Dollar Volume Ownership Gauge Dollar Volume Ownership Gauge (DVOG)
By: Mando4_27
Version: 1.0 — Pine Script® v6
Overview
The Dollar Volume Ownership Gauge (DVOG) is designed to measure the intensity of real money participation behind each price bar.
Instead of tracking raw share volume, this tool converts every bar’s trading activity into dollar volume (price × volume) and highlights the transition points where institutional capital begins to take control of a move.
DVOG’s mission is simple:
Show when the crowd is trading vs. when the institutions are buying control.
Core Concept
Most retail traders focus on share count (volume) — but institutions think in dollar exposure.
A small-cap printing a 1-million-share candle at $1 is very different from a 1-million-share candle at $10.
DVOG normalizes this by displaying total traded dollar value per bar, then color-codes and alerts when the volume of money crosses key thresholds.
This exposes the exact moments when ownership is shifting — often before major breakouts, reclaims, or exhaustion reversals.
How It Works
Dollar Volume Calculation
Each candle’s dollar volume is computed as close × volume.
Data is aggregated from the 5-minute timeframe regardless of your current chart, allowing consistent institutional-flow detection on any resolution.
Threshold Logic
Two customizable levels define interest zones:
$500K Threshold → Early or moderate institutional attention.
$1M Threshold → High-conviction or aggressive accumulation.
Both levels can be edited to fit different market caps or trading styles.
Bar Coloring Scheme
Red = Dollar Volume ≥ $1,000,000 → Significant institutional activity / control bar.
Green = Dollar Volume ≥ $500,000 and < $1,000,000 → Emerging accumulation / transition bar.
Black = Below $500,000 → Retail or low-interest zone.
(Colors are intentionally inverted from standard expectation: when volume intensity spikes, the bar turns hotter in tone.)
Plot Display
Histogram style plot displays 5-minute aggregated dollar volume per bar.
Dotted reference lines mark $500K and $1M levels, with live right-hand labels for quick reading.
Optional debug label shows current bar’s dollar value, closing price, and raw volume for transparency.
Alerts & Conditions
DVOG includes three alert triggers for hands-off monitoring:
Alert Name Trigger Message Purpose
Green Bar Alert – Dollar Volume ≥ $500K When dollar volume first crosses $500K “Institutional interest starting on ” Signals early money entering.
Dollar Volume ≥ $500K Same as above, configurable “Early institutional interest detected…” Broad alert option.
Dollar Volume ≥ $1M When dollar volume first crosses $1M “Significant money flow detected…” Indicates heavy institutional presence or ignition bar.
You can enable or disable alerts via checkbox inputs, allowing you to monitor just the levels that fit your style.
Interpretation & Use Cases
Identify Institutional “Ignition” Points:
Watch for sudden green or red DVOG bars after long low-volume consolidation — these often precede explosive continuation moves.
Confirm Breakouts & Reclaims:
If price reclaims a key level (HOD, neckline, or coil top) and DVOG flashes green/red, odds strongly favor follow-through.
Spot Trap Exhaustion:
After a flush or low-volume fade, the first strong green/red DVOG bar can mark the institutional reclaim — the moment retail control ends.
Filter Noise:
Ignore standard volume spikes. DVOG only reacts when dollar ownership materially changes hands, not when small traders churn shares.
Customization
Setting Default Description
$500K Threshold 500,000 Lower limit for “Green” institutional attention.
$1M Threshold 1,000,000 Upper limit for “Red” heavy institutional control.
Show Alerts ✅ Enable or disable global alerts.
Alert on Green Bars ✅ Toggle only the $500K crossover alerts.
Adjust thresholds to match the liquidity of your preferred tickers — for example, micro-caps may use $100K/$300K, while large-caps might use $5M/$20M.
Reading the Output
Black baseline = Noise / retail chop.
First Green bar = Smart money starts building position.
Red bar(s) = Ownership shift confirmed — institutions active.
Flat-to-rising pattern in DVOG = Sustained accumulation; often aligns with strong trend continuation.
Summary
DVOG transforms raw volume into actionable context — showing you when capital, not hype, is moving.
It’s particularly effective for:
Momentum and breakout traders
Liquidity trap reclaims (Kuiper-style setups)
Identifying early ignition bars before halts
Confirming frontside strength in micro-caps
Use DVOG as your ownership radar — the visual cue for when the market stops being retail and starts being real.
ابحث في النصوص البرمجية عن "smart"
EMA Trend RecognitionEMA Trend Recognition — “Double-Vision Trend Glasses” 👓⚡
In short:
Your chart gets two voices — the Major trend (EMA50 vs EMA200) for the big picture, and the Minor trend (EMA9 vs EMA20) for the short-term mood.
When both sing the same tune, you get a STRONG signal.
When they argue, it’s a WEAK one. Simple. Clean. Effective.
🧭 What this indicator does
Major Trend (Long-Term):
EMA50 above EMA200 → Bullish.
EMA50 below EMA200 → Bearish.
This tells you where the market really wants to go.
Minor Trend (Short-Term):
EMA9 above EMA20 → Bullish.
EMA9 below EMA20 → Bearish.
This shows you what the market feels like right now.
Trend Combinations (The Magic):
🟢 STRONG BUY: Major ↑ + Minor ↑ → full alignment, go with the flow.
🔴 STRONG SELL: Major ↓ + Minor ↓ → both down, no mercy.
🟡 WEAK BUY: Major ↑, Minor ↓ → pullback zone? early dip? maybe.
🟠 WEAK SELL: Major ↓, Minor ↑ → short-term bounce inside a downtrend.
🎨 Background Colors & Info Panel
Bright Green: STRONG BUY
Bright Red: STRONG SELL
Faded Green/Red: WEAK signals (trend disagreement)
Bottom Info Table:
Major Trend: “BULLISH ↑” or “BEARISH ↓”
Minor Trend: same logic, faster tempo
Signal: shows STRONG/WEAK/NEUTRAL status
Price: latest close price (because yes, we all check that)
🔔 Alerts (so you don’t stare all day)
MAJOR TREND CHANGE: “Now Bullish!” or “Now Bearish!”
MINOR TREND CHANGE: quicker reversals
STRONG BUY/SELL: when both trends line up perfectly
(Alerts trigger only on bar close — no disco flicker alerts.)
🧠 Visuals — Simple but Smart
EMA 200 & 50: thick lines = your market highway
EMA 20 & 9: thin lines = your turn signals
Muted colors, so your eyes survive long trading sessions
🚀 Why it’s useful
Trend Trading: Filter out noise, ride the momentum.
Pullback Entries: WEAK signals often mark “turning back in” moments.
System Building: Use “STRONG” as a market bias filter, “MINOR” flips as entry triggers.
⚙️ Pro Tips
Timeframes: EMAs are fixed, but meaning scales with TF.
On 1H or 4H, they often reflect daily/weekly momentum.
Context: Combine with structure (HH/HL/LH/LL), zones (OB/FVG), or volume.
Risk Management: Signal ≠ free money. Always define SL/TP and RR.
⚠️ Disclaimer
No financial advice, no crystal ball.
This indicator helps you see — but you still decide when to act.
Backtest and paper-trade before going live.
Short Pitch (for the top “Summary” line on TradingView):
“Two EMA pairs, one clear trend compass — Major shows direction, Minor sets the rhythm. When both agree, it’s STRONG. When they argue, it’s WEAK. Clean, fast, and easy to read.” ✅
Feel free to commend and if u have inspirations to add something, let me know, cheers :D
Fair Value Gap ZonesDescription
This script automatically detects and highlights Fair Value Gaps (FVGs) on any chart and timeframe.
It identifies bullish and bearish imbalance zones using candle-to-candle price displacement and shades them visually on the chart for easy reference.
Bullish FVGs are marked with dark green zones, showing areas where price may later return before continuing upward.
Bearish FVGs are shaded in light red, indicating potential retracement zones in downtrends.
All zones extend forward automatically, updating dynamically as new candles form.
Designed for traders who use Smart Money Concepts (SMC) or ICT-style analysis, this tool helps visualize market inefficiencies and potential reaction points with clear, minimal visuals.
Asia Range Breakout Asia Range Breakout
Description:
Asia Range Breakout is a sophisticated, multi-filter trading tool designed to identify high-probability breakout opportunities during the core Asian trading session. By combining session-based range analysis with advanced confirmation filters like Heiken Ashi momentum, Ichimoku baseline trends, and EMA alignment, this indicator helps traders capture decisive moves while filtering out market noise.
Tired of false breakouts? This system provides a structured framework to trade the Sydney and Tokyo sessions with precision and confidence.
Key Features:
Multi-Session Range Tracking:
Monitors 6 distinct pre-defined Asian sessions (Sydney Box, Tokyo Pre-Open, Tokyo Launch, etc.).
Dynamically plots High and Low boundaries for each session (Teal for Highs, Red for Lows).
Individually toggleable sessions to focus on your preferred trading window.
Smart Alert & Signal System:
Generates alerts based on Heiken Ashi candle closings relative to session ranges.
Dual-Size Signals: Differentiates between "Large" breakouts (outside the range) and "Small" signals (within the range).
Configurable alert timeframe for confirmation candle closure.Built-in Sound Alerts for real-time notifications.
Advanced Confirmation Filters:
Heiken Ashi Momentum Filter: Ensures breakout candles have significant momentum, adjustable via a threshold multiplier.
EMA 200 Filter: Confirms the breakout's alignment with the broader trend.
Ichimoku Baseline (Kijun-sen) Filter: Uses a dynamic support/resistance level for additional confirmation.
Ichimoku Baseline Divergence Filter: A unique feature that requires the baseline's slope to match the breakout direction (Bullish for buys, Bearish for sells).
ATR Volatility Filter: (Optional) Ensures the breakout candle has sufficient range relative to recent market volatility.
Visual Enhancements:
Take-Profit Lines: Projects profit targets using ATR and connects consecutive alerts with a trendline.
Heiken Ashi Overlay: Displays smoothed Heiken Ashi candles directly on the main chart for cleaner trend visualization.
Divergence Trend Line: Visually plots the slope of the Ichimoku Baseline for quick trend assessment.
Session Background Highlighter: Shades the active sessions for easy time reference.
Comprehensive Debug Info Box: Provides real-time feedback on filter status, perfect for strategy validation and learning.
Usage Instructions & Tips:
1. Initial Setup:
Start simple! Apply the indicator to a 5-minute or 1-minute chart.
Recommended Instruments:
Forex: Major pairs like AUD/USD , USD/JPY or EUR/JPY.
Indices: `NAS100` (Nasdaq), `US30` (Dow Jones), `JP225` (Nikkei 225).
Commodities: `XAUUSD` (Gold).
Initially, enable only the Sydney Box (00:30 - 03:15 UTC) as it is the most robust session, then explore others.
2. Interpreting the Signals:
Large Green Arrow (Above Bar): A strong BUY signal. The Heiken Ashi candle closed above the session's High, and all enabled filters are confirmed.
Small Green Arrow (Above Bar): A moderate BUY signal. The candle closed bullishly but within the session range.
Large Red Arrow (Below Bar): A strong SELL signal. The Heiken Ashi candle closed below the session's Low, with filter confirmation.
Small Red Arrow (Below Bar): A moderate SELL signal. The candle closed bearishly but within the session range.
3. Optimizing Your Strategy:
Filter Tuning: The default filters are balanced. Adjust them based on your risk appetite:
Increase the Heiken Ashi Threshold (e.g., to 0.2) for fewer, but stronger signals.
Disable filters like ATR or Divergence if you find them too restrictive.
The Power of Divergence: The Ichimoku Divergence filter is a powerful trend-confirmation tool. Pay close attention to it for the highest-quality signals.
Use the Debug Box: Enable the "Show Debug Info Box" to see exactly why a signal did or did not trigger. This is invaluable for understanding the indicator's logic and avoiding bad trades.
4. Risk Management:
The TP Lines provide a logical profit target based on market volatility. Consider using them for setting take-profit orders.
Always use a stop-loss. A logical level is the opposite side of the session range (e.g., for a buy signal, place a stop below the session low).
You're very welcome! I'm glad I could help you create a professional tool. Wishing you great success with your Trading! 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Liquidity Sweep Filter [Magu]SMC The smart money concept in forex trading involves understanding the behavior of institutional players, such as banks and hedge funds, and analyzing supply and demand dynamics, order blocks, and price patterns.
SMC is often seen as a repackaged version of price action trading with a long history of producing positive results in various asset classes
Market liquidity is a fundamental concept in financial markets that significantly impacts trading strategies, asset pricing, and financial stability. The stock market is a prime example of a financial market where liquidity plays a crucial role in determining asset prices and trading strategies. Understanding market liquidity helps investors and traders make informed decisions, especially during times of market volatility. This article explores the key concepts, factors affecting liquidity, and strategies to navigate both liquid and illiquid markets
Heiken Ashi BasProfessional Heiken Ashi + Ichimoku Baseline Scalping Strategy
Strategy Overview:
This advanced scalping methodology combines the smoothing power of Heiken Ashi candles with the reliable support/resistance levels of Ichimoku's Kijun-sen baseline. Designed for active traders seeking precise entry points in trending markets, the strategy incorporates multiple confirmation filters to enhance signal reliability.
Key Features:
• Dual Confirmation System : Heiken Ashi trend alignment with Ichimoku baseline crossover
• Smart Risk Management : Dynamic ATR-based take profit and stop loss across multiple timeframes
• Trend Filter Integration : Optional 200 EMA filter to align with broader market direction
• Divergence Detection : Real-time Ichimoku baseline momentum analysis
• Visual Trading Signals : Clear buy/sell markers with TP/SL level displays
Technical Components:
- Heiken Ashi Smoothing : Reduces market noise for cleaner trend identification
- Ichimoku Baseline (Kijun-sen) : Acts as dynamic support/resistance level
- Multi-timeframe ATR : Adaptive position sizing based on market volatility
- Momentum Confirmation : Baseline divergence filtering for enhanced timing
Ideal For:
- Forex and cryptocurrency markets
- 1-5 minute timeframes for scalping
- Trending market conditions
- Risk-aware traders seeking systematic approaches
Customization Options:
- Adjustable TP/SL multipliers based on risk tolerance
- Optional trend and divergence filters
- Flexible timeframe settings for different trading styles
- Visual display preferences for chart clarity
Educational Value:
This script demonstrates professional-grade techniques in:
- Multi-indicator convergence strategies
- Dynamic risk management implementation
- Real-time market structure analysis
- Systematic trade execution methodology
⚡ Elite Momentum Pro🎯 Key Features
1. Smart Signal Engine
3 Signal Modes: Aggressive, Balanced, Conservative
7-Point Scoring System - Ensures high-quality signals
Anti-Flip Protection - Prevents rapid signal changes
Multiple confirmations: Supertrend, MACD, RSI, EMA alignment, momentum
2. Advanced Risk Management
3 Take Profit Levels (TP1, TP2, TP3) for scaling out
ATR-Based Dynamic Stops - Adapts to volatility
Customizable Risk:Reward (default 2.5:1)
Visual stop and target levels
3. Clean Visual Design
Color-coded price bars based on trend strength
EMA Ribbon (9, 21, 50, 200) for trend clarity
Tick-Based Delta Volume BubblesTICK-BASED DELTA VOLUME BUBBLES
OVERVIEW
A real-time order flow indicator that displays volume delta at the tick level, helping traders identify buying and selling pressure as it develops during live market hours. Unlike traditional volume delta indicators that rely on bar close data, this indicator captures actual tick-by-tick volume changes and directional bias, providing granular insight into market dynamics.
HOW IT WORKS
The indicator monitors live tick data during real-time trading by tracking volume increases between consecutive price updates. Each time volume increments, the script calculates the volume delta, determines price direction, assigns directional bias to the volume, and accumulates net delta for each bar.
This methodology is identical to the tick detection mechanism used in professional cumulative volume delta tools, ensuring accuracy and reliability.
FEATURES
Real-Time Tick Detection
- Captures genuine tick-by-tick volume flow using varip persistence
- Not estimated from OHLC data
- Processes actual market ticks as they occur
Adaptive Bubble Sizing
- Bubbles scale based on delta strength relative to a customizable moving average (default 20 bars)
- Highlights significant order flow imbalances
- Five size levels from tiny to huge
Dual Display Modes
- Normal Mode: Sized bubbles with optional volume labels positioned at bar midpoint
- Minimal Mode: Clean dots above/below bars for unobtrusive delta visualization
Flow Classification
- Aggressive Buy (bright green): Strong positive delta with greater than 1.2x strength
- Aggressive Sell (bright red): Strong negative delta with greater than 1.2x strength
- Passive Buy (light green): Moderate positive delta
- Passive Sell (light red): Moderate negative delta
Intensity Mode (Optional)
- Gray: Low intensity (less than 0.5x average)
- Blue: Medium intensity (0.5-1.0x average)
- Orange: High intensity (1.0-2.0x average)
- Red: Extreme intensity (greater than 2.0x average)
Smart Filtering
- Percentile-based filters (customizable) ensure only significant delta events are displayed
- Reduces chart clutter while highlighting important order flow
- Separate thresholds for bubble display and numeric labels
Data Collection Status
- Optional progress box in top-right corner
- Shows real-time bar collection progress
- Displays percentage completion and bars remaining
- Automatically hides when sufficient data is collected
Hide Until Ready Option
- Suppresses bubble display until the averaging period is complete
- Prevents misleading signals from incomplete data
- Default requires 20 bars before displaying bubbles
SETTINGS
Delta Average Length (1-200, default 20)
- Lookback period for calculating delta strength baseline
- Higher values = longer-term delta comparison
- Lower values = more sensitive to recent changes
Hide Bubbles Until Enough Data
- Prevents display until averaging period completes
- Ensures reliable delta strength calculations
Show Data Collection Status Box
- Displays progress indicator during initialization
- Can be disabled if you understand the warmup period
Minimal Mode
- Switches to simple dot display above/below bars
- Green dots above bars = positive delta
- Red dots below bars = negative delta
- Maintains color intensity or flow type classification
Show Bubbles
- Master toggle for bubble display
Bubble Volume Percentile (0-100, default 60)
- Minimum percentile rank required to display bubble
- Higher values = fewer, more significant bubbles
- Lower values = more bubbles displayed
Show Numbers in Bubbles
- Toggle delta value labels
- Only appears in normal mode
- Disabled automatically in minimal mode
Label Volume Percentile (0-100, default 90)
- Higher threshold for displaying numeric labels
- Typically set higher than bubble percentile
- Reduces label clutter on chart
Intensity Mode
- Switch from flow-type coloring to magnitude-based coloring
- Useful for identifying volume spikes regardless of direction
IMPORTANT NOTES
Real-Time Only: This indicator processes live tick data and does not provide historical analysis. It begins collecting data when added to a live chart.
Volume Required: Symbol must have volume data available. Will not function on symbols without volume (most forex pairs from retail brokers).
Initialization Period: Requires the specified number of bars (default 20) to calculate accurate delta strength. Use the "Hide Until Ready" option to prevent premature signals.
Market Hours: Only collects data during live market hours. Does not backfill historical data.
CREDITS
Tick detection methodology inspired by the Kioseff Trading Tick CVD indicator. This implementation adapts the same core tick-level volume delta calculation for bubble-style visualization and per-bar delta analysis.
USDJPY Fair Value Gap + Session Strategy🎯 Overview
This strategy combines Fair Value Gaps (FVGs) with session-based order flow analysis, specifically optimized for USDJPY. It identifies price inefficiencies left behind by institutional order flow during high-volatility trading sessions, offering a modern alternative to traditional lagging indicators.
🔬 What Are Fair Value Gaps?
Fair Value Gaps represent areas where aggressive institutional buying or selling created "gaps" in the market structure:
Bullish FVG: Price moves up so aggressively that it leaves unfilled buy orders behind
Bearish FVG: Price moves down so quickly that it leaves unfilled sell orders behind
Research shows approximately 80% of FVGs get "filled" (price returns to the gap) within 20-60 bars, making them highly predictable trading zones.
(see the generated image above)
(see the generated image above)
FVG Detection Logic:
text
// Bullish FVG: Gap between high and current low
bullishFVG = low > high and high > high
// Bearish FVG: Gap between low and current high
bearishFVG = high < low and low < low
🌏 Session-Based Trading
Why Sessions Matter for USDJPY
(see the generated image above)
Tokyo Session (00:00-09:00 UTC)
Highest volatility during first hour (00:00-01:00 UTC)
Average movement: 51-60 pips
Best for breakout strategies
London/NY Overlap (13:00-16:00 UTC)
Maximum liquidity and institutional participation
Tightest spreads and most reliable FVG formations
Optimal for continuation trades
Monday Premium Effect
USDJPY moves 120+ pips on Mondays due to weekend positioning
Enhanced FVG formation during session opens
📊 Strategy Components
(see the generated image above)
1. Fair Value Gap Detection
Identifies bullish and bearish FVGs automatically
Age limit: FVGs expire after 20 bars to avoid stale setups
Size filter: Minimum gap size to filter out noise
2. Session Filtering
Tokyo Open focus: Trades during first hour of Asian session
London/NY Overlap: Captures high-liquidity institutional flows
Weekend gap strategy: Enhanced signals on Monday opens
3. Volume Confirmation
Requires 1.5x average volume spike
Confirms institutional participation
Reduces false signals
4. Trend Alignment
50 EMA filter ensures trades align with higher timeframe trend
Long trades above EMA, short trades below
Prevents costly counter-trend trades
5. Risk Management
2:1 Risk/Reward minimum ensures profitability with 40%+ win rate
Percentage-based stops adapt to USDJPY volatility (0.3% default)
Configurable position sizing
🎯 Entry Conditions
(see the generated image above)
Long Entry (BUY)
✅ Bullish FVG detected in previous bars
✅ Price returns to FVG zone during active trading session
✅ Volume spike above 1.5x average
✅ Price above 50 EMA (trend confirmation)
✅ Bullish candle closes within FVG zone
✅ Trading during Tokyo open OR London/NY overlap
Short Entry (SELL)
✅ Bearish FVG detected in previous bars
✅ Price returns to FVG zone during active trading session
✅ Volume spike above 1.5x average
✅ Price below 50 EMA (trend confirmation)
✅ Bearish candle closes within FVG zone
✅ Trading during Tokyo open OR London/NY overlap
📈 Expected Performance
Backtesting Results (Based on Similar Strategies):
Win Rate: 44-59% (profitable due to high R:R ratio)
Average Winner: 60-90 pips during London/NY sessions
Average Loser: 30-40 pips (tight stops at FVG boundaries)
Risk/Reward: 2:1 minimum, often 3:1 during strong trends
Best Performance: Monday Tokyo opens and Wednesday London/NY overlaps
Why This Works for USDJPY:
90% correlation with US-Japan bond yield spreads
High volatility provides sufficient pip movement
Heavy institutional/central bank participation creates clear FVGs
Consistent volatility patterns across trading sessions
⚙️ Configurable Parameters
Session Settings:
Trade Tokyo Session (Enable/Disable)
Trade London/NY Overlap (Enable/Disable)
FVG Settings:
FVG Minimum Size (Filter small gaps)
Maximum FVG Age (20 bars default)
Show FVG Markers (Visual display)
Volume Settings:
Use Volume Filter (Enable/Disable)
Volume Multiplier (1.5x default)
Volume Average Period (20 bars)
Trend Settings:
Use Trend Filter (Enable/Disable)
Trend EMA Period (50 default)
Risk Management:
Risk/Reward Ratio (2.0 default)
Stop Loss Percentage (0.3% default)
🎨 Visual Indicators
🟡 Yellow Line: 50 EMA trend filter
🟢 Green Triangles: Long entry signals
🔴 Red Triangles: Short entry signals
🟢 Green Dots: Bullish FVG zones
🔴 Red Dots: Bearish FVG zones
🟦 Blue Background: Tokyo open session
🟧 Orange Background: London/NY overlap
📊 Recommended Settings
Optimal Timeframes:
Primary: 5-minute charts (scalping)
Secondary: 15-minute charts (swing trading)
Parameter Optimization:
Conservative: Stop Loss 0.2%, R:R 2:1, Volume 2.0x
Balanced: Stop Loss 0.3%, R:R 2:1, Volume 1.5x (default)
Aggressive: Stop Loss 0.4%, R:R 1.5:1, Volume 1.2x
Risk Management:
Maximum 1-2% of account per trade
Daily loss limit: Stop after 3-5 consecutive losses
Use fixed percentage position sizing
⚠️ Important Considerations
Avoid Trading During:
Major news events (BOJ interventions, NFP, FOMC)
Holiday periods with reduced liquidity
Low volatility Asian afternoon sessions
When US-Japan yield differential narrows sharply
Best Practices:
Limit to 2-3 trades per session maximum
Always respect the 50 EMA trend filter
Never risk more than planned per trade
Paper trade for 2-4 weeks before live implementation
Track performance by session and day of week
🚀 How to Use
Add the script to your USDJPY chart
Set timeframe to 5-minute or 15-minute
Adjust parameters based on your risk tolerance
Enable strategy alerts for automated notifications
Wait for visual signals (triangles) to appear
Enter trades according to your risk management rules
📚 Strategy Foundation
This strategy is based on:
Smart Money Concepts (SMC): Institutional order flow tracking
Market Microstructure: Understanding how FVGs form in electronic trading
Quantified Risk Management: Statistical edge through proper R:R ratios
Session Liquidity Patterns: Exploiting predictable volatility cycles
Wyckoff Accumulation / Distribution Detector (v3)🌱 Spring (Bullish Wyckoff Signature)
🧠 Definition
A Spring happens when price dips below a well-defined support level, usually near the end of an accumulation phase, then quickly reverses back above support.
This is not ordinary volatility — it's usually intentional by large operators (“Composite Man”) to:
Trigger stop-losses of weak holders
Create the illusion of a breakdown to scare late sellers in
Absorb all remaining supply at low prices
Launch the next markup leg once weak hands are flushed out
🧭 Typical Spring Characteristics
Feature Behavior
Location Near the bottom of a trading range after a decline
Price Action Temporary breakdown below support, then sharp reversal above
Volume Usually low to average on the break, indicating lack of real selling pressure. Sometimes a volume surge on the reversal as strong hands step in
Candle Often shows a long lower wick, closes back inside the range
Intent Shakeout of weak holders, allow institutions to accumulate more quietly
📈 Why It's Bullish
Springs typically mark the final test of supply. If price can dip below support and immediately recover, it means:
Selling pressure is exhausted (no follow-through)
Strong hands are absorbing remaining shares
A bullish breakout is often imminent
🪤 Upthrust (Bearish Wyckoff Signature)
🧠 Definition
An Upthrust is the mirror image of a Spring. It happens when price pokes above a resistance level, usually near the end of a distribution phase, but then fails to hold above it and falls back inside the range.
This is typically smart money distributing to eager buyers:
Late breakout traders pile in
Institutions sell into that strength
Price collapses back into the range, trapping breakout buyers
🧭 Typical Upthrust Characteristics
Feature Behavior
Location Near the top of a trading range after a rally
Price Action Temporary breakout above resistance, then quick reversal down
Volume Frequently low on the breakout, suggesting a lack of real buying interest — or sometimes high but with no progress, showing hidden selling
Candle Often shows a long upper wick, closes back inside the range
Intent Trap breakout buyers, provide liquidity for institutional sellers to unload near highs
📉 Why It's Bearish
Upthrusts show demand failure and supply swamping:
Buyers cannot sustain the breakout.
The sharp reversal signals large players are exiting.
Typically precedes markdown phases or sharp declines.
📝 Trading Implications
Spring → Often followed by a sign of strength rally → good long entry if confirmed with volume expansion and follow-through.
Upthrust → Often followed by a sign of weakness → short setups, especially if the next rally fails at lower highs.
The script looks for:
🌱 Spring:
Price makes a low below recent pivot support,
Closes back above,
Does so on low volume → likely a shakeout.
🪤 Upthrust:
Price makes a high above recent pivot resistance,
Closes back below,
On low volume → likely a bull trap.
Diwali Lights Pro — 7-Diyas Signal Matrix [KedArc Quant]🎯 Overview
“Diwali Lights Pro — 7-Diyas Signal Matrix” is a precision-built trend-sentiment indicator that blends the glow of seven technical “diyas” — each representing a different momentum or strength dimension — into one intuitive signal matrix. It was designed to celebrate light, discipline, and clarity in trading — helping traders filter noise, identify strong trend shifts, and take trades with conviction. Each diya is powered by a proven indicator component: RSI, Stochastic, EMA trend strength, and momentum slopes.Together, they light up your chart with buy/sell signals only when technical confluence aligns — like the diyas of Diwali shining in harmony.
💡 Core Concept
The indicator computes a composite score (–9 to +9) by evaluating seven key parameters:
| # | Diya | Logic | Interpretation |
| 1 | RSI | Overbought / Oversold | Short-term momentum exhaustion |
| 2 | Stochastic | Direction & zones | Confirmation of RSI |
| 3 | Price vs EMA20 | Position of price | Near-term trend bias |
| 4 | EMA20 Slope | Short-term momentum | Strength confirmation |
| 5 | EMA50 Slope | Mid-term trend | Trend stability |
| 6 | EMA100 Slope | Medium-term sentiment | Institutional bias |
| 7 | EMA200 Slope | Long-term sentiment | Market direction baseline |
The total of these 7 diyas creates a signal matrix that dynamically adapts to trend conditions.
⚙️ Inputs & Configuration
| RSI Length | 14 | Standard RSI window |
| Stochastic Length | 14 | Measures momentum oscillation |
| EMA Periods | 20, 50, 100, 200 | Multi-layer trend structure |
| Overbought / Oversold Zones | 70 / 30 | Configurable thresholds |
| Show Buy/Sell Labels | ✅ | Toggle signal markers |
| Show Banner | ✅ | Festive Diwali header with fireworks |
| Twinkle Interval | 10 bars | Animation timing |
| Fireworks Count | 18 | Visual celebration intensity |
| Background Opacity | 100% | Style preference |
🧭 Entry & Exit Logic
# ✅ Buy Signal (🪔)
A Buy triggers when:
* The total diya score crosses above zero,
* And at least four of seven components turn bullish.
This indicates that short-term oscillators, price action, and moving averages are all turning in unison — a strong entry zone after a pullback.
# 🔥 Sell Signal (🔥)
A Sell triggers when:
* The total diya score crosses below zero,
* And multiple slopes or price conditions flip bearish.
This flags weakening momentum and possible trend exhaustion.
# 💬 Suggested Usage
* Works beautifully on 5-min to 1-hour charts.
* Best when used with trend confirmation tools (volume, price structure).
* Avoid entering trades when signals flip rapidly within narrow ranges (sideways zones).
🧪 Mathematical Formulae
1. RSI Bucket (p₁):
p₁ =
2 if RSI < Very Oversold
1 if RSI < Oversold
0 if neutral
-1 if RSI > Overbought
-2 if RSI > Very Overbought
2. Stochastic Bucket (p₂): Similar to RSI bucketing.
3. Price vs EMA20 (p₃):
p₃ = sign(close - EMA20)
4–7. Slope Sign (EMA20, 50, 100, 200):
p₄₋₇ = sign(EMA - EMA )
Total Score = Σ(p₁…p₇)
→ Crossover(total_score, 0) → Buy Signal
→ Crossunder(total_score, 0) → Sell Signal
📊 Why It’s Not Just a Mash-Up
Diwali Lights Pro uses:
* A unified scoring engine with weighted logic rather than conflicting triggers.
* Each component (diya) contributes equally, creating a normalized sentiment index.
* Smart signal filtering prevents repetitive false flips by enforcing trend alignment across multiple time frames.
* A dynamic, responsive structure optimized for clarity and minimal repainting.
🎆 Unique Add-Ons
* Top-Right Diwali Banner: Festive “Happy Diwali” with animated fireworks 🎇 and diyas 🪔.
* Signal Filtering: Reduces noise in volatile ranges.
* EMA Cloud Context: Visual clarity of multi-layer trend zones.
* Optional Light Mode: Change fireworks opacity for a subtle or bright effect.
📘 FAQ
Q1: Does this repaint?
No — it uses confirmed values (RSI, Stochastic, EMA slopes). Signals appear only after the bar closes.
Q2: Which timeframes work best?
Between 5m and 1h, depending on your strategy.
Use higher EMAs for swing setups.
Q3: Can I use it with alerts?
Yes, both Buy and Sell triggers come with built-in `alertcondition()` for instant notifications.
Q4: Can it be combined with other indicators?
Absolutely — it pairs well with volume profiles, volatility bands, or order-flow systems.
🪔 Glossary
| Diya | Candle or light — here, each diya = one technical indicator |
| EMA | Exponential Moving Average — measures smoothed trend bias |
| RSI | Relative Strength Index — momentum overbought/oversold oscillator |
| Stochastic | Momentum oscillator measuring closing levels relative to highs/lows |
| Slope Sign | Direction of EMA movement — rising or falling |
| Signal Matrix | The combined system of all seven diyas generating a unified score |
🧭 Final Note
> *Diwali Lights Pro* is not just a trading tool — it’s a visual celebration of confluence and discipline.
> When the diyas align, trends shine. Use it to trade in harmony with light, not against it. 🌟
⚠️ Disclaimer
This script is provided for educational purposes only.
Past performance does not guarantee future results.
Trading involves risk, and users should exercise caution and use proper risk management when applying this strategy.
Volume Rate of Change (VROC)# Volume Rate of Change (VROC)
**What it is:** VROC measures the rate of change in trading volume over a specified period, typically expressed as a percentage. Formula: `((Current Volume - Volume n periods ago) / Volume n periods ago) × 100`
## **Obvious Uses**
**1. Confirming Price Trends**
- Rising VROC with rising prices = strong bullish trend
- Rising VROC with falling prices = strong bearish trend
- Validates that price movements have conviction behind them
**2. Spotting Divergences**
- Price makes new highs but VROC doesn't = weakening momentum
- Price makes new lows but VROC doesn't = potential reversal
**3. Identifying Breakouts**
- Sudden VROC spikes often accompany legitimate breakouts from consolidation patterns
- Helps distinguish real breakouts from false ones
**4. Overbought/Oversold Conditions**
- Extreme VROC readings (very high or very low) suggest exhaustion
- Mean reversion opportunities when volume extremes occur
---
## **Non-Obvious Uses**
**1. Smart Money vs. Dumb Money Detection**
- Declining VROC during price rallies may indicate retail FOMO while institutions distribute
- Rising VROC during selloffs with price stability suggests institutional accumulation
**2. News Impact Measurement**
- Compare VROC before/after earnings or announcements
- Low VROC on "significant" news = market doesn't care (fade the move)
- High VROC = genuine market reaction (respect the move)
**3. Market Regime Changes**
- Persistent shifts in average VROC levels can signal transitions between bull/bear markets
- Declining baseline VROC over months = waning market participation/topping process
**4. Intraday Liquidity Profiling**
- VROC patterns across trading sessions identify best execution times
- Avoid trading when VROC is abnormally low (wider spreads, poor fills)
**5. Sector Rotation Analysis**
- Compare VROC across sector ETFs to identify where capital is flowing
- Rising VROC in defensive sectors + falling VROC in cyclicals = risk-off rotation
**6. Options Expiration Effects**
- VROC typically drops significantly post-options expiration
- Helps avoid false signals from mechanically-driven volume changes
**7. Algorithmic Activity Detection**
- Unusual VROC patterns (regular spikes at specific times) may indicate algo programs
- Can front-run or avoid periods of heavy algorithmic interference
**8. Liquidity Crisis Early Warning**
- Sharp, sustained VROC decline across multiple assets = liquidity withdrawal
- Can precede market stress events before price volatility emerges
**9. Cryptocurrency Wash Trading Detection**
- Comparing VROC across exchanges for same asset
- Discrepancies suggest artificial volume on certain platforms
**10. Pair Trading Optimization**
- Use relative VROC between correlated pairs
- Enter when VROC divergence is extreme, exit when it normalizes
The key to advanced VROC usage is context: combining it with price action, market structure, and other indicators rather than using it in isolation.
Tweezer & Kangaroo Zones [WavesUnchained]Tweezer & Kangaroo Zones
Pattern Recognition with Supply/Demand Zones
Indicator that detects tweezer and kangaroo tail (pin bar) reversal patterns and creates supply and demand zones. Includes volume validation, trend context, and confluence scoring.
What You See on Your Chart
Pattern Labels:
"T" (Red) - Tweezer Top detected above price → Bearish reversal signal
"T" (Green) - Tweezer Bottom detected below price → Bullish reversal signal
"K" (Red) - Kangaroo Bear (Pin Bar rejection from top) → Bearish signal
"K" (Green) - Kangaroo Bull (Pin Bar rejection from bottom) → Bullish signal
Label Colors Indicate Pattern Strength:
Dark Green/Red - Strong pattern (score ≥8.0)
Medium Green/Red - Good pattern (score ≥6.0)
Light Green/Red - Valid pattern (score <6.0)
Zone Boxes:
Red Boxes - Supply Zones (resistance, potential short areas)
Green Boxes - Demand Zones (support, potential long areas)
White Border - Active zone (fresh, not tested yet)
Gray Border - Inactive zone (expired or invalidated)
Pattern Detection
Tweezer Patterns (Classic Double-Top/Bottom):
Flexible Lookback - Detects patterns up to 3 bars apart (not just consecutive)
Precision Matching - 0.2% level tolerance for high-quality signals
Wick Similarity Check - Both candles must show similar rejection wicks
Volume Validation - Second candle requires elevated volume (0.8x average)
Pattern Strength Score - 0-1 quality rating based on level match + wick similarity
Optional Trend Context - Can require trend alignment (default: OFF for more signals)
Kangaroo Tail / Pin Bar Patterns:
No Pivot Delay - Instant detection without waiting for pivot confirmation
Body Position Check - Body must be at candle extremes (30% tolerance)
Volume Spike - Rejection must occur with volume (0.9x average)
Rejection Strength - Scores based on wick length (0.5-0.9 of range)
Optional Trend Context - Bearish in uptrends, Bullish in downtrends (default: OFF)
Zone Management
Auto-Created Zones - Every valid pattern creates a supply/demand zone
Overlap Prevention - Zones too close together (50% overlap) are not duplicated
Lifetime Control - Zones expire after 400 bars (configurable)
Smart Invalidation - Zones invalidate when price closes through them
Styling Options - Choose between Solid, Dashed, or Dotted borders
Border Width - 2px width for better visibility
Confluence Scoring System
Multi-factor confluence scoring (0-10 scale) with configurable weights:
Regime (EMA+HTF) - Trend alignment across timeframes (Weight: 2.0)
HTF Stack - Multi-timeframe trend confluence (Weight: 3.0)
Structure - Higher lows / Lower highs confirmation (Weight: 1.0)
Relative Volume - Volume surge validation (Weight: 1.0)
Chop Advantage - Favorable market conditions (Weight: 1.0)
Zone Thinness - Tight zones = better R/R (Weight: 1.0)
Supertrend - Trend indicator alignment (Weight: 1.0)
MOST - Moving Stop alignment (Weight: 1.0)
Pattern Strength - Quality of detected pattern (Weight: 1.5)
Zone Retest Signals
Signals generated when zones are retested:
BUY Signal - Price retests demand zone from above (score ≥4.5)
SELL Signal - Price retests supply zone from below (score ≥5.5)
Normalized Score - Displayed as 0-10 for easy interpretation
Optional Trend Gate - Require trend alignment for signals (default: OFF)
Alert Ready - Built-in alertconditions for automation
Additional Features
Auto-Threshold Tuning - Adapts to ATR and Choppiness automatically
Session Profiles - Different settings for RTH vs ETH sessions
Organized Settings - 15+ input groups for easy configuration
Optional Panels - HTF Stack overview and performance metrics (default: OFF)
Data Exports - Hidden plots for strategy/library integration
RTA Health Monitoring - Built-in performance tracking
Setup & Configuration
Quick Start:
1. Apply indicator to any timeframe
2. Patterns and zones appear automatically
3. Adjust pattern detection sensitivity if needed
4. Configure zone styling (Solid/Dashed/Dotted)
5. Set up alerts for zone retests
Key Settings to Adjust:
Pattern Detection:
• Min RelVolume: Lower = more signals (0.8 Tweezer, 0.9 Kangaroo)
• Require trend context: Enable for stricter, higher-quality patterns
• Check wick similarity: Ensures proper rejection structure
Zone Management:
• Zone lifetime: How long zones remain active (default: 400 bars)
• Invalidate on close-through: Remove zones when price breaks through
• Max overlap: Prevent duplicate zones (default: 50%)
Scoring:
• Min Score BUY/SELL: Higher = fewer but better signals (default: 4.5/5.5)
• Component weights: Customize what factors matter most
• Signals require trend gate: OFF = more signals, ON = higher quality
Visual Customization
Zone Colors - Light red/green with 85% transparency (non-intrusive)
Border Styles - Solid, Dashed, or Dotted
Label Intensity - Darker greens for better readability
Clean Charts - All panels OFF by default
Understanding the Zones
Supply Zones (Red):
Created from bearish patterns (Tweezer Tops, Kangaroo Bears). Price made a high attempt to push higher, but was rejected. These become resistance areas where sellers may step in again.
Demand Zones (Green):
Created from bullish patterns (Tweezer Bottoms, Kangaroo Bulls). Price made a low with strong rejection. These become support areas where buyers may step in again.
Zone Quality Indicators:
• White border = Fresh zone, not tested yet
• Gray border = Zone expired or invalidated
• Thin zones (tight range) = Better risk/reward ratio
• Thick zones = Less precise, wider stop required
Trading Applications
Reversal Trading - Enter at pattern detection with tight stops
Zone Retest Trading - Wait for retests of established zones
Trend Confluence - Trade only when patterns align with trend
Risk Management - Use zone boundaries for stop placement
Target Setting - Opposite zones become profit targets
Pro Tips
Best signals occur when pattern + zone retest + trend all align
Lower timeframes = more signals but more noise
Higher timeframes = fewer but more reliable signals
Start with default settings, adjust based on your market
Combine with other analysis (structure, key levels, etc.)
Use alerts to avoid staring at charts all day
Important Notes
Not all patterns will lead to successful trades
Use proper risk management and position sizing
Patterns work best in trending or range-bound markets
Very choppy conditions may produce lower-quality signals
Always confirm with your own analysis before trading
Technical Specifications
• Pine Script v6
• RTA-Core integration
• RTA Core Library integration
• Maximum 200 boxes, 500 labels
• Auto-tuning based on ATR and Choppiness
• Session-aware threshold adjustments
• Memory-optimized zone management
What's Included
Tweezer Top/Bottom detection
Kangaroo Tail / Pin Bar detection
Automatic supply/demand zone creation
Volume validation system
Pattern strength scoring
Zone retest signals
Multi-factor confluence scoring
Optional HTF Stack panel
Optional performance metrics
Session profile support
Auto-threshold tuning
Alert conditions
Data exports for strategies
Author Waves Unchained
Version 1.0
Status Public Indicator
Summary
Reversal pattern detection with zone management, volume validation, and confluence scoring for tweezer and kangaroo tail patterns.
---
Disclaimer: This indicator is for educational and informational purposes only. Trading involves risk. Past performance does not guarantee future results. Always practice proper risk management.
Pump-Smart Shorting StrategyThis strategy is built to keep your portfolio hedged as much as possible while maximizing profitability. Shorts are opened after pumps cool off and on new highs (when safe), and closed quickly during strong upward moves or if stop loss/profit targets are hit. It uses visual overlays to clearly show when hedging is on, off, or blocked due to momentum, ensuring you’re protected in most market conditions but never short against the pump. Fast re-entry keeps the hedge active with minimal downtime.
Pump Detection:
RSI (Relative Strength Index): Calculated over a custom period (default 14 bars). If RSI rises above a threshold (default 70), the strategy considers the market to be in a pump (strong upward momentum).
Volume Spike: The current volume is compared to a 20-bar simple moving average of volume. If it exceeds the average by 1.5× and price increases at least 5% in one bar, pump conditions are triggered.
Price Jump: Measured by (close - close ) / close . A single-bar change > 5% helps confirm rapid momentum.
Pump Zone (No Short): If any of these conditions is true, an orange or red background is shown and shorts are blocked.
Cooldown and Re-Entry:
Cooldown Detection: After the pump ends, RSI must fall below a set value (default ≤ 60), and either volume returns towards average or price momentum is less than half the original spike (oneBarUp <= pctUp/2).
barsWait Parameter: You can specify a waiting period after cooldown before a short is allowed.
Short Entry After Pump/Cooldown: When these cooldown conditions are met, and no short is active, a blue background is shown and a short position is opened at the next signal.
New High Entry:
Lookback New High: If the current high is greater than the highest high in the last N bars (default 20), and pump is NOT active, a short can be opened.
Take Profit (TP) & Stop Loss (SL):
Take Profit: Short is closed if price falls to a threshold below the entry (minProfitPerc, default 2%).
Stop Loss: Short is closed if price rises to a threshold above the entry (stopLossPerc, default 6%).
Preemptive Exit:
Any time a pump is detected while a short position is open, the strategy closes the short immediately to avoid losses.
Visual Feedback:
Orange Background: Market is pumping, do not short.
Red Background: Other conditions block shorts (cooldown or waiting).
Blue Background: Shorts allowed.
Triangles/Circles: Mark entries, pump start/end, for clear trading signals.
India VIX Based Nifty/BankNifty Range Calculator (Auto Fetch)VIX-Based Expected Daily Range (Auto Volatility Forecast)
Created by: Harshiv Symposium
📖 Purpose
This indicator automatically fetches the India VIX value and calculates the expected daily price range for major Indian indices such as Nifty and BankNifty.
It helps traders understand how much the market is likely to move today based on current volatility conditions.
Designed for educational and analytical awareness, not for signals or profit-making systems.
⚙️ Core Logic
Expected Daily Move (Range) = (India VIX × Current Index Price) ÷ Multiplier
- Multiplier for Nifty: 1000
- Multiplier for BankNifty: 700
This calculation projects the 1-standard-deviation (≈ 68% probability) and 2-standard-deviation (≈ 95% probability) movement zones for the day.
📊 Example
If India VIX = 15 and Nifty = 25,000:
Expected Move ≈ (15 × 25,000) ÷ 1000 = 375 points
Hence,
- 68% Range: 24,625 – 25,375
- 95% Range: 24,250 – 25,750
This gives traders a realistic idea of daily volatility boundaries.
🧭 Key Features
✅ Auto-Fetch India VIX
No need for manual input — automatically pulls live data from NSE:INDIAVIX.
✅ Dynamic Range Visualization
Plots upper/lower boundaries for 1σ and 2σ probability zones with shaded expected-move area.
✅ Dashboard Panel
Displays:
- Current VIX
- Expected Move (in points and %)
- Upper and Lower Ranges
✅ Smart Alerts
Alerts when price crosses upper or lower volatility range — potential breakout signal.
🎯 How It Helps
Intraday Traders:
Know the likely daily movement (e.g., ±220 pts on Nifty) and plan realistic targets or stops.
Options Traders:
Quickly assess whether it’s a seller-friendly (low VIX, small range) or buyer-friendly (high VIX, large range) session.
Risk Managers:
Use volatility context for stop-loss width and position sizing.
Breakout Traders:
If price breaks beyond the 2σ range → indicates potential volatility expansion.
💡 Interpretation Guide
Condition Market Behavior Strategy Insight
VIX ↓ ( < 14 ) Calm / Range-bound Option Selling Edge
VIX ↑ ( > 20 ) Volatile Sessions Option Buying Edge
Price within Range Stable Market Mean Reversion Setups
Price breaks Range Volatility Expansion Breakout Trades
⚠️ Disclaimer
This indicator is for educational and awareness purposes only.
It does not generate buy/sell signals or guarantee returns.
Always apply your own analysis and risk management.
Fair Value Gaps by DGTFair Value Gaps
A refined, multi-timeframe Fair Value Gap (FVG) detection tool that brings institutional imbalance zones to life directly on your chart.
Designed for precision, it visualizes how price delivers into inefficiencies across chart, higher, and lower (intrabar) timeframes — offering a fluid, structural view of liquidity displacement and market flow.
The script continuously tracks unfilled, partially repaired, and fully resolved imbalances, revealing where liquidity inefficiencies concentrate and where price may seek rebalancing.
Overlapping zones naturally expose institutional footprints, potential liquidity targets, and key re-pricing regions within the broader market structure.
KEY FEATURES
⯌ Multi-Timeframe Detection
Detect and display FVGs from the current chart, higher timeframes (HTF), or lower timeframes (LTF)
⯌ Smart Fill Tracking
Automatic real-time monitoring of each FVG’s fill progress with live percentage updates
⯌ Custom Fill Logic
Choose your preferred definition of when a gap is considered filled: Any Touch
Midpoint Reached
Wick Sweep
Body Beyond
⯌ Dynamic Labels & Tooltips
Labels can be toggled on/off. Even when hidden, detailed tooltips remain available by hovering over the FVG midpoint.
⯌ Adaptive Lower-Timeframe Mode
When set to “Auto,” the script intelligently selects the optimal lower timeframe based on the chart resolution.
DISCLAIMER
This script is intended for informational and educational purposes only. It does not constitute financial, investment, or trading advice. All trading decisions made based on its output are solely the responsibility of the user.
Institutional Compression Breakout (ICBO Algo) [@darshakssc]The ICBO Algo is a smart intraday trading tool that detects institutional compression zones followed by breakout confirmation. It combines candle range analysis, volume compression, EMA filtering, and ATR-based Risk/Reward zones to highlight high-probability trade setups with visual clarity.
This script is designed for educational and research purposes only, fully aligned with TradingView’s Pine Script policy and publishing guidelines.
🔍 Key Features
🌀 Compression Zone Detection
Identifies low-range, low-volume candles often formed before institutional breakouts.
📈📉 Breakout Signals
Triggered after confirmed price + EMA breakout post-compression.
📊 Dashboard Panel
Displays breakout phase, current R:R ratio, and zone status in real-time.
🟢🔴 Buy/Sell Labels with Emojis
Clean and non-intrusive labels for immediate action recognition.
🔔 Alerts Included
Receive real-time push, email, or webhook alerts for breakout signals.
⚙️ How It Works
Compression Phase:
When the candle range and volume are significantly lower than the moving average, the script flags it as a compression zone.
Breakout Confirmation:
A breakout signal is confirmed when the price breaks the previous high/low and is above/below the trend EMA.
Entry Logic:
📈 Buy: Price > previous high + above EMA after compression
📉 Sell: Price < previous low + below EMA after compression
⚠️ Disclaimer
This script is intended for educational and research purposes only. It does not constitute financial advice or recommendations of any kind. Always use proper risk management. Past performance does not guarantee future results.
FVG Volume Profile [ChartPrime]⯁ OVERVIEW
FVG Volume Profile is a smart volume analysis tool that identifies Fair Value Gaps (FVGs) and overlays a volume profile inside each gap using data from lower timeframes. The indicator automatically selects the best time resolution or allows for manual control, giving traders deeper insight into the volume structure within each imbalance. POC levels and total volumes gives a full microstructure view inside every FVG.
⯁ KEY FEATURES
Fair Value Gap Detection (Bullish & Bearish)
Detects price gaps where inefficiency exists using a 3-bar structure.
-Bullish Gaps: Low > High with confirming middle bar.
-Bearish Gaps: High < Low with confirming middle bar.
Only significant gaps (filtered by standard deviation) are plotted to avoid noise.
Multi-Timeframe Volume Profiling
Pulls granular candle and volume data from a lower timeframe —
In Auto Mode, uses a resolution ~10x lower than the current chart.
In Manual Mode, lets the user select a custom timeframe.
This ensures accurate intra-gap volume distribution.
Dynamic Volume Binning
Each FVG is divided into vertical volume bins based on the Resolution input.
Each bin displays relative volume intensity as a horizontal box, scaled by percentage of the max bin volume.
Point of Control (PoC) Line & Label
The bin with the maximum volume inside each FVG is marked with:
A horizontal line (PoC) extending from the left to right side.
A label showing the absolute volume of that bin.
Color-coded to match bullish or bearish FVGs.
Total Volume Label Inside FVG
Each FVG displays the total volume sum from its profile:
For bullish FVGs , shown in the bottom-right corner.
For bearish FVGs , shown in the top-right corner.
Auto-Removal of Invalid Gaps
If price fully closes the gap (crosses its bounds), the FVG, profile, and PoC are deleted automatically.
This keeps the chart clean and focused only on active zones.
Toggleable Volume Profile Display
User can show or hide the volume profiles within FVGs using the "Display" toggle under the "FVG Volume Profile" group.
Only the PoC and FVG boxes remain visible if toggled off.
Volume Resolution Customization
Control the number of bins used for each FVG profile.
Higher resolution = more bins and finer volume analysis. (default 15)
Auto Timeframe Validation Warning
If the selected lower timeframe isn’t actually lower than the chart's, the script shows a visible warning label prompting adjustment.
Helps prevent calculation errors.
⯁ USAGE
Use this tool to identify active imbalance zones (FVGs) with embedded volume context.
Look for PoC positioning inside gaps — near top may indicate absorption or reversal zones.
Combine with price action at the PoC level for precision entries.
Hide volume profile for a cleaner view while retaining key POC and FVG boxes.
Use resolution controls to zoom into fine-grained profiles inside large gaps.
Consider Auto mode for seamless multi-timeframe analysis, or switch to Manual for full control.
⯁ CONCLUSION
FVG Volume Profile transforms raw imbalance detection into actionable insight by embedding lower-timeframe volume structure inside each Fair Value Gap. With PoC highlights, total volume labels, and customizable bin resolution, this indicator is essential for traders who want to understand not just where the gap is — but what volume did inside it .
DragonEye Strategy — Advanced Multi-Signal Trading SystemDragonEye Strategy combines Squeeze Momentum, Chandelier Exit, and Volume Confirmation into one smart trading system.
Detects market squeezes, confirms breakout direction, and manages trades with multi-level take-profit & stop logic.
Built for precision entries and adaptive exits. Perfect for trend followers and breakout traders.
Key Session Levels | Highs, Lows, OpensOverview
Designed for scalping and intraday trading on ES, NQ, and other futures markets that trade around the clock, this indicator automatically plots key support/resistance levels:
Session opens
Session highs
Session lows
Overnight highs
Overnight lows
Session Definitions (America/New_York Time)
Session (18:00 - 16:59 ET)
Tracks complete trading cycle
Plots: High, Low
Represents true daily extremes of each session
Overnight Session (18:00 - 9:30 ET)
Captures Asian and European session price action
Plots: Open, High, Low
These levels can act as support/resistance during the NY session
NY Session (9:30 - 16:59 ET)
Optional background highlight for regular trading hours
Helps visually distinguish active NY session from overnight action
Key Features
Flexible Extension Modes
Same Day: Lines end at session close
Next Day: Lines extend through the following session
Full Chart: Lines extend indefinitely to the right
Smart Line Management
Optional extension of overnight levels through NY session
Control how many historical sessions to display (1-250)
Automatic cleanup of old lines
Full Customization
Individual color control for each level
Line style options (solid, dotted, dashed)
Line width adjustment (1px-4px)
Show/hide any level independently
Common Use Cases
Support/Resistance
Breakout/Break & Retest
Strategy
Wait for price to reach a key level
Use Level 2 data to determine who's in control at the level (e.g. aggressive buyers vs. passive sellers) *this requires third-party software and a live data feed
Enter long/short WITH institutional players, identified via Level 2 data
Target areas/levels where the market may reverse
Best Timeframes
Works on any intraday timeframe, optimized for: 1m, 5m, 15m, 30m, 1H
Notes
All times are in America/New_York (Eastern Time)
Requires intraday timeframe to detect specific session times
Lines are semi-transparent by default for better chart visibility
SMC POI Entry System HUDEntry, RR, Exit, of supply and demand zones taught in smart money trading. 12 types of zones and setups around Flips, Order Blocks, High Probability, and Extreme Demand Zones. Includes Checklist for Entry, Exit Rules, Take Profit Targets, Stop Loss spots, and Context
Pivot Breakout with Trend ZonesOverview
Pivot Breakout with Trend Zones is a technical analysis indicator that identifies key pivot points and trend direction through dynamic candle coloring. It helps traders visualize breakouts and ongoing trends in real-time.
Key Features
🔍 Pivot Point Detection
Automatically identifies significant high and low pivot points
Customizable left/right bar parameters for sensitivity adjustment
Displays pivot levels as cross-style lines with offset positioning
🎨 Smart Candle Coloring
White candles: Breakout above pivot high (bullish signal)
Black candles: Breakout below pivot low (bearish signal)
Teal candles: Uptrend continuation
Coral Red candles: Downtrend continuation
Optional color fill toggle for customization
📊 Trend Identification
Automatically tracks trend direction after breakouts
Maintains trend state until opposite breakout occurs
Clear visual distinction between breakout and trend-following phases
Input Parameters
Pivot Settings
Left Bars (High/Low): Number of bars to the left of pivot
Right Bars (High/Low): Number of bars to the right of pivot
Display Options
Enable Candle Color Fill: Toggle color visualization on/off
Line Offset: Adjust pivot line positioning (-50 to 0 bars)
How It Works
Pivot Calculation: Uses TradingView's built-in pivothigh() and pivotlow() functions to detect significant turning points
Breakout Detection: Monitors when price closes beyond pivot levels, triggering trend changes
Trend Management: Once a breakout occurs, the indicator maintains the trend direction until a counter-breakout signals reversal
Visual Feedback: Provides immediate color-coded feedback for quick market analysis
Use Cases
Swing Trading: Identify entry points at pivot breakouts
Trend Following: Stay in trades during trend continuation phases
Market Structure: Visualize support/resistance levels and trend changes
Risk Management: Use pivot levels for stop-loss placement
Ideal For
Traders looking for clear visual trend identification
Technical analysts monitoring breakout opportunities
Anyone seeking to combine pivot analysis with trend following strategies
This indicator provides a clean, intuitive way to spot trend changes and follow market momentum with immediate visual feedback through candle coloring.
High Volume Candle Detector by Ravi Shinde📊 High Volume Candle Detector
🎯 Overview
Identify exceptional volume spikes that signal institutional activity, breakouts, and reversals. Detects candles with volume exceeding a customizable threshold (default: 3x average volume over 20 periods).
✨ Key Features
🔧 Customizable Settings
Volume Multiplier (default: 3.0x) - Define your threshold
Average Period (default: 20) - Adapt to any timeframe
Bullish/Bearish Detection - Automatic color coding (green/red)
🎨 Visual Styles
Background - Subtle colored highlighting
Border - Yellow box outline
Shape - Triangle markers with "HV" text
All - Combined display
🔔 Smart Alerts
Bullish High Volume 🟢
Bearish High Volume 🔴
Any High Volume ⚠️
📈 Derivatives Trading Method
High-volume candle highs and lows mark key breakout levels. Break above = Go Long. Break below = Go Short. Trail your stop-loss with a moving average of your choice for optimal risk management. Optimal performance on 15-minute or higher timeframes. Lower timeframes may generate excessive noise.
