Get started

Indicators and strategies

3-Candle HH/HL or LH/LL (Number Labels Over Candles)What This Script Does: This Pine Script detects 3 consecutive candlesticks that show: Higher Highs and Higher Lows → a bullish structure Lower Highs and Lower Lows → a bearish structure When such a pattern is found, the script: Marks each of the 3 candles with a number: 1, 2, and 3 Labels appear centered on each candle (at the close price) You can adjust: Label size (tiny → huge) Background color (bullish/bearish) Text color Example: If candles form: Candle A: higher high & higher low Candle B: higher than A Candle C: higher than B Then you’ll see 1, 2, 3 labels on those candles in green (or your selected color). Same goes for a bearish pattern in red.
Pine Script® indicator
by belangoren
Live Breakout Zones (No Repaint)The Live Breakout Zones indicator is a non-repainting, real-time breakout detection tool designed to help traders identify critical price breakouts as they happen — without lag and without repainting past signals. This indicator scans recent price action to determine the highest high and lowest low over a user-defined lookback period. When price closes above the recent high or below the recent low, it immediately plots a breakout zone on the chart and provides a visual confirmation through labels and optional alerts. 🔍 Key Features: ✅ No Repainting – Signals are locked in as soon as a breakout happens; no future bar confirmation is needed. ⏱️ Minimal Lag – Reacts on breakout of recent range highs/lows without waiting for pivots or candle confirmation. 📦 Breakout Zones – Automatically draws colored rectangles showing the breakout level and zone width for clearer analysis. 🔔 Real-Time Alerts – Alerts for both bullish and bearish breakouts help you stay informed without watching the screen. ⚙️ Customizable – Adjustable lookback length, zone width, and color settings to match your strategy or chart style. 📈 Use Cases: Identify key breakout moments for entry or retest zones. Confirm breakout-based strategies in trending or consolidating markets. Use zones for setting risk-reward areas, SL/TP levels, or re-entry planning. ⚙️ Settings: Lookback Range (High/Low): Defines how many previous bars are checked for breakout levels. Zone Width: Number of bars to extend the breakout box forward. Bullish/Bearish Zone Color: Choose custom colors for breakout visualization. 🧠 Trading Tip: Combine this tool with volume spikes, tail candles, or support/resistance for more reliable breakout setups.
Pine Script® indicator
by raufaliyev1988
Heatmap w/ ATRThis script combines Heatmap Volume with a scaled ATR (Average True Range) overlay for dynamic market insight. Volume bars are color-coded based on how many standard deviations they deviate from a moving average, helping identify spikes, absorption, or anomalies. The ATR is scaled relative to the maximum volume observed to maintain visual alignment in the same pane. This allows traders to compare price volatility (ATR) against real market activity (volume) in one view. Use this overlay to: Spot high-volatility, high-conviction moves (rising ATR + red/orange bars) Detect low-volume fakeouts (high ATR, cool-colored bars) Identify compression zones before expansion (low ATR + normal volume)
Pine Script® indicator
by chrisapach
Market Generated InformationCredits Original Author: mcthatsme Remixed to add in London's High and Low Overview The Market Generated Information (MGI Levels v2) is a comprehensive technical analysis. It overlays key price levels from daily, weekly, and monthly timeframes on a chart, providing traders with critical market reference points such as Open, High, Low, Close, Volume Weighted Average Price (VWAP), and standard deviation bands. These levels help traders identify potential support, resistance, and pivot points for intraday and longer-term trading strategies. The indicator is highly customizable, allowing users to tailor the displayed levels, colors, line styles, and label settings to their preferences. Features Multi-Timeframe Levels: Displays key price levels from daily, weekly, and monthly sessions, including Open, High, Low, Close, VWAP, and VWAP standard deviation bands (SD1, SD2, SD3). Session-Based Calculations: Supports Regular Trading Hours (RTH) and Extended Trading Hours (ETH) for stocks and futures, with specific session times for New York, London, and overnight sessions. Customizable Display: Users can toggle the visibility of specific levels, adjust line styles (solid, dashed, dotted), colors, thicknesses, and label settings (size, offset, and price inclusion). Opening Range and Initial Balance: Plots the Opening Range (default: 9:30–10:00 AM EST) and Initial Balance (default: 9:30–10:30 AM EST) for intraday traders. Tested Level Tracking: Optionally tracks untested or tested levels, hiding or showing them based on user preferences. Overnight and T+2 Levels: Includes overnight high/low and T+2 (two days prior) levels for additional context. VWAP Calculations: Computes VWAP and its standard deviation bands for daily, weekly, and monthly periods. Holiday and Session Filters: Adjusts for market-specific conditions, such as Good Friday or shortened trading sessions. Inputs and Customization The indicator is organized into three main groups: Daily Levels, Weekly Levels, and Monthly Levels. Each group allows users to configure the following: Visibility: Toggle whether to show levels (e.g., Show Daily Levels, Show Weekly Levels). Session Times: Define session ranges (e.g., New York RTH: 9:30 AM–4:00 PM EST, Opening Range: 9:30–10:00 AM EST). Line and Label Settings: Customize line colors, styles (solid, dashed, dotted), thickness, label text size (Tiny, Small, Normal, Large, Huge), label offset, and whether to include price values in labels. Number of Periods: Specify how many previous days (1–40), weeks (1–20), or months (1–12) to display. Tested/Untested Levels: Choose to keep untested levels or show tested levels (Open, High, Low, Close). Timeframe for Calculations: Option to use a 30-second or 1-minute timeframe for Opening Range and Initial Balance calculations to accommodate different TradingView plans. Key Levels Daily Levels: Includes Current Day High/Low, Previous Day High/Low, Opening Range High/Mid/Low, Initial Balance High/Mid/Low, Globex Open, RTH Open, Midnight Open, London Open/Close/High/Low, Previous Day 50% (HL2/OC2), T+2 Open/Close/High/Low, Overnight High/Low, RTH Close, 5 PM Close, and VWAP with standard deviation bands. Weekly Levels: Previous Week High/Low, 50% (HL2/OC2), Current Week Open, Previous Week Close, and VWAP with standard deviation bands. Monthly Levels: Previous Month High/Low, 50% (HL2/OC2), Current Month Open, Previous Month Close, and VWAP with standard deviation bands. Troubleshooting Levels Not Displaying: Check if the timeframe is ≤ 30 minutes for daily levels and ensure session times are correct for your market. Incorrect Prices: Verify that extended hours are enabled for ETH charts or disabled for RTH-only charts. Too Many Lines/Labels: Reduce the number of previous days/weeks/months or disable unneeded levels. Session Errors: Ensure session times are in UTC-5 (New York time) and match your asset’s trading hours. License This script is licensed under the Mozilla Public License 2.0. See mozilla.org for details.
Pine Script® indicator
by shamayimshoresh
Liquidity Sweep Strategy v2 - Fixed Close LabelsThe Liquidity Sweep Strategy v2 is designed to detect stop-loss hunting behavior, commonly seen in institutional trading. It capitalizes on false breakouts beyond recent swing highs or lows (liquidity zones), which are followed by sharp reversals. This strategy is particularly effective during high-volume liquidity grabs when markets trigger stop-loss clusters and then reverse direction — a phenomenon often referred to as a liquidity sweep or stop hunt
Pine Script® strategy
by cagoswami1988
1
Multi-Timeframe EMA Overlay [Smoothed Approximation]in.tradingview.com This indicator displays Exponential Moving Averages (EMAs) from multiple timeframes (5m, 15m, 1H, 4H, 1D) on a single chart, regardless of your current timeframe. HOW IT WORKS You choose a base EMA length (e.g., 20). The script calculates equivalent lengths for other timeframes (e.g., for a 1H EMA while on a 1-minute chart: 20 × 60 = 1200 length). These adjusted EMAs are then computed and plotted — giving a continuous, smooth curve rather than a stepped line. KEY FEATURES 🟪 5m, 🟦 15m, 🟩 1H, 🟧 4H, 🟥 1D EMAs. 🧠 Smooth approximation — good for visual trend tracking without step lag. 🎛️ Toggle visibility for each timeframe EMA independently. 📈 Uses Trend Confirmation: Aligning short-term trades with higher timeframe trends (e.g., go long only when 15m & 1H EMAs are trending up). Confluence Zones: Price action near multiple EMA levels from different timeframes can indicate strong support/resistance zones. Entry Filters: Avoid trades against dominant higher timeframe trends. Example: On a 5m chart, only go long if price > 1H EMA. Reversal Watch: EMA convergence or crossovers across timeframes can signal potential trend shifts.
Pine Script® indicator
by aryakid
PE Bands w/ Persistent EPS ProxyThis Pine Script is a valuation overlay for any stock or index, built around the idea of tracking and projecting P/E (Price-to-Earnings) multiple bands using trailing EPS and a growth assumption. Here's a full breakdown: 🔍 Purpose: To visualize price bands based on valuation multiples (like 16x, 18x, 20x, etc.) of forward EPS, estimated from actual reported EPS over the last 4 quarters. 🧱 Core Components: ✅ @version=6 Specifies the latest Pine Script version (v6), ensuring compatibility with the newest syntax. ✅ indicator(...) Declares a chart overlay indicator titled 'PE Bands w/ Persistent EPS Proxy', meaning the plots will appear on top of the price chart. 1. 📈 Growth Assumption Input pinescript Copy Edit Growth = input.float(1.08, 'Growth') User input for projected forward EPS growth (default: +8%). This models earnings growth from trailing 12 months to forward 12 months. 2. 🧮 Retrieve EPS Data pinescript Copy Edit epsRaw = request.earnings(syminfo.tickerid, earnings.actual, gaps = barmerge.gaps_off) Uses the built-in request.earnings() function to fetch actual EPS. Works with any symbol that supports earnings data. barmerge.gaps_off ensures EPS only shows on report bars (not filled in between). 3. 🧠 Persistent Memory for Last 4 EPS Values pinescript Copy Edit var float eps1 = na ... if not na(epsRaw) eps4 := eps3 eps3 := eps2 eps2 := eps1 eps1 := epsRaw Implements a shift register: keeps track of the last 4 quarterly EPS values, so it can compute a full TTM (trailing 12-month) EPS even though epsRaw only updates quarterly. 4. 📊 Trailing 12-Month EPS pinescript Copy Edit epsTTM = na(eps1) or na(eps2) or na(eps3) or na(eps4) ? na : eps1 + eps2 + eps3 + eps4 Sums the most recent 4 quarters to get a TTM earnings proxy. If any value is still na, the result is na. 5. 🔮 Forward EPS Estimation pinescript Copy Edit fwdEPS = epsTTM * Growth Projects forward EPS using a growth multiplier (1.08 = +8%). You could customize this to vary over time (e.g., macro-modelled growth). 6. 📐 Valuation Bands pinescript Copy Edit pe16 = fwdEPS * 16 ... pe24 = fwdEPS * 24 Calculates price levels the stock/index would be trading at under different valuation multiples of forward EPS. These become bands: 16x, 18x, 20x, etc. 7. 📉 Plot Bands pinescript Copy Edit plot(pe16, ...) ... plot(pe24, ...) Draws horizontal or sloped bands that reflect valuation ranges. If SPX is above the 22x or 24x band, you might consider the market overvalued. If it’s near 16x, potentially undervalued (depending on forward EPS quality). ✅ Summary: This is a dynamic, earnings-based valuation overlay for use on equity or index charts. It uses: Real EPS data (as it gets reported) Persistent memory to calculate trailing 12M EPS Growth modeling to estimate forward EPS Price targets for different forward P/E multiples
Pine Script® indicator
by StonkSlinger
MFI Candles MTF TableMFI Candles + Multi-Timeframe Table | by julzALGO This open-source script visualizes the Money Flow Index (MFI) in a new format — as candles instead of a traditional oscillator line. It provides a clean, volume-driven view of momentum and pressure, ideal for traders seeking more actionable and visual cues than a typical MFI plot. What Makes It Unique: • Plots "MFI Candles" — synthetic candles based on smoothed MFI values using a selected timeframe (default: 1D), giving a new way to read volume flow. • Candles reflect momentum: green if MFI rises, red if it falls. • Background turns red when MFI is overbought (≥ 80) or green when oversold (≤ 20). Multi-Timeframe Strength Table: • Displays MFI values from 15m, 1h, 4h, and 1D timeframes — all in one dashboard. • Color-coded for quick recognition: 🔴 Overbought, 🟢 Oversold. • Values are smoothed with linear regression for better clarity. Custom Settings: • MFI calculation length • Smoothing factor • Candle source timeframe • Toggle table and OB/OS background How to Use: - Use MFI Candles to monitor momentum shifts based on money flow. - Use the Multi-Timeframe Table to identify when multiple timeframes align — helpful for timing entries and exits. - Watch the background for extreme conditions (OB/OS) that may signal upcoming reversals or pressure exhaustion. Happy Trading!
Pine Script® indicator
by julzALGO
Market Opening & Closing TimesThis indicator highlights the opening and closing times of major global markets (NYSE, LSE, Tokyo) on any chart timeframe. Users can toggle the display of lines and labels, and customize colors per market. Features: Toggle each market’s Open/Close separately Global toggles: Show/Hide all lines or labels Customizable colors for NYSE, LSE, and Tokyo markers Accurate event detection using timezone-aware timestamp checks within each bar
Pine Script® indicator
by riccardo_tempesta
Fair Value Gap (FVG) Detector — ICT SMC BasedThis is an open-source Fair Value Gap (FVG) indicator, based on the principles taught in ICT (Inner Circle Trader) and Smart Money Concepts (SMC). It identifies imbalances or inefficiencies in price action where the body/wick of the middle candle in a three-candle formation does not overlap with the first and third candles. 🔹 What is an FVG? An FVG is formed when there is a price imbalance, typically between three consecutive candles: A bullish FVG forms when the low of candle 1 is above the high of candle 3. A bearish FVG forms when the high of candle 1 is below the low of candle 3. These gaps are believed to represent areas of institutional activity and are often used as potential entries, targets, or reaction zones. 🔹 Features: Detects both bullish and bearish FVGs Clean chart visuals using colored boxes Adjustable box opacity and text alignment Option to show or hide filled FVGs Optional filter to only display gaps above a minimum size (e.g., 100 points) Multi-timeframe support (if enabled in script settings) Box label customization (text alignment: center/left/right) 🔹 How to Use: Use the indicator on any timeframe or instrument Larger gaps may indicate stronger price inefficiencies Combine with market structure, liquidity zones, or order blocks for confirmation This version is open-source, so traders can view and adapt the logic as needed. The indicator is designed for transparency, education, and clarity of Smart Money Concepts.
Pine Script® indicator
by JustJeff_TW
Multi-Confluence Swing Hunter V1# Multi-Confluence Swing Hunter V1 - Complete Description Overview The Multi-Confluence Swing Hunter V1 is a sophisticated low timeframe scalping strategy specifically optimized for MSTR (MicroStrategy) trading. This strategy employs a comprehensive point-based scoring system that combines optimized technical indicators, price action analysis, and reversal pattern recognition to generate precise trading signals on lower timeframes. Performance Highlight: In backtesting on MSTR 5-minute charts, this strategy has demonstrated over 200% profit performance, showcasing its effectiveness in capturing rapid price movements and volatility patterns unique to MicroStrategy's trading behavior. The strategy's parameters have been fine-tuned for MSTR's unique volatility characteristics, though they can be optimized for other high-volatility instruments as well. ## Key Innovation & Originality This strategy introduces a unique **dual scoring system** approach: - **Entry Scoring**: Identifies swing bottoms using 13+ different technical criteria - **Exit Scoring**: Identifies swing tops using inverse criteria for optimal exit timing Unlike traditional strategies that rely on simple indicator crossovers, this system quantifies market conditions through a weighted scoring mechanism, providing objective, data-driven entry and exit decisions. ## Technical Foundation ### Optimized Indicator Parameters The strategy utilizes extensively backtested parameters specifically optimized for MSTR's volatility patterns: **MACD Configuration (3,10,3)**: - Fast EMA: 3 periods (vs standard 12) - Slow EMA: 10 periods (vs standard 26) - Signal Line: 3 periods (vs standard 9) - **Rationale**: These faster parameters provide earlier signal detection while maintaining reliability, particularly effective for MSTR's rapid price movements and high-frequency volatility **RSI Configuration (21-period)**: - Length: 21 periods (vs standard 14) - Oversold: 30 level - Extreme Oversold: 25 level - **Rationale**: The 21-period RSI reduces false signals while still capturing oversold conditions effectively in MSTR's volatile environment **Parameter Adaptability**: While optimized for MSTR, these parameters can be adjusted for other high-volatility instruments. Faster-moving stocks may benefit from even shorter MACD periods, while less volatile assets might require longer periods for optimal performance. ### Scoring System Methodology **Entry Score Components (Minimum 13 points required)**: 1. **RSI Signals** (max 5 points): - RSI < 30: +2 points - RSI < 25: +2 points - RSI turning up: +1 point 2. **MACD Signals** (max 8 points): - MACD below zero: +1 point - MACD turning up: +2 points - MACD histogram improving: +2 points - MACD bullish divergence: +3 points 3. **Price Action** (max 4 points): - Long lower wick (>50%): +2 points - Small body (<30%): +1 point - Bullish close: +1 point 4. **Pattern Recognition** (max 8 points): - RSI bullish divergence: +4 points - Quick recovery pattern: +2 points - Reversal confirmation: +4 points **Exit Score Components (Minimum 13 points required)**: Uses inverse criteria to identify swing tops with similar weighting system. ## Risk Management Features ### Position Sizing & Risk Control - **Single Position Strategy**: 100% equity allocation per trade - **No Overlapping Positions**: Ensures focused risk management - **Configurable Risk/Reward**: Default 5:1 ratio optimized for volatile assets ### Stop Loss & Take Profit Logic - **Dynamic Stop Loss**: Based on recent swing lows with configurable buffer - **Risk-Based Take Profit**: Calculated using risk/reward ratio - **Clean Exit Logic**: Prevents conflicting signals ## Default Settings Optimization ### Key Parameters (Optimized for MSTR/Bitcoin-style volatility): - **Minimum Entry Score**: 13 (ensures high-conviction entries) - **Minimum Exit Score**: 13 (prevents premature exits) - **Risk/Reward Ratio**: 5.0 (accounts for volatility) - **Lower Wick Threshold**: 50% (identifies true hammer patterns) - **Divergence Lookback**: 8 bars (optimal for swing timeframes) ### Why These Defaults Work for MSTR: 1. **Higher Score Thresholds**: MSTR's volatility requires more confirmation 2. **5:1 Risk/Reward**: Compensates for wider stops needed in volatile markets 3. **Faster MACD**: Captures momentum shifts quickly in fast-moving stocks 4. **21-period RSI**: Reduces noise while maintaining sensitivity ## Visual Features ### Score Display System - **Green Labels**: Entry scores ≥10 points (below bars) - **Red Labels**: Exit scores ≥10 points (above bars) - **Large Triangles**: Actual trade entries/exits - **Small Triangles**: Reversal pattern confirmations ### Chart Cleanliness - Indicators plotted in separate panes (MACD, RSI) - TP/SL levels shown only during active positions - Clear trade markers distinguish signals from actual trades ## Backtesting Specifications ### Realistic Trading Conditions - **Commission**: 0.1% per trade - **Slippage**: 3 points - **Initial Capital**: $1,000 - **Account Type**: Cash (no margin) ### Sample Size Considerations - Strategy designed for 100+ trade sample sizes - Recommended timeframes: 4H, 1D for swing trading - Optimal for trending/volatile markets ## Strategy Limitations & Considerations ### Market Conditions - **Best Performance**: Trending markets with clear swings - **Reduced Effectiveness**: Highly choppy, sideways markets - **Volatility Dependency**: Optimized for moderate to high volatility assets ### Risk Warnings - **High Allocation**: 100% position sizing increases risk - **No Diversification**: Single position strategy - **Backtesting Limitation**: Past performance doesn't guarantee future results ## Usage Guidelines ### Recommended Assets & Timeframes - **Primary Target**: MSTR (MicroStrategy) - 5min to 15min timeframes - **Secondary Targets**: High-volatility stocks (TSLA, NVDA, COIN, etc.) - **Crypto Markets**: Bitcoin, Ethereum (with parameter adjustments) - **Timeframe Optimization**: 1min-15min for scalping, 30min-1H for swing scalping ### Timeframe Recommendations - **Primary Scalping**: 5-minute and 15-minute charts - **Active Monitoring**: 1-minute for precise entries - **Swing Scalping**: 30-minute to 1-hour timeframes - **Avoid**: Sub-1-minute (excessive noise) and above 4-hour (reduces scalping opportunities) ## Technical Requirements - **Pine Script Version**: v6 - **Overlay**: Yes (plots on price chart) - **Additional Panes**: MACD and RSI indicators - **Real-time Compatibility**: Confirmed bar signals only ## Customization Options All parameters are fully customizable through inputs: - Indicator lengths and levels - Scoring thresholds - Risk management settings - Visual display preferences - Date range filtering ## Conclusion This scalping strategy represents a comprehensive approach to low timeframe trading that combines multiple technical analysis methods into a cohesive, quantified system specifically optimized for MSTR's unique volatility characteristics. The optimized parameters and scoring methodology provide a systematic way to identify high-probability scalping setups while managing risk effectively in fast-moving markets. The strategy's strength lies in its objective, multi-criteria approach that removes emotional decision-making from scalping while maintaining the flexibility to adapt to different instruments through parameter optimization. While designed for MSTR, the underlying methodology can be fine-tuned for other high-volatility assets across various markets. **Important Disclaimer**: This strategy is designed for experienced scalpers and is optimized for MSTR trading. The high-frequency nature of scalping involves significant risk. Past performance does not guarantee future results. Always conduct your own analysis, consider your risk tolerance, and be aware of commission/slippage costs that can significantly impact scalping profitability.
Pine Script® strategy
by Quant_Trading_Pro
3
MABB55 Full-CrossIndicates when the MABB55 crosses the: MABB13 MABB21 EMA8 When a full crossover happens, where the long-term average (MABB 55) moves above or below the faster ones (EMA 8, MABB 13, and 21) it means the trend has shifted so strongly and consistently that it overcomes short-term price movement. That kind of shift usually signals a trend reversal. Bullish reversals with the MABB55 crossing from above, indicated by a green arrowl. Bearish reversals with the MABB55 crossing from below, indicated by a red arrow.
Pine Script® indicator
by chrisapach
1
Position Trading Strategy - EMA + FVGMulti-Timeframe Momentum & Pattern Recognition System This comprehensive trading indicator combines multiple technical analysis components to identify high-probability entry and exit signals for Bitcoin and other assets. The system utilizes: LuxAlgo Fair Value Gap Detection - Identifies institutional order flow imbalances Hull Suite & MACD Integration - Confirms trend direction and momentum shifts Pyramid Scoring System - Ranks signal strength using multiple confluences Smart Position Management - Provides clear long/short entry and exit alerts Visual Market Structure - Displays key support/resistance levels and gap zones The indicator generates scored signals based on the alignment of trend, momentum, and market structure, helping traders identify optimal entry points while managing risk through systematic exit conditions. Perfect for swing trading and scalping strategies on multiple timeframes. Best Used For: BTC/USD, major forex pairs, and liquid cryptocurrency markets Recommended Timeframes: 5M, 15M, 1H for optimal signal accuracy
Pine Script® indicator
by dadaisthelimit
ROGUE ICT PRORogue ICT PRO — Smart Money Confluence Tool The Rogue ICT Buy/Sell indicator is a precision-built, multi-confirmation tool inspired by Inner Circle Trader (ICT) concepts. It identifies high-probability trade setups using market structure, fair value gaps, killzone sessions, and higher timeframe trend alignment. ✅ Core Features 🔹 Market Structure Shift (MSS) Detects clean breaks of swing highs or lows, indicating potential trend continuation or reversal. 🔹 Fair Value Gap Detection (FVG) Automatically highlights institutional imbalances — essential ICT confluence zones. 🔹 Smart Killzone Filtering Signals only trigger during high-liquidity sessions: Asian (19:00–22:00) London (02:00–05:00) New York (07:00–10:00) Each session is color-highlighted on the chart. 🔹 HTF EMA Bias Filter Only trades in the direction of the Higher Timeframe 50 EMA (e.g., 1H on 5M chart). This ensures entries align with institutional directional bias. I have default set to the Daily 9 EMA but can be changed to your preference. 🔹 ATR-Based Stop Loss & Take Profit Lines SL is calculated using ATR × multiplier TP is placed using a customizable Risk-Reward Ratio Both levels are plotted on the chart with "SL" and "TP" labels. 🔹 Cooldown Logic Prevents overtrading by requiring a minimum number of bars between each signal.
Pine Script® indicator
by RogueLLC33