X VIBVolume Imbalance Zones
X VIB highlights price-levels where buying or selling pressure overwhelmed the opposing side within a single bar transition, leaving a void that the market often revisits. The script paints those voids as boxes so you can quickly see where liquidity may rest, where price may pause or react, and which imbalances persist across sessions.
What it plots
For each completed calculation bar (your chart’s timeframe or a higher timeframe you choose), the indicator draws a box that spans the prior bar’s close to the current bar’s open—only when that bar-to-bar transition exhibits a valid volume imbalance (VIB) by the selected rules. Boxes are time-anchored from the previous bar’s time to the current bar’s time close, and they are capped to a configurable count so the chart remains readable.
Two ways to define “Volume Imbalance”
X VIB calculates imbalances in two complementary ways. Both techniques isolate bar-to-bar displacement that reflects one-sided pressure, but they differ in strictness and how much confirmation they require.
Continuity VIB (Bar-to-Bar Displacement)
A strict definition that requires aligned progress and overlap between consecutive bars. In practical terms, a bullish continuity VIB demands that the new bar advances beyond the prior bar’s close, opens above it, and maintains upward progress without erasing the displacement; the bearish case mirrors this to the downside.
Use when: you want the cleanest, most structurally reliable voids that reflect decisive initiative flow.
Effect on boxes: typically fewer, higher-quality zones that mark locations of strong one-sided intent.
Gap-Qualified VIB (Displacement with Gap Confirmation)
A confirmatory definition that treats the bar-to-bar displacement as an imbalance only if the transition also observes a protective “gap-like” relationship with surrounding prices. This extra condition filters out many borderline transitions and emphasizes voids that were less likely to be traded through on their formation.
Use when: you want additional confirmation that the void had genuine follow-through pressure at birth.
Effect on boxes: often slightly fewer but “stickier” zones that can attract price on retests.
Both modes are drawn identically on the chart (as boxes spanning the displacement). Their difference is purely in the qualification of what counts as a VIB. You can display either set independently or together to compare how each mode surfaces structure.
Multi-Timeframe (MTF) logic
You can compute imbalances on a higher timeframe (e.g., 15-minute) while viewing a lower timeframe chart. When MTF is active, X VIB:
Samples open, high, low, close, time, and time_close from the selected HTF in a single, synchronized request (no gaps, no lookahead).
Only evaluates and draws boxes once per HTF bar close, ensuring clean, stable zones that don’t repaint intra-bar.
How traders use these zones
Reversion into voids: Price often returns to “fill” part of a void before deciding on continuation or reversal.
Context for entries/exits: VIB boxes provide precise, mechanically derived levels for limit entries, scale-outs, and invalidation points.
Confluence: Combine with session opens, HTF levels, or volatility bands to grade setups. Continuity VIBs can mark impulse anchors; Gap-Qualified VIBs often mark stickier pockets.
Inputs & controls
Calculate on higher timeframe? Toggle MTF computation; choose your Calc timeframe (e.g., 15).
Show VIBs: Master toggle for drawing imbalance boxes.
Color & Opacity: Pick the box fill and border intensity that suits your theme.
# Instances: Cap how many historical boxes remain on the chart to avoid clutter.
Notes & best practices
Signal density: Continuity VIBs tend to be more frequent on fast charts; Gap-Qualified VIBs are more selective. Try both and keep what aligns with your trade plan.
MTF discipline: When using a higher calc timeframe, analyze reactions primarily at that timeframe’s pace to avoid over-fitting to noise.
Lifecycle awareness: Not all voids fill. Track which boxes persist; durable voids often define the map of the session.
Поиск скриптов по запросу "demand"
Trendline Breakout Strategy [KedArc Quant] Description
A single, rule-based system that builds two trendlines from confirmed swing pivots and trades their breakouts, with optional retest, trend-regime gates (EMA / HTF EMA), and ATR-based risk. All parts serve one decision flow: structure → breakout → gated entry → managed risk.
What it does (for traders)
Draws Up line (teal) through the last two Higher Lows and Down line (red) through the last two Lower Highs, then extends them forward.
Long when price breaks above red; Short when price breaks below teal.
Optional Retest entry: after a break, wait for a pullback toward the broken line within an ATR-scaled buffer.
Uses ATR stop and R-multiple target so risk is consistent across symbols/timeframes.
Labels HL1/HL2/LH1/LH2 so non-coders can verify which pivots built each line.
Why these components are combined
Pure breakout systems on trendlines suffer from three practical issues:
False breaks in chop → solved by trend-regime gates (EMA / HTF EMA) that only allow trades aligned with the prevailing trend.
Uneven volatility across markets/timeframes → solved by ATR-based stop/target, normalizing distance so R-multiples are comparable.
First break whipsaws near wedge apices → mitigated by the optional retest rule that demands a pullback/hold before entry.
These modules are not separate indicators with their own signals. They are support roles inside one method.
The pivot engine defines structure, the breakout detector defines signal, the regime gates decide if we’re allowed to take that signal, and the ATR module sizes risk.
Together they make the trendline breakout usable, testable, and explainable.
How it works (mechanism; each component explained)
1) Pivot engine (structure, non-repainting)
Swings are confirmed with ta.pivotlow/high(L, R). A pivot only exists after R bars (no look-ahead), so once plotted, the line built from those pivots will not repaint.
2) Trendline builder (geometry)
Teal line updates when two consecutive pivot lows satisfy HL2.price > HL1.price (and HL2 occurs after HL1).
Red line updates when two consecutive pivot highs satisfy LH2.price < LH1.price.
Lines are extended right and their current value is read every bar via line.get_price().
3) Breakout detector (signal)
On every bar, compute:
crossover(close, redLine) ⇒ Long breakout
crossunder(close, tealLine) ⇒ Short breakdown
4) Regime gates (trend filters, not separate signals)
EMA gate: allow longs only if close > EMA(len), shorts only if close < EMA(len).
HTF EMA gate (optional): same rule on a higher timeframe to avoid fighting the larger trend.
These do not create entries; they simply permit or block the breakout signal.
5) Retest module (optional confirmation)
After a breakout, record the line price. A valid retest occurs if price pulls back within an ATR-scaled buffer toward that broken line and then closes back in the breakout direction.
This reduces first-tick fakeouts.
6) Risk module (position exit)
Initial stop = ATR(len) × atrMult from entry.
Target = tpR × (ATR × atrMult) (e.g., 2R).
This keeps results consistent across instruments/timeframes.
Entries & exits
Long entry
Base: close breaks above red and passes EMA/HTF gates.
Retest (if enabled): after the break, price pulls back near the broken red line (within the ATR buffer) and holds; then enter.
Short entry
Mirror logic with teal (break below & gates), optionally with a retest.
Exit
strategy.exit places ATR stop & R-multiple target automatically.
Optional “flip”: close if the opposite base signal triggers.
How to use it (step-by-step)
Timeframe: 1–15m for intraday, 1–4h for swing.
Start defaults: Pivot L/R = 5, EMA len = 200, ATR len = 14, ATR mult = 2, TP = 2R, Retest = ON.
Tune sensitivity:
Faster lines (more trades): set L/R = 3–4.
Fewer counter-trend trades: enable HTF EMA (e.g., 60-min or Daily).
Visual audit: labels HL1/HL2 & LH1/LH2 show which pivots built each line—verify by eye.
Alerts: use Long breakout, Short breakdown, and Retest alerts to automate.
Originality (why it merits publication)
Trades the visualization: many “auto-trendline” tools only draw lines; this one turns them into testable, alertable rules.
Integrated design: each component has a defined role in the same pipeline—no unrelated indicators bolted together.
Transparent & non-repainting: pivot confirmation removes look-ahead; labels let non-coders understand the setup that produced each signal.
Notes & limitations
Lines update only after pivot confirmation; that lag is intentional to avoid repainting.
Breakouts near an apex can whipsaw; prefer Retest and/or HTF gate in choppy regimes.
Backtests are idealized; forward-test and size risk appropriately.
⚠️ Disclaimer
This script is provided for educational purposes only.
Past performance does not guarantee future results.
Trading involves risk, and users should exercise caution and use proper risk management when applying this strategy.
Stalonte EMA - Stable Long-Term EMA with AlertsStalonte EMA - The Adaptive & Stable EMA - Almost Eternal
Here's why you will love "Stalonte":
The Stalonte (Stable Long-Term EMA) is a highly versatile trend-following tool. Unlike standard EMAs with fixed periods, it uses a configurable smoothing constant (alpha), allowing traders to dial in the exact level of responsiveness and stability they need. Finding the "sweet spot" (e.g., alpha ~0.03) creates a uniquely effective moving average: it is smooth enough to filter out noise and identify safe, high-probability trends, yet responsive enough to provide actionable signals without extreme lag. It includes alerts for crossovers and retests.
Pros and Cons of the Stalonte EMA
Pros:
Unparalleled Adaptability: This is its greatest strength. The alpha input lets you seamlessly transform the indicator from an ultra-slow "trend-revealer" (low alpha) into a highly effective and "safe" trend-following tool (medium alpha, e.g., 0.03), all the way to a more reactive one.
Optimized for Safety & Signal Quality: As you astutely pointed out, with the proper setting (like 0.03), it finds the perfect balance. It provides a smoother path than a standard 20-50 period EMA, which reduces whipsaws and false breakouts, leading to safer, higher-confidence signals.
Superior Trend Visualization: It gives a cleaner and more intuitive representation of the market's direction than many conventional moving averages, making it easier to "see" the trend and stick with it.
Objective Dynamic Support/Resistance: The line created with a medium alpha setting acts as a powerful dynamic support in uptrends and resistance in downtrends, offering excellent areas for entries on retests with integrated alerts.
Cons:
Requires Calibration: The only "con" is that its performance is not plug-and-play; it requires the user to find their optimal alpha value for their specific trading style and the instrument they are trading. This demands a period of testing and customization, which a standard 50-period EMA does not.
Conceptual Hurdle: For traders only familiar with period-based EMAs, the concept of a "smoothing constant" can be initially confusing compared to simply setting a "length."
In summary:
The Stalonte EMA is not a laggy relic. It is a highly sophisticated and adaptable tool. Its design allows for precise tuning, enabling a trader to discover a setting that offers a superior blend of stability and responsiveness—a "sweet spot" that provides safer and often more effective signals than many traditional moving averages. Thank you for pushing for a more accurate and fair assessment.
Use Case Example:
You can combine it with classical EMAs to find the perfect entry.
Globex Trap w/ percentage [SLICKRICK]Globex Trap w/ Percentage
Overview
The Globex Trap w/ Percentage indicator is a powerful tool designed to help traders identify high-probability trading opportunities by analyzing price action during the Globex (overnight) session and regular trading hours. By combining Globex session ranges with Supply & Demand zones, this indicator highlights potential "trap" areas where significant price reactions may occur. Additionally, it calculates the Globex session range as a percentage of the daily Average True Range (ATR), providing valuable context for assessing market volatility.
This indicator is ideal for traders in futures markets or other instruments traded during Globex sessions, offering a visual and analytical edge for spotting key price levels and potential reversals or breakouts.
Key Features
Globex Session Tracking:
Visualizes the high and low of the Globex session (default: 3:00 PM to 6:30 AM PST) with customizable time settings.
Displays a semi-transparent box to mark the Globex range, with labels for "Globex High" and "Globex Low."
Calculates the Globex range as a percentage of the daily ATR, displayed as a label for quick reference.
Supply & Demand Zones:
Identifies Supply & Demand zones during regular trading hours (default: 6:00 AM to 8:00 AM PST) with customizable time settings.
Draws semi-transparent boxes to highlight these zones, aiding in the identification of key support and resistance areas.
Trap Area Identification:
Highlights potential trap zones where Globex ranges and Supply & Demand zones overlap, indicating areas where price may reverse or consolidate due to trapped traders.
Customizable Settings:
Adjust Globex and Supply & Demand session times to suit your trading preferences.
Toggle visibility of Globex and Supply & Demand zones independently.
Customize box colors for better chart readability.
Set the lookback period (default: 10 days) to control how many historical zones are displayed.
Configure the ATR length (default: 14) for the percentage calculation.
PST Timezone Default:
All times are based on Pacific Standard Time (PST) by default, ensuring accurate session tracking for users in this timezone or those aligning with U.S. West Coast market hours.
Recommended Usage
Timeframes: Best used on 1-hour charts or lower (e.g., 15-minute, 5-minute) for precise entry and exit points.
Markets: Optimized for futures (e.g., ES, NQ, CL) and other instruments traded during Globex sessions.
Historical Data: Ensure at least 10 days of historical data for optimal visualization of zones.
Strategy Integration: Use the indicator to identify potential reversals or breakouts at Globex highs/lows or Supply & Demand zones. The ATR percentage provides context for whether the Globex range is significant relative to typical daily volatility.
How It Works
Globex Session:
Tracks the high and low prices during the user-defined Globex session (default: 3:00 PM to 6:30 AM PST).
When the session ends, a box is drawn from the start to the end of the session, capturing the high and low prices.
Labels are placed at the midpoint of the session, showing "Globex High," "Globex Low," and the range as a percentage of the daily ATR (e.g., "75.23% of Daily ATR").
Supply & Demand Zones:
Tracks the high and low prices during the user-defined regular trading hours (default: 6:00 AM to 8:00 AM PST).
Draws a box to mark these zones, which often act as key support or resistance levels.
ATR Percentage:
Calculates the Globex range (high minus low) and divides it by the daily ATR to express it as a percentage.
This metric helps traders gauge whether the overnight price movement is significant compared to the instrument’s typical volatility.
Time Handling:
Uses PST (UTC-8) for all time calculations, ensuring accurate session timing for users aligning with this timezone.
Properly handles overnight sessions that cross midnight, ensuring seamless tracking.
Input Settings
Globex Session Settings:
Show Globex Session: Enable/disable Globex session visualization (default: true).
Globex Start/End Time: Set the start and end times for the Globex session (default: 3:00 PM to 6:30 AM PST).
Globex Box Color: Customize the color of the Globex session box (default: semi-transparent gray).
Supply & Demand Zone Settings:
Show Supply & Demand Zone: Enable/disable zone visualization (default: true).
Zone Start/End Time: Set the start and end times for Supply & Demand zones (default: 6:00 AM to 8:00 AM PST).
Zone Box Color: Customize the color of the zone box (default: semi-transparent aqua).
General Settings:
Days to Look Back: Number of historical days to display zones (default: 10).
ATR Length: Period for calculating the daily ATR (default: 14).
Notes
All times are in Pacific Standard Time (PST). Adjust the start and end times if your market operates in a different timezone or if you prefer different session windows.
The indicator is optimized for instruments with active Globex sessions, such as futures. Results may vary for non-24/5 markets.
A typo in the label "Globe Low" (should be "Globex Low") will be corrected in future updates.
Ensure your TradingView chart is set to display sufficient historical data to view the full lookback period.
Why Use This Indicator?
The Globex Trap w/ Percentage indicator provides a unique combination of session-based range analysis, Supply & Demand zone identification, and volatility context via the ATR percentage. Whether you’re a day trader, swing trader, or scalper, this tool helps you:
Pinpoint key price levels where institutional traders may act.
Assess the significance of overnight price movements relative to daily volatility.
Identify potential trap zones for high-probability setups.
Customize the indicator to fit your trading style and market preferences.
Dip Hunter [BackQuant]Dip Hunter
What this tool does in plain language
Dip Hunter is a pullback detector designed to find high quality buy-the-dip opportunities inside healthy trends and to avoid random knife catches. It watches for a quick drop from a recent high, checks that the drop happened with meaningful participation and volatility, verifies short-term weakness inside a larger uptrend, then scores the setup and paints the chart so you can act with confidence. It also draws clean entry lines, provides a meter that shows dip strength at a glance, and ships with alerts that match common execution workflows.
How Dip Hunter thinks
It defines a recent swing reference, measures how far price has dipped off that high, and only looks at candidates that meet your minimum percentage drop.
It confirms the dip with real activity by requiring a volume spike and a volatility spike.
It checks structure with two EMAs. Price should be weak in the short term while the larger context remains constructive.
It optionally requires a higher-timeframe trend to be up so you focus on pullbacks in trending markets.
It bundles those checks into a score and shows you the score on the candles and on a gradient meter.
When everything lines up it paints a green triangle below the bar, shades the background, and (if you wish) draws a horizontal entry line at your chosen level.
Inputs and what they mean
Dip Hunter Settings
• Vol Lookback and Vol Spike : The script computes an average volume over the lookback window and flags a spike when current volume is a multiple of that average. A multiplier of 2.0 means today’s volume must be at least double the average. This helps filter noise and focuses on dips that other traders actually traded.
• Fast EMA and Slow EMA : Short-term and medium-term structure references. A dip is more credible if price closes below the fast EMA while the fast EMA is still below the slow EMA during the pullback. That is classic corrective behavior inside a larger trend.
• Price Smooth : Optional smoothing length for price-derived series. Use this if you trade very noisy assets or low timeframes.
• Volatility Len and Vol Spike (volatility) : The script checks both standard deviation and true range against their own averages. If either expands beyond your multiplier the market confirms the move with range.
• Dip % and Lookback Bars : The engine finds the highest high over the lookback window, then computes the percentage drawdown from that high to the current close. Only dips larger than your threshold qualify.
Trend Filter
• Enable Trend Filter : When on, Dip Hunter will only trigger if the market is in an uptrend.
• Trend EMA Period : The longer EMA that defines the session’s backbone trend.
• Minimum Trend Strength : A small positive slope requirement. In practice this means the trend EMA should be rising, and price should be above it. You can raise the value to be more selective.
Entries
• Show Entry Lines : Draws a horizontal guide from the signal bar for a fixed number of bars. Great for limit orders, scaling, or re-tests.
• Line Length (bars) : How far the entry guide extends.
• Min Gap (bars) : Suppresses new entry lines if another dip fired recently. Prevents clutter during choppy sequences.
• Entry Price : Choose the line level. “Low” anchors at the signal candle’s low. “Close” anchors at the signal close. “Dip % Level” anchors at the theoretical level defined by recent_high × (1 − dip%). This lets you work resting orders at a consistent discount.
Heat / Meter
• Color Bars by Score : Colors each candle using a red→white→green gradient. Red is overheated, green is prime dip territory, white is neutral.
• Show Meter Table : Adds a compact gradient strip with a pointer that tracks the current score.
• Meter Cells and Meter Position : Resolution and placement of the meter.
UI Settings
• Show Dip Signals : Plots green triangles under qualifying bars and tints the background very lightly.
• Show EMAs : Plots fast, slow, and the trend EMA (if the trend filter is enabled).
• Bullish, Bearish, Neutral colors : Theme controls for shapes, fills, and bar painting.
Core calculations explained simply
Recent high and dip percent
The script finds the highest high over Lookback Bars , calls it “recent high,” then calculates:
dip% = (recent_high − close) ÷ recent_high × 100.
If dip% is larger than Dip % , condition one passes.
Volume confirmation
It computes a simple moving average of volume over Vol Lookback . If current volume ÷ average volume > Vol Spike , we have a participation spike. It also checks 5-bar ROC of volume. If ROC > 50 the spike is forceful. This gets an extra score point.
Volatility confirmation
Two independent checks:
• Standard deviation of closes vs its own average.
• True range vs ATR.
If either expands beyond Vol Spike (volatility) the move has range. This prevents false triggers from quiet drifts.
Short-term structure
Price should close below the Fast EMA and the fast EMA should be below the Slow EMA at the moment of the dip. That is the anatomy of a pullback rather than a full breakdown.
Macro trend context (optional)
When Enable Trend Filter is on, the Trend EMA must be rising and price must be above it. The logic prefers “micro weakness inside macro strength” which is the highest probability pattern for buying dips.
Signal formation
A valid dip requires:
• dip% > threshold
• volume spike true
• volatility spike true
• close below fast EMA
• fast EMA below slow EMA
If the trend filter is enabled, a rising trend EMA with price above it is also required. When all true, the triangle prints, the background tints, and optional entry lines are drawn.
Scoring and visuals
Binary checks into a continuous score
Each component contributes to a score between 0 and 1. The script then rescales to a centered range (−50 to +50).
• Low or negative scores imply “overheated” conditions and are shaded toward red.
• High positive scores imply “ripe for a dip buy” conditions and are shaded toward green.
• The gradient meter repeats the same logic, with a pointer so you can read the state quickly.
Bar coloring
If you enable “Color Bars by Score,” each candle inherits the gradient. This makes sequences obvious. Red clusters warn you not to buy. White means neutral. Increasing green suggests the pullback is maturing.
EMAs and the trend EMA
• Fast EMA turns down relative to the slow EMA inside the pullback.
• Trend EMA stays rising and above price once the dip exhausts, which is your cue to focus on long setups rather than bottom fishing in downtrends.
Entry lines
When a fresh signal fires and no other signal happened within Min Gap (bars) , the indicator draws a horizontal level for Line Length bars. Use these lines for limit entries at the low, at the close, or at the defined dip-percent level. This keeps your plan consistent across instruments.
Alerts and what they mean
• Market Overheated : Score is deeply negative. Do not chase. Wait for green.
• Close To A Dip : Score has reached a healthy level but the full signal did not trigger yet. Prepare orders.
• Dip Confirmed : First bar of a fresh validated dip. This is the most direct entry alert.
• Dip Active : The dip condition remains valid. You can scale in on re-tests.
• Dip Fading : Score crosses below 0.5 from above. Momentum of the setup is fading. Tighten stops or take partials.
• Trend Blocked Signal : All dip conditions passed but the trend filter is offside. Either reduce risk or skip, depending on your plan.
How to trade with Dip Hunter
Classic pullback in uptrend
Turn on the trend filter.
Watch for a Dip Confirmed alert with green triangle.
Use the entry line at “Dip % Level” to stage a limit order. This keeps your entries consistent across assets and timeframes.
Initial stop under the signal bar’s low or under the next lower EMA band.
First target at prior swing high, second target at a multiple of risk.
If you use partials, trail the remainder under the fast EMA once price reclaims it.
Aggressive intraday scalps
Lower Dip % and Lookback Bars so you catch shallow flags.
Keep Vol Spike meaningful so you only trade when participation appears.
Take quick partials when price reclaims the fast EMA, then exit on Dip Fading if momentum stalls.
Counter-trend probes
Disable the trend filter if you intentionally hunt reflex bounces in downtrends.
Require strong volume and volatility confirmation.
Use smaller size and faster targets. The meter should move quickly from red toward white and then green. If it does not, step aside.
Risk management templates
Stops
• Conservative: below the entry line minus a small buffer or below the signal bar’s low.
• Structural: below the slow EMA if you aim for swing continuation.
• Time stop: if price does not reclaim the fast EMA within N bars, exit.
Position sizing
Use the distance between the entry line and your structural stop to size consistently. The script’s entry lines make this distance obvious.
Scaling
• Scale at the entry line first touch.
• Add only if the meter stays green and price reclaims the fast EMA.
• Stop adding on a Dip Fading alert.
Tuning guide by market and timeframe
Equities daily
• Dip %: 1.5 to 3.0
• Lookback Bars: 5 to 10
• Vol Spike: 1.5 to 2.5
• Volatility Len: 14 to 20
• Trend EMA: 100 or 200
• Keep trend filter on for a cleaner list.
Futures and FX intraday
• Dip %: 0.4 to 1.2
• Lookback Bars: 3 to 7
• Vol Spike: 1.8 to 3.0
• Volatility Len: 10 to 14
• Use Min Gap to avoid clusters during news.
Crypto
• Dip %: 3.0 to 6.0 for majors on higher timeframes, lower on 15m to 1h
• Lookback Bars: 5 to 12
• Vol Spike: 1.8 to 3.0
• ATR and stdev checks help in erratic sessions.
Reading the chart at a glance
• Green triangle below the bar: a validated dip.
• Light green background: the current bar meets the full condition.
• Bar gradient: red is overheated, white is neutral, green is dip-friendly.
• EMAs: fast below slow during the pullback, then reclaim fast EMA on the bounce for quality continuation.
• Trend EMA: a rising spine when the filter is on.
• Entry line: a fixed level to anchor orders and risk.
• Meter pointer: right side toward “Dip” means conditions are maturing.
Why this combination reduces false positives
Any single criterion will trigger too often. Dip Hunter demands a dip off a recent high plus a volume surge plus a volatility expansion plus corrective EMA structure. Optional trend alignment pushes odds further in your favor. The score and meter visualize how many of these boxes you are actually ticking, which is more reliable than a binary dot.
Limitations and practical tips
• Thin or illiquid symbols can spoof volume spikes. Use larger Vol Lookback or raise Vol Spike .
• Sideways markets will show frequent small dips. Increase Dip % or keep the trend filter on.
• News candles can blow through entry lines. Widen stops or skip around known events.
• If you see many back-to-back triangles, raise Min Gap to keep only the best setups.
Quick setup recipes
• Clean swing trader: Trend filter on, Dip % 2.0 to 3.0, Vol Spike 2.0, Volatility Len 14, Fast 20 EMA, Slow 50 EMA, Trend 100 EMA.
• Fast intraday scalper: Trend filter off, Dip % 0.7 to 1.0, Vol Spike 2.5, Volatility Len 10, Fast 9 EMA, Slow 21 EMA, Min Gap 10 bars.
• Crypto swing: Trend filter on, Dip % 4.0, Vol Spike 2.0, Volatility Len 14, Fast 20 EMA, Slow 50 EMA, Trend 200 EMA.
Summary
Dip Hunter is a focused pullback engine. It quantifies a real dip off a recent high, validates it with volume and volatility expansion, enforces corrective structure with EMAs, and optionally restricts signals to an uptrend. The score, bar gradient, and meter make reading conditions instant. Entry lines and alerts turn that read into an executable plan. Tune the thresholds to your market and timeframe, then let the tool keep you patient in red, selective in white, and decisive in green.
Rally/Drop Market Structure (Multi-Timeframe)Rally/Drop Market Structure
Supply and Demand Zones from Bullish/Bearish Breaks
Overview:
The Rally/Drop Market Structure indicator is a powerful price action tool that identifies key structural turning points in the market by detecting bullish and bearish breaks . After each confirmed break, it plots either a demand zone (following a bullish break or rally) or a supply zone (following a bearish break or drop). These zones represent institutional footprints — areas where price is likely to react due to imbalance or unfilled orders.
The indicator is based on synthetic higher timeframe (HTF) candles to provide a more stable and smoothed structural map, improving clarity and signal quality over raw candles.
How It Works:
- A bullish break is defined when price makes a higher high and a higher low (or closes above the previous high depending on your selected mode).
- A bearish break is defined when price makes a lower high and a lower low (or closes below the previous low).
- After a bullish break, the indicator plots a demand zone based on the low and high of the most recent bearish candle — representing where demand stepped in.
- After a bearish break, the indicator plots a supply zone from the most recent bullish candle — indicating where supply took control.
- Optional mitigation logic marks zones as mitigated (or deletes them) once price trades into the opposing side.
- Internal shift detection highlights swing highs and lows , labels structural points (HH, HL, LH, LL), and identifies potential liquidity sweeps .
Features:
- Dynamic plotting of rally-based demand zones and drop-based supply zones
- Toggle to use Highs/Lows or Close-based breaks for structure
- Support for LTF, MTF, and HTF analysis (with selectable timeframe)
- Zone mitigation logic with optional automatic cleanup
- Labeling of key swing points: HH , HL , LH , LL , and LS (Liquidity Sweep)
- Zigzag visualization for structure flow
- Alert-ready for internal shifts, BoS, and zone creation
- Separate styling options for BoS lines, internal shift shapes, and zone colors
How to Use:
- Set your desired HTF candle source (e.g., 1H or 4H) depending on your trading style.
- Use Highs/Lows mode for pure price action structure or Close mode for more conservative signals.
- Observe when a bullish break occurs — a demand zone will form where price previously dropped before rallying. Look for long opportunities if price revisits this zone.
- After a bearish break , a supply zone forms where the rally failed — use this to scout short entries on retests.
- Use BoS lines to confirm structure shifts and validate entry triggers or trend direction.
- Monitor mitigated zones for reduced reliability or avoid them completely by enabling automatic deletion.
- Use alerts to stay notified about key changes without watching the chart constantly.
Recommended Strategies:
- Smart money or ICT-style trading : identify institutional footprints and mitigation setups
- Reversal trading : catch price rejecting off unmitigated zones after structure break
- Trend continuation : enter in the direction of internal structure after pullbacks into zones
- Liquidity sweep confirmation : filter out false breaks using HH/LL with LS detection
Tips:
- Combine this indicator with a higher timeframe bias tool (e.g., moving average, higher timeframe market structure).
- For scalping, use tighter HTFs and reduce the zone duration.
- For swing trading, use larger HTFs (1H, 4H, Daily) and increase zone persistence.
Summary:
The Rally/Drop Market Structure indicator gives you an actionable framework for understanding price structure, market intent, and supply/demand imbalances. Whether you're looking for precision entries, trend confirmation, or smart money concepts, this tool helps simplify complex price behavior into clean, usable structure and zones.
Chaithanya Tattva Volume Zones📜 "Chaitanya Tattva" Volume Zones:-
A Sacred Framework of Supply, Demand & Market Energy
In the world of financial markets, price is said to reflect all information. But the true pulse of the market — its life force, its intent, and its moment of truth — is most vividly expressed not in price itself, but in volume.
Chaitanya Tattva Volume Zones is a spiritually inspired volume-based tool that transforms your chart into a canvas of market consciousness, revealing moments where supply and demand engage in visible energetic spikes. These moments are often disguised as ordinary candles, but with this tool, you uncover zones of intent — footprints left by the market’s deeper intelligence.
🌟 Why “Chaitanya Tattva”?
Chaitanya (चैतन्य) is a Sanskrit word meaning consciousness, awareness, or the spark of life energy. It is that which animates — the subtle intelligence behind all movement.
Tattva (तत्त्व) refers to essence, truth, or the underlying principle of a thing. In classical yogic philosophy, the tattvas are the elemental building blocks of reality.
Together, Chaitanya Tattva represents the conscious essence — the living pulse that animates the market through volume surges and imbalances.
This tool is not just a technical indicator — it is a spiritual observation device that aligns with the rhythm of volume and price action. It doesn't predict the market. It reveals when the market has already spoken — loudly, clearly, and energetically.
📈 What Does the Tool Do?
Chaitanya Tattva Volume Zones identifies exceptional volume spikes within the recent price history and visually marks the areas where market intent has been most active.
Specifically, the tool:
Scans for volume spikes that exceed all the volume of the last N bars (default is 20)
Confirms whether the spike happened on a bullish candle (close > open) or bearish candle (close < open)
For a bullish spike, it marks a Supply Zone — the area between the high and close of the candle
For a bearish spike, it marks a Demand Zone — the area between the low and close
Visually paints these zones with soft translucent boxes (red for supply, green for demand) that extend forward across multiple bars
🧘♂️ The Spiritual Framework
🔴 Supply = "Agni" — The Fire of Expansion
When a bullish candle erupts with historically high volume, it symbolizes the fire (Agni) of market optimism and upward expansion. It means that buyers have absorbed available supply at that level and established dominance — but such fire may also signal exhaustion, making it a potential supply barrier if price returns.
These Supply Zones are areas where:
Sellers are likely to re-engage
Smart money may be unloading
Future resistance can be anticipated
But unlike traditional indicators, this tool doesn’t guess. It reacts only to a clear volume-based event — when market energy surges — and locks in that awareness through zone marking.
🟢 Demand = "Prithvi" — The Grounding of Price
On the other hand, a bearish candle with extremely high volume represents the Earth (Prithvi) — grounding the price with firm hands. A strong volume drop often means buyers are stepping in, absorbing the selling pressure.
These Demand Zones are areas where:
Buying interest is proven
Market memory is stored
Future support can be expected
By respecting these zones, you're aligning your trading with natural market boundaries — not theoretical ones.
🧠 How Is It Different from Regular Volume Tools?
While most volume indicators show bars on a lower panel, they leave interpretation up to the trader. “High” or “low” becomes subjective.
Chaitanya Tattva Volume Zones is different:
It quantifies "spike": a bar must exceed all previous N volumes
It qualifies the intent: was the spike bullish or bearish?
It marks zones on the price chart: no need to guess levels
It preserves market memory: the zones persist visually for easy reference
In essence, this tool doesn’t just report volume — it interprets volume’s context and visually encodes it into the chart.
🧘 How to Use
1. Support/Resistance Mapping
Use the tool to understand where volume proved itself. If price revisits a red zone, expect possible rejection (resistance). If price revisits a green zone, expect possible absorption (support).
2. Entry Triggers
You may enter:
Long near demand zones if bullish confirmation appears
Short near supply zones if bearish confirmation appears
3. Stop Placement
Stops can be placed just beyond the zone boundary to align with areas where smart money historically defended.
4. Breakout Confidence
When price breaks through one of these zones with momentum, it often signals a new energetic wave — the old balance has been overcome.
🔔 Key Features
Volume spike detection across any timeframe
Clear visual zones — no clutter, no lag
Highly customizable: zone width, volume lookback, colors
Philosophy-aligned with supply and demand theory, Wyckoff, and Order Flow
🌌 A Metaphysical View of Volume
In yogic science, volume is akin to Prana — life-force energy. A market is not moved by price alone but by intent, force, and participation — all encoded in volume.
Just as a human body pulses with blood when action intensifies, the market pulses with volume when institutional decisions are made.
These pulses become sacred footprints — and Chaitanya Tattva Volume Zones helps you walk mindfully among them.
🔮 Final Thoughts
In a sea of indicators that shout at you with every tick, Chaitanya Tattva is calm. It speaks only when energy concentrates, only when the market sends a signal born of intent.
It doesn’t predict.
It doesn’t repaint.
It simply shows the truth, when the truth becomes undeniable.
Like a sage that speaks only when needed, it waits for volume to prove itself — then draws a memory into space, a zone where traders can re-align their actions with what the market has already honored.
Use it not just to trade —
But to listen.
To observe.
To follow the Chaitanya — the conscious pulse of the market’s own breath.
EVaR Indicator and Position SizingThe Problem:
Financial markets consistently show "fat-tailed" distributions where extreme events occur with higher frequency than predicted by normal distributions (Gaussian or even log-normal). These fat tails manifest in sudden price crashes, volatility spikes, and black swan events that traditional risk measures like volatility can underestimate. Standard deviation and conventional VaR calculations assume normally distributed returns, leaving traders vulnerable to severe drawdowns during market stress.
Cryptocurrencies and volatile instruments display particularly pronounced fat-tailed behavior, with extreme moves occurring 5-10 times more frequently than normal distribution models would predict. This reality demands a more sophisticated approach to risk measurement and position sizing.
The Solution: Entropic Value at Risk (EVAR)
EVaR addresses these limitations by incorporating principles from statistical mechanics and information theory through Tsallis entropy. This advanced approach captures the non-linear dependencies and power-law distributions characteristic of real financial markets.
Entropy is more adaptive than standard deviations and volatility measures.
I was inspired to create this indicator after reading the paper " The End of Mean-Variance? Tsallis Entropy Revolutionises Portfolio Optimisation in Cryptocurrencies " by by Sana Gaied Chortane and Kamel Naoui.
Key advantages of EVAR over traditional risk measures:
Superior tail risk capture: More accurately quantifies the probability of extreme market moves
Adaptability to market regimes: Self-calibrates to changing volatility environments
Non-parametric flexibility: Makes less assumptions about the underlying return distribution
Forward-looking risk assessment: Better anticipates potential market changes (just look at the charts :)
Mathematically, EVAR is defined as:
EVAR_α(X) = inf_{z>0} {z * log(1/α * M_X(1/z))}
Where the moment-generating function is calculated using q-exponentials rather than conventional exponentials, allowing precise modeling of fat-tailed behavior.
Technical Implementation
This indicator implements EVAR through a q-exponential approach from Tsallis statistics:
Returns Calculation: Price returns are calculated over the lookback period
Moment Generating Function: Approximated using q-exponentials to account for fat tails
EVAR Computation: Derived from the MGF and confidence parameter
Normalization: Scaled to for intuitive visualization
Position Sizing: Inversely modulated based on normalized EVAR
The q-parameter controls tail sensitivity—higher values (1.5-2.0) increase the weighting of extreme events in the calculation, making the model more conservative during potentially turbulent conditions.
Indicator Components
1. EVAR Risk Visualization
Dynamic EVAR Plot: Color-coded from red to green normalized risk measurement (0-1)
Risk Thresholds: Reference lines at 0.3, 0.5, and 0.7 delineating risk zones
2. Position Sizing Matrix
Risk Assessment: Current risk level and raw EVAR value
Position Recommendations: Percentage allocation, dollar value, and quantity
Stop Parameters: Mathematically derived stop price with percentage distance
Drawdown Projection: Maximum theoretical loss if stop is triggered
Interpretation and Application
The normalized EVAR reading provides a probabilistic risk assessment:
< 0.3: Low risk environment with minimal tail concerns
0.3-0.5: Moderate risk with standard tail behavior
0.5-0.7: Elevated risk with increased probability of significant moves
> 0.7: High risk environment with substantial tail risk present
Position sizing is automatically calculated using an inverse relationship to EVAR, contracting during high-risk periods and expanding during low-risk conditions. This is a counter-cyclical approach that ensures consistent risk exposure across varying market regimes, especially when the market is hyped or overheated.
Parameter Optimization
For optimal risk assessment across market conditions:
Lookback Period: Determines the historical window for risk calculation
Q Parameter: Controls tail sensitivity (higher values increase conservatism)
Confidence Level: Sets the statistical threshold for risk assessment
For cryptocurrencies and highly volatile instruments, a q-parameter between 1.5-2.0 typically provides the most accurate risk assessment because it helps capturing the fat-tailed behavior characteristic of these markets. You can also increase the q-parameter for more conservative approaches.
Practical Applications
Adaptive Risk Management: Quantify and respond to changing tail risk conditions
Volatility-Normalized Positioning: Maintain consistent exposure across market regimes
Black Swan Detection: Early identification of potential extreme market conditions
Portfolio Construction: Apply consistent risk-based sizing across diverse instruments
This indicator is my own approach to entropy-based risk measures as an alterative to volatility and standard deviations and it helps with fat-tailed markets.
Enjoy!
Multifractal Forecast [ScorsoneEnterprises]Multifractal Forecast Indicator
The Multifractal Forecast is an indicator designed to model and forecast asset price movements using a multifractal framework. It uses concepts from fractal geometry and stochastic processes, specifically the Multifractal Model of Asset Returns (MMAR) and fractional Brownian motion (fBm), to generate price forecasts based on historical price data. The indicator visualizes potential future price paths as colored lines, providing traders with a probabilistic view of price trends over a specified trading time scale. Below is a detailed breakdown of the indicator’s functionality, inputs, calculations, and visualization.
Overview
Purpose: The indicator forecasts future price movements by simulating multiple price paths based on a multifractal model, which accounts for the complex, non-linear behavior of financial markets.
Key Concepts:
Multifractal Model of Asset Returns (MMAR): Models price movements as a multifractal process, capturing varying degrees of volatility and self-similarity across different time scales.
Fractional Brownian Motion (fBm): A generalization of Brownian motion that incorporates long-range dependence and self-similarity, controlled by the Hurst exponent.
Binomial Cascade: Used to model trading time, introducing heterogeneity in time scales to reflect market activity bursts.
Hurst Exponent: Measures the degree of long-term memory in the price series (persistence, randomness, or mean-reversion).
Rescaled Range (R/S) Analysis: Estimates the Hurst exponent to quantify the fractal nature of the price series.
Inputs
The indicator allows users to customize its behavior through several input parameters, each influencing the multifractal model and forecast generation:
Maximum Lag (max_lag):
Type: Integer
Default: 50
Minimum: 5
Purpose: Determines the maximum lag used in the rescaled range (R/S) analysis to calculate the Hurst exponent. A higher lag increases the sample size for Hurst estimation but may smooth out short-term dynamics.
2 to the n values in the Multifractal Model (n):
Type: Integer
Default: 4
Purpose: Defines the resolution of the multifractal model by setting the size of arrays used in calculations (N = 2^n). For example, n=4 results in N=16 data points. Larger n increases computational complexity and detail but may exceed Pine Script’s array size limits (capped at 100,000).
Multiplier for Binomial Cascade (m):
Type: Float
Default: 0.8
Purpose: Controls the asymmetry in the binomial cascade, which models trading time. The multiplier m (and its complement 2.0 - m) determines how mass is distributed across time scales. Values closer to 1 create more balanced cascades, while values further from 1 introduce more variability.
Length Scale for fBm (L):
Type: Float
Default: 100,000.0
Purpose: Scales the fractional Brownian motion output, affecting the amplitude of simulated price paths. Larger values increase the magnitude of forecasted price movements.
Cumulative Sum (cum):
Type: Integer (0 or 1)
Default: 1
Purpose: Toggles whether the fBm output is cumulatively summed (1=On, 0=Off). When enabled, the fBm series is accumulated to simulate a price path with memory, resembling a random walk with long-range dependence.
Trading Time Scale (T):
Type: Integer
Default: 5
Purpose: Defines the forecast horizon in bars (20 bars into the future). It also scales the binomial cascade’s output to align with the desired trading time frame.
Number of Simulations (num_simulations):
Type: Integer
Default: 5
Minimum: 1
Purpose: Specifies how many forecast paths are simulated and plotted. More simulations provide a broader range of possible price outcomes but increase computational load.
Core Calculations
The indicator combines several mathematical and statistical techniques to generate price forecasts. Below is a step-by-step explanation of its calculations:
Log Returns (lgr):
The indicator calculates log returns as math.log(close / close ) when both the current and previous close prices are positive. This measures the relative price change in a logarithmic scale, which is standard for financial time series analysis to stabilize variance.
Hurst Exponent Estimation (get_hurst_exponent):
Purpose: Estimates the Hurst exponent (H) to quantify the degree of long-term memory in the price series.
Method: Uses rescaled range (R/S) analysis:
For each lag from 2 to max_lag, the function calc_rescaled_range computes the rescaled range:
Calculate the mean of the log returns over the lag period.
Compute the cumulative deviation from the mean.
Find the range (max - min) of the cumulative deviation.
Divide the range by the standard deviation of the log returns to get the rescaled range.
The log of the rescaled range (log(R/S)) is regressed against the log of the lag (log(lag)) using the polyfit_slope function.
The slope of this regression is the Hurst exponent (H).
Interpretation:
H = 0.5: Random walk (no memory, like standard Brownian motion).
H > 0.5: Persistent behavior (trends tend to continue).
H < 0.5: Mean-reverting behavior (price tends to revert to the mean).
Fractional Brownian Motion (get_fbm):
Purpose: Generates a fractional Brownian motion series to model price movements with long-range dependence.
Inputs: n (array size 2^n), H (Hurst exponent), L (length scale), cum (cumulative sum toggle).
Method:
Computes covariance for fBm using the formula: 0.5 * (|i+1|^(2H) - 2 * |i|^(2H) + |i-1|^(2H)).
Uses Hosking’s method (referenced from Columbia University’s implementation) to generate fBm:
Initializes arrays for covariance (cov), intermediate calculations (phi, psi), and output.
Iteratively computes the fBm series by incorporating a random term scaled by the variance (v) and covariance structure.
Applies scaling based on L / N^H to adjust the amplitude.
Optionally applies cumulative summation if cum = 1 to produce a path with memory.
Output: An array of 2^n values representing the fBm series.
Binomial Cascade (get_binomial_cascade):
Purpose: Models trading time (theta) to account for non-uniform market activity (e.g., bursts of volatility).
Inputs: n (array size 2^n), m (multiplier), T (trading time scale).
Method:
Initializes an array of size 2^n with values of 1.0.
Iteratively applies a binomial cascade:
For each block (from 0 to n-1), splits the array into segments.
Randomly assigns a multiplier (m or 2.0 - m) to each segment, redistributing mass.
Normalizes the array by dividing by its sum and scales by T.
Checks for array size limits to prevent Pine Script errors.
Output: An array (theta) representing the trading time, which warps the fBm to reflect market activity.
Interpolation (interpolate_fbm):
Purpose: Maps the fBm series to the trading time scale to produce a forecast.
Method:
Computes the cumulative sum of theta and normalizes it to .
Interpolates the fBm series linearly based on the normalized trading time.
Ensures the output aligns with the trading time scale (T).
Output: An array of interpolated fBm values representing log returns over the forecast horizon.
Price Path Generation:
For each simulation (up to num_simulations):
Generates an fBm series using get_fbm.
Interpolates it with the trading time (theta) using interpolate_fbm.
Converts log returns to price levels:
Starts with the current close price.
For each step i in the forecast horizon (T), computes the price as prev_price * exp(log_return).
Output: An array of price levels for each simulation.
Visualization:
Trigger: Updates every T bars when the bar state is confirmed (barstate.isconfirmed).
Process:
Clears previous lines from line_array.
For each simulation, plots a line from the current bar’s close price to the forecasted price at bar_index + T.
Colors the line using a gradient (color.from_gradient) based on the final forecasted price relative to the minimum and maximum forecasted prices across all simulations (red for lower prices, teal for higher prices).
Output: Multiple colored lines on the chart, each representing a possible price path over the next T bars.
How It Works on the Chart
Initialization: On each bar, the indicator calculates the Hurst exponent (H) using historical log returns and prepares the trading time (theta) using the binomial cascade.
Forecast Generation: Every T bars, it generates num_simulations price paths:
Each path starts at the current close price.
Uses fBm to model log returns, warped by the trading time.
Converts log returns to price levels.
Plotting: Draws lines from the current bar to the forecasted price T bars ahead, with colors indicating relative price levels.
Dynamic Updates: The forecast updates every T bars, replacing old lines with new ones based on the latest price data and calculations.
Key Features
Multifractal Modeling: Captures complex market dynamics by combining fBm (long-range dependence) with a binomial cascade (non-uniform time).
Customizable Parameters: Allows users to adjust the forecast horizon, model resolution, scaling, and number of simulations.
Probabilistic Forecast: Multiple simulations provide a range of possible price outcomes, helping traders assess uncertainty.
Visual Clarity: Gradient-colored lines make it easy to distinguish bullish (teal) and bearish (red) forecasts.
Potential Use Cases
Trend Analysis: Identify potential price trends or reversals based on the direction and spread of forecast lines.
Risk Assessment: Evaluate the range of possible price outcomes to gauge market uncertainty.
Volatility Analysis: The Hurst exponent and binomial cascade provide insights into market persistence and volatility clustering.
Limitations
Computational Intensity: Large values of n or num_simulations may slow down execution or hit Pine Script’s array size limits.
Randomness: The binomial cascade and fBm rely on random terms (math.random), which may lead to variability between runs.
Assumptions: The model assumes log-normal price movements and fractal behavior, which may not always hold in extreme market conditions.
Adjusting Inputs:
Set max_lag based on the desired depth of historical analysis.
Adjust n for model resolution (start with 4–6 to avoid performance issues).
Tune m to control trading time variability (0.5–1.5 is typical).
Set L to scale the forecast amplitude (experiment with values like 10,000–1,000,000).
Choose T based on your trading horizon (20 for short-term, 50 for longer-term for example).
Select num_simulations for the number of forecast paths (5–10 is reasonable for visualization).
Interpret Output:
Teal lines suggest bullish scenarios, red lines suggest bearish scenarios.
A wide spread of lines indicates high uncertainty; convergence suggests a stronger trend.
Monitor Updates: Forecasts update every T bars, so check the chart periodically for new projections.
Chart Examples
This is a daily AMEX:SPY chart with default settings. We see the simulations being done every T bars and they provide a range for us to analyze with a few simulations still in the range.
On this intraday PEPPERSTONE:COCOA chart I modified the Length Scale for fBm, L, parameter to be 1000 from 100000. Adjusting the parameter as you switch between timeframes can give you more contextual simulations.
On BITSTAMP:ETHUSD I modified the L to be 1000000 to have a more contextual set of simulations with crypto's volatile nature.
With L at 100000 we see the range for NASDAQ:TLT is correctly simulated. The recent pop stays within the bounds of the highest simulation. Note this is a cherry picked example to show the power and potential of these simulations.
Technical Notes
Error Handling: The script includes checks for array size limits and division by zero (math.abs(denominator) > 1e-10, v := math.max(v, 1e-10)).
External Reference: The fBm implementation is based on Hosking’s method (www.columbia.edu), ensuring a robust algorithm.
Conclusion
The Multifractal Forecast is a powerful tool for traders seeking to model complex market dynamics using a multifractal framework. By combining fBm, binomial cascades, and Hurst exponent analysis, it generates probabilistic price forecasts that account for long-range dependence and non-uniform market activity. Its customizable inputs and clear visualizations make it suitable for both technical analysis and strategy development, though users should be mindful of its computational demands and parameter sensitivity. For optimal use, experiment with input settings and validate forecasts against other technical indicators or market conditions.
Higher Timeframe Market StructureHTF Market Structure – ZigZag, Break of Structure & Supply/Demand
This powerful indicator is designed to identify higher-timeframe market structure using a combination of ZigZag patterns, Break of Structure (BOS) signals, and Supply/Demand zones.
Key Features:
Automatic detection of Higher Highs (HH), Higher Lows (HL), Lower Lows (LL), and Lower Highs (LH)
Internal structure shifts based on Open or High/Low logic
Supply and Demand zones plotted on the chart
Break of Structure (BOS) lines with optional alerts
Mitigation logic to mark or delete invalidated order blocks
Customizable aggregation factor to view higher time frame structure on lower time frames
How to Use:
Focus on market structure and BOS to understand the current trend.
Watch for internal shifts as early signals of potential reversals.
Use ZigZag lines to connect swing highs and lows to visualize market rhythm.
Supply zones (red) and Demand zones (green) are automatically drawn after structure breaks:
Use Demand Zones in Bullish Markets for the highest probability entries.
Use Supply Zones in Bearish Markets to align with the prevailing trend.
Best Practices:
Only use Demand Zones in Bullish markets and Supply Zones in Bearish markets for optimal results.
Look for price action or reversal signals within these zones to refine your entries.
Enable alerts to get notified on:
New order blocks
Internal shifts
BOS events
HH, HL, LL, LH formations
Liquidity sweeps
Customization Options:
Aggregation Factor: Control how many candles are grouped for structure analysis.
Zone Duration: Define how length of plotted zones.
Mitigation Settings: Automatically delete or fade zones after mitigation.
Colors: Choose custom colors for bullish and bearish zones and structure markers.
This tool is ideal for traders who rely on price action, structure, and smart money concepts. Combine it with your own S&D strategy or integrate it with other confluence tools for even better precision.
Uptrick: Z-Trend BandsOverview
Uptrick: Z-Trend Bands is a Pine Script overlay crafted to capture high-probability mean-reversion opportunities. It dynamically plots upper and lower statistical bands around an EMA baseline by converting price deviations into z-scores. Once price moves outside these bands and then reenters, the indicator verifies that momentum is genuinely reversing via an EMA-smoothed RSI slope. Signal memory ensures only one entry per momentum swing, and traders receive clear, real-time feedback through customizable bar-coloring modes, a semi-transparent fill highlighting the statistical zone, concise “Up”/“Down” labels, and a live five-metric scoring table.
Introduction
Markets often oscillate between trending and reverting, and simple thresholds or static envelopes frequently misfire when volatility shifts. Standard deviation quantifies how “wide” recent price moves have been, and a z-score transforms each deviation into a measure of how rare it is relative to its own history. By anchoring these bands to an exponential moving average, the script maintains a fluid statistical envelope that adapts instantly to both calm and turbulent regimes. Meanwhile, the Relative Strength Index (RSI) tracks momentum; smoothing RSI with an EMA and observing its slope filters out erratic spikes, ensuring that only genuine momentum flips—upward for longs and downward for shorts—qualify.
Purpose
This indicator is purpose-built for short-term mean-reversion traders operating on lower–timeframe charts. It reveals when price has strayed into the outer 5 percent of its recent range, signaling an increased likelihood of a bounce back toward fair value. Rather than firing on price alone, it demands that momentum follow suit: the smoothed RSI slope must flip in the opposite direction before any trade marker appears. This dual-filter approach dramatically reduces noise-driven, false setups. Traders then see immediate visual confirmation—bar colors that reflect the latest signal and age over time, clear entry labels, and an always-visible table of metric scores—so they can gauge both the validity and freshness of each signal at a glance.
Originality and Uniqueness
Uptrick: Z-Trend Bands stands apart from typical envelope or oscillator tools in four key ways. First, it employs fully normalized z-score bands, meaning ±2 always captures roughly the top and bottom 5 percent of moves, regardless of volatility regime. Second, it insists on two simultaneous conditions—price reentry into the bands and a confirming RSI slope flip—dramatically reducing whipsaw signals. Third, it uses slope-phase memory to lock out duplicate signals until momentum truly reverses again, enforcing disciplined entries. Finally, it offers four distinct bar-coloring schemes (solid reversal, fading reversal, exceeding bands, and classic heatmap) plus a dynamic scoring table, rather than a single, opaque alert, giving traders deep insight into every layer of analysis.
Why Each Component Was Picked
The EMA baseline was chosen for its blend of responsiveness—weighting recent price heavily—and smoothness, which filters market noise. Z-score deviation bands standardize price extremes relative to their own history, adapting automatically to shifting volatility so that “extreme” always means statistically rare. The RSI, smoothed with an EMA before slope calculation, captures true momentum shifts without the false spikes that raw RSI often produces. Slope-phase memory flags prevent repeated alerts within a single swing, curbing over-trading in choppy conditions. Bar-coloring modes provide flexible visual contexts—whether you prefer to track the latest reversal, see signal age, highlight every breakout, or view a continuous gradient—and the scoring table breaks down all five core checks for complete transparency.
Features
This indicator offers a suite of configurable visual and logical tools designed to make reversal signals both robust and transparent:
Dynamic z-score bands that expand or contract in real time to reflect current volatility regimes, ensuring the outer ±zThreshold levels always represent statistically rare extremes.
A smooth EMA baseline that weights recent price more heavily, serving as a fair-value anchor around which deviations are measured.
EMA-smoothed RSI slope confirmation, which filters out erratic momentum spikes by first smoothing raw RSI and then requiring its bar-to-bar slope to flip before any signal is allowed.
Slope-phase memory logic that locks out duplicate buy or sell markers until the RSI slope crosses back through zero, preventing over-trading during choppy swings.
Four distinct bar-coloring modes—Reversal Solid, Reversal Fade, Exceeding Bands, Classic Heat—plus a “None” option, so traders can choose whether to highlight the latest signal, show signal age, emphasize breakout bars, or view a continuous heat gradient within the bands.
A semi-transparent fill between the EMA and the upper/lower bands that visually frames the statistical zone and makes extremes immediately obvious.
Concise “Up” and “Down” labels that plot exactly when price re-enters a band with confirming momentum, keeping chart clutter to a minimum.
A real-time, five-metric scoring table (z-score, RSI slope, price vs. EMA, trend state, re-entry) that updates every two bars, displaying individual +1/–1/0 scores and an averaged Buy/Sell/Neutral verdict for complete transparency.
Calculations
Compute the fair-value EMA over fairLen bars.
Subtract that EMA from current price each bar to derive the raw deviation.
Over zLen bars, calculate the rolling mean and standard deviation of those deviations.
Convert each deviation into a z-score by subtracting the mean and dividing by the standard deviation.
Plot the upper and lower bands at ±zThreshold × standard deviation around the EMA.
Calculate raw RSI over rsiLen bars, then smooth it with an EMA of length rsiEmaLen.
Derive the RSI slope by taking the difference between the current and previous smoothed RSI.
Detect a potential reentry when price exits one of the bands on the prior bar and re-enters on the current bar.
Require that reentry coincide with an RSI slope flip (positive for a lower-band reentry, negative for an upper-band reentry).
On first valid reentry per momentum swing, fire a buy or sell signal and set a memory flag; reset that flag only when the RSI slope crosses back through zero.
For each bar, assign scores of +1, –1, or 0 for the z-score direction, RSI slope, price vs. EMA, trend-state, and reentry status.
Average those five scores; if the result exceeds +0.1, label “Buy,” if below –0.1, label “Sell,” otherwise “Neutral.”
Update bar colors, the semi-transparent fill, reversal labels, and the scoring table every two bars to reflect the latest calculations.
How It Actually Works
On each new candle, the EMA baseline and band widths update to reflect current volatility. The RSI is smoothed and its slope recalculated. The script then looks back one bar to see if price exited either band and forward to see if it reentered. If that reentry coincides with an appropriate RSI slope flip—and no signal has yet been generated in that swing—a concise label appears. Bar colors refresh according to your selected mode, and the scoring table updates to show which of the five conditions passed or failed, along with the overall verdict. This process repeats seamlessly at each bar, giving traders a continuous feed of disciplined, statistically filtered reversal cues.
Inputs
All parameters are fully user-configurable, allowing you to tailor sensitivity, lookbacks, and visuals to your trading style:
EMA length (fairLen): number of bars for the fair-value EMA; higher values smooth more but lag further behind price.
Z-Score lookback (zLen): window for calculating the mean and standard deviation of price deviations; longer lookbacks reduce noise but respond more slowly to new volatility.
Z-Score threshold (zThreshold): number of standard deviations defining the upper and lower bands; common default is 2.0 for roughly the outer 5 percent of moves.
Source (src): choice of price series (close, hl2, etc.) used for EMA, deviation, and RSI calculations.
RSI length (rsiLen): period for raw RSI calculation; shorter values react faster to momentum changes but can be choppier.
RSI EMA length (rsiEmaLen): period for smoothing raw RSI before taking its slope; higher values filter more noise.
Bar coloring mode (colorMode): select from None, Reversal Solid, Reversal Fade, Exceeding Bands, or Classic Heat to control how bars are shaded in relation to signals and band positions.
Show signals (showSignals): toggle on-chart “Up” and “Down” labels for reversal entries.
Show scoring table (enableTable): toggle the display of the five-metric breakdown table.
Table position (tablePos): choose which corner (Top Left, Top Right, Bottom Left, Bottom Right) hosts the scoring table.
Conclusion
By merging a normalized z-score framework, momentum slope confirmation, disciplined signal memory, flexible visuals, and transparent scoring into one Pine Script overlay, Uptrick: Z-Trend Bands offers a powerful yet intuitive tool for intraday mean-reversion trading. Its adaptability to real-time volatility and multi-layered filter logic deliver clear, high-confidence reversal cues without the clutter or confusion of simpler indicators.
Disclaimer
This indicator is provided solely for educational and informational purposes. It does not constitute financial advice. Trading involves substantial risk and may not be suitable for all investors. Past performance is not indicative of future results. Always conduct your own testing and apply careful risk management before trading live.
No Gaps - JizzanyNo Gaps – Jizzany
Fill the blanks. Own the patterns.
Don’t let thin futures feeds or blazing-fast 1 s bars break your flow—this overlay stitches every missing pixel back into your chart so you can:
🔍 Analyze low-liquidity markets (futures, exotic FX, crypto alt-pairs) without awkward jumps
⏱️ Trade ultra-low timeframes (1 s, tick charts) with full confidence in every wick
📈 Spot price patterns seamlessly, even when your broker’s feed skips a beat
How it works: Auto-detects gaps between sessions or feeds, then draws miniature candles from the prior close to the current open—using real intrabar highs/lows—so nothing ever goes unseen.
Perfect for scalpers, day traders, and anyone who demands continuity in every bar. Try it on your next chart and rediscover the story in every candle.
Turn This
Into This
This
Into
VSA Tick Volume Zones0
مؤشر VSA Tick Volume مع مناطق العرض والطلب (إصدار تجريبي)
مؤشر مخصص لمنصة TradingView يعتمد على تحليل الحجم والسعر (VSA - Volume Spread Analysis)، ويقوم تلقائيًا بتحديد مناطق الطلب والعرض استنادًا إلى إشارات VSA القوية. يهدف المؤشر إلى كشف تحركات المتداولين المحترفين وتحديد نقاط الانعكاس الذكية.
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✅ الميزات الأساسية:
1. إشارات VSA:
المؤشر يتعرف تلقائيًا على أبرز إشارات تحليل VSA:
- *Climactic Volume (CV):* حجم تداول مرتفع بشكل استثنائي يشير لنهاية الاتجاه الحالي.
- *No Demand (ND):* شموع صعودية ضعيفة الحجم، تشير إلى غياب اهتمام المشترين.
- *No Supply (NS):* شموع هبوطية ضعيفة الحجم، تشير إلى غياب اهتمام البائعين.
- *Stopping Volume (SV):* ارتفاع مفاجئ في الحجم بعد اتجاه هابط، يشير لتدخل المشترين.
- *UpThrust (UT):* اختراق كاذب للسعر نحو الأعلى مع حجم كبير وإغلاق منخفض.
- *Test (T):* شموع اختبارية بحجم منخفض للتحقق من غياب البائعين استعدادًا للصعود.
2. تلوين الشموع:
- كل إشارة تُلوَّن تلقائيًا على الشارت لتسهيل المتابعة البصرية:
- CV باللون الأحمر
- ND باللون البرتقالي
- NS باللون الأخضر
- SV باللون الأزرق
- UT باللون الأرجواني
- Test باللون السماوي
3. رسم مناطق العرض والطلب تلقائيًا:
- يتم تحديد المناطق بناءً على إشارات *UT* و*SV* و*Test*، حيث تعتبر مناطق تمركز ذكي للمؤسسات (Smart Money Zones).
🎯 الهدف من المؤشر:
يساعد هذا المؤشر:
- المتداول اليومي على اتخاذ قرارات مدروسة.
- المحلل الفني على فهم السياق المؤسساتي للسوق.
- دعم استراتيجيات الدخول والخروج بدقة أعلى من خلال الدمج بين إشارات VSA والمناطق الفعلية للعرض والطلب.
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🧪 ملاحظات:
- المؤشر لا يعتبر توصية شراء أو بيع.
- الإشارات تحتاج إلى تأكيد من خلال حركة السعر أو مؤشرات مساعدة.
- يمكن استخدامه مع أدوات إضافية مثل RSI أو Moving Averages.
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⚙ الاقتراحات المستقبلية:
- دمج أدوات تدفق السيولة (مثل OBV أو VWAP).
- تنبيه صوتي وإشعار عند ظهور إشارات محددة.
- تخصيص أكبر للمستخدم من حيث الألوان ونوع الإشارات.
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للتواصل أو المساهمة في تطوير المؤشر، يرجى مراسلتي.
VSA Tick Volume Indicator with Supply and Demand Zones (Beta Version)
A custom indicator for the TradingView platform based on Volume and Price Analysis (VSA - Volume Spread Analysis), it automatically identifies supply and demand zones based on strong VSA signals. The indicator aims to uncover the movements of professional traders and identify smart reversal points.
✅ Key Features:
VSA Signals: The indicator automatically detects key VSA analysis signals:
Climactic Volume (CV): Exceptionally high trading volume indicating the end of the current trend.
No Demand (ND): Bullish candles with weak volume, indicating a lack of buyer interest.
No Supply (NS): Bearish candles with weak volume, indicating a lack of seller interest.
Stopping Volume (SV): A sudden volume spike after a downtrend, indicating buyer intervention.
UpThrust (UT): A false price breakout upwards with high volume and a low close.
Test (T): Low-volume test candles to check for the absence of sellers, signaling readiness for an upward move.
Candle Coloring:
Each signal is automatically color-coded on the chart for easy visual tracking:
CV in red
ND in orange
NS in green
SV in blue
UT in purple
Test in cyan
Automatic Supply and Demand Zone Drawing:
Zones are determined based on the UT, SV, and Test signals, which are considered smart money zones.
🎯 Purpose of the Indicator:
This indicator helps:
The day trader make informed decisions.
The technical analyst understand the market's institutional context.
Enhance entry and exit strategies with more accuracy by combining VSA signals and actual supply and demand zones.
🧪 Notes:
The indicator is not a buy or sell recommendation.
Signals need confirmation through price action or additional indicators.
Can be used alongside other tools such as RSI or Moving Averages.
⚙ Future Suggestions:
Integration of liquidity flow tools (such as OBV or VWAP).
Sound alerts and notifications when specific signals appear.
Greater customization options for users regarding colors and signal types.
For inquiries or contributions to the indicator's development, please contact me.
TQ's Support & Resistance(My goal creating this indicator): Provide a way to categorize and label key structures on multiple different levels so I can create a plan based on those observable facts.
The Underlying Concept / What is Momentum?
Momentum indicates transaction pressure. If the algorithm detects price is going up, that would be considered positive momentum. If the algorithm detects price is going down negative momentum would be detected.
The Momentum shown is derived from a price action pattern. Unlike my previous Support & Resistance indicator that used Super Trend, this indicator uses a unique pattern I created. On the first bar bearish momentum is detected a resistance Level is made at the highest point of the previous bullish condition. On the first bar bullish momentum is detected a support Level is made at the lowest point of the previous bearish condition. This happens on 5 different Momentum Levels, (short-term to long-term). I currently use this pattern to trade so the source code is protected.
What is Severity?
Severity is How we differentiate the importance of different Highs and Lows. If Momentum is detected on a higher level the Supply or Demand Level is updated. The Color and Size representing that Level will be shown. Demand and Supply Levels made by higher levels are more SEVERE than a demand level made by a lower level.
Technical Inputs
- to ensure the correct calculation of Support and Resistance levels change BAR_INDEX. BAR_INDEX creates a buffer at the start of the chart. For example: If you set BAR_INDEX to 300. The script will wait for 300 bars to elapse on the current chart before running. This allows the script more time to gather data. Which is needed in order for our dynamic lookback length to never return an error (Dynamic lookback length can't be negative or zero). The lower the timeframe the greater the number of bars need. For Example, if I open up a 1min chart I would enter 5000 as my BAR_INDEX since that will provide enough data to ensure the correct calculation of Support and Resistance levels. If I was on a daily chart, I would enter a lower number such as 800. Don't be afraid to play around with this.
- Toggle options (Close) or (High & Low) creates Support and Resistance Levels using the Lowest close and Highest close or using the Lowest low and Highest high.
Level Inputs
- The indicator has 5 Different Levels indicating SEVEREITY of a Supply and Demand Levels. The higher the Level the more SEVERE the Level.
Display Inputs
- You have the option to customize the Length, Width, Line Style, and Colors of all 5 different
- This indicator includes a Trend Chart. To Easily verify the current trend of any displayed by this indicator toggle on Chart On/Off. You also get the option to change the Chart Position and the size of the Trend Chart
How Trend Is being Determined?
(Close > Current Supply Level) if this statement is true technically price made a HH, so the trend is bullish.
(Close < Current Demand Level) if this statement is true technically price made a LL, so the trend is bearish.
- Fully customize how you display Market Structure on different levels. Line Length, Line Width, Line Style, and Line color can all be customized.
How it can be used?
(Examples of Different ways you can use this indicator): Easily categorize the severity of each and every Supply or Demand Level in the market (The higher Level the stronger the level)
: Quickly Determine the trend of any Level.
: Get a consistent view of a market and how different Levels are behaving but just use one chart.
: Take the discretion from hand drawing support and resistance lines out of your trading.
: Find and categorize strong levels for potential breakouts.
: Trend Analysis, use Levels to create a narrative based on observable facts from these Levels.
: Different Targets to take money off the table.
: Use Severity to differentiate between different trend line setups.
: Find Great places to move your stop loss too.
Multi-Fibonacci Trend Average[FibonacciFlux]Multi-Fibonacci Trend Average (MFTA): An Institutional-Grade Trend Confluence Indicator for Discerning Market Participants
My original indicator/Strategy:
Engineered for the sophisticated demands of institutional and advanced traders, the Multi-Fibonacci Trend Average (MFTA) indicator represents a paradigm shift in technical analysis. This meticulously crafted tool is designed to furnish high-definition trend signals within the complexities of modern financial markets. Anchored in the rigorous principles of Fibonacci ratios and augmented by advanced averaging methodologies, MFTA delivers a granular perspective on trend dynamics. Its integration of Multi-Timeframe (MTF) filters provides unparalleled signal robustness, empowering strategic decision-making with a heightened degree of confidence.
MFTA indicator on BTCUSDT 15min chart with 1min RSI and MACD filters enabled. Note the refined signal generation with reduced noise.
MFTA indicator on BTCUSDT 15min chart without MTF filters. While capturing more potential trading opportunities, it also generates a higher frequency of signals, including potential false positives.
Core Innovation: Proprietary Fibonacci-Enhanced Supertrend Averaging Engine
The MFTA indicator’s core innovation lies in its proprietary implementation of Supertrend analysis, strategically fortified by Fibonacci ratios to construct a truly dynamic volatility envelope. Departing from conventional Supertrend methodologies, MFTA autonomously computes not one, but three distinct Supertrend lines. Each of these lines is uniquely parameterized by a specific Fibonacci factor: 0.618 (Weak), 1.618 (Medium/Golden Ratio), and 2.618 (Strong/Extended Fibonacci).
// Fibonacci-based factors for multiple Supertrend calculations
factor1 = input.float(0.618, 'Factor 1 (Weak/Fibonacci)', minval=0.01, step=0.01, tooltip='Factor 1 (Weak/Fibonacci)', group="Fibonacci Supertrend")
factor2 = input.float(1.618, 'Factor 2 (Medium/Golden Ratio)', minval=0.01, step=0.01, tooltip='Factor 2 (Medium/Golden Ratio)', group="Fibonacci Supertrend")
factor3 = input.float(2.618, 'Factor 3 (Strong/Extended Fib)', minval=0.01, step=0.01, tooltip='Factor 3 (Strong/Extended Fib)', group="Fibonacci Supertrend")
This multi-faceted architecture adeptly captures a spectrum of market volatility sensitivities, ensuring a comprehensive assessment of prevailing conditions. Subsequently, the indicator algorithmically synthesizes these disparate Supertrend lines through arithmetic averaging. To achieve optimal signal fidelity and mitigate inherent market noise, this composite average is further refined utilizing an Exponential Moving Average (EMA).
// Calculate average of the three supertends and a smoothed version
superlength = input.int(21, 'Smoothing Length', tooltip='Smoothing Length for Average Supertrend', group="Fibonacci Supertrend")
average_trend = (supertrend1 + supertrend2 + supertrend3) / 3
smoothed_trend = ta.ema(average_trend, superlength)
The resultant ‘Smoothed Trend’ line emerges as a remarkably responsive yet stable trend demarcation, offering demonstrably superior clarity and precision compared to singular Supertrend implementations, particularly within the turbulent dynamics of high-volatility markets.
Elevated Signal Confluence: Integrated Multi-Timeframe (MTF) Validation Suite
MFTA transcends the limitations of conventional trend indicators by incorporating an advanced suite of three independent MTF filters: RSI, MACD, and Volume. These filters function as sophisticated validation protocols, rigorously ensuring that only signals exhibiting a confluence of high-probability factors are brought to the forefront.
1. Granular Lower Timeframe RSI Momentum Filter
The Relative Strength Index (RSI) filter, computed from a user-defined lower timeframe, furnishes critical momentum-based signal validation. By meticulously monitoring RSI dynamics on an accelerated timeframe, traders gain the capacity to evaluate underlying momentum strength with precision, prior to committing to signal execution on the primary chart timeframe.
// --- Lower Timeframe RSI Filter ---
ltf_rsi_filter_enable = input.bool(false, title="Enable RSI Filter", group="MTF Filters", tooltip="Use RSI from lower timeframe as a filter")
ltf_rsi_timeframe = input.timeframe("1", title="RSI Timeframe", group="MTF Filters", tooltip="Timeframe for RSI calculation")
ltf_rsi_length = input.int(14, title="RSI Length", minval=1, group="MTF Filters", tooltip="Length for RSI calculation")
ltf_rsi_threshold = input.int(30, title="RSI Threshold", minval=0, maxval=100, group="MTF Filters", tooltip="RSI value threshold for filtering signals")
2. Convergent Lower Timeframe MACD Trend-Momentum Filter
The Moving Average Convergence Divergence (MACD) filter, also calculated on a lower timeframe basis, introduces a critical layer of trend-momentum convergence confirmation. The bullish signal configuration rigorously mandates that the MACD line be definitively positioned above the Signal line on the designated lower timeframe. This stringent condition ensures a robust indication of converging momentum that aligns synergistically with the prevailing trend identified on the primary timeframe.
// --- Lower Timeframe MACD Filter ---
ltf_macd_filter_enable = input.bool(false, title="Enable MACD Filter", group="MTF Filters", tooltip="Use MACD from lower timeframe as a filter")
ltf_macd_timeframe = input.timeframe("1", title="MACD Timeframe", group="MTF Filters", tooltip="Timeframe for MACD calculation")
ltf_macd_fast_length = input.int(12, title="MACD Fast Length", minval=1, group="MTF Filters", tooltip="Fast EMA length for MACD")
ltf_macd_slow_length = input.int(26, title="MACD Slow Length", minval=1, group="MTF Filters", tooltip="Slow EMA length for MACD")
ltf_macd_signal_length = input.int(9, title="MACD Signal Length", minval=1, group="MTF Filters", tooltip="Signal SMA length for MACD")
3. Definitive Volume Confirmation Filter
The Volume Filter functions as an indispensable arbiter of trade conviction. By establishing a dynamic volume threshold, defined as a percentage relative to the average volume over a user-specified lookback period, traders can effectively ensure that all generated signals are rigorously validated by demonstrably increased trading activity. This pivotal validation step signifies robust market participation, substantially diminishing the potential for spurious or false breakout signals.
// --- Volume Filter ---
volume_filter_enable = input.bool(false, title="Enable Volume Filter", group="MTF Filters", tooltip="Use volume level as a filter")
volume_threshold_percent = input.int(title="Volume Threshold (%)", defval=150, minval=100, group="MTF Filters", tooltip="Minimum volume percentage compared to average volume to allow signal (100% = average)")
These meticulously engineered filters operate in synergistic confluence, requiring all enabled filters to definitively satisfy their pre-defined conditions before a Buy or Sell signal is generated. This stringent multi-layered validation process drastically minimizes the incidence of false positive signals, thereby significantly enhancing entry precision and overall signal reliability.
Intuitive Visual Architecture & Actionable Intelligence
MFTA provides a demonstrably intuitive and visually rich charting environment, meticulously delineating trend direction and momentum through precisely color-coded plots:
Average Supertrend: Thin line, green/red for uptrend/downtrend, immediate directional bias.
Smoothed Supertrend: Bold line, teal/purple for uptrend/downtrend, cleaner, institutionally robust trend.
Dynamic Trend Fill: Green/red fill between Supertrends quantifies trend strength and momentum.
Adaptive Background Coloring: Light green/red background mirrors Smoothed Supertrend direction, holistic trend perspective.
Precision Buy/Sell Signals: ‘BUY’/‘SELL’ labels appear on chart when trend touch and MTF filter confluence are satisfied, facilitating high-conviction trade action.
MFTA indicator applied to BTCUSDT 4-hour chart, showcasing its effectiveness on higher timeframes. The Smoothed Length parameter is increased to 200 for enhanced smoothness on this timeframe, coupled with 1min RSI and Volume filters for signal refinement. This illustrates the indicator's adaptability across different timeframes and market conditions.
Strategic Applications for Institutional Mandates
MFTA’s sophisticated design provides distinct advantages for advanced trading operations and institutional investment mandates. Key strategic applications include:
High-Probability Trend Identification: Fibonacci-averaged Supertrend with MTF filters robustly identifies high-probability trend continuations and reversals, enhancing alpha generation.
Precision Entry/Exit Signals: Volume and momentum-filtered signals enable institutional-grade precision for optimized risk-adjusted returns.
Algorithmic Trading Integration: Clear signal logic facilitates seamless integration into automated trading systems for scalable strategy deployment.
Multi-Asset/Timeframe Versatility: Adaptable parameters ensure applicability across diverse asset classes and timeframes, catering to varied trading mandates.
Enhanced Risk Management: Superior signal fidelity from MTF filters inherently reduces false signals, supporting robust risk management protocols.
Granular Customization and Parameterized Control
MFTA offers unparalleled customization, empowering users to fine-tune parameters for precise alignment with specific trading styles and market conditions. Key adjustable parameters include:
Fibonacci Factors: Adjust Supertrend sensitivity to volatility regimes.
ATR Length: Control volatility responsiveness in Supertrend calculations.
Smoothing Length: Refine Smoothed Trend line responsiveness and noise reduction.
MTF Filter Parameters: Independently configure timeframes, lookback periods, and thresholds for RSI, MACD, and Volume filters for optimal signal filtering.
Disclaimer
MFTA is meticulously engineered for high-quality trend signals; however, no indicator guarantees profit. Market conditions are unpredictable, and trading involves substantial risk. Rigorous backtesting and forward testing across diverse datasets, alongside a comprehensive understanding of the indicator's logic, are essential before live deployment. Past performance is not indicative of future results. MFTA is for informational and analytical purposes only and is not financial or investment advice.
DTFX Algo Zones [SamuraiJack Mod]CME_MINI:NQ1!
Credits
This indicator is a modified version of an open-source tool originally developed by Lux Algo. I literally modded their indicator to create the DTFX Algo Zones version, incorporating additional features and refinements. Special thanks to Lux Algo for their original work and for providing the open-source code that made this development possible.
Introduction
DTFX Algo Zones is a technical analysis indicator designed to automatically identify key supply and demand zones on your chart using market structure and Fibonacci retracements. It helps traders spot high-probability reversal areas and important support/resistance levels at a glance. By detecting shifts in market structure (such as Break of Structure and Change of Character) and highlighting bullish or bearish zones dynamically, this tool provides an intuitive framework for planning trades. The goal is to save traders time and improve decision-making by focusing attention on the most critical price zones where market bias may confirm or reverse.
Logic & Features
• Market Structure Shift Detection (BOS & CHoCH): The indicator continuously monitors price swings and marks significant structure shifts. A Break of Structure (BOS) occurs when price breaks above a previous swing high or below a swing low, indicating a continuation of the current trend. A Change of Character (ChoCH) is detected when price breaks in the opposite direction of the prior trend, often signaling an early trend reversal. These moments are visually marked on the chart, serving as anchor points for new zones. By identifying BOS and ChoCH in real-time, the DTFX Algo Zones indicator ensures you’re aware of key trend changes as they happen.
• Auto-Drawn Fibonacci Supply/Demand Zones: Upon a valid structure shift, the indicator plots a Fibonacci-based zone between the breakout point and the preceding swing high/low (the source of the move). This creates a shaded area or band of Fibonacci retracement levels (for example 38.2%, 50%, 61.8%, etc.) representing a potential support zone in an uptrend or resistance zone in a downtrend. These supply/demand zones are derived from the natural retracement of the breakout move, highlighting where price is likely to pull back. Each zone is essentially an auto-generated Fibonacci retracement region tied to a market structure event, which traders can use to anticipate where the next pullback or bounce might occur.
• Dynamic Bullish and Bearish Zones: The DTFX Algo Zones indicator distinguishes bullish vs. bearish zones and updates them dynamically as new price action unfolds. Bullish zones (formed after bullish BOS/ChoCH) are typically highlighted in one color (e.g. green or blue) to indicate areas of demand/support where price may bounce upward. Bearish zones (formed after bearish BOS/ChoCH) are shown in another color (e.g. red/orange) to mark supply/resistance where price may stall or reverse downward. This color-coding and real-time updating allow traders to instantly recognize the market bias: for instance, a series of bullish zones implies an uptrend with multiple support levels on pullbacks, while consecutive bearish zones indicate a downtrend with resistance overhead. As old zones get invalidated or new ones appear, the chart remains current with the latest key levels, eliminating clutter from outdated levels.
• Flexible Customization: The indicator comes with several options to tailor the zones to your trading style. You can filter which zones to display – for example, show only the most recent N zones or limit to only bullish or only bearish zones – helping declutter the chart and focus on recent, relevant levels. There are settings to control zone extension (how far into the future the zones are drawn) and to automatically invalidate zones once they’re no longer relevant (for instance, if price fully breaks through a zone or a new structure shift occurs that supersedes it). Additionally, the Fibonacci retracement levels within each zone are customizable: you can choose which retracement percentages to plot, adjust their colors or line styles, and decide whether to fill the zone area for visibility. This flexibility ensures the DTFX Algo Zones can be tuned for different markets and strategies, whether you want a clean minimalist look or detailed zones with multiple internal levels.
Best Use Cases
DTFX Algo Zones is a versatile indicator that can enhance various trading strategies. Some of its best use cases include:
• Identifying High-Probability Reversal Zones: Each zone marks an area where price has a higher likelihood of stalling or reversing because it reflects a significant prior swing and Fibonacci retracement. Traders can watch these zones for entry opportunities when the market approaches them, as they often coincide with order block or strong supply/demand areas. This is especially useful for catching trend reversals or pullbacks at points where risk is lower and potential reward is higher.
• Spotting Key Support and Resistance: The automatically drawn zones act as dynamic support (below price) and resistance (above price) levels. Instead of manually drawing Fibonacci retracements or support/resistance lines, you get an instant map of the key levels derived from recent price action. This helps in quickly identifying where the next bounce (support) or rejection (resistance) might occur. Swing traders and intraday traders alike can use these zones to set alerts or anticipate reaction areas as the market moves.
• Trend-Following Entries: In a trending market, the indicator’s zones provide ideal areas to join the trend on pullbacks. For example, in an uptrend, when a new bullish zone is drawn after a BOS, it indicates a fresh demand zone – buying near the lower end of that zone on a pullback can offer a low-risk entry to ride the next leg up. Similarly, in a downtrend, selling rallies into the highlighted supply zones can position you in the direction of the prevailing trend. The zones effectively serve as a roadmap of the trend’s structure, allowing trend traders to buy dips and sell rallies with greater confidence.
• Mean-Reversion and Range Trading: Even in choppy or range-bound markets, DTFX Algo Zones can help find mean-reversion trades. If price is oscillating sideways, the zones at extremes of the range might mark where momentum is shifting (ChoCH) and price could swing back toward the mean. A trader might fade an extended move when it reaches a strong zone, anticipating a reversion. Additionally, if multiple zones cluster in an area across time (creating a zone overlap), it often signifies a particularly robust support/resistance level ideal for range trading strategies.
In all these use cases, the indicator’s ability to filter out noise and highlight structurally important levels means traders can focus on higher-probability setups and make more informed trading decisions.
Strategy – Pullback Trading with DTFX Algo Zones
One of the most effective ways to use the DTFX Algo Zones indicator is trading pullbacks in the direction of the trend. Below is a step-by-step strategy to capitalize on pullbacks using the zones, combining the indicator’s signals with sound price action analysis and risk management:
1. Identify a Market Structure Shift and Trend Bias: First, observe the chart for a recent BOS or ChoCH signal from the indicator. This will tell you the current trend bias. For instance, a bullish BOS/ChoCH means the market momentum has shifted upward (bullish bias), and a new demand zone will be drawn. A bearish structure break indicates downward momentum and creates a supply zone. Make sure the broader context supports the bias (e.g., if multiple higher timeframe zones are bullish, focus on long trades).
2. Wait for the Pullback into the Zone: Once a new zone appears, don’t chase the price immediately. Instead, wait for price to retrace back into that highlighted zone. Patience is key – let the market come to you. For a bullish setup, allow price to dip into the Fibonacci retracement zone (demand area); for a bearish setup, watch for a rally into the supply zone. Often, the middle of the zone (around the 50% retracement level) can be an optimal area where price might slow down and pivot, but it’s wise to observe price behavior across the entire zone.
3. Confirm the Entry with Price Action & Confluence: As price tests the zone, look for confirmation signals before entering the trade. This can include bullish reversal candlestick patterns (for longs) or bearish patterns (for shorts) such as engulfing candles, hammers/shooting stars, or doji indicating indecision turning to reversal. Additionally, incorporate confluence factors to strengthen the setup: for example, check if the zone overlaps with a key moving average, a round number price level, or an old support/resistance line from a higher timeframe. You might also use an oscillator (like RSI or Stochastic) to see if the pullback has reached oversold conditions in a bullish zone (or overbought in a bearish zone), suggesting a bounce is likely. The more factors aligning at the zone, the more confidence you can have in the trade. Only proceed with an entry once you see clear evidence of buyers defending a demand zone or sellers defending a supply zone.
4. Enter the Trade and Manage Risk: When you’re satisfied with the confirmation (e.g., price starts to react positively off a demand zone or shows rejection wicks in a supply zone), execute your entry in the direction of the original trend. Immediately set a stop-loss order to control risk: for a long trade, a common placement is just below the demand zone (a few ticks/pips under the swing low that formed the zone); for a short trade, place the stop just above the supply zone’s high. This way, if the zone fails and price continues beyond it, your loss is limited. Position size the trade so that this stop-loss distance corresponds to a risk you are comfortable with (for example, 1-2% of your trading capital).
5. Take Profit Strategically: Plan your take-profit targets in advance. A conservative approach is to target the origin of the move – for instance, in a long trade, you might take profit as price moves back up to the swing high (the 0% Fibonacci level of the zone) or the next significant zone or resistance level above. This often yields at least a 1:1 reward-to-risk ratio if you entered around mid-zone. More aggressive trend-following traders may leave a portion of the position running beyond the initial target, aiming for a larger move in line with the trend (for example, new higher highs in an uptrend). You can also trail your stop-loss upward behind new higher lows (for longs) or lower highs (for shorts) as the trend progresses, locking in profit while allowing for further gains.
6. Monitor Zone Invalidation: Even after entering, keep an eye on the behavior around the zone and any new zones that may form. If price fails to bounce and instead breaks decisively through the entire zone, respect that as an invalidation – the market may be signaling a deeper reversal or that the signal was false. In such a case, it’s better to exit early or stick to your stop-loss than to hold onto a losing position. The indicator will often mark or no longer highlight zones that have been invalidated by price, guiding you to shift focus to the next opportunity.
Risk Management Tips:
• Always use a stop-loss and don’t move it farther out in hope. Placing the stop just beyond the zone’s far end (the swing point) helps protect you if the pullback turns into a larger reversal.
• Aim for a favorable risk-to-reward ratio. With pullback entries near the middle or far end of a zone, you can often achieve a reward that equals or exceeds your risk. For example, risking 20 pips to make 20+ pips (1:1 or better) is a prudent starting point. Adjust targets based on market structure – if the next resistance is 50 pips away, consider that upside against your risk.
• Use confluence and context: Don’t take every zone signal in isolation. The highest probability trades come when the DTFX Algo Zone aligns with other analysis (trend direction, chart patterns, higher timeframe support/resistance, etc.). This filtered approach will reduce trades taken in weak zones or counter-trend traps.
• Embrace patience and selectivity: Not all zones are equal. It can be wise to skip very narrow or insignificant zones and wait for those that form after a strong BOS/ChoCH (indicating a powerful move). Larger zones or zones formed during high-volume times tend to produce more reliable pullback opportunities.
• Review and adapt: After each trade, note how price behaved around the zone. If you notice certain Fib levels (like 50% or 61.8%) within the zone consistently provide the best entries, you can refine your approach to focus on those. Similarly, adjust the indicator’s settings if needed – for example, if too many minor zones are cluttering your screen, limit to the last few or increase the structure length parameter to capture only more significant swings.
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By combining the DTFX Algo Zones indicator with disciplined confirmation and risk management, traders can improve their timing on pullback entries and avoid chasing moves. This indicator shines in helping you trade what you see, not what you feel – the clearly marked zones and structure shifts keep you grounded in price action reality. Whether you’re a trend trader looking to buy the dip/sell the rally, or a reversal trader hunting for exhaustion points, DTFX Algo Zones provides a robust visual aid to elevate your trading decisions. Use it as a complementary tool in your analysis to stay on the right side of the market’s structure and enhance your trading performance.
Rally Base Drop SND Pivots Strategy [LuxAlgo X PineIndicators]This strategy is based on the Rally Base Drop (RBD) SND Pivots indicator developed by LuxAlgo. Full credit for the concept and original indicator goes to LuxAlgo.
The Rally Base Drop SND Pivots Strategy is a non-repainting supply and demand trading system that detects pivot points based on Rally, Base, and Drop (RBD) candles. This strategy automatically identifies key market structure levels, allowing traders to:
Identify pivot-based supply and demand (SND) zones.
Use fixed criteria for trend continuation or reversals.
Filter out market noise by requiring structured price formations.
Enter trades based on breakouts of key SND pivot levels.
How the Rally Base Drop SND Pivots Strategy Works
1. Pivot Point Detection Using RBD Candles
The strategy follows a rigid market structure methodology, where pivots are detected only when:
A Rally (R) consists of multiple consecutive bullish candles.
A Drop (D) consists of multiple consecutive bearish candles.
A Base (B) is identified as a transition between Rallies and Drops, acting as a pivot point.
The pivot level is confirmed when the formation is complete.
Unlike traditional fractal-based pivots, RBD Pivots enforce stricter structural rules, ensuring that each pivot:
Has a well-defined bullish or bearish price movement.
Reduces false signals caused by single-bar fluctuations.
Provides clear supply and demand levels based on structured price movements.
These pivot levels are drawn on the chart using color-coded boxes:
Green zones represent bullish pivot levels (Rally Base formations).
Red zones represent bearish pivot levels (Drop Base formations).
Once a pivot is confirmed, the high or low of the base candle is used as the reference level for future trades.
2. Trade Entry Conditions
The strategy allows traders to select from three trading modes:
Long Only – Only takes long trades when bullish pivot breakouts occur.
Short Only – Only takes short trades when bearish pivot breakouts occur.
Long & Short – Trades in both directions based on pivot breakouts.
Trade entry signals are triggered when price breaks through a confirmed pivot level:
Long Entry:
A bullish pivot level is formed.
Price breaks above the bullish pivot level.
The strategy enters a long position.
Short Entry:
A bearish pivot level is formed.
Price breaks below the bearish pivot level.
The strategy enters a short position.
The strategy includes an optional mode to reverse long and short conditions, allowing traders to experiment with contrarian entries.
3. Exit Conditions Using ATR-Based Risk Management
This strategy uses the Average True Range (ATR) to calculate dynamic stop-loss and take-profit levels:
Stop-Loss (SL): Placed 1 ATR below entry for long trades and 1 ATR above entry for short trades.
Take-Profit (TP): Set using a Risk-Reward Ratio (RR) multiplier (default = 6x ATR).
When a trade is opened:
The entry price is recorded.
ATR is calculated at the time of entry to determine stop-loss and take-profit levels.
Trades exit automatically when either SL or TP is reached.
If reverse conditions mode is enabled, stop-loss and take-profit placements are flipped.
Visualization & Dynamic Support/Resistance Levels
1. Pivot Boxes for Market Structure
Each pivot is marked with a colored box:
Green boxes indicate bullish demand zones.
Red boxes indicate bearish supply zones.
These boxes remain on the chart to act as dynamic support and resistance levels, helping traders identify key price reaction zones.
2. Horizontal Entry, Stop-Loss, and Take-Profit Lines
When a trade is active, the strategy plots:
White line → Entry price.
Red line → Stop-loss level.
Green line → Take-profit level.
Labels display the exact entry, SL, and TP values, updating dynamically as price moves.
Customization Options
This strategy offers multiple adjustable settings to optimize performance for different market conditions:
Trade Mode Selection → Choose between Long Only, Short Only, or Long & Short.
Pivot Length → Defines the number of required Rally & Drop candles for a pivot.
ATR Exit Multiplier → Adjusts stop-loss distance based on ATR.
Risk-Reward Ratio (RR) → Modifies take-profit level relative to risk.
Historical Lookback → Limits how far back pivot zones are displayed.
Color Settings → Customize pivot box colors for bullish and bearish setups.
Considerations & Limitations
Pivot Breakouts Do Not Guarantee Reversals. Some pivot breaks may lead to continuation moves instead of trend reversals.
Not Optimized for Low Volatility Conditions. This strategy works best in trending markets with strong momentum.
ATR-Based Stop-Loss & Take-Profit May Require Optimization. Different assets may require different ATR multipliers and RR settings.
Market Noise May Still Influence Pivots. While this method filters some noise, fake breakouts can still occur.
Conclusion
The Rally Base Drop SND Pivots Strategy is a non-repainting supply and demand system that combines:
Pivot-based market structure analysis (using Rally, Base, and Drop candles).
Breakout-based trade entries at confirmed SND levels.
ATR-based dynamic risk management for stop-loss and take-profit calculation.
This strategy helps traders:
Identify high-probability supply and demand levels.
Trade based on structured market pivots.
Use a systematic approach to price action analysis.
Automatically manage risk with ATR-based exits.
The strict pivot detection rules and built-in breakout validation make this strategy ideal for traders looking to:
Trade based on market structure.
Use defined support & resistance levels.
Reduce noise compared to traditional fractals.
Implement a structured supply & demand trading model.
This strategy is fully customizable, allowing traders to adjust parameters to fit their market and trading style.
Full credit for the original concept and indicator goes to LuxAlgo.
Order Block plusIndicator Description: “Order Block Plus”
This indicator is designed for traders who aim to identify the strength and position of supply and demand zones on the chart and receive key signals for entry or exit. Below is a detailed explanation of its functionality:
Features and Applications:
1. Identifying Supply and Demand Zones:
• Supply (Resistance) and Demand (Support) zones are visually displayed on the chart.
• Each zone is marked with a specific color (Yellow for supply, Blue for demand) for easy identification.
2. Breakout and Reversal Signals:
• The indicator detects Breakout and Reversal patterns and highlights them with alerts.
• Example: Detecting price breaking above or below key levels.
3. Candlestick Pattern Support:
• Identifies powerful patterns such as Bullish Engulf, Bearish Engulf, Three White Soldiers, and Three Black Crows.
4. Displaying Zone Strength:
• The indicator shows the strength of supply and demand zones using text displayed inside each zone.
5. Alerts:
• Provides alerts for zone breakouts, breakdowns, and new zone formations.
• Example: Alerts for breaking a demand or supply zone.
How to Use:
1. Adding to the Chart:
• The indicator can be applied to any time frame and is suitable for Forex, stocks, or cryptocurrency charts.
2. Identifying Trading Opportunities:
• Demand zones indicate strong support levels where prices are likely to rise.
• Supply zones indicate resistance levels where prices are likely to fall.
3. Examining Zone Strength:
• The strength of each zone is displayed with text inside the zone.
Indicator Settings:
• Zone Colors:
• The default colors for supply and demand zones are yellow and blue, but they can be customized.
• Alerts:
• Configurable alerts for breakouts or reversals.
Advantages:
• Automatic detection of key price levels.
• Accurate and timely alerts for trades.
• Customizable for professional traders.
Note: This indicator is designed for technical analysis and should be used alongside a suitable trading strategy.
Uptrick: Volatility Reversion BandsUptrick: Volatility Reversion Bands is an indicator designed to help traders identify potential reversal points in the market by combining volatility and momentum analysis within one comprehensive framework. It calculates dynamic bands around a simple moving average and issues signals when price interacts with these bands. Below is a fully expanded description, structured in multiple sections, detailing originality, usefulness, uniqueness, and the purpose behind blending standard deviation-based and ATR-based concepts. All references to code have been removed to focus on the written explanation only.
Section 1: Overview
Uptrick: Volatility Reversion Bands centers on a moving average around which various bands are constructed. These bands respond to changes in price volatility and can help gauge potential overbought or oversold conditions. Signals occur when the price moves beyond certain thresholds, which may imply a reversal or significant momentum shift.
Section 2: Originality, Usefulness, Uniqness, Purpose
This indicator merges two distinct volatility measurements—Bollinger Bands and ATR—into one cohesive system. Bollinger Bands use standard deviation around a moving average, offering a baseline for what is statistically “normal” price movement relative to a recent mean. When price hovers near the upper band, it may indicate overbought conditions, whereas price near the lower band suggests oversold conditions. This straightforward construction often proves invaluable in moderate-volatility settings, as it pinpoints likely turning points and gauges a market’s typical trading range.
Yet Bollinger Bands alone can falter in conditions marked by abrupt volatility spikes or sudden gaps that deviate from recent norms. Intraday news, earnings releases, or macroeconomic data can alter market behavior so swiftly that standard-deviation bands do not keep pace. This is where ATR (Average True Range) adds an important layer. ATR tracks recent highs, lows, and potential gaps to produce a dynamic gauge of how much price is truly moving from bar to bar. In quieter times, ATR contracts, reflecting subdued market activity. In fast-moving markets, ATR expands, exposing heightened volatility on each new bar.
By overlaying Bollinger Bands and ATR-based calculations, the indicator achieves a broader situational awareness. Bollinger Bands excel at highlighting relative overbought or oversold areas tied to an established average. ATR simultaneously scales up or down based on real-time market swings, signaling whether conditions are calm or turbulent. When combined, this means a price that barely crosses the Bollinger Band but also triggers a high ATR-based threshold is likely experiencing a volatility surge that goes beyond typical market fluctuations. Conversely, a price breach of a Bollinger Band when ATR remains low may still warrant attention, but not necessarily the same urgency as in a high-volatility regime.
The resulting synergy offers balanced, context-rich signals. In a strong trend, the ATR layer helps confirm whether an apparent price breakout really has momentum or if it is just a temporary spike. In a range-bound market, standard deviation-based Bollinger Bands define normal price extremes, while ATR-based extensions highlight whether a breakout attempt has genuine force behind it. Traders gain clarity on when a move is both statistically unusual and accompanied by real volatility expansion, thus carrying a higher probability of a directional follow-through or eventual reversion.
Practical advantages emerge across timeframes. Scalpers in fast-paced markets appreciate how ATR-based thresholds update rapidly, revealing if a sudden price push is routine or exceptional. Swing traders can rely on both indicators to filter out false signals in stable conditions or identify truly notable moves. By calibrating to changes in volatility, the merged system adapts naturally whether the market is trending, ranging, or transitioning between these phases.
In summary, combining Bollinger Bands (for a static sense of standard-deviation-based overbought/oversold zones) with ATR (for a dynamic read on current volatility) yields an adaptive, intuitive indicator. Traders can better distinguish fleeting noise from meaningful expansions, enabling more informed entries, exits, and risk management. Instead of relying on a single yardstick for all market conditions, this fusion provides a layered perspective, encouraging traders to interpret price moves in the broader context of changing volatility.
Section 3: Why Bollinger Bands and ATR are combined
Bollinger Bands provide a static snapshot of volatility by computing a standard deviation range above and below a central average. ATR, on the other hand, adapts in real time to expansions or contractions in market volatility. When combined, these measures offset each other’s limitations: Bollinger Bands add structure (overbought and oversold references), and ATR ensures responsiveness to rapid price shifts. This synergy helps reduce noisy signals, particularly during sudden market turbulence or extended consolidations.
Section 4: User Inputs
Traders can adjust several parameters to suit their preferences and strategies. These typically include:
1. Lookback length for calculating the moving average and standard deviation.
2. Multipliers to control the width of Bollinger Bands.
3. An ATR multiplier to set the distance for additional reversal bands.
4. An option to display weaker signals when the price merely approaches but does not cross the outer bands.
Section 5: Main Calculations
At the core of this indicator are four important steps:
1. Calculate a basis using a simple moving average.
2. Derive Bollinger Bands by adding and subtracting a product of the standard deviation and a user-defined multiplier.
3. Compute ATR over the same lookback period and multiply it by the selected factor.
4. Combine ATR-based distance with the Bollinger Bands to set the outer reversal bands, which serve as stronger signal thresholds.
Section 6: Signal Generation
The script interprets meaningful reversal points when the price:
1. Crosses below the lower outer band, potentially highlighting oversold conditions where a bullish reversal may occur.
2. Crosses above the upper outer band, potentially indicating overbought conditions where a bearish reversal may develop.
Section 7: Visualization
The indicator provides visual clarity through labeled signals and color-coded references:
1. Distinct colors for upper and lower reversal bands.
2. Markers that appear above or below bars to denote possible buying or selling signals.
3. A gradient bar color scheme indicating a bar’s position between the lower and upper bands, helping traders quickly see if the price is near either extreme.
Section 8: Weak Signals (Optional)
For those preferring early cues, the script can highlight areas where the price nears the outer bands. When weak signals are enabled:
1. Bars closer to the upper reversal zone receive a subtle marker suggesting a less robust, yet still noteworthy, potential selling area.
2. Bars closer to the lower reversal zone receive a subtle marker suggesting a less robust, yet still noteworthy, potential buying area.
Section 9: Simplicity, Effectiveness, and Lower Timeframes
Although combining standard deviation and ATR involves sophisticated volatility concepts, this indicator is visually straightforward. Reversal bands and gradient-colored bars make it easy to see at a glance when price approaches or crosses a threshold. Day traders operating on lower timeframes benefit from such clarity because it helps filter out minor fluctuations and focus on more meaningful signals.
Section 10: Adaptability across Market Phases
Because both the standard deviation (for Bollinger Bands) and ATR adapt to changing volatility, the indicator naturally adjusts to various environments:
1. Trending: The additional ATR-based outer bands help distinguish between temporary pullbacks and deeper reversals.
2. Ranging: Bollinger Bands often remain narrower, identifying smaller reversals, while the outer ATR bands remain relatively close to the main bands.
Section 11: Reduced Noise in High-Volatility Scenarios
By factoring ATR into the band calculations, the script widens or narrows the thresholds during rapid market fluctuations. This reduces the amount of false triggers typically found in indicators that rely solely on fixed calculations, preventing overreactions to abrupt but short-lived price spikes.
Section 12: Incorporation with Other Technical Tools
Many traders combine this indicator with oscillators such as RSI, MACD, or Stochastic, as well as volume metrics. Overbought or oversold signals in momentum oscillators can provide additional confirmation when price reaches the outer bands, while volume spikes may reinforce the significance of a breakout or potential reversal.
Section 13: Risk Management Considerations
All trading strategies carry risk. This indicator, like any tool, can and does produce losing trades if price unexpectedly reverses again or if broader market conditions shift rapidly. Prudent traders employ protective measures:
1. Stop-loss orders or trailing stops.
2. Position sizing that accounts for market volatility.
3. Diversification across different asset classes when possible.
Section 14: Overbought and Oversold Identification
Standard Bollinger Bands highlight regions where price might be overextended relative to its recent average. The extended ATR-based reversal bands serve as secondary lines of defense, identifying moments when price truly stretches beyond typical volatility bounds.
Section 15: Parameter Customization for Different Needs
Users can tailor the script to their unique preferences:
1. Shorter lookback settings yield faster signals but risk more noise.
2. Higher multipliers spread the bands further apart, filtering out small moves but generating fewer signals.
3. Longer lookback periods smooth out market noise, often leading to more stable but less frequent trading cues.
Section 16: Examples of Different Trading Styles
1. Day Traders: Often reduce the length to capture quick price swings.
2. Swing Traders: May use moderate lengths such as 20 to 50 bars.
3. Position Traders: Might opt for significantly longer settings to detect macro-level reversals.
Section 17: Performance Limitations and Reality Check
No technical indicator is free from false signals. Sudden fundamental news events, extreme sentiment changes, or low-liquidity conditions can render signals less reliable. Backtesting and forward-testing remain essential steps to gauge whether the indicator aligns well with a trader’s timeframe, risk tolerance, and instrument of choice.
Section 18: Merging Volatility and Momentum
A critical uniqueness of this indicator lies in how it merges Bollinger Bands (standard deviation-based) with ATR (pure volatility measure). Bollinger Bands provide a relative measure of price extremes, while ATR dynamically reacts to market expansions and contractions. Together, they offer an enhanced perspective on potential market turns, ideally reducing random noise and highlighting moments where price has traveled beyond typical bounds.
Section 19: Purpose of this Merger
The fundamental purpose behind blending standard deviation measures with real-time volatility data is to accommodate different market behaviors. Static standard deviation alone can underreact or overreact in abnormally volatile conditions. ATR alone lacks a baseline reference to normality. By merging them, the indicator aims to provide:
1. A versatile dynamic range for both typical and extreme moves.
2. A filter against frequent whipsaws, especially in choppy environments.
3. A visual framework that novices and experts can interpret rapidly.
Section 20: Summary and Practical Tips
Uptrick: Volatility Reversion Bands offers a powerful tool for traders looking to combine volatility-based signals with momentum-derived reversals. It emphasizes clarity through color-coded bars, defined reversal zones, and optional weak signal markers. While potentially useful across all major timeframes, it demands ongoing risk management, realistic expectations, and careful study of how signals behave under different market conditions. No indicator serves as a crystal ball, so integrating this script into an overall strategy—possibly alongside volume data, fundamentals, or momentum oscillators—often yields the best results.
Disclaimer and Educational Use
This script is intended for educational and informational purposes. It does not constitute financial advice, nor does it guarantee trading success. Sudden economic events, low-liquidity times, and unexpected market behaviors can all undermine technical signals. Traders should use proper testing procedures (backtesting and forward-testing) and maintain disciplined risk management measures.
Volume Delta Candles HTF [TradingFinder] LTF Volume Candles 🔵 Introduction
In financial markets, understanding the concepts of supply and demand and their impact on price movements is of paramount importance. Supply and demand, as fundamental pillars of economics, reflect the interaction between buyers and sellers.
When buyers' strength surpasses that of sellers, demand increases, and prices tend to rise. Conversely, when sellers dominate buyers, supply overtakes demand, causing prices to drop. These interactions play a crucial role in determining market trends, price reversal points, and trading decisions.
Volume Delta Candles offer traders a practical way to visualize trading activity within each candlestick. By integrating data from lower timeframes or live market feeds, these candles eliminate the need for standalone volume indicators.
They present the proportions of buying and selling volume as intuitive colored bars, making it easier to interpret market dynamics at a glance. Additionally, they encapsulate critical metrics like peak delta, lowest delta, and net delta, allowing traders to grasp the market's internal order flow with greater precision.
In financial markets, grasping the interplay between supply and demand and its influence on price movements is crucial for successful trading. These fundamental economic forces reflect the ongoing balance between buyers and sellers in the market.
When buyers exert greater strength than sellers, demand dominates, driving prices upward. Conversely, when sellers take control, supply surpasses demand, and prices decline. Understanding these dynamics is essential for identifying market trends, pinpointing reversal points, and making informed trading decisions.
Volume Delta Candles provide an innovative method for evaluating trading activity within individual candlesticks, offering a simplified view without relying on separate volume indicators. By leveraging lower timeframe or real-time data, this tool visualizes the distribution of buying and selling volumes within a candle through color-coded bars.
This visual representation enables traders to quickly assess market sentiment and understand the forces driving price action. Buyer and seller strength is a critical concept that focuses on the ratio of buying to selling volumes. This ratio not only provides insights into the market's current state but also serves as a leading indicator for detecting potential shifts in trends.
Traders often rely on volume analysis to identify significant supply and demand zones, guiding their entry and exit strategies. Delta Candles translate these complex metrics, such as Maximum Delta, Minimum Delta, and Final Delta, into an easy-to-read visual format using Japanese candlestick structures, making them an invaluable resource for analyzing order flows and market momentum.
By merging the principles of supply and demand with comprehensive volume analysis, tools like the indicator introduced here offer unparalleled clarity into market behavior. This indicator calculates the relative strength of supply and demand for each candlestick by analyzing the ratio of buyers to sellers.
🔵 How to Use
The presented indicator is a powerful tool for analyzing supply and demand strength in financial markets. It helps traders identify the strengths and weaknesses of buyers and sellers and utilize this information for better decision-making.
🟣 Analyzing the Highest Volume Trades on Candles
A unique feature of this indicator is the visualization of price levels with the highest trade volume for each candlestick. These levels are marked as black lines on the candles, indicating prices where most trades occurred. This information is invaluable for identifying key supply and demand zones, which often act as support or resistance levels.
🟣 Trend Confirmation
The indicator enables traders to confirm bullish or bearish trends by observing changes in buyer and seller strength. When buyer strength increases and demand surpasses supply, the likelihood of a bullish trend continuation grows. Conversely, decreasing buyer strength and increasing seller strength may signal a potential bearish trend reversal.
🟣 Adjusting Timeframes and Calculation Methods
Users can customize the indicator's candlestick timeframe to align with their trading strategy. Additionally, they can switch between moving average and current candle modes to achieve more precise market analysis.
This indicator, with its accurate and visual data display, is a practical and reliable tool for market analysts and traders. Using it can help traders make better decisions and identify optimal entry and exit points.
🔵 Settings
Lower Time Frame Volume : This setting determines which timeframe the indicator should use to identify the price levels with the highest trade volume. These levels, displayed as black lines on the candlesticks, indicate prices where the most trades occurred.
It is recommended that users align this timeframe with their primary chart’s timeframe.
As a general rule :
If the main chart’s timeframe is low (e.g., 1-minute or 5-minute), it is better to keep this setting at a similarly low timeframe.
As the main chart’s timeframe increases (e.g., daily or weekly), it is advisable to set this parameter to a higher timeframe for more aligned data analysis.
Cumulative Mode :
Current Candle : Strength is calculated only for the current candlestick.
EMA (Exponential Moving Average) : The strength is calculated using an exponential moving average, suitable for identifying longer-term trends.
Calculation Period : The default period for the exponential moving average (EMA) is set to 21. Users can modify this value for more precise analysis based on their specific requirements.
Ultra Data : This option enables users to view more detailed data from various market sources, such as Forex, Crypto, or Stocks. When activated, the indicator aggregates and displays volume data from multiple sources.
🟣 Table Settings
Show Info Table : This option determines whether the information table is displayed on the chart. When enabled, the table appears in a corner of the chart and provides details about the strength of buyers and sellers.
Table Size : Users can adjust the size of the text within the table to improve readability.
Table Position : This setting defines the table’s placement on the chart.
🔵 Conclusion
The indicator introduced in this article is designed as an advanced tool for analyzing supply and demand dynamics in financial markets. By leveraging buyer and seller strength ratios and visually highlighting price levels with the highest trade volume, it aids traders in identifying key market zones.
Key features, such as adjustable analysis timeframes, customizable calculation methods, and precise volume data display, allow users to tailor their analyses to market conditions.
This indicator is invaluable for analyzing support and resistance levels derived from trade volumes, enabling traders to make more accurate decisions about entering or exiting trades.
By utilizing real market data and displaying the highest trade volume lines directly on the chart, it provides a precise perspective on market behavior. These features make it suitable for both novice and professional traders aiming to enhance their analysis and trading strategies.
With this indicator, traders can gain a better understanding of supply and demand dynamics and operate more intelligently in financial markets. By combining volume data with visual analysis, this tool provides a solid foundation for effective decision-making and improved trading performance. Choosing this indicator is a significant step toward refining analysis and achieving success in complex financial markets.
Bitcoin Cycle High/Low with functional Alert [heswaikcrypt]Introduction
Just as machines are fine-tuned for maximum efficiency, trading indicators must evolve to meet the demands of ever-changing markets.
Credit goes to the initial author, @NoCreditsLeft I only improved the existing Pi-cycle indicator with a functional alert and included a bull mode indicator in the script. The alert can help you get a live alert at candle close when the cycle tops, bottoms, and the potential bull phase switch occurs.
Philip Swift’s Pi Cycle Top Indicator is a brilliant example of leveraging mathematical relationships to signal critical turning points in Bitcoin’s price cycles. Historically, it has identified market and local tops with some relative accuracy, often within three days, as demonstrated in all the previous bull run cycles.
At its core, the Pi Cycle Indicator derives its name from the mathematical constant π (pi), achieved by using simple moving averages (MAs) in a specific ratio: 𝜋 = Long MA/short MA
The Bull mode switch is calculated using a crossover of the short exponentia moving average and the long moving average.
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Knowing when Bitcoin reaches its top—and receiving timely alerts about it—is crucial for successful trading. The indicator is designed to signal;
Potential Bitcoin tops: Purple label
Potential Bitcoin bottoms : green Label, and
Parabolic swing : Yellow diamond shape (relating to the market switching to a potential bull mode)
"Please note: This indicator is tailored for Bitcoin using historical data analysis and should not be considered definitive. However accurate it might be."
Setting alerts
To set the alert conditions, select any alert function call to get alert whenever the conditions are met. The script is configured on dialy TF; you can set it on 1D or weekly TF.
Enjoy and Trade smartly
Immediate Rebalance ICT [TradingFinder] No Imbalances - MTF Gaps🔵 Introduction
The concept of "Immediate Rebalance" in technical analysis is a powerful and advanced strategy within the ICT (Inner Circle Trader) framework, widely used to identify key market levels.
Unlike the "Fair Value Gap," which leaves a price gap requiring a retracement for a fill, an Immediate Rebalance fills the gap immediately, representing an instant balance that strengthens the prevailing market trend. This structure allows traders to quickly spot critical price zones, capitalizing on strong trend continuations without the need for price retracement.
The "Immediate Rebalance ICT" indicator leverages this concept, providing traders with automated identification of critical supply and demand zones, order blocks, liquidity voids, and key buy-side and sell-side liquidity levels.
Through features like crucial liquidity points and immediate rebalancing areas, this tool enables traders to perform precise real-time market analysis and seize profitable opportunities.
🔵 How to Use
The Immediate Rebalance indicator assists traders in identifying reliable trading signals by detecting and analyzing Immediate Rebalance zones. By focusing on supply and demand areas, the indicator pinpoints optimal entry and exit positions.
Here’s how to use the indicator in both bearish (Supply Immediate Rebalance) and bullish (Demand Immediate Rebalance) structures :
🟣 Bullish Structure (Demand Immediate Rebalance)
In a bullish scenario, the indicator detects a Demand Immediate Rebalance formed by two consecutive bullish candles with overlapping wicks. This structure signifies an immediate demand zone, where price instantly balances within the zone, reducing the likelihood of a revisit and indicating potential upside momentum.
Zone Identification : Look for two consecutive bullish candles with overlapping wicks, forming a demand zone. This structure, due to its rapid balance, usually does not require a revisit and supports further upward movement.
Entry and Exit Levels : If price revisits this zone, percentage markers, particularly 50% and 75%, act as supportive levels, creating ideal entry points for long positions.
Example : In the second image, an example of a Demand Immediate Rebalance is shown, where overlapping bullish candle shadows indicate immediate balance, supporting the continuation of the bullish trend.
🟣 Bearish Structure (Supply Immediate Rebalance)
In a bearish setup, the indicator identifies a Supply Immediate Rebalance when two consecutive bearish candles with overlapping wicks appear. This formation signals an immediate supply zone, suggesting a high probability of trend continuation to the downside, with minimal expectation for price to retrace back to this area.
Zone Identificatio n: Look for two consecutive bearish candles with overlapping shadows. This structure forms a supply area where price is expected to continue its downtrend without revisiting the zone.
Entry and Exit Level s: Should price revisit this zone, percentage-based levels (e.g., 50% and 75%) serve as potential resistance points, optimizing entry for short positions, especially if the downtrend is expected to persist.
Example : The attached chart illustrates a Supply Immediate Rebalance, where overlapping candle shadows define this area, reassuring traders of a continued downward trend with a low likelihood of price returning to this zone.
🔵 Settings
ImmR Filter : This filter allows users to adjust the detection of Immediate Rebalance zones in four modes, from "Very Aggressive" to "Very Defensive," based on zone width. The chosen mode controls the sensitivity of Immediate Rebalance detection, allowing users to fine-tune the indicator to their trading style.
Multi Time Frame : Enabling this option allows users to set the indicator to a specific timeframe (1 minute, 5 minutes, 15 minutes, 30 minutes, 1 hour, 4 hours, daily, weekly, or monthly), broadening the perspective for identifying Immediate Rebalance zones across multiple timeframes.
🔵 Conclusion
The Immediate Rebalance indicator, based on rapid balancing zones within supply and demand areas, serves as a powerful tool for market analysis and improving trade decision-making.
By accurately identifying zones where price achieves instant balance without gaps, the indicator highlights areas likely to support strong trend continuations, exempt from common retracements.
The indicator’s use of percentage levels enables traders to pinpoint optimal entry and exit points more effectively, with levels like 50% and 75% acting as support within demand zones and resistance within supply zones. This empowers traders to ride strong trends without the worry of abrupt reversals.
Overall, the Immediate Rebalance is a reliable tool for both professional and beginner traders seeking precise methods to recognize supply and demand zones, capitalizing on consistent trends.
By choosing appropriate settings and focusing on the zones highlighted by this indicator, traders can enter trades with greater confidence and improve their risk management.
Price Action Analyst [OmegaTools]Price Action Analyst (PAA) is an advanced trading tool designed to assist traders in identifying key price action structures such as order blocks, market structure shifts, liquidity grabs, and imbalances. With its fully customizable settings, the script offers both novice and experienced traders insights into potential market movements by visually highlighting premium/discount zones, breakout signals, and significant price levels.
This script utilizes complex logic to determine significant price action patterns and provides dynamic tools to spot strong market trends, liquidity pools, and imbalances across different timeframes. It also integrates an internal backtesting function to evaluate win rates based on price interactions with supply and demand zones.
The script combines multiple analysis techniques, including market structure shifts, order block detection, fair value gaps (FVG), and ICT bias detection, to provide a comprehensive and holistic market view.
Key Features:
Order Block Detection: Automatically detects order blocks based on price action and strength analysis, highlighting potential support/resistance zones.
Market Structure Analysis: Tracks internal and external market structure changes with gradient color-coded visuals.
Liquidity Grabs & Breakouts: Detects potential liquidity grab and breakout areas with volume confirmation.
Fair Value Gaps (FVG): Identifies bullish and bearish FVGs based on historical price action and threshold calculations.
ICT Bias: Integrates ICT bias analysis, dynamically adjusting based on higher-timeframe analysis.
Supply and Demand Zones: Highlights supply and demand zones using customizable colors and thresholds, adjusting dynamically based on market conditions.
Trend Lines: Automatically draws trend lines based on significant price pivots, extending them dynamically over time.
Backtesting: Internal backtesting engine to calculate the win rate of signals generated within supply and demand zones.
Percentile-Based Pricing: Plots key percentile price levels to visualize premium, fair, and discount pricing zones.
High Customizability: Offers extensive user input options for adjusting zone detection, color schemes, and structure analysis.
User Guide:
Order Blocks: Order blocks are significant support or resistance zones where strong buyers or sellers previously entered the market. These zones are detected based on pivot points and engulfing price action. The strength of each block is determined by momentum, volume, and liquidity confirmations.
Demand Zones: Displayed in shades of blue based on their strength. The darker the color, the stronger the zone.
Supply Zones: Displayed in shades of red based on their strength. These zones highlight potential resistance areas.
The zones will dynamically extend as long as they remain valid. Users can set a maximum number of order blocks to be displayed.
Market Structure: Market structure is classified into internal and external shifts. A bullish or bearish market structure break (MSB) occurs when the price moves past a previous high or low. This script tracks these breaks and plots them using a gradient color scheme:
Internal Structure: Short-term market structure, highlighting smaller movements.
External Structure: Long-term market shifts, typically more significant.
Users can choose how they want the structure to be visualized through the "Market Structure" setting, choosing from different visual methods.
Liquidity Grabs: The script identifies liquidity grabs (false breakouts designed to trap traders) by monitoring price action around highs and lows of previous bars. These are represented by diamond shapes:
Liquidity Buy: Displayed below bars when a liquidity grab occurs near a low.
Liquidity Sell: Displayed above bars when a liquidity grab occurs near a high.
Breakouts: Breakouts are detected based on strong price momentum beyond key levels:
Breakout Buy: Triggered when the price closes above the highest point of the past 20 bars with confirmation from volume and range expansion.
Breakout Sell: Triggered when the price closes below the lowest point of the past 20 bars, again with volume and range confirmation.
Fair Value Gaps (FVG): Fair value gaps (FVGs) are periods where the price moves too quickly, leaving an unbalanced market condition. The script identifies these gaps:
Bullish FVG: When there is a gap between the low of two previous bars and the high of a recent bar.
Bearish FVG: When a gap occurs between the high of two previous bars and the low of the recent bar.
FVGs are color-coded and can be filtered by their size to focus on more significant gaps.
ICT Bias: The script integrates the ICT methodology by offering an auto-calculated higher-timeframe bias:
Long Bias: Suggests the market is in an uptrend based on higher timeframe analysis.
Short Bias: Indicates a downtrend.
Neutral Bias: Suggests no clear directional bias.
Trend Lines: Automatic trend lines are drawn based on significant pivot highs and lows. These lines will dynamically adjust based on price movement. Users can control the number of trend lines displayed and extend them over time to track developing trends.
Percentile Pricing: The script also plots the 25th percentile (discount zone), 75th percentile (premium zone), and a fair value price. This helps identify whether the current price is overbought (premium) or oversold (discount).
Customization:
Zone Strength Filter: Users can set a minimum strength threshold for order blocks to be displayed.
Color Customization: Users can choose colors for demand and supply zones, market structure, breakouts, and FVGs.
Dynamic Zone Management: The script allows zones to be deleted after a certain number of bars or dynamically adjusts zones based on recent price action.
Max Zone Count: Limits the number of supply and demand zones shown on the chart to maintain clarity.
Backtesting & Win Rate: The script includes a backtesting engine to calculate the percentage of respect on the interaction between price and demand/supply zones. Results are displayed in a table at the bottom of the chart, showing the percentage rating for both long and short zones. Please note that this is not a win rate of a simulated strategy, it simply is a measure to understand if the current assets tends to respect more supply or demand zones.
How to Use:
Load the script onto your chart. The default settings are optimized for identifying key price action zones and structure on intraday charts of liquid assets.
Customize the settings according to your strategy. For example, adjust the "Max Orderblocks" and "Strength Filter" to focus on more significant price action areas.
Monitor the liquidity grabs, breakouts, and FVGs for potential trade opportunities.
Use the bias and market structure analysis to align your trades with the prevailing market trend.
Refer to the backtesting win rates to evaluate the effectiveness of the zones in your trading.
Terms & Conditions:
By using this script, you agree to the following terms:
Educational Purposes Only: This script is provided for informational and educational purposes and does not constitute financial advice. Use at your own risk.
No Warranty: The script is provided "as-is" without any guarantees or warranties regarding its accuracy or completeness. The creator is not responsible for any losses incurred from the use of this tool.
Open-Source License: This script is open-source and may be modified or redistributed in accordance with the TradingView open-source license. Proper credit to the original creator, OmegaTools, must be maintained in any derivative works.
