Simple Confluence Buy SignalMulti time frame. best time frames are higher frames for it. clean structure.
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ALCOTRADE Pro v4.5 - SFP VWAP Suite (with Light VP)Overview
This indicator is a rule-based SFP/VWAP system designed for crypto and gold futures.
It detects sweeps of local extremes (SFP) and filters them with multi-VWAP proximity (D/W/M), regime & slope, ADX, volume spikes, optional RSI, HTF trend, and an Adaptive Bollinger module. A Light Weekly/Monthly Volume Profile (custom histogram logic) adds VAL/POC/VAH context.
Outputs: basic LONG/SHORT and an ensemble “MASTER” signal when weighted confirms exceed a threshold.
What’s original here
Targeted SFP logic near anchored VWAPs (D/W/M) with dual proximity modes (% distance or ATR), optional bar-close confirmation, and cooldown.
Regime gating with Weekly VWAP slope (bps/bar) smoothed; signals only when slope meets configurable magnitude.
Adaptive MinScore: the minimum score for a signal auto-adjusts with ADX (tightens in chop, relaxes in trend).
Ensemble MASTER score combining SFP / Pullback around Weekly VWAP / Breakout context / RSI / Slope / Adaptive Bollinger (revert/break logic depending on squeeze & VWAP proximity).
Light VP (W/M): custom binned histogram per period, with on-close VAL/POC/VAH and Developing lines updated at a configurable step — no external libraries.
Preset layer (BTC/ETH/XAU × TFs) that re-maps effective parameters and weights, not just cosmetic inputs.
How it works (core logic)
SFP detection: lookback highs/lows; wick-share thresholds; close back inside range.
VWAP proximity: nearest distance to D/W/M VWAPs in percent or ATR×; can be mandatory.
Regime: price relative to Weekly VWAP + Weekly VWAP slope SMA filter; optional ADX floor.
Confirms: volume spike over SMA×K; optional RSI cross/level.
HTF filter: HTF close vs HTF MA.
Adaptive Bollinger: picks reversion near VWAP or breakout in trend/squeeze; optional %B divergences.
Scoring: base score = proximity + regime + volume + RSI + session + ADX + VP proximity (VAL/VAH) + MACD + HTF + Bollinger/Div.
Adaptive MinScore: raises in low ADX, lowers in high ADX (bounded).
MASTER: weighted sum of SFP/Pullback/Breakout/RSI/Slope/Bollinger; fires when ≥ threshold.
How to use
Add to chart → choose “Full” mode for all features, or “VWAP only” to visualize VWAPs without signals.
Presets: pick a market/timeframe preset (BTC/ETH 5m/15m/1h; XAU 1m/5m/15m/1h). Presets remap effective parameters & weights (lookback, proximity, slopes, ADX floors, Bollinger rules, etc.).
Signals:
LONG/SHORT: appear on bar close when SFP + score ≥ adaptive min.
MASTER: requires the ensemble score ≥ threshold; generally rarer but higher quality.
Sessions (optional): enable for instruments with clear sessions.
Light VP: keep a small number of recent weeks/months; use VAL/POC/VAH as context (reactions/targets).
Risk management: this is a context & timing tool; use your own execution, SL, and TP management. Backtest forward on your venue/symbol.
Recommended settings
Crypto: BTC/ETH on 5m/15m/1h with corresponding presets.
Gold: XAU on 1m–15m in liquid hours, sessions ON.
Keep draw/update window at ~400–600 bars for performance.
Limitations & notes
Signals depend on exchange data and TF; different feeds may vary.
The Light VP is a simplified histogram per period; it is not a tick-level profile.
No guarantees; not financial advice.
Charting guidelines
Screenshots in this publication use a clean chart with only this indicator enabled so outputs are clearly identifiable.
Tags
SFP, VWAP, Volume Profile, Bollinger, ADX, RSI, MACD, HTF, Crypto, XAU, Futures
Snapfront WCTφ Coherence BandsSnapfront Coherence Bands — WCTφ (v6)
The Snapfront Coherence Bands (SCB) extend classic ATR-style bands with a coherence-driven engine. Instead of simple volatility envelopes, SCB adapt dynamically to market entropy, trend stability, and regime detection.
Core Features:
📊 WCTφ (Weighted Coherence Tracking) to measure entropy & disorder
🔍 Adaptive band width scaling with chaos factor (ATR × coherence)
🎯 Regime coloring:
Trend (lime)
Breakout (aqua)
Mean reversion (yellow)
Exhaustion (orange)
⚡ Squeeze detector with percentile-based compression zones
🟢/🔴 Entry/exit arrows on crossovers (optional)
Use Cases:
Spot high-clarity trend moves vs. noisy ranges
Anticipate volatility squeezes & breakout setups
Filter trades by regime classification
Visualize price stability with adaptive banding
⚠️ Invite-Only Access:
Available exclusively via SnapfrontTech. Subscription required.
Varma Fractal TEMA + Strong Move Candle DetectorIts a combined Indicator built on the concepts of Fractals, EMAs, RSI, ATR and Awesome Oscillators. A fractal is a small, repeating price pattern composed of five price bars or candlesticks that helps identify potential turning points in a market trend. It acts as a technical indicator to highlight support and resistance levels, signifying potential reversals. Specifically, a bullish fractal has the middle bar as the lowest low (a "V" shape), signaling a possible uptrend reversal, while a bearish fractal has the middle bar as the highest high (an inverted "V"), indicating a potential downtrend reversal. EMA tracks an asset's price over a specific period by placing greater weight on recent data points, making it more responsive to current market changes than a Simple Moving Average (SMA). Traders use EMAs to identify bullish and bearish trends, spot potential entry and exit points, and capture market momentum and price shifts quickly, especially in shorter time frames. RSI (Relative Strength Index) is a momentum oscillator used in trading to measure the speed and change of price movements, indicating whether a security is overbought (likely to fall) or oversold (likely to rise). Developed by J. Welles Wilder Jr., the RSI oscillates between 0 and 100, with values above 70 generally signaling an overbought condition and values below 30 indicating an oversold condition. Traders use these signals to identify potential trend reversals and time their entry and exit points more effectively.
VXN Range FilterThis indicator is based on other open source scripts. It's designed for Nasdaq futures (NQ and MNQ), combining a range filter with CBOE VXN Index (Nasdaq-100 volatility) signals to identify buy and sell opportunities.
It overlays on the price chart, using a smoothed price filter to reduce noise and dynamic bands for target zones. The VXN's EMA and SMA determine bullish (EMA < SMA, green background)
or bearish (EMA > SMA, red background) market conditions to confirm signals. Buy/sell signals are generated when the price breaks out of the filter in the trend direction, confirmed by the VXN state and a change in prior condition to avoid redundant signals.
The indicator is suitable for swing or trend-following strategies, with adjustable parameters
for customization. Visuals include colored bars (white: bullish, blue: bearish, light blue: neutral), target bands, and labeled signals. Alerts are provided for buy, sell, or both.
SOM RRMA (Revolution & Reverse Magic Average)## SOM RRMA (Revolution & Reverse Magic Average)
**Description:**
The SOM RRMA (Revolution & Reverse Magic Average) indicator overlays two distinct moving average lines on any TradingView chart, providing traders with enhanced trend and reversal insights.
- The “Revolution Magic Line RMA” plots the classic Welles Wilder’s Running Moving Average (RMA) using default settings: length = 21, source = close, and timeframe = chart. This line is displayed in **green** for clear visibility.
- The “Reverse Magic Line RMA” plots an innovative reverse RMA, based on a reversed price calculation, also using default settings: length = 21, source = close, and timeframe = chart. This line appears in **red** for direct distinction.
- Both lines offer independent customization of length, source, and timeframe, enabling traders to tailor the indicator to their strategy and instrument.
**How to Use:**
- Add SOM RRMA to any TradingView instrument and timeframe.
- By default, both lines use length = 21 and source = close with the current chart’s timeframe.
- The green line tracks the standard RMA trend; the red line follows the Reverse RMA, often moving contrary to price action.
- Observe interactions and divergence between the two lines to detect trend changes, momentum shifts, or potential reversal setups.
**Features:**
- Customizable length, source, and timeframe parameters for both lines.
- Default colors: green for standard RMA, red for Reverse RMA.
- Trend-following, divergence detection, and reversal strategy support.
**Notes:**
This indicator is intended for educational and research purposes only. Please test it using demo charts before applying to live trading.
Feedback and suggestions are welcome—share your experience or questions on the script page.
Break Point Record Table — GSK-VIZAG-AP-INDIA "Break Point Record Table — GSK-VIZAG-AP-INDIA" indicator captures key break points during each trading session and presents a clear, color-coded table overlay on the chart for quick visual reference. Specifically, it logs sessions' open price and monitors subsequent price action for notable breaks in the session high or low prices. Each break event is recorded with the time, price, and percentage change from the previous break, helping traders identify significant price movements within the session at a glance.
Key Features:
Records the session start time and opening price for context.
Tracks every intraday break above the previous session high or below the previous session low.
Calculates and displays the percentage change at each break event.
Highlights breaks with descriptive text including break time and values to aid trade decision-making.
Displays a table with columns for Time, Open, High, Low, and a Description of the event.
Uses color-coded cells to differentiate between session start, highs, lows, and break descriptions for better readability.
Maintains performance and readability by limiting the table to the latest 30 break events.
Usage & Benefits:
This indicator is ideal for intraday traders who want reliable visual cues to monitor momentum shifts and breakout/breakdown points during the trading day. By capturing these break points as discrete events and organizing the data into an easily accessible, visually intuitive table, it improves situational awareness and supports timely trading decisions.
Entry + TP + SL Box (dynamic )The purpose of creating this indicator is to quickly draw the entry price range box, price target box, and price loss box.
Dual Channel System [Alpha Extract]A sophisticated trend-following and reversal detection system that constructs dynamic support and resistance channels using volatility-adjusted ATR calculations and EMA smoothing for optimal market structure analysis. Utilizing advanced dual-zone methodology with step-like boundary evolution, this indicator delivers institutional-grade channel analysis that adapts to varying volatility conditions while providing high-probability entry and exit signals through breakthrough and rejection detection with comprehensive visual mapping and alert integration.
🔶 Advanced Channel Construction
Implements dual-zone architecture using recent price extremes as foundation points, applying EMA smoothing to reduce noise and ATR multipliers for volatility-responsive channel widths. The system creates resistance channels from highest highs and support channels from lowest lows with asymmetric multiplier ratios for optimal market reaction zones.
// Core Channel Calculation Framework
ATR = ta.atr(14)
// Resistance Channel Construction
Resistance_Basis = ta.ema(ta.highest(high, lookback), lookback)
Resistance_Upper = Resistance_Basis + (ATR * resistance_mult)
Resistance_Lower = Resistance_Basis - (ATR * resistance_mult * 0.3)
// Support Channel Construction
Support_Basis = ta.ema(ta.lowest(low, lookback), lookback)
Support_Upper = Support_Basis + (ATR * support_mult * 0.4)
Support_Lower = Support_Basis - (ATR * support_mult)
// Smoothing Application
Smoothed_Resistance_Upper = ta.ema(Resistance_Upper, smooth_periods)
Smoothed_Support_Lower = ta.ema(Support_Lower, smooth_periods)
🔶 Volatility-Adaptive Zone Framework
Features dynamic ATR-based width adjustment that expands channels during high-volatility periods and contracts during consolidation phases, preventing false signals while maintaining sensitivity to genuine breakouts. The asymmetric multiplier system optimizes zone boundaries for realistic market behavior patterns.
// Dynamic Volatility Adjustment
Channel_Width_Resistance = ATR * resistance_mult
Channel_Width_Support = ATR * support_mult
// Asymmetric Zone Optimization
Resistance_Zone = Resistance_Basis ± (ATR_Multiplied * )
Support_Zone = Support_Basis ± (ATR_Multiplied * )
🔶 Step-Like Boundary Evolution
Creates horizontal step boundaries that update on smoothed bound changes, providing visual history of evolving support and resistance levels with performance-optimized array management limited to 50 historical levels for clean chart presentation and efficient processing.
🔶 Comprehensive Signal Detection
Generates break and bounce signals through sophisticated crossover analysis, monitoring price interaction with smoothed channel boundaries for high-probability entry and exit identification. The system distinguishes between breakthrough continuation and rejection reversal patterns with precision timing.
🔶 Enhanced Visual Architecture
Provides translucent zone fills with gradient intensity scaling, step-like historical boundaries, and dynamic background highlighting that activates upon zone entry. The visual system uses institutional color coding with red resistance zones and green support zones for intuitive
market structure interpretation.
🔶 Intelligent Zone Management
Implements automatic zone relevance filtering, displaying channels only when price proximity warrants analysis attention. The system maintains optimal performance through smart array management and historical level tracking with configurable lookback periods for various market conditions.
🔶 Multi-Dimensional Analysis Framework
Combines trend continuation analysis through breakthrough patterns with reversal detection via rejection signals, providing comprehensive market structure assessment suitable for both trending and ranging market conditions with volatility-normalized accuracy.
🔶 Advanced Alert Integration
Features comprehensive notification system covering breakouts, breakdowns, rejections, and bounces with customizable alert conditions. The system enables precise position management through real-time notifications of critical channel interaction events and zone boundary violations.
🔶 Performance Optimization
Utilizes efficient EMA smoothing algorithms with configurable periods for noise reduction while maintaining responsiveness to genuine market structure changes. The system includes automatic historical level cleanup and performance-optimized visual rendering for smooth operation across all timeframes.
Why Choose Dual Channel System ?
This indicator delivers sophisticated channel-based market analysis through volatility-adaptive ATR calculations and intelligent zone construction methodology. By combining dynamic support and resistance detection with advanced signal generation and comprehensive visual mapping, it provides institutional-grade channel analysis suitable for cryptocurrency, forex, and equity markets. The system's ability to adapt to varying volatility conditions while maintaining signal accuracy makes it essential for traders seeking systematic approaches to breakout trading, zone reversals, and trend continuation analysis with clearly defined risk parameters and comprehensive alert integration. Also to note, this indicator is best suited for the 1D timeframe.
SMA Trade Signal with BackgroundSMA Trade Signal with Background, using 5 & 20 simple moving averages, only showing buy signals during an uptrend and sells during a down trend.
Auto Pivot Entry SL TPDescription:
The Auto Pivot Entry SL TP indicator automatically detects Pivot Highs and Pivot Lows to generate precise BUY and SELL trade setups.
When a Pivot Low forms, a BUY setup is displayed with Entry, Stop Loss, and multiple Take Profit (TP1–TP3) levels.
When a Pivot High forms, a SELL setup is displayed with Entry, Stop Loss, and multiple Take Profit (TP1–TP3) levels.
Key Features:
Automatic detection of pivots for trade entries.
Clear visualization of Entry, SL, and TP levels directly on the chart.
Flexible Risk-Reward ratio settings for customizable targets.
Works on all symbols and timeframes.
This tool is designed for traders who want a simple yet effective method to plan trades using price action pivot points combined with predefined risk management (SL & TP levels).
Modern Trend Indicator_GirishThis Indicator is a Powerful Buy and Sell Indicator to catch the Trend in all time frame.
IST 4H Candle Boxes (5m)highlights forex 4h session in IST. Works for scalping with 4h bias.
highlights forex 4h session in IST. Works for scalping with 4h bias.
highlights forex 4h session in IST. Works for scalping with 4h bias.
highlights forex 4h session in IST. Works for scalping with 4h bias.
Relative RSI vs Multi Benchmark (Equal Weight + RBI Rate)Relative RSI vs Multi Benchmark (Equal Weight + RBI Rate) - Select RSI or MACD
MTF Trend Analyzer + Option SignalThis Pine Script indicator, titled "MTF Trend Analyzer + Option Signal", is a comprehensive multi-timeframe trend analysis tool designed for TradingView to assist traders in identifying market trends and generating potential option trade signals. It overlays the chart and provides visual labels, a detailed trend table, and option strike suggestions based on trend conditions.
Detailed Description for Publishing on TradingView
Overview
The MTF Trend Analyzer + Option Signal indicator is designed to help traders make informed decisions by analyzing trend strength and direction across the current and a higher timeframe using Exponential Moving Averages (EMAs) and the Average Directional Index (ADX). Alongside trend analysis, it generates actionable option signals (Call or Put options) for instruments like NIFTY or BANKNIFTY by suggesting strikes based on the current trend and user input.
Key Features
- Multi-Timeframe Trend Analysis: Compares trend indicators on both the current chart’s timeframe and a user-selected higher timeframe to confirm trend direction and strength.
- Trend Identification Using EMAs and ADX:
- Calculates fast and slow EMA crossovers.
- Uses ADX to determine trend strength (with values above 20 indicating strong trends).
- Visual Labels for Trend Changes:
- Displays "BUY" or "SELL" labels on the chart when the trend shifts, based on EMA and ADX conditions.
- Option Trade Signal Suggestions:
- Based on the identified trend and option action type (Buy or Sell), suggests corresponding Call or Put option strike prices.
- Strike prices are calculated dynamically using the current price and user-defined strike gap (e.g., 50 for NIFTY, 100 for BANKNIFTY).
- Trend Score: A cumulative score from 0 to 100 reflecting the alignment of EMA and ADX conditions across both timeframes, helping quantify trend reliability.
- Trend Summary Table: A dynamic table positioned on the chart displaying key metrics including EMA values, ADX values, trend direction, score, and option signals for quick reference.
Inputs
- Fast EMA Length: Length for the fast EMA used to detect short-term trend signals (default 20).
- Slow EMA Length: Length for the slow EMA used as a baseline trend filter (default 50).
- ADX Length: Length for the ADX calculation to assess trend strength (default 14).
- Show Trend Table: Toggle to display or hide the trend summary table on the chart.
- Higher Timeframe for Confirmation: The timeframe used for higher timeframe validation (default 60 minutes).
- Option Action: Choose the desired option trading action: "Buy" or "Sell".
- Strike Gap: Defines the interval between option strikes, e.g., 50 for NIFTY or 100 for BANKNIFTY.
How It Works
1. Current Timeframe Calculations: The indicator computes EMAs and ADX on the current chart timeframe to identify short-term trends.
2. Higher Timeframe Validation: It concurrently fetches corresponding values on the selected higher timeframe to confirm trend strength and direction.
3. Trend Determination:
- A BUY trend is confirmed when:
- Fast EMA > Slow EMA on both timeframes.
- ADX > 20 on both timeframes (signifying strong trend).
- A SELL trend occurs when:
- Fast EMA < Slow EMA on both timeframes.
- ADX > 20 on both timeframes.
- Any other condition results in a NEUTRAL trend.
4. Trend Score: Adds points (25 each) for each condition met (fast EMA relation and ADX threshold on both timeframes), totaling up to 100 points.
5. Trend Change Labels: When the trend shifts from previous bars, a label ("BUY" in green or "SELL" in red) is plotted to visually alert traders.
6. Option Strike Suggestions: The indicator rounds the current price to the nearest strike based on strike gap and suggests buying or selling Calls/Puts aligned with the trend and user's option action preference.
7. Trend Table: Displays a comprehensive snapshot of EMA and ADX values on both timeframes, the detected trend, trend score, and option signal for easy monitoring.
Practical Usage
- Trend Confirmation: Use the combined signals from current and higher timeframes to avoid false signals during choppy or sideways markets.
- Option Trading Guidance: The option strike recommendations ease decision-making for options traders by suggesting actionable strikes aligned with the trend.
- Visual Alerts: The labels and table provide quick, on-chart updates without requiring constant monitoring of multiple indicators.
- Customization: Adapt the EMA lengths, ADX window, higher timeframe, and strike gap as per specific market instruments or trading style.
Who Should Use This Indicator?
- Swing and intraday traders seeking robust trend validation across multiple timeframes.
- Options traders looking for timely strike price signals based on technical conditions.
- Traders who prefer a visual and quantitative summary of trend behavior over manual analysis.
- Market participants trading indices or stocks with available options, especially in markets similar to NIFTY or BANKNIFTY.
Summary
The MTF Trend Analyzer + Option Signal is an all-in-one tool for comprehensive trend analysis and options trade signal generation. Its multi-timeframe approach combined with EMA and ADX indicators delivers reliable trend direction and strength insights. The dynamic visual labels, scoring mechanism, and detailed trend table empower traders to make informed market entries and option strike selections effectively.
This script is a powerful yet user-friendly assistant for improving timing and precision in trading decisions, making it an invaluable addition to TradingView’s indicator library.
If needed, customisation or integration support is available upon request.
Sources
Color Cross Candles※日本語説明は、英文の下にあります。
This indicator detects Golden Cross and Dead Cross events using two moving averages (SMA/EMA),
and automatically changes the color of the candlesticks.
Golden Cross → Candles turn blue
Dead Cross → Candles turn red
Before any cross → Neutral color (default: gray)
Once a GC / DC occurs, the color is maintained until the next cross.
In addition, alerts can be triggered exactly when a cross happens.
✅ Key Features
Choose SMA / EMA freely for short-term and long-term moving averages
Instantly visualize the trend with candle colors
Alerts available on Golden Cross / Dead Cross
Keeps your chart clean by hiding the MA lines
A simple yet powerful tool to spot trend shifts at a glance.
日本語説明---------------------------------------------
このインジケーターは 2本の移動平均線(SMA/EMA)によるゴールデンクロス・デッドクロス を検出し、
ローソク足の色を自動的に切り替えます。
ゴールデンクロス → ローソク足を 青 に
デッドクロス → ローソク足を 赤 に
クロス前はニュートラル色(デフォルトはグレー)
一度 GC / DC が発生すると、その後は 次のクロスまで色を維持 します。
さらに、クロスが発生した瞬間にアラートを通知可能です。
✅ 主な特徴
短期・長期の移動平均に SMA / EMA を自由に選択可能
ローソク足の色でトレンドを直感的に把握
GC / DC 発生時にアラート通知
移動平均線は非表示でチャートをシンプルに保つ
シンプルながら トレンド転換を視覚的に把握できる便利なインジケーターです。
VXN OBV Traffic LightsThe VXN OBV Traffic Lights indicator is based on other open source scripts. It's designed for Nasdaq futures (NQ/MNQ) uses On-Balance Volume (OBV) to gauge buying and selling pressure, filtered by the VXN (CBOE Nasdaq Volatility Index) trend. OBV accumulates volume based on price direction: positive volume when the Heikin Ashi smoothed close rises, negative when it falls, and zero when unchanged. Three EMAs (fast, medium, slow) of OBV act as "traffic lights" to signal momentum strength, with a Donchian baseline providing a midpoint reference. Buy/sell signals are visually reinforced when OBV crosses its slow EMA, colored green (bullish) or red (bearish). The VXN trend (EMA vs. 200-period SMA) sets the background: green for bullish (lower volatility, VXN EMA < SMA) or red for bearish (higher volatility, VXN EMA > SMA), helping traders align trades with market conditions.
VXN Price Volume TrendThe VXN Price Volume Trend (PVT) indicator is based on other open source scripts. It's designed for Nasdaq futures (NQ/MNQ) tracks money flow by combining price changes and volume. PVT calculates the cumulative sum of volume multiplied by the percentage change in the average price (open + high + low + close)/4. Buy/sell signals are generated when PVT crosses its smoothed signal line (EMA or SMA) and are filtered by the VXN (CBOE Nasdaq Volatility Index) trend: buy signals trigger in bullish conditions (VXN EMA below its 200-period SMA, signaling lower volatility), and sell signals in bearish conditions (VXN EMA above SMA, signaling higher volatility). Green/red background colors highlight bullish/bearish VXN trends for quick reference, with crossover signals plotted on the chart.
Trend Strength Confidence Gauge LiteMost traders don’t fail from bad charts — they fail from bad timing. Jumping in too early, bailing too soon, or freezing when the move finally comes.
The Trend Strength Confidence Meter strips away the noise and highlights the three factors that matter most:
Trend → The confirmed direction of the market
Confidence → Concise tool clarity providing quick entries
Strength → Strength Score shows the underlying battle between buyers and sellers
How to Use It:
Watch the Moving Average Ribbon (Hull MA) for a flip: green = uptrend, red = downtrend.
Act only when ribbon color matches the Confidence thumbs-up.
Confirm with Strength 3+ before entry.
When trend, confidence, and strength align, you reduce risk and step in at tighter entry points — giving clarity for entries and conviction to hold through stronger moves.
Advanced Indicators Made Simple — Provided by The AI Trading Desk
VXN Money Flow IndexThis indicator is based on other open source scripts. It's designed for trading Nasdaq futures (NQ and MNQ). It generates trading signals using the Money Flow Index (MFI), which measures buying and selling pressure based on price and volume. The VXN index (CBOE Nasdaq Volatility Index) filters signals to align with market sentiment.
- MFI Signals: Bullish signals occur when MFI crosses above the 20 level (oversold) and the VXN background is green (bullish sentiment). Bearish signals occur when MFI crosses below the 80 level (overbought) and the VXN background is red (bearish sentiment).
- VXN Filter: The background is green when the VXN 1-period EMA is below the 200-period SMA (bullish), and red when the EMA is above the SMA (bearish).
Usage: Apply this indicator to a Nasdaq futures chart in TradingView. Take long trades on MFI crossovers above 20 when the background is green, and short trades on MFI crossunders below 80 when the background is red. Signals are plotted as triangles on the price chart.
WAE SHK Teyla 3MDesigned to detect high-pressure market moments, where momentum and volume converge to trigger explosive moves. Ideal as an entry trigger in scalping strategies, especially when paired with STC and ST-MA.
VXN VWAP & TWAPThis indicator is based on other open source scripts. It's designed for trading Nasdaq futures (NQ and MNQ). It provides directional guidance by combining the VXN index (CBOE Nasdaq Volatility Index) with VWAP and TWAP.
- VXN: Helps assess market volatility and sentiment for Nasdaq futures. A 1-period EMA and 200-period SMA of VXN are used to determine bullish (EMA < SMA) or bearish (EMA > SMA) conditions, visualized via background color.
- VWAP: Calculates the volume-weighted average price, serving as a dynamic support/resistance level. Its direction (rising or falling) indicates bullish or bearish momentum.
- TWAP: Calculates the time-weighted average price over a user-defined anchor period, useful for identifying average price trends over time.
Usage: Traders should align their trades with the direction of VWAP and TWAP (green for bullish, red for bearish) and use the VXN EMA vs. SMA crossover to confirm market sentiment (green background for bullish, red for bearish).
VHB by bigmmVolume-Based Support/Resistance Levels Indicator identifies significant price levels based on high-volume trading activity across three timeframes (4H, D, W). The script draws horizontal lines at key support/resistance levels where trading volume exceeded 60% of the maximum volume observed over the previous 499 periods.
Analyzes volume spikes on 4-hour, daily, and weekly timeframes
Displays colored lines (green for bullish candles, red for bearish candles)
Maintains only the 5 most recent significant levels to avoid chart clutter
Labels each line with its respective timeframe (4H, 1D, 1W)
Lines extend in real-time to show current relevance of each level
Traders can use these volume-based levels to identify potential support/resistance zones and make informed decisions about entry/exit points, recognizing areas where significant trading activity previously occurred.