Smart Money Concepts(v0.01) - SoldiSmart Money Concepts
We are very pleased to be releasing our latest addition to the Soldi tools, called Smart Money Concepts. What this indicator was built to be is a guideline and tool to help a trader develop the mental mind state of a Smart Money Trader. Picking up on the digital footprints that they might have missed! This is our first iteration of this tool but we have so so much more coming to bring to this tool! So much that we might need to release 2 scripts to be able to efficiently fit it all in. As always Soldi/MMCFX always try to raise the bar on what is possible with PineScript and what advanced concepts we can bring to the retail market with ease, this project was insanely fun trying to get together and we spent a lot of months talking with and doing sessions with very well versed traders who only specialize and solely trade live with Smart Money/ICT Concepts. After many months of talking with and working with these traders we believe we have put together a very unique tool that any SMC trader would love to have in their tool belt.
What is Smart Money Concepts?
Smart Money Concepts (SMC) is the practice of trying to track the digital footprints left by Market Makers and large money traders like Institutional bodies and brokers. I believe this concept was originally developed by Inner Circle Trading (ICT), who has some great great content for free on YouTube. To my knowledge he was the father of the concepts being taken mainstream to retail individuals. Since then, there has been many other who have released content on these theories. For the sake of congruency we have only developed these tools based off the knowledge and practices taught by ICT.
What is Included within this tool?
What is currently Included with this tool are the following.
Market Structure - This includes Break of Structures (BOS) and Change of Characters (CHoCH), It was really important for us to define the different shifts that SMC traders track and follow so we built a unique customizable system that allows the traders to track these Market Structure shifts in real-time. Part of this module includes the option to plot the High/Low labels, by putting this settings on you will mark out the swing points as their respective Higher High(HH), High Low(HL), Lower Low(LL) and Lower High(LH) . This feature is a great way to help familiarize yourself with spotting these instances, there is a slight lag due to the nature of the calculations for tracking the Swing Points. By default we track 4 left bars and 4 right bars, on the 5th bar if the swing point returns true you will see the label plot itself. If you have a higher bar count you will need to wait till x+1 to see the label be plotted. eg. 7 bar count on the left and right, you will need to wait till the 8th bar to see the label be plotted.
By changing the bar counts you also change how the Market Structure module picks up the Market shifts (BOS/CHoCH)
4 bar left, 4 bar right example:
7 bar left, 7 bar right example:
Liquidity Sweep - This part of the Market Structure module is still being worked on and built out, this feature is meant to help a trader identify potential liquidity sweeps that have taken place past or present by switching the bar color to the user defined color (default yellow). There are many different types of liquidity sweeps that can take place and we are still working on the different profiles of these! More profiles will be added to the the updates in the future to help identify these potential trade areas
Liquidity Sweep example:
Trend Bars - This part of the Market Structure module helps traders identify structure trends based on the breaks of existing structure. Again this will shift as you play with the bar count settings, low bar count will identify faster swing points and shifts where as higher bar counts will identify longer term structures. By having this setting on it will change the bar colors to Red(Bearish) or Blue(Bullish) by default, we recommend to change your candles border settings to make this more visible.
7 bar left, 7 bar right. With High Low Labels and Trend Bars
Fair Value Gaps - This module will track the Fair Value Gaps and Imbalances that will take place in real-time. Once the final candle closes it will plot the FVG. Unlike other FVG indicators on TradingView we hold and store ALL the FVG's that take place, other indicators will only hold on to x amount of the FVG's and as new ones enter the list the old ones get bumped out. We didn't like this idea, so what we did was instead store all of the FVG's but create a threshold to where they would be plotted, eg. if you set the threshold to 4% it will only show you the FVG's within a 4% range from the current price. This way you still have access to all the data with out compromising but it helps you focus on the current data at hand.
Fair Value Gap/Imbalance - 3% threshold example
Fair Value Gap/Imbalance - 8% threshold example
Order Blocks - This was an especially interesting module to build, just like the FVG's we found that a lot if not all the authors on TradingView haven't actually been coming close to tracking and plotting true ICT style Order blocks. We set out to change that though, again through a unique approach we have built this Order Block indicator. To also comment on the other scripts out there that claim to track Order Blocks, not a SINGLE script mentions anything about Validated Order Blocks , which was especially important to all the SMC traders I have talked to and had help from building this indicator. Just like the FVG piece this also has a 'threshold' plot, but not only that it gives you the option to look at "No Validation" and "Validated" Order Blocks. With soon another style of Validation to choose from. If you choose the "Validated" option the script will actively seek Order Blocks that have a POI/liquidity sitting above it. I also want to make it clear that based on your bar count settings the order blocks will differ, as they are also based from structure breaks!
Order Blocks with "No Validation" example
Order Blocks with "Validation" example
Advanced Session Tracking - We always seek to out do what has been done and what we have already done, that being said we built our Advanced Session Tracking module to follow each user define Session's Open, High, Low, Close, Liquidity threshold and extend that into the next session . As per our last KillZone indicator we also included the Forward Plotting feature which will plot the defined sessions 24 hours in advance vs only showing you real time. Many if not all Session tracking tools on TradingView only show you real-time and in the past when the define sessions are but we find that to be a very silly practice because as SMC traders you know how important it is the relation between time and price. Instead of reacting to the sessions you and prepare for the sessions ahead of time anticipating when price might react to time.
note: There is a small bug with tracking the crypto based sessions, this is working to be fixed for the next update, check the release notes to see when the fix occurs
Session Background plots with forward plotting example
Session Backgrounds with High/Lows and Liquidity range example
What is to come with the updates?
We are always looking to improve anything, even if it is just a fraction better. That is why we are continuing to work with our SMC traders to refine the concepts, profiles, coding as well as the logic behind the calculations.
Here is a list of what we are planning and working on to be released in the updates to come!
Intra-Day Profiling - Each day has a profile, what we want to achieve is to track and predict these profiles
Liquidity Scanner - There are different types of liquidity that form and we want to be able to find and track these
Smart Trend Alerts - We want to combine quant methods into SMC to provide high probability trade ideas
User Suggestions - We are always open to work with the community to bring features they want
If it's not Soldi, it isn't money
Liquidity
Jimmy's Dikfat DaytraderThis Day Trading Indicator applies the use of multiple techniques designed to maximize profits and trade success probability while utilizing proprietary mathematical techniques to calculate specific high probability Pivot Points, Break of Structure, Supply and Demand, previous days High and Low, Liquidity Hunts, Dynamic Trend Lines and Fibonacci Discount Zones. The combination of these techniques combined with unique mathematical calculation & variance allow the user to make an informed analysis to take high probability trades by exposing Market Maker discount zones and highlight smart money purchasing.
Pivot Points: A traditional pivot point is described as an individual candle high that is higher than the previous two candles to the left and forward two candles to the right. Likewise a pivot is also an individual candle low that is lower than the previous two candles to the left and forward two candles to the right. In this indicator standard pivots are highlighted as yellow and white candles. Yellow candles are High or Top Pivots; White Candles are Low or Bottom Pivots. The number of pivots checked for either left or right or both can be changed in the settings. Increasing this value will add more pivot points to the chart, decreasing this value will add less. It is recommended to change values left and right with the same number.
Note: In this study, all traditional pivots will be highlighted by yellow or white for the advanced user, but not all pivot markers will highlight all pivots for the purposes of identifying a high probability trade.
Break of Structure: Break of structure occurs when current price drops below or likewise rises above a pivot point. For the purposes of this study, a break of structure tag will appear over a previous pivot tag ONLY when there is a candle close below or above the previous pivot for the purposes of identifying liquidity hunts and high probability trades. As you will note in the example chart, break of structure is used to determine not only trend but high probability trade areas by identifying market structure. Unbroken pivot highs or lows can be used to take trades, with a stop below the low (or above the high) of the unbroken pivot candle. BOS (Break of Structure) Tags will effectively show where market participants do not want to take a trade and be chopped up in a market that is trending only 30% of the time. BOS also gives future indication of where the Market Makers are taking price action. Breaks of structure in a particular direction typically indicate a continuation of price action in that direction. Trade opportunities occur after the pullback in the opposite direction of break of structure. This highlights areas traders can take on the pullback, in the direction of structure breaks, typically on unbroken pivots.
Note: In this study, not all BOS (Break of Structure) markers will highlight all breaks of structure for the purposes of identifying a high probability trade. Some very few examples of structure is not marked as broken to assist in identifying Liquidity Hunts.
Liquidity Hunt: A Liquidity Hunt is where price action moves in the opposite direction of an intended move (typically with high magnitude and velocity) to gather "Liquidity" and trigger stops created by traders caught in the break of structure zone. Any unbroken pivot is a relevant area of Liquidity. Some of the High probability areas of Liquidity will be found at Equal (or near equal) Lows or Equal High pivots. Current areas of Liquidity are marked on the chart as an Aqua (Light Blue) Background line that extends right infinitely. Once Liquidity has been taken at one of these lines, the Line will "Break" And stop displaying forward. The number of pivots calculated specifically for break of structure and Liquidity Hunts can be changed under the Liquidity Hunt setting. Much like with pivots, it is recommended to change these numbers with the same value for best results.
Due to the complexity of the math, Some liquidity pivots will only confirm and display a pivot tag after twice the candles defined have been found to the left and right under liquidity hunt settings, and some will display after the exact number specified in settings. As noted previous some will not display at all due to the high probability nature of this indicator and having been found as a "cluster" in the Supply and Demand Boxes.
Supply and Demand Boxes: Supply and Demand boxes will be created when a specific number of pivots are found in succession or in a "cluster" and a box will be drawn from the current grouping of pivots, first pivot high to the nearest pivot low in the cluster. This unique style of supply and demand box drawing has been proven to be an effective identifier of buying and selling in the price action, or likewise support or resistance upon return to these boxes. The boxes were specifically designed to identify high probability areas of Supply and Demand and are more likely to be areas of high probability buying and selling. Supply is when price action moves into or creates an area where sellers are waiting. Demand is when price action moves into or creates an area where Buyers are waiting. When price action creates a box, the box will remain Neutral with a white color while Price action remains within the box. This box will turn Red or into a Supply Box, when price action drops below the box boundaries. The box will likewise turn Green or into a Demand Box, when price action rises above the box boundaries. Any return to a colored box from the direction it was created could be anticipated as a retracement to continue in the direction of price action indicated by the box.
In the settings boxes can be extended to the current bar right to show previous areas of supply and demand, or can be left "Truncated" or in box form as a highlighter for cluster analysis.
Previous Days High and Low: The previous days High and low will be displayed on the current day as a magenta line. Some traders use these lines to anticipate price action on the day compared to where price action is moving relative to the previous day. Historical Magenta lines are also the marked on a specific day, for the previous days High and low. Historical Lines can be turned off by reducing Opacity of the setting to Zero, leaving only the previous days high and low on the current day.
Dynamic Trend Lines: Trend Lines will be created automatically that will connect unbroken pivots and extend right, highlighting the current trend. (Coming Soon™️)
Fibonacci Discount Zone: The Fibonacci Discount Zone can be found by measuring an unbroken pivot High or Low, that breaks structure left to create a new High or Low. When structure is broken and price begins a retracement before moving back in the direction of the broken structure, the retracement is typically back into the "Discount Zone" between the 618 and 786 Fibonacci zone. This zone will be automatically plotted as a light grey box in the background of the chart. (Coming Soon™️)
Liquidity_Zone by SebasVentuLiquidity_Zone by SebasVentu It is a strategy that shows the liquidity zones and also has a simulator
Es una estrategia que muestra las zonas de liquidez y ademas cuenta con un simulador
Makuchaku's trading tools - Liquidity visualizerThis indicator plots those pivots/fractals which have not been taken out by price, whereby showing where are the clusters of highs/lows where stop orders (or liquidity) could be hiding.
This is a fantastic tool for taking reversal trades.
Liquidity RaidThe market always seeks liquidity. Liquidity rests above previous highs and below previous lows.
The script highlights the breach of a market structure high or low (W/D/4H/1H), and will alert you on the first fractal break in the opposite direction.
The idea is that the raid happens, and you are only alerted once a candle breaks a fractal and closes in the opposite direction.
When a signal is printed, it does not mean to enter immediately. It just means that there is a fractal break in the opposite direction, and that you will need to assess current price action and market structure for a potential trade on pullback.
You still need to take HTF directional bias, market structure, order blocks and imbalances into consideration.
The script is for trading on on smaller time frames (1/2/3/5m).
Fractal periods, lines and colours are all customizable
Impermanent Loss TrackerThe indicator helps to track the percentage loss/gain of the quantity of the asset as a result of LP rebalancing due to price changes.
Calculations are based on the common AMM equation x * y = k.
This is the initial version of the indicator. It is certainly a subject to further improvement. If you have any suggestions send them here at andmax071@gmail.com.
Thank you for trying this out.
MarketReader_StrategyMarketReader_Strategy is a very useful and advanced indicator:
- It draws buying (green) and selling (orange) zone .
-Once the buying or selling zone is tapped, the color is automatically changed to grey
-It shows liquidity pool ($$$) engineered by market behaviour
Buying or selling area are determined by an algorithm that combines volume profile, Elliott Wave principles and order flow delivery .
On the above example:
At “1” , you can see that the first buying zone is drawn since January 12
At “2” , the buying zone is tapped on January 18 with a strong bullish reaction.
At “3” and “3’” , you can see that liquidity pool has been created by market maker on both buying and selling side. It is typical of market behavior.
Market maker will take the downside liquidity by targeting the buying zone and then reverse (to the upside) targeting the upside liquidity pool that fuel the pump to the selling zone “4” . This selling zone is reached at “5” with a strong bearish reaction.
“6” represent active buying zone, waiting to be tapped.
To buy or take profit on these areas will depend on market behavior on the way down. Does the market engineer liquidity before? We use 2 complementary indicators helping us to take position on these areas but feel free to experiment with your own.
Usually, I wait price comes to selling or buying zone, then I go on lower timeframe (15 to 30 times lower) searching for divergences and convergences on Momemtum reader (also available on tradingview)
This indicator does not repaint and works on Forex, Crypto, Indices, Commodities and stock.
Demand & Supply Zones [eyes20xx]Demand & Supply Zones
This indicator helps to identify large moves driven by institutions.
What qualifies as a zone?
If the price moves (open to close) by more than a certain % in one candle or in a bullish / bearish run of candles, the zone is marked as a Demand or Supply zone .
0.8% is good for Crypto and Forex might be better with 0.4%. Play around with the % to match your requirements.
Active zones
A zone remains active until it is hit by the price. When it becomes inactive, the zone background becomes transparent.
Zone lines
Lines are displayed if the zone is active and within a certain % of the close. 3% is a good setting for Crypto.
A maximum of two lines are displayed for each zone type.
FX Sessions - All in OneFX Sessions - All In One
This Script offer a wide variety of goodies
SESSION OPEN
it will draw a line for the TOP, MID and LOW of the asian session (you can adjust the hours of the session)
It will draw a line for the TOP and LOW of the London Session (you can adjust the hours of the session)
It will draw a line for the TOP and LOW of the NY Session (you can adjust the hours of the session)
SEPARATORS
while on lower timeframe, you will have a separator for days that occurs at midnight NY time
While on Daily timeframe, you will have a separator that will separate every month, on the 1st trading day of that given month
IMBALANCE
The candle leaving imbalance (a candle where there is a portion that is not matched with a price action left or right)
NY Midnight opening price
a dotted line will be drawn (up to 500 bar limitation) from NY open until it reaches either the 500 bar or the end of the day.
on lower timeframe (below 3 minutes) the bar will not reach the end of the day
Ticker SummaryTicker Summary provides at-a-glance summary information about a ticker near the current bar on the chart:
P/E ratio
Fwd P/E ratio
PEG ratio
Floating shares vs. total shares outstanding
% of trading volume that was short over the last 3 days
Average True Range (ATR) over last 14 days
There are a few less common items of information:
How many ATR multiples the ATR is extended over the last 10 bars. This gives an idea of how far the stock is currently extended.
"R-frequency", explained below.
An optional "ATR Reticule" is shown near the price. This is useful for traders that use ATR as a guideline for price targets and stop losses. On the left is the # of ATRs the stock is currently above the session open. On the right is the # of ATRs the stock is extended above the 10-bar moving average.
R-frequency: a measure of liquidity relevant to your own trading size. It is the frequency at which 1-R of your trading account is traded for a stock. Formula:
(1-R worth of shares) / (average dollar value traded per second), where:
"1-R worth of shares" is how many shares you would buy for a stop loss of -1 ATR, with max risk dollar value based on the Balance and Max Risk % indicator options.
"Average dollar value traded per second" is the 14-day average of (avg(high, low and close) * daily volume)
R-frequency of a second or less is very liquid. If the value is higher (for example, over 60 seconds) the stock is less liquid and you may have some trouble filling limit orders quickly.
Bybit Calculator Liquidation levelsThis script uses the bybit liquidation calculator method to identify liquidation levels.
Given an entry price and a leverage, the calculator will give you a liquidation price. Those liquidation prices are displayed by this script.
It saves some time as we avoid asking the calculator the liquidation prices for the main leverage multipliers once.
These levels could be used to identify liquidations wicks. As we approach levels, traders that don't use stop loss will be liquidated and create a larger move through these levels. I personally set the entry price to be a large volume node and that seems to somewhat predict interesting levels to watch for (but use at your own risk)
Example:
- pair: BTC/USDT
- margin mode: isolated
- position: long
- leverage: x50
- entry price: 33640
- quantity: irrelevant for isolated
-> the calculator gives a liquidation price of 33135.4 USDT, this level is displayed below entry price with a x50 annotation
Volumetric colored candles with matching pivot point linesCandles are split into 10 categories based on their volume, and can be changed in the options. By default and in the images, white is very high volume, reds are high volume, yellows are medium volume, greens are low and dark-grey is very low.
Adjustments for scale are included in the options. The Magnitude option is a 10x multiplier, so 1=10, 2=100, 3=1000, etc., up to 9. There is also a Multiplier selection option where 1=1, 2=2, 3=3, 4=4, etc.
To attenuate for a given chart, these multipliers will need to be changed. In general, all white means you need to increase the Magnitude and all dark-grey means you need to decrease the magnitude. Somewhere between those two, the Multiplier can be used for further calibration. All this color coating is relational, like a spectrum. As you adjust you will see them maintaining their proportions as the candles switch color (ex. green become yellow while yellow becomes red).
I have also included pivot lines that follow the same logic for color coding. Two options exist for adjusting the pivot high and pivot low points respectively. They do not always correspond to the exact color of the candle producing them, but they should be a rough average (ie. red and green bars making yellow lines). They make for good indicators of how much liquidity may be at a certain support/resistance level. The lines can also be turned off altogether.
If your candles aren't looking right, go to settings of both regular candles and heikin-ashi, and uncheck both border and wick.
I still have some code to clean up and I plan on expanding upon this study. If you like my work consider tipping!
Ravih Pro Momentum BreakoutThis is a Momentum Breakout Strategy on “DAILY Timeframe”
This Breakout Strategy is specially created for Momentum Traders and for Bursa Market. The learning applied here are derived from past market behavioural approach. It takes into account of recent strength of price action and volume.
However, it can be applied for other Exchanges as well; as long as the stock is active with unusual volume.
The Momentum Set-Ups Script is designed for Short Term traders as in 3 to 60 Trading Days holding period or unless and until Exit Signal appears. Sometimes it could extend longer depending on the pace of the Momentum.
It also caters the aggressive traders as in Buy Today Sell Tomorrow/Today (BTST) and Fast in Fast Out (FIFO). These are traders...usually looking for 5% to 7% or 12% gain in a short span of time. However, do take note; momentum stocks are explosive in their moves. Therefore one could maximise the Gain Ride until Exit/Sell Signal appears.
The Script provides you the best High-Probability Profitable Set-Up Entry. The system identifies the stock/s in action Right Now. It is a powerful strategy for trading both Fast and Slow Momentum Stocks.
The Momentum Script is built around 3 Primary Factors namely…
1. Volume
2. Price Action
3. Time
And 2 Secondary Factors namely…
1. Volatility
2. Liquidity
Buy Exit/Sell Arrows are triggered based on last candle bar closed. It plots automatically.
For Long
Light Blue Up Triangle denotes Buy at the Closing Price. Entry Price is Closing Price or with + or – 2% tolerance for the following market day.
For Exit/Sell
Orange Down Triangle denotes Exit to close any remaining position to free up capital. Or...
Red Down Triangle denotes Exit to close any remaining position to free up capital.
Either one of the arrow is Final.
For Setting Up Alerts
The user has the option to Setup Alerts for chart signals that is…for Long and for Exit/Sell.
For Demonstrative purpose...
I have on purpose chosen an O&G counter from a Cold Sector from MYX. This is a time of Pandemic. Therefore, choosing Technology or Glove and Healthcare Sectors would definitely reflect good performance. The idea here is to demonstrate that the Momentum Strategy application works on all market conditions anytime of the year.
Remember...
This strategy is only built for stocks. It is Not for Indices neither for any other financial instruments.
No SHORT signals in this strategy.
Tel Aviv LevelsSimple script that calculates static support/resistance levels for potential price reversals using a calculation for predicting liquidity from a base price, use in confluence with other technical analysis tools.
DM me on tradingview for access.
[A618] Liquidity Based RSI CandlesWhat is Liquidity Based RSI Candles
We all know markets and market makers work over liquidity concepts, Liquidity is what makes market cyclic and drives it!
The aim of this experimental Indicator is to identify the liquidation points and levels where the big players are actually playing, and conjure it by plotting over RSI Candles.
RSI Candles shows RSI indicator of period 13, in candlestick format
When you’re trading financial markets, liquidity needs to be considered before every position is opened or closed. This is because a lack and increase of liquidity is often associated with increased risk.
You need to be able to put probabilities in your favour, understanding liquidity levels in the market is always a good to know thing for one to judge / estimate whether the market is behaving according to the analysis or not.
How to use this Indicator
Red lines/ Area is high Liquidity Regions
Yellow lines/ Area is above average Liquidity Regions
Other lines(dotted) (blue/gray) are liquidity based Support and Resistances
**middle band which you see is the VWAP of RSI(High and Low)
Use it similar to how you use support and resistance breakouts/breakdowns
Where can I use this indicator
The indicator can be used over and Liquid security may it be Stocks, Forex, Bitcoins etc.
The ideal timeframes include 1m, 3m, 5m, 10m, 15m, 30m, 1H
How can you get this Indicator
Just do a private message to me. Please use comment box for only constructive Comments
[A618] Liquidity Tracker and Iceberg Detector V2 ProIntroduction
We all know markets and market makers work over liquidity concepts, Liquidity is what makes market cyclic and drives it!
The aim of this experimental Indicator is to identify the liquidation points and levels where the big players are actually playing.
When you’re trading financial markets, liquidity needs to be considered before every position is opened or closed. This is because a lack and increase of liquidity is often associated with increased risk.
You need to be able to put probabilities in your favour, understanding liquidity levels in the market is always a good to know thing for one to judge / estimate whether the market is behaving according to the analysis or not.
How Can you Get this Indicator
Just send me up a private message, (Please use comment box only for constructive comments, and community improvement)
What are icebergs
If you see the DOM data, you will see lots of orders on both side (buyers/sellers), Its just the tip of the iceberg that we are able to see in the order flow, the aim of the iceberg detection concept over here is to estimate when a large order is executed and in what direction.
What is the Use of Trendlines
Trendlines basic configuration is 50 back pivot levels, you can also configure it to 20, 10 depending on how fast you wanna track things
Use trendlines to detect the icebergs happening above and below it conjure it with your study.
Provision for Alerts
You can configure alerts over iceberg detection
Which market it will work and on what timeframes
This indicator will work for any liquid market,
Stocks, forex, Bitcoins etc
Since the order flow dynamics remains pretty much the same everywhere,
For efficient utilisation, use these timeframes
15s, 30s, 1 min, 3 min, 5 min, 15 min, 30 min, 1Hr
Average Trading Volume ValueCalculates Average Trading Volume and uses mark price to convert it between base/quote currencies
PT LiquidityVersion 1.0 of our Liquidity indicator helps determine areas where price might gravitate to fill liquidations. We have six levels of interest, broken down into three levels for shorts (highlighted in red) & three levels for longs (highlighted in green). Each level is labeled 25x, 50x, 100x. We added a cloud for a visual to assist in short/long liquidation zones. You want to be taking short setups at the top of the cloud when shorts get squeezed & taking long setups at the bottom of the cloud when longs get squeezed. The indicator has a proprietary formula that allows the levels to change based on volume and time frames. The levels are generated in real-time with a rolling VWMA.
Strategy:
If you are scalping, price tends to ping pong between the 50x & 100x longs (green) to 50x & 100x shorts (red). If we shift outside that zone, consider the trend to have changed. Look at a higher time frame (12h+) for trend direction. Price usually reverses when the daily takes all three liquidation levels. You want to see a strong reaction (wick) once we tap that last liquidation level.
This Oscillator was built around our buy sell indicator & it is used on all time frames for swinging & scalping. It is included as part of the library. Just message us for access!
NYCOB Kill ZoneThis script plots the H and L of the first 2 hours of the NYC session and shades the space between in which i deem the NYC Order Block
It also maps out the First two hours on the chart as well so you can understand when the OB has formed
Over the past 3 years of trading cryptocurrency i have noticed a phenomena that has occurred nearly every day
The H or L will 90% of the time will be posted in the first two hours of this session
knowing this means you understand if you just wait til this time you can better your odds at not getting stop hunted due to poor entry
A few things to take from this study are these.
1. after the OB is formed
2. whichever side gets taken out first (H/L) will 90% define the bias for the day. I have found that using the m13-m15 TF will add some more confirmation with 1-2 closes outside of range H/L/
3. After general bias has formed 2 things can happen
A) PA just takes off and there is really nothing you can do about it unless you had other studies that told you that will happen
B) PA will dip back INTO the OB and create the OTE which is any retracement below the .5 Fibonacci of the shaded OB
4. Typically OTE happens after the session has ended
5. If you used OTE off of the past days NYCOB then you can use the new (forming or just formed) NYCOB to CONFIRM your initial bias presented from the previous days OTE and bias.
6. When PA cannot close outside the NYCOB it presents a range to range play where PA will visit the opposite side of the range to chase liquidity,
7. When the NYCOB is TIGHT then deviation is more likely to result in price expansion, when the NYCOB is WIDE then deviation tends to present more range to range plays.
8. After bias is formed and OTE has been made your stops should always be outside the NYCOB. I use the m30 or H1 ATR to get a slight cushion from the OB to ensure i dont get stop hunted.
AS of now this about all the information i have but i will continue to update this list in the comment section as more studies and results have been posted.
DM me on how to attain access.
Cheers
Liquidity and SFPThis tool prints fractal high & lows (triangles) illustrating probably points of liquidity & Williams method.
If the liquidity points have been run, there will be a line print, when they have not been run there will still be a single triangle print without a line.
If the liquidity is run and then the candle closes above we print a checkmark to demo that it is likely that this was a stop run to generate liquidity for bigger market participants. This can help with entry identification if this is a method you deploy.
This indicator is available as part of membership at at decentrader.com
Liquidity Levels/Zones (Expo)Liquidity Levels/Zones (Expo) automatically identifies and displays key liquidity levels/zones.
Liquidity describes the extent to which an asset can be bought and sold quickly, without affecting the price. It is a measure of how many buyers and sellers are present, and whether transactions can take place easily.
Levels/Zones are displayed where there is a significant level of trading activity and when there is both high supply and demand for an asset, security, or contract. These levels can leave clues for future price behavior and act as support/resistance zones. The trading activity can confirm the existence, or a continuation, of a trend or a trend reversal.
The user can modify the settings so that short- term, medium-term, and long- term liquidity levels/zones are displayed.
The indicator can be used standalone or as a part of your current trading strategy.
Real-time
No repainting
Works on any market
HOW TO USE
1. Use the indicator to identify key liquidity levels/zones.
2. Use the indicator to identify high trading activity.
3. Use the indicator to confirm the existence, or a continuation, of a trend or a trend reversal.
INDICATOR IN ACTION
1-hour chart
I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
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Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/ideas are only for educational purposes!
Price Action - Level/Zone (Expo)Price Action - Level/Zone (Expo) indicator identifies buying and selling pressure that has an impact on the price movement. This is visualized by a Zone, or Levels or with Barcolors depending on which settings are used.
Depending on the selected settings the indicator can identify buying and selling pressure which pushes the price further in the trend direction and it can show exhausted buyers/sellers which is seen in reversal points.
HOW TO USE
1. Use the indicator to identify buying and selling pressure.
2. Use the indicator to identify exhausted buyers and sellers.
3. Use the indicator to identify reversal points, pullbacks, or trend shifts.
4. Use the indicator to buy/short-sell breakouts of the zones.
5. Use the indicator to buy/short-sell when the price re-test the zones.
-> Try the indicator on Heikin Ashi Candles , but it works as good at any type of candlestick, bars, Renko, or line break.
INDICATOR IN ACTION
4 hour chart
4 hour chart
I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
-----------------
Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/ideas are only for educational purposes!
