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Advanced Technical Range and Expectancy Estimator [SS]Hello everyone, This indicator is a from of momentum based probability modelling. It is derived from my own approaches to probability modelling but just simplified a bit. How it works: The indicator looks at various technical, including stochastics, RSI, MFI and Z-Score, to determine the likely sentiment. All of these, with the exception of Z-Score, are momentum based indicators and can alert us to likely sentiment. However, instead of us making the subjective determination ourselves as to whether the RSI or MFI or Stochastics are bullish, the indicator will look at previous instances of these occurrences, and tally the bullish and bearish follow throughs that happened. It will also calculate the average target price that was hit, under similar conditions, on the same timeframe. The Z-Score is your "tie breaker". It is not a momentum based indicator and measures something a little different (the standard deviation and over-extension of the stock). For this reason, it provides an alternative assessment and tends to be a bit more reliable in times of low momentum. Back-test Results: The indicator back-tests itself over the previous 100 candles. I have limited it to 100 candles for pragmatic considerations (it has to back-test each technical individually and increasing the BT length will slow and potentially error out the indicator) as well as accuracy considerations. One thing I have noticed in my years of trying to crack the code and develop probability models for tickers, is historical accuracy doesn't always matter because sentiment is always changing. You need to see what it has done over the most recent 100 to 200 candles. There are two back-test windows, one for the price targets and the other for the sentiment accuracy. The most effective/most accurate will highlight green, the least effective/least accurate will highlight red: In the image above, you can see that the most accurate predictor of sentiment is Z-Score, with a 90.32% accuracy rate over the past 100 candles. The most accurate predictor of price is MFI, with a 60% (for bull targets) and 42% (for bear targets)accuracy rate. Anchoring Points: The indicator permits you to anchor by two points. The default setting is anchoring by previous candle. If you plan to use this as an oscillator, to see the current prediction for the current candle you are viewing, then you will need to leave this default setting. It will pull the data from the previous candle and give you the data for the current candle you are on. If you are assess the likely sentiment for the next day after the day has closed off, you will want to anchor by current candle. This will take the current technicals that the day has closed off with and run the assessment for you. Customizability You can customize the technicals by source and length of assessment. They are all defaulted to the traditional settings of these indicators, but if you want to customize your model to try and improve or enhance accuracy in one way or another, you are free and able to do so! I do suggest leaving the defaults as they seem to work particular well :-). Thresholds Thresholds are the tolerance levels that we permit for our technical search range. If you want them to be exactly identical, then you can set it to 0. If you want it to be extremely similar, you can set it to 0.01. This will hone in on the ranges you are interest in and you can see how it affects your accuracy by reviewing the results in the back-test tables. Keep Static Colour Option I want to make a quick note on the "Keep Static Colour" option that is in your settings menu. The primary table that shows you the probability and price targets change colours based on the accuracy of the assessment. This is so, if you are using a mobile device or smaller screen and can't have the back-test results open at the same time, you can see still which are the most reliable results. However, if you have the back-test tables open and you find these colour changes too distracted, you can toggle on the "Keep Static Colour" and it will resort the colour of the table to a solid white: Show Technicals The indicator can show you the current technical values if you are using it in place of an oscillator. Its less pivotal as its making the assessment for you, but just for your reference if you want to see what the current MFI, Z-Score or Stochastics etc. are, you have that option as well. All Timeframes Permitted You can view Weekly, Monthly, Hourly, 5 minute, 1 minute, its all supported! That's the indicator in a nutshell. Hope you enjoy and leave your questions below. Safe trades everyone!
Индикатор Pine Script®
от Steversteves
6
ADR % RangesThis indicator is designed to visually represent percentage lines from the open of the day. The % amount is determined by X amount of the last days to create an average...or Average Daily Range (ADR). 1. ADR Percentage Lines: The core function of the script is to apply lines to the chart that represent specific percentage changes from the daily open. It first calculates the average over X amount of days and then displays two lines that are 1/3rd of that average. One line goes above the other line goes below. The other two lines are the full "range" of the average. These lines can act as boundaries or targets to know how an asset has moved recently. *Past performance is not indicative of current or future results. The calculation for ADR is: Step 1. Calculate Today's Range = DailyHigh - DailyLow Step 2. Store this average after the day has completed Step 3. Sum all day's ranges Step 4. Divide by total number of days Step 5. Draw on chart 2. Customizable Inputs: Users have the flexibility to customize the script through various inputs. This includes the option to display lines only for the current trading day (`todayonly`), and to select which lines are displayed. The user can also opt to show a table the displays the total range of previous days and the average range of those previous days. 3. No Secondary Timeframe: The ADR is computed based on whatever timeframe the chart is and does not reference secondary periods. Therefore the script cannot be used on charts greater than daily. This script is can be used by all traders for any market. The trader might have to adjust the "X" number of days back to compute a historical average. Maybe they only want to know the average over the past week (5 days) or maybe the past month (20 days).
Индикатор Pine Script®
от GoodGains
4
20/200MAs+LTF+4HTF and HighLowBox+3HTF20/200MAs Shows 20 and 200 MAs in each TFs(tfChart,1 Lower and 4 Higher). TFs: current TF Lower TF (default: lower1) Higher TF1 (default: higher1) Higher TF2 (default: higher1) Higher TF3 (default: higher1) Higher TF4 (default: higher1) MAs: 20MA (default: sma) 1st 200MA (default: sma) 2nd 200MA (default: ema) VWAP (optional) HighLowBox+3HTF Enclose in a square high and low range in each timeframe. Shows price range and duration of each box. In current timeframe, shows Fibonacci Scale inside(23.6%, 38.2%, 50.0%, 61.8%, 76.4%)/outside of each box. Outside(161.8%,261.8,361.8%) would be shown as next target, if break top/bottom of each box. 1st box for current timeframe. 2nd box for higher timeframe.(default: higher1) 3rd box for higher timeframe.(default: higher2) 4th box for higher timeframe.(default: higher3) static timeframes can also be used.
Индикатор Pine Script®
от nazomobile
HighLowBox 1+3TF Enclose in a square high and low range in each timeframe. Shows price range and duration of each box. In current timeframe, shows Fibonacci Scale inside(23.6%, 38.2%, 50.0%, 61.8%, 76.4%)/outside of each box. Outside(161.8%,261.8,361.8%) would be shown as next target, if break top/bottom of each box. 1st box for current timeframe.(default: Chart) 2nd-4th box for higher timeframes.(default: higher1,higher2,higher3) static timeframes can also be used.
Индикатор Pine Script®
от nazomobile
ATR+ Advanced Sessions ATR for DaterangeATR+ Advanced Sessions ATR for Daterange The ATR+ adds the following additional filters to the stock ATR indicator by Tradingview: - Calculates the overall average ATR for a user defined daterange, optionally filtered by trading session and selected weekdays, presented as a secondary line over the standard ATR line. - Basic ATR line, with colour highlight to indicate the selected sessions, days and timeframe being calculated by the average ATR+ line. - Average ATR+ line indicating the average of all ATRs within the defined timeframe, optionally filtered by instances of a selected trading session and selected weekdays. - Customisable appearance. - The ATR+ also includes the basic ATR configuration options typically found in the standard ATR by Tradingview, including period length and smoothing type. Defaults are set to the factory standards: 14 length, RMA smoothing type. What Is the Average True Range (ATR)? The ATR is a technical analysis tool that measures market volatility by decomposing the entire range asset price for that period. Investopedia describes the ATR as follows: "The average true range (ATR) is a technical analysis indicator, introduced by market technician J. Welles Wilder Jr. in his book New Concepts in Technical Trading Systems, that measures market volatility by decomposing the entire range of an asset price for that period. The true range indicator is taken as the greatest of the following: current high less the current low; the absolute value of the current high less the previous close; and the absolute value of the current low less the previous close. The ATR is then a moving average, generally using 14 days, of the true ranges." For more information on the ATR and its calculations and use cases, see here: Investopedia link here. Tradingview link here. Note The indicator may time out if the number of bars being calculated is too long. If this happens, you will need to reduce the datetime range, or increase the chart timeframe in order to reduce the number of bars being calculated and the indicator will attempt to recalculate.
Индикатор Pine Script®
от PHVNTOM_TRADER
3
Asteroid Belt SpaceManBTCAsteroid Belt SpaceManBTC Asteroid Belt is a trend analysis tool that provides 3 areas of importance, upper, lower, and main belt. The belts provide areas of key interest that will likely cause a reaction on any asset that is being charted. Within The Belt There are 2 ways to play the belt, when trending in either direction, entering the belt can be seen as an area to buy a pullback, providing a strong entry in the trend. The Upper Belt will suffice in the strongest of trends, the middle of the belt indicates a trend that is still strong. A tap of the lowest belt is a weaker trend but often the bottom of any uptrend. The other way to play the belt from within is play the range from one belt to the other usually the lower belt to the upper belt for a full range play is successful and the mid belt should be used to take partial profits/determine the strength of the move to the other side of the belt. Responsiveness 3 Types of responsiveness, Fast, Slow and Normal. Slow being the default as its my preffered. The Slow belt will highlight entries with higher probability of causing reaction. Normal is the best for reliable entries with less patience, it can be recommended for those who are faster to react to directional changes. Fast belt should only really be used on the Higher timeframe trends as their pull backs can take significantly longer and therefore provides a reliable entry for a quicker than usual high time frame execution. Dynamic Colors This is a simple calculation which will be advanced in the future, it can be used to determine the strength of a trend in the belt, highlighting uptrend and downtrends when enabled. Can be disabled in settings. Auto Aggregator is the primary difference by providing its own calculations very different to how previous auto calculations have worked in spacemanbtc indicators, this aggregator is a work in progress but should produce results that can be replicated accross all coins. Doing so allows for chart by chart switching and is useful for anyone who is in need of quick trend analysis. This can be disabled for manual fine tuning. On by default for new users to learn with. To Do: Add outer reversion belts for a full trading system. Improve dynamic coloring logic. Improve Auto Aggregator logic.
Индикатор Pine Script®
от spacemanbtc
1
Rescaled RangeRescaled Range is an implementation of the fractal rescaled ranges developed by Harold Edwin Hurst and Benoit Mandlebrot. Settings include: “Window Size” - the number of time periods in a window over which price changes are analyzed. This will generally correspond to your trading horizon and defaults to 15. “Number of Windows” - the number of “Window Size” intervals to average the rescaled range value over. By looking at a number of such periods, the study captures potential volatility that may have occurred in the recent past. This should be set long enough to capture the current trend (defaults to 63), but not so long to include volatility regimes no longer in play. Each window in the average is offset by 1 time period from the the others - like a moving average. This study plots two lines - “Rescaled Range High” which indicates overbought conditions when the price moves above it and “Rescaled Range Low” which indicates oversold conditions when the price moves below it. This study builds upon the bridge range work of Joe Catanzaro (joecat808) and Caleb Sandfort (calebsandfort). Bridge ranges are used to position the rescaled range with respect to the closing price. Note: Your time series must have (Window Size + Number of Windows) or more periods of data to complete this study. For example, using the defaults, your time series should have (15+63) = 78 periods or more of data.
Индикатор Pine Script®
от MichaelAngle
4
[astropark] price levelsDear Followers, today another awesome Analysis Tool, that you can use in your trading journey: Price Levels ! Are you a range trading player? a scalper? or maybe a day-trader or a swing-trader? This is for you then. Indeed it's for everyone. This indicator works on every timeframe, market and pair. It keeps track of recent important levels generated by price action: Monday high, low and middle range level Tuesday high and low Wednesday high and low Thursday high and low Friday high and low Weekly open, high and low Monthly open, high and low Yearly open, high and low Previous weekly open, high and low Previous monthly open, high and low Previous yearly open, high and low You can: choose price levels to hide and show change each level color / thickness / display style (solid or dotted) choose to show or hide price labels and change their size Why such indicator should be helpful? How can I use it to do profit? In multiple ways! Let's talk about Monday Range : when Monday range is formed, price acceptance below Monday low is a bearish signal, so will more likely want to short / sell equally price acceptance above Monday high is a bullish signal, so will more likely want to long / buy it can happen that Monday high is simply retested, with price not being able to stay above it: this is called a retest (in case of a simple wick) or a deviation (in case of price staying above the level just for some candles) and what usually happens is price falling back to Monday middle range level and even back to Monday low. the opposite can happen of course: you will become bullish if Monday low is tested or a deviation appears below Monday low: price tends to bounce on such occasions back to Monday middle range or even Monday high Tuesday is usually a marker day within a trading week: if Monday was pretty bullish, Tuesday high may mark the weekly top, following some red days if Monday was pretty bearish, Tuesday low may mark the weekly bottom, following some green days Thursday is the day when big players start to take profits, as the trading week is going to end the next day, so in an all-green week Thursday may be a red one, while in an all-red week it may be a bullish day Thursday is the day when big players start to take profits, as the trading week is going to end the next day: in an all-green week, Thursday may be a red one and it's low tends to mark the weekly low while in an all-red week, it tends to be a bullish day, so here you will refill your shorts for the next blooding day Let's talk now about the Weekly, Monthly and Yearly price levels : here it is the interesting part for Swing Traders Weekly open is usually a defining level: on retest, if price keeps staying below then more downside is expected, if price keeps staying above then more upside is expected (similarly to what we said about Monday high and low) Monthly and Yearly open price levels are usually a "no-brainer" buy level in a bullish trend or equally a sell level in a bearish trend: in this scenarios, a deviation structure is even more powerful in term of price reaction and efficiency We trade Weekly, Monthly and Yearly high and low price levels as explained for the Monday high and low, but with a swing traders perspective (so a medium-long term trade) Previous Weekly/Monthly/Yearly price levels are usually very useful as targets in your trades Here below some screenshots that resumes what said above. Weekly Open as support (bullish) and Monday High deviation (bearish) Tuesday High, Weekly Open failing as support: bearish Monday Low deviation (bullish) Price Acceptance above Monday High and Weekly Open (bullish) Yearly Open retests as buy opportunities Deviation below Monthly Open (bullish), Price Acceptance below Monthly and Yearly Open (bearish) This is a premium indicator , so send me a private message in order to get access to this script.
Индикатор Pine Script®
от astropark
1
Consolidation Ranges [kingthies] Consolidation Range Analysis Published by Eric Thies, January 2021 █ Indicator Summary This tool calculates, analyzes and plots the visualization of a relative range over a given period of time By adding to charts, users are enabled to see the impulsive nature of market cycles, along with their efforts to consolidate thereafter The default period is 30, and should be adjusted to users preference The default input is the current close price, on the chosen timeframe of the chart █ Script Source // //@version=4 //© kingthies || This source code is subject to the terms of the Mozilla Public License 2.0 at mozilla.org study("Consolidation Ranges ", shorttitle="CR ", overlay=true) // !<------ User Inputs -----> src = input(close, title='Range Input (Default set to Close'), lengthEMA=input(30,title='Length'),zoneToggle = input(true, title="Toggle Zone Highlights"), iCol = color.new(#FFFFFF, 100), // !<---- Declarations & Calculations ---- > trndUp = float(na),trndDwn = float(na), mid = float(na), e = ema(src, lengthEMA) trndUp := src < nz(trndUp ) and src > trndDwn ? nz(trndUp ) : high, trndDwn := src < nz(trndUp ) and src > trndDwn ? nz(trndDwn ) : low, mid := avg(trndUp, trndDwn) // !< ---- Plotting -----> highRange = plot(trndUp == nz(trndUp ) ? trndUp : na, color=color.white, linewidth=2, style=plot.style_linebr, title="Top of Period Range") lowRange = plot(trndDwn == nz(trndDwn ) ? trndDwn : na, color=color.white, linewidth=2, style=plot.style_linebr, title="Bottom of Period Range") xzone = plot(zoneToggle ? src > e ? trndDwn : trndUp : na, color=iCol, style=plot.style_circles, linewidth=0, editable=false) fill(highRange, xzone, color=color.lime,transp=70), fill(xzone, lowRange, color=color.red,transp=70) //
Индикатор Pine Script®
от kingthies
13
@thecf RSI + 12-EMA + Magic 89-EMA + RangesThis RSI has a couple modifications. It works with bullish and bearish control zones and implements both a 12 EMA as well as the "magic" 89 Moving Average. First, the ranges. Whenever the RSI moves above 65 the bulls are in control. Whenever the RSI moves blow 45 the bears are in control. Everything in between in neutral. Traders can use these levels for information on strength of either bulls or bears and also for support and resistance . Both EMAs are best used for crossovers, as well as support and resistance . The idea for the "magic" 89 moving average, originally stems from Fibonacci values that some traders like to use for support and resistance on price. From observation, it holds more information though, when used as a moving average of the RSI and in combination with a 12 EMA . When the RSI crosses above the 89 moving average, it can be interpreted as a potential shift in trend up. The 12 EMA then shortly afterwards usually confirms it by also crossing above the 89 moving average. The 89 moving average can also signalize a potential shift in trend coming up when reaching 70. The magic MA works best on timeframes like the daily and upwards. For more information about the indicator feel free to leave a comment.
Индикатор Pine Script®
от VEGAlgo
1
PB Opening Bar RangesPB Opening Bar Ranges identifies the high and low ranges of those market opens and is to be used as an overall strategy with PB Market Opens. This is different to indicators out there as it is specific to the Market Opens strategy This indicator identifies opening range for any time frame. You can use it to trade out of opening ranges after Gold Pit Opens and Stock exchange opens. For best results, do the following Gold use the 5 minute time frame Forex and Currency futures 10 minute time frame. Indexes use the 15 minute time frame. This will be available to lease, please private message us to find out more
Индикатор Pine Script®
от xBratSoftwareSolutions
Kalihari_Brothers_PRBBasic principle support ,resistance and flipping of support n resistance (support becomes resistance ,resistance becomes support).. DRB- Previous Day Range High ( PDH ) and Low ( PDL ) WRB- Previous Week Range High (PWH) and Low (PWL) MRB - Previous Monthly Range High (PMH) and Low (PML) It gives Trending Market Signal for bullish (price breaks PDH range continuous in up direction and make support) and similarly for bearish (price breaks PDL range continuous in down direction and make resistance).. For sideways/Non-trending market stay with in a range not break high and low..(stay away from it).. DRB act as minor support and resistance .. WRB and MRB act as major support and resistance ...
Индикатор Pine Script®
от KalihariBrothers
Volume Range EventsChanges in the feelings (positive, negative, neutral) in the market concerning the valuation of an instrument are often preceded with sudden outbursts of buying and selling frenzies. The aim of this indicator is to report such outbursts. We can see them as expansions of volume, sometimes 10 times more than usual. and as extensions of the trading range, also sometimes 10 times more than usual (e.g. usual range is 10 cent suddenly a whole dollar.) The changes are calculated in such a way that these fit between plus and minus 100 percent, the bars are scaled in some sort of logarithmic way. The Emoline is the same as the one in the True Balance of Power indicator, which I already published ONLY RISES ARE EVENTS Sometimes analysts are tempted to give meaning to low volume or small ranges. These simply mean that the market has little interest in trading this instrument. I believe that in such cases the trader needs to wait for expansion and extension events to happen, then he can make a better guess of where the market is heading. As events often mark the beginning or ending of a trend, this indicator provides an early and clear signal, because it doesn’t bother us about non-events. WHAT IS USUAL? If the algorithm would use an average as a normal to scale volume or range events, then previous peaks will act as spoilers by making the average so high that a following peak is scaled too small. I developed a function, usual() , that kicks out all extremes of a ‘population of values’ and which returns the average of the non-extreme values. It can be called with any serial. This function is called by both algorithms that report volume and range peaks, which guarantees that the results are really comparable. As this function has a fixed look back of 8 periods, we might state that ‘usual’ is a short lived relative value. I think this doesn’t matter for the practical use of the indicator. COLORING AND INTERPRETATION I follow the categories in the ‘Better Volume Indicator’, published by LeazyBear, these are: 1. Climactic Volumes, event >40 % (this means peak is 1.5 X usual) LIME: Climax Buying Volume, direction up, range event also > 30 % RED: Climax Selling Volume, direction down, range event also > 30 % AQUA: Climax Churning Volume, both directions, range event < 30% 2. Smaller Volumes, event <40 % GREEN: Supportive Volume, both directions, if combined with range event BLUE: Churning Volume, both directions, if not combined with range event (Professional Trading) 3. Just Range Events BLACK histogram bars (Amateurish Trading)
Индикатор Pine Script®
от eykpunter
7
NQ Manipulation/Distribution Projections + Average RangeThis is not your typical OHLC indicator :) Overview: The Manipulation/Distribution Projections (OHLC Stats) indicator is a powerful tool designed to forecast potential price levels for various timeframes. It operates on a simple yet profound principle: price action within a single candle can be broken down into "manipulation" and "distribution" phases. By analyzing over 17 years of historical data for major assets in Python, this script calculates the average (mean) and typical (median) extent of these movements. These statistical insights are then used to project key levels on your chart based on the current period's opening price, providing a statistically-grounded framework for potential support, resistance, and price targets. Key Concepts Explained The indicator's logic is based on how price wicks and bodies form relative to the opening price. • Manipulation: This refers to the initial move that goes against the candle's eventual direction. For a bullish candle, it's the lower wick (the move from the open down to the low before reversing higher). For a bearish candle, it's the upper wick (the move from the open up to the high before selling off). It represents a "fake out" or a stop hunt. • Distribution: This is the primary, directional move of the candle from the opening price. For a bullish candle, it's the distance from the open to the high. For a bearish candle, it's the distance from the open to the low. It represents the "real" intended direction of price for that period. How It Works This indicator does not calculate these ratios in real-time. Instead, it leverages a comprehensive statistical analysis performed externally in Python on over 17 years of OHLC data. This analysis determined the mean and median ratios for both Manipulation and Distribution movements across different timeframes and, for intraday periods, different times of day. These pre-computed, static ratios are embedded directly into the script. When a new period begins (e.g., a new day on the Daily timeframe), the indicator: 1. Takes the opening price for that period. 2. Retrieves the corresponding pre-calculated Manipulation and Distribution ratios. 3. Applies these ratios to the opening price to project eight potential price levels: o + / - Mean Distribution o + / - Median Distribution o + / - Mean Manipulation o + / - Median Manipulation This approach provides a stable, forward-looking set of levels for the entire duration of the trading period. ________________________________________ Features • Statistically-Derived Projections: Plots eight key price levels based on historical tendencies, providing clear potential zones for entries, exits, and stop placement. • Selectable Timeframe: Choose to view projections for the 1H, 4H, 1D, or 1W periods directly from the settings. • Dynamic Stats Table: A powerful, on-chart dashboard that provides real-time context. For all four timeframes (1H, 4H, 1D, 1W), it shows: o Position: Where the current price is relative to the projected zones (e.g., "In +Manip Zone," "Below -Dist"). o Range Completed: The percentage of the historical average range that the current period has already covered. o Current & Average Range: The current high-to-low range in points vs. the historical average. • Historical Context: You can display levels for previous periods to see how price has interacted with them in the past. • Full Customization: Control the color, style, and visibility of every line, label, and fill to match your chart's theme. ________________________________________ How to Use This indicator is versatile and can be integrated into various trading strategies. • Identifying Targets & Reversal Zones: The Distribution levels (especially the zone between the median and mean) can serve as logical take-profit targets, as they represent a historical point of extension. Conversely, Manipulation levels can indicate areas where price might form a wick and reverse. • Gauging Volatility: Use the Stats Table's "Range Completed" column to assess market conditions. If the 1D range is only 30% complete by mid-day, there may be room for significant expansion. If it's already at 150%, the market might be overextended and due for consolidation. • Multi-Timeframe Confluence: Use the Stats Table to quickly check if the price on a lower timeframe (e.g., 1H) is approaching a significant level on a higher timeframe (e.g., 1D), adding more weight to that level. • Defining Bias: If the price opens and holds above the Manipulation zones, it can signal a strong directional bias for the rest of the period. ________________________________________ Settings • Projection Timeframe: The primary timeframe for which to calculate and display the levels. • Historical Periods to Show: Set to 1 for only the current period, or increase to see how levels from past periods held up. • Timezone: Set the timezone for accurate hourly calculations (defaults to America/New_York). • Visuals: Customize the appearance of the projection lines, labels, and the shaded zones between mean and median levels. • Stats Table: Enable/disable the table and configure its position, size, and colors. ________________________________________ Disclaimer: This indicator is for informational and educational purposes only. It does not constitute financial advice or a recommendation to buy or sell any asset. All trading involves risk, and past performance is not indicative of future results. Please do your own research and risk management. Enjoy!
Индикатор Pine Script®
от tncylyv
6
ADR - Average Daily Range [KasTrades]This is an Average Daily Range (ADR) indicator. There are two settings for ADR: Two Look back period ADR range (e.g. 7 and 14 days) One Look back period ADR (e.g. 5 days only) Two day ADR ranges are typically used in equities and index futures whereas one day ADR is typically used in forex. The opening time by default is 17:00 New York (Eastern) time. The ranges are always calculated from the opening price of the first bar on the respected timeframe.
Индикатор Pine Script®
от KasTrades14
Sessions [Trade Tribe HQ]Color-coded session ranges with ADR% labels to help you trade smarter, not harder. This tool marks New York, London, Tokyo, and Sydney sessions, showing their ranges, highs/lows, VWAPs, and ADR%. 🔹 Key Features Colored session boxes (NY, London, Tokyo, Sydney) Session highs & lows, VWAP, and trendlines Dashboard showing active sessions, volume, and %ADR ADR% labels at session close 🔹 How It Helps Spot session traps, moves, and reversals faster Manage expectations using ADR% (no chasing over-extended moves) Identify overlap zones (London → NY) for volatility spikes Simplify cycle tracking across global markets Market Sessions Marker—making it easy to see where the energy has been spent and where opportunity is building next. Created with ❤️ by TraderChick – part of the Trade Tribe HQ community. If you found this tool useful, check out my profile for more strategies, classes, and resources.
Индикатор Pine Script®
от EricaLorrai
ORB Pro w/ Filters + Debug + ORB Fib + Golden Pocket + HTF Trend🚀 ORB Pro – Advanced Opening Range Breakout System A professional ORB indicator with built-in filters, retest confirmation, EMA/HTF trend alignment, and automatic risk/reward targets. Designed to eliminate false breakouts and give traders clean LONG/SHORT signals with Fibonacci and debug overlays for maximum precision. This script is an advanced Opening Range Breakout (ORB) system designed for futures, indices, and options traders who want more precision, cleaner entries, and higher win probability. It combines classic ORB logic with modern filters, Fibonacci confluence, and higher-timeframe trend confirmation. The indicator automatically: Plots the ORB box based on user-defined NY session times (default: 9:30–9:45 EST). Generates long/short signals when price breaks the ORB range, with optional conditions like: Candle close outside the range Retest confirmation (with tolerance %) Volume spike validation EMA trend alignment Higher-timeframe EMA slope alignment Cooldown filters to prevent over-trading Integrates Fibonacci retracements & extensions from the ORB box for confluence levels. Includes Golden Pocket (0.5–0.618) retests for precision entries Risk/Reward visualization — automatically plots stop loss and take profit levels based on user-defined R:R or fixed % levels. Debug mode overlay to show why a signal is blocked (e.g., low volume, ORB too small, too late, wrong trend). This tool is built for scalpers, day traders, and 0DTE options traders who need both flexibility and discipline. ⚙️ Inputs & Features ORB Settings ORB Start & End Time (NY) → Default: 9:30–9:45 Require Candle Close → Ensures breakouts are confirmed, not wick traps. Retest Confirmation → Optional retest before entry (tolerance % adjustable). Filters Volume Spike → Validates breakouts only with above-average volume. EMA Trend Filter → Confirms trade direction with EMA slope. Higher Timeframe Trend → Optional (e.g., 15m ORB with 1h EMA alignment). Cooldown Bars → Prevents consecutive false signals. ORB Size Filter → Blocks signals when ORB is too small/too large. Fibonacci Levels Retracements: 0.236, 0.382, 0.5, 0.618, 0.786 Extensions: 1.272, 1.618 Golden Pocket Retest filter for high-probability trades Risk Management R:R Stops/Targets → Automatically plots SL/TP levels. Custom Stop % / Take Profit % if not using R:R Debug Overlay → Explains why signals are blocked 🧑‍💻 How to Use Load the indicator on your chart (works best on 1m, 5m, and 15m). Adjust ORB window (default 9:30–9:45 EST). Select filters (candle close, retest, volume, EMA, HTF trend). Watch for Long/Short labels outside ORB box with filters aligned. Manage trades using plotted SL/TP levels or your own Webull/R:R calculator. ✅ Best Use Cases Futures (NQ1!, ES1!) ETFs (QQQ, SPY, IWM) 0DTE Options Trading Scalping around market open ⚠️ Disclaimer This tool is for educational purposes only. It does not constitute financial advice. Trading carries risk, and past performance does not guarantee future results. Always test on paper trading before using real capital. ----------------------------------------- ORB Pro w/ Filters + Debug + ORB Fib + Golden Pocket + HTF Trend A professional Opening Range Breakout (ORB) toolkit designed for intraday traders who want precision entries, risk-managed exits, and layered confirmation filters. Built for futures, stocks, and ETFs (e.g. NQ, ES, QQQ). 🔎 Core Logic This script plots and trades breakouts from the Opening Range (9:30 – 9:45 NY time), then applies multiple confirmation filters before signaling a LONG or SHORT setup: ORB Box: Defines the first 15 minutes of market activity (customizable). Breakout Candle Confirmation: Requires a candle close outside the ORB box. Retest Confirmation: Price must retest the ORB edge within tolerance before triggering. Trend Filter: EMA confirmation to align trades with intraday trend. Higher-Timeframe Trend Filter: Optional (default: 45-minute EMA) to avoid countertrend trades. Fibonacci Levels: Auto-plot retracements (0.236 → 0.786) for confluence and trade management. Golden Pocket Retest (Optional): Adds an extra precision filter at 0.5–0.618 retracement. ⚙️ Default Settings (Optimized for Beginners) These are the pre-configured inputs so traders can load and trade immediately: ORB Session: 9:30 – 9:45 NY ✅ Require Candle Close Outside ORB ✅ Require Retest Confirmation (tolerance 0.333%) ❌ Require Volume Spike (off by default, optional toggle) ✅ Require EMA Trend (50 EMA intraday) ✅ Require Higher-TF Trend (45m, EMA 21) ❌ Higher-TF EMA slope required (off) ✅ Cooldown Between Signals (10 bars) ORB % Range: Min 0.3%, Max 0.5% Max Minutes After ORB: 180 ✅ ORB-based Risk/Reward Stops & Targets (default: 2R) Stop Loss: 0.5% (if not R:R) Take Profit: 1% (if not R:R) ✅ Debug Overlay (shows why signals are blocked) ✅ Fibonacci Retracements Plotted ❌ Extensions (off by default, toggle if needed) ✅ Golden Pocket Retest available, tolerance 0.11 (optional) 📈 Signals Green "LONG" Label: Valid breakout above ORB with trend confirmation. Red "SHORT" Label: Valid breakdown below ORB with trend confirmation. Blocked (debug text): Signal suppressed by filters (low volume, too late, no retest, etc.). 🎯 Trade Management Default R:R is 2:1 (stop at ORB edge, TP projected). For manual trading (e.g., Webull, IBKR), you can use the plotted TP/SL boxes directly. Fibonacci + Golden Pocket give additional profit-taking levels and retest filters. ✅ Best Practices Use 15m chart for main ORB entries. Confirm direction with HTF trend (45m EMA by default). Avoid signals blocked by “Low Volume” or “Too Late” (debug helps identify). Adjust ORB % range for asset volatility (tight for ETFs, wider for futures). 🚀 Why ORB Pro? This is more than a standard ORB indicator. It’s a professional breakout system with filters designed to avoid false breakouts, automatically handle risk/reward, and guide traders with clear visual signals. Perfect for both systematic day traders and discretionary scalpers who want structure and confidence. 👉 Recommended starting point: Load defaults → trade the 15m ORB with EMA + HTF filters on → let the script handle retests and stop/target placement.
Индикатор Pine Script®
от TradeswithB
5
Elite Entries Range Setter Premium Elite Entries Range Setter **What it is** Elite Entries Range Setter builds a simple but sturdy market map: a predictive range on a higher timeframe, mid-levels between those lines, and **filtered breakout signals** plus **auto-drawn support/resistance zones** (with optional retest tags). It’s designed for day traders who want structure without noise—and swing traders who like to anchor to a higher-timeframe heartbeat. What it gives you * **Predictive range grid** (R2 / R1 / AVG / S1 / S2) computed from your chosen TF with adaptive ATR logic. * **MTF signal engine**: breakouts are detected on your selected *Signal TF* while ranges come from the range TF—clean separation of “map” vs “trigger.” * **Mid-lines** between range levels for bounce/continuation context (visual only here). * **Auto Zones**: when price crosses a key line (range or mid), a shaded support/resistance box is created. Zones extend until broken; they dim when invalidated. * **Optional Retests**: label when price re-tests a fresh zone and rejects/holds (cooldowns included). * **Stacked Filters**: RSI, Volume EMA, and MA direction—use one, some, or all to tighten signals. * **Session awareness**: choose to limit signals/zone creation to New York hours. * **Alerts**: one consolidated breakout alert + dedicated zone-retest alerts. --- How to use (the 60-second setup) 1. **Pick your Range TF** (default 15m). This sets the “grid” (R2/R1/AVG/S1/S2). 2. **Choose your Signal TF** (can be same as chart or different). This is where breakouts are confirmed. 3. **Turn on filters** to taste: * **RSI** for momentum extremes (OB/OS configurable) * **Volume EMA** for participation (Above/Below) * **MA direction** for trend alignment (EMA/SMA/HMA, configurable length) 4. **Zones**: leave enabled to auto-box supports/resistances when lines are crossed. Adjust size by **Ticks** or **ATR ×** for instrument sensitivity. 5. **Alerts**: add “**Grid Breakout (Filtered)**” for trade triggers, and “Zone Bullish/Bearish Retest” if you trade pullbacks. --- Inputs that matter * **Range Setter** * *ATR Length / Factor*: controls how wide the predictive range breathes. * *Timeframe*: TF used to compute the grid (e.g., 15m). * *Candlestick Type*: Traditional or Heikin-Ashi source. * **Filter Options** * *RSI*: Period + OB/OS thresholds. * *Volume EMA*: Period + Above/Below condition. * *MA Filter*: EMA/SMA/HMA + length; must be above (long bias) or below (short bias). * **Trading Grid** * *Signal TF*: where breakouts are detected. * *Use MTF Signals*: toggle to confirm on a different TF than your chart. * *Session Filter (NY)*: gate signals to the cash session. * **Zones** * *Only Create During NY Session*: keep structures “day-true.” * *Size Mode*: **Ticks** (precise) or **ATR ×** (adaptive). * *Retests*: on/off, min bars between retests, label size, colors. * *Avoid Dupes at Same Level*: keeps the chart tidy. --- Signals & Alerts * **Breakout UP / DN**: confirmed cross of a mid or range line **and** all active filters pass. * *Create alert:* **Grid Breakout (Filtered)** * **Zone Retests**: optional labels/alerts when price wicks into a fresh zone and closes back out in the expected direction. * *Create alerts:* **Zone Bullish Retest**, **Zone Bearish Retest** *Pro tip:* Because the range grid comes from a (possibly) higher TF and signals can be confirmed on a different TF, you avoid most LTF chop while still reacting quickly. --- Good habits (a trader’s creed) * **Trust, but verify.** Filters help, not save. Read the tape: wicks, spreads, and time-of-day matter. * **Let sessions speak.** NY hours tend to carry the volume; gating to session can reduce false pops. * **Adjust zone size to the instrument.** Use ATR × on volatile tickers/futures; use Ticks for clean FX/Index contracts. * **Mind the load.** If you enable many zones on very low TFs, consider trimming history or increasing tick size for performance. --- Repainting & behavior notes * Range levels are computed with `request.security(..., lookahead=off)` and only update as the higher-timeframe bar evolves/finishes. * Breakout checks also use `lookahead=off`. Signals confirm on the **close** of the chosen *Signal TF*. * Zone creation happens on **confirmed bars** to reduce flicker. * No backtest or strategy orders—this is an **indicator** for discretionary or rule-based trading with external execution. --- Who it’s for Day traders who want **clear structure + filtered triggers**. Swing traders who anchor to a higher-TF grid but demand timely confirmation. Anyone tired of random “buy/sell” confetti and ready for a **map, a method, and a mute button** for the noise. --- Final word Markets are poetry and math—this tool sketches the meter so you can hear the rhyme. Keep risk first, keep faith in your process, and let disciplined edges do the talking. ✨ *Educational use only. Not financial advice. Trade responsibly.*
Индикатор Pine Script®
от MooreMuzik
2
Monday's Range Superpowerkyu🔔 Settings You can customize the colors and toggle ON/OFF in the indicator settings. Works on daily, hourly, and minute charts. Easily visualize Monday’s high, low, and mid-line range. 📌 1. Support & Resistance with Monday’s Range Monday High: Acts as the first resistance of the week. ◽ Example: If price breaks above Monday’s high after Tuesday, it signals potential bullish continuation → long setup. Monday Low: Acts as the first support of the week. ◽ Example: If price breaks below Monday’s low, it signals bearish continuation → short setup. 📌 2. Mid-Line Trend Confirmation Monday Mid-Line = average price of Monday. Price above mid-line → bullish bias. Price below mid-line → bearish bias. Use mid-line breaks as entry confirmation for long/short positions. 📌 3. Breakout Strategy Break of Monday’s High = bullish breakout → long entry. Break of Monday’s Low = bearish breakout → short entry. Place stop-loss inside Monday’s range for a conservative approach. 📌 4. False Breakout Strategy If price breaks Monday’s high/low but then falls back inside Monday’s range, it is a False Breakout. Strategy: Trade in the opposite direction. ◽ False Breakout at High → short. ◽ False Breakout at Low → long. Stop-loss at the wick (extreme point) of the failed breakout. 📌 5. Range-Based Scalping Use Monday’s high and low as a trading range. Sell near Monday’s High, buy near Monday’s Low, repeat until breakout occurs. 📌 6. Weekly Volatility Forecast Narrow Monday range → higher chance of strong trend later in the week. Wide Monday range → lower volatility expected during the week. 📌 7. Pattern & Trend Analysis within Monday Range Look for candlestick patterns around Monday’s High/Low/Mid-Line. ◽ Example: Double Top near Monday’s High = short setup. ◽ Repeated bounce at Mid-Line = strong long opportunity. ✅ Summary The Monday’s Range (Superpowerkyu) Indicator helps traders: Identify weekly support & resistance Confirm trend direction with Mid-Line Trade breakouts & false breakouts Apply range scalping strategies Forecast weekly volatility ⚡ Especially, the False Breakout strategy is powerful as it captures failed moves and sudden sentiment reversals.
Индикатор Pine Script®
от superpowerkyu
Objective Doji Highlight (Range-Relative)This indicator highlights Doji candles using an objective, mathematics-based rule: a bar is Doji when the absolute difference between its open and close is less than or equal to a user-defined fraction (x) of that bar’s high–low range. How it works: Compute body size as the absolute difference between open and close. Compute the bar’s range as high minus low. Classify as Doji when body size ≤ x × range. Only Doji candles are colored; non-Doji bars remain unchanged. Inputs Doji threshold (x of range): tolerance (0–1) controlling how small the body must be relative to the range. Doji Candle Color: visual color for detected Doji candles. Example: If x = 0.10 and a candle has high = 100 and low = 90 (range = 10), the maximum allowed body is 1. If the difference between open and close is ≤ 1, the candle is marked as Doji. Why it can be useful Doji candles are often studied as signs of market indecision. This tool provides a clear, parameter-based way to identify them consistently across any timeframe, without discretionary interpretation. Notes & limitations Works with standard candlesticks (not Heikin Ashi, Renko, or other synthetic bar types). Visualization and research only: it does not produce buy/sell signals and makes no performance claims. No repainting from future data; the logic uses only the current bar’s prices.
Индикатор Pine Script®
от sabinaGM
Dr. Curry Range Break# 🚀 DR. CURRY RANGE BREAK - QUICK START CHEAT SHEET ## ⚡ 5-MINUTE SETUP GUIDE ### 1️⃣ **ADD TO CHART** - Timeframe: **5-MINUTE CHART** (MUST USE!) - Add indicator: "Dr. Curry Range Break" - Default settings work great! ### 2️⃣ **WAIT FOR THE BLUE BOX** (9:30-9:45 AM ET) ``` 🔵 BLUE BOX = Your Trading Range - Forms in first 15 minutes - DO NOT TRADE until box completes! ``` ### 3️⃣ **WATCH FOR BREAKOUT SIGNALS** #### 🟢 **LONG SETUP (BUY)** - Price CLOSES above blue box - Look for signal on chart: - **GREEN = GO!** (★★★ Best) - **BLUE = GOOD** (★★) - **GOLD = CAREFUL** (★) #### 🔴 **SHORT SETUP (SELL)** - Price CLOSES below blue box - Look for signal on chart: - **RED = GO!** (★★★ Best) - **BLUE = GOOD** (★★) - **GOLD = CAREFUL** (★) ## 📊 TRADE MANAGEMENT ### **ENTRY CHECKLIST** ✅ 1. Blue box complete? ✓ 2. Candle CLOSED outside box? ✓ 3. Signal appeared? ✓ 4. Volume says "HIGH VOL"? (Even better!) ### **WHERE TO EXIT** - **Take Profit**: Green/Red TP lines on chart - **Stop Loss**: Opposite side of blue box - **Quick Rule**: Risk $100 to make $200+ ## 🎯 THE ONLY 3 RULES YOU NEED ### RULE 1: **COLOR = ACTION** ``` GREEN/RED Candle = BEST Trade BLUE Candle = GOOD Trade GOLD Candle = SKIP (risky) ``` ### RULE 2: **STARS = QUALITY** ``` ★★★ = Full position size ★★ = Half position size ★ = Don't trade (or tiny size) ``` ### RULE 3: **PANEL = CONFIRMATION** Look for: - **"HIGH VOL ✓"** = Strong move - **"Bullish/Bearish"** = With trend - **Stop Loss price** = Your exit ## 🚦 SIMPLE DECISION TREE ``` Is there a BLUE BOX? ↓ NO → Wait ↓ YES Did price CLOSE outside box? ↓ NO → Wait ↓ YES What COLOR is the signal? ↓ GOLD → Skip trade ↓ BLUE → Maybe trade (check stars) ↓ GREEN/RED → TRADE IT! ``` ## ⏰ BEST TRADING TIMES **BEST**: 9:45 AM - 10:30 AM ET **GOOD**: 10:30 AM - 11:30 AM ET **AVOID**: After 12:00 PM (lunch chop) ## 💰 POSITION SIZING (Beginners) - **★★★ Signal**: Risk 1% of account - **★★ Signal**: Risk 0.5% of account - **★ Signal**: Don't trade **Example**: $10,000 account - ★★★ = Risk $100 per trade - ★★ = Risk $50 per trade ## 🛑 STOP DOING THIS ❌ Trading before blue box completes ❌ Entering on wick touches (need CLOSE) ❌ Taking ★ trades ❌ Moving your stop loss ❌ Revenge trading after a loss ## ✅ START DOING THIS ✅ Wait for box completion ✅ Only trade ★★ or ★★★ ✅ Use the stop loss shown ✅ Take partial profits at TP1 ✅ Stop after 2 losses ## 📱 FIRST WEEK GOALS - **Monday**: Just watch, don't trade - **Tuesday**: Paper trade only ★★★ signals - **Wednesday**: Paper trade ★★★ and ★★ - **Thursday**: Small real trades (★★★ only) - **Friday**: Review and learn ## 🎪 THE "SET IT AND FORGET IT" METHOD 1. **Entry**: Market order on signal 2. **Stop**: Set at opposite box level 3. **Target**: Set at TP1 (first green/red line) 4. **Walk away**: Let it hit stop or target ## 🚨 EMERGENCY RULES **STOP TRADING IF**: - Lost 2 trades today - Feeling emotional - No clear signals appearing - Market is choppy (no trend) --- ## 📝 YOUR DAILY ROUTINE **9:25 AM**: Chart open, indicator on **9:30 AM**: Watch blue box form **9:45 AM**: Box complete, watch for breakout **9:46 AM+**: Take signal if it appears **10:30 AM**: Review trades, possibly done for day ## 💡 ONE LAST TIP **Start with SIM/Paper Trading for 1 week minimum!** The best traders are patient traders. Wait for YOUR setup - the market will always give you another chance tomorrow. **Remember**: 1 good ★★★ trade > 5 random trades Good luck! 🍀# Dr. Curry Range Break - Professional Trading Indicator ## Overview The **Dr. Curry Range Break** is a comprehensive trading system designed to identify high-probability breakout opportunities during the market's opening range period. This professional-grade indicator combines volume analysis, multi-timeframe trend confirmation, and smart money concepts to give traders a complete edge in range breakout trading. ## 🎯 Key Features ### 1. **Opening Range Detection** - Automatically identifies and marks the opening range (5, 15, or 30-minute options) - Clear visual box showing the range high and low - Professional blue color scheme for easy identification ### 2. **Smart Breakout Signals** - **GREEN CANDLE + "STRONG BUY ★★★"** = High probability setup (with trend + high volume) - **BLUE CANDLE + "BUY SIGNAL ★★"** = Good setup (with trend, normal volume) - **GOLD CANDLE + "RISKY BUY ★"** = Caution (against trend) ### 3. **Automatic Target Levels** - Displays TP1, TP2, TP3 levels based on previous swing points - Clear price labels showing exact target levels - Green lines for long targets, red lines for short targets ### 4. **Multi-Timeframe Trend Analysis** - Analyzes 15m, 60m, and 240m timeframes simultaneously - Shows trend strength percentage in the panel - Confirms if your trade aligns with the bigger picture ### 5. **Volume Confirmation** - Identifies high-volume breakouts automatically - "HIGH VOL ✓" indicator in panel when volume exceeds threshold - Helps filter out false breakouts ### 6. **Advanced Features** - Fair Value Gaps (FVG) detection - Order Block identification - Stop loss levels clearly marked - Professional trading panel with all key information ## 📖 How to Use ### Setup 1. **Best Timeframe**: Use on 5-minute chart (also works on 1m and 15m) 2. **Market Open**: Indicator activates at 9:30 AM ET (configurable) 3. **Range Duration**: Default 15 minutes (9:30-9:45 AM) ### Entry Rules 1. **Wait for Range Lock**: Let the opening range complete (default 15 minutes) 2. **Watch for Breakout**: Price must CLOSE above/below the range 3. **Check the Signal**: - ★★★ = Take the trade with confidence - ★★ = Good setup, normal position size - ★ = Risky, reduce size or skip ### Exit Strategy - **Take Profit**: Use the TP levels shown on chart - **Stop Loss**: Opposite side of the range (shown in panel) - **Trail Stop**: Move to breakeven after TP1 ## 🔍 What to Look For ### Best Setups (★★★) - Green/Red candle on breakout - "HIGH VOL ✓" in panel - Trend aligned (Bullish/Bearish in panel) - Clear TP levels above/below ### Good Setups (★★) - Blue candle on breakout - Normal volume - With trend direction - Multiple TP levels available ### Avoid These (★) - Gold/Yellow candle (against trend) - Low volume breakouts - Choppy market conditions - No clear TP levels ## ⚙️ Customization Options ### Visual Settings - **Minimal Mode**: Reduces clutter for experienced traders - **Show/Hide**: Targets, FVG, Order Blocks, Swing Points - **Panel Position**: Choose corner placement ### Range Settings - **Timezone**: Adjust for your market - **Duration**: 5, 15, or 30-minute ranges - **Market Open**: Customize start time ### Advanced Settings - **Volume Multiplier**: Adjust high volume threshold - **Target Count**: Show 1-3 TP levels - **EMA Length**: Trend calculation period ## 💡 Pro Tips 1. **Best Days**: Monday-Thursday typically have cleaner breakouts 2. **Avoid Fridays**: Often choppy with less follow-through 3. **News Days**: Check economic calendar - avoid FOMC days 4. **Time It**: Best breakouts often occur 30-60 minutes after open 5. **Volume Matters**: Never take a ★ trade on low volume ## 🚨 Risk Management - **Position Size**: Risk 1-2% per trade maximum - **Stop Loss**: Always use the opposite range level - **Scaling**: Take partial profits at each TP level - **Daily Max**: Stop after 2-3 losses in a day ## 📊 Success Metrics This indicator helps identify: - High probability breakouts with 60-70% win rate on ★★★ setups - Clear risk/reward with defined stops and targets - Optimal entry timing with volume confirmation - Trend alignment for higher probability trades --- **Remember**: No indicator is perfect. Always use proper risk management and combine with your market knowledge. The Dr. Curry Range Break is a tool to enhance your decision-making, not replace it. *Happy Trading! 📈*## 📦 Box Color Guide - Dr. Curry Range Break ### 🔵 **BLUE BOX - Opening Range** - **What it means**: This is your main trading range (first 15/30 minutes) - **How to use**: Wait for price to break above/below this box - **Key levels**: Top = Range High (Long entry above), Bottom = Range Low (Short entry below) ### 🟢 **GREEN BOXES - Bullish Zones** 1. **Light Green Transparent Box (FVG - Fair Value Gap)** - **What it means**: Bullish imbalance/gap in price - **How to use**: Acts as support on pullbacks - **Trading tip**: If price returns to this box after breakout, it's a good re-entry zone 2. **Very Light Green Box (Order Block)** - **What it means**: Last bearish candle before a strong move up - **How to use**: Major support zone - **Trading tip**: Great area to add to positions or enter if missed initial breakout ### 🔴 **RED BOXES - Bearish Zones** 1. **Light Red Transparent Box (FVG - Fair Value Gap)** - **What it means**: Bearish imbalance/gap in price - **How to use**: Acts as resistance on pullbacks - **Trading tip**: If price returns to this box after breakdown, it's a good re-entry zone for shorts 2. **Very Light Red Box (Order Block)** - **What it means**: Last bullish candle before a strong move down - **How to use**: Major resistance zone - **Trading tip**: Great area to add to short positions or enter if missed initial breakdown ### 🟠 **ORANGE BOX - Breaker Block** - **What it means**: Failed support/resistance that flipped - **How to use**: Strong reversal zone - **Trading tip**: Often marks the end of a move - consider taking profits ## 🎯 Quick Reference ``` BLUE = Your main range to trade GREEN = Support zones (buy/hold) RED = Resistance zones (sell/short) ORANGE = Reversal warning ``` ## 💡 Pro Tips for Using Boxes 1. **Multiple Green Boxes** = Stronger bullish bias 2. **Multiple Red Boxes** = Stronger bearish bias 3. **Price respecting boxes** = Higher probability trades 4. **Price ignoring boxes** = Potential trend change ### Box Stacking Priority 1. **Most Important**: Blue Opening Range 2. **Very Important**: Order Blocks (light green/red) 3. **Important**: FVG boxes 4. **Warning**: Orange breaker blocks **Remember**: The more boxes align in one direction, the stronger the move typically is!
Индикатор Pine Script®
от claudecurry23
1