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Adaptive Resonance Oscillator [AlgoAlpha]Introducing the Adaptive Resonance Oscillator , an advanced momentum-based oscillator designed to dynamically adjust to changing market conditions. This innovative indicator detects market frequency through a Hilbert Transform approach, adapting in real-time to identify overbought and oversold conditions with improved accuracy. With built-in divergence detection, trend analysis, and customizable smoothing, this tool is perfect for traders looking to refine their entries and exits based on adaptive oscillation mechanics. 🚀 Key Features : 🔹 Adaptive Frequency Detection – Uses Hilbert Transform principles to dynamically determine market cycle length for precise oscillator calculation. ⚙️ Customizable Smoothing – Option to apply a Hull Moving Average (HMA) for enhanced signal clarity. 📈 Divergence Detection – Identifies bullish and bearish divergences with visual markers, helping traders spot early trend reversals. 🟢 Overbought & Oversold Signals – Highlights extreme momentum conditions with adjustable thresholds. 🔔 Real-Time Alerts – Get notified for crossovers, divergences, and strong trend shifts directly on your TradingView chart. 🎨 Fully Customizable Appearance – Modify colors, divergence sensitivity, and smoothing options to fit your trading style. 🛠 How to Use : Add the Adaptive Resonance Oscillator to your TradingView chart by clicking the ★ to favorite it. Monitor the Charts , switch between smoothed and I smoothed modes to identify trend and price swings, use divergences and reversal signals for potential entry/exits. Set alerts for bullish/bearish crossovers and divergence signals to stay ahead of market moves. ⚙ How It Works : The indicator begins by applying a Hilbert Transform frequency estimation to the price series, identifying the dominant market cycle length. This is used to calculate a period for the RSI that matches its resonant frequency with the dominant market frequency, dynamically adjusting the Oscillator. The oscillator then applies an optional Hull Moving Average (HMA) smoothing for signal refinement. Additionally, the indicator scans for bullish and bearish divergences by comparing oscillator movements against price action, plotting signals accordingly. When overbought/oversold conditions or divergence events occur, alerts are triggered to notify the trader in real time.
Pine Script™ indicator
by AlgoAlpha
1
One Trading Setup for Life ICT [TradingFinder] Sweep Session FVG🔵 Introduction ICT One Trading Setup for Life is a trading strategy based on liquidity and market structure shifts, utilizing the PM Session Sweep to determine price direction. In this strategy, the market first forms a price range during the PM Session (from 13:30 to 16:00 EST), which includes the highest high (PM Session High) and lowest low (PM Session Low). In the next session, the price first touches one of these levels to trigger a Liquidity Hunt before confirming its trend by breaking the Change in State of Delivery (CISD) Level. After this confirmation, the price retraces toward a Fair Value Gap (FVG) or Order Block (OB), which serve as the best entry points in alignment with liquidity. In financial markets, liquidity is the primary driver of price movement, and major market participants such as institutional investors and banks are constantly seeking liquidity at key levels. This process, known as Liquidity Hunt or Liquidity Sweep, occurs when the price reaches an area with a high concentration of orders, absorbs liquidity, and then reverses direction. In this setup, the PM Session range acts as a trading framework, where its highs and lows function as key liquidity zones that influence the next session’s price movement. After the New York market opens at 9:30 EST, the price initially breaks one of these levels to capture liquidity. However, for a trend shift to be confirmed, the CISD Level must be broken. Once the CISD Level is breached, the price retraces toward an FVG or OB, which serve as optimal trade entry points. Bullish Setup : Bearish Setup : 🔵 How to Use In this strategy, the PM Session range is first identified, which includes the highest high (PM Session High) and lowest low (PM Session Low) between 13:30 and 16:00 EST. In the following session, the price touches one of these levels for a Liquidity Hunt, followed by a break of the Change in State of Delivery (CISD) Level. The price then retraces toward a Fair Value Gap (FVG) or Order Block (OB), creating a trading opportunity. This process can occur in two scenarios : bearish and bullish setups. 🟣 Bullish Setup In a bullish scenario, the PM Session High and PM Session Low are identified. In the following session, the price first breaks the PM Session Low, absorbing liquidity. This process results in a Fake Breakout to the downside, misleading retail traders into taking short positions. After the Liquidity Hunt, the CISD Level is broken, confirming a trend reversal. The price then retraces toward an FVG or OB, offering an optimal long entry opportunity. The initial take-profit target is the PM Session High, but if higher timeframe liquidity levels exist, extended targets can be set. The stop-loss should be placed below the Fake Breakout low or the first candle of the FVG. 🟣 Bearish Setup In a bearish scenario, the market first defines its PM Session High and PM Session Low. In the next session, the price initially breaks the PM Session High, triggering a Liquidity Hunt. This movement often causes a Fake Breakout, misleading retail traders into taking incorrect positions. After absorbing liquidity, the CISD Level breaks, indicating a shift in market structure. The price then retraces toward an FVG or OB, offering the best short entry opportunity. The initial take-profit target is the PM Session Low, but if additional liquidity exists on higher timeframes, lower targets can be considered. The stop-loss should be placed above the Fake Breakout high or the first candle of the FVG. 🔵 Setting CISD Bar Back Check : The Bar Back Check option enables traders to specify the number of past candles checked for identifying the CISD Level, enhancing CISD Level accuracy on the chart. Order Block Validity : The number of candles that determine the validity of an Order Block. FVG Validity : The duration for which a Fair Value Gap remains valid. CISD Level Validity : The duration for which a CISD Level remains valid after being broken. New York PM Session : Defines the PM Session range from 13:30 to 16:00 EST. New York AM Session : Defines the AM Session range from 9:30 to 16:00 EST. Refine Order Block : Enables finer adjustments to Order Block levels for more accurate price responses. Mitigation Level OB : Allows users to set specific reaction points within an Order Block, including: Proximal: Closest level to the current price. 50% OB: Midpoint of the Order Block. Distal: Farthest level from the current price. FVG Filter : The Judas Swing indicator includes a filter for Fair Value Gap (FVG), allowing different filtering based on FVG width: FVG Filter Type: Can be set to "Very Aggressive," "Aggressive," "Defensive," or "Very Defensive." Higher defensiveness narrows the FVG width, focusing on narrower gaps. Mitigation Level FVG : Like the Order Block, you can set price reaction levels for FVG with options such as Proximal, 50% OB, and Distal. Demand Order Block : Enables or disables bullish Order Block. Supply Order Block : Enables or disables bearish Order Blocks. Demand FVG : Enables or disables bullish FVG. Supply FVG : Enables or disables bearish FVGs. Show All CISD : Enables or disables the display of all CISD Levels. Show High CISD : Enables or disables high CISD levels. Show Low CISD : Enables or disables low CISD levels. 🔵 Conclusion The ICT One Trading Setup for Life is a liquidity-based strategy that leverages market structure shifts and precise entry points to identify high-probability trade opportunities. By focusing on PM Session High and PM Session Low, this setup first captures liquidity at these levels and then confirms trend shifts with a break of the Change in State of Delivery (CISD) Level. Entering a trade after a retracement to an FVG or OB allows traders to position themselves at optimal liquidity levels, ensuring high reward-to-risk trades. When used in conjunction with higher timeframe bias, order flow, and liquidity analysis, this strategy can become one of the most effective trading methods within the ICT Concept framework. Successful execution of this setup requires risk management, patience, and a deep understanding of liquidity dynamics. Traders can enhance their confidence in this strategy by conducting extensive backtesting and analyzing past market data to optimize their approach for different assets.
Pine Script™ indicator
by TFlab
BullDozz Fibo ZigZagFibo ZigZag - Advanced Fibonacci Retracement Tool 🔥 📌 Overview The Fibo ZigZag indicator is a powerful tool for trend structure analysis using the ZigZag pattern and Fibonacci retracement levels. It automatically identifies swing highs & lows, draws ZigZag lines, and overlays Fibonacci levels with price labels at the right end for better readability. This indicator is designed for traders who use price action, trend reversal strategies, and support/resistance analysis. 🛠 Features ✅ Automatic ZigZag detection with customizable depth, deviation, and backstep ✅ Fibonacci retracement levels (0%, 23.6%, 38.2%, 50%, 61.8%, 100%, 161.8%, 261.8%, 423.6%) ✅ Price labels at Fibonacci levels (placed at the right end of the levels) ✅ Alerts for new swing highs & lows ✅ Customizable line colors, text colors, and label sizes ✅ Lightweight and optimized for fast performance 📊 How It Works 1️⃣ The script detects ZigZag structure points based on price swings 2️⃣ It connects recent highs & lows with a ZigZag line 3️⃣ Fibonacci retracement levels are calculated and drawn between the last two significant swing points 4️⃣ Each Fibo level is labeled with its percentage & exact price, placed at the right end for clarity 5️⃣ Alerts trigger automatically when a new swing high or low is detected ⚙ Customization Options 🔹 ZigZag Settings: Adjust Depth, Deviation, BackStep, and Leg length 🔹 Fibonacci Levels: Modify line colors, label text colors, and visibility 🔹 Alerts: Enable/disable trend change alerts 📈 Best Use Cases 🚀 Identifying Trend Reversals – Detect key turning points using Fibonacci levels 📉 Support & Resistance Trading – Use retracement levels as entry/exit points 📊 Swing Trading & Scalping – Combine ZigZag with price action for effective strategies 🔔 Alert-Based Trading – Get notified when new swing highs/lows form 🚀 How to Use 📌 Add the indicator to your chart 📌 Adjust the settings to match your trading strategy 📌 Use the Fibonacci levels & ZigZag lines to analyze trend direction & key price zones 📌 Wait for alerts or manually enter trades based on price reaction to Fibo levels 📢 Final Thoughts The Fibo ZigZag is an essential tool for traders who rely on price action, trend reversals, and Fibonacci levels. Whether you're a beginner or a pro, this indicator helps you spot high-probability trading opportunities with ease. ⚡ Try it now & enhance your trading strategy! 🚀 💬 Let us know your feedback & suggestions in the comments! Happy trading! 📊🔥
Pine Script™ indicator
by BulldozzMoney
SMC ,FVG Structures and MAICT traders focus on each and every move of the market. Fair Value Gap (FVG) arise in the forex market when rapid price movements create gaps between candles, signaling an imbalance between supply and demand. These gaps highlight areas where the market has not achieved equilibrium, often due to a sudden influx of buying or selling pressure. ICT and Smart Money traders use FVGs to identify potential retracement points where price might return before continuing its trend, making them valuable tools for spotting high-probability trade entries within the broader context of market dynamics. Subscribe to Writo-Finance! Get updates on the latest posts and more from Writo-Finance straight to your inbox. I agree to my personal data being used for interest-based advertising as outlined in the Privacy Notice. Website Your Email... Subscribe Understanding Fair Value Gaps in Trading Fair Value Gaps (FVGs) in trading occur when rapid price movements leave unfilled gaps between candles, highlighting areas where the market didn’t trade. These gaps represent a lack of liquidity, typically caused by strong buying or selling pressure. In market dynamics, such imbalances suggest that price moved too quickly, bypassing certain price levels, which often signals an inefficiency in the market. Market participants watch for these FVGs because price often retraces to these gaps, seeking to fill them and balance liquidity. This retracement is part of the market’s natural tendency towards efficiency, as it revisits these untraded zones to ensure all price levels are effectively covered. For ICT and SMC traders, identifying Fair Value Gaps can offer strategic entry points, anticipating a return to these gaps before the market resumes its original direction. Fair Value Gaps are particularly powerful when combined with other market analysis tools, such as support and resistance levels or order blocks. In the context of a broader market trend, FVGs can indicate either a continuation or a potential reversal, depending on where they appear in the price structure. Understanding these dynamics helps traders make informed decisions, leveraging FVGs to enhance their trading strategies. Identification of Fair Value Gap (FVG) FVGs are formed because of displacement in price. Fair Value Gaps are also known as imbalances in price movement. This happens in the market because there is very little participation and path of least resistance is clear for institutions and “Big Money”. They take advantage of the situation and move price in one direction. Fair Value Gaps are identified on candlestick charts in the following way: In identifying FVGs, three candlestick structure is formed in the market. The middle candle serves as the key candle used in identification of Fair value gap. At the same time, the first and third candles helps define the gap’s boundaries. ICT trader focuses on the relationship between the first and third candle. In an uptrend, if the low of the third candle is higher than the high of the first candle, and the middle candle doesn’t overlap with the first, an FVG has formed. In a downtrend, if the high of the third candle is lower than the low of the first candle, it indicates a gap. Its significance and importance is linked with overall market structure and trend context. Order Blocks near the FVG is considered as the important one. If FVG is in harmony with a broader trend or a key level, it becomes a reliable signal for continuation of a trend. Bullish ICT Fair Value Gap In ICT trading concepts, Fair value gap is an area where there is a notable between candles. In uptrend, FVGs are temporary imbalance in the market. It indicates strong buying pressure by Institutions and market maker. The first candle in the sequence. The middle candle, which causes the gap. It typically has a large bullish body, with the price opening higher and closing even higher, reflecting strong upward momentum. The third candle, which doesn’t fully overlap with the first candle, leaving a gap. This is the general criteria that every FVG in bullish trend. The low of the third candle must be higher than the high of first candle. The gap between first candle high and third candle low is the bullish FVG. In this area, market move too quickly and denotes aggressive buying in that area. Bullish FVG Bearish ICT Fair Value Gap (FVG) In downtrend, FVGs are temporary imbalance in the market. It indicates strong selling pressure by Institutions and market maker. The first candle in the sequence. The middle candle, which causes the gap. It typically has a large bearish body, with the price opening lower and closing even lower, reflecting strong downward momentum. The third candle, which doesn’t fully overlap with the first candle, leaving a gap. This is the general criteria that every FVG fulfill in bearish trend. The high of the third candle must be lower than the low of first candle. The gap between first candle high and third candle low is the bearish FVG. In this area, market move too quickly and denotes aggressive selling in that area. Bearish FVG Use of FVG in Trading Just like not all formations of candlestick patterns are valid on chart, same applies to Fair Value Gaps. Correct use of FVG in trading require understanding of prior trend and market structure. In an uptrend, price of an asset may eventually retrace to fill the bullish FVG as the market seeks to rebalance liquidity. ICT traders see this retracement to the FVG as potential buying opportunity. They thought that market may use the area to gather more order before continuing its trend. In a downtrend, price of an asset may eventually retrace to fill the bearish FVG as the market seeks to rebalance liquidity. ICT traders see this retracement to the FVG as potential selling opportunity. Bullish and Bearish FVGs are significant only when aligned with other bullish and bearish signals. Proper break of structure and retracement to the level is crucial. If FVG appear near supply or demand zone, it increases its authenticity. Examples of Fair Value Gap In market, Bullish FVG appears just like the example below. bullish fvg in the market After creating imbalances, market retrace to fill the imbalance. Market often tries to reach Equilibrium level before continuing its upward trend. In downtrend market, Bearish FVG appears just like the example below. bearish FVG in the market Market retraces to fill the imbalances. ICT traders find further signal when the market reaches the imbalance area. It is necessary to draw premium and discount. Premium zone in downtrend helps to filter selling opportunities and avoid inducements. It is advised to take trades on first pullback, it is often inducement laid down by institutions. Final Note Fair Value Gaps (FVGs) are powerful tools within the ICT framework for identifying potential market retracements and trade setups. However, trading involves significant risks, and no strategy guarantees success. It is crucial to combine FVGs with other analysis techniques. Always use stop-loss orders, and only risk capital you can afford to lose. Continuous learning and discipline are key to long-term trading success.
Pine Script™ indicator
by Kuavlable
G9 Multi-Cycle + Gann Square 9This Pine Script indicator plots Gann quarter (0.25), half (0.50), and full (1.00) cycles, along with an optional custom cycle step, all derived from a user-defined base price. Each cycle line is extended across the chart and labeled with the increment index and the exact computed price. You can toggle each cycle type on or off, specify how many increments to display, and set the base price as a fractional value if needed. This provides a clear visual framework for Gann-based analysis and helps identify potential support/resistance levels.
Pine Script™ indicator
by q8direct
Trend Reversion with Multi-Indicator ConfirmationStrategy Explanation: This mean reversion strategy capitalizes on temporary price deviations within established trends. The multi-indicator approach provides: EMA trend filter to avoid counter-trend trades RSI identifies overextended price movements MACD confirms momentum shifts ATR-based dynamic position sizing and risk management The combination provides high-probability entries while maintaining strict risk controls through: Volatility-adjusted position sizing 1.5x ATR stop-loss buffers Customizable risk:reward ratios Trend-filtered entries Optimization Tips: Test different EMA combinations for trend filtering Adjust RSI thresholds based on asset volatility Fine-tune ATR multipliers for stop levels Experiment with MACD settings for different timeframes The strategy automatically handles: Position sizing based on account equity Dynamic stop-loss placement Trend-confirmed mean reversion entries Visual trend identification overlay
Pine Script™ strategy
by srivar9777
Smoothed Candle Averages- NovaTheMachineThis script utilizes a series of moving averages that the user is able to change as they see fit for their own use. The averages plotted for the first 2 waves are the High-Low rays of the selected period of time with the chosen moving average style. The Bias is the Heikin Ashi High-Low ray plotted over the chosen time period, while the Secondary Bias is a higher Timeframe Bias for the same period of time on a selected higher timeframe. The visuals for each ray are able to be changed to either; lines, solid wave, or dynamic wave. The Dynamic waves will change color according to the total dissection and utilize the Min-Max range selected as a weight for the strength of the trend. Thus providing an at-a-glance overview of the price relative to trend. The key objective with this script is to gauge the longer term trend with the current price action, to establish patterns and determine strength of moves both away from and towards the moving average/bias. When both waves are trending with the Bias, it can be reasoned that there is a strong trend established, when waves and Bias are mixed or trending sideways it can be reasoned there is a range forming or potential for a direction change. When price has broken the waves and biases we can reasonably assume that a new trend has been formed, using the waves and biases again to determine the strength and length of the trend. The Table will display whether the current price is above or below each wave, and whether the price is continuing or retracing. The Signals plotted are used to help identify when price has broken a wave more swiftly.
Pine Script™ indicator
by NovaTheMachine
Quad Rotation - 4 Stochastics Overlay with ABCD Detection"Quad Rotation - 4 Stochastics Overlay with ABCD Detection" is a momentum indicator combining four separate Stochastics and an ABCD pattern detection system. Each Stochastic uses different parameter settings to capture potential rotation points in market momentum. When three or more (this number is user customizable) of these Stochastics simultaneously slope downward above the 80 level (or slope upward below the 20 level), the chart background highlights in red (bearish) or green (bullish), indicating a multi-Stochastic momentum signal. Additionally, the script tracks Stochastic #4 to detect an ABCD pattern: Long Pattern (A-B) triggers if Stochastic #4 remains above 90 for a specified number of bars (abBars). Short Pattern (C-D) triggers if Stochastic #4 remains below 10 for a specified number of bars (cdBars). Visual markers (green X for long setups, red X for short setups) appear on the chart once these conditions are met. Users can enable alerts to receive real-time notifications whenever momentum signals or ABCD patterns occur. This combination of multi-Stochastic momentum and ABCD detection helps traders gauge potential trend exhaustion and reversal points with greater confidence.
Pine Script™ indicator
by VikingIron
6
Moon Phases by Shailesh DesaiTrading Strategy Based on Lunar Phases This custom trading indicator leverages the power of lunar cycles to provide unique market insights based on the four primary moon phases: New Moon, First Quarter, Full Moon, and Third Quarter. By aligning your trades with the natural rhythm of the moon, this strategy offers a different perspective to trading and can help enhance decision-making based on the cyclical nature of the market. Key Features: 1. Moon Phase Identification: o The indicator automatically identifies the current moon phase based on the user's selected timeframe and marks it on the chart. o Each phase is visualized with a specific symbol and color to help traders easily recognize the current moon phase:  New Moon/Waxing Moon: Represented by a circle (colored as per user input).  First Quarter: Represented by a cross (colored as per user input).  Full Moon/Waning Moon: Represented by a circle (colored as per user input).  Third Quarter: Represented by a cross (colored as per user input). 2. Automatic Moon Phase Transition Detection: o The indicator tracks and highlights when a phase change occurs. This feature ensures you are always aware of when the market moves from one phase to another. o Moon phase changes are only visualized on the first bar of each new phase to avoid cluttering the chart. 3. Background Color Indicators: o The background color dynamically changes according to the current moon phase, helping to reinforce the phase context for the trader. This feature makes it easy to see at a glance which phase the market is in. 4. Customizable Appearance: o Customize the color of each moon phase to suit your preferences. Adjust the colors for the New Moon, First Quarter, Full Moon, and Third Quarter to align with your visual strategy. 5. Avoids Unsupported Timeframes: o This indicator does not support monthly timeframes, ensuring that it operates smoothly only on timeframes that are compatible with the lunar cycle. How to Use: • The moon phases are thought to have an influence on human behavior and the market's psychology, making this indicator useful for traders who wish to integrate lunar cycles into their strategy. • Traders can use the phase changes as an indicator of potential market momentum or reversal points. For example: o New Moon may indicate the beginning of a new cycle, signaling a potential upward or downward move. o Full Moon might suggest a peak or significant shift in market direction. o First Quarter and Third Quarter phases may represent moments of consolidation or decision points. Ideal for: • Traders interested in cycle-based strategies or looking to experiment with new approaches. • Those who believe in the influence of natural forces, including moon phases, on market movements. • Technical analysts who want to add another layer of insights to their chart analysis. Important Notes: • The indicator uses precise astronomical calculations to identify the correct phase, ensuring accuracy. • It’s important to understand that moon phase-based trading is not a standalone strategy but should ideally be combined with other technical analysis tools for maximum effectiveness.
Pine Script™ indicator
by shailesh_desai_5050
2022 Model ICT Entry Strategy [TradingFinder] One Setup For Life🔵 Introduction The ICT 2022 model, introduced by Michael Huddleston, is an advanced trading strategy rooted in liquidity and price imbalance, where time and price serve as the core elements. This ICT 2022 trading strategy is an algorithmic approach designed to analyze liquidity and imbalances in the market. It incorporates concepts such as Fair Value Gap (FVG), Liquidity Sweep, and Market Structure Shift (MSS) to help traders identify liquidity movements and structural changes in the market, enabling them to determine optimal entry and exit points for their trades. This Full ICT Day Trading Model empowers traders to pinpoint the Previous Day High/Low as well as the highs and lows of critical sessions like the London and New York sessions. These levels act as Liquidity Zones, which are frequently swept prior to a market structure shift (MSS) or a retracement to areas such as Optimal Trade Entry (OTE). Bullish : Bearish : 🔵 How to Use The ICT 2022 model is a sophisticated trading strategy that focuses on identifying key liquidity levels and price movements. It operates based on two main principles. In the first phase, the price approaches liquidity zones and sweeps critical levels such as the previous day’s high or low and key session levels. This movement is known as a Liquidity Sweep. In the second phase, following the sweep, the price retraces to areas like the FVG (Fair Value Gap), creating ideal entry points for trades. Below is a detailed explanation of how to apply this strategy in bullish and bearish setups. 🟣 Bullish ICT 2022 Model Setup To use the ICT 2022 model in a bullish setup, start by identifying the Previous Day High/Low or key session levels, such as those of the London or New York sessions. In a bullish setup, the price usually moves downward first, sweeping the Liquidity Low. This move, known as a Liquidity Sweep, reflects the collection of buy orders by major market participants. After the liquidity sweep, the price should shift market structure and start moving upward; this shift, referred to as Market Structure Shift (MSS), signals the beginning of an upward trend. Following MSS, areas like FVG, located within the Discount Zone, are identified. At this stage, the trader waits for the price to retrace to these zones. Once the price returns, a long trade is executed. Finally, the stop-loss should be set below the liquidity low to manage risk, while the take-profit target is usually placed above the previous day’s high or other identified liquidity levels. This structure enables traders to take advantage of the upward price movement after the liquidity sweep. 🟣 Bearish ICT 2022 Model Setup To identify a bearish setup in the ICT 2022 model, begin by marking the Previous Day High/Low or key session levels, such as the London or New York sessions. In this scenario, the price typically moves upward first, sweeping the Liquidity High. This move, known as a Liquidity Sweep, signifies the collection of sell orders by key market players. After the liquidity sweep, the price should shift market structure downward. This movement, called the Market Structure Shift (MSS), indicates the start of a downtrend. Following MSS, areas such as FVG, found within the Premium Zone, are identified. At this stage, the trader waits for the price to retrace to these areas. Once the price revisits these zones, a short trade is executed. In this setup, the stop-loss should be placed above the liquidity high to control risk, while the take-profit target is typically set below the previous day’s low or another defined liquidity level. This approach allows traders to capitalize on the downward price movement following the liquidity sweep. 🔵 Settings Swing period : You can set the swing detection period. Max Swing Back Method : It is in two modes "All" and "Custom". If it is in "All" mode, it will check all swings, and if it is in "Custom" mode, it will check the swings to the extent you determine. Max Swing Back : You can set the number of swings that will go back for checking. FVG Length : Default is 120 Bar. MSS Length : Default is 80 Bar. FVG Filter : This refines the number of identified FVG areas based on a specified algorithm to focus on higher quality signals and reduce noise. Types of FVG filters : Very Aggressive Filter: Adds a condition where, for an upward FVG, the last candle's highest price must exceed the middle candle's highest price, and for a downward FVG, the last candle's lowest price must be lower than the middle candle's lowest price. This minimally filters out FVGs. Aggressive Filter: Builds on the Very Aggressive mode by ensuring the middle candle is not too small, filtering out more FVGs. Defensive Filter: Adds criteria regarding the size and structure of the middle candle, requiring it to have a substantial body and specific polarity conditions, filtering out a significant number of FVGs. Very Defensive Filter: Further refines filtering by ensuring the first and third candles are not small-bodied doji candles, retaining only the highest quality signals. 🔵 Conclusion The ICT 2022 model is a comprehensive and advanced trading strategy designed around key concepts such as liquidity, price imbalance, and market structure shifts (MSS). By focusing on the sweep of critical levels such as the previous day’s high/low and important trading sessions like London and New York, this strategy enables traders to predict market movements with greater precision. The use of tools like FVG in this model helps traders fine-tune their entry and exit points and take advantage of bullish and bearish trends after liquidity sweeps. Moreover, combining this strategy with precise timing during key trading sessions allows traders to minimize risk and maximize returns. In conclusion, the ICT 2022 model emphasizes the importance of time and liquidity, making it a powerful tool for both professional and novice traders. By applying the principles of this model, you can make more informed trading decisions and seize opportunities in financial markets more effectively.
Pine Script™ indicator
by TFlab
10
Swing High/Low (ZigZag) [ChartPrime]Swing High/Low (ZigZag) Indicator The Swing High/Low (ZigZag) Indicator is a versatile tool for identifying and visualizing price swings, swing highs, and swing lows. It dynamically plots levels for significant price points while connecting them with a ZigZag line, enabling traders to analyze market structure and trends with precision. ⯁ KEY FEATURES Swing Highs and Lows Detection Accurately detects and marks swing highs and lows, providing a clear structure of market movements. Real-Time ZigZag Line Connects swing points with a dynamic ZigZag line for a visual representation of price trends. Customizable Swing Sensitivity Swing length input allows traders to adjust the sensitivity of swing detection to match their preferred market conditions. Swing Levels with Shadows Option to display swing levels with extended shadows for better visibility and market analysis. Broken Levels Marking Tracks and visually updates levels as dashed lines when broken, providing insights into shifts in market structure. Swing Direction Display At the top-right corner, the indicator displays the current swing direction (up or down) with a directional arrow for quick reference. Interactive Labels Marks swing levels with labels, showing the price of swing highs and lows for added clarity. Dynamic Market Structure Analysis Automatically adjusts ZigZag lines and levels as the market evolves, ensuring real-time updates for accurate trading decisions. ⯁ HOW TO USE Analyze Market Trends Use the ZigZag line and swing levels to identify the overall direction and structure of the market. Spot Significant Price Points Swing highs and lows act as potential support and resistance levels for trading opportunities. Adjust Swing Sensitivity Modify the swing length setting to match your trading strategy, whether scalping, day trading, or swing trading. Monitor Broken Levels Use the dashed lines of broken levels to identify changes in market dynamics and potential breakout or breakdown zones. Plan Entries and Exits Leverage swing levels and direction to determine optimal entry, stop-loss, and take-profit points. ⯁ CONCLUSION The Swing High/Low (ZigZag) Indicator is a powerful tool for traders seeking to visualize price swings and market structure. Its real-time updates, customizable settings, and dynamic swing direction make it an invaluable resource for technical analysis and decision-making.
Pine Script™ indicator
by ChartPrime
8
Anomaly DetectorPrice Anomaly Detector This is a script designed to identify unusual price movements. By analyzing deviations from typical price behavior, this tool helps traders spot potential trading opportunities and manage risks effectively. --- Features - Anomaly Detection: Flags price points that significantly deviate from the average. - Visual Indicators: Highlights anomalies with background colors and cross markers. - Customizable Settings: Adjust sensitivity and window size to match your trading strategy. - Real-Time Analysis: Continuously updates anomaly signals as new data is received. --- Usage After adding the indicator to your chart: 1. View Anomalies: Red backgrounds and cross markers indicate detected anomalies. 2. Adjust Settings: Modify the `StdDev Threshold` and `Window Length` to change detection sensitivity. 3. Interpret Signals: - Red Background: Anomaly detected on that bar. - Red Cross: Specific point of anomaly. --- Inputs - StdDev Threshold: Higher values reduce anomaly sensitivity. Default: 2.0. - Window Length: Larger windows smooth data, reducing false positives. Default: 20. --- Limitations - Approximation Method: Uses a simple method to detect anomalies, which may not capture all types of unusual price movements. - Performance: Extremely large window sizes may impact script performance. - Segment Detection: Does not group consecutive anomalies into segments. --- Disclaimer : This tool is for educational purposes only. Trading involves risk, and you should perform your own analysis before making decisions. The author is not liable for any losses incurred.
Pine Script™ indicator
by chauduyphanvu
Dragon Harmonic Pattern [TradingFinder] Dragon Detector🔵 Introduction The Dragon Harmonic Pattern is one of the technical analysis tools that assists traders in identifying Potential Reversal Zones (PRZ). Resembling an "M" or "W" shape, this pattern is recognized in financial markets as a method for predicting bullish and bearish trends. By leveraging precise Fibonacci ratios and measuring price movements, traders can use this pattern to forecast market trends with high accuracy. The Dragon Harmonic Pattern is built on the XABCD structure, where each point plays a significant role in shaping and forecasting price movements. Point X marks the beginning of the trend, representing the initial price movement. Point A indicates the first retracement, usually falling within the 0.380 to 0.620 range of the XA wave. Next, point B signals the second retracement, which lies within 0.200 to 0.400 of the AB wave. Point C, acting as the hump of the pattern, is generally located within 0.800 to 1.100 of the XA wave. Finally, point D represents the endpoint of the pattern and the Potential Reversal Zone (PRZ), where the primary price reversal occurs. In bullish scenarios, the Dragon Pattern indicates a reversal from a downtrend to an uptrend, where prices move upward from point D. Conversely, in bearish scenarios, prices decline after reaching point D. Accurate identification of this pattern through Fibonacci ratio analysis and PRZ examination can significantly increase the success rate of trades, enabling traders to adjust their strategies based on key market levels such as 0.618 or 1.100. Due to its high accuracy in identifying Potential Reversal Zones (PRZ) and its alignment with Fibonacci ratios, the Dragon Harmonic Pattern is considered one of the most popular tools in technical analysis. Traders can use this pattern to pinpoint entry and exit points with greater confidence while minimizing trading risks. Bullish : Bearish : 🔵 How to Use The Dragon Harmonic Pattern indicator helps traders identify bullish and bearish patterns in the market, allowing them to capitalize on available trading opportunities. By analyzing Fibonacci ratios and the XABCD structure, the indicator highlights Potential Reversal Zones (PRZ). 🟣 Bullish Dragon Pattern In the Bullish Dragon Pattern, the price transitions from a downtrend to an uptrend after reaching point D. At this stage, points X, A, B, C, and D must be carefully identified. Fibonacci ratios for these points are as follows: Point A should fall within 0.380 to 0.620 of the XA wave, point B within 0.200 to 0.400 of the AB wave, and point C within 0.800 to 1.100 of the XA wave. When the price reaches point D, traders should look for bullish signals such as reversal candlesticks or increased trading volume to enter a buy position. The take-profit level can be set near the previous price high or based on the 1.272 Fibonacci ratio of the XA wave, while the stop-loss should be placed slightly below point D. 🟣 Bearish Dragon Pattern In the Bearish Dragon Pattern, the price shifts from an uptrend to a downtrend after reaching point D. In this pattern, points X, A, B, C, and D must also be identified. Fibonacci ratios for these points are as follows: Point A should fall within 0.380 to 0.620 of the XA wave, point B within 0.200 to 0.400 of the AB wave, and point C within 0.800 to 1.100 of the XA wave. Upon reaching point D, bearish signals such as reversal candlesticks or decreasing trading volume indicate the opportunity to enter a sell position. The take-profit level can be set near the previous price low or based on the 1.272 Fibonacci ratio of the XA wave, while the stop-loss should be placed slightly above point D. By combining the Dragon Harmonic Pattern indicator with precise Fibonacci ratio analysis, traders can identify key opportunities while minimizing risks and improving their decision-making in both bullish and bearish market conditions. 🔵 Setting 🟣 Logical Setting ZigZag Pivot Period : You can adjust the period so that the harmonic patterns are adjusted according to the pivot period you want. This factor is the most important parameter in pattern recognition. Show Valid Forma t: If this parameter is on "On" mode, only patterns will be displayed that they have exact format and no noise can be seen in them. If "Off" is, the patterns displayed that maybe are noisy and do not exactly correspond to the original pattern. Show Formation Last Pivot Confirm : if Turned on, you can see this ability of patterns when their last pivot is formed. If this feature is off, it will see the patterns as soon as they are formed. The advantage of this option being clear is less formation of fielded patterns, and it is accompanied by the latest pattern seeing and a sharp reduction in reward to risk. Period of Formation Last Pivot : Using this parameter you can determine that the last pivot is based on Pivot period. 🟣 Genaral Setting Show : Enter "On" to display the template and "Off" to not display the template. Color : Enter the desired color to draw the pattern in this parameter. LineWidth : You can enter the number 1 or numbers higher than one to adjust the thickness of the drawing lines. This number must be an integer and increases with increasing thickness. LabelSize : You can adjust the size of the labels by using the "size.auto", "size.tiny", "size.smal", "size.normal", "size.large" or "size.huge" entries. 🟣 Alert Setting Alert : On / Off Message Frequency : This string parameter defines the announcement frequency. Choices include: "All" (activates the alert every time the function is called), "Once Per Bar" (activates the alert only on the first call within the bar), and "Once Per Bar Close" (the alert is activated only by a call at the last script execution of the real-time bar upon closing). The default setting is "Once per Bar". Show Alert Time by Time Zone : The date, hour, and minute you receive in alert messages can be based on any time zone you choose. For example, if you want New York time, you should enter "UTC-4". This input is set to the time zone "UTC" by default. 🔵 Conclusion The Dragon Harmonic Pattern is an advanced and practical technical analysis tool that aids traders in accurately predicting bullish and bearish trends by identifying Potential Reversal Zones (PRZ) and utilizing Fibonacci ratios. Built on the XABCD structure, this pattern stands out for its flexibility and precision in identifying price movements, making it a valuable resource among technical analysts. One of its key advantages is its compatibility with other technical tools such as trendlines, support and resistance levels, and Fibonacci retracements. By using the Dragon Harmonic Pattern indicator, traders can accurately determine entry and exit points for their trades. The indicator analyzes key Fibonacci ratios—0.380 to 0.620, 0.200 to 0.400, and 0.800 to 1.100—to identify critical levels such as price highs and lows, offering precise trading strategies. In bullish scenarios, traders can profit from rising prices, while in bearish scenarios, they can capitalize on price declines. In conclusion, the Dragon Harmonic Pattern is a highly reliable tool for identifying trading opportunities with exceptional accuracy. However, for optimal results, it is recommended to combine this pattern with other analytical tools and thoroughly assess market conditions. By utilizing this indicator, traders can reduce their trading risks while achieving higher profitability and confidence in their trading strategies.
Pine Script™ indicator
by TFlab
One Shot One Kill ICT [TradingFinder] Liquidity MMXM + CISD OTE🔵 Introduction The One Shot One Kill trading setup is one of the most advanced methods in the field of Smart Money Concept (SMC) and ICT. Designed with a focus on concepts such as Liquidity Hunt, Discount Market, and Premium Market, this strategy emphasizes precise Price Action analysis and market structure shifts. It enables traders to identify key entry and exit points using a structured Trading Model. The core process of this setup begins with a Liquidity Hunt. Initially, the price targets areas like the Previous Day High and Previous Day Low to absorb liquidity. Once the Change in State of Delivery(CISD)is broken, the market structure shifts, signaling readiness for trade entry. At this stage, Fibonacci retracement levels are drawn, and the trader enters a position as the price retraces to the 0.618 Fibonacci level. Part of the Smart Money approach, this setup combines liquidity analysis with technical tools, creating an opportunity for traders to enter high-accuracy trades. By following this setup, traders can identify critical market moves and capitalize on reversal points effectively. Bullish : Bearish : 🔵 How to Use The One Shot One Kill setup is a structured and advanced trading strategy based on Liquidity Hunt, Fibonacci retracement, and market structure shifts (CISD). With a focus on precise Price Action analysis, this setup helps traders identify key market movements and plan optimal trade entries and exits. It operates in two scenarios: Bullish and Bearish, each with distinct steps. 🟣 Bullish One Shot One Kill In the Bullish scenario, the process starts with the price moving toward the Previous Day Low, where liquidity is absorbed. At this stage, retail sellers are trapped as they enter short trades at lower levels. Following this, the market reverses upward and breaks the CISD, signaling a shift in market structure toward bullishness. Once this shift is identified, traders draw Fibonacci levels from the lowest point to the highest point of the move. When the price retraces to the 0.618 Fibonacci level, conditions for a buy position are met. The target for this trade is typically the Previous Day High or other significant liquidity zones where major buyers are positioned, offering a high probability of price reversal. 🟣 Bearish One Shot One Kill In the Bearish scenario, the price initially moves toward the Previous Day High to absorb liquidity. Retail buyers are trapped as they enter long trades near the highs. After the liquidity hunt, the market reverses downward, breaking the CISD, which signals a bearish shift in market structure. Following this confirmation, Fibonacci levels are drawn from the highest point to the lowest point of the move. When the price retraces to the 0.618 Fibonacci level, a sell position is initiated. The target for this trade is usually the Previous Day Low or other key liquidity zones where major sellers are active. This setup provides a precise and logical framework for traders to identify market movements and enter trades at critical reversal points. 🔵 Settings 🟣 CISD Logical settings Bar Back Check : Determining the return of candles to identify the CISD level. CISD Level Validity : CISD level validity period based on the number of candles. 🟣 LIQUIDITY Logical settings Swing period : You can set the swing detection period. Max Swing Back Method : It is in two modes "All" and "Custom". If it is in "All" mode, it will check all swings, and if it is in "Custom" mode, it will check the swings to the extent you determine. Max Swing Back : You can set the number of swings that will go back for checking. 🟣 CISD Display settings Displaying or not displaying swings and setting the color of labels and lines. 🟣 LIQUIDITY Display settings Displaying or not displaying swings and setting the color of labels and lines. 🔵 Conclusion The One Shot One Kill setup is one of the most effective and well-structured trading strategies for identifying and capitalizing on key market movements. By incorporating concepts such as Liquidity Hunt, CISD, and Fibonacci retracement, this setup allows traders to enter trades with high precision at optimal points. The strategy emphasizes detailed Price Action analysis and the identification of Smart Money behavior, helping traders to execute successful trades against the general market trend. With a focus on identifying liquidity in the Previous Day High and Low and aligning it with Fibonacci retracement levels, this setup provides a robust framework for entering both bullish and bearish trades. The combination of liquidity analysis and Fibonacci retracement at the 0.618 level enables traders to minimize risk and exploit major market moves effectively. Ultimately, success with the One Shot One Kill setup requires practice, patience, and strict adherence to its rules. By mastering its concepts and focusing on high-probability setups, traders can enhance their decision-making skills and build a sustainable and professional trading approach.
Pine Script™ indicator
by TFlab
9
MMXM ICT [TradingFinder] Market Maker Model PO3 CHoCH/CSID + FVG🔵 Introduction The MMXM Smart Money Reversal leverages key metrics such as SMT Divergence, Liquidity Sweep, HTF PD Array, Market Structure Shift (MSS) or (ChoCh), CISD, and Fair Value Gap (FVG) to identify critical turning points in the market. Designed for traders aiming to analyze the behavior of major market participants, this setup pinpoints strategic areas for making informed trading decisions. The document introduces the MMXM model, a trading strategy that identifies market maker activity to predict price movements. The model operates across five distinct stages: original consolidation, price run, smart money reversal, accumulation/distribution, and completion. This systematic approach allows traders to differentiate between buyside and sellside curves, offering a structured framework for interpreting price action. Market makers play a pivotal role in facilitating these movements by bridging liquidity gaps. They continuously quote bid (buy) and ask (sell) prices for assets, ensuring smooth trading conditions. By maintaining liquidity, market makers prevent scenarios where buyers are left without sellers and vice versa, making their activity a cornerstone of the MMXM strategy. SMT Divergence serves as the first signal of a potential trend reversal, arising from discrepancies between the movements of related assets or indices. This divergence is detected when two or more highly correlated assets or indices move in opposite directions, signaling a likely shift in market trends. Liquidity Sweep occurs when the market targets liquidity in specific zones through false price movements. This process allows major market participants to execute their orders efficiently by collecting the necessary liquidity to enter or exit positions. The HTF PD Array refers to premium and discount zones on higher timeframes. These zones highlight price levels where the market is in a premium (ideal for selling) or discount (ideal for buying). These areas are identified based on higher timeframe market behavior and guide traders toward lucrative opportunities. Market Structure Shift (MSS), also referred to as ChoCh, indicates a change in market structure, often marked by breaking key support or resistance levels. This shift confirms the directional movement of the market, signaling the start of a new trend. CISD (Change in State of Delivery) reflects a transition in price delivery mechanisms. Typically occurring after MSS, CISD confirms the continuation of price movement in the new direction. Fair Value Gap (FVG) represents zones where price imbalance exists between buyers and sellers. These gaps often act as price targets for filling, offering traders opportunities for entry or exit. By combining all these metrics, the Smart Money Reversal provides a comprehensive tool for analyzing market behavior and identifying key trading opportunities. It enables traders to anticipate the actions of major players and align their strategies accordingly. MMBM : MMSM : 🔵 How to Use The Smart Money Reversal operates in two primary states: MMBM (Market Maker Buy Model) and MMSM (Market Maker Sell Model). Each state highlights critical structural changes in market trends, focusing on liquidity behavior and price reactions at key levels to offer precise and effective trading opportunities. The MMXM model expands on this by identifying five distinct stages of market behavior: original consolidation, price run, smart money reversal, accumulation/distribution, and completion. These stages provide traders with a detailed roadmap for interpreting price action and anticipating market maker activity. 🟣 Market Maker Buy Model In the MMBM state, the market transitions from a bearish trend to a bullish trend. Initially, SMT Divergence between related assets or indices reveals weaknesses in the bearish trend. Subsequently, a Liquidity Sweep collects liquidity from lower levels through false breakouts. After this, the price reacts to discount zones identified in the HTF PD Array, where major market participants often execute buy orders. The market confirms the bullish trend with a Market Structure Shift (MSS) and a change in price delivery state (CISD). During this phase, an FVG emerges as a key trading opportunity. Traders can open long positions upon a pullback to this FVG zone, capitalizing on the bullish continuation. 🟣 Market Maker Sell Model In the MMSM state, the market shifts from a bullish trend to a bearish trend. Here, SMT Divergence highlights weaknesses in the bullish trend. A Liquidity Sweep then gathers liquidity from higher levels. The price reacts to premium zones identified in the HTF PD Array, where major sellers enter the market and reverse the price direction. A Market Structure Shift (MSS) and a change in delivery state (CISD) confirm the bearish trend. The FVG then acts as a target for the price. Traders can initiate short positions upon a pullback to this FVG zone, profiting from the bearish continuation. Market makers actively bridge liquidity gaps throughout these stages, quoting continuous bid and ask prices for assets. This ensures that trades are executed seamlessly, even during periods of low market participation, and supports the structured progression of the MMXM model. The price’s reaction to FVG zones in both states provides traders with opportunities to reduce risk and enhance precision. These pullbacks to FVG zones not only represent optimal entry points but also create avenues for maximizing returns with minimal risk. 🔵 Settings Higher TimeFrame PD Array : Selects the timeframe for identifying premium/discount arrays on higher timeframes. PD Array Period : Specifies the number of candles for identifying key swing points. ATR Coefficient Threshold : Defines the threshold for acceptable volatility based on ATR. Max Swing Back Method : Choose between analyzing all swings ("All") or a fixed number ("Custom"). Max Swing Back : Sets the maximum number of candles to consider for swing analysis (if "Custom" is selected). Second Symbol for SMT : Specifies the second asset or index for detecting SMT divergence. SMT Fractal Periods : Sets the number of candles required to identify SMT fractals. FVG Validity Period : Defines the validity duration for FVG zones. MSS Validity Period : Sets the validity duration for MSS zones. FVG Filter : Activates filtering for FVG zones based on width. FVG Filter Type : Selects the filtering level from "Very Aggressive" to "Very Defensive." Mitigation Level FVG : Determines the level within the FVG zone (proximal, 50%, or distal) that price reacts to. Demand FVG : Enables the display of demand FVG zones. Supply FVG : Enables the display of supply FVG zones. Zone Colors : Allows customization of colors for demand and supply FVG zones. Bottom Line & Label : Enables or disables the SMT divergence line and label from the bottom. Top Line & Label : Enables or disables the SMT divergence line and label from the top. Show All HTF Levels : Displays all premium/discount levels on higher timeframes. High/Low Levels : Activates the display of high/low levels. Color Options : Customizes the colors for high/low lines and labels. Show All MSS Levels : Enables display of all MSS zones. High/Low MSS Levels : Activates the display of high/low MSS levels. Color Options : Customizes the colors for MSS lines and labels. 🔵 Conclusion The Smart Money Reversal model represents one of the most advanced tools for technical analysis, enabling traders to identify critical market turning points. By leveraging metrics such as SMT Divergence, Liquidity Sweep, HTF PD Array, MSS, CISD, and FVG, traders can predict future price movements with precision. The price’s interaction with key zones such as PD Array and FVG, combined with pullbacks to imbalance areas, offers exceptional opportunities with favorable risk-to-reward ratios. This approach empowers traders to analyze the behavior of major market participants and adopt professional strategies for entry and exit. By employing this analytical framework, traders can reduce errors, make more informed decisions, and capitalize on profitable opportunities. The Smart Money Reversal focuses on liquidity behavior and structural changes, making it an indispensable tool for financial market success.
Pine Script™ indicator
by TFlab
7
Normalized Price ComparisonNormalized Price Comparison Indicator Description The "Normalized Price Comparison" indicator is designed to provide traders with a visual tool for comparing the price movements of up to three different financial instruments on a common scale, despite their potentially different price ranges. Here's how it works: Features: Normalization: This indicator normalizes the closing prices of each symbol to a scale between 0 and 1 over a user-defined period. This normalization process allows for the comparison of price trends regardless of the absolute price levels, making it easier to spot relative movements and trends. Crossing Alert: It features an alert functionality that triggers when the normalized price lines of the first two symbols (Symbol 1 and Symbol 2) cross each other. This can be particularly useful for identifying potential trading opportunities when one asset's relative performance changes against another. Customization: Users can input up to three symbols for analysis. The normalization period can be adjusted, allowing flexibility in how historical data is considered for the scaling process. This period determines how many past bars are used to calculate the minimum and maximum prices for normalization. Visual Representation: The indicator plots these normalized prices in a separate pane below the main chart. Each symbol's normalized price is represented by a distinct colored line: Symbol 1: Blue line Symbol 2: Red line Symbol 3: Green line Use Cases: Relative Performance Analysis: Ideal for investors or traders who want to compare how different assets are performing relative to each other over time, without the distraction of absolute price differences. Divergence Detection: Useful for spotting divergences where one asset might be outperforming or underperforming compared to others, potentially signaling changes in market trends or investment opportunities. Crossing Strategy: The alert for when Symbol 1 and Symbol 2's normalized lines cross can be used as a part of a trading strategy, signaling potential entry or exit points based on relative price movements. Limitations: Static Alert Messages: Due to Pine Script's constraints, the alert messages cannot dynamically include the names of the symbols being compared. The alert will always mention "Symbol 1" and "Symbol 2" crossing. Performance: Depending on the timeframe and the number of symbols, performance might be affected, especially on lower timeframes with high data frequency. This indicator is particularly beneficial for those interested in multi-asset analysis, offering a streamlined way to observe and react to relative price movements in a visually coherent manner. It's a powerful tool for enhancing your trading or investment analysis by focusing on trends and relationships rather than raw price data.
Pine Script™ indicator
by Provenzano77