Volatility-Driven CandleThis indicator identifies and highlights "volatility-driven candles" on a price chart, based on their body size relative to market volatility. It calculates the Average True Range (ATR) over a 14-period window to measure volatility. A candle is considered "volatility-driven" if its body (the difference between the close and open prices) exceeds a user-defined threshold, which is specified as a multiple of the ATR.
The script distinguishes between bullish and bearish volatility-driven candles:
Bullish volatility-driven candles (where the close is greater than the open) are marked with a blue label.
Bearish volatility-driven candles (where the close is less than the open) are marked with an orange label.
Additionally, the background color of the chart is shaded:
Blue for bullish volatility-driven candles.
Orange for bearish volatility-driven candles.
This script helps traders easily spot significant price movements relative to volatility, highlighting potential reversal points based on candle body size.
Candlestick analysis
Hidden Demand and Supply Histogram with Colorsf the histogram shows a green bar, it suggests a hidden demand zone, and you might consider entering a long position or exiting a short position.
If the histogram shows a red bar, it suggests a hidden supply zone, and you might consider entering a short position or exiting a long position.
Normalized Momentum Score (Customizable) with FiltersNormalized Momentum Score (Customizable) with Filters
Bitfinex vs Binance BTC Spot Price DifferenceThis indicator will display the difference between the current spot price of BTC on Bitfinex and the current spot price of BTC on Binance.
Intrabar Volume Distribution [BigBeluga]Intrabar Volume Distribution is an advanced volume and order flow indicator that visualizes the buy and sell volume distribution within each candlestick.
🔔 Before Use:
Turn off the background color of your candles for clear visibility.
Overlay the indicator on the top layout to ensure accurate alignment with the price chart.
🔵 Key Features:
Inside Bar Volume Visualization:
Each candlestick is divided into two columns:
Left column displays the sell % volume amount.
Right column displays the buy % volume amount.
Provides a clear representation of buyer-seller activity within individual bars.
Percentage Volume Labels:
Labels above each bar show the percentage share of sell and buy volume relative to the total (100%).
Quickly assess market sentiment and volume imbalances.
Point of Control (POC) Levels:
Orange dashed lines mark the POC inside each bar, indicating the price level with the highest traded volume.
Helps identify key liquidity zones within individual candlesticks.
Multi-Timeframe Volume Analysis:
The indicator automatically uses a timeframe 20-30 times lower than the current one to gather detailed volume data.
For each higher timeframe candle, it collects 20-30 bars of lower timeframe data for precise volume mapping.
Each bar is divided into 100 volume bins to capture detailed volume distribution across the price range.
Bins are filled based on the aggregated volume from the lower timeframe data.
Lookback Period:
Allows traders to select how many bars to display with delta and volume information.
The beginning of the selected lookback period is marked with a gray line and label for quick reference.
Indicator displays up to 80 bars back
🔵 Usage:
Order Flow Analysis: Monitor buy/sell volume distribution to spot potential reversals or continuations.
Liquidity Identification: Use POC levels to locate areas of strong market interest and potential support/resistance.
Volume Imbalance Detection: Pay attention to percentage labels for quick recognition of buyer or seller dominance.
Scalping & Intraday Trading: Ideal for traders seeking real-time insight into order flow and volume behavior.
Historical Analysis: Adjust the lookback period to analyze past price action and volume activity.
Intrabar Volume Distribution is a powerful tool for traders aiming to gain deeper insight into market sentiment through detailed volume analysis, allowing for more informed trading decisions based on real-time order flow dynamics.
russian arbitrageскрипт предназначен для ограниченного круга лиц чтобы мало кто понял что тут происходит
Hidden Order BlockThe Crystal Order Block Indicator is designed to help traders identify institutional order blocks with precision and reliability. By analyzing price action and volume behavior, this tool highlights high-probability zones where smart money has likely placed orders.
🔹 Key Features:
✅ Automated Order Block Detection – Identifies valid bullish & bearish order blocks based on price structure and volume dynamics.
✅ Unmitigated Order Block Filtering – Highlights fresh order blocks that haven’t been tapped, helping traders find high-probability trade setups.
✅ Smart Money Concepts (SMC) & ICT-Based Logic – Uses institutional trading principles to refine entry and exit points.
✅ Multi-Timeframe Compatibility – Works effectively on all timeframes, making it suitable for scalping, intraday, and swing trading.
✅ Customizable Alerts – Stay notified when a new order block forms, ensuring you never miss an opportunity.
✅ Risk Management Enhancement – Helps traders set precise stop-loss and take-profit levels based on institutional trading zones.
📌 How It Works:
The indicator scans price movements and detects areas where significant buying or selling pressure occurred, forming institutional order blocks. It then checks for mitigated vs. unmitigated order blocks, ensuring only the most relevant zones are displayed.
✔️ Bullish Order Blocks: Marked when a strong buying zone is detected, often acting as support.
✔️ Bearish Order Blocks: Identified in areas of strong selling pressure, often acting as resistance.
The indicator is optimized for Smart Money trading strategies, making it a valuable tool for traders who follow ICT, SMC, and VSA concepts.
🎯 How to Use It Effectively:
🔹 Entry Strategy: Wait for price to retest a fresh order block and confirm entry with additional confluences (e.g., volume spikes, price action signals).
🔹 Exit Strategy: Use order blocks as take-profit targets or stop-loss levels, improving risk-reward ratios.
🔹 Timeframe Recommendation: Best results on M30 and higher, but can be used on lower timeframes with additional confirmations.
🚀 What’s New in the Updated Version?
🔹 More Accurate Order Block Detection – Improved filtering for better precision.
🔹 Mitigation Tracking – Helps traders focus on fresh order blocks for higher success rates.
🔹 Better Visualization – Enhanced clarity for quick decision-making.
This indicator is a must-have for traders who want to trade like institutions and refine their trading strategy using smart money concepts.
CountdownsDisplays a table of countdowns of the current bar on different time frames.
It shows how much time is left until candle close if we were to change the chart to that time frame, but without the need to do so.
An adaptation of 'Countdown Candle RRS' by reza9300 (), including up to 10 customizable time frames, plus some additional table styling options.
Usage:
Add the indicator to your chart to see a table of countdown timers.
Adjust the settings to customize the appearance and to check / uncheck which time frames to include.
Notes:
Updates are based on price changes, so counters may appear 'frozen' or 'lagging' when there is no real time tick update in price.
Themp Strategy [SMC+CRT]SMC Indicator
** Indicator is not signal for trade but I will let you know where u should trade**
***you need to know the SMC strategy
***you need to know the CRT strategy
Indicator Object
1. Market Stucture SMC
2. Liquidity sweep zone
3. Fair value gap
4. IDM (inducement)
5. OrderBlock
This is my stratgy setup
Step
1. Analysis The market direction on TF 4H with SMC stucture
2. mark the Key Level of TF 4H (OB,FVG,Swing H/L,LIQ)
3. wait price coming to Key level and wait for Liquidity Sweep
4. use CRT Strategy to confirm the reversal at Key level just wait for the A and M candle at TF 1H
5. go to TF15M and looking for the Orderblock Inside the CRT 1H around M candle then pending the order wait for the price retest the orderblock
3 Red / 3 Green Strategy with Volatility CheckStrategy Name: 3 Red / 3 Green Strategy with Volatility Check by AlgoTradeKit
Overview
This long-only strategy is designed for daily bars on NASDAQ (or similar instruments) and combines simple price action with a volatility filter. It “tells it like it is” – enter when the market shows weakness, but only in sufficiently volatile conditions, and exit either on signs of a reversal or after a set number of days.
Entry Conditions
- Price Action :
Enter a long position when there are 3 consecutive red days (each day's close is below its open).
- Volatility Filter :
The entry is allowed only if the current ATR (Average True Range) calculated over the specified ATR Period (default 12) is greater than its 30-day simple moving average. This ensures the market has enough volatility to justify the trade.
Exit Conditions
- Reversal Signal :
Exit the long position when 3 consecutive green days occur (each day's close is above its open), signaling a potential reversal.
- Time Limit :
Regardless of market conditions, any open trade is closed if it reaches the Maximum Trade Duration (default 22 days). This helps limit exposure during stagnant or unfavorable market conditions.
- You can toggle the three-green-day exit if you want to isolate the time-based exit.
Input Parameters
- Maximum Trade Duration (days): Default is 22 days.
- ATR Period: Default is 12.
- Use 3 Green Days Exit: Toggle to enable or disable the three-green-day exit condition.
How It Works
1. Entry: The strategy monitors daily price action for 3 consecutive down days. When this occurs and if the market is volatile enough (current ATR > 30-day ATR average), it opens a long position.
2. Exit: The position is closed if the price action reverses with 3 consecutive up days or if the trade has been open for the maximum allowed duration - i.e. use it on daily chart.
Risk Management
- The built-in maximum trade duration prevents trades from lingering too long in a non-trending or consolidating market.
- The volatility filter helps ensure that trades are only taken when there is sufficient price movement, potentially increasing the odds of a meaningful move.
Disclaimer
This strategy is provided “as is” without any warranties. It is essential to backtest and validate the performance on your specific instrument and market conditions before deploying live capital. Trading involves significant risk, and you should adjust parameters to match your risk tolerance.
Test and tweak this strategy to see if it fits your trading style and market conditions. Happy trading!
VWAP with EMA 9 and 21Below is a description for the Pine Script indicator that combines VWAP (Volume Weighted Average Price) with EMA 9 and EMA 21, designed for use on TradingView as a single indicator. This description is concise, clear, and suitable for adding to the script itself or sharing with others to explain its purpose and functionality.
Description for "VWAP with EMA 9 and 21" Indicator
"This custom indicator combines three popular technical analysis tools—VWAP (Volume Weighted Average Price), 9-period EMA (Exponential Moving Average), and 21-period EMA—into a single, efficient overlay for TradingView charts. Designed to work within the free plan's limit of 3 indicators, this script plots all three lines as one indicator, saving chart slots for additional tools.
VWAP: Displays the daily Volume Weighted Average Price (blue line), calculated using the typical price (HLC3), resetting at the start of each trading day. It reflects the average price weighted
SMA Crossover with RSI ConfirmationThis is a sniper entry indicator that provides Buy and Sell signals using other Indicators to give the best possible Entries
Moving Average Crossovers:
The indicator uses two moving averages: a short-term SMA (Simple Moving Average) and a long-term SMA.
When the short-term SMA crosses above the long-term SMA, it generates a buy signal (indicating potential upward momentum).
When the short-term SMA crosses below the long-term SMA, it generates a sell signal (indicating potential downward momentum).
RSI Confirmation:
The indicator incorporates RSI (Relative Strength Index) to confirm the buy and sell signals generated by the moving average crossovers.
RSI is used to gauge the overbought and oversold conditions of the market.
A buy signal is confirmed if RSI is below a specified overbought level, indicating potential buying opportunity.
A sell signal is confirmed if RSI is above a specified oversold level, indicating potential selling opportunity.
Dynamic Take Profit and Stop Loss:
The indicator calculates dynamic take profit and stop loss levels based on the Average True Range (ATR).
ATR is used to gauge market volatility, and the take profit and stop loss levels are adjusted accordingly.
This feature helps traders to manage their risk effectively by setting appropriate profit targets and stop loss levels.
Combining the information provided by these, the indicator will provide an entry point with a provided take profit and stop loss. The indicator can be applied to different asset classes. Risk management must be applied when using this indicator as it is not 100% guaranteed to be profitable.
OHLC OLHC - Monthly, Weekly, Daily and HourlyThis indicator plots the previous day's (or any selected timeframe’s) Open, High, Low, and Close (OHLC) levels on the current chart. It helps traders analyze historical price levels to identify support and resistance zones.
Key Features:
Multi-Timeframe Support:
Users can select a timeframe (D, W, M, etc.) to fetch previous OHLC data.
The script requests OHLC values from the selected timeframe and overlays them on the current chart.
Customizable Display Options:
Users can choose to display only the last OHLC levels instead of all past session levels.
Users can extend the OHLC lines across the chart.
Background Highlighting:
The script fills the background only for the Previous Open and Previous Close levels, making them visually distinct.
Previous High and Low levels do not have background color.
This script is particularly useful for day traders and swing traders who rely on key price levels to make trading decisions. Let me know if you need further refinements!
Trading Sessions with TableTrading Sessions with Table is a dynamic TradingView indicator that displays the status of major global trading sessions directly on your chart. The script features a customizable table listing key sessions—Sydney, Tokyo, London, and New York—along with their open and close times and current status ("Open" or "Closed").
Key features include:
Custom Time Inputs: Easily set your session times by entering HH:MM formatted strings.
Dynamic Timestamps: The script calculates session timestamps for the current day and automatically adjusts for sessions that span midnight.
Visual Cues: Active sessions are highlighted with distinct background colors for quick reference.
Alert Conditions: Built-in alerts notify you when each session starts and ends, so you can stay informed of market shifts.
Ideal for traders managing multi-market strategies, this tool offers a clear, at-a-glance overview of session activity and helps streamline your trading decisions across different time zones.
Gap Detector RSTThis script detects and visualizes price gaps in the market using customizable settings. It identifies bullish and bearish gaps over a specified lookback period and marks them with clearly defined boxes. Users can adjust the minimum gap percentage threshold and customize colors for better visibility.
Advanced Candlestick Pattern DetectorWhat Does This Indicator Do?
This indicator looks at the way price moves in the market using candlesticks (those red and green bars you see on charts). It tries to find special patterns like Bullish Engulfing, Hammer, Doji, and others. When one of these patterns shows up, the indicator checks a bunch of filters to decide if the pattern is strong enough to be a signal to buy or sell.
The Main Parts of the Indicator
1. Candlestick Pattern Detection
Bullish Engulfing:
Imagine you see a small down candle (red) and then a big up candle (green) that completely “covers” the red one. That’s a bullish engulfing pattern. It can signal that buyers are taking over.
Bearish Engulfing:
The opposite of bullish engulfing. A small up candle (green) is followed by a big down candle (red) that covers the previous candle. This suggests sellers might be in control.
Hammer & Shooting Star:
Hammer: A candle with a very short body and a long shadow at the bottom. It shows that buyers stepped in after a drop.
Shooting Star:
Similar to the hammer but with a long shadow on top. It can indicate that sellers are starting to push the price down.
Doji:
A candle with almost no body. This means the opening and closing prices are very close. It shows indecision in the market.
Harami Patterns (Bullish & Bearish):
These are two-candle patterns where the second candle is completely inside the body of the first candle. They signal that the previous trend might be about to change.
Morning Star & Evening Star:
These are three-candle patterns.
Morning Star:
Often seen at the bottom of a downtrend, it can signal a reversal to an uptrend.
Evening Star:
Seen at the top of an uptrend, it can signal that the price may soon go down.
2. Filters: Making the Signals Smarter
The indicator doesn’t just rely on patterns. It uses several “filters” to decide if a pattern is strong enough to trade on. Here’s what each filter does:
a. Adaptive Thresholds (ATR-Based)
What It Is:
The indicator uses something called ATR (Average True Range) to see how much the price is moving (volatility).
How It Works:
Instead of using fixed numbers to decide if a candle is a Hammer or a Doji, it adjusts these numbers based on current market activity.
User Settings:
Use Adaptive Thresholds: Turn this on to let the indicator adjust automatically.
Body Factor, Shadow Factor, Doji Factor: These numbers are multipliers that decide how small or big the body and shadows of the candle should be. You can change them if you want the indicator to be more or less sensitive.
b. Volume Filter
What It Is:
Volume shows how many trades are happening.
How It Works:
The filter checks if the current volume is higher than the average volume (multiplied by a set factor). This helps ensure that the signal isn’t coming from a very quiet market.
User Settings:
Use Volume Filter: Turn this on if you want to ignore signals when there’s not much trading.
Volume MA Period & Volume Multiplier: These settings determine what “normal” volume is and how much higher the current volume must be to count.
c. Multi-Timeframe Trend Filter
What It Is:
This filter looks at a bigger picture by using a moving average (MA) from a higher timeframe (for example, daily charts).
How It Works:
For a bullish (buy) signal, the indicator checks if the price is above this MA.
For a bearish (sell) signal, the price must be below the MA.
User Settings:
Use Multi-Timeframe Trend Filter: Enable or disable this filter.
Higher Timeframe for Trend: Choose which timeframe (like Daily) to use.
Trend MA Type (SMA or EMA) & Trend MA Period: Choose the type of moving average and how many candles to average.
d. Additional Trend Filters (ADX & RSI)
ADX Filter:
What It Is:
ADX stands for Average Directional Index. It measures how strong a trend is.
How It Works:
If the ADX is above a certain threshold, it means the trend is strong.
User Setting:
ADX Threshold: Set the minimum strength the trend should have.
RSI Filter:
What It Is:
RSI (Relative Strength Index) tells you if the price is overbought (too high) or oversold (too low).
How It Works:
For a buy signal, RSI should be low (under a set threshold).
For a sell signal, RSI should be high (above a set threshold).
User Settings:
RSI Buy Threshold & RSI Sell Threshold: These set the levels for buying or selling.
3. How the Final Signal Is Determined
For a signal (buy or sell) to be generated, the indicator first checks if one of the candlestick patterns is present. Then it goes through all these filters (trend, volume, ADX, RSI). Only if everything is in line will it show:
A BUY signal when all bullish conditions are met.
A SELL signal when all bearish conditions are met.
4. Visual Elements on the Chart
Trend MA Line:
A blue line is drawn on your chart showing the moving average from the higher timeframe (if you enable the trend filter). This helps you see the overall direction of the market.
Labels on the Chart:
When a signal is detected, you’ll see:
A BUY label below the candle (green).
A SELL label above the candle (red).
Background Colors:
The chart background might change slightly (green for bullish and red for bearish) to give you a quick visual cue.
Histogram:
At the bottom, there is a histogram that shows +1 for bullish signals, -1 for bearish signals, and 0 when there’s no clear signal.
5. Alerts
Alerts are built into the indicator so you can get a notification when a signal appears. The alert messages are fixed strings, meaning they always say something like “BUY signal on at price .” You can set up these alerts in TradingView to be notified via sound, email, or pop-up.
How to Use and Adjust the Filters
Deciding on Patterns:
You can choose which candlestick patterns you want to detect by toggling the options (e.g., Bullish Engulfing, Hammer, etc.).
Adjusting Adaptive Thresholds:
If you feel that the indicator is too sensitive (or not sensitive enough) during volatile times, adjust the Body Factor, Shadow Factor, and Doji Factor. These change how the indicator recognizes different candle shapes based on market movement.
Volume Filter Settings:
Use Volume Filter:
Turn this on if you want to ignore signals when there’s not enough trading activity.
Adjust the Volume MA Period and Volume Multiplier to change what “normal” volume is for your chart.
Multi-Timeframe Trend Filter Settings:
Choose a higher timeframe (like Daily) to see the bigger picture trend. Select the type of moving average (SMA or EMA) and its period. This filter ensures you only trade in the direction of the overall trend.
ADX & RSI Filters:
ADX:
Adjust the ADX Threshold if you want to change the minimum strength of the trend needed for a signal.
RSI:
Set the RSI Buy Threshold (for oversold conditions) and RSI Sell Threshold (for overbought conditions) to refine when a signal is valid.
Summary
This indicator is like having a smart assistant that not only looks for specific price patterns (candlesticks) but also checks if the overall market conditions are right using several filters. By combining:
Pattern Detection
Adaptive thresholds (based on ATR)
Volume Checks
Multi-Timeframe Trend Analysis
Additional Trend Strength and Overbought/Oversold Indicators (ADX & RSI)
...it helps you decide if it might be a good time to buy or sell. You can customize each part to fit your trading style, and with the built-in alerts, you can be notified when everything lines up.
Feel free to adjust the settings to see how each filter changes the signals on your chart. Experimenting with these will help you learn how the market behaves and how you can best use the indicator for your own strategy!
Daily True Range (DTR) vs Average True Range (ATR)Overview
The "DTR vs ATR with Color-Coded Percentage" indicator is a powerful volatility analysis tool designed for traders who want to understand daily price movements in the context of historical volatility. It calculates the Daily True Range (DTR)—the raw measure of a single day’s volatility—and compares it to the Average True Range (ATR), which smooths volatility over a user-defined period (default 14 days). The indicator presents this data in an intuitive table, featuring a color-coded percentage that visually represents how the current day’s move (DTR) stacks up against the average volatility (ATR). This helps traders quickly assess whether the current day’s price action is unusually volatile, average, or subdued relative to recent history.
Purpose
Volatility Comparison: Visualize how the current day’s price range (DTR) relates to the average range (ATR) over a specified period.
Decision Support: Identify days with exceptional movement (e.g., breakouts or reversals) versus normal or quiet days, aiding in trade entry/exit decisions.
Risk Management: Gauge daily volatility to adjust position sizing or stop-loss levels based on whether the market is exceeding or falling short of typical movement.
Features
Daily True Range (DTR) Calculation:
Computes the True Range for the current day as the greatest of:
Current day’s High - Low
High - Previous Close
Low - Previous Close
Aggregates data on any timeframe to ensure accurate daily values.
Average True Range (ATR):
Calculates the smoothed average of DTR over a customizable period (default 14 days) using Wilder’s smoothing method.
Updates in real-time as the day progresses.
Timeframe Flexibility: Works on any chart timeframe (e.g., 1-minute, 1-hour) while always calculating DTR and ATR based on daily data.
Color-Coded Display in either compact or table mode
The percentage value is color-coded in the table based on configurable thresholds:
Safe (default 75): Normal range, within typical volatility
Warning: (default 75-125): Above-average volatility.
Danger (default 125): Exceptionally high volatility
Oracle Ema : sma simple Indicator: Gradient Moving Average with Table
Overview
The Gradient Moving Average with Table is a visual-enhanced moving average indicator that dynamically changes its color based on price movements. It provides a smooth gradient effect on the moving average line and includes a table that indicates whether the price is above or below the MA, using turquoise and pink colors for clear visibility.
🔹 Key Features
✅ Dynamic Gradient Effect on EMA/SMA
The moving average line gradually changes color based on price movement.
Fuchsia (pink) when the MA is decreasing.
Blue when the MA is increasing.
✅ Price Position Table (Top-Right Corner)
Displays whether the price is above (turquoise) or below (pink/fuchsia) the moving average.
Adapts automatically based on EMA or SMA selection.
✅ Customizable Inputs
Choose EMA or SMA as the base moving average.
Adjust gradient intensity to control color transparency.
Toggle the table display ON/OFF.
📊 How It Works
1️⃣ The script calculates a moving average (SMA or EMA).
2️⃣ It determines price movement (uptrend or downtrend) based on price difference.
3️⃣ A gradient color effect is applied dynamically:
The more volatile the movement, the stronger the gradient effect.
Less transparency for strong trends, more transparency for stable zones.
4️⃣ A real-time table shows whether the price is above or below the MA, with colors:
Turquoise (Above)
Pink/Fuchsia (Below)
🛠 Customization Options
Moving Average Type: Select EMA or SMA.
Gradient Intensity: Adjust the transparency and color effect strength.
Table Display: Toggle the table ON or OFF.
🎯 Ideal For
Traders who want a clear visual representation of market trends.
Scalpers and swing traders needing quick trend recognition.
Users who prefer color-coded visual aids over complex charts.
This indicator enhances traditional moving averages with a modern gradient effect and real-time status updates for quick decision-making. 🚀
Three Bar Reversal Pattern [ActiveQuants]This indicator identifies bullish and bearish three-bar reversal patterns , offering traders a visual tool to spot potential trend reversals. By analyzing consecutive candlesticks, volume trends, and candlestick morphology, it highlights signals while filtering out false patterns. Ideal for traders using price action strategies, it simplifies pattern recognition and enhances decision-making with customizable parameters.
█ KEY FEATURES
Pattern Detection Logic :
Bullish Reversals : Detects two consecutive bearish candles followed by a bullish candle that closes above the open of the first bearish candle .
Bearish Reversals : Identifies two consecutive bullish candles followed by a bearish candle that closes below the open of the first bullish candle .
Volume Confirmation :
Filters signals using a Volume SMA (user-defined length) to ensure reversals occur with above-average volume, adding validity to the pattern.
Candlestick Filtering :
Shooting Star Filter : Discards bullish patterns if the third candle is a Shooting Star (body confined to the lower portion of the candle’s range, adjustable via Shooting Star Body Limit ).
Hammer Filter : Discards bearish patterns if the third candle is a Hammer (body confined to the upper portion of the candle’s range, adjustable via Hammer Body Limit ).
Customizable Display :
Toggle visibility of bullish/bearish patterns and customize their colors.
Adjust the Show Last parameter to limit plotted labels to recent bars.
Alerts Integration :
Separate Bullish/Bearish Alerts : Generate independent alerts for bullish and bearish patterns. Traders can selectively enable one or both alerts via TradingView’s alert system.
Real-time notifications ensure you never miss a potential reversal signal.
█ CONCLUSION
The Three Bar Reversal Pattern Indicator streamlines the identification of reversal setups by combining candlestick patterns, volume analysis, and customizable filters. Its focus on price action dynamics makes it invaluable for traders seeking to capitalize on trend exhaustion or market sentiment shifts.
█ IMPORTANT NOTES
⚠ Use with Confluence : Reversal signals should be validated with additional tools like support/resistance levels, trendlines, or momentum oscillators.
⚠ Adapt Parameters : Adjust Volume SMA Length , Show Last , and body limits ( Shooting Star Body Limit and Hammer Body Limit ) to suit your timeframe and asset volatility.
█ RISK DISCLAIMER
Trading involves significant risk, and you may lose capital. Past performance is not indicative of future results. This tool provides informational signals only and does not constitute financial advice. Use it at your own risk and consult a qualified financial professional before making trading decisions.
Incorporate this indicator into your strategy to refine reversal entries, manage risk, and align with market momentum.
📈 Happy trading! 🚀
ICT Liquidity Levels [TakingProphets]Overview
This indicator is designed to dynamically identify and display key liquidity levels—areas where market participants are likely to engage. By analyzing price swing points, it highlights potential support and resistance zones that can signal reversals or breakouts. The script distinguishes between buyside and sellside liquidity levels, presenting them with customizable visual cues and labels for immediate clarity.
How It Works
Swing Point Detection:
The indicator uses a pivot-based method (with a configurable “Base Swing Strength”) to detect swing highs and lows. Each detected swing is evaluated for its “swing size” (percentage price movement), and if it exceeds a user-defined threshold, the level is classified as major.
Level Creation and Classification:
Overview
Built on core ICT principles, this indicator identifies key liquidity zones—areas where market imbalances can lead to liquidity sweeps. By dynamically analyzing swing points, it offers traders a real-time view of where liquidity is clustering, allowing for a deeper understanding of market structure. 🚀
How It Works
Swing Point Detection 🔍
• Uses a pivot-based method with a configurable “Base Swing Strength” to detect significant price swings.
• Calculates the swing size (percentage change) to flag zones that exceed the “Major Level Threshold” as major liquidity zones.
Level Creation & Classification 🛠️
• Buyside Liquidity Levels (BSL):
Identified from swing highs, marking zones where buying liquidity clusters.
• Sellside Liquidity Levels (SSL):
Identified from swing lows, highlighting zones of concentrated selling liquidity.
• Each zone is stored with its price, bar index, and classification (major or standard) before being drawn as a horizontal line on the chart.
Dynamic Level Management 🔄
• Extension: Liquidity lines automatically extend from their detection point to the current bar.
• Consolidation: When levels are close in price, the script merges them—updating labels (e.g., “REQH” or “REQL”) to denote unified liquidity zones.
• Traded-Through Detection: Adjusts or removes levels if the market moves beyond them, based on your settings.
• Age-Based Cleanup: Inactive zones are automatically removed after a set number of bars to maintain clarity.
Customization Options ⚙️
Visual Settings:
• Choose from solid, dashed, or dotted line styles and adjust line width.
• Option to display labels with customizable placement (left or right) for optimal clarity.
Color & Opacity:
• Set distinct colors for buyside and sellside liquidity zones.
• Configure opacity for zones that have been traded through, keeping them visible yet de-emphasized.
Detection & Cleanup Parameters:
• Adjust “Base Swing Strength” to control pivot detection sensitivity.
• Set the “Major Level Threshold %” to filter for significant liquidity zones.
• Decide whether to retain or remove zones once price moves through them.
• Define how many bars should pass before inactive zones are automatically deleted.
How to Use 🚀
Apply the Indicator:
Simply add the script to your chart—it automatically detects and marks key liquidity zones based on recent price action.
Adjust Inputs:
Fine-tune parameters like swing strength, threshold percentages, and visual settings to match the asset’s characteristics and your trading strategy.
Interpret the Visuals:
• Major Liquidity Zones:
Highlighted with thicker lines and distinct labels (e.g., “Major BSL/SSL”), indicating areas of heightened liquidity concentration.
• Consolidated Zones:
Merged labels (e.g., “REQH/REQL”) denote unified liquidity zones where clustering is significant.
• Traded-Through Zones:
Changes in opacity signal that the market has moved beyond a previously identified liquidity zone.
Underlying ICT Concepts 💡
Liquidity Pools & Sweeps:
Focused on identifying where liquidity is concentrated, the indicator aligns with ICT methodologies that highlight zones crucial for liquidity sweeps.
Pivot Analysis for Liquidity:
Enhances traditional pivot detection to spotlight liquidity clusters, providing a deeper insight into market structure.
Real-Time Adaptation:
With continuous updates and built-in cleanup, the indicator ensures that liquidity zones accurately reflect current market conditions.
Engulfing BoxEngulfing Day Trading Strategy | Version 1.0
This indicator highlights Bullish and Bearish Engulfing candlestick patterns, designed for day trading strategies. It identifies key market reversals and potential breakout points using simple price action principles.
🔑 Features:
Detects Bullish and Bearish Engulfing patterns based on customizable trend filters.
Automatically draws percentage levels (20%, 50%, and 75%) for target zones.
Bullish Engulfing → Levels drawn top to bottom.
Bearish Engulfing → Levels drawn bottom to top.
Highlights the engulfing candle and previous bar with colored boxes.
Supports trend detection using SMA50 or SMA50 & SMA200.
Alert conditions for both bullish and bearish setups.
Ideal for scalping, day trading, and identifying potential reversals.
📊 How to Use:
Apply the indicator on your preferred time frame (5M, 15M, 1H, etc.).
Wait for the engulfing pattern to form and monitor the drawn levels for potential entry/exit points.
Use in combination with volume or momentum indicators for enhanced confirmation.
⚠️ Disclaimer:
This is a tool for educational purposes and should not be considered financial advice. Always manage your risk and backtest before live trading.
VWAP [cryptalent]VWAP Indicator with Adjustable Source
Overview
This TradingView indicator calculates Daily, Weekly, and Monthly VWAP (Volume Weighted Average Price) with the flexibility to select different price sources (Open, High, Low, Close, HLC3, etc.). It also displays previous period VWAP levels, helping traders analyze past liquidity zones.
Key Features:
✅ Adjustable Source – Users can choose the price used for VWAP calculations (e.g., Close, High, Low, Open).
✅ Multi-Timeframe VWAP – Tracks Daily, Weekly, and Monthly VWAP to provide a broader market view.
✅ Historical VWAP Levels – Displays previous VWAP values for comparison and reference.
✅ Step Line Style – Ensures clear distinction between different periods and prevents overlapping.
✅ Visible in the Price Scale – The latest and historical VWAP values are displayed in the right-hand price scale for easy reference.
Customization:
You can easily modify the input settings to match your trading style.
Adjust the VWAP source price to test different perspectives (e.g., Open vs. High vs. Close).
