Multiple Naked LevelsPURPOSE OF THE INDICATOR
This indicator autogenerates and displays naked levels and gaps of multiple types collected into one simple and easy to use indicator.
VALUE PROPOSITION OF THE INDICATOR AND HOW IT IS ORIGINAL AND USEFUL
1) CONVENIENCE : The purpose of this indicator is to offer traders with one coherent and robust indicator providing useful, valuable, and often used levels - in one place.
2) CLUSTERS OF CONFLUENCES : With this indicator it is easy to identify levels and zones on the chart with multiple confluences increasing the likelihood of a potential reversal zone.
THE TYPES OF LEVELS AND GAPS INCLUDED IN THE INDICATOR
The types of levels include the following:
1) PIVOT levels (Daily/Weekly/Monthly) depicted in the chart as: dnPIV, wnPIV, mnPIV.
2) POC (Point of Control) levels (Daily/Weekly/Monthly) depicted in the chart as: dnPoC, wnPoC, mnPoC.
3) VAH/VAL STD 1 levels (Value Area High/Low with 1 std) (Daily/Weekly/Monthly) depicted in the chart as: dnVAH1/dnVAL1, wnVAH1/wnVAL1, mnVAH1/mnVAL1
4) VAH/VAL STD 2 levels (Value Area High/Low with 2 std) (Daily/Weekly/Monthly) depicted in the chart as: dnVAH2/dnVAL2, wnVAH2/wnVAL2, mnVAH1/mnVAL2
5) FAIR VALUE GAPS (Daily/Weekly/Monthly) depicted in the chart as: dnFVG, wnFVG, mnFVG.
6) CME GAPS (Daily) depicted in the chart as: dnCME.
7) EQUILIBRIUM levels (Daily/Weekly/Monthly) depicted in the chart as dnEQ, wnEQ, mnEQ.
HOW-TO ACTIVATE LEVEL TYPES AND TIMEFRAMES AND HOW-TO USE THE INDICATOR
You can simply choose which of the levels to be activated and displayed by clicking on the desired radio button in the settings menu.
You can locate the settings menu by clicking into the Object Tree window, left-click on the Multiple Naked Levels and select Settings.
You will then get a menu of different level types and timeframes. Click the checkboxes for the level types and timeframes that you want to display on the chart.
You can then go into the chart and check out which naked levels that have appeared. You can then use those levels as part of your technical analysis.
The levels displayed on the chart can serve as additional confluences or as part of your overall technical analysis and indicators.
In order to back-test the impact of the different naked levels you can also enable tapped levels to be depicted on the chart. Do this by toggling the 'Show tapped levels' checkbox.
Keep in mind however that Trading View can not shom more than 500 lines and text boxes so the indocator will not be able to give you the complete history back to the start for long duration assets.
In order to clean up the charts a little bit there are two additional settings that can be used in the Settings menu:
- Selecting the price range (%) from the current price to be included in the chart. The default is 25%. That means that all levels below or above 20% will not be displayed. You can set this level yourself from 0 up to 100%.
- Selecting the minimum gap size to include on the chart. The default is 1%. That means that all gaps/ranges below 1% in price difference will not be displayed on the chart. You can set the minimum gap size yourself.
BASIC DESCRIPTION OF THE INNER WORKINGS OF THE INDICTATOR
The way the indicator works is that it calculates and identifies all levels from the list of levels type and timeframes above. The indicator then adds this level to a list of untapped levels.
Then for each bar after, it checks if the level has been tapped. If the level has been tapped or a gap/range completely filled, this level is removed from the list so that the levels displayed in the end are only naked/untapped levels.
Below is a descrition of each of the level types and how it is caluclated (algorithm):
PIVOT
Daily, Weekly and Monthly levels in trading refer to significant price points that traders monitor within the context of a single trading day. These levels can provide insights into market behavior and help traders make informed decisions regarding entry and exit points.
Traders often use D/W/M levels to set entry and exit points for trades. For example, entering long positions near support (daily close) or selling near resistance (daily close).
Daily levels are used to set stop-loss orders. Placing stops just below the daily close for long positions or above the daily close for short positions can help manage risk.
The relationship between price movement and daily levels provides insights into market sentiment. For instance, if the price fails to break above the daily high, it may signify bearish sentiment, while a strong breakout can indicate bullish sentiment.
The way these levels are calculated in this indicator is based on finding pivots in the chart on D/W/M timeframe. The level is then set to previous D/W/M close = current D/W/M open.
In addition, when price is going up previous D/W/M open must be smaller than previous D/W/M close and current D/W/M close must be smaller than the current D/W/M open. When price is going down the opposite.
POINT OF CONTROL
The Point of Control (POC) is a key concept in volume profile analysis, which is commonly used in trading.
It represents the price level at which the highest volume of trading occurred during a specific period.
The POC is derived from the volume traded at various price levels over a defined time frame. In this indicator the timeframes are Daily, Weekly, and Montly.
It identifies the price level where the most trades took place, indicating strong interest and activity from traders at that price.
The POC often acts as a significant support or resistance level. If the price approaches the POC from above, it may act as a support level, while if approached from below, it can serve as a resistance level. Traders monitor the POC to gauge potential reversals or breakouts.
The way the POC is calculated in this indicator is by an approximation by analysing intrabars for the respective timeperiod (D/W/M), assigning the volume for each intrabar into the price-bins that the intrabar covers and finally identifying the bin with the highest aggregated volume.
The POC is the price in the middle of this bin.
The indicator uses a sample space for intrabars on the Daily timeframe of 15 minutes, 35 minutes for the Weekly timeframe, and 140 minutes for the Monthly timeframe.
The indicator has predefined the size of the bins to 0.2% of the price at the range low. That implies that the precision of the calulated POC og VAH/VAL is within 0.2%.
This reduction of precision is a tradeoff for performance and speed of the indicator.
This also implies that the bigger the difference from range high prices to range low prices the more bins the algorithm will iterate over. This is typically the case when calculating the monthly volume profile levels and especially high volatility assets such as alt coins.
Sometimes the number of iterations becomes too big for Trading View to handle. In these cases the bin size will be increased even more to reduce the number of iterations.
In such cases the bin size might increase by a factor of 2-3 decreasing the accuracy of the Volume Profile levels.
Anyway, since these Volume Profile levels are approximations and since precision is traded for performance the user should consider the Volume profile levels(POC, VAH, VAL) as zones rather than pin point accurate levels.
VALUE AREA HIGH/LOW STD1/STD2
The Value Area High (VAH) and Value Area Low (VAL) are important concepts in volume profile analysis, helping traders understand price levels where the majority of trading activity occurs for a given period.
The Value Area High/Low is the upper/lower boundary of the value area, representing the highest price level at which a certain percentage of the total trading volume occurred within a specified period.
The VAH/VAL indicates the price point above/below which the majority of trading activity is considered less valuable. It can serve as a potential resistance/support level, as prices above/below this level may experience selling/buying pressure from traders who view the price as overvalued/undervalued
In this indicator the timeframes are Daily, Weekly, and Monthly. This indicator provides two boundaries that can be selected in the menu.
The first boundary is 70% of the total volume (=1 standard deviation from mean). The second boundary is 95% of the total volume (=2 standard deviation from mean).
The way VAH/VAL is calculated is based on the same algorithm as for the POC.
However instead of identifying the bin with the highest volume, we start from range low and sum up the volume for each bin until the aggregated volume = 30%/70% for VAL1/VAH1 and aggregated volume = 5%/95% for VAL2/VAH2.
Then we simply set the VAL/VAH equal to the low of the respective bin.
FAIR VALUE GAPS
Fair Value Gaps (FVG) is a concept primarily used in technical analysis and price action trading, particularly within the context of futures and forex markets. They refer to areas on a price chart where there is a noticeable lack of trading activity, often highlighted by a significant price movement away from a previous level without trading occurring in between.
FVGs represent price levels where the market has moved significantly without any meaningful trading occurring. This can be seen as a "gap" on the price chart, where the price jumps from one level to another, often due to a rapid market reaction to news, events, or other factors.
These gaps typically appear when prices rise or fall quickly, creating a space on the chart where no transactions have taken place. For example, if a stock opens sharply higher and there are no trades at the prices in between the two levels, it creates a gap. The areas within these gaps can be areas of liquidity that the market may return to “fill” later on.
FVGs highlight inefficiencies in pricing and can indicate areas where the market may correct itself. When the market moves rapidly, it may leave behind price levels that traders eventually revisit to establish fair value.
Traders often watch for these gaps as potential reversal or continuation points. Many traders believe that price will eventually “fill” the gap, meaning it will return to those price levels, providing potential entry or exit points.
This indicator calculate FVGs on three different timeframes, Daily, Weekly and Montly.
In this indicator the FVGs are identified by looking for a three-candle pattern on a chart, signalling a discrete imbalance in order volume that prompts a quick price adjustment. These gaps reflect moments where the market sentiment strongly leans towards buying or selling yet lacks the opposite orders to maintain price stability.
The indicator sets the gap to the difference from the high of the first bar to the low of the third bar when price is moving up or from the low of the first bar to the high of the third bar when price is moving down.
CME GAPS (BTC only)
CME gaps refer to price discrepancies that can occur in charts for futures contracts traded on the Chicago Mercantile Exchange (CME). These gaps typically arise from the fact that many futures markets, including those on the CME, operate nearly 24 hours a day but may have significant price movements during periods when the market is closed.
CME gaps occur when there is a difference between the closing price of a futures contract on one trading day and the opening price on the following trading day. This difference can create a "gap" on the price chart.
Opening Gaps: These usually happen when the market opens significantly higher or lower than the previous day's close, often influenced by news, economic data releases, or other market events occurring during non-trading hours.
Gaps can result from reactions to major announcements or developments, such as earnings reports, geopolitical events, or changes in economic indicators, leading to rapid price movements.
The importance of CME Gaps in Trading is the potential for Filling Gaps: Many traders believe that prices often "fill" gaps, meaning that prices may return to the gap area to establish fair value.
This can create potential trading opportunities based on the expectation of gap filling. Gaps can act as significant support or resistance levels. Traders monitor these levels to identify potential reversal points in price action.
The way the gap is identified in this indicator is by checking if current open is higher than previous bar close when price is moving up or if current open is lower than previous day close when price is moving down.
EQUILIBRIUM
Equilibrium in finance and trading refers to a state where supply and demand in a market balance each other, resulting in stable prices. It is a key concept in various economic and trading contexts. Here’s a concise description:
Market Equilibrium occurs when the quantity of a good or service supplied equals the quantity demanded at a specific price level. At this point, there is no inherent pressure for the price to change, as buyers and sellers are in agreement.
Equilibrium Price is the price at which the market is in equilibrium. It reflects the point where the supply curve intersects the demand curve on a graph. At the equilibrium price, the market clears, meaning there are no surplus goods or shortages.
In this indicator the equilibrium level is calculated simply by finding the midpoint of the Daily, Weekly, and Montly candles respectively.
NOTES
1) Performance. The algorithms are quite resource intensive and the time it takes the indicator to calculate all the levels could be 5 seconds or more, depending on the number of bars in the chart and especially if Montly Volume Profile levels are selected (POC, VAH or VAL).
2) Levels displayed vs the selected chart timeframe. On a timeframe smaller than the daily TF - both Daily, Weekly, and Monthly levels will be displayed. On a timeframe bigger than the daily TF but smaller than the weekly TF - the Weekly and Monthly levels will be display but not the Daily levels. On a timeframe bigger than the weekly TF but smaller than the monthly TF - only the Monthly levels will be displayed. Not Daily and Weekly.
CREDITS
The core algorithm for calculating the POC levels is based on the indicator "Naked Intrabar POC" developed by rumpypumpydumpy (https:www.tradingview.com/u/rumpypumpydumpy/).
The "Naked intrabar POC" indicator calculates the POC on the current chart timeframe.
This indicator (Multiple Naked Levels) adds two new features:
1) It calculates the POC on three specific timeframes, the Daily, Weekly, and Monthly timeframes - not only the current chart timeframe.
2) It adds functionaly by calculating the VAL and VAH of the volume profile on the Daily, Weekly, Monthly timeframes .
ابحث في النصوص البرمجية عن "fair value gap"
Macros ICT KillZones [TradingFinder] Times & Price Trading Setup🔵 Introduction
ICT Macros, developed by Michael Huddleston, also known as ICT (Inner Circle Trader), is a powerful trading tool designed to help traders identify the best trading opportunities during key time intervals like the London and New York trading sessions.
For traders aiming to capitalize on market volatility, liquidity shifts, and Fair Value Gaps (FVG), understanding and using these critical time zones can significantly improve trading outcomes.
In today’s highly competitive financial markets, identifying the moments when the market is seeking buy-side or sell-side liquidity, or filling price imbalances, is essential for maximizing profitability.
The ICT Macros indicator is built on the renowned ICT time and price theory, which enables traders to track and leverage key market dynamics such as breaks of highs and lows, imbalances, and liquidity hunts.
This indicator automatically detects crucial market times and optimizes strategies for traders by highlighting the specific moments when price movements are most likely to occur. A standout feature of ICT Macros is its automatic adjustment for Daylight Saving Time (DST), ensuring that traders remain synced with the correct session times.
This means you can rely on accurate market timing without the need for manual updates, allowing you to focus on capturing profitable trades during critical timeframes.
🔵 How to Use
The ICT Macros indicator helps you capitalize on trading opportunities during key market moments, particularly when the market is breaking highs or lows, filling Fair Value Gaps (FVG), or addressing imbalances. This indicator is particularly beneficial for traders who seek to identify liquidity, market volatility, and price imbalances.
🟣 Sessions
London Sessions
London Macro 1 :
UTC Time : 06:33 to 07:00
New York Time : 02:33 to 03:00
London Macro 2 :
UTC Time : 08:03 to 08:30
New York Time : 04:03 to 04:30
New York Sessions
New York Macro AM 1 :
UTC Time : 12:50 to 13:10
New York Time : 08:50 to 09:10
New York Macro AM 2 :
UTC Time : 13:50 to 14:10
New York Time : 09:50 to 10:10
New York Macro AM 3 :
UTC Time : 14:50 to 15:10
New York Time : 10:50 to 11:10
New York Lunch Macro :
UTC Time : 15:50 to 16:10
New York Time : 11:50 to 12:10
New York PM Macro :
UTC Time : 17:10 to 17:40
New York Time : 13:10 to 13:40
New York Last Hour Macro :
UTC Time : 19:15 to 19:45
New York Time : 15:15 to 15:45
These time intervals adjust automatically based on Daylight Saving Time (DST), helping traders to enter or exit trades during key market moments when price volatility is high.
Below are the main applications of this tool and how to incorporate it into your trading strategies :
🟣 Combining ICT Macros with Trading Strategies
The ICT Macros indicator can easily be used in conjunction with various trading strategies. Two well-known strategies that can be combined with this indicator include:
ICT 2022 Trading Model : This model is designed based on identifying market liquidity, structural price changes, and Fair Value Gaps (FVG). By using ICT Macros, you can identify the key time intervals when the market is seeking liquidity, filling imbalances, or breaking through important highs and lows, allowing you to enter or exit trades at the right moment.
Silver Bullet Strategy : This strategy, which is built around liquidity hunting and rapid price movements, can work more accurately with the help of ICT Macros. The indicator pinpoints precise liquidity times, helping traders take advantage of market shifts caused by filling Fair Value Gaps or correcting imbalances.
🟣 Capitalizing on Price Volatility During Key Times
Large market algorithms often seek liquidity or fill Fair Value Gaps (FVG) during the intervals marked by ICT Macros. These periods are when price volatility increases, and traders can use these moments to enter or exit trades.
For example, if sell-side liquidity is drained and the market fills an imbalance, the price might move toward buy-side liquidity. By identifying these moments, which may also involve breaking a previous high or low, you can leverage rapid market fluctuations to your advantage.
🟣 Identifying Liquidity and Price Imbalances
One of the important uses of ICT Macros is identifying points where the market is seeking liquidity and correcting imbalances. You can determine high or low liquidity levels in the market before each ICT Macro, as well as Fair Value Gaps (FVG) and price imbalances that need to be filled, using them to adjust your trading strategy. This capability allows you to manage trades based on liquidity shifts or imbalance corrections without needing a bias toward a specific direction.
🔵 Settings
The ICT Macros indicator offers various customization options, allowing users to tailor it to their specific needs. Below are the main settings:
Time Zone Mode : You can select one of the following options to define how time is displayed:
UTC : For traders who need to work with Universal Time.
Session Local Time : The local time corresponding to the London or New York markets.
Your Time Zone : You can specify your own time zone (e.g., "UTC-4:00").
Your Time Zone : If you choose "Your Time Zone," you can set your specific time zone. By default, this is set to UTC-4:00.
Show Range Time : This option allows you to display the time range of each session on the chart. If enabled, the exact start and end times of each interval are shown.
Show or Hide Time Ranges : Toggle on/off for visual clarity depending on user preference.
Custom Colors : Set distinct colors for each session, allowing users to personalize their chart based on their trading style.These settings allow you to adjust the key time intervals of each trading session to your preference and customize the time format according to your own needs.
🔵 Conclusion
The ICT Macros indicator is a powerful tool for traders, helping them to identify key time intervals where the market seeks liquidity or fills Fair Value Gaps (FVG), corrects imbalances, and breaks highs or lows. This tool is especially valuable for traders using liquidity-based strategies such as ICT 2022 or Silver Bullet.
One of the key features of this indicator is its support for Daylight Saving Time (DST), ensuring you are always in sync with the correct trading session timings without manual adjustments. This is particularly beneficial for traders operating across different time zones.
With ICT Macros, you can capitalize on crucial market opportunities during sensitive times, take advantage of imbalances, and enhance your trading strategies based on market volatility, liquidity shifts, and Fair Value Gaps.
FVG Sessions [LuxAlgo]The FVG Sessions indicator highlights the first fair value gap of the trading session as well as the session range. Detected fair value gaps extend to the end of the trading session.
Alerts are included on the formation of a session fair value gap, price being within a session fair value gap, mitigations, and price crossing session fair value gaps average.
🔶 USAGE
Trader ICT states that the first fair value gap of the trading session can attract the most significant reaction. Having only one FVG per session allows users to further focus on that precise imbalance as well as external elements.
The mitigation of a fair value gap is clearly indicated on the chart with a more transparent color allowing users to see inverse FVGs.
Extending the fair value gaps allows the imbalance area to provide potential support and resistance.
Do note that this script should be used on intraday charts.
🔶 ALERTS
The script includes the following alerts:
🔹 Bullish/Bearish FVG
Alerts on the formation of the first bullish or bearish FVG of the session.
🔹 Bullish/Bearish FVG Mitigation
Alerts when the first bullish or bearish FVG of the session is mitigated.
🔹 Price Within FVG
Alerts when price is within the first bullish or bearish FVG area of the session.
🔹 Price Cross FVG Average
Alerts when price cross the average level of the first bullish or bearish FVG of the session.
Every Hour 1st/Last FVG vTDL OVERVIEW - Shoutout to Micheal J. Huddleston aka ICT
This indicator identifies the first Fair Value Gap (FVG) that forms within each trading hour, providing traders with potential entry zones, reversal points, and unmitigated gap targets. Based on the concept that the first presented FVG of each hour represents a significant price delivery array where institutional order flow occurred.
The indicator detects FVGs on a lower timeframe (1-minute default) and displays them as boxes on your chart, tracking which gaps get filled and which remain open as potential draw-on-liquidity targets.
WHAT IS A FAIR VALUE GAP
A Fair Value Gap is a 3-candle price pattern representing an imbalance between buyers and sellers:
Bullish FVG: Forms when candle 3's low is above candle 1's high, leaving a gap
Bearish FVG: Forms when candle 3's high is below candle 1's low, leaving a gap
These gaps often act as magnets for price, which tends to return and "fill" the imbalance before continuing. They function as dynamic support and resistance zones.
KEY FEATURES
Detection Types
FVG: Standard fair value gap detection with volume imbalance expansion
Suspension FVG Blocks: Requires outside prints on both sides for more refined signals
Hourly Display Modes
First Only: Shows whichever FVG appears first each hour (bullish or bearish)
Show Both: Shows first bullish AND first bearish FVG independently each hour
Last FVG Tracking
Optionally display the last FVG of each hour
Useful for comparing how the hour developed
Can extend into the next hour for continued tracking
Breakaway Gap Detection
Gaps not traded into during their formation hour extend forward
Extended gaps display labels showing formation time and date
These unmitigated gaps become price targets and reversal zones
Gap Fill Modes
Touch Box: Marks filled when price enters the gap
Touch Midpoint: Marks filled when price reaches the 50 percent level
Fill Completely: Marks filled when price fills the entire gap with visual progress
HOW TO USE
Entry Points
The first FVG of each hour provides potential entry zones based on price reaction:
When price returns to an FVG and shows rejection, enter in the direction of rejection
The gap zone represents where institutional orders likely reside
Use the boundaries of the gap for stop loss placement
A clean rejection of the zone confirms it as valid support or resistance
Reversal Points
Unmitigated gaps that extend beyond their formation hour are high-probability reaction zones:
Extended boxes with labels indicate unfilled gaps
When price finally reaches these zones, expect a reaction
The longer a gap remains unfilled, the stronger the expected response
These zones act as magnets drawing price back to them
Price Targets
Use unmitigated gaps as draw-on-liquidity targets:
Look for extended boxes above or below current price
Price tends to seek out and fill imbalances
The midpoint line often serves as a minimum target
Multiple unfilled gaps in one direction suggest strong momentum potential
FRAMING DIRECTIONAL BIAS
The first presented FVG of each hour acts as a support or resistance zone. The direction of the FVG itself does not determine bias - it is how price reacts to that FVG that reveals the true market intention.
Reading Price Reaction
Price respects a bullish FVG as support and bounces higher = bullish bias confirmed
Price respects a bearish FVG as resistance and rejects lower = bearish bias confirmed
Price fails to hold a bullish FVG and breaks through = potential inversion, look for shorts
Price fails to hold a bearish FVG and breaks through = potential inversion, look for longs
Inversion Fair Value Gaps (IFVG)
When price trades through an FVG and closes beyond it, that gap can invert its role:
A bullish FVG that fails becomes resistance - use it as a short entry zone
A bearish FVG that fails becomes support - use it as a long entry zone
The inversion signals a shift in control from one side to the other
Watch for price to retest the inverted gap before continuing
Support and Resistance Framework
Think of each hourly first FVG as a key level:
Price above the FVG: the gap acts as potential support
Price below the FVG: the gap acts as potential resistance
Watch how price behaves when it returns to the gap zone
A clean rejection confirms the level; a break through signals inversion
SHORT-TERM SCALPING APPLICATION
These FVGs provide scalping opportunities each hour:
Identify the first FVG of the hour as your key level
Wait for price to trade away from it and return
Observe the reaction at the gap zone
Enter in the direction of the reaction with tight risk
Target the next FVG, midpoint, or nearby liquidity
Trade Management
Use the opposite side of the FVG box as your stop loss zone
The midpoint of the gap often provides first target or decision point
Scale out at nearby unmitigated gaps or key levels
If the gap inverts, flip your bias and look for entries in the new direction
MULTI-HOUR CONTEXT
If price consistently respects FVGs as support across hours = uptrend context
If price consistently respects FVGs as resistance across hours = downtrend context
If FVGs keep inverting = choppy or transitional market
Use higher timeframe direction to filter which reactions to trade
Compare first and last FVG of each hour to see how momentum developed
SESSION FILTERING
The indicator automatically excludes unreliable periods:
4 PM to 5 PM New York time (market close hours 16-17)
Weekend closed periods (Saturday and Sunday before 6 PM)
All timestamps use New York timezone for consistency with futures market hours.
SETTINGS GUIDE
Detection Settings
Detection Type: Choose between standard FVG or Suspension FVG Blocks
Lower Timeframe: 15 seconds, 1 minute, or 5 minutes for gap detection
Min FVG Size: Minimum gap size in ticks to filter noise
Display Settings
Hourly Display Mode: First Only shows one gap per hour; Show Both shows first bull and bear
Show First FVG: Toggle visibility of first FVG boxes
Show Last FVG: Toggle visibility of last FVG boxes
Show Midpoint Lines: Display the 50 percent level of each gap
Show Unfilled Breakaway Gaps: Extend boxes until price fills them
Show Only Today: Reduce clutter by hiding older hourly boxes
Gap Fill Detection Mode
Touch Box: Gap marked filled when price enters the zone
Touch Midpoint: Gap marked filled when price reaches 50 percent level
Fill Completely: Gap marked filled only when fully closed, shows visual fill progress
Recommended Settings by Style
Scalping: 1 minute LTF, 4 tick minimum, Show Both mode, Touch Box fill
Day Trading: 1 minute LTF, 4-8 tick minimum, First Only mode, Touch Midpoint fill
Swing Context: 5 minute LTF, Show Unfilled Gaps enabled, Fill Completely mode
COLOR CODING
Blue boxes: First bullish FVG of the hour
Red boxes: First bearish FVG of the hour
Green boxes: Last bullish FVG of the hour
Orange boxes: Last bearish FVG of the hour
Black midpoint lines: 50 percent level of each gap
Filled portion overlay: Shows visual progress in Fill Completely mode
All colors are fully customizable in the settings menu.
PRACTICAL TIPS
The first FVG of each hour is a hidden PD array - treat it as a significant level
Not every gap produces a tradeable reaction - wait for confirmation
Gaps that remain unfilled for multiple hours carry more weight
Use the Show Both mode to see both bullish and bearish opportunities each hour
When multiple gaps cluster in one zone, that area becomes even more significant
Inversions are powerful signals - a failed level often leads to acceleration
NOTES
Works on any instrument and timeframe
Best used on intraday charts (1 minute to 15 minute) viewing 1 minute LTF gaps
Combine with higher timeframe analysis for confluence
These are probability zones, not guarantees - always use proper risk management
The indicator handles HTF to LTF data fetching automatically
IFVG by Toño# IFVG by Toño - Pine Script Indicator
## Overview
This Pine Script indicator identifies and visualizes **Fair Value Gaps (FVG)** and **Inverted Fair Value Gaps (IFVG)** on trading charts. It provides advanced analysis of price inefficiencies and their subsequent inversions when mitigated.
## Key Features
### 1. Fair Value Gap (FVG) Detection
- **Bullish FVG**: Detected when `low > high ` (gap between current low and high of 2 bars ago)
- **Bearish FVG**: Detected when `high < low ` (gap between current high and low of 2 bars ago)
- Visual representation using colored rectangles (green for bullish, red for bearish)
### 2. Inverted Fair Value Gap (IFVG) Creation
- **IFVG Formation**: When a FVG gets mitigated (price fills the gap with candle body), an IFVG is created
- **Color Inversion**: The IFVG takes the opposite color of the original FVG
- Mitigated bullish FVG → Creates red (bearish) IFVG
- Mitigated bearish FVG → Creates green (bullish) IFVG
- **Mitigation Logic**: Uses only candle body (not wicks) to determine when a FVG is filled
### 3. Customizable Display Options
- **Show Normal FVG**: Toggle visibility of regular Fair Value Gaps
- **Show IFVG**: Toggle visibility of Inverted Fair Value Gaps
- **Smart FVG Display**: Even when "Show Normal FVG" is disabled, FVGs that are part of IFVGs remain visible
- **Extension Control**: Option to extend FVGs until they are mitigated
### 4. IFVG Extension Methods
- **Full Cross Method**: IFVG remains active until price completely crosses through it (including wicks)
- **Number of Bars Method**: IFVG remains active for a specified number of bars (1-100)
### 5. Visual Mitigation Signals
- **Cross Markers**: Shows X-shaped markers when IFVGs are mitigated
- Green cross above bar: Bearish IFVG mitigated
- Red cross below bar: Bullish IFVG mitigated
### 6. Comprehensive Alert System
- **IFVG Formation Alerts**: Notifications when new IFVGs are created
- **IFVG Mitigation Alerts**: Notifications when IFVGs are filled/mitigated
- **Separate Controls**: Individual toggles for bullish and bearish IFVG alerts
## How It Works
### Step-by-Step Process:
1. **FVG Detection**: Script continuously scans for 3-bar patterns that create price gaps
2. **FVG Tracking**: Each FVG is stored with its coordinates, type, and status
3. **Mitigation Monitoring**: Script watches for candle bodies that fill the FVG
4. **IFVG Creation**: Upon mitigation, creates an IFVG with opposite polarity at the same location
5. **IFVG Management**: Tracks and extends IFVGs according to chosen method
6. **Visual Updates**: Dynamically updates colors and visibility based on user settings
## Use Cases
- **Support/Resistance Analysis**: IFVGs often act as strong support/resistance levels
- **Market Structure Understanding**: Helps identify how market inefficiencies get filled and reversed
- **Entry/Exit Timing**: Can be used to time entries around IFVG formations or mitigations
- **Confluence Analysis**: Combine with other technical analysis tools for stronger signals
## Configuration Parameters
- **Colors**: Customizable colors for bullish/bearish FVGs and IFVGs
- **Extension**: Choose how long to display gaps on the chart
- **Alerts**: Full control over notification preferences
- **Visual Clarity**: Options to show/hide different gap types for cleaner charts
## Technical Specifications
- **Pine Script Version**: 5
- **Overlay**: True (displays directly on price chart)
- **Max Boxes**: 500 (supports up to 500 simultaneous gaps)
- **Performance**: Optimized array management for smooth operation
This indicator is particularly valuable for traders who use **Smart Money Concepts (SMC)** and **Inner Circle Trader (ICT)** methodologies, as it provides clear visualization of how institutional order flow creates and fills market inefficiencies.
Inverse FVG with Quadrants [Modified]# Inverse FVG with Quadrants
*Modified version of original indicator by **tradeforopp**
## Overview
This advanced Fair Value Gap (FVG) indicator identifies both regular and inverse fair value gaps with precision, displaying them in a visually intuitive quadrant-based system. The enhanced version now features automatic timeframe selection that aligns higher timeframe FVGs with your current chart period for multi-timeframe analysis.
## Key Features
### 🔹 Fair Value Gap Detection
- **Regular FVGs**: Identifies traditional bullish and bearish fair value gaps
- **Inverse FVGs**: Automatically detects and displays inverse fair value gaps when price closes through a regular FVG
- **Quadrant Display**: Shows only the relevant half of each FVG for cleaner visual analysis (upper quadrant for bullish patterns, lower quadrant for bearish)
### 🔹 Smart Timeframe Management
- **Auto Timeframe Selection**: Automatically selects the appropriate higher timeframe based on your current chart:
- 1min → 15min
- 3min → 30min
- 5min → 1h
- 15min → 4h
- 1h → Daily
- 4h → Weekly
- **Manual Override**: Optional manual timeframe selection still available
### 🔹 Visual Customization
- Adjustable colors for both regular and inverse FVGs
- Optional box extension
- Customizable display limits to prevent chart clutter
- Session filtering capabilities
### 🔹 Trading Signals
- FVGs provide potential support/resistance zones and price targets
- Inverse FVGs offer confirmation of trend continuation or reversal
- Alert conditions for new FVG creation, regular FVG, and inverse FVG events
## How to Use
1. Apply the indicator to your chart
2. Enable "Auto Timeframe Selection" for multi-timeframe analysis (recommended)
3. Adjust displacement settings to filter for more significant FVGs
4. Use regular FVGs as potential zones where price may return to fill the gap
5. Watch for inverse FVGs as confirmation signals when price breaks through regular FVGs
This refined indicator combines powerful FVG analysis with automatic timeframe alignment to provide traders with clear, actionable insights across multiple timeframes. Perfect for both intraday traders and swing traders looking for high-probability entry and exit points.
Credits to @tradeforopp for creating the original version of this indicator. This is a modified version with enhanced features while preserving the core functionality.
## Tips
- Blue boxes (FVG+) indicate bullish fair value gaps (potential support)
- Red boxes (FVG-) indicate bearish fair value gaps (potential resistance)
- When price closes through an FVG, watch for the inverse FVG as a confirmation signal
- Use the dashed centerline as a potential target within each FVG
lib_smcLibrary "lib_smc"
This is an adaptation of LuxAlgo's Smart Money Concepts indicator with numerous changes. Main changes include integration of object based plotting, plenty of performance improvements, live tracking of Order Blocks, integration of volume profiles to refine Order Blocks, and many more.
This is a library for developers, if you want this converted into a working strategy, let me know.
buffer(item, len, force_rotate)
Parameters:
item (float)
len (int)
force_rotate (bool)
buffer(item, len, force_rotate)
Parameters:
item (int)
len (int)
force_rotate (bool)
buffer(item, len, force_rotate)
Parameters:
item (Profile type from robbatt/lib_profile/32)
len (int)
force_rotate (bool)
swings(len)
INTERNAL: detect swing points (HH and LL) in given range
Parameters:
len (simple int) : range to check for new swing points
Returns: values are the price level where and if a new HH or LL was detected, else na
method init(this)
Namespace types: OrderBlockConfig
Parameters:
this (OrderBlockConfig)
method delete(this)
Namespace types: OrderBlock
Parameters:
this (OrderBlock)
method clear_broken(this, broken_buffer)
INTERNAL: delete internal order blocks box coordinates if top/bottom is broken
Namespace types: map
Parameters:
this (map)
broken_buffer (map)
Returns: any_bull_ob_broken, any_bear_ob_broken, broken signals are true if an according order block was broken/mitigated, broken contains the broken block(s)
create_ob(id, mode, start_t, start_i, top, end_t, end_i, bottom, break_price, early_confirmation_price, config, init_plot, force_overlay)
INTERNAL: set internal order block coordinates
Parameters:
id (int)
mode (int) : 1: bullish, -1 bearish block
start_t (int)
start_i (int)
top (float)
end_t (int)
end_i (int)
bottom (float)
break_price (float)
early_confirmation_price (float)
config (OrderBlockConfig)
init_plot (bool)
force_overlay (bool)
Returns: signals are true if an according order block was broken/mitigated
method align_to_profile(block, align_edge, align_break_price)
Namespace types: OrderBlock
Parameters:
block (OrderBlock)
align_edge (bool)
align_break_price (bool)
method create_profile(block, opens, tops, bottoms, closes, values, resolution, vah_pc, val_pc, args, init_calculated, init_plot, force_overlay)
Namespace types: OrderBlock
Parameters:
block (OrderBlock)
opens (array)
tops (array)
bottoms (array)
closes (array)
values (array)
resolution (int)
vah_pc (float)
val_pc (float)
args (ProfileArgs type from robbatt/lib_profile/32)
init_calculated (bool)
init_plot (bool)
force_overlay (bool)
method create_profile(block, resolution, vah_pc, val_pc, args, init_calculated, init_plot, force_overlay)
Namespace types: OrderBlock
Parameters:
block (OrderBlock)
resolution (int)
vah_pc (float)
val_pc (float)
args (ProfileArgs type from robbatt/lib_profile/32)
init_calculated (bool)
init_plot (bool)
force_overlay (bool)
track_obs(swing_len, hh, ll, top, btm, bull_bos_alert, bull_choch_alert, bear_bos_alert, bear_choch_alert, min_block_size, max_block_size, config_bull, config_bear, init_plot, force_overlay, enabled, extend_blocks, clear_broken_buffer_before, align_edge_to_value_area, align_break_price_to_poc, profile_args_bull, profile_args_bear, use_soft_confirm, soft_confirm_offset, use_retracements_with_FVG_out)
Parameters:
swing_len (int)
hh (float)
ll (float)
top (float)
btm (float)
bull_bos_alert (bool)
bull_choch_alert (bool)
bear_bos_alert (bool)
bear_choch_alert (bool)
min_block_size (float)
max_block_size (float)
config_bull (OrderBlockConfig)
config_bear (OrderBlockConfig)
init_plot (bool)
force_overlay (bool)
enabled (bool)
extend_blocks (simple bool)
clear_broken_buffer_before (simple bool)
align_edge_to_value_area (simple bool)
align_break_price_to_poc (simple bool)
profile_args_bull (ProfileArgs type from robbatt/lib_profile/32)
profile_args_bear (ProfileArgs type from robbatt/lib_profile/32)
use_soft_confirm (simple bool)
soft_confirm_offset (float)
use_retracements_with_FVG_out (simple bool)
method draw(this, config, extend_only)
Namespace types: OrderBlock
Parameters:
this (OrderBlock)
config (OrderBlockConfig)
extend_only (bool)
method draw(blocks, config)
INTERNAL: plot order blocks
Namespace types: array
Parameters:
blocks (array)
config (OrderBlockConfig)
method draw(blocks, config)
INTERNAL: plot order blocks
Namespace types: map
Parameters:
blocks (map)
config (OrderBlockConfig)
method cleanup(this, ob_bull, ob_bear)
removes all Profiles that are older than the latest OrderBlock from this profile buffer
Namespace types: array
Parameters:
this (array type from robbatt/lib_profile/32)
ob_bull (OrderBlock)
ob_bear (OrderBlock)
_plot_swing_points(mode, x, y, show_swing_points, linecolor_swings, keep_history, show_latest_swings_levels, trail_x, trail_y, trend)
INTERNAL: plot swing points
Parameters:
mode (int) : 1: bullish, -1 bearish block
x (int) : x-coordingate of swing point to plot (bar_index)
y (float) : y-coordingate of swing point to plot (price)
show_swing_points (bool) : switch to enable/disable plotting of swing point labels
linecolor_swings (color) : color for swing point labels and lates level lines
keep_history (bool) : weater to remove older swing point labels and only keep the most recent
show_latest_swings_levels (bool)
trail_x (int) : x-coordinate for latest swing point (bar_index)
trail_y (float) : y-coordinate for latest swing point (price)
trend (int) : the current trend 1: bullish, -1: bearish, to determine Strong/Weak Low/Highs
_pivot_lvl(mode, trend, hhll_x, hhll, super_hhll, filter_insignificant_internal_breaks)
INTERNAL: detect whether a structural level has been broken and if it was in trend direction (BoS) or against trend direction (ChoCh), also track the latest high and low swing points
Parameters:
mode (simple int) : detect 1: bullish, -1 bearish pivot points
trend (int) : current trend direction
hhll_x (int) : x-coordinate of newly detected hh/ll (bar_index)
hhll (float) : y-coordinate of newly detected hh/ll (price)
super_hhll (float) : level/y-coordinate of superior hhll (if this is an internal structure pivot level)
filter_insignificant_internal_breaks (bool) : if true pivot points / internal structure will be ignored where the wick in trend direction is longer than the opposite (likely to push further in direction of main trend)
Returns: coordinates of internal structure that has been broken (x,y): start of structure, (trail_x, trail_y): tracking hh/ll after structure break, (bos_alert, choch_alert): signal whether a structural level has been broken
_plot_structure(x, y, is_bos, is_choch, line_color, line_style, label_style, label_size, keep_history)
INTERNAL: plot structural breaks (BoS/ChoCh)
Parameters:
x (int) : x-coordinate of newly broken structure (bar_index)
y (float) : y-coordinate of newly broken structure (price)
is_bos (bool) : whether this structural break was in trend direction
is_choch (bool) : whether this structural break was against trend direction
line_color (color) : color for the line connecting the structural level and the breaking candle
line_style (string) : style (line.style_dashed/solid) for the line connecting the structural level and the breaking candle
label_style (string) : style (label.style_label_down/up) for the label above/below the line connecting the structural level and the breaking candle
label_size (string) : size (size.small/tiny) for the label above/below the line connecting the structural level and the breaking candle
keep_history (bool) : weater to remove older swing point labels and only keep the most recent
structure_values(length, super_hh, super_ll, filter_insignificant_internal_breaks)
detect (and plot) structural breaks and the resulting new trend
Parameters:
length (simple int) : lookback period for swing point detection
super_hh (float) : level/y-coordinate of superior hh (for internal structure detection)
super_ll (float) : level/y-coordinate of superior ll (for internal structure detection)
filter_insignificant_internal_breaks (bool) : if true pivot points / internal structure will be ignored where the wick in trend direction is longer than the opposite (likely to push further in direction of main trend)
Returns: trend: direction 1:bullish -1:bearish, (bull_bos_alert, bull_choch_alert, top_x, top_y, trail_up_x, trail_up): whether and which level broke in a bullish direction, trailing high, (bbear_bos_alert, bear_choch_alert, tm_x, btm_y, trail_dn_x, trail_dn): same in bearish direction
structure_plot(trend, bull_bos_alert, bull_choch_alert, top_x, top_y, trail_up_x, trail_up, hh, bear_bos_alert, bear_choch_alert, btm_x, btm_y, trail_dn_x, trail_dn, ll, color_bull, color_bear, show_swing_points, show_latest_swings_levels, show_bos, show_choch, line_style, label_size, keep_history)
detect (and plot) structural breaks and the resulting new trend
Parameters:
trend (int) : crrent trend 1: bullish, -1: bearish
bull_bos_alert (bool) : if there was a bullish bos alert -> plot it
bull_choch_alert (bool) : if there was a bullish choch alert -> plot it
top_x (int) : latest shwing high x
top_y (float) : latest swing high y
trail_up_x (int) : trailing high x
trail_up (float) : trailing high y
hh (float) : if there was a higher high
bear_bos_alert (bool) : if there was a bearish bos alert -> plot it
bear_choch_alert (bool) : if there was a bearish chock alert -> plot it
btm_x (int) : latest swing low x
btm_y (float) : latest swing low y
trail_dn_x (int) : trailing low x
trail_dn (float) : trailing low y
ll (float) : if there was a lower low
color_bull (color) : color for bullish BoS/ChoCh levels
color_bear (color) : color for bearish BoS/ChoCh levels
show_swing_points (bool) : whether to plot swing point labels
show_latest_swings_levels (bool) : whether to track and plot latest swing point levels with lines
show_bos (bool) : whether to plot BoS levels
show_choch (bool) : whether to plot ChoCh levels
line_style (string) : whether to plot BoS levels
label_size (string) : label size of plotted BoS/ChoCh levels
keep_history (bool) : weater to remove older swing point labels and only keep the most recent
structure(length, color_bull, color_bear, super_hh, super_ll, filter_insignificant_internal_breaks, show_swing_points, show_latest_swings_levels, show_bos, show_choch, line_style, label_size, keep_history, enabled)
detect (and plot) structural breaks and the resulting new trend
Parameters:
length (simple int) : lookback period for swing point detection
color_bull (color) : color for bullish BoS/ChoCh levels
color_bear (color) : color for bearish BoS/ChoCh levels
super_hh (float) : level/y-coordinate of superior hh (for internal structure detection)
super_ll (float) : level/y-coordinate of superior ll (for internal structure detection)
filter_insignificant_internal_breaks (bool) : if true pivot points / internal structure will be ignored where the wick in trend direction is longer than the opposite (likely to push further in direction of main trend)
show_swing_points (bool) : whether to plot swing point labels
show_latest_swings_levels (bool) : whether to track and plot latest swing point levels with lines
show_bos (bool) : whether to plot BoS levels
show_choch (bool) : whether to plot ChoCh levels
line_style (string) : whether to plot BoS levels
label_size (string) : label size of plotted BoS/ChoCh levels
keep_history (bool) : weater to remove older swing point labels and only keep the most recent
enabled (bool)
_check_equal_level(mode, len, eq_threshold, enabled)
INTERNAL: detect equal levels (double top/bottom)
Parameters:
mode (int) : detect 1: bullish/high, -1 bearish/low pivot points
len (int) : lookback period for equal level (swing point) detection
eq_threshold (float) : maximum price offset for a level to be considered equal
enabled (bool)
Returns: eq_alert whether an equal level was detected and coordinates of the first and the second level/swing point
_plot_equal_level(show_eq, x1, y1, x2, y2, label_txt, label_style, label_size, line_color, line_style, keep_history)
INTERNAL: plot equal levels (double top/bottom)
Parameters:
show_eq (bool) : whether to plot the level or not
x1 (int) : x-coordinate of the first level / swing point
y1 (float) : y-coordinate of the first level / swing point
x2 (int) : x-coordinate of the second level / swing point
y2 (float) : y-coordinate of the second level / swing point
label_txt (string) : text for the label above/below the line connecting the equal levels
label_style (string) : style (label.style_label_down/up) for the label above/below the line connecting the equal levels
label_size (string) : size (size.tiny) for the label above/below the line connecting the equal levels
line_color (color) : color for the line connecting the equal levels (and it's label)
line_style (string) : style (line.style_dotted) for the line connecting the equal levels
keep_history (bool) : weater to remove older swing point labels and only keep the most recent
equal_levels_values(len, threshold, enabled)
detect (and plot) equal levels (double top/bottom), returns coordinates
Parameters:
len (int) : lookback period for equal level (swing point) detection
threshold (float) : maximum price offset for a level to be considered equal
enabled (bool) : whether detection is enabled
Returns: (eqh_alert, eqh_x1, eqh_y1, eqh_x2, eqh_y2) whether an equal high was detected and coordinates of the first and the second level/swing point, (eql_alert, eql_x1, eql_y1, eql_x2, eql_y2) same for equal lows
equal_levels_plot(eqh_x1, eqh_y1, eqh_x2, eqh_y2, eql_x1, eql_y1, eql_x2, eql_y2, color_eqh, color_eql, show, keep_history)
detect (and plot) equal levels (double top/bottom), returns coordinates
Parameters:
eqh_x1 (int) : coordinates of first point of equal high
eqh_y1 (float) : coordinates of first point of equal high
eqh_x2 (int) : coordinates of second point of equal high
eqh_y2 (float) : coordinates of second point of equal high
eql_x1 (int) : coordinates of first point of equal low
eql_y1 (float) : coordinates of first point of equal low
eql_x2 (int) : coordinates of second point of equal low
eql_y2 (float) : coordinates of second point of equal low
color_eqh (color) : color for the line connecting the equal highs (and it's label)
color_eql (color) : color for the line connecting the equal lows (and it's label)
show (bool) : whether plotting is enabled
keep_history (bool) : weater to remove older swing point labels and only keep the most recent
Returns: (eqh_alert, eqh_x1, eqh_y1, eqh_x2, eqh_y2) whether an equal high was detected and coordinates of the first and the second level/swing point, (eql_alert, eql_x1, eql_y1, eql_x2, eql_y2) same for equal lows
equal_levels(len, threshold, color_eqh, color_eql, enabled, show, keep_history)
detect (and plot) equal levels (double top/bottom)
Parameters:
len (int) : lookback period for equal level (swing point) detection
threshold (float) : maximum price offset for a level to be considered equal
color_eqh (color) : color for the line connecting the equal highs (and it's label)
color_eql (color) : color for the line connecting the equal lows (and it's label)
enabled (bool) : whether detection is enabled
show (bool) : whether plotting is enabled
keep_history (bool) : weater to remove older swing point labels and only keep the most recent
Returns: (eqh_alert) whether an equal high was detected, (eql_alert) same for equal lows
_detect_fvg(mode, enabled, o, h, l, c, filter_insignificant_fvgs, change_tf)
INTERNAL: detect FVG (fair value gap)
Parameters:
mode (int) : detect 1: bullish, -1 bearish gaps
enabled (bool) : whether detection is enabled
o (float) : reference source open
h (float) : reference source high
l (float) : reference source low
c (float) : reference source close
filter_insignificant_fvgs (bool) : whether to calculate and filter small/insignificant gaps
change_tf (bool) : signal when the previous reference timeframe closed, triggers new calculation
Returns: whether a new FVG was detected and its top/mid/bottom levels
_clear_broken_fvg(mode, upper_boxes, lower_boxes)
INTERNAL: clear mitigated FVGs (fair value gaps)
Parameters:
mode (int) : detect 1: bullish, -1 bearish gaps
upper_boxes (array) : array that stores the upper parts of the FVG boxes
lower_boxes (array) : array that stores the lower parts of the FVG boxes
_plot_fvg(mode, show, top, mid, btm, border_color, extend_box)
INTERNAL: plot (and clear broken) FVG (fair value gap)
Parameters:
mode (int) : plot 1: bullish, -1 bearish gap
show (bool) : whether plotting is enabled
top (float) : top level of fvg
mid (float) : center level of fvg
btm (float) : bottom level of fvg
border_color (color) : color for the FVG box
extend_box (int) : how many bars into the future the FVG box should be extended after detection
fvgs_values(o, h, l, c, filter_insignificant_fvgs, change_tf, enabled)
detect (and plot / clear broken) FVGs (fair value gaps), and return alerts and level values
Parameters:
o (float) : reference source open
h (float) : reference source high
l (float) : reference source low
c (float) : reference source close
filter_insignificant_fvgs (bool) : whether to calculate and filter small/insignificant gaps
change_tf (bool) : signal when the previous reference timeframe closed, triggers new calculation
enabled (bool) : whether detection is enabled
Returns: (bullish_fvg_alert, bull_top, bull_mid, bull_btm): whether a new bullish FVG was detected and its top/mid/bottom levels, (bearish_fvg_alert, bear_top, bear_mid, bear_btm): same for bearish FVGs
fvgs_plot(bullish_fvg_alert, bull_top, bull_mid, bull_btm, bearish_fvg_alert, bear_top, bear_mid, bear_btm, color_bull, color_bear, extend_box, show)
Parameters:
bullish_fvg_alert (bool)
bull_top (float)
bull_mid (float)
bull_btm (float)
bearish_fvg_alert (bool)
bear_top (float)
bear_mid (float)
bear_btm (float)
color_bull (color) : color for bullish FVG boxes
color_bear (color) : color for bearish FVG boxes
extend_box (int) : how many bars into the future the FVG box should be extended after detection
show (bool) : whether plotting is enabled
Returns: (bullish_fvg_alert, bull_top, bull_mid, bull_btm): whether a new bullish FVG was detected and its top/mid/bottom levels, (bearish_fvg_alert, bear_top, bear_mid, bear_btm): same for bearish FVGs
fvgs(o, h, l, c, filter_insignificant_fvgs, change_tf, color_bull, color_bear, extend_box, enabled, show)
detect (and plot / clear broken) FVGs (fair value gaps)
Parameters:
o (float) : reference source open
h (float) : reference source high
l (float) : reference source low
c (float) : reference source close
filter_insignificant_fvgs (bool) : whether to calculate and filter small/insignificant gaps
change_tf (bool) : signal when the previous reference timeframe closed, triggers new calculation
color_bull (color) : color for bullish FVG boxes
color_bear (color) : color for bearish FVG boxes
extend_box (int) : how many bars into the future the FVG box should be extended after detection
enabled (bool) : whether detection is enabled
show (bool) : whether plotting is enabled
Returns: (bullish_fvg_alert): whether a new bullish FVG was detected, (bearish_fvg_alert): same for bearish FVGs
OrderBlock
Fields:
id (series int)
dir (series int)
left_top (chart.point)
right_bottom (chart.point)
break_price (series float)
early_confirmation_price (series float)
ltf_high (array)
ltf_low (array)
ltf_volume (array)
plot (Box type from robbatt/lib_plot_objects/49)
profile (Profile type from robbatt/lib_profile/32)
trailing (series bool)
extending (series bool)
awaiting_confirmation (series bool)
touched_break_price_before_confirmation (series bool)
soft_confirmed (series bool)
has_fvg_out (series bool)
hidden (series bool)
broken (series bool)
OrderBlockConfig
Fields:
show (series bool)
show_last (series int)
show_id (series bool)
show_profile (series bool)
args (BoxArgs type from robbatt/lib_plot_objects/49)
txt (series string)
txt_args (BoxTextArgs type from robbatt/lib_plot_objects/49)
delete_when_broken (series bool)
broken_args (BoxArgs type from robbatt/lib_plot_objects/49)
broken_txt (series string)
broken_txt_args (BoxTextArgs type from robbatt/lib_plot_objects/49)
broken_profile_args (ProfileArgs type from robbatt/lib_profile/32)
use_profile (series bool)
profile_args (ProfileArgs type from robbatt/lib_profile/32)
Bodies X Wix Version of Smart Money Tools by makuchaku & eFeThis is the same Script as Super Fair Value Gaps / FVG /BoS / by makuchaku & eFe. Mine Should Default to Large Text instead of small. The Super Order Blocks I believe was meant to for you to find one of the many Smart Money tools such as turn on the Fair Value gap but leave the others off, or Turn on where the Break of Structure and leave the others off. The reason I believe this is because the default values for each of the structures were default colored (green for positive and red for negative) for all.
Mine has a different Color for every possible structure. As long as you can read with the larger text that I added, then you can create your own boxes positive for break of structure, rejection block, order blocks and fair value gaps for any time frame. The reason I did that is because There's only certain things I believe I will need to mark for myself in each time frame, and then from there You can stretch iyour own box out further in time because if price touches a fair value gap for example, the fair value gap should conyinue in time until at least 2 candles have filed the Fair valu gap going both directions. That's truly when the fair value gap should is mitigated and will from off the chart. However, If I knew How to add the code for that, I would.
Additionally, I have the Max Boxes per chart, so you should have the ability to see every OB, FVG,RJB, & BoS on the chart
I tried my hardest to create a colored border that was different from the box. But the way the original was coded was almost impossible to do. Because they defined each of the structures (FVG, OB, BoS, RJB) outer levels, when the outer levels connect via math in the code, then it joins all the outside lines for a rectangle. When creating a box, the coloe will always be the same as the border unfortunately. (Unless I replan this from the beginning)
I also Changed the default labels for reach structure from a hard to read gray to a white that pops out.
Also, chart indicators are a little large as well. Such as the cross, sideways cross, The green Triangle, and the white Diamond. You'll get used to it or you can change it as well.
Creating videos for students, you need something they can see.
So, I just wanted to ensure everything was a little more unique and easily usable when showing this to my students when I send them private videos for our weekly lessons. I'm trying to learn how to use the IPFS for THAT, (which i see has invaded PineScript) Hope this indicator helps.
If you're to borrow this, Just make sure you keep the authors in the name makuchaku & efe
First presented FVG (w/stats) w/statistical hourly ranges & biasOverview
This indicator identifies the first Fair Value Gap (FVG) that forms during each hourly session and provides comprehensive statistical analysis based on 12 years of historical NASDAQ (NQ) data. It combines price action analysis with probability-based statistics to help traders make informed decisions.
⚠️ IMPORTANT - Compatibility
Market: This indicator is designed exclusively for NASDAQ futures (NQ/MNQ)
Timeframe: Statistical data is based on FVGs formed on the 5-minute timeframe
FVG Detection: Works on any timeframe, but use 5-minute for accuracy matching the statistical analysis
All hardcoded statistics are derived from 12 years of NQ historical data
What It Does
1. FVG Detection & Visualization
Automatically detects the first FVG (bullish or bearish) that forms each hour
Draws colored boxes around FVGs:
Blue boxes = Bullish FVG (gap up)
Red boxes = Bearish FVG (gap down)
FVG boxes extend to the end of the hour
Optional midpoint lines show the center of each FVG
Uses volume imbalance logic (outside prints) to refine FVG boundaries
2. Hourly Reference Lines
Vertical Delimiter: Marks the start of each hour
Hourly Open Line: Shows where the current hour opened
Expected Range Lines: Projects the anticipated high/low based on historical data
Choose between Mean (average) or Median (middle value) statistics
Upper range line (teal/green)
Lower range line (red)
All lines span exactly one hour from the moment it opens
Optional labels show price values at line ends
3. Real-Time Statistics Table
The table displays live data for the current hour only:
Hour: Current hour in 12-hour format (AM/PM)
FVG Status: Shows if a Bull FVG, Bear FVG, or no FVG has formed yet
Green background = Bullish FVG detected
Red background = Bearish FVG detected
1st 15min: Direction of the first 15 minutes (Bullish/Bearish/Neutral/Pending)
Continuation %: Historical probability that the hour continues in the first 15-minute direction
Color-coded: Green for bullish, red for bearish
Avg Range %: Expected percentage range for the current hour (based on 12-year mean)
FVG Effect %: Historical probability that FVG direction predicts hourly close direction
Shows BISI→Bull % for bullish FVGs
Shows SIBI→Bear % for bearish FVGs
Blank if no FVG has formed yet
Time Left: Countdown timer showing MM:SS remaining in the hour (updates in real-time)
Hourly Bias: Historical directional tendency (bullish % or bearish %)
H Open: Current hour's opening price
Exp Range: Projected price range (Low - High) based on historical average
Customization Options
Detection Settings:
Lower Timeframe Selection (15S, 1min, 5min) - controls FVG detection granularity
Display Settings:
FVG box colors (bullish/bearish)
Midpoint lines (show/hide, color, style)
Table Settings:
Position (9 locations: corners, edges, center)
Text size (Tiny, Small, Normal, Large)
Hourly Lines:
Toggle each line type on/off
Hour delimiter (color, width)
Open line (color, width, style)
Range lines (color, width, style)
Choose Mean or Median statistics for range calculation
Show/hide labels with customizable text size
How to Use
Apply to NQ futures chart (NQ1! or MNQ1!)
Set chart to 5-minute timeframe for optimal FVG detection matching the statistical data
Watch for the first FVG to form each hour
Reference the table for probability-based decision support:
High continuation % = strong directional bias
FVG Effect % shows reliability of the FVG signal
Time Left helps manage entries/exits within the hour
Use range lines as potential targets or reversal zones
Statistical Foundation
All statistics are derived from:
12 years of NASDAQ (NQ) historical data
Hourly analysis of FVG formation patterns
First 15-minute directional analysis
Mean and Median calculations for range expectations
Data encompasses 2,400+ samples per hour
Best Practices
✅ Use on NQ/MNQ futures only
✅ Best on 5-minute charts (matches statistical data)
✅ Combine FVG signals with continuation probabilities
✅ Use range lines as potential profit targets
✅ Watch the countdown timer for hour-end setups
❌ Do not use on other markets (statistics won't apply)
❌ Avoid using during low-liquidity hours (5PM ET has minimal data)
Technical Notes
Timezone: America/New_York (EST/EDT)
Weekend filtering: Automatically hides data during market closure
Updates in real-time on live bars
Maximum 500 boxes/lines for performance
FVG detection includes volume imbalance (body gap) refinement
Credits
Statistical analysis based on 12 years of NASDAQ historical data. FVG detection methodology follows ICT concepts with volume imbalance refinement.
Disclaimer: This indicator provides statistical analysis based on historical data. Past performance does not guarantee future results. Always use proper risk management.
Would you like me to adjust any section or add/remove anything?6-9 Session & Levels - Customizable Range Analysis Indicator
Description:
This indicator provides comprehensive session-based range analysis designed for intraday traders. It calculates and displays key levels based on a customizable session period (default 6:00-9:00 AM ET).
Core Features:
Sespastedthis is a summary for another indicator- i was hoping for something more like this in terms of content etc22:23Architected comprehensive indicator summary matching professional documentation style.The user wants me to rewrite the summary for their FVG indicator in a similar style to the example provided. The example is more structured, detailed, and professional. Let me create a comprehensive summary that follows that format:
Clear title
Description/Overview
Core Features (broken down into sections)
Input Settings Explained (detailed breakdown of all customization options)
How It Works section
Use Case
Note/Disclaimer
Let me make it thorough and match the style while being accurate to their indicator's functionality.Here's a detailed summary in that format:
Every Hour 1st FVG with Statistical Analysis - NASDAQ Hourly Trading Intelligence
Description:
This indicator identifies the first Fair Value Gap (FVG) that forms during each hourly session and provides comprehensive probability-based statistical analysis derived from 12 years of NASDAQ (NQ) historical data. It combines real-time FVG detection with hardcoded statistical probabilities to help intraday traders make informed decisions based on historical patterns and hourly price action dynamics.
IMPORTANT: This indicator is specifically calibrated for NASDAQ futures (NQ/MNQ) only. All statistical data is derived from 12 years of NQ historical analysis with FVGs detected on the 5-minute timeframe. Using this indicator on other markets will produce invalid statistical results.
Core Features:
FVG Detection & Visualization
Automatically detects and displays the first Fair Value Gap (bullish or bearish) that forms within each hourly session
Color-coded boxes mark FVG zones: Blue for bullish FVGs (gap up), Red for bearish FVGs (gap down)
FVG boxes extend precisely to the end of the hour boundary
Optional midpoint lines show the center point of each FVG
Uses volume imbalance logic (outside prints) to refine FVG boundaries beyond simple wick-to-wick gaps
Supports both chart timeframe detection and lower timeframe detection via request.security_lower_tf
Hourly Reference Lines
Vertical Hour Delimiter: Marks the exact start of each new hour with an extendable vertical line
Hourly Open Line: Displays the opening price of the current hour
Expected Range Lines: Projects anticipated high and low levels based on 12 years of statistical data
Choose between Mean (average) or Median (middle value) calculations
Upper range line shows expected high
Lower range line shows expected low
All lines span exactly one hour from open to close
Optional labels display exact price values at the end of each line
Real-Time Statistics Table
Displays comprehensive live data for the current hour only:
Hour: Current hour in 12-hour format (e.g., "9AM", "2PM")
FVG Status: Shows detection state with color coding
"None Yet" (white background) - No FVG detected
"Bull FVG" (green background) - Bullish FVG identified
"Bear FVG" (red background) - Bearish FVG identified
1st 15min: Direction of first 15 minutes (Bullish/Bearish/Neutral/Pending)
Continuation %: Historical probability that the hour closes in the direction of the first 15 minutes
Green background with up arrow (↑) for bullish continuation probability
Red background with down arrow (↓) for bearish continuation probability
Avg Range %: Expected percentage range for the current hour based on 12-year mean
FVG Effect %: Historical effectiveness of FVG directional prediction
Shows "BISI→Bull %" for bullish FVGs (gap up predicting bullish hourly close)
Shows "SIBI→Bear %" for bearish FVGs (gap down predicting bearish hourly close)
Displays blank if no FVG has formed yet
Time Left: Real-time countdown timer showing minutes and seconds remaining in the hour (MM:SS format)
Hourly Bias: Historical directional tendency showing bullish or bearish percentage bias
H Open: Current hour's opening price
Exp Range: Projected price range showing "Low - High" based on selected statistic (mean or median)
Input Settings Explained:
Detection Settings
Lower Timeframe: Select the base timeframe for FVG detection
Options: 15S (15 seconds), 1 (1 minute), 5 (5 minutes)
Recommendation: Use 5-minute to match the statistical data sample
The indicator uses this timeframe to scan for FVG patterns even when viewing higher timeframes
Display Settings
Bullish FVG Color: Set the color and transparency for bullish (upward) FVG boxes
Bearish FVG Color: Set the color and transparency for bearish (downward) FVG boxes
Show Midpoint Lines: Toggle horizontal lines at the center of each FVG box
Midpoint Line Color: Customize the midpoint line color
Midpoint Line Style: Choose between Solid, Dotted, or Dashed line styles
Table Settings
Table Position: Choose from 9 locations:
Top: Left, Center, Right
Middle: Left, Center, Right
Bottom: Left, Center, Right
Table Text Size: Select from Tiny, Small, Normal, or Large for readability on different screen sizes
Hourly Lines Settings
Show Hourly Lines: Master toggle for all hourly reference lines
Show Hour Delimiter: Toggle the vertical line marking each hour's start
Delimiter Color: Customize color and transparency
Delimiter Width: Set line thickness (1-5)
Show Hourly Open: Toggle the horizontal line at the hour's opening price
Open Line Color: Customize color
Open Line Width: Set thickness (1-5)
Open Line Style: Choose Solid, Dashed, or Dotted
Show Range Lines: Toggle the expected high/low projection lines
Range Statistic: Choose "Mean" (12-year average) or "Median" (12-year middle value)
Range High Color: Customize upper range line color and transparency
Range Low Color: Customize lower range line color and transparency
Range Line Width: Set thickness (1-5)
Range Line Style: Choose Solid, Dashed, or Dotted
Show Line Labels: Toggle price labels at the end of all horizontal lines
Label Text Size: Choose Tiny, Small, or Normal
How It Works:
FVG Detection Logic:
The indicator scans price action on the selected lower timeframe (default: 1-minute) looking for Fair Value Gaps using a 3-candle pattern:
Bullish FVG: Formed when candle 's high is below candle 's low, creating an upward gap
Bearish FVG: Formed when candle 's low is above candle 's high, creating a downward gap
The detection is refined using volume imbalance logic by checking for body gaps (outside prints) on both sides of the middle candle. This narrows the FVG zone to areas where bodies don't touch, indicating stronger imbalances.
Only the first FVG that forms during each hour is displayed. If a bullish FVG forms first, it takes priority. The FVG box is drawn from the formation time through to the end of the hour.
Statistical Analysis:
All probability statistics are hardcoded from 12 years (2,400+ samples per hour) of NASDAQ futures analysis:
First 15-Minute Direction: At 15 minutes into each hour, the indicator determines if price closed above, below, or equal to the hour's opening price
Continuation Probability: Historical analysis shows the likelihood that the hour closes in the same direction as the first 15 minutes
Example: If 9AM's first 15 minutes are bullish, there's a 60.1% chance the entire 9AM hour closes bullish (lowest continuation hour)
4PM shows the highest continuation at 86.1% for bullish first 15 minutes
FVG Effectiveness: Tracks how often the first FVG's direction correctly predicts the hourly close direction
BISI (Bullish Imbalance/Sell-side Inefficiency) → Bullish close probability
SIBI (Bearish Imbalance/Buy-side Inefficiency) → Bearish close probability
Range Expectations: Mean and median values represent typical price movement percentage for each hour
9AM and 10AM show the largest ranges (~0.6%)
5PM shows minimal range (~0.06%) due to low liquidity
Hourly Reference Lines:
When each new hour begins:
Vertical delimiter marks the hour's start
Hourly open line plots at the first bar's opening price
Range projection lines calculate expected high/low:
Upper Range = Hourly Open + (Range% / 100 × Hourly Open)
Lower Range = Hourly Open - (Range% / 100 × Hourly Open)
Lines extend exactly to the hour's end time
Labels appear at line endpoints showing exact prices
Real-Time Updates:
FVG Status: Updates immediately when the first FVG forms
First 15min Direction: Locked in at the 15-minute mark
Countdown Timer: Uses timenow to update every second
Table Statistics: Refresh on every bar close
Timezone Handling:
All times are in America/New_York (Eastern Time)
Automatically filters weekend periods (Saturday and Sunday before 6PM)
Hour detection accounts for daylight saving time changes
Use Cases:
Intraday Trading Strategy Development:
FVG Entry Signals: Use the first hourly FVG as a directional bias
Bullish FVG + High continuation % = Strong long setup
Bearish FVG + High continuation % = Strong short setup
First 15-Minute Breakout: Combine first 15-min direction with continuation probabilities
Wait for first 15 minutes to complete
If continuation % is above 70%, trade in that direction
Example: 4PM bullish first 15 min = 86.1% chance hour closes bullish
Range Targeting: Use expected high/low lines as profit targets or reversal zones
Price approaching mean high = potential resistance
Price approaching mean low = potential support
Compare mean vs median for different risk tolerance (median is more conservative)
Hour Selection: Focus trading on hours with:
High FVG effectiveness (11AM: 81.5% BISI→Bull)
High continuation rates (4PM: 86.1% bull continuation)
Avoid low-continuation hours like 9AM (60.1%)
Time Management: Use the countdown timer to:
Enter early in the hour when FVG forms
Exit before hour-end if no follow-through
Avoid late-hour entries with <15 minutes remaining
Statistical Edge Identification:
Compare current hour's FVG against historical effectiveness
Identify when first 15-min direction contradicts FVG direction (conflict = caution)
Use hourly bias to confirm or contradict FVG signals
Monitor if price stays within expected range or breaks out (outlier moves)
Risk Management:
Expected range lines provide logical stop-loss placement
FVG Effect % helps size positions (higher % = larger position)
Time Left countdown aids in time-based stop management
Avoid trading hours with neutral bias or low continuation rates
Statistical Foundation:
All embedded statistics are derived from:
12 years of NASDAQ futures (NQ) continuous contract data
5-minute timeframe FVG detection methodology
24 hours per day analysis (excluding weekends)
2,400+ samples per hour for robust statistical validity
America/New_York timezone for session alignment
Data includes:
Hourly range analysis (mean, median, standard deviation)
First 15-minute directional analysis
FVG formation frequency and effectiveness
Continuation probability matrices
Bullish/bearish bias percentages
Best Practices:
✅ Do:
Use exclusively on NASDAQ futures (NQ1! or MNQ1!)
Apply on 5-minute charts for optimal FVG detection matching statistical samples
Wait for first 15 minutes to complete before acting on continuation probabilities
Combine FVG signals with continuation % and FVG Effect % for confluence
Use expected range lines as initial profit targets
Monitor the countdown timer for time-based trade management
Focus on hours with high statistical edges (4PM, 11AM, 10AM)
❌ Don't:
Use on other markets (ES, RTY, YM, stocks, forex, crypto) - statistics will be invalid
Rely solely on FVG without confirming with continuation probabilities
Trade during low-liquidity hours (5PM shows only 0.06% average range)
Ignore the first 15-minute direction when it conflicts with FVG direction
Apply to timeframes significantly different from 5-minute for FVG detection
Use median range expectations aggressively (they're conservative)
Technical Implementation Notes:
Timezone: Fixed to America/New_York with automatic DST adjustment
Weekend Filtering: Automatically hides data Saturday and Sunday before 6PM ET
Performance: Maximum 500 boxes and 500 lines for optimal chart rendering
Update Frequency: Table updates on every bar close; timer updates every second using timenow
FVG Priority: Bullish FVGs take precedence when both form simultaneously
Lower Timeframe Detection: Uses request.security_lower_tf for accurate sub-chart-timeframe FVG detection
Precision: All price labels use format.mintick for appropriate decimal precision
Big thanks to @Trades-Dont-Lie for the FPFVG code in his excellent indicator that I've used here
Smart Money Concepts (SMC) [LuxAlgo]This all-in-one indicator displays real-time market structure (internal & swing BOS / CHoCH), order blocks, premium & discount zones, equal highs & lows, and much more...allowing traders to automatically mark up their charts with widely used price action methodologies. Following the release of our Fair Value Gap script, we received numerous requests from our community to release more features in the same category.
"Smart Money Concepts" (SMC) is a fairly new yet widely used term amongst price action traders looking to more accurately navigate liquidity & find more optimal points of interest in the market. Trying to determine where institutional market participants have orders placed (buy or sell side liquidity) can be a very reasonable approach to finding more practical entries & exits based on price action.
The indicator includes alerts for the presence of swing structures and many other relevant conditions.
Features
This indicator includes many features relevant to SMC, these are highlighted below:
Full internal & swing market structure labeling in real-time
Break of Structure (BOS)
Change of Character (CHoCH)
Order Blocks (bullish & bearish)
Equal Highs & Lows
Fair Value Gap Detection
Previous Highs & Lows
Premium & Discount Zones as a range
Options to style the indicator to more easily display these concepts
Settings
Mode: Allows the user to select Historical (default) or Present, which displays only recent data on the chart.
Style: Allows the user to select different styling for the entire indicator between Colored (default) and Monochrome.
Color Candles: Plots candles based on the internal & swing structures from within the indicator on the chart.
Internal Structure: Displays the internal structure labels & dashed lines to represent them. (BOS & CHoCH).
Confluence Filter: Filter non-significant internal structure breakouts.
Swing Structure: Displays the swing structure labels & solid lines on the chart (larger BOS & CHoCH labels).
Swing Points: Displays swing points labels on chart such as HH, HL, LH, LL.
Internal Order Blocks: Enables Internal Order Blocks & allows the user to select how many most recent Internal Order Blocks appear on the chart.
Swing Order Blocks: Enables Swing Order Blocks & allows the user to select how many most recent Swing Order Blocks appear on the chart.
Equal Highs & Lows: Displays EQH/EQL labels on chart for detecting equal highs & lows.
Bars Confirmation: Allows the user to select how many bars are needed to confirm an EQH/EQL symbol on chart.
Fair Value Gaps: Displays boxes to highlight imbalance areas on the chart.
Auto Threshold: Filter out non-significant fair value gaps.
Timeframe: Allows the user to select the timeframe for the Fair Value Gap detection.
Extend FVG: Allows the user to choose how many bars to extend the Fair Value Gap boxes on the chart.
Highs & Lows MTF: Allows the user to display previous highs & lows from daily, weekly, & monthly timeframes as significant levels.
Premium/Discount Zones: Allows the user to display Premium, Discount, and Equilibrium zones on the chart
Usage
Users can see automatic CHoCH and BOS labels to highlight breakouts of market structure, which allows to determine the market trend. In the chart below we can see the internal structure which displays more frequent labels within larger structures. We can also see equal highs & lows (EQH/EQL) labels plotted alongside the internal structure to frequently give indications of potential reversals.
In the chart below we can see the swing market structure labels. These are also labeled as BOS and CHoCH but with a solid line & larger text to show larger market structure breakouts & trend reversals. Users can be mindful of these larger structure labels while trading internal structures as displayed in the previous chart.
Order blocks highlight areas where institutional market participants open positions, one can use order blocks to determine confirmation entries or potential targets as we can expect there is a large amount of liquidity at these order blocks. In the chart below we can see 2 potential trade setups with confirmation entries. The path outlined in red would be a potential short entry targeting the blue order block below, and the path outlined in green would be a potential long entry, targeting the red order blocks above.
As we can see in the chart below, the bullish confirmation entry played out in this scenario with the green path outlined in hindsight. As price breaks though the order blocks above, the indicator will consider them mitigated causing them to disappear, and as per the logic of these order blocks they will always display 5 (by default) on the chart so we can now see more actionable levels.
The Smart Money Concepts indicator has many other features and here we can see how they can also help a user find potential levels for price action trading. In the screenshot below we can see a trade setup using the Previous Monthly High, Strong High, and a Swing Order Block as a stop loss. Accompanied by the Premium from the Discount/Premium zones feature being used as a potential entry. A potential take profit level for this trade setup that a user could easily identify would be the 50% mark labeled with the Fair Value Gap & the Equilibrium all displayed automatically by the indicator.
Conclusion
This indicator highlights all relevant components of Smart Money Concepts which can be a very useful interpretation of market structure, liquidity, & more simply put, price action. The term was coined & popularized primarily within the forex community & by ICT while making its way to become a part of many traders' analysis. These concepts, with or without this indicator do not guarantee a trader to be trading within the presence of institutional or "bank-level" liquidity, there is no supporting data regarding the validity of these teachings.
Smarter Money Concepts Dashboard [PhenLabs]📊Smarter Money Concepts Dashboard
Version: PineScript™v6
📌Description
The Smarter Money Concepts Dashboard is a comprehensive institutional trading analysis tool that combines six of our most powerful smarter money concepts indicators into one unified suite. This advanced system automatically detects and visualizes Fair Value Gaps, Inverted FVGs, Order Blocks, Wyckoff Springs/Upthrusts, Wick Rejection patterns, and ICT Market Structure analysis.
Built for serious traders who need institutional-grade market analysis, this dashboard eliminates subjective interpretation by automatically identifying where smart money is likely positioned. The integrated real-time dashboard provides instant status updates on all active patterns, making it easy to monitor market conditions at a glance.
🚀Points of Innovation
● Multi-Module Integration: Six different SMC concepts unified in one comprehensive system
● Real-Time Dashboard Display: Live tracking of all active patterns with customizable positioning
● Advanced Volume Filtering: Institutional volume confirmation across all pattern types
● Automated Pattern Management: Smart memory system prevents chart clutter while maintaining relevant zones
● Probability-Based Wyckoff Detection: Mathematical probability calculations for spring/upthrust patterns
● Dual FVG System: Both standard and inverted Fair Value Gap detection with equilibrium analysis
🔧Core Components
● Fair Value Gap Engine: Detects standard FVGs with volume confirmation and equilibrium line analysis
● Inverted FVG Module: Advanced IFVG detection using RVI momentum filtering for inversion confirmation
● Order Block System: Institutional order block identification with customizable mitigation methods
● Wyckoff Pattern Recognition: Automated spring and upthrust detection with probability scoring
● Wick Rejection Analysis: High-probability reversal patterns based on wick-to-body ratios
● ICT Market Structure: Simplified institutional concepts with commitment tracking
🔥Key Features
● Comprehensive Pattern Detection: All major SMC concepts in one indicator with automatic identification
● Volume-Confirmed Signals: Multiple volume filters ensure only institutional-grade patterns are highlighted
● Interactive Dashboard: Real-time status display with active pattern counts and module status
● Smart Memory Management: Automatic cleanup of old patterns while preserving relevant market zones
● Full Alert System: Complete notification coverage for all pattern types and signal generations
● Customizable Display Options: Adjustable colors, transparency, and positioning for all visual elements
🎨Visualization
● Color-Coded Zones: Distinct color schemes for bullish/bearish patterns across all modules
● Dynamic Box Extensions: Automatically extending zones until mitigation or invalidation
● Equilibrium Lines: Fair Value Gap midpoint analysis with dotted line visualization
● Signal Markers: Clear spring/upthrust signals with directional arrows and probability indicators
● Dashboard Table: Professional-grade status panel with module activation and pattern counts
● Candle Coloring: Wick rejection highlighting with transparency-based visual emphasis
📖Usage Guidelines
Fair Value Gap Settings
● Days to Analyze: Default 15, Range 1-100 - Controls historical FVG detection period
● Volume Filter: Enables institutional volume confirmation for gap validity
● Min Volume Ratio: Default 1.5 - Minimum volume spike required for gap recognition
● Show Equilibrium Lines: Displays FVG midpoint analysis for precise entry targeting
Order Block Configuration
● Scan Range: Default 25 bars - Lookback period for structure break identification
● Volume Filter: Institutional volume confirmation for order block validation
● Mitigation Method: Wick or Close-based invalidation for different trading styles
● Min Volume Ratio: Default 1.5 - Volume threshold for significant order block formation
Wyckoff Analysis Parameters
● S/R Lookback: Default 20 - Support/resistance calculation period for spring/upthrust detection
● Volume Spike Multiplier: Default 1.5 - Required volume increase for pattern confirmation
● Probability Threshold: Default 0.7 - Minimum probability score for signal generation
● ATR Recovery Period: Default 5 - Price recovery calculation for pattern strength assessment
Market Structure Settings
● Auto-Detect Zones: Automatic identification of high-volume thin zones
● Proximity Threshold: Default 0.20% - Price proximity requirements for zone interaction
● Test Window: Default 20 bars - Time period for zone commitment calculation
Display Customization
● Dashboard Position: Four corner options for optimal chart layout
● Text Size: Scalable from Tiny to Large for different screen configurations
● Pattern Colors: Full customization of all bullish and bearish zone colors
✅Best Use Cases
● Swing Trading: Identify major institutional zones for multi-day position entries
● Day Trading: Precise intraday entries at Fair Value Gaps and Order Block boundaries
● Trend Analysis: Market structure confirmation for directional bias establishment
● Risk Management: Clear invalidation levels provided by all pattern boundaries
● Multi-Timeframe Analysis: Works across all timeframes from 1-minute to monthly charts
⚠️Limitations
● Market Condition Dependency: Performance varies between trending and ranging market environments
● Volume Data Requirements: Requires accurate volume data for optimal pattern confirmation
● Lagging Nature: Some patterns confirmed after initial price movement has begun
● Pattern Density: High-volatility markets may generate excessive pattern signals
● Educational Tool: Requires understanding of smart money concepts for effective application
💡What Makes This Unique
● Complete SMC Integration: First indicator to combine all major smart money concepts comprehensively
● Real-Time Dashboard: Instant visual feedback on all active institutional patterns
● Advanced Volume Analysis: Multi-layered volume confirmation across all detection modules
● Probability-Based Signals: Mathematical approach to Wyckoff pattern recognition accuracy
● Professional Memory Management: Sophisticated pattern cleanup without losing market relevance
🔬How It Works
1. Pattern Detection Phase:
● Multi-timeframe scanning for institutional footprints across all enabled modules
● Volume analysis integration confirms patterns meet institutional trading criteria
● Real-time pattern validation ensures only high-probability setups are displayed
2. Signal Generation Process:
● Automated zone creation with precise boundary definitions for each pattern type
● Dynamic extension system maintains relevance until mitigation or invalidation occurs
● Alert system activation provides immediate notification of new pattern formations
3. Dashboard Update Cycle:
● Live status monitoring tracks all active patterns and module states continuously
● Pattern count updates provide instant feedback on current market condition density
● Commitment tracking for market structure analysis shows institutional engagement levels
💡Note:
This indicator represents institutional trading concepts and should be used as part of a comprehensive trading strategy. Pattern recognition accuracy improves with understanding of smart money principles. Combine with proper risk management and multiple confirmation methods for optimal results.
ICT Open Range Gap & 1st FVG (fadi)In his 2024 mentorship program, ICT detailed how price action interacts with Open Range Gaps and the initial 1-minute Fair Value Gap following the market open at 9:30 AM.
What is an Open Range Gap?
An Open Range Gap occurs when the market opens at 9:30 AM at a higher or lower level compared to the previous day's close at 4:14 PM, primarily relevant in futures trading. According to ICT, there is a statistical probability of 70% that the price action will close 50% or more of the Open Range Gap within the first 30 minutes of trading (9:30 AM to 10:00 AM).
What is the First 1-Minute Fair Value Gap?
ICT places significant emphasis on the first 1-minute Fair Value Gap (FVG) that forms after the market opens at 9:30 AM. The FVG must occur at 9:31 AM or later to be considered valid. This gap often presents key opportunities for traders, as it represents a temporary imbalance between supply and demand that the market seeks to correct.
Understanding and leveraging these patterns can enhance trading strategies by offering insights into potential price movements shortly after market open.
ICT Open Range Gap & 1st FVG
This indicator is engineered to identify and highlight the Open Range Gaps and the first 1-minute Fair Value Gap. Furthermore, it functions across multiple timeframes, from seconds to hours, catering to various trading preferences. This flexibility is particularly beneficial for traders who favor higher timeframes or wish to observe these patterns' application at broader intervals.
Settings
The Open Range Gap indicator offers flexible display settings. It identifies the quadrants and provides optional color coding to distinguish them. Additionally, it tracks the "fill" level to visualize how far the price action has progressed into the gap, enhancing traders' ability to monitor and analyze price movements effectively. By default, the Open Range Gap will stop extending at 10:00 AM; however, there is an option to continue extending until the end of the trading day.
The 1st Fair Value Gap (FVG) can be viewed on any timeframe the indicator is active on, offering various styling options to match each trader's preferences. While the 1st FVG is particularly relevant to the day it is created, previous 1st FVGs within the same week may provide additional value. This indicator allows traders to extend Monday's 1st FVG, marking the first FVG of the week, or to extend all 1st FVGs throughout the week.
Imbalance Detector [LuxAlgo]This indicator detects and highlights market imbalances alongside a dashboard returning information about their frequency of occurrence and their fill percentage. Imbalances included in this script are Fair Value Gaps (FVG), Opening Gaps (OG) and Volume Imbalances (VI).
Alerts are available for the occurrences of all market imbalances.
Settings
Imbalances
Each imbalance has the same settings layout:
Imbalance: Enable/disable the detection of the specific imbalance.
Min Width: If enabled, requires the imbalance area width to be greater than the specified value. This minimum width can be expressed in points, percentages or ATR multiples.
Extend: Extend imbalances by a specified number of bars.
Dashboard
Show Dashboard: Enable/disable the dashboard on the chart.
Dashboard Location: Location of the dashboard on the chart.
Dashboard Size: Size of the dashboard.
Usage
Market imbalances are part of the many concepts available to price action traders and highlight areas where there is a disparity between supply and demand.
It is common to see price come back to these areas and traders often use them as supports and resistances but also as targets.
Details
The script can detect three distinct types of imbalances described below.
Fair Value Gaps
Fair Value Gaps (FVG) are three candle formations characterized by a gap between the wicks of the non-adjacent candles in the formation.
A bullish FVG is characterized by a gap between the current price low and the 2 bars anterior price high, and a bearish FVG is characterized by a gap between the current price high and the 2 bars anterior price low.
Opening Gaps
Opening Gaps (OG) are imbalances characterized by non-existent activity within a specific price range.
A bullish OG occurs when the current price low is greater than the previous high, a bearish OG occurs when price high is lower than the previous price low.
Opening Gaps primarily occur in closing markets, as such they are less common in the cryptocurrency market.
Most of the time an Opening Gap will also be accompanied by a Fair Value Gap, in order to avoid clutter the indicator will not detect Fair Value Gaps if Opening Gaps are enabled and if an Opening Gap has been detected
Volume Imbalances
Volume Imbalances (VI) are characterized by a price discontinuity between the opening price and previous close, but unlike Opening Gaps we do not see nonexistent activity within a certain price range.
A bullish VI occur when both the opening and closing prices are superior to the previous closing price, with the current price low overlapping the previous price high. A bearish VI occur when both the opening and closing prices are inferior to the previous closing price, with the current price high overlapping the previous price low.
Because Volume Imbalances can occur excessively on markets with frequent gaps, we make use of an additional condition for filtering out less significant imbalances. Bullish VI's will require the previous price high to be lower than the opening price, while bullish VI's will require the previous price low to be higher than the opening price.
Luxy BIG beautiful Dynamic ORBThis is an advanced Opening Range Breakout (ORB) indicator that tracks price breakouts from the first 5, 15, 30, and 60 minutes of the trading session. It provides complete trade management including entry signals, stop-loss placement, take-profit targets, and position sizing calculations.
The ORB strategy is based on the concept that the opening range of a trading session often acts as support/resistance, and breakouts from this range tend to lead to significant moves.
What Makes This Different?
Most ORB indicators simply draw horizontal lines and leave you to figure out the rest. This indicator goes several steps further:
Multi-Stage Tracking
Instead of just one ORB timeframe, this tracks FOUR simultaneously (5min, 15min, 30min, 60min). Each stage builds on the previous one, giving you multiple trading opportunities throughout the session.
Active Trade Management
When a breakout occurs, the indicator automatically calculates and displays entry price, stop-loss, and multiple take-profit targets. These lines extend forward and update in real-time until the trade completes.
Cycle Detection
Unlike indicators that only show the first breakout, this tracks the complete cycle: Breakout → Retest → Re-breakout. You can see when price returns to test the ORB level after breaking out (potential re-entry).
Failed Breakout Warning
If price breaks out but quickly returns inside the range (within a few bars), the label changes to "FAILED BREAK" - warning you to exit or avoid the trade.
Position Sizing Calculator
Built-in risk management that tells you exactly how many shares to buy based on your account size and risk tolerance. No more guessing or manual calculations.
Advanced Filtering
Optional filters for volume confirmation, trend alignment, and Fair Value Gaps (FVG) to reduce false signals and improve win rate.
Core Features Explained
### 1. Multi-Stage ORB Levels
The indicator builds four separate Opening Range levels:
ORB 5 - First 5 minutes (fastest signals, most volatile)
ORB 15 - First 15 minutes (balanced, most popular)
ORB 30 - First 30 minutes (slower, more reliable)
ORB 60 - First 60 minutes (slowest, most confirmed)
Each level is drawn as a horizontal range on your chart. As time progresses, the ranges expand to include more price action. You can enable or disable any stage and assign custom colors to each.
How it works: During the opening minutes, the indicator tracks the highest high and lowest low. Once the time period completes, those levels become your ORB high and low for that stage.
### 2. Breakout Detection
When price closes outside the ORB range, a label appears:
BREAK UP (green label above price) - Price closed above ORB High
BREAK DOWN (red label below price) - Price closed below ORB Low
The label shows which ORB stage triggered (ORB5, ORB15, etc.) and the cycle number if tracking multiple breakouts.
Important: Signals appear on bar close only - no repainting. What you see is what you get.
### 3. Retest Detection
After price breaks out and moves away, if it returns to test the ORB level, a "RETEST" label appears (orange). This indicates:
The original breakout level is now acting as support/resistance
Potential re-entry opportunity if you missed the first breakout
Confirmation that the level is significant
The indicator requires price to move a minimum distance away before considering it a valid retest (configurable in settings).
### 4. Failed Breakout Detection
If price breaks out but returns inside the ORB range within a few bars (before the breakout is "committed"), the original label changes to "FAILED BREAK" in orange.
This warns you:
The breakout lacked conviction
Consider exiting if already in the trade
Wait for better setup
Committed Breakout: The indicator tracks how many bars price stays outside the range. Only after staying outside for the minimum number of bars does it become a committed breakout that can be retested.
### 5. TP/SL Lines (Trade Management)
When a breakout occurs, colored horizontal lines appear showing:
Entry Line (cyan for long, orange for short) - Your entry price (the ORB level)
Stop Loss Line (red) - Where to exit if trade goes against you
TP1, TP2, TP3 Lines (same color as entry) - Profit targets at 1R, 2R, 3R
These lines extend forward as new bars form, making it easy to track your trade. When a target is hit, the line turns green and the label shows a checkmark.
Lines freeze (stop updating) when:
Stop loss is hit
The final enabled take-profit is hit
End of trading session (optional setting)
### 6. Position Sizing Dashboard
The dashboard (bottom-left corner by default) shows real-time information:
Current ORB stage and range size
Breakout status (Inside Range / Break Up / Break Down)
Volume confirmation (if filter enabled)
Trend alignment (if filter enabled)
Entry and Stop Loss prices
All enabled Take Profit levels with percentages
Risk/Reward ratio
Position sizing: Max shares to buy and total risk amount
Position Sizing Example:
If your account is $25,000 and you risk 1% per trade ($250), and the distance from entry to stop loss is $0.50, the calculator shows you can buy 500 shares (250 / 0.50 = 500).
### 7. FVG Filter (Fair Value Gap)
Fair Value Gaps are price inefficiencies - gaps left by strong momentum where one candle's high doesn't overlap with a previous candle's low (or vice versa).
When enabled, this filter:
Detects bullish and bearish FVGs
Draws semi-transparent boxes around these gaps
Only allows breakout signals if there's an FVG near the breakout level
Why this helps: FVGs indicate institutional activity. Breakouts through FVGs tend to be stronger and more reliable.
Proximity setting: Controls how close the FVG must be to the ORB level. 2.0x means the breakout can be within 2 times the FVG size - a reasonable default.
### 8. Volume & Trend Filters
Volume Filter:
Requires current volume to be above average (customizable multiplier). High volume breakouts are more likely to sustain.
Set minimum multiplier (e.g., 1.5x = 50% above average)
Set "strong volume" multiplier (e.g., 2.5x) that bypasses other filters
Dashboard shows current volume ratio
Trend Filter:
Only shows breakouts aligned with a higher timeframe trend. Choose from:
VWAP - Price above/below volume-weighted average
EMA - Price above/below exponential moving average
SuperTrend - ATR-based trend indicator
Combined modes (VWAP+EMA, VWAP+SuperTrend) for stricter filtering
### 9. Pullback Filter (Advanced)
Purpose:
Waits for price to pull back slightly after initial breakout before confirming the signal.
This reduces false breakouts from immediate reversals.
How it works:
- After breakout is detected, indicator waits for a small pullback (default 2%)
- Once pullback occurs AND price breaks out again, signal is confirmed
- If no pullback within timeout period (5 bars), signal is issued anyway
Settings:
Enable Pullback Filter: Turn this filter on/off
Pullback %: How much price must pull back (2% is balanced)
Timeout (bars): Max bars to wait for pullback (5 is standard)
When to use:
- Choppy markets with many fake breakouts
- When you want higher quality signals
- Combine with Volume filter for maximum confirmation
Trade-off:
- Better signal quality
- May miss some valid fast moves
- Slight entry delay
How to Use This Indicator
### For Beginners - Simple Setup
Add the indicator to your chart (5-minute or 15-minute timeframe recommended)
Leave all default settings - they work well for most stocks
Watch for BREAK UP or BREAK DOWN labels to appear
Check the dashboard for entry, stop loss, and targets
Use the position sizing to determine how many shares to buy
Basic Trading Plan:
Wait for a clear breakout label
Enter at the ORB level (or next candle open if you're late)
Place stop loss where the red line indicates
Take profit at TP1 (50% of position) and TP2 (remaining 50%)
### For Advanced Traders - Customized Setup
Choose which ORB stages to track (you might only want ORB15 and ORB30)
Enable filters: Volume (stocks) or Trend (trending markets)
Enable FVG filter for institutional confirmation
Set "Track Cycles" mode to catch retests and re-breakouts
Customize stop loss method (ATR for volatile stocks, ORB% for stable ones)
Adjust risk per trade and account size for accurate position sizing
Advanced Strategy Example:
Enable ORB15 only (disable others for cleaner chart)
Turn on Volume filter at 1.5x with Strong at 2.5x
Enable Trend filter using VWAP
Set Signal Mode to "Track Cycles" with Max 3 cycles
Wait for aligned breakouts (Volume + Trend + Direction)
Enter on retest if you missed the initial break
### Timeframe Recommendations
5-minute chart: Scalping, very active trading, crypto
15-minute chart: Day trading, balanced approach (most popular)
30-minute chart: Swing entries, less screen time
60-minute chart: Position trading, longer holds
The indicator works on any intraday timeframe, but ORB is fundamentally a day trading strategy. Daily charts don't make sense for ORB.
DEFAULT CONFIGURATION
ON by Default:
• All 4 ORB stages (5/15/30/60)
• Breakout Detection
• Retest Labels
• All TP levels (1/1.5/2/3)
• TP/SL Lines (Detailed mode)
• Dashboard (Bottom Left, Dark theme)
• Position Size Calculator
OFF by Default (Optional Filters):
• FVG Filter
• Pullback Filter
• Volume Filter
• Trend Filter
• HTF Bias Check
• Alerts
Recommended for Beginners:
• Leave all defaults
• Session Mode: Auto-Detect
• Signal Mode: Track Cycles
• Stop Method: ATR
• Add Volume Filter if trading stocks
Recommended for Advanced:
• Enable ORB15 + ORB30 only (disable 5 & 60)
• Enable: Volume + Trend + FVG
• Signal Mode: Track Cycles, Max 3
• Stop Method: ATR or Safer
• Enable HTF Daily bias check
## Settings Guide
The settings are organized into logical groups. Here's what each section controls:
### ORB COLORS Section
Show Edge Labels: Display "ORB 5", "ORB 15" labels at the right edge of the levels
Background: Fill the area between ORB high/low with color
Transparency: How see-through the background is (95% is nearly invisible)
Enable ORB 5/15/30/60: Turn each stage on or off individually
Colors: Assign colors to each ORB stage for easy identification
### SESSION SETTINGS Section
Session Mode: Choose trading session (Auto-Detect works for most instruments)
Custom Session Hours: Define your own hours if needed (format: HHMM-HHMM)
Auto-Detect uses the instrument's natural hours (stocks use exchange hours, crypto uses 24/7).
### BREAKOUT DETECTION Section
Enable Breakout Detection: Master switch for signals
Show Retest Labels: Display retest signals
Label Size: Visual size for all labels (Small recommended)
Enable FVG Filter: Require Fair Value Gap confirmation
Show FVG Boxes: Display the gap boxes on chart
Signal Mode: "First Only" = one signal per direction per day, "Track Cycles" = multiple signals
Max Cycles: How many breakout-retest cycles to track (6 is balanced)
Breakout Buffer: Extra distance required beyond ORB level (0.1-0.2% recommended)
Min Distance for Retest: How far price must move away before retest is valid (2% recommended)
Min Bars Outside ORB: Bars price must stay outside for committed breakout (2 is balanced)
### TARGETS & RISK Section
Enable Targets & Stop-Loss: Calculate and show trade management
TP1/TP2/TP3 checkboxes: Select which profit targets to display
Stop Method: How to calculate stop loss placement
- ATR: Based on volatility (best for most cases)
- ORB %: Fixed % of ORB range
- Swing: Recent swing high/low
- Safer: Widest of all methods
ATR Length & Multiplier: Controls ATR stop distance (14 period, 1.5x is standard)
ORB Stop %: Percentage beyond ORB for stop (20% is balanced)
Swing Bars: Lookback period for swing high/low (3 is recent)
### TP/SL LINES Section
Show TP/SL Lines: Display horizontal lines on chart
Label Format: "Short" = minimal text, "Detailed" = shows prices
Freeze Lines at EOD: Stop extending lines at session close
### DASHBOARD Section
Show Info Panel: Display the metrics dashboard
Theme: Dark or Light colors
Position: Where to place dashboard on chart
Toggle rows: Show/hide specific information rows
Calculate Position Size: Enable the position sizing calculator
Risk Mode: Risk fixed $ amount or % of account
Account Size: Your total trading capital
Risk %: Percentage to risk per trade (0.5-1% recommended)
### VOLUME FILTER Section
Enable Volume Filter: Require volume confirmation
MA Length: Average period (20 is standard)
Min Volume: Required multiplier (1.5x = 50% above average)
Strong Volume: Multiplier that bypasses other filters (2.5x)
### TREND FILTER Section
Enable Trend Filter: Require trend alignment
Trend Mode: Method to determine trend (VWAP is simple and effective)
Custom EMA Length: If using EMA mode (50 for swing, 20 for day trading)
SuperTrend settings: Period and Multiplier if using SuperTrend mode
### HIGHER TIMEFRAME Section
Check Daily Trend: Display higher timeframe bias in dashboard
Timeframe: What TF to check (D = daily, recommended)
Method: Price vs MA (stable) or Candle Direction (reactive)
MA Period: EMA length for Price vs MA method (20 is balanced)
Min Strength %: Minimum strength threshold for HTF bias to be considered
- For "Price vs MA": Minimum distance (%) from moving average
- For "Candle Direction": Minimum candle body size (%)
- 0.5% is balanced - increase for stricter filtering
- Lower values = more signals, higher values = only strong trends
### ALERTS Section
Enable Alerts: Master switch (must be ON to use any alerts)
Breakout Alerts: Notify on ORB breakouts
Retest Alerts: Notify when price retests after breakout
Failed Break Alerts: Notify on failed breakouts
Stage Complete Alerts: Notify when each ORB stage finishes forming
After enabling desired alert types, click "Create Alert" button, select this indicator, choose "Any alert() function call".
## Tips & Best Practices
### General Trading Tips
ORB works best on liquid instruments (stocks with good volume, major crypto pairs)
First hour of the session is most important - that's when ORB is forming
Breakouts WITH the trend have higher success rates - use the trend filter
Failed breakouts are common - use the "Min Bars Outside" setting to filter weak moves
Not every day produces good ORB setups - be patient and selective
### Position Sizing Best Practices
Never risk more than 1-2% of your account on a single trade
Use the built-in calculator - don't guess your position size
Update your account size monthly as it grows
Smaller accounts: use $ Amount mode for simplicity
Larger accounts: use % of Account mode for scaling
### Take Profit Strategy
Most traders use: 50% at TP1, 50% at TP2
Aggressive: Hold through TP1 for TP2 or TP3
Conservative: Full exit at TP1 (1:1 risk/reward)
After TP1 hits, consider moving stop to breakeven
TP3 rarely hits - only on strong trending days
### Filter Combinations
Maximum Quality: Volume + Trend + FVG (fewest signals, highest quality)
Balanced: Volume + Trend (good quality, reasonable frequency)
Active Trading: No filters or Volume only (many signals, lower quality)
Trending Markets: Trend filter essential (indices, crypto)
Range-Bound: Volume + FVG (avoid trend filter)
### Common Mistakes to Avoid
Chasing breakouts - wait for the bar to close, don't FOMO into wicks
Ignoring the stop loss - always use it, move it manually if needed
Over-leveraging - the calculator shows MAX shares, you can buy less
Trading every signal - quality > quantity, use filters
Not tracking results - keep a journal to see what works for YOU
## Pros and Cons
### Advantages
Complete all-in-one solution - from signal to position sizing
Multiple timeframes tracked simultaneously
Visual clarity - easy to see what's happening
Cycle tracking catches opportunities others miss
Built-in risk management eliminates guesswork
Customizable filters for different trading styles
No repainting - what you see is locked in
Works across multiple markets (stocks, forex, crypto)
### Limitations
Intraday strategy only - doesn't work on daily charts
Requires active monitoring during first 1-2 hours of session
Not suitable for after-hours or extended sessions by default
Can produce many signals in choppy markets (use filters)
Dashboard can be overwhelming for complete beginners
Performance depends on market conditions (trends vs ranges)
Requires understanding of risk management concepts
### Best For
Day traders who can watch the first 1-2 hours of market open
Traders who want systematic entry/exit rules
Those learning proper position sizing and risk management
Active traders comfortable with multiple signals per day
Anyone trading liquid instruments with clear sessions
### Not Ideal For
Swing traders holding multi-day positions
Set-and-forget / passive investors
Traders who can't watch market open
Complete beginners unfamiliar with trading concepts
Low volume / illiquid instruments
## Frequently Asked Questions
Q: Why are no signals appearing?
A: Check that you're on an intraday timeframe (5min, 15min, etc.) and that the current time is within your session hours. Also verify that "Enable Breakout Detection" is ON and at least one ORB stage is enabled. If using filters, they might be blocking signals - try disabling them temporarily.
Q: What's the best ORB stage to use?
A: ORB15 (15 minutes) is most popular and balanced. ORB5 gives faster signals but more noise. ORB30 and ORB60 are slower but more reliable. Many traders use ORB15 + ORB30 together.
Q: Should I enable all the filters?
A: Start with no filters to see all signals. If too many false signals, add Volume filter first (stocks) or Trend filter (trending markets). FVG filter is most restrictive - use for maximum quality but fewer signals.
Q: How do I know which stop loss method to use?
A: ATR works for most cases - it adapts to volatility. Use ORB% if you want predictable stop placement. Swing is for respecting chart structure. Safer gives you the most room but largest risk.
Q: Can I use this for swing trading?
A: Not really - ORB is fundamentally an intraday strategy. The ranges reset each day. For swing trading, look at weekly support/resistance or moving averages instead.
Q: Why do TP/SL lines disappear sometimes?
A: Lines freeze (stop extending) when: stop loss is hit, the last enabled take-profit is hit, or end of session arrives (if "Freeze at EOD" is enabled). This is intentional - the trade is complete.
Q: What's the difference between "First Only" and "Track Cycles"?
A: "First Only" shows one breakout UP and one DOWN per day maximum - clean but might miss opportunities. "Track Cycles" shows breakout-retest-rebreak sequences - more signals but busier chart.
Q: Is position sizing accurate for options/forex?
A: The calculator is designed for shares (stocks). For options, ignore the share count and use the risk amount. For forex, you'll need to adapt the lot size calculation manually.
Q: How much capital do I need to use this?
A: The indicator works for any account size, but practical day trading typically requires $25,000 in the US due to Pattern Day Trader rules. Adjust the "Account Size" setting to match your capital.
Q: Can I backtest this strategy?
A: This is an indicator, not a strategy script, so it doesn't have built-in backtesting. You can visually review historical signals or code a strategy script using similar logic.
Q: Why does the dashboard show different entry price than the breakout label?
A: If you're looking at an old breakout, the ORB levels may have changed when the next stage completed. The dashboard always shows the CURRENT active range and trade setup.
Q: What's a good win rate to expect?
A: ORB strategies typically see 40-60% win rate depending on market conditions and filters used. The strategy relies on positive risk/reward ratios (2:1 or better) to be profitable even with moderate win rates.
Q: Does this work on crypto?
A: Yes, but crypto trades 24/7 so you need to define what "session start" means. Use Session Mode = Custom and set your preferred daily reset time (e.g., 0000-2359 UTC).
## Credits & Transparency
### Development
This indicator was developed with the assistance of AI technology to implement complex ORB trading logic.
The strategy concept, feature specifications, and trading logic were designed by the publisher. The implementation leverages modern development tools to ensure:
Clean, efficient, and maintainable code
Comprehensive error handling and input validation
Detailed documentation and user guidance
Performance optimization
### Trading Concepts
This indicator implements several public domain trading concepts:
Opening Range Breakout (ORB): Trading strategy popularized by Toby Crabel, Mark Fisher and many more talanted traders.
Fair Value Gap (FVG): Price imbalance concept from ICT methodology
SuperTrend: ATR-based trend indicator using public formula
Risk/Reward Ratio: Standard risk management principle
All mathematical formulas and technical concepts used are in the public domain.
### Pine Script
Uses standard TradingView built-in functions:
ta.ema(), ta.atr(), ta.vwap(), ta.highest(), ta.lowest(), request.security()
No external libraries or proprietary code from other authors.
## Disclaimer
This indicator is provided for educational and informational purposes only. It is not financial advice.
Trading involves substantial risk of loss and is not suitable for every investor. Past performance shown in examples is not indicative of future results.
The indicator provides signals and calculations, but trading decisions are solely your responsibility. Always:
Test strategies on paper before using real money
Never risk more than you can afford to lose
Understand that all trading involves risk
Consider seeking advice from a licensed financial advisor
The publisher makes no guarantees regarding accuracy, profitability, or performance. Use at your own risk.
---
Version: 3.0
Pine Script Version: v6
Last Updated: October 2024
For support, questions, or suggestions, please comment below or send a private message.
---
Happy trading, and remember: consistent risk management beats perfect entry timing every time.
Unicorn ICT Signals [TradingFinder] Breaker Block + FVG Zones🔵 Introduction
The "ICT Unicorn Model" trading strategy in the "Inner Circle Trader" (ICT) style is one of the well-known strategies in the world of Forex and financial market trading.
The ICT methodology was developed by Michael Huddleston and is based on technical analysis and Price Action concepts.
This style focuses specifically on interpreting price movements and identifying optimal entry and exit points in the market.
In the Unicorn strategy, traders seek points where the probability of price reversal or trend continuation is high. This strategy is primarily based on recognizing and analyzing Price Action patterns and market structure.
By understanding"ICT Unicorn Model", traders can make more informed decisions about where to enter or exit trades, thereby increasing their chances of success in the market.
🟣 Understanding the Breaker Block
A Breaker Block is a specialized form of an Order Block that changes its role after a key market level is broken. Typically, an Order Block is an area on the chart where large institutional orders are likely to be placed, providing strong support or resistance.
However, when this area is breached, and the price moves in the opposite direction, it transforms into what is known as a Breaker Block. This shift indicates a reversal in market sentiment, turning the previous support into resistance or vice versa, thereby signaling a potential trend change to traders.
🟣 The Significance of the Fair Value Gap (FVG)
The Fair Value Gap (FVG) refers to an area on a price chart where the price rapidly moves through a level, leaving behind a gap. This gap represents an imbalance between supply and demand and is often seen as a potential area for price to return and fill the gap.
These zones are crucial for traders as they can indicate future price movements, providing opportunities to enter or exit trades.
🟣 Defining the ICT Unicorn Model
When an FVG overlaps with a Breaker Block, it forms a highly significant trading area known as a Unicorn. This overlap creates an ideal zone for traders to enter the market, as it combines two powerful technical signals.
The Unicorn Model is therefore considered an optimal strategy for identifying precise entry and exit points in the financial markets.
Demand ICT Unicorn Model :
Supply ICT Unicorn Model :
🔵 How to Use
🟣 Bullish ICT Unicorn
The Bullish ICT Unicorn model is applicable when the market is in an uptrend, and traders are seeking buying opportunities.
Follow these steps to identify Bullish ICT Unicorn :
Identify the Bullish Breaker Block : Locate an area where the price moved upward after breaking an Order Block. This area now acts as a Breaker Block.
Identify the Bullish FVG : Look for a Fair Value Gap near the Breaker Block.
Confirm the Unicorn : When the Bullish Breaker Block and Bullish FVG overlap, a Bullish Unicorn is confirmed. Traders can enter a buy position when the price returns to this zone.
🟣Bearish ICT Unicorn
The Bearish ICT Unicorn model is used when the market is in a downtrend, and traders are looking for selling opportunities.
To identify Bearish ICT Unicorn, follow these steps :
Identify the Bearish Breaker Block : Find an area where the price moved downward after breaking an Order Block. This area now acts as a Breaker Block.
Identify the Bearish FVG : Check if a Fair Value Gap has formed near the Breaker Block.
Confirm the Unicorn : When the Bearish Breaker Block and Bearish FVG overlap, a Bearish Unicorn is confirmed. Traders can enter a sell position when the price returns to this zone.
🔵 Setting
🟣 Global Setting
Pivot Period of Order Blocks Detector : Enter the desired pivot period to identify the Order Block.
Order Block Validity Period (Bar) : You can specify the maximum time the Order Block remains valid based on the number of candles from the origin.
Mitigation Level Breaker Block : Determining the basic level of a Breaker Block. When the price hits the basic level, the Breaker Block due to mitigation.
Mitigation Level FVG : Determining the basic level of a FVG. When the price hits the basic level, the FVG due to mitigation.
Mitigation Level Unicorn : Determining the basic level of a Unicorn Block. When the price hits the basic level, the Unicorn Block due to mitigation.
🟣 Unicorn Block Display
Show All Unicorn Block : If it is turned off, only the last Order Block will be displayed.
Demand Unicorn Block : Show or not show and specify color.
Supply Unicorn Block : Show or not show and specify color.
🟣 Breaker Block Display
Show All Breaker Block : If it is turned off, only the last Breaker Block will be displayed.
Demand Main Breaker Block : Show or not show and specify color.
Demand Sub (Propulsion & BoS Origin) Breaker Block : Show or not show and specify color.
Supply Main Breaker Block : Show or not show and specify color.
Supply Sub (Propulsion & BoS Origin) Breaker Block : Show or not show and specify color.
🟣 Fair Value Gap Display
Show Bullish FVG : Toggles the display of demand-related boxes.
Show Bearish FVG : Toggles the display of supply-related boxes.
🟣 Logic Settings
🟣 Order Block Refinement
Refine Order Blocks : Enable or disable the refinement feature. Mode selection.
🟣 FVG Filter
FVG Filter : This refines the number of identified FVG areas based on a specified algorithm to focus on higher quality signals and reduce noise.
Types of FVG filters :
Very Aggressive Filter: Adds a condition where, for an upward FVG, the last candle's highest price must exceed the middle candle's highest price, and for a downward FVG, the last candle's lowest price must be lower than the middle candle's lowest price. This minimally filters out FVGs.
Aggressive Filter: Builds on the Very Aggressive mode by ensuring the middle candle is not too small, filtering out more FVGs.
Defensive Filter: Adds criteria regarding the size and structure of the middle candle, requiring it to have a substantial body and specific polarity conditions, filtering out a significant number of FVGs.
Very Defensive Filter: Further refines filtering by ensuring the first and third candles are not small-bodied doji candles, retaining only the highest quality signals.
🟣 Alert
Alert Name : The name of the alert you receive.
Alert ICT Unicorn Model Block Mitigation :
On / Off
Message Frequency :
This string parameter defines the announcement frequency. Choices include: "All" (activates the alert every time the function is called), "Once Per Bar" (activates the alert only on the first call within the bar), and "Once Per Bar Close" (the alert is activated only by a call at the last script execution of the real-time bar upon closing). The default setting is "Once per Bar".
Show Alert Time by Time Zone :
The date, hour, and minute you receive in alert messages can be based on any time zone you choose. For example, if you want New York time, you should enter "UTC-4". This input is set to the time zone "UTC" by default.
🔵Conclusion
The Unicorn Model in ICT, utilizing the concepts of Breaker Blocks and Fair Value Gaps, provides an effective tool for identifying entry and exit points in financial markets. By offering more precise signals, this model helps traders make better decisions and minimize trading risks.
Success in applying this model requires practice and a deep understanding of market structure, but it can significantly improve trading performance.
Liquidity Voids (FVG) [LuxAlgo]The Liquidity Voids (FVG) indicator is designed to detect liquidity voids/imbalances derived from the fair value gaps and highlight the distribution of the liquidity voids at specific price levels.
Fair value gaps and liquidity voids are both indicators of sell-side and buy-side imbalance in trading. The only difference is how they are represented in the trading chart. Liquidity voids occur when the price moves sharply in one direction forming long-range candles that have little trading activity, whilst a fair value is a gap in price.
🔶 USAGE
Liquidity can help you to determine where the price is likely to head next. In conjunction with higher timeframe market structure, and supply and demand, liquidity can give you insights into potential price movement. It's essential to practice using liquidity alongside trend analysis and supply and demand to read market conditions effectively.
The peculiar thing about liquidity voids is that they almost always fill up. And by “filling”, we mean the price returns to the origin of the gap. The reason for this is that during the gap, an imbalance is created in the asset that has to be made up for. The erasure of this gap is what we call the filling of the void. And while some voids waste no time in filling, some others take multiple periods before they get filled.
🔶 SETTINGS
The script takes into account user-defined parameters and detects the liquidity voids based on them, where detailed usage for each user-defined input parameter in indicator settings is provided with the related input's tooltip.
🔹 Liquidity Detection
Liquidity Voids Threshold: Act as a filter while detecting the Liquidity Voids. When set to 0 basically means no filtering is applied, increasing the value causes the script to check the width of the void compared to a fixed-length ATR value
Bullish: Color customization option for Bullish Liquidity Voids
Bearish: Color customization option for Bearish Liquidity Voids
Labels: Toggles the visibility of the Liquidity Void label
Filled Liquidity Voids: Toggles the visibility of the Filled Liquidity Voids
🔹 Display Options
Mode: Controls the lookback length of detection and visualization
# Bars: Lookback length customization, in case Mode is set to Present
🔶 RELATED SCRIPTS
Buyside-Sellside-Liquidity
Fair-Value-Gaps
🔥 SMC Reversal Engine v3.5 – Clean FVG + DashboardSMC Reversal Engine v3.5 – Clean FVG + Dashboard
The SMC Reversal Engine is a precision-built Smart Money Concepts tool designed to help traders understand market structure the single most important foundation in reading price action. It reveals how institutions move liquidity, where structure shifts occur, and how Fair Value Gaps (FVGs) align with these changes to signal potential reversals or continuations.
Understanding How It Works
At its core, the script detects CHoCH (Change of Character) and BOS (Break of Structure)—the two key turning points in institutional order flow. A CHoCH shows that the market has reversed intent (for example, from bearish to bullish), while a BOS confirms a continuation of the current trend. Together, they form the backbone of structure-based trading.
To refine this logic, the engine uses fractal pivots clusters of candles that confirm swing highs and lows. Fractals filter out noise, identifying points where price truly changes direction. The script lets you set this sensitivity manually or automatically adapts it depending on the timeframe. Lower fractal sensitivity captures smaller intraday swings for scalpers, while higher sensitivity locks onto major swing structures for swing and position traders.
The dashboard gives you a real-time reading of the trend, the last high and low, and what the market is likely to do next—for example, “Expect HL” or “Wait for LH.” It even tracks the accuracy of these structure predictions over time, giving an educational feedback loop to help you learn price behavior.
Fair Value Gaps and Tap Entries
Fair Value Gaps (FVGs) mark moments when price moves too quickly, leaving inefficiencies that institutions often revisit. When price taps into an FVG, it often acts as a high-probability entry zone for reversals or continuations. The script automatically detects, extends, and deletes old FVGs, keeping only relevant zones visible for a clean chart.
Traders can enable markTapEntry to visually confirm when an FVG gets filled. This is a simple but powerful trigger that often aligns with CHoCH or BOS moments.
Recommended Settings for Different Traders
For Scalpers, use a lower HTF structure such as 1 minute or 5 minutes. Keep Auto Fractals on for faster reaction, and limit FVG zones to 2–3. This gives you a clean, real-time reflection of order flow.
For Intraday Traders, 15-minute to 1-hour structure gives the perfect balance between reactivity and stability. Fractal sensitivity around 3–5 captures the most actionable levels without excessive noise.
For Swing Traders, use 4-hour, 1-day, or even 3-day structure. The chart becomes smoother, showing higher-order CHoCH and BOS that define true institutional transitions. Combine this with EMA confirmation for higher conviction.
For Position or Macro Traders, select Weekly or Monthly structure. The dynamic label system expands automatically to keep more historical BOS/CHoCH points visible, allowing you to see long-term shifts clearly.
Educational Value
This indicator is built to teach traders how to see structure the way professionals and smart money do. You’ll learn to recognize how markets transition from one phase to another from accumulation to manipulation to expansion. Each CHoCH or BOS helps you decode where liquidity is being taken and where new intent begins.
The included SMC Quick Guide explains each structural cue right on your chart. Within days of using it, you’ll start noticing patterns that reveal how price really moves, instead of guessing based on indicators.
Settings and How to Use Them
Everything in the SMC Reversal Engine is designed to adapt to your trading style and help you read structure like a professional.
When you open the Inputs Panel, you’ll see sections like Fractal Settings, FVG Settings, Buy/Sell Confirmation, and Educational Tools.
Under Fractal Settings, you can choose the higher timeframe (HTF) that defines structure—from minutes to weeks. The Auto Fractal Sensitivity option automatically adjusts how tight or wide swing points are detected. Lower sensitivity captures short-term fluctuations (great for scalpers), while higher values filter noise and isolate major swing highs and lows (perfect for swing traders).
The Fair Value Gap (FVG) options manage imbalance zones—the footprints of institutional orders. You can show or hide these zones, extend them into the future, and control how long they remain before auto-deletion. The Mark Entry When FVG is Tapped option places a small label when price revisits the gap—a potential entry signal that aligns with smart money logic.
EMA Confirmation adds a layer of confluence. The script can automatically scale EMA lengths based on timeframe, or you can input your preferred values (for example, 9/21 for intraday, 50/200 for swing). Require EMA Crossover Confirmation helps filter false moves, keeping you trading only with aligned momentum.
The Educational section gives traders visual reinforcement. When enabled, you’ll see tags like HH (Higher High), HL (Higher Low), LH (Lower High), and LL (Lower Low). These show structure shifts in real time, helping you learn visually what market structure really means. The Cheat Sheet panel summarizes each term, always visible in the corner for quick reference.
Early Top Warnings use wick size and RSI divergence to signal when price may be overextended—a useful heads-up before potential CHoCH formations.
Finally, the Narrative and Accuracy System translates structure into simple English—messages like Trend Bullish → Wait for HL or BOS Bearish → Expect LL. Over time, you can monitor how accurate these expectations have been, training your pattern recognition and confidence.
Pro Tips for Getting the Most Out of the SMC Reversal Engine
1. Start on Higher Timeframes First: Begin on the 4H or Daily chart where structure is cleaner and signals have more weight. Then scale down for entries once you grasp directional intent.
2. Use FVGs for Context, Not Just Entries: Observe how price behaves around unfilled FVGs—they often act as magnets or barriers, offering insight into where liquidity lies.
3. Combine With HTF Bias: Always trade in the direction of your higher timeframe trend. A bullish weekly BOS means lower timeframes should ideally align bullishly for optimal setups.
4. Clean Charts = Clear Mind: Use Minimal Mode when focusing on price action, then toggle the educational tools back on to review structure for learning.
5. Don’t Chase Every CHoCH or BOS: Focus on significant breaks that align with broader context and liquidity sweeps, not minor fluctuations.
6. Accuracy Rate Is a Feedback Tool: Use the accuracy stat as a reflection of consistency—not a trade trigger.
7. Build Narrative Awareness: Read the on-chart narrative messages to reinforce structured thinking and stay disciplined.
8. Practice Replay Mode: Step through past structures to visually connect CHoCH, BOS, and FVG behavior. It’s one of the best ways to train pattern recognition.
Summary
* Detects CHoCH and BOS automatically with fractal precision
* Identifies and manages Fair Value Gaps (FVGs) in real time
* Displays a smart dashboard with accuracy tracking
* Adapts label visibility dynamically by timeframe
* Perfect for both learning and trading with institutional clarity
This tool isn’t about predicting the market—it’s about understanding it. Once you can read structure, everything else in trading becomes secondary.
Smart Structure Pro - Market Structure & Smart Money Concepts═══════════════════════════════════════════════════════════════════════════════
SMART STRUCTURE PRO
═══════════════════════════════════════════════════════════════════════════════
A comprehensive market structure analysis tool that identifies institutional trading
patterns and smart money concepts for improved trade timing and decision-making.
═══════════════════════════════════════════════════════════════════════════════
📊 WHAT IT DOES
═══════════════════════════════════════════════════════════════════════════════
This indicator automatically detects and visualizes key market structure elements:
🔹 BOS (Break of Structure)
- Identifies trend continuation patterns
- Marks when price breaks above previous highs (bullish) or below previous lows (bearish)
- Confirms trend strength and momentum
🔹 CHoCH (Change of Character)
- Detects potential trend reversals
- Alerts when market structure shifts from bullish to bearish or vice versa
- Helps identify early reversal opportunities
🔹 Order Blocks
- Highlights institutional entry zones
- Identifies the last opposite candle before a structure break
- Shows areas where smart money likely entered positions
🔹 Fair Value Gaps (FVG)
- Detects price imbalances and inefficiencies
- Shows areas where price moved rapidly leaving gaps
- Often act as support/resistance when retested
🔹 Liquidity Zones
- Marks swing high and low levels
- Identifies areas where stop losses likely cluster
- Shows potential stop hunt and liquidity grab zones
═══════════════════════════════════════════════════════════════════════════════
🎯 HOW TO USE
═══════════════════════════════════════════════════════════════════════════════
BULLISH SETUP:
1. Wait for Bullish CHoCH (trend reversal signal) or BOS ↑ (continuation)
2. Look for price to pull back into an Order Block or Fair Value Gap
3. Enter long when price bounces from these zones
4. Place stop loss below the Order Block
5. Target the next liquidity zone or resistance level
BEARISH SETUP:
1. Wait for Bearish CHoCH (trend reversal signal) or BOS ↓ (continuation)
2. Look for price to retrace into an Order Block or Fair Value Gap
3. Enter short when price rejects from these zones
4. Place stop loss above the Order Block
5. Target the next liquidity zone or support level
DASHBOARD INTERPRETATION:
• Trend: Current market direction (Bullish/Bearish)
• Volume: Confirmation strength (High volume = stronger signals)
• Signal: Latest structure break detected
• Key High/Low: Critical levels for the current trend
• Position: Price location (Premium = expensive, Discount = cheap)
═══════════════════════════════════════════════════════════════════════════════
⚙️ SETTINGS GUIDE
═══════════════════════════════════════════════════════════════════════════════
STRUCTURE DETECTION:
• Pivot Length (Default: 10)
- Lower values = More signals but potentially weaker
- Higher values = Fewer signals but stronger/more reliable
- Recommended: 8-12 for intraday, 10-15 for higher timeframes
• Structure Line Extension
- Visual preference for how far lines extend
- Does not affect signal detection
SMART MONEY CONCEPTS:
• Order Block Extension: How long OB boxes remain visible
• FVG Extension: How long gap boxes remain visible
• Min FVG Size: Filter out small gaps (0 = show all)
- Set to 10-20% to reduce noise
- Set to 0 to see all gaps
VOLUME FILTER:
• Volume Confirmation (Recommended: ON)
- Filters weak signals without volume support
- Reduces false breakouts
• Volume Multiplier (Default: 1.5)
- Higher = Stricter filtering (fewer but stronger signals)
- Lower = More signals (but may include weak ones)
DISPLAY:
• Dashboard: Toggle information panel
• Trend Background: Subtle color tint showing current trend
• Dashboard Position: Choose corner placement
═══════════════════════════════════════════════════════════════════════════════
🔔 ALERTS
═══════════════════════════════════════════════════════════════════════════════
Available alert conditions:
✓ Bullish BOS - Uptrend continuation confirmed
✓ Bearish BOS - Downtrend continuation confirmed
✓ Bullish CHoCH - Reversal to uptrend detected
✓ Bearish CHoCH - Reversal to downtrend detected
✓ Structure Break - Any significant market structure change
To set up alerts:
1. Click the "⏰" alert icon
2. Select "Smart Structure Pro"
3. Choose your desired condition
4. Configure notification method
5. Click "Create"
═══════════════════════════════════════════════════════════════════════════════
⚠️ IMPORTANT DISCLOSURES
═══════════════════════════════════════════════════════════════════════════════
REPAINTING BEHAVIOR:
• Pivot points WILL repaint until confirmed (this is by design and unavoidable)
• Structure breaks (BOS/CHoCH) use CLOSED candles and do NOT repaint after confirmation
• Order Blocks and FVGs are drawn on confirmed signals and do NOT repaint
• All signals wait for candle close before triggering
BEST PRACTICES:
• Use on higher timeframes (15min+) for more reliable signals
• Combine with other analysis (support/resistance, volume profile, etc.)
• Wait for candle close confirmation before acting on signals
• Use proper risk management - this is not a standalone trading system
• Backtest on your preferred instrument and timeframe
PERFORMANCE:
• Limited to 100 boxes, 100 lines, 100 labels for optimal performance
• Older objects automatically removed as new ones appear
• Works on all markets (Forex, Crypto, Stocks, Indices, Commodities)
═══════════════════════════════════════════════════════════════════════════════
📚 CONCEPTS EXPLAINED
═══════════════════════════════════════════════════════════════════════════════
MARKET STRUCTURE:
Market structure refers to the pattern of price movements creating swing highs
and lows. Understanding structure helps identify trend direction and potential
reversal points.
SMART MONEY CONCEPTS:
These are trading techniques based on tracking institutional order flow and
understanding where large players (banks, funds, institutions) enter and exit
positions.
ORDER BLOCKS:
The last opposing candle before a strong directional move. Institutions often
leave unfilled orders in these zones, which can act as support/resistance when
price returns.
FAIR VALUE GAPS:
Areas where price moved so quickly that it left an imbalance. These gaps often
get "filled" as price returns to find equilibrium, creating trading opportunities.
═══════════════════════════════════════════════════════════════════════════════
🎓 EDUCATIONAL VALUE
═══════════════════════════════════════════════════════════════════════════════
This indicator helps traders:
✓ Understand market structure mechanics
✓ Identify institutional trading patterns
✓ Improve trade timing and entry precision
✓ Recognize trend continuation vs reversal
✓ Learn smart money concepts through visualization
═══════════════════════════════════════════════════════════════════════════════
📋 TECHNICAL DETAILS
═══════════════════════════════════════════════════════════════════════════════
• Version: 1.0.0
• Pine Script Version: 5
• Indicator Type: Overlay
• No Repainting: Structure breaks use confirmed candles
• Performance Optimized: Limited drawing objects
• Works On: All markets and timeframes
• Alerts: Yes, fully customizable
═══════════════════════════════════════════════════════════════════════════════
👤 AUTHOR
═══════════════════════════════════════════════════════════════════════════════
Created by: Zakaria Safri
Original Work: All code and concepts are original implementations
Based On: ICT (Inner Circle Trader) educational concepts
License: © 2024 Zakaria Safri - Personal Use Only
═══════════════════════════════════════════════════════════════════════════════
⚖️ DISCLAIMER
═══════════════════════════════════════════════════════════════════════════════
This indicator is for educational and informational purposes only. It does not
constitute financial advice. Trading involves substantial risk of loss. Past
performance does not guarantee future results. Always conduct your own research
and consult with a licensed financial advisor before making trading decisions.
The author is not responsible for any losses incurred from using this indicator.
═══════════════════════════════════════════════════════════════════════════════
If you find this indicator helpful, please:
👍 Like and favorite
⭐ Leave a review
📢 Share with other traders
💬 Comment with feedback or suggestions
Happy Trading! 📈
ICT Venom Trading Model [TradingFinder] SMC NY Session 2025SetupIntroduction
The ICT Venom Model is one of the most advanced strategies in the ICT framework, designed for intraday trading on major US indices such as US100, US30, and US500. This model is rooted in liquidity theory, time and price dynamics, and institutional order flow.
The Venom Model focuses on detecting Liquidity Sweeps, identifying Fair Value Gaps (FVG), and analyzing Market Structure Shifts (MSS). By combining these ICT core concepts, traders can filter false breakouts, capture sharp reversals, and align their entries with the real institutional liquidity flow during the New York Session.
Key Highlights of ICT Venom Model :
Intraday focus : Optimized for US indices (US100, US30, US500).
Time element : Critical window is 08:00–09:30 AM (Venom Box).
Liquidity sweep logic : Price grabs liquidity at 09:30 AM open.
Confirmation tools : MSS, CISD, FVG, and Order Blocks.
Dual setups : Works in both Bullish Venom and Bearish Venom conditions.
At its core, the ICT Venom Strategy is a framework that explains how institutional players manipulate liquidity pools by engineering false breakouts around the initial range of the market. Between 08:00 and 09:30 AM New York time, a range called the “Venom Box” is formed.
This range acts as a trap for retail traders, and once the 09:30 AM market open occurs, price usually sweeps either the high or the low of this box to collect stop-loss liquidity. After this liquidity grab, the market often reverses sharply, giving birth to a classic Bullish Venom Setup or Bearish Venom Setup
The Venom Model (ICT Venom Trading Strategy) is not just a pattern recognition tool but a precise institutional trading model based on time, liquidity, and market structure. By understanding the Initial Balance Range, watching for Liquidity Sweeps, and entering trades from FVG zones or Order Blocks, traders can anticipate market reversals with high accuracy. This strategy is widely respected among ICT followers because it offers both risk management discipline and clear entry/exit conditions. In short, the Venom Model transforms liquidity manipulation into actionable trading opportunities.
Bullish Setup :
Bearish Setup :
🔵 How to Use
The ICT Venom Model is applied by observing price behavior during the early hours of the New York session. The first step is to define the Initial Range, also called the Venom Box, which is formed between 08:00 and 09:30 AM EST. This range marks the high and low points where institutional traders often create traps for retail participants. Once the official market opens at 09:30 AM, price usually sweeps either the top or bottom of this box to collect liquidity.
After this liquidity grab, the market tends to reverse in alignment with the true directional bias. To confirm the setup, traders look for signals such as a Market Structure Shift (MSS), Change in State of Delivery (CISD), or the appearance of a Fair Value Gap (FVG). These elements validate the reversal and provide precise levels for trade execution.
🟣 Bullish Setup
In a Bullish Venom Setup, the market first sweeps the low of the Venom Box after 09:30 AM, triggering sell-side liquidity collection. This downward move is often sharp and deceptive, designed to stop out retail long positions and attract new sellers. Once liquidity is taken, the market typically shifts direction, forming an MSS or CISD that signals a reversal to the upside.
Traders then wait for price to retrace into a Fair Value Gap or a demand-side Order Block created during the reversal leg. This retracement offers the ideal entry point for long positions. Stop-loss placement should be just below the liquidity sweep low, while profit targets are set at the Venom Box high and, if momentum continues, at higher session or daily highs.
🟣 Bearish Setup
In a Bearish Venom Setup, the process is similar but reversed. After the Initial Range is defined, if price breaks above the Venom Box high following the 09:30 AM open, it signals a false breakout designed to collect buy-side liquidity. This move usually traps eager buyers and clears out stop-losses above the high.
After the liquidity sweep, confirmation comes through an MSS or CISD pointing to a reversal downward. At this stage, traders anticipate a retracement into a Fair Value Gap or a supply-side Order Block formed during the reversal. Short entries are taken within this zone, with stop-loss positioned just above the liquidity sweep high. The logical profit targets include the Venom Box low and, in stronger bearish momentum, deeper session or daily lows.
🔵 Settings
Refine Order Block : Enables finer adjustments to Order Block levels for more accurate price responses.
Mitigation Level OB : Allows users to set specific reaction points within an Order Block, including: Proximal: Closest level to the current price. 50% OB: Midpoint of the Order Block. Distal: Farthest level from the current price.
FVG Filter : The Judas Swing indicator includes a filter for Fair Value Gap (FVG), allowing different filtering based on FVG width: FVG Filter Type: Can be set to "Very Aggressive," "Aggressive," "Defensive," or "Very Defensive." Higher defensiveness narrows the FVG width, focusing on narrower gaps.
Mitigation Level FVG : Like the Order Block, you can set price reaction levels for FVG with options such as Proximal, 50% OB, and Distal.
CISD : The Bar Back Check option enables traders to specify the number of past candles checked for identifying the CISD Level, enhancing CISD Level accuracy on the chart.
🔵 Conclusion
The ICT Venom Model is more than just a reversal setup; it is a complete intraday trading framework that blends liquidity theory, time precision, and market structure analysis. By focusing on the Initial Range between 08:00 and 09:30 AM New York time and observing how price reacts at the 09:30 AM open, traders can identify liquidity sweeps that reveal institutional intentions.
Whether in a Bullish Venom Setup or a Bearish Venom Setup, the model allows for precise entries through Fair Value Gaps (FVGs) and Order Blocks, while maintaining clear risk management with well-defined stop-loss and target levels.
Ultimately, the ICT Venom Model provides traders with a structured way to filter false moves and align their trades with institutional order flow. Its strength lies in transforming liquidity manipulation into actionable opportunities, giving intraday traders an edge in timing, accuracy, and consistency. For those who master its logic, the Venom Model becomes not only a strategy for entry and exit, but also a deeper framework for understanding how liquidity truly drives price in the New York session.
Greer Gap# Greer Gap Indicator (No mitigation: i.e. removing false signals)
## Summary
The **Greer Gap Indicator** identifies **Fair Value Gaps (FVGs)** and introduces specialized **Greer Bull Gaps (Blue)** and **Greer Bear Gaps (Orange)** to highlight high-probability trading opportunities. Unlike traditional FVG indicators, it avoids hindsight bias by not removing historical gaps based on future price action, ensuring transparency in signal accuracy. Built upon LuxAlgo’s FVG logic, it adds unique filtering: only the first Greer Gap after an opposite gap is plotted if its level (min for Bull, max for Bear) is not higher/lower than the previous Greer Gap of the same type, while all valid gaps are recorded for comparison. Traders can use these gaps as support/resistance or entry signals, customizable via timeframe, look back, and display options.
## Description
This indicator detects and displays **Fair Value Gaps (FVGs)** on the chart, with a focus on specialized **Greer Gaps**:
- **Bullish Gaps (Green)**: Areas where the low of the current candle is above the high of a previous candle (look back period), indicating potential upward momentum.
- **Bearish Gaps (Red)**: Areas where the high of the current candle is below the low of a previous candle, indicating potential downward momentum.
- **Greer Bull Gaps (Blue)**: A bullish gap that is above the latest bearish gap's max. Only the first such gap after a bearish gap is plotted if it meets criteria (not higher than the previous Greer Bull Gap's min), but all valid ones are recorded for comparison.
- **Greer Bear Gaps (Orange)**: A bearish gap that is below the latest bullish gap's min. Only the first such gap after a bullish gap is plotted if it meets criteria (not lower than the previous Greer Bear Gap's max), but all valid ones are recorded.
## How It Works
The script uses a dynamic look back period to detect FVGs. It maintains a record of all detected gaps and applies additional logic for Greer Gaps:
- **Greer Bull Gaps**: Checks if the new bullish gap's min is above the latest bearish gap's max. Plots only if it's the first since the last bearish gap and its min is <= previous Greer Bull min (or first one).
- **Greer Bear Gaps**: Checks if the new bearish gap's max is below the latest bullish gap's min. Plots only if it's the first since the last bullish gap and its max is >= previous Greer Bear max (or first one).
- **Resets**: A new bearish gap resets the Greer Bull Gap flag, and a new bullish gap resets the Greer Bear Gap flag.
## How to Use
- **Timeframe**: Set a higher timeframe (e.g., 'D' for daily) to detect gaps from that timeframe on the current chart.
- **Look back Period**: Adjust to change gap detection sensitivity (default: 34). Use 2 if you want to compare to LuxAlgo
- **Extend**: Controls how far right the gap boxes extend.
- **Show Options**: Toggle visibility of all bullish/bearish gaps or Greer Gaps.
- **Colors**: Customize colors for each gap type.
- **Application**: Use Greer Gaps as potential support/resistance levels or entry signals, but combine with other analysis for confirmation.
## Originality and Credits
This script is inspired by and builds upon the **"Fair Value Gap "** indicator by LuxAlgo (available on TradingView: ()).
**Credits**: Thanks to LuxAlgo for the core FVG detection logic.
**Significant Changes**:
- Added **Greer Bull and Bear Gap** logic for filtered, directional gaps with reset mechanisms.
- Introduced recording of all valid Greer Gaps without plotting all, to compare levels without hindsight bias.
- **No mitigation/removal of gaps**: Unlike LuxAlgo's approach, which mitigates (removes or alters) gaps based on future price action (e.g., when filled), this can create a hindsight bias where incorrect signals disappear over time. If a signal is used for a trade and later removed due to new data, it doesn't reflect real-time performance accurately. The Greer Gap avoids this by using gap comparisons to validate signals without altering historical boxes, ensuring transparency in when signals were right or wrong.
Silver Bullet ICT Strategy [TradingFinder] 10-11 AM NY Time +FVG🔵 Introduction
The ICT Silver Bullet trading strategy is a precise, time-based algorithmic approach that relies on Fair Value Gaps and Liquidity to identify high-probability trade setups. The strategy primarily focuses on the New York AM Session from 10:00 AM to 11:00 AM, leveraging heightened market activity within this critical window to capture short-term trading opportunities.
As an intraday strategy, it is most effective on lower timeframes, with ICT recommending a 15-minute chart or lower. While experienced traders often utilize 1-minute to 5-minute charts, beginners may find the 1-minute timeframe more manageable for applying this strategy.
This approach specifically targets quick trades, designed to take advantage of market movements within tight one-hour windows. By narrowing its focus, the Silver Bullet offers a streamlined and efficient method for traders to capitalize on liquidity shifts and price imbalances with precision.
In the fast-paced world of forex trading, the ability to identify market manipulation and false price movements is crucial for traders aiming to stay ahead of the curve. The Silver Bullet Indicator simplifies this process by integrating ICT principles such as liquidity traps, Order Blocks, and Fair Value Gaps (FVG).
These concepts form the foundation of a tool designed to mimic the strategies of institutional players, empowering traders to align their trades with the "smart money." By transforming complex market dynamics into actionable insights, the Silver Bullet Indicator provides a powerful framework for short-term trading success
Silver Bullet Bullish Setup :
Silver Bullet Bearish Setup :
🔵 How to Use
The Silver Bullet Indicator is a specialized tool that operates within the critical time windows of 9:00-10:00 and 10:00-11:00 in the forex market. Its design incorporates key principles from ICT (Inner Circle Trader) methodology, focusing on concepts such as liquidity traps, CISD Levels, Order Blocks, and Fair Value Gaps (FVG) to provide precise and actionable trade setups.
🟣 Bullish Setup
In a bullish setup, the indicator starts by marking the high and low of the session, serving as critical reference points for liquidity. A typical sequence involves a liquidity grab below the low, where the price manipulates retail traders into selling positions by breaching a key support level.
This movement is often orchestrated by smart money to accumulate buy orders. Following this liquidity grab, a market structure shift (MSS) occurs, signaled by the price breaking the CISD Level—a confirmation of bullish intent. The indicator then highlights an Order Block near the CISD Level, representing the zone where institutional buying is concentrated.
Additionally, it identifies a Fair Value Gap, which acts as a high-probability area for price retracement and trade entry. Traders can confidently take long positions when the price revisits these zones, targeting the next significant liquidity pool or resistance level.
Bullish Setup in CAPITALCOM:US100 :
🟣 Bearish Setup
Conversely, in a bearish setup, the price manipulates liquidity by creating a false breakout above the high of the session. This move entices retail traders into long positions, allowing institutional players to enter sell orders.
Once the price reverses direction and breaches the CISD Level to the downside, a change of character (CHOCH) becomes evident, confirming a bearish market structure. The indicator highlights an Order Block near this level, indicating the origin of the institutional sell orders, along with an associated FVG, which represents an imbalance zone likely to be revisited before the price continues downward.
By entering short positions when the price retraces to these levels, traders align their strategies with the anticipated continuation of bearish momentum, targeting nearby liquidity voids or support zones.
Bearish Setup in OANDA:XAUUSD :
🔵 Settings
Refine Order Block : Enables finer adjustments to Order Block levels for more accurate price responses.
Mitigation Level OB : Allows users to set specific reaction points within an Order Block, including: Proximal: Closest level to the current price. 50% OB: Midpoint of the Order Block. Distal: Farthest level from the current price.
FVG Filter : The Judas Swing indicator includes a filter for Fair Value Gap (FVG), allowing different filtering based on FVG width: FVG Filter Type: Can be set to "Very Aggressive," "Aggressive," "Defensive," or "Very Defensive." Higher defensiveness narrows the FVG width, focusing on narrower gaps.
Mitigation Level FVG : Like the Order Block, you can set price reaction levels for FVG with options such as Proximal, 50% OB, and Distal.
CISD : The Bar Back Check option enables traders to specify the number of past candles checked for identifying the CISD Level, enhancing CISD Level accuracy on the chart.
🔵 Conclusion
The Silver Bullet Indicator is a cutting-edge tool designed specifically for forex traders who aim to leverage market dynamics during critical liquidity windows. By focusing on the highly active 9:00-10:00 and 10:00-11:00 timeframes, the indicator simplifies complex market concepts such as liquidity traps, Order Blocks, Fair Value Gaps (FVG), and CISD Levels, transforming them into actionable insights.
What sets the Silver Bullet Indicator apart is its precision in detecting false breakouts and market structure shifts (MSS), enabling traders to align their strategies with institutional activity. The visual clarity of its signals, including color-coded zones and directional arrows, ensures that both novice and experienced traders can easily interpret and apply its findings in real-time.
By integrating ICT principles, the indicator empowers traders to identify high-probability entry and exit points, minimize risk, and optimize trade execution. Whether you are capturing short-term price movements or navigating complex market conditions, the Silver Bullet Indicator offers a robust framework to enhance your trading performance.
Ultimately, this tool is more than just an indicator; it is a strategic ally for traders who seek to decode the movements of smart money and capitalize on institutional strategies. With the Silver Bullet Indicator, traders can approach the market with greater confidence, precision, and profitability.
ICT Setup 03 [TradingFinder] Judas Swing NY 9:30am + CHoCH/FVG🔵 Introduction
Judas Swing is an advanced trading setup designed to identify false price movements early in the trading day. This advanced trading strategy operates on the principle that major market players, or "smart money," drive price in a certain direction during the early hours to mislead smaller traders.
This deceptive movement attracts liquidity at specific levels, allowing larger players to execute primary trades in the opposite direction, ultimately causing the price to return to its true path.
The Judas Swing setup functions within two primary time frames, tailored separately for Forex and Stock markets. In the Forex market, the setup uses the 8:15 to 8:30 AM window to identify the high and low points, followed by the 8:30 to 8:45 AM frame to execute the Judas move and identify the CISD Level break, where Order Block and Fair Value Gap (FVG) zones are subsequently detected.
In the Stock market, these time frames shift to 9:15 to 9:30 AM for identifying highs and lows and 9:30 to 9:45 AM for executing the Judas move and CISD Level break.
Concepts such as Order Block and Fair Value Gap (FVG) are crucial in this setup. An Order Block represents a chart region with a high volume of buy or sell orders placed by major financial institutions, marking significant levels where price reacts.
Fair Value Gap (FVG) refers to areas where price has moved rapidly without balance between supply and demand, highlighting zones of potential price action and future liquidity.
Bullish Setup :
Bearish Setup :
🔵 How to Use
The Judas Swing setup enables traders to pinpoint entry and exit points by utilizing Order Block and FVG concepts, helping them align with liquidity-driven moves orchestrated by smart money. This setup applies two distinct time frames for Forex and Stocks to capture early deceptive movements, offering traders optimized entry or exit moments.
🟣 Bullish Setup
In the Bullish Judas Swing setup, the first step is to identify High and Low points within the initial time frame. These levels serve as key points where price may react, forming the basis for analyzing the setup and assisting traders in anticipating future market shifts.
In the second time frame, a critical stage of the bullish setup begins. During this phase, the price may create a false break or Fake Break below the low level, a deceptive move by major players to absorb liquidity. This false move often causes smaller traders to enter positions incorrectly. After this fake-out, the price reverses upward, breaking the CISD Level, a critical point in the market structure, signaling a potential bullish trend.
Upon breaking the CISD Level and reversing upward, the indicator identifies both the Order Block and Fair Value Gap (FVG). The Order Block is an area where major players typically place large buy orders, signaling potential price support. Meanwhile, the FVG marks a region of supply-demand imbalance, signaling areas where price might react.
Ultimately, after these key zones are identified, a trader may open a buy position if the price reaches one of these critical areas—Order Block or FVG—and reacts positively. Trading at these levels enhances the chance of success due to liquidity absorption and support from smart money, marking an opportune time for entering a long position.
🟣 Bearish Setup
In the Bearish Judas Swing setup, analysis begins with marking the High and Low levels in the initial time frame. These levels serve as key zones where price could react, helping to signal possible trend reversals. Identifying these levels is essential for locating significant bearish zones and positioning traders to capitalize on downward movements.
In the second time frame, the primary bearish setup unfolds. During this stage, price may exhibit a Fake Break above the high, causing a brief move upward and misleading smaller traders into incorrect positions. After this false move, the price typically returns downward, breaking the CISD Level—a crucial bearish trend indicator.
With the CISD Level broken and a bearish trend confirmed, the indicator identifies the Order Block and Fair Value Gap (FVG). The Bearish Order Block is a region where smart money places significant sell orders, prompting a negative price reaction. The FVG denotes an area of supply-demand imbalance, signifying potential selling pressure.
When the price reaches one of these critical areas—the Bearish Order Block or FVG—and reacts downward, a trader may initiate a sell position. Entering trades at these levels, due to increased selling pressure and liquidity absorption, offers traders an advantage in profiting from price declines.
🔵 Settings
Market : The indicator allows users to choose between Forex and Stocks, automatically adjusting the time frames for the "Opening Range" and "Trading Permit" accordingly: Forex: 8:15–8:30 AM for identifying High and Low points, and 8:30–8:45 AM for capturing the Judas move and CISD Level break. Stocks: 9:15–9:30 AM for identifying High and Low points, and 9:30–9:45 AM for executing the Judas move and CISD Level break.
Refine Order Block : Enables finer adjustments to Order Block levels for more accurate price responses.
Mitigation Level OB : Allows users to set specific reaction points within an Order Block, including: Proximal: Closest level to the current price. 50% OB: Midpoint of the Order Block. Distal: Farthest level from the current price.
FVG Filter : The Judas Swing indicator includes a filter for Fair Value Gap (FVG), allowing different filtering based on FVG width: FVG Filter Type: Can be set to "Very Aggressive," "Aggressive," "Defensive," or "Very Defensive." Higher defensiveness narrows the FVG width, focusing on narrower gaps.
Mitigation Level FVG : Like the Order Block, you can set price reaction levels for FVG with options such as Proximal, 50% OB, and Distal.
CISD : The Bar Back Check option enables traders to specify the number of past candles checked for identifying the CISD Level, enhancing CISD Level accuracy on the chart.
🔵 Conclusion
The Judas Swing indicator helps traders spot reliable trading opportunities by detecting false price movements and key levels such as Order Block and FVG. With a focus on early market movements, this tool allows traders to align with major market participants, selecting entry and exit points with greater precision, thereby reducing trading risks.
Its extensive customization options enable adjustments for various market types and trading conditions, giving traders the flexibility to optimize their strategies. Based on ICT techniques and liquidity analysis, this indicator can be highly effective for those seeking precision in their entry points.
Overall, Judas Swing empowers traders to capitalize on significant market movements by leveraging price volatility. Offering precise and dependable signals, this tool presents an excellent opportunity for enhancing trading accuracy and improving performance
Price Action Analyst [OmegaTools]Price Action Analyst (PAA) is an advanced trading tool designed to assist traders in identifying key price action structures such as order blocks, market structure shifts, liquidity grabs, and imbalances. With its fully customizable settings, the script offers both novice and experienced traders insights into potential market movements by visually highlighting premium/discount zones, breakout signals, and significant price levels.
This script utilizes complex logic to determine significant price action patterns and provides dynamic tools to spot strong market trends, liquidity pools, and imbalances across different timeframes. It also integrates an internal backtesting function to evaluate win rates based on price interactions with supply and demand zones.
The script combines multiple analysis techniques, including market structure shifts, order block detection, fair value gaps (FVG), and ICT bias detection, to provide a comprehensive and holistic market view.
Key Features:
Order Block Detection: Automatically detects order blocks based on price action and strength analysis, highlighting potential support/resistance zones.
Market Structure Analysis: Tracks internal and external market structure changes with gradient color-coded visuals.
Liquidity Grabs & Breakouts: Detects potential liquidity grab and breakout areas with volume confirmation.
Fair Value Gaps (FVG): Identifies bullish and bearish FVGs based on historical price action and threshold calculations.
ICT Bias: Integrates ICT bias analysis, dynamically adjusting based on higher-timeframe analysis.
Supply and Demand Zones: Highlights supply and demand zones using customizable colors and thresholds, adjusting dynamically based on market conditions.
Trend Lines: Automatically draws trend lines based on significant price pivots, extending them dynamically over time.
Backtesting: Internal backtesting engine to calculate the win rate of signals generated within supply and demand zones.
Percentile-Based Pricing: Plots key percentile price levels to visualize premium, fair, and discount pricing zones.
High Customizability: Offers extensive user input options for adjusting zone detection, color schemes, and structure analysis.
User Guide:
Order Blocks: Order blocks are significant support or resistance zones where strong buyers or sellers previously entered the market. These zones are detected based on pivot points and engulfing price action. The strength of each block is determined by momentum, volume, and liquidity confirmations.
Demand Zones: Displayed in shades of blue based on their strength. The darker the color, the stronger the zone.
Supply Zones: Displayed in shades of red based on their strength. These zones highlight potential resistance areas.
The zones will dynamically extend as long as they remain valid. Users can set a maximum number of order blocks to be displayed.
Market Structure: Market structure is classified into internal and external shifts. A bullish or bearish market structure break (MSB) occurs when the price moves past a previous high or low. This script tracks these breaks and plots them using a gradient color scheme:
Internal Structure: Short-term market structure, highlighting smaller movements.
External Structure: Long-term market shifts, typically more significant.
Users can choose how they want the structure to be visualized through the "Market Structure" setting, choosing from different visual methods.
Liquidity Grabs: The script identifies liquidity grabs (false breakouts designed to trap traders) by monitoring price action around highs and lows of previous bars. These are represented by diamond shapes:
Liquidity Buy: Displayed below bars when a liquidity grab occurs near a low.
Liquidity Sell: Displayed above bars when a liquidity grab occurs near a high.
Breakouts: Breakouts are detected based on strong price momentum beyond key levels:
Breakout Buy: Triggered when the price closes above the highest point of the past 20 bars with confirmation from volume and range expansion.
Breakout Sell: Triggered when the price closes below the lowest point of the past 20 bars, again with volume and range confirmation.
Fair Value Gaps (FVG): Fair value gaps (FVGs) are periods where the price moves too quickly, leaving an unbalanced market condition. The script identifies these gaps:
Bullish FVG: When there is a gap between the low of two previous bars and the high of a recent bar.
Bearish FVG: When a gap occurs between the high of two previous bars and the low of the recent bar.
FVGs are color-coded and can be filtered by their size to focus on more significant gaps.
ICT Bias: The script integrates the ICT methodology by offering an auto-calculated higher-timeframe bias:
Long Bias: Suggests the market is in an uptrend based on higher timeframe analysis.
Short Bias: Indicates a downtrend.
Neutral Bias: Suggests no clear directional bias.
Trend Lines: Automatic trend lines are drawn based on significant pivot highs and lows. These lines will dynamically adjust based on price movement. Users can control the number of trend lines displayed and extend them over time to track developing trends.
Percentile Pricing: The script also plots the 25th percentile (discount zone), 75th percentile (premium zone), and a fair value price. This helps identify whether the current price is overbought (premium) or oversold (discount).
Customization:
Zone Strength Filter: Users can set a minimum strength threshold for order blocks to be displayed.
Color Customization: Users can choose colors for demand and supply zones, market structure, breakouts, and FVGs.
Dynamic Zone Management: The script allows zones to be deleted after a certain number of bars or dynamically adjusts zones based on recent price action.
Max Zone Count: Limits the number of supply and demand zones shown on the chart to maintain clarity.
Backtesting & Win Rate: The script includes a backtesting engine to calculate the percentage of respect on the interaction between price and demand/supply zones. Results are displayed in a table at the bottom of the chart, showing the percentage rating for both long and short zones. Please note that this is not a win rate of a simulated strategy, it simply is a measure to understand if the current assets tends to respect more supply or demand zones.
How to Use:
Load the script onto your chart. The default settings are optimized for identifying key price action zones and structure on intraday charts of liquid assets.
Customize the settings according to your strategy. For example, adjust the "Max Orderblocks" and "Strength Filter" to focus on more significant price action areas.
Monitor the liquidity grabs, breakouts, and FVGs for potential trade opportunities.
Use the bias and market structure analysis to align your trades with the prevailing market trend.
Refer to the backtesting win rates to evaluate the effectiveness of the zones in your trading.
Terms & Conditions:
By using this script, you agree to the following terms:
Educational Purposes Only: This script is provided for informational and educational purposes and does not constitute financial advice. Use at your own risk.
No Warranty: The script is provided "as-is" without any guarantees or warranties regarding its accuracy or completeness. The creator is not responsible for any losses incurred from the use of this tool.
Open-Source License: This script is open-source and may be modified or redistributed in accordance with the TradingView open-source license. Proper credit to the original creator, OmegaTools, must be maintained in any derivative works.
