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Candlestick analysis

Intervalo de la confianza usando VWMA 5,10,14,55,90,200Varios Itervalos de Confianza usando VWMA -LOS QUE MANIPULAN LOS MERCADOS, ES COMPRAR DONDE LA VOLATILIDAD ES BAJA, NO HAY RUIDO. -DESPUES QUE COMPRAN, SU PROXIMO TRABAJO ES CREAR LA VARICIA=FOMO Y MANDAR UNA TARJETA DE INVITACION A LOS INVERSIONISTA MINORITARIOS. -DESPUES QUE LOS MINORISTA ENTRAN EN CONFIANZA Y VARICIA-FOMO,VENDEN LOS QUE MANIPULAN LOS MERCADOS -SU ULTIMA ETAPA ES VENDER MAS AGRESIVO PARA CREAR UN MIEDO=FUD Y DARLES EN EL CODO A LOS MINORISTAS PARA QUE SALGAN PERDIENDO. ESTE CICLOS SE REPITE EN LOS MERCADOS. Si las personas que operan los mercados tiene sintimentos donde el meido y la varicia entran en el juego de las inversiones y trade, entoces hay que medir como esta su miedo y varicia en diferentes temporaliades. Que es mejor mediar esta varicia y miedo usando Intervalo de la Confianza usando el VWMA . AHORA CON ESTA HERRAMIENTA Ustedes solo tiene que encontrar como esta esta el FOMO o FUD en diferentes temporalidades. Multiple Confidence Intervals Using VWMA - Market manipulators buy where volatility is low and there is no noise. - After they buy, their next step is to create volatility (FOMO) and send an invitation to retail investors. - Once retail investors gain confidence and experience volatility (FOMO), the market manipulators sell. - Their final stage is to sell more aggressively to create fear (FUD) and force retailers to lose money. This cycle repeats itself in the markets. If people who trade the markets experience feelings where fear and greed come into play in their investments and trading, then it's necessary to measure how their fear and greed manifest across different timeframes. What's the best way to measure this greed and fear using the Confidence Interval with the VWMA? NOW WITH THIS TOOL You only need to determine how FOMO or FUD manifests across different timeframes.
Indicateur Pine Script®
par ggsant20
Stock School IRL & ERLThis indicator is designed to help traders clearly identify liquidity levels on the chart using IRL (Internal Range Liquidity) and ERL (External Range Liquidity). Liquidity is where the market is attracted. Price does not move randomly — it moves from one liquidity pool to another. With this indicator, you can: • Visually mark IRL (internal liquidity resting inside the range) • Identify ERL (external liquidity above highs & below lows) • Understand where Smart Money targets stops • Anticipate liquidity sweeps, fake breakouts, and reversals • Improve entries, exits, and trade patience This tool helps you stop guessing and start reading market intent. Best used with: Price Action Market Structure Smart Money Concepts (SMC) Works across: Stocks • Indices • Forex • Crypto ⚠️ This indicator does not give buy/sell signals. It provides context, so you trade with logic, not emotions. If you understand liquidity, you understand where the market is going next.
Indicateur Pine Script®
par stockschoolindia
2
Cody Order Block FinderCody Order Block Finder Free Telegram Trading Community t.me Overview A professional order block detection indicator that identifies institutional supply and demand zones on any timeframe. This tool helps traders spot key reversal areas where institutional orders are likely placed, providing strategic levels for limit order entries. Key Features 🔍 Smart Order Block Detection Bullish Order Blocks: Identifies the last bearish candle before consecutive bullish candles Bearish Order Blocks: Identifies the last bullish candle before consecutive bearish candles Configurable Sensitivity: Adjust the number of consecutive candles required (1-50 periods) Minimum Move Filter: Set percentage threshold to filter only significant moves 🎨 Visual Customization Multiple Color Schemes: Choose from DARK, BRIGHT, or NEON themes Customizable Display: Show/hide bullish/bearish channels Line Extension: Extend OB lines to current bar for better visibility Historical View: Toggle between showing all historical OBs or only the latest ones 📊 Advanced Filtering OB Size Filter: Set minimum and maximum order block size as percentage of price ATR Filter: Filter OBs based on Average True Range multiples OB Strength Indicator: Color-coded OBs based on subsequent price move strength Wick/Body Selection: Choose to mark OBs using whole candle range or body only 🔔 Alert System Real-time Alerts: Get notified immediately when new order blocks form Customizable Messages: Set your own alert messages Once-per-OB Option: Prevent alert spam with single alert per OB 📈 Display Features Three-Line Channels: Shows high, low, and average levels for each OB Visual Shapes: Clear triangle markers above/below candles Info Panel: Displays latest OB statistics in a clean table format Data Window Info: View OB levels in TradingView's data window How to Use Setup Add indicator to your chart Configure periods (default: 5) - higher values = fewer but stronger OBs Set minimum % move (default: 0%) to filter significant moves Choose color scheme for your preference Trading Applications Limit Order Placement: Place buy limits at bullish OB lows, sell limits at bearish OB highs Stop Loss Reference: Set stops beyond OB extremes Reversal Confirmation: Use OBs as confluence with other indicators Support/Resistance: OB levels often act as future support/resistance Advanced Tips Combine with volume profile for higher probability zones Use on higher timeframes (4H, Daily) for more significant levels Look for OBs at key Fibonacci levels for added confluence Monitor price reactions when revisiting OBs Technical Details Programming Language: Pine Script v6 Overlay: Yes (draws directly on price chart) Max Lines: 500 (prevents chart clutter) Timeframe Compatibility: All timeframes (1min to Monthly) Market Compatibility: Forex, Stocks, Crypto, Futures Input Parameters Basic Settings Relevant Periods: Number of consecutive candles required (1-50) Min. Percent move: Minimum % move to validate OB (0.0-100.0) Color Scheme: DARK, BRIGHT, or NEON color themes Display Options Show latest Bullish/Bearish Channel: Toggle channel display Extend OB lines to right: Extend lines to current bar Show all historical OBs: Display all OBs or only latest Use whole range: Use High/Low or Open/Close for OB marking Advanced Filters Min/Max OB size (%): Filter by order block size Use ATR filter: Filter based on volatility Show OB Strength: Color code by subsequent move strength Alert Configuration Create alerts directly from the indicator by clicking "Create Alert" button on chart: Bullish OB alerts when green triangle appears Bearish OB alerts when red triangle appears Includes price and OB level information Best Practices Higher Timeframes First: Start on daily/4H to identify major levels Multiple Confluence: Combine with trend lines, Fibonacci, or moving averages Patience: Wait for price to return to OB levels for entries Risk Management: Always use appropriate position sizing and stops Support & Updates For updates and support, visit the script page. The indicator is regularly maintained for optimal performance across all markets and timeframes. Perfect for: Swing traders, position traders, institutional traders, and anyone looking to trade with the "smart money" flow using order flow concepts. Trading Styles: Works with all styles - scalping, day trading, swing trading, and investing. Experience Level: Suitable for beginners to advanced traders with clear visual cues and customizable settings.
Indicateur Pine Script®
par tonewayclothing
7
DAS Levels and BoxesTrading levels mainly used to trade MNQ Futures plus 1-Hour & 4-Hour price range boxes. I define the day trading range from 6:30AM PST to 1PM PST. I define the overnight range from midnight PST to 6:30AM PST. I define the futures market entire range as starting at 3PM PST going overnight and ending at 2PM PST the following day. The 1-hour box is for scalping and catching smaller moves and are more risky. Enter long or short trade upon 1-hour candle close above & below the mid-line, respectively. The 4-hour box is for catching larger moves and require more patience. Enter long or short trade upon 4-hour candle close above & below the mid-line, respectively. This is my first indicator so be patient. These are the lines and boxes that I use to trade so I thought it would save time to have them all present in one indicator. This is set up with Pacific Standard Time as default. I may need to adjust later for day light savings time. Levels include: Previous Day Low (PDL) Previous Day High (PDH) Overnight Low (ONL) Overnight High (ONH) Open AM Price Open PM Price
Indicateur Pine Script®
par videocheez
Candle Intelligence🔹 Candle Intelligence (IM-CI) Candle Intelligence (IM-CI) is a context-only intraday market behavior indicator designed to help traders understand how price is behaving, not where to buy or sell. This tool classifies individual candles, detects short-term behavioral patterns, and displays a non-blocking market state to improve decision awareness during live trading. ⚠️ IM-CI does NOT generate buy/sell signals.It is strictly intended for market context, confirmation, and study. 🔍 What This Indicator Does 🧠 Candle Intelligence Layer Each candle is classified based on volatility-adjusted behavior using ATR: Strong expansion candles Normal directional candles Weak / neutral candles These classifications are shown as compact candle codes (optional) to quickly read price behavior without clutter. 📐 Pattern Recognition (Context Only) IM-CI detects short, non-predictive behavioral patterns, such as: Compression Absorption Momentum bursts Distribution These patterns are displayed as soft zones, not signals, helping traders visually study how price reacts around key moments. Cooldown logic is used to prevent repetitive pattern noise. 🌐 Market State Engine The indicator continuously evaluates recent candle behavior and VWAP positioning to describe the current market condition, such as: Expansion Extended Distribution Balanced This state is shown in a small HUD panel and is designed to: Reduce emotional over-trading Identify unsuitable market conditions Improve alignment with higher-probability environments ⚙️ Key Features ATR-aware candle classification VWAP extension detection Timeframe-adaptive candle code visibility Non-repainting logic Clean, lightweight HUD panel Designed for intraday futures & index trading 🛠 How to Use Use IM-CI as a context filter, not a trigger Combine with your own execution system Avoid trading during Extended or unclear states Best suited for lower timeframes (1–5 min) ⚠️ Disclaimer This indicator is provided for educational and informational purposes only. It does not constitute financial advice and should not be used as a standalone trading system. All trading decisions remain the sole responsibility of the user.
Indicateur Pine Script®
par Market_Logic_India
QUARTERLY THEORY TRUE OPENSQUARTERLY THEORY TRUE OPENS Multi-cycle True Open indicator based on quarterly cycle theory, with precise cycle-begin termination logic. OVERVIEW TRUE OPENS (Cycle Q2) plots the True Open (Q2 open) across multiple market cycles and extends each level only until the next cycle begins. This mirrors how price actually respects quarterly structure: a True Open is relevant only within its active cycle. The indicator uses New York (exchange) time, is DST-aware, and relies on a 1-minute event engine to ensure accuracy and visibility across all intraday and higher timeframes — even when candle opens do not align with exact timestamps (e.g., 4H, Daily, Weekly charts). WHAT IS A TRUE OPEN? In quarterly cycle theory, each cycle is divided into four quarters (Q1–Q4). The Q2 opening price — the True Open — often acts as: A gravitational price level A premium/discount reference A mean price the market revisits during the cycle This indicator tracks those Q2 opens across Micro, Session, Daily, Weekly, Monthly, and Yearly cycles, while respecting each cycle’s actual beginning and end. CYCLES & DEFINITIONS All times are New York (Exchange Time). Micro Cycle True Opens (Q2): :22:30 and :52:30 Automatically rounded down on the 1-minute chart (:22, :52) Cycle Begins: 18:45, 19:30, 20:15, 21:00 Repeats every 45 minutes, anchored at 18:45 Session Cycle (6-Hour) True Opens (Q2): 19:30, 01:30, 07:30, 13:30 Cycle Begins: 18:00, 00:00, 06:00, 12:00 Daily Cycle True Open (Q2): 00:00 Cycle Begins: 18:00 Weekly Cycle True Open (Q2): Monday 18:00 Cycle Begins: Sunday 18:00 Monthly Cycle True Open (Q2): Second Monday of the month at 00:00 Cycle Begins: First Sunday of the month at 18:00 Yearly Cycle True Open (Q2): First weekday of April at 00:00 Cycle Begins: First Sunday of the year at 18:00 VISUAL LOGIC Each True Open is plotted as a horizontal dotted line The line: Starts exactly at the True Open candle Ends automatically when the next cycle begins When a cycle ends, its line is finalized (solid) Each cycle is handled independently Optional labels are placed just after the line end, aligned mid-right LABELS Optional, concise labels for clarity: TMSO — Micro True Open TSO — Session True Open TDO — Daily True Open TWO — Weekly True Open TMO — Monthly True Open TYO — Yearly True Open Text size is fully configurable (Tiny → Large). TIMEFRAME VISIBILITY (AUTO MODE) To keep charts clean and relevant, cycles auto-hide above sensible timeframes: Micro: ≤ 1-minute Session: ≤ 5-minute Daily: ≤ 15-minute Weekly: ≤ 1-hour Monthly: ≤ 4-hour Yearly: ≤ Weekly A Custom mode allows full manual control. TECHNICAL FEATURES Pine Script v6 No repainting No future leakage No bar-index assumptions DST-aware New York time handling 1-minute event engine ensures: Monthly levels appear on 4H charts Yearly levels appear correctly when history exists Performance-safe (no loops, no heavy arrays) HOW TO USE Use Micro & Session True Opens for precision intraday entries Use Daily & Weekly True Opens for bias and mean-reversion context Look for confluence when multiple True Opens align near the same price Respect cycle boundaries — once a cycle begins, its prior True Open loses relevance IMPORTANT NOTES Yearly True Opens require chart history that includes April Continuous contracts (e.g., ES1!, NQ1!) are recommended for futures Works on Forex, Futures, Indices, Crypto, and Stocks DISCLAIMER This indicator is for educational and informational purposes only. It does not constitute financial advice. Past performance is not indicative of future results. Always manage risk responsibly.
Indicateur Pine Script®
par DPS7991
PSP (Precision Swing Point - CIC SMT)PSP SMT – Correlation Stages Indicator The PSP SMT – Correlation Stages indicator is designed to identify Smart Money divergences (SMT) between correlated markets through a progressive, stage-based model. It visually classifies price behavior into correlation stages, helping traders detect early imbalance, confirmation, and distribution phases used by institutional participants. By comparing a primary asset with a correlated symbol, the indicator highlights loss of correlation, displacement, and confirmation signals, offering a structured framework to anticipate potential reversals or continuations within ICT-based market models. Ideal for traders who apply ICT concepts, intermarket analysis, and liquidity-based strategies, the PSP SMT enhances timing, context, and confidence in decision-making.
Indicateur Pine Script®
par Tradetonton090
3
Final Project Midpoint Package (4H / D / W) Layer 1This script runs based off of the higher timeframe candlesticks. (4HR and Daily) This strategy is simple and is based on your logic as well. I personally use all 5 strategies on one chart however those are being tested. As soon as you get it you will see allot on the screen , just open the setting and turn off the extra bands from the 4HR and the Daily. Fix your settings however you seem fit . Once the others are finished testing i will release those also. Will be adding updates as it progresses.
Indicateur Pine Script®
par Pr3z_
Crypto Professional Suite V2.0 [R2D2]Here is the complete professional documentation and strategy guide for your Crypto Pro Suite indicator. This guide is designed to help you install the tool correctly, understand its features, and utilize it to maximize your trading returns. Crypto Pro Suite: The Professional Crypto Trader's All-In-One Toolkit 1. Introduction The Crypto Pro Suite is a high-performance TradingView indicator designed to consolidate the five most critical technical analysis tools into a single, clean overlay. Instead of cluttering your screen with multiple sub-charts (panes), this suite integrates Moving Averages, Bollinger Bands, and Fibonacci Levels directly onto the price action. It transforms "oscillator" data (RSI and MACD) into actionable Buy/Sell signals on your candles and a real-time Status Dashboard. Key Features: Zero Clutter: No bottom panes required; maximizes screen real estate for price analysis. Real-Time Dashboard: Instant readout of Trend, RSI status, and MACD momentum. Dynamic Overlay: Indicators move fluidly with your candles. 2. Installation Instructions Follow these steps precisely to ensure the "Overlay" feature functions correctly. Clean Slate: If you have any previous version of this script on your chart, remove it now (click the 'X' next to the indicator name). Open Editor: Click the Pine Editor tab at the bottom of your TradingView screen. Paste Code: Delete any existing text and paste the Final Polished Script provided in the previous response. Save & Add: Click Save, then click Add to chart. Note: By adding it fresh, TradingView forces the script to lock onto the price candles rather than a separate pane. Verify: You should see colored lines (MAs, Bollinger Bands) directly on top of your candlesticks and a Dashboard in the top right. 3. Using the Script: Settings & Customization Access the settings by clicking the Gear Icon next to the indicator name. Dashboard: You can toggle the info panel On/Off or change its size (Tiny to Large) to fit your screen resolution. Toggle Control: Each of the 5 indicators has a "Show" checkbox. You can turn off noise (e.g., hide Bollinger Bands) when you only want to focus on Trend (MAs). Inputs: MAs: Defaults are 50/200 (Classic Golden Cross setup). RSI: Default is 14 length, 70/30 limits. Fibs: Default lookback is 200 bars. Increase this number to find Support/Resistance over a longer timeframe. 4. Maximizing Returns: Strategy & Examples To maximize returns, professionals do not use indicators in isolation. They look for Confluence—where multiple indicators signal the same direction simultaneously. A. Moving Averages (Trend Filter) The Setup: The script plots a Fast MA (Yellow) and Slow MA (Blue). Strategy: Golden Cross (Buy): When the Yellow line crosses above the Blue line. This signals the start of a long-term bull trend. Death Cross (Sell): When the Yellow line crosses below the Blue line. Pro Tip: Never go long (Buy) if price is significantly below the Blue (Slow) MA. B. Relative Strength Index (RSI) The Setup: Instead of a line graph, you will see labels on the candles: "RSI Buy" (Green) or "RSI Sell" (Red). Strategy: Mean Reversion: If you see an "RSI Sell" label, the asset is Overbought. This is often a signal to take profit, not necessarily to short. The Dip Buy: Look for an "RSI Buy" label occurring during a general uptrend (price above Slow MA). This indicates a healthy pullback that is ready to bounce. C. MACD (Momentum) The Setup: Green Triangles (Buy) and Red Triangles (Sell) appear above/below candles. Strategy: Trend Confirmation: Use MACD to confirm the Moving Average. If price crosses above the MA and you get a Green MACD Triangle, the breakout has high momentum and is likely to succeed. Exit Signal: If you are in a Long trade and see a Red MACD Triangle, momentum is fading. Consider tightening your stop-loss. D. Bollinger Bands (Volatility) The Setup: A shaded teal channel surrounding the price. Strategy: The Squeeze: When the bands get very narrow, a massive move is coming. Wait for the breakout. Walking the Bands: In a strong crypto bull run, price will hug the Upper Band. If price closes outside the band and then immediately closes inside it, it is a reversal signal (Sell). E. Fibonacci Retracement (Support/Resistance) The Setup: Dynamic horizontal lines (0%, 23.6%, 38.2%, 50%, 61.8%, 100%) based on recent highs/lows. Strategy: The Golden Pocket: The most powerful buy zone in crypto is between the 0.5 and 0.618 lines. Execution: If price falls to the 0.618 line and you see an "RSI Buy" or MACD Green Triangle appear at that exact level, this is a high-probability entry. 5. The "Perfect Trade" Example Putting it all together for maximum profit. Context: The Dashboard says "MA Trend: Bullish." Trigger: Price pulls back down and touches the 0.618 Fibonacci line. Confirmation 1: Price is also touching the Lower Bollinger Band (acting as dynamic support). Confirmation 2: An "RSI Buy" label appears on the candle. Action: BUY. Stop Loss: Place just below the 100% Fib line. Take Profit: Sell half at the 0% Fib line (recent high) and let the rest ride.
Indicateur Pine Script®
par R2D2_4Life
Anurag BN / Nifty Swing Master [FINAL - Clean Compile]This script is a complete Swing Trading System designed for Bank Nifty and Nifty 50 options. It operates directly on the Spot/Index chart but mathematically calculates the correct Option Strike (ATM/ITM) and estimates P&L in Rupees. It uses a Non-Repainting Daily Trend Filter combined with an Intraday Entry Trigger to find high-probability setups. What we are checking before giving a signal: For a CALL Option (Buy Signal): Daily Trend Alignment: The previous day's Daily EMA must be below the current price (indicating a Bullish macro trend). Intraday Crossover: The price must cross above the Intraday 20 EMA (the entry trigger). Volume Confirmation: (Optional) Volume must be higher than the 20-period Volume Moving Average to ensure momentum. Session Filter: The trade must occur within the specified trading hours (09:15 - 15:00) to avoid opening/closing volatility. For a PUT Option (Sell Signal): Daily Trend Alignment: The previous day's Daily EMA must be above the current price (indicating a Bearish macro trend). Intraday Crossunder: The price must cross below the Intraday 20 EMA (the entry trigger). Volume Confirmation: (Optional) Volume must be higher than the 20-period Volume Moving Average. Session Filter: The trade must occur within the specified trading hours. Key Features: Strike Selection: Automatically displays the correct ATM/ITM Strike (e.g., "BUY 48200 CE"). Live Dashboard: Shows Real-time P&L (in Points and ₹), Entry Price, Strike, and Trade Status. Risk Management: Plots fixed Stop Loss (1.5x ATR) and Target (2x Risk) lines on the chart that do not move during the trade. Auto-Breakeven: Optionally moves Stop Loss to entry price after the trade moves 1R in profit.
Indicateur Pine Script®
par anu_tarang
1
Chainbey Ai - Liquidity Zones (Pivot Sweeps) - Chain Style📌 Indicator Description Chainbey Ai – Liquidity Zones (Pivot Sweeps) – Chain Style This indicator automatically identifies and visualizes liquidity zones on the chart based on confirmed swing highs and lows, helping traders spot areas where stop-loss clusters, institutional interest, and liquidity grabs are likely to occur. Unlike simple pivot markers, this script draws true liquidity zones (price areas, not single lines) and tracks when price sweeps those zones — a common behavior before strong reversals or continuations. The indicator is designed to stay stable when switching pairs or timeframes, using time-anchored zones for reliable positioning across all markets. 🔍 Key Features Buy-Side Liquidity Zones Marked above swing highs (potential stop-loss pools) Sell-Side Liquidity Zones Marked below swing lows Liquidity Sweep Detection Highlights when price grabs liquidity using wick or close Zone Strength Filters ATR-based swing size filtering Optional volume confirmation Cooldown logic to reduce clutter Time-Anchored Zones Zones remain aligned when switching symbols or timeframes Highly Customizable Control pivot strength, zone size, filters, and visibility Works on All Markets Crypto, Forex, Indices, Commodities, Stocks 🧠 How to Use Trend Continuation Look for price to sweep liquidity and continue in trend direction Reversal Setup Liquidity sweep + rejection can signal potential reversals Confluence Tool Combine with trend, RSI, MACD, structure, or volume analysis Risk Management Liquidity zones can act as logical SL/TP reference areas ⚠️ This is a market structure & liquidity tool, not a buy/sell signal generator. Always use confirmation before entering trades. ⚙️ Recommended Settings (BTC 30m) Pivot Length: 9–12 Min Swing Size (ATR): 1.5 – 2.5 Cooldown Bars: 30 – 50 Max Active Zones: 15 – 20 Volume Filter: Optional (1.2 – 1.4x)
Indicateur Pine Script®
par msurubel1
1
Market Structure MTF [HH/HL/LH/LL + CHoCH + BOS]Automatic market structure detection with pivot classification (HH/HL/LH/LL), Change of Character (CHoCH) and Break of Structure (BOS) signals. Multi-timeframe support allows overlaying higher timeframe structure on any chart. █ OVERVIEW This indicator automatically detects and classifies pivot points to visualize market structure. It identifies trend direction through the sequence of highs and lows, and signals potential reversals through Change of Character (CHoCH) and trend continuation through Break of Structure (BOS). █ CONCEPTS Market structure analysis is based on the relationship between consecutive pivot points: Bullish Structure: • HH (Higher High): A swing high that exceeds the previous swing high • HL (Higher Low): A swing low that stays above the previous swing low • Sequence: HH → HL → HH → HL confirms uptrend Bearish Structure: • LH (Lower High): A swing high that fails to exceed the previous swing high • LL (Lower Low): A swing low that breaks below the previous swing low • Sequence: LH → LL → LH → LL confirms downtrend Structure Shifts: • CHoCH (Change of Character): Signals when the expected sequence breaks, suggesting potential trend reversal • BOS (Break of Structure): Confirms trend continuation when price breaks a pivot level in trend direction █ FEATURES • Automatic pivot detection using configurable lookback period • Smart classification comparing each pivot to its predecessor • CHoCH detection when trend sequence is violated • BOS signals with anti-repetition filter to reduce noise in consolidation zones • Multi-Timeframe (MTF) support to display higher timeframe structure • Horizontal dashed lines marking HTF pivot levels • Clean visual output with color-coded labels █ SETTINGS Structure Settings: • Pivot Length: Number of bars on each side required to confirm a pivot (default: 5) - Lower values (2-3) = more sensitive, detects minor swings - Higher values (10-20) = less sensitive, only major structure Multi-Timeframe: • Show HTF Structure: Enable/disable higher timeframe overlay • HTF Timeframe: Select the higher timeframe to display (D, W, M, etc.) Visualization: • Show Local Structure: Toggle visibility of current timeframe pivots Filters: • BOS Buffer: Minimum bars between BOS signals to avoid repetition █ HOW TO USE The indicator offers three visualization modes: 1. LOCAL STRUCTURE ONLY (default) ├─ Show Local Structure: ✓ Enabled ├─ Show HTF Structure: ✗ Disabled └─ Use case: Analyze structure on the current timeframe only 2. HIGHER TIMEFRAME ONLY (recommended for clarity) ├─ Show Local Structure: ✗ Disabled ├─ Show HTF Structure: ✓ Enabled ├─ HTF Timeframe: Select desired TF (D, W, M) └─ Use case: View higher TF context on lower TF charts without clutter 3. BOTH TIMEFRAMES (advanced) ├─ Show Local Structure: ✓ Enabled ├─ Show HTF Structure: ✓ Enabled └─ Use case: See confluence between timeframes ⚠️ WARNING: This mode can make the chart visually crowded. Recommended only for experienced users who need both layers simultaneously. █ RECOMMENDED SETTINGS BY TIMEFRAME | Chart TF | Pivot Length | Suggested HTF | |----------|--------------|---------------| | 1H | 10-15 | 4H or D | | 4H | 5-10 | D or W | | 1D | 5-7 | W | | 1W | 3-5 | M | The goal is to make pivots on lower timeframes represent equivalent time context. █ VISUAL REFERENCE Local Structure Labels: • 🟩 Green (above): HH - Higher High • 🟥 Red (above): LH - Lower High • 🟩 Green (below): HL - Higher Low • 🟥 Red (below): LL - Lower Low • 🟧 Orange: CHoCH - Change of Character • 🟦 Blue: BOS - Break of Structure HTF Structure Labels: • 🩵 Teal: HH/HL - Bullish HTF structure • 🟫 Maroon: LH/LL - Bearish HTF structure • 🟨 Yellow: CHoCH - HTF trend shift • 🟦 Navy: BOS - HTF structure break • ┈┈ Dashed lines mark HTF pivot price levels █ INTERPRETATION GUIDELINES Reading the sequence: • Consistent HH + HL = Bullish bias, look for long opportunities • Consistent LH + LL = Bearish bias, look for short opportunities • CHoCH after trending sequence = Potential reversal, exercise caution • BOS in trend direction = Trend continuation confirmed Combining timeframes: • HTF structure defines the primary bias • Local structure provides entry timing • Confluence (both TFs aligned) = Higher probability setups █ LIMITATIONS • Pivots are confirmed with a delay equal to the Pivot Length parameter • In ranging markets, multiple CHoCH signals may appear (this is correct behavior - the market IS changing direction frequently) • CHoCH signals potential reversal, not guaranteed reversal • Works best on liquid markets with clean price action █ TECHNICAL NOTES • Uses ta.pivothigh() and ta.pivotlow() for pivot detection • request.security() fetches higher timeframe data • Anti-repetition logic prevents BOS signal clustering in consolidation • All crossover/crossunder calculations are performed at global scope for consistency (Pine Script v6 compliance) █ CREDITS Developed for swing traders and position traders who use market structure for trend analysis and trade timing. Feedback and suggestions are welcome.
Indicateur Pine Script®
par JuanDeNogoya
2