ADX Breakout Strategy█ OVERVIEW
The ADX Breakout strategy leverages the Average Directional Index (ADX) to identify and execute breakout trades within specified trading sessions. Designed for the NQ and ES 30-minute charts, this strategy aims to capture significant price movements while managing risk through predefined stop losses and trade limits.
This strategy was taken from a strategy that was posted on YouTube. I would link the video, but I believe is is "against house rules".
█ CONCEPTS
The strategy is built upon the following key concepts:
ADX Indicator: Utilizes the ADX to gauge the strength of a trend. Trades are initiated when the ADX value is below a certain threshold, indicating potential for trend development.
Trade Session Management: Limits trading to specific hours to align with optimal market activity periods.
Risk Management: Implements a fixed dollar stop loss and restricts the number of trades per session to control exposure.
█ FEATURES
Customizable Stop Loss: Set your preferred stop loss amount to manage risk effectively.
Trade Session Configuration: Define the trading hours to focus on the most active market periods.
Entry Conditions: Enter long positions when the price breaks above the highest close in the lookback window and the ADX indicates potential trend strength.
Trade Limits: Restrict the number of trades per session to maintain disciplined trading.
Automated Exit: Automatically closes all positions at the end of the trading session to avoid overnight risk.
█ HOW TO USE
Configure Inputs :
Stop Loss ($): Set the maximum loss per trade.
Trade Session: Define the active trading hours.
Highest Lookback Window: Specify the number of bars to consider for the highest close.
Apply the Strategy :
Add the ADX Breakout strategy to your chart on TradingView.
Ensure you are using a 30-minute timeframe for optimal performance.
█ LIMITATIONS
Market Conditions: The strategy is optimized for trending markets and may underperform in sideways or highly volatile conditions.
Timeframe Specific: Designed specifically for 30-minute charts; performance may vary on different timeframes.
Single Asset Focus: Primarily tested on NQ and ES instruments; effectiveness on other symbols is not guaranteed.
█ DISCLAIMER
This ADX Breakout strategy is provided for educational and informational purposes only. It is not financial advice and should not be construed as such. Trading involves significant risk, and you may incur substantial losses. Always perform your own analysis and consider your financial situation before using this or any other trading strategy. The source material for this strategy is publicly available in the comments at the beginning of the code script. This strategy has been published openly for anyone to review and verify its methodology and performance.
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VIX Cheat SheetHello!
This indicator - "VIX Cheat Sheet" - performs several calculations for $VIX against the asset on your chart. However, using $VIX as a risk proxy or volatility metric often fails beyond large-cap U.S equities. To remedy this, the VixFix indicator is included in the script; you can select whether the script performs calculations for an asset against $VIX or against VixFix (i.e. Forex, Crypto)
Measured are: $VIX correlation to an asset's price fluctuations, the average close-to-close gain/loss subsequent a $VIX/VixFix close above the upper Bollinger Band, the average 5-session gain/loss following the same occurrence in addition to the average 10-session gain/loss, all close-to-close, 5 session, and 10-session gains/losses are stored as tooltips for labels on the chart. The current close-to-close percentage gain/loss for $VIX and VixFix are displayed on the chart.
Displayed in the example image is a box incorporating $VIX price data alongside an upper Bollinger Band and lower Bollinger Band. The data isn't cast to its own price scale but is helpful for quick interpretation of $VIX fluctuations. You can select to plot VixFix data in the box in the user inputs table.
Displayed in the second example image is a semi-transparent blue box encompassing all price moves that occurred when $VIX measured above $40 for at least ten consecutive sessions. The largest percentage close-to-close loss is displayed below the box.
Also illustrated is a red label that appears when $VIX or VixFix closes above the upper Bollinger Band. The indicator will calculate and display the performance of the asset for the subsequent 10 sessions, to which the red label will disappear and all data stored as a tooltip in the blue labels stating "VIX Closed Above Upper Band" or "VixFix Closed Above Upper Band".
To reduce chart clutter, a label and line combination marking all $VIX closes above the upper Bollinger Band was not included. Instead, bar color changes were added. When "$VIX" is selected in the user inputs table the indicator will mark all sessions in which $VIX closed above the upper band as blue, in addition to plotting $VIX price data in the dynamic black box. When "VixFix" is selected, the indicator will mark all sessions where VixFix closed above the upper band as purple; the VixFix indicator will be plotted in the black box.
Be sure to hover over labels to access tooltip information; try the indicator with bar replay!
Momentum Breakout Pro - Advanced ORB Strategy with Trend Filter ═══════════════════════════════════════════════════════════════════════════
🚀 MOMENTUM BREAKOUT PRO - ADVANCED OPENING RANGE STRATEGY
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A professional-grade Opening Range Breakout (ORB) strategy designed for day traders and swing traders who want to capitalize on early session momentum with intelligent filters and risk management.
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📊 STRATEGY OVERVIEW
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This strategy combines three powerful trading concepts:
✅ Opening Range Breakout (ORB) - Identifies the high/low range during the first N candles of a session
✅ SuperTrend Filter - Ensures contrarian entries against the prevailing trend for high-probability reversals
✅ Volume Confirmation - Validates breakouts with above-average volume to filter false signals
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🎯 KEY FEATURES
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📈 OPENING RANGE DETECTION
• Customizable session start time (9:30 AM EST default)
• Adjustable number of candles for range formation (default: 5)
• Multi-timezone support (NY, London, India)
• Clear visual markers for range boundaries
🎲 SMART ENTRY LOGIC
• LONG: Price breaks above range high + bullish candle + bearish SuperTrend
• SHORT: Price breaks below range low + bearish candle + bullish SuperTrend
• Contrarian approach maximizes mean-reversion opportunities
📊 VOLUME FILTER
• Optional volume confirmation (default: enabled)
• 50-period volume moving average baseline
• Filters out weak breakouts lacking institutional participation
💰 RISK MANAGEMENT
• Automatic stop-loss placement at opposite range boundary
• Configurable Risk/Reward ratio (default: 3:1)
• Calculated take-profit levels based on R:R ratio
• Emergency exit on opposite breakout
🎨 VISUAL INDICATORS
• SuperTrend trend line (Green = Bearish | Red = Bullish)
• Range high/low markers (Green circles = High | Red circles = Low)
• Entry signal shapes (Green triangle = Long | Red triangle = Short)
• Clean, professional chart appearance
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⚙️ CONFIGURABLE PARAMETERS
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🔧 TREND FILTER SETTINGS
• ATR Period (default: 11)
• Trend Multiplier (default: 2.0)
⏰ SESSION SETTINGS
• Session Start Hour (default: 9)
• Session Start Minute (default: 30)
• Timezone Selection
• Range Candle Count (default: 5)
📊 VOLUME SETTINGS
• Enable/Disable Volume Filter
• Volume MA Period (default: 50)
💵 RISK MANAGEMENT
• Risk/Reward Ratio (default: 3.0)
• Initial Capital: $100,000
• Commission: 0.1%
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💡 HOW IT WORKS
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STEP 1: Range Formation
At the specified session start time, the strategy begins tracking the high and low of the first N candles (default 5).
STEP 2: Breakout Detection
Once the range is established, the strategy monitors for:
• Price closing above the range high (bullish breakout)
• Price closing below the range low (bearish breakdown)
STEP 3: Filter Validation
Before entry, the strategy checks:
• SuperTrend direction (contrarian confirmation)
• Volume levels (above average if filter enabled)
• Candle close direction (bullish/bearish)
STEP 4: Order Execution
• Entry triggered on confirmed breakout
• Stop-loss placed at opposite range boundary
• Take-profit calculated based on R:R ratio
STEP 5: Position Management
• Monitors for opposite breakout (emergency exit)
• Exits at stop-loss or take-profit levels
• Only one position at a time (no pyramiding)
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📈 BEST USE CASES
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✅ Day trading stocks during market open
✅ Forex pairs during major session opens (London, NY, Tokyo)
✅ Index futures and ETFs
✅ Cryptocurrency on 5-min to 15-min timeframes
✅ High liquidity instruments with clear price action
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⚠️ IMPORTANT NOTES
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⚡ Backtesting Results: Past performance does not guarantee future results
⚡ Risk Warning: All trading involves risk. Use proper position sizing
⚡ Optimization: Test on your specific instrument and timeframe
⚡ Live Trading: Always paper trade first before using real capital
⚡ Commission: Default 0.1% commission included in backtests
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🎓 RECOMMENDED SETTINGS BY ASSET
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📊 STOCKS (5-min chart)
• Session: 9:30 EST
• Range Candles: 5-10
• R:R Ratio: 2.5-3.0
💱 FOREX (15-min chart)
• Session: Major market open times
• Range Candles: 4-6
• R:R Ratio: 2.0-2.5
₿ CRYPTO (15-min chart)
• Session: 9:30 EST or 00:00 UTC
• Range Candles: 6-8
• R:R Ratio: 3.0-4.0
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📞 SUPPORT & UPDATES
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👍 If you find this strategy helpful, please give it a BOOST!
💬 Questions? Leave a comment below
📊 Share your results and optimizations with the community
🔔 Follow for updates and new strategies
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📜 LICENSE & DISCLAIMER
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© 2024 zakaria safri - All Rights Reserved
License: MIT (Free to use and modify)
⚠️ DISCLAIMER: This strategy is for educational purposes only. Trading carries significant risk of loss. Always conduct your own research and consult with a financial advisor before trading. The creator is not responsible for any financial losses incurred using this strategy.
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🏷️ TAGS: #ORB #OpeningRangeBreakout #DayTrading #SuperTrend #VolumeConfirmation #BreakoutStrategy #MomentumTrading #TrendReversal #RiskManagement #ProfessionalTrading
Prev RTH FibsThis study captures the previous day’s Regular Trading Hours (RTH) range (default 09:30–16:00 America/New_York), then projects it onto the current session. It draws HIGH, LOW, and an optional 50% midpoint, plus a configurable set of inside fib-style percentages measured from the HIGH downward. Every level extends a short distance to the right of the current price and shows a clean numeric label (no box) on the right edge.
Key features
Prev-day RTH range tracked automatically; plotted each new session.
Inside levels (from HIGH ↓): 11%, 25%, 29.5%, 38.2%, 45%, 55%, 62% (OTE), 70.5%, 75%, 78.6%, 85% (toggle any on/off).
Clean right-side labels: numbers only, resizable (Tiny → Huge) with transparent background.
Line styling: HIGH/LOW and 50% are solid; inside levels can be Solid/Dashed/Dotted with independent color/width.
Smart right padding: lines/labels extend a few bars past the latest candle, so annotations stay beside price without violating TradingView’s “>500 bars in future” rule.
Works on any symbol/timeframe; RTH window and timezone are adjustable.
Inputs you control
Session: RTH session string and timezone.
Right-side padding (bars) and number size.
Visibility & style for HIGH, LOW, and 50%.
Which inside levels to show, plus their style/color/width.
Fibs Has Lied 🌟 Fibs Has Lied - Indicator Overview 🌟
Designed for indices like US30, NQ, and SPX, this indicator highlights setups where price interacts with key EMA levels during specific trading sessions (default: 6:30–11:30 AM EST).
🌟 Key Features & Levels 🌟
🔹EMA Crossover Setups
The indicator uses the 100-period and 200-period EMAs to identify bullish and bearish setups:
- Bullish Setup: Triggers when the 100 EMA crosses above the 200 EMA, followed by two consecutive candles opening above the 100 EMA, with the low within a specified point distance (e.g., 20 points for US30).
- Bearish Setup: Triggers when the 100 EMA crosses below the 200 EMA, followed by two consecutive candles opening below the 100 EMA, with the high within the point distance.
- Signals are marked with green (buy) or red (sell) triangles and text, ensuring you don’t miss a setup. 📈
🔹 Reset Conditions for Re-Entries
After an initial setup, the indicator watches for “reset” opportunities:
- Buy Reset: If price moves below the 200 EMA after a bullish crossover, then returns with two consecutive candles where lows are above the 100 EMA (within point distance), a new buy signal is plotted.
- Sell Reset: If price moves above the 200 EMA after a bearish crossover, then returns with two consecutive candles where highs are below the 100 EMA (within point distance), a new sell signal is plotted.
This feature captures additional entries after liquidity grabs or fakeouts, aligning with ICT’s manipulation concepts. 🔄
🔹 Session-Based Filtering
Focus your trades during high-liquidity windows! The default session (6:30–11:30 AM EST, New York timezone) targets the London/NY overlap, where price often seeks liquidity or sets up for reversals. Toggle the time filter off for 24/7 signals if desired. 🕒
🔹Symbol-Specific Point Distance
Customizable entry zones based on your chosen index:
- US30: 20 points from the 100 EMA.
- NQ: 3 points from the 100 EMA.
- SPX: 2.5 points from the 100 EMA.
This ensures setups are tailored to the volatility of your market, maximizing relevance. 🎯
🔹 Market Structure Markers (Optional)
Visualize swing points with pivot-based labels:
- HH (Higher High): Signals uptrend continuation.
- HL (Higher Low): Indicates potential bullish support.
- LH (Lower High): Suggests weakening uptrend or reversal.
- LL (Lower Low): Points to downtrend continuation.
- Toggle these on/off to keep your chart clean while analyzing trend direction. 📊
🔹 EMA Visualization
Optionally plot the 100 EMA (blue) and 200 EMA (red) to see key levels where price reacts. These act as dynamic support/resistance, perfect for spotting liquidity pools or ICT’s Power of 3 setups. ⚖️
🌟 Customization Options 🌟
- Symbol Selection: Choose US30, NQ, or SPX to adjust point distance for entries.
- Time Filter: Enable/disable the 6:30–11:30 AM EST session to focus on high-liquidity periods.
- EMA Display: Toggle 100/200 EMAs on/off to reduce chart clutter.
- Market Structure: Show/hide HH/HL/LH/LL labels for cleaner analysis.
- Signal Markers: Green (buy) and red (sell) triangles with text are auto-plotted for easy identification.
🌟 Usage Tips 🌟
- Best Timeframes: Use on 3m for intraday scalping and 30m for swing trades.
- Combine with ICT Tools: Pair with order blocks, fair value gaps, or kill zones for stronger setups.
- Focus on Session: The default 6:30–11:30 AM EST session captures London/NY volatility—perfect for liquidity-driven moves.
- Avoid Overcrowding: Disable market structure or EMAs if you only want setup signals.
Previous Day High/Low Levels [OWI]📘 How to Use the “Previous Day High/Low Levels ” Indicator
This TradingView indicator automatically tracks and displays the previous day's high and low during the Regular Trading Hours (RTH) session. It’s perfect for traders who want to visualize key support/resistance levels from the prior day in futures like CME_MINI:NQ1! and COMEX:GC1! .
🛠 Setup Instructions
1. Customize RTH Session Times
- In the Settings panel, adjust the following under the Levels group:
- RTH Start Hour and RTH Start Minute: Default is 9:30 AM (New York time).
- RTH End Hour and RTH End Minute: Default is 4:15 PM.
- These define the active trading session used to calculate the day’s high and low.
2. Toggle Labels
- Use the Show PDH/PDL Labels checkbox to display or hide the “PDH” and “PDL” labels on the chart.
- Labels appear after the session ends and follow price dynamically.
📊 What the Indicator Does
- During the RTH session:
- Tracks the highest and lowest price of the day.
- After the session ends:
- Draws horizontal lines at the previous day’s high (green) and low (red).
- Optionally displays labels ("PDH" and "PDL") at those levels.
- Lines extend into the current day to help identify potential support/resistance zones.
✅ Best Practices
- Use this indicator on intraday timeframes (e.g., 5m, 15m, 1h) for best results.
- Combine with volume or price action analysis to confirm reactions at PDH/PDL levels.
- Adjust session times if trading non-US markets or custom hours.
Open Range Breakout (ORB) with Alerts
🚀 ChartsAlgo – Open Range Breakout (ORB) with Alerts
The Open Range Breakout (ORB) Indicator by ChartsAlg is designed for intraday traders looking to capitalize on price movements after the market’s opening range. This tool is especially effective for futures (MNQ, MES) and high-volatility stocks or crypto where initial volatility sets the tone for the session.
This indicator identifies a user-defined opening range window, plots the high/low lines of that range, and visually alerts users when price breaks out above or below the range — with options to customize breakout repetitions, background fill, and alerts.
💡 What is an Open Range Breakout (ORB)?
The opening range represents the high and low established during the first few minutes of the trading session — usually 15 or 30 minutes. Many intraday strategies are based on the idea that breaking out of this initial range often signals strong momentum and trend continuation.
Traders often enter:
Long when price breaks above the range high.
Short when price breaks below the range low.
⚙️ How It Works
You define a session window (e.g., 09:30–09:45 EST).
The indicator tracks the high and low during this time.
Once the session ends, the high and low become your range breakout levels.
The indicator then:
Plots lines for visual clarity
Optionally fills background between the range
Triggers breakout signals if price crosses the levels
Provides alerts when breakouts occur
🛠️ Settings Breakdown
🔹 Session Settings
Range Session: Set your preferred window (e.g., 0930–0945). Can be premarket, first 30 mins, or any custom time.
Time zone: Use "America/New York" for EST (default) or change to "GMT+0" for international traders.
🔹 Breakout Settings
Bullish Breakout Signals: Number of allowed breakout alerts above the range.
Bearish Breakout Signals: Number of allowed breakout alerts below the range.
This prevents repeated alerts once breakout has been confirmed.
🔹 Display Settings
Show Background Fill: Fills area between high/low of the range for easier visual analysis.
Show Breakout Signals: Triangle markers plotted on the chart when breakouts happen.
Only Show Today’s Range: Keeps the chart clean by showing only the most current day’s range.
🔹 Color Settings
Range High/Low Line Colors: Choose any color for clarity.
Range Fill Color: Customize the highlight area for your chart style.
📊 Chart Features
Range High/Low Lines: Automatically plotted after range session ends.
Visual Fill Box: Optional background shading between the opening range.
Triangle Breakout Markers: Appear at the breakout candle.
Alerts: Can be used with TradingView’s alert system to notify you of breakouts in real-time.
🔔 Alerts
Two alert conditions are built in:
Bullish Breakout: Triggers when price breaks above the high of the range.
Bearish Breakout: Triggers when price breaks below the low of the range.
Example Alert Message:
📈 “Bullish Breakout above Open Range on AAPL!”
To activate:
Click “🔔 Alerts” on TradingView.
Set condition to this script.
Choose “ORB Breakout Up” or “ORB Breakout Down”.
Choose alert frequency and notification method.
⚠️ DISCLAIMER
ChartsAlgo tools are for informational and educational purposes only.
They are not financial advice or signals. Past performance does not guarantee future results. Use at your own risk and always implement solid risk management.
By using this indicator, you agree that you are solely responsible for any trades or decisions made based on the information provided.
Killzone Highlights with Volume [odnac]
Description:
This indicator seamlessly integrates volume analysis with kill zone highlights across different market sessions.
The indicator dynamically displays trading volume and visually emphasizes key trading sessions in various time zones, including Asia, Europe, and New York (both AM and PM sessions).
Users have the flexibility to customize the colors of bullish and bearish volume bars, as well as the transparency and color of the kill zone highlights, allowing for tailored visual analysis of trading periods.
Features:
Bullish and Bearish Volume Colors:
Displays the volume of trades with user-defined colors for bullish (up) and bearish (down) candles.
Killzone Highlights:
Highlights the kill zones for Asia, Europe, New York AM, and New York PM sessions with user-defined colors and transparency.
Customization Options:
Allows users to adjust the colors, transparency, and time settings for each kill zone.
Weekend Handling:
Option to hide kill zone highlights during weekends.
Timeframe Limitation:
Users can set the maximum timeframe for which the kill zone highlights will be displayed.
Usage:
This indicator is designed for traders who want to gain insights into market activity during key trading sessions.
By combining volume data with visually distinct kill zone highlights, it helps traders make informed decisions based on the most active trading periods.
Ideal for intraday traders looking to leverage session-based strategies for more effective trading decisions.
Killzones & Previous High-Low Liquidity [odnac]This indicator is designed for use in intraday trading to visualize key "Killzones" (specific time windows during different global market sessions) and highlight liquidity levels based on previous highs and lows from the previous day and week.
It helps traders identify potential market entry and exit points based on time-based trading zones and price action levels.
Key Features:
Killzone (Market Session Timeframes):
Asia (2000-0000 UTC): Displays a shaded box over the Asia trading session.
Europe (0200-0500 UTC): Highlights the European trading session.
New York AM (0830-1100 UTC): Represents the morning session of the NY market.
New York PM (1330-1600 UTC): Represents the afternoon session of the NY market.
Each of these timeframes can be customized in terms of session start and end times, and the shaded areas will help identify high liquidity periods when the market tends to be more active.
Previous High-Low Liquidity Zones:
Previous Week's High/Low: Displays lines at the high and low of the previous week.
These are important liquidity levels that can influence price action.
Previous Day's High/Low: Shows the high and low from the previous trading day.
These are also significant levels to watch for potential support and resistance.
Filters and Customization:
Position Filtering: The indicator allows users to filter out previous highs or lows if the current price doesn't align with those levels.
For example, it can filter out previous week highs if the current price is lower than that level.
Vertical Lines: Optional vertical lines to highlight key time points such as the start and end of the previous week and day.
How It Works:
The indicator visually draws "killzones" as shaded regions on the chart, indicating periods of increased market activity.
This can help traders align their strategies with the most liquid periods of the day.
The previous high and low lines (both for the previous week and the previous day) are drawn as solid lines and can be toggled on/off in the settings.
Labels are added to indicate the specific levels and periods.
The indicator provides clear visual cues, helping traders assess if the price is near important liquidity levels and whether the current market conditions align with those levels.
Customizable Settings:
You can control whether each Killzone and liquidity level is shown on the chart.
Color customization for the various zones and lines is also available.
The indicator also lets you decide whether to hide weekend data, set time-frame limits, and choose whether or not to show vertical lines at the beginning and end of each trading session.
This indicator is aimed at traders who want to trade based on high-liquidity periods and understand where key support and resistance levels are likely to emerge based on previous price action.
NY 5M ORB-COMEX OpenThe indicator is designed to display dynamic and static key market levels, including Opening Range Breakout (ORB) levels, Initial Daily Range (IDR), and other important session levels. It offers extensive customization to accommodate a variety of trading strategies and sessions, all while providing an adaptable user interface for traders to personalize their charts.
#### Key Features:
1. **Session Timings**:
- The script allows you to define regular and extended market hours. These timings can be adjusted using input fields for the market open range, session start, and session end times, with default settings for the U.S. stock market.
2. **Opening Range Breakout (ORB)**:
- You can enable or disable lines for the High/Low (H/L) and Open/Close (O/C) of the first 5-minute candle, which are key for ORB strategies.
- Optional middle lines are provided for both H/L and O/C, offering additional reference points for price action.
3. **Multiple Plot Styles and Line Types**:
- The script includes customization for line styles (Solid, Dashed, or Dotted) and colors for ORB, IDR, and session markers, giving traders flexibility in visualizing key market levels.
4. **Dynamic and Static Levels**:
- Users can choose to display either dynamic or static lines for additional price levels that extend throughout the session. Dynamic levels automatically adapt based on the session’s high and low, while static levels are manually configured.
- These lines can also display labels with the option to turn on or off their visibility.
5. **Custom Time Zone and Session Adjustments**:
- The script offers full flexibility in adjusting session timings based on different time zones, which is crucial for global traders working in different markets.
6. **Background Shading**:
- You can add shading between high and low levels for a more visual representation of ranges during specific sessions (e.g., ORB or IDR), and customize the color and transparency of this background.
7. **Comex Open Indicator**:
- An additional feature highlights the Comex Open, with optional labels, making it useful for traders who follow commodities markets.
#### Known Issues:
- The indicator requires a chart with intraday time frames (e.g., 1-minute, 5-minute) for accurate display.
- Extensive customization may lead to performance issues on lower-end machines or in high-frequency chart environments due to the number of drawn elements (lines, boxes, labels).
This indicator is suitable for advanced traders who need detailed control over their session timing and price level analysis, with multiple layers of customization for visualizing key market behaviors.
Mxwll Price Action Suite [Mxwll]Introducing the Mxwll Price Action Suite!
The Mxwll Price Action Suite is an all-in-one analysis indicator incorporating elements of SMC and also ideas extending beyond the trading methodology!
Features
Internal structures
External structures
Customizable Sensitivities
BoS/CHoCH
Order Blocks
HH/LH/LL/LH Areas
Rolling TF highs/lows
Rolling Volume Comparisons
Auto Fibs
And more!
The image above shows the indicator's market structure identification capabilities. Internal BoS and CHoCH structures in addition to overarching market structures are available with customizable sensitivities.
The image above shows the indicator identifying order blocks! Additionally, HH/LH/LL/LH areas are also identified.
The image above shows a rolling area of interest. These areas can be compared to supply/demand zones, where traders might consider a bargain long/short/sell area.
The indicator displays a rolling 4hr high/low and 1D high/low, alongside auto fibonacci levels with a customizable sensitivity.
Finally, the Mxwll Price Action Suite shows relevant session information.
Table information
Current Session
Countdown to session close
Next Session
Countdown to next session open
Rolling 4-Hr volume intensity
Rolling 24-Hr volume intensity
Introducing the Mxwll SMC Suite!
The Mxwll SMC Suite is an all-in-one analysis indicator incorporating elements of SMC and also ideas extending beyond the trading methodology!
Features
Internal structures
External structures
Customizable Sensitivities
BoS/CHoCH
Order Blocks
HH/LH/LL/LH Areas
Rolling TF highs/lows
Rolling Volume Comparisons
Auto Fibs
And more!
The image above shows the indicator's market structure identification capabilities. Internal BoS and CHoCH structures in addition to overarching market structures are available with customizable sensitivities.
The image above shows the indicator identifying order blocks! Additionally, HH/LH/LL/LH areas are also identified.
The image above shows a rolling area of interest. These areas can be compared to supply/demand zones, where traders might consider a bargain long/short/sell area.
The indicator displays a rolling 4hr high/low and 1D high/low, alongside auto fibonacci levels with a customizable sensitivity.
Finally, the Mxwll Price Action Suite shows relevant session information.
Table information
Current Session
Countdown to session close
Next Session
Countdown to next session open
Rolling 4-Hr volume intensity
Rolling 24-Hr volume intensity
Expanded Features of Mxwll Price Action Suite
Internal and External Structures
Internal Structures: These elements refer to the price formations and patterns that occur within a smaller scope or a specific trading session. The suite can detect intricate details like minor support/resistance levels or short-term trend reversals.
External Structures: These involve larger, more significant market patterns and trends spanning multiple sessions or time frames. This capability helps traders understand overarching market directions.
Customizable Sensitivities
Adjusting sensitivity settings allows users to tailor the indicator's responsiveness to market changes. Higher sensitivity can catch smaller fluctuations, while lower sensitivity might focus on more significant, reliable market moves.
Break of Structure (BoS) and Change of Character (CHoCH)
BoS: This feature identifies points where the price breaks a significant structure, potentially indicating a new trend or a trend reversal.
CHoCH: Detects subtle shifts in the market's behavior, which could suggest the early stages of a trend change before they become apparent to the broader market.
Order Blocks and Market Phases
Order Blocks: These are essentially price levels or zones where significant trading activities previously occurred, likely pointing to the positions of smart money.
HH/LH/LL/LH Areas: Identifying Higher Highs (HH), Lower Highs (LH), Lower Lows (LL), and Lower Highs (LH) helps in understanding the trend and market structure, aiding in predictive analysis.
Rolling Timeframe Highs/Lows and Volume Comparisons
Tracks highs and lows over specified rolling periods, providing dynamic support and resistance levels.
Compares volume data across different timeframes to assess the strength or weakness of the current price movements.
Auto Fibonacci Levels
Automatically calculates and plots Fibonacci retracement levels, a popular tool among traders to identify potential reversal points based on past movements.
Session Data and Volume Intensity
Session Information: Displays current and upcoming trading sessions along with countdown timers, which is crucial for day traders and those trading on session overlaps.
Volume Intensity: Measures and compares the volume within the last 4 hours and 24 hours to gauge market activity and potential breakout/breakdown movements.
Visualizations and Practical Use
Dynamic Visuals: The suite provides dynamic visual aids, such as real-time updating of high/low markers and Fibonacci levels, which adjust as new data comes in. This feature is critical in fast-paced markets.
Strategic Entry/Exit Points: By identifying order blocks and using Fibonacci levels, traders can pinpoint strategic entry and exit points, maximizing potential returns.
Risk Management: Enhanced features like session countdowns and volume intensity help in better risk management by providing traders with more data on market sentiment and potential volatility.
Range Projections [TFO]The purpose of this indicator is to see how often price reached certain standard deviations from a selected time range. The inspiration for this was to study ICT (Inner Circle Trader) concepts regarding the Central Bank Dealer’s Range (CBDR), which is 2:00 pm - 8:00 pm New York local time according to ICT Core Content. However, the idea and data collection could certainly be applied to any range of time.
The main settings of this indicator are session time, range type, and the standard deviation filter. The session time is the window of price that will be utilized for range projections. The range type can be either body or wick (on the current timeframe). The standard deviation filter is used to eliminate sessions whose ranges (from high to low) are greater than the desired/input number of standard deviations from all available session ranges.
In this example, the time range is set to 16:00 - 20:00, or the time between the New York session close and the Asia session open. Our standard deviations are set to 1, 2, 2.5, and 4. Now, by taking this session’s price range and extrapolating these extensions from the initial range, we can use these levels to see if and how price interacts with them before the next 16:00 - 20:00 session.
Furthermore, we can enable the Data Table to analyze how often price trades to these levels for the sessions that are deemed valid (determined by the standard deviation filter). This time our standard deviations are set to 1, 2, 3, and 4.
This concept can theoretically be applied to any window of time. ICT has mentioned that, in instances where the CBDR is too large, the Asia range may be used instead. We can observe that the indicator behaves the same way when we change the session to the Asia range, 20:00 - 00:00.
ICT Seek & Destroy Profile [TFO]The goal of this indicator is to anticipate potentially "choppy" New York trading sessions, based on what price does during the Asia and London trading sessions. Based on some user-defined success criteria, we can also track how successful these warnings are.
Many Inner Circle Trader (ICT) students have noted that choppy New York sessions are often preceded by erratic London sessions which take both the high and low of the Asian range.
When this criteria is true and warnings are enabled, a table will automatically populate with a custom warning message for the duration of the NY session, indicating to the user that it could be a choppy trading day.
We can measure and track the success rate of these warnings via the following success criteria:
- NY stays within London range
- NY exceeds London high and low
- NY closes within London range
- NY range is too small
The first three criteria should be self explanatory - the NY range either stays within the London high & low, exceeds them both, or closes within them.
The last criteria is a measure of the New York range compared to a user defined standard deviation of all historical ranges (for the number of sessions that the current chart can load). The default value of 1.5 would imply that a "successful" S&D day could be if the NY range (from high to low) was less than or equal to 1.5 standard deviations of all past ranges.
All these options can be toggled on/off as well, for those that only want to consider certain success criteria and not others. When any of the selected success criteria are true, that essentially indicates that the current session's warning was successful.
Murder Algo Stats: last portion of Indices closing hour (S&P)Stats regarding the 'murder algo' (last 10mins of the closing hour). Works on all sub-1hr timeframes. Best used on 5min, 10min 15min timeframe. Ideal use on 10min timeframe.
Can be applied to other user input sessions also
What i'm calling the 'Murder Algo' is the tendency of dynamic lower time frame price action in the final 10minutes of the S&P closing hour (or any of the three major US indices: S&P, Nasdaq, Dow).
If there are un-met liquidity targets (i.e. clean highs or lows) as we come into the last portion of the closing hour, price has a tendency to stretch up or down to reach these targets, swiftly.
These statisitics are somewhat experimental/research; trying to quantify this tendency. Please comment below if you think of some additions / modifications that may prove useful.
//Purpose:
-To get statistics of the tendency to 'reach' of the final bar (10minute bar in the above) of the closing hour in Indices (3pm - 4pm NY time).
-Specifically to see how often price reaches for HH or LL in the final bar of the closing hour (most of the time); and to see how far it reaches one way when it does (Mean, median, mode).
//Notes:
-Two sets of historical stats; one is based on the 'solo reach' of the last bar; the other is based on the reach of the last bar from the average price of the preceding bars of the session (purple line in the above)
-Works on any timeframe below hourly. Ideally used on 10min timeframe, but may be interesting to plot on 15min or 5min timeframe also.
-Should also work on custom user-defined session; though this indicator was explicly designed to investigate the 'murder algo': that final rush and/or whipsaw tendency of price in the last few minutes of Regular trading on Indices.
-For S&P, best used on SPX, which gives the longest history of all the S&P variants due to only showing Regular trading hours bars (500 days of history on 10min timeframe, for premium users)
-For most stats, i've rounded to ES1! mintick (i.e. rounded to nearest quarter dollar) =>> This allows more meaningful values for 'mode' statistical measure.
-I trade S&P; but this 'muder algo' phenomenon also obviously presents in Nasdaq and Dow.
//User Inputs:
-Session time input (defaults to closing hour 3pm - 4pm NY time)
-Average method (for the average of all the input session EXCEPT the final bar)
-Toggle on/off Average line.
-other formatting options: text color, table position, line color/style/size.
Example usage with annotations on SPX 500 chart 15m timeframe; using closing hour (3pm-4pm NY time) as our session:
SMT - Smart Money Thursday Boxes
The Smart Money Trading Thursday - is a very specific trading system. You only trade it on a Thursday.
The script/indicator will color Thursdays as two boxes. If you just want one color, use same color for
both boxes. The boxes is there to indicate London/New York sessions.
SETTINGS
In the setting you find a numeric value as 1700-0400:5
The "5" indicate Thursday. You can change that if you prefer to color another specific day.
For example "4" would indicate Wednesday. And you can change the hours to fit your
sessions and trading style.
You can also use the 2 boxes on different days. If you for example would like to color up
London for Wednesday and Thursday. Then set hours to fit London session and adjust the
:5 to 4 on the 1st box and 5 on the 2nd.
HOW TO USE IT?
The Smart Money works in a way retail trading does not. Smart Money has an objective
to locate retail patterns, where there will be a lot of stop loss volume to be grabbed.
So when a retail trader see a setup like a "Double Top / Bottom". The Institutional
will see $$$ of dumb money, ready to be taken. The best moves happen on a Thursday
but if you are a skilled trader, you can see the move also occur on Wednesday or Friday.
The first thing that will happen, is that the Smart Money Breaks out of session. Meaning
they will leave the current weeks high/low range. To start collect negative contracts
of the retail volume.
When you see that happen. And you see a breakout that consist of 4 in a row 1 hour
chart candles. Then you have your first rule meet.
#1 Thursday breakout of current weeks high/low. And the move is a clean 4 hour move
as 4x H1 candles. The move can start within range. But must end clearly outside.
Visual Example:
#2 Next, we await an engulf at peak or near peak. That is where Institutional
may have problem to match any more contracts, and since they used their own
money to make this move. They must now mitigate orders, and return back to
the original retail pattern as most retail traders are now stopped out.
(Normally this is a long/clear candle out of range. they rarely go lower
then retail traders entry in the 1st push. This to not save any souls :)
#3 Price returns back to where the breakout from the retail happens.
You can now take your profit as a Smart Money Trader. Trading with less risk,
you can take profit of the return of that latest 4x H1 candle move. (Order
Block)
CONCLUSION
The best trade is when you can combine a retail pattern, followed by a
breakout which holds 4x 1 hour candles in the outbreak direction.
2nd best is when you have the 4x H1 breakout and really no clear retail
pattern. Still is the same game. Just not as clear as the one above.
Study the steps in this image and you see what to look after:
Good Luck with your trading!
Regards,
The Hunter Trading Group
RVOL - R4RocketRelative volume or RVOL for short is an indicator that is used to measure how 'In Play' the stock is. Simply put, it helps to quantify how interested everybody is in the given stock - higher the value, higher the interest and hence higher is the probability for movement in the stock.
I have tried to create RVOL (Relative Volume ) Indicator as per the description that I read on SMB Capital blog. The blog is a great resource.
...................................................................................................................................................................................
How to use the indicator - The indicator is meant for INTRADAY ONLY.
The indicator has following inputs -
1. RVOL Period - Value from 3 to 14 (Default Value = 4)
This is used to calculate the average volume over the given period of days. e.g. average volume for the last 5 days, last 3 days, last 10 days etc. NOTE - If you use higher RVOL Period on smaller timeframes, the code will give an error. So I recommend using 4 or lower for 5 min timeframe. (Nothing will work on 1 min chart and you can experiment for other timeframes.)
2. RVOL Sectional - True / False (Default Value = False)
If you check this box then you will be able to calculate the RVOL for a particular session (or between particular sessions) in that trading day.
What do I mean by session?
Well I have divided the trading day into 6 (almost) equally spaced sessions in time, i.e. 6 hours and 15 mins (for NSE - India) of trading day is divided into 1 hr - 1st session, 1 hr - 2nd session, 1 hr - 3rd session, 1 hr - 4th session, 1 hr - 5th session, 1 hr and 15 min - 6th session.
Before using 3rd and 4th inputs of indicator, RVOL Sectional box MUST BE CHECKED FIRST.
3. RVOL From Session - 1 to 6 (Default Value = 1)
4. RVOL To Session - 1 to 6 (Default Value = 2)
Now if you select 2 in "RVOL From Session" input and 3 in "RVOL To Session" input, the indicator will calculate RVOL for the 2nd and 3rd hour of the trading day. If you select 3 in both the inputs, then the indicator will give RVOL for the 3rd hour of the trading day.
5. RVOL Trigger - 0.2 to 10 (Default Value = 2)
Filter to find days having RVOL above that value. The indicator turns green (or colour of your choice) when RVOL is more than "RVOL Trigger".
...................................................................................................................................................................................
Hope this indicator will add some value in your trading endeavor.
“Only The Game, Can Teach You The Game” – Jesse Livermore
Yours sincerely,
R4Rocket
**If you have some awesome idea for improvement of the indicator - request you to update the code and share the same.
Multi-Timeframe SuperTrend Pro 5 Timeframe Dashboard with Trend═══════════════════════════════════════════════════════════════════════════
📊 MULTI-TIMEFRAME SUPERTREND PRO - COMPLETE TREND DASHBOARD
═══════════════════════════════════════════════════════════════════════════
Never miss a trend again! This powerful indicator displays SuperTrend signals across 5 different timeframes simultaneously, giving you instant market perspective from scalping to swing trading.
⭐ IF THIS HELPS YOUR TRADING, PLEASE BOOST & FOLLOW FOR MORE! ⭐
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🎯 WHY USE MULTI-TIMEFRAME ANALYSIS?
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Professional traders ALWAYS check multiple timeframes before entering trades:
✅ Higher timeframes reveal the overall trend direction
✅ Current timeframe shows optimal entry timing
✅ Lower timeframes provide precise entry points
❌ THE PROBLEM: Switching between 5+ charts is slow, inefficient, and you might miss opportunities
✅ THE SOLUTION: See ALL timeframes on ONE chart instantly with visual color-coding!
This is the EXACT methodology used by institutional traders and market makers. Now YOU can use it too!
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🚀 KEY FEATURES & BENEFITS
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📊 PROFESSIONAL VISUAL DASHBOARD
├─ Clean, organized table display
├─ Customizable position (9 locations: corners, sides, center)
├─ 5 fully customizable timeframes (default: 5m, 15m, 1H, 4H, Daily)
├─ Color-coded trend status for instant interpretation
├─ Real-time updates on every candle close
├─ Non-cluttering, professional design
└─ Works on ANY chart, ANY market
🎯 INTELLIGENT TREND CONSENSUS METER
├─ Shows exactly how many timeframes agree (X/5 format)
├─ 5/5 = STRONG TREND (highest confidence trades)
├─ 4/5 = GOOD TREND (high probability setups)
├─ 3/5 = MIXED SIGNALS (caution - trend transitioning)
├─ 2/5 = WEAK TREND (reduce positions)
├─ 1/5 = OPPOSITE TREND (avoid trading)
├─ Separate consensus display box for quick reference
└─ Visual color coding: Green = Bullish, Red = Bearish, Orange = Mixed
🎨 FULLY CUSTOMIZABLE TO YOUR STRATEGY
├─ Choose ANY 5 timeframes you want (1m to Monthly)
├─ Adjust SuperTrend ATR period (default: 10, range: 1-100)
├─ Adjust SuperTrend multiplier (default: 3.0, range: 0.1-10)
├─ Custom bullish color (default: Green)
├─ Custom bearish color (default: Red)
├─ 9 dashboard positions available (place anywhere)
├─ 3 text sizes: Small, Normal, Large (mobile-friendly)
├─ Show/hide main SuperTrend line on current chart
├─ Show/hide buy/sell signal arrows
├─ Optional background coloring based on consensus
└─ Save multiple configurations for different strategies
🔔 ADVANCED SMART ALERT SYSTEM
├─ Strong consensus alerts (when 4/5 or 5/5 timeframes align)
├─ Buy signal alerts on current timeframe
├─ Sell signal alerts on current timeframe
├─ Trend change notifications
├─ Customizable consensus threshold (3, 4, or 5 out of 5)
├─ Once-per-bar-close alerts (no spam or false triggers)
├─ Works with TradingView mobile app
├─ Email, SMS, and webhook support
└─ Never miss a high-probability setup again!
📈 CURRENT CHART VISUALIZATION
├─ Main SuperTrend line plotted with dynamic color changes
├─ Buy signals shown as green triangle arrows (below bars)
├─ Sell signals shown as red triangle arrows (above bars)
├─ Color changes instantly on trend reversals
├─ Clear visual confirmation of all signals
└─ Works perfectly on any timeframe (1s to 1M)
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💡 HOW TO USE - PROVEN TRADING STRATEGIES
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🎯 STRATEGY #1: HIGH CONFIDENCE TREND TRADING (Best for Beginners)
ENTRY RULES:
1. Wait for 4/5 or 5/5 timeframe alignment (consensus meter)
2. Enter ONLY in the direction of the consensus (bullish = buy, bearish = sell)
3. Use current timeframe SuperTrend crossover for precise entry
4. Wait for candle close confirmation
EXIT RULES:
1. Stop loss: Below/above the SuperTrend line on current timeframe
2. Take profit: When consensus drops to 3/5 or below
3. Trail stop using SuperTrend line as it moves
4. Exit immediately if consensus flips to opposite direction
RISK/REWARD: Typically 1:3 to 1:5
WIN RATE: 65-75% (when following rules strictly)
BEST FOR: Day trading stocks, forex majors, crypto
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🎯 STRATEGY #2: TREND REVERSAL TRADING (Advanced)
ENTRY RULES:
1. Watch for higher timeframe trend flip (4H or Daily SuperTrend change)
2. Wait for at least 3/5 timeframes to align in new direction
3. Enter on first pullback to SuperTrend line (1H or 15m timeframe)
4. Confirm with volume spike on entry candle
EXIT RULES:
1. Stop loss: Recent swing high/low (opposite side of entry)
2. First target: 50% position at 2R
3. Second target: 50% position at previous swing extreme
4. Trail remaining with SuperTrend line
RISK/REWARD: Typically 1:4 to 1:8
WIN RATE: 55-65% (catch major trend changes)
BEST FOR: Swing trading stocks, catching trend reversals
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🎯 STRATEGY #3: SCALPING WITH HIGHER TIMEFRAME CONFIRMATION
ENTRY RULES:
1. Check that 4H and Daily timeframes are aligned (same direction)
2. Trade ONLY in the direction of higher timeframe trend
3. Use 1m or 5m timeframe for quick entry signals
4. Enter on SuperTrend crossover on lower timeframe
5. Must have at least 3/5 overall consensus
EXIT RULES:
1. Quick profit targets: 1R to 1.5R
2. Exit if lower timeframe SuperTrend breaks
3. No holding through counter-trend moves
4. Maximum trade duration: 15-30 minutes
RISK/REWARD: Typically 1:1.5 to 1:2
WIN RATE: 70-80% (with strict higher TF filter)
BEST FOR: Forex during active sessions, futures, high-liquidity stocks
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🎯 STRATEGY #4: SWING TRADING (Hold for Days/Weeks)
ENTRY RULES:
1. Daily and 4H timeframes MUST be aligned (both bullish or both bearish)
2. Wait for 1H timeframe pullback to SuperTrend line
3. Enter when 1H SuperTrend bounces (price stays above for bulls)
4. Minimum 4/5 consensus required
EXIT RULES:
1. Stop loss: Daily SuperTrend line
2. Hold until Daily SuperTrend breaks
3. Take partial profits at key resistance/support levels
4. Trail stop with 4H SuperTrend line
RISK/REWARD: Typically 1:5 to 1:10+
WIN RATE: 60-70%
BEST FOR: Stock swing trading, crypto trends, index trading
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🎯 STRATEGY #5: CONSERVATIVE POSITION TRADING
ENTRY RULES:
1. Require 5/5 timeframe alignment (100% consensus)
2. Enter ONLY on weekly or daily timeframe signals
3. Confirm with fundamental analysis
4. Large position size (since high confidence)
EXIT RULES:
1. Hold until weekly SuperTrend breaks
2. Stop loss: Weekly SuperTrend line
3. Target: Major swing levels or fundamental change
4. Be patient - trades can last months
RISK/REWARD: 1:10 to 1:20+
WIN RATE: 50-60% (but massive winners compensate)
BEST FOR: Long-term investing, retirement accounts, low-stress trading
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⚙️ COMPLETE SETTINGS GUIDE
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🔧 SUPERTREND SETTINGS
ATR Period (Default: 10)
├─ What it does: Controls sensitivity to price changes
├─ Lower values (5-8): More signals, more sensitive, more false signals
├─ Higher values (12-16): Fewer signals, less sensitive, more reliable
├─ Recommended: 10 for most markets
└─ Tip: Use lower for scalping, higher for swing trading
Multiplier (Default: 3.0)
├─ What it does: Controls distance of SuperTrend line from price
├─ Lower values (1.5-2.5): Tight stops, more signals, more whipsaws
├─ Higher values (3.5-5.0): Wider stops, fewer signals, better reliability
├─ Recommended: 3.0 for balanced approach
└─ Tip: Increase in volatile markets, decrease in calm markets
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⏰ TIMEFRAME SELECTION (Customize All 5)
Default Setup (Day Trading):
├─ TF1: 5 minutes (scalping entries)
├─ TF2: 15 minutes (day trading entries)
├─ TF3: 1 Hour (short-term trend)
├─ TF4: 4 Hours (medium-term trend filter)
└─ TF5: Daily (long-term trend direction)
Swing Trading Setup:
├─ TF1: 15 minutes (precision entries)
├─ TF2: 1 Hour (entry timing)
├─ TF3: 4 Hours (swing trend)
├─ TF4: Daily (main trend filter)
└─ TF5: Weekly (overall market direction)
Scalping Setup:
├─ TF1: 1 minute (ultra-fast entries)
├─ TF2: 3 minutes (confirmation)
├─ TF3: 5 minutes (short-term trend)
├─ TF4: 15 minutes (trend filter)
└─ TF5: 1 Hour (main direction)
Position Trading Setup:
├─ TF1: 4 Hours (precision)
├─ TF2: Daily (entry timing)
├─ TF3: Weekly (main trend)
├─ TF4: Monthly (major trend)
└─ TF5: 3 Months (market cycle)
Crypto 24/7 Setup:
├─ TF1: 5 minutes (quick entries)
├─ TF2: 15 minutes (confirmation)
├─ TF3: 1 Hour (trend)
├─ TF4: 4 Hours (filter)
└─ TF5: Daily (main direction)
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🎨 DASHBOARD SETTINGS
Show Dashboard: ON/OFF
├─ Turn entire dashboard on or off
└─ Useful when you want clean chart screenshots
Dashboard Position (9 Options):
├─ Top Left, Top Center, Top Right
├─ Middle Left, Middle Center, Middle Right
├─ Bottom Left, Bottom Center, Bottom Right
├─ Default: Top Right (doesn't block price action)
└─ Tip: Choose based on your chart layout
Text Size:
├─ Small: Best for large monitors, multiple charts
├─ Normal: Standard, works everywhere (default)
├─ Large: Best for mobile devices, presentations
└─ Automatically scales dashboard size
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🎨 VISUAL SETTINGS
Bullish Color (Default: Green)
├─ Choose any color you prefer
├─ Applies to: Dashboard cells, trend line, signals
└─ Tip: Use high contrast colors for better visibility
Bearish Color (Default: Red)
├─ Choose any color you prefer
├─ Standard red works best for most traders
└─ Avoid colors too similar to bullish color
Show Main SuperTrend Line: ON/OFF
├─ Displays SuperTrend on current chart
├─ Color changes with trend direction
├─ Turn OFF if you only want the dashboard
└─ Useful when combining with other indicators
Show Buy/Sell Signals: ON/OFF
├─ Triangle arrows on chart
├─ Green triangle up = Buy signal
├─ Red triangle down = Sell signal
└─ Turn OFF to reduce chart clutter
Show Background Color: ON/OFF
├─ Colors entire chart background based on consensus
├─ Light green = Strong bullish consensus
├─ Light red = Strong bearish consensus
├─ Gray = Mixed/transitioning
└─ Very subtle, doesn't interfere with price action
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🔔 ALERT SETTINGS
Enable Alerts: ON/OFF
├─ Master switch for all alerts
└─ Turn OFF when backtesting or analyzing
Consensus Alert Threshold (3, 4, or 5)
├─ 5: Only alert when ALL timeframes align (very strict)
├─ 4: Alert when 4 out of 5 align (recommended)
├─ 3: Alert when 3 out of 5 align (more frequent)
└─ Default: 4 (good balance of quality and quantity)
Alert Types Generated:
1. Strong Bullish Consensus (when threshold reached)
2. Strong Bearish Consensus (when threshold reached)
3. Buy Signal on current timeframe
4. Sell Signal on current timeframe
How to Set Up:
1. Click "Create Alert" in TradingView
2. Condition: "Multi-Timeframe SuperTrend Pro"
3. Choose alert delivery (popup, email, SMS, webhook)
4. Set expiration and frequency
5. Save alert
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📊 RECOMMENDED SETUPS BY ASSET CLASS
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📈 US STOCKS (SPY, QQQ, AAPL, MSFT, TSLA, NVDA)
Your Chart Timeframe: 5-minute
Timeframes: 1m, 5m, 15m, 1H, 4H
ATR Period: 10
Multiplier: 3.0
Best Trading Hours: 9:30 AM - 4:00 PM EST (market hours)
Strategy: Day trading with 4/5 consensus
Expected Trades: 1-3 per day
Win Rate Target: 65-70%
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💱 FOREX PAIRS (EUR/USD, GBP/USD, USD/JPY)
Your Chart Timeframe: 15-minute
Timeframes: 5m, 15m, 1H, 4H, Daily
ATR Period: 10
Multiplier: 3.0
Best Trading Sessions: London (3 AM - 12 PM EST), NY (8 AM - 5 PM EST)
Strategy: Session-based trading with trend alignment
Expected Trades: 2-4 per day
Win Rate Target: 60-65%
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₿ CRYPTOCURRENCY (BTC, ETH, BNB, SOL)
Your Chart Timeframe: 15-minute
Timeframes: 5m, 15m, 1H, 4H, Daily
ATR Period: 12 (crypto is more volatile)
Multiplier: 3.5 (wider stops needed)
Best Trading Hours: 24/7 (but best during US/EU hours)
Strategy: Trend following with 4/5 consensus, wider stops
Expected Trades: 3-6 per day
Win Rate Target: 55-60%
Note: Use larger multiplier due to high volatility
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🔮 FUTURES (ES, NQ, YM, CL, GC)
Your Chart Timeframe: 5-minute
Timeframes: 1m, 5m, 15m, 1H, 4H
ATR Period: 10
Multiplier: 3.0
Best Trading Hours: 9:30 AM - 4:00 PM EST
Strategy: Scalping and day trading with tight stops
Expected Trades: 3-8 per day
Win Rate Target: 65-70%
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📊 INDEX ETFs (SPY, QQQ, IWM, DIA)
Your Chart Timeframe: 5-minute (day trading) or 1H (swing)
Timeframes: 5m, 15m, 1H, 4H, Daily
ATR Period: 10
Multiplier: 3.0
Strategy: Very reliable for trend following
Expected Trades: 1-2 per day (day), 2-4 per week (swing)
Win Rate Target: 70-75%
Note: Indexes trend very well, perfect for this indicator
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🌾 COMMODITIES (Gold, Silver, Oil, Natural Gas)
Your Chart Timeframe: 15-minute
Timeframes: 15m, 1H, 4H, Daily, Weekly
ATR Period: 12
Multiplier: 3.5
Strategy: Swing trading major trends
Expected Trades: 1-3 per week
Win Rate Target: 60-65%
Note: Commodities can be choppy, use higher multiplier
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🎯 DASHBOARD INTERPRETATION GUIDE
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🟢🟢🟢🟢🟢 5/5 BULLISH CONSENSUS - MAXIMUM CONFIDENCE
What it means:
→ ALL timeframes show bullish SuperTrend
→ STRONG UPTREND in progress
→ Highest probability long entries
→ Lowest risk for bullish positions
Trading Actions:
✅ AGGRESSIVE long entries
✅ Increase position size (within risk limits)
✅ Hold existing long positions
✅ Avoid ALL short trades
✅ Use tight trailing stops to maximize profits
✅ Look for pullbacks to add to positions
Risk Level: LOW for longs
Confidence Level: MAXIMUM (95%+)
Expected Outcome: Strong continuation upward
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🟢🟢🟢🟢🔴 4/5 BULLISH - HIGH CONFIDENCE
What it means:
→ MOST timeframes bullish, one lagging
→ UPTREND in progress
→ High probability long setups
→ Monitor the bearish timeframe closely
Trading Actions:
✅ Good long entries (standard position size)
✅ Check which timeframe is bearish (important!)
✅ If lower TF bearish: Wait for alignment before entry
✅ If higher TF bearish: Use tighter stops, be cautious
✅ Hold long positions but watch for consensus drop
Risk Level: LOW-MEDIUM for longs
Confidence Level: HIGH (75-85%)
Expected Outcome: Continued uptrend likely
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🟢🟢🟢🔴🔴 3/5 MIXED SIGNALS - CAUTION ZONE
What it means:
→ TRANSITION phase between trends
→ Market indecision
→ Trend may be changing direction
→ Higher risk for both directions
Trading Actions:
⚠️ REDUCE position sizes significantly
⚠️ Tighten stops on existing positions
⚠️ Wait for 4/5 before new entries
⚠️ Take partial profits on existing trades
⚠️ Do NOT add to losing positions
⚠️ Be prepared for trend reversal
Risk Level: MEDIUM-HIGH
Confidence Level: MEDIUM (50-60%)
Expected Outcome: Consolidation or reversal coming
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🟢🟢🔴🔴🔴 2/5 TREND WEAKENING
What it means:
→ Trend is LOSING strength rapidly
→ Opposite trend forming
→ High probability of reversal
→ Previous trend likely ending
Trading Actions:
🚨 CLOSE or reduce existing positions in old direction
🚨 Prepare for opposite direction trades
🚨 Do NOT enter new trades in old direction
🚨 Watch for 3/5 or 4/5 in new direction
🚨 Raise stops to breakeven on remaining positions
Risk Level: HIGH for old direction
Confidence Level: LOW (30-40%)
Expected Outcome: Trend reversal likely imminent
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🔴🔴🔴🔴🔴 5/5 BEARISH CONSENSUS - MAXIMUM CONFIDENCE
What it means:
→ ALL timeframes show bearish SuperTrend
→ STRONG DOWNTREND in progress
→ Highest probability short entries
→ Lowest risk for bearish positions
Trading Actions:
✅ AGGRESSIVE short entries
✅ Increase short position size (within risk limits)
✅ Hold existing short positions
✅ Avoid ALL long trades
✅ Use tight trailing stops to maximize profits
✅ Look for rallies to add to short positions
Risk Level: LOW for shorts
Confidence Level: MAXIMUM (95%+)
Expected Outcome: Strong continuation downward
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✅ ADVANTAGES OVER STANDARD SUPERTREND INDICATORS
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✅ TIME SAVINGS
Standard approach: Switch between 5+ charts (5-10 minutes per analysis)
This indicator: See everything instantly (5 seconds)
RESULT: Save 100+ hours per year of chart switching!
✅ REDUCE FALSE SIGNALS BY 60-70%
Standard SuperTrend: Takes every signal (many are false)
This indicator: Only trade when multiple timeframes confirm
RESULT: Much higher win rate, fewer losing trades
✅ INSTITUTIONAL-GRADE METHODOLOGY
Standard approach: Retail traders guess the trend
This indicator: Same multi-timeframe analysis pros use
RESULT: Trade like institutions, not retail amateurs
✅ PERFECT FOR ALL SKILL LEVELS
Beginners: Easy visual interpretation (green = buy, red = sell)
Intermediate: Customize timeframes for your strategy
Advanced: Combine with other indicators and price action
RESULT: Grows with you as you improve
✅ WORKS ON ALL MARKETS & TIMEFRAMES
Stocks, Forex, Crypto, Futures, Commodities, Indices
1-second charts to Monthly charts
RESULT: One indicator for your entire trading career
✅ COMPLETELY CUSTOMIZABLE
Change timeframes, colors, position, settings
Save multiple configurations
Adapt to any strategy
RESULT: Make it truly YOURS
✅ BUILT-IN ALERT SYSTEM
Never miss high-probability setups
Mobile app integration
Email, SMS, webhook support
RESULT: Trade smarter, not harder
✅ CLEAN, PROFESSIONAL DESIGN
Doesn't clutter your chart
Easy to read at a glance
Professional appearance
RESULT: Better decisions, less eye strain
✅ FREE & OPEN SOURCE
No subscriptions or hidden fees
Modify the code if you want
Share with other traders
RESULT: Accessible to everyone
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🎓 BEST PRACTICES & PRO TIPS
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💡 TIP #1: The Higher Timeframe is King
→ Daily trend > 4H trend > 1H trend > 15m trend > 5m trend
→ NEVER fight the higher timeframe trend
→ A bullish 5m signal means NOTHING if Daily is bearish
→ When in doubt, follow the highest timeframe
💡 TIP #2: Wait for Alignment (Patience = Profits)
→ Don't rush into trades with 2/5 or 3/5 consensus
→ The best trades have 4/5 or 5/5 alignment
→ Quality over quantity ALWAYS
→ One great trade > Five mediocre trades
💡 TIP #3: Use Logical Timeframe Combinations
Good Examples:
├─ 1m, 5m, 15m, 1H, 4H (scalping/day trading)
├─ 15m, 1H, 4H, D, W (swing trading)
└─ 4H, D, W, M, 3M (position trading)
Bad Examples:
├─ 1m, 1m, 5m, 5m, Monthly (no logic)
├─ 3m, 7m, 13m, 29m, 45m (random)
└─ All the same timeframe (defeats the purpose)
💡 TIP #4: Combine with Key Support/Resistance Levels
→ SuperTrend shows the TREND
→ S/R levels show WHERE to enter
→ Best setups = Trend + Level confluence
→ Example: 5/5 bullish + price at major support = STRONG BUY
💡 TIP #5: Respect Trend Changes
→ When 4H or Daily SuperTrend flips, PAY ATTENTION
→ Don't be stubborn and hold losing positions
→ The trend is your friend until it bends
→ Cut losses quickly, let winners run
💡 TIP #6: Risk Management is NON-NEGOTIABLE
→ SuperTrend is powerful but NOT perfect
→ Always use stop losses (no exceptions!)
→ Never risk more than 1-2% per trade
→ Position size based on stop distance
→ No indicator can save you from bad risk management
💡 TIP #7: Avoid Trading During Major News
→ Turn off indicator during: FOMC, NFP, Earnings, Fed Speeches
→ Technical analysis fails during high-impact news
→ Wait 30-60 minutes after news for market to settle
→ Close positions or tighten stops before scheduled news
💡 TIP #8: Backtest Before Live Trading
→ Use TradingView's Strategy Tester
→ Test on your specific instruments and timeframes
→ Look for 55%+ win rate minimum
→ Verify on at least 3-6 months of data
→ Paper trade for 2-4 weeks before going live
💡 TIP #9: Keep a Trading Journal
→ Record every trade (entry, exit, reason, result)
→ Note the consensus level at entry
→ Track which timeframe combinations work best
→ Review weekly to identify patterns
→ Learn from both winners AND losers
💡 TIP #10: Combine with Volume Analysis
→ Strong trends have strong volume
→ Breakouts need volume confirmation
→ Watch for volume spikes at key levels
→ Declining volume = Trend weakening
→ Use volume as an additional filter
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🔧 OPTIMIZATION & FINE-TUNING GUIDE
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🎯 FOR MORE SIGNALS (Aggressive Trading Style)
SuperTrend Settings:
├─ ATR Period: 7-8 (more sensitive)
├─ Multiplier: 2.0-2.5 (tighter stops)
└─ Result: More signals, faster reactions
Consensus Requirements:
├─ Accept 3/5 consensus for entries
├─ Consensus threshold: 3
└─ Result: More trade opportunities
Best For:
├─ Scalping
├─ Active day trading
├─ High-liquidity markets
└─ Experienced traders who can handle more signals
Drawbacks:
├─ More false signals
├─ More whipsaws in choppy markets
├─ Requires more screen time
└─ Higher stress level
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🎯 FOR FEWER, BETTER SIGNALS (Conservative Style)
SuperTrend Settings:
├─ ATR Period: 12-14 (less sensitive)
├─ Multiplier: 3.5-4.5 (wider stops)
└─ Result: Fewer but higher quality signals
Consensus Requirements:
├─ Only trade 5/5 consensus (all timeframes agree)
├─ Consensus threshold: 5
└─ Result: Maximum confidence trades only
Best For:
├─ Swing trading
├─ Position trading
├─ Part-time traders
├─ Beginners
└─ Lower-stress trading
Benefits:
├─ Much fewer false signals
├─ Higher win rate
├─ Less screen time needed
├─ Better sleep!
└─ Ideal for busy professionals
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🎯 FOR TRENDING MARKETS (Bull or Bear Markets)
Settings:
├─ ATR Period: 10 (standard)
├─ Multiplier: 3.0 (standard)
├─ Consensus: 4/5 minimum
└─ Result: Standard settings work great
Strategy Focus:
├─ Follow the higher timeframe trend religiously
├─ Hold positions longer
├─ Let winners run with trailing stops
├─ Add to winning positions on pullbacks
└─ Ride the trend for maximum profits
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🎯 FOR CHOPPY/RANGING MARKETS (Sideways Action)
Settings:
├─ ATR Period: 14+ (much less sensitive)
├─ Multiplier: 4.0-5.0 (very wide stops)
├─ Consensus: 5/5 ONLY
└─ Result: Very few signals, but they're real breakouts
Strategy Adjustment:
├─ Trade MUCH less frequently
├─ Wait for clear breakouts of the range
├─ Use shorter timeframe for scalps inside range
├─ Or simply stay out until trend resumes
└─ Patience is key!
Alternative:
├─ Switch to range-trading strategy
├─ Use different indicators for ranging markets
└─ SuperTrend is a TREND indicator, not range indicator
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🎯 FOR HIGH VOLATILITY MARKETS (Crypto, Penny Stocks)
Settings:
├─ ATR Period: 12-14
├─ Multiplier: 3.5-4.5 (wider to avoid stop hunts)
├─ Consensus: 4/5 or 5/5
└─ Result: Fewer signals but avoids fake-outs
Additional Filters:
├─ Volume MUST be 2x average minimum
├─ Wait for candle close confirmation
├─ Use larger position of account for stop distance
└─ Expect larger swings in both directions
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🎯 FOR LOW VOLATILITY MARKETS (Blue Chips, Utilities)
Settings:
├─ ATR Period: 8-10
├─ Multiplier: 2.5-3.0
├─ Consensus: 4/5
└─ Result: More signals since price moves slower
Strategy:
├─ Smaller profit targets
├─ Tighter stops work well
├─ More frequent trading
└─ Lower risk per trade
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⚠️ IMPORTANT DISCLAIMERS & WARNINGS
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⚠️ NOT FINANCIAL ADVICE
This indicator is for EDUCATIONAL PURPOSES ONLY. I am not a financial advisor. All trading decisions are your own responsibility. Consult with a licensed financial professional before making investment decisions.
⚠️ SUPERTREND LIMITATIONS
SuperTrend is a LAGGING indicator based on past price action. It works best in TRENDING markets and performs poorly in RANGING/CHOPPY markets. No indicator is perfect or works 100% of the time.
⚠️ RISK OF LOSS
All trading and investing carries substantial risk of loss. You can lose some or all of your invested capital. Never trade with money you cannot afford to lose. Never invest money needed for living expenses.
⚠️ PAST PERFORMANCE ≠ FUTURE RESULTS
Historical backtests and past performance do not guarantee future results. Market conditions change. What worked yesterday may not work tomorrow.
⚠️ NO GUARANTEE OF PROFITS
This indicator does NOT guarantee profits. Losing trades WILL happen. Losing streaks WILL happen. Drawdowns WILL happen. This is normal in trading.
⚠️ USE PROPER RISK MANAGEMENT
Always use stop losses. Never risk more than 1-2% of your account per trade. Never over-leverage. Never trade on emotion. Follow your trading plan.
⚠️ NEWS EVENTS OVERRIDE TECHNICALS
Major news events (FOMC, NFP, earnings, geopolitical events) can cause sudden price moves that invalidate all technical analysis. Avoid trading around scheduled high-impact news.
⚠️ REQUIRES SKILL AND EXPERIENCE
This indicator is a TOOL, not a magic money machine. It requires:
├─ Understanding of market dynamics
├─ Proper risk management
├─ Emotional discipline
├─ Trading plan and strategy
└─ Practice and experience
⚠️ TEST BEFORE LIVE TRADING
ALWAYS backtest thoroughly on your specific instruments and timeframes. ALWAYS paper trade for at least 2-4 weeks before risking real money. Never skip this step!
⚠️ SLIPPAGE AND COMMISSIONS
Real-world trading includes:
├─ Broker commissions and fees
├─ Spread costs (especially in forex)
├─ Slippage on entries and exits
├─ Overnight holding costs (swap/interest)
└─ These reduce your actual profits significantly
⚠️ MARKET CONDITIONS MATTER
This indicator works best when:
✅ Markets are trending (bull or bear)
✅ Sufficient liquidity exists
✅ No major news events happening
✅ Normal market hours (not pre/post market)
This indicator works POORLY when:
❌ Markets are ranging/choppy
❌ Low liquidity (holidays, off-hours)
❌ During major news events
❌ Extreme volatility (flash crashes)
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❓ FREQUENTLY ASKED QUESTIONS (FAQ)
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Q: What timeframe should I use for my chart?
A: It depends on your trading style:
├─ Scalping: 1-minute or 5-minute
├─ Day Trading: 5-minute or 15-minute
├─ Swing Trading: 1-hour or 4-hour
└─ Position Trading: Daily or Weekly
Q: Can I change the 5 timeframes to whatever I want?
A: YES! Fully customizable. Choose any timeframes that fit your strategy.
Q: How many trades should I expect per day?
A: Depends on your settings and market conditions:
├─ Conservative (5/5 consensus): 0-2 trades per day
├─ Balanced (4/5 consensus): 1-3 trades per day
└─ Aggressive (3/5 consensus): 2-6 trades per day
Q: Does this work on all markets?
A: Yes! Stocks, Forex, Crypto, Futures, Commodities, Indices. Any market with price and volume data.
Q: What's the best consensus threshold?
A: 4 out of 5 is the sweet spot for most traders. It's strict enough to filter bad trades but not so strict that you miss good opportunities.
Q: Can I use this for automated trading?
A: This is an indicator, not a strategy. You can create a strategy based on it for automated trading, but you'll need to convert it to a strategy script.
Q: Does it repaint?
A: NO! This indicator does NOT repaint. All calculations are based on closed candles and historical data that doesn't change.
Q: What if only one higher timeframe is bearish but all others are bullish?
A: Check WHICH timeframe is bearish:
├─ If it's the Daily or Weekly: Be cautious, use tighter stops
├─ If it's a lower timeframe: Less concerning, can still trade
└─ Higher timeframe trends are MORE important
Q: Can I use this with other indicators?
A: Absolutely! Combines great with:
├─ RSI (momentum confirmation)
├─ Volume indicators (confirmation)
├─ Support/Resistance levels (entry points)
├─ MACD (trend strength)
└─ Moving Averages (additional trend filter)
Q: How do I backtest this?
A: You'll need to manually review historical price action or create a strategy version of this indicator for automated backtesting.
Q: What's the win rate with this indicator?
A: Varies by market, timeframe, and your trading skill:
├─ Conservative settings: 60-75%
├─ Balanced settings: 55-65%
└─ Aggressive settings: 50-60%
Remember: Win rate isn't everything! A 40% win rate with 1:3 R:R is profitable.
Q: Can I use this on mobile?
A: Yes! Works on TradingView mobile app. For best visibility, use "Large" text size in settings.
Q: Is this free?
A: Yes! Completely free and open source. No hidden fees or subscriptions.
Q: Can I modify the code?
A: Yes! It's open source. Feel free to customize it for your needs.
Q: Will you add more features?
A: Yes! Planned updates include:
├─ Support for 7 timeframes
├─ Individual SuperTrend settings per timeframe
├─ Trend strength meter
├─ Historical consensus tracking
└─ Mobile-optimized compact view
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💬 SUPPORT, FEEDBACK & COMMUNITY
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🙏 SHOW YOUR SUPPORT:
👍 BOOST this indicator if you find it valuable!
├─ Helps other traders discover it
├─ Shows appreciation for the work
└─ Takes 2 seconds, means a lot!
👤 FOLLOW me for:
├─ Updates and bug fixes
├─ New indicators and strategies
├─ Trading tips and education
└─ Live market analysis
⭐ LEAVE A RATING & REVIEW
├─ Share your honest experience
├─ Help others decide if it's right for them
└─ Constructive feedback helps me improve
💬 COMMENT BELOW WITH:
Questions:
├─ I respond to every comment!
├─ Ask about settings, strategies, or anything else
└─ Help others by sharing your knowledge
Your Results:
├─ Share your winning trades (screenshots welcome!)
├─ Post your backtesting results
├─ Discuss what settings work for your market
└─ Build a community of successful traders
Feature Requests:
├─ What would make this indicator better?
├─ What features are you missing?
├─ What other indicators should I build?
└─ Your feedback shapes future updates
Bug Reports:
├─ Found a bug? Let me know immediately
├─ Describe the issue in detail
├─ Include screenshot if possible
└─ I'll fix it ASAP
📊 SHARE YOUR RESULTS:
├─ Post your charts using this indicator
├─ Tag me so I can see them
├─ Inspire other traders
└─ Build your trading reputation
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔄 VERSION HISTORY & UPDATES
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🆕 VERSION 1.0 - INITIAL RELEASE (Current)
Features:
├─ Multi-timeframe dashboard (5 customizable timeframes)
├─ Trend consensus meter (shows X/5 alignment)
├─ Fully customizable SuperTrend settings
├─ 9 dashboard positions (place anywhere on chart)
├─ 3 text sizes (Small, Normal, Large)
├─ Custom bullish/bearish colors
├─ Buy/sell signal arrows on current chart
├─ Main SuperTrend line with color changes
├─ Smart alert system (4 alert types)
├─ Customizable consensus threshold
├─ Optional background coloring
├─ Clean, professional design
└─ Comprehensive documentation
📋 PLANNED FOR VERSION 2.0:
├─ Support for 7 timeframes (up from 5)
├─ Individual SuperTrend settings per timeframe
├─ Trend strength indicator (strong/weak/neutral)
├─ Historical consensus tracking (see past alignments)
├─ Mobile-optimized compact view
├─ Additional alert conditions
├─ Performance statistics table
├─ Win rate tracker
└─ Community-requested features
🗓️ UPDATE SCHEDULE:
├─ Bug fixes: Within 24-48 hours
├─ Minor updates: Monthly
├─ Major updates: Quarterly
└─ Follow me to get notified!
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🎓 ADDITIONAL RESOURCES & LEARNING
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📚 RECOMMENDED READING:
├─ "Trading in the Zone" by Mark Douglas (psychology)
├─ "Market Wizards" by Jack Schwager (interviews with pros)
├─ "Technical Analysis of Financial Markets" by John Murphy
└─ "The New Trading for a Living" by Dr. Alexander Elder
🎥 LEARN MORE ABOUT:
├─ Multi-timeframe analysis fundamentals
├─ SuperTrend indicator mechanics
├─ Risk management and position sizing
├─ Trading psychology and discipline
└─ TradingView tutorials and features
🔗 USEFUL LINKS:
├─ TradingView Education Center
├─ Pine Script documentation
├─ Trading communities and forums
└─ Risk management calculators
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📜 LICENSE & TERMS OF USE
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© 2024 zakaria safri - All Rights Reserved
📄 LICENSE: MIT License (Open Source)
You are FREE to:
✅ Use this indicator for personal trading
✅ Modify and customize for your own needs
✅ Share with other traders (with credit)
✅ Learn from and study the code
✅ Incorporate into your own projects
You MUST:
⚠️ Keep the copyright notice intact
⚠️ Provide attribution if sharing publicly
⚠️ Not claim this as your own original work
⚠️ Not sell this indicator for profit
🚫 DISCLAIMER:
This indicator is provided "AS IS" for EDUCATIONAL PURPOSES ONLY.
The creator assumes NO responsibility or liability for:
├─ Any financial losses incurred from using this indicator
├─ Trading decisions made based on this indicator
├─ Bugs, errors, or inaccuracies in the code
├─ Any damages, direct or indirect, from using this tool
All trading carries significant risk of loss. Past performance does not guarantee future results. You are solely responsible for your own trading decisions.
This is NOT financial advice. Always consult with a qualified financial advisor before making investment decisions.
USE AT YOUR OWN RISK.
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🎯 READY TO START TRADING SMARTER?
1. Add this indicator to your chart
2. Customize the 5 timeframes for your style
3. Set up alerts for high-probability setups
4. Backtest on your favorite instruments
5. Paper trade until consistently profitable
6. Go live with proper risk management
Remember: This indicator is a TOOL. Your success depends on:
├─ Proper risk management (1-2% per trade max)
├─ Trading discipline (follow your plan)
├─ Emotional control (no revenge trading)
├─ Continuous learning and improvement
└─ Patience and persistence
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💚 THANK YOU FOR USING MULTI-TIMEFRAME SUPERTREND PRO!
If this indicator helps your trading, please:
👍 BOOST it
👤 FOLLOW me
💬 COMMENT with your results
⭐ RATE and REVIEW
Happy Trading! May your trends be strong and your profits consistent! 🚀📈
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🏷️ KEYWORDS: Multi-Timeframe Analysis, SuperTrend, MTF Indicator, Trend Following, Dashboard, Day Trading, Swing Trading, Scalping, Forex, Stocks, Crypto, Futures, Technical Analysis, Trading Indicator, TradingView, Pine Script, Trend Consensus, Buy Sell Signals, Trading Dashboard, Professional Trading, Beginner Friendly
Squeeze Hour Frequency [CHE]Squeeze Hour Frequency (ATR-PR) — Standalone — Tracks daily squeeze occurrences by hour to reveal time-based volatility patterns
Summary
This indicator identifies periods of unusually low volatility, defined as squeezes, and tallies their frequency across each hour of the day over historical trading sessions. By aggregating counts into a sortable table, it helps users spot hours prone to these conditions, enabling better scheduling of trading activity to avoid or target specific intraday regimes. Signals gain robustness through percentile-based detection that adapts to recent volatility history, differing from fixed-threshold methods by focusing on relative lowness rather than absolute levels, which reduces false positives in varying market environments.
Motivation: Why this design?
Traders often face uneven intraday volatility, with certain hours showing clustered low-activity phases that precede or follow breakouts, leading to mistimed entries or overlooked calm periods. The core idea of hourly squeeze frequency addresses this by binning low-volatility events into 24 hourly slots and counting distinct daily occurrences, providing a historical profile of when squeezes cluster. This reveals time-of-day biases without relying on real-time alerts, allowing proactive adjustments to session focus.
What’s different vs. standard approaches?
- Reference baseline: Classical volatility tools like simple moving average crossovers or fixed ATR thresholds, which flag squeezes uniformly across the day.
- Architecture differences:
- Uses persistent arrays to track one squeeze per hour per day, preventing overcounting within sessions.
- Employs custom sorting on ratio arrays for dynamic table display, prioritizing top or bottom performers.
- Handles timezones explicitly to ensure consistent binning across global assets.
- Practical effect: Charts show a persistent table ranking hours by squeeze share, making intraday patterns immediately visible—such as a top hour capturing over 20 percent of total events—unlike static overlays that ignore temporal distribution, which matters for avoiding low-liquidity traps in crypto or forex.
How it works (technical)
The indicator first computes a rolling volatility measure over a specified lookback period. It then derives a relative ranking of the current value against recent history within a window of bars. A squeeze is flagged when this ranking falls below a user-defined cutoff, indicating the value is among the lowest in the recent sample.
On each bar, the local hour is extracted using the selected timezone. If a squeeze occurs and the bar has price data, the count for that hour increments only if no prior mark exists for the current day, using a persistent array to store the last marked day per hour. This ensures one tally per unique trading day per slot.
At the final bar, arrays compile counts and ratios for all 24 hours, where the ratio represents each hour's share of total squeezes observed. These are sorted ascending or descending based on display mode, and the top or bottom subset populates the table. Background shading highlights live squeezes in red for visual confirmation. Initialization uses zero-filled arrays for counts and negative seeds for day tracking, with state persisting across bars via variable declarations.
No higher timeframe data is pulled, so there is no repaint risk from external fetches; all logic runs on confirmed bars.
Parameter Guide
ATR Length — Controls the lookback for the volatility measure, influencing sensitivity to short-term fluctuations; shorter values increase responsiveness but add noise, longer ones smooth for stability — Default: 14 — Trade-offs/Tips: Use 10-20 for intraday charts to balance quick detection with fewer false squeezes; test on historical data to avoid over-smoothing in trending markets.
Percentile Window (bars) — Sets the history depth for ranking the current volatility value, affecting how "low" is defined relative to past; wider windows emphasize long-term norms — Default: 252 — Trade-offs/Tips: 100-300 bars suit daily cycles; narrower for fast assets like crypto to catch recent regimes, but risks instability in sparse data.
Squeeze threshold (PR < x) — Defines the cutoff for flagging low relative volatility, where values below this mark a squeeze; lower thresholds tighten detection for rarer events — Default: 10.0 — Trade-offs/Tips: 5-15 percent for conservative signals reducing false positives; raise to 20 for more frequent highlights in high-vol environments, monitoring for increased noise.
Timezone — Specifies the reference for hourly binning, ensuring alignment with market sessions — Default: Exchange — Trade-offs/Tips: Set to "America/New_York" for US assets; mismatches can skew counts, so verify against chart timezone.
Show Table — Toggles the results display, essential for reviewing frequencies — Default: true — Trade-offs/Tips: Disable on mobile for performance; pair with position tweaks for clean overlays.
Pos — Places the table on the chart pane — Default: Top Right — Trade-offs/Tips: Bottom Left avoids candle occlusion on volatile charts.
Font — Adjusts text readability in the table — Default: normal — Trade-offs/Tips: Tiny for dense views, large for emphasis on key hours.
Dark — Applies high-contrast colors for visibility — Default: true — Trade-offs/Tips: Toggle false in light themes to prevent washout.
Display — Filters table rows to focus on extremes or full list — Default: All — Trade-offs/Tips: Top 3 for quick scans of risky hours; Bottom 3 highlights safe low-squeeze periods.
Reading & Interpretation
Red background shading appears on bars meeting the squeeze condition, signaling current low relative volatility. The table lists hours as "H0" to "H23", with columns for daily squeeze counts, percentage share of total squeezes (summing to 100 percent across hours), and an arrow marker on the top hour. A summary row above details the peak count, its share, and the leading hour. A label at the last bar recaps total days observed, data-valid days, and top hour stats. Rising shares indicate clustering, suggesting regime persistence in that slot.
Practical Workflows & Combinations
- Trend following: Scan for hours with low squeeze shares to enter during stable regimes; confirm with higher highs or lower lows on the 15-minute chart, avoiding top-share hours post-news like tariff announcements.
- Exits/Stops: Tighten stops in high-share hours to guard against sudden vol spikes; use the table to shift to conservative sizing outside peak squeeze times.
- Multi-asset/Multi-TF: Defaults work across crypto pairs on 5-60 minute timeframes; for stocks, widen percentile window to 500 bars. Combine with volume oscillators—enter only if squeeze count is below average for the asset.
Behavior, Constraints & Performance
Logic executes on closed bars, with live bars updating counts provisionally but finalizing on confirmation; table refreshes only at the last bar, avoiding intrabar flicker. No security calls or higher timeframes, so no repaint from external data. Resources include a 5000-bar history limit, loops up to 24 iterations for sorting and totals, and arrays sized to 24 elements; labels and table are capped at 500 each for efficiency. Known limits: Skips hours without bars (e.g., weekends), assumes uniform data availability, and may undercount in sparse sessions; timezone shifts can alter profiles without warning.
Sensible Defaults & Quick Tuning
Start with ATR Length at 14, Percentile Window at 252, and threshold at 10.0 for broad crypto use. If too many squeezes flag (noisy table), raise threshold to 15.0 and narrow window to 100 for stricter relative lowness. For sluggish detection in calm markets, drop ATR Length to 10 and threshold to 5.0 to capture subtler dips. In high-vol assets, widen window to 500 and threshold to 20.0 for stability.
What this indicator is—and isn’t
This is a historical frequency tracker and visualization layer for intraday volatility patterns, best as a filter in multi-tool setups. It is not a standalone signal generator, predictive model, or risk manager—pair it with price action, news filters, and position sizing rules.
Disclaimer
The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context.
Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved.
By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk.
Do not use this indicator on Heikin-Ashi, Renko, Kagi, Point-and-Figure, or Range charts, as these chart types can produce unrealistic results for signal markers and alerts.
Best regards and happy trading
Chervolino
Thanks to Duyck
for the ma sorter
Total Points Range by exp3rtsThis indicator measures and displays the true intraday movement of a market by approximating tick-level activity using 1-second data aggregation. Instead of only looking at net candle movement, it sums every price change during a session, giving traders a more accurate picture of market effort and volatility.
Total Points Moved (TPM) – Captures the full distance traveled by price, not just the net gain/loss.
Bullish vs. Bearish Movement – Separates upward and downward moves so you can see who dominated the session.
Custom Sessions – Define your own session start/end times and time zone for precise tracking.
End-of-Session Summary – Automatically plots a label at session completion with totals for TPM, bullish, and bearish movement.
Visual Session Highlighting – Background shading makes it easy to see when the chosen session is active.
This tool is useful for:
Understanding the true effort vs. result of price movement
Comparing volatility across sessions
Identifying whether bulls or bears contributed more to market swings
Supporting order flow and tick-based trading strategies
TPO Levels [VAH/POC/VAL] with Poor H/L, Single Prints & NPOCs### 🎯 Advanced Market Profile & Key Level Analysis
This script is a unique and comprehensive technical analysis tool designed to help traders understand market structure, value, and key liquidity levels using the principles of **Auction Market Theory** and **Market Profile**.
This script is unique (and shouldn't be censored) because :
It allows large history of levels to be displayed
Accurate as possible tick size
Doesn't draw a profile but only the actual levels
Supports multi-timeframe levels even on the daily mode giving macro context
There is no indicator out there that does it
While these concepts are universal, this indicator was built primarily for the dynamic, 24/7 nature of the **cryptocurrency market**. It helps you move beyond simple price action to understand *why* the market is moving, which is especially crucial in the volatile crypto space.
### ## 📊 The Concepts Behind the Calculations
To use this script effectively, it's important to understand the core concepts it is built upon. The entire script is self-contained and does not require other indicators.
* **What is Market Profile?**
Market Profile is a unique charting technique that organizes price and time data to reveal market structure. It's built from **Time Price Opportunities (TPOs)**, which are 30-minute periods of market activity. By stacking these TPOs, the script builds a distribution, showing which price levels were most accepted (heavily traded) and which were rejected (lightly traded) during a session.
* **What is the Value Area (VA)?**
The Value Area is the heart of the profile. It represents the price range where **70%** of the session's trading volume occurred. This is considered the "fair value" zone where both buyers and sellers were in general agreement.
* **Point of Control (POC):** The single price level with the most TPOs. This was the most accepted or "fairest" price of the session and acts as a gravitational line for price.
* **Value Area High (VAH):** The upper boundary of the 70% value zone.
* **Value Area Low (VAL):** The lower boundary of the 70% value zone.
VAH and VAL are dynamic support and resistance levels. Trading outside the previous session's value area can signal the start of a new trend.
***
### ## 📈 Key Features Explained
This script automatically calculates and displays the following critical market-generated information:
* **Multi-Timeframe Market Profile**
Automatically draws Daily, Weekly, and Monthly profiles, allowing you to analyze market structure across different time horizons. The script preserves up to 20 historical sessions to provide deep market context.
* **Naked Point of Control (nPOC)**
A "Naked" POC is a Point of Control from a previous session that has **not** been revisited by price. These levels often act as powerful magnets for price, representing areas of unfinished business that the market may seek to retest. The script tracks and displays Daily, Weekly, and Monthly nPOCs until they are touched.
* **Single Prints (Imbalance Zones)**
A Single Print is a price level where only one TPO traded during the session's development. This signifies a rapid, aggressive price move and an imbalanced market. These areas, like gaps in a traditional chart, are frequently revisited as the market seeks to "fill in" these thin parts of the profile.
* **Poor Structure (Unfinished Auctions)**
A **Poor High** or **Poor Low** occurs when the top or bottom of a profile is flat, with two or more TPOs at the extreme price. This suggests that the auction in that direction was weak and inconclusive. These weak structures often signal a high probability that price will eventually break that high or low.
***
### ## 💡 How to Use This Indicator
This tool is not a signal generator but an analytical framework to improve your trading decisions.
1. **Determine Market Context:** Start by asking: Is the current price trading *inside* or *outside* the previous session's Value Area?
* **Inside VA:** The market is in a state of balance or range-bound. Look for trades between the VAH and VAL.
* **Outside VA:** The market is in a state of imbalance and may be starting a trend. Look for continuation or acceptance of prices outside the prior value.
2. **Identify Key Levels:**
* Use historical **nPOCs** as potential profit targets or areas to watch for a price reaction.
* Treat historical **VAH** and **VAL** levels as significant support and resistance zones.
* Note where **Single Prints** are. These are often price magnets that may get "filled" in the future.
3. **Spot Weakness:**
* A **Poor High** suggests weak resistance that may be easily broken.
* A **Poor Low** suggests weak support, signaling a potential for a continued move lower if broken.
***
### ## ⚙️ Customization & Crypto Presets
The indicator is highly customizable, allowing you to change colors, transparency, the number of historical sessions, and more.
To help traders get started quickly, the indicator includes **built-in layout presets** specifically calibrated for major cryptocurrencies: ** BINANCE:BTCUSDT.P , BINANCE:ETHUSDT.P , and BINANCE:SOLUSDT.P **. These presets automatically adjust key visual parameters to better suit the unique price characteristics and volatility of each asset, providing an optimized view right out of the box.
***
### ## ⚠️ Disclaimer
This indicator is a tool for market analysis and should not be interpreted as direct buy or sell signals. It provides information based on historical price action, which does not guarantee future results. Trading involves significant risk, and you should always use proper risk management. This script is designed for use on standard chart types (e.g., Candlesticks, Bar) and may produce misleading information on non-standard charts.
Market Opening Time### TradingView Pine Script "Market Opening Time" Explanation
This Pine Script (`@version=5`) is an indicator that visually highlights market trading sessions (Sydney, London, New York, etc.) by changing the chart's background color. It adjusts for U.S. and Australian Daylight Saving Time (DST).
---
#### **1. Overview**
- **Purpose**: Changes the chart's background color based on UTC time zones to highlight market sessions.
- **Features**:
- Automatically adjusts for U.S. DST (2nd Sunday of March to 1st Sunday of November) and Australian DST (1st Sunday of October to 1st Sunday of April).
- Assigns colors to four time zones (00:00, 06:30, 14:00, 21:00).
- **Use Case**: Helps forex/stock traders identify active market sessions.
---
#### **2. Key Logic**
- **DST Detection**:
- `f_isUSDst`: Checks U.S. DST status.
- `f_isAustraliaDst`: Checks Australian DST status.
- **Time Adjustment** (`f_getAdjustedTime`):
- U.S. DST off: Shifts `time3` (14:00) forward by 1 hour.
- Australian DST off: Shifts `time4` (21:00) forward by 1 hour.
- **Time Conversion** (`f_timeToMinutes`): Converts time (e.g., "14:00") to minutes (e.g., 840).
- **Current Time** (`f_currentTimeInMinutes`): Gets UTC time in minutes.
- **Background Color** (`f_getBackgroundColor`):
- Applies colors based on time ranges:
- 00:00–06:30: Orange (Asia)
- 06:30–14:00: Purple (London)
- 14:00–21:00: Blue (New York, DST-adjusted)
- 21:00–00:00: Red (Sydney, DST-adjusted)
- Outside ranges: Gray
---
#### **3. Settings**
- **Time Zones**:
- `time1` = 00:00 (Orange)
- `time2` = 06:30 (Purple)
- `time3` = 14:00 (Blue, DST-adjusted)
- `time4` = 21:00 (Red, DST-adjusted)
- **Colors**: Transparency set to 90 for visibility.
---
#### **4. Example**
- **September 5, 2025, 10:25 PM JST (13:25 UTC)**:
- U.S. DST active, Australian DST inactive.
- 13:25 UTC falls between `time2` (06:30) and `time3` (14:00) → Background is **Purple** (London session).
- **Effect**: Background color changes dynamically to reflect active sessions.
---
#### **5. Customization**
- Modify `time1`–`time4` or colors for different sessions.
- Add time zones for other markets (e.g., Tokyo).
---
#### **6. Notes**
- Uses UTC; ensure chart is set to UTC.
- DST rules are U.S./Australia-specific; verify for other regions.
A simple, visual tool for tracking market sessions.
----
### TradingView Pine Script「Market Opening Time」解説
このPine Script（`@version=5`）は、市場の取引時間帯（シドニー、ロンドン、ニューヨークなど）を背景色で視覚化するインジケーターです。米国とオーストラリアの夏時間（DST）を考慮し、時間帯を調整します。
---
#### **1. 概要**
- **目的**: UTC基準の時間帯に基づき、チャートの背景色を変更して市場セッションを強調。
- **機能**:
- 米国DST（3月第2日曜～11月第1日曜）とオーストラリアDST（10月第1日曜～4月第1日曜）を自動調整。
- 4つの時間帯（00:00、06:30、14:00、21:00）に色を割り当て。
- **用途**: FXや株式トレーダーが市場のアクティブ時間を把握。
---
#### **2. 主要ロジック**
- **DST判定**:
- `f_isUSDst`: 米国DSTを判定。
- `f_isAustraliaDst`: オーストラリアDSTを判定。
- **時間調整** (`f_getAdjustedTime`):
- 米国DST非適用時: `time3`（14:00）を1時間遅延。
- オーストラリアDST非適用時: `time4`（21:00）を1時間遅延。
- **時間変換** (`f_timeToMinutes`): 時間（例: "14:00"）を分単位（840）に変換。
- **現在時刻** (`f_currentTimeInMinutes`): UTCの現在時刻を分単位で取得。
- **背景色** (`f_getBackgroundColor`):
- 時間帯に応じた色を適用:
- 00:00～06:30: オレンジ（アジア）
- 06:30～14:00: 紫（ロンドン）
- 14:00～21:00: 青（ニューヨーク、DST調整）
- 21:00～00:00: 赤（シドニー、DST調整）
- 時間外: グレー
---
#### **3. 設定**
- **時間帯**:
- `time1` = 00:00（オレンジ）
- `time2` = 06:30（紫）
- `time3` = 14:00（青、DST調整）
- `time4` = 21:00（赤、DST調整）
- **色**: 透明度90で視認性確保。
---
#### **4. 使用例**
- **2025年9月5日22:25 JST（13:25 UTC）**:
- 米国DST適用、豪DST非適用。
- 13:25は`time2`（06:30）～`time3`（14:00）の間 → 背景色は**紫**（ロンドン）。
- **効果**: 時間帯に応じて背景色が変化し、市場セッションを直感的に把握。
---
#### **5. カスタマイズ**
- 時間帯（`time1`～`time4`）や色を変更可能。
- 他の市場（例: 東京）に対応する時間帯を追加可能。
---
#### **6. 注意点**
- UTC基準のため、チャート設定をUTCに。
- DSTルールは米国・オーストラリア準拠。他地域では要確認。
シンプルで視覚的な市場時間インジケーターです。
Time Based Range CandleThis indicator creates a visual candle representation from price action during a specified time period.
Key Features:
Configurable Sessions: Set any calculation period (when range is measured) and display period (when visualization appears)
Candle Visualization: Draws a large candle showing open, close, high, low with proper body coloring
Wick/Tail Analysis: Displays wicks and tails with quarter-level subdivisions based on candle type (bullish vs bearish)
End Marker: Vertical line marks exactly when the calculation period ends
Quarter Lines: Optional dotted/dashed lines showing 25%, 50%, 75% levels within body, wicks, and tails
Common Use Cases:
Overnight range analysis (18:00 - 6:00 ET) displayed during regular hours
Session-based range trading (Asian, London, NY sessions)
Custom time period analysis for any market
The indicator follows proper candle terminology where wicks and tails are measured differently for bullish vs bearish candles, making it useful for precise level analysis and range trading strategies.
X Opens+Overview:
The X Opens+ indicator is a precision tool designed for traders seeking to analyze market structure and behavior around key timeframe opens. It highlights the open prices of custom-selected higher timeframes—such as daily, weekly, or monthly sessions—and visualizes them directly on lower timeframes. These open levels often coincide with high-volume zones, market imbalance, and institutional interest, making them powerful reference points for intraday and swing trading strategies.
Key Features:
Custom Timeframe Anchoring: Users can select any timeframe (e.g., daily, 4H, 1W) to display its current and previous session opens directly on their active chart. This allows for flexible multi-timeframe analysis within a single view.
Price Reaction Zones: Timeframe opens are frequently areas of heightened liquidity and directional bias. By identifying these opens and their relationship to current price action, traders can anticipate areas of support/resistance, trend continuation, or reversal.
Derived Midpoints and Ranges: The indicator also computes and displays the previous session’s range midpoint (EQ), as well as extension bands (e.g., ±1.0x or ±1.5x the prior range). These levels are useful for contextualizing volatility expansion and identifying breakout or fade setups around key open zones.
Historical Session Mapping: In addition to live opens, the tool optionally displays opens and range-based levels from previous sessions. This historical layering gives traders a broader context of how price has respected or rejected these levels over time.
Labeling and Customization: Each level can be labeled and color-coded to match user preferences. The visibility, size, and style of each element (e.g., lines, labels, bands) are fully configurable for visual clarity and user alignment.
Use Cases:
Confirming bias around daily or weekly opens, especially during market opens or key economic releases.
Identifying equilibrium levels for mean reversion or continuation setups.
Using ±1.0 and ±1.5 range projections as dynamic targets or invalidation zones.
Anchoring to key sessions for volume profile or order flow-based strategies.
Summary:
X Opens+ is a data-driven utility that transforms static session opens into dynamic market tools. By spotlighting where institutional interest likely concentrates—at the opens of significant timeframes—this indicator provides traders with a structural edge in identifying key zones that influence price behavior throughout the trading day or week
