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VNIndex Over 6.5% Downside Drop Indicator with TableOverview: The VNIndex 6.5% Downside Drop Indicator is a powerful tool designed to help traders and investors identify significant market drops on the VNIndex (or any other asset) based on a 6.5% downside threshold. This Pine Script® indicator automatically detects when the price of an asset drops by more than 6.5% within a single day, and visually marks those events on the chart. Key Features: 6.5% Downside Drop Detection: Automatically calculates the daily percentage drop and identifies when the price falls by more than 6.5%. Table Display: Displays the dates and corresponding percentage drops of all identified instances in a convenient table at the bottom right of the chart. Markers: Red down-pointing markers are plotted above bars where the price drop exceeds the 6.5% threshold, making it easy to spot critical drop events at a glance. Easy-to-Read Table: The table lists the date and drop percentage, updating dynamically as new drops are detected. This allows for easy tracking of significant downside moves over time. How to Use: Install the Script: Add this indicator to your TradingView chart. Monitor Price Drops: The indicator will automatically detect when the price drops by over 6.5% from the previous close and display a marker on the chart and the table in the bottom right corner. View the Table: The table displays the date and the percentage drop of each detected event, making it easy to track past significant moves. Alerts: You can set an alert for 6.5% drops to receive notifications in real-time. Customization Options: The drop percentage threshold (6.5%) can be adjusted in the script to fit other market conditions or assets. The table can be resized or styled based on user preference for better visibility. Why Use This Indicator? This indicator is perfect for traders looking to spot large, significant price movements quickly. Large downside drops can signal potential market reversals or trading opportunities, and this tool helps you track such events effortlessly. Whether you're monitoring the VNIndex or any other asset, this indicator provides crucial insights into volatile price action, helping you make more informed decisions. Open Source License: This indicator is open source and free to use under the Mozilla Public License 2.0. You are welcome to modify, distribute, and contribute to the project. Contributions: Feel free to contribute improvements, fixes, or new features by creating a pull request. Let’s collaborate to make this indicator even better for the community!
Pine Script® indicator
by doqkhanh
Nifty 0.6% Options Strategy [15min]Key Changes Made: Threshold Adjustment: Changed from 0.4% to 0.6% in two places (input and plot labels) Updated alert messages accordingly Visual Improvements: Clear "+0.6%" and "-0.6%" labels on the reference lines Maintained all visual markers (circles for thresholds, labels for signals) Added Alert Conditions: Ready-to-use alerts for mobile/email notifications Separate alerts for CALL and PUT signals Strategy Logic Remains: Same entry/exit mechanics (4-bar hold period) Same non-repainting signal calculation Same money management parameters This version gives you slightly fewer but higher-probability signals compared to the 0.4% version, while maintaining all the robust features of the original strategy. The wider threshold helps filter out market noise during choppy periods.
Pine Script® strategy
by vineetservices
Math by Thomas FVG📌 Math by Thomas FVG – Fair Value Gap Detector Overview: The Math by Thomas FVG indicator automatically detects Fair Value Gaps (FVGs) using a three-candle logic. FVGs represent price inefficiencies where the first candle’s high/low does not overlap with the third candle’s low/high, creating a gap. This tool helps traders identify potential reversal or continuation zones, providing valuable insights into market structure and price action. 🔹 How It Works: Bullish FVG: Occurs when the current candle’s low is above the high of the candle two bars ago. A green-shaded box marks the bullish FVG, highlighting a potential support zone. Bearish FVG: Occurs when the current candle’s high is below the low of the candle two bars ago. A red-shaded box marks the bearish FVG, indicating a potential resistance zone. Gap Filling Logic: The indicator automatically removes FVGs once they are filled by price action, keeping the chart clean and relevant. Bullish FVGs are removed when close ≤ the box's top. Bearish FVGs are removed when close ≥ the box's bottom. ⚙️ Customization Options: Bullish FVG Color: Choose the color for bullish FVGs. Bearish FVG Color: Choose the color for bearish FVGs. Max Box Count: The indicator dynamically manages up to 50 FVG boxes, ensuring optimal chart performance. ✅ Use Cases: Identify price inefficiencies for potential entries and exits. Combine with Order Blocks, support/resistance, or volume analysis for confirmation. Useful for Smart Money Concept (SMC) and price action traders. 🔥 Enhance your trading accuracy with the Math by Thomas FVG indicator and gain insights into price inefficiencies! 🚀
Pine Script® indicator
by MathThomas
Math by Thomas Order Blocks🔥 Description: 🚀 Math by Thomas Order Blocks is a precision tool for Smart Money Concept (SMC) and price action traders, designed to automatically detect Bullish and Bearish Order Blocks (OBs). It highlights key institutional trading zones where large orders are placed, helping you identify potential reversal and continuation areas. ⚙️ Key Features: ✅ Automatic Order Block Detection: Detects Bearish OBs when price sharply reverses after a significant bullish move. Identifies Bullish OBs following a sharp reversal from a bearish push. ✅ Dynamic Sensitivity & Volume Filter: Sensitivity Control: Customize OB detection precision. Minimum Volume Filter: Ensures OBs form only on significant volume spikes. ✅ Flexible OB Mitigation: Choose between "Close" or "Wick" mitigation for OB invalidation. Mitigated OBs are automatically removed from the chart. ✅ Adaptive Swing & Price Change Detection: Adjusts OB detection logic based on timeframe for flexibility. Uses adaptive rate of change (ROC) calculations to spot momentum shifts. ✅ Visual Customization: OBs are displayed as shaded boxes with configurable background and border colors. Bullish OBs = Green (support zones). Bearish OBs = Red (resistance zones). ✅ Alerts for OB Touch: Get real-time alerts when price touches a Bullish or Bearish OB. Helps you catch potential reversal points without constant chart monitoring. 📊 How It Works: Bullish OB Logic: Detected when price crosses over a positive momentum threshold (ROC) with high volume. Plots a green OB box from the low of the swing candle. Bearish OB Logic: Identified when price crosses under a negative momentum threshold with high volume. Plots a red OB box from the high of the swing candle. Mitigation Rules: OBs are removed once invalidated by price action based on your chosen mitigation type (Close or Wick). 📈 Usage Tips: Use Bullish OBs as potential support areas for buy entries. Treat Bearish OBs as resistance zones for sell setups. Combine with Fair Value Gaps, volume profile, and RSI for confluence. Adjust sensitivity and volume filters to fine-tune OB detection. ✅ Chart Example: The script displays: Bullish OBs in green, marking potential support zones. Bearish OBs in red, indicating resistance zones. Real-time alerts when price touches OBs. 🔥 Why Use This Indicator? Designed for intraday and swing traders aiming to identify institutional trading zones. Helps you spot reversal and continuation setups with precision. Ideal for Smart Money Concept (SMC), price action, and order flow traders.
Pine Script® indicator
by MathThomas
1
Manual Trade Ledger# Manual Options Trade Journal – Pine Script This project is a Pine Script implementation for TradingView that allows users to manually log options trades into a live table overlay on a chart. ## ✨ Features - 📥 Manual entry of ticker, premium, contracts, strike, expiry, notes - 📈 Auto-filled live data: timestamp, price, and % change since first log - 🧾 Tabular logging for trade journaling and exporting to Google Sheets - 🔧 Fully customizable and designed to support product experimentation ## 🎯 Use Case This project was built to support a real-world trading workflow for options traders who: - Prefer to manually log trades while watching charts - Want a visual, copyable ledger that evolves in real-time - Want to later analyze entries/exits in spreadsheets or dashboards ## 🛠 How It Works 1. Toggle the `Log Trade` switch inside TradingView’s indicator settings 2. Fill in your trade metadata (ticker, premium, etc.) 3. The script captures timestamp, price, and calculates % change 4. Each new trade adds a row to the table (up to 50 max)
Pine Script® indicator
by jhkung1
EMA Shakeout DetectorEMA Shakeout & Reclaim Zones Description: This Pine Script helps traders quickly identify potential shakeout entries based on price action and volume dynamics. Shakeouts often signal strong accumulation, where institutions drive the stock below a key moving average before reclaiming it, creating an opportunity for traders to enter at favorable prices. How It Works: 1. Volume Surge Filtering: a. Computes the 51-day Simple Moving Average (SMA) of volume. b. Identifies days where volume surged 2x above the 51-day average. c. Filters stocks that had at least two such high-volume days in the last 21 trading days (configurable). 2. Stock Selection Criteria: a. The stock must be within 25% of its 52-week high. b. It should have rallied at least 30% from its 52-week low. Shakeout Conditions: 1. The stock must be trading above the 51-day EMA before the shakeout. 2. A sudden price drop of more than 10% occurs, pushing the stock below the 51-day EMA. 3. A key index (e.g., Nifty 50, S&P 500) must be trading above its 10-day EMA, ensuring overall market strength. Visualization: Shakeout zones are highlighted in blue, making it easier to spot potential accumulation areas and study price & volume action in more detail. This script is ideal for traders looking to identify institutional shakeouts and gain an edge by recognizing high-probability reversal setups.
Pine Script® indicator
by PrasadJoshi12
Advanced HFT Detection with VWAP & SpreadsExplanation of the HFT Detection Strategy 🔹 1. Key Indicators Used in the Strategy It's works by combining VWAP, moving averages (SMA), volume spikes, and price jumps to detect potential HFT activity. ✅ (A) VWAP (Volume Weighted Average Price) VWAP acts as a benchmark price that professional traders and institutions use to execute large orders. If price is above VWAP, buyers are in control → Bullish trend If price is below VWAP, sellers are in control → Bearish trend HFT algorithms often place buy orders above VWAP and sell orders below VWAP to follow momentum. ➡️ Why VWAP? It ensures that signals follow the institutional trading trend. ✅ (B) Moving Averages (SMA) Moving averages smooth out price data and help in detecting short-term momentum changes. Fast Moving Average (5-period SMA): Reacts quickly to price changes Slow Moving Average (20-period SMA): Identifies trend direction ➡️ Why SMA? It filters noise and confirms short-term trend shifts. ✅ (C) Volume Spike Detection High-frequency trading is often accompanied by large volume surges. We define a volume spike as: 📌 Current Volume > 2× Average Volume of last 20 bars ➡️ Why Volume? HFTs execute rapid buy/sell orders when they detect liquidity, leading to sudden volume bursts. ✅ (D) Price Jump Detection (Sudden Volatility) HFT algorithms often exploit quick price movements. We check if the price has moved more than twice the ATR (Average True Range) in the last 5 bars. ➡️ Why ATR? It helps to detect abnormal price movements compared to normal volatility. 🔹 2. Trading Signal Logic Now that we have VWAP, moving averages, volume, and price movement filters, we generate buy and sell signals based on conditions. ✅ (A) Buy Signal Condition A BUY signal is triggered when: ✔ Fast SMA crosses above Slow SMA → Short-term trend is turning bullish ✔ Volume spike occurs → HFTs are active ✔ Sudden price jump detected → High volatility ✔ Price is above VWAP → Confirms bullish trend ➡️ Why this works? It confirms that institutional traders & HFTs are buying aggressively. ✅ (B) Sell Signal Condition A SELL signal is triggered when: ✔ Fast SMA crosses below Slow SMA → Short-term trend is turning bearish ✔ Volume spike occurs → HFTs are selling aggressively ✔ Sudden price drop detected → High volatility ✔ Price is below VWAP → Confirms bearish trend ➡️ Why this works? It confirms that institutional traders & HFTs are selling aggressively. 🔹 3. Visual Representation (Plotting Signals & VWAP) Once we detect buy and sell signals, we mark them on the chart. ✅ (A) Buy/Sell Markers 🟢 Buy → Green upward arrow below the candle 🔴 Sell → Red downward arrow above the candle ✅ (B) VWAP Line on Chart We also plot VWAP as a blue line to visualize trend direction. ✅ (C) Highlighting Volume Spikes To easily spot HFT activity, we highlight volume spike bars with a blue background. 🔹 4. How to Use This Strategy? 1️⃣ Apply this script on a 1-minute or 5-minute intraday chart. 2️⃣ Look for BUY signals above VWAP and SELL signals below VWAP. 3️⃣ Verify that the volume spikes before taking action. 4️⃣ Use stop-loss & risk management (e.g., stop-loss at recent low/high). 🚀 Summary: Why This Strategy Works? ✅ VWAP ensures we follow institutional traders ✅ Volume spikes confirm sudden liquidity inflows ✅ Price jumps detect fast market moves caused by HFT bots ✅ Moving averages smooth out short-term trend shifts
Pine Script® indicator
by AksharIntradayEdge
Fibonacci Circle Zones🟩 The Fibonacci Circle Zones indicator is a technical visualization tool, building upon the concept of traditional Fibonacci circles. It provides configurable options for analyzing geometric relationships between price and time, used to identify potential support and resistance zones derived from circle-based projections. The indicator constructs these Fibonacci circles based on two user-selected anchor points (Point A and Point B), which define the foundational price range and time duration for the geometric analysis. Key features include multiple mathematical Circle Formulas for radius scaling and several options for defining the circle's center point, enabling exploration of complex, non-linear geometric relationships between price and time distinct from traditional linear Fibonacci analysis. Available formulas incorporate various mathematical constants (π, e, φ variants, Silver Ratio) alongside traditional Fibonacci ratios, facilitating investigation into different scaling hypotheses. Furthermore, selecting the Center point relative to the A-B anchors allows these circular time-price patterns to be constructed and analyzed from different geometric perspectives. Analysis can be further tailored through detailed customization of up to 12 Fibonacci levels, including their mathematical values, colors, and visibility.. 📚 THEORY and CONCEPT 📚 Fibonacci circles represent an application of Fibonacci principles within technical analysis, extending beyond typical horizontal price levels by incorporating the dimension of time. These geometric constructions traditionally use numerical proportions, often derived from the Fibonacci sequence, to project potential zones of price-time interaction, such as support or resistance. A theoretical understanding of such geometric tools involves considering several core components: the significance of the chosen geometric origin or center point , the mathematical principles governing the proportional scaling of successive radii, and the fundamental calculation considerations (like chart scale adjustments and base radius definitions) that influence the resulting geometry and ensure its accurate representation. ⨀ Circle Center ⨀ The traditional construction methodology for Fibonacci circles begins with the selection of two significant anchor points on the chart, usually representing a key price swing, such as a swing low (Point A) and a subsequent swing high (Point B), or vice versa. This defined segment establishes the primary vector—representing both the price range and the time duration of that specific market move. From these two points, a base distance or radius is derived (this calculation can vary, sometimes using the vertical price distance, the time duration, or the diagonal distance). A center point for the circles is then typically established, often at the midpoint (time and price) between points A and B, or sometimes anchored directly at point B. Concentric circles are then projected outwards from this center point. The radii of these successive circles are calculated by multiplying the base distance by key Fibonacci ratios and other standard proportions. The underlying concept posits that markets may exhibit harmonic relationships or cyclical behavior that adheres to these proportions, suggesting these expanding geometric zones could highlight areas where future price movements might decelerate, reverse, or find equilibrium, reflecting a potential proportional resonance with the initial defining swing in both price and time. The Fibonacci Circle Zones indicator enhances traditional Fibonacci circle construction by offering greater analytical depth and flexibility: it addresses the origin point of the circles: instead of being limited to common definitions like the midpoint or endpoint B, this indicator provides a selection of distinct center point calculations relative to the initial A-B swing. The underlying idea is that the geometric source from which harmonic projections emanate might vary depending on the market structure being analyzed. This flexibility allows for experimentation with different center points (derived algorithmically from the A, B, and midpoint coordinates), facilitating exploration of how price interacts with circular zones anchored from various perspectives within the defining swing. Potential Center Points Setup : This view shows the anchor points A and B , defined by the user, which form the basis of the calculations. The indicator dynamically calculates various potential Center points ( C through N , and X ) based on the A-B structure, representing different geometric origins available for selection in the settings. Point X holds particular significance as it represents the calculated midpoint (in both time and price) between A and B. This 'X' point corresponds to the default 'Auto' center setting upon initial application of the indicator and aligns with the centering logic used in TradingView's standard Fibonacci Circle tool, offering a familiar starting point. The other potential center points allow for exploring circles originating from different geometric anchors relative to the A-B structure. While detailing the precise calculation for each is beyond the scope of this overview, they can be broadly categorized: points C through H are derived from relationships primarily within the A-B time/price range, whereas points I through N represent centers projected beyond point B, extrapolating the A-B geometry. Point J, for example, is calculated as a reflection of the A-X midpoint projected beyond B. This variety provides a rich set of options for analyzing circle patterns originating from historical, midpoint, and extrapolated future anchor perspectives. Default Settings (Center X, FibCircle) : Using the default Center X (calculated midpoint) with the default FibCircle . Although circles begin plotting only after Point B is established, their curvature shows they are geometrically centered on X. This configuration matches the standard TradingView Fib Circle tool, providing a baseline. Centering on Endpoint B : Using Point B, the user-defined end of the swing, as the Center . This anchors the circular projections directly to the swing's termination point. Unlike centering on the midpoint (X) or start point (A), this focuses the analysis on geometric expansion originating precisely from the conclusion of the measured A-B move. Projected Center J : Using the projected Point J as the Center . Its position is calculated based on the A-B swing (conceptually, it represents a forward projection related to the A-X midpoint relationship) and is located chronologically beyond Point B. This type of forward projection often allows complete circles to be visualized as price develops into the corresponding time zone. Time Symmetry Projection (Center L) : Uses the projected Point L as the Center . It is located at the price level of the start point (A), projected forward in time from B by the full duration of the A-B swing . This perspective focuses analysis on temporal symmetry , exploring geometric expansions from a point representing a full time cycle completion anchored back at the swing's origin price level. ⭕ Circle Formula Beyond the center point , the expansion of the projected circles is determined by the selected Circle Formula . This setting provides different mathematical methods, or scaling options , for scaling the circle radii. Each option applies a distinct mathematical constant or relationship to the base radius derived from the A-B swing, allowing for exploration of various geometric proportions. eScaled Mathematical Basis: Scales the radius by Euler's number ( e ≈ 2.718), the base of natural logarithms. This constant appears frequently in processes involving continuous growth or decay. Enables investigation of market geometry scaled by e , exploring relationships potentially based on natural exponential growth applied to time-price circles, potentially relevant for analyzing phases of accelerating momentum or volatility expansion. FibCircle Mathematical Basis: Scales the radius to align with TradingView’s built-in Fibonacci Circle Tool. Provides a baseline circle size, potentially emulating scaling used in standard drawing tools, serving as a reference point for comparison with other options. GoldenFib Mathematical Basis: Scales the radius by the Golden Ratio (φ ≈ 1.618). Explores the fundamental Golden Ratio proportion, central to Fibonacci analysis, applied directly to circular time-price geometry, potentially highlighting zones reflecting harmonic expansion or retracement patterns often associated with φ. GoldenContour Mathematical Basis: Scales the radius by a factor derived from Golden Ratio geometry (√(1 + φ²) / 2 ≈ 0.951). It represents a specific geometric relationship derived from φ. Allows analysis using proportions linked to the geometry of the Golden Rectangle, scaled to produce circles very close to the initial base radius. This explores structural relationships often associated with natural balance or proportionality observed in Golden Ratio constructions. SilverRatio Mathematical Basis: Scales the radius by the Silver Ratio (1 + √2 ≈ 2.414). The Silver Ratio governs relationships in specific regular polygons and recursive sequences. Allows exploration using the proportions of the Silver Ratio, offering a significant expansion factor based on another fundamental metallic mean for comparison with φ-based methods. PhiDecay Mathematical Basis: Scales the radius by φ raised to the power of -φ (φ⁻ᵠ ≈ 0.53). This unique exponentiation explores a less common, non-linear transformation involving φ. Explores market geometry scaled by this specific phi-derived factor which is significantly less than 1.0, offering a distinct contractile proportion for analysis, potentially relevant for identifying zones related to consolidation phases or decaying momentum. PhiSquared Mathematical Basis: Scales the radius by φ squared, normalized by dividing by 3 (φ² / 3 ≈ 0.873). Enables investigation of patterns related to the φ² relationship (a key Fibonacci extension concept), visualized at a scale just below 1.0 due to normalization. This scaling explores projections commonly associated with significant trend extension targets in linear Fibonacci analysis, adapted here for circular geometry. PiScaled Mathematical Basis: Scales the radius by Pi (π ≈ 3.141). Explores direct scaling by the fundamental circle constant (π), investigating proportions inherent to circular geometry within the market's time-price structure, potentially highlighting areas related to natural market cycles, rotational symmetry, or full-cycle completions. PlasticNumber Mathematical Basis: Scales the radius by the Plastic Number (approx 1.3247), the third metallic mean. Like φ and the Silver Ratio, it is the solution to a specific cubic equation and relates to certain geometric forms. Introduces another distinct fundamental mathematical constant for geometric exploration, comparing market proportions to those potentially governed by the Plastic Number. SilverFib Mathematical Basis: Scales the radius by the reciprocal Golden Ratio (1/φ ≈ 0.618). Explores proportions directly related to the core 0.618 Fibonacci ratio, fundamental within Fibonacci-based geometric analysis, often significant for identifying primary retracement levels or corrective wave structures within a trend. Unscaled Mathematical Basis: No scaling applied. Provides the base circle defined by points A/B and the Center setting without any additional mathematical scaling, serving as a pure geometric reference based on the A-B structure. 🧪 Advanced Calculation Settings Two advanced settings allow further refinement of the circle calculations: matching the chart's scale and defining how the base radius is calculated from the A-B swing. The Chart Scale setting ensures geometric accuracy by aligning circle calculations with the chart's vertical axis display. Price charts can use either a standard (linear) or logarithmic scale, where vertical distances represent price changes differently. The setting offers two options: Standard : Select this option when the price chart's vertical axis is set to a standard linear scale. Logarithmic : It is necessary to select this option if the price chart's vertical axis is set to a logarithmic scale. Doing so ensures the indicator adjusts its calculations to maintain correct geometric proportions relative to the visual price action on the log-scaled chart. The Radius Calc setting determines how the fundamental base radius is derived from the A-B swing, offering two primary options: Auto : This is the default setting and represents the traditional method for radius calculation. This method bases the radius calculation on the vertical price range of the A-B swing, focusing the geometry on the price amplitude. Geometric : This setting provides an alternative calculation method, determining the base radius from the diagonal distance between Point A and Point B. It considers both the price change and the time duration relative to the chart's aspect ratio, defining the radius based on the overall magnitude of the A-B price-time vector. This choice allows the resulting circle geometry to be based either purely on the swing's vertical price range ( Auto ) or on its combined price-time movement ( Geometric ). 🖼️ CHART EXAMPLES 🖼️ Default Behavior (X Center, FibCircle Formula) : This configuration uses the midpoint ( Center X) and the FibCircle scaling Formula , representing the indicator's effective default setup when 'Auto' is selected for both options initially. This is designed to match the output of the standard TradingView Fibonacci Circle drawing tool. Center B with Unscaled Formula : This example shows the indicator applied to an uptrend with the Center set to Point B and the Circle Formula set to Unscaled . This configuration projects the defined levels (0.236, 0.382, etc.) as arcs originating directly from the swing's termination point (B) without applying any additional mathematical scaling from the formulas. Visualization with Projected Center J : Here, circles are centered on the projected point J, calculated from the A-B structure but located forward in time from point B. Notice how using this forward-projected origin allows complete inner circles to be drawn once price action develops into that zone, providing a distinct visual representation of the expanding geometric field compared to using earlier anchor points. ( Unscaled formula used in this example). PhiSquared Scaling from Endpoint B : The PhiSquared scaling Formula applied from the user-defined swing endpoint (Point B). Radii expand based on a normalized relationship with φ² (the square of the Golden Ratio), creating a unique geometric structure and spacing between the circle levels compared to other formulas like Unscaled or GoldenFib . Centering on Swing Origin (Point A) : Illustrates using Point A, the user-defined start of the swing, as the circle Center . Note the significantly larger scale and wider spacing of the resulting circles. This difference occurs because centering on the swing's origin (A) typically leads to a larger base radius calculation compared to using the midpoint (X) or endpoint (B). ( Unscaled formula used). Center Point D : Point D, dynamically calculated from the A-B swing, is used as the origin ( Center =D). It is specifically located at the price level of the swing's start point (A) occurring precisely at the time coordinate of the swing's end point (B). This offers a unique perspective, anchoring the geometric expansion to the initial price level at the exact moment the defining swing concludes. ( Unscaled formula shown). Center Point G : Point G, also dynamically calculated from the A-B swing, is used as the origin ( Center =G). It is located at the price level of the swing's endpoint (B) occurring at the time coordinate of the start point (A). This provides the complementary perspective to Point D, anchoring the geometric expansion to the final price level achieved but originating from the moment the swing began . As observed in the example, using Point G typically results in very wide circle projections due to its position relative to the core A-B action. ( Unscaled formula shown). Center Point I: Half-Duration Projection : Using the dynamically calculated Point I as the Center . Located at Point B's price level but projected forward in time by half the A-B swing duration , Point I's calculated time coordinate often falls outside the initially visible chart area. As the chart progresses, this origin point will appear, revealing large, sweeping arcs representing geometric expansions based on a half-cycle temporal projection from the swing's endpoint price. ( Unscaled formula shown). Center Point M : Point M, also dynamically calculated from the A-B swing, serves as the origin ( Center =M). It combines the midpoint price level (derived from X) with a time coordinate projected forward from Point B by the full duration of the A-B swing . This perspective anchors the geometric expansion to the swing's balance price level but originates from the completion point of a full temporal cycle relative to the A-B move. Like other projected centers, using M allows for complete circles to be visualized as price progresses into its time zone. ( SilverFib formula shown). Geometric Validation & Functionality : Comparing the indicator (red lines), using its default settings ( Center X, FibCircle Formula ), against TradingView's standard Fib Circle tool (green lines/white background). The precise alignment, particularly visible at the 1.50 and 2.00 levels shown, validates the core geometry calculation. 🛠️ CONFIGURATION AND SETTINGS 🛠️ The Fibonacci Circle Zones indicator offers a range of configurable settings to tailor its functionality and visual representation. These options allow customization of the circle origin, scaling method, level visibility, visual appearance, and input points. Center and Formula Settings for selecting the circle origin and scaling method. Center : Dropdown menu to select the origin point for the circles. Auto : Automatically uses point X (the calculated midpoint between A and B). Selectable points including start/end (A, B), midpoint (X), plus various points derived from or projected beyond the A-B swing (C-N). Circle Formula : Dropdown menu to select the mathematical method for scaling circle radii. Auto : Automatically selects a default formula ('FibCircle' if Center is 'X', 'Unscaled' otherwise). Includes standard Fibonacci scaling ( FibCircle, GoldenFib ), other mathematical constants ( PiScaled, eScaled ), metallic means ( SilverRatio ), phi transformations ( PhiDecay, PhiSquared ), and others. Fib Levels Configuration options for the 12 individual Fibonacci levels. Advanced Settings Settings related to core calculation methods. Radius Calc : Defines how the base radius is calculated (e.g., 'Auto' for vertical price range, 'Geometric' for diagonal price-time distance). Chart Scale : Aligns circle calculations with the chart's vertical axis setting ('Standard' or 'Logarithmic') for accurate visual proportions. Visual Settings Settings controlling the visual display of the indicator elements. Plots : Dropdown controlling which parts of the calculated circles are displayed ( Upper , All , or Lower ). Labels : Dropdown controlling the display of the numerical level value labels ( All , Left , Right , or None ). Setup : Dropdown controlling the visibility of the initial setup graphics ( Show or Hide ). Info : Dropdown controlling the visibility of the small information table ( Show or Hide ). Text Size : Adjusts the font size for all text elements displayed by the indicator (Value ranges from 0 to 36). Line Width : Adjusts the width of the circle plots (1-10). Time/Price Inputs for the anchor points defining the base swing. These settings define the start (Point A) and end (Point B) of the price swing used for all calculations. Point A (Time, Price) : Input fields for the exact time coordinate and price level of the swing's starting point (A). Point B (Time, Price) : Input fields for the exact time coordinate and price level of the swing's ending point (B). Interactive Adjustment : Points A and B can typically be adjusted directly by clicking and dragging their markers on the chart (if 'Setup' is set to 'Show'). Changes update settings automatically. 📝 NOTES 📝 Fibonacci circles begin plotting only once the time corresponding to Point B has passed and is confirmed on the chart. While potential center locations might be visible earlier (as shown in the setup graphic), the final circle calculations require the complete geometry of the A-B swing. This approach ensures that as new price bars form, the circles are accurately rendered based on the finalized A-B relationship and the chosen center and scaling. The indicator's calculations are anchored to user-defined start (A) and end (B) points on the chart. When switching between charts with significantly different price scales (e.g., from an index at 5,000 to a crypto asset at $0.50), it is typically necessary to adjust these anchor points to ensure the circle elements are correctly positioned and scaled. ⚠️ DISCLAIMER ⚠️ The Fibonacci Circle Zones indicator is a visual analysis tool designed to illustrate Fibonacci relationships through geometric constructions incorporating curved lines, providing a structured framework for identifying potential areas of price interaction. Like all technical and visual indicators, these visual representations may visually align with key price zones in hindsight, reflecting observed price dynamics. It is not intended as a predictive or standalone trading signal indicator. The indicator calculates levels and projections using user-defined anchor points and Fibonacci ratios. While it aims to align with TradingView’s standard Fibonacci circle tool by employing mathematical and geometric formulas, no guarantee is made that its calculations are identical to TradingView's proprietary methods. 🧠 BEYOND THE CODE 🧠 The Fibonacci Circle Zones indicator, like other xxattaxx indicators , is designed with education and community collaboration in mind. Its open-source nature encourages exploration, experimentation, and the development of new Fibonacci and grid calculation indicators and tools. We hope this indicator serves as a framework and a starting point for future Innovation and discussions.
Pine Script® indicator
by xxattaxx
1
VOLGHAN STGForex Robots: A Comprehensive Guide for Traders Introduction In the dynamic world of Forex trading, various tools exist to assist traders in making decisions and executing trades. One popular yet controversial tool is the Forex Robot, also known as an Expert Advisor (EA). These robots are software programs designed to automatically execute trades based on a predefined set of rules and algorithms. What is a Forex Robot and How Does It Work? A Forex robot is a computer program that connects directly to your trading platform (like MetaTrader 4 or 5). These robots are designed to analyze currency price movements. They use technical indicators, price patterns, or custom trading strategies to identify buy or sell signals. When a signal matching the robot's programmed rules is detected, the robot can automatically open or close a trade in your account without human intervention. The primary goal of using robots is to automate the trading process and eliminate the need for constant market monitoring. Advantages of Using Forex Robots: Automated & 24/7 Trading: Robots can analyze the market and trade continuously, even while you are asleep or busy with other activities. High Execution Speed: Robots can react to market changes and execute trades in fractions of a second, much faster than a human can. Emotionless Trading: One of the biggest challenges for traders is overcoming emotions like fear and greed. Robots operate purely based on logic and programmed rules, unaffected by emotions. Backtesting: Most robots offer the ability to test their strategy on historical market data. This allows you to evaluate the robot's potential performance before using real money. Strategy Adherence: Robots strictly and consistently follow the defined trading strategy without deviating from the rules. Disadvantages and Risks of Using Forex Robots: No Profit Guarantee: No Forex robot can guarantee profits. Past performance is not indicative of future results, as market conditions are constantly changing. Need for Optimization: Strategies that work today may not work tomorrow. Robots require periodic monitoring, adjustments, and optimization to adapt to new market conditions. Risk of Scams: The market is flooded with robots sold with unrealistic promises of huge profits. Many of these robots are either ineffective or outright scams. Technical Issues: Robots require a stable internet connection and an active trading platform to function correctly. Internet outages or server problems can lead to missed trades or incorrect execution. Using a Virtual Private Server (VPS) is often recommended. Curve Fitting: Some robots might be overly optimized to perform well on specific historical data (curve fitting), leading to poor performance in live, real-time market conditions. Things to Consider Before Using a Forex Robot: Thorough Research: Before buying or using any robot, research it extensively. Look for independent reviews, verified performance results (e.g., via sites like Myfxbook), and feedback from other users. Understand the Strategy: Try to understand the logic and trading strategy behind the robot. Not knowing how the robot works makes risk management difficult. Demo Account Testing: Always test the robot extensively on a demo account before using it with real money to familiarize yourself with its performance and settings. Risk Management: Even when using a robot, risk management principles are crucial. Carefully set parameters for trade size (lot size), stop-loss, and take-profit. Realistic Expectations: Remember that robots are tools to aid trading, not magical money-making machines. There is always a risk of losing capital. Conclusion Forex robots can be powerful tools for automating trades and capitalizing on market opportunities, especially for those who lack the time or inclination for constant market analysis. However, their use is not without risk. Success with Forex robots requires careful selection, proper understanding, thorough testing, appropriate risk management, and realistic expectations. Never risk money you cannot afford to lose, whether trading manually or using a robot.
Pine Script® strategy
by volghan
HTF Support & Resistance Zones📌 English Description: HTF Support & Resistance Zones is a powerful indicator designed to auto-detect key support and resistance levels from higher timeframes (Daily, Weekly, Monthly, Yearly). It displays the number of touches for each level and automatically classifies its strength (Weak – Strong – Very Strong) with full customization options. ✅ Features: Auto-detection of support/resistance from HTFs Strength calculation based on touch count Clean visual display with color, size, and label customization Ideal for scalping and intraday trading 📌 الوصف العربي: مؤشر "HTF Support & Resistance Zones" يساعد المتداولين على تحديد أهم مناطق الدعم والمقاومة المستخرجة تلقائيًا من الفريمات الكبيرة (اليومي، الأسبوعي، الشهري، السنوي). يعرض المؤشر عدد اللمسات لكل مستوى ويقيّم قوته تلقائيًا (ضعيف – قوي – قوي جدًا)، مع خيارات تخصيص كاملة للعرض. ✅ ميزات المؤشر: دعم/مقاومة تلقائية من الفريمات الكبيرة تقييم تلقائي لقوة المستويات بناءً على عدد اللمسات عرض مرئي مرن مع تحكم بالألوان، الحجم، الشكل، والخلفية مناسب للتداولات اليومية والسكالبينج
Pine Script® indicator
by www_osmanmoner
Professional MSTI+ Trading Indicator"Professional MSTI+ Trading Indicator" is a comprehensive technical analysis tool that combines over 20 indicators to generate high-quality trading signals and assess market sentiment. The script integrates standard indicators (MACD, RSI, Bollinger Bands, Stochastic, Simple Moving Averages, and Volume Analysis) with advanced components (Squeeze Momentum, Fisher Transform, True Strength Index, Heikin-Ashi, Laguerre RSI, Hull MA) and further includes metrics such as ADX, Chaikin Money Flow, Williams %R, VWAP, and EMA for in-depth market analysis. Key Features: Multiple Presets for Different Trading Styles: Choose from optimal configurations like Professional, Swing Trading, Day Trading, Scalping, or Reversal Hunter. Note that the presets may not work perfectly on all pairs, and manual calibration might be required. This flexibility allows you to fine-tune the settings to align with your unique strategies and signals. Multi-Layered Signal Filtering: Filters based on trend, volume, and volatility help eliminate false signals, enhancing the accuracy of market entries. Comprehensive Fear & Greed Index: The indicator aggregates data from RSI, volatility, momentum, trend, and volume to gauge overall market sentiment, providing an additional layer of market context. Dynamic Information Panel: Displays detailed status updates for each component (e.g., MACD, RSI, Laguerre RSI, TSI, Fisher Transform, Squeeze, Hull MA, etc.) along with a visual strength bar that represents the intensity of the trading signal. Signal Generation: Buy and sell signals are generated when a predefined number of conditions are met and confirmed over multiple bars. These signals are clearly displayed on the chart with arrows, making it easier to spot potential entry and exit points. Alert Setup: Built-in alert conditions allow you to receive real-time notifications when trading signals are generated, helping you stay on top of market movements. "Professional MSTI+ Trading Indicator" is designed to enhance your trading strategy by providing a multi-faceted market analysis and an intuitive visual interface. While the presets offer a robust starting point, they may require manual calibration on certain pairs, giving you the flexibility to configure your own unique strategies and signals.
Pine Script® indicator
by mindmarket
1