Most Crowded Commodity Trade SuiteThis indicator identifies crowded positioning in commodity futures markets by combining CFTC Commitment of Traders (COT) data with Open Interest analysis. It detects when speculative positioning reaches extreme levels, helping traders anticipate potential reversals or trend exhaustion.
The indicator calculates a composite Crowded Score using speculator net positioning, open interest pressure, and extreme positioning ratios. Positive scores indicate crowded long positioning (potential bearish reversal risk), while negative scores indicate crowded short positioning (potential bullish reversal risk).
DATA SOURCES
COT Data: Weekly positioning data from the CFTC (Commodity Futures Trading Commission), released every Friday for positions as of Tuesday. The indicator supports three COT report types:
Legacy: Traditional Commercial vs Non-Commercial (Speculator) breakdown. Best for most commodities.
Disaggregated: Producer/Merchant vs Managed Money breakdown. Provides more granular view of who is positioned.
Financial: Dealer vs Leveraged Funds breakdown. Best for financial futures (currencies, bonds).
Open Interest: Real-time OI data from TradingView using the symbol suffix method (e.g., GC1!_OI for Gold). Falls back to weekly COT Open Interest if real-time data unavailable.
ANALYSIS MODES
Crowded Composite: The default mode combining all factors into a single crowding score. Uses weighted combination of speculator Z-score (50%), OI Z-score (30%), and extreme positioning bonus (20%). Values above 2.0 sigma indicate crowded conditions.
COT Positioning: Displays the normalized speculator net position as a Z-score. Shows what percentage of speculators are positioned long. Useful for tracking sentiment trends over time.
OI Momentum: Shows the rate of change in open interest. Expanding OI during price trends confirms trend strength. Contracting OI suggests trend exhaustion or position unwinding.
Divergence Scanner: Actively scans for price/positioning divergences. Bearish divergence occurs when price makes new highs but speculator positioning is declining. Bullish divergence occurs when price makes new lows but commercial hedging increases.
Raw Debug: Displays raw data values for validation. Use this mode to verify data sources are working correctly and to see the actual COT metric names being requested.
DASHBOARD METRICS
Crowded Score: The composite crowding indicator. BALANCED means positioning is normal. CROWDED LONG/SHORT indicates elevated positioning. EXTREME LONG/SHORT indicates dangerous crowding levels.
Speculator/Managed Money/Lev. Funds Net: Net positioning of trend-following traders. High long percentage (above 70%) suggests potential reversal risk. The label changes based on selected COT Report Type.
Commercial/Producer/Dealer Net: Net positioning of hedgers or market makers. These are often considered smart money. When commercials are heavily short (negative), they are hedging long exposure, which is typically bullish for price.
OI Pressure: Open interest level relative to historical average. EXPLOSIVE means OI is extremely high. ELEVATED means above average. NORMAL is within one standard deviation. DEPRESSED means below average.
Divergence: Shows if a price/positioning divergence is currently detected. BEARISH DETECTED means price highs with declining positioning. BULLISH DETECTED means price lows with improving positioning.
Weekly Change: Shows the week-over-week change in speculator positioning and open interest.
INTERPRETING THE CROWDED SCORE
The Crowded Score uses Z-score normalization to compare current positioning against historical averages. Default thresholds:
Above +2.5 sigma: EXTREME LONG - Very high reversal risk, consider reducing long exposure
Above +2.0 sigma: CROWDED LONG - Elevated reversal risk, be cautious with new longs
Between -2.0 and +2.0 sigma: BALANCED - Normal positioning, trend can continue
Below -2.0 sigma: CROWDED SHORT - Elevated squeeze risk, be cautious with new shorts
Below -2.5 sigma: EXTREME SHORT - Very high squeeze risk, consider reducing short exposure
Important: Crowded positioning can persist for extended periods during strong trends. Use this indicator in conjunction with price action and other analysis tools.
DIVERGENCE DETECTION
Bearish Divergence: Detected when price makes a new 5-bar high while speculator net positioning is declining AND the speculator Z-score is above +1.0. This suggests distribution may be occurring at highs.
Bullish Divergence: Detected when price makes a new 5-bar low while speculator positioning is improving OR commercial hedging is increasing, AND the speculator Z-score is below -1.0. This suggests accumulation may be occurring at lows.
Divergences are marked with colored triangles on the chart. Magenta triangles indicate bearish divergences. Cyan triangles indicate bullish divergences.
SUPPORTED SYMBOLS
This indicator works with any futures contract that has CFTC COT data. This includes commodities traded on:
COMEX: Gold (GC), Silver (SI), Copper (HG)
NYMEX: Crude Oil (CL), Natural Gas (NG), Heating Oil (HO), Gasoline (RB)
CBOT: Corn (ZC), Wheat (ZW), Soybeans (ZS), Soybean Oil (ZL), Soybean Meal (ZM)
CME: Live Cattle (LE), Lean Hogs (HE), Feeder Cattle (GF)
CME Financials: E-mini S&P 500 (ES), Euro FX (6E), Japanese Yen (6J)
Common CFTC Codes (for manual entry):
Gold: 088691
Silver: 084691
Crude Oil: 067651
Natural Gas: 023651
Copper: 085692
Wheat: 001602
Corn: 002602
Soybeans: 005602
SETTINGS GUIDE
Analysis Mode: Select the calculation engine. Start with Crowded Composite for overall analysis.
COT Mode: Use Auto-Detect for most symbols. Switch to Manual CFTC Code if auto-detection fails.
COT Report Type: Legacy works for most commodities. Use Disaggregated for more granular commodity data. Use Financial for currency and bond futures.
Z-Score Length: Lookback period for normalization. Default 52 represents one year of weekly COT data. Increase to 104 for a two-year perspective.
Crowded Threshold: Z-score level for crowded alerts. Default 2.0 represents approximately the 95th percentile.
Extreme Threshold: Z-score level for extreme alerts. Default 2.5 represents approximately the 99th percentile.
COT Weights: Adjust the relative importance of each factor in the composite score. Default weights emphasize speculator positioning (50%) with supporting weight from OI (30%) and extreme positioning (20%).
ALERTS
The indicator provides the following alert conditions:
- Extreme Crowding Long: Triggered when crowded score exceeds extreme threshold
- Extreme Crowding Short: Triggered when crowded score falls below negative extreme threshold
- Positioning Flip: Triggered when speculator net position crosses zero
- Bearish Divergence: Triggered when bearish price/positioning divergence detected
- Bullish Divergence: Triggered when bullish price/positioning divergence detected
LIMITATIONS
- COT data is released weekly with a 3-day delay (Tuesday positions released Friday)
- Not all symbols have COT data available
- Crowded positioning can persist during strong trends
- The indicator does not provide entry/exit signals, only positioning context
- Different COT Report Types use different trader categories
Analyse de la tendance
TA EURUSD Strategy With Trend IdentifierTA EURUSD Strategy With Trend Identifier is a price action–based trading indicator designed specifically for the EURUSD pair.
It highlights important market zones and uses an EMA-based trend identifier to show the overall market direction, helping traders understand whether to focus on buy or sell opportunities.
The indicator is built to keep the chart clean and easy to read, allowing traders to focus on structure, trend, and high-probability trade setups without unnecessary complexity.
TA Universal Strategy 3.0TA Universal Strategy 3.0 is a simple, price action–based trading indicator designed to help traders plan their trades clearly.
The indicator shows ready-made Entry Models that automatically mark entry, stop loss, and take profit areas using a selected price range. This helps traders see where to enter and where to exit without guessing.
It is built to keep the chart clean and easy to understand, focusing on structure and risk instead of complicated indicators.
INCEPTEDGE NIFTY OPTIONSMarkets move with structure, not chaos — if you know where to look.
Our Pivot, SMA & VWAP–based indicator is designed to identify institutional levels, trend direction, and high-probability trade zones with absolute clarity.
Pivot Points highlight key support & resistance where price reacts again and again.
SMA (Simple Moving Average) defines the true market trend — no lagging noise, no guesswork.
VWAP (Volume Weighted Average Price) reveals fair value, showing where smart money is active.
TA USDCAD Strategy With Trend IdentifierTA USDCAD Strategy With Trend Identifier is a price action–based trading indicator designed exclusively for the USDCAD pair.
This indicator identifies a special Magic Area, which highlights an important price zone where strong market reactions often occur. These zones help traders focus on areas of interest instead of random price movement.
Along with the Magic Area, the indicator uses an EMA-based trend identifier to show the overall market direction, making it easier to align trades with the trend.
The goal of this indicator is to keep trading simple, clean, and focused on high-probability setups without cluttering the chart.
Cartomancy PRO - Daily Suit IndicatorAdvanced calendar based indicator that maps playing card suits to dates for identifying market patterns.
Core Functionality
• Highlights suit periods with color coded boxes (♦ for higher high pushes, ♥ for stabilization)
• Displays vertical lines at suit transitions with countdown labels
• Strategy Panel: Guidance, next suit dates, days remaining, and win percentages (HH/LL vs prior block)
• Statistics Panel: Historical returns, highs, and lows per suit
• Fibonacci 23.6% re-entry zones (customizable as boxes or lines)
Backtested Patterns
• ♦ Diamonds: 60–70% higher highs (vs previous suit's high)
• Suit transitions: 19–30% retracements (near Fib 23.6%)
Performance Insights (2010–2026 Backtests)
• Average annualized return across tested assets: 33–45%
• Top performers (full period): SOL (up to 123%), TSLA (52%), BTC (75%), NVDA (39.5%)
• Drawdown reduction vs buy-and-hold: 15–20%
• Bear market (2022): Average 41% less drawdown
Forward Testing (Walk-Forward, 2021–2026 Unseen Data)
• Positive in 75% of assets
• Examples: SOL (1.71%), TSLA (16.9%), BTC (4.84%)
• Bear performance (2022): Confirmed 41% average drawdown reduction
Daily timeframe recommended. For educational purposes only – past performance does not guarantee future results. Not financial advice.
INCEPTEDGE TRENDAt InceptEdge Enterprises, we believe the market doesn’t need prediction — it needs discipline.
Our trading approach is built on Fibonacci levels and pure market trend analysis, the same timeless tools professional traders have relied on for decades. No noise, no over-indicators, no emotional trading.
We focus on:
Minimum loss protection
High-probability entries
Strict risk management
Consistent 1:3 risk-reward trades
For every trade, risk is defined first. Profits are allowed to grow. Losses are cut early — always.
That’s how capital survives. That’s how accounts grow.
We don’t chase the market.
We follow the trend, respect price structure, and let Fibonacci do the heavy lifting.
Small losses. Big wins. Repeatable process.
If you’re tired of random tips and want a structured, professional trading mindset, you’re in the right place.
Dynamic Trend TrackerDynamic Trend Tracker is a clean, trend-focused indicator built for traders who value structure over noise.
It combines a slow EMA (21) and a fast SMA (9) to visually define market direction and momentum. The indicator automatically adapts its color based on price position relative to the slow EMA:
• Green when price is above the trend → bullish conditions
• Red when price is below the trend → bearish conditions
• Neutral when price is at equilibrium
The filled area between the moving averages highlights trend strength and alignment, making it easier to see when momentum is expanding or compressing.
There are no buy/sell signals, no alerts, and no clutter. This tool is not meant to think for you. It is designed to support discipline, patience, and trend-based execution.
Best used for:
• Trend confirmation
• Trade filtering (only trade with the trend)
• Clean chart environments
• Indices, forex, crypto, and higher-timeframe structure
If you trade momentum and respect structure, this indicator keeps you aligned with the market instead of reacting to it.
Weekend Highs & Lows (BTC)Weekend highs and lows are generally taken, this indicator will help get stats for that
Jones Quantum Cockpit v9.0 [Final Integrated]🐺 The Final Piece of the Ecosystem: The "Brain"
Jones Quantum Cockpit v9.0 is not just an indicator; it is a Tactical Command Center (HQ) designed to replicate the environment analysis of an institutional Bloomberg terminal.
Most traders fail not because they lack entry signals, but because they use the wrong strategy in the wrong environment. You cannot use a Trend Following strategy in a Choppy Market, nor can you use a Range strategy during a Liquidity Crash.
This tool calculates Macro Correlations, Chaos Theory (Market Structure), and Institutional Flow in real-time to tell you exactly "Which Weapon to Use" right now.
📊 1. MACRO DRIVER (The Global Context)
Top Row
Markets do not move in isolation. They are driven by Yields, Currencies, and Equities.
The Quantum Engine runs a real-time correlation matrix against US10Y, DXY, SPX, and Crude Oil to identify the current "Ruler" of the chart.
DRIVER: YIELDS (Sync): The asset is moving in lockstep with Bond Yields. High reliability.
DRIVER: NONE (RANDOM): The asset has detached from macro reality. Pure speculative noise. Caution advised.
🔬 2. QUANT METRICS (Quality & Quantity)
Middle Row
Before taking a trade, we must assess the "Health" of the market.
STR (Structure): Measures the "Order" of price action using Fractal/Chaos analysis. High STR means a clean trend; Low STR means Random Walk (Noise).
NRG (Energy): Measures Volatility Baseline. Is the engine running hot enough to move price?
FLW (Flow): Relative Volume (RVOL) monitor.
💧 = Low Liquidity.
🔥 = Institutional Activity (High Rvol).
ADR (Reach): Average Daily Range exhaustion.
If ADR > 100%, the gas tank is empty.
(O.B) = Overbought/Oversold. Do not chase the trend here.
🌐 3. MTF MATRIX (The Trend)
Main Table
Monitors Trend Direction, Regime, and Statistical Anomalies (Z-Score) from 5m to 4H timeframes.
Note: If the Chaos Engine detects a "Random Market," the Signal column will force a "NOISE" status, preventing you from trading false breakouts.
🧠 4. TACTICAL ADVISOR (The Conclusion)
Bottom Row
This is the core of the system. Based on all the data above, the AI determines the optimal strategy for the current session.
🚀 USE: ESSENTIAL:
Condition: Perfect Order + High Flow + Macro Sync.
Action: Aggressive Trend Following.
🎯 USE: KINETIC:
Condition: Trend exists, but Flow/Macro is weak.
Action: Filtered, precision entries only.
🛡️ USE: ELASTIC:
Condition: Panic, Crash, or Extreme Anomaly (>2.5σ).
Action: NO TREND TRADING. Switch to Mean Reversion (Snap-backs) only.
✋ STAY CASH:
Condition: No clear edge.
Action: The best position is no position.
🚨 CRISIS MODE (Red Background)
If the panel turns RED, the market is in a state of Panic/Anomaly.
Volatility has exploded, or price has deviated too far from the mean (Z-Score > 2.5).
DO NOT CHASE PRICE. Switch to Jones Elastic logic or wait for the storm to pass.
This tool is designed to work as the "Manager" for the Jones Algo Series (Essential, Kinetic, Elastic).
"Stop guessing. Start measuring."
-----------
Jones Quantum Cockpit v9.0 取扱説明書
Institutional Grade Environment Analysis System
1. 概要
Jones Quantum Cockpitは、単なる売買シグナルツールではありません。
市場の**「外部環境（マクロ）」「内部構造（カオス理論）」「需給（資金フロー）」をリアルタイムで複合演算し、現在の相場環境に最適な「戦術（どのJonesツールを使うべきか）」**を指揮する、トレードの司令塔（ヘッドクォーター）です。
本システムは、機関投資家がBloomberg端末で行う高度な環境認識を、TradingView上で再現することを目的としています。
2. インターフェース詳細解説
パネルは上から順に「マクロ要因」「クオンツ分析」「マルチタイム分析」「戦術指令」の4層構造になっています。
【最上段】 MACRO DRIVER（市場の支配者）
「今、このチャートは何に連動して動いているか？」
通貨や株価は単独では動きません。AIが裏側で「米金利(US10Y)」「ドル指数(DXY)」「米国株(SPX)」「原油(OIL)」との相関を総当たり計算し、現在最も強い影響を与えている要因（ドライバー）を表示します。
表示例: DRIVER: YIELDS (US10Y) (Sync)
要因名: 今は「米金利」が主導しています。
Sync / Inverse: Syncは正相関（連動）、Inverseは逆相関（逆の動き）を意味します。
: 連動率の強さです。80%以上あれば非常に強い根拠となります。
注意: DRIVER: NONE (RANDOM)
どのマクロ指標とも連動していません。投機的なランダムウォーク状態であるため、ダマシに合う確率が高い「危険な時間帯」です。
【中段】 QUANT METRICS（相場の質と量）
「このトレンドは本物か？ 燃料はあるか？」
行1：QUALITY（相場の質）
STR (Structure / 構造効率)
概念: カオス理論（フラクタル解析）を用い、値動きの「秩序」を数値化します。
見方: 数値が高いほど「ノイズの少ない綺麗なトレンド」です。数値が低すぎると「ランダム（カオス）」と判定され、トレード不適格となります。
バー表示: ▮▮▮▮▯ (右に行くほど高品質)
NRG (Energy / 変動エネルギー)
概念: 相場の基礎代謝（ボラティリティ）を計測します。
見方: 車のエンジン回転数です。数値が低すぎると、エントリーしても価格が動きません。逆に高すぎるとパニックの予兆となります。
行2：QUANTITY（相場の量・需給）
FLW (Flow / 資金流入)
概念: 機関投資家レベルの大口注文（出来高）が流入しているかを監視します。
見方: **100%**を基準とします。
💧 (100%未満): 閑散としています。
🌊 (100%前後): 通常の状態です。
🔥 (150%超): 機関投資家が介入しています。 強いトレンドが発生する合図です。
ADR (Reach / 到達度)
概念: 「その銘柄が1日に動ける平均距離」に対し、今日すでにどれくらい動いたか？
見方:
~80%: まだ伸びる余地があります。
100%超: ガス欠の可能性があります。深追いは禁物です。
(O.B): Over Bought/Sold（行き過ぎ）。ここからの順張りは危険です。逆張りの優位性が高まります。
【メイン】 MTF MATRIX（マルチタイム分析）
「全時間足の方向は揃っているか？」
5分足〜4時間足までのトレンド状態を一覧表示します。
REGIME: トレンド相場か、レンジ（サイクル）相場かを判定。
TREND: トレンドの方向（▲上昇 / ▼下降）。
ANOMALY: 現在価格の統計的異常値（Zスコア）。
赤文字 (例: 2.50σ): 異常な加熱状態です。平均回帰（反転）のリスクが高まっています。
SIGNAL: 最終的な売買判断。
重要: トレンドが出ていても、STR（構造）が悪かったり、マクロ相関がない場合は、安全装置が作動し強制的に**「NOISE（グレー）」**と表示されます。これにより無駄なエントリーを防ぎます。
【最下段】 TACTICAL ADVISOR（戦術指令）
「結論、どのツールでどう戦うべきか？」
上記すべてのデータをAIが統合判断し、推奨される戦略（Jonesシリーズ）を提示します。
1. 🚀 USE: ESSENTIAL (TREND FOLLOW)
条件: マクロ連動あり・構造きれい・燃料あり・加熱感なし。
戦略: ボーナスステージです。 Jones Essential のシグナルに従い、積極的に順張りを狙ってください。利益を最大化できる局面です。
2. 🎯 USE: KINETIC (FILTERED ENTRY)
条件: トレンドはあるが、燃料不足やマクロ乖離が見られる。
戦略: Jones Algo (Pro Max/Kinetic) を使用してください。HTFフィルターや各種条件が揃った「堅いポイント」だけを狙う精密射撃モードです。
3. 🛡️ USE: ELASTIC (REVERSION / SNAP)
条件: パニック相場、またはADR/異常値の限界突破。
戦略: 順張りは禁止です。Jones Elastic に切り替え、ゴムが伸び切った瞬間の「反発（SNAP）」だけを狙う逆張り戦術をとってください。
4. ✋ STAY CASH (NO CLEAR EDGE)
条件: 優位性がありません。
戦略: 「何もしない」ことが利益になります。 ポジションを持たず、次のチャンスまで静観してください。
3. CRISIS MODE（緊急事態モード）について
パネルの背景色が**「赤色」に変化した場合、「CRISIS MODE」**が発動しています。
発生要因:
統計的異常値（±2.5σ以上）の検知。
ボラティリティの爆発的拡大（パニック売り/買い）。
ADR（限界値幅）の極端な超過。
アクション:
すべての順張り戦略（ブレイクアウト等）を即時停止してください。
相場が「壊れている」状態です。テクニカル分析が通用しないため、Elasticでの短期逆張り以外は手を出さないのが賢明です。
4. 推奨環境
データフィード:
「FLW（資金流入）」は出来高データを参照します。OANDA、FXCM、Binanceなど、出来高データが豊富なブローカーのチャートで使用することを強く推奨します。
時間足:
本システムは全時間足で動作しますが、特に15分足〜1時間足での表示において、デイトレードの環境認識として最高のパフォーマンスを発揮します。
SMC: Multi-TF Bias & HTF BOS with SessionsOverview
The HTF BOS (Session) - Precision Lines is a comprehensive trading tool designed for Smart Money Concepts (SMC) and price action traders. It identifies Higher Timeframe (HTF) Break of Structure (BOS) levels while filtering them based on specific trading sessions. Additionally, it features a built-in Bias Dashboard that tracks trend alignment across three different timeframes to help you stay on the right side of the market.
Key Features
1. Precision HTF BOS Tracking
Unlike standard indicators that only mark the breakout candle, this script uses high-precision pivot detection to identify the exact origin of a structural high or low.
Tam Yapışık Çizgiler (Precise Lines): The BOS lines are drawn exactly from the pivot point to the breakout point, providing a clean and professional look on your chart.
HTF Integration: You can track structure from a higher timeframe (e.g., 4H) while trading on a lower timeframe (e.g., 15m or 5m).
2. Session Filtering (Time Sensitivity)
Structural breaks are most reliable when they happen during high-volume periods.
The script includes a Session Filter (London & New York).
If enabled, the indicator will only plot BOS levels that occur during your specified trading hours, helping you avoid "fake-outs" or noise during low-liquidity periods (Asian session/After-hours).
3. Multi-Timeframe Bias Dashboard
Stay aware of the "Big Picture" without constantly switching charts. The dashboard monitors three custom timeframes (e.g., Daily, 4H, 1H) and determines if the structure is Bullish or Bearish.
Strong Buy/Sell Signals: When all three timeframes align, the status cell highlights as "BUY" or "SELL."
Wait Status: If timeframes are in conflict, the dashboard suggests "WAIT," encouraging disciplined trading.
How to Use
Define Your Bias: Set your three Bias Timeframes in the settings to match your higher-level strategy.
Set Your BOS TF: Choose the timeframe you want structural breaks to be calculated from (usually one or two steps above your entry chart).
Adjust Sensitivity: Use the "Pivot Sensitivity" setting to filter between minor and major structural points.
Confirm with Session: Enable the session filter to ensure you are only trading breaks that occur during the NY or London sessions.
Settings
Bias Dashboard Settings: Customize the TFs and pivot sensitivity for trend analysis.
BOS & Session Settings: Set your target HTF for drawings and define your trading window (NY Timezone supported).
Visual Settings: Full control over colors (Bullish/Bearish), table positioning, and text sizes.
Volume Weighted Intra Bar LR KurtosisThis indicator analyzes market character by decomposing total
Excess Kurtosis ("Fat Tails") of a SINGLE BAR into four distinct,
interpretable components based on a Linear Regression model.
Key Features:
1. **Intra-Bar LR Kurtosis Decomposition:** For each bar on the chart,
the indicator analyzes the underlying price action on a smaller
timeframe ('Intra-Bar Timeframe'). It fits a Linear Regression
line through the intra-bar data to decompose the 4th Moment:
- **Trend Kurtosis (Gold):** Peakedness of the regression line
itself. High values indicate the price path within the bar
moves in sudden jumps, steps, or gaps (discontinuous path).
- **Residual Kurtosis (Red):** Excess Kurtosis of the noise
around the regression line. Captures "Hidden Tail Risk" or
extreme outliers within the bar relative to the trend.
- **Within-Bar Kurtosis (Blue):** Fat tails derived from the
microstructure of individual intra-bar candles.
- **Interaction Variance (Dark Grey):** The comovement of variance
and mean deviations (volatility clustering relative to trend).
- **Interaction Skewness (Darker Grey):** The comovement of skewness
and mean deviations (asymmetry relative to trend).
2. **Visual Decomposition Logic:** Total Excess Kurtosis is the
primary metric displayed. Since statistical moments are additive,
this indicator calculates the *exact* Total Kurtosis and partitions
the columns based on the Law of Total Moments.
3. **Dual Display Modes:** The indicator offers two modes to
visualize this decomposition:
- **Absolute Mode:** Plots the *total* kurtosis as a
stacked column chart. Stacking logic groups components to
ensure visual clarity of the magnitude.
- **Relative Mode:** Plots the direct *contribution ratio*
(proportion) of each component relative to the total sum,
ideal for identifying the dominant driver (Trend vs. Noise).
4. **Calculation Options:**
- **Normalization:** An optional 'Normalize' setting
transforms inputs into logarithmic space, analyzing the
kurtosis of *returns* rather than absolute prices.
- **Volume Weighting:** An option (`Volume weighted`) applies
volume weighting to all regression and moment calculations,
emphasizing high-participation moves.
5. **Kurtosis Cycle Analysis:**
- **Pivot Detection:** Includes a built-in pivot detector
that identifies significant turning points (peaks/valleys) in
the *total* kurtosis line. (Note: This is only visible
in 'Absolute Mode').
- **Flexible Pivot Algorithms:** Supports various underlying
mathematical models for pivot detection provided by the
core library.
6. **Note on Confirmation (Lag):** Pivot signals are confirmed
using a lookback method. A pivot is only plotted *after*
the `Pivot Right Bars` input has passed, which introduces
an inherent lag.
7. **Multi-Timeframe (MTF) Capability:**
- **MTF Analysis Lines:** The entire intra-bar analysis can be
run on a higher timeframe (using the `Timeframe` input),
with standard options to handle gaps (`Fill Gaps`) and
prevent repainting (`Wait for...`).
- **Limitation:** The Pivot detection (`Calculate Pivots`) is
**disabled** if a Higher Timeframe (HTF) is selected.
8. **Integrated Alerts:** Includes comprehensive alerts for:
- Kurtosis magnitude (High Positive / High Negative).
- Character changes (Trend Jumps vs. Noise Outliers).
- Total Kurtosis pivot (High/Low) detection.
**Caution: Real-Time Data Behavior (Intra-Bar Repainting)**
This indicator uses high-resolution intra-bar data. As a result, the
values on the **current, unclosed bar** (the real-time bar) will
update dynamically as new intra-bar data arrives. This behavior is
normal and necessary for this type of analysis. Signals should only
be considered final **after the main chart bar has closed.**
---
**DISCLAIMER**
1. **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.
2. **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.
3. **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.
4. **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.
5. **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.
Smart SafeZone Stops [MarkitTick]💡 This script represents a sophisticated evolution of volatility-based trailing stop methodologies. It is designed to assist traders in managing trend-following positions by dynamically adjusting stop-loss levels based on market noise, directional momentum, and volume flows. Unlike static trailing stops that move by a fixed percentage or simple ATR multiples, this tool calculates the "safe zone" by analyzing how far price has penetrated against the trend over a specific lookback period, offering a granular approach to risk management that adapts to changing market conditions.
✨ Originality and Utility
The primary utility of this indicator lies in its ability to filter out market noise while remaining tight enough to protect profits during strong trends. While the classic SafeZone concept (popularized by Dr. Alexander Elder) is effective, this script introduces several modern enhancements that increase its robustness:
● Dynamic ADX Integration Standard SafeZone stops use a fixed multiplier. This script integrates the Average Directional Index (ADX) to gauge trend strength. When the trend is strong, the stop tightens (Aggressive Multiplier) to lock in profits rapidly. When the trend is weak or choppy, the stop widens (Conservative Multiplier) to prevent premature shakeouts. ● Volume-Weighted Noise Price movement on low volume is often considered "noise," while high-volume movement signifies conviction. This script optionally weights the noise calculation by Relative Volume. A downward spike on low volume will affect the stop level less than a downward spike on high volume.
● 3-Day Smoothing Mechanism To prevent the stop line from becoming too jagged or reacting to single-bar anomalies, the script applies a 3-day smoothing algorithm. It utilizes the "worst-case" scenario of the last three calculated stop levels, ensuring the stop only moves when the trend structure genuinely shifts.
🔬 Methodology and Concepts
The underlying logic operates on a "Ratchet" mechanism, meaning the stop line can only move in the direction of the trade (up for longs, down for shorts) and never retraces until a trend reversal occurs.
● Directional Noise Calculation The script separates market noise into two components: Downside Penetration (for Longs): The distance the price dips below the previous bar's low. Upside Penetration (for Shorts): The distance the price spikes above the previous bar's high. The average of these penetrations is calculated over the Noise Lookback Period .
● The SafeZone Formula The raw stop level is derived as follows: Long Stop = Previous Low - (Average Downside Noise × Multiplier) Short Stop = Previous High + (Average Upside Noise × Multiplier)
● Adaptive Multiplier Logic If Dynamic ADX is enabled: If ADX > Strong Threshold: Use Aggressive Multiplier (e.g., 1.5x). If ADX < Weak Threshold: Use Conservative Multiplier (e.g., 3.5x). Otherwise: Use the Base Safety Coefficient.
● Exhaustion Detection The script calculates the distance between the current Close price and the Active Stop. If this distance exceeds a specific multiple of the ATR (Average True Range), it flags a "Mean Reversion" or "Exhaustion" warning, suggesting price has extended too far from equilibrium.
🎨 Visual Guide
The indicator plots distinct visual elements to guide decision-making without cluttering the chart excessively.
● Trailing Stop Lines Green Line (Solid): Represents the SafeZone Long Stop. This line appears below price during an uptrend. As long as price closes above this line, the bullish bias is intact. Red Line (Solid): Represents the SafeZone Short Stop. This line appears above price during a downtrend. A close above this line signals a potential short exit or reversal.
● Trend Signals Green Triangle (Below Bar): Marks the "Bull Start." This occurs when the price crosses above the Trend Filter EMA and the trend logic flips to bullish. Red Triangle (Above Bar): Marks the "Bear Start." Indicates the start of a downtrend sequence.
● Exhaustion Warnings Yellow Labels (⚠️): These appear when price has extended significantly away from the stop line (based on the ATR Exhaustion Multiplier). This is not an immediate sell signal but a warning that the trend may be overextended and a pullback is probable.
● MTF Consensus Cloud Background Color: If enabled, the chart background changes color to reflect the Higher Timeframe (HTF) trend. Green Background: Current trend matches HTF Uptrend. Red Background: Current trend matches HTF Downtrend. Gray Background: Trends are mismatched (Consolidation/Conflict).
● Quantitative Dashboard A table located in the top-right corner displays real-time statistics: Trend: Current state (BULLISH/BEARISH). Age: Number of bars since the trend began. Stop Price: Exact price level of the trailing stop. Risk %: The percentage distance from the current Close to the Stop. If this exceeds 3%, the text turns red to highlight elevated risk. Active Mult: The current multiplier being used (Dynamic or Fixed). ADX State: Shows if the trend is Strong, Weak, or Normal.
📖 How to Use
1. Entry Timing Wait for a Trend Switch signal (Triangle). For a long entry (Green Triangle), ensure the price is above the Trend Baseline (EMA). Ideally, look for confluence with the MTF Cloud (Green Background).
2. Position Management Once in a trade, use the Trailing Stop Line as your hard exit or invalidation point. Do not manually move the stop away from price; the script automatically "ratchets" the stop tighter as the trend progresses.
3. Taking Profits Use the "Exhaustion Warnings" (⚠️) as opportunities to scale out of positions. When price moves parabolically away from the stop line, the probability of a snap-back increases.
4. Managing Chop If the dashboard shows "ADX State: WEAK," expect the stop line to remain wider. This allows the asset "room to breathe" without stopping you out on random volatility.
⚙️ Inputs and Settings
The script is highly customizable to fit different asset classes (Crypto, Forex, Stocks).
● Trend Definitions Trend Filter (EMA Length): Determines the baseline trend bias (Default: 22). Price must be above this EMA to initiate a long calculation.
● Noise Calculation Noise Lookback Period: The number of bars used to calculate average penetration (Default: 10). Base Safety Coefficient: The standard multiplier applied to the noise average (Default: 2.5). Higher values = wider stops. Use Volume Weighting: Enables the volume-adjustment logic. Use 3-Day Smoothing: Recommended keeping this TRUE to avoid stop-hunts.
● Dynamic Multiplier (ADX) Enable Dynamic ADX: Toggles the adaptive multiplier. Strong/Weak Thresholds: The ADX levels that trigger aggressive or conservative multipliers.
● Multi-Timeframe Consensus Higher Timeframe: Select the TF for the cloud background (e.g., Daily or Weekly).
● Exhaustion Warning ATR Multiplier: Defines how far price must be from the stop to trigger a warning (Default: 3.0).
🔍 Deconstruction of the Underlying Scientific and Academic Framework
The "Smart SafeZone" indicator is grounded in the statistical analysis of market noise versus signal.
● Theory of Noise Penetration Conventional stops often use Standard Deviation (Bollinger Bands) or Average True Range (Keltner Channels/Chandelier Stops). While effective, these measures assume volatility is symmetrical. This script adopts the view that directional volatility matters more. In an uptrend, upside volatility is "good" signal, while downside volatility is "noise." By explicitly calculating the average downside penetration (Low - Low), the script isolates the specific counter-trend force acting on the asset. ● Volume-Weighted Price Analysis (VWPA) The inclusion of volume weighting draws upon Dow Theory principles, which state that volume must confirm the trend. Math: Penetration × (Volume / AverageVolume) This formula asserts that a price drop on low volume is statistically less significant than a drop on high volume. By dampening the impact of low-volume moves, the stop becomes more resistant to liquidity vacuums and algorithmic stop-hunts.
● Trend Efficiency (ADX) The integration of J. Welles Wilder’s ADX (Average Directional Index) adds a dimension of Trend Efficiency. High ADX values indicate a highly efficient trend with little retracement. Mathematically, this justifies a lower standard deviation (or noise multiplier) for the stop, as the probability of a deep retracement without a trend change is lower in high-momentum environments.
⚠️ Disclaimer
All provided scripts and indicators are strictly for educational exploration and must not be interpreted as financial advice or a recommendation to execute trades. I expressly disclaim all liability for any financial losses or damages that may result, directly or indirectly, from the reliance on or application of these tools. Market participation carries inherent risk where past performance never guarantees future returns, leaving all investment decisions and due diligence solely at your own discretion.
Volume Weighted LR KurtosisThis indicator analyzes market character by decomposing total
Excess Kurtosis ("Fat Tails") into four distinct, interpretable
components based on a Linear Regression model.
Key Features:
1. **Four-Component Kurtosis Decomposition:** The indicator
separates market tail risk based on the 'Estimate Bar Statistics' option.
It leverages the Law of Total Moments to provide an additive
breakdown of the 4th Statistical Moment:
- **Trend Kurtosis (Gold):** Peakedness of the regression line
itself. High values indicate the trend moves in sudden jumps,
steps, or gaps (discontinuous path).
- **Residual Kurtosis (Red):** Excess Kurtosis of the noise
around the regression line. This captures the "Hidden Tail Risk"
(extreme outliers relative to the trend).
- **Within-Bar Kurtosis (Blue):** Fat tails derived from the
microstructure of individual bars (requires 'Estimate Bar Statistics').
- **Interaction Variance (Dark Grey):** The comovement of variance
and mean deviations (volatility clustering relative to trend).
- **Interaction Skewness (Darker Grey):** The comovement of skewness
and mean deviations (asymmetry relative to trend).
2. **Visual Decomposition Logic:** Total Excess Kurtosis is the
primary metric displayed. Since statistical moments are additive,
this indicator calculates the *exact* Total Kurtosis and partitions
the area to visualize the contribution (weight) of each
structural source to the overall tail risk.
3. **Dual Display Modes:** The indicator offers two modes to
visualize this decomposition:
- **Absolute Mode:** Displays the *total* kurtosis as a
stacked area chart, allowing to see the magnitude of tail risk.
Stacking logic groups components to ensure visual clarity.
- **Relative Mode:** Displays the direct *contribution ratio*
(proportion) of each component relative to the total sum,
ideal for identifying the dominant driver of the risk.
4. **Calculation Options:**
- **Normalization:** An optional 'Normalize' setting
transforms inputs into logarithmic space, analyzing the
kurtosis of *returns* rather than absolute prices.
- **Volume Weighting:** An option (`Volume weighted`) applies
volume weighting to all regression and moment calculations,
emphasizing high-participation moves.
5. **Kurtosis Cycle Analysis:**
- **Pivot Detection:** Includes a built-in pivot detector
that identifies significant turning points (peaks/valleys) in
the *total* kurtosis line. This helps identify extremes in
market fragility or structural changes.
- **Flexible Pivot Algorithms:** Supports various underlying
mathematical models for pivot detection provided by the
core library.
6. **Note on Confirmation (Lag):** Pivot signals are confirmed
using a lookback method. A pivot is only plotted *after*
the `Pivot Right Bars` input has passed, which introduces
an inherent lag.
7. **Multi-Timeframe (MTF) Capability:**
- **MTF Kurtosis Lines:** The kurtosis lines can be
calculated on a higher timeframe, with standard options
to handle gaps (`Fill Gaps`) and prevent repainting
(`Wait for...`).
- **Limitation:** The Pivot detection (`Calculate Pivots`) is
**disabled** if a Higher Timeframe (HTF) is selected.
8. **Integrated Alerts:** Includes comprehensive alerts for:
- Kurtosis magnitude (High Positive / High Negative).
- Kurtosis character changes/emerging/fading.
- Total Kurtosis pivot (High/Low) detection.
---
**DISCLAIMER**
1. **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.
2. **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.
3. **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.
4. **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.
5. **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.
Volume Weighted Intra Bar LR SkewnessThis indicator analyzes market character by decomposing total
skewness (asymmetry) of a SINGLE BAR into four distinct,
interpretable components based on a Linear Regression model.
Key Features:
1. **Intra-Bar LR Skewness Decomposition:** For each bar on the chart,
the indicator analyzes the underlying price action on a smaller
timeframe ('Intra-Bar Timeframe'). It fits a Linear Regression
line through the intra-bar data to decompose the 3rd Moment:
- **Trend Skewness (Green/Red):** Asymmetry originating from
the slope of the intra-bar regression line. Indicates if the
price path within the bar is geometrically trend-driven.
- **Residual Skewness (Yellow):** Asymmetry of the noise
around the regression line. Captures "Tail Risk" or sudden
shocks within the bar that deviate from the main path.
- **Within-Bar Skewness (Blue):** Asymmetry derived from the
microstructure of individual intra-bar candles.
- **Interaction Skewness (Dark Grey):** Asymmetry caused by
the correlation between price levels and volatility within
the bar (e.g., volatility expanding as price drops).
2. **Visual Decomposition Logic:** Total Skewness is the
primary metric displayed. Since statistical moments are additive,
this indicator calculates the *exact* Total Skewness and partitions
the columns based on the Law of Total Moments.
3. **Dual Display Modes:** The indicator offers two modes to
visualize this decomposition:
- **Absolute Mode:** Plots the *total* skewness as a
stacked column chart. Stacking logic groups components with
the same sign to ensure visual clarity.
- **Relative Mode:** Plots the direct *contribution ratio*
(proportion) of each component relative to the total sum,
ideal for identifying the dominant driver (Trend vs. Noise).
4. **Calculation Options:**
- **Normalization:** An optional 'Normalize' setting
transforms inputs into logarithmic space, analyzing the
skewness of *returns* rather than absolute prices.
- **Volume Weighting:** An option (`Volume weighted`) applies
volume weighting to all regression and moment calculations,
emphasizing high-participation moves.
5. **Skewness Cycle Analysis:**
- **Pivot Detection:** Includes a built-in pivot detector
that identifies significant turning points (peaks/valleys) in
the *total* skewness line. (Note: This is only visible
in 'Absolute Mode').
- **Flexible Pivot Algorithms:** Supports various underlying
mathematical models for pivot detection provided by the
core library.
6. **Note on Confirmation (Lag):** Pivot signals are confirmed
using a lookback method. A pivot is only plotted *after*
the `Pivot Right Bars` input has passed, which introduces
an inherent lag.
7. **Multi-Timeframe (MTF) Capability:**
- **MTF Analysis Lines:** The entire intra-bar analysis can be
run on a higher timeframe (using the `Timeframe` input),
with standard options to handle gaps (`Fill Gaps`) and
prevent repainting (`Wait for...`).
- **Limitation:** The Pivot detection (`Calculate Pivots`) is
**disabled** if a Higher Timeframe (HTF) is selected.
8. **Integrated Alerts:** Includes comprehensive alerts for:
- Skewness magnitude (High Positive / High Negative).
- Character changes (Trend vs. Noise dominance).
- Total Skewness pivot (High/Low) detection.
**Caution: Real-Time Data Behavior (Intra-Bar Repainting)**
This indicator uses high-resolution intra-bar data. As a result, the
values on the **current, unclosed bar** (the real-time bar) will
update dynamically as new intra-bar data arrives. This behavior is
normal and necessary for this type of analysis. Signals should only
be considered final **after the main chart bar has closed.**
---
**DISCLAIMER**
1. **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.
2. **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.
3. **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.
4. **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.
5. **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.
Volume Weighted LR SkewnessThis indicator analyzes market character by decomposing total
skewness (asymmetry) into four distinct, interpretable components
based on a Linear Regression model.
Key Features:
1. **Four-Component Skewness Decomposition:** The indicator
separates market asymmetry based on the 'Estimate Bar Statistics' option.
It leverages the Law of Total Moments to provide an additive
breakdown of the 3rd Statistical Moment:
- **Trend Skewness (Green/Red):** Asymmetry originating from
the slope of the regression line itself. Indicates if the
trend path is geometrically skewed.
- **Residual Skewness (Yellow):** Asymmetry of the noise
around the regression line. Captures "Tail Risk" (e.g.,
sudden spikes against the trend).
- **Within-Bar Skewness (Blue):** Asymmetry derived from the
microstructure of individual bars (requires 'Estimate Bar Statistics').
- **Interaction Skewness (Dark Grey):** Asymmetry caused by the
correlation between price levels and volatility (e.g.,
volatility expanding as price moves in one direction).
*Dominance of this component indicates an unstable, emotional market.*
2. **Visual Decomposition Logic:** Total Skewness is the
primary metric displayed. Since statistical moments are additive,
this indicator calculates the *exact* Total Skewness and partitions
the area to visualize the contribution (weight) of each
structural source to the overall market bias.
3. **Dual Display Modes:** The indicator offers two modes to
visualize this decomposition:
- **Absolute Mode:** Displays the *total* skewness as a
stacked area chart, allowing to see the magnitude of tail risk.
Stacking logic groups components with the same sign to ensure
visual clarity.
- **Relative Mode:** Displays the direct *contribution ratio*
(proportion) of each component relative to the total sum,
ideal for identifying the dominant driver of asymmetry.
4. **Calculation Options:**
- **Normalization:** An optional 'Normalize' setting
transforms inputs into logarithmic space, analyzing the
skewness of *returns* rather than absolute prices.
- **Volume Weighting:** An option (`Volume weighted`) applies
volume weighting to all regression and moment calculations,
emphasizing high-participation moves.
5. **Skewness Cycle Analysis:**
- **Pivot Detection:** Includes a built-in pivot detector
that identifies significant turning points (peaks/valleys) in
the *total* skewness line. This helps identify extremes in
market sentiment or structural bias.
- **Flexible Pivot Algorithms:** Supports various underlying
mathematical models for pivot detection provided by the
core library.
6. **Note on Confirmation (Lag):** Pivot signals are confirmed
using a lookback method. A pivot is only plotted *after*
the `Pivot Right Bars` input has passed, which introduces
an inherent lag.
7. **Multi-Timeframe (MTF) Capability:**
- **MTF Skewness Lines:** The skewness lines can be
calculated on a higher timeframe, with standard options
to handle gaps (`Fill Gaps`) and prevent repainting
(`Wait for...`).
- **Limitation:** The Pivot detection (`Calculate Pivots`) is
**disabled** if a Higher Timeframe (HTF) is selected.
8. **Integrated Alerts:** Includes comprehensive alerts for:
- Skewness magnitude (High Positive / High Negative).
- Skewness character changes/emerging/fading.
- Total Skewness pivot (High/Low) detection.
---
**DISCLAIMER**
1. **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.
2. **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.
3. **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.
4. **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.
5. **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.
HTF EMA Bias + LTF Pullback Continuation SignalsHTF EMA Pullback Signal is a trend-continuation tool designed to keep traders aligned with the higher-timeframe structure.
The indicator identifies the dominant trend using a higher-timeframe EMA and only generates signals when price pulls back and resumes in that same direction on the lower timeframe.
This helps filter out counter-trend trades, reduce overtrading, and focus on higher-probability continuation moves.
Best used for:
Trend days
Swing-style intraday trades
Traders who prefer patience over constant entries
Key concept:
Trend first. Pullback second. Entry last.
This indicator does not predict reversals. It is designed to help traders participate in existing trends with clearer structure and less emotional decision-making.
Recommended timeframes:
This indicator is designed to work best on the 15-minute and 1-hour charts, where higher-timeframe trend structure and pullbacks are clearer and more reliable.
SMC Pro: Institutional Bias & Liquidity Sweep EngineOverview This script is a high-confluence technical analysis tool designed for traders following Smart Money Concepts (SMC) and Price Action methodologies. Its primary objective is to filter trend-based signals (EMA 9/21 crossovers) by integrating two critical institutional filters: HTF Bias (Higher Timeframe Sentiment) and Directional Liquidity Sweeps.
Key Features & Technical Originality Unlike standard crossover indicators, this script introduces a multi-layered institutional validation logic:
Real-Time HTF Bias Dashboard: The indicator automatically calculates the Daily Bias based on the previous close's position relative to the "Equilibrium" (the 50% mark of the previous day's range). This sentiment is displayed via a clean UI dashboard in the top-right corner, ensuring traders stay aligned with the higher timeframe flow.
Directional Liquidity Sweeps: The engine identifies local highs and lows within a dynamic lookback period. A "BUY" signal is only triggered if the price has first performed a "Sweep Low" (raiding sell-side liquidity), and a "SELL" signal only follows a "Sweep High" (raiding buy-side liquidity). This effectively filters out "Bull/Bear Traps."
Adaptive Memory Logic: The signal engine "remembers" a liquidity raid for a configurable number of bars. This allows for natural price development before confirming the entry with the EMA cross, capturing the expansion phase of the move.
Weekly NWOG Anchor: Includes an automated New Week Opening Gap (NWOG) tracker. Following institutional liquidity principles, this box anchors from Friday’s close to the new week’s open. Per user-defined constraints, the projection is limited strictly to the current trading week to maintain chart clarity and relevance.
How to Use
Confluence: Look for "BUY" signals when the Dashboard displays a "BULLISH" Bias and a recent sweep of lows has occurred.
Context: Use the NWOG levels as institutional magnets; price often gravitates toward or rebalances these gaps before continuing its expansion.
Optimized Timeframes: Best suited for M1, M5, and M15 intraday scalping.
Disclaimer This indicator is a visual aid for technical analysis and does not constitute financial advice. Past performance does not guarantee future results.
Volume Weighted Intra Bar LR CorrelationThis indicator analyzes market character by providing a detailed
view of correlation. It applies a Linear Regression model to
intra-bar price action, dissecting the total correlation of
each bar into three distinct components.
Key Features:
1. **Three-Component Correlation Decomposition:** The indicator
separates correlation based on the 'Estimate Bar Statistics' option.
- **Standard Mode (`Estimate Bar Statistics` = OFF):** Calculates
correlation based on the selected `Source` (this results
mainly in 'Trend' and 'Residual' correlation).
- **Decomposition Mode (`Estimate Bar Statistics` = ON):** The
indicator uses a statistical model ('Estimator') to
calculate *within-bar* correlation.
(Assumption: In this mode, the `Source` input is
**ignored**, and an estimated mean for each bar is used
instead).
This separates correlation into:
- **Trend Correlation (Green/Red):** Correlation explained by the
regression's slope (Directional Alignment).
- **Residual Correlation (Yellow):** Correlation from price
oscillating around the regression line (Mean-Reversion/Cointegration).
- **Within-Bar Correlation (Blue):** Correlation from the
high-low range of each bar (Microstructure/Noise).
2. **Visual Decomposition Logic:** Total Correlation is the
primary metric displayed. Since Correlation Coefficients are not
linearly additive, this indicator plots the *exact* Total
Correlation and partitions the area underneath based on the
Covariance Ratio. This ensures the displayed total correlation
remains mathematically accurate while showing relative composition.
3. **Dual Display Modes:** The indicator offers two modes to
visualize this decomposition:
- **Absolute Mode:** Displays the *total* correlation as a
stacked area chart, partitioned by the ratio of
the three components.
- **Relative Mode:** Displays the direct *energy ratio*
(proportion) of each component relative to the total (0-1),
ideal for identifying the dominant market character.
4. **Calculation Options:**
- **Normalization:** An optional 'Normalize' setting
calculates an **Exponential Regression Curve** (log-space),
making the analysis suitable for growth assets.
- **Volume Weighting:** An option (`Volume weighted`) applies
volume weighting to all regression and correlation calculations.
5. **Correlation Cycle Analysis:**
- **Pivot Detection:** Includes a built-in pivot detector
that identifies significant turning points (highs and lows) in
the *total* correlation line. (Note: This is only visible
in 'Absolute Mode').
- **Flexible Pivot Algorithms:** Supports various underlying
mathematical models for pivot detection provided by the
core library.
6. **Note on Confirmation (Lag):** Pivot signals are confirmed
using a lookback method. A pivot is only plotted *after*
the `Pivot Right Bars` input has passed, which introduces
an inherent lag.
7. **Multi-Timeframe (MTF) Capability:**
- **MTF Correlation Lines:** The correlation lines can be
calculated on a higher timeframe, with standard options
to handle gaps (`Fill Gaps`) and prevent repainting
(`Wait for...`).
- **Limitation:** The Pivot detection (`Calculate Pivots`) is
**disabled** if a Higher Timeframe (HTF) is selected.
8. **Integrated Alerts:** Includes comprehensive alerts for:
- Correlation magnitude (High Positive / High Inverse).
- Correlation character changes/emerging/fading.
- Total Correlation pivot (High/Low) detection.
**Caution! Real-Time Data Behavior (Intra-Bar Repainting)**
This indicator uses high-resolution intra-bar data. As a result, the
values on the **current, unclosed bar** (the real-time bar) will
update dynamically as new intra-bar data arrives. This behavior is
normal and necessary for this type of analysis. Signals should only
be considered final **after the main chart bar has closed.**
---
**DISCLAIMER**
1. **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.
2. **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.
3. **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.
4. **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.
5. **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.
Directional Movement HistogramWhat the Indicator Is
Your script builds a Directional Movement Histogram. This is a visual tool that shows whether buyers (bulls) or sellers (bears) are currently stronger in the market.
How It Works in Simple Terms
It looks at how much prices are moving upward versus downward over a chosen period (default is 14 bars).
From that, it calculates two measures:
+DI (Directional Indicator Plus): strength of upward moves.
–DI (Directional Indicator Minus): strength of downward moves.
Then it compares the two by subtracting one from the other.
If the result is positive, it means upward strength is greater.
If the result is negative, it means downward strength is greater.
What You See on the Chart
The script plots a histogram (bar chart).
Blue bars appear when upward strength dominates (bullish).
Red bars appear when downward strength dominates (bearish).
The height of the bars shows how strong the dominance is.
Why It’s Useful
Instead of looking at two separate lines (+DI and –DI), you get a single, easy‑to‑read histogram.
It quickly tells you who’s in control:
Blue = buyers are stronger.
Red = sellers are stronger.
This can help in spotting shifts in market momentum and potential trend changes.
ORB + Index Smart Level Manager [FINAL V8.40 - Historical Days]Professional Intraday Level Manager for Indian Indices:
Overview Index Smart Levels is a comprehensive technical suite designed for Nifty 50, Bank Nifty, and Sensex traders. Unlike standard pivot indicators, this script uses a mathematical "ladder" logic and multi-timeframe ORB analysis to identify high-probability institutional support and resistance zones.
🚀 Key Features Bulletproof Stability Logic (6HR Auto-Hold):
Engineered to handle special trading sessions (like Muhurat or Budget days). The script locks strikes to the previous settlement price and only "flips" to new data 6 hours after market close (09:30 PM IST), ensuring your levels remain static and updates the revised settlement price reliable during live trading.
Mathematical T & L Series Ladders:
Uses ORB to project dynamic "Target" (T) and "Level" (L) series support/resistance lines. Sure targets.
Hybrid Option Cross-Plotting:
Automatically detects the correct ATM strike for both CALL and PUT, which will decide the market moving levels and shown as dashed reference lines. This concept works most efficiently.
Smart Market Status Table:
A real-time dashboard tracking Trend (Day/2H/1H/15M), RSI, ADX Trend Strength, SMC (Break of Structure), and Momentum in one compact view. It will show in first 15 mins, whether the market is trending bullish/bearish or Range.
📖 How to Use Opening Range:
Watch for price action relative to ORB. Mostly MID lines will confirm the direction, if the first 15 mins is above MID then it may be bullish then watch for the Targets and if the first 15 mins is below MID then it may be bearish then watch for the negative Targets. Side ways, refer to day trend status in the market status table for trending or range.
Ladder Targets:
Use the T-Series for short-term scalp targets and the L-Series for major intraday reversals. if the Target lines been broken strongly then it will reach next target for sure except, if L series lines are not before the target lines. Even market can go multiple targets, this script will automatically show the next targets/levels.
Cross-Plot Confirmation:
Use the dashed purple/red/green lines to see where the market is trapped or finding strength. If any Low has been broken then it has high probability to reach or break the high.
MIZAN v15.5: KEMAL (Ontological Synthesis)Title: Mizan v15.5: KEMAL (Ontological Synthesis & Psi Score)
Description:
This indicator represents the culmination of the "Mizan" philosophy, combining a custom Physics Engine (Cosmic Cloud) with an Organic Soul Engine (Psi Score).
Key Concepts developed in this script:
Psi Score (Soul): Unlike traditional RSI, the Psi Score calculates the intrinsic energy of an asset using a unique "Ontological Half-Life" of 136 bars and a "Resonance Period" of 43 bars. This filters out market noise and reveals the true intent of price action.
Cosmic Cloud (Physics): A volume-weighted gravity model. The cloud expands based on uncertainty (Psi entropy) and projects future price direction based on mass (Volume) and spacetime curvature (VWAP).
The Synthesis: The strategy only takes trades when the Physics (Cloud position) and the Soul (Psi energy) are in alignment, protected by a Trend Shield.
How to Use:
Green Cloud: Bullish Gravity.
Red Cloud: Bearish Gravity.
Dashboard: Provides real-time data on Gravity (g), Psi Energy %, and Next Price Targets.
Developed by Murat Kavak
SMC Smart Money Konzept Custom Script V11aThis script is based on the Smart Money Concept (SMC) and has been built by combining multiple proven logic blocks. The structure and features were specifically tailored to meet my personal trading needs.
The script automatically detects and visualizes key SMC elements:
• CHoCH (Change of Character) – signals potential trend reversals
• BOS (Break of Structure) – confirmation of the current market structure
• MSS (Market Structure Shift) – transition from trend to correction
• CISD – institutional displacement moves
• Order Blocks (OB) – potential institutional entry zones
• Fair Value Gaps (FVG / Imbalances) – price inefficiencies with reaction potential
• Pivot Points – key reaction and reference levels
• Swing Highs & Swing Lows – visual representation of market structure
The script comes preconfigured and is designed so that the default settings are sufficient for most trading strategies, without requiring extensive adjustments. At the same time, it remains flexible enough for individual optimization.
The goal of this script is to provide a clear and structured view of market structure, liquidity, and institutional price action, without overloading the chart.
⚠️ Disclaimer:
This is not a final version, but a fully functional development stage.
The script is ready for live analysis, backtesting, and further refinement.
This script does not constitute financial advice and does not replace proper risk management.
