Margyntrade - Indicator V1Margyntrade is an automatic support-resistance indicator. Calculations are instantaneous and do not reflect past candlesticks. A separate support-resistance point is determined for each currency pair.
Análisis de tendencia
Day Zero Fakeout Detector MTFDay Zero Template (Stacey Burke)
Definition:
“Day Zero” is essentially the setup day in Stacey Burke’s playbook.
It’s the day when the market creates a significant inflection — often forming a Peak Formation High (PFH) or Peak Formation Low (PFL).
It usually occurs after 3 days of directional movement (the classic 3-day cycle Stacey teaches).
Example:
Day 1: Breakout expansion.
Day 2: Continuation or consolidation.
Day 3: Exhaustion + reversal (forms PFH/PFL).
Day Zero: The day after this reversal template begins — where traders start looking for measured moves back inside the range.
👉 Day Zero = the transition day where the new weekly cycle (up or down) begins.
2️⃣ Peak Formation Highs (PFH) and Lows (PFL)
A PFH occurs when the market fails above prior highs (often with stop hunts/fakeouts).
A PFL occurs when the market fails below prior lows.
These PFHs/PFLs mark the anchor points for the next 3-day cycle.
Once identified, they become reference levels:
Above PFH → fade long traps (short bias).
Below PFL → fade short traps (long bias).
👉 This is where rectangles (Peter Brandt style) can come in handy to box in the PFH/PFL area.
3️⃣ Peter L. Brandt – Rectangles & Classical Charting
Peter Brandt’s approach (classical charting) complements Stacey’s playbook:
Rectangles are consolidation zones (value areas).
When a PFH or PFL forms, price often consolidates in a rectangle range.
A breakout from that rectangle confirms direction (continuation or reversal).
The measured move target is typically the height of the rectangle projected from the breakout point.
👉 Applied to Day Zero:
PFH/PFL = the extreme boundary of the rectangle.
A breakout from the rectangle in the opposite direction = confirmation of Day Zero reversal.
4️⃣ How They Fit Together
Stacey Burke: Focus on intraday cycles, 3-day cycle, Day Zero as the reset after PFH/PFL.
Peter Brandt: Focus on classical rectangle consolidation and breakout targets.
Integration:
Day Zero = when you’ve spotted a PFH or PFL and are preparing for the new cycle to begin.
Mark the PFH/PFL → draw a rectangle around the consolidation.
Wait for breakout/acceptance beyond rectangle → trade toward measured move (often aligning with Stacey’s Day 1/Day 2 directional bias).
✅ Example in practice:
Monday & Tuesday rally → Wednesday exhaustion → PFH forms.
Thursday = Day Zero (new short bias starting).
Rectangle consolidation forms under PFH.
Breakout below rectangle = signal.
Target = rectangle height measured down → often aligns with yesterday’s lows or prior session value area.
Ultimate Smart Trader Indicator (USTI)The Ultimate Smart Trader Indicator (USTI) is an all-in-one, institutional-grade trading tool designed to give traders a complete market overview for smarter and more accurate trading decisions.
Key Features:
Trend Analysis: Multi-timeframe EMA trends with trend strength visualization.
Momentum Signals: Advanced fusion of RSI, Stochastic, and MACD with divergence detection.
Volatility Zones: ATR-based dynamic support/resistance for risk management.
Supply & Demand Zones: Smart liquidity zones for high-probability entries and exits.
Multi-Timeframe Confirmation: Confirms trends and momentum on higher timeframes for accuracy.
Strong Buy/Sell Signals: Clear labels and alerts to guide trade entries.
Fully Customizable: Toggle features, adjust periods, and personalize colors to fit your strategy.
Why Traders Love USTI:
Combines trend, momentum, volatility, and liquidity into a single indicator.
Helps identify high-probability trading opportunities.
Perfect for intraday, swing, and long-term trading strategies.
Includes alerts for TradingView so you never miss a signal.
Use USTI to trade smarter, manage risk better, and make more confident decisions in any market condition.
Quantel Ultimate ProThe Quantel Ultimate Pro is a multi-factor trend and momentum trading indicator for TradingView that combines EMA trend analysis, MACD momentum, RSI conditions, ATR-based volatility filter, volume spike detection, and multi-timeframe confirmation to generate high-probability buy and sell signals.
Key Features:
Trend Analysis:
Uses Fast EMA and Slow EMA on the current timeframe to identify trend direction.
Confirms trend alignment on two higher timeframes (user-defined) using the Slow EMA.
Momentum Filter:
Uses MACD histogram to detect increasing bullish or bearish momentum.
Volatility & Volume Filters:
ATR-based volatility filter ensures trades are taken only when price movement is significant.
Volume spike detection highlights unusual trading activity for stronger signals.
RSI Confirmation:
RSI used to detect oversold (buy) and overbought (sell) conditions.
Signal Logic:
Buy Signal: Trend up across base and higher timeframes, increasing bullish momentum (MACD), RSI < 40, volume spike, and volatility above threshold.
Sell Signal: Trend down across base and higher timeframes, increasing bearish momentum, RSI > 60, volume spike, and volatility above threshold.
Visualization:
Fast EMA (blue) and Slow EMA (orange) plotted on price chart.
Trend zones highlighted with green (up) and red (down) background shading.
MACD histogram plotted below price for momentum visualization.
Volume spikes marked as small orange dots.
Buy/Sell signals displayed as labels directly on the chart.
Alerts:
Built-in alert conditions for automated notifications when buy or sell conditions are met.
Additional Info Table:
Displays higher timeframe EMA values and current ATR on the chart for reference.
Use Case:
Designed for trend-following and swing traders, this indicator provides clear visual signals for entry and exit, backed by multi-timeframe trend confirmation, momentum, volume, and volatility filters, making it suitable for spotting high-probability trade setups.
ConeWave MACoRa Wave is a custom-weighted moving average designed to adapt intelligently to market dynamics. It builds upon the foundational logic of the Comp_Ratio_MA by @redktrader, incorporating a compound ratio-based weighting curve that emphasizes recent price action while preserving smoothness and structure with pinescript version 6.
This version introduces modular enhancements, including:
A Comp Ratio Multiplier for fine-tuned responsiveness
Optional Auto Smoothing based on wave length
Streamlined plotting for clarity and performance
Whether you're confirming market structure, identifying trend shifts, or seeking a cleaner alternative to noisy indicators, CoRa Wave offers a visually intuitive and mathematically elegant solution.
🛠 Reimagined by @atulgalande75 — optimized for traders who value precision, adaptability, and clean charting. Original concept by @redktrader.
iFVGs & Breakout DetectorThis indicator by Quantel enhances the classic Fair Value Gap (FVG) and Inversion FVG concept with automated detection, visualization, and breakout tracking.
Plots Bullish/Bearish FVGs and Inversion FVGs with customizable mitigation levels (Proximal, 50% OB, Distal).
Applies an advanced filtering system (Aggressive → Very Defensive) to refine valid zones.
Highlights potential trade opportunities when price decisively breaks an FVG boundary using ATR-based confirmation.
Displays visual breakout triangles to mark bullish or bearish breakouts.
Includes smart color themes (Light/Dark/Off) and full alert integration for automated trading or notifications.
With its combination of institutional concepts and robust filtering, this tool helps traders identify high-probability supply/demand imbalances, monitor valid trading zones, and catch breakout confirmations in real time.
Real Close Overlay for Heiken AshiDescription:
The Real Close on Heiken Ashi indicator solves one of the biggest problems traders face when using Heiken Ashi candles, the fact that the displayed close is not the true market close.
By default, Heiken Ashi modifies the open, high, low, and close values to create smoother-looking candles. This makes them great for identifying trends, but it also means entries and exits can be misleading if you rely only on the chart.
This tool fixes that by overlaying the real closing price (traditional candlestick close) directly onto your Heiken Ashi chart.
How It Works:
- Plots the true closing price of each bar (from standard candles) onto your Heiken Ashi chart.
- Displays a small, unobtrusive marker (black dot by default) so you can instantly see where price actually closed. Not only does it plot the close, but it moves with real price as the candle is forming so price action is not lost.
- Updates in real time with every new bar.
Why It Matters:
- Use Heiken Ashi for trend clarity without losing price accuracy.
- Avoid entering/exiting based on inaccurate Heiken Ashi body closes.
- Improves stop-loss and take-profit placement by showing where price truly ended the candle.
- Essential for scalpers and short-term traders who need precision without losing true price action.
Best Uses:
- Combine with Heiken Ashi for momentum trading.
- Verify breakout confirmations against the real close.
- Use as an execution reference if you trade a HA-based system.
Disclaimer:
This script is for educational purposes only. It is open source and fully accessible. It does not provide financial advice. Always test thoroughly before applying to live markets.
ICT Killzones & Pivots indicatorIt marks out key trading sessions (Asia, London, New York AM, NY Lunch, NY PM) by drawing:
Killzone boxes (high/low of session)
Pivot lines (session highs and lows)
Labels (like LO.H, NYAM.L, etc.)
Day/Week/Month opens and separators
Custom timestamp markers
Here’s what’s happening in the code:
🔑 Key Features:
Configurable Killzones
Asia: 20:00 – 00:00 GMT-4
London: 02:00 – 05:00 GMT-4
NY AM: 09:30 – 11:00 GMT-4
NY Lunch: 12:00 – 13:00 GMT-4
NY PM: 13:30 – 16:00 GMT-4
Each session can show:
Colored boxes (range of session)
Pivot high/low lines
Labels like AS.H, LO.L
Alerts when levels break
Drawing Limits
max_days input controls how many past sessions are shown.
Prevents chart clutter.
Opening Price Lines
You can mark important open levels: true day open (00:00), 06:00, 10:00, 14:00.
Useful for ICT concepts like “open drive.”
Day/Week/Month Opens
Option to plot open price levels with labels (D.OPEN, W.OPEN, M.OPEN).
Can also show separators for each new day/week/month.
Alerts
Triggers when session highs or lows are broken.
Example: “Broke LO.H” if London high breaks.
Custom Timezones
Killzones are adjusted using the gmt_tz setting.
Default is GMT-4 (New York).
Cutoff Time
After a set time (default 12:00), extensions of session lines stop updating.
⚡ In practice:
Boxes highlight accumulation ranges (ICT killzones).
Pivot lines help track liquidity grabs (session high/low breaks).
Labels + alerts keep you notified of important market structure events.
Combined with ICT concepts, you’d look for setups like:
London killzone sweep of Asia range.
NY session taking liquidity above London high.
Liquidity Hunt IndicatorThis indicator automatically detects liquidity pools formed by swing highs and lows using fractal logic. It draws potential buy-side and sell-side liquidity levels (top/bottom lines) and dynamically updates them as price evolves.
White lines = pending liquidity levels (untested).
Red lines = liquidity taken from above (buy-side liquidity sweep).
Green lines = liquidity taken from below (sell-side liquidity sweep).
Alerts trigger when price breaks a liquidity line.
This tool helps traders track where liquidity might be resting and visualize when price sweeps it — useful for smart money concepts (SMC), ICT-style trading, and liquidity-based strategies.
Fractal High/Low/Mid MTF (3 Timeframes)Multi Time Frame Fractal High/Low/Midlines
Note:
No guarantee or warranty. Use at your own risk. Happy trading.
Сигналы_magistraturaNew Custom Indicator "Signals_magistratura" — How to Get Entry Signals (Long & Short)
🔹 Big news for traders — a new tool has arrived
— Our team has developed a custom indicator that highlights potential entry points.
— It doesn’t guess. It reads market structure and shows real reversal and continuation zones.
🔍 How does the indicator work?
🔹 Trend-aligned signals — enter at the start of an impulse
📌 These signals help you enter early, at the beginning of a move — not after the train has left.
🔹 Breakout signals — two key scenarios
1. False break & reversal (Liquidity grab)
— Price breaks a key level, sweeps stops, then reverses,
— Followed by a strong bounce.
→ Perfect setup for a reversal trade.
2. True breakout — trend continuation
— If price closes and holds beyond a key level,
→ You can enter in the direction of the breakout.
— Signal is strongest when confirmed by high volume.
🔹 Works on stocks — not just crypto
— Example: Signal triggered on touching the upper boundary of the daily SMA channel,
— This indicates an anomalous deviation,
→ Often followed by a pullback toward the moving average.
📌 These levels act as reversal zones, especially when confirmed by volume.
🧩 How to strengthen the signals?
🔹 Combine with "SMA Channels Magistratura"
— Highlights gaps between SMA channels,
— These zones = market extremes, where price is "overheated",
→ High probability of correction or new impulse after.
🔹 Use divergence
— Built-in enhanced RSI analysis (not classic RSI),
— Helps spot trend weakening before reversal.
✅ How to use the indicator?
— Not as a magic button,
— But as a filter and confirmation tool for your strategy.
Works for:
→ Cryptocurrencies,
→ Russian stocks,
→ Forex,
→ Intraday & swing trading.
📌 Especially useful if:
You’re tired of paid signals,
Haven’t built your own strategy yet,
Want to trade systematically, not randomly.
🚀 Your move
Pause the video, add the indicator to your chart, test it on your favorite assets.
Then comment below: how did the signal perform?
→ Let’s discuss!
💡 This indicator is not a trading signal.
It’s a tool for those who want to see deeper, enter earlier, and trade with precision.
Add it. Test it. Improve your trading by 70%.
Good luck!
Cnagda Liquidit Trading SystemCnagda Liquidit Trading System helps spot where price is likely to trap traders and reverse, then gives simple, actionable Level to entry, place SL, and take profits with confidence. It blends imbalance zones, trend bias, order blocks, liquidity pools, high-probability fake Signal, and context-aware candle patterns into one clean workflow.
🟩🟥 Imbalance boxes: “Crowd rushed, gaps left”
What it is: Green/red boxes mark fast, one-sided moves where price “skipped” orders—think FVG-like zones that often get revisited.
Why it helps: Price frequently pulls back to “fill” these zones, creating clean retest entries with logical stops.
⏩How to use:
Green box = potential demand retest; Red box = potential supply retest. Enter on pullback into box, not on first impulse. Put stop on far side of box and aim first targets at recent swing points.
↕️ Swing bias (HH/HL vs LH/LL): “Which way is the road?”
What it is: Higher-highs/higher-lows = up-bias; Lower-highs/lower-lows = down-bias. system plots Buy/Sell OB levels aligned with that bias.
Why it helps: Trading with the broader flow reduces “hero trades” against institutions. Bias gives clearer entries and cleaner drawdowns.
⏩How to use:
Up-bias: look for long on Buy OB retests. Down-bias: look for short on Sell OB retests. Wait for a small rejection/engulfing to confirm before triggering.
🧱Order blocks: “Where big players remember”
What it is: last opposite-colored candle before an impulsive move—these zones often hold memory and reaction. system plots these as Buy/Sell OB lines.
Why it helps: Many breakouts pull back to the origin. Good entries often happen on retest, not on the breakout chase.
⏩ How to use:
Let price return into the OB, show wick rejection, and decent volume. Enter with stop beyond OB; define risk-reward before entry.
📊Volume coloring: “How Volume is move?”
What it is: Bar color reflects relative volume; inside bars are black. The dashboard also shows Volume and “Volume vs Prev.”
Why it helps: Patterns without volume often fade; volume validates strength and intent of moves.
⏩ How to use:
Favor entries where imbalance/OB/liquidity-grab coincide with higher volume. If volume is weak, reduce size or skip.
🧲 BSL/SSL liquidity pools: “Fishing for stops”
What it is: Equal highs cluster stops above (BSL); equal lows cluster stops below (SSL). system plots these and highlights the nearest one (“magnet”).
Why it helps: Price often sweeps these pools to trigger stops before reversing. This is a prime trap-reversal location.
⏩ How to use:
Watch nearest BSL/SSL. If price wicks through and closes back inside, anticipate a reversal. Trade reaction, not first poke. When price closes beyond, consider that pool mitigated and move on.
🟢🔴 Advanced liquidity grab: “Catch fakeout”
What it is: Bullish grab = makes a new low beyond a prior low but closes back above it, with a long lower wick, small body, and higher volume. Bearish is mirror. Labeled automatically.
Why it helps: It exposes trap moves (stop hunts) and often precedes true direction.
⏩ How to use:
Best when it aligns with a nearby imbalance/OB and supportive volume. Enter on reversal candle break or on retest. Stop goes beyond sweep wick.
🧠 Smart candlestick patterns (only in right place)
What it is: Engulfing, Hammer, Shooting Star, Hanging Man, Doji (with high volume), Morning/Evening Star, Piercing—but marked “effective” only if context (swing/trend/location) agrees.
Why it helps: same pattern in the wrong place is noise; in the right place, it’s signal.
⏩ How to use:
Location first (BSL/SSL/OB/imbalance), then pattern. Treat pattern as trigger/confirmation—one fresh label shows to keep chart clean.
🧭 Dashboard: “Context in a glance”
⏩ Reversal Level: current swing anchor—expect turns or reactions nearby; great for alerts and planning.
⏩ Volume vs Prev + Volume: Strength meter for signal candle—higher adds conviction.
⏩ Nearest Pool: next “magnet” area—look for sweeps/rejections there.
🧩Step-by-step trading flow (with mindset)
⏩ Set bias: HH/HL = long bias, LH/LL = short bias. Counter-trend only on clean sweeps with strong confirmation.
⏩ Find magnet: Check Nearest Pool (BSL/SSL). Focus attention there; it saves screen time.
⏩ Wait for event: Look for a sweep/grab label, or sharp rejection at pool/OB/imbalance. Avoid FOMO.
⏩ Add confluence: Stack 2–3 of these—imbalance box, OB, contextual pattern, supportive volume.
⏩Plan entry: Bullish: trigger above reversal candle high or take retest of FVG/OB. Stop below sweep wick/zone. Target at least 1:1.5–1:2.
Bearish: mirror above.
⏩Manage smartly: Take partials, move to breakeven or trail thoughtfully. Don’t drag stops inside zone out of emotion.
🎛️ Parameter tuning (to reduce human error)
⏩ swingLen: Smaller = faster but noisier; larger = cleaner but slower. Backtest first, then go live.
⏩ Tolerance (ATR or percent): ATR tolerance adapts to volatility (good for fast markets and lower TFs). Start around 0.15–0.30. In calm markets, try percent 0.05–0.15%.
⏩ minBarsGap: Start with 3–5 so equal highs/lows are truly equal—reduces false pools.
❌Common mistakes → ✅ Better habits
⏩Chasing every breakout → Wait for sweep/rejection, then confirm.
⏩Ignoring volume → Validate strength; cut size or skip on weak volume.
⏩Losing history of pools → If reviewing/backtesting, keep mitigated pools visible (dashed/faded).
⏩Over-tight tolerance/too small swingLen → Increases false signals; backtest to find balance.
📝 checklist (before entry)
⏩ Is there a nearby BSL/SSL and did a sweep/grab happen there?
⏩ Is there a close imbalance/OB that price can retest?
⏩ Do we have an effective pattern plus supportive volume?
⏩Is the stop beyond the wick/zone and RR ≥ 1:1.5?
•?((¯°·._.• 🎀 𝐻𝒶𝓅𝓅𝓎 𝒯𝓇𝒶𝒹𝒾𝓃𝑔 🎀 •._.·°¯((?•
Matts Moving Average's The 50,62,100moving average's
I use them for direction and strength also trend is easy to see
waiting for them to cross offer the best opportunities
Candle Range Theory 4H Blocks (New York Time)This is a script to those who mess up the CRT, Candle Range Theory, times to trade Forex and CFDs. It is simple and effective.
NR4/NR7 Volatility Squeeze & BreakoutsNR4/NR7 Volatility Squeeze & Breakouts
Concept
Markets often move in cycles of contraction → expansion.
The NR4 and NR7 patterns are well-known volatility contraction signals:
• NR4 : The current bar has the narrowest range (high–low) of the last 4 bars.
• NR7 : The current bar has the narrowest range of the last 7 bars.
• When both conditions align, it signals a strong volatility squeeze.
Such bars often precede s harp breakout moves , making them valuable for breakout and risk-framed trading setups.
How It Works
This script detects NR4 and NR7 bars in real time and adds several features for practical trading use:
Bar Highlighting:
• Teal = NR4, Purple = NR7, Orange = Both.
Breakout Levels:
• The High and Low of the most recent NR bar are projected forward as breakout bands.
Breakout Signals:
• Optional markers when price crosses above/below the NR High/Low.
• Configurable “close confirmation” and cooldown period to avoid duplicate signals.
SMA Filter (adjustable, default 20):
• Plotted on the chart to help traders frame bias and trend context.
Alerts:
• “NR Bar Formed”
• “Bullish Breakout”
• “Bearish Breakout”
How to Use
1. Identify Contraction:
• Watch for NR4/NR7 colored bars.
2. Plan Expansion:
• Use the High/Low of the bar as breakout reference.
3. Add Filters:
• SMA slope/position can add directional context.
• Combine with volume, VWAP, or support/resistance for stronger signals.
4. Risk Management:
• Many traders use the opposite side of the NR bar as stop placement.
Why It’s Useful
Unlike generic breakout systems, this script:
• Focuses on specific, researched volatility patterns (NR4/NR7), not just random breakouts.
• Provides a visual and systematic framework for detecting contraction → expansion phases.
• Integrates both classic price-action logic (narrow ranges) and a trend filter (SMA).
• Offers flexible alerts and cooldown so traders can adapt it to different styles (scalping, swing, intraday).
Important
This is an educational tool. It does not guarantee profitable trades. Always combine with your own market analysis and risk management.
MTF Last Closed Highs & LowsThis indicator plots the most recent closed high and low levels from multiple timeframes (4H, Daily, Weekly, Monthly, etc.) directly on your chart. It helps traders quickly spot key support and resistance zones, track market structure across different timeframes, and identify breakout or reversal opportunities.
Whale Fractal Levels (V1.0)What it does
This indicator plots Fractal Levels (Bill Williams pivots) as horizontal lines and prints clean signals for:
BO+ / BO− → Breakouts through the latest fractal high/low
SW↑ / SW↓ → Liquidity sweeps (wick pierces, close rejects)
RE+ / RE− → Retests of the broken level after a confirmed breakout
Cyan = support (fractal lows).
Lilac = resistance (fractal highs).
How it works
Detects fractals with Left/Right = lr. A pivot is confirmed after lr bars on the right → the level itself doesn’t repaint.
Each confirmed fractal spawns a horizontal line extended to the right. You can limit how many lines stay on chart and auto-expire old ones.
Signals reference the most recent fractal high/low only and are edge-triggered (crossover/crossunder) with a cooldown so you don’t get a marker on every bar near the level.
A small state machine remembers the last breakout to validate the next retest.
Inputs (Settings)
Fractals
Left/Right (BW fractal) — Sensitivity of pivots (lower = more reactive, higher = cleaner).
MAX number of levels to display — Keep only the most recent N lines.
Level lifetime (bars) — Auto-delete lines after N bars to declutter.
Signals
Cooldown between signals (bars) — Minimum spacing between markers (anti-spam).
Show Breakouts (BO±) — Toggle breakout markers.
Show Sweeps (SW↑/SW↓) — Toggle sweep markers.
Show Retests (RE±) — Toggle retest markers.
Display
Show fractal lines / Line width / Line transparency (0..100)
Alerts (ready to use)
BO+ (Fractal), BO- (Fractal)
SW↑ (Fractal), SW↓ (Fractal)
RE+ (Fractal), RE- (Fractal)
Pullback Entry Alert (8ema/21ema/50ma/200ma)8ema, 21ema, 50MA, and 200MA alert for pullback buy entries
ValuationtoolValuation tools, updated version for every asset (vs futures price / vs gold / vs bounds)
Price vs SMAThis indicator displays the current price in percentage terms, indicating whether it is above or below a selected simple moving average (SMA). It’s designed to be clean and minimal, with the option to display a brief sentence on the chart for added clarity.
The script calculates the distance between the current price and a chosen simple moving average (SMA) and expresses that distance as a percentage. By default, it uses the 200-period SMA, but you can adjust the length to any value, such as 50 or 100, depending on your trading style. A positive percentage means price is trading above the SMA, while a negative percentage means it is below.
The percentage difference is rounded to whole numbers and can be displayed directly in the chart legend if the “Indicator values” box is checked in the TradingView settings. This keeps the chart clean while still providing at-a-glance information about the price relative to your selected moving average.
For extra clarity, the script also includes an option to display a short sentence on the chart itself. This sentence will read “Price is x% above SMA” in green when price is above the SMA, or “Price is x% below SMA” in red when price is below. This visual cue makes it easy to interpret the relationship between price and the moving average without adding clutter.
Scalping, Swing Pro: Urban Towers + Bollinger(0.5)+ WMA by KidevThis indicator combines narrow Bollinger Bands (σ = 0.5) with a Weighted Moving Average (WMA-96) to provide traders with a reliable framework for identifying both short-term scalps and medium-term swing setups.
Bollinger Bands (0.5σ):
Traditional Bollinger Bands at 2σ cover ~95% of price movement, while 0.5σ bands narrow the focus to ~50% of price activity. This tighter structure makes them ideal for detecting volatility contractions, consolidations, and early breakout signals.
WMA-96 as Trend Reference:
The 96-period WMA acts as a slower, more stable directional guide. Unlike shorter WMAs, this longer setting filters noise and serves as a reference line for the dominant trend. Traders can use it as an anchor for intraday or swing positions.
Scalping & Swing Benefits:
Price holding above the WMA-96 while staying near the upper 0.5σ band often signals strength.
Contractions (squeezes) in the 0.5σ band followed by expansion frequently mark breakout zones.
Pullbacks toward the WMA-96 combined with band signals can act as re-entry or risk-defined trade areas.
This script provides a balanced view of momentum and stability — the 0.5σ bands reveal short-term volatility shifts, while the WMA-96 grounds the trader in the prevailing trend.
LRSlope - Linear Regression SlopeI modified UCSgears version by simply smoothing regression curve to reduce noise a little bit.
As it mentioned originally "Good way to see if the trend is accelarating or decelarating."