AMHA + 4 EMAs + EMA50/200 Counter + Avg10CrossesDescription:
This script combines two types of Heikin-Ashi visualization with multiple Exponential Moving Averages (EMAs) and a counting function for EMA50/200 crossovers. The goal is to make trends more visible, measure recurring market cycles, and provide statistical context without generating trading signals.
Logic in Detail:
Adaptive Median Heikin-Ashi (AMHA):
Instead of the classic Heikin-Ashi calculation, this method uses the median of Open, High, Low, and Close. The result smooths out price movements, emphasizes trend direction, and reduces market noise.
Standard Heikin-Ashi Overlay:
Classic HA candles are also drawn in the background for comparison and transparency. Both HA types can be shifted below the chart’s price action using a customizable Offset (Ticks) parameter.
EMA Structure:
Five exponential moving averages (21, 50, 100, 200, 500) are included to highlight different trend horizons. EMA50 and EMA200 are emphasized, as their crossovers are widely monitored as potential trend signals. EMA21 and EMA100 serve as additional structure layers, while EMA500 represents the long-term trend.
EMA50/200 Counter:
The script counts how many bars have passed since the last EMA50/200 crossover. This makes it easy to see the age of the current trend phase. A colored label above the chart displays the current counter.
Average of the Last 10 Crossovers (Avg10Crosses):
The script stores the last 10 completed count phases and calculates their average length. This provides historical context and allows traders to compare the current cycle against typical past behavior.
Benefits for Analysis:
Clearer trend visualization through adaptive Heikin-Ashi calculation.
Multi-EMA setup for quick structural assessment.
Objective measurement of trend phase duration.
Statistical insight from the average cycle length of past EMA50/200 crosses.
Flexible visualization through adjustable offset positioning below the price chart.
Usage:
Add the indicator to your chart.
For a clean look, you may switch your chart type to “Line” or hide standard candlesticks.
Interpret visual signals:
White candles = bullish phases
Orange candles = bearish phases
EMAs = structural trend filters (e.g., EMA200 as a long-term boundary)
The counter label shows the current number of bars since the last cross, while Avg10 represents the historical mean.
Special Feature:
This script is not a trading system. It does not provide buy/sell recommendations. Instead, it serves as a visual and statistical tool for market structure analysis. The unique combination of Adaptive Median Heikin-Ashi, multi-EMA framework, and EMA50/200 crossover statistics makes it especially useful for trend-followers and swing traders who want to add cycle-length analysis to their toolkit.
Candlestick analysis
55 ABR Currentcurrent bar range
abr
previous_bar ibs
当前K线范围 (Curr Bar Rng)：显示当前正在形成的K线的价格幅度（最高价-最低价）
平均K线范围 (ABR)：计算指定周期内（默认8根K线）的平均K线范围，这个数值可以帮助交易者了解市场的平均波动性
内部K线强度 (IBS)：显示前一根已完成K线的内部强度百分比
This Pine Script indicator creates a real-time information panel in the top-right corner of TradingView charts, displaying three key trading metrics:Core Features:
Current Bar Range: Shows the price range (high - low) of the currently forming candlestick, providing immediate awareness of intraday volatility.
Average Bar Range (ABR): Calculates the mean candlestick range over a specified lookback period (default: 8 bars). This metric helps traders assess whether current market volatility is above or below recent norms.
Internal Bar Strength (IBS): Displays the previous completed bar's internal strength as a percentage,
RSI Signals Multi-Layer RSI System with Classical Divergence**DrFX RSI Signals Fixed** is an advanced RSI-based trading system that combines duration-filtered extreme conditions with classical divergence detection and momentum confirmation. This enhanced version addresses common RSI false signals through multi-layer filtering while adding proper divergence analysis for identifying high-probability reversal points.
**Core Innovation & Originality**
This indicator uniquely integrates five analytical layers:
1. **Duration-Validated Extreme Zones** - Confirms RSI has remained overbought/oversold for minimum bars within lookback period
2. **Classical Divergence Detection** - Proper implementation comparing swing highs/lows in both price and RSI
3. **Momentum Confirmation Signals** - RSI crossing 50-line after extreme conditions for trend confirmation
4. **Multi-Signal Classification** - Four distinct signal types (Buy, Sell, Strong Buy, Strong Sell, Momentum)
5. **Visual Zone Highlighting** - Background coloring for instant extreme zone identification
**Technical Implementation & Improvements**
**Enhanced Duration Filter:**
Unlike the previous version, this system uses a refined approach:
```
for i = 0 to lookback_bars - 1
if rsi > overbought
barsInOverbought := barsInOverbought + 1
```
This counts actual bars within the lookback period (default 20 bars) where RSI was extreme, requiring minimum duration (default 4 bars) for signal validation.
**Classical Divergence Detection:**
The system implements proper divergence analysis, a significant improvement over simple delta comparison:
**Bullish Divergence Logic:**
- Price makes lower low: `low < prevPriceLow`
- RSI makes higher low: `rsi > prevRsiLow`
- Indicates weakening downward momentum despite lower prices
**Bearish Divergence Logic:**
- Price makes higher high: `high > prevPriceHigh`
- RSI makes lower high: `rsi < prevRsiHigh`
- Indicates weakening upward momentum despite higher prices
**Signal Generation Framework:**
**Primary Signals:**
- **Buy Signal**: RSI crosses above oversold (30) after meeting duration requirements
- **Sell Signal**: RSI crosses below overbought (70) after meeting duration requirements
**Strong Signals:**
- **Strong Buy**: Buy signal + bullish divergence confirmation
- **Strong Sell**: Sell signal + bearish divergence confirmation
**Momentum Signals:**
- **Momentum Buy (M+)**: RSI crosses above 50 after recent oversold conditions
- **Momentum Sell (M-)**: RSI crosses below 50 after recent overbought conditions
**What Makes This Version Superior**
**Compared to Standard RSI:**
1. **Duration Requirement**: Prevents signals on brief RSI spikes
2. **Lookback Validation**: Ensures extreme conditions actually occurred recently
3. **Proper Divergence**: Uses swing high/low comparison, not just bar-to-bar deltas
4. **Momentum Layer**: Adds trend confirmation via 50-line crosses
**Compared to Previous Version:**
1. **Pine Script v5**: Modern syntax with improved performance
2. **Configurable Parameters**: All values adjustable via inputs
3. **Better Divergence**: Classical divergence logic replaces simplified delta method
4. **Additional Signals**: Momentum confirmations for trend following
5. **Visual Enhancements**: Background coloring and improved signal differentiation
6. **Alert System**: Built-in alert conditions for all signal types
**Parameter Configuration**
**Customizable Inputs:**
- **Overbought Level** (70): Upper threshold, range 50-90
- **Oversold Level** (30): Lower threshold, range 10-50
- **RSI Period** (14): Calculation period, range 2-50
- **Minimum Duration** (4): Required bars in extreme zone, range 1-20
- **Lookback Bars** (20): Period to check for extreme conditions, range 5-100
- **Divergence Lookback** (5): Period for divergence swing comparison, range 2-20
**Optimization Guidelines:**
- **Shorter Duration** (2-3): More frequent signals, higher noise
- **Longer Duration** (5-7): Fewer signals, better quality
- **Smaller Lookback** (10-15): Faster response, may miss context
- **Larger Lookback** (30-50): More context, potentially delayed signals
**Signal Interpretation Guide**
**Visual Signal Hierarchy:**
**Light Green Triangle (Buy):**
- RSI recovered from oversold
- Duration requirements met
- Entry on reversal from oversold territory
**Light Red Triangle (Sell):**
- RSI declined from overbought
- Duration requirements met
- Entry on reversal from overbought territory
**Blue Triangle (Strong Buy):**
- Buy signal with bullish divergence
- Highest probability long setup
- Price made lower low, RSI made higher low
**Magenta Triangle (Strong Sell):**
- Sell signal with bearish divergence
- Highest probability short setup
- Price made higher high, RSI made lower high
**Tiny Green Circle (M+):**
- RSI crossed above 50 after oversold
- Momentum confirmation for uptrend
- Secondary entry or trend confirmation
**Tiny Red Circle (M-):**
- RSI crossed below 50 after overbought
- Momentum confirmation for downtrend
- Secondary entry or trend confirmation
**Background Coloring:**
- **Light Red Background**: RSI > 70 (overbought zone)
- **Light Green Background**: RSI < 30 (oversold zone)
**Trading Strategy Application**
**Conservative Approach (Strong Signals Only):**
1. Wait for blue/magenta triangles (divergence confirmed)
2. Enter on signal bar close or next bar open
3. Stop loss beyond recent swing high/low
4. Target minimum 2:1 risk/reward ratio
**Aggressive Approach (All Signals):**
1. Take light green/red triangles for earlier entries
2. Use momentum circles as confirmation
3. Tighter stops with partial profit taking
4. Scale positions based on signal strength
**Momentum Trading:**
1. Use momentum signals (M+/M-) as trend filters
2. Take primary signals aligned with momentum direction
3. Avoid counter-momentum signals in strong trends
4. Exit when opposing momentum signal appears
**Multi-Timeframe Strategy:**
1. Check higher timeframe for strong signals
2. Execute on lower timeframe primary signals
3. Use momentum signals for position management
4. Align all timeframe signals for best probability
**Optimal Market Conditions**
**Best Performance:**
- Mean-reverting markets with clear RSI extremes
- Range-bound or consolidating conditions
- Markets respecting support/resistance levels
- Timeframes: 15min to 4H for active trading
**Strong Signal Advantages:**
- Divergence signals often mark major turning points
- Work well at market structure levels
- Effective in both trending and ranging markets
- Higher success rate justifies waiting for setup
**Momentum Signal Benefits:**
- Confirms trend direction after extreme readings
- Useful for adding to positions
- Helps avoid counter-trend trades
- Works well in trending markets where reversals fail
**Technical Advantages**
**Divergence Accuracy:**
The improved divergence detection uses proper swing analysis rather than simple bar-to-bar comparison. This identifies genuine momentum shifts where price action diverges from oscillator movement over a meaningful period.
**Duration Logic:**
The for-loop counting method ensures the system checks actual RSI values within the lookback period, not just whether RSI touched levels. This distinguishes between sustained conditions and brief spikes.
**Momentum Filter:**
The 50-line crosses after extreme conditions provide an additional confirmation layer, helping traders distinguish between failed reversals (no momentum follow-through) and sustained moves (momentum confirmation).
**Risk Management Integration**
**Signal Priority:**
1. **Highest**: Strong signals with divergence (blue/magenta triangles)
2. **Medium**: Primary signals without divergence (light green/red triangles)
3. **Confirmation**: Momentum signals (tiny circles)
**Position Sizing:**
- Larger positions on strong signals (divergence present)
- Standard positions on primary signals
- Smaller positions or adds on momentum signals
**Stop Placement:**
- Beyond recent swing structure
- Below/above divergence swing low/high for strong signals
- Trail stops when momentum signals align with position
**Alert System**
Built-in alert conditions for:
- Buy Signal: RSI buy without divergence
- Sell Signal: RSI sell without divergence
- Strong Buy Alert: Buy with bullish divergence
- Strong Sell Alert: Sell with bearish divergence
Configure alerts via TradingView's alert system to receive notifications for chosen signal types.
**Important Considerations**
**Strengths:**
- Multiple confirmation layers reduce false signals
- Classical divergence improves reversal detection
- Momentum signals add trend-following capability
- Highly customizable for different trading styles
- No repainting - all signals fixed at bar close
**Limitations:**
- Duration requirements may cause missed quick reversals
- Divergence lookback period affects sensitivity
- Not suitable as standalone system
- Requires understanding of RSI principles and divergence concepts
**Best Practices:**
- Combine with price action and support/resistance
- Use higher timeframe context for directional bias
- Respect overall market trend and structure
- Implement proper position sizing based on signal type
- Test parameters on your specific instrument and timeframe
**Comparison Summary**
This enhanced version represents a significant upgrade:
- Upgraded to Pine Script v5 modern standards
- Proper classical divergence detection (not simplified)
- Added momentum confirmation signals
- Fully customizable parameters via inputs
- Visual background zone highlighting
- Comprehensive alert system
- Better signal differentiation through color coding
The system transforms basic RSI analysis into a multi-dimensional trading tool suitable for various market conditions and trading styles.
**Disclaimer**: This indicator is designed for educational and analytical purposes. While the multi-layer filtering and classical divergence detection improve upon standard RSI implementations, no indicator guarantees profitable trades. The duration filtering reduces false signals but may delay entries. Divergence signals, while statistically favorable, can fail in strong trending conditions. Always use proper risk management, position sizing, and stop-loss orders. Consider multiple confirmation methods and market context before making trading decisions. Past performance does not guarantee future results.
VWAP Exhaustion Bars - HyruVWAP Exhaustion Bars
Quick visual spotting of market exhaustion levels with color-coded RSI bars and VWAP bands.
What it does:
Colors candles based on RSI exhaustion levels (5 red shades for overbought, 4 green for oversold)
Shows rolling VWAP with standard deviation bands
Drops triangle alerts when price hits the bands - red for resistance, green for support
Built-in alerts for extreme levels and band touches
Perfect for:
Scalping reversals at exhaustion points
Identifying potential bounce zones
Quick visual confirmation of overbought/oversold conditions
Clean, fast, and gets straight to the point. No clutter, just actionable signals when you need them most.
Default settings work great, but tweak the RSI length and thresholds to match your trading style.
Multi-Timeframe Sweep IndicatorsLiquidity Sweeps: Identify when price sweeps stops above/below key levels
Breakout Confirmation: Confirm breakouts across multiple timeframes
Entry Timing: Use lower timeframe sweeps for precise entries
Risk Management: Higher timeframe sweeps may indicate stronger moves
The indicator works best when combined with other analysis techniques like support/resistance levels, volume analysis, and market structure.
CFR - Candle Formation RatioDescription
This indicator is designed to detect candles with small bodies and significant wick-to-body ratios, often useful for identifying doji-like structures and potential accumulation areas.
Features
Filter candles by maximum body size (% of the total candle range).
Require that wicks are at least X times larger than the body.
Define the position of the body within the candle (e.g., body must be between 40% and 60% of the candle height).
Visual output: a single arrow marker when conditions are met.
Fully customizable marker color and size.
⚠️ Note: The settings of this version are currently in Turkish. An English version of the settings will be released in the future.
Liquidity+FVG+OB Strategy (v6)How the strategy works (summary)
Entry Long when a Bullish FVG is detected (optionally requires a recent Bullish OB).
Entry Short when a Bearish FVG is detected (optionally requires a recent Bearish OB).
Stop Loss and Take Profit are placed using ATR multiples (configurable).
Position sizing is fixed contract/lot size (configurable).
You can require OB confirmation (within ob_confirm_window bars).
Alerts still exist and visuals are preserved.
Liquidity + FVG + OB Markings (Fixed v6)This indicator is built for price-action traders.
It automatically finds and plots three key structures on your chart:
Liquidity Levels – swing highs & lows that often get targeted by price.
Fair-Value Gaps (FVG) – inefficient price gaps between candles.
Order-Blocks (OB) – zones created by strong, high-volume impulsive candles.
It also provides alerts and a small information table so you can quickly gauge the current market context.
X VIBVolume Imbalance Zones
X VIB highlights price-levels where buying or selling pressure overwhelmed the opposing side within a single bar transition, leaving a void that the market often revisits. The script paints those voids as boxes so you can quickly see where liquidity may rest, where price may pause or react, and which imbalances persist across sessions.
What it plots
For each completed calculation bar (your chart’s timeframe or a higher timeframe you choose), the indicator draws a box that spans the prior bar’s close to the current bar’s open—only when that bar-to-bar transition exhibits a valid volume imbalance (VIB) by the selected rules. Boxes are time-anchored from the previous bar’s time to the current bar’s time close, and they are capped to a configurable count so the chart remains readable.
Two ways to define “Volume Imbalance”
X VIB calculates imbalances in two complementary ways. Both techniques isolate bar-to-bar displacement that reflects one-sided pressure, but they differ in strictness and how much confirmation they require.
Continuity VIB (Bar-to-Bar Displacement)
A strict definition that requires aligned progress and overlap between consecutive bars. In practical terms, a bullish continuity VIB demands that the new bar advances beyond the prior bar’s close, opens above it, and maintains upward progress without erasing the displacement; the bearish case mirrors this to the downside.
Use when: you want the cleanest, most structurally reliable voids that reflect decisive initiative flow.
Effect on boxes: typically fewer, higher-quality zones that mark locations of strong one-sided intent.
Gap-Qualified VIB (Displacement with Gap Confirmation)
A confirmatory definition that treats the bar-to-bar displacement as an imbalance only if the transition also observes a protective “gap-like” relationship with surrounding prices. This extra condition filters out many borderline transitions and emphasizes voids that were less likely to be traded through on their formation.
Use when: you want additional confirmation that the void had genuine follow-through pressure at birth.
Effect on boxes: often slightly fewer but “stickier” zones that can attract price on retests.
Both modes are drawn identically on the chart (as boxes spanning the displacement). Their difference is purely in the qualification of what counts as a VIB. You can display either set independently or together to compare how each mode surfaces structure.
Multi-Timeframe (MTF) logic
You can compute imbalances on a higher timeframe (e.g., 15-minute) while viewing a lower timeframe chart. When MTF is active, X VIB:
Samples open, high, low, close, time, and time_close from the selected HTF in a single, synchronized request (no gaps, no lookahead).
Only evaluates and draws boxes once per HTF bar close, ensuring clean, stable zones that don’t repaint intra-bar.
How traders use these zones
Reversion into voids: Price often returns to “fill” part of a void before deciding on continuation or reversal.
Context for entries/exits: VIB boxes provide precise, mechanically derived levels for limit entries, scale-outs, and invalidation points.
Confluence: Combine with session opens, HTF levels, or volatility bands to grade setups. Continuity VIBs can mark impulse anchors; Gap-Qualified VIBs often mark stickier pockets.
Inputs & controls
Calculate on higher timeframe? Toggle MTF computation; choose your Calc timeframe (e.g., 15).
Show VIBs: Master toggle for drawing imbalance boxes.
Color & Opacity: Pick the box fill and border intensity that suits your theme.
# Instances: Cap how many historical boxes remain on the chart to avoid clutter.
Notes & best practices
Signal density: Continuity VIBs tend to be more frequent on fast charts; Gap-Qualified VIBs are more selective. Try both and keep what aligns with your trade plan.
MTF discipline: When using a higher calc timeframe, analyze reactions primarily at that timeframe’s pace to avoid over-fitting to noise.
Lifecycle awareness: Not all voids fill. Track which boxes persist; durable voids often define the map of the session.
Strong Body Close Candle (90%)This indicator highlights Strong Body Close Candles, which are single bars where the real body makes up the vast majority of the total range and the close is positioned very close to the candle’s extreme. By default, the script looks for candles where the body is at least 90% of the full high-low range, and the close falls within the top 10% (for bullish) or bottom 10% (for bearish). These settings ensure that only very strong, conviction-driven candles are marked. The script plots labels above or below qualifying bars, colors the candle accordingly, and provides alert conditions so you can be notified in real time when such a candle forms.
Both percentages are fully adjustable so you can fine-tune the strictness of the definition. For example, if you change the body threshold to 85% and the close-to-extreme threshold to 15%, the script will highlight candles where the body makes up at least 85% of the total range and the close is within 15% of the high or low. This adjustment allows for a slightly looser definition, catching more frequent signals while still maintaining strength criteria. Built-in alerts let you choose between bullish and bearish signals separately (or both), ensuring you won’t miss setups even when you’re away from the chart.
This tool is flexible across timeframes and instruments. On lower timeframes, signals may appear more frequently, highlighting intraday momentum bursts, while on higher timeframes such as daily or weekly charts, these signals often represent periods of strong directional conviction. Traders can combine this indicator with additional filters such as trend direction, volume confirmation, VWAP, or moving averages to improve reliability and fit it into their broader strategy. Because the body and close thresholds are user-defined, you have control over whether the indicator is tuned to rare but powerful candles (stricter settings) or more frequent signals (looser settings).
The indicator is designed to be non-repainting since it only evaluates candles after they close. It can be used purely visually with chart labels and bar coloring or as part of an automated workflow with TradingView alerts. Alerts are triggered on bar close whenever a bullish or bearish strong body close candle is detected, allowing you to integrate them into your trading process via pop-ups, emails, mobile notifications, or webhooks. Whether you’re looking for sharp reversals, momentum continuation signals, or simply want to filter out weaker candles, this tool provides a clear and adjustable framework for identifying high-conviction bars.
EMA20 (Cur/1H/D) + 5m Bar CountPlots EMA20 for current TF, 1H, and Daily, plus a 5-minute bar counter starting from 09:30 NY time, showing every Nth bar (default 2).
EMA & HMA with ShadingA simple indicator you can use to shade the area between an EMA and HMA for easier visualization. Hope you find it useful in your trading.
Opening ATR + High Momentum (10/30/60)this is a custom momentum indicator using atr
A fixed, compiling Pine v5 script is below with the three issues corrected: no plots in local scope, a ≤10-character shorttitle, and cleaned ternaries/formatting that remove the “end of line without line continuation” error.
MACD Josh MACD Study — Visual Crossover Tags
Overview:
This script displays MACD signals in a clear, visual way by showing:
Histogram = EMA(Fast) − EMA(Slow)
Signal = EMA(Histogram, Signal Length)
It adds labels and arrows to help you see crossover events between the Histogram and the Signal line more easily.
⚠️ Disclaimer: This tool is for educational and research purposes only. It is not financial advice or an investment recommendation. Past performance does not guarantee future results. Users should make their own decisions and manage risk responsibly.
Features
Central Zero Line with Signal and Histogram plots
Optional labels/arrows to highlight Histogram–Signal crossovers
Alerts for crossover and crossunder events, integrated with TradingView’s alert system
Standard adjustable inputs: Fast EMA, Slow EMA, Signal EMA
How to Interpret (for study only)
When the Histogram crosses above the Signal, a visual label/arrow marks a positive MACD event
When the Histogram crosses below the Signal, a visual label/arrow marks a negative MACD event
The “BUY/SELL” labels are visual study tags only — they do not represent trade instructions or recommendations
Responsible Usage Tips
Test across multiple timeframes and different assets
Combine with higher-timeframe trend, support/resistance, or volume for confirmation
Use alerts with caution, and always test in a demo environment first
Technical Notes
The script does not use future data and does not repaint signals once bars are closed
Results depend on market conditions and may vary across assets and timeframes
License & Credits
Written in Pine Script® v5 for TradingView
The indicator name shown on chart is for labeling purposes only and carries no implication of advice or solicitation
Custom Candle Coloring (3% Drop / Breakout / Follow-through)Naveen's custom bars. It helps with custom color of the bars to see significant candle movements and their interpretations
Tristan's Star: 15m Shooting Star DetectorThis script is designed to be used on the 1-minute chart , but it analyzes the market as if you were watching the 15-minute candles.
Every cluster of 15 one-minute candles is grouped together and treated as a single 15-minute candle.
When that 15-minute “synthetic” candle looks like a shooting star pattern (small body near the low, long upper wick, short lower wick, bearish bias), the script triggers a signal.
At the close of that 15-minute cluster, the script will:
Plot a single “Sell” label on the last 1-minute bar of the group.
Draw a horizontal line across the 15 bars at the high, showing the level that created the shooting star.
Optionally display a table cell in the corner with the word “SELL.”
This lets you stay on the 1-minute timeframe for precision entries and exits, while still being alerted when the higher-timeframe (15-minute) shows a bearish reversal pattern.
Key Levels: Open & Midday🔹 Opening Candle (9:30 AM New York Time)
Plots the high and low of the first 5-minute candle after the market opens.
🔹 12:30 PM Candle (3 hours after open)
Plots the high and low of the candle formed exactly 3 hours after the market opens.
These levels are useful for:
Identifying support/resistance zones.
Creating breakout or reversal strategies.
Tracking intraday momentum shifts.
📌 Important Notes:
Designed for 5-minute charts.
Make sure your chart is set to New York time (exchange time) for accurate levels.
Happy Trading!
Multi-Symbol Volatility Tracker with Range DetectionMulti-Symbol Volatility Tracker with Range Detection
🎯 Main Purpose:
This indicator is specifically designed for scalpers to quickly identify symbols with high volatility that are currently in ranging conditions . It helps you spot the perfect opportunities for buying at lows and selling at highs repeatedly within the same trading session.
📊 Table Data Explanation:
The indicator displays a comprehensive table with 5 columns for 4 major symbols (GOLD, SILVER, NASDAQ, SP500):
SYMBOL: The trading instrument being analyzed
VOLATILITY: Color-coded volatility levels (NORMAL/HIGH/EXTREME) based on ATR values
Last Candle %: The percentage range of the most recent 5-minute candle
Last 5 Candle Avg %: Average percentage range over the last 5 candles
RANGE: Shows "YES" (blue) or "NO" (gray) indicating if the symbol is currently ranging
🔍 How to Identify Trading Opportunities:
Look for symbols that combine these characteristics:
RANGE column shows "YES" (highlighted in blue) - This means the symbol is moving sideways, perfect for range trading
VOLATILITY shows "HIGH" or "EXTREME" - Ensures there's enough movement for profitable scalping
Higher candlestick percentages - Indicates larger candle ranges, meaning more profit potential per trade
⚡ Optimal Usage:
Best Timeframe: Works optimally on 5-minute charts where the ranging patterns are most reliable for scalping
Trading Strategy: When you find a symbol with "YES" in the RANGE column, switch to that symbol and look for opportunities to buy near the lows and sell near the highs of the ranging pattern
Risk Management: Higher volatility symbols offer more profit potential but require tighter risk management
⚙️ Settings:
ATR Length: Adjusts the Average True Range calculation period (default: 14)
Range Sensitivity: Fine-tune range detection sensitivity (0.1-2.0, lower = more sensitive)
💡 Pro Tips:
The indicator updates in real-time, so monitor for symbols switching from "NO" to "YES" in the RANGE column
Combine HIGH/EXTREME volatility with RANGE: YES for the most profitable scalping setups
Use the candlestick percentages to gauge potential profit per trade - higher percentages mean more movement
The algorithm uses advanced statistical analysis including standard deviation, linear regression slopes, and range efficiency to accurately detect ranging conditions
Perfect for day traders and scalpers who want to quickly identify which symbols offer the best ranging opportunities for consistent buy-low, sell-high strategies.
CNagda Anchor2EntryCNagda Anchor2Entry Pine Script v6 overlay indicator pulls higher-timeframe (HTF) signal events to define anchor high/low levels and then projects visual entry labels on the lower-timeframe (LTF). It also draws auto-oriented Fibonacci retracement/extension levels for context, but it does not execute orders, stops, or targets—only visual guidance.
Inputs
Key inputs include Lookback Length for HTF scanning and a Signal Timeframe used with request.security to import HTF events onto the active chart.
Entry behavior can be set to “Confirm only” or “Wait candle,” trade side can be restricted to Buy/Sell/Both, and individual strategies (Buy WAIT/S1; Sell REV/S1/S2/S3) can be toggled.
HTF logic
The script defines WAIT/BUY setup and confirmation, SELL reversal on breaking the WAIT BUY low, and several volume/candle-based patterns (Sell S1/S2/S3, Buy S1).
It captures the associated highs/lows at those events with ta.valuewhen and imports them via request.security to form anchors (anc_hi/anc_lo) and “new trigger” booleans that gate label creation on the LTF.
Flip entries
When enabled, “Flip entries” generate contrarian labels based on breaking or confirming HTF anchors: crossing above anc_hi can trigger a flip-to-sell label, and crossing below anc_lo can trigger a flip-to-buy label.
The flip mode supports Immediate (on cross) or Confirm (on sustained break) to control how strict the trigger is.
Fibonacci drawing
User-specified Fib levels are parsed from a string, safely converted to floats, and drawn as dotted horizontal lines only when they fall inside an approximate visible viewport. Orientation (up or down) is decided automatically from pending signal direction and a simple context score (candle bias, trend, and price vs. mid), with efficient redraw/clear guards to avoid clutter.
Dynamic anchors
If HTF anchors are missing or too far from current price (checked with an ATR-based threshold), the script falls back to local swing highs/lows to keep the reference range relevant. This dynamic switch helps Fib levels and labels remain close to current market structure without manual intervention.
Signal labels
Labels are created only on confirmed bars to avoid repainting noise, with one “latest” label kept by deleting the previous one. The script places BUY/SELL labels for WAIT/CONFIRM, direct HTF patterns (Buy S1, Sell S1/S2/S3), and contrarian flip events, offset slightly from highs/lows with clear coloring and configurable sizes.
Visual context
Bars are softly colored (lime tint for bullish, orange tint for bearish) for quick context, and everything renders as an overlay on the price chart. Fib labels include a Δ readout (distance from current close), and line extension length, label sizes, and viewport padding are adjustable.
How to use
Set the Signal Timeframe and Lookback Length to establish which HTF structures and ranges will drive the anchors and entry conditions. Choose entry flow (Wait vs Confirm), enable Flip if contrarian triggers are desired, select the trade side, toggle strategies, and customize Fibonacci levels plus dynamic-anchor fallback for practical on-chart guidance.
Notes
This is a visual decision-support tool; it does not place trades, stops, or targets and should be validated on charts before live use. It is written for Pine Script v6 and relies heavily on request.security for HTF-to-LTF transfer of signals and anchors.
All Levels This script draws key price levels on your chart, including:
• Previous Day (PD): High, Low, Close
• Day Before Yesterday (DBY): High, Low, Close
• Pre-Market (PM): High and Low
• Today’s levels: High, Low, Open, Close
• Current bar levels: High, Low, Open, Close
Each level is displayed as a horizontal line with a label showing the level value.
It works on any timeframe, including 1-minute charts, and automatically updates as new bars form.
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2. Features
1. Custom Colors
Each type of level has its own color, declared as a const color. For example:
• Previous Day High = red
• Today’s Close = gold
• Pre-Market High = fuchsia
2. Right-Extending Lines
All horizontal levels extend to the right, so you always see them on the chart.
3. Persistent Labels
Every line has a label at the right side showing its name and price. For example:
• PDH 422
• TODL 415.5
4. Dynamic Updates
The script updates automatically whenever a new bar forms, so levels stay accurate.
5. Session-Based Pre-Market
You can define the pre-market session (default “04:00–09:30 EST”). The script calculates the high and low of this session only.
6. Checkbox Inputs
You can enable/disable entire groups of levels:
• Previous Day
• Day Before Yesterday
• Pre-Market
• Today
• Current bar
Simple Turnover (Enhanced v2)📊 Simple Turnover (Enhanced)
🔹 Overview
The Simple Turnover Indicator calculates a stock’s turnover by combining both price and volume, and then compares it against quarterly highs. This helps traders quickly gauge whether market participation in a move is strong enough to confirm a breakout, or weak and likely to be false.
Unlike volume alone, turnover considers both traded volume and price level, giving a truer reflection of capital flow in/out of a stock.
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🔹 Formulae Used
1. Average Price (SMA)
AvgPrice=SMA(Close,n)
2. Average Volume (SMA)
AvgVol=SMA(Volume,n)
3. Turnover (Raw)
Turnover raw=AvgPrice × AvgVol
4. Unit Adjustment
• If Millions → Turnover = Turnover raw × 10^−6
• If Crores → Turnover = Turnover raw × 10^−7
• If Raw → Turnover = Turnover raw
5. Quarterly High Turnover (qHigh)
Within each calendar quarter (Jan–Mar, Apr–Jun, Jul–Sep, Oct–Dec), we track the maximum turnover seen:
qHigh=max (Turnover within current quarter)
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🔹 Visualization
• Bars → Color follows price candle:
o Green if Close ≥ Open
o Red if Close < Open
• Blue Line → Rolling Quarterly High Turnover (qHigh)
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🔹 Strategy Use Case
The Simple Turnover Indicator is most effective for confirming true vs false breakouts.
• A true breakout should be supported by increasing turnover, showing real capital backing the move.
• A false breakout often occurs with weak or declining turnover, suggesting lack of conviction.
📌 Example Strategy (3H timeframe):
1. Identify a demand zone using your preferred supply-demand indicator.
2. From this demand zone, monitor turnover bars.
3. A potential long entry is validated when:
o The current turnover bar is at least 20% higher than the previous one or two bars.
o Example setting: SMA length = 5 (i.e., turnover = 5-bar average close × 5-bar average volume).
4. This confirms strong participation in the move, increasing probability of a sustained breakout.
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🔹 Disclaimer
⚠️ This indicator/strategy does not guarantee 100% accurate results.
It is intended to improve the probability of identifying true breakouts.
The actual success of the strategy will depend on price action, market momentum, and prevailing market conditions.
Always use this as a supporting tool along with broader trading analysis and risk management.
One White Soldier & One Black Crow DetectorOne white soldier & one black crow.
Blue and yellow highlights
