Volume
Order Block Price Action Strategyfor a strategy that trades based off the price action using the high vol area that are located using weekly, daily and 4hr time frame order blocks that would tell you to enter after it retest
VPA Volume Price AverageDescription:
This indicator displays a moving average of volume and its signal line in a separate pane, with conditional highlighting to help interpret buyer and seller pressure. It’s based on two main lines:
Volume Moving Average (red line) : represents the average volume calculated over a configurable number of periods.
Signal Line of the Volume Moving Average (blue line): this is an average of the volume moving average itself, used as a reference for volume trends.
Key Features
Volume Moving Average with Conditional Highlighting:
The volume moving average is plotted as a red line and changes color based on two specific conditions:
The closing price is above its moving average, calculated over a configurable number of periods, indicating a bullish trend.
The volume moving average is greater than the signal line, suggesting an increase in buyer pressure.
When both conditions are met, the volume moving average turns green. If one or both conditions are not met, the line remains red.
Signal Line of the Volume Moving Average:
The signal line is plotted in blue and represents a smoothed version of the volume moving average, useful for identifying long-term volume trends and as a reference for the highlighting condition.
Customizable Periods
The indicator allows you to set the periods for each average to adapt to different timeframes and desired sensitivity:
Period for calculating the volume moving average.
Period for calculating the signal line of the volume moving average.
Period for the price moving average (used in the highlighting condition).
How to Use
This indicator is especially useful for monitoring volume dynamics in detail, with a visual system that highlights conditions of increasing buyer strength when the price is in an uptrend. The green highlight on the volume moving average provides an intuitive signal for identifying potential moments of buyer support.
Try it to gain a clearer and more focused view of volume behavior relative to price movement!
Volume Colors with Dynamic MA Threshold [QuantHound]This indicator displays volume on a separate chart panel, colored according to Wyckoff theory. Bright green and red colors represent high-volume events, while gray signifies low volume. The included moving average (SMA) dynamically adjusts based on the timeframe you are viewing: for example, it uses a 50-period SMA for daily charts, a 20-period SMA for weekly charts, and a 12-period SMA for monthly and higher timeframes by default. This allows the indicator to more accurately capture institutional activity across different timeframes.
When applied to the daily chart, this indicator can help identify potential institutional buying or selling activity. The bright colors make it easier to identify key support and resistance levels and validate whether trend lines are respected by larger players. Low volume (indicated by grey colors) along a trend line usually indicates a weakening trend.
The same applies to support and resistance levels: to verify their significance, check for high volume at these levels, especially on the daily chart.
This differs from other similar volume indicators because it allows different thresholds for different timeframes and clearly indicates the different levels of volumes you should be concerned with, low volume (grey), average volume (yellow line), high volume (bright colors, above yellow line) and extreme volume (above the orange line).
Multi-Anchored VWAP with Projections📊 5-in-1 Anchored VWAP with Smart Projections
Harness the power of multiple Anchored VWAPs in one clean indicator! Perfect for tracking key market shifts and identifying significant price levels across different timeframes.
🔥 Key Features:
5 independent VWAP lines with custom anchor dates
Forward price projections for each VWAP (Linear or Exponential)
Individual color customization for each line
Show/hide toggles for flexible chart management
Clean, optimized code for smooth performance
💡 Use Cases:
Track multiple significant market events simultaneously
Monitor VWAPs from different timeframes in one view
Identify key support/resistance levels
Analyze price action relative to multiple anchor points
Project future price levels based on VWAP trajectories
⚙️ Full Customization:
Set specific dates and times for each VWAP
Choose between linear and exponential projections
Adjust projection length and lookback period
Customize colors for both VWAP lines and projections
Control line visibility with individual toggles
📌 Perfect For:
Day traders tracking intraday levels
Swing traders monitoring longer-term trends
Position traders analyzing major market shifts
Anyone seeking to reduce chart clutter while maintaining multiple VWAPs
🎯 Pro Tip: Use different colors for different timeframes or market events to create a clear visual hierarchy on your charts.
Enjoy the indicator! Don't forget to like and leave feedback if you find it useful!
EMA with VolInput Parameters:
len9: Length for the shorter EMA (default is 9).
len20: Length for the longer EMA (default is 20).
src: Data source for the EMAs, set to the closing price.
volumeThreshold: Volume multiplier threshold to check if the current volume is greater by a specific percentage compared to the previous candle.
Calculating EMAs:
ema9: The 9-period EMA.
ema20: The 20-period EMA.
Plotting EMAs:
The script plots ema9 in blue and ema20 in black.
Identifying Crossovers and Crossunders:
bullishCross: A crossover event where ema9 crosses above ema20.
bearishCross: A crossunder event where ema9 crosses below ema20.
Volume Condition:
Checks if the current volume is greater than the specified multiplier times the previous volume.
Generating Buy and Sell Signals:
strongBuySignal: A strong buy signal occurs when there's a bullish crossover, and the volume condition is met.
strongSellSignal: A strong sell signal occurs when there's a bearish crossunder, and the volume condition is met.
Plotting Buy and Sell Arrows:
Upward green arrows indicate strong buy signals.
Downward red arrows indicate strong sell signals.
Potential Improvements or Additions:
Customization: You could allow users to adjust the colors or other settings for flexibility.
Alerts: Adding alerts to notify traders when strong buy or sell signals occur.
Filtering Noise: Consider adding additional filters (like using higher time frames or ATR filters) to reduce false signals.
Salman Indicator: Multi-Purpose Price ActionSalman Indicator: Multi-Purpose Price Action Tool for Pin Bars, Breakouts, and VWAP Anchoring
This indicator provides a comprehensive suite of price action insights, designed for active traders looking to identify key market structures and potential reversals. The script incorporates a Quarterly VWAP for trend bias, marks pin bars for possible reversal points, highlights outside bars for volatility signals, and indicates simple breakouts and pivot-level breaks. Customizable settings allow for flexibility in various trading styles, with default settings optimized for daily charts.
Outside Bars : Represented by an ⤬ symbol on the chart, these indicate bars where the current high is greater than the previous bar’s high, and the low is lower than the previous bar’s low, signaling high volatility and potential market reversals.
Pin Bars : Denoted by a small dot at the top or bottom of a candle’s wick, these are crucial signals of potential reversal areas. Pin bars are identified based on the percentage length of their shadows, with adjustable strictness in settings.
Quarterly VWAP : The light blue line on the chart represents the VWAP (Volume-Weighted Average Price), which is anchored to the Quarterly period by default. The VWAP acts as a directional bias filter, helping you to determine underlying market trends. This period, source, and offset are fully adjustable in the script’s settings.
Simple Breaks : Hollow candles on the chart indicate "simple breaks," defined when the current bar closes above the previous high or below the previous low. This is an effective way to highlight directional momentum in the market.
Bonus Pivot Breaks : The tilde symbol ~ appears when the price closes above or below prior pivot high/low levels, helping traders spot significant breakout or breakdown points relative to recent pivots.
Alerts
Simple Breaks : Alerts you when a breakout occurs beyond the previous bar’s high or low. Pin Bars : Notifies you of potential reversal points as indicated by bullish or bearish pin bars. Outside Bars : Triggers an alert whenever an outside bar is detected, indicating possible volatility changes.
How to Use
VWAP for Trend Bias : Use the Quarterly VWAP line to gauge overall market trend, with settings that allow adjustment to daily, weekly, monthly, or even larger time frames.
Pin Bars for Reversal Potential : Look for the dot markers on candle wicks, where the strictness of the pin bar detection can be adjusted via settings to match your trading preference.
Simple and Pivot Breaks for Momentum : Watch for hollow candles and the tilde symbol ~ as indicators of potential breakout momentum and pivot break levels, respectively.
This script can serve traders on multiple timeframes, from daily to weekly and beyond. The flexible configuration allows for adjustments in VWAP anchoring and pin bar criteria, providing a tailored fit for individual trading strategies.
ROCnRollThe ROCnRoll indicator can be used on any asset and aims to generate bullish or bearish signals based on market trends, assisting investors in making buy or sell decisions.
This technical indicator combines two well-known and complementary indicators:
The Rate of Change (ROC)
The Exponential Moving Average (EMA)
With these two tools, the ROCnRoll indicator accurately, precisely, and flexibly reflects the volatility of the analyzed asset prices.
4 VWAP (D,W,M,A)This is an indicator that combines the seasonality of 4 VWAPs, session, weekly, monthly, and yearly, perfect to indicate trends or to see the right price on the asset.
Effective Volume (ADV) v3Effective Volume (ADV) v3: Enhanced Accumulation/Distribution Analysis Tool
This indicator is an updated version of the original script by cI8DH, now upgraded to Pine Script v5 with added functionality, including the Volume Multiple feature. The tool is designed for analyzing Accumulation/Distribution (A/D) volume, referred to here as "Effective Volume," which represents the volume impact in alignment with price direction, providing insights into bullish or bearish trends through volume.
Accumulation/Distribution Volume Analysis : The script calculates and visualizes Effective Volume (ADV), helping traders assess volume strength in relation to price action. By factoring in bullish or bearish alignment, Effective Volume highlights points where volume strongly supports price movements.
Volume Multiple Feature for Volume Multiplication : The Volume Multiple setting (default value 2) allows you to set a multiplier to identify bars where Effective Volume exceeds the previous bar’s volume by a specified factor. This feature aids in pinpointing significant shifts in volume intensity, often associated with potential trend changes.
Customizable Aggregation Types : Users can choose from three volume aggregation types:
Simple - Standard SMA (Simple Moving Average) for averaging Effective Volume
Smoothed - RMA (Recursive Moving Average) for a less volatile, smoother line
Cumulative - Accumulated Effective Volume for ongoing trend analysis
Volume Divisor : The “Divide Vol by” setting (default 1 million) scales down the Effective Volume value for easier readability. This allows Effective Volume data to be aligned with the scale of the price chart.
Visualization Elements
Effective Volume Columns : The Effective Volume bar plot changes color based on volume direction:
Green Bars : Bullish Effective Volume (volume aligns with price movement upwards)
Red Bars : Bearish Effective Volume (volume aligns with price movement downwards)
Moving Average Lines :
Volume Moving Average - A gray line representing the moving average of total volume.
A/D Moving Average - A blue line showing the moving average of Accumulation/Distribution (A/D) Effective Volume.
High ADV Indicator : A “^” symbol appears on bars where the Effective Volume meets or exceeds the Volume Multiple threshold, highlighting bars with significant volume increase.
How to Use
Analyze Accumulation/Distribution Trends : Use Effective Volume to observe if bullish or bearish volume aligns with price direction, offering insights into the strength and sustainability of trends.
Identify Volume Multipliers with Volume Multiple : Adjust Volume Multiple to track when Effective Volume has notably increased, signaling potential shifts or strengthening trends.
Adjust Volume Display : Use the volume divisor setting to scale Effective Volume for clarity, especially when viewing alongside price data on higher timeframes.
With customizable parameters, this script provides a flexible, enhanced perspective on Effective Volume for traders analyzing volume-based trends and reversals.
9EMA SlapperThe 9EMA Slapper is your all-in-one solution for catching trend reversals and volume surges. This powerful indicator combines the 9-period EMA with multi-level volume strength analysis, delivering precise buy and sell signals based on dynamic volume trends. Here’s what makes it stand out:
Key Features 🚀
9EMA for Trend Detection
The 9-period EMA serves as the backbone, highlighting short-term trends and crossovers.
Uptrend & downtrend states switch based on price crossing above or below the EMA.
Dynamic Volume Analysis 📊
Detects volume strength with a customizable threshold, focusing on the 20-period moving average for better accuracy.
Highlights "Buy" and "Sell" volumes separately, allowing you to see the power behind each move.
Multi-Bar Volume Confirmation 🔥
Tracks volume strength over 1 to 5 bars, where:
1-Bar Signal: Initial sign of strong volume
5-Bar Signal: Extreme volume strength, often hinting at major moves ahead.
Customizable bar confirmation (1-5 bars) to catch trends early or wait for added confirmation.
Signal Alerts with Style 🎯
Clearly plotted signals for bullish/bearish trends:
1-5 bar signals appear as labels on your chart for easy visualization.
Color-coded for clarity, from lime green (1-bar) to bright white (5-bar).
Alerts for every signal, so you won’t miss a beat even when away from the chart.
Candle Coloring & Day Breaks 🌄
Candles change color dynamically based on trend direction and volume strength:
Strong Uptrend: Bright green
Strong Downtrend: Bold red
Subtle day breaks to enhance chart readability.
When to Use 📈
Trend Reversals: Catching the switch in trends as price crosses the 9EMA with volume confirmation.
Volume Surges: Identifying when volume surges beyond the average, suggesting stronger momentum.
Multi-Level Confirmation: See signals between early 2-bar signals or wait for solid 5-bar confirmations, ideal for different trading styles.
With 9EMA Slapper, you get a powerful tool for tracking market momentum and volume strength. Try it out, catch those signals, and make better trading decisions! 📉📈
Volume/Market Cap Oscillatorvol/mc*100
Simple plot on chart of the vol/mc ratio, works only on cryptocap tickets.
David_candle length with average and candle directionThis indicator,
calculates the difference between the highest and lowest price (High-Low difference) for a specified number of periods and displays it in a table. Here are the functions and details included:
Number of Periods: The user can define the number of periods (e.g., 10) for which the High-Low differences are calculated.
Table Position: The position of the table that displays the results can be selected by the user (top left, top right, bottom left, or bottom right).
High-Low Difference per Candle: For each defined period, the difference between the highest and lowest price of the respective candle is calculated.
Candle Direction: The color of the displayed text in the table changes based on the candle direction:
Green for bullish candles (close price higher than open price).
Red for bearish candles (close price lower than open price).
White for neutral candles (close price equal to open price).
Average: Below the High-Low differences, the average value of the calculated differences is displayed in yellow text.
This indicator is useful for visually analyzing the volatility and movement range within the recent candles by highlighting the average High-Low difference.
Ultimate Aggregate Market Indicator with real predicitionsthis script is very good at predicting the future outcomes
Cumulative Volume Delta Custom AlertDescription
This script calculates and visualizes the Cumulative Volume Delta (CVD) on multiple timeframes, enabling traders to monitor volume-based price action dynamics. The CVD is calculated based on up and down volume approximations and displayed as a candle plot, with color-coded alerts when significant changes occur.
Key Features:
Multi-Timeframe Analysis: The script uses a customizable anchor period and a lower timeframe for scanning, allowing it to capture more granular volume movements.
Volume-Based Trend Detection: Plots CVD candles with color indicators (teal for increasing volume delta, red for decreasing), helping traders to visually track volume trends.
Dynamic Alerts for Volume Shifts:
Triggers an alert when there is a significant (over 25%) change in CVD between consecutive periods.
The alert marker color adapts based on the current CVD value:
Blue when the current CVD is positive.
Yellow when the current CVD is negative.
Markers are placed above bars for volume increases and below for volume decreases, simplifying visual analysis.
Customizable Background Highlight: Adds a background highlight to emphasize significant CVD changes.
Use Cases:
Momentum Detection: Traders can use alerts on large volume delta changes to identify potential trend reversals or continuation points.
Volume-Driven Analysis: CVD helps distinguish buy and sell pressure across different timeframes, ideal for volume-based strategies.
How to Use
Add the script to your TradingView chart.
Configure the anchor and lower timeframes in the input settings.
Set up alerts to receive notifications when a 25% change in CVD occurs, with color-coded markers for easy identification.
VolWRSI### Description of the `VolWRSI` Script
The `VolWRSI` script is a TradingView Pine Script indicator designed to provide a volume-weighted Relative Strength Index (RSI) combined with abnormal activity detection in both volume and price. This multi-faceted approach aims to enhance trading decisions by identifying potential market conditions influenced by both price movements and trading volume.
#### Key Features
1. **Volume-Weighted RSI Calculation**:
- The core of the script calculates a volume-weighted RSI, which gives more significance to price movements associated with higher volume. This helps traders understand the strength of price movements more accurately.
2. **Abnormal Activity Detection**:
- The script includes calculations for abnormal volume and price changes using standard deviation (SD) multiples. This feature alerts traders to potential unusual activity, which could indicate upcoming volatility or market manipulation.
3. **Market Structure Filtering**:
- The script assesses market structure by identifying pivot highs and lows, allowing for better contextual analysis of price movements. This includes identifying bearish and bullish divergences, which can signal potential reversals.
4. **Color-Coded Signals**:
- The indicator visually represents market conditions using different bar colors for various scenarios, such as bearish divergence, likely price manipulation, and high-risk moves on low volume. This allows traders to quickly assess market conditions at a glance.
5. **Conditional Signal Line**:
- The signal line is displayed only when institutional activity conditions are met, remaining hidden otherwise. This adds an extra layer of filtering to prevent unnecessary signals, focusing only on significant market moves.
6. **Overbought and Oversold Levels**:
- The script defines overbought and oversold thresholds, enhancing the trader's ability to spot potential reversal points. Color gradients help visually distinguish between these critical levels.
7. **Alerts**:
- The script includes customizable alert conditions for various market signals, including abnormal volume spikes and RSI crossings over specific thresholds. This keeps traders informed in real-time, enhancing their ability to act promptly.
#### Benefits of Using the `VolWRSI` Script
- **Enhanced Decision-Making**: By integrating volume into the RSI calculation, the script helps traders make more informed decisions based on the strength of price movements rather than price alone.
- **Early Detection of Market Manipulation**: The abnormal activity detection can help traders identify potentially manipulative market behavior, allowing them to act or adjust their strategies accordingly.
- **Visual Clarity**: The use of color-coding and graphical elements (such as shapes and fills) provides clear visual cues about market conditions, which can be especially beneficial for traders who rely on quick visual assessments.
- **Risk Management**: The identification of high-risk low-volume moves helps traders manage their exposure better, potentially avoiding trades that may lead to unfavorable outcomes.
- **Reduced Noise with Institutional Activity Filtering**: The conditional signal line only plots when institutional activity conditions are detected, providing higher confidence in signals by excluding lower-conviction setups.
- **Customization**: With adjustable parameters for length, thresholds, and colors, traders can tailor the script to their specific trading styles and preferences.
Overall, the `VolWRSI` script combines technical analysis tools in a coherent framework, aiming to provide traders with deeper insights into market dynamics and higher-quality trade signals, potentially leading to more profitable trading decisions.
Custom Volume with Arrow Highlight v2Purpose:
This indicator visualizes volume bars in a chart, highlighting specific conditions based on volume trends. It displays arrows above the volume bars to indicate potential bullish or bearish market conditions.
Key Features:
Volume Bars:
The indicator plots volume as columns on the chart.
Volume bars are colored:
White for bullish volume (when the closing price is higher than the opening price).
Blue for bearish volume (when the closing price is lower than the opening price).
Highlight Conditions:
The indicator identifies a sequence of three consecutive volume bars:
The first two bars must be of the same direction (either both bullish or both bearish).
The third bar must be of the opposite direction.
Additionally, the third bar's volume must be greater than the previous bar's volume.
Arrow Indicators:
When the highlight conditions are met:
An upward arrow ("▲") is placed above the third volume bar for bullish conditions (when the third bar is bullish).
A downward arrow ("▼") is placed above the third volume bar for bearish conditions (when the third bar is bearish).
The arrows are colored to match the respective volume bar: white for bullish and blue for bearish.
Adjustable Size:
The arrows are sized appropriately to ensure visibility without cluttering the chart.
Use Cases:
This indicator can help traders identify potential reversals or continuation patterns based on volume behavior.
It is particularly useful for traders focusing on volume analysis to confirm market trends and make informed trading decisions.
Customization:
Users can modify the conditions and visual attributes according to their preferences, such as changing colors, sizes, and label positions.
Conclusion:
The "Custom Volume with Arrow Highlight" indicator provides a straightforward and effective way to visualize volume trends and identify key market conditions, aiding traders in their decision-making processes. It combines the power of volume analysis with clear visual cues, making it a valuable tool for technical analysis in trading.
If you need any further modifications or details, let me know!
Custom Volume for scalping### **Indicator Summary: Custom Volume with Arrow Highlight**
#### **Purpose:**
This indicator visualizes volume bars in a chart, highlighting specific conditions based on volume trends. It displays arrows above the volume bars to indicate potential bullish or bearish market conditions.
#### **Key Features:**
1. **Volume Bars**:
- The indicator plots volume as columns on the chart.
- Volume bars are colored:
- **White** for bullish volume (when the closing price is higher than the opening price).
- **Blue** for bearish volume (when the closing price is lower than the opening price).
2. **Highlight Conditions**:
- The indicator identifies a sequence of three consecutive volume bars:
- The first two bars must be of the same direction (either both bullish or both bearish).
- The third bar must be of the opposite direction.
- Additionally, the third bar's volume must be greater than the previous bar's volume.
3. **Arrow Indicators**:
- When the highlight conditions are met:
- An **upward arrow** ("▲") is placed above the third volume bar for bullish conditions (when the third bar is bullish).
- A **downward arrow** ("▼") is placed above the third volume bar for bearish conditions (when the third bar is bearish).
- The arrows are colored to match the respective volume bar: white for bullish and blue for bearish.
4. **Adjustable Size**:
- The arrows are sized appropriately to ensure visibility without cluttering the chart.
#### **Use Cases:**
- This indicator can help traders identify potential reversals or continuation patterns based on volume behavior.
- It is particularly useful for traders focusing on volume analysis to confirm market trends and make informed trading decisions.
#### **Customization:**
- Users can modify the conditions and visual attributes according to their preferences, such as changing colors, sizes, and label positions.
### **Conclusion:**
The "Custom Volume with Arrow Highlight" indicator provides a straightforward and effective way to visualize volume trends and identify key market conditions, aiding traders in their decision-making processes. It combines the power of volume analysis with clear visual cues, making it a valuable tool for technical analysis in trading.
If you need any further modifications or details, let me know!
kishore volumebased on volumes buying pressure and selling pressure it calculate overall strength of volumes
Free Imbalance FinderThis Script is an Imbalance Finder, imbalance also goes by the name FVG/Fair Value Gap.
This indicator will automatically highlight and create boxes for Bearish and Bullish Imbalances/FVGs on your Chart.
The indicator is very minimalistic, with only a few settings in the Settings Menu of the Indicator.
You can change the Color of the Boxes and the Border color for the Boxes/Rectangles it will highlight on your chart.
This indicator will also remove Mitigated Imbalances/FVGs when price Fills over 50% of them.
Imbalances/FVGs is very useful, and this indicator will help you identify them on your Candle Stick Chart. If Price is pushing price hard in one dication, without much pullback, you will often see large Gaps. Often called Imbalances or FVGs.
Most people trading ICT or Smart Money Concepts use the concept of Imbalances/FVGs.
And for those people trading that style, this indicator can be helpful.
Use cases:
1.
If you look at XAU/USD on the 1min timeframe, you will often see that Price tends to not leave much 1min Imbalances/FVGs. So with this indicator, you can easily observe how Price is reacting in areas where there is left behind areas of unmitigated Imbalances/FVGs.
2.
If you are Trading Supply and Demand strategies with Orderblocks, and you have an Imbalance Below your Supply, or above your Demand zone. This indicator will Highlight that imbalance for you. Considering the nature of how Imbalances/FVGs is created, often with a big push/momentum in on direction. The Start of the push is often a Supply/Demand zone.
GOLD FUTURES KEY LEVELS GOLD FUTURES
Key Features: G
-Level Markers:
Plots key $10 and $5 levels in the gold market.
-Zone Indicators:
Optional wick and FVG zones for deeper analysis.
-Trend Option:
There is an option to show trend by changing candle color, which you can choose to remove
based on preference.
Strategy Insights:
-Momentum Disclaimer:
This is a momentum strategy, and it works best when price starts to trend. Make sure price is
not choppy, as it can break the $5 level, but the signal is not valid if the market is in a range or
choppy conditions.
-Risk Management:
Typically, a $5 stop loss is used with a $10 take profit for this strategy.
Trade Setup Example: Look for price rejection at a $10 level and subsequent close above a $5
level on the 15m chart for a potential buy signal.
-Flexible Use:
The strategy is still evolving—experiment and find your unique path to profitability. Feel free to contact me if you need help. I've used this strategy to pass prop firms and receive payouts.
Why It Works: COMEX:GC1! COMEX:GC1!
These levels are based on proven market behavior and offer clear entry and exit points. It's your turn to try it and discover an edge.
Ultimate SMC [smart-money-indicators] This indicator is a tool to support the "SMC" strategy.
This indicator does not provide entry or exit signals.
This indicator is a tool to mark key price areas.
This indicator is a tool to mark key time areas.
This indicator is particularly distinguished by its high customizability of tools,
setting it apart from the indicators currently available on the TradingView platform.
Moreover, unlike other "SMC indicators," this one does NOT use pivot points to identify Change of Character (ChoCh) or Break of Structure (BoS).
The following key areas are marked with lines or boxes:
Structure Breaks:
- Bearish Change of Character
- Bearish Break of Structure
- Bullish Change of Character
- Bullish Break of Structure
Premium/Discount Zone:
- Premium/Discount area of the current range, since the last ChoCh or BoS
Potential Buy/Sell Zones (including historical or mitigated):
- Bullish orderblocks
- Bearish orderblocks
Momentum Indicators:
- Bullish Fair Value Gaps
- Bearish Fair Value Gaps
How can I use or interpret these areas?
Structure Breaks:
- If the indicator shows bullish structure breaks in the form of ChoCh or BoS, it indicates a bullish trend.
- If the indicator shows bearish structure breaks in the form of ChoCh or BoS, it indicates a bearish trend.
Premium/Discount Zone:
- If the price is in the premium zone, it indicates that the current price is "expensive," and you should look for sell signals.
- If the price is in the discount zone, it indicates that the current price is "cheap," and you should look for buy signals.
Order Blocks:
- Bearish order blocks indicate strong selling pressure in that area, and you can look for sell signals.
- Bullish order blocks indicate strong buying pressure in that area, and you can look for buy signals.
Momentum Indicators:
- Bullish Fair Value Gaps that form after the creation of an order block may indicate strong buying pressure and confirm a bullish trend.
- Bearish Fair Value Gaps that form after the creation of an order block may indicate strong selling pressure and confirm a bearish trend.
Ultimate ICT [smart-money-indicators]This indicator is a tool to support the "ICT" strategy.
This indicator does not provide entry or exit signals.
This indicator is a tool to mark key price areas.
This indicator is a tool to mark key time areas.
This indicator is particularly distinguished by its high customizability of tools,
setting it apart from the indicators currently available on the TradingView platform.
The following key areas are marked with the help of lines, boxes, background color, or plots:
Time Separators:
- Monthly separator
- Weekly separator
- Daily separator
Liquidity Zones:
- Daily highs/lows
- Weekly highs/lows
- Monthly highs/lows
- Asia Session (during or after the session)
- London Session (during or after the session)
- New York Session (during or after the session)
- London Close Session (during or after the session)
- Session Quarters
- Central Banks Dealer Range
Opening Prices/Average Prices:
- Weekly opening price
- New Week Open Gap
- Daily opening price
- Premium/Discount zone of the day (50% line)
- New York Midnight Open price
- New York Session Open price
Manipulation Times:
- 3 Silver Bullet times
- Macros
How can I use or interpret these areas?
Liquidity Zones:
The liquidity zones used here are time-based.
Liquidity zones can be used, depending on the reaction, either to confirm the continuation of the current trend
or as a signal for a reversal of the current trend.
Opening Prices/Average Prices:
These can be used as separators between the premium and discount zones.
If the price is below one of these values, you are in the discount zone and might look for buy signals.
If the price is above one of these values, you are in the premium zone and might look for sell signals.
