Smart Grid Scalping (Pullback) Strategy[BullByte]The Smart Grid Scalping (Pullback) Strategy is a high-frequency trading strategy designed for short-term traders who seek to capitalize on market pullbacks. This strategy utilizes a dynamic ATR-based grid system to define optimal entry points, ensuring precise trade execution. It integrates volatility filtering and an RSI-based confirmation mechanism to enhance signal accuracy and reduce false entries.
This strategy is specifically optimized for scalping by dynamically adjusting trade levels based on current market conditions. The grid-based system helps capture retracement opportunities while maintaining strict trade management through predefined profit targets and trailing stop-loss mechanisms.
Key Features :
1. ATR-Based Grid System :
- Uses a 10-period ATR to dynamically calculate grid levels for entry points.
- Prevents chasing trades by ensuring price has reached key levels before executing entries.
2. No Trade Zone Protection :
- Avoids low-volatility zones where price action is indecisive.
- Ensures only high-momentum trades are executed to improve success rate.
3. RSI-Based Entry Confirmation :
- Long trades are triggered when RSI is below 30 (oversold) and price is in the lower grid zone.
- Short trades are triggered when RSI is above 70 (overbought) and price is in the upper grid zone.
4. Automated Trade Execution :
- Long Entry: Triggered when price drops below the first grid level with sufficient volatility.
- Short Entry: Triggered when price exceeds the highest grid level with sufficient volatility.
5. Take Profit & Trailing Stop :
- Profit target set at a customizable percentage (default 0.2%).
- Adaptive trailing stop mechanism using ATR to lock in profits while minimizing premature exits.
6. Visual Trade Annotations :
- Clearly labeled "LONG" and "SHORT" markers appear at trade entries for better visualization.
- Grid levels are plotted dynamically to aid decision-making.
Strategy Logic :
- The script first calculates the ATR-based grid levels and ensures price action has sufficient volatility before allowing trades.
- An additional RSI filter is used to ensure trades are taken at ideal market conditions.
- Once a trade is executed, the script implements a trailing stop and predefined take profit to maximize gains while reducing risks.
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Disclaimer :
Risk Warning :
This strategy is provided for educational and informational purposes only. Trading involves significant risk, and past performance is not indicative of future results. Users are advised to conduct their own due diligence and risk management before using this strategy in live trading.
The developer and publisher of this script are not responsible for any financial losses incurred by the use of this strategy. Market conditions, slippage, and execution quality can affect real-world trading outcomes.
Use this script at your own discretion and always trade responsibly.
Volatility
CME Price LimitCalculates the CME Price Limit
The reference price is obtained from the previous day's closing settlement price
(data pulled from the asset's daily chart with settlement enabled)
Percentage limit can be modified in settings
Buffer can be enabled (for example, 2% buffer on a 7% limit, so a line gets drawn at 5% too)
Alert can be enabled for price crossing a certain percentage from reference on the day
You can choose to plot the historical lines on every day, or the current day only
The reference price output can be found in the data window, or in the indicator status line if enabled in the settings.
Before placing real trades with this, you should compare the indicator's reference price to what's shown on CME's website, to double check that TradingView's data matches for your contract.
www.cmegroup.com
Smart Dynamic Levels [ATR-Based]Smart Dynamic Levels
Automated Support & Resistance Levels Based on Market Volatility
Overview:
This advanced indicator automatically plots dynamic support and resistance levels based on the Average True Range (ATR), creating meaningful price zones that adapt to changing market conditions. Unlike static round-number levels, these volatility-adjusted zones provide more relevant technical reference points.
Key Features:
Volatility-Responsive: Levels automatically adjust based on the asset's ATR
Smart Visualization:
Color gradient shows strength of each level (darker = stronger)
Bullish (green) levels below price, bearish (red) levels above
Customizable Settings:
Adjust ATR length (14-period default)
Modify level sensitivity with ATR multiplier (1.5x default)
Choose number of levels to display (5 above/below default)
Toggle labels and line extensions
How It Works:
Calculates the asset's true volatility using ATR
Rounds to significant price intervals based on current volatility
Plots equidistant levels above and below current price
Colors levels based on their position relative to price
Automatically updates as market conditions change
Recommended Use:
Day Trading: Identify intraday support/resistance zones
Swing Trading: Spot potential reversal areas
Breakout Trading: Watch for moves beyond key levels
Works on all markets: Stocks, Forex, Crypto, Futures
Settings Guide:
ATR Length: Higher values for smoother levels (14-20)
Multiplier: Increase for wider levels (1.5-3x)
Levels Count: More levels for higher timeframes (3-10)
Pro Tips:
Combine with trend analysis - levels are more significant when aligned with trend
Watch for price reactions at these levels for confirmation
Use wider levels (higher multiplier) for volatile assets
ADR DSRI 6ADR tool, this is a 5 day ADR that plots on the chart.
Code is adapted from ADR tool by as well as user JorgeSilvestrini's ADR tool. Code is OPEN SOURCE, and thus, presented AS IS. If you would like to change it, you are welcome to do so - yourself. Thank you.
I will update this indicator as i can, as it is a workhorse of my own trading toolkit. The next update will include alerts.
Plots todays ADR as total pips above high 100% line
Plots the pips achieved so far below low 100% line.
Plots table that shows what todays ADR is as a % basis. Statistically, you don't want to get into trades when the ADR is above 80% as its less likely to follow through. Therefore, anything above 80% achieved for the day will change the table colour to RED as a visual warning.
Plots additional table called "DSRI". This counter counts the days since we last hit 100% of the 5 day ADR. As this counter moves up, and the days since hitting 100% of the range, it tells you the market is consolidating and to expect an expansion. DSRI stands for "Days since raptor incident" aka 100% range hit, and the correct phrasing to check on a markets health with a friend would be to say "How many raptors are we at?". And if they reply anything above a 3, you know range expansion (aka a raptor attack) is imminent, and you should be on alert, and interested.
VWAP + SMC OB Signals by Finweal FinanceThis Vwap + SMC OB indicator is made by finweal Finance especially for highly volatile morning hours. This works well on nifty and banknifty.
I've coded in such a way that the entries spot in the first morning hour or max until 9:45 am. Do not take entries with this indicator after 9:45 am, If the Short signal/ long signal is spotted on first 9:15 candle of Nifty/Banknifty on 1 minute you cast Fibonacci Retracement tool on this first 1 minute candle and then enter the trade on a retracement of 0.62 or 0.78 and target Fib levels. Minimum Target on Spot : 1:2
Vwap/Ema 20 acts as S/R on your charts, so you combine it with ICT/SMC Concepts for better Clarity.
Triple Confirmation Scalper v2Bu strateji, trend takibi ve aşırı alım/satım koşullarını birleştirir. İşlem sinyallerini filtrelemek için hacim artışını kullanır.
This strategy combines trend following and overbought/sold conditions. It uses volume spike to filter out trading signals.
Triple Confirmation Scalper
3 temel gösterge + 2 filtre kullanarak yalancı sinyalleri minimize eder.
1. Kullanılan Göstergeler ve Parametreler:
Gösterge Parametreler Amacı
EMA 9 9 periyot (Close) Kısa vadeli momentum.
EMA 21 21 periyot (Close) Trend yönü.
RSI 14 periyot Aşırı alım/satım.
VWAP 20 periyot Ortalama giriş çıkış fiyatı.
OBV (On-Balance Volume) Hacim trendi.
Özellikler ve Optimizasyonlar:
Gelişmiş VWAP Hesaplaması: HLC3 (high+low+close/3) kullanarak daha doğru VWAP değerleri
Dinamik Risk Yönetimi:
Stop-loss: Son 5 mumun en düşük/en yüksek seviyesi ±%1
Take-profit: %1.5 kar hedefi (1.5:1 risk/reward)
Hacim Analizi:
OBV göstergesiyle hacim trendi onayı
20 periyotluk hacim ortalaması üzerinde spike kontrolü
Görselleştirmeler:
EMA'lar ve VWAP bantları çizilir
Trend yönüne göre arkaplan renklendirmesi
Alert Sistem:
Long/Short sinyalleri için tradingview alertleri
Strateji Ayarları:
%100 equity kullanımı
%0.1 komisyon hesaba katılmış
Long/Short pozisyonlara izin verilmiş
Daha agresif bir strateji için:
EMA periyotlarını 5-13 yapabilirsiniz
RSI eşiklerini 40-60 arasına çekebilirsiniz
Take-profit/Stop-loss oranlarını 2:1 yapabilirsiniz
“Triple Confirmation Scalper”
Minimizes false signals using 3 basic indicators + 2 filters.
1. Indicators and Parameters used:
Indicator Parameters Purpose
EMA 9 9 period (Close) Short-term momentum.
EMA 21 21 periods (Close) Trend direction.
RSI 14 periods Overbought/sold.
VWAP 20 periods Average entry and exit price.
OBV (On-Balance Volume) Volume trend.
Features and Optimizations:
Advanced VWAP Calculation: more accurate VWAP values using HLC3 (high+low+close/3)
Dynamic Risk Management:
Stop-loss Lowest/highest level of the last 5 candles ±1
Take-profit: 1.5% profit target (1.5:1 risk/reward)
Volume Analysis:
Volume trend confirmation with OBV indicator
Spike control over 20-period volume averaging
Visualizations:
EMAs and VWAP bands are plotted
Background coloring according to trend direction
Alert System:
Tradingview alerts for Long/Short signals
Strategy Settings:
100% equity utilization
0.1% commission taken into account
Long/Short positions allowed
Impulse Candle IdentifierWhat It Does
• Marks bullish impulse candles with a green triangle.
• Marks bearish impulse candles with a red triangle.
• Optionally highlights the impulse candles in the background.
Customize It
• Increase body_multiplier to only catch the most aggressive candles.
• Adjust volume_multiplier if your market has low or high volume fluctuations.
ATR Momentum HistogramATR Momentum Histogram is a simple yet powerful tool that combines price action, ATR volatility, and trend filters to visualize market momentum.
🔍 Key Features:
ATR Histogram Bars: Plots the Average True Range (ATR) as a histogram to highlight volatility expansion or contraction.
Momentum Filter: Compares current price and ATR with values from N bars ago to determine bullish or bearish momentum.
EMA Trend Filter: A 9-period EMA helps identify the prevailing trend and filters signals accordingly.
Color-Coded Bars:
🟢 Green: Strong bullish momentum (price and ATR rising above EMA)
🔴 Red: Strong bearish momentum (price and ATR falling below EMA)
🟢/🔴 Faded Bars: Weaker trend continuation with less conviction
📈 How to Use: Use this indicator to confirm trend strength, identify high-momentum breakout conditions, or avoid low-volatility chop zones. Works well as a secondary confirmation tool in trend-following or breakout strategies.
Rolling ATR Momentum
Rolling ATR Momentum Indicator – User Manual
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🔍 Overview
The Rolling ATR Momentum Indicator is a simple yet powerful tool designed to detect shifts in market volatility. It compares the current Average True Range (ATR) with the ATR from a previous point in time to measure how market volatility is changing.
This indicator is especially useful for:
- Spotting the beginning or fading of a momentum phase
- Filtering out low-volatility market conditions
- Enhancing timing for entries and exits in trending or breakout trades
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📊 Key Components
✅ ATR Delta (Rolling)
- Definition: `ATR Delta = Current ATR - Past ATR`
- Inputs:
- ATR Period (default: 14): The base ATR calculation window
- Lookback Period (default: 5): How many bars ago to compare ATR
- Interpretation:
- Positive ATR Delta (Green Line): Market volatility is increasing
- Negative ATR Delta (Red Line): Market volatility is decreasing
📈 Zero Line
- A horizontal baseline at zero helps you easily see when ATR momentum shifts from negative to positive (or vice versa).
🟩/🟥 Background Color
- Green Background: ATR Delta is positive (rising volatility)
- Red Background: ATR Delta is negative (falling volatility)
🔵 Optional: ATR Reference Lines
- You can optionally display raw Current ATR and Past ATR by changing their visibility settings.
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✅ How to Use It
Entry Timing (Futures/Options)
- Use ATR Delta as a filter:
- Only take trades when ATR Delta is positive → confirms momentum is building
- Avoid trades when ATR Delta is negative → market might be slow, sideways, or losing steam
Breakout Anticipation
- A rising ATR Delta after a tight range or consolidation can suggest that a breakout is underway
Stop-loss Strategy
- Use high ATR periods for wider stops (to avoid noise)
- Use low ATR periods for tighter stops or skip trading
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🧠 Pro Tips
- This indicator doesn’t predict direction—combine with trend or price structure tools (like EMA, PPMA, candlesticks)
- Works best in trending or breakout environments
- Add it to multi-timeframe layouts to see volatility buildup on higher timeframes
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⚙️ Settings
| Parameter | Description |
|----------|-------------|
| ATR Period | Length of the ATR calculation (default 14) |
| Lookback Period | How many bars back to compare ATR values |
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🧭 Best For:
- Index futures (Nifty, BankNifty)
- Option buyers needing volatility confirmation
- Intraday & swing traders looking to trade momentum setups
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Use the Rolling ATR Momentum indicator as your volatility radar—simple, clean, and highly effective for staying on the right side of market energy.
End of Manual
Percentage Premium ComparisonPercentage Price Comparison for different tickers. Set and compare who is in the drivers seat
Rolling ATR Momentum - EnhancedATR Rolling Momentum Indicator – User Manual
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🔍 Overview
The ATR Rolling Momentum Indicator is a dynamic volatility tool built on the Average True Range (ATR). It not only tracks increasing or decreasing momentum but also provides early warnings and confirmation signals for potential breakout moves. It’s especially powerful for futures and options traders looking to align with expanding price action.
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📊 Core Components
✅ ATR Delta (Rolling ATR)
- Definition: Difference between current ATR and past ATR (user-defined lookback).
- Use: Tells whether volatility is expanding (positive delta) or contracting (negative delta).
- Visual: Green line for rising momentum, red for declining.
🟣 ATR Delta Slope
- Definition: Measures acceleration in momentum.
- Use: Helps identify early signs of breakout buildup.
- Visual: Purple line. Watch for slope turning up from below.
🟡 Volatility Squeeze (Yellow Dot)
- Definition: Current ATR is significantly lower than its 20-period average.
- Use: Indicates the market is coiling—possible breakout ahead.
🔼 Momentum Start (Green Triangle)
- Definition: ATR Delta slope turns from negative to positive.
- Use: Early warning to prepare for volatility expansion.
🔷 Breakout Confirmation (Blue Label Up)
- Definition: ATR Delta exceeds its high of the last 10 candles.
- Use: Confirms volatility breakout—trade opportunity if direction aligns.
🟩/🟥 Background Color
- Green Background: Momentum rising (positive ATR delta)
- Red Background: Momentum falling (negative ATR delta)
- Yellow Tint: Active squeeze zone
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✅ How to Use It (Futures/Options Focus)
Step-by-Step:
1. Squeeze Detected (Yellow Dot) → Stay alert. Market is coiling.
2. Green Triangle Appears → Momentum is starting to rise.
3. Background Turns Green → Confirmed rising momentum.
4. Blue Label Appears → Confirmed breakout (enter trade if trend aligns).
Directional Bias:
- Use your main chart setup (price action, EMAs, trendlines, etc.) to decide direction (Call or Put, Long or Short).
- ATR Momentum only tells you how strong the move is—not which way.
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⚙️ Inputs & Settings
- ATR Period: Default 14 (core volatility measure)
- Rolling Lookback: Used to calculate delta (default 5)
- Slope Length: Used to measure acceleration (default 3)
- Squeeze Factor: Default 0.8 — lower = more sensitive squeeze detection
- Breakout Lookback: Checks ATR delta against last X bars (default 10)
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🧠 Pro Tips
- Works great when paired with EMA stacks, price structure, or breakout patterns.
- Avoid taking trades based only on squeeze or momentum—combine with chart confirmation.
- If background turns red after a breakout, it may be losing momentum—book partials or tighten stops.
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🧭 Ideal For:
- Nifty/BankNifty Futures
- Option directional trades (call/put buying)
- Index scalping and momentum swing setups
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Use this tool as your volatility compass—it won't tell you where to go, but it'll tell you when the wind is strong enough to move fast.
End of Manual
TTM Squeeze Momentum MTF [Cometreon]TTM Squeeze Momentum MTF combines the core logic of both the Squeeze Momentum by LazyBear and the TTM Squeeze by John Carter into a single, unified indicator. It offers a complete system to analyze the phase, direction, and strength of market movements.
Unlike the original versions, this indicator allows you to choose how to calculate the trend, select from 15 different types of moving averages, customize every parameter, and adapt the visual style to your trading preferences.
If you are looking for a powerful, flexible and highly configurable tool, this is the perfect choice for you.
🔷 New Features and Improvements
🟩 Unified System: Trend Detection + Visual Style
You can decide which logic to use for the trend via the "Show TTM Squeeze Trend" input:
✅ Enabled → Trend calculated using TTM Squeeze
❌ Disabled → Trend based on Squeeze Momentum
You can also customize the visual style of the indicator:
✅ Enable "Show Histogram" for a visual mode using Histogram, Area, or Column
❌ Disable it to display the classic LazyBear-style line
Everything updates automatically and dynamically based on your selection.
🟩 Full Customization
Every base parameter of the original indicator is now fully configurable: lengths, sources, moving average types, and more.
You can finally adapt the squeeze logic to your strategy — not the other way around.
🟩 Multi-MA Engine
Choose from 15 different Moving Averages for each part of the calculation:
SMA (Simple Moving Average)
EMA (Exponential Moving Average)
WMA (Weighted Moving Average)
RMA (Smoothed Moving Average)
HMA (Hull Moving Average)
JMA (Jurik Moving Average)
DEMA (Double Exponential Moving Average)
TEMA (Triple Exponential Moving Average)
LSMA (Least Squares Moving Average)
VWMA (Volume-Weighted Moving Average)
SMMA (Smoothed Moving Average)
KAMA (Kaufman’s Adaptive Moving Average)
ALMA (Arnaud Legoux Moving Average)
FRAMA (Fractal Adaptive Moving Average)
VIDYA (Variable Index Dynamic Average)
🟩 Dynamic Signal Line
Apply a moving average to the momentum for real-time cross signals, with full control over its length and type.
🟩 Multi-Timeframe & Multi-Ticker Support
You're no longer limited to the chart's current timeframe or ticker. Apply the squeeze to any symbol or timeframe without repainting.
🔷 Technical Details and Customizable Inputs
This indicator offers a fully modular structure with configurable parameters for every component:
1️⃣ Squeeze Momentum Settings – Choose the source, length, and type of moving average used to calculate the base momentum.
2️⃣ Trend Mode Selector – Toggle "Show TTM Squeeze Trend" to select the trend logic displayed on the chart:
✅ Enabled – Shows the trend based on TTM Squeeze (Bollinger Bands inside/outside Keltner Channel)
❌ Disabled – Displays the trend based on Squeeze Momentum logic
🔁 The moving average type for the Keltner Channel is handled automatically, so you don't need to select it manually, even if the custom input is disabled.
3️⃣ Signal Line – Toggle the Signal Line on the Squeeze Momentum. Select its length and MA type to generate visual cross signals.
4️⃣ Bollinger Bands – Configure the length, multiplier, source, and MA type used in the bands.
5️⃣ Keltner Channel – Adjust the length, multiplier, source, and MA type. You can also enable or disable the True Range option.
6️⃣ Advanced MA Parameters – Customize the parameters for advanced MAs (JMA, ALMA, FRAMA, VIDYA), including Phase, Power, Offset, Sigma, and Shift values.
7️⃣ Ticker & Input Source – Select the ticker and manage inputs for alternative chart types like Renko, Kagi, Line Break, and Point & Figure.
8️⃣ Style Settings – Choose how the squeeze is displayed:
Enable "Show Histogram" for Histogram, Area, or Column style
Disable it to show the classic LazyBear-style line
Use Reverse Color to invert line colors
Toggle Show Label to highlight Signal Line cross signals
Customize trend colors to suit your preferences
9️⃣ Multi-Timeframe Options - Timeframe – Use the squeeze on higher timeframes for stronger confirmation
🔟 Wait for Timeframe Closes -
✅ Enabled – Prevents multiple signals within the same candle
❌ Disabled – Displays the indicator smoothly without delay
🔧 Default Settings Reference
To replicate the default settings of the original indicators as they appear when first applied to the chart, use the following configurations:
🟩 TTM Squeeze (John Carter Style)
Squeeze
Length: 20
MA Type: SMA
Show TTM Squeeze Trend: Enabled
Bollinger Bands
Length: 20
Multiplier: 2.0
MA Type: SMA
Keltner Channel
Length: 20
Multiplier: 1.0
Use True Range: ON
MA Type: EMA
Style
Show Histogram: Enabled
Reverse Color: Enabled
🟩 Squeeze Momentum (LazyBear Style)
Squeeze
Length: 10
MA Type: SMA
Show TTM Squeeze Trend: Disabled
Bollinger Bands
Length: 20
Multiplier: 1.5
MA Type: SMA
Keltner Channel
Length: 10
Multiplier: 1.5
Use True Range: ON
MA Type: SMA
Style
Show Histogram: Disabled
Reverse Color: Disabled
⚠️ These values are intended as a starting point. The Cometreon indicator lets you fully customize every input to fit your trading style.
🔷 How to Use Squeeze Momentum Pro
🔍 Identifying Trends
Squeeze Momentum Pro supports two different methods for identifying the trend visually, each based on a distinct logic:
Squeeze Momentum Trend (LazyBear-style):
Displays 3 states based on the position of the Bollinger Bands relative to the Keltner Channel:
🔵 Blue = No Squeeze (BB outside KC and KC outside BB)
⚪️ White = Squeeze Active (BB fully inside KC)
⚫️ Gray = Neutral state (none of the above)
TTM Squeeze Trend (John Carter-style):
Calculates the difference in width between the Bollinger Bands and the Keltner Channel:
🟩 Green = BB width is greater than KC → potential expansion phase
🟥 Red = BB are tighter than KC → possible compression or pre-breakout
📈 Interpreting Signals
Depending on the active configuration, the indicator can provide various signals, including:
Trend color → Reflects the current compression/expansion state (based on selected mode)
Momentum value (above or below 0) → May indicate directional pressure
Signal Line cross → Can highlight momentum shifts
Color change in the momentum → May suggest a potential trend reversal
🛠 Integration with Other Tools
Squeeze Momentum Pro works well alongside other indicators to strengthen market context:
✅ Volume Profile / OBV – Helps confirm accumulation or distribution during squeezes
✅ RSI – Useful to detect divergence between momentum and price
✅ Moving Averages – Ideal for defining primary trend direction and filtering signals
☄️ If you find this indicator useful, leave a Boost to support its development!
Every piece of feedback helps improve the tool and deliver an even better trading experience.
🔥 Share your ideas or feature requests in the comments!
VIDYA Auto-Trading(Reversal Logic)Overview
This script is a dynamic trend-following strategy based on the Variable Index Dynamic Average (VIDYA). It adapts in real time to market volatility, aiming to enhance entry precision and optimize risk management.
⚠️ This strategy is intended for educational and research purposes. Past performance does not guarantee future results. All results are based on historical simulations using fixed parameters.
Strategy Objectives
The objective of this strategy is to respond swiftly to sudden price movements and trend reversals, providing consistent and reliable trade signals under historical testing conditions. It is designed to be intuitive and efficient for traders of all levels.
Key Features
Momentum Sensitivity via VIDYA: Reacts quickly to momentum shifts, allowing for accurate trend-following entries.
Volatility-Based ATR Bands: Automatically adjusts stop levels and entry conditions based on current market volatility.
Intuitive Trend Visualization: Uptrends are marked with green zones, and downtrends with red zones, giving traders clear visual guidance.
Trading Rules
Long Entry: Triggered when price crosses above the upper band. Any existing short position is closed.
Short Entry: Triggered when price crosses below the lower band. Any existing long position is closed.
Exit Conditions: Positions are reversed based on signal changes, using a position reversal strategy.
Risk Management Parameters
Market: ETHUSD(5M)
Account Size: $3,000 (reasonable approximation for individual traders)
Commission: 0.02%
Slippage: 2 pip
Risk per Trade: 5% of account equity (adjusted to comply with TradingView guidelines for realistic risk levels)
Number of Trades: 251 (based on backtest over the selected dataset)
⚠️ The risk per trade and other values can be customized. Users are encouraged to adapt these to their individual needs and broker conditions.
Trading Parameters & Considerations
VIDYA Length: 10
VIDYA Momentum: 20
Distance factor for upper/lower bands: 2
Source: close
Visual Support
Trend zones, entry points, and directional shifts are clearly plotted on the chart. These visual cues enhance the analytical experience and support faster decision-making.
Visual elements are designed to improve interpretability and are not intended as financial advice or trade signals.
Strategy Improvements & Uniqueness
Inspired by the public work of BigBeluga, this script evolves the original concept with meaningful enhancements. By combining VIDYA and ATR bands, it offers greater adaptability and practical value compared to conventional trend-following strategies.
This adaptation is original work and not a direct copy. Improvements are designed to enhance usability, risk control, and market responsiveness.
Summary
This strategy offers a responsive and adaptive approach to trend trading, built on momentum detection and volatility-adjusted risk management. It balances clarity, precision, and practicality—making it a powerful tool for traders seeking reliable trend signals.
⚠️ All results are based on historical data and are subject to change under different market conditions. This script does not guarantee profit and should be used with caution and proper risk management.
Chonky ATR Levels 2.0Show ATR based high/low projections.
Choose a custom ATR calculation in the indicator's settings.
The default is a 20day RMA based ATR.
----------How projections are calculated----------
To project the ATR High, the ATR value is added to the low of the current candle that matches the ATR's timeframe.
To project the ATR Low, the ATR value is subtracted from the high of the current candle that matches the ATR's timeframe.
Example:
If a 20day RMA ATR is used:
- the ATR High will be the current day's low + the ATR value.
- the ATR Low will be the current day's high - the ATR value.
*However*, if the price action exceeds either ATR projection, the opposite ATR level will be fixed to the extreme of the period.
See the AUDUSD screenshot above for an example.
The ATR Low was exceeded, so the ATR High projection is capped at the high of day.
If the ATR High is exceeded, the ATR Low would be capped at the low of day.
Smart Mean Reversion DashboardThis indicator is designed to help traders identify potential mean reversion opportunities using a combination of Bollinger Bands, RSI, and deviation from the moving average. It provides a clean, visually appealing dashboard that displays key metrics and signals in real-time.
How to Read and Use:
Deviation from Mean:
Displays the percentage deviation of the current price from the moving average.
A high positive or negative deviation may indicate overextension and a potential mean reversion opportunity.
Bollinger Band Status:
Indicates whether the price is inside or outside the Bollinger Bands.
"Outside Upper" suggests overbought conditions, while "Outside Lower" suggests oversold conditions.
RSI Status:
Shows whether the RSI is in overbought (>70), oversold (<30), or neutral conditions.
Overbought and oversold levels can confirm potential reversal zones.
Signal:
BUY: Triggered when the price is outside the lower Bollinger Band and RSI is in the oversold zone.
SELL: Triggered when the price is outside the upper Bollinger Band and RSI is in the overbought zone.
WAIT: No clear signal; wait for better conditions.
Important Notes:
This is NOT a buy or sell recommendation. This indicator is a tool to assist in identifying potential trading opportunities. Always use it in conjunction with your own analysis and risk management.
The signals generated by this indicator are based on historical data and do not guarantee future performance.
It is recommended to use this indicator alongside other technical analysis tools and confirm signals with price action or other strategies.
Features:
Dashboard: Displays deviation, Bollinger Band status, RSI status, and signals in a clean, movable interface.
Customizable Settings: Adjust Bollinger Band length, RSI length, and moving average length to suit your trading style.
Visual Enhancements: Color-coded signals and metrics for easy interpretation in both light and dark modes.
Disclaimer:
Trading involves significant risk, and past performance is not indicative of future results. This indicator is for educational purposes only and should not be considered financial advice. Always consult with a financial advisor before making trading decisions.
Bollinger Bands with Narrow ConsolidationBollinger Bands with Narrow Consolidation
🔹 Indicator Description
This indicator is an enhanced version of the classic Bollinger Bands with a built-in narrow consolidation detection function. It helps identify low-volatility phases that may precede strong price movements.
🔹 How Does the Indicator Work?
Bollinger Bands Calculation: Based on the selected moving average type (SMA, EMA, RMA, WMA, VWMA) with an adjustable standard deviation.
Narrow Consolidation Detection: The indicator calculates the relative band width and highlights low-volatility zones.
Flexible Settings:
Choice of base moving average type.
Adjustable sensitivity to narrow consolidations.
Option to hide Bollinger Bands outside consolidation zones.
🔹 How to Use?
Monitoring Consolidation Zones: If the price is tightening in a narrow range, a strong movement may follow.
Combining with Other Tools: The indicator works well with volume analysis and oscillators.
Signal Filtering: You can hide Bollinger Bands and only display narrow consolidation zones.
🔹 Trading Strategies
✅ Breakout Strategy – A sharp move beyond the narrow range may signal a trade entry.
✅ Range Trading – Buy near the lower band and sell near the upper band in sideways markets.
✅ Signal Filtering with Oscillators – Use RSI or MACD to confirm directional moves.
🔹 Disclaimer
This indicator is for analytical purposes only and does not constitute financial advice. Trading in financial markets involves risks, including potential loss of capital. Always verify signals, use proper risk management, and never invest more than you can afford to lose.
🔹 Conclusion
The indicator helps traders identify low-volatility periods and prepare for strong moves. Its flexible settings allow customization for any trading strategy.
📈 Add this indicator to your toolkit and stay ahead of the market! 🚀
Полосы Боллинджера с узкой консолидацией
🔹 Описание индикатора
Этот индикатор – улучшенная версия классических полос Боллинджера с функцией определения узкой консолидации. Он помогает выявлять фазы низкой волатильности, которые могут предшествовать сильным движениям цены.
🔹 Как работает индикатор?
Полосы Боллинджера: Рассчитываются на основе выбранного типа скользящей средней (SMA, EMA, RMA, WMA, VWMA) с регулируемым стандартным отклонением.
Определение узкой консолидации: Индикатор вычисляет относительную ширину полос и выделяет зоны сжатой волатильности.
Гибкие настройки:
Выбор типа базовой скользящей средней.
Регулируемая чувствительность к узкой консолидации.
Режим скрытия полос Боллинджера вне зон консолидации.
🔹 Как использовать?
Мониторинг зон консолидации: Если цена сжимается в узком диапазоне, стоит подготовиться к сильному движению.
Комбинация с другими инструментами: Индикатор отлично сочетается с объемами и осцилляторами.
Фильтрация сигналов: Можно скрыть полосы Боллинджера и оставить только зоны узкой консолидации.
🔹 Торговые стратегии
✅ Пробой консолидации – Резкое движение за границы узкой зоны может служить сигналом на вход в рынок.
✅ Торговля от границ – Покупка у нижней границы и продажа у верхней при флэтовом движении.
✅ Фильтрация сигналов с осцилляторами – Использование RSI или MACD для подтверждения направленного движения.
🔹 Предупреждение
Этот индикатор предназначен исключительно для аналитики и не является финансовым советом. Торговля на финансовых рынках сопряжена с рисками, включая возможную потерю капитала. Всегда проверяйте сигналы, используйте управление рисками и не инвестируйте больше, чем можете позволить себе потерять.
🔹 Заключение
Индикатор помогает трейдерам находить периоды низкой волатильности и готовиться к мощным движениям. Гибкие настройки позволяют адаптировать его под любую стратегию.
📈 Добавьте индикатор в свой арсенал и оставайтесь на шаг впереди рынка! 🚀
VWAP with Bank/Psychological Levels by TBTPH V.2This Pine Script defines a custom VWAP (Volume Weighted Average Price) indicator with several additional features, such as dynamic bands, bank levels, session tracking, and price-crossing detection. Here's a breakdown of the main elements and logic:
Key Components:
VWAP Settings:
The VWAP calculation is based on a source (e.g., hlc3), with an option to hide the VWAP on daily (1D) or higher timeframes.
You can choose the VWAP "anchor period" (Session, Week, Month, etc.) for adjusting the VWAP calculation to different time scales.
VWAP Bands:
The script allows you to plot bands above and below the VWAP line.
You can choose the calculation mode for the bands (Standard Deviation or Percentage), and the bands' width can be adjusted with a multiplier.
These bands are drawn using a gray color and can be filled to create a shaded area.
Bank Level Calculation:
The concept of bank levels is added as horizontal levels spaced by a user-defined multiplier.
These levels are drawn as dotted lines, and price labels are added to indicate each level.
You can define how many bank levels are drawn above and below the base level.
Session Indicators (LSE/NYSE):
The script identifies the open and close times of the London Stock Exchange (LSE) and the New York Stock Exchange (NYSE) sessions.
It limits the signals to only appear during these sessions.
VWAP Crossing Logic:
If the price crosses the VWAP, the script colors the candle body white to highlight this event.
Additional Plot Elements:
A background color is applied based on whether the price is above or below the 50-period Simple Moving Average (SMA).
The VWAP line dynamically changes color based on whether the price is above or below it (green if above, red if below).
Explanation of Key Sections:
1. VWAP and Band Calculation:
pinescript
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= ta.vwap(src, isNewPeriod, 1)
vwapValue := _vwap
stdevAbs = _stdevUpper - _vwap
bandBasis = calcModeInput == "Standard Deviation" ? stdevAbs : _vwap * 0.01
upperBandValue1 := _vwap + bandBasis * bandMult_1
lowerBandValue1 := _vwap - bandBasis * bandMult_1
This code calculates the VWAP value (vwapValue) and standard deviation-based bands (upperBandValue1 and lowerBandValue1).
2. Bank Levels:
pinescript
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baseLevel = math.floor(currentPrice / bankLevelMultiplier) * bankLevelMultiplier
The base level for the bank levels is calculated by rounding the current price to the nearest multiple of the bank level multiplier.
Then, a loop creates multiple bank levels:
pinescript
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for i = -bankLevelRange to bankLevelRange
level = baseLevel + i * bankLevelMultiplier
line.new(x1=bar_index - 50, y1=level, x2=bar_index + 50, y2=level, color=highlightColor, width=2, style=line.style_dotted)
label.new(bar_index, level, text=str.tostring(level), style=label.style_label_left, color=labelBackgroundColor, textcolor=labelTextColor, size=size.small)
3. Session Logic (LSE/NYSE):
pinescript
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lse_open = timestamp("GMT", year, month, dayofmonth, 8, 0)
lse_close = timestamp("GMT", year, month, dayofmonth, 16, 30)
nyse_open = timestamp("GMT-5", year, month, dayofmonth, 9, 30)
nyse_close = timestamp("GMT-5", year, month, dayofmonth, 16, 0)
The script tracks session times and filters the signals based on whether the current time falls within the LSE or NYSE session.
4. VWAP Crossing Detection:
pinescript
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candleCrossedVWAP = (close > vwapValue and close <= vwapValue) or (close < vwapValue and close >= vwapValue)
barcolor(candleCrossedVWAP ? color.white : na)
If the price crosses the VWAP, the candle's body is colored white to highlight the cross.
EMA Price Range by tuanduongEMA Price Range Indicator – Dynamic Range Analysis with Custom EMA (tuanduong2511)
Overview
The EMA Price Range Indicator is designed to help traders visualize the distance between price action and a key Exponential Moving Average (EMA). This indicator dynamically calculates the range from each candle to a user-defined EMA and displays it in a real-time table. By understanding the relationship between price and the EMA, traders can better gauge potential support, resistance, and overextension in the market.
Key Features
✅ Customizable EMA – Allows users to choose the EMA period that best suits their strategy (default: 144).
✅ Real-Time Range Calculation – Computes the absolute difference between the EMA and the price (using the high or low, depending on whether the candle is above or below the EMA).
✅ Minimalist UI – The EMA is plotted directly on the chart, while a small table in the bottom-right corner provides numerical insights, reducing chart clutter.
✅ Versatile Use Cases – Suitable for trend-following traders (identifying pullbacks to EMA) and mean-reversion traders (spotting extended price movements).
How It Works
User-Defined EMA:
The script calculates an Exponential Moving Average (EMA) based on the selected period.
EMA adapts dynamically, giving more weight to recent price movements.
Range Calculation:
If the price is above the EMA, the range is measured from the high point of the candle to the EMA.
If the price is below the EMA, the range is measured from the low point of the candle to the EMA.
This approach ensures that we’re measuring the most relevant distance for price interaction.
Live Table Display:
The current EMA value and the distance (range) from the price are displayed in a small table in the bottom-right corner of the chart.
How to Use It
📌 Trend Traders: Use the indicator to track pullbacks to key EMAs (e.g., EMA 50, 144, or 200). When the price is far from the EMA, it may indicate an overextended trend or potential retracement zone.
📌 Mean Reversion Traders: Look for extreme deviations between price and the EMA. Large distances can signal potential price snapbacks to the mean.
📌 Scalping & Day Trading: Short-term traders can use it with fast EMAs (e.g., EMA 21 or 34) to measure quick price movements relative to short-term momentum.
Why This Indicator?
Unlike traditional EMA indicators, which only plot a moving average, this script provides quantifiable price distance to the EMA, helping traders make data-driven decisions. It allows traders to answer:
✅ Is the price stretched too far from the EMA?
✅ Should I wait for a pullback before entering?
✅ Is the trend strong, or is the price losing momentum?
By integrating EMA-based range analysis, traders gain a clearer understanding of market conditions and can improve their entry, exit, and risk management strategies.
Range Filter with MACD, RSI & Volume📌 Enhanced Range Filter with Multi-Indicator Confirmation
This Pine Script indicator improves trend-following and trade signal accuracy by combining a Range Filter with MACD, RSI, Volume, and ATR confirmations. It is designed to help traders identify strong trends and breakout opportunities while filtering out noise.
📈 How It Works
1️⃣ Trend Detection (Range Filter)
• The Range Filter smooths price action and identifies trends by filtering out minor fluctuations.
• The indicator creates dynamic support and resistance bands:
• High Target Band (Resistance)
• Low Target Band (Support)
• Color Coding:
• White = Uptrend 📈
• Blue = Downtrend 📉
• Light Blue = Neutral ⚖️
2️⃣ Multi-Indicator Trade Confirmation
To avoid false signals, the script only generates Buy/Sell signals when multiple indicators agree:
✅ MACD: Checks if MACD Line is above or below the Signal Line for momentum confirmation.
✅ RSI: Ensures RSI is above 50 for long trades and below 50 for short trades.
✅ Volume: Requires a volume spike above the 20-period moving average for stronger signals.
✅ ATR (Volatility Check): Ensures ATR is higher than its 50-period SMA, signaling strong market movement.
💡 Only when all conditions align, a Buy or Sell signal is generated!
📊 How to Use It
1. Trend Analysis:
• When price is above the Range Filter (white line) → Uptrend
• When price is below the Range Filter (blue line) → Downtrend
2. Trade Signals:
• Buy Signal 🟢 appears when:
• Price breaks above the Range Filter
• MACD is bullish
• RSI > 50
• High volume and strong volatility
• Sell Signal 🔴 appears when:
• Price breaks below the Range Filter
• MACD is bearish
• RSI < 50
• High volume and strong volatility
3. Alerts 🔔:
• The script includes built-in alerts to notify traders when a Buy or Sell signal is triggered.
🎯 Best for Traders Who:
✔️ Want to identify strong trends early
✔️ Need extra confirmation to avoid false signals
✔️ Trade breakouts with high volume & momentum
✔️ Prefer visual trend coloring to track market direction
🚀 Try it out and refine your entries with multi-indicator validation!
Rachas ATR AssistHey Traders!
This indicator is a simple, it uses Average True Range (ATR) data from the daily chart and the current timeframe to estimate potential range and volatility.
This indicator compares the daily ATR to the current daily wick range (from low to high), helping you gauge how much "room" might be left for price movement within the day. Alongside that, it shows the ATR over the last 14 candles and 5 candles on your current chart for intraday volatility awareness—ideal for setting stops, targets, or position sizing.
Gauge Daily Potential Movement:
The "Day Range Difference" cell shows how much of the expected daily range (based on ATR) is still unfilled. If the market has moved less than the average, there's still potential for expansion. If it's close to or above the ATR, expect a slowdown or reversal.
Position Sizing & Stop Losses:
Use the 14-period ATR and 5-period ATR on your current timeframe to understand recent volatility. This helps in choosing logical stop loss levels and adjusting position sizes based on market conditions.
Volatility Awareness:
Knowing the average daily range and how much of it has been used lets you avoid entering trades too late in the move or placing stops in overly tight spots.
Table Position & Font:
You can adjust the table location (top/bottom left/right) and font size to best fit your chart layout.
Body Percentage of Range (Colored)Short Description:
This indicator measures the dominance of the candle's body relative to its total range (High - Low), providing a visual gauge of intra-candle strength versus indecision. Columns are colored based on whether the body constitutes more or less than a defined percentage (default 50%) of the candle's total height.
Detailed Description:
What it Does:
The "Body Percentage of Range" indicator calculates, for each candle, what percentage of the total price range (High minus Low) is occupied by the candle's body (absolute difference between Open and Close).
A value of 100% means the candle has no wicks (a Marubozu), indicating strong conviction during that period.
A value of 0% means the candle has no body (a Doji), indicating perfect indecision.
Values in between show the relative balance between the directional move (body) and the price exploration/rejection (wicks).
How to Interpret:
The indicator plots this percentage as columns:
Column Height: Represents the percentage of the body relative to the total range. Higher columns indicate a larger body dominance.
Column Color:
Green Columns: Appear when the body percentage is above the user-defined threshold (default 50%). This suggests that the directional move within the candle was stronger than the indecision (wicks). Often seen during trending moves or strong momentum candles.
Red Columns: Appear when the body percentage is at or below the user-defined threshold (default 50%). This suggests that wicks dominate the candle (body is 50% or less of the range), indicating significant indecision, struggle between buyers and sellers, or potential reversals. These are common in choppy, consolidating, or reversal market conditions.
Orange Line (Optional MA): A Simple Moving Average (SMA) of the body percentages is plotted to help smooth the readings and identify broader periods where candle structure indicates more trending (high MA) vs. ranging/indecisive (low MA) characteristics.
Potential Use Cases:
Identifying Choppy vs. Trending Markets: Sustained periods of low, predominantly red columns (and often a low/declining MA) can signal a choppy, range-bound market where trend-following strategies might underperform. Conversely, periods with frequent high, green columns suggest a more trending environment.
Confirming Breakouts/Momentum: High green columns appearing alongside increased volume during a breakout can add conviction to the move's strength.
Spotting Potential Exhaustion/Reversals: A very tall green column after a strong trend, followed immediately by a low red column (like a Doji or Spinning Top pattern appearing on the price chart), might signal potential exhaustion or a pending reversal, indicating indecision has suddenly entered the market.
Filtering Entries: Traders might avoid taking entries (especially trend-following ones) when the indicator shows a consistent pattern of low red columns, suggesting high market indecision.
Settings:
Color Threshold %: Allows you to set the percentage level above which columns turn green (default is 50%).
Smoothing MA Length: Adjusts the lookback period for the Simple Moving Average.
Disclaimer:
This indicator is a tool for technical analysis and should be used in conjunction with other methods (like price action, volume analysis, other indicators) and robust risk management. It does not provide direct buy/sell signals and past performance is not indicative of future results.
ATR DistanceThis indicator plots two lines at distances defined by (Multiplier × ATR) above and below a selected price source (open, high, low, or close). By using a configurable Average True Range (ATR) length, it helps highlight volatility-based boundaries for more adaptive stop-loss or profit-taking decisions.
