MINI_INDICE SCALPER 1MINCálculo próprio de agressão com confirmação via momentum, assertividade superior a 80% para 1min apenas, com stop de 50p, tp de 100p ou para acompanhamento de tendências: stop 50, trailing de 75 até alternar sinal
Não replica sinal, não repinta, trabalha com alternância
Candlestick analysis
EMA and SMA Crossover Strat.Jerrythick jerry
good good stuff
thick jerry
good good stuff
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good good stuff
thick jerry
good good stuff
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Aso Line v2This indicator generates buy and sell signals by analyzing volume and horizontal lines. Red and green zones are displayed on the chart.
・Red zone: indicates a short (sell) signal. When the price reaches this zone, consider a short position.
・Green zone: indicates a long (buy) signal. When the price reaches this zone, consider a long position.
This indicator uses a proprietary algorithm to analyze volume and horizontal lines to identify the best zones for trading. Specifically, we will explain and .
In addition, configuration options for using this indicator effectively will be explained. For example, there are parameters to adjust the width of the zone, the volume calculation period, and the type of horizontal line used. By adjusting these parameters, you can adapt to different market conditions and trading styles.
- The way this indicator works is to look for fractal highs or fractal lows on volume above a moving average of volume. This moving average can be changed in the settings for each time frame.
- Fractal highs are identified by three consecutive highs followed by two consecutive lows, and vice versa for fractal lows.
- A zone is created from the fractal high/low and the closing candlestick price for the selected time frame. The larger the zone, the more important it is.
- You can disable zones, change zones to show only lines, or change the color, transparency, and thickness of lines in all zones.
PALAlineer regresyon osilatörüdür. Osilatör, trendin gücünü ve yönünü belirleyerek aşırı alım ve aşırı satım noktalarını tespit eder. Gösterge, kullanıcıya görsel olarak AL/SAT sinyalleri ve iptal seviyeleri sunarak trend dönüşlerini daha kolay gözlemleme imkânı sağlar.
PALA göstergesi, trend yönelimlerini ve aşırı alım/satım noktalarını belirlemek için güçlü bir araç sunar. Kullanıcı girdilerine göre hesaplanan osilatör değeri, sıfır çizgisi geçişleriyle AL/SAT sinyalleri oluşturur. İptal fiyat seviyeleri ve uyarı sistemi, kullanıcıların trend dönüşlerine hızlı tepki vermesini sağlar. Gösterge, kullanıcıya görsel rehberlik sunarak doğru karar almasına destek olur.
Pala-Mezartaşı-Yusufcuk Doji ve Marubozu Tespit EdiciBelirli mum çubuğu formasyonlarını tespit etmek için kullanılır. Pala Doji, Mezartaşı Doji, Yusufcuk Doji ve Marubozu gibi önemli mum çubuğu formasyonlarını analiz ederek grafikte bu formasyonları işaretler. Ayrıca, görsel anlamda daha anlaşılır olması için arka plan renklendirmeleri ekler. Kodun ana işlevleri ve özellikleri şöyle açıklanabilir:
1. EMA Girdi Değişkeni
ema_input değişkeni, kullanılan EMA’nın (Üstel Hareketli Ortalama) periyodunu belirler ve varsayılan değeri 5'tir.
prev_p_1, ema_input periyoduna göre EMA değerini hesaplar ve Doji tespitinde referans olarak kullanılır.
2. Diğer Girdi Değişkenleri
Düşük/Yüksek Oranı (lowhigh_long_prop): Mumun düşük veya yüksek gölge uzunluk oranını belirlemek için kullanılır.
Gövde Oranı Boyutu (body_prop_size): Gövde uzunluğunu, yani açılış ve kapanış arasındaki farkın yüksekliğini belirlemeye yardımcı olur.
3. Doji Tespiti
Kod, Doji çubuklarını (Pala, Mezartaşı ve Yusufcuk) tespit etmek için belirli şartları kullanır:
Doji Yıldızı Yukarı (doji_star_up): Mum kapanışı EMA'nın altında ise, açılış ve kapanış fiyatı neredeyse eşit ise ve mumun üst ve alt gölgeleri belirli oranlar içindeyse yukarı yönlü bir Doji Yıldızı tespit edilir.
Doji Yıldızı Aşağı (doji_star_down): Mum kapanışı EMA'nın üzerinde ise ve diğer koşullar yukarı Doji ile aynı ise, aşağı yönlü bir Doji Yıldızı tespit edilir.
Mezartaşı Doji (doji_grave) ve Yusufcuk Doji (doji_yusufcuk) formasyonları, uzun gölge ve EMA ile olan ilişkilerine göre belirlenir:
Mezartaşı Doji: Mum kapanışı EMA'nın üzerindeyse, uzun üst gölge varsa ve belirli oranlara uyuyorsa bu formasyon tespit edilir.
Yusufcuk Doji: Mum kapanışı EMA'nın altında ise, uzun alt gölge varsa ve diğer şartlar uygunsa Yusufcuk Doji tespit edilir.
Kod, bu Doji formasyonları tespit edildiğinde grafikte yukarı ve aşağı yönlü üçgen simgeleri kullanarak gösterir.
4. Marubozu Tespit Algoritmaları
Marubozu Gövde Yüksekliği (maruBodyHeight): Marubozu formasyonunun minimum gövde yüksekliğini belirler (pips cinsinden).
Boğa Marubozu (bullMaru) ve Ayı Marubozu (bearMaru) formasyonları, mumun açılış ve kapanış fiyatlarına göre belirlenir:
Boğa Marubozu: Kapanış fiyatı açılış fiyatından yüksek ve kapanış en yüksek seviyedeyse, bu bir boğa (yükseliş) Marubozu olarak kabul edilir.
Ayı Marubozu: Kapanış fiyatı açılış fiyatından düşük ve kapanış en düşük seviyedeyse, bu bir ayı (düşüş) Marubozu olarak kabul edilir.
Bu formasyonlar tespit edildiğinde grafikte yeşil ve kırmızı üçgen simgeleri ile gösterilir.
5. Görsel İyileştirmeler (Arka Plan Renkleri)
Tespit edilen her formasyon için grafikte daha belirgin bir gösterim sağlamak amacıyla arka plan renklendirmesi yapılır:
Yukarı yönlü Doji için yeşil, aşağı yönlü Doji için kırmızı arka plan rengi atanır.
Mezartaşı Doji için kırmızı, Yusufcuk Doji için yeşil arka plan uygulanır.
Boğa Marubozu için mavi, Ayı Marubozu için turuncu arka plan rengi atanır.
Özet
Bu gösterge, çeşitli Doji ve Marubozu formasyonlarını tanımlayarak grafik üzerinde işaretlemeler yapar. Bu, yatırımcılara formasyon bazlı analizlerde hızlı görsel bilgi sağlayarak piyasa yönelimlerini anlamalarında yardımcı olur.
Çekiç ve Ters ÇekiçBu gösterge, çekiç ve ters çekiç formasyonlarını tespit eder ve grafik üzerinde gösterir ve aynı zamanda kullanıcıya uyarı gönderir.
ABSolytniy Sessionshis is improved and updated to PineScript v5 version of SESSIONS ASIA, LONDON, NY COLORED USED FOR GMT+2 indicator by vaidas.maldzius1995 that is originally shows session timezones and overlaps and used strict for GMT+2 time zone but I have added Frankfurt session and timezone changer, so you can use it from different time zone.
Default sessions settings is for Kyiv (GMT+2):
- Asia 1:00-9:00
- Frankfurt 9:00-10:00 (kill zone)
- London 10:00-19:00
- New York 15:00-1:00
Macros by TradeHubICT Macros by TradeHub
Time periods in which the price is most volatile. At this time, the algorithm is programmed to attack liquidity or fill a significant FVG from which the OF can continue.
Plots of macros:
1. London Macros:
02:33 - 03:00
04:03 - 04:30
2. New York AM Macros:
08:50 - 09:10
09:50 - 10:10
10:50 - 11:10
3. New York Lunch + PM Macros:
11:50 - 12:10
13:10 - 13:40
15:15 - 15:45
Features:
Flexible line settings
Flexible text settings
Display data for all time or for the last 24 hours
Switch for each type of macro
Macro background color settings
The indicator shows the end of the macro immediately
BTX27-MAXIndicator Description: BTX27-MAX
The BTX27-MAX is a comprehensive trading indicator designed to provide traders with customizable signals and alerts based on RSI and ATR calculations. It offers both automatic and manual configurations, making it adaptable to various currency pairs and trading styles. The indicator integrates with Telegram for real-time alerts and includes features for trade management and performance tracking.
Key Features:
Customizable Color Themes: Choose between Dark and Light color styles to match your chart preferences.
Automatic or Manual Configuration: Automatically sets optimal parameters for selected currency pairs or allows manual input for personalized settings.
RSI and ATR-Based Signals: Utilizes RSI smoothing and ATR calculations to identify potential trading opportunities.
Automatic SL and TP Levels: Projects customizable Stop-Loss and Take-Profit levels directly on the chart.
Telegram Integration: Sends customized buy or sell alerts with trade details to your Telegram channel.
Day and Time Filters: Allows selection of trading days and specific trading hours for signal generation.
Trade Summary Table: Displays the results of the last three trades (Win/Loss) directly on the chart.
Customizable Alert Messages: Personalize the messages sent to Telegram for both buy and sell signals.
Visual Enhancements: Colors candles based on trend direction and highlights the trading session on the chart.
How Does the Indicator Work?
Color Style Selection:
- Choose between "Dark" or "Light" themes to match your chart setup.
Currency Pair Selection:
- Select from predefined currency pairs: "EURUSD M5", "USDCAD M3", "GBPUSD M9", "XAUUSD M9".
Automatic vs. Manual Configuration:
- Automatic Configuration: When enabled, the indicator automatically sets parameters optimized for the selected currency pair.
- Manual Configuration: Allows you to input your own parameters for RSI period, smoothing factor, liquidity factors, and SL/TP ticks.
Telegram Integration:
- Input your Telegram chat ID to receive real-time alerts when signals are generated.
Trading Days and Hours:
- Customize which days of the week you want to receive signals.
- Set specific trading start and end hours to focus on preferred trading sessions.
Indicator Calculations:
- Calculates RSI and applies smoothing to identify the trend.
- Uses ATR for volatility measurement and to set dynamic liquidity bands.
Signal Generation:
- A Buy Signal is generated when specific RSI and ATR conditions are met.
- A Sell Signal is generated under the opposite conditions.
- Signals are only generated during the specified trading days and hours.
Trade Execution Visuals:
- Automatically draws SL and TP boxes on the chart for each signal.
- Colors candles based on trend direction: bullish, bearish, or neutral.
Telegram Alerts:
- Sends customized messages to your Telegram channel, including trade details like entry price, SL, TP, volatility, and trend direction.
Trade Summary Table:
- Displays the results of the last three trades ("✅ TP" for Take Profit hit, "❌ SL" for Stop Loss hit) on the chart.
How to Use the Indicator?
Setup:
- Add the indicator to your TradingView chart.
- Choose your preferred Color Style (Dark or Light).
- Select the Currency Pair you are trading.
- Decide whether to use Automatic Configuration or input your own settings.
Configure Telegram Alerts:
- Input your Telegram Chat ID to receive alerts.
- Customize the Buy and Sell alert messages if desired.
Set Trading Days and Hours:
- Enable or disable trading on specific days of the week.
- Set your preferred trading session hours.
Monitor Signals:
- Watch for buy or sell labels appearing on the chart.
- Use the SL and TP boxes to plan your trade entries and exits.
Review Trade Performance:
- Check the trade summary table to see the outcomes of recent trades.
What Makes This Indicator Original?
Adaptable Configuration: Offers both automatic and manual settings, making it suitable for traders of all levels and various trading instruments.
Comprehensive Alerts: Provides detailed alerts via Telegram, including custom messages and comprehensive trade information.
Trade Management Tools: Automatically calculates and visualizes SL and TP levels, aiding in effective risk management.
Performance Tracking: Includes an on-chart summary of recent trade results, helping traders assess the indicator's effectiveness over time.
Visual Customization: Enhances chart visuals with color themes, candle coloring, and trading session highlights.
Additional Considerations
Testing and Optimization: Before using the indicator in live trading, test it in a demo account and adjust settings as needed.
Complementary Analysis: Use in conjunction with other technical or fundamental analysis tools to confirm signals.
Risk Management: Ensure that the automatically calculated SL and TP levels align with your risk tolerance and trading strategy.
Market Awareness: Stay informed about economic events that may impact the instruments you are trading.
Example Configuration
Assuming you are trading "EURUSD M5" with Automatic Configuration enabled:
RSI Period: 15
RSI Smoothing Factor: 14
Rapid Liquidity Factor: 2.238
Liquidity Threshold: 15
SL Ticks: 100
TP Ticks: 300
Trading Days: Tuesday, Wednesday, Thursday
Trading Hours: Start at 8:00, End at 10:00
Telegram Chat ID: Your unique Telegram chat ID
Conclusion
The BTX27-MAX indicator is a versatile tool that combines technical analysis with automated trade management and alerting features. Its adaptability through automatic and manual configurations makes it suitable for a wide range of trading styles and instruments. By integrating real-time Telegram alerts and providing on-chart visual aids, it enhances decision-making processes and helps traders manage their trades more effectively.
Ready for immediate use in TradingView, this indicator can be a valuable addition to your trading toolkit.
SX SR & MomentumThis script is a custom technical indicator for TradingView called "SX SR & Momentum" which combines support/resistance levels with enhanced momentum oscillation and a stochastic RSI. Here’s a breakdown of the script’s main components:
1. Core Calculations and Utility Functions
Stochastic RSI: Combines RSI and stochastic calculations, creating a smoothed stochastic signal for overbought and oversold levels.
Ehlers Super Smoother Filter: Smooths the stochastic output, reducing noise for a clearer trend.
Momentum Calculation: This momentum oscillator uses the difference between two exponential moving averages (EMAs) to signal positive or negative trends.
2. Input Parameters
Customizable inputs for:
Smoothing values for K and D lines in the stochastic RSI.
RSI length and stochastic length.
Choice of a higher timeframe for the momentum oscillator (default: 240 min).
3. Plotting and Visual Enhancements
Stochastic RSI: Plots K and D lines, colored for easy visualization, with overbought and oversold levels.
Momentum Histogram: Plots a momentum oscillator with a 3D and glow effect for visual emphasis.
Positive values are shown in green shades, and negative values in red shades, with a subtle glow effect to highlight stronger trends.
Gradient Background: The overbought/oversold zones are visually enhanced with gradient backgrounds.
4. Timeframe Adjustment for Momentum Oscillator
The script allows users to select a timeframe specifically for the momentum oscillator, enabling multi-timeframe analysis directly on the chart.
This indicator could be useful for identifying momentum shifts, support and resistance levels, and potential overbought/oversold conditions with improved readability. The 3D and glow effects add a unique visual dimension, making it easier to interpret changes in momentum at a glance.
BB MTF FVGs & First PresentedBB MTF FVGs with First Presented FVG Highlight
The BB MTF FVGs with First Presented FVG Highlight indicator is an advanced trading tool designed to help users identify and monitor Fair Value Gaps (FVGs) across multiple timeframes, offering traders deep insight into market structure and liquidity imbalances. With the ability to track up to three distinct timeframes (e.g., 1-minute, 1-hour, and 1-day), this indicator provides a comprehensive multi-level perspective, helping traders recognize critical support and resistance areas based on liquidity gaps. Additionally, it highlights the first FVG that presents after a specific time each day, making it especially useful for traders who prioritize session starts or key time-based market activity.
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Key Features
1. Multi-Timeframe FVG Detection on Three Levels:
• Track FVGs on three user-defined timeframes for a robust view of liquidity gaps across intraday, intermediate, and higher timeframes. For instance, you could set up 1-minute, 1-hour, and 1-day timeframes to capture the market’s behavior from granular intraday action to daily structural gaps. Each timeframe is fully customizable, and users can enable or disable individual levels as needed.
2. Price Action-Driven FVG Status Analysis:
• The indicator continuously monitors price action to assess the state of each FVG. FVGs are dynamically styled based on their status:
• Untouched: FVGs with solid borders indicate that price has not yet traded into the gap.
• Mitigated: If price partially fills or “mitigates” an FVG, its borders turn dotted, providing visual feedback that the gap has seen some interaction.
• Inverted: When an FVG is fully invalidated by price moving completely through it, the border is removed, signaling the inversion. This real-time analysis gives traders instant feedback on the status of each FVG, helping them quickly assess active, mitigated, or invalidated zones.
3. Highlighting the First FVG After a Specified Time:
• A unique feature that highlights the first FVG presented after a specified time (e.g., 9:30 AM) each day, making it easy for traders to focus on session-based FVGs that could impact market direction. This feature is especially valuable for those tracking the opening range or specific session periods.
4. Configurable FVG Extension Options:
• The indicator offers flexible settings to control how long each FVG remains extended across the chart. Users can choose to extend until the first mitigation, until full mitigation, until inversion, or opt for no extension. This allows traders to adjust FVG visibility duration based on their strategy and trading style.
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Customizable User Inputs
The BB MTF FVGs with First Presented FVG Highlight indicator includes various customization options for a personalized experience:
• Three Configurable Timeframes for FVG Tracking:
• Timeframe 1: Primary timeframe, like 1 minute, to capture short-term gaps.
• Timeframe 2: Secondary timeframe, such as 1 hour, to observe intraday market structure.
• Timeframe 3: Higher timeframe, like 1 day, to track major gaps with a longer-term impact. Each timeframe is independently customizable, allowing users to tailor their multi-timeframe FVG setup to fit their trading approach.
• Session-Based First FVG Highlighting:
• Highlight Type: Select whether to highlight only the first FVG presented after the defined time, display it with other FVGs, or turn off the highlight feature.
• Start and End Time for First Highlighted FVG: Specify the start and end time (e.g., 9:30 AM to 10:30 AM) for highlighting the first FVG, enabling a session-focused approach.
• Plotting Control for Forming FVGs:
• Forming FVG Display: Enable or disable forming FVGs for each timeframe, allowing traders to track potential gaps as they start to appear before confirmation.
• Color and Style Customization:
• FVG Colors: Define colors for long and short FVGs on each timeframe for visual clarity. Additionally, set the highlight color for the first FVG to make it stand out.
• Border Styling Based on FVG Status: The indicator’s dynamic border styling provides a clear visual status for each FVG:
• Solid borders for untouched FVGs.
• Dotted borders for mitigated FVGs.
• Borderless display for inverted FVGs.
• Flexible FVG Extension Duration:
• Choose the extension behavior for FVGs based on preferred criteria: extending until first mitigation, keeping them until fully mitigated, extending until inversion, or selecting no extension. This flexibility is ideal for traders who want to adapt FVG visibility to specific conditions.
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Technical Details
This indicator leverages precise, real-time calculations to monitor price interactions with each FVG, ensuring clarity and accuracy across multiple timeframes without duplicate or redundant displays. It offers traders a powerful way to track liquidity gaps at various market levels with the added benefit of immediate visual feedback on gap status.
Dynamic Linear CandlesDynamic Linear Candles is a unique and versatile indicator that reimagines traditional candlestick patterns by integrating customizable moving averages directly into candle structures. This dynamic approach smooths the appearance of candlesticks to better highlight trends and suppress minor market noise, allowing traders to focus on essential price movements.
Key Features:
1. Dynamic Candle Smoothing: Choose between popular smoothing types (SMA, EMA, WMA, HMA) to apply directly to each candle’s Open, High, Low, and Close values. This adaptive smoothing reveals hidden trends by refining price action into simplified, flowing candles, ideal for spotting subtle changes in market sentiment.
2. Signal Line Overlay: The signal line provides an additional layer of trend confirmation. Select from SMA, EMA, WMA, or HMA smoothing to match your trading style. The line dynamically changes color based on the price’s relative position, helping traders quickly identify bullish or bearish shifts.
3. Enhanced Candle Visualization: Candles adjust in color and opacity based on bullish or bearish trends, providing immediate visual cues about market momentum. The customized color and opacity settings allow for clearer distinction, especially in noisy markets.
Why This Combination?
This script is more than just an aesthetic adjustment; it’s a purposeful combination of moving averages and candle smoothing designed to enhance readability and actionable insights. Traditional candles often suffer from excessive noise in volatile markets, and this mashup addresses that by creating a smooth, flowing chart that adapts to the underlying trend. The Signal Line adds confirmation, acting as a filter for potential entries and exits. Together, these elements serve as a concise toolset for traders aiming to capture trend-based opportunities with clarity and precision.
SMC StrategyThis Pine Script strategy is based on Smart Money Concepts (SMC), designed for TradingView. Here's a brief summary of what the script does:
1. Swing High and Low Calculation: It identifies recent swing highs and lows, which are used to define key zones.
2. Equilibrium, Premium, and Discount Zones:
- Equilibrium is the midpoint between the swing high and low.
- Premium Zone is above the equilibrium, indicating a potential resistance area (sell zone).
- Discount Zone is below the equilibrium, indicating a potential support area (buy zone).
3. Simple Moving Average (SMA): It uses a 50-period SMA to determine the trend direction. If the price is above the SMA, the trend is bullish; if it's below, the trend is bearish.
4. Buy and Sell Signals:
- Buy Signal: Generated when the price is in the discount zone and above the equilibrium, with the price also above the SMA.
- Sell Signal: Triggered when the price is in the premium zone and below the equilibrium, with the price also below the SMA.
5. Order Blocks: It detects basic order blocks by identifying the highest high and lowest low within the last 20 bars. These levels help confirm the buy and sell signals.
6. Liquidity Zones: It marks the swing high and low as potential liquidity zones, indicating where price may reverse due to institutional players' activity.
The strategy then executes trades based on these signals, plotting buy and sell markers on the chart and showing the key levels (zones) and trend direction.
Adrian wicksThe "test 24" indicator helps identify potential reversal points based on wick and body size criteria, offering users insight into bullish and bearish wick-based reversals. It is designed for traders looking to catch early reversal signals by examining candlestick wicks in both upward and downward market trends.
Key Features:
Bullish Wick Reversal: A signal appears when a long lower wick and small upper wick hint at buying pressure. This can indicate a potential bullish reversal if the current candle meets defined wick and body criteria.
Bearish Wick Reversal: Conversely, a signal appears for a bearish wick reversal when there is a long upper wick and small lower wick, suggesting selling pressure and potential bearish continuation.
Dynamic Customization:
Wick Multiplier: Controls the relative length of wicks compared to the candle body, allowing users to fine-tune wick sensitivity for signals.
Body Percentage: Determines the size of the body in relation to the overall candle, helping to filter out weak reversals.
Show Labels: Enables "Valid Signal" labels (VS and VL) on the chart for enhanced visual tracking of valid long and short entries.
Alerts:
Entry Long and Entry Short Alerts: Receive notifications when valid long or short entry conditions are met, enabling prompt decision-making.
Visuals:
Triangles on Chart: Green triangles for bullish wick reversal signals below bars, and red triangles for bearish wick reversals above bars.
This indicator is especially useful for traders focused on identifying quick reversals by observing wick formations, providing flexibility with customizable parameters to suit various trading styles.
Hourly Breakout & Multi-Timeframe High/Low Indicator withDescription:
This indicator combines powerful breakout and multi-timeframe analysis features, allowing traders to visualize key support and resistance levels across various timeframes (daily, weekly, monthly, hourly, and 4-hour highs and lows). It also dynamically colors candles based on hourly breakout conditions, making it easy to spot significant price movements and potential trading signals.
Key Features:
Customizable Multi-Timeframe High/Low Levels:
Displays previous and current high/low levels for daily, weekly, and monthly timeframes, as well as previous hourly and 4-hour highs and lows.
Each timeframe’s high/low lines are color-coded and can be toggled on or off based on user preference.
Hourly Breakout Candle Coloring:
Candle colors change when the hourly close breaks above or below the previous day's high or low, visually indicating important breakout conditions.
User-configurable colors for candles that close above or below these breakout levels make this indicator highly customizable.
Dynamic Line Plotting:
Automatically updates and plots dotted lines for the previous day’s high and low levels, providing consistent visual cues for key support and resistance.
This indicator is ideal for intraday and swing traders who want to keep an eye on important breakout levels and multi-timeframe support and resistance zones, all in one convenient tool. Whether you're trading trends, breakouts, or reversals, this indicator helps enhance decision-making with clear, color-coded signals and adaptable settings.
3AM EST CRT Indicator3AM EST Candle Range Theory Indicator
The 3AM EST Candle Range Theory Indicator is designed to highlight a crucial period in the trading day for Forex and other markets that operate 24/7. This indicator focuses on the 3AM EST candle, which represents the early hours of the U.S. market morning and the midpoint of the European trading session. During this period, volatility often picks up, and the 3AM candle can serve as a powerful reference point for price action throughout the day.
Key Features of the Indicator
3AM Candle Highlighting: The 3AM candle is automatically highlighted in blue, making it easy to spot on the chart. This helps traders quickly identify this pivotal candle without manually searching for it.
Range Lines: The high and low of the 3AM candle are marked by black lines extending across the day. These levels often act as support and resistance, influencing price movement throughout the trading session. Observing how the price interacts with these levels can provide insights into potential breakouts, reversals, or consolidations.
Labels: The high of the 3AM candle is labeled as "3am CRH" (Candle Range High) and the low as "3am CRL" (Candle Range Low). These labels serve as visual cues for traders, reinforcing the importance of these levels on the chart.
How to Use the 3AM EST Candle Range Indicator
Support and Resistance: The high and low of the 3AM candle often serve as strong intraday support and resistance levels. Traders can observe if the price respects or breaks these levels to make decisions about potential entries and exits.
Breakout Trading: If the price breaks above the 3am high (CRH), it can signal bullish momentum, especially when accompanied by increased volume. Conversely, a break below the 3am low (CRL) may indicate bearish momentum. These breakouts can provide potential trade opportunities.
Reversals and Continuations: Often, price will test and reject one of these levels, creating an opportunity for reversal trades. If the price re-enters the 3AM candle range after breaking out, it could signal a potential continuation back into the original trend.
Session Range Guidance: Since the 3AM candle encapsulates both the early U.S. and active European sessions, it often provides a strong reference for the range and sentiment in the early trading hours. The 3AM range can give a sense of market direction and volatility for the day.
Benefits
Clear Visual Cues: The blue candle highlight, black lines, and labels make this indicator visually intuitive and easy to understand at a glance.
Useful Across Market Conditions: Whether markets are trending or ranging, the 3AM high and low can serve as reliable reference points for intraday support and resistance.
Applicable to Various Strategies: This indicator can enhance a variety of trading strategies, including breakout, range trading, and trend-following.
Summary
The 3AM EST Candle Range Theory Indicator provides traders with a reliable way to gauge intraday price levels based on the 3AM EST candle. By observing how the price interacts with the high and low of this candle, traders can gain insights into potential support, resistance, and breakout points. This can be particularly useful for short-term traders looking to capitalize on intraday volatility or longer-term traders seeking reference points for daily price action analysis.
Slope Based DivergencesThis is an interesting take on divergences.
Most divergence indicators identify divergences by identifying two points within some look back period on an oscillator and two points on the price chart and if the slope of those two points are going in opposing directions than a divergence is identified
This take a different approach. This looks at the slope of the price and the oscillator over multiple points within the look back period and averages those slopes to get a more comprehensive value. A divergence isn't just two points, it is also everything that happened in-between those two points.
From there is compares the averages of the oscillator slope and the price slope and looks for extremes.
The default value for the extremes are 90 and 10 but some oscillators might need to be 99.99 and 0.01 or maybe 70 30. the smoothening of the oscillator you decide those values.
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.
Average Up and Down Candles Streak with Predicted Next CandleThis indicator is designed to analyze price trends by examining the patterns of up and down streaks (consecutive bullish or bearish candles) over a defined period. It uses this data to provide insights on whether the next candle is likely to be bullish or bearish, and it visually displays relevant information on the chart.
Here’s a breakdown of what the indicator does:
1. Inputs and Parameters
Period (Candles): Defines the number of candles used to calculate the average length of bullish and bearish streaks. For example, if the period is set to 20, the indicator will analyze the past 20 candles to determine average up and down streak lengths.
Bullish/Bearish Bias Signal Toggle: These options allow users to show or hide visual signals (green or red circles) when there’s a bullish or bearish bias in the trend based on the indicator’s calculations.
2. Streak Calculation
The indicator looks at each candle within the period to identify if it closed up (bullish) or down (bearish).
Up Streak: The indicator counts consecutive bullish candles. When there’s a bearish candle, it resets the up streak count.
Down Streak: Similarly, it counts consecutive bearish candles and resets when a bullish candle appears.
Averages: Over the defined period, the indicator calculates the average length of up streaks and average length of down streaks. This provides a baseline to assess whether the current streak is typical or extended.
3. Current and Average Streak Display
The indicator displays the current up and down streak lengths alongside the average streak lengths for comparison. This data appears in a table on the chart, allowing you to see at a glance:
The current streak length (for both up and down trends)
The average streak length for up and down trends over the chosen period
4. Trend Prediction for the Next Candle
Next Candle Prediction: Based on the current streak and its comparison to the average, the indicator predicts the likely direction of the next candle:
Bullish: If the current up streak is shorter than the average up streak, suggesting that the bullish trend could continue.
Bearish: If the current down streak is shorter than the average down streak, indicating that the bearish trend may continue.
Neutral: If the current streak length is near the average, which could signal an upcoming reversal.
This prediction appears in a table on the chart, labeled as “Next Candle.”
5. Previous Candle Analysis
The Previous Candle entry in the table reflects the last completed candle (directly before the current candle) to show whether it was bullish, bearish, or neutral.
This data gives a reference point for recent price action and helps validate the next candle prediction.
6. Visual Signals and Reversal Zones
Bullish/Bearish Bias Signals: The indicator can plot green circles on bullish bias and red circles on bearish bias to highlight points where the trend is likely to continue.
Reversal Zones: If the current streak length reaches or exceeds the average, it suggests the trend may be overextended, indicating a potential reversal zone. The indicator highlights these zones with shaded backgrounds (green for possible bullish reversal, red for bearish) on the chart.
Summary of What You See on the Chart
Bullish and Bearish Bias Signals: Green or red circles mark areas of expected continuation in the trend.
Reversal Zones: Shaded areas in red or green suggest that the trend might be about to reverse.
Tables:
The Next Candle prediction table displays the trend direction of the previous candle and the likely trend of the next candle.
The Streak Information table shows the current up and down streak lengths, along with their averages for easy comparison.
Practical Use
This indicator is helpful for traders aiming to understand trend momentum and potential reversals based on historical patterns. It’s particularly useful for swing trading, where knowing the typical length of bullish or bearish trends can help in timing entries and exits.
Pritesh-Intraday This script is a customized TradingView indicator designed to identify potential intraday buy and sell opportunities using a combination of technical indicators and filters to enhance signal quality. It leverages multiple parameters and timeframes to assess market momentum, trend strength, and volume conditions, aiming to capture price swings during the day. Key features include:
1. **Multi-Timeframe Analysis**: Core signals, such as RSI, SMA, EMA, and ADX, are calculated on a 5-minute timeframe to enhance short-term trend detection.
2. **RSI and ADX Conditions**: Buy signals are generated when the short-term moving average is above the long-term moving average, the RSI is over 60, and ADX exceeds a set threshold, indicating a strong upward trend. Sell signals follow the opposite conditions with a lower RSI threshold. This combination helps validate signal strength based on price momentum.
3. **Stochastic and Volume Filters**: Optional volume and stochastic filters reduce noise by checking for high-volume conditions and avoiding overbought/oversold levels, making signals more reliable.
4. **Trend Confirmation with EMA**: A long-term EMA filter aligns entries with the prevailing trend, minimizing counter-trend signals and improving signal accuracy in trending markets.
5. **In-Position State Management**: The indicator tracks whether it’s currently "in position," ensuring that only one active signal—either buy or sell—is followed at a time, with appropriate exit conditions for each position.
6. **Custom Exit Logic**: Exit points for buy and sell positions are triggered by a trend reversal, declining RSI, or stochastic levels, optimizing the entry and exit timing for each trade.
7. **Visual Signals and Plotting**: The script includes buy and sell markers, along with the plotted short- and long-term SMAs, EMA, ADX, and stochastic levels, allowing easy visual confirmation of conditions and signal points on the chart.
