Average True Range BandsAverage True Range Bands
The 30-day Average True Range is useful in Futures and Forex trading for placing stop orders for entry.
In the example above, a trader may want to initiate a Short position on a break below the support trendline.
A good place to enter this trade would be a price break below the support trendline minus 50 to 100% of the current ATR value.
ATR Bands provides a useful visual overlay of the current ATR value above and below the current price to speed up order entry decisions.
ابحث في النصوص البرمجية عن "entry"
Study for Squeeze Momentum Indicator [LazyBear]This study is based on LazyBear Squeeze Momentum Indicator and my strategy developed using it.
I added some custom feature and filters.
Main improvements are:
1- study is updated to version 4 of pine script;
2- I added alerts for entry rules and exit rules.
3- Alert syntax can be customized for webhooks: I added one example only for long entry.
You can customize a lot of features to get a profitable strategy.
Here is a link to original study.
Please use comment section for any feedback.
Volatility Traders Minds Strategy (VTM Strategy)Volatility Traders Minds Strategy (VTM Strategy)
I found this startegy on internet, with a video explaingin how it works.
Conditions for entry:
1 - Candles must to be above or bellow the 48 MA (Yellow line)
2 - Candles must to break the middle of bollinger bands
3 - Macd must to be above or bellow zero level;
4 - ADX must to be above 25 level
Credits to who developed this startegy (google it).
Thanks to all pinescripters mentined in the code for their snippets.
It could be improved with stop loss based on ATR etc.
I have also a study with alerts.
Please use comment section for any feedback or contact me if you need support.
DW-RSI EMA with EMA of RSIThis is an RSI Oscillator with an EMA of the RSI for a signal line. The RSI line is Green when above the signal line and Red when below the signal line.
This does not use the traditional 30% / 70% over sold / over bought analysis. Therefore the levels are not shown.
The analysis is this:
When the RSI is above the signal line then price has a bullish bias.
When the RSI is below the signal line then price has a bearish bias.
I wrote use this for Forex Spot Currencies where I feel overbought and oversold may be less valid than it may be in other markets such as stocks.
As with all indicators, do not use as your sole reason to enter the market, but use with other indicators or price action signals to get a confluence of signals to confirm your entry.
I use it with an 8, 21 and 50 EMA to confirm entry and exit. I give it more weight for exits than I do for entries.
Easy to Use Stochastic + RSI StrategyA simple strategy that yields some great results.
CODE VARIABLES
LINE 2 - Here you can change your currency and amount you want to invest on each entry.
LINE 10/11/12 - Here we establish what date we want to start backtesting from. Simply change the defval on each line to change the date (In the code below we start on Jan 1st, 2014).
LINES 19 through 27 - Here we set our Stochastic and RSI sensitivity (Currently %K = 14, %D = 3, RSI = 14). Change these to your preference.
LINE 39/41 - Here we execute our orders (Currently set when %K crosses %D under the 20 value and RSI is less than 50 to BUY, %K crosses %D above the 80 value and RSI is greater than 60 to SELL). Change these to your preference.
NOTE: As a beginner you may not want to short stock, therefore LINE 6 was added to only allow long positions.
I didn't overlay the RSI value over the Stochastics because it was too cluttered. Just add the RSI indictor seperately to your layout.
As always, couple this with trend following and exit/entry rules to make the profitability even higher!
Cheers!
Easy to Use 50/100/200 Day Moving Average StrategyWhenever you see someone publish a chart or idea, what's the one thing you almost always see? Moving Averages!
Many investors focus on these indictors solely as entry and exit points, so here's an easy to manipulate strategy to backtest and see if this is feasible on your security.
CODE VARIABLES
LINE 2 - Here you can change your currency and amount you want to invest on each entry.
LINE 8/9/10 - Here we establish the 50 (Fast), 100 (Medium) and 200 (Slow) day variables. These can be adjusted to your choosing.
LINE 13/14/15 - Here we establish what date we want to start backtesting from. Simple change the defval on each line to change the date (In the code below we start on Jan 1st, 2010).
LINE 20/23 - Here, within the crossover and crossunder functions, we set which MA's must cross to enter and exit a trade. Below we have the 50 day moving above and under the 200 day. Simple change the variables to FastMA, MediumMA and SlowMA to your choosing.
NOTE: As a beginner you may not want to short stock, therefore LINE 5 was added to only allow long positions.
Hope this helps, from one beginner to another.
Cheers!
PPO Divergence and Aggregate Signal ComboThis is a further development of the last two posts on aggregated signal generation. It shows how to implement the idea in conjunction with another indicator. In this case general rule for long and short entry: the aggregated curve (gray) must cross the mid-line. Colored columns serve as an early warning. Settings were tested with EURUSD in 5m, 30m and 1H TFs.
On Balance Volume +This is the standard On Balance Volume indicator, with the addition of four things:
10-SMA
20-SMA
100-SMA
Bollinger Bands
I have found intriguing and surprising results with this indicator.
I often see OBV bouncing off of the Moving Average lines, much like support and resistance points.
More interesting is the fact that it "obeys" the bollinger bands. Often times, if OBV sneaks outside of the Bollinger Band, it will almost always correct and get back in the next day.
I would recommend that you find your own method, and PLEASE post in the comments as to how you use this, but I'll tell you
How I use this indicator:
I usually use this on the daily view. I tend to wait until OBV has moved above the red 20-Day SMA before considering an entry. Below that doesn't show enough positive volume for me to identify enough interest in the security. Once it breaks the red SMA, I'll look at other indicators for confirmation. If price is above the Bollinger Band up above, and my OBV is above Bollinger Band, I will not buy. Also, if MACD is dropping, or if the Stochastic RSI is pegged out in overbought land, I won't buy that either.
If, however, I'm seeing good stuff from Stochastic RSI, RSI, MACD, and price BB, then I'll take a long entry at that OBV + 20SMA crossover.
If I'm in a long position and I see a few signals like the OBV is above the BB, and price is above BB, and StochRSI or RSI are in/near overbought land, I'll often sell that day, expecting a pullback on price.
I really like this one, it's been quite helpful in my trading. This is my first venture into using Volume for trading, and it's been good so far.
Leave me a note in the comments to tell me how it goes and how you use this thing!
NG [Wave Period Oscillator]The WPO is a short-term oscillator that measures the buying and selling period of price cycles over a certain time interval.
The leading oscillator indicates a rise in buying period when it moves above the zero line and a rise in selling period when it moves below the zero line.
Trading Tactics
Center line Crossover: a bullish center line crossover occurs when the WPO line moves above the zero level to turn positive.
A bearish center line crossover occurs when the WPO line moves below the zero level to turn negative.
When bulls are in control, the price rally begins and the average of the bull’s period T increases to drive the WPO line above the center line.
A buy signal is subsequently triggered.
When the bulls start to loose power, prices move sideways and the average period decreases. In this case, the WPO line may fl utter near the center line and cause false signals, whipsaws.
To avoid the whipsaws occurring on the center line, the following trading tactics are proposed:
Uptrend Tactic:
During an ideal uptrend, the WPO does not reach the lower boundary -2 and usually rebounds from a higher level than -2.
This means that the bulls have taken control earlier. Hence, a zero line crossover generates a buy signal. The WPO crosses the upper boundary at +2 then pulls back again below +2 to generate a sell signal.
Sideways Tactic:
During sideways, the WPO fluctuates between the lower and upper boundaries -2 and 2. This tactic is also used in an uptrend where corrections are strong enough to drive the WPO line below the lower boundary.
Downtrend Tactic:
During downtrends, the WPO fails to reach the upper boundary and oscillates between the 0 and -2 levels. The bears enter early indicating an obvious weakness in the market. Therefore, crossing the zero level generates a sell signal.
Exit at Weakness:
During uptrend reversals and downtrends, the WPO oscillates between the center line and the lower boundary -2. The bears are controlling the market and move in wide cycle periods while the bull’s strength is almost absent.
An exit signal is triggered once the WPO crosses -2. When prices decline, the WPO may cross its extreme lower boundary at -2.7. Therefore, a swift exit signal is triggered once the WPO crosses -2.
Re-Entry:
During uptrend, the WPO crosses down the upper boundary level at +2 to generate a sell signal. Yet, it does not reach the zero line and the oscillator moves back toward the upper boundary.
This case is considered as strength while a re-entry signal occurs at the +2 level crossover. The sell signal is generated when the WPO line crosses down the upper boundary.
Understanding contract sizes in a strategyThis simple strat fires up on green bars, down on red bars. cannot get any simpler. So, it's a good example to check how returns are calculated.
First, the internal firing mechanism for the strategy.entry function is something hardcore. As result, the entry points can be confusing, and seem to appear in a wrong bar (as the 2nd and 3rd signals are good examples), but i'll put that aside to keep it simple. And, because i don't yet get it myself ;)
The example is simple, so that numbers can be followed easy. Chart in BTC/USD, so USD is the "base" currency used by strat to calculate. A contract/unit is the value of 1 unit in base currency. 1 Apple share is 600$, 1 bitcoin is 600$, 1 oz gold is 1330 bucks. So, here in each bar, the value of 1 contract is the value of the BTC in USD. simple as that.
The strat properties, can be passed as input fields (line 2) or accessed/changed in the right click->properties pop-up. To make it easier, initial capital is 1000 bucks, and "order size" is 1 contract. This means that the strat will open a position of 1 BTC when it fires. Value "Initial capital" makes no difference at all, at least with these choices. It's just for show. Try to put 1$ and 1 contract, the strat will still trade anyway. It manages to trade 1 contract(or BTC) values at ~600$, with a single dollar. nice ;)
Check the chart. see the little blue "BarUp +1" ? that's it, strat goes long 1 BTC. there's a little blue triangle on the bar, points to the value of entry.
Then later, on second move, the "BarDn -2", the strat goes short 2BTC. 1BTC to close the long +1 more to open a short.
The profit here is the difference between the value of the long opening and the long closing. The extra BTC (shorted) is part of the next position. Since this dumb strat just reverses the direction, there are always +2, -2 , +2.... 1 to close previous position, 1 to open another. At the strategy tester tab, the option "list of trades" shows in details each of the moves
Checking each move and comparing what we see with the chart itself helps to achieve ilumination :)
Bonus feature: as soon as you get it, try to increase the option "pyramiding" and see how the strat adds more contracts, and how it reverses the positions. sometimes it even makes sense!!!! :)
EurUsd Momentum Heiken AshiEURUSD Monthly and Weekly indicator that measures the slope between open and close.
***Works best on Heiken Ashi-as it smooths out the lines.
-In essence, it is the same thing as Heiken Ashi but gives a better visual for entry beside "the candle is red so I should sell"
-Method For Entry:
**Look for a Higher Low to --->buy at indicator >=0
**Look for Lower High to ----->sell at indicator <=0
**Look at Heiken Ashi candle with support and resistance zones
**Draw trend-lines such as channels, pennants, etc..
Ichimoku-Hausky_v2.1Made a little update to my trading system. This system is made so that you can easily follow the trend and know when to get out. You still have to know basic market structure to find a good entry.
NB!! I see that i placed the entry wrong on the example, you have too wait for the EMA to go below the MA :)
I have posted the right one at the bottom.
Take profit can be set at last low or you can use trail stop on the EMA, MA, Kijun-sen or Tenkan-sen.
Example rules:
Buy:
IF Market is in a trend or are possibly close to break out of range
THEN see if price has closed above cloud
IF price has closed above cloud
THEN see if EMA has crossed above MA
IF EMA has crossed above MA
THEN buy or wait for pullback
Sell:
IF Market is in a trend or are possibly close to break out of range
THEN see if price has closed below cloud
IF price has closed below cloud
THEN see if EMA has crossed below MA
IF EMA has crossed below MA
THEN buy or wait for pullback
Vervoort Heiken-Ashi LongTerm Candlestick Oscillator [LazyBear]HACOLT (Heikin Ashi Candles Oscillator Long Term) is a technical indicator designed by Sylvain Vervoort. It is based on Mr.Vervoort's other indicator, HACO (Heikin-Ashi Candles Oscillator - posted here: ).
Optimized for long-term trading, HACOLT shows three levels: -1, 0 and 1. These levels suggest "an open short position", "no open position", and "an open long position", respectively. Passing from a certain level to another is viewed as a trading signal:
- Rising from -1 or 0 to 1 suggests a Long Entry and Short exit;
- Falling from 1 to 0 or -1 suggests a Long Exit;
- Falling from 1 or 0 to -1 indicates a Short Entry.
Fits in nicely with any trading setup as a confirmation indicator
More info:
- tlc.thinkorswim.com
- www.motivewave.com
List of my other indicators:
- GDoc: docs.google.com
- Chart:
Dynamic Support and Resistance with Trend LinesDynamic Support and Resistance with Trend Lines (DSRTL)
1. Introduction & Methodology
The DSRTL indicator is designed to provide a multidimensional analysis of market structure. Unlike traditional tools that rely solely on price pivots, this script combines Static Volume-based Zones with Dynamic Trend Lines to evaluate the price's position relative to critical market components.
The S/R Identification Technique
Instead of standard pivot points, DSRTL utilizes Volume Analysis to highlight areas of significant trader participation:
- Strategy A:
Matrix Climax: Identifies candles within the lookback period that are near price extremes (Highs/Lows) and coincide with significant buying or selling volume.
- Strategy B:
Volume Extremes: Detects candles with the absolute highest buy/sell volumes within the selected lookback window, creating extreme volume-based S/R zones.
- Result:
This creates Support/Resistance (S/R) zones that are validated by actual market activity, not just price geometry.
Dynamic Trend Lines
To complement the static zones, the indicator employs two adaptive channel methods:
- Pivot Span: Connects recent significant pivots for a fast, reactive trend corridor.
- 5-Point Channel: Segments the lookback period into 5 parts to perform a linear regression analysis, creating a stable and statistically significant channel.
2. Volume Calculation Methodology
Accurate S/R detection requires distinguishing Buy Volume from Sell Volume. DSRTL offers two calculation modes:
- Geometry (Source File): Estimates buy/sell volume based on the Close price's position relative to the High/Low of the candle.
Note: This is an approximation that works on all plan types as it does not require intrabar data.
- Intrabar (Precise): Analyzes historical lower-timeframe data (e.g., 15S) to calculate intrabar-based volume deltas with higher precision compared to the geometric method.
Note: This offers superior accuracy. It requires access to historical intrabar data (depending on your plan limits). For the best analytical results, use this mode if available.
3. The Smart Matrix Engine (3D Analysis)
The core of DSRTL is its dashboard, powered by the "Smart Matrix Engine." This engine evaluates the current price in a multi-layer market structure context (Static Volume Zones + Dynamic Channels + Volume Metrics).:
A. S-State (Static): Where is the price relative to the Volume S/R zones?
B. D-State (Dynamic): Where is the price relative to the Trend Channels?
How to read the Matrix Map:
The dashboard displays a 5x5 grid representing 25 possible market scenarios.
- Rows (S1-S5): Represent the Static State (S1=Breakout, S3=Mid-Range, S5=Breakdown).
- Columns (D1-D5): Represent the Dynamic State (D1=Overextended Up, D3=Neutral, D5=Overextended Down).
- Active Cell: Marked with a dot, indicating the specific intersection of price action and market structure.
4. Matrix Interpretations (The 25 Scenarios)
Below is the detailed logic for every possible state displayed on the dashboard, explaining the Title, Bias, and actionable Signal.
Section I: S1 - Static Breakout (Price > Static Resistance)
The price has cleared the static volume resistance zone.
- S1 / D1: HYPER EXTENSION
Bias: Extreme Bullish
Signal: Caution: Exhaustion Risk. Trail stops tight.
- S1 / D2: RESISTANCE CLASH
Bias: Bullish
Signal: Breakout confirmed but facing immediate dynamic resistance.
- S1 / D3: CHANNEL BREAKOUT
Bias: Strong Bullish
Signal: Ideal Trend Continuation. Look to buy dips.
- S1 / D4: SMART PULLBACK
Bias: Bullish (Pullback)
Signal: A pullback occurring after a breakout. Strong buy opportunity.
- S1 / D5: CONFLICT (DIV)
Bias: Conflict/Reversal
Signal: Major Divergence. Static breakout is failing against dynamic structure. High Risk.
Section II: S2 - Inside Static Resistance
The price is currently testing the overhead resistance zone.
- S2 / D1: WEAK SPIKE
Bias: Neutral/Bullish
Signal: Testing resistance, but short-term overextended.
- S2 / D2: IRON FORTRESS (R)
Bias: Rejection Risk
Signal: Double Resistance (Static + Dynamic). High probability of rejection.
- S2 / D3: TESTING RES
Bias: Neutral
Signal: Consolidating at resistance. Wait for a clear break or rejection.
- S2 / D4: COMPRESSION (UP)
Bias: Conflict (Squeeze)
Signal: Squeezed between Static Resistance and Dynamic Support. Volatility imminent.
- S2 / D5: RES vs DOWN-TREND
Bias: Bearish
Signal: Strong downtrend meeting static resistance. Potential Short entry.
Section III: S3 - Mid-Range
The price is floating between significant Static Support and Resistance.
- S3 / D1: OVERBOUGHT RANGE
Bias: Rejection Risk (OB)
Signal: Overextended within the range. Potential fade (short).
- S3 / D2: RANGE HIGH LIMIT
Bias: Neutral/Bearish
Signal: At the top of the dynamic channel. Look for rejection signs.
- S3 / D3: NEUTRAL / CHOPPY
Bias: Neutral
Signal: Dead Center. Low probability environment. Avoid trading.
- S3 / D4: RANGE DIP BUY
Bias: Neutral/Bullish
Signal: At the bottom of the dynamic channel. Look for bounce signs.
- S3 / D5: WEAK RANGE (OS)
Bias: Bounce Risk (OS)
Signal: Oversold within the range. Potential fade (long).
Section IV: S4 - Inside Static Support
The price is currently testing the floor support zone.
- S4 / D1: SUP vs UP-TREND
Bias: Bullish
Signal: Strong uptrend meeting static support. Potential Long entry.
- S4 / D2: COMPRESSION (DN)
Bias: Conflict (Squeeze)
Signal: Squeezed between Static Support and Dynamic Resistance. Volatility imminent.
- S4 / D3: TESTING SUPPORT
Bias: Neutral
Signal: Consolidating at support. Wait for a bounce or breakdown.
- S4 / D4: IRON FLOOR (S)
Bias: Bounce Risk
Signal: Double Support (Static + Dynamic). High probability of a bounce.
- S4 / D5: WEAK DIP
Bias: Neutral/Bearish
Signal: Testing support, but short-term oversold.
Section V: S5 - Static Breakdown (Price < Static Support)
The price has dropped below the static volume support zone.
- S5 / D1: CONFLICT (DIV)
Bias: Conflict/Reversal
Signal: Major Divergence. Static breakdown is failing. High Risk.
- S5 / D2: BEAR PULLBACK
Bias: Bearish (Pullback)
Signal: A pullback occurring after a breakdown. Strong selling opportunity.
- S5 / D3: CHANNEL BREAKDOWN
Bias: Strong Bearish
Signal: Ideal Trend Continuation (Down). Sell rallies.
- S5 / D4: SUPPORT CLASH
Bias: Bearish
Signal: Breakdown confirmed but facing immediate dynamic support.
- S5 / D5: HYPER DROP (VOID)
Bias: Extreme Bearish
Signal: Caution: Climax risk. Trail stops for shorts.
DISCLAIMER & EDUCATIONAL PURPOSE
This indicator is strictly an educational tool designed to visualize complex market structure concepts. Its primary purpose is to help traders "bridge the gap" between academic theory and real-time market behavior by providing a visual representation of support, resistance, and volume dynamics.
Please Note:
1. Not a Trading Strategy: This script is an analytical assistant, not a standalone "Black Box" trading system. It does not generate buy or sell signals that should be followed blindly.
2. No Financial Advice: The data provided by this tool is for informational purposes only. It is not a recommendation to buy or sell any asset.
3. Risk Warning: Trading involves significant risk. Always use your own judgment, perform your own technical analysis, and use proper risk management. Do not use this tool as the sole basis for your trading decisions.
4. Data Precision & Platform Limits: The "Intrabar (Precise)" calculation mode relies on high-resolution historical data to provide exact results. Access to this specific data depth depends entirely on your platform's subscription capabilities. If your plan does not support this level of historical intrabar data, the Precise mode may have limited coverage. In that case, you should switch to "Geometry" mode for a fully populated view.
The Strat Lite [rdjxyz]◆ OVERVIEW
The Strat Lite is a stripped down version of the Strat Assistant indicator by rickyzcarroll—focusing on visual simplicity and script performance. If you're new to The Strat, you may prefer the Strat Assistant as a learning aid.
◇ FEATURES REMOVED FROM THE ORIGINAL SCRIPT
Candle Numbering & Up/Down Arrows
Previous Week High & Low Lines
Previous Day High & Low Lines
Action Wick Percentage
Actionable Signals Plot
Strat Combo Plots
Extensive Alerts
◇ FEATURES KEPT FROM THE ORIGINAL SCRIPT
Full Timeframe Continuity
Candle Coloring
◇ FEATURES ADDED TO THE ORIGINAL SCRIPT
Failed 2 Down Classification
Failed 2 Up Classification
◆ DETAILS
The Strat is a trading methodology developed by Rob Smith that offers an objective approach to trading by focusing on the 3 universal scenarios regarding candle behavior:
SCENARIO ONE
The 1 Bar - Inside Bar: A candle that doesn't take out the highs or the lows of the previous candle; aka consolidation.
These are shown as gray candles by default.
SCENARIO TWO
The 2 Bar - Directional Bar: A candle that takes out one side of the previous candle; aka trending (or at least attempting to trend).
SCENARIO THREE
The 3 Bar - Outside Bar: A candle that takes out both sides of the previous candle; aka broadening formation.
In addition to Rob's 3 universal scenarios, this indicator identifies two variations of 2 bars:
Failed 2 up: A candle that takes out the high of the previous candle but closes bearish.
Failed 2 down: A candle that takes out the low of the previous candle but closes bullish.
◆ SETTINGS
◇ INPUTS
FTC (FULL TIMEFRAME CONTINUITY)
Show/hide FTC plots
Offset FTC plots from current bar
◇ STYLE
STRAT COLORS
Color 0 (Failed 2 Up) - Default is fuchsia
Color 1 (Failed 2 Down) - Default is teal
Color 2 (Inside 1) - Default is gray
Color 3 (Outside 3) - Default is dark purple
Color 4 (2 up) - Default is aqua
Color 5 (2 down) - Default is white
◆ USAGE
It's recommended to use The Strat Lite with a top down analysis so you can find lower timeframe positions with higher timeframe context.
◇ TOP DOWN ANALYSIS
MONTHLY LEVELS
Starting on a monthly chart, the previous month's high and low are manually plotted.
WEEKLY LEVELS
Dropping down to a weekly chart, the previous week's high and low are manually plotted.
DAILY LEVELS
Dropping down to a daily chart, the previous day's high and low are manually plotted.
12H LEVELS
Dropping down to a 12h chart, the previous 12h's high and low are manually plotted.
ANALYSIS
The monthly low was broken, creating a lower low (aka a broadening formation), signalling potential exhaustion risk, which can be a catalyst for reversals. The daily candle that tested the monthly low closed as a Failed 2 Down—potentially an early sign of a reversal. With these 2 confluences, it's reasonable to expect the next daily candle to be a 2 Up. Now it's time to look for a lower timeframe entry.
◇ LOWER TIMEFRAME POSITION
HOURLY PRICE ACTION
Dropping down to an hourly chart, we're anticipating a 2 Up on the daily timeframe, so we're looking for a bullish pattern to enter a position long. I personally like the 6:00 AM UTC-5 hourly candle, as it's the midpoint of the day (for futures).
In this specific example, we see the opening gap was filled and there's a potential 2-1-2 bullish reversal set up.
At this point, price can either do one of 5 things:
Form another 1 (inside) candle
Form a 2 up (directional) candle
Form a 2 down (directional) candle
Form a 2 up, fail, and potentially flip to form a bearish 3 (outside) candle
Form a 2 down, fail, and potentially flip to form a bullish 3 (outside) candle
Knowing the finite potential outcomes helps us set up our positions, manage them accordingly, and flip bias if needed.
POSITION SETUP
Here we can set up a position long AND short. To go long, we set a buy stop at the 1h high and stop loss just below the 50% level of the inside candle; to go short, we set a sell stop at 1h low and stop loss just above the 50% level of the inside candle.
If the short gets triggered first, we can wait for price to move in our favor before cancelling the buy order. If the short becomes a failed 2 down, potentially reversing to become a bullish 3, we can either wait for the stop loss to trigger and for the long position to trigger OR we can move the buy stop to our short stop loss and move the long stop loss to the low of the 1h candle.
POSITION REFINEMENT
For an even tighter risk-to-reward, we can drop to a lower timeframe and look for setups that would be an early trigger of the 1h entry. Just know, the lower you go the more noise there is—increasing risk of getting stopped out before the 1h trigger.
Above are 30m refined entries.
In this example, the long buy stop was triggered. It closed bullish, so the sell stop order can be cancelled.
◇ TARGETS & POSITION MANAGEMENT
TARGETS
These depend on whether you intend to scalp, day trade, or swing trade, but targets are typically the highs of previous candles (when bullish) and lows of previous candles (when bearish). It's advised to be cautious of swing pivots as there's a risk of exhaustion and reversal at these levels.
In this example, the nearest target was the previous 12h high and the next target was the previous day high; if you're a swing trader, you could target previous week's high and previous month's high.
POSITION MANAGEMENT
This largely depends on your risk tolerance, but it's common to either:
Move stop loss slightly into profit
Trail stop loss behind higher highs (bullish) or lower lows (bearish)
Scale out of positions at potential pivot points, leaving a runner
Scale into positions on pullbacks on the way to target
◆ WRAP UP
As demonstrated, The Strat Lite offers a stripped down version of the Strat Assistant—making it visually simple for more experienced Strat traders. By following a top-down approach with The Strat methodology, you can find high probability setups and manage risk with relative ease.
◆ DISCLAIMER
This indicator is a tool for visual analysis and is intended to assist traders who follow The Strat methodology. As with any trading methodology, there's no guarantee of profits; trading involves a high degree of risk and you could lose all of your invested capital. The example shown is of past performance and is not indicative of future results and does not constitute and should not be construed as investment advice. All trading decisions and investments made by you are at your own discretion and risk. Under no circumstances shall the author be liable for any direct, indirect, or incidental damages. You should only risk capital you can afford to lose.
NSF/NBF Boxes📘 NSF / NBF Extended Boxes (Wyckoff–VSA Smart Zones)
This indicator automatically detects No Supply (NSF) and No Buying / No Demand (NBF) bars using Wyckoff–VSA principles and marks them with extended boxes and a dashed 50% midline.
🟢 NSF (No Supply) — Bullish accumulation signal
🔴 NBF (No Demand) — Bearish distribution signal
Each box extends forward in time to highlight key supply/demand zones, while the dashed midline represents the equilibrium level within that bar.
When price later retests this 50% level, the script triggers a visual marker and an alert condition, helping you spot potential reversals or continuation confirmations.
🧠 Core Features
Automatic detection of No Supply / No Demand bars
Extended boxes with adjustable length and auto-extension
Midline (50%) retest alerts for precise trade timing
Optional EMA trend filter, volume check, and close bias
Works even on symbols without volume data (crypto, indices, FX)
“Test Mode” included for easy visualization and debugging
⚙️ Usage Tips
Use on 5m–4h charts for crypto or stocks to spot professional activity.
Combine with Wyckoff, VSA, or Smart Money Concepts to confirm accumulation/distribution phases.
Look for NSF retests near support in a downtrend → possible long entry.
Look for NBF retests near resistance in an uptrend → possible short entry.
🧩 Parameters
Ignore Volume: disables volume filters for markets with missing data
Use EMA Trend Filter: only confirm signals in direction of trend
Auto-extend Boxes: keeps zones projecting into future bars
Retest Alerts: triggers when price touches midline after formation
💡 Author’s Note
This tool visualizes the often-hidden behavior of smart money absorption and weak demand exhaustion.
Use it as part of a complete trading plan — not as a standalone buy/sell signal
