Get started

Candlestick analysis

Estrategia Martillo / Estrella Fugaz by RouroThis strategy is based on the detection of reversal candlesticks: Hammer in bearish zones Shooting Star in bullish zones Both candles indicate a possible change in trend, but you don't enter directly. Instead, this strategy awaits confirmation through a breakout of the high or low of the pattern candlestick. 📌 Entry Conditions: Hammer → LONG Entry if the next candle breaks the hammer candle's high. Shooting Star → SHORT Entry if the next candle breaks the low of the star candle. Optionally, a time filter can be activated (e.g. operate only from 08:00 to 14:00 UTC). 🎯 Dynamic TP and SL: The Stop Loss is placed at the end of the pattern (low or high) or, if desired, on a configurable previous candle. Take Profit is automatically calculated with a configurable Risk/Reward (RR) ratio (default 2:1). 👁️ 🗨️ Visually includes: Arrows marking confirmed entries. Colored border on the candles that meet the pattern. Visual shadow in the active time range. Statistics panel showing: Backtest Start Date Number of Winning/Losing Trades Maximum Streaks Success rate RR ratio used ⚙️ Configurable parameters: Minimum wick/body ratio to define patterns Choice between using SL in pattern or X candles back Ratio RR Operating hours with UTC offset Show or hide TP/SL on the chart 📌 Ideal for: Intraday and swing traders trading in reversal zones Assets such as indices, gold, crude oil, forex, and cryptos Traders who prefer confirmation before entering ✨ Author: Rouro Do you like strategy? Don't forget to leave a like and follow me for more ideas like this! 📩 For suggestions, improvements or collaborations: leave your comment 👇
Pine Script® strategy
by rouro33
1
Returns & Distance from ATHHere’s what that Pine Script does, in everyday terms: 1. **Look back in time** - It grabs the closing price from **3 months ago** and **1 month ago** by asking TradingView’s “monthly” data for the symbol. 2. **Calculate percentage changes** - **3-month return** = (today’s close – close 3 months ago) ÷ (close 3 months ago) × 100 - **1-month return** = (today’s close – close 1 month ago) ÷ (close 1 month ago) × 100 3. **Track the highest price ever seen (ATH)** - It keeps a running “all-time high” variable, updating it any time today’s high exceeds the previous ATH. 4. **Compute how far you are below ATH** - **% from ATH** = (ATH – today’s close) ÷ ATH × 100 5. **Build a little stats table on your chart** - It makes a 2-row by 3-column box in the **top-center** of your price panel. - The **first row** has labels: “3M % Return”, “1M % Return”, “% from ATH”. - The **second row** shows the three computed numbers, each formatted to two decimal places and suffixed with “%.” 6. **Refresh only once per bar** - All of these values and the table get updated **at the close** of each bar, so your table always shows the latest stats without cluttering the chart with extra drawings. In short, this indicator quietly collects the right historical prices, does three simple percent-change math steps, and then displays those three key numbers in a neat, always-visible box at the top of your TradingView chart.
Pine Script® indicator
by trading_kris
The One EliteUnlock Market Precision with The One Elite Indicator Are you tired of confusing and unreliable trading signals that leave you second-guessing your entries and exits? The One Elite Indicator is here to change the way you approach trading, offering precise and actionable insights that can help you stay ahead of the market with confidence. Whether you’re a seasoned trader or just starting, The One Elite empowers you with the tools to trade smarter and more profitably. The One Elite Indicator: Designed for Serious Traders The One Elite Indicator is not your average technical analysis tool. It’s a state-of-the-art trading indicator designed to deliver clear, reliable, and fixed signals without the confusion of repainting. Unlike most indicators that move their signals around after they’ve been generated, The One Elite delivers consistent buy and sell signals that remain fixed throughout the trade. This gives you greater peace of mind and allows you to focus on executing your strategy rather than constantly questioning the signals. Our cutting-edge algorithm ensures that the buy and sell signals are generated with maximum accuracy, taking into account a multitude of factors that determine the most optimal entry and exit points. The One Elite Indicator offers an intuitive interface that displays signals right on the chart, allowing you to make decisions faster and more effectively. No Repainting, Just Clear Signals The key feature of The One Elite is its no repainting ability. Most indicators will adjust their signals after they’ve been generated, which can lead to confusion and inaccurate decision-making. However, The One Elite ensures that once a signal is triggered, it stays where it is. This is essential for making decisions based on actual market conditions without worrying about signals disappearing or moving. You get fixed buy and sell signals that are reliable, real-time, and actionable. Unmatched Performance: Take a Look at the Results To see the effectiveness of The One Elite in action, check out the images below that showcase its performance on both GBPUSD and SPY charts. These visuals demonstrate how The One Elite identifies key entry and exit points that lead to profitable trades. The One Elite 10-Minute GBPUSD Chart As you can see from the chart above, The One Elite provides clear buy and sell signals on the 10-minute GBPUSD chart. The signals are strategically placed, offering opportunities to enter trades at precisely the right moment. Whether you’re trading GBPUSD or any other currency pair, The One Elite gives you the clarity to enter and exit trades at the optimal time, with consistent results. This chart clearly demonstrates how The One Elite is a valuable tool for forex traders who need to make quick, accurate decisions. By following the signals provided by the indicator, traders can capture profitable opportunities while minimizing risk. The One Elite 10-Minute SPY Chart For those focused on stock trading, the The One Elite on the SPY 10-minute chart is equally impressive. The chart above illustrates how the indicator generates perfect buy and sell signals, allowing traders to capitalize on short-term movements in the SPY index. Whether you’re trading stocks, ETFs, or options, The One Elite is designed to give you a strategic advantage with minimal guesswork. The The One Elite indicator stands out with its ability to stay fixed, offering reliable signals for both forex and stock traders. You’ll see the entry points and exit targets clearly marked on the chart, which helps eliminate the uncertainty and hesitation that often comes with trading. Benefits of Using The One Elite 1. No Repainting: Once a signal is given, it remains fixed, providing more confidence in your trade decisions. 2. Enhanced Accuracy: By analyzing market data using advanced algorithms, The One Elite delivers high-quality signals based on real-time market conditions. 3. Versatile Application: Whether you’re trading forex or stocks, The One Elite adapts to various market conditions, ensuring you get the best signals on your preferred assets. 4. Clear Signals for Action: The One Elite provides clear, easy-to-understand signals that tell you exactly when to enter or exit a trade. This simplifies the decision-making process and minimizes trading errors. 5. Maximize Your Trading Efficiency: With no repainting and fixed signals, you can make decisions quickly and accurately, saving you time and reducing the need for excessive chart analysis. How to Use The One Elite Indicator To make the most of The One Elite, follow these simple steps: 1. Install the Indicator: Once you’ve purchased The One Elite, add it to your TradingView chart. It integrates seamlessly with your existing setup. 2. Interpret the Signals: The One Elite provides buy and sell signals right on your chart. When you see a buy signal, you can enter a trade with confidence. When a sell signal appears, consider closing the position to lock in profits. 3. Use Take Profit and Stop Loss: For optimal results, set your take profit level at a higher high when the indicator signals a profit-taking opportunity. For more experienced traders, buy signals at higher high levels can be considered, but only if you’re prepared for potential volatility. 4. Stay Consistent: Consistency is key in trading, and The One Elite helps ensure that you’re making decisions based on fixed, reliable signals. Stick to your strategy and let the indicator guide your trades. Maximize Your Trading Potential with The One Elite Whether you are new to trading or an experienced trader looking for a more precise, efficient way to make decisions, The One Elite is your solution. This tool is designed to enhance your trading strategy, providing fixed signals that you can trust, no repainting, and a clear path to better trading results. Investing in The One Elite is not just about having access to an indicator — it’s about giving yourself the best chance for success in the market. With its advanced technology and user-friendly interface, The One Elite is a must-have tool for anyone serious about trading.
Pine Script® strategy
by nima5555
HTF Candles with Interval Separator (Fiwayy)The **HTF Candle with Interval Separator** is a powerful and versatile TradingView indicator designed to enhance your technical analysis by overlaying higher timeframe (HTF) candles and interval separators directly on your chart. This tool helps traders visualize key price action from higher timeframes without switching charts, while also providing interval separators to mark significant time periods. Whether you're a day trader, swing trader, or long-term investor, this indicator offers a clear and customizable way to analyze market structure, identify imbalances, and maintain discipline in your trading strategy. The indicator displays HTF candles to the right of the current bar, with adjustable padding, spacing, and styling options. It also includes interval separators to highlight the start and end of higher timeframe periods, making it easier to spot trends, reversals, and key levels. Additional features like Fair Value Gaps (FVG) and Volume Imbalance detection provide deeper insights into market dynamics.
Pine Script® indicator
by thewitcher007
EMA + RSI + MACD (초보자용)📋 Indicator Description: This beginner-friendly indicator combines three powerful tools to clearly identify trends and market conditions: Features: EMA (20, 50, 200): Quickly identify market trends (short-term, medium-term, and long-term trends clearly indicated). RSI (14): Easily spot overbought (>70) or oversold (<30) market conditions, helping you make informed trading decisions. MACD: Visualize momentum changes intuitively. Green background indicates bullish momentum; red background indicates bearish momentum. How to use: Trend Confirmation: Check price relative to EMA lines: Above EMA: Bullish trend Below EMA: Bearish trend Market Conditions (RSI): RSI above 70 (overbought) → possible reversal down RSI below 30 (oversold) → possible reversal up Momentum (MACD): MACD crossover (green) → bullish momentum MACD crossover (red) → bearish momentum Referral Event: Use the indicator for free and participate in our referral event to receive additional benefits: 👉 Referral Link: www.bybit.com
Pine Script® indicator
by Daechi_kid
1
ORB + MSS Strategy (Indices) Let the index/stock trade for the first fifteen minutes and then use the high and low of this "fifteen minute range" as support and resistance levels. #A buy signal is given when price exceeds the high of the 15 minute range after an up gap. #A sell signal is given when price moves below the low of the 15 minute range after a down gap. It's a simple technique that works like a charm in many cases. >If you use this technique, though, a few caveats are in order to avoid whipsaws and other market traps. >The most common whipsaw is a trading range that lasts longer than 15 minutes. >If an obvious range builds in 20, 25 or even 30 minutes , use those to define your support and resistance levels. >Also consider the higher noise level in the morning. >A breakout that extends only a tick or two can be easily reversed and trap you in a sudden loss. >So let others take the bait at these levels, while you find pullbacks and narrow range bars for trade execution. Market Structure Shift (MSS) Script Overview This TradingView script is designed to help traders identify Market Structure Shifts (MSS) and Breaks of Structure (BOS), which are key concepts in ICT (Inner Circle Trader) and Smart Money Concepts (SMC) trading. By detecting significant shifts in price action, the script provides visual cues and alerts to help traders spot potential trend changes and continuation patterns. How the Script Works 1. Identifying Swing Highs & Lows The script detects swing highs and swing lows based on a pivot strength setting (default: 3). A swing high forms when a candle’s high is higher than the highs of a set number of candles on both sides. A swing low forms when a candle’s low is lower than the lows of the surrounding candles. 2. Market Structure Shift (MSS) Detection A bullish MSS occurs when price closes above the most recent swing high after previously being in a bearish trend. A bearish MSS occurs when price closes below the most recent swing low after being in a bullish trend. This signals a potential trend reversal and is often a key area for liquidity grabs and smart money entry points. 3. Break of Structure (BOS) Detection (Optional - Can be enabled/disabled in settings) A BOS is detected when price continues in the direction of the trend, confirming a structural break rather than a shift. Bullish BOS: Price breaks a swing high but does not reverse (confirms trend continuation). Bearish BOS: Price breaks a swing low but continues downward. BOS levels help traders confirm trend strength and potential trade continuation setups. 4. Drawing Structure Lines & Labels The script plots horizontal lines at the detected MSS and BOS levels. Labels such as "MSS" or "BOS" appear at the breakout points. Traders can customize the line style, color, and text size for better visibility. 5. Alert System for MSS & BOS The script includes alert conditions that notify traders when an MSS or BOS occurs. Alerts can be set for: Any MSS / Any BOS Bullish MSS / Bullish BOS Bearish MSS / Bearish BOS
Pine Script® indicator
by silaginarcis
First Presented Fair Value Gap [TakingProphets]🧠 Indicator Purpose: The "First Presented Fair Value Gap" (FPFVG) by Taking Prophets is a precision tool designed for traders utilizing Inner Circle Trader (ICT) concepts. It automatically detects and highlights the first valid Fair Value Gap (FVG) that forms between 9:30 AM and 10:00 AM New York time — one of the most critical windows in ICT-based trading frameworks. It also plots the Opening Range Equilibrium (the average of the previous day's 4:14 PM close and today's 9:30 AM open) — a key ICT reference point for premium/discount analysis. 🌟 What Makes This Indicator Unique: This script is highly specialized for early session trading and offers: Automatic Detection: Finds the first Fair Value Gap after the 9:30 AM NYSE open. Clear Visualization: Highlights the FVG zone and labels it with optional time stamps. Equilibrium Line: Plots the Opening Range Equilibrium for instant premium/discount context. Time-Sensitive Logic: Limits detection to the most volatile early session (9:30 AM - 10:00 AM). Extension Options: You can extend both the FVG box and Equilibrium line out to 3:45 PM (end of major session liquidity). ⚙️ How the Indicator Works (Detailed): Pre-Market Setup: Captures the previous day's 4:14 PM close. Captures today's 9:30 AM open. Calculates the Equilibrium (midpoint between the two). After 9:30 AM (New York Time): Monitors each 1-minute candle for the creation of a Fair Value Gap: Bullish FVG: Low of the current candle is above the high two candles ago. Bearish FVG: High of the current candle is below the low two candles ago. The first valid gap is boxed and optionally labeled. Post-Detection Management: The FVG box and label extend forward in time until 3:45 PM (or the current time, based on settings). If enabled, the Equilibrium line and label also extend to help with premium/discount analysis. 🎯 How to Use It: Step 1: Wait for market open (9:30 AM New York time). Step 2: Watch for the first presented FVG on the 1-minute chart. Step 3: Use the FPFVG zone to guide entries (retracements, rejections, or breaks). Step 4: Use the Opening Range Equilibrium to determine premium vs. discount conditions: Price above Equilibrium = Premium market. Price below Equilibrium = Discount market. Best Application: In combination with ICT Killzones, especially during the London or New York Open. When framing intraday bias and identifying optimal trade locations based on liquidity theory. 🔎 Underlying Concepts: Fair Value Gaps: Price imbalances where liquidity is likely inefficient and future rebalancing can occur. Opening Range Equilibrium: Key ICT price anchor used to separate premium and discount conditions post-open. Time-Gated Setup: Limits focus to early session price action, aligning with inner circle trader timing models. 🎨 Customization Options: FVG color, label visibility, and label size. Opening Range Equilibrium line visibility and label styling. Extend lines and boxes to 3:45 PM automatically for full session tracking. ✅ Recommended for: Traders applying Inner Circle Trader (ICT) models. Intraday scalpers or day traders trading the New York session open. Traders who want to frame early session bias and liquidity traps effectively.
Pine Script® indicator
by TakingProphets
TRAMA+EMA5 CrossoverOkay, here is the English translation: This script implements a trading signal system based on the crossover of two moving averages: 1. An **Adaptive Moving Average (AMA)** with a longer calculation period (`length`) and adaptive smoothing, which adjusts its responsiveness based on market volatility. 2. An **Exponential Moving Average (EMA5)** with a fixed and shorter calculation period (5). * When the shorter-period EMA5 crosses **above** the longer-period AMA, a **buy signal** (green triangle) is generated. * When the shorter-period EMA5 crosses **below** the longer-period AMA, a **sell signal** (red triangle) is generated. The script also provides corresponding alert conditions, allowing users to easily set up automated notifications.
Pine Script® indicator
by zlc007
PsicoTraders PRO - Versão Aprimorada ENGLISH VERSION # PsicoTraders PRO - Smart Money & Risk Management (Optimized) ## Description PsicoTraders PRO is an advanced indicator that combines traditional technical analysis, Smart Money concepts, and quantitative risk management to identify high-probability trading opportunities. Developed for traders seeking a structured and disciplined approach, this indicator provides precise signals with integrated risk management. **Developed by Silvio Deusdara** ## How the Visual Elements Work ### Main Visual Components **1. Entry Signals** - **Green Background**: Indicates confirmed buy signal when all conditions are met - **Red Background**: Indicates confirmed sell signal when all conditions are met - **Detailed Labels**: Appear on the chart showing complete information about each signal, including: - Entry price - Stop Loss - Take Profit levels (TP1, TP2, TP3) - Recommended position size - Suggested leverage - Current volatility regime - Fibonacci and Order Block confirmation **2. Order Blocks** - **Transparent Green Boxes**: Represent Bullish Order Blocks - areas where institutions placed significant buy orders - **Transparent Red Boxes**: Represent Bearish Order Blocks - areas where institutions placed significant sell orders - These boxes remain visible for a defined period (default: 50 bars) and are areas of interest for entries **3. Liquidity Zones** - **Horizontal Blue Lines**: Mark liquidity zones where traders' stops are concentrated - **Upper Line**: High liquidity zone - area where sellers' stops are positioned - **Lower Line**: Low liquidity zone - area where buyers' stops are positioned **4. Fibonacci Levels** - **Yellow/Orange Circles**: Mark the 0.618 Fibonacci levels (the most important for reversals) - **Yellow Level**: 0.618 Fibonacci for uptrend - **Orange Level**: 0.618 Fibonacci for downtrend **5. Pivots and Reversal Points** - **Red Triangles**: Mark pivot highs - potential reversal points to the downside - **Green Triangles**: Mark pivot lows - potential reversal points to the upside **6. Long-Term Trend** - **Blue Line**: Represents the 200-period moving average, indicating the long-term trend - Price above the line = uptrend - Price below the line = downtrend **7. Performance Table** - Located in the upper right corner of the chart - **Trend**: Shows the current direction (Up/Down/Sideways) with color coding - **Volatility**: Displays the current regime (High/Medium/Low) with color coding - **RSI**: Current value with color coding (red for overbought, green for oversold) - **ATR**: Current volatility value - **Kelly %**: Optimal percentage of capital to risk based on Kelly formula - **Vol Ratio**: Volatility as a percentage of price - **Fib 0.618**: Indicates if price is near the 0.618 Fibonacci level - **Order Block**: Indicates if there are active Order Blocks on the chart ## Setup Instructions 1. **Add the Indicator to Your Chart** - After adding the indicator, you'll see the visual elements appear on your chart 2. **Adjust Risk Parameters** - Set "Account Balance (USDT)" to your actual trading account size - Set "Risk per Trade (USDT)" to your desired risk amount per trade - Set "Maximum Account Risk (%)" to your risk tolerance (recommended: 5-10%) - Set "Historical Win Rate" to your actual win rate (if unknown, start with 0.50) 3. **Adjust Filter Settings** - Enable/disable filters based on your trading style: - Trend Filter: Recommended ON for trend following - Volatility Filter: Recommended ON for most markets - Session Filter: ON for stocks/forex, OFF for crypto - Macro Filter: Recommended ON for alignment with long-term trend - Fibonacci Filter: Recommended ON for better quality signals 4. **Customize Visual Settings** - Adjust colors for buy/sell signals and Order Blocks if needed - Enable/disable performance table based on preference 5. **Set Up Alerts** - Create alerts for Buy Signals, Sell Signals, and Trailing Stop hits - Use the pre-formatted alert messages for complete trade information ## How to Interpret the Visual Signals ### Buy Signals (Long) A valid buy signal occurs when: 1. The chart background turns green 2. A detailed label appears below the current candle 3. Price is near a bullish Order Block (green box) 4. The performance table shows an uptrend 5. Ideally, price is near the 0.618 Fibonacci level (yellow circle) ### Sell Signals (Short) A valid sell signal occurs when: 1. The chart background turns red 2. A detailed label appears above the current candle 3. Price is near a bearish Order Block (red box) 4. The performance table shows a downtrend 5. Ideally, price is near the 0.618 Fibonacci level (orange circle) ### Visual Risk Management - Labels show exactly where to place stop loss and take profits - Recommended position size is automatically calculated - Trailing stop is visualized when activated - Liquidity zones help identify areas where price may reverse ## Benefits of the Indicator - **Complete Approach**: Combines technical analysis, Smart Money, and risk management - **High-Quality Signals**: Multiple filters reduce false signals - **Integrated Risk Management**: Automatic position and stop loss calculations - **Clear Visualization**: Intuitive visual elements facilitate interpretation - **Adaptability**: Works in multiple markets and timeframes - **Alert System**: Notifications for entries, trailing stops, and approaching liquidity zones This indicator was developed for traders seeking a disciplined and evidence-based approach to the market, combining the best of traditional technical analysis with modern Smart Money concepts and quantitative risk management.
Pine Script® indicator
by sdeusdara
PsicoTraders PRO - Versão Aprimorada ENGLISH VERSION # PsicoTraders PRO - Smart Money & Risk Management (Optimized) ## Description PsicoTraders PRO is an advanced indicator that combines traditional technical analysis, Smart Money concepts, and quantitative risk management to identify high-probability trading opportunities. Developed for traders seeking a structured and disciplined approach, this indicator provides precise signals with integrated risk management. **Developed by Silvio Deusdara** ## How the Visual Elements Work ### Main Visual Components **1. Entry Signals** - **Green Background**: Indicates confirmed buy signal when all conditions are met - **Red Background**: Indicates confirmed sell signal when all conditions are met - **Detailed Labels**: Appear on the chart showing complete information about each signal, including: - Entry price - Stop Loss - Take Profit levels (TP1, TP2, TP3) - Recommended position size - Suggested leverage - Current volatility regime - Fibonacci and Order Block confirmation **2. Order Blocks** - **Transparent Green Boxes**: Represent Bullish Order Blocks - areas where institutions placed significant buy orders - **Transparent Red Boxes**: Represent Bearish Order Blocks - areas where institutions placed significant sell orders - These boxes remain visible for a defined period (default: 50 bars) and are areas of interest for entries **3. Liquidity Zones** - **Horizontal Blue Lines**: Mark liquidity zones where traders' stops are concentrated - **Upper Line**: High liquidity zone - area where sellers' stops are positioned - **Lower Line**: Low liquidity zone - area where buyers' stops are positioned **4. Fibonacci Levels** - **Yellow/Orange Circles**: Mark the 0.618 Fibonacci levels (the most important for reversals) - **Yellow Level**: 0.618 Fibonacci for uptrend - **Orange Level**: 0.618 Fibonacci for downtrend **5. Pivots and Reversal Points** - **Red Triangles**: Mark pivot highs - potential reversal points to the downside - **Green Triangles**: Mark pivot lows - potential reversal points to the upside **6. Long-Term Trend** - **Blue Line**: Represents the 200-period moving average, indicating the long-term trend - Price above the line = uptrend - Price below the line = downtrend **7. Performance Table** - Located in the upper right corner of the chart - **Trend**: Shows the current direction (Up/Down/Sideways) with color coding - **Volatility**: Displays the current regime (High/Medium/Low) with color coding - **RSI**: Current value with color coding (red for overbought, green for oversold) - **ATR**: Current volatility value - **Kelly %**: Optimal percentage of capital to risk based on Kelly formula - **Vol Ratio**: Volatility as a percentage of price - **Fib 0.618**: Indicates if price is near the 0.618 Fibonacci level - **Order Block**: Indicates if there are active Order Blocks on the chart ## Setup Instructions 1. **Add the Indicator to Your Chart** - After adding the indicator, you'll see the visual elements appear on your chart 2. **Adjust Risk Parameters** - Set "Account Balance (USDT)" to your actual trading account size - Set "Risk per Trade (USDT)" to your desired risk amount per trade - Set "Maximum Account Risk (%)" to your risk tolerance (recommended: 5-10%) - Set "Historical Win Rate" to your actual win rate (if unknown, start with 0.50) 3. **Adjust Filter Settings** - Enable/disable filters based on your trading style: - Trend Filter: Recommended ON for trend following - Volatility Filter: Recommended ON for most markets - Session Filter: ON for stocks/forex, OFF for crypto - Macro Filter: Recommended ON for alignment with long-term trend - Fibonacci Filter: Recommended ON for better quality signals 4. **Customize Visual Settings** - Adjust colors for buy/sell signals and Order Blocks if needed - Enable/disable performance table based on preference 5. **Set Up Alerts** - Create alerts for Buy Signals, Sell Signals, and Trailing Stop hits - Use the pre-formatted alert messages for complete trade information ## How to Interpret the Visual Signals ### Buy Signals (Long) A valid buy signal occurs when: 1. The chart background turns green 2. A detailed label appears below the current candle 3. Price is near a bullish Order Block (green box) 4. The performance table shows an uptrend 5. Ideally, price is near the 0.618 Fibonacci level (yellow circle) ### Sell Signals (Short) A valid sell signal occurs when: 1. The chart background turns red 2. A detailed label appears above the current candle 3. Price is near a bearish Order Block (red box) 4. The performance table shows a downtrend 5. Ideally, price is near the 0.618 Fibonacci level (orange circle) ### Visual Risk Management - Labels show exactly where to place stop loss and take profits - Recommended position size is automatically calculated - Trailing stop is visualized when activated - Liquidity zones help identify areas where price may reverse ## Benefits of the Indicator - **Complete Approach**: Combines technical analysis, Smart Money, and risk management - **High-Quality Signals**: Multiple filters reduce false signals - **Integrated Risk Management**: Automatic position and stop loss calculations - **Clear Visualization**: Intuitive visual elements facilitate interpretation - **Adaptability**: Works in multiple markets and timeframes - **Alert System**: Notifications for entries, trailing stops, and approaching liquidity zones This indicator was developed for traders seeking a disciplined and evidence-based approach to the market, combining the best of traditional technical analysis with modern Smart Money concepts and quantitative risk management.
Pine Script® indicator
by sdeusdara