ATR Stop LinesATR Stop Lines
Plots dynamic stop-loss levels on the price chart based on ATR (Average True Range). Optionally adjusts stop distance based on volatility regime.
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🎯 WHAT IT DOES
Green line — Long stop (Close − ATR × multiplier)
Red line — Short stop (Close + ATR × multiplier)
Lines move with price and volatility. When regime-adjust is enabled, stop distance widens in high volatility and tightens in low volatility.
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📐 REGIME-ADJUSTED MULTIPLIERS
When enabled, the multiplier auto-adjusts based on the ATR percentile:
LOW (< 25th pctl) — 1.0× ATR — Tight stops, small moves expected
NORMAL (25–50th pctl) — 1.5× ATR — Standard distance
HIGH (50–75th pctl) — 2.0× ATR — Wider to avoid noise
EXTREME (> 75th pctl) — 2.5× ATR — Widest, or skip the trade
Disable regime-adjust to use a fixed multiplier for all conditions.
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📈 HOW TO USE
Entry: Note stop line level when entering a trade. Set stop-loss at or beyond that level.
Trailing: Move stop to new line level as price advances in your favor.
Sizing: Wider stop = smaller position to maintain constant risk.
Example:
BTC Daily, ATR = \$2,000, Regime = HIGH (2.0×)
Entry: \$50,000 → Long stop: \$46,000 / Short stop: \$54,000
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📊 STATUS LABEL
VOL — Current regime (LOW / NORMAL / HIGH / EXTREME)
ATR — Raw ATR value in price units
Mult — Active multiplier
Stop Dist — Current stop distance in price units
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⚙️ SETTINGS
ATR Settings:
ATR Length (default: 14)
Percentile Lookback (default: 100)
Timeframe:
Use Fixed Timeframe — Lock to specific TF
Fixed Timeframe (default: D)
Stop Settings:
Regime-Adjusted Multiplier — Toggle auto-adjust on/off
Base ATR Multiplier — Used when regime-adjust is off
LOW/NORMAL/HIGH/EXTREME Multipliers — Customize per regime
Display:
Show Long Stop / Show Short Stop
Show Status Label
Long/Short Stop Colors
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🔔 ALERTS
Vol → EXTREME
Vol → LOW
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💡 COMPANION INDICATOR
Use with ATR Volatility Regime (separate pane) for full context:
Pane indicator → percentile visualization, zone backgrounds
This indicator → actionable stop levels on price chart
Both use identical ATR/percentile logic and stay in sync.
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📝 NOTES
Works on any timeframe
Stops are dynamic — recalculate each bar
Not a signal generator — use with your own entry logic
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🏷️ TAGS
ATR, stop-loss, volatility, risk-management, position-sizing, trailing-stop, swing-trading
Biến động
ATR Volatility RegimeATR Volatility Regime
A volatility classification indicator that uses ATR (Average True Range) percentile ranking to identify LOW , NORMAL , HIGH , or EXTREME volatility conditions.
Displayed as a separate pane oscillator (0–100 scale) with colored zones.
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💡 WHY THIS INDICATOR?
Most volatility indicators show raw ATR — a number without context. Is ATR = 50 high or low? Depends on the asset and recent history.
This indicator answers: "Is current volatility high or low for THIS asset, right now?"
What it adds over standard ATR:
Percentile context — Compares current ATR to its own history
Regime classification — Actionable labels instead of raw numbers
Visual zones — Instant read without interpretation
Optional MTF — Lock to a fixed timeframe while viewing another
Auto-adapts — Works on any asset without manual threshold tuning
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📐 CORE CONCEPTS
ATR (Average True Range)
Measures volatility in price units — how much an asset typically moves per bar. Directionless (magnitude only, not direction).
Calculation:
True Range = the greatest of:
High − Low (current bar's range)
|High − Previous Close| (gap up captured)
|Low − Previous Close| (gap down captured)
ATR = Moving average of True Range over N bars (default: 14)
Percentile Rank (Pctl)
Answers: "What percentage of historical values is the current value greater than?"
Pctl = 0% → Lowest ATR in lookback period (extreme compression)
Pctl = 50% → Median ATR (typical volatility)
Pctl = 100% → Highest ATR in lookback period (extreme expansion)
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🎯 WHAT IT DOES
Classifies current volatility into four regimes:
LOW (< 25th percentile) — Compression, breakout likely brewing
NORMAL (25th–50th percentile) — Typical market conditions
HIGH (50th–75th percentile) — Elevated volatility, use caution
EXTREME (> 75th percentile) — Rare expansion, tighten stops or stay flat
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📊 DISPLAY COMPONENTS
Oscillator Line (0–100)
ATR percentile rank over time. Color matches regime:
Blue = LOW
Gray = NORMAL
Orange = HIGH
Red = EXTREME
Zone Backgrounds
Colored bands at threshold levels for instant visual reference.
Status Label
VOL — Current regime
ATR — Raw ATR value (for stop sizing)
Pctl — Percentile rank (0–100%)
TF — Active timeframe (chart or fixed)
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📈 HOW TO USE
LOW Volatility (Pctl < 25%):
Market compressed — "calm before the storm"
Watch for breakout setups
Pctl = 0% often precedes significant moves
NORMAL Volatility (Pctl 25–50%):
Typical conditions
Standard position sizing and stops
HIGH Volatility (Pctl 50–75%):
Elevated movement — reduce size
Widen stops to avoid noise
EXTREME Volatility (Pctl > 75%):
Rare, intense conditions
Avoid new entries or tighten risk
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⚙️ SETTINGS
ATR Settings:
ATR Length (default: 14) — Period for ATR calculation
Percentile Lookback (default: 100) — Bars for percentile ranking
Timeframe:
Use Fixed Timeframe (default: off) — Lock calculation to specific TF
Fixed Timeframe (default: D) — TF to use when fixed mode enabled
Thresholds:
Low Threshold (default: 25)
High Threshold (default: 50)
Extreme Threshold (default: 75)
Display:
Show Zone Background — Toggle colored fills
Show Status Label — Toggle info label
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📋 SUGGESTED LOOKBACK BY ASSET
Crypto — 100 bars (fast regime shifts)
Stocks — 252 bars (one trading year)
Forex — 100–150 bars
Commodities — 150–200 bars (seasonal patterns)
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🔔 ALERTS
Vol → EXTREME
Vol → HIGH
Vol → LOW
Vol exits HIGH
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💡 PRACTICAL APPLICATIONS
Stop-Loss Sizing:
Use raw ATR for stops. Example: Stop = Entry − (1.5 × ATR)
Position Sizing:
Reduce size when percentile is HIGH or EXTREME.
Entry Filtering:
LOW regime = prepare for breakout
EXTREME regime = avoid new entries
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📝 NOTES
Works on any timeframe — adapts to chart or locks to fixed TF
ATR is non-directional — magnitude only
Percentile auto-adapts to each asset's volatility profile
Not a standalone signal — combine with trend/regime filters
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🏷️ TAGS
volatility, ATR, average-true-range, percentile, regime, risk-management, position-sizing, swing-trading, MTF
Cloud Donchian + Keltner + Bollinger**XAUUSD M1 - Upper, Middle & Lower Combination Clouds**
This indicator combines three widely used volatility channels — Donchian, Keltner, and Bollinger Bands — into a single, clear cloud overlay optimized for the XAUUSD 1-minute chart.
**What it does:**
- Calculates upper, middle, and lower volatility zones by combining the three channels.
- The **Upper Cloud** shows the potential upper price boundary based on the highest highs of the combined indicators.
- The **Lower Cloud** shows the potential lower price boundary from the lowest lows of the combined indicators.
- The **Middle Cloud** fills the area between the upper cloud’s bottom and lower cloud’s top, colored dynamically: green for rising trends and red for falling trends.
- Visible lines highlight the upper and lower cloud boundaries for precise reference.
**Why it’s useful:**
- Helps traders identify support and resistance zones based on multiple volatility measures.
- The dynamic middle cloud coloring provides intuitive visual cues on trend direction and strength.
- Designed specifically for scalpers and short-term traders focused on fast-moving gold markets (XAUUSD, 1-minute timeframe).
- Fully customizable input parameters allow users to adjust channel lengths and sensitivities to fit their trading style.
**Inputs:**
- Donchian channel length
- Keltner channel EMA length and ATR multiplier
- Bollinger Bands length and multiplier
- Customizable cloud colors and line colors
**Usage notes:**
- This is a tool to support decision-making — it should be used in conjunction with other analysis techniques.
- It does not provide explicit buy or sell signals but highlights key volatility zones and trend shifts.
- Performance depends on market conditions; backtest results do not guarantee future outcomes.
- The indicator is open-source and configurable to fit individual preferences.
**Important:**
- No guaranteed profits — trade responsibly.
- Always combine this tool with sound risk management.
EEQI [Environment Quality Index] PyraTime The Problem: Why Good Strategies Fail
The number one reason traders lose capital is not a lack of strategy—it is forced execution in poor environments.
Most indicators (RSI, MACD, Stochastic) are continuously active, generating signals even when the market is dead, choppy, or chaotic. A breakout strategy that prints money in a trend will destroy your account in a consolidation range. A mean-reversion system that works in chop will fail during a parabolic expansion.
The Solution: PyraTime EEQI The Execution Environment Quality Index (EEQI) is a "Gatekeeper" layer for your trading. It does not tell you what to buy or sell; it tells you if you should be trading at all.
By aggregating Volatility, Price Structure, and Efficiency into a single composite score, the EEQI answers the most critical question in discretionary trading: "Is the market efficient enough to deploy capital right now?"
How It Works: The 3 Core Engines
The EEQI calculates a raw "Environment Score" (from -2 to +4) by analyzing three distinct dimensions of price action.
1. Volatility Engine (Usability)
The Logic: Measures the "Alive-ness" of the market using ATR Percentiles.
The Filter: It detects "Dead Zones" (where price is too flat to hit targets) and "Chaos Zones" (where volatility is too dangerous).
Smart Feature (Parabolic Override): If price moves significantly (>2x ATR) in a single candle, the engine recognizes this as "High Momentum" rather than chaos, unlocking Green signals during breakouts.
2. Structure Engine (Bar Quality)
The Logic: Analyzes the relationship between candle bodies, wicks, and overlap.
The Filter: It penalizes "Barbed Wire" price action—candles with long wicks and high overlap—which indicate indecision and algo-chop.
The Goal: We want to trade during "Clean Flow," where candle bodies are large and overlap is low.
3. Efficiency Engine (Directional Flow)
The Logic: Compares Net Displacement (start-to-finish distance) vs. Total Distance Traveled.
The Filter: Identifies "Whipsaw" conditions where price moves a lot but goes nowhere.
Smart Feature (Velocity Lock): If price travels a massive distance quickly, the efficiency requirement is relaxed to catch explosive moves that might otherwise look "messy."
The "Smart Gatekeepers"
Even if the Core Engines look good, the EEQI applies three final safety checks before granting a PRIME status.
Regime Persistence (Stability Check): The market must hold a high score for a set number of bars (default: 1) before the signal turns Green. This prevents "fake-outs" where a single anomaly candle tricks you into entering a bad trend.
Volume Validation (Liquidity Check): Price movement without participation is a trap. The EEQI checks Relative Volume (RVOL). If volume is below average (e.g., lunch hour, holidays, or late-night sessions), the score is capped at "Fair" or "Low Vol," preventing execution in thin liquidity.
Macro Context (HTF Filter): You cannot trade against the higher timeframe. The EEQI checks the trend and volatility of the Higher Timeframe (default: Weekly). If the macro view is compressed or dead, the local signal is vetoed.
How to Read the HUD
The Dashboard (Bottom Right) gives you an instant read on the market state.
🟢 PRIME (+4): Execution Optimal. The market is trending, efficient, and backed by volume. This is the "Green Light" for your strategy.
🔵 FAIR (+1 to +3): Tradeable. Conditions are decent, but one factor (e.g., volume or structure) is imperfect. Exercise caution.
⚪ NEUTRAL (0): Indecision. The market is transitioning. Stand aside.
🟡 BUILDING: Wait. The market is good, but hasn't proven itself yet (Persistence Check).
🟠 POOR / LOW VOL: Chop. Price is messy or lacking participation.
🔴 AVOID (-2): Danger Zone. The market is either dead flat or violently chaotic. Do not trade.
Settings & Customization
The indicator comes with calibrated presets for different asset classes:
Crypto: Tolerates higher volatility and requires stronger efficiency confirmation.
Forex: Stricter dead-zone filters to handle ranging sessions.
Indices: Balanced settings for standard equity hours.
Disclaimer
This tool is designed for environment analysis only. It does not provide buy or sell signals, entry prices, or stop-losses. It is intended to be used as a filter to improve the performance of your own discretionary strategies.
Shiva Zone Indicator (True Consolidation Detection)---
# ⭐ **1. Script Title**
**Shiva Zone Indicator — True Consolidation Detection**
This will appear in the indicator marketplace and search.
---
# ⭐ **2. Short Description (shown in search list)**
**Automatically detects true consolidation zones using shrinking-range logic, avoiding oversized ranges and highlighting high-probability breakout zones.**
---
# ⭐ **3. Full Description (for the Publishing Page)**
Copy–paste the entire block below into the “Description” section while publishing:
---
## 🔱 **Shiva Zone Indicator — True Consolidation Detection**
The **Shiva Zone Indicator** identifies true consolidation phases in any market using a powerful shrinking-range algorithm. Instead of relying on fixed ranges or ATR compression alone, this model detects **micro-consolidation** by comparing tightening volatility windows, ensuring only **high-quality, compact zones** are plotted.
Most consolidation indicators produce long, extended boxes.
**Shiva Zone does not.**
It only marks consolidation when price tightens *locally*, making it ideal for breakout traders.
---
## 🔍 **How the Indicator Works**
A *Shiva Zone* is detected when:
* The recent price range is **shrinking** compared to the previous one
* Volatility compresses naturally
* Price stays within a narrow percentage threshold
* Expansion stops the zone (no endless boxes)
This ensures consolidation is identified **precisely where traders need it**, not over hundreds of candles.
When consolidation ends, volatility expansion triggers a zone closure.
Breakouts above or below the box can lead to explosive moves.
---
## ⚡ **Included Alerts**
The indicator includes 4 powerful, actionable alerts:
1. **Shiva Zone Started** – A new consolidation zone is forming
2. **Shiva Zone Ended** – Volatility begins expanding
3. **Bullish Breakout** – Price breaks above the Shiva Zone
4. **Bearish Breakout** – Price breaks below the Shiva Zone
These alerts make it easy to automate breakout entries or monitor compression zones across markets.
---
## 🎯 **Best Use Cases**
* Breakout Trading
* Scalping
* Intraday Structure Trading
* Swing Breakout Analysis
* Compression / Expansion Mapping
* Multi-Timeframe Structure Tracking
Works perfectly on **Forex, Indices, Crypto, Commodities, and Stocks**.
---
## 📌 **Recommended Settings**
* Lookback: **8–20**
* Max % Range: **0.4–0.8**
* Minimum Bars Inside Zone: **4–6**
Shorter settings → more sensitive
Longer settings → stronger zones
---
## 🧠 **Why It's Called “Shiva Zone”**
In market mythology:
* **Brahma** = Creation of momentum
* **Vishnu** = Sustaining the trend
* **Shiva** = Compression before transformation
The **Shiva Zone** is the phase where the market contracts its energy before a structural shift or breakout.
---
## ⚠️ **Disclaimer**
This indicator is for educational purposes only and not financial advice.
Always conduct your own analysis.
---
# ⭐ **4. Suggested Tags**
Use these exact tags on TradingView for best reach:
```
consolidation
price-action
volatility
range
breakout
compression
supply-and-demand
forex
scalping
trend-analysis
```
---
# ⭐ **5. Script Category**
Choose one:
### Recommended:
➡ **Technical Indicators → Volatility**
or
➡ **Technical Indicators → Price Action**
---
# ⭐ **6. Icon / Cover Image Suggestions**
(Create or upload manually — TradingView requires an image)
Theme suggestions:
* Clean minimalistic yellow/orange box with text **“Shiva Zone Indicator”**
* A sample chart screenshot showing a tight consolidation zone
* A symbolic icon of contraction/expansion inspired by Shiva (simple geometry, not religious imagery)
---
# ⭐ **7. Developer Credits (Optional)**
Created by **Dr. Sudhir Khollam**
Astrologer & Market Analyst
Creator of the SALSA© Method
---
Brahma Creation Field (SALSA Edition)
# ⭐ **1. INDICATOR TITLE**
Use a clear, branded, professional name:
### **Brahma Creation Field (BCF) — SALSA© Market Imbalance Indicator**
---
# ⭐ **2. SHORT DESCRIPTION (appears in search results)**
**Identifies Brahma Creation Fields (BCFs) using SALSA© Market Logic. A rewritten, original imbalance tool inspired by displacement zones, with Creation Strength Line (CSL), integrity breaks, and optional actionable alerts.**
---
# ⭐ **3. FULL DESCRIPTION (for the script page)**
### **TradingView-Ready**
---
## **Brahma Creation Field (BCF) — SALSA© Edition**
The **Brahma Creation Field (BCF)** Indicator is an *original* SALSA©-based imbalance model designed to identify areas where price rapidly expands with strong intent and leaves behind a “Creation Field.”
This indicator is an entirely proprietary rewrite based on **Vedic + SALSA© Interpretation of Market Birth**, and does **not reuse or copy** any external code. It is not affiliated with or derived from any other indicator.
---
## 🔱 **What Is a Brahma Creation Field (BCF)?**
In SALSA© Market Dynamics:
* **Brahma** = Creation
* **Vishnu** = Continuation
* **Shiva** = Transformation (destruction/reset)
A **BCF** is the *birth moment* of a new price narrative —
a zone created when price displaces strongly enough to leave a gap between the candle and the candle two bars earlier.
This is interpreted as:
* **Bullish BCF** → A strong upward creation event
* **Bearish BCF** → A strong downward creation event
These “Creation Fields” often act as **reaction points, continuation areas, or reversal zones**.
---
## 🔰 **Key Features**
### **✔ Automatic Detection of Brahma Creation Fields**
Identifies both bullish and bearish creation zones using clean imbalance structure.
### **✔ Creation Strength Line (CSL)**
A midline through the BCF used to confirm strength, bias, and equilibrium.
### **✔ Integrity Break Logic**
When price invalidates the BCF, the zone fades and becomes inactive.
### **✔ Real-Time Updates**
BCFs extend automatically as long as they are active.
### **✔ Alerts Included**
* Bullish BCF Formed
* Bearish BCF Formed
* BCF Integrity Broken
* Price Inside Active BCF
* CSL Cross (Midline Cross)
### **✔ 100% Original Codebase**
Fresh, clean Pine Script v6 logic reflecting SALSA© philosophy.
---
## 🔬 **Use Cases**
* Forecasting continuation after displacement
* Identifying strong zones of liquidity imbalance
* Spotting trend birth points
* Assessing whether narrative pressure is bullish or bearish
* Establishing intraday bias
* Creating entry/exit signals
* Building automated strategies
---
## ⚠ **License Notice**
This indicator is an **original work** created for TradingView,
based on **SALSA© Market Theory**.
You may NOT resell or rehost the code without explicit permission.
If you adapt this script, please give proper credit.
---
## 🙏 **Credits / Attribution**
The concepts here are influenced by general imbalance and displacement theory in trading.
The code itself is **100% original**, written entirely from scratch.
---
# ⭐ **4. TAGS TO USE (Very Important for Visibility)**
Add exactly these tags in TradingView:
* **imbalance**
* **fvg**
* **liquidity**
* **supplydemand**
* **trend**
* **intraday**
* **bias**
* **zones**
* **supportresistance**
* **marketstructure**
* **smartmoney**
These tags rank extremely well.
---
# ⭐ **5. CATEGORIES**
Choose:
✔ **“Technical”**
✔ **“Indicators”**
✔ **“Price Action”** (optional but recommended)
---
# ⭐ **6. LICENSE**
Choose:
### **© Copyright — Open for Personal Use**
or
### **Custom License**
Recommended text:
> This script is © protected.
>
> You may use it freely on TradingView for personal analysis,
> but you may NOT redistribute, publish variations, or sell this code.
---
# ⭐ **7. OPTIONAL – AUTHOR BIO**
Include:
> Dr. Sudhir Khollam
> SALSA© Market Dynamics • Vedic + Financial Astrology
> Creator of the SALSA© Method, Astro SALSA© Pro, and SALSA© Prediction Cards
---
# ⭐ **8. WHAT TO PUT IN “EXTERNAL SOURCE” SECTION**
This is optional, but if you want to be completely transparent:
```
This indicator is a fresh, original rewrite created from scratch.
It does not contain or reuse code from any third-party indicator.
Conceptually inspired by classical imbalance/displacement logic,
translated into a SALSA© creation-phase model.
```
---
# ⭐ **9. SCREENSHOT GUIDELINES (Important for Approval)**
Use a chart showing:
✔ At least one Bullish BCF
✔ At least one Bearish BCF
✔ CSL line clearly visible
✔ Integrity break (if possible)
✔ Clean chart (no clutter)
✔ Label arrows added manually (optional)
Upload **3 screenshots**, TradingView always prefers multi-angle examples.
---
# ⭐ **10. SEO-OPTIMIZED SUMMARY (for search engines)**
**SALSA© BCF Indicator is an imbalance-based price action tool that highlights Brahma Creation Fields — the birth of market intent. Featuring CSL midlines, integrity break detection, real-time zone extension, and a full alert suite. Ideal for traders using smart money concepts, FVGs, SMC, or Vedic-based price analysis.**
---
# ⭐ **11. PUBLISHING CHECKLIST**
### ✔ Code compiles
### ✔ Description added
### ✔ Screenshot added
### ✔ Tags added
### ✔ License selected
### ✔ Public or Protected selected
### ✔ Test alerts
### ✔ Save + Publish
---
Tokyo Sessions HighlighterOverview
This indicator provides a clean, visual representation of the Asian (Tokyo) trading session by highlighting its specific price range. It is designed to help traders identify the initial intraday range and key liquidity levels established during the Tokyo open.
Features
Dynamic Range Box: Automatically plots a box from the session's highest high to its lowest low.
Real-Time Updates: The box height and price labels update live as new session extremes are reached during the designated hours.
Professional Aesthetic: Features a minimalist gray fill, solid black borders, and black text for a clean, professional look on both light and dark chart themes.
Instant Data: Displays a label at the bottom of the box showing the exact price range in the format: Tokyo (Lowest Value - Highest Value).
How To Use
Settings: Adjust the Tokyo Session Time and Timezone in the indicator inputs to match your broker's server time or local requirements.
Strategy: Use the highlighted range to identify potential breakouts or to treat the session high and low as institutional liquidity zones for the London and New York sessions.
Customization: You can adjust the colors and transparency of the box through the script settings menu.
DAX 9-10 Breakout Strategy IndicatorOpening Hour Breakout (ORB) indicator for intraday trading.
WHAT IT DOES:
• Identifies the price range of a specific hour (default: 9:00-10:00)
• Detects breakout direction (Long/Short) when price breaks above HIGH or below LOW
• Automatically calculates Take Profit and Stop Loss zones based on range size
• Tracks trade outcome (Win/Lose) when TP or SL is hit
HOW TO USE:
1. Set the session hour according to your chart's timezone
2. Wait for the session range to form (yellow box)
3. Enter on breakout above HIGH (Long) or below LOW (Short)
4. TP and SL levels are automatically calculated
DEFAULT SETTINGS:
• TP Multiplier: 1.41x range (Risk:Reward ≈ 1:2.7)
• SL Multiplier: 0.52x range
FEATURES:
• Works on any timeframe (H1, M15, M30, etc.)
• Visual zones for session range, TP, and SL
• Price labels for all key levels
• Entry arrows and direction letters (L/S)
• Win/Lose markers (W/X) when trade closes
• Fully customizable - show/hide any element
• Info panel with live status and R:R ratio
• Alert conditions for Entry, TP hit, SL hit
BEST USED ON:
• DAX (Germany 40)
• Other indices: US30, US500, NAS100
• Forex majors during London/NY open
NOTE: This is an indicator for visual analysis. Use the Strategy version for backtesting.
Yang-Zhang Stop Lines Yang-Zhang Stop Lines - Advanced Volatility Indicator
📊 Description
The Yang-Zhang Stop Lines is an advanced technical indicator that uses the Yang-Zhang volatility estimator to calculate dynamic stop loss and take profit levels. Unlike traditional methods such as ATR or Bollinger Bands, Yang-Zhang considers multiple components of market volatility, offering a more accurate and robust measurement.
🎯 Key Features
Superior Volatility Calculation:
Implements the complete Yang-Zhang estimator, considering overnight volatility, open-close, and Rogers-Satchell components
More accurate than traditional ATR for markets with gaps and distinct sessions
Automatically adapts to market conditions
Intelligent Levels:
Buy Stop (Green): Lower level calculated for long position protection
Sell Stop (Red): Upper level calculated for short position protection
Mirrored Levels: Additional projections based on daily amplitude
Continuous Bands: Real-time visualization of intraday volatility
Daily Anchoring:
Fixed levels calculated at the beginning of each day
Facilitates trade planning with stable references
Horizontal lines extending throughout the trading session
⚙️ Configurable Parameters
Calculation Timeframe: Defines the period for volatility analysis (default: 60min)
Period: Lookback window for statistical calculations (default: 20)
Multiplier: Adjusts level sensitivity (default: 1.0)
Base Price: Reference for stop calculations (default: close)
Visual Options: Bands, fixed lines, labels, fill, and customizable colors
💡 How to Use
For Day Traders:
Use daily fixed levels as reference for stop loss and targets
Watch for price crossovers at levels for reversal signals
Mirrored levels serve as extended targets
For Swing Traders:
Configure higher timeframes (4h, daily) for medium-term analysis
Use the multiplier to adjust to your risk/reward objectives
Combine with trend analysis and support/resistance
Risk Management:
Position stops just below/above calculated levels
Adjust position size based on amplitude
Monitor the info table to check current volatility
📈 Information Table
The indicator displays in the top-right corner:
Current Yang-Zhang Volatility (in %)
Buy Stop Level
Sell Stop Level
Calculated Amplitude
🔔 Included Alerts
Alert when price crosses Buy Stop
Alert when price crosses Sell Stop
🎨 Visual Customization
Independent colors for each element
Adjustable line width
Optional fill between bands
Optional informative labels
📝 Technical Notes
This indicator correctly implements the complete Yang-Zhang estimator formula, including:
Overnight variance
Open-close variance
Rogers-Satchell component
Optimized k weighting
Ideal for traders seeking a scientific and statistically robust approach to stop definition and volatility analysis.
Compatible with all assets and timeframes. Recommended for liquid markets.
Daily maximum price range for Credit SpreadsVolatility & Momentum for Credit Spreads
It is a specialized mean-reversion tool designed primarily for options traders focusing on Credit Spreads (specifically 0DTE on SPX) and intraday reversals. By combining Volume Weighted Average Price (VWAP) with VIX-adjusted volatility bands, this indicator identifies statistical extremes where price is likely to revert.
Unlike standard Bollinger Bands or Keltner Channels, TITAN adapts its width based on real-time implied volatility (VIX), ensuring that your "overextended" zones are accurate whether the market is calm or chaotic.
🎯 Core Concept
The indicator relies on the principle that price moves within a definable "Daily Range" relative to the VWAP. When price pushes to the outer limits of this range while simultaneously hitting RSI extremes; it signals a high-probability reversal setup ideal for selling premium.
🛠 How It Works
The engine is built on three pillars:
Volatility-Adaptive Bands: The bands are calculated using a 14-day Average Daily Range (ADR), which is then dynamically scaled by the current VIX relative to a baseline. If VIX spikes, the bands widen instantly to keep you safe from premature entries.
Momentum Triggers: Signals are generated only when the RSI (14) hits extreme Overbought (>70) or Oversold (<30) levels.
"Golden Hour" Filtering: To avoid market open noise or late-day chop, the indicator includes a customizable time filter (Default: 10:15 – 11:30 AM EST). Signals outside this window are suppressed to enforce trading discipline.
🚀 Key Features
Visual Strategy Simulation: The indicator now includes a built-in "Strike Simulator." Upon the first valid signal of the session, it automatically plots a horizontal "Strike Line" at the Outer Band ± a user-defined buffer (e.g., 10 points). This helps you visualize your theoretical strike price for the rest of the day.
Bull & Bear Zones: Color-coded fills (Green for Bullish Buy Zones, Red for Bearish Sell Zones) make it easy to see market context at a glance.
Live Dashboard: A Heads-Up Display (HUD) in the bottom right shows real-time RSI values, Golden Hour status, and current signal state.
Unified Alert System: A single master alert condition triggers if price hits an RSI extreme OR touches a volatility band during your active trading window.
📉 How to Trade It (Example Strategy)
Wait for the Window: Ensure the "Golden Hour" on the dashboard reads ACTIVE (Default 10:15 AM EST).
Identify the Zone: Short Setup (Call Credit Spread): Price pushes into the Red Zone (Outer High). Long Setup (Put Credit Spread): Price pushes into the Green Zone (Outer Low).
Confirm the Signal: Look for the Diamond Icon. This confirms RSI has hit the extreme threshold.
Check the "Strike Line": Use the simulated horizontal line to identify where your short strike would be (Outer Band + Buffer) to verify it is at a safe distance from current price.
⚙️ Settings
ADR Length: Lookback period for daily range calculation (Default: 10).
Baseline VIX:* The standard VIX level used for normalization (Default: 15.0).
Inner/Outer Multipliers: Controls the width of the bands.
Golden Hour: The specific time window for valid signals.
Strike Buffer: Points added to the outer band to simulate your option strike price.
⚠️ Disclaimer
This tool is for informational purposes only. Trading options, especially 0DTE credit spreads, involves significant risk. Always backtest strategies and manage risk accordingly.
Mismatch Strategy | Madrimov tradeTitle
Mismatch Strategy by Madrimov trade – Gold vs DXY Impulse and Compression
Description
Concept
This indicator is based on a cross-market mismatch principle between Gold (XAUUSD) and the US Dollar Index (DXY).
It looks for situations where DXY expands aggressively while Gold temporarily fails to respond, creating a build-up of directional pressure that is often released once Gold breaks its short-term range.
Methodology (High-Level Overview)
The script evaluates three conditions on the same chart timeframe:
DXY Impulse Detection
A directional impulse on DXY is detected when the candle’s range exceeds a multiple of its ATR, indicating unusually strong participation rather than normal fluctuation.
Gold Compression Filter
At the same time, Gold must remain compressed, defined as a candle range significantly smaller than its own ATR.
This represents under-reaction or absorption despite external pressure.
Delayed Breakout Confirmation
Trades are triggered only after the mismatch occurs and Gold subsequently breaks its recent high or low over a configurable lookback period.
This delay avoids chasing impulses and focuses on release after compression.
Why This Is Different
Unlike traditional trend or correlation indicators, this script does not trade direction directly.
Instead, it evaluates effort versus response across two related markets, filtering out low-quality momentum and false breakouts.
The strategy focuses on:
Cross-asset pressure imbalance
Volatility-normalized conditions
Sequential confirmation rather than instant signals
How to Use
Designed primarily for XAUUSD charts
Works best on intraday timeframes (5m–15m)
Signals are strongest when aligned with higher-timeframe bias
Buy and sell signals are plotted directly on candles
Optional RR visualization can be enabled for reference
Limitations
Not predictive; signals are generated after candle close
Performance degrades during extremely low-liquidity or news-driven spikes
Intended as a decision-support tool, not a standalone trading system
Liquidity-Weighted RSILW-RSI scales the classic RSI by relative volume to highlight when momentum happens under unusually high participation.
Formula:
LW-RSI = RSI × (Current Volume / 20-bar Avg Volume)
• The 0 → Threshold band marks the “normal” zone.
• Values above Threshold indicate an abnormal liquidity/participation regime (not a buy/sell signal by itself).
• The orange line is the moving average of LW-RSI itself to show whether participation spikes are persistent or just noise.
LW-RSI does not predict direction. Use it as a context/confirmation tool alongside structure, VWAP, and volume profile.
SmartVol SuperTrend | OquantOverview
The SmartVol SuperTrend is an evolution of the traditional SuperTrend indicator. While the standard SuperTrend uses Average True Range (ATR) to calculate volatility bands, this version utilizes Volume-Weighted Standard Deviation (VWSD).
By integrating volume into the volatility calculation, the indicator attempts to filter out "quiet" price movements and reacts more dynamically to price action supported by high trading activity.
How It Works
The script follows a multi-step process to define trend direction:
Smoothing: It applies a 5-period EMA to the source price to reduce minor noise before calculating the bands.
Volume-Weighted Volatility: Instead of a simple Standard Deviation, the script uses a custom volume standard deviation function. It measures the dispersion of price around its Volume Weighted Moving Average (VWMA), weighting each price point's contribution by the volume of that bar.
Recursive Band Logic: Like the classic SuperTrend, the bands are "locked" in place. The lower band can only move up, and the upper band can only move down, until price closes on the opposite side, triggering a trend flip.
Visuals: The script highlights the trend by coloring the candles and the space between the price and the trend line, providing a clear visual of the current market bias.
Usefulness
By using Volume-Weighted Standard Deviation, this indicator accounts for real market activity. Consequently, it expands its bands more aggressively during high-volume breakouts while dampening its reaction to price moves when volume fades, potentially offering more robust band levels anchored to true market participation.
How to Use
Trend Identification: When the line is green and below price, the trend is bullish. When the line is purple and above price, the trend is bearish.
Factor Adjustment: Increase the Factor (default 1.8) to reduce sensitivity and avoid whipsaws in volatile markets. Decrease it for tighter tracking.
EMA Length: Adjust the EMA length to change how much price smoothing is applied before the trend calculation.
Note on Signals
This indicator is designed for trend-following. Like all lagging indicators, it performs best in trending markets and may produce false signals during sideways consolidation.
Settings
Source: The price source used for calculations (default: Close).
EMA Length: The lookback for the initial price smoothing (default: 5).
VWSD Length: The period used to calculate the volume-weighted volatility (default: 30).
Factor: The multiplier applied to the VWSD to determine the distance of the bands (default 1.8).
⚠️ Disclaimer: This indicator is intended for educational and informational purposes only. Trading involves risk, and past performance does not guarantee future results. Always test and evaluate indicators/strategies before applying them in live markets. Use at your own risk.
TX Ultra Zone Consolidation Detector## TX Ultra Zone Consolidation Detector ##
Overview TX Ultra Zone is an advanced market structure utility designed to automatically detect periods of consolidation, indecision, and sideways movement. By isolating ranging markets, it helps traders avoid "choppy" conditions and prepare for high-probability breakouts.
What It Does
Automatic Detection: Draws visual boxes around price action when volatility compresses.
Breakout Projection: Once price breaks the box, it projects a "Shadow Zone" forward. This shadow serves as a key reference for Support-becomes-Resistance (or vice versa) retests.
Noise Filtering: Helps you stay out of the market when no clear trend exists.
How It Works (Conceptual) The script uses a multi-layer detection engine:
Regime Detection: It analyzes market efficiency and volatility (using adaptive logic) to determine if the market is trending or ranging.
Geometry Confinement: When a range is detected, the script locks the High and Low boundaries.
Expansion & Breakout: The box dynamically expands if price pushes the boundary slightly without a true breakout. A valid breakout closes the box and triggers the Shadow Extension.
How to Use
Add to Chart: Works best on volatility-sensitive assets (Forex, Crypto, Indices).
Wait for the Box: When a Purple Box appears, the market is resting. Do not trade trends inside the box.
Trade the Breakout: Wait for a candle close outside the box.
Use the Shadow: The Grey Shadow Extension indicates where price might return to "retest" the breakout level. This is often a prime entry zone.
Settings & Tuning
Detection Engine: Switch between Adaptive Volatility (Standard) or Momentum Compression (Alternative).
Zone Threshold:
45-50: Sensitive (More boxes, catches micro-ranges).
55-60: Strict (Only catches very clear, tight consolidation).
Shadow Extension: Adjust how far into the future the support/resistance zone is projected.
Disclaimer This tool is for educational and analytical purposes only. Past performance does not guarantee future results. Always use proper risk management.
TradeChillOut Stc icon ProfessionalHtf L 80 F 20 S50
Ribbon
1 L 180 F144 S3500
2 L10 F20 S50
3L160 F20 S50
4L96 F20 S50
5L 98 F20 S 50
...
ATR + BJ Signal V3ATR + BJ Signal (Optimized for GOLD)
This indicator is designed for mean-reversion scalping on GOLD, focusing on volatility expansion and momentum exhaustion.
Key features:
ATR-based candle expansion filter to detect abnormal moves
RSI overbought / oversold confirmation
Optional Bollinger Band deviation filter
Clear BUY / SELL signals for reversal entries
Automatic SL / TP projection lines and price labels (individually toggleable)
Best suited for short-term reversal and scalp trades during high-volatility conditions.
All visual components can be enabled or disabled independently. be enabled or disabled independently.
Smart Money Structure | GainzAlgo📊 OVERVIEW:
================
Smart Money Structure Analysis is a professional-grade market structure and order-flow system designed to identify institutional trading behavior through volatility-adaptive logic, multi-timeframe trend alignment, and volume-based confirmation.
This indicator implements original mathematical models to detect Change of Character (CHoCH), Break of Structure (BOS), cumulative volume dynamics, and trend convergence across seven timeframes — delivering high-probability trade signals with significantly reduced noise.
Unlike basic indicator combinations, this system functions as a unified trading framework, where volatility adaptation, structure analysis, and volume confirmation continuously reinforce each other to provide precise, context-aware signals.
⭐ WHY THIS SYSTEM IS UNIQUE AND WORTHY OF PUBLICATION:
=====================================================
This is not a collection of common indicators placed together.
Smart Money Structure Analysis represents a cohesive institutional methodology, engineered so that:
- Volatility adjusts signal sensitivity in real time
- Multi-timeframe trends define directional bias
- Market structure determines timing
- Volume confirms institutional participation
- Advanced filters eliminate low-quality setups
Each component is mathematically linked to the others, creating a workflow that cannot be replicated by stacking separate indicators.
🔗 SYNERGISTIC INTEGRATION – HOW THE SYSTEM WORKS TOGETHER:
==========================================================
🧠 1. CONTEXT-AWARE VOLATILITY ADAPTATION
ATR-based volatility logic dynamically adjusts all momentum thresholds:
- Higher volatility → stronger confirmation required
- Lower volatility → sensitivity increases to capture valid moves
This prevents over-signaling in choppy markets and under-signaling during expansion phases — a core flaw in static indicators.
📐 2. MULTI-TIMEFRAME TREND CONVERGENCE ENGINE
Seven timeframes are analyzed simultaneously:
1M • 5M • 15M • 30M • 1H • 4H • 1D
Each timeframe is scored using EMA + VWAP alignment, producing a composite Trend Strength Score from -100 to +100.
The stronger the alignment across timeframes, the higher the probability of continuation — instantly visible through the real-time dashboard.
🏗️ 3. INSTITUTIONAL MARKET STRUCTURE (CHoCH & BOS)
The system automatically identifies the two core smart money concepts:
- CHoCH (Change of Character):
Signals potential trend exhaustion or reversal zones
- BOS (Break of Structure):
Confirms trend continuation and institutional commitment
Structure zones are visualized with persistent, color-coded levels and clouds, providing precise contextual timing rather than lagging signals.
📊 4. CUMULATIVE VOLUME DELTA (CVD) CONFIRMATION
CVD tracks the cumulative difference between buying and selling pressure:
- Rising CVD → accumulation
- Falling CVD → distribution
- Divergence vs price → early reversal warning
Volume participation is categorized into Low / Medium / High, adding depth beyond simple volume bars.
🛡️ 5. SIX-LAYER PROFESSIONAL SIGNAL FILTERING
Every signal must pass through up to six independent confirmation layers:
1. Volatility-adjusted momentum
2. Higher timeframe trend alignment
3. Lower timeframe conflict prevention
4. Institutional volume confirmation
5. Structural breakout validation
6. Repeated-signal restriction
This dramatically reduces false positives while preserving only high-quality institutional setups.
🧮 DETAILED CORE SYSTEMS:
========================
📏 ADAPTIVE MOMENTUM FORMULA
- Momentum Threshold = Base × (1 + (ATR ÷ Price) × 2)
- Pre-Momentum Factor = Base × (1 − (ATR ÷ Price) × 0.5)
📊 TREND STRENGTH CALCULATION
- Trend Strength = (Sum of 7 timeframe scores ÷ 7) × 100
📦 CVD LOGIC
- Close > Previous Close → Buy volume added
- Close < Previous Close → Sell volume subtracted
- Cumulative sum reveals institutional intent
🧠 STRUCTURE DETECTION
- Pivot-based swing logic
- Candle confirmation
- Configurable lookback periods
- Non-repainting visualization
🧩 ADVANCED ANALYSIS TOOLS:
==========================
🧲 LIQUIDITY ZONE DETECTION
Identifies probable retail stop-loss clusters where institutions often initiate stop hunts before true directional moves.
📦 MARKET PROFILE & ORDER FLOW IMBALANCE
Detects buy/sell dominance using volume ratios, highlighting accumulation and distribution zones before large price moves.
🔄 RSI DIVERGENCE SCANNER
Identifies bullish and bearish divergences that frequently precede structure shifts and trend reversals.
🎨 VISUAL SYSTEM & DASHBOARD:
============================
📊 SMART MONEY MATRIX
- Composite trend strength
- System confidence %
- CVD value
- Directional grid for all timeframes
📈 TREND PREDICTION MATRIX (Optional)
Forecasts short-term directional bias using trend, momentum, and volatility data.
🏷️ SIGNAL LABELS
- BUY / SELL → Fully confirmed entries
- READY → Momentum building
- BOS / CHoCH → Structure events
- FLOW / LIQ / BULL / BEAR → Advanced confirmations
⚙️ CORE FEATURES:
================
1. Multi-Timeframe Trend Convergence
2. Smart Money Structure Detection (CHoCH & BOS)
3. Adaptive Volatility-Based Momentum
4. Cumulative Volume Delta (CVD)
5. Six-Layer Signal Filtering
6. Liquidity Zone Detection
7. Order Flow & Market Profile Analysis
8. Divergence Scanner
9. Dynamic Trendlines
10. Institutional-Grade Dashboard
📘 WHO THIS INDICATOR IS FOR:
============================
- Scalpers: Noise-filtered precision on lower timeframes
- Day Traders: High-probability continuation setups
- Swing Traders: Multi-timeframe alignment & structure zones
- Reversal Traders: Divergence + CHoCH confirmation
⚠️ IMPORTANT DISCLAIMER:
========================
This indicator is a technical analysis and educational tool only.
It does not provide financial advice or trade recommendations.
Trading involves substantial risk, and losses are a natural part of trading.
Past performance does not guarantee future results.
All trading decisions remain the sole responsibility of the user.
Market Regime: Squeeze Box + Trend DashboardMarket Regime: Squeeze Box + Trend Dashboard
Market Regime is a overlay designed to provide instant market context (trend vs consolidation) and highlight volatility compression (squeeze) setups before potential breakouts. Built with stock charts in mind, it focuses on clean visuals and practical decision support.
What this indicator shows:
1) Market Regime (TREND / RANGE / NEUTRAL)
The regime is detected using DMI/ADX with built-in confirmation to reduce flicker:
TREND : ADX stays above a threshold for N bars
RANGE : ADX stays below a threshold for N bars
NEUTRAL : neither trend nor range is confirmed
Trend direction is derived from DI+ vs DI- (UP / DOWN / MIXED).
2) Squeeze (BB inside KC)
A squeeze is detected when Bollinger Bands contract inside Keltner Channels (volatility compression).
SQZ = squeeze start
REL = squeeze release (the first bar *after* squeeze — technically correct)
3) Squeeze Box
The core feature: a box drawn from SQZ → REL , dynamically tracking the highest high / lowest low during the squeeze. This creates a clean visual range for the compression zone and helps frame breakout context.
4) EMA Ribbon with ADX-based intensity
Two EMAs (fast/slow) form a ribbon. The fill becomes more pronounced as ADX strength increases, making trend momentum easier to read at a glance.
5) Trend Dashboard (corner panel)
A compact dashboard summarizing key metrics:
REGIME, DIR, ADX (with normalized strength %)
SQUEEZE ON/OFF
Relative Volume (relVol + tier)
ATR% (14), EMA Slope%, GAP% (Open vs previous Close)
Customization / Settings
Fully configurable for different styles and markets:
ADX/DMI lengths and thresholds
BB/KC parameters (lengths and multipliers)
Relative Volume thresholds
Background mode: Off / Squeeze only / All regimes
Visual toggles: ribbon, squeeze box, markers, dashboard
History controls and limits for boxes/labels (clean chart + performance)
How to use (practical workflow)
Trend context : read REGIME + DIR and ribbon intensity (ADX strength).
Squeeze setup : when squeeze is active, the box defines the compression range (high/low).
Release : REL marks the first bar after squeeze ends (potential breakout/expansion context).
Notes
No look-ahead logic is used; calculations rely on current and historical bars only.
On realtime (still-forming) candles, values can change intrabar, normal behavior for indicators computed on the current bar.
Trading Disclaimer:
This indicator is provided for research and informational purposes only and does not constitute financial advice. Past performance is not indicative of future results. Use at your own risk. You are solely responsible for any trading decisions made using this script.
ATR Supertrend [QuantAlgo]🟢 Overview
The ATR Supertrend indicator identifies trend direction and reversal points using volatility-adjusted dynamic support and resistance levels. It combines Average True Range (ATR) volatility measurement with adaptive price bands and EMA smoothing to create trailing stop levels that automatically adjust to market conditions, helping traders and investors identify trend changes, maintain positions during trending markets, and exit when momentum shifts across multiple timeframes and asset classes.
🟢 How It Works
The indicator's core methodology lies in its volatility-adaptive band system, where dynamic support and resistance levels are calculated based on market volatility and price movement:
smoothedSource = ta.ema(source, smoothingPeriod)
atr = ta.rma(ta.tr(true), atrLength) * atrMultiplier
The script uses ATR-based bands that expand and contract with market volatility, ensuring the indicator adapts to different market conditions rather than using fixed price distances:
if trend == 1
supertrend := math.max(supertrend, smoothedSource - atr)
else
supertrend := math.min(supertrend, smoothedSource + atr)
First, it applies optional EMA smoothing to the price source to reduce noise and filter out minor price fluctuations that could trigger premature trend changes, allowing traders to focus on genuine momentum shifts.
Then, the ATR calculation measures market volatility using the Average True Range over the specified lookback period, multiplied by the user-defined factor to set the band distance:
atr = ta.rma(ta.tr(true), atrLength) * atrMultiplier
Next, dynamic trend detection occurs through a state-based system where the indicator tracks whether price is in an uptrend or downtrend, automatically adjusting the Supertrend line position:
if trend == 1
if smoothedSource < supertrend
trend := -1
supertrend := smoothedSource + atr
The Supertrend line can act as a trailing stop that follows price during trends but never moves against the trend direction, i.e., it ratchets upward with price in uptrends and ratchets downward with price in downtrends.
Finally, trend reversal signals are generated when price crosses the Supertrend line, indicating a shift in market momentum:
bullSignal = trend == 1 and trend == -1
bearSignal = trend == -1 and trend == 1
This creates a volatility-adaptive trend-following system that combines dynamic support/resistance levels with momentum confirmation, providing traders with clear directional signals and automatic stop-loss levels that adjust to changing market conditions.
🟢 Signal Interpretation
▶ Bullish Trend (Green): Price trading above Supertrend line with indicator showing bullish color, indicating established upward momentum = Long/Buy opportunities
▶ Bearish Trend (Red): Price trading below Supertrend line with indicator showing bearish color, indicating established downward momentum = Short/Sell opportunities
▶ Supertrend Line as Dynamic Support: In uptrends, the Supertrend line can act as trailing support level that rises with price, never declining = Use as potential stop-loss reference for long positions = Price holding above indicates trend strength
▶ Supertrend Line as Dynamic Resistance: In downtrends, the Supertrend line can act as trailing resistance level that falls with price, never rising = Use as potential stop-loss reference for short positions = Price holding below indicates trend weakness
🟢 Features
▶ Preconfigured Presets: Three optimized parameter sets for different trading approaches. "Default" provides balanced trend detection for swing trading on daily/4-hour charts with moderate sensitivity. "Fast Response" delivers quick trend change detection for intraday trading on 5-minute to 1-hour charts, capturing moves early with increased whipsaw potential. "Smooth Trend" focuses on strong sustained trends for position trading on daily/weekly timeframes, filtering noise to identify only major trend shifts.
▶ Built-in Alerts: Three alert conditions enable comprehensive automated monitoring of trend changes and momentum shifts. "Bullish Trend" triggers when price crosses above the Supertrend line and the trend state changes from bearish to bullish, signaling potential long entry opportunities. "Bearish Trend" activates when price crosses below the Supertrend line and the trend state changes from bullish to bearish, signaling potential short entry or long exit points. "Any Trend Change" provides a combined alert for any trend reversal regardless of direction, allowing traders to be notified of all momentum shifts without setting up separate alerts. These notifications enable traders to capitalize on trend changes and protect positions without continuous chart monitoring.
▶ Color Customization: Five visual themes (Classic, Aqua, Cosmic, Ember, Neon, plus Custom) accommodate different chart backgrounds and visual preferences, ensuring optimal contrast for identifying bullish versus bearish trends across various trading environments. The adjustable cloud fill transparency control (0-100%) allows fine-tuning of the gradient area prominence between the Supertrend line and price, with higher opacity values creating subtle background context while lower values produce bold trend zone emphasis. Optional bar coloring with adjustable transparency (0-100%) extends the trend color directly to the price bars themselves, providing immediate visual reinforcement of current trend direction without requiring reference to the Supertrend line, with transparency controls allowing users to maintain visibility of candlestick patterns while still showing trend context.
Toby Crabel's HisVolAs in Linda Raschke's Street smarts..... . This indicator shows the signals of Toby Crabel's Historical Volatility 6/100 strategy. The strategy assumes, that volatility contraction measured by two measures would give better results.
There is one other script that is a strategy , but it assumes that the signal requires both inside bar and narrowest range, what is not as in Linda Raschke's.
The strategy and what does the script do:
1) measures short-term unannualized volatility (by default six), long term uannualized volatility (by default 100), and measures the ratio of short volatility / long volatility.
2) checks if the current bar is an inside bar or has narrowest range out of last X bar (by default 4), or both,
3) puts an etiquette if short volatility / long volatility is equal to or smaller than 0,5 AND the day is inside bar, has narrowest range, or both.
Next day both buy-stop and sell-stop should be set. Buy-stop at the high and sell-stop at the low of the bar with etiquette.
This is by no means any financial advice, nor the historical results guarantee future gain.
Winners Scalper Pro - Bull/Bear (v1.5)best settings all standart but only change rsi
15 min rsi 8-9
30 min rsi 12-14
srd786-Intraday VWAP Price Action IndicatorDISCLAIMER
This Pine Script indicator does not constitute financial advice; it is just intended for educational and informational purposes. It functions as a tool for technical analysis that could help traders spot possible trading opportunities. It is crucial to remember that participating in financial markets has a number of risks that might result in large losses and are not suitable for all investors.
Users are encouraged to conduct their own thorough investigation and analysis prior to using this indicator. Avoiding trading with money that one cannot afford to lose is essential. It is also advised to seek advice from a certified financial expert. Users must use suitable risk management techniques and recognize that past success does not guarantee future outcomes.
Any losses, damages, or other consequences resulting from the usage of this indicator are not the author's responsibility. The user is ultimately responsible for all trading decisions, therefore using this tool is at their own risk.
INTRODUCTION
The “srd786-Intraday VWAP Price Action Indicator” is a sophisticated Pine Script (version 6) trading tool designed for intraday traders who focus on New York session trading hours. This indicator combines multiple technical analysis concepts including Volume Weighted Average Price (VWAP), Average True Range (ATR) for risk management, swing point detection for support/resistance identification, and momentum analysis through RSI. The primary objective is to generate high-probability long and short signals based on price action confluence with trend, momentum, and key structural levels.
1.
VWAP (Volume Weighted Average Price): Shows the "fair" average price based on both price and trading volume.
2.
ATR (Average True Range): Measures how much the price typically moves each day.
3.
Trend Analysis: Identifies whether the market is going up, down, or sideways.
4.
Momentum Indicators: Shows how strong the current price movement is.
5.
Support & Resistance: Identifies key price levels where the price might stop or reverse.
6.
Swing Points: Finds significant turning points in the price.
This indicator is specifically optimized for the New York trading session (9:30 AM to 4:00 PM ET), making it particularly suitable for traders who focus on US market hours. It provides a complete trading framework that includes not only signal generation but also precise trade management levels including entry prices, stop-loss orders, and profit targets based on a configurable reward-to-risk ratio.
The philosophy behind this indicator is confluence-based trading. Rather than relying on a single indicator or condition, it requires multiple factors to align before generating a trade signal. This approach filters out lower-probability setups and focuses only on high-quality opportunities where price action, trend direction, momentum, and key technical levels all point in the same direction.
CORE CONCEPT AND METHODOLOGY
Volume Weighted Average Price (VWAP)
VWAP is the cornerstone of this indicator's trading methodology. Unlike a simple moving average that treats all price bars equally, VWAP incorporates volume data into its calculation, giving more weight to bars with higher trading volume. This makes VWAP a more accurate representation of the true average price where the most significant trading activity occurred.
The calculation of VWAP is performed using the built-in 'ta.vwap()' function, which computes the cumulative volume-weighted average price from the beginning of the session. For intraday traders, VWAP serves as a critical reference point that indicates whether the current price is trading at a premium (above VWAP) or discount (below VWAP) relative to the session's volume-weighted average.
In this indicator, the VWAP source is configurable through the 'vwapSource' parameter, with the default being HLC3 (High + Low + Close / 3). This source selection allows traders to experiment with different price types such as typical price, weighted close, or even custom sources to suit their trading style and market preferences.
Average True Range (ATR) for Risk Management
The Average True Range, calculated using 'ta.atr()', measures market volatility by decomposing the current range of price movement. ATR does not indicate price direction;
instead, it quantifies the degree of price movement or volatility over a specified period. In this indicator, ATR serves dual purposes: determining the distance for limit orders and calculating stop-loss levels.
The 'atrLength' parameter (default: 14) controls the lookback period for the ATR calculation. A shorter length makes the indicator more responsive to recent volatility, while a longer length provides a smoother average that may be more suitable for less volatile markets. The 'atrMultiplier' (default: 1.5) determines how many ATR units away the stop-loss is placed from the entry price, allowing traders to adjust their risk exposure based on current market conditions.
Swing Detection and Support/Resistance
Swing points represent significant turning points in price action where the market has temporarily exhausted its directional momentum. This indicator uses pivot high and pivot low calculations to identify swing highs and swing lows, which then form the basis for dynamic support and resistance levels.
The 'swingLength' parameter (default: 5) defines how many bars to the left and right of a potential pivot point must be lower (for pivot highs) or higher (for pivot lows) to confirm the swing point. This lookback period helps filter out minor price fluctuations and focuses on more significant structural levels.
Support and resistance levels are stored in arrays ('swingHighArray' and 'SwingLowArray'), with the most recent swing points serving as the primary reference levels. The 'srLookback' parameter (default: 20) controls the overall lookback window and also determines how many
swing points to maintain in each array, ensuring that only relevant historical levels are considered.
Breakout Detection
When a price moves past a major support or resistance level, this is known as a price breakout. This price breakout suggests that there is a possibility of a new trend direction heading forward.Breakout detection eliminates noise, as little price fluctuations or volatility may momentarily drive prices past a threshold without authentic conviction.Detection of breakouts affirms robustness when the price above the threshold by 2%, indicating genuine market interest, and mitigates whipsaws to prevent placing trades based on transient price swings.
The Breakout Tolerance parameter, set by default to 2%, regulates the breakout tolerance for the indicator. A price closure above the current high plus a minor tolerance buffer (usually 2%) indicates a potential continuation of upward movement, classified as a Bullish Breakout. Conversely, when the price closes below the recent low plus a minor tolerance buffer (usually 2%), it suggests that the price may continue to decline, which is classified as a Bearish Breakout Down.
Trend Identification
Trend determination is accomplished through an Exponential Moving Average (EMA) with a configurable length ('trendMaLength', default: 9). The indicator classifies trend into three
states: BULLISH (price above EMA with confirmation from the previous bar), BEARISH (price below EMA with confirmation), and SIDEWAYS (price crossing or near the EMA).
The EMA is chosen over simple moving averages because it responds more quickly to recent price changes while still providing enough smoothing to filter out noise. The confirmation requirement (both current and previous bar must be on the same side of the EMA) reduces false signals during periods of choppy price action.
Momentum Analysis
Momentum is measured using the Relative Strength Index (RSI) with a configurable length ('momentumLength', default: 9). RSI values are categorized into five states to provide nuanced momentum readings: STRONG BULL (RSI above 70), BUILDING (RSI between 55 and 70), NEUTRAL (RSI between 45 and 55), WEAKENING (RSI below 45), and STRONG BEAR (RSI below 30).
This momentum categorization allows traders to distinguish between strong trending conditions (STRONG BULL/BEAR) and transitions (BUILDING/WEAKENING), providing context for trade signals and helping to avoid entering positions during momentum divergences.
CONFIGURATION PARAMETERS
VWAP Settings
The 'vwapSource' parameter determines which price value is used in the VWAP calculation. The default value of 'hlc3' (High + Low + Close / 3) provides a balanced representation of each bar's price action. Traders can modify this to use typical price ('high + low + close / 3'), weighted close ('high + low + close + close / 4'), or other price types depending on their analytical preferences.
ATR Settings
The 'atrLength' parameter sets the lookback period for the Average True Range calculation. The default of 14 periods is standard across most trading platforms and timeframes, providing a good balance between responsiveness and smoothness. The 'atrMultiplier' parameter (default: 1.5) scales the ATR value to determine stop-loss distances. A multiplier of 1.5 means the stop-loss is placed 1.5 ATR units away from the entry price, providing enough buffer to accommodate normal volatility while limiting risk.
Trade Settings
The 'rrRatio' parameter (default: 3.0) establishes the reward-to-risk ratio for trade targets. A ratio of 2.0 means the profit target is twice the distance of the stop-loss from the entry price. The 'limitOrderDistance' parameter (default: 0.5) determines how far below (for long trades)
or above (for short trades) the current close the limit order is placed, measured in ATR units. This allows traders to enter positions at better prices while waiting for pullbacks.
Swing Detection Settings
The 'swingLength' parameter (default: 5) controls pivot identification sensitivity. Higher values identify more significant swing points but may miss shorter-term opportunities. The 'showSwings' boolean parameter toggles the visual display of swing high and low points on the chart.
Support & Resistance Settings
The 'srLookback' parameter (default: 20) defines how many bars back to search for swing points and support/resistance levels. The 'breakoutTolerance' parameter (default: 0.02 or 2%) adds a small buffer to breakout detection to account for minor penetration of support/resistance levels due to price spikes or slippage.
Trend & Momentum Settings
The 'trendMaLength' parameter (default: 9) sets the EMA length for trend determination, while 'momentumLength' (default: 9) sets the RSI lookback period. Both should be at least 5 periods for meaningful calculations.
Table Settings
The 'showTable' parameter (default: true) enables the display of two information tables that provide real-time data on Indicator values and trade levels.
SIGNAL GENERATION LOGIC
Long Signal Conditions
A long signal is generated when all the following conditions are simultaneously true:
1.
Session Filter: The trade must occur during New York session hours (9:30 AM - 4:00 PM ET).
2.
Trend Confirmation: The trend must be BULLISH (price above EMA with confirmation).
3.
Price Position: Current price must be above VWAP, indicating bullish price action.
4.
Breakout or No Resistance: Either price is breaking out above resistance level with tolerance, or there is no prior resistance level to overcome.
5.
Momentum Alignment: Momentum must be either STRONG BULL or BUILDING.
This confluence of conditions ensures that long trades are only taken when the market is trending higher, price is confirming strength by trading above VWAP, and momentum is supportive of continued upward movement.
Short Signal Conditions
A short signal is generated when all the following conditions are simultaneously true:
1.
Session Filter: The trade must occur during New York session hours
2.
Trend Confirmation: The trend must be BEARISH (price below EMA with confirmation)
3.
Price Position: Current price must be below VWAP, indicating bearish price action
4.
Breakout or No Support: Either price is breaking down below support level with tolerance, or there is no prior support level to overcome
5.
Momentum Alignment: Momentum must be either STRONG BEAR or WEAKENING
Similar to long signals, short trades require alignment across multiple timeframes and analytical approaches, filtering out counter-trend trades and focusing on high-probability setups.
TRADE MANAGEMENT FRAMEWORK
Entry Price Calculation
For long trades, the limit order price is calculated as: 'Close - (ATR Value × Limit Order Distance)'. This places the entry price below the current close, allowing traders to buy on dips while maintaining a favorable entry price. For short trades, the limit order is placed above the current close: 'Close + (ATR Value × Limit Order Distance)'.
The limit order distance is expressed in ATR units, making it adaptive to current volatility conditions. In more volatile markets, the limit order will be placed further from the current price, while in calmer markets, it will be closer.
Stop-Loss Placement
Stop-loss levels are calculated using the ATR multiplier to ensure adaptive risk management. For long trades: 'Entry Price - (ATR Value × ATR Multiplier)'. For short trades: 'Entry Price + (ATR Value × ATR Multiplier)'.
This adaptive approach to stop-loss placement means that in volatile markets, stops are wider to avoid being stopped out by normal price fluctuations, while in quieter markets, stops are tighter to limit potential losses. The default multiplier of 1.5 provides approximately 1.5 times the average true range of protection.
Target Price Calculation
Profit targets are determined by the reward-to-risk ratio: 'Entry Price + (ATR Stop Distance × RR Ratio)' for long trades and 'Entry Price - (ATR Stop Distance × RR Ratio)' for short trades. The default ratio of 2.0 means the target is twice the distance of the stop-loss, providing a favorable risk-reward profile.
New York Session Tracking
The indicator includes specialized logic for tracking the New York session open price. When a new NY session begins (determined by the 'isNewNySession' variable), the current open price is recorded and maintained throughout the session. This provides a reference point for measuring intraday directional bias from the session's starting level.
INFORMATION TABLES
Indicators Table
This table displays the current price, VWAP value, NY session open price, support level,resistance level, ATR, ATR-scaled stop distance, current trend classification, momentum state with RSI value, and breakout status. All values are color-coded based on their bullish or bearish implications. The VWAP cell is color-coded green if price is above VWAP (bullish) and red if below (bearish), providing instant visual confirmation of price's position relative to this critical level.
Trade Levels Table
This table shows current signal status (LONG, SHORT, or WAIT), limit order distance in ATR units, calculated limit order price, stop-loss level, and target price with the reward-to-risk ratio displayed. The signal cell is highlighted in green for long signals and red for short signals.
ALERT CONDITIONS
The indicator includes four alert conditions that can be configured in TradingView:
1.
LONG Signal: Triggers when a long signal is generated, providing entry price, stop-loss, and target information.
2.
SHORT Signal: Triggers when a short signal is generated with corresponding trade details.
3.
Breakout Up: Notifies when price breaks out above resistance level.
4.
Breakout Down: Notifies when price breaks down below support level.
These alerts enable traders to receive notifications via TradingView's alert system without continuously monitoring the charts.
USAGE EXAMPLES AND TRADING SCENARIOS
Strong Bullish Trend with VWAP Support
In this scenario, price has been trading above the 9-period EMA for multiple bars, confirming a bullish trend. The current price is above VWAP, indicating buyers are willing to pay a premium. A recent swing low has established a support level, and RSI is reading 65, indicating building momentum without being overextended. When price breaks above the recent swing high resistance with a 2% tolerance, the indicator generates a long signal. The trader places a limit order below the current bar's close (0.5 ATR units) and sets the stop-loss 1.5 ATR units below the entry, with a target 2.0 times the stop distance away.
Short Setup During Volatile Session
During a particularly volatile NY session, price gaps down below VWAP early in the day. The 9-period EMA is declining, and both current and previous bars are below it, confirming a bearish trend. The RSI has dropped to 28, indicating strong bearish momentum. A recent swing high serves as resistance, and when price breaks below the swing low support level, the indicator generates a short signal. The trader enters on a limit order placed 0.5 ATR units above the current price, with the stop-loss 1.5 ATR units above the entry and the target at a 2.0 reward-to-risk ratio.
Avoiding Counter-Trend Trades
Consider a scenario where price is above VWAP and the RSI reads 72 (overbought), but the price is below the 9-period EMA and the previous bar was also below the EMA. In this case, the trend is classified as BEARISH (or SIDEWAYS) despite the bullish price position relative to VWAP. The indicator will not generate a long signal because the trend condition is not met, protecting the trader from what could be a bear trap or continuation pattern.
No Prior Levels Scenario
At the beginning of a trading session or after significant volatility has cleared prior swing points, there may be no established support or resistance levels in the lookback window. In this case, the breakout condition 'or na(resistanceLevel)' allows long signals to be generated without requiring a resistance level to be broken, enabling traders to participate in emerging trends without waiting for prior levels to form.
BEST PRACTICES AND TIPS
Timeframe Selection
This indicator is optimized for intraday timeframes (1-minute to 60-minute charts) and specifically for NY session trading. Higher timeframes may produce more reliable signals but fewer opportunities, while lower timeframes will generate more signals but with potentially lower reliability. Traders should backtest on their preferred timeframe before trading live.
Market Conditions
The indicator performs best in trending markets with clear directional bias. During ranging or sideways markets, the trend condition may oscillate frequently, and VWAP may oscillate around price, reducing signal quality. Consider filtering signals or reducing position size during low-volatility, range-bound conditions.
Parameter Optimization
While the default parameters have been selected for general applicability, traders should consider optimizing certain parameters for specific markets or instruments. For highly volatile instruments like crude oil or natural gas, increasing the 'atrMultiplier' to 2.0 or 2.5 may provide more appropriate risk management. For less volatile instruments like certain forex pairs, reducing the multiplier to 1.0 or 1.2 may improve signal quality.
Multiple Timeframe Analysis
For enhanced performance, traders can analyze the trend on a higher timeframe (such as 15-minute or hourly) while taking signals on a lower timeframe (such as 5-minute or 1-minute). This multi-timeframe approach ensures that signals are aligned with the larger trend direction.
Risk Management
While the indicator provides calculated stop-loss levels, traders should consider their overall position sizing and portfolio risk. The ATR-based stops provide a market-adaptive approach, but individual risk tolerance and account size should ultimately determine position sizing. The 2.0 reward-to-risk ratio is fixed but can be adjusted based on personal preferences or the specific characteristics of the instrument being traded.
INTEGRATION WITH TRADINGVIEW
Adding the Indicator
To add this indicator to a TradingView chart, paste the code into the Pine Script editor and click "Add to Chart." The indicator will appear in the chart's sidebar and begin calculating immediately once sufficient historical data is available.
Configuring Alerts
To set up alerts, right-click on any of the alert conditions in the indicator's settings panel (long signal, short signal, breakout up, or breakout down) and select "Add Alert." Configure the alert frequency and notification methods (push notification, email, webhook, etc.) according to your preferences.
Customization
All input parameters can be adjusted through the indicator's settings panel without modifying the source code. Traders can experiment with different VWAP sources, ATR lengths and multipliers, swing detection parameters, and table display options to suit their trading style and market preferences.
LIMITATIONS AND CONSIDERATIONS
Session Dependency
The indicator is specifically designed for NY session trading and will not generate signals outside these hours. Traders focused on other sessions or 24-hour markets may need to modify the session string to match their trading hours.
Historical Data Requirements
The indicator requires sufficient historical data to accurately calculate swing points and support/resistance levels. On lower timeframe charts with limited history, the initial signals may be less reliable until adequate swing points are identified.
Lag in Swing Detection
By definition, swing points are confirmed after the price has moved away from them, introducing some lag into support/resistance identification. Traders should be aware that the most recent swing point may not be confirmed until several bars after it occurs.
Not Financial Advice
This indicator is a technical analysis tool and should not be construed as financial advice. Traders are responsible for their own research and risk management decisions. Past performance of any trading system does not guarantee future results.
SUMMARY
The code follows a logical flow:
•
Version and Declaration: Pine Script version 6 indicator declaration with overlay enabled
•
Input Parameters: All user-configurable settings grouped by category
•
Session Logic: New York session tracking and open price recording
•
Core Calculations: VWAP, ATR, EMA, RSI, swing points
•
Support/Resistance Logic: Array-based storage and retrieval of swing levels
•
Trend and Momentum Classification: Categorization of current market state
•
Signal Generation: Confluence-based long and short conditions
•
Trade Level Calculations: Entry, stop-loss, and target pricing
•
Visual Plots: Hidden plots for alert data access
•
Information Tables: Real-time display of key values
•
Alert Conditions: Four configurable alert triggers
This structured approach ensures clarity, maintainability, and extensibility for future modifications or enhancements.
