Time Range HighlighterThis indicator highlights up to two custom time ranges on your chart with fully adjustable settings:
🔧 Features:
Define two separate time sessions
Set custom start and end times (in any time zone)
Choose unique highlight colors and opacity for each session
Toggle each range on or off independently
Timezone input allows syncing sessions to any global market hours (e.g., UTC, Asia/Tehran, New York)
🕒 Example Use Cases:
Highlight market opening hours (e.g. NYSE: 0930–1600)
Track your personal trading hours or peak volatility sessions
Visualize specific algorithm time filters
📌 Usage:
Enter your desired timezone string (e.g., "Asia/Tehran" or "Etc/UTC")
Customize session times like "0930-1200" and "1500-1700"
Adjust colors and visibility to fit your strategy
Ideal for traders who rely on time-based setups or session overlays.
Recherche dans les scripts pour "range"
ORB - Openning Range BreakoutORB - Opening Range Breakout (Indicator)
This indicator visualizes the Opening Range Breakout (ORB) for the New York market session (9:30 AM – 4:00 PM NY), highlighting the High and Low of the first 5 minutes of the session.
Key Features:
Automatically calculates the High and Low of the 9:30 AM candle and updates if subsequent candles expand the range within the first 5 minutes.
Plots invisible lines representing the High and Low of the opening range throughout the session.
Fills the area between High and Low with a semi-transparent background, clearly showing the opening range zone.
Works on any intraday timeframe and adapts automatically to the NY session.
Perfect for breakout strategies, visually marking early support and resistance zones.
How to Use:
The shaded area between High and Low indicates the opening range.
Traders can watch for breakouts above the High or breakdowns below the Low for potential entry signals.
Can be combined with trend or volume indicators for confirmation.
Notes:
The session is automatically calculated using New York time.
Background transparency can be adjusted to your preference.
Opening Range HarmoniX
This is an all-in-one, modular toolkit designed for intraday traders, especially those focusing on the New York session. It combines a fully customizable Opening Range (OR) with a suite of essential indicators (Moving Average, VWAP, Supertrend, and Pivots) to provide a complete and clean view of the market.
All modules (indicators) can be toggled on or off individually, and the entire settings menu is fully translated in both English and Farsi (Persian).
Key Features
1. Customizable Opening Range (OR):
Range Timeframe: Set your OR timeframe (5, 15, or 30 min).
Precise Start Time: Define the exact start hour and minute (default 9:30 NY Time).
Key Levels: Includes OR High, OR Low, and a crucial Mid Line for price equilibrium.
Extension Method: Choose how lines extend: "Until NY Session Close" (16:00) or for a fixed "Number of Bars".
Full Styling: Complete control over color, width, and line style (solid, dashed, dotted) for all levels.
2. Dynamic Day Label:
Automatically displays the day of the week (in English or Farsi) and the selected OR timeframe (e.g., "Monday - 15m") at the start of the range.
3. Built-in Indicator Suite (All Toggleable):
Moving Average (MA):
Multiple Types: Choose from SMA, EMA, WMA, HMA, or VWMA.
Dynamic Coloring: MA line color automatically changes based on its upward (Uptrend) or downward (Downtrend) slope.
VWAP (Daily):
Features similar dynamic coloring to quickly identify the intraday trend bias.
Supertrend:
A classic trend-following tool with customizable ATR Period and Factor.
Dynamic trend-based coloring (uptrend/downtrend).
Pivot Points:
Classic high/low pivots with customizable lookback periods (left/right) to spot key turning points in the market.
💡 Core Concept
Use the Opening Range levels (High, Low, and Mid) as primary support/resistance and to establish the bias for the day. Then, use the additional indicators (MA, VWAP, Supertrend) to confirm trend direction and identify entry/exit opportunities in relation to the OR levels.
Inside Bar Range Boxes — Volume Break out by Sparkfx v2 Confirm on close + buffer ticks (close must beat the box by a cushion)
Minimum box size (in ATR or %)
Minimum “compression length” (N consecutive inside bars)
Trend filter (EMA 200) (only buy above / sell below)
Volume filter (breakout vol > SMA vol)
Cooldown (no new signals for X bars after a breakout)
Mother-bar range box: When a candle is inside the previous candle (high ≤ prev high AND low ≥ prev low), the script marks the previous bar as the mother bar and draws a shaded box from that bar’s high/low.
The box extends to the right until price breaks out above the high or below the low.
On breakout it can color the border (green = up, red = down), optionally print BUY/SELL labels, and either keep the box or delete it.
Visuals
Box Fill / Border / Width: appearance of the range.
Bull/Bear Break Border: colors used once a breakout is detected.
Show BUY/SELL arrows: show small labels at the breakout.
Keep old boxes after breakout: leave history on chart.
Extend box forward (bars): safety limit so boxes don’t run forever.
Shrink to each NEW inside bar: if another inside bar appears within the active box, the range tightens to that newest mother
Require bar close outside box: wait for a candle close to confirm the break (less noise).
Buffer (ticks): require price to clear the box by N ticks (prevents 1-tick fakeouts).
Min box size (ATR x) and ATR length: ignore tiny boxes (e.g., min 0.25× ATR).
Min consecutive inside bars: only start a box after 2+ consecutive inside bars (more compression = cleaner moves).
Cooldown after breakout (bars): suppress new signals for X bars after a break..
Trend filter (EMA 200):
Buy only if price > EMA(200)
Sell only if price < EMA(200)
Volume filter: breakout volume must be > SMA(volume).
Maintain box: extend right each bar; optionally shrink to newer inside bars.
Breakout test:
Up: (close or high) > boxHigh + buffer
Down: (close or low) < boxLow - buffer
Apply trend, volume, and cooldown filters.
On breakout: color border (green/red), place label if enabled, optionally keep or delete the box, and fire an alertcondition.
Alerts included
Inside Bar Bullish Breakout (Filtered)
Inside Bar Bearish Breakout (Filtered)
They only trigger when all enabled filters pass.
How to use (quick playbook)
Turn on Require close and set Buffer = 1–2 ticks.
Set Min box size = 0.25–0.40 ATR, Min consecutive inside bars = 2.
Enable Trend filter (EMA 200) and optionally Cooldown = 5–10 bars.
Trade breakouts in the trend direction; place stops beyond the opposite side of the box.
If you want more trades, loosen ATR multiple or turn off the trend filter; if it’s too chatty, increase ATR multiple / consecutive bars.
Why your boxes may differ from other indicators
This script uses high/low wicks with optional tightening (if enabled), tolerance buffer, confirmation on close, and extra filters—all of which can make boxes and signals diverge from a “pure” inside-bar tool that draws on first detection without filters.
EM Range (VIX1D PrevClose • Close & Hi/Lo, N-Day View)What this indicator does
This study projects a one-day expected move (EM) from the CBOE:VIX1D using a simple 1-σ model with 252 trading days. It visualizes the possible intraday range from three anchors and also gives a T+1 forecast using today’s real-time VIX1D:
• PrevClose ±σ (solid) – a symmetric bracket around yesterday’s close.
• Low → Upper (dashed) – the upper bound implied from today’s low.
• High → Lower (dashed) – the lower bound implied from today’s high.
• NextDay (solid, optional) – tomorrow’s expected bracket built from the current price using today’s VIX1D (intraday it updates; after the daily close it freezes to the daily close).
All ranges are plotted in points, not percentages.
How it’s computed
Let σ = (VIX1D/100)/sqrt(252) * multiplier.
• PrevClose bands: prevClose * (1 ± σ) using yesterday’s VIX1D close.
• Low → Upper: todayLow * (1 + σ) using yesterday’s VIX1D close.
• High → Lower: todayHigh * (1 − σ) using yesterday’s VIX1D close.
• NextDay (T+1): currentPrice * (1 ± σ_today) where σ_today uses today’s VIX1D (real-time via 15m/30m/60m fallbacks; after session close it uses the daily close).
What you’ll see on the chart
• Two solid lines (PrevClose ±σ), two dashed lines (from Low/High).
• Optional blue solid lines for NextDay ±σ (toggle).
• Lines are per-day segments (not infinite). Yesterday’s dashed lines are carried into today for quick context; other lines do not carry across days.
• Colors are fully configurable; defaults use a deep, high-contrast palette tuned for dark backgrounds.
N-Day history (no over-extension)
Use “Show last N days” to display previous sessions. Historical lines are drawn only within their own day (clean separation of regimes).
Compact table (top-right by default)
The on-chart table shows concise, single-line rows:
• VIX1D−1: yesterday’s VIX1D close | ±EM (points) from PrevClose
• VIX1D (RT): today’s real-time VIX1D | ±EM (points) from current price
• Prev ±σ: numeric around PrevClose
• L → Upper: today’s low and its implied upper bound
• H → Lower: today’s high and its implied lower bound
• NextDay: tomorrow’s implied from current price
• >±σ: count of daily closes that finished outside PrevClose ±σ over the last N−1 completed days (with up/down breakdown)
Inputs & options
• VIX1D symbol: default CBOE:VIX1D.
• σ multiplier: default 1.0 (try 0.5 / 1.5 / 2.0 based on your risk model).
• Show last N days: how many sessions to render (incl. today).
• Show NextDay lines (blue): on/off toggle.
• Line width and color pickers for each band type.
• Table position: top/bottom, left/right.
Works on…
• Any instrument priced in points (stocks, ETFs, futures incl. ES).
• Any timeframe. For the T+1 forecast, the price anchor is real-time on intraday charts; on higher timeframes it uses an intraday proxy (60-minute) intraday and switches to the daily close after session end.
Notes & good practice
• VIX1D is an implied daily move proxy; it’s not a guarantee. Treat bands as probabilistic, not absolute barriers.
• The outside-±σ close count is a quick sanity check on how often price exceeds the one-day expectation—useful for regime awareness and sizing.
• If your market isn’t well-described by VIX1D (e.g., non-US hours or crypto), consider substituting a more relevant vol index.
Disclaimer: This tool is for research/education only and is not financial advice. Always manage risk.
Opening Range Gaps [TakingProphets]What is an Opening Range Gap (ORG)?
In ICT, the Opening Range Gap is defined as the price difference between the previous session’s close (e.g., 4:00 PM EST in U.S. indices) and the current day’s open (9:30 AM EST).
That gap is a liquidity void—an area where no trading occurred during regular hours.
Why ICT Traders Care About ORG
Liquidity Void (Gap Fill Logic)
-Because the gap is an untraded area, it naturally acts as a draw on liquidity.
-Price often seeks to rebalance by retracing into or fully filling this void.
Premium/Discount Sensitivity
-Once the ORG is defined, ICT treats it as a mini dealing range.
-Above EQ (Consequent Encroachment) = algorithmic premium (sell-sensitive).
-Below EQ = algorithmic discount (buy-sensitive).
-Price reaction at these levels gives a precise read on institutional intent intraday.
Support/Resistance from ORG
-If the session opens above prior close, the gap often acts as support until violated.
-If the session opens below prior close, the gap often acts as resistance until reclaimed.
Key ICT Concepts Anchored to ORG
Consequent Encroachment (CE): The midpoint of the gap. The algo is highly sensitive to CE as a decision point: reject → continuation; reclaim → reversal.
Draw on Liquidity (DoL): Price is algorithmically “pulled” toward gap fills, CE, or the opposite side of the ORG.
Order Flow Confirmation: If price ignores the gap and runs away from it, this signals strong institutional order flow in that direction.
Confluence with Other Tools: FVGs, OBs, and HTF PD arrays often overlap with ORG levels, strengthening setups.
Practical Application for Traders
Bias Formation:
Use ORG EQ as a line in the sand for intraday bias.
If price trades below ORG EQ after the open → look for short setups into the prior day’s low or external liquidity.
If price trades above ORG EQ → favor longs into highs/liquidity pools.
Execution Framework:
Wait for liquidity raids or market structure shifts at ORG edges (.00, .25, .50, .75).
Target: EQ, opposite quarter, or full gap fill.
Precision Reads:
ORG lines let traders anticipate where algorithms are likely to respond, providing mechanical invalidation and clear targets without clutter.
Open Range Breakout (ORB) with Alerts and LabelsThis is a classic 5min ORB indicator that highlights the orb range for your chosen session. This makes it easy to reference the range later in the trading day. In addition to the original orb signals for both buy and sell you can play off that zone for powerful entries later in the session. The signals give TP1 1:1 TP2 2:1
Options
You can set the name of the session
The color of the range.
The buffer for the SL
How many entries for the orb
Sessions RangeThis script clearly displays the price ranges (High–Low) of the main sessions—Sydney, Tokyo, London, and New York—with boxes on the chart and marked levels. Level labels can display price and date (or day of the week) in the time zone of your choice (GMT).
Main Features
Boxes by session: Visually highlight the range for each session.
High/Low levels: Lines at the session extremes, with configurable length.
Smart labels: If you choose to show "on the right," only active (unmitigated) levels track the price; when mitigated, they return to their starting point, keeping the chart clean.
Flexible date: Choose between day of the month (with time) or day of the week.
Alerts (optional): Notification when a level is broken.
Notes
The time zone displayed on the labels follows the chosen GMT, regardless of the chart time zone.
You can choose to extend levels until they are mitigated or beyond, depending on your reading.
Average Daily Range TrackerAverage Daily Range Tracker
This indicator helps you measure volatility in real time by tracking the Average Daily Range (ADR) and comparing it to the current day’s price action.
🔑 Features
Calculates the ADR over a user-defined lookback period (default = 14 days).
Displays today’s developing range (High–Low) as the session unfolds.
Shows what % of the ADR has already been consumed intraday.
Visual progress bar makes it easy to see how close today is to its historical average range.
Optional ADR plot available in a separate pane.
📈 How traders use it
Spot when a market has already made its “typical” daily move.
Adjust intraday trade expectations: avoid chasing after the bulk of the move is done.
Use % of ADR consumed as a volatility filter for setups.
Combine with support/resistance to identify exhaustion zones.
⚙️ Customization
Lookback length for ADR calculation.
Progress bar size and color.
Optional toggle to plot ADR in its own panel.
Renko Open Range delta
Delta Renko-Style Indicator Guide (NQ Focus)
This indicator takes inspiration from the Renko Chart concept and is optimized for the RTH session (New York time zone), specifically applied to the Nasdaq futures (NQ) product.
If you’re unfamiliar with Renko charts, it may help to review their basics first, as this indicator borrows their clean, block-based perspective to simplify price interpretation.
⸻
🔧 How the Indicator Works
• At market open (9:30 AM EST), the indicator plots a horizontal open price line, referred to as 0 delta.
• From this anchor, it plots 10 incremental levels (deltas) both above and below the open, each spaced by 62.5 NQ points.
Why 62.5?
• With NQ currently trading in the 23,000–24,000 range, a 62.5-point move represents roughly 0.26% of the daily average range.
• This makes each delta step significant enough to capture movement while filtering out smaller noise.
A mini table (location adjustable) displays:
• Current delta zone
• Last touched delta level
This gives you a quick snapshot of where price sits relative to the open.
⸻
📈 How to Read the Market
• At the open, price typically oscillates between 0 and +1 / -1 delta.
• A break beyond this zone often signals stronger directional intent:
• Trending day: price can push into +2, +3, +4, +5 (or the inverse for downside).
• Range day: expect price to bounce between +1, 0, -1 deltas.
⚠️ Note: This is a visualization tool, not a trading system. Its purpose is to help you quickly recognize range vs. trend conditions.
⸻
📊 Example
• In this case, NQ reached +1 delta shortly after open.
• A retest of 0 delta followed, and price later surged to +5/+6 deltas (helped by Fed news).
⸻
🛠️ Practical Uses
This indicator can help you:
• Define profit targets
• Place hard stop levels
• Gauge whether a counter-trend trade is worth the risk
⚠️ Caution: Avoid counter-trend trades if price is aggressively pushing toward +5/+6 or -5/-6 deltas, as trend exhaustion usually hasn’t set in yet.
⸻
🔄 Adapting for ES (S&P Futures)
• On NQ, 62.5 points ≈ $1,250 per contract.
• For ES, this translates to 25 points.
• Since 1 NQ contract ≈ 2 ES contracts in dollar terms, an optimized ES delta step would be 12.5 points.
You may also experiment with different delta values (e.g., 50 or 31.25 for NQ) to align with your risk profile and trading style.
⸻
🧪 Extending Beyond NQ
You can experiment with applying this indicator to ES or even stocks, but non-futures assets may require additional calibration and testing.
⸻
✅ Bottom line: This tool provides a clean, Renko-inspired framework for quickly gauging trend vs. range conditions, setting realistic profit targets, and avoiding poor counter-trend setups.
Major Lows OscillatorDescription
The Major Lows Oscillator is a custom technical indicator designed to identify significant low-price areas by normalizing the current closing price relative to recent lowest lows and highest highs. The oscillator calculates a normalized price percentage over a configurable lookback period, applies exponential moving averages for smoothing, and inverts the result to highlight potential market bottoms.
Calculation Details
Lowest Low Lookback : Finds the lowest low over a user-defined period (default 100 bars).
Highest High Lookback : Calculates the highest high over a short period (default 1 bar), providing a dynamic normalization range.
Normalization : Normalizes the current close within the range defined by the lowest low and highest high, scaled to 0-100.
Smoothing : Applies a 10-period EMA, inversion, and weighted smoothing combining the last valid value and current oscillator reading.
Final Output : Applies a final EMA (period 1) and inverts the oscillator (100 - value) to emphasize major lows.
Features
Customizable midline level for signal alerts (default 50).
Visual midline reference line.
Alerts trigger on oscillator crossing below midline for automated monitoring.
Usage
Useful for complementing existing setups or integration in algorithmic trading strategies.
Changing the input parameters opens new ways to leverage the asymmetric range concept, allowing adaptation to different market regimes and enhancing the oscillator’s sensitivity and utility.
Examples of input combinations and their potential purposes include:
Extremely Asymmetric Setting: Lowest Low Lookback = 200, Highest High Lookback = 1
Focuses on deep long-term lows contrasted with immediate highs, ideal for spotting strong oversold levels within an otherwise bullish short-term momentum.
Symmetric Lookbacks: Lowest Low Lookback = Highest High Lookback = 50
Balances the range equally, creating a normalized oscillator that treats recent lows and highs with the same weight — useful for markets with balanced volatility.
Short but Equal Lookbacks: Lowest Low Lookback = Highest High Lookback = 10
Highly sensitive to recent price swings, this setting can detect rapid shifts and is suited for intraday or very short-term trading.
Inverted Extreme: Lowest Low Lookback = 1, Highest High Lookback = 100
Highlights very recent lows against a long-term high range, possibly signaling quick dips in a generally overextended market.
Inputs
Midline Level : Threshold for alerts (default 50).
Lowest Low Lookback Period : Bars evaluated for lowest low (default 100).
Highest High Lookback Period : Bars evaluated for highest high (default 1).
Alerts
Configured to trigger once per bar close when the oscillator crosses below the midline level.
---
Disclaimer
This indicator is for educational and analytical use only.
Dr. Fib - FGBAB - Open Range Breakout for Stocks V1.0This Open Range Breakout Indicator (ORB) helps your discretionary trading when looking for breakouts on the 15 mins range.
This indicator helps your discretionary trading by allowing visual settings that helps discretionary trades to make faster decisions.
It will provide you will the following on-screen information:
- ORB HIGH and LOW: The Open Range Breakout set by the input parameters, for example the first 15 mins RTH Open from 9:30 to 6:45.-
- ORB MID: The ORB mid point for reference, generally the price tends to return and bounce from the 50% ORB.
Reward to Risk posible targets for LONG and SHORT trades: This will provide target value references, it is based on the ORB Risk from high to low, you have 1:1, 2:1, 3:1 and 4:1 possible targets in both directions.
Reference table:
The reference table is a visual setting for you to have at first sight important information before considering getting into the trade:
- ORB HIGH and LOW.
- Risk in points.
- Risk in USD.
- Amount of shares considering the MaxRisk input parameter you select.
- The current LIVE R:R based on the entry, if price is abobe ORB High it will simulate a LONG position is price is below the ORB Low it will simulate a SHORT position,
- The LIVE profit simulation based on the above.
- MaxRunUP, the highest equity the trade simulation has produced.
Direction: The current trade direction simulation based on the ORB HIGH or ORB LOW.
Keep in mind this indicator is a "gauge" a visual help for discretionary traders that like to trade Open Range Breakout strategy.
It will reset the ORB at RTH Close and build a new ORB at next calendar day based in the ORB time you have selected by the input parameters.
Please feel free to use in your own trading at your discretion.
Price Range Tracker by smaPrice Range Tracker by sma helps traders quickly visualize the current price’s position within a custom price range.
It calculates and displays the highest, lowest, and average price levels over a user-defined period (default: 50 bars).
What it does:
Draws dynamic horizontal lines for the maximum, average, and minimum price levels within the chosen period.
Shows labels next to each level, indicating how far they are from the current price in percentage terms.
Helps traders spot overbought/oversold conditions and potential range breakouts.
How to use:
Adjust the period to fit your timeframe and asset volatility.
Use the percentage distances to assess potential upside/downside from the current price.
Combine with your existing trend or reversal strategies for clearer decisions.
Colors and label distance can be customized to match your chart style.
Opening Range Breakout🧭 Overview
The Open Range Breakout (ORB) indicator is designed to capture and display the initial price range of the trading day (typically the first 15 minutes), and help traders identify breakout opportunities beyond this range. This is a popular strategy among intraday and momentum traders.
🔧 Features
📊 ORB High/Low Lines
Plots horizontal lines for the session’s high and low
🟩 Breakout Zones
Background highlights when price breaks above or below the range
🏷️ Breakout Labels
Text labels marking breakout events
🧭 Session Control
Customizable session input (default: 09:15–09:30 IST)
📍 ORB Line Labels
Text labels anchored to the ORB high and low lines (aligned right)
🔔 Alerts
Configurable alerts for breakout events
⚙️ Adjustable Settings
Show/hide background, labels, session window, etc.
⏱️ Session Logic
• The ORB range is calculated during a defined session window (default: 09:15–09:30).
• During this window, the highest high and lowest low are recorded as ORB High and ORB Low.
📈 Breakout Detection
• Breakout Above: Triggered when price crosses above the ORB High.
• Breakout Below: Triggered when price crosses below the ORB Low.
• Each breakout can trigger:
• A background highlight (green/red)
• A text label (“Breakout ↑” / “Breakout ↓”)
• An optional alert
🔔 Alerts
Two built-in alert conditions:
1. Breakout Above ORB High
• Message: "🔼 Price broke above ORB High: {{close}}"
2. Breakout Below ORB Low
• Message: "🔽 Price broke below ORB Low: {{close}}"
You can create alerts in TradingView by selecting these from the Add Alert window.
📌 Best Use Cases
• Intraday momentum trading
• Breakout and scalping strategies
• First 15-minute range traders (NSE, BSE markets)
Weekly Range PlotterThe Weekly Range Plotter is a dynamic market structure tool designed to help traders visualize critical high and low levels from specific days of the week and the previous week's range. It provides key visual anchors to support analysis of market behavior, including range compression/expansion and directional bias.
Candle Range % vs 8-Candle AvgCandle % Indicator – Measure Candle Strength by Range %
**Overview:**
The *Candle % Indicator* helps traders visually and analytically gauge the strength or significance of a price candle relative to its recent historical context. This is particularly useful for detecting breakout moves, volatility shifts, or overextended candles that may signal exhaustion.
**What It Does:**
* Calculates the **percentage range** of the current candle compared to the **average range of the past N candles**.
* Highlights candles that exceed a user-defined threshold (e.g., 150% of the average range).
* Useful for **filtering out extreme candles** that might represent anomalies or unsustainable moves.
* Can be combined with other strategies (like EMA crossovers, support/resistance breaks, etc.) to improve signal quality.
**Use Case Examples:**
***Filter out fakeouts** in breakout strategies by ignoring candles that are overly large and may revert.
***Volatility control**: Avoid entries when market conditions are erratic.
**Confluence**: Combine with EMA or RSI signals for refined entries.
**How to Read:**
* If a candle is larger than the average range by more than the set percentage (default 150%), it's flagged (e.g., no entry signal or optional visual marker).
* Ideal for intraday, swing, or algorithmic trading setups.
**Customizable Inputs:**
**Lookback Period**: Number of previous candles to calculate the average range.
**% Threshold**: Maximum percentage a candle can exceed the average before being filtered or marked.
Oculus Quantum RangeOculus Quantum Range
The Oculus Quantum Range is a sophisticated indicator designed to track dynamic support and resistance levels, based on market volatility and price action. It uses the Average True Range (ATR) to define a dynamic range, giving traders powerful breakout and breakdown targets for more informed decision-making.
Key Features:
Dynamic Support & Resistance Levels: The indicator calculates key dynamic levels using the highest high and lowest low over a user-defined period (default: 20 bars). These levels adjust according to market volatility, helping to reflect current market conditions.
Breakout & Breakdown Targets: The system calculates breakout and breakdown targets based on the ATR, adding flexibility to the classic support and resistance levels. The targets are plotted above and below the dynamic range.
Volume Confirmation: The breakout and breakdown targets are confirmed when there is a spike in volume, enhancing the reliability of these trade signals.
Pivot Levels: The middle level (pivot) is plotted as the average of the highest high and the lowest low over the range period, offering an additional reference point for traders.
How to Use:
Breakout Entry:
When the price crosses above the Dynamic Top Line (Resistance), a breakout is considered. The breakout target is calculated and plotted above the resistance level.
A confirmed breakout is when the price crosses the resistance with volume higher than the 20-period volume average.
Breakdown Entry:
When the price crosses below the Dynamic Bottom Line (Support), a breakdown is considered. The breakdown target is calculated and plotted below the support level.
A confirmed breakdown is when the price crosses the support with volume higher than the 20-period volume average.
Pivot Zone:
The middle level (pivot) acts as a reference zone, showing potential areas where price action may pause or reverse before continuing toward breakout or breakdown targets.
Alert Conditions:
Breakout Alert: Triggered when the price crosses above the dynamic top line (resistance).
Breakdown Alert: Triggered when the price crosses below the dynamic bottom line (support).
Visualization:
The Dynamic Top Line (Resistance) is plotted in red.
The Middle Level (Pivot) is plotted in blue.
The Dynamic Bottom Line (Support) is plotted in green.
Breakout Targets are plotted in purple above the resistance, and Breakdown Targets are plotted in orange below the support.
Confirmed Breakout/Breakdown are marked with green and red lines respectively, and the background will change to green or red for a visual cue.
This indicator is perfect for traders looking to make timely decisions based on price action, volatility, and volume. It’s ideal for identifying potential breakout and breakdown opportunities with clear, dynamic targets.
Average Daily Range [Dova Lazarus]Title: Average Daily Range
Description:
The Average Daily Range (ADR) indicator by Mantique Capital is designed to help traders assess the potential volatility of a trading day. It calculates the average range between daily highs and lows over a user-defined period and plots projected high/low zones based on that range.
Key Features:
📊 Plots ADR-based high and low levels for the current day
🎯 Choose between bullish and bearish bias for level calculation
📈 Optional 30% to 90% intermediate levels with customizable style and color
🏷️ Display percentage labels showing distance in pips
🔁 Adjustable ADR period length and number of days displayed
This indicator is useful for determining how much price movement (volatility) to expect in a given trading day, making it an excellent tool for setting targets, managing risk, and identifying overextension zones.
Inspired by the popular "Best ADR Indicator for MT4"
Math by Thomas Swing RangeMath by Thomas Swing Range is a simple yet powerful tool designed to visually highlight key swing levels in the market based on a user-defined lookback period. It identifies the highest high, lowest low, and calculates the midpoint between them — creating a clear range for swing trading strategies.
These levels can help traders:
Spot potential support and resistance zones
Analyze price rejection near range boundaries
Frame mean-reversion or breakout setups
The indicator continuously updates and extends these lines into the future, making it easier to plan and manage trades with visual clarity.
🛠️ How to Use
Add to Chart:
Apply the indicator on any timeframe and asset (works best on higher timeframes like 1H, 4H, or Daily).
Configure Parameters:
Lookback Period: Number of candles used to detect the highest high and lowest low. Default is 20.
Extend Lines by N Bars: Number of future bars the levels should be projected to the right.
Interpret Lines:
🔴 Red Line: Swing High (Resistance)
🟢 Green Line: Swing Low (Support)
🔵 Blue Line: Midpoint (Mean level — useful for equilibrium-based strategies)
Trade Ideas:
Bounce trades from swing high/low zones.
Breakout confirmation if price closes strongly outside the range.
Reversion trades if price moves toward the midpoint after extreme moves.
Compression Patterns (w/ Trend + Proximity Filter)🧠 Description:
This indicator identifies high-probability price compression patterns within trending environments — a setup prized by experienced swing and day traders alike. It combines the classic NR4, NR7, 2-Bar NR, 3-Bar NR, and Inside Day formations with a powerful trend filter and proximity logic to deliver clear, focused signals.
🔍 What's Inside:
▪️ Compression Patterns
The core of this tool lies in the logic of price compression. These patterns signal the market taking a breath — volatility contracts, volume dries up, and price coils like a spring.
When this happens in the right context, the next move is often explosive.
NR4 / NR7: Narrowest range in 4 or 7 bars — excellent for spotting the quiet before the storm.
2-Bar NR / 3-Bar NR: These identify the tightest consecutive 2 or 3-day ranges over the past 20 days — contextually rare and powerful.
Inside Day: A simple but highly effective consolidation pattern, especially when it clusters around key moving averages.
▪️ Trend Filter (EMA Stack)
You could say this is where most indicators fall apart — no context.
This one doesn’t make that mistake.
Signals only fire when the 10 EMA > 20 EMA > 50 EMA, and price is above the 20 EMA. That’s a strong, established uptrend — the only environment where breakouts are statistically favourable.
Why?
Because trend following works.
It may not give you fixed daily returns, but it’s the only strategy with theoretically infinite profit potential. You risk little, trade less, and position yourself for rare but massive moves. That’s the edge.
▪️ Proximity Filter (1 ATR to EMA)
We’ve added another layer of discipline. Signals only fire when price is:
Within 1 ATR of the 10 EMA (if price is above it), or
Within 1 ATR of the 20 EMA (if price is below the 10 EMA)
This ensures you’re not chasing. You’re waiting for tight, controlled pullbacks into dynamic support — exactly where institutions add size, not exit.
⚙️ Fully Customisable:
Toggle visibility of each pattern
Custom colours and transparency for label & background
Adjustable ATR length and multiplier
Change label text if needed (useful for translations or tweaks)
🎯 Ideal Use Case:
Swing trading off the daily chart
Day trading with VWAP/MACD filters (in alternate versions)
Supplementing price action strategies
🔚 Final Word:
This isn’t an “everything scanner.”
It’s a discerning sniper scope for traders who wait patiently for clean trends, tight consolidations, and perfect proximity — then strike.
Max Price Range DeviationThis indicator measures how far a stock has moved in recent days relative to its typical movement over a longer period.
🧠 What it does:
Calculates the absolute price range (highest high − lowest low) over a recent number of days.
Compares this recent range to the average max range from rolling windows of the same size over a longer lookback period.
Plots:
✅ Recent Range (blue line)
✅ Average Historical Range (orange line)
✅ Ratio of Recent to Average (green line)
Highlights when recent movement is significantly higher than normal using a configurable threshold.
⚙️ Inputs:
Recent Period (days): Number of days to calculate the current price move.
Lookback Period (days): Number of days used to calculate the average historical range.
High Move Threshold (x avg): If the recent move exceeds this multiple of average, it's flagged.
🛠️ Use Cases:
Spot unusually large price swings.
Identify good opportunities to sell out-of-the-money options (e.g., covered calls or credit spreads) when moves are extended.
Avoid chasing late-stage breakouts.
Body Percentage of Range (Colored)Short Description:
This indicator measures the dominance of the candle's body relative to its total range (High - Low), providing a visual gauge of intra-candle strength versus indecision. Columns are colored based on whether the body constitutes more or less than a defined percentage (default 50%) of the candle's total height.
Detailed Description:
What it Does:
The "Body Percentage of Range" indicator calculates, for each candle, what percentage of the total price range (High minus Low) is occupied by the candle's body (absolute difference between Open and Close).
A value of 100% means the candle has no wicks (a Marubozu), indicating strong conviction during that period.
A value of 0% means the candle has no body (a Doji), indicating perfect indecision.
Values in between show the relative balance between the directional move (body) and the price exploration/rejection (wicks).
How to Interpret:
The indicator plots this percentage as columns:
Column Height: Represents the percentage of the body relative to the total range. Higher columns indicate a larger body dominance.
Column Color:
Green Columns: Appear when the body percentage is above the user-defined threshold (default 50%). This suggests that the directional move within the candle was stronger than the indecision (wicks). Often seen during trending moves or strong momentum candles.
Red Columns: Appear when the body percentage is at or below the user-defined threshold (default 50%). This suggests that wicks dominate the candle (body is 50% or less of the range), indicating significant indecision, struggle between buyers and sellers, or potential reversals. These are common in choppy, consolidating, or reversal market conditions.
Orange Line (Optional MA): A Simple Moving Average (SMA) of the body percentages is plotted to help smooth the readings and identify broader periods where candle structure indicates more trending (high MA) vs. ranging/indecisive (low MA) characteristics.
Potential Use Cases:
Identifying Choppy vs. Trending Markets: Sustained periods of low, predominantly red columns (and often a low/declining MA) can signal a choppy, range-bound market where trend-following strategies might underperform. Conversely, periods with frequent high, green columns suggest a more trending environment.
Confirming Breakouts/Momentum: High green columns appearing alongside increased volume during a breakout can add conviction to the move's strength.
Spotting Potential Exhaustion/Reversals: A very tall green column after a strong trend, followed immediately by a low red column (like a Doji or Spinning Top pattern appearing on the price chart), might signal potential exhaustion or a pending reversal, indicating indecision has suddenly entered the market.
Filtering Entries: Traders might avoid taking entries (especially trend-following ones) when the indicator shows a consistent pattern of low red columns, suggesting high market indecision.
Settings:
Color Threshold %: Allows you to set the percentage level above which columns turn green (default is 50%).
Smoothing MA Length: Adjusts the lookback period for the Simple Moving Average.
Disclaimer:
This indicator is a tool for technical analysis and should be used in conjunction with other methods (like price action, volume analysis, other indicators) and robust risk management. It does not provide direct buy/sell signals and past performance is not indicative of future results.
Wyckoff Range Detector [Beta] + Smart Money ElementsThis indicator detects the key phases of the Wyckoff market structure and integrates smart money elements, such as Order Blocks (OB), Fair Value Gaps (FVG), and Breaker Blocks. It also helps identify potential reversal zones (LPS, UTAD, Spring), breakout opportunities, and provides automatic Risk-Reward (R:R) calculations.
Key Features:
Wyckoff Phases Detection:
Automatically detects key phases of Wyckoff's market structure:
B (Range) – The initial range of accumulation.
C (Spring Phase) – Accumulation phase with a potential breakout.
C (UTAD Phase) – Upthrust After Distribution, indicating a potential reversal.
D (LPS Phase) – Last Point of Support, signaling accumulation before a breakout.
E (Breakout) – Phase marking breakout from range.
Re-Accumulation – Possible continuation in the range after a breakout.
Re-Distribution – Possible breakdown of a distribution phase.
Smart Money Elements:
Order Blocks (OB): Identifies Bullish and Bearish OBs to anticipate market entries.
Fair Value Gap (FVG): Highlights imbalance areas where price is likely to return.
Breaker Blocks: Marks areas where the price has previously broken a structure, indicating strong supply/demand zones.
Automatic Risk-Reward Calculation:
Smart RR: Automatically calculates Risk-Reward (R:R) ratios from LPS phases and Order Blocks. It draws lines to indicate target and stop levels with green for the target and red for the stop.
Visual representation of the entry signal with target and stop levels displayed.
Alerts:
Set alerts for phase changes, breakout, re-accumulation, or re-distribution to stay updated on the market’s movements.
Visual Tools:
Labels are used to indicate key zones such as AR, SC, LPS, and Spring Zones.
Draw boxes for the Spring and LPS phases to highlight areas where price action is likely to reverse.
Lines to represent potential breakouts, with customizable risk-reward indicators.
How to Use:
Apply the Indicator on any chart.
Identify Wyckoff phases to understand market trends.
Monitor Smart Money Elements (OB, FVG, Breaker) for entry and exit points.
Use automatic Risk-Reward levels for managing trades.
Set alerts for various Wyckoff phases and smart money signals to stay updated.
