CYCLE BY RiotWolftradingDescription of the "CYCLE" Indicator
The "CYCLE" indicator is a custom Pine Script v5 script for TradingView that visualizes cyclic patterns in price action, dividing the trading day into specific sessions and 90-minute quarters (Q1-Q4). It is designed to identify and display market phases (Accumulation, Manipulation, Distribution, and Continuation/Reversal) along with key support and resistance levels within those sessions. Additionally, it allows customization of boxes, lines, labels, and colors to suit user preferences.
Main Features
Cycle Phases:
Accumulation (1900-0100): Represents the phase where large operators accumulate positions.
Manipulation (0100-0700): Identifies potential manipulative moves to mislead retail traders.
Distribution (0700-1300): The phase where large operators distribute their positions.
Continuation/Reversal (1300-1900): Indicates whether the price continues the trend or reverses.
90-Minute Quarters (Q1-Q4):
Divides each 6-hour cycle (360 minutes) into four 90-minute quarters (Q1: 00:00-01:30, Q2: 01:30-03:00, Q3: 03:00-04:30, Q4: 04:30-06:00 UTC).
Each quarter is displayed with a colored box (Q1: light purple, Q2: light blue, Q3: light gray, Q4: light pink) and labels (defaulted to black).
Support and Resistance Visualization:
Draws boxes or lines (based on settings) showing the high and low levels of each session.
Optionally displays accumulated volume at the highs and lows within the boxes.
Daily Lines and Last 3 Boxes:
How to Use the Indicator
Step 1: Add the Indicator to TradingView
Open TradingView and select the chart where you want to apply the indicator (e.g., UMG9OOR on a 5-minute timeframe, as shown in the screenshot).
Go to the Pine Editor (at the bottom of the TradingView interface).
Copy and paste the provided code.
Click Compile and then Add to Chart.
Step 2: Configure the Indicator
Click on the indicator name on the chart ("CYCLE") and select Settings (or double-click the name).
Adjust the options based on your needs:
Cycle Phases: Enable/disable phases (Accumulation, Manipulation, Distribution, Continuation/Reversal) and adjust their time slots if needed.
90-Minute Quarters: Enable/disable quarters (Q1-Q4).
Step 3: Interpret the Indicator
Identify Cycle Phases:
Observe the red boxes indicating the phases (Accumulation, Manipulation, etc.).
The high and low levels within each phase are potential support/resistance zones.
If volume is enabled, pay attention to the accumulated volume at highs and lows, as it may indicate the strength of those levels.
Use the 90-Minute Quarters (Q1-Q4):
The colored boxes (Q1-Q4) divide the day into 90-minute segments.
Each quarter shows the price range (high and low) during that period.
Use these boxes to identify price patterns within each quarter, such as breakouts or consolidations.
The labels (Q1, Q2, etc.) help you track time and anticipate potential moves in the next quarter.
Analyze Support and Resistance:
The high and low levels of each phase/quarter act as support and resistance.
Daily lines (if enabled) show key levels from the previous day, useful for planning entries/exits.
The "last 3 boxes below price" (if enabled) highlight potential support levels the price might target.
Avoid Manipulation:
During the Manipulation phase (0100-0700), be cautious of sharp moves or false breakouts.
Use the high/low levels of this phase to identify potential traps (as explained in your first question about manipulation candles).
Step 4: Trading Strategy
Entries and Exits:
Support/Resistance: Use the high/low levels of phases and quarters to set entry or exit points.
For example, if the price bounces off a Q1 support level, consider a buy.
Breakouts: If the price breaks a high/low of a quarter (e.g., Q2), wait for confirmation to enter in the direction of the breakout.
Volume: If accumulated volume is high near a key level, that level may be more significant.
Risk Management:
Place stop-loss orders below lows (for buys) or above highs (for sells) identified by the indicator.
Avoid trading during the Manipulation phase unless you have a specific strategy to handle false breakouts.
Time Context:
Use the quarters (Q1-Q4) to plan your trades based on time. For example, if Q3 is typically volatile in your market, prepare for larger moves between 03:00-04:30 UTC.
Step 5: Adjustments and Testing
Test on Different Timeframes: The indicator is set for a 5-minute timeframe (as in the screenshot), but you can test it on other timeframes (e.g., 1-minute, 15-minute) by adjusting the time slots if needed.
Adjust Colors and Styles: If the default colors are not visible on your chart, change them for better clarity.
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📌 1. **Accumulation: Strong Institutional Activity**
- During the **accumulation phase, we see **high volume: 82.773K, which suggests strong buying interest**, likely from institutional players.
- This sets the base for the following upward move in price.
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📌 2. **Manipulation: False Breakout with Lower Volume**
- Later, there's a manipulation phase where price breaks above previous highs, but the volume (71.814K) is **lower than during accumulation**.
- This implies that buyers are not as aggressive as before—no real demandbehind the breakout.
- It’s likely a bull trap, where smart money is selling into the breakout to exit their positions.
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### 📌 3. Distribution: Weakness and Lack of Demand
- The market enters a distribution phase, and volume drops even further (only 7.914K).
- Price struggles to go higher, and you start seeing rejections at the top.
- This shows that demand is drying up, and smart money is offloading positions**—not accumulating anymore.
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### 💡 Why Take the Short Here?
- Volume is not increasing with new highs—showing weak demand**.
- The manipulation volume is weaker than the accumulation volume, confirming the breakout was likely false.
- Structure starts to break down (Q levels falling), which confirms weakness.
- This creates a high-probability short setup:
- **Entry:** after confirmation of distribution and structural breakdown.
- **Stop loss:** above the manipulation high.
- **Target:** down toward previous lows or value zones.
---
### ✅ Conclusion
Since the manipulation volume failed to exceed the accumulation volume, the breakout lacked real strength. Combined with decreasing volume in the distribution phase, this indicates fading demand and supply taking control—which justifies entering a short position.
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RSI Divergence Strategy - AliferCryptoStrategy Overview
The RSI Divergence Strategy is designed to identify potential reversals by detecting regular bullish and bearish divergences between price action and the Relative Strength Index (RSI). It automatically enters positions when a divergence is confirmed and manages risk with configurable stop-loss and take-profit levels.
Key Features
Automatic Divergence Detection: Scans for RSI pivot lows/highs vs. price pivots using user-defined lookback windows and bar ranges.
Dual SL/TP Methods:
- Swing-based: Stops placed a configurable percentage beyond the most recent swing high/low.
- ATR-based: Stops placed at a multiple of Average True Range, with a separate risk/reward multiplier.
Long and Short Entries: Buys on bullish divergences; sells short on bearish divergences.
Fully Customizable: Input groups for RSI, divergence, swing, ATR, and general SL/TP settings.
Visual Plotting: Marks divergences on chart and plots stop-loss (red) and take-profit (green) lines for active trades.
Alerts: Built-in alert conditions for both bullish and bearish RSI divergences.
Detailed Logic
RSI Calculation: Computes RSI of chosen source over a specified period.
Pivot Detection:
- Identifies RSI pivot lows/highs by scanning a lookback window to the left and right.
- Uses ta.barssince to ensure pivots are separated by a minimum/maximum number of bars.
Divergence Confirmation:
- Bullish: Price makes a lower low while RSI makes a higher low.
- Bearish: Price makes a higher high while RSI makes a lower high.
Entry:
- Opens a Long position when bullish divergence is true.
- Opens a Short position when bearish divergence is true.
Stop-Loss & Take-Profit:
- Swing Method: Computes the recent swing high/low then adjusts by a percentage margin.
- ATR Method: Uses the current ATR × multiplier applied to the entry price.
- Take-Profit: Calculated as entry price ± (risk × R/R ratio).
Exit Orders: Uses strategy.exit to place bracket orders (stop + limit) for both long and short positions.
Inputs and Configuration
RSI Settings: Length & price source for the RSI.
Divergence Settings: Pivot lookback parameters and valid bar ranges.
SL/TP Settings: Choice between Swing or ATR method.
Swing Settings: Swing lookback length, margin (%), and risk/reward ratio.
ATR Settings: ATR length, stop multiplier, and risk/reward ratio.
Usage Notes
Adjust the Pivot Lookback and Range values to suit the volatility and timeframe of your market.
Use higher ATR multipliers for wider stops in choppy conditions, or tighten swing margins in trending markets.
Backtest different R/R ratios to find the balance between win rate and reward.
Disclaimer
This script is for educational purposes only and does not constitute financial advice. Trading carries significant risk and you may lose more than your initial investment. Always conduct your own research and consider consulting a professional before making any trading decisions.
Head Hunter HHHead Hunter HH - Advanced Market Structure & Volume Analysis Indicator
This indicator combines volume analysis, price action, and VWAP to identify high-probability trading opportunities across multiple timeframes.
Key Features:
• Smart Volume Analysis: Detects institutional volume patterns using dynamic thresholds
• VWAP-Based Market Structure: Multiple standard deviation bands for precision entry/exit
• Daily Level Integration: Previous day's high, low, close, and current day's open
• Advanced Signal Classification: Regular, Super Strong, and Scalp signals
Signal Types:
1. Regular Signals (White/Purple Triangles)
• Volume-confirmed reversals
• Institutional price levels
• Technical momentum alignment
2. Super Strong Signals (Green/Red Diamonds)
• High-volume breakouts
• Strong momentum confirmation
• Multiple timeframe alignment
3. Scalp Signals (Green/Magenta Circles)
• Quick reversal opportunities
• VWAP deviation analysis
• Volume surge confirmation
Visual Components:
• VWAP with Standard Deviation Bands
• 50 MA (optional)
• Daily Reference Levels
• Color-coded signals based on strength
• Bar color changes on confirmed signals
Best Practices:
• Most effective on higher timeframes (1H+)
• Use with major pairs/instruments
• Combine signals with support/resistance
• Monitor volume confirmation
• Wait for candle close confirmation
This indicator helps identify institutional order flow and high-probability reversal zones by analyzing volume patterns, price action, and market structure, providing traders with multiple confirmation layers before entry.
Note: Results may vary based on market conditions and timeframe selection. Always use proper risk management.
Trend Indicator with ArrowsTrend Indicator with arrows is a NoBrainer indicator to see the trend clearly.
UpTrend is defined as a candle closing above previous high. I
DownTrend is defined as a candle closing below previous low
A consolidation is defined as a candle closing inside previous candle high low.
UpTrend - Indicated with a green arrow below the candle with the current indicator.
DownTrend - ndicated with a red arrow above the candle with the current indicator.
So How to use this Indicator?
Identify zones of consolidation where the indicator doesn't show any arrows. Upon shift from consolidation to UpTrend or DownTrend take a entry. This is one way.
Second and most useful way is wait for Support or resistant hit.
If it's a support. Upon support hit wait for Consolidation, DownTrend and then UpTrend/(Consolidation again with uptrend) for long entry.
If its a resistance. Upon resistance hit wait for Consolidation, Uptrend and then DownTrend/(Consolidation again with DownTrend) for short Entry.
LUX CLARA - EMA + VWAP (No ATR Filter) - v6EMA STRAT SHOUT OUTOUTLIERSSSSS
Overview:
an intraday strategy built around two core principles:
Trend Confirmation using the 50 EMA (Exponential Moving Average) in relation to the VWAP (Volume-Weighted Average Price).
Entry Signals triggered by the 8 EMA crossing the 50 EMA in the direction of that confirmed trend.
Key Logic:
Bullish Trend if the 50 EMA is above VWAP. Only long entries are allowed when the 8 EMA crosses above the 50 EMA during that bullish phase.
Bearish Trend if the 50 EMA is below VWAP. Only short entries are allowed when the 8 EMA crosses below the 50 EMA during that bearish phase.
Intraday Focus: Trades are restricted to a user-defined session window (default 7:30 AM–11:30 AM), aligning entries/exits with peak intraday liquidity.
Exit Rule: Positions close automatically when the 8 EMA crosses back in the opposite direction of the entry.
Why It Works:
EMA + VWAP helps detect both immediate momentum (EMAs) and overall institutional bias (VWAP).
By confining trades to a set intraday window, the strategy aims to capture morning volatility while avoiding choppy afternoon or overnight sessions.
Customization:
Users can adjust EMA lengths, session times, or incorporate stops/targets for additional risk management.
It can be tested on various symbols and intraday timeframes to gauge performance and robustness.
Smart Money Pivot Strategy [Jason Kasei]This strategy is designed to identify key pivot points (Pivot High and Pivot Low) in the market and leverage the "Smart Money" concept to capture price breakout opportunities. It supports both long and short trades, offering customizable stop-loss (SL) and take-profit (TP) settings, while visually plotting pivot points and breakout signals on the chart.
Core Features
Pivot Point Detection:
Utilizes ta.pivothigh and ta.pivotlow functions to detect the highest (Pivot High) and lowest (Pivot Low) points within a specified period (default: 20 bars).
Trading Signals:
Long Signal: Triggered when the price breaks above a previous Pivot High, indicating a potential uptrend.
Short Signal: Triggered when the price breaks below a previous Pivot Low, indicating a potential downtrend.
How It Works
Detects Pivot High (PH) and Pivot Low (PL) over the specified period and records their price and time.
Triggers a long entry when the price breaks above a Pivot High and a short entry when it falls below a Pivot Low.
Sets exit conditions automatically based on predefined SL and TP percentages after entry.
Plots breakout points and levels on the chart for analysis.
Considerations
The strategy relies on accurate pivot point detection; adjust the period parameter based on market volatility.
In highly volatile markets, consider widening the stop loss to avoid frequent triggering.
Combine with other indicators or analysis methods to validate signals and avoid blind trading.
Long Term Profitable Swing | AbbasA Story of a Profitable Swing Trading Strategy
Imagine you're sailing across the ocean, looking for the perfect wave to ride. Swing trading is quite similar—you're navigating the stock market, searching for the ideal moments to enter and exit trades. This strategy, created by Abbas, helps you find those waves and ride them effectively to profitable outcomes.
🌊 Finding the Perfect Wave (Entry)
Our journey begins with two simple signs that tell us a great trading opportunity is forming:
- Moving Averages: We use two lines that follow price trends—the faster one (EMA 16) reacts quickly to recent price moves, and the slower one (EMA 30) gives us a longer-term perspective. When the faster line crosses above the slower line, it's like a clear signal saying, "Hey! The wave is rising, and prices might move higher!"
- RSI Momentum: Next, we check a tool called the RSI, which measures momentum (how strongly prices are moving). If the RSI number is above 50, it means there's enough strength behind this rising wave to carry us forward.
When both signals appear together, that's our green light. It's time to jump on our surfboard and start riding this promising wave.
⚓ Safely Riding the Wave (Risk Management)
While we're riding this wave, we want to ensure we're safe from sudden surprises. To do this, we use something called the Average True Range (ATR), which measures how volatile (or bumpy) the price movements are:
- Stop-Loss: To avoid falling too hard, we set a safety line (stop-loss) 8 times the ATR below our entry price. This helps ensure we exit if the wave suddenly turns against us, protecting us from heavy losses.
- Take Profit: We also set a goal to exit the trade at 11 times the ATR above our entry. This way, we capture significant profits when the wave reaches a nice high point.
🌟 Multiple Rides, Bigger Adventures
This strategy allows us to take multiple positions simultaneously—like riding several waves at once, up to 5. Each trade we make uses only 10% of our trading capital, keeping risks manageable and giving us multiple opportunities to win big.
🗺️ Easy to Follow Settings
Here are the basic settings we use:
- Fast EMA**: 16
- Slow EMA**: 30
- RSI Length**: 9
- RSI Threshold**: 50
- ATR Length**: 21
- ATR Stop-Loss Multiplier**: 8
- ATR Take-Profit Multiplier**: 11
These settings are flexible—you can adjust them to better suit different markets or your personal trading style.
🎉 Riding the Waves of Success
This simple yet powerful swing trading approach helps you confidently enter trades, clearly know when to exit, and effectively manage your risk. It’s a reliable way to ride market waves, capture profits, and minimize losses.
Happy trading, and may you find many profitable waves to ride! 🌊✨
Please test, and take into account that it depends on taking multiple longs within the swing, and you only get to invest 25/30% of your equity.
Mswing HommaThe Mswing is a momentum oscillator that calculates the rate of price change over 20 and 50 periods (days/weeks). Apart from quantifying momentum, it can be used for assessing relative strength, sectoral rotation & entry/exit signals.
Quantifying Momentum Strength
The Mswing's relationship with its EMA (e.g., 5-period or 9-period) is used for momentum analysis:
• M Swing >0 and Above EMA: Momentum is positive and accelerating (ideal for entries).
• M Swing >0 and Below EMA: Momentum is positive but decelerating (caution).
• M Swing <0 and Above EMA: Momentum is negative but improving (watch for reversals).
• M Swing <0 and Below EMA: Momentum is negative and worsening (exit or avoid).
Relative Strength Scanning (M Score)
Sort stocks by their M Swing using TradingView’s Pine scanner.
Compare the Mswing scores of indices/sectors to allocate capital to stronger groups (e.g., renewables vs. traditional energy).
Stocks with strong Mswing scores tend to outperform during bullish phases, while weak ones collapse faster in downtrends.
Entry and Exit Signals
Entry: Buy when Mswing crosses above 0 + price breaks key moving averages (50-day SMA). Use Mswing >0 to confirm valid breakouts. Buy dips when Mswing holds above EMA during retracements.
Exit: Mswing can be used for exiting a stock in 2 ways:
• Sell in Strength: Mswing >4 (overbought).
• Sell in Weakness: Mswing <0 + price below 50-day SMA.
Multi-Timeframe Analysis
• Daily: For swing trades.
• Weekly: For trend confirmation.
• Monthly: For long-term portfolio adjustments.
Fibonacci & Bollinger Bands StrategyTrading System: Fibonacci & Bollinger Bands Strategy
1. Session Timing
Trade only from 1 PM onwards.
Identify the first candle on the 1 PM vertical line to set the market direction.
If it's a bullish candle, look for buy opportunities.
If it's a bearish candle, look for sell opportunities.
2. Fibonacci Retracement as a Measuring Tool
Identify the recent swing high and swing low before the 1 PM session.
Draw Fibonacci retracement levels from low to high (for buys) or high to low (for sells).
Key retracement levels to watch: 0.0%, 50.0%, and 100.0%.
Entries can be placed at 0.0% or 50.0%, aiming for a move toward 100.0% retracement.
3. Bollinger Bands Confirmation
If the Bollinger Bands are above price, expect a downward move (sell).
If the Bollinger Bands are below price, expect an upward move (buy).
Use this as additional confirmation for your Fibonacci-based trade.
4. Entry & Exit Rules
Entry:
If the 1 PM candle confirms a bullish bias, enter long near Fibonacci 0.0% or 50.0%.
If the 1 PM candle confirms a bearish bias, enter short near Fibonacci 0.0% or 50.0%.
Stop Loss: Below (for buys) or above (for sells) the swing low/high used for Fibonacci.
Take Profit: Target 100.0% retracement level or next key resistance/support.
5. Risk Management
Risk 1-2% per trade.
Avoid trading if price is too far from Fibonacci levels.
Confirm setup with Bollinger Bands alignment.
BBr1 Candle Range Volitility Gap IndicatorModified Candle Range Volatility Gap Indicator
1. Useful to analyze bars body and wicks and volatility of security.
2. Added a Percentage Option - easier to analyze across different securities.
2. Added a Standard Deviation ("1 std dev= 68.2%, 2 std dev=95.4%, 3 std dev=99.7%, etc") based upon user defined lookback period.
3. Added the ability to include Gaps in Analysis. (Gaps are when the prior closing cost does not equal opening price)
4. Possible Uses setting up stop losses, trailing entries/exits (inside range or outside range).
5. Use it with other indicators in determining if to make an entry or close entry.
Reposted Original Description by © ka66 Kamal Advani
Visually shows the Body Range (open to close) and Candle Range (high to low).
Semi-transparent overlapping area is the full Candle Range, and fully-opaque smaller area is the Body Range. For aesthetics and visual consistency, Candle Range follows the direction of the Body Range, even though technically it's always positive (high - low).
The different plots for each range type also means the UI will allow deselecting one or the other as needed. For example, some strategies may care only about the Body Range, rather than the entire Candle Range, so the latter can be hidden to reduce noise.
Threshold horizontal lines are plotted, so the trader can modify these high and low levels as needed through the user interface. These need to be configured to match the instrument's price range levels for the timeframe. The defaults are pretty arbitrary for +/- 0.0080 (80 pips in a 4-decimal place forex pair). Where a range reaches or exceeds a threshold, it's visually marked as well with a shape at the Body or Candle peak, to assist with quicker visual potential setup scanning, for example, to anticipate a following reversal or continuation.
Opening Range BoxIndicator Name: Opening Range Box with Extensions
Author: YanivBull
Description:
The Opening Range Box with Extensions is a powerful tool designed to visualize the trading range established during the first 30 minutes of a market session, a critical period for setting the day's trend. This indicator plots a box representing the high and low prices formed within this opening range, with dashed extension lines projecting these levels forward throughout the session.
Its primary purpose is to identify the boundaries of the initial trend at the start of trading. When these boundaries are breached, it serves as a trigger for potential trading opportunities: a breakout above the box high signals a possible long entry, while a breakdown below the box low indicates a potential short entry. The indicator also includes historical boxes for up to 5 previous days (configurable), allowing traders to analyze past opening ranges and their extensions for context and pattern recognition.
Key Features:
Customizable session start time (hour and minute) to adapt to various markets (e.g., NYSE, DAX, etc.).
Displays the current session's opening range box in blue and historical boxes in gray.
Plots dashed extension lines from the high and low of each box, limited to 500 bars or the end of the trading day.
Adjustable number of historical days (1-20, default 5).
Usage:
Set the Session Start Hour and Session Start Minute according to your market's opening time (relative to your chart's timezone, e.g., UTC+2). Watch for price action around the box boundaries—breakouts above the high or below the low can be used as signals for initiating long or short trades, respectively. Combine with other technical analysis tools for confirmation.
This indicator is ideal for day traders looking to capitalize on early session momentum and breakout strategies.
Consecutive Close Tracker (CCT)Consecutive Close Tracker (CCT) Indicator
The Consecutive Close Tracker (CCT) is a powerful momentum and breakout detection tool designed to identify consecutive bullish and bearish closes, potential reversals, and breakout points. By tracking consecutive candle closes and plotting key levels, this indicator provides traders with visual cues to recognize trend continuations, reversals, and breakout opportunities effectively.
🔹 Key Features of CCT
1️⃣ Consecutive Move Lines (Green/Red/Yellow Lines)
Tracks three consecutive bullish or bearish closes.
If the fourth candle confirms the trend, a green line (bullish) or red line (bearish) is drawn.
If the fourth candle fails to confirm, a yellow line is drawn, signaling potential indecision.
Helps traders spot trend continuations and exhaustion points.
2️⃣ Reversal Detection Lines (Cyan & Light Red)
Identifies bullish and bearish reversals based on three higher/lower closes followed by a reversal.
A cyan line indicates a bullish reversal, while a light red line signals a bearish reversal.
Useful for traders looking for trend reversals and key turning points.
3️⃣ Breakout Line (Dynamic Resistance/Support Level)
Automatically calculates a breakout level based on the previous timeframe’s open and close.
Can be customized to use different timeframes (e.g., hourly, daily, weekly).
Acts as a dynamic resistance or support level, helping traders determine breakout opportunities.
🔍 How to Use the Indicator?
✅ 1. Spotting Trend Continuations with Consecutive Move Lines
Green Line: Three consecutive bullish closes followed by a fourth higher close.
🚀 Indicates strong buying pressure & potential uptrend continuation.
Red Line: Three consecutive bearish closes followed by a fourth lower close.
📉 Indicates strong selling pressure & potential downtrend continuation.
Yellow Line: Three consecutive closes, but the fourth candle fails to confirm.
⚠️ Signals possible indecision or trend exhaustion.
🔥 Best Strategy:
If a green line appears near support, consider long entries.
If a red line appears near resistance, consider short entries.
If a yellow line appears, wait for further confirmation before entering a trade.
✅ 2. Identifying Trend Reversals with Reversal Lines
Cyan Line: A bearish trend with three consecutive lower closes, followed by a bullish candle → Possible uptrend reversal.
Light Red Line: A bullish trend with three consecutive higher closes, followed by a bearish candle → Possible downtrend reversal.
🔥 Best Strategy:
If a cyan line appears near a major support level, look for long entry opportunities.
If a light red line appears near resistance, prepare for a potential short entry.
Use these lines in combination with candlestick patterns (e.g., bullish engulfing, pin bars) for confirmation.
✅ 3. Using the Breakout Line for Key Entry & Exit Points
The breakout line represents a key dynamic level (midpoint of the previous timeframe’s open & close).
If price breaks above the breakout line, it suggests bullish momentum → Consider long trades.
If price breaks below the breakout line, it suggests bearish momentum → Consider short trades.
🔥 Best Strategy:
Use the breakout line in combination with support & resistance levels.
When price approaches the breakout line, watch for confirmation candles before entering a trade.
The breakout line can also act as a stop-loss or take-profit level.
🎯 How to Utilize CCT Effectively?
✅ For Intraday Traders
Use the consecutive close tracker on a 5M or 15M chart to catch short-term trends.
Watch for reversal lines near major intraday support/resistance for quick scalping opportunities.
Use the breakout line from the hourly chart to identify potential trend shifts.
✅ For Swing Traders
Apply the indicator on 1H, 4H, or daily charts to track medium-term trends.
Look for green/red lines near key Fibonacci retracement or pivot levels.
Use reversal lines to detect early trend reversals before bigger moves occur.
✅ For Breakout Traders
Focus on the breakout line on higher timeframes (e.g., 1H, 4H, Daily) to identify strong momentum shifts.
If price crosses the breakout line with strong volume, enter trades with trend confirmation.
Place stop-loss just below the breakout level for controlled risk management.
🏆 Final Thoughts
The Consecutive Close Tracker (CCT) is a powerful momentum and reversal indicator that helps traders:
✅ Identify strong trend continuations (green/red lines).
✅ Detect early reversal points (cyan/light red lines).
✅ Use a dynamic breakout line for better trade entries & exits.
Whether you’re an intraday trader, swing trader, or breakout trader, this tool can enhance your market insights and improve your trading decisions. 📈🔥
🚀 Try it out, and integrate it with your strategy to maximize its potential! 🚀
Impulse MACD enhancedThis indicator is designed to provide robust trade entry signals by combining multiple technical filters. Here’s a summary of its key components:
Impulse MACD Calculation:
Uses a Zero-Lag EMA (ZLEMA) based approach to generate a momentum indicator (with a signal line and histogram) that identifies shifts in market momentum.
Simulated Higher Timeframe (HTF) Trend Filter:
Computes an SMA over a multiplied period to simulate a higher timeframe trend. It requires the price to be in line with this broader trend before signaling an entry.
RSI Filter:
Ensures that for bullish entries the RSI is above a set threshold (indicating momentum) and for bearish entries it’s below a threshold.
ADX Filter:
Uses a manually calculated ADX to confirm that the market is in a strong trend (ADX > 30) to reduce false signals in weakly trending or sideways markets.
Volume Filter:
Compares the current volume to a 20‑bar SMA of volume, requiring volume to be significantly higher (by a user-defined percentage) to confirm the strength of the move.
VWAP Confirmation:
Uses the Volume-Weighted Average Price as an extra layer of confirmation: bullish signals require the price to be above VWAP, bearish signals below.
Optional Long-Term & Short-Term MA Filters:
These filters can be enabled to ensure the price is trading above (or below) longer-term and shorter-term moving averages, further aligning the trade with the prevailing trend.
ATR Volatility Filter:
Checks that volatility (as measured by the ATR relative to price) is below a maximum threshold, which helps avoid taking trades in overly volatile conditions.
Price Action Filter:
Ensures that for a bullish signal the current close is above the highest high over a specified lookback period (and vice versa for bearish), indicating a clear breakout.
Signal Throttling:
Signals are limited to one every 10 bars to prevent excessive trading.
When all these conditions are met, the indicator outputs an entry signal for either a bullish or bearish trade.
This multi-filter approach aims to increase win rate by reducing false signals and aligning trades with strong, confirmed trends while filtering out noise.
3 Red / 3 Green Strategy with Volatility CheckStrategy Name: 3 Red / 3 Green Strategy with Volatility Check by AlgoTradeKit
Overview
This long-only strategy is designed for daily bars on NASDAQ (or similar instruments) and combines simple price action with a volatility filter. It “tells it like it is” – enter when the market shows weakness, but only in sufficiently volatile conditions, and exit either on signs of a reversal or after a set number of days.
Entry Conditions
- Price Action :
Enter a long position when there are 3 consecutive red days (each day's close is below its open).
- Volatility Filter :
The entry is allowed only if the current ATR (Average True Range) calculated over the specified ATR Period (default 12) is greater than its 30-day simple moving average. This ensures the market has enough volatility to justify the trade.
Exit Conditions
- Reversal Signal :
Exit the long position when 3 consecutive green days occur (each day's close is above its open), signaling a potential reversal.
- Time Limit :
Regardless of market conditions, any open trade is closed if it reaches the Maximum Trade Duration (default 22 days). This helps limit exposure during stagnant or unfavorable market conditions.
- You can toggle the three-green-day exit if you want to isolate the time-based exit.
Input Parameters
- Maximum Trade Duration (days): Default is 22 days.
- ATR Period: Default is 12.
- Use 3 Green Days Exit: Toggle to enable or disable the three-green-day exit condition.
How It Works
1. Entry: The strategy monitors daily price action for 3 consecutive down days. When this occurs and if the market is volatile enough (current ATR > 30-day ATR average), it opens a long position.
2. Exit: The position is closed if the price action reverses with 3 consecutive up days or if the trade has been open for the maximum allowed duration - i.e. use it on daily chart.
Risk Management
- The built-in maximum trade duration prevents trades from lingering too long in a non-trending or consolidating market.
- The volatility filter helps ensure that trades are only taken when there is sufficient price movement, potentially increasing the odds of a meaningful move.
Disclaimer
This strategy is provided “as is” without any warranties. It is essential to backtest and validate the performance on your specific instrument and market conditions before deploying live capital. Trading involves significant risk, and you should adjust parameters to match your risk tolerance.
Test and tweak this strategy to see if it fits your trading style and market conditions. Happy trading!
Balance of Power for US30 4H [PineIndicators]The Balance of Power (BoP) Strategy is a momentum-based trading system for the US30 index on a 4-hour timeframe. It measures the strength of buyers versus sellers in each candle using the Balance of Power (BoP) indicator and executes trades based on predefined threshold crossovers. The strategy includes dynamic position sizing, adjustable leverage, and visual trade tracking.
⚙️ Core Strategy Mechanics
Positive values indicate buying strength.
Negative values indicate selling strength.
Values close to 1 suggest strong bullish momentum.
Values close to -1 indicate strong bearish pressure.
The strategy uses fixed threshold crossovers to determine trade entries and exits.
📌 Trade Logic
Entry Conditions
Long Entry: When BoP crosses above 0.8, signaling strong buying pressure.
Exit Conditions
Position Close: When BoP crosses below -0.8, indicating a shift to selling pressure.
This threshold-based system filters out low-confidence signals and focuses on high-momentum shifts.
📏 Position Sizing & Leverage
Leverage: Adjustable by the user (default = 5x).
Risk Management: Position size adapts dynamically based on equity fluctuations.
📊 Trade Visualization & History Tracking
Trade Markers:
"Buy" labels appear when a long position is opened.
"Close" labels appear when a position is exited.
Trade History Boxes:
Green for profitable trades.
Red for losing trades.
These elements provide clear visual tracking of past trade execution.
⚡ Usage & Customization
1️⃣ Apply the script to a US30 4H chart in TradingView.
2️⃣ Adjust leverage settings as needed.
3️⃣ Review trade signals and historical performance with visual markers.
4️⃣ Enable backtesting to evaluate past performance.
This strategy is designed for momentum-based trading and is best suited for volatile market conditions.
[SHORT ONLY] ATR Sell the Rip Mean Reversion Strategy█ STRATEGY DESCRIPTION
The "ATR Sell the Rip Mean Reversion Strategy" is a contrarian system that targets overextended price moves on stocks and ETFs. It calculates an ATR‐based trigger level to identify shorting opportunities. When the current close exceeds this smoothed ATR trigger, and if the close is below a 200-period EMA (if enabled), the strategy initiates a short entry, aiming to profit from an anticipated corrective pullback.
█ HOW IS THE ATR SIGNAL BAND CALCULATED?
This strategy computes an ATR-based signal trigger as follows:
Calculate the ATR
The strategy computes the Average True Range (ATR) using a configurable period provided by the user:
atrValue = ta.atr(atrPeriod)
Determine the Threshold
Multiply the ATR by a predefined multiplier and add it to the current close:
atrThreshold = close + atrValue * atrMultInput
Smooth the Threshold
Apply a Simple Moving Average over a specified period to smooth out the threshold, reducing noise:
signalTrigger = ta.sma(atrThreshold, smoothPeriodInput)
█ SIGNAL GENERATION
1. SHORT ENTRY
A Short Signal is triggered when:
The current close is above the smoothed ATR signal trigger.
The trade occurs within the specified trading window (between Start Time and End Time).
If the EMA filter is enabled, the close must also be below the 200-period EMA.
2. EXIT CONDITION
An exit Signal is generated when the current close falls below the previous bar’s low (close < low ), indicating a potential bearish reversal and prompting the strategy to close its short position.
█ ADDITIONAL SETTINGS
ATR Period: The period used to calculate the ATR, allowing for adaptability to different volatility conditions (default is 20).
ATR Multiplier: The multiplier applied to the ATR to determine the raw threshold (default is 1.0).
Smoothing Period: The period over which the raw ATR threshold is smoothed using an SMA (default is 10).
Start Time and End Time: Defines the time window during which trades are allowed.
EMA Filter (Optional): When enabled, short entries are only executed if the current close is below the 200-period EMA, confirming a bearish trend.
█ PERFORMANCE OVERVIEW
This strategy is designed for use on the Daily timeframe, targeting stocks and ETFs by capitalizing on overextended price moves.
It utilizes a dynamic, ATR-based trigger to identify when prices have potentially peaked, setting the stage for a mean reversion short entry.
The optional EMA filter helps align trades with broader market trends, potentially reducing false signals.
Backtesting is recommended to fine-tune the ATR multiplier, smoothing period, and EMA settings to match the volatility and behavior of specific markets.
