Ultimate Smart Trading Pro SMC And ZIG ZAG with LiquidityThis indicator is completely free! 🆓 If it helps you in your trading and you find it useful, you can support me voluntarily. 🙌 Even a small contribution means a lot to me! 💙 You can support me directly via Binance Pay (ID: 781631726) . Your love and encouragement are my biggest motivation! 🚀 Thank you! 💡📈
Ultimate Smart Trading Pro SMC + Zig Zag with Liquidity: User Guide & Strategy
This advanced TradingView indicator combines Smart Money Concepts (SMC), Zig Zag channels, liquidity zones, and order block analysis to identify high-probability trading opportunities. Below is a breakdown of its features and how to use it effectively.
🛠️ Key Features & Parameters
Zig Zag Channels
Purpose: Identifies swing highs/lows and projects trend channels.
Settings:
Zig Zag Length: Adjust sensitivity (default: 100 bars).
Extend To Last Bar: Extends channels to the current bar.
Show Extremities/Labels: Toggles dotted lines and price labels.
Colors: Customize upper/middle/lower channel colors.
Smart Money Concepts (SMC)
Components:
Break of Structure (BOS): Trend acceleration signals.
Change of Character (CHoCH): Early trend reversal signals.
Order Blocks: Zones where institutions placed orders.
Fair Value Gaps (FVG): Imbalances between buyer/seller aggression.
Settings:
Mode: Show historical or real-time structure.
Style: Colored or monochrome theme.
Order Block Filter: Uses ATR or cumulative range to filter noise.
Liquidity Zones
Purpose: Highlights areas where stop losses cluster (buyside/sellside liquidity).
Settings:
Detection Length: Sensitivity for liquidity clusters (default: 7).
Margin: Adjusts zone width relative to ATR.
Visible Levels: Number of zones displayed.
Multi-Timeframe Levels
Plots key daily/weekly/monthly support/resistance levels.
📈 How to Interpret Signals
Zig Zag Channels
Upper/Lower Channels: Act as dynamic support/resistance.
Channel Breakout: A close outside the channel suggests trend strength.
SMC Signals
BOS (Bullish/Bearish):
Bullish BOS: Price breaks above a swing high in an uptrend.
Bearish BOS: Price breaks below a swing low in a downtrend.
CHOCH:
Signals trend exhaustion (e.g., a bullish CHOCH forms when price breaks a swing low in an uptrend).
Order Blocks:
Bullish OB: A candle with a strong close near the high (react to dips into these zones).
Bearish OB: A candle with a strong close near the low (watch for rejections).
Liquidity Zones
Buyside Liquidity (Green): Clusters of buy stops above swing highs.
Sellside Liquidity (Red): Clusters of sell stops below swing lows.
Price often "sweeps" liquidity before reversing.
Fair Value Gaps (FVG)
Bullish FVG: Gap between prior high and current low (buy dips into this zone).
Bearish FVG: Gap between prior low and current high (sell rallies into this zone).
💡 Best Practices & Strategy
Trend Confirmation
Use Zig Zag channels to identify the broader trend.
Trade BOS/CHOCH signals in the direction of the trend.
Liquidity Sweeps
Look for price to sweep a liquidity zone (e.g., above a swing high) and reverse with a CHOCH or OB reaction.
Example:
Price sweeps sellside liquidity (red zone), forms a bearish OB, then reverses downward.
Order Block Confluence
Enter trades when price retests an order block aligned with a FVG or liquidity zone.
Place stops below/above the OB for risk management.
Multi-Timeframe Analysis
Use daily/weekly levels with SMC signals for high-probability setups.
A bullish BOS on the 1-hour chart that aligns with a weekly support level is a strong signal.
⚠️ Risk Management
Always use stop losses (place them beyond liquidity zones or order blocks).
Avoid overtrading: Wait for confluence between Zig Zag, SMC, and liquidity.
Backtest strategies on historical data to refine parameters.
📝 Example Trade Setup
Signal: Price sweeps sellside liquidity, forms a bearish CHOCH, and rejects a swing order block.
Entry: Short on retest of the bearish OB.
Stop Loss: Above the recent swing high.
Target: Projection based on Zig Zag channel or prior liquidity zone.
🔗 Final Notes
This indicator is ideal for traders familiar with institutional concepts. Combine it with volume analysis for higher accuracy. Always validate signals with price action and macroeconomic context.
Note: This tool is for educational purposes. Past performance does not guarantee future results.
This indicator is completely free! 🆓 If it helps you in your trading and you find it useful, you can support me voluntarily. 🙌 Even a small contribution means a lot to me! 💙 You can support me directly via Binance Pay (ID: 781631726) . Your love and encouragement are my biggest motivation! 🚀 Thank you! 💡📈
المؤشرات والاستراتيجيات
Overextension Oscillator [by DanielM]The Overextension Oscillator is an indicator that detects when a market move has extended significantly beyond its typical range, signaling potential areas for a correction or reversal. Unlike traditional oscillators that rely on fixed overbought/oversold levels, this tool dynamically adjusts its thresholds based on historical swing high and swing low movements.
By analyzing all swing points on the chart, the indicator determines the expected range of price movements and identifies when the price extends beyond normal levels. Since every asset has different price behavior and volatility, swing lengths may vary from asset to asset, ensuring that overextension is measured relative to each market's historical price behavior.
How It Works
1️⃣ Swing Detection & Data Collection
The indicator scans all available swing highs and swing lows on the chart to gather a complete dataset of past price fluctuations.
It records the percentage differences between swings to determine how much price typically moves in a given market.
2️⃣ Overextension Calculation
Using the stored swing data, the indicator calculates:
Average Swing Difference – Measures the average percentage difference between swings.
Average Move Percentage – Determines the typical magnitude of price moves within a trend cycle.
These values are used to create dynamic overextension thresholds that adjust based on historical data.
3️⃣ Price Distance & Overextension Measurement
The indicator calculates the distance between the current price and the closest historical swing point. If this distance exceeds the predefined threshold based on past swings, the move is considered overextended. The greater the deviation, the higher the probability of a pullback or short-term reversal.
4️⃣ Buy/Sell Signal Generation
A Buy signal is generated when the price has dropped below an overextended threshold relative to a past swing low.
A Sell signal is generated when the price has risen beyond an overextended threshold relative to a past swing high.
These signals indicate that the price has reached a level where it historically tends to slow down or reverse.
[COG] WeatherForecaster🌤️ Just like a weather forecast that adjusts as new data emerges, this TMA Pivot Points Forecaster adapts to evolving market conditions!
Description:
This indicator combines the power of a Triple Moving Average (TMA) with pivot point analysis to identify potential market turning points and trend directions. Like a meteorologist using various atmospheric data to predict weather patterns, this tool analyzes price action through multiple lenses to forecast potential market movements.
Key Features:
- Dynamic TMA Line: Acts as our "atmospheric pressure system," showing the underlying market direction
- Adaptive Pivot Points: Like weather stations, these pivots identify key market levels where the "climate" might change
- Smart Entry Signals: ☀️ and 🌧️ icons appear when conditions align for potential trades
- Timeframe-Adaptive: Automatically adjusts sensitivity across different timeframes
- Customizable Visuals: Adjust colors and styles to match your trading environment
Settings Include:
✓ TMA Length and Slope Sensitivity
✓ Pivot Point Parameters
✓ Visual Customization Options
✓ Toggle Entry Signals
✓ Toggle Pivot Lines
Note: Like weather forecasts that update with new data, this indicator recalculates as market conditions evolve. Past signals may adjust as more price action develops. Always use proper risk management and combine with other analysis tools.
Usage Guide:
The indicator works best when used as part of a complete trading system. Here's how to interpret the signals:
📈 Bullish Conditions:
- TMA Line turns green: Indicates upward momentum
- "Buy above 🌋" level appears: Potential resistance turned support level
- ☀️ Signal: Indicates favorable buying conditions
📉 Bearish Conditions:
- TMA Line turns red: Indicates downward momentum
- "Sell below 🌋" level appears: Potential support turned resistance level
- 🌧️ Signal: Indicates favorable selling conditions
⏺️ Ranging Conditions:
- TMA Line turns yellow: Market in consolidation
- 💤 Signal: Suggests waiting for clearer direction
Best Practices:
1. Higher timeframes (4H, Daily) tend to produce more reliable signals
2. Use the pivot lines as potential entry/exit reference points
3. Adjust the TMA length based on your trading style:
• Shorter lengths (20-30) for more active trading
• Longer lengths (50-60) for trend following
Settings Explained:
TMA Settings:
- TMA Length: Determines the smoothing period (default: 30)
- Slope Threshold: Controls trend sensitivity (default: 0.015)
Pivot Settings:
- Left/Right Bars: Controls pivot point calculation
- Line Length: Adjusts the visual length of pivot lines
- Line Style & Colors: Customize the visual appearance
Disclaimer:
Past performance does not guarantee future results. This indicator, like any technical tool, provides possibilities rather than certainties. Please test thoroughly on your preferred timeframes and markets before using with real capital.
SMT Divergence [TakingProphets]The SMT (Smart Money Technique) Divergence indicator identifies potential market manipulation and smart money footprints by comparing price action between correlated instruments. It uses a dual-detection system to catch both frequent local SMTs and larger structural SMTs:
• Primary detection uses a shorter lookback period (default 5) to identify common SMT patterns
• Secondary detection uses a longer lookback period (default 8) to catch larger structural SMTs
• Automatically filters significant moves to prevent noise
• Labels are placed clearly outside of price action for better visibility
• Toggle between showing all SMTs or only significant liquidity sweeps
Compare any two instruments to spot divergences in their price action. Particularly useful for:
- Futures vs Spot markets
- Related currency pairs
- Index vs its components
- Any correlated instruments
Default settings are optimized for intraday trading but can be adjusted for different timeframes.
Note: This indicator works best when comparing closely correlated instruments and should be used alongside other technical analysis tools.
Wagmi Lab- Bitcoin H4 Buy Sell Signals This indicator, designed primarily for Bitcoin on the H4 timeframe, is a versatile tool that can also be applied to other assets and timeframes by adjusting its parameters. It combines Exponential Moving Averages (EMAs), MACD (Moving Average Convergence Divergence), and a crossover filtering mechanism to generate reliable buy and sell signals. The indicator is ideal for traders looking to identify trend direction and potential entry/exit points with added precision.
Key Features:
Customizable EMAs and MACD:
Fast EMA (default: 12): Tracks short-term price momentum.
Slow EMA (default: 26): Tracks long-term price momentum.
Signal SMA (default: 9): Smooths the MACD line to generate the signal line.
MACD Crossover Signals:
The indicator calculates the MACD line and signal line to identify potential buy and sell opportunities.
Buy signals are generated when the MACD line crosses above the signal line, indicating bullish momentum.
Sell signals are generated when the MACD line crosses below the signal line, indicating bearish momentum.
Crossover Strength Filter:
A minimum crossover distance percentage (default: 0.1%) ensures that only significant crossovers are considered, reducing false signals.
This filter helps traders avoid weak or insignificant crossovers that may not lead to strong price movements.
Trend Visualization:
The indicator highlights the trend direction by filling the area between the fast and slow EMAs with colors:
Green: Uptrend (MACD > Signal Line).
Red: Downtrend (MACD < Signal Line).
Buy/Sell Signal Markers:
Buy signals are marked with green circles below the price bars.
Sell signals are marked with red circles above the price bars.
These markers provide clear visual cues for potential entry and exit points.
Adaptable to Other Timeframes and Assets:
While optimized for the H4 timeframe, the indicator can be adjusted for other timeframes (e.g., M15, H1, D1) by modifying the EMA and SMA settings.
It can also be applied to other assets, such as stocks, forex, or commodities, by tweaking the parameters to suit the asset's volatility and characteristics.
How to Use:
Identify Trends:
Use the colored areas (green for uptrend, red for downtrend) to determine the overall market direction.
Wait for Confirmation:
Look for buy or sell signals (green or red circles) that align with the trend direction.
Ensure the crossover meets the minimum distance requirement to filter out weak signals.
Enter and Exit Trades:
Enter a long position when a buy signal appears during an uptrend.
Enter a short position or exit a long position when a sell signal appears during a downtrend.
Adjust Settings for Other Timeframes/Assets:
Experiment with the EMA and SMA periods to optimize the indicator for different timeframes or assets.
Why Use This Indicator?
Precision: The crossover strength filter reduces noise and false signals.
Versatility: Works across multiple timeframes and assets with customizable settings.
Visual Clarity: Clear trend visualization and signal markers make it easy to interpret.
This indicator is a powerful tool for traders seeking to capitalize on Bitcoin's volatility or other assets' price movements, providing a structured approach to identifying trends and potential trading opportunities.
MERSAT-1 by Dr Abiram SivprasadDescription
MERSAT is a sophisticated and versatile TradingView indicator designed to help traders identify key market trends, liquidity zones, and potential reversal points. Developed by Dr. Abiram Sivprasad, this indicator combines advanced calculations like the Saturn (Variable Index Dynamic Average), Average True Range (ATR), and MERCURY-PRO to provide a comprehensive view of market dynamics.
The indicator is particularly useful for:
Trend Identification: Detects uptrends and downtrends using dynamic bands and crossovers.
Liquidity Zones: Highlights support and resistance levels based on pivot highs and lows.
Volume Analysis: Tracks volume accumulation during trends and provides delta volume percentages.
Reversal Signals: Marks potential trend reversals with clear visual cues.
Customizable Inputs: Allows users to adjust parameters like Saturn Length, Momentum, and Band Distance for personalized trading strategies.
Key Features
Saturn Calculation:
A dynamic moving average that adapts to market momentum.
Combines price action and momentum to smooth out noise and highlight trends.
Upper and Lower Bands:
Derived from Saturn and ATR, these bands act as dynamic support and resistance levels.
Adjustable distance factor for precise control over band placement.
Pivot Highs and Lows:
Identifies significant price pivots to mark liquidity zones.
Plots lines for support (pivot lows) and resistance (pivot highs).
Volume Accumulation:
Tracks volume during uptrends and downtrends.
Displays delta volume percentage to gauge market strength.
Trend Visualization:
Uses color-coded plots and labels to indicate trend direction (uptrend or downtrend).
Includes trend change markers (▲ for uptrend, ▼ for downtrend).
MERCURY-PRO Integration:
A secondary calculation method based on Chande Momentum Oscillator (CMO) or Standard Deviation.
Provides additional confirmation for trend changes and momentum shifts.
Customizable Colors:
Choose colors for uptrends, downtrends, and shadows to match your chart theme.
Input Parameters
Saturn Length: Length of the Saturn calculation (default: 10).
Saturn Momentum: Momentum length for Saturn (default: 20).
Band Distance: Distance factor for upper and lower bands (default: 2).
Source: Price source for calculations (default: Close).
Trend Colors: Customize colors for uptrends and downtrends.
Shadow: Enable/disable shadow effect for trend visualization.
How to Use
Trend Identification:
Look for the color-coded trend line (Saturn) to determine the current market trend.
Uptrends are highlighted in green, while downtrends are highlighted in red.
Liquidity Zones:
Pivot highs and lows are marked with horizontal lines.
These zones act as potential support and resistance levels.
Volume Analysis:
Monitor the delta volume percentage to assess market strength.
Higher delta values indicate stronger buying or selling pressure.
Reversal Signals:
Watch for trend change markers (▲ or ▼) near the Saturn line.
These signals can indicate potential trend reversals.
MERCURY-PRO Confirmation:
Use the MERCURY-PRO plot to confirm trend changes and momentum shifts.
A crossover in MERCURY-PRO can act as an additional signal for entry or exit.
Disclaimer
This indicator is provided for educational and informational purposes only. It is not intended as financial advice, and you should not rely on it as such. Trading in financial markets involves significant risk, and you should only trade with money you can afford to lose.
The developer, Dr. Abiram Sivprasad, and the publisher of this indicator are not responsible for any losses or damages incurred as a result of using this tool. Always conduct your own research and consult with a licensed financial advisor before making any trading decisions.
Market Trend Scanner [Afnan]This Market Strength Scanner indicator is designed to provide traders with a clear and concise overview of market trends using a single table. It helps you quickly determine which sectors and indices are strong, weak, or choppy, allowing you to make informed trading decisions with ease.
How This Indicator Helps You:
✅ Identify Strong Sectors & Indices
🔹By analyzing this table, you can instantly see which sectors and indices are performing well.
🔹Focus on stocks within strong sectors to find high-probability buying opportunities.
✅ Avoid Weak or Choppy Markets
🔹The indicator highlights bearish or consolidating sectors, helping you avoid poor trading conditions.
🔹Stay away from sectors that are weak or moving sideways to reduce unnecessary risks.
✅ Understand Market Sentiment in Seconds
🔹If most sectors are bullish, the market is in an uptrend—giving you confidence to take long positions.
🔹If the majority are bearish, the market is weak, signaling caution.
🔹A mix of bullish and bearish sectors indicates a choppy market, warning you to avoid trading or adjust your strategy.
✅ Powered by 4 Customizable EMAs
🔹The indicator uses 4 Exponential Moving Averages (EMAs) to determine trends for each sector and index.
🔹These EMAs are fully modifiable, allowing you to adjust them based on your preferred strategy.
✅ Covers 25 Major Indices (Fully Customizable)
🔹By default, the indicator tracks 25 key indices, giving you a broad market perspective.
🔹You can customize the list to focus on the indices that matter most to you.
Why Use This Indicator?
🔹 Saves Time – No need to analyze multiple charts manually. The table gives you everything at a glance.
🔹 Improves Trade Selection – Focus only on strong sectors for better trade accuracy.
🔹 Works in All Market Conditions – Whether the market is trending or consolidating, this tool keeps you informed.
🔹 Fully Customizable – Adjust the EMAs and indices according to your trading preferences.
With just this one powerful indicator, you get a complete market overview, helping you align your trades with the current trend effortlessly! 🚀
Reversal rehersal v1This indicator was designed to identify potential market reversal zones using a combination of RSI thresholds (shooting range/falling range), candlestick patterns, and Fair Value Gaps (FVGs). By combining all these elements into one indicator, it allow for outputting high probability buy/sell signals for use by scalpers on low timeframes like 1-15 mins, for quick but small profits.
Note: that this has been mainly tested on DE40 index on the 1 min timeframe, and need to be adjusted to whichever timeframe and symbol you intend to use. Refer to the backtester feature for checking if this indicator may work for you.
The indicator use RSI ranges from two timeframes to highlight where momentum is building up. During these areas, it will look for certain candlestick patterns (Sweeps as the primary one) and check for existance of fair value gaps to further enhance the hitrate of the signal.
The logic for FVG detection was based on ©pmk07's work with MTF FVG tiny indicator. Several major changes was implemented though and incorporated into this indicator. Among these are:
Automatically adjustments of FVG boxes when mitigated partially and options to extend/cull boxes for performance and clarity.
Backtesting Table (Experimental):
This indicator also features an optional simplified table to review historical theoretical performance of signals, including win rate, profit/loss, and trade statistics. This does not take commision or slippage into consideration.
Usage Notes:
Setup:
1. Add the indicator to your chart.
2. Decide if you want to use Long or Short (or both).
3. If you're scalping on ie. 1 min time frame, make sure to set FVG's to higher timeframes (ie. 5, 15, 60).
4. Enable the 'Show backtest results' and adjust the 'Signals' og 'Take profit' and 'Stop loss' values until you are satisfied with the results.
Use:
1. Setup an alert based on either of the 'BullishShooting range' or 'BearishFalling range' alerts. This will draw your attention to watch for the possible setups.
2. Verify if there's a significant imbalance prior to the signal before taking the trade. Otherwise this may invalidate the setup.
3. Once a signal is shown on the graph (either Green arrow up for buys/Red arrow down for sells) - you should enter a trade with the given 'Take profit' and 'Stop loss' values.
4. (optional) Setup an alert for either the Strong/Weak signals. Which corresponds to when one of the arrows are printed.
Important: This is the way I use it myself, but use at own risk and remember to combine with other indicators for further confluence. Remember this is no crystal ball and I do not guarantee profitable results. The indicator merely show signals with high probability setups for scalping.
Early MACD Reversal IndicatorThis indicator should provide early warnings of potential price reversal based on the difference between the MACD and its signal line. The keys of the reversal come from creating a histogram of the difference between the two lines and further monitoring the first indications of breadth decrease. The first change when trending up will paint a red vertical line and downward triangle to indicate potential trend reversal to the low side. The opposite with a green vertical line and upward triangle signals potential upside movement soon.
Enjoy!
WAGMI LAB Trend Reversal Indicator HMA-Kahlman (m15)WAGMI HMA-Kahlman Trend Reversal Indicator
This indicator combines the Hull Moving Average (HMA) with the Kahlman filter to provide a dynamic trend reversal signal, perfect for volatile assets like Bitcoin. The strategy works particularly well on lower timeframes, making it ideal for intraday trading and fast-moving markets.
Key Features:
Trend Detection: It uses a blend of HMA and Kahlman filters to detect trend reversals, providing more accurate and timely signals.
Volatility Adaptability: Designed with volatile assets like Bitcoin in mind, this indicator adapts to rapid price movements, offering smoother trend detection during high volatility.
Easy Visualization: Buy (B) and Sell (S) signals are clearly marked with labels, helping traders spot trend shifts quickly and accurately.
Trendlines Module: The indicator plots trendlines based on pivot points, highlighting important support and resistance levels. This helps traders understand the market structure and identify potential breakout or breakdown zones.
Customizable: Adjust the HMA and Kahlman parameters to fit different assets or trading styles, making it flexible for various market conditions.
Usage Tips:
Best Timeframes: The indicator performs exceptionally well on lower timeframes (such as 15-minute to 1-hour charts), making it ideal for scalping and short-term trading strategies.
Ideal for Volatile Assets: This strategy is perfect for highly volatile assets like Bitcoin, but can also be applied to other cryptocurrencies and traditional markets with high price fluctuations.
Signal Confirmation: Use the trend signals (green for uptrend, red for downtrend) along with the buy/sell labels to help you confirm potential entries and exits. It's also recommended to combine the signals with other technical tools like volume analysis or RSI for enhanced confirmation.
Trendline Analysis: The plotted trendlines provide additional visual context to identify key market zones, supporting your trading decisions with a clear view of ongoing trends and possible reversal areas.
Risk Management: As with any strategy, always consider proper risk management techniques, such as stop-loss and take-profit levels, to protect against unforeseen market moves.
John Bob-Trading-BotDeveloped by Ayebale John Bob with the help of his bestie, this innovative strategy combines advanced Smart Money Concepts with practical risk management tools to help traders identify and capitalize on key market moves.
Key Features:
Smart Money Concepts & Fair Value Gaps (FVG):
The strategy monitors price action for fair value gaps, which are visualized as extremely faint horizontal lines on the chart. These FVGs signal potential areas where institutional traders might have entered or exited positions.
Dynamic Entry Signals:
Buy signals are triggered when the price crosses above the 50-bar lowest low or when a bullish FVG is detected. Conversely, sell signals are generated when the price falls below the 50-bar highest high or a bearish FVG is identified. Each signal is visually marked on the chart with clear buy (green) and sell (red) labels.
Multi-Level Order Execution:
Once an entry signal occurs, the strategy places five separate orders, each with its own take-profit (TP) level. The TP levels are calculated dynamically using the Average True Range (ATR) and a set of predefined multipliers. This allows traders to scale out of positions as the market moves favorably.
Dynamic Risk Management:
A stop-loss is automatically set at a distance determined by the ATR, ensuring that risk is managed in accordance with current market volatility.
Real-Time Trade Information Table:
In the bottom-right corner of the chart, a trade information table displays essential details about the current trade:
Side: Displays "BUY NOW" (with a dark green background) for long entries or "SELL NOW" (with a dark red background) for short entries.
Entry Price & Stop-Loss: Shows the entry price (highlighted in green) and the corresponding stop-loss level (highlighted in red).
Take-Profit Levels: Lists the five TP levels, each of which turns green once the market price reaches that target.
Timer: A live timer in minutes counts from the moment the current trade trigger started, helping traders track the duration of their active trades.
Visual Progress Bar:
A histogram-style progress bar is plotted on the chart, visually representing the percentage gain (or loss) relative to the entry price.
This strategy was meticulously designed to incorporate both technical analysis and smart risk management, offering a robust trading solution that adapts to changing market conditions. Whether you're a seasoned trader or just starting out, the AyebaleJohnBob Trading Bot equips you with the tools and visual cues needed to make well-informed trading decisions. Enjoy a seamless blend of strategy and style—crafted with passion by Ayebale John Bob and his bestie!
Radial Oscillation Indicator – Overbought & Oversold ZonesThe Radial Oscillation Indicator is designed to analyze price movements based on a circular approach, mapping price fluctuations into angles (0° to 360°). This transformation allows for intuitive visualization of overbought and oversold zones, making it easier to detect potential reversals.
🔹 Key Features:
✔ Converts price movement into degrees (0° to 360°)
✔ Highlights overbought (≥315°) and oversold (≤45°) areas
✔ Uses background shading for clear trend identification
✔ Includes buy (↑) and sell (↓) arrows for easy signal spotting
✔ Provides smoother oscillation with adjustable period and smoothing factor
🛠 How to Use:
Look for buy signals when the degree is in the oversold zone and crosses above zero.
Look for sell signals when the degree is in the overbought zone and crosses below zero.
Adjust the period and smoothing factor to fine-tune sensitivity.
This indicator is ideal for traders looking for a unique and effective way to visualize price momentum.
Smoothed Candle Averages- NovaTheMachineThis script utilizes a series of moving averages that the user is able to change as they see fit for their own use.
The averages plotted for the first 2 waves are the High-Low rays of the selected period of time with the chosen moving average style.
The Bias is the Heikin Ashi High-Low ray plotted over the chosen time period, while the Secondary Bias is a higher Timeframe Bias for the same period of time on a selected higher timeframe.
The visuals for each ray are able to be changed to either; lines, solid wave, or dynamic wave.
The Dynamic waves will change color according to the total dissection and utilize the Min-Max range selected as a weight for the strength of the trend. Thus providing an at-a-glance overview of the price relative to trend.
The key objective with this script is to gauge the longer term trend with the current price action, to establish patterns and determine strength of moves both away from and towards the moving average/bias.
When both waves are trending with the Bias, it can be reasoned that there is a strong trend established, when waves and Bias are mixed or trending sideways it can be reasoned there is a range forming or potential for a direction change. When price has broken the waves and biases we can reasonably assume that a new trend has been formed, using the waves and biases again to determine the strength and length of the trend.
The Table will display whether the current price is above or below each wave, and whether the price is continuing or retracing. The Signals plotted are used to help identify when price has broken a wave more swiftly.
Chart Box Session Indicator [ScrimpleAI]This indicator allows highlighting specific time sessions within a chart by creating colored boxes to represent the price range of the selected session. Is an advanced and flexible tool for graphically segmenting trading sessions. Thanks to its extensive customization options and advanced visualization features, it allows traders to gain a clear representation of key market areas based on chosen time intervals.
The indicator offers two range calculation modes:
- Body to Body : considers the range between the opening and closing price.
- Wick to Wick : considers the range between the session's low and high.
Key Features
1. Session Configuration
- Users can select the time range of the session of interest.
- Option to choose the day of the week for the calculation.
- Supports UTC timezone selection to correctly align data.
2. Customizable Visualization
- Option to display session price lines.
- Ability to show a central price line.
- Extension of session lines beyond the specified duration.
3. Graphical Display Configuration
- Three different background configurations to suit light and dark themes.
- Two gradient modes for session coloring:
- Centered : the color is evenly distributed.
- Off-Centered : the gradient is asymmetrical.
How It Works
The indicator determines whether the current time falls within the selected session, creating a colored box that highlights the corresponding price range.
Depending on user preferences, the indicator draws horizontal lines at the minimum and maximum price levels and, optionally, a central line.
During the session:
- The lowest and highest session prices are dynamically updated.
- The range is divided into 10 bands to create a gradient effect.
- A colored box is generated to visually highlight the chosen session.
If the Extend Lines option is enabled, price lines continue even after the session ends, keeping the range visible for further analysis.
Usage
This indicator is useful for traders who want to analyze price behavior in specific timeframes. It is particularly beneficial for strategies based on market sessions (e.g., London or New York open) or for identifying accumulation and distribution zones.
Weekly Pivot Strategy (LONG ONLY STRATEGY)Strategy Overview: Weekly Pivot Trading System
Core Concept:
A mean-reversion strategy that trades between weekly pivot levels. It uses calculated support (S1-S4) and resistance (R1-R4) levels derived from the previous week's price action to identify entry and exit points.
Just know, every market is different. You may need to play with the settings to suit you're market
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1. Key Features
Weekly Pivot Calculation
Pivot Point = (Previous Week’s High + Low + Close) / 3
Support/Resistance Levels: User-adjustable distances from the pivot (Measured in points).
2. Entry Rules
Buys when price touches S1-S4 (lower = more aggressive).
Each support level triggers a separate entry ("Entry1" at S1, "Entry2" at S2, etc.).
3. Exit Rules
Profit targets set at corresponding R1-R4 levels (R1 for S1 entry, etc.).
No stop-loss (positions remain open until targets are hit).
4. Position Management
Up to 4 concurrent trades per week.
Trades reset weekly with new pivot levels.
No time-based exits.
5.Customization
Adjustable distances for S/R levels.
Position sizing as percentage of equity.
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Anticipated FAQs & Answers
Q1: How does this strategy work?
A: It exploits price reversals at weekly support/resistance zones. When price dips to a support level (S1-S4), the strategy buys, expecting a bounce to the corresponding resistance (R1-R4).
Q2: Why use weekly pivots instead of daily?
A: Weekly levels act as stronger psychological zones, reducing noise from short-term fluctuations. This aligns with swing trading/institutional order flow.
Q3: Where are the stop-losses?
A: The original strategy has no stop-loss to allow positions to ride to targets. However, users can add their own stop rules (e.g., below S4 or ATR-based stops).
Q4: How do I adjust risk?
A: Two key controls:
1. default_qty_value: Reduce from 25% to lower position size.
2. S/R distances: Widen offsets for larger buffers.
Q5: Why do trades sometimes not close?
A: Positions remain open indefinitely until price reaches the profit target. This works best in ranging markets but may tie up capital in trends.
Q6: How is this different from standard pivot strategies?
A: Three unique aspects:
1.Weekly reset: Fresh levels every Monday.
2. Multiple entries: Up to 4 trades/week.
3. No repainting: Levels fixed at week start.
Q7: What markets/timeframes does this work on?
A: Best results in:
Markets: Forex, indices, crypto (high liquidity).
Timeframes: 1H or higher (avoids intraweek noise).
Q8: Can I combine this with other indicators?
A: Popular additions:
Trend filter: Only trade S1-S4 in uptrends (e.g., 50 SMA).
Volume confirmation: Require rising volume at support.
RSI divergence: Avoid entries during overextension.
Q9: Why does it enter on touch (not close)?
A: By design, it mimics "limit order" behavior. To require a close below/above, modify the entry condition:
// Replace:
if low <= level
// With:
if close < level // More conservative
Q10: How to avoid whipsaws during volatility?
A: Two solutions:
1.Add a buffer (e.g., require price to close 1% below S1).
2.Use multiple timeframes: Confirm with daily pivot alignment.
Pro Tips for Users
1. Backtest Across Market Phases: Test in both trending and ranging conditions.
2. Adjust Offsets Volatility: Widen S/R distances for high-volatility assets.
Pair with Correlation: Avoid overlapping trades in correlated markets.
This framework balances simplicity with customization potential.
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Thank you for taking the time to review this strategy. This is my first finished product. I hope people enjoy testing it.
P.S. Please feel free to change or add whatever you like. If you feel up to the task. Im 100% confident that there are better coders than me that can improve this. :D
[Taj_trayder] EXTREME Profit + Signal Short - LongСалом ба хама Трейдерони Точик! Ман Абдулло Ахмадов хастам.
Ман ин индикатор-ро барои истифодабарии трейдер-хо ва тредуня-хои Точик сохтам,
Аз сабабе ки ин индикатор-ро ман аз 4- авторхои дигари Тредингвью гирифтам якчоя кардам онро дар руйи хати умуми монда наметонам. Шумо метавонед ин индикатор-ро озод дар графикхои худ истифода баред (Таймфрейми аз 45М, 1Н, 2Н, 4Н, то D1).
Хусусият-хои ин индикатор: Ердам кардан дар Торговляи шумо, Осон намудани Тичорати шумо дар бозорхои чахони!
1.- Муаян намудани Восходящий ё Нисходящий Тренд (Рынок боло ё поён харакат дорад).
2.- Муаян намудани Точка входа-100% (чойи аники 100% Сделкаро кушодан).
3.- Мондани-100% Стоп-Лосс (чойи аники-100% мондани басс-зарар-дидан, - 2% аз Капитал).
4.- Мондани Тейк-профит (Чойи аники-100% баландтарини гирифтани фойда, 1/3,1/5,1/10).
Ман ин индикаторро барои истифода барии Трейдер-хои тамоми Точикони руи замин сохтам! истифода-барии ин ройгон (бе пул, "без платно" мебошад).
Ин Индикатор кори шуморо-95% осон мекунад, Ердами аники хисоби математикии кушодани сделкахои Лонг ё Шорт (100%- сигналы Long и Short с помощью искусственного интеллекта).
Ердами фахмиши боло ё поён равии Рынокхо (100%- определения Восходящего и Нисходящего рынока).
Multi-SMA Strategy - Core SignalsTick-Precise Cross Detection:
Uses bar's high/low for real-time cross detection
Compares current price action with previous bar's position
Works across all timezones and trading sessions
Three-Layer Trend Filter:
Requires 50 > 100 > 200 SMA for uptrends
Requires 50 < 100 < 200 SMA for downtrends
Adds inherent market structure confirmation
Responsive Exit System:
Closes longs when price breaks below 20 SMA
Closes shorts when price breaks above 20 SMA
Uses same tick-precise logic as entries
Universal Time Application:
No fixed time references
Pure price-based calculations
Works on any chart timeframe (1m - monthly)
Signal Logic Summary:
+ Long Entry: Tick cross above 50 SMA + Uptrend hierarchy
- Long Exit: Price closes below 20 SMA
+ Short Entry: Tick cross below 50 SMA + Downtrend hierarchy
- Short Exit: Price closes above 20 SMA
Komut
//@version=5
strategy("Multi-SMA Strategy - Core Signals", overlay=true)
// ———— Universal Inputs ———— //
int smaPeriod1 = input(20, "Fast SMA")
int smaPeriod2 = input(50, "Medium SMA")
bool useTickCross = input(true, "Use Tick-Precise Crosses")
// ———— Timezone-Neutral Calculations ———— //
sma20 = ta.sma(close, smaPeriod1)
sma50 = ta.sma(close, smaPeriod2)
sma100 = ta.sma(close, 100)
sma200 = ta.sma(close, 200)
// ———— Tick-Precise Cross Detection ———— //
golden_cross = useTickCross ?
(high >= sma50 and low < sma50 ) :
ta.crossover(sma20, sma50)
death_cross = useTickCross ?
(low <= sma50 and high > sma50 ) :
ta.crossunder(sma20, sma50)
// ———— Trend Filter ———— //
uptrend = sma50 > sma100 and sma100 > sma200
downtrend = sma50 < sma100 and sma100 < sma200
// ———— Entry Conditions ———— //
longCondition = golden_cross and uptrend
shortCondition = death_cross and downtrend
// ———— Exit Conditions ———— //
exitLong = ta.crossunder(low, sma20)
exitShort = ta.crossover(high, sma20)
// ———— Strategy Execution ———— //
strategy.entry("Long", strategy.long, when=longCondition)
strategy.entry("Short", strategy.short, when=shortCondition)
strategy.close("Long", when=exitLong)
strategy.close("Short", when=exitShort)
// ———— Clean Visualization ———— //
plot(sma20, "20 SMA", color.new(color.blue, 0))
plot(sma50, "50 SMA", color.new(color.red, 0))
plot(sma100, "100 SMA", color.new(#B000B0, 0), linewidth=2)
plot(sma200, "200 SMA", color.new(color.green, 0), linewidth=2)
// ———— Signal Markers ———— //
plotshape(longCondition, "Long Entry", shape.triangleup, location.belowbar, color.green, 0)
plotshape(shortCondition, "Short Entry", shape.triangledown, location.abovebar, color.red, 0)
plotshape(exitLong, "Long Exit", shape.xcross, location.abovebar, color.blue, 0)
plotshape(exitShort, "Short Exit", shape.xcross, location.belowbar, color.orange, 0)
Ultimate UT Bot ProUltimate UT Bot Pro
Особенности реализации:
Полная поддержка Pine Script v5
Трехуровневая система фильтров EMA
Адаптивная подсветка рыночного тренда
Интеллектуальная проекция целей (1:2 риск/прибыль)
Двойная система сигналов (визуальная + алерты)
Оптимизированное управление памятью
Настраиваемые параметры отображения
Защита от перерисовки
Рекомендуемые настройки:
Для акций: Key Value = 2.5-3.0, ATR Period = 14
Для Forex: Key Value = 2.0-2.5, ATR Period = 10
Для криптовалют: Key Value = 3.0-4.0, ATR Period = 21
Код протестирован на различных таймфреймах и активах, соответствует требованиям TradingView.
Bollinger Bands + RSI [Uncle Sam Trading]The Bollinger Bands + RSI indicator combines two popular technical analysis tools, Bollinger Bands (BB) and the Relative Strength Index (RSI), into a unified framework designed to assess both market volatility and momentum. This indicator provides both visual signals on the chart, and allows you to set alerts. It is intended to help traders identify potential overbought/oversold conditions, trend reversals, and to refine trade entry and exit points.
Key Features:
Bollinger Bands: The indicator plots Bollinger Bands, which consist of a basis line (typically a 20-period Simple Moving Average), an upper band (basis + 2 standard deviations), and a lower band (basis - 2 standard deviations). The bands dynamically adjust to market volatility, widening during periods of increased volatility and contracting during periods of decreased volatility.
Relative Strength Index (RSI): The RSI, a momentum oscillator, is plotted in a separate pane below the price chart. It measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset. Traditional interpretation uses 70 and 30 as overbought and oversold levels, respectively.
Overbought/Oversold Zones Highlighting: This indicator uniquely highlights overbought and oversold zones directly on the price chart based on the RSI values. When the RSI is above the overbought level (default 70), a red-shaded area is displayed. When the RSI is below the oversold level (default 30), a green-shaded area is displayed. These visual cues enhance the identification of potential trend reversals.
Buy and Sell Signals: The indicator generates buy signals when the price crosses above the lower Bollinger Band and the RSI is below the oversold level (if the RSI filter is enabled). Sell signals are generated when the price crosses below the upper Bollinger Band and the RSI is above the overbought level (if the RSI filter is enabled). These signals are plotted as green upward-pointing triangles (buy) and red downward-pointing triangles (sell) on the chart.
Customizable Parameters: Users can adjust various settings, including:
Bollinger Bands Length: The number of periods used to calculate the moving average and standard deviation.
Bollinger Bands Standard Deviation: The multiplier used to determine the distance of the upper and lower bands from the basis.
RSI Length: The number of periods used to calculate the RSI.
RSI Overbought/Oversold Levels: The threshold values that define overbought and oversold conditions for the RSI.
Use RSI Filter for Signals: Enable/disable the RSI filter for buy and sell signals.
Colors: The colors of the Bollinger Bands, RSI, overbought/oversold levels, and zone highlights can be customized to suit user preferences.
Alerts: The indicator supports customizable alerts for various conditions, including:
Buy Signal: Triggered when a buy signal is generated.
Sell Signal: Triggered when a sell signal is generated.
Price Crossed Upper BB: Triggered when the price crosses above the upper Bollinger Band.
Price Crossed Lower BB: Triggered when the price crosses below the lower Bollinger Band.
RSI Overbought: Triggered when the RSI crosses above the overbought level.
RSI Oversold: Triggered when the RSI crosses below the oversold level.
How to Use:
The Bollinger Bands + RSI indicator can be used in various ways, including:
Identifying Potential Trend Reversals: Price crosses above the lower band coupled with an oversold RSI (and highlighted zone) may signal a bullish reversal. Conversely, a price cross below the upper band with an overbought RSI (and highlighted zone) may indicate a bearish reversal.
Confirming Trend Strength: In an uptrend, the price may "ride" the upper band, while in a downtrend, it may "ride" the lower band.
Exit Signals: Crossing the opposite band while in a trade, particularly with confirming RSI signals, is often used to identify potential exit points.
Combined with Other Analysis: This indicator works well in conjunction with other technical analysis tools, such as trend lines, support/resistance levels, chart patterns, and moving average-based strategies.
Disclaimer:
This indicator is for educational and informational purposes only and should not be considered as financial advice. Trading involves risk, and past performance is not indicative of future results. Always conduct thorough research and consider your risk tolerance before making any trading decisions.
SMC + Boring Candles - KartikCombined Boring candle and smart money concept to get better insight of price range where there is potential demand zone and supply zone.
Precise Supply & Demand Zones 🔹 Precise Supply & Demand Zones
Version: v1.0
Author:
📌 Description:
This script automatically detects high-probability Supply & Demand zones based on price action reversals. It ensures proper zone placement by identifying strong bullish and bearish reversals while filtering out weak signals.
✅ How It Works:
Supply Zones (Bearish Reversals):
A strong red candle appears after a green candle.
The zone extends from the high to the open of the last green candle before the drop.
Demand Zones (Bullish Reversals):
A strong green candle appears after a red candle.
The zone extends from the open to the low of the last red candle before the price moves up.
🚀 Features:
✔️ Accurate Zone Detection: Aligns with professional supply & demand trading concepts.
✔️ Zones Extend Until Broken: Stays visible until price decisively breaks them.
✔️ Customizable Zone Opacity & Width: Adjustable visual settings for clarity.
✔️ Auto-Labeling of Key Prices: Displays price levels for each zone.
✔️ Alerts on Zone Entry: Get notified when price enters a supply or demand zone.
⚙️ Settings:
🔹 Zone Width – Customize the thickness of the zone lines.
🔹 Shading Opacity – Adjust the transparency of supply/demand areas.
🔹 Enable Alerts – Get real-time notifications when price enters a zone.
🔹 Use Emojis in Labels – Choose whether to include visual emojis in the zone labels.
📈 Best Used For:
🔹 Price Action Traders looking for accurate supply & demand zones.
🔹 Reversal & Continuation Trading Strategies to catch market shifts.
🔹 Scalping & Swing Trading on multiple timeframes.
⚠️ Disclaimer: This script is for educational purposes only and should not be considered financial advice. Always conduct your own research before trading.
🔹 Follow & Like if you find this useful! 🚀💹
Drawdown Visualisation█ OVERVIEW
The Drawdown Visualisation indicator calculates and displays the instrument’s drawdown (in percent) relative to its all‐time high (ATH) from a user‐defined start date. It provides customisable options for label appearance, threshold lines (0%, –50%, –100%), and can plot historic drawdown levels via pivot detection.
█ USAGE
This indicator should be used with the Percentage Retracement from ATH indicator.
█ KEY FEATURES
Custom Date Settings — Use a custom start date so that only specified price action is considered.
Retracement Level Calculation — Determines ATH and computes multiple retracement levels using percentages from 0% to –100%.
Visual Signals and Customisation — Plots configurable horizontal lines and labels that display retracement percentages and prices.
Time Filtering — Bases calculations on data from the desired time period.
Historic Drawdowns — Display historical drawdowns
█ PURPOSE
Assist traders in visualising the depth of price retracements from recent or historical peaks.
Identify critical zones where the market may find support or resistance after reaching an ATH.
Facilitate more informed entry and exit decisions by clearly demarcating retracement levels on the chart.
█ IDEAL USERS
Swing Traders — Looking to exploit pullbacks following strong upward moves.
Technical Analysts — Interested in pinpointing key retracement levels as potential reversal or continuation points.
Price Action Traders — Focused on the nuances of market peaks and subsequent corrections.
Strategy Developers — Keen to backtest and refine approaches centred on retracement dynamics.
MERSAT - 1 by Dr Abiram SivprasadMERSAT- 1
MERSAT-1 is a sophisticated and versatile TradingView indicator designed to help traders identify key market trends, liquidity zones, and potential reversal points. Developed by Dr. Abiram Sivprasad, this indicator combines advanced calculations like the Saturn (Variable Index Dynamic Average), Average True Range (ATR), and MERCURY-PRO to provide a comprehensive view of market dynamics.
The indicator is particularly useful for:
Trend Identification: Detects uptrends and downtrends using dynamic bands and crossovers.
Liquidity Zones: Highlights support and resistance levels based on pivot highs and lows.
Volume Analysis: Tracks volume accumulation during trends and provides delta volume percentages.
Reversal Signals: Marks potential trend reversals with clear visual cues.
Customizable Inputs: Allows users to adjust parameters like Saturn Length, Momentum, and Band Distance for personalized trading strategies.
Key Features
Saturn Calculation:
A dynamic moving average that adapts to market momentum.
Combines price action and momentum to smooth out noise and highlight trends.
Upper and Lower Bands:
Derived from Saturn and ATR, these bands act as dynamic support and resistance levels.
Adjustable distance factor for precise control over band placement.
Pivot Highs and Lows:
Identifies significant price pivots to mark liquidity zones.
Plots lines for support (pivot lows) and resistance (pivot highs).
Volume Accumulation:
Tracks volume during uptrends and downtrends.
Displays delta volume percentage to gauge market strength.
Trend Visualization:
Uses color-coded plots and labels to indicate trend direction (uptrend or downtrend).
Includes trend change markers (▲ for uptrend, ▼ for downtrend).
MERCURY-PRO Integration:
A secondary calculation method based on Chande Momentum Oscillator (CMO) or Standard Deviation.
Provides additional confirmation for trend changes and momentum shifts.
Customizable Colors:
Choose colors for uptrends, downtrends, and shadows to match your chart theme.
Input Parameters
Saturn Length: Length of the Saturn calculation (default: 10).
Saturn Momentum: Momentum length for Saturn (default: 20).
Band Distance: Distance factor for upper and lower bands (default: 2).
Source: Price source for calculations (default: Close).
Trend Colors: Customize colors for uptrends and downtrends.
Shadow: Enable/disable shadow effect for trend visualization.
How to Use
Trend Identification:
Look for the color-coded trend line (Saturn) to determine the current market trend.
Uptrends are highlighted in green, while downtrends are highlighted in red.
Liquidity Zones:
Pivot highs and lows are marked with horizontal lines.
These zones act as potential support and resistance levels.
Volume Analysis:
Monitor the delta volume percentage to assess market strength.
Higher delta values indicate stronger buying or selling pressure.
Reversal Signals:
Watch for trend change markers (▲ or ▼) near the Saturn line.
These signals can indicate potential trend reversals.
MERCURY-PRO Confirmation:
Use the MERCURY-PRO plot to confirm trend changes and momentum shifts.
A crossover in MERCURY-PRO can act as an additional signal for entry or exit.
Disclaimer
This indicator is provided for educational and informational purposes only. It is not intended as financial advice, and you should not rely on it as such. Trading in financial markets involves significant risk, and you should only trade with money you can afford to lose.
The developer, Dr. Abiram Sivprasad, and the publisher of this indicator are not responsible for any losses or damages incurred as a result of using this tool. Always conduct your own research and consult with a licensed financial advisor before making any trading decisions.
