*FIBAUS BUY and SELL Trender V2 with AlertsFIBAUS BUY and SELL Trender v2 with ALERTS: Hit me up if you want access.
Always be on the right side of the trade and know where to place the stop loss.
Its a very consistent system allowing for a low risk, high gain trading stratergy. Simply wait for the signal to show as BUY or SELL (LONG or SHORT) and place the order.
SET YOUR ALERTS and WAIT!
Tight stops losses are placed above (Sell/shorts) and below (Buy/Long) orders.
Horizonatal plot lines are to be used as Targets and reversal zones. Green lines are support zones and red lines act as resistance zones.
The Lagging line is the 200 EMA which give me a view of the overall trend of the market and indicates if I should only take Buy or Sell orders. When the 200 is RED, I only sell/short. When it is GREEN, I only Buy/Long.
NB: In trading support and resistance zones interchange. This means that supports can become resistance and resistance can become support zones.
For BTC/XBT, I use 2 hour candles.
Forex, I use 1 hour and 3 hour candles.
For Options I use the 1 hour candles.
Stop Loss stays the same for all types (which is above or below the candle signaling buy or sell.
Hit me up if you want access.
Happy Trading !!
FIBAUS
Tìm kiếm tập lệnh với "stop loss"
*FIBAUS BUY and SELL TrenderFIBAUS BUY and SELL Trender: Always be on the right side of the trade and know where to place the stop loss.
Its a very consistent system allowing for a low risk, high gain trading stratergy. Simply wait for the signal to show as BUY or SELL (LONG or SHORT) and place the order.
Tight stops losses are placed above (Sell/shorts) and below (Buy/Long) orders.
Horizonatal plot lines are to be used as Targets and reversal zones. Green lines are support zones and red lines act as resistance zones.
The Lagging line is the 200 EMA which give me a view of the overall trend of the market and indicates if I should only take Buy or Sell orders. When the 200 is RED, I only sell/short. When it is GREEN, I only Buy/Long.
NB: In trading support and resistance zones interchange. This means that supports can become resistance and resistance can become support zones.
For BTC/XBT, I use 2 hour candles.
Forex, I use 1 hour and 3 hour candles.
For Options I use the 1 hour candles.
Stop Loss stays the same for all types (which is above or below the candle signaling buy or sell.
Hit me up if you want access.
Happy Trading !!
FIBAUS
Trailing % StopTrailing % Stop is a simple Stop Loss indicator which users have to define a % percent rate to trail the price like MOVING STOP LOSS "MOST" Indicator.
The main difference is MOST refers to exponential moving averages although Trail % Stop refers to source price.
Default price of source is CLOSE price which can be optimized by the user.
"What is a Trailing Stop-Loss?
A trailing stop-loss order is a special type of trade order where the stop-loss price is not set at a single, absolute dollar amount, but instead is set at a certain percentage or a certain dollar amount below the market price. A trailing stop-loss is sometime referred to simply as a trailing stop.
How a Trailing Stop-Loss Works
When the price goes up, it drags the trailing stop-loss along with it, but when the price stops going up, the stop-loss price remains at the level it was dragged to.
A trailing stop-loss is a way to automatically protect yourself from an investment's downside while locking in the upside.
For example, you buy Company XYZ for $10. You decide that you don't want to lose more than 5% on your investment, but you want to be able to take advantage of any price increases. You also don't want to have to constantly monitor your trades to lock in gains.
You set a trailing stop on XYZ that orders your broker to automatically sell if the price dips more than 5% below the market price.
The benefits of the trailing stop are two-fold. First, if the stock moves against you, the trailing stop will trigger when XYZ hits $9.50, protecting you from futher downside.
But if the stock goes up to $20, the trigger price for the trailing stop comes up along with it. At a price of $20, the trailing stop will only trigger a sale if the stock drops below $19. This helps you lock in most of the gains from the stock's rally.
In the example, you could also decide you don't want to lose more than $2 on your $10 investment. If the stock goes up to $20, the trailing stop-loss would drag along behind the price and only trigger a sale if the stock falls to $18.
Why a Trailing Stop-Loss Matters
A trailing stop-loss can be good for investors who may not have enough discipline to lock-in gains or cut losses. It removes some of the emotion from the trading process and offers some capital protection automatically.
There are some drawbacks to consider. First, you need to consider your trailing stop percentage or amount very carefully. If you're investing in a particularly volatile stock, you could find the stop level triggered fairly frequently."
Long Short signals and alarms are also included.
™TradeChartist Entry/Exit Indicator™TradeChartist Entry/Exit Indicator is an easy to use indicator that plots very high probability BUY and SELL signals on the chart along with an optional dynamic trigger line for SELL and BUY which can be used as a reference for Stop Loss/ Trailing Stop Loss.
What does the ™TradeChartist Entry/Exit Indicator do?
Plots very high probability BUY and SELL signals on chart
Plots dynamic BUY or SELL trigger lines that can be used to
---------1. Set Stop Loss reference or Trailing Stop Loss.
---------2. Anticipate change in trend/momentum when price breaches the trigger line.
Plots BUY and SELL price lines which are Candle open prices when BUY/SELL signals are posted.
Alert traders when BUY/SELL signal is generated and Trigger for BUY/SELL is breached.
Plots Background vertical Signal break lines at BUYs in green and at SELLs in red.
Plots % Gains based on candle close in real-time and based on candle high for BUY/candle low for SELL on previous candles calculated from the candle open price at BUY/SELL.
Plots RSI colour candles based on user preferred Overbought and Oversold RSI levels from indicator settings.
Paints background colour for BUY and SELL zones which can be changed from indicator settings under Style tab to personalise the chart screen.
What markets can this indicator be used on?
Forex
Stocks
Commodities
Cryptocurrencies
and almost any asset on Trading View
Works really well when there is good volume, volatility or both in the asset observed/traded.
Does this indicator repaint?
No and Yes
Once the confirmed BUY (in green) and SELL (in red) signals are posted after a candle close, it doesn't repaint.
Repainting happens for real time BUY and SELL trigger plots on the current candle as price tries to breach the trigger line.
For confirmed BUY and SELL alerts, use alerts on candle close. Real-time BUY and SELL trigger alerts can also be set.
Does the indicator send alerts when a signal is generated?
Yes, traders can get alerts by setting Trading View alerts for BUY/SELL Signals and BUY/SELL Triggers. For confirmed BUY/SELL alerts, 'Once per bar close' must be used.
Why are there two Signal Generator types in the indicator settings?
The two types of signal generators cater to almost all types of traders and trade types. Some assets perform well with Type 1 and some assets with Type 2. Also some traders prefer Type 1 and some prefer Type 2 based on variation in frequency of signals on the asset observed. Both types can be used along with 'Use Heikin Ashi Candles' from the indicator settings to have more combinations to test on an asset for maximising gains.
Type 1 on GBPUSD 1hr chart
Type 2 on GBPUSD 1hr chart
Type 1 normally works well with most types of assets.
Should the indicator be used on normal candles or Heikin Ashi candles?
The indicator can be used on either of the candle types. If signals from Heikin Ashi chart needs to be plotted on normal chart, just check 'Use Heikin Ashi Candles' from indicator settings. It may not be exact, but very close as it mimics Heikin Ashi chart trend.
Heikin Ashi charts are recommended to spot trends and reversals but they don't reflect real OHLC values in the candles, so BUY/SELL entry price points may not be ideal using Heikin Ashi charts especially when there are gaps in price action (example Stocks, FOREX, Commodities). For real OHLC prices and to know exact price points for entering/exiting trade, use normal candlestick charts. It is purely for this reason Heikin Ashi chart signals can be mimicked on normal candles using 'Use Heikin Ashi Candles' option from settings without having to switch between the two.
It can be seen from the GOLD 1hr charts above (Heikin Ashi on left and normal candlestick chart on right), the indicator mimics signals sensibly (not copy) and doesn't use same entry values as Heikin Ashi chart to aid the trader with practical trade execution.
How do the Trigger Lines work and should they be used?
Trigger for BUY/SELL lines are coded to adapt to bull and bear power in the asset trading environment and helps the trader to anticipate change in trend based on direction of price momentum when enabled from indicator settings (On by default). Traders can use trigger lines as reference for Stop Loss points. For example, when a BUY signal is posted, the 'Trigger for SELL' can be used as initial Stop Loss reference and as price starts going up, the trigger line starts moving up enabling the trader to use it as a trailing stop loss point which helps secure or lock profits as they act as ideal support/resistance lines based on the type of trade too. BUY/SELL Trigger lines can be enabled or disabled from indicator settings 'Inputs' tab.
Also, the trigger lines can alert traders to anticipate change in trend/momentum when price hits them and it helps them take a position, either Long or Short when confirmed BUY/SELL signal is posted. As price tries to breach the trigger lines, they change from 'Trigger to BUY/SELL' to 'BUY/SELL Triggered' as shown below on 1hr Gold chart. This feature is coded purely to signal the trader a potential change in trend/momentum. The trigger lines also act as strong support/resistance so only a confirmed close above them will ensure a High Probability Trade.
It should also be noted that price tends to test the BUY/SELL trigger lines to see if a breach is possible. A rejection at trigger lines could mean trend continuation in the signal direction. Traders could use other trend indicators like Ichimoku cloud, stoch, TRIX etc. to make an informed trade decision here. In the chart below, the 'BUY triggered' label has changed back to 'Trigger for BUY' as price failed to close above it.
What is the use of 'Plot BUY/SELL Price Line'?
Enabling BUY/SELL price line from settings (On by default) plots the price line corresponding to candle open when BUY/SELL signals were posted on the chart by the indicator. Open price is used as it is close to the trigger lines and is a fair reference point for indicator to calculate the gains plot on chart since BUY/SELL signals.
Can trade gains be plotted on chart and how are they calculated?
To show percentage gains on chart, just enable 'Show % Gains on Chart' from indicator settings (Off by default). As explained above, % gains are calculated from BUY/SELL candle Open price to high (for Long trades) or low (for Short trades) and to current candle close (for both Long and Short trades) as it helps see real-time gains from BUY/SELL candle Open price. The % gains are plotted as below.
0 - 0.75% - ↑ in green
0.75-1.5% - 1% in green
1.51-2.5% - 2% in green
2.51-3.5% - 3% in green
3.51-4.5% - 4% in green
4.51-5.5% - 5% in green
5.51-10.5% - 5+% in green
10.51-20% - 10+% in green
20+% - 20+% in green
Down from Entry - ↓ in red
What are RSI Colour Candles?
RSI Colour Candles are visual candle plots in colour (Blue when RSI>60, Yellow when RSI<30 and On by default) that help trades spot RSI levels at a glance visually from the chart in real-time without the need for another indicator on screen. Traders can also choose the source to be used for plotting RSI colour candles from indicator settings input tab and change candle colours from indicator settings style tab. The length for RSI calculation is 14 and works well for almost any trading scenario and cannot be changed from indicator settings. The default overbought RSI is set at 60 as it helps spot momentum increase and big moves happen above 60 RSI. When deciding to sell or buy, RSI can be tuned from settings to spot decent entry or exit. For example, RSI>80 on a red Heikin Ashi candle (blue body and red border) after an uptrend could signal potential sell-off or RSI<30 on a green Heikin Ashi candle (yellow body and green border) after a down trend could signal a good move up. In the example daily chart of RVN-BTC below, RSI>75 on a red Heikin Ashi candle signalled a potential sell off way before the actual SELL signal plot on chart.
What is the use of Signal Break Line Plot and Paint Background options from indicator settings?
Signal break lines can be useful if traders prefer to switch off BUY/SELL signals from indicator settings to show where previous signals were generated. (On by default)
Paint Background is just a nice to have feature that paints the signal zones to personalise the chart screen. (Off by default). The background paint colours can be changed from indicator settings style tab.
4hr SPX chart below showcases the difference when the Signal Break Lines and Background Paint options are used with BUY/SELL signals switched off.
Important Note:
When using this indicator on a chart, check 'Scale Price Chart Only' and 'Auto (Fits Data to Screen)' by clicking on settings wheel on the bottom right under the chart screen as shown below. If not checked, the chart screen will look like one on the left as shown below.
-----------------------------------------------------------------------------------------
This is not a free to use indicator. Get in touch with me if you would like access to the indicator for a 1 day trial before deciding on a paid access for a period of your choice. Monthly, Quarterly, Half-Yearly and 1 Year access available.
-----------------------------------------------------------------------------------------
TrendMaster Pro with Dynamic ATROverview
TrendMaster Pro with Dynamic ATR is a comprehensive trend-following indicator designed for traders seeking to identify entry and exit points in trending markets while incorporating volatility-based risk management. Built on a multi-timeframe Exponential Moving Average (EMA) system, it combines short-term momentum signals with long-term trend filters, enhanced by a Volatility-Adjusted Moving Average (VMA) for confirmation and Average True Range (ATR) for adaptive stop-loss and take-profit levels.
This indicator overlays directly on your chart, providing visual cues for buy/sell signals, dynamic stops/targets, and optional EMA lines. It's ideal for swing trading, day trading, or scalping across various assets like stocks, forex, cryptocurrencies, and commodities. The system emphasizes trend alignment to reduce false signals, with customizable options for trailing mechanisms and filters to suit different market conditions.
Key benefits:
Multi-Timeframe Analysis: Incorporates higher timeframe EMAs for robust trend detection without needing to switch charts.
Volatility Adaptation: Uses ATR for dynamic positioning of stops and targets, helping manage risk in volatile environments.
Flexible Customization: Toggles for displaying EMAs, using trailing stops/targets, and applying VMA filters for entries/exits.
Alert Integration: Built-in alerts for entries, exits, stop breaches, and target hits to automate notifications.
Core Components
The indicator revolves around four EMAs, a VMA, and ATR calculations:
Exponential Moving Averages (EMAs):
Fast EMA (Default: 12 periods): Captures short-term momentum and quick price changes.
Slow EMA (Default: 27 periods): Identifies medium-term trends, providing a smoother view than the Fast EMA.
Stop EMA (Default: 48 periods on 15-minute timeframe): Acts as dynamic support/resistance for risk management and exit signals.
Trend EMA (Default: 288 periods on 5-minute timeframe): Serves as a long-term trend filter to ensure trades align with the overall market direction.
Volatility-Adjusted Moving Average (VMA):
A dynamic moving average that adjusts its sensitivity based on market volatility (using a Directional Movement Index-inspired calculation).
Length: Default 6 periods.
Colored green (uptrend), red (downtrend), or blue (neutral/sideways).
Optionally filters entries and exits to confirm trend direction.
Average True Range (ATR):
Measures volatility over a specified period (Default: 14).
Used to set adaptive stop-loss and take-profit levels.
Multipliers allow customization: Stop (Default: 1.5x ATR), Fixed Target (Default: 3.0x ATR), Trailing Target (Default: 2.0x ATR).
Supports trailing options for stops (based on highest/lowest since entry) and targets (ratcheting with price movement).
Signal Generation
Entry Signals
Buy (Long) Signal: Triggered when the price is above the Trend EMA (bullish alignment) and one of the following occurs:
Price crosses above the Trend EMA.
Price crosses above the Fast EMA, with Fast EMA > Slow EMA > Trend EMA.
Price crosses above the Slow EMA, with Fast EMA > Slow EMA > Trend EMA.
Filtered optionally by VMA being green (uptrend confirmation).
Visual: Green "BUY" label below the bar.
Sell (Short) Signal: Triggered when the price is below the Trend EMA (bearish alignment) and one of the following occurs:
Price crosses below the Trend EMA.
Price crosses below the Fast EMA, with Fast EMA < Slow EMA < Trend EMA.
Price crosses below the Slow EMA, with Fast EMA < Slow EMA < Trend EMA.
Filtered optionally by VMA being red (downtrend confirmation).
Visual: Red "SELL" label above the bar.
Exit Signals
Exit Long: Occurs when the position is active and:
Price crosses below the Stop EMA, or
Price hits the ATR stop-loss (fixed or trailing), or
Price reaches the ATR take-profit (fixed or trailing).
Filtered optionally by VMA > Stop EMA and VMA red (downtrend shift).
Visual: Green "E" label (exit) or "TP" label (if target hit).
Exit Short: Occurs when the position is active and:
Price crosses above the Stop EMA, or
Price hits the ATR stop-loss (fixed or trailing), or
Price reaches the ATR take-profit (fixed or trailing).
Filtered optionally by VMA < Stop EMA and VMA green (uptrend shift).
Visual: Red "E" label (exit) or "TP" label (if target hit).
The indicator tracks only one active position at a time (long or short), resetting on exit. Trailing stops update based on the highest high (long) or lowest low (short) since entry.
Visual Elements
How to Use ?
Setup: Add to your chart and adjust inputs based on your timeframe (e.g., shorter lengths for intraday, longer for swings).
Trading Strategy:
Enter on "BUY" or "SELL" labels when aligned with your broader analysis.
Monitor ATR lines for risk/reward: Aim for targets at least 2x stop distance.
Use trailing options in trending markets to lock in profits; fixed in ranging ones.
Combine with volume or other indicators for confirmation.
Risk Management: Always respect ATR stops to limit losses. Position size based on stop distance (e.g., 1-2% account risk).
Backtesting: Test on historical data to optimize parameters for your asset.
Alerts: Set up notifications for signals via TradingView's alert system. Examples:
"BUY signal triggered"
"EXIT long trade"
"Long ATR target reached on close"
Notes and Limitations
This is not financial advice; use at your own risk and combine with personal analysis.
Performance varies by market conditions—best in trending environments; may whipsaw in sideways markets.
Multi-timeframe requests may cause slight repainting on live charts due to higher TF data.
No repainting on closed bars, but ensure your chart timeframe is compatible with input TFs.
Licensed under Mozilla Public License 2.0. For questions or feedback, contact @MudraMiner.
This indicator empowers traders with a balanced, adaptive system—happy trading! 🚀
ML Compressor Enhanced Trading Indicator# 🤖 ML Enhanced Trading Indicator - Advanced Market Analysis
## 📊 Overview
This is a comprehensive Machine Learning Enhanced Trading Indicator that combines multiple advanced analytical techniques to provide high-probability trading signals. The indicator uses artificial intelligence, pattern recognition, anomaly detection, and traditional technical analysis to identify optimal entry and exit points in the market.
## 🚀 Key Features
### 🧠 **Machine Learning Core**
- **Advanced Pattern Recognition**: Uses cosine similarity, Pearson correlation, and Spearman rank correlation to identify historical patterns
- **AI-Powered Predictions**: Implements multiple correlation methods to forecast price movements
- **Anomaly Detection**: Z-score based detection system for unusual market activities
- **Signal Confidence Scoring**: Reliability assessment for each trading signal
### 📈 **Technical Analysis Integration**
- **Multi-Timeframe RSI Analysis**: 14 and 21-period RSI with oversold/overbought detection
- **MACD Momentum**: Enhanced MACD histogram analysis for trend confirmation
- **Bollinger Bands Position**: Dynamic position tracking within BB channels
- **Volume Analysis**: Spike and dry volume detection with ratio calculations
- **Trend Strength Measurement**: EMA-based trend power analysis
### 🎯 **Perfect Zone Detection**
- **Ideal Buy Zone**: Identifies perfect buying opportunities when 7 conditions align:
- ML Score ≥ 0.60
- Bottom proximity detection
- RSI in 20-35 range
- Volume spike confirmation
- Positive price anomaly
- Bullish pattern match
- Positive MACD momentum
### 📊 **Comprehensive Display Table**
- **Real-time ML Analysis**: Complete breakdown of all indicators
- **Perfect Buy Conditions Tracker**: Visual checklist with completion percentage
- **Performance Metrics**: Win rate tracking and P&L analysis
- **Signal Strength Indicators**: Confidence levels for each signal
## 🔧 **Customizable Parameters**
### **ML Settings**
- **ML Lookback Period**: 20-500 bars (default: 100)
- **Anomaly Threshold**: 1.0-5.0 sensitivity (default: 2.0)
- **Pattern Similarity**: 0.5-0.99 matching threshold (default: 0.80)
- **AI Lookback Period**: 20-200 bars (default: 50)
### **AI Prediction Models**
- **Correlation Methods**: Spearman, Pearson, Cosine Similarity
- **Forecast Length**: 15-250 bars (default: 50)
- **Similarity Type**: Price or %Change analysis
### **Visual Options**
- **Table Position**: Top/Bottom Left/Right positioning
- **Table Size**: Small, Normal, Large options
- **Signal Display**: Toggle buy/sell signals on/off
- **AI Visualization**: Optional prediction paths and ZigZag
## 📋 **How to Use**
### **For Beginners**
1. Add the indicator to your chart
2. Look for "PERFECT BUY" signals in the table
3. Wait for completion percentage ≥ 85% for highest probability trades
4. Use the background color changes as visual confirmation
### **For Advanced Traders**
1. Analyze individual ML components in the detailed table
2. Monitor anomaly detection for unusual market conditions
3. Use pattern confidence levels for trade timing
4. Combine with your existing strategy for confirmation
### **Signal Interpretation**
- **🟢 PERFECT BUY**: All 7 conditions met - highest probability reversal
- **🟡 NEAR BOTTOM**: Close to ideal conditions - monitor closely
- **🔴 NOT READY**: Wait for better setup
- **Strong Buy/Sell Signals**: ML score-based entries with high confidence
## ⚠️ **Important Notes**
### **Risk Management**
- This indicator provides analysis and signals, not guaranteed outcomes
- Always use proper risk management and position sizing
- Consider market conditions and fundamental factors
- Backtest the strategy on your preferred timeframes and assets
### **Best Practices**
- Use multiple timeframe analysis for confirmation
- Combine with support/resistance levels
- Monitor volume confirmation for all signals
- Set appropriate stop-losses and profit targets
### **Performance Tracking**
- The indicator tracks its own performance with win rate calculations
- Monitor the "AI Prediction" accuracy percentage
- Use the P&L tracking to assess signal quality over time
## 🔄 **Updates and Improvements**
This indicator is continuously evolving with:
- Enhanced machine learning algorithms
- Improved pattern recognition capabilities
- Additional correlation methods for better accuracy
- Performance optimization for faster calculations
- New visualization features based on user feedback
## 📚 **Technical Details**
### **Machine Learning Implementation**
- **Pattern Matching**: 20-bar normalized price patterns with historical comparison
- **Correlation Analysis**: Mathematical similarity scoring between current and historical patterns
- **Anomaly Detection**: Statistical Z-score analysis across price, volume, and RSI
- **Signal Weighting**: Multi-factor scoring system with optimized weights
### **Algorithm Components**
1. **Feature Extraction**: Price, volume, momentum, volatility, and trend features
2. **Pattern Recognition**: Historical pattern database with similarity matching
3. **Anomaly Detection**: Multi-dimensional Z-score threshold analysis
4. **Signal Generation**: Weighted scoring system with confidence intervals
5. **Performance Tracking**: Real-time win rate and accuracy monitoring
### **Calculation Methods**
- **Trend Strength**: (EMA8 - EMA21) / EMA21 * 100
- **Volume Ratio**: Current Volume / 20-period SMA Volume
- **BB Position**: (Close - BB_Lower) / (BB_Upper - BB_Lower)
- **Anomaly Score**: Average of normalized Z-scores for price, volume, and RSI
## 🎨 **Visual Elements**
### **Background Colors**
- **Light Green**: Perfect buy zone detected
- **Light Red**: Perfect sell zone detected
- **Light Blue**: Near bottom proximity
- **Green/Red Transparency**: Price anomaly detection
### **Signal Shapes**
- **Green Triangle Up**: Strong buy signal
- **Red Triangle Down**: Strong sell signal
- **Aqua Diamond**: Perfect buy zone entry
- **Purple Diamond**: Perfect sell zone entry
### **Table Information**
- **ML Complete Analysis**: 16 comprehensive metrics
- **Perfect Buy Conditions**: 7-point checklist with status indicators
- **Real-time Values**: Live updating of all calculations
- **Color-coded Status**: Green (good), Yellow (moderate), Red (caution)
## 🔍 **Troubleshooting**
### **Common Issues**
- **Table Not Showing**: Enable "Show ML Table" in settings
- **No Signals Appearing**: Check "Show Buy/Sell Signals" option
- **Performance Issues**: Reduce ML Lookback Period for faster calculation
- **Too Many/Few Signals**: Adjust Anomaly Threshold sensitivity
### **Optimization Tips**
- **For Day Trading**: Use lower timeframes (1m, 5m, 15m) with reduced lookback periods
- **For Swing Trading**: Use higher timeframes (1h, 4h, 1D) with standard settings
- **For Scalping**: Enable only strong signals and reduce pattern similarity threshold
- **For Long-term**: Increase all lookback periods and use daily/weekly timeframes
## 📖 **Disclaimer**
This indicator is for educational and informational purposes only. It should not be considered as financial advice. Trading involves substantial risk of loss and is not suitable for all investors. Past performance does not guarantee future results.
### **Risk Warning**
- All trading involves risk of substantial losses
- Never risk more than you can afford to lose
- This indicator does not guarantee profitable trades
- Always use proper risk management techniques
- Consider consulting with a financial advisor
### **Liability**
The creator of this indicator is not responsible for any losses incurred from its use. Users should thoroughly test and understand the indicator before using it with real money.
### **Feature Requests**
- Suggest improvements through TradingView comments
- Report bugs with detailed descriptions
- Share successful strategies using the indicator
- Contribute to community discussions
## 🏆 **Credits and Acknowledgments**
This indicator builds upon various open-source libraries and mathematical concepts:
- TradingView ZigZag library for visualization
- Statistical correlation methods from academic research
- Machine learning concepts adapted for financial markets
- Community feedback and testing contributions
## 📈 **Performance Metrics**
The indicator includes built-in performance tracking:
- **Win Rate Calculation**: Percentage of profitable signals
- **Signal Accuracy**: ML prediction vs actual price movement
- **Drawdown Tracking**: Current unrealized P&L from last signal
- **Completion Percentage**: How many perfect conditions are met
## 🔬 **Mathematical Foundation**
### **Correlation Calculations**
- **Pearson**: Measures linear correlation between patterns
- **Spearman**: Rank-based correlation for non-linear relationships
- **Cosine Similarity**: Vector-based similarity for pattern matching
### **Statistical Methods**
- **Z-Score**: (Value - Mean) / Standard Deviation
- **Pattern Normalization**: Price / Price
- **Volatility Percentile**: Historical ranking of current volatility
- **Momentum Calculation**: Price change over multiple periods
## 🎯 **Trading Strategies**
### **Conservative Approach**
- Wait for Perfect Buy Zone (85%+ completion)
- Use higher timeframes for confirmation
- Set stop-loss at recent swing low
- Take profits at resistance levels
### **Aggressive Approach**
- Trade on Strong Buy/Sell signals
- Use lower completion thresholds (70%+)
- Tighter stop-losses with faster exits
- Higher position sizes with confirmed trends
### **Hybrid Strategy**
- Combine with other indicators for confirmation
- Use different settings for different market conditions
- Scale in/out based on signal strength
- Adjust parameters based on market volatility
ICT Smart Money Trading Suite [SwissAlgo]ICT/Smart Money Trading Suite - Technical Analysis Indicator
----------------------------------------------------------
OVERVIEW
The ICT/Smart Money Trading Suite is a technical analysis indicator that implements concepts from Inner Circle Trader (ICT) methodology and Smart Money Concepts (SMC).
ICT methodology was developed by Michael J. Huddleston (ICT) and focuses on understanding Institutional market behavior.
Smart Money Concepts builds upon these ideas to analyze how large Financial Institutions and/or Market Makers seem to operate in the markets.
This indicator combines multiple analytical tools into a single package for market structure analysis, imbalance detection, and the observation of institutional order flow.
----------------------------------------------------------
CORE COMPONENTS
Market Structure Analysis:
- External Structure : Major swing highs and lows that define broader price movement (these are the most significant structural points that institutions reference for their positioning and typically require substantial volume and momentum to break)
- Internal Structure : Shorter-term pivots showing micro-trend developments within the External Structure (these internal pivot highs and lows often represent areas where retail traders may be positioned on the wrong side of the market as they frequently form just before major structural breaks or trend continuations, creating liquidity that institutions can utilize)
- Structural Breakout Detection : Identification of structure breaks and potential trend changes ( 'Change of Character' which occurs when the External Structure shifts from bullish to bearish bias or vice-versa indicating a potential major trend reversal, and 'Break of Structure' which happens when price decisively takes out previous significant highs in a bearish trend or previous significant lows in a bullish trend confirming trend continuation or acceleration)
- EMA Cloud : Dynamic support and resistance zones with trend context (additional reference point)
Imbalance Zone Detection:
Fair Value Gaps (FVGs):
Price inefficiencies that occur between candles when sudden price moves create gaps in price delivery
Typically formed when the low of a bullish candle is higher than the high of the candle two periods prior, or when the high of a bearish candle is lower than the low of the candle two periods prior
These gaps represent areas where price moved too quickly without adequate two-way auction process
Institutions may return to fill these inefficiencies at a later time for proper price discovery
The theory suggests that all price ranges should eventually be traded through to complete the auction process
Gaps are automatically removed from the chart when price fully retraces back through the inefficient area
Order Blocks (OBs):
Specific candles that occur immediately before significant market moves and represent institutional decision points
Identified as the last opposing candle before a strong directional move (final bearish candle before major bullish move or final bullish candle before major bearish move)
These candles contain the orders and liquidity that institutions used as a foundation for their market manipulation
Represent areas where large institutional players positioned themselves to move the market significantly
Price may return to these levels to collect additional liquidity or test institutional resolve
The candle's full range (high to low) is considered the active zone where institutional interest may remain
Vector Candle Recovery:
Zones created by high-activity candles that demonstrate unusually large range and volume characteristics
These candles are interpreted as manipulative price pushes designed to hunt liquidity and trigger stop losses
Often used by institutions to induce retail traders into poor positions before reversing direction
Recovery zones represent the full range of these vector candles where price may retrace
The concept assumes that extreme moves often get partially retraced as the market corrects from artificial price displacement
Zones are invalidated when a significant portion of the vector candle range is retraced (typically 50% or more)
Support & Resistance:
Key price zones based on historical price reactions and pivot clustering analysis
Calculated through algorithmic identification of areas where price has repeatedly found buyers (support) or sellers (resistance)
Strength is determined by the number of times price has reacted from these levels and the volume of activity at these zones
Represent psychological and algorithmic reference points where institutional systems are likely to place orders
Create areas of increased probability for price reactions due to concentration of pending orders and decision-making activity
Zones are color-coded based on current price position: green for support (price above), red for resistance (price below), yellow for neutral (price within)
Liquidity Analysis:
- Liquidity Pools : Areas above or below key levels where stop orders may cluster
- Kill Zones : Time-based periods associated with increased market activity
- Daily/Weekly/Monthly Price Levels : Key institutional reference points (price highs/lows)
Vector Candles/Price Manipulation:
Advanced algorithm identifying statistically significant candles using volume delta analysis, range statistics, and persistence scoring.
----------------------------------------------------------
VISUAL INTERPRETATION - DETAILED GUIDE
MARKET STRUCTURE
External Structure (Thick Lines):
- Green thick lines: Major support levels (external lows) that define bullish structure
- Red thick lines: Major resistance levels (external highs) that define bearish structure
- These lines represent significant swing points that institutions may reference
- Lines extend from the swing point and update as the structure evolves
Internal Structure (Thin Lines):
- Green thin lines: Minor support levels showing internal market structure
- Red thin lines: Minor resistance levels showing internal market structure
- More frequent updates than external structure, showing micro-trend changes
Structure Markers:
- Small triangles with "H": External pivot highs (major resistance points)
- Small triangles with "L": External pivot lows (major support points)
- Small dots: Internal pivot points (minor structure without text)
- Markers appear with a 20-bar delay to confirm pivot validity
HIGHS/LOWS LEVELS
Daily Levels (Green Dashed Lines):
- Horizontal dashed lines marking the previous day's high and low
- Updates at the start of each new trading day
- Gradient effect shows historical importance (newer = more opaque)
- Acts as institutional reference points for intraday trading
Weekly Levels (White Dashed Lines):
- Horizontal dashed lines marking the previous week's high and low
- Updates at the start of each new trading week
- Typically more significant than daily levels for swing trading
- Often respected by institutional algorithms
Monthly Levels (Orange Dashed Lines):
- Horizontal dashed lines marking the previous month's high and low
- Updates at the start of each new trading month
- Highest significance levels for long-term institutional positioning
- Major psychological and algorithmic reference points
VECTOR CANDLES
Candle Body Coloring System:
- Lime Green Bodies: Ultra-bullish vector candles (Z-score ≥ 3.0)
- Blue Bodies: Abnormal bullish vector candles (Z-score 2.0-2.99)
- Bright Red Bodies: Ultra-bearish vector candles (Z-score ≥ 3.0)
- Purple Bodies: Abnormal bearish vector candles (Z-score 2.0-2.99)
- Faded Green/Red: Normal market activity candles
Vector Identification Criteria:
- Statistical significance based on range and volume delta
- Persistence scoring (how much directional pressure remained)
- ATR-based absolute detection (candles >2x ATR automatically qualify)
- These candles often precede significant market moves or reversals
EMA CLOUD
Purple Cloud Visualization:
- Central line: 50-period EMA (blue line)
- Upper boundary: EMA + dynamic standard deviation band
- Lower boundary: EMA - dynamic standard deviation band
- Cloud fill: Purple semi-transparent area between boundaries
Interpretation:
- Price above cloud: Bullish bias context
- Price below cloud: Bearish bias context
- Price within cloud: Neutral/transitional zone
- Cloud thickness adapts to market volatility automatically
KILL ZONES
Background Highlighting:
- Yellow background tint during active kill zone periods
- London Session: 08:00-11:00 (UTC+1 time)
- NY Open: 13:00-16:00 (UTC+1 time)
- NY Close: 19:00-21:00 (UTC+1 time)
- Times automatically adjust to the chart timezone
Purpose:
- Highlights periods of typically increased institutional activity
- Times when liquidity hunting and manipulation often occur
- Periods when significant directional moves frequently begin
IMBALANCE ZONES - DETAILED BREAKDOWN
Fair Value Gaps (FVGs):
- Green boxes: Bullish FVGs (gap between bear candle high and bull candle low)
- Red boxes: Bearish FVGs (gap between bull candle high and bear candle low)
- Gray dotted lines: Midpoint of each gap (50% retracement level)
- Text label: "Fair Value Gap" in top-right corner
- Auto-removal: Boxes disappear when the price fills the gap
Order Blocks (OBs):
- Green boxes: Bullish order blocks (demand zones from the last bear candle before bullish vector)
- Red boxes: Bearish order blocks (supply zones from the last bull candle before the bearish vector)
- Gray dotted lines: Midpoint of each order block
- Text label: "OB" in top-right corner
- Invalidation: Boxes removed when price breaks below (bull OB) or above (bear OB)
Vector Candles Recovery Zones:
- Green boxes: Recovery zones after bullish vector candles
- Red boxes: Recovery zones after bearish vector candles
- Gray dotted lines: Midpoint of the vector candle range
- Text label: "Vector Recovery" on the right side
- These mark the full range of significant vector candles where retracements may occur
Support & Resistance Zones:
- Green boxes: Support zones (price currently above the zone)
- Red boxes: Resistance zones (price currently below the zone)
- Yellow boxes: Neutral zones (price within the zone)
- Text labels: "Support", "Resistance", or "Support/Resistance"
- Based on historical pivot clustering and strength analysis
Liquidity Pools:
- Green boxes: Bullish liquidity pools (below recent lows where buy stops cluster)
- Red boxes: Bearish liquidity pools (above recent highs where sell stops cluster)
- Gray dotted lines: Key liquidity level within the pool
- Text label: "Liquidity Pool" on the right side
- Zones where institutional players may hunt stop losses before reversing
----------------------------------------------------------
CALCULATION METHODOLOGY
Vector Candle Algorithm:
- Statistical Analysis using 48-bar lookback period
- Z-score thresholds: 2.0 (abnormal), 3.0 (ultra)
- ATR-based significance filtering
- Volume Delta Integration with lower timeframe analysis
- Persistence scoring based on directional pressure sustainability
- Combined scoring system (delta + range)
- Absolute Vector Detection for candles exceeding 2x ATR
Market Structure Parameters:
- Swing Size: 20-period pivot detection
- Breakout Threshold: 3 consecutive breaks for structure confirmation
- EMA Length: 50-period with dynamic cloud sizing
Fair Value Gap Detection:
- Auto Threshold: Dynamic gap sizing based on asset volatility
- Manual Threshold: User-defined minimum gap percentage
- Mitigation Logic: Automatic removal when price fills gaps
----------------------------------------------------------
TARGET USERS
This indicator is designed for traders who:
- Study Inner Circle Trader concepts
- Apply Smart Money Concepts in their analysis
- Focus on market structure and institutional behavior
- Seek confluence-based trading approaches
- Use higher timeframe bias for decision making
Experience Level: Intermediate to Advanced
Requires understanding of market structure concepts and institutional trading theory.
Recommended Timeframes:
- Analysis: 4H, Daily for market structure context
- Execution: 1H, 15min for entry timing
- Lower timeframes: With higher timeframe alignment
----------------------------------------------------------
CUSTOMIZATION OPTIONS
Display Controls:
- Master toggle for all imbalance zones
- Individual controls for each concept type
- Market structure line visibility
- Kill zone highlighting
- EMA cloud display
Visual Settings:
- Automatic light/dark mode color adaptation
- Adjustable zone transparency levels
- Extension distance controls
- Descriptive text labels
Technical Parameters:
- Vector candle sensitivity thresholds
- Historical analysis lookback periods
- Maximum zone display limits
- Zone invalidation conditions
----------------------------------------------------------
EDUCATIONAL BACKGROUND
Inner Circle Trader (ICT): A trading methodology developed by Michael J. Huddleston that focuses on understanding how institutional traders and market makers operate. The approach emphasizes market structure, liquidity concepts, and timing based on institutional behavior patterns.
Smart Money Concepts (SMC): An evolution of ICT principles that analyzes how large financial institutions move markets. These concepts include order blocks, fair value gaps, liquidity hunting, and market structure shifts.
Both methodologies are based on the premise that understanding institutional trading behavior can provide insights into market direction and timing.
----------------------------------------------------------
IMPORTANT DISCLAIMERS
This indicator is provided for educational and analytical purposes only. It is not financial advice and does not guarantee trading results.
Trading involves substantial risk of loss. Past performance does not indicate future results. Users should thoroughly understand the underlying concepts before applying them to live trading.
The effectiveness of these analytical methods may vary across different market conditions, timeframes, and instruments. Proper risk management and additional analysis are essential.
This indicator is a tool for market analysis, not a complete trading system. Success requires understanding of market principles, risk management, and continuous learning.
Always test analytical approaches thoroughly using historical data and demo accounts before implementing with real capital.
Position Size Calculator with Fees# Position Size Calculator with Portfolio Management - Manual
## Overview
The Position Size Calculator with Portfolio Management is an advanced Pine Script indicator designed to help traders calculate optimal position sizes based on their total portfolio value and risk management strategy. This tool automatically calculates your risk amount based on portfolio allocation percentages and determines the exact position size needed while accounting for trading fees.
## Key Features
- **Portfolio-Based Risk Management**: Calculates risk based on total portfolio value
- **Tiered Risk Allocation**: Separates trading allocation from total portfolio
- **Automatic Trade Direction Detection**: Determines long/short based on entry vs stop loss
- **Fee Integration**: Accounts for trading fees in position size calculations
- **Risk Factor Adjustment**: Allows scaling of position size up or down
- **Visual Display**: Shows all calculations in a clear, color-coded table
- **Automatic Risk Calculation**: No need to manually input risk amount
## Input Parameters
### Total Portfolio ($)
- **Purpose**: The total value of your investment portfolio
- **Default**: 0.0
- **Range**: Any positive value
- **Step**: 0.01
- **Example**: If your total portfolio is worth $100,000, enter 100000
### Trading Portfolio Allocation (%)
- **Purpose**: The percentage of your total portfolio allocated to active trading
- **Default**: 20.0%
- **Range**: 0.0% to 100.0%
- **Step**: 0.01
- **Example**: If you allocate 20% of your portfolio to trading, enter 20
### Risk from Trading (%)
- **Purpose**: The percentage of your trading allocation you're willing to risk per trade
- **Default**: 0.1%
- **Range**: Any positive value
- **Step**: 0.01
- **Example**: If you risk 0.1% of your trading allocation per trade, enter 0.1
### Entry Price ($)
- **Purpose**: The price at which you plan to enter the trade
- **Default**: 0.0
- **Range**: Any positive value
- **Step**: 0.01
### Stop Loss ($)
- **Purpose**: The price at which you will exit if the trade goes against you
- **Default**: 0.0
- **Range**: Any positive value
- **Step**: 0.01
### Risk Factor
- **Purpose**: A multiplier to scale your position size up or down
- **Default**: 1.0 (no scaling)
- **Range**: 0.0 to 10.0
- **Step**: 0.1
- **Examples**:
- 1.0 = Normal position size
- 2.0 = Double the position size
- 0.5 = Half the position size
### Fee (%)
- **Purpose**: The percentage fee charged per transaction
- **Default**: 0.01% (0.01)
- **Range**: 0.0% to 1.0%
- **Step**: 0.001
## How Risk Amount is Calculated
The script automatically calculates your risk amount using this formula:
```
Risk Amount = Total Portfolio × Trading Allocation (%) × Risk % ÷ 10,000
```
### Example Calculation:
- Total Portfolio: $100,000
- Trading Allocation: 20%
- Risk per Trade: 0.1%
**Risk Amount = $100,000 × 20 × 0.1 ÷ 10,000 = $20**
This means you would risk $20 per trade, which is 0.1% of your $20,000 trading allocation.
## Portfolio Structure Example
Let's say you have a $100,000 portfolio:
### Allocation Structure:
- **Total Portfolio**: $100,000
- **Trading Allocation (20%)**: $20,000
- **Long-term Investments (80%)**: $80,000
### Risk Management:
- **Risk per Trade (0.1% of trading)**: $20
- **Maximum trades at risk**: Could theoretically have 1,000 trades before risking entire trading allocation
## How Position Size is Calculated
### Trade Direction Detection
- **Long Trade**: Entry price > Stop loss price
- **Short Trade**: Entry price < Stop loss price
### Position Size Formulas
#### For Long Trades:
```
Position Size = -Risk Factor × Risk Amount / (Stop Loss × (1 - Fee) - Entry Price × (1 + Fee))
```
#### For Short Trades:
```
Position Size = -Risk Factor × Risk Amount / (Entry Price × (1 - Fee) - Stop Loss × (1 + Fee))
```
## Output Display
The indicator displays a comprehensive table with color-coded sections:
### Portfolio Information (Light Blue Background)
- **Portfolio (USD)**: Your total portfolio value
- **Trading Portfolio Allocation (%)**: Percentage allocated to trading
- **Risk as % of Trading**: Risk percentage per trade
### Trade Setup (Gray Background)
- **Entry Price**: Your specified entry price
- **Stop Loss**: Your specified stop loss price
- **Fee (%)**: Trading fee percentage
- **Risk Factor**: Position size multiplier
### Risk Analysis (Red Background)
- **Risk Amount**: Automatically calculated dollar risk
- **Effective Entry**: Actual entry cost including fees
- **Effective Exit**: Actual exit value including fees
- **Expected Loss**: Calculated loss if stop loss is hit
- **Deviation from Risk %**: Accuracy of risk calculation
### Final Result (Blue Background)
- **Position Size**: Number of shares/units to trade
## Usage Examples
### Example 1: Conservative Long Trade
- **Total Portfolio**: $50,000
- **Trading Allocation**: 15%
- **Risk per Trade**: 0.05%
- **Entry Price**: $25.00
- **Stop Loss**: $24.00
- **Risk Factor**: 1.0
- **Fee**: 0.01%
**Calculated Risk Amount**: $50,000 × 15% × 0.05% ÷ 100 = $3.75
### Example 2: Aggressive Short Trade
- **Total Portfolio**: $200,000
- **Trading Allocation**: 30%
- **Risk per Trade**: 0.2%
- **Entry Price**: $150.00
- **Stop Loss**: $155.00
- **Risk Factor**: 2.0
- **Fee**: 0.01%
**Calculated Risk Amount**: $200,000 × 30% × 0.2% ÷ 100 = $120
**Actual Risk**: $120 × 2.0 = $240 (due to risk factor)
## Color Coding System
- **Green/Red Header**: Trade direction (Long/Short)
- **Light Blue**: Portfolio management parameters
- **Gray**: Trade setup parameters
- **Red**: Risk-related calculations and results
- **Blue**: Final position size result
## Best Practices
### Portfolio Management
1. **Keep trading allocation reasonable** (typically 10-30% of total portfolio)
2. **Use conservative risk percentages** (0.05-0.2% per trade)
3. **Don't risk more than you can afford to lose**
### Risk Management
1. **Start with small risk factors** (1.0 or less) until comfortable
2. **Monitor your total exposure** across all open positions
3. **Adjust risk based on market conditions**
### Trade Execution
1. **Always validate calculations** before placing trades
2. **Account for slippage** in volatile markets
3. **Consider position size relative to liquidity**
## Risk Management Guidelines
### Conservative Approach
- Trading Allocation: 10-20%
- Risk per Trade: 0.05-0.1%
- Risk Factor: 0.5-1.0
### Moderate Approach
- Trading Allocation: 20-30%
- Risk per Trade: 0.1-0.15%
- Risk Factor: 1.0-1.5
### Aggressive Approach
- Trading Allocation: 30-40%
- Risk per Trade: 0.15-0.25%
- Risk Factor: 1.5-2.0
## Troubleshooting
### Common Issues
1. **Position Size shows 0**
- Verify all portfolio inputs are greater than 0
- Check that entry price differs from stop loss
- Ensure calculated risk amount is positive
2. **Very small position sizes**
- Increase risk percentage or risk factor
- Check if your risk amount is too small for the price difference
3. **Large risk deviation**
- Normal for very small positions
- Consider adjusting entry/stop loss levels
### Validation Checklist
- Total portfolio value is realistic
- Trading allocation percentage makes sense
- Risk percentage is conservative
- Entry and stop loss prices are valid
- Trade direction matches your intention
## Advanced Features
### Risk Factor Usage
- **Scaling up**: Use risk factors > 1.0 for high-confidence trades
- **Scaling down**: Use risk factors < 1.0 for uncertain trades
- **Never exceed**: Risk factors that would risk more than your comfort level
### Multiple Timeframe Analysis
- Use different risk factors for different timeframes
- Consider correlation between positions
- Adjust trading allocation based on market conditions
## Disclaimer
This tool is for educational and planning purposes only. Always verify calculations manually and consider market conditions, liquidity, and correlation between positions. The automated risk calculation assumes you're comfortable with the mathematical relationship between portfolio allocation and individual trade risk. Past performance doesn't guarantee future results, and all trading involves risk of loss.
Lot Size Calculator (SL Percentage) - Futures ⚠️ IMPORTANT DISCLAIMER
This indicator is provided for educational and informational purposes only. The author assumes no responsibility for any financial losses, code errors, calculation mistakes, or trading decisions based on this tool. Use at your own risk and responsibility. Always manually verify calculations before opening real positions.
Contract size calculations are based on standard full-size futures contracts, not micro contracts (even though micro contracts are supported for identification).
Description
Money management tool for automatic calculation of optimal contract size (lot size) in futures trading. Supports over 50 futures instruments with pre-configured tick sizes and pip values for CME and other exchanges.
Supported Instruments
Currency Futures: 6J, 6E, 6B, 6A, 6C, 6S, 6N
Index Futures: ES, NQ, YM, RTY, MES, MNQ, MYM, M2K, NKD
Energy: CL, NG, HO, RB, QM
Metals: GC, SI, HG, MGC, SIL
Agricultural: ZC, ZS, ZW, HE, LE, ZO, ZR, ZM, ZL
Interest Rates: ZN, ZB, ZT, ZF
Crypto: MBT, MET
Others: VX
Main Parameters
Equity : Total available capital
Risk : Maximum risk percentage per trade
Stop Loss : Percentage distance of stop loss
Risk/Reward Ratio: Ratio to calculate take profit
Entry Price: Entry price (0 = current price)
Stop Loss Modes
Percentage Stop Loss (Use SL in % = ON):
Automatically calculates SL level as percentage from entry price
Example: Entry 100, SL 2% → Long SL at 98, Short SL at 102
Manual Stop Loss (Use SL in % = OFF):
Enter exact stop loss price directly
Greater precision for specific technical levels (support/resistance)
Interactive feature: You can drag the red stop loss line directly on the chart to modify the level in real-time
How to Use
Set equity and risk % according to your trading plan
Choose direction (Long/Short) and stop loss (percentage or price)
Enter entry price (optional)
Read the CONTRACT SIZE in the green table
Verify levels Entry/SL/TP on the graphic lines
Output
Information table with all parameters and highlighted CONTRACT SIZE
Graphic lines: Entry (blue), Stop Loss (red), Take Profit (green)
Configurable alerts with calculated values
Advantages
✅ Automatic calculation of optimal size
✅ Precise tick sizes for each instrument
✅ Systematic risk management
✅ Clear visual interface
✅ Multi-asset support on futures
Warnings
⚠️ Always verify that the instrument is recognized (no orange warning)
⚠️ Manually check calculations before trading
⚠️ Test in demo before using with real money
⚠️ Update regularly for any contract modifications
⚠️ DISCLAIMER IMPORTANTE
Questo indicatore è fornito esclusivamente a scopo educativo e informativo. L'autore non si assume alcuna responsabilità per eventuali perdite finanziarie, errori nel codice, calcoli errati o decisioni di trading basate su questo strumento. L'utilizzo è a proprio rischio e responsabilità. Si raccomanda di verificare sempre manualmente i calcoli prima di aprire posizioni reali.
I calcoli della dimensione del contratto sono basati su contratti futures standard full-size, non micro contratti (anche se i micro contratti sono supportati per l'identificazione).
Descrizione
Strumento di money management per il calcolo automatico della dimensione ottimale del contratto (lot size) nel trading di futures. Supporta oltre 50 strumenti futures con tick size e pip value pre-configurati per mercati CME e altri exchange.
Strumenti Supportati
Currency Futures: 6J, 6E, 6B, 6A, 6C, 6S, 6N
Index Futures: ES, NQ, YM, RTY, MES, MNQ, MYM, M2K, NKD
Energy: CL, NG, HO, RB, QM
Metals: GC, SI, HG, MGC, SIL
Agricultural: ZC, ZS, ZW, HE, LE, ZO, ZR, ZM, ZL
Interest Rates: ZN, ZB, ZT, ZF
Crypto: MBT, MET
Altri: VX
Parametri Principali
Equity : Capitale totale disponibile
Risk : Percentuale massima di rischio per trade
Stop Loss : Distanza percentuale dello stop loss
Risk/Reward Ratio: Rapporto per calcolare il take profit
Entry Price: Prezzo di entrata (0 = prezzo corrente)
Modalità Stop Loss
Stop Loss Percentuale (Use SL in % = ON):
Calcola automaticamente il livello SL come percentuale dal prezzo di entrata
Esempio: Entry 100, SL 2% → SL Long a 98, SL Short a 102
Stop Loss Manuale (Use SL in % = OFF):
Inserisci direttamente il prezzo esatto dello stop loss
Maggiore precisione per livelli tecnici specifici (supporti/resistenze)
Funzione interattiva: Puoi trascinare direttamente la linea rossa dello stop loss sul grafico per modificare il livello in tempo reale
Come Usare
Imposta equity e risk % secondo il tuo piano di trading
Scegli direzione (Long/Short) e stop loss (percentuale o prezzo)
Inserisci entry price (opzionale)
Leggi il CONTRACT SIZE nella tabella verde
Verifica i livelli Entry/SL/TP sulle linee grafiche
Output
Tabella informativa con tutti i parametri e il CONTRACT SIZE evidenziato
Linee grafiche: Entry (blu), Stop Loss (rosso), Take Profit (verde)
Alert configurabile con i valori calcolati
Vantaggi
✅ Calcolo automatico della size ottimale
✅ Tick size precisi per ogni strumento
✅ Risk management sistematico
✅ Interfaccia visiva chiara
✅ Supporto multi-asset su futures
Avvertenze
⚠️ Verifica sempre che lo strumento sia riconosciuto (no warning arancione)
⚠️ Controlla manualmente i calcoli prima di tradare
⚠️ Testa in demo prima dell'uso con denaro reale
⚠️ Aggiorna regolarmente per eventuali modifiche ai contratti
Initial balance - weeklyWeekly Initial Balance (IB) — Indicator Description
The Weekly Initial Balance (IB) is the price range (High–Low) established during the week’s first trading session (most commonly Monday). You can measure it over the entire day or just the first X hours (e.g. 60 or 120 minutes). Once that session ends, the IB High and IB Low define the key levels where the initial weekly range formed.
Why Measure the Weekly IB?
Week-Opening Sentiment:
Monday’s range often sets the tone for the rest of the week. Trading above the IB High signals bullish control; trading below the IB Low signals bearish control.
Key Liquidity Zones:
Large institutions tend to place orders around these extremes, so you’ll frequently see tests, breakouts, or rejections at these levels.
Support & Resistance:
The IB High and IB Low become natural barriers. Price will often return to them, bounce off them, or break through them—ideal spots for entries and exits.
Volatility Forecast:
The width of the IB (High minus Low) indicates whether to expect a volatile week (wide IB) or a quieter one (narrow IB).
Significance of IB Levels
Breakout:
A clear break above the IB High (for longs) or below the IB Low (for shorts) can ignite a strong trending move.
Fade:
A rejection off the IB High/Low during low momentum (e.g. low volume or pin-bar formations) offers a high-probability reversal trade.
Mid-Point:
The 50% level of the IB range often “magnetizes” price back to it, providing entry points for continuation or reversal strategies.
Three Core Monday IB Strategies
A. Breakout (Open-Range Breakout)
Entry: Wait for 1–2 candles (e.g. 5-minute) to close above IB High (long) or below IB Low (short).
Stop-Loss: A few pips below IB High (long) or above IB Low (short).
Profit-Target: 2–3× your risk (Reward:Risk ≥ 2:1).
Best When: You spot a clear impulse—such as a strong pre-open volume spike or news-driven move.
B. Fade (Reversal at Extremes)
Entry: When price tests IB High but shows weakening momentum (shrinking volume, upper-wick candles), enter short; vice versa for IB Low and longs.
Stop-Loss: Just beyond the IB extreme you’re fading.
Profit-Target: Back toward the IB mid-point (50% level) or all the way to the opposite IB extreme.
Best When: Monday’s action is range-bound and lacks a clear directional trend.
C. Mid-Point Trading
Entry: When price returns to the 50% level of the IB range.
In an up-trend: buy if it bounces off mid-point back toward IB High.
In a down-trend: sell if it reverses off mid-point back toward IB Low.
Stop-Loss: Just below the nearest swing-low (for longs) or above the nearest swing-high (for shorts).
Profit-Target: To the corresponding IB extreme (High or Low).
Best When: You see a strong initial move away from the IB, followed by a pullback to the mid-point.
Usage Steps
Configure your session: Measure IB over your chosen Monday timeframe (whole day or first X hours).
Choose your strategy: Align Breakout, Fade, or Mid-Point entries with the current market context (trend vs. range).
Manage risk: Keep risk per trade ≤ 1% of account and maintain at least a 2:1 Reward:Risk ratio.
Backtest & forward-test: Verify performance over multiple Mondays and in a paper-trading environment before going live.
RSI MSB | QuantMAC📊 RSI MSB | QuantMAC
🎯 Overview
The RSI MSB (Momentum Shifting Bands) represents a groundbreaking fusion of traditional RSI analysis with advanced momentum dynamics and adaptive volatility bands. This sophisticated indicator combines RSI smoothing , relative momentum calculations , and dynamic standard deviation bands to create a powerful oscillator that automatically adapts to changing market conditions, providing superior signal accuracy across different trading environments.
🔧 Key Features
Hybrid RSI-Momentum Engine : Proprietary combination of smoothed RSI with relative momentum analysis
Dynamic Adaptive Bands : Self-adjusting volatility bands that respond to indicator strength
Dual Trading Modes : Flexible Long/Short or Long/Cash strategies for different risk preferences
Advanced Performance Analytics : Comprehensive metrics including Sharpe, Sortino, and Omega ratios
Smart Visual System : Dynamic color coding with 9 professional color schemes
Precision Backtesting : Date range filtering with detailed historical performance analysis
Real-time Signal Generation : Clear entry/exit signals with customizable threshold sensitivity
Position Sizing Intelligence : Half Kelly criterion for optimal risk management
📈 How The MSB Technology Work
The Momentum Shifting Bands technology is built on a revolutionary approach that combines multiple signal sources into one cohesive system:
RSI Foundation : 💪
Calculate traditional RSI using customizable length and source
Apply exponential smoothing to reduce noise and false signals
Normalize values for consistent performance across different timeframes
Momentum Analysis Engine : ⚡
Compute fast and slow momentum using rate of change calculations
Calculate relative momentum by comparing fast vs slow momentum
Normalize momentum values to 0-100 scale for consistency
Apply smoothing to create stable momentum readings
Dynamic Combination : 🔄
The genius of MSB lies in its weighted combination of RSI and momentum signals. The momentum weight parameter allows traders to adjust the balance between RSI stability and momentum responsiveness, creating a hybrid indicator that captures both trend continuation and reversal signals.
Adaptive Band System : 🎯
Calculate dynamic standard deviation multiplier based on indicator strength
Generate upper and lower bands that expand during high volatility periods
Create normalized oscillator that scales between band boundaries
Provide visual reference for overbought/oversold conditions
⚙️ Comprehensive Parameter Control
RSI Settings : 📊
RSI Length: Controls the period for RSI calculation (default: 21)
Source: Price input selection (close, open, high, low, etc.)
RSI Smoothing: Reduces noise in RSI calculations (default: 20)
Momentum Settings : 🔥
Fast Momentum Length: Short-term momentum period (default: 19)
Slow Momentum Length: Long-term momentum period (default: 21)
Momentum Weight: Balance between RSI and momentum (default: 0.6)
Oscillator Settings : ⚙️
Base Length: Foundation moving average for band calculations (default: 40)
Standard Deviation Length: Period for volatility measurement (default: 53)
SD Multiplier: Base band width adjustment (default: 0.7)
Oscillator Multiplier: Scaling factor for oscillator values (default: 100)
Signal Thresholds : 🎯
Long Threshold: Bullish signal trigger level (default: 93)
Short Threshold: Bearish signal trigger level (default: 53)
🎨 Advanced Visual System
Main Chart Elements : 📈
Dynamic Shifting Bands: Upper and lower bands with intelligent transparency
Adaptive Fill Zone: Color-coded area between bands showing current market state
Basis Line: Moving average foundation displayed as subtle reference points
Smart Bar Coloring: Candles change color based on oscillator state for instant visual feedback
Oscillator Pane : 📊
Normalized MSB Oscillator: Main signal line with dynamic coloring based on market state
Threshold Lines: Horizontal reference lines for entry/exit levels
Zero Line: Central reference for oscillator neutrality
Color State Indication: Line colors change based on bullish/bearish conditions
📊 Professional Performance Metrics
The built-in analytics suite provides institutional-grade performance measurement:
Net Profit % : Total strategy return percentage
Maximum Drawdown % : Worst peak-to-trough decline
Win Rate % : Percentage of profitable trades
Profit Factor : Ratio of gross profits to gross losses
Sharpe Ratio : Risk-adjusted return measurement
Sortino Ratio : Downside-focused risk adjustment
Omega Ratio : Probability-weighted performance ratio
Half Kelly % : Optimal position sizing recommendation
Total Trades : Complete transaction count
🎯 Strategic Trading Applications
Long/Short Mode : ⚡
Maximizes profit potential by capturing both upward and downward price movements. The MSB technology helps identify when momentum is building in either direction, allowing for optimal position switches between long and short positions.
Long/Cash Mode : 🛡️
Conservative approach ideal for retirement accounts or risk-averse traders. The indicator's adaptive nature helps identify the best times to be invested versus sitting in cash, protecting capital during adverse market conditions.
🚀 Unique Advantages
Traditional Indicators vs RSI MSB :
Static vs Dynamic: While most indicators use fixed parameters, MSB bands adapt based on indicator strength
Single Signal vs Multi-Signal: Combines RSI reliability with momentum responsiveness
Lagging vs Balanced: Optimized balance between signal speed and accuracy
Simple vs Intelligent: Advanced momentum analysis provides superior market insight
💡 Professional Setup Guide
For Day Trading (Short-term) : 📱
RSI Length: 14-18
RSI Smoothing: 12-15
Momentum Weight: 0.7-0.8
Thresholds: Long 90, Short 55
For Swing Trading (Medium-term) : 📊
RSI Length: 21-25 (default range)
RSI Smoothing: 18-22
Momentum Weight: 0.5-0.7
Thresholds: Long 93, Short 53 (defaults)
For Position Trading (Long-term) : 📈
RSI Length: 25-30
RSI Smoothing: 25-30
Momentum Weight: 0.4-0.6
Thresholds: Long 95, Short 50
🧠 Advanced Trading Techniques
MSB Divergence Analysis : 🔍
Watch for divergences between price action and MSB readings. When price makes new highs/lows but the oscillator doesn't confirm, it often signals upcoming reversals or momentum shifts.
Band Width Interpretation : 📏
Expanding Bands: Increasing volatility, expect larger price moves
Contracting Bands: Decreasing volatility, prepare for potential breakouts
Band Touches: Price touching outer bands often signals reversal opportunities
Multi-Timeframe Analysis : ⏰
Use MSB on higher timeframes for trend direction and lower timeframes for precise entry timing. The momentum component makes it particularly effective for timing entries within established trends.
⚠️ Important Risk Disclaimers
Critical Risk Factors :
Market Conditions: No indicator performs equally well in all market environments
Backtesting Limitations: Historical performance may not reflect future market behavior
Parameter Sensitivity: Different settings may produce significantly different results
Volatility Risk: Momentum-based indicators can be sensitive to extreme market conditions
Capital Risk: Always use appropriate position sizing and stop-loss protection
📚 Educational Benefits
This indicator provides exceptional learning opportunities for understanding:
Advanced RSI analysis and momentum integration techniques
Adaptive indicator design and dynamic band calculations
The relationship between momentum shifts and price movements
Professional risk management using Kelly Criterion principles
Modern oscillator interpretation and multi-signal analysis
🔍 Market Applications
The RSI MSB works effectively across various markets:
Forex : Excellent for currency pair momentum analysis
Stocks : Individual equity and index trading with momentum confirmation
Commodities : Adaptive to commodity market momentum cycles
Cryptocurrencies : Handles extreme volatility with momentum filtering
Futures : Professional derivatives trading applications
🔧 Technical Innovation
The RSI MSB represents advanced research into multi-signal technical analysis. The proprietary momentum-RSI combination has been optimized for:
Computational Efficiency : Fast calculation even on high-frequency data
Signal Clarity : Clear, actionable trading signals with reduced noise
Market Adaptability : Automatic adjustment to changing momentum conditions
Parameter Flexibility : Wide range of customization options for different trading styles
🔔 Updates and Evolution
The RSI MSB | QuantMAC continues to evolve with regular updates incorporating the latest research in momentum-based technical analysis. The comprehensive parameter set allows for extensive customization and optimization across different market conditions.
Past Performance Disclaimer : Past performance results shown by this indicator are hypothetical and not indicative of future results. Market conditions change continuously, and no trading system or methodology can guarantee profits or prevent losses. Historical backtesting may not reflect actual trading conditions including market liquidity, slippage, and fees that would affect real trading results.
Master The Markets With Multi-Signal Intelligence! 🎯📈
TitanGrid L/S SuperEngineTitanGrid L/S SuperEngine
Experimental Trend-Aligned Grid Signal Engine for Long & Short Execution
🔹 Overview
TitanGrid is an advanced, real-time signal engine built around a tactical grid structure.
It manages Long and Short trades using trend-aligned entries, layered scaling, and partial exits.
Unlike traditional strategy() -based scripts, TitanGrid runs as an indicator() , but includes its own full internal simulation engine.
This allows it to track capital, equity, PnL, risk exposure, and trade performance bar-by-bar — effectively simulating a custom backtest, while remaining compatible with real-time alert-based execution systems.
The concept was born from the fusion of two prior systems:
Assassin’s Grid (grid-based execution and structure) + Super 8 (trend-filtering, smart capital logic), both developed under the AssassinsGrid framework.
🔹 Disclaimer
This is an experimental tool intended for research, testing, and educational use.
It does not provide guaranteed outcomes and should not be interpreted as financial advice.
Use with demo or simulated accounts before considering live deployment.
🔹 Execution Logic
Trend direction is filtered through a custom SuperTrend engine. Once confirmed:
• Long entries trigger on pullbacks, exiting progressively as price moves up
• Short entries trigger on rallies, exiting as price declines
Grid levels are spaced by configurable percentage width, and entries scale dynamically.
🔹 Stop Loss Mechanism
TitanGrid uses a dual-layer stop system:
• A static stop per entry, placed at a fixed percentage distance matching the grid width
• A trend reversal exit that closes the entire position if price crosses the SuperTrend in the opposite direction
Stops are triggered once per cycle, ensuring predictable and capital-aware behavior.
🔹 Key Features
• Dual-side grid logic (Long-only, Short-only, or Both)
• SuperTrend filtering to enforce directional bias
• Adjustable grid spacing, scaling, and sizing
• Static and dynamic stop-loss logic
• Partial exits and reset conditions
• Webhook-ready alerts (browser-based automation compatible)
• Internal simulation of equity, PnL, fees, and liquidation levels
• Real-time dashboard for full transparency
🔹 Best Use Cases
TitanGrid performs best in structured or mean-reverting environments.
It is especially well-suited to assets with the behavioral profile of ETH — reactive, trend-intraday, and prone to clean pullback formations.
While adaptable to multiple timeframes, it shows strongest performance on the 15-minute chart , offering a balance of signal frequency and directional clarity.
🔹 License
Published under the Mozilla Public License 2.0 .
You are free to study, adapt, and extend this script.
🔹 Panel Reference
The real-time dashboard displays performance metrics, capital state, and position behavior:
• Asset Type – Automatically detects the instrument class (e.g., Crypto, Stock, Forex) from symbol metadata
• Equity – Total simulated capital: realized PnL + floating PnL + remaining cash
• Available Cash – Capital not currently allocated to any position
• Used Margin – Capital locked in open trades, based on position size and leverage
• Net Profit – Realized gain/loss after commissions and fees
• Raw Net Profit – Gross result before trading costs
• Floating PnL – Unrealized profit or loss from active positions
• ROI – Return on initial capital, including realized and floating PnL. Leverage directly impacts this metric, amplifying both gains and losses relative to account size.
• Long/Short Size & Avg Price – Open position sizes and volume-weighted average entry prices
• Leverage & Liquidation – Simulated effective leverage and projected liquidation level
• Hold – Best-performing hold side (Long or Short) over the session
• Hold Efficiency – Performance efficiency during holding phases, relative to capital used
• Profit Factor – Ratio of gross profits to gross losses (realized)
• Payoff Ratio – Average profit per win / average loss per loss
• Win Rate – Percent of profitable closes (including partial exits)
• Expectancy – Net average result per closed trade
• Max Drawdown – Largest recorded drop in equity during the session
• Commission Paid – Simulated trading costs: maker, taker, funding
• Long / Short Trades – Count of entry signals per side
• Time Trading – Number of bars spent in active positions
• Volume / Month – Extrapolated 30-day trading volume estimate
• Min Capital – Lowest equity level recorded during the session
🔹 Reference Ranges by Strategy Type
Use the following metrics as reference depending on the trading style:
Grid / Mean Reversion
• Profit Factor: 1.2 – 2.0
• Payoff Ratio: 0.5 – 1.2
• Win Rate: 50% – 70% (based on partial exits)
• Expectancy: 0.05% – 0.25%
• Drawdown: Moderate to high
• Commission Impact: High
Trend-Following
• Profit Factor: 1.5 – 3.0
• Payoff Ratio: 1.5 – 3.5
• Win Rate: 30% – 50%
• Expectancy: 0.3% – 1.0%
• Drawdown: Low to moderate
Scalping / High-Frequency
• Profit Factor: 1.1 – 1.6
• Payoff Ratio: 0.3 – 0.8
• Win Rate: 80% – 95%
• Expectancy: 0.01% – 0.05%
• Volume / Month: Very high
Breakout Strategies
• Profit Factor: 1.4 – 2.2
• Payoff Ratio: 1.2 – 2.0
• Win Rate: 35% – 60%
• Expectancy: 0.2% – 0.6%
• Drawdown: Can be sharp after failed breakouts
🔹 Note on Performance Simulation
TitanGrid includes internal accounting of fees, slippage, and funding costs.
While its logic is designed for precision and capital efficiency, performance is naturally affected by exchange commissions.
In frictionless environments (e.g., zero-fee simulation), its high-frequency logic could — in theory — extract substantial micro-edges from the market.
However, real-world conditions introduce limits, and all results should be interpreted accordingly.
Pucci Trend EMA-SMA Crossover with TolerancePucci Trend EMA-SMA Crossover with Tolerance
This indicator helps identify market trends and generates trading signals based on the crossover between an Exponential Moving Average (EMA) and a Simple Moving Average (SMA) with an adjustable tolerance threshold. The signals work as follows:
Buy Signal (B) -> Triggers when the EMA crosses above the SMA, exceeding a user-defined tolerance (in basis points). Optionally, a price filter can require the high or low to be below the EMA for confirmation.
Sell Signal (S) -> Triggers when the SMA crosses above the EMA, exceeding the tolerance. The optional price filter may require the high or low to be above the EMA.
The tolerance helps reduce false signals by requiring a minimum distance between the moving averages before confirming a crossover. The price filter adds an extra confirmation layer by checking if price action respects the EMA level.
Important Notes:
1º No profitability guarantee: This tool is for analysis only and may generate losses.
2º "As Is" disclaimer: Provided without warranties or responsibility for trading outcomes.
3º Use Stop Loss: Users must determine their own risk management.
4º Parameter adjustment needed: Optimal MA periods and tolerance vary by timeframe.
5º Filter impact varies: Enabling/disabling the price filter may improve or worsen performance.
Position Size Calculator ProPosition Size Calculator Pro is a professional risk management tool that helps traders calculate optimal position sizes based on their account size, risk tolerance, and trade setup. The indicator provides real-time calculations with interactive price lines and a comprehensive horizontal table display for quick decision-making.
✨ Key Features
Multiple Entry Modes: Current price, manual price, or interactive buy line
Flexible Stop Loss Options: LOD (Low of Day), manual price, percentage-based, or interactive stop line
Advanced Risk Calculations: Includes brokerage impact and adjusted risk metrics
Interactive Price Lines: Visual buy and stop loss lines with real-time updates
Horizontal Table Display: Compact 2-row table showing all critical metrics
Smart Color Coding: Visual feedback based on risk and allocation levels
Professional UI: Clean, modern interface with intuitive controls
Indian Market Ready: Optimized for Indian trading with ₹ currency display
🔧 Input Parameters
💰 Risk Management
Account Size (₹): Total trading capital (default: 10,00,000)
Risk per Trade (%): Maximum risk percentage per trade (default: 0.25%, range: 0.01-5%)
Brokerage (%): Combined buy and sell brokerage (default: 0.12%, range: 0-2%)
📊 Entry & Stop Loss
Entry Mode: Choose between Current Price, Manual Price, or Buy Line
Manual Entry Price: Custom entry price (when Manual Price selected)
Stop Loss Mode: LOD SL, Manual SL, Manual SL %, or SL Line
Manual Stop Loss: Custom stop loss price
SL Percentage (%): Percentage below entry for stop loss (default: 2%, range: 0.1-20%)
📈 Interactive Lines
Buy Line Price: Interactive buy line (click on chart to set)
Stop Loss Line: Interactive stop loss line (click on chart to set)
Show Lines: Toggle line visibility
🎨 Display Options
Show Table: Toggle calculation table visibility
Table Size: Adjustable from tiny to huge
Position: Top, middle, or bottom placement
Alignment: Left, center, or right alignment
Update Frequency: Real-time or bar close
📊 Calculation Methodology
Position Size Formula
Position Size = (Account Size × Risk %) ÷ (Adjusted Risk per Share)
Risk Calculations
Base Risk: |(Entry Price - Stop Loss)| ÷ Entry Price × 100
Adjusted Risk: Includes brokerage impact on both entry and exit
Risk Amount: Position Size × Base Risk per Share
Brokerage Impact
Entry with Brokerage: Entry Price × (1 + Brokerage% ÷ 200)
Exit with Brokerage: Stop Loss × (1 - Brokerage% ÷ 200)
🎮 How to Use
Basic Setup
Set your account size and risk percentage
Configure brokerage percentage according to your broker
Choose entry and stop loss modes
The calculator automatically updates position size
Interactive Lines Setup
⚠️ IMPORTANT: After selecting line modes, refresh the chart to ensure lines are visible
For Buy Line:
Select Entry Mode: "Buy Line"
Set "Buy Line Price" or leave 0 for current price
Refresh chart to see the green buy line
Adjust price by clicking on chart or changing input value
For Stop Loss Line:
Select Stop Loss Mode: "SL Line"
Set "Stop Loss Line" or leave 0 for current low
Refresh chart to see the red stop loss line
Adjust price by clicking on chart or changing input value
Table Information
The horizontal calculation table displays:
SL: Stop Loss price
Entry: Entry price level
Risk%: Adjusted risk percentage (with brokerage)
SL%: Base stop loss risk percentage
Cap%: Account risk percentage setting
Qty: Recommended quantity to buy
Investment: Total investment amount required
Alloc%: Portfolio allocation percentage
Risk ₹: Total risk amount in Rupees
Color Coding Guide
Green Values: Positive/profitable metrics
Red Values: Risk/loss related metrics
Orange Values: Warning levels (high risk/allocation)
Blue Headers: Table headers
Bright Green Line: Buy line with target icon
Bright Red Line: Stop loss line with shield icon
🚨 Alert Conditions
Built-in Alerts
High Allocation Warning: Triggers when position exceeds 20% of account
High Risk Warning: Triggers when stop loss risk exceeds 5%
Invalid Position: Triggers when calculation parameters are invalid
Setting Up Alerts
Click "Add Alert" on the chart
Select "Position Size Calculator Pro"
Choose desired alert condition
Configure notification settings
⚠️ Important Notes & Troubleshooting
Interactive Lines
Lines not visible? Refresh the chart after selecting line modes
Lines moving together? Each line operates independently - check you're adjusting the correct price input
Default behavior: Buy line starts at current price, Stop line starts at current low
Price = 0: Uses automatic defaults (current price/low)
Risk Disclaimers
This tool is for educational purposes only
Always verify calculations independently
Consider market conditions, gaps, and liquidity
Past performance doesn't guarantee future results
Technical Limitations
Interactive lines require chart refresh for initial visibility
Calculations update based on selected frequency
Maximum 10 lines and 10 labels on chart simultaneously
Best Practices
Always set realistic account size
Never risk more than you can afford to lose
Consider slippage and market gaps in volatile conditions
Review calculations before placing actual trades
Use appropriate position sizing for your trading strategy
Refresh chart when switching between line modes
🛠️ Technical Requirements
TradingView account (any tier)
Pine Script v6 compatibility
Modern browser for interactive features
Real-time or delayed data feed
📈 Performance Features
The script includes several optimizations:
Efficient calculation updates based on frequency setting
Smart memory management for line drawings
Conditional table updates to reduce resource usage
Optimized number formatting for better readability
🎯 Use Cases
Day Trading
Quick position sizing for intraday setups
Real-time risk assessment
Interactive line placement for entry/exit planning
Swing Trading
Portfolio allocation management
Multi-timeframe risk analysis
Position size optimization for longer holds
Investment Planning
Capital allocation for stock purchases
Risk-based position sizing
Long-term portfolio management
Disclaimer: This tool is for educational and informational purposes only. Trading involves substantial risk of loss and is not suitable for all investors. Always conduct your own research and consider seeking advice from qualified financial professionals.
Opening Range BreakoutOPENING RANGE BREAKOUT (ORB) INDICATOR
DESCRIPTION
The Opening Range Breakout indicator is a powerful technical analysis tool designed specifically for US equity markets. It identifies and visualizes the opening range established during the first configurable minutes of each trading day (starting at 9:30 AM EST), then provides clear signals when price breaks out of or rejects from these key levels.
This indicator combines multiple timeframe analysis capabilities with precise breakout detection to help traders identify high-probability trading opportunities based on opening range dynamics.
KEY FEATURES
Configurable Opening Range:
• Set opening range duration from 5 minutes to 4 hours
• Automatically adjusts calculations based on your chart timeframe
• Works on any timeframe (1m, 5m, 15m, 1h, etc.)
Multi-Day Range Display:
• Shows up to 50 days of historical opening ranges
• Each day's range properly contained within its trading session
• Range lines extend from market open (9:30 AM) to market close (4:00 PM EST)
Clear Signal System:
• Green arrows (⬆): Bullish breakouts and rejections
• Red arrows (⬇): Bearish breakouts and rejections
• Two signal types: Close breakouts (normal size) and wick rejections (small size)
Visual Range Highlighting:
• Opening range period highlighted with colored box
• Customizable colors for range fill, borders, and midline
• Clean, professional appearance with configurable line styles
SIGNAL TYPES
Bullish Signals (Green ⬆):
1. Close Breakout Above Range (Normal Size): 5-minute candle closes above the opening range high
2. Wick Rejection from Below (Small Size): Price wicks below the opening range low but closes back inside the range
Bearish Signals (Red ⬇):
1. Close Breakout Below Range (Normal Size): 5-minute candle closes below the opening range low
2. Wick Rejection from Above (Small Size): Price wicks above the opening range high but closes back inside the range
CONFIGURATION OPTIONS
Range Settings:
• Opening Range Minutes: Duration of opening range (default: 30 minutes)
• Lookback Days: Number of historical days to display (default: 20 days)
Visual Customization:
• Range Color: Fill color for the opening range area
• Border Color: Color for range high/low lines
• Midline Color: Color for the range midpoint line
• Opening Range Highlight Color: Color for the opening period box
• Line Style: Solid, Dashed, or Dotted lines
• Line Width: 1-4 pixel width options
Display Options:
• Show Midline: Toggle midpoint line display
• Show Range Labels: Toggle price level labels
• Arrow Distance: Adjust arrow positioning (0.1-2.0%)
USAGE GUIDE
Basic Setup:
1. Add the indicator to your chart (works best on 5-minute timeframe)
2. Configure your preferred opening range duration (15m, 30m, or 60m are popular choices)
3. Adjust lookback days based on your analysis needs
4. Customize colors and line styles to match your chart theme
Trading Applications:
Breakout Trading:
• Long Entry: Green arrow (close breakout above range) + confirmation
• Short Entry: Red arrow (close breakout below range) + confirmation
• Stop Loss: Opposite side of the opening range
• Target: 1-2x the range size or key support/resistance levels
Range Rejection Trading:
• Reversal Setups: Small arrows indicate failed breakouts
• Mean Reversion: Trade back toward range midline
• Support/Resistance: Use range levels as key price zones
Multi-Day Analysis:
• Identify recurring support/resistance levels
• Analyze range expansion/contraction patterns
• Compare current day's activity to recent history
BEST PRACTICES
1. Timeframe Selection: 5-minute charts provide optimal signal clarity
2. Range Duration: 30-minute opening range is most commonly used, but adjust based on:
- Market volatility
- Stock characteristics
- Trading style preference
3. Confirmation: Use additional indicators or price action for trade confirmation
4. Risk Management: Always use appropriate position sizing and stop losses
MARKET SESSIONS
The indicator is specifically designed for US equity markets:
• Market Open: 9:30 AM EST
• Market Close: 4:00 PM EST
• Opening Range: Calculated from market open
• Range Lines: Extend throughout the trading day only
PERFORMANCE NOTES
• Optimized for real-time trading with minimal lag
• Automatically manages memory by cleaning old ranges
• Efficiently handles multiple timeframes and range calculations
KNOWN ISSUES & WORKAROUNDS
Historical Buffer Error:
Issue: Occasionally, you may encounter an error: "The requested historical offset (XXX) is beyond the historical buffer's limit (770)"
Workaround:
1. Switch to a different timeframe temporarily
2. Switch back to your original timeframe
3. The indicator will reload and function normally
This is a Pine Script limitation related to historical data access and doesn't affect the indicator's core functionality.
COMPATIBILITY
• Pine Script Version: v6
• Chart Types: All chart types supported
• Timeframes: All timeframes (optimized for 1m-1h)
• Markets: Designed for US equity markets during regular trading hours
TIPS FOR MAXIMUM EFFECTIVENESS
1. Combine with Volume: High volume on breakouts increases reliability
2. Market Context: Consider overall market direction and volatility
3. News Awareness: Be cautious around earnings and major announcements
4. Range Quality: Wider ranges often provide better breakout opportunities
5. Time of Day: Early breakouts (first 1-2 hours) often have higher follow-through
This indicator is provided for educational and informational purposes. Always conduct your own analysis and manage risk appropriately.
Position Size CalculatorPosition Size Calculator - User Guide
A simple tool to calculate optimal position size based on your risk preferences, visualize trade levels, and automatically determine trade direction.
Introduction
The Position Size Calculator is a TradingView indicator designed to help traders calculate the optimal position size for their trades based on account size and risk tolerance. This tool visually represents entry, stop loss, and take profit levels while automatically calculating the appropriate position size to maintain consistent risk management.
Getting Started
Setting Up Your Account Parameters
Setting Price Levels
Understanding the Visual Elements
Adjusting Your Trade on the Chart
Reading the Information Panel
1. Getting Started
After adding the indicator to your chart, you'll see three horizontal lines representing:
Yellow line: Entry price
Green line: Take profit price
Red line: Stop loss price
The indicator automatically detects whether you're planning a Long or Short trade based on the position of your take profit relative to your entry.
2. Setting Up Your Account Parameters
In the "Position Calculator" settings group:
Account Size : Enter your total account balance
Account Currency : Set your account currency (USD, EUR, etc.)
Risk (%) : Enter the percentage of your account you're willing to risk per trade (e.g., 2%)
Instrument Type : Select your trading instrument (Forex, Futures, Stocks, or Crypto)
Value per 0.01 lot per tick : Enter the value of 0.01 lots per tick (for most Forex pairs, this is $1 per pip for 0.01 lot)
Minimum Lot Size : Set the minimum lot size allowed by your broker (usually 0.01 for Forex)
3. Setting Price Levels
In the "Price Levels" section:
Entry Price : The price at which you plan to enter the trade
Stop Loss Price : Where you'll exit if the trade goes against you
Take Profit Price : Your target price where you'll take profits
If you set Entry Price to 0, it will default to the current price. If Stop Loss or Take Profit are set to 0, they'll default to 5% below or above entry price respectively.
4. Understanding the Visual Elements
Yellow line : Your entry price
Green line : Your take profit level
Red line : Your stop loss level
Green zone : The profit zone (between entry and take profit)
Red zone : The loss zone (between entry and stop loss)
Information panel : Shows all calculations and trade details
5. Adjusting Your Trade on the Chart
The beauty of this tool is its interactivity:
You can drag any of the lines directly on the chart to adjust entry, stop loss, or take profit
If you drag the take profit above the entry , the indicator automatically sets up for a Long trade
If you drag the take profit below the entry , it automatically configures for a Short trade
All calculations and visuals update in real-time as you adjust the lines
This means you can quickly test different scenarios and see how they affect your position size and potential profit/loss.
6. Reading the Information Panel
The information panel displays:
Account details : Your account size and currency
Risk information : Your percentage risk and the equivalent monetary amount
Position Size : The optimal lot size calculated based on your risk parameters
Price levels : Entry, Stop Loss, and Take Profit with distances in ticks
Risk/Reward ratio : Shown as 1:X (where X is the reward relative to 1 unit of risk)
Potential outcomes : The exact amount you stand to gain or lose on this trade
Trade direction : Whether this is a Long or Short trade
Visual Settings
You can customize the appearance in the "Visual" settings group:
Adjust colors for profit and loss zones
Change the transparency of colored zones
Toggle the filling of spaces between lines
Adjust how far the lines extend beyond the last candle
Practical Tips
Always double-check your "Value per 0.01 lot per tick" setting for the specific instrument you're trading
For Forex major pairs, the standard is usually $1 per pip for 0.01 lots
For other instruments, consult your broker's specifications
The indicator works best when you place your stop loss at a logical market level (support/resistance, swing high/low) rather than a fixed percentage
Final Thoughts
This Position Size Calculator helps remove emotion from your trading by objectively calculating your position size based on your predefined risk parameters. It ensures that you maintain consistent risk across all your trades, regardless of the stop loss distance, which is a key component of successful risk management.
Remember: The most important goal in trading is capital preservation. This tool helps you ensure that each trade risks only what you've decided is acceptable for your trading strategy.
EMA Cross Pro v2.5 | True PnL Tracking + Break Even SystemEMA Cross Pro v2.5 | True PnL Tracking + Break-Even System
Description
This strategy combines fast and slow EMA crossovers with multi-stage profit-taking, a configurable stop-loss, and an optional break-even mechanism—while tracking real, closed-trade PnL on the chart. It’s designed to show exactly how much you earn or lose on each partial exit, reset your breakeven when a profit target hits, and label every trade’s midpoint profit/loss.
1) Strategy Logic & Rationale
EMA Crossover (Fast = 21 / Slow = 55): Signals trend changes.
Partial Profit-Taking:
TP1 at +0.5% on 60% of position
TP2 at +1.0% on 30%
TP3 at +1.5% on final 10%
This pyramided exit reduces risk and locks in gains in stages.
Stop-Loss at 1.0% ensures maximum risk per trade.
Break-Even: Optionally moves your stop to entry when TP1 (or TP2/TP3) is reached, protecting unrealized gains.
True PnL Tracking: Calculates and plots realized profit/loss—including partial exits and break-even closes—directly on chart labels.
Alerts: Flexible alarms for entry, each TP, SL, and break-even activation.
2) Default Inputs & Execution
Backtest Start Date: Jan 1 2025
Initial Capital: $1 000
Position Sizing: 10% of equity per entry
Commission: 0.10% per side
Slippage: 0.05%
TP & SL Levels:
TP1: +0.5% (60%)
TP2: +1.0% (30%)
TP3: +1.5% (10%)
SL: –1.0% on remaining size
Break-Even Triggers: Activate on TP1 (default), TP2 or TP3
Alerts: All configurable on/off in the settings panel
3) Backtest Parameters & Results
Backtested on BTCUSDT 1H bars from 2025-01-01 to 2025-05-01:
Total Trades: 78
Win Rate: 62.8%
Average Risk/Reward: 1 : 1.25
Max Drawdown: 7.5%
Net Return: +14.2%
(Assumes 0.10% commission and 0.05% slippage. Past performance does not guarantee future results.)
4) How to Use
Add to Chart: Search “EMA Cross Pro v2.5” and apply to your instrument.
Set Inputs: Adjust EMAs, TP/SL levels, break-even triggers and alarms to suit your style.
Monitor Labels: Entry, TP1, TP2, TP3, SL and break-even labels appear on chart with exact $ profit or loss.
Review PnL Panel: A table shows total trades, win rate, net P/L and streaks—updated in real time.
Risk Management: Never risk more than 1% per trade; always factor in commission/slippage.
5) Warnings & Disclaimer
This strategy is for educational purposes only. Always validate with your own data feed, apply robust risk controls, and be aware that backtest results may differ from live performance.
AlphaTrend++AlphaTrend++
Overview
The AlphaTrend++ is an advanced Pine Script indicator designed to help traders identify buy and sell opportunities in trending and volatile markets. Building on trend-following principles, it uses a modified Average True Range (ATR) calculation combined with volume or momentum data to plot a dynamic trend line. The indicator overlays on the price chart, displaying a colored trend line, a filled trend zone, buy/sell signals, and optional stop-loss tick labels, making it ideal for day trading or swing trading, particularly in markets like futures (e.g., MES).
What It Does
This indicator generates buy and sell signals based on the direction and momentum of a custom trend line, filtered by optional time restrictions and signal frequency logic. The trend line adapts to price action and volatility, with a filled zone highlighting trend strength. Buy/sell signals are plotted as labels, and stop-loss distances are displayed in ticks (customizable for instruments like MES). The indicator supports standard chart types for realistic signal generation.
How It Works
The indicator employs the following components:
Trend Line Calculation: A dynamic trend line is calculated using ATR adjusted by a user-defined multiplier, combined with either Money Flow Index (MFI) or Relative Strength Index (RSI) depending on volume availability. The line tracks price movements, adjusting upward or downward based on trend direction and volatility.
Trend Zone: The area between the current trend line and its value two bars prior is filled, colored green for bullish trends (upward movement) or red for bearish trends (downward movement), providing a visual cue of trend strength.
Signal Generation: Buy signals occur when the trend line crosses above its value two bars ago, and sell signals occur when it crosses below, with optional filtering to reduce signal noise (based on bar timing logic). Signals can be restricted to a 9:00–15:00 UTC trading window.
Stop-Loss Ticks: For each signal, the indicator calculates the distance to the trend line (acting as a stop-loss level) in ticks, using a user-defined tick size (default 0.25 for MES). These are displayed as labels below/above the signal.
Time Filter: An optional filter limits signals to 9:00–15:00 UTC, aligning with active trading sessions like the US market open.
The indicator ensures compatibility with standard chart types (e.g., candlestick or bar charts) to avoid unrealistic results associated with non-standard types like Heikin Ashi or Renko.
How to Use It
Add to Chart: Apply the indicator to a candlestick or bar chart on TradingView.
Configure Settings:
Multiplier: Adjust the ATR multiplier (default 1.0) to control trend line sensitivity. Higher values widen the stop-loss distance.
Common Period: Set the ATR and MFI/RSI period (default 14) for trend calculations.
No Volume Data: Enable if volume data is unavailable (e.g., for certain forex pairs), switching from MFI to RSI.
Tick Size: Set the tick size for stop-loss calculations (default 0.25 for MES futures).
Show Buy/Sell Signals: Toggle signal labels (default enabled).
Show Stop Loss Ticks: Toggle stop-loss tick labels (default enabled).
Use Time Filter: Restrict signals to 9:00–15:00 UTC (default disabled).
Use Filtered Signals: Enable to reduce signal frequency using bar timing logic (default enabled).
Interpret Signals:
Buy Signal: A blue “BUY” label below the bar indicates a potential long entry (trend line crossover, passing filters).
Sell Signal: A red “SELL” label above the bar indicates a potential short entry (trend line crossunder, passing filters).
Trend Zone: Green fill suggests bullish momentum; red fill suggests bearish momentum.
Stop-Loss Ticks: Gray labels show the stop-loss distance in ticks, helping with risk management.
Monitor Context: Use the trend line and filled zone to confirm the market’s direction before acting on signals.
Unique Features
Adaptive Trend Line: Combines ATR with MFI or RSI to create a responsive trend line that adjusts to volatility and market conditions.
Tick-Based Stop-Loss: Displays stop-loss distances in ticks, customizable for specific instruments, aiding precise risk management.
Signal Filtering: Optional bar timing logic reduces false signals, improving reliability in choppy markets.
Trend Zone Visualization: The filled zone between trend line values enhances trend clarity, making it easier to assess momentum.
Time-Restricted Trading: Optional 9:00–15:00 UTC filter aligns signals with high-liquidity sessions.
Notes
Use on standard candlestick or bar charts to ensure accurate signals.
Test the indicator on a demo account to optimize settings for your market and timeframe.
Combine with other analysis (e.g., support/resistance, volume spikes) for better decision-making.
The indicator is not a standalone system; use it as part of a broader trading strategy.
Limitations
Signals may lag in highly volatile or low-liquidity markets due to ATR-based calculations.
The 9:00–15:00 UTC time filter may not suit all markets; disable it for 24-hour assets like forex or crypto.
Stop-loss tick calculations assume consistent tick sizes; verify compatibility with your instrument.
This indicator is designed for traders seeking a robust, trend-following tool with customizable risk management and signal filtering, optimized for active trading sessions.
Open Range Candle [TradeWithRon]This Open Range Break indicator is a tool designed to help traders identify and visualize key price levels using the Opening Range Breakout (ORB) strategy. This indicator dynamically plots critical levels such as the high, low, and middle of a predefined range, along with Fibonacci retracement levels for further analysis. It also features several customization options to fit various trading styles.
Key Features:
Session Setup: Allows the user to set the time offset in GMT - or + to adjust the ORB session to their local time zone.
The default ORB session is set at 9:45 AM but can be adjusted based on user preferences.
Warning: Only supports 5-minute and 15-minute timeframes.
Visual Customization:
Line Styles: Users can choose from Solid, Dotted, or Dashed lines to represent key price levels.
Color Adjustments: Customizable colors for the high, middle, and low levels of the range, as well as Fibonacci levels and vertical lines.
Labeling Options: The labels can be customized in terms of size and color, helping to keep the chart clean and clear.
Fibonacci Retracement Levels: Fibonacci retracement levels are automatically drawn between the high and low of the range. Users can toggle these on or off and customize the offset to suit different trading instruments.
Time-Based Visuals: A vertical line is drawn at the start of the ORB session, providing a clear visual marker of where the breakout starts. This is useful for pinpointing key trade setups.
The indicator supports both 5-minute and 15-minute timeframes.
EMA Integration: The user can enable an Exponential Moving Average (EMA) on any chosen timeframe with adjustable parameters such as the length and color, providing additional trend context.
Dynamic Labeling: The indicator labels the high, middle, and low points of the ORB with custom text. These labels are updated in real-time as new data becomes available.
Limit on Lines and Labels: The indicator allows for a limit on the number of lines and labels drawn to maintain a clean chart, preventing unnecessary clutter as more ORB levels are plotted.
Daily Bias Information: The indicator assesses the daily trend bias (bullish or bearish) based on the relationship between the open and close prices for the last three daily candles, providing context for the current trading session.
Countdown Timer: The remaining time until the end of the current session is displayed in a countdown format, which helps traders to time their entries and exits more precisely.
How To Use:,
- Set the Timeframe to 15 minutes.
- Adjust the Time Zone Offset if needed, based on your local time zone.
- Enable the Show ORB feature for the first 15-minute candle to be drawn as the opening range. - The indicator will automatically mark the high, middle, and low points of the range.
Identify Breakout Points:
Bullish Breakout: If the price breaks above the high of the 15-minute opening range, this indicates a potential bullish breakout. The indicator will plot a vertical line marking the breakout point for further confirmation.
Bearish Breakout: If the price breaks below the low of the 15-minute opening range, this signals a potential bearish breakout. Again, the indicator will plot the breakout point with a vertical line for easy identification.
🔶 Disclaimer
Use with Caution: This indicator is provided for educational and informational purposes only and should not be considered as financial advice. Users should exercise caution and perform their own analysis before making trading decisions based on the indicator's signals.
Not Financial Advice: The information provided by this indicator does not constitute financial advice, and the creator (Tradewithron) shall not be held responsible for any trading losses incurred as a result of using this indicator.
Backtesting Recommended: Traders are encouraged to backtest the indicator thoroughly on historical data before using it in live trading to assess its performance and suitability for their trading strategies.
Risk Management: Trading involves inherent risks, and users should implement proper risk management strategies, including but not limited to stop-loss orders and position sizing, to mitigate potential losses.
No Guarantees: The accuracy and reliability of the indicator's signals cannot be guaranteed, as they are based on historical price data and past performance may not be indicative of future
CISD [TradeWithRon]The CISD (Change in State of Delivery) indicator helps traders identify significant price action events by tracking liquidity sweeps and CISD events. It highlights key market structure shifts by marking liquidity levels and failed breakouts, offering insights into potential reversals and breakout confirmations.
Features:
CISD Detection: Identifies high and low CISD events with customizable display settings.
Customizable Display: Users can control how many CISD lines and liquidity lines are shown.
Customization:
- Adjust the number of CISD and liquidity lines displayed.
- Modify the swing length and back-checking period for greater flexibility.
- Choose different colors and line styles to match your charting preferences.
Use Cases:
- Spot traps and reversals.
- Identify breakout confirmations.
- Enhance market structure analysis.
- Combine with other technical indicators for improved decision-making.
🔶 Disclaimer
Use with Caution: This indicator is provided for educational and informational purposes only and should not be considered as financial advice. Users should exercise caution and perform their own analysis before making trading decisions based on the indicator's signals.
Not Financial Advice: The information provided by this indicator does not constitute financial advice, and the creator (Tradewithron) shall not be held responsible for any trading losses incurred as a result of using this indicator.
Backtesting Recommended: Traders are encouraged to backtest the indicator thoroughly on historical data before using it in live trading to assess its performance and suitability for their trading strategies.
Risk Management: Trading involves inherent risks, and users should implement proper risk management strategies, including but not limited to stop-loss orders and position sizing, to mitigate potential losses.
No Guarantees: The accuracy and reliability of the indicator's signals cannot be guaranteed, as they are based on historical price data and past performance may not be indicative of future
Order Block Candle [TradeWithRon]Order Block Candle
This indicator is designed to help traders identify and visualize key movements within the market. These order blocks are areas where significant buying or selling has occurred, often leading to a strong price reaction. This script detects both bullish and bearish order blocks (with volume spike), marking them directly on your chart, and offers a variety of customization options to enhance your trading experience.
Features:
Bullish and Bearish Candles: Bullish Order Block: Identified when the current price creates a higher high and closes above the previous price, indicating a zone of potential buying activity by institutional traders.
Bearish Order Block: Identified when the current price creates a lower low and closes below the previous price, suggesting strong institutional selling.
Volume-Weighted Analysis: The indicator allows traders to incorporate volume into the order block detection. When a volume pivot (a significant change in volume) is detected, it strengthens the validity of the identified order block.
Customizable Visuals:
- Users can adjust the color and style of order block lines, including solid, dashed, or dotted styles, to suit personal preferences.
- Bullish Order Block Color: Choose from a range of colors to highlight bullish order blocks (default is green).
- Bearish Order Block Color: Choose a color for bearish order blocks (default is red).
- Users can also customize the color and style of the lines representing order blocks, helping traders visually track key levels.
Candle Body or. Wick: The indicator provides flexibility in defining the price range of the order block. Traders can choose whether to calculate the order block using the candle body (open and close) or the full wick (high and low) to suit their trading strategy.
Dynamic Line Extensions: Order block lines are dynamically extended to provide ongoing support and resistance levels. When a price breaks an order block line, the line changes to a dotted style, marking it as "broken." This allows traders to easily spot when the market invalidates an order block.
Alerts:
- Alert for Bullish Order Block: Get notified when a new bullish order block is detected.
- Alert for Bearish Order Block: Receive alerts when a bearish order block is identified.
- Alert for Broken Lines: Set up alerts to be notified when a bullish or bearish order block line is broken, giving traders a signal for potential market shifts.
Zone Management:
- The indicator tracks upper and lower zone information, marking significant price levels where institutional buying or selling might occur. Traders can adjust settings to define how many previous lines should be displayed on the chart for reference.
Optional Mitigated Order Blocks:
- A feature that highlights mitigated (neutralized) order blocks with a specific color and line style, offering additional insight into market behavior.
Input Settings:
- Length: The number of bars to the left and right of a pivot point for it to be considered a high or low.
- Candle Body: Option to use the candle body for calculations (as opposed to the wick).
- Bullish and Bearish Candle Color: Customizable colors for bullish and bearish order blocks.
- Open Line Style: Choose between solid, dashed, or dotted line styles for order block visualization.
- Removed Old Lines: Control the number of broken lines shown on the chart.
- Mitigated Line Style: Select line style for mitigated order blocks.
- Volume Use: Enable volume-based detection for stronger order block validation.
How to Use:
This indicator is ideal for traders looking to trade around institutional support and resistance levels. The bullish and bearish order blocks can serve as key entry or exit points, while broken lines offer dynamic support/resistance that adapt to market changes. Use the alerts to stay informed of critical market developments and adjust your trading strategy accordingly.
🔶 Disclaimer
Use with Caution: This indicator is provided for educational and informational purposes only and should not be considered as financial advice. Users should exercise caution and perform their own analysis before making trading decisions based on the indicator's signals.
Not Financial Advice: The information provided by this indicator does not constitute financial advice, and the creator (Tradewithron) shall not be held responsible for any trading losses incurred as a result of using this indicator.
Backtesting Recommended: Traders are encouraged to backtest the indicator thoroughly on historical data before using it in live trading to assess its performance and suitability for their trading strategies.
Risk Management: Trading involves inherent risks, and users should implement proper risk management strategies, including but not limited to stop-loss orders and position sizing, to mitigate potential losses.
No Guarantees: The accuracy and reliability of the indicator's signals cannot be guaranteed, as they are based on historical price data and past performance may not be indicative of future
Market Structure Break with Volume & ATR#### Indicator Overview:
The *Market Structure Break with Volume & ATR (MSB+VolATR)* indicator is designed to identify significant market structure breakouts and breakdowns using a combination of price action, volume analysis, and volatility (ATR). It is particularly useful for traders who rely on higher timeframes for swing trading or positional trading. The indicator highlights bullish and bearish breakouts, retests, fakeouts, and potential buy/sell signals based on RSI overbought/oversold conditions.
---
### Key Features:
1. *Market Structure Analysis*:
- Identifies swing highs and lows on a user-defined higher timeframe.
- Detects breakouts and breakdowns when price exceeds these levels with volume and ATR validation.
2. *Volume Validation*:
- Ensures breakouts are accompanied by above-average volume, reducing the likelihood of false signals.
3. *ATR Filter*:
- Filters out insignificant breakouts by requiring the breakout size to exceed a multiple of the ATR.
4. *RSI Integration*:
- Adds a momentum filter by considering overbought/oversold conditions using RSI.
5. *Visual Enhancements*:
- Draws colored boxes to highlight breakout zones.
- Labels breakouts, retests, and fakeouts for easy interpretation.
- Displays stop levels for potential trades.
6. *Alerts*:
- Provides alert conditions for buy and sell signals, enabling real-time notifications.
---
### Input Settings and Their Effects:
1. **Timeframe (tf):
- Determines the higher timeframe for market structure analysis.
- *Effect*: A higher timeframe (e.g., 1D) reduces noise and provides more reliable swing points, while a lower timeframe (e.g., 4H) may generate more frequent but less reliable signals.
2. **Lookback Period (length):
- Defines the number of historical bars used to identify significant highs and lows.
- *Effect*: A longer lookback period (e.g., 50) captures broader market structure, while a shorter period (e.g., 20) reacts faster to recent price action.
3. **ATR Length (atr_length):
- Sets the period for ATR calculation.
- *Effect*: A shorter ATR length (e.g., 14) reacts faster to recent volatility, while a longer length (e.g., 21) smooths out volatility spikes.
4. **ATR Multiplier (atr_multiplier):
- Filters insignificant breakouts by requiring the breakout size to exceed ATR × multiplier.
- *Effect*: A higher multiplier (e.g., 0.2) reduces false signals but may miss smaller breakouts.
5. **Volume Multiplier (volume_multiplier):
- Sets the volume threshold for breakout validation.
- *Effect*: A higher multiplier (e.g., 1.0) ensures stronger volume confirmation but may reduce the number of signals.
6. **RSI Length (rsi_length):
- Defines the period for RSI calculation.
- *Effect*: A shorter RSI length (e.g., 10) makes the indicator more sensitive to recent price changes, while a longer length (e.g., 20) smooths out RSI fluctuations.
7. *RSI Overbought/Oversold Levels*:
- Sets the thresholds for overbought (default: 70) and oversold (default: 30) conditions.
- *Effect*: Adjusting these levels can make the indicator more or less conservative in generating signals.
8. **Stop Loss Multiplier (SL_Multiplier):
- Determines the distance of the stop-loss level from the entry price based on ATR.
- *Effect*: A higher multiplier (e.g., 2.0) provides wider stops, reducing the risk of being stopped out prematurely but increasing potential losses.
---
### How It Works:
1. *Breakout Detection*:
- A bullish breakout occurs when the close exceeds the highest high of the lookback period, with volume above the threshold and breakout size exceeding ATR × multiplier.
- A bearish breakout occurs when the close falls below the lowest low of the lookback period, with similar volume and ATR validation.
2. *Retest Logic*:
- After a breakout, if price retests the breakout zone without closing beyond it, a retest label is displayed.
3. *Fakeout Detection*:
- If price briefly breaks out but reverses back into the range, a fakeout label is displayed.
4. *Buy/Sell Signals*:
- A sell signal is generated when price reverses below a bullish breakout zone and RSI is overbought.
- A buy signal is generated when price reverses above a bearish breakout zone and RSI is oversold.
5. *Stop Levels*:
- Stop-loss levels are plotted based on ATR × SL_Multiplier, providing a visual guide for risk management.
---
### Who Can Use It and How:
1. *Swing Traders*:
- Use the indicator on daily or 4-hour timeframes to identify high-probability breakout trades.
- Combine with other technical analysis tools (e.g., trendlines, Fibonacci levels) for confirmation.
2. *Positional Traders*:
- Apply the indicator on weekly or daily charts to capture long-term trends.
- Use the stop-loss levels to manage risk over extended periods.
3. *Algorithmic Traders*:
- Integrate the buy/sell signals into automated trading systems.
- Use the alert conditions to trigger trades programmatically.
4. *Risk-Averse Traders*:
- Adjust the ATR and volume multipliers to filter out low-probability trades.
- Use wider stop-loss levels to avoid premature exits.
---
### Where to Use It:
- *Forex*: Identify breakouts in major currency pairs.
- *Stocks*: Spot trend reversals in high-volume stocks.
- *Commodities*: Trade breakouts in gold, oil, or other commodities.
- *Crypto*: Apply to Bitcoin, Ethereum, or other cryptocurrencies for volatile breakout opportunities.
---
### Example Use Case:
- *Timeframe*: 1D
- *Lookback Period*: 50
- *ATR Length*: 14
- *ATR Multiplier*: 0.1
- *Volume Multiplier*: 0.5
- *RSI Length*: 14
- *RSI Overbought/Oversold*: 70/30
- *SL Multiplier*: 1.5
In this setup, the indicator will:
1. Identify significant swing highs and lows on the daily chart.
2. Validate breakouts with volume and ATR filters.
3. Generate buy/sell signals when price reverses and RSI confirms overbought/oversold conditions.
4. Plot stop-loss levels for risk management.
---
### Conclusion:
The *MSB+VolATR* indicator is a versatile tool for traders seeking to capitalize on market structure breakouts with added confirmation from volume and volatility. By customizing the input settings, traders can adapt the indicator to their preferred trading style and risk tolerance. Whether you're a swing trader, positional trader, or algorithmic trader, this indicator provides actionable insights to enhance your trading strategy.
Stop/Take BoundsThe Stop/Take Bounds indicator is tool for setting dynamic stop-loss and take-profit levels based on percentage distance from the price. Unlike traditional ATR-based methods, this indicator allows traders to set stop levels as a fixed percentage of the price and define the take-profit multiple.
- Stop-loss distanceis determined as a percentage of the current price (e.g., 1% means the stop-loss is always 1% away from the price).
- Take-profit distance is calculated by multiplying the stop-loss distance by a user-defined multiplier (e.g., a multiplier of 2 places the take-profit level twice as far as the stop-loss).
- The indicator plots red lines for stop-loss levels and green lines for take-profit levels, making it easy to visualize risk-to-reward scenarios.
How to Use
1. Set Stop-Loss Distance (%) – Define how far the stop-loss should be from the price.
2. Set Take-Profit Multiplier – Choose how many times larger the take-profit should be compared to the stop-loss.
3. Apply to Long and Short Trades – The indicator automatically plots levels for both long and short positions.
4. Use in Manual or Algorithmic Trading – Ideal for discretionary traders as well as for integration into algorithmic strategies.
Use Cases
- Risk Management – Helps maintain disciplined risk-to-reward ratios.
- Strategy Development – Can be used in the creation of algorithmic trading systems.
- Trailing Stop Simulation – Can act as a trailing stop mechanism when used dynamically.
This indicator is a great addition to any trading strategy!
