Daily Single Trade [SMRT Algo]The Daily Single Trade Indicator by SMRT Algo is a powerful yet simple tool designed for traders who value precision, discipline, and a focus on high-quality trade setups. With a unique approach, this indicator identifies just one signal daily, making it ideal for traders who prefer a structured and stress-free trading routine.
Please note that this indicator only works for timeframes below 1H.
Key Features:
Market Open & Pre-Market Analysis: The indicator focuses on the market’s opening range and identifies breakout opportunities based on price action during these critical periods.
Customizable Risk-Reward Ratio: Plan your trades with precision by setting your desired RR, ensuring that your take-profit (TP) levels are multiples of your stop-loss (SL). Stop loss is not shown with this indicator.
Price Offset for SL: Add a customizable buffer to your SL and TP levels. This offset accounts for market volatility, reducing the chances of premature stop-outs while maintaining alignment with your trading plan.
Increasing this value will lead to a greater invisible stop loss, which will increase the TP size. The opposite is occurs when decreasing this value (less than 0). If you set it as 2.5 for example for TSLA: price is 340 and SL is 330 for example, SL becomes 327.5. This calculation will then be applied to calculate the TP.
In simple terms, if the offset is positive, SL becomes larger, TP becomes larger as well.
Exit Point Visibility: Display exit points on your chart to better visualize trade targets and stop levels.
Adjustable Market Open Time: Easily modify the market open hour and minute to suit your asset’s trading session. For example, U.S. stock traders can set the market open time to 9:30 AM EST (UTC-5).
By providing a single signal each day, the indicator minimizes overtrading and keeps your focus on the best opportunities.
With predefined SL, TP, and RR settings, the indicator fosters disciplined trading, reducing the influence of emotional decision-making. Whether you’re trading stocks, indices, or forex, the customizable market open time and RR ratio make this indicator versatile and adaptable.
The combination of precise SL and TP calculations with offset pip adjustments helps protect your trades from market noise while maintaining a favorable RR.
Perfect for those who can’t monitor markets all day, the single-signal approach allows you to execute a high-quality trade and move on with your day.
How to Use:
Set the Market Open Time: Adjust the open time to align with your asset’s session. For example, set 9:30 AM EST for U.S. stocks.
Define Your Risk-Reward Ratio: Choose an RR multiple (e.g., 1:2 or 1:3) that aligns with your risk tolerance and trading goals.
Apply Pip Offset: Add a buffer to your SL and TP to account for market volatility and reduce false stops.
The Daily Single Trade Indicator simplifies trading by focusing on one high-probability setup per day. It’s perfect for traders looking to maintain consistency, improve risk management, and reduce the stress of overanalyzing the markets.
How Alerts Work:
Individual Alerts: Set separate notifications for specific actions, such as breakout signals, take-profit levels, or stop-loss activations.
Master Alert: Manage all notifications with one streamlined setting, ensuring you never miss an opportunity while keeping your setup simple and efficient.
Take control of your trading with a strategy built for clarity, precision, and success!
Candlestick analysis
HTF Candles Overlay [Trendoscope®]🎲 HTF Candles Overlay is a simple indicator where you can overlay higher timeframe candles on current timeframe chart.
Most of the code is encapsulated in the library HTFCandlesLib . After publishing the library as open source, many people requested to convert that into an indicator. Based on this, we decided to publish this small code for the use of community.
🎯 Usage
The indicator is simple, it helps users visualise higher timeframe candles. We majorly use this for debugging or validating our implementations based on higher timeframe. Instead of switching back and forth to different timeframes, it helps us visualise higher timeframe candles on the same chart when we are validating the implementation that involves higher timeframe calculations.
🎯 Components
The indicator provides two types of displays
Candles - overlay candles built through lines and labels
Plot - close price of higher timeframe plotted on chart
🎯 Candles
The behaviour of the candles are similar to that of hollow candles. The color of the body and the border+wick demonstrates the movement of the candle.
Body color is lime if the HTF close is higher than HTF open. Body color is orange if the HTF close is lower than the HTF open.
Wick and border color is lime if HTF close price is higher than previous HTF close price. And they are orange if HTF close price is lower than the previous HTF close price
In most cases body color will be same as the wick color. In case of stocks and indices, it may happen that the open price is too far away from previous close price due to gaps. This can lead to close price being relatively in different direction when compared to open and previous close.
Wicks are not at the centre of the candle. Instead wicks are drawn on the current chart timeframe position where the current timeframe has reached the highest or lowest point within the given HTF candle
Candles also list OHLC price of HTF candle along with HTF bar index and the range of LTF bar index that the candle spawns
Here are some pictorial representations that can help understand better.
Here are the examples of candles with gaps where body and wick/border are in different directions (colours)
🎯 Indicator Settings
Simple settings allow users to select the timeframe, whether to display candles and plots and their specific colors.
🎯 Possible inconsistencies
The overlay can show inconsistent data in certain situations. Here are some of the scenarios where the indicator may not show consistent display of the data.
When the HTF data from request.security does not match that of combined LTF data . In such cases, HTF candles may not form inline with the current timeframe candles. This happens when there is a data issue of different OHLC data available in tradingview.
When using weekly candle as either chart timeframe or higher timeframe - end of week may not coincide with end of month or other timeframes. This can cause some inconsistencies in the visuals of the indicator.
When open and close time of either LTF or HTF falls under different day due to time zone used. - time is always the time on which the candle close. So, when we use time zone that causes the exchange day to open and close on different days, that can cause some inconsistencies in the candles being drawn.
Enigma End Game Indicator
Enigma End Game Indicator Description
The Enigma End Game indicator is a powerful tool designed to enhance the way traders approach support and resistance, combining mainstream technical analysis with a unique, dynamic perspective. At its core, this indicator enables traders to adapt to market conditions in real time by applying a blend of classic and modern interpretations of support and resistance levels.
In traditional support and resistance analysis, we recognize the significant price points where the market has historically reversed or consolidated. However, the *Enigma End Game* indicator takes this one step further by analyzing each individual candle's high as a potential resistance level and each low as support. This allows the trader to stay more agile, as the market constantly updates and evolves. The dynamic nature of this method acknowledges that price movements are fractal in nature, meaning that these levels are not static but adjust in response to price action on multiple timeframes.
### How It Works:
When using the *Enigma End Game* indicator, it doesn't simply plot buy and sell signals automatically. Instead, the indicator highlights key levels based on the interaction between price and historical price action. Here's how it operates:
1. **Buy Logic:**
The indicator identifies bullish signals based on the *Enigma* logic, but it does not trigger an immediate buy. Instead, it plots arrows above or below the candles, indicating the key price levels where price action has shifted. Traders then focus on these areas, particularly looking for buy opportunities *below* these levels during key market sessions (such as London or New York) while aligning with both mainstream support and resistance and *Enigma* levels.
2. **Sell Logic:**
Similarly, when the indicator identifies a sell signal, it plots an arrow above the candle where price action has reversed. This does not immediately suggest selling. Traders wait for a price retracement back to the previously breached low (for a sell order) or high (for a buy order), observing price action closely on lower timeframes (such as the 1-minute chart) to refine entry points. The entry is triggered when price starts to show signs of reversing at these levels, further validated by mainstream and *Enigma* support/resistance.
### Practical Example – XAU/USD (Gold):
For instance, in the settings of the *Enigma End Game* indicator, if we select the 5-minute (5MN) timeframe as the key level, the indicator will only plot the first 3 arrows following the *Enigma* logic. The arrows will appear above or below the candle that was breached, indicating a potential trend reversal. In this scenario, the first arrow marks the point where price broke a significant support or resistance level. Afterward, the trader watches for a subsequent candle to close below (in the case of a sell) the previous candle’s low, confirming a bearish bias.
Now, the trader does not rush into a sell order. Instead, they wait for the price to pull back towards the previously breached low. At this point, the trader can use a lower timeframe (like the 1-minute chart) to identify both mainstream support and resistance levels and *Enigma* levels above the main 5-minute key level. These additional levels provide a clearer understanding of where price might reverse and give the trader a stronger edge in refining their entry point.
The trader then sets a sell order *above* the price level of the previous low, but only once signs show that price is retracing and ready to fall again. The price point where this retracement occurs, confirmed by both mainstream and *Enigma* levels, becomes the entry signal for the trade.
### Summary:
The *Enigma End Game* indicator combines time-tested principles of support and resistance with a more modern, adaptive view, empowering traders to read the market with greater precision. It guides you to wait for optimal entries, based on dynamic support and resistance levels that change with each price movement. By combining signals on higher timeframes with refined entries on lower timeframes, traders gain a unique advantage in navigating both obvious and hidden levels of support and resistance, ultimately improving their ability to time trades with higher probability of success.
This indicator allows for a more calculated, strategic approach to trading—highlighting the right moments to enter the market while providing the flexibility to adjust to different market conditions.
The *ENIGMA Signals with Retests* indicator is a versatile trading tool that combines key market sessions with dynamic support and resistance levels. It uses logic to identify potential buy and sell signals based on the behavior of recent price swings (highs and lows) and offers flexibility with the number of arrows plotted per session. The user can customize settings like arrow frequency, line styles, and session times, allowing for personalized trading strategies.
The indicator detects buy and sell signals by checking if the price breaks the previous swing high (for buy signals) or swing low (for sell signals). It then stores these levels and draws horizontal lines on the chart, representing critical price levels where traders can expect potential price reactions.
A key feature of this indicator is its ability to limit the number of arrows per session, ensuring a cleaner chart and reducing signal clutter. Horizontal lines are drawn at the identified buy or sell levels, with the option to display labels like "BUY - AT OR BELOW" and "SELL - AT OR ABOVE" to further clarify entry points.
The indicator also incorporates session filtering, allowing traders to focus on specific market sessions (Asia, London, and New York) for more relevant signals, and it ensures that no more than a user-defined number of arrows are plotted within a session.
Time Appliconic Macro | ForTF5m (Fixed)The Time Appliconic Macro (TAMcr) is a custom-built trading indicator designed for the 5-minute time frame (TF5m), providing traders with clear Buy and Sell signals based on precise technical conditions and specific time windows.
Key Features:
Dynamic Moving Average (MA):
The indicator utilizes a Simple Moving Average (SMA) to identify price trends.
Adjustable length for user customization.
Custom STARC Bands:
Upper and lower bands are calculated using the SMA and the Average True Range (ATR).
Includes a user-defined multiplier to adjust the band width for flexibility across different market conditions.
RSI Integration:
Signals are filtered using the Relative Strength Index (RSI), ensuring they align with overbought/oversold conditions.
Time-Based Signal Filtering:
Signals are generated only during specific time windows, allowing traders to focus on high-activity periods or times of personal preference.
Supports multiple custom time ranges with automatic adjustments for UTC-4 or UTC-5 offsets.
Clear Signal Visualization:
Buy Signals: Triggered when the price is below the lower band, RSI indicates oversold conditions, and the time is within the defined range.
Sell Signals: Triggered when the price is above the upper band, RSI indicates overbought conditions, and the time is within the defined range.
Signals are marked directly on the chart for easy identification.
Customizability:
Adjustable parameters for the Moving Average length, ATR length, and ATR multiplier.
Time zone selection and defined trading windows provide a tailored experience for global users.
Who is this Indicator For?
This indicator is perfect for intraday traders who operate in the 5-minute time frame and value clear, filtered signals based on price action, volatility, and momentum indicators. The time window functionality is ideal for traders focusing on specific market sessions or personal schedules.
How to Use:
Adjust the MA and ATR parameters to match your trading style or market conditions.
Set the desired time zone and time ranges to align with your preferred trading hours.
Monitor the chart for Buy (green) and Sell (red) signals, and use them as a guide for entering or exiting trades.
SiCInside Sweep Close (ISC):
This concept captures a specific price action behavior and can help refine trading strategies for better precision. Here's a detailed explanation:
Inside:
The closing price of the candle stays within the range of the previous candle.
This indicates a containment of price action, suggesting indecision or preparation for a significant move.
Sweep:
The wick of the candle takes out (or "sweeps") the low (or high) of the previous candle.
This sweep can trigger stop-losses of retail traders or activate pending orders, often used by smart money strategies.
Close:
The candle ultimately closes inside the range of the previous candle.
This close signifies that the sweep was a liquidity grab rather than a genuine breakout, providing an actionable trading signal.
How ISC Can Be Used in Trading:
Liquidity Grab Recognition:
ISC can indicate when liquidity is swept from the market, making it an ideal entry point for traders anticipating a reversal or continuation.
Smart Money Concept (SMC) Synergy:
If you follow SMC principles, ISC aligns with key concepts like liquidity sweeps, order blocks, and mitigation zones.
Risk Management:
By identifying the ISC setup, you can place tighter stop-loss levels just outside the sweep, optimizing risk-reward ratios.
Entry Signals:
When you spot an ISC, you can enter trades at the close of the candle, anticipating a move in the direction opposite to the sweep.
Example of ISC in Action:
Imagine a bearish candle:
The wick sweeps the low of the previous candle, possibly triggering stop-losses.
However, the close stays inside the previous candle’s range.
This setup might indicate a reversal, where price moves upward after grabbing liquidity.
Why This Name Works:
It’s concise, professional, and directly linked to the trading action you’re describing.
The short form, ISC, is easy to remember and discuss within trading circles or while teaching others.
It ties into widely known concepts like smart money, price action, and liquidity sweeps, making it relatable yet unique.
Does this align with how you envision using the concept? Let me know if you’d like more refinements or visual examples!
the world's best indicatorStrateji Açıklaması: Para Kazanmanın Anahtarı
Bu strateji, finansal piyasalarda daha bilinçli ve kârlı işlemler yapmanızı sağlamak amacıyla tasarlanmıştır. Stratejimiz, detaylı teknik analiz, doğru risk yönetimi ve sabırlı bir yaklaşımı bir araya getirerek, kullanıcıların tutarlı kazançlar elde etmesine yardımcı olmayı hedefler.
Stratejinin temel mantığı, fiyat hareketlerindeki önemli trendleri ve dönüş noktalarını belirlemek üzerine kuruludur. Bunun için strateji, belirli göstergeler ve kriterler temelinde işlem sinyalleri üretir. Ancak unutmayın, bu sinyallerin etkinliği, piyasadaki mevcut koşullara bağlı olarak değişiklik gösterebilir. Bu nedenle, stratejiyi kullanırken şunlara dikkat etmeniz çok önemlidir:
Doğru Risk Yönetimi: Her işlemde riskinizi kontrol altında tutmalısınız. Yatırdığınız sermayenin küçük bir kısmını riske atarak, olası kayıpların büyümesini önleyebilirsiniz. Stop-loss ve take-profit seviyelerini dikkatle belirlemek bu sürecin kritik bir parçasıdır.
Sabır ve Disiplin: Piyasada kazanç sağlamak hızlı değil, sürdürülebilir bir süreçtir. Sabırlı olun ve stratejinin önerdiği sinyalleri acele etmeden değerlendirin. Hatalı işlemlerden kaçınmak için planınıza sadık kalın.
Piyasa Dinamiklerini Takip Edin: Strateji, mevcut piyasa koşullarına göre optimize edilmiştir, ancak finansal piyasalar sürekli değişir. Bu nedenle, ekonomik gelişmeleri, haberleri ve teknik göstergelerin uyumunu yakından takip edin.
Demo Hesapta Test Edin: Yeni bir stratejiyi uygulamadan önce mutlaka demo hesapta test ederek performansını ölçün. Gerçek para ile işlem yapmadan önce stratejiyi anlamak ve kendinize güven kazanmak çok önemlidir.
Bu strateji, profesyonel veya yeni başlayan tüm yatırımcılar için bir rehber niteliği taşır. Ancak unutulmaması gereken önemli bir nokta, hiçbir stratejinin %100 başarı garantisi sunmadığıdır. Finansal piyasalarda risk her zaman vardır. Bu nedenle stratejiyi bir araç olarak görmeli ve kendi analizlerinizle desteklemelisiniz.
Elde edeceğiniz başarı, stratejiyi ne kadar doğru kullandığınıza ve disiplini ne ölçüde koruduğunuza bağlıdır. Kazançlı ve sürdürülebilir işlemler için bu stratejiye güvenebilirsiniz. Ancak riskin her zaman bir parçası olduğunu unutmayarak, kararlarınızı buna göre şekillendirin. Başarılar dileriz! 🚀
Simple BTC IndicatorDưới đây là phiên bản đơn giản hơn của một chỉ báo (indicator) cho Bitcoin, hiển thị tín hiệu mua/bán dựa trên sự kết hợp của RSI và Stochastic.
XRP Buy/Sell Signals-baierm588This script calculates the short and long moving averages (50-period and 200-period by default) and generates buy signals when the short moving average crosses above the long moving average, and sell signals when it crosses below.
designed for XRP
4% Target and 1% Stop Loss Strategycreate a strategy using trading view with 4% target and 1% stoploss in pinscript
Position Trading (Conservative) by ATDCEnhanced Bullish Engulfing with MACD, ATR-Based SL/TP, RSI, Volume Filter, and Multi-Timeframe Analysis
Candle Patterns CCPThis indicator identifies and highlights various candlestick patterns directly on the price chart. These patterns are widely used in technical analysis to understand potential market reversals, continuations, or indecision. The indicator displays short names for each pattern for a clear and uncluttered visualization.
Previous Candle Levels (Full Chart)Draw horizontal line to show starting and ending price level based on the previous candle.
If it goes above the upper line then Buy and If it goes down the lower line then Sell.
Inside Week Candle//@version=5
indicator("Inside Week Candle", overlay=true)
// Function to identify inside week candles
isInsideCandle(high, low, prevHigh, prevLow) =>
high < prevHigh and low > prevLow
// Weekly high and low
var float weekHigh = na
var float weekLow = na
var int weekStart = na
// Update weekly high/low at the start of the week
if (weekStart != weekofyear(time))
weekHigh := high
weekLow := low
weekStart := weekofyear(time)
else
weekHigh := na(weekHigh) ? high : math.max(weekHigh, high)
weekLow := na(weekLow) ? low : math.min(weekLow, low)
// Previous week's high/low
var float prevWeekHigh = na
var float prevWeekLow = na
if weekStart != weekofyear(time)
prevWeekHigh := weekHigh
prevWeekLow := weekLow
// Identify inside week candle
insideWeek = isInsideCandle(weekHigh, weekLow, prevWeekHigh, prevWeekLow)
// Plot markers on the chart
plotshape(insideWeek, style=shape.triangleup, location=location.belowbar, color=color.green, size=size.small, title="Inside Week")
Newday_smaThis algorithm is based on SMA (Simple Moving Average) to identify price trends, detecting "positive price zones" (where the price is above the SMA) and "negative price zones" (where the price is below the SMA), and then connecting turning points within those zones with lines.
Key Steps:
SMA Period Selection: The user can select the SMA period to be 5, 10, or 20.
SMA Calculation: The SMA of the current price is calculated based on the selected period.
Identify Positive and Negative Price Zones:
Positive Price Zone: When the closing price is higher than the SMA, it’s considered a positive price zone.
Negative Price Zone: When the closing price is lower than the SMA, it’s considered a negative price zone.
Identify Turning Points:
In the positive price zone, if the current closing price falls below the SMA, a potential turning point is detected, and the algorithm looks for the lowest point (the lowest high in that zone).
In the negative price zone, if the current closing price rises above the SMA, a potential turning point is detected, and the algorithm looks for the highest point (the highest low in that zone).
Connect the Turning Points:
When transitioning from the negative price zone to the positive price zone, a line is drawn from the lowest point of the negative zone to the highest point of the positive zone.
When transitioning from the positive price zone to the negative price zone, a line is drawn from the highest point of the positive zone to the lowest point of the negative zone.
Dynamic Updates: As new candles form, the algorithm continuously updates the turning points and draws the lines accordingly.
Key Features:
Flexible SMA Period Selection: The user can choose from different SMA periods (5, 10, or 20).
Dynamic Turning Point Recognition: The algorithm dynamically identifies turning points based on the relationship between the price and the SMA, marking fluctuations in price.
Connecting Turning Points: The algorithm connects the key points in positive and negative price zones with lines to help identify price trends.
Use Cases:
This algorithm is useful for technical analysis, especially for short-term trading.
It helps identify support and resistance levels, assisting users in making buy and sell decisions.
Bougies Squeeze avec VolumeNom : Bougies Squeeze avec Volume by wassim ameur
Fonction :
Cet indicateur a été conçu pour détecter des bougies spécifiques appelées "squeeze". Ces bougies sont caractérisées par un corps relativement petit (la différence entre le prix d'ouverture et de clôture) et de longues ombres (la distance entre les prix haut et bas), accompagnées d'un volume significatif. Elles indiquent souvent une période de volatilité accrue ou un retournement potentiel de tendance.
Utilisation :
Détection visuelle :
Les bougies identifiées comme "squeeze" sont surlignées en rouge sur le graphique.
Une icône "S" apparaît au-dessus de chaque bougie squeeze détectée.
Alertes :
L'indicateur émet une alerte sonore et visuelle lorsqu'une bougie squeeze avec un grand volume est détectée (si les alertes sont activées).
Analyse des marchés :
Cet indicateur est particulièrement utile pour identifier des opportunités de trading sur des périodes où le marché montre des signes de compression ou de volatilité imminente.
Paramètres personnalisables :
Volume minimum : Définit le seuil à partir duquel le volume est considéré comme élevé.
Ratio maximum corps/ombre : Permet de régler la sensibilité pour détecter des bougies squeeze (plus le ratio est bas, plus les bougies détectées auront un corps petit par rapport à leurs ombres).
Avantages :
Fournit des alertes précises sur des bougies clés du marché.
Aide à anticiper les mouvements importants grâce à l'analyse du volume et des caractéristiques des bougies.
Adaptable à différentes stratégies grâce à des paramètres ajustables.
Idéal pour :
Les traders qui souhaitent identifier des zones de volatilité potentielle ou des signaux de retournement sur le marché, quel que soit l'actif ou l'intervalle de temps utilisé.
Time Appliconic Macro|ForTF5mThe Time Appliconic Macro (TAMcr) is a custom-built trading indicator designed for the 5-minute time frame (TF5m), providing traders with clear Buy and Sell signals based on precise technical conditions and specific time windows.
Key Features:
Dynamic Moving Average (MA):
The indicator utilizes a Simple Moving Average (SMA) to identify price trends.
Adjustable length for user customization.
Custom STARC Bands:
Upper and lower bands are calculated using the SMA and the Average True Range (ATR).
Includes a user-defined multiplier to adjust the band width for flexibility across different market conditions.
RSI Integration:
Signals are filtered using the Relative Strength Index (RSI), ensuring they align with overbought/oversold conditions.
Time-Based Signal Filtering:
Signals are generated only during specific time windows, allowing traders to focus on high-activity periods or times of personal preference.
Supports multiple custom time ranges with automatic adjustments for UTC-4 or UTC-5 offsets.
Clear Signal Visualization:
Buy Signals: Triggered when the price is below the lower band, RSI indicates oversold conditions, and the time is within the defined range.
Sell Signals: Triggered when the price is above the upper band, RSI indicates overbought conditions, and the time is within the defined range.
Signals are marked directly on the chart for easy identification.
Customizability:
Adjustable parameters for the Moving Average length, ATR length, and ATR multiplier.
Time zone selection and defined trading windows provide a tailored experience for global users.
Who is this Indicator For?
This indicator is perfect for intraday traders who operate in the 5-minute time frame and value clear, filtered signals based on price action, volatility, and momentum indicators. The time window functionality is ideal for traders focusing on specific market sessions or personal schedules.
How to Use:
Adjust the MA and ATR parameters to match your trading style or market conditions.
Set the desired time zone and time ranges to align with your preferred trading hours.
Monitor the chart for Buy (green) and Sell (red) signals, and use them as a guide for entering or exiting trades.
"Estrategia Estocástica Martillo 200""Este indicador combina el poder del oscilador estocástico y patrones de velas con la proximidad al nivel clave de la media móvil de 200 períodos. Diseñado para detectar oportunidades precisas de compra y venta, se activa cuando el precio está cerca de la MA200 y presenta un patrón de vela martillo (para compras) o martillo invertido (para ventas). Ideal para temporalidades rápidas como 5 minutos en pares de divisas como EUR/USD."
Current Day 1st Candle on 5 Min High & LowThis is the 5 orb indicator to use on your chart to mark the high and low of the first 5 min candle of the day. If the high and low are broken, we take trade long/short based on them.
RSI Divergence DetectorRSI ile birlikte divergence tespiti yapmak bu komut dosyası ile daha kolay olacak ve geliştirmeye acık olacak. İsteyen geliştirip kullanabilecek.
