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High Probability FVG Detector (MTF)Utilizes the logic behind why Fair Value Gaps exist in the first place; momentum leaving orders partially filled, therefore leaving resting liquidity that still needs to be filled. The more orders remaining, the higher the likelihood of price revisiting. However, there are high quality fair value gaps and low quality fair value gaps. High quality FVG's (the one's most likely to act as support/resistance) would likely be formed during high liquidity. This creates a more volume saturated zone. Saturation meaning remaining orders at each tick level, or as close as possible. Low quality FVG's would be one's formed during low liquidity, which price movement range is more related to gaps in the order book (thin ladder) rather than volume based momentum. Due to the limitations of Pine Script I don't have access to DOM/Order Book functionality but this indicator will make use of volume. Here is the executive summary: FVG Detection: It scans the price action for the specific three-candle pattern that defines a bullish or bearish FVG. Multi-Timeframe (MTF) Capability: It allows you to detect FVGs on a timeframe different from the one currently displayed on your chart (e.g., find 1-hour FVGs while looking at a 5-minute chart). Probability Filtering: It attempts to classify FVGs based on the conditions during their formation. Volume Filter: Checks if the FVG was formed with volume significantly higher than average (indicating strong participation). Candle Range Filter: Checks if the FVG was formed by a candle with a significantly larger range than average (using ATR, indicating strong momentum/volatility). Differentiated Coloring: It visually distinguishes between different types of FVGs using different colors. High Probability: FVGs that meet the enabled Volume and/or Range filter criteria. Low Volume: FVGs that specifically fail the Volume filter (when enabled), potentially indicating weaker conviction. Regular: FVGs that don't meet any specific filter criteria (if the option to show them is enabled). Mitigation Tracking: It monitors if the price later trades back into the identified FVG zone (based on either the wick touching or the body closing within the zone, selectable by the user) and changes the color of the FVG box once this happens. Visual Display: It draws colored boxes representing the price range of the FVGs, optionally extending unmitigated boxes into the future for easy visibility. In essence, the indicator aims to automate the detection of these price inefficiencies, filter them based on volume and momentum characteristics, and track when they are revisited by price, providing traders with visual cues about potentially significant support/resistance zones and/or target zones for trading into.
Pine Script® indicator
by jbwillbanks85
AAPL Covered Call + CSP Alerts (Enhanced)This is a work-in-progress tool designed to help identify ideal setups for selling covered calls (CC) and cash-secured puts (CSP) on Apple (AAPL) using price levels, volume confirmation, and moving average context. 📈 What It Does 🔴 CC SELL Alert Triggers when: Price breaks above a custom resistance level A volume spike confirms momentum Designed to catch strong upside pushes where call premiums are rich. 🟠 CC WATCH Alert Triggers when: Price is near the 200-day MA Volume is elevated but there’s no breakout yet A pre-alert to watch for potential call-selling setups near resistance. 🟢 CSP BUY Alert Triggers when: Price drops below a custom support level A volume flush signals potential short-term capitulation Meant to time CSP entries when downside panic sets in. ⚙️ Adjustable Settings Input Description ccPriceTrigger Resistance level to trigger CC SELL ccVolumeMultiplier Volume threshold for CC confirmation maProximityBuffer Distance from 200 MA to trigger WATCH cspSupportLevel Support level to trigger CSP BUY cspVolumeMultiplier Volume threshold for CSP confirmation 🧭 Timeframe + Expiration Guidelines Timeframe Use Case Recommended Option Expirations 1H Primary strategy view 21–30 days to expiration 15m Scalping / fast alerts 7–14 DTE (more sensitive) Daily Swing or macro setups 30–45+ DTE for stability 📣 Alerts (How-To) This script supports TradingView alerts — just right-click any chart and choose: "Add Alert" → Select one of the following conditions: "AAPL CC SELL Alert" → Triggers when breakout and volume spike align "AAPL CC WATCH Alert" → Triggers when price approaches 200 MA with volume "AAPL CSP Alert" → Triggers when support breaks with high volume These alerts are great for traders who want real-time notification when premium-selling setups form — whether you're at your desk or mobile. 🧠 Strategy Context Built after months of active trading on AAPL, this script distills real trading lessons from volume-based breakouts and support flushes into a signal system for timing covered call and CSP entries. We found these triggers especially reliable when paired with option delta targeting and open interest zones. Feel free to clone, fork, or improve. Suggestions welcome — this is a living tool.
Pine Script® indicator
by RevGTR
3
53 ToolkitTest No functions   5-minute candlestick 3-tick rule: How to find a rebound point (short-term bottom) when a correction comes after an uptrend The most stable way to make a profit when trading short-term is to accurately determine the point of rebound in the 'rise -> fall -> rebound' pattern. Based on the premise that a decline is followed by a rebound, this is a formula created by analyzing the patterns of coins that frequently rebound. Prevents being bitten at the high point by forcibly delaying the entry point according to market conditions. (HOW?) Mostly 5-minute and 15-minute candles are used, but 30-minute candles can also be used depending on the situation.
Pine Script® indicator
by ffllk
Daily Range % with Conditional SPX DirectionThis indicator visualizes the short-term market sentiment by combining the trend of the S&P 500 index (SPX) with daily price volatility (DP%). Key Features: Calculates a 5-period Exponential Moving Average (EMA) of SPX to detect trend direction: Rising EMA → Uptrend Falling EMA → Downtrend Calculates a 5-period Simple Moving Average (SMA) of Daily Price Range % (DP%) to assess volatility trend: Rising DP% → Increasing volatility Falling DP% → Decreasing volatility Background Colors: Green: SPX trend up & volatility down → Bullish Yellow: SPX trend up & volatility up, or SPX trend down & volatility down → Neutral Red: SPX trend down & volatility up → Bearish On-screen Labels: Displays SPX trend direction (⬆️ / ⬇️) Displays volatility direction (⬆️ / ⬇️) Displays overall market sentiment: Bullish / Neutral / Bearish This tool is designed to help traders quickly assess the relationship between trend and volatility, aiding in market environment analysis and discretionary trading decisions.
Pine Script® indicator
by yanagi8787
Daily Range % with Conditional SPX DirectionThis indicator visualizes the short-term market sentiment by combining the trend of the S&P 500 index (SPX) with daily price volatility (DP%). Key Features: Calculates a 5-period Exponential Moving Average (EMA) of SPX to detect trend direction: Rising EMA → Uptrend Falling EMA → Downtrend Calculates a 5-period Simple Moving Average (SMA) of Daily Price Range % (DP%) to assess volatility trend: Rising DP% → Increasing volatility Falling DP% → Decreasing volatility Background Colors: Green: SPX trend up & volatility down → Bullish Yellow: SPX trend up & volatility up, or SPX trend down & volatility down → Neutral Red: SPX trend down & volatility up → Bearish On-screen Labels: Displays SPX trend direction (⬆️ / ⬇️) Displays volatility direction (⬆️ / ⬇️) Displays overall market sentiment: Bullish / Neutral / Bearish This tool is designed to help traders quickly assess the relationship between trend and volatility, aiding in market environment analysis and discretionary trading decisions.
Pine Script® indicator
by yanagi8787
Daily Range % with Conditional SPX DirectionThis indicator visualizes the short-term market sentiment by combining the trend of the S&P 500 index (SPX) with daily price volatility (DP%). Key Features: Calculates a 5-period Exponential Moving Average (EMA) of SPX to detect trend direction: Rising EMA → Uptrend Falling EMA → Downtrend Calculates a 5-period Simple Moving Average (SMA) of Daily Price Range % (DP%) to assess volatility trend: Rising DP% → Increasing volatility Falling DP% → Decreasing volatility Background Colors: Green: SPX trend up & volatility down → Bullish Yellow: SPX trend up & volatility up, or SPX trend down & volatility down → Neutral Red: SPX trend down & volatility up → Bearish On-screen Labels: Displays SPX trend direction (⬆️ / ⬇️) Displays volatility direction (⬆️ / ⬇️) Displays overall market sentiment: Bullish / Neutral / Bearish This tool is designed to help traders quickly assess the relationship between trend and volatility, aiding in market environment analysis and discretionary trading decisions.
Pine Script® indicator
by yanagi8787
Liquidity Sweep Detector – PDH/PDL LevelsPrevious Day High/Low Liquidity Sweep Detector (Intraday Accurate) This indicator tracks the previous day's high and low using intraday data, rather than the daily candle, ensuring precise sweep detection across lower timeframes (15m to 4H). It monitors for liquidity sweeps—moments when price briefly moves above the previous high or below the previous low—and visually marks these events on the chart. Key Features Intraday-accurate PDH/PDL tracking Real-time sweep detection On-chart labels marking sweep events Toggleable table showing sweep status Alert conditions for PDH/PDL sweep triggers Best For Traders who use Smart Money Concepts (SMC), liquidity-based strategies, or look for stop hunts and reversal zones tied to key prior-day levels. Works well across FX, crypto, and indices on 15m, 1H, and 4H charts.
Pine Script® indicator
by backtestbay
Automated Trading Session: New York KillzoneAutomated Trading Session: New York Killzone (Timezone & DST Aware) This indicator tracks the New York Killzone session using intraday data and real-time timezone adjustments. It draws high/low boxes after the session ends and highlights the active session on your chart, making it ideal for traders focused on U.S. market volatility. Key Features Timezone & DST Support Accurately reflects session timing based on your selected timezone and daylight saving settings. Custom Session Input Set your preferred New York Killzone hours (default: 08:00–09:30 New York time). Visual Session Boxes High/low ranges of the session are boxed on the chart for quick reference. End-of-Session Alert Get notified when the session closes, supporting both manual and automated workflows. On-Chart Info Table Displays active session time and timezone directly on the chart.
Pine Script® indicator
by backtestbay
Smart Range DetectorSmart Range Detector What It Does This indicator automatically detects and validates significant trading ranges using pivot point analysis combined with logarithmic fibonacci relationships. It operates by identifying specific pivot patterns (High-Low-High and Low-High-Low) that meet fibonacci validation criteria to filter out noise and highlight only the most reliable trading ranges. Each range is continuously monitored for potential mitigation (breakout) events. Key Features Identifies both High-Low-High and Low-High-Low range patterns Validates each range using logarithmic fibonacci relationships (more accurate than linear fibs) Detects range mitigations (breakouts) and visually differentiates them Shows fibonacci levels within ranges (25%, 50%, 75%) for potential reversal points Visualizes extension levels beyond ranges for breakout targets Analyzes volume profile with customizable price divisions (default: 60) Displays Point of Control (POC) and Value Area for traded volume analysis Implements performance optimization with configurable range limits Includes user-adjustable safety checks to prevent Pine Script limitations Offers fully customizable colors, line widths, and transparency settings How To Use It Identify Valid Ranges : The indicator automatically detects and highlights trading ranges that meet fibonacci validation criteria Monitor Fibonacci Levels : Watch for price reactions at internal fib levels (25%, 50%, 75%) for potential reversal opportunities Track Extension Targets : Use the extension lines as potential targets when price breaks out of a range Analyze Volume Structure : Enable the volume profile mode to see where most volume was traded within mitigated ranges Trade Range Boundaries : Look for reactions at range highs/lows combined with volume POC for higher probability entries Manage Performance : Adjust the maximum displayed ranges and history bars settings for optimal chart performance Settings Guide Left/Right Bars Look Back : Controls how far back the indicator looks to identify pivot points (higher values find more ranges but may reduce sensitivity) Max History Bars : Limits how far back in history the indicator will analyze (stays within Pine Script's 10,000 bar limitation) Max Ranges to Display : Restricts the total number of ranges kept in memory for improved performance (1-50) Volume Profile : When enabled, shows volume distribution analysis for mitigated ranges Volume Profile Divisions : Controls the granularity of the volume analysis (higher values show more detail) Display Options : Toggle visibility of range lines, fibonacci levels, extension lines, and volume analysis elements Transparency & Color Settings : Fully customize the visual appearance of all indicator elements Line Width Settings : Adjust the thickness of lines for better visibility on different timeframes Technical Details The indicator uses logarithmic fibonacci calculations for more accurate price relationships Volume profile analysis creates 60 price divisions by default (adjustable) for detailed volume distribution All timestamps are properly converted to work with Pine Script's bar limitations Safety checks prevent "array index out of bounds" errors that plague many complex indicators Time-based coordinates are used instead of bar indices to prevent "bar index too far" errors This indicator works well on all timeframes and instruments, but performs best on 5-minute to daily charts. Perfect for swing traders, range traders, and breakout strategists. What Makes It Different Most range indicators simply draw boxes based on recent highs and lows. Smart Range Detector validates each potential range using proven fibonacci relationships to filter out noise. It then adds sophisticated volume analysis to help traders identify the most significant price levels within each range. The performance optimization features ensure smooth operation even on lower timeframes and extended history analysis.
Pine Script® indicator
by mindyourbuisness
Guppy Multiple Moving Average (GMMA)The GMMA Momentum Indicator plots 12 EMAs on your chart, divided into two groups: Short-term EMAs (6 lines, default periods: 3, 5, 8, 10, 12, 15): Represent short-term trader sentiment and momentum. Long-term EMAs (6 lines, default periods: 30, 35, 40, 45, 50, 60): Reflect long-term investor behavior and broader market trends. By analyzing the interaction between these two groups, the indicator identifies: Bullish and bearish trends based on the relative positions of the short- and long-term EMAs. Momentum strength through the spread or convergence of the EMAs. Potential reversals or breakouts via compression signals. This PineScript version enhances the traditional GMMA by adding visual cues like background colors, bearish signals, and compression detection, making it ideal for swing traders seeking clear, actionable insights. The GMMA Momentum Indicator provides several key features: 1. Trend Identification Bullish Trend: When the short-term EMAs (green lines) are above the long-term EMAs (blue lines) and spreading apart, it signals strong upward momentum. The chart background turns light green to highlight this condition. Bearish Trend: When the short-term EMAs cross below the long-term EMAs and converge, it indicates downward momentum. The background turns light red, and an orange downward triangle appears above the bar to mark a new bearish signal. 2. Momentum Analysis The spread between the short-term EMAs reflects the strength of short-term momentum. A wide spread suggests strong momentum, while a tight grouping indicates weakening momentum or consolidation. Similarly, the long-term EMAs act as dynamic support or resistance, guiding traders on the broader trend. 3. Compression Detection Compression occurs when both the short-term and long-term EMAs converge, signaling low volatility and a potential breakout or reversal. A yellow upward triangle appears below the bar when compression is detected, alerting traders to watch for price action. 4. Visual Cues Green short-term EMAs: Show short-term trader activity. Blue long-term EMAs: Represent long-term investor sentiment. Background colors: Light green for bullish trends, light red for bearish trends, and transparent for neutral conditions. Orange downward triangles: Mark new bearish trends. Yellow upward triangles: Indicate compression, hinting at potential breakouts. How to Use the GMMA Momentum Indicator for Swing Trading Swing trading involves capturing price moves over days to weeks, and the GMMA Momentum Indicator is an excellent tool for this strategy. Here’s how to use it effectively: 1. Identifying Trade Entries Buy Opportunities: Look for a bullish trend (green background) where the short-term EMAs are above the long-term EMAs and spreading apart, indicating strong momentum. A compression signal (yellow triangle) followed by a breakout above resistance or a bullish candlestick pattern can confirm an entry. Example: On a daily chart, if the short-term EMAs cross above the long-term EMAs and the background turns green, consider entering a long position, especially if volume supports the move. Sell Opportunities: Watch for a bearish signal (orange downward triangle) or a bearish trend (red background) where the short-term EMAs cross below the long-term EMAs. Example: If the short-term EMAs collapse below the long-term EMAs and an orange triangle appears, it may signal a shorting opportunity or a time to exit longs. 2. Managing Trades Use the long-term EMAs as dynamic support (in uptrends) or resistance (in downtrends) to set stop-loss levels or trail stops. Monitor the spread of the short-term EMAs. A widening spread suggests the trend is strong, while convergence may indicate it’s time to take profits or tighten stops. 3. Anticipating Reversals Compression signals (yellow triangles) highlight periods of low volatility, often preceding significant price moves. Combine these with price action (e.g., breakouts or reversals) or other indicators (e.g., RSI or volume) for confirmation. Example: If a compression signal appears near a key support level and the price breaks upward, it could signal the start of a new bullish swing. 4. Best Practices Timeframes: The indicator works well on daily or 4-hour charts for swing trading, but you can adjust the EMA periods for shorter (e.g., 1-hour) or longer (e.g., weekly) timeframes. Confirmation: Combine the GMMA with other tools like support/resistance levels, candlestick patterns, or oscillators (e.g., MACD) to reduce false signals. Risk Management: Always use proper position sizing and stop-losses, as EMAs are lagging indicators and may produce delayed signals in choppy markets.
Pine Script® indicator
by thrilledFalcon14
Dual ATR TargetsATR Distance Markers with Percentage Display This powerful indicator visually displays dynamic support/resistance levels based on the ATR Trailing Stop, while providing clear percentage-based distance measurements to help traders assess risk/reward ratios at a glance. Key Features: 🔹 Dual Distance Markers - Track two customizable distance multiples (default: 1.0x and 0.35x ATR) 🔹 Percentage-First Display - Shows percentage distances first (more intuitive for multi-timeframe analysis) with exact price differences in parentheses 🔹 Current + Previous Candle Data - Compare current levels with previous candle's values for trend confirmation 🔹 Clean Visual Presentation - Grey info box with white text for optimal readability 🔹 Customizable Settings - Adjust ATR period, multiplier, colors, and visibility How Traders Use It: ✅ Identify potential profit targets based on volatility-adjusted distances ✅ Gauge stop-loss placement with percentage-based risk assessment ✅ Compare current vs. previous candle distances for momentum shifts ✅ Maintain consistent risk parameters across different instruments Input Parameters: ATR Period (default 14) ATR Multiplier (default 1.1) Two fully configurable distance markers Custom colors for each marker Perfect For: • Swing traders looking for volatility-based targets • Position traders managing risk across timeframes • Anyone who prefers percentage-based analysis over fixed price distances The indicator plots circular markers (blue) and cross markers (red) at your specified distances from the ATR trailing stop, while the info box keeps all critical data organized in one corner of your chart. Pro Tip: Combine with trend analysis tools - the distances become more reliable when trading in the direction of the prevailing trend. The percentage display helps maintain consistent position sizing across different priced instruments.
Pine Script® indicator
by Delsongs
Time-Based Fair Value Gaps (FVG) with Inversions (iFVG)Overview The Time-Based Fair Value Gaps (FVG) with Inversions (iFVG) (ICT/SMT) indicator is a specialized tool designed for traders using Inner Circle Trader (ICT) methodologies. Inspired by LuxAlgo's Fair Value Gap indicator, this script introduces significant enhancements by integrating ICT principles, focusing on precise time-based FVG detection, inversion tracking, and retest signals tailored for institutional trading strategies. Unlike LuxAlgo’s general FVG approach, this indicator filters FVGs within customizable 10-minute windows aligned with ICT’s macro timeframes and incorporates ICT-specific concepts like mitigation, liquidity grabs, and session-based gap prioritization. This tool is optimized for 1–5 minute charts, though probably best for 1 minute charts, identifying bullish and bearish FVGs, tracking their mitigation into inverted FVGs (iFVGs) as key support/resistance zones, and generating retest signals with customizable “Close” or “Wick” confirmation. Features like ATR-based filtering, optional FVG labels, mitigation removal, and session-specific FVG detection (e.g., first FVG in AM/PM sessions) make it a powerful tool for ICT traders. Originality and Improvements While inspired by LuxAlgo’s FVG indicator (credit to LuxAlgo for their foundational work), this script significantly extends the original concept by: 1. Time-Based FVG Detection: Unlike LuxAlgo’s continuous FVG identification, this script filters FVGs within user-defined 10-minute windows each hour (:00–:10, :10–:20, etc.), aligning with ICT’s emphasis on specific periods of institutional activity, such as hourly opens/closes or kill zones (e.g., New York 7:00–11:00 AM EST). This ensures FVGs are relevant to high-probability ICT setups. 2. Session-Specific First FVG Option: A unique feature allows traders to display only the first FVG in ICT-defined AM (9:30–10:00 AM EST) or PM (1:30–2:00 PM EST) sessions, reflecting ICT’s focus on initial market imbalances during key liquidity events. 3. ICT-Driven Mitigation and Inversion Logic: The script tracks FVG mitigation (when price closes through a gap) and converts mitigated FVGs into iFVGs, which serve as ICT-style support/resistance zones. This aligns with ICT’s view that mitigated gaps become critical reversal points, unlike LuxAlgo’s simpler gap display. 4. Customizable Retest Signals: Retest signals for iFVGs are configurable for “Close” (conservative, requiring candle body confirmation) or “Wick” (faster, using highs/lows), catering to ICT traders’ need for precise entry timing during liquidity grabs or Judas swings. 5. ATR Filtering and Mitigation Removal: An optional ATR filter ensures only significant FVGs are displayed, reducing noise, while mitigation removal declutters the chart by removing filled gaps, aligning with ICT’s principle that mitigated gaps lose relevance unless inverted. 6. Timezone and Timeframe Safeguards: A timezone offset setting aligns FVG detection with EST for ICT’s New York-centric strategies, and a timeframe warning alerts users to avoid ≥1-hour charts, ensuring accuracy in time-based filtering. These enhancements make the script a distinct tool that builds on LuxAlgo’s foundation while offering ICT traders a tailored, high-precision solution. How It Works FVG Detection FVGs are identified when a candle’s low is higher than the high of two candles prior (bullish FVG) or a candle’s high is lower than the low of two candles prior (bearish FVG). Detection is restricted to: • User-selected 10-minute windows (e.g., :00–:10, :50–:60) to capture ICT-relevant periods like hourly transitions. • AM/PM session first FVGs (if enabled), focusing on 9:30–10:00 AM or 1:30–2:00 PM EST for key market opens. An optional ATR filter (default: 0.25× ATR) ensures only gaps larger than the threshold are displayed, prioritizing significant imbalances. Mitigation and Inversion When price closes through an FVG (e.g., below a bullish FVG’s bottom), the FVG is mitigated and becomes an iFVG, plotted as a support/resistance zone. iFVGs are critical in ICT for identifying reversal points where institutional orders accumulate. Retest Signals The script generates signals when price retests an iFVG: • Close: Triggers when the candle body confirms the retest (conservative, lower noise). • Wick: Triggers when the candle’s high/low touches the iFVG (faster, higher sensitivity). Signals are visualized with triangular markers (▲ for bullish, ▼ for bearish) and can trigger alerts. Visualization • FVGs: Displayed as colored boxes (green for bullish, red for bearish) with optional “Bull FVG”/“Bear FVG” labels. • iFVGs: Shown as extended boxes with dashed midlines, limited to the user-defined number of recent zones (default: 5). • Mitigation Removal: Mitigated FVGs/iFVGs are removed (if enabled) to keep the chart clean. How to Use Recommended Settings • Timeframe: Use 1–5 minute charts for precision, avoiding ≥1-hour timeframes (a warning label appears if misconfigured). • Time Windows: Enable :00–:10 and :50–:60 for hourly open/close FVGs, or use the “Show only 1st presented FVG” option for AM/PM session focus. • ATR Filter: Keep enabled (multiplier 0.25–0.5) for significant gaps; disable on 1-minute charts for more FVGs during volatility. • Signal Preference: Use “Close” for conservative entries, “Wick” for aggressive setups. • Timezone Offset: Set to -5 for EST (or -4 for EDT) to align with ICT’s New York session. Trading Strategy 1. Macro Timeframes: Focus on New York (7:00–11:00 AM EST) or London (2:00–5:00 AM EST) kill zones for high institutional activity. 2. FVG Entries: Trade bullish FVGs as support in uptrends or bearish FVGs as resistance in downtrends, especially in :00–:10 or :50–:60 windows. 3. iFVG Retests: Enter on retest signals (▲/▼) during liquidity grabs or Judas swings, using “Close” for confirmation or “Wick” for speed. 4. Session FVGs: Use the “Show only 1st presented FVG” option to target the first gap in AM/PM sessions, often tied to ICT’s market maker algorithms. 5. Risk Management: Combine with ICT concepts like order blocks or breaker blocks for confluence, and set stops beyond FVG/iFVG boundaries. Alerts Set alerts for: • “Bullish FVG Detected”/“Bearish FVG Detected”: New FVGs in selected windows. • “Bullish Signal”/“Bearish Signal”: iFVG retest confirmations. Settings Description • Show Last (1–100, default: 5): Number of recent iFVGs to display. Lower values reduce clutter. • Show only 1st presented FVG : Limits FVGs to the first in 9:30–10:00 AM or 1:30–2:00 PM EST sessions (overrides time window checkboxes). • Time Window Checkboxes: Enable/disable FVG detection in 10-minute windows (:00–:10, :10–:20, etc.). All enabled by default. • Signal Preference: “Close” (default) or “Wick” for iFVG retest signals. • Use ATR Filter: Enables ATR-based size filtering (default: true). • ATR Multiplier (0–∞, default: 0.25): Sets FVG size threshold (higher values = larger gaps). • Remove Mitigated FVGs: Removes filled FVGs/iFVGs (default: true). • Show FVG Labels: Displays “Bull FVG”/“Bear FVG” labels (default: true). • Timezone Offset (-12 to 12, default: -5): Aligns time windows with EST. • Colors: Customize bullish (green), bearish (red), and midline (gray) colors. Why Use This Indicator? This indicator empowers ICT traders with a tool that goes beyond generic FVG detection, offering precise, time-filtered gaps and inversion tracking aligned with institutional trading principles. By focusing on ICT’s macro timeframes, session-specific imbalances, and customizable signal logic, it provides a clear edge for scalping, swing trading, or reversal setups in high-liquidity markets.
Pine Script® indicator
by BigGuavaTrading
1
Pivot Candle PatternsPivot Candle Patterns Indicator Overview The PivotCandlePatterns indicator is a sophisticated trading tool that identifies high-probability candlestick patterns at market pivot points. By combining Williams fractals pivot detection with advanced candlestick pattern recognition, this indicator targets the specific patterns that statistically show the highest likelihood of signaling reversals at market tops and bottoms. Scientific Foundation The indicator is built on extensive statistical analysis of historical price data using a 42-period Williams fractal lookback period. Our research analyzed which candlestick patterns most frequently appear at genuine market reversal points, quantifying their occurrence rates and subsequent success in predicting reversals. Key Research Findings: At Market Tops (Pivot Highs): - Three White Soldiers: 28.3% occurrence rate - Spinning Tops: 13.9% occurrence rate - Inverted Hammers: 11.7% occurrence rate At Market Bottoms (Pivot Lows): - Three Black Crows: 28.4% occurrence rate - Hammers: 13.3% occurrence rate - Spinning Tops: 13.1% occurrence rate How It Works 1. Pivot Point Detection The indicator uses a non-repainting implementation of Williams fractals to identify potential market turning points: - A pivot high is confirmed when the middle candle's high is higher than surrounding candles within the lookback period - A pivot low is confirmed when the middle candle's low is lower than surrounding candles within the lookback period - The default lookback period is 2 candles (user adjustable from 1-10) 2. Candlestick Pattern Recognition At identified pivot points, the indicator analyzes candle properties using these parameters: - Body percentage threshold for Spinning Tops: 40% (adjustable from 10-60%) - Shadow percentage threshold for Hammer patterns: 60% (adjustable from 40-80%) - Maximum upper shadow for Hammer: 10% (adjustable from 5-20%) - Maximum lower shadow for Inverted Hammer: 10% (adjustable from 5-20%) 3. Pattern Definitions The indicator recognizes these specific patterns: Single-Candle Patterns: - Spinning Top : Small body (< 40% of total range) with significant upper and lower shadows (> 25% each) - Hammer : Small body (< 40%), very long lower shadow (> 60%), minimal upper shadow (< 10%), closing price above opening price - Inverted Hammer : Small body (< 40%), very long upper shadow (> 60%), minimal lower shadow (< 10%) Multi-Candle Patterns: - Three White Soldiers : Three consecutive bullish candles, each closing higher than the previous, with each open within the previous candle's body - Three Black Crows : Three consecutive bearish candles, each closing lower than the previous, with each open within the previous candle's body 4. Visual Representation The indicator provides multiple visualization options: - Highlighted candle backgrounds for pattern identification - Text or dot labels showing pattern names and success rates - Customizable colors for different pattern types - Real-time alert functionality on pattern detection - Information dashboard displaying pattern statistics Why It Works 1. Statistical Edge Unlike traditional candlestick pattern indicators that simply identify patterns regardless of context, PivotCandlePatterns focuses exclusively on patterns occurring at statistical pivot points, dramatically increasing signal quality. 2. Non-Repainting Design The pivot detection algorithm only uses confirmed data, ensuring the indicator doesn't repaint or provide false signals that disappear on subsequent candles. 3. Complementary Pattern Selection The selected patterns have both: - Statistical significance (high frequency at pivots) - Logical market psychology (reflecting institutional supply/demand changes) For example, Three White Soldiers at a pivot high suggests excessive bullish sentiment reaching exhaustion, while Hammers at pivot lows indicate rejection of lower prices and potential buying pressure. Practical Applications 1. Reversal Trading The primary use is identifying potential market reversals with statistical probability metrics. Higher percentage patterns (like Three White Soldiers at 28.3%) warrant more attention than lower probability patterns. 2. Confirmation Tool The indicator works well when combined with other technical analysis methods: - Support/resistance levels - Trend line breaks - Divergences on oscillators - Volume analysis 3. Risk Management The built-in success rate metrics help traders properly size positions based on historical pattern reliability. The displayed percentages reflect the probability of the pattern successfully predicting a reversal. Optimized Settings Based on extensive testing, the default parameters (Body: 40%, Shadow: 60%, Shadow Maximums: 10%, Lookback: 2) provide the optimal balance between: - Signal frequency - False positive reduction - Early entry opportunities - Pattern clarity Users can adjust these parameters based on their timeframe and trading style, but the defaults represent the statistically optimal configuration. Complementary Research: Reclaim Analysis Additional research on "reclaim" scenarios (where price briefly breaks a level before returning) showed: - Fast reclaims (1-2 candles) have 70-90% success rates - Reclaims with increasing volume have 53.1% success rate vs. decreasing volume at 22.6% This complementary research reinforces the importance of candle patterns and timing at critical market levels.
Pine Script® indicator
by mindyourbuisness
Volatility Gaussian Bands [BigBeluga]The Volatility Gaussian Bands are a technical analysis tool used to assess market volatility and potential price movements. They are constructed by integrating Gaussian (normal) distribution principles with volatility measures to create dynamic bands around price data. Key Features of Volatility Gaussian Bands: Basis in Gaussian Distribution: These bands assume that price returns follow a normal distribution, allowing for probabilistic modeling of expected price ranges.
Pine Script® indicator
by soualiga72
1
Multi-Confluence Adv. Rejection ID - v5Combines Order Blocks, Single Candle Order Blocks, and Fair Value Gaps along with buy and sell signals. The premise is identifying zones where these things overlap, price reentering that zone, and rejecting with higher than average volume. Rejection is defined as entering zone being drawn based on the parameters of identifying the order block types, etc, price reentering either from above or below and then exiting with higher than average volume support
Pine Script® indicator
by jbwillbanks85
2
Market Structure: BoS & CHoCH (Math by Thomas)📌 Description: Market Structure: BoS & CHoCH (Math by Thomas) is a clean and reliable market structure tool designed to visually mark Swing Highs, Swing Lows, and classify each one as HH (Higher High), LH (Lower High), LL (Lower Low), or HL (Higher Low) based on price action. It also detects and labels Break of Structure (BoS) and Change of Character (CHoCH) to help identify potential continuation or reversal in trend. 🛠️ How to Use: Add the indicator to your chart (works on any timeframe and asset). Adjust the "Swing Sensitivity" input to fine-tune how many bars the script uses to detect a swing high/low. A higher number smooths out noise. The script will automatically: Mark every confirmed swing high or low with a solid line. Label the swing as HH, LH, HL, or LL depending on its relative position. Show BoS (trend continuation) or CHoCH (trend reversal) labels with the current trend direction. Toggle labels or lines on or off with the corresponding checkboxes in settings. 🔍 Tip: Use this indicator alongside other tools like volume or RSI for more confident entries. A CHoCH followed by two BoS in the same direction often signals a strong trend reversal.
Pine Script® indicator
by MathThomas
Color Coded Volume IndicatorColor Coded Volume Indicator Overview Splits each bar’s total volume into estimated buy-side vs. sell-side components and displays them as stacked two-tone columns (red = sell, green = buy). Axis labels and tooltips use “K”/“M” formatting. Features Stacked Two-Tone Columns Red Base : estimated sell volume (50% opacity) Green Top : remaining buy volume (50% opacity) Automatic K/M Formatting via format=format.volume Zero Baseline for clean reference at zero Positive-Only Bars (no negatives) How It Works True-Range Guard Skips bars where high == low to avoid divide-by-zero. Volume Split BuyVol = Volume × (Close − Low) / (High − Low) SellVol = Volume × (High − Close) / (High − Low) Both series clamped ≥ 0. Layered Plot Draw semi-transparent green at full height, then overlay red sell portion. Usage Open TradingView’s Pine Editor Paste in the full script Click “Save & Add to Chart” In the Publish dialog, title it “Color Coded Volume Indicator” and paste this description. Interpretation Green-dominant bars → strong buying pressure Red-dominant bars → strong selling pressure Equal halves → balanced activity
Pine Script® indicator
by flying-armadillo
1