MK_Capital GANN FRACTAL**MK_Capital GANN Fractal Indicator**
The MK_Capital GANN Fractal indicator provides a structured and mathematical approach to identifying significant market levels. It combines the concept of GANN’s price and time relationships with a user-friendly framework that traders can easily integrate into their daily analysis. By referencing the previous day’s closing price, the indicator calculates a series of support and resistance levels, helping traders anticipate potential turning points in the market.
**Key Components and Features:**
1. **Central Line (Reference Level):**
The previous day’s close acts as the foundational pivot. This central line allows traders to quickly assess whether current price action is above or below the reference point, providing context for interpreting market momentum.
2. **Resistance and Support Levels:**
- **Resistance Lines:** Displayed above the central line, these levels are calculated based on degree inputs that the user sets. Each resistance level highlights a zone where the market may encounter selling pressure, offering a potential barrier to upward movement.
- **Support Lines:** Positioned below the central line, these levels mark areas where buying interest might emerge, potentially halting downward price movements and creating a floor.
3. **Adjustable Degree Inputs:**
Users can set custom degree values for each resistance and support level. These degree settings influence the placement of the levels, allowing for precise tuning that aligns with individual trading styles and market conditions. If certain levels are not needed, their corresponding degree input can be set to zero to remove them from the chart.
4. **Visual Customization:**
The indicator supports adjustable line colors, label text sizes, and line lengths. This ensures that traders can personalize the indicator’s appearance to improve clarity and integrate it seamlessly into their existing chart setup.
5. **Dynamic Updates:**
Each trading day, the indicator automatically recalculates its levels. This ensures that the displayed support and resistance zones remain relevant and reflective of current market conditions. Traders don’t need to manually adjust the indicator at the start of a new session, which saves time and reduces potential errors.
**How Traders Can Benefit from the Indicator:**
- **Identifying Reversal Zones:** The support and resistance lines help traders anticipate where the price might reverse. If the price approaches a resistance line and fails to break through, it could signal a reversal to the downside. Conversely, if the price tests a support line and holds, it may indicate a potential rebound.
- **Confirming Trends:** By observing how price interacts with these levels, traders can confirm existing trends or spot early signs of trend shifts. For instance, consistent breaks above resistance levels may suggest a strong upward trend, while multiple failures at a support line might indicate growing bearish momentum.
- **Refining Trade Entries and Exits:** The clear delineation of support and resistance zones makes it easier for traders to set entry points, stop-loss levels, and profit targets. This level of precision helps improve risk-reward ratios and overall trade efficiency.
**Disclaimer:**
This indicator is intended to assist in technical analysis by providing visual reference points for market activity. It is not a guaranteed predictor of market movements, and all trading decisions should be made carefully and with proper risk management in place.
**Contact Information:**
If you have questions or need further clarification, please feel free to contact the author at ruziboev_98@mail.ru.
المؤشرات والاستراتيجيات
Indiq 2.0The functionality of the indicator includes the following features:
Moving Averages (MA):
The ability to adjust periods for short (short_ma_length) and long (long_ma_length) moving averages.
Display of moving averages on the chart:
Short MA (blue line).
Long MA (red line).
Generation of buy and sell signals:
Buy (BUY): When the short MA crosses the long MA from below.
Sell (SELL): When the short MA crosses the long MA from above.
Visualization of signals on the chart:
Buy is displayed as a green BUY marker below the candle.
Sell is displayed as a red SELL marker above the candle.
Liquidity Heatmap:
Liquidity levels:
Levels are calculated based on the closing price and a step (liquidity_step).
Levels are grouped by the nearest price values.
Volumes at levels:
Volume (volume) is accumulated for each liquidity level.
Levels with a volume less than min_volume_filter are not displayed.
Time filtering:
Levels that have not been updated within the last time_filter bars are not displayed.
Volatility filtering:
Levels are filtered by volatility (ATR) to exclude those outside the volatility range.
Color gradient:
The color of levels depends on volume (gradient from gradient_start_color to gradient_end_color).
Visualization:
Liquidity levels are displayed as horizontal lines.
Volumes at levels are shown as text labels.
RSI Filtering:
The ability to enable/disable RSI filtering (rsi_filter).
Liquidity levels are filtered based on overbought (rsi_overbought) and oversold (rsi_oversold) conditions.
Levels that do not meet RSI conditions are not displayed.
MACD Filtering:
The ability to enable/disable MACD filtering (macd_filter).
Liquidity levels are filtered based on the MACD histogram condition (e.g., only if the histogram is above zero).
Levels that do not meet MACD conditions are not displayed.
Display of Market Maker Buys:
Condition for market maker buys:
Volume exceeds the average volume over the last 20 bars by 2 times.
Closing price is above the opening price.
Market maker buys are displayed on the chart as orange MM Buy markers below the candle.
Indicator Settings:
Moving average parameters:
short_ma_length: Period for the short MA.
long_ma_length: Period for the long MA.
Liquidity heatmap parameters:
liquidity_step: Step between liquidity levels.
max_levels: Maximum number of levels to display.
time_filter: Time filter (last N bars).
min_volume_filter: Minimum volume for displaying a level.
volatility_filter: Volatility filter (ATR multiplier).
RSI parameters:
rsi_filter: Enable/disable RSI filtering.
rsi_overbought: Overbought RSI level.
rsi_oversold: Oversold RSI level.
MACD parameters:
macd_filter: Enable/disable MACD filtering.
Color settings:
gradient_start_color: Starting color of the gradient.
gradient_end_color: Ending color of the gradient.
Visualization:
Moving averages:
Short MA: Blue line.
Long MA: Red line.
Signals:
Buy: Green BUY marker.
Sell: Red SELL marker.
Liquidity heatmap:
Liquidity levels: Horizontal lines with a color gradient.
Volumes: Text labels at levels.
Market maker buys:
Orange MM Buy markers.
Alerts:
The ability to set alerts for signals:
Buy (BUY).
Sell (SELL).
Additional Features:
Flexible filter settings:
Filtering by time, volume, volatility, RSI, and MACD.
Extensibility:
The ability to add new filters (e.g., Stochastic, Volume Profile, etc.).
Visual customization:
Adjustment of colors, sizes, and display styles.
Summary:
The indicator provides a comprehensive tool for analyzing liquidity, generating trading signals, and tracking market maker activity. It combines:
A liquidity heatmap.
Signals based on moving averages.
Filtering by RSI and MACD.
Display of market maker buys.
Flexible settings and visualization.
This indicator is suitable for traders who want to analyze liquidity levels, identify entry and exit points, and monitor the actions of large market players.
9 EMA, 20 EMA & Engulfing Signals Rajdeep main 4This indicator is a combination of 3 major technical aspects.
1. 9 EMA
2. 20 EMA
3. Engulfing candles
This indicator gives you signals about a strong pullback for taking trade. This strategy works well in all timeframes.
How to take trade?
1. Wait for the signal to happen.
2. Observe the candle showing signal & take trade as soon as next candle crosses High of signal candle, vice versa.
3. SL will be signal candle's low, vice versa.
4. TGT will be 1:1 considering the SL.
5. Can trail SL.
Thank You.
MA Cross CounterMS cross counter ha ha ha
longCondition = ta.crossover(shortMA, longMA)
shortCondition = ta.crossunder(shortMA, longMA)
Engulfing ve EMA SinyaliAçıklamalar:
1. Engulfing Formasyonu: Boğa yutan mum (bullish engulfing) formasyonunu tespit eder. Önceki mumun gövdesini tamamen içine alan bir yükseliş mumu gereklidir.
2. EMA Şartı: EMA 5 > EMA 8 > EMA 13 sıralaması sağlanmalıdır.
3. Alım Sinyali (Long Entry): Engulfing formasyonu ve EMA sıralaması koşulları sağlandığında, strateji long pozisyon açar.
4. Grafikte EMA’lar Gösterilir: EMA 5 (mavi), EMA 8 (yeşil) ve EMA 13 (kırmızı) olarak çizilir.
5. Sinyal Tespiti: Koşullar sağlandığında arka planı yeşil renkle vurgular.
BETA: Smart Investor - Quarterly Earnings by tarunlalwani007A powerful TradingView plugin that displays quarterly and yearly earnings data directly on your charts, with customizable moving averages across multiple timeframes.
Your feedback helps make this plugin better!
Contact Twitter: @ask4tarun or email: tarunlalwani@gmail.com
✨ Key Features
📊 Earnings Analysis
Works with both stocks AND futures contracts
Displays quarterly (FQ) and yearly (FY) financial data
Customizable metrics for each display
Compare QoQ and YoY performance with visual indicators
Position tables anywhere on your chart
📈 Multi-Timeframe Moving Averages
Automatically adapts to chart timeframe
Daily: Up to 5 customizable MAs
Weekly: Up to 4 customizable MAs
Monthly: Up to 3 customizable MAs
Choose between EMA and SMA with custom colors
🏷️ Smart Tags & Company Information
Customizable information tags for quick company insights
Display key metrics like market cap, ROE, 52-week performance
SME status indicator for small/medium enterprises
FNO and lot size information for derivatives
📑 Customizable Financial Metrics
Choose from these metrics for both quarterly and yearly tables:
Sales
EPS (Earnings Per Share)
OPM (Operating Profit Margin)
P/E Ratio
PEG Ratio
Free Float (% and value)
Market Cap
🎨 Display Options
Comparison Visualization
Dots Mode: 🟢 for growth, 🔴 for decline
Percentage Mode: Clear numerical values (+15%, -8%)
Combined Mode: Both indicators (🟢+15%, 🔴-8%)
Customizable Layout
9 different table positions available
Adjustable text size (tiny to huge)
Light and dark theme support
Display up to 8 periods of historical data
🔧 Header Information Options
Display these key company details:
Company description
Market capitalization
Free float information
Listing year
Return on Equity (ROE)
Industry/Sector classification
Performance relative to 52-week high/low
FNO status and lot size
🚀 Getting Started
Add the indicator to your chart
Configure the metrics you want to display
Position the tables where you prefer
Customize colors and display options
Adjust moving averages for your trading style
📣 We Value Your Feedback!
This is a OPEN BETA version available till we make sure this offers you the best experience out there. Your suggestions and feedback will help shape future updates.
Connect with us:
Twitter: @ask4tarun
Email: tarunlalwani@gmail.com
Candle Size Alertت وضیحات برای انتشار ابزار در TradingView
🔹 نام ابزار: Candle Size Alert
🔹 توضیحات:
این اندیکاتور برای شناسایی کندلهای بزرگ طراحی شده است. این ابزار میانگین اندازهی ۱۰ کندل گذشته را محاسبه کرده و اگر کندل فعلی ۳ برابر میانگین کندلهای قبلی باشد، یک لیبل هشدار در بالای کندل نمایش میدهد. همچنین میتوان هشدارهای معاملاتی را از طریق alertcondition() فعال کرد.
🔹 ویژگیها:
✅ امکان تغییر تعداد کندلهای محاسبه شده (پیشفرض: ۱۰)
✅ امکان تنظیم ضریب حساسیت (پیشفرض: ۳ برابر)
✅ نمایش لیبل هشدار در بالای کندلهای بزرگ
✅ پشتیبانی از هشدارهای خودکار (AlertCondition)
⚠️ نکته: این اندیکاتور فقط برای تحلیل استفاده میشود و سیگنال خرید یا فروش ارائه نمیدهد.
🔹 Indicator Name: Candle Size Alert
🔹 Description:
This indicator detects large candles by calculating the average size of the last 10 candles. If the current candle is 3 times larger than the average of the previous candles, a warning label appears above the candle. Additionally, automated alerts can be triggered using alertcondition().
🔹 Features:
✅ Adjustable candle count for calculations (default: 10)
✅ Customizable sensitivity multiplier (default: 3x)
✅ Visual alert label above large candles
✅ Supports automated alerts (AlertCondition)
⚠️ Note: This indicator is for analysis purposes only and does not provide buy/sell signals.
SMA+RSI Strategy *Gold (XAU/USD)** on the **1-hour timeframe**:
---
### **1. Core Concept of the Strategy**
This strategy combines two technical indicators to identify buy and sell signals:
- **Simple Moving Averages (SMA):** Used to determine the overall trend direction.
- **Relative Strength Index (RSI):** Used to confirm overbought and oversold conditions.
The strategy generates trading signals based on the interaction between these indicators, making it suitable for trending markets like **Gold (XAU/USD)** on the **1-hour chart**.
---
### **2. How the Strategy Works**
#### **A. Indicators Used**
1. **Simple Moving Averages (SMA):**
- Two SMAs are used: a short-term SMA (e.g., 20 periods) and a long-term SMA (e.g., 30 periods).
- A **buy signal** is generated when the short-term SMA crosses above the long-term SMA, indicating an uptrend.
- A **sell signal** is generated when the short-term SMA crosses below the long-term SMA, indicating a downtrend.
2. **Relative Strength Index (RSI):**
- RSI is used to confirm the strength of the trend.
- A **buy signal** is confirmed when RSI is above the oversold level (e.g., 25), indicating the market is not overly weak.
- A **sell signal** is confirmed when RSI is below the overbought level (e.g., 75), indicating the market is not overly strong.
#### **B. Buy and Sell Signals**
- **Buy Signal:** Triggered when:
- The short-term SMA crosses above the long-term SMA (bullish crossover).
- RSI is above the oversold level (25).
- **Sell Signal:** Triggered when:
- The short-term SMA crosses below the long-term SMA (bearish crossover).
- RSI is below the overbought level (75).
---
### **3. Trade Management**
#### **A. Take Profit**
- Users can set a target profit percentage (e.g., 2%) to automatically close trades when reached.
- There is an option to enable or disable take profit.
- If "Half Position Take Profit" is enabled, only half of the position will be closed when the target is reached, allowing the other half to remain open for potential further gains.
#### **B. Closing Trades**
- Trades are fully closed when a new sell signal is generated.
- If take profit is disabled, the trade will remain open until a sell signal occurs.
---
### **4. Visualization on the Chart**
- The short-term and long-term SMAs are plotted on the chart to highlight crossovers.
- Candlestick colors change based on market conditions:
- **Green Candles:** Indicate a buy signal.
- **Red Candles:** Indicate a sell signal.
---
### **5. Advantages and Benefits**
- **Simplicity:** The strategy uses two widely understood indicators, making it easy to implement.
- **Risk Management:** Offers advanced features like take profit and partial position closing to enhance trade management.
- **Customizability:** Users can adjust settings (e.g., SMA periods, RSI levels) to suit their trading style.
---
### **6. Key Considerations**
- **Sideways Markets:** The strategy may generate false signals during ranging or sideways markets, leading to unprofitable trades.
- **Parameter Tuning:** Optimal settings for SMAs and RSI levels should be chosen based on the behavior of **Gold (XAU/USD)** on the **1-hour chart**.
- **Indicator Dependency:** The strategy relies solely on technical indicators, so combining it with fundamental analysis or price action patterns could improve results.
---
### **7. Confirmation for Gold (XAU/USD) on 1-Hour Timeframe**
This strategy has been tested and confirmed to work effectively for **Gold (XAU/USD)** on the **1-hour timeframe**. Gold often exhibits strong trending behavior, making it well-suited for SMA-based strategies. Additionally:
- The **1-hour chart** provides enough data to capture medium-term trends while avoiding excessive noise from shorter timeframes.
- The combination of SMAs and RSI helps filter out false signals, which is crucial for volatile assets like Gold.
---
### **Conclusion**
This strategy offers a straightforward and effective way to trade **Gold (XAU/USD)** on the **1-hour timeframe** using SMAs and RSI. By incorporating risk management tools like take profit and partial position closing, it ensures disciplined trading while capitalizing on trending movements in the Gold market.
**Final Note:** Always backtest the strategy on historical data and use proper risk management before applying it in live trading.
TrendPredator PROThe TrendPredator PRO
Stacey Burke, a seasoned trader and mentor, developed his trading system over the years, drawing insights from influential figures such as George Douglas Taylor, Tony Crabel, Steve Mauro, and Robert Schabacker. His popular system integrates select concepts from these experts into a consistent framework. While powerful, it remains highly discretionary, requiring significant real-time analysis, which can be challenging for novice traders.
The TrendPredator indicators support this approach by automating the essential analysis required to trade the system effectively and incorporating mechanical bias and a multi-timeframe concept. They provide value to traders by significantly reducing the time needed for session preparation, offering all relevant chart analysis and signals for live trading in real-time.
The PRO version offers an advanced pattern identification logic that highlights developing context as well as setups related to the constellation of the signals provided. It provides real-time interpretation of the multi-timeframe analysis table, following an extensive underlying logic with more than 150 different setup variations specifically developed for the system and indicator. These setups are constantly back- and forward-tested and updated according to the results. This version is tailored to traders primarily trading this system and following the related setups in detail.
The former TrendPredator ES version does not provide that option. It is significantly leaner and is designed for traders who want to use the multi-timeframe logic as additional confluence for their trading style. It is very well suited to support many other trading styles, including SMC and ICT.
The Multi-timeframe Master Pattern
Inspired by Taylor’s 3-day cycle and Steve Mauro’s work with “Beat the Market Maker,” Burke’s system views markets as cyclical, driven by the manipulative patterns of market makers. These patterns often trap traders at the extremes of moves above or below significant levels with peak formations, then reverse to utilize their liquidity, initiating the next phase. Breakouts away from these traps often lead to range expansions, as described by Tony Crabel and Robert Schabacker. After multiple consecutive breakouts, especially after the psychological number three, overextension might develop. A break in structure may then lead to reversals or pullbacks. The TrendPredator Indicator and the related multi-timeframe trading system are designed to track these cycles on the daily timeframe and provide signals and trade setups to navigate them.
Bias Logic and Multi-Timeframe Concept
The indicator covers the basic signals of Stacey Burke's system:
- First Red Day (FRD): Bearish break in structure, signalling weak longs in the market.
- First Green Day (FGD): Bullish break in structure signalling weak shorts in the markt.
- Three Days of Longs (3DL): Overextension signalling potential weak longs in the market.
- Three Days of Shorts (3DS): Overextension signalling potential weak shorts in the market.
- Inside Day (ID): Contraction, signalling potential impulsive reversal or range expansion move.
It enhances the original system by introducing:
Structured Bias Logic:
Tracks bias by following how price trades concerning the last previous candle high or low that was hit. For example if the high was hit, we are bullish above and bearish below.
- Bullish state: Breakout (BO), Fakeout Low (FOL)
- Bearish state: Breakdown (BD), Fakeout High (FOH)
Multi-Timeframe Perspective:
- Tracks all signals across H4, H8, D, W, and M timeframes, to look for alignment and follow trends and momentum in a mechanical way.
Developing Context:
- Identifies specific predefined context states based on the monthly, weekly and daily bias.
Developing Setups:
- Identifies specific predefined setups based on context and H8 bias as well as SB signals.
The indicator monitors the bias and signals of the system across all relevant timeframes and automates the related graphical chart analysis as well as context and setup zone identification. In addition to the master pattern, the system helps to identify the higher timeframe situation and follow the moves driven by other timeframe traders to then identify favourable context and setup situations for the trader.
Example: Full Bullish Cycle on the Daily Timeframe with Multi-Timeframe Signals
- The Trap/Peak Formation
The market breaks down from a previous day’s and maybe week’s low—potentially after multiple breakdowns—but fails to move lower and pulls back up to form a peak formation low and closes as a first green day.
MTF Signals: Bullish daily and weekly fakeout low; three consecutive breakdown days (1W Curr FOL, 1D Curr FOL, BO 3S).
Context: Reversal (REV)
Setup: Fakeout low continuation low of day (FOL Cont LOD)
- Pullback and Consolidation
The next day pulls further up after first green day signal, potentially consolidates inside the previous day’s range.
MTF Signals: Fakeout low and first green day closing as an inside day (1D Curr IS, Prev FOL, First G).
Context: Reversal continuation (REV Cont)
Setup: Previous fakeout low continuation low handing fruit (Prev FOL Cont LHF)
- Range Expansion/Trend
The following day breaks up through the previous day’s high, launching a range expansion away from the trap.
MTF Signals: Bullish daily breakout of an inside day (1D Curr BO, Prev IS).
Context: Uptrend healthy (UT)
Setup: Breakout continuation low hanging fruit (BO Cont LHF)
- Overextension
After multiple consecutive breakouts, the market reaches a state of overextension, signalling a possible reversal or pullback.
MTF Signals: Three days of breakout longs (1D Curr BO, Prev BO, BO 3L).
Context: Uptrend extended (UT)
- Reversal
After a breakout of previous days high that fails, price pulls away from the high showing a rollover of momentum across all timeframes and a potential short setup.
MTF Signals: Three days of breakout longs, daily fakeout high (1D 3L, FOH)
Context: Reversal countertrend (REV)
Setup: Fakeout high continuation high of day (FOH Cont HOD)
Note: This is only one possible illustrative scenario; there are many variations and combinations.
Example Chart: Full Bullish Cycle with Correlated Signals
Multi-Timeframe Signals examples:
Context and Setups examples:
Note: The signals shown along the move are manually added illustrations. The indicator shows these in realtime in the table at top and bottom right. This is only one possible scenario; there are many variations and combinations.
Due to the fractal nature of markets, this cycle can be observed across all timeframes. The strongest setups occur when there is multi-timeframe alignment. For example, a peak formation and potential reversal on the daily timeframe have higher probability and follow-through when they align with bearish signals on higher timeframes (e.g., weekly/monthly BD/FOH) and confirmation on lower timeframes (H4/H8 FOH/BD). With this perspective, the system enables the trader to follow the trend and momentum while identifying rollover points in a highly differentiated and precise way.
Using the Indicator for Trading
The automated analysis provided by the indicator can be used for thesis generation in preparation for a session as well as for live trading, leveraging the real-time updates as well as the context and setup indicated or alerted. It is recommended to customize the settings deeply, such as hiding the lower timeframes for thesis generation or the specific alert time window and settings to the specific trading schedule and playbook of the trader.
1. Context Assessment:
Evaluate alignment of higher timeframes (e.g., Month/Week, Week/Day). More alignment → Stronger setups.
- The context table offers an interpretation of the higher timeframe automatically. See below for further details.
2. Setup Identification:
Follow the bias of daily and H8 timeframes. A setup mostly requires alignment of these.
Setup Types:
- Trend Trade: Trade in alignment with the previous day’s trend.
Example: Price above the previous day’s high → Focus on long setups (dBO, H8 FOL) until overextension or reversal signs appear (H8 BO 3L, First R).
- Reversal Trade: Identify reversal setups when lower timeframes show rollovers after higher timeframe weakness.
Example: Price below the previous day’s high → Look for reversal signals at the current high of day (H8 FOH, BO 3L, First R).
- The setup table shows potential setups for the specific price zone in the table automatically. See below for further details.
3. Entry Confirmation:
Confirm entries based on H8 and H4 alignment, candle closes and lower timeframe fakeouts.
- H8 and H4 should always align for a final confirmation, meaning the breach lines should be both in the back of a potential trade setup.
- M15/ 5 candle close can be seen as acceptance beyond a level or within the setup zone.
- M15/5 FOH/ FOL signals lower timeframe traps potentially indicating further confirmation.
Example Chart Reversal Trade:
Context: REV (yellow), Reversal counter trend, Month in FOL with bearish First R, Week in BO but bearishly overextended with BO 3L, Day in Fakeout high reversing bearishly.
Setup: FOH Cont HOD (red), Day in Fakeout high after BO 3L overextension, confirmed by H8 FOH high of day, First R as further confluence. Two star quality and countertrend.
Entry: H4 BD, M15 close below followed by M15 FOH.
Detailed Features and Options
1. Context and Setup table
The Context and Setup Table is the core feature of the TrendPredator PRO indicator. It delivers real-time interpretation of the multi-timeframe analysis based on an extensive underlying logic table with over 150 variations, specifically developed for this system and indicator. This logic is continuously updated and optimized to ensure accuracy and performance.
1.1. Developing Context
States for developing higher timeframe context are determined based on signals from the monthly, weekly, and daily timeframes.
- Green and Red indicate alignment and potentially interesting developing setups.
- Yellow signals a mixed or conflicting bias, suggesting caution when taking trades.
The specific states are:
- UT (yellow): Uptrend extended
- UT (green): Uptrend healthy
- REV (yellow): Reversal day counter trend
- REV (green): Reversal day mixed trend
- REV Cont (green): Reversal continuation mixed trend
- REV Cont (yellow): Reversal continuation counter trend
- REV into UT (green): Reversal day into uptrend
- REV Cont into UT (green): Reversal continuation into uptrend
- UT Pullback (yellow): Counter uptrend breakdown day
- Conflicting (yellow): Conflicting signals
- Consolidating (yellow): Consolidating sideways
- Inside (yellow): Trading inside after an inside week
- DT Pullback (yellow): Counter downtrend breakout day
- REV Cont into DT (red): Reversal continuation into downtrend
- REV into DT (red): Reversal day into downtrend
- REV Cont (yellow): Reversal continuation counter trend
- REV Cont (red): Reversal continuation mixed trend
- REV (red): Reversal day mixed trend
- REV (yellow): Reversal day countertrend
- DT (red): Downtrend healthy
- DT (yellow): Downtrend extended
Example: Uptrend
The Uptrend Context (UT, green) indicates a healthy uptrend with all timeframes aligning bullishly. In this case, the monthly is in a Fakeout Low (FOL) and currently inside the range, while the weekly and daily are both in Breakout (BO) states. This context is favorable for developing long setups in the direction of the trend.
Example: Uptrend pullback
The Uptrend Pullback Context (UT Pullback, yellow) indicates a Breakdown (BD) on the daily timeframe against a higher timeframe uptrend. In this case, the monthly is in a Fakeout Low (FOL) and currently inside its range, the weekly is in Breakout (BO) and also currently inside, while the daily is in Breakdown (BD). This context reflects a conflicting situation—potentially signaling either an early reversal back into the uptrend or, if the breakdown extends, the beginning of a possible trend change.
Example: Reversal into Uptrend
The Reversal into Uptrend Context (REV into UT, green) indicates a lower timeframe reversal aligning with a higher timeframe uptrend. In this case, the monthly is in Breakout (BO), the weekly is in Breakout (BO) and currently inside its range, while the daily is showing a bullish Fakeout Low (FOL) reversal. This context is potentially very favorable for long setups, as it signals a strong continuation of the uptrend supported across multiple timeframes.
Example: Reversal
The Bearish Reversal Context indicates a lower timeframe rollover within an ongoing higher timeframe uptrend. In this case, the monthly remains in Breakout (BO), the weekly has shifted into a Fakeout High (FOH) after three weeks of breakout longs, and the daily is already in Breakdown (BD). This context suggests a potentially favorable developing short setup, as early signs of weakness appear across timeframes.
1.2. Developing Setup
The states for specific setups are based on the context and the signals from the daily timeframe and H8, indicating that price is in the zone of alignment. The setup description refers to the state of the daily timeframe, while the suffix relates to the H8 timeframe. For example, "prev FOH Cont LHF" means that the previous day is in FOH (Fakeout High) relative to yesterday's breakout level, currently trading inside, and we are in an H8 breakdown, indicating a potential LHF (Lower High Formation) short trade if the entry confirms. The suffix HOD means that H8 is in FOH or BO (Breakout).
The specific states are:
- REV HOD (red): Reversal high of day
- REV Cont LHF (red): Reversal continuation low hanging fruit
- BO Cont LHF (green): Breakout continuation low hanging fruit
- BO Cont LOD (green): Breakout continuation low of day
- FOH Cont HOD (red): Fakeout high continuation high of day
- FOH Cont LHF ((red): Fakeout high continuation low hanging fruit
- prev BD Cont HOD (red): Previous breakdown continuation high of day
- prev BD Cont LHF (red): Previous breakdown continuation low hanging fruit
- prev FOH Cont HOD (red): Previous fakeout high continuation high of day
- prev FOH Cont LHF (red): Previous fakeout high continuation low hanging fruit
- prev FOL Cont LOD (green): Previous fakeout low continuation low of day
- prev FOL Cont LHF (green): Previous fakeout low continuation low hanging fruit
- prev BO Cont LOD (green): Previous breakout continuation low of day
- prev BO Cont LHF (green): Previous breakout continuation low hanging fruit
- FOL Cont LHF (green): Fakeout low continuation low hanging fruit
- FOL Cont LOD (green): Fakeout low continuation low of day
- BD Cont LHF (red): BD continuation low hanging fruit
- BD Cont LOD (red): Breakdown continuation low of day
- REV Cont LHF (green): Reversal continuation low hanging fruit
- REV LOD (green): Reversal low of day
- Inside: Trading inside after an inside day
Type: Indicates the situation of the indicated setup concerning:
- Trend: Following higher timeframe trend
- Mixed: Mixed higher timeframe signals
- Counter: Against higher timeframe bias
Quality: Indicates the quality of the indicated setup according to the specified logic table
No star: Very low quality
* One star: Low quality
** Two star: Medium quality
*** Three star: High quality
Example: Breakout Continuation Trend Setup
This setup highlights a healthy uptrend where the month is in a breakout, the week is in a fakeout low, and the day is in a breakout after a first green day. As the H8 breaks out to the upside, a long setup zone is triggered, presenting a breakout continuation low-hanging fruit trade. This is a trend trade in an overextended situation on the H8, with an H8 3L, resulting in an overall quality rating of one star.
Example: Fakeout Low Continuation Trend Setup
This setup shows a reversal into uptrend, with the month in a breakout, the week in a breakout, and the day in a fakeout low after breaking down the previous day and now reversing back up. As H8 breaks out to the upside, a long setup zone is triggered, presenting a previous fakeout low continuation, low-hanging fruit trade. This is a medium-quality trend trade.
Example: Reversal Setup - Mixed Trend
This setup shows a reversal setup in line with the weekly trend, with the month in a fakeout low, the week in a fakeout high, and the day in a fakeout high after breaking out earlier in the day and now reversing back down. As H8 loses the previous breakout level after 3 breakouts (with H8 3L), a short setup zone is triggered, presenting a fakeout high continuation at the high of the day. This is a high-quality trade in a mixed trend situation.
Setup Alerts:
Alerts can be activated for setups freshly triggered on the chart within your trading window.
Detailed filter logic for setup alerts:
- Setup quality: 1-3 star
- Setup type: Counter, Mixed and Trend
- Setup category: e.g. Reversal Bearish, Breakout, Previous Fakeout High
- 1D BO and First signals: 3DS, 3DL, FRD, FGD, ID
Options:
- Alerts on/ off
- Alert time window (from/ to)
- Alert filter customization
Note: To activate alerts from a script in TradingView, some settings need to be adjusted. Open the "Create Alert" dialog and select the option "Any alert() function call" in the "Condition" section. Choose "TrendPredator PRO" to ensure that alerts trigger properly from the code. Alerts can be activated for entire watchlists or individual pairs. Once activated, the alerts run in the background and notify the user whenever a setup is freshly triggered according to the filter settings.
2. Multi-Timeframe Table
Provides a real-time view of system signals, including:
Current Timeframe (Curr): Bias states.
- Breakout (green BO): Bullish after breaking above the previous high.
- Fakeout High (red FOH): Bearish after breaking above the previous high but pulling back down.
- Breakdown (red BD): Bearish after breaking below the previous low.
- Fakeout Low (green FOL): Bullish after breaking below the previous low but pulling back up.
- Inside (IS): Price trading neutral inside the previous range, taking the previous bias (color indicates the previous bias).
Previous Timeframe (Prev): Tracks last candle bias state and transitions dynamically.
- Bias for last candle: BO, FOH, BD, FOL in respective colors.
- Inside bar (yellow IS): Indicated as standalone signal.
Note: Also previous timeframes get constantly updated in real time to track the bias state in relation to the level that was hit. This means a BO can still lose the level and become a FOH, and vice versa, and a BD can still become a FOL, and vice versa. This is critical to see for example if traders that are trapped in that timeframe with a FOH or FOL are released. An inside bar stays fixed, though, since no level was hit in that timeframe.
Breakouts (BO): Breakout count 3 longs and 3 shorts.
- 3 Longs (red 3L): Bearish after three breakouts without hitting a previous low.
- 3 Shorts (green 3S): Bullish after three breakdowns without hitting a previous high.
First Countertrend Close (First): Tracks First Red or Green Day.
- First Green (G): After two consecutive red closes.
- First Red (R): After two consecutive green closes.
Options: Customizable font size and label colors.
3. Historic Highs and Lows
Displays historic highs and lows per timeframe for added context, enabling users to track sequences over time.
Timeframes: H4, H8, D, W, M
Options: Customize for timeframes shown, number of historic candles per timeframe, colors, formats, and labels.
4. Previous High and Low Extensions
Displays extended previous levels (high, low, and close) for each timeframe to assess how price trades relative to these levels.
H4: P4H, P4L, P4C
H8: P8H, P8L, P8C
Daily: PDH, PDL, PDC
Weekly: PWH, PWL, PWC
Monthly: PMH, PML, PMC
Options: Fully customizable for timeframes shown, colors, formats, and labels.
5. Breach Lines
Tracks live market reactions (e.g., breakouts or fakeouts) per timeframe for the last previous high or low that was hit, highlighting these levels originating at the breached candle to indicate bias (color-coded).
Red: Bearish below
Green: Bullish above
H4: 4FOL, 4FOH, 4BO, 4BD
H8: 8FOL, 8FOH, 8BO, 8BD
D: dFOL, dFOH, dBO, dBD
W: wFOL, wFOH, wBO, wBD
M: mFOL, mFOH, mBO, mBD
Options: Fully customizable for timeframes shown, colors, formats, and labels.
Overall Options:
Toggle single feature groups on/off.
Customize H8 open/close time as an offset to UTC to be provider independent.
Colour settings con be adjusted for dark or bright backgrounds.
Higher Timeframe Use Case Examples
Example Use Case: Weekly Template Analysis
The Weekly Template is a core concept in Stacey Burke’s trading style. The analysis is conducted on the daily timeframe, focusing on the higher timeframe bias and identifying overextended conditions within the week—such as multiple breakouts and peak formations signaling potential reversals.
In this example, the candles are colored by the TrendPredator FO indicator, which highlights the state of individual candles. This allows for precise evaluation of both the trend state and the developing weekly template. It is a valuable tool for thesis generation before a trading session and for backtesting purposes.
Example Use Case: High Timeframe 5-Star Setup Analysis (Stacey Burke "ain't coming back" ACB Template)
This analysis identifies high-probability trade opportunities when daily breakout or breakdown closes occur near key monthly levels mid-week, signaling overextensions and potentially large parabolic moves. The key signal to look for is a breakout or breakdown close on a Wednesday. This is useful for thesis generation before a session and also for backtesting.
In this example, the TrendPredator FO indicator colors the candles to highlight individual candle states, particularly those that close in breakout or breakdown. Additionally, an indicator is shown on the chart shading every Wednesday, making it easier to visually identify the signals.
5 Star Alerts:
Alerts can be activated for this potential 5-Star setup constellation. The alert is triggered when there is a breakout or breakdown close on a Wednesday.
Further recommendations:
- Higher timeframe context: TPO or volume profile indicators can be used to gain an even better overview.
- Late session trading: Entries later in the session, such as during the 3rd hour of the NY session, offer better analysis and follow-through on setups.
- Entry confirmation: Momentum indicators like VWAP, Supertrend, or EMA are helpful for increasing precision. Additionally, tracking lower timeframe fakeouts can provide powerful confluence. To track those the TrendPredator Fakeout Highlighter (FO), that has been specifically developed for this can be of great help:
Limitations:
Data availability using TradingView has its limitations. The indicator leverages only the real-time data available for the specific timeframe being used. This means it cannot access data from timeframes lower than the one displayed on the chart. For example, if you are on a daily chart, it cannot use H8 data. Additionally, on very low timeframes, the historical availability of data might be limited, making higher timeframe signals unreliable.
To address this, the indicator automatically hides the affected columns in these specific situations, preventing false signals.
Disclaimer
This indicator is for educational purposes only and does not guarantee profits.
None of the information provided shall be considered financial advice.
The indicator does not provide final buy or sell signals but highlights zones for potential setups.
Users are fully responsible for their trading decisions and outcomes.
Smart MA CrossoverSmart MA Crossover Indicator
This custom indicator helps traders identify key buy and sell signals based on the crossover of price and a customizable moving average (MA). It combines trend direction, momentum, and volume to provide accurate entry signals with dynamic visual cues.
Features:
- Customizable Moving Average (MA): Choose from various MA types such as SMA, EMA, HMA, and more.
- Buy & Sell Signals: Signals are generated based on strong trend momentum and volume, with the addition of crossovers from a moving average.
- Background Coloring: The chart background turns green when in an uptrend and red during a downtrend, offering a quick visual guide to market conditions.
- Volume Confirmation: Signals are validated with volume filters to ensure strong market participation.
- Alerts: Set alerts for buy and sell signals to receive real-time notifications.
How It Works:
Buy Signal: Triggered when the price is above the selected MA, with bullish momentum (closing more than 0.5% higher than the open), and accompanied by a volume spike.
Sell Signal: Triggered when the price is below the selected MA, with bearish momentum (closing more than 0.5% lower than the open), and a corresponding volume surge.
CJ-TriggerThis indicator is an ATR-based breakout scalping indicator designed for use during the first hour after the London and US market opens, on the 15-minute chart. Backtested on the German 40 and NAS, it highlights potential breakout opportunities by utilizing key technical conditions to identify momentum shifts and trend direction. This indicator is versatile and should work well for Forex and other indices, helping traders capture quick moves during high-volatility periods.
CJ-TriggerThis indicator is an ATR-based breakout scalping indicator designed for use during the first hour after the London and US market opens, on the 15-minute chart. Backtested on the German 40 and NAS, it highlights potential breakout opportunities by utilizing key technical conditions to identify momentum shifts and trend direction. This indicator is versatile and should work well for Forex and other indices, helping traders capture quick moves during high-volatility periods.