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SNIPERKILLS-IB-HIGH-LOW+Exp-Move[D/W/M]Script Feature Checklist (Updated): Initial Balance (IB) Calculation Tracks IB High and IB Low during a user-defined session (default 9:30–10:30) Plots IB High (blue), IB Low (red), and IB Midpoint (orange) Expected Movement (EM) Calculation Using VIX Calculates expected price move range based on VIX volatility index and previous close Plots EM upper (EM+) and lower (EM-) levels (purple lines) Optional rounding of levels to nearest multiple (spread input) Displays two deviation levels (% deviations from EM): First deviation (default 68%, orange dashed lines) Second deviation (default 90%, blue dashed lines) Labels for EM levels and deviations on chart Summary table with Period, EM, VIX, Previous Close Measured Move Targets Based on IB Range Defines 3 long targets above IB High (multiples 1x, 2x, 3x) Defines 3 short targets below IB Low (multiples 1x, 2x, 3x) Plots these targets in green (long) and red (short) Liquidity Sweeps Detection Detects when price breaks/sweeps below IB Low or above IB High (liquidity grab) Plots triangle shapes on bars showing IB Low Sweep (red) or IB High Sweep (blue) Market Structure Shift (MSS) Detection Detects bearish MSS (higher high + close lower) above IB High Detects bullish MSS (lower low + close higher) below IB Low Marks MSS signals with crosses: orange (bearish), green (bullish) Trade Entry Markers Based on MSS Short entry trigger if bearish MSS confirmed and close below previous low Long entry trigger if bullish MSS confirmed and close above previous high Plots labeled arrows: "AMD SHORT" (black label down), "AMD LONG" (lime label up) Fair Value Gap (FVG) Detection Detects potential Fair Value Gaps up and down Plots small squares: green below bars (FVG Up), red above bars (FVG Down) Simple Risk/Reward Levels Defines take profit (TP) and stop loss (SL) levels for short and long entries based on fixed pip multiples Plots TP and SL with colored circles on the chart Alerts for Key Events Alerts for IB Low Sweep and IB High Sweep Alerts for MSS Bearish and MSS Bullish Alerts for Short and Long entries Order Block (OB) / CISD Candle Highlight Detects large bearish displacement candle following bullish candle (CISD) Highlights the previous candle (order block candle) in purple Allows traders to anticipate potential reversals by visually identifying these order blocks
Pine Script® indicator
by ictsniperkills
Z-scored ZLEMA | OquantZ-Scored ZLEMA | Oquant This indicator combines the Zero-Lag Exponential Moving Average (ZLEMA) with Z-score normalization to present recent ZLEMA values relative to its mean. It helps users observe trend direction and momentum with reduced lag, while also highlighting potential overbought or oversold levels based on how far ZLEMA values deviate from their mean. 🧠 Concept Overview 📉 Zero Lag Exponential Moving Average (ZLEMA) The EMA is a popular tool that calculates an average price, but unlike a simple moving average, it gives more weight to recent prices. This means the EMA reacts faster to new price changes and is less affected by older data. However, even with this weighting, the EMA still introduces some lag. ZLEMA improves on the EMA by reducing this lag. It does this by adjusting how it accounts for previous prices, effectively "shifting" the data to better align the average with current market action. The result is an average that stays smooth but responds more quickly to real price changes—helping traders spot turning points or trend shifts earlier without being fooled by random noise. 📏 Z-score Normalization Once ZLEMA is calculated, the indicator applies Z-score normalization to measure how far the current ZLEMA value is from its mean. The Z-score expresses this difference using standard deviations, providing a clear, standardized scale. This helps highlight when price moves are unusually strong—either upward or downward—beyond normal fluctuations. 🔍 How This Indicator Works Smooth Price Data with ZLEMA The indicator begins by applying the Zero-Lag Exponential Moving Average (ZLEMA) to the chosen price data. Unlike a regular moving average, ZLEMA reduces the typical delay by adjusting the input data before averaging. It does this by "shifting" the price series to remove the lag caused by older prices. This way, ZLEMA stays smooth but reacts more quickly to recent price changes—helping the indicator follow market moves faster without being too noisy. Normalize ZLEMA values Using Z-score Once ZLEMA is calculated, the indicator applies Z-score normalization to measure how far the current ZLEMA value is from its mean. The Z-score expresses this difference in terms of standard deviations, creating a clear, standardized scale. This helps highlight when price moves are unusually strong—either up or down—beyond normal fluctuations. Set Signal Thresholds Two threshold levels are set on the Z-score scale—crossing above the upper threshold is considered a long (buy) signal, indicating bullish momentum, while crossing below the lower threshold is considered a short (sell) signal, indicating bearish momentum. Show Visual Signals on the Chart The Z-score and bars are plotted with colors: green when Z-score is above the bullish threshold, purple when Z-score is below the bearish threshold. ⚙️ Customizable Inputs Source: Choose the price source (close, open, etc.) for calculations. ZLEMA Length: Adjust the ZLEMA length to control smoothness versus responsiveness. Z-score period: Set the Z-score period to define how far back the indicator measures normal price behavior. Thresholds: Adjust the upper and lower thresholds to control how sensitive the indicator is to strong momentum changes. 📈 Practical Use This indicator helps identify trend directions and changes faster by combining ZLEMA with statistical analysis. It highlights when price moves are stronger than normal, making it easier to spot early signs of momentum shifts. Traders can use it to confirm trends or detect potential reversals with more timely signals. 🔔 Alert Support This indicator includes optional built-in alert conditions that notify you when the Z-score crosses above the bullish threshold (long signal) or below the bearish threshold (short signal). You can enable these alerts to get timely updates on potential momentum shifts without constantly watching the chart. ⚠️ Disclaimer: This indicator is intended for educational and informational purposes only. Trading/investing involves risk, and past performance does not guarantee future results. Always test and evaluate indicators/strategies before applying them in live markets. Use at your own risk.
Pine Script® indicator
by oquant
EMA 9 vs EMA 150 Cross Indicator//@version=5 indicator("EMA 9 vs EMA 150 Cross Indicator", overlay=true) // Input EMAs shortEmaLen = input.int(9, title="Short EMA (Fast)") longEmaLen = input.int(150, title="Long EMA (Slow)") // Calculate EMAs emaShort = ta.ema(close, shortEmaLen) emaLong = ta.ema(close, longEmaLen) // Detect Crosses bullishCross = ta.crossover(emaShort, emaLong) bearishCross = ta.crossunder(emaShort, emaLong) // Plot EMAs plot(emaShort, title="EMA 9", color=color.gray) emaColor = emaShort > emaLong ? color.green : color.red plot(emaLong, title="EMA 150", color=emaColor, linewidth=2) // Plot Arrows plotshape(bullishCross, title="Buy Signal", location=location.belowbar, color=color.green, style=shape.arrowup, size=size.small) plotshape(bearishCross, title="Sell Signal", location=location.abovebar, color=color.red, style=shape.arrowdown, size=size.small)
Pine Script® indicator
by thought_eng
BG CloseCandleThis simple yet effective strategy script allows you to schedule automated entries (Buy or Sell) at three customizable times throughout the trading day. Each session can be individually enabled, with its own execution time and trade direction. You can define: • Entry time (Hour & Minute) for each session • Whether each session should execute a Buy or a Sell order • Your preferred Take Profit and Stop Loss levels (in ticks) • Lot size per order The strategy is designed specifically for the 1-minute timeframe, offering the most precise execution of time-based entries. It resets automatically each day and limits the number of trades to a maximum of three per session. 📌 I personally use this strategy on the Nasdaq 100 E-mini Futures (NQ) for intraday setups and session-based candle closes. Perfect for testing market behavior at defined moments — ideal for overnight, premarket, or close-of-candle strategies. Thank you for your interest, and wishing you profitable trading
Pine Script® strategy
by babtrader24
EMA 9 & 150 Cross Arrow//@version=5 indicator("EMA 9 & 150 Cross Arrow", overlay=true) // Input EMAs emaShort = ta.ema(close, 9) emaLong = ta.ema(close, 150) // Detect Crosses bullishCross = ta.crossover(emaShort, emaLong) bearishCross = ta.crossunder(emaShort, emaLong) // Plot EMAs plot(emaShort, color=color.green, title="EMA 9") plot(emaLong, color=color.red, title="EMA 150") // Plot Arrows plotshape(bullishCross, title="Bullish Cross", location=location.belowbar, color=color.green, style=shape.arrowup, size=size.small) plotshape(bearishCross, title="Bearish Cross", location=location.abovebar, color=color.red, style=shape.arrowdown, size=size.small)
Pine Script® indicator
by thought_eng
X HL QA market structure tool designed to frame price action within a defined context of prior session dynamics. It accomplishes this by anchoring a set of reference levels to the high, low, and open prices of a user-specified higher timeframe (e.g., 4H, 1D, etc.) and projecting those levels onto the current chart for ongoing analysis. At its core, the indicator establishes a reference range—derived from the previous completed instance of the selected timeframe—and overlays this on the current timeframe. This range serves as a foundational structure for price interpretation in the current session. Building upon this framework, the script constructs a set of symmetrical quadrants (or deviation zones) both inside and outside of the prior range. These include: The midpoint (EQ) of the prior range Levels at ±0.25x, ±0.75x, ±1.0x, ±1.5x, and ±2.0x the range height These levels act as contextual zones that traders can use to interpret price behavior—whether it's consolidating within the prior range, approaching fair value (EQ), or expanding into directional continuation or reversal zones beyond the range. The script operates in both real-time and historical contexts. On live bars, it dynamically updates the key levels to provide an evolving view of current price positioning. Simultaneously, it supports the display of historical levels for past sessions, enabling robust backtesting and comparative analysis of price behavior relative to previous quadrant structures. Ultimately, this tool serves as a positional map, helping traders assess where price is trading relative to significant levels from the prior session, offering insights into potential support/resistance, overextension, or mean reversion scenarios. Key Technical Features Multi-Timeframe Support: request.security() is used to pull data from a user-defined higher timeframe regardless of the current chart interval. Visual Flexibility: Toggle between "line" and "channel" mode. Line color, width, and visibility are all user-controlled. Anchoring Options: Deviation levels can be calculated from either the previous period's open or its EQ (midpoint), giving flexibility depending on analytical preference. Efficient Labeling: Labels are only rendered on the last bar and are automatically cleared and redrawn to prevent duplication. Label style, size, text color, and background color are all user-configurable. Trading Application This indicator is especially suited for: 1. Mean Reversion Strategies When price moves beyond +1.0 or +1.5 deviations from the EQ or open, it may signal overextension and a potential snap back to the midpoint or range. 2. Breakout Confirmation Sustained price action beyond ±1.0 levels may indicate trend strength or continuation beyond historical balance zones. 3. Contextual Range Awareness EQ and Open provide structure from which traders can judge whether price is in a state of balance or imbalance. Labels offer at-a-glance interpretation of key levels across any chosen timeframe. 4. Fractal and Multi-Session Analysis Analysts can layer daily, weekly, and monthly versions of this indicator to observe confluence or divergence of higher timeframe structure.
Pine Script® indicator
by KinetiCapital
✅ 200 EMA + RSI Pullback + Volume Surge (Full Strategy)200 EMA Trend + RSI Pullback + Volume Surge Strategy (Advanced) 📖 Strategy Description: This strategy is designed to identify high-probability entries in trending markets using a combination of trend-following and momentum re-entry principles. It works effectively for intraday and swing trading on equities, indices, and crypto. 🔍 Entry Logic: ✅ Long Entry Conditions: Trend Confirmation: Price must be above the 200 EMA, indicating a bullish trend. RSI Pullback: RSI must drop below a defined level (default 40), indicating a healthy pullback in an uptrend. Volume Surge: Current volume must be above 1.5× the 20-period average, confirming strong buying activity. Entry Triggered on Candle Close: Ensures reliable confirmation instead of premature entries. Short Entry Conditions (reverse logic): Price below the 200 EMA RSI above threshold (default 60) Volume surge Entry only after candle close Exit Conditions: Take Profit (TP): Book profits at 2% move (configurable). Stop Loss (SL): Protect capital at 1% loss (configurable). Trailing Stop Loss (TSL): Follows the price with a 1.5% trail to lock in profits. Time-Based Exit: Closes position automatically after a fixed number of candles (default: 5 bars). Alerts: Built-in alerts notify when a Long or Short setup is triggered, allowing traders to act or automate execution. Best Used On: Timeframes: 15-minute, 1-hour, or Daily Markets: NIFTY, BANKNIFTY, RELIANCE, INFY, BTC/USD, ETH/USD Styles: Intraday, Swing, Trend-followinG Ideal For: Traders who follow pullback entries in strong trends Users looking for automated alerts and exits Strategies requiring volume confirmation + trend bias
Pine Script® strategy
by vijayanand1015
Smart Money Trap SignalSmart Money Trap Signal – Indicator Description The Smart Money Trap Signal is a precision-based trading tool designed to identify areas where institutional traders (smart money) are likely to trap retail traders through false breakouts and liquidity grabs. These traps often occur near key highs and lows, where retail traders are lured into trades just before price reverses sharply. 🔍 Key Features: Liquidity Sweep Detection Identifies false breakouts of recent swing highs or lows, signaling potential liquidity grabs by large players. Reversal Confirmation Confirms the trap using a classic price action reversal pattern (bullish or bearish engulfing), helping filter out weak signals. Optional Volume Spike Filter Allows additional confirmation based on a significant spike in volume, indicating potential institutional involvement. Buy and Sell Trap Signals 🔴 Smart Money Short (SMT↓) – Triggered when price sweeps a high and reverses down. 🟢 Smart Money Long (SMT↑) – Triggered when price sweeps a low and reverses up. Alerts & Labels Real-time alert conditions and on-chart labels to help you catch setups without missing opportunities. 📈 How to Use: Apply on Higher Timeframes (1H, 4H, Daily) for cleaner signals. Look for SMT signals at key supply/demand zones or market structure points. Combine with your existing trading strategy, such as order blocks or break of structure (BoS), for higher accuracy. Use volume filter only if you're analyzing markets where volume data is reliable. ⚠️ Disclaimer: This tool is meant to assist with trade identification, not trade execution. Always use proper risk management and validate setups with your trading plan.
Pine Script® indicator
by richiedino90
Boomerang Trading Indicator# Boomerang News Trading Indicator ## Overview The Boomerang Trading Indicator is designed to identify potential reversal opportunities following major economic news releases. This indicator analyzes the initial market reaction to news events and provides visual cues for potential counter-trend trading opportunities based on Fibonacci retracement levels. ## How It Works ### News Event Detection - Automatically detects major news release times (NFP, CPI, FOMC, etc.) - Analyzes the first significant price movement following news releases - Requires minimum candle size threshold to filter out weak reactions ### First Move Analysis The indicator employs multiple analytical methods to determine the initial market direction: **Simple Analysis (High Confidence):** - When the news candle has ≥70% body-to-total ratio, uses straightforward bullish/bearish classification **Advanced Analysis (Complex Cases):** - Volume-weighted direction analysis - Momentum and wick pattern analysis - Market structure and gap analysis - Weighted voting system combining all methods ### Entry Signal Generation Based on the "boomerang" concept where markets often reverse after initial news reactions: **For Bullish First Moves (Price Up Initially):** - Generates SHORT entry signals when price retraces to 1.25-1.5 Fibonacci levels - Visual: Red triangles above price bars **For Bearish First Moves (Price Down Initially):** - Generates LONG entry signals when price retraces to -0.25 to -0.5 Fibonacci levels - Visual: Green triangles below price bars ## Key Features ### Visual Elements - **Fibonacci Levels**: Displays key retracement levels based on the initial reaction range - **Entry Zones**: Clear visual marking of optimal entry areas - **Direction Arrows**: Shows the initial market reaction direction - **Target Levels**: Displays profit target zones at 50% and 100% retracement levels ### Information Panel Real-time display showing: - Current setup status - First move direction and body percentage - Recommended trade direction - Key price levels (reaction high/low) - Profit targets with historical success rates ### Alert System - Pre-news warnings (customizable timing) - News event notifications - Setup activation alerts - Entry signal notifications ### Success Tracking - Visual "BOOM!" animations when targets are hit - Target 1 (50% level): ~95% historical success rate - Target 2 (Main target): ~80% historical success rate ## Configuration Options ### Time Settings - News release hour and minute (customizable for different events) - Pre-news alert timing - Setup duration (default 60 bars after news) ### Fibonacci Levels - Adjustable retracement percentages - Customizable target levels - Mid-level importance weighting ### Risk Management - Minimum reaction candle size filter - Maximum risk point setting - Visual risk/reward display ### Display Options - Toggle Fibonacci level visibility - Toggle target level display - Toggle animation effects - Customizable alert preferences ## Applicable News Events This indicator is designed for high-impact economic releases: - Non-Farm Payrolls (NFP) - First Friday, 8:30 AM ET - Consumer Price Index (CPI) - Monthly, 8:30 AM ET - Producer Price Index (PPI) - Monthly, 8:30 AM ET - Gross Domestic Product (GDP) - Quarterly, 8:30 AM ET - FOMC Interest Rate Decisions - 8 times yearly, 2:00 PM ET ## Trading Strategy Framework ### Core Principle Markets often overreact to news initially, then reverse toward more rational price levels. This "boomerang effect" creates short-term trading opportunities. ### Entry Strategy 1. Wait for significant initial reaction (>10 points minimum) 2. Identify the initial direction using multi-factor analysis 3. Trade opposite to the initial reaction when price reaches sweet spot zones 4. Use Fibonacci retracement levels as entry triggers ### Risk Management - Always use appropriate position sizing - Set stop losses beyond recent swing levels - Consider market volatility and news importance - Monitor for setup invalidation signals ## Important Notes ### Educational Purpose This indicator is for educational and analytical purposes. Users should: - Thoroughly test strategies in demo environments - Understand the risks involved in news trading - Consider market conditions and volatility - Use proper risk management techniques ### Market Considerations - High volatility during news events increases both opportunity and risk - Spreads may widen significantly during news releases - Different brokers may have varying execution conditions - Economic calendar timing may vary between sources ### Limitations - Past performance does not guarantee future results - Market conditions can change, affecting strategy effectiveness - News events may have unexpected outcomes affecting normal patterns - Technical analysis should be combined with fundamental analysis ## Version Information - Compatible with TradingView Pine Script v5 - Designed for 1-minute timeframe optimal performance - Works on major forex pairs, indices, and commodities - Regular updates based on market condition changes --- **Disclaimer:** This indicator is provided for educational purposes only. Trading involves substantial risk and is not suitable for all investors. Past performance is not indicative of future results. Users should conduct their own research and consider their financial situation before making trading decisions.
Pine Script® indicator
by Turkish_Trader_
8
Perfect MA Touch – Full Setup 1,3,5,7,8,9 v2This indicator helps you track a precise candle countdown from a moving average touch, labeling key bars (1, 3, 5, 7, 8, 9) for timing entries and momentum setups — with optional coloring, alerts, and full customization. What It Detects 1. MA Touch Trigger The sequence starts when any selected moving average (up to 6 MAs, customizable) is touched by the candle's high/low range. This "perfect touch" initiates the count and labels that candle as "1". 2. Candle Number Labels After a perfect MA touch: Candle 1 = the bar that touches the MA Candle 3 = two bars after Candle 1 Candle 5 = the fifth bar after the touch Candle 7 = third bar after Candle 5 Candle 8 = fourth bar after Candle 5 Candle 9 = fifth bar after Candle 5 It creates a time-based sequence you can use to anticipate reactions or momentum shifts. 3. Customization You can: Choose between EMA or SMA for each MA (6 total) Set custom lengths for each MA (9, 20, 50, 100, 150, 200) Choose which candle numbers (1, 3, 5, 7, 8, 9) to highlight Pick font size and label color 4. Highlighting and Alerts Highlight candles (with color) when certain bars (like 3, 5, 7) print Alerts are available for all tracked bars (1, 3, 5, 7, 8, 9) Use Case Example Let’s say you want to enter trades on the 3rd candle after a perfect MA touch: You set the script to highlight candle 3. When a candle hits your chosen MA (say EMA 9), it’s labeled “1”. Two bars later, bar 3 appears — giving you a timed signal to enter if price behavior aligns. This method is especially useful when paired with: Volume confirmation Breakout or reversal patterns Support/resistance or order block zones
Pine Script® indicator
by TheTradingGoddess