Uday Samant Scalping SetupThis Is scalping setup use for Bank nifty options buying...
Price always moves around VWAP, Fractal give us potential reversal signal.
In this setup take entry next to fractal and Target at VWAP or 20 EMA which ever next to fractal.
Wskaźniki i strategie
RSI Strategy (Volume Removed for Testing)Here’s a concise version for your strategy description:
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### **RSI-Based Volume Strategy**
This strategy combines **RSI** and **Volume Spikes** to identify potential buy and sell signals.
- **Buy** when **RSI** falls below **30** (oversold) and there's a **volume spike**, signaling a possible reversal to the upside.
- **Sell** when **RSI** rises above **70** (overbought) and there's a **volume spike**, signaling a potential reversal to the downside.
**Inputs**:
- **RSI Length** (default 14)
- **RSI Buy Level** (default 30)
- **RSI Sell Level** (default 70)
- **Volume Multiplier** (default 1.5)
Ideal for markets with sharp reversals and strong volume movements. Test before live trading and use proper risk management.
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Short Entry and Exit - Stoch RSI (Base B) -[30m]Purpose: Identifies short entries/exits on the 30-minute chart.
Logic: Triggers when Stoch RSI crosses below 75–80 with price below the 75 EMA.
Use Case: Shorter swing shorts or reactive short trades during active market downturns.
Short Entry and Exit - Stoch RSI (Base B) -[15m]Purpose: Detects short (sell) entries and exits on the 15-minute chart.
Logic: Stochastic RSI triggers when overbought and price is below the 50 EMA.
Use Case: Fast short scalps in active downtrends.
Constance Brown RSI with Composite IndexConstance Brown RSI with Composite Index
Overview
This indicator combines Constance Brown's RSI interpretation methodology with a Composite Index and ATR Distance to VWAP measurement to provide a comprehensive trading tool. It helps identify trends, momentum shifts, overbought/oversold conditions, and potential reversal points.
Key Features
Color-coded RSI zones for immediate trend identification
Composite Index for momentum analysis and divergence detection
ATR Distance to VWAP for identifying extreme price deviations
Automatic divergence detection for early reversal warnings
Pre-configured alerts for key trading signals
How to Use This Indicator
Trend Identification
The RSI line changes color based on its position:
Blue zone (RSI > 50): Bullish trend - look for buying opportunities
Purple zone (RSI < 50): Bearish trend - look for selling opportunities
Gray zone (RSI 40-60): Neutral/transitional market - prepare for potential breakout
The 40-50 area (light blue fill) acts as support during uptrends, while the 50-60 area (light purple fill) acts as resistance during downtrends.
// From the code:
upTrendZone = rsiValue > 50 and rsiValue <= 90
downTrendZone = rsiValue < 50 and rsiValue >= 10
neutralZone = rsiValue > 40 and rsiValue < 60
rsiColor = neutralZone ? neutralRSI : upTrendZone ? upTrendRSI : downTrendRSI
Momentum Analysis
The Composite Index (fuchsia line) provides momentum confirmation:
Values above 50 indicate positive momentum
Values below 40 indicate negative momentum
Crossing above/below these thresholds signals potential momentum shifts
// From the code:
compositeIndexRaw = rsiChange / ta.stdev(rsiValue, rsiLength)
compositeIndex = ta.sma(compositeIndexRaw, compositeSmoothing)
compositeScaled = compositeIndex * 10 + 50 // Scaled to fit 0-100 range
Overbought/Oversold Detection
The ATR Distance to VWAP table in the top-right corner shows how far price has moved from VWAP in terms of ATR units:
Extreme positive values (orange/red): Potentially overbought
Extreme negative values (purple/red): Potentially oversold
Near zero (gray): Price near average value
// From the code:
priceDistance = (close - vwapValue) / ta.atr(atrPeriod)
// Color coding based on distance value
Divergence Trading
The indicator automatically detects divergences between the Composite Index and price:
Bullish divergence: Price makes lower low but Composite Index makes higher low
Bearish divergence: Price makes higher high but Composite Index makes lower high
// From the code:
divergenceBullish = ta.lowest(compositeIndex, rsiLength) > ta.lowest(close, rsiLength)
divergenceBearish = ta.highest(compositeIndex, rsiLength) < ta.highest(close, rsiLength)
Trading Strategies
Trend Following
1. Identify the trend using RSI color:
Blue = Uptrend, Purple = Downtrend
2. Wait for pullbacks to support/resistance zones:
In uptrends: Buy when RSI pulls back to 40-50 zone and bounces
In downtrends: Sell when RSI rallies to 50-60 zone and rejects
3. Confirm with Composite Index:
Uptrends: Composite Index stays above 50 or quickly returns above it
Downtrends: Composite Index stays below 50 or quickly returns below it
4. Manage risk using ATR Distance:
Take profits when ATR Distance reaches extreme values
Place stops beyond recent swing points
Reversal Trading
1. Look for divergences
Bullish: Price makes lower low but Composite Index makes higher low
Bearish: Price makes higher high but Composite Index makes lower high
2. Confirm with ATR Distance:
Extreme readings suggest potential reversals
3. Wait for RSI zone transition:
Bullish: RSI crosses above 40 (purple to neutral/blue)
Bearish: RSI crosses below 60 (blue to neutral/purple)
4. Enter after confirmation:
Use candlestick patterns for precise entry
Place stops beyond the divergence point
Four pre-configured alerts are available:
Momentum High: Composite Index above 50
Momentum Low: Composite Index below 40
Bullish Divergence: Composite Index higher low
Bearish Divergence: Composite Index lower high
Customization
Adjust these parameters to optimize for your trading style:
RSI Length: Default 14, lower for more sensitivity, higher for fewer signals
Composite Index Smoothing: Default 10, lower for quicker signals, higher for less noise
ATR Period: Default 14, affects the ATR Distance to VWAP calculation
This indicator works well across various markets and timeframes, though the default settings are optimized for daily charts. Adjust parameters for shorter or longer timeframes as needed.
Happy trading!
Long Entry and Exit with EMA - Stoch RSI (Base A) - 4HPurpose: Highlights long entries on the 4-hour chart.
Logic: Stronger signals requiring deep oversold + trend alignment above 200 EMA.
Use Case: Long-term positioning or trend continuation trades.
Long Entry and Exit with EMA - Stoch RSI (Base A) - 1HPurpose: Flags long opportunities on the 1-hour chart.
Logic: Uses more filtered Stoch RSI oversold signals and a 100 EMA trend check.
Use Case: For cleaner long entries during stable or trending market phases.
Long Entry and Exit with EMA - Stoch RSI (Base A) - 30minPurpose: Provides long trade signals on the 30-minute chart.
Logic: Long entries trigger when Stoch RSI crosses above 20–25 and price is above the 75 EMA.
Use Case: Balanced between quick entries and trend confirmation — suitable for both scalping and shorter swing trades.
Long Entry and Exit with EMA - Stoch RSI (Base A) - 15minPurpose: Identifies long (buy) entries and exits on the 15-minute chart.
Logic: Uses Stochastic RSI to find oversold conditions and filters trades to only trigger when the price is above the 50 EMA (indicating an uptrend).
Marker Positions: Entry arrows appear below the candle; exit arrows appear above.
Use Case: Short-term scalping and intraday long setups in an uptrend.
Session Markers: 00:00, London, NY (Last 7 Days)This script marks key time(s) -
1. midnight open
2. london session open
3. ny session open
The session markers show up in blue color with a gray text annotation.
Volume Spike with Entry & Stop LossSure! Here's a **short and concise description** of your strategy that you can share with the public:
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### **Volume Spike with Entry & Stop Loss Strategy**
This strategy identifies **significant volume spikes** in the market combined with **price breakouts** to signal **buy entries**. It aims to capture strong momentum moves while managing risk with a **stop loss**.
- **Entry Signal**: When **volume spikes** (current volume > average volume by a specified multiplier) and the **price breaks above** the highest price in the last N periods.
- **Stop Loss**: Set at a fixed percentage below the entry price to limit potential losses.
**Key Benefits**:
- **Volume-based**: Focuses on detecting high market participation.
- **Price action**: Combines volume with price breakout for stronger entry signals.
- **Risk management**: Includes a stop loss to protect against significant drawdowns.
Ideal for traders looking for momentum-based entries with built-in risk control.
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This is a **momentum strategy** that thrives during times of high market activity, making it useful for capturing trending moves while minimizing risk.
NR_Price-Action driven Long/ShortPALS (acronym for Price Action Long Short )
It is a simplified view of Price Action that computes relative movement of OHLC values between successive bars and marks clear Long or Short on bars
Combining PALS with Heikin-Ashi charts and SuperTrend(5, 1.432) is recommended but not necessary
Not intended as trading advice but built for providing sufficient heads-up by showing proper and consistent triggers on charts to help with robust risk and money management without complex computations involved in indication system
Zero Lag Trend Signals (MTF) [SYED WAQAR]ZLEMA Zero Lag Trend Indicator by Waqar
This custom-built Zero Lag Exponential Moving Average (ZLEMA) indicator is designed to help traders identify the market’s underlying trend with precision. Unlike traditional moving averages, this indicator significantly reduces lag, allowing you to make quicker, more informed decisions.
Features:
Zero Lag Calculation: The ZLEMA eliminates the typical lag seen in other moving averages, giving you a more accurate reflection of the market’s true direction.
Dynamic Trend Bands: The indicator includes dynamic upper and lower trend bands to visualize price volatility and help detect potential trend reversals.
Easy to Use: Integrated with simple buy/sell signals based on the ZLEMA’s behavior, making it beginner-friendly and effective for all trading strategies.
Customizable: Adjust the length and volatility multiplier to fit your trading style.
How to Use:
The ZLEMA line (orange) tracks the trend direction.
The green/red trend bands highlight bullish/bearish market conditions.
Use the trend shift and arrows for potential entry/exit signals.
Best Used For:
Day Trading, Swing Trading, and Scalping across all timeframes.
Ideal for traders who prefer a low-lag, high-precision indicator that adapts to changing market conditions.
Important Note: As with any indicator, always combine this with proper risk management and analysis to make well-informed trading decisions.
Candle Streak Histogram with Directional MAsCounts the number of consecutive candles.
Count restarts when candle forms in an opposite direction.
Dojis also restart the count at 0
MAs for most recent 24 same directional candles
MA Crossover + RSI FilterAlert to be used with my other indicator, "Triple SMA + Smoothing Close." This part of the text is just because I had to increase the length of this text in TradingView.
[blackcat] L2 Ehlers Autocorrelation Periodogram V2OVERVIEW
The Ehlers Autocorrelation Periodogram is a sophisticated technical analysis tool that identifies market cycles and their dominant frequencies using autocorrelation and spectral analysis techniques.
BACKGROUND
Developed by John F. Ehlers and detailed in his book "Cycle Analytics for Traders" (2013), this indicator combines autocorrelation functions with discrete Fourier transforms to extract cyclic information from price data.
FUNCTION
The indicator works through these key steps:
Calculates autocorrelation using minimum three-bar averaging
Applies discrete Fourier transform to extract cyclic information
Uses center-of-gravity algorithm to determine dominant cycle
ADVANTAGES
• Rapid response within half-cycle periods
• Accurate relative cyclic power estimation over time
• Correlation constraints between -1 and +1 eliminate amplitude compensation needs
• High resolution independent of windowing functions
HOW TO USE
Add the indicator to your chart
Adjust AvgLength input parameter:
• Default: 3 bars
• Higher values increase smoothing
• Lower values increase sensitivity
Interpret the results:
• Colored bars represent spectral power
• Red to yellow spectrum indicates cycle strength
• White line shows dominant cycle period
INTERPRETATION
• Strong colors indicate significant cyclic activity
• Sharp color transitions suggest potential cycle changes
• Dominant cycle line helps identify primary market rhythm
LIMITATIONS
• Requires sufficient historical data
• Performance may vary in non-cyclical markets
• Results depend on proper parameter settings
NOTES
• Uses highpass and super smoother filtering techniques
• Spectral estimates are normalized between 0 and 1
• Color intensity varies based on spectral power
THANKS
This implementation is based on Ehlers' original work and has been adapted for TradingView's Pine Script platform.
Auto Anchored VWAPs for FuturesAbout the Script
This indicator automatically plots five anchored VWAPs based on predefined starting times, offering traders key reference points across multiple timeframes. These starting points are hardcoded and cannot be customized, ensuring consistency across all time zones. Below are the anchored VWAPs and their respective starting times:
NY Session: Starts daily at 9:30 AM EST
Globex: Starts daily at 6:00 PM EST
Weekly: Resets every Sunday at 6:00 PM EST
Monthly: Anchored to the first session of the month at 6:00 PM EST
Yearly: Anchored to the first session of the year at 6:00 PM EST
How to Use the Script
1) Add the script to your chart.
2) Select the appropriate Daylight Savings Time format.
3) Customize the visual appearance to your preference.
4) Click "OK" to apply the changes.
Once configured, the VWAP levels will automatically adjust based on the predefined timeframes.
How the Script Works
The script calculates and plots anchored VWAPs at the predefined starting times listed above. As each session, week, month, and year progresses, the corresponding VWAP is recalculated and updated on the chart, providing traders with dynamic insights into market trends and volume-weighted price action.
[blackcat] L2 Ehlers Autocorrelation Indicator V2OVERVIEW
The Ehlers Autocorrelation Indicator is a technical analysis tool developed by John F. Ehlers that measures the correlation between price data and its lagged versions to identify potential market cycles and reversals.
BACKGROUND
Originally introduced in Ehlers' "Cycle Analytics for Traders" (2013), this indicator leverages autocorrelation principles to detect patterns in market data that deviate from random noise or perfect sine waves.
FEATURES
• Calculates Pearson correlation coefficients for lags from 0 to 60 bars
• Visualizes correlations using colored bars ranging from red (negative correlation) to yellow (positive correlation)
• Provides minimum averaging option through AvgLength input parameter
• Displays sharp reversal signals at price turning points
• Shows variations in bar thickness and count over time
HOW TO USE
Add the indicator to your chart
Adjust the AvgLength input as needed:
• Set to 0 for no averaging
• Increase value for smoother results
Interpret the colored bars:
• Red: Negative correlation
• Yellow: Positive correlation
• Sharp transitions indicate potential reversal points
LIMITATIONS
• Requires sufficient historical data for accurate calculations
• Performance may vary across different market conditions
• Results depend on proper parameter settings
NOTES
• The indicator uses highpass filtering and super smoother filtering techniques
• Color intensity varies based on correlation strength
• Multiple lag periods are displayed simultaneously for comprehensive analysis
THANKS
This implementation is based on Ehlers' original work and has been adapted for TradingView's Pine Script platform.
Simple Signals [ko]Simple Signals is an indicator to highlight turning points in oscillations.
Simple Signals, abbreviated SS, has two lines. The red/green line is a smoothed representation of the current price action. Notice how similar the shape of the indicator is to the smoothed price line.
However instead of being at absolute price levels, the price line oscillates around zero. Think of the zero line as an SMA 50. The top panel has an SMA 50. Look at how the crossings match up.
The white line is the slope of the price line. Some who survived calculus might call it a derivative. So when the white line crosses the zero line, there's your signal. There are triangle indicators to also highlight this momentous occasion of catching the turning point. Ride 'em, cowboy.
The parameters for adjustment are:
Derivative Smoothing, initially set at 10, smooths the white line so it does not jump around erratically. Take it down to 1 and you'll see the individual bar log returns, which looks a little frantic to me. Higher values, say 20, 30 or 40, will smooth the line more at the cost of introducing lag. Lag is the bane of a trader's existence.
Curve Smoothing: smooths the price line. Set to 200 initially, the price line approximates the shape of the actual smoothed price action, with crossings. Alternative settings for Curve Smoothing are anything greater than the Derivative Smoothing value.
Curve Scale, is a multiplier for the curve, which is necessary when changing time frames. This indicator has been tested down to 5 second bars with favorable results.
Derivative Smoothing at 40 and Curve Smoothing at 50 provide a zero line that is close to an SMA 20. I frequently have the indicator up twice with the two different settings to show signals and confirmations in rapidly evolving markets. Trends and reversals can lead to whipsaw patterns. Multiple instances simultaneously can help avoid those pitfalls.
Hope you like it. If you find any other parameter combinations useful, please post in the comments.
Trap Zone 2 minTrap Zone 2 Min — Visual Detection of Trap and Expansion Zones
This indicator is designed to clearly identify key price zones on lower timeframes, particularly the 2-minute chart. It's ideal for scalpers and intraday traders looking for structured, high-probability setups.
Trap Zone (No Trade Zone)
A central shaded area where trading is discouraged.
Marks potential liquidity traps or manipulation zones.
Calculated using recent highs, lows, and moving averages (MA20 and MA200).
Zones + and -
Positioned two times the size of an EB (Elephant Bar) above and below the trap zone.
Represent the first expansion level.
Useful for identifying potential long or short entries based on price breakout direction.
Zones ++ and --
Extend from the first + or - level to the next line outward.
Represent a second expansion layer, often aligning with price continuation or reaction zones.
Helpful for profit-taking or adjusting risk.
Zones +++ and ---
The most extreme levels plotted.
Serve as final take-profit areas or potential reversal zones.
Additional Features
Optional display of MA20 and MA200.
Configurable ADR (Average Daily Range) labels.
Full visual customization for better chart integration.
Best For
Scalpers and intraday traders.
Identifying and reacting to structured market zones.
Mapping price expansions and potential reversal points.
10Y Treasury vs 30Y Mortgage Rate SpreadFRED:GS10 : Federal Reserve Economic Data
FRED:MORTGAGE30US :
spread = mortgageRate - tenYearYield :