Silver Bullet ICT – Sweep + FVG + OB🧠 Silver Bullet ICT – Sweep + FVG + OB (Smart Money Tool)
✅ Works on:
NASDAQ / US100
SPX500 / DAX / FX majors
BTC/USD and other crypto
Any asset with high liquidity and volatility during the New York PM session
📊 Strategy Flow:
“We observe what the 4H candle at 16:00 CET produces – then execute the trade on the 5-minute chart if a sweep is confirmed.”
🎯 Logic Breakdown:
Session Timeframe:
Defined between 16:00–17:00 CET – configurable in settings.
Wait for Sweep:
A liquidity grab above previous high (or below previous low) during session.
Marked with triangle (▲ red for high, ▼ green for low).
Confirmed Signal:
A candle closes against the sweep direction.
Volume (optional) is above 20-SMA.
Triggers BUY (green label) or SELL (red label).
Entry Execution:
After the first 4H candle closes at 16:00 CET, look for a confirmed signal on 5-minute chart.
Rozegranie sygnału tylko, gdy zamknie się świeca potwierdzająca sweep.
Confluence:
OB (Order Blocks) and FVG (Fair Value Gaps) help refine targets and context.
Additional box is drawn to visualize session range.
🕊️ Notes:
Does not repaint sweep confirmations
Built-in alerts for sweep and entry signals
Customizable volume filter, box visuals, and session times
Candlestick analysis
Swing ID by Mehroz KhanIdentifies trading opportunities within a Dealing Range by detecting Swing Highs and Swing Lows and generating precise buy/sell signals.
Buy Signal: Triggered when a Swing Low forms in the discount zone (lower 50% of the Dealing Range) and the fourth candle closes above the third candle’s high, indicating a potential bullish reversal.
Sell Signal: Triggered when a Swing High forms in the premium zone (upper 50% of the Dealing Range) and the fourth candle closes below the third candle’s low, signaling a potential bearish reversal.
Dealing Range: Defined by the highest high and lowest low over a user-defined lookback period (default: 20 bars), with a midpoint separating discount and premium zones.
Visuals: Plots Swing Highs (red triangles), Swing Lows (green triangles), range boundaries (blue dashed lines), midpoint (gray dashed line), and signals (green/red triangles with “BUY”/“SELL” labels).
Table: Displays range high, low, and midpoint in a top-right table for quick reference.
Alerts: Supports alerts for buy/sell signals, ideal for real-time trading.
Usage: Best on 1H, 4H, or daily charts. Combine with ICT concepts like Order Blocks or kill zones (e.g., London open) for high-probability setups.
Adjust lookback periods for sensitivity and use stop-losses below Swing Lows (buys) or above Swing Highs (sells)
MA20/60/120/200Indicator Description: Custom MA Indicator with Offset Low PriceThis Pine Script v6 indicator is designed to provide traders with a customizable and visually intuitive tool for technical analysis. It combines four simple moving averages (MA20, MA60, MA120, MA200) with unique offset low price markers, crossover signals, and price labels, making it ideal for identifying trends and key historical price levels.Key Features:Customizable Moving Averages:Displays four SMAs (MA20, MA60, MA120, MA200) with user-defined periods, colors, and line thickness.
Default colors: MA20 (semi-transparent white #ffffffbc), MA60 (light pink #FDBCB4), MA120 (light blue #ADD8E6), MA200 (semi-transparent green #6CD271).
Offset Low Price Markers ("抵扣价"):Plots circles at the low price of specific historical bars (e.g., 20 bars ago for MA20, 60 bars ago for MA60, etc.).
Colors: MA20 (semi-transparent red #C12F2F), MA60/120/200 (yellow #FFC40C).
User-configurable circle size and colors for precise visualization.
Offset Low Price Labels:Displays the low prices of the corresponding historical bars (e.g., 20 bars ago for MA20) on the last confirmed candle.
Labels are color-coded to match the offset markers and positioned near the respective MA lines for clarity.
MA20/MA60 Crossover Signals:Highlights Golden Cross (MA20 crosses above MA60) with green upward triangles below the bar.
Highlights Death Cross (MA20 crosses below MA60) with red downward triangles above the bar.
Includes alert conditions for both Golden and Death Crosses, enabling customizable notifications.
Usage:Apply the indicator to your chart and adjust the MA periods, colors, and line thickness via the settings panel.
Monitor offset low price circles to identify historical support levels.
Use crossover signals and alerts to track potential trend changes.
Ensure sufficient historical data (at least 200 bars) for full functionality, especially for MA200.
Ideal For:Traders seeking a clean, customizable MA-based indicator.
Those analyzing historical low prices for support/resistance levels.
Users looking for reliable crossover signals with alert capabilities.
Note:Ensure your chart has enough historical bars to display all offset markers (e.g., 200 bars for MA200).
Labels may overlap if MA values are close; adjust positions in the code if needed.
For further customization, refer to the Pine Script v6 Reference Manual (www.tradingview.com).
Gradient Candles + MACD + EMAs + WMA + EMA CrossGradient candles that change color based on MACD values selected under custom settings. Also display of the moving averages I use the most. EMA and MACD crosses can be displayed or turned off.
Breakout Signals with Swing LinesEdgerunner breakout system.
A no-nonsense tool designed to detect market momentum shifts and signal high-probability breakouts before they happen.
Volume Scanner (Spikes & Drops) [Context]
💡 In many trading strategies, volume is used as a filter — but not all volume matters.
What really counts are moments when volume suddenly spikes or drops — these are the bars where something important might be happening: a large player enters the market, a fakeout occurs, or a trend shift begins.
🎯 What this indicator does:
This script highlights only the most significant volume anomalies, filtering out the noise and focusing on real movement:
🔺 Green background = Volume Spike (sudden increase)
🔻 Red background = Volume Drop (sudden decrease)
📊 Optional contextual filter:
Enable price context to show signals only when volume shifts occur alongside a breakout of recent high/low.
Fully customizable: control the strength of spikes/drops, the lookback period, and the minimum gap between signals.
📦 Great for:
Adding a clean volume filter to price action strategies
Quickly spotting key volume bars in real time
Works on any timeframe and market (crypto, forex, stocks, indices)
Ultimate Poker Bluff Strategy🎲 Ultimate Poker Bluff Strategy (Intraday Trading)
This strategy integrates multiple sophisticated concepts into a dynamic intraday trading system designed to identify and capitalize on short-term market inefficiencies (fake pumps and fakeouts).
The fake pump indicator can be found here:
📌 Core Concepts & Logic
This TradingView (Pine Script) strategy combines:
Poker principles:
Pot Odds: Ensures a positive risk-reward ratio (at least 2:1).
Bluff Detection: Identifies fake pumps or unnatural price movements using arbitrage detection methods relative to a benchmark (e.g., DXY).
Blackjack "Forbidden Strategy" principles:
Dynamically adjusts the position size based on the profitability of recent trades, scaling up slightly after wins and scaling down after losses.
Devil’s Game (Risk Management):
Implements strict capital protection rules by capping the maximum allowed position size, safeguarding your capital against rare and extreme market events.
⚙️ Detailed Explanation of Parameters
🎛 Strategy Inputs
Basis Risk % per Trade (baseRiskPercent): The baseline percentage of capital risked per trade (default is 1%).
TP ATR Multiplier (atrTPMultiplier = 3.0): Defines the profit target as a multiple of the ATR (Average True Range).
SL ATR Multiplier (atrSLMultiplier = 0.5): Defines the stop-loss level as a multiple of ATR. A tight SL ensures high Reward/Risk.
ATR Length (atrLength = 10): Period for ATR calculation to measure volatility.
Max Position per Trade ($) (maxAbsolutePosition): Maximum allowed position size in USD to protect from catastrophic losses (default is $100,000).
Fake Pump Scale (k) (k = 0.25): Sensitivity setting for detecting unusual price discrepancies (fake pumps).
Benchmark Asset (benchmarkTicker = "DXY"): The asset used as a reference benchmark for arbitrage detection.
📈 Indicators & Calculations
Volatility Measurement (ATR)
Uses the ATR indicator to set dynamic take-profit and stop-loss levels:
Take Profit = current price + (ATR × 3)
Stop Loss = current price − (ATR × 0.5)
Fake Pump Detection (Arbitrage Indicator)
Measures deviations from expected asset price based on a constant relation with a benchmark (e.g., DXY).
Generates EMAs (arb_ema_fast and arb_ema_slow) to detect abnormal short-term movements.
Defines upper and lower thresholds (arb_threshold) to identify potential fake pumps or unsustainable price spikes.
Gamma Stability Check
Ensures stable market conditions by confirming that the difference between fast and slow EMAs (arb_ema_fast and arb_ema_slow) remains small. Trades are entered only during stable conditions to avoid high volatility periods.
🔄 Dynamic Blackjack Position Sizing
Adjusts position sizing dynamically based on previous trade results:
Profitable last trade → Increase risk slightly (up to a cap of 3%).
Losing last trade → Reduce risk to 75% of base risk, enhancing capital protection.
🚨 Entry & Exit Logic
Long Entry Conditions:
Fast EMA crosses above Slow EMA (bullish crossover).
Market is stable (gamma_stable condition true).
Previous candle indicated a downward fake pump (isFakePumpDown ).
Short Entry Conditions:
Fast EMA crosses below Slow EMA (bearish crossover).
Market is stable (gamma_stable condition true).
Previous candle indicated an upward fake pump (isFakePumpUp ).
Risk-Reward Validation: Only enters trades when the risk-reward ratio is at least 2:1.
🛡️ Capital Protection (Devil’s Game Principle)
Ensures no single trade exceeds the absolute maximum allowable position size, providing protection against rare, catastrophic events.
🖥️ Visual Plots for Analysis
Triangles: Visual indications of detected fake pumps:
🔻 Red down arrow: Potential fake upward spike.
🔺 Green up arrow: Potential fake downward spike.
🎯 Strategy Goals & Benefits
Identifies high-probability intraday trades using a rigorous probabilistic framework inspired by professional gambling strategies.
Limits exposure effectively, scaling position size strategically to capitalize on profitable sequences and minimize the impact of losing streaks.
Ensures long-term capital growth with disciplined risk and reward management.
This is just an experiment on how to identify fake moves in the market which works especially in lower timeframe. This is not financial advice.
Weinstein Stage Analysis (50 SMA) - Signals on CandlesWeinstein Stage Analysis (50 SMA) – Buy/Sell Signals on Candles
This indicator brings Stan Weinstein’s legendary “Stage Analysis” to life with modern clarity and discipline.
It uses a 50-period Simple Moving Average (SMA) to objectively identify the four classic market stages:
Stage 1 (Basing): Sideways, early accumulation.
Stage 2 (Advancing): Uptrend, confirmed breakout.
Stage 3 (Topping): Distribution, trend exhaustion.
Stage 4 (Declining): Downtrend, confirmed breakdown.
Key Features:
Market Stage Detection: Automatic color-coded background for each stage.
Entry/Exit Signals: Buy and Sell signals plotted directly on candlesticks—no ambiguity, no lag.
Professional Smoothing: 50 SMA is ideal for weekly, swing, or positional trades; use 200 for daily charts.
Relative Volume (Optional): Quickly spot high-activity breakouts and breakdowns.
No repainting, no curve fitting.
Pure price action, designed for disciplined trend followers.
How to use:
Go long on Stage 2 breakouts with volume confirmation.
Exit or short on Stage 4 breakdowns.
Apply risk management: Stops just below Stage 2 base, above Stage 4 distribution.
Designed for stocks, indices, ETFs, and can be used on all timeframes.
Inspired by:
Stan Weinstein’s “Secrets for Profiting in Bull and Bear Markets”—trusted by professional traders for decades.
For educational purposes only. Not financial advice.
Fair Value Gap Profiles [AlgoAlpha]🟠 OVERVIEW
This script draws and manages Fair Value Gap (FVG) zones by detecting unfilled gaps in price action and then augmenting them with intra-gap volume profiles from a lower timeframe. It is designed to help traders find potential areas where price may return to fill liquidity voids, and to provide extra detail about volume distribution inside each gap to assess strength and likely mitigation. The script automatically tracks each gap, updates its state over time, and can show which gaps are still unfilled or have been mitigated.
🟠 CONCEPTS
A Fair Value Gap is a zone between candles where no trades occurred, often seen as an inefficiency that price later revisits. The script checks each bar to see if a bullish (low above 2-bars-ago high) or bearish (high below 2-bars-ago low) gap has formed, and measures whether the gap’s size exceeds a threshold defined by a volatility-adjusted multiplier of past gap widths (to only detect significantly large gaps). Once a qualified gap is found, it gets recorded and visualized with a box that can stretch forward in time until filled. To add more context, a mini volume profile is built from a lower timeframe’s price and volume data, showing how volume is distributed inside the gap. The lowest-volume subzone is also highlighted using a sliding window scan method to visualise the true gap (area with least trading activity)
🟠 FEATURES
Visual gap boxes that appear automatically when bullish or bearish fair value gaps are detected on the chart.
Color-coded zones showing bullish gaps in one color and bearish gaps in another so you can easily see which side the gap favors.
Volume profile histograms plotted inside each gap using data from a lower timeframe, helping you see where volume concentrated inside the gap area.
Highlight of the lowest-volume subzone within each gap so you can spot areas price may target when filling the gap.
Dynamic extension of the gap boxes across the chart until price comes back and fills them, marking them as mitigated.
Customizable colors and transparency settings for gap boxes, profiles, and low-volume highlights to match your chart style.
Alerts that notify you when a new gap is created or when price fills an existing gap.
🟠 USAGE
This indicator helps you find and track unfilled price gaps that often act as magnets for price to revisit. You can use it to spot areas where liquidity may rest and plan entries or exits around these zones.
The colored gap boxes show you exactly where a fair value gap starts and ends, so you can anticipate potential pullbacks or continuations when price approaches them.
The intra-gap volume profile lets you gauge whether the gap was created on strong or thin participation, which can help judge how likely it is to be filled. The highlighted lowest-volume subzone shows where price might accelerate once inside the gap.
Traders often look for entries when price returns to a gap, aiming for a reaction or reversal in that area. You can also combine the mitigation alerts with your trade management to track when gaps have been closed and adjust your bias accordingly. Overall, the tool gives a clear visual reference for imbalance zones that can help structure trades around supply and demand dynamics.
Pullback Pro Dow Strategy v7 (ADX Filter)
### **Strategy Description (For TradingView)**
#### **Title:** Pullback Pro: Dow Theory & ADX Strategy
---
#### **1. Summary**
This strategy is designed to identify and trade pullbacks within an established trend, based on the core principles of Dow Theory. It uses market structure (pivot highs and lows) to determine the trend direction and an Exponential Moving Average (EMA) to pinpoint pullback entry opportunities.
To enhance trade quality and avoid ranging markets, an ADX (Average Directional Index) filter is integrated to ensure that entries are only taken when the trend has sufficient momentum.
---
#### **2. Core Logic: How It Works**
The strategy's logic is broken down into three main steps:
**Step 1: Trend Determination (Dow Theory)**
* The primary trend is identified by analyzing recent pivot points.
* An **Uptrend** is confirmed when the script detects a pattern of higher highs and higher lows (HH/HL).
* A **Downtrend** is confirmed by a pattern of lower highs and lower lows (LH/LL).
* If neither pattern is present, the strategy considers the market to be in a range and will not seek trades.
**Step 2: Entry Signal (Pullback to EMA)**
* Once a clear trend is established, the strategy waits for a price correction.
* **Long Entry:** In a confirmed uptrend, a long position is initiated when the price pulls back and crosses *under* the specified EMA.
* **Short Entry:** In a confirmed downtrend, a short position is initiated when the price rallies and crosses *over* the EMA.
**Step 3: Confirmation & Risk Management**
* **ADX Filter:** To ensure the trend is strong enough to trade, an entry signal is only validated if the ADX value is above a user-defined threshold (e.g., 25). This helps filter out weak signals during choppy or consolidating markets.
* **Stop Loss:** The initial Stop Loss is automatically and logically placed at the last market structure point:
* For long trades, it's placed at the `lastPivotLow`.
* For short trades, it's placed at the `lastPivotHigh`.
* **Take Profit:** Two Take Profit levels are calculated based on user-defined Risk-to-Reward (R:R) ratios. The strategy allows for partial profit-taking at the first target (TP1), moving the remainder of the position to the second target (TP2).
---
#### **3. Input Settings Explained**
**① Dow Theory Settings**
* **Pivot Lookback Period:** Determines the sensitivity for detecting pivot highs and lows. A smaller number makes it more sensitive to recent price swings; a larger number focuses on more significant, longer-term pivots.
**② Entry Logic (Pullback)**
* **Pullback EMA Length:** Sets the period for the Exponential Moving Average used to identify pullback entries.
**③ Risk & Exit Management**
* **Take Profit 1 R:R:** Sets the Risk-to-Reward ratio for the first take-profit target.
* **Take Profit 1 (%):** The percentage of the position to be closed when TP1 is hit.
* **Take Profit 2 R:R:** Sets the Risk-to-Reward ratio for the final take-profit target.
**④ Filters**
* **Use ADX Trend Filter:** A master switch to enable or disable the ADX filter.
* **ADX Length:** The lookback period for the ADX calculation.
* **ADX Threshold:** The minimum ADX value required to confirm a trade signal. Trades will only be placed if the ADX is above this level.
---
#### **4. Best Practices & Recommendations**
* This is a trend-following system. It is designed to perform best in markets that exhibit clear, sustained trending behavior.
* It may underperform in choppy, sideways, or strongly ranging markets. The ADX filter is designed to help mitigate this, but no filter is perfect.
* **Crucially, you must backtest this strategy thoroughly** on your preferred financial instrument and timeframe before considering any live application.
* Experiment with the `Pivot Lookback Period`, `Pullback EMA Length`, and `ADX Threshold` to optimize performance for a specific market's characteristics.
---
#### **DISCLAIMER**
This script is provided for educational and informational purposes only. It does not constitute financial advice. All trading involves a high level of risk, and past performance is not indicative of future results. You are solely responsible for your own trading decisions. The author assumes no liability for any financial losses you may incur from using this strategy. Always conduct your own research and due diligence.
The Price ModelOpening Range Breakout
Focuses on taking advantage of the New York Opening High volatility
Main goal is to catch simple and straight forward trades with Strict rules
Recommend Targeting 1:1 first, and then setting stop to breakeven after 1:1 is hit
Can use 5 Min ORB 1:1 as a second TP after entering on the prior 1min ORB.
LUCEO OHLCLUCEO OHLC Levels – Daily, Weekly, Monthly
Description:
This script displays dynamic OHLC (Open, High, Low, Close) levels for daily, weekly, and monthly timeframes, including both:
Previous period OHLC (shown in red)
Current period High/Low (shown in blue)
🔧 Fully customizable:
Toggle each timeframe (daily/weekly/monthly) independently
Adjust colors, labels, and line extensions
Place labels at start or end of the period
📌 Designed to help traders easily identify:
Key support/resistance zones
Breakout or rejection levels
Institutional price reaction zones
💡 Ideal for intraday, swing, and positional traders using multi-timeframe analysis.
RTH YANICK BOXRTH box like ICT learn me .
RTH is a relatively newer term, particularly in the context of side-by-side trading in both pit and electronic markets. It signifies the most liquid and active period for trading a particular instrument.
enjoy.
Institutional Sessions Overlay (Asia/London/NY)Institutional Sessions Overlay is a professional TradingView indicator that visually highlights the main trading sessions (Asia, London, and New York) directly on your chart.
Customizable: Easily adjust session start and end times (including minutes) for each market.
Timezone Alignment: Shift session boxes using the timezone offset parameter so sessions match your chart’s timezone exactly.
Clear Visuals: Colored boxes and optional labels display session opens and closes for fast institutional market structure reference.
Toggle Labels: Show or hide session open/close labels with a single click for a clean or detailed look.
Intuitive UI: User-friendly grouped settings for efficient configuration.
This tool is designed for day traders, institutional traders, and anyone who wants to instantly recognize global session timing and ranges for SMC, ICT, and other session-based strategies.
How to use:
Set your chart to your local timezone.
Use the "Session timezone offset" setting if session boxes do not match actual session opens on your chart.
Adjust the hours and minutes for each session as needed.
Enable or disable labels in the “Display” settings group.
Tip: Use the overlay to spot session highs and lows, volatility windows, and institutional liquidity sweeps.
Adaptive Trend & Whale Vol + POCAdaptive Trend & Whale Vol + POC — powerful multi-tool indicator combining adaptive trend, whale volume spikes, RSI divergences, and volume-based POC to enhance trade entries and exits with clear signals and alerts.
Quarterly Theory Levels - Period Basedquarterly theory levels for daily, weekly, market close, quarterly and yearly
Quarterly Theory Levels - Period BasedOpen, true open, market close for daily weekly, monthly, quarterly, yearly.
JXMJXRS - Mean Reversion Bands ToolThis indicator highlights when price is likely overextended and may revert back toward its average. It does this by plotting a central mean (EMA, SMA, or VWAP) with dynamic bands based on either standard deviation or ATR. These bands help show how far price has moved from normal levels.
When price moves beyond the outer bands, the background highlights in red or green to signal possible exhaustion. An optional setting allows the highlight to trigger only if the full candle body breaks beyond the band, helping reduce noise from small spikes or wicks.
The inner bands show more moderate overextensions, while the outer bands focus on stronger, less frequent moves. This makes the tool useful in both ranging and trending environments.
The indicator also includes a hidden oscillator that measures how far price is from the mean in standardized units. It stays off by default but can be enabled by advanced users if needed.
This tool works best on higher timeframes, such as the daily chart. It is not a buy or sell signal, but a way to add context and filter low-quality setups by focusing only on significant price extensions.
A red background appears when price closes significantly above the upper volatility band. This suggests that price is stretched far above its normal range and may be entering an overbought or exhausted state. A green background appears when price closes significantly below the lower volatility band, indicating a potential oversold condition. These zones highlight areas where a price reversion or slowdown may be more likely based on statistical extremes.
Enhanced Neowave Wave 1 Finder with ZigZagThis script is an advanced technical analysis indicator for the TradingView platform, written in Pine Script version 5. Its primary goal is to identify potential Elliott Wave "Wave 1" patterns, enhanced with principles from Neowave theory and a custom ZigZag indicator for more accurate pivot detection. The script is designed to be overlaid on the main price chart.
Core Functionality: Blending ZigZag and Neowave
The indicator's methodology is a two-part process. First, it identifies significant price swings using a robust ZigZag indicator. Then, it analyzes these swings based on a set of rules derived from Neowave and classic technical analysis to validate them as potential Wave 1 patterns.
Part 1: ZigZag Integration
The first major component is a comprehensive ZigZag indicator that forms the foundation for all subsequent analysis.
Pivot Detection: The pivots() function is the engine of the ZigZag. It scans the historical price data for significant high and low points (pivots) over a user-defined Length.
Segment Drawing: Once pivots are identified, the script draws lines connecting them, creating the classic ZigZag pattern on the chart.
Extended Direction & Ratios: This is an enhanced feature. The script doesn't just identify highs and lows; it categorizes them as:
Higher High (HH) or Lower High (LH)
Lower Low (LL) or Higher Low (HL)
This classification is crucial for understanding the market structure. It also calculates the price ratio of the most recent ZigZag leg relative to the previous one, which is used later for pattern validation.
Dynamic Updates: The ZigZag is not static. On each new bar, it can update its most recent pivot point if a new, more extreme price (a higher high or a lower low) is printed before the direction officially changes. This ensures the ZigZag is always reflecting the most current and significant price action.
Part 2: Neowave Wave 1 Finder
With the market structure defined by the ZigZag, the second part of the script applies a rigorous set of rules to identify potential Wave 1 patterns. A Wave 1 is the initial move of a new trend in Elliott Wave theory.
Key Validation Criteria
For a price move between two ZigZag pivots to be considered a valid Wave 1, it must pass a series of checks:
Significance: The move must have a minimum percentage change (Minimum Wave Length) and last for a minimum number of bars, filtering out insignificant noise.
Volume Confirmation: A genuine impulse wave is typically supported by increasing volume. The script checks if the volume during the potential Wave 1 is significantly higher than the recent average (Volume Increase Threshold).
Momentum Alignment: The direction of the wave must be confirmed by momentum indicators.
For a bullish (upward) Wave 1, the Relative Strength Index (RSI) must be in a bullish regime (above 50) and the MACD line must be above its signal line.
For a bearish (downward) Wave 1, the RSI must be below 50 and the MACD line must be below its signal line.
Structural Analysis (Impulse vs. Diagonal): The script attempts to differentiate between two types of Wave 1:
Impulse Wave: A strong, clean, and direct move.
Diagonal Wave: A more complex, overlapping, and often wedge-shaped pattern. This is identified by analyzing the time and price complexity of the move, along with the ZigZag leg ratios.
Wave 2 Retracement Check: A critical Neowave rule is that a valid Wave 1 must be followed by a valid Wave 2 retracement. The script looks at the next ZigZag leg to ensure it doesn't retrace more than 100% of the potential Wave 1. It also uses the ZigZag ratios to confirm the retracement falls within typical Fibonacci levels (e.g., 38.2% to 78.6%).
Display and User Interface
The script provides a rich visual experience to aid the trader in their analysis.
Wave Labels and Boxes: When a valid Wave 1 is detected, it is highlighted with a colored line (green for bullish, red for bearish) and a shaded background box. A label clearly marks it as "Wave 1 IMPULSE" or "Wave 1 DIAGONAL".
Fibonacci Retracement Levels: Upon detection of a Wave 1, the script automatically draws key Fibonacci retracement levels (38.2%, 50%, 61.8%, 78.6%). These levels are potential targets for the end of the subsequent Wave 2, offering potential entry points for a Wave 3 trade.
Information Labels: Additional labels provide at-a-glance confirmation of the conditions, showing whether volume and momentum criteria were met.
Customizable Inputs: Users have extensive control over the indicator's parameters, including the ZigZag length, volume thresholds, RSI levels, and the colors of all visual elements.
Alerts: The indicator can be configured to generate an alert whenever a new bullish or bearish Wave 1 pattern is confirmed, allowing traders to be notified of potential opportunities in real-time.
Quantum Scalper Pro – Adaptive EMA/VWAP Hybrid Engine🧠 Quantum Scalper Pro – Adaptive EMA/VWAP Hybrid Engine
Experimental version under development
This strategy combines a hybrid technical analysis system based on:
Multiple EMAs and smoothed VWAP
Higher timeframe trend confirmation
Dynamic ATR-based breakout entries
Engulfing patterns and RSI divergences
Adaptive risk management and smart re-entry logic
📈 The algorithm includes filters for consolidation zones, abnormal volume, outlier candles, and dynamically adjusts key parameters based on the selected timeframe.
🛡️ The risk management system is fully adaptive, scaling take-profit and stop-loss levels based on current volatility (ATR), with exit logic triggered by EMA/MVWAP crossovers or RSI overbought/oversold conditions.
⚠️ IMPORTANT:
This is an experimental strategy. Past performance does not guarantee future results. Please use it strictly for backtesting or demo accounts while evaluating its behavior across different assets and market conditions.
