[blackcat] L3 Banker Fund AttackLevel 3
Background
This indicator is used to capture the movement of the banker fund. The buying and selling point is determined according to whether the momentum of the banker fund and the price momentum resonate.
How to use the indicator:
The red column line indicates that the banker fund accumulation signal appears, and the following 2 conditions are all satisfied to buy; (both above the green line of the banker fund attack threshold)
1. The yellow line and the purple line all cross the red accumulation histogram signal;
2. The yellow and purple trend lines are up
Key point: If the yellow line crosses the green line of the banker fund attack threshold, it will be pulled up or the big market will open! The main thing is to see the red accumulation histogram signal, or the green line that crosses the banker fund attack threshold. If there is a red accumulation histogram signal, it means that there are main low-acquisition chips, and start trading on the left to open a position. The area above the green line of the banker fund attack threshold belongs to the main force pulling stage. When the green line of the banker fund attack threshold is not broken upwards, there is still a lot of profit space, but if it can be effectively broken through, it is highly profitable!
Remarks
This indicator only effective for instruments that contains banker fund. If there is no obvious large fund inside, the indicator is not as meaningful as it is called.
I verified it worked well for > 4H or 1D timeframe. For the other time frames, you may need to check and verify by yourself.
Feedbacks are appreciated.
Tìm kiếm tập lệnh với "accumulation"
PA-Adaptive Polynomial Regression Fitted Moving Average [Loxx]PA-Adaptive Polynomial Regression Fitted Moving Average is a moving average that is calculated using Polynomial Regression Analysis. The purpose of this indicator is to introduce polynomial fitting that is to be used in future indicators. This indicator also has Phase Accumulation adaptive period inputs. Even though this first indicator is for demonstration purposes only, its still one of the only viable implementations of Polynomial Regression Analysis on TradingView is suitable for trading, and while this same method can be used to project prices forward, I won't be doing that since forecasting is generally worthless and causes unavoidable repainting. This indicator only repaints on the current bar. Once the bar closes, any signal on that bar won't change.
For other similar Polynomial Regression Fitted methodologies, see here
Poly Cycle
What is the Phase Accumulation Cycle?
The phase accumulation method of computing the dominant cycle is perhaps the easiest to comprehend. In this technique, we measure the phase at each sample by taking the arctangent of the ratio of the quadrature component to the in-phase component. A delta phase is generated by taking the difference of the phase between successive samples. At each sample we can then look backwards, adding up the delta phases.When the sum of the delta phases reaches 360 degrees, we must have passed through one full cycle, on average.The process is repeated for each new sample.
The phase accumulation method of cycle measurement always uses one full cycle’s worth of historical data.This is both an advantage and a disadvantage.The advantage is the lag in obtaining the answer scales directly with the cycle period.That is, the measurement of a short cycle period has less lag than the measurement of a longer cycle period. However, the number of samples used in making the measurement means the averaging period is variable with cycle period. longer averaging reduces the noise level compared to the signal.Therefore, shorter cycle periods necessarily have a higher out- put signal-to-noise ratio.
What is Polynomial Regression?
In statistics, polynomial regression is a form of regression analysis in which the relationship between the independent variable x and the dependent variable y is modelled as an nth degree polynomial in x. Polynomial regression fits a nonlinear relationship between the value of x and the corresponding conditional mean of y, denoted E(y |x). Although polynomial regression fits a nonlinear model to the data, as a statistical estimation problem it is linear, in the sense that the regression function E(y | x) is linear in the unknown parameters that are estimated from the data. For this reason, polynomial regression is considered to be a special case of multiple linear regression.
Things to know
You can select from 33 source types
The source is smoothed before being injected into the Polynomial fitting algorithm, there are 35+ moving averages to choose from for smoothing
The output of the Polynomial fitting algorithm is then smoothed to create the signal, there are 35+ moving averages to choose from for smoothing
Included
Alerts
Signals
Bar coloring
PA-Adaptive TRIX Log [Loxx]PA-Adaptive TRIX Log is a Phase Accumulation Adaptive TRIX Log indicator. This adaptation smooths the signal to catch larger trends.
What is TRIX?
TRIX is a momentum oscillator that displays the percent rate of change of a TEMA . It was developed in the early 1980's by Jack Hutson, an editor for "Technical Analysis of Stocks and Commodities" magazine. With its triple smoothing, TRIX is designed to filter insignificant price movements. In his article he uses a logarithm of a price (which is in many versions, left out).
What is the Phase Accumulation Cycle?
The phase accumulation method of computing the dominant cycle is perhaps the easiest to comprehend. In this technique, we measure the phase at each sample by taking the arctangent of the ratio of the quadrature component to the in-phase component. A delta phase is generated by taking the difference of the phase between successive samples. At each sample we can then look backwards, adding up the delta phases.When the sum of the delta phases reaches 360 degrees, we must have passed through one full cycle, on average.The process is repeated for each new sample.
The phase accumulation method of cycle measurement always uses one full cycle’s worth of historical data.This is both an advantage and a disadvantage.The advantage is the lag in obtaining the answer scales directly with the cycle period.That is, the measurement of a short cycle period has less lag than the measurement of a longer cycle period. However, the number of samples used in making the measurement means the averaging period is variable with cycle period. longer averaging reduces the noise level compared to the signal.Therefore, shorter cycle periods necessarily have a higher out- put signal-to-noise ratio.
Included
Bar coloring
2 signal options
Alerts
Volume Indicators PackageCONTAINS 3 OF MY BEST VOLUME INDICATORS ALL FOR THE PRICE OF ONE!
CONTAINS:
Average Dollar Volume in RED
Up/Down Volume Ratio in Green
Volume Buzz/Volume Run Rate in BLUE
If you would like to get these individually, I also have scripts for that too.
Below is information about all three of these indicators, what they do, and why they are important.
---------------------------------------------------------------------------------------------AVERAGE DOLLAR VOLUME----------------------------------------------------------------------------------------
Dollar volume is simply the volume traded multiplied times the cost of the stock.
Dollar volume is an extremely important metric for finding stocks with enough liquidity for market makers to position themselves in. Market Liquidity is defined as market's feature whereby an individual or firm can quickly purchase or sell an asset without causing a drastic change in the asset's price. The key concept you want to understand is that these big instructions with billions of dollars need liquidity in a stock in order to even think about buying it, and therefore these institutions will demand a large dollar volume . A good dollar volume amount, that represents a pretty liquid name, is typically above 100 million $ average. Why are institutions important? Simple because they are the ones who make stocks move, and I mean really move. If you want to see large growth from a stock in a short amount of time, you need institutions wielding billions of dollars to be fighting one another to buy more shares. Institutions are the ones who make or break a stock, this is why we call them market makers.
My script calculates average dollar volume using four averages: the 50, the 30, the 20, and the 10 period. I use multiple averages in order to provide the accurate and up to date information to you. It then selects the minimum of these averages and divides this value by 1 million and displays this number to you.
TL;DR? If you want monster moves from your stocks, you need to pick names with average high liquidity(dollar volume >= $100 million). The number presented to you is in millions of whatever currency the name is traded in.
---------------------------------------------------------------------------------------------UP/DOWN VOLUME RATIO-----------------------------------------------------------------------------------------
Up/Down Volume Ratio is calculated by summing volume on days when it closes up and divide that total by the volume on days when the stock closed down.
High volume up days are typically a sign of accumulation(buying) by big players, while down days are signs of distribution(selling) by big market players. The Up Down volume ratio takes this assumption and turns it into a tangible number that's easier for the trader to understand. My formula is calculated using the past 50 periods, be warned it will not display a value for stocks with under 50 periods of trading history. This indicator is great for identify accumulation of growth stocks early on in their moves, most of the time you would like a growth stocks U/D value to be above 2, showing institutional sponsorship of a stock.
Up/Down Volume value interpretation:
U/D < 1 -> Bearish outlook, as sellers are in control
U/D = 1 -> Sellers and Buyers are equal
U/D > 1 -> Bullish outlook, as buyers are in control
U/D > 2 -> Bullish outlook, significant accumulation underway by market makers
U/D >= 3 -> MONSTER STOCK ALERT, market makers can not get enough of this stock and are ravenous to buy more
U/D values greater than 2 are rare and typically do not last very long, and U/D >= 3 are extremely rare one example I kind find of a stock's U/D peaking above 3 was Google back in 2005.
-----------------------------------------------------------------------------------------------------VOLUME BUZZ-----------------------------------------------------------------------------------------------
Volume Buzz/ Volume Run Rate as seen on TC2000 and MarketSmith respectively.
Basically, the volume buzz tells you what percentage over average(100 time period moving average) the volume traded was. You can use this indicator to more readily identify above-average trading volume and accumulation days on charts. The percentage will show up in the top left corner, make sure to click the settings button and uncheck the second box(left of plot) in order to get rid of the chart line.
Dynamic Money FlowDynamic Money Flow is a volume indicator based on Marc Chaikin's Money Flow with a few improvements.
It can be used to confirm break-outs and trends.
Zero line crosses and divergences can provide useful signals while considering chart analysis as well.
Two weaknesses of CMF have been already fixed by Colin Twiggs (IncredibleCharts)...
1.CMF uses Chaikin's accumulation/distribution line to calculate the flow of money.
Accumulation/distribution line does not take the gaps into account. This can be solved using true range.
I call it true accumulation/distribution.
2.Oscillators have a tendency to center because of averaging calculations.
DMF is average of flowing volume divided by average of total volume. This means indicator plots the change of first factor compared to the other one. In Simple Averaging method every data is given an equal weight thus when the last data drops it will have heavy impact on the averages and the change of them.
It is much easier to identity these impacts after the drop of very high or very low data... So reducing the weight exponentially is a better option.
3.There is something else with CMF... changes of close price is ignored, because the formula only compares close price to its range.
To include the movements of close beside the close to range comparison, the distance between two last close prices should be compared to true range as well.
So volume can be distributed between close to range comparison (True Accumulation/Distribution) and close to close comparison automatically. And then results are summed to have a single multiplier.
An example for how close to close comparison affects DMF...
Or here you can see how lower wicks keep TMF (same as CMF in this case) from crossing zero line while price is trending down.
Cumulative Delta Volume MTFCumulative Delta Volume MTF (CDV_MTF)
Within volume analytics, “delta (buy − sell)” often acts as a leading indicator for price.
This indicator is a cumulative delta tailored for day trading.
It differs from conventional cumulative delta in two key ways:
Daily Reset
If heavy buying hits into the prior day’s close, a standard cumulative delta “carries” that momentum into the next day’s open. You can then misread direction—selling may actually be dominant, but yesterday’s residue still pushes the delta positive. With Daily Reset, accumulation uses only the current day’s delta, giving you a more reliable, open-to-close read for intraday decision-making.
Timeframe Selection (MTF)
You might chart 30s/15s candles to capture micro structure, while wanting the cumulative delta on 5-minute to judge the broader flow. With Timeframe (MTF), you can view a lower-timeframe chart and a higher-timeframe delta in one pane.
Overview
MTF aggregation: choose the delta’s computation timeframe via Timeframe (empty = chart) (empty = chart timeframe).
Daily Reset: toggle on/off to accumulate strictly within the current session/day.
Display: Candle or Line (Candle supports Heikin Ashi), with Bull/Bear background shading.
Overlays: up to two SMA and two EMA lines.
Panel: plotted in a sub-window (overlay=false).
Example Use Cases
At the open: turn Daily Reset = ON to see the pure, same-day buy/sell build-up.
Entry on lower TF, bias from higher TF: chart at 30s, set Timeframe = 5 to reduce noise and false signals.
Quick read of momentum: Candle + HA + background shading for intuitive direction; confirm with SMA/EMA slope or crosses.
Key Parameters
Timeframe (empty = chart): timeframe used to compute cumulative delta.
Enable Daily Reset: resets accumulation when the trading day changes.
Style: Candle / Line; Heikin Ashi toggle for Candle mode.
SMA/EMA 1 & 2: individual length and color settings.
Background: customize Bull and Bear background colors.
How to Read
Distance from zero: positive build = buy-side dominance; negative = sell-side dominance.
Slope × MAs: use CDV slope and MA direction/crossovers for momentum and potential turns.
Reset vs. non-reset:
ON → isolates intraday net flow.
OFF → tracks multi-day accumulation/dispersion.
Notes & Caveats
The delta here is a heuristic derived from candle body/wick proportions—it is not true bid/ask tape.
MTF updates are based on the selected timeframe’s bar closes; values can fluctuate intrabar.
Date logic follows the symbol’s exchange timezone.
Renders in a separate pane.
Suggested Defaults
Timeframe = 5 (or 15) / Daily Reset = ON
Style = Candle + Heikin Ashi = ON
EMA(50/200) to frame trend context
For the first decisions after the open—and for scalps/day trades throughout the session—MTF × Daily Reset helps you lock onto the flow that actually matters, right now.
==========================
Cumulative Delta Volume MTF（CDV_MTF）
出来高の中でも“デルタ（買い−売り）”は株価の先行指標になりやすい。
本インジケーターはデイトレードに特化した累積デルタです。
通常の累積デルタと異なるポイントは2つ。
デイリーリセット機能
前日の大引けで大きな買いが入ると、通常の累積デルタはその勢いを翌日の寄りにも“持ち越し”ます。実際は売り圧が強いのに、前日の残渣に引っ張られて方向を誤ることがある。デイリーリセットを使えば当日分だけで累積するため、寄り直後からの判断基準として信頼度が上がります。
タイムフレーム指定（MTF）機能
たとえばチャートは30秒足/15秒足で細部の動きを追い、累積デルタは5分足で“大きな流れ”を確認したい──そんなニーズに対応。**一画面で“下位足の値動き × 上位足のフロー”**を同時に把握できます。
概要
MTF対応：Timeframe で集計足を指定（空欄＝チャート足）
デイリーリセット：当日分のみで累積（オン/オフ切替）
表示：Candle/Line（CandleはHA切替可）、背景をBull/Bearで自動塗り分け
補助線：SMA/EMA（各2本）を重ね描き
表示先：サブウィンドウ（overlay=false）
使い方の例
寄りのフロー判定：デイリーリセット＝オンで、寄り直後の純粋な買い/売りの積み上がりを確認
下位足のエントリー × 上位足のバイアス：チャート＝30秒、Timeframe=5分で騙しを減らす
勢いの視認：Candle＋HA＋背景色で直感的に上げ下げを把握、SMA/EMAの傾きで補強
主なパラメータ
Timeframe (empty = chart)：累積に使う時間足
デイリーリセットを有効にする：日付切替で累積をリセット
Style：Candle / Line、Heikin Ashi切替
SMA/EMA 1・2：期間・色を個別設定
背景色：Bull背景 / Bear背景 を任意のトーンに
読み取りのコツ
ゼロからの乖離：＋側へ積み上がるほど買い優位、−側は売り優位
傾き×MA：CDVの傾きと移動平均の方向/クロスで転換やモメンタムを推測
日内/日跨ぎの切替：デイリーリセット＝オンで日内の純流入出、オフで期間全体の偏り
仕様・注意
本デルタはローソクのボディ/ヒゲ比率から近似したヒューリスティックで、実際のBid/Ask集計とは異なります。
MTFは指定足の確定ベースで更新されます。
日付判定はシンボルの取引所タイムゾーン準拠。
推奨初期セット
Timeframe=5（または15）／デイリーリセット=有効
Style=Candle＋HA=有効
EMA(50/200)で流れの比較
寄りの一手、そしてスキャル/デイの判断材料に。MTF×デイリーリセットで、“効いているフロー”を最短距離で捉えます。
VWAP Composites📊 VWAP Composite - Advanced Multi-Period Volume Weighted Average Price Indicator
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🎯 OVERVIEW
VWAP Composite is an advanced volume-weighted average price (VWAP) indicator that goes beyond traditional single-period VWAP calculations by offering composite multi-period analysis and unprecedented customization. This indicator solves a common problem traders face: traditional VWAP resets at arbitrary intervals (session start, day, week), but significant price action and volume accumulation often spans multiple periods. VWAP Composite allows you to anchor VWAP calculations to any timeframe—or combine multiple periods into a single composite VWAP—giving you a true representation of average price weighted by volume across the exact periods that matter to your analysis.
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⚙️ HOW IT WORKS - CALCULATION METHODOLOGY
📌 CORE VWAP CALCULATION
The indicator calculates VWAP using the standard volume-weighted formula:
• Typical Price = (High + Low + Close) / 3
• VWAP = Σ(Typical Price × Volume) / Σ(Volume)
This calculation is performed across user-defined time periods, ensuring each bar's contribution to the average is proportional to its trading volume.
📌 STANDARD DEVIATION BANDS
The indicator calculates volume-weighted standard deviation to measure price dispersion around the VWAP:
• Variance = Σ / Σ(Volume)
• Standard Deviation = √Variance
• Upper Band = VWAP + (StdDev × Multiplier)
• Lower Band = VWAP - (StdDev × Multiplier)
These bands help identify overbought/oversold conditions relative to the volume-weighted mean, with high-volume price excursions having greater impact on band width than low-volume moves.
📌 COMPOSITE PERIOD METHODOLOGY (Auto Mode)
Unlike traditional VWAP that resets at fixed intervals, Auto Mode creates composite VWAPs by combining the current period with N previous periods:
• Period Span = 1: Current period only (standard VWAP behavior)
• Period Span = 2: Current period + 1 previous period combined
• Period Span = 3: Current period + 2 previous periods combined
• And so on...
Example: A 3-period Weekly composite VWAP calculates from the start of 2 weeks ago through the current week's end, creating a single VWAP that represents 21 days of continuous price and volume data. This provides context about where price stands relative to the volume-weighted average over multiple weeks, not just the current week.
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🔧 KEY FEATURES & ORIGINALITY
✅ DUAL OPERATING MODES
1️⃣ MANUAL MODE (5 Independent VWAPs)
Define up to 5 separate VWAP calculations with custom start/end times:
• Perfect for anchoring VWAP to specific events (earnings, Fed announcements, major reversals)
• Each VWAP has independent color settings for lines and deviation band backgrounds
• Individual control over calculation extension and visual extension (explained below)
• Useful for tracking multiple institutional accumulation/distribution zones simultaneously
2️⃣ AUTO MODE (Composite Period VWAP)
Automatically calculates VWAP across combined time periods:
• Supported periods: Daily, Weekly, Monthly, Quarterly, Yearly
• Configurable period span (1-20 periods)
• Always up-to-date, recalculates on each new bar
• Ideal for systematic analysis across consistent timeframes
✅ DUAL EXTENSION SYSTEM (Manual Mode Innovation)
Most VWAP indicators only offer "on/off" for extending calculations. This indicator provides two distinct extension options:
🔹 EXTEND CALCULATION TO CURRENT BAR
When enabled, continues including new bars in the VWAP calculation after the defined end time. The VWAP value updates dynamically as new volume enters the market.
Use case: You anchored VWAP to a major low 3 weeks ago. You want the VWAP to continue evolving with new volume data to track ongoing institutional positioning.
🔹 EXTEND VISUAL LINE ONLY
When enabled (and calculation extension is disabled), projects the "frozen" VWAP value forward as a reference line. The VWAP value remains fixed at what it was at the end time, but the line and deviation bands visually extend to current price.
Use case: You want to see how price is behaving relative to the VWAP that existed at a specific point in time (e.g., "Where is price now vs. the 5-day VWAP that existed at last Friday's close?").
This dual system gives you unprecedented control over whether you're tracking a "living" VWAP that incorporates new data or using historical VWAP levels as static reference points.
✅ CUSTOMIZABLE STANDARD DEVIATION BANDS
• Adjustable multiplier (0.1 to 5.0)
• Independent background colors with opacity control for each VWAP
• Dashed band lines for easy visual distinction from main VWAP
• Bands extend when visual extension is enabled, maintaining zone visibility
✅ COMPREHENSIVE LABELING SYSTEM
Each VWAP displays:
• Current VWAP value
• Upper deviation band value (High)
• Lower deviation band value (Low)
• Extension status indicator (Calc Extended / Visual Extended)
• Color-coded for quick identification
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📖 HOW TO USE THIS INDICATOR
🎯 SCENARIO 1: EVENT-ANCHORED VWAP (Manual Mode)
Use case: A stock gaps down 15% on earnings and you want to track where institutions are positioning during the recovery.
Setup:
1. Switch to Manual Mode
2. Enable VWAP 1
3. Set Start Time to the earnings gap bar
4. Set End Time to current time (or leave far in future)
5. Enable "Extend Calculation to Current Bar"
6. Watch how price respects the VWAP as a dynamic support/resistance
Interpretation:
• Price above VWAP = buyers in control since the event
• Price testing VWAP from above = potential support
• Volume-weighted standard deviation bands show normal price range
• Price outside bands = potential exhaustion/mean reversion setup
🎯 SCENARIO 2: MULTI-WEEK INSTITUTIONAL ACCUMULATION ZONE (Auto Mode)
Use case: You trade swing setups and want to identify where institutions have been accumulating over the past 3 weeks.
Setup:
1. Switch to Auto Mode
2. Select "Weekly" period type
3. Set Period Span to 3
4. Enable standard deviation bands
Interpretation:
• 3-week composite VWAP shows the true average institutional entry
• Price bouncing off VWAP repeatedly = strong support (institutions defending their average)
• Price breaking below VWAP on high volume = potential distribution
• Deviation bands contracting = consolidation; expanding = volatility increase
🎯 SCENARIO 3: COMPARING MULTIPLE TIME HORIZONS (Manual Mode)
Use case: You want to see short-term vs medium-term vs long-term VWAP alignments.
Setup:
1. Switch to Manual Mode
2. VWAP 1: Last 5 trading days (blue)
3. VWAP 2: Last 10 trading days (orange)
4. VWAP 3: Last 20 trading days (purple)
5. Enable "Extend Calculation" for all
6. Set different background colors for visual separation
Interpretation:
• All VWAPs aligned upward = strong trend across all timeframes
• Price between VWAPs = finding equilibrium between different trader timeframes
• Short-term VWAP crossing long-term VWAP = momentum shift
• Price rejecting at higher-timeframe VWAP = that timeframe's traders defending their average
🎯 SCENARIO 4: HISTORICAL VWAP REFERENCE LEVELS (Manual Mode)
Use case: You want to see where the 1-month VWAP was at each month-end as static reference levels.
Setup:
1. Switch to Manual Mode
2. VWAP 1: Set to last month's start/end dates
3. VWAP 2: Set to 2 months ago start/end dates
4. VWAP 3: Set to 3 months ago start/end dates
5. Disable "Extend Calculation"
6. Enable "Extend Visual Line Only"
Interpretation:
• Each VWAP represents the volume-weighted average for that complete month
• These become static support/resistance levels
• Price returning to old monthly VWAPs = institutional memory/gap fill behavior
• Useful for identifying longer-term value areas
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🎨 CUSTOMIZATION OPTIONS
GENERAL SETTINGS
• Show/hide labels
• Line style: Solid, Dashed, or Dotted
• Standard deviation multiplier (impacts band width)
• Toggle standard deviation bands on/off
MANUAL MODE (Per VWAP)
• Custom start and end times
• Line color picker
• Background color picker (with transparency control)
• Extend calculation option
• Extend visual option
• Show/hide individual VWAPs
AUTO MODE
• Period type selection (Daily/Weekly/Monthly/Quarterly/Yearly)
• Period span (1-20 periods)
• Line color
• Background color (with transparency control)
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💡 TRADING APPLICATIONS
✓ Mean Reversion: Use deviation bands to identify stretched prices likely to return to VWAP
✓ Trend Confirmation: Price sustained above VWAP = bullish bias; below = bearish bias
✓ Support/Resistance: VWAP often acts as dynamic S/R, especially on higher volume periods
✓ Institutional Positioning: Multi-day/week VWAPs show where large players have established positions
✓ Entry Timing: Wait for pullbacks to VWAP in trending markets
✓ Stop Placement: Use VWAP ± standard deviation as volatility-adjusted stop levels
✓ Breakout Confirmation: Breakouts from consolidation with price reclaiming VWAP = stronger signal
✓ Multi-Timeframe Analysis: Compare short vs long-period VWAPs to gauge momentum alignment
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⚠️ IMPORTANT NOTES
• The indicator redraws on each bar to maintain accurate visual representation (uses `barstate.islast`)
• Maximum lookback is limited to 5000 bars for performance optimization
• Time range calculations work across all timeframes but are most effective on intraday to daily charts
• Standard deviation bands assume volume-weighted distribution; extreme events may violate assumptions
• Auto mode always calculates to current bar; use Manual mode for fixed historical periods
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This indicator is open-source. Feel free to examine the code, learn from it, and adapt it to your needs.
Timebender 369 Time CalculatorOverview
The Timebender Digits indicator visualizes rhythmic price cycles by marking confirmed swing highs and lows with dynamically colored numerical stamps.
Each number is derived from the sum of the current candle’s hour and minute, reduced to a single digit (1–9), providing a visual “time signature” for each structural turn in market flow.
This is a structural-pivot model inspired by LuxAlgo’s swing logic, rebuilt from the ground up in Pine v6 using the Timebender Rulebook framework for flawless compilation and precision label anchoring.
Core Features
Dynamic Swing Detection:
Detects structural highs/lows using ta.pivothigh() and ta.pivotlow(), confirmed after the selected number of bars (len).
Digit Logic (1–9):
Converts the pivot candle’s timestamp into a reduced digit from 1–9, acting as a symbolic rhythm marker.
Phase-Based Coloring:
1-3 → Accumulation (Gray)
4-6 → Manipulation (Green)
7-9 → Distribution (Blue)
Floating or Fixed Labels:
Option to keep digits visually anchored above/below candles (yloc.abovebar/belowbar) or locked to price (yloc.price) with customizable ATR offset.
Clean Visuals:
Transparent background, no boxes, no tooltips — just crisp digits that scale smoothly with zoom.
Master Toggle:
Instantly hide/show all digits without removing the indicator.
Inputs & Customization
Show Digits on Chart: Enable/disable plotting.
Pivot Length: Number of bars used to confirm swings (default 21).
Float Above/Below Bars: Switch between floating or price-anchored mode.
ATR Offset Multiplier: Adjust spacing when price-anchored.
Digit Size: Tiny → Huge (default Large).
Color Controls: Customize the Accumulation, Manipulation, and Distribution color palette.
Use Cases
Visualize time-based rhythm in market structure.
Identify cyclical energy between accumulation, manipulation, and distribution phases.
Study how market timing aligns with structural swing formation.
Institutional Activity DetectorInstitutional Activity Detector - Complete Tutorial
Table of Contents
Installation
Understanding the Indicator
Signal Interpretation
Settings Configuration
Trading Strategies
Best Practices
Common Mistakes to Avoid
1. Installation {#installation}
Step-by-Step Setup:
Step 1: Access TradingView
Go to TradingView.com
Log in to your account (free account works fine)
Step 2: Open Pine Editor
Click on "Pine Editor" at the bottom of the chart
If you don't see it, go to the top menu and select "Pine Editor"
Step 3: Add the Script
Click "New" to create a new indicator
Delete any default code
Copy the entire Institutional Activity Detector code
Paste it into the editor
Step 4: Save and Apply
Click "Save" (give it a name like "Inst Detector")
Click "Add to Chart"
The indicator will now appear on your chart
2. Understanding the Indicator {#understanding}
What It Detects:
This indicator identifies institutional traders (banks, hedge funds, market makers) by analyzing:
Volume Analysis
Detects unusual volume spikes that indicate large players entering
Compares current volume to 20-period average
Institutional trades create volume 2-5x normal levels
Order Flow
Delta: Difference between buying and selling volume
Positive delta = More buying pressure
Negative delta = More selling pressure
Institutions leave "footprints" in order flow
Price Action Patterns
Bullish Rejection Wicks:
| <- Small upper wick
|
███ <- Small body
███
|
|
| <- Large lower wick (rejection)
Indicates institutions bought aggressively at lower prices
Bearish Rejection Wicks:
|
|
| <- Large upper wick (rejection)
|
███ <- Small body
███
| <- Small lower wick
Indicates institutions sold aggressively at higher prices
Liquidity Grabs
Institutions often:
Push price above resistance or below support
Trigger stop losses (grab liquidity)
Reverse direction and trade the other way
Dark Pool Activity
Large block trades executed off-exchange:
High volume with minimal price movement
Indicates institutional accumulation/distribution without moving price
3. Signal Interpretation {#signals}
Signal Types:
🟢 INSTITUTIONAL BUY Signal
Appears as green triangle below candle with strength number (2-5)
What it means:
Institutions are actively accumulating (buying)
Higher strength = More confirmation factors
Strength Levels:
2-3: Moderate confidence - Wait for confirmation
4: High confidence - Strong institutional interest
5: Maximum confidence - Multiple factors aligned
🔴 INSTITUTIONAL SELL Signal
Appears as red triangle above candle with strength number (2-5)
What it means:
Institutions are actively distributing (selling)
Higher strength = More confirmation factors
🟠 Dark Pool (DP) Marker
Small orange diamond
What it means:
Large block trade executed
Accumulation/distribution happening quietly
Often precedes significant moves
Liquidity Zones
Red boxes above price = Resistance/sell liquidity
Green boxes below price = Support/buy liquidity
Institutions target these zones to trigger stops
4. Settings Configuration {#settings}
Recommended Settings by Asset Type:
For Stocks (SPY, AAPL, TSLA):
Volume Spike Multiplier: 2.0
Volume Average Period: 20
Delta Threshold: 70%
Minimum Signal Strength: 3
Timeframe: 5m, 15m, 1H
For Forex (EUR/USD, GBP/USD):
Volume Spike Multiplier: 1.5
Volume Average Period: 30
Delta Threshold: 65%
Minimum Signal Strength: 3
Timeframe: 15m, 1H, 4H
For Crypto (BTC, ETH):
Volume Spike Multiplier: 2.5
Volume Average Period: 20
Delta Threshold: 70%
Minimum Signal Strength: 4
Timeframe: 15m, 1H, 4H
For Futures (ES, NQ):
Volume Spike Multiplier: 2.0
Volume Average Period: 20
Delta Threshold: 75%
Minimum Signal Strength: 3
Timeframe: 5m, 15m, 30m
Parameter Explanations:
Volume Spike Multiplier (1.0 - 10.0)
Lower = More sensitive (more signals, some false)
Higher = Less sensitive (fewer signals, more reliable)
Start with 2.0 and adjust based on your asset's volatility
Delta Threshold % (50 - 100)
Measures buying vs selling pressure
70% = Strong institutional bias required
Lower for ranging markets, higher for trending
Minimum Signal Strength (2 - 5)
Number of factors that must align for a signal
2 = Very sensitive (many signals)
5 = Very conservative (rare signals)
Recommended: 3-4 for balance
5. Trading Strategies {#strategies}
Strategy 1: Liquidity Grab Reversal
Setup:
Price approaches a liquidity zone (green/red box)
Price penetrates the zone briefly
Institutional BUY/SELL signal appears
Price reverses away from the zone
Entry:
Enter on the signal candle close
Or wait for next candle confirmation
Stop Loss:
Below the liquidity grab low (for buys)
Above the liquidity grab high (for sells)
Take Profit:
2:1 or 3:1 risk/reward ratio
Or next opposing liquidity zone
Example:
Price drops below support → Triggers stops →
Institutional BUY signal (4-5 strength) →
Enter LONG → Price rallies
Strategy 2: Trend Continuation
Setup:
Identify the trend (higher highs/higher lows for uptrend)
Wait for pullback to support in uptrend
Institutional BUY signal appears during pullback
Confirms institutions are adding to positions
Entry:
Enter on signal with strength ≥ 4
Or next candle after signal
Stop Loss:
Below the pullback low + small buffer
Take Profit:
Previous swing high
Or trailing stop using ATR
Strategy 3: Dark Pool Accumulation
Setup:
Dark Pool (DP) markers appear multiple times
Price consolidates in tight range
Institutional BUY signal with high strength appears
Breakout occurs
Entry:
Enter on breakout candle after signal
Or on retest of breakout level
Stop Loss:
Below consolidation range
Take Profit:
Measured move (height of consolidation projected)
Strategy 4: Divergence Play
Setup:
Price makes lower low
MFI/RSI makes higher low (bullish divergence)
Institutional BUY signal appears
Volume confirms with spike
Entry:
Enter on signal candle or next
Stop Loss:
Below the divergence low
Take Profit:
Previous swing high or resistance
6. Best Practices {#best-practices}
✅ DO's:
1. Use Multiple Timeframes
Check higher timeframe for trend direction
Trade signals that align with higher timeframe
Example: 15m signals in direction of 1H trend
2. Combine with Key Levels
Support/resistance
Supply/demand zones
Previous day high/low
Round numbers (psychological levels)
3. Wait for Confirmation
Don't rush into trades
Let the signal candle close
Watch next candle for follow-through
4. Check the Metrics Table
Look at Relative Volume (should be >2.0)
Check Delta % (should be strong positive/negative)
Verify Order Flow aligns with signal
5. Consider Market Context
News events can override signals
Low liquidity times (lunch, overnight) less reliable
Major economic releases need caution
6. Paper Trade First
Test the indicator for 2-4 weeks
Learn how it behaves on your chosen assets
Develop confidence before using real money
Best Times to Trade:
Stock Market Hours:
9:30-11:30 AM EST (high volume, strong moves)
2:00-4:00 PM EST (institutional positioning)
Avoid: 11:30 AM-2:00 PM (lunch, low volume)
Forex:
London Open: 3:00-6:00 AM EST
New York Open: 8:00-11:00 AM EST
London/NY Overlap: 8:00 AM-12:00 PM EST
Crypto:
24/7 market, but highest volume during US/European hours
Watch for weekend low liquidity
7. Common Mistakes to Avoid {#mistakes}
❌ DON'T:
1. Trade Every Signal
Not all signals are equal
Focus on strength 4-5 signals
Wait for optimal setups
2. Ignore Market Structure
Don't buy into strong downtrends (catch falling knife)
Don't sell into strong uptrends (fight the tape)
Respect major support/resistance
3. Use Too Small Timeframes
1m and 2m charts are too noisy
Minimum recommended: 5m for scalping
Better: 15m, 30m, 1H for reliability
4. Overtrade
Quality over quantity
2-5 good trades per day is excellent
Forcing trades leads to losses
5. Ignore Risk Management
Always use stop losses
Risk only 1-2% per trade
Don't revenge trade after losses
6. Trade During Low Volume
Signals less reliable with low volume
Check Relative Volume metric (should be >1.5)
Avoid pre-market/after-hours for stocks
7. Misread Liquidity Grabs
Not every wick is a liquidity grab
Need volume confirmation
Must have institutional signal
Advanced Tips:
Filtering False Signals:
Use Signal Strength Filter:
Minimum strength 3 = Balanced
Minimum strength 4 = Conservative (recommended)
Minimum strength 5 = Ultra conservative
Confluence Checklist:
Signal strength ≥ 4
Relative volume > 2.0
At key support/resistance
Aligns with higher timeframe trend
Delta % strongly positive/negative
Clean price action setup
If 4+ boxes checked = High probability trade
Setting Up Alerts:
Click the three dots on the indicator
Select "Create Alert"
Choose condition:
"Institutional Buy Signal"
"Institutional Sell Signal"
"Dark Pool Activity"
Set up notification (email, SMS, app)
Save alert
Alert Strategy:
Set minimum strength to 4 for fewer, better alerts
Use for assets you can't watch constantly
Don't rely solely on alerts - check chart context
Practice Exercise:
Week 1-2: Observation
Add indicator to your favorite assets
Watch how signals develop
Note which ones lead to profitable moves
Don't trade yet - just observe
Week 3-4: Paper Trading
Use TradingView's paper trading
Trade only strength 4-5 signals
Record results in a journal
Note: entry, exit, profit/loss, what worked/didn't
Week 5+: Small Live Positions
Start with smallest position size
Trade only your best setups
Gradually increase size as you gain confidence
Keep detailed journal
Quick Reference Card:
Signal Quality Ranking:
🔥 Best Setups (Take These):
Strength 5 + Liquidity grab + Key level
Strength 4-5 + Volume >3.0 + Trend alignment
Dark Pool markers + Strength 4+ signal
✅ Good Setups:
Strength 4 at support/resistance
Strength 3-4 with strong delta
Liquidity grab + Strength 3+
⚠️ Caution (Wait for More):
Strength 2-3 in middle of nowhere
Against higher timeframe trend
Low volume (Rel Vol <1.5)
❌ Avoid:
Strength 2 only
During major news
Low liquidity hours
Against strong trend
Troubleshooting:
"Too many signals"
→ Increase Minimum Signal Strength to 4
→ Increase Volume Spike Multiplier to 2.5-3.0
"Too few signals"
→ Decrease Minimum Signal Strength to 2-3
→ Decrease Volume Spike Multiplier to 1.5
"Signals not working"
→ Check if you're trading during low volume hours
→ Verify you're using recommended timeframes
→ Make sure signals align with market structure
"Can't see liquidity zones"
→ Enable "Show Liquidity Zones" in settings
→ Adjust Swing Detection Length (try 7-15)
Resources for Further Learning:
Concepts to Study:
Order Flow Trading
Market Profile / Volume Profile
Smart Money Concepts (SMC)
Liquidity Sweeps and Stop Hunts
Institutional Order Flow
Wyckoff Method
Volume Spread Analysis (VSA)
Recommended Practice:
Study past signals on chart
Replay market using TradingView's bar replay feature
Join trading communities to share setups
Keep a detailed trading journal
Final Thoughts:
This indicator is a tool, not a crystal ball. It identifies high-probability setups where institutions are active, but still requires:
Proper risk management
Market context understanding
Patience and discipline
Continuous learning
Success Formula:
Right Tool + Proper Training + Risk Management + Discipline = Consistent Profits
Start slow, master the basics, and gradually increase complexity as you gain experience.
Good luck and trade smart! 📊📈
Cnagda Pure Price ActionCnagda Pure Price Action (CPPA) indicator is a pure price action-based system designed to provide traders with real-time, dynamic analysis of the market. It automatically identifies key candles, support and resistance zones, and potential buy/sell signals by combining price, volume, and multiple popular trend indicators.
How Price Action & Volume Analysis Works
Silver Zone – Logic, Reason, and Trade Planning
Logic & Visualization:
The Silver Zone is created when the closing price is the lowest in the chosen window and volume is the highest in that window.
Visually, a large silver-colored box/rectangle appears on the chart.
Thick horizontal lines (top and bottom) are drawn at the high and low of that candle/bar, extending to the right.
Reasoning:
This combination typically occurs at strong “accumulation” or support areas:
Sellers push the price down to the lowest point, but aggressive buyers step in with high volume, absorbing supply.
Indicates potential exhaustion of selling and likely shift in market control to buyers.
How to Plan Trades Using Silver Zone:
Watch if price returns to the Silver Zone in the future: It often acts as powerful support.
Bullish entries (buys) can be planned when price tests or slightly pierces this zone, especially if new buy signals occur (like yellow/green candle labels).
Place your stop-loss below the bottom line of the Silver Zone.
Target: Look for the nearest resistance or opposing zone, or use indicator’s bullish label as confirmation.
Extra Tip:
Multiple touches of the Silver Zone reinforce its importance, but if price closes deeply below it with high volume, that’s a caution signal—support may be breaking.
Black Zone – Logic, Reason, and Trade Planning (as CPPA):
Logic & Visualization:
The Black Zone is created when the closing price is the highest in the chosen window and volume is the lowest in that window.
Visually, a large black-colored box/rectangle appears on the chart, along with thick horizontal lines at the top (high) and bottom (low) of the candle, extending to the right.
Reasoning:
This combination signals a strong “distribution” or resistance area:
Buyers push the price up to a local high, but low volume means there is not much follow-through or conviction in the move.
Often marks exhaustion where uptrend may pause or reverse, as sellers can soon step in.
How to Plan Trades Using Black Zone:
If price revisits the Black Zone in the future, it often acts as major resistance.
Bearish entries (sells) are considered when price is near, testing, or slightly above the Black Zone—especially if new sell signals appear (like blue/red candle labels).
Place your stop-loss just above the top line of the Black Zone.
Target: Nearest support zone (such as a Silver Zone) or next indicator’s bearish label.
Extra Tip:
Multiple touches of the Black Zone make it stronger, but if price closes far above with rising volume, be cautious—resistance might be breaking.
Support Line – Logic, Reason, and Trade Planning (as Cppa):
Logic & Visualization:
The Support Line is a dynamically drawn dashed line (usually blue) that marks key price levels where the market has previously shown significant buying interest.
The line is generated whenever a candle forms a high price with high volume (orange logic).
The script checks for historical pivot lows, past support zones, and even higher timeframe (HTF) supports, and then extends a blue dashed line from that price level to the right, labeling it (sometimes as “Prev Support Orange, HTF”).
Reasoning:
This line helps you visually identify where demand has been strong enough to hold price from falling further—essentially a floor in the market used by professional traders.
If price approaches or re-tests this line, there’s a good chance buyers will defend it again.
How to Plan Trades Using Support Line:
Watch for price to approach the Support Line during down moves. If you see a bullish candlestick pattern, buy labels (yellow/green), or other indicators aligning, this can be a high-probability entry zone.
Great for planning stop-loss for long trades: place stops just below this line.
Target: Next resistance zone, Black Zone, or the top of the last swing.
Extra Tip:
Multiple confirmations (support line + Silver Zone + bullish label) provide powerful entry signals.
If price closes strongly below the Support Line with volume, be cautious—support may be breaking, and a trend reversal or deeper correction could follow.
Resistance Line – Logic, Reason, and Trade Planning (from CPPA):
Logic & Visualization:
The Resistance Line is a dynamically drawn dashed line (usually purple or red) that identifies price levels where the market has previously faced significant selling pressure.
This line is created when a candle reaches a high price combined with high volume (orange logic), or from a historical pivot high/resistance,
The script also tracks higher timeframe (HTF) resistance lines, labeled as “Prev Resistance Orange, HTF,” and extends these dashed lines to the right across the chart.
Reasoning:
Resistance Lines are visual markers of “supply zones,” where buyers previously failed, and sellers took control.
If the price returns to this line later, sellers may get active again to defend this level, halting the uptrend.
How to Plan Trades Using Resistance Line:
Watch for price to approach the Resistance Line during up moves. If you see bearish candlestick patterns, sell labels (blue/red), or bearish indicator confirmation, this becomes a strong shorting opportunity.
Perfect for placing stop-loss in short trades—put your stop just above the Resistance Line.
Target: Next support zone (Silver Zone) or bottom of the last swing.
If the price breaks above with high volume, avoid shorting—resistance may be failing.
Extra Tip:
Multiple resistances (Resistance Line + Black Zone + bearish label) make short signals stronger.
Choppy movement around this line often signals indecision; wait for a clear rejection before entering trades.
Bullish / Bearish Label – Logic, Reason, and Trade Planning:
Logic & Visualization:
The indicator constantly calculates a "Bull Score" and a "Bear Score" based on several factors:
Trend direction from price slope
Confirmation by popular indicators (RSI, ADX, SAR, CMF, OBV, CCI, Bollinger Bands, TWAP)
Adaptive scoring (higher score for each bullish/bearish condition met)
If Bull Score > Bear Score, the chart displays a green "BULLISH" label (usually below the bar).
If Bear Score > Bull Score, the chart displays a red "BEARISH" label (usually above the bar).
If neither dominates, a "NEUTRAL" label appears.
Reasoning:
The labels summarize complex price action and indicator analysis into a simple, actionable sentiment cue:
Bullish: Majority of conditions indicate buying strength; trend is up.
Bearish: Majority signals show selling pressure; trend is down.
How to Use in Trade Planning:
Use the Bullish label as confirmation to enter or hold long (buy) positions, especially if near support/Silver Zone.
Use the Bearish label to enter/hold short (sell) positions, especially if near resistance/Black Zone.
For best results, combine with candle color, volume analysis, or other labels (yellow/green for buys, blue/red for sells).
Avoid trading against these labels unless you have strong confluence from zones/support levels.
Yellow Label (Buy Signal) – Logic, Reason & Trade Planning:
Logic & Visualization:
The yellow label appears below a candle (label.style_label_up, yloc.belowbar) and marks a potential buy signal.
Script conditions:
The candle must be a “yellow candle” (which means it’s at the local lowest close, not a high, with normal volume).
Volume is decreasing for 2 consecutive candles (current volume < previous volume, previous volume < second previous).
When these conditions are met, a yellow label is plotted below the candle.
Reasoning:
This scenario often marks the end of selling pressure and start of possible accumulation—buyers may be stepping in as sellers exhaust.
Decreasing volume during a local price low means selling is slowing, possibly hinting at a reversal.
How to Trade Using Yellow Label:
Entry: Consider buying at/just above the yellow-labeled candle’s close.
Stop-loss: A bit below the candle’s low (or Silver Zone line, if present).
Target: Next resistance level, Black Zone, or chart’s bullish label.
Extra Tip:
If the yellow label is found at/near a Silver Zone or Support Line, and trend is “Bullish,” the setup gets even stronger.
Avoid trading if overall indicator shows “Bearish.”
Green Label (Buy with Increasing Volume) – Logic, Reason & Trade Planning:
Logic & Visualization:
The green label is plotted below a candle (label.style_label_up, yloc.belowbar) and marks a strong buy signal.
Script conditions:
The candle must be a “yellow candle” (at the local lowest close, normal volume).
Volume is increasing for 2 consecutive candles (current volume > previous volume, previous volume > second previous).
When these conditions are met, a green label is plotted below the candle.
Reasoning:
This scenario signals that buyers are stepping in aggressively at a local price low—the end of a downtrend with strong, rising activity.
Increasing volume at a price low is a classic sign of accumulation, where institutions or large players may be buying.
How to Trade Using Green Label:
Entry: Consider buying at/just above the green-labeled candle’s close for a momentum-based reversal.
Stop-loss: Slightly below the candle’s low, or the Silver Zone/support line if present.
Target: Nearest resistance zone/Black Zone, indicator’s bullish label, or next swing high.
Extra Tip:
If the green label is near other supports (Silver Zone, Support Line), the setup is extra strong.
Use confirmation from Bullish labels or trend signals for best results.
Green label setups are suitable for quick, high momentum trades due to increasing volume
Blue Label (Sell Signal on Decreasing Volume) – Logic, Reason & Trade Planning:
Logic & Visualization:
The blue label is plotted above a candle (label.style_label_down, yloc.abovebar) as a potential sell signal.
Script conditions:
The candle is a “blue candle” (local highest close, but not also lowest, and volume is neither highest nor lowest).
Volume is decreasing over 2 consecutive candles (current volume < previous, previous < two ago).
When these match, a blue label appears above the candle.
Reasoning:
This typically signals buyer exhaustion at a local high: price has gone up, but volume is dropping, suggesting big players may not be buying any more at these levels.
The trend is losing strength, and a reversal or pullback is likely.
How to Trade Using Blue Label:
Entry: Look to sell at/just below the candle with the blue label.
Stop-loss: Just above the candle’s high (or above the Black Zone/resistance if present).
Target: Nearest support, Silver Zone, or a swing low.
Extra Tip:
Blue label signals are stronger if they appear near Black Zones or Resistance Lines, or when the general market label is "Bearish."
As with buy setups, always check for confirmation from trend or volume before trading aggressively.
Blue Label (Sell Signal on Decreasing Volume) – Logic, Reason & Trade Planning:
Logic & Visualization:
The blue label is plotted above a candle (label.style_label_down, yloc.abovebar) as a potential sell signal.
Script conditions:
The candle is a “blue candle” (local highest close, but not also lowest, and volume is neither highest nor lowest).
Volume is decreasing over 2 consecutive candles (current volume < previous, previous < two ago).
When these match, a blue label appears above the candle.
Reasoning:
This typically signals buyer exhaustion at a local high: price has gone up, but volume is dropping, suggesting big players may not be buying any more at these levels.
The trend is losing strength, and a reversal or pullback is likely.
How to Trade Using Blue Label:
Entry: Look to sell at/just below the candle with the blue label.
Stop-loss: Just above the candle’s high (or above the Black Zone/resistance if present).
Target: Nearest support, Silver Zone, or a swing low.
Extra Tip:
Blue label signals are stronger if they appear near Black Zones or Resistance Lines, or when the general market label is "Bearish."
As with buy setups, always check for confirmation from trend or volume before trading aggressively.
Here’s a summary of all key chart labels, zones, and trading logic of your Price Action script:
Silver Zone: Powerful support zone. Created at lowest close + highest volume. Best for buy entries near its lines.
Black Zone: Strong resistance zone. Created at highest close + lowest volume. Ideal for short trades near its levels.
Support Line: Blue dashed line at historical demand; buyers defend here. Look for bullish setups when price approaches.
Resistance Line: Purple/red dashed line at supply; sellers defend here. Great for bearish setups when price nears.
Bullish/Bearish Labels: Summarize trend direction using price action + multiple indicator confirmations. Plan buys, holds on bullish; sells, shorts on bearish.
Yellow Label: Buy signal on decreasing volume and local price low. Entry above candle, stop below, target next resistance.
Green Label: Strong buy on increasing volume at a price low. Entry for momentum trade, stop below, target next zone.
Blue Label: Sell signal on dropping volume and local price high. Entry below candle, stop above, target next support.
Best Practices:
Always combine zone/label signals for higher probability trades.
Use stop-loss near zones/lines for risk management.
Prefer trading in the trend direction (bullish/bearish label agrees with your entry).
if Any Question, Suggestion Feel free to ask
Disclaimer:
All information provided by this indicator is for educational and analysis purposes only, and should not be considered financial advice.
RVol+ Enhanced Relative Volume Indicator📊 RVol+ Enhanced Relative Volume Indicator
Overview
RVol+ (Relative Volume Plus) is an advanced time-based relative volume indicator designed specifically for swing traders and breakout detection. Unlike simple volume comparisons, RVol+ analyzes volume at the same time of day across multiple sessions, providing statistically significant insights into institutional activity and breakout potential.
🎯 Key Features
Core Volume Analysis
Time-Based RVol Calculation - Compares current cumulative volume to the average volume at this exact time over the past N days
Statistical Z-Score - Measures volume in standard deviations from the mean for true anomaly detection
Volume Percentile - Shows where current volume ranks historically (0-100%)
Sustained Volume Filter - 3-bar moving average prevents false signals from single-bar spikes
Breakout Detection
🚀 Confirmed Breakouts - Identifies price breakouts validated by high volume (RVol > 1.5x)
⚠️ False Breakout Warnings - Alerts when price breaks key levels on low volume (high failure risk)
Multi-Timeframe Context - Weekly volume overlay prevents chasing daily noise
Advanced Metrics
OBV Divergence Detection - Spots bullish/bearish accumulation/distribution patterns
Volume Profile Integration - Identifies institutional positioning
Money Flow Analysis - Tracks smart money vs retail activity
Extreme Volume Alerts - 🔥 Labels mark unusual spikes beyond the display cap
Visual Intelligence
Smart Color Coding:
🟢 Bright Teal = High activity (RVol ≥ 1.5x)
🟡 Medium Teal = Caution zone (RVol ≥ 1.2x)
⚪ Light Teal = Normal activity
🟠 Orange = Breakout confirmed
🔴 Red = False breakout risk
Comprehensive Stats Table:
Current Volume (formatted as M/K/B)
RVol ratio
Z-Score with significance
Volume percentile
Historical average and standard deviation
Sustained volume confirmation
📈 How to Use
For Swing Trading (1D - 3W Holds)
Perfect Setup:
✓ RVol > 1.5x (bright teal)
✓ Z-Score > 2.0 (⚡ alert)
✓ Percentile > 90%
✓ Sustained = ✓
✓ 🚀 Breakout label appears
Avoid:
✗ Red "Low Vol" warning during breakouts
✗ RVol < 1.0 at key levels
✗ Sustained volume not confirmed
Signal Interpretation
⚡ Z>2 Labels - Statistically significant volume (95th+ percentile) - highest probability moves
↗️ OBV+ Labels - Bullish accumulation (OBV rising while price consolidates)
↘️ OBV- Labels - Bearish distribution (OBV falling while price rises)
🔵 Blue Background - Weekly volume elevated (confirms daily strength)
⚙️ Customization
Basic Settings
N Day Average - Number of historical days for comparison (default: 5)
RVol Thresholds - Customize highlight levels (default: 1.2x, 1.5x)
Visual Display Cap - Prevent extreme spikes from compressing view (default: 4.0x)
Advanced Metrics (Toggle On/Off)
Z-Score analysis
Weekly RVol context
OBV divergence detection
Volume percentile ranking
Breakout signal generation
Table Customization
Position - 9 placement options to avoid chart overlap
Size - Tiny to Huge
Colors - Full customization of positive/negative/neutral values
Transparency - Adjustable background
Debug Mode
Enable Pine Logs for calculation transparency
Adjustable log frequency
Real-time calculation breakdown
🔬 Technical Details
Algorithm:
Binary search for historical lookups (O(log n) performance)
Time-zone aware session detection
DST-safe timestamp calculations
Exponentially weighted standard deviation
Anti-repainting architecture
Performance:
Optimized for max_bars_back = 5000
Efficient array management
Built-in function optimization
Memory-conscious data structures
📊 What Makes RVol+ Different?
vs. Standard Volume:
Context-aware (time-of-day matters)
Statistical significance testing
False breakout filtering
vs. Basic RVol:
Z-Score normalization (2-3 sigma detection)
Multi-timeframe confirmation
OBV divergence integration
Sustained volume filtering
Smart visual scaling
vs. Professional Tools:
Free and open-source
Fully customizable
No black-box algorithms
Educational debug logs
💡 Best Practices
Wait for Confirmation - Don't enter on first bar; wait for sustained volume ✓
Combine with Price Action - RVol validates, price structure determines entry
Weekly Context Matters - Blue background = institutional interest
Z-Score is King - Focus on ⚡ alerts for highest probability
Avoid Low Volume Breakouts - Red ⚠️ labels = high failure risk
🎓 Trading Psychology
Volume precedes price. When RVol+ shows:
High RVol + Rising OBV = Accumulation before breakout
High RVol at Resistance = Test of conviction
Low RVol on Breakout = Retail-driven (fade candidate)
Z-Score > 3 = Potential "whale" positioning
📝 Credits
Based on the time-based RVol concept from /u/HurlTeaInTheSea, enhanced with:
Statistical analysis (z-scores, percentiles)
Multi-timeframe integration
OBV divergence detection
Professional-grade visualization
Swing trading optimization
🔧 Version History
v2.0 - Enhanced Edition
Added Z-Score analysis
Multi-timeframe volume context
OBV divergence detection
Breakout confirmation system
Smart color coding
Customizable stats table
Debug logging mode
Performance optimizations
📚 Learn More
For optimal use with swing trading:
Combine with support/resistance levels
Watch for volume clusters in consolidation
Use weekly timeframe for trend confirmation
Monitor OBV divergence for early warnings
⚠️ Disclaimer
This indicator is for educational purposes. Volume analysis is one component of trading decisions. Always use proper risk management, consider multiple timeframes, and validate signals with price structure. Past performance does not guarantee future results.
🚀 Getting Started
Add indicator to chart
Adjust "N Day Average" to your preference (5-10 days typical)
Position stats table to avoid overlap
Enable features you want to monitor
Watch for 🚀 breakout confirmations!
Happy Trading! 📈
EMA Percentile Rank [SS]Hello!
Excited to release my EMA percentile Rank indicator!
What this indicator does
Plots an EMA and colors it by short-term trend.
When price crosses the EMA (up or down) and remains on that side for three subsequent bars, the cross is “confirmed.”
At the moment of the most recent cross, it anchors a reference price to the crossover point to ensure static price targets.
It measures the historical distance between price and the EMA over a lookback window, separately for bars above and below the EMA.
It computes percentile distances (25%, 50%, 85%, 95%, 99%) and draws target bands above/below the anchor.
Essentially what this indicator does, is it converts the raw “distance from EMA” behavior into probabilistic bands and historical hit rates you can use for targets, stop placement, or mean-reversion/continuation decisions.
Indicator Inputs
EMA length: Default is 21 but you can use any EMA you prefer.
Lookback: Default window is 500, this is length that the percentiles are calculated. You can increase or decrease it according to your preference and performance.
Show Accumulation Table: This allows you to see the table that shows the hits/price accumulation of each of the percentile ranges. UCL means upper confidence and LCL means lower confidence (so upper and lower targets).
About Percentiles
A percentile is a way of expressing the position of a value within a dataset relative to all the other values.
It tells you what percentage of the data points fall at or below that value.
For example:
The 25th percentile means 25% of the values are less than or equal to it.
The 50th percentile (also called the median) means half the values are below it and half are above.
The 99th percentile means only 1% of the values are higher.
Percentiles are useful because they turn raw measurements into context — showing how “extreme” or “typical” a value is compared to historical behavior.
In the EMA Percentile Rank indicator, this concept is applied to the distance between price and the EMA. By calculating percentile distances, the script can mark levels that have historically been reached often (low percentiles) or rarely (high percentiles), helping traders gauge whether current price action is stretched or within normal bounds.
Use Cases
The EMA Percentile Rank indicator is best suited for traders who want to quantify how far price has historically moved away from its EMA and use that context to guide decision-making.
One strong use case is target setting after trend shifts: when a confirmed crossover occurs, the percentile bands (25%, 50%, 85%, 95%, 99%) provide statistically grounded levels for scaling out profits or placing stops, based on how often price has historically reached those distances. This makes it valuable for traders who prefer data-driven risk/reward planning instead of arbitrary point targets. Another use case is identifying stretched conditions — if price rapidly tags the 95% or 99% band after a cross, that’s an unusually large move relative to history, which could signal exhaustion and prompt mean-reversion trades or protective actions.
Conversely, if the accumulation table shows price frequently resides in upper bands after bullish crosses, traders may anticipate continuation and hold positions longer . The indicator is also effective as a trend filter when combined with its EMA color-coding : only taking trades in the trend’s direction and using the bands as dynamic profit zones.
Additionally, it can support multi-timeframe confluence (if you align your chart to the timeframes of interest), where higher-timeframe trend direction aligns with lower-timeframe percentile behavior for higher-probability setups. Swing traders can use it to frame pullbacks — entering near lower percentile bands during an uptrend — while intraday traders might use it to fade extremes or ride breakouts past the median band. Because the anchor price resets only on EMA crosses, the indicator preserves a consistent reference for ongoing trades, which is especially helpful for managing swing positions through noise .
Overall, its strength lies in transforming raw EMA distance data into actionable, probability-weighted levels that adapt to the instrument’s own volatility and tendencies .
Summary
This indicator transforms a simple EMA into a distribution-aware framework: it learns how far price tends to travel relative to the EMA on either side, and turns those excursions into percentile bands and historical hit rates anchored to the most recent cross. That makes it a flexible tool for targets, stops, and regime filtering, and a transparent way to reason about “how stretched is stretched?”—with context from your chosen market and timeframe.
I hope you all enjoy!
And as always, safe trades!
Quarterly Theory —Q1,Q2,Q3,Q4The Quarterly Theory Indicator is a trading tool designed to visualize the natural time-based cycles of the market, based on the principles of Quarterly Theory, popularized by the Inner Circle Trader (ICT). The indicator divides market sessions into four equal “quarters” to help traders identify potential accumulation, manipulation, and distribution phases (AMD model) and improve the timing of entries and exits.
Key Features:
Quarter Divisions (Q1–Q4):
Each market session (e.g., NY AM, London, Asia) is divided into four quarters.
Vertical lines mark the beginning of each quarter, making it easy to track session structure.
Optional labels show Q1, Q2, Q3, and Q4 directly on the chart.
True Open (Q2 Open):
The True Open is the opening price of Q2, considered a key reference point in Quarterly Theory.
A horizontal red line is drawn at the True Open price with a label showing the exact value.
This line helps traders filter bullish and bearish setups:
Buy below the True Open if the market is bullish.
Sell above the True Open if the market is bearish.
Session Awareness:
The indicator can automatically detect market sessions and reset lines and labels for each new session.
Ensures that only the current session’s True Open and quarter lines are displayed, reducing chart clutter.
Timeframe Flexibility:
Works on any chart timeframe (1-minute to daily).
Maintains accurate alignment of quarters and True Open regardless of the timeframe used.
Purpose of Quarterly Theory:
Quarterly Theory is based on the idea that market behavior is fractal and time-driven. By dividing sessions into four quarters, traders can anticipate potential market phases:
Q1: Initial price discovery and setup for the session.
Q2: Accumulation or manipulation phase, where the True Open is established.
Q3: Manipulation or Judas Swing phase designed to trap traders.
Q4: Distribution or trend continuation/reversal.
By visualizing these quarters and the True Open, traders can reduce ambiguity, identify high-probability setups, and improve their timing in line with the ICT AMD (Accumulation, Manipulation, Distribution) framework.
Extended CANSLIM Indicator❖ Extended CANSLIM Indicator.
The Extended CANSLIM indicator is an indicator that concentrates all the tools usually used by CANSLIM traders.
It shows a table where all the stock fundamental information is shown at once first for the last quarter and then up to 5 years back.
The fundamental data is checked against well known CANSLIM validation criteria and is shown over 4 state levels.
1. Good = Value is CANSLIM Compliant.
2. Acceptable = Value is not CANSLIM compliant but still good. value is shown with a lighter background color.
3. Warning = Value deserves special attention. Value is shown over orange background color.
3. Stop = Value is non CANSLIM compliant or indicates a stop trading condition. Value is shown over red background color.
The indicator has also a set of technical tools calculated on price or index and shown directly on the chart.
❖ Fundamental data shown in the table.
The table is arranged in 4 sets of data:
1. Table Header, showing Indicator and Company data.
2. CANSLIM.
3. 3Rs: RS Rating, Revenue and ROE.
4. Extra Data: Piotroski score, ATR, Trend Days, D to E, Avg Vol and Vol today.
Sets 3 and 4 can be hidden from the table.
❖ Indicator and Compay Data.
The table header shows, Indicator name and version.
It then displays Company Name, sector and industry, human size and its capitalization.
❖ CANSLIM Data.
Displays either genuine CANSLIM data from TradinView or custom data as best effort when that data cannot be obtained in TV.
C = EPS diluted growth, Quarterly YoY.
>= 25% = Good, >= 0% = Acceptable, < 0% = Stop
A = EPS diluted growth, Annual YoY.
>= 25% = Good, >= 0% = Acceptable, < 0% = Stop
N = New High as best effort (Cust).
Always Good
S = Float shares as best effort.
Always Good
L = One year performance relative to S&P 500 (Cust),
Positive : 0% .. 50% = Neutral, 50%+ = Leader, 80%+ = Leader+, 100%+ = Leader++
Negative : 0% .. -10% = Laggard, -10% .. -30% = Laggard+, -30%+ = Laggard++
>= 50% = Good, >= 0% = Acceptable, >= -10% Warning, < -10% = Stop
I = Accumulation/Distribution days over last 25 days as a clue for institutional support (Cust).
A delta is calculated by subtracting Distribution to Accumulation days.
> 0 = Good, = 0 = Acceptable, < 0 = Warning, < -5 = Stop
M = Market direction and exposure measured on S&500 closing between averages (Cust).
Varies from 0% Full Bear to 100% Full Bull
>= 80% = Good, >= 60% = Acceptable, >= 40% = Warning, < 40% = Stop
❖ Extra non CANSLIM Data.
RS = RS Rating.
>= 90 = Good, >= 80 = Accept, >= 50 = Warning, < 50 = Stop
Rev. = Revenue Growth Quarterly YoY.
>= 0% = Good, <0% = Stop
ROE = Return on Equity, Quarterly YoY.
>= 17% = Good, >= 0% = Acceptable, < 0% = Stop
Piotr. = Piotroski Score, www.investopedia.com (TV)
>= 7 = Good, >= 4 = Acceptable, < 4 = Stop
ATR = Average True Range over the last 20 days (Cust).
0% - 2% = Acceptable, 2% - 4% = Ideal, 4% - 6% = Warning, 5%+ = Stop.
Trend Days = Days since EMA150 is over EMA200 (Cust).
Always Good
D. to E. = Days left before Earnings. Maybe not a good idea buying just before earnings (Cust).
>= 28 = Good, >= 21 = Acceptable, >= 14 = Warning, < 14 = Stop
Avg Vol. = 50d Average Volume (Cust).
>= 100K = Good, < 100K = Acceptable
Vol. Today = Today's percentage volume compared to 50d average (Cust).
Always Good.
❖ Historical Data.
Optionally selectable historical data can be displayed for C, A, Revenue and ROE up to 20 quarters if available.
Quarterly numbers can also be displayed for A, C and Revenue.
Information can be shown in Chronological or Reverse Chronological order (default).
Increasing growth quarters are shown in white, while diminuing ones are shown in Yellow.
Transition from Losing to Profitable quarters are shown with an exclamation mark ‘!’
Finally, losing quarters are shown between parenthesis.
❖ MAs on chart.
Displays 200, 100, 50 and 20 days MAs on chart.
The MAs are also automatically scaled in the 1W time frame.
❖ New 52 Week High on chart.
A sun is shown on the chart the first time that a new 52 week high is reached.
The N cell shows a filled sun when a 52 week high is no older than a month, an lighter sun when it’s no older than a quarter or a moon otherwise.
❖ Pocket Pivots on chart.
Small triangles below the price are signaling pocket pivots.
❖ Bases on chart, formerly Darvas Boxes.
Draw bases as defined by Darvas boxes, both top or bottom of bases can be selected to be shown in order to only show resistance or support.
❖ Market exposure/direction indicator.
When charting S&P500 (SPX), Nasdaq 100 Index (NDX), Nasdaq composite (IXIC) or Dow Jownes Index (DJIA), the indicator switches to Market Exposure indicator, showing also Accumulation/Distribution days when volume information is available. This indication which varies from 0% to 100% is what is shown under the M letter in the CANSLIM table which is calculated on the S&P500.
❖ Follow Through Days indicator.
If you are an adept of the Low-cheat entry, then you will be highly interested by the Follow Through days indicator as measured in the S&P 500 and shown as diamonds on the chart.
The follow-through days are calculated on S&P500 but shown in current stock chart so you don’t need to chart the S&P 500 to know that a follow through day occurred.
Follow Through days show correctly on Daily time frame and most are also shown on the Weekly time frame as well.
They are also classified according to the market zone in which they occur:
0%-5% from peak = Pullback : FT day is not shown.
5%-10% from peak = Minor Correction : Minor FT days is shown.
10%-20% from peak = Correction : Intermediate FT days us shown
20+% from peak = Bear Market : Makor FT days is shown
❖ RS Line and Rating indicator.
A RS Line and Rating indicator can be added to the chart.
Relative Strength Rating Accuracy.
Please note that the RS Rating is not 100% accurate when compared to IBD values.
❖ Earning Line indicator.
An Earning Line indicator can be added to the chart.
❖ ATR Bands and ATR Trade calculator.
The motivation for this calculator came from my own need to enter trades on volatile stocks where the simple 7% Stop Loss rule doest not work.
It simply calculates the number of shares you can buy at any moment based on current stock price and using the lower ATR band as a stop loss.
A few words about the ATR Bands.
On this indicator the ATR bands are not drawn as a classical channel that follows the price.
The lower band is drawn as a support until it’s broken on a closing basis. It can’t be in a down trend.
The upper band is drawn as a resistance until it’s broken on a closing basis. It can’t be in an up trend.
The idea is that when price starts to fall down from a peak, it should not violate its lower band ATR and that means that we can use that level as a Stop Loss.
You must look back for the stock volatility and find out which ATR multiplier works well meaning that the ATR bands are not violated on normal pullbacks. By default, the indicator uses 5x multiplier.
❖ Extra things, visual features and default settings.
The first square cell of current quarter displays a check mark ‘V’ if the CANSLIM criteria is OK or acceptable or a cross ‘X’ otherwise.
The first square cell of historical C and Rev show respectively the count of last consecutive positive quarters.
There are different color themes from “Forest” to “Space” you can chose from to best fit your eyes.
You also have different table sizes going from “Micro” to “Huge” for better adjustment to the size of your display.
The default settings view show: Pocket Pivots, FT Days, MA50, RS Line and ATR Bands.
That's all, Enjoy!
Linh's Anomaly Radar v2What this script does
It’s an event detector for price/volume anomalies that often precede or confirm moves.
It watches a bunch of patterns (Wyckoff tests, squeezes, failed breakouts, turnover bursts, etc.), applies robust z-scores, optional trend filters, cooldowns (to avoid spam), and then fires:
A shape/label on the bar,
A row in the mini panel (top-right),
A ready-made alertcondition you can hook into.
How to add & set up (TradingView)
Paste the script → Save → Add to chart on Daily first (works on any TF).
Open Settings → Inputs:
General
• Use Robust Z (MAD): more outlier-resistant; keep on.
• Z Lookback: 60 bars is ~3 months; bump to 120 for slower regimes.
• Cooldown: min bars to wait before the same signal can fire again (default 5).
• Use trend filter: if on, “bullish” signals only fire above SMA(tfLen), “bearish” below.
Thresholds: fine-tune sensitivity (defaults are sane).
To create alerts: Right-click chart → Add alert
Condition: Linh’s Anomaly Radar v2 → choose a specific signal or Composite (Σ).
Options: “Once per bar close” (recommended).
Customize message if you want ticker/timeframe in your phone push.
The mini panel (top-right)
Signal column: short code (see cheat sheet below).
Fired column: a dot “•” means that on the latest bar this signal fired.
Score (right column): total count of signals that fired this bar.
Σ≥N shows your composite threshold (how many must fire to trigger the “Composite” alert).
Shapes & codes (what’s what)
Code Name (category) What it’s looking for Why it matters
STL Stealth Volume z(volume)>5 & ** z(return)
EVR Effort vs Result squeeze z(vol)>3 & z(TR)<−0.5 Heavy effort, tiny spread → absorption
TGV Tight+Heavy (HL/ATR)<0.6 & z(vol)>3 Tight bar + heavy tape → pro activity
CLS Accumulation cluster ≥3 of last 5 bars: up, vol↑, close near high Classic accumulation footprint
GAP Open drive failure Big gap not filled (≥80%) & vol↑ One-sided open stalls → fade risk
BB↑ BB squeeze breakout Squeeze (z(BBWidth)<−1.3) → close > upperBB & vol↑ Regime shift with confirmation
ER↑ Effort→Result inversion Down day on vol then next bar > prior high Demand overwhelms supply
OBV OBV divergence OBV slope up & ** z(ret20)
WER Wide Effort, Opposite Result z(vol)>3, close+1 Selling into strength / distribution
NS No-Supply (Wyckoff) Down bar, HL<0.6·ATR, vol << avg Sellers absent into weakness
ND No-Demand (Wyckoff) Up bar, HL<0.6·ATR, vol << avg Buyers absent into strength
VAC Liquidity Vacuum z(vol)<−1.5 & ** z(ret)
UTD UTAD (failed breakout) Breaks swing-high, closes back below, vol↑ Stop-run, reversal risk
SPR Spring (failed breakdown) Breaks swing-low, closes back above, vol↑ Bear trap, reversal risk
PIV Pocket Pivot Up bar; vol > max down-vol in lookback Quiet base → sudden demand
NR7 Narrow Range 7 + Vol HL is 7-bar low & z(vol)>2 Coiled spring with participation
52W 52-wk breakout quality New 52-wk close high + squeeze + vol↑ High-quality breakouts
VvK Vol-of-Vol kink z(ATR20,200)>0.5 & z(ATR5,60)<0 Long-vol wakes up, short-vol compresses
TAC Turnover acceleration SMA3 vol / SMA20 vol > 1.8 & muted return Participation surging before move
RBd RSI Bullish div Price LL, RSI HL, vol z>1 Exhaustion of sellers
RS↑ RSI Bearish div Price HH, RSI LH, vol z>1 Exhaustion of buyers
Σ Composite Count of all fired signals ≥ threshold High-conviction bar
Placement:
Triangles up (below bar) → bullish-leaning events.
Triangles down (above bar) → bearish-leaning events.
Circles → neutral context (VAC, VvK, Composite).
Key inputs (quick reference)
General
Use Robust Z (MAD): keep on for noisy tickers.
Z Lookback (lenZ): 60 default; 120 if you want fewer alerts.
Trend filter: when on, bullish signals require close > SMA(tfLen), bearish require <.
Cooldown: prevents repeated firing of the same signal within N bars.
Phase-1 thresholds (core)
Stealth: vol z > 5, |ret z| < 1.
EVR: vol z > 3, TR z < −0.5.
Tight+Heavy: (HL/ATR) < 0.6, vol z > 3.
Cluster: window=5, min=3 strong bars.
GapFail: gap/ATR ≥1.5, fill <80%, vol z > 2.
BB Squeeze: z(BBWidth)<−1.3 then breakout with vol z > 2.
Eff→Res Up: prev bar heavy down → current bar > prior high.
OBV Div: OBV uptrend + |z(ret20)|<0.3.
Phase-2 thresholds (extras)
WER: vol z > 3, close1.
No-Supply/No-Demand: tight bar & very light volume vs SMA20.
Vacuum: vol z < −1.5, |ret z|>1.5.
UTAD/Spring: swing lookback N (default 20), vol z > 2.
Pocket Pivot: lookback for prior down-vol max (default 10).
NR7: 7-bar narrowest range + vol z > 2.
52W Quality: new 52-wk high + squeeze + vol z > 2.
VoV Kink: z(ATR20,200)>0.5 AND z(ATR5,60)<0.
Turnover Accel: SMA3/SMA20 > 1.8 and |ret z|<1.
RSI Divergences: compare to n bars back (default 14).
How to use it (playbooks)
A) Daily scan workflow
Run on Daily for your VN watchlist.
Turn Composite (Σ) alert on with Σ≥2 or ≥3 to reduce noise.
When a bar fires Σ (or a fav combo like STL + BB↑), drop to 60-min to time entries.
B) Breakout quality check
Look for 52W together with BB↑, TAC, and OBV.
If WER/ND appear near highs → downgrade the breakout.
C) Spring/UTAD reversals
If SPR fires near major support and RBd confirms → long bias with stop below spring low.
If UTD + WER/RS↑ near resistance → short/fade with stop above UTAD high.
D) Accumulation basing
During bases, you want CLS, OBV, TGV, STL, NR7.
A pocket pivot (PIV) can be your early add; manage risk below base lows.
Tuning tips
Too many signals? Raise stealthVolZ to 5.5–6, evrVolZ to 3.5, use Σ≥3.
Fast movers? Lower bbwZthr to −1.0 (less strict squeeze), keep trend filter on.
Illiquid tickers? Keep MAD z-scores on, increase lookbacks (e.g., lenZ=120).
Limitations & good habits
First lenZ bars on a new symbol are less reliable (incomplete z-window).
Some ideas (VWAP magnet, close auction spikes, ETF/foreign flows, options skew) need intraday/external feeds — not included here.
Pine can’t “screen” across the whole market; set alerts or cycle your watchlist.
Quick troubleshooting
Compilation errors: make sure you’re on Pine v6; don’t nest functions in if blocks; each var int must be declared on its own line.
No shapes firing: check trend filter (maybe price is below SMA and you’re waiting for bullish signals), and verify thresholds aren’t too strict.
VN30 Effort-vs-Result Multi-Scanner — LinhVN30 Effort-vs-Result Multi-Scanner (Pine v5)
Cross-section scanner for Vietnam’s VN30 stocks that surfaces Effort vs Result footprints and related accumulation/distribution and volatility tells. It renders a ranked table (Top-N) with per-ticker signals and key metrics.
What it does
Scans up to 30 tickers (editable input.symbol slots) using one security() call per symbol → stays under Pine’s 40-call limit and runs reliably on any chart.
Scores each ticker by counting active signals, then ranks and lists the top names.
Optional metrics columns: zVol(60), zTR(60), ATR(20), HL/ATR(20).
Signals (toggleable)
Price/Volume – Effort vs Result
EVR Squeeze (stealth): z(Vol,60) > 4 & z(TR,60) < −0.5
5σ Vol, ≤1σ Ret: z(Vol,60) > 5 & |z(Return,60)| < 1
Wide Effort, Opposite Result: z(Vol,60) > 3 & close < open & z(CLV×Vol,60) > 1
Spread Compression, Heavy Tape: (H−L)/ATR(20) < 0.6 & z(Vol,60) > 3
No-Supply / No-Demand: close < close & range < 0.6×ATR(20) & vol < 0.5×SMA(20)
Momentum & Volatility
Vol-of-Vol Kink: z(ATR20,200) rising & z(ATR5,60) falling
BB Squeeze → Expansion: BBWidth(20) in low regime (z<−1.3) then close > upper band & z(Vol,60) > 2
RSI Non-Confirmation: Price LL/HH with RSI HL/LH & z(Vol,60) > 1
Accumulation/Distribution
OBV Divergence w/ Flat Price: OBV slope > 0 & |z(ret20,260)| < 0.3
Accumulation Days Cluster: ≥3/5 bars: up close, higher vol, close near high
Effort-Result Inversion (Down): big vol on down day then next day close > prior high
How to use
Set the timeframe (works best on 1D for EOD scans).
Edit the 30 symbol slots to your VN30 constituents.
Choose Top N, toggle Show metrics/Only matches and enable/disable scenarios.
Read the table: Rank, Ticker, (metrics), Score, and comma-separated Signals fired.
Method notes
Z-scores use a population-std estimate; CLV×Vol is used for effort/location.
Rolling counts avoid ta.sum; OBV is computed manually; all logic is Pine v5-safe.
Intraday-only ideas (true VWAP magnets, auction volume, flows, futures/options) are not included—Pine can’t cross-scan those datasets.
Disclaimer: Educational tool, not financial advice. Always confirm signals on the chart and with your process.
BK AK-SILENCER🚨 Introducing BK AK-SILENCER — Volume Footprint Warfare, Right on the Price Bars 🚨
This isn’t a traditional indicator.
This is a tactical weapon — engineered to expose institutional behavior directly in the bar data, using volume logic, CVD divergence, and spike detection to pinpoint who’s really in control of the tape.
No panels. No clutter.
Just silent execution — built directly into price itself.
🔥 Why "SILENCER"?
Because real power moves in silence.
Institutions don’t chase — they build positions quietly, in size, beneath the surface.
BK AK-SILENCER gives you a real-time edge by visually revealing their footprints through color-coded bar behavior, divergence signals, and volume spike alerts — all directly on your chart.
🔹 “AK” honors my mentor A.K., whose training forged my trading discipline.
🔹 “SILENCER” represents the institutional mindset — high impact, low visibility. This tool lets you trade like them: without noise, without hesitation, with deadly clarity.
🧠 What Is BK AK-SILENCER?
A bar-level institutional detection tool, purpose-built to:
✅ Color-code bars based on volume aggression and close-location inside range
✅ Detect real-time bullish and bearish divergences between price and volume delta
✅ Tag volume spikes with a $ symbol to expose potential traps or silent position builds
✅ Overlay VWAP for real-time mean-reversion biasing
No extra windows.
No indicators talking over each other.
Just pure volume-logic weaponry embedded into price.
⚙️ What This Weapon Deploys
🔸 Bar Coloring Logic (Volume Footprint)
🟢 Power Buy = Strong close near highs on elevated volume
🟩 Accumulation = Weak close but still heavy volume
🔴 Power Sell = Strong close near lows on heavy selling
🟥 Distribution / Weakness = Low close without commitment
❗ Extreme Volume Spikes marked with $ — using standard deviation to highlight institutional bursts
🔸 CVD Divergence Detection
→ Tracks cumulative volume delta and compares it to price pivot behavior
Bullish Divergence = Price makes lower lows, CVD makes higher lows → hidden accumulation
Bearish Divergence = Price makes higher highs, CVD makes lower highs → hidden distribution
All plotted directly on bars with triangle markers.
🔸 VWAP Overlay (Optional)
→ Anchored VWAP gives immediate context for intraday bias — above VWAP = demand, below = supply
🎯 How to Use BK AK-SILENCER
🔹 Silent Reversal Detection
Bullish divergence + Power Buy bar + VWAP reclaim = sniper entry
Bearish divergence + Power Sell bar + VWAP rejection = trap confirmation
🔹 Volume-Based Entry Triggers
Look for Power Buy + $ spike after a pullback → watch for quiet reversal
Accumulation colors clustering? Institutions are likely loading silently
🔹 Institutional Trap Warnings
$ spike + red distribution bar at highs = time to exit or flip
Weakness bar below VWAP? Don’t chase the long.
🛡️ Why It Matters
✅ Clean — it integrates into price action, no separate panels
✅ Silent — tracks institutions who build without alerts or indicators
✅ Tactical — no fluff, no lag, just real-time behavior recognition
This tool is ideal for:
🔸 Scalpers reading bar-by-bar
🔸 Intraday swing traders using VWAP and structure
🔸 Professionals who need volume behavior decoded in real-time
🔸 Anyone who wants signal without clutter
🙏 Final Thoughts
This tool isn’t just about trading — it’s about tactical awareness.
🔹 Dedicated to my mentor A.K., whose wisdom runs deep in every logic tree.
🔹 Above all, I give thanks to Gd, the source of clarity, courage, and conviction.
Without Him, even the sharpest system is blind.
With Him, we execute with structure, purpose, and divine alignment.
⚡ No noise. No clutter. No delay. Just raw, silent execution.
🔥 BK AK-SILENCER — Bar-Level Volume Footprint Precision 🔥
Gd bless every step you take in this market.
Trade with clarity, move with intention. 🙏
BTC Transaction Indicator Name: "Bitcoin On-Chain Volume & Dynamic Parabolic Curve Signals"
Purpose:
This indicator is designed for Bitcoin traders and long-term holders. It combines the analysis of Bitcoin's on-chain transaction volume with price action to generate "Whale" and "Bear" signals. Additionally, it features a unique dynamic parabolic curve that acts as a visual support line, adapting its visibility based on price interaction with a key Exponential Moving Average (EMA).
Key Components:
On-Chain Volume Analysis:
Utilizes Estimated Transaction Volume (ETRAV) data from the Bitcoin blockchain.
Calculates fast and slow Simple Moving Averages (SMAs) of this volume.
Identifies volume trends (up/down) and significant volume increases/decreases.
Employs fixed thresholds (2,500,000 for low volume and 25,000,000 for high volume) to define key activity levels, similar to how historical on-chain analysis defined accumulation and distribution zones.
Price Action Analysis:
Calculates fast and slow SMAs of the price.
Detects price trends (up/down), recoveries, and declines based on these price SMAs.
"Whale" and "Bear" Signals:
Whale Signals (Buy-side): Generated when there's an upward volume trend, significant volume increase, and a downward price trend followed by price recovery. These indicate potential accumulation phases.
Bear Signals (Sell-side): Generated when there's a downward volume trend, significant volume decrease, and an upward price trend followed by price decline. These indicate potential distribution phases.
Visuals: Both types of signals are plotted as small, colored circles directly on the price chart, with corresponding text labels ("Whale," "Buy," "Bear," "Sell," "Price Recovering," "Price Declining").
Dynamic Parabolic Curve:
Concept: A green parabolic (exponential) curve that serves as a dynamic visual support line.
Activation: The curve starts drawing automatically only when the price crosses over the EMA 500 (Exponential Moving Average of 500 periods). The curve's starting point is set at a user-defined percentage below the EMA 500 value at that exact crossover point.
Visibility: The curve remains visible and continues its trajectory only as long as the price stays above the EMA 500.
Deactivation: The curve disappears instantly if the price falls below or equals the EMA 500. It will only reappear if the price crosses above the EMA 500 again.
Customization: The curve's steepness (Tasa Crecimiento Curva) and its initial distance from the EMA 500 (Inicio Curva % por debajo de EMA500) are adjustable.
Dynamic Label: A "Parabólico" text label is plotted near the center of the active curve segment, with an adjustable vertical offset to ensure it stays visually appealing below the curve.
What is PLOTTED on the chart:
The small, colored circle signals for Whale/Buy and Bear/Sell activity.
The green dynamic parabolic curve.
What is NOT PLOTTED:
EMA 200, EMA 500 lines (though they are calculated internally for logic).
Raw volume data or volume Moving Averages (these are only used for signal calculation, not plotted).
Ideal for:
Bitcoin traders and investors focused on long-term trends and cycle analysis, who want visual cues for accumulation/distribution phases based on on-chain activity, complemented by a unique, dynamically appearing parabolic support curve.
Important Notes:
Relies on the availability of external on-chain data (QUANDL:BCHAIN) within TradingView.
Functions best on a daily timeframe for optimal on-chain data relevance.
Cycle Composite 3.6 WeightedThe Cycle Composite is a multi-factor market cycle model designed to classify long-term market behavior into distinct phases using normalized and weighted data inputs.
It combines ten key on-chain, dominance, volatility, sentiment, and trend-following metrics into a single composite output. The goal is to provide a clearer understanding of where the market may stand in the broader cycle (e.g., accumulation, early bull, late bull, or euphoria).
This version (3.4) introduces flexible weighting, trend strength markers, and additional context-aware signals such as risk-on confirmations and altseason flags.
Phases Identified:
The model categorizes the market into one of five zones:
Euphoria (> 85)
Late Bull (70 – 85)
Mid Bull (50 – 70)
Early Bull (30 – 50)
Fear (< 30)
Each phase is determined by a smoothed EMA of the weighted composite score.
Data Sources and Metrics Used (10 total):
BTC Dominance (CRYPTOCAP:BTC.D)
Stablecoin Dominance (USDT + USDC average) (inverted for risk-on)
ETH Dominance (CRYPTOCAP:ETH.D)
BBWP (normalized Bollinger Band Width % over 1-year window)
WVF (Williams VIX Fix for volatility spike detection)
NUPL (Net Unrealized Profit/Loss, external source)
CMF (Chaikin Money Flow, smoothed volume accumulation)
CEX Open Interest (custom input from DAO / external source)
Whale Inflows (custom input from whale exchange transfer data)
Google Trends Average (BTC, Crypto, Altcoin terms)
All inputs are normalized over a 200-bar window and combined via weighted averaging, where each weight is user-configurable.
Additional Features:
Phase Labels: Labels are printed only when a new phase is entered.
Bull Continuation Marker: Triangle up when composite makes higher highs and NUPL increases.
Weakening Marker: Triangle down when composite rolls over in Late Bull and NUPL falls.
Risk-On Signal: Green circle appears when CMF and Google Trends are both rising.
Altseason Flag: Orange diamond appears when dominance of "others.d" exceeds BTC.D and ETH.D and composite is above 50.
Background Shading: Each phase is shaded with a semi-transparent background color.
Timeframe-Aware Display: All markers and signals are shown only on weekly timeframe for clarity.
Intended Use:
This script is intended for educational and macro-trend analysis purposes.
It can be used to:
Identify macro cycle position (accumulation, bull phases, euphoria, etc.)
Spot long-term trend continuation or weakening signals
Add context to price action with external on-chain and sentiment data
Time rotation events such as altseason risk
Disclaimer:
This script does not constitute financial advice.
It is intended for informational and research purposes only.
Users should conduct their own due diligence and analysis before making investment decisions.
BTC Growth | AlchimistOfCrypto🌈 BTC Regression Bands & Halvings – Unveiling Bitcoin's Logarithmic Growth Fields 🌈
"The Bitcoin Regression Bands, engineered through advanced logarithmic mathematics, visualizes the probabilistic distribution of Bitcoin's price evolution within a multi-cycle growth paradigm. This indicator employs principles from hyperbolic regression where decay coefficients create mathematical boundaries that define Bitcoin's long-term value progression. Our implementation features algorithmically enhanced rainbow visualization derived from extensive cycle analysis, creating a dynamic representation of Bitcoin's logarithmic growth with adaptive color gradients that highlight critical halving-based phase transitions in the asset's monetary evolution."
📊 Professional Trading Application
The Bitcoin Regression Bands transcends traditional price prediction models with a sophisticated multi-band illumination system that reveals the underlying structure of Bitcoin's monetary evolution. Scientifically calibrated across multiple halving cycles and featuring seamless rainbow visualization, it enables investors to perceive Bitcoin's position within its macro growth trajectory with unprecedented clarity.
- Visual Theming 🎨
Scientifically designed rainbow gradient optimized for cycle pattern recognition:
- Violet-Blue: Lower value accumulation zones with highest mathematical growth potential
- Green: Fair value equilibrium zone representing the regression mean
- Yellow-Orange: Moderate overvaluation regions indicating potential resistance
- Red: Statistical extreme zones indicating mathematical cycle peaks
- Halving Visualization 🔍
- Precise cycle boundaries demarcating Bitcoin's fundamental supply shock events
- Adaptive band spacing based on mathematical cycle progression
- Multiple sub-cycle markers revealing the probabilistic nature of Bitcoin's trajectory
🚀 How to Use
1. Identify Macro Position ⏰: Locate Bitcoin's current price relative to the regression bands
2. Understand Cycle Context 🎚️: Note position within the current halving cycle for time-based analysis
3. Assess Mathematical Value 🌈: Determine potential over/undervaluation based on band location
4. Adjust Investment Strategy 🔎: Modulate position sizing based on mathematical value assessment
5. Identify Cycle Phases ✅: Monitor band transitions to detect accumulation and distribution zones
6. Invest with Precision 🛡️: Utilize lower bands for strategic accumulation, upper bands for strategic reduction
7. Manage Risk Dynamically 🔐: Scale investment allocations based on mathematical cycle positioning
Money Flow Pulse💸 In markets where volatility is cheap and structure is noisy, what matters most isn’t just the move — it’s the effort behind it. Money Flow Pulse (MFP) offers a compact, color-coded readout of real-time conviction by scoring volume-weighted price action on a five-tier scale. It doesn’t try to predict reversals or validate trends. Instead, it reveals the quality of the move in progress: is it fading , driving , exhausting , or hollow ?
🎨 MFP draws from the traditional Money Flow Index (MFI), a volume-enhanced momentum oscillator, but transforms it into a modular “pressure readout” that fits seamlessly into any structural overlay. Rather than oscillating between extremes with little interpretive guidance, MFP discretizes the flow into clean, color-coded regimes ranging from strong inflow (+2) to strong outflow (–2). The result is a responsive diagnostic layer that complements, rather than competes with, tools like ATR and/or On-Balance Volume.
5️⃣ MFP uses a normalized MFI value smoothed over 13 periods and classified into a 5-tier readout of Volume-Driven Conviction :
🍆 Exhaustion Inflow — usually a top or blowoff; not strength, but overdrive (+2)
🥝 Active Inflow — supportive of trend continuation (+1)
🍋 Neutral — chop, coil, or fakeouts (0)
🍑 Selling Intent — weakening structure, possible fade setups (-1)
🍆 Exhaustion Outflow — often signals forced selling or accumulation traps (-2)
🎭 These tiers are not arbitrary. Each one is tuned to reflect real capital behavior across timeframes. For instance, while +1 may support continuation, +2 often precedes exhaustion — especially on the lower timeframes. Similarly, a –1 reading during a pullback suggests sell-side pressure is building, but a shift to –2 may mean capitulation is already underway. The difference between the two can define whether a move is tradable continuation or strategic exhaustion .
🌊 The MFI ROC (Rate of Change) feature can be toggled to become a volatility-aware pulse monitor beneath the derived MFI tier. Instead of scoring direction or structure, ROC reveals how fast conviction is changing — not just where it’s headed, but how hard it's accelerating or decaying. It measures the raw Δ between the current and previous MFI values, exposing bursts of energy, fading pressure, or transitional churn .
🎢 Visually, ROC appears as a low-opacity area fill, anchored to a shared lemon-yellow zero line. When the green swell rises, buying pressure is accelerating; when the red drops, flow is actively deteriorating. A subtle bump may signal early interest — while a steep wave hints at an emotional overreaction. The ROC value itself provides numeric insight alongside the raw MFI score. A reading of +3.50 implies strong upside momentum in the flow — often supporting trend ignition. A score of –6.00 suggests rapid deceleration or full exhaustion — often preceding reversals or failed breakouts.
・ MFI shows you where the flow is
・ ROC tells you how it’s behaving
😎 This blend reveals not just structure or intent — but also urgency . And in flow-based trading, urgency often precedes outcome.
🧩 Divergence isn’t delay — it’s disagreement . One of the most revealing features of MFP is how it exposes momentum dissonance — situations where price and flow part ways. These divergences often front-run pivots , traps , or velocity stalls . Unlike RSI-style divergence, which whispers of exhaustion, MFI divergence signals a breakdown in conviction. The structure may extend — but the effort isn’t there.
・ Price ▲ MFI ▼ → Effortless Markup : Often signals distribution or a grind into liquidity. Without rising MFI, the rally lacks true flow participation — a warning of fragility.
・ Price ▼ MFI ▲ → Absorption or Early Accumulation : Price breaks down, but money keeps flowing in — a hidden bid. Watch for MFI tier shifts or ROC bursts to confirm a reversal.
🏄♂️ These moments don’t require signal overlays or setup hunting. MFP narrates the imbalance. When price breaks structure but flow does not — or vice versa — you’re not seeing trend, you’re seeing disagreement, and that's where edge begins.
💤 MFP is especially effective on intraday charts where volume dislocations matter most. On the 1H or 15m chart, it helps distinguish between breakouts with conviction versus those lacking flow. On higher timeframes, its resolution softens — it becomes more of a drift indicator than a trigger device. That’s by design: MFP prioritizes pulse, not position. It’s not the fire, it’s the heat.
📎 Use MFP in confluence with structural overlays to validate price behavior. A ribbon expansion with rising MFP is real. A compression breakout without +1 flow is "fishy". Watch how MFP behaves near key zones like anchored VWAP, MAs or accumulation pivots. When MFP rises into a +2 and fails to sustain, the reversal isn’t just technical — it’s flow-based.
🪟 MFP doesn’t speak loudly, but it never whispers without reason. It’s the pulse check before action — the breath of the move before the breakout. While it stays visually minimal on the chart, the true power is in the often overlooked Data Window, where traders can read and interpret the score in real time. Once internalized, these values give structure-aware traders a framework for conviction, continuation, or caution.
🛜 MFP doesn’t chase momentum — it confirms conviction. And in markets defined by noise, that signal isn’t just helpful — it’s foundational.
SMT Divergence ICT 02 [TradingFinder] Smart Money Technique SMC🔵 Introduction
SMT Divergence (Smart Money Technique Divergence) is a price action-based trading concept that detects discrepancies in market behavior between two assets that are generally expected to move in the same direction. Rooted in ICT (Inner Circle Trader) methodology, this approach helps traders recognize subtle signs of market manipulation or imbalance, often ahead of traditional indicators.
The core idea behind SMT divergence is simple: when two correlated instruments—such as currency pairs, indices, or assets from the same sector—start forming different swing points (highs or lows), this can reveal a lack of confirmation in the trend. Such divergence is often a precursor to a price reversal or pause in momentum.
This technique works effectively across various markets including Forex, stocks, and cryptocurrencies. It’s particularly valuable when used alongside concepts like liquidity sweeps, market structure breaks (MSBs), or order block identification.
In advanced use cases, Sequential SMT helps uncover patterns of alternating divergences across sessions, often signaling engineered liquidity traps before price reacts.
When combined with the Quarterly Theory—which segments market behavior into Accumulation, Manipulation, Distribution, and Continuation/Reversal phases—traders gain insight not only into where divergence happens, but when it's most likely to be significant within the market cycle.
Bullish SMT :
Bullish SMT Divergence occurs when one asset prints a higher low while the correlated asset forms a lower low. This asymmetry often suggests that the downside move is losing strength, hinting at a potential bullish shift.
Bearish SMT :
Bearish SMT Divergence is formed when one asset creates a higher high, while the second asset fails to confirm by printing a lower high. This typically signals weakening bullish pressure and the possibility of a reversal to the downside.
🔵 How to Use
The SMT Divergence indicator is designed to detect imbalances between two positively correlated assets—such as major currency pairs, indices, or commodities. These divergences often indicate early signs of market inefficiency or smart money manipulation and can help traders anticipate trend shifts with higher precision.
Unlike traditional divergence indicators or earlier versions of this script, this upgraded version does not rely solely on consecutive pivot comparisons. Instead, it dynamically scans all available pivots within the chart to identify divergences at any structural level—major or minor—across the price action. This broader detection method increases the reliability and frequency of meaningful SMT signals.
Moreover, when integrated with Sequential SMT logic, the indicator is capable of identifying multiple divergence sequences across sessions. These sequences often signal engineered liquidity traps and can be mapped within the Quarterly Theory framework, allowing traders to pinpoint not just the presence of divergence but also the phase of the market cycle it appears in (Accumulation, Manipulation, Distribution, or Continuation).
🟣 Bullish SMT Divergence
This signal occurs when the primary asset forms a higher low, while the correlated asset forms a lower low. This pattern implies weakening bearish momentum and a potential shift to the upside.
If the correlated asset breaks its previous low but the primary asset does not, this divergence suggests absorption of selling pressure and possible accumulation by smart money—making it a strong bullish signal, especially when aligned with a favorable market phase (e.g., the end of a manipulation phase in Q2).
🟣 Bearish SMT Divergence
This signal occurs when the primary asset creates a higher high, while the correlated asset forms a lower high. This mismatch indicates fading bullish momentum and a potential reversal to the downside.
If the correlated asset fails to confirm a breakout made by the main asset, the divergence may point to distribution or exhaustion. When seen within Q3 or Q4 phases of the Quarterly Theory, this pattern often precedes sharp declines or fake-outs engineered by smart money
🔵 Settings
⚙️ Logical Settings
Symbol : Choose the secondary asset to compare with the main chart asset (e.g., XAUUSD, US100, GBPUSD).
Pivot Period : Sets the sensitivity of the pivot detection algorithm. A smaller value increases responsiveness to price swings.
Activate Max Pivot Back : When enabled, limits the maximum number of past pivots to be considered for divergence detection.
Max Pivot Back Length : Defines how many past pivots can be used (if the above toggle is active).
Pivot Sync Threshold : The maximum allowed difference (in bars) between pivots of the two assets for them to be compared.
Validity Pivot Length : Defines the time window (in bars) during which a divergence remains valid before it's considered outdated.
🎨 Display Settings
Show Bullish SMT Line : Draws a line connecting the bullish divergence points.
Show Bullish SMT Label : Displays a label on the chart when a bullish divergence is detected.
Bullish Color : Sets the color for bullish SMT markers (label, shape, and line).
Show Bearish SMT Line : Draws a line for bearish divergence.
Show Bearish SMT Label : Displays a label when a bearish SMT divergence is found.
Bearish Color : Sets the color for bearish SMT visual elements.
🔔 Alert Settings
Alert Name : Custom name for the alert messages (used in TradingView’s alert system).
Message Frequency :
All : Every signal triggers an alert.
Once Per Bar : Alerts once per bar regardless of how many signals occur.
Per Bar Close : Only triggers when the bar closes and the signal still exists.
Time Zone Display : Choose the time zone in which alert timestamps are displayed (e.g., UTC).
Bullish SMT Divergence Alert : Enable/disable alerts specifically for bullish signals.
Bearish SMT Divergence Alert : Enable/disable alerts specifically for bearish signals
🔵Conclusion
The SMT Plus indicator offers a refined and powerful approach to detecting smart money behavior through divergence analysis between correlated assets. By removing the limitations of consecutive pivot comparisons and allowing for broader structural detection, it captures more accurate and timely signals that often precede major market moves.
When paired with frameworks like Sequential SMT and the Quarterly Theory, the indicator not only highlights where divergence occurs, but also when in the market cycle it's most likely to matter. Its flexible settings, customizable visuals, and integrated alert system make it suitable for intraday scalpers, swing traders, and even long-term macro analysts.
Whether you're using it as a standalone decision-making tool or combining it with other ICT concepts, SMT Plus gives you an edge in recognizing manipulation, timing reversals, and staying in sync with the real market narrative—not just the chart.
Composite Reversal IndicatorOverview
The "Composite Reversal Indicator" aggregates five technical signals to produce a composite score that ranges from -5 (strongly bearish) to +5 (strongly bullish). These signals come from:
Relative Strength Index (RSI)
Moving Average Convergence Divergence (MACD)
Accumulation/Distribution (A/D)
Volume relative to its moving average
Price proximity to support and resistance levels
Each signal contributes a value of +1 (bullish), -1 (bearish), or 0 (neutral) to the total score. The raw score is plotted as a histogram, and a smoothed version is plotted as a colored line to highlight trends.
Step-by-Step Explanation
1. Customizable Inputs
The indicator starts with user-defined inputs that allow traders to tweak its settings. These inputs include:
RSI: Length (e.g., 14), oversold level (e.g., 30), and overbought level (e.g., 70).
MACD: Fast length (e.g., 12), slow length (e.g., 26), and signal length (e.g., 9).
Volume: Moving average length (e.g., 20) and multipliers for high (e.g., 1.5) and low (e.g., 0.5) volume thresholds.
Price Levels: Period for support and resistance (e.g., 50) and proximity percentage (e.g., 2%).
Score Smoothing: Length for smoothing the score (e.g., 5).
These inputs make the indicator adaptable to different trading styles, assets, or timeframes.
2. Indicator Calculations
The script calculates five key indicators using the input parameters:
RSI: Measures momentum and identifies overbought or oversold conditions.
Formula: rsi = ta.rsi(close, rsi_length)
Example: With a length of 14, it analyzes the past 14 bars of closing prices.
MACD: Tracks trend and momentum using two exponential moving averages (EMAs).
Formula: = ta.macd(close, macd_fast, macd_slow, macd_signal)
Components: MACD line (fast EMA - slow EMA), signal line (EMA of MACD line).
Accumulation/Distribution (A/D): A volume-based indicator showing buying or selling pressure.
Formula: ad = ta.accdist
Reflects cumulative flow based on price and volume.
Volume Moving Average: A simple moving average (SMA) of trading volume.
Formula: vol_ma = ta.sma(volume, vol_ma_length)
Example: A 20-bar SMA smooths volume data.
Support and Resistance Levels: Key price levels based on historical lows and highs.
Formulas:
support = ta.lowest(low, price_level_period)
resistance = ta.highest(high, price_level_period)
Example: Over 50 bars, it finds the lowest low and highest high.
These calculations provide the raw data for generating signals.
3. Signal Generation
Each indicator produces a signal based on specific conditions:
RSI Signal:
+1: RSI < oversold level (e.g., < 30) → potential bullish reversal.
-1: RSI > overbought level (e.g., > 70) → potential bearish reversal.
0: Otherwise.
Logic: Extreme RSI values suggest price may reverse.
MACD Signal:
+1: MACD line > signal line → bullish momentum.
-1: MACD line < signal line → bearish momentum.
0: Equal.
Logic: Crossovers indicate trend shifts.
A/D Signal:
+1: Current A/D > previous A/D → accumulation (bullish).
-1: Current A/D < previous A/D → distribution (bearish).
0: Unchanged.
Logic: Rising A/D shows buying pressure.
Volume Signal:
+1: Volume > high threshold (e.g., 1.5 × volume MA) → strong activity (bullish).
-1: Volume < low threshold (e.g., 0.5 × volume MA) → weak activity (bearish).
0: Otherwise.
Logic: Volume spikes often confirm reversals.
Price Signal:
+1: Close near support (within proximity %, e.g., 2%) → potential bounce.
-1: Close near resistance (within proximity %) → potential rejection.
0: Otherwise.
Logic: Price near key levels signals reversal zones.
4. Composite Score
The raw composite score is the sum of the five signals:
Formula: score = rsi_signal + macd_signal + ad_signal + vol_signal + price_signal
Range: -5 (all signals bearish) to +5 (all signals bullish).
Purpose: Combines multiple perspectives into one number.
5. Smoothed Score
A smoothed version of the score reduces noise:
Formula: score_ma = ta.sma(score, score_ma_length)
Example: With a length of 5, it averages the score over 5 bars.
Purpose: Highlights the trend rather than short-term fluctuations.
6. Visualization
The indicator plots two elements:
Raw Score: A gray histogram showing the composite score per bar.
Style: plot.style_histogram
Color: Gray.
Smoothed Score: A line that changes color:
Green: Score > 0 (bullish).
Red: Score < 0 (bearish).
Gray: Score = 0 (neutral).
Style: plot.style_line, thicker line (e.g., linewidth=2).
These visuals make it easy to spot potential reversals.
How It Works Together
The indicator combines signals from:
RSI: Momentum extremes.
MACD: Trend shifts.
A/D: Buying/selling pressure.
Volume: Confirmation of moves.
Price Levels: Key reversal zones.
By summing these into a composite score, it filters out noise and provides a unified signal. A high positive score (e.g., +3 to +5) suggests a bullish reversal, while a low negative score (e.g., -3 to -5) suggests a bearish reversal. The smoothed score helps traders focus on the trend.
Practical Use
Bullish Reversal: Smoothed score is green and rising → look for buying opportunities.
Bearish Reversal: Smoothed score is red and falling → consider selling or shorting.
Neutral: Score near 0 → wait for clearer signals.
Traders can adjust inputs to suit their strategy, making it versatile for stocks, forex, or crypto.
