Yelober - Intraday ETF Dashboard# How to Read the Yelober Intraday ETF Dashboard
The Intraday ETF Dashboard provides a powerful at-a-glance view of sector performance and trading opportunities. Here's how to interpret and use the information:
## Basic Dashboard Reading
### Color-Coding System
- **Green values**: Positive performance or bullish signals
- **Red values**: Negative performance or bearish signals
- **Symbol colors**: Green = buy signal, Red = sell signal, Gray = neutral
### Example 1: Identifying Strong Sectors
If you see XLF (Financials) with:
- Day % showing +2.65% (green background)
- Symbol in green color
- RSI of 58 (not overbought)
**Interpretation**: Financial sector is showing strength and momentum without being overextended. Consider long positions in top financial stocks like JPM or BAC.
### Example 2: Spotting Weakness
If you see XLK (Technology) with:
- Day % showing -1.20% (red background)
- Week % showing -3.50% (red background)
- Symbol in red color
- RSI of 35 (approaching oversold)
**Interpretation**: Technology sector is showing weakness across multiple timeframes. Consider avoiding tech stocks or taking short positions in names like MSFT or AAPL, but be cautious as the low RSI suggests a bounce may be coming.
## Advanced Interpretations
### Example 3: Sector Rotation Detection
If you observe:
- XLE (Energy) showing +2.10% while XLK (Technology) showing -1.50%
- Both sectors' Week % values showing the opposite trend
**Interpretation**: This suggests money is rotating out of technology into energy stocks. This rotation pattern is actionable - consider reducing tech exposure and increasing energy positions (look at XOM, CVX in the Top Stocks column).
### Example 4: RSI Divergences
If you see XLU (Utilities) with:
- Day % showing +0.50% (small positive)
- RSI showing 72 (overbought, red background)
**Interpretation**: Despite positive performance, the high RSI suggests the sector is overextended. This divergence between price and indicator suggests caution - the rally in utilities may be running out of steam.
### Example 5: Relative Strength in Weak Markets
If SPY shows -1.20% but XLP (Consumer Staples) shows +0.30%:
**Interpretation**: Consumer staples are showing defensive strength during market weakness. This is typical risk-off behavior. Consider defensive positions in stocks like PG, KO, or PEP for protection.
## Practical Application Scenarios
### Day Trading Setup
1. **Morning Market Assessment**:
- Check which sectors are green pre-market
- Focus on sectors with Day % > 1% and RSI between 40-70
- Identify 2-3 stocks from the Top Stocks column of the strongest sector
2. **Midday Reversal Hunting**:
- Look for sectors with symbol color changing from red to green
- Confirm with RSI moving away from extremes
- Trade stocks from that sector showing similar pattern changes
### Swing Trading Application
1. **Trend Following**:
- Identify sectors with positive Day % and Week %
- Look for RSI values in uptrend but not overbought (45-65)
- Enter positions in top stocks from these sectors, using daily charts for confirmation
2. **Contrarian Setups**:
- Find sectors with deeply negative Day % but RSI < 30
- Look for divergence (price making new lows but RSI rising)
- Consider counter-trend positions in the stronger stocks within these oversold sectors
## Reading Special Conditions
### Example 6: Risk-Off Environment
If you observe:
- XLP (Consumer Staples) and XLU (Utilities) both green
- XLK (Technology) and XLY (Consumer Disc) both red
- SPY slightly negative
**Interpretation**: Classic risk-off rotation. Investors are moving to safety. Consider defensive positioning and reducing exposure to growth sectors.
### Example 7: Market Breadth Analysis
Count the number of sectors in green vs. red:
- If 7+ sectors are green: Strong bullish breadth, consider aggressive long positioning
- If 7+ sectors are red: Weak market breadth, consider defensive positioning or shorts
- If evenly split: Market is indecisive, focus on specific sector strength instead of broad market exposure
Remember that this dashboard is most effective when combined with broader market analysis and appropriate risk management strategies.
Поиск скриптов по запросу "上证综指etf"
BTC ETF Flow Trading SignalsTracks large money flows (500M+) across major Bitcoin ETFs (IBIT, BTCO, FBTC, ARKB, BITB)
Generates long/short signals based on institutional money movement
Shows flow trends and strength of movements
This script provides a foundation for comparing ETF inflows and Bitcoin price. The effectiveness of the analysis depends on the quality of the data and your interpretation of the results. Key levels of 500M and 350M Inflow/Outflow Enjoy
Collaboration with Vivid Vibrations
Enjoy & improve!
Economic Growth Index (XLY/XLP)Keeping an eye on the macroeconomic environment is an essential part of a successful investing and trading strategy. Piecing together and analysing its complex patterns are important to detect probable changing trends. This may seem complicated, or even better left to experts and gurus, but it’s made a whole lot easier by this indicator, the Economic Growth Index (EGI).
Common sense shows that in an expanding economy, consumers have access to cash and credit in the form of disposable income, and spend it on all sorts of goods, but mainly crap they don’t need (consumer discretionary items). Companies making these goods do well in this phase of the economy, and can charge well for their products.
Conversely, in a contracting economy, disposable income and credit dry up, so demand for consumer discretionary products slows, because people have no choice but to spend what they have on essential goods. Now, companies making staple goods do well, and keep their pricing power.
These dynamics are represented in EGI, which plots the Rate of Change of the Consumer Discretionary ETF (XLY) in relation to the Consumer Staples ETF (XLP). Put simply, green is an expanding phase of the economy, and red shrinking. The signal line is the market, a smoothed RSI of the S&P500. Run this on a Daily timeframe or higher. Check it occasionally to see where the smart money is heading.
Blackrock Spot ETF Premium BTCUSD (COINBASE) V1I created an indicator that takes the spot BTC/USD pair from major exchanges and compares it to the Spot BTC/USD pair on Coinbase that institutions will use for their Spot ETFs.
Blackrock Spot ETF Premium BTCUSD (COINBASE)
I suspect we will see a new "Kimchi Premium" where the Spot ETF pressures from institutions will raise the Coinbase Bitcoin price by a factor of 10-50% premium to the other exchanges.
Naturally excess coins from other exchanges will flow into Coinbase to capture this.
This indicator should be good for some time until one of the other exchanges delist or stop using BTCUSD "spot" If it breaks it I will update it if I remember.
FederalXBT,
Convert ETF to Futures/IndexThis indicator is used to automatically map an ETF's VWAP and 10 levels above and below the strike of your choice, to the futures or index instrument currently being viewed/traded. This works very well when using both SPY to ES/MES/SPX or QQQ to NQ/MNQ/NDX to plot the ETF strikes and can lead to some incredible trades, especially when trading level to level. Since SPY, QQQ, IWM, and DIA have the same price action as their futures iteration, there seems to be a direct correlation between their levels and VWAP . This indicator is made to easily map these key levels to the appropriate futures instrument. If you have a way to measure GEX centered around a certain level, I recommend color coding the lines to help indicate whether the level will have strong positive or negative gamma hedging associated with it.
NIFTY / BANKNIFTY ETF SIP NOTIFIERNIFTY / BANKNIFTY - ETF SIP NOTIFIER
STUDY concept -
- As a market investor, one cannot time the market.
- Specailly, working professionals and job holders don't have time for market tracking.
- The idea of the script is - When Nifty closes below 2% previous day high, market has corrected and it's available at a discount w.r.t. previous day
- One can then invest in NIFTY / BANKNIFTY via ETF option on same or next day.
- If you like this idea, Save this script and add alert condition of this script in NIFTY / BANKNIFTY chart.
- One can get notification on TradingView mobile app or via email when the criteria is met.
- Logic can be applied to investing in INDEXES , NIFTY, BANKNIFTY.
Logic may be improved later.
NOTE - Investing is a serious and risky business. Profit / Loss from this investing idea is sole responsibility of the investor. This script is for education and learning purpose.
Oil ETF VolumeDirexxion Daily has both 'bear' and 'bull' oil ETFs. This tracks the volume in both combined. It also tracks them individually: the bear ETF is the red line, and bull the green.
NOTE: the color of the volume bars is determined by whatever ticker you're currently looking at, and whether current close is gt/lt previous close. It is intended to be used while looking at the USOIL chart. The colors will be inverted if you're looking at the 'bear' ETF! as the higher closes will actually mean price is going down :D
Leveraged ETF Volume Ratio3x/2x Long/short etf pairs for popular tickers, including TSLA, QQQ, META, PLTR... Extreme values indicate bullish/bearish sentiment.
Standardized Leveraged ETF Fund of FlowsThis indicator tracks and standardizes the 3-month fund flows of major leveraged ETFs across different asset classes, including equities, gold, and bonds.
The fund flows are summed over a 3-month period (63 trading days) and then standardized using a 500-day rolling mean and standard deviation.
The resulting normalized fund flow values are plotted in three distinct colors:
Blue for Equities Fund Flows
Yellow for Gold Fund Flows
Green for Bond Fund Flows
CE - 42MACRO Fixed Income and Macro This is Part 2 of 2 from the 42MACRO Recreation Series
However, there will be a bonus Indicator coming soon!
The CE - 42MACRO Fixed Income and Macro Table is a next level Macroeconomic and market analysis indicator.
It aims to provide a probabilistic insight into the market realized GRID Macro regimes,
track a multiplex of important Assets, Indices, Bonds and ETF's to derive extra market insights by showing the most important aggregates and their performance over multiple timeframes... and what that might mean for the whole market direction.
For traders and especially investors, the unique functionalities will be of high value.
Quick guide on how to use it:
docs.google.com
WARNING
By the nature of the macro regimes, the outcomes are more accurate over longer Chart Timeframes (Week to Months).
However, it is also a valuable tool to form an advanced,
market realized, short to medium term bias.
NOTE
This Indicator is intended to be used alongside the 1nd part "CE - 42MACRO Equity Factor"
for a more wholistic approach and higher accuracy.
Methodology:
The Equity Factor Table tracks specifically chosen Assets to identify their performance and add the combined performances together to visualize 42MACRO's GRID Equity Model.
For this it uses the below Assets:
Convertibles ( AMEX:CWB )
Leveraged Loans ( AMEX:BKLN )
High Yield Credit ( AMEX:HYG )
Preferreds ( NASDAQ:PFF )
Emerging Market US$ Bonds ( NASDAQ:EMB )
Long Bond ( NASDAQ:TLT )
5-10yr Treasurys ( NASDAQ:IEF )
5-10yr TIPS ( AMEX:TIP )
0-5yr TIPS ( AMEX:STIP )
EM Local Currency Bonds ( AMEX:EMLC )
BDCs ( AMEX:BIZD )
Barclays Agg ( AMEX:AGG )
Investment Grade Credit ( AMEX:LQD )
MBS ( NASDAQ:MBB )
1-3yr Treasurys ( NASDAQ:SHY )
Bitcoin ( AMEX:BITO )
Industrial Metals ( AMEX:DBB )
Commodities ( AMEX:DBC )
Gold ( AMEX:GLD )
Equity Volatility ( AMEX:VIXM )
Interest Rate Volatility ( AMEX:PFIX )
Energy ( AMEX:USO )
Precious Metals ( AMEX:DBP )
Agriculture ( AMEX:DBA )
US Dollar ( AMEX:UUP )
Inverse US Dollar ( AMEX:UDN )
Functionalities:
Fixed Income and Macro Table
Shows relative market Asset performance
Comes with different Calculation options like RoC,
Sharpe ratio, Sortino ratio, Omega ratio and Normalization
Allows for advanced market (health) performance
Provides the calculated, realized GRID market regimes
Informs about "Risk ON" and "Risk OFF" market states
Visuals - for your best experience only use one (+ BarColoring) at a time:
You can visualize all important metrics:
- GRID regimes of the currently chosen calculation type
- Risk On/Risk Off with background colouring and additional +1/-1 values
- a smoother GRID model
- a smoother Risk On/ Risk Off metric
- Barcoloring for enabled metric of the above
If you have more suggestions, please write me
Fixed Income and Macro:
The visualisation of the relative performance of the different assets provides valuable information about the current market environment and the actual market performance.
It furthermore makes it possible to obtain a deeper understanding of how the interconnected market works and makes it simple to identify the actual market direction,
thus also providing all the information to derive overall market health, market strength or weakness.
Utility:
The Fixed Income and Macro Table is divided in 4 Columns which are the GRID regimes:
Economic Growth:
Goldilocks
Reflation
Economic Contraction:
Inflation
Deflation
Top 5 Fixed Income/ Macro Factors:
Are the values green for a specific Column?
If so then the market reflects the corresponding GRID behavior.
Bottom 5 Fixed Income/ Macro Factors:
Are the values red for a specific Column?
If so then the market reflects the corresponding GRID behavior.
So if we have Goldilocks as current regime we would see green values in the Top 5 Goldilocks Cells and red values in the Bottom 5 Goldilocks Cells.
You will find that Reflation will look similar, as it is also a sign of Economic Growth.
Same is the case for the two Contraction regimes.
******
This Indicator again is based to a majority on 42MACRO's models.
I only brought them into TV and added things on top of it.
If you have questions or need a more in-depth guide DM me.
GM
RSI - S&P Sector ETFsThe script displays RSI of each S&P SPDR Sector ETF
XLB - Materials
XLC - Communications
XLE - Energy
XLF - Financials
XLI - Industrials
XLK - Technology
XLP - Consumer Staples
XLRE - Real Estate
XLU - Utilities
XLV - Healthcare
XLY - Consumer Discretionary
It is meant to identify changes in sector rotation, compare oversold/overbought signals of each sector, and/or any price momentum trading strategy applicable to a trader.
InfoPanel - SeasonalityThis panel will show which is the best month to buy a stock, index or ETF or even a cryptocurrency in the past 5 years.
Script to use only with MONTHLY timeframe.
Thanks to: RicardoSantos for his hard work.
Please use comment section for any feedback.
4/8/15 EMA Overlaya simple script to overlay your 4/8/15. If it clears the 8, it usually will raise. If it stays entangled with the 4/8, it rarely breaks above.
HTF MACD Dual Zero Cross + First EMA PullbackThis script aims to get the trader on the right side of the momentum and get better entries by only alerting when price pulls back to the trader's specified EMA.
This script isnt meant to catch tops or bottoms but to trade with the momentum once it starts.
This script will alert whe nthe MACD and signal line both cross the zero line, after that the script waits for price to make a pullback and then alet either a sell or buy. Ive found this works best when you trade with the trend on a higher timeframe.
You can use whatever MACD settings you prefer and really customize this to the asset youre trading.
You can also change whether you get an alert based on a wick touch of the EMA or a candle close.
Large Order DetectionHow It Works:
Green diamonds appear below bullish candles (close > open) when large volume is detected
Red diamonds appear above bearish candles (close < open) when large volume is detected
Diamond size scales based on how much larger the volume is compared to the average:
Smallest: 2-2.5x average volume
Medium: 2.5-4x average volume
Larger: 4-6x average volume
Largest: 6x+ average volume
Features:
Customizable threshold - Default is 2x average volume, but you can adjust this
Adjustable lookback - Default 50 bars for calculating average volume
Size range control - Set minimum and maximum diamond sizes
Subtle background highlight - Shows when large orders occur
Built-in alerts - Can notify you when large orders are detected
Usage Tips:
Lower timeframes (1-5min) will show more frequent large orders
Increase threshold multiplier (2.5-3.0x) on high-volume assets to reduce noise
Watch for clusters of same-colored diamonds = strong directional pressure
Red diamonds at resistance + bearish EMAs = strong sell signal
Green diamonds at support + bullish EMAs = strong buy signal
Force DashboardScalping Dashboard - Complete User Guide
Overview
This scalping system consists of two complementary TradingView indicators designed for intraday trading with no overnight holds:
Force Dashboard - Single-row table showing real-time market bias and entry signals
Large Order Detection - Visual diamonds showing institutional order flow
Together, they provide a complete at-a-glance view of market conditions optimized for quick entries and exits.
Recommended Timeframes
Primary Scalping Timeframes
1-minute chart: Ultra-fast scalps (30 seconds - 3 minutes hold time)
2-minute chart: Quick scalps (2-5 minutes hold time)
5-minute chart: Standard scalps (5-15 minutes hold time)
Best Practices
Use 1-2 minute for highly liquid instruments (ES, NQ, major forex pairs)
Use 5-minute for less liquid markets or if you prefer fewer signals
Never hold past the last hour of trading to avoid overnight risk
Set hard stop times (e.g., exit all positions by 3:45 PM EST)
Dashboard Components Explained
Core Indicators (Circles ●)
MACD (5/13/5)
Green ● = Bullish momentum (MACD histogram positive)
Red ● = Bearish momentum (MACD histogram negative)
Gray ● = No clear momentum
Use: Confirms trend direction and momentum shifts
EMA (9/20/50)
Green ● = Price > EMA9 > EMA20 (uptrend)
Red ● = Price < EMA9 < EMA20 (downtrend)
Gray ● = Choppy/sideways
Use: Identifies the immediate micro-trend
Stoch (5-period Stochastic)
Green ● = Oversold (<20) - potential reversal up
Red ● = Overbought (>80) - potential reversal down
Gray ● = Neutral zone (20-80)
Use: Spots reversal opportunities at extremes
RSI (7-period)
Green ● = Oversold (<30)
Red ● = Overbought (>70)
Gray ● = Neutral
Use: Confirms overbought/oversold conditions
CVD (Cumulative Volume Delta)
Green ● = CVD above its moving average (buying pressure)
Red ● = CVD below its moving average (selling pressure)
Gray ● = Neutral
Use: Shows overall buying vs selling pressure
ΔCVD (Delta CVD - Rate of Change)
Green ● = CVD accelerating upward (buying acceleration)
Red ● = CVD accelerating downward (selling acceleration)
Gray ● = No acceleration
Use: Detects momentum shifts in order flow
Imbal (Order Flow Imbalance)
Green ● = Buy pressure >2x sell pressure
Red ● = Sell pressure >2x buy pressure
Gray ● = Balanced
Use: Identifies extreme one-sided order flow
Vol (Volume Strength)
Green ● = Volume >1.5x average (strong interest)
Red ● = Volume <0.7x average (low interest)
Gray ● = Normal volume
Yellow background = Volume surge (>2x average) - BIG MOVE ALERT
Use: Confirms conviction behind price moves
Tape (Tape Speed)
Green ● = Fast order flow (>1.3x normal)
Red ● = Slow order flow (<0.7x normal)
Gray ● = Normal speed
Yellow background = Very fast tape (>1.5x) - RAPID EXECUTION ALERT
Use: Measures urgency and speed of orders
Key Levels
Support (Supp)
Shows the nearest high-volume support level below current price
Bright Green background = Price is AT support (within 0.3%) - BOUNCE ZONE
Green background = Price above support (healthy)
Red background = Price below support (broken support, now resistance)
Resistance (Res)
Shows the nearest high-volume resistance level above current price
Bright Orange background = Price is AT resistance (within 0.3%) - REJECTION ZONE
Red background = Price below resistance (facing overhead supply)
Green background = Price above resistance (breakout)
These levels update automatically every 3 bars based on volume profile
Entry Signal Components
Score
Displays format: "6L" (6 long indicators) or "4S" (4 short indicators)
Bright Green = 6-7 indicators aligned for long
Light Green = 5 indicators aligned for long
Yellow = 4 indicators aligned (weaker setup)
Gray = No alignment
Red/Orange colors = Same scale for short setups
Score of 5+ indicates high-probability setup
SCALP (Main Entry Signal)
BRIGHT GREEN "LONG" = High-quality long scalp (Score 5+)
Green "LONG" = Decent long scalp (Score 4)
BRIGHT ORANGE "SHORT" = High-quality short scalp (Score 5+)
Red "SHORT" = Decent short scalp (Score 4)
Gray "WAIT" = No clear setup - STAY OUT
Entry Strategies
Strategy 1: High-Probability Scalps (Conservative)
When to Enter:
SCALP column shows BRIGHT GREEN "LONG" or BRIGHT ORANGE "SHORT"
Score is 5 or higher
Vol or Tape has yellow background (volume surge)
Example Long Setup:
SCALP = BRIGHT GREEN "LONG"
Score = 6L
Vol = Yellow background
Price AT Support (bright green Supp cell)
EMA, MACD, CVD, ΔCVD, Imbal all green
Entry: Enter immediately on next candle
Target: 0.5-1% move or resistance level
Stop: Below support or -0.3%
Hold Time: 2-10 minutes
Strategy 2: Momentum Scalps (Aggressive)
When to Enter:
Tape has yellow background (fast tape)
Vol has yellow background (volume surge)
ΔCVD is green (for longs) or red (for shorts)
Imbal shows strong imbalance in your direction
Score is 4+
Example Short Setup:
Tape & Vol = Yellow backgrounds
ΔCVD = Red, Imbal = Red
Price AT Resistance (bright orange)
Score = 5S
Entry: Enter immediately
Target: Quick 0.3-0.7% move
Stop: Tight -0.2%
Hold Time: 1-5 minutes
Strategy 3: Reversal Scalps (Mean Reversion)
When to Enter:
Stoch shows oversold (green) or overbought (red)
RSI confirms the extreme
Price is AT Support (for longs) or AT Resistance (for shorts)
ΔCVD and Imbal start reversing direction
Score is 4+
Example Long Setup:
Stoch = Green (oversold)
RSI = Green (oversold)
Supp = Bright green (at support)
ΔCVD turns green
Imbal turns green
Score = 4L or 5L
Entry: Wait for confirmation candle
Target: Move back to EMA9 or mid-range
Stop: Below the low
Hold Time: 3-8 minutes
Large Order Detection Usage
Diamond Signals
Green diamonds below bar = Large buy orders (institutional buying)
Red diamonds above bar = Large sell orders (institutional selling)
Size matters: Larger diamonds = larger order flow
How to Use with Dashboard
Confirmation Entries
Dashboard shows "LONG" signal
Green diamond appears
Enter immediately - institutions are buying
Divergence Alerts (CAUTION)
Dashboard shows "LONG" signal
RED diamond appears (institutions selling)
DO NOT ENTER - conflicting order flow
Cluster Patterns
Multiple green diamonds in row = Strong accumulation, stay long
Multiple red diamonds in row = Strong distribution, stay short
Alternating colors = Chop, avoid trading
Risk Management Rules
Position Sizing
Risk 0.5-1% of account per scalp
Maximum 3 concurrent positions
Reduce size after 2 consecutive losses
Stop Loss Guidelines
Tight stops: 0.2-0.3% for 1-2 min charts
Standard stops: 0.3-0.5% for 5 min charts
Always use stop loss - no exceptions
Place stops below support (longs) or above resistance (shorts)
Take Profit Targets
Target 1: 0.3-0.5% (take 50% off)
Target 2: 0.7-1% (take remaining 50%)
Move stop to breakeven after Target 1 hit
Trail stop if Score remains high
Time-Based Exits
Exit immediately if:
SCALP changes from LONG/SHORT to WAIT
Score drops below 3
Large diamond appears in opposite direction
Maximum hold time: 15 minutes (even if profitable)
Hard exit time: 30 minutes before market close
Trading Sessions
Best Times to Scalp
High-Liquidity Sessions
9:30-11:00 AM EST (Market open, highest volume)
2:00-3:30 PM EST (Afternoon session, good moves)
Avoid
11:30 AM-1:30 PM EST (Lunch, low volume)
Last 30 minutes (unpredictable, don't initiate new trades)
News releases (wait 5 minutes for volatility to settle)
Common Patterns & Setups
The Perfect Storm (Highest Probability)
Score = 6L or 7L
SCALP = BRIGHT GREEN
Vol + Tape = Yellow backgrounds
Green diamond appears
Price AT Support
Win rate: ~70-80%
The Fade Setup (Counter-Trend)
Price hits resistance (bright orange)
Stoch + RSI overbought (red)
Red diamond appears
CVD starts turning red
SCALP shows "SHORT"
Win rate: ~60-70%
The Breakout Continuation
Price breaks resistance (Res turns green)
EMA, MACD green
Vol surge (yellow)
Multiple green diamonds
SCALP = "LONG"
Win rate: ~65-75%
Warning Signs - DO NOT TRADE
Red Flags
❌ SCALP shows "WAIT"
❌ Score below 3
❌ Vol and Tape both gray (no volume)
❌ Conflicting signals (dashboard says LONG but red diamonds appearing)
❌ Alternating green/red circles (choppy market)
❌ Support and Resistance very close together (tight range)
Market Conditions to Avoid
Low volume periods
Major news releases (first 5 minutes after)
First 2 minutes after market open
Wide spreads
Consecutive losing trades (take a break after 2 losses)
Quick Reference Checklist
Before Taking ANY Trade:
☑ SCALP shows LONG or SHORT (not WAIT)
☑ Score is 4 or higher
☑ Vol or Tape shows activity
☑ No conflicting diamond signals
☑ Stop loss level identified
☑ Target profit level identified
☑ Not in restricted time periods
After Entering:
☑ Set stop loss immediately
☑ Set profit targets
☑ Watch SCALP column - exit if changes to WAIT
☑ Watch for opposite-colored diamonds
☑ Move stop to breakeven after first target
☑ Exit all by market close
Advanced Tips
Scalping Psychology
Be patient: Wait for Score 5+ setups
Be decisive: When signal appears, act immediately
Be disciplined: Follow your stop loss always
Be flexible: Exit quickly if dashboard reverses
Optimization
Backtest on your specific instrument
Adjust RSI/Stoch levels for your market
Fine-tune volume thresholds
Keep a trade journal to track which setups work best
Multi-Timeframe Confirmation
Use 5-min dashboard as "trend filter"
Take 1-min trades only in direction of 5-min SCALP signal
Increases win rate by ~10-15%
Troubleshooting
Q: Dashboard shows WAIT most of the time
Normal - scalping is about patience. Quality > Quantity
3-8 good setups per day is excellent
Q: Too many false signals
Increase minimum Score requirement to 5 or 6
Only trade with volume surge (yellow backgrounds)
Add large order detection confirmation
Q: Signals too slow
You may be on too high a timeframe
Try 1-minute chart for faster signals
Ensure real-time data feed is active
Q: Support/Resistance not updating
Normal - updates every 3 bars
If completely stuck, remove and re-add indicator
Summary
This scalping system works best when:
✅ Multiple indicators align (Score 5+)
✅ Volume and tape speed confirm the move
✅ Order flow (diamonds) confirms direction
✅ Price is at key levels (support/resistance)
✅ You manage risk strictly
✅ You exit before market close
The golden rule: When SCALP says WAIT, you WAIT. Discipline beats frequency.
oppliger trendfollow📈 Strategy Overview: SMA25 vs SMA200 – Gap Momentum Trend Strategy
This strategy is a trend-following system designed to capture strong, accelerating uptrends while exiting early when momentum begins to fade.
It uses the relationship between two moving averages — the 25-period SMA and the 200-period SMA — and monitors the gap (distance) between them as a measure of trend strength.
🟢 Entry Conditions (Go Long)
A long position is opened only when all of the following conditions are true:
Uptrend confirmation:
The 25-period SMA is above the 200-period SMA
→ confirms a clear upward trend.
Price momentum:
The closing price is above the SMA25 line,
→ showing that the market currently trades with bullish momentum.
Trend acceleration:
The gap between SMA25 and SMA200 has been increasing for the last 5 consecutive bars.
→ mathematically:
gap_t > gap_(t-1) > gap_(t-2) > gap_(t-3) > gap_(t-4)
→ indicates that the short-term trend is pulling away from the long-term trend and accelerating upward.
✅ When all three conditions are met, the strategy enters a long trade at the close of the current candle.
🔴 Exit Conditions (Close Long)
The position is closed when the uptrend starts to lose strength:
Trend deceleration:
The gap between SMA25 and SMA200 has been shrinking for 3 consecutive bars.
→ mathematically:
gap_t < gap_(t-1) < gap_(t-2)
→ signals that the short-term moving average is converging toward the long-term average, showing weakening momentum.
🚪 When this condition is met, the strategy closes the position at market price.
⚙️ Summary of Logic
Phase Condition Meaning
Entry SMA25 > SMA200 Long-term trend is up
Entry Close > SMA25 Short-term momentum is bullish
Entry Gap rising 5 bars Trend is accelerating
Exit Gap falling 3 bars Trend is weakening
💡 Interpretation
This strategy aims to:
Enter only when a strong, accelerating uptrend is confirmed.
Stay in the trade as long as momentum remains intact.
Exit early when the market starts losing strength, before the trend fully reverses.
It works best in trending markets and helps avoid false entries during sideways or weak phases.
ORB 30 Alerts (ATH)Overview
ATH ORB 30m automates the Opening Range Breakout (ORB) process across multiple global sessions — Tokyo, London, and New York — and delivers clean, consolidated alerts when fresh breakouts occur.
It’s built for traders who track several tickers and want precise, non-repeating signals that reflect genuine momentum shifts, not constant noise.
How it works
The script defines a 30-minute Opening Range (ORB) for each enabled session and plots its high, low, and midpoint levels.
Every 10-minute candle close is evaluated to detect first-time crosses of those range boundaries — upward or downward.
Once a breakout triggers, that side’s alert is disabled until price returns inside the range, where the system automatically re-arms.
Multiple triggers in the same bar are batched into one combined alert, listing all symbols that broke out.
A built-in debug panel and optional chart labels visualize each trigger and re-arm event in real time.
Key features
-Multi-session ORB logic (Tokyo, London, New York)
-10-minute confirmation filter to validate breakouts
-Automatic alert re-arming when price re-enters range
-Combined per-bar alert messages (no duplicates)
-Optional on-chart labels and debug diagnostics
-Optimized for watchlists and multi-symbol scanners
Usage
Designed for day traders and momentum scalpers, this tool highlights early directional strength during market opens.
Add it to your chart, enable your preferred sessions, and set alert conditions for “ORB Breakouts (BUY),” “ORB Breakdowns (SELL),” or "Any alert() function call" You’ll receive one concise message each bar showing exactly which symbols broke out and in which direction.
DISCLAIMER:
This script is for educational and informational purposes only.
It does not constitute financial advice or a recommendation to buy or sell any security.
Always perform your own due diligence and backtesting before using any trading strategy live.
Trading involves risk; past performance does not guarantee future results.
ORB - Openning Range BreakoutORB - Opening Range Breakout (Indicator)
This indicator visualizes the Opening Range Breakout (ORB) for the New York market session (9:30 AM – 4:00 PM NY), highlighting the High and Low of the first 5 minutes of the session.
Key Features:
Automatically calculates the High and Low of the 9:30 AM candle and updates if subsequent candles expand the range within the first 5 minutes.
Plots invisible lines representing the High and Low of the opening range throughout the session.
Fills the area between High and Low with a semi-transparent background, clearly showing the opening range zone.
Works on any intraday timeframe and adapts automatically to the NY session.
Perfect for breakout strategies, visually marking early support and resistance zones.
How to Use:
The shaded area between High and Low indicates the opening range.
Traders can watch for breakouts above the High or breakdowns below the Low for potential entry signals.
Can be combined with trend or volume indicators for confirmation.
Notes:
The session is automatically calculated using New York time.
Background transparency can be adjusted to your preference.
MechArt Moving Average and % Above V1.1MechArt Moving Average and % Above V1.1
Unlock the power of custom analysis with this Adjustable Moving Average Indicator! Whether you're a day trader, swing trader, or long-term investor, this tool helps you track price action with precision and flexibility. Tailor your trading strategy to your needs by adjusting the type of moving average, price triggers, and percentage levels.
🔑 Key Features:
Choose Your Moving Average Type 🌀
Select from four popular moving averages:
SMA (Simple Moving Average)
EMA (Exponential Moving Average)
WMA (Weighted Moving Average)
VWMA (Volume Weighted Moving Average)
Find the one that best fits your trading style!
Adjustable Trigger Price
Choose between four price types to trigger signals:
Open
High
Low
Close
Pick the price type that makes the most sense for your strategy!
Percentage Above the Moving Average 📈🔽
Set a custom percentage above the moving average to generate alerts when the price reaches key levels.
Customizable Alerts 🔔
Get notified when the price is above the target price or below the moving average. Perfect for timely trades!
📉 Visual Alerts:
🔴 Red Background: When the selected price is above the target price (percentage above the moving average).
🟩 Green Background: When the selected price is below the moving average.
🚀 How This Indicator Helps You:
Precision 🎯: Visual signals with clear red and green backgrounds help you make quick decisions based on the price's relationship to your moving average.
Flexibility 🔄: Customize the type of moving average and the price used for triggers to fit your trading style.
📊 Perfect For:
Swing Traders 📈: Use the indicator to identify price trends and reversals based on moving averages.
Day Traders ⏳: Set short-term percentage levels to catch immediate price movements.
Long-Term Investors 💼: Track longer-term trends and set alerts when prices deviate significantly from your moving average.
Take control of your trading strategy with this Adjustable Moving Average Indicator and start making more informed decisions today! 🏅
Change from V1.0: Fixed Timeframe setting to match chart.
MechArt Moving Average and % Above V1.0MechArt Moving Average and % Above V1.0
Unlock the power of custom analysis with this Adjustable Moving Average Indicator! Whether you're a day trader, swing trader, or long-term investor, this tool helps you track price action with precision and flexibility. Tailor your trading strategy to your needs by adjusting the type of moving average, price triggers, and percentage levels.
🔑 Key Features:
Choose Your Moving Average Type 🌀
Select from four popular moving averages:
SMA (Simple Moving Average)
EMA (Exponential Moving Average)
WMA (Weighted Moving Average)
VWMA (Volume Weighted Moving Average)
Find the one that best fits your trading style!
Adjustable Trigger Price
Choose between four price types to trigger signals:
Open
High
Low
Close
Pick the price type that makes the most sense for your strategy!
Percentage Above the Moving Average 📈🔽
Set a custom percentage above the moving average to generate alerts when the price reaches key levels.
Customizable Alerts 🔔
Get notified when the price is above the target price or below the moving average. Perfect for timely trades!
📉 Visual Alerts:
🔴 Red Background: When the selected price is above the target price (percentage above the moving average).
🟩 Green Background: When the selected price is below the moving average.
📅 Adjustable Timeframe:
Choose the timeframe that suits you! Whether you're trading on a 1-minute chart, 1-hour, 1-day, or 1-week, this indicator works for all timeframes.
🚀 How This Indicator Helps You:
Precision 🎯: Visual signals with clear red and green backgrounds help you make quick decisions based on the price's relationship to your moving average.
Flexibility 🔄: Customize the type of moving average and the price used for triggers to fit your trading style.
📊 Perfect For:
Swing Traders 📈: Use the indicator to identify price trends and reversals based on moving averages.
Day Traders ⏳: Set short-term percentage levels to catch immediate price movements.
Long-Term Investors 💼: Track longer-term trends and set alerts when prices deviate significantly from your moving average.
Take control of your trading strategy with this Adjustable Moving Average Indicator and start making more informed decisions today! 🏅
Precision NasdaqPrecision NASDAQ Levels — Open-Source Support & Resistance Indicator
This open-source Support and Resistance Indicator helps traders plot key price levels where the market may reverse or consolidate. By plotting support and resistance zones based on historical price action, it provides clear visual cues for potential entry and exit points across various timeframes.
Features:
Customizable Settings: Adjust visual styles, label positions, and toggle level labels to suit your trading strategy.
Multi-Timeframe Support: Plot Monthly, Weekly, Daily, and Daily Range levels for broader market context.
Streamlined String Input: Input structure follows this order:
Code
Red, Red, Pink, Pink, Red, Red, Daily Range, Daily Range, Weekly, Weekly, Monthly, Monthly
Semi-Automatic NQ/QQQ Conversion: Manually input daily NQ spread or QQQ calculation to adjust NASDAQ levels. Note: Levels cannot be dragged when NQ/QQQ conversion is active. Uncheck conversion boxes to enable dragging.
How It Works
Apply the indicator to your chart.
Enter values for each support and resistance level.
Drag and adjust levels directly on the chart.
Use plotted zones to identify potential reversals, breakouts, or stop-loss placements.
Combine with other tools (e.g., trendlines or oscillators) for confirmation.
