Mulai

Motif-Motif Chart

Confluence Zone BuilderWhat It Does The Confluence Zone Builder is a technical analysis indicator that identifies high-probability price levels by detecting where multiple technical factors align (converge) at the same price area. These "confluence zones" represent levels where price is statistically more likely to react - either bouncing (support/resistance) or breaking through (breakout targets). How It Works 1. Multi-Factor Analysis The indicator calculates key technical levels from various sources: Fibonacci Retracements (23.6%, 38.2%, 50%, 61.8%, 78.6%) - Support/resistance levels based on recent price swings Fibonacci Extensions (127.2%, 141.4%, 161.8%, 200%, 261.8%) - Breakout targets beyond the current range (both bullish and bearish) Pivot Points (Classic pivots: P, R1-R3, S1-S3) - Daily/weekly reference points traders watch Moving Averages (EMA 20, 50 and SMA 100, 200) - Dynamic support/resistance that institutions track VWAP - Volume-weighted average price, popular among institutional traders Psychological Levels - Round numbers that attract orders Previous Period Levels - Prior day/week high, low, and close 2. Proximity Clustering When multiple factors fall within a defined proximity range (default 0.5%), they're grouped together into a single "confluence zone." This prevents cluttering the chart with dozens of individual lines. 3. Weighted Scoring System Not all technical factors are equal. The indicator assigns importance weights: Key Fibonacci levels (61.8%) and major MAs (200, 50) get higher weights (2.0-2.5x) Pivot points and VWAP get medium weights (1.5x) Minor factors get lower weights (1.0x) The total score reflects both the number of factors and their importance. 4. Historical Validation The indicator analyzes the last 50 bars (customizable) to track: Touches: How many times price reached each zone Rejections: Times price bounced off the zone (✅) Breaks: Times price broke through the zone (❌) Win Rate: Percentage of times the zone held (rejections ÷ touches) 5. Dynamic Adjustment Zones aren't static - they adapt based on how price interacts with them: Strengthens (+0.5 per rejection, +0.2 per touch): Zones that repeatedly hold become more important Weakens (-0.8 per break): Zones that fail to hold lose credibility Visual Indicators: Thick solid lines = Strong zones (more rejections than breaks) Dashed lines = Weak zones (more breaks than rejections) Color-coded by score: Blue (low), Yellow (medium), Red (high) What You Gain From Using It For Support/Resistance Trading: High-probability entries: Enter at zones with high confluence scores and strong historical win rates Better risk management: Place stops beyond strong confluence zones that are likely to hold Reduced false signals: Multi-factor confirmation reduces reliance on single indicators For Breakout Trading: Target identification: Fibonacci extensions provide profit targets beyond current ranges Breakout confirmation: Weak zones (dashed lines, low win rates) are easier to break - ideal for breakout entries False breakout avoidance: Strong zones (thick lines, high win rates) require more confirmation before entering For Position Management: Exit planning: Take profits at high-confluence zones ahead Stop placement: Use strong zones as logical stop-loss levels Trade filtering: Higher probability setups occur at stronger zones Key Advantages: Objective confluence detection - No manual line drawing needed Data-driven validation - Historical performance shows which zones actually matter Adaptive intelligence - Zones strengthen/weaken based on real price action Clean visualization - Top zones only, with compact labels showing score and factors Customizable - Adjust weights, components, and thresholds to your trading style Bottom Line: Instead of guessing which technical level matters most, this indicator does the heavy lifting - analyzing multiple factors, validating them historically, and highlighting only the zones where price is most likely to react. It's like having confluence analysis automated with statistical backing.
Indikator Pine Script®
oleh Vagarbete
Smart Breakout Detector: Trendline Retest & Angle FilteringDetect trendline breakouts with two important filtering controls: retest validation and angle filtering. Require multiple price retests (2-4 touches) before a trendline is considered valid, eliminating weak single-touch lines. Set precise angle limits to filter out unreliable steep or shallow trendlines. Three independent timeframe sets (fast/medium/slow) with customizable pivot lengths allow you to get low risk entry point for both short-term and major trend continuations/reversals. ═══════════════════════════════════════════ CORE METHODOLOGY ═══════════════════════════════════════════ This indicator identifies trendline breakouts using two configurable filtering parameters that are uncommon in publicly available indicators: 1. RETEST VALIDATION Requires a specified number of price touches (2-4) before considering a trendline valid. This reduces false signals from randomly aligned single-touch lines. Higher thresholds decrease signal frequency while increasing reliability. 2. ANGLE FILTERING Applies maximum angle constraints (0-20) to trendlines independently for resistance and support, both upward and downward slopes. This filters trendlines with extreme angles that typically lack predictive value. ═══════════════════════════════════════════ TECHNICAL IMPLEMENTATION ═══════════════════════════════════════════ DETECTION ALGORITHM: 1. Identifies pivot highs/lows using configurable lookback periods 2. Connects pivots within ATR-based proximity threshold 3. Validates trendlines only after minimum retest requirement is met 4. Applies angle constraints using arctangent calculations 5. Verifies no price penetration occurred between pivot points 6. Triggers breakout signals when price breaches validated lines THREE INDEPENDENT TREND LINE BANKS: The indicator operates three parallel detection systems with separate parameters: - Level Set A: Short pivot periods (default 5 bars) - Level Set B: Medium pivot periods (default 10 bars) - Level Set C: Long pivot periods (default 6 bars) Each system maintains independent arrays of resistance and support lines. ADAPTIVE COMPONENTS: - Proximity tolerance scales with ATR(40) to accommodate volatility - Angle thresholds adjust using combined absolute and percentage ATR factors - Line lifespan configurable by bar count (default 180/200/300 bars per set) ══════════════════════════════════════════ USE CASES ══════════════════════════════════════════ Appropriate for: - Filtering breakout candidates by reliability metrics - Multi-timeframe trendline analysis - Automated breakout monitoring - Reducing chart noise from weak trendlines Not appropriate for: - Range-bound or highly choppy markets - Instruments with insufficient historical data - Strategies requiring predictive (non-historical) trendlines
Indikator Pine Script®
oleh trend-wolf
Displacement Candle Detector This indicator is designed to automatically identify displacement candles — large, momentum-driven candles that signal strong institutional order flow or the beginning of a market expansion. It’s particularly useful for Step 3 of your 5-Step Model, where you wait for displacement after a liquidity sweep to confirm directional bias (Buy or Sell). ⚙️ How It Works Calculates Candle Body Size: Measures the absolute distance between a candle’s open and close (the real body). Compares to Average Body (Lookback): Uses a Simple Moving Average (SMA) of body sizes over the last n candles (default = 5). This gives the script a baseline for what a “normal” candle looks like. Defines a Displacement Candle: When the current candle’s body size is ≥ 1.5× (or user-set multiplier) of the average body, it’s flagged as a displacement candle. Distinguishes Bullish vs. Bearish Momentum: Bullish displacement: Close > Open and candle body ≥ 1.5× average Bearish displacement: Close < Open and candle body ≥ 1.5× average 🖥️ What It Displays on Chart Bar Colors: Green = Bullish displacement Red = Bearish displacement Labels: Appears above or below the candle (optional toggle). Helps you easily spot where strong moves originated. Shapes (Triangles): Plots a small up/down triangle for each displacement event. Useful for backtesting, alerts, or pairing with your MSS/FVG setups later. 🧩 Inputs Setting Description Default len Lookback period for average body calculation 5 mult Body size multiplier threshold 1.5 showLabels Toggle for displaying candle labels true showColors Toggle for coloring displacement candles true 🧠 Trading Application This script acts as your “momentum confirmation filter.” In your 5-Step Model: Step 1–2: Wait for liquidity sweep & directional bias. Step 3: Use this indicator to confirm that displacement (real momentum) occurred. Step 4–5: Drop to the lower timeframe for MSS confirmation and premium/discount entry. Once a displacement candle prints, it suggests that: The side of liquidity swept has been taken, Institutions are committing volume in the opposite direction, A Fair Value Gap (FVG) is likely forming for your entry zone. 💡 Pro Tips Timeframes: Use it on 15m for confirmation, and 1–5m for entry precision. Multiplier Tuning: Use 1.3–1.6 for scalping (sensitive). Use 1.8–2.0 for swing setups (stronger confirmation). Combine With: Smart Money Concepts (SMC) Lite for BOS/MSS FVG Auto-Draw for entry zones Session Range indicator to visualize liquidity sweeps before displacement.
Indikator Pine Script®
oleh GoalsInMotion
Talandra TI – NQ LiteTalandra TI – NQ Lite Edition Talandra TI – NQ Lite is a technical indicator created for disciplined futures trading on the NASDAQ 100 E-mini and Micro contracts (NQ1!). It is specifically calibrated for the five-minute and one-hour timeframes and is intended for traders who rely on objective directional alignment rather than discretionary signaling. The indicator incorporates a structured confluence of market components, including long-term trend structure through a 120-period simple moving average, momentum validation via short-term exponential and MACD crossovers, volatility screening through ATR-based range logic, and institutional participation assessment using relative volume analysis. All calculations are bound to the active chart price, ensuring the indicator remains visually synchronized with price movement without lag or drift. The Lite Edition is designed for execution clarity and performance efficiency. By removing labels, commentary, and auxiliary markings, it presents only the essential directional outputs in the form of live BUY and SELL signals. This presentation style supports both discretionary and alert-based trading approaches, while maintaining full non-repainting integrity. Each signal reflects confirmed market alignment rather than early or speculative entry triggers, making the tool appropriate for structured systems, rule-based trading, and algorithmic integration. Talandra TI – NQ Lite is intended for application on NASDAQ futures exclusively, with performance optimized on the five-minute chart for intraday decision-making and the one-hour chart for macro directional posture. It is not designed for countertrend entry, mean reversion, or adaptation across equity or cryptocurrency markets without modification. The indicator does not include risk management functions; users must provide their own stop-loss, position sizing, and capital control protocols. It is expressly a directional confirmation tool rather than a complete trading system. This indicator does not provide financial advice or trading recommendations. It is offered purely for educational and informational purposes. Futures and derivatives trading involve significant risk, including the potential for substantial financial loss. No guarantee of accuracy, profitability, or trading performance is expressed or implied. Users accept full responsibility for all trade execution, including risk evaluation and capital exposure. Talandra TI – NQ Lite is authored by JD Harmelin, with a focus on systematic market structure and momentum-based confirmation logic. The current release is Version 1.0, first published in 2025, representing the initial implementation of price-locked execution logic and macro trend integration. All rights are reserved. Redistribution or commercial use of this script without explicit written permission is prohibited. Use of this indicator constitutes acknowledgment and acceptance of full responsibility for any trading outcomes resulting from its application.
Indikator Pine Script®
oleh jdharmel
Daytrade Forex Scalper TwinPulse Auction Timer IndicatorWhat this indicator is TwinPulse Auction Timer is a multi component execution aid designed for liquid markets. It looks for two families of opportunities Breakouts that leave a compression area after a fresh sweep Reversals that trigger after a sweep with strong wick polarity It does not try to predict future prices. It measures present auction conditions with transparent rules and shows you when those conditions align. You get a simple table that says LONG SHORT or WAIT, optional session shading, clean entry and exit level visuals, and alerts you can wire to your workflow. Why it is different Most tools show a single signal. TwinPulse combines several independent signals into an Edge Score that you can tune. The components are • Pulse. A signed measure of wick asymmetry with candle body direction • Compression. Current true range compared with an average range • Sweep timer. Bars elapsed since the most recent sweep of a prior high or low • Bias. Direction of a higher timeframe candle • Regime. Efficiency ratio and the relation of micro to macro volatility • Location. Distance from the daily anchored VWAP • Session. London and New York filter by time windows Each component is visible in the inputs and in the table so you can understand why a suggestion appears. The script uses request.security() with lookahead off in all calls so it does not peek into the future. Shapes may move while a bar is open since price is still forming. They stop moving when the bar closes. What you will see on the chart • L and S shapes on entry bars • An Exit shape at the price where a stop or the runner target would have been hit • Four horizontal lines while a trade is active Entry Stop TP1 at one R TP2 at the runner target expressed in R • Labels anchored to each line so you can instantly read Entry SL TP1 and TP2 with current values • Optional shading during your session windows • Optional daily VWAP line The table in the top right shows Action LONG SHORT IN LONG IN SHORT or WAIT Session ON or OFF Bias UP DOWN or FLAT Pulse value Compression value Edge L percent and Edge S percent How it works in detail Pulse For each bar the script measures up wick minus down wick divided by range and multiplies that by the sign of the candle body. The result is averaged with pulse_len. Positive numbers indicate aggressive buying. Negative numbers indicate aggressive selling. You control the minimum absolute value with pulse_thr. Compression Compression is the ratio of current range to an average range. You can choose the range basis. HL SMA uses simple high minus low smoothed by range_len. ATR uses classic True Range smoothed by atr_len. Values below comp_thr indicate a coil. Sweeps and the timer A sweep occurs when price trades beyond the highest high or lowest low seen in the previous sweep_len bars. A strict sweep requires a close back inside that prior range. The timer measures how many bars have elapsed since the last sweep. Breakout setups require the timer to exceed timer_thr. Bias on a confirmation timeframe A higher timeframe candle is read with confirm_tf. If close is above open bias is UP. If close is below open bias is DOWN. This keeps breakouts aligned with the prevailing drift. Regime filters Efficiency ratio measures the straight line change over the sum of absolute bar to bar changes over er_len. It rises in trendy conditions and falls in noise. Minimum efficiency is controlled by er_min. Micro to macro volatility ratio compares a short lookback average range with a longer lookback average range using your chosen basis. For breakouts you usually want micro volatility to be near or above macro hence mvr_min. For reversals you often want micro volatility that is not overheated relative to macro hence mvr_max_rev. VWAP distance gate Daily anchored VWAP is rebuilt from the open of each session. The script computes the absolute distance from VWAP in units of your average range and requires that distance to exceed vwap_dist_thr when use_vwap_gate is true. This keeps entries away from the mean. Edge Score Each gate contributes a weight that you control. The script sums weights of the satisfied gates and divides by the sum of all weights to produce an Edge percent for long and an Edge percent for short. You can then require a minimum Edge percent using edge_min_pct. This turns the indicator into a step by step checklist that you can tune to your taste. Using the indicator step by step Choose markets and timeframes The logic is designed for liquid instruments. Major currency pairs, index futures and cash index CFDs, and the most liquid crypto pairs work well. On intraday use one to fifteen minutes for signals and fifteen to sixty minutes for confirmation. On swing use one hour to one day for signals and one day for confirmation. Decide on entry mode Breakouts require a compression area and a sweep timer. Reversals require a strict sweep and a strong pulse. If you are unsure leave the default which allows both. Pick a range basis For FX and crypto HL SMA is often stable. For indices and single name equities with gaps ATR can adapt better. If results look too reactive increase the window. If results are too slow reduce it. Tune regime filters If you trade trend continuation raise er_min and mvr_min. If you trade counter rotation lower them and rely on the reversal path with the strict sweep condition. Set the VWAP gate Enabling it helps you avoid entries at the mean. Push the threshold higher on range bound days. Reduce it in strong trend days. Table driven decision Watch Action and the Edge percents. If the script says WAIT you can read Pulse and Compression to see what is missing. Often the best trades appear when both Edge percents are well separated and your session switch is ON. Use the visuals When a suggestion triggers you will see entry stop and targets. You can mirror the levels in your own workflow or use alerts. Consider bar close Signals are computed in real time. For a strict process you can wait until the bar closes to reduce noise. Inputs explained with quick guidance Setup Signal TF chooses where the logic is computed. Leave blank to use the chart. Confirm TF sets the higher timeframe for bias. Session filter restricts signals to the London and New York windows you specify. Invert flips long and short. It is useful on inverse instruments. Logic options Entry mode allows Breakouts Reversals or Both. Average range basis selects HL SMA or ATR. ATR length is used when ATR is selected. Pulse source can be Regular OHLC or Heikin Ashi. Heikin Ashi smooths noisy series, but the script still runs on regular bars and you should publish and use it on standard candles to respect the platform guidance. Core numeric settings Sweep lookback controls the size of the liquidity pool targeted by the sweep condition. Pulse window smooths the wick polarity measure. Average range window controls your base range when you use HL SMA. Pulse threshold sets the minimum polarity required. Compression threshold sets the maximum current range relative to average to consider the market coiled. Expansion timer bars sets how much time has passed since the last sweep before you allow a breakout. Regime filters Efficiency ratio length and minimum value keep you out of aimless drift. Micro and Macro range lengths feed the micro to macro ratio. Minimum micro to macro for breakouts and maximum micro to macro for reversals steer the two entry families. VWAP gate and distance threshold keep you away from the mean. Levels and trade management visuals Runner target in R sets TP2 as a multiple of initial risk. Stop distance as average range multiple sets initial risk size for the visuals. Move stop to entry after one R touch turns on break even logic once price has traveled one risk unit. Trail buffer as R fraction uses the last sweep as an anchor and keeps a dynamic stop at a chosen fraction of R beyond it. Cooldown after exit prevents immediate re entries. Edge Score Weights for pulse compression timer bias efficiency ratio micro to macro VWAP gate and session let you align the checklist with your style. Minimum Edge percent to suggest applies a final filter to LONG or SHORT suggestions. UI Table and markers switch the compact dashboard and the shapes. TP and SL lines and labels draw and name each level. TP1 partial label percent is printed in the TP1 label for clarity. Session shading helps with focus. Daily VWAP line is optional. Alerts The script provides alerts for Long Short Exit and for Edge percent crossing the threshold on either side. Use them to drive notifications or to sync with webhooks and your broker integration. Alerts trigger in real time and will repaint during a bar. For conservative use trigger on bar close. Recommended presets Intraday trend continuation Confirm TF fifteen minutes Entry mode Breakouts Range basis HL SMA Pulse threshold near 0.10 Compression threshold near 0.60 Timer around 18 Minimum efficiency ratio near 0.20 Minimum micro to macro near 1.00 VWAP gate enabled with distance near 0.35 Edge minimum 50 or higher Intraday mean reversion at sweeps Entry mode Reversals Pulse source Regular OHLC Compression threshold can be a little higher Maximum micro to macro near 1.60 Efficiency ratio minimum lower near 0.12 VWAP gate enabled Edge minimum 40 to 60 Swing trend continuation Signal TF one hour Confirm TF one day Range basis ATR ATR length around 14 Average range window 20 to 30 Efficiency ratio minimum near 0.18 Micro to macro windows 12 and 60 Edge minimum 50 to 70 These are starting points only. Your instrument and timeframe will require small adjustments. Limitations and honest warnings No indicator is perfect. TwinPulse will mark attractive conditions that do not always lead to profitable trades. During economic releases or very thin liquidity the assumptions behind compression and sweeps may fail. In strong gap environments the HL SMA basis may lag while ATR may overreact. Heikin Ashi pulse can help in choppy markets but it will lag during sharp reversals. Session times use the exchange time of your chart. If you switch symbol or exchange verify the windows. Edge percent is not a probability of profit. It is the fraction of satisfied gates with your chosen weights. Two traders can set different weights and see different Edge readings on the same bar. That is the design. The score is a guide that helps you act with discipline. This indicator does not place orders or manage real risk. The lines and labels show a model entry a model stop and two model targets built from the average range at entry and from recent swing points. Use them as references and not as hard rules. Always test on historical data and demo first. Past results do not guarantee anything in the future. Credits and originality All code in this publication is original and written for this indicator. The concept of the efficiency ratio originates from Perry Kaufman. The use of a daily anchored volume weighted average price is a standard industry tool. The specific combination of pulse from wick polarity strict sweep timing compression and the tunable Edge Score is unique to this script at the time of publication. If you reuse parts of the open source code in your own work remember to credit the author and contribute meaningful improvements. How to read the table at a glance Action reflects your current state. IN LONG or IN SHORT appears while a trade is active. LONG or SHORT appears when conditions for entry are met and the Edge threshold is satisfied. WAIT appears when at least one gate is missing. Session shows ON during your chosen windows. Bias shows the color of the confirmation candle. Pulse is the smoothed polarity number. Comp shows current range divided by the average range. Values below one mean compression. Edge L percent and Edge S percent show the long and short checklists as percents. Final thoughts Markets move because orders accumulate at certain prices and at certain times. The indicator tries to measure two things that often matter at those turning points. One is the existence of a hidden imbalance revealed by wick polarity and by sweeps of prior extremes. The other is the presence of energy stored in a coil that can release in the direction of a drift. Neither force guarantees profit. Together they can improve your selection and your timing. Use the defaults for a few days so you learn the personality of the signals. After that adjust one group at a time. Start with the session filter and the Edge threshold. Then tune compression and the timer. Finally adjust the regime filters. Keep notes. You will learn which weights matter for your market and timeframe. The result is a process you can apply with consistency. Disclaimer This script and description are for education and analysis. They are not investment advice and they do not promise future results. Use at your own risk. Test thoroughly on historical data and in simulation before considering any live use.
Indikator Pine Script®
oleh exlux
Digital RPM HUD — 4 Feeds + Confidence + Timeline (v3)🏎️ Digital RPM HUD — 4 Feeds + Confidence + Timeline (v3) A performance-style trading dashboard for momentum-driven traders. The Digital RPM HUD gives you an instant visual readout of market “engine speed” — combining four customizable data feeds (Trend, Momentum, Volume, Volatility) into a single confidence score (0–100) and a color-coded timeline of regime changes. Think of it as a racing-inspired control panel: you only “hit the throttle” when confidence is high and all systems agree. 🔧 Key Features 4 Data Feeds – assign your own logic (EMA, RSI, RVOL, ATR, etc.). Confidence Meter – blends the four feeds into one smooth 0–100 reading. Timeline Strip – shows recent bullish / bearish / neutral states at a glance. Visual Trade Cues – optional on-chart LONG / SHORT / EXIT markers. Fully Customizable – thresholds, weights, smoothing, colors, layout. HUD Overlay – clean, minimal, and adjustable to any corner of your chart. 💡 How to Use Configure each feed to reflect your preferred signals (e.g., trend EMA 200, momentum RSI 14, volume RVOL 20, volatility ATR 14). Watch the Confidence gauge: ✅ Above Bull Threshold → Market acceleration / long bias. ❌ Below Bear Threshold → Momentum loss / short bias. ⚪ Between thresholds → Neutral zone; stay patient. Use the Timeline to confirm trend consistency — more green = bullish regime, more red = bearish. ⚙️ Recommended Setups Scalping: Trend EMA 50 + RSI 7 + RVOL 10 + ATR 7 → Fast response. Intraday: EMA 200 + RSI 14 + RVOL 20 + ATR 14 → Balanced signal. Swing: Multi-TF Trend + MACD + RVOL + ATR → Smooth and steady. ⚠️ Disclaimer This script is not a trading strategy and does not execute trades. All signals are visual aids — always confirm with your own analysis and risk management.
Indikator Pine Script®
oleh pickledness
Institutional RSI Trendline Breakout StrategyKey Features: 1. RSI Trendline Detection Automatically identifies RSI resistance (bearish) and support (bullish) trendlines Requires minimum touch points for validation Dynamic trendline calculation with configurable pivot lookback 2. Market Structure Analysis Detects swing highs/lows to identify uptrends and downtrends Combines multiple trend confirmation methods (swing structure + moving averages) Visual background highlighting for trend confirmation 3. Breakout Signals Buy Signal: RSI breaks above resistance trendline + bullish market structure Sell Signal: RSI breaks below support trendline + bearish market structure Configurable breakout threshold to avoid false signals 4. ATR-Based Stop Loss Dynamic stop loss placement based on market volatility Multiplier-adjustable for different risk profiles Visual plotting of stop loss levels 5. Signal Filters Volume filter to confirm breakout validity RSI level filters to avoid extreme conditions Multiple validation layers for institutional-grade accuracy 6. Professional Visualization Clear buy/sell signal markers on chart Information dashboard with real-time metrics Trend background highlighting Stop loss level indicators 7. Alert System Ready-to-use alerts for both buy and sell signals Includes entry price and stop loss in alert messages This script provides institutional-grade signal quality with multiple confirmation layers, optimal risk management, and comprehensive market analysis.
Indikator Pine Script®
oleh lohanineeraj
Orderflow Label with OffsetThis Pine Script automatically displays orderflow labels on the chart to visualize the current market structure and potential breakout or reversal zones. It compares the current candle’s high and low with those of the previous cycle (e.g., 90 minutes) and places descriptive labels that highlight possible bullish or bearish behavior. Functionality & Logic (Step-by-step explanation) Inputs: cycleLength: Defines the duration of one “cycle” in minutes (for example, 90 minutes). labelXOffset: Moves the label a few bars to the right, so it doesn’t overlap the current candle. labelStyleOffset: Controls whether labels appear pointing to the right or left side of the chart. Previous Cycle: The script uses request.security to retrieve the high and low from the previous cycle timeframe. These act as reference points (similar to key levels or market structure highs/lows). Current Candle: The script reads the current bar’s high, low, and close values for comparison. Orderflow Conditions: bullSupport: The current high and close are both above the previous high → bullish breakout (strong continuation). bullReject: The high breaks above the previous high but closes below → bullish rejection / possible top. bearRes: The low and close are both below the previous low → bearish breakdown (continuation to downside). bearReclaim: The low goes below the previous low but closes above → bearish reclaim / possible reversal. Label Logic: Before creating a new label, the previous one is deleted (label.delete(flowLbl)) to avoid clutter. The label’s X position is shifted using xPos = bar_index + labelXOffset. The style (left/right) is set based on the user’s preference. Displayed Labels: 🟢 Bullish Breakout → price closes above the previous cycle high. 🟠 Bullish Rejection → fake breakout or possible top. 🔴 Bearish Breakdown → price closes below the previous cycle low. 🟡 Bearish Reclaim → failed breakdown or potential trend reversal. ⚪ Neutral (Wait) → no clear signal, advises patience and watching for setups (like CHoCH or FVGs). Visual Behavior: The labels appear slightly to the right of the bar for better visibility. The color and text alignment dynamically adjust depending on whether the label is pointing left or right.
Indikator Pine Script®
oleh morris220768
Algo BOT 4.0 Strategy Description: Algo BOT 4.0 is a sophisticated multi-timeframe trading strategy that identifies high-probability reversal points using technical confluence. The strategy combines: Core Components: Multi-timeframe Pivot Analysis: Daily, Weekly, and Monthly pivot points with CPR (Central Pivot Range) RSI Momentum Filter: Higher timeframe RSI (user-configurable) for trend bias VWAP Dynamics: Volume-weighted average price with moving averages Fibonacci Strength Analysis: Candle close positions relative to 38.2% Fib levels Advanced Cooldown System: Prevents overtrading with dynamic gap requirements Entry Logic: Long Entries: RSI < 57 with bullish candle structure at key support levels Short Entries: RSI > 43 with bearish candle structure at key resistance levels Zone-based Filtering: Identifies trades near significant pivot points (D PP, D R1, D S1, W PP, M PP, VWAP) Risk Management: Dynamic cooldown periods between trades Gap-based entry optimization to ensure sufficient price movement Extreme price tracking for better entry timing Multi-condition validation to reduce false signals Alert System: Real-time alerts for both long and short entries Includes price, RSI value, and zone information Visual signals with triangle markers on chart Comprehensive status monitoring with cooldown timer
Indikator Pine Script®
oleh Sudip09m