TAKA (Timeframe Adjustment Kasane Ashi)TAKA (Timeframe Adjustment Kasane Ashi)
概要 | Overview
**TAKA (Timeframe Adjustment Kasane Ashi)**インジケーターは、「HTF Candles」スクリプト（「informanerd」作）と、TradingViewのビルトインスクリプト「Multi-Time Period Charts」に触発されて作られました。このスクリプトは、ユーザーが高時間足のローソク足を現在のチャートにオーバーレイ表示できる高度にカスタマイズ可能なインターフェースを提供します。時間足、ローソク足タイプ、そしてボディ、ボーダー、ウィックのスタイリングオプションを簡単に調整できます。
The TAKA (Timeframe Adjustment Kasane Ashi) indicator was inspired by the "HTF Candles" script (created by "informanerd") and TradingView's built-in script "Multi-Time Period Charts." This script provides a highly customizable interface that allows users to overlay higher timeframe candlesticks onto the current chart. You can easily adjust the timeframe, candle type, and styling options for the body, borders, and wicks.
TAKAを使用することで、複数の時間足を通じて市場の大きなトレンドを把握でき、短期的な取引でも長期的な視点を得ることができます。短期トレーダーから長期投資家まで、異なる時間軸での価格動向を視覚的に確認することが可能になります。
By using TAKA, you can understand the larger trends of the market through multiple timeframes and gain a longer-term perspective even in short-term trading. It allows traders and investors of all types to visually confirm price movements across different timeframes.
主な特徴 | Main Features
高時間足（HTF）のローソク足表示 | Higher Timeframe (HTF) Candlestick Display
ユーザーが指定した高時間足（例：日足、週足、月足など）のローソク足を現在のチャートにオーバーレイ表示できます。この機能により、トレーダーは異なる時間軸のチャート上で高時間足のローソク足を視覚的に確認し、市場の大きな動きを把握できます。
Users can overlay higher timeframe candlesticks (e.g., daily, weekly, monthly) onto the current chart. This feature allows traders to visually confirm higher timeframe candlesticks on charts with different timeframes, helping them identify larger market movements.
例: もし15分足のチャートを使用している場合でも、日足のローソク足をオーバーレイ表示し、広い視点で市場動向を分析できます。
Example: Even when using a 15-minute chart, you can overlay daily candlesticks to analyze the market from a broader perspective.
カスタマイズ可能なローソク足タイプ | Customizable Candle Types
Candles（通常のローソク足）、Heikin Ashi（平滑化されたローソク足）、Bars（バー）の3つのローソク足タイプから選択できます。Heikin Ashiは、価格のノイズを減らし、トレンドを視覚的に把握しやすくするため、トレンドを平滑化します。
You can choose from three candlestick types: Candles (regular candlesticks), Heikin Ashi (smoothed candlesticks), and Bars. Heikin Ashi helps smooth out trends and reduces price noise, making it easier to visually interpret market trends.
例: Heikin Ashiローソク足を使用すると、上昇トレンドや下降トレンドがより明確に視覚化されます。
Example: Using Heikin Ashi candlesticks makes it easier to visualize uptrends and downtrends.
ローソク足の色やスタイルのカスタマイズ | Customizable Candle Colors and Styles
ローソク足のボディ（本体）、ボーダー、ウィック（髭）の色を、上昇時と下降時で個別に設定できます。また、ローソク足の幅やスタイル（ソリッド、ドット、破線）も自由に調整可能です。
The body, border, and wick colors of the candlesticks can be customized separately for rising and falling candles. You can also adjust the width and style of the candlesticks (solid, dotted, dashed).
例: 上昇したローソク足を緑、下降したローソク足を赤に設定することで、視覚的に強調できます。
Example: Setting rising candles to green and falling candles to red visually emphasizes the trend.
時間残り表示 | Time Remaining Display
ローソク足の閉じるまでの残り時間を表示するオプションがあります。これにより、次のローソク足が完成するまでの時間を確認し、取引のタイミングを計りやすくなります。
There is an option to display the remaining time until the candlestick closes. This helps traders to track the time until the next candle forms and plan their trading decisions accordingly.
例: 5分足のチャートで、現在の5分足ローソク足が閉じるまでの残り時間を表示し、次のローソク足の形成を意識した取引が可能になります。
Example: On a 5-minute chart, displaying the remaining time for the current candle helps traders plan for the next candlestick.
新しく追加された特徴・機能（TAKA (Timeframe Adjustment Kasane Ashi) v2.0.1以降）| New Features in TAKA (Timeframe Adjustment Kasane Ashi) v2.0.1 and Later
時間足別の移動平均（MA）設定 | Timeframe-specific Moving Average (MA) Settings
ユーザーは、異なる時間足ごとに移動平均（MA）を設定できるようになりました。これにより、1時間足の移動平均、4時間足の移動平均、日足の移動平均など、各時間軸でのトレンドを視覚的に分析できます。
Users can now set moving averages (MA) for different timeframes. This allows you to analyze trends on different timeframes, such as the 1-hour MA, 4-hour MA, and daily MA.
例: 15分足の移動平均を使用して短期的なトレンドを確認し、日足の移動平均を使用して市場全体のトレンドを把握することができます。
Example: Use the 15-minute MA to confirm short-term trends, and the daily MA to understand the overall market trend.
移動平均にタイムフレーム別設定オプション | Timeframe-Specific MA Settings
MA1、MA2、MA3に異なるタイムフレームを設定でき、複数の時間軸での市場の動きを同時に確認できます。
You can set different timeframes for MA1, MA2, and MA3, allowing you to check market movements across multiple timeframes simultaneously.
例: MA1を15分足、MA2を1時間足、MA3を日足に設定して、各時間軸のトレンドを比較できます。
Example: Set MA1 to 15 minutes, MA2 to 1 hour, and MA3 to daily, and compare trends across each timeframe.
時間足別のカスタムタイムフレーム設定 | Custom Timeframe Settings for Each Timeframe
時間足別にカスタマイズできるタイムフレーム設定が追加されました。これにより、例えば5分足、15分足、1時間足、日足、週足など、異なる時間足ごとに適切な高時間足（HTF）の設定を行うことができます。
A new feature allows you to customize the timeframe settings for each timeframe, such as 5 minutes, 15 minutes, 1 hour, daily, and weekly, to use the appropriate higher timeframes (HTF) for each.
例: 1時間足のチャートで4時間足の高時間足を選択し、15分足のチャートで日足の高時間足を選択することができます。
Example: Choose the 4-hour HTF for the 1-hour chart, and the daily HTF for the 15-minute chart.
使用方法 | How to Use
TAKAインジケーターは、任意のチャートに任意の時間足で適用できます。ただし、1分未満の非常に低い時間足では、バー間にギャップが発生する場合があり、ローソク足が正しく描画されないことがあります。
The TAKA indicator can be applied to any chart at any time frame. However, very low timeframes (less than 1 minute) may show gaps between bars and the candlesticks may not render correctly.
「Same as chart」オプションを「Resolution」フィールドで選択すると、インジケーターはローソク足を描画するために適切な高時間足解像度を自動的に選択します。
When the "Same as chart" option is selected in the "Resolution" field, the indicator will automatically select the appropriate higher timeframe resolution for drawing the candlesticks.
リリースノート | Release Notes
TAKA (Timeframe Adjustment Kasane Ashi) v2.0.1以降 | v2.0.1 and Later
新機能と修正 | New Features and Fixes:
時間足別の移動平均（MA）設定 | Timeframe-specific Moving Average (MA) Settings.
高時間足ローソク足のカスタムタイムフレームオプション | Custom Timeframe Options for HTF Candlesticks.
各時間足に対する時間足カスタマイズ設定の追加 | Added Custom Timeframe Settings for Each Timeframe.
TAKAインジケーターで、強力で柔軟な市場分析をお楽しみください！
Enjoy powerful and flexible market analysis with the TAKA indicator!
Candlestick analysis
Custom Buy and Sell Signal with Body Ratio and RSI
Indicator Overview:
Name: Custom Buy and Sell Signal with Body Ratio and RSI
Description: This indicator is designed to detect buy and sell opportunities by analyzing the body size and wicks of candles in combination with the RSI indicator and volume. It helps identify trend reversals under high-volume market conditions, which enhances the reliability of the signals.
Indicator Features:
RSI (Relative Strength Index): The RSI indicator is used to assess oversold (RSI < 40) or overbought (RSI > 60) conditions. These zones signal potential reversals when combined with other technical signals.
Candle Body Analysis:
The indicator compares the size of the current and previous candles to validate signals.
For a buy signal, the current candle must be bullish and have a body size proportional to that of the previous bearish candle.
Similarly, for a sell signal, the current candle must be bearish with a body size comparable to the previous bullish candle.
Wick Validation:
The indicator analyzes the wick length to reinforce or exclude signals.
For a buy signal, the lower wick of the bullish candle must be shorter than that of the previous bearish candle.
For a sell signal, the upper wick of the bearish candle must be shorter than that of the previous bullish candle and smaller than 30% of the candle's body.
High Volume:
Signals are only generated when the volume exceeds a certain threshold, ensuring that signals are issued in active market conditions.
The minimum volume should be adjusted based on the asset. For example, for gold, a minimum volume of 9000 is recommended.
Trading Strategy:
Buy Signals:
A bearish (red) candle is followed by a bullish (green) candle with a body size that is comparable to the previous candle (0.9 to 3 times the body size).
The lower wick of the bullish candle is shorter than that of the previous bearish candle, confirming the validity of the signal.
The RSI must be below 40, indicating an oversold condition.
The volume must exceed the defined threshold (e.g., > 9000 for gold) to confirm an active market.
Sell Signals:
A bullish (green) candle is followed by a bearish (red) candle with a comparable body size.
The upper wick of the bearish candle must be shorter than that of the previous bullish candle and must not exceed 30% of the body size.
The RSI must be above 60, indicating an overbought condition.
The volume must also exceed the minimum threshold for a valid signal.
Usage Guidelines:
Volume Adjustment: It is crucial to adjust the volume threshold depending on the asset you're trading. For example, for assets like gold, a minimum volume of 9000 is recommended to filter out weak signals. Each asset has a different volume dynamic, so test different thresholds on historical data to find the optimal setting.
Time Frame:
It is recommended to use this indicator on a 1-hour (1H) chart for the best signal relevance. This time frame provides a good balance between reactivity and filtering false signals.
Confluence:
Combine the signals from this indicator with other tools like support and resistance levels, moving averages, or chart patterns to increase your chances of success. Confluence of indicators improves the reliability of signals.
Risk Management:
Implement strict risk management. Use stop-losses based on volatility, such as ATR (Average True Range), or the wick size to determine exit points.
Backtesting:
Before using it live, conduct backtesting on various assets to fine-tune the parameters, especially the volume threshold, and to verify performance across different market conditions.
This indicator is an excellent tool for traders looking to identify trend reversals based on solid technical criteria such as RSI, candle structure, and volume. It is particularly effective on volatile assets with precise volume adjustment.
Mile Runner - Swing Trade LONGMile Runner - Swing Trade LONG Indicator - By @jerolourenco
Overview
The Mile Runner - Swing Trade LONG indicator is designed for swing traders who focus on LONG positions in stocks, BDRs (Brazilian Depositary Receipts), and ETFs. It provides clear entry signals, stop loss, and take profit levels, helping traders identify optimal buying opportunities with a robust set of technical filters. The indicator is optimized for daily candlestick charts and combines multiple technical analysis tools to ensure high-probability trades.
Key Features
Entry Signals: Visualized as green triangles below the price bars, indicating a potential LONG entry.
Stop Loss and Take Profit Levels: Automatically plotted on the chart for easy reference.
Stop Loss: Based on the most recent pivot low (support level).
Take Profit: Calculated using a Fibonacci-based projection from the entry price to the stop loss.
Trend and Momentum Filters: Ensures trades align with the prevailing trend and have sufficient momentum.
Volume and Volatility Confirmation: Verifies market interest and price movement potential.
How It Works
The indicator uses a combination of technical tools to filter and confirm trade setups:
Exponential Moving Averages (EMAs):
A short EMA (default: 9 periods) and a long EMA (default: 21 periods) identify the trend.
A bullish crossover (EMA9 crosses above EMA21) signals a potential upward trend.
Money Flow Index (MFI):
Confirms buying pressure when MFI > 50.
Average True Range (ATR):
Ensures sufficient volatility by checking if ATR exceeds its 20-period moving average.
Volume:
Confirms market interest when volume exceeds its 20-period moving average.
Pivot Lows:
Identifies recent support levels (pivot lows) to set the stop loss.
Ensures the pivot low is recent (within the last 10 bars by default).
Additional Trend Filter:
Confirms the long EMA is rising, reinforcing the bullish trend.
Inputs and Customization
The indicator is highly customizable, allowing traders to tailor it to their strategies:
EMA Periods: Adjust the short and long EMA lengths.
ATR and MFI Periods: Modify lookback periods for volatility and momentum.
Pivot Lookback: Control the sensitivity of pivot low detection.
Fibonacci Level: Adjust the Fibonacci retracement level for take profit.
Take Profit Multiplier: Fine-tune the aggressiveness of the take profit target.
Max Pivot Age: Set the maximum bars since the last pivot low for relevance.
Usage Instructions
Apply the Indicator:
Add the "Mile Runner - Swing Trade LONG" indicator to your TradingView chart.
Best used on daily charts for swing trading.
Look for Entry Signals:
A green triangle below the price bar signals a potential LONG entry.
Set Stop Loss and Take Profit:
Stop Loss: Red dashed line indicating the stop loss level.
Take Profit: Purple dashed line showing the take profit level.
Monitor the Trade:
The entry price is marked with a green dashed line for reference.
Adjust trade management based on the plotted levels.
Set Alerts:
Use the built-in alert condition to get notified of new LONG entry signals.
Important Notes
For LONG Positions Only : Designed exclusively for swing trading LONG positions.
Timeframe: Optimized for daily charts but can be tested on other timeframes.
Asset Types: Works best with stocks, BDRs, and ETFs.
Risk Management: Always align stop loss and take profit levels with your risk tolerance.
Why Use Mile Runner?
The Mile Runner indicator simplifies swing trading by integrating trend, momentum, volume, and volatility filters into one user-friendly tool. It helps traders:
Identify high-probability entry points.
Establish clear stop loss and take profit levels.
Avoid low-volatility or low-volume markets.
Focus on assets with strong buying pressure and recent support.
By following its signals and levels, traders can make informed decisions and enhance their swing trading performance. Customize the inputs and test it on your favorite assets—happy trading!
Impulse MACD enhancedThis indicator is designed to provide robust trade entry signals by combining multiple technical filters. Here’s a summary of its key components:
Impulse MACD Calculation:
Uses a Zero-Lag EMA (ZLEMA) based approach to generate a momentum indicator (with a signal line and histogram) that identifies shifts in market momentum.
Simulated Higher Timeframe (HTF) Trend Filter:
Computes an SMA over a multiplied period to simulate a higher timeframe trend. It requires the price to be in line with this broader trend before signaling an entry.
RSI Filter:
Ensures that for bullish entries the RSI is above a set threshold (indicating momentum) and for bearish entries it’s below a threshold.
ADX Filter:
Uses a manually calculated ADX to confirm that the market is in a strong trend (ADX > 30) to reduce false signals in weakly trending or sideways markets.
Volume Filter:
Compares the current volume to a 20‑bar SMA of volume, requiring volume to be significantly higher (by a user-defined percentage) to confirm the strength of the move.
VWAP Confirmation:
Uses the Volume-Weighted Average Price as an extra layer of confirmation: bullish signals require the price to be above VWAP, bearish signals below.
Optional Long-Term & Short-Term MA Filters:
These filters can be enabled to ensure the price is trading above (or below) longer-term and shorter-term moving averages, further aligning the trade with the prevailing trend.
ATR Volatility Filter:
Checks that volatility (as measured by the ATR relative to price) is below a maximum threshold, which helps avoid taking trades in overly volatile conditions.
Price Action Filter:
Ensures that for a bullish signal the current close is above the highest high over a specified lookback period (and vice versa for bearish), indicating a clear breakout.
Signal Throttling:
Signals are limited to one every 10 bars to prevent excessive trading.
When all these conditions are met, the indicator outputs an entry signal for either a bullish or bearish trade.
This multi-filter approach aims to increase win rate by reducing false signals and aligning trades with strong, confirmed trends while filtering out noise.
3cfThis indicator identifies and signals the points of swing highs and swing lows on the price chart using an algorithm based on market structure. Local highs and lows are highlighted with a colored dot, making it easier to perform technical analysis and recognize trend reversals.
The indicator analyzes a predefined number of bars (e.g., 5 candles) to determine relative highs and lows:
Swing High (Local High) → The current candle has a higher high compared to the previous and subsequent candle.
Swing Low (Local Low) → The current candle has a lower low compared to the previous and subsequent candle.
When a candle meets one of these conditions, a visual dot is placed to indicate the potential reversal point.
IBS (Internal Bar Strength) Trading Strategy for SPY and NDQImplementation by AlgoTradeKit
Overview
The IBS Trading Strategy is a daily bars long-only trading system, based on the concept of Internal Bar Strength (IBS). The strategy aims to identify potential reversals by monitoring how the previous bar’s close positions itself within its high-low range. It is suitable for stock and US indices. The default parameters are optimized for SPY/SPX and NDQ/QQQ
Strategy Concept
The Internal Bar Strength (IBS) is calculated using the formula:
IBS = (Previous Close - Previous Low) / (Previous High - Previous Low)
This value always lies between 0 and 1. An IBS value below 0.2 is typically interpreted as an oversold condition, while a value above 0.9 suggests an overbought state.
Trading Rules
- Long Entry :
- Condition 1 : IBS is below the user-defined entry threshold (default is 0.2).
- Condition 2 : The current price is above an N-period Exponential Moving Average (EMA) (default period is 252).
- Note : You can disable the EMA condition by setting the EMA period to 0.
- Long Exit
- The position is closed when IBS rises above the user-defined exit threshold (default is 0.9).
Customization Options
- IBS Entry Threshold : Adjust to set the sensitivity for entering a long trade based on oversold conditions.
- IBS Exit Threshold : Customize to define the exit point when the market becomes overbought.
- EMA Period : Set the lookback period for the EMA to align with your trend bias; disable this condition by setting the period to 0.
Risk Management & Trading Considerations
- Designed for daily charts, the strategy captures higher timeframe trends and minimizes noise.
- The entry and exit conditions are straightforward, aiming to avoid over-trading while letting clear signals dictate trade management.
- Always use proper risk management techniques and test the strategy thoroughly on historical data and in a simulated environment before applying it in live markets.
Disclaimer
This strategy is for educational and informational purposes only and does not constitute financial advice. Trading involves risk, and past performance is not indicative of future results. Always conduct your own research and consider your risk tolerance before making any trades.
RSI and EMA crossover with big candlesThis TradingView indicator identifies big bullish and bearish candles using RSI, EMA crossovers, and wick analysis. It helps traders spot potential trend continuation or reversal points by labeling significant price movements and providing real-time alerts.
NOTE: THIS WORKS BEST ON 2 MINS TIME FRAME ONLY
Key Features:
✅ Big Candle Detection:
Detects large candles based on body size and recent price action.
Differentiates between bullish (green) and bearish (red) candles.
✅ Wick Analysis & RSI Filtering:
Ensures candles have relatively small wicks for stronger signals.
RSI confirmation:
Bullish signals require RSI above 59.
Bearish signals require RSI below 40.
✅ Candle Counting & Labeling:
Labels bullish and bearish candles with sequential numbers.
Adds PUTS and CALLS labels when an 8 EMA crosses the 21 EMA.
Adjusts label positioning for better visibility.
✅ Configurable Alerts for #2 Candle:
Alerts trigger when the second bullish or bearish candle is detected.
Users can enable/disable alerts from the script settings.
✅ EMA Crossover Signals:
Bullish crossover (8 EMA above 21 EMA): Displays a "CALLS" label below the candle.
Bearish crossover (8 EMA below 21 EMA): Displays a "PUTS" label above the candle.
Usage:
📊 Trend Confirmation: Use the big candle signals + EMA crossover for stronger trade setups.
🔔 Alerts: Get notified when the second big candle forms.
📉 Reversals & Continuation Patterns: Identify shifts in momentum early.
This script is perfect for traders looking for a clean and powerful price action-based indicator with automated alerts. 🚀
Morning RangeOverview
The Morning Range Indicator highlights the high and low of the market session from 6 AM to 10AM, providing key levels for potential breakout trades. The box dynamically updates in real-time, extending until 4 PM, and adjusts color based on price action.
This tool is ideal for traders looking to identify breakout opportunities and visualize key intraday price ranges.
How It Works
Session High & Low (6 AM - 10 AM)
The indicator tracks the highest high and lowest low within this time window.
Once 10 AM passes, the high and low are locked in and will not change.
Box Extends Until 4 PM
The session box remains visible throughout the trading day.
It provides a visual reference for potential breakout zones.
Dynamic Box Coloring
Gray (Neutral): Neither high nor low is broken.
Green: Only the high is broken before 4 PM.
Red: Only the low is broken before 4 PM.
Yellow: Both high and low are broken before 4 PM.
Live Updating Box
The box appears as soon as the session begins at 6 AM.
It dynamically updates the high and low until 10 AM.
Alerts for Breakouts
This indicator includes built-in alert conditions, so you can set up TradingView alerts without modifying the script.
Morning Range High Broken → Triggers when price breaks above the morning high.
Morning Range Low Broken → Triggers when price breaks below the morning low.
To set alerts:
Click the Alerts (⏰) icon in TradingView.
Select Condition → "Morning Range High Broken" or "Morning Range Low Broken".
Choose your preferred notification method (popup, email, webhook, etc.).
Click Create to activate the alert.
Who This Is For
✔ Intraday & Scalp Traders – Identify key breakout levels for short-term trades.
✔ Futures & Forex Traders – Works great for markets like NQ, ES, Gold, and FX pairs.
✔ Breakout & Reversal Traders – Use the high/low boundaries as support & resistance levels.
Customization
This indicator automatically updates every day and requires no manual input.
You can change alert settings via TradingView’s built-in alert system.
How to Use This Indicator
Watch for breakouts above/below the morning range as potential trade opportunities.
Combine with volume, momentum indicators, or footprint charts for confirmation.
Use the box color to visually assess whether price action is bullish (green), bearish (red), or ranging (gray).
FVG LevelsFVG Levels Indicator Description
The FVG Levels indicator dynamically identifies and displays key price zones that may represent fair value gaps and order block areas, helping traders to visually pinpoint potential support and resistance levels directly on the chart.
Key Features
Order Block Identification:
The indicator detects bullish and bearish order blocks by analyzing specific candle patterns. For bullish zones, it checks if a candle two bars ago was bullish (close greater than open) coupled with a subsequent gap condition. Similarly, bearish zones are identified when bearish candle conditions are met with an appropriate gap.
Dynamic Zone Calculation:
It computes critical levels such as the highest highs, lowest lows, highest lows, and lowest highs over a series of recent bars. These levels define the boundaries of potential buy and sell zones and adjust dynamically as new price data comes in.
Visual Representation:
Buy zones are plotted in lime and sell zones in yellow, with the indicator filling the areas between the high and low lines to create clear, shaded bands. This visual aid helps in quickly recognizing zones of potential price reaction.
Chart Overlay:
Designed to work as an overlay, the indicator integrates directly onto your price chart, allowing for seamless correlation between price action and identified zones.
How It Works
Bullish Zones:
When a bullish candle (with the candle's close above its open) is detected along with a significant gap, the indicator marks the upper and lower boundaries of the bullish order block. It further refines these levels by tracking the lowest low and highest high over recent bars to enhance the zone's definition.
Bearish Zones:
In a similar manner, the indicator calculates bearish order blocks by confirming bearish candle conditions and corresponding gap criteria. It then updates the bearish zone levels and computes the highest high and lowest low to establish clear sell zone boundaries.
Usage
Traders can use the FVG Levels indicator to:
Identify potential entry and exit points by observing where price may reverse or consolidate.
Recognize fair value gaps or imbalances that often act as magnet points for price action.
Enhance risk management by using the dynamically calculated zones to set stop-losses or take-profits.
18:00 Wick Gap Rectangles18:00 wick gaps, the upper and lower wick gaps are marked out on each 18:00 candle with a customization feature to have all 18:00 wick gaps spanning over a certain time period on your chart.
Candle Range-BarsThe Candle Range Bars indicator visually represents the range of each candlestick in either pips or ticks, depending on your preference. It plots vertical bars to show the size of each candle, making it easy to identify periods of high or low volatility. The indicator also displays the exact range value (in pips or ticks) above each bar, with customizable text size and color for better readability.
Key Features
Pips or Ticks Mode:
Choose to display the candle range in pips (for forex traders) or ticks (for other instruments).
Customizable Text:
Adjust the text color and text size (Tiny, Small, Normal, Large) to suit your chart style.
Clear Visuals:
Bars are colored green for bullish candles and red for bearish candles, making it easy to distinguish between up and down moves.
Flexible Use:
Ideal for analyzing volatility, identifying consolidation zones, and comparing candle ranges across different timeframes.
How to Use:
Add the indicator to your chart.
Customize the settings:
Choose between pips or ticks.
Adjust the text color and text size for the range values.
Observe the bars and their corresponding range values to analyze market volatility.
Why Use This Indicator?:
Simplify Range Analysis: Quickly see the size of each candlestick without manual calculations.
Customizable: Tailor the appearance to match your trading style.
Versatile: Works on any instrument and timeframe.
Settings:
Show Pips (Otherwise Ticks): Toggle between pips and ticks mode.
Text Color: Choose the color of the range value text.
Text Size: Select the size of the range value text (Tiny, Small, Normal, Large).
Ideal For:
Forex, stocks, commodities, and crypto traders.
Traders who focus on volatility and range analysis.
Anyone looking for a clear and customizable way to visualize candle ranges.
This description highlights the key features, benefits, and usability of your indicator, making it appealing to other TradingView members. Let me know if you'd like to tweak it further! 😊
AstroTrading_SpecialLevelsOverview
This Pine Script™ (version 5) indicator is designed to detect and mark key price levels using pivot points and Fibonacci extensions. It looks back over a user-defined number of bars to identify significant pivot highs and lows, then searches for specific patterns—either a bullish “dip–peak–dip” or a bearish “peak–dip–peak” formation. Once such a pattern is found, the script calculates Fibonacci-based levels (including STOP, Entry, and multiple target levels) and displays them on the chart with horizontal lines and labels.
Key Components
Input Parameters and Setup:
Bars Settings:
left_bars and right_bars define the number of bars to look left and right when calculating pivots.
lookback determines how many bars back (from the current bar) to search for potential pattern points.
Arrays for Pivot Points:
Two sets of arrays are created to store pivot lows and pivot highs along with their corresponding bar indices.
Pivot Point Calculation:
The script calculates pivot lows using ta.pivotlow(left_bars, right_bars) and pivot highs using ta.pivothigh(left_bars, right_bars).
When a valid pivot is detected (i.e. not na), its bar index (adjusted by right_bars) and value are pushed into the respective arrays.
Filtering by Lookback Period:
The code defines a start (bar_index - lookback) and end bar (bar_index - 1) to limit the search for pattern points.
It filters both pivot low and high arrays so that only points within this historical range are considered.
Pattern Detection – Bullish Formation (Dip–Peak–Dip):
The script searches for a sequence where:
Dip1: A pivot low is found.
Peak: A subsequent pivot high occurs after Dip1.
Dip2: A later pivot low occurs after the Peak.
Once these points are identified, it calculates the difference between the peak and the first dip.
It then creates arrays of Fibonacci multipliers ( ), corresponding level labels ("STOP", "Entry", "1. Target", "2. Target", "3. Target"), and associated colors.
For each multiplier, the price level is computed using the formula:
priceLevel = dip2 + (peak – dip1) × multiplier
Horizontal lines are drawn at these price levels (extending to the right), and labels are placed to show both the level name and its numeric value.
Pattern Detection – Bearish Formation (Peak–Dip–Peak):
If no bullish sequence is found, the script then looks for the opposite pattern:
Peak1: A pivot high.
Dip: A subsequent pivot low after Peak1.
Peak2: A later pivot high after the Dip.
The difference is computed as:
diff = peak1 – dip
Using the same Fibonacci multipliers and labels, the price level is now calculated as:
priceLevel = peak2 – diff × multiplier
Lines and labels are drawn similarly to indicate STOP, Entry, and multiple target levels.
Fallback:
If neither bullish nor bearish patterns are found within the lookback period, the script creates a label on the chart to inform the user that no valid sequence was detected.
Trading Implications
By identifying these patterns and plotting Fibonacci extension levels, the indicator provides traders with potential areas for:
Stops: Price levels where a reversal might occur.
Entry Points: Levels at which to consider initiating a trade.
Targets: One or more levels for taking profits.
Traders can use these levels in conjunction with other technical analysis tools to help time entries and exits more effectively.
This explanation is written to meet TradingView’s guidelines by clearly detailing each part of the script and its purpose without unnecessary commentary.
AstroTrading_DragonCombine1. Table Setup and User Inputs
Table Position and Font Size:
The script begins by asking the user to select a table position (e.g. Top Right) and a font size (Small, Medium, Large, Huge) via input options.
pinescript
Kopyala
positionInput = input.string("Sağ Üst Köşe", title="Tablo Konumu", options= )
fontSizeInput = input.string("Orta", title="Yazı Punto Büyüklüğü", options= )
Table Creation:
A table is created using table.new with 6 rows and 4 columns. The location of the table is determined by the selected input. This table will later display the name, entry, target, and stop levels for each of the five strategies.
2. Variable Declarations
The script defines several persistent variables to store levels for each indicator. These include:
Entry, target, and stop levels for each of the five sub-indicators (labeled as _1, _2, _3, _4, and _5).
Examples include targetLevel_1, fibLow_1, lastEntry_1, lastTarget_1, etc.
3. Indicator 1 – AstroTrading_AlphaBalance
Logic:
This part examines the previous candle’s high and low to compute its range. It then defines two conditions:
conditionUp_1: When the current close exceeds the previous high by at least 50% of the previous range.
conditionDown_1: When the current close falls below the previous low by 50% of the previous range.
Action:
Depending on whether the move is upward or downward, the script sets:
For an upward move:
fibLow_1 is set to the current low.
The entry level is taken as the current high.
The target is computed by taking the high and subtracting –0.786 times the range (this negative multiplier inverts the move).
The stop is set at the previous low.
For a downward move, similar logic applies with reversed roles.
Purpose:
This module generates a primary signal (AlphaBalance) based on extreme candle movements relative to the prior candle’s range.
4. Indicator 2 – AstroTrading_CandleElongation
Higher Timeframe Data:
The script uses the request.security function to obtain high, low, close, and open values from a user-specified timeframe.
Fibonacci Extension Calculation:
A function fiboExtension calculates two Fibonacci extension levels (approximately 0.786 and 1.618 multipliers) based on three price points.
Signal Conditions:
It checks if the previous candle (two bars ago) meets certain criteria relative to its open, and if the current candle’s close confirms an elongation move.
Output:
If conditions are met, the script sets:
candleEntry_2 to the lower Fibonacci level,
candleTarget_2 to the higher Fibonacci extension,
candleStop_2 to the current low (for a bullish setup) or high (for bearish).
Purpose:
This sub-indicator looks to capture significant candle elongation moves by using Fibonacci extension levels to define entry, target, and stop.
5. Indicator 3 – AstroTrading_FlaGama
Similar to a Flag Formation:
Like the previous “FlaGama” indicator, it checks if the current close is more than 50% beyond the previous candle’s high (conditionUp_3) or below the previous low (conditionDown_3).
Bar Coloring:
If either condition is met, the bar is colored orange to signal an extreme move.
Signal Generation:
Depending on the move’s direction:
Bullish Setup:
Calculates a Fibonacci level at 78.6% from the current low to high.
Sets the entry at this Fibonacci level.
The target is computed by adding the difference between the current high and the Fibonacci level to the current high.
The stop is set at the current low.
Bearish Setup:
Mirrors the Fibonacci calculation to derive a level for short entry.
The target is set below the current low, and the stop is at the current high.
Purpose:
The FlaGama section provides confirmation signals when extreme moves occur, helping traders decide on potential reversals.
6. Indicator 4 – AstroTrading_HermDown
EMA Crossover:
An EMA (111-period) is calculated. A crossover of the EMA above the close triggers a “kesilme” (cutoff) event.
First Candle Identification:
Once a crossover is detected, the next candle’s close is monitored. If that candle’s close remains below the cutoff level, it is considered the “first candle” of the HermDown setup.
Fibonacci Retracement:
It then calculates the highest high over the last 30 bars and derives a target level (fibNeg0618_4) at about 48.6% retracement from that high.
Signal Levels:
The entry is the cutoff close, the target is the calculated Fibonacci level, and the stop is the low of the cutoff candle.
Purpose:
This module aims to capture bearish reversals (HermDown) when the price drops sharply below an EMA, using Fibonacci retracement as a guide.
7. Indicator 5 – AstroTrading_HermUp
EMA Crossunder:
Similarly, an EMA (111-period) is used. A crossunder (EMA crossing below the close) signals a potential bullish reversal.
First Candle Confirmation:
The next candle’s close is checked to confirm the move.
Fibonacci Level:
A Fibonacci extension (approximately 61.8% of the distance from the cutoff close to the high) is computed to serve as the target.
Signal Levels:
The entry is set at the cutoff close, the target is the Fibonacci level, and the stop is set at the low.
Purpose:
This section captures bullish reversal signals (HermUp) when the price moves above an EMA.
8. Displaying Levels in a Table
Aggregating Data:
The script gathers the entry, target, and stop levels from all five sub-indicators.
Table Layout:
The table displays five rows (one for each indicator) with four columns:
Indicator name (e.g., “AlphaBalance”, “CandleElongation”, “FlaGama”, “HermDown”, “HermUp”)
Entry level
Target level
Stop level
Color Coding:
Entry cells have a blue background.
Target cells are colored green if above the current close or red if below.
Stop cells are given a gray background.
Purpose:
This consolidated view allows traders to quickly assess all key levels from different strategies on the chart.
Summary
The “AstroTrading_DragonCombine” indicator is a multi-faceted tool that merges five distinct trading setups into one comprehensive display. Each sub-indicator utilizes a unique method—ranging from extreme candle moves and Fibonacci extensions to EMA crossovers—to determine entry, target, and stop levels. These levels are then neatly summarized in a table overlay on the chart. By combining these approaches, traders can gain a broader perspective on market conditions and potential reversal points, enhancing their decision-making process while adhering to sound risk management principles.
This explanation is written to meet TradingView’s script publication standards, providing a clear, objective, and detailed overview of the indicator’s functionality and logic.
AstroTrading_FlaGamaOverview
This Pine Script™ indicator (version 5) is designed to detect a specific “flag formation” pattern based on aggressive price movements relative to the previous candle’s range. When the current candle’s closing price deviates significantly—by at least 50% of the previous candle’s range—above its high or below its low, the script marks the bar in orange. It then attempts to identify a confirmation pattern when a subsequent (second) orange candle appears, and based on the relationship between the closes of the two orange candles, it dynamically plots Fibonacci-based levels along with entry, stop, and target signals for potential long or short trades.
Key Components and Logic
Previous Candle Data Calculation:
prevHigh and prevLow:
The script captures the high and low of the previous bar (high and low ).
prevRange:
The range of the previous candle is computed as the difference between prevHigh and prevLow. This range is later used to calculate the threshold for a significant move.
Defining Significant Price Movements (Orange Bars):
conditionUp:
This condition checks if the current candle’s close is greater than the previous candle’s high plus 50% of the previous range. When true, it indicates a strong bullish move (a “green” scenario, but the indicator colors the bar orange to highlight the extreme move).
conditionDown:
Similarly, this condition checks if the current candle’s close is lower than the previous candle’s low minus 50% of the previous range. When true, it signals a strong bearish move.
barcolor:
If either condition is met, the script colors the bar orange. This visual cue allows traders to easily identify candles that have moved beyond the typical range of the prior session.
Tracking “Orange” Candles:
The script uses persistent (var) variables to store data from the first detected orange candle:
prevOrangeClose, prevOrangeLow, prevOrangeHigh: These hold the closing, low, and high values of the first extreme (orange) candle.
secondOrangeExists: A Boolean flag that is set to true once an orange candle is recorded.
Confirmation and Fibonacci Level Calculation:
When a new (second) orange candle is detected (i.e., when the current candle meets the condition and the flag secondOrangeExists is true), the script differentiates between two scenarios:
Bullish Confirmation (Long Setup):
Condition: The current candle’s close is higher than the first orange candle’s close.
Fibonacci Calculation:
The script calculates a Fibonacci retracement level at 78.6% (0.786) of the range between the current high and low. This level is considered as a potential long entry level.
Visual Elements:
A green dotted line is drawn at the Fibonacci level.
A long target line is plotted above the current high by the distance between the current high and the first orange candle’s low.
Labels are added to indicate the “LONG TARGET,” “LONG STOP” (placed at the first orange candle’s low), and “LONG Entry Level” (the Fibonacci level).
Bearish Confirmation (Short Setup):
Condition: The current candle’s close is lower than the first orange candle’s close.
Fibonacci Calculation:
In this case, the Fibonacci level is calculated in a mirrored manner (using –0.786), suggesting a short entry level.
Visual Elements:
A red dotted line is drawn at the calculated Fibonacci level.
A short target line is plotted below the current low by the distance between the first orange candle’s high and the current low.
Labels are added for “SHORT TARGET,” “SHORT STOP” (placed at the first orange candle’s high), and “SHORT Entry Level.”
Resetting the Indicator State:
If a candle does not meet the extreme move criteria (i.e., not orange), the flag secondOrangeExists is reset. This ensures that the indicator only considers consecutive extreme moves for generating trade signals.
Trading Strategy Implications
This indicator is designed to capture extreme moves that may lead to sharp reversals (either a short squeeze in a bullish scenario or a long squeeze in a bearish one). By:
Highlighting Price Extremes:
The orange bar color quickly alerts traders to significant deviations from the previous candle’s range.
Confirming with Consecutive Moves:
The use of a second extreme candle as a confirmation helps filter out false signals.
Employing Fibonacci Levels:
The dynamic Fibonacci level serves as a logical entry point, while the first extreme candle’s high or low acts as a stop-loss reference. A target level is also plotted based on the measured move.
Traders can integrate this setup into a broader risk management and technical analysis framework to time entries and exits more effectively.
Compliance with TradingView Script Publishing Rules
This explanation adheres to TradingView’s guidelines by clearly stating the functionality, describing each component and its purpose, and ensuring that the explanation is objective, detailed, and does not include promotional language. The script itself is annotated with comments (in both English and Turkish) and uses standard Pine Script™ functions (e.g., indicator(), line.new(), label.new(), etc.) to maintain clarity and reproducibility.
This detailed explanation should help traders understand how the “AstroTrading_FlaGama” indicator works, how it generates signals, and how it might be integrated into a comprehensive trading strategy.
MH Strategy – Hull Moving Average-Based Trading StrategyThe MH Strategy is a TradingView strategy that leverages the Hull Moving Average (HullMA) to generate precise buy and sell signals. This strategy is designed to identify trend reversals and momentum shifts using a combination of weighted moving averages and HullMA-based calculations.
Key Features:
✅ Hull Moving Average-Based Signals – Uses a modified HullMA calculation to detect trend changes.
✅ Dynamic Support & Resistance – The strategy plots adaptive levels that act as dynamic entry and exit points.
✅ Trend-Based Entries & Exits – Generates long (buy) signals when the price moves above the calculated Hull retraction level and short (sell) signals when the price moves below it.
✅ Automated Trade Execution – Integrates with TradingView’s strategy function to open and close trades automatically based on signal conditions.
✅ Customizable Parameters – Allows users to adjust the HullMA period and price data source to optimize performance across different markets and timeframes.
How It Works:
HullMA Calculation: The strategy calculates a smoothed Hull Moving Average (HullMA) using a two-step weighted moving average method.
Trend Confirmation: The difference between the HullMA values helps determine trend direction and retraction levels.
Entry Conditions:
A buy signal is generated when the price is above the retraction level, and the previous price confirms the trend.
A sell signal is triggered when the price is below the retraction level with trend confirmation.
Exit Conditions:
The strategy closes long trades when the price drops below a threshold.
It closes short trades when the price rises above a set level.
Ideal Use Cases:
🔹 Swing & trend traders looking for momentum-based entries and exits.
🔹 Traders aiming for reduced lag compared to traditional moving averages.
🔹 Markets with strong price trends, such as forex, stocks, and crypto.
Try the MH Strategy and enhance your trading decisions with a refined HullMA-based trend detection system! 🚀
Electronic Trading Hours Session/CandlesThis indicator visually distinguishes the electronic trading session, spanning from the prior day's close (e.g., 5:00 PM EST) through the overnight period until the next day's opening bell (e.g., 9:30 AM EST).
It can be customized to highlight this period with a shaded zone or colored candles depending on the trader’s preference.
The overnight levels that create the opening range gap often act as critical zones of liquidity.
The indicator provides a clear visual cue of potential price magnets that smart money (institutional traders) may target during the opening bell session to trigger liquidity sweeps.
Enhanced Doji Candle StrategyYour trading strategy is a Doji Candlestick Reversal Strategy designed to identify potential market reversals using Doji candlestick patterns. These candles indicate indecision in the market, and when detected, your strategy uses a Simple Moving Average (SMA) with a short period of 20 to confirm the overall market trend. If the price is above the SMA, the trend is considered bullish; if it's below, the trend is bearish.
Once a Doji is detected, the strategy waits for one or two consecutive confirmation candles that align with the market trend. For a bullish confirmation, the candles must close higher than their opening price without significant bottom wicks. Conversely, for a bearish confirmation, the candles must close lower without noticeable top wicks. When these conditions are met, a trade is entered at the market price.
The risk management aspect of your strategy is clearly defined. A stop loss is automatically placed at the nearest recent swing high or low, with a tighter distance of 5 pips to allow for more trading opportunities. A take-profit level is set using a 2:1 reward-to-risk ratio, meaning the potential reward is twice the size of the risk on each trade.
Additionally, the strategy incorporates an early exit mechanism. If a reversal Doji forms in the opposite direction of your trade, the position is closed immediately to minimize losses. This strategy has been optimized to increase trade frequency by loosening the strictness of Doji detection and confirmation conditions while still maintaining sound risk management principles.
The strategy is coded in Pine Script for use on TradingView and uses built-in indicators like the SMA for trend detection. You also have flexible parameters to adjust risk levels, take-profit targets, and stop-loss placements, allowing you to tailor the strategy to different market conditions.
MMM MARKET CHAOS TO CLARITY INTELLIGENCE @MaxMaserati# MMM MARKET CHAOS TO CLARITY INTELLIGENCE
## Overview
The MMM MARKET CHAOS TO CLARITY INTELLIGENCE (MMM AI Pro) by MaxMaserati is a sophisticated multi-factor analysis tool that provides comprehensive market insights through a unified dashboard. This system integrates several proprietary components to detect market conditions, trends, and potential reversals.
At its core, this indicator is designed to bring clarity to market complexity by identifying meaningful patterns and establishing order within what often appears as random market chaos
The MMM Intelligence Matrix accomplishes this through its multi-layered approach:
- The MMPD system quantifies market conditions on a clear 0-100 scale, transforming complex price movements into actionable premium/discount levels
- The proprietary candle analysis (MMMC Bias) identifies specific patterns with predictive value
- The integration of volume, momentum, and multi-timeframe analysis creates a comprehensive market context
- The Hot/Cold classification system helps traders distinguish between sustainable moves and overextended conditions
What makes this indicator particularly valuable is how it synthesizes multiple technical factors into clear visual signals and classifications. Instead of leaving traders to interpret numerous conflicting indicators, it presents an organized dashboard of market conditions with straightforward action zones.
## Core Components
### MMPD (Max Maserati Premium and Discount)
- Normalizes price movement on a 0-100 scale:
- **Premium (>50)**: Bullish conditions
- **Discount (<50)**: Bearish conditions
- **Extreme values (>90 or <10)**: Potential reversal zones
### MMMC (Max Maserati Model Candle) Bias
- Analyzes candle patterns to predict behavior:
- **Bullish/Bearish Body Close**: Price closes beyond previous candle's high/low
- **Bullish/Bearish Affinity**: Shows tendency toward continuation
- **Seek & Destroy**: Tests previous levels then breaks in new direction
- **Close Inside**: Closes within previous candle's range with directional bias
- **Plus/Minus**: Indicates slight tendency toward bulls/bears
### PC Strength (Previous Candle Strength)
- Measures percentage power of recent candlesticks
- Analyzes strength across multiple previous candles (PC1, PC2, PC3)
### MVM (Market Volatility Momentum)
- Adaptive moving averages system analyzing multiple timeframes:
- **Short context (8 bars)**: Immediate direction
- **Medium context (21 bars)**: Intermediate validation
- **Long context (55 bars)**: Primary trend confirmation
- **Higher timeframe**: Additional confirmation
### Volume Intelligence System
- Adaptive algorithm comparing current volume to 20-period average
- Identifies significant volume events and thresholds
### Hot/Cold Momentum Classification
- **Strong Bullish/Bearish (Hot)**: Potentially overextended
- **Strong Bullish/Bearish (Cold)**: Strong with room to continue
- **Bullish/Bearish Momentum**: Clear directional bias
- **Mild Bullish/Bearish**: Weak directional bias
### HVC (Highest Volume Candles) Detection
- Triangle markers and sequential stars indicate significant volume-confirmed movements
- Signals potential trend changes and continuation setups
## Dashboard Interface
The customizable dashboard displays:
1. **MMMC Bias**: Candle pattern analysis and direction
2. **Delta MA**: Buy/sell pressure with directional arrows
3. **PC Strength**: Percentage strength of previous candles
4. **Current Trend**: Overall market bias state
5. **MMPD Bias**: Premium/discount context
6. **Short/Medium/Long Term**: Price change percentages
7. **Trend Quality**: Reliability rating
8. **Volume Strength**: Classification (High/Medium/Low)
9. **MMPD Values**: Current level with direction indicator
10. **HTF Trend**: Higher timeframe confirmation
11. **Trend Strength**: Overall momentum measurement
12. **Action Zone**: Trading zone classification
13. **Momentum Strength**: Hot/Cold status
## MMPD Value Classifications
- **EXTREME PREMIUM (>90) ⚠️**: Extremely overbought
- **HIGH PREMIUM (80-90) ↗**: Strong bullish (caution)
- **PREMIUM (65-80) ↗**: Healthy bullish zone
- **LIGHT PREMIUM (50-65) →**: Mild bullish territory
- **LIGHT DISCOUNT (35-50) →**: Mild bearish territory
- **DISCOUNT (20-35) ↘**: Healthy bearish zone
- **HIGH DISCOUNT (10-20) ↘**: Strong bearish (caution)
- **EXTREME DISCOUNT (<10) ⚠️**: Extremely oversold
## Action Zone Classifications
- **MASSIVE BUY/SELL ZONE ★★★**: Very strong bias (Strength >5.0)
- **STRONG BUY/SELL ZONE ★★**: Strong bias (Strength >3.0)
- **MEDIUM BUY/SELL ZONE ★**: Moderate bias (Strength >2.0)
- **LIGHT BUY/SELL ZONE ⋆**: Mild bias (Strength >1.0)
- **SUPER LIGHT BUY/SELL ZONE ·**: Weak bias (Strength <1.0)
- **NEUTRAL ZONE**: No clear directional bias
## Visual Signals
1. **Triangle Markers**: HVC system directional signals (up/down)
2. **Sequential Stars (★)**: Advanced confirmation signals following trend changes
3. **High Volume Highlighting**: Optional candle emphasis for volume events
## Entry Conditions
### Strong Buy Setup
- MMPD Values: PREMIUM or LIGHT PREMIUM
- Hot/Cold Status: "⚠️ Strong Bullish (Cold)" or "↗️ Bullish Momentum"
- Action Zone: MASSIVE or STRONG BUY ZONE
- Volume Strength: High or Medium
- Current Trend: Strong Bullish or Bullish
### Strong Sell Setup
- MMPD Values: DISCOUNT or LIGHT DISCOUNT
- Hot/Cold Status: "⚠️ Strong Bearish (Cold)" or "↘️ Bearish Momentum"
- Action Zone: MASSIVE or STRONG SELL ZONE
- Volume Strength: High or Medium
- Current Trend: Strong Bearish or Bearish
## Exit Conditions
### Exit Long Positions When
- Hot/Cold Status changes to "⚠️ Strong Bullish (Hot)" or "↘️ Bearish Momentum"
- MMPD Values shows EXTREME PREMIUM or HIGH PREMIUM
- Action Zone changes to NEUTRAL ZONE or any SELL ZONE
- Current Trend shows "Bearish Reversal" or "Exiting Overbought"
### Exit Short Positions When
- Hot/Cold Status changes to "⚠️ Strong Bearish (Hot)" or "↗️ Bullish Momentum"
- MMPD Values shows EXTREME DISCOUNT or HIGH DISCOUNT
- Action Zone changes to NEUTRAL ZONE or any BUY ZONE
- Current Trend shows "Bullish Reversal" or "Exiting Oversold"
## Position Sizing Guidelines
- **Full Position (100%)**: Action Zone ★★★/★★, normal momentum, High volume
- **Reduced Position (50-75%)**: "Cold" signal, Action Zone ★, Medium volume
- **Small Position (25-50%)**: Action Zone ⋆, Medium/Low volume, mixed signals
- **No Position**: "Hot" signal, NEUTRAL zone, Low volume
## Special Trade Setups
### Reversal Setups
- **Bullish Reversal**: Transition from EXTREME DISCOUNT, Hot→Cold change, emerging buy signal, high volume
- **Bearish Reversal**: Transition from EXTREME PREMIUM, Hot→Cold change, emerging sell signal, high volume
### Continuation Setups
- **Bullish Continuation**: PREMIUM range, "Cold" signal, strong volume, timeframe alignment, clear Action Zone
- **Bearish Continuation**: DISCOUNT range, "Cold" signal, strong volume, timeframe alignment, clear Action Zone
## Sequential Stars System
- **Sequential Buy Signal**: Bullish star after bearish trend, volume confirmation
- **Sequential Sell Signal**: Bearish star after bullish trend, volume confirmation
## Best Practices
- Check multiple timeframes (prioritize when all align)
- Validate with volume (High >2.5x, Medium >1.2x)
- Assess trend quality (Strong ★★★, Confirmed ★★, Warning ⚠, Transition ↕)
- Handle inside bars/consolidation with additional confirmation
## Technical Considerations
- Based on closed candles for calculations
- Requires reliable volume data
- Higher sensitivity settings may produce more frequent signals
- Extreme readings indicate potential turning points
- Sequential stars require proper trend changes for activation
## Indicator Applicability
- **Markets**: Forex, Crypto, Stocks, Futures, Commodities
- **Timeframes**: 1H+ recommended, 4H/Daily for primary analysis
*Intended for use with the full MMM system. Trading decisions require proper knowledge and risk management.*
Black Tie Report FrameworkThe Black Tie Report Framework indicator is a market structure and bias analysis tool designed to provide traders with key price levels, session insights, and trend classification.
Key Features:
- Daily Separators: Automatically marks the start of each trading day for better session tracking.
- Bias Framework: Allows users to set a custom timeframe (e.g., daily, weekly, or monthly) to establish bullish, bearish, or neutral bias based on price action.
- Session Markers: Highlights key trading sessions such as Asia, London, and New York to identify volume shifts.
- Liquidity Levels: Plots significant highs and lows from different timeframes, helping traders focus on key liquidity zones.
- Automated Trend Identification: Uses predefined conditions to classify market direction and potential reversal points.
This framework is useful for traders looking to integrate objective market structure analysis into their strategy, eliminating noise and providing clear, actionable price levels for decision-making.
Shark 32 Pattern ProHello Traders!
The Shark32 pattern comprises multiple inside bars —each candle’s high/low is contained within the previous candle’s range—creating a tight consolidation zone. Once price breaks out, volatility frequently expands, producing sharper moves. The pattern is known for its relatively high continuation rate and the ability to offer tight risk/reward setups. It also calculates statistics, highlights stop/target levels, and offers fully customizable visuals so you can adapt the tool to your trading style.
Key Features :
Detects Shark 32 With Unlimited Inside Bars:
Automatically spots consecutive inside candles (not limited to just two), enabling you to catch more nuanced patterns.
Highlights Breakout:
Clear visual lines and labels mark where price breaks above/below the pattern boundary.
Stop-Loss & Profit Targets:
Draws a suggested stop-loss line and a projected target line, helping you manage risk and set profit objectives quickly.
Statistics & Analysis:
A built-in statistics table tracks pattern frequency, breakouts, stop-hits, target-hits, and more—helping you refine your strategy over time.
Fully Customizable Visuals:
Control line styles, colors, breakout labels, box fill, and more to fit your preference or chart theme.
Quick Resolutions:
This pattern forms fast and typically resolves within just a few bars, appealing to short-term traders.
Statistics at a Glance (based on Bulkowski's studies):
Continuation Bias : ~60% continuation bias.
Measured Move : 70%+ of bullish breakouts (in bull markets) reach the measured move.
Throwback : ~64% chance price retraces to the breakout level after an upside break.
Trend Alignment : Historically, success rates improve when trading in line with the larger trend.
How to Trade with This Indicator :
Identifying the Pattern : Wait till a Shark 32 pattern is formed.
Entry Rule : Enter on a confirmed close above the pattern high (for bullish) or below the pattern low (for bearish).
Stop Placement : Place stops a few ticks beyond the opposite side of the pattern. Tight ranges = small risk. Or use the mid-range of the pattern as a stop level.
Target Options : Aim for Risk/Reward Ratio of 2R or 3R to capture a strong follow-through. Alternatively, use the measured move of the first bar's height as a target.
Tips for Better Reliability:
Trend Alignment : Shark 32 breakouts usually work best in the direction of the broader market or trend.
Confirmation : Look for a significant volume increase at the breakout—helps filter out “fake” moves.
Throwback Awareness : ~64% of upside breakouts retest the pattern boundary; stay patient if you see a pullback.
Risk Management : Maintain tight stops and consider using alerts for activation/breakout signals.
Why This Indicator?
Clear Visuals : Highlights the pattern boundary, breakout lines, and potential stop/target levels.
Customizable : Lets you adjust line styles, risk parameters, alerts, and statistics display.
Statistical Edge : Built-in table aggregates pattern counts, success/failure rates, and average durations.
Final Thoughts:
This Shark 32 Pro indicator gives you a systematic way to spot—and trade—a compact yet powerful three-candle formation. Combine it with solid risk management and trend analysis for best results. Monitor volume and confirm breakouts with a candle close beyond the pattern’s range. While the pattern can fail, tight stops and clear targets help keep your trading efficient and disciplined.
LineReg Candles with Hma filterOverview
Purpose:
The indicator creates “LinReg Candles” by recalculating OHLC values using linear regression (to smooth out noise) and overlays additional features such as a customizable signal line and an HMA (Hull Moving Average) filter for trend detection. It also plots buy/sell signals and supports alerts.
Customization:
Users can adjust settings for signal smoothing (choosing SMA, EMA, or WMA), HMA periods (preset for Scalping/Intraday or custom values), linear regression length, colors, display options, and alert messages. Inputs are organized into groups for clarity.
Input Definitions
Signal Settings:
signal_length and smoothingType define the period and method used to smooth the close price, creating a signal line.
HMA Filter Settings:
A dropdown (t_type) lets you choose between Scalping, Intraday, or Custom. Based on this, three HMA periods (hma1, hma2, hma3) are set either to fixed values or user-defined custom inputs.
LinReg Settings:
Users can toggle linear regression for OHLC values (lin_reg) and set its period (linreg_length) to reduce price noise.
Color and Display Settings:
These control the colors for buy/sell candles, default bullish/bearish candles, markers, and background highlighting. Display toggles decide whether to show the background, signal line, HMA filter, and the recalculated candles.
Alert and Plot Customization:
Alerts can be enabled with custom messages. Additionally, line width and transparency for the plotted signal and HMA lines are adjustable.
Function Definitions
calcOHLC Function:
Computes OHLC values using linear regression if enabled. Otherwise, it returns the raw price values. This helps in reducing noise.
calcSignalLine Function:
Applies the chosen moving average (SMA, EMA, or WMA) to smooth the recalculated close values and generate a signal line.
getBaseCandleColor Function:
Determines the candle’s base color. It assigns buy/sell colors if specific crossover conditions are met; if not, it defaults to bullish (green) or bearish (red) based on the open/close relationship.
HMA Filter Calculations
HMA Computation:
The script calculates three HMAs (ma1, ma2, ma3) for different periods.
Trend Determination:
It sets a bullish condition (bcn) when ma3 is lower than both ma1 and ma2 with ma1 above ma2. Conversely, a bearish condition (scn) is set when ma3 is higher and the order of the HMAs indicates a downtrend.
Color Coding:
The HMA filter line color changes dynamically (green for bullish, red for bearish) based on these conditions.
Main Calculations
LinReg Candles:
Using the calcOHLC function, the script calculates the new open, high, low, and close values that reduce price noise.
Signal Line:
The signal line is computed on the basis of the smoothed close values using the selected moving average.
Buy/Sell Conditions:
Initial conditions are determined by checking if the recalculated close price crosses over (buy) or under (sell) the signal line.
The base candle color is then adjusted: if the HMA filter confirms the trend (bullish for buy or bearish for sell), the respective buy/sell colors are enforced.
A change in candle color compared to the previous bar triggers a buy or sell signal.
Plotting and Alerts
Visual Elements:
Background: Highlights the chart with a custom color when buy or sell conditions are met.
HMA Filter Line: Plotted (if enabled) with the dynamic color determined earlier.
Candles: The recalculated LinReg candles are drawn with colors based on the combined conditions.
Signal Line: Plotted over the candles with adjustable transparency and width.
Markers: Buy and sell markers are added to visually indicate signal points on the chart.
Alerts:
Alert conditions are set to trigger with predefined messages when a buy or sell signal is generated.
Modularity & Flexibility:
The code is structured with modular functions and clear grouping of inputs, making it highly customizable and user-friendly for open-source TradingView users.
Important how to track the real price on chart:
Locate the Chart Type Menu:
At the top of your TradingView chart, you’ll see a button showing the current chart type (likely a candlestick icon).
Select “Line” from the Dropdown:
Click that button and choose “Line” in the dropdown menu. This changes the main chart to a line chart of the real price.
Screenshots:
Volatility-Driven CandleThis indicator identifies and highlights "volatility-driven candles" on a price chart, based on their body size relative to market volatility. It calculates the Average True Range (ATR) over a 14-period window to measure volatility. A candle is considered "volatility-driven" if its body (the difference between the close and open prices) exceeds a user-defined threshold, which is specified as a multiple of the ATR.
The script distinguishes between bullish and bearish volatility-driven candles:
Bullish volatility-driven candles (where the close is greater than the open) are marked with a blue label.
Bearish volatility-driven candles (where the close is less than the open) are marked with an orange label.
Additionally, the background color of the chart is shaded:
Blue for bullish volatility-driven candles.
Orange for bearish volatility-driven candles.
This script helps traders easily spot significant price movements relative to volatility, highlighting potential reversal points based on candle body size.
Intrabar Volume Distribution [BigBeluga]Intrabar Volume Distribution is an advanced volume and order flow indicator that visualizes the buy and sell volume distribution within each candlestick.
🔔 Before Use:
Turn off the background color of your candles for clear visibility.
Overlay the indicator on the top layout to ensure accurate alignment with the price chart.
🔵 Key Features:
Inside Bar Volume Visualization:
Each candlestick is divided into two columns:
Left column displays the sell % volume amount.
Right column displays the buy % volume amount.
Provides a clear representation of buyer-seller activity within individual bars.
Percentage Volume Labels:
Labels above each bar show the percentage share of sell and buy volume relative to the total (100%).
Quickly assess market sentiment and volume imbalances.
Point of Control (POC) Levels:
Orange dashed lines mark the POC inside each bar, indicating the price level with the highest traded volume.
Helps identify key liquidity zones within individual candlesticks.
Multi-Timeframe Volume Analysis:
The indicator automatically uses a timeframe 20-30 times lower than the current one to gather detailed volume data.
For each higher timeframe candle, it collects 20-30 bars of lower timeframe data for precise volume mapping.
Each bar is divided into 100 volume bins to capture detailed volume distribution across the price range.
Bins are filled based on the aggregated volume from the lower timeframe data.
Lookback Period:
Allows traders to select how many bars to display with delta and volume information.
The beginning of the selected lookback period is marked with a gray line and label for quick reference.
Indicator displays up to 80 bars back
🔵 Usage:
Order Flow Analysis: Monitor buy/sell volume distribution to spot potential reversals or continuations.
Liquidity Identification: Use POC levels to locate areas of strong market interest and potential support/resistance.
Volume Imbalance Detection: Pay attention to percentage labels for quick recognition of buyer or seller dominance.
Scalping & Intraday Trading: Ideal for traders seeking real-time insight into order flow and volume behavior.
Historical Analysis: Adjust the lookback period to analyze past price action and volume activity.
Intrabar Volume Distribution is a powerful tool for traders aiming to gain deeper insight into market sentiment through detailed volume analysis, allowing for more informed trading decisions based on real-time order flow dynamics.
