Smart Fixed Volume Profile [MarkitTick]💡 This comprehensive analysis suite integrates Auction Market Theory, structural gap analysis, and statistical liquidity strain modeling into a single, cohesive toolkit. Designed for traders who require a granular view of institutional order flow, this indicator overlays a Fixed Range Volume Profile with intelligent price gap classification and a volatility-adjusted exhaustion detector. By combining these three distinct analytical dimensions, it allows users to identify value consensus, structural breakouts, and potential market turns driven by liquidity shortages.
✨ Originality and Utility
While standard Volume Profiles display where trading occurred, this script advances the concept by contextually analyzing *how* price arrived at those levels. It solves the problem of isolated analysis by fusing three disparate methodologies:
Contextual Integration: It does not merely show support and resistance; it qualifies moves using "Smart Gaps" (classifying gaps based on market structure) and "Liquidity Strain" (identifying unsustainable price velocity).
Institutional Footprint: The inclusion of an "Unusual Volume" highlighter within the profile bars helps traders spot hidden institutional accumulation or distribution blocks that standard profiles miss.
Hybrid Logic: By combining a fixed-time profile (anchored to specific dates) with dynamic, developing gap analysis, it provides both a static roadmap of the past and a dynamic interpretation of current price action.
🔬 Methodology and Concepts
• Fixed Volume Profile Engine
The core of the indicator constructs a volume distribution histogram over a user-defined time window. It utilizes a custom aggregation engine that:
Fetches higher-timeframe volume and price data to ensure accuracy.
Segments the price range into specific "bins" or rows.
Allocates volume to these bins based on price action within the bar, separating Buying Volume (Up bars) from Selling Volume (Down bars).
Calculates the Point of Control (POC) —the price level with the highest traded volume—and the Value Area , which contains 70% (customizable) of the total volume centered around the POC.
• Smart Gap Logic
The script systematically identifies price gaps and classifies them based on their location relative to market pivots (Highs/Lows):
Breakaway Gaps: Occur when price gaps beyond a significant structural pivot (Lookback High/Low), signaling a potential trend initiation.
Runaway Gaps: Occur within an existing trend without breaking structure, indicating trend continuation.
Exhaustion Gaps: Identified when a gap occurs late in a mature trend (measured by bar count since the last pivot) accompanied by a volume spike, suggesting the trend is overextended.
• Liquidity Strain Detector
This module utilizes a statistical approach to measure market stress. It calculates "Illiquidity" by analyzing the ratio of True Range to Volume (Price Impact).
It applies a Logarithmic transformation to normalize the data.
It calculates a Z-Score (Standard Deviation from the mean) of this impact.
If the Z-Score exceeds a threshold (e.g., 2.0 Sigma) while the trend opposes the price move, it triggers an exhaustion signal, indicating that price is moving too easily on too little volume (thin liquidity).
🎨 Visual Guide
• Volume Profile Elements
Histogram Bars: Horizontal bars representing volume at price. Cyan indicates bullish volume; Red indicates bearish volume.
Unusual Volume Highlight: Bars with volume exceeding the average by a set factor (default 2x) are highlighted with brighter, distinct overlays to denote institutional interest.
POC Line: A solid Yellow line marking the price level with the highest volume.
VAH / VAL Lines: Dashed Blue lines marking the Value Area High and Value Area Low.
Background Box: A grey shaded area encapsulating the entire time and price range of the profile.
• Smart Gap Boxes
Blue Box (Breakaway): Marks the start of a new structural move.
Orange Box (Runaway): Marks continuation gaps in the middle of a trend.
Red Box (Exhaustion): Marks potential trend termination points.
Dotted Lines: Extend from the center of gap boxes to serve as future support/resistance levels. These boxes are automatically deleted if price "fills" or violates the gap level.
Note: This tool incorporates core components from [ Smart Gap Concepts ], optimized for this specific strategy.
• Liquidity Signals
Green Label (SE): "Seller Exhaustion" – Appears below bars in a downtrend when selling pressure is statistically overextended.
Red Label (BE): "Buyer Exhaustion" – Appears above bars in an uptrend when buying pressure is statistically overextended.
Note: This tool incorporates core components from [ Liquidity Strain Detector ], optimized for this specific strategy.
📖 How to Use
• Interactive Range Selection: This indicator features a flexible, interactive input system. Upon adding the script to your chart, execution is paused until the analysis range is defined. You will be prompted to click on the chart twice: first to establish the Start Date and second to establish the End Date. Once these anchor points are confirmed, the indicator will automatically load the data and generate the profile for the selected specific period.
● Strategies for Optimal Anchoring
the optimal starting and ending points for high-probability setups:
Swing Highs and Lows (Trend Analysis):
Anchor the Start Date at a major structural swing high or low and the End Date at the current price using the Extend to Present feature. This identifies the "Fair Value" for the entire price move .
Consolidation/Range Anchoring:
Set the Start Date at the first bar of a sideways range and the End Date at the breakout candle. This reveals the high-node volume clusters that will act as future support or resistance.
Session-Based Anchoring (Intraday):
Align the Start Date with the session open (e.g., London or New York open) to track institutional flow for that specific day .
Event-Driven Anchoring:
Place the Start Date on a significant news event or a Breakaway Gap identified by the script's Gap Engine. This helps determine if the new volume supports the direction of the gap.
Correction Cycles:
During a pullback, anchor the Start Date at the start of the correction to find the Value Area Low (VAL), which often serves as a tactical entry point for a trend continuation.
• Identifying Value:
Use the Value Area to gauge market consensus. Acceptance of price within the VA indicates balance. A breakout above VAH or below VAL suggests the market is searching for new value. The POC often acts as a magnet for price correction.
• Trading Breakouts:
Watch for Breakaway Gaps (Blue) that align with a move out of the Volume Profile's Value Area. This confluence increases the probability of a sustained trend.
• Spotting Reversals:
Combine Exhaustion Gaps (Red) with Liquidity Strain Signals (SE/BE) . If price gaps up into a low-volume node on the profile and prints a "Buyer Exhaustion" signal, it suggests the move is unsupported by liquidity and liable to reverse.
• Support and Resistance:
The extended dotted lines from the Smart Gap boxes act as dynamic support/resistance. A retest of a "Runaway Gap" is often a viable entry point for trend continuation.
⚙️ Inputs and Settings
• Global Profile:
Start/End Date: Define the exact window for the volume profile calculation.
Extend to Present: If checked, the profile updates with live data beyond the end date.
• Profile Settings:
Number of Rows: Determines the vertical resolution (granularity) of the histogram.
Value Area %: Default is 70%, representing one standard deviation of volume distribution.
Placement: Position the profile on the Left or Right of the defined range.
• Liquidity & Gaps:
Unusual Threshold: Multiplier of average volume to highlight institutional bars (default 2.0x).
Structure Lookback: Adjusts the sensitivity of pivot detection for gap classification.
Stress Threshold (Sigma): The Z-Score limit for triggering Liquidity Strain signals (default 2.0).
🔍 Deconstruction of the Underlying Scientific and Academic Framework
• Auction Market Theory (AMT):
The script is grounded in AMT, which posits that the market's primary function is to facilitate trade. The Volume Profile visualizes this by displaying a bell curve of price distribution. The Value Area (typically 70%) corresponds to the First Standard Deviation in a normal Gaussian distribution, representing the area of "Fair Value" where buyers and sellers agree.
• Market Microstructure & Kyle’s Lambda:
The Liquidity Strain module draws conceptually from Kyle’s Lambda, a metric in market microstructure that measures market depth and price impact (Illiquidity). By calculating the ratio of price change (True Range) to Volume, the script approximates the "cost" of moving the market.
• Statistical Z-Score Normalization:
To make the liquidity data actionable, the script applies Z-Score normalization: Z = (X - μ) / σ . This converts raw illiquidity values into standard deviations from the mean. A Z-Score above +2.0 signifies a statistically significant anomaly—an outlier event where price moved excessively relative to the volume traded, often preceding a mean-reversion event.
⚠️ Disclaimer
All provided scripts and indicators are strictly for educational exploration and must not be interpreted as financial advice or a recommendation to execute trades. I expressly disclaim all liability for any financial losses or damages that may result, directly or indirectly, from the reliance on or application of these tools. Market participation carries inherent risk where past performance never guarantees future returns, leaving all investment decisions and due diligence solely at your own discretion.
Support dan Resisten
Volume Buy/Sell Pressure with Hot PercentFULL DESCRIPTION (Condensed Version)
Volume Buy/Sell Pressure with Hot Percent
Professional volume analysis indicator revealing real-time buying and selling pressure with hot volume detection and customizable alerts.
Key Features:
Three-Layer Histogram - Visual breakdown: total volume (gray), buying pressure (bright green), selling pressure (bright red)
Flexible Display - Toggle between percentage view or actual volume counts for buying/selling pressure
Real-Time Metrics - Live buying/selling data, current bar volume, daily totals, 30-bar/30-day averages with comma formatting
Hot Volume Detection - Automatic alerts with white triangle markers when volume exceeds threshold
Customizable Labels - 4 sizes (Small/Normal/Large/Huge), 9 positions (all corners/centers/middles), toggle any metric on/off
Smart Color Coding - Green (high volume/buying dominant), Red (selling dominant), Orange (equal pressure), Gray (low volume). Black text on bright backgrounds for maximum contrast.
Alert Conditions:
Hot Volume: Triggers when volume exceeds moving average by specified percentage
Unusual 30-Bar Volume: Current bar significantly above 30-bar average
Unusual 30-Day Volume: Daily volume significantly above 30-day average
Settings:
Display - Toggle metrics, choose percentage/count display, select size and position
Volume - Set unusual volume threshold (default 200%), adjust average length (default 21)
Hot Volume - Choose SMA/EMA, set lookback period (default 20), define threshold (default 100%)
Perfect For:
Day traders scalping futures (MNQ, MES, MYM, MGC, MCL)
Swing traders identifying accumulation/distribution
Breakout traders needing volume confirmation
All timeframes - tick charts to daily/weekly
Use Cases:
Confirm trend strength with pressure alignment
Spot reversals when pressure diverges from price
Validate breakouts with hot volume alerts
Identify smart money through unusual volume
Track institutional activity at key levels
What Makes This Different:
Shows buying vs selling pressure WITHIN each bar using price range methodology. Most indicators only show total volume or simple up/down. This reveals actual pressure distribution regardless of bar direction. Three-layer design makes order flow instantly visible.
Pro Tips:
Use "Large" labels at 100% zoom
Enable volume count display for position sizing
Position labels in corners to avoid price overlap
Enable alerts during pre-market and news events
Watch for divergences: price up + selling pressure up = potential reversal
Compare to both 30-bar and 30-day for full context
Technical:
Pine Script v6
All timeframes and instruments
No repainting
Efficient code, minimal CPU
Three alert conditions
Works on futures, stocks, forex, crypto
Clean, professional presentation. Essential for volume analysis and order flow tracking.
ICT Algo: Sweep + MSS + High Prob FVG/IFVGThis script is a comprehensive execution tool based on Inner Circle Trader (ICT) concepts, specifically designed to identify high-probability entries by combining Liquidity Sweeps, Market Structure Shifts (MSS), and Fair Value Gaps (FVG/IFVG).
Unlike standard FVG indicators that highlight every gap on the chart, this "Algo" version filters for gaps that occur specifically after a liquidity purge and a shift in structure, ensuring you are only looking at setups with institutional backing.
How It Works
The script follows a strict 3-step validation process before plotting a signal:
Liquidity Sweep (The Context): The script tracks Higher Timeframe (HTF) levels including Previous Day High/Low, Weekly High/Low, and Monthly High/Low. A setup is only considered valid if price has recently "swept" one of these levels, indicating a hunt for liquidity.
Market Structure Shift (The Confirmation): Once a sweep occurs, the script looks for a displacement in the opposite direction. It identifies a "Pivot High/Low" (customizable length) and waits for a candle body to close beyond it (MSS).
Filtered Entry (The Trigger): * FVG: Plots a standard Fair Value Gap if it forms within a "Deep Value" zone (Discount for longs, Premium for shorts).
IFVG (Inversion FVG): Highlights failed FVGs that have been reclaimed by price to act as support or resistance.
Key Features
Multi-Timeframe Liquidity Filters: Automatically plots PDH/L, PWH/L, PMH/L, and PYH/L. You can toggle which levels act as your sweep triggers.
Deep Value Logic: The script uses built-in logic to ensure Bullish FVGs are only highlighted when price is below a key liquidity level (Discount), and Bearish FVGs when price is above (Premium).
Dynamic Box Management: To keep your chart clean, boxes for FVGs and IFVGs are automatically shortened ("cut") once they are mitigated by price.
Inversion Logic: Includes a specialized toggle for Inversion Fair Value Gaps, allowing you to trade "failed" gaps that flip their polarity.
Settings & Customization
Entry Setup Bias: Choose to see only Bullish, only Bearish, or Both setups.
MSS Pivot Length: Adjust how "sensitive" the Market Structure Shift detection is. A higher number requires a more significant swing to be broken.
Sweep Lookback: Defines how many bars back the script looks for a liquidity sweep to remain "active" for a setup.
Include Opens: Optional toggle to include Previous Day/Week/Month Opens as liquidity points.
Usage Tips
The Golden Setup: Look for a sweep of a Previous Day High, followed by a Bearish MSS, and an entry at the Red FVG box.
Risk Management: This indicator is designed for entry identification. Always use stop losses (usually placed above/below the candle that created the FVG or the MSS swing point).
Timeframes: Best used on execution timeframes (1m, 5m, 15m) while the script handles the HTF levels automatically.
Disclaimer: This script is an educational tool and does not constitute financial advice. Trading involves significant risk. Past performance of a strategy does not guarantee future results.
Credits: Concepts based on the teachings of Michael J. Huddleston (ICT).
P/D Price LevelsCore Objective: This indicator is meticulously designed to help traders pinpoint Value Zones with precision. The primary goal is to identify optimal Discount levels for long positions and potential Premium levels for short positions.
Based on Smart Money Concepts (SMC), trading at overbought or oversold extremes relative to a specific reference point (Swing High/Low) significantly enhances your Risk-to-Reward (R:R) ratio.
Key Features:
Dynamic Source Selection: Automatically detects the highest peak or lowest trough within a user-defined lookback period, or allows for manual price input for higher timeframe analysis.
10 Fully Customizable Levels: Flexibility to set up to 10 unique percentage (%) offsets. This is crucial as different assets (Gold, Forex, Stocks, or Crypto) exhibit varying volatility profiles and "Golden" discount levels.
Minimalist Interface: All lines and labels are rendered in a subtle light gray and anchored to the right margin. This ensures a clean workspace that doesn't clutter your price action analysis.
Precision Engineering: Optimized for Pine Script v6 to ensure lines remain perfectly horizontal, eliminating common display glitches.
How to Use:
Auto Mode: The script identifies the highest/lowest price within your chosen "Lookback" period as the base.
Manual Mode: If you have identified a significant HTF (Higher Timeframe) Swing High/Low, simply input the price manually in the settings.
The Strategy: Monitor price reaction at key percentages (e.g., 5%, 7%, or 10% discount from a high) to find high-probability reversal or trend continuation signals.
"Trading involves risk. This script is for educational purposes and should not be considered financial advice."
AI Gamma Levels - Options Flow Signals# AI Gamma Levels - Options Flow Signals
## 📊 Overview
An educational indicator that estimates institutional options positioning using price action, volume analysis, and technical indicators. Designed to help traders identify key support and resistance zones based on gamma exposure concepts commonly used by market makers and institutional traders.
## 🎯 Key Features
**Gamma Flip Level (⚡)**
- Neutral zone where market maker hedging behavior changes
- Calculated using VWAP and price action
- Acts as dynamic pivot point for intraday trading
**Call Wall (🔴)**
- Resistance zone from heavy call seller positioning
- Identifies where upward price movement may stall
- Based on recent highs + ATR-adjusted volatility
**Put Support (🟢)**
- Support zone from put seller positioning
- Shows where downward moves may find buyers
- Calculated from recent lows with volatility adjustment
**AI Trade Signals (🔮)**
- Multi-factor confluence detector with confidence scoring
- Only triggers on high-probability setups (70%+ confidence)
- Provides clear entry, stop loss, and target levels
- Combines gamma regime, RSI, volume, and price proximity
**Regime Detection**
- Identifies Positive Gamma (bullish bias) vs Negative Gamma (volatile) environments
- Background coloring shows current market regime
- Helps adapt trading strategy to market conditions
**Trading Zone Visualization**
- Shaded area between Call Wall and Put Support
- Shows expected trading range based on gamma positioning
- Zone width indicates market compression or expansion
## 🧠 How AI Signals Work
The AI signal layer analyzes multiple factors simultaneously:
1. **Gamma Regime Alignment** - Price position relative to Gamma Flip
2. **Level Proximity** - Distance to Put Support or Call Wall
3. **Momentum Extremes** - Fast RSI showing oversold/overbought
4. **Volume Confirmation** - Above-average volume on the setup
5. **Price Action Quality** - Bar range and volatility characteristics
Signals only trigger when ALL conditions align, reducing noise and false signals.
**BUY Signal Requirements:**
- Price above Gamma Flip (positive regime)
- Near Put Support (within 0.5%)
- RSI < 35 (oversold)
- Volume spike (1.4x average)
- Confidence ≥ 70%
**SELL Signal Requirements:**
- Price below Gamma Flip (negative regime)
- Near Call Wall (within 0.5%)
- RSI > 65 (overbought)
- Volume spike (1.4x average)
- Confidence ≥ 70%
## 📈 How to Use
**For Day Trading:**
- Watch for bounces at Put Support in positive gamma regime
- Look for resistance at Call Wall in negative gamma regime
- Use AI signals for high-conviction entries with clear risk levels
**For Swing Trading:**
- Monitor zone width for compression/expansion cycles
- Enter when price returns to zone edges with AI confirmation
- Use Gamma Flip as trailing stop reference
**For Options Traders:**
- Identify where institutional gamma is concentrated
- Anticipate pinning behavior near expiration
- Understand market maker hedging flow impact on price
## ⚙️ Customization
**Display Settings:**
- Toggle individual levels on/off
- Show/hide trading zone shading
- Enable/disable AI signals
**Calculation Parameters:**
- Lookback Period (5-100 bars) - adjusts level sensitivity
- Volatility Multiplier (0.5-3.0) - widens/tightens zones
- AI Confidence Threshold (60-90%) - signal selectivity
**Visual Customization:**
- Custom colors for all levels
- Adjustable transparency for zones
- Label size and positioning
## 📊 Info Table
Real-time dashboard showing:
- Current Gamma Flip price
- Call Wall resistance level
- Put Support level
- Active gamma regime
- Trading zone width (%)
- AI signal status and confidence
## 🔔 Built-in Alerts
Set alerts for:
- Gamma Flip crossovers
- Price approaching Call Wall
- Price approaching Put Support
- AI BUY signal triggered
- AI SELL signal triggered
## 📚 Educational Background
**What is Gamma Exposure?**
Gamma measures how fast market makers must hedge their options positions as price moves. Large gamma concentrations create support/resistance as dealers buy into weakness and sell into strength.
**Positive vs Negative Gamma:**
- **Positive Gamma** (above Gamma Flip): Market makers hedge by stabilizing price
- **Negative Gamma** (below Gamma Flip): Market makers hedge by amplifying moves
**Call Walls & Put Supports:**
Heavy open interest at specific strikes creates "walls" where price tends to gravitate toward or bounce away from, especially near expiration.
## ⚠️ Important Notes
**This indicator uses price and volume approximations**, not real options chain data. It demonstrates gamma exposure concepts for educational purposes.
**For true options flow analysis**, consider using platforms with access to real-time open interest, options volume, and Greeks data.
**Risk Management:** Always use proper position sizing, stop losses, and never risk more than you can afford to lose. This indicator should be one tool in your complete trading strategy.
**Not Financial Advice:** This is an educational tool. Past performance does not guarantee future results. Always do your own research and consider consulting with a qualified financial advisor.
## 💡 Best Practices
1. Combine with your existing strategy - don't trade signals blindly
2. Use on liquid stocks/indices with active options markets
3. Pay attention to regime changes at Gamma Flip crossovers
4. Higher timeframes (15m, 1H, 4H) tend to be more reliable
5. Adjust parameters based on the asset's typical volatility
6. Wait for AI signals with 75%+ confidence for highest quality setups
## 🎓 Who This Is For
- Options traders seeking to understand institutional positioning
- Day traders looking for high-probability support/resistance
- Swing traders identifying key zone boundaries
- Anyone interested in learning about gamma exposure impact on price
- Traders wanting AI-assisted trade signal confirmation
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**Happy Trading! If you find this indicator helpful, please leave a like and comment with your feedback.**
Institutional Liquidity Engine [Pointalgo]PointAlgo – Institutional Liquidity Engine is a price-overlay market structure and liquidity visualization tool designed to help traders analyze supply & demand behavior, liquidity zones, and price inefficiencies using rule-based logic inspired by modern market structure concepts.
This indicator focuses on where price aggressively moved from, where liquidity may remain, and how those zones evolve over time, without generating direct buy/sell signals.
The script is fully open-source, free to use, and intended strictly for educational and analytical purposes.
Core Analytical Concepts :
This indicator visualizes:
Market structure pivot points
High-volatility displacement zones
Supply & demand (order-block–like) areas
Liquidity mitigation behavior
Fair Value Gaps (price inefficiencies)
Zone lifecycle management (active vs mitigated)
It does not claim to detect actual institutional orders.
How the Indicator Works :
Volatility-Filtered Structure Detection
Uses ATR-based volatility filtering
Zones are only created when price displacement exceeds normal volatility
Helps reduce noise from weak or random candles
Demand & Supply Zone Identification
A demand zone is detected when:
A pivot low forms
The candle before the move is bearish
Price rapidly expands upward after the pivot
Volatility conditions are met
These zones highlight areas where price previously reacted strongly upward.
Supply Zones (Bearish)
A supply zone is detected when:
A pivot high forms
The candle before the move is bullish
Price drops aggressively after the pivot
Volatility conditions are met
These zones highlight areas where selling pressure previously dominated.
Smart Mitigation Engine (Automatic Zone Management)
One of the key design goals of this indicator is chart cleanliness.
Each zone is continuously monitored:
If price returns into the zone, it is considered mitigated
Users can choose to:
Automatically remove mitigated zones
Or gray them out for historical reference
Old and irrelevant zones far from price are also automatically deleted.
This prevents the chart from filling with outdated boxes.
Fair Value Gap (Liquidity Void) Detection
Optional Fair Value Gaps (FVGs) are displayed when:
Price moves so fast that wicks do not overlap
The gap size exceeds a user-defined ATR threshold
These gaps visually represent price inefficiencies where liquidity may be revisited.
Types:
🔵 Bullish FVG
🟠 Bearish FVG
Real-Time Dashboard
A small dashboard displays:
Active demand zones
Active supply zones
This provides a quick structural overview without scanning the entire chart.
Customization Options
Users can configure:
Pivot sensitivity
Zone colors
Mitigation behavior
Fair Value Gap visibility
Minimum gap size (ATR-based)
This makes the indicator adaptable across:
Forex
Indices
Crypto
Stocks
Futures
How to Use This Indicator
This tool is best used for:
Market structure analysis
Supply & demand studies
Liquidity mapping
Confluence with price action
Higher-timeframe bias alignment
Recommended complementary tools:
Support & Resistance
Trend analysis
Volume profiling
Risk management rules
Important Disclaimer
This indicator is provided for educational and analytical purposes only.
It does not provide trading signals, investment advice, or profit guarantees.
Market structure and liquidity concepts are interpretive in nature.
Users are solely responsible for their own trading decisions and risk management
Intraday Session Ranges (Asian-London-NY) - JonathanJD86This script is a technical utility designed to automatically track and visualize the high and low price levels of the three major trading sessions (Asian, London, and New York).
How it works: The script uses the time() function with the America/New_York timezone anchor to ensure accuracy regardless of the user's local time. It tracks the maximum and minimum price values during specific user-defined intervals.
Key Methodology:
Vertical Tick Offset: Unlike standard session boxes, this tool allows users to set a vertical gap (in ticks) so that the labels do not overlap the candle wicks, providing a clearer view of the actual price action.
Session Intervals: Defaulted to high-activity windows: Asian (20:00-00:00), London (02:00-05:00), and New York (08:30-16:00).
Dynamic Visibility: The script includes a logical check to automatically hide levels on timeframes higher than 1H, preventing chart clutter during macro analysis.
srd786-Intraday VWAP Price Action IndicatorDISCLAIMER
This Pine Script indicator does not constitute financial advice; it is just intended for educational and informational purposes. It functions as a tool for technical analysis that could help traders spot possible trading opportunities. It is crucial to remember that participating in financial markets has a number of risks that might result in large losses and are not suitable for all investors.
Users are encouraged to conduct their own thorough investigation and analysis prior to using this indicator. Avoiding trading with money that one cannot afford to lose is essential. It is also advised to seek advice from a certified financial expert. Users must use suitable risk management techniques and recognize that past success does not guarantee future outcomes.
Any losses, damages, or other consequences resulting from the usage of this indicator are not the author's responsibility. The user is ultimately responsible for all trading decisions, therefore using this tool is at their own risk.
INTRODUCTION
The “srd786-Intraday VWAP Price Action Indicator” is a sophisticated Pine Script (version 6) trading tool designed for intraday traders who focus on New York session trading hours. This indicator combines multiple technical analysis concepts including Volume Weighted Average Price (VWAP), Average True Range (ATR) for risk management, swing point detection for support/resistance identification, and momentum analysis through RSI. The primary objective is to generate high-probability long and short signals based on price action confluence with trend, momentum, and key structural levels.
1.
VWAP (Volume Weighted Average Price): Shows the "fair" average price based on both price and trading volume.
2.
ATR (Average True Range): Measures how much the price typically moves each day.
3.
Trend Analysis: Identifies whether the market is going up, down, or sideways.
4.
Momentum Indicators: Shows how strong the current price movement is.
5.
Support & Resistance: Identifies key price levels where the price might stop or reverse.
6.
Swing Points: Finds significant turning points in the price.
This indicator is specifically optimized for the New York trading session (9:30 AM to 4:00 PM ET), making it particularly suitable for traders who focus on US market hours. It provides a complete trading framework that includes not only signal generation but also precise trade management levels including entry prices, stop-loss orders, and profit targets based on a configurable reward-to-risk ratio.
The philosophy behind this indicator is confluence-based trading. Rather than relying on a single indicator or condition, it requires multiple factors to align before generating a trade signal. This approach filters out lower-probability setups and focuses only on high-quality opportunities where price action, trend direction, momentum, and key technical levels all point in the same direction.
CORE CONCEPT AND METHODOLOGY
Volume Weighted Average Price (VWAP)
VWAP is the cornerstone of this indicator's trading methodology. Unlike a simple moving average that treats all price bars equally, VWAP incorporates volume data into its calculation, giving more weight to bars with higher trading volume. This makes VWAP a more accurate representation of the true average price where the most significant trading activity occurred.
The calculation of VWAP is performed using the built-in 'ta.vwap()' function, which computes the cumulative volume-weighted average price from the beginning of the session. For intraday traders, VWAP serves as a critical reference point that indicates whether the current price is trading at a premium (above VWAP) or discount (below VWAP) relative to the session's volume-weighted average.
In this indicator, the VWAP source is configurable through the 'vwapSource' parameter, with the default being HLC3 (High + Low + Close / 3). This source selection allows traders to experiment with different price types such as typical price, weighted close, or even custom sources to suit their trading style and market preferences.
Average True Range (ATR) for Risk Management
The Average True Range, calculated using 'ta.atr()', measures market volatility by decomposing the current range of price movement. ATR does not indicate price direction;
instead, it quantifies the degree of price movement or volatility over a specified period. In this indicator, ATR serves dual purposes: determining the distance for limit orders and calculating stop-loss levels.
The 'atrLength' parameter (default: 14) controls the lookback period for the ATR calculation. A shorter length makes the indicator more responsive to recent volatility, while a longer length provides a smoother average that may be more suitable for less volatile markets. The 'atrMultiplier' (default: 1.5) determines how many ATR units away the stop-loss is placed from the entry price, allowing traders to adjust their risk exposure based on current market conditions.
Swing Detection and Support/Resistance
Swing points represent significant turning points in price action where the market has temporarily exhausted its directional momentum. This indicator uses pivot high and pivot low calculations to identify swing highs and swing lows, which then form the basis for dynamic support and resistance levels.
The 'swingLength' parameter (default: 5) defines how many bars to the left and right of a potential pivot point must be lower (for pivot highs) or higher (for pivot lows) to confirm the swing point. This lookback period helps filter out minor price fluctuations and focuses on more significant structural levels.
Support and resistance levels are stored in arrays ('swingHighArray' and 'SwingLowArray'), with the most recent swing points serving as the primary reference levels. The 'srLookback' parameter (default: 20) controls the overall lookback window and also determines how many
swing points to maintain in each array, ensuring that only relevant historical levels are considered.
Breakout Detection
When a price moves past a major support or resistance level, this is known as a price breakout. This price breakout suggests that there is a possibility of a new trend direction heading forward.Breakout detection eliminates noise, as little price fluctuations or volatility may momentarily drive prices past a threshold without authentic conviction.Detection of breakouts affirms robustness when the price above the threshold by 2%, indicating genuine market interest, and mitigates whipsaws to prevent placing trades based on transient price swings.
The Breakout Tolerance parameter, set by default to 2%, regulates the breakout tolerance for the indicator. A price closure above the current high plus a minor tolerance buffer (usually 2%) indicates a potential continuation of upward movement, classified as a Bullish Breakout. Conversely, when the price closes below the recent low plus a minor tolerance buffer (usually 2%), it suggests that the price may continue to decline, which is classified as a Bearish Breakout Down.
Trend Identification
Trend determination is accomplished through an Exponential Moving Average (EMA) with a configurable length ('trendMaLength', default: 9). The indicator classifies trend into three
states: BULLISH (price above EMA with confirmation from the previous bar), BEARISH (price below EMA with confirmation), and SIDEWAYS (price crossing or near the EMA).
The EMA is chosen over simple moving averages because it responds more quickly to recent price changes while still providing enough smoothing to filter out noise. The confirmation requirement (both current and previous bar must be on the same side of the EMA) reduces false signals during periods of choppy price action.
Momentum Analysis
Momentum is measured using the Relative Strength Index (RSI) with a configurable length ('momentumLength', default: 9). RSI values are categorized into five states to provide nuanced momentum readings: STRONG BULL (RSI above 70), BUILDING (RSI between 55 and 70), NEUTRAL (RSI between 45 and 55), WEAKENING (RSI below 45), and STRONG BEAR (RSI below 30).
This momentum categorization allows traders to distinguish between strong trending conditions (STRONG BULL/BEAR) and transitions (BUILDING/WEAKENING), providing context for trade signals and helping to avoid entering positions during momentum divergences.
CONFIGURATION PARAMETERS
VWAP Settings
The 'vwapSource' parameter determines which price value is used in the VWAP calculation. The default value of 'hlc3' (High + Low + Close / 3) provides a balanced representation of each bar's price action. Traders can modify this to use typical price ('high + low + close / 3'), weighted close ('high + low + close + close / 4'), or other price types depending on their analytical preferences.
ATR Settings
The 'atrLength' parameter sets the lookback period for the Average True Range calculation. The default of 14 periods is standard across most trading platforms and timeframes, providing a good balance between responsiveness and smoothness. The 'atrMultiplier' parameter (default: 1.5) scales the ATR value to determine stop-loss distances. A multiplier of 1.5 means the stop-loss is placed 1.5 ATR units away from the entry price, providing enough buffer to accommodate normal volatility while limiting risk.
Trade Settings
The 'rrRatio' parameter (default: 3.0) establishes the reward-to-risk ratio for trade targets. A ratio of 2.0 means the profit target is twice the distance of the stop-loss from the entry price. The 'limitOrderDistance' parameter (default: 0.5) determines how far below (for long trades)
or above (for short trades) the current close the limit order is placed, measured in ATR units. This allows traders to enter positions at better prices while waiting for pullbacks.
Swing Detection Settings
The 'swingLength' parameter (default: 5) controls pivot identification sensitivity. Higher values identify more significant swing points but may miss shorter-term opportunities. The 'showSwings' boolean parameter toggles the visual display of swing high and low points on the chart.
Support & Resistance Settings
The 'srLookback' parameter (default: 20) defines how many bars back to search for swing points and support/resistance levels. The 'breakoutTolerance' parameter (default: 0.02 or 2%) adds a small buffer to breakout detection to account for minor penetration of support/resistance levels due to price spikes or slippage.
Trend & Momentum Settings
The 'trendMaLength' parameter (default: 9) sets the EMA length for trend determination, while 'momentumLength' (default: 9) sets the RSI lookback period. Both should be at least 5 periods for meaningful calculations.
Table Settings
The 'showTable' parameter (default: true) enables the display of two information tables that provide real-time data on Indicator values and trade levels.
SIGNAL GENERATION LOGIC
Long Signal Conditions
A long signal is generated when all the following conditions are simultaneously true:
1.
Session Filter: The trade must occur during New York session hours (9:30 AM - 4:00 PM ET).
2.
Trend Confirmation: The trend must be BULLISH (price above EMA with confirmation).
3.
Price Position: Current price must be above VWAP, indicating bullish price action.
4.
Breakout or No Resistance: Either price is breaking out above resistance level with tolerance, or there is no prior resistance level to overcome.
5.
Momentum Alignment: Momentum must be either STRONG BULL or BUILDING.
This confluence of conditions ensures that long trades are only taken when the market is trending higher, price is confirming strength by trading above VWAP, and momentum is supportive of continued upward movement.
Short Signal Conditions
A short signal is generated when all the following conditions are simultaneously true:
1.
Session Filter: The trade must occur during New York session hours
2.
Trend Confirmation: The trend must be BEARISH (price below EMA with confirmation)
3.
Price Position: Current price must be below VWAP, indicating bearish price action
4.
Breakout or No Support: Either price is breaking down below support level with tolerance, or there is no prior support level to overcome
5.
Momentum Alignment: Momentum must be either STRONG BEAR or WEAKENING
Similar to long signals, short trades require alignment across multiple timeframes and analytical approaches, filtering out counter-trend trades and focusing on high-probability setups.
TRADE MANAGEMENT FRAMEWORK
Entry Price Calculation
For long trades, the limit order price is calculated as: 'Close - (ATR Value × Limit Order Distance)'. This places the entry price below the current close, allowing traders to buy on dips while maintaining a favorable entry price. For short trades, the limit order is placed above the current close: 'Close + (ATR Value × Limit Order Distance)'.
The limit order distance is expressed in ATR units, making it adaptive to current volatility conditions. In more volatile markets, the limit order will be placed further from the current price, while in calmer markets, it will be closer.
Stop-Loss Placement
Stop-loss levels are calculated using the ATR multiplier to ensure adaptive risk management. For long trades: 'Entry Price - (ATR Value × ATR Multiplier)'. For short trades: 'Entry Price + (ATR Value × ATR Multiplier)'.
This adaptive approach to stop-loss placement means that in volatile markets, stops are wider to avoid being stopped out by normal price fluctuations, while in quieter markets, stops are tighter to limit potential losses. The default multiplier of 1.5 provides approximately 1.5 times the average true range of protection.
Target Price Calculation
Profit targets are determined by the reward-to-risk ratio: 'Entry Price + (ATR Stop Distance × RR Ratio)' for long trades and 'Entry Price - (ATR Stop Distance × RR Ratio)' for short trades. The default ratio of 2.0 means the target is twice the distance of the stop-loss, providing a favorable risk-reward profile.
New York Session Tracking
The indicator includes specialized logic for tracking the New York session open price. When a new NY session begins (determined by the 'isNewNySession' variable), the current open price is recorded and maintained throughout the session. This provides a reference point for measuring intraday directional bias from the session's starting level.
INFORMATION TABLES
Indicators Table
This table displays the current price, VWAP value, NY session open price, support level,resistance level, ATR, ATR-scaled stop distance, current trend classification, momentum state with RSI value, and breakout status. All values are color-coded based on their bullish or bearish implications. The VWAP cell is color-coded green if price is above VWAP (bullish) and red if below (bearish), providing instant visual confirmation of price's position relative to this critical level.
Trade Levels Table
This table shows current signal status (LONG, SHORT, or WAIT), limit order distance in ATR units, calculated limit order price, stop-loss level, and target price with the reward-to-risk ratio displayed. The signal cell is highlighted in green for long signals and red for short signals.
ALERT CONDITIONS
The indicator includes four alert conditions that can be configured in TradingView:
1.
LONG Signal: Triggers when a long signal is generated, providing entry price, stop-loss, and target information.
2.
SHORT Signal: Triggers when a short signal is generated with corresponding trade details.
3.
Breakout Up: Notifies when price breaks out above resistance level.
4.
Breakout Down: Notifies when price breaks down below support level.
These alerts enable traders to receive notifications via TradingView's alert system without continuously monitoring the charts.
USAGE EXAMPLES AND TRADING SCENARIOS
Strong Bullish Trend with VWAP Support
In this scenario, price has been trading above the 9-period EMA for multiple bars, confirming a bullish trend. The current price is above VWAP, indicating buyers are willing to pay a premium. A recent swing low has established a support level, and RSI is reading 65, indicating building momentum without being overextended. When price breaks above the recent swing high resistance with a 2% tolerance, the indicator generates a long signal. The trader places a limit order below the current bar's close (0.5 ATR units) and sets the stop-loss 1.5 ATR units below the entry, with a target 2.0 times the stop distance away.
Short Setup During Volatile Session
During a particularly volatile NY session, price gaps down below VWAP early in the day. The 9-period EMA is declining, and both current and previous bars are below it, confirming a bearish trend. The RSI has dropped to 28, indicating strong bearish momentum. A recent swing high serves as resistance, and when price breaks below the swing low support level, the indicator generates a short signal. The trader enters on a limit order placed 0.5 ATR units above the current price, with the stop-loss 1.5 ATR units above the entry and the target at a 2.0 reward-to-risk ratio.
Avoiding Counter-Trend Trades
Consider a scenario where price is above VWAP and the RSI reads 72 (overbought), but the price is below the 9-period EMA and the previous bar was also below the EMA. In this case, the trend is classified as BEARISH (or SIDEWAYS) despite the bullish price position relative to VWAP. The indicator will not generate a long signal because the trend condition is not met, protecting the trader from what could be a bear trap or continuation pattern.
No Prior Levels Scenario
At the beginning of a trading session or after significant volatility has cleared prior swing points, there may be no established support or resistance levels in the lookback window. In this case, the breakout condition 'or na(resistanceLevel)' allows long signals to be generated without requiring a resistance level to be broken, enabling traders to participate in emerging trends without waiting for prior levels to form.
BEST PRACTICES AND TIPS
Timeframe Selection
This indicator is optimized for intraday timeframes (1-minute to 60-minute charts) and specifically for NY session trading. Higher timeframes may produce more reliable signals but fewer opportunities, while lower timeframes will generate more signals but with potentially lower reliability. Traders should backtest on their preferred timeframe before trading live.
Market Conditions
The indicator performs best in trending markets with clear directional bias. During ranging or sideways markets, the trend condition may oscillate frequently, and VWAP may oscillate around price, reducing signal quality. Consider filtering signals or reducing position size during low-volatility, range-bound conditions.
Parameter Optimization
While the default parameters have been selected for general applicability, traders should consider optimizing certain parameters for specific markets or instruments. For highly volatile instruments like crude oil or natural gas, increasing the 'atrMultiplier' to 2.0 or 2.5 may provide more appropriate risk management. For less volatile instruments like certain forex pairs, reducing the multiplier to 1.0 or 1.2 may improve signal quality.
Multiple Timeframe Analysis
For enhanced performance, traders can analyze the trend on a higher timeframe (such as 15-minute or hourly) while taking signals on a lower timeframe (such as 5-minute or 1-minute). This multi-timeframe approach ensures that signals are aligned with the larger trend direction.
Risk Management
While the indicator provides calculated stop-loss levels, traders should consider their overall position sizing and portfolio risk. The ATR-based stops provide a market-adaptive approach, but individual risk tolerance and account size should ultimately determine position sizing. The 2.0 reward-to-risk ratio is fixed but can be adjusted based on personal preferences or the specific characteristics of the instrument being traded.
INTEGRATION WITH TRADINGVIEW
Adding the Indicator
To add this indicator to a TradingView chart, paste the code into the Pine Script editor and click "Add to Chart." The indicator will appear in the chart's sidebar and begin calculating immediately once sufficient historical data is available.
Configuring Alerts
To set up alerts, right-click on any of the alert conditions in the indicator's settings panel (long signal, short signal, breakout up, or breakout down) and select "Add Alert." Configure the alert frequency and notification methods (push notification, email, webhook, etc.) according to your preferences.
Customization
All input parameters can be adjusted through the indicator's settings panel without modifying the source code. Traders can experiment with different VWAP sources, ATR lengths and multipliers, swing detection parameters, and table display options to suit their trading style and market preferences.
LIMITATIONS AND CONSIDERATIONS
Session Dependency
The indicator is specifically designed for NY session trading and will not generate signals outside these hours. Traders focused on other sessions or 24-hour markets may need to modify the session string to match their trading hours.
Historical Data Requirements
The indicator requires sufficient historical data to accurately calculate swing points and support/resistance levels. On lower timeframe charts with limited history, the initial signals may be less reliable until adequate swing points are identified.
Lag in Swing Detection
By definition, swing points are confirmed after the price has moved away from them, introducing some lag into support/resistance identification. Traders should be aware that the most recent swing point may not be confirmed until several bars after it occurs.
Not Financial Advice
This indicator is a technical analysis tool and should not be construed as financial advice. Traders are responsible for their own research and risk management decisions. Past performance of any trading system does not guarantee future results.
SUMMARY
The code follows a logical flow:
•
Version and Declaration: Pine Script version 6 indicator declaration with overlay enabled
•
Input Parameters: All user-configurable settings grouped by category
•
Session Logic: New York session tracking and open price recording
•
Core Calculations: VWAP, ATR, EMA, RSI, swing points
•
Support/Resistance Logic: Array-based storage and retrieval of swing levels
•
Trend and Momentum Classification: Categorization of current market state
•
Signal Generation: Confluence-based long and short conditions
•
Trade Level Calculations: Entry, stop-loss, and target pricing
•
Visual Plots: Hidden plots for alert data access
•
Information Tables: Real-time display of key values
•
Alert Conditions: Four configurable alert triggers
This structured approach ensures clarity, maintainability, and extensibility for future modifications or enhancements.
GEX Walls + Market Open Shading### Overview
This Pine Script (version 6) creates a TradingView indicator called **"GEX Walls + Market Open Shading"**. It overlays directly on the price chart and is designed for intraday trading, particularly for indices like SPX or ES futures. The script combines two main features:
- **GEX Walls**: Visual boxes and labels highlighting "Gamma Exposure" (GEX) levels—key support (Put Wall) and resistance (Call Wall) zones based on options gamma. It includes approach alerts.
- **Market Open Shading**: A semi-transparent background shade during a customizable post-market-open session (e.g., first 2 hours after 9:30 AM EST).
It uses up to 20 boxes and 20 labels, with right-scale positioning for better visibility on the price axis. The script detects new trading days to reset visuals dynamically.
### Key Inputs
The script is highly customizable via inputs grouped into sections:
#### GEX Walls Inputs
- **Call Wall** (default: 6900.0): Upper resistance level.
- **Put Wall** (default: 6850.0): Lower support level.
- **Buffer** (default: 3.0 points): Vertical padding around each wall for box thickness.
- **Alert Distance** (default: 10.0 points): Threshold for triggering "approach" alerts.
- **Colors**: Semi-transparent yellow for Call Wall boxes (#ffeb3b at 80% opacity), orange for Put Wall (#ff9800 at 80%).
- **Toggles**: Show/hide boxes; enable/disable alerts; restrict alerts to shaded session only.
- **Labels**: Text color (white), offset (bars to the right, default -2), size (tiny/small/normal/large).
#### Market Open Shading Inputs
- **Shade Color** (default: white at 90% transparency): Background fill during session.
- **Transparency** (0-100, default: 90): Opacity level.
- **Open Time** (default: 9:30 EST): Hour/minute for session start.
- **Duration**: Dropdown with pre-formatted options (e.g., "120 min: 11:30a EST / 8:30a PST" up to 195 min), showing both EST and PST end times for convenience.
- **Toggle**: Show/hide shading.
### How It Works
#### 1. Market Open Shading
- Calculates end time from open hour/minute + selected duration (e.g., 120 minutes from 9:30 AM EST = 11:30 AM EST).
- Builds a session string (e.g., "0930-1130") for TradingView's `time()` function.
- Detects if the current bar is within the session using `not na(time("", sessionString))`.
- Applies `bgcolor()` with the user-defined color/transparency only during the session.
- Helper functions format times in 12-hour AM/PM style (e.g., "11:30a") for labels, with EST/PST variants.
#### 2. Day Detection
- Uses `time("D")` to track daily changes (`ta.change(dayTime) != 0` signals a new day).
- Maintains variables for the current day's start bar index (`todayStartIndex`) and previous day's start (`prevStartIndex`).
- This ensures boxes span exactly from yesterday's open to today (intraday reset on new days).
#### 3. GEX Walls Visualization
- **Boxes**: Drawn once `prevStartIndex` is known (i.e., on the second day onward).
- Left edge: Previous day's start bar.
- Right edge: Current bar (extends live).
- Height: Wall level ± buffer (e.g., Call Wall box from 6900-3 to 6900+3).
- Updated dynamically with `box.set_*` functions; hidden (100% transparent) if toggled off.
- **Labels**: Placed at exact wall levels, offset to the right (e.g., 2 bars ahead for readability).
- Text: "CALL WALL: 6900.0" or "PUT WALL: 6850.0".
- Style: Right-aligned, black background (transparent), user-defined text color/size.
- Deleted if toggled off.
- All visuals use `xloc.bar_index` for bar-based positioning.
#### 4. Alerts
- **Call Wall Approach**: Triggers when close enters within `alertDistance` below the wall, but prior bar was further away (rising toward resistance). Message: "Price approaching Call Wall at from below (within points)".
- **Put Wall Approach**: Symmetric for falling toward support (within distance above wall).
- Filtered optionally to shaded session only.
- Uses `alertcondition()` with hidden plots (`display=display.none`) for dynamic message placeholders (e.g., `{{plot_0}}` inserts wall level).
### Notable Features & Behaviors
- **Intraday Focus**: Boxes/labels reset daily, making it ideal for day trading without historical clutter.
- **Time Zone Handling**: Defaults to EST for market open but shows PST equivalents in dropdowns (subtracts 3 hours).
- **Efficiency**: Uses `var` declarations for persistent objects (boxes/labels) to avoid recreation on every bar.
- **Edge Cases**: Handles label offsets (clamped -10 to 50 bars); session wrapping (e.g., overnight via %24); new chart loads (initializes on first bar).
- **Customization Depth**: 20+ inputs allow fine-tuning without code edits. Alerts integrate seamlessly with TradingView's system.
- **Limitations**: Relies on bar_index for historical spanning (best on lower timeframes like 1-5 min); no historical backfill for walls (live-only).
This script is a practical tool for options-aware traders monitoring gamma squeezes or pinning levels during market open volatility. To use it, paste into TradingView's Pine Editor, adjust inputs for your asset (e.g., update walls for current GEX data), and add to chart.
Support/Resistance & EMA Crossovers with AlertsPublic Script for Support/Resistance & EMA Crossovers with Alerts
Daily Trend Scanner Plus█ DAILY TREND SCANNER PLUS
A professional-grade trading indicator designed to help traders quickly identify intraday trend bias across multiple symbols by tracking price relationships to key technical levels: Prior Day High/Low (PDH/PDL) and Pre-Market High/Low (PMH/PML).
█ FEATURES
► Single Symbol Table
Compact 5-column table displaying PDH, PMH, PDL, PML, and Trend status for the current chart symbol. Shows green dot (🟢) when price breaks above high levels and red dot (🔴) when price breaks below low levels. Progress bars visualize how close price is to breaking key levels.
► Multi Symbol Table
Monitor up to 20 tickers simultaneously in a single table. Each row displays ticker name, price, change %, breakout dots, progress bars, and trend status. Optional columns for actual PMH/PML and PDH/PDL price values. Real-time updates for all symbols with color-coded change percentages.
► Table Sorting
- None - Displays tickers in input order
- Chg % - Sorts by daily change percentage (highest to lowest)
- Bullish - Prioritizes bullish setups at top
- Bearish - Prioritizes bearish setups at top
► PMH/PML Lines (Pre-Market High/Low)
Horizontal lines at pre-market high and low levels (4:00 AM - 9:29 AM ET). Customizable line styles, colors, labels, and optional price display.
► PDH/PDL Lines (Prior Day High/Low)
Horizontal lines at previous trading day's high and low. Uses RTH only for stocks (9:30 AM - 4:00 PM ET) and full 24-hour day for non equities.
► ORB Lines (Opening Range Breakout)
Captures high and low during the opening period with 5-minute, 10-minute, or 30-minute options. Lines persist from market open until next pre-market session.
► EMA Overlays
Three independent EMAs with customizable periods (default: 8, 20, 200). Third EMA can be switched to SMA. Multiple line styles available.
► VWAP Overlay
Volume Weighted Average Price with customizable line style, width, and color.
█ TREND LOGIC
- BULLISH: Price above BOTH Prior Day High AND Pre-Market High
Indicates strong upward momentum breaking through two resistance levels
- BEARISH: Price below BOTH Prior Day Low AND Pre-Market Low
Indicates strong downward momentum breaking through two support levels
- NEUTRAL: Price not above both highs or below both lows
Price is consolidating between key levels
█ PROGRESS BARS
Visual 5-block meter showing progress from midpoint toward target level:
▓▓▓▓▓ (80-100%) → ▓▓▓▓▒ (60-80%) → ▓▓▓▒▒ (40-60%) → ▓▓▒▒▒ (20-40%) → ▓▒▒▒▒ (0-20%)
Replaced with 🟢 or 🔴 when level is actually broken.
█ ASSET TYPE HANDLING
STOCKS:
- Pre-Market: 4:00 AM - 9:29 AM Eastern
- Prior Day: RTH only (9:30 AM - 4:00 PM Eastern)
NON-EQUITIES:
- Prior Day: Full 24-hour trading day
- Automatically detected via symbol type
█ RECOMMENDED SETTINGS
- Chart Timeframe: 10-minute recommended for multi-table accuracy
- Timeframes 60 minutes or less required for ORB functionality
- Enable extended hours on chart for accurate PMH/PML on stocks
█ USAGE TIPS
- Use Bullish sort to find strongest breakout candidates for long trades
- Use Bearish sort to find weakest stocks for short/put candidates
- Progress bars help anticipate upcoming breakouts before they happen
- Combine with ORB lines to confirm trend direction after market open
- Watch for alignment: Price above all key levels = strongest bullish signal
- PDH/PDL breaks often signal continuation of prior day's trend
- PMH/PML breaks can indicate gap-fill or trend reversal setups
█ INDICATOR SETTINGS
█ EXAMPLE OF FULL MULTI TABLE AND SINGLE TABLE
█ MULTI-TABLE SORTING
█ PMH/PML, PDH/PDL, ORB LINES
█ EMA AND VWAP OVERLAYS
█ CUSTOMIZATION
TrendlinesTrendline S&R
This indicator is an automated technical analysis tool designed to identify the most relevant Support and Resistance (S&R) zones based on market pivots. Unlike standard pivot indicators that clutter the chart with historic lines, this script uses a "Closest-to-Price" algorithm to display only the single most relevant Support (Green) and Resistance (Red) zone currently interacting with price action.
It solves common frustrations with automated trendlines—specifically the issue of lines disappearing immediately upon a breakout—by introducing a Stability Buffer.
Key Features & Importance
The script scans hundreds of potential trendlines but only draws the one geographically closest to the current price.
Importance: This ensures you are looking at the zone that matters right now. It filters out distant or irrelevant historic lines, keeping your chart clean and focused on immediate price action.
🛡️ 5-Bar Stability Buffer (Anti-Flicker)
Feature: A hardcoded 5-bar "memory" prevents the zone from disappearing the moment price touches or breaks it.
Importance: This is critical for trading breakouts. It allows you to see the zone persist while price breaches it, helping you distinguish between a true breakout, a fakeout, or a retest, without the reference level vanishing from your screen.
🔍 Dynamic Pivot Filtering
Feature: Uses a restricted Pivot Strength (5-15) and Minimum Confirmation (2-8 touches).
Importance: By enforcing these limits, the indicator ignores insignificant market noise and micro-swings, ensuring that drawn zones represent structural market levels with genuine liquidity.
🔔 Integrated Alert System
Feature: Built-in alerts for "Zone Breakout" (candle close crossing the zone) and "Zone Touch" (wick entering the zone).
Importance: Allows you to set the indicator and walk away. You will be notified instantly when price interacts with these key levels, removing the need to stare at the chart.
📉 Adaptive Tolerance (Fixed ATR)
Feature: Uses a fixed ATR multiplier internally to determine the width of the zone.
Importance: This automatically adjusts the thickness of the support/resistance zone based on the asset's volatility.
Settings Guide
Bars to Apply: How far back in history the script looks for pivots (Default: 300).
Pivot Source: Choose between calculating from "High/Low" (wicks) or "Close" (bodies).
Pivot Strength: The number of bars required on each side to define a swing point (Range: 5–15).
Min Pivot Confirmation: The minimum number of touches required to validate a trendline (Range: 2–8).
How to Use
Add the indicator to your chart.
Adjust Pivot Strength if you want to catch smaller swings (lower number) or major structures (higher number).
Set an alert in TradingView by clicking the "Clock" icon, selecting this indicator, and choosing "Zone Breakout" or "Zone Touch".
RDI Price ZonesOverview
RDI Price Zones is a manual price-level visualization indicator.
It draws user-defined horizontal zones and a reference line to help visually organize important price areas on the chart.
This script does not calculate, infer, or fetch market data.
All levels are entered manually by the user.
What it draws
• Reference Line — A horizontal line at a user-defined price level.
• Upper Zones — Rectangular price areas drawn to the right of the chart.
• Lower Zones — Rectangular price areas drawn to the left of the chart.
These elements are purely visual and do not generate signals.
Inputs
• Up to three upper zone price levels (manual input).
• Up to three lower zone price levels (manual input).
• One reference price level.
• Zone thickness defined as a percentage of price.
• Optional color and border settings.
Design notes
• Zones are drawn as rectangles anchored to price levels.
• Rectangles extend a fixed number of bars for visualization purposes only.
• Percentage-based thickness allows zones to scale across different instruments.
Usage
This indicator is intended to help users visually map predefined price areas during a session.
It does not predict price movement, suggest trades, or provide trading signals.
Disclaimer
This script is provided for educational and visualization purposes only.
It does not offer trading advice, does not guarantee results, and should not be used as the sole basis for trading decisions.
Short summary (≤200 chars)
Manual price-zone visualization tool. Draws user-defined rectangular zones and a reference line. No calculations, no signals, no predictions. Educational use only.
Hyperfork Matrix🔱 Hyperfork Matrix 🔱 A manual Andrews Pitchfork tool with action/reaction propagation lines and lattice matrix functionality. This indicator extends Dr. Alan Andrews' and Patrick Mikula's median line methodology by automating the projection of reaction and action lines at equidistant intervals, creating a time-price grid that highlights where pivot levels intersect the matrix.
Three pitchfork variants are supported: Original, Schiff, and Modified Schiff. Each variant adjusts the anchor point position to accommodate different trend angles.
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█ THE METHOD
Andrews Pitchfork
Dr. Alan Andrews developed the pitchfork as a trend channel tool. The core principle: price tends to return to the median line roughly 80% of the time. When it fails to reach the median, a reversal may be developing.
A pitchfork requires three pivot points:
• Point A — The anchor (starting pivot)
• Point B — First swing in the opposite direction
• Point C — Second swing, same direction as A
The median line runs from Point A through the midpoint of B-C. Parallel lines through B and C form the channel boundaries.
Action/Reaction Principle
Based on Newton's third law ("action and reaction are equal and opposite"), this principle suggests that price movements elicit proportional reactions in the future. By projecting lines at equal intervals along the pitchfork's slope, we anticipate where these reactions may occur.
Lattice Matrix
The lattice squares pivot price levels to the matrix structure. A horizontal from your selected pivot intersects the pitchfork and propagation lines, with verticals drawn at each intersection. These verticals mark time points where price-time geometry converges—potential areas to watch for trend changes.
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█ HOW THE INDICATOR WORKS
This section explains the calculation flow from your inputs to the final drawing.
Step 1 — Pivot Selection
You click on the chart to select three timestamps. The indicator retrieves the high or low price at each timestamp based on your starting pivot type selection:
• Starting with "Low" creates a Low-High-Low pattern
• Starting with "High" creates a High-Low-High pattern
Step 2 — Anchor Calculation
The anchor position depends on your pitchfork variant:
• Original — Anchor stays at Point A
• Schiff — Anchor shifts 50% toward B in price (Y-axis only)
• Modified Schiff — Anchor shifts 50% toward B in both time and price
Step 3 — Median Line
A line is drawn from the anchor through the midpoint of the B-C segment. This median line defines the channel's slope and center.
Step 4 — Parallel Tines
Parallel lines are drawn through Points B and C, maintaining the median line's slope. These form the upper and lower channel boundaries.
Step 5 — Extra Parallels
If configured, additional parallel lines are drawn at equal spacing beyond B and C. The spacing equals the distance from the median to each tine.
Step 6 — Handle Length
The "handle" is the segment from the anchor to the B-C midpoint. This length becomes the unit of measurement for propagation.
Step 7 — Propagation Points
Points are placed along the median line at handle-length intervals:
• Forward points extend into the future
• Backward points extend into the past
Step 8 — Reaction Lines
Through each propagation point, a line is drawn parallel to B-C (the transversal slope). These reaction lines mark time-price zones based on the original swing rhythm, where trend changes may occur.
Step 9 — Action Lines
Through each propagation point, a line is drawn parallel to A-B (the initial move slope). These action lines project the original momentum into future price zones.
Step 10 — Lattice Grid
If enabled, a horizontal line is drawn at the price level of your selected pivot. Vertical lines are then drawn at every intersection between this horizontal and the selected line type (pitchfork, reaction, or action lines).
Step 11 — Alert Monitoring
On each bar, the indicator checks if the price has crossed any of the drawn lines. Crossings trigger alerts based on your configuration.
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█ PITCHFORK VARIANTS
Original (Andrews)
The classic pitchfork. The anchor remains at Point A. Best suited for strong trending markets where price respects steep channels.
Schiff
Named after Jerome Schiff, a student of Andrews. The anchor shifts halfway toward Point B in price only—same time position as A, but price is the midpoint of A and B.
This produces a less steep channel, better suited for:
• Shallow trends
• Corrective phases
• Markets where the original pitchfork angle is too aggressive
Modified Schiff
The anchor shifts halfway toward Point B in both time and price—positioned at the midpoint of the A-B segment.
This creates an even gentler slope than the standard Schiff variant. Use when:
• Trends are weak or ranging
• Price doesn't respect steeper channel angles
• You need a middle ground between Original and Schiff
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█ ACTION & REACTION LINES
Reaction Lines
These run parallel to the B-C segment (the "transversal"). They represent the market's response rhythm—the swing from B to C sets a pattern that may repeat at predictable intervals.
Action Lines
These run parallel to the A-B segment (the initial impulse). They project the original momentum forward, suggesting where similar price movements may begin or end.
Forward vs Backward
• Forward Lines — Project into the future beyond the B-C midpoint
• Backward Lines — Project into the past before Point A
Most analysis focuses on forward lines, but backward lines can reveal historical confluence with past pivots.
Propagation Spacing
Lines are spaced at equal intervals defined by the handle length (anchor to B-C midpoint). This creates a rhythmic structure where each segment equals the original pitchfork's core measurement.
Action Lines
Reaction Lines
Extra Parallels with/ both Action & Reactions Line extended within the grid
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█ LATTICE MATRIX
The lattice creates a grid overlay within the pitchfork structure.
Horizontal Line
A horizontal line is drawn at the price level of your selected pivot (A, B, or C). This squares the pivot's price level to find where it aligns with the matrix structure. These confluences may represent higher-probability reaction points in time.
Vertical Lines
Vertical lines are drawn at every point where the horizontal intersects your selected line source. These verticals mark time points—potential areas to watch for trend changes.
• Pitchfork & Parallels — Intersections with median and all parallel tines
• Action Lines — Intersections with action transversals
• Reaction Lines — Intersections with reaction transversals
• Action & Reaction — Both types combined
Envelope Clamping
Lattice lines are automatically clamped to stay within the pitchfork's channel envelope (bounded by the outermost parallels). This keeps the grid visually clean and focused on relevant areas.
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█ ALERTS
The indicator monitors price crossings and triggers alerts when the price moves through any drawn line type.
Available Alert Types
• Pitchfork Lines — Crossing the median or any parallel
• Action Lines — Crossing any action transversal (when action lines are drawn)
• Reaction Lines — Crossing any reaction transversal (when reaction lines are drawn)
• Lattice Horizontal — Crossing the horizontal price level (when lattice is enabled)
• Any Line Crossing — Combined alert for all of the above
Setting Up Alerts
1. Right-click on the indicator or use the alert menu
2. Select "Create Alert."
3. Choose the desired condition from the dropdown
4. Configure notification preferences (pop-up, email, webhook, etc.)
Alert Timing
Alerts trigger once per bar close when a crossing is detected between the previous and current bar's close prices.
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█ HOW TO USE
Basic Setup
1. Add the indicator to your chart
2. When prompted, click on three pivot points in sequence: A, B, C
3. Choose starting pivot type: Auto (detects pattern), Low (LHL), or High (HLH)
4. The pitchfork draws automatically
Adjusting the Pitchfork
• Change the variant (Original/Schiff/Modified Schiff) if the angle doesn't suit your trend
• Add extra parallel levels to see where price might react beyond the main channel
• Disable or Adjust price range min/max to hide parallels outside your focus area
Adding Propagation Lines
• Adjust forward offset to add/remove lines beyond auto-extend (0 = to current bar)
• Choose which line types to display: Reaction Only, Action Only, or Both
• Customize colors to distinguish line types visually
Using the Lattice
• Enable "Draw Lattice" in the Lattice settings group
• Select which pivot's price level to use for the horizontal
• Choose the intersection source that matches your analysis style
• Look for time zones where verticals cluster—these may be significant dates
Log Scale Charts
If your chart uses logarithmic scale, enable "Logarithmic Scale" in Pitchfork Settings. This ensures all calculations transform correctly for log price axes.
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█ SETTINGS REFERENCE
1. Pivot Points
• Starting Pivot Type — Auto (detect pattern), Low (force LHL), or High (force HLH)
• Pivot A/B/C Time — Timestamps for your three pivots (click to select)
• Show Pivot Labels — Display A, B, C labels at pivot locations
• Pivot Colors — Customize high/low label colors
• Label Size — Tiny, Small, Normal, or Large
2. Pitchfork Settings
• Logarithmic Scale — Enable for log charts
• Pitchfork Type — Original, Schiff, or Modified Schiff
• Extra Parallel Levels — Additional parallels beyond B and C
• Line styling (color, width, style)
• Extend Direction — Right only or Both directions
• Enable Price Range Filter — Toggle filtering of extra parallels
• Price Range Min/Max — Hide extra parallels outside this range
3. Action / Reaction Lines
• Draw Type — None, Reaction Only, Action Only, or Both
• Forward Lines Offset — Adjust from auto-extend (0 = to current bar, positive adds more)
• Backward Lines Count — Number of lines projected before Point A
• Separate styling for reaction and action lines
4. Lattice
• Draw Lattice — Master toggle
• Select Pivot for Horizontal — A, B, or C price level
• Intersection Source — Which lines to use for vertical placement
• Lattice styling
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█ LIMITATIONS
• Maximum 500 lines — TradingView limits line objects; complex setups with many parallels and propagation lines may approach this limit
• Manual pivot selection — Pivots must be selected manually via timestamp inputs; no auto-detection
• Log scale requires toggle — You must enable "Logarithmic Scale" manually if your chart uses log axes
• Minor visual drift — Action/Reaction lines may shift slightly when toggling between odd and even extra parallel counts (cosmetic only)
• Backward lines visibility — When adding backward propagation lines, you may need to scroll the chart left for them to render
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█ FURTHER READING
For deeper study of pitchfork analysis and action/reaction methodology:
• Patrick Mikula's "The Best Trendline Methods of Alan Andrews and Five New Trendline Techniques"
No affiliation implied. Referenced for educational context only.
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█ RELATED
For a video walkthrough of the Super Pitchfork methodology that inspired this indicator:
How to Build a Super Pitchfork with Reaction & Trigger Lines
This tutorial covers manual pitchfork construction, reaction line projection, and timing techniques.
DLR - Daily Liquidity Range Framework (v1.3)Daily Level Ranges
This strategy targets discounted premiums for buying Call/Put Options in discounted areas based on liquidity levels that form ranges.
Opening Range creates the strongest liquidity for the day.
Premarket Highs/Lows are strong liquidity points.
Previous Day Highs/Lows are reliable liquidity points.
PMH/PML and PDH/PDL may alternate positions relative to OR.
* Discounted Calls are taken under the OR in Bullish conditions
* Discounted Puts are taken above the OR in bearish conditions.
- Momentum Calls are taken at the OR in Bullish Conditions
- Momentum Puts are taken at the OR in Bearish Conditions
Support & Resistance with MA Ribbons LITE Support & Resistance with MA Ribbon LITE
Overview
Support & Resistance with MA Ribbon LITE is a technical analysis indicator for TradingView that combines a flexible Moving Average (MA) Ribbon with a dynamic Support & Resistance (S/R) system.
The indicator is designed as a visual decision-support tool, allowing traders to evaluate trend structure, momentum context, and key price reaction zones within a single, uncluttered chart overlay.
This script is published as open source under the Mozilla Public License 2.0 , encouraging transparency, learning, and community-driven development.
Core Components
1. Moving Average Ribbon System
The MA Ribbon consists of two configurable moving averages (Fast and Slow) with multiple calculation and smoothing options, including:
EMA, SMA, WMA, VWMA
DEMA, TEMA, Zero-Lag EMA
Hull MA, Linear Regression MA
Super Smoother, Smoothed MA, Laguerre MA
Key features include:
Trend-aware ribbon fill (bullish / bearish)
Optional candle coloring aligned with ribbon state
Minute-based anchor timeframe logic for consistent trend structure
Optional MA cross, swing, and continuation markers
Alert support for MA-related events
The MA Ribbon is intended to provide trend context , not standalone trade signals.
2. Support & Resistance Engine
The Support & Resistance system is based on pivot structure analysis and dynamically adapts to new price data.
Features include:
Main and strong support/resistance levels
Up to 12 active levels displayed on the chart
Preset sensitivities (Scalp, Intraday, Swing) and custom configuration
Optional multi-timeframe (MTF) level detection
Adaptive labels with automatic contrast handling
Optional strength filtering based on historical interactions
Optional heat map visualization reflecting level interaction frequency
All levels are plotted directly on the price chart for immediate contextual reference.
Alert System
The script includes a configurable alert framework covering:
Main and strong level touches
Breakouts and breakdowns
Retests of broken levels
Optional rejection detection (wick beyond a level with close back inside)
Cooldown logic to limit repeated alerts in consolidation phases
Alerts are informational only and should always be confirmed visually.
Customization & Performance
Unified color presets (Classic, Aqua, Cosmic, Ember, Neon, Custom)
Independent opacity control for MA Ribbon and candles
Modular on/off controls for MA Ribbon and S/R components
Optimized plotting to remain within TradingView limits
Designed for stable performance across lower and higher timeframes
Intended Use
This indicator is designed to assist with chart interpretation and market structure analysis. It may help users:
Identify prevailing trend conditions
Observe price behavior around structurally relevant levels
Combine trend context with horizontal market structure
Reduce chart clutter by consolidating multiple concepts into one script
This indicator is not a trading strategy, does not provide financial advice, and should be used alongside independent analysis and appropriate risk management.
How to Use
1. Chart Setup
Add the indicator to any chart and timeframe.
Both the MA Ribbon and Support & Resistance systems are enabled by default and can be managed independently via the Master Controls section.
General guidance:
Higher timeframes for structural context
Lower timeframes for execution and refinement
Applicable across different markets and instruments
2. Using the MA Ribbon
The MA Ribbon visualizes trend direction and momentum context.
General interpretation:
Price above both MAs → bullish bias
Price below both MAs → bearish bias
Ribbon color reflects trend alignment
Ribbon compression may indicate consolidation or transition
Optional features include candle coloring, MA cross markers, and filtered continuation arrows.
Best practice:
Use the MA Ribbon to identify the market regime before reacting to support or resistance levels.
MA Ribbon – Minute-Based Timeframe Logic
Anchor Timeframe (Minutes)
Anchors MA calculations to a fixed timeframe expressed in minutes.
Examples:
60 = 1 hour
240 = 4 hours
0 = use current chart timeframe
How It Works
The anchor automatically scales MA lengths so that the same trend structure is preserved across different chart timeframes.
Example (Anchor = 60):
5-minute chart → follows 1-hour structure
15-minute chart → follows the same 1-hour structure
1-hour chart → standard calculation
Show Ribbon Only If Chart TF > Anchor
Optionally hides the MA Ribbon on chart timeframes lower than the anchor to reduce visual noise.
3. Using Support & Resistance Levels
Support and resistance levels are derived from pivot structures and update dynamically.
Level types:
Main Support / Resistance (most recent and relevant)
Strong Support / Resistance (confirmed pivots)
Additional historical levels (up to 12 total)
Usage guidelines:
Focus on price behavior around levels rather than exact prices
Combine level reactions with MA Ribbon trend context
Use strength filtering to reduce weaker levels
Heat map mode highlights frequently interacted zones
4. Combining Trend and Structure
The indicator is most effective when both systems are used together:
In uptrends, focus on reactions near support
In downtrends, focus on reactions near resistance
Breakouts are more relevant when aligned with trend context
Retests gain importance when structure and trend agree
Customization Tips
Use preset sensitivities (Scalp / Intraday / Swing) for quick setup
Enable MTF S/R to reference higher-timeframe structure
Adjust label size, offset, and precision for readability
Disable unused components to improve performance on lower-end systems
This combined view helps improve contextual clarity and reduce noise.
5. Alerts Usage
Alerts are optional and fully configurable.
Cooldown settings can be used to limit repeated notifications during ranging conditions.
All alerts are informational and should be visually validated.
Open Source & Credits
This script is released as open source under the Mozilla Public License 2.0.
Parts of the MA Ribbon logic and conceptual inspiration are derived from publicly shared work by JustUncleL on TradingView.
Respect and thanks are extended for these contributions.
You are free to:
Study the code
Modify it for personal use
Share improvements under the same license terms
Disclaimer
This indicator is provided for educational and informational purposes only.
No guarantees are made regarding accuracy, performance, or outcomes.
Use at your own discretion.
Opening Range {basic}Introduction
Opening range {basic} is a clean and reliable indicator designed to help traders visualize the opening range of a trading session with minimal setup and visual clutter.
This version focuses on the core components of opening range analysis, making it ideal for traders who want a simple, effective framework for identifying early-session structure across futures, forex and crypto markets.
Description
The indicator automatically calculates the opening range high, low and midpoint over a user-defined opening window (5m, 15m, 30m or 60m) within a selected trading session (default: NY session).
During the opening range window, the indicator dynamically tracks price to form the range. Once the opening range is complete, the high, low and midpoint are extended forward for the remainder of the session, providing clear reference levels that can be used for bias, mean reversion or breakout-based decision making.
A shaded fill highlights the opening range area, with an optional size display showing the total range in price units. Styling and logic are intentionally simplified to keep the chart clean and easy to interpret.
Features
Configurable opening range length
Choose between 5m, 15m, 30m or 60m opening ranges.
Session-based calculation
Opening range is calculated only within the selected trading session.
Opening range levels
Opening range high, low and midpoint.
Range fill & size display
Shaded fill between the opening range high and low.
Text showing total opening range size.
Clean, minimal design
Fixed line styles and thickness for clarity.
Dark and light theme support.
Minimal settings for fast, intuitive use.
Optimized performance
Designed for intraday timeframes compatible with the selected opening range length.
Terms & Conditions
This indicator is provided for educational and informational purposes only and does not constitute financial advice.
Trading involves risk and past performance is not indicative of future results.
The user assumes full responsibility for any trading decisions made using this indicator.
Sessions & Key Levels {basic}Introduction
Sessions & Key Levels {basic} is a streamlined key level indicator designed to provide traders with clear visual structure around intraday trading sessions and essential higher timeframe reference levels.
The {basic} version focuses on the most commonly used session and price levels, helping traders identify important areas of interest without overwhelming the chart. It is ideal for traders who want a clean, reliable framework for session-based and timeframe-based analysis.
Description
The indicator plots the Asia, London and New York trading sessions directly on the chart, including session boxes and key session levels. Session highs and lows update dynamically while the session is active, providing real-time context as price develops.
In addition to session levels, the indicator includes current and previous period levels from a single configurable timeframe. These levels highlight important open, high, low and midpoint references that are frequently respected by price and commonly used for intraday bias, structure and trade planning.
The {basic} version is designed to remain visually minimal, with fixed styling and simplified settings, making it easy to use straight out of the box.
Features
Global session windows
Asia, London and New York sessions.
Custom session times.
Session boxes with adaptive highs and lows.
Session levels
Open, high, low and midpoint per session.
Automatically updates during active sessions.
Clean, consistent labelling.
Previous period levels
One configurable timeframe.
Open, high, low and midpoint of the prior period.
Useful for daily or intraday reference levels.
Current period levels
Tracks live open, high, low and midpoint of the selected timeframe.
Updates dynamically as the timeframe progresses.
Simplified design
Fixed line styles and colors for clarity.
Dark and light theme support.
Minimal settings for ease of use.
Terms & Conditions
This indicator is provided for educational and informational purposes only and does not constitute financial advice.
Trading involves risk and past performance is not indicative of future results.
The user assumes full responsibility for any trading decisions made using this indicator.
NeuraCloud - Ichimoku (Purple Kumo) + Alerts (Minimal)NeuraCloud is a clean, modern interpretation of the Ichimoku Cloud, designed to identify trend direction, market structure, and key support/resistance zones at a glance.
The purple cloud (Kumo) acts as a dynamic trend filter:
• Price above the cloud indicates bullish conditions
• Price below the cloud indicates bearish conditions
• Price inside the cloud signals consolidation or uncertainty
NeuraCloud combines the cloud with Tenkan-sen and Kijun-sen to highlight momentum shifts, pullbacks, and trend continuation opportunities. Built-in alerts notify you of price/cloud breaks, momentum crosses, and cloud flips, helping you stay aligned with high-probability market structure.
Ideal for trend traders, swing traders, and multi-timeframe analysis, NeuraCloud keeps charts clean while delivering clear market context.
eBacktesting - Learning: BreakoutseBacktesting - Learning: Breakouts highlights ranges & breakout behaviors in a clean, visual way.
It automatically:
- Detects consolidation ranges (tight price action) and draws a range box
- Marks a breakout only when a candle CLOSES outside the range (no wick-only breakouts)
Adds a label on the breakout candle (↑ bullish breakout / ↓ bearish breakout)
These indicators are built to pair perfectly with the eBacktesting extension, where traders can practice these concepts step-by-step. Backtesting concepts visually like this is one of the fastest ways to learn, build confidence, and improve trading performance.
Educational use only. Not financial advice.
WaveRider [Scalping-Algo]# 📊 TrendPulse Pro - Indicator Guide
## 🎯 What is it?
A clean all-in-one trend tool. Combines 4 smoothed MAs, candlestick patterns & session highlights. No clutter, just signals.
---
## 🔧 Features
### 📈 4 Smoothed Moving Averages
- **21 SMMA** (Cyan) → Fast trend, scalping
- **50 SMMA** (Green) → Swing entries
- **100 SMMA** (Gold) → Medium trend filter
- **200 SMMA** (Red) → Major trend direction
💡 *Price above all = strong bull. Below all = strong bear.*
---
### ⚡ 3 Line Strike Pattern
Rare but powerful reversal signal.
- 🟢 **Bull 3LS** → 3 red candles + 1 big green that closes above first candle
- 🔴 **Bear 3LS** → 3 green candles + 1 big red that closes below first candle
💡 *Best near support/resistance zones.*
---
### 💎 Engulfing Candles
Shows momentum shift.
- 🟢 **Bull Engulf** → Green candle swallows previous red
- 🔴 **Bear Engulf** → Red candle swallows previous green
💡 *Filter with trend direction for better win rate.*
---
### 🕐 Session Highlight
See your trading window clearly.
- Light shade = Pre-session (prep time)
- Darker shade = Active session (go time)
💡 *Default is CME hours. Adjust in settings.*
---
## 📝 Quick Setup
1. Add to chart
2. Pick your timeframe (works on any)
3. Toggle what you need ON/OFF
4. Set your session times
5. Trade with confidence
---
## 🎨 Color Guide
| Element | Default Color | Meaning |
|---------|---------------|---------|
| 21 MA | Cyan | Fast trend |
| 50 MA | Green | Swing trend |
| 100 MA | Gold | Filter |
| 200 MA | Red | Big picture |
| Fill Green | Light Green | Bullish bias |
| Fill Red | Light Red | Bearish bias |
---
## ⚠️ Tips
✅ Use MA stack for trend bias
✅ Wait for patterns AT key levels
✅ Combine with volume
✅ Respect the 200 MA
❌ Don't trade against all MAs
❌ Don't chase every signal
❌ Don't ignore session times
---
## 🚀 Best Practices
**For Scalping:**
- Focus on 21 & 50 MA
- Trade engulfing patterns
- Use 1-5 min charts
**For Swing:**
- Focus on 100 & 200 MA
- Trade 3 Line Strike
- Use 1H-4H charts
---
Made with ☕ by a trader, for traders.
*"Keep it simple. Let price do the talking."*
S/R-Zones [SouthEast]Autro Support/ Resistance zones, drawn by default on 1 hr timeframe for last 3 months
Supply & Demand (MTF) [Bearly Invested]Overview
This multi-timeframe supply and demand zone indicator identifies institutional price areas using a unique "Last 2 Opposite Candles" methodology. Unlike traditional support/resistance indicators, this script detects zones by analyzing momentum-based impulse moves and marking the base formed by the last two opposite-colored candles before the displacement.
How It Works
Zone Detection Logic
The indicator identifies supply and demand zones through a four-step process:
Momentum Detection: Monitors for consecutive candles with body sizes exceeding the 20-period average body size by a configurable multiplier (default 0.5x)
Impulse Confirmation: When the required number of momentum candles (default: 4 candles within 4-bar span) is detected, the script identifies a potential impulse move
Base Identification: Looks back through all consecutive momentum bars, then scans up to 50 bars to find the last two opposite-colored candles that formed before the impulse
Zone Creation: Creates a supply/demand zone using the combined high and low of those two opposite candles
Multi-Timeframe Analysis
The indicator supports up to three simultaneous timeframes, allowing you to identify higher timeframe zones while trading on lower timeframes. Each timeframe independently calculates zones using its own momentum criteria, providing confluence when multiple timeframe zones align.
Zone Combination Feature
When "Combine Zones" is enabled, overlapping zones from different timeframes or detection instances are automatically merged into single zones. Combined zones display all contributing timeframes in the label (e.g., "15 Min & 30 Min").
Zone Management
Invalidation Methods
Choose between two zone invalidation approaches:
Wick: Zone remains valid until price wicks through the boundary
Close: Zone remains valid until a candle closes through the boundary
Zone Filtering
The script includes built-in filters to reduce noise:
Minimum zone size requirement (10 bars on detection timeframe)
Maximum zone size limit (1.5x ATR)
Minimum 5-bar cooldown between new zone detections
Distance-based filtering (zones beyond max lookback are hidden)
Key Features
Retest & Break Detection
Retests: Automatically marks when price retests an active zone with "R" labels
Breaks: Optionally displays "B" labels when zones are invalidated
Built-in cooldown system prevents label spam (5-bar minimum between retests)
Alert Conditions
Four alert types are included:
Supply Zone Retest
Demand Zone Retest
Supply Zone Break
Demand Zone Break
Configuration Guide
General Settings
Zone Count: High (30 zones), Medium (5), Low (3), or One (single most recent zone per type)
Momentum Count: Number of consecutive momentum candles required (default: 4)
Momentum Span: Maximum bars to scan for momentum confirmation (default: 4)
Max Lookback For Opposite Candles: How far back to search for base candles (default: 50)
Max Distance To Last Bar: Controls historical zone visibility (High: 1250 bars, Normal: 500, Low: 150)
Timeframe Configuration
Enable up to three timeframes simultaneously. When multiple timeframes show the same value (e.g., chart timeframe), duplicate detection automatically disables redundant calculations.
Visual Options
Customizable supply/demand colors with transparency
"Show Historic Zones" toggles visibility of broken/invalidated zones
Text color and label positioning controls
Combined zones display with increased opacity for emphasis
Best Practices
Timeframe Selection: Use higher timeframes (15m, 30m, 1H) for swing trades; lower timeframes work for scalping when combined with HTF confluence
Zone Invalidation: "Close" method reduces false breaks from wicks; "Wick" method is more conservative
Zone Count: Start with "Medium" or "Low" settings to avoid chart clutter, especially on lower timeframes
Momentum Parameters: Lower values (3-4) detect more zones; higher values (5-6) create stricter, higher-quality zones
Combine Zones: Enable this feature to merge overlapping multi-timeframe zones for cleaner charts and stronger confluence areas
Important Notes
Zones are calculated in real-time on the detection timeframe and displayed on your chart timeframe
The indicator looks back a maximum of 2000 bars for calculations
Maximum of 500 boxes/labels can be displayed simultaneously due to Pine Script limitations
Zones older than the "Max Distance" setting are automatically hidden but still tracked for break/retest detection
The "Last 2 Opposite Candles" method may produce zones of varying sizes depending on the range of those base candles
