Smart Money Concepts by Rakesh Sharma🎯 SMART MONEY CONCEPTS - TRADE WITH INSTITUTIONS
Reveal where banks, hedge funds, and institutional traders enter the market. Trade alongside smart money, not against them!
✨ FEATURES:
- Order Blocks (OB) - Institutional buying/selling zones
- Fair Value Gaps (FVG) - Market inefficiencies to exploit
- Break of Structure (BOS) - Trend continuation signals
- Change of Character (ChoCh) - Early reversal detection
- Liquidity Sweeps - Stop hunt identification
- Premium/Discount Zones - Buy cheap, sell expensive
- Live Dashboard - Real-time market structure
🎯 HOW TO USE:
✓ BUY in Discount Zone at Bullish Order Blocks
✓ SELL in Premium Zone at Bearish Order Blocks
✓ Wait for ChoCh or BOS confirmation
✓ Follow institutional footprints for high-probability setups
📊 PERFECT FOR:
All markets - Nifty, Bank Nifty, Stocks, Forex, Crypto
All timeframes - 5m (scalping), 15m (intraday), Daily (swing)
⚡ TRADING EDGE:
Stop trading like retail. Start trading like institutions. See where smart money accumulates and distributes. Catch reversals early with ChoCh signals.
Created by: Rakesh Sharma | Version 1.0
チャートパターン
4H Supply & Demand – 50% Mitigation (MTF clean)4H Supply & Demand – 50% Mitigation (MTF clean)
This indicator shows strictly 4h supply & demand zones
automatically deletes any zone that got filled by 51%
PDH/PDL Breakout Pip MeasurerThis indicator measures the maximum distance (in pips or points) that price travels after breaking through the Previous Day's High (PDH) or Previous Day's Low (PDL), before returning to a user-defined stop loss level. It provides statistical insights into breakout behavior for systematic trading analysis.
Input Parameters
Pip Multiplier: Adjust for different instruments (0.0001 for Forex, 1 for indices)
Bull Stop Loss Pips: Distance below PDH to define stop loss for bull breakouts
Bear Stop Loss Pips: Distance above PDL to define stop loss for bear breakouts
Show Table: Toggle statistics table display
Show Labels: Display pip measurements on chart
Show Levels: Toggle PDH/PDL level visibility
Statistics Table Includes
Total breakout counts (Bull/Bear/Combined)
Average pip distance per breakout type
Minimum and maximum recorded moves
Currently active breakout measurement
Evergito HH/LL 3 Señales + ATR SL 2How to trade with the Evergito HH/LL 3 Signals + ATR SL indicator? Brief and direct explanation: General system logic: The indicator looks for actual breakouts of the high/low of the last 20 bars (HH/LL) and combines them with the position relative to the 200 SMA to filter the underlying trend. You have 3 types of signals that you can activate/deactivate separately: Signal
When it appears
What it means in practice
Entry type
V1
HH breakout + the close crosses above the 200 SMA (or the opposite in a short position)
Very safe entry confirmed. The price has just validated the long/flat trend → safer and with a better ratio
The most reliable (the original)
V2
HH breakout but the price was already above the 200 SMA (or already below in a short position)
Entry in an already established trend. Fewer “surprises”, more continuity
Ideal for strong trends
V3
Only the breakout of the HH or LL, without looking at the 200 SMA
Aggressive entry/scalping on explosive breakouts. More signals, more noise.
For times of high volatility.
How to enter the market (simple rule): Wait for any of the 3 labels (V1, V2, or V3) to appear, depending on which ones you have activated.
Enter at the close of that candle (or at the open of the next one if you are conservative).
Automatic Stop Loss → the blue (long) or yellow (short) line that represents the ATR x2.
Take Profit → you decide, but the indicator already gives you the visual reference for the risk (ATR x2), so 1:2 or 1:3 is usually very convenient.
Practical example: You see a large green label “HH LONG V1” → you go long at the close of that candle. Stop right at the blue line (ATR x2 below the price).
Typical target: 2x or 3x the risk (very common to reach it in a trend).
Recommended use: Most traders leave only V1 activated → fewer signals but very high quality.
Those who trade intraday or crypto usually combine V1 + V2.
V3 only for news events or very volatile openings.
In summary:
Label = immediate entry
Blue/yellow line = automatic stop
And enjoy the move.
Minho Index | SETUP+@TraderMinho//@version=5
// By: Trader Minho — Analista Gráfico desde 2022
indicator("Minho Index | SETUP+@TraderMinho", shorttitle="Minho Index (Classic)", overlay=false)
//--------------------------------------------------------
// PARAMETERS
//--------------------------------------------------------
shortPeriod = input.int(3, "Short Period")
mediumPeriod = input.int(8, "Medium Period")
longPeriod = input.int(20, "Long Period")
intensityFactor = input.float(3.0, "Intensity Factor", step = 0.1)
shortSmoothing = input.int(2, "Short Smoothing (EMA)")
mediumSmoothing = input.int(5, "Medium Smoothing (EMA)")
shortColor = input.color(color.new(#00CED1, 0), "Short Line Color (Aqua Blue)")
mediumColor = input.color(color.new(#FFD700, 0), "Medium Line Color (Yellow)")
zeroColor = input.color(color.new(color.white, 0), "Zero Line Color")
lineWidth = input.int(1, "Line Thickness")
//--------------------------------------------------------
// MOVING AVERAGE CALCULATIONS
//--------------------------------------------------------
smaShort = ta.sma(close, shortPeriod)
smaMedium = ta.sma(close, mediumPeriod)
smaLong = ta.sma(close, longPeriod)
//--------------------------------------------------------
// CLASSIC DIDI NORMALIZATION
//--------------------------------------------------------
priceBase = ta.sma(close, longPeriod)
didiShort = ((smaShort - smaLong) / priceBase) * intensityFactor
didiMedium = ((smaMedium - smaLong) / priceBase) * intensityFactor
//--------------------------------------------------------
// FINAL SMOOTHING (CLASSIC NEEDLE EFFECT)
//--------------------------------------------------------
aquaSmooth = ta.ema(didiShort, shortSmoothing)
yellowSmooth = ta.ema(didiMedium, mediumSmoothing)
//--------------------------------------------------------
// PLOTS
//--------------------------------------------------------
hline(0, "Zero Line", color = zeroColor, linewidth = 1)
plot(aquaSmooth, "Short (Aqua)", color = shortColor, linewidth = lineWidth)
plot(yellowSmooth, "Medium (Yellow)", color = mediumColor, linewidth = lineWidth)
Top 20 Adaptive Momentum [Trend Aligned]his script is an automated End-of-Day Momentum Dashboard designed to predict the next trading day's directional bias for the top 20 most volatile stocks. It analyzes institutional price action during the final 10 minutes of the trading session and filters signals based on the long-term trend.
How It Works
Trend Identification: The script calculates a 50-Day Moving Average proxy (using 5-minute data) to determine if a stock is in a Long-Term Uptrend or Downtrend.
Adaptive Signal Logic: Instead of a simple reversal strategy, the script adapts its prediction based on the trend context:
Trend Following: If a stock closes strong (Green) in an Uptrend, it signals Bullish Momentum (continuation).
Mean Reversion: If a stock closes strong (Green) in a Downtrend, it signals Bearish Reversion (fade the bounce).
Dip Buying: If a stock closes weak (Red) in an Uptrend, it signals Bullish Reversion (buy the dip).
Live Backtesting: The dashboard features a "Win Rate (3M)" column. This metric backtests the strategy over the past 3 months for each specific ticker, calculating the percentage of time the predicted bias resulted in a winning trade the following day.
Dashboard Columns
Ticker: The stock symbol.
Prev Day: The overall close vs. open of the previous session.
Trend (50d): The long-term trend direction (UP or DOWN).
BIAS TODAY: The actionable signal for the current session (📈 BULLISH or 📉 BEARISH).
Win Rate: The historical probability of success for this strategy on this specific stock.
Usage: Use this tool pre-market to identify high-probability setups where the previous day's closing momentum aligns with the long-term trend.
To effectively use the Top 20 Adaptive Momentum script, you need to treat it as a Pre-Market Screener. It performs the heavy lifting of analyzing trend, momentum, and historical probability instantly, giving you a "Cheat Sheet" for the trading day.
Here is a step-by-step guide on how to integrate it into your routine:
1. The Setup
Timeframe: Set your chart to 5 Minutes. The logic specifically hunts for the 15:50 (3:50 PM) and 15:55 (3:55 PM) candles, so the calculation works best on this timeframe.
Timing: Check this dashboard before the market opens (e.g., 9:00 AM EST) or shortly after the close (4:05 PM EST) to plan for the next session.
2. Reading the Dashboard Columns
Column What to Look For Actionable Insight
Trend (50d) UP (Green) or DOWN (Red) This tells you the "Big Picture." Only trade in this direction. If Trend is UP, you only want to see Bullish signals. If Trend is DOWN, you only want Bearish signals.
BIAS TODAY 📈 BULLISH Plan: Look for Long/Buy setups at the open. The algorithm predicts price will close higher today.
📉 BEARISH Plan: Look for Short/Sell setups at the open. The algorithm predicts price will close lower.
Win Rate (3M) Percentage (e.g., 65%) Confidence Filter. Only take trades on stocks with a Win Rate above 55-60%. This proves the stock historically respects this specific strategy.
3. The Strategy Scenarios (How to Trade)
Scenario A: The "Trend Continuation" (High Probability)
Dashboard: Trend is UP + Bias is BULLISH.
Context: The stock is strong long-term, and it closed strong yesterday (Momentum).
Execution: Watch for an opening gap up or an early breakout above the pre-market high. Go Long.
Scenario B: The "Dip Buy" (High Probability)
Dashboard: Trend is UP + Bias is BULLISH.
Context: The stock is strong long-term, but it pulled back yesterday (Weak Close). The script identifies this as a discount, not a reversal.
Execution: Watch for the stock to find support early. Use the "Master Sniper" (from your other script) to find a Discount Entry FVG.
Scenario C: The "Trap" (Avoid)
Dashboard: Win Rate is < 50%.
Context: The stock is choppy or news-driven. It does not follow technical momentum rules reliably.
Execution: Skip this stock. Move to the next one on the list.
4. Execution Workflow
Scan: Glance at the dashboard. Identify the 2-3 stocks with Green Bias + Green Trend (for Buys) or Red Bias + Red Trend (for Shorts).
Filter: Ensure their "Win Rate" is decent (over 55%).
Trade: Open the charts for those specific stocks. Use your execution indicators (like the Master Sniper) to time the entry on the 1-minute or 5-minute chart.
By using this dashboard, you stop guessing which stock to trade and focus entirely on executing the best setups.
EXPLOSION Scanner v1 - Sudden Spike Hunter//@version=5
indicator("EXPLOSION ENTRY v1 - 5Day Swing Breakout Scanner", overlay=true)
// ===============================
// 입력값
// ===============================
lenBB = input.int(20, "BB Length")
multBB = input.float(2.0, "BB StdDev")
lenVolMA = input.int(20, "Volume MA Length")
volMult = input.float(1.8, "Volume Explosion Mult")
lenATR = input.int(14, "ATR Length")
atrThresh= input.float(3.0, "ATR % Threshold")
needBull = input.int(4, "최근 5봉 중 최소 양봉 개수", minval=1, maxval=5)
// ===============================
// Bollinger Band
// ===============================
basis = ta.sma(close, lenBB)
dev = ta.stdev(close, lenBB)
upper = basis + dev * multBB
lower = basis - dev * multBB
plot(upper, "BB Upper", display=display.none)
plot(basis, "BB Basis", display=display.none)
plot(lower, "BB Lower", display=display.none)
// ===============================
// Volume Explosion
// ===============================
volMA = ta.sma(volume, lenVolMA)
volCond = volume > volMA * volMult
// ===============================
// 5-Day Candle Strength (최근 5봉 양봉 개수)
// ===============================
bullCount = (close > open ? 1 : 0) +
(close > open ? 1 : 0) +
(close > open ? 1 : 0) +
(close > open ? 1 : 0) +
(close > open ? 1 : 0)
candleCond = bullCount >= needBull
// ===============================
// ATR Volatility Filter
// ===============================
atrValue = ta.atr(lenATR)
atrRate = atrValue / close * 100.0
volatilityCond = atrRate > atrThresh
// ===============================
// Trend Filter (기본 추세)
// ===============================
trendCond = close > basis
// ===============================
// 최종 매수 조건
// ===============================
buyCond = trendCond and volCond and candleCond and volatilityCond
// ===============================
// BUY 신호 표시
// ===============================
plotshape(
buyCond,
title = "BUY Signal",
style = shape.triangleup,
location = location.belowbar,
size = size.small,
text = "BUY",
textcolor = color.white
)
// ===============================
// 알림(Alert)
// ===============================
alertcondition(
buyCond,
title = "EXPLOSION BUY",
message = "EXPLOSION ENTRY v1 : BUY SIGNAL 발생"
)
Stoch RSI Buy/Sell Signals with AlertsMy charts show HBM and CMCL graphs. The colors show you when to buy and when to sell.
The script is data-driven:
It calculates RSI and Stoch RSI based on each ticker’s own price movement.
The %K and %D lines are smoothed from that ticker’s momentum.
Signals only fire when that ticker’s %K crosses %D in the right zone.
So if CMCL is oversold and HBM is overbought, you’ll get:
✅ Green K line and green background on CMCL
❌ Red K line and red background on HBM
Even if they both show gray at the same time, it’s because neither is in a signal zone — not because the charts are duplicates.
MC² Daily Candidates (v1.0 SAFE)// This Pine Script® code is subject to the terms of the Mozilla Public License 2.0 at mozilla.org
// © mason_fibkins
//@version=5
indicator("MC² Daily Candidates (v1.0 SAFE)", overlay=true)
// ──────────────────────────────────────────
// INTERNAL DAILY DATA (NO TIMEFRAME ARGUMENT)
// ──────────────────────────────────────────
getDaily(_src) =>
request.security(syminfo.tickerid, "D", _src)
// Daily values
d_close = getDaily(close)
d_open = getDaily(open)
d_high = getDaily(high)
d_low = getDaily(low)
d_vol = getDaily(volume)
// ──────────────────────────────────────────
// Parameters
// ──────────────────────────────────────────
lookbackVol = input.int(10, "Vol Lookback (days)")
atrLength = input.int(14, "ATR Length")
emaLen = input.int(20, "EMA Length")
smaLen = input.int(50, "SMA Length")
// ──────────────────────────────────────────
// Core Calculations (DAILY)
// ──────────────────────────────────────────
// Relative Volume
relVol = d_vol / request.security(syminfo.tickerid, "D", ta.sma(volume, lookbackVol))
// Momentum — last 2 daily bullish candles
twoGreen = (d_close > d_open) and (request.security(syminfo.tickerid, "D", close ) > request.security(syminfo.tickerid, "D", open ))
// Trend filters
emaTrend = d_close > request.security(syminfo.tickerid, "D", ta.ema(close, emaLen))
smaTrend = d_close > request.security(syminfo.tickerid, "D", ta.sma(close, smaLen))
// ATR Expansion
d_atr = request.security(syminfo.tickerid, "D", ta.atr(atrLength))
atrExpand = d_atr > request.security(syminfo.tickerid, "D", ta.atr(atrLength))
// Strong Close
dayRange = d_high - d_low
closePos = dayRange > 0 ? (d_close - d_low) / dayRange : 0.5
strongClose = closePos > 0.70
// MASTER CONDITION
candidate = relVol > 2.0 and twoGreen and emaTrend and smaTrend and atrExpand and strongClose
// ──────────────────────────────────────────
// PLOT — GREEN CIRCLE BELOW DAILY BARS
// ──────────────────────────────────────────
plotshape(candidate, title="Daily Candidate", style=shape.circle, size=size.large, color=color.new(color.green, 0), location=location.belowbar, text="MC²")
// ──────────────────────────────────────────
// END
// ──────────────────────────────────────────
plot(candidate ? 1 : 0, title="MC2_Signal", display=display.none)
Momentum Permission + Pivot Entry + Exit (v1.4 FINAL SCAN)plot(permitOut, "PERMIT", display=display.none)
plot(entryOut, "ENTRY", display=display.none)
plot(exitOut, "EXIT", display=display.none)
3rd Candle Coach – VWAP/ORB Tool3rd Candle Coach, VWAP and ORB Logic Script
This script helps you spot clean setups by checking your key conditions at the same time. It shows a simple pass or fail for each piece and prints a signal only when everything agrees.
What this script checks:
1. **3 Candle Breakouts from VWAP, Volume Weighted Average Price, or ORB, Opening Range Breakout**
* Needs two full candles above or below VWAP or ORB
* Third candle must follow in the same direction
* Marks the setup once all three confirm
2. **Trend Using EMAs, Exponential Moving Averages (9 and 21)**
* Shows if the fast EMA is above or below the slow EMA
* Can confirm if the EMAs support the trade direction
3. **Momentum Using RSI, Relative Strength Index, and MACD, Moving Average Convergence Divergence**
* RSI must clear your level for longs or shorts
* MACD must agree with the direction
4. **Volume Check, Simple and Relative Volume Comparison**
* Compares current volume to a volume moving average
* Can check relative volume for strength
5. **Higher Timeframe Trend Using HTF EMA, Higher Timeframe Exponential Moving Average**
* Shows larger trend direction for bias
6. **Session Timing Filter, Session Based Signal Control**
* Lets signals fire only inside your chosen session window
7. **ATR Extension Check, Average True Range Distance from VWAP or ORB**
* Measures how far price has stretched from VWAP or ORB using ATR units
* Blocks signals when the move is too extended
8. **Long and Short Signal Markers, Directional Trade Alerts**
* Prints a long marker when all enabled conditions pass
* Prints a short marker when all enabled conditions pass
9. **Condition Breakdown Panel, Real Time Pass or Fail Table**
* Shows pass or fail for trend, RSI, MACD, volume, relative volume, higher timeframe bias, session, and extension
10. **Explanation Labels, Signal Reasoning Summary**
* When a signal fires, a label shows which conditions triggered it
---
This script gives you a clean checklist and one clear signal only when everything lines up. It helps you see the setup form step by step and keeps your chart easy to read.
---
note:
I built this to help you spot when indicators actually agree. It is mainly a training script. Alerts on the one minute fire a lot, so turn them off or use a five minute chart. You can turn almost everything off to keep it as simple or strict as you want.
Buy-Sell Arrows – SuperTrend Entries OnlyRecommended Rules for "Buy Calls Only + Exit Fast on Downtrend"
Signal from SuperTrend Script Your Action (Calls Only)
Green BUY arrow → Enter calls (ATM or slightly OTM, 21–45 DTE)
Red SELL arrow → Immediately exit the call (market order or tight stop) — do NOT wait
No position between signals Stay in cash — no calls open during red SuperTrend phases
ICT Asian & London Range + First Presented FVGIndicator: ICT Sessions + First Presented FVG
What it does: This tool automates the markup of key ICT (Inner Circle Trader) timeframes and entry signals. It allows you to trade on higher timeframes (like the 5m or 15m) while the script automatically "looks inside" the 1-minute chart to find specific setups for you.
Key Features:
Session Ranges (Asian & London)
Automatically highlights the Asian Session (8 PM - Midnight NY) and London Open (2 AM - 5 AM NY).
Draws a shaded box for the session's High and Low.
New: Extends the High and Low lines to 4:00 PM NY (end of the trading day) so you can use them as liquidity targets.
The "First Presented" FVG (Sniper Logic)
It detects the very first Fair Value Gap (FVG) that forms on the 1-minute chart immediately after a session starts.
It draws this 1-minute gap on your current chart, regardless of what timeframe you are viewing.
The FVG box automatically extends to the end of the trading day (4 PM NY), showing you where price might return to "mitigate" or react later in the day.
Confluence Retournement Haussier - Ultimate V1This indicator was originally designed to visualize the right moment to enter a position. I buy stocks when they are falling, at the bottom before they rebound.
The 30‑minute chart with its 100 EMA was used as the baseline, but it can be applied to multiple timeframes. I even used it on a 1‑second chart for a ticker, and when there is volume it works wonderfully.
It’s up to you to check whether it fits the ticker you’re analyzing by testing it on historical data.
Drawback: it takes up screen space. Feel free to improve it.
See a ticker in freefall and wonder whether it’s a good time to buy or if it will keep falling? Switch your chart to 30 minutes and watch for triangles and green circles to start appearing.
You could call it momentum. Your background begins to show color when there is confluence. If it stays black, don’t buy.
Already in the trade and the screen turns black? Sell, and wait for the colors to return before buying back in
ART Customizable Overbought Oversold indicatorThis toolkit will help you identify RSI levels on either extremes, you can customize them.
The Quantum Leap: Renko + ML(Note: This indicator uses the BackQuant & SuperTrend which takes a 4-5 seconds to load)
This strategy uses the following indicators (please see source code)
Synthetic Renko: Ignores time and focuses purely on price movement to detect clear trend reversals (Red-to-Green).
ATR (Average True Range): Measures volatility to calculate the Renko brick sizes and SuperTrend sensitivity.
Adaptive SuperTrend: A trend filter that uses volatility clustering to confirm if the market is currently in a "Bearish" state.
RSI (Relative Strength Index): A momentum gauge ensuring the asset is "Oversold" (exhausted) before we consider a setup.
Monthly Pivots: Horizontal support lines based on last month's data acting as price "floors" (S1, S2, S3).
SMA (Simple Moving Average): A 100-bar average ensuring we are strictly buying below the long-term mean (deep value).
BackQuant (KNN): A Machine Learning engine that compares current data to historical patterns to predict immediate momentum.
This is a sophisticated, multi-stage strategy script. It combines "Old School" price action (Renko) with "New School" Machine Learning (KNN and Clustering).
Here is the high-level summary of how we will break this down:
Topic 1: The "Bottom Hunter" Setup. How the script uses Renko bricks and aggressive filtering (SuperTrend, SMA, RSI, Pivots) to find a potential market bottom.
Topic 2: The ML Engine (BackQuant & SuperTrend). How the script uses K-Nearest Neighbors (KNN) to predict momentum and Volatility Clustering to adjust the SuperTrend.
Topic 3: The "Leap" Execution. How the script synchronizes the Setup (Topic 1) with the ML Trigger (Topic 2) using a time window.
Topic 1: The "Bottom Hunter" Setup
This script is designed as a Mean Reversion strategy (often called "catching a falling knife" or "bottom fishing"). It is trying to find the exact moment a downtrend stops and reverses.
Most strategies buy when price is above the 200 SMA or above the SuperTrend. This script does the exact opposite.
The Logic:
Renko Bricks: It simulates Renko bricks internally (without changing your chart view). It waits for a specific pattern: A Red Brick followed immediately by a Green Brick (a reversal).
The "Bearish" Filters: To generate a "WATCH" signal, the following must be true:
Price < SuperTrend: The market must officially be in a downtrend.
Price < SMA: Long-term trend is down.
Price < Monthly Pivot: Price is deeply discounted.
RSI < Threshold: The asset is oversold (exhausted).
Recommended Settings for daily signals for Stocks :
Confirmation : 10. (How many bars after Renko Buy signal the AI has to identify a bullish move).
Percentage : 2 (This is the Renko bar size. This represents 2% move.)
SMA: 100 (Signal must be found below 100 SMA)
Price must be below: PIVOT (This is the monthly Pivot levels)
CHoCH and BOS - Market StructureIdentifies Break of Structure (BOS) and Change of Character (CHoCH) in real-time. Displays swing and internal market structure with configurable alerts.
Features:
Real-time BOS and CHoCH detection
Swing and internal structure
8 alert conditions
Full customization
Based on Smart Money Concepts (SMC) - Fork of LuxAlgo's original work
For price action and Smart Money Concepts traders.
RSI + MACD Day Trading Toolkit//@version=6
indicator("RSI + MACD Day Trading Toolkit", overlay = true)
//──────────────────────────────────────────────────────────────────────────────
// 1. INPUTS
//──────────────────────────────────────────────────────────────────────────────
// RSI settings
rsiLength = input.int(14, "RSI Length")
rsiOverbought = input.float(70, "RSI Overbought Level", minval = 50, maxval = 100)
rsiOversold = input.float(30, "RSI Oversold Level", minval = 0, maxval = 50)
// MACD settings (classic 12 / 26 / 9)
macdFastLength = input.int(12, "MACD Fast Length")
macdSlowLength = input.int(26, "MACD Slow Length")
macdSignalLength = input.int(9, "MACD Signal Length")
// Risk model selection
riskModel = input.string("ATR", "Risk Model", options = )
// ATR-based SL/TP
atrLength = input.int(14, "ATR Length")
atrSLMult = input.float(1.5, "SL ATR Multiplier", minval = 0.1, step = 0.1)
atrTPMult = input.float(2.5, "TP ATR Multiplier", minval = 0.1, step = 0.1)
// Percent-based SL/TP (for scalping on very tight spreads)
slPercent = input.float(0.5, "SL % (when Risk Model = Percent)", minval = 0.05, step = 0.05)
tpPercent = input.float(1.0, "TP % (when Risk Model = Percent)", minval = 0.05, step = 0.05)
// Visual / styling
showSLTPLines = input.bool(true, "Plot Stop Loss / Take Profit Lines")
//──────────────────────────────────────────────────────────────────────────────
// 2. CORE INDICATORS: RSI & MACD
//──────────────────────────────────────────────────────────────────────────────
rsiValue = ta.rsi(close, rsiLength)
// Manual MACD calculation (avoids tuple unpacking issues)
macdFastEMA = ta.ema(close, macdFastLength)
macdSlowEMA = ta.ema(close, macdSlowLength)
macdValue = macdFastEMA - macdSlowEMA
macdSignal = ta.ema(macdValue, macdSignalLength)
macdHist = macdValue - macdSignal
atrValue = ta.atr(atrLength)
// Hide internal plots from price scale (still accessible if you change display)
plot(rsiValue, "RSI", display = display.none)
plot(macdValue, "MACD", display = display.none)
plot(macdSignal, "MACD Sig", display = display.none)
plot(macdHist, "MACD Hist", display = display.none)
//──────────────────────────────────────────────────────────────────────────────
// 3. SIGNAL LOGIC (ENTRY CONDITIONS)
//──────────────────────────────────────────────────────────────────────────────
//
// Idea:
// - LONG bias: RSI emerges from oversold AND MACD crosses above signal below zero
// - SHORT bias: RSI falls from overbought AND MACD crosses below signal above zero
//
// Combines momentum (RSI) with trend confirmation (MACD).
//──────────────────────────────────────────────────────────────────────────────
// RSI events
rsiBullCross = ta.crossover(rsiValue, rsiOversold) // RSI crosses UP out of oversold
rsiBearCross = ta.crossunder(rsiValue, rsiOverbought) // RSI crosses DOWN from overbought
// MACD crossover with trend filter
macdBullCross = ta.crossover(macdValue, macdSignal) and macdValue < 0 // Bullish cross below zero-line
macdBearCross = ta.crossunder(macdValue, macdSignal) and macdValue > 0 // Bearish cross above zero-line
// Raw (ungated) entry signals
rawLongSignal = rsiBullCross and macdBullCross
rawShortSignal = rsiBearCross and macdBearCross
//──────────────────────────────────────────────────────────────────────────────
// 4. STATE MANAGEMENT (SIMULATED POSITION TRACKING)
//──────────────────────────────────────────────────────────────────────────────
//
// position: 1 = long
// -1 = short
// 0 = flat
//
// We track entry price and SL/TP levels as if this were a strategy.
// This is still an indicator – it just computes and plots the logic.
//──────────────────────────────────────────────────────────────────────────────
var int position = 0
var float longEntryPrice = na
var float shortEntryPrice = na
var float longSL = na
var float longTP = na
var float shortSL = na
var float shortTP = na
// Per-bar flags (for plotting / alerts)
var bool longEntrySignal = false
var bool shortEntrySignal = false
var bool longExitSignal = false
var bool shortExitSignal = false
// Reset per-bar flags each bar
longEntrySignal := false
shortEntrySignal := false
longExitSignal := false
shortExitSignal := false
//──────────────────────────────────────────────────────────────────────────────
// 5. EXIT LOGIC (STOP LOSS / TAKE PROFIT / OPPOSITE SIGNAL)
//──────────────────────────────────────────────────────────────────────────────
//
// Exits are evaluated BEFORE new entries on each bar.
//──────────────────────────────────────────────────────────────────────────────
// Stop-loss / take-profit hits for existing positions
longStopHit = position == 1 and not na(longSL) and low <= longSL
longTakeHit = position == 1 and not na(longTP) and high >= longTP
shortStopHit = position == -1 and not na(shortSL) and high >= shortSL
shortTakeHit = position == -1 and not na(shortTP) and low <= shortTP
// Opposite signals can also close positions
reverseToShort = position == 1 and rawShortSignal
reverseToLong = position == -1 and rawLongSignal
// Combine exit conditions
longExitNow = longStopHit or longTakeHit or reverseToShort
shortExitNow = shortStopHit or shortTakeHit or reverseToLong
// Register exits and flatten position
if longExitNow and position == 1
longExitSignal := true
position := 0
longEntryPrice := na
longSL := na
longTP := na
if shortExitNow and position == -1
shortExitSignal := true
position := 0
shortEntryPrice := na
shortSL := na
shortTP := na
//──────────────────────────────────────────────────────────────────────────────
// 6. ENTRY LOGIC WITH RISK MODEL (SL/TP CALCULATION)
//──────────────────────────────────────────────────────────────────────────────
//
// Only take a new trade when flat.
// SL/TP are calculated relative to entry price using either ATR or Percent.
//──────────────────────────────────────────────────────────────────────────────
if position == 0
// Long entry
if rawLongSignal
position := 1
longEntryPrice := close
if riskModel == "ATR"
longSL := longEntryPrice - atrValue * atrSLMult
longTP := longEntryPrice + atrValue * atrTPMult
else // Percent model
longSL := longEntryPrice * (1.0 - slPercent / 100.0)
longTP := longEntryPrice * (1.0 + tpPercent / 100.0)
longEntrySignal := true
// Short entry
else if rawShortSignal
position := -1
shortEntryPrice := close
if riskModel == "ATR"
shortSL := shortEntryPrice + atrValue * atrSLMult
shortTP := shortEntryPrice - atrValue * atrTPMult
else // Percent model
shortSL := shortEntryPrice * (1.0 + slPercent / 100.0)
shortTP := shortEntryPrice * (1.0 - tpPercent / 100.0)
shortEntrySignal := true
//──────────────────────────────────────────────────────────────────────────────
// 7. PLOTTING: ENTRIES, EXITS, STOPS & TARGETS
//──────────────────────────────────────────────────────────────────────────────
// Entry markers
plotshape(longEntrySignal, title = "Long Entry", style = shape.triangleup, location = location.belowbar, color = color.new(color.lime, 0), size = size.small, text = "LONG")
plotshape(shortEntrySignal, title = "Short Entry", style = shape.triangledown, location = location.abovebar, color = color.new(color.red, 0), size = size.small, text = "SHORT")
// Exit markers (generic exits: SL, TP or reversal)
plotshape(longExitSignal, title = "Long Exit", style = shape.xcross, location = location.abovebar, color = color.new(color.orange, 0), size = size.tiny, text = "LX")
plotshape(shortExitSignal, title = "Short Exit", style = shape.xcross, location = location.belowbar, color = color.new(color.orange, 0), size = size.tiny, text = "SX")
// Optional: show SL/TP levels on chart while in position
plot(showSLTPLines and position == 1 ? longSL : na, title = "Long Stop Loss", style = plot.style_linebr, color = color.new(color.red, 0), linewidth = 1)
plot(showSLTPLines and position == 1 ? longTP : na, title = "Long Take Profit", style = plot.style_linebr, color = color.new(color.lime, 0), linewidth = 1)
plot(showSLTPLines and position == -1 ? shortSL : na, title = "Short Stop Loss", style = plot.style_linebr, color = color.new(color.red, 0), linewidth = 1)
plot(showSLTPLines and position == -1 ? shortTP : na, title = "Short Take Profit", style = plot.style_linebr, color = color.new(color.lime, 0), linewidth = 1)
//──────────────────────────────────────────────────────────────────────────────
// 8. ALERT CONDITIONS
//──────────────────────────────────────────────────────────────────────────────
//
// Configure TradingView alerts using these conditions.
//──────────────────────────────────────────────────────────────────────────────
// Entry alerts
alertcondition(longEntrySignal, title = "Long Entry (RSI+MACD)", message = "RSI+MACD: Long entry signal")
alertcondition(shortEntrySignal, title = "Short Entry (RSI+MACD)", message = "RSI+MACD: Short entry signal")
// Exit alerts (by type: SL vs TP vs reversal)
alertcondition(longStopHit, title = "Long Stop Loss Hit", message = "RSI+MACD: Long STOP LOSS hit")
alertcondition(longTakeHit, title = "Long Take Profit Hit", message = "RSI+MACD: Long TAKE PROFIT hit")
alertcondition(shortStopHit, title = "Short Stop Loss Hit", message = "RSI+MACD: Short STOP LOSS hit")
alertcondition(shortTakeHit, title = "Short Take Profit Hit", message = "RSI+MACD: Short TAKE PROFIT hit")
alertcondition(reverseToShort, title = "Long Exit by Reverse Signal", message = "RSI+MACD: Long exit by SHORT reverse signal")
alertcondition(reverseToLong, title = "Short Exit by Reverse Signal", message = "RSI+MACD: Short exit by LONG reverse signal")
//──────────────────────────────────────────────────────────────────────────────
// 9. QUICK USAGE NOTES
//──────────────────────────────────────────────────────────────────────────────
//
// - Indicador, não estratégia: ele simula posição, SL/TP e sinais de saída.
// - Para backtest/auto, basta portar a mesma lógica para um script `strategy()`
// usando `strategy.entry` e `strategy.exit`.
// - Em day trade, teste ATR vs Percent e ajuste os multiplicadores ao ativo.
//──────────────────────────────────────────────────────────────────────────────
Yesterday High LineYesterdays High Line Green Dotted Line. Just a line at the high point reached in yesterdays trading cycle
My WatchlistUse Case
Do you belong to a group of traders that post key levels based on their technical analysis to be utilized for trading opportunities? The goal of this indicator is to reduce your daily prep time by allowing you to paste in the actual level values instead of trying to manually create each of the horizontal lines.
How it works
Simply enter the values of the key levels for the tickers that you would like to plot horizontal lines for. If you don't want to plot a level just leave the value as zero and it will be ignored.
Settings
You can enable/disable any of the levels
You can change the colors of the levels
You can add Previous Day High and Previous Day Low levels to the chart
Evergito HH/LL 3 Señales + ATR SLHow to trade with the Evergito HH/LL 3 Signals + ATR SL indicator? Brief and direct explanation: General system logic: The indicator looks for actual breakouts of the high/low of the last 20 bars (HH/LL) and combines them with the position relative to the 200 SMA to filter the underlying trend. You have 3 types of signals that you can activate/deactivate separately: Signal
When it appears
What it means in practice
Entry type
V1
HH breakout + the close crosses above the 200 SMA (or the opposite in a short position)
Very safe entry confirmed. The price has just validated the long/flat trend → safer and with a better ratio
The most reliable (the original)
V2
HH breakout but the price was already above the 200 SMA (or already below in a short position)
Entry in an already established trend. Fewer “surprises”, more continuity
Ideal for strong trends
V3
Only the breakout of the HH or LL, without looking at the 200 SMA
Aggressive entry/scalping on explosive breakouts. More signals, more noise.
For times of high volatility.
How to enter the market (simple rule): Wait for any of the 3 labels (V1, V2, or V3) to appear, depending on which ones you have activated.
Enter at the close of that candle (or at the open of the next one if you are conservative).
Automatic Stop Loss → the blue (long) or yellow (short) line that represents the ATR x2.
Take Profit → you decide, but the indicator already gives you the visual reference for the risk (ATR x2), so 1:2 or 1:3 is usually very convenient.
Practical example: You see a large green label “HH LONG V1” → you go long at the close of that candle. Stop right at the blue line (ATR x2 below the price).
Typical target: 2x or 3x the risk (very common to reach it in a trend).
Recommended use: Most traders leave only V1 activated → fewer signals but very high quality.
Those who trade intraday or crypto usually combine V1 + V2.
V3 only for news events or very volatile openings.
In summary:
Label = immediate entry
Blue/yellow line = automatic stop
And enjoy the move.
Confluence Retournement Haussier - Ultimate V1This indicator was originally designed to visualize the right moment to enter a position. I buy stocks when they are falling, at the bottom before they rebound.
The 30‑minute chart with its 100 EMA was used as the baseline, but it can be applied to multiple timeframes. I even used it on a 1‑second chart for a ticker, and when there is volume it works wonderfully.
It’s up to you to check whether it fits the ticker you’re analyzing by testing it on historical data.
Drawback: it takes up screen space. Feel free to improve it.
See a ticker in freefall and wonder whether it’s a good time to buy or if it will keep falling? Switch your chart to 30 minutes and watch for triangles and green circles to start appearing.
You could call it momentum. Your background begins to show color when there is confluence. If it stays black, don’t buy.
Already in the trade and the screen turns black? Sell, and wait for the colors to return before buying back in
