ZRK 1hr candleThis indicator overlays consecutive 1-hour candles on any intraday chart, showing both the real-time forming candle and past hourly candles. Each candle includes a body (open to close) and wick (high to low), aligned perfectly to hourly time. Bullish candles are dark blue, bearish candles are dark purple, with matching wick colors for clear visual distinction.
Trend Analysis
Custom DeMarker🔹 What does this indicator do?
✅ It shows the DeMarker line.
✅ It gives a buy signal below 0.30, a sell signal above 0.70.
✅ It shows signals with arrows on the chart.
Supertrend + MACD with Advanced FiltersDetailed Guide
1. Indicator Overview
Purpose:
This enhanced indicator combines Supertrend and MACD to signal potential trend changes. In addition, it now includes several extra filters for more reliable signals:
Multi-Timeframe (MTF) Confirmation: Checks a higher timeframe’s trend.
ADX (Momentum) Filter: Ensures the market is trending strongly.
Dynamic Factor Adjustment: Adapts the Supertrend sensitivity to current volatility.
Volume Filter: Verifies that current volume is above average.
Each filter can be enabled or disabled according to your preference.
How It Works:
The Supertrend calculates dynamic support/resistance levels based on ATR and an adjustable factor, while MACD identifies momentum shifts via its crossovers. The additional filters then confirm whether the conditions meet your criteria for a trend change. If all enabled filters align, the indicator plots a shape and triggers an alert.
2. Supertrend Component with Dynamic Factor
Base Factor & ATR Period:
The Supertrend uses these inputs to compute its dynamic bands.
Dynamic Factor Toggle:
When enabled, the factor is adjusted by comparing the current ATR to its simple moving average. This makes the indicator adapt to higher or lower volatility conditions, helping to reduce false signals.
3. MACD Component
Parameters:
Standard MACD settings (Fast MA, Slow MA, Signal Smoothing) determine the responsiveness of the MACD line. Crossovers between the MACD line and its signal line indicate potential trend reversals.
4. Multi-Timeframe (MTF) Filter
Function:
If enabled, the indicator uses a higher timeframe’s simple moving average (SMA) to confirm the prevailing trend.
Bullish Confirmation: The current close is above the higher timeframe SMA.
Bearish Confirmation: The current close is below the higher timeframe SMA.
5. ADX Filter (Momentum)
Custom Calculation:
Since the built-in ta.adx function may not be available, a custom ADX is calculated. This involves:
Determining positive and negative directional movements (DMs).
Smoothing these values to obtain +DI and -DI.
Calculating the DX and then smoothing it to yield the ADX.
Threshold:
Only signals where the ADX exceeds the set threshold (default 20) are considered valid, ensuring that the market is trending strongly enough.
6. Volume Filter
Function:
Checks if the current volume exceeds the average volume (SMA) multiplied by a specified factor. This helps confirm that a price move is supported by sufficient trading activity.
7. Combined Signal Logic & Alerts
Final Signal:
A bullish signal is generated when:
MACD shows a bullish crossover,
Supertrend indicates an uptrend,
And all enabled filters (MTF, ADX, volume) confirm the signal.
The bearish signal is generated similarly in the opposite direction.
Alerts:
Alert conditions are set so that TradingView can notify you via pop-up, email, or SMS when these combined conditions are met.
8. User Adjustments
Toggle Filters:
Use the on/off switches for MTF, ADX, and Volume filters as needed.
Parameter Tuning:
Adjust the ATR period, base factor, higher timeframe settings, ADX period/threshold, and volume multiplier to match your trading style and market conditions.
Backtesting:
Always backtest your settings to ensure that they perform well with your strategy.
SIE Rang Pandey Custom KC (5 Bands)This is 5 band Custom Keltner Channel Indicator.
Made for Smart Index Edge.
Source - Close Price.
SENEE Buy Sell Signal Easy to use:
Buy signal has appeared >>> open long position
Sell signal has appeared >>> open short position
Green ext signal has appeared >>> close long position
Red ext signal has appeared >>> close short position
The colour is an analysis of the trend:
Green bars >>> Up trend
Red bars >>> Down trend
White bars >>> side way
Blue bars >>> Overbought
Orange bars >>> Oversold
How to be setting:
Candles period is Calculation range >>> up to you
Overbought oversold sensitivity is Sensitivity of calculation of
Overbought and Oversold zone
Signal sensitivity is Sensitivity of calculation of Buy,Sell and ext signals
///// Good luck /////
Composite Reversal IndicatorOverview
The "Composite Reversal Indicator" aggregates five technical signals to produce a composite score that ranges from -5 (strongly bearish) to +5 (strongly bullish). These signals come from:
Relative Strength Index (RSI)
Moving Average Convergence Divergence (MACD)
Accumulation/Distribution (A/D)
Volume relative to its moving average
Price proximity to support and resistance levels
Each signal contributes a value of +1 (bullish), -1 (bearish), or 0 (neutral) to the total score. The raw score is plotted as a histogram, and a smoothed version is plotted as a colored line to highlight trends.
Step-by-Step Explanation
1. Customizable Inputs
The indicator starts with user-defined inputs that allow traders to tweak its settings. These inputs include:
RSI: Length (e.g., 14), oversold level (e.g., 30), and overbought level (e.g., 70).
MACD: Fast length (e.g., 12), slow length (e.g., 26), and signal length (e.g., 9).
Volume: Moving average length (e.g., 20) and multipliers for high (e.g., 1.5) and low (e.g., 0.5) volume thresholds.
Price Levels: Period for support and resistance (e.g., 50) and proximity percentage (e.g., 2%).
Score Smoothing: Length for smoothing the score (e.g., 5).
These inputs make the indicator adaptable to different trading styles, assets, or timeframes.
2. Indicator Calculations
The script calculates five key indicators using the input parameters:
RSI: Measures momentum and identifies overbought or oversold conditions.
Formula: rsi = ta.rsi(close, rsi_length)
Example: With a length of 14, it analyzes the past 14 bars of closing prices.
MACD: Tracks trend and momentum using two exponential moving averages (EMAs).
Formula: = ta.macd(close, macd_fast, macd_slow, macd_signal)
Components: MACD line (fast EMA - slow EMA), signal line (EMA of MACD line).
Accumulation/Distribution (A/D): A volume-based indicator showing buying or selling pressure.
Formula: ad = ta.accdist
Reflects cumulative flow based on price and volume.
Volume Moving Average: A simple moving average (SMA) of trading volume.
Formula: vol_ma = ta.sma(volume, vol_ma_length)
Example: A 20-bar SMA smooths volume data.
Support and Resistance Levels: Key price levels based on historical lows and highs.
Formulas:
support = ta.lowest(low, price_level_period)
resistance = ta.highest(high, price_level_period)
Example: Over 50 bars, it finds the lowest low and highest high.
These calculations provide the raw data for generating signals.
3. Signal Generation
Each indicator produces a signal based on specific conditions:
RSI Signal:
+1: RSI < oversold level (e.g., < 30) → potential bullish reversal.
-1: RSI > overbought level (e.g., > 70) → potential bearish reversal.
0: Otherwise.
Logic: Extreme RSI values suggest price may reverse.
MACD Signal:
+1: MACD line > signal line → bullish momentum.
-1: MACD line < signal line → bearish momentum.
0: Equal.
Logic: Crossovers indicate trend shifts.
A/D Signal:
+1: Current A/D > previous A/D → accumulation (bullish).
-1: Current A/D < previous A/D → distribution (bearish).
0: Unchanged.
Logic: Rising A/D shows buying pressure.
Volume Signal:
+1: Volume > high threshold (e.g., 1.5 × volume MA) → strong activity (bullish).
-1: Volume < low threshold (e.g., 0.5 × volume MA) → weak activity (bearish).
0: Otherwise.
Logic: Volume spikes often confirm reversals.
Price Signal:
+1: Close near support (within proximity %, e.g., 2%) → potential bounce.
-1: Close near resistance (within proximity %) → potential rejection.
0: Otherwise.
Logic: Price near key levels signals reversal zones.
4. Composite Score
The raw composite score is the sum of the five signals:
Formula: score = rsi_signal + macd_signal + ad_signal + vol_signal + price_signal
Range: -5 (all signals bearish) to +5 (all signals bullish).
Purpose: Combines multiple perspectives into one number.
5. Smoothed Score
A smoothed version of the score reduces noise:
Formula: score_ma = ta.sma(score, score_ma_length)
Example: With a length of 5, it averages the score over 5 bars.
Purpose: Highlights the trend rather than short-term fluctuations.
6. Visualization
The indicator plots two elements:
Raw Score: A gray histogram showing the composite score per bar.
Style: plot.style_histogram
Color: Gray.
Smoothed Score: A line that changes color:
Green: Score > 0 (bullish).
Red: Score < 0 (bearish).
Gray: Score = 0 (neutral).
Style: plot.style_line, thicker line (e.g., linewidth=2).
These visuals make it easy to spot potential reversals.
How It Works Together
The indicator combines signals from:
RSI: Momentum extremes.
MACD: Trend shifts.
A/D: Buying/selling pressure.
Volume: Confirmation of moves.
Price Levels: Key reversal zones.
By summing these into a composite score, it filters out noise and provides a unified signal. A high positive score (e.g., +3 to +5) suggests a bullish reversal, while a low negative score (e.g., -3 to -5) suggests a bearish reversal. The smoothed score helps traders focus on the trend.
Practical Use
Bullish Reversal: Smoothed score is green and rising → look for buying opportunities.
Bearish Reversal: Smoothed score is red and falling → consider selling or shorting.
Neutral: Score near 0 → wait for clearer signals.
Traders can adjust inputs to suit their strategy, making it versatile for stocks, forex, or crypto.
Average Directional Movement Index (ADX)here is new updated ADX
add bollinger band with Adx
Adx line when going up from 20 level
keep eyes on this
watch d+ green line and red line behaviour
if green line going up ten market goes to upword
if red line also going up market going to down
「ᴋᴇʏ ʟᴇᴠᴇʟꜱ」Key Levels for DAX with Alerts function.
This shows potential reversal points designed to be used with the DAX index. Use additional indicators as confluence.
MA Trend ScoreA Trend Score Indicator inspired by an interview by Navy Ramavat, where I liked the idea presented and decided to publish a script for it.
Disclaimer: I am not associated with Navy Ramavat in any manner.
The goal is to objectify the trend of an instrument and calculate a score which represents the trend strength and direction.
The score is calculated as follows:
If price is > EMA 20 add 1 to the score
If price is > EMA 50 add 1 to the score
If price is > EMA 100 add 1 to the score
If EMA 20 is > EMA 50 add 1 to the score
If EMA 20 is > EMA 100 add 1 to the score
If EMA 50 is > EMA 100 add 1 to the score
If EMA 20 is < EMA 50 deduct 1 from the score
If EMA 20 is < EMA 100 deduct 1 from the score
If EMA 50 is < EMA 100 deduct 1 from the score
The highest score can be 6, and lowest score can be -6
The trend score can be used as per your discretion on the long and short side.
An example of using the trend score on the long side for position sizing is:
100% position size if Score greater than 4
75% position size if Score between 2-4
50% position size if Score between 0-2
25% position size if Score between 0 and -2
0% position size if Score is less than -2
SMA TrendThe SMA Trend indicator is a powerful tool designed to help traders identify trends and potential trading opportunities using Simple Moving Averages (SMAs). This indicator overlays three SMAs with periods of 30, 50, and 100 directly on the price chart, each displayed in a distinct color for easy interpretation.
EMA 10/55/200 - LONG ONLY MTF (4h with 1D & 1W confirmation)Title: EMA 10/55/200 - Long Only Multi-Timeframe Strategy (4h with 1D & 1W confirmation)
Description:
This strategy is designed for trend-following long entries using a combination of exponential moving averages (EMAs) on the 4-hour chart, confirmed by higher timeframe trends from the daily (1D) and weekly (1W) charts.
🔍 How It Works
🔹 Entry Conditions (4h chart):
EMA 10 crosses above EMA 55 and price is above EMA 55
OR
EMA 55 crosses above EMA 200
OR
EMA 10 crosses above EMA 500
These entries indicate short-term momentum aligning with medium/long-term trend strength.
🔹 Confirmation (multi-timeframe alignment):
Daily (1D): EMA 55 is above EMA 200
Weekly (1W): EMA 55 is above EMA 200
This ensures that we only enter long trades when the higher timeframes support an uptrend, reducing false signals during sideways or bearish markets.
🛑 Exit Conditions
Bearish crossover of EMA 10 below EMA 200 or EMA 500
Stop Loss: 5% below entry price
⚙️ Backtest Settings
Capital allocation per trade: 10% of equity
Commission: 0.1%
Slippage: 2 ticks
These are realistic conditions for crypto, forex, and stocks.
📈 Best Used On
Timeframe: 4h
Instruments: Trending markets like BTC/ETH, FX majors, or growth stocks
Works best in volatile or trending environments
⚠️ Disclaimer
This is a backtest tool and educational resource. Always validate on demo accounts before applying to real capital. Do your own due diligence.
SMA Area ColorThis indicator plots two user‐selectable Simple Moving Averages (SMAs) on your chart and then fills the space between them with different colors based on whether the shorter SMA is above or below the longer SMA, and whether the current price is above or below that shorter SMA. This color‐coded background quickly highlights bullish or bearish shifts, making it easier to see changes in trend or momentum at a glance.
SMA 3/14 Crossover with Shaded AreaThis is a momentum indicator that shows the 3/14 SMA with buy and sell signals. The shaded area is blue to indicate a bullish trend and red to indicate a bearish trend.
Ersin Efsanesi Stratejisi v1.0This strategy uses moving averages, RSI, and volume analysis to identify potential buy and sell signals. It aims to find market trends and provide trading opportunities based on specific technical indicators.
Ranked Parabolic Curve Detector (Adaptive + Reversion Aware)The Parabolic Curve Detector is a smart, adaptable trading signal engine designed to help you spot true momentum — not the flashy head-fakes, but sustained, accelerating moves that have the potential to go parabolic. Whether you’re new to trading or looking to sharpen your edge, this tool combines a suite of time-tested and modern techniques into one unified signal, all while adjusting to changing market conditions.
The core idea is simple: detect when price is not just rising, but accelerating, like a curve bending upward. To do that, the script analyzes the log of price and calculates both:
Slope1: how fast the price is moving (momentum)
Slope2: how fast that momentum is changing (acceleration)
Over a user-defined number of bars (which amounts to sensitivity ), the script checks for consistency. So, for example, if both slope1 and slope2 have been positive for 4 bars, that’s a strong signal.
But it doesn’t stop there.
The key is weighted Intelligence
What makes this tool uniquely customizable is that each layer of signal logic is weighted:
Slope1 and Slope2: You can assign how much these matter (e.g., 60% for slope1, 20% for slope2)
Ichimoku Trend Filter: A bullish setup (Tenkan > Kijun) can contribute to the total score
RSI Context: The indicator checks for overextension (RSI > 70 and falling) and mean-reversion potential (RSI < 45 and rising), adjusting scores accordingly
You can fine-tune these weights to match your trading style — whether you prefer to catch early momentum, ride mature trends, or fade reversals.
Finally, there is adaptive Intelligence . This isn’t a static signal. The indicator auto-adjusts its strictness using:
Slope Flip Rate: If price changes direction frequently, the required bar count increases
Volatility (ATR): In volatile markets, the threshold for signal confirmation tightens to avoid noise
You can turn this adaptive behavior on or off. When enabled, it makes the script self-tuning across timeframes — more reactive on clean moves, more skeptical in chop.
How to Use It
Start on a log-scaled daily chart
Enable the indicator and optionally turn on Adaptive Sensitivity
Look for:
Green Circles = bullish signal with favorable RSI + trend
Orange Circles = still bullish, but possibly overextended
For bearish setups, enable Parabolic Drops in settings
I am still experimenting with it, so if you find a better way to use it, let us know!
My suggested tweaks :
sensitivity: 3–5 for normal, higher for stricter
signalThreshold: 0.7–0.85 depending on how picky you want to be
Weights for slope1/slope2/trend
RSI boost/penalty levels
AI Trend Momentum SniperThe AI Trend Momentum Sniper is a powerful technical analysis tool designed for day trading. This strategy combines multiple momentum and trend indicators to identify high-probability entry and exit points. The indicator utilizes a combination of Supertrend, MACD, RSI, ATR (Average True Range), and On-Balance Volume (OBV) to generate real-time signals for buy and sell opportunities.
Key Features:
Supertrend for detecting market direction (bullish or bearish).
MACD for momentum confirmation, highlighting changes in market momentum.
RSI to filter out overbought/oversold conditions and ensure high-quality trades.
ATR as a volatility filter to adjust for changing market conditions.
OBV (On-Balance Volume) to confirm volume strength and trend validity.
Dynamic Stop-Loss & Take-Profit based on ATR to manage risk and lock profits.
This indicator is tailored for intraday traders looking for quick market moves, especially in volatile and high liquidity assets like Bitcoin (BTC) and Ethereum (ETH). It helps traders capture short-term trends with efficient risk management tools.
How to Apply:
Set Your Chart: Apply the AI Trend Momentum Sniper to a 5-minute (M5) or 15-minute (M15) chart for optimal performance.
Buy Signal: When the indicator generates a green arrow below the bar, it indicates a buy signal based on positive trend and momentum alignment.
Sell Signal: A red arrow above the bar signals a sell condition when the trend and momentum shift bearish.
Stop-Loss and Take-Profit: The indicator automatically calculates dynamic stop-loss and take-profit levels based on the ATR value for each trade, ensuring proper risk management.
Alerts: Set up custom alerts for buy or sell signals, and get notified instantly when opportunities arise.
Best Markets for Use:
BTC/USDT, ETH/USDT – High liquidity and volatility.
Major altcoins with sufficient volume.
Avoid using it on low-liquidity assets where price action may become erratic.
Timeframes:
This indicator is best suited for lower timeframes (5-minute to 15-minute charts) to capture quick price movements in trending markets.
ZRK 30m This TradingView indicator draws alternating 30-minute boxes aligned precisely to real clock times (e.g., 10:00, 10:30, 11:00), helping traders visually segment intraday price action. It highlights every other 30-minute block with customizable colors, line styles, and opacity, allowing users to clearly differentiate between trading intervals. The boxes automatically adjust based on the chart’s timeframe, maintaining accuracy on 1-minute to 60-minute charts. Optional time labels can also be displayed for additional context. This tool is useful for identifying patterns, measuring volatility, or applying breakout strategies based on defined, consistent time windows across global trading sessions.
Granular MA Ribbon🎗️ The Granular MA Ribbon provides a structured view of price action on lower timeframes by incorporating both price-based and volume-weighted moving averages, offering a more nuanced view of market trends and momentum shifts. Furthermore, by using 15-minute intervals for its calculations, it ensures that intraday traders receive a smooth and responsive representation of higher timeframe trends.
⚠️ Note that this indicator is specifically optimized for the 15-minute and 1-hour charts; applying it to longer or shorter periods will distort its calculations and reduce its effectiveness. Adjust visibility settings accordingly.
🧰 Unlike traditional moving averages that may lag or fail to reflect real-time shifts in price dynamics, the Granular MA Ribbon includes a one-day exponential moving average (1D EMA), a one-day volume-weighted moving average (1D VWMA), and a one-week exponential moving average (1W EMA). Together, these elements allow traders to stay aligned with the broader market while making precise intraday trading decisions.
🤷🏻 Why Two Daily Moving Averages?
🔊 Instead of relying on a single moving average, this indicator uses both an EMA and a VWMA to provide a clearer picture of price movement. The EMA reacts quickly to price changes, making it a useful tool for identifying short-term momentum shifts. The VWMA, meanwhile, accounts for volume, ensuring that price movements supported by higher trading activity carry greater weight in the trend calculation.
💪🏻 When the EMA and VWMA diverge significantly, it signals strong momentum. If they begin to converge, it suggests that momentum is weakening or that price may be entering consolidation. The space between these two moving averages is filled with a ribbon, making it easier to see shifts in trend strength. A wide ribbon typically indicates strong momentum, while a narrowing ribbon suggests the trend may be losing steam.
🧮 Calculation Rationale
🔎 The 1D EMA and 1D VWMA are constructed using 15-minute blocks to maintain accuracy on lower timeframes. A full trading day consists of 96 fifteen-minute intervals. Instead of relying on daily candle data, which would reduce the granularity of the moving averages, this method allows the indicator to reflect intra-day trends more accurately. By breaking the day into smaller increments, the moving averages adapt more smoothly to changes in price and volume, making them more reliable for traders working on shorter timeframes.
🔍 The weekly EMA follows the same logic, adjusting based on the selected five-day or seven-day setting. If the market follows a standard five-day trading week, the one-week EMA is calculated using 480 fifteen-minute bars. If the market trades seven days a week, such as in crypto, the weekly EMA is adjusted accordingly to reflect 672 fifteen-minute bars. This setting ensures that traders using the indicator across different asset classes receive accurate trend information.
🫤 Sideways Markets
🔄 When the broader market is in a range-bound state, with no clear trend on the one-day or one-week chart, this indicator helps traders make sense of the short-term price structure. In these conditions, the ribbon will often appear flat, with the 1D EMA and 1D VWMA frequently crossing each other. This suggests that momentum is weak and that price action lacks a strong directional bias.
⚠️ A narrowing ribbon in a sideways market indicates reduced volatility and a potential breakout. If the EMA crosses above the VWMA during consolidation, it may signal a short-term upward move, especially if volume begins to increase. Conversely, if the EMA moves below the VWMA, it could indicate that selling pressure is increasing. However, in choppy conditions, crossovers alone are not enough to confirm a trade. Traders should wait for additional confirmation, such as a breakout from a defined range or a shift in volume.
♭ If the weekly EMA remains flat while the daily ribbon fluctuates, it confirms that the market lacks a strong trend. In such cases, traders may consider fading moves near the top and bottom of a range rather than expecting sustained breakouts.
💹 Trending Markets
🏗️ When the market is in a strong uptrend or downtrend, the ribbon takes on a more structured shape. A widening ribbon that slopes upward signals strong bullish momentum, with price consistently respecting the 1D EMA and VWMA as support. In a downtrend, the ribbon slopes downward, acting as dynamic resistance.
📈 In trending conditions, traders can use the ribbon to time pullback entries. In an uptrend, price often retraces to the VWMA before resuming its upward move. If price holds above both the EMA and VWMA, the trend remains strong. If price begins to close below the VWMA but remains above the EMA, it suggests weakening momentum but not necessarily a reversal. A clean break below both moving averages indicates a shift in trend structure.
📊 The one-week EMA serves as a higher timeframe guide. When price remains above the weekly EMA, it confirms that the broader trend is intact. If price pulls back to the weekly EMA and bounces, it can provide a high-confidence trade entry. Conversely, if price breaks below the weekly EMA and fails to reclaim it, it suggests that the trend may be reversing.
⏳ 5-Day and 7-Day Week Variants
🎚️ The setting for a five-day or seven-day trading week adjusts the calculation of the one-week EMA. This ensures that the indicator remains accurate across different asset classes.
5️⃣ A five-day trading week is appropriate for stocks, futures, and forex markets, where trading pauses on weekends. Using a seven-day week for these markets would create artificial distortions by including non-trading days. 7️⃣ In contrast, the seven-day week setting is ideal for crypto markets, which trade continuously. Without this adjustment, the weekly EMA would fail to reflect weekend price action, leading to misleading trend signals.
🧐 This indicator is expressly designed to complement its higher timeframe counterpart, the Triple Differential Moving Average Braid, optimized for the 1-Day chart.
RSI + SAR + VOLUMEThis script is a clean and professional signal generator that combines multiple technical factors to identify high-probability entries.
🔹 Buy/Sell signals are triggered when all of the following conditions are met:
• RSI is rebounding from a configurable zone (default: 40–60)
• Parabolic SAR confirms trend direction
• Candle body is strong (closing above/below 50% of its range)
• Volume is above its 20-period average (optional)
• Volume is higher than the previous N candles (optional, default: 1)
• Signals are rate-limited to avoid repetition within the next N candles (default: 7)
🎛️ All key settings are customizable through the script's input panel.
🚫 No repainting. No lagging oscillators. Only fresh conditions based on current price action.
Ideal for scalping, swing trading, and as a confirmation layer within larger systems.
✅ Clean chart. ✅ Alert-ready. ✅ Code optimized for TradingView Pine Script v6.
— Developed with precision and purpose by Israel Orozco
📈 Focused on clean, reliable and actionable signals
💡 For feedback, improvements, or collaboration, feel free to reach out!
🧠 “Trade logic, not emotion.”
HB Inside BarThe indicator highlights inside bar patterns that can be used to identify price direction. This indicator supports alerts so that if you trade inside bars you can set an alert to be notified when one has formed.
US30 1-min Strategy with TP/SL, Grades, Alerts🟢 Grade A (Strongest)
• Candle is very large (body is 2x the 20-bar average)
• Volume rising
• RSI strongly confirms direction (RSI > 55 or < 45)
🟠 Grade B (Moderate)
• Candle is large
• Volume rising
• RSI confirms trend (but not as strong as A)
🟡 Grade C (Weak)
• Candle is large
• Volume rising or RSI confirms (not both)
You can select which grades to trade (A, B, C) from the strategy settings.
💰 Risk Management
• Take Profit: Default = 0.5%
• Stop Loss: Default = 0.3%
TP and SL are applied as percentage of entry price. You can adjust both in the strategy settings.
Trade Alerts & Visuals
• Labels appear on the chart when a trade is triggered (green for longs, red for shorts, with grade label)
• Alerts are sent using the alert() function, which you can link to popups, emails, or mobile notifications via TradingView
🧭 Strategy Use Case
This strategy is ideal for:
• Scalping US30 during high-volume sessions
• Traders who prefer rules-based setups with clear grading and confirmation
• Running backtests in TradingView with risk controls and performance analysis
HOSSA High-Low LevelsHOSSA High-Low Levels – How It Works and How to Use It
The HOSSA High-Low Levels indicator gives you three different ways to plot key price levels on your chart, all based on a higher timeframe candle you select. It can help you spot important support and resistance zones, potential expansion levels, or key reference points (high, low, open, close) to aid in your technical analysis.
1. Modes of Operation
Resistance
In this mode, the indicator measures the range between the previous candle’s high and low (on your chosen higher timeframe).
It then projects multiple lines above and below that range (both “positive” and “negative” expansions).
This allows you to visualize potential resistance/support areas at intervals like +25%, +50%, +100%, -25%, -50%, etc., relative to that candle’s range.
Fibonacci
This mode also takes the candle’s high and low, then applies Fibonacci retracement and extension levels (including negative extensions).
You’ll see levels such as 0.236, 0.382, 0.5, 0.618, 1.272, 1.618, and more plotted on your chart.
These can be useful for identifying potential reversal or continuation zones based on Fibonacci theory.
High-Low-Open-Close
In this simpler mode, the script plots just four lines at the higher timeframe candle’s high, low, open, and close.
This gives you clean reference levels for intraday trading or any lower timeframe analysis.
2. Selecting Your Higher Timeframe
Higher Timeframe Input: The script uses the high, low, open, and close of the candle from the timeframe you choose (default is 240 minutes, i.e., 4 hours).
These reference points form the basis of how the indicator calculates its lines in each mode.
3. How to Use It in Your Analysis
Detect Potential Support/Resistance
In Resistance or Fibonacci mode, look for price reactions around these plotted lines. If price stalls or reverses, those levels may act as support or resistance.
Identify Trade Targets and Stop Areas
Projected lines (especially in Resistance or Fibonacci mode) can serve as logical areas for placing stop-loss or take-profit orders.
Combine with Price Action
If using High-Low-Open-Close, you might watch for breakouts or bounces near the higher timeframe candle’s open/close.
Combining these key levels with candlestick patterns or volume can enhance your conviction for entries or exits.
Multi-Timeframe Context
While your main chart might be on a shorter timeframe (e.g., 15 minutes), the lines from a higher timeframe candle (e.g., 4 hours) add valuable “bigger picture” context to refine your trades.
4. Tips for Best Practice
Experiment with Different Timeframes: If the 4-hour candle levels aren’t aligning well with your style, consider daily or weekly candles to see broader market structure.
Color Coding: The script automatically colors lines based on their significance in each mode (e.g., highs in one color, lows in another). This makes it easier to quickly identify critical price references.
Alert Combinations: Although this script doesn’t directly create alerts, you can combine it with TradingView’s alert system (e.g., “Crossing” a plotted level) to get notified if price tests a key zone.
By using HOSSA High-Low Levels, you’ll have a flexible tool to easily project important price lines on your chart – whether those lines are expansions of a range, Fibonacci retracements and extensions, or simply the previous candle’s high, low, open, and close. This can help you trade more confidently by giving you clear, higher timeframe reference points.
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