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Greer Free Cash Flow Yield✅ Title Greer Free Cash Flow Yield (FCF%) — Long-Term Value Signal 📝 Description The Greer Free Cash Flow Yield indicator is part of the Greer Financial Toolkit, designed to help long-term investors identify fundamentally strong and potentially undervalued companies. 📊 What It Does Calculates Free Cash Flow Per Share (FY) from official financial reports Divides by the current stock price to produce Free Cash Flow Yield % Tracks a static average across all available financial years Color-codes the yield line: 🟩 Green when above average (stronger value signal) 🟥 Red when below average (weaker value signal) 💼 Why It Matters FCF Yield is a powerful metric that reveals how efficiently a company turns revenue into usable cash. This can be a better long-term value indicator than earnings yield or P/E ratios, especially in capital-intensive industries. ✅ Best used in combination with: 📘 Greer Value (fundamental growth score) 🟢 Greer BuyZone (technical buy zone detection) 🔍 Designed for: Fundamental investors Value screeners Dividend and FCF-focused strategies 📌 This tool is for informational and educational use only. Always do your own research before investing.
Pine Script® indicator
by controllinghand
5DMA Optional HMA Entry📈 5DMA Optional HMA Entry Signal – Precision-Based Momentum Trigger Category: Trend-Following / Reversal Timing / Entry Optimization 🔍 Overview: The 5DMA Optional HMA Entry indicator is a refined price-action entry tool built for traders who rely on clean trend alignment and precise timing. This script identifies breakout-style entry points when price gains upward momentum relative to short-term moving averages — specifically the 5-day Simple Moving Average (5DMA) and an optional Hull Moving Average (HMA). Whether you're swing trading stocks, scalping ETFs like UVXY or VXX, or looking for pullback recovery entries, this tool helps time your long entries with clarity and flexibility. ⚙️ Core Logic: Primary Condition (Always On): 🔹 Close must be above the 5DMA – ensuring upward short-term momentum is confirmed. Optional Condition (Toggled by User): 🔹 Close above the HMA – adds slope-responsive trend filtering for smoother setups. Enable or disable via checkbox. Bonus Entry Filter (Optional): 🔹 Green Candle Wick Breakout – optional pattern logic that detects bullish momentum when the high pierces above both MAs, with a green body. Reset Mechanism: 🔁 Signal resets only after price closes back below all active MAs (5DMA and HMA if enabled), reducing noise and avoiding repeated signals during chop. 🧠 Why This Works: This indicator captures the kind of setups that professional traders look for: Momentum crossovers without chasing late. Mean reversion snapbacks that align with fresh bullish moves. Avoids premature entries by requiring clear structure above moving averages. Optional HMA filter allows adaptability: turn it off during choppy markets or range conditions, and on during trending environments. 🔔 Features: ✅ Adjustable HMA Length ✅ Enable/Disable HMA Filter ✅ Optional Green Wick Breakout Detection ✅ Visual “Buy” label plotted below qualifying bars ✅ Real-time Alert Conditions for automated trading or manual alerts 🎯 Use Cases: VIX-based ETFs (e.g., UVXY, VXX): Catch early breakouts aligned with volatility spikes. Growth Stocks: Time pullback entries during bullish runs. Futures/Indices: Combine with macro levels for intraday scalps or swing setups. Overlay on Trend Filters: Combine with RSI, MACD, or VWAP for confirmation. 🛠️ Recommended Settings: For smooth setups in volatile names, use: HMA Length: 20 Keep green wick filter ON For fast momentum trades, disable the HMA filter to act on 5DMA alone. ⭐ Final Thoughts: This script is built to serve both systematic traders and discretionary scalpers who want actionable signals without noise or lag. The toggleable HMA feature lets you adjust sensitivity depending on market conditions — a key edge in adapting to volatility cycles. Perfect for those who value clean, non-repainting entries rooted in logical structure.
Pine Script® indicator
by AlphaDan10
cd_cisd_market_CxHi Traders, Overview: Many traders follow market structure to identify the market direction and seek trade opportunities in line with the trend. However, markings derived from user-defined inputs can create different structures, depending on personal choices. For instance, choosing a pivot distance of 3 instead of 2 alters the structure, even though the chart remains the same. Ideally, the structure should remain consistent. "Change in State Delivery" ( CISD ) is a widely accepted concept among traders and is considered a significant indicator of market direction based on the gain/loss of CISD levels. In this indicator, CISD is selected as the primary criterion for marking market structure, eliminating the influence of user-dependent variations. Here is a summary of the key logic and rules applied: • When the price forms a new high/low, that level is only considered a pivot if a CISD has occurred. • A bullish CISD is always followed by a bearish CISD, and vice versa. • Pivot points form the internal structure. • The internal structure is used to interpret the swing structure. • Probabilities are derived from internal structure patterns. ________________________________________ Details: How is CISD determined? As is commonly known: • When price makes a new high, the opening level of the first candle in the consecutive bullish candle sequence is marked. • When price makes a new low, the opening of the first candle in the consecutive bearish sequence is marked. • If there’s only one candle in the sequence, its opening level is used. In a bullish market, losing a bearish CISD level (i.e., a close below it) or in a bearish market, gaining a bullish CISD level (i.e., a close above it) is interpreted as a potential shift in buyer-seller dominance and a possible market reversal. ________________________________________ How are internal (pivot) levels determined? • When price closes below a bearish CISD level, the highest candle's high becomes a pivot high (PH). • When price closes above a bullish CISD level, the lowest candle's low becomes a pivot low (PL). • If the new PH is above the previous PH, it’s labeled as HH (Higher High); otherwise, LH (Lower High). • If the new PL is below the previous PL, it’s labeled as LL (Lower Low); otherwise, HL (Higher Low). ________________________________________ Internal Market Structure: • A series of HHs indicates a bullish internal structure. • A series of LLs indicates a bearish internal structure. ________________________________________ Swing (Main) Market Structure: Using internal pivots and previous swing levels, the main market structure is derived. • A new swing high (SH) requires the price to move above the previous SH. • A new swing low (SL) requires the price to move below the previous SL. ________________________________________ Probability Calculation: Pivot levels forming the internal structure are coded as five-element sequences. There are 64 possible combinations of such sequences made from consecutive PH and PL values. Each pattern’s frequency from its starting candle is tracked. To make it more understandable: For example, after the four-sequence “HH, LL, LH,HL”, either HH or LH might follow. The table shows the statistical likelihood of both possible outcomes for the most recent four-element sequence on the chart. ________________________________________ How reliable is it? To assess reliability, results are calculated from the beginning using: Success Rate (Suc. Rt) = Number of Correct Predictions / Total Predictions This value is added to the table for reference. It’s important to note that no statistical outcome guarantees certainty—every result offers a different interpretation. What truly matters is to avoid getting stopped out 😊. ________________________________________ Menu Options: Show/hide preferences and color selections can be customized via the indicator menu. ________________________________________ What’s Coming in Future Versions? Features such as FVG (Fair Value Gaps) between swing levels, volume imbalances, order blocks / mitigation blocks, Fibonacci levels, and relevant trade suggestions will be added. ________________________________________ This is a BETA version that I believe will help simplify your market reading. I’d be happy to hear your feedback and suggestions. Cheerful Trading!
Pine Script® indicator
by cdikici71
17
PineConnector [Extension] | FractalystWhat is the PineConnector Extension? The PineConnector Extension is a sophisticated bridge indicator designed to seamlessly connect Quantify trading signals with PineConnector's automated execution system. This extension transforms manual signal monitoring into fully automated trading by interpreting Quantify's signal outputs and converting them into executable PineConnector commands. Unlike standalone trading indicators, this extension serves as a communication layer between your signal generation (Quantify indicator) and trade execution (PineConnector), enabling hands-free trading across multiple timeframes and instruments. How does the signal processing work? The extension processes four distinct signal types from Quantify indicators: Signal Values: 1 = Buy/Long signal - Opens bullish positions -1 = Sell/Short signal - Opens bearish positions 0.5 = Close Long - Closes all long positions -0.5 = Close Short - Closes all short positions The script continuously monitors the "Signal Source" input, which should be connected to any Quantify indicator's output. When a signal is detected, the extension automatically generates the corresponding PineConnector command with your configured parameters. What are the available order types and how do they work? The extension supports three order execution modes: Market Orders: - Execute immediately at current market price - Highest execution probability - Subject to slippage during volatile conditions Limit Orders: - Execute only when price reaches a more favorable level - Buy limits placed below current price - Sell limits placed above current price - Dynamic pip offset calculated using ATR-based volatility Stop Orders: - Execute when price breaks beyond specified levels - Buy stops placed above current price - Sell stops placed below current price - Useful for breakout strategies Dynamic Pricing Calculation: The extension calculates optimal entry prices using volatility-adjusted pip offsets: priceVolatility = ta.atr(14) / close * 100 volatilityFactor = math.min(math.max(priceVolatility / 0.1, 0.5), 2.0) pipsOffset = 10 * volatilityFactor How does the risk management system work? Risk Percentage: The extension uses percentage-based position sizing where you specify the risk per trade (0.1% to 10.0%). This value is passed to PineConnector, which calculates the exact position size based on: - Account balance - Stop loss distance - Instrument specifications - Broker settings Stop Loss Integration: - The "Stop Source" input connects to external stop loss levels from Quantify or other indicators. - This ensures: - Consistent risk-reward ratios - Dynamic stop placement based on market structure - Automatic position sizing calculations Multi-Asset Compatibility: The extension automatically detects instrument types and adjusts pip calculations: Forex: mintick * 10 Crypto: mintick * 10 Other assets: mintick * 1 What does the information display table show? The real-time status table provides essential configuration monitoring: Status Indicators: - License: Shows PineConnector license ID status (Blue = Set, Red = Missing) - Security: Displays secret key status (Blue = Set, Orange = Disabled) - Comment: Shows trade comment or timeframe if empty - Symbol: Current trading symbol (manual override or chart symbol) - Order Type: Active execution mode (Market/Limit/Stop) - Risk: Risk percentage with color coding (Blue ≤1%, Orange >1%) - Signal: Connection status (Blue = Connected, Red = Not Set) - Stop: Stop loss source status (Blue = Connected, Red = Not Set) Color Coding System: Blue: Optimal/Connected Orange: Warning/Moderate risk Red: Error/Not configured How do I connect this to my Quantify indicator? Step-by-Step Connection: Add the PineConnector Extension to your chart containing Quantify indicator Configure Signal Source: In the extension settings, locate "Signal Source" Click the dropdown and select your Quantify indicator's signal output The extension will automatically detect custom sources vs. default price data Configure Stop Source: Connect "Stop Source" to your Quantify indicator's stop loss output This enables dynamic position sizing based on stop distance Verify Connection: Check the information table for "Signal" and "Stop" status Blue indicates successful connection Red indicates default price data (not connected) Compatible Quantify Indicators: - Quantify Trading Model - Any indicator outputting standardized signals (1, -1, 0.5, -0.5) What PineConnector setup is required? Prerequisites: - Active PineConnector License - Required for all functionality - MetaTrader 4/5 or supported broker platform - PineConnector EA installed and configured - TradingView Pro/Pro+/Premium for alert functionality Configuration Steps: - License ID: Enter your PineConnector license ID in the extension - Secret Key: Optional security layer for command verification - Symbol Mapping: Ensure symbol names match between TradingView and broker - Alert Setup: Create TradingView alerts using this indicator - Webhook Configuration: Point alerts to your PineConnector webhook URL Security Features: - Optional secret key encryption - Symbol-specific commands - Debug mode for testing and validation What makes this extension unique? Seamless Integration: - Unlike manual signal copying, this extension provides: - Zero-latency signal translation - Automated parameter passing - Consistent execution across timeframes - No human intervention required Dynamic Adaptability: Volatility-adjusted pricing for limit/stop orders Automatic symbol detection and conversion Multi-asset pip calculations Intelligent timeframe formatting Professional Risk Management: - Percentage-based position sizing - External stop loss integration - Multi-order type support - Real-time status monitoring Robust Architecture: - Error-resistant signal processing - Comprehensive input validation - Debug and testing capabilities - Security features for live trading Installation and Setup Guide Quick Start: - Add "PineConnector | Fractalyst" to your chart - Configure your PineConnector license ID - Connect Signal Source to your Quantify indicator - Connect Stop Source to your stop loss indicator - Set your preferred risk percentage - Choose order type (Market recommended for beginners) - Create TradingView alert using this indicator - Ensure PineConnector EA is running on your trading platform Advanced Configuration: - Custom symbol mapping for cross-platform trading - Secret key implementation for enhanced security - Comment customization for trade tracking - Debug mode for strategy validation Legal Disclaimers and Risk Acknowledgments Trading Risk Disclosure This PineConnector Extension is provided for informational, educational, and automation purposes only and should not be construed as financial, investment, or trading advice. The extension facilitates automated trading connections but does not guarantee profitable outcomes, successful trade execution, or positive investment returns. Automated trading systems carry substantial risks including but not limited to total capital loss, system failures, connectivity issues, and adverse market conditions. The extension's performance depends on multiple third-party services including PineConnector, MetaTrader platforms, TradingView infrastructure, and broker execution quality, any of which may experience downtime, technical failures, or service interruptions that could affect trading performance. System Dependency Acknowledgment The extension requires continuous operation of multiple interconnected systems: TradingView charts and alerts, PineConnector services and Expert Advisors, MetaTrader platforms, broker connectivity, and stable internet connections. Any interruption or malfunction in these systems may result in missed signals, failed executions, or unexpected trading behavior. Users acknowledge that neither the seller nor the creator of this extension has control over these third-party services and cannot guarantee their availability, accuracy, or performance. Market conditions, broker execution policies, slippage, and technical factors may significantly affect actual trading results compared to theoretical or backtested performance. Liability Limitation By utilizing this extension, users acknowledge and agree that they assume full responsibility and liability for all trading decisions, financial outcomes, and potential losses resulting from the use of this automated trading system. Neither the seller nor the creator shall be liable for any unfavorable outcomes, financial losses, missed opportunities, or damages resulting from the development, use, malfunction, or performance of this extension. Past performance of connected indicators, strategies, or the extension itself does not guarantee future results. Trading outcomes depend on numerous factors including market conditions, economic events, broker execution quality, network connectivity, and proper system configuration, all of which are beyond the control of the extension creator. User Responsibility Statement Users are solely responsible for understanding the risks associated with automated trading, properly configuring all system components, maintaining adequate capitalization and risk management, and regularly monitoring system performance. Users should thoroughly test the extension in demo environments before live deployment and should never risk more capital than they can afford to lose. This extension is designed to automate signal execution but does not replace the need for proper risk management, market understanding, and trading discipline. Users should maintain active oversight of their automated trading systems and be prepared to intervene manually when necessary.
Pine Script® indicator
by Fractalyst
[Mustang Algo] Channel Strategy# Mustang Algo Channel Strategy - Universal Market Sentiment Oscillator ## 🎯 ORIGINAL CONCEPT This strategy employs a unique market sentiment oscillator that works on ALL financial assets. It uses Bitcoin supply dynamics combined with stablecoin market capitalization as a macro sentiment indicator to generate universal timing signals across stocks, forex, commodities, indices, and cryptocurrencies. ## 🌐 UNIVERSAL APPLICATION - **Any Asset Class:** Stocks, Forex, Commodities, Indices, Crypto, Bonds - **Market-Wide Timing:** BTC/Stablecoin ratio serves as a global risk sentiment gauge - **Cross-Market Signals:** Trade any instrument using macro liquidity conditions - **Ecosystem Approach:** One oscillator for all financial markets ## 🧮 METHODOLOGY **Core Calculation:** BTC Supply / (Combined Stablecoin Market Cap / BTC Price) - **Data Sources:** DAI + USDT + USDC market capitalizations - **Signal Generation:** RSI(14) applied to the ratio, double-smoothed with WMA - **Timing Logic:** Crossover signals filtered by overbought/oversold zones - **Multi-Timeframe:** Configurable timeframe analysis (default: Daily) ## 📈 TRADING STRATEGY **LONG Entries:** Bullish crossover when market sentiment is oversold (<48) **SHORT Entries:** Bearish crossover when market sentiment is overbought (>55) **Universal Timing:** These macro signals apply to trading any financial instrument ## ⚙️ FLEXIBLE RISK MANAGEMENT **Three SL/TP Calculation Modes:** - **Percentage Mode:** Traditional % based (4% SL, 12% TP default) - **Ticks Mode:** Precise tick-based calculation (50/150 ticks default) - **Pips Mode:** Forex-style pip calculation (50/150 pips default) **Realistic Parameters:** - Commission: 0.1% (adjustable for different asset classes) - Slippage: 2 ticks - Position sizing: 10% of equity (conservative) - No pyramiding (single position management) ## 📊 KEY ADVANTAGES ✅ **Universal Application:** One strategy for all asset classes ✅ **Macro Foundation:** Based on global liquidity and risk sentiment ✅ **False Signal Filtering:** Overbought/oversold zones reduce noise ✅ **Flexible Risk Management:** Multiple SL/TP calculation methods ✅ **No Lookahead Bias:** Clean backtesting with realistic results ✅ **Cross-Market Correlation:** Captures broad market risk cycles ## 🎛️ CONFIGURATION GUIDE 1. **Asset Selection:** Apply to stocks, forex, commodities, indices, crypto 2. **Timeframe Setup:** Daily recommended for swing trading 3. **Sentiment Bounds:** Adjust 48/55 levels based on market volatility 4. **Risk Management:** Choose appropriate SL/TP mode for your asset class 5. **Direction Filter:** Select Long Only, Short Only, or Both ## 📋 BACKTESTING STANDARDS **Compliant with TradingView Guidelines:** - ✅ Realistic commission structure (0.1% default) - ✅ Appropriate slippage modeling (2 ticks) - ✅ Conservative position sizing (10% equity) - ✅ Sustainable risk ratios (1:3 SL/TP) - ✅ No lookahead bias (proper historical simulation) - ✅ Sufficient sample size potential (100+ trades possible) ## 🔬 ORIGINAL RESEARCH This strategy introduces a revolutionary approach to financial markets by treating the BTC/Stablecoin ratio as a global risk sentiment gauge. Unlike traditional indicators that analyze individual asset price action, this oscillator captures macro liquidity flows that affect ALL financial markets - from stocks to forex to commodities. ## 🎯 MARKET APPLICATIONS **Stocks & Indices:** Risk-on/risk-off sentiment timing **Forex:** Global liquidity flow analysis for major pairs **Commodities:** Risk appetite for inflation hedges **Bonds:** Flight-to-safety vs. risk-seeking behavior **Crypto:** Native application with direct correlation ## ⚠️ RISK DISCLOSURE - Designed for intermediate to long-term trading across all timeframes - Market sentiment can remain extreme longer than expected - Always use appropriate position sizing for your specific asset class - Adjust commission and slippage settings for different markets - Past performance does not guarantee future results ## 🚀 INNOVATION SUMMARY **What makes this strategy unique:** - First to use BTC/Stablecoin ratio as universal market sentiment indicator - Applies macro-economic principles to technical analysis across all assets - Single oscillator provides timing signals for entire financial ecosystem - Bridges traditional finance with digital asset insights - Combines fundamental liquidity analysis with technical precision
Pine Script® strategy
by MustangAlgo
SEJKING - TimingSEJKING - Timing Indicator: Professional Session-Based Trading Tool The SEJKING - Timing indicator is a sophisticated trading tool designed for intraday traders who focus on key market sessions. It provides visual cues for Asian, London, and New York trading sessions, highlights important price levels, and delivers volatility metrics - all in one comprehensive package. Key Features: Session Visualization: Color-coded boxes for Asian (purple), London (gray), and New York (gray) sessions Automatic Daylight Saving Time adjustments (2022-2025) Customizable colors and visibility for each session Volatility Measurement: Real-time pip count calculations for each session Visual labels showing range volatility (A=Asian, L=London, N=New York) Critical Price Levels: Daily Levels: Previous day's high/low as black dashed lines (HOPD/LOPD) Lines extend until 5 AM EST the following day "HOPD" (High of Previous Day) and "LOPD" (Low of Previous Day) labels Weekly Levels: Previous week's high/low as orange dashed lines Lines extend until following Wednesday at 5 AM EST "WH" (Weekly High) and "WL" (Weekly Low) labels at line ends Smart Timeframe Handling: Auto-hides elements on higher timeframes (15-30 minute setting) Special handling for Asian session on higher timeframes Key Reference Lines: Yesterday's high, low, and close Weekly high and low levels Option to display only on most recent bar Benefits for Traders: Session Awareness: Visually track active market sessions to align with peak volatility periods Key Level Identification: Quickly spot crucial support/resistance from daily and weekly levels Volatility Gauge: Measure session range strength through pip counts Time-Based Analysis: Extended lines help identify which levels remain relevant throughout the trading day DST-Proof: Automatically adjusts for global daylight saving time changes Ideal For: Forex traders focusing on London/NY sessions Asian session specialists Price action traders using previous day/week levels Volatility-based strategies Intraday traders needing session awareness Input Options: Toggle visibility for each trading session Customize Asian session colors Set maximum timeframe for box visibility (15-30 mins) Choose to display key levels only on recent bars How It Works: The indicator automatically calculates session timings based on UTC-7 (US Mountain Time), with intelligent DST adjustments. At the start of each Asian session, it plots new daily and weekly levels, extending them to their respective expiration times (5 AM EST next day for daily, next Wednesday for weekly). Session boxes show the price range during each market open, with pip counts displayed at session close. Trading Applications: Use HOPD/LOPD as breakout or reversal levels Trade bounces off weekly levels (WH/WL) Identify low-volatility sessions for range trading Spot high-volatility sessions for breakout strategies Combine session boxes with key levels for confluence Note: Optimized for Forex but works on all instruments. Asian session hours automatically adjust for non-Forex assets.
Pine Script® indicator
by SultanElJabali
SMT DivergenceSMT Divergence Indicator This powerful indicator identifies high-probability reversal points by detecting SMT (Smart Money Technique) divergences between two correlated assets. It spots subtle shifts in market momentum, revealing when one asset fails to confirm the price action of another—often signaling an impending trend change. Key Features: Inter-Market Divergence Detection: Automatically compares the price action of the main symbol with a second user-defined asset. Identifies Key Reversals: Pinpoints both bullish and bearish SMT divergences, highlighting hidden strength in downtrends and underlying weakness in uptrends. Customizable Pivot Detection: Allows fine-tuning of the pivot length to adjust sensitivity for different market conditions and timeframes. Flexible Display Modes: Choose between clean 'Lines' connecting the diverging pivots or precise 'Labels' marking the exact high/low points. Full Visual Customization: Complete control over the colors and line thickness for seamless integration with your existing chart layout. Built-in Alerts: Stay notified of every potential opportunity with alerts for both bullish and bearish signals. Settings: Core Parameters: Comparison Symbol: Select the second asset to compare against for divergence analysis (e.g., NQ1! if you are charting ES1!). Pivot Length: Defines the number of bars to the left and right required to confirm a pivot high or low. Visual Settings: Display Style: Choose to visualize divergences as 'Lines' or 'Labels'. Bearish/Bullish Color: Set custom colors for bearish and bullish divergence indicators. Line Width: Adjust the thickness of the divergence lines for optimal visibility. Perfect for traders who utilize inter-market analysis to confirm trade ideas. The SMT Divergence indicator provides a crucial edge by exposing non-confirmations between related assets, allowing for earlier and more confident entries into potential market reversals.
Pine Script® indicator
by ClayeWeight
1
Big Move Follow-Through Tracker🚀 What This Indicator Does Ever wondered if that sudden 5% pump in your favorite crypto will continue or just fade away? This powerful indicator automatically tracks every significant price move and tells you exactly what happened next - momentum continuation or mean reversion. 🎯 Key Features 📊 Smart Move Detection Automatically identifies "big moves" based on your custom threshold (default 3%) Uses ATR filtering to ensure moves are truly significant, not just normal volatility Works on ANY timeframe and ANY crypto pair 🔍 Follow-Through Analysis Tracks each big move for your specified number of bars (default 5) Classifies outcomes as either Follow-Through (momentum continues) or Mean Reversion (price reverses) Uses intelligent 2% thresholds to avoid noise and focus on meaningful moves 📈 Real-Time Statistics Dashboard Live statistics table showing historical performance Separate analysis for UP moves vs DOWN moves (crypto often behaves differently!) Percentage breakdowns of follow-through vs reversion rates Track total moves detected vs analyzed over time 🎨 Visual Clarity Clear arrow signals when big moves are detected Background highlighting during significant moves Customizable display options - show/hide signals and stats as needed 🛠️ How to Use Add to any crypto chart (works on BTC, ETH, altcoins, etc.) Adjust the move threshold (3% for major coins, higher for smaller caps) Set analysis timeframe (how many bars to track each move) Watch the statistics build over time to understand your asset's behavior 💡 Trading Applications For Momentum Traders: High follow-through rates? → Consider riding the momentum Trade in direction of big moves when statistics support it For Mean Reversion Traders: High reversion rates? → Look for fade opportunities Counter-trade big moves when they historically reverse For Risk Management: Understand typical behavior after significant moves Size positions based on historical follow-through probabilities 📋 Customizable Settings Big Move Threshold: Adjust sensitivity (0.5% - 10%) Analysis Period: How long to track each move (3-20 bars) Display Options: Toggle signals and statistics table Alert System: Get notified when big moves occur 🎲 What Makes This Different Unlike simple momentum indicators, this tool: ✅ Quantifies actual outcomes with real statistics ✅ Adapts to each asset's unique volatility profile ✅ Separates up and down move behavior ✅ Provides actionable probability data 📊 Perfect For Crypto day traders looking for edge identification Swing traders wanting to understand momentum vs reversion tendencies Risk managers needing probability-based position sizing Strategy developers building data-driven trading systems ⚡ Quick Setup Tips For Major Cryptos (BTC, ETH): Use 2-4% threshold For Altcoins: Use 4-8% threshold For Scalping: Use lower timeframes with 1-2% threshold For Swing Trading: Use higher timeframes with 5%+ threshold
Pine Script® indicator
by Kirubakaran_Rajendran
2
The Butterfly [theUltimator5]This is a technical analysis tool designed to automatically detect and visualize Butterfly harmonic patterns based on recent market pivot structures. This indicator uses a unique plotting and detection algorithm to find and display valid Butterfly patterns on the chart. The indicator works in real-time and historically by identifying major swing highs and lows (pivots) based on a user-defined ZigZag length. It then evaluates whether the most recent price structure conforms to the ideal proportions of a bullish or bearish Butterfly pattern. If the ratios between price legs XA, AB, BC, and projected CD meet defined tolerances, the pattern is plotted on the chart along with a projected D point for potential reversal. Key Features: Automatic Pivot Detection: The script analyzes recent price action to construct a ZigZag pattern, identifying swing points as potential X, A, B, and C coordinates. Butterfly Pattern Validation: The pattern is validated against traditional Fibonacci ratios: --AB should be approximately 78.6% of XA. --BC must lie between 38.2% and 88.6% of AB. --CD is projected as a multiple of BC, with user control over the ratio (e.g., 1.618–2.24). Bullish and Bearish Recognition: The pattern logic detects both bullish and bearish Butterflies, automatically adjusting plotting direction and color themes. Custom Ratio Tolerance: Users can define how strictly the AB/XA and BC/AB legs must adhere to ideal ratios, using a percentage-based tolerance slider. Fallback Detection Logic: If a new pattern is not identified in recent bars, the script performs a backward search on the last four pivots to find the most recent valid pattern. Force Mode: A toggle allows users to force the drawing of a Butterfly pattern on the most recent pivot structure, regardless of whether the ideal Fibonacci rules are satisfied. Dynamic Visualization: --Clear labeling of X, A, B, C, and D points. --Colored connecting lines and filled triangles to visualize structure. --Optional table displaying key Fibonacci ratios and how close each leg is to ideal values. Inputs: Length: Controls the sensitivity of the ZigZag pivots. Smaller values result in more frequent pivots. Tolerance (%): Adjustable threshold for acceptable deviation in AB/XA and BC/AB ratios. CD Length Multiplier: Projects point D by multiplying the BC leg using a value between 1.618 and 2.24. Force New Pattern: Overrides validation checks to display a Butterfly structure on recent pivots regardless of ratio accuracy. Show Table: Enables a table showing calculated ratios and deviations from the ideal.
Pine Script® indicator
by TheUltimator5
4
TreeCandlePattern-FusimetriaA Powerful 3-Candle Reversal Pattern Inspired by Smart Money Principles How to Use the Indicator Effectively This pattern works exceptionally well across higher timeframes (H4, Daily, Weekly) where institutional traders operate, often appearing at key turning points in the market. Key Settings Best Timeframes: H1 for intraday trades, H4/Daily for swing positions Customisation Options: Adjust arrow colours (green for bullish, red for bearish) and size for better visibility Alerts: Set notifications for when new signals appear to catch reversals early The indicator automatically marks: 🔺 Bullish reversals (when price breaks under previous lows then surges back up) 🔻 Bearish reversals (when price spikes above prior highs then collapses) The Trading Philosophy Behind the Pattern This setup is remarkably similar to the classic "Power of Three" reversal structure, where: The First Candle shows the final push of the current trend (either greed in an uptrend or fear in a downtrend) The Second Candle traps retail traders by creating false breakouts (where smart money accumulates or distributes) The Third Candle confirms the reversal by closing beyond the extreme of the second candle Why This Works Like Smart Money Trading Institutional traders often use these false breakouts to enter positions against the crowd The third candle's close beyond the extreme shows absorption of liquidity (stops being taken out before reversal) Works particularly well near key support/resistance levels where banks and hedge funds place their orders Advanced Confirmation Techniques To filter out false signals and trade like the professionals: Volume Analysis Look for higher volume on the second candle (shows strong institutional interest) The third candle should ideally have lower volume as retail traders get trapped Price Action Context Works best after strong trends (not in ranging markets) Combine with Fibonacci levels (61.8% retracements often see reversals) Watch for wick rejections on the third candle (shows failure of breakout) Example: Bitcoin (BTC/USDT) Daily Chart ! After a long uptrend, price makes a false breakout above resistance (second candle) The next candle closes below the second candle's low, confirming reversal This was followed by a 30% drop as smart money exited longs When to Enter & Exit Trades ✅ Entry: At the open of the fourth candle after confirmation ✅ Stop Loss: Just beyond the extreme of the second candle ✅ Take Profit: At nearest support/resistance level or using 1:2 risk-reward ⚠️ Avoid This Pattern In: Choppy, sideways markets During major news events when price action becomes erratic
Pine Script® indicator
by FusiMetria
S&P Power Hour Liquidity Sweep StrategyThis indicator is designed for intraday traders who want to take advantage of liquidity grabs, break of structure (BOS), and optimal entry points during the most volatile hours of the trading day: the NYSE Power Hours (09:30–10:30 AM and 02:30–04:00 PM EST). Key Features: Power Hour Detection: Automatically identifies the two most liquid hours of the trading session. Liquidity Sweep Detection: Highlights when price sweeps a recent swing high or low — a common trap before reversals. Break of Structure (BOS): Confirms trend shift after a liquidity sweep with smart money-style BOS markers. Fair Value Gap (FVG) Highlighting: (Optional) Spot institutional imbalances between candles to fine-tune trade entries. How It Works: Wait for price to sweep a swing high or low during the power hours. Look for a break of structure (BOS) in the opposite direction. Enter on the next candle or FVG retest. The indicator will plot a yellow circle for entry, a red line for stop, and a green line for the target (based on your RR setting). Customizable Inputs: Swing sensitivity (lookback bars) Risk-to-reward ratio Optional FVG visibility Best Used With: Higher timeframe bias (15m/1H) Order blocks or volume analysis Avoiding major news events Whether you're a scalper or precision-based intraday trader, this tool helps you spot high-probability reversal setups with clean visuals and clear confirmations.
Pine Script® indicator
by sandunmathers
Liquidity Sweep Trap Alert (Improved)Detects high-conviction “liquidity sweep” traps (false breakouts) by comparing price against recent swing highs/lows, applying a wick-size filter and a cooldown period so that only meaningful reversal wicks trigger signals. Shows labels on the chart and provides alert conditions when a trap occurs. How It Works (Core Concept) Swing High / Low Sweep The script looks back a user-defined number of bars (Lookback Period) to identify the most recent swing high and swing low (excluding the current forming bar). A Bull Trap is identified when price’s high exceeds that swing high intrabar but the candle closes back below it. A Bear Trap is identified when price’s low dips below that swing low intrabar but the candle closes back above it. Wick-Size Filter To avoid tiny “micro-sweeps,” the script measures the length of the reversal wick (the distance beyond the swing high or below the swing low) as a percentage of the bar’s total range. Only if this wick percentage ≥ Min Wick/Range % does the raw trap condition qualify for further consideration. Cooldown Mechanism After a trap fires, the same type of trap (bull or bear) is suppressed for a specified number of bars (Cooldown Bars). This prevents back-to-back signals in choppy conditions and ensures each trap has breathing room before the next. Confirmed on Close Signals only trigger once the bar has closed (barstate.isconfirmed), eliminating “ghost” signals that flash intrabar and then vanish. Chart Labels & Alerts When a trap is confirmed, a label (“Trap ↑” for bull, “Trap ↓” for bear) is plotted above/below the bar (toggleable via Show Trap Labels). Built-in alertcondition calls allow users to create native TradingView alerts tied to these confirmed traps. Inputs & Usage Lookback Period (bars) Defines how many bars back to compute the recent swing high/low. Shorter values catch more frequent, smaller swings; longer values focus on larger pivots. Show Trap Labels Toggle on/off the on-chart label markers. Cooldown Bars Number of bars to wait after a trap fires before allowing the same trap type again. Higher values reduce signal frequency; set lower if you want more frequent triggers. Min Wick/Range % Minimum required wick length (beyond the swing level) as a percentage of that bar’s high–low range. Increase to filter out weak or noise-driven sweeps; decrease if you want to capture smaller reversals. Recommended Settings & Markets Timeframes: Works on any timeframe (e.g., 5m, 15m, 1h, daily). Adjust inputs per instrument volatility. Crypto (e.g., BTC): Typical starting values might be Lookback = 10, Min Wick % = 0.10–0.20, Cooldown = 3–5 bars. Equities / Indices (e.g., Nifty, Bank Nifty): Use higher Min Wick % (e.g., 0.30–0.50) and adjust volume-based filters externally. Cooldown may be 3–5 bars on daily charts. Testing: Always backtest or visually review sample signals before live trading. Tune Lookback and Min Wick % to balance hit-rate vs. false positives. Originality & What Makes It Different Beyond Simple Breakout Alerts: Instead of alerting on any breakout, this indicator specifically looks for false breakouts (liquidity sweeps) where smart money may trap retail stops. Wick-Size Threshold: Many scripts flag any high above a swing high; here, the reversal wick must be a configurable percentage of the bar’s range, filtering out minor spikes. Cooldown Logic: Prevents repeated signals in tight ranges, unlike basic breakout or pivot indicators that may fire repeatedly. Confirmed on Close: Eliminates intrabar flicker signals, ensuring each alert is based on a completed bar. Lightweight & Self-Contained: No external dependencies; works standalone on the chart. Users can hook native TradingView alerts to these conditions. How to Use Add to Chart: Apply the published script; no need for additional overlays. Configure Inputs: Open settings and set: Lookback Period to match swing size you target. Min Wick/Range % to filter out small reversals. Cooldown Bars so signals aren’t clustered. Toggle Show Trap Labels on/off. Set Alerts: In TradingView Alerts, choose “Bull Trap Detected” or “Bear Trap Detected” as the condition. Interpret Signals: Bull Trap: Price tried to break above a recent high but failed—potential short opportunity or exit long. Bear Trap: Price tried to break below a recent low but failed—potential long opportunity or exit short. Combine with Risk Management: Always apply your own stop-loss and take-profit rules; use the trap signal as one element of your trade decision. Chart Examples & Annotations Clean Example Chart: Display only this indicator on the chart using default inputs or example settings. Annotation Guidance: If you include manual drawings in screenshots, clearly explain: “Red label marks the bar where price spiked above the 10-bar swing high, closed below it with wick ≥ 10% of range, and no prior bull trap in last 5 bars → Bull Trap.” Avoid unrelated scripts or decorative drawings that aren’t described. Disclaimer Not Financial Advice: Signals indicate potential reversal setups but do not guarantee outcomes. Trade at your own risk. Use Proper Risk Management: Always define stop-loss, position size, and consider market context. Test Before Live: Review historical signals and backtest manually or via strategy tester if possible.
Pine Script® indicator
by Siddhantkesiddhant
1
ORB Breakout Indicator - NQ1!The purpose of this indicator is to assist traders in rapidly identifying high-probability Opening Range Breakout (ORB) setups on the NQ1! 1-minute time frame (Nasdaq Futures) Key Features: Opening Range: Automatically plots the high and low of the 1st 15min of the (NYSE session) (09:30–09:45 EST) Breakout Signals : Illustrates the first candle that breaks upward or downward and: Green arrow for a bullish breakout Red arrow for a bearish breakout Clean Visuals: Dynamic lines show the high and low of the ORB window for easy reference. (DON'T USE THIS ONLY FOR ENTRY SIGNALS, PAIR THIS WITH OTHER INFLUENCES TO GET HIGH PROBABILITY BREAKOUTS)
Pine Script® indicator
by sandunmathers
2
Top Right Watermark# TopRight Watermark **Finally, a watermark that stays out of your way!** Tired of TradingView's default watermark blocking your price action and technical analysis? This customizable watermark indicator gives you complete control over positioning and content display. ## 🎯 Key Features **✅ Flexible Positioning** - Place anywhere: corners, sides, or edges **✅ Multi-Slot Display** - Up to 3 customizable information slots **✅ Individual Font Control** - Different sizes for each slot **✅ Platform Compatibility** - TradingView OR MetaTrader timeframe formats **✅ Clean & Professional** - Customizable colors and transparency ## 🔧 What You Can Display - **Timeframe** - Current chart period - **Ticker** - Symbol name (smart formatting for crypto/forex) - **Exchange** - Broker/platform name - **Custom Text** - Your own message - **Empty** - Hide unused slots ## 🎨 Customization Options - **Position**: 9 placement options (top/middle/bottom + left/center/right) - **Colors**: Full color picker with transparency control - **Font Sizes**: 5 sizes available per slot (tiny to huge) - **Timeframe Style**: Choose TradingView (1m, 4H) or MetaTrader (M1, H4) format ## 🚀 Perfect For - Traders who need clean chart visibility - Multi-timeframe analysis - Professional chart screenshots - Platform migrants (MT4/MT5 to TradingView) - Anyone wanting organized chart information ## 💡 Pro Tips - Place in corners to avoid price action interference - Combine Exchange + Ticker + Timeframe for complete context - Use transparency to make it subtle but visible **Stop letting watermarks interfere with your trading analysis. Take control of your chart display today!** --- *Compatible with all TradingView chart types and timeframes. Easy setup with intuitive controls.*
Pine Script® indicator
by dabhi358
Watermark by HAZEDEnhanced Watermark - Clean Chart Labeling A professional watermark indicator for traders who want clean, customizable chart identification. Features: - Show/hide: Exchange prefix, timeframe, price change %, volume - 9 positioning options - place anywhere on your chart - Custom text styling - normal or spaced text modes - Full color control - including transparency settings - Size customization - independent sizing for each element - Personal signature - add your trading brand - Custom symbols - personalize arrows and indicators Perfect for: Content creators, educational posts, professional setups, and social media sharing. Easy to use: Works immediately with smart defaults. Fully customizable to match your style. Clean charts, professional presentation.
Pine Script® indicator
by hazedoptions
Mariam Smart FlipPurpose This tool identifies high-probability intraday reversals by detecting when price flips through the daily open after strong early-session commitment. How It Works A valid flip occurs when: The previous daily candle is bullish or bearish The first hour today continues in the same direction Then, the price flips back through the daily open with a minimum break threshold (user-defined) This setup is designed to catch liquidity grabs or fakeouts near the daily open, where early buyers or sellers get trapped after showing commitment Signal Logic Buy Flip Previous day bearish → first hour bearish → price flips above open Sell Flip Previous day bullish → first hour bullish → price flips below open Features Configurable flip threshold in percentage Signals only activate after the first hour ends Daily open line displayed on chart Simple triangle markers with no visual clutter Alerts ready to use for automation or notifications Usage Tips Use "Once Per Bar" alert mode to get notified immediately when the flip happens Works best in active markets like FX, indices, or crypto Adjust threshold based on asset volatility Suggested stop loss: use the previous daily high for sell flips or the previous daily low for buy flips Suggested take profit: secure at least 30 pips to aim for a 1:3 risk-to-reward ratio on average
Pine Script® indicator
by alghamdi_meriam
Path of Least ResistancePath of Least Resistance (PLR) Concept Overview The Path of Least Resistance indicator identifies key zones on your chart that act like "muddy" or "sticky" areas where price tends to get bogged down, creating choppy and unpredictable price action. Between these zones lie the "empty spaces" - clear paths where price can move freely with momentum and direction. The Analogy: Muddy Fields vs Open Roads Think of your chart like a landscape: 🟫 ZONES (Muddy/Sticky Areas) Fair Value Gaps (FVGs) from higher timeframes Pivot wick zones from higher timeframe pivots Areas where price gets "stuck" and churns Like walking through thick mud - slow, choppy, unpredictable movement Price action becomes erratic and difficult to trade 🟢 EMPTY SPACES (Open Roads) The clear areas between zones Where price can move freely with momentum Like driving on an open highway - smooth, directional movement The "Path of Least Resistance" for price movement Trading Philosophy AVOID Trading Within Zones: Price action is typically choppy and unpredictable Higher probability of false signals and whipsaws Like trying to drive through mud - you'll get stuck TRADE Through the Empty Spaces: Look for moves that travel between zones Price tends to move with momentum and direction Higher probability setups with cleaner price action Like taking the highway instead of back roads Zone Types Detected Fair Value Gaps (FVGs) Imbalances from higher timeframe candles Areas where price "owes" a return visit Often act as magnets, creating choppy price action Pivot Wick Zones Upper and lower wicks from higher timeframe pivots Rejection areas where price previously struggled Often create resistance/support that leads to choppy movement Color Coding System The zones dynamically change color based on current price position: 🔴 RED ZONES : Price is below the zone (bearish context) 🟢 GREEN ZONES : Price is above the zone (bullish context) 🔘 GRAY ZONES : Price is within the zone (neutral/choppy area) The "Mum Trades" Strategy The best trades - what we call "Mum trades" (trades so obvious even your mum could spot them) - happen in the empty spaces between zones: ✅ High Probability Characteristics: Clear directional movement between zones Less noise and false signals Higher momentum and follow-through Cleaner technical patterns ❌ Avoid These Areas: Trading within the muddy zones Expecting clean moves through sticky areas Fighting against the natural flow of price Key Features Auto Timeframe Detection : Automatically selects appropriate higher timeframe Dynamic Zone Management : Overlapping zones are automatically cleaned up Real-time Alerts : Get notified when price enters/exits zones Visual Clarity : Clean zone display with extending boundaries How to Use Identify the Zones : Let the indicator mark the muddy areas Find the Paths : Look for clear spaces between zones Plan Your Trades : Target moves that travel through empty space Avoid the Mud : Stay away from trading within the zones Follow the Flow : Trade with the path of least resistance Remember Price, like water, always seeks the path of least resistance. By identifying where that path is clear (empty spaces) versus where it's obstructed (zones), you can align your trading with the natural flow of the market rather than fighting against it. The goal is simple: Trade the highways, avoid the mud.
Pine Script® indicator
by mindyourbuisness
4H + 1D Trend Break (Dual LR) 📊 4H + 1D Trend Break (Dual LR) This indicator provides a clean and efficient system to detect trend shifts and Last Resort (LR) levels on the 4-hour (4H) and daily (1D) timeframes. ✅ Key Features: Automatically detects trend changes based on A/V-shape logic. Works simultaneously on two timeframes: 4H and 1D. Draws black LR lines with labels (e.g., “4H LR” or “1D LR”) after confirmed structure breaks. Displays a 2-row table showing current trend direction (green for bullish, red for bearish). 🧠 How it works: A bullish trend is confirmed when price closes above a previous A-shape level. The LR line is drawn at the close of the prior V-shape. A bearish trend is confirmed when price closes below a previous V-shape level. The LR line is placed at the close of the prior A-shape. The logic separately tracks 4H and 1D structures, giving you clear LR levels per timeframe. This tool is ideal for traders who monitor multi-timeframe structure shifts, and want visually accurate LR levels to support their strategy.
Pine Script® indicator
by johndgweed
SOT & SA Detector ProSOT & SA Detector Pro- Advanced Reversal Pattern Recognition OVERVIEW The SOT & SA Detector is an educational indicator designed to identify potential market reversal points through systematic analysis of candlestick patterns, volume confirmation, and price wave structures. SOT (Shorting of Thrust) signals suggest potential bearish reversals after upward price movements, while SA (Selling Accumulation) signals indicate possible bullish reversals following downward trends. This tool helps traders recognize key market transition points by combining multiple technical criteria for enhanced signal reliability. ═══════════════════════════════════════════════════════════════ HOW IT WORKS Technical Methodology The indicator employs a multi-factor analysis approach that evaluates: Wave Structure Analysis: Identifies minimum 2-bar directional waves (upward for SOT, downward for SA) Price Delta Validation: Ensures closing price changes remain within specified percentage thresholds (default 0.3%) best 0.1. Candlestick Tail Analysis: Measures rejection wicks using configurable tail multipliers Volume Confirmation: Requires increased volume compared to previous periods Pattern Confirmation: Validates signals through subsequent price action Signal Generation Process Pattern Recognition: Scans for qualifying candlestick formations with appropriate tail characteristics Volume Verification: Confirms patterns with volume expansion using adjustable multiplier Price Confirmation: Validates signals when price breaks and closes beyond pattern extremes Signal Display: Places labeled markers and draws horizontal reference levels Mathematical Foundation Delta calculation: math.abs(close - close ) / close <= deltaPercent / 100 Tail analysis: (high - close ) >= tailMultiplier * (close - low ) for SOT Volume filter: volume >= volume * volumeFactor ═══════════════════════════════════════════════════════════════ KEY FEATURES Dual Pattern Recognition: Identifies both bullish (SA) and bearish (SOT) reversal candidates Volume Integration: Incorporates volume analysis for enhanced signal validation Customizable Parameters: Adjustable wave length, delta percentage, tail multiplier, and volume factor Visual Clarity: Color-coded bar highlighting, labeled signals, and horizontal reference levels Time-Based Filtering: Configurable analysis period to focus on recent market activity Non-Repainting Signals: Confirmed signals remain stable and do not change with new price data Alert System: Built-in notifications for both initial signals and subsequent confirmations ═══════════════════════════════════════════════════════════════ HOW TO USE Signal Interpretation Red SOT Labels: Appear above potential bearish reversal candles with downward-pointing markers Green SA Labels: Display below potential bullish reversal candles with upward-pointing markers Horizontal Lines: Extend from signal levels to provide ongoing reference points Bar Coloring: Highlights qualifying pattern candles for visual emphasis Trading Application This indicator serves as an educational tool for pattern recognition and should be used in conjunction with additional analysis methods. Consider SOT signals as potential areas of selling pressure following upward moves, while SA signals may indicate buying interest after downward price action. Best Practices Combine with trend analysis and support/resistance levels Consider overall market context and timeframe alignment Use proper risk management techniques Validate signals with additional technical indicators ═══════════════════════════════════════════════════════════════ SETTINGS Analysis Days (Default: 20) Controls the lookback period for signal detection. Higher values extend historical analysis while lower values focus on recent activity. Minimum Bars in Wave (Default: 2) Sets the minimum consecutive bars required to establish directional wave patterns. Increase for stronger trend confirmation. Max Close Change % (Default: 0.3) best 0.1. Defines acceptable closing price variation between consecutive bars. Lower values require tighter price consolidation. Tail Multiplier (Default: 1.0) best 1.5 or more. Adjusts sensitivity for candlestick tail analysis. Higher values require more pronounced rejection wicks. Volume Factor (Default: 1.0) Sets volume expansion threshold compared to previous period. Values above 1.0 require volume increases. ═══════════════════════════════════════════════════════════════ LIMITATIONS Market Conditions May produce false signals in highly volatile or low-volume conditions Effectiveness varies across different market environments and timeframes Requires sufficient volume data for optimal performance Signal Timing Signals appear after pattern completion, not in real-time during formation Confirmation signals depend on subsequent price action Historical signals do not guarantee future market behavior Technical Constraints Limited to analyzing price and volume data only Does not incorporate fundamental analysis or external market factors Performance may vary significantly across different trading instruments ═══════════════════════════════════════════════════════════════ IMPORTANT DISCLAIMERS This indicator is designed for educational purposes and technical analysis learning. It does not constitute financial advice, investment recommendations, or trading signals. Past performance does not guarantee future results. Trading involves substantial risk of loss, and this tool should be used alongside proper risk management techniques and additional analysis methods. Always conduct thorough analysis using multiple indicators and consider market context before making trading decisions. The SOT & SA patterns represent potential reversal points but do not guarantee price direction changes. ═══════════════════════════════════════════════════════════════ Credits: Original concept and Pine Script implementation by Everyday_Trader_X Version: Pine Script v6 compatible Category: Technical Analysis / Reversal Detection Overlay: Yes (displays on price chart)
Pine Script® indicator
by Everyday_Trader_X
1
Elliott Wave Universal PRO [Full Ratios]Elliott Wave Universal PRO Overview This advanced Elliott Wave indicator helps traders identify and project potential wave structures with Fibonacci ratios. It supports both impulse and corrective patterns with multiple variations, providing visual projections for standard, minimal, and maximal wave extensions. Key Features ✅ Multiple Wave Patterns Impulse waves (Classic, Extended, Diagonal, Truncated, etc.) Corrective waves (Zigzag, Flat, Triangle, Double/Triple Zigzag, etc.) ✅ Customizable Projections Adjustable start/end points for wave labeling Standard, minimal, and maximal Fibonacci-based projections ✅ Visual Customization Color/style settings for different ratio types Clean labeling for wave structure clarity ✅ Flexible Display Toggle between impulse/correction modes Enable/disable ratio projections as needed How to Use Set Points: Define the start (0) and first wave (A) using the input settings. Select Pattern: Choose from impulse or correction templates. Adjust Display: Customize colors, line styles, and ratio visibility. ⚠ Note: This tool is for educational purposes and should be used alongside other analysis methods. Past performance does not guarantee future results. Elliott Wave Universal PRO Обзор Этот продвинутый индикатор волн Эллиотта помогает трейдерам определять и прогнозировать волновые структуры с использованием соотношений Фибоначчи. Поддерживает импульсные и коррекционные модели с различными вариациями, визуализируя стандартные, минимальные и максимальные проекции волн. Основные функции ✅ Различные волновые модели Импульсы (Классические, Удлиненные, Диагонали, Усеченные и др.) Коррекции (Зигзаги, Плоскости, Треугольники, Двойные/Тройные зигзаги и др.) ✅ Настраиваемые проекции Ручное задание точек начала (0) и первой волны (A) Стандартные, минимальные и максимальные проекции на основе Фибоначчи ✅ Гибкость отображения Настройка цветов и стилей линий Четкие метки для удобного анализа структуры ✅ Управление отображением Переключение между импульсами и коррекциями Включение/отключение типов проекций Как использовать Установите точки: Задайте начало (0) и первую волну (A) во входных параметрах. Выберите шаблон: Укажите тип структуры (импульс/коррекция). Настройте отображение: Измените цвета, стили линий и видимость проекций. ⚠ Важно: Индикатор предназначен для образовательных целей. Используйте его в сочетании с другими методами анализа.
Pine Script® indicator
by Goldman_Gleb
2
Volume Engulfing DetectorThis indicator is built to detect powerful shifts in market participation by analyzing volume surges during directional candles — not traditional "engulfing" patterns based on candle body structure, but volume-driven dominance by buyers or sellers. Instead of relying on the classic visual engulfing pattern, it flags situations where a bullish or bearish candle prints with significantly higher volume than its predecessor, and where that volume also surpasses key benchmarks from previous opposing moves. This approach is designed to capture institutional activity, smart money footprints, or hidden accumulation/distribution, which often manifest as volume spikes even in the absence of textbook candlestick formations. 🚦 Key Features ✅ 1. Volume-Based Engulfing Detection The script identifies candles where: A bullish candle's volume exceeds the previous candle’s total volume and the previous candle was bearish (and vice versa for bearish engulfing). Additionally, the bullish engulfing volume must also be greater than the volume of the last bearish engulfing (and vice versa). This helps filter out false engulfing signals and only highlights the ones with significant participation or conviction. 🔷 Plotted with: Vol↑Eng (Green label below candle) 🔻 Plotted with: Vol↓Eng (Red label above candle) ✅ 2. High-Volume Rejection Markers (Non-Engulfing) Sometimes a candle doesn’t engulf the previous one, but the volume is so dominant that it may still indicate a powerful reversal or failed breakout. This indicator flags those too: If a bullish candle has volume higher than any bearish engulfing volume seen today, it’s marked as a potential buy-side absorption. If a bearish candle has volume higher than any bullish engulfing volume today, it may be a sign of sell-side rejection. 🟢 Plotted with: Vol↑Big (Lime triangle up) 🔴 Plotted with: Vol↓Big (Maroon triangle down) ⏰ Daily Reset & Filtering All volume comparisons are done within the current trading day, so each day's context is treated independently. The first candle of the day is ignored, preventing skewed signals due to overnight gaps or opening volatility. 🔔 Alerts Included You can set alerts on: Bullish or bearish volume-engulfing candles. High-volume rejection candles. This ensures you’re notified in real time when the market shows signs of strong accumulation or distribution, even if you're not actively monitoring the chart. 💡 Use Cases Day Traders: Identify potential intraday reversals or trend initiations with volume confirmation. Swing Traders: Use engulfing and high-volume patterns to time entries after pullbacks or breakouts. Volume Analysts: Study how price responds when volume exceeds critical historical thresholds. Tape Readers: Get a visual clue of where smart money might be stepping in based on volume surges. 📌 Final Thoughts This indicator filters out noise and focuses on volume-dominant price actions, giving you a cleaner and more actionable view of the market. Use it to complement your existing strategy, particularly when looking for high-conviction turning points on the chart. Whether you're trading equities, indices, or futures — this tool brings volume context to price action in a simple and visual way.
Pine Script® indicator
by JS_Trading_Tradingmadesimple
Candle Details on Mouse Hover ### Indicator Features * **Hover for Details:** Move your mouse over any past candle to see its stats in a pop-up tooltip. * **Live Info Label:** Shows a visible info box on the current, real-time candle. * **Choose What You See:** Use checkboxes to turn on or off any section of the info: * The candle's own size details. * The comparison vs. the previous candle. * The comparison vs. the next candle. * **Smart "Avoid" Logic:** A switch to skip over opposite-colored candles and compare only against the last candle of the same type (e.g., Bullish vs. the last Bullish). * *(This feature only works for the "Vs. Previous Candle" comparison.)* * **Percentage vs. Ratio:** A dropdown to see comparisons as `+10.50%` or as a ratio like `1.10`. * **Custom Hover Zone:** Settings to make the hover area bigger or smaller around each candle. * **Custom Label Style:** Change the background and text color of the visible label on the last candle, or turn it off completely.
Pine Script® indicator
by fmtanv