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[Teyo69] T1 Wyckoff Aggressive A/D Setup📘 Overview The T1 Wyckoff Aggressive A/D Setup is a dual-mode indicator that detects bullish accumulations and bearish distributions using core principles from the Wyckoff Method. It identifies price/volume behavior during Selling/Buying Climaxes, ARs, SOS/SOW, and triggers based on trend structure. 🔍 Features ✅ Automatic detection of: Automatic Rally (AR) Automatic Reaction (AR) Sign of Strength (SOS) or Sign of Weakness (SOW) 🧠 Trend-sensitive logic with linear regression slope filters ⚙️ Configurable options for Reversal vs Trend Following mode 🎯 Smart structure timing filters using barssince() logic 🔊 Volume spike and wide-range candle detection 📊 Visual cues for bullish (green) and bearish (red) backgrounds 🛠 How to Use Reversal Mode Triggers early signals after a Climax + AR Ideal for catching turning points during consolidations Trend Following Mode Requires Climax, AR, and confirmation (SOS or SOW) Waits for structure confirmation before signaling Use this when you want higher probability trades ⚙️ Configuration Volume MA Length - Determines baseline volume to detect spikes Wick % of Candle - Filters candles with long tails for SC/BC Close Near Threshold - Ensures candles close near high/low Breakout Lookback - Sets structure breakout level Structure Threshold - Controls timing window for setups Signal Option - Switch between Reversal or Trend Following mode ⚠️ Limitations Doesn't confirm macro structure like full Wyckoff phase labeling (A–E) May repaint on lower timeframes during volatile candles Works best when combined with visual range recognition and market context 🧠 Advanced Tips Use in confluence with: Volume Profile ranges Trendlines and supply/demand areas Ideal timeframes: 8H to 1D for crypto and forex markets Combine this with LPS/UTAD patterns for refined entries 📝 Notes SC/AR/SOS = Bullish BC/AR/SOW = Bearish Trend coloring adapts background (green = rising slope, red = falling slope) 🛡️ Disclaimer This tool is a market structure guide, not financial advice. Past behavior does not guarantee future performance. Always use proper risk management.
Chỉ báo Pine Script®
của Teyo69
2
SMC+The "SMC+" indicator is a comprehensive tool designed to overlay key Smart Money Concepts (SMC) levels, support/resistance zones, order blocks (OB), fair value gaps (FVG), and trap detection on your TradingView chart. It aims to assist traders in identifying potential areas of interest based on price action, swing structures, and volume dynamics across multiple timeframes. This indicator is fully customizable, allowing users to adjust lookback periods, colors, opacity, and sensitivity to suit their trading style. Key Components and Functionality 1. Key Levels (Support and Resistance) This section plots horizontal lines representing support and resistance levels based on highs and lows over three distinct lookback periods, plus daily nearest levels. Short-Term Lookback Period (Default: 20 bars) Plots the highest high (short_high) and lowest low (short_low) over the specified period. Visualized as dotted lines with customizable colors (Short-Term Resistance Color, Short-Term Support Color) and opacity (Short-Term Resistance Opacity, Short-Term Support Opacity). Adjustment Tip: Increase the lookback (e.g., to 30-50) for less frequent but stronger levels on higher timeframes, or decrease (e.g., to 10-15) for scalping on lower timeframes. Long-Term Lookback Period (Default: 50 bars) Plots broader support (long_low) and resistance (long_high) levels using a solid line style. Customizable via Long-Term Resistance Color, Long-Term Support Color, and their respective opacity settings. Adjustment Tip: Extend to 100-200 bars for swing trading or major trend analysis on daily/weekly charts. Extra-Long Lookback Period (Default: 100 bars) Identifies significant historical highs (extra_long_high) and lows (extra_long_low) with dashed lines. Configurable with Extra-Long Resistance Color, Extra-Long Support Color, and opacity settings. Adjustment Tip: Use 200-500 bars for monthly charts to capture macro-level key zones. Daily Nearest Resistance and Support Levels Dynamically calculates the nearest resistance (daily_res_level) and support (daily_sup_level) based on the current day’s price action relative to historical highs and lows. Displayed with Daily Resistance Color and Daily Support Color (with opacity options). Adjustment Tip: Works best on intraday charts (e.g., 15m, 1h) to track daily pivots; combine with volume profile for confirmation. How It Works: These levels update dynamically as new highs/lows form, providing a visual guide to potential reversal or breakout zones. 2. SMC Inputs (Smart Money Concepts) This section identifies swing structures, order blocks, fair value gaps, and entry signals based on SMC principles. SMC Swing Lookback Period (Default: 12 bars) Defines the period for detecting swing highs (smc_swing_high) and lows (smc_swing_low). Adjustment Tip: Increase to 20-30 for smoother swings on higher timeframes; reduce to 5-10 for faster signals on lower timeframes. Minimum Swing Size (%) (Default: 0.5%) Filters out minor price movements to focus on significant swings. Adjustment Tip: Raise to 1-2% for volatile markets (e.g., crypto) to avoid noise; lower to 0.2-0.3% for forex pairs with tight ranges. Order Block Sensitivity (Default: 1.0) Scales the size of detected order blocks (OBs) for bullish reversal (smc_ob_bull), bearish reversal (smc_ob_bear), and continuation (smc_cont_ob). Visuals include customizable colors, opacity, border thickness, and blinking effects (e.g., SMC Bullish Reversal OB Color, SMC Bearish Reversal OB Blink Thickness). Adjustment Tip: Increase to 1.5-2.0 for wider OBs in choppy markets; keep at 1.0 for precision in trending conditions. Minimum FVG Size (%) (Default: 0.3%) Sets the minimum gap size for Fair Value Gaps (fvg_high, fvg_low), displayed as boxes with Fair Value Gap Color and FVG Opacity. Adjustment Tip: Increase to 0.5-1% for larger, more reliable gaps; decrease to 0.1-0.2% for scalping smaller inefficiencies. How It Works: Bullish Reversal OB: Detects a bearish candle followed by a bullish break, marking a potential demand zone. Bearish Reversal OB: Identifies a bullish candle followed by a bearish break, marking a supply zone. Continuation OB: Spots strong bullish momentum after a prior high, indicating a continuation zone. FVG: Highlights bullish gaps where price may retrace to fill. Entry Signals: Plots triangles (SMC Long Entry) when price retests an OB with a liquidity sweep or break of structure (BOS). 3. Trap Inputs This section detects potential bull and bear traps based on price action, volume, and key level rejections. Min Down Move for Bear Trap (%) (Default: 1.0%) Sets the minimum drop required after a bearish OB to qualify as a trap. Visualized with Bear Trap Color, Bear Trap Opacity, and blinking borders. Adjustment Tip: Increase to 2-3% for stronger traps in trending markets; lower to 0.5% for ranging conditions. Min Up Move for Bull Trap (%) (Default: 1.0%) Sets the minimum rise required after a bullish OB to flag a trap. Customizable with Bull Trap Color, Bull Trap Border Thickness, etc. Adjustment Tip: Adjust similarly to bear traps based on market volatility. Volume Lookback for Traps (Default: 5 bars) Compares current volume to a moving average (avg_volume) to filter low-volume traps. Adjustment Tip: Increase to 10-20 for confirmation on higher timeframes; reduce to 3 for intraday sensitivity. How It Works: Bear Trap: Triggers when price drops significantly after a bearish OB but reverses up with low volume or support rejection. Bull Trap: Activates when price rises after a bullish OB but fails with low volume or resistance rejection. Boxes highlight trap zones, resetting when price breaks out. 4. Visual Customization Line Width (Default: 2) Adjusts thickness of support/resistance lines. Tip: Increase to 3-4 for visibility on cluttered charts. Blink On (Default: Close) Sets whether OB/FVG borders blink based on Open or Close price interaction. Tip: Use "Open" for intraday precision; "Close" for confirmed reactions. Colors and Opacity: Each element (OBs, FVGs, traps, key levels) has customizable colors, opacity (0-100), border thickness (1-5 or 1-7), and blink effects for dynamic visualization. How to Use SMC+ Setup: Apply the indicator to any chart and adjust inputs based on your timeframe and market. Key Levels: Watch for price reactions at short, long, extra-long, or daily levels for potential reversals or breakouts. SMC Signals: Look for entry signals (triangles) near OBs or FVGs, confirmed by liquidity sweeps or BOS. Traps: Avoid false breakouts by monitoring trap boxes, especially near key levels with low volume. Notes: This indicator is a visual aid and does not guarantee trading success. Combine it with other analysis tools and risk management strategies. Performance may vary across markets and timeframes; test settings thoroughly before use. For optimal results, experiment with lookback periods and sensitivity settings to match your trading style. The default settings are optimal for 1 minute and 10 second time frames for small cap low float stocks. Continuation OB are Blue. Bullish Reversal OB color is Green Bearish Reversal OB color is Red FVG color is purple Bear Trap OB is red with a green border and often appears with a Bearish Reversal OB signaling caution to a short position. Bull trap OB is green with a Red border signaling caution to a long position. All active OB area are highlighted and solid in color while other non active OB area are dimmed. My personal favorite setups are when we have an active bullish reversal with an active FVG along with an active Continuation OB. Another personal favorite is the Bearish reversal OB signaling an end to a recent uptrend. The Trap OB detection are also a unique and Original helpful source of information. The OB have a white boarder by default that are colored black giving a simulated blinking effect when price is acting in that zone. The Trap OB border are colored with respect to direction of intended trap, all of which can be customized to personal style. All vaild OB zones are shown compact in size ,a unique and original view until its no longer valid.
Chỉ báo Pine Script®
của kwsatterfield1
4
Math by Thomas Order Blocks🔥 Description: 🚀 Math by Thomas Order Blocks is a precision tool for Smart Money Concept (SMC) and price action traders, designed to automatically detect Bullish and Bearish Order Blocks (OBs). It highlights key institutional trading zones where large orders are placed, helping you identify potential reversal and continuation areas. ⚙️ Key Features: ✅ Automatic Order Block Detection: Detects Bearish OBs when price sharply reverses after a significant bullish move. Identifies Bullish OBs following a sharp reversal from a bearish push. ✅ Dynamic Sensitivity & Volume Filter: Sensitivity Control: Customize OB detection precision. Minimum Volume Filter: Ensures OBs form only on significant volume spikes. ✅ Flexible OB Mitigation: Choose between "Close" or "Wick" mitigation for OB invalidation. Mitigated OBs are automatically removed from the chart. ✅ Adaptive Swing & Price Change Detection: Adjusts OB detection logic based on timeframe for flexibility. Uses adaptive rate of change (ROC) calculations to spot momentum shifts. ✅ Visual Customization: OBs are displayed as shaded boxes with configurable background and border colors. Bullish OBs = Green (support zones). Bearish OBs = Red (resistance zones). ✅ Alerts for OB Touch: Get real-time alerts when price touches a Bullish or Bearish OB. Helps you catch potential reversal points without constant chart monitoring. 📊 How It Works: Bullish OB Logic: Detected when price crosses over a positive momentum threshold (ROC) with high volume. Plots a green OB box from the low of the swing candle. Bearish OB Logic: Identified when price crosses under a negative momentum threshold with high volume. Plots a red OB box from the high of the swing candle. Mitigation Rules: OBs are removed once invalidated by price action based on your chosen mitigation type (Close or Wick). 📈 Usage Tips: Use Bullish OBs as potential support areas for buy entries. Treat Bearish OBs as resistance zones for sell setups. Combine with Fair Value Gaps, volume profile, and RSI for confluence. Adjust sensitivity and volume filters to fine-tune OB detection. ✅ Chart Example: The script displays: Bullish OBs in green, marking potential support zones. Bearish OBs in red, indicating resistance zones. Real-time alerts when price touches OBs. 🔥 Why Use This Indicator? Designed for intraday and swing traders aiming to identify institutional trading zones. Helps you spot reversal and continuation setups with precision. Ideal for Smart Money Concept (SMC), price action, and order flow traders.
Chỉ báo Pine Script®
của MathThomas
5
Cumulative Volume Delta with SignalThis premium-grade technical indicator provides deep insights into market sentiment by tracking the difference between buying and selling pressure through volume analysis. SCVD offers a sophisticated approach to volume profile analysis, helping traders identify potential trend reversals and momentum shifts before price action confirms them. Key Features: Real-Time Volume Delta Analysis: Visualizes buying vs. selling pressure through color-coded candles Smart Signal Line Integration: EMA-based signal line helps identify trend changes and trading opportunities Multi-Timeframe Capabilities: Automatically selects optimal lower timeframes for precision or can be customized Daily Reset Option: Anchor period functionality for intraday delta analysis Professional Visualization: Clean, color-coded display with zero reference line Trading Applications: Identify divergences between price action and volume delta for potential reversals Spot accumulation/distribution patterns through delta behavior Use signal line crossovers for entry/exit timing Confirm trend strength by analyzing delta momentum Detect potential false breakouts through volume confirmation Perfect for day traders, swing traders, and institutional investors who rely on volume analysis for decision-making. This indicator combines sophisticated volume delta metrics with an intuitive interface to provide actionable trading insights across all markets and timeframes.
Chỉ báo Pine Script®
của munair
Dynamic Trend & Levels by VikOpineThis indicator combines the best aspects of trend-following, volume and price action to help traders make informed decisions and can be used with other indicators for confluence. 🚀 Key Features and Concepts: Volume-Weighted Moving Average (VWMA): Unlike a simple moving average, the VWMA gives more weight to price action with higher volume, helping traders identify strong trends backed by significant market participation. It helps distinguish between low-volume price fluctuations and meaningful market moves. Volume-Weighted Average Price (VWAP): Used by institutional traders, VWAP serves as a benchmark to gauge whether the current price is overbought or oversold relative to the average price weighted by volume. The indicator tracks VWAP levels dynamically, offering insights into price reversion opportunities and breakout confirmations. Fibonacci Levels (Dynamic Support & Resistance): The script dynamically plots Fibonacci retracement and extension levels based on recent price swings, allowing traders to identify potential reversal and continuation zones. These levels change colors individually based on them becoming support or resistance. Fibonacci levels help in setting stop-loss levels and profit targets based on natural market cycles. Ichimoku Cloud (Trend Confirmation & Market Sentiment): Provides a multi-dimensional view of trend strength, momentum, and potential reversals. The Kumo (cloud) helps traders identify support and resistance zones, while the Tenkan-Sen and Kijun-Sen lines confirm trend direction. I prefer to remove the lines and only keep the clouds to anticipate upcoming trend. How the Indicator Works: The script dynamically calculates and overlays VWMA and VWAP to give a clear view of volume-backed trends. Fibonacci levels are recalculated based on recent swing highs and lows, ensuring they remain relevant to current price action. This feature avoids to re-draw Fibs manually. The Ichimoku Cloud adjusts in real-time to provide trend and momentum signals. The session volume profile updates dynamically to highlight high-liquidity zones and potential breakout areas. Alerts can be set up in Tradingview allowing traders to know the price action in real time. How to Use This Indicator in Trading: Trend Confirmation: Use VWMA, VWAP, and the Ichimoku Cloud to determine the prevailing trend and avoid trading against market momentum. Go with the trend. Reversals: Look at the dynamic Fibonacci levels to find key support and resistance areas where price may reverse or consolidate. These levels change color as they become support or resistance. Breakout & Continuation Trading: Monitor VWAP deviations and Ichimoku signals to identify strong trend continuation setups. Mean Reversion: Use VWAP re-tests to spot potential pullback entries in established trends. Alerts: Customize alerts to stay ahead of market moves. Take advantage of paper trading feature available in Tradingview to familiarize yourself with this indicator. Experience is the best teacher as in any other case. Ideal for: ✅ Traders looking to capitalize on VWAP trend and level. ✅ Traders utilizing Fibonacci levels and Ichimoku trends for structured trades. ✅ Scalpers leveraging levels and trends for quick entries/exits. ✅ Traders who rely on volume-backed trend confirmations. No indicator is perfect so take everything with a pinch of salt. Drop a comment below with your feedback or if you have any question.
Chỉ báo Pine Script®
của vikopine
1
PivotBuilderOverview PivotBuilder is a versatile trading tool that allows traders to create up to eight pivot lines, calculated using moving averages and standard deviation offsets, for enhanced market analysis and trade signal generation. These pivot lines work in conjunction with a trigger line to generate long and short signals based on user-defined parameters. Key features: Build strategies based on interaction between a moving average and any one or more of the 8 pivot lines - all fully configurable. Customizable moving average types for pivot and trigger lines (SMA, EMA, VWMA). Optional global pivot line configuration to simplify parameter adjustments. Signal persistence options: signals can last for only one bar or until the opposite signal is issued. Strategy visualization on chart. Ideal for intraday and swing traders seeking dynamic support/resistance analysis and related strategies. Key Concepts: Customizable Pivot Lines Create up to eight pivot lines with individually adjustable lengths, moving average types, and standard deviation offsets. Optionally enable or disable signal generation for each pivot line. Global Pivot Line Settings Use a single global length for all pivot lines with one input for quicker configuration. Signal Persistence Choose between signals lasting only for the current bar or remaining active until the opposite signal is issued. Chart Highlighting Green background: Long signal is active. Red background: Short signal is active. Alerts Configure alerts for signals via email, Discord, pop-ups, or sound using TradingView's native alert function. Input Parameters Global Settings: Use Global Length for Pivot Lines: Enable this to apply a single length value to all pivot lines. Global Pivot Line Length: The length to apply when the global setting is enabled. Signal Mode: Signal Mode: Select how long signals persist. One Bar Only: Signals last only for the current bar. Until Opposite Signal: Signals remain active until the opposite signal is triggered. Trigger Line: Trigger Line Moving Average Length: Set the length of the moving average for the trigger line. Trigger Line MA Type: Choose the moving average type (Simple - SMA, Exponential - EMA, Volume-Weighted - VWMA). Pivot Lines: Each of the eight pivot lines has the following configurable settings: Length: Define the moving average length. Overrides the global length if global settings are disabled. MA Type: Choose between Simple - SMA, Exponential - EMA, Volume-Weighted - VWMA. Standard Deviation: Set the standard deviation offset for the pivot line. Enable Signal: Turn signal generation on/off for the specific pivot line. Example Strategy on Nasdaq Futures (NQ, 1-minute Chart) Long Signal: A long signal is generated when: The trigger line crosses above Pivot Line, Pivot Line 2, Pivot Line 3, and Pivot Line 4. Short Signal: A short signal is generated when: The trigger line crosses below Pivot Line, Pivot Line 2, Pivot Line 3, and Pivot Line 4. Configuration Example: Global Settings: Use Global Length for Pivot Lines: Disabled (to allow individual lengths for each pivot line). Signal Mode: Until Opposite Signal (signals persist until the opposite signal is triggered). Trigger Line: Trigger Line Moving Average Length: 5. Trigger Line MA Type: EMA (Exponential Moving Average). Pivot Line 1: Length: 20. MA Type: EMA (Exponential Moving Average). Standard Deviation: 0.25. Enable Signal: True. Pivot Line 2: Length: 50. MA Type: EMA (Exponential Moving Average). Standard Deviation: -0.5. Enable Signal: True. Pivot Line 3: Length: 50. MA Type: EMA (Exponential Moving Average). Standard Deviation: 1. Enable Signal: True. Pivot Line 4: Length: 40. MA Type: EMA (Exponential Moving Average). Standard Deviation: 2.0. Enable Signal: True. Set Pivot Lines 5-8 disabled. Signals: Green Highlight: Indicates a long signal is active. Red Highlight: Indicates a short signal is active. Alerts PivotBuilder allows you to set alerts for long or short signals. Here’s how to set them up in TradingView: Add the Indicator: Attach PivotBuilder to your chart. Open Alert Menu: Right-click on the chart and select Add Alert. Condition: Choose your symbol (e.g., NQ) and select PivotBuilder. Alert Options: Crossing: Choose if you want to be alerted for "long" or "short" signals. Notifications: Configure alerts via: Email: Receive email alerts when signals are triggered. Webhook: Set up Discord notifications via webhooks. Pop-ups: Show an on-screen alert in TradingView. Sound: Play a sound when a signal is issued. Create: Save the alert. Signal Persistence: How It Works PivotBuilder gives you control over how long signals remain active: One Bar Only: Signals are active for the current bar only. At the close of the bar, signals reset automatically. Until Opposite Signal: A long signal remains active until a short signal is triggered and vice versa. Useful for trend-following strategies. Development Roadmap Future updates for PivotBuilder will include: New Moving Average Types: Expand the available moving average options for both the pivot and trigger lines. Planned additions include, Weighted Moving Average (WMA), Hull Moving Average (HMA), Least Squares Moving Average (LSMA), and more. Dynamic Volume Filtering: Add volume-based conditions to validate signals during periods of high market activity, filtering out low-liquidity signals. Incorporation of Support/Resistance Calculations: Integrate traditional and alternative methods of support and resistance calculations into pivot lines such as Fibonacci retracements, Average True Range (ATR), volume-profile based support. Automated trading via Strategy companion add-on.
Chỉ báo Pine Script®
của ChartVPS
Bondar Drive v2.1Title: Bondar Drive v2.1 — Real-time print and delta tick volume visualization Description: Bondar Drive v2.1 is a tool for visualizing real-time order flow data. It highlights price movements and volume deltas in an intuitive, easy-to-read format. Indicator can be used in conjunction with the Anchored Volume Profile and Volume Footprint (Type: Total). Features: Real-Time Print Visualization: Displays order flow prints with delta colors for buy/sell dominance. Adjustable size and transparency for varying order thresholds. Volume Delta Analysis: Categorizes orders into Tiny, Small, Session, Large, and Huge based on user-defined thresholds. Provides a tooltip showing order time and price. Customizable Time Range: Keeps prints visible for a specified duration (in seconds). Flexible User Inputs: Adjustable time zones, print sizes, starting bar index, and volume thresholds. Visual Enhancements: Line connections between prints show progression of orders and market direction. How It Works: The indicator gathers volume delta and price data in real time. It dynamically displays circular labels with varying sizes and colors, reflecting the size and type of orders. Labels and lines are automatically removed after the specified time range, ensuring a clean and uncluttered chart. Customization Options: Number of Prints: Control how many prints are displayed. Order Size Filters: Exclude small trades to highlight significant orders. Color Options: Customize print colors, text, and connecting lines. Time Offset: Adjust for your local time zone. Use Cases: Identify order flow imbalances and price levels dominated by buyers or sellers. Track the progression of large orders for better trade execution. Spot market reversals and momentum shifts using real-time prints and delta.
Chỉ báo Pine Script®
của Marvel-Waw-074
5
300-Candle Weighted Average Zones w/50 EMA SignalsThis indicator is designed to deliver a more nuanced view of price dynamics by combining a custom, weighted price average with a volatility-based zone and a trend filter (in this case, a 50-period exponential moving average). The core concept revolves around capturing the overall price level over a relatively large lookback window (300 candles) but with an intentional bias toward recent market activity (the most recent 20 candles), thereby offering a balance between long-term context and short-term responsiveness. By smoothing this weighted average and establishing a “zone” of standard deviation bands around it, the indicator provides a refined visualization of both average price and its recent volatility envelope. Traders can then look for confluence with a standard trend filter, such as the 50 EMA, to identify meaningful crossover signals that may represent trend shifts or opportunities for entry and exit. What the Indicator Does: Weighted Price Average: Instead of using a simple or exponential moving average, this indicator calculates a custom weighted average price over the past 300 candles. Most historical candles receive a base weight of 1.0, but the most recent 20 candles are assigned a higher weight (for example, a weight of 2.0). This weighting scheme ensures that the calculation is not simply a static lookback average; it actively emphasizes current market conditions. The effect is to generate an average line that is more sensitive to the most recent price swings while still maintaining the historical context of the previous 280 candles. Smoothing of the Weighted Average: Once the raw weighted average is computed, an exponential smoothing function (EMA) is applied to reduce noise and produce a cleaner, more stable average line. This smoothing helps traders avoid reacting prematurely to minor price fluctuations. By stabilizing the average line, traders can more confidently identify actual shifts in market direction. Volatility Zone via Standard Deviation Bands: To contextualize how far price can deviate from this weighted average, the indicator uses standard deviation. Standard deviation is a statistical measure of volatility—how spread out the price values are around the mean. By adding and subtracting one standard deviation from the smoothed weighted average, the indicator plots an upper band and a lower band, creating a zone or channel. The area between these bands is filled, often with a semi-transparent color, highlighting a volatility corridor within which price and the EMA might oscillate. This zone is invaluable in visualizing “normal” price behavior. When the 50 EMA line and the weighted average line are both within this volatility zone, it indicates that the market’s short- to mid-term trend and its average pricing are aligned well within typical volatility bounds. Incorporation of a 50-Period EMA: The inclusion of a commonly used trend filter, the 50 EMA, adds another layer of context to the analysis. The 50 EMA, being a widely recognized moving average length, is often considered a baseline for intermediate trend bias. It reacts faster than a long-term average (like a 200 EMA) but is still stable enough to filter out the market “chop” seen in very short-term averages. By overlaying the 50 EMA on this custom weighted average and the surrounding volatility zone, the trader gains a dual-dimensional perspective: Trend Direction: If the 50 EMA is generally above the weighted average, the short-term trend is gaining bullish momentum; if it’s below, the short-term trend has a bearish tilt. Volatility Normalization: The bands, constructed from standard deviations, provide a sense of whether the price and the 50 EMA are operating within a statistically “normal” range. If the EMA crosses the weighted average within this zone, it signals a potential trend initiation or meaningful shift, as opposed to a random price spike outside normal volatility boundaries. Why a Trader Would Want to Use This Indicator: Contextualized Price Level: Standard MAs may not fully incorporate the most recent price dynamics in a large lookback window. By weighting the most recent candles more heavily, this indicator ensures that the trader is always anchored to what the market is currently doing, not just what it did 100 or 200 candles ago. Reduced Whipsaw with Smoothing: The smoothed weighted average line reduces noise, helping traders filter out inconsequential price movements. This makes it easier to spot genuine changes in trend or sentiment. Visual Volatility Gauge: The standard deviation bands create a visual representation of “normal” price movement. Traders can quickly assess if a breakout or breakdown is statistically significant or just another oscillation within the expected volatility range. Clear Trade Signals with Confirmation: By integrating the 50 EMA and designing signals that trigger only when the 50 EMA crosses above or below the weighted average while inside the zone, the indicator provides a refined entry/exit criterion. This avoids chasing breakouts that occur in abnormal volatility conditions and focuses on those crossovers likely to have staying power. How to Use It in an Example Strategy: Imagine you are a swing trader looking to identify medium-term trend changes. You apply this indicator to a chart of a popular currency pair or a leading tech stock. Over the past few days, the 50 EMA has been meandering around the weighted average line, both confined within the standard deviation zone. Bullish Example: Suddenly, the 50 EMA crosses decisively above the weighted average line while both are still hovering within the volatility zone. This might be your cue: you interpret this crossover as the 50 EMA acknowledging the recent upward shift in price dynamics that the weighted average has highlighted. Since it occurred inside the normal volatility range, it’s less likely to be a head-fake. You place a long position, setting an initial stop just below the lower band to protect against volatility. If the price continues to rise and the EMA stays above the average, you have confirmation to hold the trade. As the price moves higher, the weighted average may follow, reinforcing your bullish stance. Bearish Example: On the flip side, if the 50 EMA crosses below the weighted average line within the zone, it suggests a subtle but meaningful change in trend direction to the downside. You might short the asset, placing your protective stop just above the upper band, expecting that the statistically “normal” level of volatility will contain the price action. If the price does break above those bands later, it’s a sign your trade may not work out as planned. Other Indicators for Confluence: To strengthen the reliability of the signals generated by this weighted average zone approach, traders may want to combine it with other technical studies: Volume Indicators (e.g., Volume Profile, OBV): Confirm that the trend crossover inside the volatility zone is supported by volume. For instance, an uptrend crossover combined with increasing On-Balance Volume (OBV) or volume spikes on up candles signals stronger buying pressure behind the price action. Momentum Oscillators (e.g., RSI, Stochastics): Before taking a crossover signal, check if the RSI is above 50 and rising for bullish entries, or if the Stochastics have turned down from overbought levels for bearish entries. Momentum confirmation can help ensure that the trend change is not just an isolated random event. Market Structure Tools (e.g., Pivot Points, Swing High/Low Analysis): Identify if the crossover event coincides with a break of a previous pivot high or low. A bullish crossover inside the zone aligned with a break above a recent swing high adds further strength to your conviction. Conversely, a bearish crossover confirmed by a breakdown below a previous swing low can make a short trade setup more compelling. Volume-Weighted Average Price (VWAP): Comparing where the weighted average zone lies relative to VWAP can provide institutional insight. If the bullish crossover happens while the price is also holding above VWAP, it can mean that the average participant in the market is in profit and that the trend is likely supported by strong hands. This indicator serves as a tool to balance long-term perspective, short-term adaptability, and volatility normalization. It can be a valuable addition to a trader’s toolkit, offering enhanced clarity and precision in detecting meaningful shifts in trend, especially when combined with other technical indicators and robust risk management principles.
Chỉ báo Pine Script®
của brhodes88
1
Adaptive Range Breakout (ARB) IndicatorTitle: Adaptive Range Breakout (ARB) Indicator – Enhanced Mean Reversion with Dynamic Support/Resistance Overview: The Adaptive Range Breakout (ARB) Indicator is designed to help traders identify potential mean reversion and breakout opportunities by leveraging a dynamic range based on recent price action and volatility. This script combines key elements such as Volume Profile analysis, ATR-based volatility adjustments, and an EMA trend filter to create a robust and adaptive trading tool. It aims to capture both trend continuations and reversals while filtering out noise in choppy markets. Justification for Combining Components: HVN (High Volume Node): The core of this indicator is built around a custom VWAP calculation over a defined lookback period, which serves as the HVN line (High Volume Node). The HVN represents a volume-weighted average price, highlighting key levels where significant trading activity has occurred. These levels often act as areas of support or resistance, providing a reliable reference point for traders. ATR-Based Dynamic Support and Resistance: The Average True Range (ATR) is used to adjust the adaptive support and resistance levels around the HVN line. This ensures that the levels dynamically respond to changes in market volatility. The use of ATR helps filter out insignificant price movements and focuses on significant shifts in momentum, making the indicator adaptive to different market conditions. EMA Trend Filter: An Exponential Moving Average (EMA) is applied as a trend filter to distinguish between trending and range-bound market conditions. This filter helps in identifying whether the price movement is in line with the overall trend or if a potential reversal is more likely. By using the EMA crossover signals, the indicator can provide additional confirmation before generating buy or sell signals. Adaptive Breakout and Mean Reversion Signals: The indicator generates buy and sell signals based on the interaction between the price and the adaptive support/resistance levels. It incorporates a volatility filter to ensure that signals are only triggered when the market is sufficiently volatile, reducing the likelihood of false signals during low-volatility periods. Additionally, a cooldown period is implemented to prevent consecutive signals in quick succession, enhancing signal reliability. Key Features: Dynamic Range Levels: The adaptive support and resistance levels adjust based on recent price action and volatility, providing reliable areas for potential reversals or breakouts. Volume-Weighted Analysis: The HVN line, derived from a custom VWAP calculation, highlights key price levels with significant trading activity, helping identify zones of support/resistance. Trend Confirmation: The EMA trend filter helps differentiate between trend-following and mean-reversion signals, providing context for the generated buy and sell signals. Volatility Filtering: The indicator uses ATR to gauge market volatility, ensuring signals are only generated during active market conditions. Signal Cooldown: A customizable cooldown period reduces noise by spacing out signals, especially in choppy market environments. Use Case: The Adaptive Range Breakout (ARB) Indicator is suitable for traders looking to capitalize on both breakouts and mean-reversion opportunities. It is particularly useful in: Range-Bound Markets: The adaptive support and resistance levels help capture reversals in range-bound conditions. Trending Markets: The trend filter and breakout logic allow traders to follow momentum when the price breaks through key adaptive levels. Intraday and Swing Trading: The dynamic nature of the indicator makes it applicable across different timeframes, catering to both intraday and swing traders. Important Considerations: This indicator does not guarantee future performance or provide an infallible prediction of price movements. It is a tool intended to support traders in their decision-making process based on historical price action and market conditions. The effectiveness of the signals may vary depending on the asset, market conditions, and timeframe used. It is recommended to backtest the indicator and use it alongside other analysis techniques. Always exercise caution and use appropriate risk management strategies when trading based on signals generated by this indicator. Alerts: The indicator includes built-in alerts for: Buy Signal Alert: Triggered when the price crosses above the adaptive support level, suggesting a potential reversal or continuation in an uptrend. Sell Signal Alert: Triggered when the price crosses below the adaptive resistance level, indicating a potential reversal or continuation in a downtrend. EMA Crossover Alerts: Alerts for EMA crossover signals, providing additional trend confirmation. This script is a comprehensive tool designed to adapt to market conditions dynamically, combining multiple techniques to create a well-rounded approach to identifying trading opportunities. We encourage users to integrate it into their broader trading strategy and apply it with caution, understanding its strengths and limitations.
Chỉ báo Pine Script®
của TradeTechanalysis
Price Action UltimateThe Price Action Ultimate indicator is an innovative tool designed to provide traders with a comprehensive view of price action based on either volume or touches. By default, the indicator displays touches, offering a unique perspective on price levels that have been frequently interacted with by the market. At its core, the indicator divides the price range of a specified lookback period into a number of rows (default 25). For each row, it calculates either the volume traded or the number of times the price touched that level. This data is then visualized in two ways: as a histogram and as horizontal lines on the chart. The histogram, displayed on the right side of the chart, represents the distribution of touches (or volume) across different price levels. Each bar in the histogram shows the number of touches and the percentage of total touches for that price level. The color of the bars ranges from a user-defined low activity color to a high activity color, providing a quick visual reference for the most active price levels. The horizontal lines drawn across the chart represent the most significant levels based on touches (or volume). By default, the indicator displays the top 3 levels, but this can be adjusted. The thickness of these lines corresponds to the relative importance of each level - thicker lines indicate more touches or higher volume. This feature allows traders to quickly identify key support and resistance levels based on historical price action. One of the most innovative aspects of this indicator is the option to fade older levels over time. When enabled, this feature gradually increases the transparency of lines as they age, with newer levels appearing more prominently. This helps traders focus on the most recent and relevant price action while still maintaining awareness of older, potentially significant levels. The indicator offers flexibility in its display options. Users can choose to show levels based on volume, touches, or both. This allows traders to compare and contrast different perspectives on price action. Additionally, the indicator includes options to display a volume profile and a background fill for the analysis range, further enhancing its visual appeal and informational content. What makes this indicator particularly valuable is its ability to provide a clear, uncluttered view of key price levels without relying on complex calculations or multiple indicators. It distills price action down to its essence - where price has spent the most time or where the most trading activity has occurred. This can be incredibly useful for identifying potential support and resistance levels, areas of consolidation, or possible breakout points. For traders focused on price action strategies, this indicator offers a powerful tool to enhance their analysis. It provides a data-driven approach to identifying significant price levels, which can be used to inform entry and exit decisions, set stop losses, or anticipate potential market reactions. This indicator is a tool to aid in market analysis and should not be used as the sole basis for trading decisions. Always combine multiple forms of analysis and practice proper risk management when trading. Past performance does not guarantee future results.
Chỉ báo Pine Script®
của Julien_Exe
12
nPOC Levels by Tyler### Explanation of the Pine Script This Pine Script identifies and displays weekly naked Points of Control (nPOCs) on a TradingView chart. An nPOC represents a Point of Control (POC) from a previous week that has not been revisited by price action in subsequent weeks. These nPOCs are extended to the right as horizontal lines, indicating potential support or resistance levels. #### Script Overview 1. **Indicator Declaration:** ```pinescript //@version=5 indicator("Weekly nPOCs", overlay=true) ``` - The script is defined as a version 5 Pine Script. - The `indicator` function sets the script's name ("Weekly nPOCs") and specifies that the indicator should be overlaid on the price chart (`overlay=true`). 2. **Function to Calculate POC:** ```pinescript f_poc(_hl2, _vol) => var float vol_profile = na if (na(vol_profile)) vol_profile := array.new_float(100, 0.0) _bin_size = (high - low) / 100 for i = 0 to 99 if _hl2 >= low + i * _bin_size and _hl2 < low + (i + 1) * _bin_size array.set(vol_profile, i, array.get(vol_profile, i) + _vol) max_volume = array.max(vol_profile) poc_index = array.indexof(vol_profile, max_volume) poc_price = low + poc_index * _bin_size + _bin_size / 2 poc_price ``` - The function `f_poc` calculates the Point of Control (POC) for a given period. - It takes two parameters: `_hl2` (the average of the high and low prices) and `_vol` (volume). - A volume profile array (`vol_profile`) is initialized to store volume data across different price bins. - The price range between the high and low is divided into 100 bins (`_bin_size`). - The function iterates over each bin, accumulating the volumes for prices within each bin. - The bin with the maximum volume is identified as the POC (`poc_price`). 3. **Variables to Store Weekly Data:** ```pinescript var float poc = na var float prev_poc = na var line poc_lines = na if na(poc_lines) poc_lines := array.new_line(0) ``` - `poc` stores the current week's POC. - `prev_poc` stores the previous week's POC. - `poc_lines` is an array to store lines representing nPOCs. The array is initialized if it is `na` (not initialized). 4. **Calculate Weekly POC:** ```pinescript is_new_week = ta.change(time('W')) != 0 if (is_new_week) prev_poc := poc poc := f_poc(hl2, volume) if not na(prev_poc) line new_poc_line = line.new(x1=bar_index, y1=prev_poc, x2=bar_index + 100, y2=prev_poc, color=color.red, width=2) label.new(x=bar_index, y=prev_poc, text="nPOC", style=label.style_label_down, color=color.red, textcolor=color.white) array.push(poc_lines, new_poc_line) ``` - `is_new_week` checks if the current bar is the start of a new week using the `ta.change(time('W'))` function. - If it's a new week, the previous week's POC is stored in `prev_poc`, and the current week's POC is calculated using `f_poc`. - If `prev_poc` is not `na`, a new line (`new_poc_line`) representing the nPOC is created, extending it to the right (for 100 bars). - A label is created at the `prev_poc` level, marking it as "nPOC". - The new line is added to the `poc_lines` array. 5. **Remove Old Lines:** ```pinescript if array.size(poc_lines) > 52 line.delete(array.shift(poc_lines)) ``` - This section ensures that only the last 52 weeks of nPOCs are kept to avoid cluttering the chart. - If the `poc_lines` array contains more than 52 lines, the oldest line is deleted using `array.shift`. 6. **Plot the Current Week's POC as a Reference:** ```pinescript plot(poc, title="Current Weekly POC", color=color.blue, linewidth=2, style=plot.style_line) ``` - The current week's POC is plotted as a blue line on the chart for reference. #### Summary This script calculates and identifies weekly Points of Control (POCs) and marks them as nPOCs if they remain untouched by subsequent price action. These nPOCs are displayed as horizontal lines extending to the right, providing traders with potential support or resistance levels. The script also manages the number of lines plotted to maintain a clear and uncluttered chart.
Chỉ báo Pine Script®
của TylerSimpson
2
CVD Divergence Indicator.1.mmAs a member of the K1m6a Lions discussion community we often use versions of the Cumulative Volume Delta indicator as one of our primary tools along with RSI, RSI Divergences, Open interest, Volume Profile, TPO and Fibonacci levels. We also discuss visual interpretations of CVD Divergences across multiple time frames much like RSI divergences. RSI Divergences can be identified as possible Bullish reversal areas when the RSI is making higher low points while the price is making lower low points. RSI Divergences can be identified as possible Bearish reversal areas when the RSI is making lower high points while the price is making higher high points. CVD Divergences can also be identified the same way on any timeframe as possible reversal signals. As with RSI, these Divergences often occur as a trend's momentum is giving way to lower volume and areas when profits are being taken signaling a possible reversal of the current trending price movement. Hidden Divergences are identified as calculations that may be signaling a continuation of the current trend. Having not found any public domain versions of a CVD Divergence indicator I have combined some public code to create this indicator and matching strategy. The calculations for the Cumulative Volume Delta keep a running total for the differences between the positive changes in volume in relation to the negative changes in volume. A relative upward spike in CVD is created when there is a large increase in buying vs a low amount of selling. A relative downward spike in CVD is created when there is a large increase in selling vs a low amount of buying. In the settings menu, the is a drop down to be used to view the results in alternate timeframes while the chart remains on current timeframe. The Lookback settings can be adjusted so that the divs show on a more local, spontaneous level if set at 1,1,60,1. For a deeper, wider view of the divs, they can be set higher like 7,7,60,7. Adjust them all to suit your view of the divs. To create this indicator/strategy I used a portion of the code from "Cumulative Volume Delta" by @ contrerae which calculates the CVD from aggregate volume of many top exchanges and plots the continuous changes on a non-overlay indicator. For the identification and plotting of the Divergences, I used similar code from the Tradingview Technical "RSI Divergence Indicator" This indicator should not be used as a stand-alone but as an additional tool to help identify Bullish and Bearish Divergences and also Bullish and Bearish Hidden Divergences which, as opposed to regular divergences, may indicate a continuation.
Chỉ báo Pine Script®
của mmattman
5
EXOFADEEXOFADE is an incredible trading indicator designed help give traders a visual clue of price momentum by combining Linear regression calculations with volume. Overview: ExoFade is a unique and dynamic trading indicator designed for both beginner and professional traders. At its core, it uses a sophisticated blend of multiple linear regression analysis, incorporating price, time, and volume-weighted moving average (VWMA) to predict potential price movements. By analyzing these key factors, EXOFade offers an innovative approach to understanding market trends and identifying trade opportunities. Why It Works: ExoFade works by calculating a regression line that adapts to market conditions, factoring in both price trends and trading volumes. This approach provides a more nuanced view of market momentum, going beyond traditional price-only indicators. The inclusion of time as a variable offers unique insights into market dynamics, making ExoFade a valuable tool for various trading strategies. Key Features to Look Out For: Regression Line: The heart of ExoFade, offering visual cues about the market's direction. ATR-Based Fade Levels: Utilizes Average True Range (ATR) to set dynamic levels that signal potential reversals or continuation. The indicator comes with three fade levels, which are described below Alert Conditions: You can set up for alerts for when any of the fade levels have been been reached, indicating potential entry points. What Are Fade Levels And How To Use The Enter Trades: The exofade line always moves with price, this indicates that the current volume is moving in the same direction. When you see the exofade start to move ahead of price. For example, in an Uptrend, if price stops making new highs and you see the exofade line continue moving up ahead of price as price stagnates, this is the first time that you should be expecting pull back or reversal. When the line starts to visibly curve, this when you want to enter the trade. Sometimes, the exofade line will move just a little bit ahead of price, and sometimes it will move a clear distance ahead of price. From my experience, the further ahead it moves from price without price keeping up, the higher the probability of a pullback or reversal. The actual pullback then starts when the exofade line starts to curve, which signifies the start if the actual pullback. Since we cannot sit and watch for when the line has either moved further ahead enough or started to curve, thats why i figured to use ATR as the best way to measure the distance the exofade line moves ahead of price and the ATR also happens to measure Volatility, which makes it a perfect match. From forward testing this for months, i have found the pullbacks typically start when the exofade line has moved ahead of price by atleast 2 ATR's. A distance of 2 ATR and above are the ones i consider the best setups. This also marks the point for your stop loss, since 2 ATR is generally used stoploss level. To catch and sell a pullback in an uptrend, you can set alert for one or both of these alerts Fade Level 2 abv price - This alert will trigger once Exofade line reached 2 ATR ABOVE price (Just means it has reached 2 atr, dosent mean it has started curving yet) Curve lvl 2 - SELL - This alert means the exofade line has started to curve at 2 ATR To buy pullbacks in a downtrend you set the opposite alerts of the one above for curve below price There are also same alerts for level 3 as well, which is 2.5 ATR IMPORTANT NOTES - DONT SKIP THIS For daily and intra-day swings - Use this on 1hr trend upwards - The exofade line much slower on higher timeframe, so when you get a curve on a high time frame, like the 4HR or Daily timeframe, those are excellent signals For scalpers trading 1hr below - The exofade moves faster on lower timeframes, so more caution should be used with these on lower timeframes , you this with other confluences like a good momentum oscillator oversold/overbought regions StochRSI, MACD etc EXTRA TIPS - Since the curve forms slower on higher time frames, it means getting a curve the on daily and weekly chart can help in your trend analysis to detect early signs of potential trend reversals -I typically pair this with my customized version of Nadaraya watsons envelope ( a free indicator on tradingview) It will further improve your entry and winrate. Biggest advantage is for setting a profit target. In a buy trade for example, you buy the curve below price and set your profit target for the top band of the nadaraya watson envelope. Very efficient for scalping - Unique areas were you want to pay attention to the exofade is when price enters points of interest, this depending on your trading style could be a -FVG - fair value gaps -Order blocks - Supply / Demand areas -Volume profile Value area High and Value area Low The are two scenarios i would like you to be cautious of 1. As with every indicator and strategy, i most definitely wouldn't use this during high impact news. 2. If price is trending very strongly in one direction only, such that even barely gives any decent pull backs at all. Most especially if that strong push is happening between the 4hr to Daily time frame. Do not attempt to counter those trends unless you know what you are doing. Its not advisable. Instead i'll recommend using the Exofade to catch an entry in the direction of the trade for a continuation. And Lastly Since this indicator uses VOLUME data as part of its calculations. It will not work on any pairs that tradingview does not provide volume data for, like Gold. But it will work normally on Gold Futures, since that has volume data
Chỉ báo Pine Script®
của ExoProtocol
2
Heat profileA trader once told me that top wicks equals sell interest and bottom wicks equals buy interest. If that's true then this indicator tries to organize and visualize this idea. It uses transparent boxes to give the impression of a heat map. Due to limitations of my own skill and possibly pinescript it is not possible to render it in a useful manner using different colors that depicts buy and sell interests respectively. This means it works more like a volume profile in that it mixes the buy and sell interest together in the heat map. This can still be helpful because it help traders focus their attention on areas other than the current price candle. In my limited time of using it, it seems like on the large timeframes the highlighted areas is where the price wants to go, and on small time frames the darkest areas is where the price wants to go. But i will leave it up to any user to spot and use their own patterns with the indicator. Last but not least, the indicator only uses the last 50 candles, which can be too little on a small timeframe. Unfortunately the way i have done it this limitation is hardcoded in the script due to how pinescript works, by editing the code you can increase it. (Put max_boxes_count = x after overlay = true. Maximum number is 500) Hope you enjoy. Have a nice day.
Chỉ báo Pine Script®
của UnknownUnicorn373805
2
MONEY ZONEA volume profile is an advanced charting tool that displays the traded volume at different price levels over a specific period. It helps you visualize where the majority of trading activity has occurred. This indicator is a Market Profiling tool used to analyse the Point of Control (POC) and Value Area (VAH/VAL) on the daily, weekly and monthly timeframes. It also optionally displays historical Value Areas to help find confluence with past data. The Point of Control describes the price level where the most volume was traded. A Naked Point of Control (also called a Virgin Point of Control) is a previous POC that has not been traded. The Value Area is a range of prices where the majority of trading volume took place on the prior trading day. In specific, this area is the range where 70% of the prior day’s volume happened. The value area is approximately one standard deviation above and below the average highest volume price. With this knowledge, there are specific probabilities of market behavior we can understand to digest the value area. The value area gives us an idea of where the smart money is playing ball and where the institutions are guiding the market. From this data, we can derive intra-day strategies that capitalize on market behavior. 🔹 Point of Control (PoC) Point of Control (POC) – The price level for the time period with the highest traded volume 🔹 Value Area (VA) Value Area (VA) – The range of price levels in which the specified percentage of all volume was traded during the time period.
Chỉ báo Pine Script®
của Game_0f_Pivot
42
PhantomFlow DynamicLevelsThe PhantomFlow Dynamic Levels indicator analyzes the dynamic volume over the period specified in the Period field. Channel boundaries can be used as dynamic support and resistance levels when trading within a range. The POC level also serves as a level at which the price may react during trend movements. The Period Multiplier parameter affects how many dynamic levels will be displayed. The Accuracy parameter influences the precision of volume calculations. These levels are crucial for intraday traders as they serve as support or resistance. The Value Area zone includes 70% of the traded volume over the selected period. In other words, it represents the price region where the majority of traders believe the fair value for the asset lies. The indicator's name, Dynamic Levels, aptly captures its essence. It analyzes trading volume at various price levels, tracking the sentiment dynamics of traders. When the asset's price decreases or increases as a result of trading, the Dynamic Levels indicator displays a new level on the chart. This results in a plotted line on the chart, allowing us to observe the movement dynamics of both the value area and the maximum volume level. Standard indicators do not provide real-time visibility into level shifts, making the use of the Dynamic Levels indicator a competitive advantage in market trading across any time frame. We borrowed the volume profile calculation code from @LonesomeTheBlue. Thank you for the work done!
Chỉ báo Pine Script®
của PhantomFlow
2
Professional Zones - Institutional Demand and Supply Imbalances Intro to Supply and Demand Zone Technical Analysis Supply and demand is an increasingly common strategy among day and swing traders in equity, forex, and the futures markets. The goal of analyzing supply and demand zones is to pre-determine where price action may pivot before that pivot happens, thus giving us an edge over the market. There are many unique charting/trading strategies that fit under the supply and demand umbrella, however we are going to focus primarily on Institutional Zones of Demand and Supply Imbalances, as this is what our TradingView indicator actively displays. What are Institutional Zones of Demand and Supply Imbalances? First, let’s break down the phrase above. The first word is ‘institutional’, which is a key aspect in our trading. As a retail trader, you must understand that retail traders (individual traders like you and I) have very little control and very little effect on price action in the major markets. The price action that we see everyday is caused by large institutions and hedge funds buying and selling equities in massive quantities. This chart displays the price action for ES, which is the S&P500 E-mini futures . At the time this guide was created, that chart for ES displays the low of this year (2022). You can see major highs and major lows, as well as steep drops and momentous runs. Price action like this appears random to the naked eye, however it is all controlled by major institutions. These institutions place large buy and sell orders for markets such as the S&P 500 Index which causes these moves. Our Institutional Demand and Supply Analysis attempts to discover the price zones where institutions have placed their buy/sell orders. Their buy orders create “demand zones”. And their sell orders create “supply zones”. Knowing where these zones exist allows us to anticipate price trend reversals so we can profitably participate in them alongside the major institutions when these key moves take place. We are looking for areas in the chart where institutions have created major imbalances (more buy orders than sell orders or vice versa) which creates demand and supply zones that impact price action and trend reversals in predictable ways. What Causes These Supply and Demand Zones? Understanding that institutions control the price of the markets is crucial for understanding how these zones of supply and demand imbalances are formed, and it can be derived from historical price action. There are two types of price action, balanced and imbalanced. Balanced price action is flat, consolidatory price action where the overall direction is sideways. Imbalanced price action is an exaggerated move in price either up or down. Now here is the key: institutional supply and demand imbalances are formed when price action goes from balanced to imbalanced. Below is an example of balanced price action . There are clearly areas of institutional buy and sell orders that are causing price action to oscillate between the areas of demand and supply. The longer price action consolidates and moves sideways, the larger the volume profile will be in this range. In other words, more institutional orders will build up as price remains relatively the same for a longer period of time. Here is how a demand zone is formed : Due to bullish CPI news, price action went from balanced to imbalanced by exploding to the upside. This bullish price action filled all of the sell orders and broke past the previous area of supply. Because price moved up so fast, the buy orders did not get a chance to fill, essentially leaving an area with a high concentration of buy orders remaining. Hence, a new demand zone is formed which is shown here . Our state-of-the-art indicator automatically scans for these historical shifts in price action (balanced to imbalanced) via our supply and demand zone detection formula, and displays them on your chart instantly. Remember the first image sent of blank price action? Here it is below: The image below shows the exact same chart of ES, however, our advanced Professional Zones - Institutional Demand and Supply Imbalances indicator has been applied to the chart. Just like that, price action has been transformed from unexplainable chaos to an orderly sequence of demand bounces and supply rejections. Yes, all of these zones may be charted manually if one were to acquire the knowledge required to chart them by hand, and spend numerous hours going back in time to find all these zones. Additionally, these charts would then have to be constantly monitored and updated, which would require hours of work each day. This powerful indicator automates all of that work to give you more precious time to analyze and trade these zone-driven pivots in the markets. How To Measure the Strength of Supply and Demand Zones? The longer the consolidation takes place, the larger the demand/ supply zone will be. This strength is measured by the time frame of the origin of the zone. Each zone may be formed on a different time frame, the biggest being the 1 Month time frame, and the smallest being the 30 Minute. Each supply and demand zone is automatically labeled based on the time frame from which the zone originated. The weakest zones are derived from the 30 minute time frame. This means the zone only took two 30 minute candles to form, which is not a lot of time for institutions to place large orders. This means that the bounces and rejections off of these zones will usually be smaller, and usually won’t last more than a few days. Larger zones such as 1 Day, 1 Week, and 1 Month often cause large swings in the market lasting weeks, months and even years. So pay attention not just to where the demand and supply zones currently appear, but also to the strength of that zone. You can see below that the demand zone that the market bottomed in and reversed out of in 2022 was in fact, a very strong weekly zone. What is the Significance of Supply and Demand Zone Breaks? These zones are order-based. This means that a supply zone level doesn’t turn into demand when price action breaks above it, and demand doesn’t turn into supply when price action breaks below it. It is unlike standard trend-based support and resistance levels. If price action breaks below demand by even $0. 01 , all of the buy orders have been filled and the demand must be deleted from the chart (and vice versa for a supply zone ). While it is possible to play these zone breaks as continuation plays off of current momentous price action, it is unpredictable how far price will go up or down after breaking supply or demand during that leg. However, in my years of supply and demand experience, I have noticed that if demand breaks, the market will eventually come down to the next viable demand zone . This is because without a pivot caused by an institutional-created demand or supply imbalance, there is often not enough participation to cause a sustainable trend reversal for a long period of time. Below is an example of this: Above is the 4 Hour chart of TSLA bouncing up off of a demand zone . We call this a bounce in “no man's land”, as there is no major demand bounce to support this reversal to the upside. So in theory, price action should return lower to the next major historical zone of demand before it has a chance of pulling off a solid reversal. Here is what happened: As you can see above, TSLA did indeed end up heading back down into the next major demand zone before getting a sustainable reversal to the upside. So you may play these supply and demand zone breaks as continuation trades, either long or short, with a price target at the next major zone. Just make sure to use proper risk management and position sizing, as timing the trigger of a price target can be difficult. How Might I Place a Trade Using the Indicator? Now that the basics of institutional supply and demand zones have been discussed, there will come a time that this strategy must be actively applied to personal trading with a goal of becoming profitable. Here is a step-by-step process to place a trade using supply and demand paired with an example of a day trade from the 1 minute time frame. Step 1: Find a highly institutionally traded stock that is currently in supply or demand as shown by our indicator. For example, AAPL: Step 2: Look for an above-average (exaggerated) volume spike. Because we are in one of the green zones at the bottom of the chart, we know that we are in demand where large institutional buy orders reside. We need to wait for some of these orders to actually fill before we take our trade. This is known as volume confirmation. The color of the volume usually does not matter in this situation. Step 3: Now that we have a volume spike which is confirmation of large orders being filled, we need more confirmation that the institutional orders are not only a buy, but large enough to actually reverse the current trend. This is ultimately a judgment call. A few green candles may be good enough to dictate a reversal, or a trend break. It comes down to personal preference and how aggressive you would like to be. Keep in mind, the longer you wait, the more confirmation your trade has, but also, the longer you wait, the greater the risk of missing the new trend. In this example, we will use a trend line to confirm our trend reversal. Step 4: Enter the trade. Now that you have proper demand confirmation, you may place your trade. Be sure to determine your stop loss, price target, position size, and all other risk management factors along the way. In this example, AAPL ran all the way up to supply before rejecting; making for a perfect demand to supply call trade. Also, more short trade entries could have been taken based off of the multiple supply rejections AAPL had. The Bottom Line There are many ways one may go about trading the stock market. However in my years of trading and teaching, there has never been a strategy that has not only changed my career, but improved the trading careers of my students, more dramatically than Institutional Zones of Demand and Supply Imbalances. Though charting new zones and deleting broken ones everyday was time consuming and repetitive, the results of trading these zones made it well-worth the hours of charting. However, after months of development and fine-tuning, the painful charting process has been automated by this powerful indicator, completely replacing the tedious charting work for myself and my students. While numerous other indicators include the name “Supply and Demand Zones”, we believe that no supply and demand indicator remotely this advanced and accurate available on TradingView. I am very blessed to finally bring this revolutionary tool to the market. Introduction to the Aurora Demand and Supply Indicator for TradingView and its Functionality This page is dedicated to providing a thorough walk-through of our Professional Zones - Institutional Demand and Supply Imbalances indicator. The settings functionality, customizability, and purpose will be discussed to give you an in-depth understanding of the indicator. Understanding the purpose of the different functions and settings is crucial to utilizing this powerful tool at its full potential. First Look Upon Indicator Addition After purchasing the indicator, your chart may initially appear cluttered, zoomed out, and hard to read. But do not worry, it just means the indicator settings must be fine-tuned to optimize your experience. Tt may appear overwhelming. However this page will discuss each major customizable setting and the functionality behind it to streamline your TradingView set up. Filter Options Settings Category This is the first customizable feature that appears when accessing the settings of the indicator. What Filter Zone Ranges does is allow you to filter the range at which zones appear both above and below the current asset price. With this setting unchecked, every single demand and supply zone within the 5k candle limit (or 20k limit if you have a premium TradingView account) will appear on your chart. This causes chart clutter which limits the visibility of price action. If you have this setting activated, you can choose exactly the range of zones visible to you. This range is percent based and is measured both above and below the current market price. For example, if you activate Filter Zone Ranges and set the Filter Percentage at 7%, only zones within the range of 7% above, and 7% below the current asset price will be shown. Demand/ Supply Zone Options Settings Category The next two categories contain the majority of the customizability for supply and demand zones. The first option in both the Demand/ Supply Zone Options is Create Demand/Supply Zones. This toggle is very straight forward, you may choose whether or not to display all demand zones, or all supply zones. The next two options are Demand/ Supply Zone Border and Demand/ Supply Zone Fill. Again, these are straight forward. The border setting allows you to edit both the color and opacity of the zones’ border lines. The fill setting allows you to edit the color and opacity of the interior of the supply/demand boxes. Following the first pair of visual settings, you will see Demand/ Supply Zone Box Offset. This allows you to toggle how much the indicator offsets each zone from its origin point. In other words, move it to the left or right from the point in time at which the zone was created. The 0 offset is the base setting which is actually a slight offset to the right of the origin point to ensure that the candlesticks remain unobstructed visually. After the offset options, you will find Demand/ Supply Zone ERC Multiple. This is a key setting which inputs the value our formula utilizes to scan the areas of institutional supply and demand imbalances. Unless you are extremely experienced with supply and demand analysis or you are running backtesting, it is highly recommended this value is left at ‘2’ for both the demand and supply options. The next two options you will see in your indicator settings are Extend Demand/ Supply Zone and Demand/ Supply Zone Size. This feature allows you to customize exactly how far your zones will extend from the point of origin into the future. The three options on the drop down menu are Extend, Fixed, and Dynamic. Each of these options extend your zones in a different fashion. It is important to note that the value inputted in the size option is the amount of units the zones will extend to the right for both Fixed and Dynamic options. The larger this input is, the further out the zones will extend into the future, and vice versa. The final setting in the Demand/ Supply Zone Options category is Broken Zones to Keep and Broken Demand/ Supply Zone Fill. The Broken Zones to Keep input allows you to see recent supply or demand zones that have been broken and deleted from your chart. This may be useful for a trader in a few different ways. The Broken Demand/ Supply Zone Fill setting allows you to customize the number of broken zones displayed as well as their color and opacity. The most prominent example of this option’s utility is for traders that do not observe price action during the entirety of the market open. If an individual left their charts for a few hours and missed a demand break, it may give the illusion that there was never a demand there and price action has been in “no-man's land” all day. However if that individual inputted ‘1’ in the Broken Zones to Keep setting, they would be able to see that a demand has broken. This may be useful as the trader may have an altered sentiment after knowing that a zone did in fact break. Note: the value inputted is the amount of previously broken zones that will appear on your chart. For example, if the value ‘3’ is inputted, the three most recently broken zones will appear on your chart. Time Frame Options Settings Category Time Frame Options Settings allows you to toggle which supply and demand zones appear on your chart by time frame. For example, if you are analyzing a chart on a larger time frame such as the daily or weekly, the small 30 minute and 45 minute zones will often clutter your chart. By deselecting the weaker and smaller time frame zones, it will clean your chart up, allowing you to only see the zones that assist your analysis. However the first two options in the category are unique.The first is Show Forming Zones. This option is extremely useful if you are watching price action play out live, when seeing the possibility of a supply or demand zone forming may be of benefit during your day trading. By toggling this setting ON, you will see all possible supply and demand zones forming in real time. However, this could cause clutter if multiple zones are forming at once in which case, toggling it off may be more beneficial. The second option in the Timeframe Options category is the Show Zones Inside toggle, which controls the table at the top right of your screen (you may get rid of this table by deselecting tables in display settings). This setting simply is a “yes” or “no” as to whether or not the table located at the top right of your screen will display the number of zones price action is currently sitting in. This setting is useful as zones may sometimes pile up on top of one another, making it hard to know exactly how many zones price action is currently sitting in. Gap Options Settings Category Just below the Timeframe Options category, is the Gap Options category. Gaps appear when two daily candles highs and lows do not overlap. These are often created when a catalyst is released into the market overnight causing a large move, resulting in a “gap” up or down the next morning. A Gap often forms due to a strong move to the upside, and the indicator highlights this gap with a gray box. Gaps are important to many traders as there is often a large lack of liquidity inside the gap area, which often acts as a magnet that attracts future price action to fill it. If toggled on, the indicator displays the gap among the supply and demand zones seamlessly. The rest of the settings for this category are options to customize the color, opacity, size, and offset. These have the same effect as the options in the Demand/ Supply Zone Options category. Text Options Settings Category The final category in the indicator input settings is Text Options. This category allows you to toggle zone labeling on or off, and to specify how you would like the zone labels to appear. It’s strongly recommended that zone labeling is left ON because knowing the time frame a supply or demand zone originated from is a massive indicator of its strength. Top right alignment causes labeling such as “3H” to appear at the top right of each zone. Indicator Data Limitations There are a few limitations of TradingView which impact the Professional Zones - Institutional Supply and Demand Imbalances indicator. The first is the data TradingView provides to its users. With a basic TradingView account, a user only has access to 5,000 candles of data. So if a user is on the 1 minute time frame, that user can only see 5,000 candles before that current point. This is important because our advanced indicator scans historical price action that has formed supply and demand zones and displays it on your chart. This means that if a user is on a 1 minute time frame chart, they will only be able to see zones formed within the last 5,000 candles. Older supply and demand zones can not be displayed. However if a user has the Premium TradingView subscription, they can access up to 20,000 candles, which greatly increases the potential zones the user may see on the smaller time frames. To counter this, we strongly recommend checking the larger time frames before starting your trading day, as there could be an old zone lurking behind the scenes. Once you spot it on the 30 minute time frame, for example, you may easily take note of the demand zone and its location. The Bottom Line This indicator has been intricately and powerfully designed to not only display institutional supply and demand imbalances more accurately and efficiently than any other TradingView indicator, but it has also been designed to give the user full control. Full control means the user has the ability to customize the appearance and inputs, as well as toggle specific objects visible to the trader. We have meticulously designed the Professional Zones - Institutional Supply and Demand Imbalances indicator to be extremely valuable as a stand-alone strategy, as well as versatile enough to incorporate multiple other trading strategies on top of supply and demand . However, in order for this indicator to be utilized by you at its full potential, it is important that you understand all of its features, capabilities and configuration options before you dive into trading.
Chỉ báo Pine Script®
của Bryces_TA
38
Largest Candle Profile - Selection ToolLargest Candle Profile A simple script that finds the largest candle between a user's defined area. Search for the largest candle (high-low), largest body (open-close) or largest wick between any selected area. How To Use: Anchor pivot A and B on the area of choice. Indicator can be used to detect levels of interest. Coded to be used with anchored vwap, flexible volume profile or liquidity gaps. In action:
Chỉ báo Pine Script®
của geneclash
7
RSI Effective Volume Reversal IndicatorAbout The Indicator I want to start with a few short paragraphs of how this indicator came to be and why it's different than 80% of the indicators on this platform. If you are just interested in how the indicator works, you can skip the story, although I recommend at least skimming through it. Originally, this indicator was developed to be part of a trend-trading strategy that analyzed the three main components - Price , Volume and Strength . It was broken down to 2 indicators - on-chart and off-chart, similarly to my first premium indicator "Trend Indicator for Directional Trading". Despite the similar concept, the current one is miles ahead in almost any regard. As most of you know, strategies (especially the really good ones) are fairly more complex to use and navigate. You need to input the parameters for generating and tweaking the indicator, then you need to enter your risk management parameters like stop loss, position size, etc. and finally you need to set the exit criteria, like specified percent target, trial stop or an indicator condition. So, what was supposed to be a simple strategy that anyone can use and make money with, turned out to be a very complex one with over 20 parameters to tweak. I know from experience that when it comes to trading, less is more. This is especially true for the indicators. As a result, I decided to split the project into two separate strategies - one for trend/directional trading and one for volume and strength (the one you are looking at right now). The problem was that as a standalone strategy it didn't perform all that well. And it shouldn't come as a surprise to anyone who has been trading long enough - divergences are one of the biggest tricksters there are - easy to identify only in hindsight. They are the new-trader's doom. I lost a decent amount of money chasing tops and bottoms through divergences and for that reason it's always been somewhat a goal of mine to create an indicator that can assist in this conquest (call it a personal vendetta). This indicator comes as close as I've ever been to this goal. Right, but I just said a few lines above that this indicator doesn't work that well for divergences? That's true, but only if you completely automate it and let it buy every bullish and sell every bearish divergence. I have extensively tested it on the securities I actively trade (SPX500, Crude Oil, Gas, Gold, Copper) and with the right settings it does generate positive return (what strategy wouldn't with enough optimization, right?), but I would have made so much more money if I didn't fight the trend. So, I decided to do something else - convert the strategy back to an indicator and use it for discretional trading in which it assists (not explicitly tell) me in making the decisions. And oh boy, did I hit the sweet spot there! It has been notoriously difficult for most scripts and indicators to identify proper support and resistance levels or at least not nearly as good as the human eye can do. This is especially the case with ascending and descending channels. Seeing how well it worked in helping me open longs and shorts at key levels, I decided to strip it from all unnecessary features and simplify the interface for easier navigation (about 300 lines of code less). This brings me to my next point. How Does It Work? The indicator relies on two main components in order to identify reversals - RSI module and Effective Volume module, hence the name RSI Effective Volume Reversal Indicator (not very creative, I know). You select which one you want to display via the dropdown menu. Now let me outline how each one works. RSI module (top) - similarly to the traditional RSI, it is bound between 0 and 100. Oversold area is marked in green (15-25) and overbought area is marked in red (75-85). You can change those as you please, but I found those to be the perfect spots for identifying potential opportunities. This is where the similarities end. As you've noticed, it's not nearly as choppy as the traditional RSI, just the opposite - it's rather smooth, resembling Heikin-Ashi candles. Further, the way the candle is formed can indicate if we are approaching a top or bottom and if you should be looking for an opportunity to open a trade against the trend. Believe it or not, I've been developing and using this indicator for the past 6 months, so there's a lot to be said about the formation of those candles with clear examples, but I will leave those for the guide book that comes along with each purchase/subscription. Effective Volume (bottom) - As I already have developed quite an extensive indicator that utilizes the effective volume profile, I just grabbed certain elements from it, simplified it and smoothed it via a new custom-made moving average along with some other minor updates. The results from RSI and Effective Volume may seem quite similar, but they actually reveal slightly different information and can be used to complement each other. In terms of coloring - green gradient above 50 and red gradient below 50. What To Expect It's important to understand that technical analysis does not predict prices. I am not claiming this indicator to be the crystal ball that will tell you when to long or short with max leverage. All I am saying is that it's a pretty good tool to help you time your trades, show real exhaustion of trends and reveal when a new direction is forming. This indicator has been, and most likely will continue to be, work in progress. I've been experimenting with tons of features to make it better for the past 6 months and I finally believe it is stable and beneficial enough in order for you to use it. There's always something more that I would like to add and/or change, but I know that if I continue digging and improving, the indicator would have never seen the light of day. That's why I want to add the critical component to it - you. Through your feedback and recommendations, I believe we can make this indicator truly a masterpiece. With that being said, I do have some future improvements planned, which I will be releasing on the go. Some are major, like updating it to v.5 and adding new features that are only available to the newest version of PineScript, while others are minor, such as color variations and more one-click customizations. I hope I managed to portray an objective picture (with reasonable amount of words) of something that I've put a lot of work into, so that you can successfully use and make even more money on the markets. Once again, each purchase/subscription of this indicator comes with a guide in which I go into great detail explaining how to use the indicator, so rest assured that you will be able to take full advantage of it.
Chỉ báo Pine Script®
của Quant_
7
Mayfair Volume Stochastic 1.0This indicator takes some of the simple tools such as RSI and Stochastic, and provides information of the macro picture for both trending and non-trending markets; The Relative Strength Index part of the indicator is standard and is used in technical analysis that ranges between zero and one (or zero and 100 on some charting platforms. This indicator has the ability to change between multiple settings; Elders Force Index, Money Flow Index, On Balance Volume & Price Volume Trend. The Stochastic part is measuring not only the conventional Stochastic K – but also the accumulation/distribution and this is used with the volume bars at the bottom. All are uniquely combined to give “False bar” signals when certain criteria is met – this is visualised by the Green turning Red on the upper and lower boundaries of the indicator. When Red, the trend is false, when green the trend is trending. It’s a unique view of the market, confirmation of trend (false or not) inclusive of the volume profile across the bottom. Colour set to Red (Bearish), Green (Bullish) and Grey is undecisive volume.
Chỉ báo Pine Script®
của Paul_Varcoe
4
VWAP OscillatorToday I'm proposing a simple VWAP oscillator script to trade buy and sell waves more easily. You trade this similar to how you trade Awesome Oscillator, so if you want an explanation just look up YT videos. In addition to that, this will also show volume squeezes, please note that this is a makeshift way and not real volume squeeze phenomena of volume profile and tape. None the less, it is quite good at allowing you to ride out good trending waves and locate weak price action due to volume squeeze. You can turn off bar coloring from settings if you don't want this. For ease of reading, I've also applied Allenstars Dynamic zones on this indicator so you can easily locate where the reading is entering in long and where it is in sell, this is compared to selected sample size. I've already selected the most common setting for that, so you don't really need to fiddle with it unless you find something better. This indicator can be used to trade divergences as well, in fact, I feel it is better for that compared to RSI/MACD, the usual suspects. Past performance is not assurance of future performance and this idea is published for only educational purposes, author taken no responsibility for your profit or loss.
Chỉ báo Pine Script®
của Pratik_4Clover
13
Pre-Market Volume ProfileThis indicator displays the pre-market volume (note: without the post-market of the previous day). Unusual pre-market volume often indicates that institutional market makers are moving the market, which is a good sign for unusual high price movement. The indicator helps me to spot stocks, if a pre-market gap is confirmed with enough (unusual) volume. You can define, what "unusual" means by you, by adjusting the SMA length and the SMA multiplier. The default is a length of 21 bars and a 2.5 multiplier, meaning I'm interested in a stock, if the pre-market volume exceeds the average pre-market volume by 2.5 times.
Chỉ báo Pine Script®
của Clansi
27