$$\text{Entry and Exit Signals (RSI, MACD, Stochastic)}$$بالتأكيد. إليك شرح كامل للكود البرمجي (Pine Script) الذي يمثل استراتيجية مؤشر الزخم الثلاثي (RSI, MACD, Stochastic) باللغة الإنجليزية، مع توضيح منطق كل شرط:
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## 🇺🇸 Multi-Indicator Momentum Confirmation Strategy (Pine Script Explanation)
This custom indicator is designed to generate highly confirmed **Entry (Buy)** and **Exit (Sell/Short)** signals by ensuring that three key momentum and oscillator indicators—**RSI, MACD, and Stochastic**—are all aligned in the same direction.
### 📜 Indicator Code Structure
```pinescript
//@version=5
indicator("إشارات الدخول والخروج (RSI, MACD, Stochastic)", overlay=true)
// --- 1. Indicator Settings (Inputs) ---
rsiLength = input.int(14, title="RSI Length")
rsiLevel = input.float(50, title="Positive RSI Level")
// ... MACD and Stochastic inputs
// --- 2. Calculation of Indicators ---
rsiValue = ta.rsi(close, rsiLength)
= ta.macd(close, fastLength, slowLength, signalLength)
stochK = ta.stoch(close, high, low, stochKLength)
// --- 3. Entry (Bullish) and Exit (Bearish) Conditions ---
//
// --- 4. Final Signal Determination ---
finalEntrySignal = rsiCondition_Bullish and macdCondition_Bullish and stochCondition_Bullish
finalExitSignal = rsiCondition_Bearish and macdCondition_Bearish and stochCondition_Bearish
// --- 5. Plotting the Signals ---
plotshape(
finalEntrySignal ? low : na,
style=shape.labelup,
location=location.belowbar,
text="دخول", // 'Entry'
// ... color and size settings
)
plotshape(
finalExitSignal ? high : na,
style=shape.labeldown,
location=location.abovebar,
text="خروج", // 'Exit'
// ... color and size settings
)
```
### 🧠 Logic Behind the Entry Signal ("دخول" - Buy)
A **"Entry" (Buy)** signal is generated when **ALL THREE** of the following bullish conditions are met on the same candlestick:
| Indicator | Bullish Condition (The Logic) | Why this ensures strong momentum? |
| :--- | :--- | :--- |
| **Relative Strength Index (RSI)** | **Positive AND Increasing:** (`rsiValue > 50`) AND (`rsiValue > rsiValue `) | The asset is not only gaining strength (above the 50 centerline) but its strength is actively **accelerating** (current value is higher than the previous one). |
| **Moving Average Convergence Divergence (MACD)** | **Bullish Crossover:** `macdLine > signalLine` | This indicates that the shorter-term momentum (MACD Line) has crossed above the longer-term momentum average (Signal Line), confirming a potential shift to bullish momentum. |
| **Stochastic Oscillator** | **Positive:** `stochK > 50` | The closing price is in the upper half of the recent price range, suggesting that buying pressure is dominating the current trend cycle. |
**The `finalEntrySignal` is triggered only when `RSI_Bullish AND MACD_Bullish AND Stochastic_Bullish` are true.**
-----
### 📉 Logic Behind the Exit Signal ("خروج" - Sell/Short)
A **"Exit" (Sell/Short)** signal is generated when **ALL THREE** of the following bearish conditions are met on the same candlestick:
| Indicator | Bearish Condition (The Logic) | Why this ensures strong momentum loss? |
| :--- | :--- | :--- |
| **Relative Strength Index (RSI)** | **Negative AND Decreasing:** (`rsiValue < 50`) AND (`rsiValue < rsiValue `) | The asset is losing strength (below the 50 centerline) and its weakness is actively **accelerating** (current value is lower than the previous one). |
| **Moving Average Convergence Divergence (MACD)** | **Bearish Crossover:** `macdLine < signalLine` | The shorter-term momentum has crossed below the Signal Line, confirming a potential shift to bearish momentum. |
| **Stochastic Oscillator** | **Negative:** `stochK < 50` | The closing price is in the lower half of the recent price range, suggesting that selling pressure is dominating the current trend cycle. |
**The `finalExitSignal` is triggered only when `RSI_Bearish AND MACD_Bearish AND Stochastic_Bearish` are true.**
### 💡 Visual Output
* **Entry Signal:** Plotted as a green label with the text "دخول" (**Entry**) **below the bar** (`location.belowbar`).
* **Exit Signal:** Plotted as a red label with the text "خروج" (**Exit**) **above the bar** (`location.abovebar`).
This strategy aims to filter out weak signals by requiring a high level of consensus across multiple technical dimensions.
Indicadores y estrategias
FL Core Signals Only FL Core shows only what matters: where to enter, where to exit, and where prof
No indicator noise — just confirmed decision points on a clean chart.
Designed for traders who value structure, patience, and clarity.
What FL Core Does
FL Core marks:
ENTER LONG
ENTER SHORT
AND
EXIT SHORT
TP1 / TP2 / TP3 profit targets
All signals are generated using a fixed, non-repainting ruleset and are confirmed only after candle close.
How It Trades (High Level)
Identifies momentum shifts using internal trend logic
Requires a full candle confirmation before signaling entries
Holds trades until momentum breaks, then signals exit
Tracks profit targets automatically in points
No guessing. No anticipation. No repainting.
Session Rules
FL Core is hard-wired to operate only between 4:00 AM and 4:00 PM (exchange time).
Signals outside of this window are intentionally ignored to avoid low-liquidity and overnight conditions.
Chart Design Philosophy
This version intentionally hides all underlying indicators and displays only:
Clean entry markers
Clean exit markers
Profit plate
A single gold Exit Rail that visually guides trade management
The focus stays on execution and decision-making, not indicator interpretation.
Profit Targets
Default profit targets are:
TP1: 25 points
TP2: 40 points
TP3: 60 p
Targets can be adjusted by the user.
Note: Default profit targets are optimized for NQ/MNQ, which was the primary instrument used during testing.
Traders using ES/MES should reduce target distances to better match volatility.
Important Notes
FL Core is an indicator, not an automated trading system
Stop-loss placement is handled manually according to your trading plan
Signals are designed to encourage discipline and patience, not over-trading
Marker placement (above/below bar) is intentional and should not be changed
Who This Is For
✔ Beginner traders
✔ Traders overwhelmed by indicators
✔ Traders who want clear structure and rules
✔ Traders focused on execution discipline
Who This Is NOT For
✘ Traders looking for fully automated execution
✘ Traders who want constant signals
✘ Traders who ignore risk management
Final Thought
FL Core does not try to predict the market.
It helps you wait for confirmation, execute cleanly, and manage trades with structure.
If you want fewer decisions, clearer trades, and a calmer trading experience — this is where you start.
MACD Trend Count ScoreThis indicator aims to confirm trends in an asset's price. This confirmation is achieved by counting the MACD bars in a calculation using the chosen timeframe. Positive and negative bars are considered in the calculation of the strength index, which indicates the current trend of that asset.
This Delta index summarizes the predominance of positive or negative bars in the MACD histogram over weekly, bi-weekly, monthly, bi-monthly, and quarterly periods, and, depending on the timeframe used, its result allows one to indicate the intensity of the current trend, according to the results it shows within the following ranges:
Acima de +60 → Strong Raise.
Entre +20 e +60 → Moderate High.
Entre -20 e +20 → Neutral.
Entre -60 e -20 → Moderate Low.
Abaixo de -60 → Strong Low.
Advanced Rainbow EMA + SMMA System - VILLAGE PILOT Advanced Rainbow EMA + SMMA System
This custom indicator overlays eight rainbow‑colored EMAs (20, 25, 30, 35, 40, 45, 50, 55) together with two Smoothed Moving Averages (SMMA 50 in white, SMMA 200 in red).
Features:
🌈 Rainbow EMAs: Smooth gradient from yellow → gold → orange → dark orange → tomato → crimson → red → blue, showing short‑ to medium‑term momentum.
⚪🔴 Smoothed Moving Averages: Thick white SMMA (50) and thick red SMMA (200) for long‑term trend context.
🟩🟥 Background shading: Green when EMAs align bullish and SMMA 50 > SMMA 200, red when bearish.
📈📉 Signal arrows: “BUY” labels on Golden Cross (SMMA 50 crossing above SMMA 200), “SELL” labels on Death Cross (SMMA 50 crossing below SMMA 200).
🔔 Alerts: Built‑in TradingView alerts for Golden/Death Cross and for strong bullish/bearish EMA alignment.
Use case: This tool helps traders quickly visualize short‑term momentum against long‑term smoothed trend direction. It highlights strong trending conditions, potential reversals, and crossover signals, making it suitable for swing trading, trend following, and confirmation of entries/exits.
SMT (ICT Concepts)Overview
Smart Money Technique (SMT) Divergence is a price action analysis method derived from Inner Circle Trader (ICT) methodology. This indicator automatically detects SMT divergences by comparing price movements across correlated financial instruments, identifying moments when assets that typically move together begin to diverge - a phenomenon often associated with potential price reversals.
An SMT divergence occurs when one instrument makes a new swing high or low while a correlated instrument fails to confirm that move. This failure to confirm suggests that the instrument may be positioning for a reversal, as the divergence indicates a lack of conviction in the current price direction across related markets.
Theoretical Foundation
What is SMT Divergence?
In correlated markets, instruments tend to move in tandem. For example, the E-mini S&P 500 (ES) and E-mini Nasdaq 100 (NQ) futures typically make swing highs and lows together due to their shared exposure to U.S. equity markets. When this correlation breaks down at key swing points, it creates an SMT divergence.
Bullish SMT Divergence:
The chart instrument creates a lower low compared to a previous swing low, while the correlated comparison instrument creates a higher low (or fails to make a lower low). This divergence at the lows suggests potential buying pressure and a possible bullish reversal.
Bearish SMT Divergence:
The chart instrument creates a higher high compared to a previous swing high, while the correlated comparison instrument creates a lower high (or fails to make a higher high). This divergence at the highs suggests potential selling pressure and a possible bearish reversal.
Why SMT Divergences Matter
SMT divergences are considered significant because they may indicate:
Accumulation or distribution occurring in one instrument but not the other
Relative strength or weakness between correlated assets
Potential exhaustion of the current trend
Early warning signs before major reversals
Indicator Features
Multi-Timeframe SMT Detection
This indicator provides simultaneous SMT detection on two timeframes:
Current Timeframe (CTF) Detection:
The indicator scans for SMT divergences on the chart's active timeframe using multiple pivot lookback periods (3, 5, 8, 13, 21, and 34 bars). This multi-period approach ensures detection of both short-term and intermediate swing points, reducing the likelihood of missing valid divergences while filtering out noise.
Higher Timeframe (HTF) Detection:
Simultaneously, the indicator monitors a higher timeframe for SMT divergences using pivot periods of 3, 5, 8, 13, and 21 HTF candles. Higher timeframe signals generally carry more significance as they represent larger market structure.
Automatic Timeframe Pairing:
When enabled, the indicator automatically selects an appropriate higher timeframe based on your chart's current timeframe:
Sub-1 minute charts pair with 5-minute
1-2 minute charts pair with 15-minute
3-4 minute charts pair with 30-minute
5 minute charts pair with 1-hour
6-9 minute charts pair with 1-hour
15 minute charts pair with 4-hour
16-59 minute charts pair with Daily
1-4 hour charts pair with Weekly
Daily charts pair with Monthly
Combined Signal Detection:
When an SMT divergence is detected on both the current timeframe and higher timeframe at the same price pivots, the indicator combines these into a single enhanced signal. Combined signals display both timeframes in the label and use the higher timeframe styling to emphasize their increased significance.
Automatic Symbol Correlation
The indicator includes comprehensive automatic symbol selection based on the instrument you are viewing. When Auto SMT is enabled, the indicator intelligently selects correlated comparison symbols.
Index Futures Correlations:
E-mini Contracts:
NQ (Nasdaq 100) compares with ES (S&P 500) and YM (Dow Jones)
ES (S&P 500) compares with NQ (Nasdaq 100) and YM (Dow Jones)
YM (Dow Jones) compares with NQ (Nasdaq 100) and ES (S&P 500)
RTY (Russell 2000) compares with ES (S&P 500) and NQ (Nasdaq 100)
Micro Contracts:
MNQ (Micro Nasdaq) compares with MES (Micro S&P) and MYM (Micro Dow)
MES (Micro S&P) compares with MNQ (Micro Nasdaq) and MYM (Micro Dow)
MYM (Micro Dow) compares with MNQ (Micro Nasdaq) and MES (Micro S&P)
M2K (Micro Russell) compares with MES (Micro S&P) and MNQ (Micro Nasdaq)
Metals Futures Correlations:
Standard Contracts:
GC (Gold) compares with SI (Silver) and PL (Platinum)
SI (Silver) compares with GC (Gold) and PL (Platinum)
PL (Platinum) compares with GC (Gold) and SI (Silver)
Micro Contracts:
MGC (Micro Gold) compares with SIL (Micro Silver) and PL (Platinum)
SIL (Micro Silver) compares with MGC (Micro Gold) and PL (Platinum)
Energy Futures Correlations:
CL (Crude Oil) compares with RB (RBOB Gasoline) and NG (Natural Gas)
RB (RBOB Gasoline) compares with CL (Crude Oil) and NG (Natural Gas)
NG (Natural Gas) compares with CL (Crude Oil) and RB (RBOB Gasoline)
MCL (Micro Crude) compares with RB (RBOB Gasoline) and NG (Natural Gas)
Major ETF Correlations:
SPY (S&P 500 ETF) compares with QQQ, DIA, and IWM
QQQ (Nasdaq 100 ETF) compares with SPY, DIA, and IWM
DIA (Dow Jones ETF) compares with SPY, QQQ, and IWM
IWM (Russell 2000 ETF) compares with SPY, QQQ, and DIA
Stock Sector Mapping:
When viewing individual stocks, the indicator automatically identifies the stock's sector and selects appropriate sector ETFs for comparison:
Technology Sector (AAPL, MSFT, GOOGL, NVDA, AMD, INTC, etc.):
Primary: QQQ (Nasdaq 100 ETF)
Secondary: XLK (Technology Select Sector SPDR)
Tertiary: SPY (S&P 500 ETF)
Financial Sector (JPM, BAC, GS, MS, WFC, etc.):
Primary: XLF (Financial Select Sector SPDR)
Secondary: KBE (SPDR S&P Bank ETF)
Tertiary: SPY (S&P 500 ETF)
Energy Sector (XOM, CVX, COP, SLB, etc.):
Primary: XLE (Energy Select Sector SPDR)
Secondary: USO (United States Oil Fund)
Tertiary: SPY (S&P 500 ETF)
Healthcare Sector (JNJ, UNH, PFE, MRK, LLY, etc.):
Primary: XLV (Health Care Select Sector SPDR)
Secondary: IBB (iShares Biotechnology ETF)
Tertiary: SPY (S&P 500 ETF)
Consumer Discretionary Sector (TSLA, HD, NKE, MCD, etc.):
Primary: XLY (Consumer Discretionary Select Sector SPDR)
Secondary: SPY (S&P 500 ETF)
Tertiary: QQQ (Nasdaq 100 ETF)
Consumer Staples Sector (PG, KO, PEP, WMT, COST, etc.):
Primary: XLP (Consumer Staples Select Sector SPDR)
Secondary: SPY (S&P 500 ETF)
Tertiary: QQQ (Nasdaq 100 ETF)
Industrial Sector (CAT, BA, HON, UPS, etc.):
Primary: XLI (Industrial Select Sector SPDR)
Secondary: SPY (S&P 500 ETF)
Tertiary: QQQ (Nasdaq 100 ETF)
Materials Sector (LIN, APD, SHW, FCX, NEM, etc.):
Primary: XLB (Materials Select Sector SPDR)
Secondary: GLD (SPDR Gold Shares)
Tertiary: SPY (S&P 500 ETF)
Utilities Sector (NEE, DUK, SO, etc.):
Primary: XLU (Utilities Select Sector SPDR)
Secondary: SPY (S&P 500 ETF)
Tertiary: QQQ (Nasdaq 100 ETF)
Real Estate Sector (AMT, PLD, CCI, etc.):
Primary: XLRE (Real Estate Select Sector SPDR)
Secondary: VNQ (Vanguard Real Estate ETF)
Tertiary: SPY (S&P 500 ETF)
Communication Services Sector (NFLX, DIS, CMCSA, VZ, T, etc.):
Primary: XLC (Communication Services Select Sector SPDR)
Secondary: SPY (S&P 500 ETF)
Tertiary: QQQ (Nasdaq 100 ETF)
Forex Correlations:
EURUSD compares with GBPUSD
GBPUSD compares with EURUSD
Cryptocurrency Correlations:
BTCUSD compares with ETHUSD
ETHUSD compares with BTCUSD
Three-Symbol Comparison
The indicator supports comparison against up to three symbols simultaneously. When multiple comparison symbols show divergence at the same pivot point, all diverging symbols are displayed in the label, providing stronger confluence. For example, if NQ shows divergence with both ES and YM at the same swing high, the label will display "ES1! + YM1!" indicating divergence confirmation from multiple correlated instruments.
Invalidation Logic
SMT divergences are not indefinitely valid. The indicator includes automatic invalidation logic based on price action following the divergence signal.
Invalidation Rules:
Bearish SMT: Invalidates when price trades above the high of the confirmation pivot (right side of the divergence)
Bullish SMT: Invalidates when price trades below the low of the confirmation pivot (right side of the divergence)
The invalidation level is set at the confirmation bar (the second pivot that completes the SMT pattern), not the extreme of both pivots. This approach aligns with the concept that once price exceeds the confirmation point, the divergence setup is no longer valid.
Invalidation Display Options:
Users can choose to show or hide invalidated SMT signals separately for current timeframe and higher timeframe divergences. When shown, invalidated signals can be displayed with different line styles and widths to visually distinguish them from active signals. Separate limits prevent excessive invalidated signals from cluttering the chart (maximum 15 invalidated signals per timeframe type).
Input Settings
General Settings
Enable SMT Detection:
Master toggle to enable or disable all SMT divergence detection. When disabled, no SMT signals will be calculated or displayed.
Direction:
Filter which divergence types to display:
Both: Display both bullish and bearish SMT divergences
Bullish: Display only bullish SMT divergences (divergence at lows)
Bearish: Display only bearish SMT divergences (divergence at highs)
Symbol Settings
Enable Auto SMT:
When enabled, the indicator automatically selects correlated comparison symbols based on the chart instrument using the correlation mappings described above. When disabled, manual symbol inputs are used.
Symbol 1 (with enable toggle):
First comparison symbol. Enabled by default. When Auto SMT is disabled, enter the desired symbol manually.
Symbol 2 (with enable toggle):
Second comparison symbol. Enabled by default. When Auto SMT is disabled, enter the desired symbol manually.
Symbol 3 (with enable toggle):
Third comparison symbol. Disabled by default. Enable for additional confirmation from a third correlated instrument.
Current Timeframe SMT Settings
Show Current TF SMTs:
Toggle visibility of SMT divergences detected on the chart's current timeframe.
Bullish Color:
Color for bullish SMT divergence lines and labels on the current timeframe.
Bearish Color:
Color for bearish SMT divergence lines and labels on the current timeframe.
Line Style:
Style for current timeframe SMT lines (solid, dashed, or dotted).
Line Width:
Width of current timeframe SMT lines (1-4 pixels).
Show Labels:
Toggle visibility of labels on current timeframe SMT divergences.
Label Style:
Normal: Displays full information including timeframe and diverging symbol names
+/-: Displays minimal "+" or "-" characters with full information available in hover tooltip
Label Size:
Size of current timeframe SMT labels (Tiny, Small, Normal, or Large).
Show Invalidated:
Toggle visibility of invalidated current timeframe SMT signals.
Invalidated Line Style:
Line style for invalidated current timeframe SMT signals.
Invalidated Line Width:
Line width for invalidated current timeframe SMT signals.
Higher Timeframe SMT Settings
Show Higher TF SMTs:
Toggle visibility of SMT divergences detected on the higher timeframe.
Auto Timeframe:
When enabled, automatically selects an appropriate higher timeframe based on the chart's current timeframe. When disabled, uses the manually specified timeframe.
Manual Timeframe:
When Auto Timeframe is disabled, specify the higher timeframe to scan for SMT divergences.
Bullish Color:
Color for bullish SMT divergence lines and labels on the higher timeframe.
Bearish Color:
Color for bearish SMT divergence lines and labels on the higher timeframe.
Line Style:
Style for higher timeframe SMT lines (solid, dashed, or dotted).
Line Width:
Width of higher timeframe SMT lines (1-4 pixels).
Show Labels:
Toggle visibility of labels on higher timeframe SMT divergences.
Label Style:
Normal: Displays full information including timeframe and diverging symbol names
+/-: Displays minimal "+" or "-" characters with full information available in hover tooltip
Label Size:
Size of higher timeframe SMT labels (Tiny, Small, Normal, or Large).
Show Invalidated:
Toggle visibility of invalidated higher timeframe SMT signals.
Invalidated Line Style:
Line style for invalidated higher timeframe SMT signals.
Invalidated Line Width:
Line width for invalidated higher timeframe SMT signals.
Visual Representation
Line Display
SMT divergences are displayed as lines connecting the two pivot points that form the divergence:
For bearish SMT: A line connects the previous swing high to the current (higher) swing high
For bullish SMT: A line connects the previous swing low to the current (lower) swing low
The line color indicates the divergence type (bullish or bearish) and whether it was detected on the current timeframe or higher timeframe.
Label Display
Labels are positioned at the midpoint of the SMT line and display:
The timeframe on which the divergence was detected
The symbol(s) that showed divergence with the chart instrument
When using the "+/-" label style, labels show only "+" for bullish or "-" for bearish divergences, with full information accessible via hover tooltip.
All labels use monospace font formatting for consistent visual appearance.
Combined Signals
When the same divergence is detected on both current and higher timeframes, the signals are combined into a single display using higher timeframe styling. The label shows both timeframes (e.g., "M2 + M15") and all diverging symbols, indicating strong multi-timeframe confluence.
Practical Application Guidelines
Signal Interpretation
SMT divergences should be interpreted within the broader market context. Consider the following when evaluating signals:
Market Structure: SMT divergences occurring at key structural levels (previous highs/lows, order blocks, fair value gaps) tend to be more significant.
Timeframe Confluence: Signals appearing on multiple timeframes simultaneously suggest stronger institutional involvement.
Symbol Confluence: Divergences confirmed by multiple comparison symbols indicate broader market disagreement with the current price direction.
Time of Day: SMT divergences during high-volume trading sessions may carry more weight than those during low-liquidity periods.
Limitations and Considerations
Correlation Variability: Correlations between instruments can strengthen or weaken over time. The automatic symbol selection is based on typical correlations but may not always reflect current market conditions.
Pivot Detection Lag: Pivots are only confirmed after subsequent price action, meaning SMT signals appear with some delay after the actual swing point forms.
False Signals: Not all SMT divergences result in reversals. Use additional confirmation methods and proper risk management.
Data Requirements: The indicator requires sufficient historical data and may not function properly on instruments with limited price history.
Technical Notes
The indicator uses multiple pivot detection periods to identify swing points across different scales
Higher timeframe candle tracking is performed on the lower timeframe chart for precise pivot bar indexing
A deduplication system prevents the same divergence from being detected multiple times across different pivot periods
Array-based storage manages active and invalidated SMT signals with automatic cleanup to prevent memory issues
Maximum label and line counts are set to 500 each to accommodate extended analysis periods
Disclaimer
This indicator is provided for educational and informational purposes only. It is designed to assist traders in identifying potential SMT divergences based on historical price data and should not be considered as financial advice or a recommendation to buy or sell any financial instrument.
Trading financial markets involves substantial risk of loss and is not suitable for all investors. Past performance of any trading methodology, including concepts discussed in this indicator, does not guarantee future results. Users should conduct their own research and analysis before making any trading decisions.
The automatic symbol correlations and sector mappings are based on general market relationships and may not accurately reflect current or future correlations. Users are encouraged to verify correlations independently and adjust comparison symbols as needed.
Always use appropriate risk management techniques, including but not limited to position sizing and stop-loss orders. Never risk more capital than you can afford to lose.
Abyss Protocol OneAbyss Protocol One — Momentum Exhaustion Trading System
Overview
Abyss Protocol One is a momentum exhaustion indicator designed to identify high-probability reversal points by detecting when price momentum has reached extreme levels. It combines Chande Momentum Oscillator (CMO) threshold signals with dynamic volatility-adjusted bands and multiple protective filters to generate buy and sell signals.
Core Concept
The indicator operates on the principle that extreme momentum readings (CMO reaching ±80) often precede mean reversion. Rather than chasing trends, Abyss Protocol waits for momentum exhaustion before signaling entries and exits.
Key Components
1. Dynamic Bands (Money Line ± ATR)
Center line uses linear regression (Money Line) for smooth trend representation
Bands expand and contract based on Bollinger Band Width Percentile (BBWP)
Low volatility (BBWP < 30): Tighter bands using lower multiplier
High volatility (BBWP > 70): Wider bands using higher multiplier
Bands visually adapt to current market conditions
2. CMO Exhaustion Signals
BUY Signal: CMO drops below -80 (oversold/momentum exhaustion to downside)
SELL Signal: CMO rises above +80 (overbought/momentum exhaustion to upside)
Thresholds are configurable for different assets and timeframes
3. ADX Filter
Signals only fire when ADX exceeds minimum threshold (default: 22)
Ensures there's enough directional movement to trade
Prevents signals during choppy, directionless markets
4. Band Contraction Filter
Calculates band width percentile rank over configurable lookback
When bands are contracted (below 18th percentile), ALL signals are blocked
Prevents trading during low-volatility squeeze periods where breakout direction is uncertain
5. Consecutive Buy Limit
Maximum of 3 consecutive buys allowed before a sell is required
Prevents overexposure during extended downtrends
Counter resets when a sell signal fires
6. Underwater Protection
Tracks rolling average of recent entry prices (last 10 entries within 7 days)
Blocks sell signals if current price is below average entry price
Prevents locking in losses during drawdowns
7. Signal Cooldown
Minimum 5-bar cooldown between signals
Prevents rapid-fire signals during volatile swings
8. Extreme Move Detection
Detects when price penetrates beyond bands by more than 0.6 × ATR
Extreme signals can bypass normal cooldown period
Fire intra-bar for faster response to capitulation/blow-off moves
Still respects max consecutive buys and underwater protection
Visual Features
Trend State Detection
The indicator classifies market conditions into six states based on EMA stack, price position, and directional indicators:
STRONG UP: Full bullish alignment (EMA stack + price above trend + bullish DI + ADX > threshold)
UP: Moderate bullish conditions
NEUTRAL: No clear directional bias
DOWN: Moderate bearish conditions
STRONG DOWN: Full bearish alignment
CONTRACTED: Bands squeezed, volatility low
ADX Trend Bar
Colored dots at chart bottom provide instant trend state visibility:
Lime = Strong Uptrend
Blue = Uptrend
Orange = Neutral
Red = Downtrend
Maroon = Strong Downtrend
White = Contracted
Volume Spike Highlighting
Purple background highlights candles where volume exceeds 2x the 20-bar average, helping identify institutional activity or significant market events.
Signal Labels
Buy labels show consecutive buy count (e.g., "BUY 2/3"), price, and CMO value
Sell labels show consecutive sell count, price, and CMO value
Extreme signals display in distinct colors (cyan for buys, fuchsia for sells)
Signal candles turn bright blue for easy identification
Info Panel
Real-time dashboard displaying:
Current trend state
CMO value with threshold status
CMO thresholds (buy/sell levels)
ADX with directional indicator (▲/▼) and signal eligibility
BBWP percentage
Buy/Sell counters
Average entry price (with underwater shield indicator 🛡 when protected)
Price position relative to Money Line
Band width percentile rank
Extreme move status
Signals status (OPEN/BLOCKED)
Recommended Use
Timeframe: 5-15 minute charts (parameters tuned for this range)
Best suited for: Assets with regular oscillations between overbought/oversold extremes
Trading style: Mean reversion, momentum exhaustion, scaled entries
Parameters Summary
Money Line Length: 12 — Smoothing for center line
ATR Length: 10 — Volatility measurement
Band Multiplier (Low/High Vol): 1.5 / 2.5 — Dynamic band width
CMO Length: 9 — Momentum calculation period
CMO Buy/Sell Threshold: -80 / +80 — Signal trigger levels
ADX Min for Signals: 22 — Minimum trend strength
Signal Cooldown: 5 bars — Minimum bars between signals
Max Consecutive Buys: 3 — Position scaling limit
Band Contraction Threshold: 18th %ile — Low volatility filter
Band Contraction Lookback: 188 bars — Percentile calculation period
Extreme Penetration: 0.6 × ATR — Threshold for extreme signals
Momentum Pulse Pro [MTF]# Momentum Pulse Pro
## What It Does
Detects when price momentum is stretched to extremes. The indicator analyzes momentum and highlights when the market is overextended — either too hot or too cold.
- **Green background** = Low momentum, potential bounce ahead
- **Red background** = High momentum, potential reversal ahead
- **Stronger color** = Stronger signal
## The Panel
Displays a Momentum Index from 0-100:
- **Below 30** = Stretched to the downside
- **30-70** = Neutral zone
- **Above 70** = Stretched to the upside
## How to Use
1. Wait for the background to change color
2. Stronger color = higher probability setup
3. Use as a filter for your strategy — don't trade it alone
## Settings
- **Colors** — Customize green/red
- **Transparency** — Background visibility
- **Confluence Intensity** — How fast color intensifies
- **Panel Position** — Move the info panel
## Alerts
- Momentum enters extreme zone
- Momentum strengthens or weakens inside extreme zone
## Good to Know
- Non-repainting
- Works on any market
- Best on 4H chart or lower
FTL Context Teaser - PublicFTL Context (Teaser) – Public
FTL Context (Teaser) is a visual market context layer designed to highlight periods of increased market risk and structural tension.
This script does NOT provide trading signals and is NOT intended for standalone trading decisions.
It serves as a contextual overlay only, helping traders visually identify when market conditions shift away from equilibrium.
The teaser version is intentionally limited and does not expose the underlying logic or decision framework.
Full functionality, advanced filters, and integrated decision logic are available in the invite-only FTL Context Layer (PRO).
📩 Contact / PRO access:
fairtradinglab@gmail.com
Educational & informational use only.
The Rumers - Magic LinesThe Rumers Magic Lines identify key pivotal price points commonly used by institutional traders as liquidity areas to fill positions.
These levels highlight zones where large players are most active — areas where price tends to pause, reverse, or accelerate as liquidity is absorbed.
I personally use Magic Lines to:
Buy near the lower lines
Sell near the upper lines
Combine them with Pitchfork structure and candlestick confirmation for precise entries and exits
This indicator is not a signal by itself. It provides context and structure, allowing you to align with institutional activity and let price action confirm the trade.
Clean levels. Institutional logic. No noise.
by Silvia Rumer
Trade Live with The Rumers:
course.therumers.com
Trinity Bollinger Bands Pro with BreakoutsTrinity Bollinger Bands Pro Indicator
The **Trinity Bollinger Bands Pro + Triple Bands & Expansion** is a highly customized, advanced volatility and breakout indicator built on the classic Bollinger Bands framework. It expands the standard single-pair bands into **three independent deviation levels** (typically 1σ, 2σ, and 3σ) around a user-selectable moving average basis (default EMA 20). This creates clear "zones" of volatility, with dynamic trend-based coloring, layered fills, fixed-style labels, and a statistical volatility expansion detector shown as a directional background highlight in a separate pane. The result is a visually intuitive tool that helps traders identify consolidation, building momentum, confirmed trends, and rare explosive moves with high-probability filtering.
### Why It's Good and Different from Standard Indicators
This indicator stands out by addressing common limitations of traditional Bollinger Bands and multi-deviation scripts:
- **Layered statistical significance**: Unlike single (2σ) or basic double-band setups, it provides three distinct levels—early momentum (1σ), standard confirmation (2σ), and extreme/rare breakouts (3σ)—making it easier to stage trades progressively rather than relying on one ambiguous cross.
- **Trend-aware visuals**: Bands, basis, and fills change color based on price position relative to a separate trend MA, giving immediate bullish/bearish bias without needing additional indicators.
- **Clean, fixed labels**: Tiny, arrow-pointing labels ("1/2/3 SD Above/Below", "BB Basis") with consistent colors (purple upper, blue lower, yellow basis) provide instant identification
- **Statistical expansion detection**: Uses percentile ranking of band width "bell curve" concept" to identify abnormally high volatility, triggering directional background highlights (green bullish, red bearish) earlier than raw width spikes.
- **Reduced noise and fakeouts**: Tiered breakouts + expansion filter focus alerts on high-probability moves, unlike most BB scripts that flood signals on every touch.
Compared to popular public scripts (e.g., standard Bollinger Bands, Triple BB variants, or separate BBW Percentile tools), this combines everything into one cohesive indicator with superior visual clarity and statistical rigor.
### Key Features
- **Triple customizable bands**: Enable/disable and adjust multipliers for 1σ (early), 2σ (confirmed), 3σ (extreme) deviations.
- **Trend-based dynamic coloring**: Separate editable colors for each band set (bullish/bearish).
- **Layered zone fills**: Colored between bands with transparency, reflecting current trend.
- **Fixed tiny labels**: All left-pointing arrows with purple (upper), blue (lower), yellow (basis) backgrounds for quick reference.
- **Statistical expansion overlay**: with directional background (green/red) during extreme volatility expansions (earlier trigger using 2σ width).
- **Tiered alerts**: Early (Band 1), Confirmed (Band 2), Extreme (Band 3), High-Probability (Extreme + expansion), and general expansion alerts.
- **Fully configurable basis**: Length, type (SMA/EMA/WMA/RMA), and thin fixed lines for minimal clutter.
### How Traders Can Use It
- **Spot squeezes and breakouts**: Watch for tight bands (low width) → expansion background → price closing outside Band 1 (early entry), Band 2 (add/confirm), Band 3 (strong trend conviction).
- **Filter fakeouts**: Only act on crosses accompanied by expansion background color matching trend direction—dramatically reduces whipsaws.
- **Trend riding**: Price "walking" colored bands (e.g., hugging upper purple-label bands in green background = strong bullish momentum).
- **Scalping/intraday**: On lower timeframes (e.g., 10min), use early Band 1 signals with expansion for quick moves.
- **Swing/position trading**: Wait for Band 3 extreme breakout + colored background for higher-probability, larger moves.
- **Risk management**: Place stops near basis or inner band; trail using outer bands during expansions.
Overall, this indicator excels at turning volatility into actionable, staged signals with visual simplicity—ideal for traders seeking an edge in identifying real explosive trends over noise. It's particularly powerful on volatile stocks like AMD/INTC or indices during news/events.
AJ Super Blast SignalsPrice action trading script suited for all TF, it will work on all instruments NIFTY/ BANK NIFTY/COMMODITY/SENSEX/ MIDCAP NIIFTY AND CRYPTOCURRENCY....IT HELPS TO AVOID SIDEWAYS MARKET SIGNALS WHICH PREVIOUS SCRIPTS DOESNT DO
Session Levels (Daily & Weekly Targets)This indicator provides market structure and contextual reference only. It does not generate trade signals, entries, or trading advice.
Plots rolling previous daily and weekly highs/lows as potential target levels. Levels automatically remove once touched (including wicks). Default visibility is NY session with optional toggles for London and Asia. Designed for intraday structure, confluence, and target identification.
Broad Patch Levels + EMA (Daily/Weekly) with Directional AlertsThis indicator provides dynamic support and resistance levels along with trend guidance using EMA lines for daily or weekly timeframes. It is fully customizable, offering toggles for individual levels, trend lines, and alert notifications.
Key highlights:
Clearly visualize key market levels for potential trade entries and exits.
Monitor trend direction with EMA-based guidance.
Receive alerts when price interacts with important levels or trend zones.
Configurable visibility and alert options for a clean and personalized chart layout.
Ideal for professional traders looking for a structured, easy-to-read market perspective without exposing proprietary methods or calculations.
ORB Strategy + Backtesting (fixed timestamp) - Lines Adjusted⚡ ORB Strategy + Backtesting (Pine Script v5)
This script implements a complete Opening Range Breakout (ORB) strategy, featuring built-in backtesting, advanced TP/SL visualization, full style customization, and a performance dashboard. It is designed for traders who want to clearly evaluate breakout performance directly on the chart.
🕑 ORB Window Configuration
🔹 Session selection: choose between Market Timezone or Custom Session.
🔹 Timezone support: configurable from UTC-8 to UTC+12.
🔹 Daily limit: option to allow only one trade per day.
🔹 Risk/Reward (RR) settings:
Configurable TP1, TP2, and TP3 levels.
Stop Loss calculated dynamically from the ORB range.
📊 Backtesting Engine
🔹 Interactive dashboard showing trades, wins, losses, and win rate.
🔹 Adjustable partial exits for each TP (TP1, TP2, TP3).
🔹 Automatic calculation of percentage-based profit and loss.
🔹 Tracks total trades, total profit, and average profit per trade.
🎨 Visual Customization
🔹 Fully customizable colors:
ORB high/low lines and range fill.
Buy/Sell entry labels.
TP and SL lines with background zones.
🔹 Line style and thickness options (solid, dotted, dashed).
🔹 Visibility controls for each TP/SL level.
🔹 Clear profit and loss zones drawn directly on the chart.
🚀 Trading Logic
🔹 LONG entries: triggered when price breaks above the ORB high.
🔹 SHORT entries: triggered when price breaks below the ORB low.
🔹 Automatic calculation of Stop Loss and TP1, TP2, TP3 based on ORB range and RR.
🔹 Customizable BUY / SELL labels displayed at entry.
✅ TP / SL Detection
🔹 Real-time detection of TP1, TP2, TP3, and SL hits.
🔹 Prevents double counting of the same level.
🔹 Extended TP/SL lines with shaded zones for better clarity.
📈 Backtesting Dashboard
🔹 Displayed in the top-right corner of the chart.
🔹 Shows:
Total trades
Wins / Losses
Win rate (%)
Total profit (%)
Average profit per trade
🔹 Fully customizable panel color.
✨ Summary
This script combines:
Opening Range detection
Breakout trading logic with advanced risk management
Professional-grade visualizations
Integrated historical performance tracking
High customization for sessions, styles, and colors
💡 Ideal for traders who want to trade ORB setups with clarity, structure, and measurable results.
RSI+Breadth Multi-Factor# RSI+ Breadth Multi-Factor Indicator
**Multi-factor scoring system for US market timing | 美股多因子择时评分系统**
[! (img.shields.io)](www.tradingview.com)
[! (img.shields.io)](www.tradingview.com)
[! (img.shields.io)](LICENSE)
---
## Overview | 概述
A quantitative indicator that combines **RSI**, **market breadth** (% above 20/50-day MA), and **up/down volume ratio** to generate actionable buy/sell signals for SPY, QQQ, and IWM.
这是一个结合 **RSI**、**市场广度**（站上20/50日均线比例）和 **涨跌成交量比** 的量化指标，为 SPY、QQQ 和 IWM 生成可操作的买卖信号。
---
## Features | 功能特点
| Feature | 功能 |
|---------|------|
| 🎯 Multi-factor scoring (-10 to +10) | 多因子评分系统 (-10 到 +10) |
| 📊 RSI + Breadth + Volume integration | RSI + 广度 + 成交量三重验证 |
| 🔀 Three markets: SPY, QQQ, IWM | 三大市场：SPY、QQQ、IWM |
| 🔥 Cross-market resonance detection | 跨市场共振信号检测 |
| 📈 Trend filter (MA-based) | 趋势过滤（均线判断） |
| ⏰ Auto-adapts to intraday timeframes | 自动适配日内时间周期 |
| 🎚️ Three modes: Aggressive/Standard/Conservative | 三种模式：激进/标准/保守 |
---
## Signal Reference | 信号说明
| Score | Emoji | Signal | 中文 | Action |
|:-----:|:-----:|--------|:----:|--------|
| ≥ 6 | 🚀 | **PANIC LOW** | 恐慌低点 | Strong buy 强烈买入 |
| ≥ 4 | 📈 | **BUY ZONE** | 低吸区 | Accumulate 分批建仓 |
| -3~3 | - | **HOLD** | 持有 | Hold position 持仓观望 |
| ≤ -4↑ | ⭐ | **ELEVATED** | 高估 | Hold cautious 持有但谨慎 |
| ≤ -4↓ | ⚡ | **CAUTION** | 观望 | Take profit 止盈 |
| ≤ -6↓ | ⚠️ | **REDUCE** | 减仓 | Reduce position 减少仓位 |
> **↑ = Uptrend** (price > MA) | **↓ = Downtrend** (price < MA)
### Resonance Signals | 共振信号
| Emoji | Signal | Description |
|:-----:|--------|-------------|
| 🔥 | Resonance Buy | Multiple markets in buy zone 多市场同时低吸 |
| ❄️ | Resonance Risk | Multiple markets in risk zone 多市场同时高估 |
---
## Scoring Logic | 评分逻辑
### Factors | 因子
| Factor | Weight | Buy Score | Sell Score |
|--------|--------|-----------|------------|
| **RSI** | 1x | RSI < 30 → +2, < 40 → +1 | RSI > 75 → -2, > 65 → -1 |
| **FI (50D MA%)** | Bottom focus | < 25% → +3, < 35% → +2 | > 85% → -2, > 78% → -1 |
| **TW (20D MA%)** | Top focus | < 30% → +1 | > 82% → -3, > 72% → -2 |
| **Volume Ratio** | 1x | UVOL/DVOL < 0.5 → +2 | > 2.5 → -2 |
### Breadth Symbols | 广度数据
| Market | TW Symbol | FI Symbol | Volume |
|--------|-----------|-----------|--------|
| SPY (S&P 500) | INDEX:S5TW | INDEX:S5FI | USI:UVOL/DVOL |
| QQQ (NASDAQ) | INDEX:NCTW | INDEX:NCFI | USI:UVOLQ/DVOLQ |
| IWM (Russell 2000) | INDEX:R2TW | INDEX:R2FI | USI:UVOL/DVOL |
---
## Settings | 设置说明
### Mode | 模式
- **Aggressive**: Lower thresholds, shorter cooldown (5 bars)
- **Standard**: Balanced defaults (10 bar cooldown)
- **Conservative**: Higher thresholds, longer cooldown (15 bars)
### Key Parameters | 关键参数
| Parameter | Default | Description |
|-----------|---------|-------------|
| RSI Length | 14 | RSI calculation period |
| Trend MA Length | 10 | MA for trend filter |
| Cooldown Bars | 10 | Min bars between same signals |
| Resonance Window | 3 | Bars to check for multi-market agreement |
| Min Markets | 2 | # of markets needed for resonance |
---
## Usage | 使用方法
### Installation | 安装
1. Copy the indicator code
2. In TradingView: **Pine Editor** → **New** → Paste code → **Add to Chart**
### Recommended Setup | 推荐设置
- **Timeframe**: Daily (D) for best accuracy | 推荐日线图
- **Markets**: Apply on SPY, QQQ, or IWM | 应用于SPY/QQQ/IWM
- **Mode**: Start with "Standard" | 建议从"标准"模式开始
### Intraday Mode | 日内模式
The indicator automatically detects intraday timeframes and adjusts:
- Uses only RSI + Volume factors (TW/FI are daily-only data)
- Lowers signal thresholds accordingly
指标会自动检测日内周期并调整：
- 仅使用 RSI + 成交量因子（TW/FI 仅有日线数据）
- 相应降低信号触发阈值
---
## Dashboard | 仪表盘
Displays real-time factor breakdown:
```
┌────────┬───────┬────────┐
│ Factor │ Score │ Weight │
├────────┼───────┼────────┤
│ RSI │ 1.0 │ 1x │
│ FI(50D)│ 2.0 │ Bottom │
│ TW(20D)│ -1.0 │ Top │
│ Vol │ 1.0 │ 1x │
│ Trend │ ↑ │ 10MA │
├────────┼───────┼────────┤
│ Total │ 3.0 │ HOLD │
└────────┴───────┴────────┘
```
---
## Alerts | 警报
Available alerts for each market (SPY/QQQ/IWM):
- Panic Low / Buy Zone (entry signals)
- Reduce / Caution (exit signals)
- Resonance Buy / Risk (cross-market confirmation)
每个市场（SPY/QQQ/IWM）可设置以下警报：
- 恐慌低点 / 低吸区（入场信号）
- 减仓 / 观望（出场信号）
- 共振买入 / 风险（跨市场确认）
---
## Trend Filter | 趋势过滤
**Key feature**: Risk signals (CAUTION/REDUCE) only trigger when **price is below the trend MA**.
When price is above MA (uptrend), the indicator shows **ELEVATED** ⭐ instead, preventing premature exits during strong rallies.
**核心功能**：风险信号（观望/减仓）仅在 **价格跌破趋势均线** 时触发。
当价格在均线之上（上升趋势）时，指标显示 **高估** ⭐，避免在强势上涨中过早离场。
---
## Disclaimer | 免责声明
This indicator is for **educational and informational purposes only**. It is not financial advice. Past performance does not guarantee future results. Always do your own research and consider your risk tolerance before trading.
本指标仅供 **教育和参考用途**，不构成投资建议。历史表现不代表未来收益。交易前请自行研究并考虑风险承受能力。
---
## License | 许可
MIT License - Free to use and modify with attribution.
MIT 许可证 - 可自由使用和修改，请注明出处。
---
## Author | 作者
Built with ❤️ for the trading community.
为交易社区精心打造 ❤️
MACD Trend Count ScoreThis indicator aims to confirm trends in an asset's price. This confirmation is achieved by counting the MACD bars in a calculation using the chosen timeframe. Positive and negative bars are considered in the calculation of the strength index, which indicates the current trend of that asset.
Fibonacci Fibonacci automatic drawing - Last 144 barFibonacci automatic drawing:
It automatically plots Fibonacci based on the last 144 bars.
According to the drawing rules, it calculates itself from bottom to top and from top to bottom.
This will answer the most challenging questions about drawing the right thing.
If 144 bar is not reached, it draws using manual input.
This will be a useful and practical perspective.
This is for those who want to see the most valuable Fibonacci values on a chart.
O.R.B. New York (Opening Range)- Creates open range at New York Open (9:30am - 9:45am)
- Only shows most recent opening range for New York session (prevents clutter)
- Asset Classes: Micro Gold, Micro Silver, Micro ES, Micro NQ.
Unsurpassed Close LevelsThis indicator identifies and visually highlights previous candle close prices that have not yet been surpassed by any subsequent higher high — creating dynamic horizontal resistance levels based purely on closing prices.
How it works:
For every confirmed candle, a dashed horizontal ray is drawn from its close price extending to the right.
The ray remains visible as long as no future candle's high reaches or exceeds that previous close level.
As soon as price makes a new high that touches or surpasses the level, the ray is automatically removed.
Duplicate levels (exact same close price already active) are skipped to keep the chart clean.
A built-in limit of 50 active levels prevents overload on very long timeframes.
Use cases:
Spot potential resistance zones formed by previous closes that price has failed to reclaim on the upside.
Helpful in downtrends or ranging markets to visualize "overhead supply" levels where sellers previously stepped in at the close.
Great complement to traditional swing highs or supply/demand zones — focuses exclusively on close-based resistance.
Works on any timeframe and any instrument.
Visuals:
Dashed red horizontal rays extending right from unsurpassed closes.
Clean and lightweight — lines disappear automatically when invalidated.
Simple, effective, and fully automatic. No inputs required.
Feel free to customize the color, style, or max levels count in the code if desired.
Precision Trend ScalpingThis indicator is used specifically for heiken ashi candles. It indicates a reversal signal and only appears when a high volume doji candle forms and should develop in real time.
Low Volume Pullback DetectorThis script incorporates the logic of Volume Price Analysis (VPA), identifying potential trend continuations by detecting pullbacks with decreasing volume.
###**Features:**1. **Trend Filtering:** Uses a 50-period EMA to ensure trades align with the dominant market direction.
2. **Structure Identification:** Detects recent highs and lows to confirm that price action is indeed a pullback within a trend.
3. **Volume Analysis:** Checks if the volume during the pullback is below the 20-period average, signaling a lack of conviction from counter-trend traders.
4. **Signal Generation:** Triggers a "Buy" or "Sell" signal when price breaks out of the pullback range, confirming momentum is returning in the direction of the trend.
5. **User Guide:** Detailed comments explaining the strategy, setup, trade execution, and best markets are included directly within the script for easy reference.
###**How to Use:*** **Setup:** Apply the script to a chart (works best on Stocks and Futures).
* **Identify Trend:** Ensure price is above (for Buy) or below (for Sell) the gray 50 EMA line.
* **Wait for Signal:** Look for the **"VOL DRY"** label. This appears when a low-volume pullback is followed by a breakout candle.
* **Execution:** Enter on the close of the signal candle. Set your Stop Loss below/above the pullback swing and target the previous structural high/low.
Smart WhaleOverview The Smart Whale Breakout System is a pure momentum strategy designed for Swing Traders who want to capture high-probability breakouts while managing risk with a mechanical trailing stop.
Unlike indicators that try to guess "bottoms," this system follows the "Smart Money" approach: buying strength when institutional volume enters, and riding the trend until the momentum breaks.
How it Works
1. The Entry (The Hunter) The system identifies a valid BREAKOUT signal only when four specific conditions align:
Trend Filter: Price must be above the 150 SMA. We only trade with the long-term trend.
Momentum: RSI > 50. Ensuring bulls are in control.
Volume Spike (Whale Activity): Current volume must be significantly higher than the average (Default: 1.5x). This filters out weak retail moves.
Price Action: A bullish candle closing higher than it opened.
2. The Exit (The Manager) Once in a trade, the system activates a dynamic Trailing Stop line. You never have to guess when to sell. You can choose between two exit logic modes in the settings:
ATR Trailing (Default): Adapts to volatility. The stop moves up based on a multiple of the Average True Range (ATR). Great for volatile stocks (e.g., TSLA, NVDA).
Percent Trailing: A fixed percentage drop from the highest high. (e.g., "Sell if price drops 10% from peak").
3. The Context (Optional Filter)
Squeeze Filter: Includes a built-in Bollinger/Keltner squeeze detection. If enabled in settings, the system will only signal a buy if the price recently broke out of a consolidation (squeeze). Default is OFF to catch all momentum moves.
Key Features
NO Repainting: Signals are confirmed at candle close.
Visual Risk Management: A Red Trailing Stop line clearly shows where your invalidation point is.
Fully Customizable: Adjust the Volume multiplier, ATR sensitivity, or Percentage drop to fit your asset class (Crypto/Stocks/Forex).
Clean Visuals: Only colors the Breakout and Sell candles to keep your chart clean.
Settings Guide
Trend SMA Length: Define the long-term trend baseline (Default: 150).
Volume Spike (xAvg): How much volume is needed to trigger a buy? (1.5 = 150% of average).
Exit Method: Choose between "ATR Trailing" or "Percent Trailing".
ATR Multiplier: Tighter stop (2.0) vs Looser stop (3.0).
Require Squeeze?: Check this to filter for breakouts that only happen after a consolidation period.
Disclaimer This tool is for educational purposes only. Always use proper risk management.
JAM ORB Algo⚡ ORB Strategy + Backtesting (Pine Script v5)
This script implements a complete Opening Range Breakout (ORB) strategy, featuring built-in backtesting, advanced TP/SL visualization, full style customization, and a performance dashboard. It is designed for traders who want to clearly evaluate breakout performance directly on the chart.
🕑 ORB Window Configuration
🔹 Session selection: choose between Market Timezone or Custom Session.
🔹 Timezone support: configurable from UTC-8 to UTC+12.
🔹 Daily limit: option to allow only one trade per day.
🔹 Risk/Reward (RR) settings:
Configurable TP1, TP2, and TP3 levels.
Stop Loss calculated dynamically from the ORB range.
📊 Backtesting Engine
🔹 Interactive dashboard showing trades, wins, losses, and win rate.
🔹 Adjustable partial exits for each TP (TP1, TP2, TP3).
🔹 Automatic calculation of percentage-based profit and loss.
🔹 Tracks total trades, total profit, and average profit per trade.
🎨 Visual Customization
🔹 Fully customizable colors:
ORB high/low lines and range fill.
Buy/Sell entry labels.
TP and SL lines with background zones.
🔹 Line style and thickness options (solid, dotted, dashed).
🔹 Visibility controls for each TP/SL level.
🔹 Clear profit and loss zones drawn directly on the chart.
🚀 Trading Logic
🔹 LONG entries: triggered when price breaks above the ORB high.
🔹 SHORT entries: triggered when price breaks below the ORB low.
🔹 Automatic calculation of Stop Loss and TP1, TP2, TP3 based on ORB range and RR.
🔹 Customizable BUY / SELL labels displayed at entry.
✅ TP / SL Detection
🔹 Real-time detection of TP1, TP2, TP3, and SL hits.
🔹 Prevents double counting of the same level.
🔹 Extended TP/SL lines with shaded zones for better clarity.
📈 Backtesting Dashboard
🔹 Displayed in the top-right corner of the chart.
🔹 Shows:
Total trades
Wins / Losses
Win rate (%)
Total profit (%)
Average profit per trade
🔹 Fully customizable panel color.
✨ Summary
This script combines:
Opening Range detection
Breakout trading logic with advanced risk management
Professional-grade visualizations
Integrated historical performance tracking
High customization for sessions, styles, and colors
💡 Ideal for traders who want to trade ORB setups with clarity, structure, and measurable results.
