Quasimodo Pattern Strategy Back Test [TradingFinder] QM Trading🔵 Introduction
The QM pattern, also known as the Quasimodo pattern, is one of the popular patterns in price action, and it is often used by technical analysts. The QM pattern is used to identify trend reversals and provides a very good risk-to-reward ratio. One of the advantages of the QM pattern is its high frequency and visibility in charts.
Additionally, due to its strength, it is highly profitable, and as mentioned, its risk-to-reward ratio is very good. The QM pattern is highly popular among traders in supply and demand, and traders also use this pattern.
The Price Action QM pattern, like other Price Action patterns, has two types: Bullish QM and Bearish QM patterns. To identify this pattern, you need to be familiar with its types to recognize it.
🔵 Identifying the QM Pattern
🟣 Bullish QM
In the bullish QM pattern, as you can see in the image below, an LL and HH are formed. As you can see, the neckline is marked as a dashed line. When the price reaches this range, it will start its upward movement.
🟣 Bearish QM
The Price Action QM pattern also has a bearish pattern. As you can see in the image below, initially, an HH and LL are formed. The neckline in this image is the dashed line, and when the LL is formed, the price reaches this neckline. However, it cannot pass it, and the downward trend resumes.
🔵 How to Use
The Quasimodo pattern is one of the clearest structures used to identify market reversals. It is built around the concept of a structural break followed by a pullback into an area of trapped liquidity. Instead of relying on lagging indicators, this pattern focuses purely on price action and how the market reacts after exhausting one side of liquidity. When understood correctly, it provides traders with precise entry points at the transition between trend phases.
🟣 Bullish Quasimodo
A bullish Quasimodo forms after a clear downtrend when sellers start losing control. The market continues to make lower lows until a sudden higher high appears, signaling that buyers are entering with strength. Price then pulls back to retest the previous low, creating what is known as the Quasimodo low.
This area often becomes the final trap for sellers before the market shifts upward. A visible rejection or displacement from this zone confirms bullish momentum. Traders usually place entries near this level, stops below the low, and targets at previous highs or the next resistance zone. Combining the setup with demand zones or Fair Value Gaps increases its accuracy.
🟣 Bearish Quasimodo
A bearish Quasimodo forms near the top of an uptrend when buyers begin to lose strength. The market continues to make higher highs until a sudden lower low breaks the bullish structure, showing that selling pressure is entering the market. Price then retraces upward to retest the previous high, forming the Quasimodo high, where breakout buyers are often trapped.
Once rejection appears at this level, it indicates a likely reversal. Traders can enter short near this area, with stop-losses placed above the high and targets near the next support or previous lows. The setup gains more reliability when aligned with supply zones, SMT divergence, or bearish Fair Value Gaps.
🔵 Setting
Pivot Period : You can use this parameter to use your desired period to identify the QM pattern. By default, this parameter is set to the number 5.
Take Profit Mode : You can choose your desired Take Profit in three ways. Based on the logic of the QM strategy, you can select two Take Profit levels, TP1 and TP2. You can also choose your take profit based on the Reward to Risk ratio. You must enter your desired R/R in the Reward to Risk Ratio parameter.
Stop Loss Refine : The loss limit of the QM strategy is based on its logic on the Head pattern. You can refine it using the ATR Refine option to prevent Stop Hunt. You can enter your desired coefficient in the Stop Loss ATR Adjustment Coefficient parameter.
Reward to Risk Ratio : If you set Take Profit Mode to R/R, you must enter your desired R/R here. For example, if your loss limit is 10 pips and you set R/R to 2, your take profit will be reached when the price is 20 pips away from your entry point.
Stop Loss ATR Adjustment Coefficient : If you set Stop Loss Refine to ATR Refine, you must adjust your loss limit coefficient here. For example, if your buy position's loss limit is at the price of 1000, and your ATR is 10, if you set Stop Loss ATR Adjustment Coefficient to 2, your loss limit will be at the price of 980.
Entry Level Validity : Determines how long the Entry level remains valid. The higher the level, the longer the entry level will remain valid. By default it is 2 and it can be set between 2 and 15.
🔵 Results
The following examples show the backtest results of the Quasimodo (QM) strategy in action. Each image is based on specific settings for the symbol, timeframe, and input parameters, illustrating how the QM logic can generate signals under different market conditions. The detailed configuration for each backtest is also displayed on the image.
⚠ Important Note : Even with identical settings and the same symbol, results may vary slightly across different brokers due to data feed variations and pricing differences.
Default Properties of Backtests :
OANDA:XAUUSD | TimeFrame: 5min | Duration: 1 Year :
BINANCE:BTCUSD | TimeFrame: 5min | Duration: 1 Year :
CAPITALCOM:US30 | TimeFrame: 5min | Duration: 1 Year :
NASDAQ:QQQ | TimeFrame: 5min | Duration: 5 Year :
OANDA:EURUSD | TimeFrame: 5min | Duration: 5 Year :
PEPPERSTONE:US500 | TimeFrame: 5min | Duration: 5 Year :
Поиск скриптов по запросу "ha溢价率"
Aroon RSI Logic — Customizable + No-Trade RSI ZoneThis indicator — **“Aroon RSI Logic — Customizable + No-Trade RSI Zone”** — is designed to help traders identify high-probability turning points in the market by combining **trend momentum (Aroon)** with **relative strength dynamics (RSI)**, while also protecting against emotional or impulsive trading through structured filters and psychological safeguards.
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### 🧠 **Concept Overview**
At its core, the system balances **trend confirmation** with **momentum moderation**. It seeks to enter trades only when technical alignment suggests both exhaustion of a recent move and early signs of a potential reversal — while filtering out market noise and emotionally driven trades in neutral or extreme conditions.
This design encourages **discipline**, **patience**, and **objectivity**, three of the most critical psychological traits of successful traders.
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### 📊 **Core Components**
#### 1. **Aroon Structure Awareness**
The Aroon indicator measures how recently price has reached a new high or low within a specific period, reflecting trend strength and potential exhaustion.
* When **Aroon Down** approaches the predefined target level, it suggests the market has not made new lows for several bars — an early indication that bearish momentum may be fading.
* Conversely, when **Aroon Up** nears the target, bullish strength may be waning.
This mechanism trains the trader’s mind to **look for transitions** — moments when dominant sentiment begins to lose control.
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#### 2. **RSI Momentum Confirmation**
The RSI (Relative Strength Index) and its smoothed version act as dual filters to confirm emotional extremes and trend shifts in momentum.
* When RSI significantly diverges from its smoothed version, it often reflects **emotional spikes** or **unsustainable acceleration**.
* The system only allows trades when the RSI difference remains within a defined limit, fostering entries during **balanced, rational phases** of the market rather than moments of panic or euphoria.
This approach supports **emotional discipline**, discouraging entries when crowd psychology dominates decision-making.
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#### 3. **No-Trade RSI Zone**
A critical safeguard is the **“No-Trade Zone”**, defined by specific RSI thresholds.
When RSI is too low (oversold) or too high (overbought), traders are often tempted to act impulsively — either out of fear or greed.
By preventing entries during these phases, the indicator helps traders **avoid psychological traps** such as:
* Chasing reversals prematurely.
* Getting caught in continuation moves driven by crowd emotion.
It reinforces a mindset of **restraint** and **selective participation**.
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#### 4. **Time-Based Discipline Filter**
The session filters allow trading only within designated market hours (for example, morning and afternoon sessions).
This enforces **structured activity**, reducing exposure to low-volume, erratic periods when decision fatigue or overtrading tendencies often arise.
It mirrors the behavior of professional traders who work within time-framed playbooks rather than emotional impulses.
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### 🟢 **Buy Logic**
Buy opportunities arise when:
* Downward momentum (Aroon Down) weakens near the target level,
* RSI behavior supports balanced momentum or mild recovery, and
* Emotional extremes are absent.
This combination reflects a **calm, data-driven reversal environment**, ideal for contrarian but controlled entries.
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### 🔴 **Sell Logic**
Sell signals appear when:
* Upward momentum (Aroon Up) softens around the target,
* RSI confirms slowing bullish pressure, and
* Market sentiment shows fatigue without panic.
It aligns with a **psychologically sound exit or shorting scenario**, avoiding reactionary decisions.
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### 🧩 **Psychological Philosophy**
This tool isn’t just a signal generator — it’s a **trader’s behavioral framework**.
By combining structured logic, volatility filters, and emotional control zones, it helps cultivate:
* **Patience** to wait for qualified setups.
* **Confidence** to act when all conditions align.
* **Detachment** from impulsive market movements.
It transforms trading from a reactive habit into a **strategic execution process** rooted in logic and emotional balance.
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oppliger trendfollow📈 Strategy Overview: SMA25 vs SMA200 – Gap Momentum Trend Strategy
This strategy is a trend-following system designed to capture strong, accelerating uptrends while exiting early when momentum begins to fade.
It uses the relationship between two moving averages — the 25-period SMA and the 200-period SMA — and monitors the gap (distance) between them as a measure of trend strength.
🟢 Entry Conditions (Go Long)
A long position is opened only when all of the following conditions are true:
Uptrend confirmation:
The 25-period SMA is above the 200-period SMA
→ confirms a clear upward trend.
Price momentum:
The closing price is above the SMA25 line,
→ showing that the market currently trades with bullish momentum.
Trend acceleration:
The gap between SMA25 and SMA200 has been increasing for the last 5 consecutive bars.
→ mathematically:
gap_t > gap_(t-1) > gap_(t-2) > gap_(t-3) > gap_(t-4)
→ indicates that the short-term trend is pulling away from the long-term trend and accelerating upward.
✅ When all three conditions are met, the strategy enters a long trade at the close of the current candle.
🔴 Exit Conditions (Close Long)
The position is closed when the uptrend starts to lose strength:
Trend deceleration:
The gap between SMA25 and SMA200 has been shrinking for 3 consecutive bars.
→ mathematically:
gap_t < gap_(t-1) < gap_(t-2)
→ signals that the short-term moving average is converging toward the long-term average, showing weakening momentum.
🚪 When this condition is met, the strategy closes the position at market price.
⚙️ Summary of Logic
Phase Condition Meaning
Entry SMA25 > SMA200 Long-term trend is up
Entry Close > SMA25 Short-term momentum is bullish
Entry Gap rising 5 bars Trend is accelerating
Exit Gap falling 3 bars Trend is weakening
💡 Interpretation
This strategy aims to:
Enter only when a strong, accelerating uptrend is confirmed.
Stay in the trade as long as momentum remains intact.
Exit early when the market starts losing strength, before the trend fully reverses.
It works best in trending markets and helps avoid false entries during sideways or weak phases.
Trend Engine [MMT]The Trend Engine is a versatile Pine Script indicator designed to identify trend direction, potential reversals, and key price levels using a combination of Exponential Moving Averages (EMAs), and Anchored Volume-Weighted Average Price (VWAP). This indicator provides traders with a clear visual representation of market bias, momentum, and key support/resistance levels, making it suitable for both trend-following and pullback trading strategies.
Key Features:
1. EMA Cloud System:
- Displays three customizable EMAs (Fast, Pullback, and Slow) with configurable lengths and visibility.
- Creates two cloud fills:
- Fast Cloud : Between the Fast EMA (default: 8) and Pullback EMA (default: 13).
- Slow Cloud : Between the Pullback EMA and Slow EMA (default: 21).
- Clouds are color-coded (green for bullish, red for bearish) based on EMA alignment, with adjustable transparency for clarity.
2. Bias EMA:
- A longer-term EMA (default: 35) indicates the overall market bias.
- Changes color based on whether the regular candle close is above (green) or below (red) the Bias EMA, providing a clear trend direction signal.
3. Heikin Ashi Signals:
- Utilizes Heikin Ashi candles to detect strong bullish or bearish momentum.
- Generates buy/sell signals when a Heikin Ashi candle confirms a trend (bullish HA candle closing above Bias EMA for buy, bearish HA candle closing below for sell).
- Signal arrows are currently disabled but can be enabled via settings for visual confirmation.
4. Anchored VWAP and Standard VWAP:
- Plots both a standard VWAP and an Anchored VWAP (anchored to the US RTH session, 09:30–16:00 EST).
- Customizable line styles (solid, cross, or circles) and colors for both VWAPs, aiding in identifying dynamic support/resistance levels.
5. Background and Candle Coloring:
- Optional background coloring reflects the market bias (green for bullish, red for bearish) based on the regular close relative to the Bias EMA.
- Optional Heikin Ashi candle coloring to visually distinguish bullish and bearish market conditions.
6. Regular Candle Close:
- Option to plot the regular (non-Heikin Ashi) close price with customizable styles (line, circles, or cross) for reference.
7. Alerts:
- Built-in alert conditions for bullish and bearish signals, allowing traders to receive notifications when a Heikin Ashi candle confirms a trend relative to the Bias EMA.
How to Use:
- Trend Identification : Use the Bias EMA and background color to determine the overall market direction.
- Pullback Trading : Monitor the EMA clouds for alignment (bullish or bearish) and use the Pullback EMA for entries during retracements.
- Support/Resistance : Leverage the VWAP and Anchored VWAP as dynamic levels for trade entries or exits.
- Signal Confirmation : Enable signal arrows (when fixed) to spot high-probability trend continuation or reversal setups.
- Customization : Adjust EMA lengths, colors, transparency, and visibility to suit your trading style and timeframe.
Settings:
- EMA Cloud : Customize lengths (default: 8, 13, 21), visibility, and cloud colors/transparency.
- Bias EMA : Adjust length (default: 35) and colors for above/below states.
- VWAP : Toggle standard and Anchored VWAP, with customizable styles and colors.
- Background/Candles : Enable/disable background and candle coloring for visual clarity.
- Regular Close : Show/hide the regular close price with style options.
Notes:
- Designed for use on any timeframe, but most effective on intraday (e.g., 5m, 15m) or daily charts.
- Best used in conjunction with other technical analysis tools for confirmation.
- Anchored VWAP is tailored for US markets (RTH session) but can be adjusted for other sessions by modifying the anchor time in the code.
Ideal For:
- Day traders and swing traders looking for trend direction and pullback opportunities.
- Traders using VWAP-based strategies for intraday support/resistance.
- Those seeking a clean, customizable visual aid for market bias and momentum.
This indicator is a powerful tool for traders aiming to capture trends and manage risk effectively, with extensive customization to adapt to various markets and trading styles.
TMA Dual BandsTMA Dual Bands - Adaptive Channel Indicator with Crossover Signals
TMA Dual Bands represents my interpretation of the classic Triangular Moving Average methodology, specifically designed to identify high-probability trading setups through the interaction of two adaptive channel systems. Unlike traditional channel indicators that rely on static calculations, this tool dynamically adjusts to market volatility while maintaining the smooth, reliable characteristics that make TMA-based systems so effective.
The indicator combines a MAIN channel (slow-moving, representing the broader trend) with a FAST channel (responsive, capturing momentum shifts). When these two systems interact in specific ways, they generate clear trading signals that can be used across multiple timeframes and market conditions.
The Mathematics Behind the Indicator
At its core, this indicator uses a sophisticated approach to calculating Triangular Moving Averages. Rather than using the traditional double Simple Moving Average method, I've implemented a double Weighted Moving Average calculation. This means the TMA is computed by taking a WMA of another WMA, which provides better responsiveness to recent price action while maintaining the smooth, triangular weighting distribution that gives this indicator its name.
The weighted approach significantly reduces lag compared to double-smoothed simple moving averages, allowing the indicator to catch trend changes earlier without sacrificing reliability. This is particularly important for the FAST channel, where responsiveness is crucial for signal generation.
Adaptive Volatility Bands
What makes this indicator truly unique is its adaptive band calculation system. Instead of using a single standard deviation like traditional Bollinger Bands, the indicator maintains separate variance calculations for upward and downward price movements. When price rises above the TMA centerline, the upper band variance increases while the lower band variance decreases proportionally. The opposite occurs when price falls below the centerline.
This asymmetric approach allows the bands to better reflect actual market conditions. During uptrends, the upper band expands to accommodate bullish volatility while the lower band contracts, creating a channel that naturally "leans" in the direction of the trend. The same principle applies in reverse during downtrends.
The full calculation uses a smoothed variance over approximately four times the base period, ensuring that band adjustments are gradual rather than erratic. The multiplier parameter allows you to adjust the sensitivity of the bands to volatility, with higher values creating wider channels that generate fewer but higher-quality signals.
Understanding the Signals
The signal generation mechanism is elegantly simple yet remarkably effective. A bullish signal occurs when the lower FAST band crosses above the lower MAIN band. This crossover indicates that short-term momentum has shifted decisively upward, strong enough to break through the slower-moving baseline channel. These signals typically appear after consolidation periods or healthy pullbacks in uptrends, making them excellent continuation entry points.
Conversely, bearish signals trigger when the upper FAST band crosses below the upper MAIN band. This pattern suggests that upward momentum has exhausted itself and that sellers are beginning to dominate. These signals often appear near resistance levels or at the culmination of extended rallies, providing excellent risk-reward opportunities for counter-trend or trend-reversal trades.
The visual representation enhances signal clarity. The MAIN TMA centerline changes color dynamically based on its slope, displaying green during upward movement and red during downward movement. This gives you instant visual confirmation of the prevailing trend direction. The signal markers themselves appear as diamond shapes positioned just outside the MAIN channel bands, with cyan diamonds indicating buy opportunities below the lower band and blue diamonds marking sell opportunities above the upper band. You could consider taking bull signals only on long trend, and vice versa for the sell signals.
Practical Application
The indicator works across multiple trading approaches and timeframes. For trend-following strategies, the most reliable signals occur when they align with the MAIN TMA color. Taking only green-colored uptrend signals and red-colored downtrend signals significantly improves win rates by ensuring you're always trading with the dominant momentum.
For breakout traders, the most powerful setups occur after periods of compression when the FAST bands squeeze inside the MAIN bands. This compression indicates low volatility and tight consolidation. When a signal finally triggers after such compression, it often leads to explosive moves as the market breaks out of its range.
Mean reversion traders can also benefit from this indicator by taking counter-trend signals when price reaches extreme band levels. However, this approach requires careful risk management and works best in clearly ranging market conditions.
Configuration and Customization
The default parameters have been carefully selected through extensive testing, with the MAIN period set to 133 bars and the FAST period at 19 bars. These values create an effective balance between trend identification and momentum responsiveness. However, the indicator is fully customizable to suit different trading styles and market conditions.
Traders focusing on longer-term positions might increase both periods proportionally, while scalpers and day traders might reduce them. The price type parameter allows you to choose how price is calculated for the TMA, with the weighted option providing the most responsive results. The band multiplier controls how wide the channels expand, with values between 2.5 and 4.0 being most common depending on your preferred signal frequency.
Technical Integrity
A critical feature of this indicator is its complete absence of repainting. All signals are generated and confirmed on closed bars, meaning that once a signal appears in historical data, it will remain exactly where it appeared regardless of subsequent price action. This makes the indicator equally reliable for backtesting historical data and trading live markets, a characteristic that many "magic indicator" systems cannot claim.
The calculation methodology ensures that what you see on your chart is exactly what you would have seen in real-time when that bar closed. There are no retrospective adjustments, no future-peeking calculations, and no algorithmic tricks that make historical performance look better than actual trading results would have been.
Conclusion
TMA Dual Bands offers a sophisticated yet user-friendly approach to technical analysis, combining time-tested TMA methodology with modern adaptive volatility concepts. The dual-channel system provides clear visual representation of market structure while the crossover signals offer objective entry points that remove much of the guesswork from trading decisions.
Whether you're a discretionary trader looking for high-probability setups or a systematic trader seeking reliable signals for automated strategies, this indicator provides the clarity and consistency needed for confident decision-making in dynamic market conditions.
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**Developed by AlgoAlex81**
*Disclaimer: This indicator is provided for educational and informational purposes only. Past performance does not guarantee future results. Always practice proper risk management and never risk more than you can afford to lose.*
3 Candle FVG with 5m S/R3 candle breakout indicator.
Shows EMA 50.
Shows Support and Resistance from the 5m chart on every timeframe.
Indicates every engulfing candle.
Indicates entry at 3 consecutive candles in the same direction where the middle candle has an FVG and it crosses the EMA.
Indicates entry at 3 consecutive candles in the same direction where the middle candle has an FVG and it does not cross the EMA.
SMA25 vs SMA150 – Reentry nur bei Gap-Expansion version 1📈 Strategy: SMA25 vs. SMA150 – Reentry with Gap Expansion
This trend-following strategy trades long positions only during strong uptrends.
It combines mid-term trend confirmation (SMA150) with short-term momentum (SMA25), and includes strict entry, reentry, and exit conditions to capture sustained bullish phases while cutting weak setups early.
🟢 Entry Rules
A long position is opened only if all of the following conditions are met:
Trend filter: The closing price is above SMA150 → confirms an uptrend.
Bullish candle: Current candle closes higher than it opens.
SMA range: SMA25 is 8% to 60% above SMA150.
Momentum slope: SMA25 has increased more strongly than SMA150 over the last 5 candles and is rising.
Trend confirmation: SMA25 has remained above SMA150 for at least 5 candles.
Price distance: The close is at least 0.5% above SMA25.
Stability: The previous two candles also closed above SMA25.
Short-term breakout: Current close is higher than the last 3 closes.
Reentry condition: Allowed only after 20 candles since the last exit and only if a gap expansion occurs above the previous high.
🔴 Exit Rules
A trade is closed as soon as any of the following conditions is triggered:
Dynamic trailing exit:
Close falls 3% below the highest SMA25 value since entry.
Hard stop-loss:
The low of the candle falls 5% or more below the entry price (intrabar trigger).
Early weakness filter:
If any of the first 3 candles after entry closes below the entry price, the trade is exited immediately.
⚙️ Additional Details
Long trades only (no shorts)
No pyramiding – only one position open at a time
Chart background color:
Green = position open
Red = no position
This system targets clean, established uptrends, avoids premature entries, and exits quickly when momentum fades.
It’s designed for swing and position traders who prefer systematic, trend-based setups with tight risk control and clear structure.
Dashboard — Vol & PriceDashboard for traders
Indicator Description
1. Prev Day High
What it shows: the previous trading day's high.
Why it shows: a resistance level. Many traders watch to see if the price will hold above or below this level. A breakout can signal buying strength.
2. Prev Day Low
What it shows: the previous day's low.
Why it shows: a support level. If the price breaks downwards, it signals weakness and a possible continuation of the decline.
3. Today
What it shows:
The difference between the current price and yesterday's close (in absolute values and as a percentage).
Color: green for an increase, red for a decrease.
Why it shows: immediately shows how strong a gap or movement is today relative to yesterday. This is an indicator of current momentum.
4. ADR, % (Average Daily Range)
What it shows: Average daily range (High – Low), expressed as a percentage of the closing price, for the selected period (default 7 days).
Why it's useful: To understand the "normal" volatility of an instrument. For example, if the ADR is 3%, then a 1% move is small, while a 6% move is very large.
5. ATR (Average True Range)
What it shows: Average fluctuation range (including gaps), in absolute points, for the specified period (default 7 days).
Why it's useful: A classic volatility indicator. Useful for setting stops, calculating position sizes, and identifying "noise" movements.
6. ATR (Today), %
What it shows: How much the current movement today (from yesterday's close to the current price) represents in % of the average ATR.
Why it shows: Shows whether the instrument has "played out" its average range. If the value is already >100%, there is a high probability that the movement will begin to slow.
7. Vol (Today)
What it shows:
Current trading volume for the day (in millions/billions).
Comparison with yesterday as a percentage (for example: 77.32M (-52.78%)).
Color: green if the volume is higher than yesterday; red if lower.
Why it shows:Quickly shows whether the market is active today. Volume = fuel for price movement.
8. Avg Vol (20d)
What it shows: Average daily volume over the last 20 trading days.
Why it's useful:"normal" activity level. It's a convenient backdrop for assessing today's turnover.
9. Rel. Vol (Today), % (Relative Volume)
What it shows: Deviation of the current volume from the average (20 days).
Formula: `(today / average - 1)` * 100`.
+30% = volume 30% above average, -40% = 40% below average.
Color: green for +, red for –.
Why it's useful:A key indicator for a trader. If RelVol > 100% (green), the market is "charged," and the movement is more significant. If low, activity is weak and movements are less reliable.
10. Normalized RS (Relative Strength)
What it shows: the relative strength of a stock to a selected benchmark (e.g., SPY), normalized by the period (default 7 days).
100 = same result as the market.
> 100 = the stock is stronger than the index.
<100 = weaker than the index.
Why it's needed: filtering ideas. Strong stocks rise faster when the market rises, weak stocks fall more sharply. This helps trade in the direction of the trend and select the best candidates.
In summary:
Prev High / Low — key support and resistance levels.
Today — an instant understanding of the current momentum.
ADR and ATR — volatility and potential movement.
ATR (Today) — how much the instrument has already "run."
Vol + Rel.Vol — activity and confirmation of the movement's strength.
RS — selecting strong/weak leaders against the market.
High and low statisticsHigh/Low Pattern Analyzer (All Timeframes)
Ever wonder if there's a hidden pattern in the market?
Does the high of the week usually happen on a Tuesday?
Does the low of the month always form in the first week?
Which 15-minute candle really sets the high for the entire day?
This indicator is a powerful statistical tool designed to answer these questions by analyzing historical price action to find patterns in when the high and low of a period are formed.
The Core Idea: Daily High & Low of the Week
The simplest and most popular feature of this indicator is the "Daily high and low of the week" analysis.
What it does:
It looks back over your chosen number of weeks (e.g., the last 100) and finds out which day of the week (Monday, Tuesday, Wednesday, etc.) made the final high and which day made the final low for each of those weeks.
How to use it:
Go to the script settings.
Enable the "Daily High/Low of the Week" module.
Set your chart to the 1D (Daily) timeframe.
A table will appear on your chart (bottom-right by default) showing the exact count and percentage for each day. This lets you see at a glance if there's a strong tendency for the market you're watching.
Advanced Analysis: Other Timeframes
This script goes far beyond just the daily chart. It includes four other independent analysis modules:
1. 4-Hour High/Low of the Week
What it does: For intraday and swing traders. This module finds which 4-hour candle session (e.g., the 08:00 candle, the 16:00 candle) tends to form the high or low of the entire week.
Key Feature (DST Aware): This table is "season-aware." It knows that the 08:00 "summertime" (DST) candle is the same trading session as the 07:00 "wintertime" (STD) candle. It groups them together so your data is never split or messy.
2. Weekly High/Low of the Month
What it does: For a monthly perspective. This module finds which week of the month (Week 1, 2, 3, 4, or 5) is most likely to form the monthly high or low.
How to use: Enable it and set your chart to the 1W (Weekly) timeframe.
3. Monthly High/Low of the Year
What it does: The ultimate "big picture" view. This module finds which month (Jan, Feb, Mar, etc.) most frequently forms the high or low for the entire year.
How to use: Enable it and set your chart to the 1M (Monthly) timeframe.
The Power User Module: Custom Timeframe Analysis
This is the most powerful feature. It lets you analyze any timeframe combination you want.
What it does: It finds out which "Lower Timeframe" (LTF) candle made the high or low of any "Higher Timeframe" (HTF) you choose.
Example: Do you want to know which 15-minute candle makes the Daily high?
Set your chart to the 15M timeframe.
Go to the "Custom Timeframe Analysis" settings.
Set the "Higher Timeframe" to "1D".
The script will draw a "season-aware" table (just like the 4H module) showing you the exact 15-minute candles (09:15, 09:30, etc.) that are statistically most likely to form the day's high or low.
Other Features
Show Labels: Each module has an option to "Show labels," which will draw a label (e.g., "Daily High of the Week") directly on the chart at the exact bar that made the high or low.
Custom Dividers: Each module has its own optional, color-customizable divider (e.g., weekly, monthly) that you can toggle on to see the periods more clearly.
Clean Settings: All modules are disabled by default (except for "Daily") to keep your chart clean. You only need to enable the specific analysis you want to see.
This tool was built to turn your curiosity about market patterns into actionable, statistical data. Enjoy!
Block-Based Trend Breakout (UTB/DTB) & S/R ZonesThis indicator is designed to detect potential trend reversals or volatility bursts by analyzing price action structured into "blocks." Its primary goal is to capture the earliest signals that a defined trend structure is weakening or breaking.
Signal Generation:
🟢 DTB (Downtrend Breakout): When a confirmed downtrend is identified (e.g., price has been falling for 2 blocks), the indicator waits for the price to break above the highest high of the last completed block in that trend. When this break occurs, it signals a potential bullish reversal with a green DTB triangle below the bar.
🔴 UTB (Uptrend Breakdown): When a confirmed uptrend is identified (e.g., price has been rising for 2 blocks), the indicator waits for the price to break below the lowest low of the last completed block. When this break occurs, it signals a potential bearish reversal with a red UTB triangle above the bar.
🛠️ Key Settings
Block Size (bars): The number of bars in each block used to analyze the trend structure. Lower values track short-term trends; higher values track long-term trends.
Trend Confirmation (steps): The minimum number of consecutive blocks required to "confirm" a trend.
Tolerance: Allowed Off-Trend Steps: The number of "noise" blocks allowed while confirming a trend.
Show Support/Resistance Zones: Toggles the histogram-based S/R zones on or off.
S/R Lookback (blocks): Determines how many blocks to look back for calculating S/R zones.
S/R Zone Width (in ATR): Sets the thickness of the S/R zones, denominated in ATRs.
If you find this useful please reach out and let me know how you use it as it's fairly unique... and thus different than anything I've ever seen or used.
Pinbar MTF - No Repaint# Pinbar MTF - No Repaint Indicator
## Complete Technical Documentation
---
## 📊 Overview
**Pinbar MTF (Multi-Timeframe) - No Repaint** is a professional-grade TradingView Pine Script indicator designed to detect high-probability pinbar reversal patterns with advanced filtering systems. The indicator is specifically engineered to be **100% non-repainting**, making it reliable for both live trading and backtesting.
### Key Features
✅ **Non-Repainting** - Signals only appear AFTER bar closes, never disappear
✅ **Three-Layer Filter System** - ATR, SWING, and RSI filters
✅ **Automatic SL/TP Calculation** - Based on risk:reward ratios
✅ **Real-time Alerts** - TradingView notifications for all signals
✅ **Visual Trade Management** - Lines, labels, and areas for entries, stops, and targets
✅ **Backtesting Ready** - Reliable historical data for strategy testing
---
## 🎯 What is a Pinbar?
A **Pinbar (Pin Bar/Pinocchio Bar)** is a single candlestick pattern that indicates a potential price reversal:
### Bullish Pinbar (BUY Signal)
- **Long lower wick** (rejection of lower prices)
- **Small body at the top** of the candle
- Shows buyers rejected sellers' attempt to push price down
- Forms at support levels or swing lows
- Entry signal for LONG positions
### Bearish Pinbar (SELL Signal)
- **Long upper wick** (rejection of higher prices)
- **Small body at the bottom** of the candle
- Shows sellers rejected buyers' attempt to push price up
- Forms at resistance levels or swing highs
- Entry signal for SHORT positions
---
## 🔧 How the Indicator Works
### 1. **Pinbar Detection Logic**
The indicator analyzes the **previous closed bar ** to identify pinbar patterns:
```
Bullish Pinbar Requirements:
- Lower wick > 72% of total candle range (adjustable)
- Upper wick < 28% of total candle range
- Close > Open (bullish candle body)
Bearish Pinbar Requirements:
- Upper wick > 72% of total candle range (adjustable)
- Lower wick < 28% of total candle range
- Close < Open (bearish candle body)
```
**Why check ?** By analyzing the previous completed bar, we ensure the pattern is fully formed and won't change, preventing repainting.
---
### 2. **Three-Layer Filter System**
#### 🔍 **Filter #1: ATR (Average True Range) Filter**
- **Purpose**: Ensures the pinbar has significant size
- **Function**: Only signals if pinbar range ≥ ATR value
- **Benefit**: Filters out small, insignificant pinbars
- **Settings**:
- Enable/Disable toggle
- ATR Period (default: 7)
**Example**: If ATR = 50 pips, only pinbars with 50+ pip range will signal.
---
#### 🔍 **Filter #2: SWING Filter** (Always Active)
- **Purpose**: Confirms pinbar forms at swing highs/lows
- **Function**: Validates the pinbar is an absolute high/low
- **Benefit**: Identifies true reversal points
- **Settings**:
- Swing Candles (default: 3)
**How it works**:
- For bullish pinbar: Checks if low is lowest of past 3 bars
- For bearish pinbar: Checks if high is highest of past 3 bars
**Example**: With 3 swing candles, a bullish pinbar must have the lowest low among the last 3 bars.
---
#### 🔍 **Filter #3: RSI (Relative Strength Index) Filter**
- **Purpose**: Confirms momentum conditions
- **Function**: Prevents signals in extreme momentum zones
- **Benefit**: Avoids counter-trend trades
- **Settings**:
- Enable/Disable toggle
- RSI Period (default: 7)
- RSI Source (Close, Open, High, Low, HL2, HLC3, OHLC4)
- Overbought Level (default: 70)
- Oversold Level (default: 30)
**Logic**:
- Bullish Pinbar: Only signals if RSI < 70 (not overbought)
- Bearish Pinbar: Only signals if RSI > 30 (not oversold)
---
### 3. **Stop Loss Calculation**
Two methods available:
#### Method A: ATR-Based Stop Loss (Recommended)
```
Bullish Pinbar:
SL = Pinbar Low - (1 × ATR)
Bearish Pinbar:
SL = Pinbar High + (1 × ATR)
```
**Benefit**: Dynamic stops that adapt to market volatility
#### Method B: Fixed Pips Stop Loss
```
Bullish Pinbar:
SL = Pinbar Low - (Fixed Pips)
Bearish Pinbar:
SL = Pinbar High + (Fixed Pips)
```
**Settings**:
- Calculate Stop with ATR (toggle)
- Stop Pips without ATR (default: 5)
---
### 4. **Take Profit Calculation**
Take Profit is calculated based on Risk:Reward ratio:
```
Bullish Trade:
TP = Entry + (Entry - SL) × Risk:Reward Ratio
Bearish Trade:
TP = Entry - (SL - Entry) × Risk:Reward Ratio
```
**Example**:
- Entry: 1.2000
- SL: 1.1950 (50 pip risk)
- RR: 2:1
- TP: 1.2100 (100 pip reward = 50 × 2)
**Settings**:
- Risk:Reward Ratio (default: 1.0, range: 0.1 to 10.0)
---
## 📈 Visual Elements
### On-Chart Displays
1. **Signal Markers**
- 🟢 **Green Triangle Up** = Bullish Pinbar (BUY)
- 🔴 **Red Triangle Down** = Bearish Pinbar (SELL)
- Placed directly on the pinbar candle
2. **Entry Labels**
- Green "BUY" label with entry price
- Red "SELL" label with entry price
- Shows exact entry level
3. **Stop Loss Lines**
- 🔴 Red horizontal line
- "SL" label
- Extends 20 bars forward
4. **Take Profit Lines**
- 🟢 Green horizontal line
- "TP" label
- Extends 20 bars forward
5. **Risk/Reward Areas** (Optional)
- Red shaded box = Risk zone (Entry to SL)
- Green shaded box = Reward zone (Entry to TP)
- Visual risk:reward visualization
6. **Info Table** (Top Right)
- Displays current settings
- Shows filter status (ON/OFF)
- Real-time RSI value
- Quick reference panel
---
## 🔔 Alert System
Three alert types available:
### 1. Combined Alert: "Pinbar Signal (Any Direction)"
- Fires for BOTH bullish and bearish pinbars
- **Best for**: General monitoring
- **Message**: "Pinbar Signal Detected on {TICKER} at {PRICE}"
### 2. Bullish Alert: "Bullish Pinbar Alert"
- Fires ONLY for BUY signals
- **Best for**: Long-only strategies
- **Message**: "BUY Signal on {TICKER} at {PRICE}"
### 3. Bearish Alert: "Bearish Pinbar Alert"
- Fires ONLY for SELL signals
- **Best for**: Short-only strategies
- **Message**: "SELL Signal on {TICKER} at {PRICE}"
---
## ⚙️ Input Parameters Reference
### **Filters Group**
| Parameter | Default | Range | Description |
|-----------|---------|-------|-------------|
| ATR Filter on Pinbar Range? | ✅ ON | Boolean | Enable/disable ATR filter |
| ATR Period | 7 | 1+ | Lookback period for ATR calculation |
| Swing Candles | 3 | 1+ | Bars to check for swing high/low |
| RSI Filter on Pinbar? | ❌ OFF | Boolean | Enable/disable RSI filter |
| RSI Period | 7 | 2+ | Lookback period for RSI calculation |
| RSI Source | Close | Multiple | Price data for RSI (Close/Open/High/Low/etc) |
| RSI Overbought Level | 70 | 50-100 | Upper threshold for RSI filter |
| RSI Oversold Level | 30 | 0-50 | Lower threshold for RSI filter |
### **Pinbar Detection Group**
| Parameter | Default | Range | Description |
|-----------|---------|-------|-------------|
| Shadow % vs Body | 72 | 50-95 | Minimum wick size as % of total range |
### **Visualization Group**
| Parameter | Default | Range | Description |
|-----------|---------|-------|-------------|
| Show SL and TP Lines? | ✅ ON | Boolean | Display stop loss and take profit lines |
| Show SL and TP Area? | ❌ OFF | Boolean | Show shaded risk/reward boxes |
### **Risk Management Group**
| Parameter | Default | Range | Description |
|-----------|---------|-------|-------------|
| Risk:Reward Ratio | 1.0 | 0.1-10.0 | Target profit vs risk (1.0 = 1:1, 2.0 = 1:2) |
| Calculate Stop with ATR? | ✅ ON | Boolean | Use ATR for stop calculation |
| Stop Pips without ATR | 5 | 1+ | Fixed pip stop when ATR disabled |
---
## 🚫 Non-Repainting Architecture
### What is Repainting?
**Repainting** occurs when an indicator's historical signals differ from what appeared in real-time. This makes backtesting unreliable and can lead to false confidence in a strategy.
### How This Indicator Prevents Repainting
1. **Closed Bar Analysis**
- All calculations use ` ` offset (previous bar)
- Only analyzes COMPLETED candles
- Signals appear on the bar AFTER the pinbar closes
2. **Confirmed Swing Points**
- Waits for sufficient bar history before signaling
- Only checks historical bars that cannot change
- Prevents premature swing detection
3. **Static Alert Timing**
- Alerts fire only after bar completion
- No conditional logic that changes historically
- Same results in replay mode and live trading
### Verification Method
To verify non-repainting behavior:
1. Apply indicator to chart
2. Note signal locations and prices
3. Refresh browser / reload chart
4. **Signals remain in exact same locations**
---
## 💼 Trading Strategy Guidelines
### Entry Rules
**For Bullish Pinbar (LONG):**
1. Wait for green triangle to appear
2. Enter at close of pinbar (shown in label)
3. Alternative: Enter on break of pinbar high
4. Place stop loss at red SL line
5. Set target at green TP line
**For Bearish Pinbar (SHORT):**
1. Wait for red triangle to appear
2. Enter at close of pinbar (shown in label)
3. Alternative: Enter on break of pinbar low
4. Place stop loss at red SL line
5. Set target at green TP line
### Risk Management
- **Position Sizing**: Risk only 1-2% of account per trade
- **Stop Loss**: Always use the calculated SL (never move it wider)
- **Take Profit**: Use calculated TP or trail stop after 1:1 RR
- **Multiple Timeframes**: Confirm signals on higher timeframe
### Best Practices
✅ **DO:**
- Wait for bar to close before entering
- Trade in direction of higher timeframe trend
- Use on liquid markets with clear support/resistance
- Combine with price action analysis
- Keep a trading journal
❌ **DON'T:**
- Enter before bar closes (prevents seeing full pattern)
- Trade against strong trends
- Ignore the filters (they improve win rate)
- Risk more than 2% per trade
- Trade every signal (be selective)
---
## 📊 Backtesting & Data Export
### Available Data Points
The indicator exports these values for strategy development:
| Output | Description |
|--------|-------------|
| Bullish Signal | 1 = BUY signal, 0 = No signal |
| Bearish Signal | 1 = SELL signal, 0 = No signal |
| Bull SL | Stop loss level for long trades |
| Bull TP | Take profit level for long trades |
| Bull Entry | Entry price for long trades |
| Bear SL | Stop loss level for short trades |
| Bear TP | Take profit level for short trades |
| Bear Entry | Entry price for short trades |
### How to Use in Strategy
These values can be accessed by Pine Script strategies using:
```pine
indicator_values = request.security(syminfo.tickerid, timeframe.period,
)
```
---
## 🎓 Understanding the Filters
### Why Use Multiple Filters?
Single-indicator systems often generate too many false signals. This indicator uses a **confluence approach**:
1. **Pinbar Pattern** = Price rejection detected
2. **+ SWING Filter** = Rejection at key level
3. **+ ATR Filter** = Significant move
4. **+ RSI Filter** = Favorable momentum
**Result**: Higher probability setups with better risk:reward
### Filter Optimization
**Conservative Settings** (Fewer, Higher Quality Signals):
- ATR Filter: ON
- Swing Candles: 5
- RSI Filter: ON
- Shadow %: 75%
**Aggressive Settings** (More Signals, More Noise):
- ATR Filter: OFF
- Swing Candles: 2
- RSI Filter: OFF
- Shadow %: 65%
**Balanced Settings** (Recommended):
- ATR Filter: ON
- Swing Candles: 3
- RSI Filter: OFF (or ON for trending markets)
- Shadow %: 72%
---
## 🔍 Troubleshooting
### "No Signals Appearing"
**Possible Causes:**
1. Filters are too strict
2. No pinbars forming on chart
3. Insufficient bar history
**Solutions:**
- Reduce Shadow % to 65%
- Reduce Swing Candles to 2
- Disable ATR or RSI filters temporarily
- Check that chart has enough data loaded
### "Too Many Signals"
**Solutions:**
- Enable ATR filter
- Increase Swing Candles to 4-5
- Enable RSI filter
- Increase Shadow % to 75-80%
### "Signals Appearing Late"
**This is normal behavior!** The indicator:
- Analyzes previous closed bar
- Signals appear on the bar AFTER the pinbar
- This is what prevents repainting
- Signal latency is 1 bar (by design)
---
## 📝 Technical Specifications
**Indicator Type:** Overlay (displays on price chart)
**Pine Script Version:** 5
**Max Labels:** 500
**Max Lines:** 500
**Repainting:** None (100% non-repainting)
**Data Window Values:** 8 exported values
**Alert Types:** 3 (Combined, Bullish, Bearish)
**Performance:**
- Lightweight script (fast execution)
- Works on all timeframes
- Compatible with all markets (Forex, Crypto, Stocks, Futures)
- No data snooping bias
---
## 🎯 Use Cases
### 1. **Swing Trading**
- Timeframe: Daily, 4H
- Filter Settings: All enabled
- Best for: Catching major reversals
### 2. **Day Trading**
- Timeframe: 15m, 1H
- Filter Settings: ATR + SWING only
- Best for: Intraday reversals
### 3. **Scalping**
- Timeframe: 5m, 15m
- Filter Settings: SWING only (aggressive)
- Best for: Quick reversals (requires experience)
### 4. **Position Trading**
- Timeframe: Weekly, Daily
- Filter Settings: All enabled + high RR (2:1 or 3:1)
- Best for: Long-term trend reversal catches
---
## 🏆 Advantages Over Other Pinbar Indicators
✅ **Guaranteed Non-Repainting** - Many pinbar indicators repaint; this one never does
✅ **Automatic SL/TP** - No manual calculation needed
✅ **Multi-Layer Filtering** - Reduces false signals significantly
✅ **Visual Trade Management** - Clear entry, stop, and target levels
✅ **Flexible Configuration** - Adaptable to any trading style
✅ **Alert System** - Never miss a setup
✅ **Backtesting Ready** - Reliable historical data
✅ **Professional Grade** - Suitable for live trading
---
## 📚 Educational Resources
### Recommended Reading on Pinbars
- "The Pin Bar Trading Strategy" by Nial Fuller
- "Price Action Trading" by Al Brooks
- TradingView Education: Price Action Patterns
### Practice Recommendations
1. Paper trade signals for 20+ trades before live trading
2. Backtest on different timeframes and markets
3. Keep detailed records of all trades
4. Analyze winning vs losing setups
5. Refine filter settings based on results
---
## ⚖️ Disclaimer
This indicator is a tool for technical analysis and does not guarantee profits. Trading involves substantial risk of loss. Past performance is not indicative of future results.
- Always use proper risk management
- Never risk more than you can afford to lose
- Consider your trading experience and objectives
- Seek independent financial advice if needed
---
## 📧 Version Information
**Current Version:** 1.0
**Last Updated:** 2024
**Compatibility:** TradingView Pine Script v5
**Status:** Production Ready
---
## 🔄 Future Enhancements (Potential)
Possible future additions:
- Multi-timeframe confirmation option
- Volume filter integration
- Customizable color schemes
- Win rate statistics display
- Partial profit taking levels
- Trailing stop functionality
---
## 📖 Quick Start Guide
### 5-Minute Setup
1. **Add to Chart**
- Open TradingView
- Go to Pine Editor
- Paste the code
- Click "Add to Chart"
2. **Configure Settings**
- Open indicator settings (gear icon)
- Start with default settings
- Enable "Show SL and TP Lines"
3. **Set Alert**
- Right-click indicator name
- Click "Add Alert"
- Select "Pinbar Signal (Any Direction)"
- Configure notification method
4. **Test**
- Scroll back on chart
- Verify signals make sense
- Check that signals don't repaint
5. **Trade** (After Practice!)
- Wait for alert
- Verify signal quality
- Enter, place SL/TP
- Manage trade
---
## 🎯 Final Thoughts
The **Pinbar MTF - No Repaint** indicator is designed for serious traders who value:
- **Reliability** over flashy signals
- **Quality** over quantity
- **Honesty** over false promises
This indicator will NOT:
- Make you rich overnight
- Win every trade
- Replace proper trading education
This indicator WILL:
- Identify high-probability reversal setups
- Save you analysis time
- Provide consistent, non-repainting signals
- Help you develop a systematic trading approach
**Success in trading comes from:**
1. Proper education (60%)
2. Risk management (30%)
3. Technical tools like this indicator (10%)
Use this tool as part of a complete trading plan, not as a standalone solution.
Pivot Orderflow DeltaThis indicator analyzes order flow by calculating a continuous Cumulative Volume Profile Delta (CVPD). It plots this delta as a series of "delta candles" and identifies divergences and structural pivot levels.
Key Features:
Statistical Delta Engine: For each bar, the indicator builds a high-resolution volume profile on a lower 'Intra-Bar Timeframe'. It uses statistical models ('PDF' allocation) and advanced classifiers ('Dynamic' split) to determine the buy/sell pressure, which is then accumulated.
Cumulative Delta Candle Visualization: The indicator plots the continuous, accumulated delta as a series of candles, where for each bar:
Open: Is the cumulative delta value of the previous bar.
Close: Is the new total cumulative delta.
High/Low: Represent the peak/trough cumulative delta reached during that bar's formation.
Dynamic Pivot Baseline: The indicator plots a separate dynamic baseline ('Impulse Start') that adjusts when a new price pivot is confirmed.
When a price high forms, the baseline moves to the lower of its previous level or the peak delta (max of delta candle O/C) at the pivot.
When a price low forms, the baseline moves to the higher of its previous level or the trough delta (min of delta candle O/C) at the pivot.
Full Divergence Suite (Class A, B, C): A built-in divergence engine automatically detects and plots Regular (A), Hidden (B), and Exaggerated (C) divergences between price and the peak/trough of the delta candles (High/Low).
Detailed Pivot Confluence: The indicator plots distinct markers to differentiate between pivots occurring only on the price chart, only on the delta oscillator, or on both simultaneously.
Note on Confirmation (Lag): Divergence and pivot signals rely on a confirmation method. A pivot is only plotted after the Pivot Right Bars input has passed, which introduces an inherent lag.
Integrated Alerts: Includes 23 comprehensive alerts for:
The start and end of all 6 divergence types.
The detection of a new Impulse Start pivot.
Delta/volume agreement/disagreement.
Delta crossing the zero line.
The formation of price-only or delta-only pivots.
Caution: Real-Time Data Behavior (Intra-Bar Repainting) This indicator uses high-resolution intra-bar data. As a result, the values on the current, unclosed bar (the real-time bar) will update dynamically as new intra-bar data arrives. This behavior is normal and necessary for this type of analysis. Signals should only be considered final after the main chart bar has closed.
DISCLAIMER
For Informational/Educational Use Only: This indicator is provided for informational and educational purposes only. It does not constitute financial, investment, or trading advice, nor is it a recommendation to buy or sell any asset.
Use at Your Own Risk: All trading decisions you make based on the information or signals generated by this indicator are made solely at your own risk.
No Guarantee of Performance: Past performance is not an indicator of future results. The author makes no guarantee regarding the accuracy of the signals or future profitability.
No Liability: The author shall not be held liable for any financial losses or damages incurred directly or indirectly from the use of this indicator.
Signals Are Not Recommendations: The alerts and visual signals (e.g., crossovers) generated by this tool are not direct recommendations to buy or sell. They are technical observations for your own analysis and consideration.
Volume Profile DeltaThis indicator calculates the Volume Profile Delta (VPD). It constructs a high-resolution volume profile for each bar using intra-bar data, offering a detailed understanding of buying and selling pressure at discrete price levels.
Key Features:
Statistical Volume Profile Engine: For each bar, the indicator builds a high-resolution volume profile on a lower 'Intra-Bar Timeframe'. Instead of simple tick counting, it uses statistical models ('PDF' allocation) to distribute volume across price levels and advanced classifiers ('Dynamic' split) to determine the buy/sell pressure within that profile, providing a more nuanced delta calculation.
"Delta Candle" Visualization: The per-bar VPD is displayed as a candle, where:
Open: Always anchored at the zero line.
High/Low: Represent the peak buying (CVD High) and selling (CVD Low) pressure accumulated within that bar's profile.
Close: The final net delta value (CVD) for the bar.
Customizable Moving Average: An optional moving average of the net delta (Close) can be added. The MA type, length, and an optional Volume weighted setting are customizable.
Intra-Bar Peak Pivot Detection: Automatically identifies and plots significant turning points (pivots) in the peak buying (High) and selling (Low) pressure.
Note on Confirmation (Lag): Pivot signals are confirmed using a lookback method. A pivot is only plotted after the Pivot Right Bars input has passed, which introduces an inherent lag.
Multi-Timeframe (MTF) Capability:
MTF Output: The entire analysis (Delta Candles, MA, Pivots) can be calculated on a higher timeframe (using the Timeframe input), with standard options to handle gaps (Fill Gaps) and prevent repainting (Wait for...).
Limitation: The Pivot detection (Calculate Pivots) is disabled if a Higher Timeframe (HTF) is selected.
Integrated Alerts: Includes 8 alerts for:
The net delta crossing its moving average.
The detection of new peak buying or selling pivots.
Conditions of agreement or disagreement between the net delta and the main bar's direction.
Caution: Real-Time Data Behavior (Intra-Bar Repainting) This indicator uses high-resolution intra-bar data. As a result, the values on the current, unclosed bar (the real-time bar) will update dynamically as new intra-bar data arrives. This behavior is normal and necessary for this type of analysis. Signals should only be considered final after the main chart bar has closed.
DISCLAIMER
For Informational/Educational Use Only: This indicator is provided for informational and educational purposes only. It does not constitute financial, investment, or trading advice, nor is it a recommendation to buy or sell any asset.
Use at Your Own Risk: All trading decisions you make based on the information or signals generated by this indicator are made solely at your own risk.
No Guarantee of Performance: Past performance is not an indicator of future results. The author makes no guarantee regarding the accuracy of the signals or future profitability.
No Liability: The author shall not be held liable for any financial losses or damages incurred directly or indirectly from the use of this indicator.
Signals Are Not Recommendations: The alerts and visual signals (e.g., crossovers) generated by this tool are not direct recommendations to buy or sell. They are technical observations for your own analysis and consideration.
Volume DeltaThis indicator provides a detailed view of Volume Delta (VD) by analyzing order flow on a lower, intra-bar timeframe. For each bar on the chart, it calculates the net difference between buying and selling volume based on the direction of the intra-bar candles.
Key Features:
Intra-Bar Delta Calculation: The indicator analyzes price action on a user-defined lower timeframe ('Intra-Bar Timeframe') to construct a detailed picture of the underlying order flow for each bar on the main chart.
"Delta Candle" Visualization: The delta for each bar is shown as a candle, where:
Open: Always starts at the zero line.
High/Low: Represent the peak buying and selling pressure accumulated within the bar.
Close: The final net delta value for that bar. This visualization shows absorption, exhaustion, and conviction in a single glance.
Customizable Moving Average: An optional moving average of the net delta (Close) can be added. The MA type, length, and an optional Volume weighted setting are customizable.
Intra-Bar Peak Pivot Detection: Automatically identifies and plots significant turning points (pivots) in the peak buying (High) and selling (Low) pressure.
Note on Confirmation (Lag): Pivot signals are confirmed using a lookback method. A pivot is only plotted after the Pivot Right Bars input has passed, which introduces an inherent lag.
Multi-Timeframe (MTF) Capability:
MTF Output: The entire analysis (Delta Candles, MA, Pivots) can be calculated on a higher timeframe (using the Timeframe input), with standard options to handle gaps (Fill Gaps) and prevent repainting (Wait for...).
Limitation: The Pivot detection (Calculate Pivots) is disabled if a Higher Timeframe (HTF) is selected.
Integrated Alerts: Includes 8 alerts for:
The net delta crossing its moving average.
The detection of new peak buying or selling pivots.
Conditions of agreement or disagreement between the net delta and the main bar's direction (absolute volume).
Caution: Real-Time Data Behavior (Intra-Bar Repainting) This indicator uses high-resolution intra-bar data. As a result, the values on the current, unclosed bar (the real-time bar) will update dynamically as new intra-bar data arrives. This behavior is normal and necessary for this type of analysis. Signals should only be considered final after the main chart bar has closed.
DISCLAIMER
For Informational/Educational Use Only: This indicator is provided for informational and educational purposes only. It does not constitute financial, investment, or trading advice, nor is it a recommendation to buy or sell any asset.
Use at Your Own Risk: All trading decisions you make based on the information or signals generated by this indicator are made solely at your own risk.
No Guarantee of Performance: Past performance is not an indicator of future results. The author makes no guarantee regarding the accuracy of the signals or future profitability.
No Liability: The author shall not be held liable for any financial losses or damages incurred directly or indirectly from the use of this indicator.
Signals Are Not Recommendations: The alerts and visual signals (e.g., crossovers) generated by this tool are not direct recommendations to buy or sell. They are technical observations for your own analysis and consideration.
Volume Weighted Intra Bar LR Standard DeviationThis indicator analyzes market character by providing a detailed view of volatility. It applies a Linear Regression model to intra-bar price action, dissecting the total volatility of each bar into three distinct components.
Key Features:
Three-Component Volatility Decomposition: By analyzing a lower timeframe ('Intra-Bar Timeframe'), the indicator separates each bar's volatility into:
Trend Volatility (Green/Red): Volatility explained by the intra-bar linear regression slope (Momentum).
Residual Volatility (Yellow): Volatility from price oscillating around the intra-bar trendline (Mean-Reversion).
Within-Bar Volatility (Blue): Volatility derived from the range of each intra-bar candle (Noise/Choppiness).
Layered Column Visualization: The indicator plots these components as a layered column chart. The size of each colored layer visually represents the dominance of each volatility character.
Dual Display Modes: The indicator offers two modes to visualize this decomposition:
Absolute Mode: Displays the total standard deviation as the column height, showing the absolute magnitude of volatility and the contribution of each component.
Normalized Mode: Displays the components as a 100% stacked column chart (scaled from 0 to 1), focusing purely on the percentage ratio of Trend, Residual, and Noise.
Calculation Options:
Statistical Model: The 'Estimate Bar Statistics' option (enabled by default) uses a statistical model ('Estimator') to perform the decomposition. (Assumption: In this mode, the Source input is ignored, and an estimated mean for each bar is used instead).
Normalization: An optional 'Normalize Volatility' setting calculates an Exponential Regression Curve (log-space).
Volume Weighting: An option (Volume weighted) applies volume weighting to all intra-bar calculations.
Multi-Component Pivot Detection: Includes a pivot detector that identifies significant turning points (highs and lows) in both the Total Volatility and the Trend Volatility Ratio. (Note: These pivots are only plotted when 'Plot Mode' is set to 'Absolute').
Note on Confirmation (Lag): Pivot signals are confirmed using a lookback method. A pivot is only plotted after the Pivot Right Bars input has passed, which introduces an inherent lag.
Multi-Timeframe (MTF) Capability:
MTF Analysis: The entire intra-bar analysis can be run on a higher timeframe (using the Timeframe input), with standard options to handle gaps (Fill Gaps) and prevent repainting (Wait for...).
Limitation: The Pivot detection (Calculate Pivots) is disabled if a Higher Timeframe (HTF) is selected.
Integrated Alerts: Includes 9 comprehensive alerts for:
Volatility character changes (e.g., 'Character Change from Noise to Trend').
Dominant character emerging (e.g., 'Bullish Trend Character Emerging').
Total Volatility pivot (High/Low) detection.
Trend Volatility pivot (High/Low) detection.
Caution! Real-Time Data Behavior (Intra-Bar Repainting) This indicator uses high-resolution intra-bar data. As a result, the values on the current, unclosed bar (the real-time bar) will update dynamically as new intra-bar data arrives. This behavior is normal and necessary for this type of analysis. Signals should only be considered final after the main chart bar has closed.
DISCLAIMER
For Informational/Educational Use Only: This indicator is provided for informational and educational purposes only. It does not constitute financial, investment, or trading advice, nor is it a recommendation to buy or sell any asset.
Use at Your Own Risk: All trading decisions you make based on the information or signals generated by this indicator are made solely at your own risk.
No Guarantee of Performance: Past performance is not an indicator of future results. The author makes no guarantee regarding the accuracy of the signals or future profitability.
No Liability: The author shall not be held liable for any financial losses or damages incurred directly or indirectly from the use of this indicator.
Signals Are Not Recommendations: The alerts and visual signals (e.g., crossovers) generated by this tool are not direct recommendations to buy or sell. They are technical observations for your own analysis and consideration.
Volume Weighted Intra Bar Standard DeviationThis indicator provides a high-resolution analysis of market volatility by dissecting each bar on the chart into its fundamental components. It uses data from a lower, intra-bar timeframe to separate the total volatility of a single bar into its 'directional' and 'non-directional' parts.
Key Features:
Intra-Bar Volatility Decomposition: For each bar on the chart, the indicator analyzes the underlying price action on a smaller timeframe ('Intra-Bar Timeframe') and quantifies two types of volatility:
Between-Bar Volatility (Directional): Calculated from price movements between the intra-bar candles. This component represents the directional, trending price action within the main bar.
Within-Bar Volatility (Non-Directional): Calculated from price fluctuations inside each intra-bar candle. This component represents the choppy, noisy, or ranging price action.
Dual Display Modes: The indicator offers two modes to visualize this information:
Absolute Mode: Plots the total standard deviation as a stacked column chart, showing the absolute magnitude of volatility and the contribution of each component.
Normalized Mode: Plots the components as a 100% stacked column chart (scaled from 0 to 1), focusing purely on the percentage ratio of 'between-bar' (trending) and 'within-bar' (choppy) volatility.
Calculation Options:
Statistical Model: The 'Estimate Bar Statistics' option (enabled by default) uses a statistical model ('Estimator') to perform the decomposition. (Assumption: In this mode, the Source input is ignored, and an estimated mean for each bar is used instead).
Normalization: An optional 'Normalize Volatility' setting calculates volatility in percentage terms (log-space).
Volume Weighting: An option (Volume weighted) applies volume weighting to all intra-bar volatility calculations.
Volatility Pivot Detection: Includes a built-in pivot detector that identifies significant turning points (highs and lows) in the total volatility line. (Note: This is only visible in 'Absolute Mode').
Note on Confirmation (Lag): Pivot signals are confirmed using a lookback method. A pivot is only plotted after the Pivot Right Bars input has passed, which introduces an inherent lag.
Multi-Timeframe (MTF) Capability:
MTF Analysis Lines: The entire intra-bar analysis can be run on a higher timeframe (using the Timeframe input), with standard options to handle gaps (Fill Gaps) and prevent repainting (Wait for...).
Limitation: The Pivot detection (Calculate Pivots) is disabled if a Higher Timeframe (HTF) is selected.
Integrated Alerts: Includes 6 alerts for:
Volatility character changes (e.g., 'Character Change from Choppy to Trend').
Dominant character emerging (e.g., 'Trend Character Emerging').
Total Volatility pivot (High/Low) detection.
Caution: Real-Time Data Behavior (Intra-Bar Repainting) This indicator uses high-resolution intra-bar data. As a result, the values on the current, unclosed bar (the real-time bar) will update dynamically as new intra-bar data arrives. This behavior is normal and necessary for this type of analysis. Signals should only be considered final after the main chart bar has closed.
DISCLAIMER
For Informational/Educational Use Only: This indicator is provided for informational and educational purposes only. It does not constitute financial, investment, or trading advice, nor is it a recommendation to buy or sell any asset.
Use at Your Own Risk: All trading decisions you make based on the information or signals generated by this indicator are made solely at your own risk.
No Guarantee of Performance: Past performance is not an indicator of future results. The author makes no guarantee regarding the accuracy of the signals or future profitability.
No Liability: The author shall not be held liable for any financial losses or damages incurred directly or indirectly from the use of this indicator.
Signals Are Not Recommendations: The alerts and visual signals (e.g., crossovers) generated by this tool are not direct recommendations to buy or sell. They are technical observations for your own analysis and consideration.
