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Volume Flow Scalper PRO+ (RSI & EMA Filters) ### 📊 Volume Flow Scalper PRO+ Strategy (with RSI & EMA Filters) **Overview:** The *Volume Flow Scalper PRO+* is a dynamic momentum-based strategy that leverages volume flow direction, enhanced with RSI and EMA trend filters, to generate precise scalping signals. This tool is designed for intraday and short-term traders who want to capitalize on high-probability buy and sell zones driven by real-time market sentiment. --- **Core Components:** ✅ **Volume Flow Analysis** Measures the net bullish vs. bearish volume based on price movement (up or down candle) and smooths it using your chosen Moving Average type (EMA, SMA, WMA, or VWMA). This forms the core of signal generation. ✅ **RSI Bias Filter (Optional)** Filters trades based on RSI momentum. Buy signals require RSI to be above a user-defined level (default: 50), while sell signals require it to be below. ✅ **EMA Trend Filter (Optional)** Ensures entries align with the trend. Buy signals require price to be above the EMA; sell signals require it to be below. ✅ **VWAP Filter (Optional)** For traders who favor institutional price levels, this option restricts signals to when price is above (buy) or below (sell) the Volume Weighted Average Price. --- **Signals:** - 🔼 **Buy Signal**: Triggered when the Volume Flow MA crosses **above** a threshold, with filters confirming bullish conditions. - 🔽 **Sell Signal**: Triggered when the Volume Flow MA crosses **below** a negative threshold, with filters confirming bearish conditions. --- **Strategy Features:** - 📈 **Customizable Take Profit / Stop Loss** levels based on percentage distance from entry. - 🔍 **Fully Adjustable Settings** including MA types, thresholds, filter usage, and indicator lengths. - ⚙️ Works on any timeframe and any market (crypto, forex, stocks, etc.). --- **Best Use Cases:** - Scalping on lower timeframes (1m, 5m, 15m) - Filtering high-quality entries with trend confirmation - Combining with price action or support/resistance zones
Pine Script® indicator
by johannpasqualini
[TehThomas] - ICT Inversion Fair value Gap (IFVG) The Inversion Fair Value Gap (IFVG) indicator is a powerful tool designed for traders who utilize ICT (Inner Circle Trader) strategies. It focuses on identifying and displaying Inversion Fair Value Gaps, which are critical zones that emerge when traditional Fair Value Gaps (FVGs) are invalidated by price action. These gaps represent key areas where price often reacts, making them essential for identifying potential reversals, trend continuations, and liquidity zones. What Are Inversion Fair Value Gaps? Inversion Fair Value Gaps occur when price revisits a traditional FVG and breaks through it, effectively flipping its role in the market. For example: A bullish FVG that is invalidated becomes a bearish zone, often acting as resistance. A bearish FVG that is invalidated transforms into a bullish zone, serving as support. These gaps are significant because they often align with institutional trading activity. They highlight areas where large orders have been executed or where liquidity has been targeted. Understanding these gaps provides traders with a deeper insight into market structure and helps them anticipate future price movements with greater accuracy. Why This Strategy Works The IFVG concept is rooted in ICT principles, which emphasize liquidity dynamics, market inefficiencies, and institutional order flow. Traditional FVGs represent imbalances in price action caused by gaps between candles. When these gaps are invalidated, they become inversion zones that can act as magnets for price. These zones frequently serve as high-probability areas for price reversals or trend continuations. This strategy works because it aligns with how institutional traders operate. Inversion gaps often mark areas of interest for "smart money," making them reliable indicators of potential market turning points. By focusing on these zones, traders can align their strategies with institutional behavior and improve their overall trading edge. How the Indicator Works This indicator simplifies the process of identifying and tracking IFVGs by automating their detection and visualization on the chart. It scans the chart in real-time to identify bullish and bearish FVGs that meet user-defined thresholds for inversion. Once identified, these gaps are dynamically displayed on the chart with distinct colors for bullish and bearish zones. The indicator also tracks whether these gaps are mitigated or broken by price action. When an IFVG is broken, it extends the zone for a user-defined number of bars to visualize its potential role as a new support or resistance level. Additionally, alerts can be enabled to notify traders when new IFVGs form or when existing ones are broken, ensuring timely decision-making in fast-moving markets. Key Features Automatic Detection: The indicator automatically identifies bullish and bearish IFVGs based on user-defined thresholds. Dynamic Visualization: It displays IFVGs directly on the chart with customizable colors for easy differentiation. Real-Time Updates: The status of each IFVG is updated dynamically based on price action. Zone Extensions: Broken IFVGs are extended to visualize their potential as support or resistance levels. Alerts: Notifications can be set up to alert traders when key events occur, such as the formation or breaking of an IFVG. These features make the tool highly efficient and reduce the need for manual analysis, allowing traders to focus on execution rather than tedious chart work. Benefits of Using This Indicator The IFVG indicator offers several advantages that make it an indispensable tool for ICT traders. By automating the detection of inversion gaps, it saves time and reduces errors in analysis. The clearly defined zones improve risk management by providing precise entry points, stop-loss levels, and profit targets based on market structure. This tool is also highly versatile and adapts seamlessly across different timeframes. Whether you’re scalping lower timeframes or swing trading higher ones, it provides actionable insights tailored to your trading style. Furthermore, by aligning your strategy with institutional logic, you gain a significant edge in anticipating market movements. Practical Applications This indicator can be used across various trading styles: Scalping: Identify quick reversal points on lower timeframes using real-time alerts. Day Trading: Use inversion gaps as key levels for intraday support/resistance or trend continuation setups. Swing Trading: Analyse higher timeframes to identify major inversion zones that could act as critical turning points in larger trends. By integrating this tool into your trading routine, you can streamline your analysis process and focus on executing high-probability setups. Conclusion The Inversion Fair Value Gap (IFVG) indicator is more than just a technical analysis tool—it’s a strategic ally for traders looking to refine their edge in the markets. By automating the detection and tracking of inversion gaps based on ICT principles, it simplifies complex market analysis while maintaining accuracy and depth. Whether you’re new to ICT strategies or an experienced trader seeking greater precision, this indicator will elevate your trading game by aligning your approach with institutional behavior. If you’re serious about improving your trading results while saving time and effort, this tool is an essential addition to your toolkit. It provides clarity in chaotic markets, enhances precision in trade execution, and ensures you never miss critical opportunities in your trading journey. __________________________________________ Thanks for your support! If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts! 🚀 Make sure to follow me for more price action insights, free indicators, and trading strategies. Let’s grow and trade smarter together! 📈
Pine Script® indicator
by TehThomas
9
Math by Thomas Order Blocks🔥 Description: 🚀 Math by Thomas Order Blocks is a precision tool for Smart Money Concept (SMC) and price action traders, designed to automatically detect Bullish and Bearish Order Blocks (OBs). It highlights key institutional trading zones where large orders are placed, helping you identify potential reversal and continuation areas. ⚙️ Key Features: ✅ Automatic Order Block Detection: Detects Bearish OBs when price sharply reverses after a significant bullish move. Identifies Bullish OBs following a sharp reversal from a bearish push. ✅ Dynamic Sensitivity & Volume Filter: Sensitivity Control: Customize OB detection precision. Minimum Volume Filter: Ensures OBs form only on significant volume spikes. ✅ Flexible OB Mitigation: Choose between "Close" or "Wick" mitigation for OB invalidation. Mitigated OBs are automatically removed from the chart. ✅ Adaptive Swing & Price Change Detection: Adjusts OB detection logic based on timeframe for flexibility. Uses adaptive rate of change (ROC) calculations to spot momentum shifts. ✅ Visual Customization: OBs are displayed as shaded boxes with configurable background and border colors. Bullish OBs = Green (support zones). Bearish OBs = Red (resistance zones). ✅ Alerts for OB Touch: Get real-time alerts when price touches a Bullish or Bearish OB. Helps you catch potential reversal points without constant chart monitoring. 📊 How It Works: Bullish OB Logic: Detected when price crosses over a positive momentum threshold (ROC) with high volume. Plots a green OB box from the low of the swing candle. Bearish OB Logic: Identified when price crosses under a negative momentum threshold with high volume. Plots a red OB box from the high of the swing candle. Mitigation Rules: OBs are removed once invalidated by price action based on your chosen mitigation type (Close or Wick). 📈 Usage Tips: Use Bullish OBs as potential support areas for buy entries. Treat Bearish OBs as resistance zones for sell setups. Combine with Fair Value Gaps, volume profile, and RSI for confluence. Adjust sensitivity and volume filters to fine-tune OB detection. ✅ Chart Example: The script displays: Bullish OBs in green, marking potential support zones. Bearish OBs in red, indicating resistance zones. Real-time alerts when price touches OBs. 🔥 Why Use This Indicator? Designed for intraday and swing traders aiming to identify institutional trading zones. Helps you spot reversal and continuation setups with precision. Ideal for Smart Money Concept (SMC), price action, and order flow traders.
Pine Script® indicator
by MathThomas
Cz ASR indicatorAverage session range indicator built by me. Great tool to gauge volatility and intraday reversal zones. Great for FX as there is an included table that shows range in pips; however, this can be applied across all assets as a volatility measure. How it works: The script measures the range of sessions, including Asia, London, and New York. The lookback period could be adjusted so you can find what length works best and is most accurate. This is then averaged out to provide the ASR. This provides us with an upper and lower bound of which the price could potentially fluctuate in based on the past session ranges. I have also added the 50% ASR, which is also a super useful metric for reversals or continuations. There is also a configurable UTC so that you can adjust the indicator so it can accurately measure the range within certain sessions. Note - different session start and stop times vary from market to market. I have set the code to the standard forex market opens however, if you wish to change the time ,you are able to do so by editing the variables in the script Enjoy :)
Pine Script® indicator
by oh_my_liquidity
1
Multi-Timeframe MA DashboardThis indicator monitors 5 timeframes: 5min, 15min, 1hr, 4hr, and Daily. It displays fast and slow moving averages for each timeframe, along with the current price. The trend direction is color-coded: green for bullish (fast MA above slow MA) and red for bearish (fast MA below slow MA). The dashboard also shows the last crossover signal (Buy/Sell) for each timeframe. Visual arrows are plotted on the chart for the current timeframe. A green up arrow indicates a potential bullish crossover (Buy signal), while a red down arrow indicates a potential bearish crossover (Sell signal). The dashboard is elegant and professional, with alternating row colors for better readability. It can be placed in any corner of the screen and customized with user-defined colors for bullish and bearish trends. Alerts are triggered when a crossover occurs on any timeframe. These alerts include the timeframe and signal type (e.g., "5min: ↑ BUY"). How to Read the Indicator The dashboard displays the following for each timeframe: Fast MA: The value of the fast moving average. Slow MA: The value of the slow moving average. Price: The current price for the timeframe. Trend: The current trend direction (Bullish or Bearish). Signal: The last crossover signal (↑ BUY or ↓ SELL). On the chart, green up arrows indicate a bullish crossover (Fast MA crosses above Slow MA), while red down arrows indicate a bearish crossover (Fast MA crosses below Slow MA). Green text in the dashboard indicates a bullish trend or signal, while red text indicates a bearish trend or signal. How to Use the Indicator Use the dashboard to monitor the trend direction across multiple timeframes. Look for confluence (agreement) between timeframes to identify stronger trends. Observe the "Signal" column in the dashboard for the last crossover on each timeframe. Use the arrows on the chart to identify potential crossover points for the current timeframe. Enable alerts to be notified of crossover signals on any timeframe. Alerts include the timeframe and signal type for easy reference. Adjust the fast and slow moving average lengths to suit your trading style. Choose between EMA, SMA, or WMA for the moving average type. Customize the dashboard placement and colors for better visibility. Important Notes This indicator is not a buy or sell recommendation. It is a tool to assist traders in their analysis. Always use this indicator in conjunction with other tools, such as support/resistance levels, volume analysis, and price action. Past performance of moving averages does not guarantee future results. How to Add the Indicator Add the indicator to your chart from the TradingView library. Configure the inputs: Fast MA Length: Default is 20. Slow MA Length: Default is 50. MA Type: Choose between EMA, SMA, or WMA. Dashboard Placement: Select the corner of the screen where the dashboard will appear. Colors: Customize the colors for bullish and bearish trends. Monitor the dashboard and chart for trends and signals. Disclaimer This indicator is for educational and informational purposes only. It does not provide financial, investment, or trading advice. Always perform your own analysis and consult with a financial advisor before making trading decisions.
Pine Script® indicator
by darshakssc
AsianRange&Midnight 2.2### Midnight Setup: Trading Strategy #### **Bias Definition (Trend Identification)** - The Daily (D) bias is defined the previous day and validated on the line chart. - On the Daily chart, identify the nearest V-shaped formation that has broken close to the current price. This formation determines the Daily bias direction. #### **H4 Bias Analysis (Trend Confirmation)** - Switch to an H4 chart to refine the analysis. - Identify a similar V-shaped formation that has broken in the H4 timeframe. - If the Daily and H4 biases are aligned, the setup is valid. #### **Entry Strategy (Position Entries)** - **Bearish Bias (D and H4 identical):** - Short entry at the high level of the Midnight range. - **Bullish Bias (D and H4 identical):** - Long entry at the low level of the Midnight range. #### **Bias Divergence (Context Adaptation)** - If the H4 bias is opposite to the Daily bias, this indicates an H4 retracement of the Daily bias. - Enter a counter-trend trade with reduced risk. - No TP target beyond 50% of the extension validating the Daily break. It is also not recommended to enter against this divergence beyond 50%. #### **Divergence Scenarios (Reactions to Divergences)** - **Daily Bearish Bias, H4 Bullish Bias:** - Long entry at the Midnight Low. - **Daily Bullish Bias, H4 Bearish Bias:** - Short entry at the Midnight High. #### **Daily Bias Resumption (Trend Alignment)** - As soon as the H4 bias resumes the Daily bias direction, follow this trend and adjust the position accordingly. #### **Instructions for Divergent Bias (Managing Divergence)** - When holding a position with a divergent bias, it is crucial to manage it carefully. - Exit counter-trend trades as soon as the H4 bias realigns with the Daily bias. - Limit the duration of counter-trend trades per session and adjust the H4 bias for the next session if needed. #### **SL/TP Management (Profit Taking and Protection Optimization)** - **Take Profit (TP):** - Entry in M15 with a minimum RR of 3. - TP at 5H NYE, or RR 5, or 15H NYE. - **Stop Loss (SL):** - Minimum 15 pips, placed just above the nearest swing to the entry point to protect capital. - **Red Announcement Days:** - Either abstain from trading or set a 40-pip SL to limit volatility impact. - **At 6H/7H NYE:** - Manage the trade based on its progress: exit, set to BE (Break Even), or keep the SL in place. - Any SL adjustment outside these rules can only be made if supported by data or backtests. #### **Risk Management (Capital Protection)** - Maximum risk of **1% of capital per trade** (allowing for **10 consecutive losses** without significantly affecting capital). - In case of a loss, **reduce risk by 50% on the next trade** until the loss is recovered. #### **Efficiency Conditions (When This Setup Works Best)** - This setup is particularly effective in **strong trends**, where the market has a clear direction. - It is **less effective in ranging markets**, where prices move within a narrow range without a clear trend. Setup Midnight : Stratégie de Trading
Pine Script® indicator
by Deweinn
Fibonacci Circle Zones🟩 The Fibonacci Circle Zones indicator is a technical visualization tool, building upon the concept of traditional Fibonacci circles. It provides configurable options for analyzing geometric relationships between price and time, used to identify potential support and resistance zones derived from circle-based projections. The indicator constructs these Fibonacci circles based on two user-selected anchor points (Point A and Point B), which define the foundational price range and time duration for the geometric analysis. Key features include multiple mathematical Circle Formulas for radius scaling and several options for defining the circle's center point, enabling exploration of complex, non-linear geometric relationships between price and time distinct from traditional linear Fibonacci analysis. Available formulas incorporate various mathematical constants (π, e, φ variants, Silver Ratio) alongside traditional Fibonacci ratios, facilitating investigation into different scaling hypotheses. Furthermore, selecting the Center point relative to the A-B anchors allows these circular time-price patterns to be constructed and analyzed from different geometric perspectives. Analysis can be further tailored through detailed customization of up to 12 Fibonacci levels, including their mathematical values, colors, and visibility.. 📚 THEORY and CONCEPT 📚 Fibonacci circles represent an application of Fibonacci principles within technical analysis, extending beyond typical horizontal price levels by incorporating the dimension of time. These geometric constructions traditionally use numerical proportions, often derived from the Fibonacci sequence, to project potential zones of price-time interaction, such as support or resistance. A theoretical understanding of such geometric tools involves considering several core components: the significance of the chosen geometric origin or center point , the mathematical principles governing the proportional scaling of successive radii, and the fundamental calculation considerations (like chart scale adjustments and base radius definitions) that influence the resulting geometry and ensure its accurate representation. ⨀ Circle Center ⨀ The traditional construction methodology for Fibonacci circles begins with the selection of two significant anchor points on the chart, usually representing a key price swing, such as a swing low (Point A) and a subsequent swing high (Point B), or vice versa. This defined segment establishes the primary vector—representing both the price range and the time duration of that specific market move. From these two points, a base distance or radius is derived (this calculation can vary, sometimes using the vertical price distance, the time duration, or the diagonal distance). A center point for the circles is then typically established, often at the midpoint (time and price) between points A and B, or sometimes anchored directly at point B. Concentric circles are then projected outwards from this center point. The radii of these successive circles are calculated by multiplying the base distance by key Fibonacci ratios and other standard proportions. The underlying concept posits that markets may exhibit harmonic relationships or cyclical behavior that adheres to these proportions, suggesting these expanding geometric zones could highlight areas where future price movements might decelerate, reverse, or find equilibrium, reflecting a potential proportional resonance with the initial defining swing in both price and time. The Fibonacci Circle Zones indicator enhances traditional Fibonacci circle construction by offering greater analytical depth and flexibility: it addresses the origin point of the circles: instead of being limited to common definitions like the midpoint or endpoint B, this indicator provides a selection of distinct center point calculations relative to the initial A-B swing. The underlying idea is that the geometric source from which harmonic projections emanate might vary depending on the market structure being analyzed. This flexibility allows for experimentation with different center points (derived algorithmically from the A, B, and midpoint coordinates), facilitating exploration of how price interacts with circular zones anchored from various perspectives within the defining swing. Potential Center Points Setup : This view shows the anchor points A and B , defined by the user, which form the basis of the calculations. The indicator dynamically calculates various potential Center points ( C through N , and X ) based on the A-B structure, representing different geometric origins available for selection in the settings. Point X holds particular significance as it represents the calculated midpoint (in both time and price) between A and B. This 'X' point corresponds to the default 'Auto' center setting upon initial application of the indicator and aligns with the centering logic used in TradingView's standard Fibonacci Circle tool, offering a familiar starting point. The other potential center points allow for exploring circles originating from different geometric anchors relative to the A-B structure. While detailing the precise calculation for each is beyond the scope of this overview, they can be broadly categorized: points C through H are derived from relationships primarily within the A-B time/price range, whereas points I through N represent centers projected beyond point B, extrapolating the A-B geometry. Point J, for example, is calculated as a reflection of the A-X midpoint projected beyond B. This variety provides a rich set of options for analyzing circle patterns originating from historical, midpoint, and extrapolated future anchor perspectives. Default Settings (Center X, FibCircle) : Using the default Center X (calculated midpoint) with the default FibCircle . Although circles begin plotting only after Point B is established, their curvature shows they are geometrically centered on X. This configuration matches the standard TradingView Fib Circle tool, providing a baseline. Centering on Endpoint B : Using Point B, the user-defined end of the swing, as the Center . This anchors the circular projections directly to the swing's termination point. Unlike centering on the midpoint (X) or start point (A), this focuses the analysis on geometric expansion originating precisely from the conclusion of the measured A-B move. Projected Center J : Using the projected Point J as the Center . Its position is calculated based on the A-B swing (conceptually, it represents a forward projection related to the A-X midpoint relationship) and is located chronologically beyond Point B. This type of forward projection often allows complete circles to be visualized as price develops into the corresponding time zone. Time Symmetry Projection (Center L) : Uses the projected Point L as the Center . It is located at the price level of the start point (A), projected forward in time from B by the full duration of the A-B swing . This perspective focuses analysis on temporal symmetry , exploring geometric expansions from a point representing a full time cycle completion anchored back at the swing's origin price level. ⭕ Circle Formula Beyond the center point , the expansion of the projected circles is determined by the selected Circle Formula . This setting provides different mathematical methods, or scaling options , for scaling the circle radii. Each option applies a distinct mathematical constant or relationship to the base radius derived from the A-B swing, allowing for exploration of various geometric proportions. eScaled Mathematical Basis: Scales the radius by Euler's number ( e ≈ 2.718), the base of natural logarithms. This constant appears frequently in processes involving continuous growth or decay. Enables investigation of market geometry scaled by e , exploring relationships potentially based on natural exponential growth applied to time-price circles, potentially relevant for analyzing phases of accelerating momentum or volatility expansion. FibCircle Mathematical Basis: Scales the radius to align with TradingView’s built-in Fibonacci Circle Tool. Provides a baseline circle size, potentially emulating scaling used in standard drawing tools, serving as a reference point for comparison with other options. GoldenFib Mathematical Basis: Scales the radius by the Golden Ratio (φ ≈ 1.618). Explores the fundamental Golden Ratio proportion, central to Fibonacci analysis, applied directly to circular time-price geometry, potentially highlighting zones reflecting harmonic expansion or retracement patterns often associated with φ. GoldenContour Mathematical Basis: Scales the radius by a factor derived from Golden Ratio geometry (√(1 + φ²) / 2 ≈ 0.951). It represents a specific geometric relationship derived from φ. Allows analysis using proportions linked to the geometry of the Golden Rectangle, scaled to produce circles very close to the initial base radius. This explores structural relationships often associated with natural balance or proportionality observed in Golden Ratio constructions. SilverRatio Mathematical Basis: Scales the radius by the Silver Ratio (1 + √2 ≈ 2.414). The Silver Ratio governs relationships in specific regular polygons and recursive sequences. Allows exploration using the proportions of the Silver Ratio, offering a significant expansion factor based on another fundamental metallic mean for comparison with φ-based methods. PhiDecay Mathematical Basis: Scales the radius by φ raised to the power of -φ (φ⁻ᵠ ≈ 0.53). This unique exponentiation explores a less common, non-linear transformation involving φ. Explores market geometry scaled by this specific phi-derived factor which is significantly less than 1.0, offering a distinct contractile proportion for analysis, potentially relevant for identifying zones related to consolidation phases or decaying momentum. PhiSquared Mathematical Basis: Scales the radius by φ squared, normalized by dividing by 3 (φ² / 3 ≈ 0.873). Enables investigation of patterns related to the φ² relationship (a key Fibonacci extension concept), visualized at a scale just below 1.0 due to normalization. This scaling explores projections commonly associated with significant trend extension targets in linear Fibonacci analysis, adapted here for circular geometry. PiScaled Mathematical Basis: Scales the radius by Pi (π ≈ 3.141). Explores direct scaling by the fundamental circle constant (π), investigating proportions inherent to circular geometry within the market's time-price structure, potentially highlighting areas related to natural market cycles, rotational symmetry, or full-cycle completions. PlasticNumber Mathematical Basis: Scales the radius by the Plastic Number (approx 1.3247), the third metallic mean. Like φ and the Silver Ratio, it is the solution to a specific cubic equation and relates to certain geometric forms. Introduces another distinct fundamental mathematical constant for geometric exploration, comparing market proportions to those potentially governed by the Plastic Number. SilverFib Mathematical Basis: Scales the radius by the reciprocal Golden Ratio (1/φ ≈ 0.618). Explores proportions directly related to the core 0.618 Fibonacci ratio, fundamental within Fibonacci-based geometric analysis, often significant for identifying primary retracement levels or corrective wave structures within a trend. Unscaled Mathematical Basis: No scaling applied. Provides the base circle defined by points A/B and the Center setting without any additional mathematical scaling, serving as a pure geometric reference based on the A-B structure. 🧪 Advanced Calculation Settings Two advanced settings allow further refinement of the circle calculations: matching the chart's scale and defining how the base radius is calculated from the A-B swing. The Chart Scale setting ensures geometric accuracy by aligning circle calculations with the chart's vertical axis display. Price charts can use either a standard (linear) or logarithmic scale, where vertical distances represent price changes differently. The setting offers two options: Standard : Select this option when the price chart's vertical axis is set to a standard linear scale. Logarithmic : It is necessary to select this option if the price chart's vertical axis is set to a logarithmic scale. Doing so ensures the indicator adjusts its calculations to maintain correct geometric proportions relative to the visual price action on the log-scaled chart. The Radius Calc setting determines how the fundamental base radius is derived from the A-B swing, offering two primary options: Auto : This is the default setting and represents the traditional method for radius calculation. This method bases the radius calculation on the vertical price range of the A-B swing, focusing the geometry on the price amplitude. Geometric : This setting provides an alternative calculation method, determining the base radius from the diagonal distance between Point A and Point B. It considers both the price change and the time duration relative to the chart's aspect ratio, defining the radius based on the overall magnitude of the A-B price-time vector. This choice allows the resulting circle geometry to be based either purely on the swing's vertical price range ( Auto ) or on its combined price-time movement ( Geometric ). 🖼️ CHART EXAMPLES 🖼️ Default Behavior (X Center, FibCircle Formula) : This configuration uses the midpoint ( Center X) and the FibCircle scaling Formula , representing the indicator's effective default setup when 'Auto' is selected for both options initially. This is designed to match the output of the standard TradingView Fibonacci Circle drawing tool. Center B with Unscaled Formula : This example shows the indicator applied to an uptrend with the Center set to Point B and the Circle Formula set to Unscaled . This configuration projects the defined levels (0.236, 0.382, etc.) as arcs originating directly from the swing's termination point (B) without applying any additional mathematical scaling from the formulas. Visualization with Projected Center J : Here, circles are centered on the projected point J, calculated from the A-B structure but located forward in time from point B. Notice how using this forward-projected origin allows complete inner circles to be drawn once price action develops into that zone, providing a distinct visual representation of the expanding geometric field compared to using earlier anchor points. ( Unscaled formula used in this example). PhiSquared Scaling from Endpoint B : The PhiSquared scaling Formula applied from the user-defined swing endpoint (Point B). Radii expand based on a normalized relationship with φ² (the square of the Golden Ratio), creating a unique geometric structure and spacing between the circle levels compared to other formulas like Unscaled or GoldenFib . Centering on Swing Origin (Point A) : Illustrates using Point A, the user-defined start of the swing, as the circle Center . Note the significantly larger scale and wider spacing of the resulting circles. This difference occurs because centering on the swing's origin (A) typically leads to a larger base radius calculation compared to using the midpoint (X) or endpoint (B). ( Unscaled formula used). Center Point D : Point D, dynamically calculated from the A-B swing, is used as the origin ( Center =D). It is specifically located at the price level of the swing's start point (A) occurring precisely at the time coordinate of the swing's end point (B). This offers a unique perspective, anchoring the geometric expansion to the initial price level at the exact moment the defining swing concludes. ( Unscaled formula shown). Center Point G : Point G, also dynamically calculated from the A-B swing, is used as the origin ( Center =G). It is located at the price level of the swing's endpoint (B) occurring at the time coordinate of the start point (A). This provides the complementary perspective to Point D, anchoring the geometric expansion to the final price level achieved but originating from the moment the swing began . As observed in the example, using Point G typically results in very wide circle projections due to its position relative to the core A-B action. ( Unscaled formula shown). Center Point I: Half-Duration Projection : Using the dynamically calculated Point I as the Center . Located at Point B's price level but projected forward in time by half the A-B swing duration , Point I's calculated time coordinate often falls outside the initially visible chart area. As the chart progresses, this origin point will appear, revealing large, sweeping arcs representing geometric expansions based on a half-cycle temporal projection from the swing's endpoint price. ( Unscaled formula shown). Center Point M : Point M, also dynamically calculated from the A-B swing, serves as the origin ( Center =M). It combines the midpoint price level (derived from X) with a time coordinate projected forward from Point B by the full duration of the A-B swing . This perspective anchors the geometric expansion to the swing's balance price level but originates from the completion point of a full temporal cycle relative to the A-B move. Like other projected centers, using M allows for complete circles to be visualized as price progresses into its time zone. ( SilverFib formula shown). Geometric Validation & Functionality : Comparing the indicator (red lines), using its default settings ( Center X, FibCircle Formula ), against TradingView's standard Fib Circle tool (green lines/white background). The precise alignment, particularly visible at the 1.50 and 2.00 levels shown, validates the core geometry calculation. 🛠️ CONFIGURATION AND SETTINGS 🛠️ The Fibonacci Circle Zones indicator offers a range of configurable settings to tailor its functionality and visual representation. These options allow customization of the circle origin, scaling method, level visibility, visual appearance, and input points. Center and Formula Settings for selecting the circle origin and scaling method. Center : Dropdown menu to select the origin point for the circles. Auto : Automatically uses point X (the calculated midpoint between A and B). Selectable points including start/end (A, B), midpoint (X), plus various points derived from or projected beyond the A-B swing (C-N). Circle Formula : Dropdown menu to select the mathematical method for scaling circle radii. Auto : Automatically selects a default formula ('FibCircle' if Center is 'X', 'Unscaled' otherwise). Includes standard Fibonacci scaling ( FibCircle, GoldenFib ), other mathematical constants ( PiScaled, eScaled ), metallic means ( SilverRatio ), phi transformations ( PhiDecay, PhiSquared ), and others. Fib Levels Configuration options for the 12 individual Fibonacci levels. Advanced Settings Settings related to core calculation methods. Radius Calc : Defines how the base radius is calculated (e.g., 'Auto' for vertical price range, 'Geometric' for diagonal price-time distance). Chart Scale : Aligns circle calculations with the chart's vertical axis setting ('Standard' or 'Logarithmic') for accurate visual proportions. Visual Settings Settings controlling the visual display of the indicator elements. Plots : Dropdown controlling which parts of the calculated circles are displayed ( Upper , All , or Lower ). Labels : Dropdown controlling the display of the numerical level value labels ( All , Left , Right , or None ). Setup : Dropdown controlling the visibility of the initial setup graphics ( Show or Hide ). Info : Dropdown controlling the visibility of the small information table ( Show or Hide ). Text Size : Adjusts the font size for all text elements displayed by the indicator (Value ranges from 0 to 36). Line Width : Adjusts the width of the circle plots (1-10). Time/Price Inputs for the anchor points defining the base swing. These settings define the start (Point A) and end (Point B) of the price swing used for all calculations. Point A (Time, Price) : Input fields for the exact time coordinate and price level of the swing's starting point (A). Point B (Time, Price) : Input fields for the exact time coordinate and price level of the swing's ending point (B). Interactive Adjustment : Points A and B can typically be adjusted directly by clicking and dragging their markers on the chart (if 'Setup' is set to 'Show'). Changes update settings automatically. 📝 NOTES 📝 Fibonacci circles begin plotting only once the time corresponding to Point B has passed and is confirmed on the chart. While potential center locations might be visible earlier (as shown in the setup graphic), the final circle calculations require the complete geometry of the A-B swing. This approach ensures that as new price bars form, the circles are accurately rendered based on the finalized A-B relationship and the chosen center and scaling. The indicator's calculations are anchored to user-defined start (A) and end (B) points on the chart. When switching between charts with significantly different price scales (e.g., from an index at 5,000 to a crypto asset at $0.50), it is typically necessary to adjust these anchor points to ensure the circle elements are correctly positioned and scaled. ⚠️ DISCLAIMER ⚠️ The Fibonacci Circle Zones indicator is a visual analysis tool designed to illustrate Fibonacci relationships through geometric constructions incorporating curved lines, providing a structured framework for identifying potential areas of price interaction. Like all technical and visual indicators, these visual representations may visually align with key price zones in hindsight, reflecting observed price dynamics. It is not intended as a predictive or standalone trading signal indicator. The indicator calculates levels and projections using user-defined anchor points and Fibonacci ratios. While it aims to align with TradingView’s standard Fibonacci circle tool by employing mathematical and geometric formulas, no guarantee is made that its calculations are identical to TradingView's proprietary methods. 🧠 BEYOND THE CODE 🧠 The Fibonacci Circle Zones indicator, like other xxattaxx indicators , is designed with education and community collaboration in mind. Its open-source nature encourages exploration, experimentation, and the development of new Fibonacci and grid calculation indicators and tools. We hope this indicator serves as a framework and a starting point for future Innovation and discussions.
Pine Script® indicator
by xxattaxx
1
Accumulation-Distribution CandlesThis enhanced price visualization tool interprets each candle through the lens of effort versus result, blending volume, range, and closing bias into a rich, color-coded display of Accumulation and Distribution pressure. While compatible with any timeframe, this indicator is designed primarily for use on the 1D chart, where Wyckoff-style market phases are most clearly expressed. (Adjust visibility setting accordingly). After analyzing the high-timeframe phase, traders may switch to lower timeframes and apply faster execution tools more effectively. Candle bodies are dynamically colored using a five-tier scale: 💙 Dark Blue — heavy accumulation 🩵 Pale Blue — mild accumulation 🌚 Gray — neutral / balanced behavior 💛 Pale Yellow — mild distribution 🧡 Deep Yellow — heavy distribution Coloring is based on a normalized strength score, calculated using a blend of price movement and effort (with or without volume). This helps visually isolate Markup, Markdown, Re-accumulation, and Distribution at a glance. The indicator also features optional microstructure overlays: 🟦 🟧 Zone highlighting — background shading for strong accumulation/distribution zones 📌 Pin bars — classic rejection wicks, optionally filtered by above-average volume 🔺 Fractals — 5-bar swing highs and lows, color-matched to the reference candle (not shown) 🟥 🟩 Engulfing candles — basic engulfing logic filtered by directional strength (not shown) Every element is toggleable. The candle logic will auto-adjust for volume-less tickers such as DXY, and includes structural defaults for both traditional and crypto assets (5-day vs 7-day week logic). 🧐 Strategy tips: This tool is not meant to generate signals — it's meant to show the story. Start by identifying the market phase using the 1D chart, then move to lower timeframes with confluence tools such as SUPeR TReND 2.718 and/or the Granular MA Ribbon. This indicator is designed to slot cleanly into a multi-layered workflow of visual structure and informed execution.
Pine Script® indicator
by TheLeadingIndicator
Math by Thomas FVG📌 Math by Thomas FVG – Fair Value Gap Detector Overview: The Math by Thomas FVG indicator automatically detects Fair Value Gaps (FVGs) using a three-candle logic. FVGs represent price inefficiencies where the first candle’s high/low does not overlap with the third candle’s low/high, creating a gap. This tool helps traders identify potential reversal or continuation zones, providing valuable insights into market structure and price action. 🔹 How It Works: Bullish FVG: Occurs when the current candle’s low is above the high of the candle two bars ago. A green-shaded box marks the bullish FVG, highlighting a potential support zone. Bearish FVG: Occurs when the current candle’s high is below the low of the candle two bars ago. A red-shaded box marks the bearish FVG, indicating a potential resistance zone. Gap Filling Logic: The indicator automatically removes FVGs once they are filled by price action, keeping the chart clean and relevant. Bullish FVGs are removed when close ≤ the box's top. Bearish FVGs are removed when close ≥ the box's bottom. ⚙️ Customization Options: Bullish FVG Color: Choose the color for bullish FVGs. Bearish FVG Color: Choose the color for bearish FVGs. Max Box Count: The indicator dynamically manages up to 50 FVG boxes, ensuring optimal chart performance. ✅ Use Cases: Identify price inefficiencies for potential entries and exits. Combine with Order Blocks, support/resistance, or volume analysis for confirmation. Useful for Smart Money Concept (SMC) and price action traders. 🔥 Enhance your trading accuracy with the Math by Thomas FVG indicator and gain insights into price inefficiencies! 🚀
Pine Script® indicator
by MathThomas
Customizable RSI/StochRSI Double ConfirmationBelow are the key adjustable parameters in the script and their usage: RSI Parameters RSI Length: The number of periods used to calculate the RSI, with a default value of 7. Adjusting this parameter changes the sensitivity of the RSI—shorter periods make it more sensitive, while longer periods make it smoother. RSI Source: The price source used for RSI calculation, defaulting to the closing price (close). This can be changed to the opening price or other price types as needed. StochRSI Parameters StochRSI Length: The number of periods used to calculate the StochRSI, with a default value of 5. This affects how quickly the StochRSI reacts to changes in the RSI. StochRSI Smooth K: The smoothing period for the StochRSI %K line, with a default value of 3. This is used to reduce noise. StochRSI Smooth D: The smoothing period for the StochRSI %D line, with a default value of 3. It works in conjunction with %K to provide more stable signals. Signal Thresholds RSI Buy Threshold: A buy signal is triggered when the RSI crosses above this value (default 20). RSI Sell Threshold: A sell signal is triggered when the RSI crosses below this value (default 80). StochRSI Buy Threshold: A buy signal is triggered when the StochRSI %K crosses above this value (default 20). StochRSI Sell Threshold: A sell signal is triggered when the StochRSI %K crosses below this value (default 80). Signals RSI Buy/Sell Signals: When the RSI crosses the buy/sell threshold, a green "RSI Buy" or red "RSI Sell" is displayed on the chart. StochRSI Buy/Sell Signals: When the StochRSI %K crosses the buy/sell threshold, a yellow "StochRSI Buy" or purple "StochRSI Sell" is displayed. Double Buy/Sell Signals: When both RSI and StochRSI simultaneously trigger buy/sell signals, a green "Double Buy" or red "Double Sell" is displayed, indicating a stronger trading opportunity. The volatility of different cryptocurrencies varies, and different parameters may be suitable for each. Users need to experiment and select the most appropriate parameters themselves. Disclaimer: This script is for informational purposes only and should not be considered financial advice; use it at your own risk.
Pine Script® indicator
by smile_bad_day
VWAP with Bank/Psychological Levels by TBTPH V.2This Pine Script defines a custom VWAP (Volume Weighted Average Price) indicator with several additional features, such as dynamic bands, bank levels, session tracking, and price-crossing detection. Here's a breakdown of the main elements and logic: Key Components: VWAP Settings: The VWAP calculation is based on a source (e.g., hlc3), with an option to hide the VWAP on daily (1D) or higher timeframes. You can choose the VWAP "anchor period" (Session, Week, Month, etc.) for adjusting the VWAP calculation to different time scales. VWAP Bands: The script allows you to plot bands above and below the VWAP line. You can choose the calculation mode for the bands (Standard Deviation or Percentage), and the bands' width can be adjusted with a multiplier. These bands are drawn using a gray color and can be filled to create a shaded area. Bank Level Calculation: The concept of bank levels is added as horizontal levels spaced by a user-defined multiplier. These levels are drawn as dotted lines, and price labels are added to indicate each level. You can define how many bank levels are drawn above and below the base level. Session Indicators (LSE/NYSE): The script identifies the open and close times of the London Stock Exchange (LSE) and the New York Stock Exchange (NYSE) sessions. It limits the signals to only appear during these sessions. VWAP Crossing Logic: If the price crosses the VWAP, the script colors the candle body white to highlight this event. Additional Plot Elements: A background color is applied based on whether the price is above or below the 50-period Simple Moving Average (SMA). The VWAP line dynamically changes color based on whether the price is above or below it (green if above, red if below). Explanation of Key Sections: 1. VWAP and Band Calculation: pinescript Copy = ta.vwap(src, isNewPeriod, 1) vwapValue := _vwap stdevAbs = _stdevUpper - _vwap bandBasis = calcModeInput == "Standard Deviation" ? stdevAbs : _vwap * 0.01 upperBandValue1 := _vwap + bandBasis * bandMult_1 lowerBandValue1 := _vwap - bandBasis * bandMult_1 This code calculates the VWAP value (vwapValue) and standard deviation-based bands (upperBandValue1 and lowerBandValue1). 2. Bank Levels: pinescript Copy baseLevel = math.floor(currentPrice / bankLevelMultiplier) * bankLevelMultiplier The base level for the bank levels is calculated by rounding the current price to the nearest multiple of the bank level multiplier. Then, a loop creates multiple bank levels: pinescript Copy for i = -bankLevelRange to bankLevelRange level = baseLevel + i * bankLevelMultiplier line.new(x1=bar_index - 50, y1=level, x2=bar_index + 50, y2=level, color=highlightColor, width=2, style=line.style_dotted) label.new(bar_index, level, text=str.tostring(level), style=label.style_label_left, color=labelBackgroundColor, textcolor=labelTextColor, size=size.small) 3. Session Logic (LSE/NYSE): pinescript Copy lse_open = timestamp("GMT", year, month, dayofmonth, 8, 0) lse_close = timestamp("GMT", year, month, dayofmonth, 16, 30) nyse_open = timestamp("GMT-5", year, month, dayofmonth, 9, 30) nyse_close = timestamp("GMT-5", year, month, dayofmonth, 16, 0) The script tracks session times and filters the signals based on whether the current time falls within the LSE or NYSE session. 4. VWAP Crossing Detection: pinescript Copy candleCrossedVWAP = (close > vwapValue and close <= vwapValue) or (close < vwapValue and close >= vwapValue) barcolor(candleCrossedVWAP ? color.white : na) If the price crosses the VWAP, the candle's body is colored white to highlight the cross.
Pine Script® indicator
by Blessed_Trader22
TurboRSI [PQ_MOD]This indicator, TurboRSI, is a sophisticated momentum and overbought/oversold oscillator that combines a True Strength Index (TSI) calculation with a multi-length RSI smoothing mechanism and regression analysis to deliver real-time market insights. It first computes the TSI using user-defined short and long periods along with a signal EMA, then linearly scales and logarithmically transforms the results to accentuate price momentum extremes. Concurrently, it aggregates RSI values over a customizable range to derive separate smoothed averages for bullish and bearish conditions, which form upper and lower channel boundaries. A regression line is calculated over a specified period to serve as a dynamic reference, and the deviation of price from this line is normalized and mapped to a gradient to create an intuitive candle heatmap. Additional visual elements include plotted channels, filled overbought/oversold zones, and reference lines at key levels (80, 50, and 20), with an optional table displaying key metrics. Overall, TurboRSI provides traders with a multi-faceted view of momentum, trend strength, and potential reversal zones.
Pine Script® indicator
by pequ_dev
Malama's market chop"Malama's Market Chop" (MMC) is a TradingView indicator designed to help traders identify choppy, sideways market conditions where price movement lacks a clear trend. It solves a common problem for traders: avoiding false signals or unprofitable trades during periods of indecision in the market. By measuring market "choppiness" and visually highlighting these zones, MMC empowers users to either steer clear of trades or adjust their strategies (e.g., switching to range-bound tactics) when trends are weak. How It Works MMC is built around the Choppiness Index, a mathematical formula that quantifies how much a market is consolidating versus trending. Here’s the simple breakdown: It looks at the price range (highs and lows) over a user-defined period (default: 14 bars). It compares the sum of individual bar ranges to the total range across that period, then applies a logarithmic calculation to produce a value between 0 and 100. A higher value (e.g., above 61.8 by default) indicates a choppy, non-trending market, while a lower value suggests a trending market. The indicator then uses this data to: Color the chart background yellow during choppy conditions. Place a small blue triangle below bars when choppiness is detected. Show the exact Choppiness Index value as a label on the latest bar for real-time monitoring. How to Use It Adding to TradingView: Open TradingView, click the "Indicators" button at the top, search for "Malama's Market Chop" (or paste the script into a new Pine Script editor and save it), and add it to your chart. Configuring Settings: Choppiness Period (default: 14): Adjust this to change how many bars the indicator analyzes. Shorter periods (e.g., 10) react faster but may be noisier; longer periods (e.g., 20) smooth the signal. Choppiness Threshold (default: 61.8): This is the cutoff for what’s considered "choppy." Raise it (e.g., 70) for stricter chop detection or lower it (e.g., 50) to catch milder consolidation. Interpreting Signals: Yellow Background: The market is choppy—price is likely bouncing around without direction. Beginners might sit out or use range-trading strategies (e.g., buy low, sell high within the range). Blue Triangle: A quick visual cue that choppiness is active on that bar. ChopIndex Label: Check the number. Above the threshold (e.g., 61.8) means choppy; below suggests a trend might be forming. Tips: Beginners: Pair MMC with a simple trend indicator (like a moving average) to confirm when to avoid trades during yellow zones. Pros: Experiment with the threshold on different timeframes (e.g., 5-minute vs. daily) or assets (stocks, forex, crypto) to fine-tune for your trading style. Originality What makes MMC stand out is its blend of clarity and practicality. While the Choppiness Index isn’t new, MMC enhances it with: Visual Simplicity: The yellow background and blue triangles make choppy conditions instantly recognizable, even for beginners, without cluttering the chart. Real-Time Feedback: The live ChopIndex label keeps you informed without needing to dig into settings or calculations. Customization: Adjustable period and threshold settings let traders tailor it to their specific needs, unlike many static chop indicators. This combination transforms a classic concept into a user-friendly, actionable tool that bridges the gap between novice intuition and professional precision.
Pine Script® indicator
by makenlegacy
Gioteen-NormThe "Gioteen-Norm" indicator is a versatile and powerful technical analysis tool designed to help traders identify key market conditions such as divergences, overbought/oversold levels, and trend strength. By normalizing price data relative to a moving average and standard deviation, this indicator provides a unique perspective on price behavior, making it easier to spot potential reversals or continuations in the market. The indicator calculates a normalized value based on the difference between the selected price and its moving average, scaled by the standard deviation over a user-defined period. Additionally, an optional moving average of this normalized value (Green line) can be plotted to smooth the output and enhance signal clarity. This dual-line approach makes it an excellent tool for both short-term and long-term traders. ***Key Features Divergence Detection: The Gioteen-Norm excels at identifying divergences between price action and the normalized indicator value. For example, if the price makes a higher high while Red line forms a lower high, it may signal a bearish divergence, hinting at a potential reversal. Overbought/Oversold Conditions: Extreme values of Red line (e.g., significantly above or below zero) can indicate overbought or oversold conditions, helping traders anticipate pullbacks or bounces. Trend Strength Insight: The normalized output reflects how far the price deviates from its average, providing a measure of momentum and trend strength. **Customizable Parameters Traders can adjust the period, moving average type, applied price, and shift to suit their trading style and timeframe. **How It Works Label1 (Red Line): Represents the normalized price deviation from a user-selected moving average (SMA, EMA, SMMA, or LWMA) divided by the standard deviation over the specified period. This line highlights the relative position of the price compared to its historical range. Label2 (Green Line, Optional): A moving average of Label1, which smooths the normalized data to reduce noise and provide clearer signals. This can be toggled on or off via the "Draw MA" option. **Inputs Period: Length of the lookback period for normalization (default: 100). MA Method: Type of moving average for normalization (SMA, EMA, SMMA, LWMA; default: EMA). Applied Price: Price type used for calculation (Close, Open, High, Low, HL2, HLC3, HLCC4; default: Close). Shift: Shifts the indicator forward or backward (default: 0). Draw MA: Toggle the display of the Label2 moving average (default: true). MA Period: Length of the moving average for Label2 (default: 50). MA Method (Label2): Type of moving average for Label2 (SMA, EMA, SMMA, LWMA; default: SMA). **How to Use Divergence Trading: Look for discrepancies between price action and Label1. A bullish divergence (higher low in Label1 vs. lower low in price) may suggest a buying opportunity, while a bearish divergence could indicate a selling opportunity. Overbought/Oversold Levels: Monitor extreme Label1 values. For instance, values significantly above +2 or below -2 could indicate overextension, though traders should define thresholds based on the asset and timeframe. Trend Confirmation: Use Label2 to confirm trend direction. A rising Label2 suggests increasing bullish momentum, while a declining Label2 may indicate bearish pressure. Combine with Other Tools: Pair Gioteen-Norm with support/resistance levels, RSI, or volume indicators for a more robust trading strategy. **Notes The indicator is non-overlay, meaning it plots below the price chart in a separate panel. Avoid using a Period value of 1, as it may lead to unstable results due to insufficient data for standard deviation calculation. This tool is best used as part of a broader trading system rather than in isolation. **Why Use Gioteen-Norm? The Gioteen-Norm indicator offers a fresh take on price normalization, blending statistical analysis with moving average techniques. Its flexibility and clarity make it suitable for traders of all levels—whether you're scalping on short timeframes or analyzing long-term trends. By publishing this for free, I hope to contribute to the TradingView community and help traders uncover hidden opportunities in the markets. **Disclaimer This indicator is provided for educational and informational purposes only. It does not constitute financial advice. Always backtest and validate any strategy before trading with real capital, and use proper risk management.
Pine Script® indicator
by gioteen