Double Bottom Breakout Strategy with Partial Take ProfitsThis strategy is a Double Bottom Breakout Strategy with Partial Take Profits designed to identify breakout opportunities on BTC using the 15-minute, 30-minute, and 1-hour time frames. It leverages the double bottom pattern to trigger entries and uses a multi-target exit strategy to manage trades.
Key features of this strategy include:
Identification of the double bottom pattern using price action and lows.
Calculation of a neckline level, which acts as a breakout trigger.
Multiple take profit targets (target1, target2, target3) based on the neckline and the low of the first bottom.
Stop loss set based on a retracement level, ensuring risk management is in place.
This strategy is ideal for BTC traders looking to take advantage of short-term reversals and breakouts with a structured approach to managing both entry and exit points.
USE: BTC 15MIN/30MIN/1H
----------------------------------------------
该策略是一种具有部分获利的双底突破策略，旨在利用15分钟、30分钟和1小时的时间框架识别BTC上的突破机会。它利用双底模式来触发进入，并使用多目标退出策略来管理交易。
该战略的主要特征包括：
使用价格走势和低点识别双底模式。
计算领口水平，作为突破触发器。
基于领口和第一个底部的低点的多个止盈目标（目标1、目标2、目标3）。
根据回撤水平设置停止损失，确保风险管理到位。
对于希望利用短期逆转和突破的BTC交易员来说，该策略非常理想，并采用结构化的方法来管理进入点和退出点。
インジケーターとストラテジー
3CFQuesto script indica tutti i massimi e i minimi seguendo la definizione di formazione delle tre candele.
The Strat Patterns Indicator v1.0The Strat Patterns Indicator is a tool that draws Strat patterns in real-time, highlights Strat scenarios, key levels, and helps traders effectively apply the Strat trading strategy.
It combines features such as pattern recognition, timeframe continuity analysis, target level highlighting, and custom alerts to simplify trading decisions and maximize profit potential.
Display All Strat Patterns
The Strat Patterns Indicator shows all Strat patterns directly on your chart, making it easier to spot trading opportunities in real-time. You can choose to show or hide specific patterns based on your preferences. The patterns include:
2-2 Continuation
2-2 Reversal
3-2-2 Reversal
2-1-2 Continuation
2-1-2 Reversal
1-2-2 Reversal
3-1-2 Continuation
1-3 Reversal
3-1-2 Reversal
Highlight Major Candlestick Patterns
The indicator highlights important candlestick formations that are crucial for forecasting the major trend reversals in the market. These candlestick patterns include:
Hammer
Shooting Star
Doji
Gravestone Doji
Dragonfly Doji
Morning Doji Star
Evening Doji Star
By showcasing these patterns, the indicator helps traders quickly identify possible reversals or continuations, providing an extra layer of confirmation for trading decisions.
Timeframe Continuity Table
This indicator includes a customizable table that displays timeframe continuity, allowing you to align your trades with the overall market trend. You can select up to four higher timeframes to monitor, helping you ensure that your trades follow the broader trend direction.
This feature makes it easy to identify whether the market trend is aligned across multiple timeframes, enhancing your ability to make high-probability trades.
Show Target Levels (Previous Highs/Lows)
The indicator highlights target levels based on previous highs or lows, making it easier to set realistic profit targets and manage trades effectively.
By identifying these key levels, you can better gauge potential price movements and plan your trades with greater precision, ensuring that you maximize profit opportunities while minimizing risk.
Highlight Higher Timeframe Target Levels
This feature allows you to display target levels from a higher timeframe while trading on a lower timeframe.
For example, if you are trading on a 4-hour chart, you can choose to show daily target levels, including high/low levels and Fibonacci golden ratios. This helps you identify more significant profit targets and enhances your ability to capture larger moves while staying aligned with the overall trend.
Breakout Confirmation
The indicator provides an option to display the previous candlestick's high or low value, helping you confirm breakouts in Strat patterns. This feature is useful for validating whether a true breakout has occurred, giving you greater confidence in your trade entries and helping you avoid potential false breakouts.
Alerts for Strat Patterns
With this feature, you can set up alerts that trigger whenever a Strat pattern forms. This ensures you never miss a trading opportunity, keeping you informed and ready to act when key patterns emerge. The alerts provide real-time notifications, allowing you to stay on top of market movements without constantly monitoring your charts.
Reptile Candle MarkerReptile Candle Marker
The Reptile Candle Marker is a custom indicator designed to identify a specific pattern in price action, known as the "reptile candle." This pattern is characterized by a small body with long wicks on both the upper and lower sides. These candles often indicate indecision or a reversal in the market, making them useful for traders looking for potential turning points.
Key Features:
Small Body and Large Wicks: The indicator highlights candles with a small body relative to the overall candle range, accompanied by long upper and lower wicks. This is achieved by comparing the size of the wicks to the body and the overall candle range.
Volume Confirmation: The indicator ensures that the identified candles are accompanied by high volume, which serves as confirmation of the significance of the price action.
Visual Highlighting: When a "reptile" candle is detected, the body of the candle and the wicks are both colored yellow. This allows for easy identification on the chart.
Custom Wick Lines: To ensure the wicks stand out, the indicator draws yellow lines above and below the candles, representing the upper and lower wicks. These lines remain fixed in place even as the chart is scaled or moved.
How It Works:
The indicator identifies candles where:
The upper wick is longer than the body by a specified ratio.
The lower wick is longer than the body by the same ratio.
The candle's body size is small compared to the total candle range (less than 30% of the range).
The volume is significantly higher than the 20-period moving average volume, indicating increased market activity.
When these conditions are met, the indicator marks the candle by coloring its body and wicks yellow. Additionally, it draws custom yellow wick lines to visually represent the wick size.
How to Use:
This indicator is designed to highlight potential reversal points or periods of indecision in the market. Traders can use it to spot possible turning points, especially when accompanied by other technical analysis tools such as support/resistance levels or trend indicators.
Customizable Parameters:
Wick to Body Ratio: Controls the sensitivity for detecting large wicks relative to the candle body.
Volume Factor: Adjusts the threshold for identifying candles with significantly higher volume than the moving average.
Babil34 RSIBabil34 RSI göstergesi, fiyat hareketlerini analiz etmek için Jurik RSX algoritmasına dayalı bir yapı sunar. Bu gösterge, klasik RSI'den farklı olarak, fiyat dalgalanmalarına daha hızlı tepki verecek şekilde yumuşatılmış bir yaklaşım kullanır. Aşırı alış (85) ve aşırı satış (15) seviyeleri ile yatırımcıya trendin potansiyel dönüş noktaları hakkında bilgi sağlar.
Özellikler:
Aşırı Alış ve Aşırı Satış Bölgeleri: Kullanıcının tanımladığı seviyelerde renklendirilmiş sinyaller ile desteklenir.
Renk Kodlaması: Fiyatın aşırı alış bölgesinde yeşil, aşırı satış bölgesinde kırmızı ve nötr durumda özel bir renk ile gösterim yapılır.
Seviye Vurgulama: Aşırı alış ve satış bölgelerinde ek renk vurguları ile dikkat çekici hale getirilmiştir.
Kullanıcı Tanımlı Ayarlar: Aşırı alış/satış seviyeleri ve zaman periyodu kullanıcı tarafından özelleştirilebilir.
Bu gösterge, trendin gücünü ve momentumunu analiz etmek isteyen yatırımcılar için tasarlanmıştır. Özellikle, fiyatın aşırı alım ya da aşırı satım bölgelerinde olduğu durumlarda potansiyel dönüş sinyalleri verir. Babil34 RSI göstergesini stratejinize ekleyerek, fiyat hareketlerini daha yakından analiz edebilir ve potansiyel giriş/çıkış noktalarını belirleyebilirsiniz.
PRADEEP ANAND DISABLEDThis Is The Disabled Version Of Luxalgo Nadaraya Watson Envelop, means no Repainting.
AB Buy Sell CrossoverThe information, scripts, and indicators provided by the author of this TradingView publication, including but not limited to this particular indicator, are intended solely for educational, informational, and research purposes. They do not constitute, and should not be interpreted as, financial or investment advice, nor should they be construed as recommendations or endorsements for any specific securities, financial products, asset classes, or trading strategies. The use of this indicator is entirely at the user’s own risk.
Trading and investing in financial markets are inherently risky and involve the potential for significant financial losses. The value of financial instruments, including stocks, commodities, currencies, and cryptocurrencies, can fluctuate widely and may result in the loss of all capital invested. The past performance of any indicator, strategy, or asset class is not indicative of future results, and no method or system, including those based on technical analysis, can guarantee profits or prevent losses.
The author of this indicator assumes no responsibility for any loss or damage, whether direct, indirect, incidental, or consequential, arising from the use of the indicator, its signals, or the execution of trades based on its recommendations. By using this script, the user agrees to take full responsibility for their trading decisions and acknowledges that they are solely responsible for managing their investments.
Risk Warning
Financial markets are volatile and subject to rapid and unpredictable changes. Market conditions can shift unexpectedly due to various factors such as economic data releases, geopolitical events, or broader market sentiment. Even with the use of indicators and technical analysis, there is no way to guarantee profits or avoid losses in such an environment. Users should be aware that any trades made using this indicator may involve substantial risk, including but not limited to the risk of losing more than the amount initially invested.
This script is based on historical data, technical patterns, and algorithms that may not account for real-time market dynamics, such as liquidity, transaction costs, slippage, and order execution delays. It is important to understand that backtested results do not guarantee future performance and may not be representative of the outcomes that would occur in live trading conditions.
No Professional Advice
This indicator is not designed to serve as professional financial advice, tax advice, legal counsel, or investment recommendations. The author of this script is not a licensed financial advisor, broker, or tax professional, and the content provided should not be construed as such. It is strongly recommended that users consult with a qualified financial advisor or investment professional who is aware of their individual circumstances and financial goals before making any investment decisions.
Users should conduct their own thorough research and consider the risks associated with trading. The author is not responsible for any action taken by the user based on the use of this indicator, nor for the consequences of such actions, including but not limited to financial losses, opportunity cost, or missed opportunities.
No Guarantee of Accuracy or Profitability
While every effort has been made to ensure that the information and signals generated by this indicator are as accurate as possible, the author makes no representations or warranties, either express or implied, regarding the accuracy, reliability, or completeness of any of the information provided. The indicator relies on technical analysis and mathematical models that are subject to limitations, including but not limited to the inherent uncertainties in financial markets.
The author does not guarantee the success or profitability of any trades based on this indicator, and users should not rely solely on the output of this script to make their investment decisions. Trading should always be conducted in conjunction with sound risk management practices, including the use of stop-loss orders, position sizing, and portfolio diversification. Users should never risk more than they are willing to lose.
No Liability
The author disclaims any liability for losses or damages of any kind, whether direct, indirect, incidental, consequential, or punitive, arising from the use of this indicator, including but not limited to financial losses, missed opportunities, and any other consequences. This includes losses due to errors, inaccuracies, or malfunctions in the indicator, the user’s reliance on the signals provided, or any other factors related to the use of the TradingView platform or the market.
In no event shall the author, its affiliates, or any third parties associated with the script be liable for any loss, damage, or claim arising out of or in connection with the use of this indicator or any related services, even if the author has been advised of the possibility of such losses or damages. The user agrees to indemnify, defend, and hold harmless the author from and against any and all claims, damages, liabilities, and expenses arising from the use of this script.
Third-Party Data and Sources
This indicator may incorporate data from third-party sources, such as TradingView’s data feeds or other publicly available financial data sources. While the author strives to ensure that the data used in the creation of the indicator is accurate, there is no guarantee of the completeness or accuracy of such data. The author is not responsible for any errors, omissions, or delays in data that may affect the indicator’s performance.
Limitations of TradingView and Pine Script
The author’s ability to implement certain features or strategies within TradingView is limited by the functionality of the TradingView platform and Pine Script, the scripting language used to develop indicators and strategies. While Pine Script is a powerful tool, it does have certain constraints, including limited historical data access, limitations on the number of calculations per bar, and the inability to scan multiple assets simultaneously. This indicator operates within the confines of TradingView’s platform and should not be seen as a comprehensive solution for trading automation or real-time market analysis.
Use of Alerts
This indicator may include alert conditions that allow users to set up notifications on TradingView. However, the author makes no guarantee that alerts will be delivered promptly or accurately. Alerts are dependent on TradingView’s alert system and the user’s account settings, and the author is not responsible for any missed, delayed, or incorrect alerts.
User Responsibility
By using this indicator, users acknowledge that they are responsible for their trading decisions and actions. The author of this script does not have access to any user’s account or trading information, nor can the author influence or control the execution of trades. All trading decisions are made at the sole discretion of the user, and the author does not bear responsibility for any outcomes, including financial gains or losses, resulting from the use of this indicator.
Changes and Updates
The author reserves the right to modify, update, or discontinue the indicator at any time without notice. Any updates or changes made to the indicator may affect its performance, and users are encouraged to stay informed about any modifications. It is the responsibility of the user to regularly check for updates to ensure they are using the latest version of the indicator.
Conclusion
The use of this TradingView indicator is at the user’s own risk. By applying this indicator and utilizing its features, users acknowledge that they have read, understood, and agreed to the terms outlined in this disclaimer. The author is not responsible for any financial, legal, or other consequences that may result from the use of this indicator or the trading decisions based on its signals.
Sultan_Pro HL مؤشر بسيط عند تجاوز المتوسط يعطي اشارة بيع او شراء ، ويفضل العمل به بالفريمات الصغيرة ، 1m .2m
Advance RSI Renko CalculationRSI based BUY and SELL on Renko Chart, only works good on renko chart, choose block size wisely for better results.
Sultan_pro lins 4مؤشر يحتوي على خطوط دعم ومقاومة صحيحة وخط ترند دعم ومقاومة مع اهداف ايقاف الخسارة ، والمؤشر يعمل على جميع الفريمات .
FxCanli RangeFxCanli Range is an indicator based on ICT Internal Range and External Range concept.
What is ICT Internal Range Liquidity?
The Fair Value Gap is marked as the ICT internal range liquidity.
ICT Fair Value Gap is marked as the liquidity because it is a formation of three candles leaving an area between high and low of 1st and 3rd candle where price do not overlap.
FxCanli Range Indicator draws all Internal Ranges above explaining the ICT internal range liquidity.
What is Imbalance (FVG)?
Fair Value Gaps are price jumps caused by imbalanced buying and selling pressures.
A bullish Fair Value Gap is created when there is a gap between the high of the first candle and the low of the third candle.
A bearish Fair Value Gap is created when there is a gap between the low of the first candle and the high of the third candle.
What is ICT External Range Liquidity?
The swing high and swing low of an ICT dealing range are termed as external range.
The high of an ICT dealing range is termed as “buy side liquidity” assuming the buy stops rest above the high of dealing range.
While the low of an ICT dealing range is known as “sell side liquidity” assuming the sell stops resting below the low of dealing range.
FxCanli Range Indicator draws all External Ranges above explaining the ICT external range liquidity
🔶 USAGE & EXAMPLES
As ICT said us, Price moves 2 side, Internal Liquidity or External Liquidity
External Range Liquidity to Internal Range Liquidity
When price reached to External Range, it will sweep the External Range Liquidity
at that time, we have to wait price to reverse and start to move to Internal range liquidity (FVG)
our strategy has to be like this; we have to open 2 time less lower time frame
if we are at 1 hour chart, we have to open 1Hour - 15 min - 5 min chart
and wait for Trend Reversal pattern at there
Internal Range Liquidity to External Range Liquidity
When price reached to Internal Range(FVG), it will fill the imbalance
at that time, we have to wait price to reverse and start to move to External Range Liquidity.
Again we have to decrease our time frame 2 times.
if we are at 1 hour chart, we have to open 1Hour -> 15 min -> 5 min chart
and wait for Trend Reversal pattern at there
🔶 SETTINGS
With the settings;
▪️ Fractal Properties;
it will show fractals or not, you will decide the period of fractals, Style, Color and also Size of the fractal
▪️ Trend Line Properties;
it will show trend or not, you will decide the color of the trend, line style, and line width.
▪️ External Range Properties;
it will show external range or not, Color of the level, line style, line witdh, show text of the external range, what will it write at the text, place/size/color of the text, show time frame, show price,
▪️ Internal Range Properties;
it will show internal range or not, Color of the level, line style, line witdh, show text of the external range, what will it write at the text, place/size/color of the text, show time frame, show price,
▪️ Alert Conditions
you will set alerts at this part
Alert or not, liquidity(External Range) alerts, FVG(Internal Range) alerts, FVG filled alert
Part 1
Part 2
Wish you great trades...
FxCanli CostaFxCanli Costa indicator draws all of the following with FxCanli Costa strategy
▪️ Market Structure
▪️ Up Trend with Green Lines
▪️ Down Trend with Red Lines
▪️ Imbalance(FVG)
▪️ Limit order Level
▪️ Entry Level
▪️ Stop Loss Level
▪️ Take Profit Level
******* Lets first understand about the FxCanli COSTA Strategy *******
Think that, we wait price to reverse from any level -
I call it PRZ (Potential Reversal Zone)
it can reverse in 2 type
Type 1 - it will reverse with 2 wave
Type 2 - it will reverse with 1 wave
⚫ What is PRZ (Potential Reversal Zone)?
Depends on your technical analysis, it can be any Harmonic Pattern level
or it can be Order block at Price action concept.
⚫ What is Imbalance (FVG)?
Fair Value Gaps are price jumps caused by imbalanced buying and selling pressures.
A bullish Fair Value Gap is created when there is a gap between the high of the first candle and the low of the third candle.
A bearish Fair Value Gap is created when there is a gap between the low of the first candle and the high of the third candle.
⚫ FxCanli Costa Strategy is starting now
At my trades, I always wait trend reversal ( Type1 or Type 2 , That I mention above)
for buy trades, I enter the trade below the break out candles
for sell trades, I enter the trade above the break out candles
⚫ Where to put stop loss and take profit?
Stop loss is always above/below swing High/Low
and take profit has to be at least 1/1 Risk/Reward ratio
******* What is FxCanli COSTA Indicator? *******
FxCanli Costa draws all these, depends on FxCanli Costa Strategy
🔴 Market Structure
▪️ Up Trend with Green Lines
▪️ Down Trend with Red Lines
🔴 Trade Levels
FxCanli Costa Indicator first draws Buy Limit level or Sell limit level on the chart
and when Price Reaced to that level it will show Entry / Stop Loss / Take Profit levels
it puts stop loss above/below swing High/Low
and it put Take profit depends on Risk/Reward ratio from inputs.
🔴 FILTERING
FxCanli Costa Indicator's input has got some filtering parts
With these filtering you will not enter all trades
For Example Fibonacci Filtering
it will only give entry signal of impulse's 0.618 and more fibonacci level
🔵 Others Filter are;
RSI Filtering - It will give entry signal, if only RSI is at Overbought or Oversold
EMA Filtering - It will give entry signal with the same direction of Exponential Moving Average
Imbalance Filtering - It will give entry signal, if there is FVG - Imbalance at the entry level
Thanks alot, wish you great trades
Strategy without indicators v11. General Script Strategy
The objective of this strategy is to open buy or sell orders every new hour based on:
Whether the previous candle closed high (buy) or low (sell).
The presence of tops and bottoms to avoid opening orders at times of possible reversals.
The strategy also allows the user to set a date range (start date and end date) to calculate profit, loss, percentage of gain and percentage of loss only in that period.
2. Initial Settings and Parameters
Start Date and End Date: The start_date and end_date variables define the date range to account for profits and losses. These dates can be adjusted by the user to view results in specific periods.
3. Conditions for Order Entry
At each time change, the script checks the conditions for buying or selling, using the following variables and logic:
Detection of Bullish or Bearish Candle:
bullish_candle: True if the previous candle closed high.
bearish_candle: True if the previous candle closed lower.
Analysis of Tops and Bottoms:
To avoid opening orders close to tops and bottoms, the script uses the function find_top_and_bottom(period), which analyzes the last 500 candles and identifies the highest value (top) and the lowest value (bottom).
The variables current_top and current_bottom store these values.
next_top and next_bottom indicate whether the current candle is close to a top (prevents buying) or a bottom (prevents selling).
4. Opening Orders (Buy and Sell)
At each time change, the script checks the conditions to open buy or sell orders:
Condition for Sell:
The sell order is opened if the previous candle was bullish (bullish_candle) and is not close to a top (not next_top).
If there is an open buy order, it is closed before the new sell order.
Buy Condition:
The buy order is opened if the previous candle was bearish (bearish_candle) and is not near a bottom (not_near_bottom).
If there is an open sell order, it is closed before the new buy order.
5. Calculating Profit and Loss
The profit and loss calculation is only done within the configured date range (start_date and end_date):
Profit and Loss:
total_profit and total_loss accumulate the profit and loss values of all operations during the defined period.
percentage_gain and percentage_loss calculate the percentage of gain and loss in relation to the initial capital.
6. Displaying Results on the Chart
The script displays on the chart, next to the candles, the information on Total Profit, Total Loss, % Gain and % Loss:
Strategy Summary
Setting the Date Range: Allows you to set the period for calculating profit and loss.
Previous Candlestick Analysis: Decide whether to buy or sell based on the previous candlestick.
Preventing Entries at Tops and Bottoms: Avoids buying at tops and selling at bottoms to reduce false signals.
Result Calculation: Accumulates profits, losses and percentages within the configured date range.
Results Display on Chart: Displays the configured statistics directly on the chart, next to the candlesticks.
1. Estratégia Geral do Script
O objetivo dessa estratégia é abrir ordens de compra ou venda a cada nova hora com base em:
Se a vela anterior fechou em alta (compra) ou em baixa (venda).
A presença de topos e fundos para evitar abrir ordens em momentos de possíveis reversões.
A estratégia também permite que o usuário configure um intervalo de datas (data inicial e data final) para calcular o lucro, perda, percentual de ganho e percentual de perda apenas nesse período.
2. Configurações e Parâmetros Iniciais
Data Inicial e Data Final: As variáveis data_inicial e data_final definem o intervalo de datas para contabilizar os lucros e perdas. Essas datas podem ser ajustadas pelo usuário para visualizar resultados em períodos específicos.
3. Condições para Entrada de Ordens
A cada mudança de hora, o script verifica as condições de compra ou venda, usando as seguintes variáveis e lógicas:
Detecção de Vela de Alta ou Baixa:
vela_de_alta: Verdadeiro se a vela anterior fechou em alta.
vela_de_baixa: Verdadeiro se a vela anterior fechou em baixa.
Análise de Topos e Fundos:
Para evitar abrir ordens próximas de topos e fundos, o script utiliza a função find_top_and_bottom(periodo), que analisa as últimas 500 velas e identifica o valor mais alto (topo) e o valor mais baixo (fundo).
As variáveis topo_atual e fundo_atual armazenam esses valores.
topo_proximo e fundo_proximo indicam se a vela atual está perto de um topo (evita compra) ou de um fundo (evita venda).
4. Abertura de Ordens (Compra e Venda)
A cada mudança de hora, o script verifica as condições para abrir ordens de compra ou venda:
Condição para Venda:
A ordem de venda é aberta se a vela anterior foi de alta (vela_de_alta) e não está perto de um topo (not topo_proximo).
Se houver uma ordem de compra aberta, ela é fechada antes da nova ordem de venda.
Condição para Compra:
A ordem de compra é aberta se a vela anterior foi de baixa (vela_de_baixa) e não está perto de um fundo (not fundo_proximo).
Se houver uma ordem de venda aberta, ela é fechada antes da nova ordem de compra.
5. Cálculo de Lucros e Perdas
O cálculo de lucro e perda só é feito dentro do intervalo de datas configurado (data_inicial e data_final):
Lucro e Perda:
lucro_total e perca_total acumulam os valores de lucro e perda de todas as operações durante o período definido.
percentual_ganho e percentual_perca calculam o percentual de ganho e perda em relação ao capital inicial.
6. Exibição dos Resultados no Gráfico
O script exibe no gráfico, próximo das velas, as informações de Lucro Total, Perda Total, % de Ganho e % de Perda:
Resumo da Estratégia
Configuração de Intervalo de Datas: Permite configurar o período para cálculo do lucro e da perda.
Análise de Vela Anterior: Decide se a ordem é de compra ou venda com base na vela anterior.
Prevenção de Entradas em Topos e Fundos: Evita compras em topos e vendas em fundos para reduzir sinais falsos.
Cálculo de Resultados: Acumula lucros, perdas e percentuais dentro do período de datas configurado.
Exibição dos Resultados no Gráfico: Exibe as estatísticas configuradas diretamente no gráfico, próximo das velas.
VWAPs [crlmx]VWAP indicator triple with daily weekly monthly averages and none of the gap connecting segment that hurt the eye
Institutional Order Finder (IOF) - Hidden Order Block LiteInstitutional Order Finder (IOF) - Hidden Order Blocks
Institutional Order Finder (IOF) Indicator: Detecting Breaker Blocks and Hidden Order Blocks (HOBs)
The Institutional Order Finder (IOF) Lite is designed to assist traders in identifying breaker blocks, also known as hidden order blocks (HOBs). The indicator helps identify untouched bodies within order blocks and offers comprehensive analysis of fair value gaps (FVGs) and order blocks based on engulfing candles. The method for detecting engulfing patterns is customizable (available in the Pro version).
Features of the Institutional Order Finder (IOF) Lite Indicator
The indicator detects breaker blocks and distinguishes between complete HOBs and partial HOBs (PHOBs). An HOB is created when the body of a candle, to the left of an engulfing candle, ideally fits through the fair value gaps without being touched by wicks. The indicator differentiates between:
HOB (Hidden Order Block): The body completely fits through the FVGs and is untouched by wicks, making it a strong and reliable breaker block.
PHOB (Partial Hidden Order Block): The body does not fully fit, but at least the equilibrium (50% level of the body left of the engulfing candle) is covered by the FVGs.
The minimum requirement for a “good” HOB is for the equilibrium to be crossed by the FVGs. This method provides a focused and high-quality view of the market structure.
Visualization and Market Structure Analysis
The Institutional Order Finder (IOF) displays order blocks as lines, with the equilibrium being a critical analysis point. Once the equilibrium is reached, the order block is considered invalid. In addition to HOBs and PHOBs, the indicator also displays fair value gaps, as well as invalidated order blocks (OBs) and breaker blocks (BBs). Understanding these invalidations is essential for interpreting market behavior and potential turning points. The line representation offers a cleaner view, making it easier to combine multiple timeframes and spot clusters.
Multi-Timeframe Analysis (MTF)
The Lite version allows analysis of up to three different timeframes, helping traders observe the relevance and strength of order blocks across different time periods. For each selected timeframe, not only confirmed order blocks are shown, but also “potential order blocks (OBs) and breaker blocks (BBs).” These blocks are currently forming and are not yet confirmed. Potential OBs and BBs can provide crucial insights into the current market structure, especially for traders who seek early signals.
Lite Version and Limitations
The Lite version of the Institutional Order Finder (IOF) indicator has certain limitations. It can display only up to three timeframes, offers fewer customization options, and focuses on basic analysis tools. Nonetheless, the Lite version is a powerful tool for gaining initial insights into the functionality of the MT Breaker Block indicator and improving understanding of market structure.
Why Use the Institutional Order Finder (IOF) Indicator?
The Lite indicator offers a precise way to analyze and visualize order blocks and breaker blocks. By focusing on identifying untouched bodies and the equilibrium, the indicator provides a unique perspective on market structure, often missing from traditional order block indicators. With its ability to conduct multi-timeframe analysis and identify potential order blocks in real time, the IOF Lite indicator offers a detailed understanding of potential price movements.
Special thanks to Moneytaur for inspiring the creation of this indicator.
Settings Overview
GENERAL SETTINGS
Historical order blocks: Enables the display of historical order blocks on the chart.
Order blocks: Activates the detection and display of order blocks (OB).
Show high quality breaker blocks: Displays only high-quality breaker blocks (BB) that meet strict criteria. The lines for high-quality BBs are twice as thick as regular lines.
ENGULFING
Please choose Engulfing engine: Choose the type of engulfing pattern used to detect order blocks (e.g., “Engulfing Strict” for stricter criteria).
MTF SETTINGS
Default timeframe: Sets the default timeframe for order block analysis when the multi-timeframe (MTF) mode is turned off.
Show MTF order blocks: Enables the display of order blocks from multiple timeframes.
Timeframe 1, Timeframe 2, Timeframe 3: Specify the individual timeframes for MTF analysis.
Activate Timeframe 1, Activate Timeframe 2, Activate Timeframe 3: Control which MTF timeframes are actively used in the analysis.
ORDER BLOCK SETTINGS
Order Block Filter Strategy: Choose a filtering strategy to display only the most relevant OBs.
Extend order blocks to the right: Extends order blocks to the right until they are invalidated.
Show timeframe as label: Displays the timeframe of the order block as a label on the chart.
Bearish OB, Bullish OB, Breaker Block, Old Order Blocks, Old BB-Blocks (and possible): Choose colors for different types of order blocks and breaker blocks for easier visual distinction.
Label text color: Sets the color of the text within labels.
Label background color: Defines the background color of the labels.
Line width: Specifies the thickness of the lines that represent order blocks.
Please choose style of lines / current timeframe, Please choose style of lines / alternative timeframe: Choose the style of lines (e.g., solid or dotted) for the current and alternative timeframes.
Timeframe label offset in bars from actual bar: Determines the offset of labels relative to the candles, improving visibility.
FAIR VALUE GAPS
Show Fair Value Gaps: Activates the detection and display of fair value gaps (FVG), highlighting potential liquidity gaps.
FILTER SETTINGS
Number of Previous Candles (Candle Pattern Strength): Specifies the number of previous candles to analyze to determine the strength of the candle pattern.
Candle Size Multiplier (Candle Pattern Strength): Sets a multiplier for the candle size within the pattern to emphasize stronger patterns.
RSI Period (RSI): Defines the period for the RSI indicator, used to analyze overbought/oversold conditions.
Overbought Level (RSI), Oversold Level (RSI): Sets the RSI threshold values to identify potential trend reversal points.
Minimum Volume (Volume): Specifies the minimum volume that must be reached to validate order blocks and breaker blocks.
This guide provides a comprehensive breakdown of the Institutional Order Finder (IOF) Lite Indicator settings, allowing you to customize and maximize the indicator’s functionality for optimal trading insights.
COIN/ETH RatioThis TradingView indicator calculates and visualizes the ratio between Coinbase's stock price (COIN) and Ethereum's price (ETH) to help traders compare Coinbase's performance relative to Ethereum over time. This can be useful for those interested in understanding correlations or relative strength between a traditional crypto exchange stock and a major cryptocurrency.
PΞCKΞR All-In-One (PECKER AIO)The PΞCKΞR All-In-One (PECKER AIO) indicator offers traders a comprehensive tool for technical analysis, blending various features into a single indicator. It integrates essential analytical tools such as RSI, Moving Averages, divergence detection, and multiple EMA overlays.
RSI in-chart divergences:
Identify both regular and hidden bullish/bearish divergences to anticipate potential market swings.
Visually overlay divergences directly on the chart for quick recognition.
Moving Averages:
Choose from SMA, EMA, or SMMA.
Adjustable lengths to suit different trading strategies.
Multi-Timeframe EMAs:
No matter which time-frame you are looking at, display 4-hour, daily, weekly, and more EMA levels to track critical trend changes across different timeframes.
Fully customizable with color, length, and line width options.
Price Level Markers:
Annote key price points such as daily, weekly, monthly opens, highs, lows, and mid-levels.
Monday range (High - 0.5 - Low) also included.
Adaptable to right-anchored or standard display styles to match user preferences.
This all-encompassing indicator is designed to suit both day traders and long-term strategists, providing a detailed yet straightforward approach to chart analysis.
Profit Hunter The Tower of Data指標用途 / Purpose of the Indicator
本指標旨在綜合監測加密貨幣市場的狀況。透過分析比特幣與以太坊的市值佔比、穩定幣市場比率、歷史最高點距離（ATH）及波動性指標（ATR），交易者可以獲取市場動態、評估風險以及尋找潛在的交易機會。
English: This indicator aims to provide a comprehensive monitoring of the cryptocurrency market conditions. By analyzing the market dominance of Bitcoin and Ethereum, the stablecoin market ratio, distance to all-time high (ATH), and volatility indicator (ATR), traders can gain insights into market dynamics, assess risks, and identify potential trading opportunities.
指標依據 / Basis of the Indicator
1. 市值佔比：計算比特幣和以太坊在總市場中的佔比，幫助判斷主流加密貨幣的市場情緒。
2. 穩定幣比率：評估比特幣市值與穩定幣總市值的比例，反映資金在風險資產和穩定幣之間的流動情況.
3. 歷史最高點距離（ATH）：顯示當前價格距離歷史最高價的百分比，幫助識別潛在的市場頂部或底部。
4. ATR 波動性指標：使用平均真實範圍（ATR）來測量市場的波動性，為風險管理提供參考。
1. Market Dominance: Calculates the market share of Bitcoin and Ethereum in the total market, helping to assess the market sentiment of major cryptocurrencies. 2. Stablecoin Ratio: Assesses the ratio of Bitcoin's market cap to the total market cap of stablecoins, reflecting the flow of funds between risk assets and stablecoins. 3. Distance to All-Time High (ATH): Displays the percentage distance from the current price to the historical peak, helping to identify potential market tops or bottoms. 4. ATR Volatility Indicator: Uses Average True Range (ATR) to measure market volatility, providing a reference for risk management.
數值大小含意及操作建議 / Value Interpretation and Trading Suggestions
1. 市值佔比：> 60% 顯示市場對比特幣和以太坊的信心較高，適合進行長期持有或交易；< 60% 可能表示資金流出，需謹慎觀察市場情緒。
2. 穩定幣比率：>800% 表明市場對比特幣的信心強，適宜進場交易；< 800% 反映市場對穩定幣的需求增加，建議觀望
3. ATH 距離：正值顯示當前價格低於歷史最高點，可能存在回升機會；負值則表示當前價格高於歷史最高點，需謹慎進場。
4. ATR 波動性指標：1-30 分 市場波動性低，適合穩健操作；31-70 分 市場波動性中等，需注意潛在風險；71-99 分 市場波動性高，建議減少倉位或觀望。
1. Market Dominance: > 60% indicates high confidence in Bitcoin and Ethereum, suitable for long-term holding or trading; < 60% may indicate capital outflow, caution is advised. 2. Stablecoin Ratio: > 700% suggests strong confidence in Bitcoin, suitable for entering trades; < 700% reflects increased demand for stablecoins, suggesting a watchful approach. 3. Distance to All-Time High (ATH): Positive values indicate the current price is below the historical peak, presenting a potential rebound opportunity; negative values indicate the current price is above the historical peak, caution is advised. 4. ATR Volatility Indicator: 1-30 Points indicates low market volatility, suitable for stable operations; 31-70 Points indicates moderate market volatility, watch for potential risks; 71-99 Points indicates high market volatility, recommend reducing positions or adopting a wait-and-see approach. \72\72\72
