RSI50此策略的逻辑是：
1.将RSI周期调整为750.
2.增加一条ma均线，这条ma线是将rsi线进行sma计算 ，并且设置sma周期为15
3.ma均线上穿rsi=50 线，做多
ma均线下穿rsi= 50 线，做空
ma均线上穿rsi=52线，平多
ma均线下穿rsi=48线，平空
此策略暂时适用于btcusdt 15min
The logic of this strategy is as follows:
1. Set the RSI period to 750.
2. Add a moving average (MA) line, which is the simple moving average (SMA) of the RSI line, with a SMA period of 15.
3.Enter a long position when the MA line crosses above the RSI = 50 line.
Enter a short position when the MA line crosses below the RSI = 50 line.
Close the long position when the MA line crosses above the RSI = 52 line.
Close the short position when the MA line crosses below the RSI = 48 line.
this strategy is applied to BTCUSDT on the 15-minute chart.
チャートパターン
JJRANALYTICAA failed atempt at making a profitable algo. Uses hopes and dreams with a base of auction market theory.
V6_1_24 indicator TDFXindicator TRFX
lh:0817661139 zalo thanh nguyen hd indicator full topping
uu diem scapl m15->h3
swing h5-
FOREXHUB INDICATOR
• Highest accuracy rate up to 97%, also built using CHATGBPT 4.0, our bes
FOREXHUB SYSTEM.zip
V6_1_24 indicator TDFXindicator TRFX
lh:0817661139 zalo thanh nguyen hd indicator full topping
uu diem scapl m15->h3
swing h5-
FOREXHUB INDICATOR
• Highest accuracy rate up to 97%, also built using CHATGBPT 4.0, our bes
FOREXHUB SYSTEM.zip
Mahesh G Volume analysis of 50 Candles for buy or sellThis indicator will help to analysis last 50 candles average volume and give a trend for buying and selling
WP Dominant BU BD FVG MARK Stc Detectionfirst trial error. use with great awareness.
This script is a technical analysis tool created to detect and visualize two important market patterns: Dominant Break Up (DBU) and Dominant Break Down (DBD). These patterns provide insight into market sentiment and potential price movement reversals or continuations. Here’s a detailed explanation of how the script works:
1. Purpose of the Script
The script identifies specific formations of candlesticks that indicate strong upward (DBU) or downward (DBD) trends. By highlighting these patterns directly on the chart, traders can quickly assess the market situation and make informed decisions.
2. Components of the Script
a) DBU (Dominant Break Up) Pattern
The DBU pattern indicates bullish strength, where the market shows a dominant upward move.
Rules for DBU:
At least 5 candles are analyzed: the first 4 must be green (bullish candles), followed by 1 red (bearish) candle.
The open price of the fifth candle must:
Be higher than the closing prices of the 4 previous green candles.
Be lower than the close price of the last (current) candle.
Visualization for DBU:
Green triangle symbol is plotted below the DBU candle to indicate bullish strength.
A transparent purple box highlights the relevant price range over the detected candles.
b) DBD (Dominant Break Down) Pattern
The DBD pattern signals bearish strength, where the market shows a dominant downward move.
Rules for DBD:
At least 5 candles are analyzed: the first 4 must be red (bearish candles), followed by 1 green (bullish) candle.
The open price of the fifth candle must:
Be lower than the closing prices of the 4 previous red candles.
Be higher than the close price of the last (current) candle.
Visualization for DBD:
Red triangle symbol is plotted above the DBD candle to indicate bearish strength.
A transparent orange box highlights the relevant price range over the detected candles.
3. How It Works
The script analyzes historical price data using the open, close, high, and low values for the last 5 candles. It applies mathematical conditions to check for the patterns:
Identifies whether the recent candles are predominantly bullish or bearish.
Checks whether the open price of the critical candle (fifth candle) satisfies specific criteria related to the previous candles.
When a pattern is detected, the script automatically:
Draws symbols (triangleup for DBU and triangledown for DBD) to indicate the pattern on the chart.
Draws a shaded box over the candle range to provide a clear visual highlight.
4. Benefits
Simplicity: Patterns are automatically detected and highlighted, saving time and effort for traders.
Versatility: Can be applied to any time frame or market (stocks, forex, crypto, etc.).
Actionable Insights: Helps traders spot potential reversal zones, trend continuations, or breakout opportunities.
5. Practical Usage
Add this script to your trading platform (e.g., TradingView).
Apply it to your preferred chart.
Look for the visual cues (triangles and shaded boxes) to identify DBU and DBD patterns.
Use these patterns in combination with other indicators or analysis techniques for better decision-making.
6. Limitations
It may generate false signals in choppy or low-volume markets.
Best used in trending markets or with confirmation from other indicators.
Traders should backtest and validate the script before relying on it in live trading.
By automating the detection of DBU and DBD patterns, this script is a powerful tool for traders who rely on candlestick analysis to make quick and informed decisions.
Williams POIV By King OsamaWilliams POIV Indicator
By King Osama
The Williams POIV (Price and Open Interest From COT Data) is a technical indicator designed to combine price movement with open interest data to provide valuable insights into market strength and sentiment. By integrating price changes and open interest (a measure of market participation), the indicator aims to detect shifts in market dynamics and highlight potential turning points.
The Williams POIV works by calculating the relationship between price changes and the true range, combined with open interest data, to generate a composite value that reflects the accumulation or distribution of market positions. This gives traders a deeper understanding of market trends and potential reversals.
Key Features:
Price and Open Interest Integration: Merges price movements with open interest data to assess market strength.
Market Sentiment Insights: Helps identify periods of accumulation or distribution, offering a clearer picture of market conditions.
Trend Analysis: Can be used to spot divergences and potential trend reversals.
This indicator is ideal for traders looking to analyze the interplay between price movements and open interest, offering enhanced insight into market trends and price action.
Trend Indicator with Valid Touches and Breaks by OriTrend Indicator with Valid Touches and Breaks. it shows a valid touch of the 21 sma and then a break of that candle that touched. Work in progress
Stochastic+RSIThis script combines stochastic rsi and rsi with overbought and oversold bands for RSI to better vizualize potential pivot or reversals points.
It also scans for potential divergences and pivots marked by arrows on RSI and try to predict the next movements (not super accurate on price movement prediction but it is what it is)
ARK LOGIC V1.4use heiken ashi candels and dont change anything
orange lines is SL and Blue is TP
now i tune this for BTCusdt binance
this part say to me i must write more instructions cause dont let me publushe this :)
hoof i dont have anything to say but i can say
CBA 6MA Cross Volume and Price AnalysisThis script does the following:
1.Defines and plots six moving averages (14, 21, 35, 50, 100, 200).
2.Detects MA "crossovers and crossunders" between any of the moving averages.
3.Calculates up and down volumes based on whether the closing price is above or below the opening price.
4.Compares the current volume, up volume, and down volume with their previous values.
5.Uses the price change to infer buying pressure (when price increases and up volume increases) and selling pressure (when price decreases and down volume increases).
6.Plots an "X" for buy pressure below the bar and an "O" for sell pressure above the bar.
Optimized ICT Buy and Sell SignalsI understand that you're seeing too many signals, which can make the strategy seem cluttered or overly reactive. To **optimize the strategy** and reduce the frequency of buy and sell signals, we can add a few improvements:
### Optimization Approach:
1. **Increase Lookback Periods**: By increasing the lookback periods for **Market Structure**, **Order Blocks**, and **FVGs**, we can make the strategy less sensitive to every little fluctuation and focus more on stronger trend shifts.
2. **Trend Confirmation with EMA**: Use the **EMA 9** as a trend filter. Only generate signals when the price is above the **EMA 9** for bullish signals and below the **EMA 9** for bearish signals.
3. **Limit Signals to Stronger Price Action**: For example, we can reduce the number of signals by requiring price to be closer to significant **order blocks** or **FVGs**, or only trigger signals when there is a **break of structure** (BoS) and confirmation of a trend reversal.
---
### Optimized Code
```pinescript
//@version=5
indicator("Optimized ICT Buy and Sell Signals", overlay=true)
// --- Input Parameters ---
emaLength = input.int(9, title="EMA Length")
fvgLookback = input.int(10, title="Fair Value Gap Lookback Period")
orderBlockLookback = input.int(30, title="Order Block Lookback Period")
minGapSize = input.float(0.5, title="Min Gap Size (FVG)") // Minimum gap size for FVG detection
// --- EMA 9 (for trend direction) ---
ema9 = ta.ema(close, emaLength)
plot(ema9, title="EMA 9", color=color.blue, linewidth=2)
// --- Market Structure (ICT) ---
// Identify Higher Highs (HH) and Higher Lows (HL) for Bullish Market Structure
hhCondition = high > ta.highest(high, orderBlockLookback) // Higher High
hlCondition = low > ta.lowest(low, orderBlockLookback) // Higher Low
isBullishStructure = hhCondition and hlCondition // Bullish Market Structure condition
// Identify Lower Highs (LH) and Lower Lows (LL) for Bearish Market Structure
lhCondition = high < ta.highest(high, orderBlockLookback) // Lower High
llCondition = low < ta.lowest(low, orderBlockLookback) // Lower Low
isBearishStructure = lhCondition and llCondition // Bearish Market Structure condition
// --- Order Blocks (ICT) ---
// Bullish Order Block (consolidation before upmove)
var float bullishOrderBlock = na
if isBullishStructure
bullishOrderBlock := ta.valuewhen(low == ta.lowest(low, orderBlockLookback), low, 0)
// Bearish Order Block (consolidation before downmove)
var float bearishOrderBlock = na
if isBearishStructure
bearishOrderBlock := ta.valuewhen(high == ta.highest(high, orderBlockLookback), high, 0)
// --- Fair Value Gap (FVG) ---
// Bullish Fair Value Gap (FVG): Gap between a down-close followed by an up-close
fvgBullish = (low < high ) and (high - low > minGapSize) // Bullish FVG condition with gap size filter
// Bearish Fair Value Gap (FVG): Gap between an up-close followed by a down-close
fvgBearish = (high > low ) and (high - low > minGapSize) // Bearish FVG condition with gap size filter
// --- Entry Conditions ---
// Buy Condition: Bullish Market Structure and Price touching a Bullish Order Block or FVG, and above EMA
longCondition = isBullishStructure and (close <= bullishOrderBlock or fvgBullish) and close > ema9
// Sell Condition: Bearish Market Structure and Price touching a Bearish Order Block or FVG, and below EMA
shortCondition = isBearishStructure and (close >= bearishOrderBlock or fvgBearish) and close < ema9
// --- Plot Buy and Sell Signals on the Chart ---
plotshape(series=longCondition, location=location.belowbar, color=color.green, style=shape.labelup, title="Buy Signal", text="BUY", size=size.small)
plotshape(series=shortCondition, location=location.abovebar, color=color.red, style=shape.labeldown, title="Sell Signal", text="SELL", size=size.small)
// --- Highlight Order Blocks ---
plot(bullishOrderBlock, color=color.green, linewidth=1, title="Bullish Order Block", style=plot.style_circles)
plot(bearishOrderBlock, color=color.red, linewidth=1, title="Bearish Order Block", style=plot.style_circles)
// --- Highlight Fair Value Gaps (FVG) ---
bgcolor(fvgBullish ? color.new(color.green, 90) : na, title="Bullish FVG", transp=90)
bgcolor(fvgBearish ? color.new(color.red, 90) : na, title="Bearish FVG", transp=90)
// --- Alerts ---
// Alert for Buy Signals
alertcondition(longCondition, title="Long Signal", message="Optimized ICT Buy Signal: Bullish structure, price touching bullish order block or FVG, and above EMA.")
// Alert for Sell Signals
alertcondition(shortCondition, title="Short Signal", message="Optimized ICT Sell Signal: Bearish structure, price touching bearish order block or FVG, and below EMA.")
```
### Key Optimizations:
1. **Increased Lookback Periods**:
- The `orderBlockLookback` has been increased to **30**. This allows for a larger window for identifying **order blocks** and **market structure** changes, reducing sensitivity to small price fluctuations.
- The `fvgLookback` has been increased to **10** to ensure that only larger price gaps are considered.
2. **Min Gap Size for FVG**:
- A new input parameter `minGapSize` has been introduced to **filter out small Fair Value Gaps (FVGs)**. This ensures that only significant gaps trigger buy or sell signals. The default value is **0.5** (you can adjust it as needed).
3. **EMA Filter**:
- Added a trend filter using the **EMA 9**. **Buy signals** are only triggered when the price is **above the EMA 9** (indicating an uptrend), and **sell signals** are only triggered when the price is **below the EMA 9** (indicating a downtrend).
- This helps reduce noise by confirming that signals are aligned with the broader market trend.
### How to Use:
1. **Apply the script** to your chart and observe the reduced number of buy and sell signals.
2. **Buy signals** will appear when:
- The price is in a **bullish market structure**.
- The price is near a **bullish order block** or filling a **bullish FVG**.
- The price is **above the EMA 9** (confirming an uptrend).
3. **Sell signals** will appear when:
- The price is in a **bearish market structure**.
- The price is near a **bearish order block** or filling a **bearish FVG**.
- The price is **below the EMA 9** (confirming a downtrend).
### Further Fine-Tuning:
- **Adjust Lookback Periods**: If you still find the signals too frequent or too few, you can tweak the `orderBlockLookback` or `fvgLookback` values further. Increasing them will give more weight to the larger market structures, reducing noise.
- **Test Different Timeframes**: This optimized version is still suited for lower timeframes like 15-minutes or 5-minutes but will also work on higher timeframes (1-hour, 4-hour, etc.). Test across different timeframes for better results.
- **Min Gap Size**: If you notice that the FVG condition is too restrictive or too lenient, adjust the `minGapSize` parameter.
### Conclusion:
This version of the strategy should give you fewer, more meaningful signals by focusing on larger market movements and confirming the trend direction with the **EMA 9**. If you find that the signals are still too frequent, feel free to further increase the lookback periods or tweak the FVG gap size.
Pattern Predictor & Future Price Estimatorit tells you the trend and the predict price i would only use it for finding the trend the future price predicator is not very accurate.
Combo_EMA, Fibonacci, Support/Resistance, Buy/Sell SignalsAuto Colored Ema
Fibonacci
Support and Resistance
Buy and Sell Signals
Buy/Sell Signals with 3 indicatorindikator yang menggabungkan rsi , ema , macd
Indikator yang telah kita buat menggabungkan tiga indikator teknikal populer: Exponential Moving Average (EMA), Relative Strength Index (RSI), dan Moving Average Convergence Divergence (MACD). Setiap indikator memiliki tujuan dan cara kerja yang berbeda, namun jika digabungkan, mereka dapat memberikan sinyal yang lebih kuat untuk keputusan trading.
Berikut adalah penjelasan dari setiap indikator yang digunakan dalam skrip tersebut:
1. Exponential Moving Average (EMA):
Tujuan: Menyaring fluktuasi harga jangka pendek dan memberikan gambaran tren harga yang lebih jelas.
Cara Kerja: EMA memberikan bobot lebih pada harga terbaru (lebih sensitif terhadap pergerakan harga saat ini) dibandingkan dengan Simple Moving Average (SMA) yang memberikan bobot yang sama pada semua data harga.
Dalam Skrip:
EMA Short: Digunakan untuk mengikuti pergerakan harga jangka pendek. Biasanya lebih sensitif terhadap pergerakan harga terbaru.
EMA Long: Digunakan untuk mengidentifikasi tren jangka panjang.
Sinyal:
Crossover: Ketika EMA Short (lebih cepat) melintasi ke atas EMA Long (lebih lambat), ini menandakan bahwa harga sedang mengalami momentum bullish (sinyal BUY).
Crossunder: Ketika EMA Short melintasi ke bawah EMA Long, ini menunjukkan bahwa harga kemungkinan sedang mengalami tren bearish (sinyal SELL).
2. Relative Strength Index (RSI):
Tujuan: Mengukur kekuatan relatif dan kelebihan beli atau jual dari harga berdasarkan pergerakan harga sebelumnya.
Cara Kerja: RSI mengukur perbandingan antara kenaikan harga rata-rata dan penurunan harga rata-rata selama periode tertentu. Hasilnya adalah angka yang berada dalam rentang 0 hingga 100.
Level-level Penting:
RSI > 70: Menandakan kondisi overbought, yang berarti harga mungkin sudah terlalu tinggi dan akan segera terkoreksi (sinyal SELL).
RSI < 30: Menandakan kondisi oversold, yang berarti harga mungkin terlalu rendah dan siap untuk naik (sinyal BUY).
Dalam Skrip:
Sinyal BUY terjadi ketika RSI berada di bawah level oversold (misalnya, di bawah 30).
Sinyal SELL terjadi ketika RSI berada di atas level overbought (misalnya, di atas 70).
3. Moving Average Convergence Divergence (MACD):
Tujuan: Menunjukkan hubungan antara dua Exponential Moving Averages (EMA) dan memberikan gambaran tentang kekuatan serta arah tren harga.
Cara Kerja:
MACD Line adalah selisih antara EMA Fast (lebih cepat) dan EMA Slow (lebih lambat).
Signal Line adalah EMA dari MACD Line itu sendiri.
Histogram menunjukkan perbedaan antara MACD Line dan Signal Line. Ketika MACD Line berada di atas Signal Line, ini menunjukkan momentum bullish. Sebaliknya, ketika MACD Line berada di bawah Signal Line, ini menunjukkan momentum bearish.
Dalam Skrip:
Sinyal BUY terjadi ketika MACD Line melintasi ke atas Signal Line, yang menunjukkan bahwa momentum harga sedang bullish.
Sinyal SELL terjadi ketika MACD Line melintasi ke bawah Signal Line, yang menunjukkan momentum harga sedang bearish.
Cara Kerja Indikator Secara Bersamaan:
Sinyal Buy (Beli):
Crossover EMA: Ketika EMA Short melintasi EMA Long dari bawah ke atas, ini menunjukkan bahwa harga mulai bergerak ke arah tren bullish.
RSI Oversold: Ketika RSI di bawah level oversold (misalnya, di bawah 30), ini menunjukkan bahwa harga sudah terlalu rendah dan bisa segera berbalik naik.
MACD Bullish: Ketika MACD Line melintasi ke atas Signal Line, ini menunjukkan bahwa momentum pergerakan harga cenderung ke arah atas.
Sinyal Sell (Jual):
Crossunder EMA: Ketika EMA Short melintasi EMA Long dari atas ke bawah, ini menunjukkan bahwa harga mulai bergerak ke arah tren bearish.
RSI Overbought: Ketika RSI di atas level overbought (misalnya, di atas 70), ini menunjukkan bahwa harga sudah terlalu tinggi dan bisa segera terkoreksi.
MACD Bearish: Ketika MACD Line melintasi ke bawah Signal Line, ini menunjukkan bahwa momentum pergerakan harga cenderung ke arah bawah.
Rangkuman:
EMA digunakan untuk mendeteksi tren jangka panjang dan pendek.
RSI digunakan untuk mengukur apakah pasar sedang jenuh beli (overbought) atau jenuh jual (oversold).
MACD digunakan untuk mengukur kekuatan momentum dan arah tren.
Kombinasi ketiga indikator ini memungkinkan kita untuk mencari konfirmasi yang lebih kuat mengenai apakah kita berada dalam kondisi pasar yang siap untuk BUY atau SELL.
Stochastic DivergenceStochastic Divergence (Boğa ve Ayı Sapmaları) Göstergesi
Bu gösterge, Stokastik Osilatör'ü kullanarak boğa (bullish) ve ayı (bearish) sapmalarını tespit etmek için tasarlanmıştır. Özellikle fiyat hareketlerini analiz ederken destekleyici bir araç olarak kullanılabilir.
Özellikler:
Boğa Sapması: Fiyat yeni bir düşük seviyeye ulaşırken, Stokastik Osilatör daha yüksek bir düşük yapar. Bu, yükseliş potansiyeline işaret eder ve grafikte yeşil bir zemin ile gösterilir.
Ayı Sapması: Fiyat yeni bir yüksek seviyeye ulaşırken, Stokastik Osilatör daha düşük bir yüksek yapar. Bu, düşüş potansiyeline işaret eder ve grafikte kırmızı bir zemin ile gösterilir.
Sinyaller, fiyat hareketindeki olası trend dönüşlerini vurgulamak için çapraz işaretler (xcross) ile işaretlenmiştir.
Görselleştirme için Stokastik K çizgisi, nötr çizgi ve renkli zeminlerle desteklenmiştir.
Kullanım Önerileri:
Destek/Direnç Seviyeleri ile Kombine Edin: Gösterge, yalnızca sapma tespiti yapar. Doğruluğu artırmak için destek ve direnç seviyeleriyle birlikte kullanabilirsiniz.
Diğer Göstergelerle Birleştirin: Örneğin, RSI veya MACD gibi göstergelerle destekleyerek daha güvenilir sinyaller elde edebilirsiniz.
Risk Yönetimi: Göstergeyi kullanırken mutlaka uygun risk yönetimi stratejileri uygulayın.
Görselleştirme:
Yeşil Zemin: Boğa sapması (bullish divergence) sinyali.
Kırmızı Zemin: Ayı sapması (bearish divergence) sinyali.
Çapraz işaretler, sapma noktalarını görsel olarak vurgular.
Kısaca Neden Bu Gösterge?
Fiyat hareketlerindeki gizli veya belirgin sapmaları tespit ederek yatırımcıların daha bilinçli kararlar almasına yardımcı olur. Hem yeni başlayanlar hem de deneyimli trader'lar için uygundur.
Sorumluluk Reddi:
Bu gösterge yalnızca eğitim amaçlıdır ve yatırım tavsiyesi değildir. Lütfen yatırımlarınızda kendi analizlerinizi ve risk yönetimi stratejilerinizi kullanmayı unutmayın.
Accurate Buy/Sell Signals PingitIndikator yang Digunakan:
EMA: Untuk menentukan tren.
RSI: Untuk mendeteksi kondisi overbought/oversold.
MACD: Untuk mengonfirmasi momentum.
Sinyal Buy:
EMA jangka pendek (10) memotong ke atas EMA jangka panjang (50).
RSI berada di bawah level oversold (30).
MACD Line berada di atas Signal Line.
Sinyal Sell:
EMA jangka pendek memotong ke bawah EMA jangka panjang.
RSI berada di atas level overbought (70).
MACD Line berada di bawah Signal Line.
CPR - EMA 21/64/100/200/300 VWAP 3 ST NagaCPR 5 EMA 3 ST VWP -- NAGA
TIS is having cpr with 3 s1 s2 s3 and r1 r2 r3 and vwap and 3 super trends and 5 emas ema 21 ema 64 ema 100 ema 200 ema300
JJ Highlight Time Ranges with First 5 Minutes and LabelsTo effectively use this Pine Script as a day trader , here’s how the various elements can help you manage trades, track time sessions, and monitor price movements:
Key Components for a Day Trader:
1. First 5-Minute Highlight:
- Purpose: Day traders often rely on the first 5 minutes of the trading session to gauge market sentiment, watch for opening price gaps, or plan entries. This script draws a horizontal line at the high or low of the first 5 minutes, which can act as a key level for the rest of the day.
- How to Use: If the price breaks above or below the first 5-minute line, it can signal momentum. You might enter a long position if the price breaks above the first 5-minute high or a short if it breaks below the first 5-minute low.
2. Session Time Highlights:
- Morning Session (9:15–10:30 AM): The market often shows its strongest price action during the first hour of trading. This session is highlighted in yellow. You can use this highlight to focus on the most volatile period, as this is when large institutional moves tend to occur.
- Afternoon Session (12:30–2:55 PM): The blue highlight helps you track the mid-afternoon session, where liquidity may decrease, and price action can sometimes be choppier. Day traders should be more cautious during this period.
- How to Use: By highlighting these key times, you can:
- Focus on key breakouts during the morning session.
- Be more conservative in your trades during the afternoon, as market volatility may drop.
3. Dynamic Labels:
- Top/Bottom Positioning: The script places labels dynamically based on the selected position (Top or Bottom). This allows you to quickly glance at the session's start and identify where you are in terms of time.
- How to Use: Use these labels to remind yourself when major time segments (morning or afternoon) begin. You can adjust your trading strategy depending on the session, e.g., being more aggressive in the morning and more cautious in the afternoon.
Trading Strategy Suggestions:
1. Momentum Trades:
- After the first 5 minutes, use the high/low of that period to set up breakout trades.
- Long Entry: If the price breaks the high of the first 5 minutes (especially if there's a strong trend).
- Short Entry: If the price breaks the low of the first 5 minutes, signaling a potential downtrend.
2. Session-Based Strategy:
- Morning Session (9:15–10:30 AM):
- Look for strong breakout patterns such as support/resistance levels, moving average crossovers, or candlestick patterns (like engulfing candles or pin bars).
- This is a high liquidity period, making it ideal for executing quick trades.
- Afternoon Session (12:30–2:55 PM):
- The market tends to consolidate or show less volatility. Scalping and mean-reversion strategies work better here.
- Avoid chasing big moves unless you see a clear breakout in either direction.
3. Support and Resistance:
- The first 5-minute high/low often acts as a key support or resistance level for the rest of the day. If the price holds above or below this level, it’s an indication of trend continuation.
4. Breakout Confirmation:
- Look for breakouts from the highlighted session time ranges (e.g., 9:15 AM–10:30 AM or 12:30 PM–2:55 PM).
- If a breakout happens during a key time window, combine that with other technical indicators like volume spikes , RSI , or MACD for confirmation.
---
Example Day Trader Usage:
1. First 5 Minutes Strategy: After the market opens at 9:15 AM, watch the price action for the first 5 minutes. The high and low of these 5 minutes are critical levels. If the price breaks above the high of the first 5 minutes, it might indicate a strong bullish trend for the day. Conversely, breaking below the low may suggest bearish movement.
2. Morning Session: After the first 5 minutes, focus on the **9:15 AM–10:30 AM** window. During this time, look for breakout setups at key support/resistance levels, especially when paired with high volume or momentum indicators. This is when many institutions make large trades, so price action tends to be more volatile and predictable.
3. Afternoon Session: From 12:30 PM–2:55 PM, the market might experience lower volatility, making it ideal for scalping or range-bound strategies. You could look for reversals or fading strategies if the market becomes too quiet.
Conclusion:
As a day trader, you can use this script to:
- Track and react to key price levels during the first 5 minutes.
- Focus on high volatility in the morning session (9:15–10:30 AM) and **be cautious** during the afternoon.
- Use session-based timing to adjust your strategies based on the time of day.
Multi straddleA straddle with Bollinger Bands combines an options trading strategy and a technical indicator for better analysis.
The Bollinger Bands overlay the combined premium (call + put prices), providing insights into volatility.
This setup allows traders to monitor breakouts or contractions in the total premium, aiding in decision-making for entry, exit, or risk management.
Harmonic Pattern with WPR Strategy This strategy uses Harmonic Patterns like Gartley, Bat, Crab and Butterfly along with William Percent Range to enter/exit trade
Works best on XAUUSD (specially on smaller time frames)
Can be used for scalping
Soheil PKO Strat Ind [RMont]Indicator strategy based on Youtuber Soheil PKO's strategy of BigBeluga's Frama Channel and Range Filter Buy and Sell 5m indicators.
This is the indicator version. I will publish the strategy version later.
SPANISH VERSION:
Estrategia en Indicador basada en la estrategia del Youtuber Soheil PKO de los indicadores Frama Channel de BigBeluga y de Range Filter Buy and Sell 5m.
Esta es la version indicador.
