Supertrend + KAMA Long StrategyThis strategy combines Supertrend and Kaufman Adaptive Moving Average (KAMA) indicators to identify long positions and manage stop-loss conditions effectively.
**Supertrend**: Determines the trend direction and helps identify entry and exit points.
**KAMA**: Adapts dynamically to market volatility and confirms trend reversals.
The strategy enters a long position when the Supertrend indicates an uptrend and the price is above the KAMA. It exits when the Supertrend switches to a downtrend and the price is below the KAMA, minimizing losses or protecting profits.
Trend Analysis
Engulfing Patterns & Inside Bar at NWOGEngulfing Patterns & Inside Bar at NWOG:
This indicator is designed to detect and display specific candlestick patterns (Bearish Engulfing, Bullish Engulfing, and Inside Bar) when they occur at the New Week Open Gap (NWOG). The indicator provides tiny dots plotted at the top of the candle for each detected pattern, keeping the chart clean and minimal. Below is a detailed description of the logic and components:
Candlestick Patterns Detected:
Bearish Engulfing:
A Bearish Engulfing pattern occurs when:
The current candle’s high is above the previous candle’s high.
The current candle’s close is below the previous candle’s low.
This pattern signals a potential downtrend and is marked by a red dot at the top of the candle.
Bullish Engulfing:
A Bullish Engulfing pattern occurs when:
The current candle’s low is below the previous candle’s low.
The current candle’s close is above the previous candle’s high.
This pattern signals a potential uptrend and is marked by a green dot at the top of the candle.
Inside Bar:
An Inside Bar pattern occurs when:
The current candle’s high is lower than the previous candle’s high.
The current candle’s low is higher than the previous candle’s low.
This pattern indicates a period of consolidation and possible breakout or breakdown, and is marked by a blue dot at the top of the candle.
New Week Open Gap (NWOG) Condition:
The patterns (Bearish Engulfing, Bullish Engulfing, and Inside Bar) are only considered valid if the candles occur within or touch the range of the New Week Open Gap (NWOG).
The NWOG is defined as the gap between:
The Friday close (previous week’s closing price).
The Monday open (current week’s opening price).
If the signal patterns (Bullish Engulfing, Bearish Engulfing, Inside Bar) align with the NWOG, a tiny dot is plotted at the top of the candle where the pattern occurs.
Visual Representation:
Red Dots: Indicate Bearish Engulfing signals that occur at the NWOG.
Green Dots: Indicate Bullish Engulfing signals that occur at the NWOG.
Blue Dots: Indicate Inside Bar Breakdown signals that occur at the NWOG.
Each dot is plotted as a tiny circle at the top of the candle, ensuring the chart remains minimal and clean without cluttering the view.
Key Features:
Minimal and Clean: The indicator only plots tiny dots at the top of the candles for the detected signals. No additional lines, labels, or other visual elements clutter the chart.
Customizable Signal Colors: Users can customize the colors for each signal type (Bearish Engulfing, Bullish Engulfing, and Inside Bar).
Alerts: Alerts are included for all detected patterns (Bullish Engulfing, Bearish Engulfing, Inside Bar) at the NWOG.
Alerts:
Bearish Engulfing Detected: Alerts when a Bearish Engulfing pattern occurs at the NWOG.
Bullish Engulfing Detected: Alerts when a Bullish Engulfing pattern occurs at the NWOG.
Inside Bar Breakdown Detected: Alerts when an Inside Bar Breakdown pattern occurs at the NWOG.
This indicator is helpful for traders who want to focus on clean, easy-to-spot patterns and trade based on market conditions near the New Week Open Gap (NWOG). The tiny dots ensure that only relevant signals are displayed without any distractions.
[Taj_treyder] signal buy-sell + ZigZagСалом ба хама Трейдерони Точик! Ман Абдулло Ахмадов хастам.
Ман ин индикатор-ро барои истифодабарии трейдер-хо ва тредуня-хои Точик сохтам,
Аз сабабе ки ин индикатор-ро ман аз 4- авторхои дигари Тредингвью гирифтам якчоя кардам онро дар руйи хати умуми монда наметонам. Шумо метавонед ин индикатор-ро озод дар графикхои худ истифода баред (Таймфрейми аз 45М, 1Н, 2Н, 4Н, то D1).
Хусусият-хои ин индикатор: Ердам кардан дар Торговляи шумо, Осон намудани Тичорати шумо дар бозорхои чахони!
1.- Муян намудани уровен-хои Сапративления ва Подержка,
2.- Муаян намудани Линия Тренда.
3.- Муаян намудани Восходящий ё Нисходящий Тренд (Рынок боло ё поён харакат дорад).
4.- Муаян намудани Точка входа-100% (чойи аники 100% Сделкаро кушодан).
5.- Мондани-100% Стоп-Лосс (чойи аники-100% мондани басс-зарар-дидан, - 2% аз Капитал).
6.- Мондани Тейк-профит (Чойи аники-100% баландтар-ини гирифтани фойда, 1/3, 1/5).
Ман ин индикаторро барои истифода барии Трейдер-хои тамоми Точикони руи замин сохтам! истифода-барии ин ройгон (бе пул, "без платно" мебошад).
Ин Индикатор кори шуморо-95% осон мекунад, Ердами аники хисоби математикии Уровинхо, Ердами аники математикии Линия-Тренда, Ердами-100% аники кушодани сделкахои Лонг ё Шорт (100%- сигналы Buy и Sell с помощью искусственного интеллекта).
Ердами фахмиши боло ё поён равии Рынокхо (100%- определения Восходящего и Нисходящего рынока).
ICCMSThis TradingView Pine Script implements the Cloud indicator, which consists of several components to analyze market trends. It calculates the Tenkan-sen (conversion line) and Kijun-sen (base line) using Donchian channel averages over specified periods. Additionally, it computes two leading spans to create a cloud (Kumo) that visually represents support and resistance levels. The script plots these lines on the chart, including a lagging span that follows the price. The cloud's fill color changes based on the relationship between the leading spans, indicating bullish or bearish conditions.
London Session High/LowPoints to the high and low of london session. Use this to show you the high and low of the session.
Support and Resistance Trading IndicatorИндикатор Support and Resistance Trading Indicator разработан для эффективной торговли на уровнях поддержки и сопротивления. Он автоматически определяет ключевые уровни, анализирует экстремумы цены за заданный период и отображает сигналы для входа в рынок на основе популярных разворотных паттернов.
Основные функции
Автоматическое определение уровней поддержки и сопротивления:
Анализ экстремумов цены за заданный пользователем период.
Игнорирование мелких рыночных движений и шума для отображения только значимых уровней.
Сигналы для входа в рынок:
Покупка: При формировании разворотного паттерна (пин-бар с длинной нижней тенью или бычье поглощение) на уровне поддержки, подтвержденного увеличением объема.
Продажа: При формировании разворотного паттерна (молот с длинной верхней тенью или медвежье поглощение) на уровне сопротивления, также подтвержденного объемом.
Отображение ключевой информации на графике:
Уровни поддержки и сопротивления в виде линий с гибкими настройками стиля и цвета.
Стрелки и метки для сигналов входа с указанием текущей цены.
Рекомендуемые уровни стоп-лосса (SL) и тейк-профита (TP) с соответствующими ценами.
Гибкие настройки:
Период для анализа уровней.
Настройка стоп-лосса: в процентах от цены.
Выбор типа тейк-профита: фиксированный (по соотношению риск/прибыль) или динамический (следующий уровень).
Параметры паттернов (например, минимальная длина тени для пин-бара).
Режимы отображения:
Минималистичный: Только уровни и сигналы для входа.
Расширенный: Дополнительная информация, включая визуализацию стоп-лосса, тейк-профита и выделение паттернов.
Кому подойдет этот индикатор?
Этот индикатор полезен для:
Трейдеров, которые торгуют от уровней поддержки и сопротивления.
Любителей паттернов Price Action.
Начинающих и опытных трейдеров, желающих автоматизировать поиск точек входа.
Как использовать?
Настройте параметры индикатора (период анализа, стиль уровней, параметры стоп-лосса и тейк-профита).
Следите за сигналами на покупку и продажу, которые отображаются стрелками и метками на графике.
Используйте рекомендуемые уровни стоп-лосса и тейк-профита для управления рисками.
Примечание
Индикатор не является торговой стратегией. Перед использованием обязательно протестируйте его на исторических данных и применяйте в сочетании с другими инструментами анализа.
//@version=6
indicator("Support and Resistance Trading Indicator", overlay=true)
// === Входные параметры ===
period = input.int(20, title="Период для расчета уровней")
support_color = input.color(color.green, title="Цвет уровня поддержки")
resistance_color = input.color(color.red, title="Цвет уровня сопротивления")
line_style = input.string("solid", title="Стиль линий", options= )
show_patterns = input.bool(true, title="Отображать паттерны на графике")
stop_loss_percent = input.float(1.0, title="Стоп-лосс (%)", step=0.1)
risk_reward_ratio = input.float(2.0, title="Соотношение риск/прибыль")
pattern_min_shadow = input.float(2.0, title="Мин. длина тени для пин-бара (%)")
mode = input.string("expanded", title="Режим отображения", options= )
// === Расчет уровней поддержки и сопротивления ===
var support_levels = array.new_float(0)
var resistance_levels = array.new_float(0)
highest_high = ta.highest(high, period)
lowest_low = ta.lowest(low, period)
is_support = low == lowest_low
is_resistance = high == highest_high
if is_support
array.push(support_levels, low)
if is_resistance
array.push(resistance_levels, high)
// Удаление старых уровней для оптимизации
if array.size(support_levels) > 10
array.shift(support_levels)
if array.size(resistance_levels) > 10
array.shift(resistance_levels)
// === Функция для отрисовки линий ===
draw_levels(levels, color, style) =>
for i = 0 to array.size(levels) - 1
line.new(x1=bar_index ,
x2=bar_index + period,
y1=array.get(levels, i),
y2=array.get(levels, i),
color=color, width=1, style=style)
// Отрисовка уровней
draw_levels(support_levels, support_color, line_style)
draw_levels(resistance_levels, resistance_color, line_style)
// === Проверка паттернов ===
is_pinbar_bullish = (close > open) and ((low / close) * 100 > pattern_min_shadow)
is_engulfing_bullish = close < open and close > open and close > open
is_pinbar_bearish = (close < open) and ((high / close) * 100 > pattern_min_shadow)
is_engulfing_bearish = close > open and close < open and close < open
is_volume_high = volume > ta.sma(volume, period)
// Сигналы для покупки и продажи
buy_signal = is_support and (is_pinbar_bullish or is_engulfing_bullish) and is_volume_high
sell_signal = is_resistance and (is_pinbar_bearish or is_engulfing_bearish) and is_volume_high
// === Отображение сигналов на графике ===
if buy_signal
label.new(bar_index, low,
str.tostring(close, "#.##") + " BUY",
style=label.style_label_up,
color=color.green,
textcolor=color.white)
if sell_signal
label.new(bar_index, high,
str.tostring(close, "#.##") + " SELL",
style=label.style_label_down,
color=color.red,
textcolor=color.white)
// === Расчет стоп-лосса и тейк-профита ===
stop_loss = buy_signal ? low * (1 - stop_loss_percent / 100) : sell_signal ? high * (1 + stop_loss_percent / 100) : na
take_profit = buy_signal ? close + (close - stop_loss) * risk_reward_ratio : sell_signal ? close - (stop_loss - close) * risk_reward_ratio : na
// Отображение стоп-лосса с ценой
if not na(stop_loss)
label.new(bar_index, stop_loss,
"SL: " + str.tostring(stop_loss, "#.##"),
style=label.style_label_left,
color=color.orange,
textcolor=color.black)
// === Визуализация сигналов через цветные линии ===
plotshape(series=buy_signal, style=shape.triangleup, location=location.belowbar, color=color.new(color.green, 0), size=size.small)
plotshape(series=sell_signal, style=shape.triangledown, location=location.abovebar, color=color.new(color.red, 0), size=size.small)
// === Дополнительное отображение ===
plot(stop_loss, title="Stop Loss", color=color.orange, style=plot.style_circles)
plot(take_profit, title="Take Profit", color=color.blue, style=plot.style_circles)
BK MA Horizontal Lines
Indicator Description:
I am incredibly proud and excited to share my first indicator with the TradingView community! This tool has been instrumental in helping me optimize my positioning and maximize my trades.
Moving Averages (MAs) are among the top three most crucial indicators for trading, and I believe that the Daily, Weekly, and Monthly MAs are especially critical. The way I’ve designed this indicator allows you to combine MAs from your Daily timeframe with one or two from the Weekly or Monthly timeframes, depending on what is most relevant for the specific product or timeframe you’re analyzing.
For optimal use, I recommend:
Spacing your chart about 11 spaces from the right side.
Setting the Labels at 10 in the indicator configuration.
Keeping the line thickness at size 1, while using size 2 for my other indicator, "BK BB Horizontal Lines", which follows a similar concept but applies to Bollinger Bands.
If you find success with this indicator, I kindly ask that you give back in some way through acts of philanthropy, helping others in the best way you see fit.
Good luck to everyone, and always remember: God gives us everything. May all the glory go to the Almighty!
MACD Bitcoin strategy con 52W High/Low (linee estese)### 📊 **MACD Bitcoin Strategy with 52-Week High/Low Dynamic Lines**
This strategy combines a **MACD-based trading system** with **dynamic horizontal lines** representing the **52-week high and low values**. These lines begin from the specific candles where the 52-week high and low were recorded and extend forward, providing crucial long-term reference points.
---
## 📈 **1. MACD Strategy Overview**
### **Entry Conditions:**
- A **weekly MACD crossover** occurs when the MACD line crosses above the signal line on a weekly timeframe.
- A **daily MACD crossover** confirms the signal when the MACD line crosses above the signal line on a daily timeframe.
- Both conditions must be met to enter a **long position**.
### **Exit Conditions:**
- A **daily MACD crossunder** occurs when the MACD line crosses below the signal line on a daily timeframe.
### **Stop Loss:**
- The stop loss is dynamically set at the **low of the daily candle** where the exit condition was triggered.
### **Trade Execution:**
- A **long position** is opened when both the weekly and daily crossover signals align.
- The **stop loss** protects against adverse price movements.
---
## 📊 **2. 52-Week High/Low Dynamic Lines**
### **How the Lines Are Calculated:**
- The **52-week high** and **low** values are derived from either:
- **Highs/Lows of weekly candles**
- **Close prices of weekly candles**
- Users can **choose** between these two calculation bases via an input setting.
### **Dynamic Line Behavior:**
- The **52-week high line** starts from the exact candle that marked the **highest high** of the past 52 weeks and extends horizontally **into the future**.
- The **52-week low line** starts from the exact candle that marked the **lowest low** of the past 52 weeks and extends horizontally **into the future**.
### **Visual Representation:**
- **Green Line:** Represents the **52-week high**.
- **Red Line:** Represents the **52-week low**.
- **Dynamic Labels:** "52W High" and "52W Low" labels are attached to the starting points of these lines for clarity.
---
## ⚙️ **3. User Customization**
- **Input Settings:** Users can choose whether the 52-week values are based on **Highs/Lows** or **Close** prices of weekly candles.
- **Dynamic Adjustments:** The horizontal lines automatically adjust as new highs or lows are registered.
---
## 📊 **4. Benefits of the Strategy**
- **Trend Confirmation:** Combines long-term weekly trends with short-term daily confirmations.
- **Dynamic Support and Resistance:** The 52-week high and low serve as strong psychological levels for traders.
- **Clear Entry/Exit Rules:** Well-defined MACD crossovers provide clarity for trade entries and exits.
- **Visual Guidance:** The horizontal lines give a clear visual representation of critical price levels.
---
## ✅ **5. Use Cases**
- **Swing Traders:** Ideal for medium to long-term trading strategies.
- **Trend Followers:** Provides confirmation on significant weekly trend shifts.
- **Support/Resistance Traders:** Utilizes 52-week levels for decision-making.
---
This strategy combines the **precision of MACD signals** with the **reliability of long-term price levels**, offering traders a balanced approach to market entry, risk management, and trend analysis. 🚀📊
ODR/PDR in Prices@DrGirishSawhneyThis indicator guide us about the recent rally of minimum 20% in any given script with consecutive green candles . the lowest point of green candle gives the buy signal and the highest point of green candle gives the sell or exit signal.
5SMA W/TrendTrend Filter for identifying 5 day trend based on direction of moving averages and price.
TRAP 02who hold positions for several days to weeks, also benefit from volume analysis. Stocks showing rising volume above their 20-bar average are often amid a strong trend, which can continue for several sessions. Rising volume suggests that a trend has momentum and may continue, providing swing traders with the potential for substantial gains.
Traders looking for positional traders can check daily volumes, while investors can keep checking weekly volumes on weekends.
Temporary Help Services Jobs - Trend Allocation StrategyThis strategy is designed to capitalize on the economic trends represented by the Temporary Help Services (TEMPHELPS) index, which is published by the Federal Reserve Economic Data (FRED). Temporary Help Services Jobs are often regarded as a leading indicator of labor market conditions, as changes in temporary employment levels frequently precede broader employment trends.
Methodology:
Data Source: The strategy uses the FRED dataset TEMPHELPS for monthly data on temporary help services.
Trend Definition:
Uptrend: When the current month's value is greater than the previous month's value.
Downtrend: When the current month's value is less than the previous month's value.
Entry Condition: A long position is opened when an uptrend is detected, provided no position is currently held.
Exit Condition: The long position is closed when a downtrend is detected.
Scientific Basis:
The TEMPHELPS index serves as a leading economic indicator, as noted in studies analyzing labor market cyclicality (e.g., Katz & Krueger, 1999). Temporary employment is often considered a proxy for broader economic conditions, particularly in predicting recessions or recoveries. Incorporating this index into trading strategies allows for aligning trades with potential macroeconomic shifts, as suggested by research on employment trends and market performance (Autor, 2001; Valetta & Bengali, 2013).
Usage:
This strategy is best suited for long-term investors or macroeconomic trend followers who wish to leverage labor market signals for equity or futures trading. It operates exclusively on end-of-month data, ensuring minimal transaction costs and noise.
BK BB Horizontal LinesIndicator Description:
I am incredibly proud and excited to share my second indicator with the TradingView community! This tool has been instrumental in helping me optimize my positioning and maximize my trades.
Bollinger Bands are a critical component of my trading strategy. I designed this indicator to work seamlessly alongside my previously introduced tool, "BK MA Horizontal Lines." This indicator focuses specifically on the Daily Bollinger Bands, applying horizontal lines to the bands for clarity and ease of use. The settings are fully adjustable to suit your preferences and trading style.
If you find success with this indicator, I kindly ask that you give back in some way through acts of philanthropy, helping others in the best way you see fit.
Good luck to everyone, and always remember: God gives us everything. May all the glory go to the Almighty!
RSI Status v2 Multi-TFThe RSI provides two values, the RSI and the RSI-EMA. This simple indicator simply displays the status of the RSI (Green/Red) and the associated values for the Weekly, Daily and 4-hour time-frames, regardless of what time-frame you are viewing. The exception is the 4-hour value, that will have a minor difference when viewed from the Daily or Weekly due to the code picking up the first 4-hour reading of the day rather than the final 4-hour (end-of-day). It will read correctly when viewing the 4-hour chart.
ROC with AveragesMain Idea
This script provides traders with a comprehensive view of market momentum by calculating the Rate of Change (ROC) and categorizing its impact into averages of positive, negative, and total values.
Key Features
Rate of Change (ROC) Calculation: Measures the percentage change in closing prices over a user-defined period.
Categorical Averages:
Positive Average: Average ROC for upward movements.
Negative Average: Average ROC for downward movements.
Total Average: Aggregate average across all movements.
Dynamic Visualization: Plots ROC alongside its categorized averages for better trend analysis.
Benefits
Simplifies the evaluation of market trends by breaking down data into actionable insights.
Helps traders identify the strength of upward or downward movements.
Offers a clear visual representation for quick decision-making.
This structure highlights the purpose and value of the script while aligning with the Minto Pyramid Principle. Let me know if you'd like further refinements!
الفكرة الرئيسية
يوفر هذا السكربت للمتداولين رؤية شاملة لزخم السوق من خلال حساب معدل التغير (ROC) وتصنيفه إلى متوسطات القيم الإيجابية والسلبية والإجمالية.
المميزات الرئيسية
حساب معدل التغير (ROC): يقيس النسبة المئوية للتغير في أسعار الإغلاق خلال فترة محددة يختارها المستخدم.
المتوسطات التصنيفية:
المتوسط الإيجابي: متوسط معدل التغير للحركات الصعودية.
المتوسط السلبي: متوسط معدل التغير للحركات الهبوطية.
المتوسط الإجمالي: متوسط إجمالي يشمل جميع الحركات.
تصور ديناميكي: يعرض معدل التغير إلى جانب المتوسطات المصنفة لتسهيل تحليل الاتجاهات.
الفوائد
يبسط تقييم اتجاهات السوق من خلال تقسيم البيانات إلى رؤى قابلة للتنفيذ.
يساعد المتداولين على تحديد قوة الحركات الصعودية أو الهبوطية.
يقدم تمثيلاً بصرياً واضحاً لاتخاذ قرارات سريعة ودقيقة.
sajjad jamshidi Support The Bull Market Support Band Strategy is a trend-following strategy that leverages the relationship between two moving averages: the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). This strategy aims to capture long positions in a bullish market when the EMA crosses above the SMA, signaling an upward trend, and to exit positions when the EMA crosses below the SMA, indicating a bearish reversal. The strategy is designed to operate on a weekly timeframe.
RSI Overbought/Oversold Entry Signals Этот индикатор на платформе **TradingView** использует **RSI (Индекс относительной силы)** для определения зон **перекупленности** и **перепроданности**. Он автоматически генерирует сигналы для входа в сделку, основанные на пересечении значений **RSI** с заранее заданными уровнями (30 и 70), что помогает трейдерам быстро идентифицировать возможные моменты для покупки или продажи.
**Основные функции:**
- **Покупка**: Индикатор генерирует сигнал для покупки, когда **RSI** пересекает уровень **перепроданности** (30) снизу вверх.
- **Продажа**: Индикатор генерирует сигнал для продажи, когда **RSI** пересекает уровень **перекупленности** (70) сверху вниз.
- **Визуальные сигналы**:
- Зелёная стрелка **"BUY"** появляется под свечой, когда сигнал на покупку.
- Красная стрелка **"SELL"** появляется над свечой, когда сигнал на продажу.
- **Изменение фона**:
- Когда **RSI** превышает уровень 70, фон графика становится красным, что сигнализирует о перекупленности.
- Когда **RSI** ниже 30, фон становится зелёным, что указывает на перепроданность.
Этот индикатор прост в использовании и может быть полезен для трейдеров, которые хотят быстро определить, находится ли актив в зоне перекупленности или перепроданности. Однако, следует учитывать, что сигналы могут быть ложными, особенно в условиях бокового рынка. Для повышения точности можно использовать дополнительные фильтры или индикаторы.
This indicator on the **TradingView** platform uses the **RSI (Relative Strength Index)** to identify **overbought** and **oversold** zones. It automatically generates signals for trade entries based on the RSI crossing predefined levels (30 and 70), helping traders quickly spot potential buy or sell opportunities.
**Key features:**
- **Buy signal**: The indicator generates a buy signal when the **RSI** crosses the **oversold** level (30) from below.
- **Sell signal**: The indicator generates a sell signal when the **RSI** crosses the **overbought** level (70) from above.
- **Visual signals**:
- A green **"BUY"** arrow appears below the candle when a buy signal is generated.
- A red **"SELL"** arrow appears above the candle when a sell signal is generated.
- **Background color change**:
- When the **RSI** exceeds the 70 level, the chart background turns red, indicating overbought conditions.
- When the **RSI** is below 30, the background turns green, indicating oversold conditions.
This indicator is simple to use and can be helpful for traders who want to quickly assess if an asset is in an overbought or oversold state. However, it’s important to note that signals can be false, especially in sideways market conditions. To increase accuracy, additional filters or indicators may be used.
### Важные замечания:
- Индикатор использует стандартные уровни **RSI** (30 и 70), что может приводить к ложным сигналам в условиях бокового рынка.
- Для улучшения стратегии рекомендуется использовать дополнительные фильтры (например, трендовые индикаторы или объемы), чтобы минимизировать ложные сигналы.
CandelaCharts - Smart Money Concepts Go (SMC Go) 📝 Overview
Discover the Smart Money Concepts GO (SMC GO) Indicator – the ultimate tool for mastering advanced price action strategies. This all-in-one solution simplifies trading by providing real-time Market Structure analysis, including Internal and Swing BOS/CHoCH, Order Blocks (OB), Premium and Discount Zones (PD), and the identification of Equal Highs and Lows. With SMC GO, traders can automatically annotate their charts with widely recognized price action techniques, gaining unparalleled insights into market behavior.
What is Smart Money Concepts GO (SMC GO)?
Smart Money Concepts (SMC) is a revolutionary approach to price action trading, focusing on liquidity and identifying optimal zones for trading decisions. By pinpointing areas where institutional traders are likely placing buy or sell orders (buy-side and sell-side liquidity), SMC empowers traders to make informed, strategic entries and exits. Whether you're a novice or a seasoned trader, adopting SMC strategies can refine your understanding of market liquidity and elevate your trading performance.
Enhance your trading edge today with the Smart Money Concepts GO indicator – your gateway to precision and success in the financial markets!
📦 Features
This script is packed with a wide range of features rooted in Price Action principles, as outlined below:
Market Structure: (BOS, CHoCH, CHoCH+) (Internal & Swing) multi-timeframe. Candle Coloring based on market structure.
Order Blocks: Order Blocks (OB), Swing Order Blocks (SOB). Multi-Timeframe support with various mitigation methods.
Fair Value Gaps: Fair Value Gaps (FVG), Opening Gaps (OG). MTF w/ multiple mitigation methods.
Premium & Discount: Strong/Weak Highs & Lows w/ volume percentages.
Highs & Lows MTF: Previous Highs/Lows (Daily, Monday's, Weekly, Monthly, Quarterly, Yearly).
Scanner: Multi-Timeframe Dashboard (5m, 15m, 30m, 1H, 4H, 1D).
⚙️ Settings
Market Structure
Show Market Structure: Display Market Structure
Swing Points: Show Swing Points. Customization options available.
Swing: Shows Swing Market Strucuture with configuration options
Internal: Shows Internal Market Strucuture with configuration options
Mode: Control Market Strucure detection mode
Plot Candle: Candle coloring based on trend bias
Bar Color: Bar coloring based on trend bias
Order Blocks
Show: Controls whether Blocks are displayed on the chart.
Show Last: Sets the number of Blocks you want to display.
Length: Determines the length detection of each Block Type.
Mitigation: Highlights when an Block has been touched, using a different color without marking it as invalid.
Timeframe: Specifies the timeframe used to detect Block. This is MTF functionality.
Mode: Sets the available options available for Blocks detection.
Filtering: Filter Blocks by CHoCH or BOS.
Positioning: Position Blocks based on various options like Full, Middle, Accurate and Precise.
Buy/Sell activity: Display volume bullish/bearish activity for each Block.
Show metrics: Display volume metrics on the Block.
Show Mid-Line: Configures the midpoint line's width and style within the Block. (Consequent Encroachment - CE)
Show Border: Defines the border width and line style of the Block.
Hide Overlap: Removes overlapping Blocks from view.
Grayscale: Display gray color on all Blocks no matter the bias.
Fair Value Gaps
Show: Controls whether Imbalances are displayed on the chart.
Show Last: Sets the number of Imbalances you want to display.
Length: Determines the length of each Imbalance.
Mitigation: Highlights when an Imbalance has been touched, using a different color without marking it as invalid.
Timeframe: Specifies the timeframe used to detect Imbalances.
Threshold: Sets the minimum gap size required for Imbalance detection on the chart.
Show Mid-Line: Configures the midpoint line's width and style within the Imbalance. (Consequent Encroachment - CE)
Show Border: Defines the border width and line style of the Imbalance.
Hide Overlap: Removes overlapping Imbalances from view.
Extend: Extends the Imbalance length to the current candle.
Elongate: Fully extends the Imbalance length to the right side of the chart.
Premium & Discount
Show Premium & Discount: Show Premium & Discount zones
Show Equilibrium: Show Equilibrium zone
Show Strong/Weak & High/Low: Show Strong/Weak & High/Low on the chart
Mode: Control displaying mode of Premium & Discount
Highs & Lows MTF
Day: Display PDH/PDL
Week: Display PWH/PWL
Month: Display PMH/PML
Quaterly: Display PQH/PQL
Yearly: Display PYH/PYL
Scanner
Scanner: Show Scanner and adjust his position
⚡️ Showcase
Market Structure
CHoCH & BOS
EQH/L
Candle Coloring
Order Blocks
Volumetric Order Blocks
Swing Volumetric Order Blocks
Fair Value Gaps
Fair Value Gaps (FVG)
Opening Gaps (OG)
Premium & Discount
Premium/Equilibrium/Discount
Strong/Weak & High/Low
Highs & Lows MTF
Scanner
📒 Usage
In the following example, the price exhibits a decisive rejection from a Bearish Order Block, highlighting a potential reversal point in the market. This rejection is further validated by the sweep of the Previous Day's High (PDH), which acts as additional confluence and reinforces the bearish bias. Such a setup indicates a high-probability trade opportunity for traders who recognize the alignment of these key price action elements.
To capitalize on this scenario, you could wait for the price to retrace into the Breaker Block—a commonly used zone of interest in Smart Money Concepts. Entering a short position at this retracement point allows for a strategically favorable risk-to-reward ratio. In this case, the Previous Day's Low (PDL) serves as a logical target for taking profits, especially given the relatively small range, which ensures a measured and tactical approach to trade execution.
By combining multiple layers of confluence—such as the Bearish Order Block rejection, the PDH sweep, and the Breaker Block retracement—you can develop a more comprehensive understanding of market dynamics and increase the likelihood of a successful trade outcome.
Smart Money Concepts GO (SMC GO) is a versatile indicator that can be applied to a wide range of market conditions and setups. Whether you're analyzing price action in trending, consolidating, or reversal scenarios, SMC offers powerful tools for identifying key zones of liquidity, institutional order flow, and high-probability trade opportunities. Its adaptability allows traders to refine their approach across various timeframes and asset classes, making it a valuable technique for both novice and experienced traders alike.
🚨 Alerts
The indicator provides the ability to set alerts for various significant market events related to its core features.
You can configure alerts for the following key events:
Change of Character (CHoCH) +B/-B
Break of Structure (BOS) +B/-B
Order Block Formation (+B/-B)
Swing Order Block Formation (+B/-B)
Fair Value Gaps Formation (+B/-B)
Opening Gaps Formation (+B/-B)
Equal Highs/Lows (EQH/EQL) +B/-B
⚠️ Disclaimer
Trading involves significant risk, and many participants may incur losses. The content on this site is not intended as financial advice and should not be interpreted as such. Decisions to buy, sell, hold, or trade securities, commodities, or other financial instruments carry inherent risks and are best made with guidance from qualified financial professionals. Past performance is not indicative of future results.
CandelaCharts - Smart Money Concepts Go (SMC Go) 📝 Overview
Discover the Smart Money Concepts GO (SMC GO) Indicator – the ultimate tool for mastering advanced price action strategies. This all-in-one solution simplifies trading by providing real-time Market Structure analysis, including Internal and Swing BOS/CHoCH, Order Blocks (OB), Premium and Discount Zones (PD), and the identification of Equal Highs and Lows. With SMC GO, traders can automatically annotate their charts with widely recognized price action techniques, gaining unparalleled insights into market behavior.
What is Smart Money Concepts GO (SMC GO)?
Smart Money Concepts (SMC) is a revolutionary approach to price action trading, focusing on liquidity and identifying optimal zones for trading decisions. By pinpointing areas where institutional traders are likely placing buy or sell orders (buy-side and sell-side liquidity), SMC empowers traders to make informed, strategic entries and exits. Whether you're a novice or a seasoned trader, adopting SMC strategies can refine your understanding of market liquidity and elevate your trading performance.
Enhance your trading edge today with the Smart Money Concepts GO indicator – your gateway to precision and success in the financial markets!
📦 Features
This script is packed with a wide range of features rooted in Price Action principles, as outlined below:
Market Structure: (BOS, CHoCH, CHoCH+) (Internal & Swing) multi-timeframe. Candle Coloring based on market structure.
Order Blocks: Order Blocks (OB), Swing Order Blocks (SOB). Multi-Timeframe support with various mitigation methods.
Fair Value Gaps: Fair Value Gaps (FVG), Opening Gaps (OG). MTF w/ multiple mitigation methods.
Premium & Discount: Strong/Weak Highs & Lows w/ volume percentages.
Highs & Lows MTF: Previous Highs/Lows (Daily, Monday's, Weekly, Monthly, Quarterly, Yearly).
Scanner: Multi-Timeframe Dashboard (5m, 15m, 30m, 1H, 4H, 1D).
⚙️ Settings
Market Structure
Show Market Structure: Display Market Structure
Swing Points: Show Swing Points. Customization options available.
Swing: Shows Swing Market Strucuture with configuration options
Internal: Shows Internal Market Strucuture with configuration options
Mode: Control Market Strucure detection mode
Plot Candle: Candle coloring based on trend bias
Bar Color: Bar coloring based on trend bias
Order Blocks
Show: Controls whether Blocks are displayed on the chart.
Show Last: Sets the number of Blocks you want to display.
Length: Determines the length detection of each Block Type.
Mitigation: Highlights when an Block has been touched, using a different color without marking it as invalid.
Timeframe: Specifies the timeframe used to detect Block. This is MTF functionality.
Mode: Sets the available options available for Blocks detection.
Filtering: Filter Blocks by CHoCH or BOS.
Positioning: Position Blocks based on various options like Full, Middle, Accurate and Precise.
Buy/Sell activity: Display volume bullish/bearish activity for each Block.
Show metrics: Display volume metrics on the Block.
Show Mid-Line: Configures the midpoint line's width and style within the Block. (Consequent Encroachment - CE)
Show Border: Defines the border width and line style of the Block.
Hide Overlap: Removes overlapping Blocks from view.
Grayscale: Display gray color on all Blocks no matter the bias.
Fair Value Gaps
Show: Controls whether Imbalances are displayed on the chart.
Show Last: Sets the number of Imbalances you want to display.
Length: Determines the length of each Imbalance.
Mitigation: Highlights when an Imbalance has been touched, using a different color without marking it as invalid.
Timeframe: Specifies the timeframe used to detect Imbalances.
Threshold: Sets the minimum gap size required for Imbalance detection on the chart.
Show Mid-Line: Configures the midpoint line's width and style within the Imbalance. (Consequent Encroachment - CE)
Show Border: Defines the border width and line style of the Imbalance.
Hide Overlap: Removes overlapping Imbalances from view.
Extend: Extends the Imbalance length to the current candle.
Elongate: Fully extends the Imbalance length to the right side of the chart.
Premium & Discount
Show Premium & Discount: Show Premium & Discount zones
Show Equilibrium: Show Equilibrium zone
Show Strong/Weak & High/Low: Show Strong/Weak & High/Low on the chart
Mode: Control displaying mode of Premium & Discount
Highs & Lows MTF
Day: Display PDH/PDL
Week: Display PWH/PWL
Month: Display PMH/PML
Quaterly: Display PQH/PQL
Yearly: Display PYH/PYL
Scanner
Scanner: Show Scanner and adjust his position
⚡️ Showcase
Market Structure
CHoCH & BOS
EQH/L
Candle Coloring
Order Blocks
Volumetric Order Blocks
Swing Volumetric Order Blocks
Fair Value Gaps
Fair Value Gaps (FVG)
Opening Gaps (OG)
Premium & Discount
Premium/Equilibrium/Discount
Strong/Weak & High/Low
Highs & Lows MTF
Scanner
📒 Usage
In the following example, the price exhibits a decisive rejection from a Bearish Order Block, highlighting a potential reversal point in the market. This rejection is further validated by the sweep of the Previous Day's High (PDH), which acts as additional confluence and reinforces the bearish bias. Such a setup indicates a high-probability trade opportunity for traders who recognize the alignment of these key price action elements.
To capitalize on this scenario, you could wait for the price to retrace into the Breaker Block—a commonly used zone of interest in Smart Money Concepts. Entering a short position at this retracement point allows for a strategically favorable risk-to-reward ratio. In this case, the Previous Day's Low (PDL) serves as a logical target for taking profits, especially given the relatively small range, which ensures a measured and tactical approach to trade execution.
By combining multiple layers of confluence—such as the Bearish Order Block rejection, the PDH sweep, and the Breaker Block retracement—you can develop a more comprehensive understanding of market dynamics and increase the likelihood of a successful trade outcome.
Smart Money Concepts GO (SMC GO) is a versatile indicator that can be applied to a wide range of market conditions and setups. Whether you're analyzing price action in trending, consolidating, or reversal scenarios, SMC offers powerful tools for identifying key zones of liquidity, institutional order flow, and high-probability trade opportunities. Its adaptability allows traders to refine their approach across various timeframes and asset classes, making it a valuable technique for both novice and experienced traders alike.
🚨 Alerts
The indicator provides the ability to set alerts for various significant market events related to its core features.
You can configure alerts for the following key events:
Change of Character (CHoCH) +B/-B
Break of Structure (BOS) +B/-B
Order Block Formation (+B/-B)
Swing Order Block Formation (+B/-B)
Fair Value Gaps Formation (+B/-B)
Opening Gaps Formation (+B/-B)
Equal Highs/Lows (EQH/EQL) +B/-B
⚠️ Disclaimer
Trading involves significant risk, and many participants may incur losses. The content on this site is not intended as financial advice and should not be interpreted as such. Decisions to buy, sell, hold, or trade securities, commodities, or other financial instruments carry inherent risks and are best made with guidance from qualified financial professionals. Past performance is not indicative of future results.
Trend Trading SetupTrend Trading Setup is an indicator that is designed to assist with trend trading by indicating when the basic conditions for a trade in either direction are met.
Note: Default values assume the 1-hour chart
The idea is that this will allow a trader to know for the first glance if a market is worthy of closer inspection or not.
Indicator Features:
1. Simple Moving Averages - defining the basic trade conditions
5 - Day Moving Average
20 - Day Moving Average
50 - Day Moving Average
2. Visualisation of The Price Location In Relation To The 5 - Day Moving Average
If price is above the 5-day Moving Average, the space between them is green. If price is below the 5-day Moving Average, the space between them is red.
3. Risk Management Section - calculates an ATR-based stop loss.
4. Indication When The Conditions Are Met
If the conditions for a bullish bias are met, the chart background is green. If the conditions for a bearish bias are met, the chart background is red. If none of the conditions are met, the chart background is left as is.
A user can adjust the length of any of the Moving Averages as well as the length of the ATR and the ATR Multiplier for the stop loss size. Default values assume the 1-hour chart, but surprisingly the settings seem to show logical results also on other time frames.
The Setup:
Bullish - 5-day Moving Average is above the 50-day Moving Average. The slope of both of the Moving Averages is positive and the price has to be above the 5-day Moving Average.
Bearish - Exactly the same as for the bullish bias, but opposite.
I do not recommend to take this Trend Trading Setup indicator as the only reason for a position. However, I believe it can be very useful to show when the overall conditions are in favour of a long position or in favour of a short position.
Ichi+QLine+DLine+TenkShift+RoadCross+5MAs V2.1Previous Version of Full Ichi...
Many of my old friends had requested that I re-upload the full Ichimoku indicator on TradingView, which unfortunately was removed from the platform two years ago due to some of TradingView's strict policies. Now, I’m making this indicator available again with the updated version of Pine Script.
Setup 123V3Setup based on 123 signal from trader Stormer, improved with daily open, volume average, EMA34 and RSI indicators.
