Volume-Price Shift Box (Lite Version)Description
This indicator is a clean and intuitive visual tool designed to help traders quickly assess the current balance of bullish and bearish forces in the market.
It combines volume, price movement, VWAP, and OBV dynamics into a compact on-chart table that updates in real time.
This version focuses on the core logic and visualization of momentum and volume shifts, making it ideal for traders who want actionable insight without complex configuration.
How It Works
The script measures the combined strength of multiple market components:
VWAP trend indicates price bias relative to fair value.
OBV (On-Balance Volume) tracks volume flow to confirm or contradict price movement.
Volume ratio compares current volume to its recent average.
Momentum evaluates directional price movement over a configurable lookback period.
Accumulation / Distribution (A/D) Line estimates buying or selling pressure within each candle:
↑ — A/D is rising (buying pressure is increasing)
↑↑ — A/D is rising faster than before (acceleration of buying)
↓ — A/D is falling (selling pressure is increasing)
↓↓ — A/D is falling faster than before (acceleration of selling)
Each of these components contributes to an overall shift score.
Depending on this score, the box displays:
🟢 Bullish Shift — strong upward alignment
🔴 Bearish Shift — downward alignment
⚪ Neutral — mixed or indecisive conditions
Key Features
Compact on-chart information box with color-coded parameters
Combined volume-price relationship model
Configurable lookback and sensitivity controls
Real-time shift strength and trend duration tracking
Adjustable EMA/SMA smoothing for all averages
Lightweight design optimized for clarity
Inputs Overview
Box Position / Size – Place and scale the on-chart info box
Lookback Period – Number of bars used for calculations
VWAP Lookback – Period for VWAP distance smoothing
Shift Sensitivity – Adjusts reaction strength of bullish/bearish shifts
Neutral Zone Threshold – Defines when the market is considered neutral
EMA or SMA – Choose exponential or simple moving averages
Component Weights – Set the influence of VWAP, OBV, Volume, and Momentum on the shift score
Display Toggles – Enable or disable metrics shown in the box (Strength, Volume, VWAP, Duration, OBV)
How to Use
Apply the indicator to any symbol and timeframe.
Observe the box on the chart — it updates dynamically.
Look for transitions between Neutral → Bullish or Neutral → Bearish shifts.
Combine with your existing price action or confirmation tools (e.g., support/resistance, trendlines).
Use the “Strength” and “Duration” values to assess consistency and momentum quality.
(This indicator is not a buy/sell signal generator — it is designed as a contextual analysis and confirmation tool.)
How It Helps
Merges several key volume and price metrics into a single view
Highlights transitions in market control between buyers and sellers
Reduces clutter by presenting only relevant context data
Works on any market and timeframe, from scalping to swing trading
⚠️Disclaimer:
This script is provided for educational and informational purposes only. It is not financial advice and should not be considered a recommendation to buy, sell, or hold any financial instrument. Trading involves significant risk of loss and is not suitable for every investor. Users should perform their own due diligence and consult with a licensed financial advisor before making any trading decisions. The author does not guarantee any profits or results from using this script, and assumes no liability for any losses incurred. Use this script at your own risk.
Tìm kiếm tập lệnh với "Buy sell"
Volume Sentiment Breakout Channels [AlgoAlpha]🟠 OVERVIEW
This tool visualizes breakout zones based on volume sentiment within dynamic price channels . It identifies high-impact consolidation areas, quantifies buy/sell dominance inside those zones, and then displays real-time shifts in sentiment strength. When the market breaks above or below these sentiment-weighted channels, traders can interpret the event as a change in conviction, not just a technical breakout.
🟠 CONCEPTS
The script builds on two layers of logic:
Channel Detection : A volatility-based algorithm locates price compression areas using normalized highs and lows over a defined lookback. These “boxes” mark accumulation or distribution ranges.
Volume Sentiment Profiling : Each channel is internally divided into small bins, where volume is aggregated and signed by candle direction. This produces a granular sentiment map showing which levels are dominated by buyers or sellers.
When a breakout occurs, the script clears the previous box and forms a new one, letting traders visually track transitions between phases of control. The colored gradients and text updates continuously reflect the internal bias—green for net-buying, red for net-selling—so you can see conviction strength at a glance.
🟠 FEATURES
Volume-weighted sentiment map inside each box, with gradient color intensity proportional to participation.
Dynamic text display of current and overall sentiment within each channel.
Real-time trail lines to show active bullish/bearish trend extensions after breakout.
🟠 USAGE
Setup : Add the script to your chart and enable Strong Closes Only if you prefer cleaner breakouts. Use shorter normalization length (e.g., 50–80) for fast markets; longer (100–200) for smoother transitions.
Read Signals : Transparent boxes mark active sentiment channels. Green gradients show buy-side dominance, red shows sell-side. The middle dashed line is the equilibrium of the channel. “▲” appears when price breaks upward, “▼” when it breaks downward.
Understanding Sentiment : The sentiment profile can be used to show the probability of the price moving up or down at respective price levels.
RightFlow Universal Volume Profile - Any Market Any TimeframeSummary in one paragraph
RightFlow is a right anchored microstructure volume profile for stocks, futures, FX, and liquid crypto on intraday and daily timeframes. It acts only when several conditions align inside a session window and presents the result as a compact right side profile with value area, POC, a bull bear mix by price bin, and a HUD of profile VWAP and pressure shares. It is original because it distributes each bar’s weight into multiple mid price slices, blends bull bear pressure per bin with a CLV based split, and grows the profile to the right so price action stays readable. Add to a clean chart, read the table, and use the visuals. For conservative workflows read on bar close.
Scope and intent
• Markets. Major FX pairs, index futures, large cap equities and ETFs, liquid crypto.
• Timeframes. One minute to daily.
• Default demo used in the publication. SPY on 15 minute.
• Purpose. See where participation concentrates, which side dominated by price level, and how far price sits from VA and POC.
Originality and usefulness
• Unique fusion. Right anchored growth plus per bar slicing and CLV split, with weight modes Raw, Notional, and DeltaProxy.
• Failure mode addressed. False reads from single bar direction and coarse binning.
• Testability. All parts sit in Inputs and the HUD.
• Portable yardstick. Value Area percent and POC are universal across symbols.
• Protected scripts. Not applicable. Method and use are fully disclosed.
Method overview in plain language
Pick a scope Rolling or Today or This Week. Define a window and number of price bins. For each bar, split its range into small slices, assign each slice a weight from the selected mode, and split that weight by CLV or by bar direction. Accumulate totals per bin. Find the bin with the highest total as POC. Expand left and right until the chosen share of total volume is covered to form the value area. Compute profile VWAP for all, buyers, and sellers and show them with pressure shares.
Base measures
Range basis. High minus low and mid price samples across the bar window.
Return basis. Not used. VWAP trio is price weighted by weights.
Components
• RightFlow Bins. Price histogram that grows to the right.
• Bull Bear Split. CLV based 0 to 1 share or pure bar direction.
• Weight Mode. Raw volume, notional volume times close, or DeltaProxy focus.
• Value Area Engine. POC then outward expansion to target share.
• HUD. Profile VWAP, Buy and Sell percent, winner delta, split and weight mode.
• Session windows optional. Scope resets on day or week.
Fusion rule
Color of each bin is the convex blend of bull and bear shares. Value area shading is lighter inside and darker outside.
Signal rule
This is context, not a trade signal. A strong separation between buy and sell percent with price holding inside VA often confirms balance. Price outside VA with skewed pressure often marks initiative moves.
What you will see on the chart
• Right side bins with blended colors.
• A POC line across the profile width.
• Labels for POC, VAH, and VAL.
• A compact HUD table in the top right.
Table fields and quick reading guide
• VWAP. Profile VWAP.
• Buy and Sell. Pressure shares in percent.
• Delta Winner. Winner side and margin in percent.
• Split and Weight. The active modes.
Reading tip. When Session scope is Today or This Week and Buy minus Sell is clearly positive or negative, that side often controls the day’s narrative.
Inputs with guidance
Setup
• Profile scope. Rolling or session reset. Rolling uses window bars.
• Rolling window bars. Typical 100 to 300. Larger is smoother.
Binning
• Price bins. Typical 32 to 128. More bins increase detail.
• Slices per bar. Typical 3 to 7. Raising it smooths distribution.
Weighting
• Weight mode. Raw, Notional, DeltaProxy. Notional emphasizes expensive prints.
• Bull Bear split. CLV or BarDir. CLV is more nuanced.
• Value Area percent. Typical 68 to 75.
View
• Profile width in bars, color split toggle, value area shading, opacities, POC line, VA labels.
Usage recipes
Intraday trend focus
• Scope Today, bins 64, slices 5, Value Area 70.
• Split CLV, Weight Notional.
Intraday mean reversion
• Scope Today, bins 96, Value Area 75.
• Watch fades back to POC after initiative pushes.
Swing continuation
• Scope Rolling 200 bars, bins 48.
• Use Buy Sell skew with price relative to VA.
Realism and responsible publication
No performance claims. Shapes can move while a bar forms and settle on close. Education only.
Honest limitations and failure modes
Thin liquidity and data gaps can distort bin weights. Very quiet regimes reduce contrast. Session time is the chart venue time.
Open source reuse and credits
None.
Legal
Education and research only. Not investment advice. Test on history and simulation before live use.
Dynamic ~ CVDDynamic - CVD is a smart, time-adaptive version of the classic Cumulative Volume Delta (CVD) indicator, designed to help traders visualize market buying and selling pressure across all timeframes with minimal manual tweaking.
Overview
Cumulative Volume Delta tracks the difference between buying and selling volume during each bar. It reveals whether aggressive buyers or sellers dominate the market, offering deep insight into real-time market sentiment and underlying momentum.
This version of CVD automatically adjusts its EMA smoothing length based on your selected timeframe, ensuring optimal sensitivity and consistency across intraday, daily, weekly, and even monthly charts.
Features
Dynamic EMA Length — Automatically adapts smoothing parameters based on the chart timeframe:
1–59 min → 50
1–23 h → 21
Daily & Weekly → 100
Monthly → 10
CVD Visualization — Displays cumulative delta to show the ongoing buying/selling imbalance.
CVD‑EMA Curve — Offers a clear trend signal by comparing the CVD line with its EMA.
Adaptive Color Logic — EMA curve changes color dynamically:
Green when CVD > EMA (bullish pressure)
Gray when CVD < EMA (bearish pressure)
How to Use
Use Dynamic - CVD to gauge whether the market is accumulating (net buying) or distributing (net selling).
When CVD rises above its EMA, it often signals consistent buying pressure and potential bullish continuation.
When CVD stays below its EMA, it highlights sustained selling pressure and possible weakness.
The dynamic EMA makes it suitable for scalping, swing trading, and longer-term trend analysis—no need to manually adjust settings.
Best For
Traders looking to measure real buying/selling flow rather than price movement alone.
Market participants who want a plug‑and‑play CVD that stays accurate across all timeframes.
Anyone interested in volume‑based momentum confirmation tools.
Disclaimer
This script is provided for educational and analytical purposes only. It does not constitute financial advice or a recommendation to buy or sell any asset. Past performance is not indicative of future results. Always perform your own analysis and consult a licensed financial advisor before making investment decisions. The author is not responsible for any financial losses or trading outcomes arising from the use of this indicator.
Mythical EMAs + Dynamic VWAP BandThis indicator titled "Mythical EMAs + Dynamic VWAP Band." It overlays several volatility-adjusted Exponential Moving Averages (EMAs) on the chart, along with a Volume Weighted Average Price (VWAP) line and a dynamic band around it.
Additionally, it uses background coloring (clouds) to visualize bullish or bearish trends, with intensity modulated by the price's position relative to the VWAP.
The EMAs are themed with mythical names (e.g., Hermes for the 9-period EMA), but this is just stylistic flavoring and doesn't affect functionality.
I'll break it down section by section, explaining what each part does, how it works, and its purpose in the context of technical analysis. This indicator is designed for traders to identify trends, momentum, and price fairness relative to volume-weighted averages, with volatility adjustments to make the EMAs more responsive in volatile markets.
### 1. **Volatility Calculation (ATR)**
```pine
atrLength = 14
volatility = ta.atr(atrLength)
```
- **What it does**: Calculates the Average True Range (ATR) over 14 periods (a common default). ATR measures market volatility by averaging the true range (the greatest of: high-low, |high-previous close|, |low-previous close|).
- **Purpose**: This volatility value is used later to dynamically adjust the EMAs, making them more sensitive in high-volatility conditions (e.g., during market swings) and smoother in low-volatility periods. It helps the indicator adapt to changing market environments rather than using static EMAs.
### 2. **Custom Mythical EMA Function**
```pine
mythical_ema(src, length, base_alpha, vol_factor) =>
alpha = (2 / (length + 1)) * base_alpha * (1 + vol_factor * (volatility / src))
ema = 0.0
ema := na(ema ) ? src : alpha * src + (1 - alpha) * ema
ema
```
- **What it does**: Defines a custom function to compute a modified EMA.
- It starts with the standard EMA smoothing factor formula: `2 / (length + 1)`.
- Multiplies it by a `base_alpha` (a user-defined multiplier to tweak responsiveness).
- Adjusts further for volatility: Adds a term `(1 + vol_factor * (volatility / src))`, where `vol_factor` scales the impact, and `volatility / src` normalizes ATR relative to the source price (making it scale-invariant).
- The EMA is then calculated recursively: If the previous EMA is NA (e.g., at the start), it uses the current source value; otherwise, it weights the current source by `alpha` and the prior EMA by `(1 - alpha)`.
- **Purpose**: This creates "adaptive" EMAs that react faster in volatile markets (higher alpha when volatility is high relative to price) without overreacting in calm periods. It's an enhancement over standard EMAs, which use fixed alphas and can lag in choppy conditions. The mythical theme is just naming—functionally, it's a volatility-weighted EMA.
### 3. **Calculating the EMAs**
```pine
ema9 = mythical_ema(close, 9, 1.2, 0.5) // Hermes - quick & nimble
ema20 = mythical_ema(close, 20, 1.0, 0.3) // Apollo - short-term foresight
ema50 = mythical_ema(close, 50, 0.9, 0.2) // Athena - wise strategist
ema100 = mythical_ema(close, 100, 0.8, 0.1) // Zeus - powerful oversight
ema200 = mythical_ema(close, 200, 0.7, 0.05) // Kronos - long-term patience
```
- **What it does**: Applies the custom EMA function to the close price with varying lengths (9, 20, 50, 100, 200 periods), base alphas (decreasing from 1.2 to 0.7 for longer periods to make shorter ones more responsive), and volatility factors (decreasing from 0.5 to 0.05 to reduce volatility influence on longer-term EMAs).
- **Purpose**: These form a multi-timeframe EMA ribbon:
- Shorter EMAs (e.g., 9 and 20) capture short-term momentum.
- Longer ones (e.g., 200) show long-term trends.
- Crossovers (e.g., short EMA crossing above long EMA) can signal buy/sell opportunities. The volatility adjustment makes them "mythical" by adding dynamism, potentially improving signal quality in real markets.
### 4. **VWAP Calculation**
```pine
vwap_val = ta.vwap(close) // VWAP based on close price
```
- **What it does**: Computes the Volume Weighted Average Price (VWAP) using the built-in `ta.vwap` function, anchored to the close price. VWAP is the average price weighted by volume over the session (resets daily by default in Pine Script).
- **Purpose**: VWAP acts as a benchmark for "fair value." Prices above VWAP suggest bullishness (buyers in control), below indicate bearishness (sellers dominant). It's commonly used by institutional traders to assess entry/exit points.
### 5. **Plotting EMAs and VWAP**
```pine
plot(ema9, color=color.fuchsia, title='EMA 9 (Hermes)')
plot(ema20, color=color.red, title='EMA 20 (Apollo)')
plot(ema50, color=color.orange, title='EMA 50 (Athena)')
plot(ema100, color=color.aqua, title='EMA 100 (Zeus)')
plot(ema200, color=color.blue, title='EMA 200 (Kronos)')
plot(vwap_val, color=color.yellow, linewidth=2, title='VWAP')
```
- **What it does**: Overlays the EMAs and VWAP on the chart with distinct colors and titles for easy identification in TradingView's legend.
- **Purpose**: Visualizes the EMA ribbon and VWAP line. Traders can watch for EMA alignments (e.g., all sloping up for uptrend) or price interactions with VWAP.
### 6. **Dynamic VWAP Band**
```pine
band_pct = 0.005
vwap_upper = vwap_val * (1 + band_pct)
vwap_lower = vwap_val * (1 - band_pct)
p1 = plot(vwap_upper, color=color.new(color.yellow, 0), title="VWAP Upper Band")
p2 = plot(vwap_lower, color=color.new(color.yellow, 0), title="VWAP Lower Band")
fill_color = close >= vwap_val ? color.new(color.green, 80) : color.new(color.red, 80)
fill(p1, p2, color=fill_color, title="Dynamic VWAP Band")
```
- **What it does**: Creates a band ±0.5% around the VWAP.
- Plots the upper/lower bands with full transparency (color opacity 0, so lines are invisible).
- Fills the area between them dynamically: Semi-transparent green (opacity 80) if close ≥ VWAP (bullish bias), red if below (bearish bias).
- **Purpose**: Highlights deviations from VWAP visually. The color change provides an at-a-glance sentiment indicator—green for "above fair value" (potential strength), red for "below" (potential weakness). The narrow band (0.5%) focuses on short-term fairness, and the fill makes it easier to spot than just the line.
### 7. **Trend Clouds with VWAP Interaction**
```pine
bullish = ema9 > ema20 and ema20 > ema50
bearish = ema9 < ema20 and ema20 < ema50
bullish_above_vwap = bullish and close > vwap_val
bullish_below_vwap = bullish and close <= vwap_val
bearish_below_vwap = bearish and close < vwap_val
bearish_above_vwap = bearish and close >= vwap_val
bgcolor(bullish_above_vwap ? color.new(color.green, 50) : na, title="Bullish Above VWAP")
bgcolor(bullish_below_vwap ? color.new(color.green, 80) : na, title="Bullish Below VWAP")
bgcolor(bearish_below_vwap ? color.new(color.red, 50) : na, title="Bearish Below VWAP")
bgcolor(bearish_above_vwap ? color.new(color.red, 80) : na, title="Bearish Above VWAP")
```
- **What it does**: Defines trend conditions based on EMA alignments:
- Bullish: Shorter EMAs stacked above longer ones (9 > 20 > 50, indicating upward momentum).
- Bearish: The opposite (downward momentum).
- Sub-conditions combine with VWAP: E.g., bullish_above_vwap is true only if bullish and price > VWAP.
- Applies background colors (bgcolor) to the entire chart pane:
- Strong bullish (above VWAP): Green with opacity 50 (less transparent, more intense).
- Weak bullish (below VWAP): Green with opacity 80 (more transparent, less intense).
- Strong bearish (below VWAP): Red with opacity 50.
- Weak bearish (above VWAP): Red with opacity 80.
- If no condition matches, no color (na).
- **Purpose**: Creates "clouds" for trend visualization, enhanced by VWAP context. This helps traders confirm trends—e.g., a strong bullish cloud (darker green) suggests a high-conviction uptrend when price is above VWAP. The varying opacity differentiates signal strength: Darker for aligned conditions (trend + VWAP agreement), lighter for misaligned (potential weakening or reversal).
### Overall Indicator Usage and Limitations
- **How to use it**: Add this to a TradingView chart (e.g., stocks, crypto, forex). Look for EMA crossovers, price bouncing off EMAs/VWAP, or cloud color changes as signals. Bullish clouds with price above VWAP might signal buys; bearish below for sells.
- **Strengths**: Combines momentum (EMAs), volume (VWAP), and volatility adaptation for a multi-layered view. Dynamic colors make it intuitive.
- **Limitations**:
- EMAs lag in ranging markets; volatility adjustment helps but doesn't eliminate whipsaws.
- VWAP resets daily (standard behavior), so it's best for intraday/session trading.
- No alerts or inputs for customization (e.g., changeable lengths)—it's hardcoded.
- Performance depends on the asset/timeframe; backtest before using.
- **License**: Mozilla Public License 2.0, so it's open-source and modifiable.
Volume Bubbles Delta Coloring Pro V1.0OVERVIEW
Bubbles Volume — Delta Pro extends the Classic concept with directional volume coloring and practical filters. It visualizes where volume concentrates inside each candle and which side (buyers or sellers) dominated. Ideal for intraday traders who want to see both intensity and direction of market activity.
HOW IT WORKS
Each bubble represents the candle’s volume normalized by volatility. Bubble size reflects relative volume; color reflects directional bias:
• Green = Buyer dominance (close > open)
• Red = Seller dominance (close < open)
• Yellow = Neutral (balanced candle)
A built-in delta proxy ((close – open) / range × volume) estimates directional strength — not true bid/ask delta, but a reliable approximation for chart volume.
FEATURES
• Delta coloring with adjustable Buy/Sell/Neutral colors
• Volume and delta thresholds to filter weak signals
• Session filter (e.g., 09:30–16:00) and lookback limit for speed
• Bubble position modes: HL2, Close, Body Mid, or High/Low by Delta
• Optional labels/lines for extreme volume
• Alerts for high-volume or strong delta spikes
USE CASES
Identify areas where aggressive buyers or sellers appeared, confirm breakouts with volume direction, or filter noise during low-activity periods. Combine with structure or VWAP for context.
NOTES
• Uses candle-based approximation, not orderflow.
• Visualization tool only; not a standalone signal.
• Original concept by BigBeluga, enhanced with delta logic and performance filters.
Licensed under CC BY-NC-SA 4.0.
Entry (MTF) - Three phase Reversal patternOf course. We can absolutely reframe the explanation to give the strategy a more unique or generalized name, focusing on the concepts rather than the specific mentor.
Here is a revised, in-depth guide for your "Entry(MTF)" indicator, presented as the **"Momentum Shift Entry Model."**
***
### Entry (MTF) Indicator: A Guide to the Momentum Shift Model
This powerful indicator is designed to automatically detect a high-probability **Momentum Shift Entry Pattern**. The core strategy is to identify moments where the market's direction is likely to make a significant and sustained reversal, often driven by institutional order flow.
The indicator's key advantage is its **Multi-Timeframe (MTF)** functionality. It allows you to find these robust setups on a higher timeframe (like the daily chart) and then projects those signals onto your active, lower timeframe chart (like the 15-minute), providing a clear strategic edge for timing your entries.
---
## The Core Logic: The Three-Phase Reversal Pattern
This indicator is not based on a simple lagging condition. It looks for a specific three-step sequence of events. This sequence validates a genuine shift in market control from sellers to buyers (or vice-versa), filtering out false moves.
### Step 1: The Liquidity Purge 🎯
First, the indicator identifies recent, significant swing highs and lows on the chart. These price levels are natural magnets for liquidity, as many traders place their stop-loss orders there.
* **A Bullish Setup** begins when the price first dips **below a recent swing low**. This action is often an engineered move to "purge" or "sweep" the sell-side liquidity resting there before a move higher.
* **A Bearish Setup** begins with a price spike **above a recent swing high**, clearing out the buy-side liquidity.
This initial phase is designed to trap traders on the wrong side of the market before the true move begins.
### Step 2: The Market Structure Shift (The Confirmation) 🔄
After the liquidity has been taken, the indicator needs confirmation that a real power shift has occurred. This is confirmed by a **Market Structure Shift (MSS)**.
* After a **bullish purge (of a low)**, an MSS is confirmed when the price aggressively rallies and closes **above a recent swing *high***. This proves that buyers have not only absorbed all the selling but are now strong enough to break previous resistance levels.
* After a **bearish purge (of a high)**, an MSS is confirmed when the price falls and closes **below a recent swing *low***, showing that sellers are now decisively in command.
### Step 3: The Price Imbalance (The Entry Zone) GAP) is created during the same powerful move that caused the Market Structure Shift. A Fair Value Gap, or **price imbalance**, is a three-candle pattern that signifies a very aggressive, one-sided move, leaving a gap in the market that price will often seek to re-fill.
This FVG acts as the signature of institutional activity and becomes a high-probability zone for planning a trade entry.
---
## How to Use the Indicator in Your Trading
The true strength of this indicator lies in combining the higher-timeframe signal with the immediate context of your trading timeframe.
### Reading the Signals and Visuals
* **`BUY` / `SELL` Labels:** These are your primary signals, generated from the **"Signal Timeframe"** you select (e.g., Daily). A "BUY" label indicates that the complete three-phase bullish pattern has been confirmed on that higher timeframe.
* **Dotted Lines (Liquidity Levels):** The red and green dotted lines on your chart mark the most recent swing high and low on your **current timeframe**. These are the levels to watch for a potential "Liquidity Purge."
* **Colored Boxes (Imbalance Zones):** The green (bullish) and red (bearish) boxes highlight the Fair Value Gaps on your **current timeframe**. These are your potential entry zones.
### A Potential Trading Strategy
1. **Set Your Signal Timeframe:** Choose a higher timeframe that you use to define the overall trend (e.g., 'D' for daily, '4H' for 4-hour).
2. **Wait for an HTF Signal:** Patiently wait for a `BUY` or `SELL` label to appear. This is your cue to begin actively looking for an entry.
3. **Find a Local Entry Zone:** Once a `BUY` signal from the higher timeframe appears, look for the price on your current chart to retrace into a nearby **bullish FVG (green box)**. For a `SELL` signal, look for a pullback into a **bearish FVG (red box)**.
4. **Entry:** Plan your entry as the price tests this imbalance zone.
5. **Stop Loss:** A logical stop loss is critical. For a buy trade, place your stop below the swing low that was formed during the MSS. For a sell trade, place it above the corresponding swing high.
6. **Take Profit:** Aim for a significant liquidity level on a higher timeframe or use a predetermined risk-to-reward ratio (e.g., 1:2, 1:3).
---
## Customizing the Settings
* **`Signal Timeframe`**: The most critical setting. It determines the timeframe from which the core buy/sell logic originates. A Daily signal will carry more weight than an H1 signal.
* **`Liquidity/MSS Lookback`**: This controls the significance of the swing points the indicator uses.
* **Higher value:** Finds major, long-term swing points, leading to fewer but more powerful signals.
* **Lower value:** Finds minor, short-term swing points, leading to more frequent but potentially less reliable signals.
* **`Show Current TF Fair Value Gaps`**: This toggles the visibility of the imbalance zones (FVG boxes) on your chart. It is highly recommended to keep this enabled to easily spot your entry areas.
Tweezer & Kangaroo Zones [WavesUnchained]Tweezer & Kangaroo Zones
Pattern Recognition with Supply/Demand Zones
Indicator that detects tweezer and kangaroo tail (pin bar) reversal patterns and creates supply and demand zones. Includes volume validation, trend context, and confluence scoring.
What You See on Your Chart
Pattern Labels:
"T" (Red) - Tweezer Top detected above price → Bearish reversal signal
"T" (Green) - Tweezer Bottom detected below price → Bullish reversal signal
"K" (Red) - Kangaroo Bear (Pin Bar rejection from top) → Bearish signal
"K" (Green) - Kangaroo Bull (Pin Bar rejection from bottom) → Bullish signal
Label Colors Indicate Pattern Strength:
Dark Green/Red - Strong pattern (score ≥8.0)
Medium Green/Red - Good pattern (score ≥6.0)
Light Green/Red - Valid pattern (score <6.0)
Zone Boxes:
Red Boxes - Supply Zones (resistance, potential short areas)
Green Boxes - Demand Zones (support, potential long areas)
White Border - Active zone (fresh, not tested yet)
Gray Border - Inactive zone (expired or invalidated)
Pattern Detection
Tweezer Patterns (Classic Double-Top/Bottom):
Flexible Lookback - Detects patterns up to 3 bars apart (not just consecutive)
Precision Matching - 0.2% level tolerance for high-quality signals
Wick Similarity Check - Both candles must show similar rejection wicks
Volume Validation - Second candle requires elevated volume (0.8x average)
Pattern Strength Score - 0-1 quality rating based on level match + wick similarity
Optional Trend Context - Can require trend alignment (default: OFF for more signals)
Kangaroo Tail / Pin Bar Patterns:
No Pivot Delay - Instant detection without waiting for pivot confirmation
Body Position Check - Body must be at candle extremes (30% tolerance)
Volume Spike - Rejection must occur with volume (0.9x average)
Rejection Strength - Scores based on wick length (0.5-0.9 of range)
Optional Trend Context - Bearish in uptrends, Bullish in downtrends (default: OFF)
Zone Management
Auto-Created Zones - Every valid pattern creates a supply/demand zone
Overlap Prevention - Zones too close together (50% overlap) are not duplicated
Lifetime Control - Zones expire after 400 bars (configurable)
Smart Invalidation - Zones invalidate when price closes through them
Styling Options - Choose between Solid, Dashed, or Dotted borders
Border Width - 2px width for better visibility
Confluence Scoring System
Multi-factor confluence scoring (0-10 scale) with configurable weights:
Regime (EMA+HTF) - Trend alignment across timeframes (Weight: 2.0)
HTF Stack - Multi-timeframe trend confluence (Weight: 3.0)
Structure - Higher lows / Lower highs confirmation (Weight: 1.0)
Relative Volume - Volume surge validation (Weight: 1.0)
Chop Advantage - Favorable market conditions (Weight: 1.0)
Zone Thinness - Tight zones = better R/R (Weight: 1.0)
Supertrend - Trend indicator alignment (Weight: 1.0)
MOST - Moving Stop alignment (Weight: 1.0)
Pattern Strength - Quality of detected pattern (Weight: 1.5)
Zone Retest Signals
Signals generated when zones are retested:
BUY Signal - Price retests demand zone from above (score ≥4.5)
SELL Signal - Price retests supply zone from below (score ≥5.5)
Normalized Score - Displayed as 0-10 for easy interpretation
Optional Trend Gate - Require trend alignment for signals (default: OFF)
Alert Ready - Built-in alertconditions for automation
Additional Features
Auto-Threshold Tuning - Adapts to ATR and Choppiness automatically
Session Profiles - Different settings for RTH vs ETH sessions
Organized Settings - 15+ input groups for easy configuration
Optional Panels - HTF Stack overview and performance metrics (default: OFF)
Data Exports - Hidden plots for strategy/library integration
RTA Health Monitoring - Built-in performance tracking
Setup & Configuration
Quick Start:
1. Apply indicator to any timeframe
2. Patterns and zones appear automatically
3. Adjust pattern detection sensitivity if needed
4. Configure zone styling (Solid/Dashed/Dotted)
5. Set up alerts for zone retests
Key Settings to Adjust:
Pattern Detection:
• Min RelVolume: Lower = more signals (0.8 Tweezer, 0.9 Kangaroo)
• Require trend context: Enable for stricter, higher-quality patterns
• Check wick similarity: Ensures proper rejection structure
Zone Management:
• Zone lifetime: How long zones remain active (default: 400 bars)
• Invalidate on close-through: Remove zones when price breaks through
• Max overlap: Prevent duplicate zones (default: 50%)
Scoring:
• Min Score BUY/SELL: Higher = fewer but better signals (default: 4.5/5.5)
• Component weights: Customize what factors matter most
• Signals require trend gate: OFF = more signals, ON = higher quality
Visual Customization
Zone Colors - Light red/green with 85% transparency (non-intrusive)
Border Styles - Solid, Dashed, or Dotted
Label Intensity - Darker greens for better readability
Clean Charts - All panels OFF by default
Understanding the Zones
Supply Zones (Red):
Created from bearish patterns (Tweezer Tops, Kangaroo Bears). Price made a high attempt to push higher, but was rejected. These become resistance areas where sellers may step in again.
Demand Zones (Green):
Created from bullish patterns (Tweezer Bottoms, Kangaroo Bulls). Price made a low with strong rejection. These become support areas where buyers may step in again.
Zone Quality Indicators:
• White border = Fresh zone, not tested yet
• Gray border = Zone expired or invalidated
• Thin zones (tight range) = Better risk/reward ratio
• Thick zones = Less precise, wider stop required
Trading Applications
Reversal Trading - Enter at pattern detection with tight stops
Zone Retest Trading - Wait for retests of established zones
Trend Confluence - Trade only when patterns align with trend
Risk Management - Use zone boundaries for stop placement
Target Setting - Opposite zones become profit targets
Pro Tips
Best signals occur when pattern + zone retest + trend all align
Lower timeframes = more signals but more noise
Higher timeframes = fewer but more reliable signals
Start with default settings, adjust based on your market
Combine with other analysis (structure, key levels, etc.)
Use alerts to avoid staring at charts all day
Important Notes
Not all patterns will lead to successful trades
Use proper risk management and position sizing
Patterns work best in trending or range-bound markets
Very choppy conditions may produce lower-quality signals
Always confirm with your own analysis before trading
Technical Specifications
• Pine Script v6
• RTA-Core integration
• RTA Core Library integration
• Maximum 200 boxes, 500 labels
• Auto-tuning based on ATR and Choppiness
• Session-aware threshold adjustments
• Memory-optimized zone management
What's Included
Tweezer Top/Bottom detection
Kangaroo Tail / Pin Bar detection
Automatic supply/demand zone creation
Volume validation system
Pattern strength scoring
Zone retest signals
Multi-factor confluence scoring
Optional HTF Stack panel
Optional performance metrics
Session profile support
Auto-threshold tuning
Alert conditions
Data exports for strategies
Author Waves Unchained
Version 1.0
Status Public Indicator
Summary
Reversal pattern detection with zone management, volume validation, and confluence scoring for tweezer and kangaroo tail patterns.
---
Disclaimer: This indicator is for educational and informational purposes only. Trading involves risk. Past performance does not guarantee future results. Always practice proper risk management.
DAMMU Buy vs Sell Liquidity + DifferenceIndicator Name:
Buy vs Sell Liquidity + Difference
Purpose:
This indicator helps traders analyze market liquidity by comparing the cumulative buy and sell volumes within a specified timeframe. It shows which side (buyers or sellers) is dominating and the magnitude of the imbalance.
Key Features:
Aggregation Timeframe:
Users can select the timeframe (1, 2, 3, 5, 15, 30 minutes) for which volume is analyzed.
Buy & Sell Volume Calculation:
Buy Volume: Total volume of candles where close > open.
Sell Volume: Total volume of candles where close < open.
Daily Reset:
Totals reset at the start of each new day, ensuring intra-day liquidity analysis.
Difference Calculation:
Shows the absolute difference between buy and sell volumes.
Also calculates the difference as a percentage of total volume.
Percentages:
Displays buy %, sell %, and diff % to 4 decimal places, giving precise insights.
Table Display:
A two-row table in the top-right corner of the chart:
Row 1: Absolute totals for BUY, SELL, and DIFF (full numbers with commas).
Row 2: Percentages for BUY, SELL, and DIFF (4 decimals).
Uses color coding: Green for BUY, Red for SELL, Dynamic for DIFF (based on dominance).
How to Use:
High Buy Volume: Indicates strong buying pressure; bullish sentiment.
High Sell Volume: Indicates strong selling pressure; bearish sentiment.
Large DIFF %: Signals dominant market side; useful for short-term scalping or spotting liquidity imbalance.
Comparing BUY vs SELL %: Helps identify when the market may reverse or continue the trend.
If you want, I can also make a 1-paragraph “trader-friendly” explanation that you could directly include in your Pine Script as a comment or in a strategy guide.
Trend Fib Zone Bounce (TFZB) [KedArc Quant]Description:
Trend Fib Zone Bounce (TFZB) trades with the latest confirmed Supply/Demand zone using a single, configurable Fib pullback (0.3/0.5/0.6). Trade only in the direction of the most recent zone and use a single, configurable fib level for pullback entries.
• Detects market structure via confirmed swing highs/lows using a rolling window.
• Draws Supply/Demand zones (bearish/bullish rectangles) from the latest MSS (CHOCH or BOS) event.
• Computes intra zone Fib guide rails and keeps them extended in real time.
• Triggers BUY only inside bullish zones and SELL only inside bearish zones when price touches the selected fib and closes back beyond it (bounce confirmation).
• Optional labels print BULL/BEAR + fib next to the triangle markers.
What it does
Finds structure using confirmed swing highs/lows (you choose the confirmation length).
Builds the latest zone (bullish = demand, bearish = supply) after a CHOCH/BOS event.
Draws intra-zone “guide rails” (Fib lines) and extends them live.
Signals only with the trend of that zone:
BUY inside a bullish zone when price tags the selected Fib and closes back above it.
SELL inside a bearish zone when price tags the selected Fib and closes back below it.
Optional labels print BULL/BEAR + Fib next to triangles for quick context
Why this is different
Most “zone + fib + signal” tools bolt together several indicators, or fire counter-trend signals because they don’t fully respect structure. TFZB is intentionally minimal:
Single bias source: the latest confirmed zone defines direction; nothing else overrides it.
Single entry rule: one Fib bounce (0.3/0.5/0.6 selectable) inside that zone—no counter-trend trades by design.
Clean visuals: you can show only the most recent zone, clamp overlap, and keep just the rails that matter.
Deterministic & transparent: every plot/label comes from the code you see—no external series or hidden smoothing
How it helps traders
Cuts decision noise: you always know the bias and the only entry that matters right now.
Forces discipline: if price isn’t inside the active zone, you don’t trade.
Adapts to volatility: pick 0.3 in strong trends, 0.5 as the default, 0.6 in chop.
Non-repainting zones: swings are confirmed after Structure Length bars, then used to build zones that extend forward (they don’t “teleport” later)
How it works (details)
*Structure confirmation
A swing high/low is only confirmed after Structure Length bars have elapsed; the dot is plotted back on the original bar using offset. Expect a confirmation delay of about Structure Length × timeframe.
*Zone creation
After a CHOCH/BOS (momentum shift / break of prior swing), TFZB draws the new Supply/Demand zone from the swing anchors and sets it active.
*Fib guide rails
Inside the active zone TFZB projects up to five Fib lines (defaults: 0.3 / 0.5 / 0.7) and extends them as time passes.
*Entry logic (with-trend only)
BUY: bar’s low ≤ fib and close > fib inside a bullish zone.
SELL: bar’s high ≥ fib and close < fib inside a bearish zone.
*Optionally restrict to one signal per zone to avoid over-trading.
(Optional) Aggressive confirm-bar entry
When do the swing dots print?
* The code confirms a swing only after `structureLen` bars have elapsed since that candidate high/low.
* On a 5-min chart with `structureLen = 10`, that’s about 50 minutes later.
* When the swing confirms, the script plots the dot back on the original bar (via `offset = -structureLen`). So you *see* the dot on the old bar, but it only appears on the chart once the confirming bar arrives.
> Practical takeaway: expect swing markers to appear roughly `structureLen × timeframe` later. Zones and signals are built from those confirmed swings.
Best timeframe for this Indicator
Use the timeframe that matches your holding period and the noise level of the instrument:
* Intraday :
* 5m or 15m are the sweet spots.
* Suggested `structureLen`:
* 5m: 10–14 (confirmation delay \~50–70 min)
* 15m: 8–10 (confirmation delay \~2–2.5 hours)
* Keep Entry Fib at 0.5 to start; try 0.3 in strong trends, 0.6 in chop.
* Tip: avoid the first 10–15 minutes after the open; let the initial volatility set the early structure.
* Swing/overnight:
* 1h or 4h.
* `structureLen`:
* 1h: 6–10 (6–10 hours confirmation)
* 4h: 5–8 (20–32 hours confirmation)
* 1m scalping: not recommended here—the confirmation lag relative to the noise makes zones less reliable.
Inputs (all groups)
Structure
• Show Swing Points (structureTog)
o Plots small dots on the bar where a swing point is confirmed (offset back by Structure Length).
• Structure Length (structureLen)
o Lookback used to confirm swing highs/lows and determine local structure. Higher = fewer, stronger swings; lower = more reactive.
Zones
• Show Last (zoneDispNum)
o Maximum number of zones kept on the chart when Display All Zones is off.
• Display All Zones (dispAll)
o If on, ignores Show Last and keeps all zones/levels.
• Zone Display (zoneFilter): Bullish Only / Bearish Only / Both
o Filters which zone types are drawn and eligible for signals.
• Clean Up Level Overlap (noOverlap)
o Prevents fib lines from overlapping when a new zone starts near the previous one (clamps line start/end times for readability).
Fib Levels
Each row controls whether a fib is drawn and how it looks:
• Toggle (f1Tog…f5Tog): Show/hide a given fib line.
• Level (f1Lvl…f5Lvl): Numeric ratio in . Defaults active: 0.3, 0.5, 0.7 (0 and 1 off by default).
• Line Style (f1Style…f5Style): Solid / Dashed / Dotted.
• Bull/Bear Colors (f#BullColor, f#BearColor): Per-fib color in bullish vs bearish zones.
Style
• Structure Color: Dot color for confirmed swing points.
• Bullish Zone Color / Bearish Zone Color: Rectangle fills (transparent by default).
Signals
• Entry Fib for Signals (entryFibSel): Choose 0.3, 0.5 (default), or 0.6 as the trigger line.
• Show Buy/Sell Signals (showSignals): Toggles triangle markers on/off.
• One Signal Per Zone (oneSignalPerZone): If on, suppresses additional entries within the same zone after the first trigger.
• Show Signal Text Labels (Bull/Bear + Fib) (showSignalLabels): Adds a small label next to each triangle showing zone bias and the fib used (e.g., BULL 0.5 or BEAR 0.3).
How TFZB decides signals
With trend only:
• BUY
1. Latest active zone is bullish.
2. Current bar’s close is inside the zone (between top and bottom).
3. The bar’s low ≤ selected fib and it closes > selected fib (bounce).
• SELL
1. Latest active zone is bearish.
2. Current bar’s close is inside the zone.
3. The bar’s high ≥ selected fib and it closes < selected fib.
Markers & labels
• BUY: triangle up below the bar; optional label “BULL 0.x” above it.
• SELL: triangle down above the bar; optional label “BEAR 0.x” below it.
Right-Panel Swing Log (Table)
What it is
A compact, auto-updating log of the most recent Swing High/Low events, printed in the top-right of the chart.
It helps you see when a pivot formed, when it was confirmed, and at what price—so you know the earliest bar a zone-based signal could have appeared.
Columns
Type – Swing High or Swing Low.
Date – Calendar date of the swing bar (follows the chart’s timezone).
Swing @ – Time of the original swing bar (where the dot is drawn).
Confirm @ – Time of the bar that confirmed that swing (≈ Structure Length × timeframe after the swing). This is also the earliest moment a new zone/entry can be considered.
Price – The swing price (high for SH, low for SL).
Why it’s useful
Clarity on repaint/confirmation: shows the natural delay between a swing forming and being usable—no guessing.
Planning & journaling: quick reference of today’s pivots and prices for notes/backtesting.
Scanning intraday: glance to see if you already have a confirmed zone (and therefore valid fib-bounce entries), or if you’re still waiting.
Context for signals: if a fib-bounce triangle appears before the time listed in Confirm @, it’s not a valid trade (you were too early).
Settings (Inputs → Logging)
Log swing times / Show table – turn the table on/off.
Rows to keep – how many recent entries to display.
Show labels on swing bar – optional tags on the chart (“Swing High 11:45”, “Confirm SH 14:15”) that match the table.
Recommended defaults
• Structure Length: 10–20 for intraday; 20–40 for swing.
• Entry Fib for Signals: 0.5 to start; try 0.3 in stronger trends and 0.6 in choppier markets.
• One Signal Per Zone: ON (prevents over trading).
• Zone Display: Both.
• Fib Lines: Keep 0.3/0.5/0.7 on; turn on 0 and 1 only if you need anchors.
Alerts
Two alert conditions are available:
• BUY signal – fires when a with trend bullish bounce at the selected fib occurs inside a bullish zone.
• SELL signal – fires when a with trend bearish bounce at the selected fib occurs inside a bearish zone.
Create alerts from the chart’s Alerts panel and select the desired condition. Use Once Per Bar Close to avoid intrabar flicker.
Notes & tips
• Swing dots are confirmed only after Structure Length bars, so they plot back in time; zones built from these confirmed swings do not repaint (though they extend as new bars form).
• If you don’t see a BUY where you expect one, check: (1) Is the active zone bullish? (2) Did the candle’s low actually pierce the selected fib and close above it? (3) Is One Signal Per Zone suppressing a second entry?
• You can hide visual clutter by reducing Show Last to 1–3 while keeping Display All Zones off.
Glossary
• CHOCH (Change of Character): A shift where price breaks beyond the last opposite swing while local momentum flips.
• BOS (Break of Structure): A cleaner break beyond the prior swing level in the current momentum direction.
• MSS: Either CHOCH or BOS – any event that spawns a new zone.
Extension ideas (optional)
• Add fib extensions (1.272 / 1.618) for target lines.
• Zone quality score using ATR normalization to filter weak impulses.
• HTF filter to only accept zones aligned with a higher timeframe trend.
⚠️ Disclaimer This script is provided for educational purposes only.
Past performance does not guarantee future results.
Trading involves risk, and users should exercise caution and use proper risk management when applying this strategy.
Trading Mastery Indicator# Trading Mastery Indicator - Complete User Guide
## Overview
The Trading Mastery Indicator is a professional-grade technical analysis tool that provides high-probability trading signals with complete trade management information including entry, stop loss, and take profit levels.
## Key Features
- High-Quality Signal Detection: Identifies strong, medium, and weak trading opportunities
- Complete Trade Setup: Provides entry, stop loss, and take profit for every signal
- Risk Management: Calculates risk-to-reward ratios automatically
- Elliott Wave Analysis: Integrated wave pattern and position analysis
- Active Signal Tracking: Shows when you're currently in a trade
- Professional Alerts: Detailed notifications with all trade parameters
## Signal Quality Classification
### STRONG Signals (Premium Quality)
- Reliability: Highest probability setups
- Market Conditions: Strong trending environments
- Color: Teal for buys, Red for sells
- When to Trade: These are your primary trading opportunities
- Risk Profile: Lowest risk, highest reward potential
### MEDIUM Signals (Standard Quality)
- Reliability: Good probability setups
- Market Conditions: Moderate trend or consolidation breakouts
- Color: Gold for buys, Purple for sells (Change to Blue Gray)
- When to Trade: Secondary opportunities when strong signals are scarce
- Risk Profile: Moderate risk, good reward potential
### WEAK Signals (Entry Quality)
- Reliability: Lower probability setups
- Market Conditions: Counter-trend or unclear market structure
- Color: Coral for buys, Pink for sells
- When to Trade: Only for experienced traders in specific market conditions
- Risk Profile: Higher risk, variable reward
## How to Use the Indicator
### 1. Signal Settings Configuration
Signal Filter Options:
- All Signals: Shows every trading opportunity (strong, medium, weak)
- High Quality Only: Shows only the highest probability setups
- High + Medium Quality**: Balanced approach filtering out weak signals
Recommended Settings by Experience:
- Beginner: Use "High Quality Only"
- Intermediate: Use "High + Medium Quality"
- Advanced: Use "All Signals" with proper risk management
Label Controls:
- Label Position: Adjust how close labels appear to candles
- Label Text Size: Choose based on screen size and preference
- Maximum Labels: Control chart clutter (recommended: 20)
### 2. Understanding the Professional Panel
The panel provides real-time market intelligence:
Primary Trend: Market direction analysis
- BULLISH TREND: Look for buy opportunities only
- BEARISH TREND: Look for sell opportunities only
- CONSOLIDATION: Market indecision, trade with caution
Wave Pattern: Elliott Wave structure analysis
- IMPULSE UP: Strong bullish momentum
- IMPULSE DOWN: Strong bearish momentum
- CORRECTION: Sideways/corrective movement
Wave Position: Current Elliott Wave position
- WAVE 3 (STRONG): Most powerful moves, best for trend following
- WAVE 1 OR 5: Beginning or ending waves
- WAVE 2 OR 4: Corrective phases, lower probability
- CORRECTIVE ABC: Wait for pattern completion
Signal Grade: Current signal status
- SIGNAL ACTIVE: You're currently in a trade
- PREMIUM/STANDARD/SPECULATIVE: New signal quality
- NO SIGNAL: No current opportunities
Trading Bias: Overall market direction
- LONG BIAS: Focus on buy opportunities
- SHORT BIAS: Focus on sell opportunities
- NEUTRAL: No clear directional bias
### 3. Reading Signal Labels
Each signal provides complete trade setup information:
```
STRONG BUY
━━━━━━━━━━━━━━━━━━━━
💰 Entry: 1875.50
🛡️ SL: 1860.25
🎯 TP: 1905.75
📈 R:R = 1:2.0
━━━━━━━━━━━━━━━━━━━━
```
Understanding the Information:
- Entry: Exact price level to enter the trade
- SL: Stop loss level (risk management)
- TP: Take profit level (profit target)
- R:R: Risk-to-reward ratio (1:2.0 means you risk 1 to make 2)
### 4. Entry/TP/SL Level Lines
Visual trade management aids:
- Blue Solid Line: Entry level
- Red Dashed Line: Stop loss level
- Green Dashed Line: Take profit level
- Small Labels: "ENTRY", "SL", "TP" markers
## Trading Strategy Guidelines
### Trend Following Strategy
1. Check Panel: Ensure trend aligns with your trade direction
2. Wait for Signals: Only trade in the direction of the primary trend
3. Quality First: Focus on STRONG signals during trending markets
4. Wave Timing: WAVE 3 positions offer the best trending opportunities
### Reversal Strategy
1. Look for Divergence: Panel shows trend change signals
2. Wait for Confirmation: Don't jump early on potential reversals
3. Use MEDIUM Signals: Often good for catching early trend changes
4. Watch Wave Position: CORRECTIVE ABC patterns may signal trend completion
### Risk Management Rules
Position Sizing:
- Risk no more than 1-2% of account per trade
- Use the provided R:R ratios to calculate position sizes
- Stronger signals can justify slightly larger positions
Stop Loss Management:
- Always use the provided stop loss levels
- Never move stops against your position
- Consider trailing stops once trade moves in your favor
Take Profit Strategy:
- Use provided TP levels as minimum targets
- Consider taking partial profits at TP level
- Let strong trends run beyond TP in trending markets
## Best Practices by Timeframe
### Scalping (M1-M5)
- Use "High Quality Only" filter
- Focus on STRONG signals only
- Quick entry and exit
- Expect more false signals due to market noise
### Intraday Trading (M15-H1)
- Use "High + Medium Quality" filter
- Good balance of opportunity and reliability
- Hold trades for several hours
- Most versatile timeframe for the indicator
### Swing Trading (H4-Daily)
- Use "All Signals" with proper analysis
- Hold trades for days to weeks
- Most reliable signals on higher timeframes
- Best for beginners due to less noise
## Panel Customization
Position Options:
- Top Right: Default, doesn't interfere with price action
- Top Left: Good for wide screens
- Bottom corners: Keeps important info visible while analyzing tops
- Middle positions: Central reference, good for multi-monitor setups
Size Options:
- Small: Minimal screen space, good for small screens
- Normal: Balanced visibility and space usage
- Large: Easy reading, good for detailed analysis
Transparency: Adjust 0-95% based on preference and chart background
## Common Mistakes to Avoid
### Signal Interpretation Errors
- Don't ignore the trend: Trading against primary trend reduces success
- Don't chase weak signals: Focus on quality over quantity
- Don't ignore wave position: WAVE 2/4 corrections are lower probability
### Risk Management Errors
- Don't skip stop losses: Every signal includes SL for a reason
- Don't risk too much: Even strong signals can fail
- Don't move stops against position: Stick to the plan
### Psychological Errors
- Don't overtrade: Wait for quality setups
- Don't second-guess strong signals: Trust the analysis
- Don't panic on normal drawdowns: Expect some losing trades
## Alert Configuration
Enable alerts for:
- Strong signals: Primary trading opportunities
- Medium signals: Secondary opportunities (optional)
- Signal active status: Know when you're in trades
Alert messages include complete trade information for easy execution.
## Performance Optimization
### For Best Results:
1. Combine with price action: Look for confluence with support/resistance
2. Consider market sessions: Different sessions have different characteristics
3. Monitor news events: Avoid trading during high-impact news
4. Keep a trading journal: Track which signals work best for your style
### Regular Review:
- Weekly analysis: Review which signal types performed best
- Timeframe assessment: Determine your most profitable timeframes
- Strategy refinement: Adjust filters based on performance data
## Troubleshooting
If you're not seeing signals:
- Check that "Show Buy/Sell Signals" is enabled
- Verify your signal filter isn't too restrictive
- Market may be in a consolidation phase
If labels are cluttered:
- Reduce "Maximum Labels to Show"
- Change label position to "Far from Candle"
- Use smaller label text size
If panel is in the way:
- Change panel position
- Increase transparency
- Reduce panel size
- Toggle panel off temporarily
Remember: This indicator provides analysis and signals, but successful trading also requires proper risk management, emotional discipline, and understanding of market conditions. Always practice with demo accounts before risking real capital, and never risk more than you can afford to lose.
Multipower Entry SecretMultipower Entry Secret indicator is designed to be the ultimate trading companion for traders of all skill levels—especially those who struggle with decision-making due to unclear or overwhelming signals. Unlike conventional trading systems cluttered with too many lines and confusing alerts, this indicator provides a clear, adaptive, and actionable guide for market entries and exits.
Key Points:
Clear Buy/Sell/Wait Signals:
The script dynamically analyzes price action, candle patterns, volume, trend strength, and higher time frame context. This means it gives you “Buy,” “Sell,” or “Wait” signals based on real, meaningful market information—filtering out the noise and weak trades.
Multi-Timeframe Adaptive Analysis:
It synchronizes signals between higher and current timeframes, ensuring you get the most reliable direction—reducing the risk of getting caught in fake moves or sudden reversals.
Automatic Support, Resistance & Liquidity Zones:
Key levels like support, resistance, and liquidity zones are auto-detected and displayed directly on the chart, helping you make precise decisions without manual drawing.
Real-Time Dashboard:
All relevant information, such as trend strength, market intent, volume sentiment, and the reason behind each signal, is neatly summarized in a dashboard—making monitoring effortless and intuitive.
Customizable & Beginner-Friendly:
Whether you’re a newcomer wanting straightforward guidance or a professional needing advanced customization, the indicator offers flexible options to adjust analysis depth, timeframes, sensitivity, and more.
Visual & Clutter-Free:
The design ensures that your chart remains clean and readable, showing only the most important information. This minimizes mental overload and allows for instant decision-making.
Who Will Benefit?
Beginners who want to learn trading logic, avoid common traps, and see the exact reason behind every signal.
Advanced traders who require adaptive multi-timeframe analytics, fast execution, and stress-free monitoring.
Anyone who wants to save screen time, reduce analysis paralysis, and have more confidence in every trade they take.
1. No Indicator Clutter
Intent:
Many traders get confused by charts filled with too many indicators and signals. This often leads to hesitation, missed trades, or taking random, risky trades.
In this Indicator:
You get a clean and clutter-free chart. Only the most important buy/sell/wait signals and relevant support/resistance/liquidity levels are shown. These update automatically, removing the “overload” and keeping your focus sharp, so your decision-making is faster and stress-free.
2. Exact Entry Guide
Intent:
Traders often struggle with entry timing, leading to FOMO (fear of missing out) or getting trapped in sudden market reversals.
In this Indicator:
The system uses powerful adaptive logic to filter out weak signals and only highlight the strongest market moves. This not only prevents you from entering late or on noise, but also helps avoid losses from false breakouts or whipsaws. You get actionable suggestions—when to enter, when to hold back—so your entries are high-conviction and disciplined.
3. HTF+LTF Logic: Multitimeframe Sync Analysis
Intent:
Most losing trades happen when you act only on the short-term chart, ignoring the bigger market trend.
In this Indicator:
Signals are based on both the current chart timeframe (LTF) and a higher (HTF, like hourly/daily) timeframe. The indicator synchronizes trend direction, momentum, and structure across both levels, quickly adapting to show you when both are aligned. This filtering results in “only trade with the bigger trend”—dramatically increasing your win rate and market confidence.
4. Auto Support/Resistance & Liquidity Zones
Intent:
Drawing support/resistance and liquidity zones manually is time-consuming and error-prone, especially for beginners.
In this Indicator:
The system automatically identifies and plots the most crucial support/resistance levels and liquidity zones on your chart. This is based on adaptive, real-time price and volume analysis. These zones highlight where major institutional activity, trap setups, or real breakouts/reversals are most likely, removing guesswork and giving you a clear reference for entries, exits, and stop placements.
5. Clear Action/Direction
Intent:
Traders need certainty—what does the market want right now? Most indicators are vague.
In this Indicator:
Your dashboard always displays in plain words (like “BUY”, “SELL”, or “WAIT”) what action makes sense in the current market phase. Whether it’s a bull trap, volume spike, wick reversal, or exhaustion—it’s interpreted and explained clearly. No more confusion—just direct, real-time advice.
6. For Everyone (Beginner to Pro)
Intent:
Most advanced indicators are overwhelming for new traders; simple ones lack depth for professionals.
In this Indicator:
It is simple enough for a beginner—just add it to the chart and instantly see what action to consider. At the same time, it includes advanced adaptive analysis, multi-timeframe logic, and customizable settings so professional traders can fine-tune it for their strategies.
7. Ideal Usage and User Benefits
Instant Decision Support:
Whenever you’re unsure about a trade, just look at the indicator’s suggestion for clarity.
Entry Learning:
Beginners get real-time “practice” by not only seeing signals, but also the reason behind them—improving your chart reading and market understanding.
Screen Time & Stress Reduction:
Clear, relevant information only; no noise, less fatigue, faster decisions.
Makes Trading Confident & Simple:
The smart dashboard splits actionable levels (HTF, LTF, action) so you never miss a move, avoid traps, and stay aligned with high-probability trades.
8. Advanced Input Settings (Smart Customization)
Explained with Examples:
Enable Wick Analysis:
Finds candles with strong upper/lower wicks (signs of rejection/buying/selling force), alerting you to hidden reversals and protecting from FOMO entries.
Enable Absorption:
Detects when heavy order flow from one side is “absorbed” by the other (shows where institutional buyers/sellers are likely active, helps spot fake breakouts).
Enable Unusual Breakout:
Highlights real breakouts—large volatility plus high volume—so you catch genuine moves and avoid random spikes.
Enable Range/Expansion:
Smartly flags sudden range expansions—when the market goes from quiet to volatile—so you can act at the start of real trends.
Trend Bar Lookback:
Adjusts how many bars/candles are used in trend calculations. Short (fast trades, more signals), long (more reliability, fewer whipsaws).
Bull/Bear Bars for Strong Trend Min:
Sets how many candles in a row must support a trend before calling it “strong”—prevents flipping signals, keeps you disciplined.
Volume MA Length:
Lets you adjust how many bars back volume is averaged—fine-tune for your asset and trading style for best volume signals.
Swing Lookback Bars:
Set how many bars to use for swing high/low detection—short (quick swing levels), long (stronger support/resistance).
HTF (Bias Window):
Decide which higher timeframe the indicator should use for big-picture market mood. Adjustable for any style (scalp, swing, position).
Adaptive Lookback (HTF):
Choose how much HTF history is used for detecting major extremes/zones. Quick adjust for more/less sensitivity.
Show Support/Resistance, Liquidity Zones, Trendlines:
Toggle them on/off instantly per your needs—keeps your chart relevant and tailored.
9. Live Dashboard Sections Explained
Intent HTF:
Shows if the bigger timeframe currently has a Bullish, Bearish, or Neutral (“Chop”) intent, based on strict volume/price body calculations. Instant clarity—no more guessing on trend bias.
HTF Bias:
Clear message about which side (buy/sell/sideways) controls the market on the higher timeframe, so you always trade with the “big money.”
Chart Action:
The central action for the current bar—Whether to Buy, Sell, or Wait—calculated from all indicator logic, not just one rule.
TrendScore Long/Short:
See how many candles in your chosen window were bullish or bearish, at a glance. Instantly gauge market momentum.
Reason (WHY):
Every time a signal appears, the “reason” cell tells you the primary logic (breakout, wick, strong trend, etc.) behind it. Full transparency and learning—never trade blindly.
Strong Trend:
Shows if the market is currently in a powerful trend or not—helping you avoid choppy, risky entries.
HTF Vol/Body:
Displays current higher timeframe volume and candle body %—helping spot when big players are active for higher probability trades.
Volume Sentiment:
A real-time analysis of market psychology (strong bullish/bearish, neutral)—making your decision-making much more confident.
10. Smart and User-Friendly Design
Multi-timeframe Adaptive:
All calculations can now be drawn from your choice of higher or current timeframe, ensuring signals are filtered by larger market context.
Flexible Table Position:
You can set the live dashboard/summary anywhere on the chart for best visibility.
Refined Zone Visualization:
Liquidity and order blocks are visually highlighted, auto-tuning for your settings and always cleaning up to stay clutter-free.
Multi-Lingual & Beginner Accessible:
With Hindi and simple English support, descriptions and settings are accessible for a wide audience—anyone can start using powerful trading logic with zero language barrier.
Efficient Labels & Clear Reasoning:
Signal labels and reasons are shown/removed dynamically so your chart stays informative, not messy.
Every detail of this indicator is designed to make trading both simpler and smarter—helping you avoid the common pitfalls, learn real price action, stay in sync with the market’s true mood, and act with discipline for higher consistency and confidence.
This indicator makes professional-grade market analysis accessible to everyone. It’s your trusted assistant for making smarter, faster, and more profitable trading decisions—providing not just signals, but also the “why” behind every action. With auto-adaptive logic, clear visuals, and strong focus on real trading needs, it lets you focus on capturing the moves that matter—every single time.
Climax Absorption Engine [AlgoPoint]Overview
Have you ever noticed that during a sharp, fast-moving trend, the single candle with the highest volume often appears right at the end, just before the price reverses? This is no coincidence. It's the footprint of a Climax Event.
This indicator is designed to detect these critical moments of maximum panic (capitulation) and maximum euphoria (FOMO). These are the moments when retail traders are driven by emotion, creating a massive pool of liquidity. The "Climax Absorption Engine" identifies when Smart Money is likely absorbing this liquidity to enter large positions against the crowd, right before a potential reversal.
It's a tool built not just on mathematical formulas, but on the principles of market psychology and smart money activity.
How It Works: The 3-Step Logic
The indicator uses a sequential, three-step process to identify high-probability reversal setups:
1. Momentum Move Detection: First, the engine identifies a period of strong, directional momentum. It looks for a series of consecutive, same-colored candles and confirms that the move is backed by a steeply sloped moving average. This ensures we are only looking for climactic events at the end of a significant, non-random move.
2. Climax Candle Identification: Within this momentum move, the indicator scans for a candle with abnormally high volume—a volume spike that is significantly larger than the recent average. This candle is marked on your chart with a diamond shape and is identified as the Climax Candle. This is the point of peak emotion and the primary area of interest. No signal is generated yet.
3. Absorption & Reversal Confirmation: A climax is a warning, not a signal. The final signal is only triggered after the market confirms the reversal.
- For a BUY Signal: After a bearish (red) Climax Candle, the indicator waits for a subsequent green candle to close decisively above the midpoint of the Climax Candle. This confirms that the panic selling has been absorbed by buyers.
- For a SELL Signal: After a bullish (green) Climax Candle, it waits for a subsequent red candle to close decisively below the midpoint. This confirms that the euphoric buying has evaporated.
How to Interpret & Use This Indicator
- The Diamond Shape: A diamond shape on your chart is an early warning. It signifies that a climax event has occurred and the underlying trend is exhausted. This is the time to pay close attention and prepare for a potential reversal.
- The BUY/SELL Labels: These are the final, actionable signals. They appear only after the reversal has been confirmed by price action.
- A BUY signal suggests that capitulation selling is over, and buyers have absorbed the pressure.
- A SELL signal suggests that FOMO buying is over, and sellers are now in control.
Key Settings
- Momentum Detection: Adjust the number of consecutive bars and the EMA slope required to define a valid momentum move.
- Climax Detection: Fine-tune the sensitivity of the volume spike detection using the Volume Multiplier. Higher values will find only the most extreme events.
- Confirmation Window: Define how many bars the indicator should wait for a reversal candle after a climax event before the setup is cancelled.
Chanlun ZSLX pen czsc Channel Chan Theory🏆 Chanzhongshuochan (CZSC) ZSLX Recursive Version Indicator - Flagship Edition
Background
A Decade of Craftsmanship, a Major Upgrade
This Chanzhongshuochan (Chan Theory) indicator has undergone nearly 10 years of meticulous refinement and continuous optimization. Since its initial design in 2015, it has been validated through real trading practice. Now, it makes its debut on TradingView with a brand-new upgrade, featuring more comprehensive functions and superior performance.
It truly implements all core theories from the original Chan Theory texts, including a complete system covering candlestick containment processing, fractal identification, pen-segment analysis, pivot zone theory, trading signal (buy/sell point) positioning, and divergence analysis. It serves as a professional and all-encompassing technical analysis tool for Chan Theory enthusiasts in the industry.
🎯 Chinese Translation for User Indicator Interface:
● 顶背离: Top Divergence
● 底背离: Bottom Divergence
● 顶背驰: Top Divergence Including Trend Structure
● 底背驰: Bottom Divergence Including Trend Structure
● 趋势: Trend
● 盘整: Consolidation
● 扩张: Expansion
● 大级别盘整: Higher-Timeframe Consolidation
● 一买: First Buy Signal
● 二买: Second Buy Signal
● 类二买：Quasi-Second Buy Signal
● 三买: Third Buy Signal
● 一卖: First Sell Signal
● 二卖: Second Sell Signal
● 类二卖：Quasi-Second Sell Signal
● 三卖: Third Sell Signal
📦 Parameter Settings
● Number of Candlesticks for Calculation: Up to 5,000 candlesticks. Even free TradingView users are limited to this data volume.
● Pen Detail Parameters: Adjustable options include "Old Pen", "New Pen", "Pen Based on Secondary High/Low", "Pen Based on Absolute High/Low", and "Strict Pen". Select via numerical options corresponding to each type.
● MA (Moving Average) and Bollinger Bands Display Parameters: Check the box to enable display; uncheck to hide (configure as needed).
● Pivot Zone Price & Pen-Segment Price Display: Check the box to enable display; uncheck to hide (configure as needed).
● MACD Parameters: Adjustable according to personal needs (set the periods for fast EMA, slow EMA, and signal line).
● MA Parameters: Default values can be manually adjusted.
● Pen Divergence, Segment Divergence, & Pen-Segment Divergence Display: Check the box to enable display; uncheck to hide (configure as needed).
● Pen-Segment Divergence Alert: Disabled by default. Enable by checking the box. To set up alerts:
a. Go to TradingView’s "Alerts" interface.
b. Under "Condition", select this indicator.
c. Choose "Any alert() function call".
d. Set the notification type, then create the alert to receive notifications.
🔥 Integration of Other Common Indicators & Rationale
● ✅ Moving Average (MA): Chan Theory inherently uses MA overlay for analysis. Adding MA here allows users to analyze price trends from multiple perspectives, making it an essential inclusion.
● ✅ Bollinger Bands: Combining Bollinger Bands (a price channel tool) with Chan Theory provides additional perspectives for trend analysis and improves accuracy, hence its integration.
● ✅ MACD: A 不可或缺 (indispensable) indicator for analyzing trend strength in Chan Theory. It is integrated to facilitate seamless analysis.
● ✅ Rationale for Integrating Shared Core Code between Two Scripts:
The scripts Chanlun ZSLX pen czsc Channel Chan Theory and Chanlun FBFD pen czsc Channel Chan Theory share some underlying code. Here’s why integration is necessary:
○ The core logics of the original Chan Theory — including candlestick containment processing, MACD divergence analysis, candlestick objects, and pen-related calculations — are identical in both scripts.
○ However, significant differences exist in the top-level logics for segment division, trend recursion, display effects, and functions.
○ Additionally, TradingView imposes limits on script code size, making it impossible to fully integrate the two versions’ line-drawing features into one.
○ Therefore, this indicator reuses shared code components, including:
■ The Start_kxian() function (returns candlestick objects),
■ The Start_bi() function (returns pen objects),
■ The showKxianzsfunc() function (draws candlestick-based pivot zones),
■ MACD divergence judgment code.
🎯 Technical Principles
🔥 1. Comprehensive Coverage of Original Chan Theory Functions
● ✅ Real-Time Candlestick Containment Processing – Intelligent Recognition of Containment Relationships
○ In uptrends: Select the higher high and higher low values (prioritize higher extremes).
○ In downtrends: Select the lower high and lower low values (prioritize lower extremes).
● ✅ Accurate Fractal Marking – Automatic Identification of Top/Bottom Fractals
○ When the "Old/New Pen" parameter is set to 2, the high/low points of each top/bottom fractal are plotted.
○ Top Fractal: Among three consecutive candlesticks, the middle candlestick has a higher high and a higher low than the adjacent two.
○ Bottom Fractal: Among three consecutive candlesticks, the middle candlestick has a lower low and a lower high than the adjacent two.
● ✅ Multi-Dimensional Pen-Segment Analysis – Complete System for Pens & Segments
○ Pens:
■ Old Pen: Strictly follows the traditional Chan Theory definition of "pen".
■ New Pen: Adheres to the more flexible "new pen" definition from the original Chan Theory.
■ Fractal Pen: Forms a pen directly from top/bottom fractals (responds to price changes; many peers misclassify this as a "sub-timeframe pen").
○ Segments: This version adopts a recursive logic. While some single pens are treated as segments (differing from pure segment division), most segment-drawing results align with standard methods — the core difference lies in the line-drawing logic.
● ✅ Multi-Level Pivot Zone Integration – Candlestick-, Pen-, & Segment-Based Pivot Zones
○ Candlestick Pivot Zone: The smallest-level pivot zone in Chan Theory.
○ Pen Pivot Zone: Follows the original Chan Theory for division — the zone’s high is the lowest high of overlapping pens; the zone’s low is the highest low of overlapping pens.
○ Segment Pivot Zone: Follows the original Chan Theory for division — the zone’s high is the lowest high of overlapping segments; the zone’s low is the highest low of overlapping segments.
● ✅ Intelligent Trading Signals – Accurate Positioning of Three Types of Buy/Sell Points
○ Type 1 Buy/Sell Signal
■ Principle: Based on Chan Theory’s "trend divergence" — momentum weakens when a trend structure forms.
■ Analysis Method: Identify bottom divergence (for buys) or top divergence (for sells) in the final pivot zone of a trend structure.
■ Application: For reference only. Comprehensive analysis requires combining momentum decay across multiple timeframes.
○ Type 2 Buy/Sell Signal
■ Principle: The first pullback low (for buys) or rebound high (for sells) after a Type 1 signal concludes.
■ Analysis Method: After a Type 1 structure forms, prices may occasionally break previous lows/highs.
■ Application: For reference only. Comprehensive analysis requires combining momentum decay across multiple timeframes.
○ Type 3 Buy/Sell Signal
■ Principle: A standard Type 3 buy signal occurs when prices break above the first pivot zone after a Type 1 buy, then pull back to test the zone. For ease of monitoring, all "breakout + pullback" patterns are marked as Type 3 signals here.
■ Identification Method: Beginners are advised to trade standard Type 3 structures (post-Type 1 signals), though such structures are relatively rare.
■ Application: For reference only. Comprehensive analysis requires combining momentum decay across multiple timeframes.
● ✅ Divergence Alert – Exclusive Divergence Algorithm
○ Principle: Uses MACD momentum statistics from the original Chan Theory to distinguish between "pen-structure divergence" and "segment-structure divergence". Specific values are labeled on the chart to differentiate MACD momentum for pens vs. segments. More complex statistical features will be added in future updates. For reference on the current timeframe only — multi-timeframe momentum analysis is still required.
● ✅ Trend Structure Recursion – Exclusive Trend Recursion Function
○ Principle: This is a "same-timeframe decomposition" version of trend types. Trends end as close to absolute highs/lows as possible. Some single pens may be treated as segments, resulting in more natural-looking trend structures.
⚙️ Indicator Features
🌟 1. Diverse Pen-Segment Algorithm Engines
● 🎨 Three Pen Algorithms: "Traditional Old Pen", "New Pen", "Top/Bottom Fractal Pen".
● 🔧 Extensive Parameter Adjustments: Fine-grained control over "secondary high/low pens", "fractal range judgment", etc.
● 📊 Dual Recursive Division: Recursion starting from pens + higher-timeframe recursion.
● 🎯 Customizable Parameters: Adapts to different Chan Theory interpretations and trading styles.
🌟 2. Multi-Level Intelligent Integration System
● 📈 Synchronized Calculation & Display: Linked analysis of pens, segments, and advanced recursive segments.
● 🏗️ Exclusive Recursion Algorithm: Accurate identification of advanced recursive segments.
● 🎪 Multi-Level Pivot Zone System: Full coverage of three pivot zone levels (candlestick, pen, segment).
● 📊 Holistic Market Analysis: Provides comprehensive insights into real-time market dynamics.
🎨 3. Professional Visual Customization
● 🌈 Custom Color Schemes: Perfectly matches personal chart styles.
● 💰 Price Label Display: Marks key prices for pens, segments, and pivot zones.
● 📐 Professional Auxiliary Tools: Practical features like MA and Bollinger Bands.
● 🎁 Included MACD: A supporting indicator for the sub-chart.
⏰ 4. Seamless Candlestick Replay Support
● 🔄 Historical Data Review: Fully compatible with TradingView’s replay function.
● 📚 Powerful Market Research Tool: Enhances the ability to analyze historical price trends.
● 🧠 Improved Decision-Making: Deepens market insights and judgment.
📦 Feature & Interface Showcase by Product Version
Advanced Recursive Version ⭐ Exclusive Algorithm
Suitable for: Advanced Chan Theory users seeking precise trend analysis.
Exclusive Features:
● 🚀 Rare Algorithm: A pure recursive version (most competitors only reach segment-level analysis, which is their limit).
● 🎯 Optimized High/Low Points: Trend endpoints are accurately positioned at absolute highs/lows.
● 🏆 Natural Trend Structures: More natural and rational distribution of high/low points.
● 💎 Complete Chan Theory Elements: Covers all core components of Chan Theory.
● ⚡ Rich Pen Details: Extremely detailed processing of pen structures.
User Feedback: The preferred version among many senior Chan Theory users, with excellent real-trading performance.
Screenshot:
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🎊 Experience Now & Start Your Professional Chan Theory Analysis Journey!
Pre-Purchase Notes
Chanzhongshuochan (Chan Theory) is relatively complex. While this software strives to implement all functions from the original texts, minor imperfections or unaddressed details may exist — these will be gradually improved in future updates.
● Users with concerns are advised to test the indicator for a few days first. Purchase only if it meets your needs; otherwise, treat the test as a trial.
● Feedback on issues or bugs is welcome. The developer will update, modify, and optimize the indicator in their spare time.
Key Function Screenshots
1. Multi-Level Recursion
2. Candlestick Containment Processing
3. Area Statistics + Pivot Zone High/Low Price Display
4. Multi-Level Consolidation Divergence
5. Overlaid Practical Moving Averages
6. Fractal Pens
7. Candlestick-Based Pivot Zones
8. Dozens of Adjustable Parameters
9. Optional Alert Functions (More to be Added in Future Updates)
10. Trend Structure Markers
🏆 缠中说禅ZSLX 递归版指标 - 旗舰版
背景
十年匠心，重磅升级
这套缠中说禅指标历经近10年的精心打磨与持续优化，从2015年初版设计至今，已经过实战验证。现全新升级登陆TradingView，功能更加完善，性能更加卓越。
真正实现了缠论原文中的所有核心理论，包括K线包含、分型识别、笔段分析、中枢理论、买卖点定位、背离背驰等完整体系，为缠论爱好者提供业界专业、全面的技术分析工具。
📦参数设置
- 计算K线数量：最多计算5000根，免费tradingview用户也只能这么多数据
- 笔细节参数：新旧笔、次高低点笔、最高低点笔、严格笔 可以调整可按标的数字选
- 显示均线和布林线参数：根据需要设置打钩就是显示，取消打钩就是隐藏
- 显示中枢价格和笔段价格：根据需要设置打钩就是显示，取消打钩就是隐藏
- macd参数：可以根据自己需要调整参数 快 慢 信号线周期设置
- 均线参数：默认参数可以自己手动调整
- 显示笔背离、段背离、笔段背驰：根据需要设置打钩就是显示，取消打钩就是隐藏
- 笔段背离背驰报警：默认关闭可以设置打钩开启，然后在tradingview的警报界面，条件里选择指标，设置：任何alert()函数调用，再设置通知类型，然后创建报警就可以收到报警
🔥整合其他常用指标和原因：
✅均线：因为缠论里是有使用均线叠加分析，这种更方便用户从不同视角分析走势，所以必须增加
✅布林线：布林线通道，结合缠论，也可以更多的视角分析走势，提高准确度，所以也增加了
✅macd:这个是缠论分析理论里必不可少的分析走势力度的指标，所以也必须整合进来方便分析
✅Chanlun ZSLX pen czsc Channel Chan Theory这个脚本和Chanlun FBFD pen czsc Channel Chan Theory这个脚本有些底层的源码是一样的必须整合原因：
因为缠论原文底层的K线包含、macd背离背驰、K线对象和笔部分都是一样的，但是顶层的线段和走势递归两种划分原理和显示效果和功能是有很大区别，并且tradingview社区的源码量有限制，导致也无法两个版本划线完全整合成一个，所以，这个脚本里的Start_kxian函数返回的kxian对象、 Start_bi函数返回的bi 对象 、showKxianzsfunc画K线中枢部分的源码、macd背离背驰判断部分代码，会有一样的整合部分源码
🎯 技术原理
🔥 1. 全方位缠论原文功能覆盖
● ✅ 实时K线包含处理 - 智能识别包含关系
○ - 上涨K线中取高点高值、低点高值，高高取高
- 下跌K线中取高点低值、低点低值，低低取低
● ✅ 精准分型标记 - 顶底分型自动识别
○ - 通过新旧笔参数设置2，会画出每个顶底分型高低点
○ - 顶分型：三根k线中，中间K线高点高于两侧K线，低点也高于两侧
- 底分型：三根k线中，中间K线低点低于两侧K线，高点也低于两侧
● ✅ 多维笔段分析 - 笔、线段完整体系
○ - 老笔：传统缠论严格笔定义，符合原文
- 新笔：传统缠论新笔定义，符合原文宽松笔条件
- 分型笔：顶底分型就成笔，价格反应比较敏锐（同行很多人把本周期分型笔标成次级别）
○ - 线段：这个版本采用递归思路，有的地方一笔处理成段，大部分地方跟纯分段一样，但是划线原理不同
● ✅ 多级中枢联立 - K线中枢、笔中枢、线段中枢
○ - K线中枢：最小级别的缠论中枢
- 笔中枢：采用原文的笔中枢划分区间，高点取重叠部分的最低点，低点取重叠部分最高点
- 线段中枢：采用原文的线段中枢划分区间，高点取线段重叠部分的最低点，低点取线段重叠部分最高点
● ✅ 智能买卖点 - 三类买卖点精准定位
○ 1类买卖点
- 原理：基于缠论趋势背驰原理，形成趋势结构时候，力度减弱
- 分析方法：通过判断趋势结构中最后中枢形成底背驰
- 应用：只是参考，具体分析需要多周期力度衰减结合判断
2类买卖点
- 原理：基于1类买卖点结束后，第一个回调低点
- 分析方法：在形成一类结构后，有时候也会破低点
- 应用：只是参考，具体分析需要多周期力度衰减结合判断
3类买卖点
- 原理：标准的三买是在1买形成后，突破第一个中枢的第一个回踩，这边为了方便看盘，统一突破回踩就标三买
- 识别方法：新手建议选择一类买点后的标准三买结构操作，但是可能这种结构比较少
- 应用：只是参考，具体分析需要多周期力度衰减结合判断
● ✅ 背离背驰预警 - 独家背离背驰算法
○ - 原理：采用缠论原文的macd力度统计，区分笔结构的背离背驰和段结构的背离背驰，并且在图形上标上具体数值，区分笔和段的macd力度，后期这个还要继续升级更复杂的统计，仅做本周期的参考，具体也是要多周期力度分析
● ✅ 走势结构递归 - 独家走势递归功能
- 原理：走势类型版本，这个是同级别分解版本，走势尽量结束在最高最低点，有的地方可能一笔成段，· 走势更为自然
⚙️ 指标特点
🌟1. 多样化笔段算法引擎
○ 🎨 三大笔算法: "传统旧笔"、"新笔"、"顶底分型笔"
○ 🔧 海量参数调节: 次高低笔、分型区间判断等精细化控制
○ 📊 双重递归划分: 笔开始递归 + 大级别递归
○ 🎯 个性化参数调整: 满足不同缠友的理解需求与交易风格
🌟 2. 多级别智能联立系统
○ 📈 同步计算显示: 笔、线段、递归高级段联动分析
○ 🏗️ 独家递归算法: 高级递归段精准识别
○ 🎪 多级中枢体系: 三重中枢级别完整覆盖
○ 📊 全景市场分析: 提供全面的市场动态洞察
🎨 3. 专业视觉定制
○ 🌈 自定义配色方案 - 完美匹配个人图表风格
○ 💰 价格标识显示 - 笔、段、中枢关键价位标注
○ 📐 专业辅助工具 - 均线、布林线等实用功能
○ 🎁 附带MACD - 配套附图指标
⏰ 4. 完美K线回放支持
○ 🔄 历史数据回顾 - 完美支持TradingView回放功能
○ 📚 市场研究利器 - 提升历史走势分析能力
○ 🧠 决策能力增强 - 深化市场洞察与判断水平
📦 产品版本功能界面展示
高级递归版 ⭐ 独家算法
适合：高阶缠友，追求极致走势分析
独家特色：
● 🚀 全网罕见算法: 纯递归版本，其他家最多只能设计到分段级别就是极限了
● 🎯 优化高低点: 走势结束点精准定位最高最低点
● 🏆 自然走势结构: 高低点分布更加自然合理
● 💎 完整缠论元素: 涵盖所有缠论核心要素
● ⚡ 超丰富笔细节: 笔的处理细节极其丰富
🌟 客户反馈: 众多资深缠友首选版本，实战效果卓越
快照
---
🎊 立即体验，开启专业缠论分析之旅！
售前说明：缠中说禅理论，相对比较复杂，软件尽量实现原文的功能，但是也难免有些瑕疵地方，无法处理到位，这边后期会陆续完善，介意的客户可以先试用几天，觉得合适再买，不合适就当测试下,欢迎大家反馈问题和bug，掌柜有空会后期更新修改和优化
1.多级别递归
2.K线包含
3.面积统计+中枢高低点价格显示
4.多级别盘整背离背驰
5.叠加实用均线
6.分型笔
7。k线中枢
8.几十个可选参数调整
9，可选的一些报警功能，后期陆续完善，更丰富
10.走势结构标志
Kameniczki AI RSI Pro v2.0Kameniczki AI RSI Pro v2.0 is an advanced technical indicator based on RSI (Relative Strength Index) with artificial intelligence that provides comprehensive market analysis with emphasis on safety and signal reliability. The indicator combines traditional RSI calculations with modern AI technologies for detecting high-quality trading opportunities.
Key Features:
AI Signal Quality Assessment
- Automatic signal quality rating on 0-100% scale
- Strict filtering to prevent false signals
- Trend confirmation with "falling knife" protection
- Momentum filter for detecting strong trends
Multi-Timeframe Analysis
- RSI analysis across 5 timeframes (5M, 15M, 30M, 1H, 4H)
- Alignment score calculation for trend direction confirmation
- Configurable threshold for MTF alignment (50-90%)
Smart Money Detection
- Detection of smart money accumulation and distribution
- Volume vs. price analysis for institutional activity identification
- Smart money strength calculation (0-100%)
Anomaly Detection System
- Early warning system for market anomalies
- Monitoring of price, volume, and volatility anomalies
- 4 anomaly levels: NORMAL, MEDIUM, HIGH, CRITICAL
- Comprehensive anomaly scoring (0-100 points)
Volume-Weighted RSI
- Volume-weighted RSI calculations
- Adaptive RSI lengths based on volatility
- Three RSI variants: Fast (7), Medium (14), Slow (21)
RSI Divergence Detection
- Automatic bullish and bearish divergence detection
- 20-bar lookback period for accurate identification
- Integration with AI signal quality
Dashboard and Visualization
Information Dashboard
- **SIGNAL**: Main trading signal with percentage score
- **ANOMALY**: Market anomaly status with color coding
- **MTF**: Multi-timeframe alignment percentages
- **SMART MONEY**: Accumulation/distribution status
- **DIVERGENCE**: Current RSI divergences
Signal Types
- **STRONG BUY/SELL**: Highest quality with trend confirmation
- **BUY/SELL**: Normal signals with percentage score
- **NEUTRAL**: No clear direction
Visual Effects
- Glowing colors for high AI quality (90%+)
- Modern AI color schemes
- RSI momentum histogram
- Critical zones for extreme levels
Settings
RSI Core Settings
- Base RSI Length: 5-100 (default 14)
- Fast RSI Length: 3-21 (default 7)
- Slow RSI Length: 14-50 (default 21)
- RSI Source: Price source for calculations
AI Enhancement
- Enable AI Signal Quality: AI quality rating
- AI Quality Threshold: 30-95% (default 70%)
- Enable Smart Money Detection: Smart money detection
- Enable Volume Weighting: Volume weighting
Multi-Timeframe Analysis
- Enable MTF Analysis: Multi-timeframe analysis
- MTF Weight: 10-50% (default 30%)
- MTF Alignment Threshold: 50-90% (default 75%)
Visual Settings
- Enable Glowing Effects: Bright colors for high quality
- Line Width: 1-5 (default 2)
- Zone Transparency: 50-95% (default 80%)
- Dashboard Position: 6 positioning options
- Customizable signal colors
Alert Settings
- Enable Alerts: Main alerts
- Enable Divergence Alerts: Divergence alerts
- Enable Smart Money Alerts: Smart money alerts
Alert System
Main Alerts (AI Quality ≥ 85%)
- SUPER RSI STRONG BUY/SELL: Highest priority
- SUPER RSI BUY/SELL: Normal signals
- Price, RSI, trend, and stress level information
Specialized Alerts
- BULLISH/BEARISH DIVERGENCE: RSI divergences
- ANOMALY CRITICAL/HIGH: Market anomalies
- SMART MONEY ACCUMULATION/DISTRIBUTION: Smart money activity
- MTF ALIGNMENT: Multi-timeframe alignment
Technical Specifications
Calculation Methods
- Volume-weighted RSI with adaptive lengths
- ATR-based volatility analysis
- EMA trend confirmation (20, 50, 200)
- Stress level calculation (KAMENICZKI AI 1.5.5)
Safety Mechanisms
- Momentum filter against counter-trend trading
- Trend confirmation requirements
- Volume confirmation for extreme signals
- Falling knife protection
Performance Optimization
- Max bars back: 500
- Efficient global variables
- Optimized functions for speed
Usage
The indicator is designed for professional traders who need reliable and safe signals with emphasis on quality over quantity. It combines traditional technical analysis with modern AI technologies for maximum accuracy and risk minimization.
Volume Profile + VAH, VAL, and POCWhat it is
A clean, on-chart volume profile that approximates your visible range using a configurable Bars Back window. It builds a horizontal histogram of volume by price, splits each price bin into Buy vs Sell volume, draws POC, and computes Value Area High/Low (VAH/VAL). A Stealth Mode toggle switches to a subtle grayscale palette for low-key charts.
Why this instead of the built-in VPVR?
Buy/Sell split per bin: See which prices were defended by buyers vs sellers, not just total volume.
Value Area from POC outward: Classic expansion method until the selected % of total volume (default 70%).
Sleek borders & Stealth Mode: Crisp bin outlines and a one-click professional colorway.
Deterministic & fast: No sessions or anchors needed—set your Bars Back and go.
How it works (under the hood)
Window selection – Pine can’t read your viewport, so we approximate it with Bars Back (user input).
Binning – The window’s price range is divided into N bins.
Volume allocation – For each bar in the window:
Distribute Across Hi–Lo (optional): Spread volume across all bins the bar overlaps, weighted by overlap; or
Single-price mode: Assign all volume to one bin using a representative price (hlc3).
Buy/Sell split (two methods):
Body Proportional (recommended): Split by relative up/down body size (|close−open|).
Up/Down Candle: 100% buy if close ≥ open, else 100% sell.
POC & VA: Point of Control is the bin with max total volume. VAH/VAL expands from POC toward the higher-volume neighbor until the selected % of total volume is included.
Reading the visuals
Horizontal bars (right side): Total volume per price bin.
Left sub-segment = Sell volume
Right sub-segment = Buy volume
POC line: Price level with peak total volume.
VAH / VAL (dashed): Upper and lower bounds of the selected Value Area.
Borders: Each bin has a clean outer outline so the profile looks tight and organized.
Stealth Mode: Grayscale palette that preserves contrast without loud colors.
Key inputs (organized for clarity)
Theme
Stealth Mode: Toggles the grayscale look.
Core
Price Bins: Vertical resolution of the profile.
Lookback (Bars): Approximates your visible range.
Style
Profile Width (bars): How far the histogram extends to the right.
Bin Border Width: Outline thickness.
Markers & Lines
Show POC, Show VAH/VAL, Value Area %, VA line width.
Advanced
Distribute Volume Across Hi–Lo: More accurate, heavier compute.
Buy/Sell Split Method: Body Proportional (realistic) or Up/Down (simple).
Tips & best practices
Start with Body Proportional + Distribute Across ON for intraday accuracy.
If the chart lags, reduce Price Bins or Bars Back, or switch off distribution.
For small windows, fewer bins often looks cleaner (e.g., 30–60).
Stealth Mode plays nicely with both dark and light chart themes.
Limitations & notes
Viewport: Pine can’t access the actual visible bars; Bars Back is a practical stand-in.
Buy/Sell split: This is an approximation from candle bodies, not true bid/ask delta.
Designed for overlay; profile renders to the right of the latest bar.
CVD Polarity Indicator (With Rolling Smoothed)📊 CVD Polarity Indicator (with Rolling Smoothing)
Purpose
The CVD Polarity Indicator combines Cumulative Volume Delta (CVD) with price bar direction to measure whether buying or selling pressure is in agreement with price action. It then smooths that signal over time, making it easier to see underlying volume-driven market trends.
This indicator is essentially a volume–price agreement oscillator:
- It compares price direction with volume delta (CVD).
- Translates that into per-bar polarity.
- Smooths it into a rolling sum for clarity.
- Adds a short EMA to highlight turning points.
The end result: a tool that helps you see when price action is backed by real volume flows versus when it’s running on weak participation.
__________________________________________________________________________________
1. Cumulative Volume Delta (CVD)
What it is:
CVD is the cumulative sum of buying vs. selling pressure measured by volume.
- If a bar closes higher than it opens → that bar’s volume is treated as buying pressure (+volume).
- If a bar closes lower than it opens → that bar’s volume is treated as selling pressure (–volume).
Rolling version:
Instead of accumulating indefinitely (which just creates a line that trends forever), this indicator uses a rolling sum over a user-defined number of bars (cumulation_length, default 14).
- This shows the net delta in recent bars, making the CVD more responsive and localized.
2. Bar Direction vs. CVD Change
Each bar has two pieces of directional information:
1. Bar direction: Whether the candle closed above or below its open (close - open).
2. CVD change: Whether cumulative delta increased or decreased from the prior bar (cvd - cvd ).
By comparing these two:
- Agreement (both up or both down):
→ Polarity = +volume (if bullish) or –volume (if bearish).
- Disagreement (bar up but CVD down, or bar down but CVD up):
→ Polarity flips sign, signaling divergence between price and volume.
Thus, raw polarity = a per-bar measure of whether price action and volume delta are in sync.
3. Polarity Smoothing (Rolling Polarity)
- Problem with raw polarity:
It flips bar-to-bar and looks very jagged — not great for seeing trends.
- Solution:
The indicator applies a rolling sum over the past polarity_length bars (default 14).
- This creates a smoother curve, representing the net polarity over time.
- Positive values = net bullish alignment (buyers stronger).
- Negative values = net bearish alignment (sellers stronger).
Think of it like an oscillator showing whether buyers or sellers have had control recently.
4. EMA Smoothing
Finally, a 10-period EMA is applied on top of the rolling polarity line:
- This further reduces noise.
- It helps highlight shifts in the underlying polarity trend.
- Crossovers of the polarity line and its EMA can serve as trade signals (bullish/bearish inflection points).
________________________________________________________________________________
How to Read It
1. Polarity above zero → Recent bars show more bullish agreement between price and volume.
2. Polarity below zero → Recent bars show more bearish agreement.
3. Polarity diverging from price → If price goes up but polarity trends down, it signals weakening buying pressure (potential reversal).
4. EMA crossovers →
- Polarity crossing above its EMA = bullish momentum shift.
- Polarity crossing below its EMA = bearish momentum shift.
Practical Use Cases
- Trend Confirmation
Use polarity to confirm whether a price move is supported by volume. If price rallies but
polarity stays negative, the move is weak.
- Divergence Signals
Watch for divergences between price trend and polarity trend (e.g., higher highs in price but
lower highs in polarity).
- Momentum Shifts
Use EMA crossovers as signals that the underlying balance of buying/selling has flipped.
CandelaCharts - Dip Index 📝 Overview
The Dip Index (DIPX) is a market breadth oscillator designed to identify market dips by measuring the percentage of assets within a chosen index or asset class that are trading above a specified moving average (such as the 50, 100, 150, or 200-period).
By highlighting when fewer assets remain above their averages, DIPX helps traders detect potential dip opportunities and assess overall market strength or weakness.
While commonly applied to equities, the indicator is adaptable to various financial instruments, including exchange-traded funds (ETFs), commodities, cryptocurrencies, and even fixed-income securities.
Assess the overall health of a market by measuring internal participation in price moves.
Detect overbought or oversold conditions when momentum becomes concentrated or overly extended.
Generate actionable signals when the index exits extreme levels, suggesting renewed momentum or potential exhaustion.
📦 Features
Multiple Indices: Supports SP500, Nasdaq, DJI, Russel2000, and sector-specific S&P indices.
Dynamic MA Selection: Choose from SMA, EMA, RMA, WMA, VWMA with configurable lengths.
Visual Customization: Full control over colors, line styles, text size, and branding.
Signal Markers: Triangle markers appear when exiting overbought/oversold zones.
Gradient & Background Fill: Visual highlighting of extreme market conditions.
Overlay Mode Option: Can display OB/OS background as chart overlay.
⚙️ Settings
Market: Chooses the index or asset class to measure.
MA: Enables moving average filter; options include type (SMA, EMA, etc.) and period length.
Oversold: Defines the lower threshold (default: 20) with customizable color.
Overbought: Defines the upper threshold (default: 80) with customizable color.
DIPX Line: Sets the thickness and color of the Dip Index line.
Mode: Selects display type (Line, Cross, Circle, Stepline, etc.).
Signals: Toggles buy/sell signal markers with customizable colors.
OB/OS Zones: Enables highlighting of Overbought/Oversold zones.
OB/OS Overlay: Toggles overlay shading for Overbought/Oversold zones.
⚡️ Showcase
Overbought/Oversold
Modes
Overbought/Oversold Zones
Signals
Overlay
📒 Usage
How to use DIPX effectively in trading and analysis, including interpretation, signal usage, strategic applications, and best practices.
DIPX outputs values from 0% to 100%, reflecting how widely participation extends across the underlying assets in an index or basket.
1. Assessing Market Health
Use DIPX to evaluate whether price moves are supported by broad participation:
In a bull trend, confirm strength by checking if DIPX stays above 50%.
In a bear trend, watch for rebounds in DIPX to spot temporary relief rallies.
2. Detecting Divergences
Divergence occurs when the price trend and DIPX trend disagree — often a precursor to reversal.
Bearish Divergence: Price makes higher highs; DIPX makes lower highs -> Momentum weakening - potential top
Bullish Divergence: Price makes lower lows; DIPX makes higher lows -> Selling pressure fading - potential bottom
How to Spot It:
Overlay DIPX on the same chart as the index price.
Use trendlines or horizontal markers to compare swing points.
Focus on weekly or daily timeframes for reliability.
3. Signal-Based Entries/Exits
When enabled (Signals = true) , DIPX generates triangle markers when exiting extreme zones:
Bullish Triangle (▲): DIPX crosses above Oversold Value (e.g., 20%, 30%) -> Green upward triangle
Bearish Triangle (▼): DIPX crosses below Overbought Value (e.g., 80%, 70%) -> Red downward triangle
4. Timeframe Guidance
1m – 4h: ❌ Not Recommended - DIPX uses daily-aggregated data;
Daily (D): ✅ Strongly Recommended - Matches data frequency; clearest signals
Weekly (W): ✅ Acceptable - Ideal for macro analysis and long-term positioning
Monthly (M): ⚠️ Limited Use - Too slow for active trading; useful for big-picture context
By integrating DIPX into your analysis, you gain a powerful lens into market internals — helping you distinguish between broad-based strength and narrow leadership, regardless of asset class.
🚨 Alerts
The indicator does not provide any alerts!
⚠️ Disclaimer
These tools are exclusively available on the TradingView platform.
Our charting tools are intended solely for informational and educational purposes and should not be regarded as financial, investment, or trading advice. They are not designed to predict market movements or offer specific recommendations. Users should be aware that past performance is not indicative of future results and should not rely on these tools for financial decisions. By using these charting tools, the purchaser agrees that the seller and creator hold no responsibility for any decisions made based on information provided by the tools. The purchaser assumes full responsibility and liability for any actions taken and their consequences, including potential financial losses or investment outcomes that may result from the use of these products.
By purchasing, the customer acknowledges and accepts that neither the seller nor the creator is liable for any undesired outcomes stemming from the development, sale, or use of these products. Additionally, the purchaser agrees to indemnify the seller from any liability. If invited through the Friends and Family Program, the purchaser understands that any provided discount code applies only to the initial purchase of Candela's subscription. The purchaser is responsible for canceling or requesting cancellation of their subscription if they choose not to continue at the full retail price. In the event the purchaser no longer wishes to use the products, they must unsubscribe from the membership service, if applicable.
We do not offer reimbursements, refunds, or chargebacks. Once these Terms are accepted at the time of purchase, no reimbursements, refunds, or chargebacks will be issued under any circumstances.
By continuing to use these charting tools, the user confirms their understanding and acceptance of these Terms as outlined in this disclaimer.
Wickless Tap Signals Wickless Tap Signals — TradingView Indicator (v6)
A precision signal-only tool that marks BUY/SELL events when price “retests” the base of a very strong impulse candle (no wick on the retest side) in the direction of trend.
What it does (in plain English)
Finds powerful impulse candles:
Bull case: a green candle with no lower wick (its open ≈ low).
Bear case: a red candle with no upper wick (its open ≈ high).
Confirms trend with an EMA filter:
Only looks for bullish bases while price is above the EMA.
Only looks for bearish bases while price is below the EMA.
Waits for the retest (“tap”):
Later, if price revisits the base of that wickless candle
Bullish: taps the candle’s low/open → BUY signal
Bearish: taps the candle’s high/open → SELL signal
Optional level “consumption” so each base can trigger one signal, not many.
The idea: a wickless impulse often marks strong initiative order flow. The first retest of that base frequently acts as a springboard (bull) or ceiling (bear).
Exact rules (formal)
Let tick = syminfo.mintick, tol = tapTicks * tick.
Trend filter
inUp = close > EMA(lenEMA)
inDn = close < EMA(lenEMA)
Wickless impulse candles (confirmed on bar close)
Bullish wickless: close > open and abs(low - open) ≤ tol
Bearish wickless: close < open and abs(high - open) ≤ tol
When such a candle closes with trend alignment:
Store bullTapLevel = low (for bull case) and its bar index.
Store bearTapLevel = high (for bear case) and its bar index.
Signals (must happen on a later bar than the origin)
BUY: low ≤ bullTapLevel + tol and inUp and bar_index > bullBarIdx
SELL: high ≥ bearTapLevel - tol and inDn and bar_index > bearBarIdx
One-shot option
If enabled, once a signal fires, the stored level is cleared so it won’t trigger again.
Inputs (Settings)
Trend EMA Length (lenEMA): Default 200.
Use 50–100 for intraday, 200 for swing/position.
Tap Tolerance (ticks) (tapTicks): Default 1.
Helps account for tiny feed discrepancies. Set 0 for strict equality.
One Signal per Level (oneShot): Default ON.
If OFF, multiple taps can create multiple signals.
Plot Tap Levels (plotLevels): Draws horizontal lines at active bases.
Show Pattern Labels (showLabels): Marks the origin wickless candles.
Plots & Visuals
EMA trend line for context.
Tap Levels:
Green line at bullish base (origin candle’s low/open).
Red line at bearish base (origin candle’s high/open).
Signals:
BUY: triangle-up below the bar on the tap.
SELL: triangle-down above the bar on the tap.
Labels (optional):
Marks the original wickless impulse candle that created each level.
Alerts
Two alert conditions are built in:
“BUY Signal” — fires when a bullish tap occurs.
“SELL Signal” — fires when a bearish tap occurs.
How to set:
Add the indicator to your chart.
Click Alerts (⏰) → Condition = this indicator.
Choose BUY Signal or SELL Signal.
Set your alert frequency and delivery method.
Recommended usage
Timeframes: Works on any; start with 5–15m intraday, or 1H–1D for swing.
Markets: Equities, futures, FX, crypto. For thin/illiquid assets, consider a slightly larger Tap Tolerance.
Confluence ideas (optional, but helpful):
Higher-timeframe trend agreeing with your chart timeframe.
Volume surge on the origin wickless candle.
S/R, order blocks, or SMC structures near the tap level.
Avoid major news moments when slippage is high.
No-repaint behavior
Origin patterns are detected only on bar close (barstate.isconfirmed), so bases are created with confirmed data.
Signals come after the origin bar, on subsequent taps.
There is no lookahead; lines and shapes reflect information known at the time.
(As with all real-time indicators, an intrabar tap can trigger an alert during the live bar; the signal then remains if that condition held at bar close.)
Known limitations & design choices
Single active level per side: The script tracks only the most recent bullish base and most recent bearish base.
Want a queue of multiple simultaneous bases? That’s possible with arrays; ask and we’ll extend it.
Heikin Ashi / non-standard candles: Wick definitions change; for consistent behavior use regular OHLC candles.
Gaps: On large gaps, taps can occur instantly at the open. Consider one-shot ON to avoid rapid repeats.
This is an indicator, not a strategy: It does not place trades or compute PnL. For backtesting, we can convert it into a strategy with SL/TP logic (ATR or structure-based).
Practical tips
Tap Tolerance:
If you miss obvious taps by a hair, increase to 1–2 ticks.
For FX/crypto with tiny ticks, even 0 or 1 is often enough.
EMA length:
Shorten for faster signals; lengthen for cleaner trend selection.
Risk management (manual suggestion):
For BUY signals, consider a stop slightly below the tap level (or ATR-based).
For SELL signals, consider a stop slightly above the tap level.
Scale out or trail using structure or ATR.
Quick checklist
✅ Price above EMA → watch for a green no-lower-wick candle → store its low → BUY on tap.
✅ Price below EMA → watch for a red no-upper-wick candle → store its high → SELL on tap.
✅ Use Tap Tolerance to avoid missing precise touches by one tick.
✅ Consider One Signal per Level to keep trades uncluttered.
FAQ
Q: Why did I not get a signal even though price touched the level?
A: Check Tap Tolerance (maybe too strict), trend alignment at the tap bar, and that the tap happened after the origin candle. Also confirm you’re on regular candles.
Q: Can I see multiple bases at once?
A: This version tracks the latest bull and bear bases. We can extend to arrays to keep N recent bases per side.
Q: Will it repaint?
A: No. Bases form on confirmed closes, and signals only on later bars.
Q: Can I backtest it?
A: This is a study. Ask for the strategy variant and we’ll add entries, exits, SL/TP, and stats.
ATAI Triangles — Volume-Based & Price Pattern Analysis (v1.01)ATAI Triangles — Volume-Based & Price Pattern Analysis (v1.01)
Overview
ATAI Triangles identifies two synchronized triangle structures — Hi-Lo-Hi (HLH) and Lo-Hi-Lo (LHL) — and analyzes them both geometrically and volumetrically. For each triangle, volume is split between its two legs (segments), providing interpretable insights into buyer vs seller activity along each path.
The idea is that certain geometric shapes, when paired with volume distribution on each leg, can reveal patterns worth exploring. Users are encouraged to share their observations and interpretations in the TradingView comments section so that more aspects of these triangle combinations can be discovered collectively.
Extra (for fun)
For a bit of entertainment, we’ve included a symbolic “hexagram” glyph that appears when both triangle types align in a particular way — it’s just a visual nod to geometry and has no predictive or trading value.
Interface & data clarity
- Inputs and parameters are organized by function (pattern geometry, volume analysis, visuals, HUD, labels).
- Each input includes tooltips explaining its purpose, units, and possible effects on calculations.
- All on-chart objects (polylines, labels, connectors) are named and colored to reflect their role, with volume values formatted in engineering notation (K, M, B).
- HUD columns and label texts use concise terms and consistent units, so that every displayed value is directly traceable to a calculation in the code.
- Daily and lower-timeframe volume series are clearly separated, with update logic documented to indicate intrabar provisional values vs finalized bar-close values.
Usage notes
Designed to be used alongside other indicators and chart tools for context; it is not a standalone signal generator.
All Buy/Sell volumes are absolute (non-negative); Δ = Buy − Sell.
Intrabar values update live and finalize at bar close (no repaint after close).
Disclaimer
For research, discussion, and educational purposes only. This is not financial advice and does not guarantee any outcome. Trade at your own risk.
Price Tracker/galgoomThis indicator is designed for Renko chart traders who want to combine price action relative to a key line (qLine) with Moneyball buy/sell signals as a confirmation. It helps filter trades so you only get signals when both conditions align within a chosen time window.
How It Works
First Event – Price Trigger
Detects when the Renko close crosses above/below your selected qLine plot from the qPro indicator.
You can choose between:
Cross – only triggers on an actual crossover/crossunder.
State (Close) – triggers whenever price closes above/below qLine.
Second Event – Moneyball Confirmation
Waits for Moneyball’s Buy Signal (for long) or Bear/Sell Signal (for short) plot to fire.
You select the exact Moneyball plot from the source menu.
You can specify how the Moneyball signal is interpreted (== 1, >= 1, or any nonzero value).
Sequential Logic
The Moneyball signal must occur within N Renko bricks after the price event.
The final buy/sell signal is printed on the Moneyball bar.
Key Features
Works natively on Renko charts.
Adjustable confirmation window (0–5 bricks).
Flexible detection for both qLine and Moneyball signals.
Customizable label sizes, arrow display, and alerts.
Alerts fire for both buy and sell conditions:
BUY: qLine ➜ Moneyball Buy
SELL: qLine ➜ Moneyball Sell
Inputs
qLine Source – Pick the qPro qLine plot.
Price Event Type – Cross or State.
Moneyball Buy/Sell Signal Plots – Select the correct plots from your Moneyball indicator.
Confirmation Window – Bars allowed between events.
Visual Settings – Label size, arrow visibility, etc.
Use Case
Ideal for traders who:
Want a double-confirmation entry system.
Use Renko charts for cleaner trend detection.
Already have qPro and Moneyball loaded, but want an automated, rule-based confluence check.
38 minutes ago
Release Notes
This indicator is designed for Renko chart traders who want to combine price action relative to a key line (qLine) with Moneyball buy/sell signals as a confirmation. It helps filter trades so you only get signals when both conditions align within a chosen time window.
How It Works
First Event – Price Trigger
Detects when the Renko close crosses above/below your selected qLine plot from the qPro indicator.
You can choose between:
Cross – only triggers on an actual crossover/crossunder.
State (Close) – triggers whenever price closes above/below qLine.
Second Event – Moneyball Confirmation
Waits for Moneyball’s Buy Signal (for long) or Bear/Sell Signal (for short) plot to fire.
You select the exact Moneyball plot from the source menu.
You can specify how the Moneyball signal is interpreted (== 1, >= 1, or any nonzero value).
Sequential Logic
The Moneyball signal must occur within N Renko bricks after the price event.
The final buy/sell signal is printed on the Moneyball bar.
Key Features
Works natively on Renko charts.
Adjustable confirmation window (0–5 bricks).
Flexible detection for both qLine and Moneyball signals.
Customizable label sizes, arrow display, and alerts.
Alerts fire for both buy and sell conditions:
BUY: qLine ➜ Moneyball Buy
SELL: qLine ➜ Moneyball Sell
Inputs
qLine Source – Pick the qPro qLine plot.
Price Event Type – Cross or State.
Moneyball Buy/Sell Signal Plots – Select the correct plots from your Moneyball indicator.
Confirmation Window – Bars allowed between events.
Visual Settings – Label size, arrow visibility, etc.
Use Case
Ideal for traders who:
Want a double-confirmation entry system.
Use Renko charts for cleaner trend detection.
Already have qPro and Moneyball loaded, but want an automated, rule-based confluence check.
OctaScalp Precision Pro [By TraderMan]What is OctaScalp Precision Pro ? 🚀
OctaScalp Precision is a powerful scalping indicator designed for fast, short-term trades. It combines eight technical indicators to generate 💪 high-accuracy buy 📗 and sell 📕 signals. Optimized for scalpers, this tool targets small price movements in low timeframes (1M, 5M). With visual lines 📈, labels 🎯, and Telegram alerts 📬, it simplifies quick decision-making, enhances risk management, and tracks trade performance.
What Does It Do? 🎯
Fast Signals: Produces reliable buy/sell signals using a consensus of eight indicators.
Risk Management: Offers automated Take Profit (TP) 🟢 and Stop Loss (SL) 🔴 levels with a 2:1 reward/risk ratio.
Trend Confirmation: Validates short-term trends with a 30-period EMA zone.
Performance Tracking: Records trade success rates (%) and the last 5 trades 📊.
User-Friendly: Displays market strength, signal type, and trade details in a top-right table.
Alerts: Sends Telegram-compatible notifications for new positions and trade results 📲.
How Does It Work? 🛠️
OctaScalp Precision integrates eight technical indicators (RSI, MACD, Stochastic, Momentum, 200-period EMA, Supertrend, CCI, OBV) for robust analysis. Each indicator contributes 0 or 1 point to a bullish 📈 or bearish 📉 score (max 8 points). Signals are generated as follows:
Buy Signal 📗: Bullish score ≥6 and higher than bearish score.
Sell Signal 📕: Bearish score ≥6 and higher than bullish score.
EMA Zone 📏: A zone (default 0.1%) around a 30-period EMA confirms trends. Price staying above or below the zone for 4 bars validates the direction:
Up Direction: Price above zone, color green 🟢.
Down Direction: Price below zone, color red 🔴.
Neutral: Price within zone, color gray ⚪.
Entry/Exit: Entries are triggered on new signals, with TP (2% profit) and SL (1% risk) auto-calculated.
Table & Alerts: Displays market strength (% bull/bear), signal type, entry/TP/SL, and success rate in a table. Telegram alerts provide instant notifications.
How to Use It? 📚
Setup 🖥️:
Add the indicator to TradingView and use default settings or customize (EMA length, zone width, etc.).
Best for low timeframes (1M, 5M).
Signal Monitoring 🔍:
Check the table: Bull Strength 📗 and Bear Strength 📕 percentages indicate signal reliability.
Confirm Buy (📗 BUY) or Sell (📕 SELL) signals when trendSignal is 1 or -1.
Entering a Position 🎯:
Buy: trendSignal = 1, bullish score ≥6, and higher than bearish score, enter at the entry price.
Sell: trendSignal = -1, bearish score ≥6, and higher than bullish score, enter at the entry price.
TP and SL: Follow the green (TP) 🟢 and red (SL) 🔴 lines on the chart.
Exiting 🏁:
If price hits TP, trade is marked ✅ successful; if SL, marked ❌ failed.
Results are shown in the “Last 5 Trades” 📜 section of the table.
Setting Alerts 📬:
Enable alerts in TradingView. Receive Telegram notifications for new positions and trade outcomes.
Position Entry Strategy 💡
Entry Conditions:
For Buy: Bullish score ≥6, trendSignal = 1, price above EMA zone 🟢.
For Sell: Bearish score ≥6, trendSignal = -1, price below EMA zone 🔴.
Check bull/bear strength in the table (70%+ is ideal for strong signals).
Additional Confirmation:
Use on high-volume assets (e.g., BTC/USD, EUR/USD).
Validate signals with support/resistance levels.
Be cautious in ranging markets; false signals may increase.
Risk Management:
Stick to the 2:1 reward/risk ratio (TP 2%, SL 1%).
Limit position size to 1-2% of your account.
Tips and Recommendations 🌟
Best Markets: Ideal for volatile markets (crypto, forex) and low timeframes (1M, 5M).
Settings: Adjust EMA length (default 30) or zone width (0.1%) based on the market.
Backtesting: Test on historical data to evaluate success rate 📊.
Discipline: Follow signals strictly and avoid emotional decisions.
OctaScalp Precision makes scalping fast, precise, and reliable! 🚀
