VI — Indicators and Strategies

CandelaCharts - Imbalance Concepts 📝 Overview Imbalance Concepts is an advanced toolkit rooted in ICT (Inner Circle Trader) principles, specifically designed to identify and highlight critical areas of support and resistance within financial markets. This toolkit focuses on detecting market imbalances that can indicate potential turning points or high-probability zones for price action. The key components of the toolkit include: Fair Value Gaps (FVG) Inversion Fair Value Gaps (IFVG) Balanced Price Range (BPR) Volume Imbalances (VI) Opening Gaps (OG) The toolkit automatically detects these imbalances and visually marks them on charts, allowing traders to quickly identify key zones for analysis. This enables more informed decision-making, as these imbalances often signal the potential for major market shifts, reversals, or continuation patterns. By integrating Imbalance Concepts, traders can focus on critical price areas that have a high likelihood of influencing future price action. 📦 Features The Imbalance Concepts toolkit provides a robust set of features aimed at improving trading accuracy and decision-making. Key features include: MTF Mitigation Consequent Encroachment Threshold Hide Overlap Advanced Styling ⚙️ Settings Show: Controls whether Imbalances are displayed on the chart. Show Last: Sets the number of Imbalances you want to display. Length: Determines the length of each Imbalance. Mitigation: Highlights when an Imbalance has been touched, using a different color without marking it as invalid. Timeframe: Specifies the timeframe used to detect Imbalances. Threshold: Sets the minimum gap size required for Imbalance detection on the chart. Show Mid-Line: Configures the midpoint line's width and style within the Imbalance. (Consequent Encroachment - CE) Show Border: Defines the border width and line style of the Imbalance. Hide Overlap: Removes overlapping Imbalances from view. Extend: Extends the Imbalance length to the current candle. Elongate: Fully extend the Imbalance length to the right side of the chart. ⚡️ Showcase Fair Value Gaps (FVG) Inversion Fair Value Gaps (IFVG) Balanced Price Range (BPR) Volume Imbalances (VI) Opening Gaps (OG) 📒 Usage The key components of trading imbalances include: Step 1 – Identify Market Trend: Begin by determining the market trend for the asset, whether it is bullish or bearish. Step 2 – Locate Premium and Discount Zones: In a bearish market, focus on identifying the premium Imbalance, while in a bullish market, look for the discount Imbalance. Step 3 – Detect Liquidity Sweep: After identifying the trend, the next step is to spot a liquidity sweep, which often indicates a potential price reversal or continuation. Step 4 – Detect Change In State of Delivery: Following the liquidity sweep, the next step is to recognize a CISD, which frequently serves as a confirmation of a potential price reversal. Step 5 – Execute the Trade: In a bullish market, wait for the price to retrace and test the discount imbalance, aiming to balance the price movement before entering the trade. NOTES: You always short only on Premium, and long on Discount. Fair Value Gaps (FVG) Inversion Fair Value Gaps Balanced Price Range 🚨 Alerts The indicator provides the ability to set alerts for various significant market events related to its core features. You can configure alerts for the following key events: Fair Value Gaps Formation (+B/-B) Inversion Fair Value Gaps Formation (+B/-B) Balanced Price Range Formation (+B/-B) Volume Imbalances Formation (+B/-B) Opening Gaps Formation (+B/-B) ⚠️ Disclaimer These tools are exclusively available on the TradingView platform. Our charting tools are intended solely for informational and educational purposes and should not be regarded as financial, investment, or trading advice. They are not designed to predict market movements or offer specific recommendations. Users should be aware that past performance is not indicative of future results and should not rely on these tools for financial decisions. By using these charting tools, the purchaser agrees that the seller and creator hold no responsibility for any decisions made based on information provided by the tools. The purchaser assumes full responsibility and liability for any actions taken and their consequences, including potential financial losses or investment outcomes that may result from the use of these products. By purchasing, the customer acknowledges and accepts that neither the seller nor the creator is liable for any undesired outcomes stemming from the development, sale, or use of these products. Additionally, the purchaser agrees to indemnify the seller from any liability. If invited through the Friends and Family Program, the purchaser understands that any provided discount code applies only to the initial purchase of Candela's subscription. The purchaser is responsible for canceling or requesting cancellation of their subscription if they choose not to continue at the full retail price. In the event the purchaser no longer wishes to use the products, they must unsubscribe from the membership service, if applicable. We do not offer reimbursements, refunds, or chargebacks. Once these Terms are accepted at the time of purchase, no reimbursements, refunds, or chargebacks will be issued under any circumstances. By continuing to use these charting tools, the user confirms their understanding and acceptance of these Terms as outlined in this disclaimer.

CandelaCharts - Volume Imbalance (VI) 📝 Overview Volume Imbalance occurs when there’s a noticeable gap between the bodies of two consecutive candlesticks, with no overlap between them. While the wicks of the candles might intersect, the candle bodies remain entirely separate. This phenomenon often signifies that the algorithm driving market activity did not evenly distribute prices between these two levels, leaving behind a small Volume Imbalance (VI). A Bullish Volume Imbalance forms when the body of a green candlestick gaps above the previous candle’s body, with no overlap, indicating strong upward momentum and insufficient sell-side liquidity. A Bearish Volume Imbalance forms when the body of a red candlestick gaps below the previous candle’s body, with no overlap, signaling intense downward pressure and a lack of buy-side liquidity. This indicator can automatically identify volume imbalances by scanning candlestick patterns and detecting gaps between consecutive candle bodies. These volume imbalances act as price magnets, often attracting the market back to fill the gap before resuming its original direction. Recognizing and leveraging these gaps can be a powerful tool in technical analysis for predicting price movements. 📦 Features MTF Mitigation Consequent Encroachment Threshold Hide Overlap Advanced Styling ⚙️ Settings Show: Controls whether VIs are displayed on the chart. Show Last: Sets the number of VIs you want to display. Length: Determines the length of each VI. Mitigation: Highlights when a VI has been touched, using a different color without marking it as invalid. Timeframe: Specifies the timeframe used to detect VIs. Threshold: Sets the minimum gap size required for VI detection on the chart. Show Mid-Line: Configures the midpoint line's width and style within the VI. (Consequent Encroachment - CE) Show Border: Defines the border width and line style of the VI. Hide Overlap: Removes overlapping VIs from view. Extend: Extends the VI length to the current candle. Elongate: Fully extends the VI length to the right side of the chart. ⚡️ Showcase Simple Mitigated Bordered Consequent Encroachment Extended 🚨 Alerts This script provides alert options for all signals. Bearish Signal A bearish alert triggers when a red candlestick gaps below the previous body, signaling downward pressure. Bullish Signal A bullish alert triggers when a green candlestick gaps above the previous body, indicating upward momentum. ⚠️ Disclaimer Trading involves significant risk, and many participants may incur losses. The content on this site is not intended as financial advice and should not be interpreted as such. Decisions to buy, sell, hold, or trade securities, commodities, or other financial instruments carry inherent risks and are best made with guidance from qualified financial professionals. Past performance is not indicative of future results.

Adaptive Fusion ADX Vortex Introduction The Adaptive Fusion ADX DI Vortex Indicator is a powerful tool designed to help traders identify trend strength and potential trend reversals in the market. This indicator uses a combination of technical analysis (TA) and mathematical concepts to provide accurate and reliable signals. Features The Adaptive Fusion ADX DI Vortex Indicator has several features that make it a powerful tool for traders. The Fusion Mode combines the Vortex Indicator and the ADX DI indicator to provide a more accurate picture of the market. The Hurst Exponent Filter helps to filter out choppy markets (inspired by balipour). Additionally, the indicator can be customized with various inputs and settings to suit individual trading strategies. Signals The enterLong signal is generated when the algorithm detects that it's a good time to buy a stock or other asset. This signal is based on certain conditions such as the values of technical indicators like ADX, Vortex, and Fusion. For example, if the ADX value is above a certain threshold and there is a crossover between the plus and minus lines of the ADX indicator, then the algorithm will generate an enterLong signal. Similarly, the enterShort signal is generated when the algorithm detects that it's a good time to sell a stock or other asset. This signal is also based on certain conditions such as the values of technical indicators like ADX, Vortex, and Fusion. For example, if the ADX value is above a certain threshold and there is a crossunder between the plus and minus lines of the ADX indicator, then the algorithm will generate an enterShort signal. The exitLong and exitShort signals are generated when the algorithm detects that it's a good time to close a long or short position, respectively. These signals are also based on certain conditions such as the values of technical indicators like ADX, Vortex, and Fusion. For example, if the ADX value crosses above a certain threshold or there is a crossover between the minus and plus lines of the ADX indicator, then the algorithm will generate an exitLong signal. Usage Traders can use this indicator in a variety of ways, depending on their trading strategy and style. Short-term traders may use it to identify short-term trends and potential trade opportunities, while long-term traders may use it to identify long-term trends and potential investment opportunities. The indicator can also be used to confirm other technical indicators or trading signals. Personally, I prefer to use it for short-term trades. Strengths One of the strengths of the Adaptive Fusion ADX DI Vortex Indicator is its accuracy and reliability. The indicator uses a combination of TA and mathematical concepts to provide accurate and reliable signals, helping traders make informed trading decisions. It is also versatile and can be used in a variety of trading strategies. Weaknesses While this indicator has many strengths, it also has some weaknesses. One of the weaknesses is that it can generate false signals in choppy or sideways markets. Additionally, the indicator may lag behind the market, making it less effective in fast-moving markets. That's a reason why I included the Hurst Exponent Filter and special smoothing. Concepts The Adaptive ADX DI Vortex Indicator with Fusion Mode and Hurst Filter is based on several key concepts. The Average Directional Index (ADX) is used to measure trend strength, while the Vortex Indicator is used to identify trend reversals. The Hurst Exponent is used to filter out noise and provide a more accurate picture of the market. In conclusion, the Adaptive Fusion ADX DI Vortex Indicator is a versatile and powerful tool for traders. By combining technical analysis and mathematical concepts, this indicator provides accurate and reliable signals for identifying trend strength and potential trend reversals. While it has some weaknesses, its many strengths and features make it a valuable addition to any trader's toolbox. --- Credits to: ▪️@cheatcountry – Hann Window Smoohing ▪️@loxx – VHF and T3 ▪️@balipour – Hurst Exponent Filter

Vortex Indicator With SMA VI with SMA to determine the trend is solid. VI+ cross over VI- with price over 20 SMA to confirm the trend. Also, you can see the enhanced trend: VI+ with the Letter H, with new high in the observe period. VI- with the Letter L, with new high in the observe period. Coding based on the original Vortex Indicator.

VI BB RSI CRSI MFI - All In One This script simply creates a combo of some indicators I have found to be useful to visualize together. Its fairly simple to use... buy the red and sell the green. The red and green 'zones' are VI indicator plus and minus using color to identify instead of plotting the lines and creating more mess for us. The blue line is our BB B%... and the solid lines are the buy and sell thresholds. The yellow line is our RSI, and the dotted lines are the thresholds. The orange CRSI line is for intrazone (red or green VI zone) trades.. for instance, buying in the sell zone and then selling again (dead cats) and vice versa. Lastly the purple MFI plot can be useful in identifying trend reversals. This is not secret code, its free for everyone to use. If you find that it is too cluttered, you can simply comment out the plot function for that indicator to disable the ones that you find most cluttering. Feedback is appreciated, along with ideas or suggestions.. cheers and happy trading!

Vortex (VI) MTF Pane [Anan]Hello Friends,, This is Vortex Indicator with Multi time frame pane *Note that your current resolution must be <= the multi time frame pane otherwise the MTF pane will not plotting any data (Logic)

Profitable Vortex Indicator Scanner Introduction The Vortex Indicator is a technical indicator invented by Etienne Botes and Douglas Siepman (Technical Analysis of Stocks & Commodities, V.28:1 (January, 2010): "The Vortex Indicator") to identify the start of a new trend or the continuation of an existing trend within financial markets. It is composed of two lines, +VI and -VI . +VI represents up trending momentum and -VI represents down trending momentum. The most basic strategy is to use the crossovers as trade signals: when +VI crosses above -VI , go Long when -VI crosses above +VI , go Short Exit when a crossover occurs in the opposite direction What is this tool? This tool is a performance scanner that uses a decision tree-based algorithm under the hood to find the most profitable period's setting for the indicator. It analyzes the range of periods between 2 to 100 and backtests the Vortex Indicator for each period using the strategy mentioned above across the entire history of an instrument. Settings Net Profit line is optional and can be hidden through settings. Alerts It has an alert that notifies when a more profitable period was detected. NOTE : It does not change what has already been plotted. Good luck!