LBR 3/10 'Sardine' Oscillator (ATR-Normalized)LBR 3/10 Oscillator - Short-Term Momentum Indicator
The LBR 3/10 "Sardine" Oscillator is a short-term momentum indicator developed by Linda Bradford Raschke. This ATR-normalized version provides cross-market comparability and consistent extreme levels across all timeframes and asset classes.
What is the LBR 3/10 Oscillator?
The LBR 3/10 is designed to capture very short-term momentum shifts by measuring the difference between a 3-period and 10-period moving average. Named after Linda Bradford Raschke's "Trading Sardines" book, this oscillator excels at identifying rapid momentum changes and potential reversal points.
Formula: / ATR(10) × 100
Where MA can be either Simple Moving Average (SMA) or Exponential Moving Average (EMA).
Why ATR Normalization?
Problem with Traditional Oscillators:
Traditional momentum oscillators produce values that vary dramatically across different markets and time periods. A reading of 5 might be extreme for one asset but insignificant for another.
Solution:
ATR normalization divides the raw momentum value by the Average True Range, creating standardized readings that are:
Comparable Across Markets: Same interpretation whether analyzing stocks, forex, commodities, or crypto
Comparable Across Time: Readings maintain consistent meaning regardless of price levels
Universal Extreme Levels: The ±125 levels work consistently across all assets and timeframes
Statistical Research
Extensive statistical analysis across multiple markets identified the ±125 extreme levels:
+125 Level: Reached approximately 4% of the time (extreme bullish momentum)
-125 Level: Reached approximately 2% of the time (extreme bearish momentum)
These statistically-validated levels provide objective definitions for overbought and oversold conditions, eliminating subjective interpretation.
Key Features
Core Components
LBR 3/10 Line: Main oscillator showing normalized short-term momentum
Signal Line: Smoothed moving average of the oscillator (default: 9-period)
Extreme Levels: Horizontal lines at ±125 marking statistical extremes
Zero Line: Separates bullish and bearish momentum regimes
Visual Elements
Blue Line: LBR 3/10 oscillator (main momentum line)
Red Line: Signal line (smoothed moving average of oscillator)
Fill Area: Light blue shaded region between oscillator and signal line
Background Zones: Light red (overbought above +125) or light green (oversold below -125)
Horizontal Lines: Gray dashed lines at +125, -125, and 0 (zero line solid)
Divergence Markers: Green/red circles marking price/oscillator divergences
Signal Crosses: Small green/red triangles marking oscillator/signal line crossovers
Pullback Markers: Yellow diamond shapes with white "↑PB" or "↓PB" text for first pullback signals
Std Dev Bands: Orange circles marking statistical extreme levels (optional, disabled by default)
Advanced Features
MA Type Selection: Choose between SMA or EMA for both oscillator and signal line
Standard Deviation Bands: Optional adaptive extreme levels based on statistical volatility
Pullback Detection: Identifies high-probability counter-trend entries during established trends
First Pullback Filter: Noise reduction system that highlights initial pullback after trend change
Trading Applications
1. Extreme Level Reversals
When the oscillator reaches ±125, it indicates stretched momentum conditions:
Above +125: Overbought - watch for bearish reversal signals
Below -125: Oversold - watch for bullish reversal signals
2. Signal Line Crossovers
Bullish Cross: Oscillator crosses above signal line (momentum shift up)
Bearish Cross: Oscillator crosses below signal line (momentum shift down)
3. Zero Line Crosses
Signal line crossing zero indicates trend regime changes:
Cross Above 0: Transition to bullish trend
Cross Below 0: Transition to bearish trend
4. Divergence Trading
Bullish Divergence: Price makes lower low, oscillator makes higher low
Bearish Divergence: Price makes higher high, oscillator makes lower high
Best used in combination with other momentum indicators for confirmation
5. Pullback Strategy (High-Probability Setup)
Uptrend Pullback: Signal line positive + oscillator crosses below (buy opportunity)
Downtrend Pullback: Signal line negative + oscillator crosses above (sell opportunity)
First Pullback: Initial counter-trend signal after trend change (highest probability)
6. "Anti" Setup
Linda Bradford Raschke's classic setup:
Wait for extreme reading (±125)
Enter on first pullback signal in opposite direction
Captures momentum exhaustion reversals
Comprehensive Alert System
Extreme Level Alerts
Crossed above +125 (overbought)
Crossed below -125 (oversold)
Divergence Alerts
Bullish divergence detected
Bearish divergence detected
Signal Cross Alerts
Bullish cross (oscillator above signal)
Bearish cross (oscillator below signal)
Trend Change Alerts
Signal line crossed above zero (trend change to bullish)
Signal line crossed below zero (trend change to bearish)
Pullback Alerts
Pullback in uptrend (potential buy)
Pullback in downtrend (potential sell)
FIRST pullback in uptrend (high-probability buy)
FIRST pullback in downtrend (high-probability sell)
Settings & Parameters
LBR 3/10 Settings
Fast MA Length: Short-term period (default: 3)
Slow MA Length: Baseline period (default: 10)
ATR Length: Volatility normalization period (default: 10)
MA Type: SMA or EMA selection
Extreme High Level: Overbought threshold (default: 125)
Extreme Low Level: Oversold threshold (default: -125)
Signal Line
Show Signal Line: Enable/disable display (default: true)
Signal Line Length: Smoothing period (default: 9)
Divergence Detection
Show Divergences: Enable/disable detection (default: true)
Divergence Lookback: Pivot detection period (default: 5)
Standard Deviation Bands
Show Std Dev Bands: Enable/disable adaptive levels (default: false)
Std Dev Multiplier: Band width adjustment (default: 1.5)
Std Dev Length: Calculation period (default: 100)
Best Practices
Trending Markets
Focus on pullback signals in direction of trend
Use first pullback filter for highest-probability entries
Watch for extreme levels as profit-taking zones
Ranging Markets
Trade reversals at extreme levels (±125)
Use divergences with additional momentum indicator confirmation
Avoid signal line crosses near zero (low-quality signals)
Multi-Timeframe Analysis
Higher timeframe: Identify trend direction (signal line above/below zero)
Lower timeframe: Time precise entries using pullback signals
Confirmation: Use additional momentum indicators for signal validation
Risk Management
Reduce position size at extreme levels (increased reversal risk)
Use ATR-based stops (e.g., 2× ATR from entry)
Exit on opposite extreme level or signal line zero cross
Chart Legend - Visual Signal Guide
Lines and Fills
🔵 Blue Line: LBR 3/10 oscillator value
🔴 Red Line: Signal line (9-period MA of oscillator)
💠 Light Blue Fill: Area between oscillator and signal line (visual momentum gauge)
Background Colors
🟥 Light Red Background: Extreme overbought zone (LBR > +125)
🟩 Light Green Background: Extreme oversold zone (LBR < -125)
Horizontal Reference Lines
➖ +125 (Gray Dashed): Overbought extreme level
➖ 0 (Gray Solid): Zero line - trend separator
➖ -125 (Gray Dashed): Oversold extreme level
Signal Markers
🟢 Green Circle: Bullish divergence detected (price lower low, oscillator higher low)
🔴 Red Circle: Bearish divergence detected (price higher high, oscillator lower high)
▲ Green Triangle Up: Bullish signal cross (oscillator crosses above signal line)
▼ Red Triangle Down: Bearish signal cross (oscillator crosses below signal line)
Yellow Diamond "↑PB": First pullback in uptrend (high-probability buy setup)
Yellow Diamond "↓PB": First pullback in downtrend (high-probability sell setup)
Combining with MACD-V+ Indicator
LBR 3/10 and MACD-V+ work together as a powerful two-timeframe momentum system:
Indicator Roles
MACD-V+: Strategic direction (12-26 period) - identifies market regime and lifecycle state
LBR 3/10: Tactical timing (3-10 period) - pinpoints precise entry and exit moments
Key Principles
Strategic Filter: MACD-V+ determines IF you should trade (market regime)
Tactical Timing: LBR 3/10 determines WHEN to enter (precise timing)
Confirmation Reduces Risk: Trade only when both indicators agree
Respect Lifecycle Changes: Exit when MACD-V+ state changes against your position
Methodology
The LBR 3/10 indicator implements statistical analysis and volatility normalization techniques to create a universal short-term momentum tool. This approach enables consistent interpretation across all markets and timeframes.
The indicator implements:
ATR-based normalization for cross-market comparability
Statistical extreme level validation (±125 levels)
Noise reduction through first pullback filtering
Dual MA type support (SMA/EMA) for flexibility
Standard deviation bands for adaptive threshold levels
LBR 3/10 provides traders with a precise tool for short-term momentum analysis and tactical entry timing. Combined with proper risk management and multi-timeframe analysis, it offers objective signals for both trend-following and reversal trading strategies.
This indicator is designed for educational and analytical purposes. Past performance does not guarantee future results. Always conduct thorough research and consider consulting with financial professionals before making investment decisions.
Analizy Trendu
Dynamic Supply & Demand with 20,50 & 200 EMADynamic Supply & Demand with 20, 50 & 200 EMA is an intraday trend-following indicator designed for traders who want to identify key support and resistance levels along with trend direction.
Features:
Plots 20, 50, and 200 EMAs to indicate short, medium, and long-term trends.
Calculates supply (resistance) and demand (support) zones dynamically based on recent price action and ATR for better accuracy.
Highlights bullish and bearish conditions using EMA alignment and RSI filter.
Includes a fixed bottom-right watermark to display author identity (@solomonselvam).
Fully compatible with Pine Script v5 and optimized for intraday charts.
How to use:
Use EMA alignment (20 > 50 > 200) and RSI > 55 for bullish setups.
Use EMA alignment (20 < 50 < 200) and RSI < 45 for bearish setups.
Look for price interaction with supply/demand zones for potential entries or exits.
Note: This indicator is best used in combination with proper risk management and price action confirmation.
Supply & Demand Limited [DOSALGO]The Supply & Demand Limited indicator is a powerful tool designed to automatically identify and plot significant supply and demand zones on your chart. Based on the core principles of price action, this indicator pinpoints areas where buying or selling pressure has historically been strong enough to cause a substantial shift in the market. By visualizing these key institutional levels, traders can gain a clearer perspective on potential turning points, support/resistance areas, and high-probability trade setups.
This "Limited" version is specifically optimized for higher timeframe analysis and will function exclusively on Daily and Weekly charts, helping traders focus on the most significant market structure.
Key Features
Automatic Zone Detection: The indicator's internal calculation method scans the price action to detect valid supply and demand zones, saving you the time and effort of manual charting.
Identifies Key Patterns: It recognizes classic supply and demand patterns, including Rally-Base-Drop (RBD), Drop-Base-Rally (DBR), and continuation patterns like Rally-Base-Rally (RBR) and Drop-Base-Drop (DBD).
Dynamic Zone Interaction: Zones are not static. The indicator tracks price interaction, changing a zone's color once it has been touched. It can also automatically remove zones that have been significantly penetrated, keeping your chart clean and relevant.
"Level on Level" (LoL) Detection: A unique feature that identifies when new zones form within or overlapping existing ones. These "stacked" zones can often indicate particularly strong areas of confluence.
Built-in Alerts: Never miss an opportunity. Set up custom alerts to notify you the moment a new supply or demand zone is formed or when the price touches an existing zone.
Fully Customizable: Tailor the indicator to your exact trading style with extensive customization options. Adjust everything from the zone definition and colors to the number of zones displayed on your chart.
How to Use This Indicator
The primary goal of this indicator is to highlight potential areas where the market may reverse or pause.
Identify Potential Reversal Points: A supply zone (red) above the current price may act as resistance, presenting a potential area for short entries. A demand zone (green) below the current price may act as support, offering a potential area for long entries.
Confirm with Other Tools: For best results, use these zones in conjunction with your existing trading strategy. Confirm signals with other indicators, trend analysis, or fundamental factors to increase confidence.
Set Stop-Loss and Take-Profit: The boundaries of the zones can serve as logical guides for placing stop-loss orders (e.g., just above a supply zone or just below a demand zone) and for setting profit targets.
Settings Explained
Zone Definition
Show "Level on Level" (LoL) Labels: Toggles the "(LoL)" text on zones that are stacked on top of each other.
Include Continuation Patterns?: Choose whether to display only reversal patterns (RBD, DBR) or also include continuation patterns (RBR, DBD).
Zone Type: Select how zones are drawn.
Wider: Uses the full high/low of the base candles for a larger zone.
Preferred: Uses a more precise calculation to define the zone, often resulting in a tighter, more refined area.
Max Base Candles in Zone: Sets the maximum number of consolidation (base) candles allowed for a valid zone to be formed.
Zone Display & Limits
Limit Supply/Demand Zones: Toggle on or off to limit the number of zones displayed.
Max Supply/Demand Zones: When the limit is on, this sets the maximum number of the most relevant supply or demand zones to show on the chart.
Zone Interaction
Delete Zone on Deep Wick Penetration?: If enabled, the indicator will automatically remove a zone from the chart if the price penetrates it by a significant amount.
Remove Tested Zone %: Defines how much the price must penetrate a zone (as a percentage of the zone's height) to be considered "deep" and trigger its removal.
Colors & Style
Full customization over the colors for fresh and touched supply and demand zones, as well as the appearance of the zone labels.
Alerts
Alert on New Zone Creation?: Enable to receive an alert when a new zone is confirmed.
Alert on Zone Touch?: Enable to receive an alert when the price first enters an existing zone.
Disclaimer: This indicator is a tool for technical analysis and should not be considered financial advice. All trading involves risk. Always conduct your own research and analysis before making any trading decisions. Past performance is not indicative of future results.
MACD-V+MACD-V+ Indicator - Advanced Momentum Analysis
The MACD-V+ indicator is an enhanced version of the volatility-normalized MACD methodology developed by Alex Spiroglou. This approach addresses critical limitations of traditional MACD through ATR-based volatility normalization, providing comparable values across time and markets.
What is MACD-V?
MACD-V applies Average True Range (ATR) normalization to traditional MACD, creating a universal momentum indicator that works consistently across all markets and timeframes. The methodology was developed through extensive statistical research analyzing multiple markets and timeframes.
Formula: × 100
This normalization transforms MACD from price-dependent values into standardized momentum readings.
Traditional MACD Limitations
Limitation 1: Non-Comparable Values Across Time
Traditional MACD values cannot be compared across different time periods due to varying price levels. S&P 500 maximum MACD was 1.56 in 1957-1971, but reached 86.31 in 2019-2021 - not indicating 55x stronger momentum, but simply different price scales.
Solution: MACD-V provides comparable historical values where a reading of 100 today has the same mathematical meaning as 100 in any previous period.
Limitation 2: Non-Comparable Across Markets
Traditional MACD cannot compare momentum between different assets. S&P 500 MACD of 65 versus EUR/USD MACD of -0.5 reflects price differences, not relative strength.
Solution: MACD-V creates universal levels that work across all markets. The ±150 extreme levels apply consistently whether analyzing stocks, bonds, commodities, or currencies.
Limitation 3: No Objective Momentum System
Traditional MACD lacks universal overbought or oversold level definitions, making systematic analysis difficult.
Solution: MACD-V provides an objective 7-stage momentum lifecycle system with clearly defined zones and state transitions.
Limitation 4: Signal Line False Signals
In low momentum environments, traditional MACD generates multiple false signals as the line oscillates near zero.
Solution: MACD-V filters signal quality by identifying neutral zones (-50 to +50) where signal reliability is lower.
Limitation 5: Signal Line Timing Lag
During extreme momentum, traditional MACD signal line lags significantly due to large separation from the MACD line.
Solution: MACD-V anticipates timing issues in extreme momentum environments (±150) through zone-based analysis and lifecycle states.
Universal Application
MACD-V+ works across:
Individual Stocks
Forex Pairs
Commodity Futures
Cryptocurrencies
All Timeframes
Key Features
Zone System
Overbought Zone: Above +150 (extreme bullish momentum)
Rally Zone: +50 to +150 (strong bullish momentum)
Ranging Zone: -50 to +50 (neutral/low momentum)
Rebound Zone: -50 to -150 (strong bearish momentum)
Oversold Zone: Below -150 (extreme bearish momentum)
7-Stage Lifecycle States
Ranging: Neutral momentum in -50 to +50 zone
Rallying: Rally zone + MACD above Signal + rising momentum
Overbought: Extreme zone above +150
Retracing: Rally zone + MACD below Signal (pullback from overbought)
Reversing: Rebound zone + MACD below Signal + falling momentum
Oversold: Extreme zone below -150
Rebounding: Rebound zone + MACD above Signal (recovery from oversold)
Visual Status Display
Real-Time State Table: Shows current lifecycle state name
Color-Coded States: Blue (Rallying/Rebounding), Red (Overbought/Oversold), Orange (Retracing/Reversing), Gray (Ranging)
Strength Multiplier: Live histogram strength indicator (e.g., "x 1.45")
Enhanced Features (Plus)
Absolute Histogram MA: ATR-length moving average of absolute histogram values for strength measurement
Direction-Aware Display: MA line follows histogram sign (positive above 0, negative below 0)
Strength Multiplier: Current momentum vs. average strength ratio (always positive value)
Histogram Extreme Levels: Short-term overbought/oversold (±40) for pullback detection
Chart Legend - Visual Signal Guide
Lines and Histogram
🔵 Blue Line: MACD-V value (ATR-normalized momentum)
🟠 Orange Line: Signal line (9-period EMA of MACD-V)
📊 Histogram Bars: MACD-V minus Signal line (momentum differential)
Histogram Colors: Green shades (positive momentum), Red shades (negative momentum)
🟡 Yellow Line: Dynamic MA of absolute histogram values (follows histogram sign)
Background Colors
🟥 Light Red Background: Extreme overbought zone (MACD-V > +150)
🟩 Light Green Background: Extreme oversold zone (MACD-V < -150)
Horizontal Reference Lines
➖ +150 (Gray Dashed): Overbought extreme level
➖ +50 (Gray Dashed): Rally zone entry level
➖ 0 (Gray Solid): Zero line - trend separator
➖ -50 (Gray Dashed): Rebound zone entry level
➖ -150 (Gray Dashed): Oversold extreme level
Optional Histogram Levels
➖ +40 (Yellow Dashed): Histogram short-term overbought
➖ -40 (Yellow Dashed): Histogram short-term oversold
Status Table
📋 Top-Center Table: Current lifecycle state display
State Name: RANGING / RALLYING / OVERBOUGHT / RETRACING / REVERSING / OVERSOLD / REBOUNDING
Histogram Warning: Short-term overbought/oversold alerts (±40 levels)
State Label
📊 Label at MACD/Signal Midpoint: Current lifecycle state with strength analysis
State Name: RANGING / RALLYING / OVERBOUGHT / RETRACING / REVERSING / OVERSOLD / REBOUNDING
Strength Multiplier Interpretation:
- Strong acceleration (>1.75): Powerful momentum, trend continuation likely
- Moderate progression (1.25-1.75): Normal trend strength
- Trend continuation (0.75-1.25): Stable momentum near average
- Watch for reversal (0.25-0.75): Weakening momentum
- Trend exhaustion (<0.25): Very weak momentum, reversal possible
Trading Applications
1. Lifecycle State Trading
Enter Long: When state changes to "RALLYING" (strong bullish momentum established)
Enter Short: When state changes to "REVERSING" (strong bearish momentum established)
Exit/Reduce: When state reaches "OVERBOUGHT" or "OVERSOLD" (extreme levels)
Avoid Trading: When state is "RANGING" (low momentum, unreliable signals)
2. Zone-Based Trading
Rally Zone (+50 to +150): Look for pullback entries (histogram dips)
Rebound Zone (-50 to -150): Look for bounce entries (histogram rises)
Extreme Zones (±150+): Prepare for reversal or take profits
Ranging Zone (-50 to +50): Wait for breakout confirmation
3. Signal Line Crossovers
Bullish Cross: MACD-V crosses above Signal line (momentum shift up)
Bearish Cross: MACD-V crosses below Signal line (momentum shift down)
Quality Filter: Trust crossovers in Rally/Rebound zones, ignore in Ranging zone
4. Zero Line Crosses
Cross Above 0: Transition to bullish regime
Cross Below 0: Transition to bearish regime
Trend Confirmation: Strong trends keep MACD-V on same side of zero
5. Histogram Extreme Strategy
Above +40: Short-term overbought - potential pullback
Below -40: Short-term oversold - potential bounce
Use with Trend: Buy dips to -40 in uptrend, sell rallies to +40 in downtrend
6. Strength Multiplier Analysis
> 1.75: Strong acceleration - powerful momentum, trend continuation highly likely
1.25 to 1.75: Moderate progression - normal healthy trend strength
0.75 to 1.25: Trend continuation - stable momentum near average strength
0.25 to 0.75: Watch for reversal - momentum weakening significantly
< 0.25: Trend exhaustion - very weak momentum, reversal possible
Comprehensive Alert System
Lifecycle State Change Alerts
Range Entered (low momentum warning)
Rally Started (bullish momentum established)
Overbought Reached (extreme bullish level)
Overbought Exit (leaving extreme zone)
Retracing Started (pullback from overbought)
Reversal Started (bearish momentum established)
Oversold Reached (extreme bearish level)
Oversold Exit (leaving extreme zone)
Rebounding Started (recovery from oversold)
Alert Builder Integration
Binary outputs (1/0) for external alert systems:
Individual state flags for each of 7 lifecycle states
Strength multiplier value for programmatic trend assessment
Settings & Parameters
MACD Configuration
MACD Fast: Fast EMA period (default: 12)
MACD Slow: Slow EMA period (default: 26)
Signal Line: Signal smoothing period (default: 9)
Source: Price source (default: Close)
Zone Boundaries
Overbought: Extreme bullish level (default: 150)
Oversold: Extreme bearish level (default: -150)
Rally: Strong bullish zone entry (default: 50)
Rebound: Strong bearish zone entry (default: -50)
Histogram Bounds
Histogram OB: Short-term overbought (default: 40)
Histogram OS: Short-term oversold (default: -40)
Trend Filters
MA Type: Histogram strength MA calculation method (None / SMA / EMA)
Show Elder Impulse Plus: Bar color system based on EMA(13) + histogram direction
200 EMA trend: Trend Filter v1 - Bull/Bear classification (adaptive MACD-V levels)
50/200 EMA 6-stage: Trend Filter v2 - Chuck Dukas Diamond 6-stage market classification
Best Practices
Trending Markets
Focus on "RALLYING" or "REVERSING" states for entries
Use histogram pullbacks (±40) for position additions
Monitor strength multiplier - exit if drops below 0.25
Take profits in extreme zones (±150+)
Yellow MA crossing histogram warns of momentum shift
Ranging Markets
Avoid trading when state is "RANGING"
Wait for clear zone entry (Rally/Rebound zone)
Use shorter timeframes for precision
Reduce position sizes due to lower reliability
Multi-Timeframe Analysis
Higher timeframe: Identify market regime (lifecycle state)
Lower timeframe: Time precise entries (histogram pullbacks)
Alignment: Trade only when both timeframes agree on direction
Risk Management
Reduce position size in extreme zones (±150+)
Use lifecycle state changes for stop-loss placement
Scale out of positions when strength multiplier < 0.25
Avoid counter-trend trades in strong states (RALLYING/REVERSING)
Watch yellow MA - when it crosses below histogram absolute value, momentum weakening
Combining with LBR 3/10-V Indicator
MACD-V+ and LBR 3/10-V create a powerful two-timeframe momentum system for strategic direction and tactical timing.
Strategic Filter: MACD-V+ determines WHETHER to trade (market regime)
Tactical Precision: LBR 3/10-V determines WHEN to enter (timing)
Double Confirmation: Both indicators must agree on direction
Lifecycle Management: Exit when MACD-V+ state changes
Strength Validation: Use MACD-V+ multiplier for position sizing
Extreme Respect: Both hitting extremes = high reversal probability
Methodology
MACD-V methodology is based on volatility normalization using Average True Range (ATR). This approach transforms traditional MACD into a universal momentum indicator with statistically-validated zones and objectively-defined states.
The indicator implements:
ATR-based normalization for cross-market comparability
Statistical analysis for universal zone definitions (±150, ±50)
Lifecycle state system for objective trend identification
Absolute histogram MA with direction-aware visualization (ATR-length period)
Strength multiplier: ratio of current to average absolute momentum (always positive)
Dynamic status table adapting to active trend filters
MACD-V+ transforms momentum analysis from subjective interpretation into objective, quantifiable measurements. Combined with LBR 3/10-V for tactical timing, it provides a complete framework for systematic trading across all financial markets and timeframes.
This indicator is designed for educational and analytical purposes. Past performance does not guarantee future results. Always conduct thorough research and consider consulting with financial professionals before making investment decisions.
RSI with Dynamic Overbought/Oversold Levels [SwissAlgo]RSI with Dynamic Overbought/Oversold Levels
RSI indicator with adaptive overbought/oversold levels based on percentile analysis instead of fixed thresholds 30/70.
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OVERVIEW
Traditional RSI uses static 30/70 levels that may fail to adapt to changing market conditions. This indicator calculates dynamic overbought/oversold zones based on recent price behavior, providing context-aware signals across dynamic volatility regimes.
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KEY FEATURES
Dynamic percentile bands (98th, 95th, 90th, 10th, 5th, 2nd) that automatically adjust to current market volatility
Color-coded RSI line: red when above 98th percentile (extreme overbought), green when below 2nd percentile (extreme oversold), purple otherwise
Highlighted extreme zones with subtle background fills for easy visual identification
Adjustable responsiveness: Fast (50 bars), Medium (100 bars), or Slow (200 bars) for different trading styles and timeframes
Optional smoothing MA with multiple types: SMA, EMA, RMA, WMA, VWMA
Built-in alerts for extreme overbought/oversold conditions
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HOW IT WORKS
The indicator tracks RSI values over a rolling window and calculates percentile ranks. When RSI reaches its 98th percentile, it means current momentum is stronger than 98% of recent readings — signaling a potentially extreme overbought condition relative to recent behavior, not just an arbitrary fixed level.
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USAGE
Watch for RSI entering colored extreme zones (red/green fills) for potential exhaustion signals
Use the 90th/10th percentile bands as early warning levels
Combine with price action, support/resistance, or other indicators and your own analysis for confirmation
Adjust responsiveness based on your timeframe
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SETTINGS
RSI Length: Standard 14-period default, adjustable
RSI Source: Close price default, customizable
Responsiveness: Choose how quickly percentile bands adapt to new data
Smoothing: Optional moving average overlay on RSI
Show Percentile Bands: Toggle visibility of dynamic levels
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ALERTS
Two alert conditions are available:
RSI Extreme Overbought (crosses above 98th percentile)
RSI Extreme Oversold (crosses below 2nd percentile)
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NOTES
Percentile levels recalculate as new data arrives, providing adaptive context rather than fixed historical values. This is intentional; the indicator shows where RSI stands relative to recent market behavior, not potentially outdated static thresholds.
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LIMITATIONS & DISCLAIMER
PERCENTILE RECALCULATION
This indicator uses rolling percentile calculations that update as new price data arrives. Historical percentile levels may shift slightly as the lookback window moves forward . This is by design; the indicator provides context relative to recent market behavior, not static historical thresholds. Users should be aware that backtest results may differ slightly from real-time performance due to this adaptive nature.
NO PREDICTIVE CLAIMS
This indicator identifies when RSI reaches extreme levels relative to recent history. It does NOT predict future price movements, guarantee reversals, or provide trading signals. Extreme overbought/oversold conditions can persist during strong trends, price may continue moving in the same direction even after entering extreme zones.
ALERT TIMING
Alerts trigger when RSI crosses percentile thresholds on bar close. In fast-moving markets, significant price movement may occur between alert generation and user response. Always confirm conditions and DYOR before taking action.
NOT FINANCIAL ADVICE
This tool is for informational and educational purposes only. It does not constitute financial, investment, or trading advice. Past performance of any trading system or methodology is not indicative of future results. Trading involves substantial risk of loss and is not suitable for all investors.
USER RESPONSIBILITY
Users are solely responsible for their trading decisions. Always conduct your own analysis, implement proper risk management, and never risk more than you can afford to lose. Test thoroughly on paper/demo accounts before live trading.
NO WARRANTIES
This indicator is provided "as is" without warranties of any kind. The author assumes no responsibility for trading losses, technical errors, or any damages resulting from the use of this indicator.
Fisher Transform Trend Navigator [QuantAlgo]🟢 Overview
The Fisher Transform Trend Navigator applies a logarithmic transformation to normalize price data into a Gaussian distribution, then combines this with volatility-adaptive thresholds to create a trend detection system. This mathematical approach helps traders identify high-probability trend changes and reversal points while filtering market noise in the ever-changing volatility conditions.
🟢 How It Works
The indicator's foundation begins with price normalization, where recent price action is scaled to a bounded range between -1 and +1:
highestHigh = ta.highest(priceSource, fisherPeriod)
lowestLow = ta.lowest(priceSource, fisherPeriod)
value1 = highestHigh != lowestLow ? 2 * (priceSource - lowestLow) / (highestHigh - lowestLow) - 1 : 0
value1 := math.max(-0.999, math.min(0.999, value1))
This normalized value then passes through the Fisher Transform calculation, which applies a logarithmic function to convert the data into a Gaussian normal distribution that naturally amplifies price extremes and turning points:
fisherTransform = 0.5 * math.log((1 + value1) / (1 - value1))
smoothedFisher = ta.ema(fisherTransform, fisherSmoothing)
The smoothed Fisher signal is then integrated with an exponential moving average to create a hybrid trend line that balances statistical precision with price-following behavior:
baseTrend = ta.ema(close, basePeriod)
fisherAdjustment = smoothedFisher * fisherSensitivity * close
fisherTrend = baseTrend + fisherAdjustment
To filter out false signals and adapt to market conditions, the system calculates dynamic threshold bands using volatility measurements:
dynamicRange = ta.atr(volatilityPeriod)
threshold = dynamicRange * volatilityMultiplier
upperThreshold = fisherTrend + threshold
lowerThreshold = fisherTrend - threshold
When price momentum pushes through these thresholds, the trend line locks onto the new level and maintains direction until the opposite threshold is breached:
if upperThreshold < trendLine
trendLine := upperThreshold
if lowerThreshold > trendLine
trendLine := lowerThreshold
🟢 Signal Interpretation
Bullish Candles (Green): indicate normalized price distribution favoring bulls with sustained buying momentum = Long/Buy opportunities
Bearish Candles (Red): indicate normalized price distribution favoring bears with sustained selling pressure = Short/Sell opportunities
Upper Band Zone: Area above middle level indicating statistically elevated trend strength with potential overbought conditions approaching mean reversion zones
Lower Band Zone: Area below middle level indicating statistically depressed trend strength with potential oversold conditions approaching mean reversion zones
Built-in Alert System: Automated notifications trigger when bullish or bearish states change, allowing you to act on significant developments without constantly monitoring the charts
Candle Coloring: Optional feature applies trend colors to price bars for visual consistency and clarity
Configuration Presets: Three parameter sets available - Default (balanced settings), Scalping (faster response with higher sensitivity), and Swing Trading (slower response with enhanced smoothing)
Color Customization: Four color schemes including Classic, Aqua, Cosmic, and Custom options for personalized chart aesthetics
Smart Money Concept v1Smart Money Concept Indicator – Visual Interpretation Guide
What Happens When Liquidity Lines Are Broken
🟩 Green Line Broken (Buy-Side Liquidity Pool Swept)
- Indicates price has dipped below a previous swing low where sell stops are likely placed.
- Market Makers may be triggering these stops to accumulate long positions.
- Often followed by a bullish reversal.
- Trader Actions:
• Look for a bullish candle close after the sweep.
• Confirm with nearby Bullish Order Block or Fair Value Gap.
• Consider entering a Buy trade (SLH entry).
- If price continues falling: Indicates trend continuation and invalidation of the buy-side liquidity zone.
🟥 Red Line Broken (Sell-Side Liquidity Pool Swept)
- Indicates price has moved above a previous swing high where buy stops are likely placed.
- Market Makers may be triggering these stops to accumulate short positions.
- Often followed by a bearish reversal.
- Trader Actions:
• Look for a bearish candle close after the sweep.
• Confirm with nearby Bearish Order Block or Fair Value Gap.
• Consider entering a Sell trade (SLH entry).
- If price continues rising: Indicates trend continuation and invalidation of the sell-side liquidity zone.
Chart-Based Interpretation of Green Line Breaks
In the provided DOGE/USD 15-minute chart image:
- Green lines represent buy-side liquidity zones.
- If these lines are broken:
• It may be a stop hunt before a bullish continuation.
• Or a false Break of Structure (BOS) leading to deeper retracement.
- Confirmation is needed from candle structure and nearby OB/FVG zones.
Is the Pink Zone a Valid Bullish Order Block?
To validate the pink zone as a Bullish OB:
- It should be formed by a strong down-close candle followed by a bullish move.
- Price should have rallied from this zone previously.
- If price is now retesting it and showing bullish reaction, it confirms validity.
- If formed during low volume or price never rallied from it, it may not be valid.
Smart Money Concept - Liquidity Line Breaks Explained
This document explains how traders should interpret the breaking of green (buy-side) and red (sell-side) liquidity lines when using the Smart Money Concept indicator. These lines represent key liquidity pools where stop orders are likely placed.
🟩 Green Line Broken (Buy-Side Liquidity Pool Swept)
When the green line is broken, it indicates:
• - Price has dipped below a previous swing low where sell stops were likely placed.
• - Market Makers have triggered those stops to accumulate long positions.
• - This is often followed by a bullish reversal.
Trader Actions:
• - Look for a bullish candle close after the sweep.
• - Confirm with a nearby Bullish Order Block or Fair Value Gap.
• - Consider entering a Buy trade (SLH entry).
🟥 Red Line Broken (Sell-Side Liquidity Pool Swept)
When the red line is broken, it indicates:
• - Price has moved above a previous swing high where buy stops were likely placed.
• - Market Makers have triggered those stops to accumulate short positions.
• - This is often followed by a bearish reversal.
Trader Actions:
• - Look for a bearish candle close after the sweep.
• - Confirm with a nearby Bearish Order Block or Fair Value Gap.
• - Consider entering a Sell trade (SLH entry).
📌 Additional Notes
• - If price continues beyond the liquidity line without reversal, it may indicate a trend continuation rather than a stop hunt.
• - Always confirm with Higher Time Frame bias, Institutional Order Flow, and price reaction at the zone.
Multi-Timeframe Trend Table - Fully Customizable EMA Analysis📊 Complete Control Over Your Multi-Timeframe Analysis
This advanced indicator displays real-time trend direction for ANY two timeframes of your choice in a clean, professional table format. Perfect for traders who want complete flexibility in monitoring higher timeframe trends while executing trades on lower timeframes.
🎯 Key Features
Fully Customizable Timeframes: Choose ANY two timeframes from dropdown menus (1m to 1M)
Adjustable EMA Periods: Customize both short and long EMA lengths to match your strategy
Smart Timeframe Display: Automatic formatting (60→1H, 240→4H) or show custom labels
EMA-Based Logic: Uses proven EMA crossover methodology for trend determination
Visual Clarity: Color-coded table with green (uptrend) and red (downtrend) indicators
Optional EMA Values: Toggle to display actual EMA values in the table
Flexible Positioning: Place table in any corner of your chart
Built-in Alerts: Get notified when trends align or diverge
Real-Time Updates: Automatically refreshes with each bar close
Pine Script v6: Latest version with enhanced performance
📈 How It Works
The indicator determines trend direction using a simple but effective rule:
UPTREND: Price is above both Short EMA AND Long EMA
DOWNTREND: Price is below either Short EMA OR Long EMA
🔧 Comprehensive Settings
Timeframe Settings:
First Timeframe: Select any timeframe (default: 1H)
Second Timeframe: Select any timeframe (default: 4H)
EMA Settings:
Short EMA Length: Customizable (default: 50)
Long EMA Length: Customizable (default: 100)
Display Options:
Show EMA Values: Display actual EMA numbers in table
Table Position: 4 corner positions available
Custom Timeframe Labels: Toggle between formatted (1H) or raw (60) labels
Plot Current EMAs: Optional EMA lines on your current chart
💡 Trading Applications
✅ Complete Flexibility: Monitor any timeframe combination (5m/15m, 1H/1D, etc.)
✅ Strategy Alignment: Adapt EMA periods to match your trading system
✅ Trend Confirmation: Ensure trades align with higher timeframe direction
✅ Risk Management: Avoid counter-trend trades in strong directional markets
✅ Entry Timing: Use lower timeframe for entries while respecting higher timeframe bias
✅ Scalping Enhancement: Perfect for any scalping timeframe with higher timeframe context
✅ Swing Trading: Monitor daily/weekly trends while trading on hourly charts
🚨 Smart Alerts
Both Timeframes Bullish: Get notified when both timeframes turn bullish
Both Timeframes Bearish: Alert when both timeframes turn bearish
Timeframes Diverging: Know when your timeframes disagree on direction
🎨 Professional Design
Clean, modern table layout
Intuitive color coding (Green = Up, Red = Down)
Compact size that doesn't obstruct chart analysis
Clear typography for instant trend recognition
Customizable positioning for optimal workflow
📋 Perfect For
Day traders and scalpers of all timeframes
Swing traders seeking trend confirmation
Multi-timeframe analysis enthusiasts
Traders using custom EMA strategies
Anyone wanting flexible trend monitoring
Algorithmic traders needing trend filters
🚀 Easy Setup
Add to any chart (works on all timeframes)
Select your preferred timeframes from dropdowns
Adjust EMA periods to match your strategy
Customize display options and table position
Set up alerts for trend changes
Start trading with complete timeframe awareness
No complex configurations needed - just customize and trade!
🔄 Use Cases
Scalpers: Monitor 15m/1H while trading on 1m/3m
Day Traders: Watch 1H/4H while trading on 5m/15m
Swing Traders: Track 4H/1D while trading on 1H
Position Traders: Monitor 1D/1W while trading on 4H
Custom Strategies: Any timeframe combination you prefer
This indicator is designed for educational and informational purposes. Always combine with proper risk management and your own analysis.
Multi-Timeframe Trend Table - EMA Based Trend Analysis📊 Stay Aligned with Higher Timeframe Trends While Scalping
This powerful indicator displays real-time trend direction for 1-hour and 4-hour timeframes in a clean, easy-to-read table format. Perfect for traders who want to align their short-term trades with higher timeframe momentum.
🎯 Key Features
Multi-Timeframe Analysis: Monitor 1H and 4H trends while trading on any timeframe (3min, 5min, 15min, etc.)
EMA-Based Logic: Uses proven EMA 50 and EMA 100 crossover methodology
Visual Clarity: Color-coded table with green (uptrend) and red (downtrend) indicators
Customizable Display: Toggle EMA values and adjust table position
Real-Time Updates: Automatically refreshes with each bar close
Lightweight: Minimal resource usage with efficient data requests
📈 How It Works
The indicator determines trend direction using a simple but effective rule:
UPTREND: Price is above both EMA 50 AND EMA 100
DOWNTREND: Price is below either EMA 50 OR EMA 100
🔧 Settings
Show EMA Values: Display actual EMA 50/100 values in the table
Table Position: Choose from 4 corner positions (Top Right, Top Left, Bottom Right, Bottom Left)
Plot Current EMAs: Optional display of EMA lines on your current chart
💡 Trading Applications
✅ Trend Confirmation: Ensure your trades align with higher timeframe direction
✅ Risk Management: Avoid counter-trend trades in strong directional markets
✅ Entry Timing: Use lower timeframe for entries while respecting higher timeframe bias
✅ Scalping Enhancement: Perfect for 1-5 minute scalping with higher timeframe context
🎨 Visual Design
Clean, professional table design
Intuitive color coding (Green = Up, Red = Down)
Compact size that doesn't obstruct your chart
Clear typography for quick reading
📋 Perfect For
Day traders and scalpers
Swing traders seeking trend confirmation
Multi-timeframe analysis enthusiasts
Traders who want simple, effective trend identification
🚀 Easy Setup
Add to any chart (works on all timeframes)
Customize table position and settings
Start trading with higher timeframe awareness
Watch the table update automatically
No complex configurations needed - just add and trade!
This indicator is designed for educational and informational purposes. Always combine with proper risk management and your own analysis.
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KAPITAS TBR 12am-8:30measures the range between 12am(true day open)-8:30am and has % levels where price is sensitive and likely to reverse
Session LevelsSession Levels
Overview
Session Levels is a Pine Script v6 indicator for TradingView that plots key price levels from previous and current sessions. It overlays Previous Day High/Low, Pre-Market High/Low, Previous Close, and Today’s Open/High/Low as horizontal lines—levels that traders commonly reference as potential support/resistance. The script updates dynamically and offers customizable timing and visuals for intraday and multi-day analysis.
How It Works
Previous Day High, Low, and Close are retrieved via request.security on the daily timeframe. Pre-Market High/Low are tracked inside a user-defined window (default: 4:00–8:30 America/New_York) using timestamp and rolling math.max/math.min. Today’s Open is captured at 9:30 America/New_York, and Today’s High/Low update throughout the session. Lines are plotted with user-selectable style (solid/dotted/dashed), width, and color, and labeled (e.g., PDH, PDL, PMH, PML). Lines extend to the right for ongoing context.
Key Features
• Previous Day, Pre-Market, and Today’s levels in one view
• Custom pre-market window (America/New_York, DST-aware)
• Flexible line styles, widths, and colors
• Per-level visibility toggles
• Ongoing updates to Today’s High/Low
• Clear labels for quick identification
What It Displays
A consolidated set of session-based reference levels to help study potential support, resistance, and breakout zones across intraday and multi-day contexts.
Originality
The Pine v6 indicator implementation uses TradingView built-ins (request.security, timestamp, math.max, math.min). No external open-source code is incorporated.
Common Uses
• Day traders reviewing intraday levels and potential breakouts
• Swing traders monitoring multi-day reference zones
• Technical analysts annotating key price areas
Configuration Notes
Set the pre-market window (default: 4:00–8:30 America/New_York) and choose which levels to display (e.g., Previous Day, Pre-Market, Today’s Open). Adjust line styles, widths, and colors to fit your chart.
Legal Disclaimer
For informational and educational purposes only—not investment, financial, or trading advice. Past performance does not guarantee future results; trading involves significant risk. Provided “as is,” without warranties. Consult a qualified professional before making decisions. By using, you accept all risks and agree to this disclaimer.
EMA 9/21 Crossover + EMA 50 [AhmetAKSOY]EMA 9/21 Crossover + EMA 50
This indicator is designed for traders who want to capture short- and medium-term trend reversals using EMA 9 – EMA 21 crossovers. In addition, a customizable EMA 50 is included as a trend filter for broader market direction.
📌 Features
EMA 9 & EMA 21:
Generate buy/sell signals based on their crossovers.
Customizable EMA 50:
Helps identify the overall trend. Users can adjust both period and color.
BUY / SELL Arrows:
A BUY signal is plotted when EMA 9 crosses above EMA 21,
and a SELL signal when EMA 9 crosses below EMA 21
🔎 How to Use
Trend Following:
Buy signals above EMA 50 are generally considered stronger.
Short-Term Trading:
Focus only on EMA 9/21 crossovers.
Filtering:
Use EMA 50 as a trend filter depending on your strategy.
⚠️ Disclaimer
This indicator is not financial advice. It should not be used alone for buy/sell decisions. Always combine it with other technical tools and apply proper risk management.
Multi-Timeframe Trend TableMulti-Timeframe Trend Table
Overview
Multi-Timeframe Trend Table V1 is a Pine Script v6 indicator for TradingView that displays trend direction across multiple timeframes in a compact table. It compares a short-term moving average to a long-term moving average on timeframes from 30 seconds to 1 week and color-codes each row (green/red) for quick reading. A lightweight 30-second approximation covers ultra-short intervals.
How It Works
For each selected timeframe, the script evaluates a short-term MA (default 50) versus a long-term MA (default 200) using the user-chosen method (SMA, EMA, WMA, or HMA (Hull)). If the short-term MA is above the long-term MA, the cell shows “Up”; otherwise “Down.” Cross-timeframe values are computed with request.security. The 30-second row is an approximation that uses the midpoint of the previous 1-minute bar’s high/low as a simple proxy for ultra-short data. Results are presented in a table with configurable position and colors.
Key Features
• Multi-timeframe coverage: Up to 15 TFs (30s → 1W).
• Flexible MA methods : SMA, EMA, WMA, or HMA (Hull).
• Customizable table: Position, background, text, and trend colors.
• Selectable rows: Toggle individual timeframes.
• 30-second proxy: Uses 1-minute data midpoint for display on ultra-short TFs.
What It Displays
A single, color-coded table showing whether short-term vs. long-term MA is Up or Down on each selected timeframe—useful for checking trend alignment at a glance.
Originality
This indicator is an original Pine v6 implementation using TradingView’s built-in ta.sma, ta.ema, ta.wma, ta.hma, and request.security functions.
Common Uses
• Day traders aligning entries with higher-timeframe trend.
• Swing traders checking broader trend context.
• Analysts monitoring trend alignment across markets.
Configuration Notes
Choose MA type (default: EMA) and set short-term (default: 50) and long-term (default: 200) lengths. Select which timeframes to display and customize table position and colors to fit your chart layout.
Legal Disclaimer
This indicator is for informational and educational purposes only—not investment, financial, or trading advice. Past performance does not guarantee future results; trading involves risk of loss. Provided “as is” without warranties. Consult a qualified professional before making decisions.
Market Sentiment OscillatorMarket Sentiment Oscillator
Overview
The Market Sentiment Oscillator is a Pine Script v6 indicator for TradingView that assesses market context with a composite oscillator. It blends MACD, RSI, and Volume Price Trend (VPT) into a normalized score, with optional multi-timeframe (MTF) averaging and optional trail lines to visualize recent extremes. Weighting and normalization are used to keep the scale consistent across symbols and timeframes. A compact status table summarizes sentiment, trend, and turning-point markers.
How It Works
• Composite score: finalScore = 0.4 · MACD_hist + 0.4 · ((RSI − 50)/50) + 0.2 · VPT_norm. MACD/RSI emphasize momentum; VPT_norm (z-score of a cumulative VPT) adds volume context.
• MTF (optional): The same score is computed on a higher timeframe (default: 1H) and averaged with the chart-TF score for broader context. MTF requests use lookahead_off.
• Neutral buffer: Readings within ±0.2 (default) are treated as neutral to reduce noise.
• Markers: Early turning points are labeled Hypothetical; labels switch to Verified after a fixed bar count.
• Trails (visual only): Lines connect recent extreme highs/lows of the oscillator, with optional dashed previews and short forward extensions for illustration.
Key Features
• Composite Sentiment Score: Structured blend of MACD, RSI, and normalized VPT.
• Multi-Timeframe Context : Optional averaging with a higher timeframe score.
• Visual Trails: Extreme-to-extreme lines and optional previews for context (charting aid).
• Adaptive Coloring: Gradient or solid coloring based on direction and magnitude.
• Turning-Point Markers: Hypothetical and Verified labels for tops/bottoms.
• Status Table: Summarizes sentiment state, trend, and recent turning-point info.
• Customizable: MACD/RSI/VPT inputs, neutral zone, colors, visibility.
What It Displays
A composite, normalized view of momentum and volume context, with optional higher-timeframe blending and visual trails to help interpret shifts between bearish, neutral, and bullish conditions.
Originality
Original Pine v6 implementation using TradingView built-ins: ta.macd, ta.rsi, ta.cum, ta.sma, ta.stdev, ta.pivothigh, ta.pivotlow, and request.security.
Common Uses
• Reviewing momentum context alongside volume influence.
• Illustrating shifts between bearish/neutral/bullish conditions.
• Adding higher-timeframe context to a lower-timeframe view.
Configuration Notes
Set MACD (default 12/26/9), RSI (default 14), and VPT options. Choose a higher timeframe (default 1H) if using MTF. Adjust the neutral zone (default ±0.2), coloring mode, and visibility of trails and table.
Repainting & Limitations
• MTF: Uses lookahead_off to avoid higher-timeframe repainting.
• Pivots/labels: Turning-point pivots are verified only after the required right bars close; “Hypothetical” labels are early and may update intra-bar.
• Trails/previews: Visual aids only; previews and short forward extensions can update while a bar is forming.
Legal Disclaimer
This indicator is for informational and educational purposes only—not investment, financial, or trading advice. Past performance does not guarantee future results; trading involves risk of loss. Provided “as is” without warranties. Consult a qualified professional before making decisions.
Gap ZonesThis TradingView indicator automatically detects daily price gaps and plots them clearly on any timeframe (intraday or daily).
It helps visualize where unfilled gaps are sitting, track whether they’ve been filled, and control how far the zone extends.
Key Features
1. Daily Gap Detection
• Works even when you’re on intraday charts (uses daily OHLC data).
• Marks both gap up (potential support zones) and gap down (potential resistance zones).
2. Shaded Gap Zones
• Each gap is highlighted as a band (greenish for up, reddish for down).
• Option to turn shading off if you just want horizontal lines.
3. Hide When Filled
• Once price closes or touches the far side of the gap, it disappears (configurable: Touch vs Close).
4. Lookback Window
• Gaps only show if they occurred within the past X trading days (default: 30).
• Prevents your chart from being cluttered with ancient gaps.
5. Multiple Gaps Tracked
• Can track up to 5 recent gaps simultaneously.
• Oldest gaps “roll off” as new ones form.
6. Finite Right-Edge Guides
• Optional horizontal guide lines extend to the right, but only for a fixed number of bars (default: 50).
• Cleaner than infinite extensions.
7. Gap-Day Marker
• Optional vertical line drawn on the bar where the gap first occurred.
⸻
⚙️ Inputs & Settings
When you apply the indicator, you’ll see these options:
• Lookback (trading days): How far back to scan for gaps (default 30).
• Max gaps to show (1..5): How many simultaneous gap zones to display.
• Min gap size (% of prior close): Filter out tiny gaps (default 0.25%).
• Hide gaps once filled: Removes a gap from the chart once filled.
• Fill rule uses CLOSE (off = Touch):
• Touch = filled when price trades through the level intraday.
• Close = filled only when a candle close crosses it.
• Show shading: Toggle zone fills on/off.
• Show vertical marker on gap day: Toggle gap-day marker line.
• Show finite right-edge lines: Toggle horizontal lines extending right.
• Right line length (bars): How far those lines extend (default 50 bars).
⸻
🟢 How to Use It
1. Apply on Any Chart
• Works best on daily or intraday (5m, 15m, 1h).
• Gaps are always calculated from daily data, so intraday charts will show higher-timeframe gaps correctly.
2. Interpret Colors
• Green shading = Gap Up (often acts as support).
• Red shading = Gap Down (often acts as resistance).
3. Watch for Fills
• When price re-enters the gap zone, the indicator checks if it’s “filled” (based on your Touch/Close setting).
• If “Hide When Filled” is on, the zone vanishes.
4. Trade Context
• Many traders use gaps as targets (expecting a fill) or levels of support/resistance.
• Combined with your bull put/bear call spread strategies, it helps confirm strong levels.
Illustrative Pattern DetectorIllustrative Pattern Detector
Overview
This Pine Script v6 indicator visualizes a linear-regression channel and highlights potential consolidation zones using range, ATR, and volume criteria. It also computes an estimated up/down volume imbalance (derived from OHLC/volume, not tick-level order flow) to annotate zones with possible footprint markers. It’s intended for chart study and illustration.
How It Works
• Regression Channel: The midline uses ta.linreg over a user-selected lookback (default 100 bars). Upper/lower bands are ±(deviation × multiplier) using ta.stdev. Midline/bands can be colored by a simple trend heuristic (pivot highs/lows and recent slope).
• Consolidation Zones: A zone is “tight” when the price range over a window (default 20 bars) is small relative to ATR (multiplier 1.5) and the window’s average volume exceeds a longer lookback average (5× the box length, multiplier 1.5).
• Estimated Imbalance (Heuristic): Volume in each bar is apportioned to “up”/“down” using the bar’s position within its high-low range. The cumulative difference over the zone is compared to a threshold (default 2.0 × ATR × window). This is a proxy signal—not true bid/ask delta—and is used only to annotate zones that already meet the consolidation criteria.
Key Features
• Regression Channel: Midline with deviation bands; optional trend-based coloring.
• Consolidation Detection: Tight-range + elevated-volume zones using ATR and moving averages.
• Heuristic Footprint Markers: Optional labels when the estimated imbalance exceeds a user threshold.
• Customizable Visuals: Toggle channels, boxes, labels; choose colors and lookbacks.
What It Displays
The script overlays a regression channel and, when conditions are met, draws boxes around recent tight-range, higher-volume areas. If the heuristic imbalance exceeds the threshold, a label is added to the box for study purposes.
Originality
Built in Pine v6 using TradingView built-ins: ta.linreg, ta.stdev, ta.highest, ta.lowest, ta.atr, ta.sma.
Configuration Notes
Adjust channel lookback (default 100) and deviation multiplier (default 2.0). For zones, set the box length (default 20), ATR multiplier (1.5), volume multiplier (1.5), and imbalance threshold (2.0). Enable/disable labels and color modes as desired.
Important Notes
This indicator uses a heuristic approximation of imbalance from OHLC/volume and does not measure real order-flow or tick-by-tick delta. It is intended for educational/chart-illustration use only.
Legal Disclaimer
For informational and educational purposes only—not investment, financial, or trading advice. Past performance does not guarantee future results. Trading involves risk of loss. Provided “as is” without warranties. Consider consulting a qualified professional.
VWAP (Bullish/Bearish Coloring)VWAP (Bullish/Bearish Coloring)
Overview
VWAP (Bullish/Bearish Coloring) is a Pine Script v6 indicator for TradingView that plots a Volume-Weighted Average Price (VWAP) with customizable anchor periods and optional upper/lower bands. It can apply peak/trough-based coloring to reflect recent swing direction. Optional resets tied to corporate actions help maintain continuity over longer periods. It is commonly used to review dynamic support/resistance behavior across timeframes.
How It Works
The indicator computes VWAP using TradingView’s ta.vwap, weighting the selected price source (default: HLC3) by volume and resetting at user-defined anchors (e.g., Session, Week, Month, Earnings). Bands are calculated using either standard deviation or percentage offsets (default multipliers: 1.0, 2.0, 3.0). Peak/trough detection (ta.pivothigh, ta.pivotlow, default lookback: 5 bars) can color the VWAP and bands to reflect recent swing context. Optional resets can reference request.earnings, request.dividends, and request.splits. The VWAP can be hidden on daily or higher timeframes.
Key Features
• Dynamic VWAP Calculation: Resets at user-selected anchors (Session, Week, Month, Quarter, Year, Decade, Century, Earnings, Dividends, Splits).
• Peak/Trough Coloring: Optional swing-based coloring for VWAP and bands.
• Customizable Bands: Up to three band pairs using standard deviation or percentage offsets.
• Flexible Anchors: Time-based or corporate-action-based resets.
• Customizable Visuals: Adjustable colors, opacity, and offsets.
• Timeframe Option: Hide VWAP on daily or higher timeframes.
What It Displays
A VWAP line with optional bands and swing-based coloring, plus flexible anchor resets to align the measure with the user’s analysis framework. This provides a flexible tool for assessing trend context and potential support/resistance behavior across symbols and timeframes.
Originality
Pine v6 implementation using TradingView’s built-ins: ta.vwap, ta.pivothigh, ta.pivotlow, request.earnings, request.dividends, and request.splits.
Common Ways People Use It
• Intraday VWAP as a dynamic reference area.
• Swing alignment with broader context via alternative anchors.
• Reviewing volume-weighted price behavior with optional swing cues.
Configuration Notes
Choose the anchor period (default: Session), price source (default: HLC3), and band multipliers (default: 1.0/2.0/3.0). Optionally enable peak/trough coloring and toggle band visibility as needed.
Legal Disclaimer
This indicator is for informational and educational purposes only—not investment, financial, or trading advice. Past performance does not guarantee future results; trading involves significant risk. Provided “as is” without warranties. Consider consulting a qualified professional before making decisions.
Enhanced Multi-Timeframe EMA + RSI Arrows (4H/8H)A precise, higher timeframe trading indicator combining:
• Multi-timeframe EMAs (5m, 15m, 1h) for trend alignment
• Daily EMA 200 as visual trend reference
• RSI filter to confirm momentum
• EMA 15m slope + candle confirmation for stronger signals
• Alternating arrows to reduce repeated signals
• Background shading between EMA 1h and EMA 15m (green/red, 15% opacity)
✅ Works automatically on 4H and 8H charts
✅ Arrows appear only when price, EMA slope, and RSI align
✅ Alerts available for both long and short signals
Ideal for traders seeking high-probability entries with minimal false signals.
How to Use:
1. Apply the indicator on a 4H or 8H chart.
2. Use the Daily EMA 200 as a trend reference.
3. Look for green/red arrows as precise entry points.
4. Combine with proper risk management and trade strategy.
Dynamic S/R Zones (Verified Pivots)Dynamic S/R Zones (Verified Pivots)
Overview
Dynamic S/R Zones is a Pine Script v6 indicator for TradingView that draws support/resistance (S/R) zones and Fibonacci retracement levels from verified pivot points. It plots minor S/R on the current timeframe and major S/R from a user-selected higher timeframe. Optional verification logic colors Fibonacci levels when price action or a trend filter aligns. The tool is intended for chart study and annotation.
How It Works
Pivots → S/R: Minor levels come from ta.pivothigh/ta.pivotlow on the chart’s timeframe. Major levels use request.security(lookahead=barmerge.lookahead_off) to read higher-timeframe data without lookahead. A distance buffer deduplicates nearby levels.
Labels & Coloring: Each level is shown as support or resistance based on the bar’s close relative to the level. When enabled, coloring reflects which side of the level price is on.
Fibonacci (33%, 50%, 66%): Fibs are drawn between the most recent verified swing high/low pair. No real-time/unverified pivots are used.
Verification Modes (optional):
Bounce/Reject: A level is marked “verified” when a bar closes at/above (bounce) or at/below (rejection) that level.
Trend-Based: Levels are marked when price closes through the level in the direction of either the most recent swing (pivot-based) or an HTF EMA filter (default: 21/50 EMAs on a user-set HTF).
When a level becomes verified, its color updates and a small arrow can be plotted at the bar where verification occurred.
Key Features
• Minor (current TF) and major (HTF) S/R from verified pivots.
• Optional Fibonacci 33% / 50% / 66% retracements from the latest verified swing.
• Two optional verification styles: bounce/rejection or trend-based (pivot or HTF EMA).
• Side-of-level coloring and compact labels for quick context.
• Adjustable pivot strength, lookback range, HTF selection, colors, and visibility.
What It Displays
The indicator visualizes pivot-derived S/R levels, optional Fibonacci retracements, and—when enabled—verification marks that indicate where price action or trend criteria aligned with a level. It’s designed to help document areas of interest on charts across assets and timeframes.
No-Repaint Notes
• Uses verified pivots only (no real-time/unconfirmed pivots).
• HTF series are requested with lookahead off.
• Verification occurs on bar close conditions.
Originality
Original Pine v6 implementation using TradingView built-ins: ta.pivothigh, ta.pivotlow, ta.ema, and request.security.
Configuration Notes
Set Pivot Strength (e.g., 5), Lookback Range (e.g., 300), and choose an HTF (e.g., Daily) for major S/R. Enable Fibonacci and choose a Verification Mode (bounce/reject or HTF trend-based). Toggle arrows/labels and adjust colors to fit your chart style.
Legal Disclaimer
This indicator is for informational and educational purposes only and does not constitute investment, financial, or trading advice. Markets involve risk, and past results do not guarantee future outcomes. Provided “as is” without warranties. Consider consulting a qualified professional before making decisions.
ICT Macros - CorrigéThis indicator is designed to help traders apply the concepts of ICT (Inner Circle Trader) by providing a clear and accurate visualization of market macros directly on the chart. Instead of manually drawing levels or constantly switching between timeframes, the indicator automatically highlights the key reference points that form the backbone of ICT analysis.
Key Features:
Automatic Macro Visualization: identifies and displays market macros as defined in ICT concepts, making it easier to recognize institutional levels.
Timeframe Flexibility: adapts to different chart periods, allowing traders to align intraday setups with higher timeframe structures.
Clean and Efficient Display: focuses only on the most relevant information, avoiding clutter and making the chart more readable.
Strategic Decision Support: provides essential context for ICT-based strategies, including identifying market direction, liquidity pools, and potential reversal zones.
Why Use It?
This indicator is built for traders who follow ICT methodology and want a reliable tool to instantly spot macro structure without wasting time on repetitive manual work. By combining precision with clarity, it enhances situational awareness and supports better decision-making in both intraday and swing trading.
Advanced Institucional Trading IndicatorThe Advanced Institutional Trading Indicator is a comprehensive technical analysis tool that combines four institutional trading concepts to identify where large market participants hunt liquidity, establish positions, and create supply/demand imbalances. The indicator integrates pivot-based reversal signals, liquidity sweep detection, volumetric order blocks, and equal highs/lows identification into a unified framework for analyzing institutional footprints in the market.
What It Detects
Pivot-Based Reversal Signals: Swing highs/lows marking potential trend reversals
Liquidity Sweeps: False breakouts indicating institutional stop-hunting
Volumetric Order Blocks: Supply/demand zones with buying vs selling pressure ratios
Equal Highs/Lows (EQH/EQL): Liquidity pools where stops cluster
In Practice
Traders can watch for equal highs/lows near order blocks, wait for sweeps of these levels as confirmation of liquidity capture, then look for reversal signals to time entries with the expectation that institutions have now positioned themselves and the true directional move can begin.
Logic used
Pivots: Standard functions with configurable periods, signals when swing type alternates
Sweeps: Detects brief violations of swing levels with cooldown filter
Order Blocks: Three-candle volume split into buying/selling pressure, filtered by ATR
Equal Levels: Compares consecutive pivots within ATR-based threshold
Visual representation
Reversal Signals: Green "Buy-point"/red "Sell-point" labels.
Sweeps: Dashed lines with "Sweep" text and swing markers.
Order Blocks: Colored boxes with volumetric bars and percentages.
Equal Levels: Golden lines with $ symbols.
Customization options
Pivot Length, Cooldown Period, Swing Length, Zone Count (1/3/5/10), ATR Multiplier, Threshold, customizable colors and styles.
Recommendations for use: Lower timeframes use smaller parameters (5-15 pivot, 20-35 swing). Higher timeframes use larger (20-50 pivot, 50-100 swing). Adjust for volatility.
Originality and value
While this indicator utilizes established concepts from institutional trading methodology (particularly Smart Money Concepts and ICT principles), its value proposition includes:
- Integration: Combines four complementary analysis tools into a single cohesive framework rather than requiring multiple separate indicators
- Volumetric Enhancement: Adds quantitative volume analysis to order blocks, showing not just where institutions positioned but how much buying vs selling pressure existed
- Automated Zone Management: Intelligently combines overlapping order blocks to reduce visual noise while preserving essential information
- Intelligent Filtering: Uses ATR-based thresholds for equal highs/lows and maximum order block size, adapting to market volatility
- Coordinated Signaling: All components reference similar swing detection logic, creating alignment between different institutional footprint indicators
Disclaimer
This indicator is a technical analysis tool and does not constitute financial advice.
/////Descripcion en español/////
El Advanced Institutional Trading Indicator combina cuatro conceptos institucionales—reversiones por pivotes, barridos de liquidez, bloques volumétricos y niveles iguales—para identificar dónde grandes participantes cazan liquidez y establecen posiciones.
Qué detecta
1. Reversiones por Pivotes: Máximos/mínimos marcando cambios de tendencia
2. Barridos de Liquidez: Falsas roturas indicando caza de stops institucional
3. Bloques Volumétricos: Zonas oferta/demanda con ratios presión compradora/vendedora
4. Niveles Iguales (EQH/EQL): Pools de liquidez donde se agrupan stops
Cómo usarlo
Observar niveles iguales cerca de bloques, esperar barridos como confirmación de captura de liquidez, entrar con señales de reversión cuando instituciones se han posicionado.
Lógica utilizada
- Pivotes: Funciones estándar configurables, señaliza cuando alternan
- Barridos: Detecta violaciones breves con filtro de enfriamiento
- Bloques: Volumen de tres velas dividido en presión compradora/vendedora, filtrado por ATR
- Niveles Iguales: Compara pivotes consecutivos dentro de umbral ATR
Representación visual
Señales: Etiquetas "Buy/Sell-point" verdes/rojas. Barridos: Líneas punteadas con "Sweep" y marcadores swing. Bloques: Cajas con barras volumétricas y porcentajes. Niveles: Líneas doradas con símbolo $.
Configuraciones clave
Pivot Length, Cooldown Period, Swing Length, Zone Count (1/3/5/10), ATR Multiplier, Threshold, colores y estilos personalizables.
Consejos: Marcos menores usan parámetros pequeños (5-15 pivot, 20-35 swing). Marcos mayores usan grandes (20-50 pivot, 50-100 swing). Ajustar según volatilidad.
Originalidad
Integra cuatro herramientas en un marco. Añade análisis volumétrico a bloques. Combina automáticamente zonas superpuestas. Usa filtrado adaptativo basado en ATR. Alinea componentes con lógica unificada basada en Smart Money/ICT.
Descargo
Herramienta de análisis técnico, no asesoramiento financiero.
MFx Radar (Money Flow x-Radar)Description:
MFx Radar is a precision-built multi-timeframe analysis tool designed to identify high-probability trend shifts and accumulation/distribution events using a combination of WaveTrend dynamics, normalized money flow, RSI, BBWP, and OBV-based trend biasing.
Multi-Timeframe Trend Scanner
Analyze trend direction across 5 customizable timeframes using WaveTrend logic to produce a clear trend consensus.
Smart Money Flow Detection
Adaptive hybrid money flow combines CMF and MFI, normalized across lookback periods, to pinpoint shifts in accumulation or distribution with high sensitivity.
Event-Based Labels & Alerts
Minimalist "Accum" and "Distr" text labels appear at key inflection points, based on hybrid flow flips — designed to highlight smart money moves without clutter.
Trigger & Pattern Recognition
Built-in logic detects anchor points, trigger confirmations, and rare "Snake Eye" formations directly on WaveTrend, enhancing trade timing accuracy.
Visual Dashboard Table
A real-time table provides score-based insight into signal quality, trend direction, and volume behavior, giving you a full picture at a glance.
MFx Radar helps streamline discretionary and system-based trading decisions by surfacing key confluences across price, volume, and momentum all while staying out of your way visually.
How to Use MFx Radar
MFx Radar is a multi-timeframe market intelligence tool designed to help you spot trend direction, momentum shifts, volume strength, and high-probability trade setups using confluence across price, flow, and timeframes.
Where to find settings To see the full visual setup:
After adding the script, open the Settings gear. Go to the Inputs tab and enable:
Show Trigger Diamonds
Show WT Cross Circles
Show Anchor/Trigger/Snake Eye Labels
Show Table
Show OBV Divergence
Show Multi-TF Confluence
Show Signal Score
Then, go to the Style tab to adjust colors and fills for the wave plots and hybrid money flow. (Use published chart as a reference.)
What the Waves and Colors Mean
Blue WaveTrend (WT1 / WT2). These are the main momentum waves.
WT1 > WT2 = bullish momentum
WT1 < WT2 = bearish momentum
Above zero = bullish bias
Below zero = bearish bias
When WT1 crosses above WT2, it often marks the beginning of a move — these are shown as green trigger diamonds.
VWAP-MACD Line
The yellow fill helps spot volume-based momentum.
Rising = trend acceleration
Use together with BBWP (bollinger band width percentile) and hybrid money flow for confirmation.
Hybrid Money Flow
Combines CMF and MFI, normalized and smoothed.
Green = accumulation
Red = distribution
Transitions are key — especially when price moves up, but money flow stays red (a divergence warning).
This is useful for spotting fakeouts or confirming smart money shifts.
Orange Vertical Highlights
Shows when price is rising, but money flow is still red.
Often a sign of hidden distribution or "exit pump" behavior.
Table Dashboard (Bottom-Right)
BBWP (Volatility Pulse)
When BBWP is low (<20), it signals consolidation — a breakout is likely to follow.
Use this with ADX and WaveTrend position to anticipate directional breakouts.
Trend by ADX
Shows whether the market is trending and in which direction.
Combined with money flow and RSI, this gives strong confirmation on breakouts.
OBV HTF Bias
Gives higher timeframe pressure (bullish/bearish/neutral).
Helps avoid taking counter-trend trades.
Pattern Labels (WT-Based)
A = Anchor Wave — WT hitting oversold
T = Trigger Wave — WT turning back up after anchor
👀 = Snake Eyes — Rare pattern, usually signaling strong reversal potential
These help in timing entries, especially when they align with other signals like BBWP breakouts, confluence, or smart money flow flips.
Multi-Timeframe (MTF) Consensus
The system checks WaveTrend on 5 different timeframes and gives:
Color-coded signals on each TF
A final score: “Mostly Up,” “Mostly Down,” or “Mixed”
When MTFs align with wave crosses, BBWP expansion, and hybrid money flow shifts, the probability of sustained move is higher.
Divergence Spotting (Advanced Tip)
Watch for:Price rising while money flow is red → Possible trap / early exit
Price dropping while money flow is green → Early accumulation
Combine this with anchor-trigger patterns and MTF trend support for spotting bottoms or tops early.
Final Tips
Use WT trigger crosses as initial signal. Confirm with money flow direction + color flip
Look at BBWP for breakout timing. Use table as your decision dashboard
Favor trades that align with MTF consensus
