Alert TrendThis indicator is designed to function as a dynamic BIAS tool but can be adapted to various strategies depending on user needs.
Key Features and Integration:
Personally, I pair it with theย "EMA Suite"ย indicator, as my strategy revolves around Fibonacci-based moving averages. The indicator usesย EMA 55ย andย EMA 233ย as trend references, triggering a trend shift when a candle closes fully above or below these levels. To maintain structural integrity, the EMA values are not user-configurable in the settings: adjustments require direct script modification (e.g., switching to EMA 50 and EMA 200, widely recognized reference levels), this ensures logical consistency for advanced users familiar with Pine Script.
Output Signals and Interpretation:
The indicator generates four distinct signals:
1. Uptrend: Candle closesย aboveย both EMA 55 and EMA 233.
2. Weak Uptrend: Candle closesย aboveย EMA 55 butย belowย EMA 233.
3. Downtrend: Candle closesย belowย both EMA 55 and EMA 233.
4. Weak Downtrend: Candle closesย belowย EMA 55 butย aboveย EMA 233.
The area between the two EMAs represents aย "complex zone"ย where price action contradicts higher timeframe trends. To resolve ambiguity, combine this indicator with a primary timeframe (e.g., H4) and a confirmation timeframe (e.g., H1). In smaller timeframes may also serve as entry signals, a feature currently under exploration for automation.
Alert System and Strategy Integration:
The indicator includes customizable alerts for all four signals collectively or individually, streamlining integration into Strategy scripts. This flexibility enhances adaptability for backtesting or live trading.
Critical Note:
Configure the indicator to display exclusively on the selected timeframe. Higher intervals fail to render all signals due to overlapping visualizations, distorting analysis. To resolve this, set the visibility parameter to "Visibility on intervals/Current interval and below" in the chart settings. This ensures clarity and preserves signal accuracy.
Development Status and Collaboration:
As part of an ongoing project, this tool is already integrated into my personal strategy. While functional and publicly shareable, further refinements are planned. Though not a professional developer, I utilize Deepseek for coding assistance and possess sufficient Pine Script literacy to oversee the logic. Feedback, suggestions, and collaborations are welcome to optimize its utility.
I hope this tool proves valuable to fellow traders navigating multi-timeframe analysis and trend confirmation.
Indicators and strategies
Smart S/R ZonesThis is not your average S/R script.
It combines proximity, bounce frequency, and volume clustering to automatically identify the most reliable support and resistance zones on your chart โ no guesswork needed.
How It Works:
โข Scans for recent highs/lows, SMA50 & SMA200, and pivot swing points
โข Ranks each potential level using a weighted scoring system:
โข Proximity to current price (50%)
โข Bounce Count (30%) โ how many times price respected that level
โข Volume Score (20%) โ how much volume traded around that level
โข The top support and resistance levels are plotted with:
โข Clear dashed lines
โข Color-filled zones
โข Simple percentage distance labels
Why This Script Stands Out:
โข No settings to tweak โ it just works
โข Helps you react faster with high-confidence levels
โข Adapts to any market: crypto, forex, stocks, indexes
โข Ideal for both intraday and swing trading setups
Built-in Intelligence. Clean Visuals. Zero Noise.
TrueDelta Candles๐ Description:
TrueDelta Candles is a precision tool for traders who want deeper insight into market sentiment through real-time volume delta analysis. Rather than using traditional volume bars, this indicator colors each chart candle based on the net volume deltaโthe difference between buying and selling volumeโfetched from a lower timeframe.
๐ Key Features:
๐ฏ Real Candle Coloring: Colors actual price candles based on delta volumeโgreen (buying pressure), red (selling pressure).
โฑ๏ธ Multi-Timeframe Volume Analysis: Automatically selects the appropriate lower timeframe for better delta approximation, or lets you set a custom one.
๐ฌ Order Flow Insight: Visualizes the tug-of-war between buyers and sellers within each candle.
โก Lightweight & Non-Intrusive: No clutterโjust clean color overlays on your chart candles.
๐ Live Updating: Responds instantly as new data arrives.
๐ง Ideal For:
Intraday and scalping strategies.
Momentum and breakout traders.
Order flow enthusiasts looking for a visual edge.
๐ ๏ธ How It Works:
Behind the scenes, the script uses ta.requestVolumeDelta() to retrieve granular buy/sell volume data from a lower timeframe. The net delta volume then determines whether the candle is colored green (positive delta) or red (negative delta). This makes it easy to spot when market pressure aligns or diverges from price action.
โ๏ธ Settings:
Use Custom Timeframe: Manually select the lower timeframe used for delta calculation (e.g., "1", "5").
Default Auto Mode: Automatically adapts to your current chart resolution for optimal data balance.
If you're serious about understanding the real dynamics behind every candle, TrueDelta Candles adds an essential layer of volume-based context that price alone can't offer.
FVG Candle HighlighterThis indicator highlights only the true Fair Value Gap (FVG) creator candle โ the middle candle in a 3-bar FVG formation โ with zero clutter.
๐น Bullish FVG: Candle is colored if price gaps above the high two bars back
๐น Bearish FVG: Candle is colored if price gaps below the low two bars back
โจ No boxes. No zones. Just pure, visual price-action accuracy.
๐ง Powered by Pine Script v6
๐ง Based on institutional-style FVG logic
๐ฏ Ideal for Smart Money / ICT / Order Block strategies
EMA Break & Retest + Trend TableThis script is designed to identify potential buy and sell trading opportunities based on 21 EMA (Exponential Moving Average) break and retest patterns, with confirmation from multi-timeframe trend analysis. It combines actionable signal generation with a clean, real-time trend overview table.
โ
1. EMA Break & Retest Logic
Detects when the price crosses above or below the 21 EMA and then closes in the direction of the breakout.
Generates buy signals on upward break/retest, and sell signals on downward break/retest.
โ
2. Multi-Timeframe Confirmation
Filters signals using higher timeframe trends to avoid false entries.
Buy signals are shown only if the 1H or 4H trend is bullish.
Sell signals are shown only if the 1H or 4H trend is bearish.
โ
3. Visual Signal Plotting
Displays green "BUY" labels below bars and red "SELL" labels above bars.
Users can toggle buy/sell signals on or off with checkboxes.
โ
4. Alerts
Built-in alertcondition() functions allow traders to set real-time alerts when buy or sell signals are triggered.
โ
5. Multi-Timeframe Trend Table
A dynamic table appears in the top-right corner showing trend status across:
Daily (D)
4 Hour (4H)
1 Hour (1H)
15 Minute (15M)
5 Minute (5M)
Each timeframe is marked as Bullish (green) or Bearish (red) depending on the current price vs. 21 EMA.
The latest signal (โBUYโ / โSELLโ / โโโ) is displayed at the bottom of the table.
UT Bot + Cooldown + Visual FVGSynopsis โ UT Bot + Cooldown + Visual FVG
This TradingView script combines:
โ
UT Bot Reversal Signals
Based on ATR and volatility logic
BUY when trend flips from bearish to bullish
SELL when trend flips from bullish to bearish
โ
Cooldown Filter
Limits signals to 1 per X bars (default 30)
Prevents overtrading during choppy price action
โ
Optional FVG Markers (Fair Value Gaps)
Visually shows bullish or bearish imbalances (3-bar gaps)
Does not affect signal generation โ only for confluence
๐ Ideal for traders who want clean, time-filtered signals with visual price-action context. Suitable for futures, crypto, or forex on intraday charts.
Velez Price Action Signals (with 20 & 200 SMA)Velez Price Action Signals โ With 20 & 200 SMA Overlay
This TradingView Pine Script is a clean and powerful reversal signal tool inspired by Oliver Velezโs price action philosophy, enhanced with trend context via two Simple Moving Averages.
๐ Signal Logic
Buy Signal:
Current candle sweeps below the previous 5-bar low (liquidity grab).
Candle is bullish (close > open).
The lower wick is significantly larger than the body (e.g. ratio > 1.5).
Sell Signal:
Current candle sweeps above the previous 5-bar high.
Candle is bearish (close < open).
The upper wick is significantly larger than the body.
Signals appear as BUY/SELL labels on the chart (non-repainting).
SuperTrend: Silent Shadow ๐ถ๏ธ SuperTrend: Silent Shadow โ Operate in trend. Vanish in noise.
Overview
SuperTrend: Silent Shadow is an enhanced trend-following system designed for traders who demand clarity in volatile markets and silence during indecision.
It combines classic Supertrend logic with a proprietary ShadowTrail engine and an adaptive Silence Protocol to filter noise and highlight only the cleanest signals.
Key Features
โ
Core Supertrend Logic
Built on Average True Range (ATR), this trend engine identifies directional bias with visual clarity. Lines adjust dynamically with price action and flip when meaningful reversals occur.
โ
ShadowTrail: Stepped Counter-Barrier
ShadowTrail doesnโt predict reversals โ it reinforces structure.
When price is trending, ShadowTrail forms a stepped ceiling in downtrends and a stepped floor in uptrends. This visual containment zone helps define the edges of price behavior and offers a clear visual anchor for stop-loss placement and trade containment.
โ
Silence Protocol: Adaptive Noise Filtering
During low-volatility zones, the system enters โstealth modeโ:
โข Trend lines turn white to indicate reduced signal quality
โข Fill disappears to reduce distraction
This helps avoid choppy entries and keeps your focus sharp when the market isnโt.
โ
Visual Support & Stop-Loss Utility
When trendlines flatten or pause, they naturally highlight price memory zones. These flat sections often align with:
โข Logical stop-loss levels
โข Prior support/resistance areas
โข Zones of reduced volatility where price recharges or rejects
โ
Custom Styling
Full control over line colors, width, transparency, fill visibility, and silence behavior. Tailor it to your strategy and visual preferences.
How to Use
โข Use Supertrend color to determine bias โ flips mark momentum shifts
โข ShadowTrail mirrors the primary trend as a structural ceiling/floor
โข Use flat segments of both lines to identify consolidation zones or place stops
โข White lines = low-quality signal โ stand by
โข Combine with RSI, volume, divergence, or your favorite tools for confirmation
Recommended For:
โข Traders seeking clearer trend signals
โข Avoiding false entries in sideways or silent markets
โข Identifying key support/resistance visually
โข Structuring stops around real market containment levels
โข Scalping, swing, or position trading with adaptive clarity
Built by Sherlock Macgyver
Forged for precision. Designed for silence.
When the market speaks, you listen.
When it doesnโt โ you wait in the shadows.
LULD Bands & Trading Halt Detector [Volume Vigilante]๐ LULD Bands & Trading Halt Detector
This advanced tool visualizes official Limit Up / Limit Down (LULD) price bands and detects regulatory trading halts and resumptions based on SEC and NASDAQ rules. It is engineered for high accuracy by anchoring all calculations to the 1-minute timeframe, ensuring reliable signals across any chart resolution.
๐ What Does This Script Do?
- Draws real-time LULD price band estimations and optional buffer (caution) zones directly on the chart.
- Detects trading halt resumptions by monitoring time gaps between candles and other regulatory criteria. (Note: Due to Pine Script limitations, halts cannot be detected in real-time, only resumptions after they occur.)
- Triggers real-time alerts for:
- Trading Resumptions (Limit Up & Limit Down)
- LULD Zone Entries (Caution Zone)
- Band Breaches (Limit Up and Limit Down)
- Plots historical halt resumption markers to analyse past events.
๐ How It Works:
- Implements official SEC/NASDAQ LULD rules for Tier 1 and Tier 2 securities.
- Applies special band adjustments for the final 25 minutes of trading (after 3:35 PM ET).
- Anchors all logic to the 1-minute timeframe for precise calculations, even on higher timeframe charts.
- Includes adjustable volume and volatility filters to eliminate false signals (ghost halts) on low-- liquidity assets, especially Tier 2 securities when TradingView fails to print candles.
โ๏ธ How to Use It:
1.) Apply the script to any asset or timeframe.
2.) Adjust Volume and Volatility Filters to reduce noise. (Recommended: 500,000+ volume, 10%+ volatility.)
3.) Enable or disable visual components like bands, buffer zones, and halt resumption labels.
4.) Configure alerts directly from the script settings panel.
5.) Apply alerts to individual assets via "Add Alert On..." or to entire watchlists using "Add Alert on the List."
๐งฉ What Makes This Script Unique?
- True 1-Minute Anchored Calculations: Ensures alerts and visuals match official trading halt criteria regardless of chart timeframe.
- Customisable Buffered Zones: Visualise proximity to regulatory price limits and avoid volatility traps.
- Combines halt resumption detection, limit up/down band visualisation, and real-time alerts into one clean, modular tool.
๐ Disclaimer:
This script is for educational purposes only and does not constitute financial advice. Use at your own discretion and consult a licensed financial advisor before making trading decisions based on it.
Official Resources:
- NASDAQ LULD Regulations (FAQ):
www.nasdaqtrader.com
Current Nasdaq Trading Halts:
www.nasdaqtrader.com
[blackcat] L1 Rhythm OscillatorOVERVIEW ๐๐ก
The L1 Rhythm Oscillator is an advanced oscillator designed to identify potential entry points in financial markets using a combination of Williams %R indicators and Time-Varying Moving Averages (TVMAs). This script provides traders with clear buy and sell signals that help them capitalize on trends while minimizing risk.
FEATURES ๐ก๐
Williams %R Analysis:
Base Indicator (WR0): Measures overbought/oversold conditions within a specified period.
Smoothed Indicators (WR1 & WR2): Further refined versions of WR0 to filter out noise and highlight significant trends.
Dynamic Bands:
Bull Band: Shaded area between WR0 and the bullish threshold when WR0 falls below the defined level.
Bear Band: Shaded area between WR0 and the bearish threshold when WR0 exceeds the defined level.
Trading Signals:
Buy Signal: Generated when WR1 crosses above WR2, indicating a potential upward trend reversal.
Sell Signal: Triggered when WR1 crosses below WR2, suggesting a downward trend shift.
Thresholds:
Bull Threshold (default 60%): Marks levels where the asset is considered relatively undervalued.
Bear Threshold (default 40%): Indicates regions where the asset might be overvalued.
Visual Enhancements:
Colored Bands: Clearly distinguish between bullish and bearish areas.
Horizontal Lines: Provide quick reference points for overbought/oversold levels.
Labels: Display "BUY" and "SELL" markers at key signal locations.
HOW TO USE โ๏ธ๐
Add the Indicator to Your Chart:
Open your preferred asset's chart on TradingView.
Click on โIndicatorsโ and search for โ L1 Rhythm Oscillator.โ
Add the indicator to your chart.
Customize Parameters:
Adjust these inputs according to your trading strategy:
WR Period: Sets the lookback window for calculating Williams %R.
Bull Threshold: Defines the upper limit for bullish territory.
Bear Threshold: Establishes the lower boundary for bearish territory.
TVMA Length: Controls the sensitivity of the moving average used in calculations.
Interpret Visual Elements:
Yellow Line (WR1): The first smoothed version of the base Williams %R.
Fuchsia Line (WR2): The second smoothed line derived from WR1 via TVMA.
Lime-Shaded Area: Represents Bull Band where prices are potentially undervalued.
Red-Shaded Area: Symbolizes Bear Band indicating possible overvaluation.
Horizontal Lines:
Value 0% represents perfect overbought condition.
Value 100% indicates extreme oversold state.
Bull/Bear thresholds provide additional context for interpreting market sentiment.
Act on Crossovers:
Look for instances where WR1 crosses through WR2:
When WR1 moves above WR2 โ Potential BUY opportunity.
When WR1 dips below WR2 โ Likely SELL scenario.
Consider Contextual Factors:
Combine the oscillator signals with other technical indicators like MACD, RSI, or volume analysis for more robust decision-making.
Be aware of broader market trends and news events that could impact price movements.
Manage Risk:
Always use proper stop-loss orders to protect against adverse price movements.
Consider position sizing based on available capital and risk tolerance.
LIMITATIONS โ ๏ธ๐
Historical Data Dependency: Like most oscillators, this tool relies on past data patterns which may not always predict future behavior accurately.
False Signals: No single indicator can guarantee correct predictions; false positives/negatives can arise during volatile periods.
Overfitting Risks: Customized settings might work well historically but fail under different market conditions without careful validation.
Complexity: Multiple layers of smoothing and crossover logic require understanding to interpret correctly.
NOTES ๐๐
Parameter Optimization: Experiment with various combinations of WR Period, Bull/Bear Thresholds, and TVMA Length to find what works best for specific assets and timeframes.
Regular Review: Continuously monitor the performance of the indicator versus actual outcomes, adjusting parameters as needed.
Educational Resources: Deepen your knowledge about oscillator strategies, particularly focusing on how they detect reversals and momentum shifts.
Consistency Key: For successful implementation, maintain consistent rules regarding trade entries/exits regardless of short-term fluctuations.
Coinbase Premium IndicatorPurpose
Indicates whether a crypto asset listed on a Coinbase spot market is trading at a premium or discount to other spot (Tether) markets.
How It Works
The script takes the base currency for the pair loaded in that TradingView window and searches for its Coinbase spot market. It also maps the base currency to the USDT (Tether) spot markets on Binance, Bybit, and OKX.
The Premium/ Discount is: (coin-btc-usd) - (sum(bnce-btc-usdt, bybt-btc-usdt, okx-btc-usdt))
General Notes
The status line of the Indicator displays the value of the premium/ discount and the market prices of the pair for each constituent exchange.
Correlation Drift๐ Correlation Drift
The Correlation Drift indicator is designed to detect shifts in market momentum by analyzing the relationship between correlation and price lag. It combines the principles of correlation analysis and lag factor measurement to provide a unique perspective on trend alignment and momentum shifts.
๐ Core Concept:
The indicator calculates the Correlation vs PLF Ratio, which measures the alignment between an assetโs price movement and a chosen benchmark (e.g., BTCUSD). This ratio reflects how well the assetโs momentum matches the market trend while accounting for price lag.
๐ How It Works:
Correlation Calculation:
The script calculates the correlation between the asset and the selected benchmark over a specified period.
A higher correlation indicates that the assetโs price movements are in sync with the benchmark.
Price Lag Factor (PLF) Calculation:
The PLF measures the difference between long-term and short-term price momentum, dynamically scaled by recent volatility.
It highlights potential overextensions or lags in the assetโs price movements.
Combining Correlation and PLF:
The Correlation vs PLF Ratio combines these metrics to detect momentum shifts relative to the trend.
The result is a dynamic, smoothed histogram that visualizes whether the asset is leading or lagging behind the trend.
๐ก How to Interpret:
Positive Values (Green/Aqua Bars):
Indicates bullish alignment with the trend.
Aqua: Rising bullish momentum, suggesting continuation.
Teal: Decreasing bullish momentum, signaling caution.
Negative Values (Purple/Fuchsia Bars):
Indicates bearish divergence from the trend.
Fuchsia: Falling bearish momentum, indicating increasing pressure.
Purple: Rising bearish momentum, suggesting potential reversal.
Clipping for Readability:
Values are clipped between -3 and +3 to prevent outliers from compressing the histogram.
This ensures clear visualization of typical momentum shifts while still marking extreme cases.
๐ Best Practices:
Use Correlation Drift as a confirmation tool in conjunction with trend indicators (e.g., moving averages) to identify momentum alignment or divergence.
Look for transitions from positive to negative (or vice versa) as signals of potential trend shifts.
Combine with volume analysis to strengthen confidence in breakout or breakdown signals.
โ ๏ธ Key Features:
Customizable Settings: Adjust the correlation length, PLF length, and smoothing factor to fine-tune the indicator for different market conditions.
Visual Gradient: The histogram changes color based on the strength and direction of the ratio, making it easy to identify shifts at a glance.
Zero Line Reference: Clearly distinguishes between bullish and bearish momentum zones.
๐ง Recommended Settings:
Correlation Length: 14 (for short to medium-term analysis)
PLF Length: 50 (to smooth out noise while capturing trend shifts)
Smoothing Factor: 3 (for enhanced clarity without excessive lag)
Benchmark Symbol: BTCUSD (or another relevant market indicator)
By providing a quantitative measure of trend alignment while accounting for price lag, the Correlation Drift indicator helps traders make more informed decisions during periods of momentum change. Whether you are trading crypto, forex, or equities, this tool can be a powerful addition to your momentum-based trading strategies.
โ ๏ธ Disclaimer:
The Correlation Drift indicator is a technical analysis tool designed to aid in identifying potential shifts in market momentum and trend alignment. It is intended for informational and educational purposes only and should not be considered as financial advice or a recommendation to buy, sell, or hold any financial instrument.
Trading financial instruments, including cryptocurrencies, involves significant risk and may result in the loss of your capital. Past performance is not indicative of future results. Always conduct thorough research and seek advice from a certified financial professional before making any trading decisions.
The developer (RWCS_LTD) is not responsible for any trading losses or adverse outcomes resulting from the use of this indicator. Users are encouraged to test and validate the indicator in a simulated environment before applying it to live trading. Use at your own risk.
Swing Point Indicator๐ How does it work?
He looks at a candle and compares it with a number of candles to the left and right.
If that candle is the highest of that group, then it is a swing high.
If that candle is the lowest, then it is a swing low.
๐ What do you use it for?
Reading market structure:
You can easily see higher highs / higher lows (bullish structure)
Or lower highs / lower lows (bearish structure)
Determining BOS & CHoCH:
If a new swing low breaks below the previous one โ Break of Structure (BOS)
If you go from HH/HL to LH/LL โ Change of Character (CHoCH)
Finding entry and exit points:
You know where to expect price reactions (at swing points)
Good for pullback entries or stop loss placement
Drawing smart zones:
You can draw from swing high to swing low for Fibs, order blocks or S&D zones
*** Translated with www.DeepL.com (free version) ***
ATR ComboA Collection of three ATRs.
The whole idea of this indicator is to easily visualise the relationship of volatility to the current price action.
The default settings are:
5 Moving Average (Pink)
50 Moving Average (Blue)
1000 Moving Average (Yellow)
Using the default settings, the Yellow line represents the larger-scale volatility average.
the Blue line represents more recent volatility and the Pink lien represents the very recent average.
Using this indicator is possible in a number of ways:
If volatility is high and directional, you will see a sharp increase in the Pink line.
If volatility is high and choppy, the Pink line will be well above the Blue line and will oscillate up and down.
If volatility is starting to cool down, the Pink line will approach the Blue and Yellow lines.
KingJakesFx CRTThis TradingView indicator is a comprehensive tool that identifies and marks significant high and low points of Candle Range Type (CRT) candles. Its standout feature is the ability to visualize these key levels across multiple timeframes, allowing traders to maintain awareness of important price zones even when analyzing shorter timeframes.
The indicator extends high and low lines into the future, creating dynamic support and resistance levels that help anticipate potential price reactions. With extensive customization options, users can tailor the visual appearance of lines, labels, and alerts to match their trading setup and preferences.
Perfect for traders who analyze multiple timeframes and want to maintain awareness of significant price levels, this indicator combines powerful technical analysis with flexible visual customization to enhance any trading strategy.
Ichimoku SentinelThis version of the Ichimoku Cloud features an alarm system helping you to catch entry and exit points and get warnings when you have to act to secure your profit.
Only relevant alerts will be triggered. For instance, if you're in a uptrend there will be alerts only when the Price crosses down Tenkan, not when crossing up.
Also, the frequent Tenkan-Kijun-Price-crossovers which occur when the price is hovering in the cloud will also not trigger alerts.
There is a warning alert when the price is approaching the cloud which is an early sign that the end of the trend is near.
You can define this warning distance to the cloud in the settings.
Conditions for long entry are the traditional triple:
- Price and Chikou-Sen above Cloud
- Chikou-Sen above Price
- Tenkan-Sen above Kijun-Sen
For Short Entries accordingly.
For Exit alerts you can chose between these options:
a) Price crosses Kijun (default)
b) Tenkan crosses Kijun
c) Price crosses Tenkan
Barcoloring : Green candles when above cloud (considered an uptrend), red when below (downtrend) and orange when within the warning distance from the cloud (consolidation)
Reversal Knockout v1.1\ Reversal Knockout v1.1 โ User Manual \
Reversal Knockout is a technical indicator designed to detect potential price turning points using a dual approach: a reversal logic with bar coloring and a combined sequence of setups, countdowns, and exhaustion patterns.
\ What does this indicator do?\
\ Colors candles\ based on the relationship between two smoothed moving averages (T3).
\ Identifies overextension conditions\ based on a sequence of 9 consecutive closes aligned with price direction.
\ Confirms exhaustion\ if, after that setup, 13 follow-through conditions (countdown) are met.
\ Highlights special signals called โKnockoutsโ\ , which represent strong potential reversal scenarios.
\ Candle Coloring\
Candles are automatically colored to make trend and potential reversal points visually easier to interpret:
๐ต Bull Trend: User-defined color (default light blue)
๐ด Bear Trend: User-defined color (default light red)
๐ก Bullish Reversal: When price crosses below the slower average (default yellow)
๐ก Bearish Reversal: When price crosses above the slower average (default yellow)
This logic is based on the relationship between two T3 moving averages (one fast, one slow), calculated with a customizable smoothing factor.
\ Setup and Countdown Logic\
Setups (9):
A bullish setup forms if the price closes below the close from 4 bars earlier for 9 consecutive candles.
A bearish setup forms if the price closes above the close from 4 bars earlier for 9 consecutive candles.
When the ninth close is completed, a green โ9โ (buy) or purple โ9โ (sell) is displayed.
Countdowns (13):
After a setup, a follow-through phase begins.
If 13 additional conditions are met (price < low\ for buys or > high\ for sells), a purple โ13โ is shown, signaling potential exhaustion.
\ Knockout: Explosive Reversal Potential\
The indicator also identifies special reversal patterns called \ Knockout\ .
These signals appear when, in addition to a โ9โ, the price shows technical excess behavior near key support or resistance zones:
Knockout โฒ (buy): Appears below the candle when a buy signal is detected with specific downside pressure conditions.
Knockout โผ (sell): Appears above the candle when a sell signal is detected with upside pressure conditions.
These signals stand out as high-probability reversal opportunities.
\ Usage Recommendations\
The indicator is designed to work on any timeframe, but it is recommended to use it alongside market structure and volume analysis.
โKnockoutโ signals may be used as high-probability trend change alerts, especially after a โ13โ.
Can be combined with momentum indicators and moving averages for greater effectiveness.
Benner Cycles๐ Overview
The Benner Cycles indicator is a visually intuitive overlay that maps out one of the most historically referenced market timing modelsโSamuel T. Bennerโs Cyclesโdirectly onto your chart. This tool highlights three distinct types of market years: Panic, Peak, and Buy years, based on the rhythmic patterns first published by Benner in the late 19th century.
Benner's work is legendary among financial historians and cycle theorists. His original charts, dating back to the 1800s, remarkably anticipated economic booms, busts, and recoveries by following repeating year intervals. This modern adaptation brings that ancient rhythm into your TradingView workspace.
๐ Background
Samuel T. Benner (1832โ1913) was an Ohioan ironworks businessman and farmer who, after losing everything in the Panic of 1873, sought to uncover the secrets of economic cycles. His work led to the famous Benner's Cycle Chart, which forecasts business activity using repeatable intervals of panic, prosperity, and opportunity.
Bennerโs method was based on a combination of numerological, agricultural, and empirical observationsโnot unlike early forms of technical and cyclical analysis. His legacy survives through a set of three rotating intervals for each market condition.
George Tritch was the individual responsible for preserving and publishing Samuel T. Bennerโs economic cycle charts after Benner's death. While Benner was the original creator of the Benner Cycle, Tritch is known for reproducing and circulating the Benner chart in the early 20th century, helping it gain broader recognition among traders, economists, and financial historians.
๐ ๏ธ Features
Overlay Background Highlights shades the chart background to reflect the current year's cycle type
Configurable Year Range defines your own historical scope using Start Year and End Year
Fully Customizable Colors & Opacity
Live Statistics Table (optional) displays next projected Panic, Peak, and Buy years as well as current yearโs market phase
Cycle Phase Logic (optional) prioritizes highlighting in order of Panic > Peak > Buy if overlaps occur
๐ Use Cases
Macro Timing Tool โ Use the cycle phases to align with broader economic rhythms (especially useful for long-term investors or cycle traders).
Market Sentiment Guide โ Panic years may coincide with recessions or major selloffs; Buy years may signal deep value or accumulation opportunities.
Overlay for Historical Studies โ Perfect for comparing past major market movements (e.g., 1837, 1929, 2008) with their corresponding cycle phase. See known limitations below.
Forecasting Reference โ Identify where we are in the repeating Benner rhythm and prepare for what's likely ahead.
โ ๏ธ Limitations
โ Not Predictive in Isolation: Use in conjunction with other tools.
โ Calendar-Based Only: This indicator is strictly time-based and does not factor in price action, volume, or volatility.
โ Historical Artifact, Not a Guarantee
โ Data Availability: This indicator's historical output is constrained by the available price history of the underlying ticker. Therefore, it cannot display cycles prior to the earliest candle on the chart.
Trend Table ZeeZeeMonMulti-Timeframe Trend Indicator
Overview
This indicator identifies trends across multiple higher timeframes and displays them in a widget on the right side of the chart. It serves as an alternative trend-filtering tool, helping traders align with the dominant market direction. Unlike traditional moving average-based trend detection (e.g., price above/below a 200 MA), this indicator assesses whether higher timeframes are genuinely trending by analyzing swing highs and lows.
Trend Definition
Uptrend: Higher highs and higher lows.
Downtrend: Lower highs and lower lows.
A trend reversal occurs when a prior high/low is breached (e.g., in a downtrend, breaking the last high signals an uptrend).
Customization Options
Lookback Period: Adjusts the sensitivity for identifying swing highs/lows (pivot points). A shorter lookback detects more frequent pivots.
Historical Pivot Visibility: Toggle to display past swing highs/lows for verification.
Support/Resistance Lines: Show dynamic levels from recent pivots on higher timeframes. Breaching these lines indicates potential trend changes.
Purpose
Helps traders:
Confirm higher timeframe trends before entering trades.
Monitor proximity to trend reversals.
Fine-tune pivot sensitivity for optimal trend detection.
Note: Works best as a supplementary trend filter alongside other trading strategies.
GapCluster SR For Intraday by Chaitu50c**GapCluster SR For Intraday by Chaitu50c**
**Overview**
GapCluster SR plots dynamic intraday support and resistance lines based on candle-to-candle gaps. Whenever an Open/Close or High/Low gap is detected, the script draws a horizontal level and โclustersโ nearby gaps into a single line to keep your chart clean. Lines automatically color-code relative to priceโgreen when below, red when above.
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**Key Features**
* **Gap Detection Modes**: Choose between Open/Close gaps (default) or High/Low gaps.
* **Clustering**: Merge levels within a user-defined vertical range to avoid clutter.
* **Dynamic Coloring**: Levels below price turn green; levels above price turn red.
* **Session Reset**: Automatically removes levels older than X days.
* **Fully Customizable**: Adjust buffer, cluster range, line width, lookback period, and both above/below colors.
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**Inputs**
| Input | Default | Description |
| ---------------------------- | :--------: | ------------------------------------------- |
| Gap Type | Open/Close | Select gap detection method |
| Price Buffer (points) | 5.0 | Maximum distance for gap matching |
| Cluster Range (points) | 100.0 | Vertical distance within which levels merge |
| Line Width | 2 | Thickness of plotted lines |
| Days to Include | 14 | Number of days to retain past levels |
| Color for Levels Above Price | red | Line color when level > current price |
| Color for Levels Below Price | green | Line color when level < current price |
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**How to Use**
1. **Add to Chart**: Apply on any intraday timeframe (1 min, 5 min, etc.).
2. **Select Mode**: Pick Open/Close or High/Low in settings.
3. **Tweak Inputs**: Raise/lower buffer for tighter/looser gap detection; adjust cluster range to group levels; change lookback (โDays to Includeโ) to control session reset.
4. **Interpret Levels**:
* **Green Lines** mark potential support zones.
* **Red Lines** mark potential resistance zones.
5. **Combine with Your Strategy**: Use alongside volume, momentum, or trend filters for confirmation.
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**Tips & Tricks**
* **Intraday Entries**: Look for price reaction at green (support) lines for long setups, or red (resistance) lines for shorts.
* **Filter Noise**: Increase the โCluster Rangeโ to consolidate many close levels into stronger, singular lines.
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**Disclaimer**
This indicator is provided โas-isโ for educational purposes only. Always backtest any setup and practice proper risk management.
Synapse Trade - Fair Value GapsNot your average FVG indicator. This FVG indicator allowed for overlapping, and invalidated FVGs to remain as the existence of Inversion Fair Value Gaps exists and, in my recent experience, has been incredibly useful finding new levels of support and resistance, even inside a currently FVG, the "invalidated" FVGs can still have an impact on price trend and react to it.
~edit: updated chart to be cleaner and include only the FVG indicator
Goldman Sachs Risk Appetite ProxyRisk appetite indicators serve as barometers of market psychology, measuring investors' collective willingness to engage in risk-taking behavior. According to Mosley & Singer (2008), "cross-asset risk sentiment indicators provide valuable leading signals for market direction by capturing the underlying psychological state of market participants before it fully manifests in price action."
The GSRAI methodology aligns with modern portfolio theory, which emphasizes the importance of cross-asset correlations during different market regimes. As noted by Ang & Bekaert (2002), "asset correlations tend to increase during market stress, exhibiting asymmetric patterns that can be captured through multi-asset sentiment indicators."
Implementation Methodology
Component Selection
Our implementation follows the core framework outlined by Goldman Sachs research, focusing on four key components:
Credit Spreads (High Yield Credit Spread)
As noted by Duca et al. (2016), "credit spreads provide a market-based assessment of default risk and function as an effective barometer of economic uncertainty." Higher spreads generally indicate deteriorating risk appetite.
Volatility Measures (VIX)
Baker & Wurgler (2006) established that "implied volatility serves as a direct measure of market fear and uncertainty." The VIX, often called the "fear gauge," maintains an inverse relationship with risk appetite.
Equity/Bond Performance Ratio (SPY/IEF)
According to Connolly et al. (2005), "the relative performance of stocks versus bonds offers significant insight into market participants' risk preferences and flight-to-safety behavior."
Commodity Ratio (Oil/Gold)
Baur & McDermott (2010) demonstrated that "gold often functions as a safe haven during market turbulence, while oil typically performs better during risk-on environments, making their ratio an effective risk sentiment indicator."
Standardization Process
Each component undergoes z-score normalization to enable cross-asset comparisons, following the statistical approach advocated by Burdekin & Siklos (2012). The z-score transformation standardizes each variable by subtracting its mean and dividing by its standard deviation: Z = (X - ฮผ) / ฯ
This approach allows for meaningful aggregation of different market signals regardless of their native scales or volatility characteristics.
Signal Integration
The four standardized components are equally weighted and combined to form a composite score. This democratic weighting approach is supported by Rapach et al. (2010), who found that "simple averaging often outperforms more complex weighting schemes in financial applications due to estimation error in the optimization process."
The final index is scaled to a 0-100 range, with:
Values above 70 indicating "Risk-On" market conditions
Values below 30 indicating "Risk-Off" market conditions
Values between 30-70 representing neutral risk sentiment
Limitations and Differences from Original Implementation
Proprietary Components
The original Goldman Sachs indicator incorporates additional proprietary elements not publicly disclosed. As Goldman Sachs Global Investment Research (2019) notes, "our comprehensive risk appetite framework incorporates proprietary positioning data and internal liquidity metrics that enhance predictive capability."
Technical Limitations
Pine Script v6 imposes certain constraints that prevent full replication:
Structural Limitations: Functions like plot, hline, and bgcolor must be defined in the global scope rather than conditionally, requiring workarounds for dynamic visualization.
Statistical Processing: Advanced statistical methods used in the original model, such as Kalman filtering or regime-switching models described by Ang & Timmermann (2012), cannot be fully implemented within Pine Script's constraints.
Data Availability: As noted by Kilian & Park (2009), "the quality and frequency of market data significantly impacts the effectiveness of sentiment indicators." Our implementation relies on publicly available data sources that may differ from Goldman Sachs' institutional data feeds.
Empirical Performance
While a formal backtest comparison with the original GSRAI is beyond the scope of this implementation, research by Froot & Ramadorai (2005) suggests that "publicly accessible proxies of proprietary sentiment indicators can capture a significant portion of their predictive power, particularly during major market turning points."
References
Ang, A., & Bekaert, G. (2002). "International Asset Allocation with Regime Shifts." Review of Financial Studies, 15(4), 1137-1187.
Ang, A., & Timmermann, A. (2012). "Regime Changes and Financial Markets." Annual Review of Financial Economics, 4(1), 313-337.
Baker, M., & Wurgler, J. (2006). "Investor Sentiment and the Cross-Section of Stock Returns." Journal of Finance, 61(4), 1645-1680.
Baur, D. G., & McDermott, T. K. (2010). "Is Gold a Safe Haven? International Evidence." Journal of Banking & Finance, 34(8), 1886-1898.
Burdekin, R. C., & Siklos, P. L. (2012). "Enter the Dragon: Interactions between Chinese, US and Asia-Pacific Equity Markets, 1995-2010." Pacific-Basin Finance Journal, 20(3), 521-541.
Connolly, R., Stivers, C., & Sun, L. (2005). "Stock Market Uncertainty and the Stock-Bond Return Relation." Journal of Financial and Quantitative Analysis, 40(1), 161-194.
Duca, M. L., Nicoletti, G., & Martinez, A. V. (2016). "Global Corporate Bond Issuance: What Role for US Quantitative Easing?" Journal of International Money and Finance, 60, 114-150.
Froot, K. A., & Ramadorai, T. (2005). "Currency Returns, Intrinsic Value, and Institutional-Investor Flows." Journal of Finance, 60(3), 1535-1566.
Goldman Sachs Global Investment Research (2019). "Risk Appetite Framework: A Practitioner's Guide."
Kilian, L., & Park, C. (2009). "The Impact of Oil Price Shocks on the U.S. Stock Market." International Economic Review, 50(4), 1267-1287.
Mosley, L., & Singer, D. A. (2008). "Taking Stock Seriously: Equity Market Performance, Government Policy, and Financial Globalization." International Studies Quarterly, 52(2), 405-425.
Oppenheimer, P. (2007). "A Framework for Financial Market Risk Appetite." Goldman Sachs Global Economics Paper.
Rapach, D. E., Strauss, J. K., & Zhou, G. (2010). "Out-of-Sample Equity Premium Prediction: Combination Forecasts and Links to the Real Economy." Review of Financial Studies, 23(2), 821-862.
Extended-hours Volume vs AVOL// โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
// Extended-Hours Volume vs AVOL โข HOW IT WORKS & HOW TO TRADE IT
// โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
//
// โ What this indicator is
// ------------------------
// โข It accumulates PRE-MARKET (04:00-09:30 ET) and AFTER-HOURS (16:00-20:00 ET)
// volume on intraday charts and compares that running total with the stockโs
// 21-day average daily volume (โAVOLโ by default).
// โข Three live read-outs are shown in the data-window/table:
//
// AH โ volume traded since the 16:00 ET close
// PM โ volume traded before the 09:30 ET open
// Ext โ AH + PM (updates in pre-market only)
// %AVOL โ Ext รท AVOL ร 100 (updates in pre-market)
//
// โข It is intended for U.S. equities but the session strings can be edited for
// other markets.
//
// โ Why it matters
// ----------------
// Big extended-hours volume almost always precedes outsized intraday range.
// By quantifying that volume as a % of โnormalโ trade (AVOL), you can filter
// which gappers and news names deserve focus *before* the bell rings.
//
// โ Quick-start trade plan (educational template โ tune to taste)
// ----------------------------------------------------------------
// 1. **Scan** the watch-list between 08:30-09:25 ET.
// โบ Keep charts on 1- or 5-minute candles with โExtended Hoursโ โ checked.
// 2. **Filter** by `Ext` or `%AVOL`:
// โ Skip if < 10 % โ very low interest
// โ Flag if 20-50 % โ strong interest, Tier-1 candidate
// โ Laser-focus if > 50 % โ crowd favourite; expect liquidity & range
// 3. **Opening Range Breakout (long example)**
// โข Preconditions: Ext โฅ 20 % & price above yesterdayโs close.
// โข Let the first 1- or 5-min bar complete after 09:30.
// โข Stop-buy 1 tick above that bar (or pre-market high โ whichever higher).
// โข Initial stop below that bar low (or pre-market low).
// โข First target = 1R or next HTF resistance.
// 4. **Red-to-Green reversal (gap-down long)**
// โข Ext โฅ 30 % but pre-market gap is negative.
// โข Enter as price reclaims yesterdayโs close on live volume.
// โข Stop under reclaim bar; scale out into VWAP / first liquidity pocket.
// 5. **Risk** โ size so the full stop is โค 1 R of account. Volume fade or
// loss of %AVOL slope is a reason to tighten or exit early.
//
// โ Tips
// ------
// โข AVOL look-back can be changed in the input panel (21 days โ ~1 month).
// โข To monitor several symbols, open a multi-chart layout and sort your
// watch-list by %AVOL descending โ leaders float to the top automatically.
// โข Replace colour constants with hex if the namespace ever gets shadowed.
//
// โ Disclaimer
// ------------
// For educational purposes only. Not financial advice. Trade your own plan.
//
// โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
