraday trading - 15min, 30 min or 1 hour timeframe Trading Strategy : 1. Enter trade only when - band is Green - line EMA20 above EMA50 and line EMA50 above EMA200 ( black > purple > red ) - RSI (default setting 14) is above level 50 and trend is positive (RSI line moving upward) 2. Possible Entry point ( 3 options ) i Breakout candle and candle still below lower BB ii Retracement/Pullback - after Breakout and candle still inside green band. RSI still above 50 iii. Buy on Weakness (BOW) - Blue diamond icon 3. Stop Loss : - Select "Show Stop Loss" - to display stop loss line - Based on ATR - adjustable depend on trader risk Other option for stop loss : - WMA Area ( Dark green ) - candle cross under WMA, can consider to exit trade - EMA20 - candle cross under EMA20, can consider to exit trade. 4. Alert Therea are 3 alerts availabe i. Breakout signal ii. Sell signal - candle break trailing Stop iii. BOW - Buy on weakness signal Note : - This indicator only suitable for Bursa Malaysia - Do PM me if you interested
Индикатор Pine Script®
от Hud_Hud
6
SMT - Smart Money Thursday Boxes The Smart Money Trading Thursday - is a very specific trading system. You only trade it on a Thursday. The script/indicator will color Thursdays as two boxes. If you just want one color, use same color for both boxes. The boxes is there to indicate London/New York sessions. SETTINGS In the setting you find a numeric value as 1700-0400:5 The "5" indicate Thursday. You can change that if you prefer to color another specific day. For example "4" would indicate Wednesday. And you can change the hours to fit your sessions and trading style. You can also use the 2 boxes on different days. If you for example would like to color up London for Wednesday and Thursday. Then set hours to fit London session and adjust the :5 to 4 on the 1st box and 5 on the 2nd. HOW TO USE IT? The Smart Money works in a way retail trading does not. Smart Money has an objective to locate retail patterns, where there will be a lot of stop loss volume to be grabbed. So when a retail trader see a setup like a "Double Top / Bottom". The Institutional will see $$$ of dumb money, ready to be taken. The best moves happen on a Thursday but if you are a skilled trader, you can see the move also occur on Wednesday or Friday. The first thing that will happen, is that the Smart Money Breaks out of session. Meaning they will leave the current weeks high/low range. To start collect negative contracts of the retail volume. When you see that happen. And you see a breakout that consist of 4 in a row 1 hour chart candles. Then you have your first rule meet. #1 Thursday breakout of current weeks high/low. And the move is a clean 4 hour move as 4x H1 candles. The move can start within range. But must end clearly outside. Visual Example: #2 Next, we await an engulf at peak or near peak. That is where Institutional may have problem to match any more contracts, and since they used their own money to make this move. They must now mitigate orders, and return back to the original retail pattern as most retail traders are now stopped out. (Normally this is a long/clear candle out of range. they rarely go lower then retail traders entry in the 1st push. This to not save any souls :) #3 Price returns back to where the breakout from the retail happens. You can now take your profit as a Smart Money Trader. Trading with less risk, you can take profit of the return of that latest 4x H1 candle move. (Order Block) CONCLUSION The best trade is when you can combine a retail pattern, followed by a breakout which holds 4x 1 hour candles in the outbreak direction. 2nd best is when you have the 4x H1 breakout and really no clear retail pattern. Still is the same game. Just not as clear as the one above. Study the steps in this image and you see what to look after: Good Luck with your trading! Regards, The Hunter Trading Group
Индикатор Pine Script®
от The-Hunter
6
TradeChartist Range Bands ™TradeChartist Range Bands is an exceptionally well designed Entry/Exit indicator that plots fluid Range Bands and dynamic Support/Resistance levels on chart, along with trade entries by using both trend following and mean reversion principles. =================================================================================================================== How does ™TradeChartist Range Bands work? The Indicator plots Range Bands with Upper, Lower and Mean, calculated using trading models that use both Trend Following and Mean Reversion principles . It is the Range Bands that decide the trade Entries as the breakouts above upper band generates long entries and the breakouts below the lower band generates the short entries. The Range Bands Type (Automatic, Aggressive or Normal) can be chosen from the settings. Default is Automatic and it uses Aggressive for non 24 hr markets and Normal for 24 hr markets like Cryptocurrencies. The width of the Range Bands can be changed using the Range Multiplier from the settings. Default is 1.618 , minimum value is 0.618 and maximum value is 2.0. The frequency of the Trade Signals depends on both Range Bands type and Range Multiplier. So it is worth spending some time to test the indicator based on these 2 factors on the asset traded, to maximise the profit potential by optimising the type and multiplier value. In addition to the Range Bands, the indicator also plots Dynamic Support and Resistance bands that are more sensitive to price action and helps the user determine growing support/resistance which is indicated by coloured dots. These dots normally appear when the Support or Resistance stays at the same level for a few bars. The expansion and contraction of the Support and Resistance bands also help in visualising the price volatility, and an extremely narrow squeeze of these levels within the Range Bands normally signals a lucrative market move. This is usually followed by a breakout from the bands and will be signalled by the Trade Entry plots (BUY and SELL). The Dynamic Support and Resistance levels can be enabled or disabled from the settings. The fill between these dynamic levels helps the user to visualise the Bull and Bear strength/power. This fill can also be disabled from the settings if not required. The indicator has a nice Fibonacci levels generator companion that helps spot near support and resistance levels using Fibonacci Retracement tool. There are 3 types of Fib plots that can be chosen from the settings - Auto-Fibs, Fibs based on Lookback, Fibs based on Price Input . The Auto-Fibs feature is used as default and it automatically plots fib retracement based on nearby significant high/low (highest from previous up and down trends). This is normally based on nearby trade entries too. Occasionally, during choppy markets/sideways movement, the range of these levels can be quite small and if close price exceeds the 4.618 fib level, one of the other Fib plot options can be used. Alternatively, Plot fibs from current high/low can also be used. Fibs based on lookback can be used by choosing the number of candles or days lookback to help the indicator automatically find the high and low of the period to generate fib levels. Similarly, Fibs based on price input requires, user to manually enter the high and low price points for the indicator to generate fib levels based on user input. The indicator has two colour schemes for the Dynamic Support/Resistance fill and bar colours. The coloured bars and the fill will help visualise the price trend. This can be changed or disabled from the settings. The Fib levels can be disabled by unchecking lines and labels from the styles tab of indicator settings. Long and Short entry Alerts can be created by using Once Per Bar Close . The indicator does not repaint. Alerts may display potential repaint warning, but this is because the code uses bar index for fib labels. For confidence in the indicator, it can be tested using bar replay to make sure the real-time and bar replay trade entries and plots stay on the same bar/timestamp. The different elements of the indicator are shown below in the chart. =================================================================================================================== ™TradeChartist Range Bands can also be connected to ™TradeChartist Plug and Trade to generate Targets, Stop Loss Plot etc. and other alerts can also be created. Use Range Bands Trend Identifier to connect as an Oscillatory Signal to Plug and Trade. Example chart shown below. =================================================================================================================== Example charts: 1. ADA-USDT 4hr chart using Aggressive type and 1.618 Range Multiplier 2. ADA-USDT 4hr chart using Normal type and 1.618 Range Multiplier 3. XAU-USD 15m chart using Normal type and 1.618 Range Multiplier - Fibs based on 3 days lookback 4. DJI 4hr chart using Normal type and 2.0 Range Multiplier 5. GBP-USD 15m chart using Normal type and 1.618 Range Multiplier 6. LINK-USDT 1hr chart using Normal type and 1.236 Range Multiplier =================================================================================================================== Best Practice: Test with different settings first using Paper Trades before trading with real money =================================================================================================================== This is not a free to use indicator. Get in touch with me (PM me directly if you would like trial access to test the indicator) Premium Scripts - Trial access and Information Trial access offered on all Premium scripts. PM me directly to request trial access to the scripts or for more information. ===================================================================================================================
Индикатор Pine Script®
от TradeChartist
15
Extreme - SR Levels/Zones (Expo)Extreme - SR Levels/Zones (Expo) automatically searches and prints key support and resistance levels based on "extreme" high & low values. When the extreme condition is met there is a high probability that the market pauses, makes a pullback, or that the trend change direction. If the current trend is strong, the price will breakout from the previous extreme level. The indicator can be used standalone or as a part of your current trading strategy. Real-time No repainting Works on any market HOW TO USE 1. Use the indicator to identify key support and resistance levels. 2. Use the indicator to identify potential breakouts. 3. Use the indicator to identify potential reversal points. INDICATOR IN ACTION Daily chart I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks! I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments! ACCESS THE INDICATOR • Contact me on TradingView or use the links below ----------------- Disclaimer Copyright by Zeiierman. The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My scripts/indicators/ideas are only for educational purposes!
Индикатор Pine Script®
от Zeiierman
18
Intelligent Zones (Expo)Intelligent Zones - (Expo) DESCRIPTION Intelligent zones is a real-time based indicator that creates colored zones that can act as support or resistance levels. These zones that are painted on the graph are important levels that the future price will react too. Generally, strategy: --> If the price crosses up from the cloud it can be considered as a positive “breakout” and the price will most probably continue in that direction. --> If the price crosses down from the cloud it can be considered as negative “breakout” and the price will most probably continue in that direction. --> If the price is above the black line it can be considered as positive sentiment, and if the price is below the black line it can be considered as a negative sentiment. --> The indicator comes in 2 versions. The main difference is how the intelligent cloud is calculated. Sensitive or not. HOW TO USE 1. Use the indicator to identify real-time market zones. 2. Use the indicator to visualize breakouts. INDICATOR IN ACTION The indicator is best presented live, the graphs below are a good guide. EURUSD BTCUSD BRENT I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks! I will continue to work on this indicator, so please share your experience and feedback with me so that I can continuously improve it. Thanks to everyone that have contacted me regarding my scripts. Your feedback is valuable for future developments! ACCESS THE INDICATOR • Contact me on TradingView or use the links below ----------------- Disclaimer Copyright by Zeiierman. The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My scripts/indicators/ideas are only for educational purposes!
Индикатор Pine Script®
от Zeiierman
11
TMA Indicator v2.2This indicator is designed to show support and resistance at local extremes. Configurable SMA crossover events can be used to impart a bullish or bearish bias. This helps to reduce noise on the chart and increase profit factor. In other words, the indicator will only look for bullish breakouts if the fast moving average is above the slow moving average and vice-versa. SMA Crossover events can be used to filter bullish or bearish resistance levels. SMA Crossover events can be used to filter bullish or bearish breakout alerts. Supports alerts for entries and exits based on breakouts of local extrema. Alerts can be generated at every breakout or with SMA crossover filtering active. Backtests would suggest that filtering with SMA crossovers often yields slightly lower profit but with a considerable improvement to profit factor. Green/Red indicates long/short entry Yellow/Orange indicates long/short exit See here for an example backtest and visualization of active SMA signal filtering: For paper trading only. Do not use on real markets. Never make investment decisions based on this indicator alone.
Индикатор Pine Script®
от ta-ky
VWAP Stdev BandsCurrent price always obeys VWAP and is very useful for intraday traders. The Price will never go beyond the second deviation of VWAP at any point of time. The deviation bands are also very useful in predicting the volatility of the script. Breakout trades can be taken based on the previous day's VWAP and it's deviations. One can say that the stock has experienced breakout if current price crosses the fourth deviation of the previous day's VWAP or price bounces off that level, the price movement will be rapid if this occurs providing a good trading opportunity with low risk-reward ratio.
Индикатор Pine Script®
от dbdecoy
1
Power Trend by Atilla YurtsevenPower Trend is the indicator that i have developed for myself and would like to share with you. Power Trend automatically detects High / Low points and draw trend lines. If you have a look at the graph, you can simply draw a line over last 2 points to combine them and see the trends current state. You can also change High and Low points' sources. I often use Horizontal trend lines by selecting "close" for both High and Low sources. I also love to use Horizontal Trends. They usually shows breakouts. Expect a breakout when lines are close to each other. Remember; this is a lagging indicator. If there is a point in the current bar, indicator will draw it after 2 bars! Disclaimer: All the information in this article, including the algorithm/indicator, was provided and published for informational purposes only and should not be considered legal or financial advice. Happy trading :) Atilla Yurtseven
Индикатор Pine Script®
от AtillaYurtseven
16
CM_OldSchool_Projected_high_LowHeard this story from Larry Williams…the trader who holds the record for winning the U.S. Trading Championship by turning $10K in to 2 Million. A trader named Owen Taylor developed this formula as a Floor Trader before to calculate the Projected High and Low of the next day. The formula worked so well…Owen charged other Traders 1K to get it. I was pretty impressed with the results…so I coded it for the Weekly, Monthly, Quarterly, and Yearly Projected High Low. While Owen considered these levels to be major support and resistance, Larry has developed many strategies based on the Breakout of the Projected High Low. Therefore I coded it so the Levels would plot Yellow, and change to Green if the Projected High was taken out, and Red if the Projected Low was taken out. ***I’ve noticed on many instruments, Stocks, Index’s, Forex etc., depending on the instrument it works great as Support/Resistance or Breakouts. ***On a Daily Chart put the Quarterly and Yearly levels on SPY and EURUSD and go back about 10 years. Levels are pretty accurate.
Индикатор Pine Script®
от ChrisMoody
45
Opening Range Breakout with VWAP & RSI ConfirmationThis indicator identifies breakout trading opportunities based on the Opening Range Breakout (ORB) strategy combined with intraday VWAP and higher timeframe RSI confirmation. Opening Range: Calculates the high, low, and midpoint of the first 15 or 30 minutes (configurable) after your specified market open time. Intraday VWAP: A volume-weighted average price calculated manually and reset daily, tracking price action throughout the trading day. RSI Confirmation: Uses RSI from a user-selected higher timeframe (1H, 4H, or Daily) to confirm signals. Buy Signal: Triggered when VWAP breaks above the Opening Range High AND the RSI is below or equal to the buy threshold (default 30). Sell Signal: Triggered when VWAP breaks below the Opening Range Low AND the RSI is above or equal to the sell threshold (default 70). Visuals: Plots Opening Range levels and VWAP on the chart with clear buy/sell markers and optional labels showing RSI values. Alerts: Provides alert conditions for buy and sell signals to facilitate timely trading decisions. This tool helps traders capture momentum breakouts while filtering trades based on momentum strength indicated by RSI.
Индикатор Pine Script®
от MechanicalTrader13
Visible Range / POC / Volume / SNR Detector PROVisible Range POC & Volume SNR Detector PRO Visible Range POC & Volume SNR Detector PRO is a professional-grade volume-based market structure tool designed to identify institutional Support & Resistance zones, Point of Control (POC), and Value Areas directly from the visible chart range. This indicator goes beyond traditional swing highs and lows by analyzing real traded volume, revealing where large players are active, where price finds fair value, and where high-probability reactions are most likely to occur. 🔍 Core Features 📊 Visible Range Volume Profile 🔹Builds a full Volume Profile using only the visible chart range 🔹Splits price into configurable precision bins for maximum accuracy 🔹Detects true volume clusters instead of subjective price levels 🎯 Point of Control (POC) 🔹 Automatically identifies the highest-volume price level 🔹Acts as a magnet price where market participants agree on value 🔹Fully customizable line style, width, and color 🔹 Optional label with timeframe + price + volume (K / M / B) 📦 Value Area (VAH / VAL) * Calculates Value Area High & Low around the POC * Default **70% volume range** (institutional standard) * Optional Value Area fill for clear fair-value visualization * Helps distinguish **range conditions vs trending moves** 🧱 Volume-Based Support & Resistance Zones 🔹Automatically detects high-impact S&R zones from volume behavior 🔹Zones are visually classified by strength: 🔹 🟢 Strong 🔹 🟡 Medium 🔹 🔴 Weak 🔹Clean box rendering with customizable borders: 🔹 Solid / Dashed / Dotted 🔹 Zones extend dynamically into the future for planning trades 🔄 Dynamic Flip Logic (PRO Standard) 🔹 Advanced Dynamic Flip system: 🔹 Support ➜ Resistance after a breakdown 🔹Resistance ➜ Support after a breakout 🔹 Reflects real market structure shifts 🔹Eliminates outdated static levels 🔁 True Retest & Zone Intelligence 🔹Each zone includes detailed contextual data: 🔹🔄 True Retest Count (price leaves zone and comes back) 🔹⏳ Zone Age (minutes / hours / days) 🔹💪 Strength Classification 🔹🔁 Flip Status 🔹⏱️ Timeframe 🔹💲 Exact price level 🔹All information is displayed in a single clean label. 🔔 Smart Alerts System 🔹Never miss key interactions: 🔹🟢 Touch Alert — price enters a zone 🔹⬇️⬆️ Break Alert — zone failure or breakout 🔹🔄 Retest Alert — classic break & retest setup Alerts trigger on confirmed bars to reduce noise and false signals. 📋 Professional Dashboard 🔹At-a-glance market overview: 🔹Total Support & Resistance zones 🔹🎯 POC level 🔹📦 VA High / VA Low 🔹💪 Strong / Medium / Weak zone distribution 🔹📍 Nearest Support & Resistance 🔹📏 Distance to key levels 🔹 🎨 Auto / Dark / Light theme support 🔹 📐 Adjustable size & position
Индикатор Pine Script®
от a_jabbaroff
Open Range BreakoutOpen Range Breakout (ORB) The Open Range Breakout (ORB) is a classic intraday strategy used across stocks, indices, FX and futures. It focuses on how price behaves during the first minutes of a major session, when liquidity and volatility are highest. This indicator fully automates the ORB process with session detection, box drawing, breakout & retest logic, and final Buy/Sell signals. Multi-Session Support Choose between the three most important global opens: Asia (Tokyo) – JPY pairs, Asian indices, gold, crypto London – FX majors, European indices, strong volatility New York – US indices, USD pairs, gold, oil, highest volume The Opening Range is calculated only during the selected session. ORB Range (5 / 15 / 30 min) The indicator builds the ORB High/Low from the first X minutes of the session, draws the box, and waits for price action once the range is complete. How It Works ORB Window → High/Low of the opening minutes are recorded. Breakout → Price closes above/below the ORB → “BREAKOUT” label. Retest → Price returns to the ORB box → “RETEST” label. Confirmation Levels Freeze → Upper/lower structure set. Final Signal Close above frozen upper level → BUY Close below frozen lower level → SELL This filters out false breakouts and provides structured continuation signals. Alerts Includes built-in alert conditions for: ORB BUY Signal ORB SELL Signal Alerts trigger exactly when the Buy or Sell label appears. Works On Stocks & indices Forex Futures
Индикатор Pine Script®
от ebecihalil