ORB Strategy - NY Market### **ORB Strategy - NY Market (Final Optimized Version)**
#### **📌 Description**
The **Opening Range Breakout (ORB) Strategy** is a powerful intraday trading tool designed to identify market trends based on the first few minutes of trading. This indicator is optimized for the **New York Stock Exchange (NYSE)** and enables traders to capture high-probability breakout trades with precise stop-loss and take-profit levels.
#### **🔹 Key Features:**
✅ **ORB Session Customization** – Set your preferred ORB duration (default: 9:30 AM - 10:00 AM EST).
✅ **Session-Based ORB Levels** – Resets daily to prevent previous-day interference.
✅ **Accurate ORB Calculation** – Captures the high & low of the defined ORB session.
✅ **Timeframe Visibility Control** – Choose which timeframes display ORB levels.
✅ **Breakout Confirmation** – Uses **volume filters** to validate trade entries.
✅ **Stop-Loss & Take-Profit Integration** – Automatically calculates SL & TP using a **Risk-Reward ratio**.
✅ **Alerts & Signals** – Get notified when a breakout occurs!
#### **📈 How It Works:**
1. **ORB Detection:**
- The indicator marks the **High & Low** of the **first 30 minutes** after market open (default).
- These levels serve as key breakout zones.
2. **Breakout Confirmation:**
- A **long entry** occurs when price breaks **above** the ORB high with strong volume.
- A **short entry** occurs when price breaks **below** the ORB low with strong volume.
3. **Risk Management:**
- The indicator automatically calculates **Stop-Loss (SL) & Take-Profit (TP)** based on a **Risk-Reward Ratio (default: 1:2)**.
4. **Alerts & Signals:**
- The script provides **entry signals** with visual markers and **alert notifications** for breakouts.
#### **📊 Ideal For:**
✅ **Intraday Traders & Scalpers** – Capitalize on early market momentum.
✅ **Breakout Traders** – Identify high-probability trade setups.
✅ **Stock & Index Traders** – Works well on **S&P 500, NASDAQ, and major stocks**.
This ORB strategy helps traders **filter noise, enter high-probability trades, and manage risk efficiently**. 🚀📉📈
Let me know if you need any modifications! 😊
المؤشرات والاستراتيجيات
Scalping Buy/Sell with Alerts & SL/TP📌 Overview
This is a scalping trading script for TradingView that:
✅ Identifies Buy & Sell signals using two Exponential Moving Averages (EMA).
✅ Calculates Stop-Loss (SL) and Take-Profit (TP) levels dynamically.
✅ Uses lines (line.new()) instead of plot() to display SL/TP.
✅ Includes alerts for Buy/Sell signals
XIXI - Happy Hour Strategy IndicatorThe Happy Hour Strategy Indicator is specifically designed to complement our in-house trading strategy, tailored for the forex market. This indicator helps traders define the latest market structure and identify fresh Fair Value Gaps (FVGs) for precise trade execution.
By automating entry signals, the indicator removes emotional bias and ensures seamless execution based on predefined market conditions. Whether you're a discretionary or systematic trader, the Happy Hour Strategy Indicator streamlines the decision-making process, allowing for more consistent and efficient trading.
SMA10 & SMA50 Crossover Strategy//@version=5
strategy("SMA10 & SMA50 Crossover Strategy", overlay=true, default_qty_type=strategy.percent_of_equity, default_qty_value=10)
// Calculate the SMAs
sma10 = ta.sma(close, 10)
sma50 = ta.sma(close, 50)
// Plot the SMAs on the chart
plot(sma10, color=color.blue, title="SMA10")
plot(sma50, color=color.red, title="SMA50")
// Define the crossover conditions
// Buy when SMA10 becomes >= SMA50 and the previous bar had SMA10 < SMA50
buySignal = (sma10 >= sma50) and (sma10 < sma50 )
// Sell when SMA10 becomes <= SMA50 and the previous bar had SMA10 > sma50
sellSignal = (sma10 <= sma50) and (sma10 > sma50 )
// Generate entries based on the conditions
if buySignal
strategy.entry("Long", strategy.long)
if sellSignal
strategy.entry("Short", strategy.short)
Double Bollinger Bands with Dynamic Stops and Take Profit### 📊 **Double Bollinger Bands with Dynamic Stops and Take Profit – Technical Description**
The **Double Bollinger Bands with Dynamic Stops and Take Profit** indicator is a comprehensive tool that enhances classic Bollinger Bands by incorporating **dual deviation bands** for improved volatility analysis. It also dynamically calculates **stop-loss** and **take-profit** levels based on recent price action, offering a robust framework for managing trades in trending or ranging markets.
---
### ✅ **Indicator Parameters**
1. **Bollinger Bands Settings:**
- **Period (`length`):** Defines the moving average window (default: 20).
- **Deviation 1 (`deviation1`):** Controls the width of the first Bollinger Band (default: 1.0).
- **Deviation 2 (`deviation2`):** Controls the width of the second Bollinger Band (default: 2.0).
2. **Dynamic Stop-Loss and Take-Profit Settings:**
- **Lookback Period (`stop_lookback`):** Number of bars used to determine dynamic stop levels (default: 26).
- **Stop Multiplier (`stop_multiplier`):** Fraction of the range used to calculate the stop-loss (default: 0.5).
- **Risk/Reward Ratio (`rr_ratio`):** Determines the take-profit relative to the stop-loss (default: 3.0).
---
### 📐 **Calculation Logic**
1. **Bollinger Bands Calculation:**
- **Basis Line:** A **Simple Moving Average (SMA)** of the closing price:
\
- **Deviation Multipliers:** Standard deviations scaled by user input:
- **Upper Band 1:** \( \text{Basis} + \text{Deviation 1} \times \text{stdev} \)
- **Lower Band 1:** \( \text{Basis} - \text{Deviation 1} \times \text{stdev} \)
- **Upper Band 2:** \( \text{Basis} + \text{Deviation 2} \times \text{stdev} \)
- **Lower Band 2:** \( \text{Basis} - \text{Deviation 2} \times \text{stdev} \)
2. **Dynamic Stop Calculation:**
- Identifies the **highest high** and **lowest low** over the lookback period:
\
- **Dynamic Stop for Long Positions:**
\
- **Dynamic Stop for Short Positions:**
\
3. **Dynamic Take-Profit Calculation:**
- Extends the stop calculation by multiplying with the **risk/reward ratio**:
\
\
---
### 📈 **Visual Outputs**
- **Bollinger Bands:**
- **Green Bands:** Inner Bollinger Bands (Deviation 1) indicate short-term volatility.
- **Red Bands:** Outer Bollinger Bands (Deviation 2) highlight extreme price movements.
- **Blue Line:** The central moving average (basis) for trend direction.
- **Dynamic Stops & Take-Profits:**
- **Green Circles:** Dynamic stop-loss and take-profit levels for **long** positions.
- **Red Circles:** Dynamic stop-loss and take-profit levels for **short** positions.
---
### 🛠️ **Practical Use-Cases**
1. **Trend-Following Strategy:** Use the **outer bands** to confirm breakouts, with dynamic stops for protection.
2. **Mean Reversion:** Enter trades when the price touches **outer bands**, aiming for the **basis**.
3. **Volatility Management:** Adjust **stop_multiplier** to adapt stops to changing market conditions.
4. **Dynamic Risk Control:** Automatically calculates stop-loss and take-profit for structured **risk management**.
---
👉 This indicator provides a **multi-layered approach** for both trend and mean-reversion strategies, integrating real-time **risk control** through dynamic stop and take-profit mechanisms.
---
RSI Divergence with Trendline wavywade3Settings
RSI Length: Number of bars for RSI calculation. (Default: 14)
RSI Source: Price source for RSI (close, open, high, low).
Overbought / Oversold Levels: For visual reference only (70/30 by default).
Take Profit %: Percentage gain at which the strategy will close the position. (Default: 5%)
Stop Loss %: (Optional) Percentage drop at which the strategy will stop out. (Default: 0%, i.e., disabled.)
Best Practices
Choose an Appropriate Timeframe
Depending on your trading style (day trading vs. swing trading), divergences might appear more or less frequently. You may get more whipsaws on lower timeframes, so always backtest on multiple timeframes before going live.
Adjust Pivots
The number of bars used to confirm a pivot (in the script it’s set around 2–5 bars) can significantly affect the sensitivity. You can tweak those settings if you want fewer or more frequent divergences.
Combine with Other Tools
Divergences can be powerful signals, but they’re not foolproof. This script works best if combined with other confluences such as support/resistance lines, volume analysis, or higher-timeframe trends.
Paper Trade & Backtest
Always test any new strategy in a demo environment or with TradingView’s backtesting to see its historical performance, then forward-test in live market conditions with minimal risk.
Risk Management
Since markets can move quickly, consider using the optional stop-loss parameter or external stop management. The hidden divergence exit can help reduce drawdowns, but no exit strategy is perfect.
In Summary
If you’re looking to trade RSI divergences automatically, this strategy simplifies the process by drawing and extending RSI trendlines, confirming entries on their break, and exiting trades at a fixed profit target or upon detecting a hidden divergence in the opposite direction. Customize the RSI settings, take-profit percentage, and (optionally) a stop loss to fit your preferences. Always remember to backtest thoroughly and employ sound risk management.
4EMA_3826_Manh Luan_VN✅ Giữ nguyên logic hiện tại: Khi có tín hiệu BUY hoặc SELL, prevTrend sẽ cập nhật thành 1 hoặc -1.
✅ Reset prevTrend về 0 khi EMA không theo thứ tự: Nếu emaBuy == false và emaSell == false, nghĩa là các đường EMA không thỏa mãn điều kiện sắp xếp theo trend, prevTrend sẽ trở về 0.
✅ Giữ tính năng hiển thị tín hiệu BUY/SELL đúng với thay đổi của trend.
Giờ bạn có thể thử lại trên TradingView! 🚀
Ultimate Multi-Factor Profitable Indicator suraj paswan69This Pine Script is designed to combine multiple trading concepts into a single TradingView indicator. It currently integrates Relative Strength Index (RSI) for momentum analysis and provides a framework to incorporate additional strategies like liquidity sweeps, fair value gaps (FVGs), order flow analysis, and other confluences for profitable trading decisions.
Electronic Trading Hours Session/CandlesThis indicator visually distinguishes the electronic trading session, spanning from the prior day's close (e.g., 5:00 PM EST) through the overnight period until the next day's opening bell (e.g., 9:30 AM EST).
It can be customized to highlight this period with a shaded zone or colored candles depending on the trader’s preference.
The overnight levels that create the opening range gap often act as critical zones of liquidity.
The indicator provides a clear visual cue of potential price magnets that smart money (institutional traders) may target during the opening bell session to trigger liquidity sweeps.
Liquidity + Fearzone [Combined]This powerful overlay indicator merges the "Draw on Liquidity " and "Fearzone (Zeiierman)" tools to provide a comprehensive view of market dynamics. It identifies high and low liquidity zones using pivot points and volume analysis, drawing dynamic lines on the chart (blue for resistance, red for support) and displaying a customizable dashboard with real-time proximity alerts. Simultaneously, it detects contrarian "fear zones" based on price deviations from highs and moving averages, plotting red candlesticks and optional alert circles when fear conditions are met. Ideal for traders seeking to combine liquidity-based support/resistance with momentum-driven reversal signals, this indicator offers a dual-perspective approach to market analysis.
Refined Fractal & Lux Algo S/R BreakoutFractal Indicator (Period 21) → Identifies support and resistance.
Lux Algo Support & Resistance → Confirms key levels.
Fibonacci Weekly LevelsTo be used on shares in weekly time frame only. Box guies you for stop loss and momentum.
level guides you for trailing stop loss
Fibonacci Weekly LevelsUsed in share to find the location for stop loss and for the area to catch momentum. Boxes are meant for the same reason and Levels are to be used for intraday or for trailing stop loss.
MyLibraryLibrary "MyLibrary"
TODO: add library description here
fun(x)
TODO: add function description here
Parameters:
x (float) : TODO: add parameter x description here
Returns: TODO: add what function returns
Volatility Drift [7 Dreams India Official]buy vs sell
buyer vs seller strength
strictly for educational purpose and back testing
Engulfing Candle DetectorThis detect Bullish & Bearish Engulfing Candle in any time frame. The rules the engulfing candle should engulfs the previous candle high and low price not the opened or the closed candle.
Sholzy Algo buy Indicator Sholzy Algo Indicator using the 15min.
Indicator works best on XAUUSD, Use it in line with your primary trading analysis and strategy as it is only an advise. Be cautious of your account, plotting it on a 1:3 RR.
Daily and Weekly Divider / Separator, ICTReal Candle Daily & Weekly Divider.
Feel free to make a request!
AI Quantum Reversal MACD DadsInvestment How to Read This MACD-Style Quantum Indicator
✔ Green Histogram Bars = Bullish Bottom Reversal (BUY)
✔ Red Histogram Bars = Strong Downtrend Momentum (SELL or Avoid)
✔ Quantum Line (Blue) Crosses Above Signal Line (Orange) = Buy Setup
✔ Quantum Line (Blue) Crosses Below Signal Line (Orange) = Sell Setup
🔹 Best Timeframes for Swing Trading
🏆 4H → Captures Medium-Term Swings
🏆 1D → Best for Swing Trade Reversals
🏆 1W → Strongest Long-Term Trend Reversals
🔥 This is now a MACD-style indicator with AI-driven bottom detection for high-probability reversals.
🔥 Much easier to read while keeping quantum-level accuracy.
🔥 Best used on 4H, 1D, and 1W timeframes for big trade setups.
🔹 Next Steps for You:
✅ Add it to TradingView and test it on 4H, 1D, and 1W charts.
✅ Use alerts so you never miss a perfect bottom reversal.
✅ Fine-tune settings if needed (adjust EMA lengths for different market conditions).
✅ Stack profits & retire early. 😎
9:25 Close LineWhich also helps identify the trend which side the stock is going this has to be included with 915 High and low
Time Classification# Time Classification Indicator
This indicator displays important time zones on your chart with customizable vertical lines and labels. It helps traders identify key market sessions and potential high-activity periods.
## Features
- **90-Minute Cycle Lines:** Highlights the important NY AM 90-minute cycles (07:53, 08:38, 09:23, 10:08)
- **Session Markers:** Clearly marks important time periods (3-4 AM, 10-11 AM, 2-3 PM)
- **Customizable Appearance:** Adjust colors and line styles for each time marker
- **Time Labels:** Optional time labels that show the exact time of each vertical line
- **Flexible Configuration:** Enable/disable different time lines based on your trading strategy
## How to Use
1. Add the indicator to your chart
2. Customize the colors and styles to match your chart theme
3. Use the time markers to identify potential market turning points or high-volatility periods
4. Adjust label settings for optimal visibility on your particular chart setup
The indicator uses your chart's timezone setting to ensure times are displayed correctly for your location.
## Trading Applications
- Identify potential reversal points that align with time-based market structures
- Plan entries and exits around known high-volatility periods
- Combine with price action strategies for enhanced trading decisions
- Track intraday cycles that may influence market movements
Perfect for day traders and swing traders who incorporate time-based analysis into their trading strategy.
StockPapiMomoThis custom indicator is a powerful all-in-one tool designed to identify trend reversals, momentum shifts, and key price zones using a combination of five technical indicators:
✅ T3EE (Triple EMA Entry/Exit Signals) – Identifies trend direction and entry/exit points.
✅ Supply & Demand Zones – Highlights strong support & resistance areas.
✅ BT Cloud (Trend Confirmation) – Uses two EMAs to visualize bullish/bearish trends.
✅ MACD (Momentum Indicator) – Confirms momentum shifts and trend strength.
✅ RSI (Overbought/Oversold Levels) – Helps detect potential price reversals.
How to Use It
This indicator is optimized for higher timeframes, providing high-probability signals while filtering out market noise. Here's how each component works:
1️⃣ T3EE Buy & Sell Signals
Buy Signal (Green Arrow) → Price crosses above the T3 moving average.
Sell Signal (Red Arrow) → Price crosses below the T3 moving average.
Best Use: Confirms trend changes and strong momentum moves.
2️⃣ Supply & Demand Zones
Supply Zone (Red Line) → High-probability resistance area where selling pressure is expected.
Demand Zone (Green Line) → High-probability support area where buying pressure is expected.
Best Use: Helps identify key price levels where reversals may occur.
3️⃣ BT Cloud for Trend Confirmation
Green Background → Bullish trend.
Red Background → Bearish trend.
Best Use: Confirms long-term trend direction and helps filter out weak signals.
4️⃣ MACD for Momentum Confirmation
Green Histogram → Positive momentum (bullish).
Red Histogram → Negative momentum (bearish).
Best Use: Confirms whether a trend is gaining or losing strength.
5️⃣ RSI for Overbought/Oversold Signals
Above 75 (Overbought, Red Line) → Potential sell zone (price may reverse downward).
Below 25 (Oversold, Green Line) → Potential buy zone (price may reverse upward).
Best Use: Filters out bad trades by ensuring you don’t buy when the market is overbought or sell when it's oversold.
Recommended Timeframes 🕒
This indicator is optimized for swing and position trading, meaning it works best on higher timeframes:
🔵 Best Timeframes to Use:
✅ 1-Day (D) 🏆 → Best for swing trades & major reversals.
✅ 1-Week (W) 🏆 → Best for long-term trend confirmation & investing.
✅ 4-Hour (4H) 🔹 → Useful for active traders looking for early signals.
🔴 Not Recommended For:
❌ 1-Min, 5-Min, 15-Min – Too much noise, less reliable.
❌ 1-Hour (1H) – Can work, but signals are stronger on 4H and above.
How to Trade with This Indicator
🚀 Bullish Setup (Buy Entry):
✔️ Price is near Demand Zone.
✔️ T3EE Buy Signal appears (Green Arrow).
✔️ BT Cloud turns green (Bullish Trend).
✔️ MACD is positive (Green Histogram).
✔️ RSI is below 30 (Oversold).
🔹 Trade Entry: Buy at confirmation candle close.
🔹 Stop Loss: Below the recent swing low or Demand Zone.
🔹 Take Profit: Next Supply Zone or previous high.
🔥 Bearish Setup (Sell Entry):
✔️ Price is near Supply Zone.
✔️ T3EE Sell Signal appears (Red Arrow).
✔️ BT Cloud turns red (Bearish Trend).
✔️ MACD is negative (Red Histogram).
✔️ RSI is above 70 (Overbought).
🔹 Trade Entry: Sell at confirmation candle close.
🔹 Stop Loss: Above the recent swing high or Supply Zone.
🔹 Take Profit: Next Demand Zone or previous low.
Conclusion
This all-in-one indicator provides high-confidence trade signals by combining trend direction, momentum confirmation, and key price levels.
📌 Use it primarily on the 1D & 1W charts for the best results.
📌 Filter entries using RSI and MACD to avoid false breakouts.
📌 Follow Supply & Demand Zones to set effective stop-loss and take-profit levels.
Would you like any modifications or additional features added? 🚀
