Stochastic RSI with Separate Cross HighlightsStochastic RSI with Separate Cross Highlights
This script overlays the Stochastic RSI indicator on your chart, with separate cross highlights and alerts. The Stochastic RSI is calculated using the RSI (Relative Strength Index) as the base, which is then used to compute the Stochastic %K and %D values. The indicator allows for detailed crossovers and crossunders at the 50 level, with color-coded highlights for crossovers and crossunders between the %K and %D lines.
Key Features:
RSI Source: Customizable input for the source of RSI calculation.
Stochastic RSI: Displays the %K and %D lines based on the Stochastic RSI formula.
Customizable Periods: Adjustable smoothing for the %K and %D lines, and customizable lengths for the RSI and Stochastic components.
Cross Highlights: Background highlights when %K crosses above %D (green) or when %D crosses above %K (red).
Horizontal Bands: Horizontal lines at the 80 (Upper), 50 (Middle), and 20 (Lower) levels, with a shaded background between the 20 and 80 levels for visual clarity.
Alerts: Alerts when either %K or %D crosses the 50 line, indicating potential changes in momentum.
Inputs:
K (SmoothK): Smoothing period for %K.
D (SmoothD): Smoothing period for %D.
RSI Length (lengthRSI): The period for the RSI calculation.
Stochastic Length (lengthStoch): The period for the Stochastic calculation.
RSI Source (src): The source price used for RSI calculation (e.g., Close).
This script is designed for traders looking to monitor the Stochastic RSI along with cross signals and momentum shifts, helping to identify potential overbought or oversold conditions and spot key trend reversals.
Trend Analysis
Ghost MA + Momentum + Fib TP/SL + DashboardSOP
1. Trend:
🟢 UPTREND – Price is forming higher highs and higher lows.
🔴 DOWNTREND – Price is forming lower highs and lower lows.
⚪️ SIDEWAYS or Wait – No clear structure, wait for confirmation.
✅ This helps determine your bias: Only Buy in uptrend, only Sell in downtrend.
_rerun Day trade signalsThis strategy is designed for day trading index funds like SPX, SPY, QQQ, and others on a 10-minute timeframe. It uses simple indicators like EMA crossovers and RSI to identify solid entry points during bullish trends. The strategy aims to capture quick profits while minimizing risk, using multiple exit points to lock in gains and protect capital. By focusing on well-timed entries and exits, it ensures high probability trades with manageable risk.
The system is built for options traders buying contracts in multiples of 3, with three clearly defined profit-taking exits. The first exit locks in a quick gain, the second captures a larger move, and the final exit uses a trailing stop to ride further upside. This approach balances early profit-taking with letting profits run, making it a robust strategy for volatile markets.
WaveTrend + Stoch RSI Oscillator (Duck v6)The "WaveTrend + Stoch RSI Oscillator (Duck v6)" is a versatile technical analysis tool that combines the WaveTrend oscillator and Stochastic RSI to generate trading signals. It lets you customize key parameters for detecting overbought/oversold levels, plots distinct oscillator lines (WT1 & WT2), and marks both primary and secondary buy/sell signals. Additionally, it identifies clusters of buy signals within a three-day window, highlighting potential trading opportunities with clear visual cues.
Monthly S/R ZonesIdentifies support and resistance zones based off the number of times an area has been tested.
_Rerun's Dip BonanzaHigh-Win-Rate Dip Buying Strategy
Dip-buying strategy designed for SPY, QQQ, and the Magnificent 7 stocks. It targets oversold pullbacks in strong uptrends and enters when RSI2 drops below 5 and then reclaims it, signaling a bounce.
How It Works:
- Buy the Dip – Only trades when price is above the 200-MA, avoiding weak stocks.
- RSI2 Oversold Setup – Waits for RSI to drop below 5, then cross back up to confirm a reversal.
- Exit on Strength – Closes the trade when price moves above the 5-MA, locking in gains.
- High Win Rate – Backtested with 60% or better success rates on SPY and large-cap stocks.
- Works on Any Timeframe – Effective for intraday trades (5m, 10m, 1H) or swing trades (2H, Daily).
A straightforward, reliable strategy for catching high-probability reversals in trending markets.
ADX Green Trend, Red ChopBased on the ADX indicator. This uses the calculated slope of the ADX line to show if momentum is increasing or decreasing. Green means the slope of the ADX is positive and the trend in increasing. Red means the ADX slope is positive and momentum is decreasing.Gray or Yellow is aneutral transitional zone
Dynamic EMA/WMAThe Dynamic EMA/WMA indicator is designed to provide a clear visual representation of market trends using two key moving averages:
🔹 12 EMA (Exponential Moving Average) – A faster-moving average that reacts quickly to price changes.
🔹 200 WMA (Weighted Moving Average) – A long-term trend indicator that smooths out price fluctuations.
Key Features:
✅ Dynamic Color Changes – The EMA and WMA lines change color based on price action:
Blue EMA: Price is fully above the 12 EMA (bullish signal).
Red EMA: Price is fully below the 12 EMA (bearish signal).
Yellow WMA: Price is above the 200 WMA (bullish signal).
Red WMA: Price is below the 200 WMA (bearish signal).
✅ Trend Confirmation – identify bullish and bearish momentum by analyzing how candles interact with the moving averages.
✅ Customizable Settings – Modify the EMA and WMA lengths to suit different trading strategies.
Quickly assess the market direction and filter out weak trends. Perfect for intraday, swing, and long-term trading strategies. 🚀
Ehlers Adaptive Trend Indicator [Alpha Extract]Ehlers Adaptive Trend Indicator
The Ehlers Adaptive Trend Indicator combines Ehlers' advanced digital signal processing techniques with dynamic volatility bands to identify robust trend conditions and potential reversals. This powerful tool helps traders visualize trend strength, adaptive support/resistance levels, and momentum shifts across various market conditions.
🔶 CALCULATION
The indicator employs a sophisticated adaptive algorithm that responds to changing market conditions:
• Ehlers Filter : Calculates a weighted average based on momentum differences to create an adaptive trend baseline.
• Dynamic Bands : Volatility-adjusted bands that expand and contract based on recent price action.
• Trend Level : A dynamic support/resistance level that adapts to the current trend direction.
• Smoothed Volatility : Market volatility measured and smoothed to provide reliable band width.
Formula:
• Ehlers Basis = Weighted average of price, with weights determined by momentum differences
• Volatility = Standard deviation of price over Ehlers Length period
• Smoothed Volatility = EMA of volatility over Smoothing Length
• Upper Band = Ehlers Basis + Smoothed Volatility × Sensitivity
• Lower Band = Ehlers Basis - Smoothed Volatility × Sensitivity
• Trend Level = Adaptive support in uptrends, resistance in downtrends
🔶 DETAILS
Visual Features :
• Ehlers Basis Line (Yellow): The core adaptive trend reference that serves as the primary trend indicator.
• Trend Level Line (Dynamic Color): Changes between green (bullish) and red (bearish) based on the current trend state.
• Fill Areas : Transparent green fill during bullish trends and transparent red fill during bearish trends for clear visual identification.
• Bar Coloring : Optional price bar coloring that reflects the current trend direction for enhanced visualization.
Interpretation :
• **Bullish Signal**: Price crosses above the upper band, triggering a trend change with the Trend Level becoming dynamic support.
• **Bearish Signal**: Price drops below the lower band, confirming a trend change with the Trend Level becoming dynamic resistance.
• **Trend Continuation**: Trend Level rises in bullish markets and falls in bearish markets, providing adaptive trailing support/resistance.
🔶 EXAMPLES
The chart demonstrates:
• Bullish Trend Identification : When price breaks above the upper band, the indicator shifts to bullish mode with green trend level and fill.
• Bearish Trend Identification : When price falls below the lower band, the indicator shifts to bearish mode with red trend level and fill.
• Trend Persistence : Trend Level adapts to market movement, rising during uptrends to provide dynamic support and falling during downtrends to act as resistance.
Example Snapshots :
• During a strong uptrend, the Trend Level continuously adjusts upward, keeping traders in the trend while filtering out minor retracements.
• During trend reversals, clear color changes and Trend Level shifts provide early warning of potential direction changes.
🔶 SETTINGS
Customization Options :
• Ehlers Length (p1) (Default: 30): Controls the primary adaptive calculation period, balancing responsiveness with stability.
• Momentum Length (p2) (Default: 25): Determines the lag for momentum calculations used in the adaptive weighting.
• Smoothing Length (Default: 10): Adjusts the volatility smoothing period—higher values provide more stable bands.
• Sensitivity (Default: 1.0): Multiplier for band width—higher values increase distance between bands, lower values tighten them.
• Visual Settings : Customizable colors for bullish and bearish trends, basis line, and optional bar coloring.
The Ehlers Adaptive Trend Indicator combines John Ehlers' digital signal processing expertise with modern volatility analysis to create a robust trend-following system that adapts to changing market conditions, helping traders stay on the right side of the market.
Imbalance DetectorThe code uses a simple method to detect a Fair Value Gap (FVG) or imbalance by analyzing three consecutive candles:
Candle 1 (two candles ago)
Candle 2 (previous candle)
Candle 3 (current candle)
The logic for identifying an imbalance is based on the gaps between the candles. Specifically, it checks for one of these conditions:
Bullish Imbalance (FVG Up)
If the low of Candle 2 is higher than the high of Candle 1 and the high of Candle 3.
This suggests aggressive buying pressure, leaving an imbalance to the upside.
Bearish Imbalance (FVG Down)
If the high of Candle 2 is lower than the low of Candle 1 and the low of Candle 3.
This indicates strong selling pressure, leaving an imbalance to the downside.
📊 Visual Representation on the Chart
When an imbalance is detected, a small red triangle (plotshape) will appear on the chart above or below the candle.
The alert will trigger when the imbalance condition is true.
🚀 How to Spot the Candle
When you receive an alert, check the time of the alert and locate the corresponding candle on your 15-minute chart.
The candle marked with a red triangle is the one that triggered the alert.
Verify if it formed a Fair Value Gap by looking at the gap between the first and third candles compared to the middle candle (Candle 2).
You may also observe if the market is likely to retrace to fill the gap, which is a common price behavior.
⚙️ Criteria Summary (Simple Explanation)
Bullish Imbalance → low2 > high1 && low2 > high3
Bearish Imbalance → high2 < low1 && high2 < low3
Where:
low2 and high2 = Previous candle (Candle 2)
low1 and high1 = Candle before that (Candle 1)
low3 and high3 = Current candle (Candle 3)
👉 Example Scenario:
Candle 1 High = 1.1200, Low = 1.1180
Candle 2 High = 1.1225, Low = 1.1210
Candle 3 High = 1.1230, Low = 1.1215
Imbalance Detected: Candle 2 has a low higher than both Candle 1’s high and Candle 3’s low.
Trend Spotter - Bidirectional Credit Spread StrategyTrend Spotter – Bidirectional Credit Spread Strategy
🔍 Identify Market Trends with Confidence
Trend Spotter is a powerful trading strategy designed to help traders pinpoint high-conviction trade opportunities by analyzing key market indicators. Instead of relying on a single signal, this strategy sequentially checks multiple conditions to confirm market direction before entering a trade.
How It Works:
✅ Market Sentiment Check – You manually assess whether the broader market is favorable for trading.
✅ Trend Confirmation Using Multiple Indicators:
1️⃣ VOLD Ratio – Measures market volume trends.
2️⃣ Advance-Decline Line (ADD) – Gauges overall market strength.
3️⃣ TICK Index – Tracks intraday market momentum.
4️⃣ Bollinger Band Squeeze (BB/KC) – Detects periods of low volatility before potential breakouts.
5️⃣ VWAP (Volume-Weighted Average Price) – Confirms trade direction.
6️⃣ ATR Stop Loss – Helps set dynamic risk levels.
7️⃣ MACD Crossover – Confirms momentum shifts.
Entry & Exit Rules:
📈 Trade Entries – The strategy automatically enters long (PUT) or short (CALL) positions based on user-defined account allocation once enough signals align.
📉 Trade Exits – Positions close based on:
✔ Target Profit – % increase/decrease in value or key indicator levels.
✔ Trailing Stop – Locks in profits dynamically.
✔ Stop Loss – % decrease/increase, VWAP breach, or ATR signal.
What You’ll See on the Chart:
🔢 Indicator Count – Instead of cluttering the chart with multiple indicators, a number is displayed below each candlestick, showing how many conditions are met.
🚀 Trade Signals – Buy/Sell triggers appear when enough criteria align.
📊 Profit & Stop Levels – Clearly marked target profit and stop-loss zones.
📌 Real-Time Market Data Box – Displays live values for VOLD, TICK, and ADD Line.
Who This Is For:
✅ Traders who want data-backed confirmations before entering trades.
✅ Those looking for automated trade execution based on market conditions.
✅ Anyone wanting clear, uncluttered signals for decision-making.
Important Disclaimer:
⚠️ For Research Purposes Only – This script is designed for educational and research purposes. It is not financial advice. Traders should conduct their own analysis and trade at their own risk. I am not responsible for any financial decisions based on this script.
🔎 Tags: #TrendSpotter #OptionsTrading #TradingStrategy #MACD #VWAP #BollingerBands #Volatility #MarketMomentum #ATR #DayTrading #SwingTrading
Bidirectional Credit Spread StrategyTrend Spotter – Bidirectional Credit Spread Strategy
🔍 Identify Market Trends with Confidence
Trend Spotter is a powerful trading strategy designed to help traders pinpoint high-conviction trade opportunities by analyzing key market indicators. Instead of relying on a single signal, this strategy sequentially checks multiple conditions to confirm market direction before entering a trade.
How It Works:
✅ Market Sentiment Check – You manually assess whether the broader market is favorable for trading.
✅ Trend Confirmation Using Multiple Indicators:
1️⃣ VOLD Ratio – Measures market volume trends.
2️⃣ Advance-Decline Line (ADD) – Gauges overall market strength.
3️⃣ TICK Index – Tracks intraday market momentum.
4️⃣ Bollinger Band Squeeze (BB/KC) – Detects periods of low volatility before potential breakouts.
5️⃣ VWAP (Volume-Weighted Average Price) – Confirms trade direction.
6️⃣ ATR Stop Loss – Helps set dynamic risk levels.
7️⃣ MACD Crossover – Confirms momentum shifts.
Entry & Exit Rules:
📈 Trade Entries – The strategy automatically enters long (PUT) or short (CALL) positions based on user-defined account allocation once enough signals align.
📉 Trade Exits – Positions close based on:
✔ Target Profit – % increase/decrease in value or key indicator levels.
✔ Trailing Stop – Locks in profits dynamically.
✔ Stop Loss – % decrease/increase, VWAP breach, or ATR signal.
What You’ll See on the Chart:
🔢 Indicator Count – Instead of cluttering the chart with multiple indicators, a number is displayed below each candlestick, showing how many conditions are met.
🚀 Trade Signals – Buy/Sell triggers appear when enough criteria align.
📊 Profit & Stop Levels – Clearly marked target profit and stop-loss zones.
📌 Real-Time Market Data Box – Displays live values for VOLD, TICK, and ADD Line.
Who This Is For:
✅ Traders who want data-backed confirmations before entering trades.
✅ Those looking for automated trade execution based on market conditions.
✅ Anyone wanting clear, uncluttered signals for decision-making.
Important Disclaimer:
⚠️ For Research Purposes Only – This script is designed for educational and research purposes. It is not financial advice. Traders should conduct their own analysis and trade at their own risk. I am not responsible for any financial decisions based on this script.
🔎 Tags: #TrendSpotter #OptionsTrading #TradingStrategy #MACD #VWAP #BollingerBands #Volatility #MarketMomentum #ATR #DayTrading #SwingTrading
Strong Highs & Weak Lows (Small Triangles)This indicator highlights market structure shifts by identifying Strong Highs and Weak Lows based on simple price action logic.
Strong Highs are swing highs that are followed by a break of structure to the downside (bearish intent).
Weak Lows are swing lows that are followed by a break of structure to the upside (bullish intent).
These levels can indicate key turning points or liquidity grabs and are useful for traders focused on market structure, order flow, or liquidity-based strategies.
Features:
Clean triangle markers: tiny red triangles mark Strong Highs and tiny green triangles mark Weak Lows.
Optional candle coloring to further emphasize shifts in market intent.
Adjustable lookback period for swing detection.
Perfect for traders using smart money concepts, ICT, or price action-based entries.
Stock versus IndustryStock vs. Industry Indicator
The Stock vs. Industry Indicator is designed to help traders assess the performance of individual stocks relative to their respective industries. This tool automatically identifies the industry classification of a stock, compares it to a relevant industry ETF, and calculates the stock-to-industry performance ratio in real-time.
Key Features:
Real-Time Performance Comparison: The indicator tracks and compares the price movement of an individual stock against the most relevant ETF for its industry, providing a dynamic view of relative strength.
Stock-to-Industry Ratio: Displays the ratio of stock performance versus industry performance, allowing traders to easily identify outperforming and underperforming stocks within their industry.
SMA Trend Line: The indicator includes a simple moving average (SMA) trend line to assist with visual trend analysis, offering additional context to the stock’s movement in relation to the broader industry.
Customizable Parameters: Users can customize SMA periods, adjust comparison overrides, and use color highlighting to suit their trading preferences and strategies.
Industry Classification: Automatically assigns the correct industry classification to any stock, providing a reliable and automated method for comparing stocks within the same industry.
Benefits:
Identify Leaders and Laggards: Easily distinguish which stocks are outperforming their industry and which are underperforming. This allows traders to make more informed decisions based on relative strength.
Sector Rotation Detection: The indicator helps detect when a stock begins to underperform its industry, which can signal a shift in sector strength. This allows traders to adjust their positions and strategies accordingly.
Breakout Confirmation: When a stock breaks out while outperforming its industry, the indicator provides additional confidence in the breakout’s validity and potential for continued performance.
Avoid Value Traps: By comparing a stock’s performance against its industry, the indicator helps avoid investing in stocks that appear undervalued but are underperforming relative to their peers, reducing the risk of falling into value traps.
Usage:
Timeframes: The indicator works across various timeframes and is adaptable for both short-term and long-term traders.
Customization: Users can modify the parameters and settings to align with their specific trading style, whether day trading or position trading.
Visual Aid: The indicator provides an intuitive chart display, making it easy to understand a stock’s performance relative to its industry at a glance.
Disclaimer:
This indicator does not guarantee future performance or predict market movements. The information provided is based on historical data and current market conditions, which can change rapidly. It is important to use this tool as part of a broader trading strategy, taking into account other market factors and risk management techniques.
Improved Option Selling StrategyIts a mix of indicators for option selling.
🔵 Updated Entry & Exit Conditions
✅ Buy Signal (Bull Put Spread) – When Market is Bullish
🔹 EMA Crossover (20 EMA crosses above 50 EMA)
🔹 ADX Above 15 (Confirms trend strength)
🔹 RSI Above 45 (Avoid weak trends)
🔹 Price Above VWAP (Market is bullish)
🔹 No Resistance Nearby (Avoid rejection zones)
🔹 SELL ATM or 1 OTM Put Option
🔹 Hedge with 200-300 points lower OTM Put
🔴 Sell Signal (Bear Call Spread) – When Market is Bearish
🔹 EMA Crossunder (20 EMA crosses below 50 EMA)
🔹 ADX Above 15 (Confirms trend strength)
🔹 RSI Below 55 (Avoid reversals)
🔹 Price Below VWAP (Market is weak)
🔹 No Support Nearby (Avoid bounce zones)
🔹 SELL ATM or 1 OTM Call Option
🔹 Hedge with 200-300 points higher OTM Call
Bim EMA 35 NavigatorBim EMA 35 Navigator
The Bim EMA 35 Navigator is a powerful trend-following and pullback-based trading indicator designed to help traders identify key buy and sell opportunities using the Exponential Moving Average (EMA 35).
Key Features:
✅ EMA 35 Trend Detection – The EMA line changes color: Green for an uptrend and Red for a downtrend.
✅ Buy & Sell Alerts – Generates alerts when price crosses above or below the EMA 35.
✅ Pullback Detection – Identifies pullbacks to the EMA within a trend, providing additional trade opportunities.
✅ Customizable Parameters – Users can fine-tune pullback thresholds and confirmation candles.
How It Works:
Trend Confirmation: The EMA 35 helps determine whether the market is in an uptrend or downtrend.
Entry Signals: A buy signal appears when price crosses above the EMA in an uptrend, and a sell signal appears when price crosses below the EMA in a downtrend.
Pullback Opportunities: Detects pullbacks to the EMA and confirms them with recent price action, making it easier to enter trades at better prices.
This indicator is ideal for traders looking to follow trends while also capitalizing on pullback entries. It works well across multiple timeframes and asset classes, including stocks, forex, and crypto.
🚀 Use the Bim EMA 35 Navigator to refine your strategy and improve your trade timing!
15-Minute Block Marker Enhanced with AlertsQuick and simple 15 minute Block indicator for profitable scalping using 5 minute intervals.
Enhanced Fibonacci Trend Channel with ProjectionsCertainly! The **"Enhanced Fibonacci Trend Channel with Projections"** indicator is designed to analyze price movements in financial markets by leveraging Fibonacci levels, trend calculations, and momentum indicators. It offers both current Fibonacci levels and future projections based on the slope of the trend, giving traders insights into potential price levels.
### Key Features of the Indicator:
1. **Fibonacci Level Analysis:**
- It calculates key Fibonacci levels, including:
- **0% (Lowest Price)**
- **100% (Highest Price)**
- **38.2%**
- **61.8%**
- These levels are commonly used to identify support and resistance zones in market trends.
2. **Trend Projections:**
- The indicator extends Fibonacci levels into the future based on the trend’s slope (difference between high and low prices over a specified period).
- Future projections are visualized using dotted lines, helping traders anticipate potential levels of price movement.
3. **Momentum Analysis:**
- Incorporates **RSI (Relative Strength Index)** to evaluate overbought and oversold conditions.
- Allows users to adjust RSI settings, enabling a dynamic view of market momentum.
4. **Signals and Alerts:**
- Generates **Buy Signals** when:
- Price is near Fibonacci 38.2% or 61.8%.
- RSI indicates oversold conditions.
- (Optional) Volume surpasses its moving average.
- Generates **Sell Signals** when:
- Price exceeds Fibonacci 100%.
- RSI indicates overbought conditions.
- (Optional) Volume surpasses its moving average.
- Provides real-time alerts for these signals, keeping users informed.
5. **Customizable Visualization:**
- Enables users to adjust colors and styles for Fibonacci levels.
- Toggles future projections on or off based on user preferences.
6. **Moving Average Integration:**
- Includes a Simple Moving Average (SMA) for additional trend confirmation.
### Purpose:
This indicator is ideal for traders seeking to combine Fibonacci analysis with forward-looking projections and signal generation. It helps identify key levels in price action while providing valuable tools for decision-making.
Does this description fit what you’re looking for? Let me know if you'd like a summary or further adjustments! 😊
Math by Thomas FVG📌 Math by Thomas FVG – Fair Value Gap Detector
Overview:
The Math by Thomas FVG indicator automatically detects Fair Value Gaps (FVGs) using a three-candle logic. FVGs represent price inefficiencies where the first candle’s high/low does not overlap with the third candle’s low/high, creating a gap. This tool helps traders identify potential reversal or continuation zones, providing valuable insights into market structure and price action.
🔹 How It Works:
Bullish FVG:
Occurs when the current candle’s low is above the high of the candle two bars ago.
A green-shaded box marks the bullish FVG, highlighting a potential support zone.
Bearish FVG:
Occurs when the current candle’s high is below the low of the candle two bars ago.
A red-shaded box marks the bearish FVG, indicating a potential resistance zone.
Gap Filling Logic:
The indicator automatically removes FVGs once they are filled by price action, keeping the chart clean and relevant.
Bullish FVGs are removed when close ≤ the box's top.
Bearish FVGs are removed when close ≥ the box's bottom.
⚙️ Customization Options:
Bullish FVG Color: Choose the color for bullish FVGs.
Bearish FVG Color: Choose the color for bearish FVGs.
Max Box Count: The indicator dynamically manages up to 50 FVG boxes, ensuring optimal chart performance.
✅ Use Cases:
Identify price inefficiencies for potential entries and exits.
Combine with Order Blocks, support/resistance, or volume analysis for confirmation.
Useful for Smart Money Concept (SMC) and price action traders.
🔥 Enhance your trading accuracy with the Math by Thomas FVG indicator and gain insights into price inefficiencies! 🚀
Math by Thomas Order Blocks🔥 Description:
🚀 Math by Thomas Order Blocks is a precision tool for Smart Money Concept (SMC) and price action traders, designed to automatically detect Bullish and Bearish Order Blocks (OBs). It highlights key institutional trading zones where large orders are placed, helping you identify potential reversal and continuation areas.
⚙️ Key Features:
✅ Automatic Order Block Detection:
Detects Bearish OBs when price sharply reverses after a significant bullish move.
Identifies Bullish OBs following a sharp reversal from a bearish push.
✅ Dynamic Sensitivity & Volume Filter:
Sensitivity Control: Customize OB detection precision.
Minimum Volume Filter: Ensures OBs form only on significant volume spikes.
✅ Flexible OB Mitigation:
Choose between "Close" or "Wick" mitigation for OB invalidation.
Mitigated OBs are automatically removed from the chart.
✅ Adaptive Swing & Price Change Detection:
Adjusts OB detection logic based on timeframe for flexibility.
Uses adaptive rate of change (ROC) calculations to spot momentum shifts.
✅ Visual Customization:
OBs are displayed as shaded boxes with configurable background and border colors.
Bullish OBs = Green (support zones).
Bearish OBs = Red (resistance zones).
✅ Alerts for OB Touch:
Get real-time alerts when price touches a Bullish or Bearish OB.
Helps you catch potential reversal points without constant chart monitoring.
📊 How It Works:
Bullish OB Logic:
Detected when price crosses over a positive momentum threshold (ROC) with high volume.
Plots a green OB box from the low of the swing candle.
Bearish OB Logic:
Identified when price crosses under a negative momentum threshold with high volume.
Plots a red OB box from the high of the swing candle.
Mitigation Rules:
OBs are removed once invalidated by price action based on your chosen mitigation type (Close or Wick).
📈 Usage Tips:
Use Bullish OBs as potential support areas for buy entries.
Treat Bearish OBs as resistance zones for sell setups.
Combine with Fair Value Gaps, volume profile, and RSI for confluence.
Adjust sensitivity and volume filters to fine-tune OB detection.
✅ Chart Example:
The script displays:
Bullish OBs in green, marking potential support zones.
Bearish OBs in red, indicating resistance zones.
Real-time alerts when price touches OBs.
🔥 Why Use This Indicator?
Designed for intraday and swing traders aiming to identify institutional trading zones.
Helps you spot reversal and continuation setups with precision.
Ideal for Smart Money Concept (SMC), price action, and order flow traders.
Supply & Demand Zones + SMA CrossoverSupply & Demand Zones + SMA Crossover
This script combines Supply & Demand Zones with a 50 SMA and 100 SMA crossover strategy to identify key trading opportunities.
🔹 Features:
✅ Plots Supply (Resistance) and Demand (Support) zones based on swing highs and lows.
✅ Highlights zones dynamically with background colors.
✅ Includes 50 SMA and 100 SMA to track trend direction.
✅ Generates Buy signals (green arrow) when the 50 SMA crosses above the 100 SMA.
✅ Generates Sell signals (red arrow) when the 50 SMA crosses below the 100 SMA.
✅ Provides alert conditions for automatic notifications.
This tool is ideal for traders looking to combine price action with moving average crossovers to identify potential trade entries and exits. 🚀📈
Supply & Demand Zones + SMA CrossoverSupply & Demand Zones + SMA Crossover
This script combines Supply & Demand Zones with a 50 SMA and 100 SMA crossover strategy to identify key trading opportunities.
🔹 Features:
✅ Plots Supply (Resistance) and Demand (Support) zones based on swing highs and lows.
✅ Highlights zones dynamically with background colors.
✅ Includes 50 SMA and 100 SMA to track trend direction.
✅ Generates Buy signals (green arrow) when the 50 SMA crosses above the 100 SMA.
✅ Generates Sell signals (red arrow) when the 50 SMA crosses below the 100 SMA.
✅ Provides alert conditions for automatic notifications.
This tool is ideal for traders looking to combine price action with moving average crossovers to identify potential trade entries and exits. 🚀📈
