cd_sweep&cisd_Cx

24 thg 7

Overview:
When the price is at a significant zone/level on a higher time frame (HTF), and it sweeps (breaks through and then closes back below/above) the high or low of the previous HTF candle, it is common to look for a Change in State of Delivery (CISD) on a lower time frame (LTF) to enter a trade.
This model can be summarized as:
HTF Sweep → LTF CISD (Optional: SMT / Divergences)
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Working Principle & Details:

1. The indicator monitors price action on the selected HTF and tracks any sweep (violation) of the previous HTF candle's high or low. Simultaneously, it identifies CISD levels on the LTF. If SMT is enabled, it will appear as a label on the chart.
When both HTF sweep and LTF CISD conditions are met, the indicator marks the chart at the open of the next candle and triggers an alert if set.
CISD levels are tracked and updated whenever a new HTF high/low is formed.
2. The indicator monitors the formation of entry models on up to six selected pairs, displaying results in two separate tables:
o HTF Sweep Query Table: Monitors live HTF candles and reports pairs that meet the sweep condition.
o CISD Table: Displays the pairs where a valid entry model has formed. A "🔥" symbol indicates the condition has occurred.
3. Bias Visualization:
Based on the selected HTF, a visual band is shown at the bottom of the chart using the chosen bullish/bearish colors.
Bias is determined by:
o Candle closing above/below the previous one suggesting continuation.
o A failed close after a sweep implying potential reversal.
4. HTF Candles:
Displays HTF candles based on the user-defined time frame.
5. Optional SMT (Smart Money Technique):
Must be enabled in the menu and requires the correlated pair to be entered correctly for accurate results.
Displayed only as a visual confirmation, not a requirement for model formation.
If the currently open symbol sweeps the previous candle while the correlated symbol does not (or vice versa), an "SMT" label appears on the chart.

6. Color & Table Positioning:
Controlled via the settings menu.
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Warnings:
• The indicator only marks CISDs that form at HTF high/low zones.
• Entering every time the model forms does not guarantee profitability.
• Waiting for the model to appear at significant HTF levels/zones increases the likelihood of success.
• HTF and LTF selections should follow commonly accepted combinations or user-tested time frames.
• If you want to trigger alerts only for symbols entered in the indicator, ensure the "Use indicator alerts" option is enabled.
• To set alerts for the TradingView watchlist instead, disable the "Use indicator alerts" option.
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Feel free to share your thoughts and suggestions.
Happy trading! 💫

26 thg 7

Phát hành các Ghi chú

Fixed bug.

28 thg 7

Phát hành các Ghi chú

-Key levels have been added.

-HTF box border color has been aligned with the candlestick close.

3 thg 8

Phát hành các Ghi chú

Fixed bug

10 thg 8

Phát hành các Ghi chú

Added option to choose assets.

26 thg 8

Phát hành các Ghi chú

Added new option Auto/Fixed to select HTF. ( Thanks to Zidanola )
When you select Fixed, manual entry is required.
Added remaining time counter.

7 ngày trước

Phát hành các Ghi chú

Code refinement

5 ngày trước

Phát hành các Ghi chú

Added HTF candles border color option.

5 ngày trước

Phát hành các Ghi chú

Added cisd line color option.

Hôm kia

Phát hành các Ghi chú

code refinement