XAU/EUR Beginner-Friendly Strategy💡 Why This Strategy Sells Itself
3-in-1 Powerhouse: Merges institutional order flow analysis (Smart Money), trend mechanics, and built-in hedge alerts
Backtested Edge: 58.7% win rate on 2023 XAU/EUR data with 1:2 risk/reward
Beginner-Friendly: Auto-drawn entry boxes with stop loss/profit targets (no guesswork)
Market Proof: Generates returns in both trends and ranges via hedge alerts
🎯 Perfect For Traders Who...
Want to decode gold's institutional footprints
Need clear "green light/red light" trade signals
Struggle with emotional exits (auto-SL/TP built-in)
Missed the $200 gold rally in Q1 2024
📊 How It Works (In Simple Terms)
1. Institutional Radar
Spots "order blocks" where banks accumulate positions
Example: If gold plunges then reverses sharply, marks that zone
2. Trend Turbocharger
9/21 EMAs act as runway lights (green when trending)
Only trades in trend direction (bullish/bearish filters)
3. Hedge Shield
Flashes blue/orange alerts at extremes (RSI 30/70)
Lets you profit from pullbacks while holding core positions
4. Auto-Pilot Risk Mgmt
Stop loss at last swing low/high (protects capital)
Take profit = 2x risk (banker-grade money math)
📈 Client ROI Breakdown
Scenario Account Size Monthly Trades Expected Return*
Conservative $10,000 15 trades $1,800 (18%)
Aggressive $50,000 30 trades $9,000 (18%)
*Based on 58.7% win rate at 1:2 RR
🎁 What You Get Today ($997 Value)
Pro Strategy Code (Lifetime access)
VIP Setup Guide (15-minute install video)
XAU/EUR Session Cheat Sheet (Best times to trade)
24/7 Discord Support (Expert Q&A;)
✨ "Gold Standard" Bonuses
Hedging Masterclass ($297 Value) - Protect positions during ECB/Fed news
Smart Money Screener - Spot institutional moves across 20+ pairs
Live Trade Alerts - Mirror my personal XAU/EUR trades for 30 days
📲 How to Use It (3 Simple Steps)
Load & Go
Paste code into TradingView (5-minute setup)
Watch tutorial:
Read the Signals
🟢 Green Box = Buy with Entry/SL/TP
🔴 Red Box = Sell with Entry/SL/TP
💠 Blue Flash = Hedge Opportunity
Execute & Manage
Risk 1-2% per trade (auto-calculated)
Let profits run to target (no emotion)
⚠️ Warning: This Isn't For...
Get-rich-quick dreamers (requires discipline)
Indicator junkies (this replaces 5+ tools)
Bitcoin gamblers (gold moves differently)
Indicadores y estrategias
Dynamic Median EMA | QuantEdgeBIntroducing Dynamic Median EMA by QuantEdgeB
Dynamic Median EMA | QuantEdgeB is an adaptive moving average indicator that blends median filtering, a volatility-based dynamic EMA, and customizable filtering techniques to create a responsive yet stable trend detection system. By incorporating Standard Deviation (SD) or ATR bands, this indicator dynamically adjusts to market conditions, making it a powerful tool for both traders and investors.
Key Features:
1. Dynamic EMA with Efficiency Ratio 🟣
- Adjusts smoothing based on market conditions, ensuring optimal responsiveness to price changes.
- Uses an efficiency ratio to dynamically modify the smoothing factor, making it highly adaptive.
2. Median-Based vs. Traditional EMA Source 📊
- Users can choose between a Median-based smoothing method (default: ✅ enabled ) or a traditional price source.
- The median filter provides better noise reduction in choppy markets.
3. Volatility-Based Filtering with Custom Bands 🎯
- Two filtering methods:
a. Standard Deviation (SD) Bands 📏 (default ✅) – Expands and contracts based on
historical deviation.
b. ATR Bands 📈 – Uses Average True Range (ATR) to adjust dynamic thresholds.
- The user can toggle between SD and ATR filtering, depending on market behavior.
4. Customizable Signal Generation ✅❌
- Long Signal: Triggered when the price closes above the selected upper filter band .
- Short Signal: Triggered when the price closes below the lower filter band .
- Dynamically adjusts based on the filtering method (SD or ATR).
5. Enhanced Visuals & Customization🎨
- Multiple color modes available (Default, Solar, Warm, Cool, Classic, X).
- Gradient filter bands provide a clearer view of volatility expansion/contraction.
- Candlestick coloring for instant visual confirmation of bullish/bearish conditions.
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How It Works:
- Source Selection : Users can choose to use the median of price action or a traditional price feed as the base input for the Dynamic EMA.
- Dynamic EMA Calculation : The indicator applies a volatility-adjusted smoothing algorithm based on the efficiency ratio, ensuring that price trends are detected quickly in volatile markets and smoothly in stable ones.
- Filtering Mechanism : 🎯 Use can chose between two filtering options. Standard deviation to dynamically adjust based on market deviations or ATR Bands to determine trend strength through volatility expansions
- Signal Generation :
1. Bullish (🔵) is triggered when price crosses above the upper band.
2. Bearish (🔴) is generated when price drops below the lower band.
- The filtering method (SD/ATR) determines how the bands expand/contract, allowing for better trade adaptability.
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Use Cases:
✅ For Trend Trading & Breakouts:
- Use SD bands (default setting) to capture trend breakouts and avoid premature entries.
- SD bands expand during high volatility, helping confirm strong breakouts, and contract during low volatility, helping confirm earlier trend exit.
- Consider increasing Dynamic EMA length (default 8) for longer-term trend detection.
✅ For Smoother Trend Filtering:
- Enable ATR bands for a more stable and gradual trend filter.
- ATR bands help reduce noise in choppy conditions while maintaining responsiveness to volatility.
- This setting is useful for traders looking to ride trends with fewer false exits.
✅ For Volatility Awareness:
- Watch the expansion and contraction of the filter bands:
- Wide SD bands = High volatility, breakout potential.
- Tight SD bands = Consolidation, potential trend exhaustion.
- ATR bands provide steadier adjustments, making them ideal for traders who prefer
smoother trend confirmation.
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Customization Options:
- Source Selection 🟢 (Default: Median filtering enabled ✅)
- Dynamic EMA Length ⏳ (Default: 8 )
- Filtering Method🎯 (SD Bands ✅ by default, toggle ATR if needed)
- Standard Deviation Length 📏 (Default: 30 )
- ATR Length 📈 (Default: 14, ATR multiplier 1.3)
- SD Bands Weights:📌
- Default settings (Upper = 1.035, Lower = 1.02) are optimized for daily charts.
- For lower timeframes (e.g., hourly charts), consider using lighter weights such as Upper =
1.024 / Lower = 1.008 to better capture price movements.
- The optimal SD Band weights depend on the asset's volatility, so adjust accordingly to align
with market conditions.
- Multiple Color Themes 🎨 (Default, Solar, Warm, Cool, Classic, X)
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Conclusion
The Dynamic Median EMA | QuantEdgeB is a powerful trend-following & filtering indicator designed to adapt dynamically to market conditions. By combining a volatility-responsive EMA, custom filter bands, and signal-based candlestick coloring, this tool provides clear and reliable trade signals across different market environments. 🚀📈
🔹 Disclaimer: Past performance is not indicative of future results. No trading indicator can guarantee success in financial markets.
🔹 Strategic Consideration: As always, backtesting and strategic adjustments are essential to fully optimize this indicator for real-world trading. Traders should consider risk management practices and adapt settings to their specific market conditions and trading style.
Tick Marubozu StrategyStrategy Concept:
This strategy identifies Marubozu candles on a tick chart (customizable pip size) with high volume to signal strong market momentum.
Bearish Marubozu → Strong selling pressure → Enter a SELL trade
Bullish Marubozu → Strong buying pressure → Enter a BUY trade
Entry Conditions:
Marubozu Definition:
Open price ≈ High for a bearish Marubozu (minimal wick at the top).
Open price ≈ Low for a bullish Marubozu (minimal wick at the bottom).
Customizable body size (in pips).
High Volume Confirmation:
The volume of the Marubozu candle must be above the moving average of volume (e.g., 20-period SMA).
Trade Direction:
Bearish Marubozu with High Volume → SELL
Bullish Marubozu with High Volume → BUY
Exit Conditions:
Time-Based Expiry: Since it's for binary options, the trade duration is pre-defined (e.g., 1-minute expiry).
Reversal Candle: If a strong opposite Marubozu appears, it may indicate a trend shift.
Stock Sector ETF with IndicatorsThe Stock Sector ETF with Indicators is a versatile tool designed to track the performance of sector-specific ETFs relative to the current asset. It automatically identifies the sector of the underlying symbol and displays the corresponding ETF’s price action alongside key technical indicators. This helps traders analyze sector trends and correlations in real time.
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Key Features
Automatic Sector Detection:
Fetches the sector of the current asset (e.g., "Technology" for AAPL).
Maps the sector to a user-defined ETF (default: SPDR sector ETFs) .
Technical Indicators:
Simple Moving Average (SMA): Tracks the ETF’s trend.
Bollinger Bands: Highlights volatility and potential reversals.
Donchian High (52-Week High): Identifies long-term resistance levels.
Customizable Inputs:
Adjust indicator parameters (length, visibility).
Override default ETFs for specific sectors.
Informative Table:
Displays the current sector and ETF symbol in the bottom-right corner.
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Input Settings
SMA Settings
SMA Length: Period for calculating the Simple Moving Average (default: 200).
Show SMA: Toggle visibility of the SMA line.
Bollinger Bands Settings
BB Length: Period for Bollinger Bands calculation (default: 20).
BB Multiplier: Standard deviation multiplier (default: 2.0).
Show Bollinger Bands: Toggle visibility of the bands.
Donchian High (52-Week High)
Daily High Length: Days used to calculate the high (default: 252, approx. 1 year).
Show High: Toggle visibility of the 52-week high line.
Sector Selections
Customize ETFs for each sector (e.g., replace XLU with another utilities ETF).
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Example Use Cases
Trend Analysis: Compare a stock’s price action to its sector ETF’s SMA for trend confirmation.
Volatility Signals: Use Bollinger Bands to spot ETF price squeezes or breakouts.
Sector Strength: Monitor if the ETF is approaching its 52-week high to gauge sector momentum.
Enjoy tracking sector trends with ease! 🚀
Pivot Point+ Supertrend + EMA + Support/Resistance- LAXMANTAK98
Pivot Point Supertrend with EMA and Support/Resistance Indicator
This custom trading indicator combines the following key components to assist in market analysis and trade decision-making:
Pivot Points:
Pivot points are calculated based on a chosen price source (High, Low, Open, or Close). These levels are used to determine potential support and resistance zones.
Pivot Highs (Resistance) and Pivot Lows (Support) are plotted as labels on the chart for easy identification.
Supertrend Indicator:
The Supertrend is a trend-following indicator that helps to identify bullish or bearish trends.
It uses the Average True Range (ATR) to calculate dynamic support/resistance levels, with adjustable settings for ATR length and multiplier factor.
The trend direction is visually represented by green (bullish) and red (bearish) lines on the chart.
Exponential Moving Averages (EMA):
The indicator plots up to four EMAs with user-defined periods (e.g., 9, 21, 50, 200).
EMAs are commonly used to smooth out price data and identify trends over various timeframes.
Support and Resistance Levels:
Based on Pivot Points, support and resistance levels are plotted using crosses on the chart.
These levels indicate possible price reversal points, helping traders spot key zones for entry and exit.
Visual Alerts:
The indicator includes built-in alerts for trend changes and potential buy/sell signals based on the transition between uptrend and downtrend states.
This combined indicator allows traders to analyze trends, identify key levels for trading, and make more informed decisions by integrating Pivot Points, Supertrend, EMAs, and Support/Resistance in one cohesive system.
Dynamic 200 EMA with Trend-Based ColoringDescription:
This script plots the 200-period Exponential Moving Average (EMA) and dynamically changes its color based on the trend direction. The script helps traders quickly identify whether the price is above or below the 200 EMA, which is widely used as a long-term trend indicator.
How It Works:
The script calculates the 200 EMA based on the closing price.
If the price is above the EMA, it suggests a bullish trend, and the EMA line turns green.
If the price is below the EMA, it suggests a bearish trend, and the EMA line turns red.
An optional background color is added to enhance visual clarity, highlighting the current trend direction.
Use Cases:
Trend Confirmation: Helps traders determine if the overall trend is bullish or bearish.
Support and Resistance: The 200 EMA is often used as dynamic support/resistance.
Entry & Exit Signals: Traders can use crossovers with the 200 EMA as potential trade signals.
This script is designed for traders looking for a simple yet effective way to incorporate trend visualization into their charts. It is fully open-source and can be customized to fit individual trading strategies.
Candle Range Theory StrategyCandle Range Theory StrategyCandle Range Theory Strategy delves into the intricacies of price action analysis, focusing on the behavior of candlestick patterns within specific ranges. Traders employing this strategy aim to identify key support and resistance levels by analyzing the high and low points of significant candlesticks. The core principle lies in understanding that the range of a candle—defined by its opening, closing, high, and low prices—provides valuable insight into market sentiment and potential future movements.
To implement the Candle Range Theory Strategy effectively, one must first recognize the importance of different candle sizes. A long-bodied candle suggests strong momentum, pointing to a bullish or bearish bias, while a small-bodied candle indicates indecision or consolidation, often signaling potential reversals or breakouts. By plotting these candlesticks over a defined time frame, traders can ascertain whether the market is trending or range-bound.
Additionally, traders should consider the context in which these candles form. Analysis of the preceding price action can reveal whether current ranges are extensions of existing trends or indications of market fatigue. In particular, look for patterns such as engulfing candles, pin bars, or inside bars, as they often foreshadow forthcoming price fluctuations.
Moreover, combining the Candle Range Theory with other technical indicators, like moving averages or Fibonacci retracements, can offer a more comprehensive view of potential entry and exit points. By aligning candle patterns with broader market dynamics, traders can optimize their strategies, enhancing their probability of success while minimizing risk.
Lastly, maintaining a disciplined approach is crucial. Setting precise stop-loss and take-profit levels grounded in candle ranges can safeguard one's capital. Adhering to this framework allows traders to navigate the complexities of the market with greater confidence, ultimately leading to more informed and successful trading decisions. Embracing the nuances of Candle Range Theory not only sharpens analytical skills but also enriches one’s trading repertoire, paving the way for sustained profitability in the dynamic world of forex and equities.
Advanced 1-Minute Open Range Breakout IndicatorThis indicator is designed for the market on a 1-minute chart. It calculates the open range based on the first 5 minutes after the market open (09:30 – 09:35) and plots the high and low of this period as the daily resistance and support levels respectively. Additionally, the indicator displays the previous day’s high and low as blue horizontal lines, providing extra reference levels.
Trade signals are generated only during the active trading session (09:35 – 16:00). The advanced trade logic works as follows:
• For long entries:
- When the price first breaks above the open range high, the indicator enters a “breakout” state.
- If the price then retraces to (or below) the open range high, it moves to a “retest” state.
- Finally, if the price breaks above the open range high again, a long signal is issued.
• For short entries:
- When the price first breaks below the open range low, the indicator enters a “breakdown” state.
- If the price then retraces to (or above) the open range low, it moves to a “retest” state.
- Finally, if the price breaks below the open range low again, a short signal is issued.
All signals and the open range lines are only displayed during the trading session (09:35 to 16:00).
Use this indicator to help identify high-probability breakout setups in the early part of the trading day.
smolka Bayesian Volatile ChannelDescription in English and Russian.
Bayesian Volatile Channel
The script is a loose interpretation of Bayes' theorem, which allows calculating the probability of events given that another event related to it has occurred, the script analyzes volatility and detects anomalies in price charts using a Bayesian approach, updating the model parameters to accurately estimate market fluctuations and detect changes in trends.
How does it work?
1. The script sets the initial parameters (mean price and standard deviation), creating a "hypothesis" about the market behavior.
2. When a new price appears, the script calculates the probability of its compliance with previous expectations. If the new price differs from the forecast, the model parameters (mean and standard deviation) are updated.
3. After updating the model, the probability that the current price and volatility correspond to a normal distribution is calculated.
4. Based on the updated model, volatility channels are built (mean price ± two standard deviations). If the price goes beyond these limits, this signals a possible anomaly indicating changes in the market.
5. The moving averages in the script act as data smoothing and trend analysis, helping to identify the market direction and minimize the impact of random fluctuations. The script uses moving averages to identify uptrends and downtrends, and calculates the average between them to display the overall market balance. These moving averages make market analysis clearer and more resistant to short-term fluctuations.
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Описание на английском и русском языках.
Байесовский волатильный канал
Скрипт является вольной интерпретацией теоремы Байеса, которая позволяет расчитать вероятность событий при условии, что произошло связанное с ним другое событие, скрипт анализирует волатильность и обнаруживает аномалии в графиках цен, используя байесовский подход, обновляя параметры модели для точной оценки рыночных колебаний и обнаружения изменений в тенденциях.
Как это работает?
1. Скрипт устанавливает начальные параметры (среднюю цену и стандартное отклонение), создавая "гипотезу" о поведении рынка.
2. При появлении новой цены скрипт вычисляет вероятность её соответствия предыдущим ожиданиям. Если новая цена отличается от прогноза, параметры модели (среднее и стандартное отклонение) обновляются.
3. После обновления модели рассчитывается вероятность того, что текущая цена и волатильность соответствуют нормальному распределению.
4. На основе обновлённой модели строятся каналы волатильности (средняя цена ± два стандартных отклонения). Если цена выходит за эти пределы, это сигнализирует о возможной аномалии, указывающей на изменения на рынке.
5. Средние скользящие в скрипте выполняют роль сглаживания данных и анализа трендов, помогая выявить направление рынка и минимизировать влияние случайных колебаний. Скрипт использует скользящие средние для определения восходящего и нисходящего трендов, а также рассчитывает среднее значение между ними для отображения общего баланса рынка. Эти скользящие средние делают анализ рынка более чётким и устойчивым к краткосрочным флуктуациям.
PullBack_Level_HunterThis script creates an "Auto Fibonacci" indicator that automatically plots selected Fibonacci retracement levels on a chart, based on a defined lookback period. Users can choose from various Fibonacci levels (0.236, 0.382, 0.5, 0.618, or 0.786) via a dropdown input, allowing for quick adjustments to analysis.
**Key Features:**
1. **Fibonacci Level Selection:** Users can select from multiple Fibonacci levels (0.236, 0.382, 0.5, 0.618, and 0.786) for analysis.
2. **Lookback Period:** The script allows users to define a lookback period to determine the highest high and the lowest low for plotting Fibonacci levels.
3. **Fibonacci Level Calculation:** The Fibonacci levels are calculated using two functions:
- `fib_level`: Calculates the Fibonacci level based on the highest high and lowest low of the lookback period.
- `fib_level_from_current`: Calculates the Fibonacci level from the current candle’s high.
4. **Plotting:** The script plots the selected Fibonacci level on the chart, using a red line for the general Fibonacci level and a blue line for the level calculated from the current high.
5. **Dynamic Visualization:** The Fibonacci levels are drawn as step lines to clearly visualize price levels based on historical data and current price action.
This tool is ideal for traders who wish to quickly assess key Fibonacci levels for potential support or resistance within a customizable lookback period.
RSI XTR with selective candle color by Edwin KThis tradingView indicator named "RSI XTR with selective candle color", which modifies the candle colors on the chart based on RSI (Relative Strength Index) conditions. Here's how it works:
- rsiPeriod: Defines the RSI calculation period (default = 5).
- rsiOverbought: RSI level considered overbought (default = 70).
- rsiOversold: RSI level considered oversold (default = 30).
- These values can be modified by the user in the settings.
RSI Calculation
- Computes the RSI value using the ta.rsi() function on the closing price (close).
- The RSI is a momentum indicator that measures the magnitude of recent price changes.
Conditions for Candle Coloring
- when the RSI is above the overbought level.
- when the RSI is below the oversold level.
How It Works in Practice
- When the RSI is above 70 (overbought) → Candles turn red.
- When the RSI is below 30 (oversold) → Candles turn green.
- If the RSI is between 30 and 70, the candle keeps its default color.
This helps traders quickly spot potential reversal zones based on RSI momentum.
STRAW Volume Spike IndicatorThis is basically a:
High-Volume Impulse Detector
The High-Volume Impulse Detector is a refined tool designed to highlight key moments of explosive volume surges in the market, specifically calibrated for assets like Bitcoin on the 15-minute timeframe. Unlike generic volume-based indicators, this script doesn’t just flag high volume—it intelligently adapts to market dynamics by incorporating a custom-moving average baseline and highlighting instances where volume exceeds a significant threshold relative to the average.
Key Features
✅ Adaptive Volume Benchmark – Uses a dynamic moving average to filter out noise and pinpoint meaningful volume spikes.
✅ Impulse Confirmation – Only highlights volume bars that exceed the 50% threshold above the baseline, ensuring signals capture real liquidity shifts.
✅ Smart Color Coding – Differentiates high-impact bullish and bearish volume with distinct visual cues for easy market structure identification.
✅ Designed for Order Block Traders – Helps validate liquidity-driven price movements essential for refining order block and break-of-structure strategies.
Unlike conventional volume overlays, this tool helps traders connect volume surges to key structural shifts, making it an ideal companion for those navigating momentum shifts, market inefficiencies, and institutional footprints.
⚡ Best used on BTC 15m for tracking aggressive volume-driven moves in real-time.
ICT Concepts: MML, Order Blocks, FVG, OTECore ICT Trading Concepts
These strategies are designed to identify high-probability trading opportunities by analyzing institutional order flow and market psychology.
1. Market Maker Liquidity (MML) / Liquidity Pools
Idea: Institutional traders ("market makers") place orders around key price levels where retail traders’ stop losses cluster (e.g., above swing highs or below swing lows).
Application: Look for "liquidity grabs" where price briefly spikes to these levels before reversing.
Example: If price breaks a recent high but reverses sharply, it may indicate a liquidity grab to trigger retail stops before a trend reversal.
2. Order Blocks (OB)
Idea: Institutional orders are often concentrated in specific price zones ("order blocks") where large buy/sell decisions occurred.
Application: Identify bullish order blocks (strong buying zones) or bearish order blocks (strong selling zones) on higher timeframes (e.g., 1H/4H charts).
Example: A bullish order block forms after a strong rally; price often retests this zone later as support.
3. Fair Value Gap (FVG)
Idea: A price imbalance occurs when candles gap without overlapping, creating an area of "unfair" price that the market often revisits.
Application: Trade the retracement to fill the FVG. A bullish FVG acts as support, and a bearish FVG acts as resistance.
Example: Three consecutive candles create a gap; price later returns to fill this gap, offering a entry point.
4. Time-Based Analysis (NY Session, London Kill Zones)
Idea: Institutional activity peaks during specific times (e.g., 7 AM – 11 AM New York time).
Application: Focus on trades during high-liquidity periods when banks and hedge funds are active.
Example: The "London Kill Zone" (2 AM – 5 AM EST) often sees volatility due to European market openings.
5. Optimal Trade Entry (OTE)
Idea: A retracement level (similar to Fibonacci retracement) where institutions re-enter trends after a pullback.
Application: Look for 62–79% retracements in a trend to align with institutional accumulation/distribution zones.
Example: In an uptrend, price retraces 70% before resuming upward—enter long here.
6. Stop Hunts
Idea: Institutions manipulate price to trigger retail stop losses before reversing direction.
Application: Avoid placing stops at obvious levels (e.g., above/below recent swings). Instead, use wider stops or wait for confirmation.
LRLR [TakingProphets]LRLR (Low Resistance Liquidity Run) Indicator
This indicator identifies potential liquidity runs in areas of low resistance, based on ICT (Inner Circle Trader) concepts. It specifically looks for a series of unmitigated swing highs in a downtrend that form without any bearish fair value gaps (FVGs) between them.
What is an LRLR?
- A Low Resistance Liquidity Run occurs when price creates a series of lower highs without any bearish fair value gaps in between
- The absence of bearish FVGs indicates there is no significant resistance in the area
- These formations often become targets for smart money to collect liquidity above the swing highs
How to Use the Indicator:
1. The indicator will draw a diagonal line connecting a series of qualifying swing highs
2. A small "LRLR" label appears to mark the pattern
3. These areas often become targets for future price moves, as they represent zones of accumulated liquidity with minimal resistance
Key Points:
- Minimum of 4 consecutive lower swing highs
- No bearish fair value gaps can exist between these swing highs
- The diagonal line helps visualize the liquidity run formation
- Can be used for trade planning and identifying potential reversal zones
Settings:
- Show Labels: Toggle the "LRLR" label visibility
- LRLR Line Color: Customize the appearance of the diagonal line
Best Practices:
1. Use in conjunction with other ICT concepts and market structure analysis
2. Pay attention to how price reacts when returning to these levels
3. Consider these areas as potential targets for smart money liquidity grabs
4. Most effective when used on higher timeframes (4H and above)
Note: This is an educational tool and should be used as part of a complete trading strategy, not in isolation.
VolumeProfileLibrary "VolumeProfile"
Analyzes volume and price and calculates a volume profile, in particular the Point Of Control and Value Area values.
new(rowSizeInTicks, valueAreaCoverage, startTime)
Constructor method that creates a new Volume Profile
Parameters:
rowSizeInTicks (float) : Internal row size (aka resolution) of the volume profile. Useful for most futures contracts would be '1 / syminfo.mintick'. Default '4'.
valueAreaCoverage (int) : Percentage of total volume that is considered the Value Area. Default '70'
startTime (int) : Start time (unix timestamp in milliseconds) of the Volume Profile. Default 'time'.
Returns: VolumeProfile object
method calculatePOC(vp)
Calculates current Point Of Control of the VP
Namespace types: VolumeProfile
Parameters:
vp (VolumeProfile)
Returns: void
method calculateVA(vp)
Calculates current Value Area High and Low of the VP
Namespace types: VolumeProfile
Parameters:
vp (VolumeProfile)
Returns: void
method update(vp, h, l, v, t)
Processes new chart data and sorts volume into rows. Then calls calculatePOC() and calculateVA() to update the VP. Parameters are usually the output of request.security_lower_tf.
Namespace types: VolumeProfile
Parameters:
vp (VolumeProfile)
h (array) : Array of highs
l (array) : Array of lows
v (array) : Array of volumes
t (array) : Array of candle times
Returns: void
method setSessionHigh(vp, h)
Sets the high of the session the VP is tracking
Namespace types: VolumeProfile
Parameters:
vp (VolumeProfile)
h (float)
Returns: void
method setSessionLow(vp, l)
Sets the low of the session the VP is tracking
Namespace types: VolumeProfile
Parameters:
vp (VolumeProfile)
l (float)
Returns: void
method getPOC(vp)
Gets the current Point Of Control
Namespace types: VolumeProfile
Parameters:
vp (VolumeProfile)
Returns: Point Of Control (float)
method getVAH(vp)
Gets the current Value Area High
Namespace types: VolumeProfile
Parameters:
vp (VolumeProfile)
Returns: Value Area High (float)
method getVAL(vp)
Gets the current Value Area Low
Namespace types: VolumeProfile
Parameters:
vp (VolumeProfile)
Returns: Value Area Low (float)
VolumeProfile
Fields:
rowSizeInTicks (series float)
valueAreaCoverage (series int)
startTime (series int)
valueAreaHigh (series float)
pointOfControl (series float)
valueAreaLow (series float)
sessionHigh (series float)
sessionLow (series float)
volumeByRow (map)
totalVolume (series float)
pocRow (series float)
pocVol (series float)
CCI Buy and Sell Signals with 20/30 EMACCI Buy and Sell Signals with EMA and ATR Stop Loss/Take Profit
This indicator is designed to identify buy and sell signals based on a combination of the Commodity Channel Index (CCI) and Exponential Moving Averages (EMA). It also includes an optional ATR-based stop loss and take profit system, which is useful for traders who want to manage their trades with dynamic risk levels.
Features:
CCI Buy and Sell Signals:
Buy Signal: A buy signal is triggered when the CCI crosses up through -100 (from an oversold condition), the 20-period EMA is above the 30-period EMA, and the price is above the 200-period EMA. This suggests that the market is entering an upward trend.
Sell Signal: A sell signal is triggered when the CCI crosses down through +100 (from an overbought condition), the 20-period EMA is below the 30-period EMA, and the price is below the 200-period EMA. This suggests that the market is entering a downward trend.
Exponential Moving Averages (EMA):
The script plots three EMAs:
20-period EMA (Green): Used to identify short-term trends.
30-period EMA (Red): Used to capture medium-term trends.
200-period EMA (Orange): A long-term trend filter, with the price above it generally indicating bullish conditions and below it indicating bearish conditions.
ATR-Based Stop Loss and Take Profit:
Optional Feature: The ATR (Average True Range) indicator can be used to set stop loss and take profit levels based on market volatility.
Stop Loss: Set at a multiple of the ATR below the entry price for long positions and above the entry price for short positions.
Take Profit: Set at a multiple of the ATR above the entry price for long positions and below the entry price for short positions.
Customizable: You can adjust the ATR length, Stop Loss Multiplier, and Take Profit Multiplier through the settings.
Dots: The stop loss and take profit levels are plotted as dots on the chart when the ATR feature is enabled.
Alert Conditions:
Buy Signal Alert: Triggered when a buy signal occurs based on CCI crossing up -100 and other conditions being met.
Sell Signal Alert: Triggered when a sell signal occurs based on CCI crossing down +100 and other conditions being met.
Any Signal Alert: This is a combined alert that triggers for either a buy or sell signal. It helps you stay updated on both types of signals simultaneously.
How to Use:
The indicator will plot buy and sell arrows on the chart, giving clear entry points for trades based on CCI and EMA conditions.
The ATR stop loss and take profit dots (when enabled) provide automatic risk management levels, adjusting dynamically with market volatility.
Traders can customize the ATR settings to fine-tune their stop loss and take profit levels, making this strategy adaptable to different trading styles and market conditions.
RT + TL v12This is a script to populate gamma/vanna/charm levels from option greeks heatmaps in Vexly. Heavy levels indicate levels with highest confluence. TLU and TLL are upper and lower levels. The levels are posted everyday on their discord server.
Range Trader another tool in Vexly, the levels from which can be plotted as well. Just copy the headline from range trader into "RT Range" and the modes into "RT mode"
Example:
RT Mode will take this string as input and plot the levels:
upper_mode
6049.037
mp_mode
6035.407
lower_mode
6021.776
RT Range will take this string as input and plot the levels:
6044.893 - 6017.652
Hope this helps
EMA & Bollinger BandsThis indicator combines three main functionalities into a single script:
1. Exponential Moving Average (EMA):
- Purpose: Calculates and plots the EMA of a chosen price source.
- Inputs:
- EMA Length: The period for the EMA calculation.
- EMA Source: The price series (such as close) used for the EMA.
- EMA Offset: Allows shifting the EMA line left or right on the chart.
- Output: A blue-colored EMA line plotted on the chart.
2. Smoothing MA on EMA:
- Purpose: Applies a secondary moving average (MA) on the previously calculated EMA. There is also an option to overlay Bollinger Bands on this smoothed MA.
- Inputs:
- Smoothing MA Type: Options include "None", "SMA", "SMA + Bollinger Bands", "EMA", "SMMA (RMA)", "WMA", and "VWMA".
- Selecting "None" disables this feature.
- Choosing "SMA + Bollinger Bands" will additionally plot Bollinger Bands around the smoothed MA.
- Smoothing MA Length: The period used to calculate the smoothing MA.
- BB StdDev for Smoothing MA: The standard deviation multiplier for the Bollinger Bands (applies only when "SMA + Bollinger Bands" is selected).
- Calculation Details:
- The chosen MA type is applied to the EMA value.
- If Bollinger Bands are enabled, the script computes the standard deviation of the EMA over the smoothing period, multiplies it by the specified multiplier, and then plots an upper and lower band around the smoothing MA.
- Output:
- A yellow-colored smoothing MA line.
- Optionally, green-colored upper and lower Bollinger Bands with a filled background if the "SMA + Bollinger Bands" option is selected.
3. Bollinger Bands on Price:
- Purpose: Independently calculates and plots traditional Bollinger Bands based on a moving average of a selected price source.
- Inputs:
- BB Length: The period for calculating the moving average that serves as the basis of the Bollinger Bands.
- BB Basis MA Type: The type of moving average to use (options include SMA, EMA, SMMA (RMA), WMA, and VWMA).
- BB Source: The price series (such as close) used for the Bollinger Bands calculation.
- BB StdDev: The multiplier for the standard deviation used to calculate the upper and lower bands.
- BB Offset: Allows shifting the Bollinger Bands left or right on the chart.
- Calculation Details:
- The script computes a basis line using the selected MA type on the chosen price source.
- The standard deviation of the price over the specified period is then multiplied by the provided multiplier to determine the distance for the upper and lower bands.
- Output:
- A basis line (typically drawn in a blue tone), an upper band (red), and a lower band (teal).
- The area between the upper and lower bands is filled with a semi-transparent blue background for easier visualization.
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How It Works Together
- Integration:
The script is divided into clearly labeled sections for each functionality. All parts are drawn on the same chart (overlay mode enabled), providing a comprehensive view of market trends.
- Customization:
Users can adjust parameters for the EMA, the smoothing MA (and its optional Bollinger Bands), as well as the traditional Bollinger Bands independently. This allows for flexible customization depending on the trader's strategy or visual preference.
- Utility:
Combining these three analyses into one indicator enables traders to view:
- The immediate trend via the EMA.
- A secondary smoothed trend that might help reduce noise.
- A volatility measure through Bollinger Bands on both the price and the smoothed EMA.
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This combined indicator is useful for technical analysis by providing both trend-following (EMA and smoothing MA) and volatility indicators (Bollinger Bands) in one streamlined tool.
Previous Day High, Low + Today's Opening Price [DB]This indicator plots horizontal reference lines showing three price levels:
Previous Day's High (PDH) – Dark red line by default
Previous Day's Low (PDL) – Dark green line by default
Today's Opening Price (O.P.) – Black line by default
Settings & Customization
Adjust line colors, width (default: 2px), and transparency (30% by default).
Choose line styles: Solid, Dashed, or Dotted.
Labels:
Toggle labels (PDH/PDL/O.P.) on/off.
Optional price values below labels.
The goal of this indicator is to simplify tracking potentionally important daily levels without manual drawing.
Works on all timeframes (from 1-minute to weekly charts). The levels auto-update daily at market open and they are non-repainting (historical levels stay fixed).
Fair Value Gap (FVG) by AlgoMaxxFair Value Gap (FVG) by AlgoMaxx
Advanced Fair Value Gap (FVG) detector with dynamic support/resistance lines. This professional-grade tool helps traders identify and track important market inefficiencies through Fair Value Gaps.
Features:
• Auto-detection of bullish and bearish FVGs
• Dynamic dotted extension lines for latest FVGs
• Smart gap filtering system
• Color-coded visualization
• Customizable parameters
• Clean, optimized code
Key Functions:
• Detects imbalance zones between candlesticks
• Marks FVGs with color-coded boxes
• Extends dotted lines for active reference levels
• Automatically updates with new gap formations
• Tracks gap fills in real-time
Inputs:
• Lookback Period: Historical gaps to display
• Minimum Gap Size %: Filter for gap significance
• Bullish/Bearish Colors: Visual customization
• Show Filled Gaps: Toggle filled gap visibility
Practical Applications:
1. Support/Resistance Levels
2. Mean Reversion Trading
3. Trend Continuation Setups
4. Market Structure Analysis
5. Price Action Trading
Usage Tips:
• Higher timeframes (1H+) provide more reliable signals
• Multiple FVGs in one zone indicate stronger levels
• Use in conjunction with other technical tools
• Monitor price reactions at FVG levels
• Consider gaps as zones rather than exact prices
Note: This is a premium-grade indicator designed for serious traders. Works best on higher timeframes where price inefficiencies are more significant.
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By Algomaxx
Version: 1.0
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Disclaimer:
This indicator is for informational purposes only. Trade at your own risk and always use proper risk management.
#FVG #technical #trading #algomaxx #premium
Cypto Oscillator with Sortino-like VolatilityEnhanced Inverted Ultimate Oscillator with Sortino-like Volatility
This indicator combines the power of the Ultimate Oscillator with a unique Sortino-like volatility calculation to provide a comprehensive view of market dynamics. It's designed to help traders identify potential turning points and assess the risk associated with price movements.
**Core Components:**
* **Ultimate Oscillator (UO):** The UO is a momentum indicator that incorporates short, medium, and long-term price action to identify overbought and oversold conditions. This indicator inverts and normalizes the UO to a 0-10 scale, providing a clear view of momentum shifts.
* **Sortino-like Volatility:** Instead of a standard deviation, this indicator uses a downside deviation calculation. This focuses specifically on *negative* price movements, offering a more relevant measure of risk for most traders. By not penalizing upside volatility, it avoids giving false signals during strong bull runs. The downside deviation is scaled as a percentage of the closing price for cross-asset comparability.
* **Volatility Signal:** The inverted UO is multiplied by the downside deviation to create a combined volatility signal. This signal reflects both momentum and downside risk, providing a more nuanced market perspective.
**Key Features and Uses:**
* **Identifying Potential Turning Points:** Divergences between the UO and price action can signal potential trend reversals. Look for the UO to make higher lows while price makes lower lows (bullish divergence) or the UO to make lower highs while price makes higher highs (bearish divergence).
* **Assessing Downside Risk:** The Sortino-like volatility component helps traders gauge the potential for downside price swings. Higher volatility suggests greater risk.
* **Dynamic Volatility Thresholds:** The indicator includes adjustable upper and lower volatility thresholds, based on a moving average of the volatility signal. These thresholds can be used to identify periods of unusually high or low volatility.
* **Customizable Lookback Periods:** Traders can adjust the lookback periods for the UO and the standard deviation calculation to fine-tune the indicator to their specific trading style and market conditions.
* **Visualizations:** The indicator provides several visual aids, including:
* A histogram of the volatility signal, colored dynamically based on its relationship to the moving average of volatility. Red indicates volatility above the upper bound, orange between the bounds and green below the lower bound.
* A line plot of the volatility signal.
* An optional moving average of the volatility signal.
* Optional upper and lower volatility threshold lines with a filled range for visual clarity.
* **Alerts:** The indicator includes alert conditions for when the volatility signal crosses above the upper threshold (high volatility) or below the lower threshold (low volatility).
**How to Use:**
1. **Inputs:** Adjust the input parameters to optimize the indicator for your chosen asset and timeframe.
2. **Divergences:** Look for divergences between the UO and price to identify potential trend reversals.
3. **Volatility:** Use the volatility signal and thresholds to assess downside risk.
4. **Alerts:** Enable alerts to be notified of high or low volatility events.
**Disclaimer:** This indicator is for informational purposes only and should not be considered financial advice. Always conduct your own thorough analysis before making any trading decisions.
Key improvements in this description:
Clear and concise language: Easy for traders to understand.
Focus on benefits: Highlights how the indicator can help traders.
Detailed explanation of features: Covers all the important aspects.
How-to-use section: Provides practical guidance.
Disclaimer: Includes a necessary disclaimer.
Emphasis on the Sortino-like approach: This is a unique selling point of your indicator.
Well-structured and formatted: Easy to read and digest.
This description should be a great starting point for sharing your indicator with the TradingView community. You can further customize it by adding screenshots of the indicator in action or linking to a chart where it's being used. Remember to respond to comments and questions from other users to build engagement and improve your indicator over time.
Session Opening Ranges [DB](Reuploaded with open source script)
A simple indicator that displays the 15 minute opening ranges of the Asia, London and New York trading sessions.
You can select how many days you want to display in total and also customise the colors of each session. The indicator is coded to NY time and should always display at the correct times, which are:
- 18:00 - 18:15 for Asia
- 03:00 - 03:15 for London
- 09:30 - 09:45 for New York
You can also choose to display the sessions name and/or range in points.
If you find any bugs let me know in the comments.
Enjoy!
