RDW Pivot DetectorThe RDW Pivot Detector is a versatile Pine Script indicator designed to identify and visualize pivot points in price action, enhancing traders' ability to spot potential reversals and continuation zones. This script includes dynamic support and resistance levels, giving traders a clearer understanding of market structure and trends.
Key Features:
Pivot Point Detection:
Identifies both regular and missed pivot points (highs and lows).
Displays labels for pivot highs (▼) and pivot lows (▲) with customizable colors and tooltips.
Missed pivots are marked with 👻 symbols for better clarity.
Dynamic Support & Resistance:
Tracks support and resistance levels using the lowest low and highest high within a user-defined lookback period.
Customizable Visualization:
Dashed lines for missed pivots, and solid lines for valid pivots.
Custom color options for both regular and missed pivots.
RS Rating (Relative Strength Filter):
Integrates a dummy RS rating to highlight buy signals based on user-defined thresholds.
How to Use:
Add to Chart:
Open TradingView and apply the script to your desired asset chart.
Setup Options:
Pivot Length: Adjust the sensitivity of pivot detection.
Display Preferences:
Toggle regular (▼, ▲) or missed (👻) pivots using the options in the settings menu.
Colors: Customize pivot label and line colors to suit your charting preferences.
Dynamic Levels:
Enable the dynamic support and resistance to monitor key price levels and adjust the "Lookback Period" to align with your trading strategy.
RS Rating Integration:
Use the RS rating filter for buy signal generation. Adjust the threshold (default is 40) to match your criteria for identifying strong stocks.
Interpret Signals:
Buy Signal: Triggered when RS Rating exceeds the user-defined threshold. Combine this with identified pivot lows (▲) for potential entry zones.
Sell Signal: Look for pivot highs (▼) near resistance levels to anticipate potential selling opportunities.
Recommendations:
Use the RDW Pivot Detector alongside other technical indicators for confirmation, such as moving averages or oscillators.
Test the settings on multiple timeframes and markets to find optimal parameters that align with your trading strategy.
Combine missed pivots and dynamic levels for trend-following or reversal strategies.
This script is a powerful tool for identifying key market levels and can be customized to fit any trading style!
Points pivots et niveaux
RDW Pivot DetectorThe RDW Pivot Detector is a versatile Pine Script indicator designed to identify and visualize pivot points in price action, enhancing traders' ability to spot potential reversals and continuation zones. This script includes dynamic support and resistance levels, giving traders a clearer understanding of market structure and trends.
Key Features:
Pivot Point Detection:
Identifies both regular and missed pivot points (highs and lows).
Displays labels for pivot highs (▼) and pivot lows (▲) with customizable colors and tooltips.
Missed pivots are marked with 👻 symbols for better clarity.
Dynamic Support & Resistance:
Tracks support and resistance levels using the lowest low and highest high within a user-defined lookback period.
Customizable Visualization:
Dashed lines for missed pivots, and solid lines for valid pivots.
Custom color options for both regular and missed pivots.
RS Rating (Relative Strength Filter):
Integrates a dummy RS rating to highlight buy signals based on user-defined thresholds.
How to Use:
Add to Chart:
Open TradingView and apply the script to your desired asset chart.
Setup Options:
Pivot Length: Adjust the sensitivity of pivot detection.
Display Preferences:
Toggle regular (▼, ▲) or missed (👻) pivots using the options in the settings menu.
Colors: Customize pivot label and line colors to suit your charting preferences.
Dynamic Levels:
Enable the dynamic support and resistance to monitor key price levels and adjust the "Lookback Period" to align with your trading strategy.
RS Rating Integration:
Use the RS rating filter for buy signal generation. Adjust the threshold (default is 40) to match your criteria for identifying strong stocks.
Interpret Signals:
Buy Signal: Triggered when RS Rating exceeds the user-defined threshold. Combine this with identified pivot lows (▲) for potential entry zones.
Sell Signal: Look for pivot highs (▼) near resistance levels to anticipate potential selling opportunities.
Recommendations:
Use the RDW Pivot Detector alongside other technical indicators for confirmation, such as moving averages or oscillators.
Test the settings on multiple timeframes and markets to find optimal parameters that align with your trading strategy.
Combine missed pivots and dynamic levels for trend-following or reversal strategies.
This script is a powerful tool for identifying key market levels and can be customized to fit any trading style!
Institutional Order Flow StrategyLa strategia implementata è denominata "Institutional Order Flow Strategy" e si basa sull'identificazione di Order Blocks e su specifiche condizioni di ingresso e uscita per le posizioni long e short. L'idea è di identificare i livelli dove operano i bot degli istituzionali, poi attraverso degli obbiettivi di profitto individuali, piazzare tre livelli di profitto atteso.
Ecco una spiegazione dettagliata delle varie sezioni del codice:
1. Impostazioni di Input
Input Session: Imposta una sessione di trading dalle 09:30 alle 16:00.
Lookback Period: Periodo di osservazione di 20 barre per identificare gli order blocks.
Target Percentuali: Tre obiettivi di profitto (Target 1, Target 2, Target 3) espressi in percentuale rispetto al prezzo medio di ingresso.
2. Identificazione degli Order Blocks
Il codice calcola i massimi e minimi più alti e più bassi nel periodo di lookback specificato:
Order Block Buy: Viene identificato come il massimo più alto quando la barra precedente è bearish (chiusura < apertura) e la barra corrente è bullish (chiusura > apertura).
Order Block Sell: Viene identificato come il minimo più basso quando la barra precedente è bullish e la barra corrente è bearish.
3. Logica di Ingresso
In Session: Verifica se il tempo attuale è all'interno della sessione di trading specificata.
Condizioni di Ingresso Long e Short:
Long: La chiusura deve essere superiore all'order block di acquisto e deve essere all'interno della sessione.
Short: La chiusura deve essere inferiore all'order block di vendita e deve essere all'interno della sessione.
4. Entrate nella Strategia
Se le condizioni di ingresso sono soddisfatte, vengono aperte posizioni long o short:
strategy.entry("Long", strategy.long) per le posizioni long.
strategy.entry("Short", strategy.short) per le posizioni short.
5. Calcolo degli Obiettivi per Scalare le Uscite
Per ogni posizione aperta, vengono calcolati tre obiettivi di prezzo per il take profit, basati sul prezzo medio di ingresso:
Long Targets: Calcolati aggiungendo le percentuali specificate al prezzo medio di ingresso.
Short Targets: Calcolati sottraendo le percentuali specificate dal prezzo medio di ingresso.
6. Logica di Uscita con Scalabilità
Quando ci sono posizioni aperte, vengono impostate le uscite:
Per le posizioni long, si esce dal 50% della posizione al Target 1, il 30% al Target 2 e il 20% al Target 3.
Per le posizioni short, la logica è simile, ma si esce a target di prezzo calcolati in senso inverso.
7. Visualizzazione degli Order Blocks
Infine, il codice visualizza gli order blocks sul grafico:
L'order block di acquisto viene tracciato in verde.
L'order block di vendita viene tracciato in rosso.
Conclusione
In sintesi, questa strategia di trading cerca di sfruttare i movimenti di mercato basati sugli order blocks, impostando condizioni di ingresso e uscita chiare, insieme a obiettivi di profitto scalabili.
Pivot PointsPivot Points Indicator
The Pivot Points indicator highlights areas on the chart where candles close in opposite colors. These points occur when the price shifts from bullish to bearish, or vice versa, indicating potential reversals or continuation patterns. These points are more easily seen on a line chart and represent areas where the price changes direction to create peak formations.
Foundational Concepts
Before diving into the indicator, it’s important to understand a few key concepts:
When price is trending upward, it creates higher highs and higher lows. Each high or low acts as a pivot point. In an uptrend, the price is more likely to break the previous high (pivot point) and continue higher. You can enter a buy trade when the price breaks the previous high, anticipating the continuation of the trend.
When price is trending downward, it creates lower lows and lower highs. Each high or low is also a pivot point. In a downtrend, the price is more likely to break the previous low (pivot point) and continue lower. You can enter a sell trade when the price breaks the previous low, anticipating the continuation of the trend.
For reversal trades, it’s helpful to be familiar with chart patterns like double tops, double bottoms, and head and shoulders. The Pivot Points indicator can assist in identifying these patterns, helping you determine entry points, as well as where to place your stop loss.
Recommended Setup
It’s recommended to have two charts open side by side: one displaying a line chart and the other showing a candlestick chart, with the Pivot Points indicator applied to both. This setup allows you to easily identify the market structure and price action as it approaches these levels. You can also add a 20-period Simple Moving Average (SMA) to both charts to help identify the overall trend. Additionally, consider adding the Relative Strength Index (RSI) to the line chart to confirm overbought or oversold conditions.
This approach can be used on any timeframe.
Contributing
If you have suggestions, improvements, or bug fixes, I encourage you to submit pull requests. Collaboration helps make the indicator more versatile and useful for everyone.
Disclaimer
Any trading decisions you make are entirely your responsibility.
The MetaTrader 5 version of this indicator is available on my GitHub repository: roshaneforde/pivot-points-indicator
Key LevelsIndicator to plot the follow levels:
Previous Day High/Low
Previous Month High/Low
Previous Week High/Low
Overnight High/Low
Sniper Leverage Calculator - SYMBOLWhen building a leverage position using the laddering method, this calculator will allow you to easily determine the required Leverage increase and margin reduction/re-addition to achieve the desired new average entry price.
Sniper Leverage Calculator - SYMBOLWhen building a leverage position using the laddering method, this calculator will allow you to easily determine the required Leverage increase and margin reduction/re-addition to achieve the desired new average entry price.
Customizable EMA 10/20/50/100/200Here is the updated version of the customizable EMAs. You can adjust the EMAs time frame to whatever you want (1D, 1Min etc.) and it will be plotted on your chart at the timeframe you are on. It is all public source code so feel free to make adjustments or let me know if there is anything you would like me change or add. I personally use it while scalping as I have found Daily EMAs tend to be strong levels of support and resistance.
BTC Dominance by amig0dieg0 I'll be straightforward: this is my attempt to guess the popular BTC Dominance indicator.
It's simple: sell on red, buy on green, within the context of larger timeframes.
Opening Range Breakout (ORB) - 30 minuteshe script tracks and visualizes the price range of a security during the first 30 minutes of the trading day (starting at 9:30 AM Eastern). It:
Captures the highest and lowest prices during the first 30 minutes of trading
Draws horizontal lines at these high and low levels
Extends these lines for the next 2 hours of trading
Labels the high and low values on the chart
This type of indicator is commonly used by day traders to identify potential breakout opportunities, as price movements beyond the opening range (either above the high or below the low) can signal trading opportunities.
The indicator overlays these levels on the price chart, with the high level shown in green and the low level in red.
G4 Zones | NY (daytradederic) Opening Range Retracement
When I began trading futures I didn't have much of an understanding of market structure nor a real trading plan. Where can I find seemingly risk-free entries? What is a good place to take profit? With so many possibilities I slowly learned that no trading system is more right than the next. What I also learned is that it is best to have a system that your mind can easily see and agree with so you are able to build an edge and grow confidence as a trader.
This indicator is the summation much failure, trial and error. I was manually computing these levels each day and storing them in the object tree on each asset I wanted to trade or examine for the day. It was time consuming and left me with less time to analyze multiple markets.
What is it:
If you are like me, you love when things add up and are willing to take risk if the source of your information is truly reliable. At the base of it, the G4 zones are Fibonacci projections based on the true opening range candles. They are individual arrays which collectively form "zones" or points of interest from the opening range candle characteristics. It is optimized for use on Nasdaq futures ( CME_MINI:NQ1! ) with less reliability on other futures instruments, but works well with ES as well. It has worked decently with liquid crypto assets too. The plan is for future versions to allow projections for individual equities. It works on all standard timeframes (except the hourly for whatever reason. I still need to fix that).
How should it be interpreted:
When I first started with this project I saw the each line as standalone levels.
Who doesn't like a good tick entry. Amiright?
But what happened is that I refused to stick to my risk parameters if my sizing was too aggressive or if my order was exactly at a line and price slipped past. That's when it clicked..they are best interpreted as ZONES rather than absolute levels. You will learn to read and interpret the differences in price action around each level and how significance changes in each zone throughout the trading session.
What's to come:
I plan to upload another version that gives the ability to set alerts based on high probability setups which will be determined by the candles OHLC in relation to a fib level/zone and the characteristics of the previous candles as well, including volume.
Please feel free to leave any comments about the capabilities or future features you may want to see. Thank you for your support!
Cheers,
DTD
(G4) | DTD (Trailing Stop @jason5480)The details of this strategy are still being developed, but the basis of how it works is based on an indicator I developed in 2024 from a manual process I created in 2023 when I began trading futures. It reads candles from the pre-defined opening session. It's most optimized for getting into trades as soon as possible, so the best timeframe to use is the 1-minute. I aim to produce a very high RR, so it's not a scalping strategy. Great for trend days and consolidation. I have an Asia session strategy I am working on as well. This is the most "real-time" strategy I have seen, and I have great confidence in its performance and scalability.
The strategy is 100% proprietary while the risk parameters and capabilities are open source by the wonderful @jason5480
Gann & Fibonacci Strategy with IchimokuThis Pine Script implements a comprehensive trading strategy that combines Gann Square levels, Fibonacci retracements, and the Ichimoku Cloud to generate buy and sell signals for trading stocks and cryptocurrencies.
Key features include:
Dynamic Support and Resistance: Utilizes Gann and Fibonacci levels to identify critical price zones for potential reversals or breakouts.
Trend Confirmation: Ensures buy signals only occur when the price is above or breaking through the Ichimoku Cloud, indicating bullish momentum.
Risk Management: Incorporates ATR-based stop-loss and reward-to-risk-based take-profit levels for precise trade management.
Multi-Timeframe Analysis: Allows toggling between daily and weekly timeframes for flexible strategy application.
Signal Alerts: Provides visual buy/sell signals and alerts to facilitate timely trading decisions.
This strategy is adaptable for scalping, day trading, and swing trading, depending on the selected timeframe.
First day candle high and low of monthThis script is designed to mark the high and low levels of the first candle of each month on the chart. These levels are often considered significant support and resistance zones, as they can represent key liquidity points in the market.
The idea behind this tool is based on the observation that the low of the first monthly candle can act as a critical support level, especially during a bullish market trend. If the price breaks below this low in a bull market, it may indicate a potential manipulation or stop-loss hunting rather than a genuine shift in trend. Similarly, the high of the first monthly candle may serve as a key resistance level, particularly in consolidating or range-bound markets.
By dynamically plotting these levels, the script provides traders with valuable insights into potential liquidity zones and significant market reactions. It allows for customizable line colors and lengths, making it adaptable to various trading styles and preferences.
This tool is particularly useful for traders who wish to align their strategies with institutional market behaviors, as it highlights areas where liquidity is likely to be targeted. Use it as part of your broader analysis to identify potential trade setups, manage risk effectively, and understand market dynamics more comprehensively.
RSI BB StdDev SignalOverview
The RSI BB StdDev Signal Indicator is a powerful tool designed to enhance your trading strategy by combining the Relative Strength Index (RSI) with Bollinger Bands (BB). This unique combination allows traders to identify potential buy and sell signals more accurately by leveraging the strengths of both indicators. The RSI helps in identifying overbought and oversold conditions, while the Bollinger Bands provide a dynamic range to assess volatility and potential price reversals.
Key Features
— RSI Calculation: The indicator calculates the RSI based on user-defined parameters, allowing for customization to fit different trading styles.
— Bollinger Bands Integration: The RSI values are smoothed using a moving average, and Bollinger Bands are applied to this smoothed RSI to generate buy and sell signals.
— Divergence Detection: The indicator includes an optional feature to detect and alert on bullish and bearish divergences between the RSI and price action.
— Customizable Alerts: Users can set up alerts for buy and sell signals, as well as for divergences, ensuring they never miss a trading opportunity.
— Visual Aids: The indicator plots the RSI, Bollinger Bands, and signals on the chart, making it easy to visualize and interpret the data.
How It Works
1. RSI Calculation:
— The RSI is calculated using the change in the source input (default is close price) over a specified period.
— The RSI values are then plotted on the chart with customizable overbought and oversold levels.
2. Smoothing and Bollinger Bands:
— The RSI values are smoothed using a moving average (SMA, EMA, SMMA, WMA, VWMA) selected by the user.
— Bollinger Bands are applied to the smoothed RSI to create dynamic upper and lower bands.
3. Signal Generation:
—Buy signals are generated when the RSI crosses above the lower Bollinger Band.
—Sell signals are generated when the RSI crosses below the upper Bollinger Band.
—These signals are plotted on both the RSI pane and the main price chart for easy reference.
4. Divergence Detection:
— The indicator can detect and alert on regular bullish and bearish divergences between the RSI and price action.
— Bullish divergences occur when the price makes a lower low, but the RSI makes a higher low.
— Bearish divergences occur when the price makes a higher high, but the RSI makes a lower high.
Usage
1. Setting Up:
— Add the indicator to your TradingView chart.
— Customize the RSI length, source, and other parameters in the settings panel.
— Enable or disable the divergence detection based on your trading strategy.
2. Interpreting Signals:
— Use the buy and sell signals generated by the RSI crossing the Bollinger Bands as potential entry and exit points.
— Pay attention to divergences for additional confirmation of trend reversals.
3. Alerts:
— Set up alerts for buy and sell signals to receive notifications in real-time.
— Enable divergence alerts to be notified of potential trend reversals.
Conclusion
The RSI BB StdDev Signal Indicator is a comprehensive tool that combines the strengths of the RSI and Bollinger Bands to provide traders with more accurate and reliable signals. Whether you are a beginner or an experienced trader, this indicator can enhance your trading strategy by offering clear visual cues and customizable alerts.
Note
This indicator is provided with open-source code, allowing users to understand its logic and customize it further if needed. The detailed description and customizable settings ensure that traders of all levels can benefit from its unique features.
Camarilla ADX RSI ScreenerCamarilla ADX RSI Screener
"CamScr_ADX_RSI" is a powerful and versatile trading screener designed to provide actionable insights by combining Camarilla Pivot Levels, ADX (Average Directional Index), and RSI (Relative Strength Index). This screener is tailored for intraday and swing traders, offering a comprehensive view of price action, trend strength, and momentum.
Key Features:
Multi-Ticker Support:
Analyze up to 5 custom symbols simultaneously for easy market monitoring.
Camarilla Levels:
Computes key pivot levels (H3, H4, L3, L4) based on the previous day's high, low, and close prices.
Provides detailed guidance on price movements relative to these levels.
RSI and ADX Integration:
Identifies trend strength with ADX and momentum conditions with RSI.
Generates combined guidance based on RSI zones (overbought/oversold) and ADX trend conditions.
Dynamic Signals:
Highlights key breakout or crossover events such as "Rising from H4", "Falling from H3", or "Support Breakouts".
Customizable Timeframes:
Supports custom timeframe selection for tailored analysis.
User-Friendly Table Interface:
Displays all key metrics, including price, guidance, H3, H4, L3, and L4 levels, in a clean tabular format.
How It Works:
The script analyzes the specified tickers in the selected timeframe and computes guidance based on price movements relative to Camarilla levels.
It also incorporates RSI and ADX indicators to assess momentum and trend strength.
The results are displayed in a neatly organized table, allowing for quick decision-making.
Usage:
Intraday Traders: Leverage Camarilla pivot levels to identify key breakout or support/resistance areas for precise entry/exit decisions.
Swing Traders: Use the trend and momentum analysis from ADX and RSI to confirm market conditions and avoid false signals.
Customization:
Modify tickers and timeframe to match your trading strategy.
Adjust ADX and RSI parameters for specific trading preferences.
Disclaimer:
This screener is a tool for educational purposes and should not be used as financial advice. Always conduct your own research and due diligence before making trading decisions.
Multi-Indicator ScriptThis script combines multiple technical indicators to provide buy and sell signals on the price chart. The indicators included are MACD, RSI, CCI, and SMI. Each indicator generates signals based on specific conditions:
MACD: Buy signals are generated when the MACD line crosses above the signal line. Sell signals are generated when the MACD line crosses below the signal line.
RSI: Includes a simple moving average (SMA) of length 14. Buy signals are generated when the RSI crosses above the SMA. Sell signals are generated when the RSI crosses below the SMA.
CCI: Buy signals are generated when the CCI crosses above -100. Sell signals are generated when the CCI crosses below 100.
SMI: Buy signals are generated when the SMI line crosses above the SMI signal line. Sell signals are generated when the SMI line crosses below the SMI signal line.
The script plots green upward triangles for buy signals and red downward triangles for sell signals on the price chart. Each signal is labeled with the corresponding indicator code (MACD, RSI, CCI, SMI) to identify which indicator generated the signal.
Pivot & Source Cross StrategyPivot & ZoneCross Strategy V2
A powerful trading script combining Pivot Points, Retracement Zones, and Dynamic Stop-Loss Management. Suitable for beginners and advanced traders.
Introduction
This script enables traders to leverage Pivot Points and retracement zones for precise entry and exit points. Using price crossover detection and customizable stop-loss management, it offers a structured approach to trading various market conditions.
Features
Pivot Point Calculations: Select between Classic or Fibonacci methods for precise support and resistance levels.
Zone-Based Entry Signals: Identify price crossovers with retracement levels for optimal trade timing.
Customizable Stop-Loss Management: Automatically adjusts stop-loss levels to secure profits or limit losses.
Support for Market or Limit Orders: Choose instant market execution or specific limit entry points.
Flexible Inputs for Sources: Use Source First and Source Second to integrate external indicators like RSI and RSI MA, providing advanced customization options.
Visualization of Key Levels: Easily track retracement zones, Pivot Points, and stop-loss levels directly on the chart.
Configurable Conditions: Tailor entry/exit logic for your trading style.
How to Set Up
Choose Your Higher Timeframe (TIMEFRAME):
This determines the Pivot Points and retracement levels.
Example: Use “D” for daily pivots while trading on lower timeframes.
Select Entry Zone Patterns:
Define the pattern for detecting retracement levels:
xxx: Minor levels (steps of 10).
xx0: Intermediate levels (steps of 50).
x00: Major levels (steps of 100).
Set Entry Conditions for Long and Short Trades:
Activate or deactivate up/down conditions for xxx, xx0, or x00 patterns. Specify the count and range of crosses required for valid signals.
Configure Source Inputs (Source First and Source Second):
Assign external indicators such as RSI and RSI MA to refine entry conditions.
Tip: Adjust RSI settings in its separate indicator to suit your needs.
Select Your Order Type:
Choose between Market orders for instant execution or Limit orders for precision entries. Adjust offset zones for limit orders.
Set Up Stop-Loss Management:
Use dynamic stop-loss patterns with adjustable offsets:
HL: Stop-loss uses high/low levels of the zone.
Close: Stop-loss uses the closing price.
Customize Visualization Options:
Enable or disable xxx, xx0, x00, or 0 levels for cleaner charts. Adjust the display of retracement levels and stop-loss lines.
Apply and Monitor:
Attach the script to your chart, monitor entry/exit signals, and adjust parameters as needed.
How It Works
Calculates Pivot Points based on the chosen method ( Classic or Fibonacci ).
Detects price crossovers with retracement zones to identify potential entry points.
Dynamically adjusts stop-loss levels based on retracement zones and stop-loss patterns.
Supports both market and limit orders with customizable offsets for precise entries.
Allows integration of external sources like RSI for enhanced signal precision.
Important Notes
Use Source First and Source Second to input external indicators like RSI. You can configure RSI settings in its separate indicator to refine signals further.
Always test and optimize parameters before live trading.
Combine this script with your own analysis and proper risk management strategies.
This script is a tool to assist trading decisions but does not guarantee profits. Always trade responsibly.
Support and Resistance Non-Repainting [AlgoAlpha]Elevate your technical analysis with the Non-Repainting Support and Resistance indicator from AlgoAlpha. Designed for traders who value precision, this tool highlights key support and resistance zones without repainting, ensuring reliable signals for better market decisions.
Key Features
🔍 Concise Zones: Identifies critical levels in real-time without repainting.
🖍 Customizable Appearance: Choose your preferred colors for bullish and bearish zones.
📏 Pivot Sensitivity Settings: Adjust the lookback period to fit different market conditions.
🔔 Visual Alerts: Highlights zones on your chart with clear, dynamic boxes and lines.
How to Use
Add the Indicator : Add it to your favorites chart by clicking the star icon. Adjust the lookback period, max zone duration, and colors to match your strategy.
Analyze the Chart : Look for zones where prices frequently react, indicating strong support or resistance.
Set Alerts : Enable notifications for new zone formations and zone invalidations, ensuring you never miss critical market moves.
How It Works
The indicator detects pivot highs and lows using a specified lookback period. When a pivot is confirmed, it draws corresponding support or resistance zones using TradingView’s built-in drawing tools. These zones extend until price breaks through them or they expire based on a maximum allowed duration. The indicator continuously checks if price interacts with any active zones and adjusts accordingly, ensuring accurate and real-time visualization.
MACD Buy/Sell Labels + Barcolor👉 MACD Buy/Sell Labels + Barcolor
This advanced indicator combines the functionality of the MACD (Moving Average Convergence Divergence) with intuitive and customizable visual features, making it ideal for traders looking for an efficient tool to confirm buy and sell signals across any market.
It is based on the logical interpretation of a modified oscillator to improve its performance and simplify its usage. The indicator integrates seamlessly into the chart, offering an intuitive and easy-to-understand experience.
📍 Labels (Buy/Sell):
The signals are generated automatically by crossovers between the Fast EMA and Slow EMA of the Gaussian MACD. It comes with a default configuration designed to favor clean crossovers while avoiding false signals.
🧪 Barcolor:
The color of the candles dynamically changes according to the range of the Gaussian MACD histogram. This allows for a clear visualization of the MACD's status without needing to display the full oscillator. This feature integrates with the labels, as explained in the "Interpretation" section, to significantly increase their probability of success. Both the ranges and colors are fully customizable through the settings panel.
⚙️ Settings:
All aspects of the indicator can be customized:
1-MACD: Like a standard MACD, you can adjust the EMA lengths and the signal smoothing to adapt it to your trading style and the markets you trade.
2-Barcolor: The predefined values highlight extreme levels for proper interpretation, as explained in the "Interpretation" section. However, intermediate levels are also included in case you want to implement them in your strategy. You can adjust these values based on what you consider "overbought" or "oversold." This flexibility allows adaptation to various assets, as oscillator behavior varies across different instruments.
3-Buy/Sell Filter:
The filter settings allow you to further refine the signals. The default values of -70 (Buy Filter) and 80 (Sell Filter) work best for me, but you can adjust them as you see fit. Keep in mind:
-Higher distance from zero: More filtered signals (fewer, but higher quality).
-Closer to zero: Less filtered signals (more frequent, but with increased risk of false signals).
🤔 Interpretation:
As mentioned earlier, this follows the classic interpretation of a MACD oscillator: overbought/oversold levels combined with crossovers. However, the barcolor variable is what makes this indicator truly unique.
With barcolor, you can detect potential divergences and confirm them using the labels. When the oscillator reaches an extreme zone, barcolor provides a visual alert. Once the oscillator exits this zone, the candles revert to their normal color. This signals that the oscillator is dropping. If the price continues rising, this divergence can indicate an anomaly in the market. Waiting for confirmation from the label increases the probability of successful trades while detecting unusual market deviations without even looking at the oscillator.
Purpose:
This indicator is designed to help traders simplify the interpretation of the MACD. It can be used on any timeframe, but it was primarily tested using technical analysis concepts and basic liquidity principles. Its effectiveness improves significantly if you understand broader market dynamics.
Disclaimer:
This is purely an analytical tool and should NOT be considered as trading signals. Perform your own research and make decisions based solely on your responsibility. Thank you!
Strategy Impulse Pivot EU - [AstroHub]The strategy is built on analyzing market impulses and their intensity. Its main goal is to help traders identify critical market moments when significant changes occur, signaling either a trend continuation or reversal.
Core Methodology
Impulse Movement
Measured by the difference between the current price and the previous bar’s price.
The indicator filters out minor fluctuations, focusing on meaningful changes.
Color Interpretation
Candles are color-coded based on the strength and direction of the impulse, providing a quick graphical understanding:
Green candles: Indicate moderate price growth, potentially signaling the end of the current trend.
Red candles: Reflect moderate price decline, possibly indicating a trend reversal.
Orange candles: Highlight strong price movements in either direction, signaling a potential trend continuation or reversal.
When a Signal Appears
Impulse Threshold : The price must change by at least a specified number of pips (e.g., 30 pips). This filters out weak movements.
Movement Intensity : Impulse is calculated and compared against threshold values to determine the signal’s strength.
Time Filter : Signals are generated 10 seconds before the hourly bar closes (at 59 minutes and 50 seconds). This ensures traders can prepare to act promptly.
Interpreting the Signals
Green Candle
Moderate price growth: A possible moment to take profit on long positions or open short positions.
Red Candle
Moderate price decline: A potential signal to open long positions or close short positions.
Orange Candle
Strong impulse movement:
If the price rises: A likely continuation of an upward trend.
If the price falls: A probable intensification of the downward trend.
I recommend using it on currency pairs with a 1-hour and 4-hour chart. EUR/USD, AUD/USD
Indicator Features
Impulse Analysis : The indicator highlights only significant price changes, ignoring market "noise."
Color Interpretation : Every movement is color-coded, simplifying the visualization of market dynamics.
Time Filter : Signals appear at critical moments — right before the hour closes. This enhances reliability and gives traders time to react.
Opening Levels : The indicator automatically marks opening levels for significant signals on the chart, helping traders visualize entry and exit zones.
Closed Code : The unique logic is protected, preventing unauthorized copying
Conclusion
This indicator is a powerful tool for analyzing impulse movements and their impact on the market. Its logic is straightforward, and its visualization makes signals easy to interpret. Suitable for both beginners and experienced traders, it offers clear entry and exit points with minimal false signal
BKLevelsThis displays levels from a text input, levels from certain times on the previous day, and high/low/close from previous day. The levels are drawn for the date in the first line of the text input. Newlines are required between each level
Example text input:
2024-12-17
SPY,606,5,1,Lower Hvol Range,FIRM
SPY,611,1,1,Last 20K CBlock,FIRM
SPY,600,2,1,Last 20K PBlock,FIRM
SPX,6085,1,1,HvolC,FIRM
SPX,6080,2,1,HvolP,FIRM
SPX,6095,3,1,Upper PDVR,FIRM
SPX,6060,3,1,Lower PDVR,FIRM
For each line, the format is ,,,,,
For color, there are 9 possible user- configurable colors- so you can input numbers 1 through 9
For line style, the possible inputs are:
"FIRM" -> solid line
"SHORT_DASH" -> dotted line
"MEDIUM_DASH" -> dashed line
"LONG_DASH" -> dashed line
Fibonacci Time-Price Zones🟩 Fibonacci Time-Price Zones is a chart visualization tool that combines Fibonacci ratios with time-based and price-based geometry to analyze market behavior. Unlike typical Fibonacci indicators that focus solely on horizontal price levels, this indicator incorporates time into the analysis, providing a more dynamic perspective on price action.
The indicator offers multiple ways to visualize Fibonacci relationships. Drawing segmented circles creates a unique perspective on price action by incorporating time into the analysis. These segmented circles, similar to TradingView's built-in Fibonacci Circles, are derived from Fibonacci time and price levels, allowing traders to identify potential turning points based on the dynamic interaction between price and time.
As another distinct visualization method, the indicator incorporates orthogonal patterns, created by the intersection of horizontal and vertical Fibonacci levels. These intersections form L-shaped connections on the chart, derived from key Fibonacci price and time intervals, highlighting potential areas of support or resistance at specific points in time.
In addition to these geometric approaches, another option is sloped lines, which project Fibonacci levels that account for both time and price along the trendline. These projections derive their angles from the interplay between Fibonacci price levels and Fibonacci time intervals, creating dynamic zones on the chart. The slope of these lines reflects the direction and angle of the trend, providing a visual representation of price alignment with market direction, while maintaining the time-price relationship unique to this indicator
The indicator also includes horizontal Fibonacci levels similar to traditional retracement and extension tools. However, unlike standard tools, traders can display retracement levels, extension levels, or both simultaneously from a single instance of the indicator. These horizontal levels maintain consistency with the chosen visualization method, automatically scaling and adapting whether used with circles, orthogonal patterns, or slope-based analysis.
By combining these distinct methods—circles, orthogonal patterns, sloped projections, and horizontal levels—the indicator provides a comprehensive approach to Fibonacci analysis based on both time and price relationships. Each visualization method offers a unique perspective on market structure while maintaining the core principle of time-price interaction.
⭕ THEORY AND CONCEPT ⭕
While traditional Fibonacci tools excel at identifying potential support and resistance levels through price-based ratios (0.236, 0.382, 0.618), they do not incorporate the dimension of time in market analysis. Extensions and retracements effectively measure price relationships within trends, yet markets move through both price and time dimensions simultaneously.
Fibonacci circles represent an evolution in technical analysis by incorporating time intervals alongside price levels. Based on the mathematical principle that markets often move in circular patterns proportional to Fibonacci ratios, these circles project potential support and resistance zones as partial circles radiating from significant price points. However, traditional circle-based tools can create visual complexity that obscures key market relationships. The integration of time into Fibonacci analysis reveals how price movements often respect both temporal and price-based ratios, suggesting a deeper geometric structure to market behavior.
The Fibonacci Time-Price Zones indicator advances these concepts by providing multiple geometric approaches to visualize time-price relationships. Each shape option—circles, orthogonal patterns, slopes, and horizontal levels—represents a different mathematical perspective on how Fibonacci ratios manifest across both dimensions. This multi-faceted approach allows traders to observe how price responds to Fibonacci-based zones that account for both time and price movements, potentially revealing market structure that purely price-based tools might miss.
Shape Options
The indicator employs four distinct geometric approaches to analyze Fibonacci relationships across time and price dimensions:
Circular : Represents the cyclical nature of market movements through partial circles, where each radius is scaled by Fibonacci ratios incorporating both time and price components. This geometry suggests market movements may follow proportional circular paths from significant pivot points, reflecting the harmonic relationship between time and price.
Orthogonal : Constructs L-shaped patterns that separate the time and price components of Fibonacci relationships. The horizontal component represents price levels, while the vertical component measures time intervals, allowing analysis of how these dimensions interact independently at key market points.
Sloped : Projects Fibonacci levels along the prevailing trend, incorporating both time and price in the angle of projection. This approach suggests that support and resistance levels may maintain their relationship to price while adjusting to the temporal flow of the market.
Horizontal : Provides traditional static Fibonacci levels that serve as a reference point for comparing price-only analysis with the dynamic time-price relationships shown in the other three shapes. This baseline approach allows traders to evaluate how the incorporation of time dimension enhances or modifies traditional Fibonacci analysis.
By combining these geometric approaches, the Fibonacci Time-Price Zones indicator creates a comprehensive analytical framework that bridges traditional and advanced Fibonacci analysis. The horizontal levels serve as familiar reference points, while the dynamic elements—circular, orthogonal, and sloped projections—reveal how price action responds to temporal relationships. This multi-dimensional approach enables traders to study market structure through various geometric lenses, providing deeper insights into time-price symmetry within technical analysis. Whether applied to retracements, extensions, or trend analysis, the indicator offers a structured methodology for understanding how markets move through both price and time dimensions.
🛠️ CONFIGURATION AND SETTINGS 🛠️
The Fibonacci Time-Price Zones indicator offers a range of configurable settings to tailor its functionality and visual representation to your specific analysis needs. These options allow you to customize zone visibility, structures, horizontal lines, and other features.
Important Note: The indicator's calculations are anchored to user-defined start and end points on the chart. When switching between charts with significantly different price scales (e.g., from Bitcoin at $100,000 to Silver at $30), adjustment of these anchor points is required to ensure correct positioning of the Fibonacci elements.
Fibonacci Levels
The indicator allows users to customize Fibonacci levels for both retracement and extension analysis. Each level can be individually configured with the following options:
Visibility : Toggle the visibility of each level to focus on specific areas of interest.
Level Value : Set the Fibonacci ratio for the level, such as 0.618 or 1.000, to align with your analysis needs.
Color : Customize the color of each level for better visual clarity.
Line Thickness : Adjust the line thickness to emphasize critical levels or maintain a cleaner chart.
Setup
Zone Type : Select which Fibonacci zones to display:
- Retracement : Shows potential pull back levels within the trend
- Extension : Projects levels beyond the trend for potential continuation targets
- Both : Displays both retracement and extension zones simultaneously
Shape : Choose from four visualization methods:
- Circular : Time-price based semicircles centered on point B
- Orthogonal : L-shaped patterns combining time and price levels
- Sloped : Trend-aligned projections of Fibonacci levels
- Horizontal : Traditional horizontal Fibonacci levels
Visual Settings
Fill % : Adjusts the fill intensity of zones:
0% : No fill between levels
100% : Maximum fill between levels
Lines :
Trendline : The base A-B trend with customizable color
Extension : B-C projection line
Retracement : B-D pullback line
Labels :
Points : Show/hide A, B, C, D markers
Levels : Show/hide Fibonacci percentages
Time-Price Points
Set the time and price for the points that define the Fibonacci zones and horizontal levels. These points are defined upon loading the chart. These points can be configured directly in the settings or adjusted interactively on the live chart.
A and B Points : These user-defined time and price points determine the basis for calculating the semicircles and Fibonacci levels. While the settings panel displays their exact values for fine-tuning, the easiest way to modify these points is by dragging them directly on the chart for quick adjustments.
Interactive Adjustments : Any changes made to the points on the chart will automatically synchronize with the settings panel, ensuring consistency and precision.
🖼️ CHART EXAMPLES 🖼️
Fibonacci Time-Price Zones using the 'Circular' Shape option. Note the price interaction at the 0.786 level, which acts as a support zone. Additional points of interest include resistance near the 0.618 level and consolidation around the 0.5 level, highlighting the utility of both horizontal and semicircular Fibonacci projections in identifying key price areas.
Fibonacci Time-Price Zones using the 'Sloped' Shape option. The chart displays price retracing along the sloped Fibonacci levels, with blue arrows highlighting potential support zones at 0.618 and 0.786, and a red arrow indicating potential resistance at the 1.0 level. This visual representation aligns with the prevailing downtrend, suggesting potential selling pressure at the 1.0 Fibonacci level.
Fibonacci Time-Price Zones using the 'Orthogonal' Shape option. The chart demonstrates price action interacting with vertical zones created by the orthogonal lines at the 0.618, 0.786, and 1.0 Fibonacci levels. Blue arrows highlight potential support areas, while red arrows indicate potential resistance areas, revealing how the orthogonal lines can identify distinct points of price interaction.
Fibonacci Time-Price Zones using the 'Circular' Shape option. The chart displays price action in relation to segmented circles emanating from the starting point (point A). The circles represent different Fibonacci ratios (0.382, 0.5, 0.618, 0.786) and their intersections with the price axis create potential zones of support and resistance. This approach offers a visually distinct way to analyze potential turning points based on both price and time.
Fibonacci Time-Price Zones using the 'Sloped' Shape option. The sloped Fibonacci levels (0.786, 0.618, 0.5) create zones of potential support and resistance, with price finding clear interaction within these areas. The ellipses highlight this price action, particularly the support between 0.786 and 0.618, which aligns closely with the trend.
Fibonacci Time-Price Zones using the 'Circular' Shape option. The price action appears to be ‘hugging’ the 0.5 Fibonacci level, suggesting potential resistance. This demonstrates how the circular zones can identify potential turning points and areas of consolidation which might not be seen with linear analysis.
Fibonacci Time-Price Zones using the 'Sloped' Shape option with Point D marker enabled. The chart demonstrates clear price action closely following along the sloped Retracement line until the orthogonal intersection at the 0.618 levels where the trend is broken and price dips throughout the 0.618 to 0.786 horizontal zone. Price jumps back to the retracement slope at the start of the 0.786 horizontal zone and continues to the 1.0 horizontal zone. The aqua-colored retracement line is enabled to further emphasize this retracement slope .
Geometric validation using TradingView's built-in Fibonacci Circle tool (overlaid). The alignment at the 0.5 and 1.0 levels demonstrates the indicator's consistent approximation of Fibonacci Circles.
Comparison of Fibonacci Time-Price Zones (Shape: Horizontal) with TradingView's Built-in Retracement and Extension Tools (overlaid): This example demonstrates how the Horizontal structure aligns with TradingView’s retracement and extension levels, allowing users to integrate multiple tools seamlessly. The Fibonacci circle connects retracement and extension zones, highlighting the potential relationship between past retracements and future extensions.
📐 GEOMETRIC FOUNDATIONS 📐
This indicator integrates circular and straight representations of Fibonacci levels, specifically the Circular , Orthogonal , Sloped , and Horizontal shape options. The geometric principles behind these shapes differ significantly, requiring distinct scaling methods for accurate representation. The Circular shape employs logarithmic scaling with radial expansion, where the distance from a central point determines the level's position, creating partial circles that align with TradingView's built-in Fibonacci Circle tool. The other three shapes utilize geometric progression scaling for linear extension from a starting point, resulting in straight lines that align with TradingView's built-in Fibonacci retracement and extension tools. Due to these distinct geometric foundations and scaling methods, perfectly aligning both the partial circles and straight lines simultaneously is mathematically constrained, though any differences are typically visually imperceptible.
The Circular shape's partial circles are calculated and scaled to align with TradingView's built-in Fibonacci Circles. These circles are plotted from the second swing point onward. This approach ensures consistent and accurate visualization across all market types, including those with gaps or closed sessions, which unlike 24/7 markets, do not have a direct one-to-one correspondence between bar indices and time. To maintain accurate geometric proportions across varying chart scales, the indicator calculates an aspect ratio by normalizing the proportional difference between vertical (price) and horizontal (time) distances of the swing points. This normalization factor ensures geometric shapes maintain their mathematical properties regardless of price scale magnitude or time period span, while maintaining the correct proportions of the geometric constructions at any chart zoom level.
The indicator automatically applies the appropriate scaling factor based on the selected shape option, optimizing either circular proportions and proper radius calculations for each Fibonacci level, or straight-line relationships between Fibonacci levels. These distinct scaling approaches maintain mathematical integrity while preserving the essential characteristics of each geometric representation, ensuring optimal visualization accuracy whether using circular or linear shapes.
⚠️ DISCLAIMER ⚠️
The Fibonacci Time-Price Zones indicator is a visual analysis tool designed to illustrate Fibonacci relationships through geometric constructions incorporating both curved and straight lines, providing a structured framework for identifying potential areas of price interaction. It is not intended as a predictive or standalone trading signal indicator.
The indicator calculates levels and projections using user-defined anchor points and Fibonacci ratios. While it aims to align with TradingView’s Fibonacci extension, retracement, and circle tools by employing mathematical and geometric formulas, no guarantee is made that its calculations are identical to TradingView's proprietary methods.
Like all technical and visual indicators, these visual representations may visually align with key price zones in hindsight, reflecting observed price dynamics. However, these visualizations are not standalone signals for trading decisions and should be interpreted as part of a broader analytical approach.
This indicator is intended for educational and analytical purposes, complementing other tools and methods of market analysis. Users are encouraged to integrate it into a comprehensive trading strategy, customizing its settings to suit their specific needs and market conditions.
🧠 BEYOND THE CODE 🧠
The Fibonacci Time-Price Zones indicator is designed to encourage both education and community engagement. By integrating time-sensitive geometry with Fibonacci-based frameworks, it bridges traditional grid-based analysis with dynamic time-price relationships. The inclusion of semicircles, horizontal levels, orthogonal structures, and sloped trends provides users with versatile tools to explore the interaction between price movements and temporal intervals while maintaining clarity and adaptability.
As an open-source tool, the indicator invites exploration, experimentation, and customization. Whether used as a standalone resource or alongside other technical strategies, it serves as a practical and educational framework for understanding market structure and Fibonacci relationships in greater depth.
Your feedback and contributions are essential to refining and enhancing the Fibonacci Time-Price Zones indicator. We look forward to the creative applications, adaptations, and insights this tool inspires within the trading community.
