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Volume Cluster Support and Resistance Levels [QuantAlgo]🟢 Overview This indicator identifies statistically significant support and resistance levels through volume cluster analysis, isolating price zones characterized by elevated trading activity and institutional participation. By quantifying areas where volume concentration exceeded historical norms, it reveals price levels with demonstrated supply-demand imbalances that exhibit persistent influence on subsequent price action. The methodology is asset-agnostic and timeframe-independent, applicable across equities, cryptocurrencies, forex, and commodities from intraday to weekly intervals. 🟢 Key Features 1. Support and Resistance Levels The indicator scans historical price data to identify bars where volume exceeds a user-defined threshold multiplier relative to the rolling average. For each qualifying bar, a representative price is calculated using the average of high, low, and close. Proximate price levels within a specified percentage range are then aggregated into discrete clusters using volume-weighted averaging, eliminating redundant signals. Clusters are ranked by cumulative volume to determine statistical significance. Finally, the indicator plots horizontal levels at each cluster price: support levels (green) below current price indicate zones where historical buying pressure exceeded selling pressure, while resistance levels (red) above current price mark zones where sellers historically dominated. These levels represent areas of established liquidity and price discovery, where institutional order flow previously concentrated. The Touch Count (T) metric quantifies historical price interaction frequency, while Total Volume (TV) measures aggregate trading activity at each level, providing objective criteria for assessing level strength and trade execution decisions. 2. Volume Histogram A histogram appears below the price chart, displaying relative volume for each bar within the lookback period, with bar height scaled to the maximum volume observed. Green bars represent up-periods (close > open) indicating buying pressure, while red bars show down-periods (close < open) indicating selling pressure. This visualization helps you confirm the validity of support/resistance levels by seeing where volume actually spiked, identify accumulation/distribution patterns, and validate breakouts by checking if they occur on above-average volume. 3. Built-in Alerts Automated alerts trigger when price crosses below support levels or breaks above resistance levels, allowing you to monitor multiple assets without constant chart-watching. 4. Customizable Color Schemes The indicator provides four preset color configurations (Classic, Aqua, Cosmic, Custom) optimized for visual clarity across different charting environments. Each scheme maintains consistent color mapping for support and resistance zones across both level lines and volume histogram components. The Custom configuration permits full color specification to accommodate individual charting setups, ensuring optimal visual contrast for extended analysis sessions. Classic: Aqua: Cosmic: Custom: 🟢 Pro Tips → Trade entry optimization: Execute long positions at support levels with high touch counts or upon confirmed resistance breakouts accompanied by above-average volume → Risk parameter definition: Position stop-loss orders near identified support/resistance zones with statistical significance to minimize premature exits → Breakout validation: Require volume confirmation exceeding historical average when price penetrates resistance to filter false breakouts → Level strength assessment: Prioritize levels with higher touch counts and total volume metrics for enhanced probability trade setups → Multi-timeframe confluence: Synthesize support/resistance levels across multiple timeframes to identify high-conviction zones where daily support aligns with 4-hour resistance structures
Pine Script® indicator
by QuantAlgo
2
Smart Money Flow Index (SMFI) - Advanced SMC [PhenLabs]📊Smart Money Flow Index (SMFI) Version: PineScript™v6 📌Description The Smart Money Flow Index (SMFI) is an advanced Smart Money Concepts implementation that tracks institutional trading behavior through multi-dimensional analysis. This comprehensive indicator combines volume-validated Order Block detection, Fair Value Gap identification with auto-mitigation tracking, dynamic Liquidity Zone mapping, and Break of Structure/Change of Character detection into a unified system. Unlike basic SMC indicators, SMFI employs a proprietary scoring algorithm that weighs five critical factors: Order Block strength (validated by volume), Fair Value Gap size and recency, proximity to Liquidity Zones, market structure alignment (BOS/CHoCH), and multi-timeframe confluence. This produces a Smart Money Score (0-100) where readings above 70 represent optimal institutional setup conditions. 🚀Points of Innovation Volume-Validated Order Block Detection – Only displays Order Blocks when formation candle exceeds customizable volume multiplier (default 1.5x average), filtering weak zones and highlighting true institutional accumulation/distribution Auto-Mitigation Tracking System – Fair Value Gaps and Order Blocks automatically update status when price mitigates them, with visual distinction between active and filled zones preventing trades on dead levels Proprietary Smart Money Score Algorithm – Combines weighted factors (OB strength 25%, FVG proximity 20%, Liquidity 20%, Structure 20%, MTF 15%) into single 0-100 confidence rating updating in real-time ATR-Based Adaptive Calculations – All distance measurements use 14-period Average True Range ensuring consistent function across any instrument, timeframe, or volatility regime without manual recalibration Dynamic Age Filtering – Automatically removes liquidity levels and FVGs older than configurable thresholds preventing chart clutter while maintaining relevant levels Multi-Timeframe Confluence Integration – Analyzes higher timeframe bias with customizable multipliers (2-10x) and incorporates HTF trend direction into Smart Money Score for institutional alignment 🔧Core Components Order Block Engine – Detects institutional supply/demand zones using characteristic patterns (down-move-then-strong-up for bullish, up-move-then-strong-down for bearish) with minimum volume threshold validation, tracks mitigation when price closes through zones Fair Value Gap Scanner – Identifies price imbalances where current candle's low/high leaves gap with two-candle-prior high/low, filters by minimum size percentage, monitors 50% fill for mitigation status Liquidity Zone Mapper – Uses pivot high/low detection with configurable lookback to mark swing points where stop losses cluster, extends horizontal lines to visualize sweep targets, manages lifecycle through age-based removal Market Structure Analyzer – Tracks pivot progression to identify trend through higher-highs/higher-lows (bullish) or lower-highs/lower-lows (bearish), detects Break of Structure and Change of Character for trend/reversal confirmation Scoring Calculation Engine – Evaluates proximity to nearest Order Blocks using ATR-normalized distance, assesses FVG recency and distance, calculates liquidity proximity with age weighting, combines structure bias and MTF trend into smoothed final score 🔥Key Features Customizable Display Limits – Control maximum Order Blocks (1-10), Liquidity Zones (1-10), and FVG age (10-200 bars) to maintain clean charts focused on most relevant institutional levels Gradient Strength Visualization – All zones render with transparency-adjustable coloring where stronger/newer zones appear more solid and weaker/older zones fade progressively providing instant visual hierarchy Educational Label System – Optional labels identify each zone type (Bullish OB, Bearish OB, Bullish FVG, Bearish FVG, BOS) with color-coded text helping traders learn SMC concepts through practical application Real-Time Smart Money Score Dashboard – Top-right table displays current score (0-100) with color coding (green >70, yellow 30-70, red <30) plus trend arrow for at-a-glance confidence assessment Comprehensive Alert Suite – Configurable notifications for Order Block formation, Fair Value Gap detection, Break of Structure events, Change of Character signals, and high Smart Money Score readings (>70) Buy/Sell Signal Integration – Automatically plots triangle markers when Smart Money Score exceeds 70 with aligned market structure and fresh Order Block detection providing clear entry signals 🎨Visualization Order Block Boxes – Shaded rectangles extend from formation bar spanning high-to-low of institutional candle, bullish zones in green, bearish in red, with customizable transparency (80-98%) Fair Value Gap Zones – Rectangular areas marking imbalances, active FVGs display in bright colors with adjustable transparency, mitigated FVGs switch to gray preventing trades on filled zones Liquidity Level Lines – Dashed horizontal lines extend from pivot creation points, swing highs in bearish color (short targets above), swing lows in bullish color (long targets below), opacity decreases with age Structure Labels – "BOS" labels appear above/below price when Break of Structure confirmed, colored by direction (green bullish, red bearish), positioned at 1% beyond highs/lows for visibility Educational Info Panel – Bottom-right table explains key terminology (OB, FVG, BOS, CHoCH) and score interpretation (>70 high probability) with semi-transparent background for readability 📖Usage Guidelines General Settings Show Order Blocks – Default: On, toggles visibility of institutional supply/demand zones, disable when focusing solely on FVGs or Liquidity Show Fair Value Gaps – Default: On, controls FVG zone display including active and mitigated imbalances Show Liquidity Zones – Default: On, manages liquidity line visibility, disable on lower timeframes to reduce clutter Show Market Structure – Default: On, toggles BOS/CHoCH label display Show Smart Money Score – Default: On, controls score dashboard visibility Order Block Settings OB Lookback Period – Default: 20, Range: 5-100, controls bars scanned for Order Block patterns, lower values detect recent activity, higher values find older blocks Min Volume Multiplier – Default: 1.5, Range: 1.0-5.0, sets minimum volume threshold as multiple of 20-period average, higher values (2.0+) filter for strongest institutional candles Max Order Blocks to Display – Default: 3, Range: 1-10, limits simultaneous Order Blocks shown, lower settings (1-3) maintain focus on most recent zones Fair Value Gap Settings Min FVG Size (%) – Default: 0.3, Range: 0.1-2.0, defines minimum gap size as percentage of close price, lower values detect micro-imbalances, higher values focus on significant gaps Max FVG Age (bars) – Default: 50, Range: 10-200, removes FVGs older than specified bars, lower settings (10-30) for scalping, higher (100-200) for swing trading Show FVG Mitigation – Default: On, displays filled FVGs in gray providing visual history, disable to show only active untouched imbalances Liquidity Zone Settings Liquidity Lookback – Default: 50, Range: 20-200, sets pivot detection period for swing highs/lows, lower values (20-50) mark shorter-term liquidity, higher (100-200) identify major swings Max Liquidity Age (bars) – Default: 100, Range: 20-500, removes liquidity lines older than specified bars, adjust based on timeframe Liquidity Sensitivity – Default: 0.5, Range: 0.1-1.0, controls pivot detection sensitivity, lower values mark only major swings, higher values identify minor swings Max Liquidity Zones to Display – Default: 3, Range: 1-10, limits total liquidity levels shown maintaining chart clarity Market Structure Settings Pivot Length – Default: 5, Range: 3-15, defines bars to left/right for pivot validation, lower values (3-5) create sensitive structure breaks, higher (10-15) filter for major shifts Min Structure Move (%) – Default: 1.0, Range: 0.1-5.0, sets minimum percentage move required between pivots to confirm structure change Multi-Timeframe Settings Enable MTF Analysis – Default: On, activates higher timeframe trend analysis incorporation into Smart Money Score Higher Timeframe Multiplier – Default: 4, Range: 2-10, multiplies current timeframe to determine analysis timeframe (4x on 15min = 1hour) Visual Settings Bullish Color – Default: Green (#089981), sets color for bullish Order Blocks, FVGs, and structure elements Bearish Color – Default: Red (#f23645), defines color for bearish elements Neutral Color – Default: Gray (#787b86), controls color of mitigated zones and neutral elements Show Educational Labels – Default: On, displays text labels on zones identifying type (OB, FVG, BOS), disable once familiar with patterns Order Block Transparency – Default: 92, Range: 80-98, controls Order Block box transparency FVG Transparency – Default: 92, Range: 80-98, sets Fair Value Gap zone transparency independently from Order Blocks Alert Settings Alert on Order Block Formation – Default: On, triggers notification when new volume-validated Order Block detected Alert on FVG Formation – Default: On, sends alert when Fair Value Gap appears enabling quick response to imbalances Alert on Break of Structure – Default: On, notifies when BOS or CHoCH confirmed Alert on High Smart Money Score – Default: On, alerts when Smart Money Score crosses above 70 threshold indicating high-probability setup ✅Best Use Cases Order Block Retest Entries – After Break of Structure, wait for price retrace into fresh bullish Order Block with Smart Money Score >70, enter long on zone reaction targeting next liquidity level Fair Value Gap Retracement Trading – When price creates FVG during strong move then retraces, enter as price approaches unfilled gap expecting institutional orders to continue trend Liquidity Sweep Reversals – Monitor price approaching swing high/low liquidity zones against prevailing Smart Money Score trend, after stop hunt sweep watch for rejection into premium Order Block/FVG Multi-Timeframe Confluence Setups – Identify alignment when current timeframe Order Block coincides with higher timeframe FVG plus MTF analysis showing matching trend bias Break of Structure Continuations – After BOS confirms trend direction, trade pullbacks to nearest Order Block or FVG in direction of structure break using Smart Money Score >70 as entry filter Change of Character Reversal Plays – When CHoCH detected indicating potential reversal, look for Smart Money Score pivot with opposing Order Block formation then enter on structure confirmation ⚠️Limitations Lagging Pivot Calculations – Pivot-based features (Liquidity Zones, Market Structure) require bars to right of pivot for confirmation, meaning these elements identify levels retrospectively with delay equal to lookback period Whipsaw in Ranging Markets – During choppy conditions, Order Blocks fail frequently and structure breaks produce false signals as Smart Money Score fluctuates without clear institutional bias, best used in trending markets Volume Data Dependency – Order Block volume validation requires accurate volume data which may be incomplete on Forex pairs or limited in crypto exchange feeds Subjectivity in Scoring Weights – Proprietary 25-20-20-20-15 weighting reflects general institutional behavior but may not optimize for specific instruments or market regimes, user cannot adjust factor weights Visual Complexity on Lower Timeframes – Sub-hour timeframes generate excessive zones creating cluttered charts, requires aggressive display limit reduction and higher minimum thresholds No Fundamental Integration – Indicator analyzes purely technical price action and volume without incorporating economic events, news catalysts, or fundamental shifts that override technical levels 💡What Makes This Unique Unified SMC Ecosystem – Unlike indicators displaying Order Blocks OR FVGs OR Liquidity separately, SMFI combines all three institutional concepts plus market structure into single cohesive system Proprietary Confidence Scoring – Rather than manual setup assessment, automated Smart Money Score quantifies probability by weighting five institutional dimensions into actionable 0-100 rating Volume-Filtered Quality – Eliminates weak Order Blocks forming without institutional volume confirmation, ensuring displayed zones represent genuine accumulation/distribution Adaptive Lifecycle Management – Automatically updates mitigation status and removes aged zones preventing trades on dead levels through continuous validity and age monitoring Educational Integration – Built-in tooltips, labeled zones, and reference panel make indicator functional for both learning Smart Money Concepts and executing strategies 🔬How It Works Order Block Detection – Scans for patterns where strong directional move follows counter-move creating last down-candle before rally (bullish OB) or last up-candle before sell-off (bearish OB), validates formations only when candle exhibits volume exceeding configurable multiple (default 1.5x) of 20-bar average volume Fair Value Gap Identification – Compares current candle’s high/low against two-candles-prior low/high to detect price imbalances, calculates gap size as percentage of close and filters micro-gaps below minimum threshold (default 0.3%), monitors whether subsequent price fills 50% triggering mitigation status Liquidity Zone Mapping – Employs pivot detection using configurable lookback (default 50 bars) to identify swing highs/lows where retail stops cluster, extends horizontal reference lines from pivot creation and applies age-based filtering to remove stale zones Market Structure Analysis – Tracks pivot progression using structure-specific lookback (default 5 bars) to determine trend, confirms uptrend when new pivot high exceeds previous by minimum move percentage, detects Break of Structure when price breaks recent pivot level, flags Change of Character for potential reversals Multi-Timeframe Confluence – When enabled, requests security data from higher timeframe (current TF × HTF multiplier, default 4x), compares HTF close against HTF 20-period MA to determine bias, contributes ±50 points to score ensuring alignment with institutional positioning on superior timeframe Smart Money Score Calculation – Evaluates Order Block component via ATR-normalized distance producing max 100-point contribution weighted at 25%, assesses FVG factor through age penalty and distance at 20% weight, calculates Liquidity proximity at 20%, incorporates structure bias (±50-100 points) at 20%, adds MTF component at 15%, applies 3-period smoothing to reduce volatility Visual Rendering and Lifecycle – Draws Order Block boxes, Fair Value Gap rectangles with color coding (green/red active, gray mitigated), extends liquidity dashed lines with fade-by-age opacity, plots BOS labels, displays Smart Money Score dashboard, continuously updates checking mitigation conditions and removing elements exceeding age/display limits 💡Note: The Smart Money Flow Index combines multiple Smart Money Concepts into unified institutional order flow analysis. For optimal results, use the Smart Money Score as confluence filter rather than standalone entry signal – scores above 70 indicate high-probability setups but should be combined with risk management, higher timeframe bias, and market regime understanding.
Pine Script® indicator
by PhenLabs
1
Pump & Dump Detector v6Overview: The Pump & Dump Detector v6 is a powerful TradingView indicator designed to identify rapid bullish (pump) or bearish (dump) price movements in real time. By combining Rate of Change (ROC), candle volatility, and volume analysis, this indicator highlights extreme market moves that could indicate momentum spikes, retail-driven activity, or potential manipulations. Key Features: ROC-Based Detection: Detects strong upward or downward price momentum over a configurable period. Volume Confirmation: Filters signals based on volume exceeding a simple moving average, reducing false alerts. Customizable Candle Filters: Ensures signals are triggered only when the candle shows meaningful movement. Visual Alerts: Displays clear green (pump) and red (dump) markers on the chart with customizable size. Real-Time Alerts: Sends instant notifications when pump or dump conditions are met, once per bar. User-Friendly Inputs: Adjust ROC length, thresholds, minimum candle move, and volume MA length to fit your trading style. Community-Oriented: As a trader and software professional, I noticed that most pump/dump indicators are restricted access. I developed this indicator to be free for all, helping the trading community. How to Use: Green triangle below the bar → Pump detected; consider bullish setups. Red triangle above the bar → Dump detected; consider bearish setups. Use in conjunction with other technical analysis tools for confirmation. Alerts can be used for automated notifications or trading strategies. Why It’s Useful: This indicator saves time and enhances decision-making by spotting extreme price moves early, giving traders an edge in volatile markets. Ideal for intraday, swing, and crypto traders looking to capitalize on sudden momentum shifts.
Pine Script® indicator
by arupnj2018
1
BUY/SELL CROSS 1 WEEK SKIDD What it does SRSI prints candle-attached BUY/SELL labels when StochRSI %K crosses %D in either direction—no numeric thresholds. Labels are vertically ATR-adjustable so they’re visible without clutter. A continuous MACD direction line sits above price, turning green when MACD > Signal and red when MACD < Signal. Why it helps Keeps entries/exits simple: true crossovers only. Uses higher-TF StochRSI (weekly by default) to cut noise. Visual regime filter via the color-changing MACD line. Labels stick to the candle and move with it—clean on any zoom. How to use For swing trading, leave StochRSI on Weekly and enable Only signal on confirmed bar. Use the MACD line as a directional filter: prefer BUYs when the line is green, prefer SELLs when red. Adjust Label Vertical Distance (ATR x) so labels clear long wicks and stay readable. Inputs StochRSI: RSI Length, Lookback, %K/%D smoothing, Calculation TF. Confirmation: Only signal on confirmed bar. Labels: Vertical Distance (ATR x), Size. MACD: Fast/Slow/Signal, MACD TF, line positioning, vertical distance, width. Alerts BUY (StochRSI Cross Up) and SELL (StochRSI Cross Down) included. Notes If you switch Only signal on confirmed bar OFF, signals can appear intra-bar and may repaint before close—use with care. This is not financial advice; test on multiple symbols/timeframes. Optional “Change log” (for future updates) v1.0 — Initial public release: candle-attached StochRSI BUY/SELL labels + MACD direction line; vertical ATR spacing; weekly StochRSI default.
Pine Script® indicator
by Seankidd
SMT + CVD (NQ vs ES) w/ AlertsSMT + CVD (NQ vs ES) w/ Alerts This tool combines Smart Money Technique (SMT) and Cumulative Volume Delta (CVD) to highlight high-probability inflection points on NQ (primary) versus ES (secondary). How it works SMT condition: the primary breaks its most recent swing (High for bearish / Low for bullish) while the secondary does not break the corresponding swing within a small retest window. CVD confirmation: at the same time, the primary’s CVD shows divergence (higher price but lower/equal CVD for shorts, lower price but higher/equal CVD for longs). When both align, the script plots a marker/label and draws a line from the primary swing to the signal bar. Alerts are fired. Signals & Alerts Labels: “SMT+CVD DOWN/UP” on the signal bar. Lines: connects the primary swing → signal bar so you can see the structure that produced the signal. Alert names: “SMT+CVD Bearish” and “SMT+CVD Bullish.” Inputs Primary / Secondary symbols: defaults NQ & ES (you can change them). Resolution: use chart timeframe or specify one. Swing Left/Right Bars: pivot detection depth (higher = larger swings). Break Window Bars: how many bars the secondary has to not break for SMT to be valid. CVD Up/Down By: Close vs Previous Close (default) or Close vs Open. Anchor CVD Daily: resets CVD at session/day start. CVD Smoothing (EMA): smooths the CVD line (optional show). FAST Pivots (no future bars): left-only swing detection so signals appear sooner and behave well in Replay/live. Require Secondary Pivot: if ON, SMT checks wait for a confirmed secondary swing; if OFF, signals can appear while the secondary swing is still forming (useful for Replay/testing). Show CVD line: optional, may compress price scale. Non-repaint notes With FAST Pivots ON, swings are detected with no future bars (minimal latency = leftBars). With FAST Pivots OFF, standard pivots require rightBars future bars to confirm the swing (classic, but naturally delayed). Tips For intraday futures, keep leftBars/rightBars small (e.g., 3/3) and Break Window 1–3. In Replay, enable FAST Pivots and consider disabling Require Secondary Pivot if you want signals to appear as soon as the primary breaks. Combine with session filters, execution rules, or liquidity zones for context.
Pine Script® indicator
by anthony32773
Ultimate Sclaping IndicatorOverview The Confluence Signal Indicator is a precision-built scalping tool designed to identify high-probability reversal points in the market. It combines three core technical elements: Trend Mean reversion Momentum into a single, efficient system. By filtering out weak RSI signals and focusing only on setups that align with trend direction and recent momentum shifts, this indicator delivers cleaner and more accurate short-term trade signals. Core Components 200-Period Moving Average (MA200, 5-Minute Timeframe) The MA200 is always calculated from the 5-minute chart, regardless of your current timeframe. It defines the macro trend direction and ensures that all trades align with the prevailing momentum. Session VWAP (Volume-Weighted Average Price) The VWAP tracks the real-time average price weighted by volume for the current trading session. It acts as a dynamic mean-reversion level and helps identify key areas of institutional activity and short-term balance. RSI (Relative Strength Index) The indicator uses a standard 14-period RSI to detect overbought and oversold market conditions. A “recency filter” is added to ensure signals only appear when RSI has recently transitioned from strength to weakness or vice versa, reducing false signals in trending markets. Signal Logic Bullish Signal (Green Arrow) A bullish reversal signal is plotted below a candle when: Price is above both the 5-minute MA200 and the Session VWAP. RSI is oversold (below 30). The last time RSI was above 50 occurred within the last 10 candles before going oversold. This ensures that the dip is a fresh pullback within an uptrend, not a prolonged oversold condition. Bearish Signal (Red Arrow) A bearish reversal signal is plotted above a candle when: Price is below both the 5-minute MA200 and the Session VWAP. RSI is overbought (above 70). The last time RSI was below 50 occurred within the last 10 candles before going overbought. This ensures that the overbought reading follows a recent move from weakness, identifying potential short entries in a downtrend. Recommended Usage This is a scalping-focused indicator, intended for use on timeframes of 5 minutes or lower. Therefore I would highly recommend to use it on Equity futures trading, such as NQ!, ES!, GC! and so on. It performs best when combined with additional tools such as support and resistance zones, order blocks, or liquidity levels for context. Avoid counter-trend signals unless confirmed by price structure or volume behavior.
Pine Script® indicator
by FunStriker
1
SMC Smart Money Concepts [GPT-5] SRKWhat Smart Money Concepts (SMC) Means Smart Money Concepts aim to analyze price action and market structure to identify where large players are likely entering or exiting trades. It’s based on the idea that markets move because of liquidity and institutional order flow, not just technical indicators. 🔹 Core Principles of SMC Market Structure – Identify trends, highs/lows, and shifts (BOS = Break of Structure, CHoCH = Change of Character). Liquidity – Understand where stop losses accumulate (above highs or below lows) — these are zones institutions target. Order Blocks (OBs) – Candles or zones where institutional buying or selling likely originated. Fair Value Gaps (FVGs) – Imbalances in price where there was no trading activity; price often returns to fill these. Premium & Discount Zones – Using Fibonacci or structural levels to determine optimal buy (discount) and sell (premium) areas. Mitigation & Re-entry – Smart money often re-enters positions to “mitigate” previous orders. 🔹 Why Traders Use SMC To align with institutional order flow instead of retail sentiment. To improve precision in entries/exits (fewer trades, higher RR). To understand why price moves, not just how. 🔹 Example If EUR/USD is trending down, an SMC trader might: Wait for liquidity sweep above a recent high (where retail traders put stop losses). Spot a bearish order block. Enter a sell trade once structure breaks lower (BOS), aiming for liquidity below a recent low.
Pine Script® indicator
by voxbroin
📊 Multi-Timeframe High/Low Strategy Pro v40.0📊 Multi-Timeframe High/Low Strategy Pro v40.0 (Mustang Algo) 🎯 OVERVIEW Advanced trading strategy that identifies and trades breakouts of key support and resistance levels across multiple timeframes. Features intelligent pyramiding, ATR-based risk management, and comprehensive backtesting capabilities. Now upgraded to Pine Script v6 for enhanced performance and compatibility. ✨ KEY FEATURES 📈 Multi-Timeframe Levels: - Yesterday's High/Low - Today's High/Low (intraday) - Last Week's High/Low - Last Month's High/Low - Last Year's High/Low 🔥 Advanced Position Management: - Pyramiding up to 100 simultaneous positions - Configurable equity allocation per trade (0.1% - 100%) - Daily trade limiter to control overtrading - Smart position sizing with percentage-based allocation 🎯 Flexible Entry Signals: - 10 Long entry options (breakouts above key levels) - 10 Short entry options (breakdowns below key levels) - Mix and match any combination of signals - Real-time alerts for all level breaks 🛡️ Risk Management: - ATR-based or Percentage-based Stop Loss - ATR-based or Percentage-based Take Profit - Time-based exits (exit after X bars) - Precise price-based exits using limit/stop orders - Entry price calculation for accurate TP/SL placement 📊 Visual Features: - Clean, modern design with color-coded levels - Customizable labels with emojis for easy identification - ATR bands and histogram visualization - Real-time position information panel - Adjustable line lookback period (10-500 bars) ⚙️ HOW TO USE 1️⃣ Enable Strategy: • Check "▶️ Enable Strategy" in Backtesting Settings • Optionally set date range filter for testing specific periods 2️⃣ Select Entry Signals: • Choose which level breaks trigger Long entries (⬆️) • Choose which level breaks trigger Short entries (⬇️) • Can combine multiple signals for complex strategies 3️⃣ Configure Exits: • Enable Take Profit and/or Stop Loss • Choose between Percentage or ATR-based calculations • Set percentage values (e.g., 10% TP, 5% SL) • Optionally enable time-based exit (bars) 4️⃣ Advanced Options: • Enable Pyramiding for multiple concurrent positions • Set max number of trades per day (1-1000) • Adjust position sizing per trade (0.1-100%) 📋 CONFIGURATION PARAMETERS Visual Settings: - Toggle individual levels on/off - Line lookback length (10-500 bars) - Label size (large/normal/small/tiny) - Label color customization - Label positioning offset (0-50) ATR Settings: - ATR Period (default: 14, range: 1-200) - ATR Multiplier (default: 2.0, range: 0.1-10.0) - Optional ATR bands visualization - Optional ATR histogram display Entry Signals: - 10 Long entry triggers (crossover signals) - 10 Short entry triggers (crossunder signals) - Individual activation for each signal Exit Settings: Take Profit: - Enable/Disable TP - Type: Percent (0.1-100%) or ATR (0.1-20x) - Percent: 0.1% to 100% gain target - ATR: 0.1 to 20 ATR multipliers Stop Loss: - Enable/Disable SL - Type: Percent (0.1-100%) or ATR (0.1-20x) - Percent: 0.1% to 100% loss limit - ATR: 0.1 to 20 ATR multipliers Time Exit: - 0-1000 bars (0 = disabled) Multi-Trade Settings: - Enable/Disable Pyramiding - Max concurrent trades (1-100) - Equity % per trade (0.1-100%) Daily Limit: - Enable/Disable daily trade limit - Max trades per day (1-1000) Backtesting: - Date range filtering - From/To Year, Month, Day selection 🎨 VISUAL DESIGN Modern, clean interface featuring: - Color-coded levels with transparency: - 📗📕 Yesterday (bright green/red) - 🟢🔴 Today (cyan/magenta) - 🔵🟠 Last Week (blue/orange) - 🟣🔷 Last Month (purple/light blue) - 🟤🟫 Last Year (brown) - Different line styles per timeframe - Compact emoji labels (Y-High, T-Low, W-High, M-Low, Yr-High) - Dynamic info panel showing active settings - Semi-transparent fills for ATR zones ⚡ PERFECT FOR - Breakout trading strategies - Multi-timeframe analysis - Systematic algorithmic trading - Range breakout systems - Support/Resistance trading - Scalping with pyramiding - Day trading with level breaks 📊 BACKTESTING ENGINE Comprehensive backtesting with: - Date range filtering for precise periods - Accurate entry/exit execution - Multiple position management - Detailed performance metrics - Trade-by-trade analysis - Pyramiding simulation 🔔 ALERTS AVAILABLE Set custom alerts for: - Any level breakout (10 different levels) - Crossover and crossunder events - All timeframe combinations - Entry and exit signals - Position management events 🆕 VERSION 40.0 UPDATES - Upgraded to Pine Script v6 - Enhanced compatibility and performance - Improved input system (input.bool, input.int, input.float) - Updated security function (request.security) - Fixed ta.barssince calculations - Optimized strategy.close implementation - Shorter title for TradingView compliance ⚠️ IMPORTANT TECHNICAL NOTES - Uses precise limit/stop prices for TP/SL (not ticks) - Entry price-based calculations (not current close) - Pyramiding controlled via strategy declaration - Daily trade counter resets at midnight - ATR calculated on each bar for consistency - Works best on intraday timeframes for daily levels - Time-based exits use global scope calculations 💡 USAGE TIPS - Start with single signal testing to understand behavior - Use percentage-based exits for consistent risk/reward ratios - Enable daily limit to prevent overtrading volatile days - Combine ATR-based stops with percentage targets - Test different level combinations for your specific asset - Lower pyramiding percentage for safer multi-position trading - Consider market volatility when setting ATR multipliers 📈 STRATEGY LOGIC EXPLANATION The strategy identifies critical support/resistance levels from multiple timeframes (yesterday, today, week, month, year) and generates trading signals when price breaks through these levels. **Entry Logic:** - LONG: Price crosses above selected high/low levels - SHORT: Price crosses below selected high/low levels **Exit Logic:** - Take Profit: Fixed percentage or ATR-based target - Stop Loss: Fixed percentage or ATR-based stop - Time Exit: Maximum bars in position **Position Management:** - Pyramiding allows building multiple positions - Daily limiter prevents excessive trading - Per-trade allocation controls risk per entry 🎓 BEST PRACTICES 1. **Risk Management:** Never risk more than 1-2% per trade 2. **Pyramiding:** Use smaller percentages (0.5-2%) when enabled 3. **Daily Limits:** Set realistic limits based on market volatility 4. **TP/SL Ratio:** Aim for minimum 1:1.5 risk/reward ratio 5. **Backtesting:** Test thoroughly across different market conditions 6. **Timeframes:** Use appropriate timeframes for your trading style 7. **Level Selection:** Choose relevant levels for your asset class 📊 RECOMMENDED SETTINGS **Conservative (Low Risk):** - Pyramiding: Disabled - TP: 5% or 3 ATR - SL: 2% or 1.5 ATR - Daily Limit: 3-5 trades - Signals: Week/Month highs only **Moderate (Balanced):** - Pyramiding: Enabled (max 3) - Per Trade: 2% - TP: 3% or 2.5 ATR - SL: 1.5% or 1 ATR - Daily Limit: 5-10 trades - Signals: Yesterday + Week levels **Aggressive (High Risk):** - Pyramiding: Enabled (max 5) - Per Trade: 1% - TP: 2% or 2 ATR - SL: 1% or 0.75 ATR - Daily Limit: 10-20 trades - Signals: All levels enabled ⚠️ RISK DISCLAIMER This indicator is for educational and informational purposes only. Trading involves substantial risk of loss and is not suitable for every investor. Past performance does not guarantee future results. Always: - Test thoroughly in paper trading first - Use proper risk management - Never risk more than you can afford to lose - Understand the strategy before live trading - Consider transaction costs and slippage - Consult a financial advisor if needed 🔧 TROUBLESHOOTING - **No trades executing:** Check if "Enable Strategy" is ON - **Too many trades:** Reduce signals or enable daily limit - **TP/SL not working:** Verify percentage/ATR settings - **Pyramiding not working:** Check max trades and % per trade - **Labels not showing:** Ensure "Show Labels" is enabled 📞 SUPPORT & FEEDBACK For questions, suggestions, bug reports, or feature requests: - Comment below this indicator - Contact the author through TradingView - Report any issues with specific examples 🌟 FEATURES SUMMARY ✅ Multi-timeframe level detection ✅ Customizable breakout signals ✅ ATR and percentage-based exits ✅ Advanced pyramiding system ✅ Daily trade limiting ✅ Time-based exits ✅ Modern visual design ✅ Comprehensive backtesting ✅ Real-time alerts ✅ Pine Script v6 compatible 📚 VERSION HISTORY - v40.0 - Pine Script v6 upgrade + bug fixes - v39.3 - Fixed TP/SL with limit/stop prices - v39.2 - Entry price-based calculations - v39.1 - Fixed daily trade counter - v39.0 - Pyramiding + daily limiter - v38.0 - Multi-trade capability (100 positions) - v37.0 - ATR-based exits - v36.0 - Backtesting integration - v35.0 - Added yearly levels 🚀 GET STARTED 1. Add indicator to your chart 2. Open settings panel 3. Enable "▶️ Enable Strategy" 4. Select your preferred entry signals 5. Configure TP/SL settings 6. Run backtest on historical data 7. Optimize parameters for your asset 8. Set up alerts for live trading Happy Trading! 🎯💰📈 --- © 2025 Multi-Timeframe High/Low Strategy Pro Built with precision. Tested with care. Trade with confidence.
Pine Script® strategy
by MustangAlgo
Overnight Time Box Overnight Time Box (22:59 → 09:59, minutes & TZ) Automatically draws a time-based box for a customizable window that can cross midnight. Perfect for marking the overnight range up to London open (e.g., 22:59–09:59 in Europe/Bucharest), but works with any minute-level window. What it does Builds a daily box covering all price action between two user-defined times (e.g., 22:59 → 09:59). Tracks session High/Low in real time and can plot extended HL lines for reference. Keeps historical boxes on the chart for backtesting and review (no flicker, no errors). How to use Add the script to an intraday chart. Configure: Time zone (default: Europe/Bucharest). Interval (HHMM-HHMM) — e.g., 2259-0959 (minutes supported). Optional: High/Low lines, fill color, border color, line width. Use on intraday timeframes (M1–H4). Note: On Daily/Weekly/Monthly, a heads-up label reminds you it’s designed for intraday use. Inputs Time zone: correct DST handling. Interval (HHMM-HHMM): supports windows that span midnight. Draw High/Low lines: extended HL guides for the session. Colors & widths: full visual customization. Use cases Mark the overnight range into London open (10:00 RO). Delimit Killzones / ICT Silver Bullet windows. Study range, liquidity raids, FVGs before major sessions. Tech notes Built on Pine Script v5 using input.session → stable, DST-safe. Increased max_boxes_count / max_lines_count to preserve history. Boxes are “frozen” at session end and remain on chart. Limitations Intended for intraday only. One interval per script instance; attach multiple instances for multiple windows.
Pine Script® indicator
by alexandru2
StarterPack MAsThe Starter Moving Averages indicator is a clean and efficient tool designed to help traders identify market direction, momentum, and potential reversal points using dynamic moving averages. Built for clarity and precision, it combines multiple timeframes and visual signals to simplify decision-making without overloading your chart. You can choose between EMA or SMA and set up to four custom lengths — by default: 9, 21, 50, and 200. These settings cover short-, medium-, and long-term trends, allowing you to analyze price behavior from scalping setups to major market cycles. The script also includes optional higher-timeframe MAs, so you can align lower-timeframe entries with the overall market bias. For example, a bullish crossover on the 5-minute chart becomes more powerful when the higher timeframe MAs also point upward. To make it even more intuitive, the indicator offers: Automatic bar coloring based on MA alignment (green for uptrend, red for downtrend). Crossover signals (MA1 crossing MA2) plotted directly on the chart, highlighting potential entry or exit zones. Alert conditions ready to use — so you can be notified instantly when bullish or bearish crosses occur. This indicator is highly adaptable for different trading styles — whether you’re a scalper, day trader, or swing trader. Its main goal is to help you quickly read the market structure and follow price action with discipline and consistency. How to use: Choose your preferred MA type (EMA or SMA). Adjust the four MA lengths to fit your strategy. (Optional) Activate the Higher Timeframe MAs for confluence. Use color changes and cross signals as a visual guide to confirm trend direction or momentum shifts. Set alerts to stay informed when a new cross occurs. The Starter MAs indicator was created to bring simplicity, accuracy, and structure to your trading approach — a clean tool that helps you focus on what really matters: reading the market clearly and trading with confidence.
Pine Script® indicator
by mateuschwartz