3MA Volume MTF Pro+📊 3MA Volume MTF Pro+ Indicator Documentation
🔬 Experimental Nature of the Indicator
The 3MA Volume MTF Pro+ is currently in an experimental/testing phase, designed to explore unconventional approaches to volume analysis. While it incorporates proven concepts like moving averages and volume profiling, its unique combination of multi-timeframe volume MAs, day-of-week levels, and trend-strength filters is still being refined.
🧪 Key Experimental Aspects:
1. Novel Volume-Based Signals
Unlike traditional price-based MAs, this indicator applies MA crossovers directly to volume data, which may produce unconventional but insightful momentum signals.
Hypothesis: Volume MA crossovers could precede price breakouts/reversals.
2. Day-of-Week Volume Anomalies
The "levels" system tests whether historical volume patterns (e.g., high Fridays, low Mondays) repeat predictably.
Caution: Market regimes change—backtest before relying on these patterns.
3. Trend Strength via Volume Deviation
The "strong/weak" trend filter uses volume vs. its moving average, not price. This is experimental but may help filter false breakouts.
⚠️ Disclaimer for Users:
Not a standalone strategy. Use alongside price action, support/resistance, or other confirmations.
Repainting risk: MAs recalculate on new bars—avoid very short timeframes (e.g., 1-minute charts).
Forward-test alerts in a demo account before live trading.
🌟 Overview
The 3MA Volume MTF Pro+ is a powerful volume-based indicator designed to analyze trends, detect volume anomalies, and identify recurring patterns across different timeframes. It combines three customizable moving averages (MAs) applied to volume data with day-of-week volume levels, trend strength visualization, and smart alerts.
🛠 Key Features & How It Works
📈 1. Multi-Timeframe Volume MAs
🔹 Three independent MAs (MA1, MA2, MA3) can be applied to volume data, each with:
8 MA types: EMA, SMA, RMA, WMA, SMMA, HMA, JMA, TMA.
Adjustable lengths (e.g., 20, 50, 100).
Multi-timeframe support (e.g., MA1 on 1H, MA2 on 4H).
🔹 Purpose: Identify volume trends (rising/falling) and crossovers for momentum signals.
📅 2. Day-of-Week Volume Levels
🔹 Calculates historical average volume for each day (Monday–Sunday) over a user-defined period (default: 2 weeks).
🔹 How to use:
Compare current volume to the day’s average level (dashed lines).
Spikes above/below suggest unusual activity (e.g., high Friday volume = potential breakout).
🎨 3. Trend Strength Filter
Strong Trend (Green): Volume ≥ 120% of its moving average.
Weak Trend (Red): Volume ≤ 80% of its moving average.
Purpose: Visually confirm trend strength alongside MA crossovers.
🔔 4. Alerts
MA Cross Alerts: Notify when MAs intersect (e.g., "MA1 crosses MA2").
Day-Level Alerts: Trigger when volume breaches the current day’s average level.
🚀 Practical Applications
✅ Trend Confirmation
Bullish Signal: MA1 > MA2 + Strong Volume (Green background).
Bearish Signal: MA3 > MA1 + Weak Volume (Red background).
✅ Intraday/Weekly Patterns
Example: If volume consistently peaks on Wednesdays, use levels as reversal/breakout points.
✅ Multi-Timeframe Analysis
Alignment Check: If hourly MA1 rises while daily MA2 flattens, short-term momentum may fade.
⚖️ Pros & Cons
✅ Advantages
Customizable: Tailor MAs to your strategy (e.g., JMA for responsiveness, TMA for smoothness).
Visual Clarity: Color-coded trends and dashed day-levels.
Actionable Alerts: Real-time notifications for crossovers/level breaks.
❌ Limitations
Lagging: Volume-based indicators react slower than price.
Overcrowding: Too many MAs/levels may clutter the chart (disable unused ones).
📜 Setup Guide
⚙️ Step 1: Configure MAs
MA1/2/3 Settings: Enable each MA, select type (e.g., TMA), length (e.g., 20), and timeframe (blank = current).
Example: MA1 = TMA-20 (1H), MA2 = JMA-50 (4H), MA3 = HMA-100 (1D).
📅 Step 2: Day-Level Settings
Show Levels: Toggle visibility.
Weeks to Display: Adjust historical lookback (e.g., 2 weeks).
🔔 Step 3: Alerts & Trend Filter
Alerts: Enable MA crosses/day-level breaches.
Trend Filter: Toggle background colors for strength/weakness.
🎨 Visual Examples
🌈 Color Legend
🔵 MA1 (Blue): Short-term volume trend.
🔴 MA2 (Red): Medium-term trend.
🟢 MA3 (Green): Long-term trend.
Dashed Lines: Day-of-week levels (e.g., purple = Monday, orange = Thursday).
📉 Sample Scenario
MA1 crosses MA2 upward + Green background = Strong uptrend confirmation.
Volume exceeds Friday’s level = Potential breakout alert.
💡 Pro Tips
Combine with Price Action: Use levels alongside support/resistance.
Adjust Timeframes: Match MAs to your trading style (scalping = 5M, swings = 1H).
Test Alerts: Ensure triggers align with your strategy.
❤️ Support This Project
If you find this indicator helpful and want to support future developments, donations are appreciated at:
USDT (TRC20): THFFLEZSpTqapYF6oj9rmuTCQVUXvuz7VS
Your generosity helps maintain and improve free indicators for the trading community!
Indicators and strategies
EMA/ATR/RSIThis indicator overlays three key technical measures—Exponential Moving Average (EMA), Average True Range (ATR), and a custom-scaled Relative Strength Index (RSI)—on your price chart, all using the same lookback period.
Features
• EMA (Exponential Moving Average): Smooths price action to highlight trend direction.
• ATR (Average True Range): Measures market volatility via an RMA-smoothed True Range.
• RSI (Modified): Scales the standard RSI by subtracting 35 and multiplying by 2, shifting the baseline for clearer momentum signals.
Inputs
• period (integer): Lookback length for EMA, ATR, and RSI calculations (default: 14).
How to Use
1. Adjust period to suit your preferred timeframe (e.g., 14 for daily charts, 7 for intraday).
2. Use the EMA line to identify trend direction and dynamic support/resistance.
3. Monitor ATR to gauge changing volatility—wider bands signal stronger moves.
4. Watch the modified RSI crossovers around zero:
• Above 0: Bullish momentum
• Below 0: Bearish momentum
Combine these three overlays to refine entries, exits, and stop-loss placement based on trend strength, volatility, and momentum all in one view.
RVOL-TradingCore Functionality
1. Dual RVOL Approach for Entry Confirmation
The script calculates two kinds of RVOLs for up to four intraday timeframes:
RVOL1 (based on daily average volume):
Formula: current intraday volume / 21-day SMA of daily volume
RVOL2 (based on same-timeframe average):
Formula: current intraday volume / average of past N intraday volumes (default 14)
The logic:
High RVOL1 → indicates unusual volume relative to daily historical averages.
High RVOL2 → indicates volume spike compared to typical activity at that timeframe.
2. Entry Signal – CheckGreen Condition
A bullish "Green" condition is triggered if:
Gap-up open (Opening_Price > 0)
Day’s low remains above previous close (strict lowCheck condition)
RVOL1 exceeds set thresholds (default 5% for 3m, 7% for 5m)
RVOL2 exceeds set thresholds (default 100%)
This is a strict entry filter, ensuring both price action and volume align.
💰 Position Sizing Logic
When enabled, the script calculates position size using three stop-loss methods:
Fixed SL % (e.g., 3%)
Day’s Low (LOD) below entry candle
Previous Day’s Low (PDL) below entry candle
🔢 Formula:
plaintext
Copy
Edit
Position Size = totalRisk / (entryPrice × stopLoss%)
Then it estimates position value as % of ₹1L capital (hardcoded).
Outputs include:
Number of shares
% distance to SL
Position size in lakhs (L)
📋 RVOL Table Display
Displays in a table on the chart with the following columns:
Timeframe RVOL1 (%) RVOL2 (%) % Price Change Price SL % Position LOD-based Position PDL-based Position
Color coding helps identify which values meet thresholds.
📌 Customizable Inputs
✅ RVOL Inputs:
Days for SMA & historical volume (default: 21 & 14)
Timeframes: 3m, 5m, 15m, 60m (all configurable)
Thresholds for RVOL1, RVOL2, Gap %, and % price change
✅ Position Size Inputs:
Risk capital (default: ₹2500)
Enable/disable each SL type (SL %, LOD, PDL)
✅ Table Display:
Table size, color, location on chart
Enable/disable SL columns
🧩 Visual Elements
Draws horizontal levels for 5m/15m candle highs (if enabled)
Marks gap-up with a purple 'G' label
Color highlights on table cells for high RVOL or negative price moves
M.O.E - Stochastic BacktesterLooking for some folks to help validate a new tool that is currently in development. It's not perfect and still in the testing phase, but the goal is to use it as a means to validate other indicators. This tool takes into account various data points such as volume, price action, and volatility signals to help identify potential trade setups. I'm hoping to gather feedback on its effectiveness, usability, and any areas for improvement before making it more widely available. If you're interested in testing this out and providing honest feedback, please let me know!
PRO Investing - Apex Engine FREE VERSION🧠 The Apex Engine: True Self-Tuning Intelligence
The biggest flaw in most indicators is that they rely on fixed settings. The Apex Engine solves this with two layers of adaptation:
Fully Auto-Adjustable Parameters: The engine first analyzes the volatility of the asset on your chart to derive its own optimal "Fast," "Mid," and "Slow" momentum lengths. You never have to guess settings again—it tunes itself for any instrument and timeframe.
Performance-Based Selection: It then uses statistical correlation to constantly measure which of its auto-tuned parameters is most in-sync with recent price action. It deploys the "winning" engine to generate signals, ensuring you're always using the most relevant analysis.
🎨 An All-in-One, Unified View
We've engineered this script to deliver maximum information with minimum clutter, all within a single indicator.
High-Confluence Buy/Sell Signals (▲/▼): Clear triangles appear directly on your chart. These are not simple crossovers; a signal is only plotted if it aligns with the dominant trend (above/below the 200MA) and the market is not choppy (ADX > 20).
Compact Oscillator Display: A "lite" version of the oscillator is displayed in a compact panel at the bottom of your price chart, showing the active Velocity line and its signal.
Transparent Dashboard: A small table in the corner shows you the engine's "brain" at work, displaying the real-time correlation scores and highlighting the active parameter.
Smart Background Coloring: The entire chart background changes color to give you immediate context:
🟩 Green: Bullish trend, favorable conditions for buys.
🟥 Red: Bearish trend, favorable conditions for sells.
⬛ Gray: Caution zone. Market is choppy or counter-trend.
This tool is designed to be the ultimate all-in-one solution for traders who value automation, clarity, and adaptive analysis.
If you find this indicator powerful, please leave a Boost 👍 and Follow our Profile for more professional-grade tools.
Disclaimer: All indicators are for analytical and educational purposes only. Trading involves significant risk. Always use your own judgment and risk management.
SMA/EMA Cross SignalFor short-term swing traders (such as I am) this is a simple indicator that plots 2 moving average lines of your choice, the SMA and EMA to the screen and has built in buy/sell signal when they cross.
I personally use this when price action is above the 50 SMA. The default setting (5SMA/10EMA) is what I use and has been working for me as long price action is above the 50 SMA.
Features:
1) Alerts are triggered when SMA (Signal line) and the EMA (Baseline) cross - a Long signal is called if the cross is above the EMA, a exit if the cross is below EMA
2) Signals are represented visually on the chart, below the candles is a long, above is a short.
Good luck!
OBV 双线指标（支持 v6）This script displays a dual-line On-Balance Volume (OBV) indicator, consisting of:
📈 OBV Line: The classic On-Balance Volume, calculated manually based on volume flow direction.
🔴 OBV Moving Average Line: A simple moving average (SMA) of the OBV to help smooth out trends.
🟢 Golden Cross Signal: When OBV crosses above its moving average (bullish signal).
🔻 Death Cross Signal: When OBV crosses below its moving average (bearish signal).
🔔 Alert Conditions: Alerts can be set for both Golden Cross and Death Cross.
indicador de pips y lotesThis is an indicator that displays pips based on the current full candle, and you can also measure risk by changing the amount of money you risk to convert it to how many lots you will enter into the position.
Momentum + Heatmap with RSI Cross (Nikko)📘 User Manual: Momentum + Heatmap with RSI Cross (Nikko)
Version: 1.0
Author: Cryptonikkoid
Platform: TradingView – Pine Script v6
License: Mozilla Public License 2.0
Release Date: June 2025
🔍 Overview
The Momentum + Heatmap with RSI Cross is an advanced visual indicator designed to replace traditional oscillators by merging multiple indicators into one. It blends Vortex, Stochastic, RSI, and MACD into a unified, mathematically enhanced momentum signal. This tool highlights trend shifts, potential reversals, and momentum build-up with intuitive visuals and alert signals.
The indicator includes:
A hybrid oscillator reflecting directional strength and momentum.
A heatmap background representing RSI × Vortex energy.
Buy/Sell triangle alerts based on RSI-style crossovers.
A clean layout optimized for decision-making speed.
⚙️ How It Works
Vortex Strength
The indicator computes Vortex Positive (VI+) and Vortex Negative (VI–) over a user-defined period.
The difference between the two creates a directional bias signal (viDiff).
Stochastic Momentum
The viDiff value is normalized through a stochastic oscillator, producing smoothed %K and %D curves.
These curves serve as the base for momentum signals.
RSI and Long-Term RSI
The RSI is computed and normalized to a 0–1 scale.
A long-term RSI (5× period) is also calculated to act as a trend anchor.
MACD Filtering
A MACD calculation determines whether the market is in a bullish or bearish condition.
The hybrid signals are flipped accordingly to follow the broader trend.
Hybrid Oscillator Construction
%K and %D are multiplied by exponential factors of RSI and long RSI.
This adds acceleration to the signals when momentum is increasing rapidly.
RSI Cross Detection
When the hybrid %K crosses above hybrid %D, a Sell triangle appears (potential peak).
When it crosses below, a Buy triangle appears (momentum reversal).
Heatmap Background
A visual background shows the interaction between Vortex and RSI energy.
Colors shift from deep purple (low momentum) to blue (strong bullish energy).
The heatmap can be toggled on/off for clarity.
Alerts
Built-in alert conditions allow you to be notified instantly on buy/sell signals.
🧠 How to Use
Apply the Indicator
Add it to any chart on TradingView.
It works best on trending assets and volatile conditions like crypto or indices.
Read the Hybrid Oscillator
Use the hybrid %K and %D like a momentum wave.
Strong upward waves + a green heatmap = potential long.
Sharp downward spikes + fading heatmap = caution or potential exit.
Watch the Triangles
A green triangle below a bar suggests a buy signal — momentum is reversing upward.
A red triangle above a bar signals momentum exhaustion — potential sell or take profit.
Heatmap Guidance
When the background is faint or fades to purple, it indicates weak conditions.
Blueish tones signal growing bullish strength.
Use with Price Action
Combine triangle alerts with support/resistance, price structure, or volume.
This indicator is not a standalone entry tool, but a strong directional filter.
✅ Benefits
Single Indicator Solution: Replaces multiple tools like MACD, RSI, and Stochastic.
Momentum + Trend Fusion: Combines short-term reversals with long-term trend confirmation.
Visual Simplicity: Clear oscillator waves, triangle icons, and color-coded heatmaps reduce decision fatigue.
Built-in Alerts: Get notified the moment momentum shifts.
Customizable: You can tweak lengths and smoothing for your asset and timeframe.
⚠️ Limitations
Slight Lag: Smoothing adds stability but can delay signals by a few candles.
Whipsaw in Sideways Markets: Like all momentum tools, performance is better in trending conditions.
Requires Confirmation: Best used with other tools like structure or volume to confirm trades.
Experimental Math: This is an experimental formulation; more feedback could help fine-tune signal logic.
🔁 What's New Compared to Traditional Indicators
Unlike using RSI, MACD, or Stochastic separately, this indicator:
Integrates all three into a unified momentum model.
Adds long-term RSI filtering to reduce noise.
Uses exponential scaling to enhance signal acceleration.
Features heatmap visualization to intuitively show energy buildup.
Provides actionable visual alerts without relying solely on numeric values.
🛠️ Tips and Customization
Adjust the rsiLength, viLength, and MACD settings for different markets (e.g. faster for scalping, slower for swing).
Toggle off the heatmap if you prefer a cleaner look using the checkbox.
Use higher timeframes (4h, 1D) for swing trading or lower timeframes (15m–1h) for intraday.
Combine with volume spikes or trendlines to enhance trade confirmation.
Add alertcondition() messages to trigger webhook or mobile alerts.
🎯 Final Thoughts
Momentum + Heatmap with RSI Cross simplifies the complexity of momentum analysis into a smooth, visually intuitive signal. It helps identify entry zones early, avoid chasing reversals blindly, and gives clear exit alerts based on dynamic crossovers.
If you want cleaner charts with smarter momentum tracking — this tool is built for that.
EMA Cross Strategy V6 By BRC EMA cross over strategy for swing trading as well as intraday modified OCC by BRC
Contrarian RSIContrarian RSI Indicator
Pairs nicely with Contrarian 100 MA (optional hide/unhide buy/sell signals)
Description
The Contrarian RSI is a momentum-based technical indicator designed to identify potential reversal points in price action by combining a unique RSI calculation with a predictive range model inspired by the "Contrarian 5 Levels" logic. Unlike traditional RSI, which measures price momentum based solely on price changes, this indicator integrates a smoothed, weighted momentum calculation and predictive price ranges to generate contrarian signals. It is particularly suited for traders looking to capture reversals in trending or range-bound markets.
This indicator is versatile and can be used across various timeframes, though it performs best on higher timeframes (e.g., 1H, 4H, or Daily) due to reduced noise and more reliable signals. Lower timeframes may require additional testing and careful parameter tuning to optimize performance.
How It Works
The Contrarian RSI combines two primary components:
Predictive Ranges (5 Levels Logic): This calculates a smoothed price average that adapts to market volatility using an ATR-based mechanism. It helps identify significant price levels that act as potential support or resistance zones.
Contrarian RSI Calculation: A modified RSI calculation that uses weighted momentum from the predictive ranges to measure buying and selling pressure. The result is smoothed and paired with a user-defined moving average to generate clear signals.
The indicator generates buy (long) and sell (exit) signals based on crossovers and crossunders of user-defined overbought and oversold levels, making it ideal for contrarian trading strategies.
Calculation Overview
Predictive Ranges (5 Levels Logic):
Uses a custom function (pred_ranges) to calculate a dynamic price average (avg) based on the ATR (Average True Range) multiplied by a user-defined factor (mult).
The average adjusts only when the price moves beyond the ATR threshold, ensuring responsiveness to significant price changes while filtering out noise.
This calculation is performed on a user-specified timeframe (tf5Levels) for multi-timeframe analysis.
Contrarian RSI:
Compares consecutive predictive range values to calculate gains (g) and losses (l) over a user-defined period (crsiLength).
Applies a Gaussian weighting function (weight = math.exp(-math.pow(i / crsiLength, 2))) to prioritize recent price movements.
Computes a "wave ratio" (net_momentum / total_energy) to normalize momentum, which is then scaled to a 0–100 range (qrsi = 50 + 50 * wave_ratio).
Smooths the result with a 2-period EMA (qrsi_smoothed) for stability.
Moving Average:
Applies a user-selected moving average (SMA, EMA, WMA, SMMA, or VWMA) with a customizable length (maLength) to the smoothed RSI (qrsi_smoothed) to generate the final indicator value (qrsi_ma).
Signal Generation:
Long Entry: Triggered when qrsi_ma crosses above the oversold level (oversoldLevel, default: 1).
Long Exit: Triggered when qrsi_ma crosses below the overbought level (overboughtLevel, default: 99).
Entry and Exit Rules
Long Entry: Enter a long position when the Contrarian RSI (qrsi_ma) crosses above the oversold level (default: 1). This suggests the asset is potentially oversold and due for a reversal.
Long Exit: Exit the long position when the Contrarian RSI (qrsi_ma) crosses below the overbought level (default: 99), indicating a potential overbought condition and a reversal to the downside.
Customization: Adjust overboughtLevel and oversoldLevel to fine-tune sensitivity. Lower timeframes may benefit from tighter levels (e.g., 20 for oversold, 80 for overbought), while higher timeframes can use extreme levels (e.g., 1 and 99) for stronger reversals.
Timeframe Considerations
Higher Timeframes (Recommended): The indicator is optimized for higher timeframes (e.g., 1H, 4H, Daily) due to its reliance on predictive ranges and smoothed momentum, which perform best with less market noise. These timeframes typically yield more reliable reversal signals.
Lower Timeframes: The indicator can be used on lower timeframes (e.g., 5M, 15M), but signals may be noisier and require additional confirmation (e.g., from price action or other indicators). Extensive backtesting and parameter optimization (e.g., adjusting crsiLength, maLength, or mult) are recommended for lower timeframes.
Inputs
Contrarian RSI Length (crsiLength): Length for RSI momentum calculation (default: 5).
RSI MA Length (maLength): Length of the moving average applied to the RSI (default: 1, effectively no MA).
MA Type (maType): Choose from SMA, EMA, WMA, SMMA, or VWMA (default: SMA).
Overbought Level (overboughtLevel): Upper threshold for exit signals (default: 99).
Oversold Level (oversoldLevel): Lower threshold for entry signals (default: 1).
Plot Signals on Main Chart (plotOnChart): Toggle to display signals on the price chart or the indicator panel (default: false).
Plotted on Lower:
Plotted on Chart:
5 Levels Length (length5Levels): Length for predictive range calculation (default: 200).
Factor (mult): ATR multiplier for predictive ranges (default: 6.0).
5 Levels Timeframe (tf5Levels): Timeframe for predictive range calculation (default: chart timeframe).
Visuals
Contrarian RSI MA: Plotted as a yellow line, representing the smoothed Contrarian RSI with the applied moving average.
Overbought/Oversold Lines: Red line for overbought (default: 99) and green line for oversold (default: 1).
Signals: Blue circles for long entries, white circles for long exits. Signals can be plotted on the main chart (plotOnChart = true) or the indicator panel (plotOnChart = false).
Usage Notes
Use the indicator in conjunction with other tools (e.g., support/resistance, trendlines, or volume) to confirm signals.
Test extensively on your chosen timeframe and asset to optimize parameters like crsiLength, maLength, and mult.
Be cautious with lower timeframes, as false signals may occur due to market noise.
The indicator is designed for contrarian strategies, so it works best in markets with clear reversal patterns.
Disclaimer
This indicator is provided for educational and informational purposes only. Always conduct thorough backtesting and risk management before using any indicator in live trading. The author is not responsible for any financial losses incurred.
first 5 minutes NY session)I created this indicator myself to identify the first 5 minutes of the New York session, during which it automatically draws the lines. It's a strategy that has helped me a lot.
Pivot Projection Levels (Hi1, Hi2, Lo1, Lo2)Pivot Avg “Fair value” or equilibrium price
Hi1 1st upside projection — potential resistance
Hi2 Further extension — aggressive target
Lo1/Lo2 Same logic to the downside
Highlight Highest Volume CandleHow it works:
lookback: how many bars to look back for highest volume (default 50).
highestVol: the maximum volume in that range.
isHighestVol: true if the current candle’s volume equals that maximum.
plotcandle: draws the candle in bright yellow.
plotshape: adds a small triangle below the bar for extra visibility.
z-score-calkusi-v1.14z-scores incorporate the moment of N look-back bars to allow future price projection.
z-score = (X - mean)/std.deviation ; X = close
z-scores update with each new close print and with each new bar. Each new bar augments the mean and std.deviation for the N bars considered. The old Nth bar falls away from consideration with each new historical bar.
The indicator allows two other options for X: RSI or Moving Average.
NOTE: While trading use the "price" option only.
The other two options are provided for visualisation of RSI and Moving Average as z-score curves.
Use z-scores to identify tops and bottoms in the future as well as intermediate intersections through which a z-score will pass through with each new close and each new bar.
Draw lines from peaks and troughs in the past through intermediate peaks and troughs to identify projected intersections in the future. The most likely intersections are those that are formed from a line that comes from a peak in the past and another line that comes from a trough in the past. Try getting at least two lines from historical peaks and two lines from historical troughs to pass through a future intersection.
Compute the target intersection price in the future by clicking on the z-score indicator header to see a drag-able horizontal line to drag over the intersection. The target price is the last value displayed in the indicator's status bar after the closing price.
When the indicator header is clicked, a white horizontal drag-able line will appear to allow dragging the line over an intersection that has been drawn on the indicator for a future z-score projection and the associated future closing price.
With each new bar that appears, it is necessary to repeat the procedure of clicking the z-score indicator header to be able to drag the drag-able horizontal line to see the new target price for the selected intersection. The projected price will be different from the current close price providing a price arbitrage in time.
New intermediate peaks and troughs that appear require new lines be drawn from the past through the new intermediate peak to find a new intersection in the future and a new projected price. Since z-score curves are sort of cyclical in nature, it is possible to see where one has to locate a future intersection by drawing lines from past peaks and troughs.
Do not get fixated on any one projected price as the market decides which projected price will be realised. All prospective targets should be manually updated with each new bar.
When the z-score plot moves outside a channel comprised of lines that are drawn from the past, be ready to adjust to new market conditions.
z-score plots that move above the zero line indicate price action that is either rising or ranging. Similarly, z-score plots that move below the zero line indicate price action that is either falling or ranging. Be ready to adjust to new market conditions when z-scores move back and forth across the zero line.
A bar with highest absolute z-score for a cycle screams "reversal approaching" and is followed by a bar with a lower absolute z-score where close price tops and bottoms are realised. This can occur either on the next bar or a few bars later.
The indicator also displays the required N for a Normal(0,1) distribution that can be set for finer granularity for the z-score curve.This works with the Confidence Interval (CI) z-score setting. The default z-score is 1.96 for 95% CI.
Common Confidence Interval z-scores to find N for Normal(0,1) with a Margin of Error (MOE) of 1:
70% 1.036
75% 1.150
80% 1.282
85% 1.440
90% 1.645
95% 1.960
98% 2.326
99% 2.576
99.5% 2.807
99.9% 3.291
99.99% 3.891
99.999% 4.417
9-Jun-2025
Added a feature to display price projection labels at z-score levels 3, 2, 1, 0, -1, -2, 3.
This provides a range for prices available at the current time to help decide whether it is worth entering a trade. If the range of prices from say z=|2| to z=|1| is too narrow, then a trade at the current time may not be worth the risk.
Added plot for z-score moving average.
28-Jun-2025
Added Settings option for # of Std.Deviation level Price Labels to display. The default is 3. Min is 2. Max is 6.
This feature allows likelihood assessment for Fibonacci price projections from higher time frames at lower time frames. A Fibonacci price projection that falls outside |3.x| Std.Deviations is not likely.
Added Settings option for Chart Bar Count and Target Label Offset to allow placement of price labels for the standard z-score levels to the right of the window so that these are still visible in the window.
Target Label Offset allows adjustment of placement of Target Price Label in cases when the Target Price Label is either obscured by the price labels for the standard z-score levels or is too far right to be visible in the window.
Practice makes perfect.
Use this indicator at your own risk
Steez's Timeframe TableSimple timeframe indicator which can assist with daily bias or draw on liquidity.
Shows all timeframes from 1 minute to 1 day.
Shows close time and if the candle is currently bearish or bullish.
Capitulation Candle Color✅ What It Does:
Candles turn bright green when the score ≥4 (i.e., multiple capitulation signals active).
Otherwise, candles keep their default coloring.
You can visually confirm extreme oversold conditions by seeing these green bars.
Moving averages and the lower Bollinger Band are displayed for context.
✅ How to Customize:
Adjust thresholds (e.g., make ATR threshold less strict).
Change the minimum score to trigger coloring (e.g., ≥3).
Use a different color (color.rgb(0,255,0) for neon green).
EMA Crossover with DiamondsGreen diamond when 20 exponential moving average crosses over 50 exponential moving average, and shows a red diamond when 50 moving average crosses over 20 exponential moving average
✨ HAZE PIVOTS ENHANCED ✨HAZE PIVOTS ENHANCED - Technical Analysis Indicator
Overview
A pivot point detection and visualization tool that identifies potential support and resistance zones based on price structure. The indicator uses Average True Range (ATR) for dynamic level calculation and risk management.
Key Features
Pivot Detection
Identifies swing highs and lows using customizable pivot length
Marks significant price levels where momentum may shift
Zone Visualization
Creates visual zones around pivot points
Adjustable zone width and height based on ATR multiplier
Color-coded zones for easy identification
Risk Management Levels
Automatically calculates stop loss levels using ATR
Projects potential target levels based on volatility
Displays risk-reward ratios for reference
Visual Elements
Optional signal markers at pivot points
Customizable labels and colors
Information table showing current levels
Clean, professional chart presentation
Technical Components
ATR-based calculations for adaptive levels
Pivot high/low algorithm for structure identification
Real-time alert conditions for zone formation
Persistent visual objects that update with new pivots
Customization Options
Pivot length adjustment (1-20 bars)
ATR period and multipliers
Zone dimensions and opacity
Complete color scheme control
Toggle individual visual components
Use Cases
This indicator serves as a technical analysis tool for:
Identifying potential reversal zones
Setting objective stop loss levels
Calculating risk-reward scenarios
Monitoring price structure changes
Important Notes
This is a technical analysis tool for educational purposes
Past performance does not indicate future results
Always conduct your own analysis before making decisions
The indicator provides objective technical levels only
This indicator is designed to assist with technical analysis by visualizing price structure and volatility-based levels. It does not provide trading signals or recommendations.
ADR Custom Anchor n %sAverage daily range.
Advantages on this indicator:
1 - you can select how many days to make the average, this is important on cryptos, because there's 24h/7d of negotiation
2 - select where to anchor, because central banks uses NY 17h candle close on parities to hedge (as know to remove sunday bar)
3 - new levels to get you new reversals spots
Biotech WarningFor traders that don't like the risks of trading biotechs, but like to examine 100's or 1,000's of charts at a time, it can potentially take some time to identify if a stock is a biotech or not. This simple indicator places a large "Biotechnology Warning" on your chart if the stock you're looking at falls into this industry.
Operator Levels by Trade InsiderOperator Levels by Trade Insider
Overview
Operator Levels by Trade Insider is a breakout trading strategy designed for intraday trading on the Nifty 50 index using a 5-minute timeframe. It identifies high-probability trade setups based on the first 5-minute candle’s price range of the day, generating target levels for long and short positions. The strategy uses a customizable Simple Moving Average (SMA) for trend filtering and a strict 1:1.5 risk-to-reward validation, making it ideal for intraday traders in the Indian equity market.
Key Features
Dynamic Target Levels: Plots two sets of target levels above and below the first 5-minute candle’s range, calculated using a proprietary volatility-based multiplier to project realistic price objectives.
Trend Filtering: Uses a user-adjustable SMA (default: 24 periods) to ensure entries align with the prevailing market trend, reducing false breakouts.
Risk-to-Reward Validation: Only executes trades with a minimum 1:1.5 risk-to-reward ratio, promoting disciplined risk management.
Clean Visualization: Displays target levels as dashed lines with color-coded labels for easy identification of trade exits (Target 1, Target 2, Stop-Loss).
Customizable Settings: Allows adjustment of SMA period, position size, and risk parameters to suit different trading styles and market conditions.
What Makes It Unique?
Unlike standard breakout strategies, Operator Levels employs a proprietary multiplier derived from volatility analysis to optimize target levels for the Nifty 50’s intraday movements. The adjustable SMA period and strict 1:1.5 risk-to-reward filter enhance entry precision, reducing noise compared to traditional range breakout systems. The strategy’s minimalist design ensures actionable signals without overwhelming the chart, tailored specifically for the fast-paced 5-minute timeframe.
How to Use
Setup: Apply on a 5-minute chart for the Nifty 50 index (e.g., NSE:NIFTY). Recommended for intraday trading.
Default Settings:
Position Size: 5% of equity per trade (adjustable via default_qty_value).
SMA Period: 24 (adjustable; e.g., set to 12 for faster signals or 50 for smoother trends).
Risk-to-Reward: 1:1.5 minimum for all trades.
Trading Process:
Long Entry: Triggered when price breaks above the first 5-minute candle’s high, is above the SMA, and meets the 1:1.5 risk-to-reward ratio.
Short Entry: Triggered when price breaks below the first 5-minute candle’s low, is below the SMA, and meets the 1:1.5 risk-to-reward ratio.
Exits: Close positions at Target 1, Target 2, or Stop-Loss, with alerts set via TradingView for real-time notifications.
Integration: Combine with volume analysis or support/resistance indicators (e.g., RSI, pivot points) for confirmation of breakouts.
Example: On a Nifty 50 5-minute chart, enter a long trade when price breaks above the first candle’s high and is above the 24-period SMA, targeting the first dashed blue line (Target 1) with a stop-loss at the first candle’s low.
Backtesting Results
Test Parameters:
Symbol: NSE:NIFTY, 5-minute timeframe
Period: 6 months (January 2025–June 2025)
Initial Capital: $10,000
Commission: 0.1% per trade
Slippage: 5 ticks
Risk per Trade: 5% of equity
Results:
Total Trades: 150
Win Rate: 62%
Average Risk-to-Reward: 1.5:1
Notes: Results are based on standard candles to ensure realistic performance. Backtest on your preferred timeframe and symbol to validate suitability.
Limitations
Trade Frequency: The 5-minute timeframe generates more trades than daily charts but may still require active market sessions (e.g., 9:15 AM–3:30 PM IST) for optimal results.
Market Conditions: Breakouts may underperform in low-volatility or ranging markets; use additional confirmation (e.g., volume spikes or Nifty 50 futures data) to filter signals.
Risk Management: While the 1:1.5 risk-to-reward ratio is conservative, traders should back test and adjust position sizing and SMA period to match their risk tolerance.
