Bandes et canaux
Мой скриптinputs:
window(1),
type(0), // 0: close, 1: high low, 2: fractals up down, 3: new fractals
persistent(False),
exittype(1),
nbars(160),
adxthres(40),
nstop(3000);
vars:
currentSwingLow(0),
currentSwingHigh(0),
trailStructureValid(false),
downFractal(0),
upFractal(0),
breakStructureHigh(0),
breakStructureLow(0),
BoS_H(0),
BoS_L(0),
Regime(0),
Last_BoS_L(0),
Last_BoS_H(0),
PeakfilterX(false);
BoS(window,persistent,type,Bos_H,BoS_L,upFractal,downFractal,breakStructureHigh,breakStructureLow);
//BOS Regime
If BoS_H <> 0 then begin
Regime = 1; // Bullish
Last_BoS_H = BoS_H ;
end;
If BoS_L <> 0 Then begin
Regime = -1; // Bearish
Last_BoS_L = BoS_L ;
end;
//Entry Logic: if we are in BoS regime then wait for break swing to entry
if ADX(5) of data2 < adxthres then begin
if time>900 and Regime = 1 and EntriesToday(date)= 0 and Last_BoS_H upFractal then buy next bar at market;
end;
if time>900 and EntriesToday(date)= 0 and Regime = -1 and Last_BoS_L>downFractal then
begin
if close < downFractal then sellshort next bar at market;
end;
end;
// Exits: nbars or stoploss or at the end of the day
if marketposition <> 0 and barssinceentry >nbars then begin
sell next bar at market;
buytocover next bar at market;
end;
setstoploss(nstop);
setexitonclose;
Custom ORB (Adjust Time, Color, + Alerts)Set Opening Range Break Out for whatever time range you choose for current day only. 15 min, 30 min etc. You can add alerts on ORB High Low and change color of Lines.
SPX EMAs - Bala//@version=5
indicator("SPX EMAs", overlay = true)
// Inputs
ema8 = ta.ema(close, 8)
ema21 = ta.ema(close, 21)
ema50 = ta.ema(close, 50)
ema200 = ta.ema(close, 200)
// Plot EMAs
plot(ema8, "EMA 8", color=color.new(color.green, 0), linewidth=2)
plot(ema21, "EMA 21", color=color.new(color.orange, 0), linewidth=2)
plot(ema50, "EMA 50", color=color.new(color.blue, 0), linewidth=2)
plot(ema200,"EMA 200",color=color.new(color.red, 0), linewidth=2)
Interactive Compound Interest ProjectorThis indicator is an interactive tool designed for long-term investors and analysts who want to compare an asset's performance against a theoretical compound interest growth curve.
Unlike static tools, this script utilizes the Interactive Anchor feature. This allows you to click on any specific point on the chart (e.g., a market bottom, a specific entry date, or a previous all-time high) to serve as the starting point ("Principal") for the projection.
How to use
Add the indicator to your chart.
Important: Because confirm=true is enabled, the script will wait for you to click on the chart. Click on the specific candle you want to use as the "Start Date".
The Yellow Line will appear starting from that candle.
Open the indicator settings to adjust:
Annual Interest Rate: (Default 6.0%).
Project until Year: (Default 2050).
Use this to visualize if an asset is "beating" a standard benchmark (like a 10% S&P500 average or a 4% risk-free rate) from a specific moment in time.
Disclaimer: This tool is for educational and comparative analysis purposes only and does not guarantee future results.
Nq/ES daily CME risk intervalNQ/ES Daily CME Range Indicator: Description and Usage
What the Indicator Does
Reverse engineering the risk interval for CME (Chicago Mercantile Exchange) products based on margin requirements involves understanding the relationship between margin requirements, volatility, and the risk interval (price movement assumed for margin calculation)
The CME uses a methodology called SPAN (Standard Portfolio Analysis of Risk) to calculate margins. At a high level, the initial margin is derived from:
Initial Margin = Risk Interval × Contract Size × Volatility Adjustment Factor
This indicator creates daily risk intervals for NQ/ES futures contracts based on volatility measurements given the fact that the CME volatility adjustment factor is not public.
The indicator draws horizontal lines on your chart that represent expected price movement ranges based on:
Your specified maintenance margin requirements
Current and historical volatility calculations
Contract lifecycle and rollover detection
The indicator automatically detects when futures contracts roll over to a new contract month, dynamically adjusts volatility calculations throughout the contract lifecycle, and displays the intervals as horizontal lines that extend from the previous day's close. These intervals give you a visual representation of likely price ranges for the current trading session.
How to Use the Indicator
To use this indicator effectively:
Add it to your NQ or ES futures chart (works on continuous contracts or individual contract months)
Set your maintenance margin amount in the risk interval settings (product margins page from the CME website. I tend to use the maintenance short margin)
The indicator will automatically draw horizontal lines at 18:00 ET each day
Use these lines as potential profit targets in volatile days
Monitor the information table for details on volatility, risk interval size, and contract lifecycle
The indicator helps you visualize expected price movement based on market volatility and your specified risk parameters, allowing you to make more informed trading decisions about position sizing and potential profit targets.
Additionally, when the market moves on news/events you will notice it will most often move exactly the risk interval value.
Why These Settings Work as Defaults
First Month Vol Period (30): The first 30 days after contract rollover typically have different volatility characteristics. This setting ensures accurate volatility measurements during this period when contract behaviour may be less stable.
Enable Volatility Floor (Checked): This prevents volatility from falling below historical levels, ensuring your risk intervals don't become too narrow during artificially calm periods. Research shows that protracted low volatility can lead to a build-up of leverage and risk, making the system vulnerable.
Volatility Floor % (0.7): The 0.7 setting works better than higher values because it better accounts for how equity volatility behaves at lower bounds. It allows for natural mean reversion while still providing protection against underestimating risk during low volatility periods.
Transition Period (30 days): This creates a smooth transition from the first month volatility period to the actual days since rollover calculation, preventing abrupt changes in your risk intervals.
Annual Trading Days (252): 252 is the standard number of trading days in a year used in financial calculations. This value is used for properly annualizing volatility measurements.
Long-Term Volatility Period (504): A 504-day period (approximately 2 years of trading days) provides several advantages over the standard 252-day setting. It better captures full market cycles including both bull and bear markets, provides more stable volatility estimates across regime changes, and results in more reliable risk intervals. Research shows this longer timeframe produces better volatility forecasts for futures markets, as it captures a more comprehensive range of market conditions while smoothing out anomalous periods.
The combination of these settings—particularly the 504-day long-term period with the 0.7 volatility floor—creates more stable and reliable risk intervals that adapt appropriately to changing market conditions without becoming overly sensitive to short-term fluctuations or too sluggish during genuine market shifts.
Adaptive Dual MA Trend Ribbon Community “Larsson-Style” PresetsMany traders enjoy experimenting with dual-moving-average “trend ribbon” structures that resemble the visual style of popular tools such as the Larsson Line. While the internal logic of closed-source indicators is not publicly available, the trading community often explores MA combinations like SMMA 15/29 or EMA 30/60 with ATR filters to study trend transitions and visualize momentum shifts.
This script does not replicate, reverse-engineer, or replace any closed-source indicator. Instead, it provides a flexible, open-source framework that lets traders build their own trend-ribbon configuration inspired by similar visual concepts while maintaining full transparency. Because the calculations rely only on standard, well-known moving-average and ATR methods, traders can experiment freely with community-discussed presets without relying on proprietary tools.
What the Script Does
• Plots Fast and Slow moving averages using the method of your choice: SMMA (RMA), EMA, SMA, or WMA
• Colors the ribbon to show directional bias:
• Bullish when Fast MA > Slow MA
• Bearish when Fast MA < Slow MA
• Neutral when the difference is small (optional ATR filter)
• Supports ATR-based neutral zone filtering
• Supports optional bar coloring
• Works on all markets and timeframes
• Fully open-source and customizable
Why This Script Is Useful
Traditional moving averages identify trend direction but lack context during uncertain or low-momentum conditions. This script adds value by:
1. Allowing multiple smoothing techniques (SMMA/EMA/SMA/WMA)
2. Highlighting clearer trend transitions
3. Identifying low-confidence periods using ATR
4. Providing a visually intuitive ribbon instead of single-line signals
Suitable for swing traders, trend followers, breakout traders, and anyone who wants cleaner structure-based contextualization.
Popular Community MA Combinations
Many traders experiment with specific MA pairs to understand trend-ribbon behavior:
• SMMA 15/29 → smoother structural trend flow
• EMA 30/60 → more responsive momentum shifts
• EMA 10/21 → intraday rhythm
• EMA 50/100 → higher-timeframe structure
These examples are commonly used by the community—but this script does not recreate or imitate any closed-source or commercial indicator.
How to Use
1. Choose your preferred MA type
2. Adjust Fast/Slow lengths to match your timeframe
3. Enable ATR Neutral Zone to reduce false flips
4. Optionally enable bar coloring
5. Combine with structure, volume, or price action for decision-making
Important Notes
• This script is original, open-source, and not affiliated with any commercial indicator or author.
• It does not reproduce, imitate, or reverse-engineer any closed-source logic.
• All computations are standard MA/ATR methods for clarity and transparency.
Disclaimer
This tool is for educational and analytical purposes only.
Always test parameters and use proper risk management before applying to live trading.
London First 15m Candle (Real-Time NY)London First 15-Minute Candle (Real-Time New York Time)
This custom TradingView indicator identifies and tracks the first 15-minute candle of the London session, but calculated in real-time according to New York time (EST/EDT).
🔹 What the Indicator Does
1. Detects the London Session Open (Real NY Time)
You define the London session start time in New York hours (default: 3:00 AM NY Time).
The indicator monitors the first 15 minutes from the defined start time (3:00–3:15 NY time).
Only today’s candle is tracked — historical London ranges are not shown.
2. Builds the London Opening Range Candle (15m)
While the 15-minute window is still open, it continuously tracks:
Highest price reached (London High)
Lowest price reached (London Low)
The values update in real time only within the 3:00–3:15 window.
At 3:15 NY time, the candle is locked in and no longer changes.
3. Draws Three Persistent Levels on the Chart
Once the London candle closes, the indicator plots:
🔴 Top Line (London High)
Extended to the right across the chart.
🟢 Bottom Line (London Low)
Extended to the right across the chart.
⚪ Mid Line (Middle of the Range)
Computed as:
(londonHigh + londonLow) / 2
Also extended to the right.
All lines:
Are only drawn for today.
Auto-delete and refresh when a new trading day begins.
4. Works on ANY Timeframe
Even if the indicator runs on:
1m
2m
5m
1h
etc.
…it still uses a real 15-minute aggregation, ensuring the London candle is accurate.
5. Clean Chart — No Historical London Levels
The script:
Removes old lines at the start of each new day.
Keeps only today’s active London range.
This prevents clutter and ensures clarity.
6. Optional Alerts (if enabled)
The indicator can generate alerts when the market crosses:
The top of the London range
The bottom of the London range
The midline
For example:
Price breaks above London High
Price breaks below London Low
Price crosses the Midline up or down
These can be used for:
Breakout strategies
Liquidity grabs
Range-trading confirmations
7. Fully Customizable
User inputs allow you to modify:
London session start hour (NY Time)
Candle duration (fixed at 15 minutes)
Line colors:
High line color
Low line color
Midline color
Line widths
Summary
This indicator gives you a clean and accurate view of the first 15-minute candle of the London session — critical for many ICT/SMS/prop firm strategies — with:
Real-time NY-based calculation
Automatic cleanup
Clear range lines
Custom colors
Alerts for breakouts
SMC Fib Range Signals [@gyanapravah]SMC Fib Range Signals
This indicator blends Smart Money Concepts (SMC) with a Range Filter Trend System and Fibonacci Retracement & Extensions to generate high-probability automated Buy/Sell signals.
Designed to avoid noise and focus on market structure + trend + price confluence, this tool is ideal for:
1. Intraday traders
2. Swing traders
3. Index & stock traders
4. Crypto & Forex traders
CORE FEATURES
Range Filter Trend Detection
Smooth adaptive filter identifies true trend direction
Visual confirmation:
🟢 Green filter = bullish pressure
🔴 Red filter = bearish pressure
🟡 Yellow filter = neutral
Upper & Lower Bands act as dynamic support/resistance zones
Smart Money Order Blocks (SMC)
Automatically detects important pivot highs & lows
Marks:
OB High → supply / resistance zone
OB Low → demand / support zone
Continuously tracks latest OB levels for live price interaction
Fibonacci Engine
Detects the current swing zone and plots:
Retracement levels
0.236 – 0.382 – 0.500 – 0.618 – 0.786 (editable)
Extension targets
1.272 – 1.618
All levels update dynamically on new market structure and pivots.
SIGNAL ENGINE
This indicator generates signals from three independent confirmation systems:
BUY SIGNALS trigger when:
1. Trend flips bullish (price crosses above the Filter)
2.Bullish trend + price reacts near:
Order Block support
Fibonacci 0.382 / 0.618 levels
Bounce from the Lower Band with trend support
All setups require volume confirmation to filter fake breakouts.
SELL SIGNALS trigger when:
1. Trend flips bearish (price crosses below the Filter)
2. Bearish trend + price reacts near:
Order Block resistance
Fibonacci 0.382 / 0.618 levels
Rejection from the Upper Band with trend support
ALERTS READY
Two built-in alerts:
BUY Alert — fires on bullish signal
SELL Alert — fires on bearish signal
INPUT SETTINGS
Trend Engine
1.Source
2.Sampling Period
3.Range Multiplier
Smart Money
Pivot detection sensitivity (Left / Right bars)
Fibonacci
1.Swing lookback length
2.Editable Fib retracement and extension values
3.Toggle show/hide Fib levels
BEST USE CASE
Works extremely well on:
⏱️ 3M – 15M Intraday scalping
⏱️ 30M – 1H positional entries
⏱️ 4H – D1 swing trading
Tested on:
NIFTY / BANKNIFTY / FINNIFTY
Stocks
Crypto
Forex
DISCLAIMER
This indicator is for educational purposes only.
It does NOT guarantee profits.
Always use:
Proper risk management
Stop-loss rules
Your own confirmation before entering trades.
AUTHOR
Built & shared by @gyanapravah (Odisha, India)
Open-source for learning and community improvement.
RoseTree Golden BandsRoseTree Golden Bands
Overview
RoseTree Golden Bands is a volatility-based support indicator that uses Fibonacci ratios combined with Average True Range (ATR) to identify potential buy zones below price action.
How It Works
The indicator calculates a simple moving average (SMA) of the closing price, then subtracts ATR-based offsets using two key Fibonacci extensions (2.618 and 4.236) to create dynamic support bands that expand and contract with market volatility.
Components
Orange Line (Level 2) — SMA minus ATR × 2.618. Acts as the first support level and early warning zone.
Green Line (Buy Zone) — SMA minus ATR × 4.236. Represents deeper support where price has historically found strong buying interest.
BUY Signal — Triggers when the candle's low comes within 2% of the green line, alerting you to potential accumulation opportunities.
Settings
Length: Period for both SMA and ATR calculations (default: 20)
Fibonacci Ratio 2: Multiplier for the orange band (default: 2.618)
Fibonacci Ratio 3: Multiplier for the green buy zone (default: 4.236)
Usage
Look for BUY signals during pullbacks in an uptrend. The bands adapt to volatility, widening during turbulent markets and narrowing during consolidation. Best used alongside trend confirmation and volume analysis rather than as a standalone signal.
20 SMA Break FLOWThis script is a full 20-SMA breakout + R-multiple playbook with context:
20 SMA Channel: Plots a 20-period SMA High and Low, fills the channel between them for a clear visual “belt” around price.
Breakout Entries:
Long: waits for a bar to close above the 20 SMA High, then arms that bar’s high as the trigger.
A long entry signal prints when a later bar’s close is above that trigger high.
Short: mirror logic using the 20 SMA Low and trigger low.
Stops & R-Multiples: On entry it auto-sets stop at the opposite end of the trigger bar, calculates 1R/2R/3R price levels, and plots those lines on the chart.
R Labels & Info Panel: Draws “SL / 1R / 2R / 3R” labels at entry, and a top-right panel showing:
Current R (live P&L in R)
Entry & SL prices
Max R reached
Drawdown from peak R
ONH/ONL: Tracks and plots the overnight high and low from 18:00–09:29 as horizontal reference lines into RTH.
SHA Trend Filter: Adds smoothed Heikin-Ashi background coloring and optional SHA candles as a directional/volatility filter.
Alerts:
Long/short entry alerts when the close breaks the trigger bar high/low
Target alerts when 1R, 2R, or 3R are hit for either direction.
SIGMA 0.44📌 الشرح بالعربي:
اسم المؤشر: SIGMA 0.44
الوظيفة: يساعد المتداول على تحديد اتجاه السوق، مناطق الدخول والخروج، وأهداف السعر اليومية.
✅ المميزات:
تحديد جلسات السوق (افتتاح، أوروبا، أمريكا) مع مستويات دعم ومقاومة ديناميكية.
إشارات دخول مؤكدة.
رسم أهداف اليوم من نطاق الساعة الأولى.
رسم المتوسط 200 EMA لتحديد الاتجاه العام.
رسم خطوط افتتاح اليوم، وبعد ساعة، وبعد 4 ساعات لمراقبة حركة السعر.
🎯 الفائدة:
مؤشر متكامل يساعدك على تحليل السوق بدقة واتخاذ قرارات مدروسة باستخدام أدوات احترافية.
📌 English Summary:
Indicator Name: SIGMA 0.44
Purpose: Helps traders identify market direction, entry/exit zones, and daily price targets.
✅ Features:
Detects market sessions (Open, Europe, US) with dynamic support/resistance levels.
Provides confirmed entry signals.
Draws daily targets based on the first hour range.
Includes 200 EMA to define the overall trend.
Plots daily open line, +1 hour, and +4 hours to track price behavior.
🎯 Benefit:
A complete indicator that helps you analyze the market accurately and make informed trading decisions using professional tools.
⚠️ إخلاء المسؤولية:
هذا المؤشر لا يُعد توصية مباشرة للبيع أو الشراء، ولا يضمن الأرباح أو نتائج محددة.
الأداء السابق لا يعني بالضرورة أداءً مستقبليًا مماثلًا.
المستخدم هو المسؤول الوحيد عن قراراته الاستثمارية، وينبغي عليه دراسة السوق وتحليل المخاطر قبل الدخول في أي صفقة.
💰 إدارة رأس المال:
من الضروري الالتزام بإستراتيجية واضحة لإدارة رأس المال.
لا تخاطر بأكثر من 1-2٪ من رأس مالك في الصفقة الواحدة، واستخدم وقف الخسارة دائمًا.
التداول بدون خطة مالية مدروسة قد يؤدي إلى خسائر كبيرة، لذلك اجعل حماية رأس المال أولوية قبل البحث عن الأرباح.
⚠️ Disclaimer:
This indicator is not a direct buy or sell recommendation and does not guarantee profits or specific outcomes.
Past performance is not indicative of future results.
The user is solely responsible for their trading decisions and should perform their own market analysis and risk assessment before entering any trade.
💰 Capital Management:
It is essential to follow a clear risk management strategy.
Do not risk more than 1–2% of your total capital per trade, and always use a stop-loss.
Trading without a solid financial plan may lead to significant losses, so prioritize capital protection before seeking profits.
Prime Market Profile [xontrades1uae]
Automatic or custom tick calibration for gold, indices, or forex.
Highlighted POC, Value Area, and Initial Balance Range.
Smart visual clustering to detect congestion, breakout zones, and key volume nodes.
Compatible with short timeframes (1m–15m) for scalpers and day traders.
Auto Trend Channels OXEThis indicator automatically detects and draws trend channels based on swing highs and lows.
How it works:
It identifies pivot points (swing highs/lows) using your chosen lookback period, then connects consecutive pivots to form channels:
Descending channels connect lower highs (resistance line), with a parallel support line projected from the lowest low between those highs
Ascending channels connect higher lows (support line), with a parallel resistance line projected from the highest high between those lows
Key features:
Channels extend forward so you can see where price might interact with them
Broken channels automatically switch to dashed lines and show "✗" labels
Fill shading helps visualize the channel zone
Info table shows current pivot counts
Trading application:
You'd use this for identifying trend direction and potential reversal zones. Price bouncing off channel boundaries = continuation. Price breaking through = potential trend change or acceleration. The "break detection" highlighting makes it easy to spot when a channel has been invalidated.
The pivot length setting is your main control - higher values find longer-term, more significant channels; lower values catch shorter-term moves.
10% and 23.6% support bandsWhen a share is in momentum and showing lot of strength that relative strength it takes breather at 10% band from new 52 week high and and tends to consolidate at 23.6% from new 52 week high. This forms a higher low and gives opportunity to get in the rally. The volume bars should be taken into consideration as low volume and dry up at the bottom indicate reversal is coming. The stoploss for all entry is 1% below recent base low and entry pont is crossing of weekly high with greater than 20 days volume average.
20-Day VW Initial Balance (Simple) – Fixed & ProThis Pine Script calculates and displays a Volume-Weighted Initial Balance (VW-IB) for the New York trading session, and also computes a 20-day average Initial Balance range. It then plots both the current IB and the historical average IB band on the chart.
The script adapts the Initial Balance window using volume, rather than a fixed time, to better reflect true market participation.
⚔️ The Scalpel⚔️ THE SCALPEL v2.0
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Surgical-Grade Market Structure Detection System
🔬 WHAT IS THE SCALPEL?
The Scalpel is a precision-engineered market structure analyzer that identifies and tracks critical support and resistance zones with surgical accuracy. Unlike conventional S&R tools that flood your chart with noise, The Scalpel cuts through the clutter to reveal only the most significant price structures.
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⚙️ CORE TECHNOLOGY
▸ Pivot-Based Detection Engine
Advanced pivot analysis calibrated by user-defined precision settings
▸ Tissue Integrity Validation
Filters structures based on candle body-to-range ratios
▸ Dynamic Stress Analysis
Tracks zone interactions and removes exhausted levels automatically
▸ Volatility-Adaptive Zones
Zone width scales with ATR for consistent performance across all markets
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🎨 VISUAL SPECTRUM
💜 STERILE ZONES (Electric Violet)
Fresh, untested structures with maximum potential
🔴 COMPRESSION ZONES (Magenta Fire)
Tested resistance ceilings under selling pressure
🩵 FOUNDATION ZONES (Neon Teal)
Tested support floors with proven buyer interest
✨ PLASMA AURA EFFECT
Multi-layered glow effect for enhanced visibility
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📐 PARAMETERS
🔪 Blade Precision (1-10)
Higher = fewer but sharper pivots detected
🩺 Tissue Integrity % (30-90)
Minimum candle body percentage required
📏 Incision Depth (0.1-2.0 ATR)
Controls zone thickness based on volatility
💉 Stress Threshold (1-10)
Maximum touches before zone invalidation
📐 Projection Range (10-200)
How far zones extend into the future
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💡 HOW TO USE
1. Fresh sterile zones (violet) are your highest-probability setups
2. Watch for price reaction at zone boundaries
3. Tested zones confirm structure but may have diminished strength
4. Zones auto-remove after stress threshold is reached
5. Use projection range to anticipate future tests
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🎯 BEST FOR
✓ Scalping & Day Trading
✓ Swing Trade Entries
✓ Stop Loss Placement
✓ Take Profit Targeting
✓ Multi-Timeframe Analysis
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⚠️ DISCLAIMER
This indicator is for educational purposes only. Always conduct your own analysis and use proper risk management. Past performance does not guarantee future results.
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🏷️ TAGS
support resistance zones SNR pivot points market structure scalping day trading swing trading price action order blocks smart money supply demand technical analysis
Simulated Liquidation Heatmap [QuantAlgo]🟢 Overview
This indicator visualizes where clusters of stop-loss orders and liquidation levels are likely located, displayed as a 'heatmap'. It's based on the concept of market structure liquidity: large groups of stop orders tend to gather around obvious technical levels (like swing highs and lows), and these pools of orders often attract price movement from institutional traders. The indicator uses a fractal-based algorithm to identify these high-probability liquidation zones and displays them as dynamic, color-coded boxes.
The key feature is the thermal color gradient, which indicates the freshness (age) and therefore the relative relevance of the liquidity zone. Hot colors (e.g., Red/Yellow) represent fresh clusters that have just formed, suggesting strong and immediate liquidity interest. Cold colors (e.g., Blue/Purple) represent aged or decaying clusters that are becoming less relevant over time. This visualization allows traders to anticipate potential liquidity sweeps (stop hunts) and understand areas of significant retail and institutional positioning.
🟢 Key Features
1. Liquidity Zone Heatmap
The core function is the identification of swing high and swing low price points using a user-defined Lookback period. These points are where retail traders are statistically most likely to place their stop-loss orders. The indicator simulates the clustering of these orders by drawing a zone (box) around the detected swing point, with the vertical size controlled by the Stop/Liquidation Zone Width (%) setting.
▶ Cluster Lookback: Defines the sensitivity of swing point detection. Lower values detect frequent, minor zones (scalping/intraday); higher values detect major, stronger swing points (swing trading).
▶ Zone Width (%): Sets the percentage range above and below the swing point where stops are simulated to cluster, accounting for slippage and typical stop placement spread.
▶ Liquidity Decay: Zones gradually fade in color intensity and are eventually removed after the user-defined Liquidity Decay Period (Bars), ensuring the heatmap only displays relevant, current liquidity areas.
▶ Round Number Filter: An optional filter that limits the display to liquidity zones occurring only at psychologically significant round numbers (e.g., $100, $1,500.00), which typically attract higher concentrations of orders.
2. Thermal Color Gradient
The heatmap's color is a direct function of the zone's age, providing a visual proxy for immediate relevance.
▶ Freshness: Newly created zones are displayed in the Hot Color (high relevance).
▶ Decay: As bars pass, the zone color transitions along the gradient toward the Cold Color and increased transparency (lower relevance), until it is removed entirely.
▶ Color Schemes: Multiple pre-configured and custom color schemes are available to optimize the visualization for different chart themes and color preferences.
3. Liquidity Heat Thermometer
An optional visual thermometer is displayed on the chart to provide an instant, overall assessment of the current liquidation heat level in the immediate vicinity of the price.
▶ Calculation: The thermometer calculates an aggregate heat score based on the age and proximity of all liquidity zones within a user-defined Zone Detection Range (%) of the current price.
▶ Visual Feedback: A marker (triangle) points to the corresponding level on the thermometer's color gradient (Hot to Cold). A high reading indicates price is close to fresh, dense stop clusters, suggesting high volatility or an imminent liquidity sweep is probable. A low reading indicates price is in a low-density or aged liquidity area.
▶ Customization: The thermometer's resolution, position, and text size are fully customizable for optimal chart placement and readability.
🟢 Practical Applications
▶ Anticipate Sweeps: Prioritize trading in the direction of Hot (fresh) liquidity zones. For example, a hot low-side zone suggests strong sell-side liquidity (stop-losses) is available for large buyers to sweep.
▶ Filter Noise: Use the Round Number Filter to focus only on the highest probability liquidation zones, which are often at clean, psychological price levels.
▶ Validate Entries: Combine the Heat Thermometer with price action analysis. A rising heat level indicates increasing proximity to a major stop cluster, signaling a potential turn or an aggressive market move to sweep those stops.
▶ Risk Management: Understand that price often acts dynamically around these zones. High heat levels imply high risk/reward setups; stops should be placed strategically beyond the defined Liquidation Zone Width.
▶ Multi-Timeframe Context: Higher timeframes (e.g., Daily, 4-Hour) often reveal more significant, major liquidity zones. Use this indicator on lower timeframes (e.g., 5-min, 15-min) for execution, but prioritize zones that align with higher-timeframe structures.
