PORSCHE 2.0

PORSCHE Trading Indicator - Complete Technical Analysis Suite
Overview
The PORSCHE indicator is a comprehensive multi-strategy trading tool that combines multiple technical analysis approaches into a single, powerful indicator. It provides traders with a complete market analysis framework including trend identification, support/resistance levels, volume analysis, and session-based trading insights.

Core Components
1. Trend Analysis System
Multiple EMA Clouds

EMA 75 with dynamic cloud based on standard deviation

EMA 150 with adaptive cloud boundaries

EMA 50 cloud for short-term trend direction

Dual Hull Moving Average Bands

Hull Band 1 (55-period) for medium-term trends

Hull Band 2 (100-period) for long-term trends

Color-coded trend direction (Green=Up, Red=Down)

Multiple Hull variations available (HMA, EHMA, THMA)

2. Support & Resistance Detection
Advanced Swing High/Low System

Customizable swing strength (1-5 bars)

Real-time swing level detection

Option to remove swept liquidity levels

Visual distinction between current and past swing levels

Alert conditions for breakouts

3. Multi-Timeframe Market Structure
Daily High/Low Levels

Yesterday's high and low plotted as steplines

Visual labels for easy reference

Weekly High/Low Levels

Previous week's key levels

Session-based plotting for relevant timeframes

4. Volume-Based Trading Signals
Vector Candle Zones (VCZ)

Volume-based candle coloring system

Four vector types based on volume spikes:

Red Vector: High volume bearish candles

Green Vector: High volume bullish candles

Violet Vector: Medium volume bearish candles

Blue Vector: Medium volume bullish candles

Dynamic zone creation based on vector candles

Customizable zone transparency and colors

5. Dual Trading Bot Systems
UT Bot Alerts

ATR-based trailing stop system

Buy/Sell signals with label indicators

Heikin Ashi option for smoother signals

Customizable sensitivity settings

Classic UT Bot

Alternative ATR trailing stop implementation

Color-coded bar system (Green=Bullish, Red=Bearish)

Separate alert conditions for flexibility

6. Global Session Tracking
Comprehensive Session Detection

Asian Session (23:00-06:00 UTC)

Sydney Session (23:00-05:00 UTC)

Tokyo Session (00:00-06:00 UTC)

European Session (07:00-16:30 UTC)

London Session (08:00-16:30 UTC)

New York Session (13:00-22:00 UTC)

NYSE Session (14:30-22:00 UTC)

Session Features

Real-time session status table

High/Low detection within each session

Visual boxes and labels for session ranges

Color-coded session identification

Key Features
Visual Customization
Fully customizable colors for all components

Adjustable line thickness and styles

Transparency controls for clouds and zones

Flexible label positioning and styling

Alert System
Swing level breakouts

UT Bot buy/sell signals

Multiple alert conditions for different strategies

Customizable alert messages

Multi-Timeframe Compatibility
Higher timeframe Hull MA options

Automatic adaptation to chart timeframe

Session-based filtering for relevant levels

Performance Optimization
Configurable maximum objects (boxes, lines, labels)

Efficient memory management

Real-time calculation updates

Trading Applications
Trend Following
Use EMA clouds and Hull bands for trend direction

Trade in direction of multiple timeframe alignment

Utilize cloud boundaries as dynamic support/resistance

Breakout Trading
Monitor swing level breaks for momentum entries

Use volume vectors to confirm breakout validity

Combine with session highs/lows for key level breaks

Mean Reversion
Trade bounces from EMA clouds and Hull bands

Use swing levels as reversal zones

Session-based range trading opportunities

Volume Analysis
Identify institutional activity through vector candles

Use volume zones for confluence with price levels

Gauge market sentiment through candle coloring

Input Parameters
The indicator offers extensive customization through input parameters grouped by functionality:

EMA and cloud settings

Hull MA configurations

Swing detection parameters

Volume vector thresholds

Session time configurations

Visual styling options

Compatibility
Platform: TradingView

Version: Pine Script v5

Timeframes: All (optimized for 1H and above)

Markets: Forex, Stocks, Crypto, Futures

Unique Value Proposition
The PORSCHE indicator stands out by integrating multiple proven trading methodologies into a cohesive system, eliminating the need for multiple separate indicators and providing traders with a unified market analysis tool that covers trend, momentum, volume, and session-based analysis simultaneously.

This comprehensive approach allows traders to make informed decisions with multiple confluences, reducing false signals and improving overall trading performance.