Smart Money Volume Activity [AlgoAlpha]🟠 OVERVIEW
This tool visualizes how Smart Money and Retail participants behave through lower-timeframe volume analysis. It detects volume spikes far beyond normal activity, classifies them as institutional or retail, and projects those zones as reactive levels. The script updates dynamically with each bar, showing when large players enter while tracking whether those events remain profitable. Each event is drawn as a horizontal line with bubble markers and summarized in a live P/L table comparing Smart Money versus Retail.
🟠 CONCEPTS
The core logic uses Z-score normalization on lower-timeframe volumes (like 5m inside a 1h chart). This lets the script detect statistically extreme bursts of buying or selling activity. It classifies each detected event as:
Smart Money — volume inside the candle body (suggesting hidden accumulation or distribution)
Retail — volume closing at bar extremes (suggesting chase entries or panic exits)
When new events appear, the script plots them as horizontal levels that persist until price interacts again. Each level acts as a potential reaction zone or liquidity footprint. The integrated P/L table then measures which class (Retail or Smart Money) is currently “winning” — comparing cumulative profitable versus losing volume.
🟠 FEATURES
Classifies flows into Smart Money or Retail based on candle-body context.
Displays live P/L comparison table for Smart vs Retail performance.
Alerts for each detected Smart or Retail buy/sell event.
🟠 USAGE
Setup : Add the script to any chart. Set Lower Timeframe Value (e.g., “5” for 5m) smaller than your main chart timeframe. The Period input controls how many bars are analyzed for the Z-score baseline. The Threshold (|Z|) decides how extreme a volume must be to plot a level.
Read the chart : Horizontal lines mark where heavy Smart or Retail volume occurred. Bright bubbles show the strongest events — their size reflects Z-score intensity. The on-chart table updates live: green cells show profitable flows, red cells show losing flows. A dominant green Smart Money row suggests institutions are currently controlling price.
See what others are doing :
Settings that matter : Raising Threshold (|Z|) filters noise, showing only large players. Increasing Period smooths results but reacts slower to new bursts. Use Show = “Both” for full comparison or isolate “Smart Money” / “Retail” to focus on one class.
Wyszukaj w skryptach "horizontal line"
High Time Frame (HTF) Swing PointsIdentify and display swing highs and lows across multiple higher timeframes on a chart, overlaying horizontal lines and customizable labels at these swing points.
Timeframes
Five user-defined higher timeframes (default settings: 5-minute, 15-minute, 1-hour, 4-hour, and daily)
Manually show/hide individual timeframes
When chart’s timeframe is set higher than one of the five configured, the indicator will automatically hide it. This helps to prevent clutter when navigating between timeframes on the chart
Swing Levels
Configure the line color, opacity, width and weather it’s solid/dotted/dashed
Once swing levels are identified, the indicator will look for the chart candle where the line starts
When price crosses the swing level, the line will be terminated
Tags
Customize the tag text for each individual timeframe, using blank if a tag is not desired for that timeframe
A tag text color can be set for all tags or base it on the line color
Set tag text size based on: Auto, Tiny, Small, Normal, Large
Choose how far to the right of the line the tag text should appear, as an integer representing the size of a candle
Choose to clear the tag or leave it in place after price crosses a swing level
Use Cases
Visualize key swing points from higher timeframes to identify potential reversal or breakout zones
Identify possible low resistance liquidity run (LRLR) areas
Use swing points for stop placement or as targets or draws on liquidity
TTM Squeeze Range Lines (with Forward Extension) By Gautam KumarThis TTM Squeeze Range Lines script helps visualize breakout levels by marking the recent squeeze’s high and low, making it easier to identify potential trade setups. Each signal line is extended for visibility, showing possible entry levels after a squeeze.
Interpreting the LinesLight blue background marks periods when the TTM squeeze is active (tight volatility).
Green line is drawn at the highest price during the squeeze, extended forward—this is commonly used as the breakout level for long entries.
Red line shows the lowest price during the squeeze, indicating the bottom of the range—potential stop loss positioning or an invalidation level.
When the squeeze background disappears, the horizontal lines will have just appeared and extended forward for several bars after the squeeze ends.
If the price breaks above the green line (the squeeze high), it signals a possible momentum breakout, which traders often use as a long entry.
The red line can be used for placing stop losses or monitoring failed breakouts if price falls below this level.
Best Practices
Combine these levels with volume and momentum confirmation for strong entries.
Adjust the extension length (number of bars forward) from the settings menu to fit your preference.
For systematic trading, use these breakout signals alongside chart pattern or histogram confirmation.
This makes it easy to visualize strong entry zones based on the end of squeeze compression, supporting both discretionary and automated swing trading approaches
RSI Trendlines and Divergences█OVERVIEW
The "RSI Trendlines and Divergences" indicator is an advanced technical analysis tool that leverages the Relative Strength Index (RSI) to draw trendlines and detect divergences. Designed for traders seeking precise market signals, the indicator identifies key pivot points on the RSI chart, draws trendlines between pivots, and detects bullish and bearish divergences. It offers flexible settings, background coloring for breakout signals, and divergence labels, supported by alerts for key events. The indicator is universal and works across all markets (stocks, forex, cryptocurrencies) and timeframes.
█CONCEPTS
The indicator was developed to provide an alternative signal source for the RSI oscillator. Trendline breakouts and bounces off trendlines offer a broader perspective on potential price behavior. Combining these with traditional RSI signal interpretation can serve as a foundation for creating various trading strategies.
█FEATURES
- RSI and Pivot Calculation: Calculates RSI based on the selected source price (default: close) with a customizable period (default: 14). Identifies pivot points on RSI and price for trendlines and divergences.
- RSI Trendlines: Draws trendlines connecting RSI pivots (upper for downtrends, lower for uptrends) with optional extension (default: 30 bars). The trendline appears and generates a signal only after the first RSI crossover. Lines are colored (red for upper, green for lower).
- Trendline Fill: Widens the trendline with a tolerance margin expressed in RSI points, reducing signal noise and visually highlighting trend zones. Breaking this zone is a condition for generating signals, minimizing false signals. The tolerance margin can be increased or decreased.
- Divergence Detection: Identifies bullish and bearish divergences based on RSI and price pivots, displaying labels (“Bull” for bullish, “Bear” for bearish) with adjustable transparency. Divergence labels appear with a delay equal to the specified pivot length (default: 5). Higher values yield stronger signals but with greater delay.
- Breakout Signals: Generates signals when RSI crosses the trendline (bullish for upper lines, bearish for lower lines), with background coloring for signal confirmation.
- Alerts: Built-in alerts for:
Detection of bullish and bearish divergences.
Upper trendline crossover (bullish signal).
Lower trendline crossover (bearish signal).
- Customization: Allows adjustment of RSI length, pivot settings, line colors, fills, labels, and transparency of signals and background.
█HOW TO USE
Add the indicator to your TradingView chart via the Pine Editor or Indicators menu.
Configuring Settings.
RSI Settings
- RSI Length: Period for RSI calculation (default: 14).
- SMA Length: Period for RSI moving average (default: 9).
- Source: Source price for RSI (default: close).
Pivot Settings for Trend
- Left Bars for Pivot: Number of bars back for detecting pivots (default: 10).
- Right Bars for Pivot: Number of bars forward for confirming pivots (default: 10).
- Extension after Second Pivot: Number of bars to extend the trendline (default: 30, 0 = none). Extension increases the number of signals, while shortening reduces them.
- Tolerance: Deviation in RSI points to widen the breakout margin, reducing signal noise (default: 3.0).
Divergence Settings
- Enable Divergence Detection: Enables/disables divergence detection (default: enabled).
- Pivot Length for Divergence: Pivot period for divergences (default: 5).
Style Settings
- Upper Trendline Color: Color for downtrend lines (default: red).
- Upper Fill Color: Fill color for upper lines (default: red, transparency 70).
- Lower Trendline Color: Color for uptrend lines (default: green).
- Lower Fill Color: Fill color for lower lines (default: green, transparency 70).
- SMA Color: Color for RSI moving average (default: yellow).
- Bullish Divergence Color: Color for bullish labels (default: green).
- Bearish Divergence Color: Color for bearish labels (default: red).
- Text Color: Color for label text (default: white).
- Divergence Label Transparency: Transparency of labels (0-100, default: 40).
- Signal Background Transparency: Transparency of breakout signal background (0-100, default: 80).
Interpreting Signals
- Trendlines: Upper lines (red) indicate RSI downtrends, lower lines (green) indicate uptrends. The trendline appears and generates a signal only after the first RSI crossover. Trendline breakouts suggest potential trend reversals.
- Divergences: “Bull” labels indicate bullish divergence (potential rise), “Bear” labels indicate bearish divergence (potential decline), with a delay based on pivot length (default: 5). Divergences serve as confirmation or warning of trend reversal, not as standalone signals.
- Signal Background: Green background signals bullish breakouts, red background signals bearish breakouts.
- RSI Levels: Horizontal lines at 70 (overbought), 50 (midline), and 30 (oversold) help assess market zones.
- Alerts: Set up alerts in TradingView for divergences or trendline breakouts.
Combining with Other Tools: Use with support/resistance levels, Fibonacci levels, or other indicators for signal confirmation.
█APPLICATIONS
The "RSI Trendlines and Divergence" indicator is designed to identify trends and potential reversal points, supporting both trend-following and reversal strategies:
- Trend Confirmation: Trendlines indicate the RSI trend direction, with breakouts signaling potential reversals. The indicator is functional in traditional RSI usage, allowing classic RSI interpretation (e.g., returning from overbought/oversold zones). Combining trendline breakouts with RSI signal levels, such as a return from overbought or oversold zones paired with a trendline breakout, strengthens the signal.
- Divergence Detection: Divergences serve as confirmation or warning of trend reversal, not as standalone signals.
█NOTES
- Adjust settings (e.g., RSI length, pivots, tolerance) to suit your trading style and timeframe.
- Combine with other technical analysis tools to enhance signal accuracy.
Level Founder indicatorQuesto strumento, ideato per l'individuazione dei livelli orizzontali sensibili si prepone l'obiettivo di semplificare la lettura tecnica dei grafici. Alla base di questo indicatore c'è il concetto di volatilità, inteso come scontro tra domanda ed offerta, come escursione delle forze nel campo di battaglia fino alla determinazione del prezzo finale di ogni candela. Di fatto, andando a cogliere quella che è la volatilità candela per candela, l'indicatore la calcola in termini assoluti rendendola un numericamente comparabile, in un range tra 0 e 100. Quando questo valore tocca i 100 si genera un picco di volatilità, il quale va ad identificare un punto di attenzione sul grafico di uno strumento. In corrispondenza di questi picchi si osserva dove la battaglia tra compratori e venditori si è conclusa, ovvero dove domanda ed offerta si sono incontrati per definire un prezzo: la chiusura di candela. In corrispondenza di tale prezzo si ha, quindi, un accordo certo tra domanda ed offerta dopo un periodo di contrattazione volatile, andando a certificare quello che è un livello di prezzo "sudato" per un determinato sottostante. Tale soglia si traduce in un livello orizzontale sensibile, che in futuro (avendo il mercato memoria degli scontri passati) potrà comportarsi da supporto o da resistenza, a seconda della situazione. In breve quindi, si traccia una linea orizzontale in corrispondenza delle chiusure di candela che condividono un picco sull'indicatore "Level Founder Indicator". Funziona su ogni time-frame e sottostante.
N.B. A ridosso di questi livelli si possono cercare pattern per l'operatività oppure cercare delle rotture di questi livelli per delle conferme/inversioni, spaziando dal trading intraday all'investimento di lungo periodo.
ENGLISH VERSION:
This tool, designed to identify sensitive horizontal levels, aims to simplify the technical reading of charts. This indicator is based on the concept of volatility, understood as the clash between supply and demand, the oscillation of forces on the battlefield until the final price of each candlestick is determined. By capturing the volatility candlestick by candlestick, the indicator calculates it in absolute terms, making it numerically comparable, within a range between 0 and 100. When this value reaches 100, a volatility spike is generated, which identifies a point of focus on an instrument's chart. At these peaks, we observe where the battle between buyers and sellers has concluded, that is, where supply and demand have met to define a price: the candlestick's close. At this price, therefore, a definite agreement between supply and demand occurs after a period of volatile trading, certifying what is a "hard-earned" price level for a given underlying asset. This threshold translates into a sensitive horizontal level, which in the future (given the market's memory of past clashes) could act as support or resistance, depending on the situation. In short, a horizontal line is drawn at the candlestick closes that share a peak on the "Level Founder Indicator." It works on any timeframe and underlying asset.
N.B.: Near these levels, you can look for trading patterns or look for breakouts of these levels for confirmations/reversals, ranging from intraday trading to long-term investing.
Volume-Weighted RSI & Multi-Normalized MACD### Description for Publishing: Volume-Weighted RSI & Multi-Normalized MACD
**Overview**
The "Volume-Weighted RSI & Multi-Normalized MACD" indicator is a powerful and versatile tool designed for traders seeking enhanced momentum and trend analysis. Combining a volume-weighted Relative Strength Index (VW-RSI) with a customizable Moving Average Convergence Divergence (MACD) featuring multiple normalization methods, this indicator provides deep insights into market dynamics. It supports multi-timeframe (MTF) analysis and includes an optional stepped plotting mode for discrete signal visualization, making it ideal for both trend-following and mean-reversion strategies across various markets (stocks, forex, crypto, etc.).
**Key Features**
1. **Volume-Weighted RSI (VW-RSI)**:
- A modified RSI that incorporates trading volume for greater sensitivity to market activity.
- Normalized to a user-defined range (default: -50 to +50) for consistent analysis.
- Optional smoothing with multiple moving average types (SMA, EMA, WMA, VWMA, SMMA, or SMA with Bollinger Bands) to reduce noise and highlight trends.
- Overbought (+20) and oversold (-20) levels for quick reference.
2. **Multi-Normalized MACD**:
- Offers six normalization methods for MACD, allowing traders to tailor the output to their strategy:
- Normalized Volume Weighted MACD (unbounded).
- Min-Max Normalization (bounded).
- Volatility Normalization (unbounded, volatility-adjusted).
- Volatility Normalization with Min-Max (bounded).
- Hyperbolic Tangent Normalization (bounded).
- Arctangent Normalization (bounded).
- Min-Max with Smoothing (bounded).
- All bounded methods scale to the user-defined range (default: -50 to +50), ensuring comparability with VW-RSI.
- Dynamic color changes for MACD line (lime/red) and histogram (aqua/blue/red/maroon) based on momentum and signal line crosses.
3. **Stepped Plotting Mode**:
- Optional mode to plot RSI and MACD as discrete, stepped lines, reducing noise by only updating when values change significantly (configurable thresholds).
- Ideal for traders focusing on clear, actionable signal changes.
4. **Multi-Timeframe Support**:
- Configurable timeframe input (default: chart timeframe) for analyzing RSI and MACD on higher or lower timeframes, enhancing cross-timeframe strategies.
5. **Customizable Display**:
- Toggle options to show/hide MACD line, signal line, histogram, and cross dots.
- Bollinger Bands for RSI smoothing (optional) with adjustable standard deviation multiplier.
- Clear visual cues with horizontal lines for overbought/oversold levels, midline, and MACD bounds.
**Usage Instructions**
1. **Add to Chart**: Apply the indicator to any symbol (e.g., BTCUSD, SPY) on any timeframe (1H, 1D, etc.).
2. **Configure Settings**:
- **General**: Adjust `Lower Bound` (-50 default) and `Upper Bound` (+50 default) for the output range. Set `Timeframe` for MTF analysis. Enable `Stepped?` for discrete plotting.
- **RSI**: Choose `Price Source` (default: ohlc4), `RSI Length` (default: 9), and smoothing options (e.g., EMA, Bollinger Bands). Adjust `RSI Diff Threshold` for stepped mode.
- **MACD**: Select `Price Source`, `Fast Length` (9), `Slow Length` (21), `Signal Length` (9), and a normalization method (default: Volatility Min-Max). Adjust `MACD Diff Threshold` for stepped mode.
- **Display Options**: Toggle MACD components and histogram colors for clarity.
3. **Interpretation**:
- **VW-RSI**: Watch for crosses above +20 (overbought) or below -20 (oversold) for potential reversals. Use smoothed RSI or Bollinger Bands for trend confirmation.
- **MACD**: Look for MACD/Signal line crosses (dots indicate crossings) and histogram changes for momentum shifts. Bounded normalizations align with RSI for unified analysis.
- **Stepped Mode**: Focus on significant changes in RSI/MACD for clearer signals.
4. **Companion Overlay**: For visualization on the main price chart, use the companion script "VW-RSI & MACD Price Overlay" (available separately, requires this script to be published). It plots RSI and MACD as price-scaled echo lines, with toggles to show/hide and customizable scaling (high/low or ATR).
**Who Is This For?**
- **Trend Traders**: Use MACD normalizations and MTF to identify momentum shifts across timeframes.
- **Mean-Reversion Traders**: Leverage VW-RSI’s overbought/oversold signals for entry/exit points.
- **Technical Analysts**: Customize normalization and smoothing to match specific market conditions.
- **All Markets**: Works on stocks, forex, cryptocurrencies, and more, with any timeframe.
**Notes**
- Unbounded MACD normalizations (`enable_nvw`, `enable_vol`) may produce values outside -50/+50, suitable for volatility-focused strategies.
- For price chart overlay, publish this script and use its ID in the companion script’s `request.security` call.
- Adjust scaling inputs in the companion script for optimal visualization on volatile or stable assets.
**Author’s Note**
Developed by NEPOLIX, this indicator combines volume-weighted precision with flexible normalization for robust technical analysis. Feedback and suggestions are welcome to enhance future versions!
All Levels This script draws key price levels on your chart, including:
• Previous Day (PD): High, Low, Close
• Day Before Yesterday (DBY): High, Low, Close
• Pre-Market (PM): High and Low
• Today’s levels: High, Low, Open, Close
• Current bar levels: High, Low, Open, Close
Each level is displayed as a horizontal line with a label showing the level value.
It works on any timeframe, including 1-minute charts, and automatically updates as new bars form.
⸻
2. Features
1. Custom Colors
Each type of level has its own color, declared as a const color. For example:
• Previous Day High = red
• Today’s Close = gold
• Pre-Market High = fuchsia
2. Right-Extending Lines
All horizontal levels extend to the right, so you always see them on the chart.
3. Persistent Labels
Every line has a label at the right side showing its name and price. For example:
• PDH 422
• TODL 415.5
4. Dynamic Updates
The script updates automatically whenever a new bar forms, so levels stay accurate.
5. Session-Based Pre-Market
You can define the pre-market session (default “04:00–09:30 EST”). The script calculates the high and low of this session only.
6. Checkbox Inputs
You can enable/disable entire groups of levels:
• Previous Day
• Day Before Yesterday
• Pre-Market
• Today
• Current bar
Multi-Timeframe Bias by Atif MuzzammilMulti-Timeframe Bias Indicator
This indicator implements multi TF bias concepts across multiple timeframes simultaneously. It identifies and displays bias levels.
Key Features:
Multi-Timeframe Analysis (Up to 5 Timeframes)
Supports all major timeframes: 5m, 15m, 30m, 1H, 4H, Daily, Weekly, Monthly
Each timeframe displays independently with customisable colors and line weights
Clean visual separation between different timeframe bias levels
ICT Bias Logic
Bearish Bias: Previous period close below the prior period's low
Bullish Bias: Previous period close above the prior period's high
Ranging Bias: Previous period close within the prior period's range
Draws horizontal lines at previous period's high and low levels
Advanced Customisation
Individual enable/disable for each timeframe
Custom colors and line thickness per timeframe
Comprehensive label settings with 4 position options
Adjustable label size, style (background/no background/text only)
Horizontal label positioning (0-100%) for optimal placement
Vertical offset controls for fine-tuning
Smart Detection
Automatic timeframe change detection using multiple methods
Enhanced detection for 4H, Weekly, and Monthly periods
Works correctly when viewing same timeframe as bias timeframe
Proper handling of market session boundaries
Clean Interface
Simple timeframe identification labels
Non-intrusive design that doesn't obstruct price action
Organized settings grouped by function
Debug mode available for troubleshooting
Compatible with all chart timeframes and works on any market that follows standard session timing.
Setup 9/13 Lite — Exhaustion & Reference LevelsWhat it is
A clean, lightweight tool that implements the classic 1–9 setup progression, to-13 exhaustion signal, and bar-#1 reference levels. Built for clarity with minimal chart clutter.
How it works
Setup (1–9):
• Buy side counts bars where Close < Close .
• Sell side counts bars where Close > Close .
• Counter resets on an opposite condition.
• On completion, a triangle marker appears (Buy 9 below bar, Sell 9 above bar).
Reference levels (from bar #1 of a completed setup):
• After a completed Buy setup, draw a horizontal line from the Low of bar #1.
• After a completed Sell setup, draw a horizontal line from the High of bar #1.
• Lines extend to the right and update on new completed setups.
Exhaustion (…to 13):
• Starts on the bar after a completed 9.
• Buy side: increments when Close ≤ Low (or < if “Strict” is on).
• Sell side: increments when Close ≥ High (or > if “Strict” is on).
• Stops when 13 is reached (single circle marker) or when a new opposite 9 appears.
Strict comparisons:
Toggle between strict (<, >) and non-strict (≤, ≥) rules for both parts.
Header panel:
A compact top-right table shows live Setup and Exhaustion counts.
Inputs
Show Setup (1–9)
Show Exhaustion (to 13)
Show reference levels (from bar #1)
Strict comparisons (< /> instead of ≤ / ≥)
Paint bars during Setup
Paint bars during Exhaustion
(Exhaustion tint overrides Setup tint when both are enabled.)
Visual guide
Green triangle below bar = Buy Setup 9
Red triangle above bar = Sell Setup 9
Green circle below bar = Buy Exhaustion 13
Red circle above bar = Sell Exhaustion 13
Green/Red horizontal line = Reference level from bar #1 of the last completed setup
Alerts
Buy Setup 9 completed
Sell Setup 9 completed
Buy Exhaustion reached 13
Sell Exhaustion reached 13
Tip: for fewer false pings, set alerts to “Once per bar close.”
Notes
Works on any symbol/timeframe; higher liquidity improves readings. These signals indicate potential exhaustion/context, not a standalone trading system—combine with trend filters, S/R, and risk management.
Disclaimer
Educational use only. Not financial advice.
50% of Previous 1H Candle (Color Logic)📌 Script Title: 50% Midpoint of Previous 1H Candle (Color Coded)
📝 Description:
This indicator draws a horizontal line at the 50% (midpoint) of the most recently closed 1-hour candle, helping traders visualize intraday support/resistance and sentiment bias.
🔹 Key Features:
Plots the midpoint of the last 1H candle as a horizontal line.
Color-coded line and label:
🟢 Green: Previous candle was bullish
🔴 Red: Previous candle was bearish
⚪ Gray: Neutral (doji or equal open/close)
Displays the exact price level with a floating label.
Works on any lower timeframe chart (e.g., 5m, 15m, 30m).
Automatically updates every hour after the 1H candle closes.
📈 Use Cases:
Trade around the 1H midpoint as a dynamic pivot zone.
Confirm or fade price breakouts/rejections at this level.
Use it with trendlines, supply/demand zones, or VWAP.
🔍 Technical Notes:
The midpoint is calculated using:
Midpoint = (High + Low) / 2
from the most recent closed 1H candle.
Color logic is based on whether the 1H candle closed above or below its open.
🚀 Enhancement Ideas (future updates):
Add optional alerts on cross of the midpoint.
Show multiple historical midpoint levels.
Input toggle to enable/disable color coding.
Whether you’re scalping intraday or watching for reaction zones, this tool gives you a clean, real-time level to anchor your trades around.
Happy trading! 💹
— Built with ❤️ in Pine Script v6
HTF HV Lines + Exceptional + Nearest Breakout (core only)Non-repainting breakout tool that maps high-volume (HV) levels from a higher timeframe (Daily by default) onto any intraday chart. It detects new HV bars only when the higher-timeframe candle closes, then draws persistent horizontal lines at that bar’s high and low. Optionally color “exceptional” volume events. On the trading timeframe, the script watches the nearest HV line and flags breakouts using OHLC quality checks: ATR-scaled close distance, minimum real body, and small opposite wick. Inputs let you cap stored events, tune strictness, ignore stale lines, and manage visual style easily.
MK_OSFT-Multi-Timeframe MA Dashboard & Smart Alerts-v2📊 Multi-Timeframe MA Dashboard & Smart Alerts v2.0
Transform your trading with the ultimate moving average monitoring system that tracks up to 8 different MA configurations across multiple timeframes simultaneously.
🎯 What This Indicator Does
This advanced dashboard eliminates the need to constantly switch between timeframes by displaying all your critical moving averages on a single chart. Whether you're scalping on 5-minute charts or swing trading on daily timeframes, you'll instantly see the big picture.
⭐ Key Features
📈 Multi-Timeframe Moving Averages
Monitor up to **8 different MA configurations** simultaneously
Support for **SMA and EMA** across 6 timeframes (5m, 15m, 1h, 4h, Daily, Weekly)
Each MA fully customizable: length, color, alert settings, and visibility
Smart visual representation with labeled horizontal lines and connecting plots
🚨 Intelligent Alert System
Cross-over/Cross-under alerts for price vs MA interactions
Three alert modes : No alerts, Once only, or Once per bar close
Smart batching system prevents alert spam during volatile periods
Queue management with 3-second delays between alerts for optimal performance
Easy alert reset functionality for "once only" alerts
📊 Real-Time Information Dashboard
Live countdown timers showing time remaining until each timeframe closes
Color-coded progress bars with gradient visualization (green → yellow → orange → red)
Instant cross-over detection with up/down arrow indicators
Price vs MA relationship clearly displayed (above/below coloring)
🎨 Professional Visualization
Anti-overlap technology prevents labels from clustering
Customizable label positioning and sizing options
Drawing order control (larger timeframes first/last)
Connecting lines link current price to MA values
Status line integration for quick value reference
💡 Perfect For
Multi-timeframe traders [/b who need complete market context
Trend followers monitoring key MA levels across timeframes
Breakout traders waiting for price to cross critical moving averages
Risk managers using MAs as dynamic support/resistance levels
Anyone wanting organized, clutter-free MA monitoring
⚙️ Highly Configurable
Moving Average Settings
Individual enable/disable for each of 8 MA slots
Flexible timeframe selection : 5m, 15m, 1h, 4h, Daily, Weekly
MA type choice : SMA or EMA for each configuration
Custom lengths from 1 to any desired period
Color customization for each MA line and label
Alert Management
Per-MA alert configuration : Choose which MAs trigger alerts
Source selection : Current bar vs last confirmed bar calculations
Frequency control : Prevent over-alerting with smart queuing
Reset functionality : Easily reactivate "fired" once-only alerts
Display Options
Table positioning : Top-right, bottom-left, or bottom-right
Label styling : Size, offset, and gap control
Line customization : Width and extension options
Timezone adjustment : Align timestamps with your local time
🔧 Technical Excellence
Optimized performance with efficient array management and single-pass calculations
Real-time vs historical mode handling for accurate backtesting
Memory-efficient label and line management prevents accumulation
Robust error handling and edge case management
Clean, well-documented code following Pine Script best practices
📋 How to Use
Add to chart and configure your desired MA combinations
Set alert preferences for each MA (none/once/per bar)
Create TradingView alert using "Any alert() function calls"
Monitor the dashboard for cross-over signals and timeframe progress
Use the info table to track all MA values and alert statuses at a glance
🎓 Educational Value
This indicator serves as an excellent educational tool for understanding:
Multi-timeframe analysis principles
Moving average confluence and divergence
Alert system design and management
Professional indicator development techniques
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Transform your trading workflow with this professional-grade multi-timeframe MA monitoring system. No more chart hopping - get the complete moving average picture in one powerful dashboard!
© MK_OSF_TRADING | Pine Script v6 | Mozilla Public License 2.0
Offset Strike LinesOffset Strike Lines (OSL) is a tool designed to plot strike-based grid levels by offsetting one symbol against another. It compares two instruments (for example, futures vs. index) and projects evenly spaced horizontal lines above and below a calculated reference price. Each line is annotated with the adjusted counter-symbol price, making it easy to visualize relative levels across markets. Customization options include interval size, number of lines, text size, line and text colors — giving traders a clear, flexible framework for mapping out strike zones and price relationships.
Trading Macro Windows by BW v2
Trading Macros by BW: Integrating ICT Concepts for Session Analysis
This indicator combines two key Inner Circle Trader (ICT) concepts—Change in State of Delivery (CISD) or Inverted Fair Value Gap (IFVG) signals with Macro Time Windows—to provide a unified tool for analyzing intraday price action, particularly during Pacific Time (PT) sessions. Rather than simply merging existing scripts, this integration creates a cohesive visual framework that highlights how macro consolidation periods interact with potential reversal or continuation signals like CISD or IFVG. By overlaying macro candle styling and borders on the chart alongside selectable signal lines, traders can better contextualize setups within ICT's macro narrative, where price often manipulates liquidity during these windows before displacing toward higher-timeframe objectives.
Core Components and How They Work Together:
Macro Time Windows (Inspired by ICT's Macro Periods):
ICT emphasizes "macro" as 30-minute windows (e.g., 06:45–07:15 PT, 07:45–08:15 PT, up to 11:45–12:15 PT) where price tends to consolidate, sweep liquidity, or form key structures like Fair Value Gaps (FVGs). These periods set the stage for the session's directional bias.
The indicator styles candles within these windows using a user-defined color for wicks, borders, and bodies (translucent for visibility). This visual emphasis helps traders focus on activity inside macros, where reversals or continuations often originate.
Borders are drawn as vertical lines at the start and end of each window (with a +5 minute buffer to capture related activity), using a dotted style by default. This creates a "study zone" that encapsulates macro events, allowing traders to assess if price is respecting or violating these zones in alignment with broader ICT models like the Power of 3 (AMD cycle).
Toggle: "Macro Candles Enabled" (default: true) – Turn off to disable styling and borders if focusing solely on signals.
CISD or IFVG Signals (Selectable Mode):
Mode Selection: Choose between "Change in the State of Delivery" (CISD) or "IFVG" (default: IFVG). Both detect shifts in market delivery during specific 30-minute slices (15–45 or 17–45 minutes past the hour in PT sessions).
CISD Mode: Based on ICT's definition of a sudden directional shift, this identifies aggressive displacements after sweeping recent highs/lows. It uses a rolling reference high/low over 6 bars, checks for sweeps (penetrating by at least 2 ticks in the last 2-3 bars), reclamation (closing beyond the reference with at least 50% body), and displacement (50% of prior range or an immediate FVG of 6+ ticks). Signals plot a horizontal line from the close, extending 24 bars right, labeled "CISD."
IFVG Mode: Focuses on Inverted Fair Value Gaps, where a bullish FVG (low > high by 13+ ticks) forms but is inverted (closed below) in the same slice, signaling bearish intent (or vice versa). This targets violations against opposing liquidity, often leading to raids on external ranges. Signals plot similarly, labeled "IFVG."
Shared Logic: Both modes enforce a 55-bar cooldown to prevent clustering, operate only during PT sessions (06:30–13:00), and use tick-based thresholds for precision across instruments. The integration with macros allows traders to see if signals occur within or at the edges of macro windows, enhancing confirmation—for example, a CISD inside a macro might indicate a manipulated reversal toward the session's true objective.
Toggle: "Signals Enabled" (default: true) – Turn off to hide all signal lines and labels, isolating the macro visualization.
How Components Interact:
Macro windows provide the "narrative context" (consolidation/manipulation), while CISD/IFVG signals detect the "delivery shift" (displacement). Together, they form a mashup that justifies publication: isolated signals can be noisy, but when filtered by macro periods, they align with ICT's session model. For instance, an IFVG inversion during a macro might confirm a liquidity sweep before targeting PD arrays or order blocks.
No external dependencies; all calculations are self-contained using Pine's built-in functions like ta.highest/lowest for references and time-based sessions for windows.
Usage Guidelines:
Apply to intraday charts (e.g., 1-5 min) or stocks during PT hours.
Look for confluence: A bull IFVG signal post-macro low sweep might target the next macro high or daily bias.
Customize colors/styles for signals (solid/dashed/dotted lines) and macros to suit your chart.
Backtest in replay mode to observe how macros frame signals—e.g., price often respects macro borders as S/R.
Limitations: Timezone-fixed to PT (America/Los_Angeles); signals are directional hints, not trade entries. Combine with ICT tools like order blocks or liquidity pools for full setups.
This script draws from community ICT implementations but refines them into a single, purpose-built tool for macro-driven trading, reducing chart clutter while emphasizing interconnected concepts. Feedback welcome!
Wickless Tap Signals Wickless Tap Signals — TradingView Indicator (v6)
A precision signal-only tool that marks BUY/SELL events when price “retests” the base of a very strong impulse candle (no wick on the retest side) in the direction of trend.
What it does (in plain English)
Finds powerful impulse candles:
Bull case: a green candle with no lower wick (its open ≈ low).
Bear case: a red candle with no upper wick (its open ≈ high).
Confirms trend with an EMA filter:
Only looks for bullish bases while price is above the EMA.
Only looks for bearish bases while price is below the EMA.
Waits for the retest (“tap”):
Later, if price revisits the base of that wickless candle
Bullish: taps the candle’s low/open → BUY signal
Bearish: taps the candle’s high/open → SELL signal
Optional level “consumption” so each base can trigger one signal, not many.
The idea: a wickless impulse often marks strong initiative order flow. The first retest of that base frequently acts as a springboard (bull) or ceiling (bear).
Exact rules (formal)
Let tick = syminfo.mintick, tol = tapTicks * tick.
Trend filter
inUp = close > EMA(lenEMA)
inDn = close < EMA(lenEMA)
Wickless impulse candles (confirmed on bar close)
Bullish wickless: close > open and abs(low - open) ≤ tol
Bearish wickless: close < open and abs(high - open) ≤ tol
When such a candle closes with trend alignment:
Store bullTapLevel = low (for bull case) and its bar index.
Store bearTapLevel = high (for bear case) and its bar index.
Signals (must happen on a later bar than the origin)
BUY: low ≤ bullTapLevel + tol and inUp and bar_index > bullBarIdx
SELL: high ≥ bearTapLevel - tol and inDn and bar_index > bearBarIdx
One-shot option
If enabled, once a signal fires, the stored level is cleared so it won’t trigger again.
Inputs (Settings)
Trend EMA Length (lenEMA): Default 200.
Use 50–100 for intraday, 200 for swing/position.
Tap Tolerance (ticks) (tapTicks): Default 1.
Helps account for tiny feed discrepancies. Set 0 for strict equality.
One Signal per Level (oneShot): Default ON.
If OFF, multiple taps can create multiple signals.
Plot Tap Levels (plotLevels): Draws horizontal lines at active bases.
Show Pattern Labels (showLabels): Marks the origin wickless candles.
Plots & Visuals
EMA trend line for context.
Tap Levels:
Green line at bullish base (origin candle’s low/open).
Red line at bearish base (origin candle’s high/open).
Signals:
BUY: triangle-up below the bar on the tap.
SELL: triangle-down above the bar on the tap.
Labels (optional):
Marks the original wickless impulse candle that created each level.
Alerts
Two alert conditions are built in:
“BUY Signal” — fires when a bullish tap occurs.
“SELL Signal” — fires when a bearish tap occurs.
How to set:
Add the indicator to your chart.
Click Alerts (⏰) → Condition = this indicator.
Choose BUY Signal or SELL Signal.
Set your alert frequency and delivery method.
Recommended usage
Timeframes: Works on any; start with 5–15m intraday, or 1H–1D for swing.
Markets: Equities, futures, FX, crypto. For thin/illiquid assets, consider a slightly larger Tap Tolerance.
Confluence ideas (optional, but helpful):
Higher-timeframe trend agreeing with your chart timeframe.
Volume surge on the origin wickless candle.
S/R, order blocks, or SMC structures near the tap level.
Avoid major news moments when slippage is high.
No-repaint behavior
Origin patterns are detected only on bar close (barstate.isconfirmed), so bases are created with confirmed data.
Signals come after the origin bar, on subsequent taps.
There is no lookahead; lines and shapes reflect information known at the time.
(As with all real-time indicators, an intrabar tap can trigger an alert during the live bar; the signal then remains if that condition held at bar close.)
Known limitations & design choices
Single active level per side: The script tracks only the most recent bullish base and most recent bearish base.
Want a queue of multiple simultaneous bases? That’s possible with arrays; ask and we’ll extend it.
Heikin Ashi / non-standard candles: Wick definitions change; for consistent behavior use regular OHLC candles.
Gaps: On large gaps, taps can occur instantly at the open. Consider one-shot ON to avoid rapid repeats.
This is an indicator, not a strategy: It does not place trades or compute PnL. For backtesting, we can convert it into a strategy with SL/TP logic (ATR or structure-based).
Practical tips
Tap Tolerance:
If you miss obvious taps by a hair, increase to 1–2 ticks.
For FX/crypto with tiny ticks, even 0 or 1 is often enough.
EMA length:
Shorten for faster signals; lengthen for cleaner trend selection.
Risk management (manual suggestion):
For BUY signals, consider a stop slightly below the tap level (or ATR-based).
For SELL signals, consider a stop slightly above the tap level.
Scale out or trail using structure or ATR.
Quick checklist
✅ Price above EMA → watch for a green no-lower-wick candle → store its low → BUY on tap.
✅ Price below EMA → watch for a red no-upper-wick candle → store its high → SELL on tap.
✅ Use Tap Tolerance to avoid missing precise touches by one tick.
✅ Consider One Signal per Level to keep trades uncluttered.
FAQ
Q: Why did I not get a signal even though price touched the level?
A: Check Tap Tolerance (maybe too strict), trend alignment at the tap bar, and that the tap happened after the origin candle. Also confirm you’re on regular candles.
Q: Can I see multiple bases at once?
A: This version tracks the latest bull and bear bases. We can extend to arrays to keep N recent bases per side.
Q: Will it repaint?
A: No. Bases form on confirmed closes, and signals only on later bars.
Q: Can I backtest it?
A: This is a study. Ask for the strategy variant and we’ll add entries, exits, SL/TP, and stats.
First Candle ChannelTo create a price channel on the 15-minute timeframe based on the first candle's highest and lowest points, follow these steps:
Identify the first 15-minute candle of the trading session or your observation period.
Note the high and low prices of this first candle.
Draw two horizontal lines on the chart:
The upper line at the highest price of the first candle.
The lower line at the lowest price of the first candle.
These two lines form the channel boundaries for subsequent price action.
You can use this channel to observe price movement, noting when price breaks above (bullish breakout) or below (bearish breakdown) the channel formed by the first candle.
This method creates a simple visual range reference based on the initial price movement of the session or period, often used to gauge early strength or rarity of breakout events.
Prev D/W/M + Asia & London Levels [Oeditrades]Prev D/W/M + Asia & London Levels
Author: Oeditrades
Platform: Pine Script® v6
What it does
Plots only the most recent, fully completed:
Previous Day / Week / Month highs & lows
Asia and London session highs & lows
Levels are drawn as true horizontal lines from the period/session start and extended to the right for easy confluence reading. The script is non-repainting.
How it works
Prev Day/Week/Month: Uses completed HTF candles (high / low ) so values are fixed for the entire next period.
Sessions (NY time): Asia (default 20:00–03:00) and London (default 03:00–08:00) are tracked in America/New_York time. High/low are locked when the session ends, and the line is anchored at that session’s start.
Inputs & customization
Visibility: toggle Previous Day/Week/Month, Asia, London, and labels.
Colors: highs default red; lows default green (user-configurable). Session highs default pink, lows aqua (also editable).
Style: line style (solid/dotted/dashed) and width.
Sessions: editable time windows for Asia and London (still interpreted in New York time).
Disclaimer: optional on-chart disclaimer panel with editable text.
Notes
Works on any timeframe. For intraday charts, the HTF values remain constant until the next HTF bar completes.
If your market’s overnight hours differ, simply adjust the session windows in Inputs.
Lines intentionally show only the latest completed period/session to keep charts clean.
Use cases
Quick view of PDH/PDL, PWH/PWL, PMH/PML for bias and liquidity.
Intraday planning around Asia/London range breaks, retests, and overlaps with prior levels.
Disclaimer
This tool is for educational purposes only and is not financial advice. Markets involve risk; past performance does not guarantee future results.
Wickless Precision IndicatorThe Wickless Precision Indicator is a powerful tool designed to identify and highlight wickless and tailless candlestick patterns on your TradingView charts. A wickless candle, where the open or close price equals the high or low, signals strong directional momentum and potential support or resistance levels. This indicator automatically detects these unique candles, drawing customizable horizontal lines at their key price levels to help traders spot critical zones for entries, exits, or reversals.
Key Features:
Automatic Wickless Detection: Identifies bullish (no lower wick) and bearish (no upper wick) candles with precision.
Dynamic Line Plotting: Draws horizontal lines at the high or low of wickless candles, extending until price interaction or user-defined conditions.
Customizable Settings: Adjust line styles, colors, and sensitivity thresholds to suit your trading style.
Visual Markers: Highlights wickless candles with distinct shapes (e.g., triangles or crosses) for easy identification.
Alert Integration: Set real-time alerts to stay notified when wickless candles form, ensuring you never miss a potential trading opportunity.
Use Cases:
Pinpoint strong support/resistance zones where price rejection is evident.
Identify high-probability entry or exit points based on momentum-driven candles.
Enhance price action strategies with clear visual cues for market sentiment shifts.
Perfect for traders seeking to capitalize on clean, wickless price movements, the Wickless Precision Indicator simplifies technical analysis and boosts trading confidence.
VHX EMA 135/315📈 EMA 135/315 Cross Strategy – Your Trend Compass with Smart Confirmations
🔍 Core Idea
The EMA 135/315 Cross strategy is a trend-following system.
It tracks two moving averages:
EMA 135 → the “fast” line that reacts to short-term price moves
EMA 315 → the “slow” line that reacts to the bigger trend
When the fast EMA crosses above the slow EMA → market momentum is turning up → BUY signal 🟢
When the fast EMA crosses below the slow EMA → momentum is turning down → SELL signal 🔴
This gives you a clear entry trigger — no guessing, no overcomplication.
✨ On Your Chart
BUY/SELL Arrows
🟢 Green arrow = bullish cross → trend turning up
🔴 Red arrow = bearish cross → trend turning down
Trend Info Panel (Top Left)
Current Trend: BUY / SELL / Neutral
Last Cross: how many bars ago it happened
EMA Gap in %: measures the strength of the trend
Status: “Approaching” if EMAs are getting close → possible cross soon
Automatic TP/SL Levels
📈 TP line (+2% from entry)
📉 SL line (–0.5% from entry)
Saves time — you instantly see your target and protection
EMA Distance Meter
Big % gap = strong trend momentum 🚀
Small % gap = weak or sideways market ⚠️
Real-Time Alerts
You get notified when a cross happens, even if you’re away from the screen
🧠 The Logic Behind It
The EMA 135 reacts faster → it reflects short-term momentum
The EMA 315 moves slower → it reflects the main trend
When the fast EMA overtakes the slow EMA: short-term strength now aligns with the long-term trend → higher probability of a sustained move
The gap % tells you how strong the alignment is — large gap = cleaner moves, small gap = market in transition
“Approaching” status warns that the EMAs are converging, which often happens before a reversal
📊 Boosting the Strategy with Volume Analysis
The EMA cross is a strong trigger, but volume confirms the quality of the move:
High Volume + Cross → more reliable signal, as strong market participation is pushing the trend
Low Volume + Cross → caution, the move might be weak or a false breakout
💡 Tip:
Check the volume histogram or a volume-based indicator (e.g., Volume Profile, OBV).
On a BUY signal: volume should spike above the recent average.
On a SELL signal: watch for strong selling volume bars.
📍 Adding Support & Resistance for Precision
Support and resistance levels help filter out bad trades and optimize entries:
Best BUY setups:
EMA 135 crosses above EMA 315 near a known support zone
Bonus if volume confirms the move
Avoid buying directly into a strong resistance
Best SELL setups:
EMA 135 crosses below EMA 315 near a known resistance zone
Bonus if selling volume is strong
Avoid selling directly into a major support
💡 Use tools like horizontal lines, previous highs/lows, and Volume Profile nodes to spot these zones.
📈 Best Usage Practices
Timeframes
Lower timeframes (1m–5m) → more signals, but more noise → best for scalping with extra filters
Always Combine With Confirmation
EMA Cross = Trigger
Volume spike = Confirmation
S/R zone in your favor = High-probability setup
Manage Risk
Start with the built-in TP/SL
Adjust SL if volatility is higher than usual
Consider trailing stop once price moves in your favor
Avoid Sideways Markets
If EMA gap % is very small and crosses happen often → stand aside until a clear direction forms
Use Alerts
Set alerts for BUY & SELL crosses so you never miss a setup
In short:
This isn’t just an EMA cross indicator — it’s a trend system with built-in risk management, strength measurement, and pre-trade preparation. Combine it with volume confirmation and smart use of support/resistance, and you turn a simple signal into a high-probability trading edge.
Price Line Indicator
This indicator plots evenly spaced horizontal lines on the price chart starting from a user-defined price. You can customize:
Starting Price
Price Spacing (supports decimals)
Number of Lines
Line Color & Width
Each line is extended across the chart with a label showing its precise price level (up to 4 decimal places). Ideal for marking psychological levels, support/resistance zones, or custom grid setups.
Monthly Open Lines (Historical, Accurate)📝 Description:
This indicator plots horizontal lines at every monthly open across the entire chart, helping traders easily identify key support/resistance levels based on the start of each month.
✅ Accurately tracks all historical monthly opens
✅ Lines extend fully across the screen (like regular horizontal lines)
✅ Black lines for clean, minimal visual impact
✅ Works on any timeframe (intraday, daily, etc.)
📊 Ideal For:
Price action traders
Support/resistance mapping
Monthly level breakout strategies
Institutional order flow tracking
Blue Ocean BOATS 24/5 US Market DataThis script utilizes Blue Ocean's ATS (Alternative Trading System) and U.S. exchange market data to create a continuous candlestick chart. The continuous data has the option to be used as an indicator or strategy source.
Requirements
The main chart symbol (which can be unrelated to the user-input Ticker Symbol) needs to be a 24/7 chart. An example symbol is CRYPTO:BTCUSD. CME_MINI:ES1! and FX:SPX500 work too, but are not truly 24/5 and will miss ~4 hours of the total trading week from the extended U.S. session.
The main chart's timeframe needs to be intraday. Because the script's output is currently inconsistent on daily or higher timeframes, it will disable itself.
The Ticker Symbol chosen should be a ticker that is traded on U.S. exchanges. This will provide both U.S. extended session data and a BOATS equivalent.
Usage & configuration
This script visualizes the 24-hour Monday-Friday chart of a U.S. exchange ticker. Going a step further, it can be used to compare the performance indices or cryptocurrencies to stock constituents of indices, cryptocurrency treasury stocks or holding ETFs.
The script's output, candlesticks, can be overlaid on the main chart or used as is. A "Price Source" plot is used for indicators or strategies.
Ticker Symbol: The U.S. ticker you'd like to view extended session and Blue Ocean ATS session data for.
Price Source: Price source that can be used for indicators or strategies.
Highlight Sessions: Highlight the different trading sessions.
Last Price Line: Show a horizontal line at the last traded price.
Ticker Symbol Check: Plots a label that will display only if the selected Ticker Symbol is not detected as a U.S. exchange traded ticker.
Earnings Label: Creates a label at the time of past earnings of the chosen Ticker Symbol. The time that the earnings are plotted is approximate. Because of this, the label is meant as an explanation for price action.
What this script does and how it works
It creates OHLC candlesticks by merging Blue Ocean's ATS market data and U.S. exchange data. From the OHLC data of both, a single output can be used for indicators or strategies.
References and further information
www.tradingview.com
The Blue Ocean ATS allows trading from 20:00 to 4:00 Eastern Time, Sunday through Thursday. This critical timeframe bridges the eight-hour overnight gap when major U.S. exchanges are closed.
blueocean-tech.io
Blue Ocean ATS, LLC is a US broker dealer which operates the alternative trading system BOATS. Our trading platform offers electronic access, price discovery, compliant regulatory reporting requirements, and standard clearing and settlement processes.
www.nyse.com
Hours mentioned are in Eastern Time.
Overnight trading remains far less active than extended hours trading. The hour with the highest overnight volume is 9:00PM, which averages 2.94 million shares per day and coincides with several Asian market opens. This volume is a fraction of the last hour of extended hours trading, which averages 43.22 million shares. The first hour of pre-core reported volume averages 113.30 million shares per day.
Overnight executions, in addition to the peak in the 9:00PM hour, also exhibits a smaller peak at 3:00AM, of 2.35 million shares. This coincides with several Asian bourses’ end of their regular trading day.
Example of using the script in the main chart window and the difference in how RSI may be calculated.
Note: ATS is not the name of the 20:00 to 4:00 ET session itself, and the term refers to a broader definition of trading systems that include dark pools, which can be different.
24/5 Monday-Friday really means NY time Sunday night to Friday afternoon.
Gold 3min Trading Pro [XAU/USD]# Gold 3min Trading Pro - User Guide
## Overview
This is a professional scalping indicator specifically designed for Gold (XAU/USD) trading on 3-minute timeframes. It combines multiple technical analysis methods to provide high-probability entry signals for short-term trading.
## Key Features
### 1. Multi-Timeframe Trend Analysis
- **Major Trend**: Analyzes 15min, 1H, and 4H timeframes using moving averages
- **Short-term Trend**: Focuses on 3-minute price action and moving average alignment
- **Trend Strength**: Rated from 1-3 based on timeframe agreement
### 2. Core Indicators
- **RSI (9-period)**: Momentum oscillator for overbought/oversold conditions
- **Stochastic (9-period)**: %K and %D lines for entry timing
- **MACD**: Additional trend confirmation
- **Volume Analysis**: Detects volume spikes for signal validation
- **ATR-based Volatility Filter**: Ensures adequate market movement
### 3. Signal Types
- **Primary Signals**: Green triangles (LONG) and Red triangles (SHORT)
- **Enhanced Signals**: Stronger signals with multiple confirmations
- **Confirmation Signals**: Small circles for stochastic crossovers
## How to Use
### 1. Setup
- **Timeframe**: Use on 3-minute charts for Gold (XAU/USD)
- **Settings**: Default settings are optimized for Gold scalping
- **Session Filter**: Enable for London/New York sessions (recommended)
### 2. Entry Conditions
#### LONG Entry:
- Major trend is bullish (green background)
- Short-term trend is up or neutral
- RSI shows bullish momentum
- Stochastic indicates oversold recovery
- Volume spike confirmation
- Strong price action (bullish candle)
#### SHORT Entry:
- Major trend is bearish (red background)
- Short-term trend is down or neutral
- RSI shows bearish momentum
- Stochastic indicates overbought reversal
- Volume spike confirmation
- Strong price action (bearish candle)
### 3. Trade Management
- **Quick Target**: 50% of ATR-based calculation
- **Main Target**: Full ATR-based target
- **Stop Loss**: 60% of ATR below/above entry
- **Time Limit**: Exit if no progress within 20 bars (60 minutes)
### 4. Risk Management
- **Position Size**: Risk 1-2% of account per trade
- **Maximum Trades**: 3-5 trades per session
- **Avoid**: Low volatility periods and major news events
## Visual Elements
### Background Colors
- **Light Green**: Bullish major trend
- **Light Red**: Bearish major trend
- **Yellow**: Volume spike detected
- **Intense Colors**: Very strong trend alignment
### Chart Indicators
- **RSI Line (Blue)**: Main momentum indicator
- **Stochastic %K (Orange)**: Fast stochastic line
- **Stochastic %D (Yellow)**: Slow stochastic line
- **Horizontal Lines**: 70 (overbought), 30 (oversold), 50 (midline)
### Information Table (Top Right)
- Total signal count and performance statistics
- Current market conditions and trend strength
- RSI levels and volatility status
- Trading session information
- Last signal timing
## Alert System
### Standard Alerts
- **Scalp Long Signal**: Basic long entry signal
- **Scalp Short Signal**: Basic short entry signal
- **Premium Signals**: High-quality signals with strong confirmation
- **Trend Reversal**: Major trend change notifications
### Alert Setup
1. Right-click on chart → "Add Alert"
2. Select desired alert condition
3. Configure notification method (popup, email, webhook)
4. Set alert frequency to "Once Per Bar Close"
## Best Practices
### 1. Trading Sessions
- **Optimal**: London-NY overlap (3:00-5:00 PM EST)
- **Good**: London session (2:00-11:00 AM EST)
- **Avoid**: Asian session and major news releases
### 2. Market Conditions
- **Best**: Trending markets with normal to high volatility
- **Moderate**: Ranging markets during active sessions
- **Avoid**: Extremely low volatility or choppy conditions
### 3. Confirmation Rules
- Wait for signal triangle to appear
- Check that major trend aligns with signal direction
- Verify volume spike (yellow background)
- Ensure volatility is adequate (check info table)
### 4. Entry Timing
- Enter immediately after signal confirmation
- Use market orders for scalping speed
- Set stop loss and take profit levels immediately
## Settings Customization
### Essential Settings
- **MA Type**: EMA (recommended) or SMA
- **RSI Length**: 9 (default, can adjust 5-14)
- **Volume Threshold**: 1.8 (higher = fewer but stronger signals)
- **Volatility Filter**: Keep enabled for better signal quality
### Display Options
- **Show Scalping Signals**: Main entry signals
- **Show Performance Stats**: Information table
- **Show Trend Filter**: Background trend colors
- **Use Time Filter**: Session-based filtering
## Performance Optimization
### 1. Backtesting Tips
- Test on different market conditions
- Analyze win rate and average profit/loss
- Adjust settings based on historical performance
### 2. Signal Quality
- Higher trend strength (2-3) = better signals
- Volume confirmation improves success rate
- Enhanced signals have higher probability
### 3. Risk Control
- Never risk more than 2% per trade
- Use proper position sizing
- Stop trading after 3 consecutive losses
## Troubleshooting
### Common Issues
1. **No Signals**: Check volatility filter and session timing
2. **Too Many Signals**: Increase volume threshold or enable filters
3. **Poor Performance**: Verify timeframe (must be 3-minute) and symbol (XAU/USD)
### Support
- Ensure TradingView Pro+ subscription for multi-timeframe data
- Verify Gold symbol matches your broker's format
- Update to latest TradingView version
This indicator is designed for experienced traders familiar with scalping techniques and risk management. Always practice on demo accounts before live trading.
