Timed Swing Points [Free +] | cephxsTimed Swing Points | cephxs
This indicator is published under the Mozilla Public License 2.0. © cephxs, © fstarcapital
1. OVERVIEW
Timed Swing Points (TSP) highlights the timing of recent confirmed swing highs and lows and annotates them with context-aware time labels. Instead of drawing traditional pivot shapes and cluttering the chart, this streamlined free edition focuses on the temporal structure: WHEN pivots occur, not just WHERE . It helps discretionary traders quickly scan for clustering of swings around repeating intraday minutes or higher‑timeframe day names.
2. WHAT IT DOES
Detects swing highs and lows using a sensitivity factor (len)
Adds a time (or day name on daily timeframe) label at each qualified swing
Optional filtering to only show labels during defined "key time" minute windows
Automatically adapts label content to timeframe:
Intraday: HH:MM (24h or 12h model depending future input extension)
Daily: Full or abbreviated weekday names
Respects a maximum number of displayed swing points to keep charts clean
3. CORE FEATURES
Swing Detection: Uses ta.pivothigh(len, len) / ta.pivotlow(len, len); a pivot is confirmed only after enough bars pass, avoiding repaint on the current bar.
Time Labeling: Places labels offset back to the pivot bar index (bar_index - len).
Key Time Filtering: When enabled, labels only show if the pivot's minute is inside one of three windows: 00–10, 24–36, 50–59 minutes. These windows target common liquidity / volatility phases.
Day Name Mode: On daily timeframe, labels display full (e.g., Monday) or abbreviated (e.g., Mon) day names depending on the Full Day Names setting.
Point Limiting: Oldest labels are removed once Maximum Points Displayed is exceeded.
Clean Visual Footprint: Shape markers and lines are disabled in this free build (internally set to constants). Focus remains on time annotation density rather than price level persistence.
4. INPUTS & PARAMETERS
Sensitivity (len): Default 2. Swing pivot width. Higher = fewer, broader swings
Maximum Points Displayed: Default 10. Caps number of recent swing labels retained
Show Time Labels: Default true. Master toggle for all time labels
Key Times Only: Default true. Restricts labels to predefined minute windows
Prefix: Default blank. Optional text prepended to each label
High Time Color: Default red. Text color for swing high labels
Low Time Color: Default blue. Text color for swing low labels
Text Size: Default Small. Controls label text size (Tiny → Huge)
Full Day Names: Default true. Show full weekday names on daily timeframe
Internal Constants (Not User-Adjustable):
Shape display flags (show_high, show_low) set false
Line display and deletion logic present but disabled
Timezone currently fixed to America/New_York in Automatic mode; DST handled by TradingView engine
5. HOW SWING TIME IS DETERMINED
For each bar the script evaluates pivot conditions
A pivot is confirmed only after the right width (len) bars complete—the label is then placed len bars back
Time extraction uses the pivot's bar timestamp and converts:
Intraday: Formats HH:MM (24-hour). Infrastructure exists for future 12h toggle
Daily: Converts timestamp to a weekday name
Key time filter checks the pivot's minute bucket. If outside defined windows and filter is active, the label is skipped
6. TIME WINDOWS LOGIC (KEY TIMES ONLY)
Minutes 00–10 → Opening sequence & initial liquidity sweep
Minutes 24–36 → Post initial rotation / mid-hour inflection zone
Minutes 50–59 → Pre hour close / micro-structure reshuffle
ICT Traders: View as macros and note when macros form swing points
This pattern helps isolate intraday zones where structural shifts frequently occur, reducing noise from less consequential pivot timings.
7. USAGE GUIDELINES
Start with Sensitivity = 2 or 3 for most liquid intraday symbols. Increase on higher timeframes to avoid excessive clustering
Key Times Only ON: Ideal for focusing on session rotation pivots. OFF: Use for full discovery when studying custom time behaviors
Combine with volume profile or divergence tools to qualify time-labeled swings (e.g., a swing forming at 09:30 NY vs. random mid-bar)
Apply on lower timeframes (1–15m) to map recurring patterns or on Daily to see weekly rhythm changes
8. PERFORMANCE & LIMITATIONS
Efficient: Only stores arrays of recent labels and prunes aggressively
No Alerts: Current version does not fire alerts (Future Pro+ variant may include swing-time alerting)
Timezone: Fixed to America/New_York
9. BEST PRACTICES
Use a neutral chart theme; contrasting label colors amplify swing clusters
When analyzing historical pattern reliability, temporarily raise Maximum Points Displayed to 50–100 then revert to lighter values for live trading
Prefix field: Add a tag like "T:" if mixing multiple custom time tools to differentiate label origin
10. FAQ
Q: Why do some expected swings not show?
If they confirm outside key minute windows and filtering is ON, they're intentionally suppressed.
Q: Can I get price levels drawn?
Not in this free build. Lines/shapes are disabled intentionally.
Q: Does it repaint?
Pivot confirmation waits for the right width; labels appear only after the swing is locked in. Past labels aren't retroactively moved.
Q: Can I monitor multiple symbols at once?
This version is single‑symbol; use layouts or Pro variants for multi-source overlays.
11. CHANGELOG
v1.0 (Initial Free Release): Core swing time labeling, key time filter, day name adaptation, performance improvements. More updates coming.
12. DISCLAIMER
This tool is an analytical overlay designed for timing context only. It is NOT a standalone buy/sell signal. Always validate swings with broader market structure, liquidity pools, and risk management. No guarantee of future performance.
If you find this useful and want advanced variants (alerts, multi‑timezone, clustering metrics), reach out via TradingView. Feedback drives improvements.
Point
Synthetic Point & Figure on RSIHere is a detailed description and user guide for the Synthetic Point & Figure RSI indicator, including how to use it for long and short trade considerations:
*
## Synthetic Point & Figure RSI Indicator – User Guide
### What It Is
This indicator applies classic Point & Figure (P&F) charting logic to the Relative Strength Index (RSI) instead of price. It transforms the RSI into synthetic “P&F candles” that filter out noise and highlight significant momentum moves and reversals based on configurable box size and reversal settings.
### How It Works
- The RSI is calculated normally over the selected length.
- The P&F engine tracks movements in the RSI above or below a defined “box size,” creating columns that switch direction only after a larger reversal.
- The synthetic candles connect these filtered RSI values visually, reducing false noise and emphasizing strong RSI trends.
- Optional EMA and SMA overlays on the synthetic P&F RSI allow smoother trend signals.
- Reference RSI levels at 33, 40, 50, 60, and 66 provide further context for momentum strength.
### How to Use for Trading
#### Long (Buy) Considerations
- The synthetic P&F RSI candle direction flips to *up (green candles)* indicating strength in momentum.
- Look for the RSI P&F value moving above the *40 or 50 level*, suggesting increasing bullish momentum.
- Confirmation is stronger if the synthetic RSI is above the EMA or SMA overlays.
- Ideal entries are after a reversal from a synthetic P&F downtrend (red candles) to an uptrend (green candles) near or above these levels.
#### Short (Sell) Considerations
- The candle direction flips to *down (red candles)*, showing weakening momentum or bearish reversal.
- Monitor if the synthetic RSI falls below the *60 or 50 level*, signaling momentum loss.
- Confirm bearish bias if the price is below the EMA or SMA overlays.
- Exit or short positions are signaled when the synthetic candle reverses from green to red near or below these threshold levels.
### Important RSI Levels to Watch
- *Level 33*: Lower bound indicating deep oversold conditions.
- *Level 40*: Early bullish zone suggesting momentum improvement.
- *Level 50*: Neutral midpoint; crossing above often signals bullish strength, below signals weakness.
- *Level 60*: Advanced bullish momentum; breaking below signals potential reversal.
- *Level 66*: Strong overbought area warning of possible pullback.
### Tips
- Use in conjunction with price action analysis and other volume/trend indicators for higher conviction.
- Adjust box size and reversal settings based on instrument volatility and timeframe for ideal filtering.
- The P&F RSI is best for identifying sustained momentum trends and avoiding false RSI whipsaws.
- Combine this indicator’s signals with stop-loss and risk management strategies.
*
This indicator converts RSI momentum analysis into a simplified, noise-filtered P&F chart format, helping traders better visualize and trade momentum shifts. It is especially useful when RSI signal noise can cause confusion in volatile markets.
Let me know if you want me to generate a shorter summary or code alerts based on these levels!
Sources
Relative Strength Index (RSI) — Indicators and Strategies in.tradingview.com
Indicators and strategies in.tradingview.com
Relative Strength Index (RSI) Indicator: Tutorial www.youtube.com
Stochastic RSI (STOCH RSI) in.tradingview.com
RSI Strategy docs.algotest.in
Stochastic RSI Indicator: Tutorial www.youtube.com
Relative Strength Index (RSI): What It Is, How It Works, and ... www.investopedia.com
rsi — Indicators and Strategies in.tradingview.com
Relative Strength Index (RSI) in.tradingview.com
Relative Strength Index (RSI) — Indicators and Strategies www.tradingview.com
Volume Profile Auto POC📌 Overview
Volume Profile Auto POC is a trend-following strategy that uses the automatically calculated Point of Control (POC) from the volume profile, combined with ATR zones, to capture reversals and breakouts.
By basing decisions on volume concentration, it dynamically visualizes the price levels most watched by market participants.
⚠️ This strategy is provided for educational and research purposes only.
Past performance does not guarantee future results.
🎯 Strategy Objectives
Automatically detect the volume concentration area (POC) to improve entry accuracy
Optimize risk management through ATR-based volatility adjustment
Provide early and consistent signals when trends emerge
✨ Key Features
Automatic POC Detection : Updates the volume profile over a defined lookback window in real time
ATR Zone Integration : Defines a POC ± 0.5 ATR zone to clarify potential reversals/breakouts
Visual Support : Plots the POC line and zones on the chart for intuitive decision-making
📊 Trading Rules
Long Entry:
Price breaks above the POC + 0.5 ATR zone
Volume is above average to support the breakout
Short Entry:
Price breaks below the POC - 0.5 ATR zone
Volume is above average to support the downside move
Exit (or Reverse Position):
Price returns to the POC area
Or touches the ATR band
⚙️ Trading Parameters & Considerations
Indicator Name: Volume Profile Auto POC
Parameters:
Lookback Bars: 50
Bins for Volume Profile: 24
ATR Length: 14
ATR Multiplier: 2.0
🖼 Visual Support
POC line plotted in red
POC ± 0.5 ATR zone displayed as a semi-transparent box
ATR bands plotted in blue for confirmation
🔧 Strategy Improvements & Uniqueness
This strategy is inspired by traditional Volume Profile + ATR analysis,
while adding the improvement of a sliding-window mechanism for automatic POC updates.
Compared with conventional trend-following approaches,
its strength lies in combining both price and volume perspectives for decision-making.
✅ Summary
Volume Profile Auto POC automatically extracts key market levels (POC) and combines them with ATR-based zones,
providing a responsive trend-following method.
It balances clarity with practicality, aiming for both usability and reproducibility.
⚠️ This strategy is based on historical data and does not guarantee future profits.
Always use proper risk management when applying it.
Futures Tick & Point Value [BoredYeti]Futures Tick & Point Value
This utility displays tick size, dollars per tick, and (optionally) a per-point row for the current futures contract.
Features
• Hardcoded $/tick map for common CME/NYMEX/CBOT/COMEX contracts
• Automatic fallback using pointvalue * mintick for any other symbol
• Table settings: adjustable position, text size, customizable colors
• Optional “Per Point” row showing ticks and $/point
Notes
• Contract specs can vary by broker/exchange and may change over time. Always confirm with official specifications.
• Educational tool only; not financial advice.
Gann Swing PointsIndicator Logic
This is a GANN-style swing indicator that classifies bars based on their high/low structure relative to the previous bar.
I strongly encourage you to replay bars on Tradingview using this indicator to get a sense of how it creates pivot (or swing) points
Bar Classification:
Up-Bar (direction: 'up'): Higher High and Higher Low (HH/HL)
Down-Bar (direction: 'down'): Lower High and Lower Low (LH/LL)
Outside-Bar (generates 2 directions):
Green: 'down' then 'up'
Red: 'up' then 'down'
Inside-Bar: No direction generated (HL/LH)
Swing Line Logic
The swing line continues in the current direction until n opposite directions are detected.
n is the "n-direction" parameter (commonly set to 2, so 2 consecutive opposite direction is needed to turn the swing)
When n opposing directions occur, the swing turns, creating a pivot point
Inside bar is ignored, so e.g up-bar -> inside-bar -> up-bar generates "up", "up" direction
A top pivot is formed when the swing turns down
A bottom pivot is formed when it turns up
Note: This swing logic is inherently lagging — it only confirms tops/bottoms after the fact
This swing structure gives the system a clear and noise-resistant way to identify pivot points (swing-points)
Auto Support Resistance Channels [TradingFinder] Top/Down Signal🔵 Introduction
In technical analysis, a price channel is one of the most widely used tools for identifying and tracking price trends. A price channel consists of two parallel trendlines, typically drawn from swing highs (resistance) and swing lows (support). These lines define dynamic support and resistance zones and provide a clear framework for interpreting price fluctuations.
Drawing a channel on a price chart allows the analyst to more precisely identify entry points, exit levels, take-profit zones, and stop-loss areas based on how the price behaves within the boundaries of the channel.
Price channels in technical analysis are generally categorized into three types: upward channels with a positive slope, downward channels with a negative slope, and horizontal (range-bound) channels with near-zero slope. Each type offers unique insights into market behavior depending on the price structure and prevailing trend.
Structurally, channels can be formed using either minor or major pivot points. A major channel typically reflects a stronger, more reliable structure that appears on higher timeframes, whereas a minor channel often captures short-term fluctuations or corrective movements within a larger trend.
For instance, a major downward channel may indicate sustained selling pressure across the market, while a minor upward channel could represent a temporary pullback within a broader bearish trend.
The validity of a price channel depends on several factors, including the number of price touches on the channel lines, the symmetry and parallelism of the trendlines, the duration of price movement within the channel, and price behavior around the median line.
When a price channel is broken, it is generally expected that the price will move in the breakout direction by at least the width of the channel. This makes price channels especially useful in breakout analysis.
In the following sections, we will explore the different types of price channels, how to draw them accurately, the structural differences between minor and major channels, and key trade interpretations when price interacts with channel boundaries.
Up Channel :
Down Channel :
🔵 How to Use
A price channel is a practical tool in technical analysis for identifying areas of support, resistance, trend direction, and potential breakout zones. The structure consists of two parallel trendlines within which price fluctuates.
Traders use the relative position of price within the channel to make informed trading decisions. The two primary strategies include range-based trades (buying low, selling high) and breakout trades (entering when price exits the channel).
🟣 Up Channel
In an upward channel, price moves within a positively sloped range. The lower trendline acts as dynamic support, while the upper trendline serves as dynamic resistance. A common strategy involves buying near the lower support and taking profit or selling near the upper resistance.
If price breaks below the lower trendline with strong volume or a decisive candle, it can signal a potential trend reversal. Channels constructed from major pivots generally reflect dominant uptrends, while those based on minor pivots are often corrective structures within a broader bearish movement.
🟣 Down Channel
In a downward channel, price moves between two negatively sloped lines. The upper trendline functions as resistance, and the lower trendline as support. Ideal entry for short trades occurs near the upper boundary, especially when confirmed by bearish price action or a resistance level.
Exit targets are typically located near the lower support. If the upper boundary is broken to the upside, it may be an early sign of a bullish trend reversal. Like upward channels, a major down channel represents broader selling pressure, while a minor one may indicate a brief retracement in a bullish move.
🟣 Range Channel
A horizontal or range-bound channel is characterized by price oscillating between two nearly flat lines. This type of channel typically appears during sideways markets or periods of consolidation.
Traders often buy near the lower boundary and sell near the upper boundary to take advantage of contained volatility. However, fake breakouts are more frequent in range-bound structures, so it is important to wait for confirmation through candlestick signals and volume. A confirmed breakout beyond the channel boundaries can justify entering a trade in the direction of the breakout.
🔵 Settings
Pivot Period :This parameter defines how sensitive the channel detection is. A higher value causes the algorithm to identify major pivot points, resulting in broader and longer-term channels. Lower values focus on minor pivots and create tighter, short-term channels.
🔔 Alerts
Alert Configuration :
Enable or disable the full alert system
Set a custom alert name
Choose the alert frequency: every time, once per bar, or on bar close
Define the time zone for alert timestamps (e.g., UTC)
Channel Alert Types :
Each channel type (Major/Minor, Internal/External, Up/Down) supports two alert types :
Break Alert : Triggered when price breaks above or below the channel boundaries
React Alert : Triggered when price touches and reacts (bounces) off the channel boundary
🎨 Display Settings
For each of the eight channel types, you can customize:
Visibility : show or hide the channel
Auto-delete previous channels when new ones are drawn
Style : line color, thickness, type (solid, dashed, dotted), extension (right only, both sides)
🔵 Conclusion
The price channel is a foundational structure in technical analysis that enables traders to analyze price movement, identify dynamic support and resistance zones, and locate potential entry and exit points with greater precision.
When constructed properly using minor or major pivots, a price channel offers a consistent and intuitive framework for interpreting market behavior—often simpler and more visually clear than many other technical tools.
Understanding the differences between upward, downward, and range-bound channels—as well as recognizing the distinctions between minor and major structures—is critical for selecting the right trading strategy. Upward channels tend to generate buying opportunities, downward channels prioritize short setups, and horizontal channels provide setups for both mean-reversion and breakout trades.
Ultimately, the reliability of a price channel depends on various factors such as the number of touchpoints, the duration of the channel, the parallelism of the lines, and how the price reacts to the median line.
By taking these factors into account, an experienced analyst can effectively use price channels as a powerful tool for trend forecasting and precise trade execution. Although conceptually simple, successful application of price channels requires practice, pattern recognition, and the ability to filter out market noise.
Quarterly Theory ICT 03 [TradingFinder] Precision Swing Points🔵 Introduction
Precision Swing Point (PSP) is a divergence pattern in the closing of candles between two correlated assets, which can indicate a potential trend reversal. This structure appears at market turning points and highlights discrepancies between the price behavior of two related assets.
PSP typically forms in key timeframes such as 5-minute, 15-minute, and 90-minute charts, and is often used in combination with Smart Money Concepts (SMT) to confirm trade entries.
PSP is categorized into Bearish PSP and Bullish PSP :
Bearish PSP : Occurs when an asset breaks its previous high, and its middle candle closes bullish, while the correlated asset closes bearish at the same level. This divergence signals weakness in the uptrend and a potential price reversal downward.
Bullish PSP : Occurs when an asset breaks its previous low, and its middle candle closes bearish, while the correlated asset closes bullish at the same level. This suggests weakness in the downtrend and a potential price increase.
🟣 Trading Strategies Using Precision Swing Point (PSP)
PSP can be integrated into various trading strategies to improve entry accuracy and filter out false signals. One common method is combining PSP with SMT (divergence between correlated assets), where traders identify divergence and enter a trade only after PSP confirms the move.
Additionally, PSP can act as a liquidity gap, meaning that price tends to react to the wick of the PSP candle, making it a favorable entry point with a tight stop-loss and high risk-to-reward ratio. Furthermore, PSP combined with Order Blocks and Fair Value Gaps in higher timeframes allows traders to identify stronger reversal zones.
In lower timeframes, such as 5-minute or 15-minute charts, PSP can serve as a confirmation for more precise entries in the direction of the higher timeframe trend. This is particularly useful in scalping and intraday trading, helping traders execute smarter entries while minimizing unnecessary stop-outs.
🔵 How to Use
PSP is a trading pattern based on divergence in candle closures between two correlated assets. This divergence signals a difference in trend strength and can be used to identify precise market turning points. PSP is divided into Bullish PSP and Bearish PSP, each applicable for long and short trades.
🟣 Bullish PSP
A Bullish PSP forms when, at a market turning point, the middle candle of one asset closes bearish while the correlated asset closes bullish. This discrepancy indicates weakness in the downtrend and a potential price reversal upward.
Traders can use this as a signal for long (buy) trades. The best approach is to wait for price to return to the wick of the PSP candle, as this area typically acts as a liquidity level.
f PSP forms within an Order Block or Fair Value Gap in a higher timeframe, its reliability increases, allowing for entries with tight stop-loss and optimal risk-to-reward ratios.
🟣 Bearish PSP
A Bearish PSP forms when, at a market turning point, the middle candle of one asset closes bullish while the correlated asset closes bearish. This indicates weakness in the uptrend and a potential price decline.
Traders use this pattern to enter short (sell) trades. The best entry occurs when price retests the wick of the PSP candle, as this level often acts as a resistance zone, pushing price lower.
If PSP aligns with a significant liquidity area or Order Block in a higher timeframe, traders can enter with greater confidence and place their stop-loss just above the PSP wick.
Overall, PSP is a highly effective tool for filtering false signals and improving trade entry precision. Combining PSP with SMT, Order Blocks, and Fair Value Gaps across multiple timeframes allows traders to execute higher-accuracy trades with lower risk.
🔵 Settings
Mode :
2 Symbol : Identifies PSP and PCP between two correlated assets.
3 Symbol : Compares three assets to detect more complex divergences and stronger confirmation signals.
Second Symbol : The second asset used in PSP and correlation calculations.
Third Symbol : Used in three-symbol mode for deeper PSP and PCP analysis.
Filter Precision X Point : Enables or disables filtering for more precise PSP and PCP detection. This filter only identifies PSP and PCP when the base asset's candle qualifies as a Pin Bar.
Trend Effect : By changing the Trend Effect status to "Off," all Pin bars, whether bullish or bearish, are displayed regardless of the current market trend. If the status remains "On," only Pin bars in the direction of the main market trend are shown.
Bullish Pin Bar Setting : Using the "Ratio Lower Shadow to Body" and "Ratio Lower Shadow to Higher Shadow" settings, you can customize your bullish Pin bar candles. Larger numbers impose stricter conditions for identifying bullish Pin bars.
Bearish Pin Bar Setting : Using the "Ratio Higher Shadow to Body" and "Ratio Higher Shadow to Lower Shadow" settings, you can customize your bearish Pin bar candles. Larger numbers impose stricter conditions for identifying bearish Pin bars.
🔵 Conclusion
Precision Swing Point (PSP) is a powerful analytical tool in Smart Money trading strategies, helping traders identify precise market turning points by detecting divergences in candle closures between correlated assets. PSP is classified into Bullish PSP and Bearish PSP, each playing a crucial role in detecting trend weaknesses and determining optimal entry points for long and short trades.
Using the PSP wick as a key liquidity level, integrating it with SMT, Order Blocks, and Fair Value Gaps, and analyzing higher timeframes are effective techniques to enhance trade entries. Ultimately, PSP serves as a complementary tool for improving entry accuracy and reducing unnecessary stop-outs, making it a valuable addition to Smart Money trading methodologies.
RSI with Trend LinesThe RSI with Trend Lines indicator is a tool designed to analyze the behavior of the Relative Strength Index (RSI) combined with dynamic trend lines. This indicator not only provides the standard RSI reading but also identifies pivot points on the RSI and draws bullish and bearish trend lines based on these points. It also includes customizable options for adjusting trend lines, displaying the RSI moving average, and highlighting key levels such as overbought, oversold, and the center line.
This indicator is ideal for finding and identifying clear trends in the RSI and taking advantage of market breakout or consolidation signals. It also includes a table with the POC value, which represents the price level at which the most trading activity has occurred, indicating the highest liquidity and highest trading volume.
Key Features:
1. Basic RSI:
• Calculates the RSI using a configurable period length (default 14).
• Colors the RSI based on its direction (green for rising, red for falling) and its position relative to the center line (50).
2. Key Levels:
• Displays overbought (70 and 80), oversold (20 and 30), and the center line (50) levels for easy visual interpretation.
3. RSI Moving Average:
• Enables and configures an RSI moving average (SMA, EMA, WMA, or ALMA) to smooth out fluctuations and detect clearer trends.
4. Dynamic Trend Lines:
• Identifies pivot points on the RSI and draws bullish and bearish trend lines.
• Trend lines can be extended into the future or limited to the visible range.
• Includes options to display broken lines (trends that are no longer valid) and customize the style (solid or dashed).
5. Pivot Points:
• Displays the high and low pivot points on the chart for a better understanding of trend changes.
6. Advanced Customization:
• Adjust the pivot point period.
• Control the number of pivot points to consider for trend lines.
• Customize the line thickness and style.
How to Use the Indicator:
1. RSI Interpretation:
• Overbought Zone (RSI > 70): Indicates that the asset may be overvalued and could correct downward.
• Oversold Zone (RSI < 30): Suggests that the asset may be undervalued and could rebound.
• Centerline Crossover (50): A cross above 50 indicates bullish strength, while a cross below suggests weakness.
2. Trend Lines:
• Bullish Lines: Drawn when the RSI forms ascending low pivot points. These lines represent dynamic support.
• Bearish Lines: These are drawn when the RSI forms descending high pivot points. These lines represent dynamic resistance.
• Broken Lines: When a trend line becomes invalid (the RSI breaks the line), they are displayed in a dotted style to highlight the breakout.
3. Possible Trading Signals:
• Buy: When the RSI breaks an upward downtrend line.
• Sell: When the RSI breaks a downward uptrend line.
• Trend Confirmation: When the RSI stays within a valid trend line, it suggests that the current trend is strong.
4. A chart with the POC value:
• The point of control is a price level at which the highest trading volume occurs in a given time period. It is a key component of the Volume Profile indicator, which displays volume by price.
• Use of the POC in trading:
• The POC is used to identify areas of high interest and liquidity for trading.
• The POC provides information about the equilibrium point where buyers and sellers are most evenly matched.
• Therefore, it can be considered a zone of interest, meaning it can act as support or resistance.
Volume Profile [ZeroHeroTrading]Volume Profile by ZeroHeroTrading provides Volume Profile information fully leveraging the high/low values associated with the volume. As such, it closely aligns with the price action.
You can change the indicator settings as you see fit to achieve the best results for your use case.
Algorithm Notes
The indicator retrieves high/low/volume data within the set lookback period (number of bars back). It then sorts high/low boundaries, and accumulates the volume within the boundaries. Finally, it draws the Volume Profile as a filled out polyline joining all the boundaries together with the relevant accumulated volume proportion, and the POC as a box between the boundaries with the highest accumulated volume starting from the lookback.
When the lookback period is based on days back (instead of bars back), the indicator first dynamically calculates the number of bars to look back within the set number of days.
Please note that the lookback upper limit is 1000 bars back regardless of the settings. For instance, if the requested number of days results in the calculated bars back count (relative to the chart's timeframe) to be higher than 1000, the effective lookback will be 1000 bars back.
Features
It draws the Volume Profile and POC on the chart.
It allows for setting the number of bars or days to look back for retrieving the volume information.
It allows for setting the length of the Volume Profile being displayed (as a number of bars).
It allows for setting the offset from the last bar for the Volume Profile being displayed (as a number of bars).
It allows for setting the orientation of the Volume Profile being displayed from right to left and vice versa.
It allows for setting the colors for the Volume Profile and POC.
It allows for turning the POC functionality on/off.
Settings
Volume Lookback field: Sets number of bars or days to look back for retrieving the volume information. If the Volume Lookback field is set to 0, the volume data is retrieved for the current day regardless of the Bar(s)/Day(s) selection. Default is 200. Minimum is 0 and maximum is 1000.
Volume Lookback dropdown: If Bar(s) is selected, the volume data is retrieved for the set number of bars back. If Day(s) is selected, the volume data is retrieved for the current day plus the set number of day(s) back. Default is Bar(s).
Profile Bar Length field: Sets length of the Volume Profile being displayed as a number of bars. Default is 50. Minimum is 10 and maximum is 100.
Profile Bar Offset field: Sets offset from the last bar for the Volume Profile being displayed as a number of bars. Default is 10. Minimum is 0 and maximum is 100.
Profile Orientation dropdown: Selects Volume Profile orientation. Left is -right to left- and Right is -left to right-. Default is Left.
Profile Color select: Selects Volume Profile color. Default is blue (100% opacity).
Show POC checkbox: Turns on/off POC. Default is on.
POC Color select: Selects POC color. Default is orange (80% opacity).
BINANCE-BYBIT Cross Chart: Spot-Perpetual CorrelationName: "Binance-Bybit Cross Chart: Spot-Perpetual Correlation"
Category: Scalping, Trend Analysis
Timeframe: 1M, 5M, 30M, 1D (depending on the specific technique)
Technical analysis: This indicator facilitates a comparison between the price movements shown on the Binance spot chart and the Bybit perpetual chart, with the aim of discerning the correlation between the two charts and identifying the dominant market trends. It automatically generates the corresponding chart based on the ticker selected in the primary chart. When a Binance pair is selected in the main chart, the indicator replicates the Bybit perpetual chart for the same pair and timeframe, and vice versa, selecting the Bybit perpetual chart as the primary chart generates the Binance spot chart.
Suggested use: You can utilize this tool to conduct altcoin trading on Binance or Bybit, facilitating the comparison of price actions and real-time monitoring of trigger point sensitivity across both exchanges. We recommend prioritizing the Binance Spot chart in the main panel due to its typically longer historical data availability compared to Bybit.
The primary objective is to efficiently and automatically manage the following three aspects:
- Data history analysis for higher timeframes, leveraging the extensive historical data of the Binance spot market. Variations in indicators such as slow moving averages may arise due to differences in historical data between exchanges.
- Assessment of coin liquidity on both exchanges by observing candlestick consistency on smaller timeframes or the absence of gaps. In the crypto market, clean charts devoid of gaps indicate dominance and offer enhanced reliability.
- Identification of precise trigger point levels, including daily, previous day, or previous week highs and lows, which serve as sensitive areas for breakout or reversal operations.
All-Time High (ATH) and All-Time Low (ATL) levels may vary significantly across exchanges due to disparities in historical data series.
This tool empowers traders to make informed decisions by leveraging historical data, liquidity insights, and precise trigger point identification across Binance Spot and Bybit Perpetual market.
Configuration:
EMA length:
- EMA 1: Default 5, user configurable
- EMA 2: Default 10, user configurable
- EMA 3: Default 60, user configurable
- EMA 4: Default 223, user configurable
- Additional Average: Optional display of an additional average, such as a 20-period average.
Chart Elements:
- Session separator: Indicates the beginning of the current session (in blue)
- Background: Indicates an uptrend (60 > 223) with a green background and a downtrend (60 < 223) with a red background.
Instruments:
- EMA Daily: Shows daily averages on an intraday timeframe.
- EMA levels 1h - 30m: Shows the levels of the 1g-30m EMAs.
- EMA Levels Highest TF: Provides the option to select additional EMA levels from the major timeframes, customizable via the drop-down menu.
- "Hammer Detector: Marks hammers with a green triangle and inverted hammers with a red triangle on the chart
- "Azzeramento" signal on TF > 30m: Indicates a small candlestick on the EMA after a dump.
- "No Fomo" signal on TF < 30m: Indicates a hyperextended movement.
Trigger Points:
- Today's highs and lows: Shows the opening price of the day's candlestick, along with the day's highs and lows (high in purple, low in red, open in green).
- Yesterday's highs and lows: Displays the opening price of the daily candlestick, along with the previous day's highs and lows (high in yellow, low in red).
You can customize the colors in "Settings" > "Style".
It is best used with the Scalping The Bull indicator on the main panel.
Credits:
@tumiza999: for tests and suggestions.
Thanks for your attention, happy to support the TradingView community.
Zigzag Chart Points█ OVERVIEW
This indicator displays zigzag based on high and low using latest pine script version 5 , chart.point which using time, index and price as parameters.
Pretty much a strip down using latest pine script function, without any use of library .
This allow pine script user to have an idea of simplified and cleaner code for zigzag.
█ CREDITS
LonesomeTheBlue
█ FEATURES
1. Label can be show / hide including text can be resized.
2. Hover to label, can see tooltip will show price and time.
3. Tooltip will show date and time for hourly timeframe and below while show date only for day timeframe and above.
█ NOTES
1. I admit that chart.point just made the code much more cleaner and save more time. I previously using user-defined type(UDT) which quite hassle.
2. I have no plan to extend this indicator or include alert just I thinking to explore log.error() and runtime.error() , which I may probably release in other publications.
█ HOW TO USE'
Pretty much similar inside mentioned references, which previously I created.
█ REFERENCES
1. Zigzag Array Experimental
2. Simple Zigzag UDT
3. Zig Zag Ratio Simplified
4. Cyclic RSI High Low With Noise Filter
5. Auto AB=CD 1 to 1 Ratio Experimental
Pivot Breaches by nnamdertWhat does this Indicator do?
This Pivot Point Line Breach Indicator is a simple yet powerful tool that automatically plots lines at the high and low pivot point levels and extends the lines forward to the most recent real-time bar. When the price breaches a line, the line stops at that breach point. The unbreached lines, however, continue on until they are eventually breached or the indictor reaches the maximum number of lines set by the user.
How is this Indicator helpful?
The pivot point lines plotted on the chart show areas where the price may eventually revert to. By knowing whether or not these lines have been breached, traders can easily identify potential entry points or support lines that are likely to be breached, especially when used with other indicators.
As shown in the screenshot below, some lines have been breached, while several others remain. Once the lines were breached, we could clearly see that the price moved quickly to the next level.
The indicator user inputs enable the plotting of up to 500 lines on the chart, if the user chooses to set the limit to 500. However, the default setting is currently set to a lower number, allowing traders to easily view the most recent unbreached pivot points.
The plotted lines are located at the close and high or low of the bar that generated the line. When there is a long wick, the two lines are plotted far from each other. A breach of both lines, particularly in the case of a long wick, indicates strong movement in the direction of the breach.
Thank you for using my indicator, and I hope it helps you make profitable trading decisions.
Scalping The Bull PRO IndicatorName : Scalping The Bull PRO Indicator
Category : Scalping, Trend Following, Mean Reversion .
Timeframe : 1M, 5M, 30M, 1D depending on the specific technique.
Technical Analysis : The indicator supports the operations of the trader named "Scalping The Bull" who uses price action and exponential moving averages.
Suggested usage : Crypto Market only , on Altcoins showing strong trends for scalping and intra-day trades. Trigger points are used as entry and exit points and to be used to understand when a signal has more power.
Scalping The Bull PRO Indicator can identify automatically the following conformations with labels on the charts and/or custom alerts.
Shimano : look at the price records of a consecutive series of closings between the EMA 60 and the EMA 223 when a certain threshold is reached. Use the trigger points as price structures to identify entry and exit zones (e.g. breakout of the yesterday high as for entry point).
Bomb : look at the price registers a percentage variation in a single candle, greater than a threshold such as 2%, in particular on shorter timeframes and around the trigger points.
Viagra : look when there is a consecutive series of closes below the EMA 10, a breakout of the EMA should be an important sign of the change of the trend. Viagra can be used with either a Trend-following or Counter-trend approach, so it can be observed when EMA 60 is lower than EMA 223, or when EMA 60 is higher than EMA 223.
Downward fake : look when, after a cross under (Death Cross), the price returns above the EMA 223 using the yesterday high as a trigger point.
Emergence : look at the EMA 60 is about to cross over the EMA 223.
Anti-crossing : look at, after an important price rise and a subsequent retracement, the EMA 60 is about to cross under the EMA 223 but a bullish impulse brings the price back above the EMAs.
For Sales : look at two types of situations: 1) when the price falls by more than 10% from the opening price and around yesterday's low or 2) when the price falls and then reaches, in the last 5 days, a bigger percentage and then breaks a trigger point.
Colour change : look at the opening price of the session - indicated as a trigger point.
Third touch of EMA 60 : look for 3 touches below the EMA 60, and enter when there is a close above the EMA 60.
Third touch of EMA 223 : look for 3 touches below the EMA 223, and enter when there is a close above the EMA 223.
Bud : look at price when it crosses upwards the average 10 and subsequently at least 2 "rest" candles are between the maximum and minimum of the breaking candle.
Fake on EMA 10 : look for the open of a candle higher than the EMA 10, the minimum of the candle lower and the closing price returns above the EMA 10.
For Stop Loss and Profit Targets consider a proper R/R depending on Risk Management, using price structures such as the low of the entering candle and a quick Position Management moving quickly the Stop-Loss at Break-Even.
Configuration :
Graphical Configuration :
Additional EMA : You can display an additional average, e.g. 20-period average.
Session Separators : indicates the beginning of the current session (in blue) .
Background : signals with the background in green an uptrend situation ( 60 > 223) and in red background a downtrend situation (60 < 223).
Labels of Trigger Points .
Take Profit Levels with a display offset .
Label size .
Trigger points :
Today's highs and lows : draw on the chart the opening price of the daily candle and the highs and lows of the day (high in purple, low in red and open in green). An alert can be activated with % offset.
Yesterday's highs and lows : draw on the chart the opening price of the daily candle, the highs and lows of the previous day (high in yellow, low in red). An alert can be activated with % offset.
Colour Change : an alert can be activated with % offset.
EMA Conformations :
Shimano : a label and/or an alert can be activated with a configurable threshold of candles.
Emersion : a label and/or an alert can be activated.
Anti-crossing : a label and/or an alert can be activated.
Fake on EMA : a label and/or an alert can be activated with a configurable threshold of candles.
Price-EMA Conformations :
Viagra : a label and/or an alert can be activated for specific EMA situations, with a configurable threshold of candles.
Third Touch on EMA : a label and/or an alert can be activated for a specific EMA bounce.
Bud : a label and/or an alert can be activated on all timeframes except 1m.
Fake on EMA 10 : a label and/or an alert can be activated on all timeframes except 1m.
Bud + Fake : a label and/or an alert can be activated on all timeframes except 1m.
Price Conformations :
Bomb : a label and/or an alert can be activated with a configurable threshold %.
For Sales : a label and/or an alert can be activated with a configurable threshold %.
Activate all alerts : you can activate all alerts clicking on Alerts, then on Condition “PRO Scalping the Bull” and then selecting “Any alert() function”.
N.B. It is also possible to creates alerts on price-EMA crossing.
Daily, Weekly, Monthly Pivot Points StandardShow Higher timeframe Pivot Point along with 3 support/Resistance and mid line between them
Option to show the Monthly lines, with or without mid line, and can select the color
Option to show the Weekly lines, with or without mid line, and can select the color
Option to show the Daily lines, with or without mid line, and can select the color
Option to show a tables with the previous Open, High, Low, Close for these higher timeframe
PointsLibrary "Points"
Provides functions for simplifying operations with collections of x+y coordinates. Where x is typically a bar index or time (millisecond) value.
new(size) Creates two arrays. One for X (int ) and another for Y (float ).
Parameters:
size : The initial size of the arrays.
size(xA, yA) Checks the size of the arrays and if they're equal returns the size.
Parameters:
xA : The X array.
yA : The Y array.
get(xA, yA, index) Gets the X and Y values of the arrays at the index.
Parameters:
xA : The X array.
yA : The Y array.
index : The index.
Returns:
set(xA, yA, index, x, y) Sets the X and Y values of the arrays at the index.
Parameters:
xA : The X array.
yA : The Y array.
index : The index.
x : The x value.
y : The y value.
Returns:
push(xA, yA, x, y) Adds X and Y values to the end of the arrays (as the last element).
Parameters:
xA : The X array.
yA : The Y array.
x : The x value.
y : The y value.
Returns:
unshift(xA, yA, x, y) Adds X and Y values to the beginning of the arrays (as the first element).
Parameters:
xA : The X array.
yA : The Y array.
x : The x value.
y : The y value.
Returns:
insert(xA, yA, index, x, y) Inserts X and Y values to the arrays at the index.
Parameters:
xA : The X array.
yA : The Y array.
index : The index to insert at.
x : The x value.
y : The y value.
Returns:
pop(xA, yA) Removes the last element from the arrays and returns their value.
Parameters:
xA : The X array.
yA : The Y array.
Returns:
shift(xA, yA) Removes the first element from the arrays and returns their value.
Parameters:
xA : The X array.
yA : The Y array.
Returns:
remove(xA, yA) Removes the element from the arrays at the index and returns their value.
Parameters:
xA : The X array.
yA : The Y array.
Returns:
first(xA, yA) Gets the X and Y values of the first element.
Parameters:
xA : The X array.
yA : The Y array.
Returns:
last(xA, yA) Gets the X and Y values of the last element.
Parameters:
xA : The X array.
yA : The Y array.
Returns:
allIndexesBetween(xA, lo, hi, start, ordered) Gets the indexes that have values at or above the low value and below the high value.
Parameters:
xA : The X array.
lo : The inclusive low value.
hi : The excluded hi value.
start : The optional index to start the backwards search.
ordered : If true, the search ends when the first value is found that is less than the low.
lastIndexBetween(xA, lo, hi, start, ordered) Gets the first found from the end that has a value at or above the low value and below the high value.
Parameters:
xA : The X array.
lo : The inclusive low value.
hi : The excluded hi value.
start : The optional index to start the backwards search.
ordered : If true, the search ends when the first value is found that is less than the low.
lastIndexBelow(xA, hi, start) Gets the first found from the end that has a value below the high value.
Parameters:
xA : The X array.
hi : The excluded hi value.
start : The optional index to start the backwards search.
Intraday Mid PointA moving indicator that is overlaid main chart. Identifies the start of the day, and then applies this formula:
( Current High of Day + Current Low of Day ) / 2, to get the mid point. It is a useful tool to identify buy side or sell side control, along with vwap.
[RESEARCH] Point-and-Figure (P&F) Chart Identifier(Republishing of the hidden script)
A heuristic approach to identify P&F chart type. Catches all variations.
Works correctly with other chart types:
Classic Candles
Heikin-Ashi
Line Break
Kagi
ATR Renko
Traditional Renko
Range Bars
Number of digits before and after the decimal point - FunctionFunction - Number of digits before and after the decimal point
Detect the number of digits in integers and floats, before the decimal and after it.
It also works for negative numbers.
There are some rounding issues, but the currently maximum supported number can have safely up to 3 digits after the decimal point.
pivot point strategy(lirshah)The pivot point levels are composed of a pivot point, two higher resistance levels known as R1 and R2, and two lower pivot point supports known as S1 and S2.
Each resistance level is considered a pivot point.
this strategy gives signals based on valid pivot points( reactionary price level) and it has a good results on the variety of pairs in different markets.
