Multi EMA + Indicators + Mini-Dashboard + Reversals v6📘 Multi EMA + Indicators + Mini-Dashboard + Reversals v6
🧩 Overview
This indicator is a multi-EMA setup that combines trend, momentum, and reversal analysis in a single visual framework.
It integrates four exponential moving averages (EMAs), key oscillators (RSI, MACD, Stochastic, CCI), volatility filtering (ATR), and a dynamic mini-dashboard that summarizes all signals in real time.
Its purpose is to help traders visually confirm trend alignment, filter valid entries, and identify possible trend continuation or reversal points.
It can display buy/sell arrows, detect reversal candles, and issue alerts when trading conditions are met.
⚙️ Core Components
1. Moving Averages (EMA Setup)
EMA1 (fast) and EMA2 (medium) define the short-term trend and trigger bias.
When the price is above both EMAs → bullish bias.
When below → bearish bias.
EMA3 and EMA4 act as trend filters. Their slopes (up or down) confirm overall momentum and help validate signals.
Each EMA has customizable lengths, sources, and colors for up/down trends.
This “EMA stack” is the foundation of the setup — a structured trend-following framework that adapts to market speed and volatility.
2. Momentum and Confirmation Filters
Each indicator can be individually enabled or disabled for flexibility.
RSI: confirms direction (above/below 50).
MACD: detects momentum crossover (MACD > Signal for bullish confirmation).
Stochastic: identifies trend continuation (K > D for longs, K < D for shorts).
CCI: adds trend bias above/below a threshold.
ATR Filter: filters out small, low-volatility candles to reduce noise.
You can activate only the filters that fit your trading plan — for instance, trend traders often use RSI and MACD, while scalpers may rely on Stochastic and ATR.
3. Reversal Detection
The indicator includes an optional Reversal Section that independently detects potential turning points.
It combines multiple configurable criteria:
Candlestick patterns (Bullish Hammer, Shooting Star).
Large Candle filter — detects unusually large bars (relative to close).
Price-to-EMA distance — identifies overextended moves that might revert.
RSI Divergence — detects potential momentum shifts.
RSI Overbought/Oversold zones (70/30 by default).
Doji Candles — sign of indecision.
A bullish or bearish reversal signal appears when enough selected criteria are met.
All sub-modules can be toggled on/off individually, giving you full control over sensitivity.
4. Signal Logic
Buy and sell signals are triggered when EMA alignment and the chosen confirmations agree:
Buy Signal
→ Price above EMA1 & EMA2
→ Confirmations (RSI/MACD/Stoch/CCI/ATR) pass
→ Trend filters (EMA3/EMA4) point upward
Sell Signal
→ Price below EMA1 & EMA2
→ Confirmations align bearishly
→ Trend filters (EMA3/EMA4) slope downward
Reversal signals can appear independently, even against the current EMA trend, depending on your settings.
5. Visual Dashboard
A mini-dashboard appears near the chart showing:
Current trade bias (LONG / SHORT / NEUTRAL)
EMA3 and EMA4 trend directions (↑ / ↓)
Quick visual bars (🟩 / 🟥) for each filter: RSI, MACD, Stoch, ATR, CCI, EMA filters
Reversal criteria status (Doji, RSI divergence, candle size, etc.)
This panel gives you a compact overview of all indicator states at a glance.
The color of the panel changes dynamically — green for bullish, red for bearish, gray for neutral.
6. Alerts
Built-in alerts allow automation or notifications:
Buy Alert
Sell Alert
Reversal Buy
Reversal Sell
You can connect these alerts to TradingView notifications or external bots for semi-automated execution.
💡 How to Use
✅ Trend-Following Setup
Focus on trades in the direction of EMA1 & EMA2.
Confirm with EMA3 & EMA4 trending in the same direction.
Use RSI/MACD/Stoch filters to ensure momentum supports the trade.
Avoid entries when ATR filter indicates low volatility.
🔄 Reversal Setup
Enable the Reversal section for potential tops/bottoms.
Look for reversal buy signals near support zones or after strong downtrends.
Use RSI divergence or Doji + Hammer signals as confirmation.
Combine with key chart areas (supply/demand or previous swing levels).
⚖️ Combination Approach
Trade continuation signals when all EMAs are aligned and filters are green.
Trade reversals only when at a key area (support/resistance) and confirmed by reversal conditions.
Always check higher-timeframe bias before entering a trade.
🧭 Practical Tips
Use different EMA sets for different timeframes:
9/21/50/100 for swing or trend trades.
5/13/34/89 for intraday scalping.
Turn off filters you don’t use to reduce lag.
Always validate signals with price structure, not just indicator alignment.
Practice in replay mode before live trading.
🗺️ Key Chart Confluence (Highly Recommended)
Although the indicator provides structured signals, its best use is in confluence with:
Support and resistance levels
Supply/demand zones
Trendlines and channels
Liquidity pools
Volume clusters
Signals aligned with strong key areas on the chart tend to have greater reliability than isolated indicator triggers.
I use EMA 1 - 20 Open ; EMA 2 - 20 Close ; EMA 3 - 50 ; EMA 4 - 200 or 100 , but that's me...
⚠️ Important Disclaimer
This indicator is a technical tool, not a guarantee of results.
Trading involves risk, and no signal is ever 100% accurate.
Every trader should develop a personal strategy, use proper risk management, and adapt settings to their instrument and timeframe.
Always combine indicator signals with key chart areas, higher-timeframe context, and your own analysis before taking a trade.
Recherche dans les scripts pour "support resistance"
MACD crossover while RSI Oversold/Overbought# MACD Crossover with RSI Overbought/Oversold Indicator Explained
## Indicator Overview
This is a trading signal system that combines two classic technical indicators: **MACD (Moving Average Convergence Divergence)** and **RSI (Relative Strength Index)**. Its core logic is: MACD crossover signals are only triggered when RSI is in extreme zones (overbought/oversold), thereby filtering out many false signals and improving trading accuracy.
## Core Principles
### 1. **Dual Confirmation Mechanism**
This indicator doesn't use MACD or RSI alone, but requires both conditions to be met simultaneously:
- **Short Signal (Orange Triangle)**: MACD bearish crossover (fast line crosses below signal line) + RSI was overbought (≥71)
- **Long Signal (Green Triangle)**: MACD bullish crossover (fast line crosses above signal line) + RSI was oversold (≤29)
### 2. **RSI Memory Function**
The indicator checks the RSI values of the current and past 5 candlesticks. As long as any one of them reaches the overbought/oversold level, the condition is satisfied. This design avoids overly strict requirements, as RSI may have already left the extreme zone before the MACD crossover occurs.
```pine
wasOversold = rsi <= 29 or rsi <= 29 or ... or rsi <= 29
wasOverbought = rsi >= 71 or rsi >= 71 or ... or rsi >= 71
```
## Parameter Settings
### MACD Parameters
- **Fast MA**: 12 periods (adjustable 7-∞)
- **Slow MA**: 26 periods (adjustable 7-∞)
- **Signal Line**: 9 periods
### RSI Parameters
- **Oversold Threshold**: 29 (traditional 30)
- **Overbought Threshold**: 71 (traditional 70)
- **Calculation Period**: 14
## Visual Elements
### 1. **Signal Markers**
- 🔻 **Orange Downward Triangle**: Appears above the candlestick, labeled "overbought", indicating a shorting opportunity
- 🔺 **Green Upward Triangle**: Appears below the candlestick, labeled "oversold", indicating a long opportunity
### 2. **Price Level Lines**
- **Orange Dashed Line**: Extends rightward from the high of the short signal, serving as a potential resistance level
- **Green Dashed Line**: Extends rightward from the low of the long signal, serving as a potential support level
Each time a new signal appears, the old level line is deleted, keeping only the most recent reference line.
## Trading Logic Explained
### Short Signal Scenario
1. Price rises, RSI surges above 71 (market overheated)
2. Momentum subsequently weakens, MACD fast line crosses below signal line
3. Indicator draws an orange triangle at the high, alerting to reversal risk
4. Orange dashed line marks the high point of the short entry position
### Long Signal Scenario
1. Price falls, RSI drops below 29 (market oversold)
2. Selling pressure exhausted, MACD fast line crosses above signal line
3. Indicator draws a green triangle at the low, suggesting a rebound opportunity
4. Green dashed line marks the low point of the long entry position
## Advantages and Limitations
### ✅ Advantages
- **Filters Noise**: Reduces false signals through dual confirmation
- **Captures Reversals**: Catches trend reversals in extreme conditions
- **Visual Clarity**: Level lines help identify support/resistance
- **Built-in Alerts**: Can set up message push notifications
### ⚠️ Limitations
- **Lag**: Both indicators are lagging, signals may be delayed
- **Poor Performance in Ranging Markets**: Prone to whipsaws during consolidation
- **Needs Other Analysis**: Should not be the sole decision-making basis
- **Parameter Sensitivity**: Different markets and timeframes may require parameter adjustments
## Practical Trading Suggestions
1. **Confirm Trend Context**: Counter-trend signals carry high risk in strong trending markets
2. **Combine with Candlestick Patterns**: Confirm with patterns (such as engulfing, hammer candles)
3. **Set Stop Losses**: Use level lines as stop-loss references (long stop below green line, short stop above orange line)
4. **Watch Volume**: Signals accompanied by high volume are more reliable
5. **Multi-Timeframe Verification**: Signals appearing simultaneously on daily and 4-hour charts are more credible
## Summary
This indicator follows the "mean reversion from extremes" philosophy, seeking reversal opportunities when market sentiment becomes excessive. It's suitable for auxiliary judgment, particularly in swing trading and position trading strategies. But remember, no indicator is perfect—always combine risk management and multi-dimensional analysis when making trading decisions
Smart VWAP FVG SystemSmart VWAP FVG System - Professional Multi-Filter Trading Indicator
📊 OVERVIEW
The Smart VWAP FVG System is an advanced multi-layered trading indicator that combines institutional volume analysis, multi-timeframe VWAP trend confirmation, and Fair Value Gap detection to identify high-probability trade entries. This indicator uses a sophisticated filtering mechanism where signals appear only when multiple independent confirmation criteria align simultaneously.
Recommended Timeframe: 5-minute (M5) or higher. The indicator works best on M5, M15, and M30 charts for intraday trading.
🎯 ORIGINALITY & PURPOSE
This indicator is original because it combines three distinct analytical methods into a unified decision-making system:
Market Profile Volume Analysis - Identifies institutional accumulation/distribution zones
Dual VWAP Filtering - Confirms trend direction using two independent VWAP calculations
Fair Value Gap Detection - Validates institutional interest through price inefficiency zones
The key innovation is the directional filter system: the primary Market Profile generates BUY-ONLY or SELL-ONLY states based on higher timeframe value area reversals, which then controls which signals from the main system are displayed. This creates a multi-timeframe confluence that significantly reduces false signals.
Unlike simple indicator mashups, each component serves a specific purpose:
Market Profile → Direction bias (trend filter)
Primary VWAP (Session) → Short-term trend confirmation
Secondary VWAP (Week) → Medium-term trend confirmation
FVG Detection → Institutional activity validation
🔧 HOW IT WORKS
1. Primary Market Profile Filter (Higher Timeframe)
The indicator calculates Market Profile on a higher timeframe (default: 1 hour) to determine the overall market structure:
Value Area High (VAH): Top 70% of volume distribution
Value Area Low (VAL): Bottom 70% of volume distribution
Point of Control (POC): Price level with highest volume
When price reaches VAH and reverses down → SELL-ONLY mode activated
When price reaches VAL and reverses up → BUY-ONLY mode activated
This higher timeframe filter ensures you're trading in the direction of institutional flow.
2. Dual VWAP System
Two independent VWAP calculations provide multi-timeframe trend confirmation:
Primary VWAP (Session-based): Resets daily, tracks intraday momentum
Secondary VWAP (Week-based): Resets weekly, confirms longer-term trend
Filter Logic:
BUY signals require: Price > Primary VWAP AND Price > Secondary VWAP
SELL signals require: Price < Primary VWAP AND Price < Secondary VWAP
This dual confirmation prevents counter-trend trades during ranging conditions.
3. Fair Value Gap (FVG) Detection
FVG zones identify price inefficiencies where institutional orders were executed rapidly:
Bullish FVG: Gap between candle .high and candle .low (upward imbalance)
Bearish FVG: Gap between candle .high and candle .low (downward imbalance)
The indicator monitors recent FVG formation (lookback: 50 bars) and requires:
Bullish FVG present for BUY signals
Bearish FVG present for SELL signals
FVG zones are displayed as colored boxes and automatically marked as "mitigated" when price fills the gap.
4. Main Trading Signal Logic
The secondary Market Profile (default: 1 hour) generates the actual trading signals:
BUY Signal Conditions:
Price reaches Value Area Low
Reversal pattern confirmed (minimum 1 bar)
Price > Primary VWAP
Price > Secondary VWAP (if filter enabled)
Recent Bullish FVG detected (if filter enabled)
Primary MP Filter = BUY-ONLY or NEUTRAL
SELL Signal Conditions:
Price reaches Value Area High
Reversal pattern confirmed (minimum 1 bar)
Price < Primary VWAP
Price < Secondary VWAP (if filter enabled)
Recent Bearish FVG detected (if filter enabled)
Primary MP Filter = SELL-ONLY or NEUTRAL
All conditions must be TRUE simultaneously for a signal to appear.
📈 VISUAL ELEMENTS
On Chart:
🟢 Green Triangle (▲) = BUY Signal
🔴 Red Triangle (▼) = SELL Signal
🟦 Blue horizontal lines = Value Area zones
🟡 Yellow line = Point of Control (POC)
🟩 Green boxes = Bullish FVG zones
🟥 Red boxes = Bearish FVG zones
🔵 Blue line = Primary VWAP (Session)
⚪ White line = Secondary VWAP (Week)
Info Panel (Top Right):
Real-time status display showing:
Filter Direction (BUY ONLY / SELL ONLY / NEUTRAL)
Active timeframes for both MP filters
FVG filter status and count
VWAP positions (ABOVE/BELOW)
Signal enablement status
Alert status
⚙️ KEY SETTINGS
MP/TPO Filter Settings (Primary Indicator)
MP Filter Time Frame: 60 minutes (controls directional bias)
Filter Value Area %: 70% (standard Market Profile calculation)
Filter Alert Distance: 1 bar
Filter Min Bars for Reversal: 1 bar
Filter Alert Zone Margin: 0.01 (1%)
FVG Filter Settings
Use FVG Filter: Enabled (toggle on/off)
FVG Timeframe: 60 minutes (1 hour)
FVG Filter Mode: Both (require bullish FVG for BUY, bearish for SELL)
FVG Lookback Period: 50 bars (how far back to search)
Show FVG Formation Signals: Optional visual markers
Max FVG on Chart: 50 zones
Show Mitigated FVG: Display filled gaps
Market Profile Settings
Higher Time Frame: 60 minutes (for main signals)
Percent for Value Area: 70%
Show POC Line: Enabled
Keep Old MPs: Enabled (maintain historical profiles)
Primary VWAP Filter
Use Primary VWAP Filter: Enabled
Primary VWAP Anchor Period: Session (resets daily)
Primary VWAP Source: HLC3 (typical price)
Secondary VWAP Filter
Use Secondary VWAP Filter: Enabled
Secondary VWAP Anchor Period: Week (resets weekly)
Secondary VWAP Filter Mode: Both
Secondary VWAP Line Color: White
Trading Signals
Show Trading Signals on Chart: Enabled
Show SELL Signals: Enabled
Show BUY Signals: Enabled
Alert Distance: 1 bar
Min Bars for Reversal: 1 bar
Alert Zone Margin: 0.01 (1%)
Retest Search Period: 20 bars
Min Bars Between Retests: 5 bars
Show Only Retests: Disabled
Alert Settings
Enable Trading Notifications: Enabled
VAH Reversal Alert: Enabled (SELL signals)
VAL Reversal Alert: Enabled (BUY signals)
Time Filter Settings
Filter Alerts By Time: Optional (exclude specific hours)
⚠️ IMPORTANT WARNINGS & LIMITATIONS
1. Repainting Behavior
CRITICAL: This indicator uses lookahead=barmerge.lookahead_on to access higher timeframe data immediately for FVG detection. This is necessary to provide real-time FVG zone visualization but has the following implications:
FVG zones may shift slightly until the higher timeframe candle closes
FVG detection signals are preliminary until HTF bar confirmation
The main trading signals (triangles) appear on confirmed bars and do not repaint
Best Practice: Always wait for the current timeframe bar to close before acting on signals. The filter status and FVG zones are informational but may adjust as new data arrives.
2. Minimum Timeframe
Do NOT use on timeframes below 5 minutes (M5)
Recommended: M5, M15, M30 for intraday trading
Higher timeframes (H1, H4) can also be used but will generate fewer signals
3. Multiple Filters Can Block Signals
By design, this indicator is conservative. When all filters are enabled:
Signals appear ONLY when all conditions align
You may see extended periods with no signals
This is intentional to reduce false positives
If you see no signals:
Check the Info Panel to see which filters are failing
Consider adjusting FVG lookback period
Temporarily disable FVG filter to test
Verify VWAP filters match current market trend
4. Market Profile Limitations
Market Profile requires sufficient volume data
Low-volume instruments may produce unreliable profiles
Value Areas update only on higher timeframe bar close
Works best on liquid markets (major forex pairs, indices, crypto)
📖 HOW TO USE
Step 1: Add to Chart
Apply indicator to M5 or higher timeframe chart
Ensure chart shows volume data
Use standard candles (NOT Heikin Ashi, Renko, etc.)
Step 2: Configure Settings
Primary MP Filter TF: Set to 60 (1 hour) minimum, or 240 (4 hour) for swing trading
Main MP TF: Set to 60 (1 hour) for intraday signals
FVG Timeframe: Match or exceed main MP timeframe
Leave other settings at default initially
Step 3: Understand the Info Panel
Monitor the top-right panel:
FILTER STATUS: Shows current directional bias
NEUTRAL = Both signals allowed
BUY ONLY = Only green triangles will appear
SELL ONLY = Only red triangles will appear
FVG Filter: Shows if bullish/bearish gaps detected recently
VWAP positions: Confirms trend alignment
Step 4: Take Signals
For BUY Signal (Green Triangle ▲):
Wait for green triangle to appear
Check Info Panel shows ✓ for BUY signals
Confirm current bar has closed
Enter long position
Stop loss: Below recent VAL or swing low
Target: Previous Value Area High or 1.5-2× risk
For SELL Signal (Red Triangle ▼):
Wait for red triangle to appear
Check Info Panel shows ✓ for SELL signals
Confirm current bar has closed
Enter short position
Stop loss: Above recent VAH or swing high
Target: Previous Value Area Low or 1.5-2× risk
Step 5: Risk Management
Risk per trade: Maximum 1-2% of account equity
Position sizing: Adjust based on stop loss distance
Avoid trading: During major news events or time filter periods
Multiple confirmations: Look for confluence with price action (support/resistance, trendlines)
🎓 UNDERLYING CONCEPTS
Market Profile Theory
Developed by J. Peter Steidlmayer in the 1980s, Market Profile organizes price and volume data to identify:
Value Areas: Where 70% of trading activity occurred
POC: Price level with highest acceptance (most volume)
Imbalances: When price moves away from value quickly
This indicator uses TPO (Time Price Opportunity) calculation method to build the volume profile distribution.
VWAP (Volume Weighted Average Price)
VWAP represents the average price weighted by volume, showing where institutional traders are positioned:
Price above VWAP = Bullish (institutions accumulated lower)
Price below VWAP = Bearish (institutions distributed higher)
Using dual VWAP (Session + Week) creates multi-timeframe trend alignment.
Fair Value Gaps (FVG)
Also known as "imbalance" or "inefficiency," FVG occurs when:
Price moves so rapidly that a gap forms in the candlestick structure
Indicates institutional order flow (large market orders)
Price often returns to "fill" these gaps (rebalance)
The 3-candle FVG pattern (gap between candle and candle ) is widely used in ICT (Inner Circle Trader) methodology and Smart Money Concepts.
🔍 CREDITS & CODE ATTRIBUTION
This indicator builds upon established technical analysis concepts and combines multiple methodologies:
1. Market Profile / TPO Calculation
Concept Origin: J. Peter Steidlmayer (Chicago Board of Trade, 1980s)
Code Inspiration: TradingView's public domain Market Profile examples
Modifications: Custom filtering logic for directional bias, dual timeframe implementation
2. VWAP Calculation
Concept Origin: Standard financial instrument (widely used since 1980s)
Code Base: TradingView built-in ta.vwap() function (public domain)
Modifications: Dual VWAP system with independent anchor periods, custom filtering modes
3. Fair Value Gap Detection
Concept Origin: Inner Circle Trader (ICT) / Smart Money Concepts methodology
Code Implementation: Original implementation based on 3-candle gap pattern
Features: Multi-timeframe detection, automatic mitigation tracking, visual zone display
4. Pine Script Framework
Language: Pine Script v6 (TradingView)
Built-in Functions Used:
ta.vwap() - Volume weighted average price
request.security() - Higher timeframe data access
ta.change() - Period detection
ta.cum() - Cumulative volume
time() - Timestamp functions
Note: All code is original implementation. While concepts are based on established trading methodologies, the combination, filtering logic, and execution are unique to this indicator.
📊 RECOMMENDED INSTRUMENTS
Best Performance:
Major Forex Pairs (EURUSD, GBPUSD, USDJPY)
Stock Indices (ES, NQ, SPX, DAX)
Major Cryptocurrencies (BTCUSD, ETHUSD)
Liquid Stocks (high daily volume)
Avoid:
Low-volume altcoins
Illiquid stocks
Exotic forex pairs with wide spreads
⚡ PERFORMANCE TIPS
Start Conservative: Enable all filters initially
Reduce Filters Gradually: If too few signals, disable Secondary VWAP filter first
Match Timeframes: Keep MP Filter TF and FVG TF at same value
Backtest First: Review historical performance on your preferred instrument/timeframe
Combine with Price Action: Look for support/resistance confluence
Use Time Filter: Avoid low-liquidity hours (optional setting)
🚫 WHAT THIS INDICATOR DOES NOT DO
Does not guarantee profits - No trading system is 100% accurate
Does not predict the future - Based on historical patterns
Does not replace risk management - Always use stop losses
Does not work on all instruments - Requires volume data and liquidity
Does not provide exact entry/exit prices - Signals are zones, not precise levels
Does not account for fundamentals - Purely technical analysis
📜 DISCLAIMER
This indicator is provided for educational and informational purposes only. It is not financial advice, and past performance does not guarantee future results.
Trading Risk Warning:
All trading involves risk of loss
You can lose more than your initial investment (leverage products)
Only trade with capital you can afford to lose
Always use appropriate position sizing and risk management
Consider seeking advice from a licensed financial advisor
Technical Limitations:
Indicator may repaint FVG zones until HTF bar closes
Signals are based on historical patterns that may not repeat
Market conditions change and no system works in all environments
Volume data quality varies by exchange/broker
By using this indicator, you acknowledge these risks and agree that the author bears no responsibility for trading losses.
📞 SUPPORT & UPDATES
Questions? Comment on this publication
Issues? Describe the problem with chart screenshot
Feature Requests? Suggest improvements in comments
Updates: Will be published as new versions using TradingView's update feature
📝 VERSION HISTORY
Version 1.0 (Current)
Initial public release
Multi-filter system: MP + Dual VWAP + FVG
Directional bias filter
Real-time info panel
Comprehensive alert system
Time-based filtering
Thank you for using Smart VWAP FVG System!
Happy Trading! 📈
Squeeze Go Momentum Pro [KingThies] █ OVERVIEW
The Squeeze Momentum Pro indicator identifies volatility compression phases and breakout opportunities by comparing Bollinger Bands to Keltner Channels. When price consolidates (squeeze), the bands contract inside the channels, signaling an imminent breakout. The momentum histogram shows directional bias, helping traders anticipate which way price will move when the squeeze releases.
This indicator displays in a separate panel below the price chart, providing clear visual signals without cluttering price action.
█ KEY FEATURES
Momentum Histogram
The histogram is the primary visual element, displaying momentum strength and direction with four distinct color states:
• Dark Green (#00C853) — Strong bullish momentum that is increasing. This signals strengthening upward pressure and potential continuation.
• Light Green (#26A69A) — Bullish momentum that is decreasing. Price remains in bullish territory but upward force is weakening.
• Dark Red (#D32F2F) — Strong bearish momentum that is increasing. This signals strengthening downward pressure and potential continuation.
• Light Red (#EF5350) — Bearish momentum that is decreasing. Price remains in bearish territory but downward force is weakening.
The color intensity provides immediate feedback on momentum strength and trend health.
Squeeze State Indicator
Colored dots on the zero line communicate the current volatility state:
• Orange Dots — Squeeze is ON. Bollinger Bands have contracted inside Keltner Channels, indicating consolidation and low volatility.
A breakout is building and traders should prepare for directional movement.
• Green Dots — Squeeze is OFF. Bollinger Bands have expanded outside Keltner Channels, indicating active momentum and higher volatility.
Price is moving with conviction in the current direction.
• Gray Dots — Neutral state. The bands are transitioning between squeeze states.
Release Triangles
Triangle shapes mark the exact bar when a squeeze releases, providing precise entry timing:
• Green Triangle Up — Bullish squeeze release. The squeeze has ended with positive momentum, suggesting a long setup opportunity.
• Red Triangle Down — Bearish squeeze release. The squeeze has ended with negative momentum, suggesting a short setup opportunity.
Information Panel
A compact dashboard in the top-right corner displays real-time trading intelligence:
• Squeeze Status — Current state: ON, OFF, or NEUTRAL with color coding
• Momentum Direction — Current bias: BULL or BEAR
• Momentum Value — Precise numerical reading of momentum strength
• Trading Signal — Actionable status: LONG SETUP, SHORT SETUP, WAIT, or MONITOR
Configurable Parameters
All calculation inputs are adjustable to match your trading style and timeframe:
• BB Length — Bollinger Bands period (default: 20)
• BB StdDev — Bollinger Bands standard deviation multiplier (default: 2.0)
• KC Length — Keltner Channels period (default: 20)
• KC ATR Multiplier — Keltner Channels range multiplier (default: 1.5)
• Momentum Length — Linear regression period for momentum calculation (default: 20)
Alert System
Four alert conditions notify you of critical trading opportunities:
• Bullish Squeeze Release — Squeeze has released with bullish momentum, indicating a potential long entry
• Bearish Squeeze Release — Squeeze has released with bearish momentum, indicating a potential short entry
• Squeeze Started — Volatility compression detected, prepare for upcoming breakout
• Squeeze Ended — Volatility expansion confirmed, breakout is active
█ TRADING METHODOLOGY
The indicator follows a clear four-step process for identifying and trading squeeze breakouts:
1 - Wait for Orange Dots . When orange dots appear on the zero line, a squeeze is building. This indicates price consolidation and declining volatility.
Do not enter trades during this phase. Instead, prepare by identifying key support and resistance levels and potential breakout directions.
2 - Watch for Release Triangle . When a triangle appears, the squeeze has released and a breakout is beginning. This is your entry signal.
The triangle color (green up or red down) combined with the histogram direction indicates the breakout direction.
3 - Confirm with Histogram Direction . Check the momentum histogram for directional confirmation:
• Green histogram + green triangle up = Go long. Bullish momentum supports upward breakout.
• Red histogram + red triangle down = Go short. Bearish momentum supports downward breakout.
4 - Monitor Momentum Intensity . Stay in the trade while histogram bars maintain their dark, intense color.
When colors lighten (dark green to light green, or dark red to light red), momentum is weakening and you should consider taking profits or tightening stops.
█ INTERPRETATION GUIDE
Squeeze Detection Logic
A squeeze occurs when Bollinger Bands contract inside Keltner Channels. This happens when:
• Standard deviation of price decreases (BB narrows)
• Price consolidates within a tight range
• Volatility compresses to unsustainable levels
The orange dots signal this condition, warning traders that explosive movement is imminent.
Squeeze Release Logic
A squeeze releases when Bollinger Bands expand outside Keltner Channels. This happens when:
• Price volatility increases sharply
• Price breaks out of consolidation
• Volume typically expands (check volume separately)
The green dots and release triangles signal this condition, indicating the direction and timing of the breakout.
Momentum Reading
The histogram uses linear regression to calculate momentum relative to the midpoint of the recent range:
• Above Zero : Price is trading above the range midpoint with bullish pressure
• Below Zero : Price is trading below the range midpoint with bearish pressure
• Increasing Bars : Momentum is strengthening in the current direction (darker color)
• Decreasing Bars : Momentum is weakening in the current direction (lighter color)
█ BEST PRACTICES
• Timeframe Selection — The indicator works on all timeframes but performs best on 15-minute to daily charts.
Lower timeframes may produce more false signals due to noise.
• Confluence Trading — Combine squeeze releases with support/resistance levels, trend lines, or other indicators for higher probability setups.
• Volume Confirmation — Check that squeeze releases occur with increasing volume. Low volume breakouts are more likely to fail.
• Multiple Timeframe Analysis — Check higher timeframes for overall trend direction. Trade squeeze releases that align with the larger trend.
• Parameter Adjustment — Increase BB and KC lengths for smoother signals on higher timeframes. Decrease for more sensitive signals on lower timeframes.
█ LIMITATIONS
• The indicator does not predict breakout direction before the squeeze releases. The momentum histogram provides bias but is not definitive until the breakout occurs.
• False breakouts can occur, particularly in choppy or low-volume market conditions. Always use proper risk management and stop losses.
• The indicator works best in trending markets. In deeply ranging markets with no clear direction, squeeze signals may be less reliable.
• Momentum calculations use linear regression which can lag during extremely fast price movements. Confirm signals with price action.
█ NOTES
This implementation uses linear regression for momentum calculation rather than simple moving averages, providing more responsive and accurate directional signals. The four-color histogram system gives traders nuanced feedback on momentum strength that binary color schemes cannot provide.
The indicator automatically adjusts to any symbol and timeframe without modification, making it suitable for stocks, forex, crypto, and futures markets.
█ CREDITS
Squeeze methodology inspired by John Carter's TTM Squeeze indicator. Momentum calculation and visual design optimized for modern trading workflows.
Trend Meter [MMT]The Trend Meter is a dynamic Pine Script indicator designed to provide traders with a clear, multi-dimensional view of market trends and momentum across different timeframes and metrics. By integrating Exponential Moving Averages (EMAs), Volume-Weighted Average Price (VWAP), higher timeframe (HTF) analysis, and Regular Trading Hours (RTH) breakouts, this indicator offers a comprehensive tool for identifying bullish, bearish, or neutral market conditions. Its customizable visual display and label system make it ideal for traders seeking actionable insights for trend-following, breakout, or reversal strategies.
Key Features:
1. Multi-Metric Trend Analysis:
- Trend Meter : Compares a Fast EMA (default: 9) and Slow EMA (default: 21) to determine short-term trend direction.
- Bias Meter : Uses a longer-term Bias EMA (default: 35) to assess the overall market bias based on the close price.
- VWAP Meter : Evaluates price position relative to the VWAP for dynamic support/resistance insights.
- HTF Meter : Analyzes higher timeframe (default: 60-minute) price action, detecting breakouts of previous highs/lows and candle direction.
- RTH Meter : Tracks price breakouts above/below the US Regular Trading Hours (09:30–16:00 EST) 15m opening range (09:30–09:45 EST).
2. Color-Coded Visuals:
- Each metric is displayed as a horizontal line with customizable colors (green for bullish, red for bearish, gray for neutral).
- Visual style options (dotted, dashed, or solid lines) allow for personalized chart clarity.
3. Dynamic Labels:
- Optional labels for each metric (Trend, Bias, VWAP, HTF, RTH) with customizable text, size (tiny to huge), and color.
- Labels update in real-time, providing clear identification of each meter’s role and current state.
4. Flexible Metric Selection:
- Toggle individual metrics (EMA, VWAP, HTF, RTH) on/off to focus on relevant indicators for your trading style.
- Option to use the previous bar’s close price for calculations, reducing noise in volatile markets.
5. RTH and Opening Range Analysis:
- Calculates the high/low of the opening range (09:30–09:45 EST) during RTH sessions.
- Signals bullish or bearish conditions when the price breaks above/below the opening range outside the initial 15-minute window.
6. Higher Timeframe Breakout Detection:
- Monitors HTF price action to identify breakouts of the previous candle’s high or low, combined with the HTF candle’s direction for trend confirmation.
How to Use:
- Trend Confirmation : Use the Trend and Bias Meters to confirm short-term and long-term market direction.
- Breakout Trading : Leverage the RTH Meter for breakout setups above/below the opening range during US trading hours.
- Support/Resistance : Utilize the VWAP Meter to identify dynamic price levels for entries or exits.
- Higher Timeframe Context : Monitor the HTF Meter for broader market trend alignment, ideal for swing or position trading.
- Customization : Adjust EMA lengths, toggle metrics, and customize visual styles and labels to suit your chart preferences.
Settings:
- Bias Settings :
- Fast EMA (default: 9), Slow EMA (default: 21), Bias EMA (default: 35).
- Higher Timeframe (default: 60-minute).
- Option to use previous close price for calculations.
- Enable/disable individual metrics (EMA, VWAP, HTF, RTH).
- Visual Settings :
- Bullish (green), bearish (red), and neutral (gray) colors.
- Line style (dotted, dashed, solid).
- Label Settings :
- Enable/disable labels.
- Customize label size (tiny, small, normal, large, huge) and text color.
- Custom text for each meter’s label (Trend, Bias, VWAP, HTF, RTH).
Notes:
- Optimized for intraday trading (e.g., 1m, 5m, 15m) but adaptable to any timeframe.
- RTH and opening range calculations are tailored for US markets (EST timezone); adjust session times in the code for other markets.
- Higher timeframe analysis enhances context for multi-timeframe strategies.
Ideal For:
- Intraday traders targeting RTH breakout opportunities.
- Swing traders aligning with higher timeframe trends.
- Traders using VWAP and EMA-based strategies for trend and momentum analysis.
- Those seeking a clean, customizable dashboard for multi-metric market analysis.
Multi-Layer Pin Zone AnalyzerAnalyzes LOW (bottom wicks) and HIGH (top wicks) to detect repeated touches within a defined tolerance.
Clusters nearby pin levels and, when the number of touches exceeds a threshold, draws infinite horizontal rectangles (zones) to highlight key areas.
LOW (teal): Support zones
HIGH (red): Resistance zones
COMBINED (orange): Mixed zones using both highs and lows
Each type has independent settings for tolerance (%), minimum touches, and maximum zones.
Automatically visualizes strong support, resistance, and consolidation areas across the chart.
VWAP Trend
**Overview**
The VWAP Trend indicator is a volume-weighted price analysis tool that visualizes the relationship between price and the anchored Volume Weighted Average Price (VWAP) over different timeframes. This script is designed to reveal when the market is trending above or below its volume-weighted equilibrium point, providing a clear framework for identifying directional bias, trend strength, and potential reversals.
By combining an anchored VWAP with exponential smoothing and a secondary trend EMA, the indicator helps traders distinguish between short-term price fluctuations and genuine volume-supported directional moves.
**Core Concept**
VWAP (Volume Weighted Average Price) represents the average price of an asset weighted by traded volume. It reflects where the majority of trading activity has taken place within a chosen period, serving as a critical reference level for institutions and professional traders.
This indicator extends the traditional VWAP concept by:
1. Allowing users to **anchor VWAP to different timeframes** (Daily, Weekly, or Monthly).
2. Applying **smoothing** to create a stable reference curve less prone to noise.
3. Overlaying a **trend EMA** to identify whether current price momentum aligns with or diverges from VWAP equilibrium.
The combination of these elements produces a visual representation of price’s relationship to its fair value across time, helping to identify accumulation and distribution phases.
**Calculation Methodology**
1. **Anchored VWAP Calculation:**
The script resets cumulative volume and cumulative volume–price data at the start of each new VWAP session (based on the selected anchor timeframe). It continuously accumulates the product of price and volume, dividing this by total volume to compute the current VWAP value.
2. **Smoothing Process:**
The raw VWAP line is smoothed using an Exponential Moving Average (EMA) of user-defined length, producing a cleaner, more stable trend curve that minimizes intraperiod noise.
3. **Trend Determination:**
An additional EMA is calculated on the closing price. By comparing the position of this EMA to the smoothed VWAP, the indicator determines the prevailing market bias:
* When the trend EMA is above the smoothed VWAP, the market is considered to be in an **uptrend**.
* When the trend EMA is below the smoothed VWAP, the market is classified as a **downtrend**.
**Visual Structure**
The indicator uses color dynamics and chart overlays to make interpretation intuitive:
* **Smoothed VWAP Line:** The main trend reference, colored blue during bullish conditions and orange during bearish conditions.
* **Price Fill Region:** The area between the smoothed VWAP and price is filled with a translucent color matching the current trend, visually representing whether price is trading above or below equilibrium.
* **Trend EMA (implicit):** Although not separately plotted, it drives the color state of the VWAP, ensuring seamless visual transitions between bullish and bearish conditions.
**Inputs and Parameters**
* **VWAP Timeframe:** Choose between Daily, Weekly, or Monthly anchoring. This determines the reset frequency for cumulative volume and price data.
* **VWAP Smoothing Length:** Defines how many periods are used to smooth the VWAP line. Shorter values produce a more reactive line; longer values create smoother, steadier signals.
* **Trend EMA Length:** Sets the period for the trend detection EMA applied to price. Adjust this to calibrate how quickly the indicator reacts to directional changes.
**Interpretation and Use Cases**
* **Trend Confirmation:** When price and the trend EMA both remain above the smoothed VWAP, the market is showing strong bullish control. Conversely, consistent price action below the VWAP suggests sustained bearish sentiment.
* **Fair Value Assessment:** VWAP serves as a dynamic equilibrium level. Price repeatedly reverting to this line indicates consolidation or fair value zones, while strong directional moves away from VWAP highlight momentum phases.
* **Institutional Benchmarking:** Because large market participants often benchmark entries and exits relative to VWAP, this indicator helps align retail analysis with institutional logic.
* **Reversal Detection:** Sudden crossovers of the trend EMA relative to the VWAP can signal potential reversals or shifts in momentum strength.
**Trading Applications**
* **Trend Following:** Use VWAP’s direction and color state to determine trade bias. Long entries are favored when the VWAP turns blue, while short entries align with orange phases.
* **Mean Reversion:** In ranging conditions, traders may look for price deviations far above or below VWAP as potential reversion opportunities.
* **Multi-Timeframe Confluence:** Combine the Daily VWAP Trend with higher anchor periods (e.g., Weekly or Monthly) to confirm larger trend structure.
* **Support and Resistance Mapping:** VWAP often acts as a strong intraday or session-level support/resistance zone. The smoothed version refines this behavior into a cleaner, more reliable reference.
**Originality and Innovation**
The VWAP Trend indicator stands apart from conventional VWAP scripts through several original features:
1. **Anchor Flexibility:** Most VWAP indicators fix the anchor to a specific session (like daily). This version allows switching between Daily, Weekly, and Monthly anchors dynamically, adapting to various trading styles and time horizons.
2. **Volume-Weighted Smoothing:** The use of an EMA smoothing layer over the raw VWAP provides enhanced stability without compromising responsiveness, delivering a more analytically consistent signal.
3. **EMA-Based Trend Comparison:** By introducing a second trend EMA, the indicator creates a comparative framework that merges volume-weighted price analysis with classical momentum tracking — a rare and powerful combination.
4. **Adaptive Visual System:** The color-shifting and shaded fill between VWAP and price are integrated into a single, lightweight structure, giving traders immediate insight into market bias without the clutter of multiple overlapping indicators.
**Advantages**
* Adaptable to any market, timeframe, or trading style.
* Provides both equilibrium (VWAP) and momentum (EMA) perspectives.
* Smooths out noise while retaining the integrity of volume-based price dynamics.
* Enhances situational awareness through intuitive color-coded visualization.
* Ideal for professional, swing, and intraday traders seeking context-driven market direction.
**Summary**
The VWAP Trend indicator is a modern enhancement of the classical VWAP methodology. By merging anchored volume-weighted analysis with smoothed trend detection and visual state feedback, it provides a comprehensive perspective on market equilibrium and directional strength. It is built for traders who seek more than static price references — offering an adaptive, volume-aware framework for identifying market trends, reversals, and fair-value zones with precision and clarity.
EMA 200 - 50 - 20 | Davide BuncugaThis script displays three key Exponential Moving Averages (EMAs) on the chart: EMA 200, EMA 50, and EMA 20.
These moving averages are commonly used by traders to identify the overall market trend, medium-term structure, and short-term momentum.
EMA 200 – Represents the long-term trend and acts as a dynamic support/resistance.
EMA 50 – Used to identify the medium-term direction of the market.
EMA 20 – Highlights short-term momentum and pullback areas within the trend.
This indicator is designed to help traders quickly analyze market structure and align their trading decisions with the dominant trend.
SR-ZnV2There are many support and resistance scripts out there. I was unable to find one that met all of my needs so I have expanded on the closest ones that I was able to discover. The ability to show persistent S/R levels by volume at various time frames automates much of the process for the user with unique and customizable features, the lastest dated of which are displayed by its time frame support/resistance strength and extend toward the right of the screen where they can be seen more clearly by price .
// Original script is thanks to tommyf1001, synapticex and additional modifications is thanks to Lij_MC. Credit to both of them for most of the logic behind this script. Since then I have made many changes to this script as noted below.
// Changed default S/R lines from plots to lines, and gave option to user to change between solid line, dashed line, or dotted line for both S/R lines.
// Added additional time frame and gave more TF options for TF1 other than current TF. Now you will have 4 time frames to plot S/R zones from.
// Gave user option to easily change line thickness for all S/R lines.
// Made it easier to change colors of S/R lines and zones by consolidating the options under settings (rather than under style).
// Added extensions to active SR Zones to extend all the way right.
// Added option to extend or not extend the previous S/R zones up to next S/R zone.
// Added optional time frame labels to active S/R zones, with left and right options as well as option to adjust how far to the right label is set.
// Fixed issue where the higher time frame S/R zone was not properly starting from the high/low of fractal. Now any higher time frame S/R will begin exactly at the High/Low points.
// Added to script a function that will prevent S/R zones from lower time frames displaying while on a higher time frame. This helps clean up the chart quite a bit.
// Created arrays for each time frame's lines and labels so that the number of S/R zones can be controlled for each time frame and limit memory consumption.
// New alert options added and customized alert messages.
Auto Fib Retracement-custom lines📈 Auto Fib Retracement (with Custom Line Thickness)
This indicator provides an automatic application of Fibonacci Retracement and Extension levels based on key Pivot points on the chart. It uses advanced logic to identify relevant momentum based on user-defined parameters, ensuring dynamic and accurate level drawing without the need for manual measurement.
Key Features of the Indicator ✨
Automatic Drawing: Fibonacci levels are automatically drawn based on the last significant Pivot swing detected by the indicator.
Fibonacci Retracement and Extension: Displays classic retracement levels (such as 0.382, 0.5, 0.618) and extensions (such as 1.272, 1.618, 2.618, etc.), with the option to individually toggle the visibility of each level.
Custom Line Width (New Feature): This is the key added functionality! For every Fibonacci level, an option has been included to individually adjust the line thickness (width). This allows traders to visually highlight (bold) critical support/resistance levels (like 0, 0.618, 1, etc.) to make them more noticeable on the chart.
Pivot Customization: Control the sensitivity of Pivot detection using the "Deviation" and "Depth" parameters.
Line Extension: Options to extend the Fibonacci lines to the left, right, or both sides.
Detail Display: Ability to show/hide Fibonacci values (levels) and prices on the labels.
⚙️ Input Parameters
This indicator offers complete control over how the Fibonacci levels are displayed:
Deviation: A multiplier that affects how much the price must deviate from the previous pivot for a new pivot to be formed. Increasing the value makes the indicator less sensitive; decreasing it makes it more sensitive.
Depth: The minimum number of bars considered when calculating the pivots.
Reverse: Option to reverse the drawing direction (from top to bottom or vice-versa).
Extend Left/Right: Controls the extension of the Fibonacci lines.
Level Settings (0, 0.236, 0.382, 0.5, 0.618, etc.):
Checkbox: Turn the display of each individual Fibonacci level on or off.
Value: Customize the Fibonacci value (e.g., you can change 0.618 to 0.65).
Color: Adjust the line color.
Line Width: Crucial option! Allows you to set the line thickness from 1 to 5. Use this to emphasize the most important levels.
Background Transparency: Adjust the transparency of the background fill between the Fibonacci levels.
How to Use It 💡
This tool is ideal for traders who use Fibonacci Retracement to determine potential areas of support and resistance, profit targets (extensions), and entry zones. Use the Custom Line Width option to visually set apart the key levels you believe have the most significant impact on the market (e.g., 0, 0.5, 0.618, and 1).
MPO4 Lines – Modal Engine█ OVERVIEW
MPO4 Lines – Modal Engine is an advanced multi-line modal oscillator for TradingView, designed to detect momentum shifts, trend strength, and reversal points through candle-based pressure analysis with multiple fast lines and a reference slow line. It features divergence detection on Fast Line A, overbought/oversold return signals, dynamic coloring modes, and layered gradient visualizations for enhanced clarity and decision-making.
█ CONCEPT
The indicator is built upon the Market Pressure Oscillator (MPO) and serves as its expanded evolution, aimed at enabling broader market analysis through multiple lines with varying parameters. It calculates modal pressure using candle body size and direction, weighted against average body size over a lookback period, then normalized and smoothed via EMA. It generates four distinct oscillator lines: a heavily smoothed Slow Line (trend reference), two Fast Lines (A & B) for momentum and support/resistance, and an optional Line 4 for additional confirmation. Divergence is calculated solely on Fast Line A, with visual gradients between lines and bands for intuitive interpretation.
█ WHY USE IT?
- Multi-Layer Momentum: Combines slow trend reference with dual fast lines for precise entry/exit timing.
- Divergence Precision: Bullish/bearish divergences on Fast Line A with labeled confirmation.
- OB/OS Return Signals: Clear buy/sell markers when Fast Line A exits oversold/overbought zones.
- Dynamic Visuals: Gradient fills, line-to-line shading, and band gradients for instant market state recognition.
- Flexible Coloring: Slow Line color by direction or zero-position; fast lines by sign.
- Full Customization: Independent lengths, smoothing, visibility, and transparency — by adjusting the lengths of different lines, you can tailor results for various strategies; for example, enabling Line 4 and tuning its length allows trading based on crossovers between different lines.
█ HOW IT WORKS?
- Candle Pressure Calculation: Body = math.abs(close - open); avgBody = ta.sma(body, len). Direction = +1 (bull), –1 (bear), 0 (neutral). Weight = body / avgBody. Contribution = direction × weight.
- Rolling Sum & Normalization: Sums contributions over lookback, normalizes to ±100 scale (÷ (len × 2) × 100).
Smoothing: Applies primary EMA (smoothLen), with extra EMA on Slow Line for stability.
Line Structure:
- Slow Line = calcCPO(len1=20, smoothLen1=5) → extra EMA (5)
- Fast Line A = calcCPO(len2=6, smoothLen2=7)
- Fast Line B = calcCPO(len3=6, smoothLen3=10)
- Line 4 = calcCPO(len4=14, smoothLen4=1)
Divergence Detection: Uses ta.pivothigh/low on price and Fast Line A (pivotLength left/right). Bullish: lower price low + higher osc low. Bearish: higher price high + lower osc high. Valid within 5–60 bar window.
Signals:
- Buy: Fast Line A crosses above oversold (–30)
- Sell: Fast Line A crosses below overbought (+30)
- Slow Line color flip (direction or zero-cross)
- Divergence labels ("Bull" / "Bear")
- Band Coloring as Momentum Signal:
When Fast Line A ≤ Fast Line B → Overbought band turns red (bearish pressure building)
When Fast Line A > Fast Line B → Oversold band turns green (bullish pressure building) This dynamic coloring serves as visual confirmation of momentum shift following fast line crossovers
Visualization:
- Gradients: Fast B → Zero (multi-layer fade), Fast A ↔ B fill, OB/OS bands
- Dynamic colors: Green/red based on sign or trend
- Zero line + dashed OB/OS thresholds
Alerts: Trigger on OB/OS returns, Slow Line changes, and divergences.
█ SETTINGS AND CUSTOMIZATION
- Line Visibility: Toggle Slow, Fast A, Fast B, Line 4 independently.
Line Lengths:
- Slow Line: Base (20), Primary EMA (5), Extra EMA (5)
- Fast A: Lookback (6), EMA (7)
- Fast B: Lookback (6), EMA (10)
- Line 4: Lookback (14), EMA (1)
- Slow Line Coloring Mode: “Direction” (trend-based) or “Position vs Zero”.
- Bands & Thresholds: Overbought (+30), Oversold (–30), step 0.1.
- Signals: Enable Fast A OB/OS return markers (default: on).
- Divergence: Enable/disable, Pivot Length (default: 2, min 1).
- Colors & Appearance: Full control over bullish/bearish hues for all lines, zero, bands, divergence, and text.
Gradients & Transparency:
- Fast B → Zero: 75 (default)
- Fast A ↔ B fill: 50
- Band gradients: 40
- Toggle each gradient independently
█ USAGE EXAMPLES
The indicator allows users to configure various strategies manually, though no built-in alerts exist for them. Entry signals can include color of fast lines, crossovers between different lines, alignment of colors across lines, or consistency in direction.
- Trend Confirmation: Slow Line above zero + green = bullish bias; below + red = bearish.
- Entry Timing: Buy on Fast A crossing above –30 (circle marker), especially if Slow Line is rising or near zero.
- Reversal Setup: Bullish divergence (“Bull” label) + Fast A in oversold + green gradient band = high-probability long.
- Scalping: Fast A vs Fast B crossover in direction of Slow Line trend.
- Noise Reduction: Increase extraSmoothLen on Slow Line
█ USER NOTES
- Best combined with volume, support/resistance, or trend channels.
- Adjust lookback and smoothing to asset volatility.
- Divergence delay = pivotLength; plan entries accordingly.
VMMA Wave Edges [MTF]The VMMA Wave Edges is a multi-timeframe (MTF) overlay indicator that plots dynamic upper and lower edges formed by a band of Volume-Weighted Moving Averages (VWMAs) of varying lengths. It computes N VWMAs with lengths increasing arithmetically from start_len by incr, then plots:The maximum of all VWMAs → Upper Edge
The minimum of all VWMAs → Lower Edge
These edges are calculated on a higher timeframe (mtf_tf) and projected onto the current chart, creating a smooth, volume-sensitive envelope that adapts to volatility and trend strength.Use & InterpretationFeature
Purpose
Upper Edge
Dynamic resistance zone; price often reacts when approaching or breaking above.
Lower Edge
Dynamic support zone; price tends to bounce or consolidate near it.
Edge Contraction
Low volatility → potential breakout setup.
Edge Expansion
High volatility → trend continuation or exhaustion.
MTF Projection
Avoids repainting & noise by using cleaner higher-timeframe data.
Trading ApplicationsMean ReversionBuy near Lower Edge, sell near Upper Edge (especially in ranging markets).
Breakout ConfirmationPrice closing above Upper Edge on MTF → bullish breakout.
Below Lower Edge → bearish.
Trend FilterIn uptrend: price above Upper Edge → strong momentum.
In downtrend: price below Lower Edge → strong bearish control.
Support/Resistance FlipBroken Upper Edge → becomes future support (and vice versa).
Enhanced Roman Order Block v2Enhanced Roman Order Block Indicator v2
This indicator identifies and visualizes Order Blocks (OBs) on your chart, which are key price zones where institutional traders likely placed significant orders, often acting as support/resistance. It's an enhanced version inspired by standard OB detection scripts (like "Crystal Order Block"), but combines and improves upon them with practical features for better trading utility—avoiding a simple mashup by integrating complementary tools that work synergistically.
Originality and Enhancements:
Builds on basic candle-pattern OB detection but adds ATR-based minimum size filtering to ignore noise (e.g., small, insignificant blocks).
Includes optional Higher Timeframe (HTF) confirmation to validate OBs against larger trends, using confirmed data only (no lookahead bias—requests are offset for historical accuracy).
Customizable mitigation (wick or close-based) to detect when an OB is "touched" and potentially invalidated.
Adjustable lookback for pattern flexibility, box extensions, price lines, max displayed OBs (to declutter charts), and alerts for formation/mitigation.
These features merge to create a more reliable, user-configurable tool: e.g., HTF checks + ATR filters reduce false positives, while alerts + lines help in live trading without overwhelming the chart.
How It Works:
Detection Logic: Scans recent candles (default lookback=3) for bullish OBs (e.g., a low that's lower than prior but higher than subsequent swings, indicating accumulation) or bearish OBs (opposite for distribution). Formulas: Bullish = (B_low < A_low) AND (C_low > B_low) AND ((C_low > B_high) OR (D_low > B_high)); similar for bearish.
Filters: OBs must exceed ATR * minOBSizeATR (default 0.5) for validity. If HTF enabled, confirms the OB aligns with HTF lows/highs.
Mitigation: Tracks OBs and shortens boxes/lines when price wicks/closes into the mitigation level (top for bullish, bottom for bearish).
Display: Draws semi-transparent boxes (extendable), optional dashed lines, and labels. Limits to maxOBs, removing oldest.
Alerts: Triggers on new OBs or mitigations for timely notifications.
Underlying concept: OBs stem from Smart Money Concepts (SMC), where big players leave "footprints" in price structure— this script automates detection with risk-aware tweaks.
How to Use:
Add to chart (works on any timeframe/symbol, e.g., crypto like ETHUSD).
Inputs:
Order Block Settings: Toggle bullish/bearish/mitigated visibility; choose mitigation type; set min size/lookback.
Display: Adjust extensions, enable lines, limit max OBs.
Alerts: Enable for OB events.
Multi-Timeframe: Input a higher TF (e.g., "D" for daily) for confirmation—ensures OBs respect bigger-picture levels.
PDH PDL Open ClosePDH/PDL/Open/Close Levels Indicator
Overview
This Pine Script indicator plots the Previous Day High (PDH), Previous Day Low (PDL), Previous Day Open (PDO), and Previous Day Close (PDC) levels on your chart. It's designed for traders who rely on key daily levels to identify potential support, resistance, and intraday reference points. The indicator supports multiple timeframes, allowing you to visualize these levels from higher timeframes (e.g., weekly or monthly) directly on lower timeframe charts.
Built with Pine Script v6, it's lightweight, customizable, and overlays seamlessly on any symbol. Lines extend slightly into the future for better visibility, and labels provide clear identification with price values.
Key Features
- Multi-Timeframe Support: Choose from predefined timeframes (5m to 1M) via the input settings to fetch and plot levels from the selected period.
- Clean Visualization:
- PDH and PDL: Solid black lines for high/low levels.
- PDO: Dotted blue line for the opening price.
- PDC: Dotted red line for the closing price.
- Dynamic Labels: Automatically placed at the end of each line, showing the timeframe and exact price (e.g., "1D High: 150.25").
- Efficient Updates: Lines and labels update in real-time without cluttering the chart—old elements are automatically cleaned up.
- Extension Handling: Lines extend 2 bars ahead by default, adjustable if needed via code modifications.
How to Use
1. Add to Chart**: Copy the script into TradingView's Pine Editor, save, and add it to your chart.
2. Customize Timeframe: In the indicator settings, select your desired timeframe (default: 1D). This pulls levels from the previous period of that timeframe.
3. Interpret Levels:
- Use PDH/PDL as potential resistance/support zones.
- PDO/PDC can highlight session biases (e.g., gap fills or continuation patterns).
- Ideal for day trading, swing setups, or aligning with higher timeframe context.
4. Best Practices: Works on any market (stocks, forex, crypto). Combine with volume or momentum indicators for confluence.
Settings
- Timeframe: Dropdown with options: 5m, 10m, 15m, 30m, 45m, 1H, 2H, 3H, 4H, 1D, 1W, 1M.
- No other inputs for simplicity—colors, styles, and extensions are hardcoded for a clean default look. Edit the script to tweak (e.g., line colors or extension length).
Trappp's Advanced Multi-Timeframe Trading ToolkitTrappp's Advanced Multi-Timeframe Trading Toolkit
This comprehensive trading script by Trappp provides a complete market analysis framework with multiple timeframe support and resistance levels. The indicator features:
Key Levels:
· Monthly (light blue dashed) and Weekly (gold dashed) levels for long-term context
· Previous day high/low (yellow) with range display
· Pivot-based support/resistance (pink dashed)
· Premarket levels (blue) for pre-market activity
Intraday Levels:
· 1-minute opening candle (red)
· 5-minute (white), 15-minute (green), and 30-minute (purple) session levels
· All intraday levels extend right throughout the trading day
Technical Features:
· EMA 50/200 cross detection with alert labels
· Candlestick pattern recognition near key levels
· Smart proximity detection using ATR
· Automatic daily/weekly/monthly updates
Trappp's script is designed for traders who need immediate visual reference of critical price levels across multiple timeframes, helping identify potential breakouts, reversals, and pattern-based setups with clear, color-coded visuals for quick decision-making.
(Mustang Algo) Trend 5/15/30/1H + EMA Lines + Aligned Signal═══════════════════════════════════════════════════════════
MUSTANG ALGO - MULTI-TIMEFRAME TREND ALIGNMENT
═══════════════════════════════════════════════════════════
📊 OVERVIEW:
This indicator analyzes trend alignment across four key timeframes (5m, 15m, 30m, 1H) using customizable moving averages. It helps traders identify high-probability setups when multiple timeframes confirm the same trend direction.
🎯 KEY FEATURES:
✓ Multi-Timeframe Analysis (5m/15m/30m/1H)
- Monitors trend direction on 4 different timeframes simultaneously
- Visual table showing real-time trend status for each period
- Optional price display for each timeframe
✓ Flexible Moving Average System
- Choose from 5 MA types: EMA, SMA, SMMA (RMA), WMA, VWMA
- Customizable Fast MA (default: 20) and Slow MA (default: 50)
- Visual cloud between moving averages (green=bullish, red=bearish)
✓ Alignment Signals
- "4x UP" triangle: All 4 timeframes bullish (strong uptrend)
- "4x DOWN" triangle: All 4 timeframes bearish (strong downtrend)
- Signals appear only when ALL timeframes agree
✓ Visual Enhancements
- MA cloud with transparency for better chart readability
- Optional candle coloring based on local trend
- Clean, customizable dashboard display
✓ Alert System
- Built-in alerts for bullish alignment (4 TF aligned up)
- Built-in alerts for bearish alignment (4 TF aligned down)
- Perfect for automated trading setups
📈 HOW TO USE:
1. **Trend Confirmation**: Wait for alignment signals (triangles) before entering trades
2. **Dashboard Monitoring**: Check the top-right table to see individual TF trends
3. **MA Cloud**: Use the cloud as dynamic support/resistance
4. **Entry Timing**: Enter on local timeframe when higher TFs are aligned
⚙️ CUSTOMIZABLE PARAMETERS:
- Fast MA Length (default: 20)
- Slow MA Length (default: 50)
- MA Type (EMA/SMA/SMMA/WMA/VWMA)
- Toggle dashboard display
- Toggle price display in dashboard
- Toggle MA cloud
- Toggle candle coloring
⚠️ BEST PRACTICES:
- Use on 5m or 15m charts for optimal multi-TF analysis
- Combine with price action and volume for best results
- Alignment signals are rare but highly significant
- Not a standalone system - use as confluence tool
💡 STRATEGY IDEAS:
- Scalping: Enter on local TF when all TFs aligned
- Swing Trading: Hold positions while alignment maintained
- Risk Management: Exit if alignment breaks
- Confluence: Combine with support/resistance levels
📌 NOTES:
- Works on all markets (Crypto, Forex, Stocks, Indices)
- Repaints minimally (only on MA calculations)
- Low resource usage, efficient code
═══════════════════════════════════════════════════════════
Created by Mustang Spirit Trading Academy
For educational purposes - Always manage your risk!
═══════════════════════════════════════════════════════════
Liquidity & Momentum Master (LMM)💎 Liquidity & Momentum Master (LMM)
A professional dual-system indicator that combines:
📦 High-Volume Support/Resistance Zones and
📊 RSI + Bollinger Band Combo Signals — to visualize both smart money footprints and momentum reversals in one clean tool.
🧱 1. High-Volume Liquidity Zones (Support/Resistance Boxes)
Conditions
Visible only on 1H and higher timeframes (1H, 4H, 1D, etc.)
Detects candles with abnormally high volume and strong ATR-based range
Separates bullish (support) and bearish (resistance) zones
Visualization
All boxes are white, with adjustable transparency (alphaW, alphaBorder)
Each box extends to the right automatically
Only the most important (Top-N) zones are kept — weaker ones are removed automatically
Interpretation
White boxes = price areas with heavy liquidity and volume concentration
Price approaching these zones often leads to bounces or rejections
Narrow spacing = consolidation, wide spacing = potential large move
💎 2. RSI Exit + BB-RSI Combo Signals
RSI Exit (Overbought/Oversold Recovery)
RSI drops from overbought (>70) → plots red “RSI” above the candle
RSI rises from oversold (<30) → plots green “RSI” below the candle
Works on 15m, 30m, 1H, 4H, 1D
→ Indicates short-term exhaustion recovery
BB-RSI Combo (Momentum Reversal Confirmation)
Active on 1H and higher only
Requires both:
✅ RSI divergence (bullish or bearish)
✅ Bollinger Band re-entry (after temporary breakout)
Combo Buy (Green Diamond)
Bullish RSI divergence
Candle closes back above lower Bollinger Band
Combo Sell (Red Diamond)
Bearish RSI divergence
Candle closes back below upper Bollinger Band
→ Confirms stronger reversal momentum compared to standard RSI signals
MTF Supertrend + MA [TCMaster]Overview:
The MTF Supertrend + MA indicator combines two powerful multi-timeframe tools — the Supertrend and Moving Averages (MA) — into one unified and customizable framework. It allows traders to analyze market trends and dynamic support/resistance levels from multiple higher timeframes directly on a single chart.
⚙️ Features
🟩 Supertrend Section
Up to 4 configurable Supertrends, each from a different timeframe.
Adjustable ATR Length and Multiplier (Factor).
Independent visibility, colors, and timeframes for each layer.
Built-in alert conditions for trend reversals (Uptrend ↔ Downtrend).
Clean visual overlay on price chart.
🟦 Moving Average (MA) Section
Up to 4 multi-timeframe MAs displayed simultaneously.
Supports multiple MA types:
SMA, EMA, WMA, RMA, HMA, VWMA, DEMA, TEMA.
Independent control for each MA: color, line width, and timeframe.
Dynamic Info Label displaying distance between price and each MA in real-time.
Smooth, accurate MTF synchronization (no repainting from lookahead).
💡 How to Use
Identify higher-timeframe trend direction using Supertrend signals.
Use MAs as dynamic support/resistance or mean reversion zones.
Combine both for multi-timeframe confluence trading:
e.g., look for long entries when lower TF Supertrend turns bullish and price is above higher TF MAs.
Set alerts to get notified when any Supertrend flips its direction.
🧩 Customization
All parameters are grouped into two sections for clarity:
Supertrend Settings
MA Settings
Fully compatible with all chart types and timeframes.
⚠️ Notes
This indicator is designed for visual multi-timeframe analysis, not for automation.
Alerts only trigger when the corresponding timeframe bar closes.
Ensure replay mode or real-time conditions to verify alert behavior.
Combined Signal + Auto Day Plan + Volume🧠 Combined Signal + Auto Day Plan + Volume
Version: Pine Script v5
Category: Strategy / Signal & Levels Tool
Author: (you can add your TradingView nickname)
📋 Overview
The Combined Signal + Auto Day Plan + Volume indicator merges multiple professional trading concepts into one visual tool — helping traders identify momentum shifts, entry zones, and daily trading plans with volume confirmation.
It automatically detects trend direction, generates dynamic take-profit & stop-loss levels, and overlays key daily reference points such as VWAP, pivot, support, and resistance zones based on ATR and trend context.
⚙️ Main Components
1️⃣ Signal System
Detects trend bias using SMA-based logic.
Generates entry price, TP1–TP3, and SL dynamically from recent impulse ranges.
Updates signals automatically when trend bias changes or previous targets are hit.
Visual levels are drawn directly on the chart.
2️⃣ Volume Analysis
Compares current volume against a moving average (SMA).
Classifies volume as:
🟢 Strong (above 1.5× average)
🟡 Average
🔴 Weak (below 0.8× average)
Displays the current volume strength and trend bias in an on-chart table.
3️⃣ Auto Day Plan
Uses multi-timeframe ATR calculations to define:
Support / Resistance zones
Pivot & Balance areas
Daily VWAP
Auto Targets (ATR-based expansion levels)
Adapts automatically to selected base timeframe (1H, 4H, or Daily).
4️⃣ Trend Context
Dual EMA system (50 & 200) to confirm bullish/bearish structure.
Aligns expected direction with VWAP & pivot location for context-aware bias.
🎯 What You Get on Chart
📈 Automatic LONG/SHORT signals
🎯 TP1, TP2, TP3, and SL levels
📊 Volume strength meter
🧭 VWAP, pivot, support/resistance & balance zones
🎨 Clean visual layout for intraday and swing traders
🧩 Inputs
Parameter Description
lenImpulse Impulse range length
smaLen SMA length for trend bias
levelRatio SL/TP ratio multiplier
volLen Volume SMA length
baseTF Base timeframe for zones/VWAP
atrMult1 / atrMult2 ATR multipliers for target levels
fwdBars Extension range for future projection
💡 How to Use
Add the script to your chart and choose your preferred timeframe.
Observe signal direction (📈 LONG / 📉 SHORT) and TP/SL levels.
Confirm entries when:
Trend aligns with VWAP direction, and
Volume category shows Strong or Average.
Use Auto Day Plan levels (pivot, balance, VWAP) as intraday reaction zones.
Pinbar MTF - No Repaint# Pinbar MTF - No Repaint Indicator
## Complete Technical Documentation
---
## 📊 Overview
**Pinbar MTF (Multi-Timeframe) - No Repaint** is a professional-grade TradingView Pine Script indicator designed to detect high-probability pinbar reversal patterns with advanced filtering systems. The indicator is specifically engineered to be **100% non-repainting**, making it reliable for both live trading and backtesting.
### Key Features
✅ **Non-Repainting** - Signals only appear AFTER bar closes, never disappear
✅ **Three-Layer Filter System** - ATR, SWING, and RSI filters
✅ **Automatic SL/TP Calculation** - Based on risk:reward ratios
✅ **Real-time Alerts** - TradingView notifications for all signals
✅ **Visual Trade Management** - Lines, labels, and areas for entries, stops, and targets
✅ **Backtesting Ready** - Reliable historical data for strategy testing
---
## 🎯 What is a Pinbar?
A **Pinbar (Pin Bar/Pinocchio Bar)** is a single candlestick pattern that indicates a potential price reversal:
### Bullish Pinbar (BUY Signal)
- **Long lower wick** (rejection of lower prices)
- **Small body at the top** of the candle
- Shows buyers rejected sellers' attempt to push price down
- Forms at support levels or swing lows
- Entry signal for LONG positions
### Bearish Pinbar (SELL Signal)
- **Long upper wick** (rejection of higher prices)
- **Small body at the bottom** of the candle
- Shows sellers rejected buyers' attempt to push price up
- Forms at resistance levels or swing highs
- Entry signal for SHORT positions
---
## 🔧 How the Indicator Works
### 1. **Pinbar Detection Logic**
The indicator analyzes the **previous closed bar ** to identify pinbar patterns:
```
Bullish Pinbar Requirements:
- Lower wick > 72% of total candle range (adjustable)
- Upper wick < 28% of total candle range
- Close > Open (bullish candle body)
Bearish Pinbar Requirements:
- Upper wick > 72% of total candle range (adjustable)
- Lower wick < 28% of total candle range
- Close < Open (bearish candle body)
```
**Why check ?** By analyzing the previous completed bar, we ensure the pattern is fully formed and won't change, preventing repainting.
---
### 2. **Three-Layer Filter System**
#### 🔍 **Filter #1: ATR (Average True Range) Filter**
- **Purpose**: Ensures the pinbar has significant size
- **Function**: Only signals if pinbar range ≥ ATR value
- **Benefit**: Filters out small, insignificant pinbars
- **Settings**:
- Enable/Disable toggle
- ATR Period (default: 7)
**Example**: If ATR = 50 pips, only pinbars with 50+ pip range will signal.
---
#### 🔍 **Filter #2: SWING Filter** (Always Active)
- **Purpose**: Confirms pinbar forms at swing highs/lows
- **Function**: Validates the pinbar is an absolute high/low
- **Benefit**: Identifies true reversal points
- **Settings**:
- Swing Candles (default: 3)
**How it works**:
- For bullish pinbar: Checks if low is lowest of past 3 bars
- For bearish pinbar: Checks if high is highest of past 3 bars
**Example**: With 3 swing candles, a bullish pinbar must have the lowest low among the last 3 bars.
---
#### 🔍 **Filter #3: RSI (Relative Strength Index) Filter**
- **Purpose**: Confirms momentum conditions
- **Function**: Prevents signals in extreme momentum zones
- **Benefit**: Avoids counter-trend trades
- **Settings**:
- Enable/Disable toggle
- RSI Period (default: 7)
- RSI Source (Close, Open, High, Low, HL2, HLC3, OHLC4)
- Overbought Level (default: 70)
- Oversold Level (default: 30)
**Logic**:
- Bullish Pinbar: Only signals if RSI < 70 (not overbought)
- Bearish Pinbar: Only signals if RSI > 30 (not oversold)
---
### 3. **Stop Loss Calculation**
Two methods available:
#### Method A: ATR-Based Stop Loss (Recommended)
```
Bullish Pinbar:
SL = Pinbar Low - (1 × ATR)
Bearish Pinbar:
SL = Pinbar High + (1 × ATR)
```
**Benefit**: Dynamic stops that adapt to market volatility
#### Method B: Fixed Pips Stop Loss
```
Bullish Pinbar:
SL = Pinbar Low - (Fixed Pips)
Bearish Pinbar:
SL = Pinbar High + (Fixed Pips)
```
**Settings**:
- Calculate Stop with ATR (toggle)
- Stop Pips without ATR (default: 5)
---
### 4. **Take Profit Calculation**
Take Profit is calculated based on Risk:Reward ratio:
```
Bullish Trade:
TP = Entry + (Entry - SL) × Risk:Reward Ratio
Bearish Trade:
TP = Entry - (SL - Entry) × Risk:Reward Ratio
```
**Example**:
- Entry: 1.2000
- SL: 1.1950 (50 pip risk)
- RR: 2:1
- TP: 1.2100 (100 pip reward = 50 × 2)
**Settings**:
- Risk:Reward Ratio (default: 1.0, range: 0.1 to 10.0)
---
## 📈 Visual Elements
### On-Chart Displays
1. **Signal Markers**
- 🟢 **Green Triangle Up** = Bullish Pinbar (BUY)
- 🔴 **Red Triangle Down** = Bearish Pinbar (SELL)
- Placed directly on the pinbar candle
2. **Entry Labels**
- Green "BUY" label with entry price
- Red "SELL" label with entry price
- Shows exact entry level
3. **Stop Loss Lines**
- 🔴 Red horizontal line
- "SL" label
- Extends 20 bars forward
4. **Take Profit Lines**
- 🟢 Green horizontal line
- "TP" label
- Extends 20 bars forward
5. **Risk/Reward Areas** (Optional)
- Red shaded box = Risk zone (Entry to SL)
- Green shaded box = Reward zone (Entry to TP)
- Visual risk:reward visualization
6. **Info Table** (Top Right)
- Displays current settings
- Shows filter status (ON/OFF)
- Real-time RSI value
- Quick reference panel
---
## 🔔 Alert System
Three alert types available:
### 1. Combined Alert: "Pinbar Signal (Any Direction)"
- Fires for BOTH bullish and bearish pinbars
- **Best for**: General monitoring
- **Message**: "Pinbar Signal Detected on {TICKER} at {PRICE}"
### 2. Bullish Alert: "Bullish Pinbar Alert"
- Fires ONLY for BUY signals
- **Best for**: Long-only strategies
- **Message**: "BUY Signal on {TICKER} at {PRICE}"
### 3. Bearish Alert: "Bearish Pinbar Alert"
- Fires ONLY for SELL signals
- **Best for**: Short-only strategies
- **Message**: "SELL Signal on {TICKER} at {PRICE}"
---
## ⚙️ Input Parameters Reference
### **Filters Group**
| Parameter | Default | Range | Description |
|-----------|---------|-------|-------------|
| ATR Filter on Pinbar Range? | ✅ ON | Boolean | Enable/disable ATR filter |
| ATR Period | 7 | 1+ | Lookback period for ATR calculation |
| Swing Candles | 3 | 1+ | Bars to check for swing high/low |
| RSI Filter on Pinbar? | ❌ OFF | Boolean | Enable/disable RSI filter |
| RSI Period | 7 | 2+ | Lookback period for RSI calculation |
| RSI Source | Close | Multiple | Price data for RSI (Close/Open/High/Low/etc) |
| RSI Overbought Level | 70 | 50-100 | Upper threshold for RSI filter |
| RSI Oversold Level | 30 | 0-50 | Lower threshold for RSI filter |
### **Pinbar Detection Group**
| Parameter | Default | Range | Description |
|-----------|---------|-------|-------------|
| Shadow % vs Body | 72 | 50-95 | Minimum wick size as % of total range |
### **Visualization Group**
| Parameter | Default | Range | Description |
|-----------|---------|-------|-------------|
| Show SL and TP Lines? | ✅ ON | Boolean | Display stop loss and take profit lines |
| Show SL and TP Area? | ❌ OFF | Boolean | Show shaded risk/reward boxes |
### **Risk Management Group**
| Parameter | Default | Range | Description |
|-----------|---------|-------|-------------|
| Risk:Reward Ratio | 1.0 | 0.1-10.0 | Target profit vs risk (1.0 = 1:1, 2.0 = 1:2) |
| Calculate Stop with ATR? | ✅ ON | Boolean | Use ATR for stop calculation |
| Stop Pips without ATR | 5 | 1+ | Fixed pip stop when ATR disabled |
---
## 🚫 Non-Repainting Architecture
### What is Repainting?
**Repainting** occurs when an indicator's historical signals differ from what appeared in real-time. This makes backtesting unreliable and can lead to false confidence in a strategy.
### How This Indicator Prevents Repainting
1. **Closed Bar Analysis**
- All calculations use ` ` offset (previous bar)
- Only analyzes COMPLETED candles
- Signals appear on the bar AFTER the pinbar closes
2. **Confirmed Swing Points**
- Waits for sufficient bar history before signaling
- Only checks historical bars that cannot change
- Prevents premature swing detection
3. **Static Alert Timing**
- Alerts fire only after bar completion
- No conditional logic that changes historically
- Same results in replay mode and live trading
### Verification Method
To verify non-repainting behavior:
1. Apply indicator to chart
2. Note signal locations and prices
3. Refresh browser / reload chart
4. **Signals remain in exact same locations**
---
## 💼 Trading Strategy Guidelines
### Entry Rules
**For Bullish Pinbar (LONG):**
1. Wait for green triangle to appear
2. Enter at close of pinbar (shown in label)
3. Alternative: Enter on break of pinbar high
4. Place stop loss at red SL line
5. Set target at green TP line
**For Bearish Pinbar (SHORT):**
1. Wait for red triangle to appear
2. Enter at close of pinbar (shown in label)
3. Alternative: Enter on break of pinbar low
4. Place stop loss at red SL line
5. Set target at green TP line
### Risk Management
- **Position Sizing**: Risk only 1-2% of account per trade
- **Stop Loss**: Always use the calculated SL (never move it wider)
- **Take Profit**: Use calculated TP or trail stop after 1:1 RR
- **Multiple Timeframes**: Confirm signals on higher timeframe
### Best Practices
✅ **DO:**
- Wait for bar to close before entering
- Trade in direction of higher timeframe trend
- Use on liquid markets with clear support/resistance
- Combine with price action analysis
- Keep a trading journal
❌ **DON'T:**
- Enter before bar closes (prevents seeing full pattern)
- Trade against strong trends
- Ignore the filters (they improve win rate)
- Risk more than 2% per trade
- Trade every signal (be selective)
---
## 📊 Backtesting & Data Export
### Available Data Points
The indicator exports these values for strategy development:
| Output | Description |
|--------|-------------|
| Bullish Signal | 1 = BUY signal, 0 = No signal |
| Bearish Signal | 1 = SELL signal, 0 = No signal |
| Bull SL | Stop loss level for long trades |
| Bull TP | Take profit level for long trades |
| Bull Entry | Entry price for long trades |
| Bear SL | Stop loss level for short trades |
| Bear TP | Take profit level for short trades |
| Bear Entry | Entry price for short trades |
### How to Use in Strategy
These values can be accessed by Pine Script strategies using:
```pine
indicator_values = request.security(syminfo.tickerid, timeframe.period,
)
```
---
## 🎓 Understanding the Filters
### Why Use Multiple Filters?
Single-indicator systems often generate too many false signals. This indicator uses a **confluence approach**:
1. **Pinbar Pattern** = Price rejection detected
2. **+ SWING Filter** = Rejection at key level
3. **+ ATR Filter** = Significant move
4. **+ RSI Filter** = Favorable momentum
**Result**: Higher probability setups with better risk:reward
### Filter Optimization
**Conservative Settings** (Fewer, Higher Quality Signals):
- ATR Filter: ON
- Swing Candles: 5
- RSI Filter: ON
- Shadow %: 75%
**Aggressive Settings** (More Signals, More Noise):
- ATR Filter: OFF
- Swing Candles: 2
- RSI Filter: OFF
- Shadow %: 65%
**Balanced Settings** (Recommended):
- ATR Filter: ON
- Swing Candles: 3
- RSI Filter: OFF (or ON for trending markets)
- Shadow %: 72%
---
## 🔍 Troubleshooting
### "No Signals Appearing"
**Possible Causes:**
1. Filters are too strict
2. No pinbars forming on chart
3. Insufficient bar history
**Solutions:**
- Reduce Shadow % to 65%
- Reduce Swing Candles to 2
- Disable ATR or RSI filters temporarily
- Check that chart has enough data loaded
### "Too Many Signals"
**Solutions:**
- Enable ATR filter
- Increase Swing Candles to 4-5
- Enable RSI filter
- Increase Shadow % to 75-80%
### "Signals Appearing Late"
**This is normal behavior!** The indicator:
- Analyzes previous closed bar
- Signals appear on the bar AFTER the pinbar
- This is what prevents repainting
- Signal latency is 1 bar (by design)
---
## 📝 Technical Specifications
**Indicator Type:** Overlay (displays on price chart)
**Pine Script Version:** 5
**Max Labels:** 500
**Max Lines:** 500
**Repainting:** None (100% non-repainting)
**Data Window Values:** 8 exported values
**Alert Types:** 3 (Combined, Bullish, Bearish)
**Performance:**
- Lightweight script (fast execution)
- Works on all timeframes
- Compatible with all markets (Forex, Crypto, Stocks, Futures)
- No data snooping bias
---
## 🎯 Use Cases
### 1. **Swing Trading**
- Timeframe: Daily, 4H
- Filter Settings: All enabled
- Best for: Catching major reversals
### 2. **Day Trading**
- Timeframe: 15m, 1H
- Filter Settings: ATR + SWING only
- Best for: Intraday reversals
### 3. **Scalping**
- Timeframe: 5m, 15m
- Filter Settings: SWING only (aggressive)
- Best for: Quick reversals (requires experience)
### 4. **Position Trading**
- Timeframe: Weekly, Daily
- Filter Settings: All enabled + high RR (2:1 or 3:1)
- Best for: Long-term trend reversal catches
---
## 🏆 Advantages Over Other Pinbar Indicators
✅ **Guaranteed Non-Repainting** - Many pinbar indicators repaint; this one never does
✅ **Automatic SL/TP** - No manual calculation needed
✅ **Multi-Layer Filtering** - Reduces false signals significantly
✅ **Visual Trade Management** - Clear entry, stop, and target levels
✅ **Flexible Configuration** - Adaptable to any trading style
✅ **Alert System** - Never miss a setup
✅ **Backtesting Ready** - Reliable historical data
✅ **Professional Grade** - Suitable for live trading
---
## 📚 Educational Resources
### Recommended Reading on Pinbars
- "The Pin Bar Trading Strategy" by Nial Fuller
- "Price Action Trading" by Al Brooks
- TradingView Education: Price Action Patterns
### Practice Recommendations
1. Paper trade signals for 20+ trades before live trading
2. Backtest on different timeframes and markets
3. Keep detailed records of all trades
4. Analyze winning vs losing setups
5. Refine filter settings based on results
---
## ⚖️ Disclaimer
This indicator is a tool for technical analysis and does not guarantee profits. Trading involves substantial risk of loss. Past performance is not indicative of future results.
- Always use proper risk management
- Never risk more than you can afford to lose
- Consider your trading experience and objectives
- Seek independent financial advice if needed
---
## 📧 Version Information
**Current Version:** 1.0
**Last Updated:** 2024
**Compatibility:** TradingView Pine Script v5
**Status:** Production Ready
---
## 🔄 Future Enhancements (Potential)
Possible future additions:
- Multi-timeframe confirmation option
- Volume filter integration
- Customizable color schemes
- Win rate statistics display
- Partial profit taking levels
- Trailing stop functionality
---
## 📖 Quick Start Guide
### 5-Minute Setup
1. **Add to Chart**
- Open TradingView
- Go to Pine Editor
- Paste the code
- Click "Add to Chart"
2. **Configure Settings**
- Open indicator settings (gear icon)
- Start with default settings
- Enable "Show SL and TP Lines"
3. **Set Alert**
- Right-click indicator name
- Click "Add Alert"
- Select "Pinbar Signal (Any Direction)"
- Configure notification method
4. **Test**
- Scroll back on chart
- Verify signals make sense
- Check that signals don't repaint
5. **Trade** (After Practice!)
- Wait for alert
- Verify signal quality
- Enter, place SL/TP
- Manage trade
---
## 🎯 Final Thoughts
The **Pinbar MTF - No Repaint** indicator is designed for serious traders who value:
- **Reliability** over flashy signals
- **Quality** over quantity
- **Honesty** over false promises
This indicator will NOT:
- Make you rich overnight
- Win every trade
- Replace proper trading education
This indicator WILL:
- Identify high-probability reversal setups
- Save you analysis time
- Provide consistent, non-repainting signals
- Help you develop a systematic trading approach
**Success in trading comes from:**
1. Proper education (60%)
2. Risk management (30%)
3. Technical tools like this indicator (10%)
Use this tool as part of a complete trading plan, not as a standalone solution.
Fibonacci Auto Retracement & HTF candles ReferenceAdvanced Higher Timeframe (HTF) Candle & Fibonacci Viewer
Overview:
The Advanced HTF Candle & Fibonacci Viewer is a professional Trading View indicator designed to help traders overlay higher timeframe price structures onto lower timeframe charts. By combining daily candle analysis with precise Fibonacci retracement levels, this tool allows traders to identify critical support and resistance zones, potential breakouts, and retracement opportunities without switching charts.
Special Thanks:
This script includes a small part of coding inspired by Zeiierman, whose work on HTF analysis provided the foundation for visualizing higher timeframe structures. Full credit to Zeiierman for their invaluable contribution to the Trading View community.
Key Features:
1. Multi-Day HTF Range Display
Automatically displays high and low of 1–7 previous days.
Highlights candle bodies and wicks for clear structure visualization.
Ideal for spotting daily ranges and breakout levels.
2. Dynamic Fibonacci Levels
Standard levels: 0%, 11.8%, 23.6%, 38.2%, 50%, 61.8%, 76.4%, 88.2%, 100%.
Optional mid-level lines for intraday support/resistance identification.
Levels adjust automatically to reflect price action direction.
3. Customizable Labels & Colors
Adjustable text size, color, transparency, and offset.
Fully customizable candle and Fibonacci colors.
Mid-level lines can be shown or hidden for a cleaner look.
4. Persistent Levels
Levels remain until the next trading session or breakout, helping track trends and retracements consistently.
5. Multi-Timeframe Optimization
Works on any chart timeframe, from 1-minute to weekly charts.
Provides higher timeframe insight while trading on lower timeframes.
Why Traders Love This Indicator:
View higher timeframe action without switching charts.
Identify high-probability entry and exit zones.
Combine with other indicators for complete market analysis.
Useful for swing traders, day traders, and scalpers alike.
Customization Options:
Number of previous days (1–7)
Show/hide mid-level lines
Show/hide labels
Customize label size, color, and offset
Customize Fibonacci and candle colors
Ideal Use Cases:
Swing Trading: Identify daily key levels for entry, exit, and stop-loss.
Day Trading: Use HTF ranges on intraday charts to spot breakouts and reversals.
Fibonacci Analysis: Locate retracement zones efficiently.
Trend Confirmation: Validate trades with higher timeframe structure.
Summary:
The Advanced HTF Candle & Fibonacci Viewer is a powerful tool for traders seeking clarity, structure, and precision. With higher timeframe insight overlaid on active charts and proper credit to Zeiierman for their HTF coding contribution, this indicator helps traders make informed, confident decisions in any market.
Market Structure Pivots TrendThis indicator identifies and visualizes key market structure by plotting confirmed, non-repainting pivot points. It goes beyond simple markers by classifying the pivots, extending dynamic support/resistance lines, and providing a visual representation of the current trend state.
Key Features:
Non-Repainting Pivot Detection:
Uses a standard lookback method (left and right bars) to identify historical pivot points.
Note on Confirmation: Pivots are only confirmed after the Pivot Right Bars input has passed. This is essential for ensuring the signal is non-repainting, but it introduces an inherent lag.
Automatically classifies the sequence of pivots according to Dow Theory: Higher Highs (HH), Higher Lows (HL), Lower Highs (LH), and Lower Lows (LL).
Pivot Classification Filter:
Price Tolerance Filter: A user-defined percentage tolerance filters out insignificant market noise. A pivot is only classified as 'Higher' or 'Lower' if its price exceeds the previous one by more than the set tolerance, leading to more robust signals.
Equal Pivot Detection: The tolerance also enables the detection of Equal Highs (EH) and Equal Lows (EL), highlighting consolidation zones.
Dynamic Support & Resistance Lines:
When enabled, the indicator extends a horizontal line from the most recent confirmed pivot high and low.
These lines update in real-time, providing clear S/R levels.
Lines automatically terminate if the price decisively breaks through them or if a new pivot of the same type is formed.
Trend State Visualization:
A built-in state machine analyzes the sequence of pivots and breaks to determine the current market trend (Uptrend, Downtrend, or Neutral).
Plots a dynamic step-line based on recent highs/lows to visually represent the current trend state.
Full Customization & Alerts:
Display Options: Choose between simple triangles or detailed text labels that show the pivot type, price, and the absolute or relative change from the previous pivot of the same type.
Visual Styling: Full control over colors for all six pivot types (HH, LH, EH, LL, HL, EL) and line styles.
Comprehensive Alerts: Set up alerts for every new pivot formation (e.g., HH, LL), for S/R line breaks, and for changes in the overall trend state (Up, Down, Neutral).
DISCLAIMER
For Informational/Educational Use Only: This indicator is provided for informational and educational purposes only. It does not constitute financial, investment, or trading advice, nor is it a recommendation to buy or sell any asset.
Use at Your Own Risk: All trading decisions you make based on the information or signals generated by this indicator are made solely at your own risk.
No Guarantee of Performance: Past performance is not an indicator of future results. The author makes no guarantee regarding the accuracy of the signals or future profitability.
No Liability: The author shall not be held liable for any financial losses or damages incurred directly or indirectly from the use of this indicator.
Signals Are Not Recommendations: The alerts and visual signals (e.g., crossovers) generated by this tool are not direct recommendations to buy or sell. They are technical observations for your own analysis and consideration.
EMA100 Breakout by shubhThis indicator is a clean, price-action-based breakout system designed for disciplined trend trading on any timeframe — especially for Nifty and Bank Nifty spot, futures, and options charts.
It uses a single 100-period EMA to define trend direction and waits for decisive candle closes across the EMA to trigger potential entries.
The logic ensures only one active trade at a time, enforcing patience and clarity in decision-making.
⚙️ Core Logic
Buy Setup
A bullish candle closes above the 100 EMA while its open was below the EMA.
Entry occurs at candle close.
Stop-Loss (SL): Low of the signal candle.
Target (TP): 4 × the SL distance (Risk : Reward = 1 : 4).
Sell Setup
A bearish candle closes below the 100 EMA while its open was above the EMA.
Entry occurs at candle close.
Stop-Loss (SL): High of the signal candle.
Target (TP): 4 × the SL distance.
Trade Management
Only one trade may run at a time (either long or short).
New signals are ignored until the current position hits SL or TP.
Transparent labels show Entry, SL, and TP levels on chart.
Dotted lines visualize active Stop-Loss (red) and Target (green).
Exit markers:
✅ Target Hit
❌ Stop Loss Hit
🧠 Key Advantages
Simple and transparent trend-following logic.
Enforces disciplined “one-trade-at-a-time” behavior.
High risk-to-reward (1 : 4).
Works across timeframes — 5 min to Daily.
Ideal for intraday and positional setups.
📊 Suggested Use
Apply on Nifty / Bank Nifty spot or futures charts.
Works on any instrument with clear momentum swings.
Best confirmation when EMA 100 acts as dynamic support/resistance.
⚠️ Disclaimer
This script is for educational and research purposes only.
It is not financial advice or an invitation to trade.
Always backtest thoroughly and manage risk responsibly before applying in live markets.
