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Supportandresistancezones

Clean Pivot Lines with AlertsTechnical Overview This Script is designed for detecting untouched pivot highs and lows. It draws horizontal levels only when those pivots remain unviolated within a configurable lookback window and removes them automatically upon price breaches or sweeps. Key components include: Pivot detection logic : Utilizes ta.pivothigh()/ta.pivotlow() (or equivalent via request.security for HTF) with parameterized pivotLength to ensure flexibility and adaptability to different timeframes. Cleanliness filtering : Checks lookbackBars prior to line creation to skip levels already violated, ensuring only uncontaminated pivots are used. Dynamic level tracking : Stores active levels in arrays (highLines, lowLines) for continuous real-time monitoring. Violation logic : Detects both close-based breaks (breakAbove/breakBelow) and wick-based sweeps (sweepAbove/sweepBelow), triggering alerts and automatic teardown. Periodic housekeeping : Every N (10) confirmed bars, re-verifies “clean” status and removes silently invalidated levels—maintaining chart hygiene and avoiding stale overlays. Customization options : Supports pivot timeframe override, colors, line width/style, lookback length, and alert toggling. Utility This overlay script provides a disciplined workflow for drawing meaningful support/resistance levels, filtering out contaminated pivot points, and signaling validations (breaks/sweeps) with alerts. Its modular design and HTF support facilitate integration into systematic workflows, offering far more utility than mere static pivot plots. Usage Instructions 1. Adjust `pivot_timeframe`, `pivot_length`, and `lookback_bars` to suit your strategy timeframe and volatility structure. 2. Customize visual parameters as required. 3. Enable alerts to receive in-platform messages upon pivot violations. 4. Use HTF override only if analyzing multi-timeframe pivot behavior; otherwise, leave empty to default to chart timeframe. Performance & Limitations - Pivot lines confirmation lags by `pivot_length` bars; real-time signals may be delayed. - Excessive active lines may impact performance on low-TF charts. - The “clean” logic is contingent on the `lookback_bars` parameter; choose sufficiently high values to avoid false cleanliness. - Alerts distinguish between closes beyond and wick-only breaches to aid strategic nuance.
Chỉ báo Pine Script®
của BaidehnXBT
6
Nifty Smart Zones & Breakout Bars(5min TF only) by Chaitu50cNifty Smart Zones & Breakout Bars is a purpose-built intraday trading tool, tested extensively on Nifty50 and recommended for Nifty50 use only. All default settings are optimised specifically for Nifty50 on the 5-minute timeframe for maximum accuracy and clarity. Why Last Bar of the Session Matters The last candle of a trading session often represents the final battle between buyers and sellers for that day. It encapsulates closing sentiment, influenced by end-of-day positioning, profit booking, and institutional activity. The high and low of this bar frequently act as strong intraday support/resistance in the following sessions. Price often reacts around these levels, especially when combined with volume surges. Core Features Session Last-Candle Zones Plots a horizontal box at the high and low of the last candle in each session. Boxes extend to the right to track carry-over levels into new sessions. Uses a stateless approach — past zones reappear if relevant. Smart Suppression System When more than your Base Sessions (No Suppression) are shown, newer zones overlapping or within a proximity distance (in points) of older zones are hidden. Older zones take priority, reducing chart clutter while keeping critical levels. Breakout Bar Coloring Highlights breakout bars in four categories: Up Break (1-bar) Down Break (1-bar) Up Break (2-bar) Down Break (2-bar) Breakouts use a break buffer (in ticks) to filter noise. Toggle coloring on/off instantly. Volume Context (User Tip) For best use, pair with volume analysis. High-volume breakouts from last-session zones have greater conviction and can signal sustained momentum. Usage Recommendations Instrument: Nifty50 only (tested & optimised). Timeframe: 5-minute chart for best results. Approach: Watch for price interaction with the plotted last-session zones. Combine zone breaks with bar color signals and volume spikes for higher-probability trades. Use suppression to focus on key, non-redundant levels. Why This Tool is Different Unlike standard support/resistance plotting, this indicator focuses on session-closing levels, which are more reliable than arbitrary highs/lows because they capture the final market consensus for the session. The proximity-based suppression ensures your chart stays clean, while breakout paints give instant visual cues for momentum shifts.
Chỉ báo Pine Script®
của chaitu50c
3
Momentum_EMABand📢 Reposting Notice I am reposting this script because my earlier submission was hidden due to description requirements under TradingView’s House Rules. This updated version fully explains the originality, the reason for combining these indicators, and how they work together. Follow me for future updates and refinements. 🆕 Momentum EMA Band, Rule-Based System Momentum EMA Band is not just a mashup — it is a purpose-built trading tool for intraday traders and scalpers that integrates three complementary technical concepts into a single rules-based breakout & retest framework. Originality comes from the specific sequence and interaction of these three filters: Supertrend → Sets directional bias. EMA Band breakout with retest logic → Times precise entries. ADX filter → Confirms momentum strength and avoids noise. This system is designed to filter out weak setups and false breakouts that standalone indicators often fail to avoid. 🔧 How the Indicator Works — Combined Logic 1️⃣ EMA Price Band — Dynamic Zone Visualization Plots upper & lower EMA bands (default: 9-period EMA). Green Band → Price above upper EMA = bullish momentum Red Band → Price below lower EMA = bearish pressure Yellow Band → Price within band = neutral zone Acts as a consolidation zone and breakout trigger level. 2️⃣ Supertrend Overlay — Reliable Trend Confirmation ATR-based Supertrend adapts to volatility: Green Line = Uptrend bias Red Line = Downtrend bias Ensures trades align with the prevailing trend. 3️⃣ ADX-Based No-Trade Zone — Choppy Market Filter Manual ADX calculation (default: length 14). If ADX < threshold (default: 20) and price is inside EMA Band → gray background marks low-momentum zones. 🧩 Why This Mashup Works Supertrend confirms trend direction. EMA Band breakout & retest validates the breakout’s strength. ADX ensures the market has enough trend momentum. When all align, entries are higher probability and whipsaws are reduced. 📈 Example Trade Walkthrough Scenario: 5-minute chart, ADX threshold = 20. Supertrend turns green → trend bias is bullish. Price consolidates inside the yellow EMA Band. ADX rises above 20 → trend momentum confirmed. Price closes above the green EMA Band after retesting the band as support. Entry triggered on candle close, stop below band, target based on risk-reward. Exit when Supertrend flips red or ADX momentum drops. This sequence prevents premature entries, keeps trades aligned with trend, and avoids ranging markets. 🎯 Key Features ✅ Multi-layered confirmation for precision trading ✅ Built-in no-trade zone filter ✅ Fully customizable parameters ✅ Clean visuals for quick decision-making ⚠ Disclaimer: This is Version 1. Educational purposes only. Always use with risk management.
Chỉ báo Pine Script®
của laraibislam
Previous Day High/Low Levels [OWI]📘 How to Use the “Previous Day High/Low Levels ” Indicator This TradingView indicator automatically tracks and displays the previous day's high and low during the Regular Trading Hours (RTH) session. It’s perfect for traders who want to visualize key support/resistance levels from the prior day in futures like CME_MINI:NQ1! and COMEX:GC1! . 🛠 Setup Instructions 1. Customize RTH Session Times - In the Settings panel, adjust the following under the Levels group: - RTH Start Hour and RTH Start Minute: Default is 9:30 AM (New York time). - RTH End Hour and RTH End Minute: Default is 4:15 PM. - These define the active trading session used to calculate the day’s high and low. 2. Toggle Labels - Use the Show PDH/PDL Labels checkbox to display or hide the “PDH” and “PDL” labels on the chart. - Labels appear after the session ends and follow price dynamically. 📊 What the Indicator Does - During the RTH session: - Tracks the highest and lowest price of the day. - After the session ends: - Draws horizontal lines at the previous day’s high (green) and low (red). - Optionally displays labels ("PDH" and "PDL") at those levels. - Lines extend into the current day to help identify potential support/resistance zones. ✅ Best Practices - Use this indicator on intraday timeframes (e.g., 5m, 15m, 1h) for best results. - Combine with volume or price action analysis to confirm reactions at PDH/PDL levels. - Adjust session times if trading non-US markets or custom hours.
Chỉ báo Pine Script®
của onewayinvestment_hk
Hann Window FIR Filter Ribbon [BigBeluga]🔵 OVERVIEW The Hann Window FIR Filter Ribbon is a trend-following visualization tool based on a family of FIR filters using the Hann window function. It plots a smooth and dynamic ribbon formed by six Hann filters of progressively increasing length. Gradient coloring and filled bands reveal trend direction and compression/expansion behavior. When short-term trend shifts occur (via filter crossover), it automatically anchors visual support/resistance zones at the nearest swing highs or lows. 🔵 CONCEPTS Hann FIR Filter: A finite impulse response filter that uses a Hann (cosine-based) window for weighting past price values, resulting in a non-lag, ultra-smooth output. hannFilter(length)=> var float hann = na // Final filter output float filt = 0 float coef = 0 for i = 1 to length weight = 1 - math.cos(2 * math.pi * i / (length + 1)) filt += price * weight coef += weight hann := coef != 0 ? filt / coef : na Ribbon Stack: The indicator plots 6 Hann FIR filters with increasing lengths, creating a smooth "ribbon" that adapts to price shifts and visually encodes volatility. Gradient Coloring: Line colors and fill opacity between layers are dynamically adjusted based on the distance between the filters, showing momentum expansion or contraction. Dynamic Swing Zones: When the shortest filter crosses its nearest neighbor, a swing high/low is located, and a triangle-style level is anchored and projected to the right. Self-Extending Levels: These dynamic levels persist and extend until invalidated or replaced by a new opposite trend break. 🔵 FEATURES Plots 6 Hann FIR filters with increasing lengths (controlled by Ribbon Size input). Automatically colors each filter and the fill between them with smooth gradient transitions. Detects trend shifts via filter crossover and anchors visual resistance (red) or support (green) zones. Support/resistance zones are triangle-style bands built around recent swing highs/lows. Levels auto-extend right and adapt in real time until invalidated by price action. Ribbon responds smoothly to price and shows contraction or expansion behavior clearly. No lag in crossover detection thanks to FIR architecture. Adjustable sensitivity via Length and Ribbon Size inputs. 🔵 HOW TO USE Use the ribbon gradient as a visual trend strength and smooth direction cue. Watch for crossover of shortest filters as early trend change signals. Monitor support/resistance zones as potential high-probability reaction points. Combine with other tools like momentum or volume to confirm trend breaks. Adjust ribbon thickness and length to suit your trading timeframe and volatility preference. 🔵 CONCLUSION Hann Window FIR Filter Ribbon blends digital signal processing with trading logic to deliver a visually refined, non-lagging trend tool. The adaptive ribbon offers insight into momentum compression and release, while swing-based levels give structure to potential reversals. Ideal for traders who seek smooth trend detection with intelligent, auto-adaptive zone plotting.
Chỉ báo Pine Script®
của BigBeluga
2
Fractal Support and Resistance [BigBeluga]🔵 OVERVIEW The Fractal Support and Resistance indicator automatically identifies high-probability support and resistance zones based on repeated fractal touches. When a defined number of fractal highs or lows cluster around the same price zone, the indicator plots a clean horizontal level and shaded zone, helping traders visualize structurally important areas where price may react. 🔵 CONCEPTS Fractal Points: Swing highs and lows based on user-defined left and right range (length). A valid fractal forms only when the center candle is higher or lower than its neighbors. Zone Validation: A level is only confirmed when the price has printed the specified number of fractals (e.g., 3) within a narrow ATR-defined range. Dynamic Zone Calculation: The plotted level can be based on the average of clustered fractals or on the extreme value (min or max), depending on the user’s choice. Support/Resistance Zones: Once a zone is validated, a horizontal line and shaded box are drawn and automatically extended into the future until new valid clusters form. Auto-Clean & Reactivity: Each zone persists until replaced by a new fractal cluster, ensuring the chart remains uncluttered and adaptive. 🔵 FEATURES Detects swing fractals using adjustable left/right range. Confirms zones when a defined number of fractals occur near the same price. Plots horizontal level and shaded box for visual clarity. Choice between average or min/max logic for level calculation. Distinct color inputs for support (green) and resistance (orange) zones. Adaptive auto-extension keeps valid zones projected into the future. Displays optional triangle markers above/below bars where fractals form. Clean design optimized for structural S/R analysis. 🔵 HOW TO USE Use support zones (from low fractals) to look for potential long entries or bounce points . Use resistance zones (from high fractals) to look for short setups or rejections . Adjust the Fractals Qty to make zones more or less strict—e.g., 3 for higher reliability, 2 for quicker responsiveness. Combine with liquidity indicators or break/retest logic to validate zone strength. Toggle between average and min/max mode to fit your style (average for balance, extremes for aggression). 🔵 CONCLUSION Fractal Support and Resistance offers a robust way to identify hidden levels that the market respects repeatedly. By requiring multiple fractal confirmations within a zone, it filters out noise and highlights clean structural areas of interest. This tool is ideal for traders who want automatic, adaptive, and reliable S/R levels grounded in raw market structure.
Chỉ báo Pine Script®
của BigBeluga
9
Smart MTF S/R Levels[BullByte] Smart MTF S/R Levels Introduction & Motivation Support and Resistance (S/R) levels are the backbone of technical analysis. However, most traders face two major challenges: Manual S/R Marking: Drawing S/R levels by hand is time-consuming, subjective, and often inconsistent. Multi-Timeframe Blind Spots: Key S/R levels from higher or lower timeframes are often missed, leading to surprise reversals or missed opportunities. Smart MTF S/R Levels was created to solve these problems. It is a fully automated, multi-timeframe, multi-method S/R detection and visualization tool, designed to give traders a complete, objective, and actionable view of the market’s most important price zones. What Makes This Indicator Unique? Multi-Timeframe Analysis: Simultaneously analyzes up to three user-selected timeframes, ensuring you never miss a critical S/R level from any timeframe. Multi-Method Confluence: Integrates several respected S/R detection methods—Swings, Pivots, Fibonacci, Order Blocks, and Volume Profile—into a single, unified system. Zone Clustering: Automatically merges nearby levels into “zones” to reduce clutter and highlight areas of true market consensus. Confluence Scoring: Each zone is scored by the number of methods and timeframes in agreement, helping you instantly spot the most significant S/R areas. Reaction Counting: Tracks how many times price has recently interacted with each zone, providing a real-world measure of its importance. Customizable Dashboard: A real-time, on-chart table summarizes all key S/R zones, their origins, confluence, and proximity to price. Smart Alerts: Get notified when price approaches high-confluence zones, so you never miss a critical trading opportunity. Why Should a Trader Use This? Objectivity: Removes subjectivity from S/R analysis by using algorithmic detection and clustering. Efficiency: Saves hours of manual charting and reduces analysis fatigue. Comprehensiveness: Ensures you are always aware of the most relevant S/R zones, regardless of your trading timeframe. Actionability: The dashboard and alerts make it easy to act on the most important levels, improving trade timing and risk management. Adaptability: Works for all asset classes (stocks, forex, crypto, futures) and all trading styles (scalping, swing, position). The Gap This Indicator Fills Most S/R indicators focus on a single method or timeframe, leading to incomplete analysis. Manual S/R marking is error-prone and inconsistent. This indicator fills the gap by: Automating S/R detection across multiple timeframes and methods Objectively scoring and ranking zones by confluence and reaction Presenting all this information in a clear, actionable dashboard How Does It Work? (Technical Logic) 1. Level Detection For each selected timeframe, the script detects S/R levels using: SW (Swing High/Low): Recent price pivots where reversals occurred. Pivot: Classic floor trader pivots (P, S1, R1). Fib (Fibonacci): Key retracement levels (0.236, 0.382, 0.5, 0.618, 0.786) over the last 50 bars. Bull OB / Bear OB: Institutional price zones based on bullish/bearish engulfing patterns. VWAP / POC: Volume Weighted Average Price and Point of Control over the last 50 bars. 2. Level Clustering Levels within a user-defined % distance are merged into a single “zone.” Each zone records which methods and timeframes contributed to it. 3. Confluence & Reaction Scoring Confluence: The number of unique methods/timeframes in agreement for a zone. Reactions: The number of times price has touched or reversed at the zone in the recent past (user-defined lookback). 4. Filtering & Sorting Only zones within a user-defined % of the current price are shown (to focus on actionable areas). Zones can be sorted by confluence, reaction count, or proximity to price. 5. Visualization Zones: Shaded boxes on the chart (green for support, red for resistance, blue for mixed). Lines: Mark the exact level of each zone. Labels: Show level, methods by timeframe (e.g., 15m (3 SW), 30m (1 VWAP)), and (if applicable) Fibonacci ratios. Dashboard Table: Lists all nearby zones with full details. 6. Alerts Optional alerts trigger when price approaches a zone with confluence above a user-set threshold. Inputs & Customization (Explained for All Users) Show Timeframe 1/2/3: Enable/disable analysis for each timeframe (e.g., 15m, 30m, 1h). Show Swings/Pivots/Fibonacci/Order Blocks/Volume Profile: Select which S/R methods to include. Show levels within X% of price: Only display zones near the current price (default: 3%). How many swing highs/lows to show: Number of recent swings to include (default: 3). Cluster levels within X%: Merge levels close together into a single zone (default: 0.25%). Show Top N Zones: Limit the number of zones displayed (default: 8). Bars to check for reactions: How far back to count price reactions (default: 100). Sort Zones By: Choose how to rank zones in the dashboard (Confluence, Reactions, Distance). Alert if Confluence >=: Set the minimum confluence score for alerts (default: 3). Zone Box Width/Line Length/Label Offset: Control the appearance of zones and labels. Dashboard Size/Location: Customize the dashboard table. How to Read the Output Shaded Boxes: Represent S/R zones. The color indicates type (green = support, red = resistance, blue = mixed). Lines: Mark the precise level of each zone. Labels: Show the level, methods by timeframe (e.g., 15m (3 SW), 30m (1 VWAP)), and (if applicable) Fibonacci ratios. Dashboard Table: Columns include: Level: Price of the zone Methods (by TF): Which S/R methods and how many, per timeframe (see abbreviation key below) Type: Support, Resistance, or Mixed Confl.: Confluence score (higher = more significant) React.: Number of recent price reactions Dist %: Distance from current price (in %) Abbreviations Used SW = Swing High/Low (recent price pivots where reversals occurred) Fib = Fibonacci Level (key retracement levels such as 0.236, 0.382, 0.5, 0.618, 0.786) VWAP = Volume Weighted Average Price (price level weighted by volume) POC = Point of Control (price level with the highest traded volume) Bull OB = Bullish Order Block (institutional support zone from bullish price action) Bear OB = Bearish Order Block (institutional resistance zone from bearish price action) Pivot = Pivot Point (classic floor trader pivots: P, S1, R1) These abbreviations appear in the dashboard and chart labels for clarity. Example: How to Read the Dashboard and Labels (from the chart above) Suppose you are trading BTCUSDT on a 15-minute chart. The dashboard at the top right shows several S/R zones, each with a breakdown of which timeframes and methods contributed to their detection: Resistance zone at 119257.11: The dashboard shows: 5m (1 SW), 15m (2 SW), 1h (3 SW) This means the level 119257.11 was identified as a resistance zone by one swing high (SW) on the 5-minute timeframe, two swing highs on the 15-minute timeframe, and three swing highs on the 1-hour timeframe. The confluence score is 6 (total number of method/timeframe hits), and there has been 1 recent price reaction at this level. This suggests 119257.11 is a strong resistance zone, confirmed by multiple swing highs across all selected timeframes. Mixed zone at 118767.97: The dashboard shows: 5m (2 SW), 15m (2 SW) This means the level 118767.97 was identified by two swing points on both the 5-minute and 15-minute timeframes. The confluence score is 4, and there have been 19 recent price reactions at this level, indicating it is a highly reactive zone. Support zone at 117411.35: The dashboard shows: 5m (2 SW), 1h (2 SW) This means the level 117411.35 was identified as a support zone by two swing lows on the 5-minute timeframe and two swing lows on the 1-hour timeframe. The confluence score is 4, and there have been 2 recent price reactions at this level. Mixed zone at 118291.45: The dashboard shows: 15m (1 SW, 1 VWAP), 5m (1 VWAP), 1h (1 VWAP) This means the level 118291.45 was identified by a swing and VWAP on the 15-minute timeframe, and by VWAP on both the 5-minute and 1-hour timeframes. The confluence score is 4, and there have been 12 recent price reactions at this level. Support zone at 117103.10: The dashboard shows: 15m (1 SW), 1h (1 SW) This means the level 117103.10 was identified by a single swing low on both the 15-minute and 1-hour timeframes. The confluence score is 2, and there have been no recent price reactions at this level. Resistance zone at 117899.33: The dashboard shows: 5m (1 SW) This means the level 117899.33 was identified by a single swing high on the 5-minute timeframe. The confluence score is 1, and there have been no recent price reactions at this level. How to use this: Zones with higher confluence (more methods and timeframes in agreement) and more recent reactions are generally more significant. For example, the resistance at 119257.11 is much stronger than the resistance at 117899.33, and the mixed zone at 118767.97 has shown the most recent price reactions, making it a key area to watch for potential reversals or breakouts. Tip: “SW” stands for Swing High/Low, and “VWAP” stands for Volume Weighted Average Price. The format 15m (2 SW) means two swing points were detected on the 15-minute timeframe. Best Practices & Recommendations Use with Other Tools: This indicator is most powerful when combined with your own price action analysis and risk management. Adjust Settings: Experiment with timeframes, clustering, and methods to suit your trading style and the asset’s volatility. Watch for High Confluence: Zones with higher confluence and more reactions are generally more significant. Limitations No Future Prediction: The indicator does not predict future price movement; it highlights areas where price is statistically more likely to react. Not a Standalone System: Should be used as part of a broader trading plan. Historical Data: Reaction counts are based on historical price action and may not always repeat. Disclaimer This indicator is a technical analysis tool and does not constitute financial advice or a recommendation to buy or sell any asset. Trading involves risk, and past performance is not indicative of future results. Always use proper risk management and consult a financial advisor if needed.
Chỉ báo Pine Script®
của BullByte
14
VWAP Volume Profile [BigBeluga]🔵 OVERVIEW VWAP Volume Profile is an advanced hybrid of the VWAP and volume profile concepts. It visualizes how volume accumulates relative to VWAP movement—separating rising (+VWAP) and declining (−VWAP) activity into two mirrored horizontal profiles. It highlights the dominant price bins (POCs) where volume peaked during each directional phase, helping traders spot hidden accumulation or distribution zones. 🔵 CONCEPTS VWAP-Driven Profiling: Unlike standard volume profiles, this tool segments volume based on VWAP movement—accumulating positive or negative volume depending on VWAP slope. Dual-Sided Profiles: Profiles expand horizontally to the right of price. Separate bins show rising (+) and falling (−) VWAP volume. Bin Logic: Volume is accumulated into defined horizontal bins based on VWAP’s position relative to price ranges. Gradient Coloring: Volume bars are colored with a dynamic gradient to emphasize intensity and direction. POC Highlighting: The highest-volume bin in each profile type (+/-) is marked with a transparent box and label. Contextual VWAP Line: VWAP is plotted and dynamically colored (green = rising, orange = falling) for instant trend context. Candle Overlay: Price candles are recolored to match the VWAP slope for full visual integration. 🔵 FEATURES Dual-sided horizontal volume profiles based on VWAP slope. Supports rising VWAP , falling VWAP , or both simultaneously. Customizable number of bins and lookback period. Dynamically colored VWAP line to show rising/falling bias. POC detection and labeling with volume values for +VWAP and −VWAP. Candlesticks are recolored to match VWAP bias for intuitive momentum tracking. Optional background boxes with customizable styling. Adaptive volume scaling to normalize bar length across markets. 🔵 HOW TO USE Use POC zones to identify high-volume consolidation areas and potential support/resistance levels. Watch for shifts in VWAP direction and observe how volume builds differently during uptrends and downtrends. Use the gradient profile shape to detect accumulation (widening volume below price) or distribution (above price). Use candle coloring for real-time confirmation of VWAP bias. Adjust the profile period or bin count to fit your trading style (e.g., intraday scalping or swing trading). 🔵 CONCLUSION VWAP Volume Profile merges two essential concepts—volume and VWAP—into a single, high-precision tool. By visualizing how volume behaves in relation to VWAP movement, it uncovers hidden dynamics often missed by traditional profiles. Perfect for intraday and swing traders who want a more nuanced read on market structure, trend strength, and volume flow.
Chỉ báo Pine Script®
của BigBeluga
23
Round Number Levels ProRound Number Levels Pro is a powerful support and resistance indicator that automatically plots psychological price levels on your chart. What it does: - Displays major round number levels (100, 200, 300, etc.) with prominent lines - Shows mid-level lines (50, 150, 250, etc.) for additional reference points - All lines extend across the entire chart for maximum visibility - Automatically adjusts levels based on current price action Key Features: - Customizable Font Sizes - Large text for main levels, normal for mid-levels - Clean Black Styling - Professional appearance that works on any chart background - Flexible Line Styles - Choose solid, dashed, or dotted lines for main and mid levels - Adjustable Parameters - Control number of levels, rounding increments, and label positioning - Full Chart Extension - Lines extend both directions for complete price reference Perfect for: - Day traders looking for key psychological support/resistance levels - Swing traders identifying major price zones - Any trader who uses round numbers as decision points How to use: Simply add to your chart and the indicator will automatically plot relevant round number levels. Customize the settings to match your trading style and timeframe. These psychological levels are where many traders make decisions, often creating natural support and resistance zones in the market.
Chỉ báo Pine Script®
của Turzaluk
VSA-Stopping VolumeVSA Stopping Volume Indicator Stopping Volume occurs when candles show decreasing body sizes (narrow spreads) while volume steadily increases. Example chart: As you see: 3 consecutive candles in same direction (all green OR all red) Body sizes (spreads) decreasing progressively: Candle 1 > Candle 2 > Candle 3 Volume increasing progressively: Volume 1 < Volume 2 < Volume 3 This pattern indicates price absorption - increased buying/selling pressure but declining price movement, often signaling exhaustion and potential reversal. Indicator Features This indicator detects Stopping Volume candlestick clusters with two signal types: 🔹 BUY/SELL Signals: Generated when pattern occurs at support/resistance zones 🔹 Directional Alerts (▲-green, ▼-red): Generated when pattern occurs outside key levels Trading Guidelines: ⚠️ Auto-drawn S/R zones are reference only - manual level plotting recommended for accuracy 📊 Best for scalping: M5, M10, M15 timeframes 🛡️ Stop Loss: Place beyond the S/R zone you're trading 🎯 Take Profit: Based on your risk management Key Concept: Volume expansion + price contraction = potential reversal, especially at SnR levels. Perfect for scalpers looking to catch reversals at critical zones!
Chỉ báo Pine Script®
của dangtunglam14
1
Fair Value Gap Profiles [AlgoAlpha]🟠 OVERVIEW This script draws and manages Fair Value Gap (FVG) zones by detecting unfilled gaps in price action and then augmenting them with intra-gap volume profiles from a lower timeframe. It is designed to help traders find potential areas where price may return to fill liquidity voids, and to provide extra detail about volume distribution inside each gap to assess strength and likely mitigation. The script automatically tracks each gap, updates its state over time, and can show which gaps are still unfilled or have been mitigated. 🟠 CONCEPTS A Fair Value Gap is a zone between candles where no trades occurred, often seen as an inefficiency that price later revisits. The script checks each bar to see if a bullish (low above 2-bars-ago high) or bearish (high below 2-bars-ago low) gap has formed, and measures whether the gap’s size exceeds a threshold defined by a volatility-adjusted multiplier of past gap widths (to only detect significantly large gaps). Once a qualified gap is found, it gets recorded and visualized with a box that can stretch forward in time until filled. To add more context, a mini volume profile is built from a lower timeframe’s price and volume data, showing how volume is distributed inside the gap. The lowest-volume subzone is also highlighted using a sliding window scan method to visualise the true gap (area with least trading activity) 🟠 FEATURES Visual gap boxes that appear automatically when bullish or bearish fair value gaps are detected on the chart. Color-coded zones showing bullish gaps in one color and bearish gaps in another so you can easily see which side the gap favors. Volume profile histograms plotted inside each gap using data from a lower timeframe, helping you see where volume concentrated inside the gap area. Highlight of the lowest-volume subzone within each gap so you can spot areas price may target when filling the gap. Dynamic extension of the gap boxes across the chart until price comes back and fills them, marking them as mitigated. Customizable colors and transparency settings for gap boxes, profiles, and low-volume highlights to match your chart style. Alerts that notify you when a new gap is created or when price fills an existing gap. 🟠 USAGE This indicator helps you find and track unfilled price gaps that often act as magnets for price to revisit. You can use it to spot areas where liquidity may rest and plan entries or exits around these zones. The colored gap boxes show you exactly where a fair value gap starts and ends, so you can anticipate potential pullbacks or continuations when price approaches them. The intra-gap volume profile lets you gauge whether the gap was created on strong or thin participation, which can help judge how likely it is to be filled. The highlighted lowest-volume subzone shows where price might accelerate once inside the gap. Traders often look for entries when price returns to a gap, aiming for a reaction or reversal in that area. You can also combine the mitigation alerts with your trade management to track when gaps have been closed and adjust your bias accordingly. Overall, the tool gives a clear visual reference for imbalance zones that can help structure trades around supply and demand dynamics.
Chỉ báo Pine Script®
của AlgoAlpha
10
Non-Lagging Longevity Zones [BigBeluga]🔵 OVERVIEW A clean, non-lagging system for identifying price zones that persist over time—ranking them visually based on how long they survive without being invalidated. Non-Lagging Longevity Zones uses non-lagging pivots to automatically build upper and lower zones that reflect key resistance and support. These zones are kept alive as long as price respects them and are instantly removed when invalidated. The indicator assigns a unique lifespan label to each zone in Days (D), Months (M), or Years (Y), providing instant context for historical relevance. 🔵 CONCEPTS Non-Lag Pivot Detection: Detects upper and lower pivots using non-lagging swing identification (highest/lowest over length period). h = ta.highest(len) l = ta.lowest(len) high_pivot = high == h and high < h low_pivot = low == l and low > l Longevity Ranking: Zones are preserved as long as price doesn't breach them. Levels that remain intact grow in visual intensity. Time-Based Weighting: Each zone is labeled with its lifespan in days , emphasizing how long it has survived. duration = last_bar_index - start days_ = int(duration*(timeframe.in_seconds("")/60/60/24)) days = days_ >= 365 ? int(days_ / 365) : days_ >= 30 ? int(days_ / 30) : days_ marker = days_ >= 365 ? " Y" : days_ >= 30 ? " M" : " D" Dynamic Coloring: Older zones are drawn with stronger fill, while newer ones appear fainter—making it easy to assess significance. Self-Cleaning Logic: If price invalidates a zone, it’s instantly removed, keeping the chart clean and focused. 🔵 FEATURES Upper and Lower Zones: Auto-detects valid high/low pivots and plots horizontal zones with ATR-based thickness. Real-Time Validation: Zones are extended only if price stays outside them—giving precise control zones. Gradient Fill Intensity: The longer a level survives, the more opaque the fill becomes. Duration-Based Labeling: Time alive is shown at the root of each zone:   • D – short-term zones   • M – medium-term structure   • Y – long-term legacy levels Smart Zone Clearing: Zones are deleted automatically once invalidated by price, keeping the display accurate. Efficient Memory Handling: Keeps only the 10 most recent valid levels per side for optimal performance. 🔵 HOW TO USE Track durable S/R zones that survived price tests without being breached. Use longer-lived zones as high-confidence confluence areas for entries or targets. Observe fill intensity to judge structural importance at a glance . Layer with volume or momentum tools to confirm bounce or breakout probability. Ideal for swing traders, structure-based traders, or macro analysis. 🔵 CONCLUSION Non-Lagging Longevity Zones lets the market speak for itself—by spotlighting levels with proven survival over time. Whether you're trading trend continuation, mean reversion, or structure-based reversals, this tool equips you with an immediate read on what price zones truly matter—and how long they've stood the test of time.
Chỉ báo Pine Script®
của BigBeluga
8
Machine Learning Key Levels [AlgoAlpha]🟠 OVERVIEW This script plots Machine Learning Key Levels on your chart by detecting historical pivot points and grouping them using agglomerative clustering to highlight price levels with the most past reactions. It combines a pivot detection, hierarchical clustering logic, and an optional silhouette method to automatically select the optimal number of key levels, giving you an adaptive way to visualize price zones where activity concentrated over time. 🟠 CONCEPTS Agglomerative clustering is a bottom-up method that starts by treating each pivot as its own cluster, then repeatedly merges the two closest clusters based on the average distance between their members until only the desired number of clusters remain. This process creates a hierarchy of groupings that can flexibly describe patterns in how price reacts around certain levels. This offers an advantage over K-means clustering, since the number of clusters does not need to be predefined. In this script, it uses an average linkage approach, where distance between clusters is computed as the average pairwise distance of all contained points. The script finds pivot highs and lows over a set lookback period and saves them in a buffer controlled by the Pivot Memory setting. When there are at least two pivots, it groups them using agglomerative clustering: it starts with each pivot as its own group and keeps merging the closest pairs based on their average distance until the desired number of clusters is left. This number can be fixed or chosen automatically with the silhouette method, which checks how well each point fits in its cluster compared to others (higher scores mean cleaner separation). Once clustering finishes, the script takes the average price of each cluster to create key levels, sorts them, and draws horizontal lines with labels and colors showing their strength. A metrics table can also display details about the clusters to help you understand how the levels were calculated. 🟠 FEATURES Agglomerative clustering engine with average linkage to merge pivots into level groups. Dynamic lines showing each cluster’s price level for clarity. Labels indicating level strength either as percent of all pivots or raw counts. A metrics table displaying pivot count, cluster count, silhouette score, and cluster size data. Optional silhouette-based auto-selection of cluster count to adaptively find the best fit. 🟠 USAGE Add the indicator to any chart. Choose how far back to detect pivots using Pivot Length and set Pivot Memory to control how many are kept for clustering (more pivots give smoother levels but can slow performance). If you want the script to pick the number of levels automatically, enable Auto No. Levels ; otherwise, set Number of Levels . The colored horizontal lines represent the calculated key levels, and circles show where pivots occurred colored by which cluster they belong to. The labels beside each level indicate its strength, so you can see which levels are supported by more pivots. If Show Metrics Table is enabled, you will see statistics about the clustering in the corner you selected. Use this tool to spot areas where price often reacts and to plan entries or exits around levels that have been significant over time. Adjust settings to better match volatility and history depth of your instrument.
Chỉ báo Pine Script®
của AlgoAlpha
54
Volumatic Support/Resistance Levels [BigBeluga]🔵 OVERVIEW A smart volume-powered tool for identifying key support and resistance zones—enhanced with real-time volume histogram fills and high-volume markers. Volumatic Support/Resistance Levels detects structural levels from swing highs and lows, and wraps them in dynamic histograms that reflect the relative volume strength around those zones. It highlights the strongest price levels not just by structure—but by the weight of market participation. 🔵 CONCEPTS Price Zones: Support and resistance levels are drawn from recent price pivots, while volume is used to visually enhance these zones with filled histograms and highlight moments of peak activity using markers. Histogram Fill = Activity Zone: The width and intensity of each filled zone adjusts to recent volume bursts. High-Volume Alerts: Circle markers highlight moments of volume dominance directly on the levels—revealing pressure points of support/resistance. Clean Visual Encoding: Red = resistance zones, green = support zones, orange = high-volume bars. 🔵 FEATURES Detects pivot-based resistance (highs) and support (lows) using a customizable range length. Wraps these levels in volume-weighted bands that expand/contract based on percentile volume. Color fill intensity increases with rising volume pressure, creating a live histogram feel. When volume > user-defined threshold , the indicator adds circle markers at the top and bottom of that price level zone. Bar coloring highlights the candles that generated this high-volume behavior (orange by default). Adjustable settings for all thresholds and colors, so traders can dial in volume sensitivity. 🔵 HOW TO USE Identify volume-confirmed resistance and support zones for potential reversal or breakout setups. Focus on levels with intense histogram fill and circle markers —they indicate strong participation. Use bar coloring to track when key activity started and align it with broader market context. Works well in combination with order blocks, trend indicators, or liquidity zones. Ideal for day traders, scalpers, and volume-sensitive setups. 🔵 CONCLUSION Volumatic Support/Resistance Levels elevates traditional support and resistance logic by anchoring it in volume context. Instead of relying solely on price action, it gives traders insight into where real conviction lies—by mapping how aggressively the market defended or rejected key levels. It's a visual, reactive, and volume-conscious upgrade to your structural toolkit.
Chỉ báo Pine Script®
của BigBeluga
10
Ultimate_Priceaction_Tool for INTRADAY by Chaitu50cUltimate_Priceaction_Tool for INTRADAY by Chaitu50c This indicator is crafted for intraday traders who rely on raw price action. It identifies support and resistance zones based on engulfing candle structures and 2-bar breakout formations. These patterns often signal meaningful reversals or momentum-based breakouts. Key features: • Real-time support and resistance zone detection Uses green-to-red and red-to-green candle transitions where open and close levels align within a defined buffer. Also includes logic to capture two-bar breakout patterns that confirm directional conviction. • Dynamic line behavior Line width increases as the level holds for more bars, visually representing zone strength. Breakout buffers also expand with time to reduce false signals. • Session-based resets At the start of each new session, all zones reset automatically. This ensures only current, relevant intraday structures are shown, reducing clutter and improving focus. • Dashed zone detection Within the main high-low range, additional price levels are plotted as dashed lines when qualifying patterns appear. These zones are suppressed if similar ones already exist nearby. • Fully customizable Includes adjustable buffer range, breakout margin, dash suppression distance, line width control, and visual styling for both resistance and support zones. Recommended usage: This tool is optimized for the 1-minute and 5-minute timeframes. It is best suited for scalpers and intraday traders who depend on breakout reactions, pullback validation, and session structure shifts. Use it to identify areas of interest, react to price action, and refine intraday decision-making with high precision.
Chỉ báo Pine Script®
của chaitu50c
17
Expanded Cloud [LuxAlgo]The Expanded Cloud tool allows traders to identify and follow trends accurately. It is based on the well-known Donchian Channels, but with enhanced features. It features a trailing cloud that expands with the price and a trading stats dashboard. 🔶 USAGE The tool is super easy to use. Traders can identify bigger or smaller trends just by adjusting the length from the settings panel. Trend identification is based on Donchian Channels. An uptrend is indicated when the cloud is located below the price, while a downtrend is indicated when the cloud is above it. Dots signal the start of a new trend, and the width of the clouds identifies the strength of the price expansion. The wider the cloud, the bigger the move. The expanded cloud, due to its visual, can also act as a trailing stop. 🔹 Trend Identification As we can see in the chart above, different length values identify different trends on the same BTC daily chart. Larger values identify larger trends. 🔹 Cloud Expansion From the settings panel, traders can adjust how the clouds expand based on the Expansion % parameter. It accepts values from 0 to 100, which controls how much of the expansion is taken into account. Higher values will make the cloud expand and get closer to the price faster. When the cloud moves opposite to the direction of the indicated trend (e.g: the cloud decreases while being below the price), it is often indicative of the end of a retracement, and we can expect the price to move with the indicated trend. The chart above shows the effect of different Expansion % values. 🔹 Dashboard The trading statistics dashboard informs traders of key metrics derived from the tool. The following are notable: PNL: Theoretical profit or loss from all trends identified by the tool in the right scale units. EXPECT.: Expected value of each trade. It is derived from win rate and risk-to-reward metrics. AVG: 1st TOUCH: The average number of bars from the beginning of a new trend until the price touches the cloud for the first time. 🔶 SETTINGS Length: Length for trend detection Expansion %: Percentage of price expansion for cloud formation Source: Source of the data 🔹 Dashboard Show Dashboard: Enable/disable the statistics dashboard Location: Dashboard location Size: Dashboard size
Chỉ báo Pine Script®
của LuxAlgo
17
Heatmap Trailing Stop with Breakouts (Zeiierman)█ Overview Heatmap Trailing Stop with Breakouts (Zeiierman) is a trend and breakout detection tool that combines dynamic trailing stop logic, Fibonacci-based levels, and a real-time market heatmap into a single, intuitive system. This indicator is designed to help traders visualize pressure zones, manage stop placement, and identify breakout opportunities supported by contextual price–derived heat. Whether you're trailing trends, detecting reversals, or entering on explosive breakouts — this tool keeps you anchored in structure and sentiment. It projects adaptive trailing stop levels and calculates Fibonacci extensions from swing-based extremes. These levels are then colored by a market heatmap engine that tracks price interaction intensity — showing where the market is "hot" and likely to respond. On top of that, it includes breakout signals powered by HTF momentum conditions, trend direction, and heatmap validation — giving you signals only when the context is strong. █ How It Works ⚪ Trailing Stop Engine At its core, the script uses an ATR-based trailing stop with trend detection: ATR Length – Defines volatility smoothing using EMA MA of true range. Multiplier – Expands/retracts the trailing offset depending on market aggression. Real-Time Extremum Tracking – Uses local highs/lows to define Fibonacci anchors. ⚪ Fibonacci Projection + Heatmap With each trend shift, Fibonacci levels are projected from the new swing to the current trailing stop. These include: Fib 61.8, 78.6, 88.6, and 100% (trailing stop) lines Heatmap Coloring – Each level'slevel's color is determined by how frequently price has interacted with that level in the recent range (defined by ATR). Strength Score (1–10) – The number of touches per level is normalized and averaged to create a heatmap ""score"" displayed as a colored bar on the chart. ⚪ Breakout Signal System This engine detects high-confidence breakout signals using a higher timeframe candle structure: Bullish Breakout – Strong bullish candle + momentum + trend confirmation + heatmap score threshold. Bearish Breakout – Strong bearish candle + momentum + trend confirmation + heatmap score threshold. Cooldown Logic – Prevents signals from clustering too frequently during volatile periods. █ How to Use ⚪ Trend Following & Trail Stops Use the Trailing Stop line to manage positions or time entries in line with trend direction. Trailing stop flips are highlighted with dot markers. ⚪ Fibonacci Heat Zones The projected Fibonacci levels serve as price magnets or support/resistance zones. Watch how price reacts at Fib 61.8/78.6/88.6 levels — especially when they're glowing with high heatmap scores (more glow = more historical touches = stronger significance). ⚪ Breakout Signals Enable breakout signals when you want to trade breakouts only under strong context. Use the "Heatmap Strength Threshold" to require a minimum score (1–10). █ Settings Stop Distance ATR Length – ATR period for volatility smoothing Stop Distance Multiplier – Adjusts the trailing stop'sstop's distance from price Heatmap Range ATR Length – Defines how far back the heatmap scans for touches Number of Heat Levels – Total levels used in the heatmap (more = finer resolution) Minimum Touches per Level – Defines what counts as a ""hot"" level Heatmap Strength Threshold – Minimum average heat score (1–10) required for breakouts Timeframe – HTF source used to evaluate breakout momentum structure ----------------- Disclaimer The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Chỉ báo Pine Script®
của Zeiierman
16
SuperTrend Confluence Signals [AlgoAlpha]OVERVIEW This script enhances the classic SuperTrend indicator by integrating volume dynamics, retracement detection, and a multi-asset trend matrix—alongside an automatic mitigation-level drawing system. It's designed for traders who want to see not just trend direction, but the confluence of trend strength, volatility-adjusted retracements, and capital flow through volume pressure. It visually maps key transitions in market structure while offering a clean, color-coded overview of multiple symbols and timeframes in a single chart. CONCEPTS At the core is the traditional SuperTrend , which determines directional bias using Average True Range (ATR) with a volatility multiplier. This script overlays that with a dynamic volume histogram that scales relative to recent volume standard deviation, coloring volume bursts within the trend. Retracement signals are triggered when price pulls back toward the SuperTrend level but respects it—quantified through normalized distance sensitivity. On top of that, the indicator automatically draws and manages horizontal support/resistance zones that appear at key trend shifts. These levels persist and are cleared based on configurable rules such as wick/body sweeps or consecutive candle closes. A multi-asset, multi-timeframe table then gives an instant snapshot of trend status across five user-defined symbols and timeframes. FEATURES SuperTrend : Configurable ATR length and multiplier for flexible trend sensitivity. Volumetric Histogram : Gradient-filled candles anchored to SuperTrend bands, scaled by relative volume to indicate activity intensity during trends. Retracement Arrows : Signals printed when price nears the SuperTrend level without breaking it, allowing identification of high-probability continuation zones. Volume TP Markers : Diamond markers flag high-volume events, contextualizing price moves with liquidity bursts. Automatic Structure Levels : Draws clean horizontal lines at significant trend transitions, with optional volatility-based band fills. These levels self-update and clear based on price interaction logic. Trend Table : Displays trend direction (▲/▼) across five assets and five timeframes. Each cell is colored according to trend bias, providing a compact overview for multi-market confluence. USAGE Start by loading the indicator on your main chart and adjusting the ATR Length and Multiplier to match your strategy timeframe. Use lower values for scalping and higher values for swing trading. The histogram bars will appear as colored candles above or below the SuperTrend level, indicating how strong volume is within that trend. Arrow signals suggest minor pullbacks within the trend, which can act as entry opportunities. The level system will automatically plot key price zones during trend flips; if "Body" is selected for mitigation, price must close through the level to invalidate it. If "Wick" is chosen, a single wick breach is enough. Adjust expiry and rejection settings to fine-tune how long levels stay on chart. Finally, enable the Multi-Asset Table to view live trend signals across popular symbols like AAPL or NVDA in different timeframes, helping spot macro-to-micro alignment for higher-confidence trades.
Chỉ báo Pine Script®
của AlgoAlpha
21
Delta Volume Profile [BigBeluga]🔵Delta Volume Profile A dynamic volume analysis tool that builds two separate horizontal profiles: one for bullish candles and one for bearish candles. This indicator helps traders identify the true balance of buying vs. selling volume across price levels, highlighting points of control (POCs), delta dominance, and hidden volume clusters with remarkable precision. 🔵 KEY FEATURES Split Volume Profiles (Bull vs. Bear): The indicator separates volume based on candle direction: If close > open , the candle’s volume is added to the bullish profile (positive volume). If close < open , it contributes to the bearish profile (negative volume). ATR-Based Binning: The price range over the selected lookback is split into bins using ATR(200) as the bin height. Each bin accumulates both bull and bear volumes to form the dual-sided profile. Bull and Bear Volume Bars: Bullish volumes are shown as right-facing bars on the right side, colored with a bullish gradient. Bearish volumes appear as left-facing bars on the left side, shaded with a bearish gradient. Each bar includes a volume label (e.g., +12.45K or -9.33K) to show exact volume at that price level. Points of Control (POC) Highlighting: The bin with the highest bullish volume is marked with a border in POC+ color (default: blue). The bin with the highest bearish volume is marked with a POC− color (default: orange). Total Volume Density Map: A neutral gray background box is plotted behind candles showing the total volume (bull + bear) per bin. This reveals high-interest price zones regardless of direction. Delta and Total Volume Summary: A Delta label appears at the top, showing net % difference between bull and bear volume. A Total label at the bottom shows total accumulated volume across all bins. 🔵 HOW IT WORKS The indicator captures all candles within the lookback period . It calculates the price range and splits it into bins using ATR for adaptive resolution. For each candle: If price intersects a bin and close > open , volume is added to the positive profile . If close < open , volume is added to the negative profile . The result is two side-by-side histograms at each price level—one for buyers, one for sellers. The bin with the highest value on each side is visually emphasized using POC highlight colors. At the end, the script calculates: Delta: Total % difference between bull and bear volumes. Total: Sum of all volumes in the lookback window. 🔵 USAGE Volume Imbalance Zones: Identify price levels where buyers or sellers were clearly dominant. Fade or Follow Volume Clusters: Use POC+ or POC− levels for reaction trades or breakouts. Delta Strength Filtering: Strong delta values (> ±20%) suggest momentum or exhaustion setups. Volume-Based Anchoring: Use profile levels to mark hidden support/resistance and execution zones. 🔵 CONCLUSION Delta Volume Profile offers a unique advantage in market reading by separating buyer and seller activity into two visual layers. This allows traders to not only spot where volume was high, but also who was more aggressive. Whether you’re analyzing trend continuations, reversals, or absorption levels, this indicator gives you the transparency needed to trade with confidence.
Chỉ báo Pine Script®
của BigBeluga
27
CANX Supply and Demand - Order Block - Candle Identification© CanxStixTrader CANX Supply and Demand - Order Block - Candle Identification Description Designed as a visual aid, to highlight the last up or down candle before a fractal break. We can assume these candles where the point of origin that generated enough strength to break recent structure. By using them as reference points, traders are expected to follow their own set of rules and mark higher probability supply and demand zones in the area. How to use: Expect price to retest in these areas, and if they fail, a potential retest in the opposite direction . The greater the number of times a zone is tested, the more likely it is to break. A fresh zone that has not yet been tested will have a higher probability of a bounce. Fractal period and candle break type can be customized in the settings. This works on all time frames. **The indicator is set to my optimal settings for the 5 minute or 15 minute time frame** Please mess around to find your comfort zone and back test the results. The lower the period number the more noise this creates on the market. The higher the number the less noise and more potential for a stronger zone. Keep it simple
Chỉ báo Pine Script®
của CanxStixTrader
2
Institutional Support/Resistance Locator🏛️ Institutional Support/Resistance Locator Overview The Institutional Support/Resistance Locator identifies high-probability demand and supply zones based on strong price rejection, large candle bodies, and elevated volume . These zones are commonly targeted or defended by institutional participants, helping traders anticipate potential reversal or continuation areas. ⸻ How It Works The indicator uses a confluence of conditions to detect zones: • Large Body Candles: Body size must exceed the moving average body size multiplied by a user-defined factor. • High Volume: Volume must exceed the moving average volume by a configurable multiplier. • Wick Rejection: Candles must show strong upper or lower wicks indicating aggressive rejection. • If all criteria are met: • Bullish candles form a Demand Zone. • Bearish candles form a Supply Zone. Each zone is plotted for a customizable number of future bars, representing areas where institutions may re-engage with the market. ⸻ Key Features • ✅ Highlights institutional demand and supply areas dynamically • ✅ Customizable sensitivity: body, volume, wick, padding, and zone extension • ✅ Zones plotted as translucent regions with auto-expiry • ✅ Works across all timeframes and markets ⸻ How to Use • Trend Traders: Use demand zones for potential bounce entries in uptrends, and supply zones for pullback short entries in downtrends. • Range Traders: Use zones as potential reversal points inside sideways market structures. • Scalpers & Intraday Traders: Combine with volume or price action near zones for refined entries. Always validate zone reactions with supporting indicators or price behavior. ⸻ Why This Combination? The combination of wick rejection, volume confirmation, and large candle structure is designed to reflect footprints of smart money. Rather than relying on fixed pivots or subjective zones, this logic adapts to the current market context with statistically grounded conditions. ⸻ Why It’s Worth Using This tool offers traders a structured way to interpret institutional activity on charts without relying on guesswork. By plotting potential high-impact areas, it helps improve reaction time. ⸻ Note : • This script is open-source and non-commercial. • No performance guarantees or unrealistic claims are made. • It is intended for educational and analytical purposes only.
Chỉ báo Pine Script®
của TradeTechanalysis
Volume Cluster Support & ResistanceVolume Cluster Support & Resistance This indicator identifies potential Support and Resistance (S/R) levels on the chart using Volume-Based Point of Control (POC) Clustering. It offers extensive customization for calculation parameters, display styles, and visualization options, including S/R zones, color gradients, and historical reaction markers. How It Works Volume Based S/R: Scans the specified Clustering Lookback period for "High Volume Bars", defined as bars where volume exceeds the average volume (over Volume Lookback Period) multiplied by the High Volume Threshold Multiplier. Calculates the Point of Control (POC) for each high-volume bar using hl2. Clusters these high-volume bar POCs: POCs within a proximity defined by Cluster Proximity (ATR) (Average True Range multiplier) are grouped together. Filters these clusters, requiring a Min Bars in Cluster to form a valid S/R zone. (Image showing the indicator being used on the Bitcoin 5min chart) The center price of valid clusters determines the S/R level. Clusters above the current price become potential Resistance, and those below become potential Support. Calculates the offset based on the most recent bar included in the cluster. Level Selection & Display: The indicator identifies multiple potential S/R levels. It then selects and displays the top Number of S/R Levels to Display support levels below the current price and resistance levels above the current price. (Image showing the indicator on the GBP/USD 5min chart) ATR Usage: The Average True Range (ta.atr(14)) is used in two key areas: Determining the proximity threshold for grouping POCs in the 'Volume Based' clustering (clusterProximityAtr). Calculating the width of the S/R zones when 'Use Zone Visualization' is enabled (zoneAtrMultiplier). Key Features & Components Dual Calculation Methods: Choose between Pivot-based S/R or Volume-based POC clustering. Volume Confirmation: Pivots require volume confirmation; Volume method directly analyzes high-volume bars. POC Clustering: Groups high-volume areas to identify significant price zones. Configurable Lookbacks: Adjust periods for volume averaging, pivot detection, and clustering analysis. Dynamic S/R Display: Shows a configurable number of the most relevant S/R levels relative to the current price. Optional Zone Visualization: Display levels as filled zones with configurable width (ATR-based), fill transparency, and border transparency. Includes a dashed center line. Optional Historical Reactions: Mark past price interactions (lows bouncing off support zones, highs rejecting from resistance zones) directly on the chart (Warning: Can significantly impact performance). Customizable Styling: Control line style (Solid, Dashed, Dotted), width, color (separate for Support & Resistance), and horizontal extension (None, Left, Right, Both). Price Labels: Toggle visibility of price labels next to each S/R level/zone. Visual Elements Explained S/R Lines/Zones: Plotted lines or filled zones representing calculated support and resistance levels. Color-coded for Support (default green) and Resistance (default magenta). Line/Zone Borders: Appearance controlled by Style settings (Style, Width, Extension). Can have a gradient color effect based on age if enabled. Zone Fills: Semi-transparent fills for zones (if enabled), with configurable transparency. Fill color matches the border color (including gradient effect if enabled). Zone Center Line: A thin, dashed line indicating the exact calculated S/R price within a zone. Price Labels: Text labels showing the exact price of the S/R level. Historical Reactions: Small dot markers appearing on historical bars where price potentially reacted to a displayed zone (only if Show Historical Reactions is enabled). Configuration Options Users can adjust the following parameters in the indicator settings: Calculation Method: Select "Pivot Based" or "Volume Based". Volume Zone Settings (Volume Based): Threshold multiplier, clustering lookback, cluster proximity (ATR), minimum bars per cluster. Display Options: Toggle S/R visibility, price tags, set the number of levels to show. Volume Settings: Volume lookback period, volume multiplier (for Pivot confirmation). Style Settings: Line style, width, extension, support/resistance text and line colors, enable gradient coloring, set gradient start/end colors. Zone Visualization: Enable/disable zones, set zone width (ATR multiplier), fill and border transparency, enable/disable historical reaction markers (performance warning). Interpretation Notes This indicator identifies potential areas of support and resistance based on historical price action and volume analysis. These levels are not guaranteed reversal points. The 'Volume Based' method focuses on areas where significant trading activity occurred, while the 'Pivot Based' method focuses on price turning points confirmed by volume. Use the displayed levels in conjunction with other technical analysis tools, price action patterns, and risk management strategies. Be mindful of the performance impact when enabling Show Historical Reactions, especially on longer timeframes or with large lookback periods. The default setting is false for optimal performance. The max_bars_back setting is optimized for performance; increasing it significantly may slow down chart loading. Risk Disclaimer Trading involves significant risk. This indicator is provided for analytical and educational purposes only and does not constitute financial advice or a trading recommendation. Past performance is not indicative of future results. Always use sound risk management practices and never trade with capital you cannot afford to lose.
Chỉ báo Pine Script®
của sizzlinsoft
1
Major Session Highs/LowsThis indicator creates horizontal lines at major session high/lows (US, London, and Asian). The script updates the lines automatically, on session close. For instance, when viewing during the US session, after the London overlap, horizontal lines will be displayed at the following levels. The high/low of the most recent London session. The high/low of the most recent Asian session. The high/low of the last full US session, i.e. the session of the day prior. When the current US session closes, the US levels automatically update.
Chỉ báo Pine Script®
của chicanodatascientist
1