📋 Trading Checklist – Precision Entry SystemTake your trading discipline to the next level with this Precision Trading Checklist for TradingView. Designed for intraday traders following liquidity, structure, and Smart Money Concepts (SMC) AKA ICT Concepts, this overlay ensures you never miss a key confirmation before entering a trade.
Features:
✅ Pre-Market Preparation: Track previous session highs/lows, AM/PM sessions, and key liquidity zones.
✅ Bias & Narrative Check: Quickly confirm daily trend, price position relative to daily open, and higher timeframe confluence.
✅ Session-Specific Rules: Focused sessions like Silver Bullet (10:00–11:30), Afternoon (13:30–15:00), and Final Hour (15:00–16:00).
✅ Structure & Setup Validation: Confirm liquidity sweeps, market structure shifts, expansion candles, fair value gaps, and order blocks.
✅ Risk Management Reminders: Stop-loss, target points, risk percentage, breakeven management, and pyramiding rules.
✅ Post-Trade Journaling: Document entries, session, setup type, trade outcome, and grading for continuous improvement.
✅ Golden Rules: Visual reminders to enforce discipline, avoid emotional trades, and respect session limits.
Why Use It:
This checklist is perfect for traders who want to stay consistent, minimise mistakes, and follow a disciplined routine. Displayed as an overlay on your chart, it provides all essential checks in one glance, keeping you focused on the setup rather than scrolling through notes or separate trackers.
How to use:
Add the indicator to your chart
Click the settings/gear icon
Check off items as you complete them
The checklist on your chart updates in real-time with green checkmarks!
The checkboxes will persist as long as the indicator is on your chart,
making it perfect for tracking your pre-trade and post-trade routines!
Follow the checklist items step by step before entering trades.
Use the session-specific guidelines to filter setups.
Journal your trades post-execution for growth and analysis.
Educational
Orderflow [Pro+] (DeadCat)This indicator introduces a sophisticated, multi-timeframe approach to detecting and visualizing Fair Value Gaps (FVGs)—also known as price imbalances—in order flow analysis. FVGs represent inefficiencies in price delivery where rapid buying or selling pressure creates a "gap" between candles, often signaling areas where price is likely to return to "fill" the imbalance due to unfilled liquidity. Unlike basic single-timeframe FVG tools that simply highlight gaps without context, this script layers in hierarchical time-based rules (HTF influencing LTF) to filter noise, enforce directional bias, and project dynamic support/resistance levels post-mitigation.
The core innovation lies in its bias-driven ecosystem: Higher timeframes (HTF) establish a "master bias" (bullish or bearish) upon FVG mitigation, which then governs lower timeframes (LTF) by suppressing conflicting FVGs or deleting overlapping ones. This creates a cascading structure where, for example, a bullish daily FVG might invalidate bearish 15-minute gaps above its bottom edge, promoting confluence across scales. Additionally, it incorporates dynamic swing tracking (updating highs/lows in real-time post-mitigation) and overlapping liquidity lines (projecting prior swings trapped within the FVG), turning static gap detection into a proactive order flow mapper.
This isn't a mere mashup of standard FVG logic (e.g., 3-candle imbalance checks) or swing detectors; the components synergize to simulate institutional order flow dynamics—prioritizing liquidity sweeps and bias alignment—reducing false signals in choppy markets. It's designed for traders seeking edge in scalping, swing, or position trading without repainting or lookahead bias in historical data.
Key Concepts Underlying the Calculations
FVG Detection Mechanism:
Uses a classic 3-candle imbalance filter: For a bullish FVG, the low of the current bar must gap above the high of the bar two periods ago (low > high ), with the prior bar's low dipping below that high (low < high ) to confirm inefficiency. The inverse applies for bearish FVGs (high < low , high > low ).
Introduces a BAG filter (Bias-Aligned Gap): Checks if the close of the confirming candle aligns with the gap's midpoint (e.g., close > midpoint for bullish), discarding "weak" gaps where price closes against the expected direction. This refines raw imbalances to those backed by momentum.
Swing Identification and Projection:
Tracks fixed swings (static high/low from the FVG formation bar) and dynamic swings (updating to new extremes post-mitigation, e.g., highest high since a bullish FVG touch).
Equal Range Lines (ERL): Post-mitigation, projects horizontal lines from fixed/dynamic swings as potential support (bullish) or resistance (bearish). These extend rightward until breached, with optional pre-tap visibility for anticipation.
Overlapping Liquidity: Scans the 5-bar lookback within the FVG range for trapped highs/lows, drawing a dotted line to highlight "engineered liquidity" zones where stops might cluster.
Hierarchical Bias Rules (HTF-LTF Interaction):
Once an FVG is mitigated (price touches its opposite edge, e.g., low piercing a bullish FVG's top), it activates a bias state for that timeframe (bullish: +1; bearish: -1), storing the gap's bounds as a reference.
LTF Suppression: New LTF FVGs opposing the HTF bias are blocked if they form in invalid zones (e.g., bearish LTF FVG bottom > bullish HTF bottom). Existing LTF FVGs are deleted if engulfed, partially overlapped, or directionally misaligned (6 overlap rules, including full engulfment or same-direction displacement).
Reset Triggers: Bias resets on opposing swing breaks (e.g., low < fixed swing in bullish state) or exhaustive mitigation (all FVGs filled), ensuring adaptability.
Mitigation and Extension Logic:
FVGs extend as semi-transparent boxes until fully mitigated (price closes beyond the far edge), then halt extension and optionally change color (e.g., red tint for filled zones).
Current-timeframe FVGs shift left by 2 bars to align with real-time bar indexing, avoiding visual lag.
These concepts draw from ICT (Inner Circle Trader) order flow principles—focusing on liquidity voids and bias hierarchies—but implement them programmatically with cross-TF validation, which isn't standard in most FVG scripts.
How It Works: Step-by-Step Signal Generation
Data Fetching: Pulls OHLCV from up to 6 user-defined timeframes (default: 15m, 1H, 4H, D, W, M) using request.security with barmerge to sync HTF bars to LTF without gaps.
FVG Formation: On each HTF bar close, scans for imbalances. If valid (post-bias filter), initializes state: clears prior opposing data, sets fixed/dynamic swings, and draws the box from formation time to infinity.
Ongoing Updates:
Boxes/labels/midlines extend rightward.
Swings update dynamically if new highs/lows form post-mitigation.
HTF bias propagates downward, pruning LTF noise in real-time.
Mitigation Check: On every LTF bar, tests if price pierces the nearest FVG edge. If so, activates bias, projects ERLs/overlaps, and cascades deletions.
Visualization: Boxes (FVGs) with midlines/labels; solid/dashed ERLs for swings; dotted overlaps. Optional table summarizes bias status (e.g., "▲ bullish IRL reacting" if price respects the level).
No future data is used—calculations are historical and real-time safe. Max limits (500 boxes/lines/labels) prevent overload.
How to Use It: Practical Application
Setup: Add to your chart (overlay=true). Enable 2-4 timeframes for confluence (e.g., 15m for entries, 1H/4H for bias). Set biases to "Auto" for dynamic detection, or "▲"/"▼" to force bullish/bearish filtering. Use universal colors for clean multi-TF overlays; tweak line styles/widths for visibility.
Interpretation:
Watch for FVGs: Bullish (upward gap, blue box) suggests buy-side inefficiency—expect pullbacks to fill from above. Bearish (downward gap) indicates sell pressure.
Bias Alignment: Green table status (e.g., "▲ reacting") signals strength; red ("failing") warns of reversal. Prioritize trades where LTF FVGs align with HTF bias.
Entry/Exit Ideas: Enter longs on bullish FVG mitigation (low touches top, ERL projects support). Target the box bottom or dynamic swing. Exit on bias reset (opposing break).
Risk Management: FVGs act as dynamic S/R. Use overlaps for stop placement (e.g., below trapped low). Avoid non-standard charts (Heikin Ashi) as signals distort.
Backtest with realistic slippage (0.1-0.5%) and risk <2% per trade. Past fills don't guarantee future ones—always combine with discretion.
Disclaimer: For educational purposes. Not financial advice. Verify in a demo account.
Trend (5m & 1h) by Ben2010🧭 What it does:
✅ Checks 5 min and 1 hour timeframes (you can change them).
✅ Evaluates:
RSI: momentum
MACD: direction
VWAP: price vs fair value
Volume: buyers vs sellers
Price structure: Higher High or Lower Low
✅ Combines all into a qualitative strength label (Very Bullish → Very Bearish).
✅ Displays everything in a neat table at the top-right corner.
[VINCENT] ICT Range SeparatorSession range separators based on New York market time
Automatic H4 / H1 session opening price with dynamic label placement
Optional Midnight and 09:30 NY open price reference lines
Daily / Weekly / Monthly / Yearly opening levels with auto-update each new period
Vertical HTF boundary separators (optional)
Day-of-week labels on intraday charts
Trendy Bands + Reversal SignalsTrendy Bands + Reversal Signals
This is a versatile and powerful TradingView indicator that combines a dual Bollinger Bands system with momentum-based reversal signals. It's designed to help traders identify the prevailing trend, potential volatility expansions/contractions, and key reversal points in the market.
Core Concept: The indicator uses two sets of Bollinger Bands with different standard deviation settings to create a "band within a band" structure. This visual setup makes it easier to gauge trend strength and spot potential breakouts or breakdowns. Additionally, it calculates a custom momentum oscillator to generate early warnings for potential trend reversals.
EMAs 4/8/15 + Classic Pivots (clean v5)Here is a clean code for people to use, hope it works well for you. 4/8/15 are key indicators. You first got to be on the right side or upside of the 15 and then you need to see a detachment from the 4/8. You will see that is when upward movement happens. for shorting, you need to be below the 4/8 and usually on the under of 15.
Sumit Infusion of DARVAS with EMASumit Infusion indicator is made to make trading easier and simpler
Rotating Messages (Rules or Motivational)This lightweight utility indicator allows you to display rotating custom text messages directly on your TradingView chart — perfect for reminders, trading rules, motivational quotes, or session notes.
You can define multiple messages separated by semicolons (;) or new lines, and the indicator will automatically cycle through them based on time or bar count. Ideal for traders who want visual cues without cluttering the chart.
⚙️ Main Features
⏱ Time-based or bar-based rotation — switch messages every X seconds (real-time) or X bars (historical/backtest mode).
📍 Flexible positioning — choose between Top Right, Bottom Right, or Bottom Center.
📏 Vertical offset — move text up or down for perfect placement on your chart.
🎨 Custom styling — set text color, background color, border visibility, and text size.
✍️ Simple message input — enter your rules or quotes in a text box with support for multi-line messages.
LP's Distribution KillzonesLukesProjections High Volume Kill Zones
This includes the London and New York session Killzones.
STWP Unified EMA Band (HLC Fusion – Crossover Enhanced Edition)🧠 STWP Unified EMA Band (HLC Fusion – Crossover Enhanced Edition)
Author: simpletradewithpatience (STWP)
Markets: Equities, Indices & Futures
Best Timeframes: 5-min to 1-hour (Daily TF optional for broader trend observation)
Built With: Pine Script v5
A structured, educational EMA fusion framework designed to help traders visually study trend transitions, slope behavior, and volume-based momentum shifts.
📌 Overview
The STWP Unified EMA Band merges High–Low–Close fusion logic with crossover detection and volume context to offer a clear visual understanding of trend behavior.
It is designed for traders who want to observe trend transitions, analyze momentum health, and study how volume supports or contradicts directional bias.
Internally, it uses an optimized EMA 9–21 fusion structure to identify directional shifts with precision and stability — a balance developed through the STWP methodology for consistent, unbiased trend evaluation.
This enhanced edition introduces a Crossover Engine for smoother transitions, adaptive band coloring, and a real-time educational dashboard that provides instant feedback on trend and volume strength.
📸 Chart Previews (Educational Examples)
1️⃣ Bullish Momentum Phase
🔗
📈 A bullish crossover where the fast EMA overtakes the slow EMA.
Observe the slope steepening and the dashboard confirming trend expansion.
2️⃣ Bearish Momentum Phase
🔗
📉 Displays a bearish crossover with slope weakening and band compression.
The dashboard highlights a transition to bearish bias with corresponding volume context.
⚠️ Snapshots are for educational reference only — not trading signals or recommendations.
📌 Key Features
✅ Dual EMA Band using High–Low–Close fusion logic
✅ Dynamic bullish/bearish band coloring
✅ Mid-band slope indicator with momentum feedback
✅ Volume strength classification (Strong / Moderate / Weak)
✅ Contextual crossover labels with real-time commentary
✅ Auto-removable exit labels for clean visualization
✅ Built-in educational STWP Dashboard (trend, slope, and volume insights)
✅ User-customizable color palette and toggles
✅ Compatible across intraday and swing setups
📊 STWP Dashboard Summary
A compact real-time data panel offering:
📈 Trend Status: Bullish / Bearish / Neutral
📊 Volume Condition: Strong / Moderate / Low
📉 Slope Direction: Rising / Falling / Flat
🕓 Last Signal Info: Timestamp, price, and strength context
The dashboard helps users learn how volume, slope, and structure interact dynamically during different market phases.
💡 Educational Use Cases
This tool is ideal for traders who want to:
Study momentum evolution through moving averages
Understand EMA slope and compression behavior
Observe how volume validates or contradicts trend strength
Build structured, observation-based learning habits
Develop discipline in recognizing trend exhaustion zones
It is meant as a visual study framework, not as a trading signal generator.
⚙️ Customization Options
Toggle crossover triangles and labels
Optional exit markers (auto-hide after signal)
Show or hide trend background shading
Customizable color settings for each phase
Enable or disable dashboard view
📆 Best Practice for Use
1️⃣ Apply to liquid assets or major indices for reliable band behavior.
2️⃣ Use primarily on 5-min to 1-hour charts to study intraday transitions clearly.
3️⃣ Optionally view on the Daily TF to understand higher-structure slope alignment and long-term trend health.
4️⃣ Observe how slope, band color, and volume interact during trend acceleration and contraction.
5️⃣ Treat dashboard readings as educational context, not trading triggers.
6️⃣ Combine with price structure, volume profile, or demand–supply zones for deeper observation.
⚠️ Important Notes
✅ Designed purely for learning and educational exploration
✅ No trading automation or signal generation included
✅ Does not provide entries, exits, or investment advice
✅ Built to promote structured observation and discipline in analysis
❌ Avoid using on higher timeframes for rapid setups — bands adjust slower there
📐 Glossary
EMA – Exponential Moving Average
HLC – High, Low, Close
Slope – Directional gradient of the mid-band
Volume Ratio – Current volume ÷ 20-bar average
Crossover – Fast EMA crossing Slow EMA
STWP – Simple Trade With Patience
💬 Philosophy Behind the Tool
Developed under the STWP methodology — Simple Trade With Patience — this indicator encourages traders to focus on learning the rhythm of the market, not chasing trades.
Every color, label, and slope change is designed to help users see what price action is communicating rather than predict outcomes.
⚠️ Disclaimer
This indicator is created solely for educational and informational purposes.
It does not constitute financial advice, a trading signal, or an investment recommendation.
Trading involves significant risk and may not be suitable for all participants.
Always consult a SEBI-registered financial advisor or licensed professional before making trading or investment decisions.
The author is not liable for financial loss resulting from the use or interpretation of this script.
By using this tool, you acknowledge and accept these terms.
🤝 Final Note
Built with precision and patience by simpletradewithpatience (STWP) — for traders who value structured learning and objective analysis.
Observe deeply. Learn continuously. Trade with discipline.
📈 Trade Less. Learn More. Let Patience Work for You.
🔒 Script Protection Note
This script is published under Protected visibility to maintain data integrity and prevent unauthorized modification.
The logic remains fully usable for all users while keeping the internal code structure secure — ensuring a safe, stable, and educational experience for everyone.
fpmanananaThis is a description of the indicator. It is a really good one that I think is really good.
Quantura - Session High/LowIntroduction
“Quantura – Session High/Low” is a professional-grade session mapping indicator that automatically identifies and visualizes the highs, lows, and ranges of key global trading sessions — London, New York, and Asia. It helps traders understand when and where liquidity tends to accumulate, allowing for better market structure analysis and session-based strategy alignment.
Originality & Value
This indicator unifies the three most influential global sessions into a single, adaptive visualization tool. Unlike typical session indicators, it dynamically updates live session highs and lows in real time while marking session boundaries and transitions. Its multi-session management system allows for immediate recognition of overlapping liquidity zones — a crucial feature for institutional and intraday traders.
The value and originality come from:
Real-time tracking of session highs, lows, and developing ranges.
Simultaneous visualization of multiple global sessions.
Optional vertical range lines for clearer visual segmentation.
Customizable session times, colors, and time zone offset for global accuracy.
Automatically extending and updating lines as each session progresses.
Functionality & Core Logic
Detects the start and end of each trading session (London, New York, Asia) using built-in time logic and user-defined UTC offsets.
Initializes session-specific high and low variables at the start of each new session.
Continuously updates session high/low levels as new candles form.
Draws color-coded horizontal lines for each session’s high and low.
Optionally adds vertical dotted lines to visually connect session range extremes.
Locks each session’s range once it ends, preserving historical structure for review.
Parameters & Customization
New York Session: Enable/disable, customize time (default 15:30–21:30), and set color.
London Session: Enable/disable, customize time (default 09:00–16:30), and set color.
Asia Session: Enable/disable, customize time (default 02:30–08:00), and set color.
Vertical Line: Toggle dotted vertical lines connecting session high and low levels.
UTC Offset: Adjust session timing to align with your chart’s local time zone.
Visualization & Display
Each session is color-coded for quick identification (default: blue for London, red for New York, green for Asia).
Horizontal lines track evolving session highs and lows in real time.
Once a session closes, the lines remain fixed to mark historical range boundaries.
Vertical dotted lines (optional) visually connect the session’s high and low for clarity.
Supports full overlay display without interfering with other technical indicators.
Use Cases
Identify liquidity zones and range extremes formed during active trading sessions.
Observe session overlaps (London–New York) to anticipate volatility spikes.
Combine with volume or market structure tools for session-based confluence.
Track how price interacts with prior session highs/lows to detect potential reversals.
Analyze session-specific performance patterns for algorithmic or discretionary systems.
Limitations & Recommendations
The indicator is designed for intraday analysis and may not provide meaningful output on daily or higher timeframes.
Adjust session times and UTC offset based on your broker’s or exchange’s timezone.
Does not provide trading signals — it visualizes session structure only.
Combine with liquidity and volatility indicators for full contextual understanding.
Markets & Timeframes
Compatible with all asset classes — including crypto, forex, indices, and commodities — and optimized for intraday timeframes (1m–4h). Particularly useful for traders analyzing session overlaps and volatility transitions.
Author & Access
Developed 100% by Quantura. Published as a Open-source script indicator. Access is free.
Compliance Note
This description fully complies with TradingView’s Script Publishing Rules and House Rules . It provides a detailed explanation of functionality, parameters, and realistic use cases without making any performance or predictive claims.
Extended MacrosExtended Macro Times from XX:42 to XX:15.
These are the times to trade and when the Smart Money Reversal is likely to occur.
Inside Day FinderWhat is an Inside Day?
An inside day happens when:
Today’s high is lower than yesterday’s high, and
Today’s low is higher than yesterday’s low.
So, today’s candle is inside the previous day’s range — showing consolidation or indecision in the market.
Trading ScorecardChecklist, note, scorecard, custom table. I originally created the table for currency strength analysis, but it can be used as a checklist. You can also create your own scoring system. The number of columns and rows can be changed. The color and size of the table are customizable.
High Probability TQQQ Call SignalMarket trend filter (both must be true)
SPY uptrend: SPY close > SPY 20-EMA and 50-EMA
QQQ uptrend: QQQ close > QQQ 20-EMA and 50-EMA
Leadership trigger (need at least one)
NVDA breakout: today’s NVDA close > yesterday’s high and today’s volume > 1.5 × 10-day avg vol
MSFT breakout: same rule for MSFT
Signal
If (1) AND (NVDA breakout OR MSFT breakout) → “TQQQ Call” signal prints on the chart and tints the background.
Trade idea implied by the setup
You’re using mega-cap leadership strength to confirm a broad tech uptrend, then buying TQQQ (or calls on TQQQ/QQQ) when leaders expand on high volume.
How to use it (practical rules)
Timeframe: Keep it on a Daily chart (or any chart, but the logic is all Daily).
Entry (simplest):
Enter TQQQ at next day’s open after a signal (or same-day close, but next-open is cleaner for testing).
Stops / invalidation (pick one):
QQQ close < 20-EMA (trend wobble → exit)
Or TQQQ close < 20-EMA
Or ATR stop: 2× ATR(14) below entry (fixed)
(Use whichever matches your style; for position trades, I like “QQQ close < 20-EMA”)
Profit taking (examples):
Partial at +8–12% on TQQQ, trail the rest with QQQ 20-EMA
Or time-based: 10 trading days then reassess, provided trend filters still pass
When to avoid:
Major macro days (CPI/PPI/NFP/FOMC) if you don’t want gap risk
If only one of SPY/QQQ is above EMAs (filter fails)
If breakouts happen on weak volume (below 1.5×)
Disclaimer:
This Pine Script is provided solely for informational and educational purposes. It is not investment advice or a recommendation to buy or sell any security, derivatives, or financial instrument. The signals and logic contained herein are based on historical data and technical analysis concepts, which may not reflect future market conditions.
Users are solely responsible for evaluating the risks associated with trading and investing. The author makes no guarantees regarding accuracy, reliability, or future performance. Past performance is not indicative of future results.
The author is not a registered financial advisor, broker, or dealer, and assumes no responsibility or liability for any financial losses incurred from the use or interpretation of this script.
Trading highly leveraged instruments such as TQQQ, futures, or options carries significant risk, including the possibility of losing more than your initial investment. Always conduct your own research and, if necessary, consult with a licensed financial professional.
By using this script, you agree that you are doing so at your own risk.
Full Floating Dashboard YUJiDisplay information on top right corner.
Info shown:
High and Low
Current Price
24 Hour Change
SSL Hybrid ScalperIt's a ready to trade script V5, that takes the original SSL Hybrid logic and optimizes it for XAUUSD scalping on 1min to 15min charts for buy & sell signals.
Blavk Terminal By Blavk Core Capitals- Open📘 Blavk Terminal
Multi-Indicator Trend & Momentum Detection System
Overview:
The Blavk Terminal indicator helps traders identify breakout and breakdown zones, market trend direction, and volatility conditions. It combines multiple well-known analytical concepts to generate reliable visual and alert-based trading signals.
🔍 Core Concepts
Trend Analysis: Uses layered moving averages (short to long-term) to identify price direction and trend strength.
Momentum Detection: Applies RSI-based logic to highlight potential breakout (bullish) and breakdown (bearish) areas.
Volatility Filter: Integrates ATR-based dynamic ranges to show stop-loss, target, and volatility status, helping traders manage positions more efficiently.
Volume Tracking: Displays both current candle volume and daily cumulative volume to assess participation strength.
⚙️ How to Use
On 15-minute charts, it can assist with swing trading and short-term momentum entries.
On daily, it helps with position or long-term holdings by confirming broader trend direction.
Traders can monitor green breakout/breakdown labels, confirm trend bias using moving averages, and use the displayed ATR levels for risk management.
💡 Conceptual Summary
Blavk Terminal integrates trend-following (moving averages), momentum confirmation (RSI), and volatility control (ATR) into a single tool.
This combination helps identify high-probability opportunities and supports decision-making across both short-term swing trades and long-term positional holds.
⚠️ Disclaimer
This indicator is for educational and analytical purposes only. It does not provide financial advice or guaranteed outcomes. Always backtest and apply risk management before live trading.
@blavkcorecapitals
Iron Condor & Butterfly VisualizerIt helps you visualize and manage your option spread by:
Plotting strike prices and breakeven lines directly on the chart.
Showing profit/loss zones, adjustment zones, and alerts when price nears critical levels.
Calculating risk/reward, probability of profit, theta decay, IV condition, and trade score.
🎯 2. Inputs & Configuration
You input your trade details as a comma-separated string:
For an Iron Condor
ShortCall, LongCall, ShortPut, LongPut, Credit, Contracts, Target%
Example: 626,628,620,618,1.20,1,30
For a Butterfly Spread
LowerWing, Body, UpperWing, Debit, Contracts, Target%
Example: 600,620,640,2.50,2,50
The indicator automatically parses this and knows which strategy type you selected.
You can also control:
Visuals (profit zones, breakevens, labels)
Risk (stop loss %, adjustment zones)
Account/risk sizing
Market conditions (IV Rank, current IV, DTE)
⚙️ 3. Data Parsing & Strategy Recognition
The code reads your pasted string, splits it by commas, and determines:
Which strikes are short vs long (or wings/body for Butterfly)
Whether the strategy is credit (Iron Condor) or debit (Butterfly)
Calculates net credit/debit, contract size, and profit target
📈 4. Profit/Loss Calculations
It dynamically calculates:
Max Profit
Iron Condor: net credit × 100 × contracts
Butterfly: (wing width − debit) × 100 × contracts
Max Loss
Iron Condor: difference between strikes minus credit
Butterfly: debit × 100 × contracts
Breakeven points
Iron Condor: short strikes ± net credit
Butterfly: body ± debit
Current P&L relative to the live price (close).
⚖️ 5. Risk & Position Sizing
It checks:
Stop-loss trigger (% of max loss)
Adjustment alert if price nears short strikes
Recommended contract size based on account size and % risk per trade
Actual % of account at risk
⏱️ 6. Time Decay & IV Analysis
If you input days to expiration, it shows:
Theta (approx daily time decay)
Decay progress bar (% of 30-day cycle)
IV condition:
Green: favorable (>50 IV Rank)
Yellow: neutral (30–50)
Red: poor (<30)
🧮 7. Trade Scoring
It gives a Trade Score (0–100) based on:
IV Rank (favorable market)
Risk/Reward ratio
Probability of profit
Default 20 baseline points
This helps gauge whether the setup is statistically attractive.
🧠 8. Visualizations
When the indicator runs, it draws on your chart:
Lines
Red = short strikes
Orange dashed = long strikes
Yellow dotted = breakeven levels
Boxes
Green = profit zone
Orange shaded = adjustment zones (approaching danger)
Labels (optional)
Strike labels (call/put prices)
Info box summarizing:
Profit, loss, risk/reward
Breakevens, theta, target, gamma risk flag
🚨 9. Alerts
The script triggers TradingView alerts when:
Price nears call or put adjustment zones
Profit target is hit
Stop loss is hit
These help you manage the trade without constant monitoring.
🧭 10. In Practice
You’d:
Copy the option strikes and trade details from your broker or analyzer.
Paste them into 📋 PASTE YOUR TRADE DATA HERE.
The indicator plots:
Profit/loss region
Adjustment warnings
Key metrics
Alerts if your trade is in danger or near target.
Web3 Sector Monitor[SurgeGuru]📊 Crypto Sector Monitor — Multi-Sector Strength Dashboard
This script provides a visual and data-driven overview of the performance of major cryptocurrencies, grouped by sector — such as Infrastructure, DeFi, NFTs, and ENS — allowing traders to track which sectors are leading or lagging the market in real time.
🧠 Core Functionality
Sector-Based Grouping:
Coins are organized into distinct categories (Infrastructure, DeFi, NFT, ENS), making it easy to monitor capital flow between ecosystem themes.
Dynamic Performance Analysis:
Calculates percentage change of each coin relative to its value performance_length bars ago (default: 24h).
This gives an immediate view of short-term sector strength or weakness.
Relative Strength Mode:
Compares each asset’s performance against a reference symbol (e.g. BTC or ETH) to display outperformance or underperformance relative to the broader market.
Average Sector Strength:
Displays the average performance per sector, helping identify which category dominates momentum.
Multiple Plot Modes:
Choose between:
📈 Performance: Sector-based color plots showing % change over time.
💰 Price: Real-time price levels of selected coins.
⚖️ Relative Strength: Comparison vs benchmark coin.
🧩 Display & Customization
Compact Table Display:
All results are presented in a color-coded table for quick scanning. Colors correspond to sectors, and optional emojis provide intuitive visual cues.
Configurable Visibility:
Toggle specific categories (Infrastructure, DeFi, NFT, ENS) on/off individually.
Legend Table:
Automatically generated legend explains color mapping and sector composition for clarity.
Dense Mode Option:
Reduces spacing between rows for tighter, minimal layout when screen space is limited.
⚙️ Main Inputs
Performance Length: Lookback period for performance calculation.
Reference Symbol: Used for relative strength comparison.
Plot Mode: Switch between “Performance,” “Price,” and “Relative Strength.”
Dense Mode: Compact visual layout toggle.
📈 Usage
Ideal for crypto traders who want to track sector rotation and relative performance across key crypto ecosystems.
Helps quickly identify which sectors are gaining momentum, potentially signaling where liquidity is flowing next.
🧭 How to Read the Crypto Sector Monitor
The indicator displays a multi-sector dashboard that tracks the short-term performance and relative behavior of key crypto assets.
Each coin is color-coded by sector and shown in a table or chart-style layout depending on the selected mode.
🔹 1. Performance Mode ("Perf")
What it shows:
Each coin’s percentage change over the last X bars (default = 24 hours).
The table displays positive values in greenish tones (strong performance) and negatives in reddish tones (weak performance).
How to read:
Higher positive values → coin is gaining strength vs its past 24h value.
Lower or negative values → coin is losing strength or being sold off.
The sector average row gives an instant snapshot of which group (e.g., Infrastructure, DeFi, NFT) is leading or lagging.
Use case:
Great for detecting sector rotation — when money flows from one theme to another.
Example: If Infrastructure average = +3.5% while DeFi = −1.2%, traders are rotating toward infrastructure assets.
🔹 2. Price Mode ("Price")
What it shows:
The current live price of each tracked coin, updating per bar.
This mode is meant for quick absolute value comparison, not relative changes.
How to read:
Watch how price levels evolve alongside performance.
Combined with the legend, you can see at a glance which assets are higher-value vs low-cap within the same sector.
Use case:
Helpful if you want to anchor context (actual price) while scanning sector behavior.
🔹 3. Relative Strength Mode ("RS")
What it shows:
Each coin’s relative performance vs a chosen benchmark (usually BTC or ETH).
It measures how much the coin outperformed or underperformed compared to the reference symbol.
How to read:
Positive RS → coin is stronger than BTC over the lookback period.
Negative RS → coin is weaker than BTC.
Sector averages reveal whether an entire category is outperforming or lagging the benchmark.
Use case:
Ideal for rotation traders looking for coins that consistently outperform BTC or ETH, indicating alpha potential.
🧩 General Visual Cues
Colors = Sector identity
Each category (Infrastructure, DeFi, NFT, ENS) has its own color palette, reflected across both table and legend.
Legend Table
Appears in the corner with symbols and colors for quick sector identification.
🧠 TL;DR for Traders
Mode - Meaning - What to Look For
Perf % change vs past X bars Strong/weak performers & sector averages
Price Current live price Quick price reference by sector
RS Relative to BTC/ETH Outperformers & underperformers vs benchmark
Rolling VWAP Indicator🧭 Rolling VWAP Indicator
Overview
The Rolling VWAP Signals indicator offers a clean, real-time view of price behavior relative to its volume-weighted fair value.
It extends the traditional VWAP concept by introducing a Rolling VWAP that continuously adapts over a dynamic window of recent bars, allowing traders to visualize evolving equilibrium zones without being limited to daily or session resets.
Additionally, it includes a Multi-Timeframe (MTF) Trend Bias Filter — designed not to recalculate VWAP across timeframes, but to confirm directional alignment with higher-timeframe momentum. This ensures that short-term signals are traded only when the broader bias agrees, reducing false reversals and improving signal quality.
VWAP vs Rolling VWAP
The Volume-Weighted Average Price (VWAP) is one of the most widely used institutional benchmarks.
It represents the average traded price weighted by volume — effectively the market’s “fair value.”
However, standard VWAP resets each day or session, losing continuity across time and ignoring cumulative order flow beyond that session.
The Rolling VWAP used here continuously recalculates over a moving window of the most recent bars:
• It adapts naturally to 24×7 markets such as crypto and indices.
• It reflects the current consensus of price and volume rather than starting from zero each morning.
• It acts as a dynamic fair-value magnet, showing when price deviates too far from equilibrium.
In short:
• Standard VWAP → resets daily, suited for intraday benchmarks.
• Rolling VWAP → continuous measure of short-term market balance and sentiment.
How It Works
1. Rolling VWAP Calculation
Uses the last N bars (auto-adjusted by timeframe: e.g., 288 for 5-min, 96 for 15-min, 24 for 1-hour) to compute the continuously weighted mean price:
RVWAP = \frac{\sum(Price \times Volume)}{\sum(Volume)}
2. VWAP Bands
Three deviation envelopes are plotted above and below RVWAP at user-defined percentages — visual zones of overbought/oversold or expansion/compression.
3. Signal Logic
• Buy Signal: price closes above the Rolling VWAP after being below (bullish reclaim).
• Sell Signal: price closes below the Rolling VWAP after being above (bearish rejection).
• Cooldown Period: blocks repeated signals within a set bar interval to avoid whipsaws.
4. MTF Trend Bias
• Pulls higher-timeframe trend direction (e.g., from 1-hour while trading 5-min).
• Signals are confirmed only when short-term cross aligns with higher-timeframe bias.
• This filter does not modify or recalculate the VWAP — it purely acts as a directional validator.
5. Session Filter
Restrict signal generation to defined trading hours and timezone (e.g., 09:30–13:00 NY). Its for US market positional traders.
6. Dashboard Panel
Displays system states: data sufficiency, session activity, VWAP bias, cooldown status, and Buy/Sell signal triggers.
Why It’s Useful
• Provides a real-time adaptive fair-value anchor instead of static daily VWAP.
• Highlights both trend continuation and mean-reversion zones.
• Integrates MTF bias confirmation to trade only in line with higher-timeframe flow.
• Eliminates clutter — no oscillators or complex models, just price vs volume behavior.
How to Use
1. Apply on any timeframe (5M–4H).
2. Observe Buy (green) and Sell (red) signals relative to the blue Rolling VWAP line.
3. Enable MTF Trend Bias to confirm signals with higher-timeframe direction.
4. Use deviation bands for identifying overextended conditions or pullback opportunities.
5. Monitor the dashboard for live system feedback.
Customization
• Auto or manual Rolling VWAP window.
• Adjustable band multipliers.
• MTF bias confirmation toggle.
• Session and timezone settings.
• Dashboard size and placement.
Conceptual Takeaway
The Rolling VWAP Simple Signals indicator combines the strength of volume-weighted mean reversion with higher-timeframe directional filtering, producing clear, context-aware entries and exits.
It answers two critical trader questions:
“Where is the real, volume-based fair value right now?”
“Does my signal align with the larger trend?”
⚠️ Disclaimer
This indicator is designed s olely for educational and analytical purposes . It does not constitute financial advice, investment recommendation, or trading signal service. Trading involves substantial risk and may not be suitable for all investors. Always perform your own analysis and use proper risk management before taking any trade. The author assumes no liability for financial losses resulting from the use or interpretation of this tool.
