Trend is your friendThis indicator evaluates the trend based on crosses of two McGinley moving averages. It paints candles accordingly (it does not repaint), so you can see what the indicator is saying more clearly and stay in your trade until you see a period of consolidation or a reversal. You can control how far away those moving averages need to be for you to consider it a trend. If this distance is not met candles color is not changed and it shows you that the market is in a period of consolidation. I also added visualization of RSI, so you can have an easier time finding appropriate profit targets. For stop loss I would recommend placing it a couple points above or below the previous high / low that is located above / below you final target for entry. You can also use a certain percentage that works for you. I tried adding a stop loss based on ATR, but I did not like the results. Using market structure is a better choice in my opinion.
Here is a basic trading strategy for the default settings:
Wait for the indicator to start printing a series of green or red candles. After that you can enter a long or a short around moving averages. Another valid place to entry is the specific RSI zone. If we are in an uptrend buying when RSI is oversold can be beneficial as you expect market to recover. I do not recommend changing RSI from 14. Vice versa for the downtrend. It gives you an edge as you know at what price RSI will be oversold and allows you to place trades in advance. Pretty neat! You need to realize that no indicator or strategy can give you an exact entry. There will always be some margin of error. What I wanted to say is that if there is a strong trend up and you buy around your key moving averages and when RSI is oversold you entered in good places and there is a pretty good chance you will make money.
Time frame settings:
If you want to use tighter stop losses I would recommend sticking to 15m. Do not go lower. It is not worth the stress. 1h and 4h seems to be very good as well, but expect your stop losses to be wider. What I personally tend to do is display 15m, 30m and 1h and compare it. Think of it as a short, mid and long term. That way you can see things little bit better.
Examples:
1H chart BTC
4h chart EUR / USD
1D chart NASDAQ
15m chart BTC (Daytrading)
That last chart shows that even if you were longing while the trend was about to change you still had a good chance to close it with a little profit and switch to short easily. The default settings is what has worked the best for me. Feel free to change them as you see fit and do not forget to let me know if you find something that works better :)
Notes:
Either disable wick display or change it to a neutral color like gray for both green and red candles. Unfortunately pine script does not allow wick painting, so if you have red / green wicks it will look terrible. If RSI visualization makes your candles look too small you can go to settings and disable the display of individual RSI levels. You will still be able to see the zones, but the scale won't be affected.
Cari skrip untuk "market structure"
Ichimoku-Hausky_v2.1Made a little update to my trading system. This system is made so that you can easily follow the trend and know when to get out. You still have to know basic market structure to find a good entry.
NB!! I see that i placed the entry wrong on the example, you have too wait for the EMA to go below the MA :)
I have posted the right one at the bottom.
Take profit can be set at last low or you can use trail stop on the EMA, MA, Kijun-sen or Tenkan-sen.
Example rules:
Buy:
IF Market is in a trend or are possibly close to break out of range
THEN see if price has closed above cloud
IF price has closed above cloud
THEN see if EMA has crossed above MA
IF EMA has crossed above MA
THEN buy or wait for pullback
Sell:
IF Market is in a trend or are possibly close to break out of range
THEN see if price has closed below cloud
IF price has closed below cloud
THEN see if EMA has crossed below MA
IF EMA has crossed below MA
THEN buy or wait for pullback
m1scfx Key Open LevelsICT Key Opens plots the most important session opening prices used in ICT concepts. These levels serve as key reference points for intraday bias, liquidity grabs, and market structure shifts. The indicator automatically marks the Midnight Open, London Open, and New York Open (with options for additional opens such as Weekly or Asian), so you never need to plot them manually. Each level is customizable with colors and styles, making it easy to track how price reacts around them. Perfect for traders who follow ICT concepts, this tool helps you quickly identify bias, anticipate liquidity hunts, and align your setups with institutional order flow.
EITS - Market StructureThis script marks the Swing Lows and Highs of a chosen pair. H,HH,L,LL,HL,LH will be marked on chart. Have fun!!
Custom Trade Checklist by [YSFX]# Custom Trade Checklist: Your On-Chart Trading Co-Pilot
## Overview
Ever taken a trade based on impulse, only to realize you forgot a key step in your analysis? The Custom Trade Checklist is a simple yet powerful on-chart utility designed to help you remain disciplined and consistent with your trading strategy.
By externalizing your trading plan into a visible, interactive checklist, you can reduce emotional decision-making and systematically verify your criteria before entering or exiting a trade. This tool acts as your personal co-pilot, ensuring you follow your rules on every single trade.
## Key Features
✅ Fully Customizable Rules: Define up to 10 unique checklist items tailored to your specific trading strategy. Examples include "Market Structure Aligned?", "RSI Oversold?", "News Events Checked?", or "Risk/Reward > 2:1?".
⚪ Dynamic Status Tracking: Use a simple dropdown menu in the settings to mark each rule with intuitive symbols like:
✅ / ✓ - Completed / True
❌ / ✕ - Failed / False
🟡 - Pending / Caution
⚪ - Neutral / Not Checked
And many more for complete flexibility.
📋 Clean & Minimalist Display: The checklist is presented in a clean, unobtrusive table that can be positioned in any corner of your chart, ensuring it provides guidance without cluttering your analysis.
⚙️ Flexible Configuration:
Choose the maximum number of entries to display.
Optionally hide disabled checklist items to keep your view focused on what's active.
Customize the table title to match your strategy (e.g., "Pre-Trade Checklist", "Swing Trade Rules").
🎨 Complete Color Control: Personalize every aspect of the table's appearance. You can independently set the colors for the title, text, background, border, and each individual status symbol to perfectly match your chart's theme.
## How to Use
Add the Indicator to your chart.
Open the Settings Panel by clicking the gear icon (⚙️) on the indicator.
Define Your Rules:
Go through Entry 1 to Entry 10.
For each rule you want to use, check the box to enable it.
In the text field, write your rule (e.g., "Price above 200 EMA").
Update Your Status: Before placing a trade, go back into the settings and update the status dropdown for each rule based on your analysis.
Customize Appearance:
Under the "General" tab, change the table title and position.
Under the "Colors" tab, adjust the colors to your liking.
## Who Is This For?
This tool is perfect for:
Discretionary Traders who need to enforce a consistent set of rules.
New Traders looking to build good habits and internalize their trading plan.
Systematic Traders who want a final pre-flight check before executing a trade.
Anyone working on improving their trading psychology and reducing impulsive actions.
This indicator does not generate signals or trading advice; it is a utility to support the trader's own process and discipline. We hope it helps you achieve greater consistency in your trading journey!
Rolling Range Bands by tvigRolling Range Bands
Plots two dynamic price envelopes that track the highest and lowest prices over a Short and Long lookback. Use them to see near-term vs. broader market structure, evolving support/resistance, and volatility changes at a glance.
What it shows
• Short Bands: recent trading range (fast, more reactive).
• Long Bands: broader range (slow, structural).
• Optional step-line style and shaded zones for clarity.
• Option to use completed bar values to avoid intrabar jitter (no repaint).
How to read
• Price pressing the short high while the long band rises → short-term momentum in a larger uptrend.
• Price riding the short low inside a falling long band → weakness with trend alignment.
• Band squeeze (narrowing) → compression; watch for breakout.
• Band expansion (widening) → rising volatility; expect larger swings.
• Repeated touches/rejections of long bands → potential areas of support/resistance.
Inputs
• Short Window, Long Window (bars)
• Use Close only (vs. High/Low)
• Use completed bar values (stability)
• Step-line style and Band shading
Tips
• Works on any symbol/timeframe; tune windows to your market.
• For consistent scaling, pin the indicator to the same right price scale as the chart.
Not financial advice; combine with trend/volume/RSI or your system for entries/exits.
ICC Indicator V6An adjustable Pine Script v6 “ICC” indicator that detects Indication → Correction → Continuation market structure across timeframes with optional volume confirmation, plots swing levels and zones, shows editable labels and toggleable yellow buy/sell triangle signals, and includes debug tools for tuning.
RTC EMA/SMA Combo IndicatorRTC Combo indicator with 20 EMA, 50 EMA and 200 SMA
Primarily used for Market Structure purpose
[davidev] EMA/MA with projection# EMA/MA with projection
## What it is
A lightweight overlay that plots up to three EMAs and one MA (default: 5/21/55 EMAs and 200 MA) and draws a forward projection from the current bar. The projection extrapolates the latest per-bar change (slope) to visualize where each average *could* be in the next N bars—useful for planning entries, dynamic support/resistance, and anticipating crossovers.
Note: The projection is a simple linear extrapolation of the most recent change. It is not a prediction or signal.
## How it works
Computes EMA1, EMA2, EMA3 and MA (SMA) on your chosen sources.
On the last bar only, it draws a short line segment ahead by `Bars Ahead`, using the most recent change (`ta.change()`) × number of bars to project the line.
Lines are **reused** and updated each tick (no clutter), and deleted on historical bars to avoid artifacts.
## Good for
Visualizing **dynamic levels** slightly ahead of price.
Quickly gauging **momentum** and **slope** of your moving averages.
Sketching possible **crossover timing** (e.g., 5 vs 21 EMA) without changing timeframe.
Cleaner charting: projection only renders on the last bar, so historical candles stay uncluttered.
## Tips
Combine with your market structure/volume tools; the projection helps **plan**, not predict.
Shorter EMAs react faster and will show more pronounced projected moves; longer MAs remain steadier.
Increase `Bars Ahead` on higher timeframes; keep it small on scalping charts to avoid overreach.
Smart Money Concepts - (confirmed + ATR + MTF ) ritMaps market structure with confirmed pivots and quantifies SMC events (CHoCH/SMS/BMS) as real-time probabilities. Includes ATR swing-size filter, HTF MA bias gate, and label throttling to cut noise. Shows Premium/Discount/Mid zones and a compact table with Wins/Losses, Profitability, Laplace-smoothed rate, and Wilson confidence band. Optional alerts output ticker, timeframe, and the current probability summary. Designed to be confirmation-based (reduced repaint) and adaptable to any symbol/timeframe.
Smart Money Concepts - v2 (confirmed + ATR + MTF + smoothing)Maps market structure with confirmed pivots and quantifies SMC events (CHoCH/SMS/BMS) as real-time probabilities. Includes ATR swing-size filter, HTF MA bias gate, and label throttling to cut noise. Shows Premium/Discount/Mid zones and a compact table with Wins/Losses, Profitability, Laplace-smoothed rate, and Wilson confidence band. Optional alerts output ticker, timeframe, and the current probability summary. Designed to be confirmation-based (reduced repaint) and adaptable to any symbol/timeframe.
Liquidity Lines 2.0Liquidity Lines Indicator Description:
This indicator detects points of liquidity based on reversals in price action. It simulates simple moving average (SMA) candles and identifies when raw price candles engulf either the low of a bullish SMA candle or the high of a bearish SMA candle. The liquidity point is then placed at the high of the bearish SMA candle or the low of the bullish SMA candle. These levels often correspond to areas where many traders place stop-loss orders and can provide insight into where “smart money” might be hunting liquidity.
Features and Alerts:
Liquidity Lines automatically track upper and lower liquidity levels and plot them as customizable horizontal lines on the chart. Users can adjust line length, color, width, and style, and choose whether lines extend to the right. The indicator also detects when these liquidity levels are “swept” by price and triggers alerts in real time, allowing traders to be notified of potential stop-loss hunts or key market reactions as they happen. This makes it easy to monitor critical liquidity zones without constantly watching the chart.
How to Use Strategically:
Traders can use these liquidity points to anticipate potential price reactions. For example, if price approaches a lower liquidity line from above, it may act as support or a zone where stop orders are being triggered. Conversely, an upper liquidity line may act as resistance or a trigger zone for stops above the market. Combining these levels with your existing market structure, trend analysis, or confirmation signals can help identify high-probability entries, exits, and areas where smart money activity may occur.
ICT Sweep + FVG Entry (v6) • Pro Pack 📌 ICT Sweep + FVG Entry Pro Pack
This indicator combines key ICT price action concepts with practical execution tools to help traders spot high-probability setups faster and more objectively. It’s designed for scalpers and intraday traders who want to keep their chart clean but never miss critical market structure events.
🔑 Features
Liquidity Pools (HTF)
• Auto-detects recent swing highs/lows from higher timeframes (5m/15m).
• Draws both lines and optional rectangles/zones for clear liquidity areas.
Liquidity Sweeps (BSL/SSL)
• Identifies when price sweeps above/below liquidity pools and rejects back.
• Optional Grade-A sweep filter (wick size + strong re-entry).
Fair Value Gaps (FVGs)
• Highlights bullish/bearish imbalances.
• Optional midline (50%) entry for precision.
• Auto-invalidation when price fully closes inside the gap.
Killzones (New York)
• Highlights AM (9:30–11:30) and PM (14:00–15:30) killzones.
• Option to block signals outside killzones for higher strike rate.
Bias Badge (DR50)
• Displays if price is trading in a Bull, Bear, or Range context based on displacement range midpoint.
SMT Assist (NQ vs ES)
• Detects simple divergences between indices:
Bearish SMT → NQ makes HH while ES doesn’t.
Bullish SMT → NQ makes LL while ES doesn’t.
SL/TP Helper & R:R Label
• Automatically draws stop loss (at sweep extreme) and target (opposite pool or recent swing).
• Displays expected Risk:Reward ratio and blocks entries if below your chosen minimum.
Filters
• ATR filter ensures signals only appear in sufficient volatility.
• Sweep quality filter avoids weak wicks and fake-outs.
🎯 How to Use
Start on HTF (5m/15m) → Identify liquidity zones and bias.
Drop to LTF (1m) → Wait for a liquidity sweep confirmation.
Check for FVG in the sweep’s direction → Look for retest entry.
Use the SL/TP helper to validate your risk/reward before taking the trade.
Focus entries during NY Killzones for maximum effectiveness.
✅ Why this helps
This tool reduces screen time and hesitation by automating repetitive ICT concepts:
Liquidity pools, sweeps, and FVGs are marked automatically.
Killzone timing and SMT divergence are simplified.
Clear visual signals for entries with built-in RR filter help keep your trading mechanical.
⚠️ Disclaimer: This script is for educational purposes only. It does not provide financial advice or guarantee results. Always use proper risk management.
Keks Key Level Fx SessionsThis script is designed to automatically plot and manage key levels for the major FX trading sessions (London, New York, and Asia). It helps traders identify the most relevant price areas that often act as support, resistance, or breakout zones during active market hours.
Key features:
Marks session highs, lows, and midpoints
Visualizes key intraday levels for better market structure analysis
Highlights potential breakout and retest areas
Works across multiple timeframes for flexibility
Clean and minimal chart design to avoid clutter
This tool is especially useful for traders who rely on session-based strategies, such as breakout trading, retests, or range trading, by providing a clear visual guide to the most important price zones.
Price Action [BreakOut] InternalKey Features and Functionality
Support & Resistance (S/R): The script automatically identifies and draws support and resistance lines based on a user-defined "swing period." These lines are drawn from recent pivot points, and users can customize their appearance, including color, line style (solid, dashed, dotted), and extension (left, right, or both). The indicator can also display the exact price of each S/R level.
Trendlines: It draws trendlines connecting pivot highs and pivot lows. This feature helps visualize the current trend direction. Users can choose to show only the newest trendlines, customize their length and style, and select the source for the pivot points (e.g., candle close or high/low shadow).
Price Action Pivots: This is a core component that identifies and labels different types of pivots based on price action: Higher Highs (HH), Lower Highs (LH), Higher Lows (HL), and Lower Lows (LL). These pivots are crucial for understanding market structure and identifying potential trend changes. The script marks these pivots with shapes and can display their price values.
Fractal Breakouts: The script identifies and signals "fractal breakouts" and "breakdowns" when the price closes above a recent high pivot or below a recent low pivot, respectively. These signals are visually represented with up (⬆) and down (⬇) arrow symbols on the chart.
Customization and Alerts: The indicator is highly customizable. You can toggle on/off various features (S/R, trendlines, pivots, etc.), adjust colors, line styles, and text sizes. It also includes an extensive list of alert conditions, allowing traders to receive notifications for:
Price Crossovers: When the close price crosses over or under a support or resistance level.
Trendline Breaks: When the price breaks above an upper trendline or below a lower trendline.
Fractal Breaks: When a fractal breakout or breakdown occurs.
BTC Macro Composite Global liquidity Index -OffsetThis indicator is based on the thesis that Bitcoin price movements are heavily influenced by macro liquidity trends. It calculates a weighted composite index based on the following components:
• Global Liquidity (41%): Sum of central bank balance sheets (Fed , ECB , BoJ , and PBoC ), adjusted to USD.
• Investor Risk Appetite (22%): Derived from the Copper/Gold ratio, inverse VIX (as a risk-on signal), and the spread between High Yield and Investment Grade bonds (HY vs IG OAS).
• Gold Sensitivity (15–20%): Combines the XAUUSD price with BTC/Gold ratio to reflect the historical influence of gold on Bitcoin pricing.
Each component is normalized and then offset forward by 90 days to attempt predictive alignment with Bitcoin’s price.
The goal is to identify macro inflection points with high predictive value for BTC. It is not a trading signal generator but rather a macro trend context indicator.
❗ Important: This script should be used with caution. It does not account for geopolitical shocks, regulatory events, or internal BTC market structure (e.g., miner behavior, on-chain metrics).
💡 How to use:
• Use on the 1D timeframe.
• Look for divergences between BTC price and the macro index.
• Apply in confluence with other technical or fundamental frameworks.
🔍 Originality:
While similar components exist in macro dashboards, this script combines them uniquely using time-forward offsets and custom weighting specifically tailored for BTC behavior.
B@dshah Indicator🚀 Advanced Multi-Indicator Trading System
A comprehensive trading indicator that combines multiple technical analysis tools for high-probability signal generation:
📊 CORE FEATURES:
- EMA Trend Analysis (Fast/Slow crossovers)
- RSI Momentum Detection
- MACD Signal Confirmation
- Bollinger Bands (Squeeze & Mean Reversion)
- Fibonacci Retracement Levels
- Volume & ATR Filtering
- Multi-Confluence Scoring System (0-10 scale)
🎯 SIGNAL QUALITY:
- Non-repainting signals (confirmed at bar close)
- Minimum 60% strength threshold for trades
- Dynamic TP/SL based on market structure
- Real-time win rate tracking
- Signal strength percentage display
⚙️ UNIQUE FEATURES:
- BB Squeeze detection for volatility breakouts
- Fibonacci level confluence analysis
- Smart position sizing recommendations
- Visual TP/SL lines with outcome tracking
- Comprehensive statistics table
🔔 ALERTS INCLUDED:
- Buy/Sell signals with strength ratings
- TP/SL hit notifications
- BB squeeze/expansion alerts
- Fibonacci level touches
Best used on 1H+ timeframes for optimal results.
Perfect for swing trading and position entries.
Extreme Zone Volume ProfileExtreme Zone Volume Profile (EZVP)
Originality & Innovation
The Extreme Zone Volume Profile (EZVP) revolutionizes traditional volume profile analysis by applying statistical zone classification to volume distribution. Unlike standard volume profiles that display raw volume data, EZVP segments the price range into statistically meaningful zones based on percentile thresholds, allowing traders to instantly identify where volume concentration suggests strong support/resistance versus areas of potential breakout.
Technical Methodology
Core Algorithm:
Distributes volume across user-defined bins (20-200) over a lookback period
Calculates volume-weighted price levels for each bin
Applies percentile-based zone classification to the price range (not volume ranking)
Zone B (extreme zones): Outer percentile tails representing potential rejection areas
Zone A (significant zones): Secondary percentile bands indicating strong interest levels
Center Zone: Bulk trading range where most price discovery occurs
Mathematical Foundation:
The script uses price-range percentiles rather than volume percentiles. If the total price range is divided into 100%, Zone B captures the extreme price tails (default 2.5% each end ≈ 2 standard deviations), Zone A captures the next significant bands (default 14% each ≈ 1 standard deviation), leaving the center for normal distribution trading.
Key Calculations:
POC (Point of Control): Price level with maximum volume accumulation
Volume-weighted mean price: Total volume × price / total volume
Median price: Geometric center of the price range
Rightward-projected bars: Volume bars extend forward from current time to avoid historical chart clutter
Trading Applications
Zone Interpretation:
Zone B (Red/Green): Extreme price levels where volume suggests strong rejection potential. Price reaching these zones often indicates overextension and possible reversal points.
Zone A (Orange/Teal): Significant support/resistance areas with substantial volume interest. These levels often act as intermediate targets or consolidation zones.
Center (Gray): Fair value area where most trading occurs. Price tends to return to this range during normal market conditions.
Strategic Usage:
Reversal Trading: Look for rejection signals when price enters Zone B areas
Breakout Confirmation: Volume expansion beyond Zone B boundaries suggests genuine breakouts
Support/Resistance: Zone A boundaries often provide reliable entry/exit levels
Mean Reversion: Price tends to gravitate toward the volume-weighted mean and POC lines
Unique Value Proposition
EZVP addresses three key limitations of traditional volume profiles:
Visual Clarity: Standard profiles can be cluttered and difficult to interpret quickly. EZVP's color-coded zones provide instant visual feedback about price significance.
Statistical Framework: Rather than relying on subjective interpretation of volume nodes, EZVP applies objective percentile-based classification, making support/resistance identification more systematic.
Forward-Looking Display: Rightward-projecting bars keep historical price action clean while maintaining current market structure visibility.
Configuration Guide
Lookback Period (10-1000): Controls the historical depth of volume calculation. Shorter periods for intraday scalping, longer for swing trading.
Number of Bins (20-200): Resolution of volume distribution. Higher values provide more granular analysis but may create noise on lower timeframes.
Zone Percentages:
Zone B: Extreme threshold (default 2.5% = ~2σ statistical significance)
Zone A: Significant threshold (default 14% = ~1σ statistical significance)
Visual Controls: Toggle individual elements (POC, median, mean, zone lines) to customize display complexity for your trading style.
Technical Requirements
Pine Script v6 compatible
Maximum bars back: 5000 (ensures sufficient historical data)
Maximum boxes: 500 (supports high-resolution bin counts)
Maximum lines: 50 (accommodates all zone and reference lines)
This indicator synthesizes volume profile theory with statistical zone analysis, providing a quantitative framework for identifying high-probability support/resistance levels based on volume distribution patterns rather than arbitrary price levels.
Swing Highs/Lows & Candle Patterns[LuxAlgo] [Filtered]Swing Highs/Lows & Candle Patterns - Tweaked Version
This indicator is a customized and enhanced version of LuxAlgo’s original Swing Highs/Lows & Candle Patterns indicator. It identifies and labels critical swing high and swing low points to help visualize market structure, alongside detecting key reversal candlestick patterns such as Hammer, Inverted Hammer, Bullish Engulfing, Hanging Man, Shooting Star, and Bearish Engulfing.
With added options to selectively display only Lower Highs (LH) and Higher Lows (HL), this tweaked version offers greater flexibility for traders focusing on specific market dynamics. Users can also customize the lookback length and label styling to fit their preferences.
Credit to LuxAlgo for the original concept and foundation of this powerful tool, which this script builds upon to support more tailored technical analysis. Ideal for swing traders and technical analysts seeking improved entry and exit signals through a combination of price swings and candlestick pattern recognition.
MTF Last Closed Highs & LowsThis indicator plots the most recent closed high and low levels from multiple timeframes (4H, Daily, Weekly, Monthly, etc.) directly on your chart. It helps traders quickly spot key support and resistance zones, track market structure across different timeframes, and identify breakout or reversal opportunities.
HorizonSigma Pro [CHE]HorizonSigma Pro
Disclaimer
Not every timeframe will yield good results . Very short charts are dominated by microstructure noise, spreads, and slippage; signals can flip and the tradable edge shrinks after costs. Very high timeframes adapt more slowly, provide fewer samples, and can lag regime shifts. When you change timeframe, you also change the ratios between horizon, lookbacks, and correlation windows—what works on M5 won’t automatically hold on H1 or D1. Liquidity, session effects (overnight gaps, news bursts), and volatility do not scale linearly with time. Always validate per symbol and timeframe, then retune horizon, z-length, correlation window, and either the neutral band or the z-threshold. On fast charts, “components” mode adapts quicker; on slower charts, “super” reduces noise. Keep prior-shift and calibration enabled, monitor Hit Rate with its confidence interval and the Brier score, and execute only on confirmed (closed-bar) values.
For example, what do “UP 61%” and “DOWN 21%” mean?
“UP 61%” is the model’s estimated probability that the close will be higher after your selected horizon—directional probability, not a price target or profit guarantee. “DOWN 21%” still reports the probability of up; here it’s 21%, which implies 79% for down (a short bias). The label switches to “DOWN” because the probability falls below your short threshold. With a neutral-band policy, for example ±7%, signals are: Long above 57%, Short below 43%, Neutral in between. In z-score mode, fixed z-cutoffs drive the call instead of percentages. The arrow length on the chart is an ATR-scaled projection to visualize reach; treat it as guidance, not a promise.
Part 1 — Scientific description
Objective.
The indicator estimates the probability that price will be higher after a user-defined horizon (a chosen number of bars) and emits long, short, or neutral decisions under explicit thresholds. It combines multi‑feature, z‑normalized inputs, adaptive correlation‑based weighting, a prior‑shifted sigmoid mapping, optional rolling probability calibration, and repaint‑safe confirmation. It also visualizes an ATR‑scaled forward projection and prints a compact statistics panel.
Data and labeling.
For each bar, the target label is whether price increased over the past chosen horizon. Learning is deliberately backward‑looking to avoid look‑ahead: features are associated with outcomes that are only known after that horizon has elapsed.
Feature engineering.
The feature set includes momentum, RSI, stochastic %K, MACD histogram slope, a normalized EMA(20/50) trend spread, ATR as a share of price, Bollinger Band width, and volume normalized by its moving average. All features are standardized over rolling windows. A compressed “super‑feature” is available that aggregates core trend and momentum components while penalizing excessive width (volatility). Users can switch between a “components” mode (weighted sum of individual features) and a “super” mode (single compressed driver).
Weighting and learning.
Weights are the rolling correlations between features (evaluated one horizon ago) and realized directional outcomes, smoothed by an EMA and optionally clamped to a bounded range to stabilize outliers. This produces an adaptive, regime‑aware weighting without explicit machine‑learning libraries.
Scoring and probability mapping.
The raw score is either the weighted component sum or the weighted super‑feature. The score is standardized again and passed through a sigmoid whose steepness is user‑controlled. A “prior shift” moves the sigmoid’s midpoint to the current base rate of up moves, estimated over the evaluation window, so that probabilities remain well‑calibrated when markets drift bullish or bearish. Probabilities and standardized scores are EMA‑smoothed for stability.
Decision policy.
Two modes are supported:
- Neutral band: go long if the probability is above one half plus a user‑set band; go short if it is below one half minus that band; otherwise stay neutral.
- Z‑score thresholds: use symmetric positive/negative cutoffs on the standardized score to trigger long/short.
Repaint protection.
All values used for decisions can be locked to confirmed (closed) bars. Intrabar updates are available as a preview, but confirmed values drive evaluation and stats.
Calibration.
An optional rolling linear calibration maps past confirmed probabilities to realized outcomes over the evaluation window. The mapping is clipped to the unit interval and can be injected back into the decision logic if desired. This improves reliability (probabilities that “mean what they say”) without necessarily improving raw separability.
Evaluation metrics.
The table reports: hit rate on signaled bars; a Wilson confidence interval for that hit rate at a chosen confidence level; Brier score as a measure of probability accuracy; counts of long/short trades; average realized return by side; profit factor; net return; and exposure (signal density). All are computed on rolling windows consistent with the learning scheme.
Visualization.
On the chart, an arrowed projection shows the predicted direction from the current bar to the chosen horizon, with magnitude scaled by ATR (optionally scaled by the square‑root of the horizon). Labels display either the decision probability or the standardized score. Neutral states can display a configurable icon for immediate recognition.
Computational properties.
The design relies on rolling means, standard deviations, correlations, and EMAs. Per‑bar cost is constant with respect to history length, and memory is constant per tracked series. Graphical objects are updated in place to obey platform limits.
Assumptions and limitations.
The method is correlation‑based and will adapt after regime changes, not before them. Calibration improves probability reliability but not necessarily ranking power. Intrabar previews are non‑binding and should not be evaluated as historical performance.
Part 2 — Trader‑facing description
What it does.
This tool tells you how likely price is to be higher after your chosen number of bars and converts that into Long / Short / Neutral calls. It learns, in real time, which components—momentum, trend, volatility, breadth, and volume—matter now, adjusts their weights, and shows you a probability line plus a forward arrow scaled by volatility.
How to set it up.
1) Choose your horizon. Intraday scalps: 5–10 bars. Swings: 10–30 bars. The default of 14 bars is a balanced starting point.
2) Pick a feature mode.
- components: granular and fast to adapt when leadership rotates between signals.
- super: cleaner single driver; less noise, slightly slower to react.
3) Decide how signals are triggered.
- Neutral band (probability based): intuitive and easy to tune. Widen the band for fewer, higher‑quality trades; tighten to catch more moves.
- Z‑score thresholds: consistent numeric cutoffs that ignore base‑rate drift.
4) Keep reliability helpers on. Leave prior shift and calibration enabled to stabilize probabilities across bullish/bearish regimes.
5) Smoothing. A short EMA on the probability or score reduces whipsaws while preserving turns.
6) Overlay. The arrow shows the call and a volatility‑scaled reach for the next horizon. Treat it as guidance, not a promise.
Reading the stats table.
- Hit Rate with a confidence interval: your recent accuracy with an uncertainty range; trust the range, not only the point.
- Brier Score: lower is better; it checks whether a stated “70%” really behaves like 70% over time.
- Profit Factor, Net Return, Exposure: quick triage of tradability and signal density.
- Average Return by Side: sanity‑check that the long and short calls each pull their weight.
Typical adjustments.
- Too many trades? Increase the neutral band or raise the z‑threshold.
- Missing the move? Tighten the band, or switch to components mode to react faster.
- Choppy timeframe? Lengthen the z‑score and correlation windows; keep calibration on.
- Volatility regime change? Revisit the ATR multiplier and enable square‑root scaling of horizon.
Execution and risk.
- Size positions by volatility (ATR‑based sizing works well).
- Enter on confirmed values; use intrabar previews only as early signals.
- Combine with your market structure (levels, liquidity zones). This model is statistical, not clairvoyant.
What it is not.
Not a black‑box machine‑learning model. It is transparent, correlation‑weighted technical analysis with strong attention to probability reliability and repaint safety.
Suggested defaults (robust starting point).
- Horizon 14; components mode; weight EMA 10; correlation window 500; z‑length 200.
- Neutral band around seven percentage points, or z‑threshold around one‑third of a standard deviation.
- Prior shift ON, Calibration ON, Use calibrated for decisions OFF to start.
- ATR multiplier 1.0; square‑root horizon scaling ON; EMA smoothing 3.
- Confidence setting equivalent to about 95%.
Disclaimer
No indicator guarantees profits. HorizonSigma Pro is a decision aid; always combine with solid risk management and your own judgment. Backtest, forward test, and size responsibly.
The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context.
Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved.
By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk.
Enhance your trading precision and confidence 🚀
Best regards
Chervolino
Multi HTF High/Low LevelsThis indicator plots the previous high and low from up to four user-defined higher timeframes (HTF), providing crucial levels of support and resistance. It's designed to be both powerful and clean, giving you a clear view of the market structure from multiple perspectives without cluttering your chart.
Key Features:
Four Customizable Timeframes: Configure up to four distinct higher timeframes (e.g., 1-hour, 4-hour, Daily, Weekly) to see the levels that matter most to your trading style.
Automatic Visibility: The indicator is smart. It automatically hides levels from any timeframe that is lower than your current chart's timeframe. For example, if you're viewing a Daily chart, the 4-hour levels won't be shown.
Clean On-Chart Lines: The high and low for each timeframe are displayed as clean, extended horizontal lines, but only for the duration of the current higher-timeframe period. This keeps your historical chart clean while still showing the most relevant current levels.
Persistent Price Scale Labels: For easy reference, the price of each high and low is always visible on the price scale and in the data window. This is achieved with an invisible plot, giving you the accessibility of a plot without the visual noise.
How to Use:
Go into the indicator settings.
Under each "Timeframe" group, check the "Show" box to enable that specific timeframe.
Select your desired timeframe from the dropdown menu.
The indicator will automatically calculate and display the previous high and low for each enabled timeframe.
NQ FVG + MSS ChecklistThe NQ FVG + MSS Quick Checklist is a simple yet powerful visual tool for traders focusing on the Nasdaq 100 (NQ) futures. It provides a step-by-step checklist to assess trade setups based on key market concepts like Fair Value Gaps (FVG), Market Structure Shifts (MSS), session highs/lows, and previous day levels.
This indicator helps you quickly see which elements of your trading plan are met before entering a trade. Each checklist item can be manually toggled, and a cumulative Trade Score provides a quick visual guide to setup strength.
Key Features:
Step-by-step checklist for NQ trading setups
Track levels: Session highs/lows & Previous Day High/Low
Spot 5M FVG and Retests
Identify MSS on 1M and find 1M FVG inside MSS
Manual SL & TP guidance
Trade Score for quick setup strength assessment
Fully visible table overlay on top of the chart
How to Use:
Mark session & previous day levels
Observe reaction at key levels (Sweep or Continue)
Identify 5M FVG and any retests
Spot 1M MSS and 1M FVG inside MSS
Set SL/TP based on FVG extremes and next session levels
Check the cumulative Trade Score for setup confirmation
Note: This indicator is manual input-based, letting traders tick off items as they analyze the chart, making it a lightweight trading checklist HUD that stays on top of all chart elements.
