Commencez

D-VWAP

DayFlow VWAP Relay Forex Majors StrategySummary in one paragraph DayFlow VWAP Relay is a day-trading strategy for major FX pairs on intraday timeframes, demonstrated on EURUSD 15 minutes. It waits for alignment between a daily anchored VWAP regime check, residual percentiles, and lower-timeframe micro flow before suggesting trades. The originality is the fusion of daily VWAP residual percentiles with a live micro-flow score from 1 minute data to switch between fade and breakout behavior inside the same session. Add it to a clean chart and use the markers and alerts. Scope and intent • Markets: Major FX pairs such as EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, USDCAD • Timeframes: One minute to one hour • Default demo in this publication: EURUSD on 15 minutes • Purpose: Reduce false starts by acting only when context, location and micro flow agree • Limits: This is a strategy. Orders are simulated on standard candles only Originality and usefulness • Core novelty: Residual percentiles to daily anchored VWAP decide “balanced versus expanding day”. A separate 1 minute micro-flow score confirms direction, so the same model fades extremes in balance and rides range breaks in expansion • Failure modes addressed: Chop fakeouts and unconfirmed breakouts are filtered by the expansion gate and micro-flow threshold • Testability: Every input is exposed. Bands, background regime color, and markers show why a suggestion appears • Portable yardstick: Stops and targets are ATR multiples converted to ticks, which transfer across symbols • Open source status: No reused third-party code that requires attribution Method overview in plain language The day is anchored with a VWAP that updates from the daily session start. Price minus VWAP is the residual. Percentiles of that residual measured over a rolling window define location extremes for the current day. A regime score compares residual volatility to price volatility. When expansion is low, the day is treated as balanced and the model fades residual extremes if 1 minute micro flow points back to VWAP. When expansion is high, the model trades breakouts outside the VWAP bands if slope and micro flow agree with the move. Base measures • Range basis: True Range smoothed by ATR for stops and targets, length 14 • Return basis: Not required for signals; residuals are absolute price distance to VWAP Components • Daily Anchor VWAP Bands. VWAP with standard-deviation bands. Slope sign is used for trend confirmation on breakouts • Residual Percentiles. Rolling percentiles of close minus VWAP over Signal length. Identify location extremes inside the day • Expansion Ratio. Standard deviation of residuals divided by standard deviation of price over Signal length. Classifies balanced versus expanding day • Micro Flow. Net up minus down closes from 1 minute data across a short span, normalized to −1..+1. Confirms direction and avoids fades against pressure • Session Window optional. Restricts trading to your configured hours to avoid thin periods • Cooldown optional. Bars to wait after a position closes to prevent immediate re-entry Fusion rule Gating rather than weighting. First choose regime by Expansion Ratio versus the Expansion gate. Inside each regime all listed conditions must be true: location test plus micro-flow threshold plus session window plus cooldown. Breakouts also require VWAP slope alignment. Signal rule • Long suggestion on balanced day: residual at or below the lower percentile and micro flow positive above the gate while inside session and cooldown is satisfied • Short suggestion on balanced day: residual at or above the upper percentile and micro flow negative below the gate while inside session and cooldown is satisfied • Long suggestion on expanding day: close above the upper VWAP band, VWAP slope positive, micro flow positive, session and cooldown satisfied • Short suggestion on expanding day: close below the lower VWAP band, VWAP slope negative, micro flow negative, session and cooldown satisfied • Positions flip on opposite suggestions or exit by brackets What you will see on the chart • Markers on suggestion bars: L for long, S for short • Exit occurs on reverse signal or when a bracket order is filled • Reference lines: daily anchored VWAP with upper and lower bands • Optional background: teal for balanced day, orange for expanding day Inputs with guidance Setup • Signal length. Residual and regime window. Typical 40 to 100. Higher smooths, lower reacts faster Micro Flow • Micro TF. Lower timeframe used for micro flow, default 1 minute • Micro span bars. Count of lower-TF bars. Typical 5 to 20 • Micro flow gate 0..1. Minimum absolute flow. Raising it demands stronger confirmation and reduces trade count VWAP Bands • VWAP stdev multiplier. Band width. Typical 0.8 to 1.6. Wider bands reduce breakout frequency and increase fade distance • Expansion gate 0..3. Threshold to switch from fades to breakouts. Raising it favors fades, lowering it favors breakouts Sessions • Use session filter. Enable to trade only inside your window • Trade window UTC. Default 07:00 to 17:00 Risk • ATR length. Stop and target basis. Typical 10 to 21 • Stop ATR x. Initial stop distance in ATR multiples • Target ATR x. Profit target distance in ATR multiples • Cooldown bars after close. Wait bars before a new entry • Side. Both, long only, or short only View • Show VWAP and bands • Color bars by residual regime Properties visible in this publication • Initial capital 10000 • Base currency Default • request.security uses lookahead off everywhere • Strategy: Percent of equity with value 3. Pyramiding 0. Commission cash per order 0.0001 USD. Slippage 3 ticks. Process orders on close ON. Bar magnifier ON. Recalculate after order is filled OFF. Calc on every tick OFF. Using standard OHLC fills ON. Realism and responsible publication No performance claims. Past results never guarantee future outcomes. Fills and slippage vary by venue. Shapes can move while a bar forms and settle on close. Strategies must run on standard candles for signals and orders. Honest limitations and failure modes High impact news, session opens, and thin liquidity can invalidate assumptions. Very quiet days can reduce contrast between residuals and price volatility. Session windows use the chart exchange time. If both stop and target are touched within a single bar, TradingView’s standard OHLC price-movement model decides the outcome. Expect different behavior on illiquid pairs or during holidays. The model is sensitive to session definitions and feed time. Past results never guarantee future outcomes. Legal Education and research only. Not investment advice. You are responsible for your decisions. Test on historical data and in simulation before any live use. Use realistic costs.
Stratégie Pine Script®
par exlux
VWAP Composites📊 VWAP Composite - Advanced Multi-Period Volume Weighted Average Price Indicator ═══════════════════════════════════════════════════════════════════ 🎯 OVERVIEW VWAP Composite is an advanced volume-weighted average price (VWAP) indicator that goes beyond traditional single-period VWAP calculations by offering composite multi-period analysis and unprecedented customization. This indicator solves a common problem traders face: traditional VWAP resets at arbitrary intervals (session start, day, week), but significant price action and volume accumulation often spans multiple periods. VWAP Composite allows you to anchor VWAP calculations to any timeframe—or combine multiple periods into a single composite VWAP—giving you a true representation of average price weighted by volume across the exact periods that matter to your analysis. ═══════════════════════════════════════════════════════════════════ ⚙️ HOW IT WORKS - CALCULATION METHODOLOGY 📌 CORE VWAP CALCULATION The indicator calculates VWAP using the standard volume-weighted formula: • Typical Price = (High + Low + Close) / 3 • VWAP = Σ(Typical Price × Volume) / Σ(Volume) This calculation is performed across user-defined time periods, ensuring each bar's contribution to the average is proportional to its trading volume. 📌 STANDARD DEVIATION BANDS The indicator calculates volume-weighted standard deviation to measure price dispersion around the VWAP: • Variance = Σ / Σ(Volume) • Standard Deviation = √Variance • Upper Band = VWAP + (StdDev × Multiplier) • Lower Band = VWAP - (StdDev × Multiplier) These bands help identify overbought/oversold conditions relative to the volume-weighted mean, with high-volume price excursions having greater impact on band width than low-volume moves. 📌 COMPOSITE PERIOD METHODOLOGY (Auto Mode) Unlike traditional VWAP that resets at fixed intervals, Auto Mode creates composite VWAPs by combining the current period with N previous periods: • Period Span = 1: Current period only (standard VWAP behavior) • Period Span = 2: Current period + 1 previous period combined • Period Span = 3: Current period + 2 previous periods combined • And so on... Example: A 3-period Weekly composite VWAP calculates from the start of 2 weeks ago through the current week's end, creating a single VWAP that represents 21 days of continuous price and volume data. This provides context about where price stands relative to the volume-weighted average over multiple weeks, not just the current week. ═══════════════════════════════════════════════════════════════════ 🔧 KEY FEATURES & ORIGINALITY ✅ DUAL OPERATING MODES 1️⃣ MANUAL MODE (5 Independent VWAPs) Define up to 5 separate VWAP calculations with custom start/end times: • Perfect for anchoring VWAP to specific events (earnings, Fed announcements, major reversals) • Each VWAP has independent color settings for lines and deviation band backgrounds • Individual control over calculation extension and visual extension (explained below) • Useful for tracking multiple institutional accumulation/distribution zones simultaneously 2️⃣ AUTO MODE (Composite Period VWAP) Automatically calculates VWAP across combined time periods: • Supported periods: Daily, Weekly, Monthly, Quarterly, Yearly • Configurable period span (1-20 periods) • Always up-to-date, recalculates on each new bar • Ideal for systematic analysis across consistent timeframes ✅ DUAL EXTENSION SYSTEM (Manual Mode Innovation) Most VWAP indicators only offer "on/off" for extending calculations. This indicator provides two distinct extension options: 🔹 EXTEND CALCULATION TO CURRENT BAR When enabled, continues including new bars in the VWAP calculation after the defined end time. The VWAP value updates dynamically as new volume enters the market. Use case: You anchored VWAP to a major low 3 weeks ago. You want the VWAP to continue evolving with new volume data to track ongoing institutional positioning. 🔹 EXTEND VISUAL LINE ONLY When enabled (and calculation extension is disabled), projects the "frozen" VWAP value forward as a reference line. The VWAP value remains fixed at what it was at the end time, but the line and deviation bands visually extend to current price. Use case: You want to see how price is behaving relative to the VWAP that existed at a specific point in time (e.g., "Where is price now vs. the 5-day VWAP that existed at last Friday's close?"). This dual system gives you unprecedented control over whether you're tracking a "living" VWAP that incorporates new data or using historical VWAP levels as static reference points. ✅ CUSTOMIZABLE STANDARD DEVIATION BANDS • Adjustable multiplier (0.1 to 5.0) • Independent background colors with opacity control for each VWAP • Dashed band lines for easy visual distinction from main VWAP • Bands extend when visual extension is enabled, maintaining zone visibility ✅ COMPREHENSIVE LABELING SYSTEM Each VWAP displays: • Current VWAP value • Upper deviation band value (High) • Lower deviation band value (Low) • Extension status indicator (Calc Extended / Visual Extended) • Color-coded for quick identification ═══════════════════════════════════════════════════════════════════ 📖 HOW TO USE THIS INDICATOR 🎯 SCENARIO 1: EVENT-ANCHORED VWAP (Manual Mode) Use case: A stock gaps down 15% on earnings and you want to track where institutions are positioning during the recovery. Setup: 1. Switch to Manual Mode 2. Enable VWAP 1 3. Set Start Time to the earnings gap bar 4. Set End Time to current time (or leave far in future) 5. Enable "Extend Calculation to Current Bar" 6. Watch how price respects the VWAP as a dynamic support/resistance Interpretation: • Price above VWAP = buyers in control since the event • Price testing VWAP from above = potential support • Volume-weighted standard deviation bands show normal price range • Price outside bands = potential exhaustion/mean reversion setup 🎯 SCENARIO 2: MULTI-WEEK INSTITUTIONAL ACCUMULATION ZONE (Auto Mode) Use case: You trade swing setups and want to identify where institutions have been accumulating over the past 3 weeks. Setup: 1. Switch to Auto Mode 2. Select "Weekly" period type 3. Set Period Span to 3 4. Enable standard deviation bands Interpretation: • 3-week composite VWAP shows the true average institutional entry • Price bouncing off VWAP repeatedly = strong support (institutions defending their average) • Price breaking below VWAP on high volume = potential distribution • Deviation bands contracting = consolidation; expanding = volatility increase 🎯 SCENARIO 3: COMPARING MULTIPLE TIME HORIZONS (Manual Mode) Use case: You want to see short-term vs medium-term vs long-term VWAP alignments. Setup: 1. Switch to Manual Mode 2. VWAP 1: Last 5 trading days (blue) 3. VWAP 2: Last 10 trading days (orange) 4. VWAP 3: Last 20 trading days (purple) 5. Enable "Extend Calculation" for all 6. Set different background colors for visual separation Interpretation: • All VWAPs aligned upward = strong trend across all timeframes • Price between VWAPs = finding equilibrium between different trader timeframes • Short-term VWAP crossing long-term VWAP = momentum shift • Price rejecting at higher-timeframe VWAP = that timeframe's traders defending their average 🎯 SCENARIO 4: HISTORICAL VWAP REFERENCE LEVELS (Manual Mode) Use case: You want to see where the 1-month VWAP was at each month-end as static reference levels. Setup: 1. Switch to Manual Mode 2. VWAP 1: Set to last month's start/end dates 3. VWAP 2: Set to 2 months ago start/end dates 4. VWAP 3: Set to 3 months ago start/end dates 5. Disable "Extend Calculation" 6. Enable "Extend Visual Line Only" Interpretation: • Each VWAP represents the volume-weighted average for that complete month • These become static support/resistance levels • Price returning to old monthly VWAPs = institutional memory/gap fill behavior • Useful for identifying longer-term value areas ═══════════════════════════════════════════════════════════════════ 🎨 CUSTOMIZATION OPTIONS GENERAL SETTINGS • Show/hide labels • Line style: Solid, Dashed, or Dotted • Standard deviation multiplier (impacts band width) • Toggle standard deviation bands on/off MANUAL MODE (Per VWAP) • Custom start and end times • Line color picker • Background color picker (with transparency control) • Extend calculation option • Extend visual option • Show/hide individual VWAPs AUTO MODE • Period type selection (Daily/Weekly/Monthly/Quarterly/Yearly) • Period span (1-20 periods) • Line color • Background color (with transparency control) ═══════════════════════════════════════════════════════════════════ 💡 TRADING APPLICATIONS ✓ Mean Reversion: Use deviation bands to identify stretched prices likely to return to VWAP ✓ Trend Confirmation: Price sustained above VWAP = bullish bias; below = bearish bias ✓ Support/Resistance: VWAP often acts as dynamic S/R, especially on higher volume periods ✓ Institutional Positioning: Multi-day/week VWAPs show where large players have established positions ✓ Entry Timing: Wait for pullbacks to VWAP in trending markets ✓ Stop Placement: Use VWAP ± standard deviation as volatility-adjusted stop levels ✓ Breakout Confirmation: Breakouts from consolidation with price reclaiming VWAP = stronger signal ✓ Multi-Timeframe Analysis: Compare short vs long-period VWAPs to gauge momentum alignment ═══════════════════════════════════════════════════════════════════ ⚠️ IMPORTANT NOTES • The indicator redraws on each bar to maintain accurate visual representation (uses `barstate.islast`) • Maximum lookback is limited to 5000 bars for performance optimization • Time range calculations work across all timeframes but are most effective on intraday to daily charts • Standard deviation bands assume volume-weighted distribution; extreme events may violate assumptions • Auto mode always calculates to current bar; use Manual mode for fixed historical periods ═══════════════════════════════════════════════════════════════════ This indicator is open-source. Feel free to examine the code, learn from it, and adapt it to your needs.
Indicateur Pine Script®
par benb1122
BankNifty Etharia Aggresive Buyer / SellerOverview Professional intraday trading strategy for BankNifty Futures that identifies high-probability setups by combining multiple technical indicators. Works in BOTH directions - LONG and SHORT. Best Timeframe: 5-Minute Chart Key Features: ✅ Multi-Confluence Entry System - All indicators must align for signal ✅ Bidirectional Trading - Captures both uptrends and downtrends ✅ Advanced Risk Management - Daily loss limits, consecutive loss protection ✅ Smart Exit System - Partial profit taking + trailing stops ✅ Session-Based Trading - Avoids opening and closing volatility Entry Logic: LONG Signals: Price above Kernel Regression (trend confirmation) Price above VWAP with positive slope (momentum) Cumulative Volume Delta bullish (buying pressure) Volume spike or increasing volume (strength confirmation) Strong bullish candle with 60%+ body ratio RSI filter to avoid overbought entries SHORT Signals: Price below Kernel Regression (downtrend confirmation) Price below VWAP with negative slope (bearish momentum) CVD bearish (selling pressure dominates) High volume confirmation Strong bearish candle pattern RSI filter to avoid oversold entries Exit Management: 🎯 Target 1: 1.5 R:R (50% position exit) 🎯 Target 2: 2.5 R:R (full exit) 🛡️ Stop Loss Options: ATR-based, Swing-based, or Fixed 🟡 Trailing Stop: Activates after 1.2 R:R, trails at 0.8 R:R ⏰ Time-Based Exit: Closes all positions 5 mins before session end Risk Controls: Maximum trades per day (default: 5) Consecutive loss limit (default: 2) Daily loss limit: 2.5% of capital Daily profit target: 5% (stops trading when reached) Position sizing based on account risk percentage Recommended Settings: Asset: BankNifty Futures (NSE:BANKNIFTY1!) Timeframe: 5-minute Initial Capital: ₹1,00,000 Risk per trade: 1% Commission: 0.05% Slippage: 5 points Performance Expectations: Win Rate: 55-65% Profit Factor: 1.5-2.0 Average Trades/Day: 3-8 Risk:Reward: 1:1.8 average Customizable Parameters: Trading direction (Long Only / Short Only / Both) Indicator lengths and thresholds Stop loss type and targets Risk management limits Trading session hours Best For: Intraday traders seeking systematic, rule-based entries with strong confluence, proper risk management, and the ability to profit from both bullish and bearish market conditions.
Stratégie Pine Script®
par Diamondhands1212
Statistical Price Deviation Index (MAD/VWMA)SPDI is a statistical oscillator designed to detect potential price reversal zones by measuring how far price deviates from its typical behavior within a defined rolling window. Instead of using momentum or moving averages like traditional indicators, SPDI applies robust statistics - a rolling median and Mean Absolute Deviation (MAD) - to calculate a normalized measure of price displacement. This normalization keeps the output bounded (from −1 to +1 by default), producing a stable and consistent oscillator that adapts to changing volatility conditions. The second line in SPDI uses a Volume-Weighted Moving Average (VWMA) instead of a simple price median. This creates a complementary oscillator showing statistically weighted deviations based on traded volume. When both oscillators align in their extremes, strong confluence reversal signals are generated. How It Works For each bar, SPDI calculates the median price of the last N bars (default 100). It then measures how far the current bar’s midpoint deviates from that rolling median. The Mean Absolute Deviation (MAD) of those distances defines a “normal” range of fluctuation. The deviation is normalized and compressed via a tanh mapping, keeping the oscillator in fixed boundaries (−1 to +1). The same logic is applied to the VWMA line to gauge volume-weighted deviations. How to Use The blue line (Price MAD) represents pure price deviation. The green line (VWMA Disp) shows the volume-weighted deviation. Overbought (red) zones indicate statistically extreme upward deviation -> potential short-term overextension. Oversold (green) zones indicate statistically extreme downward deviation -> potential rebound area. Confluence signals (both lines hitting the same extreme) often mark strong reversal points. Settings Tips Lookback length controls how much historical data defines “normal” behavior. Larger = smoother, smaller = more sensitive. Smoothing (RMA length) can reduce noise without changing the overall statistical logic. Output scale can be set to either −1..+1 or 0..100, depending on your visual preference. Alerts and color fills are fully customizable in the Style tab. Summary: SPDI transforms raw price and volume data into a statistically bounded deviation index. When both Price MAD and VWMA Disp reach joint extremes, it highlights probable market turning points - offering traders a clean, data-driven way to spot potential reversals ahead of time.
Indicateur Pine Script®
par exploretranspose
VWAP Retest + EMA9 Cross + Candle Pattern V2📈 VWAP Retest + EMA9 Cross + Candle Pattern Strategy_V2 Setup: This intraday momentum strategy combines 3 core elements: • VWAP Retest: Price retests VWAP within a small buffer zone • EMA9 Crossover: EMA9 crosses above VWAP within the last 3 bars • Bullish Candle Pattern: At least one bullish signal — Hammer, Engulfing, or Momentum candle A trade is triggered only during the US morning session (9:30–12:30 EST) and only if price is above yesterday’s high, suggesting strong momentum. ⚙️ Strategy Settings • Initial Capital: $100,000 • Position Sizing: 10% of equity per trade • Commission: 0.03% per trade • Slippage: 1 tick • Take Profit: +3% from entry • Stop Loss: 0.5% below VWAP at entry • Forced Exit: 1:00 PM EST 📊 Strategy Logic • VWAP Retest Filter ensures entry is near a value zone. • EMA9 Cross Confirmation aligns short-term momentum with volume-weighted price. • Bullish Candle Patterns provide price action confirmation: ○ ✅ Hammer ○ ✅ Bullish Engulfing ○ ✅ Large momentum body • Above Yesterday’s High (YH) acts as a bullish bias filter. 🧪 Backtest Results (Jan 2023 – Oct 2025) • Total Trades: 120 • Win Rate: 52.5% • Profit Factor: 1.18 • Max Drawdown: 1.22% • Net P&L: +$1,064 (+1.06%) Due to chart data limits, only part of the period may be visible on publication charts. 🔍 Chart Visuals This strategy plots: • VWAP (white) and EMA9 (orange) • Candle pattern markers: ○ “H” = Hammer ○ “BE” = Bullish Engulfing ○ “M” = Momentum Candle • “SETUP” label when all conditions are met • YH/YL labels for context — previous day’s high/low 💡 Use Case This setup is designed for intraday momentum scalping, ideal for traders who: • Trade morning breakouts • Use VWAP as a dynamic support/resistance • Want clear, rule-based entries based on both trend and price action Educational and research use - not financial advice.
Stratégie Pine Script®
par lindittl
Pivot Regime Anchored VWAP [CHE] Pivot Regime Anchored VWAP — Detects body-based pivot regimes to classify swing highs and lows, anchoring volume-weighted average price lines directly at higher highs and lower lows for adaptive reference levels. Summary This indicator identifies shifts between top and bottom regimes through breakouts in candle body highs and lows, labeling swing points as higher highs, lower highs, lower lows, or higher lows. It then draws anchored volume-weighted average price lines starting from the most recent higher high and lower low, providing dynamic support and resistance that evolve with volume flow. These anchored lines differ from standard volume-weighted averages by resetting only at confirmed swing extremes, reducing noise in ranging markets while highlighting momentum shifts in trends. Motivation: Why this design? Traders often struggle with static reference lines that fail to adapt to changing market structures, leading to false breaks in volatile conditions or missed continuations in trends. By anchoring volume-weighted average price calculations to body pivot regimes—specifically at higher highs for resistance and lower lows for support—this design creates reference levels tied directly to price structure extremes. This approach addresses the problem of generic moving averages lagging behind swing confirmations, offering a more context-aware tool for intraday or swing trading. What’s different vs. standard approaches? - Baseline reference: Traditional volume-weighted average price indicators compute a running total from session start or fixed periods, often ignoring price structure. - Architecture differences: - Regime detection via body breakout logic switches between high and low focus dynamically. - Anchoring limited to confirmed higher highs and lower lows, with historical recalculation for accurate line drawing. - Polyline rendering rebuilds only on the last bar to manage performance. - Practical effect: Charts show fewer, more meaningful lines that start at swing points, making it easier to spot confluences with structure breaks rather than cluttered overlays from continuous calculations. How it works (technical) The indicator first calculates the maximum and minimum of each candle's open and close to define body highs and lows. It then scans a lookback window for the highest body high and lowest body low. A top regime triggers when the body high from the lookback period exceeds the window's highest, and a bottom regime when the body low falls below the window's lowest. These regime shifts confirm pivots only when crossing from one state to the other. For top pivots, it compares the new body high against the previous swing high: if greater, it marks a higher high and anchors a new line; otherwise, a lower high. The same logic applies inversely for bottom pivots. Anchored lines use cumulative price-volume products and volumes from the anchor bar onward, subtracting prior cumulatives to isolate the segment. On pivot confirmation, it loops backward from the current bar to the anchor, computing and storing points for the line. New points append as bars advance, ensuring the line reflects ongoing volume weighting. Initialization uses persistent variables to track the last swing values and anchor bars, starting with neutral states. Data flows from regime detection to pivot classification, then to anchoring and point accumulation, with lines rendered globally on the final bar. Parameter Guide Pivot Length — Controls the lookback window for detecting body breakouts, influencing pivot frequency and sensitivity to recent action. Shorter values catch more pivots in choppy conditions; longer smooths for major swings. Default: 30 (bars). Trade-offs/Tips: Min 1; for intraday, try 10–20 to reduce lag but watch for noise; on daily, 50+ for stability. Show Pivot Labels — Toggles display of text markers at swing points, aiding quick identification of higher highs, lower highs, lower lows, or higher lows. Default: true. Trade-offs/Tips: Disable in multi-indicator setups to declutter; useful for backtesting structure. HH Color — Sets the line and label color for higher high anchored lines, distinguishing resistance levels. Default: Red (solid). Trade-offs/Tips: Choose contrasting hues for dark/light themes; pair with opacity for fills if added later. LL Color — Sets the line and label color for lower low anchored lines, distinguishing support levels. Default: Lime (solid). Trade-offs/Tips: As above; green shades work well for bullish contexts without overpowering candles. Reading & Interpretation Higher high labels and red lines indicate potential resistance zones where volume weighting begins at a new swing top, suggesting sellers may defend prior highs. Lower low labels and lime lines mark support from a fresh swing bottom, with the line's slope reflecting buyer commitment via volume. Lower highs or higher lows appear as labels without new anchors, signaling possible range-bound action. Line proximity to price shows overextension; crosses may hint at regime shifts, but confirm with volume spikes. Practical Workflows & Combinations - Trend following: Enter longs above a rising lower low anchored line after higher low confirmation; filter with rising higher highs for uptrends. Use line breaks as trailing stops. - Exits/Stops: In downtrends, exit shorts below a higher high line; set aggressive stops above it for scalps, conservative below for swings. Pair with momentum oscillators for divergence. - Multi-asset/Multi-TF: Defaults suit forex/stocks on 1H–4H; on crypto 15M, shorten length to 15. Scale colors for dark themes; combine with higher timeframe anchors for confluence. Behavior, Constraints & Performance Closed-bar logic ensures pivots confirm after the lookback period, with no repainting on historical bars—live bars may adjust until regime shift. No higher timeframe calls, so minimal repaint risk beyond standard delays. Resources include a 2000-bar history limit, label/polyline caps at 200/50, and loops for historical point filling (up to current bar count from anchor, typically under 500 iterations). Known limits: In extreme gaps or low-volume periods, anchors may skew; lines absent until first pivots. Sensible Defaults & Quick Tuning Start with the 30-bar length for balanced pivot detection across most assets. For too-frequent pivots in ranges, increase to 50 for fewer signals. If lines lag in trends, reduce to 20 and enable labels for visual cues. In low-volatility assets, widen color contrasts; test on 100-bar history to verify stability. What this indicator is—and isn’t This is a structure-aware visualization layer for anchoring volume-weighted references at swing extremes, enhancing manual analysis of regimes and levels. It is not a standalone signal generator or predictive model—always integrate with broader context like order flow or news. Use alongside risk management and position sizing, not as isolated buy/sell triggers. Many thanks to LuxAlgo for the original script "McDonald's Pattern ". The implementation for body pivots instead of wicks uses a = max(open, close), b = min(open, close) and then highest(a, length) / lowest(b, length). This filters noise from the wicks and detects breakouts over/under bodies. Unusual and targeted, super innovative. Disclaimer The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context. Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved. By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk. Do not use this indicator on Heikin-Ashi, Renko, Kagi, Point-and-Figure, or Range charts, as these chart types can produce unrealistic results for signal markers and alerts. Best regards and happy trading Chervolino
Indicateur Pine Script®
par chervolino
ORBs, EMAs, SMAs, AVWAPThis is an update to a previously published script. In short the difference is the added capability to adjust the length of EMAs. Also added 3 customizable SMAs. Enjoy! Let me know what you think of the script please. This is only second one I have ever done. Through practice and people like @LuxAlgo and other Pinescripters this isn't possible. Tedious hrs with ChatGPT to correct nuances, who doesnt seem to learn from (insert pronoun) mistakes This all-in-one indicator combines key institutional tools into a unified framework for intraday and swing trading. Designed for traders who use multi-session analysis and dynamic levels, it automatically maps out global session breakouts, moving averages, and volume-weighted anchors with high clarity. Features include: 🕓 Tokyo, London, and New York ORBs (Opening Range Breakouts) — 30-minute configurable range boxes that persist until the next New York open. 📈 Anchored VWAP with Standard Deviation Bands — dynamically anchorable to session, week, or month for institutional-grade price tracking. 📊 Exponential Moving Averages (9, 20, 113, 200) — for short-, mid-, and long-term momentum structure. 📉 Simple Moving Averages (20, 50, 100) — fully customizable lengths, colors, and visibility toggles for trend confirmation. 🏁 Prior High/Low Levels (PDH/PDL, PWH/PWL, PMH/PML) — automatically plotted from previous day, week, and month, with labels placed at each session’s midpoint. 🎛️ Session-Aligned Time Logic — all time calculations use New York session anchors with DST awareness. 💡 Clean Visualization Options — every component can be toggled on/off, recolored, or customized for your workflow. Best used for: ORB break-and-retest setups VWAP and EMA rejections Confluence-based trading around key session levels Multi-session momentum tracking
Indicateur Pine Script®
par nh311009
1
PRO Scalper(EN) ## What it is **PRO Scalper** is an intraday price–action and liquidity map that helps you see where the market is likely to move **now**, not just where it has been. It combines five building blocks that professional scalpers often watch together: 1. **Session Volume-Weighted Average Price (VWAP)** — the intraday “fair value” anchor. 2. **Opening Range** — the first minutes of the session that set the day’s balance. 3. **Trend filter** — higher-timeframe bias using **Exponential Moving Averages (EMA)** and optional **Average Directional Index (ADX)** strength. 4. **Two independent Supply/Demand zone engines** — zones are drawn from confirmed swing pivots, with midlines and **touch counters**. 5. **Order-flow style visuals**: * **Delta bubbles** (green/red circles) show where buying or selling pressure was unusually strong, using a safe **delta proxy** (no external feeds). * **Liquidity densities** (subtle rectangular bands) highlight clusters of large activity that often act as magnets or barriers and disappear when “eaten” by strong moves. This mix gives you a **complete intraday picture**: the mean (VWAP), the day’s initial balance (Opening Range), the higher-timeframe push (trend filter), the nearby fuel or brakes (zones), and the live pressure points (bubbles and densities). --- ## Why these components * **VWAP** tracks where the bulk of traded value sits. Price tends to rotate around it or accelerate away from it — a perfect compass for scalps. * **Opening Range** frames the early auction. Many intraday breaks, fades and retests start at its boundaries. * **EMA bias + ADX strength** separates trending conditions from chop, so you can keep only the zones that agree with the bigger push. * **Pivot-based zones (two pairs at once)** are simple, objective and fast. Midlines help with confirmations; touch counters quantify how many times the zone was tested. * **Bubbles and densities** add the “effort” layer: where the push appeared and where liquidity is concentrated. You see **where** a move is likely to continue or fail. Together they reduce ambiguity: **context + level + effort** — all on one screen. --- ## How it works (plain language) * **VWAP** resets each day and is calculated as the cumulative sum of typical price multiplied by volume divided by total volume. * **Opening Range** is either automatic (a multiple of your chart timeframe) or a manual number of minutes. While it is forming, the highest high and lowest low are captured and plotted as the range. * **Trend filter** * **EMA Fast** and **EMA Slow** define directional bias. * **ADX (optional)** adds “trend strength”: only when the Average Directional Index is above the chosen threshold do we treat the move as strong. You can source this from a higher timeframe. * **Zones** * There are **two independent pairs** of pivots at the same time (for example 10-left 10-right and 5-left 5-right). * Each detected pivot creates a **Supply** (from a swing high) or **Demand** (from a swing low) box. Box depth = **zone depth × Average True Range** for adaptive sizing; the boxes **extend forward**. * Midline (optional dashed line inside the box) is the “balance” of the zone. * **“Only in trend”** mode can hide boxes that go against the higher-timeframe bias. * The **touch counter** increases when price revisits the box. Labels show the pair name and the number of touches. * **Bubbles** * A safe **delta proxy** measures bar pressure (for example, range-weighted close vs open). * A **quantile filter** shows only unusually large pressure: choose lookback and percentile, and the script draws a circle sized by intensity (green = bullish pressure, red = bearish). * **Densities** * The script marks heavy activity clusters as **subtle bands** around price (depth = fraction of Average True Range). * If price **breaks** a density with volume above its moving average, the band **disappears** (“eaten”), which often precedes continuation. --- ## How to use — practical playbooks > Recommended chart: crypto or index futures, one to five minutes. Use **one hour** or **fifteen minutes** for the higher-timeframe bias. ### 1) Trend pullback scalp (continuation) 1. Enable **Only in trend** zones. 2. In an uptrend: wait for a pullback into a **Demand** zone that overlaps with VWAP or sits just below the Opening Range midpoint. 3. Look for **green bubbles** near the zone’s bottom or a fresh **density** under price. 4. Enter on a candle closing **back above the zone midline**. 5. Stop-loss: below the bottom of the zone or a small multiple of Average True Range. 6. Targets: previous swing high, Opening Range high, fixed risk multiples, or VWAP. Mirror the logic for downtrends using Supply zones, red bubbles and densities above price. ### 2) Reversion with liquidity sweep (fade) 1. Bias neutral or countertrend allowed. 2. Price **wicks through** a zone boundary (or an Opening Range line) and **closes back inside** the zone. 3. The bubble color often flips (absorption). 4. Enter toward the **inside** of the zone; stop beyond the sweep wick; first target = zone midline, second = opposite side of the zone or VWAP. ### 3) Opening Range break and retest 1. Wait for the Opening Range to complete. 2. A break with a large bubble suggests intent. 3. Look for a **retest** into a nearby zone aligned with VWAP. 4. Trade continuation toward the next zone or the session extremes. ### 4) Density “eaten” continuation 1. When a density band **disappears** on high volume, it often means the resting liquidity was consumed. 2. Trade in the direction of the break, toward the nearest opposing zone. --- ## Settings — quick guide **Core** * *ATR Length* — used for zone and density depths. * *Show VWAP / Show Opening Range*. * *Opening Range*: Auto (multiple of timeframe minutes) or Manual minutes. **Trend Filter** * *Mode*: Off, EMA only, or EMA with ADX strength. * *Use higher timeframe* and its value. * *EMA Fast / EMA Slow*, *ADX Length*, *ADX threshold*. * *Plot EMA filter* to display the moving averages. **Zones (two pairs)** * *Pivot A Left / Right* and *Pivot B Left / Right*. * *Zone depth × ATR*, *Extend bars*. * *Show zone midline*, *Only in trend zones*. * Labels automatically show the touch counters. **Bubbles** * *Show Bubbles*. * *Quantile lookback* and *Quantile percent* (higher percent = stricter filter, fewer bubbles). **Densities** * *Metric*: absolute delta proxy or raw volume. * *Quantile lookback / percent*. * *Depth × ATR*, *Extend bars*, *Merge distance* (in ATR), * *Break condition*: volume moving average length and multiplier, * *Midline for densities* (optional dashed line). --- ## Tips and risk management * This script **does not use external order-flow feeds**. Delta is a **proxy** suitable for TradingView; tune quantiles per symbol and timeframe. * Do not trade every bubble. Combine **context (trend + VWAP + Opening Range)** with **level (zone)** and **effort (bubble/density)**. * Set stop-losses beyond the zone or at a fraction of Average True Range. Predefine risk per trade. * Backtest your rules with a strategy script before using real funds. * Markets differ. Parameters that work on Bitcoin may not transfer to low-liquidity altcoins or stocks. * Nothing here is financial advice. Scalping is high-risk; slippage and over-trading can quickly damage your account. --- ## What makes PRO Scalper unique * Two **independent** zone engines run in parallel, so you can see both **larger structure** and **fine intraday levels** at the same time. * Clean **“only in trend” rendering** — zones and midlines against the bias can be hidden, reducing clutter and hesitation. * **Touch counters** convert “feel” into numbers. * **Self-contained order-flow visuals** (bubbles and densities) that require no extra data sources. * Careful defaults: subtle colors for densities, clearer zones, and responsive auto Opening Range. --- (RU) ## Что это такое **PRO Scalper** — это индикатор для внутридневной торговли, который показывает **контекст и ликвидность прямо сейчас**. Он объединяет пять модулей, которыми профессиональные скальперы пользуются вместе: 1. **VWAP** — средневзвешенная по объему цена за сессию, «справедливая стоимость» дня. 2. **Opening Range** — первая часть сессии, задающая баланс дня. 3. **Фильтр тренда** — направление старшего таймфрейма по **экспоненциальным средним** и при желании по силе тренда **Average Directional Index**. 4. **Две независимые системы зон спроса/предложения** — зоны строятся от подтвержденных экстремумов (пивотов), имеют **среднюю линию** и **счетчик касаний**. 5. **Визуализация «ордер-флоу»**: * **Пузыри дельты** (зеленые/красные круги) — места повышенного покупательного/продажного давления, рассчитанные через безопасный **прокси-дельты**. * **Плотности ликвидности** (ненавязчивые прямоугольные ленты) — скопления объема, которые нередко притягивают цену или удерживают ее и исчезают, когда «разъедаются» сильным движением. Итог — **полная картинка момента**: среднее (VWAP), баланс дня (Opening Range), старшая сила (фильтр тренда), ближайшие уровни топлива/тормозов (зоны), текущие точки усилия (пузыри и плотности). --- ## Почему именно эти элементы * **VWAP** показывает, где сосредоточена стоимость; цена либо вращается вокруг него, либо быстро уходит — идеальный ориентир скальпера. * **Opening Range** фиксирует ранний аукцион — от его границ часто начинаются пробои, возвраты и ретесты. * **EMA + ADX** отделяют тренд от «пилы», позволяя оставлять на графике только зоны по направлению старшего таймфрейма. * **Зоны от пивотов** просты, объективны и быстры; средняя линия помогает подтверждать разворот, счетчик касаний переводит субъективность в цифры. * **Пузыри и плотности** добавляют слой «усилия»: где именно возник толчок и где сконцентрирована ликвидность. Комбинация **контекста + уровня + усилия** уменьшает двусмысленность и ускоряет принятие решения. --- ## Как это работает (простыми словами) * **VWAP** каждый день стартует заново: сумма «типичной цены × объем» делится на суммарный объем. * **Opening Range** — автоматический (кратный минутам вашего таймфрейма) или вручную заданный период; пока он формируется, фиксируются максимум и минимум. * **Фильтр тренда** * Две экспоненциальные средние задают направление. * **ADX** (по желанию) добавляет «силу». Источник можно взять со старшего таймфрейма. * **Зоны** * Одновременно работает **две пары** пивотов (например 10-лево 10-право и 5-лево 5-право). * От пивота строится зона **предложения** (от максимума) или **спроса** (от минимума). Глубина зоны = **коэффициент × Average True Range**; зона тянется вперед. * Внутри рисуется **средняя линия** (по желанию). * Режим **«только по тренду»** скрывает зоны против старшего направления. * **Счетчик касаний** увеличивается, когда цена снова входит в зону; подпись показывает пару и количество касаний. * **Пузыри** * Используется безопасный **прокси-дельты** — измерение «напряжения» внутри свечи. * Через **квантильный фильтр** выводятся только необычно сильные места: настраиваются окно и процент квантиля; размер кружка — сила, цвет: зеленый покупатели, красный продавцы. * **Плотности** * Крупные активности отмечаются **ненавязчивыми прямоугольниками** (глубина — доля Average True Range). * Если плотность **пробивается** объемом выше среднего, она **исчезает** — часто это предвещает продолжение. --- ## Как пользоваться — практические схемы > Рекомендация: крипто или фьючерсы, таймфрейм 1–5 минут. Для старшего фильтра удобно взять **1 час** или **15 минут**. ### 1) Скальп на откат по тренду 1. Включите **«только по тренду»**. 2. В восходящем тренде дождитесь отката в **зону спроса**, желательно рядом с **VWAP** или серединой **Opening Range**. 3. Подтверждение — **зеленые пузыри** у нижней границы зоны или свежая **плотность** под ценой. 4. Вход после закрытия свечи **выше средней линии** зоны. 5. Стоп-лосс: за нижнюю границу зоны или небольшой множитель Average True Range. 6. Цели: предыдущий максимум, верх Opening Range, фиксированные R-множители, либо VWAP. Для нисходящего тренда зеркально: зоны предложения, красные пузыри и плотности над ценой. ### 2) Контрдвижение с «выбиванием ликвидности» 1. Нейтральный или контртрендовый режим. 2. Цена **выносит хвостом** границу зоны (или линию Opening Range) и **закрывается обратно внутри**. 3. Цвет пузыря часто меняется (поглощение). 4. Вход внутрь зоны; стоп — за хвост выбивания; цели: средняя линия, противоположная граница зоны или VWAP. ### 3) Пробой Opening Range + ретест 1. Дождитесь завершения диапазона. 2. Сильный пробой с крупным пузырем — признак намерения. 3. Ищите **ретест** в зоне по тренду рядом с линией диапазона и VWAP. 4. Торгуйте продолжение к следующей зоне. ### 4) Продолжение после «съеденной» плотности 1. Когда прямоугольник плотности **исчезает** на повышенном объеме, это значит, что ликвидность поглощена. 2. Торгуйте в сторону пробоя к ближайшей противоположной зоне. --- ## Настройки — краткая шпаргалка **Core** — Длина Average True Range (для размеров зон и плотностей). — Включение VWAP и Opening Range. — Длина Opening Range: автоматическая (кратная минутам ТФ) или ручная. **Trend Filter** — Режим: выкл., только средние, либо средние + ADX. — Источник со старшего таймфрейма и его значение. — Длины средних, длина ADX и порог силы. — Показать/скрыть линий средних. **Zones (две пары одновременно)** — Пара A: лев/прав; Пара B: лев/прав. — Глубина зоны × Average True Range, продление по барам. — Средняя линия, режим **«только по тренду»**. — Подписи со счетчиком касаний. **Bubbles** — Вкл./выкл., окно поиска и процент квантиля (чем выше процент — тем реже пузыри). **Densities** — Метрика: абсолютная прокси-дельты или чистый объем. — Окно/квантиль, глубина × Average True Range, продление, — Порог объединения (в Average True Range), — Условие «разъедания» по объему, — Средняя линия плотности (по желанию). --- ## Советы и риски * Индикатор **не использует внешние потоки ордер-флоу**. Дельта — **прокси**, подходящая для TradingView; подбирайте квантили под инструмент и таймфрейм. * Не торгуйте каждый пузырь. Склейте **контекст (тренд + VWAP + Opening Range)** с **уровнем (зона)** и **усилием (пузырь/плотность)**. * Стоп-лосс — за границей зоны или по Average True Range. Риск на сделку задавайте заранее. * Перед реальными деньгами протестируйте правила в стратегии. * Разные рынки ведут себя по-разному; настройки из Биткоина могут не подойти малоликвидным альткоинам или акциям. * Это не инвестиционная рекомендация. Скальпинг — высокий риск; проскальзывание и переизбыток сделок быстро наносят ущерб капиталу. --- ## Чем уникален PRO Scalper * Две **одновременные** системы зон показывают и **крупную структуру**, и **точные локальные уровни**. * Режим **«только по тренду»** чистит экран от лишних уровней и ускоряет решение. * **Счетчики касаний** дают количественную опору. * **Самодостаточные визуализации усилия** (пузыри и плотности) — без сторонних источников данных. * Аккуратная цветовая схема: плотности — мягко, зоны — ясно; Opening Range — адаптивный. Пусть он станет вашей «картой местности» для быстрых и дисциплинированных решений внутри дня.
Indicateur Pine Script®
par BadRockCapital
Mythical EMAs + Dynamic VWAP BandThis indicator titled "Mythical EMAs + Dynamic VWAP Band." It overlays several volatility-adjusted Exponential Moving Averages (EMAs) on the chart, along with a Volume Weighted Average Price (VWAP) line and a dynamic band around it. Additionally, it uses background coloring (clouds) to visualize bullish or bearish trends, with intensity modulated by the price's position relative to the VWAP. The EMAs are themed with mythical names (e.g., Hermes for the 9-period EMA), but this is just stylistic flavoring and doesn't affect functionality. I'll break it down section by section, explaining what each part does, how it works, and its purpose in the context of technical analysis. This indicator is designed for traders to identify trends, momentum, and price fairness relative to volume-weighted averages, with volatility adjustments to make the EMAs more responsive in volatile markets. ### 1. **Volatility Calculation (ATR)** ```pine atrLength = 14 volatility = ta.atr(atrLength) ``` - **What it does**: Calculates the Average True Range (ATR) over 14 periods (a common default). ATR measures market volatility by averaging the true range (the greatest of: high-low, |high-previous close|, |low-previous close|). - **Purpose**: This volatility value is used later to dynamically adjust the EMAs, making them more sensitive in high-volatility conditions (e.g., during market swings) and smoother in low-volatility periods. It helps the indicator adapt to changing market environments rather than using static EMAs. ### 2. **Custom Mythical EMA Function** ```pine mythical_ema(src, length, base_alpha, vol_factor) => alpha = (2 / (length + 1)) * base_alpha * (1 + vol_factor * (volatility / src)) ema = 0.0 ema := na(ema ) ? src : alpha * src + (1 - alpha) * ema ema ``` - **What it does**: Defines a custom function to compute a modified EMA. - It starts with the standard EMA smoothing factor formula: `2 / (length + 1)`. - Multiplies it by a `base_alpha` (a user-defined multiplier to tweak responsiveness). - Adjusts further for volatility: Adds a term `(1 + vol_factor * (volatility / src))`, where `vol_factor` scales the impact, and `volatility / src` normalizes ATR relative to the source price (making it scale-invariant). - The EMA is then calculated recursively: If the previous EMA is NA (e.g., at the start), it uses the current source value; otherwise, it weights the current source by `alpha` and the prior EMA by `(1 - alpha)`. - **Purpose**: This creates "adaptive" EMAs that react faster in volatile markets (higher alpha when volatility is high relative to price) without overreacting in calm periods. It's an enhancement over standard EMAs, which use fixed alphas and can lag in choppy conditions. The mythical theme is just naming—functionally, it's a volatility-weighted EMA. ### 3. **Calculating the EMAs** ```pine ema9 = mythical_ema(close, 9, 1.2, 0.5) // Hermes - quick & nimble ema20 = mythical_ema(close, 20, 1.0, 0.3) // Apollo - short-term foresight ema50 = mythical_ema(close, 50, 0.9, 0.2) // Athena - wise strategist ema100 = mythical_ema(close, 100, 0.8, 0.1) // Zeus - powerful oversight ema200 = mythical_ema(close, 200, 0.7, 0.05) // Kronos - long-term patience ``` - **What it does**: Applies the custom EMA function to the close price with varying lengths (9, 20, 50, 100, 200 periods), base alphas (decreasing from 1.2 to 0.7 for longer periods to make shorter ones more responsive), and volatility factors (decreasing from 0.5 to 0.05 to reduce volatility influence on longer-term EMAs). - **Purpose**: These form a multi-timeframe EMA ribbon: - Shorter EMAs (e.g., 9 and 20) capture short-term momentum. - Longer ones (e.g., 200) show long-term trends. - Crossovers (e.g., short EMA crossing above long EMA) can signal buy/sell opportunities. The volatility adjustment makes them "mythical" by adding dynamism, potentially improving signal quality in real markets. ### 4. **VWAP Calculation** ```pine vwap_val = ta.vwap(close) // VWAP based on close price ``` - **What it does**: Computes the Volume Weighted Average Price (VWAP) using the built-in `ta.vwap` function, anchored to the close price. VWAP is the average price weighted by volume over the session (resets daily by default in Pine Script). - **Purpose**: VWAP acts as a benchmark for "fair value." Prices above VWAP suggest bullishness (buyers in control), below indicate bearishness (sellers dominant). It's commonly used by institutional traders to assess entry/exit points. ### 5. **Plotting EMAs and VWAP** ```pine plot(ema9, color=color.fuchsia, title='EMA 9 (Hermes)') plot(ema20, color=color.red, title='EMA 20 (Apollo)') plot(ema50, color=color.orange, title='EMA 50 (Athena)') plot(ema100, color=color.aqua, title='EMA 100 (Zeus)') plot(ema200, color=color.blue, title='EMA 200 (Kronos)') plot(vwap_val, color=color.yellow, linewidth=2, title='VWAP') ``` - **What it does**: Overlays the EMAs and VWAP on the chart with distinct colors and titles for easy identification in TradingView's legend. - **Purpose**: Visualizes the EMA ribbon and VWAP line. Traders can watch for EMA alignments (e.g., all sloping up for uptrend) or price interactions with VWAP. ### 6. **Dynamic VWAP Band** ```pine band_pct = 0.005 vwap_upper = vwap_val * (1 + band_pct) vwap_lower = vwap_val * (1 - band_pct) p1 = plot(vwap_upper, color=color.new(color.yellow, 0), title="VWAP Upper Band") p2 = plot(vwap_lower, color=color.new(color.yellow, 0), title="VWAP Lower Band") fill_color = close >= vwap_val ? color.new(color.green, 80) : color.new(color.red, 80) fill(p1, p2, color=fill_color, title="Dynamic VWAP Band") ``` - **What it does**: Creates a band ±0.5% around the VWAP. - Plots the upper/lower bands with full transparency (color opacity 0, so lines are invisible). - Fills the area between them dynamically: Semi-transparent green (opacity 80) if close ≥ VWAP (bullish bias), red if below (bearish bias). - **Purpose**: Highlights deviations from VWAP visually. The color change provides an at-a-glance sentiment indicator—green for "above fair value" (potential strength), red for "below" (potential weakness). The narrow band (0.5%) focuses on short-term fairness, and the fill makes it easier to spot than just the line. ### 7. **Trend Clouds with VWAP Interaction** ```pine bullish = ema9 > ema20 and ema20 > ema50 bearish = ema9 < ema20 and ema20 < ema50 bullish_above_vwap = bullish and close > vwap_val bullish_below_vwap = bullish and close <= vwap_val bearish_below_vwap = bearish and close < vwap_val bearish_above_vwap = bearish and close >= vwap_val bgcolor(bullish_above_vwap ? color.new(color.green, 50) : na, title="Bullish Above VWAP") bgcolor(bullish_below_vwap ? color.new(color.green, 80) : na, title="Bullish Below VWAP") bgcolor(bearish_below_vwap ? color.new(color.red, 50) : na, title="Bearish Below VWAP") bgcolor(bearish_above_vwap ? color.new(color.red, 80) : na, title="Bearish Above VWAP") ``` - **What it does**: Defines trend conditions based on EMA alignments: - Bullish: Shorter EMAs stacked above longer ones (9 > 20 > 50, indicating upward momentum). - Bearish: The opposite (downward momentum). - Sub-conditions combine with VWAP: E.g., bullish_above_vwap is true only if bullish and price > VWAP. - Applies background colors (bgcolor) to the entire chart pane: - Strong bullish (above VWAP): Green with opacity 50 (less transparent, more intense). - Weak bullish (below VWAP): Green with opacity 80 (more transparent, less intense). - Strong bearish (below VWAP): Red with opacity 50. - Weak bearish (above VWAP): Red with opacity 80. - If no condition matches, no color (na). - **Purpose**: Creates "clouds" for trend visualization, enhanced by VWAP context. This helps traders confirm trends—e.g., a strong bullish cloud (darker green) suggests a high-conviction uptrend when price is above VWAP. The varying opacity differentiates signal strength: Darker for aligned conditions (trend + VWAP agreement), lighter for misaligned (potential weakening or reversal). ### Overall Indicator Usage and Limitations - **How to use it**: Add this to a TradingView chart (e.g., stocks, crypto, forex). Look for EMA crossovers, price bouncing off EMAs/VWAP, or cloud color changes as signals. Bullish clouds with price above VWAP might signal buys; bearish below for sells. - **Strengths**: Combines momentum (EMAs), volume (VWAP), and volatility adaptation for a multi-layered view. Dynamic colors make it intuitive. - **Limitations**: - EMAs lag in ranging markets; volatility adjustment helps but doesn't eliminate whipsaws. - VWAP resets daily (standard behavior), so it's best for intraday/session trading. - No alerts or inputs for customization (e.g., changeable lengths)—it's hardcoded. - Performance depends on the asset/timeframe; backtest before using. - **License**: Mozilla Public License 2.0, so it's open-source and modifiable.
Indicateur Pine Script®
par Panos1389
VWAP Entry Assistant (v1.0)Description: Anchored VWAP with a lightweight assistant for VWAP reversion trades. It shows the distance to VWAP, an estimated hit probability for the current bar, the expected number of bars to reach VWAP, and a recommended entry price. If the chance of touching VWAP is low, the script suggests an adjusted limit using a fraction of ATR. The VWAP line is white by default, and a compact summary table appears at the bottom-left. Educational tool. Not financial advice. Not affiliated with TradingView or any exchange. Always backtest before use.
Indicateur Pine Script®
par Seaman88
xVWAP (Multi-Source VWAP)This indicator lets you plot a true cross-symbol VWAP — volume-weighted average price taken from any symbol or from your current chart. It’s ideal for futures, micros/minis, indices, and correlated assets (e.g., MGC ↔ GC1!, MNQ ↔ NQ1!, ES ↔ SPX). You can choose the source symbol, anchor period, and display up to three standard-deviation bands around VWAP. In the chart, since I trade Micros, I used MGC1! (colored), then overlay it with the VWAP from GC1! (Grey).
Indicateur Pine Script®
par bibabiera
1
ORBs, EMAs, AVWAPThis Pine Script (version 6) is a multi-session trading indicator that combines Opening Range Breakouts (ORBs), Exponential Moving Averages (EMAs), and an Anchored VWAP (AVWAP) system — all in one overlay script for TradingView. Here’s a clear breakdown of its structure and functionality: 🕒 1. Session Logic and ORB Calculation Purpose: Identify and plot the high and low of the first 30 minutes (default) for the Tokyo, London, and New York trading sessions. Session Anchors (NY time): Tokyo → 20:00 London → 03:00 New York → 09:30 (All configurable in inputs.) ORB Duration: Default is 30 minutes (orbDurationMin), also user-configurable. Resets: London and NY ORBs reset at the start of each new New York trading day (17:00 NY time). Tokyo ORB resets independently using a stored timestamp. Process: For each session: While the time is within the ORB window, the script captures the session’s high and low. Once the window closes, those levels remain plotted until reset. Plot Colors: Tokyo → Yellow (#fecc02) London → Gray (#8c9a9c) New York → Magenta (#ff00c8) These form visible horizontal lines marking the prior session ranges — useful for breakout or retest trading setups. 📈 2. EMA System Purpose: Provide trend and dynamic support/resistance guidance. It calculates and plots four EMAs: EMA Period Color Purpose EMA 9 Short-term Green Fast signal EMA 20 Short-term Red Confirms direction EMA 113 Medium Aqua Trend filter EMA 200 Long-term Orange Macro trend baseline Each EMA is plotted directly on the price chart for visual confluence with ORB and VWAP levels. ⚖️ 3. Anchored VWAP (AVWAP) Purpose: Display a volume-weighted average price anchored to specific timeframes or events, optionally with dynamic deviation or percentage bands. Features: Anchor Options: Time-based: Session, Week, Month, Quarter, Year, Decade, Century Event-based: Earnings, Dividends, Splits VWAP resets when the chosen anchor condition is met (e.g., new month, new earnings event, etc.). Bands: Up to three levels of symmetric upper/lower bands. Choose between Standard Deviation or Percentage-based widths. Display Toggles: Each band’s visibility is optional. VWAP can be hidden on 1D+ timeframes (hideonDWM option). Color Scheme: VWAP: Fuchsia (magenta-pink) line Bands: Green / Olive / Teal with light-filled zones ⚙️ 4. Technical Highlights Uses ta.vwap() with built-in band calculations. Handles instruments with or without volume (errors if missing volume). Uses time-zone aware timestamps (timestamp(NY_TZ, …)). Uses timeframe.change() to detect new anchors for the VWAP. Employs persistent variables (var) to maintain session state across bars. 💡 In Practice This indicator is designed for multi-session intraday traders who: Trade Tokyo, London, or NY open breakouts or retests. Use EMA stacking and crossovers for trend confirmation. Use Anchored VWAP as a fair-value or mean-reversion reference. Need clear visual structure across different market sessions. It provides strong session separation, trend context, and volume-weighted price reference — making it ideal for discretionary or semi-systematic trading strategies focused on liquidity zones and session momentum.
Indicateur Pine Script®
par nh311009
1
VWAP + Multi-Condition RSI Signals + FibonacciPlatform / System Platform: TradingView Language: Pine Script® v6 Purpose: This script is an overlay indicator for technical analysis on charts. It combines multiple tools: VWAP, RSI signals, and Fibonacci levels. 1️⃣ VWAP (Volume Weighted Average Price) What it does: Plots the VWAP line on the chart, which is a weighted average price based on volume. Can be anchored to different periods: Session, Week, Month, Quarter, Year, Decade, Century, or corporate events like Earnings, Dividends, Splits. Optionally plots bands above and below VWAP based on standard deviation or a percentage. Supports up to 3 bands with customizable multipliers. Will not display if the timeframe is daily or higher and the hideonDWM option is enabled. Visual on chart: A main VWAP line with optional shaded bands. 2️⃣ RSI (Relative Strength Index) Signals What it does: Calculates RSI with a configurable period. Identifies overbought and oversold zones using user-defined levels. Generates buy/sell signals based on: RSI crossing above oversold → Buy RSI crossing below overbought → Sell Detects strong signals using divergences: Bullish divergence: Price makes lower low, RSI makes higher low → Strong Buy Bearish divergence: Price makes higher high, RSI makes lower high → Strong Sell Optional momentum signals when RSI crosses 50 after recent overbought/oversold conditions. Visual on chart: Triangles for buy/sell Different color triangles/circles for strong and momentum signals Background shading in RSI overbought/oversold zones Alerts: The script can trigger alerts when any of these signals occur. 3️⃣ Fibonacci Levels What it does: Calculates Fibonacci retracement and extension levels based on the highest high and lowest low over a configurable lookback period. Plots standard Fibonacci levels: 0.146, 0.236, 0.382, 0.5, 0.618, 0.786, 1.0 Plots extension levels: 1.272, 1.618, 2.0, 2.618 Helps identify potential support/resistance zones. Visual on chart: Horizontal lines at each Fibonacci level, shaded with different transparencies. Summary This script is essentially a multi-tool trading indicator that combines: VWAP with dynamic bands for trend analysis and price positioning RSI signals with divergences for entry/exit points Fibonacci retracement and extension levels for support/resistance It is interactive and visual, providing both chart overlays and alert functionality for active trading strategies. This code is provided for training and educational purposes only. It is not financial advice and should not be used for live trading without proper testing and professional guidance.
Indicateur Pine Script®
par Panos1389
1
Anchored VWAP Polyline [CHE] Anchored VWAP Polyline — Anchored VWAP drawn as a polyline from a user-defined bar count with last-bar updates and optional labels Summary This indicator renders an anchored Volume-Weighted Average Price as a continuous polyline starting from a user-selected anchor point a specified number of bars back. It accumulates price multiplied by volume only from the anchor forward and resets cleanly when the anchor moves. Drawing is object-based (polyline and labels) and updated on the most recent bar only, which reduces flicker and avoids excessive redraws. Optional labels mark the anchor and, conditionally, a delta label when the current close is below the historical close at the anchor offset. Motivation: Why this design? Anchored VWAP is often used to track fair value after a specific event such as a swing, breakout, or session start. Traditional plot-based lines can repaint during live updates or incur overhead when frequently redrawn. This implementation focuses on explicit state management, last-bar rendering, and object recycling so the line stays stable while remaining responsive when the anchor changes. The design emphasizes deterministic updates and simple session gating from the anchor. What’s different vs. standard approaches? Baseline: Classic VWAP lines plotted from session open or full history. Architecture differences: Anchor defined by a fixed bar offset rather than session or day boundaries. Object-centric drawing via `polyline` with an array of `chart.point` objects. Last-bar update pattern with deletion and replacement of the polyline to apply all points cleanly. Conditional labels: an anchor marker and an optional delta label only when the current close is below the historical close at the offset. Practical effect: You get a visually continuous anchored VWAP that resets when the anchor shifts and remains clean on chart refreshes. The labels act as lightweight diagnostics without clutter. How it works (technical) The anchor index is computed as the latest bar index minus the user-defined bar count. A session flag turns true from the anchor forward; prior bars are excluded. Two persistent accumulators track the running sum of price multiplied by volume and the running sum of volume; they reset when the session flag turns from false to true. The anchored VWAP is the running sum divided by the running volume whenever both are valid and the volume is not zero. Points are appended to an array only when the anchored VWAP is valid. On the most recent bar, any existing polyline is deleted and replaced with a new one built from the point array. Labels are refreshed on the most recent bar: A yellow warning label appears when there are not enough bars to compute the reference values. The anchor label marks the anchor bar. The delta label appears only when the current close is below the close at the anchor offset; otherwise it is suppressed. No higher-timeframe requests are used; repaint is limited to normal live-bar behavior. Parameter Guide Bars back — Sets the anchor offset in bars; default two hundred thirty-three; minimum one. Larger values extend the anchored period and increase stability but respond more slowly to regime changes. Labels — Toggles all labels; default enabled. Disable to keep the chart clean when using multiple instances. Reading & Interpretation The polyline represents the anchored VWAP from the chosen anchor to the current bar. Price above the line suggests strength relative to the anchored baseline; price below suggests weakness. The anchor label shows where the accumulation starts. The delta label appears only when today’s close is below the historical close at the offset; it provides a quick context for negative drift relative to that reference. A yellow message at the current bar indicates the chart does not have enough history to compute the reference comparison yet. Practical Workflows & Combinations Trend following: Anchor after a breakout bar or a swing confirmation. Use the anchored VWAP as dynamic support or resistance; look for clean retests and holds for continuation. Mean reversion: Anchor at a local extreme and watch for approaches back toward the line; require structure confirmation to avoid early entries. Session or event studies: Re-set the anchor around earnings, macro releases, or session opens by adjusting the bar offset. Combinations: Pair with structure tools such as swing highs and lows, or with volatility measures to filter chop. The labels can be disabled when combining multiple instances to maintain chart clarity. Behavior, Constraints & Performance Repaint and confirmation: The line is updated on the most recent bar only; historical values do not rely on future bars. Normal live-bar movement applies until the bar closes. No higher timeframe: There is no `security` call; repaint paths related to higher-timeframe lookahead do not apply here. Resources: Uses one polyline object that is rebuilt on the most recent bar, plus two labels when conditions are met. `max_bars_back` is two thousand. Arrays store points from the anchor forward; extremely long anchors or very long charts increase memory usage. Known limits: With very thin volume, the VWAP can be unavailable for some bars. Very large anchors reduce responsiveness. Labels use ATR for vertical placement; extreme gaps can place them close to extremes. Sensible Defaults & Quick Tuning Starting point: Bars back two hundred thirty-three with Labels enabled works well on many assets and timeframes. Too noisy around the line: Increase Bars back to extend the accumulation window. Too sluggish after regime changes: Decrease Bars back to focus on a shorter anchored period. Chart clutter with multiple instances: Disable Labels while keeping the polyline visible. What this indicator is—and isn’t This is a visualization of an anchored VWAP with optional diagnostics. It is not a full trading system and does not include entries, exits, or position management. Use it alongside clear market structure, risk controls, and a plan for trade management. It does not predict future prices. Inputs with defaults Bars back: two hundred thirty-three bars, minimum one. Labels: enabled or disabled toggle, default enabled. Pine version: v6 Overlay: true Primary outputs: one polyline, optional labels (anchor, conditional delta, and a warning when insufficient bars). Metrics and functions: volume, ATR for label offset, object drawing via polyline and chart points, last-bar update pattern. Special techniques: session gating from the anchor, persistent state, object recycling, explicit guards against unavailable values and zero volume. Compatibility and assets: Designed for standard candlestick or bar charts across liquid assets and common timeframes. Diagnostics: Yellow warning label when history is insufficient. Disclaimer The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context. Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved. By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk. Do not use this indicator on Heikin-Ashi, Renko, Kagi, Point-and-Figure, or Range charts, as these chart types can produce unrealistic results for signal markers and alerts. Best regards and happy trading Chervolino
Indicateur Pine Script®
par chervolino
Adaptive CE-VWAP Breakout Framework [KedArc Quant]📘 Description A structured framework that unites three complementary systems into one charting engine: >Chandelier Exit (CE) – ATR-based trailing logic that defines trend direction, stop placement, and risk/reward overlays. >Swing-Anchored VWAP (SWAV) – a dynamically anchored VWAP that re-starts from each confirmed swing and adapts its smoothness to volatility. >Pivot S/R with Volume Breaks – confirmed horizontal levels with alerts when broken on expanding volume. This script builds a single workflow for bias → trigger → management>without mixing unrelated indicators. Each module is internally linked rather than layered cosmetically, making it a true analytical framework—not. 🙏 Acknowledgment Special thanks to Dynamic Swing Anchored VWAP by @Zeiierman, whose swing-anchoring concept inspired a part of the SWAV module’s implementation and adaptation logic. Support and Resistance Levels with Breaks by @luxalgo for S/R breakout logic. 🎯 How this helps traders >Trend clarity – CE color-codes direction and provides evolving stops. >Context value – SWAV traces adaptive mean paths so traders see where price is “heavy” or “light.” >Action filter – Pivot+volume logic highlights true structural breaks, filtering false moves. >Discipline tool – Optional R:R boxes visualize risk and target zones to enforce planning. 🧩 Entry / Exit guidelines (for study purposes only) Bias Use CE direction: green = long bias · red = short bias Entry 1. Breakout method>– Trade in CE direction when a pivot level breaks on valid volume. 2. VWAP confirmation>– Prefer breaks occurring around the nearest SWAV path (fair-value cross or re-test). Exit >Stop = CE line / recent swing HL / ATR × (multiplier) >Target = R-multiple × risk (default 2 R) >Optional live update keeps SL/TP aligned with current CE state. 🧮 Core formula concepts >ATR Stop: `Stop = High/Low – ATR × multiplier` >VWAP calc: `Σ(price × vol) / Σ(vol)` anchored at swing pivot, adapted by APT (Adaptive Price Tracking) ratio ∝ ATR volatility. >Volume oscillator: `100 × (EMA₅ – EMA₁₀)/EMA₁₀`; valid break when > threshold %. ⚙️ Input configuration (high-level) Master Controls • Show CE / SWAV modules • Theme & Fill opacity CE Section • ATR period & multiplier • Use Close for extremums • Show buy/sell labels • Await bar confirmation • Risk-Reward overlay: R-multiple, Stop basis (CE/Swing/ATR×), Live update toggle SWAV Section • Swing period • Adaptive Price Tracking length • Volatility bias (ATR-based adaptation) • Line width Pivot & Volume Breaks • Left/Right bar windows • Volume threshold % • Show Break labels and alerts ⏱ Best timeframes >Intraday: 5 m – 30 m for breakout confirmation >Swing: 1 h – 4 h for trend context Settings scale with instrument volatility—adjust ATR period and volume threshold to match liquidity. 📘 Glossary >ATR: Average True Range (volatility metric) >CE: Chandelier Exit (trailing stop/trend filter) >SWAV: Swing-Anchored VWAP (anchored mean price path) >Pivot H/L: Confirmed local extrema using left/right bar windows >R-multiple: Profit target as a multiple of initial risk 💬 FAQ Q: Does it repaint? A: No—pivots wait for confirmation and VWAP updates forward-only. Q: Can modules be disabled? A: Yes—each section has its own toggle. Q: Can it trade automatically? A: This is an indicator/study, not an auto-strategy. Q: Is this financial advice? A: No—educational use only. ⚠️ Disclaimer This script is for educational and analytical purposes only. It is not financial advice. Trading involves risk of loss. Past performance does not guarantee future results. Always apply sound risk management.
Indicateur Pine Script®
par kedarcquant
VWAP HMA Trends It visually syncs Trend, VWAP, and Confidence — giving you instant clarity to trade with calm precision. ⚙️ The Three Core Gauges: 1. 📈 Trend Green for up, Red for down (Trend: Confirms direction) 2. 💰 VWAP Price vs. Volume Weighted Average Price. Institutional Fair Value. (Bull or Bear) 3. 🎯 Confidence Agreement between trend & VWAP. Dont fight the trend. Bonus Feature: Confidence Turns 🟢 Confident when aligned, 🟡 Cautious when mixed. Together, these create a clean, visual readout of the market’s health. 🧩 How to Use Watch the Color Flow: 🟢 Green Cloud → Buyers in control. 🔴 Red Cloud → Sellers in control. Check VWAP (Orange Line): Price above VWAP → bullish strength. Price below VWAP → bearish control. Hovering at VWAP → indecision. Wait. --- Act With Discipline: Trade only when all gauges agree. Add size only in Confident conditions. Trim or tighten stops when it shifts to Cautious. ⚡ Quick Reference: 🟢 Green cloud + above VWAP + Confident | Uptrend continuation | Favor long bias 🔴 Red cloud + below VWAP + Confident | Downtrend continuation | Favor short bias Mixed colors or Cautious: Wait or scale back Cloud flips color: Possible shift. Reassess bias next bar ⚖️ Disclaimer: Educational and informational use only. Not financial advice. Always use independent judgment and position sizing.
Indicateur Pine Script®
par TheAITradingDesk
2
Volume Weighted Average Price Band Extension## Volume Weighted Average Price Band Extension (VWAPb) **Volume Weighted Average Price Band Extension** is an enhanced VWAP indicator that extends the traditional three-band system to include up to **five configurable standard deviation bands**, making it particularly well-suited for analyzing volatile market conditions where price action frequently extends beyond conventional boundaries. ### Key Features **Extended Band System** Unlike standard VWAP indicators that typically offer three bands, this indicator provides five independently configurable bands with customizable multipliers (default: 0.5x, 1.0x, 1.5x, 2.0x, and 3.0x). Each band can be toggled on or off, allowing traders to adapt the display to current market volatility and their specific trading strategy. **Dual Calculation Modes** The indicator offers flexibility in how bands are calculated: - **Standard Deviation Mode**: Traditional statistical approach measuring price dispersion from the VWAP - **Percentage Mode**: Distance calculated as a percentage of VWAP (1 multiplier = 1%), useful for comparing relative moves across different price levels **Flexible Anchor Periods** Calculate VWAP from multiple timeframes and events: - Time-based: Session, Week, Month, Quarter, Year, Decade, Century - Event-based: Earnings reports, Dividend announcements, Stock splits - Customizable source (default: hlc3) **Visual Clarity** Color-coded bands with semi-transparent fills between upper and lower boundaries help identify key support and resistance zones at a glance. The indicator automatically hides on daily and higher timeframes when enabled, keeping charts clean. ### Ideal For - **Volatile Markets**: The extended band system captures extreme price movements that often exceed traditional 2-3 standard deviation bounds - **Scalping & Day Trading**: Multiple bands provide granular entry and exit zones for short-term trades - **Mean Reversion Strategies**: Identify overextended price action relative to volume-weighted fair value - **Institutional Order Flow Analysis**: VWAP remains a key benchmark for institutional execution ### How It Works The Volume Weighted Average Price represents the average price weighted by volume throughout the selected anchor period. The surrounding bands act as dynamic support and resistance levels, with each successive band representing areas of increasing deviation from the volume-weighted mean. In volatile conditions, price may regularly test the outer bands (2.0x, 3.0x), which would be invisible on standard three-band implementations. **Trading Applications:** - Price near outer bands (±2.0x, ±3.0x) may signal exhaustion and potential reversal opportunities - Price oscillating between inner bands (±0.5x, ±1.0x) indicates consolidation - VWAP itself acts as a dynamic pivot point—bullish above, bearish below ### Settings Overview - **VWAP Settings**: Anchor period selection, source input, offset capability, option to hide on D/W/M timeframes - **Bands Settings**: Toggle each of the five bands independently, adjust multipliers, choose between Standard Deviation or Percentage calculation mode --- **Note**: This indicator requires volume data to function properly. A runtime error will display if volume data is unavailable for the selected symbol. **Disclaimer**: This indicator is designed for technical analysis and should be used in conjunction with other forms of analysis and proper risk management. Past performance and indicator signals do not guarantee future results.
Indicateur Pine Script®
par rdjxyz
MNQ TopStep 50K | Ultra Quality v3.0MNQ TopStep 50K | Ultra Quality v3.0 - Publish Summary📊 OverviewA professional-grade trading indicator designed specifically for MNQ futures traders using TopStep funded accounts. Combines 7 technical confirmations with 5 advanced safety filters to deliver high-quality trade signals while managing drawdown risk.🎯 Key FeaturesCore Signal System 7-Point Confirmation: VWAP, EMA crossovers, 15-min HTF trend, MACD, RSI, ADX, and Volume Signal Grading: Each signal is rated A+ through D based on 7 quality factors Quality Threshold: Adjustable minimum grade requirement (A+, A, B, C, D) Advanced Safety Filters (Customizable) Mean Reversion Filter - Prevents chasing extended moves beyond VWAP bands ATR Spike Filter - Avoids trading during extreme volatility events EMA Spacing Filter - Ensures proper trend separation (optional) Momentum Filter - Requires consecutive directional bars (optional) Multi-Timeframe Confirmation - Aligns with 15-min trend (optional) TopStep Risk Management Real-time drawdown tracking Position sizing calculator based on remaining cushion Daily loss limit monitoring Consecutive loss protection Max trades per day limiter Visual Components VWAP with 1σ, 2σ, 3σ bands EMA 9/21 with cloud fill 15-min EMA 50 for HTF trend Comprehensive metrics dashboard Risk management panel Filter status panel Detailed trade labels with entry, stops, and targets ⚙️ Default Settings (Balanced for Regular Signals)Technical Indicators Fast EMA: 9 | Slow EMA: 21 | HTF EMA: 50 (15-min) MACD: 10/22/9 RSI: 14 period | Thresholds: 52 (buy) / 48 (sell) ADX: 14 period | Minimum: 20 ATR: 14 period | Stop: 2x | TP1: 2x | TP2: 3x Volume: 1.2x average required Session Settings Default: 9:30 AM - 11:30 AM ET (adjustable) Avoids first 15 minutes after market open Customizable trading hours Safety Filters (Default Configuration) ✅ Mean Reversion: Enabled (2.5σ max from VWAP) ✅ ATR Spike: Enabled (2.0x threshold) ❌ EMA Spacing: Disabled (can enable for quality) ❌ Momentum: Disabled (can enable for quality) ❌ MTF Confirmation: Disabled (can enable for quality) Risk Controls Minimum Signal Quality: C (adjustable to A+ for fewer/better signals) Min Bars Between Signals: 10 Max Trades Per Day: 5 Stop After Consecutive Losses: 2 📈 Expected PerformanceWith Default Settings: Signals per week: 10-15 trades Estimated win rate: 55-60% Risk-Reward: 1:2 (TP1) and 1:3 (TP2) With Aggressive Settings (Min Quality = D, All Filters Off): Signals per week: 20-25 trades Estimated win rate: 50-55% With Conservative Settings (Min Quality = A, All Filters On): Signals per week: 3-5 trades Estimated win rate: 65-70% 🚀 How to UseBasic Setup: Add indicator to MNQ 5-minute chart Adjust TopStep account settings in inputs Set your risk per trade percentage (default: 0.5%) Configure trading session hours Set minimum signal quality (Start with C for balanced results) Signal Interpretation: Green Triangle (BUY): Long signal - all confirmations aligned Red Triangle (SELL): Short signal - all confirmations aligned Label Details: Shows entry, stop loss, take profit levels, position size, and signal grade Signal Grade: A+ = Elite (6-7 points) | A = Strong (5) | B = Good (4) | C = Fair (3) Dashboard Monitoring: Top Right: Technical metrics and market conditions Top Left: Filter status (which filters are passing/blocking) Bottom Right: TopStep risk metrics and position sizing ⚡ Customization TipsFor More Signals: Lower "Minimum Signal Quality" to D Decrease ADX threshold to 18-20 Lower RSI thresholds to 50/50 Reduce Volume multiplier to 1.1x Disable additional filters For Higher Quality (Fewer Signals): Raise "Minimum Signal Quality" to A or A+ Increase ADX threshold to 25-30 Enable all 5 advanced filters Tighten VWAP distance to 2.0σ Increase momentum requirement to 3-4 bars For TopStep Compliance: Adjust "Max Total Drawdown" and "Daily Loss Limit" to match your account Update "Already Used Drawdown" daily Monitor the Risk Panel for cushion remaining Use recommended contract sizing 🛡️ Risk DisclaimerIMPORTANT: This indicator is for educational and informational purposes only. Past performance does not guarantee future results All trading involves substantial risk of loss Use proper risk management and position sizing Test thoroughly in paper trading before live use The indicator does not guarantee profitable trades Adjust settings based on your risk tolerance and trading style Always comply with your broker's and TopStep's rules
Indicateur Pine Script®
par elivgorelick
MNQ Morning Indicator | Clean SignalsMNQ Morning Trading Indicator Summary What It Does This is a TradingView indicator designed for day trading MNQ (Micro Nasdaq-100 futures) during morning sessions. It generates BUY and SELL signals only when multiple technical conditions align, helping traders identify high-probability trade setups. Core Strategy BUY Signal Requirements (All must be true): ✅ Price above VWAP (volume-weighted average price) ✅ Fast EMA (9) above Slow EMA (21) - uptrend confirmation ✅ Price above 15-minute 50 EMA - higher timeframe confirmation ✅ MACD histogram positive - momentum confirmation ✅ RSI above 55 - strength confirmation ✅ ADX above 25 - trending market (not choppy) ✅ Volume 1.5x above average - strong participation SELL Signal (opposite conditions) Key Features 🎯 Risk Management Stop Loss: 2× ATR (Average True Range) Take Profit 1: 2× ATR (1:2 risk-reward) Take Profit 2: 3× ATR (1:3 risk-reward) Dollar values: Calculates P&L based on MNQ's $2/point value ⏰ Session Filter Default: 9:30 AM - 11:30 AM ET (customizable) Safety feature: Avoids first 15 minutes (high volatility period) Won't generate signals outside trading hours 🛡️ Signal Quality Rates each signal: 🔥 STRONG, ⚡ MEDIUM, or ⚠️ WEAK Requires minimum 15 bars between signals (prevents overtrading) 📊 Visual Dashboard Shows real-time metrics: ATR values ADX (trend strength) RSI (momentum) Market condition (TREND/CHOP) Session status Volume status Signal cooldown timer Visual Elements 📈 VWAP with standard deviation bands (1σ, 2σ, 3σ) 📉 Multiple EMAs with trend-based coloring 🟢/🔴 Buy/Sell arrows on chart 📋 Detailed trade labels showing entry, SL, TPs, and risk-reward ratios 🎨 Background highlighting for market conditions Safety Features Cooldown period between signals Session restrictions (no trading outside set hours) First 15-minute avoidance (post-open volatility) Multi-confirmation requirement (all 7 conditions must align) Trend filter (ADX minimum to avoid choppy markets) Best For Day traders focused on morning sessions MNQ futures traders Traders who prefer systematic, rule-based entries Those wanting pre-calculated risk management levels Customization All parameters are adjustable: EMA periods MACD settings RSI thresholds ADX minimum ATR multipliers Session times Visual preferences This indicator is designed to be conservative — it waits for strong confirmation before signaling, which means fewer but potentially higher-quality trades.
Indicateur Pine Script®
par elivgorelick
1
cd_VWAP_mtg_CxCd_VWAP_mtg_Cx Overview The most important condition for being successful and profitable in the market is to consistently follow the same rules without compromise, while the price constantly moves in countless different ways. Regardless of the concept or trading school, those who have rules win. In this indicator, we will define and use three main sections to set and apply our rules. The indicator uses the VWAP (Volume Weighted Average Price) — price weighted by volume. Two VWAPs can be displayed either by manually entering date and time, or by selecting from the menu. From the menu, you can select the following reference levels: • HTF Open: Opening candle of the higher timeframe • ATH / ATL: All-Time High / All-Time Low candles • PMH / PML, PWH / PWL, PDH / PDL, PH4H / PH4L: Previous Month, Week, Day, or H4 Highs/Lows • MH / ML, WH / WL, DH / DL, H4H / H4L: Current Month, Week, Day, or H4 Highs/Lows Additionally, it includes: • Mitigation / Order Block zones (local buyer-seller balance) across two timeframes. • Buy/Sell Side Liquidity levels (BSL / SSL) from the aligned higher timeframe (target levels). ________________________________________ Components and Usage 1 – VWAP Calculated using the classical method: • High + Volume for the upper value • Close + Volume for the middle value • Low + Volume for the lower value The VWAP is displayed as a colored band, where the coloring represents the bias. Let’s call this band FVB (Fair Value Band) for ease of explanation. The FVB represents the final line of defense, the buyer/seller boundary, and in technical terms, it can be viewed as premium/discount zones or support/resistance levels. Within this critical area, the strong side continues its move, while the weaker side is forced to retreat. But does the side that breaks beyond the band always keep going? We all know that’s not always the case — in different pairs and timeframes, price often violates both the upper and lower edges multiple times. To achieve more consistent analysis, we’ll define a new set of rules. ________________________________________ 2 – Mitigation / Order Blocks In trading literature, there are dozens of different definitions and uses of mitigation or order blocks. Here, we will interpret the candlesticks to create our own definition, and we’ll use the zones defined by candles that fit this pattern. For simplicity, let’s abbreviate mitigation as “mtg.” For a candle to be selected as an mtg, it must clearly show strength from one side (buyers or sellers) — which can also be observed visually on the chart. ________________________________________ Bullish mtg criteria: 1. The first candle must be bullish (close > open) → buyers are strong. 2. The next candle makes a new high (buyers push higher) but fails to close above and pulls back to close inside the previous range → sellers react. It also must not break the previous low → buyers defend. 3. In the following candle(s), as long as the first candle’s low is protected and the second candle’s high is broken, it indicates buyer strength → a bullish mtg is confirmed. When price returns to this zone later (gets mitigated), the expectation is that the zone holds and price pushes upward again. If the low is violated, the mtg becomes invalid. In technical terms: If the previous candle’s high is broken but no close occurs above it, the expectation is a reversal move that will retest its low. Question: What if the low is protected and in the next candle(s) a new high forms? Answer: → Bullish mtg. Bearish mtg (opposite) 3 – Buy/Sell Side Liquidity Levels With the help of the aligned higher timeframe (swing points), we will define our market structure framework and set our liquidity targets accordingly. Let’s put the pieces together. If we continue explaining from a trade-focused perspective, our first priority should be our bias — our projection or expectation of the market’s potential movement. We will determine this bias using the FVB. Since we know the band often gets violated on both sides, we want the price action to convince us of its strength. To do that, we’ll use the first candle that closes beyond the band. The distance from that candle’s high to low will be our threshold range Bullish level = high + (candle length × coefficient) Bearish level = low - (candle length × coefficient) When the price closes beyond this threshold, it demonstrates strength, and our bias will now align in that direction. How long will this bias remain valid? → Until a closing candle appears on the opposite side of the band. If a close occurs on the opposite side, then a new bias will only be confirmed once the new threshold level is broken. During the period in between, we have no bias. Let’s continue on the chart: Now that our bias has been established, where and how do we look for trade opportunities? There are two possible entry approaches: • Aggressive entry: Enter immediately with the breakout. • Conservative entry: Wait for a pullback and enter once a suitable structure forms. (The choice depends on the user’s preference.) At this stage, the user can apply their own entry model. Let’s give an example: Let’s assume we’re looking for setups using HTF sweep + LTF CISD confirmation. Once our bias turns bearish, we look for an HTF sweep forming on or near an FVB or mtg block, and then confirm the entry with a CISD signal. In summary: • FVB defines the bias, the entry zone, and the target zone. • Mtg blocks represent entry zones. • BSL / SSL levels suggest target zones. Overlapping FVB and mtg blocks are expected to be more effective. The indicator also provides an option for a second FVB. A band attached to a lower timeframe can be used as confirmation. • Main band: Bias + FVB • Extra band: Entry trigger confirmed by a close beyond it. Mtg blocks can provide trade entry opportunities, especially when the price is moving strongly in one direction (flow). Consecutive or complementary mtg blocks indicate that the price is decisive in one direction, while sometimes also showing areas where we should wait before entering. Mtg blocks that contain an FVG (Fair Value Gap) within their body are expected to be more effective. Settings: The default values are set to 1-3-5m, optimized for scalping trades. VWAP settings: Main VWAP (FVB): • Can be set by selecting a start time, manually entering date and time, or choosing a predefined level. Extra VWAP (FVB): • Set from the menu. If not needed, select “none.” • Visibility, color, and fill settings for VWAP are located here. • Threshold levels visibility and color options are also in this section. • The multiplier is used for calculating the threshold level. Important: • If the Extra VWAP is selected but not displayed, you need to increase the chart timeframe. o Example: If the chart is on 3m and you select WH from the extra options, it will not display correctly. • Upper limits for VWAP: o 1m and 3m charts: daily High/Low o 5m chart: weekly High/Low ________________________________________ Mtg Settings: • Visibility and color settings for blocks are configured here. • To display on a second timeframe, the box must be checked and the timeframe specified. • Optional display modes: “only active blocks,” “only last violated mtg,” or “all.” • For confirmation and removal criteria, choosing high/low or close determines the source used for mtg block formation and deletion conditions. BSL/SSL Settings: • Visibility, color, font size, and line style can be configured in this section. When “Auto” is selected, the aligned timeframe is determined automatically by the indicator, while in manual mode, the user defines the timeframe. Final Words: Simply opening trades every time the price touches the VWAP or mtg blocks will not make you a profitable trader. Searching for setups with similar structures while maintaining proper risk management will yield better results in the long run. I would be happy to hear your feedback and suggestions. Happy trading!
Indicateur Pine Script®
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