Red & Green Zone ReversalOverview
The “Red & Green Zone Reversal” indicator is designed to visually highlight potential reversal zones on your chart by using a combination of Bollinger Bands and the Relative Strength Index (RSI).
It overlays on the chart and provides background color cues—red for oversold conditions and green for overbought conditions—along with corresponding alert triggers.
Key Components
Overlay: The indicator is set to overlay the chart, meaning its visual cues (colored backgrounds) are drawn directly on the price chart.
Bollinger Bands Calculation
Period: A 20-period simple moving average (SMA) is calculated from the closing prices.
Standard Deviation Multiplier: A multiplier of 2.0 is applied.
Bands Defined:
Basis: The 20-period SMA.
Deviation: Calculated as 2 times the standard deviation over the same period.
Upper Band: Basis plus the deviation.
Lower Band: Basis minus the deviation.
RSI Calculation
Period: The RSI is computed over a 14-period span using the closing prices.
Thresholds:
Oversold Threshold: 30 (used for the red zone condition).
Overbought Threshold: 70 (used for the green zone condition).
Zone Conditions
Red Zone (Oversold):
Criteria: The price is below the lower Bollinger Band and the RSI is below 30.
Purpose: Highlights a situation where the asset may be deeply oversold, signaling a potential reversal to the upside.
Green Zone (Overbought):
Criteria: The price is above the upper Bollinger Band and the RSI is above 70.
Purpose: Indicates that the asset may be overbought, potentially signaling a reversal to the downside.
Visual and Alert Components
Background Coloring:
Red Background: Applied when the red zone condition is met (using a semi-transparent red).
Green Background: Applied when the green zone condition is met (using a semi-transparent green).
Alerts:
Red Alert: An alert condition titled “Deep Oversold Alert” is triggered with the message “Deep Oversold Signal triggered!” when the red zone criteria are satisfied.
Green Alert: Similarly, an alert condition titled “Deep Overbought Alert” is triggered with the message “Deep Overbought Signal triggered!” when the green zone criteria are met.
Important Disclaimers
Not Financial Advice:
This indicator is provided for informational and analytical purposes only. It does not constitute trading advice or a recommendation to buy or sell any asset. Traders should use it as one of several tools in their analysis and should perform their own due diligence.
Risk Management:
Trading inherently involves risk. Past performance is not indicative of future results. Always implement appropriate risk management and use stop losses where necessary.
Summary
In summary, the “Red & Green Zone Reversal” indicator uses Bollinger Bands and RSI to detect extreme market conditions. It visually marks oversold (red) and overbought (green) conditions directly on the chart and offers alert conditions to help traders monitor these potential reversal points.
Enjoy!!
النطاقات والقنوات
Dynamic Reversal ZonesDynamic Reversal Zones – Indicator Overview and Strategy
(Thanks to BigBeluga for the "Range Breakout " script. I used it to inspire the addition of a range breakout functionality)
This comprehensive indicator combines two powerful tools: Dynamic Reversal Zones and Range Breakout. It is designed to help traders identify dynamic support and resistance zones, spot breakout opportunities, and capture reversal signals with clear visual cues. By leveraging both the dynamic zones and the breakout channel, you can gain a deeper understanding of market structure and set up high-probability trades.
Dynamic Reversal Zones
How It Works – Band Calculations:
Primary Bands (High Band and Low Band):
The indicator calculates a base using a simple moving average (SMA) over a user-defined period. A multiple of the standard deviation is then added and subtracted from this base to generate the high band and low band. These levels represent key areas where price has historically encountered resistance (high band) or support (low band).
Secondary Bands (Upper Band and Lower Band):
A second set of bands is calculated using a shorter SMA (the "media"). By adding and subtracting the corresponding standard deviation, the indicator forms the upper band and lower band. These secondary bands help refine the dynamic zones, pinpointing more precise reversal areas.
Signal Generation:
SELL Signal:
A sell signal is triggered when the price overshoots the upper zones (either the high band or upper band) and then reverses by closing below these levels with a bearish candle. This behavior suggests an overextension on the upside and a potential reversal.
BUY Signal:
Conversely, a buy signal occurs when the price falls below the lower zones and then recovers, with a bullish candle that closes above both the low band and the lower band. This indicates that the price has oversold and is likely to reverse upward.
How to Use Dynamic Reversal Zones:
Identify Reversal Opportunities:
Use the dynamically calculated bands as support and resistance levels. Look for price overextensions that then reverse back within the zones to identify potential trade entries.
Entry and Exit Strategies:
For BUY entries, consider entering after a confirmed bullish reversal when the price recovers from oversold conditions. For SELL entries, wait for a bearish reversal from an overextended high. Placing stop losses just beyond the respective zone boundaries helps manage risk.
Confluence with Other Tools:
Enhance your trading by confirming signals with momentum indicators (e.g., RSI, MACD), volume analysis, or higher timeframe trendlines. Additionally, combining these zones with pivot points or Fibonacci retracements can refine your entry and exit levels.
Range Breakout
How It Works – Channel-Based Calculations:
Dynamic Channel Formation:
The Range Breakout component creates a dynamic channel based on an ATR (Average True Range) calculation. It automatically establishes upper and lower bands, along with a midline, by applying a multiplier to a smoothed ATR. These boundaries define the current price range and help identify breakout opportunities.
Breakout Detection and Reset:
When the price breaks above the upper band or below the lower band—or if a certain number of bars occur outside the channel—the indicator resets the channel using the current price as the new center. This dynamic reset allows traders to monitor evolving price ranges and adapt to changing market conditions.
Visual Signals:
Channel Plot Appearance:
The channel is drawn on the chart with customizable color and transparency settings. Users can control the appearance of the channel plots (midline, upper, and lower bands) through dedicated inputs, ensuring that the indicator blends seamlessly with your chart style.
Breakout Signals and Fakeouts:
The indicator also marks breakout signals when the price reverses after testing the channel boundaries. Additionally, it can highlight potential fakeout scenarios where the price briefly breaks the channel without sustaining the move. These visual signals help traders distinguish between genuine breakouts and false moves.
How to Use Range Breakout:
Identifying Opportunities:
Watch for candles that test or exceed the channel boundaries and then reverse, as this can indicate a breakout followed by a retest of the channel. Such setups may provide opportunities to enter trades at attractive risk-reward levels.
Complementary Tool:
When used together with the Dynamic Reversal Zones, the Range Breakout component adds another layer of confirmation. For instance, a reversal signal from the dynamic zones that coincides with a channel breakout or retest may offer enhanced trade validation.
Customization & Best Practices
Customization:
Both sections of the indicator offer a wide range of adjustable parameters—including periods, multipliers, line styles, colors, and opacities—allowing you to tailor the tool to various markets and timeframes, whether you are scalping or swing trading.
Confluence Setups:
For increased reliability, combine the signals from these components with other technical indicators (such as RSI, MACD, volume, and trendlines). Confirming breakouts, reversals, and fakeout scenarios using multiple methods can significantly improve your trade outcomes.
Risk Management:
Always apply sound risk management techniques. Use stop losses just beyond the dynamic zones or channel boundaries to protect against false signals. Backtest different configurations to determine the optimal settings for your trading style.
By integrating the Dynamic Reversal Zones and Range Breakout into a single indicator, traders gain a comprehensive view of market structure—enabling them to spot high-probability reversal and breakout opportunities. Experiment with the settings, combine these tools with complementary technical analysis methods, and always adhere to strict risk management principles for the best trading results.
Happy Trading!
Ronnie's DikFat Attack - Moving Average Angle/Slope PositionRonnie's DikFat Attack - True Moving Average Angle/Slope Position
Overview
This TradingView indicator, written in Pine Script version 5, injects energy into your chart analysis by calculating and displaying the angles of four moving averages (MAs). It empowers you to customize each MA—choosing both type and length—to suit your trading strategy perfectly.
How It Works
1. User Inputs:
Under the “MA Settings” group, the script offers an intuitive interface where you can define four different moving averages. Each MA can be set to one of several types (SMA, EMA, SMMA, VWMA, Hull, WMA, or TEMA) and assigned a specific length (number of bars).
2. Dynamic Moving Average Calculation:
A dedicated function ( getMA ) selects and computes the appropriate moving average using TradingView’s built-in functions (like ta.ema , ta.sma , etc.). This yields four customized MA series based on your inputs.
3. Calculating the Angle of Momentum:
The script employs a robust function ( calcAngle ) that measures the change between consecutive values of each MA to determine its slope. This slope is then converted into an angle in degrees using the arctangent function, providing a clear and vivid depiction of trend strength and direction.
4. Visualizing the Angles:
Each moving average’s angle is plotted with its own distinct color, enhancing visual clarity. A horizontal line at 0° acts as a reference point, marking the divide between upward and downward momentum.
Potential Uses
Trend Analysis:
The angle measurement offers a dynamic perspective on trend strength. Steep positive angles suggest vigorous upward movement, while steep negative angles indicate strong downward trends.
Signal Confirmation:
By comparing the angles of multiple moving averages, you can quickly spot momentum shifts and crossover points, which may serve as powerful entry or exit signals.
Tailored Strategy Customization:
The flexibility to choose various MA types and lengths allows this tool to adapt seamlessly to different timeframes and trading styles, enhancing its usefulness in diverse market conditions.
Cumulative VWAP and EMA with Ichimoku and volume (v3.0)calculated by using vwap to make Lines, SMA, EMA 14, 26, 34, 89, 147, 200, 258, 369, 610, then select and combine the most responsive lines and generelate a filled band to express the range of distortion before price start changing its direction of responses.
Then by that calculated out the 2 upper and lower bands based on the comcept of bollinger band to create a "no trade zone " that used for amatuers to avoid trading if no experiences.
Then wait for ALMA line to harmonic aglined with upper no trading zone line to start trading. If ALMA line aline with No trad zone top, turn green color, and above the balance zone, then go long every time price hit back to ALMA line. then short for versa.
IF price get into no trade zone, non-exp trader should not trade, pro-trader can observe the balance space to take a position same direction with the ALMA line and the no trade zone line.
If ALMA line is inside the no trade zone, then don't trade.
Just simple it is.
GEX and Vanna LevelsGEX and Vanna Levels Indicator for SPX
Description:
The GEX and Vanna Levels Indicator is a daily-updated market positioning tool designed specifically for SPX (S&P 500 Index) traders. It visualizes critical gamma exposure (GEX) and vanna levels, providing insights into dealer positioning, volatility dynamics, and potential market inflection points.
Since market positioning changes daily, all key levels (zero vanna flips, gamma support/resistance, pivots, and magnet levels) must be calculated and input manually each day to reflect the most accurate and relevant market conditions.
This script helps traders identify areas where market makers are likely to adjust their hedging strategies, influencing price movements. It incorporates zero vanna flips, gamma support/resistance zones, key pivots, and magnet levels, all of which play a crucial role in understanding intraday and swing trading conditions.
Key Features & How It Works:
🔹 Zero Vanna Flips (Support/Resistance) – Levels where volatility impacts price movement, requiring vol compression for a breakout.
🔹 Gamma Support & Resistance – Zones where dealer hedging pressure may pin price action or accelerate moves.
🔹 Main Pivot Level – A key inflection point derived from market positioning; price movement above or below this level dictates direction.
🔹 Upside & Downside Magnets – Identified areas where price is likely to be attracted based on hedging flows and positioning.
🔹 Iron Condor Visualization – Displays key ranges of customer and market maker positions to analyze volatility compression/expansion areas.
🔹 Custom Alerts – Notifies traders when price breaks critical GEX and vanna levels.
How to Use This Indicator:
1️⃣ Update Levels Daily – Before each trading session, input the latest zero vanna, gamma, and pivot levels for accurate analysis.
2️⃣ Monitor Zero Vanna Flips (6121, 6071): These act as key support and resistance zones that can only be broken if volatility contracts.
3️⃣ Pay Attention to the Main Pivot (6085.58): A crucial level that determines directional bias—price holding above it favors bullish conditions.
4️⃣ Track Gamma Support/Resistance (6107-6115): If price holds in this zone, market makers may keep price range-bound.
5️⃣ Watch Magnet Levels (6045, 6186.4): If price breaks key levels, it is likely to gravitate toward these magnets.
6️⃣ Iron Condor Ranges (6030-6035 & 6080-6085): Understanding these zones helps traders identify potential volatility suppression areas.
Who Can Benefit from This Indicator?
✅ Intraday & Swing Traders – Helps identify key reversal levels and potential price magnet areas.
✅ Options Traders – Essential for understanding market maker hedging flows, gamma positioning, and implied volatility shifts.
✅ Institutional & Retail Investors – Provides deeper insight into market positioning beyond traditional technical indicators.
Publishing & Compliance Notes:
All levels must be updated daily to reflect current market positioning.
This indicator is strictly for SPX, ensuring accurate gamma and vanna level calculations.
No repainting or misleading elements—data is derived from market positioning models and widely used quantitative methodologies.
It is not financial advice; traders should combine this tool with other analysis techniques.
Midline Rejection Entry with TP/SL at Supply/DemandThis strategy is an unrefined way of trading on the 5 min timeframe to take an entry based on an identified trend's retracement, taking profit or stopping losses at previously identiffied supports or resistances.
Multi-Timeframe ATR Levels by Hitesh2603Description:
"Multi-Timeframe ATR Levels by Hitesh2603" is a versatile and adaptive indicator designed to help traders identify key price levels based on the Average True Range (ATR) from a higher timeframe. The script automatically adapts to the current chart’s timeframe and allows you to customize the higher timeframe for ATR calculations, making it ideal for intraday and swing trading strategies.
The indicator plots upper and lower price levels based on the ATR multiplier, providing clear visual cues for potential profit-taking or exit points. It also includes features like editable timeframe presets , historical level plotting , labels , and alerts , making it a powerful tool for traders of all experience levels.
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Key Features:
1. Automatic Timeframe Adaptation : - The script automatically detects the current chart’s timeframe and selects the appropriate higher timeframe for ATR calculations.
2. Editable Preset Timeframe Pairs : - Customize the higher timeframe for each chart timeframe directly in the indicator settings.
3. Dynamic ATR-Based Levels :- Plots upper and lower price levels using the formula:
- Upper Level = Current Candle Open + (Previous Candle ATR * Multiplier)
- Lower Level = Current Candle Open - (Previous Candle ATR * Multiplier)
4. Customizable Inputs :
- Adjust ATR length, multiplier, line length, colors, and more.
5. Labels :
- Displays the exact values of the upper and lower levels for easy reference.
6. Historical Levels :
- Optionally plots historical levels for all candles.
7. Alerts :
- Get notified when the price crosses the upper or lower levels.
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Use Cases:
1. Intraday Trading :
- Use the script on a 5-minute or 15-minute chart with a 1-hour higher timeframe to identify intraday profit-taking or exit points.
2. Swing Trading :
- Use the script on a 1-hour or 4-hour chart with a daily higher timeframe to identify swing trading opportunities.
3. Position Trading :
- Use the script on a daily chart with a weekly higher timeframe to identify key levels for position trading.
4. Breakout Confirmation :
- Use the upper and lower levels as confirmation points for breakouts or reversals.
5. Risk Management :
- Use the levels to set stop-loss or take-profit targets based on market volatility.
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How to Use:
1. Add the Script to Your Chart :
- Search for "Multi-Timeframe ATR Levels by Hitesh2603" in the TradingView indicator library and add it to your chart.
2. Customize the Settings :
- Adjust the inputs (e.g., ATR length, multiplier, line length, colors, etc.) to suit your trading strategy.
3. Set the Higher Timeframe :
- The script will automatically display an input for the higher timeframe based on the current chart’s timeframe. Customize it as needed.
4. Interpret the Levels :
- The script will plot two horizontal lines (upper and lower levels) on the chart. Use these levels for profit-taking, exits, or breakout confirmation.
5. Enable Alerts :
- Set up alerts to get notified when the price crosses the upper or lower levels.
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Input Parameters:
1. ATR Length :
- The period used to calculate the ATR (default: 14).
2. ATR Multiplier :
- The multiplier applied to the ATR to calculate the levels (default: 0.65).
3. Line Length :
- The number of candles to extend the lines (default: 10).
4. Show Labels :
- Toggle to display the exact values of the levels (default: true).
5. Show Historical Levels :
- Toggle to plot historical levels for all candles (default: false).
6. Line Colors :
- Customize the colors of the upper and lower levels.
7. Line Width :
- Adjust the thickness of the lines (default: 2).
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Example:
- Current Chart : 5-minute
- Higher Timeframe : 1-hour
- Previous Hour’s ATR : 4.6
- Current Hour’s Open : 102
- Multiplier : 0.65
Levels :
- Upper Level = 102 + (4.6 * 0.65) = 105.0
- Lower Level = 102 - (4.6 * 0.65) = 99.0
The script will plot horizontal lines at 105.0 and 99.0 on the 5-minute chart.
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Alerts:
- Price Crosses Upper Level :
- Triggered when the price crosses above the upper level.
- Price Crosses Lower Level :
- Triggered when the price crosses below the lower level.
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Notes:
- The script is designed to be flexible and adaptable to various trading styles and timeframes.
- Always backtest and validate the indicator with your trading strategy before using it in live trading.
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Credits:
- Developed by Hitesh2603 .
- Special thanks to the TradingView community for inspiration and support.
Multi-Timeframe Trend Indicator"Introducing the Multi-Timeframe Trend Indicator: Your Key to Comprehensive Market Analysis
Are you looking for a powerful tool to enhance your trading decisions? Our Multi-Timeframe Trend Indicator offers a unique perspective on market trends across five crucial timeframes.
Key Features:
1. Comprehensive Analysis: Simultaneously view trends for H1, H4, D1, W, and M timeframes.
2. Easy-to-Read Display: Color-coded table for instant trend recognition.
3. Proven Strategy: Utilizes the reliable EMA7, SMA20, and SMA200 crossover method.
How It Works:
- Bullish Trend: When EMA7 > SMA20 > SMA200
- Bearish Trend: When EMA7 < SMA20 < SMA200
- Neutral Trend: Any other configuration
Benefits:
- Align your trades with multiple timeframe trends
- Identify potential trend reversals early
- Confirm your trading decisions with a quick glance
Whether you're a day trader or a long-term investor, this indicator provides valuable insights to support your trading strategy. By understanding trends across multiple timeframes, you can make more informed decisions and potentially improve your trading results.
Don't let conflicting timeframes confuse your strategy. Get the full picture with our Multi-Timeframe Trend Indicator today!"
DCStatCalcs_v0.1DCStatCalcs_v0.1 - Session-Based Statistical Projections
This Pine Script indicator overlays customizable horizontal lines on your chart to visualize a session's opening price and its statistical projections based on historical standard deviation (SD). Designed for traders who want to analyze price behavior within defined time sessions, it calculates and plots the session open price along with optional projection lines at 0.5, 1.0, 1.5, 2.0, and 2.5 standard deviations above and below the open, derived from past session data.
Key Features:
Customizable Sessions: Define your session time (e.g., 0600-1500) and timezone (e.g., America/New_York).
Historical Analysis: Uses a user-specified number of past sessions (default: 20) to compute the standard deviation of price movements relative to the session open.
Projection Lines: Displays toggleable lines at multiple SD levels with adjustable styles, colors, and widths for easy visualization.
Flexible Display: Extend lines beyond the current bar with an offset setting, and adjust label sizes for clarity.
Real-Time Updates: Lines dynamically extend as the session progresses, keeping projections relevant to the current bar.
How It Works:
At the start of each user-defined session, the indicator records the opening price and calculates the SD based on price deviations from the open across historical sessions. It then plots the open price line and, if enabled, projection lines at the specified SD intervals. These lines help traders identify potential support, resistance, or volatility zones based on statistical norms.
Use Case:
Ideal for day traders or analysts working with intraday charts to gauge price ranges and volatility within specific trading sessions, such as market opens or key economic hours.
Published under the Mozilla Public License 2.0. Created by dc_77.
PriceCatch - Previous Hour RangeHi Tradingview community,
Recently I stumbled upon a video on Youtube where the Youtuber was talking about Intraday trading based on 1 hour price range.
Anyone requesting the code was asked to contact over email for the code. So, I thought, this is such a simple script and has no special complex coding involved and why such a show off instead of just sharing it.
So, I decided to write the code myself and it took me under 10 minutes to do it. So, here's the PriceCatch - Previous Hour Range script. It is open source, so you can check it and apply it in your trading strategy.
Remember, this is just a simple range plotter and does not give any signals.
If you want 2 hours range, then simply change 60 to 120. Simple.
So, all the best with your trades.
PriceCatch
Keltner Channel CustomAnchored to 1D, added stochastic reading for oversold conditions, built for 4h on CL1!
EMA Crossover with Partial Exit demo dono emas fast moving and slow moving when 9 cross 21 means fast ema cross slow ema go to that direction on retracement
Expansion Contraction With Long,Short signalsExpansion Contraction indicator with signals based on Brian Latta trading system.
Non lagging indicator,calculations based on MA Channel.You can change MAs Long and Short.
While setting short at 8 and long at 10 you increase the sentiment and you get early signals,you will get more safe signals setting short at 8 and long at 32.
Long when background color is green,Short when is red
Nuvem do IchimagroNuvem do Ichimagro, indicador feito pra análise de tendências e operações em todos tempos gráficos
REVOLD-TECH-ANALYZER with Buy/Sell Signals
🔍 Overview:
This Pine Script v5 indicator is designed to provide accurate Buy/Sell signals based on multiple technical analysis indicators. It combines trend-following, momentum, volume analysis, and candlestick patterns to filter out false signals and provide reliable trade opportunities.
📊 Features:
Moving Averages:
Simple Moving Average (SMA) – Basic trend indicator.
Exponential Moving Average (EMA) – Reacts faster to price changes.
Volume-Weighted Moving Average (VWMA) – Confirms trend strength based on volume.
MACD (Moving Average Convergence Divergence):
Used to determine trend momentum.
Buy signals occur when MACD Line crosses above the Signal Line.
Sell signals occur when MACD Line crosses below the Signal Line.
Ichimoku Cloud:
Conversion Line & Base Line are used for additional trend confirmation.
Lead Lines 1 & 2 form the Ichimoku cloud (Kumo) for identifying key resistance and support zones.
Bollinger Bands:
Helps identify overbought and oversold conditions.
Buy when price is near lower band.
Sell when price is near upper band.
Candlestick Pattern Detection (Engulfing Patterns):
Bullish Engulfing: Strong reversal signal in an uptrend.
Bearish Engulfing: Indicates a potential downward reversal.
Volume Confirmation:
Engulfing patterns are only validated when volume increases, reducing false signals.
🚀 How the Buy/Sell Signals Work:
✅ Buy Signal:
EMA crosses above SMA.
MACD histogram is positive.
Price is above VWMA (confirming trend strength).
OR a Bullish Engulfing pattern occurs with high volume.
❌ Sell Signal:
EMA crosses below SMA.
MACD histogram is negative.
Price is below VWMA (confirming trend weakness).
OR a Bearish Engulfing pattern occurs with high volume.
📈 Visualization:
Buy Signals: Green "BUY" labels appear below bars.
Sell Signals: Red "SELL" labels appear above bars.
Buy Zone: Background turns light green when a buy signal is active.
Sell Zone: Background turns light red when a sell signal is active.
Trend Lines: SMA, EMA, VWMA, MACD, and Ichimoku Cloud are plotted for better trend identification.
🛠️ Customization:
All indicator lengths (SMA, EMA, VWMA, MACD, Ichimoku, Bollinger Bands) can be adjusted via input settings.
Buy/Sell conditions are adaptable by modifying pattern validation, MACD settings, or volume thresholds.
🎯 Use Case:
Day traders & Swing traders: Identifies optimal entry & exit points.
Long-term investors: Helps in trend identification and risk management.
Scalpers: Can be used on lower timeframes by tweaking settings.
🔥 Conclusion:
This REVOLD-TECH-ANALYZER script provides an all-in-one trading system, combining trend, momentum, volume, and candlestick pattern analysis to generate high-confidence Buy/Sell signals. 🚀
Target_SL_IndicatorIndicator which plots lines at levels as per below calculations
Line1: high + (high - low) * 0.146
Line2: high + (high - low) * 0.236
Line3: low + (low - high) * 0.146
Line4: low + (low - high) * 0.236
The multiplication factors are also configurable and can be given from inputs.
High and low are calculated on the bar which is calculated as below.
Bar on which calculations are done :: starting bar of day + number of bars as given in input.
SMC Liquidity & Order Blocks🔹 1. Moving Averages for Trend Confirmation
Uses Exponential Moving Averages (EMA) to determine trend direction.
9-period EMA (blue) and 15-period EMA (red) are plotted.
🔹 2. Liquidity Zones (Swing Highs & Lows)
Identifies liquidity zones where price is likely to react.
Buy-Side Liquidity: Highest high over 20 periods (Green line).
Sell-Side Liquidity: Lowest low over 20 periods (Red line).
🔹 3. Order Block Detection
Detects bullish and bearish order blocks (key price zones of institutional activity).
Bullish Order Block (OB): Formed when the highest close over 5 bars exceeds the highest high.
Bearish Order Block (OB): Formed when the lowest close over 5 bars is lower than the lowest low.
Plotted using green (up-triangle) for bullish OB and red (down-triangle) for bearish OB.
🔹 4. Fair Value Gaps (FVG)
Detects price inefficiencies (gaps between candles).
FVG Up: When a candle's high is lower than a candle two bars ahead.
FVG Down: When a candle's low is higher than a candle two bars ahead.
Plotted using blue circles (FVG Up) and orange circles (FVG Down).
Nef33- Wyckoff 2.0 - Estructuras, Volume Profile y Zonas de Liq
Descripción del Indicador
Inspiración y Objetivo
El indicador está diseñado para identificar zonas clave en el mercado basándose en las estructuras de Wyckoff (acumulación y distribución), los niveles de Volume Profile (como el Point of Control, PoC, y zonas de alto/bajo volumen), y el flujo de órdenes (zonas de liquidez o Order Blocks). Su objetivo es ayudarte a:
Detectar áreas de soporte y resistencia potenciales.
Identificar puntos de reversión o continuación basados en volumen y movimientos de precio.
Visualizar zonas que podrían ser manipuladas por actores institucionales (como bancos o grandes fondos).
Componentes del Indicador
Zonas de Liquidez (Order Blocks):
Detecta zonas de acumulación (alcistas, tras caídas fuertes con volumen alto) y distribución (bajistas, tras subidas fuertes con volumen alto).
Se dibujan como rectángulos: verdes para acumulación (soporte) y rojos para distribución (resistencia).
Estas zonas se eliminan automáticamente cuando el precio las mitiga (cruza el nivel inferior para zonas alcistas o el superior para zonas bajistas).
Volume Profile:
Muestra el Point of Control (PoC), que es el nivel de precio con el volumen más alto en un período dado (diario, semanal, o mensual).
Incluye niveles de alto volumen (línea azul) y bajo volumen (línea púrpura) para identificar zonas de interés.
El PoC se dibuja como una línea naranja, y los niveles de volumen como líneas cruzadas (o ahora líneas simples, dependiendo de la corrección aplicada).
Alertas:
Notifica cuando se detectan nuevas zonas de acumulación o distribución.
Alerta cuando el precio cruza el PoC, lo que puede indicar un cambio de tendencia o confirmación de un movimiento.
Parámetros Personalizables
Puedes ajustar los siguientes parámetros en el indicador para adaptarlo a tu estilo de trading:
Período de Retrospectiva (lookback): Define cuánto tiempo atrás se analiza para calcular movimientos y volumen (por defecto: 20 barras).
Sensibilidad de Volumen (volume_sensitivity): Multiplicador para determinar qué volumen se considera "alto" (por defecto: 1.5).
Sensibilidad de Precio (price_sensitivity): Multiplicador para identificar movimientos grandes de precio (por defecto: 2.0).
Ancho de Zonas (zone_width): Define cuántas barras se extienden los rectángulos de las zonas (por defecto: 5).
Máximo de Zonas Históricas (max_zones): Límite de zonas visibles en el gráfico (por defecto: 10).
Período Volume Profile (profile_period): Selecciona si el Volume Profile se calcula en días ("D"), semanas ("W"), o meses ("M") (por defecto: "D").
