Institutional level Indicator V5Smart money concept indicator with added VWAP for better understanding for fair price with relation to movement of price.
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Smart Price Divergence (MACD Filter) + EMA📌 Purpose
This indicator detects Price Divergences with MACD filtered by a 200 EMA trend condition.
It helps identify high-probability reversal zones aligned with market trend context.
🧠 How It Works
1. MACD Divergence Logic
Bearish Divergence:
Price makes a higher high.
MACD makes a lower high.
Price is above EMA (indicating possible exhaustion in bullish trend).
Bullish Divergence:
Price makes a lower low.
MACD makes a higher low.
Price is below EMA (indicating possible exhaustion in bearish trend).
2. EMA Trend Filter
EMA(200) is used as a directional filter:
Bearish divergences considered above EMA (extended bullish conditions).
Bullish divergences considered below EMA (extended bearish conditions).
3. Visual & Alerts
EMA(200) plotted on chart in orange.
Red triangles for Bearish Divergence.
Green triangles for Bullish Divergence.
Alerts fire for both divergence types.
📈 How to Use
Look for divergence signals as potential reversal alerts.
Combine with support/resistance or price action for confirmation.
EMA ensures signals occur in extended zones, increasing reliability.
Recommended Timeframes: 1h, 4h, D.
Markets: Forex, Crypto, Stocks.
⚙️ Inputs
MACD Fast / Slow / Signal Length
EMA Length (default 200)
⚠️ Disclaimer
This script is for educational purposes only. It does not constitute financial advice.
Always test thoroughly before live trading.
Smart Deviation Trend Bands PRO + MTF Filter📌 Purpose
This indicator combines multi-level Deviation Bands (±1, ±2, ±3 standard deviations from SMA) with a Higher Timeframe (HTF) Trend Filter.
It helps traders identify potential bounce and breakout setups aligned with the dominant market trend.
🧠 How It Works
1. Deviation Bands
SMA(Length) is calculated as the centerline.
Standard deviations (±1, ±2, ±3) define multiple dynamic support and resistance zones.
Outer bands (±3) often mark overextended zones; inner bands (±1, ±2) show active trading areas.
2. HTF Trend Filter
A higher timeframe SMA (HTF SMA) acts as a trend confirmation tool.
Default filter timeframe: 1 Day.
Trend Up: Price > HTF SMA
Trend Down: Price < HTF SMA
3. Entry Signals
Long Signal: Price crosses above lower deviation band (+1) when HTF trend is UP.
Short Signal: Price crosses below upper deviation band (−1) when HTF trend is DOWN.
4. Visuals & Alerts
Bands plotted in red (upper) and green (lower).
Centerline = SMA in blue.
HTF SMA in orange.
Circles on chart mark entry points; alerts trigger automatically.
📈 How to Use
In trending markets: Trade with the HTF direction, using band touches for entries.
In mean-reversion setups: Outer bands can be used to spot potential overbought/oversold zones.
Combine with volume or price action for confirmation.
Recommended Timeframes: 1h, 4h, D.
Markets: Forex, Crypto, Stocks.
⚙️ Inputs
SMA Length
StdDev Multiplier 1 / 2 / 3
HTF Timeframe (default: D1)
⚠️ Disclaimer
This script is for educational purposes only. It does not constitute financial advice.
Always test thoroughly before live trading.
Smart Volatility Squeeze + Trend Filter📌 Purpose
This indicator detects volatility squeeze conditions when Bollinger Bands contract inside Keltner Channels and signals potential breakout opportunities.
It also includes an optional EMA-based trend filter to align signals with the dominant market direction.
🧠 How It Works
1. Squeeze Condition
Bollinger Bands (BB): Length = 20, StdDev = 2.0 (default)
Keltner Channels (KC): EMA Length = 20, ATR Multiplier = 1.5 (default)
Squeeze ON: Occurs when BB Upper < KC Upper and BB Lower > KC Lower (low volatility zone).
2. Breakout Signals
Long Breakout: Price crosses above BB Upper after squeeze.
Short Breakout: Price crosses below BB Lower after squeeze.
3. Trend Filter (optional)
EMA(50) used to confirm breakout direction:
Long signals allowed only if price > EMA(50)
Short signals allowed only if price < EMA(50)
Toggle Use Trend Filter to enable/disable.
4. Visual & Alerts
Green circle at chart bottom indicates Squeeze ON.
Green/Red triangles mark breakouts.
Background gradually brightens during squeeze buildup.
Alerts available for long and short breakouts.
📈 How to Use
Look for Squeeze ON → then wait for breakout arrows.
Trade in breakout direction, preferably with trend filter ON.
Works best on higher timeframes (1h, 4h, D) and trending markets.
Markets: Crypto, Forex, Stocks — effective in volatile assets.
⚙️ Inputs
BB Length / StdDev
KC EMA Length / ATR Multiplier
Use Trend Filter
Trend EMA Length
⚠️ Disclaimer
This script is for educational purposes only. It does not constitute financial advice.
Always test thoroughly before live trading.
Smart RSI Divergence PRO | Auto Lines + Alerts📌 Purpose
This indicator automatically detects Regular and Hidden RSI Divergences between price action and the RSI oscillator.
It plots divergence lines directly on the chart, labels signals, and includes alerts for automated monitoring.
🧠 How It Works
1. RSI Calculation
RSI is calculated using the selected Source (default: Close) and RSI Length (default: 14).
2. Divergence Detection via Fractals
Swing points on both price and RSI are detected using fractal logic (5-bar patterns).
Regular Divergence:
Bearish: Price forms a higher high, RSI forms a lower high.
Bullish: Price forms a lower low, RSI forms a higher low.
Hidden Divergence:
Bearish: Price forms a lower high, RSI forms a higher high.
Bullish: Price forms a higher low, RSI forms a lower low.
3. Auto Drawing Lines
Lines are drawn automatically between divergence points:
Red = Regular Bearish
Green = Regular Bullish
Orange = Hidden Bearish
Blue = Hidden Bullish
Line width and transparency are adjustable.
4. Labels and Alerts
Labels mark divergence points with up/down arrows.
Alerts trigger for each divergence type.
📈 How to Use
Use Regular Divergences to anticipate trend reversals.
Use Hidden Divergences to confirm trend continuation.
Combine with support/resistance, trendlines, or volume for higher probability setups.
Recommended Timeframes: Works on all timeframes; more reliable on 1h, 4h, and Daily.
Markets: Forex, Crypto, Stocks.
⚙️ Inputs
Source (Close, HL2, etc.)
RSI Length
Toggle Regular / Hidden Divergence visibility
Toggle Lines / Labels
Line Width & Line Transparency
⚠️ Disclaimer
This script is for educational purposes only. It does not constitute financial advice.
Always test thoroughly before using in live trading.
Smart Impulse Exhaustion Finder (ATR + ADX Filter)📌 Purpose
This indicator detects potential exhaustion of strong bullish or bearish impulses at fresh swing highs/lows by combining multiple price action and volatility-based filters.
🧠 How It Works
A signal is triggered only when all core conditions are satisfied:
1. Swing High/Low Detection
Current high (or low) must be the highest (or lowest) over the last Extremum Lookback bars (default: 50).
This ensures the move is significant relative to recent price action.
2. Impulse Confirmation
Price must extend by at least 1 × ATR from the previous swing point.
This filters out minor fluctuations.
3. Exhaustion Conditions (at least 2 out of 3 must be met)
RSI Extreme: RSI > Overbought Level (default: 80) for bearish signals, RSI < Oversold Level (default: 20) for bullish signals.
Volume Spike: Volume > SMA(Volume, Volume SMA Length) × Volume Spike Multiplier.
Candle Wick Rejection: Upper wick ≥ Wick Threshold % for bearish setups, Lower wick ≥ Wick Threshold % for bullish setups.
4. Trend Filter
ADX > ADX Threshold ensures the market is trending and filters out sideways conditions.
5. Candle Body Filter
Candle body must be ≥ Body Size ATR Factor × ATR.
This avoids weak signals from small candles or doji formations.
📈 How to Use
Bearish Signal:
Appears at fresh swing highs with exhaustion conditions met. Useful for tightening stops, taking partial profits, or counter-trend shorts.
Bullish Signal:
Appears at fresh swing lows with exhaustion conditions met. Useful for trailing stops, profit-taking, or counter-trend longs.
Recommended Timeframes: Works best on 1h, 4h, and Daily charts.
Markets: Crypto, Forex, Stocks — wherever volatility and trends are present.
⚙️ Inputs
RSI Length / Overbought / Oversold
Volume SMA Length & Volume Spike Multiplier
Wick Threshold %
Extremum Lookback (bars for highs/lows)
ADX Length & Threshold
Body Size ATR Factor
⚠️ Disclaimer
This script is for educational purposes only and does not constitute financial advice.
Always test thoroughly and apply proper risk management before live trading.
💡 Tip: Combine this tool with your own market context and confluence factors for higher probability setups.
Smart SetupHelp to find out best entry and exit
Opening range breakout setup
Previous high low daily weekly monthly
Pivot point
Moving averages
Smart Directional Fib Zone (Selectable Session)🎯 Overview
This indicator plots a dynamic Fibonacci zone between the 0.5 and 0.618 levels , calculated from the previous day’s price action , and is designed specifically for intraday traders.
It visually highlights key retracement or reaction areas where the market often pauses or reverses.
🔍 How it works
At the start of each day, the script automatically captures:
the previous day’s open (pdo),
high (pdh),
low (pdl),
and close (pdc).
It then determines if the previous day was bullish (Close > Open) or bearish (Close < Open).
Based on that:
If the previous day was bullish, it projects the Fibonacci levels down from the high (typical for expecting retracements).
If bearish, it projects them up from the low.
The two key levels are:
0.5 (50%) retracement / projection
0.618 (61.8%) retracement / projection
A colored zone is plotted between these levels to act as a leading guide for intraday setups.
⏰ Time filtering & session customization
A unique feature is the dynamic session filtering:
By default, the zone is only plotted during active market hours, keeping your chart clean outside trading hours.
The script provides a dropdown selector so you can quickly switch between:
India session (9:15 to 15:30)
Europe session (9:00 to 17:30)
US session (9:30 to 16:00)
Or even define your own custom session times.
This makes it ideal for intraday traders in any region.
🎨 Visual features
The fill zone changes color based on the previous day’s sentiment:
Green zone if the previous day was bullish
Red zone if the previous day was bearish
🚨 Alerts
The script includes an alert condition, so you can easily set up TradingView alerts to notify you when:
Price enters the Fibonacci zone.
This is extremely helpful for catching retracements or reversals without staring at the screen all day.
⚙️ How to use
✅ Works on any intraday timeframe (1 min, 5 min, 15 min, etc.).
✅ Simply add it to your chart, pick your session in the dropdown, and watch the Fibonacci zone automatically adjust to your selected market hours.
Use it as a confluence tool alongside other indicators like VWAP, EMAs, Bollinger Bands, or price action patterns to time entries and exits.
💪 Why this is powerful
This is more than a simple Fib retracement tool:
It dynamically adapts to the previous day’s sentiment, helping you trade in alignment with recent market psychology.
The session filtering ensures your charts are focused only on the periods
Smart S/R ZonesThis is not your average S/R script.
It combines proximity, bounce frequency, and volume clustering to automatically identify the most reliable support and resistance zones on your chart — no guesswork needed.
How It Works:
• Scans for recent highs/lows, SMA50 & SMA200, and pivot swing points
• Ranks each potential level using a weighted scoring system:
• Proximity to current price (50%)
• Bounce Count (30%) — how many times price respected that level
• Volume Score (20%) — how much volume traded around that level
• The top support and resistance levels are plotted with:
• Clear dashed lines
• Color-filled zones
• Simple percentage distance labels
Why This Script Stands Out:
• No settings to tweak — it just works
• Helps you react faster with high-confidence levels
• Adapts to any market: crypto, forex, stocks, indexes
• Ideal for both intraday and swing trading setups
Built-in Intelligence. Clean Visuals. Zero Noise.
DXY-XAUUSD Correlation with ThresholdsIndicator Description: "DXY-XAUUSD Correlation with Thresholds"
This indicator tracks the dynamic correlation between the US Dollar Index (DXY) and gold prices (XAUUSD) over a user-defined period, expressed as a percentage. It calculates the rolling correlation coefficient between the closing prices of these two assets, scaled to ±100%, and visualizes it as a histogram.
Key Features:
Adjustable correlation period (default: 30 bars) and configurable positive/negative thresholds (default: ±70%).
Color-coded histogram: Intense green/red highlights correlations exceeding thresholds, signaling strong positive/negative relationships.
Horizontal dotted lines mark threshold levels, aiding in identifying overextended "overbought" or "oversold" correlation conditions.
An info table displays the current correlation value and active thresholds for quick reference.
Designed for traders analyzing the inverse relationship between the dollar and gold, this tool helps spot periods of extreme correlation divergence or convergence. The visual alerts and customizable parameters make it adaptable to various trading strategies and timeframes.
Note: The indicator is plotted in a separate pane (non-overlay) for clarity.
Smart Mean Reversion DashboardThis indicator is designed to help traders identify potential mean reversion opportunities using a combination of Bollinger Bands, RSI, and deviation from the moving average. It provides a clean, visually appealing dashboard that displays key metrics and signals in real-time.
How to Read and Use:
Deviation from Mean:
Displays the percentage deviation of the current price from the moving average.
A high positive or negative deviation may indicate overextension and a potential mean reversion opportunity.
Bollinger Band Status:
Indicates whether the price is inside or outside the Bollinger Bands.
"Outside Upper" suggests overbought conditions, while "Outside Lower" suggests oversold conditions.
RSI Status:
Shows whether the RSI is in overbought (>70), oversold (<30), or neutral conditions.
Overbought and oversold levels can confirm potential reversal zones.
Signal:
BUY: Triggered when the price is outside the lower Bollinger Band and RSI is in the oversold zone.
SELL: Triggered when the price is outside the upper Bollinger Band and RSI is in the overbought zone.
WAIT: No clear signal; wait for better conditions.
Important Notes:
This is NOT a buy or sell recommendation. This indicator is a tool to assist in identifying potential trading opportunities. Always use it in conjunction with your own analysis and risk management.
The signals generated by this indicator are based on historical data and do not guarantee future performance.
It is recommended to use this indicator alongside other technical analysis tools and confirm signals with price action or other strategies.
Features:
Dashboard: Displays deviation, Bollinger Band status, RSI status, and signals in a clean, movable interface.
Customizable Settings: Adjust Bollinger Band length, RSI length, and moving average length to suit your trading style.
Visual Enhancements: Color-coded signals and metrics for easy interpretation in both light and dark modes.
Disclaimer:
Trading involves significant risk, and past performance is not indicative of future results. This indicator is for educational purposes only and should not be considered financial advice. Always consult with a financial advisor before making trading decisions.
Time Marker Pro: Vertical Line at Key Times)Smart Vertical Line at Specific Time (with Timezone, Color, and Width Controls)
This script draws a vertical line on your chart at a user-defined time once per day, based on the selected timezone.
🕒 Key Features:
Set your target hour and minute
Choose from a list of common timezones (Tehran, UTC, New York, etc.)
Customize the line color and thickness
Works across all intraday timeframes (1min, 5min, 15min, etc.)
Adjusts automatically to bar intervals — no need for exact time matching
This is perfect for traders who want to:
Highlight the start of a session
Mark specific news times, breakouts, or routine entries
Visualize key time-based levels on the chart
Smart VolumeThis script introduces a unique approach to volume analysis by combining three critical components that work together to identify institutional activity:
1. Adaptive Volume Analysis
- Automatically calculates significant volume thresholds specific to each stock (current bar volume compared to the average of previous 6 bars)
- Unlike standard indicators using fixed multipliers (like 2x average volume), this adapts to each stock's unique trading characteristics
- Example: A 2x volume spike might be significant for AAPL but irrelevant for a volatile small-cap
2. Volume Contraction Pattern (VCP) Detection
- Identifies periods of decreasing volume with precise criteria:
• Requires 6+ consecutive periods of declining volume
• Volume must compress by at least 20% from peak
• Price must remain within a defined channel
- Automatically detects completion of compression patterns
3. RVM (Relative Volatility Measure) Integration
- Measures current volatility against historical averages
- Identifies low-volatility periods that often precede major moves
- When combined with volume compression, signals higher probability setups
How Components Work Together:
- Volume spikes are evaluated against stock-specific thresholds
- VCP detection runs continuously to identify compression patterns
- RVM confirms volatility contraction aligned with volume compression
- When all three align, the indicator signals potential breakout entry
Usage:
1. Monitor volume bars for spikes above adaptive thresholds (bright green/red)|
2. Monitor average volume line turning from white to green indicating volume contraction (the brighter the green the more contraction happened)
2. Watch for green shading at the zero-line indicating volatility compression (RVM)
3. Use the statistics table for more insights
Original Features:
- First indicator to combine adaptive volume thresholds with VCP detection
- Implements stock-specific volume analysis instead of fixed multipliers
- Integrates volatility confirmation with volume patterns
- Provides real-time statistical analysis of compression patterns
Best suited for daily timeframes on liquid stocks where institutional activity is most visible.
Note: While patterns suggest potential moves, always confirm with price action before trading.
Video:
Smart Money Concept + Strategy Backtesting Toolkit [Shah]This indicator, primarily designed for strategy backtest. It’s important to emphasize that the orders generated by this indicator are in the form of stop-limit orders .
For Long setup , When lower lows and lower highs form, after price moving up from the last higher high, a “change of character” occurs. Entry will takes place in the golden zone.
This the Long setup:
And this is the Long setup Example on chart:
For Short setup , When higher lows and higher highs form after the price moves down from the last higher low, a “change of character” occurs. Entry will take place within the golden zone.
This the Short setup:
And this is the Short setup Example on chart:
Key Features:
Date Period:
Users can customize the date period during which the strategy is tested, allowing for a more granular analysis of performance over specific timeframes.
DCA Entry:
Entry is based on Fibonacci level between the Lower Low and Higher High pivots for Long deals .
Entry is based on Fibonacci level between the Higher High and Lower Low pivots for Short deals .
Allowing a second entry with a specified position size
Entering at a different price based on a Percent or ATR change.
There is a feature that If the risk-to-reward ratio is below the specified input (rr), the trading deal wont initiate, and the signal alert wont be triggered.
Stop Loss:
Adjustable based on Fibonacci levels , Percent and ATR.
The percent and ATR is calculate from LL pivot point for Long and HH pivot point for short (not Entry price)’
Targets:
Adjustable based on Source, Fibonacci levels , Percent and ATR.
Source indicates the maximum (minimum) value between the open and close of the candle where the Higher High (Lower Low) pivot point was formed for Long (Short) deals.
Percent and ATR calculates from Entry 1 Price
There is a feature that closes the part of the position size at Target 1 based on a percentage, leaving the rest to close at Target 2, entry, exit price, or stop loss.
Plots:
The visual representation of the indicator includes the key plots:
Reset Deal Calculation Fibonacci Level
Alert Fire Fibonacci Level
Entry 1
Entry 2
Entry Average
Stop Loss
Target 1
Target 2
Labels:
Displays informative labels upon trade open and close, providing details about each transaction like gain and equity and etc.
Risk Management:
Allows setting initial capital, risk per trade, and commission for each transaction.
Score Table:
Provides statistical information for Regular deals (refers to deals that closed in Target price or Stop loss price) and Exited deals (representing deals that didn’t touch the stop loss or targets.):
Number of trades
Win rate
Profit factor
Average Risk to Reward ratio
Total Profit and Loss (PnL)
Commission paid
Live equity
It should note that Winrate calculated based on closed deals at target or stop loss. (Exited trades doesn’t into account in calculation of Winrate)
Exit Methods :
The goal is to offer users a diverse set of exits before the price touches the target or stop loss.
1. Pending Entry Time-out
cancel pending entry based on candle counting since alert fired. (before deal started)
2. Break Even
If Target 2 is reached, the stop loss automatically adjusts to the entry price.
3. Active Deal Reverse
If a deal (long or short position) is currently open, and the reverse signal is emitted, the script will close the existing deal.
4. Reverse Deal Exit
If a deal (long or short position) is currently open, and the reverse signal is emitted, the script will automatically close the existing deal.
5. Move Exit
With this method, if Entry 2 is triggered, the deal will be closed when the price touches the Entry price.
6. Candle Counting Exit
This exit type is based on the number of candles since the deal started.
7. Profit Zone Shield Exit
Once a deal enters profit, the Exit level moves to the entry level after reaching a Fibonacci level between TP1 and Entry 1.
Deep Backtesting Table:
It includes:
Time period of the backtest
Pair name and timeframe
Count the long and short trades
Win streak and loss streak
Total deal chances and missed chances
Count the deals goes directly from entry 1 to tp1 and entry 2 to tp1
Count the deals that touched entry 2 and entry 2 filled percent
Count the number of each exit type
Other statistics such as CAGR, Sharpe, Kurtosis, Skewness, and Max Drawdown.
Smart money conceptThe indicator tracks the smallest movements of price action. It can monitor and analyze market context, attempting to identify trends within each time frame.
If a candle has its entire body above the previous swing high, it indicates a strong upward momentum. The market is leaning towards an upward direction. If the candle remains within the range of the previous swing high, it signifies weak upward momentum. The market is reluctant to move higher.
If a candle has its entire body below the previous swing low, it reflects a strong downward momentum. The market is leaning towards a downward direction. If the candle remains within the range of the previous swing low, it indicates weak downward momentum. The market is reluctant to move lower.
Master Trend ReversalThe 'Master Trend Reversal' strategy is an innovative approach to detecting trend reversals in the market. This strategy harnesses the power of 'Pin Bars', a specific type of candlestick, to pinpoint potential trading opportunities.
Based on the properties of Pin Bars, this strategy identifies scenarios where the market is likely to reverse its trend. In particular, it seeks out Pin Bars that are significantly longer than their surrounding candles, a length determined by the 'Pin Bar Size (%)' parameter.
When a bullish Pin Bar is detected (i.e., the closing price is lower than the opening price, and the gap between the opening and low prices exceeds the specified Pin Bar size), the strategy goes long. Conversely, upon identifying a bearish Pin Bar (the closing price is higher than the opening price, and the difference between the high and opening prices is greater than the specified Pin Bar size), the strategy goes short.
Furthermore, 'Master Trend Reversal' incorporates an efficient risk management mechanism via stop-loss orders. The stop-loss level is calculated based on the average price of the position and the 'Stop Loss Percentage (%)' as specified by the user.
Hence, the 'Master Trend Reversal' strategy offers a unique approach to capitalize on market trend reversals while limiting potential losses through the use of stop-loss orders. This combination of precise trend reversal detection and robust risk management makes this strategy particularly useful for traders seeking to maximize their profits while effectively controlling their risk exposure.
Please remember that, like any trading strategy, 'Master Trend Reversal' does not guarantee success and should be used as part of a holistic risk management approach in the markets.
Smart Support & Resistance(My goal creating this indicator): Provide a way to categorize and label key structures on multiple different levels so I can create a plan based on those observable facts.
The Underlying Concept / What is Momentum?
Momentum indicates transaction pressure. If the algorithm detects price is going up, that would be considered positive momentum. If the algorithm detects price is going down negative momentum would be detected.
The Momentum shown is derived from a price action pattern. Unlike my previous Support & Resistance indicator that used Super Trend, this indicator uses a unique pattern I created. On the first bar bearish momentum is detected a resistance Level is made at the highest point of the previous bullish condition. On the first bar bullish momentum is detected a support Level is made at the lowest point of the previous bearish condition. This happens on 5 different Momentum Levels, (short-term to long-term). I currently use this pattern to trade so the source code is protected.
What is Severity?
Severity is How we differentiate the importance of different Highs and Lows. If Momentum is detected on a higher level the Supply or Demand Level is updated. The Color and Size representing that Level will be shown. Demand and Supply Levels made by higher levels are more SEVERE than a demand level made by a lower level.
Technical Inputs
- to ensure the correct calculation of Support and Resistance levels change BAR_INDEX. BAR_INDEX creates a buffer at the start of the chart. For example: If you set BAR_INDEX to 300. The script will wait for 300 bars to elapse on the current chart before running. This allows the script more time to gather data. Which is needed in order for our dynamic lookback length to never return an error (Dynamic lookback length can't be negative or zero). The lower the timeframe the greater the number of bars need. For Example, if I open up a 1min chart I would enter 5000 as my BAR_INDEX since that will provide enough data to ensure the correct calculation of Support and Resistance levels. If I was on a daily chart, I would enter a lower number such as 800. Don't be afraid to play around with this.
- Toggle options (Close) or (High & Low) creates Support and Resistance Levels using the Lowest close and Highest close or using the Lowest low and Highest high.
Level Inputs
- The indicator has 5 Different Levels indicating SEVEREITY of a Supply and Demand Levels. The higher the Level the more SEVERE the Level.
Display Inputs
- You have the option to customize the Length, Width, Line Style, and Colors of all 5 different
- This indicator includes a Trend Chart. To Easily verify the current trend of any displayed by this indicator toggle on Chart On/Off. You also get the option to change the Chart Position and the size of the Trend Chart
How Trend Is being Determined?
(Close > Current Supply Level) if this statement is true technically price made a HH, so the trend is bullish.
(Close < Current Demand Level) if this statement is true technically price made a LL, so the trend is bearish.
- Fully customize how you display Market Structure on different levels. Line Length, Line Width, Line Style, and Line color can all be customized.
How it can be used?
(Examples of Different ways you can use this indicator): Easily categorize the severity of each and every Supply or Demand Level in the market (The higher Level the stronger the level)
: Quickly Determine the trend of any Level.
: Get a consistent view of a market and how different Levels are behaving but just use one chart.
: Take the discretion from hand drawing support and resistance lines out of your trading.
: Find and categorize strong levels for potential breakouts.
: Trend Analysis, use Levels to create a narrative based on observable facts from these Levels.
: Different Targets to take money off the table.
: Use Severity to differentiate between different trend line setups.
: Find Great places to move your stop loss too.
Smc Best Time Zone [VINO]smart money concepts
best time zone For Scalping
This Time Enter Trade
Best Move Market
Smart Reg channel [monpotejulien]This indicator calculates an adaptative regression channel over a specified period or interval.
Resources:
rosettacode.org
en.wikipedia.org
Smart ColorThis script color bars to filter the noise.
If the bar color is green, the price is either ranging or going up so we considere that the momentum is for longs
If the bar color is red, the price is either ranging or going down so we considere that the momentum is for shorts
I use this indicator in 3 ways.
In confirmation with other indicators to get early in a trade. Let's say I see a short divergence and i want to enter only when the momentum is going down. So i will wait that bar color pass to red to enter in a position.
I can also use this indicator alone, but if i do so, since i am more a counter trend trader, i will first wait a lower low with a nice % of variation for the past series of the same color, so when it will change color, there is a higher chance that the price retrace more % and my profit target have more chance to be hit.
And the last way I use this indicator is to exit a position at a "better price". In profit : Let's say i am long and i am fine with the profit i have.Then I decide to put my profit target 0.5% above the actual price. But if the bar color change to red, i will close my trade even if my target is not hit. In loss : Let's say i have a trade with negative PNL and the bar color just changed in my direction. So at the place of taking a loss right now, i will wait the potential little upward, and whenever the barcolor will change again against me, I will close it here. It is just a little optimisation. But the sum of all little optimisation is decent
How to parameter this script?
To parameter it you need to understand how it works. If you have too many variation of colors. It means there is too much noise.
There is an input that you can change to filter the level of noise you want to filter. The defval = 5, step = 1 ,minval = 1, maxval =100.
So from defval, up it up to a level in which noise is filtered ; a level in which candle succession of the same color does a nice % variation.
NiGapo Notes / Remember Rules / Anchored TextThis is a notes indicator.
You can customize up to 15 lines.
You can use different textsize and customize the background and font color.
You can also disable/enable or choose different border width.
Smart Money Flow v.2.0 BY Stock_InshotsThis Indicator is made by combination of indicators as follows
1) Super Trend - Period 15,2.5
Signal Filtered on the closing basis of SMA High 20 for strength
2) Simple Moving Average - period 50
In which Purple indicates Uptrend
Orange Indicates down trend
3) Bill William's Fractal - This indicator indicates important candle for formation of swing of High or low with Triangle shape at the bottom & top on the chart .
After Signal one can wait for fractal candle formation also for Big risk reward Ration
Buy Setup : After signal Try to place long order near Sma50
Sell Setup : After signal Try to place Short order near Sma50
If missed wait for next Signal , Don't Run behind Price
Keep Trailing Your Stop loss with ATR Values
Note : Nothing is 100% , You may customize this indicator according to your values .
Best to use with other momentum / strength indicator before taking positions
Like RSI / Support & Resistance Levels
For Targets use BB% levels / Pivot Points / Fibonacci levels / Nearest Demand & Supply Zone
Thanks to the Trading view as i used open Source Codes in combination of this indicator. it helped a lot .
Feedback will be welcomed .
Refer Image
SMART indicatorThis script combines the usage of the SMA and ATR indicator in order to provide signals for opening and closing trades, either buy or sell signals. It uses SMA and ATR, both configurable by the users.
The trigger of Buy and Sell Signals are calculated through the SMA and ATR:
* Buy Signals: They are highlighted by a dark green background area.
* Sell Signals: They are highlighted by a dark red background area.
The trigger of Close Buy and Close Sell Signals are calculated through current price using SMA and ATR:
* Close Buy Signals: The fast SMA crosses under the close price and at the same time the trend is bullish. They are highlighted by a lighter green area.
* Close Sell Signals: The fast SMA crosses over the close price and at the same time the trend is bearish. They are highlighted by a lighter red area
Few important points about the indicator and the produced signals:
* This is not intended to be a strategy, but an indicator for analyzing the market conditions. It gives you the triggers depending on the real time analysis of the prices, but not being a proper strategy, pay attention about "fake signals" and add always a visual analysis to the provided signals
* Following this indicator, the trade positions should be opened only when background color appears GREEN. Either in this case, analyze the chart in order to see if the signals are "weak" ones, due to "waves" around the SMA . In these cases, you might wait for the next confirmation signals after the waves, when the trend will be better defined
* The close trade signals are provided in order to help to understand when you should close the buy or sell trades. Even in this case, always add a visual analysis to the signals, and pay attention to the support/resistance areas. Sometimes, you can have the close signals in correspondence to support/resistance areas: in these cases wait for the definition of the trend and eventually for the next close trade signals if they will be better defined
Final Notes
* Indicator will show Trend, Pullback, Market bounce and some support and resistance level.
