Orders Blocks [TK]This indicator draw only valid orders blocks on your 1 minute Chart
An order block is created when :
A bullish candle engulf a previous bearish candle
A bearish candle engulf a previous bullish candle
Once the order block is created, a zone is stretched to the actual bar
If the price goes into the order block zone, the zone is reduced accordingly
If the price cross the order block zone, the order block and its zone are deleted
This way, you will have on your screen only the orders blocks nevers crossed
You can choose the color of the bearish and of the bullish order block zone in the settings
NB :
Order block older that 5000 bars are deleted
This indicator works only in the 1 minute timeframe
SMC
SMM - MTF S/D Zones & TrendwatcherHello Traders,
Introducing the SMM - MTF S/D Zones & Trendwatcher, a powerful tool designed to make your trading easier and eliminate guesswork. Our goal is to save you time by automatically marking up the chart with key points of interest.
Our newest tool combines multiple time frames (MTF) to provide a comprehensive view of supply and demand zones, and includes a trendwatcher that tracks the trend of the input timeframes.
The indicator is based on calculations of supply and demand zones, providing valuable insights for traders looking to make informed decisions about buying and selling. With its MTF functionality, the SMM - MTF S/D Zones & Trendwatcher is a valuable tool for any trader looking to stay on top of the market.
Features Version 1.1
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-- MTF S/D Zones
Our indicator includes three adjustable supply and demand zones, which can be set to a desired higher timeframe.
Each zone includes options for:
- Extending the boxes.
- Show the 50% mitigation line.
- Let a zone disappear, change color, or do nothing.
- Option to plot/show the zones on the chart.
-- Trendwatcher
A convenient table that provides a quick overview of the trends of the set supply and demand.
You can configure the Trendwatcher the following ways:
- Option enable/disable the S/D trends to show in the table.
- Trendwatcher location on the chart.
- Trendwatcher size.
ICT Killzones [LuxAlgo]This script highlights ICT Killzones on the chart along with Fibonacci retracements constructed from each Killzone's price range, allowing traders to find more optimal entries.
Settings
Killzone Retracements
Show Retracements: Determines whether Fibonacci retracements are displayed on the chart.
Extend: Determines if the retracements are extended outside the Killzone.
Reverse: Switches the maximum and minimum levels for the calculation of the retracements.
Other settings allow disabling as well as changing the retracement value and color.
Usage
Killzones are introduced by forex trader ICT and represent different time intervals that aims at offering optimal trade entries. Killzones include:
New York Killzone (7:9 ET)
London Open Killzone (2:5 ET)
London Close Killzone (10:12 ET)
Asian Killzone (20:00 ET)
Note that using timeframes superior to 1h can highlight incorrect intervals
Fibonacci retracements on an active Killzone are subject to changes, if no Killzones are active then the associated Fibonacci retracements will stay at their current level.
Disabling specific Killzones while having extended retracements will allow them to extend further. In the image above the New York and Asian Killzones are disabled.
ICT SM Trades PREMIUMIndicator looks for ICT & Smart Money trades on any timeframe. These types of trades reveal how the big institutions, banks and hedge funds trade with big money. If they want their very big positions to be filled they need to find areas in chart where the majority of the money is sitting. Where is it? Where is the majority of orders placed? Right below supports or right above resistance, these orders are stoplosses or stop orders. So they need to push the price to these areas, take all the available stoplosses and trigger all the available stop orders in order to fill their positions and then push the price to the opposite side to make profit (and retail to lose).
Indicator looks for support or resistance (S/R) areas which are represented by dotted lines. This S/R areas are created by minimum of 2 pivot high/low (H/L). Every pivot H/L that creates the S/R area is marked with diamond label. This S/R area is called liquidity. After liquidity is created, indicator looks for liquidity grab (mostly represented by fast spike to this area - it is labeled with x-cross) and then price should go fast to the opposite side of the created structure. Indicator considers as a created structure everything that was created on the other side of the candles from the oldest pivot H/L which creates particular liquidity. For example, if liquidity is created with 3 pivot highs, indicator looks at the oldest pivot high and from there it is looking for the lowest low. Under this lowest low is dashed line which means that this level should be broken with closed candle. This action is called market structure shift (MSS), when the price shifted very fast from highs to lows. After MSS, when the price went fast to one direction, there were some imbalances in prices, in our example selling pressure was a lot bigger than buying pressure and there were created some long untested bearish candles. This untested areas in candles are called imbalances or gaps of fair value gaps (FVG). These are labeled with rectangles. It is expected that these gaps will be tested in near future to "balance the market".
We can put limit orders into these gaps (or into order blocks in PREMIUM indicator) and await some retracement after MSS to open our positions and after the positions are opened we can expect trend continuation in the direction where market structure shift was made (away from liquidity grab). So stoplosses can be placed above/below liquidity grab candle (marked with x-cross).
Alerts can be set for MSS to Long & Short and for liquidity grabs to Long & Short.
All settings of this indicator should be self-explanatory and most of them have tooltips for better understanding.
Imbalance Detector [LuxAlgo]This indicator detects and highlights market imbalances alongside a dashboard returning information about their frequency of occurrence and their fill percentage. Imbalances included in this script are Fair Value Gaps (FVG), Opening Gaps (OG) and Volume Imbalances (VI).
Alerts are available for the occurrences of all market imbalances.
Settings
Imbalances
Each imbalance has the same settings layout:
Imbalance: Enable/disable the detection of the specific imbalance.
Min Width: If enabled, requires the imbalance area width to be greater than the specified value. This minimum width can be expressed in points, percentages or ATR multiples.
Extend: Extend imbalances by a specified number of bars.
Dashboard
Show Dashboard: Enable/disable the dashboard on the chart.
Dashboard Location: Location of the dashboard on the chart.
Dashboard Size: Size of the dashboard.
Usage
Market imbalances are part of the many concepts available to price action traders and highlight areas where there is a disparity between supply and demand.
It is common to see price come back to these areas and traders often use them as supports and resistances but also as targets.
Details
The script can detect three distinct types of imbalances described below.
Fair Value Gaps
Fair Value Gaps (FVG) are three candle formations characterized by a gap between the wicks of the non-adjacent candles in the formation.
A bullish FVG is characterized by a gap between the current price low and the 2 bars anterior price high, and a bearish FVG is characterized by a gap between the current price high and the 2 bars anterior price low.
Opening Gaps
Opening Gaps (OG) are imbalances characterized by non-existent activity within a specific price range.
A bullish OG occurs when the current price low is greater than the previous high, a bearish OG occurs when price high is lower than the previous price low.
Opening Gaps primarily occur in closing markets, as such they are less common in the cryptocurrency market.
Most of the time an Opening Gap will also be accompanied by a Fair Value Gap, in order to avoid clutter the indicator will not detect Fair Value Gaps if Opening Gaps are enabled and if an Opening Gap has been detected
Volume Imbalances
Volume Imbalances (VI) are characterized by a price discontinuity between the opening price and previous close, but unlike Opening Gaps we do not see nonexistent activity within a certain price range.
A bullish VI occur when both the opening and closing prices are superior to the previous closing price, with the current price low overlapping the previous price high. A bearish VI occur when both the opening and closing prices are inferior to the previous closing price, with the current price high overlapping the previous price low.
Because Volume Imbalances can occur excessively on markets with frequent gaps, we make use of an additional condition for filtering out less significant imbalances. Bullish VI's will require the previous price high to be lower than the opening price, while bullish VI's will require the previous price low to be higher than the opening price.
FluidTrades - SMC Lite
Price action and supply and demand is a key strategy use in trading. We wanted it to be easy and efficient for user to identify these zones, so the user can focus less on marking up charts and focus more on executing trades.
This indicator shows you supply and demand zones by using pivot points to show you the recent highs and the recent lows.
Features
This indicator includes some features relevant to SMC , these are highlighted below:
Full internal & swing market structure labeling in real-time
Swing Structure: Displays the swing structure labels & solid lines on the chart (BOS).
Supply & demand ( bullish & bearish )
Swing Points: Displays swing points labels on chart such as HH, HL, LH, LL.
Options to style the indicator to more easily display these concepts
White OB (supply): search for short opportunities
Blue OB (demand): search for long opportunities
Break of structure ( BOS )
For markets to move up and down a break in market structure must occur. A break in market structure occurs when the market begins to shift direction and break the previous HH and HL or HL and LL of the market. We also integrated the feature that you can see the BOS lines. In the indicator settings you can adjust the color of the label.
Settings
SwingHigh/Low Length: Allows the user to select Historical (default) or Present, which displays only recent data on the chart.
Supply/demand box width: Allows user to change the size of the supply and demand box
History to keep: allows the user to select how many most recent supply & demand box appear on the chart.
Visual settings
Show zig zag : allow user to see market patters within the market
Show price action labels: allow user to turn on/off the (swing points)
Supply box color : allow users to change the color of their supply box
Demand box color : allow users to change the color of their supply box
Bos label color : allow users to change the color of their BOS label
Poi label color : allow user to change the color of their POI label
Price action label : allow users to change the color of their swing points labels
Zig zag color : allow users to change the color of the zig/zag market patters
Warning
Never blindly take a trade on a supply/demand box - wait for a proper market structure to occur before considering a trade.
Liquidity Levels MTF - SonarlabThis indicator uses Pivot Points to identify Liquidity Levels in the market. Liquidity Levels are levels in the market where you would expect price to be pulled towards.
Liquidity Levels by Sonarlab also has an option to show Higher Timeframe Liquidity Levels.
Below are the indicators settings:
Liquidity Mitigation Options
The Indicator has options for you to choose what happens to the Liquidity line/boxes once it has been mitigated. Either Keep them on the chart, or remove them.
Display Styles
Choose how the levels are displayed, either with Lines or Boxes.
Set the your Extension options, by keeping the lines/boxes "short" or extend to current price, or maximum to the right
Colors and Styles
Set colors and styles for all lines and boxes
[PlayBit] FVG/EMAThis Indicator was made for the PlayBit Community by @FFriZz
This indicator includes 2 of the most used indicators within the community
1. FVG indicator -- Very minimalistic version seems to be the most used
2. EMA indicator -- Indicator made by using two 200 EMAs one tracking highs and one tracking closes -- to form a 200 EMA Channel
-- The EMA Can be used as a single one on the current chart or there are 5 other options that will allow you to track up to 5 timeframes
higher or lower
----- Options ------
-- FVGs --
1. Ability to keep FVGs on chart when Filled/Mitigated or have them Deleted
2. Setting to Change the border of the FVG when it has been tested
3. Can have the FVGs resize to the untapped area
4. Setting to adjust the number of FVGs that are displayed on Chart at a time
-- EMA --
1. Up to 5 Different timeframes
2. Color Switch if close is above or below EMAs
3. Color Settings
Shout out to the PlayBit Community
for being a great community for Trading and in general!
If anyone finds any bugs Please let me know on here or on PlayBit
or if I removed something in this version you would like to see put back..
Hope you enjoy!
@FFriZz | @FrizLabz
Automatic Closest FVG with BPRFair Value Gaps are a hugely popular concept and because of that there are numerous indicators available. This one however, was designed to automate the process of actually using them in trading.
Designed with lower time frame entries in mind (though will work on HTF just as well), this indicator automatically draws the closest, non-mitigated FVG, to the current price, cutting out the work of looking for what FVG is relevant.
The indicator also has an option to show when the current nearest pair of FVGs form a BPR or 'balanced price range'.
There are various option for what counts as mitigation, including no mitigation at all, and when mitigated an FVG is no longer considered for proximity searching.
Sonarlab - Trendline Liquidity Indicator**This is not a normal Trend Line Indicator**
Most of the concepts we get thought online are to good to be true. Buy and sell off the touch of the trend line and you will be winning! You probably find out already that this ain't the way to trade. Trend lines mostly gets broken and you will be taken out.
he reason behind this is that the trend lines sparks the interests of Institutions. They use those area's to stop people out and use them as fuel for their positions: Liquidity.
TLL: Trend Line Liquidity
Lets show you an example on how to use these TLL markings 👇
In this example above we can see a beautiful example of the TLL indicator mapping out the TLL. The Imbalance Indicator shows us with the BPR (balanced price range) there is a sign of going short. The other confluence we can add is the TLL, which price likes to clear in these situations.
In this other example we also see two TLL resting on top. We see that price tried to break the SL (swing low), but the fake out detection showed us this was a grab on liquidity. After that we can see that on the LTF we get a displacement and we can assume that price is going to target the TLL.
Another example where price cleared the TLL and used is a targets.
This indicator will map the Trend Line Liquidity for you, so you are more aware of the liquidity that is resting around you. The Indicator has the following inputs:
Sensitivity A lower sensitivity create smaller trend lines, where a higher sensitivity creates bigger trend lines.
Display limit : The amount of lines you want the indicator to display
Line type/ text size (styling options)
Smart Money Concepts (SMC) [LuxAlgo]This all-in-one indicator displays real-time market structure (internal & swing BOS / CHoCH), order blocks, premium & discount zones, equal highs & lows, and much more...allowing traders to automatically mark up their charts with widely used price action methodologies. Following the release of our Fair Value Gap script, we received numerous requests from our community to release more features in the same category.
"Smart Money Concepts" (SMC) is a fairly new yet widely used term amongst price action traders looking to more accurately navigate liquidity & find more optimal points of interest in the market. Trying to determine where institutional market participants have orders placed (buy or sell side liquidity) can be a very reasonable approach to finding more practical entries & exits based on price action.
The indicator includes alerts for the presence of swing structures and many other relevant conditions.
Features
This indicator includes many features relevant to SMC, these are highlighted below:
Full internal & swing market structure labeling in real-time
Break of Structure (BOS)
Change of Character (CHoCH)
Order Blocks (bullish & bearish)
Equal Highs & Lows
Fair Value Gap Detection
Previous Highs & Lows
Premium & Discount Zones as a range
Options to style the indicator to more easily display these concepts
Settings
Mode: Allows the user to select Historical (default) or Present, which displays only recent data on the chart.
Style: Allows the user to select different styling for the entire indicator between Colored (default) and Monochrome.
Color Candles: Plots candles based on the internal & swing structures from within the indicator on the chart.
Internal Structure: Displays the internal structure labels & dashed lines to represent them. (BOS & CHoCH).
Confluence Filter: Filter non-significant internal structure breakouts.
Swing Structure: Displays the swing structure labels & solid lines on the chart (larger BOS & CHoCH labels).
Swing Points: Displays swing points labels on chart such as HH, HL, LH, LL.
Internal Order Blocks: Enables Internal Order Blocks & allows the user to select how many most recent Internal Order Blocks appear on the chart.
Swing Order Blocks: Enables Swing Order Blocks & allows the user to select how many most recent Swing Order Blocks appear on the chart.
Equal Highs & Lows: Displays EQH/EQL labels on chart for detecting equal highs & lows.
Bars Confirmation: Allows the user to select how many bars are needed to confirm an EQH/EQL symbol on chart.
Fair Value Gaps: Displays boxes to highlight imbalance areas on the chart.
Auto Threshold: Filter out non-significant fair value gaps.
Timeframe: Allows the user to select the timeframe for the Fair Value Gap detection.
Extend FVG: Allows the user to choose how many bars to extend the Fair Value Gap boxes on the chart.
Highs & Lows MTF: Allows the user to display previous highs & lows from daily, weekly, & monthly timeframes as significant levels.
Premium/Discount Zones: Allows the user to display Premium, Discount, and Equilibrium zones on the chart
Usage
Users can see automatic CHoCH and BOS labels to highlight breakouts of market structure, which allows to determine the market trend. In the chart below we can see the internal structure which displays more frequent labels within larger structures. We can also see equal highs & lows (EQH/EQL) labels plotted alongside the internal structure to frequently give indications of potential reversals.
In the chart below we can see the swing market structure labels. These are also labeled as BOS and CHoCH but with a solid line & larger text to show larger market structure breakouts & trend reversals. Users can be mindful of these larger structure labels while trading internal structures as displayed in the previous chart.
Order blocks highlight areas where institutional market participants open positions, one can use order blocks to determine confirmation entries or potential targets as we can expect there is a large amount of liquidity at these order blocks. In the chart below we can see 2 potential trade setups with confirmation entries. The path outlined in red would be a potential short entry targeting the blue order block below, and the path outlined in green would be a potential long entry, targeting the red order blocks above.
As we can see in the chart below, the bullish confirmation entry played out in this scenario with the green path outlined in hindsight. As price breaks though the order blocks above, the indicator will consider them mitigated causing them to disappear, and as per the logic of these order blocks they will always display 5 (by default) on the chart so we can now see more actionable levels.
The Smart Money Concepts indicator has many other features and here we can see how they can also help a user find potential levels for price action trading. In the screenshot below we can see a trade setup using the Previous Monthly High, Strong High, and a Swing Order Block as a stop loss. Accompanied by the Premium from the Discount/Premium zones feature being used as a potential entry. A potential take profit level for this trade setup that a user could easily identify would be the 50% mark labeled with the Fair Value Gap & the Equilibrium all displayed automatically by the indicator.
Conclusion
This indicator highlights all relevant components of Smart Money Concepts which can be a very useful interpretation of market structure, liquidity, & more simply put, price action. The term was coined & popularized primarily within the forex community & by ICT while making its way to become a part of many traders' analysis. These concepts, with or without this indicator do not guarantee a trader to be trading within the presence of institutional or "bank-level" liquidity, there is no supporting data regarding the validity of these teachings.
[FriZz]Watermark -- Watermark by FriZz | FrizLabz --
Lets you Customize a watermark how ever you would like
There are 4 Textboxes in the settings window 2 for your inputs
There's 1 with instructions/examples and 1 with Special Characters (there are tons more online)
-- The options you can type into Textbox 1 and 2 --
- Volume
- Open
- Close
- High
- Low
- Ticker [ Chart ticker ]
- Ticker2 [ Optional 2nd ticker that can be set in the settings will also display close ]
- TF
- Day
- Date
- Time
- Session
- SessionTime
-- Important --
These options need to be spelled and Case matched correctly or it will simply just display the word
You can add anything around a word or between two words you would like
If you want a new line simply press [ ENTER/RETURN ] and continue
-- Tooltip --
Tooltip appears when you mouse over the watermark
There are options to change the session times if you need too
The Sessions will be listed on the tooltip with Session times
I think that pretty much covers most of it if you have any questions or suggestions on this or anything else I've made
or if I missed a bug.. feel free to comment or DM me
Enjoy! - FriZz
[FrizLabz]FVG Bar
For those of you that like to keep your charts nice and tidy for your Technical Analysis!
FVG = Fair Value Gap
Fair Value Gaps are when impulse movements create an imbalance in price leaving unfilled orders.. they are popular because after one is created we often observe price return to fill these unfilled orders
3 candles make a FVG
When the high/low of most recent candle is lower/high than the low/high of the bar before last
Similar to my other FVG indicator but this one allows you to delete Filled FVGs and have them adjust when filled
Uses a line whose x1 and x2 are on the FVG bar and adjust the size of the FVG with line width because line width on line.new()s doesnt have a cap on line width like plot()s do
Not much too it I made this because a few people were asking if they could delete the FVG after it was Mitigated and since my other uses plots it wasnt possible
so I hope this works for those who were asking about it
hope you enjoy please let me know if you have an idea or find a bug,
Thank You! -
Automated OHLC OLHC LevelsA simple, clean, effective visualization tool, for the OHLC or OLHC of a chosen candle/timeframe.
Apply this indicator using a higher timeframe, in conjunction with other levels and the directional bias, to easily recognize trading opportunities at lower timeframes.
Automatic Order Block + Imbalance by D. BrigagliaThis script combines automatic orderblock and imbalance tracking.
Bullish OB - Blue
Bullish Imbalance - Green
Bearish OB - Red
Bearish Imbalance - Orange
Please note that the actual definitions of orderblock and imbalance are not respected in this script for the sake of simplicity. Scripts that are too complex may overfit some particular chart. Since there is no way to translate the actual ob and imb definitions into pinescript language, I decided to keep it simple.
Ideally, you want to see a bullish OB followed by buy side imbalance, or viceversa. OBs that are broken weakly are generally invalidated, ones that are broken strongly generally become breakers, and you can use them as good support/resistance levels.
Also, a good thing you can do when an OB and an imbalance match, is going in the lower timeframes and catching the structure reversal in the OB or imbalance zone. That may provide excellent RR trades. Always trade with OB that confirm the HTF trend.
Nothing in my content on tradingview is considerable investment advice.
Candle Wick Patterns Alerts & Liquidity TargetsCandle wicks provide incredibly useful confluence and confirmation of price action and technical analysis.
Quite simply a wick is formed by price being moved to an extreme by one side, then price being pushed back by the other side.
This can show increased pressure by one side, reduced or increased momentum, or exhaustion by another side.
This indicator while simple, is extremely powerful and versatile and can be set up to recognize numerous types of candle wick and therefore suit numerous trading styles.
The settings as to how wicks are highlighted are:
- Timeframe - view wicks on a higher timeframe while trading on a lower timeframe
- Minimum Wick to Body Ratio - increasing this value will look for wicks who are at least n times larger than the candle body. The most obvious examples here are Doji's - hammer, gravestone, dragonfly, etc. These can indicate trend reversals, indecision and changing momentum.
- Minimum Candle Body as percent of price - this value makes sure that any wick highlighted, belongs to a candle with a body that is at least n% of the price. A higher value is likely to show price momentum is stronger in a particular direction, good for confirming a trend.
- Minimum Candle Wick as percent of price - similar to candle bodies, this value will make sure the candle wick is at least n% of the price. This will identify large fluctuations in price, and if you are familiar with smart money concepts, an increasingly popular strategy is to target 50% of the wick being filled (liquidity).
- Show half fill level of wick - As above, this can provide a good target, which price will be drawn to, depending on the wick.
Finally, the indicator can be used to create alerts when a new wick that meets your settings criteria, is formed.
And don't forget you can add the indicator multiple times, with different settings to cover multiple scenarios and timeframes!
Automated MSB OTE Fibs and Premium DiscountOTE means optimal trade entry and can give the best price point to enter a trade at lower time frames. This indicator automatically draws these OTE levels and the premium /discount of the range, following a market structure break or MSB.
It does this by finding a pivot, checking if it has been broken by a candle body, then drawing a line for that MSB.
The premium /discount range and fib levels are taken from the high/low before and after the MSB, with the most recent MSB being used.
What is particularly great is that the levels and boxes move in realtime, so there is never any need to redraw things manually, drawing is fully automated and updates with every change in price or MSBs.
Settings:
Left and Right bars for Pivot - this determines the strength of the pivot that has been broken. The stronger the pivot, the stronger the MSB.
Max Lookback - How far to look back for MSBs.
Various aesthetic options to show bullish / bearish MSBs independently, as well as colour and line settings for the MSB, Fibs and Premium/Discount.
Liquidity Raids and Sweeps by TexmoonbeamLiquidity is a vital concept in trading. It gives us an indication of where buy / sell orders are in the market, and the direction price is likely to move once this liquidity has been taken.
The purpose of this indicator is to show you when and where there has been a 'raid' or 'sweep' of this liquidity, meaning a reversal might occur.
The indicator does this by looking for candle wicks, that go beyond a previous pivot high or low.
Settings:
Timeframe – This settings changes the timeframe that the indicator looks for raids/sweeps. Higher timeframes generally mean stronger moves.
Left bars – the number of bars gap higher/lower to the left of a pivot low/high. A higher number means the high or low was formed from a stronger move.
Right bars – the number of bars gap higher/lower to the right of a pivot low/high. A higher number means the high or low started a stronger move.
Max Gap – the maximum number of candles between a raid or sweep. Reduce this number on higher time frames if there are memory errors.
Min Gap – the minimum number of candles between a raid or sweep.
Alerts Wait For Close – If ticked, this means an alert will not be triggered by the current candle wick, overlapping a previous, until the close of that candle. Unticked you will be alerted as soon as the current candle crosses a previous high/low, though it might close far beyond that point and not actually turn out to be a raid/sweep.
Buy Side/Sell Side – line style and colour preferences for buy and sell side.
Strategy:
As seen in the example chart, the raid/sweep of liquidity, where only a wick reaches beyond a previous high or low, can be followed by a reversal of direction, often to seek other liquidity targets. This indicator could provide an opportunity to enter a trade at this point and the alert feature means you will be able to set up custom alerts on multiple charts or timeframes.
You should use other confluence and a lower time frame confirmation after a raid/sweep, to identify your entry, stop loss and targets. Familiarity with liquidity and smart money concepts are recommended.
3 or more consecutive candles
This indicator Colors in candles if there are 3 or more consecutive bearish or bullish candles.
If you are familiar with the BTMM/Stacey Burke Trading concept of expecting a stop hunt after 3 cycles of rise/fall this indicator may be useful to you.
I'm new to coding/making indicators so the code may not be as polished so please bare with me, I am in the process of learning :)
Eventually I'll make it so that you can edit the minimum and maximum number of candles needed for it to be colored, but it may take a long time lol.
All-In-One Sessions, Weekly, Monday, Previous Highs/LowsWe are forever drawing key levels on our charts with saved drawing templates, but finding the levels, adding the labels, is all tedious stuff. We have indicators, but we have multiple different ones at a time.
What if you could just tick a box on/off?
Well now you can.
This all in one 'levels' indicator is designed to show all the key highs and lows from previous weeks, Monday, the current week, as well as an option to highlight the market sessions and their highs and lows.
There are lots of options available for extending lines and choosing their colors, so once you have set it up how you want, don't forget to save YOUR defaults.
Oorah.
Fair Value Gap [LuxAlgo]Fair value gaps (FVG) highlight imbalances areas between market participants and have become popular amongst technical analysts. The following script aims to display fair value gaps alongside the percentage of filled gaps and the average duration (in bars) before gaps are filled.
Users can be alerted when an FVG is filled using the alerts built into this script.
🔶 USAGE
In practice, FVG's highlight areas of support (bullish FVG) and resistances (bearish FVG). Once a gap is filled, suggesting the end of the imbalance, we can expect the price to reverse.
This approach is more contrarian in nature, users wishing to use a more trend-following approach can use the identification of FVG as direct signals, going long with the identification of a bullish FVG, and short with a bearish FVG.
🔹 Mitigation
By default, the script highlights the areas of only unmitigated FVG's. Users can however highlight the mitigation level of mitigated FVG's, that is the lower extremity of bullish FVG's and the upper extremity of bearish FVG's.
The user can track the evolution of a mitigated FVG's using the "Dynamic" setting.
🔹 Threshold
The gap height can be used to determine the degree of imbalance between buying and selling market participants. Users can filter fair value gaps based on the gap height using the "Threshold %" setting. Using the "Auto" will make use of an automatic threshold, only keeping more volatile FVG's.
🔶 DETAILS
We use the following rules for detecting FVG's in this script:
Bullish FVG
low > high(t-2)
close(t-1) > high(t-2)
(low - high(t-2)) / high(t-2) > threshold
Upper Bullish FVG = low
Lower Bullish FVG = high(t-2)
Bearish FVG
high < low(t-2)
close(t-1) < low(t-2)
(low(t-2) - high) / high < -threshold
Upper Bearish FVG = low(t-2)
Lower Bearish FVG = high
🔶 SETTINGS
Threshold %: Threshold percentage used to filter our FVG's based on their height.
Auto Threshold: Use the cumulative mean of relative FVG heights as threshold.
Unmitigatted Levels: Extent the mitigation level of the number of unmitigated FVG's set by the user.
Mitigation Levels: Show the mitigation levels of mitigated FVG's.
Timeframe : Timeframe of the price data used to detect FVG's.
ArtiumPro Main Market StructureThis indicator maps out Market Structure using real time price action rather than simply pulling "pivot" points. Use to see at a glance where a BOS or CHoCH has occurred and where the current and historic highs and lows are.
- M-BOS happens when a main break of structure occurs (trend continuation) the continuation of a bullish or bearish trend.
User setting change line style, color and transparency & turn off text, change text color and transparency
- M-CHoCH happens when a Change of Character occurs (trend change) this is the 1st sign of a possible change of the trend direction from bullish to bearish or bearish to bullish
User setting change line style, color and transparency & turn off text, change text color and transparency
- M-swh & M-swl are the current active unmitigated highs and lows
- User setting for M-swh & M-swl allows you to chose the amount of active highs / lows you want to see on the chart. this can be used at a glace to see where potential liquidity may be laying. If you only want to see the last most current
high an low you can turn on the "just last active" option box.
- User settings to turn on or off the old mitigated highs lows making it easy to see at a glance when old highs and lows have been broken or swept. The label for this is also customizable to user preference.
[FrizLabz] FVGFVG indicator --
Allows your Charts to stay CLEAN for your T.A. by plotting the FVGs on top of the Candles inside of its Borders
FVGs can also be turned off and you can Remove the Bar Color only
Each FVG has a tooltip that you can hover your mouse over to get the (Type of FVG, Size, Top, Middle, Bottom, Time)
FVGs Using Plots so that they go all the way back in history you can have more than 500 on the chart
Uses 4 Plots to achieve this 4 are used to prevent the fill() from carrying over to the next bar if there are 2 FVGs
Can remove Bar Color - Theres no option to change Bar Color because it will cover up the FVG
Hope you guys Enjoy,
