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X HL QA market structure tool designed to frame price action within a defined context of prior session dynamics. It accomplishes this by anchoring a set of reference levels to the high, low, and open prices of a user-specified higher timeframe (e.g., 4H, 1D, etc.) and projecting those levels onto the current chart for ongoing analysis. At its core, the indicator establishes a reference range—derived from the previous completed instance of the selected timeframe—and overlays this on the current timeframe. This range serves as a foundational structure for price interpretation in the current session. Building upon this framework, the script constructs a set of symmetrical quadrants (or deviation zones) both inside and outside of the prior range. These include: The midpoint (EQ) of the prior range Levels at ±0.25x, ±0.75x, ±1.0x, ±1.5x, and ±2.0x the range height These levels act as contextual zones that traders can use to interpret price behavior—whether it's consolidating within the prior range, approaching fair value (EQ), or expanding into directional continuation or reversal zones beyond the range. The script operates in both real-time and historical contexts. On live bars, it dynamically updates the key levels to provide an evolving view of current price positioning. Simultaneously, it supports the display of historical levels for past sessions, enabling robust backtesting and comparative analysis of price behavior relative to previous quadrant structures. Ultimately, this tool serves as a positional map, helping traders assess where price is trading relative to significant levels from the prior session, offering insights into potential support/resistance, overextension, or mean reversion scenarios. Key Technical Features Multi-Timeframe Support: request.security() is used to pull data from a user-defined higher timeframe regardless of the current chart interval. Visual Flexibility: Toggle between "line" and "channel" mode. Line color, width, and visibility are all user-controlled. Anchoring Options: Deviation levels can be calculated from either the previous period's open or its EQ (midpoint), giving flexibility depending on analytical preference. Efficient Labeling: Labels are only rendered on the last bar and are automatically cleared and redrawn to prevent duplication. Label style, size, text color, and background color are all user-configurable. Trading Application This indicator is especially suited for: 1. Mean Reversion Strategies When price moves beyond +1.0 or +1.5 deviations from the EQ or open, it may signal overextension and a potential snap back to the midpoint or range. 2. Breakout Confirmation Sustained price action beyond ±1.0 levels may indicate trend strength or continuation beyond historical balance zones. 3. Contextual Range Awareness EQ and Open provide structure from which traders can judge whether price is in a state of balance or imbalance. Labels offer at-a-glance interpretation of key levels across any chosen timeframe. 4. Fractal and Multi-Session Analysis Analysts can layer daily, weekly, and monthly versions of this indicator to observe confluence or divergence of higher timeframe structure.
Pine Script® indicator
by KinetiCapital
Clean Day Separator (Vertical Only)Clean Day Separator (Vertical Only) is a minimalist indicator for traders who value clarity and structure on their charts. This tool draws: ✅ Vertical dashed lines at the start of each new day ✅ Optional day-of-week labels (Monday, Tuesday, etc.) It’s designed specifically for clean chart lovers — no horizontal lines, no boxes, just what you need to mark time and keep your focus. Perfect for: Intraday traders who track market rhythm Price action purists Anyone who wants to reduce visual noise Customizable settings: Toggle day labels on/off Choose line and text colors Set label size to match your chart style
Pine Script® indicator
by DeUnprecedented
EMA by HAWKLOVEWINEThis script, "EMA by HAWKLOVEWINE", is a customizable multi-EMA (Exponential Moving Average) overlay tool designed to help traders visualize trend strength and direction across multiple timeframes. It features four EMAs with fully adjustable lengths—defaulted to 20, 50, 100, and 200 periods. Each EMA can be individually toggled on or off and assigned a custom color to suit your visual preferences. Users can also select the price source used for EMA calculation, including close, hl2, ohlc4, and a custom average hloc4. This allows for enhanced flexibility in adapting the indicator to different trading styles and asset types. Ideal for identifying support and resistance zones, confirming price momentum, or spotting trend crossovers, this EMA script serves both novice and experienced traders alike. Clean, lightweight, and fully customizable, it fits seamlessly into your technical analysis workflow. Use it as a standalone trend tool or as part of a more comprehensive strategy.
Pine Script® indicator
by HAWKLOVEWINE
4H Crypto System – EMAs + MACD//@version=5 indicator("4H Crypto System – EMAs + MACD", overlay=true) // EMAs ema21 = ta.ema(close, 21) ema50 = ta.ema(close, 50) ema200 = ta.ema(close, 200) // MACD Settings (standard) fastLength = 12 slowLength = 26 signalLength = 9 = ta.macd(close, fastLength, slowLength, signalLength) // Plot EMAs plot(ema21, title="EMA 21", color=color.orange, linewidth=1) plot(ema50, title="EMA 50", color=color.blue, linewidth=1) plot(ema200, title="EMA 200", color=color.purple, linewidth=1) // Candle coloring based on MACD trend macdBull = macdLine > signalLine barcolor(macdBull ? color.new(color.green, 0) : color.new(color.red, 0)) // Buy/Sell signal conditions buySignal = ta.crossover(macdLine, signalLine) and close > ema21 and close > ema50 and close > ema200 sellSignal = ta.crossunder(macdLine, signalLine) and close < ema21 and close < ema50 and close < ema200 // Alerts alertcondition(buySignal, title="Buy Alert", message="Buy Signal: MACD bullish crossover and price above EMAs") alertcondition(sellSignal, title="Sell Alert", message="Sell Signal: MACD bearish crossover and price below EMAs")
Pine Script® indicator
by ryanwallaceukmusic
ZY Legend StrategyThe ZY Legend Strategy indicator closely follows the trend of the parity. It produces trading signals in candles where the necessary conditions are met and clearly shows these signals on the chart. Although it was produced for the scalp trade strategy, it works effectively in all time frames. 'DEAD PARITY' signals indicate that healthy signals cannot be generated for the relevant parity due to shallow ATR. It is not recommended to trade on parities where this signal appears.
Pine Script® indicator
by zekeriyayaman20
Step 1: Draw Thursday HighScript Description: Thursday High Marker This is an automated charting tool designed to identify the high of each Thursday and display it as a key reference level for future trading sessions. Core Functionality: The script's logic is simple and precise. It waits for the trading session on Thursday to complete. At the very beginning of Friday, it looks back, finds the highest price from Thursday, and draws a clean, white horizontal line at that level. Key Features: Automatic: You don't need to do anything. The script finds and draws the level on its own every week. Forward-Looking: The line extends to the right indefinitely, allowing you to see how future price action interacts with this key level. Self-Cleaning: To keep your chart uncluttered, the script automatically deletes the previous week's line when it draws the new one. Lightweight: It performs a single, simple task, so it doesn't slow down your chart. Purpose in Trading: Traders use this kind of indicator to track significant weekly price points. The high of a late-week session like Thursday is often considered an important liquidity level. A break above this line can signal bullish strength or a "liquidity sweep," making it a valuable point of interest for making trading decisions on Friday and into the following week.
Pine Script® indicator
by freshfromkenneth
EMA 9 & 150 Cross Arrow//@version=5 indicator("EMA 9 & 150 Cross Arrow", overlay=true) // Input EMAs emaShort = ta.ema(close, 9) emaLong = ta.ema(close, 150) // Detect Crosses bullishCross = ta.crossover(emaShort, emaLong) bearishCross = ta.crossunder(emaShort, emaLong) // Plot EMAs plot(emaShort, color=color.green, title="EMA 9") plot(emaLong, color=color.red, title="EMA 150") // Plot Arrows plotshape(bullishCross, title="Bullish Cross", location=location.belowbar, color=color.green, style=shape.arrowup, size=size.small) plotshape(bearishCross, title="Bearish Cross", location=location.abovebar, color=color.red, style=shape.arrowdown, size=size.small)
Pine Script® indicator
by thought_eng
4-Bar Reversal Pattern📌 Title: 4-Bar Reversal Pattern — Multi-Candle Signal Detector 📄 Description: The 4-Bar Reversal Pattern indicator is a powerful price action tool designed to detect significant market reversal signals based solely on candle structure — no moving averages or indicators involved. 🔍 What it does: Identifies a unique 4-candle reversal setup: Long Setup: After 3 consecutive bearish candles, a bullish candle breaks the range (higher high + lower low than the previous bar). Short Setup: After 3 consecutive bullish candles, a bearish candle breaks the range (lower low + higher high than the previous bar). Confirms signals only when the current candle closes, increasing signal reliability. Displays visual labels ("BUY"/"SELL") directly on the chart. Triggers alerts for long and short setups. Includes a generic alert option to notify whenever any signal is detected (can be toggled on/off). ⚙️ Customizable Inputs: Enable/disable generic alert This indicator is ideal for: Traders looking for clean, mechanical setups Price action enthusiasts Those who trade without lagging indicators Use it on any timeframe, and combine it with your own filters (RSI, support/resistance, etc.) to refine entries. Indicator born following the viewing of the following video: www.youtube.com
Pine Script® indicator
by Giancarlo_Adorno
Turtle Strategy Pullback EntryThis strategy, titled “Turtle Strategy Pullback Entry”, is a trend-following system designed to capture breakouts more efficiently by entering after a slight pullback. Instead of buying immediately when the price breaks the 20-day high, the strategy waits for the price to pull back by 1% below that high, offering a better entry point and reducing the chances of false breakouts. Once the pullback level is reached, a long position is initiated. The trade is then managed using three exit conditions: it will close if the price drops 1.4% below the entry (acting as a stop loss), if the price rises 1.8% above the entry (taking profit), or if the price closes below the 20-day low, which serves as a trend invalidation signal. The position size is based on 100% of the equity by default, and the chart visually shows the 20-day high, low, and pullback level along with a green background when a position is active. This approach helps traders ride strong trends while avoiding premature entries, making it suitable for swing or position trading across stocks, forex, or crypto markets.
Pine Script® strategy
by sarthakssan71
配對交易waynecoin製作2原始策略邏輯 只要zScore大於某個值（如2）就做空ETH做多BTC 只要zScore小於某個值（如-2）就做多ETH做空BTC 但這種方式有時訊號太多、容易假突破、勝率不穩定 優化邏輯目標 1. 降低訊號頻率，過濾掉沒意義的雜訊交易 2. 等到「明顯極端」再動手，讓每一單都更有「均值回歸」的機會 3. 進場後，避免被盤整來回洗掉，強制休息一段時間（冷卻期）再考慮下一單 1. 「極端區才做」：提高入場門檻 以前你設定zScore>2或<-2就進場，這個「門檻」容易被雜訊觸發。 優化方式：把門檻拉高（例如2.5或3），訊號只會在「非常極端」的狀態下才出現，減少亂進場。 2. 「回歸動能確認」：等它真的要回來再做 傳統做法常在zScore剛突破極端值時就馬上進場，結果價格還是繼續爆走，導致虧損。 優化方式： 先等zScore跑到極端區（>2.5或<-2.5）， 等它「開始回頭」（例如：zScore從3往下跌，跌破2.5時才進場）， 這樣能增加「回歸」動能，少做那種「突破後持續單邊爆走」的盤。 3. 「冷卻期」：強制休息、減少來回被巴 很多交易在平倉後，立刻又收到新訊號反向進場，容易被盤整來回磨。 優化方式：設一個「冷卻期」（例如15根K線），這段期間內不再產生新訊號，即使條件觸發也忽略，讓你有時間等下一波「真正有利的極端機會」。 主要變數說明 plotH：入場門檻（如2.5），zScore超過這個數才考慮進場。 cooldown：冷卻K線數，這段期間內無論有無訊號都不能再進新倉。 last_entry_bar：紀錄上次開倉的bar_index，用於計算冷卻期。 進場邏輯 如果zScore「向上」突破-plotH，並且目前不在冷卻期，則產生一個做多ETH/做空BTC訊號（標籤顯示）。 如果zScore「向下」突破plotH，且不在冷卻期，則產生做空ETH/做多BTC訊號。 每次有訊號進場後，都把last_entry_bar更新為當下K線的bar_index，進入冷卻期。 入場標準差原本設定2.5，但可自行設定峰值，數值設定越高，信號越少 冷卻k線數可以自己設定，當你設定的數值越高，信號越少 Look-Back Periodu也可以自己設定，數值越高回朔時間越長，信號越少 我一直在思考什麼樣的策略適合散戶交易 想了一年多只想到兩種交易 1.對沖策略只吃異常波動率 2.資金費率套利 當前先針對對沖策略來發佈 後續會繼續發表資費套利 **Original Strategy Logic** As long as the zScore is greater than a certain value (e.g., 2), short ETH and long BTC. As long as the zScore is less than a certain value (e.g., -2), long ETH and short BTC. However, this approach sometimes generates too many signals, is prone to false breakouts, and has unstable win rates. --- **Optimization Goals** 1. Reduce signal frequency and filter out meaningless/noisy trades 2. Wait for "obvious extremes" before taking action, giving each trade a better chance at mean reversion 3. After entry, avoid getting chopped in sideways markets by enforcing a cooldown period before considering the next trade --- **1. "Only trade in extreme zones": Increase entry threshold** Previously, you entered whenever zScore > 2 or < -2. This threshold is easily triggered by noise. **Optimization:** Raise the threshold (e.g., to 2.5 or 3), so signals only appear in "very extreme" conditions, reducing random entries. **2. "Confirm mean reversion momentum": Wait until it actually starts to revert** The traditional approach often enters right when zScore first breaks the extreme value, but sometimes price keeps moving in the same direction, leading to losses. **Optimization:** * First, wait until zScore reaches the extreme zone (>2.5 or <-2.5), * Then, wait for it to "start reverting" (for example, zScore falls back below 2.5 from above 3), * Only enter then. This increases the likelihood of actual mean reversion and avoids getting caught in one-sided trends after the breakout. **3. "Cooldown period": Force a rest and reduce getting chopped** Many trades, after closing, immediately receive a new signal and reverse position, which often leads to losses in choppy markets. **Optimization:** Set a "cooldown period" (e.g., 15 candles). During this time, no new signals are generated—even if conditions are met—allowing you to wait for the next "truly favorable extreme opportunity." --- **Key Variables** * `plotH`: Entry threshold (e.g., 2.5). Only consider entries when zScore exceeds this value. * `cooldown`: Number of cooldown candles. No new entries can be made during this period, regardless of signals. * `last_entry_bar`: Records the bar\_index of the last entry, used to calculate the cooldown period. --- **Entry Logic** * If zScore breaks upwards through -plotH and you’re not in a cooldown period, generate a long ETH/short BTC signal (show a label). * If zScore breaks downwards through plotH and not in a cooldown period, generate a short ETH/long BTC signal. * Every time you enter a trade, update `last_entry_bar` to the current bar\_index and enter the cooldown period. The entry standard deviation threshold is originally set to 2.5, but you can set it to any peak value you prefer—the higher the value, the fewer the signals. The cooldown candle count is also customizable; the higher the value, the fewer the signals. The look-back period is adjustable as well; the higher it is, the longer the historical window considered, and the fewer the signals. --- I’ve been thinking for over a year about what kind of strategies are suitable for retail traders. After all this time, I’ve only come up with two types: 1. Hedge strategies that only capture abnormal volatility 2. Funding rate arbitrage Currently, I’m publishing the hedge strategy first. I’ll continue to share funding rate arbitrage in the future.
Pine Script® indicator
by waynecoin145591