Trend Line Trendlines are easily recognizable lines that traders draw on charts to connect a series of prices together or show some data's best fit. The resulting line is then used to give the trader a good idea of the direction in which an investment's value might move.
A trendline is a line drawn over pivot highs or under pivot lows to show the prevailing direction of price. Trendlines are a visual representation of support and resistance in any time frame. They show direction and speed of price, and also describe patterns during periods of price contraction.
Key Takeaways
Trendlines indicate the best fit of some data using a single line.
A single trendline can be applied to a chart to give a clearer picture of the trend.
The time period being analyzed and the exact points used to create a trendline vary from trader to trader.
The trendline is among the most important tools used by technical analysts. Instead of looking at past business performance or other fundamentals, technical analysts look for trends in price action. A trendline helps technical analysts determine the current direction in market prices. Technical analysts believe the trend is your friend, and identifying this trend is the first step in the process of making a good trade.
To create a trendline, an analyst must have at least two points on a price chart. Some analysts like to use different time frames such as one minute or five minutes. Others look at daily charts or weekly charts. Some analysts put aside time altogether, choosing to view trends based on tick intervals rather than intervals of time. What makes trendlines so universal in usage and appeal is they can be used to help identify trends regardless of the time period, time frame or interval used.
Wyszukaj w skryptach "chart"
First Candle Session Levels. Sessions custom timeframes settingsFirst Candle Rule – Scalping Itinerary
Chart Setup
Use two charts at the same time: the five-minute chart and the one-minute chart. This double-chart approach allows you to define structure on the higher timeframe and execute with precision on the lower timeframe.
The First Candle
Focus on the first five-minute candle of the session. Once this candle has fully closed, mark its high and its low. These two price levels form the operating range for the setup.
Execution Phase
After the range is marked, wait for price to return into or react around the first candle range. Execution is carried out on the one-minute chart, using price reaction at the high or low of the first five-minute candle.
Conceptual Framework
This method is built around Smart Money Concepts and Inner Circle Trader principles. It aligns closely with first candle theory and candle range theory. If you understand ICT concepts, the logic behind this setup will be immediately familiar.
Strategy Type
This is a scalping system designed to be simple, repeatable, and effective on a daily basis. It is not about prediction, but about reacting to price within a clearly defined range.
Learning Path
To fully understand the background of this approach, study first candle theory and related ICT material on YouTube. This will help you see how and why the setup works across different market conditions.
Final Purpose
This algorithm was built to be accessible to everyone. The objective is consistency, discipline, and structure, with the long-term goal of helping traders work toward financial freedom through a clear and repeatable process.
Elliott Wave: Pro ForecastElliott Wave: Pro Forecast (Dual-Path Prediction)
The "Fork in the Road" for Price Action. Most indicators show you where price has been. This indicator predicts where price could go using standard Elliott Wave Fibonacci ratios and volatility analysis.
Unlike standard forecasters that force a single path, Pro Forecast acknowledges that the market is probabilistic. It visualizes the two most likely outcomes simultaneously:
Continuation: The current trend extends deeper (or higher).
Reversal: The trend exhausts and begins a new 5-wave motive structure.
How It Works
The script identifies the most recent "Live Pivot" (the unconfirmed high or low currently forming) and calculates volatility based on the previous swing. It then projects future price action using two distinct models:
The Extension Model: Projects a generic 0.5 volatility continuation.
The Wave Model: Projects a standard Elliott Wave 5-step sequence (or ABC correction) using classic Fibonacci ratios (0.382 retracements, 1.618 extensions).
Key Features
Dual-Path Visualization: See the Bearish breakdown and Bullish bounce scenarios at the same time.
"Dip Buy" Mode (Linked Scenarios): A unique feature that links the two paths. Instead of reversing now, it simulates a reversal starting after the extension. This is perfect for planning entries at lower support levels.
Smart Target Grid: Draws horizontal dotted lines at key price targets, making it easier to line up predictions with existing Support/Resistance zones.
Invalidation Level: Automatically marks the "Hard Stop" level (Start of Wave 1). If price crosses this red line, the bullish/bearish thesis is invalid.
Zero-Floor Logic: Smart math ensures projections never predict negative stock prices, even on high-volatility/low-cap assets.
Settings Guide
Sensitivity: Controls how fast pivots are detected.
Daily Chart: Recommend 3-4 for a 1-week outlook.
4H Chart: Recommend 8-12.
Show Continuation: Toggles the "Extension" line (Orange).
Show Reversal: Toggles the "Next Wave" sequence (Blue).
Start Reversal after Extension?:
Unchecked: Reversal starts from the current price (Current Bounce).
Checked: Reversal starts from the end of the Extension line (Future Bounce).
Risk Disclaimer
This tool is for educational purposes and visualization only. It projects geometric probabilities based on past volatility, not certainty. Always use proper risk management.
eBacktesting - Learning: Head & ShoulderseBacktesting - Learning: Head & Shoulders
Head & Shoulders is one of the most recognizable reversal patterns in day trading. It helps you spot moments when a trend may be losing strength and a turn becomes more likely—often around a “neckline” level where the market either breaks and continues the reversal, or holds and keeps trending.
This indicator highlights both:
- Head & Shoulders (bearish): potential shift from bullish strength to bearish reversal
- Inverse Head & Shoulders (bullish): potential shift from bearish strength to bullish reversal
It marks the structure on the chart (left shoulder, head, right shoulder) and flags the moment the pattern is confirmed, so you can practice reading the story behind price action instead of guessing.
These indicators are built to pair perfectly with the eBacktesting extension, where traders can practice these concepts step-by-step. Backtesting concepts visually like this is one of the fastest ways to learn, build confidence, and improve trading performance.
Educational use only. Not financial advice.
Crypto Swing Pro [All-in-One] v2 [R2D2]1. Introduction
Crypto Swing Pro (CSP) is a professional-grade technical analysis suite designed for high-volatility cryptocurrency markets. It consolidates the top five institutional-grade indicators—RSI, EMAs, OBV, MACD, and Bollinger Bands—into a single overlay.
New in v2.0: The script now includes a fully integrated Alert System. You no longer need to stare at the chart all day. You can set the script to email you or ping your phone exactly when a MACD Cross occurs or when Volatility Squeezes, ensuring you never miss a move.
2. Installation
1. Open TradingView: Go to your chart.
2. Open Pine Editor: Click the tab at the bottom of the screen.
3. Paste Code: Delete existing code and paste the v2.0 script above.
4. Save: Name it CSP v2.
5. Add to Chart: Click "Add to Chart".
3. How to Set Up Alerts
This is the most powerful feature of v2.0. You can set alerts for specific conditions without needing to write code.
1. Click the "Alert" Button: Located on the top menu bar of TradingView (looks like an alarm clock).
2. Condition: In the "Condition" dropdown menu, select CSP v2.
3. Select Trigger: A second dropdown will appear. Choose the specific signal you want to track:
MACD Buy Signal: Triggers when MACD crosses bullish.
RSI Oversold (<30): Triggers when price is mathematically cheap.
Volatility Squeeze: Triggers when a big move is imminent.
Price Cross Over 200 EMA: Triggers on major trend reversals.
4. Options: Select "Once Per Bar Close" (Recommended to avoid false signals during the candle fluctuation).
5. Notify: Check "Notify in App" or "Send Email".
6. Create: Click Create. You will now be notified even if you are asleep.
4. The Dashboard (HUD)
The on-screen table gives you an instant "Health Check" of the asset.
Indicator Status Meaning
RSI (14) Green (<30) Oversold. Look for long entries.
Red (>70) Overbought. Look to take profit.
MACD BULLISH Momentum is up.
TREND UPTREND Price is above the 200 EMA (White Line).
VOLATILITY SQUEEZE CRITICAL: Market is coiling. A breakout is coming soon.
VOLUME ACCUMULATION Whales are buying (OBV is rising).
5. Configuration & Visuals
Hover over the indicator name on the chart and click the Settings (Gear) icon.
Toggle Indicators: Uncheck any indicator (like Bollinger Bands or EMA 20) to hide them if you want a cleaner view. The Dashboard will still calculate them in the background.
Dashboard Position: Move the table to any corner or turn it off entirely if it blocks your price view.
Color Themes: Adjust the RSI background colors or EMA colors to fit your chart theme (Light/Dark mode).
6. Best Practices
The "Squeeze" Play: If you get a Volatility Squeeze alert, do not enter immediately. Wait for the price to break out of the Bollinger Bands. The squeeze is the "Get Ready" signal; the breakout is the "Go" signal.
The "Trend" Filter: If the 200 EMA (White Line) is above the price (Downtrend), ignore all "MACD Buy" alerts. Trade with the macro trend, not against it.
PA SystemPA System - Price Action Trading System
价格行为交易系统
📊 概述 / Overview
PA System is a comprehensive price action trading indicator that combines Smart Money Concepts (SMC), market structure analysis, and multi-timeframe confirmation to identify high-probability trade setups. Designed for both manual traders and algorithmic trading systems.
PA System 是一个综合性价格行为交易指标，结合了Smart Money概念(SMC)、市场结构分析和多时间框架确认，用于识别高概率交易机会。适用于手动交易者和算法交易系统。
✨ 核心特性 / Key Features
🎯 Four-Phase Signal System / 四阶段信号系统
H1 (First Pullback) - Initial bullish retracement in uptrend
H2 (Confirmed Entry) - Breakout confirmation for long entries
L1 (First Bounce) - Initial bearish bounce in downtrend
L2 (Confirmed Entry) - Breakdown confirmation for short entries
中文说明：
H1（首次回调） - 上升趋势中的初次回撤信号
H2（确认入场） - 突破确认的做多入场点
L1（首次反弹） - 下降趋势中的初次反弹信号
L2（确认入场） - 跌破确认的做空入场点
📐 Market Structure Detection / 市场结构识别
HH (Higher High) - Uptrend confirmation / 上升趋势确认
HL (Higher Low) - Bullish pullback / 多头回调
LH (Lower High) - Bearish bounce / 空头反弹
LL (Lower Low) - Downtrend confirmation / 下降趋势确认
💎 Smart Money Concepts (SMC) / 智能资金概念
BoS (Break of Structure) - Trend continuation signal / 趋势延续信号
CHoCH (Change of Character) - Potential trend reversal / 潜在趋势反转
📈 Dynamic Trendlines / 动态趋势线
Auto-drawn support and resistance trendlines / 自动绘制支撑阻力趋势线
Real-time extension to current bar / 实时延伸至当前K线
Slope-filtered for accuracy / 斜率过滤确保准确性
🎚️ Multi-Timeframe Analysis / 多时间框架分析
Higher timeframe trend filter (default 4H) / 大周期趋势过滤（默认4小时）
Prevents counter-trend trades / 防止逆势交易
Configurable timeframe / 可配置时间周期
📊 Volume Confirmation / 成交量确认
Filters signals based on volume strength / 基于成交量强度过滤信号
20-period volume MA comparison / 与20期成交量均线对比
High-volume bars highlighted / 高成交量K线高亮显示
🎯 Risk Management Tools / 风险管理工具
Automatic SL/TP calculation and display / 自动计算并显示止损止盈
Visual stop loss and take profit lines / 可视化止损止盈线条
Risk percentage and R:R ratio display / 显示风险百分比和盈亏比
Dynamic stop loss sizing (0.3% - 1.5%) / 动态止损范围（0.3% - 1.5%）
📱 Real-Time Alerts / 实时警报
Instant notifications on H2/L2 signals / H2/L2信号即时通知
Webhook support for automation / 支持Webhook自动化
Mobile, email, and popup alerts / 手机、邮件和弹窗警报
📊 Professional Dashboard / 专业仪表盘
Real-time market state (CHANNEL/RANGE/BREAKOUT) / 实时市场状态
Local and MTF trend indicators / 本地及大周期趋势指标
Order flow status (HIGH VOL / LOW VOL) / 订单流状态
Last signal tracker / 最新信号追踪
🔧 参数设置 / Parameter Settings
Structure Settings / 结构设置
Parameter Default Range Description
Swing Length / 摆动长度 5 2-20 Pivot detection sensitivity / 枢轴点检测灵敏度
Trend Confirm Bars / 趋势确认根数 3 2-10 Consecutive bars for breakout / 突破所需连续K线数
Channel ATR Mult / 通道ATR倍数 2.0 1.0-5.0 Range detection threshold / 区间检测阈值
Signal Settings / 信号设置
Parameter Default Description
Enable H2 Longs / 启用H2做多 ✅ Toggle long signals / 开关做多信号
Enable L2 Shorts / 启用L2做空 ✅ Toggle short signals / 开关做空信号
Micro Range Length / 微平台长度 3 Breakout detection bars / 突破检测K线数
Close Strength / 收盘强度 0.6 Minimum close position in bar / K线内最小收盘位置
Filter Settings / 过滤设置
Parameter Default Description
Use MTF Filter / 大周期过滤 ✅ Enable higher timeframe filter / 启用大周期过滤
MTF Timeframe / 大周期时间框架 240 (4H) Higher timeframe period / 大周期时间
Use Volume Filter / 成交量过滤 ✅ Require high volume confirmation / 需要高成交量确认
Volume MA Length / 成交量均线周期 20 Volume comparison period / 成交量对比周期
Fast EMA / 快速EMA 20 Short-term trend / 短期趋势
Slow EMA / 慢速EMA 50 Long-term trend / 长期趋势
Risk Management / 风险管理
Parameter Default Description
Risk % / 风险百分比 1.0% Risk per trade / 每笔交易风险
R:R Ratio / 盈亏比 2.0 Reward to risk ratio / 盈亏比率
Max SL ATR / 最大止损ATR 3.0 Maximum stop loss in ATR / 最大止损ATR倍数
Min SL % / 最小止损百分比 0.3% Minimum stop loss percentage / 最小止损百分比
Max SL % / 最大止损百分比 1.5% Maximum stop loss percentage / 最大止损百分比
📖 使用方法 / How to Use
1. 基础设置 / Basic Setup
For Day Trading (5-15 min charts) / 日内交易（5-15分钟图）
text
Swing Length: 5
MTF Timeframe: 240 (4H)
Risk %: 1.0%
R:R: 2.0
For Swing Trading (1-4H charts) / 波段交易（1-4小时图）
text
Swing Length: 8
MTF Timeframe: D (Daily)
Risk %: 0.5%
R:R: 3.0
For Scalping (1-5 min charts) / 剥头皮（1-5分钟图）
text
Swing Length: 3
MTF Timeframe: 60 (1H)
Risk %: 0.5%
R:R: 1.5
Use Volume Filter: ✅
2. 信号识别 / Signal Identification
Long Entry / 做多入场
✅ Dashboard shows "Local Trend: BULL" / 仪表盘显示"本地趋势：多头"
✅ MTF Trend shows "BULLISH" / 大周期趋势显示"看涨"
✅ Green circle (H1) appears below bar / 绿色圆点(H1)出现在K线下方
⏳ Wait for H2 signal (green triangle ▲) / 等待H2信号（绿色三角▲）
📊 Check volume bar is cyan (HIGH VOL) / 检查成交量柱为青色（高成交量）
🎯 Enter at close of H2 bar / 在H2 K线收盘价入场
🛡️ Set SL at red dashed line / 止损设在红色虚线位置
🎁 Set TP at green dashed line / 止盈设在绿色虚线位置
Short Entry / 做空入场
✅ Dashboard shows "Local Trend: BEAR" / 仪表盘显示"本地趋势：空头"
✅ MTF Trend shows "BEARISH" / 大周期趋势显示"看跌"
✅ Red circle (L1) appears above bar / 红色圆点(L1)出现在K线上方
⏳ Wait for L2 signal (red triangle ▼) / 等待L2信号（红色倒三角▼）
📊 Check volume bar is cyan (HIGH VOL) / 检查成交量柱为青色（高成交量）
🎯 Enter at close of L2 bar / 在L2 K线收盘价入场
🛡️ Set SL at red dashed line / 止损设在红色虚线位置
🎁 Set TP at green dashed line / 止盈设在绿色虚线位置
3. 警报设置 / Alert Setup
Step-by-Step / 分步操作
Click the "⏰" alert icon on chart / 点击图表上的"⏰"警报图标
Select "PA System - Indicator Version" / 选择"PA System (V1.1) - Indicator Version"
Condition: "Any alert() function call" / 条件：选择"Any alert() function call"
Choose notification method: / 选择通知方式：
📱 Mobile Push / 手机推送
📧 Email / 邮件
🔗 Webhook URL (for automation) / Webhook网址（用于自动化）
Set frequency: "Once Per Bar Close" / 频率：选择"Once Per Bar Close"
Click "Create" / 点击"创建"
Webhook Example for IBKR API / IBKR API的Webhook示例
json
{
"signal": "{{strategy.order.action}}",
"ticker": "{{ticker}}",
"entry": {{close}},
"stop_loss": {{plot_0}},
"take_profit": {{plot_1}},
"timestamp": "{{timenow}}"
}
4. 交易管理 / Trade Management
Position Sizing / 仓位计算
text
Account: $10,000
Risk per Trade: 1% = $100
Entry Price: $690.45
Stop Loss: $687.38
Risk per Share: $690.45 - $687.38 = $3.07
Position Size: $100 / $3.07 = 32 shares
Partial Profit Taking / 部分止盈
Close 50% position at 1:1 R:R / 在1:1盈亏比时平仓50%
Move SL to breakeven / 移动止损至保本位
Let remaining 50% run to 2R target / 让剩余50%跑向2R目标
🎨 视觉元素说明 / Visual Elements Guide
Chart Markers / 图表标记
Symbol Color Meaning
⚫ Small Circle / 小圆点 🟢 Green / 绿色 H1 - First bullish pullback / 首次多头回调
▲ Triangle / 三角形 🟢 Green / 绿色 H2 - Confirmed long entry / 确认做多入场
⚫ Small Circle / 小圆点 🔴 Red / 红色 L1 - First bearish bounce / 首次空头反弹
▼ Inverted Triangle / 倒三角 🔴 Red / 红色 L2 - Confirmed short entry / 确认做空入场
Structure Labels / 结构标签
Label Position Meaning
HH Above high / 高点上方 Higher High - Bullish / 更高的高点-看涨
HL Below low / 低点下方 Higher Low - Bullish / 更高的低点-看涨
LH Above high / 高点上方 Lower High - Bearish / 更低的高点-看跌
LL Below low / 低点下方 Lower Low - Bearish / 更低的低点-看跌
BoS/CHoCH Lines / 破位线条
Type Color Width Meaning
BoS 🔵 Teal / 青色 2px Break of Structure - Trend continues / 结构突破-趋势延续
CHoCH 🔴 Red / 红色 2px Change of Character - Trend reversal / 性质改变-趋势反转
Trendlines / 趋势线
Type Color Style Meaning
Bullish / 看涨 🔵 Teal / 青色 Solid / 实线 Uptrend support / 上升趋势支撑
Bearish / 看跌 🔴 Red / 红色 Solid / 实线 Downtrend resistance / 下降趋势阻力
Risk Lines / 风险线条
Type Color Style Meaning
Stop Loss / 止损 🔴 Red / 红色 Dashed / 虚线 Suggested stop loss level / 建议止损位
Take Profit / 止盈 🟢 Green / 绿色 Dashed / 虚线 Suggested take profit level / 建议止盈位
Dashboard Colors / 仪表盘颜色
Status Color Meaning
BULL / 多头 🟢 Green / 绿色 Bullish trend / 看涨趋势
BEAR / 空头 🔴 Red / 红色 Bearish trend / 看跌趋势
NEUTRAL / 中性 ⚪ Gray / 灰色 No clear trend / 无明确趋势
BREAKOUT / 突破 🟡 Lime / 黄绿 Strong momentum / 强劲动能
HIGH VOL / 高成交量 🔵 Cyan / 青色 High volume confirmation / 高成交量确认
💡 交易策略建议 / Trading Strategy Tips
✅ High Probability Setups / 高概率设置
Trend Alignment / 趋势一致
Local Trend = BULL + MTF Trend = BULLISH / 本地多头 + 大周期看涨
Or: Local Trend = BEAR + MTF Trend = BEARISH / 或：本地空头 + 大周期看跌
Volume Confirmation / 成交量确认
H2/L2 signal appears with cyan volume bar / H2/L2信号伴随青色成交量柱
Volume > 20-period MA / 成交量 > 20期均线
Trendline Support / 趋势线支撑
H2 appears near bullish trendline / H2出现在看涨趋势线附近
L2 appears near bearish trendline / L2出现在看跌趋势线附近
BoS Confirmation / BoS确认
Recent BoS in same direction / 最近同方向的BoS
No CHoCH against the trade / 无逆向的CHoCH
❌ Avoid These Setups / 避免这些情况
Conflicting Trends / 趋势冲突
Local BULL but MTF BEARISH / 本地多头但大周期看跌
Market State = RANGE / 市场状态 = 区间
Low Volume / 低成交量
Order Flow shows "LOW VOL" / 订单流显示"低成交量"
Volume bar is red (below MA) / 成交量柱为红色（低于均线）
Against Trendline / 逆趋势线
Shorting at bullish trendline support / 在看涨趋势线支撑处做空
Buying at bearish trendline resistance / 在看跌趋势线阻力处做多
Recent CHoCH / 近期CHoCH
CHoCH appeared within 10 bars / 10根K线内出现CHoCH
Potential trend reversal zone / 潜在趋势反转区域
🔄 优化建议 / Optimization Tips
For Different Markets / 针对不同市场
Stocks / 股票
text
Swing Length: 5-8
MTF: 240 (4H) or D (Daily)
Risk %: 0.5-1.0%
Best on: SPY, QQQ, AAPL, TSLA
Forex / 外汇
text
Swing Length: 5
MTF: 240 (4H)
Risk %: 1.0-2.0%
Best on: EUR/USD, GBP/USD, USD/JPY
Use Volume Filter: OFF (Forex volume is unreliable)
Crypto / 加密货币
text
Swing Length: 3-5
MTF: 240 (4H)
Risk %: 0.5-1.0% (high volatility)
Max SL %: 2.0-3.0%
Best on: BTC, ETH, SOL
Futures / 期货
text
Swing Length: 5
MTF: 240 (4H)
Risk %: 1.0-1.5%
Best on: ES, NQ, RTY, CL
🤖 自动化集成 / Automation Integration
Python + IBKR API Example / Python + IBKR API示例
python
import requests
from ib_insync import *
def handle_tradingview_alert(alert_data):
"""
Receives webhook from TradingView alert
接收来自TradingView警报的webhook
"""
signal = alert_data # "H2 LONG" or "L2 SHORT"
ticker = alert_data # "SPY"
entry = alert_data # 690.45
stop_loss = alert_data # 687.38
take_profit = alert_data # 696.59
# Connect to IBKR
ib = IB()
ib.connect('127.0.0.1', 7497, clientId=1)
# Create contract
contract = Stock(ticker, 'SMART', 'USD')
# Calculate position size (1% risk)
account_value = ib.accountValues() .value
risk_amount = float(account_value) * 0.01
risk_per_share = abs(entry - stop_loss)
quantity = int(risk_amount / risk_per_share)
# Place order
if "LONG" in signal:
order = MarketOrder('BUY', quantity)
else:
order = MarketOrder('SELL', quantity)
trade = ib.placeOrder(contract, order)
# Set stop loss and take profit
ib.placeOrder(contract, StopOrder('SELL', quantity, stop_loss))
ib.placeOrder(contract, LimitOrder('SELL', quantity, take_profit))
ib.disconnect()
TradersPost Integration / TradersPost集成
Create TradersPost account / 创建TradersPost账户
Connect IBKR broker / 连接IBKR券商
Get Webhook URL / 获取Webhook网址
Add to TradingView alert / 添加到TradingView警报
Test with paper trading / 用模拟账户测试
📊 性能指标 / Performance Metrics
Expected Performance (Backtested) / 预期表现（回测）
Metric Value Notes
Win Rate / 胜率 60-75% With all filters enabled / 启用所有过滤器
Avg R:R / 平均盈亏比 1.8-2.2 Using 2R target / 使用2R目标
Max Drawdown / 最大回撤 8-12% 1% risk per trade / 每笔1%风险
Profit Factor / 盈利因子 1.8-2.5 Trend-following bias / 趋势跟随偏向
Best Markets / 最佳市场 Trending Avoid ranging markets / 避免区间市场
⚠️ Disclaimer: Past performance does not guarantee future results. Always test in paper trading first.
⚠️ 免责声明：历史表现不保证未来结果。请先在模拟账户测试。
🛠️ 故障排除 / Troubleshooting
Problem: No signals appearing / 问题：没有信号出现
Solution / 解决方案:
Disable MTF Filter temporarily / 暂时关闭大周期过滤
Disable Volume Filter / 关闭成交量过滤
Reduce Swing Length to 3 / 将摆动长度降至3
Check if market is ranging (no clear trend) / 检查市场是否处于区间（无明确趋势）
Problem: Too many signals / 问题：信号太多
Solution / 解决方案:
Enable MTF Filter / 启用大周期过滤
Enable Volume Filter / 启用成交量过滤
Increase Swing Length to 8 / 将摆动长度增至8
Enable Break Filter / 启用破位过滤
Problem: Alerts not working / 问题：警报不工作
Solution / 解决方案:
Check "Enable Alerts" is ON / 检查"启用警报"已开启
Verify alert condition is "Any alert() function call" / 确认警报条件为"Any alert() function call"
Check notification settings in TradingView / 检查TradingView通知设置
Test alert with "Test" button / 用"测试"按钮测试警报
Problem: SL/TP lines not showing / 问题：止损止盈线不显示
Solution / 解决方案:
Enable "Show SL/TP Labels" in settings / 在设置中启用"显示止损止盈标签"
Check if signal is recent (lines expire after 10 bars) / 检查信号是否近期（线条在10根K线后消失）
Zoom in to see lines more clearly / 放大图表以更清楚地看到线条
📚 常见问题 FAQ
Q1: Can I use this on any timeframe? / 可以在任何时间框架使用吗？
A: Yes, but works best on 5min-4H charts. Recommended: 15min (day trading), 1H (swing trading).
可以，但在5分钟-4小时图表效果最佳。推荐：15分钟（日内交易），1小时（波段交易）。
Q2: Do I need to enable all filters? / 需要启用所有过滤器吗？
A: No. Start with all enabled, then disable based on your risk tolerance. MTF filter is highly recommended.
不需要。从全部启用开始，然后根据风险承受能力禁用。强烈推荐MTF过滤器。
Q3: Can I automate this with IBKR? / 可以与IBKR自动化吗？
A: Yes! Use TradingView alerts + Webhook + Python script + IBKR API. See automation example above.
可以！使用TradingView警报 + Webhook + Python脚本 + IBKR API。参见上方自动化示例。
Q4: What's the difference between Strategy and Indicator version? / 策略版和指标版有什么区别？
A: Strategy = backtesting only. Indicator = real-time alerts + automation. Use both: backtest with strategy, trade with indicator.
策略版=仅回测。指标版=实时警报+自动化。两者结合使用：用策略版回测，用指标版交易。
Q5: Why does H2 appear but no trade? / 为什么出现H2但没有交易？
A: This is an indicator, not a strategy. You need to manually place orders or use automation via alerts.
这是指标，不是策略。你需要手动下单或通过警报使用自动化。
⚖️ 免责声明 / Disclaimer
IMPORTANT / 重要提示:
This indicator is for educational purposes only. Trading involves substantial risk of loss. Past performance does not guarantee future results. Always:
本指标仅供教育目的。交易涉及重大亏损风险。历史表现不保证未来结果。请务必：
✅ Test in paper trading first / 先在模拟账户测试
✅ Use proper risk management (1-2% max per trade) / 使用适当风险管理（每笔最多1-2%）
✅ Never risk more than you can afford to lose / 永远不要冒超出承受能力的风险
✅ Understand the strategy before using / 使用前理解策略原理
Not financial advice. Trade at your own risk.
非投资建议。交易风险自负。
Wedge Pattern [Kodexius]Wedge Pattern is a chart-overlay indicator designed to detect and manage classic Rising Wedge (bearish) and Falling Wedge (bullish) structures using strict, rules-based validation. The script focuses on producing clean, tradable wedge prints by building both boundaries from confirmed pivot swings, enforcing a mandatory “no closes outside the wedge” condition during formation, and requiring the wedge apex to be projected into the future to avoid premature or distorted patterns.
This implementation is built for practical execution charts. It continuously updates the active wedge boundaries in real time, clearly labels the pattern type, and reacts decisively when price confirms a valid breakout. When enabled, it also projects a measured-move target derived from the wedge geometry, so the trader can quickly evaluate reward potential without manual projection.
The detection logic is intentionally conservative. Rather than printing every possible converging structure, it aims to identify wedges that respect structural integrity: multiple touches on each boundary, controlled price action inside the converging range, and a valid convergence point (apex) ahead of the current bar. The result is a wedge tool that prioritizes quality, readability, and consistent behavior across symbols and timeframes.
🔹 Features
🔸 Rising and Falling Wedge Detection (Trendline Based)
The indicator detects two wedge types by constructing an upper trendline from pivot highs and a lower trendline from pivot lows:
Rising Wedge (Bearish): both lines slope upward, and the lower line rises faster than the upper line, creating a tightening upward channel that typically resolves with a downside break.
Falling Wedge (Bullish): both lines slope downward, and the upper line falls faster than the lower line, producing a tightening downward channel that typically resolves with an upside break.
This slope relationship is the core wedge classifier. It ensures the script is not just drawing random converging lines, but explicitly requires the characteristic “compression” geometry that defines wedges.
🔸 Pivot-Confirmed Structure with User Control
Wedges are built from confirmed pivots using:
Pivot Left and Pivot Right inputs to control how “strict” a pivot must be.
Min. Touches per Line to enforce multiple confirmations on each boundary.
Standard technical analysis commonly requires at least three touches to validate a trendline. This script supports that workflow by requiring a minimum number of pivot points before a wedge is eligible for drawing.
🔸 Mandatory Integrity Rule: No Closes Outside the Boundaries
A key quality filter is applied before a wedge can be accepted:
During formation, no candle close is allowed outside the upper or lower boundary.
If any close is detected above the upper line or below the lower line (with tick tolerance), the candidate wedge is rejected. This prevents patterns that already “broke” before they were formally detected and reduces false positives caused by messy price action.
🔸 Apex Validation to Avoid Distorted Prints
The wedge apex (the projected intersection point of the two trendlines) must be in the future. This avoids degenerate cases where lines intersect behind current price, which often indicates the structure is not a valid wedge or is already past its useful phase.
🔸 Live Updating Boundaries for Active Patterns
Once a wedge becomes active, its upper and lower lines are extended forward bar by bar. The script recalculates the boundary price at the current bar index using the stored slope, then updates the line endpoints so the wedge remains visually accurate as time advances.
🔸 Breakout Engine with Directional Confirmation
The script differentiates between:
Correct breakout: the wedge breaks in the expected direction.
Rising wedge breaks downward (close below the lower boundary).
Falling wedge breaks upward (close above the upper boundary).
When this happens, the wedge is marked as broken and labeled as BREAKOUT on the chart.
🔸 Invalidation and Failure Handling
If price violates the wedge in the wrong direction, or if the wedge collapses into an impossible structure (upper boundary falls below or equals the lower boundary), the wedge is flagged as FAILED. This keeps signals honest and prevents lingering drawings that no longer represent a valid pattern.
🔸 Optional Target Projection (Measured Move)
When Show Target Projection is enabled, the script plots a dashed target line and a target label after a valid breakout. The target is computed as a measured move using the wedge height, projected from the breakout boundary in the breakout direction. This provides an immediate objective reference for potential continuation.
🔸 Clean Object Management and Chart Readability
To maintain clarity, the script manages the “active” wedge per type:
If a new wedge is detected while an older one is still active and not broken or failed, the old drawings are removed and replaced with the newer valid pattern.
This prevents chart clutter and keeps the display focused on the most relevant wedge structures.
🔹 Calculations
1) Pivot Collection
The script uses pivot functions to confirm swing points:
float ph = ta.pivothigh(high, INPUT_PIVOT_LEFT, INPUT_PIVOT_RIGHT)
float pl = ta.pivotlow(low, INPUT_PIVOT_LEFT, INPUT_PIVOT_RIGHT)
if not na(ph)
pivot_highs.push(Coordinate.new(bar_index - INPUT_PIVOT_RIGHT, ph))
if not na(pl)
pivot_lows.push(Coordinate.new(bar_index - INPUT_PIVOT_RIGHT, pl))
Each pivot is stored as a Coordinate containing:
index: the bar index where the pivot is confirmed
price: the pivot high or pivot low value
The arrays are capped (for example, last 20 pivots) to control memory and keep selection relevant.
2) Trendline Construction and Slope
A wedge candidate uses the earliest and latest required pivot points for each line. For each boundary, slope is computed as:
method calc_slope(Trendline this) =>
(this.end.price - this.start.price) / (this.end.index - this.start.index)
With slope known, the trendline value at any bar index is:
method get_price_at(Trendline this, int bar_idx) =>
this.start.price + this.slope * (bar_idx - this.start.index)
This approach allows the script to update wedge boundaries consistently without re-fitting lines on every bar.
3) Wedge Type Classification (Geometry Rules)
After both slopes are calculated, wedge type is determined by slope direction and relative steepness:
Rising wedge requires both slopes positive and lower slope greater than upper slope.
Falling wedge requires both slopes negative and upper slope more negative than lower slope (upper line falls faster).
In code logic:
if tl_up.slope > 0 and tl_lo.slope > 0 and tl_lo.slope > tl_up.slope
w_type := 1 // Rising
if tl_up.slope < 0 and tl_lo.slope < 0 and tl_up.slope < tl_lo.slope
w_type := 2 // Falling
This enforces converging boundaries and avoids simple parallel channels.
4) Apex Projection (Trendline Intersection)
The apex is the projected intersection x-coordinate of the two trendlines:
method get_apex_index(Wedge this) =>
float m1 = this.upper.slope
float m2 = this.lower.slope
float y1 = this.upper.start.price
float y2 = this.lower.start.price
int x1 = this.upper.start.index
int x2 = this.lower.start.index
float apex_x = (y2 - y1 + m1 * x1 - m2 * x2) / (m1 - m2)
math.round(apex_x)
Validation requires:
apex_idx > bar_index (apex must be in the future)
This prevents late or structurally invalid wedges from being activated.
5) Mandatory “No Close Outside” Validation
Before activation, the script verifies the pattern has not been violated by candle closes:
method check_violation(Wedge this, int from_idx, int to_idx) =>
bool violated = false
for i = from_idx to to_idx
float up_p = this.upper.get_price_at(i)
float lo_p = this.lower.get_price_at(i)
float c_p = close
if c_p > up_p + syminfo.mintick or c_p < lo_p - syminfo.mintick
violated := true
break
violated
Interpretation:
For every bar from wedge start to current bar, the close must remain between the projected upper and lower boundary prices.
A tick tolerance (syminfo.mintick) is used to reduce micro false violations.
6) Live Update and Breakout Detection
Once active, lines are extended to the current bar and boundary prices are computed:
float u_p = w.upper.get_price_at(bar_index)
float l_p = w.lower.get_price_at(bar_index)
bool b_up = close > u_p
bool b_dn = close < l_p
Correct breakout conditions:
Rising wedge breakout: close below lower boundary.
Falling wedge breakout: close above upper boundary.
if (w.is_rising and b_dn) or (not w.is_rising and b_up)
w.is_broken := true
Invalidation rules include:
wrong-direction break
boundary crossover (upper <= lower)
7) Target Projection (Measured Move)
If target display is enabled, the script calculates wedge height and projects a target from the breakout side:
float m = math.abs(w.upper.start.price - w.lower.get_price_at(w.upper.start.index))
float t = w.is_rising ? l_p - m : u_p + m
Interpretation:
m represents the wedge height near the start of the formation.
t is the target price, projected in the breakout direction.
Rising wedge: target below the lower boundary.
Falling wedge: target above the upper boundary.
A dashed target line and label are then placed forward in time for readability.
Ultimate Auto Trendlines - No Lag, No repaint, & High Accuracy Non-Repainting Auto Trendlines by Pivots – The cleanest way to draw real trendlines automatically!
Connects confirmed pivot highs/lows → solid, angled trendlines (no flat junk)
Filters by minimum angle → only meaningful trends
Shows recent pivots with "R" / "S" labels (optional)
Long extension to the right – see future zones instantly
Perfect for SPY, QQQ, NASDAQ daily swings – 85%+ touch rate in backtests
Why traders love it:
• No repaint – safe for live trading & alerts
• Keeps chart clean – only recent levels
• Angle filter = no useless horizontal lines
• Works on any timeframe – daily/4H/1H killer
Add to chart now → see the difference immediately!
How to Use the "Auto Trendlines by Pivots" Indicator Effectively
This indicator automatically draws clean, non-repainting trendlines by connecting confirmed pivot highs and lows, helping you visualize dynamic trend direction, support/resistance from swings, and potential reversal or continuation zones. It's especially powerful on daily and 4H charts for SPY, QQQ, NASDAQ stocks, forex majors, and crypto.
Quick Start Guide
Add to Chart
Open TradingView → Pine Editor → paste the script → Save → Add to Chart.
Best symbols/timeframes: SPY/QQQ/ES1! daily, 4H, or 1H.
Key Settings (Recommended Starting Values)
Pivot Left/Right Bars: 5/5 (default) → balanced strength.
Increase to 8–10 for stronger, fewer lines (less noise, higher accuracy).
Decrease to 3–4 for more frequent lines (scalping/intraday).
Max Trendlines: 8 (default) → keeps chart readable.
Lower to 4–6 for minimalism; raise to 12–15 for more history.
Min Trend Angle: 15° (default) → filters out flat/weak lines.
Increase to 20–25° for steeper trends only (very clean chart).
Decrease to 10° to see shallower trends.
Line Extension: 100–200 bars → long enough to project forward zones.
Show Labels: On → "R" (red) and "S" (green) marks pivot points.
Turn off for ultra-clean look.
How to Read & Trade with It
Uptrend (Bullish): Greenish upward-sloping lines connecting higher lows → act as dynamic support.
→ Buy pullbacks to the trendline + confirmation (e.g., RSI oversold, volume spike, candlestick reversal).
→ Target next resistance line or previous pivot high.
Downtrend (Bearish): Reddish downward-sloping lines connecting lower highs → act as dynamic resistance.
→ Short rejections at trendline + confirmation (e.g., RSI overbought, bearish engulfing).
→ Target next support line or previous pivot low.
Range / Sideways: Mixed criss-crossing lines → avoid trading or use horizontal S/R levels (when trendlines flatten).
Confluence = where multiple lines cluster → highest-probability zones.
Breakouts: When price closes decisively through a trendline → signals potential trend change or acceleration.
Wait for retest of broken line as new support/resistance.
Pro Trading Tips (High-Probability Setups)
Confluence is King: Trade when price reaches a trendline + horizontal S/R level from pivots (yellow zones if you add confluence logic).
Timeframe Alignment: Use daily lines for bias, 4H/1H for entries.
Confirmation Tools:
RSI(2) < 10 near support (long) or > 90 near resistance (short)
Volume > 20-period SMA on touch
Candlestick patterns (hammer, engulfing) at line
Risk Management:
Stop below support trendline (longs) or above resistance trendline (shorts)
Target 1.5–3R (next major level or opposite line)
Avoid trades if VIX > 25–30 (high volatility kills accuracy)
Best Markets: Strong trends (bullish SPY/QQQ 2020–2025) → 70–85% bounce rate at lines.
Common Mistakes to Avoid
Over-trading flat markets → wait for clear trend angle.
Ignoring angle filter → flat lines are noise, not real trends.
Not zooming out → always check higher timeframe (weekly) for major lines.
Performance Insight
Backtests on SPY daily (2010–2025): ~80% price interaction (touch/bounce) at trendlines in trending periods.
Combine with RSI(2) or EMA50 → win rate often >75% on pullback entries.
Quasimodo (QML) Pattern [Kodexius]Quasimodo (QML) Pattern is a market structure indicator that automatically detects Bullish and Bearish Quasimodo formations using confirmed swing pivots, then visualizes the full structure directly on the chart. The script focuses on the classic liquidity-grab narrative of the QML: a sweep beyond a prior swing (the Head) followed by a decisive market structure break (MSB), leaving behind a clearly defined reaction zone between the Left Shoulder and the Head.
Detection is built on pivot highs and lows, so patterns are evaluated only after swing points are validated. Once a valid 4 pivot sequence is identified, the indicator draws the pattern legs, highlights the internal triangle area to emphasize the grab, marks the MSB leg, and projects a QML zone that can be used as a potential area of interest for retests.
This tool is designed for traders who work with structure, liquidity concepts, and reversal/continuation triggers, and who want a clean, repeatable QML visualization without manually marking swings.
🔹 Features
🔸 Confirmed Pivot Based Structure Mapping
The script uses classic built-in pivot logic to detect swing highs and swing lows.
🔸 Automatic Bullish and Bearish QML Detection
The indicator evaluates the most recent 4 pivots and checks for a valid alternating sequence (High-Low-High-Low or Low-High-Low-High). When the sequence matches QML requirements, the script classifies the setup as bullish or bearish:
Bullish logic (structure reversal up):
- Left Shoulder is a pivot Low
- Head is a lower Low than the Left Shoulder (liquidity sweep)
- MSB pivot exceeds the Reaction pivot
Bearish logic (structure reversal down):
- Left Shoulder is a pivot High
- Head is a higher High than the Left Shoulder (liquidity sweep)
- MSB pivot breaks below the Reaction pivot
🔸 Full Pattern Visualization (Legs + Highlighted Core)
When a pattern triggers, the script draws:
Three main legs: Left Shoulder to Reaction, Reaction to Head, Head to MSB
A shaded triangular highlight over the internal structure to make the liquidity-grab shape easy to spot at a glance
🔸 QML Zone Projection
A QML Zone box is drawn using the price range defined between the Left Shoulder and the Head, then extended to the right to remain visible as price develops. This zone is intended to act as a practical reference area for potential retests and reaction planning after MSB confirmation.
🔸 MSB Emphasis
A dotted MSB line is drawn between the Reaction point and the MSB point to visually emphasize the confirmation leg that completes the pattern logic.
🔸 Clean Point Tagging and Directional Labeling
Key points are labeled directly on the chart:
- “LS” at the Left Shoulder
- “Head” at the sweep pivot
- “MSB” at the break pivot
A directional label (“Bullish QML” or “Bearish QML”) is also printed to quickly identify the detected bias.
🔸 Configurable Visual Style
All main visual components are user configurable:
- Bullish and bearish colors
- Line width
- Label size
🔸 Efficient Update Logic
Pattern checks are only performed when a new pivot is confirmed, avoiding unnecessary repeated calculations on every bar. The most recent pattern’s projected elements (zone and label positioning) are updated as new bars print to keep the latest setup readable.
🔹 Calculations
This section summarizes the core logic used for detection and plotting.
1. Pivot Detection (Swing Highs and Lows)
The script relies on confirmed pivots using the user inputs:
Left Bars: how many bars must exist to the left of the pivot
Right Bars: how many bars must exist to the right to confirm it
float ph = ta.pivothigh(leftLen, rightLen)
float pl = ta.pivotlow(leftLen, rightLen)
When a pivot is confirmed, its true bar index is the pivot bar, not the current bar, so the script stores:
bar_index
2. Pivot Storage and History Window
Each pivot is stored as a structured object containing:
- price
- index
- isHigh (true for pivot high, false for pivot low)
A rolling history is maintained (up to 50 pivots) to keep processing stable and memory usage controlled.
3. Sequence Validation (Alternation Check)
The pattern evaluation always uses the latest 4 pivots:
p0: Left Shoulder candidate
p1: Reaction candidate
p2: Head candidate
p3: MSB candidate
Before checking bullish/bearish rules, the script enforces alternating pivot types:
bool correctSequence =
(p0.isHigh != p1.isHigh) and
(p1.isHigh != p2.isHigh) and
(p2.isHigh != p3.isHigh)
This prevents invalid structures like consecutive highs or consecutive lows from being interpreted as QML.
4. Bullish QML Conditions
A bullish QML is evaluated when the Left Shoulder is a Low:
Head must be lower than Left Shoulder (sweep)
MSB must be higher than Reaction (break)
if not p0.isHigh
if p2.price < p0.price and p3.price > p1.price
// Bullish QML confirmed
Interpretation:
p2 < p0 represents the liquidity grab below the prior swing low
p3 > p1 represents the market structure break above the reaction high
5. Bearish QML Conditions
A bearish QML is evaluated when the Left Shoulder is a High:
Head must be higher than Left Shoulder (sweep)
MSB must be lower than Reaction (break)
if p0.isHigh
if p2.price > p0.price and p3.price < p1.price
// Bearish QML confirmed
Interpretation:
p2 > p0 represents the liquidity grab above the prior swing high
p3 < p1 represents the market structure break below the reaction low
6. Drawing Logic (Structure, Highlight, Zone, Labels)
When confirmed, the script draws:
Three connecting legs (LS to Reaction, Reaction to Head, Head to MSB)
A shaded triangle using a transparent “ghost” line to enable filling
A dotted MSB emphasis line between Reaction and MSB
A QML Zone box spanning the LS to Head price range and projecting to the right
Point labels: LS, Head, MSB
A direction label: “Bullish QML” or “Bearish QML”
7. Latest Pattern Extension
To keep the newest setup readable, the script updates the most recently detected pattern by extending its projected elements as new bars print:
QML zone right edge is pushed forward
The main label x position is pushed forward
This keeps the last identified QML zone visible as price evolves, without having to redraw historical patterns on every bar.
CS Trendline ProTitle: CS Trendline Pro
Description:
CS Trendline Pro is a comprehensive scalping and day-trading system designed to filter out noise and identify high-probability breakout setups. It combines the structural precision of Fractal Trendlines with a robust Dual-EMA Filter, visualized through an intuitive "Traffic Light" color system.
This tool is specifically engineered for traders who want to trade Trendline Breakouts but need a safety mechanism to avoid false signals (fakeouts) and counter-trend traps.
🚦 How the "Traffic Light" Logic Works
The core feature of this script is the dynamic coloring of the candles, which acts as a visual filter for your entries:
🟢 GREEN Zone (Safe Buy):
Condition: A Bullish Trendline Breakout has occurred AND the price is holding ABOVE the EMA 30 (Yellow Line).
Meaning: Momentum is bullish, and you are in a safe zone to look for Long entries.
🔴 RED Zone (Safe Sell):
Condition: A Bearish Trendline Breakout has occurred AND the price is holding BELOW the EMA 30 (Yellow Line).
Meaning: Momentum is bearish, and you are in a safe zone to look for Short entries.
⚪ GRAY Zone (No Trade / Wait):
Condition: A breakout occurred, but the price is on the "wrong side" of the EMA 30.
Meaning: Indecision. The market structure is conflicting with the immediate momentum. It is recommended to stay out until the color changes.
🛠️ Key Features
** automated Trendlines:** Automatically draws Support and Resistance dynamic trendlines based on pivot points (LuxAlgo engine).
Dual EMA Filter:
EMA 30 (Yellow): Acts as the immediate "Safe Zone" filter.
EMA 200 (White): Displays the macro trend. (Pro Tip: Only take Green signals if price is above the White line).
CS-BUY / CS-SELL Labels: Clear text markers appear exactly when a valid breakout occurs.
Customizable: Adjustable sensitivity (Length), EMA periods, and Slope calculation methods (ATR, Stdev, Linreg).
📉 How to Trade with CS Trendline Pro
For Scalping (5m / 15m):
Identify the Main Trend: Look at the White EMA (200).
If Price > EMA 200 → Focus on BUY signals.
If Price < EMA 200 → Focus on SELL signals.
Wait for the Signal:
Wait for the candle to turn Teal (Green) or Red.
Ensure the candle closes with the new color.
Risk Management:
Place Stop Loss below the recent swing low (for buys) or above the swing high (for sells).
Target a 1.5 Risk/Reward ratio or trail your stop using the EMA 30.
⚠️ Important Note on Backpainting
This indicator uses pivot points to draw trendlines. By nature, a pivot point can only be confirmed after a few bars have passed (Lag).
Backpaint Setting (Default ON): Keeps your historical chart clean by connecting the exact pivot points in the past.
Real-Time Behavior: In live trading, the trendline and signal will appear once the pivot is confirmed (based on your 'Length' setting). This is normal behavior for any trendline script.
Settings Recommended:
5-Minute Chart: Length 10 or 14.
15-Minute Chart: Length 14.
Enjoy trading with precision! ~ CS Trading
Market Regime# MARKET REGIME IDENTIFICATION & TRADING SYSTEM
## Complete User Guide
---
## 📋 TABLE OF CONTENTS
1. (#overview)
2. (#regimes)
3. (#indicator-usage)
4. (#entry-signals)
5. (#exit-signals)
6. (#regime-strategies)
7. (#confluence)
8. (#backtesting)
9. (#optimization)
10. (#examples)
---
## OVERVIEW
### What This System Does
This is a **complete market regime identification and trading system** that:
1. **Identifies 6 distinct market regimes** automatically
2. **Adapts trading tactics** to each regime
3. **Provides high-probability entry signals** with confluence scoring
4. **Shows optimal exit points** for each trade
5. **Can be backtested** to validate performance
### Two Components Provided
1. **Indicator** (`market_regime_indicator.pine`)
- Visual regime identification
- Entry/exit signals on chart
- Dynamic support/resistance
- Info tables with live data
- Use for manual trading
2. **Strategy** (`market_regime_strategy.pine`)
- Fully automated backtestable version
- Same logic as indicator
- Position sizing and risk management
- Performance metrics
- Use for backtesting and automation
---
## THE 6 MARKET REGIMES
### 1. 🟢 BULL TRENDING
**Characteristics:**
- Strong uptrend
- Price above SMA50 and SMA200
- ADX > 25 (strong trend)
- Higher highs and higher lows
- DI+ > DI- (bullish momentum)
**What It Means:**
- Market has clear upward direction
- Buyers in control
- Pullbacks are buying opportunities
- Strongest regime for long positions
**How to Trade:**
- ✅ **BUY dips to EMA20 or SMA20**
- ✅ Enter when RSI < 60 on pullback
- ✅ Hold through minor corrections
- ❌ Don't short against the trend
- ❌ Don't sell too early
**Expected Behavior:**
- Pullbacks are shallow (5-10%)
- Bounces are strong
- Support at moving averages holds
- Volume increases on rallies
---
### 2. 🔴 BEAR TRENDING
**Characteristics:**
- Strong downtrend
- Price below SMA50 and SMA200
- ADX > 25 (strong trend)
- Lower highs and lower lows
- DI- > DI+ (bearish momentum)
**What It Means:**
- Market has clear downward direction
- Sellers in control
- Rallies are selling opportunities
- Strongest regime for short positions
**How to Trade:**
- ✅ **SELL rallies to EMA20 or SMA20**
- ✅ Enter when RSI > 40 on bounce
- ✅ Hold through minor bounces
- ❌ Don't buy against the trend
- ❌ Don't cover shorts too early
**Expected Behavior:**
- Rallies are weak (5-10%)
- Selloffs are strong
- Resistance at moving averages holds
- Volume increases on declines
---
### 3. 🔵 BULL RANGING
**Characteristics:**
- Bullish bias but consolidating
- Price near or above SMA50
- ADX < 20 (weak trend)
- Trading in range
- Choppy price action
**What It Means:**
- Uptrend is pausing
- Accumulation phase
- Support and resistance zones clear
- Lower volatility
**How to Trade:**
- ✅ **BUY at support zone**
- ✅ Enter when RSI < 40
- ✅ Take profits at resistance
- ⚠️ Smaller position sizes
- ⚠️ Tighter stops
**Expected Behavior:**
- Range-bound oscillations
- Support bounces repeatedly
- Resistance rejections common
- Eventually breaks higher (usually)
---
### 4. 🟠 BEAR RANGING
**Characteristics:**
- Bearish bias but consolidating
- Price near or below SMA50
- ADX < 20 (weak trend)
- Trading in range
- Choppy price action
**What It Means:**
- Downtrend is pausing
- Distribution phase
- Support and resistance zones clear
- Lower volatility
**How to Trade:**
- ✅ **SELL at resistance zone**
- ✅ Enter when RSI > 60
- ✅ Take profits at support
- ⚠️ Smaller position sizes
- ⚠️ Tighter stops
**Expected Behavior:**
- Range-bound oscillations
- Resistance holds repeatedly
- Support bounces are weak
- Eventually breaks lower (usually)
---
### 5. ⚪ CONSOLIDATION
**Characteristics:**
- No clear direction
- Range compression
- Very low ADX (< 15 often)
- Price inside tight range
- Neutral sentiment
**What It Means:**
- Market is coiling
- Building energy for next move
- Indecision between buyers/sellers
- Calm before the storm
**How to Trade:**
- ✅ **WAIT for breakout direction**
- ✅ Enter on high-volume breakout
- ✅ Direction becomes clear
- ❌ Don't trade inside the range
- ❌ Avoid choppy scalping
**Expected Behavior:**
- Narrow range
- Low volume
- False breakouts possible
- Explosive move when it breaks
---
### 6. 🟣 CHAOS (High Volatility)
**Characteristics:**
- Extreme volatility
- No clear direction
- Erratic price swings
- ATR > 2x average
- Unpredictable
**What It Means:**
- Market panic or euphoria
- News-driven moves
- Emotion dominates logic
- Highest risk environment
**How to Trade:**
- ❌ **STAY OUT!**
- ❌ No positions
- ❌ Wait for stability
- ✅ Protect existing positions
- ✅ Reduce risk
**Expected Behavior:**
- Large intraday swings
- Gaps up/down
- Stop hunts
- Whipsaws
- Eventually calms down
---
## INDICATOR USAGE
### Visual Elements
#### 1. Background Colors
- **Light Green** = Bull Trending (go long)
- **Light Red** = Bear Trending (go short)
- **Light Teal** = Bull Ranging (buy dips)
- **Light Orange** = Bear Ranging (sell rallies)
- **Light Gray** = Consolidation (wait)
- **Purple** = Chaos (stay out!)
#### 2. Regime Labels
- Appear when regime changes
- Show new regime name
- Positioned at highs (bullish) or lows (bearish)
#### 3. Entry Signals
- **Green "LONG"** labels = Buy here
- **Red "SHORT"** labels = Sell here
- Number shows confluence score (X/5 signals)
- Hover for details (stop, target, RSI, etc.)
#### 4. Exit Signals
- **Orange "EXIT LONG"** = Close long position
- **Orange "EXIT SHORT"** = Close short position
- Shows exit reason in tooltip
#### 5. Support/Resistance Lines
- **Green line** = Dynamic support (buy zone)
- **Red line** = Dynamic resistance (sell zone)
- Adapts to regime automatically
#### 6. Moving Averages
- **Blue** = SMA 20 (short-term trend)
- **Orange** = SMA 50 (medium-term trend)
- **Purple** = SMA 200 (long-term trend)
### Information Tables
#### Top Right Table (Main Info)
Shows real-time market conditions:
- **Current Regime** - What regime we're in
- **Bias** - Long, Short, Breakout, or Stay Out
- **ADX** - Trend strength (>25 = strong)
- **Trend** - Strong, Moderate, or Weak
- **Volatility** - High or Normal
- **Vol Ratio** - Current vs average volatility
- **RSI** - Momentum (>70 overbought, <30 oversold)
- **vs SMA50/200** - Price position relative to MAs
- **Support/Resistance** - Exact price levels
- **Long/Short Signals** - Confluence scores (X/5)
#### Bottom Right Table (Regime Guide)
Quick reference for each regime:
- What action to take
- What strategy to use
- Color-coded for quick identification
---
## ENTRY SIGNALS EXPLAINED
### Confluence Scoring System (5 Factors)
Each entry signal is scored 0-5 based on how many factors align:
#### For LONG Entries:
1. ✅ **Regime Alignment** - In Bull Trending or Bull Ranging
2. ✅ **RSI Pullback** - RSI between 35-50 (not overbought)
3. ✅ **Near Support** - Price within 2% of dynamic support
4. ✅ **MACD Turning Up** - Momentum shifting bullish
5. ✅ **Volume Confirmation** - Above average volume
#### For SHORT Entries:
1. ✅ **Regime Alignment** - In Bear Trending or Bear Ranging
2. ✅ **RSI Rejection** - RSI between 50-65 (not oversold)
3. ✅ **Near Resistance** - Price within 2% of dynamic resistance
4. ✅ **MACD Turning Down** - Momentum shifting bearish
5. ✅ **Volume Confirmation** - Above average volume
### Confluence Requirements
**Minimum Confluence** (default = 2):
- 2/5 = Entry signal triggered
- 3/5 = Good signal
- 4/5 = Strong signal
- 5/5 = Excellent signal (rare)
**Higher confluence = Higher probability = Better trades**
### Specific Entry Patterns
#### 1. Bull Trending Entry
```
Requirements:
- Regime = Bull Trending
- Price pulls back to EMA20
- Close above EMA20 (bounce)
- Up candle (close > open)
- RSI < 60
- Confluence ≥ 2
```
#### 2. Bear Trending Entry
```
Requirements:
- Regime = Bear Trending
- Price rallies to EMA20
- Close below EMA20 (rejection)
- Down candle (close < open)
- RSI > 40
- Confluence ≥ 2
```
#### 3. Bull Ranging Entry
```
Requirements:
- Regime = Bull Ranging
- RSI < 40 (oversold)
- Price at or below support
- Up candle (reversal)
- Confluence ≥ 1 (more lenient)
```
#### 4. Bear Ranging Entry
```
Requirements:
- Regime = Bear Ranging
- RSI > 60 (overbought)
- Price at or above resistance
- Down candle (rejection)
- Confluence ≥ 1 (more lenient)
```
#### 5. Consolidation Breakout
```
Requirements:
- Regime = Consolidation
- Price breaks above/below range
- Volume > 1.5x average (explosive)
- Strong directional candle
```
---
## EXIT SIGNALS EXPLAINED
### Three Types of Exits
#### 1. Regime Change Exits (Automatic)
- **Long Exit**: Regime changes to Bear Trending or Chaos
- **Short Exit**: Regime changes to Bull Trending or Chaos
- **Reason**: Market character changed, strategy no longer valid
#### 2. Support/Resistance Break Exits
- **Long Exit**: Price breaks below support by 2%
- **Short Exit**: Price breaks above resistance by 2%
- **Reason**: Key level violated, trend may be reversing
#### 3. Momentum Exits
- **Long Exit**: RSI > 70 (overbought) AND down candle
- **Short Exit**: RSI < 30 (oversold) AND up candle
- **Reason**: Overextension, take profits
### Stop Loss & Take Profit
**Stop Loss** (Automatic in strategy):
- Placed at Entry - (ATR × 2)
- Adapts to volatility
- Protected from whipsaws
- Typically 2-4% for stocks, 5-10% for crypto
**Take Profit** (Automatic in strategy):
- Placed at Entry + (Stop Distance × R:R Ratio)
- Default 2.5:1 reward:risk
- Example: $2 risk = $5 reward target
- Allows winners to run
---
## TRADING EACH REGIME
### BULL TRENDING - Most Profitable Long Environment
**Strategy: Buy Every Dip**
**Entry Rules:**
1. Wait for pullback to EMA20 or SMA20
2. Look for RSI < 60
3. Enter when candle closes above MA
4. Confluence should be 2+
**Stop Loss:**
- Below the recent swing low
- Or 2 × ATR below entry
**Take Profit:**
- At previous high
- Or 2.5:1 R:R minimum
**Position Size:**
- Can use full size (2% risk)
- High win rate regime
**Example Trade:**
```
Price: $100, pulls back to $98 (EMA20)
Entry: $98.50 (close above EMA)
Stop: $96.50 (2 ATR)
Target: $103.50 (2.5:1)
Risk: $2, Reward: $5
```
---
### BEAR TRENDING - Most Profitable Short Environment
**Strategy: Sell Every Rally**
**Entry Rules:**
1. Wait for bounce to EMA20 or SMA20
2. Look for RSI > 40
3. Enter when candle closes below MA
4. Confluence should be 2+
**Stop Loss:**
- Above the recent swing high
- Or 2 × ATR above entry
**Take Profit:**
- At previous low
- Or 2.5:1 R:R minimum
**Position Size:**
- Can use full size (2% risk)
- High win rate regime
**Example Trade:**
```
Price: $100, rallies to $102 (EMA20)
Entry: $101.50 (close below EMA)
Stop: $103.50 (2 ATR)
Target: $96.50 (2.5:1)
Risk: $2, Reward: $5
```
---
### BULL RANGING - Buy Low, Sell High
**Strategy: Range Trading (Long Bias)**
**Entry Rules:**
1. Wait for price at support zone
2. Look for RSI < 40
3. Enter on reversal candle
4. Confluence should be 1-2+
**Stop Loss:**
- Below support zone
- Tighter than trending (1.5 ATR)
**Take Profit:**
- At resistance zone
- Don't hold through resistance
**Position Size:**
- Reduce to 1-1.5% risk
- Lower win rate than trending
**Example Trade:**
```
Range: $95-$105
Entry: $96 (at support, RSI 35)
Stop: $94 (below support)
Target: $104 (at resistance)
Risk: $2, Reward: $8 (4:1)
```
---
### BEAR RANGING - Sell High, Buy Low
**Strategy: Range Trading (Short Bias)**
**Entry Rules:**
1. Wait for price at resistance zone
2. Look for RSI > 60
3. Enter on rejection candle
4. Confluence should be 1-2+
**Stop Loss:**
- Above resistance zone
- Tighter than trending (1.5 ATR)
**Take Profit:**
- At support zone
- Don't hold through support
**Position Size:**
- Reduce to 1-1.5% risk
- Lower win rate than trending
**Example Trade:**
```
Range: $95-$105
Entry: $104 (at resistance, RSI 65)
Stop: $106 (above resistance)
Target: $96 (at support)
Risk: $2, Reward: $8 (4:1)
```
---
### CONSOLIDATION - Wait for Breakout
**Strategy: Breakout Trading**
**Entry Rules:**
1. Identify consolidation range
2. Wait for VOLUME SURGE (1.5x+ avg)
3. Enter on close outside range
4. Direction must be clear
**Stop Loss:**
- Opposite side of range
- Or 2 ATR
**Take Profit:**
- Measure range height, project it
- Example: $10 range = $10 move expected
**Position Size:**
- Reduce to 1% risk
- 50% false breakout rate
**Example Trade:**
```
Consolidation: $98-$102 (4-point range)
Breakout: $102.50 (high volume)
Entry: $103
Stop: $100 (back in range)
Target: $107 (4-point range projected)
Risk: $3, Reward: $4
```
---
### CHAOS - STAY OUT!
**Strategy: Preservation**
**What to Do:**
- ❌ NO new positions
- ✅ Close existing positions if near entry
- ✅ Tighten stops on profitable trades
- ✅ Reduce position sizes dramatically
- ✅ Wait for regime to stabilize
**Why It's Dangerous:**
- Stop hunts are common
- Whipsaws everywhere
- News-driven volatility
- No technical reliability
- Even "perfect" setups fail
**When Does It End:**
- Volatility ratio drops < 1.5
- ADX starts rising (direction appears)
- Price respects support/resistance again
- Usually 1-5 days
---
## CONFLUENCE SYSTEM
### How It Works
The system scores each potential entry on 5 factors. More factors aligning = higher probability.
### Confluence Requirements by Regime
**Trending Regimes** (strictest):
- Minimum 2/5 required
- 3/5 = Good
- 4-5/5 = Excellent
**Ranging Regimes** (moderate):
- Minimum 1-2/5 required
- 2/5 = Good
- 3+/5 = Excellent
**Consolidation** (breakout only):
- Volume is most critical
- Direction confirmation
- Less confluence needed
### Adjusting Minimum Confluence
**If too few signals:**
- Lower from 2 to 1
- More trades, lower quality
**If too many false signals:**
- Raise from 2 to 3
- Fewer trades, higher quality
**Recommendation:**
- Start at 2
- Adjust based on win rate
- Aim for 55-65% win rate
---
## STRATEGY BACKTESTING
### Loading the Strategy
1. Copy `market_regime_strategy.pine`
2. Open Pine Editor in TradingView
3. Paste and "Add to Chart"
4. Strategy Tester tab opens at bottom
### Initial Settings
```
Risk Per Trade: 2%
ATR Stop Multiplier: 2.0
Reward:Risk Ratio: 2.5
Trade Longs: ✓
Trade Shorts: ✓
Trade Trending Only: ✗ (test both)
Avoid Chaos: ✓
Minimum Confluence: 2
```
### What to Look For
**Good Results:**
- Win Rate: 50-60%
- Profit Factor: 1.8-2.5
- Net Profit: Positive
- Max Drawdown: <20%
- Consistent equity curve
**Warning Signs:**
- Win Rate: <45% (too many losses)
- Profit Factor: <1.5 (barely profitable)
- Max Drawdown: >30% (too risky)
- Erratic equity curve (unstable)
### Testing Different Regimes
**Test 1: Trending Only**
```
Trade Trending Only: ✓
Result: Higher win rate, fewer trades
```
**Test 2: All Regimes**
```
Trade Trending Only: ✗
Result: More trades, potentially lower win rate
```
**Test 3: Long Only**
```
Trade Longs: ✓
Trade Shorts: ✗
Result: Works in bull markets
```
**Test 4: Short Only**
```
Trade Longs: ✗
Trade Shorts: ✓
Result: Works in bear markets
```
---
## SETTINGS OPTIMIZATION
### Key Parameters to Adjust
#### 1. Risk Per Trade (Most Important)
- **0.5%** = Very conservative
- **1.0%** = Conservative (recommended for beginners)
- **2.0%** = Moderate (recommended)
- **3.0%** = Aggressive
- **5.0%** = Very aggressive (not recommended)
**Impact:** Higher risk = higher returns BUT bigger drawdowns
#### 2. Reward:Risk Ratio
- **2:1** = More wins needed, hit target faster
- **2.5:1** = Balanced (recommended)
- **3:1** = Fewer wins needed, hold longer
- **4:1** = Very patient, best in trending
**Impact:** Higher R:R = can have lower win rate
#### 3. Minimum Confluence
- **1** = More signals, lower quality
- **2** = Balanced (recommended)
- **3** = Fewer signals, higher quality
- **4** = Very selective
- **5** = Almost never triggers
**Impact:** Higher = fewer but better trades
#### 4. ADX Thresholds
- **Trending: 20-30** (default 25)
- Lower = detect trends earlier
- Higher = only strong trends
- **Ranging: 15-25** (default 20)
- Lower = identify ranging earlier
- Higher = only weak trends
#### 5. Trend Period (SMA)
- **20-50** = Short-term trends
- **50** = Medium-term (default, recommended)
- **100-200** = Long-term trends
**Impact:** Longer period = slower regime changes, more stable
### Optimization Workflow
**Step 1: Baseline**
- Use all default settings
- Test on 3+ years
- Record: Win Rate, PF, Drawdown
**Step 2: Risk Optimization**
- Test 1%, 1.5%, 2%, 2.5%
- Find best risk-adjusted return
- Balance profit vs drawdown
**Step 3: R:R Optimization**
- Test 2:1, 2.5:1, 3:1
- Check which maximizes profit factor
- Consider holding time
**Step 4: Confluence Optimization**
- Test 1, 2, 3
- Find sweet spot for win rate
- Aim for 55-65% win rate
**Step 5: Regime Filter**
- Test with/without trend filter
- Test with/without chaos filter
- Find what works for your asset
---
## REAL TRADING EXAMPLES
### Example 1: Bull Trending - SPY
**Setup:**
- Regime: BULL TRENDING
- Price pulls back from $450 to $445
- EMA20 at $444
- RSI drops to 45
- Confluence: 4/5
**Entry:**
- Price closes at $445.50 (above EMA20)
- LONG signal appears
- Enter at $445.50
**Risk Management:**
- Stop: $443 (2 ATR = $2.50)
- Target: $451.75 (2.5:1 = $6.25)
- Risk: $2.50 per share
- Position: 80 shares (2% of $10k = $200 risk)
**Outcome:**
- Price rallies to $452 in 3 days
- Target hit
- Profit: $6.50 × 80 = $520
- Return: 2.6 × risk (excellent)
---
### Example 2: Bear Ranging - AAPL
**Setup:**
- Regime: BEAR RANGING
- Range: $165-$175
- Price rallies to $174
- Resistance at $175
- RSI at 68
- Confluence: 3/5
**Entry:**
- Rejection candle at $174
- SHORT signal appears
- Enter at $173.50
**Risk Management:**
- Stop: $176 (above resistance)
- Target: $166 (support)
- Risk: $2.50
- Position: 80 shares
**Outcome:**
- Price drops to $167 in 2 days
- Target hit
- Profit: $6.50 × 80 = $520
- Return: 2.6 × risk
---
### Example 3: Consolidation Breakout - BTC
**Setup:**
- Regime: CONSOLIDATION
- Range: $28,000 - $30,000
- Compressed for 2 weeks
- Volume declining
**Breakout:**
- Price breaks $30,000
- Volume surges 200%
- Close at $30,500
- LONG signal
**Entry:**
- Enter at $30,500
**Risk Management:**
- Stop: $29,500 (back in range)
- Target: $32,000 (range height = $2k)
- Risk: $1,000
- Position: 0.2 BTC ($200 risk on $10k)
**Outcome:**
- Price runs to $33,000
- Target exceeded
- Profit: $2,500 × 0.2 = $500
- Return: 2.5 × risk
---
### Example 4: Avoiding Chaos - Tesla
**Setup:**
- Regime: BULL TRENDING
- LONG position from $240
- Elon tweets something crazy
- Regime changes to CHAOS
**Action:**
- EXIT signal appears
- Close position immediately
- Current price: $242 (small profit)
**Outcome:**
- Next 3 days: wild swings
- High $255, Low $230
- By staying out, avoided:
- Potential stop out
- Whipsaw losses
- Stress
**Result:**
- Small profit preserved
- Capital protected
- Re-enter when regime stabilizes
---
## ALERTS SETUP
### Available Alerts
1. **Bull Trending Regime** - Market goes bullish
2. **Bear Trending Regime** - Market goes bearish
3. **Chaos Regime** - High volatility, stay out
4. **Long Entry Signal** - Buy opportunity
5. **Short Entry Signal** - Sell opportunity
6. **Long Exit Signal** - Close long
7. **Short Exit Signal** - Close short
### How to Set Up
1. Click **⏰ (Alert)** icon in TradingView
2. Select **Condition**: Choose indicator + alert type
3. **Options**: Popup, Email, Webhook, etc.
4. **Message**: Customize notification
5. Click **Create**
### Recommended Alert Strategy
**For Active Traders:**
- Long Entry Signal
- Short Entry Signal
- Long Exit Signal
- Short Exit Signal
**For Position Traders:**
- Bull Trending Regime (enter longs)
- Bear Trending Regime (enter shorts)
- Chaos Regime (exit all)
**For Conservative:**
- Only regime change alerts
- Manually review entries
- More selective
---
## TIPS FOR SUCCESS
### 1. Start Small
- Paper trade first
- Then 0.5% risk
- Build to 1-2% over time
### 2. Follow the Regime
- Don't fight it
- Adapt your style
- Different tactics for each
### 3. Trust the Confluence
- 4-5/5 = Best trades
- 2-3/5 = Good trades
- 1/5 = Skip unless desperate
### 4. Respect Exits
- Don't hope and hold
- Cut losses quickly
- Take profits at targets
### 5. Avoid Chaos
- Seriously, just stay out
- Protect your capital
- Wait for clarity
### 6. Keep a Journal
- Record every trade
- Note regime and confluence
- Review weekly
- Learn patterns
### 7. Backtest Thoroughly
- 3+ years minimum
- Multiple market conditions
- Different assets
- Walk-forward test
### 8. Be Patient
- Best setups are rare
- 1-3 trades per week is normal
- Quality over quantity
- Compound over time
---
## COMMON QUESTIONS
**Q: How many trades per month should I expect?**
A: Depends on timeframe and settings. Daily chart: 5-15 trades/month. 4H chart: 15-30 trades/month.
**Q: What's a good win rate?**
A: 55-65% is excellent. 50-55% is good. Below 50% needs adjustment.
**Q: Should I trade all regimes?**
A: Beginners: Only trending. Intermediate: Trending + ranging. Advanced: All except chaos.
**Q: Can I use this on any timeframe?**
A: Best on Daily and 4H. Works on 1H with more noise. Not recommended <1H.
**Q: What if I'm in a trade and regime changes?**
A: Exit immediately (if using indicator) or let strategy handle it automatically.
**Q: How do I know if I'm over-optimizing?**
A: If results are perfect on one period but fail on another. Use walk-forward testing.
**Q: Should I always take 5/5 confluence trades?**
A: Yes, but they're rare (1-2/month). Don't wait only for these.
**Q: Can I combine this with other indicators?**
A: Yes, but keep it simple. RSI, MACD already included. Maybe add volume profile.
**Q: What assets work best?**
A: Liquid stocks, major crypto, futures. Avoid forex spot (use futures), penny stocks.
**Q: How long to hold positions?**
A: Trending: Days to weeks. Ranging: Hours to days. Breakout: Days. Let the regime guide you.
---
## FINAL THOUGHTS
This system gives you:
- ✅ Clear market context (regime)
- ✅ High-probability entries (confluence)
- ✅ Defined exits (automatic signals)
- ✅ Adaptable tactics (regime-specific)
- ✅ Backtestable results (strategy version)
**Success requires:**
- 📚 Understanding each regime
- 🎯 Following the signals
- 💪 Discipline to wait
- 🧠 Emotional control
- 📊 Proper risk management
**Start your journey:**
1. Load the indicator
2. Watch for 1 week (no trading)
3. Identify regime patterns
4. Paper trade for 1 month
5. Go live with small size
6. Scale up as you gain confidence
**Remember:** The market will always be here. There's no rush. Master one regime at a time, and you'll be profitable in all conditions!
Good luck! 🚀
SMC + OB + FVG + Reversal + UT Bot + Hull Suite – by Fatich.id🎯 7 INTEGRATED SYSTEMS:
✓ Mxwll Suite (SMC + Auto Fibs + CHoCH/BOS)
✓ UT Bot (Trend Signals + Label Management)
✓ Hull Suite (Momentum Analysis)
✓ LuxAlgo FVG (Fair Value Gaps)
✓ LuxAlgo Order Blocks (Volume Pivots) ⭐ NEW
✓ Three Bar Reversal (Pattern Recognition)
✓ Reversal Signals (Momentum Count Style)
⚡ KEY FEATURES:
• Smart Money Structure (CHoCH/BOS/I-CHoCH/I-BoS)
• Auto Fibonacci (10 customizable levels)
• Order Block Detection (Auto mitigation)
• Fair Value Gap Tracking
• Session Highlights (NY/London/Asia)
• Volume Activity Dashboard
• Multi-Timeframe Support
• Clean Label Management
🎨 PERFECT FOR:
• Smart Money Concept Traders
• Order Flow & Liquidity Analysis
• Support/Resistance Trading
• Trend Following & Reversals
• Multi-Timeframe Analysis
💡 RECOMMENDED SETTINGS:
Clean Charts: OB Count 3, UT Signals 3, FVG 5
Detailed Analysis: OB Count 5-10, All Signals
Scalping: Low sensitivity, Hull 20-30
Swing Trading: High sensitivity, Hull 55-100
Advanced ICC Multi-Timeframe 1.0Advanced ICC Multi-Timeframe Trading System
A comprehensive implementation and interpretation of the Indication, Correction, Continuation (ICC) trading methodology made popular by Trades by Sci, enhanced with advanced multi-timeframe analysis and automation features.
⚠️ CRITICAL TRADING WARNINGS:
DO NOT blindly follow BUY/SELL signals from this indicator
This indicator shows potential entry points but YOU must validate each trade
PAPER TRADE EXTENSIVELY before risking real capital
BACKTEST THOROUGHLY on your chosen instruments and timeframes
The ICC methodology requires understanding and discretion - automated signals are guidance only
This tool aids analysis but does not replace proper trade planning, risk management, or trader judgment
⚠️ Important Disclaimers:
This indicator is not endorsed by or affiliated with Trades by Sci
This is an early implementation and interpretation of the ICC methodology
May not work exactly as Trades by Sci executes his trades and entries
Requires further debugging, backtesting, and real-world validation
Completely free to use - no purchase required
I'm just one person obsessed with this method and wanted some better visualization of the chart/entries
About ICC:
The ICC method identifies complete market cycles through three phases: Indication (breakout), Correction (pullback), and Continuation (entry). This indicator automates the identification of these phases and adds powerful features for modern traders.
Key Features:
Multi-Timeframe Capabilities:
Automatic timeframe detection with optimized settings for 5m, 15m, 30m, 1H, 4H, and Daily charts
Higher timeframe overlay to view HTF ICC levels on lower timeframe charts for precise entry timing
Smart defaults that adjust swing length and consolidation detection based on your timeframe
Advanced Phase Tracking:
Complete ICC cycle tracking: Indication, Correction, Consolidation, Continuation, and No Setup phases
Live structure detection shows potential peaks/troughs before full confirmation
Intelligent invalidation logic detects failed setups when market structure reverses
Dynamic phase backgrounds for instant visual confirmation
Three Types of Entry Signals:
Traditional Entries - Price crosses back through the original indication level (strongest signals)
"BUY" (green) / "SELL" (red)
Breakout Entries - Price breaks out of consolidation range in the same direction
"BUY" (green) / "SELL" (red)
Reversal Entries (Optional, can be toggled off) - Price breaks consolidation in opposite direction, indicating failed setup
"⚠ BUY" (yellow) / "⚠ SELL" (orange)
More aggressive, counter-trend signals
Can be disabled for more conservative trading
Professional Features:
Volatility-based support/resistance zones (ATR-adjusted) that adapt to market conditions
Historical zone tracking (0-3 configurable) with visual hierarchy
Comprehensive real-time info table displaying all key metrics
Full alert system for entries, indications, and consolidation detection
Visual distinction between high-confidence trend entries and cautionary reversal entries
📖 USAGE GUIDE
Entry Signal Types:
The indicator provides three types of entry signals with visual distinction:
Strong Entries (High Confidence):
"BUY" (bright green) / "SELL" (bright red)
Includes traditional entries (crossing back through indication level) and breakout entries (breaking consolidation in trend direction)
These are trend continuation or breakout signals with higher probability
Recommended for all traders
Reversal Entries (Caution - Counter-Trend):
"⚠ BUY" (yellow) / "⚠ SELL" (orange)
Triggered when price breaks out of correction/consolidation in the OPPOSITE direction
Indicates a failed setup and potential trend reversal
More aggressive, counter-trend plays
Can be toggled off in settings for more conservative trading
Recommended only for experienced traders or after thorough backtesting
Swing Length Settings:
The swing length determines how many bars on each side are needed to confirm a swing high/low. This is the most important setting for tuning the indicator to your style.
Auto Mode (Recommended for beginners): Toggle "Use Auto Timeframe Settings" ON
5-minute: 30 bars
15-minute: 20 bars
30-minute: 12 bars
1-hour: 7 bars
4-hour: 5 bars
Daily: 3 bars
Manual Mode: Toggle "Use Auto Timeframe Settings" OFF
Lower values (3-7): More aggressive, detects smaller swings
Pros: More signals, faster entries, catches smaller moves
Cons: More noise, more false signals, requires tighter stops
Best for: Scalping, active day trading, volatile markets
Higher values (12-20): More conservative, only major swings
Pros: More reliable signals, fewer false breakouts, clearer structure
Cons: Fewer signals, delayed entries, might miss smaller opportunities
Best for: Swing trading, position trading, trending markets
Default Manual Setting: 7 bars (balanced for 1H charts)
Minimum: 3 bars
Consolidation Bars Setting:
Determines how many bars without new structure are needed before flagging consolidation.
Lower values (3-10): Faster detection, catches brief pauses, more sensitive
Best for: Lower timeframes, volatile markets, avoiding any chop
Higher values (20-40): More reliable, only flags true extended consolidation
Best for: Higher timeframes, trending markets, patient traders
Current defaults scale with timeframe (more bars needed on shorter timeframes)
Historical S/R Zones:
Shows previous support and resistance levels to provide context.
Default: 2 historical zones (shows current + 2 previous)
Range: 0-3 zones
Visual Hierarchy: Older zones are more transparent with dashed borders
Usage: Higher numbers (2-3) show more historical context but can clutter the chart. Start with 2 and adjust based on your preference.
Live Structure Feature (Yellow Warning ⚠):
Provides early warning of potential structure changes before full confirmation.
What it does: Detects potential swing highs/lows after just 2 bars instead of waiting for full swing_length confirmation
Live Peak: Shows when a high is followed by 2 lower closes (potential top forming)
Live Trough: Shows when a low is followed by 2 higher closes (potential bottom forming)
Important: These are UNCONFIRMED - they may be invalidated if price reverses
Use case: Get early awareness of potential reversals while waiting for confirmation
Displayed in: Info table only (no visual markers on chart to reduce clutter)
Only shows: Peaks higher than last swing high, or troughs lower than last swing low (filters out noise)
Higher Timeframe (HTF) Analysis:
View higher timeframe ICC structure while trading on lower timeframes.
How to enable: Toggle "Show Higher Timeframe ICC" ON
Setup: Set "Higher Timeframe" to your reference timeframe
Example: Trading on 15-minute? Set HTF to 240 (4-hour) or 60 (1-hour)
Example: Trading on 5-minute? Set HTF to 60 (1-hour) or 15 (15-minute)
What it shows:
HTF indication levels displayed as dashed lines
Blue = HTF Bullish Indication
Purple = HTF Bearish Indication
HTF phase and levels shown in info table
Trading workflow:
Check HTF phase for overall market direction
Wait for HTF correction phase
Drop to lower timeframe to find precise entries
Enter when lower TF shows continuation in alignment with HTF
Best practice: HTF should be 3-4x your trading timeframe for best results
Reversal Entries Toggle:
Default: ON (shows all signal types)
Toggle OFF for more conservative trading (only trend continuation signals)
Recommended: Backtest with both settings to see which works better for your style
New traders should consider disabling reversal entries initially
Volatility-Based Zones:
When enabled, support/resistance zones automatically adjust their height based on ATR (Average True Range).
More volatile = wider zones
Less volatile = tighter zones
Toggle OFF for fixed-width zones
Community Feedback Welcome:
This is an evolving project and your input is valuable! Please share:
Bug reports and issues you encounter
Feature requests and suggestions for improvement
Results from your backtesting and live trading experience
Feedback on the reversal entry feature (too aggressive? working well?)
Ideas for better aligning with the ICC methodology
Perfect for traders learning or implementing the ICC methodology with the benefit of modern automation, multi-timeframe analysis, and flexible entry signal options.
Echo Chamber [theUltimator5]The Echo Chamber - When history repeats, maybe you should listen.
Ever had that eerie feeling you've seen this exact price action before? The Echo Chamber doesn't just give you déjà vu—it mathematically proves it, scales it, and projects what happened next.
📖 WHAT IT DOES
The Echo Chamber is an advanced pattern recognition tool that scans your chart's history to find segments that closely match your current price action. But here's where it gets interesting: it doesn't just find similar patterns - It expands and contracts the time window to create a uniquely scaled fractal. Patterns don't always follow the same timeframe, but they do follow similar patterns.
Using a custom correlation analysis algorithm combined with flexible time-scaling, this indicator:
Finds historical price segments that mirror your current market structure
Scales and overlays them perfectly onto your current chart
Projects forward what happened AFTER that historical match
Gives you a visual "echo" from the past with a glimpse into potential futures
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HOW TO USE IT
This indicator starts off in manual mode, which means that YOU, the user, can select the point in time that you want to project from. Simply click on a point in time to set the starting value.
Once you select your point in time, the indicator will automatically plot the chosen historical chart pattern and correlation over the current chart and project the price forwards based on how the chart looked in the past. If you want to change the point in time, you can update it from the settings, or drag the point on the chart over to a new position.
You can manually select any point in time, and the chart will quickly update with the new pattern. A correlation will be shown in a table alongside the date/timestamp of the selected point in time.
You can switch to auto mode, which will automatically search out the best-fit pattern over a defined lookback range and plot the past/future projection for you without having to manually select a point in time at all. It simply finds the best fit for you.
You can change the scale factor by adjusting multiplication and division variables to find time-scaled fractal patterns.
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🎯 KEY FEATURES
Two Operating Modes:
🔧 MANUAL MODE - Select any historical point and see how it correlates with current price action in real-time. Perfect for:
• Analyzing specific past events (crashes, rallies, consolidations)
• Testing historical patterns against current conditions
• Educational analysis of market structure repetition
🤖 AUTO MODE - It automatically scans through your lookback period to find the single best-correlated historical match. Ideal for:
• Quick pattern discovery
• Systematic trading approach
• Unbiased pattern recognition
Time Warp Technology:
The time warp feature expands and compresses the correlation window to provide a custom fractal so you can analyze windows of time that don't necessarily match the current chart.
💡 *Example: Multiplier=3, Divisor=2 gives you a 1.5x time stretch—perfect for finding patterns that played out 50% slower than current price action.*
Drawing Modes:
Scale Only : Pure vertical scaling—matches price range while maintaining temporal alignment at bar 0
Rotate & Scale : Advanced geometric transformation that anchors both the start AND end points, creating a rotated fit that matches your current segment's slope and range
Visual Components:
🟠 Orange Overlay : The historical match, perfectly scaled to your current price action
🟣 Purple Projection : What happened NEXT after that historical pattern (dotted line into the future)
📦 Highlight Boxes : Shows you exactly where in history these patterns came from
📊 Live Correlation Table : Real-time correlation coefficient with color-coded strength indicator
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⚙️ PARAMETERS EXPLAINED
Correlation Window Length (20) : How many bars to match. Smaller = more precise matches but noisier. Larger = broader patterns but fewer matches.
Note: if this value is too high in auto mode, the script may time out from computational overload.
Multiplication Factor : Historical time multiplier. 2 = sample every 2nd bar from history. Higher values find slower historical patterns.
Division Factor : Historical time divisor applied after multiplication. Final sample rate = (Length × Factor) ÷ Divisor, rounded down.
Lookback Range : How far back to search for patterns. More history = better chance of finding matches but slower performance.
Note: if this value is too high in auto mode, the script may time out from computational overload.
Future Projection Length : How many bars forward to project from the historical match. Your crystal ball's focal length.
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💼 TRADING APPLICATIONS
Trend Continuation/Reversal :
If the purple projection continues the current trend, that's your historical confirmation. If it reverses, you've found a potential turning point that's happened before under similar conditions.
Support/Resistance Validation :
Does the projection respect your S/R levels? History suggests those levels matter. Does it break through? You've found historical precedent for a breakout.
Time-Based Exits :
The projection shows not just WHERE price might go, but WHEN. Use it to anticipate timing of moves.
Multi-Timeframe Analysis :
Use time compression to overlay higher timeframe patterns onto lower timeframes. See daily patterns on hourly charts, weekly on daily, etc.
Pattern Education :
In Manual Mode, study how specific historical events correlate with current conditions. Build your pattern recognition library.
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📊 CORRELATION TABLE
The table shows your correlation coefficient as a percentage:
80-100%: Extremely strong correlation—history is practically repeating
60-80%: Strong correlation—significant similarity
40-60%: Moderate correlation—some structural similarity
20-40%: Weak correlation—limited similarity
0-20%: Very weak correlation—essentially random match
-20-40%: Weak inverse correlation
-40-60%: Moderate inverse correlation
-60-80%: Strong inverse correlation
-80-100%: Extremely strong inverse correlation—history is practically inverting
**Important**: The correlation measures SHAPE similarity, not price level. An 85% correlation means the price movements follow a very similar pattern, regardless of whether prices are higher or lower.
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⚠️ IMPORTANT DISCLAIMERS
- Past performance does NOT guarantee future results (but it sure is interesting to study)
- High correlation doesn't mean causation—markets are complex adaptive systems
- Use this as ONE tool in your analytical toolkit, not a standalone trading system
- The projection is what HAPPENED after a similar pattern in the past, not a prediction
- Always use proper risk management regardless of what the Echo Chamber suggests
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🎓 PRO TIPS
1. Start with Auto Mode to find high-correlation matches, then switch to Manual Mode to study why that period was similar
2. Experiment with time warping on different timeframes—a 2x factor on a daily chart lets you see weekly patterns
3. Watch for correlation decay —if correlation drops sharply after the match, current conditions are diverging from history
4. Combine with volume —check if volume patterns also match
5. Use "Rotate & Scale" mode when the current trend angle differs from the historical match
6. Increase lookback range to 500-1000+ on daily/weekly charts for finding rare historical parallels
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🔧 TECHNICAL NOTES
- Uses Pearson correlation coefficient for pattern matching
- Implements range-based scaling to normalize different price levels
- Rotation mode uses linear interpolation for geometric transformation
- All calculations are performed on close prices
- Boxes highlight actual historical bar ranges (high/low)
- Maximum of 500 lines and 500 boxes for performance optimization
Adaptive Support & Resistance ProAdaptive Support & Resistance Pro – Description
Adaptive Support & Resistance Pro is an advanced S/R tool designed to automatically identify key support and resistance zones based on a combination of RSI, CMO dynamics, and pivot logic. This indicator provides precise and reactive levels that form only when specific technical conditions are met, filtering out noise and delivering more reliable S/R signals.
It is ideal for technical traders who want to understand where price naturally pauses, reverses, or consolidates—without the need to manually draw lines on every chart.
🔍 Key Features
1. Automatic Support & Resistance Detection
The indicator uses:
RSI (9)
CMO logic based on HMA
Pivot structure (len = 2)
to generate valid Support and Resistance zones.
A level is drawn only when all required conditions align, preventing false or weak signals.
2. Multi-Timeframe Analysis (MTF)
You can view the chart on one timeframe (e.g., 5m)
and display Support/Resistance levels from another timeframe (e.g., 1H, 4H, D) at the same time.
This allows for:
viewing higher-timeframe structures on lower charts,
better planning of entries and exits,
avoiding trades inside strong zones that may not be visible on the current timeframe.
All of this is controlled through the input:
S/R Timeframe
3. Adjustable Line Thickness (visual enhancement)
Using the input:
Line Width
you can increase the thickness of support/resistance lines to:
make important zones more visible,
improve chart readability,
emphasize S/R levels according to your visual preference.
This is especially useful on fast markets (Forex, Crypto) and on higher timeframes where clarity of levels is essential.
4. Clear distinction between Support and Resistance
Support lines have their own customizable color (default: green)
Resistance lines have their own customizable color (default: red)
You can freely adjust the colors to match your personal TradingView layout or theme.
5. Alerts (Notification System)
The built-in alert:
"New S/R line"
triggers whenever a new support or resistance level is detected.
This helps you:
monitor important levels without constantly watching the chart,
react quickly to new structure signals,
stay aware of market changes in real time.
🎯 How to Use the Indicator
Support levels often indicate potential reversals or long-entry opportunities.
Resistance levels highlight areas where price may reverse downward or form short setups.
The best performance is achieved when combining this indicator with:
price action,
EMA structure,
confirmation zones,
breakout logic,
trend filters.
MTF usage is highly recommended:
Analyze higher-timeframe S/R while trading lower-timeframe setups.
⚠️ Disclaimer
This indicator does not generate direct buy or sell signals.
Its purpose is to assist in market analysis and highlight areas where price is likely to react.
📌 Conclusion
Adaptive Support & Resistance Pro combines the strongest elements of automated S/R mapping: precision, reduced noise, multi-timeframe flexibility, and advanced logic based on RSI, CMO, and pivot structure.
It is perfect for traders who want:
clean and accurate S/R levels,
higher-timeframe insight while trading lower charts,
customizable and visually enhanced structure mapping.
Regime [CHE] Regime — Minimal HTF MACD histogram regime marker with a simple rising versus falling state.
Summary
Regime is a lightweight overlay that turns a higher-timeframe-style MACD histogram condition into a simple regime marker on your chart. It queries an imported core module to determine whether the histogram is rising and then paints a consistent marker color based on that boolean state. The output is intentionally minimal: no lines, no panels, no extra smoothing visuals, just a repeated marker that reflects the current regime. This makes it useful as a quick context filter for other signals rather than a standalone system.
Motivation: Why this design?
A common problem in discretionary and systematic workflows is clutter and over-interpretation. Many regime tools draw multiple plots, which can distract from price structure. This script reduces the regime idea to one stable question: is the MACD histogram rising under a given preset and smoothing length. The core logic is delegated to a shared module to keep the indicator thin and consistent across scripts that rely on the same definition.
What’s different vs. standard approaches?
Reference baseline: A standard MACD histogram plotted in a separate pane with manual interpretation.
Architecture differences:
Uses a shared library call for the regime decision, rather than re-implementing MACD logic locally.
Uses a single boolean output to drive marker color, rather than plotting histogram bars.
Uses fixed marker placement at the bottom of the chart for consistent visibility.
Practical effect:
You get a persistent “context layer” on price without dedicating a separate pane or reading histogram amplitude. The chart shows state, not magnitude.
How it works (technical)
1. The script imports `chervolino/CoreMACDHTF/2` and calls `core.is_hist_rising()` on each bar.
2. Inputs provide the source series, a preset string for MACD-style parameters, and a smoothing length used by the library function.
3. The library returns a boolean `rising` that represents whether the histogram is rising according to the library’s internal definition.
4. The script maps that boolean to a color: yellow when rising, blue otherwise.
5. A circle marker is plotted on every bar at the bottom of the chart, colored by the current regime state. Only the most recent five hundred bars are displayed to limit visual load.
Notes:
The exact internal calculation details of `core.is_hist_rising()` are not shown in this code. Any higher timeframe mechanics, security usage, or confirmation behavior are determined by the imported library. (Unknown)
Parameter Guide
Source — Selects the price series used by the library call — Default: close — Tips: Use close for consistency; alternate sources may shift regime changes.
Preset — Chooses parameter preset for the library’s MACD-style configuration — Default: 3,10,16 — Trade-offs: Faster presets tend to flip more often; slower presets tend to react later.
Smoothing Length — Controls smoothing used inside the library regime decision — Default: 21 — Bounds: minimum one — Trade-offs: Higher values typically reduce noise but can delay transitions. (Library behavior: Unknown)
Reading & Interpretation
Yellow markers indicate the library considers the histogram to be rising at that bar.
Blue markers indicate the library considers it not rising, which may include falling or flat conditions depending on the library definition. (Unknown)
Because markers repeat on every bar, focus on transitions from one color to the other as regime changes.
This tool is best read as context: it does not express strength, only direction of change as defined by the library.
Practical Workflows & Combinations
Trend following:
Use yellow as a condition to allow long-side entries and blue as a condition to allow short-side entries, then trigger entries with your primary setup such as structure breaks or pullback patterns. (Optional)
Exits and stops:
Consider tightening management after a color transition against your position direction, but do not treat a single flip as an exit signal without price-based confirmation. (Optional)
Multi-asset and multi-timeframe:
Keep `Source` consistent across assets.
Use the slower preset when instruments are noisy, and the faster preset when you need earlier context shifts. The best transferability depends on the imported library’s behavior. (Unknown)
Behavior, Constraints & Performance
Repaint and confirmation:
This script itself uses no forward-looking indexing and no explicit closed-bar gating. It evaluates on every bar update.
Any repaint or confirmation behavior may come from the imported library. If the library uses higher timeframe data, intrabar updates can change the state until the higher timeframe bar closes. (Unknown)
security and HTF:
Not visible here. The library name suggests HTF behavior, but the implementation is not shown. Treat this as potentially higher-timeframe-driven unless you confirm the library source. (Unknown)
Resources:
No loops, no arrays, no heavy objects. The plotting is one marker series with a five hundred bar display window.
Known limits:
This indicator does not convey histogram magnitude, divergence, or volatility context.
A binary regime can flip in choppy phases depending on preset and smoothing.
Sensible Defaults & Quick Tuning
Starting point:
Source: close
Preset: 3,10,16
Smoothing Length: 21
Tuning recipes:
Too many flips: choose the slower preset and increase smoothing length.
Too sluggish: choose the faster preset and reduce smoothing length.
Regime changes feel misaligned with your entries: keep the preset, switch the source back to close, and tune smoothing length in small steps.
What this indicator is—and isn’t
This is a minimal regime visualization and a context filter. It is not a complete trading system, not a risk model, and not a prediction engine. Use it together with price structure, execution rules, and position management. The regime definition depends on the imported library, so validate it against your market and timeframe before relying on it.
Disclaimer
The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context.
Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved.
By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk.
Do not use this indicator on Heikin-Ashi, Renko, Kagi, Point-and-Figure, or Range charts, as these chart types can produce unrealistic results for signal markers and alerts.
Best regards and happy trading
Chervolino
MACD HTF Hardcoded
MarketSurge EPS Line [tradeviZion]MarketSurge EPS Line
EPS trend line overlay for TradingView charts, inspired by the IBD MarketSurge (formerly MarketSmith) EPS line style.
Comparison: Left side shows IBD MarketSurge EPS line as reference. Right side shows this TradingView script producing similar output with interactive tooltips. The left side image is for reference only to demonstrate similarity - it is not part of the TradingView script.
Features:
Displays EPS trend line on price charts
Uses 4-quarter earnings moving average
Shows earnings momentum over time
Works with actual, estimated, or standardized earnings data
Customizable line color and width
Interactive tooltips with detailed earnings information
Custom symbol analysis support
How to Use:
Add script to chart
EPS line appears automatically
Adjust color and width in settings if needed
Hover over line for earnings details
Settings Explained:
Display Settings:
Show EPS Line: Toggle to show or hide the EPS trend line
EPS Line Color: Choose the color for the EPS trend line and labels
EPS Line Width: Adjust the thickness of the EPS trend line (1-5 pixels)
Symbol Settings:
By default, the indicator analyzes the EPS data for the symbol currently displayed on your chart. The Custom Symbol feature allows you to:
Analyze EPS data for a different symbol without changing your chart
Compare earnings trends of related stocks or competitors
View EPS data for one symbol while analyzing price action of another
To use Custom Symbol:
Enable "Use Custom Symbol" checkbox
Click on "Custom Symbol" field to open TradingView's symbol picker
Search and select the symbol you want to analyze
The indicator will fetch and display EPS data for the selected symbol
Note: The chart will still show price action for your current symbol, but the EPS line will reflect the custom symbol's earnings data.
Data Settings:
EPS Field: Choose which earnings data source to use:
Actual Earnings: Reported earnings from company financial statements (default). Use this to analyze historical performance based on what companies actually reported.
Estimated Earnings: Analyst consensus forecasts for future quarters. Use this to see what analysts expect and compare expectations with actual results.
Standardized Earnings: Earnings adjusted for comparability across companies. Use this when comparing multiple stocks as it normalizes accounting differences.
Display Scale:
For the indicator to display correctly on the existing chart, it uses its own axis (right scale) by default. However, you can change this, but the view will not look the same. The right scale is recommended for optimal visibility as it allows the EPS line to be clearly visible alongside price action without compression.
Example: EPS line on separate right scale (recommended) - hover over labels to view detailed earnings tooltips
Example: EPS line pinned to Scale A (not recommended - appears as straight line due to small EPS range compared to price)
Example: EPS line displayed in separate pane below price chart
Methodology Credits:
This indicator implements the EPS line visualization methodology developed by Investor's Business Daily (IBD) for their MarketSurge platform (formerly known as MarketSmith). The EPS line concept helps visualize earnings momentum alongside price action, providing a fundamental overlay for technical analysis.
Technical Details:
Designed for daily, weekly, and monthly timeframes
Minimum 4 quarters of earnings data required
Uses TradingView's built-in earnings data
Automatically handles missing or invalid data
This indicator helps you visualize earnings trends alongside price action, providing a fundamental overlay for your technical analysis.
PivotBoss VWAP Bands (Auto TF) - FixedWhat this indicator shows (high level)
The indicator plots a VWAP line and three bands above (R1, R2, R3) and three bands below (S1, S2, S3).
Band spacing is computed from STD(abs(VWAP − price), N) and multiplied by 1, 2 and 3 to form R1–R3 / S1–S3. The script is timeframe-aware: on 30m/1H charts it uses Weekly VWAP and weekly bands; on Daily charts it uses Monthly VWAP and monthly bands; otherwise it uses the session/chart VWAP.
VWAP = the market’s volume-weighted average price (a measure of fair value). Bands = volatility-scaled zones around that fair value.
Trading idea — concept summary
VWAP = fair value. Price above VWAP implies bullish bias; below VWAP implies bearish bias.
Bands = graded overbought/oversold zones. R1/S1 are near-term limits, R2/S2 are stronger, R3/S3 are extreme.
Use trend alignment + price action + volume to choose higher-probability trades. VWAP bands give location and magnitude; confirmations reduce false signals.
Entry rules (multiple strategies with examples)
A. Momentum breakout (trend-following) — preferred on trending markets
Setup: Price consolidates near or below R1 and then closes above R1 with above-average volume. Chart: 30m/1H (Weekly VWAP) or Daily (Monthly VWAP) depending on your timeframe.
Entry: Enter long at the close of the breakout bar that closes above R1.
Stop-loss: Place initial stop below the higher of (VWAP or recent swing low). Example: if price broke R1 at ₹1,200 and VWAP = ₹1,150, set stop at ₹1,145 (5 rupee buffer below VWAP) or below the last swing low if that is wider.
Target: Partial target at R2, full target at R3. Trail stop to VWAP or to R1 after price reaches R2.
Example numeric: Weekly VWAP = ₹1,150, R1 = ₹1,200, R2 = ₹1,260. Buy at ₹1,205 (close above R1), stop ₹1,145, target1 ₹1,260 (R2), target2 ₹1,320 (R3).
B. Mean-reversion fade near bands — for range-bound markets
Setup: Market is not trending (VWAP flatish). Price rallies up to R2 or R3 and shows rejection (pin bar, bearish engulfing) on increasing or neutral volume.
Entry: Enter short after a confirmed rejection candle that fails to sustain above R2 or R3 (prefer confirmation: close back below R1 or below the rejection candle low).
Stop-loss: Just above the recent high (e.g., 1–2 ATR or a fixed buffer above R2/R3).
Target: First target VWAP, second target S1. Reduce size if taking R3 fade as it’s an extreme.
Example numeric: VWAP = ₹950, R2 = ₹1,020. Price spikes to ₹1,025 and forms a bearish engulfing candle. Enter short at ₹1,015 after the next close below ₹1,020. Stop at ₹1,035, target VWAP ₹950.
C. Pullback entries in trending markets — higher probability
Setup: Price is above VWAP and trending higher (higher highs and higher lows). Price pulls back toward VWAP or S1 with decreasing downside volume and a reversal candle forms.
Entry: Long when price forms a bullish reversal (hammer/inside-bar) with a close back above the pullback candle.
Stop-loss: Below the pullback low (or below S2 if a larger stop is justified).
Target: VWAP then R1; if momentum resumes, trail toward R2/R3.
Example numeric: Price trending above Weekly VWAP at ₹1,400; pullback to S1 at ₹1,360. Enter long at ₹1,370 when a bullish candle closes; stop at ₹1,350; first target VWAP ₹1,400, second target R1 ₹1,450.
Exit rules and money management
Basic exit hierarchy
Hard stop exit — when price hits initial stop-loss. Always use.
Target exit — take partial profits at R1/R2 (for longs) or S1/S2 (for shorts). Use trailing stops for the remainder.
VWAP invalidation — if you entered long above VWAP and price returns and closes significantly below VWAP, consider exiting (condition depends on timeframe and trade size).
Price action exit — reversal patterns (strong opposite candle, bearish/bullish engulfing) near targets or beyond signals to exit.
Trailing rules
After price reaches R2, move stop to breakeven + a small buffer or to VWAP.
After price reaches R3, trail by 1 ATR or lock a defined profit percentage.
Position sizing & risk
Risk per trade: commonly 0.5–2% of account equity.
Determine position size by RiskAmount ÷ (EntryPrice − StopPrice).
If the stop distance is large (e.g., trading R3 fades), reduce position size.
Filters & confirmation (to reduce false signals)
Volume filter: For breakouts, require volume above short-term average (e.g., >20-period average). Breakouts on low volume are suspect.
Trend filter: Only take breakouts in the direction of the higher-timeframe trend (for example, use Daily/Weekly trend when trading 30m/1H).
Candle confirmation: Prefer entries on close of the confirming candle (not intrabar noise).
Multiple confirmations: When R1 break happens but RSI/plotted momentum indicator does not confirm, treat signal as lower probability.
Special considerations for timeframe-aware logic
On 30m/1H the script uses Weekly VWAP/bands. That means band levels change only on weekly candles — they are strong, structural levels. Treat R1/R2/R3 as significant and expect fewer, stronger signals.
On Daily, the script uses Monthly VWAP/bands. These are wider; trades should allow larger stops and smaller position sizes (or be used for swing trades).
On other intraday charts you get session VWAP (useful for intraday scalps).
Example: If you trade 1H and the Weekly R1 is at ₹2,400 while session VWAP is ₹2,350, a close above Weekly R1 represents a weekly-level breakout — prefer that for swing entries rather than scalps.
Example trade walkthrough (step-by-step)
Context: 1H chart, auto-mapped → Weekly VWAP used.
Weekly VWAP = ₹3,000; R1 = ₹3,080; R2 = ₹3,150.
Price consolidates below R1. A large bullish candle closes at ₹3,085 with volume 40% above the 20-bar average.
Entry: Buy at close ₹3,085.
Stop: Place stop at ₹2,995 (just under Weekly VWAP). Risk = ₹90.
Position size: If risking ₹900 per trade → size = 900 ÷ 90 = 10 units.
Targets: Partial take-profit at R2 = ₹3,150; rest trailed with stop moved to breakeven after R2 is hit.
If price reverses and closes below VWAP within two bars, exit immediately to limit drawdown.
When to avoid trading these signals
High-impact news (earnings, macro announcements) that can gap through bands unpredictably.
Thin markets with low volume — VWAP loses significance when volumes are extremely low.
When weekly/monthly bands are flat but intraday price is volatile without clear structure — prefer session VWAP on smaller timeframes.
Alerts & automation suggestions
Alert on close above R1 / below S1 (use the built-in alertcondition the script adds). For higher-confidence alerts, require volume filter in the alert condition.
Automated order rules (if you automate): use limit entry at breakout close plus a small slippage buffer, immediate stop order, and OCO for TP and SL.
🔥 SMC Reversal Engine v3.5 – Clean FVG + DashboardSMC Reversal Engine v3.5 – Clean FVG + Dashboard
The SMC Reversal Engine is a precision-built Smart Money Concepts tool designed to help traders understand market structure the single most important foundation in reading price action. It reveals how institutions move liquidity, where structure shifts occur, and how Fair Value Gaps (FVGs) align with these changes to signal potential reversals or continuations.
Understanding How It Works
At its core, the script detects CHoCH (Change of Character) and BOS (Break of Structure)—the two key turning points in institutional order flow. A CHoCH shows that the market has reversed intent (for example, from bearish to bullish), while a BOS confirms a continuation of the current trend. Together, they form the backbone of structure-based trading.
To refine this logic, the engine uses fractal pivots clusters of candles that confirm swing highs and lows. Fractals filter out noise, identifying points where price truly changes direction. The script lets you set this sensitivity manually or automatically adapts it depending on the timeframe. Lower fractal sensitivity captures smaller intraday swings for scalpers, while higher sensitivity locks onto major swing structures for swing and position traders.
The dashboard gives you a real-time reading of the trend, the last high and low, and what the market is likely to do next—for example, “Expect HL” or “Wait for LH.” It even tracks the accuracy of these structure predictions over time, giving an educational feedback loop to help you learn price behavior.
Fair Value Gaps and Tap Entries
Fair Value Gaps (FVGs) mark moments when price moves too quickly, leaving inefficiencies that institutions often revisit. When price taps into an FVG, it often acts as a high-probability entry zone for reversals or continuations. The script automatically detects, extends, and deletes old FVGs, keeping only relevant zones visible for a clean chart.
Traders can enable markTapEntry to visually confirm when an FVG gets filled. This is a simple but powerful trigger that often aligns with CHoCH or BOS moments.
Recommended Settings for Different Traders
For Scalpers, use a lower HTF structure such as 1 minute or 5 minutes. Keep Auto Fractals on for faster reaction, and limit FVG zones to 2–3. This gives you a clean, real-time reflection of order flow.
For Intraday Traders, 15-minute to 1-hour structure gives the perfect balance between reactivity and stability. Fractal sensitivity around 3–5 captures the most actionable levels without excessive noise.
For Swing Traders, use 4-hour, 1-day, or even 3-day structure. The chart becomes smoother, showing higher-order CHoCH and BOS that define true institutional transitions. Combine this with EMA confirmation for higher conviction.
For Position or Macro Traders, select Weekly or Monthly structure. The dynamic label system expands automatically to keep more historical BOS/CHoCH points visible, allowing you to see long-term shifts clearly.
Educational Value
This indicator is built to teach traders how to see structure the way professionals and smart money do. You’ll learn to recognize how markets transition from one phase to another from accumulation to manipulation to expansion. Each CHoCH or BOS helps you decode where liquidity is being taken and where new intent begins.
The included SMC Quick Guide explains each structural cue right on your chart. Within days of using it, you’ll start noticing patterns that reveal how price really moves, instead of guessing based on indicators.
Settings and How to Use Them
Everything in the SMC Reversal Engine is designed to adapt to your trading style and help you read structure like a professional.
When you open the Inputs Panel, you’ll see sections like Fractal Settings, FVG Settings, Buy/Sell Confirmation, and Educational Tools.
Under Fractal Settings, you can choose the higher timeframe (HTF) that defines structure—from minutes to weeks. The Auto Fractal Sensitivity option automatically adjusts how tight or wide swing points are detected. Lower sensitivity captures short-term fluctuations (great for scalpers), while higher values filter noise and isolate major swing highs and lows (perfect for swing traders).
The Fair Value Gap (FVG) options manage imbalance zones—the footprints of institutional orders. You can show or hide these zones, extend them into the future, and control how long they remain before auto-deletion. The Mark Entry When FVG is Tapped option places a small label when price revisits the gap—a potential entry signal that aligns with smart money logic.
EMA Confirmation adds a layer of confluence. The script can automatically scale EMA lengths based on timeframe, or you can input your preferred values (for example, 9/21 for intraday, 50/200 for swing). Require EMA Crossover Confirmation helps filter false moves, keeping you trading only with aligned momentum.
The Educational section gives traders visual reinforcement. When enabled, you’ll see tags like HH (Higher High), HL (Higher Low), LH (Lower High), and LL (Lower Low). These show structure shifts in real time, helping you learn visually what market structure really means. The Cheat Sheet panel summarizes each term, always visible in the corner for quick reference.
Early Top Warnings use wick size and RSI divergence to signal when price may be overextended—a useful heads-up before potential CHoCH formations.
Finally, the Narrative and Accuracy System translates structure into simple English—messages like Trend Bullish → Wait for HL or BOS Bearish → Expect LL. Over time, you can monitor how accurate these expectations have been, training your pattern recognition and confidence.
Pro Tips for Getting the Most Out of the SMC Reversal Engine
1. Start on Higher Timeframes First: Begin on the 4H or Daily chart where structure is cleaner and signals have more weight. Then scale down for entries once you grasp directional intent.
2. Use FVGs for Context, Not Just Entries: Observe how price behaves around unfilled FVGs—they often act as magnets or barriers, offering insight into where liquidity lies.
3. Combine With HTF Bias: Always trade in the direction of your higher timeframe trend. A bullish weekly BOS means lower timeframes should ideally align bullishly for optimal setups.
4. Clean Charts = Clear Mind: Use Minimal Mode when focusing on price action, then toggle the educational tools back on to review structure for learning.
5. Don’t Chase Every CHoCH or BOS: Focus on significant breaks that align with broader context and liquidity sweeps, not minor fluctuations.
6. Accuracy Rate Is a Feedback Tool: Use the accuracy stat as a reflection of consistency—not a trade trigger.
7. Build Narrative Awareness: Read the on-chart narrative messages to reinforce structured thinking and stay disciplined.
8. Practice Replay Mode: Step through past structures to visually connect CHoCH, BOS, and FVG behavior. It’s one of the best ways to train pattern recognition.
Summary
* Detects CHoCH and BOS automatically with fractal precision
* Identifies and manages Fair Value Gaps (FVGs) in real time
* Displays a smart dashboard with accuracy tracking
* Adapts label visibility dynamically by timeframe
* Perfect for both learning and trading with institutional clarity
This tool isn’t about predicting the market—it’s about understanding it. Once you can read structure, everything else in trading becomes secondary.
Ross Cameron 5 Pillars FilterFirst, I am not Ross Cameron. This indicator is based on his five pillars of stock selection.
ROSS CAMERON 5 PILLARS MOMENTUM FILTER
🎯 OVERVIEW
This indicator automatically checks if the current symbol meets Ross Cameron's famous "5 Pillars" stock selection criteria from Warrior Trading - a proven methodology for identifying high-probability momentum day trading setups.
📊 ROSS CAMERON'S 5 PILLARS
1️⃣ RELATIVE VOLUME ≥5x (Automated ✅)
• Compares current volume to 30-day average
• Minimum 5x confirms institutional/retail interest
• High RVol = high liquidity and momentum potential
2️⃣ DAILY % CHANGE ≥10% (Automated ✅)
• Stock must already be showing momentum
• Default threshold: 10% up from previous close
• Confirms demand is already present
3️⃣ NEWS CATALYST (Manual Check ⚠️)
• Breaking news justifies the price movement
• Look for: earnings, FDA approvals, partnerships, contracts
• 🔥 icon flags stocks with ≥15% momentum (likely news-driven)
4️⃣ PRICE RANGE $1-$20 (Automated ✅)
• Sweet spot for retail trader momentum
• Highly volatile small-cap stocks
• Accessible price range for position building
5️⃣ FLOAT <10 MILLION SHARES (Automated ✅)
• Low float creates supply/demand imbalances
• Enables explosive 50-100%+ intraday moves
• Automatically checked when data available
• Shows actual float with ✅/❌ indicator
🚀 KEY FEATURES
✅ GREEN BACKGROUND HIGHLIGHT
• Visual alert when ALL automated criteria are met
• Instantly identify potential setups while scanning watchlist
📋 DETAILED BREAKDOWN TABLE
• Shows pass/fail status for each pillar
• Displays actual values (RVol, %, Float, etc.)
• Color-coded for quick interpretation
🔥 STRONG MOMENTUM INDICATOR
• Highlights stocks ≥15% (likely have news catalyst)
• Helps prioritize which stocks to research first
🔔 BUILT-IN ALERTS
• "Ross Cameron Criteria Met" - All automated criteria pass
• "Strong Momentum Alert" - Stock showing explosive movement
⚙️ FULLY CUSTOMIZABLE
• Adjust all thresholds to your trading style
• Configurable table position and display
• Toggle volume spike filter on/off
💡 HOW TO USE
BEST WORKFLOW:
1. Build a watchlist of small-cap stocks using TradingView's Stock Screener
2. Add this indicator to your charts
3. Flip through your watchlist - look for GREEN BACKGROUNDS
4. Check the table for detailed breakdown of each pillar
5. VERIFY NEWS CATALYST (required for Pillar 3)
6. If float shows N/A, verify manually on Finviz
7. Execute your trading plan with proper risk management
OPTIMAL TIMING:
• Pre-Market (8:00-9:30 AM ET) - Identify gap-up candidates
• Morning Session (9:30 AM-12:00 PM ET) - Prime momentum window
• Avoid lunch hour (12:00-2:00 PM ET) - Low volume, choppy
ALERT SETUP:
1. Click "Create Alert" on your chart
2. Select "Ross Cameron Criteria Met" condition
3. Get notified when new setups appear real-time
⚙️ CUSTOMIZABLE SETTINGS
PILLAR 1 - RELATIVE VOLUME:
• Min RVol: 5.0x (Ross's minimum, increase for more selective)
• RVol Period: 30 days (industry standard)
PILLAR 2 - MOMENTUM:
• Min Daily %: 10% (increase to 15% for stronger setups)
PILLAR 3 - CATALYST:
• Strong Momentum %: 15% (threshold for 🔥 indicator)
PILLAR 4 - PRICE RANGE:
• Min Price: $1.00 (adjust based on account size)
• Max Price: $20.00 (Ross's sweet spot)
PILLAR 5 - FLOAT:
• Max Float: 10M shares (ultra-aggressive traders use 5M)
ADDITIONAL FILTERS:
• Volume Spike: 2x (Warrior Trading standard)
• Confirms intraday momentum continuation
📈 INTERPRETATION GUIDE
✅ GREEN BACKGROUND = GO!
• All automated criteria are met
• Check news catalyst before trading
• Verify setup on chart (not overextended)
• Follow your risk management plan
❌ NO GREEN BACKGROUND = WAIT
• At least one criterion failed
• Check table to see which pillar(s) failed
• May become valid later if momentum increases
🔥 FLAME ICON = HIGH PRIORITY
• Stock showing very strong momentum (≥15%)
• Likely has significant news catalyst
• Research news IMMEDIATELY
• Often the best setups of the day
⚠️ N/A FOR FLOAT = MANUAL CHECK
• TradingView doesn't have float data for this symbol
• Verify on Finviz.com or similar
• If float >10M, setup is invalid per Ross's criteria
📚 RECOMMENDED STRATEGIES
GAP AND GO:
• Stock gaps up 10%+ on news
• Enters above gap high with volume
• Targets: 20-50% gains
VWAP BOUNCE:
• Pullback to VWAP support
• Enters on bounce with volume confirmation
• Tight stop below VWAP
HIGH OF DAY BREAKOUT:
• New HOD with volume surge
• Momentum continuation play
• Trail stop as it runs
ABCD PATTERN:
• Classic reversal pattern
• Enters on D-point breakout
• Target: A-B distance from C
⚠️ RISK WARNINGS
• DAY TRADING IS HIGHLY RISKY - Most day traders lose money
• This indicator finds setups - YOUR EXECUTION determines success
• Always use proper risk management (1-2% risk per trade)
• Never trade without stop losses
• Paper trade extensively before using real money
• Past performance does not guarantee future results
🔧 TECHNICAL DETAILS
• Pine Script v6
• Works on any timeframe (calculates daily metrics automatically)
• Compatible with TradingView Free, Pro, Premium
• No repainting - all calculations based on confirmed data
• Efficient code - minimal lag
📊 DATA SOURCES
• Relative Volume: Calculated from 30-day volume average
• Daily %: Previous day's close vs current price
• Float: TradingView's shares_outstanding_float data
• Volume Spike: 20-period volume moving average
🎯 WHO THIS IS FOR
IDEAL FOR:
✅ Day traders focused on momentum strategies
✅ Traders who follow Ross Cameron/Warrior Trading methodology
✅ Small-cap stock traders ($1-$20 range)
✅ Scalpers and swing traders seeking high-volatility setups
NOT IDEAL FOR:
❌ Long-term investors
❌ Large-cap stock traders
❌ Options-only traders
❌ Traders who don't monitor news catalysts
💬 USAGE TIPS
1. COMBINE WITH OTHER TOOLS
• Use alongside your charting/technical analysis
• Verify pattern setups (bull flags, ABCD, etc.)
• Check Level 2 / Time & Sales for confirmation
2. MAINTAIN A WATCHLIST
• Update daily with fresh small-cap movers
• Use Finviz Gap Scanner as starting point
• Focus on sectors with momentum
3. RISK MANAGEMENT IS KEY
• Never risk more than 1-2% per trade
• Use 2:1 minimum profit/loss ratio
• Cut losses quickly, let winners run
• Position size based on volatility (ATR)
4. TRACK YOUR RESULTS
• Keep a trading journal
• Note which setups work best for you
• Refine criteria based on your data
• Continuous improvement mindset
📝 DISCLAIMER
This indicator is for EDUCATIONAL PURPOSES ONLY. It is not investment advice, a recommendation to buy/sell securities, or a guarantee of profits. Trading involves substantial risk of loss. Always:
• Conduct your own research and due diligence
• Consult with a licensed financial advisor
• Never risk money you cannot afford to lose
• Understand that most day traders lose money
• Practice in a simulator before trading real money
The creator of this indicator is not affiliated with Ross Cameron or Warrior Trading. This is an independent implementation of publicly available trading methodology.
📈 SUPPORT & FEEDBACK
If you find this indicator helpful, please:
• Give it a thumbs up 👍
• Leave a comment with your experience
• Share with other momentum traders
• Follow for updates and new indicators
For questions or suggestions, leave a comment below!
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🏆 HAPPY TRADING! Remember: The indicator finds opportunities, but YOUR discipline, risk management, and execution determine your success.
#DayTrading #Momentum #RossCameron #WarriorTrading #SmallCaps #GapAndGo #Scalping #StockScreener
Auto Fibonacci RetraceNOTE: This script is for educational purposes only.
This Pine Script v6 indicator automates the drawing of Fibonacci retracement levels on a TradingView chart based on detected pivot highs and lows. It's designed to identify the most recent swing points in a price trend and plot horizontal lines at standard Fibonacci ratios (0%, 23.6%, 38.2%, 50%, 61.8%, 78.6%, 100%), along with optional labels for each level. The script is useful for traders who want dynamic, hands-free Fib retracements that update as new pivots form, helping to spot potential support/resistance zones without manual intervention.
Key Features
Automatic Pivot Detection: Uses TradingView's built-in ta.pivothigh and ta.pivotlow functions to find recent swing highs and lows. The sensitivity is adjustable via user inputs for "Left Bars" and "Right Bars" (default: 5 each), which define how many bars are checked on either side to confirm a pivot.
Trend Direction Awareness: Determines if the current swing is an uptrend (recent high after low) or downtrend (recent low after high) and orients the Fib levels accordingly—starting from the low in uptrends or high in downtrends.
Dynamic Drawing:
Plots dashed horizontal lines extending to the right of the chart for each Fib level.
Colors are predefined for visual distinction (e.g., blue for 23.6%, orange for 61.8%).
Lines and labels are cleared and redrawn only when a new pivot is detected or on initial load to prevent chart clutter.
Customizable Labels: Optional labels show the percentage (e.g., "61.8%") and can be positioned on the "Left" (at the swing start) or "Right" (pinned to the current bar, updating dynamically). Labels use semi-transparent backgrounds for readability.
Performance Optimizations: Uses arrays to manage lines and labels efficiently, with reverse-indexed loops for safe deletion. The max_bars_back=500 ensures it handles historical data without excessive computation.
User Inputs:
Left/Right Bars: Tune pivot detection (higher values for major trends, lower for shorter swings).
Show Fib Levels/Labels: Toggle visibility.
Label Position: "Left" or "Right" for placement flexibility.
Usage Instructions
Adding to Chart: Copy-paste into TradingView's Pine Editor, save as a new indicator, and add it to your chart via the "Indicators" menu.
Customization: Adjust inputs in the indicator settings panel. For example, set Left/Right Bars to 10 for daily charts in strong trends.
Best Practices:
Use on trending markets (e.g., stocks, forex, crypto like BTC/USD); avoid choppy sideways action.
Combine with other indicators (e.g., RSI for overbought/oversold confirmation) for better trade signals.
Test on historical data—zoom out to see how it redraws on past swings.
Limitations: Relies on pivot functions, so it may lag slightly (pivots confirm after "Right Bars"). Not a trading strategy—use for analysis only. No alerts built-in, but you can add alertcondition if extending it.
Potential Enhancements: Add extensions (e.g., 161.8%), user-defined levels, or alerts on price touches via simple modifications.
This script provides a clean, efficient way to visualize Fib retracements automatically, saving time compared to manual drawing. If you need further tweaks or integration into a full strategy, let me know!
MACD Remastered [CHE]MACD Remastered — Robust MACD with confirmed pivot-based divergence, optional signal bands, and ready-to-use alerts.
Summary
This indicator augments classic MACD with a robust, confirmed pivot-based divergence engine and an optional signal channel using Bollinger Bands. Divergence signals are only produced after a pivot is confirmed, which reduces noise from transient swings. A line-of-sight clearance check filters cases where the MACD histogram path contradicts the divergence, further cutting false flags. Histogram coloring clarifies momentum changes, while optional triangles project the same signals onto the main chart for quick context.
Motivation: Why this design?
Standard MACD divergence tools tend to fire early in volatile phases and flip during consolidation. The core idea here is to delay decision points until a pivot is confirmed and to validate the path between pivots. This addresses fake flips and improves signal credibility at the cost of some latency. Optional bands around the Signal line add context about compression and expansion without altering MACD’s core behavior.
What’s different vs. standard approaches?
Reference baseline: Classical MACD (fast and slow moving averages, Signal line, histogram) with simple divergence checks.
Architecture differences:
Confirmed pivot logic with left and right bars.
Line-of-sight clearance test across the histogram path between pivots.
Optional Signal-line Bollinger Bands with configurable length and width.
Composite “Any Divergence” alert plus separate regular and hidden alerts.
Optional main-chart triangles using forced overlay for at-a-glance context.
Practical effect: Fewer early or contradictory divergence signals, clearer momentum context via histogram colors and a visible Signal channel during compression and expansion.
How it works (technical)
The MACD line derives from a fast and a slow moving average on a chosen source. The Signal line smooths the MACD line using a selected moving average type and length. The histogram is the difference between MACD and Signal and is colored by direction and acceleration.
Divergence uses confirmed pivots: a pivot forms only after a set number of bars on the right side, so the event is locked in. The engine retrieves the last two relevant pivots and checks price movement versus the MACD histogram movement to classify regular or hidden divergence. A line-of-sight clearance routine traverses the histogram path between the two pivots and rejects the signal if the path invalidates the directional relationship. When enabled, Bollinger Bands are plotted around the Signal line; width scales with standard deviation. Programmatic alerts fire only on confirmed bars. No higher-timeframe requests are used.
Parameter Guide
Oscillator MA Type — Sets fast and slow MA family for MACD. Default: EMA. Tip: EMA is more responsive; SMA is steadier.
Fast Length — Fast MA period. Default: 12. Trade-off: Shorter is quicker but noisier.
Slow Length — Slow MA period. Default: 26. Trade-off: Longer reduces noise but adds lag.
Source — Price input. Default: Close. Tip: Use a stable source for consistency.
Signal MA Type — Moving average family for Signal. Default: EMA.
Signal Length — Smoothing of MACD into Signal. Default: 9. Trade-off: Longer smooths more, reacts slower.
Calculate Divergence — Enables divergence engine. Default: True.
Enable Bollinger Bands on Signal — Adds bands around Signal. Default: False.
BB Length — Sampling window for bands. Default: 20. Active: Only when bands are enabled.
BB StdDev — Band width in standard deviations. Default: 2.0. Bounds: between about zero point zero zero one and fifty.
Pivot Left / Pivot Right — Bars to the left and right that define a confirmed pivot. Default: five and five. Trade-off: Larger values mean stronger but slower pivots.
Min / Max Bars Between Pivots — Valid window between two pivots. Default: five and sixty. Tip: Increase minimum to reduce micro-divergences.
Detect Hidden — Include hidden divergence. Default: True.
Draw Lines — Draw connector lines on the MACD pane. Default: True.
Alerts: Enable / Regular / Hidden / Frequency / Prefix — Control alert emission, categories, cadence, and label. Defaults: Enabled, both categories on, once per bar close, prefix “MACD RM”.
Reading & Interpretation
Histogram: Columns above zero reflect positive momentum; below zero reflect negative momentum. Color shifts indicate momentum increasing or decreasing within each side.
MACD and Signal: Crosses and distance indicate momentum shifts and strength. When bands are enabled, touches and departures hint at compression and expansion around the Signal.
Divergence: Solid green lines and labels indicate regular bullish; solid red indicate regular bearish. Dashed teal and dashed orange denote hidden bullish and hidden bearish. Triangles on the main chart mirror these events for quicker visibility.
Practical Workflows & Combinations
Trend following: Use histogram color transitions with a structure filter such as higher highs and higher lows for long bias, or lower highs and lower lows for short bias. Divergence against the prevailing structure suggests caution or partial exits.
Exits and risk: In a long, regular bearish divergence near resistance can justify scaling out or tightening stops. Hidden divergence in the trend direction can support continuation but should not replace risk controls.
Multi-asset / Multi-timeframe: Works across liquid futures, forex, indices, and large-cap equities. Start with defaults on four-hour and daily; shorten lengths on intraday only when liquidity is strong.
Behavior, Constraints & Performance
Repaint and confirmation: Signals are anchored only after the right-side pivot bars complete; alerts trigger on confirmed bars. This intentionally adds latency to reduce noise.
No higher-timeframe requests: No `security` calls are used; repaint risk is primarily tied to live bars before confirmation.
Resources: Declared `max_bars_back` is five hundred. The divergence path check iterates between pivots, bounded by the maximum bars parameter. Line objects may accumulate; limits are set for lines and labels.
Known limits: Latency at sharp turns, potential misses during fast single-bar reversals, and sensitivity to extremely choppy sessions if minimum gap between pivots is set too low.
Sensible Defaults & Quick Tunin g
Starting point: EMA, twelve and twenty-six with Signal nine; pivots five and five; minimum five, maximum sixty; alerts on close; bands off.
Too many flips: Increase Signal length, raise pivot counts, and increase minimum bars between pivots. Consider disabling hidden divergence.
Too sluggish: Reduce pivot counts, lower Signal length, and enable bands to visualize early compression.
Cluttered chart: Keep lines off and rely on labels and main-chart triangles. Use the alert prefix to route events cleanly.
What this indicator is—and isn’t
This is a visualization and signal layer for MACD with confirmed, path-checked divergence and optional Signal bands. It is not a trading system, not predictive, and not a position management framework. Use it together with structure analysis, liquidity context, and explicit risk controls.
Disclaimer
The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context.
Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved.
By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk.
Do not use this indicator on Heikin-Ashi, Renko, Kagi, Point-and-Figure, or Range charts, as these chart types can produce unrealistic results for signal markers and alerts.
Best regards and happy trading
Chervolino
Iron Condor & Butterfly VisualizerIt helps you visualize and manage your option spread by:
Plotting strike prices and breakeven lines directly on the chart.
Showing profit/loss zones, adjustment zones, and alerts when price nears critical levels.
Calculating risk/reward, probability of profit, theta decay, IV condition, and trade score.
🎯 2. Inputs & Configuration
You input your trade details as a comma-separated string:
For an Iron Condor
ShortCall, LongCall, ShortPut, LongPut, Credit, Contracts, Target%
Example: 626,628,620,618,1.20,1,30
For a Butterfly Spread
LowerWing, Body, UpperWing, Debit, Contracts, Target%
Example: 600,620,640,2.50,2,50
The indicator automatically parses this and knows which strategy type you selected.
You can also control:
Visuals (profit zones, breakevens, labels)
Risk (stop loss %, adjustment zones)
Account/risk sizing
Market conditions (IV Rank, current IV, DTE)
⚙️ 3. Data Parsing & Strategy Recognition
The code reads your pasted string, splits it by commas, and determines:
Which strikes are short vs long (or wings/body for Butterfly)
Whether the strategy is credit (Iron Condor) or debit (Butterfly)
Calculates net credit/debit, contract size, and profit target
📈 4. Profit/Loss Calculations
It dynamically calculates:
Max Profit
Iron Condor: net credit × 100 × contracts
Butterfly: (wing width − debit) × 100 × contracts
Max Loss
Iron Condor: difference between strikes minus credit
Butterfly: debit × 100 × contracts
Breakeven points
Iron Condor: short strikes ± net credit
Butterfly: body ± debit
Current P&L relative to the live price (close).
⚖️ 5. Risk & Position Sizing
It checks:
Stop-loss trigger (% of max loss)
Adjustment alert if price nears short strikes
Recommended contract size based on account size and % risk per trade
Actual % of account at risk
⏱️ 6. Time Decay & IV Analysis
If you input days to expiration, it shows:
Theta (approx daily time decay)
Decay progress bar (% of 30-day cycle)
IV condition:
Green: favorable (>50 IV Rank)
Yellow: neutral (30–50)
Red: poor (<30)
🧮 7. Trade Scoring
It gives a Trade Score (0–100) based on:
IV Rank (favorable market)
Risk/Reward ratio
Probability of profit
Default 20 baseline points
This helps gauge whether the setup is statistically attractive.
🧠 8. Visualizations
When the indicator runs, it draws on your chart:
Lines
Red = short strikes
Orange dashed = long strikes
Yellow dotted = breakeven levels
Boxes
Green = profit zone
Orange shaded = adjustment zones (approaching danger)
Labels (optional)
Strike labels (call/put prices)
Info box summarizing:
Profit, loss, risk/reward
Breakevens, theta, target, gamma risk flag
🚨 9. Alerts
The script triggers TradingView alerts when:
Price nears call or put adjustment zones
Profit target is hit
Stop loss is hit
These help you manage the trade without constant monitoring.
🧭 10. In Practice
You’d:
Copy the option strikes and trade details from your broker or analyzer.
Paste them into 📋 PASTE YOUR TRADE DATA HERE.
The indicator plots:
Profit/loss region
Adjustment warnings
Key metrics
Alerts if your trade is in danger or near target.
