RDW Pivot DetectorThe RDW Pivot Detector is a versatile Pine Script indicator designed to identify and visualize pivot points in price action, enhancing traders' ability to spot potential reversals and continuation zones. This script includes dynamic support and resistance levels, giving traders a clearer understanding of market structure and trends.
Key Features:
Pivot Point Detection:
Identifies both regular and missed pivot points (highs and lows).
Displays labels for pivot highs (▼) and pivot lows (▲) with customizable colors and tooltips.
Missed pivots are marked with 👻 symbols for better clarity.
Dynamic Support & Resistance:
Tracks support and resistance levels using the lowest low and highest high within a user-defined lookback period.
Customizable Visualization:
Dashed lines for missed pivots, and solid lines for valid pivots.
Custom color options for both regular and missed pivots.
RS Rating (Relative Strength Filter):
Integrates a dummy RS rating to highlight buy signals based on user-defined thresholds.
How to Use:
Add to Chart:
Open TradingView and apply the script to your desired asset chart.
Setup Options:
Pivot Length: Adjust the sensitivity of pivot detection.
Display Preferences:
Toggle regular (▼, ▲) or missed (👻) pivots using the options in the settings menu.
Colors: Customize pivot label and line colors to suit your charting preferences.
Dynamic Levels:
Enable the dynamic support and resistance to monitor key price levels and adjust the "Lookback Period" to align with your trading strategy.
RS Rating Integration:
Use the RS rating filter for buy signal generation. Adjust the threshold (default is 40) to match your criteria for identifying strong stocks.
Interpret Signals:
Buy Signal: Triggered when RS Rating exceeds the user-defined threshold. Combine this with identified pivot lows (▲) for potential entry zones.
Sell Signal: Look for pivot highs (▼) near resistance levels to anticipate potential selling opportunities.
Recommendations:
Use the RDW Pivot Detector alongside other technical indicators for confirmation, such as moving averages or oscillators.
Test the settings on multiple timeframes and markets to find optimal parameters that align with your trading strategy.
Combine missed pivots and dynamic levels for trend-following or reversal strategies.
This script is a powerful tool for identifying key market levels and can be customized to fit any trading style!
Analizy Trendu
RDW Pivot DetectorThe RDW Pivot Detector is a versatile Pine Script indicator designed to identify and visualize pivot points in price action, enhancing traders' ability to spot potential reversals and continuation zones. This script includes dynamic support and resistance levels, giving traders a clearer understanding of market structure and trends.
Key Features:
Pivot Point Detection:
Identifies both regular and missed pivot points (highs and lows).
Displays labels for pivot highs (▼) and pivot lows (▲) with customizable colors and tooltips.
Missed pivots are marked with 👻 symbols for better clarity.
Dynamic Support & Resistance:
Tracks support and resistance levels using the lowest low and highest high within a user-defined lookback period.
Customizable Visualization:
Dashed lines for missed pivots, and solid lines for valid pivots.
Custom color options for both regular and missed pivots.
RS Rating (Relative Strength Filter):
Integrates a dummy RS rating to highlight buy signals based on user-defined thresholds.
How to Use:
Add to Chart:
Open TradingView and apply the script to your desired asset chart.
Setup Options:
Pivot Length: Adjust the sensitivity of pivot detection.
Display Preferences:
Toggle regular (▼, ▲) or missed (👻) pivots using the options in the settings menu.
Colors: Customize pivot label and line colors to suit your charting preferences.
Dynamic Levels:
Enable the dynamic support and resistance to monitor key price levels and adjust the "Lookback Period" to align with your trading strategy.
RS Rating Integration:
Use the RS rating filter for buy signal generation. Adjust the threshold (default is 40) to match your criteria for identifying strong stocks.
Interpret Signals:
Buy Signal: Triggered when RS Rating exceeds the user-defined threshold. Combine this with identified pivot lows (▲) for potential entry zones.
Sell Signal: Look for pivot highs (▼) near resistance levels to anticipate potential selling opportunities.
Recommendations:
Use the RDW Pivot Detector alongside other technical indicators for confirmation, such as moving averages or oscillators.
Test the settings on multiple timeframes and markets to find optimal parameters that align with your trading strategy.
Combine missed pivots and dynamic levels for trend-following or reversal strategies.
This script is a powerful tool for identifying key market levels and can be customized to fit any trading style!
FuTech : IPO Lock-in Ends FuTech: Lock-in Ends - First ever unique Indicator on the TradingView platform
Hello Everyone !
Introducing the first-ever unique indicator on the TradingView platform to track the lock-in period expiry dates for IPOs.
The FuTech Lock-in Ends Indicator is specifically designed to assist traders and investors in identifying the key dates when lock-in periods for IPO shares come to an end.
This provides an edge in preparing for potential market movements driven by buying or selling pressures associated with significant share volumes.
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Key Features:
1. Tracks Multiple Lock-in Periods:
- Identifies dates when the 30 days, 90 days, 6 months, and 18 months lock-in periods for IPO shares expire.
- Helps traders anticipate potential market action driven by share releases.
2. IPO Lock-in Ends dates as per Compliance with SEBI Guidelines:
- SEBI (Securities and Exchange Board of India) mandates lock-in periods for IPO shares based on investor categories:
- A) Promoters:
- Lock-in period reduced to 18 months for up to 20% of post-issue paid-up capital (previously 3 years).
- For shareholding exceeding 20%, the lock-in period is further reduced to 6 months (previously 1 year).
- B) Anchor Investors:
- 50% of allotted shares: Lock-in period of 90 days from the date of allotment.
- Remaining 50% of shares: Lock-in period of 30 days from the date of allotment.
- C) Non-promoters:
- Lock-in period reduced to 6 months (previously 1 year).
After these lock-in periods end, investors may buy / sell their shares, which can result in significant market activity.
3. Visual Indicator on Charts:
- The indicator draws vertical lines on the TradingView chart at the respective lock-in expiry dates.
- Alerts users in advance about potential market activity due to the release of locked shares.
- Traders can use these alerts to prepare for positions or adjust their existing holdings accordingly.
4. Customizable Settings:
- Users can modify the color of the labels and width of the lines to suit their preferences and enhance chart visibility.
5. User-defined Allotment Dates:
- If the allotment date is known, users can input this information directly. The indicator will then calculate the lock-in period dates based on the provided allotment date, ensuring precise results.
- If no allotment date is entered, the default calculation assumes the allotment date to be three trading days prior to the listing date .
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Important Notes:
- Allotment Date Calculation:
- In the absence of user-defined allotment dates, the indicator estimates the allotment date as three trading days prior to the listing date .
- This approximation may deviate by one to two days from the actual event for certain IPOs.
- Proactive Alerts:
- Most dates are intentionally marked 1-2 days in advance to give traders sufficient time to act, whether for taking new positions or squaring off existing ones to avoid unfavorable losses.
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The FuTech Lock-in Ends Indicator is a must-have tool for IPO traders and investors looking to stay ahead of market movements. Use it to track key dates and plan your trading strategy effectively with FuTech : Chart is Art.
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Thank you !
Boost, Share, Follow, and Enjoy with FuTech!
Jai Swaminarayan Dasna Das !
He Hari ! Bas Ek Tu Raji Tha !
FuTech : IPO Lock-in Ends FuTech: Lock-in Ends - First ever unique Indicator in TradingView platform
Introducing the first-ever indicator on the TradingView platform to track the lock-in period expiry dates for IPOs.
The FuTech Lock-in Ends Indicator is specifically designed to assist traders and investors in identifying the key dates when lock-in periods for IPO shares come to an end.
This provides an edge in preparing for potential market movements driven by buying or selling pressures associated with significant share volumes.
=============================================================
Key Features of this FuTech : Lock-in Ends Indicator :
1. Tracks Multiple Lock-in Periods:
- Identifies dates when the 30 days, 90 days, 6 months, and 18 months lock-in periods for IPO shares expire.
- Helps traders anticipate potential market action driven by share releases on the specific dates.
2. IPO Lock-in Ends dates as per Compliance with SEBI Guidelines:
SEBI (Securities and Exchange Board of India) mandates lock-in periods for IPO shares based on investor categories:
A) Promoters:
a) Lock-in period reduced to 18 months for up to 20% of post-issue paid-up capital (previously 3 years).
b) For shareholding exceeding 20%, the lock-in period is further reduced to 6 months (previously 1 year).
B) Anchor Investors:
a) 50% of allotted shares: Lock-in period of 90 days from the date of allotment.
b) Remaining 50% of shares: Lock-in period of 30 days from the date of allotment.
C) Non-promoters:
a) Lock-in period reduced to 6 months (previously 1 year).
After these lock-in periods end, investors may buy / sell their shares, which can result in significant market activity.
3. Visual Indicators on Charts:
- The indicator draws vertical lines on the TradingView chart at the respective lock-in expiry dates.
- Alerts users in advance about potential market activity due to the release of locked shares.
- Traders can use these alerts to prepare for positions or adjust their existing holdings accordingly.
4. Customizable Settings:
- Users can modify the color of the labels and width of the lines to suit their preferences and enhance chart visibility.
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Important Notes:
a) IPO Shares Allotment Date Calculation:
- The allotment date, being a pre-listing event, is not available in TradingView's database.
- For accuracy, the indicator estimates the allotment date as three trading days prior to the listing date .
- This approximation may deviate by one to two days from the actual event for certain IPOs.
b) Proactive Alerts:
- Most dates are intentionally marked 1-2 days in advance to give traders sufficient time to act, whether for taking new positions or squaring off existing ones to avoid unfavorable losses.
=============================================================
The FuTech Lock-in Ends Indicator is a must-have tool for IPO traders and investors looking to stay ahead of market movements.
Use it to track key Lock-in Period end dates after the listing of any shares and plan your trading strategy effectively with FuTech : Chart is Art.
=============================================================
Thank you !
Boost, Share, Follow, and Enjoy with FuTech!
Jai Swaminarayan Dasna Das !
He Hari ! Bas Ek Tu Raji Tha !
ENIGMA ENDGAME with Dynamic Trend-Based FibonacciOverview:
The *ENIGMA ENDGAME with Dynamic Trend-Based Fibonacci* indicator is designed for traders seeking precision in identifying high-probability trade opportunities based on dynamic Fibonacci retracement levels. By combining trend analysis, Fibonacci filtering, and session-based logic, this indicator provides actionable buy and sell signals with a strong foundation in technical analysis.
Features:
1. **Dynamic Trend-Based Fibonacci Levels:**
- Automatically calculates Fibonacci retracement levels based on the current market trend (uptrend or downtrend).
- Levels dynamically adjust to the latest swing high/low, providing an evolving view of key price areas.
2. **Customizable Fibonacci Levels:**
- Configure up to four Fibonacci levels (e.g., 50%, 61.8%, 72%, 99%) to tailor the indicator to your trading strategy.
- Default levels are pre-set but can be adjusted for unique market approaches.
3. **Kill Zones for Session Filtering:**
- Filters trades based on predefined trading sessions (London and US).
- Easily configurable to match your trading hours or preferences.
4. **Buy and Sell Signals:**
- **Buy Signals**: Triggered during uptrends when the price pulls back to Fibonacci support levels.
- **Sell Signals**: Triggered during downtrends when the price retraces to Fibonacci resistance levels.
- Signal shapes (green triangles for buys, red triangles for sells) make them visually clear on the chart.
5. **Customizable Historical Signals:**
- Control how many past signals are displayed to maintain a clean chart while tracking historical performance.
6. **Alerts for Trade Opportunities:**
- Alerts for buy and sell signals allow traders to stay informed even when away from the screen.
How to Use:
1. **Trend-Based Fibonacci Analysis:**
- Enable the indicator on any instrument and timeframe.
- Monitor the Fibonacci levels dynamically calculated based on the most recent market trend (uptrend/downtrend).
2. **Kill Zones for Sessions:**
- Adjust the London and US session times under the **Inputs** tab to match your trading style.
- Signals outside these sessions are filtered, reducing noise during low-liquidity periods.
3. **Fibonacci Level Configuration:**
- Modify the Fibonacci retracement levels (e.g., 50%, 61.8%, etc.) under **Inputs** to fit your specific strategy.
- Ensure levels align with your desired retracement/resistance zones for trades.
4. **Buy/Sell Signal Confirmation:**
- Look for buy signals (green triangles) during uptrends when the price retraces to dynamic Fibonacci support levels.
- Look for sell signals (red triangles) during downtrends when the price retraces to dynamic Fibonacci resistance levels.
5. Alerts:
- Configure alerts under **TradingView Alerts** to be notified of buy or sell opportunities in real time.
Inputs and Default Settings:
- **Kill Zones:**
- London Start Hour: 1 UTC
- London End Hour: 23 UTC
- US Start Hour: 8 UTC
- US End Hour: 23 UTC
- **Swing Lookback Period:** 6
- **Fibonacci Levels:**
- Level 1: 50% (default)
- Level 2: 61.8% (default)
- Level 3: 72% (default)
- Level 4: 99% (default)
- **Maximum Historical Signals:** 30
- **Lookback Periods for Confirmation:**
- Minimum: 3
- Maximum: 18
Best Practices:
- Use this indicator in combination with price action or other tools to confirm trade setups.
- Ensure your Fibonacci levels align with known key levels on higher timeframes for increased accuracy.
- Monitor session activity using the kill zones to avoid trades during low-volume periods.
IchimokuMultiTFThis is an extension of the indicator by HPotter. When price is above cloud, and Tenkan is above Kijun it's a pretty high probably setup when looking for a bullish entry. The cloud will act as support. The opposite is true for bullish. The thicker the cloud the healthier the trend and better support. When price is in the cloud stay out. Try not to enter trades away from support lines to keep risk low. Playing a higher tf combined while on a lower tf chart is most ideal. Such as a 4hr indicator timeframe setting in a 30 min chart or 1hr setting while trading a 5 minute chart. The lines within in the cloud will fill at the time of calculation. Green is bullish, red bearish and white is chop. Happy trading! Note this is not a stand alone indicator and should be used in conjunction with a solid trading strategy.
Relative Price Position Flow (RPPF)Market work by short and long players positions. By commodities, players buy or sell positions based in market expectations. The volume of negotiations defines the optimum point to buy or sell. It means how much more volume in a price line, much of the players thinking this is the real value. So, in this indicator I calculate the volume of trades for some price line. And divide it to the total volume, to define whats the historical price line optimum. The diference between the actual price to the historical optimum trade, define some directions of the market. Some times the price is bigger, and sometimes it is smaller.
By experience, after some times the price is deviated to the flow price, it will search a compensation, starting a reversion movement.
TEMA ve TRIX KesişimleriTEMA ve TRIX Kesişimlerini gösteren basit kod kesişimlere göre trend takibi yapılabilir
Bollinger Bubble BreakoutThe Bollinger Bubble Breakout (BBB) indicator is a tool for analyzing price movements using Bollinger Bands combined with additional moving averages. It is based on the idea, known as the "Bollinger Bubble Theory," that when a candle closes outside the Bollinger Bands, the price often returns quickly to the 7-period Exponential Moving Average (EMA).
Bollinger Bands are made up of a middle line, which is typically a moving average, and two outer bands that represent standard deviations from this line. These bands help identify when the price is overbought or oversold. The BBB indicator builds on this by adding customizable options for the middle line, allowing the user to choose between different types of moving averages, such as SMA or EMA.
The indicator provides visual signals when the price moves outside the bands. A buy signal appears when the price closes below the lower band, and a sell signal appears when it closes above the upper band. These signals are marked directly on the chart for clarity.
The BBB indicator also includes options to display a 7-period EMA and a 200-period SMA. The EMA shows the short-term reversion level, while the SMA helps identify the overall trend. This combination of tools makes the BBB indicator useful for spotting price reversals and understanding the market's trend context.
This indicator is easy to use and helps traders identify opportunities when price action becomes extreme. It is particularly helpful for those who look for mean reversion setups or want to combine short-term signals with long-term trend analysis.
Neural Network Showcase | Alien_Algorithms V6Description of the Pine Script Neural Network Code (Version 6)
This script demonstrates the use of a simple neural network within Pine Script, showcasing concepts like weight initialization, feedforward, backpropagation, and loss curve visualization. It is intended for educational purposes and applies neural network logic to financial time-series data based on the originality of Alien_Algorithms.
Neural Network Showcase | Alien_Algorithms V6Description of the Pine Script Neural Network Code (Version 6)
This script demonstrates the use of a simple neural network within Pine Script, showcasing concepts like weight initialization, feedforward, backpropagation, and loss curve visualization. It is intended for educational purposes and applies neural network logic to financial time-series data based on the originality of Alien_Algorithms.
Support and Resistance [THAMIM]Here are some Details about identifying support and resistance:
Trendlines: Draw trendlines using two or three peaks and troughs. The uptrend line is the support level.
Peaks and troughs: Identify the highest peak and lowest point on the chart, and mark each. In a downtrend, the support level is the lower-low peak.
Pivot points: Use the prior period's high, low, and close to estimate future support and resistance levels.
Technical analysis: Use technical analysis techniques to identify where the price movement has halted or reversed.
Moving averages: Use moving averages to identify support and resistance.
Chart patterns: Use chart patterns to identify support and resistance.
Volume analysis tools: Use volume analysis tools to identify support and resistance.
When the price moves past a resistance zone, it might turn into a new support zone. If a stock breaks below its support level, it's called a breakdown. If a stock breaks above its resistance level, it's called a breakout.
VWAP Direction HistogramThe ** VWAP Direction Histogram ** indicator is a powerful tool for traders looking to gauge the directional bias of the Volume Weighted Average Price (VWAP). VWAP is a critical metric that combines price and volume to provide a weighted average price, often used to identify institutional trading activity and support/resistance levels. This indicator builds upon the traditional VWAP by calculating its directional changes over a customizable lookback period, providing clear visual cues to traders through a color-coded histogram.
By identifying whether VWAP is rising or falling over the specified lookback period, this indicator helps traders determine the prevailing trend bias in the market. A positive VWAP direction suggests upward momentum and a bullish trend bias, while a negative direction indicates downward momentum and bearish sentiment. This information is further reinforced by coloring the chart candles based on the VWAP trend, enabling quick visual analysis and enhancing decision-making for trend-following strategies. Whether you're trading intraday or longer-term, the ** VWAP Direction Histogram ** offers an intuitive and effective way to align your trades with market trends.
Duong_Sideway ZoneThis indicator is designed to identify sideway (ranging) zones on the price chart. It uses a Moving Average (MA) and criteria such as the number of price crosses over the MA, as well as breakout checks, to determine whether the market is in a sideway state. When a sideway zone is detected, it is highlighted with a yellow background on the chart.
Key Features:
MA Line: Uses a Moving Average (MA) as the basis for trend identification.
Sideway Threshold: Based on the number of price crosses over the MA within a specific period.
Breakout Check: Excludes zones from being considered sideway if a breakout occurs beyond the ATR threshold.
Visual Highlighting: Highlights sideway zones with a yellow background for easy identification.
This indicator is ideal for traders looking to identify ranging market phases to adjust their trading strategies accordingly.
For example, if within the last 20 candles, the number of times the closing price crosses the MA5 is greater than 4, it is considered a sideway zone, except in cases where the closing price of a recent candle has broken out of the highest/ lowest price of the previous 20 candles.
BOLLINGER BY HARSH### Description for the Indicator:
**Advanced Bollinger Bands + Inside Bar Signals**
This indicator is a versatile trading tool designed for precision and reliability, combining the power of Bollinger Bands with Inside Bar pattern detection and trend filtering. It offers traders a unique way to identify high-probability trading opportunities by integrating multiple market analysis techniques.
#### Key Features:
1. **Bollinger Bands:**
- Measures market volatility and identifies potential reversal zones.
- Upper and lower bands act as dynamic support and resistance levels.
2. **Inside Bar Pattern Detection:**
- Highlights areas of market consolidation and potential breakout setups.
- Displays inside bars directly on the chart for easy visualization.
3. **Trend Detection:**
- Uses an EMA (Exponential Moving Average) to determine market direction.
- Only signals trades aligned with the prevailing trend for better accuracy.
4. **Session Filter:**
- Allows you to restrict signals to specific trading sessions.
- Helps avoid false signals during low-liquidity periods.
5. **Advanced Buy & Sell Signals:**
- Buy signals: Inside bar near the lower Bollinger Band in an uptrend.
- Sell signals: Inside bar near the upper Bollinger Band in a downtrend.
- Reduces noise and focuses on high-quality setups.
6. **Risk Management Tools:**
- Automatically calculates take-profit and stop-loss levels based on ATR (Average True Range).
- Plots these levels on the chart to help traders manage risk effectively.
7. **Alerts for Signals:**
- Get notified instantly for buy and sell opportunities via TradingView alerts.
RSI-Adjusted 9SMAThis indicator integrates the Relative Strength Index (RSI) and a Simple Moving Average (SMA) to create a more robust trading signal by blending momentum and trend analysis. Here's how they work together:
How the RSI and SMA Work in Harmony
RSI (Momentum Indicator):
The RSI measures the speed and change of price movements, oscillating between 0 and 100.
Typically, an RSI value above 50 suggests bullish momentum, while values below 50 indicate bearish momentum.
The script further refines this by applying a 9-period EMA to the RSI. This smoothing process filters out noise, providing a clearer picture of momentum shifts.
SMA (Trend Indicator):
The SMA calculates the average price over a specific period (9 in this case), helping to smooth out price fluctuations and identify the overall trend.
By observing the SMA, traders can determine whether the market is trending upward, downward, or moving sideways.
Combining the Two for Stronger Signals:
The RSI EMA acts as a momentum filter. When it is above 50, it indicates the presence of bullish momentum. Under such conditions, the SMA turning blue provides a stronger confirmation of an uptrend.
Conversely, when the RSI EMA is below 50, it signals weakening momentum. The SMA turning white underlines the caution, suggesting potential bearish conditions or a lack of trend strength.
This combination ensures that traders are not just relying on the SMA's trend-following behavior but also factoring in the market's underlying momentum for more reliable entries and exits.
Why This Approach is Robust
Avoid False Signals:
The SMA alone can generate false signals in choppy or range-bound markets. By incorporating the RSI EMA, the script reduces the likelihood of acting on weak or non-committal trends.
Timing Entries and Exits:
When both the SMA and RSI EMA align (e.g., blue SMA and RSI EMA > 50), it provides a stronger case for entering trades. Similarly, misalignment (e.g., white SMA and RSI EMA ≤ 50) warns against entering during uncertain conditions.
Adapting to Market Conditions:
This dual approach captures both short-term momentum shifts (RSI EMA) and longer-term trend direction (SMA), making it useful across different market phases.
Practical Application
Bullish Setup:
RSI EMA > 50 + Blue SMA → Enter or stay in long positions.
Bearish Setup:
RSI EMA ≤ 50 + White SMA → Exit long positions or consider short opportunities.
This combination of indicators offers traders a balanced strategy that considers both the direction of the trend and the underlying momentum, resulting in more confident and timely decision-making.
Enhanced 20 SMA Signal BoxesEnhanced 20 SMA Signal Boxes
This indicator leverages the 20-period Simple Moving Average (SMA) to generate clear and actionable trading signals. Designed for traders looking to streamline their entry and exit decisions, the script provides a visual hierarchy with dynamic signal boxes and target levels.
Features:
Buy & Sell Signals:
Automatically detects when the price crosses above or below the 20 SMA and marks the signal candle with a yellow box for clear visualization of entry (top of the box) and risk (bottom of the box).
Dynamic Target Levels:
Three blue outlined boxes are generated for each signal to indicate profit-taking levels. The boxes dynamically adjust based on the signal candle’s range and come with customizable labels:
"Long Target" for buy signals
"Short Target" for sell signals
Alert System:
Get notified when the price enters or exits the signal candle or when target levels are reached.
Customization Options:
Adjust SMA color, thickness, and length.
Modify box opacity for better chart visibility.
Edit target labels and positionings to suit your trading style.
Risk/Reward Visualization:
The script calculates and displays the risk/reward ratio visually between the signal candle and the first target box.
Dynamic Styling:
Target boxes feature gradient shades to highlight increasing profit potential, and optional lines connect the signal candle to targets for organized visuals.
This indicator simplifies decision-making by providing clear signals and targets, making it suitable for day traders, swing traders, and scalpers alike.
Fractal levels Gold [AstroHub]This indicator detects key fractal points on a price chart and visually marks them with shapes and levels. It helps traders identify potential reversal zones and dynamic support/resistance levels, enhancing market analysis.
Key Features:
Fractal Detection:
The indicator identifies top and bottom fractals using a 5-bar pattern.
A top fractal forms when the middle bar has a higher high compared to the two bars on either side.
A bottom fractal forms when the middle bar has a lower low compared to the two bars on either side.
Fractal Filtering:
The indicator can filter out "pristine" fractals (uninterrupted fractal patterns) based on custom conditions, making it more selective and reducing false signals.
Fractal Plotting:
are plotted as downward triangles.
are plotted as upward triangles.
Users can choose to display or hide fractal points and their corresponding labels.
Fractal Levels:
The indicator automatically plots fractals' levels on the chart, marking potential resistance and support zones.
Fractal levels change dynamically as new fractals are identified.
Customizable Display Options:
Show or hide fractals and levels with adjustable settings.
Choose whether to apply filtering for pristine fractals.
Display the pivot labels to easily track fractal positions.
How It Works:
The indicator uses a simple approach to recognize top and bottom fractals . When a valid fractal is detected, it highlights it on the chart and plots the corresponding price level.
By default, top fractals are shown above the bars (red color), and bottom fractals are shown below the bars (green color).
Fractal levels represent potential reversal points and can act as dynamic support and resistance zones.
Best Use:
The indicator is particularly useful in identifying reversal points and trend changes, helping traders to spot key price levels.
It can be used across various timeframes and markets, particularly for trend-following or reversal strategies.
Customizable Settings:
Show Pivots: Toggle the display of pivot points.
Show Pivot Labels: Display labels for pivot levels.
Show Fractals: Toggle fractal points on the chart.
Show Fractal Levels: Show or hide the levels corresponding to the detected fractals.
Filter for Pristine Fractals: Enable this option to filter out non-pristine fractals for higher accuracy.
Conclusion:
This indicator provides clear, actionable fractal signals, helping traders easily identify critical levels for entry and exit. With customizable settings and visual cues, it's suitable for both novice and expe
PROWIN STUDY ALTCOIN INDEXPROWIN STUDY ALTCOIN INDEX
This indicator tracks the performance of key altcoin dominance indices (BTC.D, ETH.D, USDT.D, USDC.D, and DAI.D) by analyzing their closing prices. It calculates an Exponential Moving Average (EMA) to highlight the overall trend of the altcoin market. Key horizontal levels representing support (limit up), resistance (limit down), and a central line are drawn to help identify potential price action zones. This indicator is designed for analysis on the others.d asset in a daily timeframe, providing insights into market movements and altcoin dominance shifts.
Fibonacci Time-Price Zones🟩 Fibonacci Time-Price Zones is a chart visualization tool that combines Fibonacci ratios with time-based and price-based geometry to analyze market behavior. Unlike typical Fibonacci indicators that focus solely on horizontal price levels, this indicator incorporates time into the analysis, providing a more dynamic perspective on price action.
The indicator offers multiple ways to visualize Fibonacci relationships. Drawing segmented circles creates a unique perspective on price action by incorporating time into the analysis. These segmented circles, similar to TradingView's built-in Fibonacci Circles, are derived from Fibonacci time and price levels, allowing traders to identify potential turning points based on the dynamic interaction between price and time.
As another distinct visualization method, the indicator incorporates orthogonal patterns, created by the intersection of horizontal and vertical Fibonacci levels. These intersections form L-shaped connections on the chart, derived from key Fibonacci price and time intervals, highlighting potential areas of support or resistance at specific points in time.
In addition to these geometric approaches, another option is sloped lines, which project Fibonacci levels that account for both time and price along the trendline. These projections derive their angles from the interplay between Fibonacci price levels and Fibonacci time intervals, creating dynamic zones on the chart. The slope of these lines reflects the direction and angle of the trend, providing a visual representation of price alignment with market direction, while maintaining the time-price relationship unique to this indicator
The indicator also includes horizontal Fibonacci levels similar to traditional retracement and extension tools. However, unlike standard tools, traders can display retracement levels, extension levels, or both simultaneously from a single instance of the indicator. These horizontal levels maintain consistency with the chosen visualization method, automatically scaling and adapting whether used with circles, orthogonal patterns, or slope-based analysis.
By combining these distinct methods—circles, orthogonal patterns, sloped projections, and horizontal levels—the indicator provides a comprehensive approach to Fibonacci analysis based on both time and price relationships. Each visualization method offers a unique perspective on market structure while maintaining the core principle of time-price interaction.
⭕ THEORY AND CONCEPT ⭕
While traditional Fibonacci tools excel at identifying potential support and resistance levels through price-based ratios (0.236, 0.382, 0.618), they do not incorporate the dimension of time in market analysis. Extensions and retracements effectively measure price relationships within trends, yet markets move through both price and time dimensions simultaneously.
Fibonacci circles represent an evolution in technical analysis by incorporating time intervals alongside price levels. Based on the mathematical principle that markets often move in circular patterns proportional to Fibonacci ratios, these circles project potential support and resistance zones as partial circles radiating from significant price points. However, traditional circle-based tools can create visual complexity that obscures key market relationships. The integration of time into Fibonacci analysis reveals how price movements often respect both temporal and price-based ratios, suggesting a deeper geometric structure to market behavior.
The Fibonacci Time-Price Zones indicator advances these concepts by providing multiple geometric approaches to visualize time-price relationships. Each shape option—circles, orthogonal patterns, slopes, and horizontal levels—represents a different mathematical perspective on how Fibonacci ratios manifest across both dimensions. This multi-faceted approach allows traders to observe how price responds to Fibonacci-based zones that account for both time and price movements, potentially revealing market structure that purely price-based tools might miss.
Shape Options
The indicator employs four distinct geometric approaches to analyze Fibonacci relationships across time and price dimensions:
Circular : Represents the cyclical nature of market movements through partial circles, where each radius is scaled by Fibonacci ratios incorporating both time and price components. This geometry suggests market movements may follow proportional circular paths from significant pivot points, reflecting the harmonic relationship between time and price.
Orthogonal : Constructs L-shaped patterns that separate the time and price components of Fibonacci relationships. The horizontal component represents price levels, while the vertical component measures time intervals, allowing analysis of how these dimensions interact independently at key market points.
Sloped : Projects Fibonacci levels along the prevailing trend, incorporating both time and price in the angle of projection. This approach suggests that support and resistance levels may maintain their relationship to price while adjusting to the temporal flow of the market.
Horizontal : Provides traditional static Fibonacci levels that serve as a reference point for comparing price-only analysis with the dynamic time-price relationships shown in the other three shapes. This baseline approach allows traders to evaluate how the incorporation of time dimension enhances or modifies traditional Fibonacci analysis.
By combining these geometric approaches, the Fibonacci Time-Price Zones indicator creates a comprehensive analytical framework that bridges traditional and advanced Fibonacci analysis. The horizontal levels serve as familiar reference points, while the dynamic elements—circular, orthogonal, and sloped projections—reveal how price action responds to temporal relationships. This multi-dimensional approach enables traders to study market structure through various geometric lenses, providing deeper insights into time-price symmetry within technical analysis. Whether applied to retracements, extensions, or trend analysis, the indicator offers a structured methodology for understanding how markets move through both price and time dimensions.
🛠️ CONFIGURATION AND SETTINGS 🛠️
The Fibonacci Time-Price Zones indicator offers a range of configurable settings to tailor its functionality and visual representation to your specific analysis needs. These options allow you to customize zone visibility, structures, horizontal lines, and other features.
Important Note: The indicator's calculations are anchored to user-defined start and end points on the chart. When switching between charts with significantly different price scales (e.g., from Bitcoin at $100,000 to Silver at $30), adjustment of these anchor points is required to ensure correct positioning of the Fibonacci elements.
Fibonacci Levels
The indicator allows users to customize Fibonacci levels for both retracement and extension analysis. Each level can be individually configured with the following options:
Visibility : Toggle the visibility of each level to focus on specific areas of interest.
Level Value : Set the Fibonacci ratio for the level, such as 0.618 or 1.000, to align with your analysis needs.
Color : Customize the color of each level for better visual clarity.
Line Thickness : Adjust the line thickness to emphasize critical levels or maintain a cleaner chart.
Setup
Zone Type : Select which Fibonacci zones to display:
- Retracement : Shows potential pull back levels within the trend
- Extension : Projects levels beyond the trend for potential continuation targets
- Both : Displays both retracement and extension zones simultaneously
Shape : Choose from four visualization methods:
- Circular : Time-price based semicircles centered on point B
- Orthogonal : L-shaped patterns combining time and price levels
- Sloped : Trend-aligned projections of Fibonacci levels
- Horizontal : Traditional horizontal Fibonacci levels
Visual Settings
Fill % : Adjusts the fill intensity of zones:
0% : No fill between levels
100% : Maximum fill between levels
Lines :
Trendline : The base A-B trend with customizable color
Extension : B-C projection line
Retracement : B-D pullback line
Labels :
Points : Show/hide A, B, C, D markers
Levels : Show/hide Fibonacci percentages
Time-Price Points
Set the time and price for the points that define the Fibonacci zones and horizontal levels. These points are defined upon loading the chart. These points can be configured directly in the settings or adjusted interactively on the live chart.
A and B Points : These user-defined time and price points determine the basis for calculating the semicircles and Fibonacci levels. While the settings panel displays their exact values for fine-tuning, the easiest way to modify these points is by dragging them directly on the chart for quick adjustments.
Interactive Adjustments : Any changes made to the points on the chart will automatically synchronize with the settings panel, ensuring consistency and precision.
🖼️ CHART EXAMPLES 🖼️
Fibonacci Time-Price Zones using the 'Circular' Shape option. Note the price interaction at the 0.786 level, which acts as a support zone. Additional points of interest include resistance near the 0.618 level and consolidation around the 0.5 level, highlighting the utility of both horizontal and semicircular Fibonacci projections in identifying key price areas.
Fibonacci Time-Price Zones using the 'Sloped' Shape option. The chart displays price retracing along the sloped Fibonacci levels, with blue arrows highlighting potential support zones at 0.618 and 0.786, and a red arrow indicating potential resistance at the 1.0 level. This visual representation aligns with the prevailing downtrend, suggesting potential selling pressure at the 1.0 Fibonacci level.
Fibonacci Time-Price Zones using the 'Orthogonal' Shape option. The chart demonstrates price action interacting with vertical zones created by the orthogonal lines at the 0.618, 0.786, and 1.0 Fibonacci levels. Blue arrows highlight potential support areas, while red arrows indicate potential resistance areas, revealing how the orthogonal lines can identify distinct points of price interaction.
Fibonacci Time-Price Zones using the 'Circular' Shape option. The chart displays price action in relation to segmented circles emanating from the starting point (point A). The circles represent different Fibonacci ratios (0.382, 0.5, 0.618, 0.786) and their intersections with the price axis create potential zones of support and resistance. This approach offers a visually distinct way to analyze potential turning points based on both price and time.
Fibonacci Time-Price Zones using the 'Sloped' Shape option. The sloped Fibonacci levels (0.786, 0.618, 0.5) create zones of potential support and resistance, with price finding clear interaction within these areas. The ellipses highlight this price action, particularly the support between 0.786 and 0.618, which aligns closely with the trend.
Fibonacci Time-Price Zones using the 'Circular' Shape option. The price action appears to be ‘hugging’ the 0.5 Fibonacci level, suggesting potential resistance. This demonstrates how the circular zones can identify potential turning points and areas of consolidation which might not be seen with linear analysis.
Fibonacci Time-Price Zones using the 'Sloped' Shape option with Point D marker enabled. The chart demonstrates clear price action closely following along the sloped Retracement line until the orthogonal intersection at the 0.618 levels where the trend is broken and price dips throughout the 0.618 to 0.786 horizontal zone. Price jumps back to the retracement slope at the start of the 0.786 horizontal zone and continues to the 1.0 horizontal zone. The aqua-colored retracement line is enabled to further emphasize this retracement slope .
Geometric validation using TradingView's built-in Fibonacci Circle tool (overlaid). The alignment at the 0.5 and 1.0 levels demonstrates the indicator's consistent approximation of Fibonacci Circles.
Comparison of Fibonacci Time-Price Zones (Shape: Horizontal) with TradingView's Built-in Retracement and Extension Tools (overlaid): This example demonstrates how the Horizontal structure aligns with TradingView’s retracement and extension levels, allowing users to integrate multiple tools seamlessly. The Fibonacci circle connects retracement and extension zones, highlighting the potential relationship between past retracements and future extensions.
📐 GEOMETRIC FOUNDATIONS 📐
This indicator integrates circular and straight representations of Fibonacci levels, specifically the Circular , Orthogonal , Sloped , and Horizontal shape options. The geometric principles behind these shapes differ significantly, requiring distinct scaling methods for accurate representation. The Circular shape employs logarithmic scaling with radial expansion, where the distance from a central point determines the level's position, creating partial circles that align with TradingView's built-in Fibonacci Circle tool. The other three shapes utilize geometric progression scaling for linear extension from a starting point, resulting in straight lines that align with TradingView's built-in Fibonacci retracement and extension tools. Due to these distinct geometric foundations and scaling methods, perfectly aligning both the partial circles and straight lines simultaneously is mathematically constrained, though any differences are typically visually imperceptible.
The Circular shape's partial circles are calculated and scaled to align with TradingView's built-in Fibonacci Circles. These circles are plotted from the second swing point onward. This approach ensures consistent and accurate visualization across all market types, including those with gaps or closed sessions, which unlike 24/7 markets, do not have a direct one-to-one correspondence between bar indices and time. To maintain accurate geometric proportions across varying chart scales, the indicator calculates an aspect ratio by normalizing the proportional difference between vertical (price) and horizontal (time) distances of the swing points. This normalization factor ensures geometric shapes maintain their mathematical properties regardless of price scale magnitude or time period span, while maintaining the correct proportions of the geometric constructions at any chart zoom level.
The indicator automatically applies the appropriate scaling factor based on the selected shape option, optimizing either circular proportions and proper radius calculations for each Fibonacci level, or straight-line relationships between Fibonacci levels. These distinct scaling approaches maintain mathematical integrity while preserving the essential characteristics of each geometric representation, ensuring optimal visualization accuracy whether using circular or linear shapes.
⚠️ DISCLAIMER ⚠️
The Fibonacci Time-Price Zones indicator is a visual analysis tool designed to illustrate Fibonacci relationships through geometric constructions incorporating both curved and straight lines, providing a structured framework for identifying potential areas of price interaction. It is not intended as a predictive or standalone trading signal indicator.
The indicator calculates levels and projections using user-defined anchor points and Fibonacci ratios. While it aims to align with TradingView’s Fibonacci extension, retracement, and circle tools by employing mathematical and geometric formulas, no guarantee is made that its calculations are identical to TradingView's proprietary methods.
Like all technical and visual indicators, these visual representations may visually align with key price zones in hindsight, reflecting observed price dynamics. However, these visualizations are not standalone signals for trading decisions and should be interpreted as part of a broader analytical approach.
This indicator is intended for educational and analytical purposes, complementing other tools and methods of market analysis. Users are encouraged to integrate it into a comprehensive trading strategy, customizing its settings to suit their specific needs and market conditions.
🧠 BEYOND THE CODE 🧠
The Fibonacci Time-Price Zones indicator is designed to encourage both education and community engagement. By integrating time-sensitive geometry with Fibonacci-based frameworks, it bridges traditional grid-based analysis with dynamic time-price relationships. The inclusion of semicircles, horizontal levels, orthogonal structures, and sloped trends provides users with versatile tools to explore the interaction between price movements and temporal intervals while maintaining clarity and adaptability.
As an open-source tool, the indicator invites exploration, experimentation, and customization. Whether used as a standalone resource or alongside other technical strategies, it serves as a practical and educational framework for understanding market structure and Fibonacci relationships in greater depth.
Your feedback and contributions are essential to refining and enhancing the Fibonacci Time-Price Zones indicator. We look forward to the creative applications, adaptations, and insights this tool inspires within the trading community.
[EmreKb] Dynamic Factor SupertrendThe Dynamic Factor Supertrend is an innovative variation of the classic Supertrend indicator, designed to provide traders with more accurate trend signals while reducing the impact of false breakouts. Unlike the traditional Supertrend, which relies on a fixed multiplier (Factor) applied to the Average True Range (ATR), this enhanced version introduces a dynamic adjustment mechanism based on price movements relative to the Supertrend line.
This indicator works by assessing the distance between the price and the Supertrend line. When the price moves significantly beyond the typical ATR × Factor distance, the remaining gap is recalculated using a Dynamic Factor. This additional scaling adjusts the base factor, effectively modifying the Supertrend line to better reflect current market conditions. This process ensures that the trend line adapts dynamically to changes in price behavior, reducing noise and improving signal reliability in volatile markets.
One of the key advantages of the Dynamic Factor Supertrend is its ability to minimize false trend reversals. By incorporating the Dynamic Factor adjustment, the indicator becomes more resilient to minor price fluctuations that could otherwise trigger incorrect signals. This makes it particularly effective in markets where volatility is high, or during periods of choppy price action, where traditional Supertrend indicators often struggle to maintain accuracy.
Traders can use the Dynamic Factor Supertrend to identify clear trend directions, with uptrends signaled when the price is above the trend line and downtrends when it is below. The Dynamic Factor parameter can be fine-tuned to match individual trading styles, offering greater flexibility. A lower value makes the trend line more responsive to price changes, while a higher value provides more stability by reducing the frequency of adjustments.
In summary, the Dynamic Factor Supertrend is an advanced trend-following tool that combines the foundational concepts of the Supertrend with a novel dynamic adjustment mechanism. It offers traders a more reliable way to navigate complex market conditions, making it a valuable addition to any trading strategy. This indicator is particularly well-suited for those seeking to reduce false signals and enhance the accuracy of their trend analysis in all market environments.
Inside Bar Breakout/Fakeout with AI Scenarios [Yosiet]Inside Bar Breakout/Fakeout Indicator with Scenarios
The Indicator is a powerful tool for traders looking to identify potential breakout and fakeout opportunities based on inside bar patterns. This indicator combines multiple technical analysis concepts to provide a comprehensive view of market behavior, helping traders make more informed decisions.
Key Features
Inside bar detection with filtering
Breakout and fakeout identification
Three distinct scenario detections
Customizable moving average calculations
Flexible visualization options
Alert conditions for various events
How It Works
The indicator identifies inside bars and filters them based on a maximum number of consecutive inside bars. It then detects breakouts and fakeouts using user-defined parameters. The script also calculates moving averages to determine trend direction.
Three specific scenarios are detected:
Strong breakout followed by a strong reversal
Weak breakout with multiple doji/weak candles
Strong breakout without reversal
These scenarios are visually represented on the chart, allowing traders to quickly identify potential trading opportunities.
How to Use
Apply the indicator to your chart
Adjust the input parameters to suit your trading style
Look for inside bar patterns and subsequent breakouts/fakeouts
Pay attention to the three scenario markers for additional context
Use the alert conditions to stay informed of potential opportunities
Volume-MACD-RSI Integrated StrategyDescription:
This script integrates three well-known technical analysis tools—Volume, MACD, and RSI—into a single signal meant to help traders identify potential turning points under strong market conditions.
Concept Overview:
Volume Filter: We compare the current bar’s volume to a 20-period volume average and require it to exceed a specified multiplier. This ensures that signals occur only during periods of heightened market participation. The logic is that moves on low volume are less reliable, so we wait for increased activity to confirm potential trend changes.
MACD Momentum Shift:
We incorporate MACD crossovers to determine when momentum is changing direction. MACD is a popular momentum indicator that identifies shifts in trend by comparing short-term and long-term EMAs. A bullish crossover (MACD line crossing above the signal line) may suggest upward momentum is building, while a bearish crossunder can indicate momentum turning downward.
RSI Market Condition Check:
RSI helps us identify overbought or oversold conditions. By requiring that RSI be oversold on buy signals and overbought on sell signals, we attempt to pinpoint entries where price could be at an extreme. The idea is to position entries or exits at junctures where price may be due for a reversal.
How the Script Works Together:
Volume Confirmation: No signals fire unless there’s strong volume. This reduces false positives.
MACD Momentum Check: Once volume confirms market interest, MACD crossover events serve as a trigger to initiate consideration of a trade signal.
RSI Condition: Finally, RSI determines whether the market is at an extreme. This final layer helps ensure we only act on signals that have both momentum shift and a price at an extreme level, potentially increasing the reliability of signals.
Intended Use:
This script can help highlight potential reversal points or trend shifts during active market periods.
Traders can use these signals as a starting point for deeper analysis. For instance, a “BUY” arrow may prompt a trader to investigate the market context, confirm with other methods, or look for patterns that further support a long entry.
The script is best used on markets with reliable volume data, such as stocks or futures, and can be experimented with across different timeframes. Adjusting the RSI thresholds, MACD parameters, and volume multiplier can help tailor it to specific instruments or trading styles.
Chart Setup:
When adding this script to your chart, it should be the only indicator present, so you can clearly see the red “BUY” arrows and green “SELL” arrows at the candle closes where signals occur.
The chart should be kept clean and uncluttered for clarity. No other indicators are necessary since the logic is already integrated into this single script.
