Candle Breakout StrategyShort description (one-liner)
Candle Breakout Strategy — identifies a user-specified candle (UTC time), draws its high/low range, then enters on breakouts with configurable stop-loss, take-profit (via Risk:Reward) and optional alerts.
Full description (ready-to-paste)
Candle Breakout Strategy
Version 1.0 — Strategy script (Pine v5)
Overview
The Candle Breakout Strategy automatically captures a single "range candle" at a user-specified UTC time, draws its high/low as a visible box and dashed level lines, and waits for a breakout. When price closes above the range high it enters a Long; when price closes below the range low it enters a Short. Stop-loss is placed at the opposite range boundary and take-profit is calculated with a user-configurable Risk:Reward multiplier. Alerts for entries can be enabled.
This strategy is intended for breakout style trading where a clearly defined intraday range is established at a fixed time. It is simple, transparent and easy to adapt to multiple symbols and timeframes.
How it works (step-by-step)
On every bar the script checks the current UTC time.
When the first bar that matches the configured Target Hour:Target Minute (UTC) appears, the script records that candle’s high and low. This defines the breakout range.
A box and dashed lines are drawn on the chart to display the range and extended to the right while the range is active.
The script then waits for price to close outside the box:
Close > Range High → Long entry
Close < Range Low → Short entry
When an entry triggers:
Stop-loss = opposite range boundary (range low for longs, range high for shorts).
Take-profit = entry ± (risk × Risk:Reward). Risk is computed as the distance between entry price and stop-loss.
After entry the range becomes inactive (waitingForBreakout = false) until the next configured target time.
Inputs / Parameters
Target Hour (UTC) — the hour (0–23) in UTC when the range candle is detected.
Target Minute — minute (0–59) of the target candle.
Risk:Reward Ratio — multiplier for computing take profit from risk (0.5–10). Example: 2 means TP = entry + 2×risk.
Enable Alerts — turn on/off entry alerts (string message sent once per bar when an entry occurs).
Show Last Box Only (internal behavior) — when enabled the previous box is deleted at the next range creation so only the most recent range is visible (default behavior in the script).
Visuals & On-chart Info
A semi-transparent blue box shows the recorded range and extends to the right while active.
Dashed horizontal lines mark the range high and low.
On-chart shapes: green triangle below bar for Long signals, red triangle above bar for Short signals.
An information table (top-right) displays:
Target Time (UTC)
Active Range (Yes / No)
Range High
Range Low
Risk:Reward
Alerts
If Enable Alerts is on, the script sends an alert with the following formats when an entry occurs:
Long alert:
🟢 LONG SIGNAL
Entry Price:
Stop Loss:
Take Profit:
Short alert:
🔴 SHORT SIGNAL
Entry Price:
Stop Loss:
Take Profit:
Use TradingView's alert dialog to create alerts based on the script — select the script’s alert condition or use the alert() messages.
Recommended usage & tips
Timeframe: This strategy works on any timeframe but the definition of "candle at target time" depends on the chart timeframe. For intraday breakout styles, use 1m — 60m charts depending on the session you want to capture.
Target Time: Choose a time that is meaningful for the instrument (e.g., market open, economic release, session overlap). All times are handled in UTC.
Position Sizing: The script’s example uses strategy.percent_of_equity with 100% default — change default_qty_value or strategy settings to suit your risk management.
Filtering: Consider combining this breakout with trend filters (EMA, ADX, etc.) to reduce false breakouts.
Backtesting: Always backtest over a sufficiently large and recent sample. Pay attention to slippage and commission settings in TradingView’s strategy tester.
Known behavior & limitations
The script registers the breakout on close outside the recorded range. If you prefer intrabar breakout rules (e.g., high/low breach without close), you must adjust the condition accordingly.
The recorded range is taken from a single candle at the exact configured UTC time. If there are missing bars or the chart timeframe doesn't align, the intended candle may differ — choose the target time and chart timeframe consistently.
Only a single active position is allowed at a time (the script checks strategy.position_size == 0 before entries).
Example setups
EURUSD (Forex): Target Time 07:00 UTC — captures London open range.
Nifty / Index: Target Time 09:15 UTC — captures local session open range.
Crypto: Target Time 00:00 UTC — captures daily reset candle for breakout.
Risk disclaimer
This script is educational and provided as-is. Past performance is not indicative of future results. Use proper risk management, test on historical data, and consider slippage and commissions. Do not trade real capital without sufficient testing.
Change log
v1.0 — Initial release: range capture, box and level drawing, long/short entry by close breakout, SL at opposite boundary, TP via Risk:Reward, alerts, info table.
If you want, I can also:
Provide a short README version (2–3 lines) for the TradingView “Short description” field.
Add a couple of suggested alert templates for the TradingView alert dialog (if you want alerts that include variable placeholders).
Convert the disclaimer into multiple language versions.
Candlestick analysis
Eagles CompassFree script
Helps detect specific body/wick ratios on chart for 1HR,2HR,4HR timeframes
Designed to help you detect large squeezes, bounces, and other moves
Ideally use in conjunction with an RSI to filter for false positives
Mean Reversion Scalping by XtramaskAvoid using this indicator in aggressively trending markets . Best in Non Treanding Markets
Serenity Model VIPI — by yuu_iuHere’s a concise, practical English guide for Serenity Model VIPI (Author: yuu_iu). It covers what it is, how to set it up for daily trading, how to tune it, and how we guarantee non-repainting.
Serenity Model VIPI — User Guide (Daily Close, Non‑Repainting)
Credits
- Author: yuu_iu
- Producer: yuu_iu
- Platform: TradingView (Pine Script v5)
1) What it is
Serenity Model VIPI is a multi‑module, context‑aware trading model that fuses signals from:
- Entry modules: VCP, Flow, Momentum, Mean Reversion, Breakout
- Exit/risk modules: Contrarian, Breakout Sell, Volume Delta Sell, Peak Detector, Overbought Exit, Profit‑Take
- Context/memory: Learns per Ticker/Sector/Market Regime and adjusts weights/aggression
- Learning engine: Runs short “fake trades” to learn safely before scaling real trades
It produces a weighted, context‑adjusted score and a final decision: BUY, SELL, TAKE_PROFIT, or WAIT.
2) How it works (high level)
- Each module computes a score per bar.
- A fusion layer combines module scores using accuracy and base weights, then adjusts by:
- Market regime (Bull/Bear/Sideways) and optional higher‑timeframe (HTF) bias
- Risk control neuron
- Context memory (ticker/sector/regime)
- Optional LLM mode can override marginal cases if context supports it.
- Final decision is taken at bar close only (no intrabar repaint).
3) Non‑repainting guarantee (Daily)
- Close‑only execution: All key actions use barstate.isconfirmed, so signals/entries/exits only finalize after the daily candle closes.
- No lookahead on HTF data: request.security() reads prior‑bar values (series ) for HTF close/EMA/RSI.
- Alerts at bar close: Alerts are fired once per bar close to prevent mid‑bar changes.
What this means: Once the daily bar closes, the decision and alert won’t be repainted.
4) Setup (TradingView)
- Paste the Pine v5 code into Pine Editor, click Add to chart.
- Timeframe: 1D (Daily).
- Optional: enable a date window for training/backtest
- Enable Custom Date Filter: ON
- Set Start Date / End Date
- Create alert (non‑repainting)
- Condition: AI TRADE Signal
- Options: Once Per Bar Close
- Webhook (optional): Paste your URL into “System Webhook URL (for AI events)”
- Watch the UI
- On‑chart markers: AI BUY / AI SELL / AI TAKE PROFIT
- Right‑side table: Trades, Win Rate, Avg Profit, module accuracies, memory source, HTF trend, etc.
- “AI Thoughts” label: brief reasoning and debug lines.
5) Daily trading workflow
- The model evaluates at daily close and may:
- Enter long (BUY) when buy votes + total score exceed thresholds, after context/risk checks
- Exit via trailing stop, hard stop, TAKE_PROFIT, or SELL decision
- Learning mode:
- Triggers short “fake trades” every N bars (default 3) and measures outcome after 5 bars
- Improves module accuracies and adjusts aggression once stable (min fake win% threshold)
- Memory application:
- When you change tickers, the model tries to apply Ticker or Sector memory for the current market regime to pre‑bias module weights/aggression.
6) Tuning (what to adjust and why)
Core controls
- Base Aggression Level (default 1.0): Higher = more trades and stronger decisions; start conservative on Daily (1.0–1.2).
- Learning Speed Multiplier (default 3): Faster adaptation after fake/real trades; too high can overreact.
- Min Fake Win Rate to Exit Learning (%) (default 10–20%): Raises the bar before trusting more real trades.
- Fake Trade Every N Bars (default 3): Frequency of learning attempts.
- Learning Threshold Win Rate (default 0.4): Governs when the learner should keep learning.
- Hard Stop Loss (%) (default 5–8%): Global emergency stop.
Multi‑Timeframe (MTF)
- Enable Multi‑Timeframe Confirmation: ON (recommended for Daily)
- HTF Trend Source: HOSE:VNINDEX for VN equities (or CURRENT_SYMBOL if you prefer)
- HTF Timeframe: D or 240 (for a strong bias)
- MTF Weight Adjustment: 0.2–0.4 (0.3 default is balanced)
Module toggles and base weights
- In strong uptrends: increase VCP, Momentum, Breakout (0.2–0.3 typical)
- In sideways low‑vol regimes: raise MeanRev (0.2–0.3)
- For exits/defense: Contrarian, Peak, Overbought Exit, Profit‑Take (0.1–0.2 each)
- Keep Flow on as a volume‑quality filter (≈0.2)
Memory and control
- Enable Shared Memory Across Tickers: ON to share learning
- Enable Sector‑Based Knowledge Transfer: ON to inherit sector tendencies
- Manual Reset Learning: Use sparingly to reset module accuracies if regime changes drastically
Risk management
- Hard Stop Loss (%): 5–8% typical on Daily
- Trailing Stop: ATR‑ and volatility‑adaptive; tightens faster in Bear/High‑Vol regimes
- Max hold bars: Shorter in Bear or Sideways High‑Vol to cut risk
Alerts and webhook
- Use AI TRADE Signal with Once Per Bar Close
- Webhook payload is JSON, including event type, symbol, time, win rates, equity, aggression, etc.
7) Recommended Daily preset (VN equities)
- MTF: Enable, Source: HOSE:VNINDEX, TF: D, Weight Adj: 0.3
- Aggression: 1.1
- Learning Speed: 3
- Min Fake Win Rate to Exit Learning: 15%
- Hard SL: 6%
- Base Weights:
- VCP 0.25, Momentum 0.25, Breakout 0.15, Flow 0.20
- MeanRev 0.20 (raise in sideways)
- Contrarian/Peak/Overbought/Profit‑Take: 0.10–0.20
- Leave other defaults as is, then fine‑tune by symbol/sector.
8) Reading the UI
- Table highlights: Real Trades, Win Rate, Avg Profit, Fake Actions/Win%, VCP Acc, Aggression, Equity, Score, Status (LEARNING/TRADING/REFLECTION), Last Real, Consec Loss, Best/Worst Trade, Pattern Score, Memory Source, Current Sector, AI Health, HTF Trend, Scheduler, Memory Loaded, Fake Active.
- Shapes: AI BUY (below bar), AI SELL/TAKE PROFIT (above bar)
- “AI Thoughts”: module contributions, context notes, debug lines
9) Troubleshooting
- No trades?
- Ensure timeframe is 1D and the date filter covers the chart range
- Check Scheduler Cooldown (3 bars default) and that barstate.isconfirmed (only at close)
- If MTF is ON and HTF is bearish, buy bias is reduced; relax MTF Weight Adjustment or module weights
- Too many/too few trades?
- Lower/raise Base Aggression Level
- Adjust base weights on key modules (raise entry modules to be more active; raise exit/defense modules to be more selective)
- Learning doesn’t end?
- Increase Min Fake Win Rate to Exit Learning only after it’s consistently stable; otherwise lower it or reduce Fake Trade Every N Bars
10) Important notes
- The strategy is non‑repainting at bar close by design (confirmed bars + HTF series + close‑only alerts).
- Backtest fills may differ from live fills due to slippage and broker rules; this is normal for all TradingView strategies.
- Always validate settings across multiple symbols and regimes before going live.
If you want, I can bundle this guide into a README section in your Pine code and add a small on‑chart signature (Author/Producer: yuu_iu) in the top‑right corner.
Standard Daily VWAPVwap strategy based on mainly usd pairs for scalping it starts at the start of everyday and ends at the end of everyday and it is a line thats colour can be changed so u can design it acc to u it is best for scalping and taking small trades
Highs and Lows MarkerIndicator Description – Highs and Lows Marker
This indicator identifies swing highs and swing lows based on a simple two-candle pattern structure:
High Formation (Swing High):
A High is marked when a bullish candle (Candle Up) is immediately followed by a bearish candle (Candle Down).
The High value is taken as the highest wick price between the two candles in this formation.
This represents a potential short-term resistance or turning point in the market.
Low Formation (Swing Low):
A Low is marked when a bearish candle (Candle Down) is immediately followed by a bullish candle (Candle Up).
The Low value is taken as the lowest wick price between the two candles in this formation.
This represents a potential short-term support or reversal area.
Price Above PDH - Complete Multi-Confirmation Alert
Cashapp $jmoskyhigh
Initial Breakout: Must have ALL confirmations to even start counting
During Hold Period: If ANY confirmation fails at ANY bar, the counter RESETS to zero
Must Re-qualify: If confirmations fail, must cross PDH again with all confirmations to restart
Alert Only Fires: When ALL confirmations are continuously met for the ENTIRE hold period
3. Visual Feedback:
Green background: Above PDH + ALL confirmations present
Red background: Above PDH but MISSING one or more confirmations
Red X above bar: Shows when a confirmation is lost during breakout (counter resets)
Green triangle with "✓ ALL": Alert triggered after full confirmation period
4. Example Scenario:
Scenario 1 - SUCCESS:
Bar 1: Price crosses PDH, Volume spike, MA bullish, Above VWAP → Counter = 1
Bar 2: Still above PDH, ALL confirmations still met → Counter = 2
Bar 3: Still above PDH, ALL confirmations still met → Counter = 3
Bar 4: Still above PDH, ALL confirmations still met → Counter = 4
Bar 5: Still above PDH, ALL confirmations still met → Counter = 5 → ALERT!
Scenario 2 - FAILURE (resets):
Bar 1: Price crosses PDH, Volume spike, MA bullish, Above VWAP → Counter = 1
Bar 2: Still above PDH, ALL confirmations still met → Counter = 2
Bar 3: Still above PDH, but volume drops below threshold → RESET Counter = 0
Bar 4: Still above PDH, ALL confirmations back → Counter = 1 (starts over)
5. Info Panel:
Shows which specific confirmations are failing
"OFF" displayed for disabled confirmations
Big "ALL CONFIRMED" row shows overall status
Warning message if confirmations are lost during breakout
This ensures you only get alerts when the setup is truly strong with ALL confirmations maintained throughout the entire hold period! 🎯
Combined Advanced Trading BlueprintStacked EMAs, some SMA, VWAP, Smart Money Concept stuff all wrapped into one
Continuation Probability (0–100)This indicator helps measure how likely the current candle trend will continue or reverse, giving a probability score between 0–100.
It combines multiple market factors trend, candle strength, volume, and volatility to create a single, intuitive signal.
Volatility Resonance CandlesVolatility Resonance Candles visualize the dynamic interaction between price acceleration, volatility, and volume energy.
They’re designed to reveal moments when volatility expansion and directional momentum resonate — often preceding strong directional moves or reversals.
🔬 Concept
Traditional candles display direction and range, but they miss the energetic structure of volatility itself.
This indicator introduces a resonance model, where ATR ratio, price acceleration, and volume intensity combine to form a composite signal.
* ATR Resonance: compares short-term vs. long-term volatility
* Acceleration: captures the rate of price change
* Volume Energy: reinforces the move’s significance
When these components align, the candle color “resonates” — brighter, more intense candles signal stronger volatility–momentum coupling.
⚙️ Features
* Adaptive Scaling
Normalizes energy intensity dynamically across a user-defined lookback period, ensuring consistency in changing market conditions.
* Power-Law Transformation
Optional non-linear scaling (gamma) emphasizes higher-energy events while keeping low-intensity noise visually subdued.
* Divergence Mode
When enabled, colors can invert to highlight energy divergence from candle direction (e.g., bearish pressure during bullish closes).
* Customizable Styling
Full control over bullish/bearish base colors, transparency scaling, and threshold sensitivity.
🧠 Interpretation
* Bright / High-Intensity Candles → Strong alignment of volatility and directional energy.
Often signals the resonant phase of a move — acceleration backed by volatility expansion and volume participation.
* Dim / Low-Intensity Candles → Energy dispersion or consolidation.
These typically mark quiet zones, pauses, or inefficient volatility.
* Opposite-Colored Candles (if divergence mode on) → Potential inflection zones or hidden stress in the trend structure.
⚠️ Disclaimer
This script is for educational purposes only.
It does not constitute financial advice, and past performance is not indicative of future results. Always do your own research and test strategies before making trading decisions.
PARTH Gold Profit IndicatorWhat's Inside:
✅ What is gold trading (XAU/USD explained)
✅ Why trade gold (5 major reasons)
✅ How to make money (buy/sell mechanics)
✅ Complete trading setup using your indicator
✅ Entry rules (when to buy/sell with examples)
✅ Risk management (THE MOST IMPORTANT)
✅ Best trading times (London-NY overlap)
✅ 3 trading styles (scalping, swing, position)
✅ 6 common mistakes to avoid
✅ Realistic profit expectations
✅ Pre-trade checklist
✅ Step-by-step getting started guide
✅ Everything a beginner need
Price Trend Indicator+🧠 What it does
It measures the ratio between average price change and average volatility, showing how strong and directional the trend is.
Higher positive values = steady uptrend, negative = downtrend
📊 How to interpret
P value Signal Meaning
P > +0.5 🟢 Strong Uptrend Steady upward movement
0 < P < +0.5 🟡 Mild Uptrend Weak upward bias
P ≈ 0 ⚪ Sideways No clear direction
-0.5 < P < 0 🟠 Mild Downtrend Slight downward bias
P < -0.5 🔴 Strong Downtrend Consistent decline
ab 3 candle setup range This script identifies a 3-candle range breakout pattern. It looks for two consecutive inside candles following a base candle and triggers a buy or sell signal when price breaks the base candle’s high or low, confirming bullish or bearish momentum.
Simple Market Structure Highs & Lows🟩 Simple Market Structure Highs & Lows
This indicator identifies basic swing highs and lows based on simple two-candle patterns, giving traders a clean visual view of short-term market structure shifts.
🔹 Logic
A Swing High (H) is marked when an up candle is followed by a down candle.
→ The high of the up candle (the first one) is plotted as a green triangle above the bar.
A Swing Low (L) is marked when a down candle is followed by an up candle.
→ The low of the down candle (the first one) is plotted as a red triangle below the bar.
🔹 Purpose
This tool helps visualize basic market turning points — useful for:
Spotting local tops and bottoms
Analyzing market structure changes
Identifying potential entry/exit zones
Building the foundation for BOS/CHoCH strategies
🔹 Notes
Works on any timeframe or asset.
No repainting — signals appear after the confirming candle closes.
Simple and lightweight — ideal for traders who prefer clean structure visualization.
Clean Market Structures This indicator marks out the highs and lows on the chart, allowing traders to easily follow the market structure and identify potential liquidity zones.
Highs are plotted when an up candle is followed by a down candle, marking the highest wick of that two-candle formation.
Lows are plotted when a down candle is followed by an up candle, marking the lowest wick of that two-candle formation.
These levels often act as liquidity pools, since liquidity typically rests above previous highs and below previous lows .
By highlighting these areas, the indicator helps traders visualize where price may seek liquidity and react, making it useful for structure-based and liquidity-driven trading strategies.
Simple Market Structure Highs & Lows🟩 Simple Market Structure Highs & Lows
This indicator identifies basic swing highs and lows based on simple two-candle patterns, giving traders a clean visual view of short-term market structure shifts.
🔹 Logic
A Swing High (H) is marked when an up candle is followed by a down candle.
→ The high of the up candle (the first one) is plotted as a green triangle above the bar.
A Swing Low (L) is marked when a down candle is followed by an up candle.
→ The low of the down candle (the first one) is plotted as a red triangle below the bar.
🔹 Purpose
This tool helps visualize basic market turning points — useful for:
Spotting local tops and bottoms
Analyzing market structure changes
Identifying potential entry/exit zones
Building the foundation for BOS/CHoCH strategies
🔹 Notes
Works on any timeframe or asset.
No repainting — signals appear after the confirming candle closes.
Simple and lightweight — ideal for traders who prefer clean structure visualization.
Price Movement Alert with Previous Close as ReferenceFunctionality of the Indicator
The "Price Movement Alarm with Previous Day Close as Reference" indicator is a tool that helps you monitor significant price levels based on the previous day's closing price. The indicator calculates both decline and rise thresholds in specified percentages to generate potential trade alerts. The lines on the chart represent these thresholds, and the corresponding labels show the exact percentage.
Usage Instructions:
Previous Day's Close: The indicator uses the previous trading day's close as the reference point.
Setting Decline and Rise Percentages: You can adjust the alarm levels for declines (e.g., 0.5%, 1.0%, 1.5%, 2.0%, 2.5%, 3.0%) and rises (e.g., 0.5%, 1.0%, 1.5%, 2.0%, 2.5%, 3.0%).
Lines and Labels: The indicator draws lines on the chart and displays labels that indicate the percentage of price movement.
Market Analysis: Analyze the price movements to make potential trading decisions.
Market in Equilibrium:
A market is in equilibrium when price movements remain within a narrow range (e.g., 0.5% to 1%). During this phase, volatility is low, and there are no significant price changes.
Market not in Equilibrium:
A market is not in equilibrium when price movements fall outside the narrow range (e.g., above 1%). During this phase, larger price movements can occur, often triggered by news or economic events.
London Breakout Structure by Ale 2This indicator identifies market structure breakouts (CHOCH/BOS) within a specific London session window, highlighting potential breakout trades with automatic entry, stop loss (SL), and take profit (TP) levels.
It helps traders focus on high-probability breakouts when volatility increases after the Asian session, using price structure, ATR-based volatility filters, and a custom risk/reward setup.
🔹 Example of Strategy Application
Define your session (e.g. 04:00 to 05:00).
Wait for a CHOCH (Change of Character) inside this session.
If a bullish CHOCH occurs → go LONG at candle close.
If a bearish CHOCH occurs → go SHORT at candle close.
SL is set below/above the previous swing using ATR × multiplier.
TP is calculated automatically based on your R:R ratio.
📊 Example:
When price breaks above the last swing high within the session, a “BUY” label appears and the indicator draws Entry, SL, and TP levels automatically.
If the breakout fails and price closes below the opposite structure, a “SELL” signal will replace the bullish setup.
🔹 Details
The logic is based on structural shifts (CHOCH/BOS):
A CHOCH occurs when price breaks and closes beyond the most recent high/low.
The indicator dynamically detects these shifts in structure, validating them only inside your chosen time window (e.g. the London Open).
The ATR filter ensures setups are valid only when the range has enough volatility, avoiding false signals in low-volume hours.
You can also visualize:
The session area (purple background)
Entry, Stop Loss, and Take Profit levels
Direction labels (BUY/SELL)
ATR line for volatility context
🔹 Configuration
Start / End Hour: define your preferred trading window.
ATR Length & Multiplier: adjust for volatility.
Risk/Reward Ratio: set your desired R:R (default 1:2).
Minimum Range Filter: avoids signals with tight SLs.
Alerts: receive notifications when breakout conditions occur.
🔹 Recommendations
Works best on 15m or 5m charts during London session.
Designed for breakout and structure-based traders.
Works on Forex, Crypto, and Indices.
Ideal as a visual and educational tool for understanding BOS/CHOCH behavior.
RSI Candle 12-Band SpectrumExperience RSI like never before. This multi-band visualizer transforms relative strength into a living color map — directly over price action — revealing momentum shifts long before traditional RSI signals.
🔹 12 Dynamic RSI Bands – A full emotional spectrum from oversold to overbought, colored from deep blue to burning red.
🔹 Adaptive Pulse System – Highlights every shift in RSI state with an intelligent fade-out pulse that measures the strength of each rotation.
🔹 Precision Legend Display – Clear RSI cutoff zones with user-defined thresholds and color ranges.
🔹 Multi-Timeframe Engine – Optionally view higher-timeframe RSI context while scalping lower frames.
🔹 Stealth Mode – Borders-only visualization for minimal chart impact on dark themes.
🔹 Complete Customization – Adjustable band levels, color palettes, and fade behavior.
🧠 Designed for professional traders who move with rhythm, not randomness.
EMA100 Breakout by shubhThis indicator is a clean, price-action-based breakout system designed for disciplined trend trading on any timeframe — especially for Nifty and Bank Nifty spot, futures, and options charts.
It uses a single 100-period EMA to define trend direction and waits for decisive candle closes across the EMA to trigger potential entries.
The logic ensures only one active trade at a time, enforcing patience and clarity in decision-making.
⚙️ Core Logic
Buy Setup
A bullish candle closes above the 100 EMA while its open was below the EMA.
Entry occurs at candle close.
Stop-Loss (SL): Low of the signal candle.
Target (TP): 4 × the SL distance (Risk : Reward = 1 : 4).
Sell Setup
A bearish candle closes below the 100 EMA while its open was above the EMA.
Entry occurs at candle close.
Stop-Loss (SL): High of the signal candle.
Target (TP): 4 × the SL distance.
Trade Management
Only one trade may run at a time (either long or short).
New signals are ignored until the current position hits SL or TP.
Transparent labels show Entry, SL, and TP levels on chart.
Dotted lines visualize active Stop-Loss (red) and Target (green).
Exit markers:
✅ Target Hit
❌ Stop Loss Hit
🧠 Key Advantages
Simple and transparent trend-following logic.
Enforces disciplined “one-trade-at-a-time” behavior.
High risk-to-reward (1 : 4).
Works across timeframes — 5 min to Daily.
Ideal for intraday and positional setups.
📊 Suggested Use
Apply on Nifty / Bank Nifty spot or futures charts.
Works on any instrument with clear momentum swings.
Best confirmation when EMA 100 acts as dynamic support/resistance.
⚠️ Disclaimer
This script is for educational and research purposes only.
It is not financial advice or an invitation to trade.
Always backtest thoroughly and manage risk responsibly before applying in live markets.
VWAP Reset at Asian Session (Midnight UTC)Vwap strategy based on mainly usd pairs for scalping it starts at the start of everyday and ends at the end of everyday and it is a line thats colour can be changed so u can design it acc to u it is best for scalping and taking small trades
