Parabolic RSI [ChartPrime]The Parabolic RSI indicator applies the Parabolic SAR directly to the Relative Strength Index (RSI) . This combination helps traders identify trend shifts and potential reversal points within the RSI framework. The indicator provides both regular and strong signals based on whether the Parabolic SAR crosses above or below key RSI thresholds.
⯁ KEY FEATURES
Parabolic SAR Applied to RSI – Tracks momentum shifts within the RSI indicator.
Dynamic SAR Dots – Plots SAR levels directly on the RSI for visual clarity.
Threshold-Based Signal Filtering – Uses upper (70) and lower (30) RSI levels to determine strong signals.
Simple and Strong Signal System :
Big Diamonds (Strong Signals) – Appear when Parabolic SAR crosses above 70 or below 30 RSI, indicating potential reversals.
Small Diamonds (Regular Signals) – Appear when Parabolic SAR flips inside the RSI range, signaling weaker trend shifts.
Chart Overlay Signals – Highlights strong RSI-based trend shifts directly on the price chart.
Fully Customizable – Modify RSI length, SAR parameters, colors, and signal displays.
⯁ HOW TO USE
Look for strong signals (big diamonds) when SAR flips above 70 RSI (overbought) or below 30 RSI (oversold) for potential reversals.
Use regular signals (small diamonds) for minor trend shifts within the RSI range.
Combine with price action and other indicators to confirm entry and exit points.
Adjust the SAR acceleration factors to fine-tune sensitivity based on market conditions.
⯁ CONCLUSION
The Parabolic RSI indicator merges trend-following and momentum-based analysis by applying the Parabolic SAR to RSI. This allows traders to detect trend shifts inside the RSI space with an intuitive diamond-based signal system . Whether used alone or as part of a broader trading strategy, this indicator provides a clear and structured approach to identifying momentum reversals and potential trading opportunities.
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Composite Scaled EMA LevelsComposite Scaled EMA Levels Indicator
This TradingView Pine Script indicator calculates a “composite EMA” that compares the closing price of the current asset with that of the XU100 index and scales the EMA values to the XU100 level. It then visualizes these computed levels as horizontal lines on the chart with corresponding labels.
Key Components:
Inputs and Data Retrieval:
Length Input: The user defines a parameter length (default is 10) which determines over how many bars the horizontal line is drawn.
Data Collection:
The daily closing price of the current symbol (current_close) is retrieved using request.security().
The daily closing price of the XU100 index (xu100) is also retrieved.
A ratio is computed as current_close / xu100. This ratio serves as the basis for calculating the composite EMAs.
EMA Calculations:
The indicator computes Exponential Moving Averages (EMAs) on the ratio for specific periods.
In the provided version, the script calculates EMAs for three periods (34, 55, and 233), though you can easily expand this to other periods if needed.
Each computed EMA (for instance, EMA34, EMA55, EMA233) is then scaled by multiplying it with the XU100 index’s close, converting it to a price level that is meaningful on the chart.
Drawing Horizontal Lines:
Instead of using the standard plot() function, the script uses line.new() to draw horizontal lines representing the scaled EMA values over the last “length” bars.
Before drawing new lines, any existing lines and labels are deleted to ensure that only the most current values are shown.
Adding Labels to Lines:
The script creates a label for each EMA using label.new(), placing the label at the current bar (i.e., the rightmost position on the chart) using label.style_label_left so that the text appears to the right of the line.
The label displays the name of the composite EMA (e.g., "Composite EMA 34") along with its current scaled value.
Visualization:
The horizontal lines and labels provide a visual reference for the composite EMA levels. These lines help traders see critical support/resistance levels derived from the relationship between the current asset and the XU100 index.
Colors are assigned for clarity (for example, the EMA lines in this version use green).
Summary:
The Composite Scaled EMA Levels indicator is designed to help traders analyze the relationship between an asset’s price and the broader market index (XU100) by calculating a ratio and then applying EMAs on that ratio. By scaling these EMAs back to price levels and displaying them as horizontal lines with clear labels on the chart, the indicator offers a visual tool to assess trend direction and potential support or resistance levels. This can assist in making informed trading decisions based on composite trend analysis.
Gradient Range [BigBeluga]
This indicator highlights range-bound market conditions by dynamically plotting gradient-colored candlesticks within a defined price box. It detects whether the market is ranging or trending using ADX and can identify mean reversion points when price steps outside the established range.
🔵KEY FEATURES:
Range Detection Box:
➣ A transparent box is drawn based on the highest and lowest price close over a user-defined period.
➣ Helps visualize range boundaries and the midline for support/resistance reference.
Gradient Candlestick Coloring:
➣ Candles inside the range are colored with a gradient from top to bottom based on proximity to the midline.
➣ Top range candles are shaded with bearish tones, while bottom range candles use bullish tones.
Ranging/Trending State Detection:
➣ Uses ADX to determine if the market is currently in a ranging or trending state.
➣ A label in the bottom right corner shows a real-time status (🟢 Ranging / 🟡 Trending).
Mean Reversion Signal Circles:
➣ When the market is ranging, white circles are plotted at highs/lows that breach the box boundary, indicating potential mean reversion points.
➣ These levels can act as fade trade setups or exhaustion markers.
🔵USAGE:
Range Trading: Trade between the upper and lower boundaries during range-bound conditions with clearer visual feedback.
Mean Reversion Plays: Use circle signals as early alerts to identify when price extends beyond the range and may revert to the mean.
Visual Trend Strength: Instantly recognize where price is concentrated inside the range via the color gradient system.
Ranging Filter: Use the ADX label to avoid false setups during strong trending periods.
Gradient Range provides an elegant and data-driven approach to range-bound market analysis. With its gradient visualization and smart reversion detection, it empowers traders to better time entries and exits within consolidation zones.
ENIGMA 369
ENIGMA 369 is an innovative Pine Script indicator that combines two distinct yet complementary trading strategies: Break of Structure (BOS) Logic and Session-Based Sniper Signals.
This overlay indicator is designed to help traders identify significant market structure shifts and capitalize on high-probability intraday trading opportunities.
By integrating a sophisticated BOS detection system with a time- and trend-filtered entry mechanism, ENIGMA 369 offers a versatile tool for traders across various timeframes, from swing trading to scalping.
Unlike generic trend-following or scalping indicators, ENIGMA 369 employs specific, well-defined methodologies:
BOS Logic detects structural market shifts using a unique candle-pair pattern analysis, grounded in price action principles.
Sniper Logic targets precise entries during user-defined trading sessions, leveraging price momentum and optional EMA trend confirmation.
This dual approach makes ENIGMA 369 original by bridging long-term structural analysis with short-term tactical entries, all within a single, customizable framework.
What It Does
ENIGMA 369 serves two primary functions:
Break of Structure (BOS) Detection:
Identifies key market structure breaks by detecting specific candle patterns: BullBear (bullish candle followed by bearish) and BearBull (bearish candle followed by bullish).
Marks potential resistance (highs) or support (lows) levels from these patterns and confirms breakouts when price sustains above/below these levels for a user-defined number of bars.
Draws horizontal lines at confirmed breakout levels, which persist until price breaches a customizable buffer zone, signaling a potential reversal or invalidation.
Sniper Entry Signals:
Generates buy and sell signals during user-specified trading sessions (e.g., London or US sessions), focusing on candles that exhibit momentum characteristics (e.g., close above/below the candle’s midpoint with a lower low or higher high).
Optionally filters signals using an Exponential Moving Average (EMA) to align with the broader trend, reducing noise in choppy markets.
Plots dynamic lines at the candle’s high/low and 50% of the wick range, serving as potential entry or stop-loss levels, which are automatically removed when price crosses them.
How It Works
ENIGMA 369’s calculations are rooted in price action, market timing, and trend alignment, making it both intuitive and systematic. Here’s a breakdown of its methodologies:
BOS Logic:
Pattern Detection: The indicator looks for two-candle sequences where the first candle is significant (based on ATR-multiplied size) and the second opposes it.
For example, a BullBear pair (bullish then bearish) signals a potential resistance at the first candle’s high, while a BearBull pair (bearish then bullish) marks a potential support at the low.
ATR Filter: Uses the Average True Range (ATR) to ensure the first candle’s size (range or body) is substantial, filtering out insignificant patterns. Users can adjust the ATR period and multiplier for sensitivity.
Confirmation Mechanism: Requires price to close above (for bullish) or below (for bearish) the stored level for a set number of bars (default: 1), ensuring breakouts are sustained.
Line Management: Draws lines at confirmed breakout levels, extending them for a user-defined number of bars. Lines are deleted if price crosses a buffer zone (calculated as a percentage of price or ATR multiple), indicating the level’s invalidation.
Visualization: Optionally highlights BullBear/BearBull pairs with transparent background colors for easy pattern recognition.
Sniper Logic:
Momentum Detection: Identifies buy signals when a candle closes above its midpoint (indicating bullish pressure) and has a lower low than the previous candle, suggesting a potential reversal or continuation. Sell signals require a close below the midpoint and a higher high.
Session Timing: Restricts signals to user-defined London and US session hours (in UTC), capturing high-volatility periods.
Default settings (1-23 UTC) cover broad ranges but can be tightened (e.g., London: 7-11 UTC, US: 13-17 UTC) for precision.
EMA Filter: Optionally applies a 50-period EMA (adjustable) to ensure buy signals occur in uptrends (EMA rising) and sell signals in downtrends (EMA falling), enhancing signal reliability.
Line Plotting: Draws two lines per signal: one at the candle’s extreme (low for buy, high for sell) and another at 50% of the wick range (e.g., halfway between the candle body and low/high).
These lines act as reference points for entries or stops and are removed when price crosses them, reflecting dynamic market conditions.
Array Management: Uses arrays to handle multiple simultaneous lines, ensuring scalability without cluttering the chart.
Underlying Concepts
ENIGMA 369 is built on the following trading principles:
Market Structure: The BOS component reflects the idea that markets move through phases of consolidation and breakout. By identifying significant highs/lows from opposing candle pairs, it captures points where supply/demand dynamics shift, often preceding major trends.
Price Action: Both components rely on raw price behavior rather than lagging oscillators, making signals timely and relevant. The BOS uses candle relationships, while Sniper leverages candle anatomy (midpoint, wicks) for momentum.
Time-Based Trading: The Sniper logic capitalizes on high-liquidity sessions (London/US), where institutional activity often drives clear directional moves.
Trend Alignment: The optional EMA filter ensures signals align with the broader market context, reducing false entries in range-bound conditions.
Risk Management: Lines at key levels (BOS breakouts, Sniper highs/lows/wicks) provide visual cues for entries, stops, or targets, aiding disciplined trading.
This combination differentiates ENIGMA 369 from typical trend or scalping tools, which often rely on generic moving averages or RSI crossovers.
Instead, it uses a pattern-driven BOS system (akin to Smart Money concepts) and a momentum-session hybrid for Sniper signals, offering a nuanced approach to market analysis.
How to Use It
Setup:
Add ENIGMA 369 to your TradingView chart (Pine Script v5 compatible).
Access the settings to customize parameters:
BOS Settings:
Adjust ATR Period (default: 14) and Min Candle Size (default: 0.5x ATR) for pattern sensitivity.
Set Confirmation Bars (default: 1) to balance speed vs. reliability.
Choose Buffer Type (Percentage or ATR) and Buffer Zone Value (default: 0.1) to control when BOS lines are invalidated.
Enable Show Lines (default: true) and Highlight Candle Pairs (default: false) for visuals.
Customize Bullish/Bearish Line Color and Line Width/Length for clarity.
Sniper Settings:
Define London/US Start/End Hours (e.g., London: 7-11 UTC, US: 13-17 UTC) to match your market.
Enable EMA Filter (default: true) and adjust EMA Period (default: 50) for trend alignment.
Select line styles (Solid/Dotted/Dashed) and colors for buy/sell signals to distinguish from BOS lines.
Recommended timeframes: H1-H4 for BOS (trend/swing trading), M5-M15 for Sniper (intraday/scalping).
Trading with BOS:
Look for highlighted BullBear/BearBull pairs (if enabled) to anticipate potential levels.
When a green (bullish) or red (bearish) BOS line appears, it indicates a confirmed breakout.
Use these lines as support/resistance for entries, targets, or stops:
Bullish BOS: Enter long above the line, with a stop below the line or buffer zone.
Bearish BOS: Enter short below the line, with a stop above the line or buffer zone.
Monitor line deletion (price crossing buffer) as a signal to reassess the trend.
Trading with Sniper:
Watch for blue (buy) or orange (sell) lines during active sessions:
Buy Signal: Blue lines at the low and 50% wick suggest a long entry. Place stops below the low line and targets at recent resistance or a risk-reward ratio (e.g., 1:2).
Sell Signal: Orange lines at the high and 50% wick suggest a short entry. Place stops above the high line and targets at support.
Use the EMA filter to avoid signals against the trend (e.g., skip buy signals if EMA is declining).
Lines disappear when price crosses them, indicating the signal’s invalidation or completion.
Alerts:
Set up alerts for:
“Bullish BOS Confirmed” or “Bearish BOS Confirmed” for structural trades.
“Sniper Buy Alert” or “Sniper Sell Alert” for intraday entries.
Combine with other analysis (e.g., volume, key levels) for higher conviction.
Tips for Traders
Combine Strategies: Use BOS lines to identify the trend direction and Sniper signals for precise entries within that trend. For example, enter a Sniper buy signal only after a bullish BOS confirmation.
Timeframe Synergy: On higher timeframes (H4), BOS lines highlight major levels; on lower timeframes (M15), Sniper signals refine entries.
Session Optimization: Adjust session hours to your asset’s volatility (e.g., forex pairs shine during London open, equities during US open).
Risk Management: Always use stop-losses based on BOS or Sniper lines and maintain a favorable risk-reward ratio.
Backtesting: Test settings (e.g., ATR multiplier, EMA period) on your asset/timeframe to optimize performance.
Why It’s Original
ENIGMA 369 stands out by merging two specialized systems:
The BOS Logic adapts Smart Money concepts (order blocks, structure breaks) into a rigorous, ATR-filtered pattern detector, unlike generic support/resistance indicators.
The Sniper Logic blends session timing, momentum analysis, and EMA filtering, offering a scalping method that avoids the pitfalls of overtrading in low-volatility periods.
The dual framework allows traders to operate strategically (BOS for structure) and tactically (Sniper for entries), a rare combination in a single indicator.
Limitations
BOS: May lag in fast-moving markets due to confirmation bars; adjust to 1 bar for scalping.
Sniper: Signals are session-dependent, so ensure session hours align with your asset’s activity.
Overlaps: Multiple lines (BOS + Sniper) may clutter charts; customize colors/styles for clarity.
Not a Holy Grail: Best used with other confirmations (e.g., volume, news) to filter false signals.
Final Thoughts
ENIGMA 369 empowers traders with a dynamic tool to navigate market structure and seize intraday opportunities. Whether you’re a swing trader hunting major breakouts or a scalper targeting session-based moves, this indicator provides clear, actionable signals backed by robust price action logic. Experiment with its settings, align it with your trading plan, and let ENIGMA 369 guide you through the markets with precision and confidence.
This description is designed to be engaging and informative, giving traders a clear understanding of what ENIGMA 369 does, how it’s unique, and how to apply it effectively. It avoids vague claims (e.g., “follows trends”) and instead details the specific pattern-based BOS detection and momentum-session Sniper signals, making it valuable for both novice and experienced traders.
MA Smoothed RSI For LoopMA Smoothed RSI For Loop
Introduction
The MA Smoothed RSI For Loop is a refined momentum indicator that enhances the classic Relative Strength Index (RSI) through advanced smoothing techniques and intelligent visual cues. By applying a moving average smoothing process within a for loop structure and integrating upper and lower threshold logic, this tool enables traders to detect trends with greater clarity and robustness. It is specifically built for traders who seek high-confidence signals through smoothed momentum analysis and contextual visual feedback.
Key Features
For Loop RSI Smoothing: Applies iterative moving average smoothing to the RSI using a for loop, reducing false signals and improving overall trend accuracy.
Threshold-Based Trend Detection: Incorporates upper and lower RSI thresholds to filter out weak signals and confirm strong momentum-driven trends.
Customizable Moving Averages: Supports a variety of moving average types (such as SMA, EMA, WMA) and lengths for tailored responsiveness.
Dynamic Color Feedback: Colors adapt based on RSI position and momentum, making it easy to interpret strength, reversal zones, or trend continuations.
Real-Time Trend Table: Trend Direction (uptrend/downtrend), Strength of Trend (based on RSI slope and threshold behavior) and Duration (number of bars in the current trend phase).
Weighted Loop Control: Allows users to apply weights during the smoothing loop, fine-tuning the indicator’s sensitivity.
How It Works
The indicator begins by computing the RSI from price data. It then enters a for loop where the RSI is repeatedly smoothed with a chosen moving average. This recursive process stabilizes the signal, minimizing the effects of short-term noise.
Upper and lower RSI thresholds are applied to define meaningful zones of momentum. Only when the smoothed RSI crosses and sustains beyond these thresholds is a trend considered significant. The direction and persistence of these movements are visually encoded using dynamic color schemes and captured numerically in the trend table.
This dual-layered method smoothing and threshold filtering provides a robust structure for identifying and monitoring meaningful price momentum.
Use Case
In the example described above we have one long and short positions early triggered once the momentum signal crossed its related threshold up in the case of bullish trend and down for the bearish one.
Conclusion
The MA Smoothed RSI For Loop offers a sophisticated approach to trend analysis by blending smoothed RSI logic with threshold-based confirmation and rich visual interpretation.
Disclaimer
This indicator is designed for educational and informational use only. It should not be construed as financial advice or a recommendation to trade. Always perform your own analysis and consult a qualified financial advisor before making investment decisions. Use at your own risk.
Liquidity Trendline With Signals [StratifyTrade]combo of a trendline + indicators with signals of trades.
Dynamic Momentum BandsDynamic Momentum Bands
Introduction
The Dynamic Momentum Bands indicator is a powerful analytical tool designed to help traders identify the strength and direction of market momentum with greater precision. By combining key technical methodologies such as Relative Strength Index (RSI), adaptive volatility analysis, and customizable moving averages this indicator offers a multi-dimensional perspective on evolving market conditions. Whether in trending or ranging environments, Dynamic Momentum Bands aim to deliver actionable insights that enhance decision-making and risk management.
Key Features
Adaptive Band Calculation: The bands adjust dynamically in response to market conditions, allowing them to expand during volatile periods and contract during consolidation phases.
RSI-Driven Volatility Scaling: Integrates RSI analysis to scale the width of the bands based on momentum strength, creating a responsive and context-aware framework for trend evaluation.
Multiple Moving Average Options: Offers flexibility with various smoothing techniques, enabling users to tailor the indicator to their preferred strategies (e.g., EMA, SMA, WMA).
Smooth Gradient-Based Visualization: Enhances visual clarity with color gradients that reflect momentum intensity and directional bias, supporting intuitive interpretation of the market state.
How It Works
The Dynamic Momentum Bands indicator operates by combining three core components:
Adaptive Moving Averages: A central baseline is calculated using a selected moving average type. This baseline reflects the general price trend over a user-defined lookback period.
Volatility-Scaled Band Widths: Band distances from the central average are determined using an RSI-based volatility model. Higher RSI values and volatility readings cause the bands to widen, signaling stronger price momentum or potential breakouts.
Gradient Visualization: The bands are color-coded with gradient fills to reflect changes in momentum strength, providing real-time visual cues about potential trend shifts or exhaustion points.
This integration of methodologies allows the indicator to remain responsive to price action while maintaining a smooth, noise-filtered representation of market dynamics.
Conclusion
The Dynamic Momentum Bands indicator offers a versatile and insightful approach to tracking market momentum and volatility. Its adaptive design and multifactor methodology make it suitable for traders who seek a deeper understanding of price behavior beyond conventional moving average envelopes. By delivering a visually rich and responsive analysis tool, it empowers users to make more informed trading decisions across various market environments.
Disclaimer
This indicator is intended for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any financial instrument. Users are advised to conduct their own analysis and consult with a licensed financial advisor before making any trading decisions.
Dynamic Volume Profile OscillatorDynamic Volume Profile Oscillator
Introduction
The Dynamic Volume Profile Oscillator (DVPO) is an advanced technical analysis tool that merges volume profiling with price action dynamics to enhance trend identification and improve trade entry precision. Unlike conventional oscillators that rely solely on price-based metrics, DVPO incorporates adaptive volume-weighted mean deviations to present a more responsive and insightful perspective on market behavior. This makes it a powerful instrument for traders seeking refined momentum insights and context-aware overbought/oversold detection.
Key Features
Adaptive Volume Profiling: Utilizes real-time volume data to adjust the oscillator’s sensitivity to prevailing market activity, enabling more accurate trend and exhaustion zone identification.
Mean Reversion Mode: Highlights potential reversion points when price deviates significantly from volume-weighted norms, ideal for contrarian and range-bound strategies.
Oscillator Smoothing: Integrates optional smoothing filters to reduce noise and provide clearer directional signals without sacrificing responsiveness.
Dynamic Midline & Zones: Features an evolving midline calibrated to the current volume-weighted context, along with dynamically adjusting overbought and oversold zones.
Signal Crossovers: Generates actionable momentum signals when the oscillator crosses key thresholds or the midline, aiding in timing entries and exits.
Gradient Zone Visualization: Visually represents intensity and directional bias through gradient color zones, helping users quickly assess momentum strength and market condition shifts.
How It Works
The DVPO calculates deviations from a volume-weighted average price baseline across a defined lookback period. These deviations are then transformed into an oscillator that fluctuates above and below a dynamic midline, which represents the fair value zone based on recent volume distribution.
To enhance interpretability, the indicator introduces:
Dynamic Zones that expand or contract based on current volatility and volume skewness.
Smoothing algorithms (optional) that can be applied to reduce erratic movements caused by sudden spikes in volume.
Gradient coloring to reflect the strength and direction of the momentum — darker tones indicate stronger trends, while lighter ones suggest potential reversals or weakening trends.
Crossover logic that detects when the oscillator line crosses above or below the midline or critical thresholds, often coinciding with trend initiations or reversals.
Conclusion
The Dynamic Volume Profile Oscillator offers a significant enhancement to traditional momentum indicators by intelligently adapting to both price and volume shifts. Whether used for trend following, mean reversion, or breakout confirmation, its comprehensive design provides traders with an intuitive yet powerful edge in identifying actionable market signals across varying conditions.
Disclaimer
This indicator is intended for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any financial instrument. Users should perform their own due diligence and consult a qualified financial advisor before making any trading decisions.
DEMA SuperTrendDEMA SuperTrend
Introduction
The DEMA SuperTrend is a sophisticated trend-following indicator that integrates the speed and smoothness of the Double Exponential Moving Average (DEMA) with the classic SuperTrend methodology. Designed for traders seeking a more responsive alternative to standard trend indicators, the DEMA SuperTrend helps identify the prevailing market direction with minimal lag. It plots directly on the price chart, making it intuitive and accessible for real-time analysis across various timeframes and trading instruments.
Key Features
DEMA-Based Smoothing: Enhances traditional SuperTrend signals by applying DEMA, reducing signal lag and improving responsiveness to market changes.
Dynamic Trend Visualization: Clearly marks uptrend and downtrend phases with adaptive bands that follow price action.
Customizable Inputs: Users can tailor the ATR period, multiplier, and DEMA length to suit their strategy and trading style.
Visual Themes: Custom color schemes and line styles offer a personalized charting experience, supporting better clarity and decision-making.
How It Works
The DEMA SuperTrend calculates the Average True Range (ATR) to measure market volatility and applies a multiplier to determine the band offset. Instead of using a standard moving average, it employs the Double Exponential Moving Average to smooth the price series. The result is a responsive overlay that adjusts more quickly to market shifts compared to the traditional SuperTrend.
Uptrend: Triggered when the price closes above the DEMA-adjusted upper band.
Downtrend: Triggered when the price closes below the DEMA-adjusted lower band.
Band Switching: When a crossover occurs, the indicator switches the band to the opposite side of the price, signaling a potential change in trend direction.
Visual cues and color-coded zones on the chart enhance interpretability, making it easier for traders to react promptly to shifts in momentum.
Conclusion
The DEMA SuperTrend indicator combines the best of both worlds—robust trend-following logic and advanced smoothing—offering traders a powerful tool for identifying and tracking market trends with enhanced accuracy. Its versatility, responsiveness, and customization features make it suitable for both intraday and swing trading strategies.
Disclaimer
This indicator is intended for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any financial instrument. Users should conduct their own research and risk assessment before making trading decisions.
Multi-Oscillator Adaptive KernelMulti-Oscillator Adaptive Kernel
Introduction
The Multi-Oscillator Adaptive Kernel (MOAK) is a powerful momentum-based indicator that fuses multiple popular oscillators RSI, Stochastic, MFI, and CCI into a single, adaptive tool. Through advanced kernel smoothing techniques, MOAK is engineered to filter out market noise and deliver clearer, more consistent trend signals. Whether in trending or ranging markets, MOAK equips traders with a holistic perspective on momentum across multiple timeframes.
Key Features
Oscillator Fusion: Combines normalized values from RSI, Stochastic, Money Flow Index, and Commodity Channel Index to capture broader momentum shifts.
Advanced Kernel Smoothing: Utilizes three kernel smoothing algorithms—Exponential, Linear, and Gaussian—to refine raw oscillator data and minimize false signals.
Customizable Sensitivity: Traders can tailor the indicator's responsiveness by adjusting lookback periods, kernel lengths, and smoothing sensitivity.
Clear Visual Signals: Features a color-coded signal line—cyan for bullish, magenta for bearish—with gradient fills to reflect trend intensity and direction.
Overbought/Oversold Zones: A central zero line helps identify momentum extremes, with layered gradients to indicate the strength of potential reversals or continuations.
Adaptive Signal Design: Dynamically adjusts its output to align with changing market conditions, offering reliable performance across diverse market environments.
How It Works
MOAK starts by calculating and normalizing input from four widely used momentum oscillators: Relative Strength Index (RSI), Stochastic Oscillator, Money Flow Index (MFI), and Commodity Channel Index (CCI). These values are then aggregated to form a composite momentum reading.
To reduce market noise and enhance signal clarity, the composite reading is passed through one of three user-selectable kernel smoothing filters—Exponential, Linear, or Gaussian. These algorithms shape the data curve, softening abrupt fluctuations while preserving meaningful trends.
The resulting smoothed output is rendered visually as a central signal line, colored cyan for upward momentum and magenta for downward momentum. A series of gradient fills around this line illustrates the intensity of the underlying momentum, with the zero line acting as a visual boundary between overbought and oversold regions. Users can customize key parameters such as lookback window, kernel length, and sensitivity level, ensuring the indicator can be optimized for different assets and trading styles.
Examples
MOAK is able to provide clear trend detection on large cap token such as Bitcoin in the example shown below and resistant to noise during consolidation period.
Downside positions are also handled by the indicator, this time on Solana which is more volatile than Bitcoin but even with more volatility MOAK was able to catch an early entry in the downside move.
Below an example on a lower timeframe with a low cap token Fartcoin where MOAK triggered an early entry on a positive uptrend.
Conclusion
MOAK is a sophisticated yet intuitive momentum indicator, merging the strengths of multiple oscillators into a cohesive and adaptive signal. Its kernel-based smoothing and customizable parameters make it a valuable tool for traders seeking to identify trend direction, assess momentum strength, and filter out short-term noise with precision. Ideal for both trend-following and range-trading strategies, MOAK offers a versatile edge in dynamic market conditions.
Disclaimer
This indicator is provided for informational and educational purposes only. It does not constitute financial advice, nor does it guarantee specific results. Always perform your own analysis and consult a licensed financial advisor before making any trading decisions. Use at your own risk.
High Accuracy Reversal Indicator 🔻🔺High Accuracy Reversal Indicator 🔻🔺 is a powerful custom indicator designed to detect precise market reversal points with minimal noise.
🚀 Key Features:
✅ Red 🔻 triangle = potential sell/reversal signal at swing highs
✅ Green 🔺 triangle = potential buy/reversal signal at swing lows
✅ ATR-based filtering to reduce false signals
✅ Works on any market (Forex, Crypto, Stocks) and any timeframe
✅ Great for scalping, swing trading, or trend reversals
Whether you're a beginner or pro, this tool will help you identify high-probability entries and exits like never before.
🔍 Use with price action or your favorite trend indicator for best results.
[blackcat] L3 Ehlers DFT-Adapted RSIOVERVIEW
The L3 Ehlers DFT-Adapted RSI is an advanced technical indicator that combines Digital Fourier Transform (DFT) analysis with traditional RSI calculations to provide enhanced market trend identification and trading signals.
FEATURES
• DFT-based frequency analysis of price movements
• Adaptive RSI calculation using dominant cycle detection
• Fast and slow moving average lines
• Color-coded candlestick visualization
• Horizontal reference lines at 45 and 55
• Intelligent sideways detection and label management
• Customizable parameter inputs
HOW TO USE
Configure the following inputs:
• Price source (default: HL2)
• Window size (default: 50)
• Overbought threshold (default: 70)
• Oversold threshold (default: 30)
• Fraction multiplier (default: 0.5)
Interpret the indicator:
• Yellow candles indicate bullish momentum
• Fuchsia candles indicate bearish momentum
• Crosses between fast and slow lines suggest potential trend changes
• Position relative to the 45/55 lines indicates overall market sentiment
• Labels appear only when sideways conditions break
SIDESWAYS DETECTION
• Sideways conditions are identified when:
The difference between fast and slow lines is less than 0.5
Both lines show minimal movement (< 0.1) • During sideways periods:
Existing labels are removed
No new labels are generated • When sideways ends:
If trend reverses, opposite label is generated
If trend continues, no new label is created
LIMITATIONS
• Requires sufficient historical data for accurate calculations
• Performance may vary across different market conditions
• Parameter sensitivity requires careful calibration
NOTES
• The indicator uses Ehlers' proprietary DFT methodology
• Default settings are optimized for general market conditions
• Consider adjusting parameters based on your trading timeframe and strategy
Quarterly Theory ICT 04 [TradingFinder] SSMT 4Quarter Divergence🔵 Introduction
Sequential SMT Divergence is an advanced price-action-based analytical technique rooted in the ICT (Inner Circle Trader) methodology. Its primary objective is to identify early-stage divergences between correlated assets within precise time structures. This tool not only breaks down market structure but also enables traders to detect engineered liquidity traps before the market reacts.
In simple terms, SMT (Smart Money Technique) occurs when two correlated assets—such as indices (ES and NQ), currency pairs (EURUSD and GBPUSD), or commodities (Gold and Silver)—exhibit different reactions at key price levels (swing highs or lows). This lack of alignment is often a sign of smart money manipulation and signals a lack of confirmation in the ongoing trend—hinting at an imminent reversal or at least a pause in momentum.
In its Sequential form, SMT divergences are examined through a more granular temporal lens—between intraday quarters (Q1 through Q4). When SMT appears at the transition from one quarter to another (e.g., Q1 to Q2 or Q3 to Q4), the signal becomes significantly more powerful, often aligning with a critical phase in the Quarterly Theory—a framework that segments market behavior into four distinct phases: Accumulation, Manipulation, Distribution, and Reversal/Continuation.
For instance, a Bullish SMT forms when one asset prints a new low while its correlated counterpart fails to break the corresponding low from the previous quarter. This usually indicates absorption of selling pressure and the beginning of accumulation by smart money. Conversely, a Bearish SMT arises when one asset makes a higher high, but the second asset fails to confirm, signaling distribution or a fake-out before a decline.
However, SMT alone is not enough. To confirm a true Market Structure Break (MSB), the appearance of a Precision Swing Point (PSP) is essential—a specific candlestick formation on a lower timeframe (typically 5 to 15 minutes) that reveals the entry of institutional participants. The combination of SMT and PSP provides a more accurate entry point and better understanding of premium and discount zones.
The Sequential SMT Indicator, introduced in this article, dynamically scans charts for such divergence patterns across multiple sessions. It is applicable to various markets including Forex, crypto, commodities, and indices, and shows particularly strong performance during mid-week sessions (Wednesdays and Thursdays)—when most weekly highs and lows tend to form.
Bullish Sequential SMT :
Bearish Sequential SMT :
🔵 How to Use
The Sequential SMT (SSMT) indicator is designed to detect time and structure-based divergences between two correlated assets. This divergence occurs when both assets print a similar swing (high or low) in the previous quarter (e.g., Q3), but in the current quarter (e.g., Q4), only one asset manages to break that swing level—while the other fails to reach it.
This temporal mismatch is precisely identified by the SSMT indicator and often signals smart money activity, a market phase transition, or even the presence of an engineered liquidity trap. The signal becomes especially powerful when paired with a Precision Swing Point (PSP)—a confirming candle on lower timeframes (5m–15m) that typically indicates a market structure break (MSB) and the entry of smart liquidity.
🟣 Bullish Sequential SMT
In the previous quarter, both assets form a similar swing low.
In the current quarter, one asset (e.g., EURUSD) breaks that low and trades below it.
The other asset (e.g., GBPUSD) fails to reach the same low, preserving the structure.
This time-based divergence reflects declining selling pressure, potential absorption, and often marks the end of a manipulation phase and the start of accumulation. If confirmed by a bullish PSP candle, it offers a strong long opportunity, with stop-losses defined just below the swing low.
🟣 Bearish Sequential SMT
In the previous quarter, both assets form a similar swing high.
In the current quarter, one asset (e.g., NQ) breaks above that high.
The other asset (e.g., ES) fails to reach that high, remaining below it.
This type of divergence signals weakening bullish momentum and the likelihood of distribution or a fake-out before a price drop. When followed by a bearish PSP candle, it sets up a strong shorting opportunity with targets in the discount zone and protective stops placed above the swing high.
🔵 Settings
⚙️ Logical Settings
Quarterly Cycles Type : Select the time segmentation method for SMT analysis.
Available modes include: Yearly, Monthly, Weekly, Daily, 90 Minute, and Micro.
These define how the indicator divides market time into Q1–Q4 cycles.
Symbol : Choose the secondary asset to compare with the main chart asset (e.g., XAUUSD, US100, GBPUSD).
Pivot Period : Sets the sensitivity of the pivot detection algorithm. A smaller value increases responsiveness to price swings.
Activate Max Pivot Back : When enabled, limits the maximum number of past pivots to be considered for divergence detection.
Max Pivot Back Length : Defines how many past pivots can be used (if the above toggle is active).
Pivot Sync Threshold : The maximum allowed difference (in bars) between pivots of the two assets for them to be compared.
Validity Pivot Length : Defines the time window (in bars) during which a divergence remains valid before it's considered outdated.
🎨 Display Settings
Show Cycle :Toggles the visual display of the current Quarter (Q1 to Q4) based on the selected time segmentation
Show Cycle Label : Shows the name (e.g., "Q2") of each detected Quarter on the chart.
Show Bullish SMT Line : Draws a line connecting the bullish divergence points.
Show Bullish SMT Label : Displays a label on the chart when a bullish divergence is detected.
Bullish Color : Sets the color for bullish SMT markers (label, shape, and line).
Show Bearish SMT Line : Draws a line for bearish divergence.
Show Bearish SMT Label : Displays a label when a bearish SMT divergence is found.
Bearish Color : Sets the color for bearish SMT visual elements.
🔔 Alert Settings
Alert Name : Custom name for the alert messages (used in TradingView’s alert system).
Message Frequency :
All: Every signal triggers an alert.
Once Per Bar: Alerts once per bar regardless of how many signals occur.
Per Bar Close: Only triggers when the bar closes and the signal still exists.
Time Zone Display : Choose the time zone in which alert timestamps are displayed (e.g., UTC).
Bullish SMT Divergence Alert : Enable/disable alerts specifically for bullish signals.
Bearish SMT Divergence Alert : Enable/disable alerts specifically for bearish signals
🔵 Conclusion
The Sequential SMT (SSMT) indicator is a powerful and precise tool for identifying structural divergences between correlated assets within a time-based framework. Unlike traditional divergence models that rely solely on sequential pivot comparisons, SSMT leverages Quarterly Theory, in combination with concepts like liquidity sweeps, market structure breaks (MSB) and precision swing points (PSP), to provide a deeper and more actionable view of market dynamics.
By using SSMT, traders gain not only the ability to identify where divergence occurs, but also when it matters most within the market cycle. This empowers them to anticipate major moves or traps before they fully materialize, and position themselves accordingly in high-probability trade zones.
Whether you're trading Forex, crypto, indices, or commodities, the true strength of this indicator is revealed when used in sync with the Accumulation, Manipulation, Distribution, and Reversal phases of the market. Integrated with other confluence tools and market models, SSMT can serve as a core component in a professional, rule-based, and highly personalized trading strategy.
Zero Lag Trend Signals (MTF) [SYED WAQAR]ZLEMA Zero Lag Trend Indicator by Waqar
This custom-built Zero Lag Exponential Moving Average (ZLEMA) indicator is designed to help traders identify the market’s underlying trend with precision. Unlike traditional moving averages, this indicator significantly reduces lag, allowing you to make quicker, more informed decisions.
Features:
Zero Lag Calculation: The ZLEMA eliminates the typical lag seen in other moving averages, giving you a more accurate reflection of the market’s true direction.
Dynamic Trend Bands: The indicator includes dynamic upper and lower trend bands to visualize price volatility and help detect potential trend reversals.
Easy to Use: Integrated with simple buy/sell signals based on the ZLEMA’s behavior, making it beginner-friendly and effective for all trading strategies.
Customizable: Adjust the length and volatility multiplier to fit your trading style.
How to Use:
The ZLEMA line (orange) tracks the trend direction.
The green/red trend bands highlight bullish/bearish market conditions.
Use the trend shift and arrows for potential entry/exit signals.
Best Used For:
Day Trading, Swing Trading, and Scalping across all timeframes.
Ideal for traders who prefer a low-lag, high-precision indicator that adapts to changing market conditions.
Important Note: As with any indicator, always combine this with proper risk management and analysis to make well-informed trading decisions.
Liquidity Sweep & Reversal ZonesLiquidity Sweep & Reversal Zones by Maaz
This indicator detects high-probability liquidity sweep and reversal setups based on institutional smart money behavior. It identifies areas where price wicks above/below equal highs or lows to hunt stop orders, then closes back in range to signal a potential reversal.
Core Features:
✅ Detection of equal highs and lows
✅ Confirmed stop hunts using wick break + reversal close
✅ Visual labeling of “Sweep High” / “Sweep Low” events
✅ Optional FVG (Fair Value Gap) confirmation
✅ Sweep zones drawn as smart money trap boxes
This tool is perfect for traders using:
Smart Money Concepts (SMC)
ICT-inspired entry models
Reversal setups after liquidity grabs
Price Action + Order Block strategies
Ideal for confluence with:
Order Blocks
FVGs / Imbalance
Session highs/lows
Volume spikes
For freelance algorithmic trading, custom indicators, or custom trading and investment tools development, contact Maaz at maazshulli@gmail.com. Specializing in Python, PineScript and trading systems development.
[blackcat] L2 Ehlers Convolution Indicator V2OVERVIEW The L2 Ehlers Convolution Indicator V2 is an advanced technical analysis tool that applies convolution techniques to identify market trends and potential reversal points. It uses adaptive filtering to analyze price movements across multiple timeframes.
FEATURES
• Advanced convolution algorithm based on Ehlers' methodology
• Multiple timeframe analysis (S2 through S60)
• Dynamic color coding for trend direction:
Red: Downward trend
Green: Upward trend • Adjustable sensitivity through period inputs
HOW TO USE
Input Parameters:
• ShortestPeriod: Minimum period length for calculations
• LongestPeriod: Maximum period length for calculations
Interpretation:
• Red bars indicate downward momentum
• Green bars indicate upward momentum
• Bar height corresponds to the timeframe analyzed
LIMITATIONS
• Requires sufficient historical data for accurate calculations
• May produce false signals during volatile markets
• Performance depends on selected period parameters
NOTES
• The indicator uses arrays to store correlation, slope, and convolution values
• Each bar represents a different timeframe analysis
• Color intensity varies based on the strength of the signal
Magnetic Zones - Multi TimeframeKey Features and Benefits:
1. Multiple Timeframe Analysis
- Daily (D) timeframe for primary trend
- Weekly (W) for longer-term perspective
- Monthly (M) for major structural levels
2. Support/Resistance Levels
- PDHL (Previous Day High/Low)
- Pivot Points (P)
- Multiple SR levels (SR1-SR6)
- Color-coded for easy identification
3. Trading Applications:
- Identify key support/resistance zones
- Find potential reversal areas
- Plan entries and exits
- Set stop-loss levels
How to Use:
1. Zone Analysis
- Green zones indicate support areas
- Red zones show resistance levels
- Gray zones represent subsidiary levels
2. Multiple Timeframe Strategy
- Use Daily zones for intraday trading
- Weekly zones for swing trading
- Monthly zones for position trading
3. Moving Average Integration
- Optional EMA/SMA for trend confirmation
- Customize MA settings for your strategy
- Use MA crossovers with zones
4. Best Practices:
- Look for price reaction at zone intersections
- Higher probability trades when multiple zones align
- Use box transparency to gauge zone strength
- Combine with volume for better confirmation
5. Risk Management:
- Place stops beyond relevant zones
- Scale positions based on zone strength
- Use zone boundaries for position sizing
Intraday vs Overnight Change TrackerThis indicator tracks a synthetic price path based on either intraday or overnight return behavior, allowing users to analyze which component of daily price movement is contributing more to long-term performance.
***THIS INDICATOR ONLY WORKS ON THE DAILY TIMEFRAME***
Intraday mode compounds price change from market open to close: close / open
Overnight mode compounds price change from previous close to current open: open / close
The user can select one of these two modes using a dropdown input. The synthetic price series starts from the second bar of the chart and compounds forward bar-by-bar using the selected return type. The result is a line that reflects cumulative return based solely on either intraday or overnight activity.
⚙️ Inputs
Synthetic Price Type: Select between "Intraday" or "Overnight" to visualize the respective compounded price series.
📈 Usage Notes
This indicator is intended for visual comparison of intraday vs. overnight price dynamics over time. It can be useful for identifying behavioral patterns, session-based return anomalies, or testing session bias strategies.
Only one synthetic line is shown at a time based on user selection.
If you want to view both intraday and overnight lines, then you can add the indicator twice, which is shown above.
Support & Resitance [Dakon]Support & Resistance
The Support & Resistance indicator is designed to help traders identify key support and resistance levels in their trades, using pivot points and support/resistance zones. This indicator assists in finding important price levels that can act as critical areas for decision-making in trading.
Key Features:
Support and Resistance: The indicator draws key support and resistance levels on the chart, helping you easily identify important price zones.
Support/Resistance Zones: It provides the ability to draw support and resistance zones around the key levels, with adjustable width based on a percentage of the highest/lowest range in a given period.
Sensitivity Adjustment: The sensitivity of support and resistance levels can be customized to fit your trading strategy.
Line Style Options: Choose from different line styles such as Solid, Dotted, or Dashed for visual preference.
Auto Expand: Option to enable the expansion of support and resistance levels, allowing them to remain visible on the chart even as time progresses.
High and Low Zones: Display support and resistance zones around the high/low price levels in a specified period.
Settings:
Up Color: Choose the color for support levels.
Down Color: Choose the color for resistance levels.
SR On/Off: Enable or disable support and resistance level plotting.
Zones On/Off: Toggle the support/resistance zone display.
Expand SR: Enable or disable the expansion of support and resistance levels.
S/R Sensitivity: Adjust the sensitivity of support and resistance levels.
Line Style: Select from Solid, Dotted, or Dashed line styles.
Line Width: Adjust the line width for support and resistance levels.
Zone Width: Adjust the width of the support and resistance zones.
How to Use:
This indicator can be used on any time frame and is easy to incorporate into your trading strategy to identify potential entry and exit points.
To optimize the indicator, adjust the sensitivity settings to align with your trading style.
The Support & Resistance indicator is a useful tool for traders looking to accurately pinpoint support and resistance levels, improving trading performance by leveraging critical price zones.
Ultimate TABI Signal Visualizer (Overlay v8.4 Opt)// © dotcom880 (Based on original TABI by renderingnature1 & v4 Buy/Hold Entry Finder by runescapeyttanic)
// Indicator Purpose: Visualizes TABI RSI zones via background coloring on the main chart.
// Plots Buy/Sell signals (with confidence levels) and optional Moving Averages /
// Bollinger Bands directly on the price chart. Defaults optimized for D/W ETFs.
// Version: 8.4 (Indicator Overlay - Optimized D/W Defaults)
Enigma Sniper 369The Enigma Sniper 369 is an innovative, customizable trading indicator designed to identify high-probability reversal setups during key market sessions.
Unlike generic trend-following or scalping tools, this indicator combines price action analysis with session-based filtering to pinpoint entries where candles exhibit specific structural characteristics, offering traders a unique edge in both trending and ranging markets.
By replacing traditional signal arrows with dynamic support/resistance lines, it provides visual clarity for trade management, making it suitable for scalpers, swing traders, and those seeking precise entry and exit levels.
What Makes It Original?
The Enigma Sniper 369 stands out due to its hybrid approach to signal generation and visualization:
Session-Specific Signals: It targets setups within user-defined "kill zones" (e.g., London and US sessions), leveraging high-volatility periods to improve signal reliability.
Candle Structure Analysis: Signals are based on a candle’s body closing relative to its midpoint and wick behavior compared to the prior candle, capturing reversals regardless of whether the candle is bullish or bearish.
Dynamic Line Visualization: Instead of cluttering charts with arrows, it plots two lines per signal (at the candle’s extreme and 50% of the wick), which act as adaptive support/resistance levels and auto-delete when price breaches them, aiding in trade confirmation and exit planning.
Customization: Traders can adjust line styles (solid, dotted, dashed) and colors individually, tailoring the visual output to their preferences.
This blend of price action, session timing, and interactive line-based feedback sets it apart from conventional indicators that rely solely on moving averages, RSI, or basic candlestick patterns.
What Does It Do?
The indicator identifies potential buy and sell setups by analyzing candle structure within user-specified trading sessions:
Buy Signals: Trigger when a candle’s close is above its midpoint ((high + low) / 2) and its low is lower than the previous candle’s low, indicating a potential bullish reversal or absorption of selling pressure. This can occur on both bullish and bearish candles, capturing unique setups where price rejects lower levels.
Sell Signals: Trigger when a candle’s close is below its midpoint and its high is higher than the previous candle’s high, suggesting a bearish reversal or rejection of higher prices.
Line Visualization:
For buy signals: Plots a line at the candle’s low and another at 50% of the lower wick (from the body bottom to the low), serving as support levels.
For sell signals: Plots a line at the candle’s high and another at 50% of the upper wick (from the body top to the high), acting as resistance levels.
Lines extend right and automatically delete when the candle’s close crosses them (close < buy line or close > sell line), signaling a potential exit or invalidation.
Session Filter: Signals only appear during user-defined London and US session hours, focusing on high-liquidity periods.
EMA Filter: An optional 50-period EMA filter ensures signals align with the broader trend, reducing noise in choppy markets.
How Does It Work?
The indicator’s calculations are rooted in price action and market structure, with the following key components:
Candle Midpoint Analysis:
For buy signals, the candle must close above (high + low) / 2, indicating buyer control despite a lower wick probing below the prior candle’s low. This suggests absorption of sell orders, often seen in reversals or liquidity grabs.
For sell signals, the close must be below (high + low) / 2, showing seller dominance after a high wick exceeds the prior candle’s high, hinting at rejection or distribution.
This midpoint rule allows the indicator to detect setups in both bullish and bearish candles, unlike traditional patterns that focus only on candle color.
Wick Comparison:
Buy signals require low < low , confirming the candle probed deeper than the prior low, potentially trapping sellers before a reversal.
Sell signals need high > high , indicating a higher wick that may have tested resistance or trapped buyers.
This wick behavior aligns with concepts like stop-hunting or smart money reversals, where large players exploit liquidity before reversing price.
Session-Based Kill Zones:
Users define start and end hours for London and US sessions (default: 1 AM–11 PM UTC for both, adjustable). Signals are restricted to these periods, capitalizing on increased volatility and institutional activity during major market hours.
This avoids low-volume periods where false breakouts are common, enhancing signal quality.
EMA Trend Filter:
An optional 50-period EMA filter (enabled by default) ensures buy signals occur when the EMA is rising (ema > ema ) and sell signals when it’s falling (ema < ema ).
This aligns setups with the broader trend, reducing whipsaws in sideways markets while still allowing reversals within trends.
Line-Based Visualization:
Instead of arrows, the indicator plots two lines per signal:
Buy: One at the candle’s low (key support) and one at 50% of the lower wick (from math.min(open, close) to low), offering a secondary support level.
Sell: One at the candle’s high (key resistance) and one at 50% of the upper wick (from math.max(open, close) to high), providing a secondary resistance level.
The 50% wick line approximates a midpoint of the candle’s rejection zone, useful for setting stops or targets.
Lines auto-delete when close crosses them, dynamically confirming whether the setup holds or fails.
Customization:
Line Styles: Users can set each line (buy low, buy wick, sell high, sell wick) to solid, dotted, or dashed via dropdowns. Defaults are solid for low/high lines and dotted for wick lines for visual distinction.
Line Colors: Individual color pickers allow full control over each line’s appearance, with defaults of green (buy low), lighter green (buy wick), red (sell high), and lighter red (sell wick).
Underlying Concepts
The Enigma Sniper 369 is inspired by advanced price action concepts and market dynamics:
Liquidity and Rejection: The wick conditions (low < low , high > high ) target setups where price tests prior extremes, often triggering stops or trapping early entrants before reversing. This aligns with smart money tactics seen in order block or breaker patterns.
Midpoint Control: Requiring the close to be above/below the candle’s midpoint ensures the candle reflects genuine buyer/seller commitment, filtering out indecision candles like doji or narrow-range bars.
Session Volatility: By focusing on London and US sessions, the indicator exploits periods of high institutional activity, where reversals are more likely due to order flow and liquidity.
Dynamic Levels: The auto-deleting lines mimic adaptive support/resistance, updating in real-time as price confirms or invalidates setups, reducing chart clutter and aiding decision-making.
Trend Alignment: The optional EMA filter incorporates a momentum-based trend check, blending reversal signals with directional bias for higher-probability trades.
Unlike common indicators that rely on lagging oscillators (e.g., RSI, MACD) or static patterns (e.g., engulfing candles), this method uses real-time candle structure and session context to capture setups with immediate relevance, making it versatile for scalping, day trading, or swing trading.
How to Use It
Add to Chart:
Load the Enigma Sniper 369 indicator on TradingView by pasting the script into the Pine Editor and clicking “Add to Chart.”
Configure Settings:
Open the indicator’s settings to customize:
Kill Zones: Adjust London Start/End Hour and US Start/End Hour (in UTC) to match your trading sessions (default: 1 AM–11 PM UTC). Set to 0–23 for all-day signals if desired.
EMA Filter: Enable/disable the 50-period EMA filter (default: enabled) and adjust the EMA Period (default: 50) to align with your timeframe.
Line Styles: Choose “Solid,” “Dotted,” or “Dashed” for each line (buy low, buy wick, sell high, sell wick). Defaults are solid for low/high, dotted for wick lines.
Line Colors: Pick colors for each line via color pickers. Defaults are green (buy low), lighter green (buy wick), red (sell high), lighter red (sell wick).
Example: For a cleaner chart, set wick lines to dotted and adjust colors to contrast your chart background.
Interpret Signals:
Buy Setup: When a buy signal triggers, two green lines appear: one at the candle’s low (primary support) and one at 50% of the lower wick (secondary support).
Consider entering long near these levels, with a stop below the low line.
The lines remain until close falls below them, signaling a potential exit or failure.
Sell Setup: Two red lines appear: one at the candle’s high (primary resistance) and one at 50% of the upper wick (secondary resistance).
Consider entering short near these levels, with a stop above the high line.
Lines delete when close exceeds them, indicating a breakout or invalidation.
Use the EMA filter to confirm signals align with the trend (e.g., buy only when EMA is rising).
Trading Tips:
Timeframes: Works on any timeframe, but 5M–1H is ideal for scalping/day trading, while 4H–Daily suits swing trading.
Confirmation: Pair with other tools (e.g., support/resistance, volume) to validate setups. The lines serve as dynamic levels for confluence.
Risk Management: Place stops beyond the primary line (low for buys, high for sells) and target the next key level or a risk-reward ratio (e.g., 1:2).
Session Focus: Adjust kill zones to your market (e.g., 2 AM–5 AM UTC for London open). Disable session filters for 24/7 markets like crypto.
Alerts: Set alerts for “Buy Alert” or “Sell Alert” to get notified when signals trigger (via TradingView’s alert system).
Example Scenario:
On a 15M EUR/USD chart during London open (2 AM UTC):
A candle closes above its midpoint with a low below the prior candle’s low, triggering a buy signal.
Two green lines appear: one at the low (1.0850) and one at 50% of the wick (1.0855).
Enter long near 1.0855, stop below 1.0850, target 1.0880 (next resistance).
If close drops below 1.0850, lines delete, signaling exit or reevaluation.
Who Should Use It?
Scalpers: Catch quick reversals during high-volatility sessions with precise entry/exit levels.
Day Traders: Use the lines to trade intraday setups with clear risk management.
Swing Traders: Apply on higher timeframes to capture larger reversals with dynamic support/resistance.
Price Action Enthusiasts: Leverage the indicator’s focus on candle structure and rejection zones.
Limitations
False Signals: Like all indicators, it can produce false signals in choppy markets. Use the EMA filter and external confirmation to reduce noise.
Session Dependency: If kill zones are misconfigured, signals may be limited. Test settings for your asset (e.g., crypto may need broader hours).
Learning Curve: Beginners should practice interpreting the lines as support/resistance and test on demo accounts before live trading.
Why Choose Enigma Sniper 369?
This indicator offers a fresh take on reversal trading by blending candle structure, session timing, and adaptive visualization. Its customizable lines and auto-deletion feature reduce chart clutter while providing actionable levels, empowering traders to make informed decisions. Whether you’re scalping the London open or swinging on daily charts, the Enigma Sniper 369 equips you with a versatile tool to snipe high-probability setups with precision.
Feedback Welcome
I hope you find the Enigma Sniper 369 valuable! Please share your feedback, suggestions, or results in the comments or via direct message. Happy trading!
Enhanced Execution ToolA comprehensive position sizing calculator for disciplined risk management
Description :
This tool provides traders with precise position sizing calculations based on their account parameters and market conditions. The indicator calculates optimal position sizes for different entry scenarios while maintaining strict risk control.
Key Features:
Multiple entry options (High, Close, Manual)
Flexible stop loss configuration (LoD or Previous Day Low)
Account-based risk management (1% risk by default)
ATR-based distance metrics for volatility assessment
Clear visual table displaying all critical trade parameters
How to Use:
Configure your account size and risk percentage
Select your preferred entry methods (High/Close/Manual)
Choose stop loss reference (Low of Day or Previous Day Low)
View calculated position sizes and risk parameters
For manual entries, input your desired entry and stop prices
Input Parameters:
Account Configuration: Set your capital and risk tolerance
Entry Options: Choose which entry methods to display
Stop Loss: Select stop loss reference level
Technical Settings: Adjust ATR length and distance limits
Display Options: Customize table appearance
Output Includes:
Risk amount in dollars
Risk as percentage of entry price
Entry to stop loss as percentage of ATR
Stop loss price
Entry price
Position size as % of account
Share quantity
Ideal For:
Traders who want to maintain consistent risk management
Those who need quick position sizing calculations
Investors who trade with multiple entry strategies
Note: Always verify calculations before executing trades. This tool is designed to assist with trade planning, not as trade advice.
