Grok/Claude Turtle Soup Alert SystemReplaces previous Turtle Soup Strategy/Indicator as Tradingview will not let me update it.
# 🥣 Turtle Soup Strategy (Enhanced)
## A Mean-Reversion Strategy Based on Failed Breakouts
---
## Historical Origins
### The Original Turtle Traders (1983-1988)
The Turtle Trading system is one of the most famous experiments in trading history. In 1983, legendary commodities trader **Richard Dennis** made a bet with his partner **William Eckhardt** about whether great traders were born or made. Dennis believed trading could be taught; Eckhardt believed it was innate.
To settle the debate, Dennis recruited 23 ordinary people through newspaper ads—including a professional blackjack player, a fantasy game designer, and an accountant—and taught them his trading system in just two weeks. He called them "Turtles" after turtle farms he had visited in Singapore, saying *"We are going to grow traders just like they grow turtles in Singapore."*
The results were extraordinary. Over the next five years, the Turtles reportedly earned over **$175 million in profits**. The experiment proved Dennis right: trading could indeed be taught.
#### The Original Turtle Rules:
- **Entry:** Buy when price breaks above the 20-day high (System 1) or 55-day high (System 2)
- **Exit:** Sell when price breaks below the 10-day low (System 1) or 20-day low (System 2)
- **Stop Loss:** 2x ATR (Average True Range) from entry
- **Position Sizing:** Based on volatility (ATR)
- **Philosophy:** Pure trend-following—catch big moves by riding breakouts
The Turtle system was a **trend-following** strategy that assumed breakouts would lead to sustained trends. It worked brilliantly in trending markets but suffered during choppy, range-bound conditions.
---
### The Turtle Soup Strategy (1990s)
In the 1990s, renowned trader **Linda Bradford Raschke** (along with Larry Connors) observed something interesting: many of the breakouts that the Turtle system traded actually *failed*. Price would spike above the 20-day high, trigger Turtle buy orders, then immediately reverse—trapping the breakout traders.
Raschke realized these failed breakouts were predictable and tradeable. She developed the **Turtle Soup** strategy, which does the *exact opposite* of the original Turtle system:
> *"Instead of buying the breakout, we wait for it to fail—then fade it."*
The name "Turtle Soup" is a clever play on words: the strategy essentially "eats" the Turtles by trading against them when their breakouts fail.
#### Original Turtle Soup Rules:
- **Setup:** Price makes a new 20-day high (or low)
- **Qualifier:** The previous 20-day high must be at least 3-4 days old (not a fresh breakout)
- **Entry Trigger:** Price reverses back inside the channel (failed breakout)
- **Entry:** Go SHORT (against the failed breakout above), or LONG (against the failed breakdown below)
- **Philosophy:** Mean-reversion—fade false breakouts and profit from trapped traders
#### Turtle Soup Plus One Variant:
Raschke also developed a more conservative variant called "Turtle Soup Plus One" which waits for the *next bar* after the breakout to confirm the failure before entering. This reduces false signals but may miss some opportunities.
---
## Our Enhanced Turtle Soup Strategy
We have taken the classic Turtle Soup concept and enhanced it with modern technical indicators and filters to improve signal quality and adapt to today's markets.
### Core Logic Preserved
The fundamental strategy remains true to Raschke's original concept:
| Turtle (Original) | Turtle Soup (Our Strategy) |
|-------------------|---------------------------|
| BUY breakout above 20-day high | SHORT when that breakout FAILS |
| SELL breakout below 20-day low | LONG when that breakdown FAILS |
| Trend-following | Mean-reversion |
| "The trend is your friend" | "Failed breakouts trap traders" |
---
### Enhancements & Improvements
#### 1. RSI Exhaustion Filter
**Addition:** RSI must confirm exhaustion before entry
- **For SHORT entries:** RSI > 60 (buyers exhausted)
- **For LONG entries:** RSI < 40 (sellers exhausted)
**Why:** The original Turtle Soup had no momentum filter. Adding RSI ensures we only fade breakouts when the market is showing signs of exhaustion, significantly reducing false signals. This enhancement was inspired by later traders who found RSI extremes (originally 90/10, softened to 60/40) dramatically improved win rates.
#### 2. ADX Trending Filter
**Addition:** ADX must be > 20 for trades to execute
**Why:** While the original Turtle Soup was designed for ranging markets, we found that requiring *some* trend strength (ADX > 20) actually improves results. This ensures we're trading in markets with enough directional movement to create meaningful failed breakouts, rather than random noise in dead markets.
#### 3. Heikin Ashi Smoothing
**Addition:** Optional Heikin Ashi calculations for breakout detection
**Why:** Heikin Ashi candles smooth out price noise and make trend reversals more visible. When enabled, the strategy uses HA values to detect breakouts and failures, reducing whipsaws from erratic price spikes.
#### 4. Dynamic Donchian Channels with Regime Detection
**Addition:** Color-coded channels based on market regime
- 🟢 **Green:** Bullish regime (uptrend + DI+ > DI- + OBV bullish)
- 🔴 **Red:** Bearish regime (downtrend + DI- > DI+ + OBV bearish)
- 🟡 **Yellow:** Neutral regime
**Why:** Visual regime detection helps traders understand the broader market context. The original Turtle Soup had no regime awareness—our enhancement lets traders see at a glance whether conditions favor the strategy.
#### 5. Volume Spike Detection (Optional)
**Addition:** Optional filter requiring volume surge on the breakout bar
**Why:** Failed breakouts are more significant when they occur on high volume. A volume spike on the breakout bar (default 1.2x average) indicates more traders got trapped, creating stronger reversal potential.
#### 6. ATR-Based Stops and Targets
**Addition:** Configurable ATR-based stop losses and profit targets
- **Stop Loss:** 1.5x ATR (default)
- **Profit Target:** 2.0x ATR (default)
**Why:** The original Turtle Soup used fixed stop placement. ATR-based stops adapt to current volatility, providing tighter stops in calm markets and wider stops in volatile conditions.
#### 7. Signal Cooldown
**Addition:** Minimum bars between trades (default 5)
**Why:** Prevents overtrading during choppy conditions where multiple failed breakouts might occur in quick succession.
#### 8. Real-Time Info Panel
**Addition:** Comprehensive dashboard showing:
- Current regime (Bullish/Bearish/Neutral)
- RSI value and zone
- ADX value and trending status
- Breakout status
- Bars since last high/low
- Current setup status
- Position status
**Why:** Gives traders instant visibility into all strategy conditions without needing to check multiple indicators.
---
## Entry Rules Summary
### SHORT Entry (Fading Failed Breakout Above)
1. ✅ Price breaks ABOVE the 20-period Donchian high
2. ✅ Previous 20-period high was at least 1 bar ago
3. ✅ Price closes back BELOW the Donchian high (failed breakout)
4. ✅ RSI > 60 (exhausted buyers)
5. ✅ ADX > 20 (trending market)
6. ✅ Cooldown period met
→ **Enter SHORT**, betting the breakout will fail
### LONG Entry (Fading Failed Breakdown Below)
1. ✅ Price breaks BELOW the 20-period Donchian low
2. ✅ Previous 20-period low was at least 1 bar ago
3. ✅ Price closes back ABOVE the Donchian low (failed breakdown)
4. ✅ RSI < 40 (exhausted sellers)
5. ✅ ADX > 20 (trending market)
6. ✅ Cooldown period met
→ **Enter LONG**, betting the breakdown will fail
---
## Exit Rules
1. **ATR Stop Loss:** Position closed if price moves 1.5x ATR against entry
2. **ATR Profit Target:** Position closed if price moves 2.0x ATR in favor
3. **Channel Exit:** Position closed if price breaks the exit channel in the opposite direction
4. **Mid-Channel Exit:** Position closed if price returns to channel midpoint
---
## Best Market Conditions
The Turtle Soup strategy performs best when:
- ✅ Markets are prone to false breakouts
- ✅ Volatility is moderate (not too low, not extreme)
- ✅ Price is oscillating within a broader range
- ✅ There are clear support/resistance levels
The strategy may struggle when:
- ❌ Strong trends persist (breakouts follow through)
- ❌ Volatility is extremely low (no meaningful breakouts)
- ❌ Markets are in news-driven directional moves
---
## Default Settings
| Parameter | Default | Description |
|-----------|---------|-------------|
| Lookback Period | 20 | Donchian channel period |
| Min Bars Since Extreme | 1 | Bars since last high/low |
| RSI Length | 14 | RSI calculation period |
| RSI Short Level | 60 | RSI must be above this for shorts |
| RSI Long Level | 40 | RSI must be below this for longs |
| ADX Length | 14 | ADX calculation period |
| ADX Threshold | 20 | Minimum ADX for trades |
| ATR Period | 20 | ATR calculation period |
| ATR Stop Multiplier | 1.5 | Stop loss distance in ATR |
| ATR Target Multiplier | 2.0 | Profit target distance in ATR |
| Cooldown Period | 5 | Minimum bars between trades |
| Volume Multiplier | 1.2 | Volume spike threshold |
---
## Philosophy
> *"The Turtle system made millions by following breakouts. The Turtle Soup strategy makes money when those breakouts fail. In trading, there's always someone on the other side of the trade—this strategy profits by being the smart money that fades the trapped breakout traders."*
The beauty of the Turtle Soup strategy is its elegant simplicity: it exploits a known, repeatable pattern (failed breakouts) while using modern filters (RSI, ADX) to improve timing and reduce false signals.
---
## Credits
- **Original Turtle System:** Richard Dennis & William Eckhardt (1983)
- **Turtle Soup Strategy:** Linda Bradford Raschke & Larry Connors (1990s)
- **RSI Enhancement:** Various traders who discovered RSI extremes improve reversal detection
- **This Implementation:** Enhanced with Heikin Ashi smoothing, regime detection, ADX filtering, and comprehensive visualization
---
*"We're not following the turtles—we're making soup out of them."* 🥣
インジケーターとストラテジー
VWAP + Scaled VIX OverlayVWAP-VIX Fusion Overlay helps traders interpret volatility in real time by placing VIX and VWAP where they belong: side-by-side with price action.
It turns the invisible (fear, volatility pressure, momentum shifts) into something clearly visible — making entries, exits, and trend evaluation easier and more accurate.
Enhanced Ichimoku CloudDYNAMIC INDICATOR... im a beginer at this so i like to enhance my indicator by adding Visual Elements so that its easier to read for me... here is a visual representation of trend changes.
Shock Wave EMA Ribbon with adjustable time period9 ema and 21 ema script, with background plot. All colors, and settings toggle on and off. Simple but effective. This one has selectable time periods so the ribbon can stay fixed on your desired time scale.
[CT] ATR Ratio MTFThis indicator is an enhanced, multi-timeframe version of the original “ATR ratio” by RafaelZioni. Huge thanks to RafaelZioni for the core concept and base logic. The script still combines an ATR-based ratio (Z-score style reading of where price sits within its recent ATR envelope) with an ATR Supertrend, but expands it into a more flexible trade-decision and visual context tool.
The ATR ratio is normalized so you can quickly see when price is pressing into extended bullish or bearish territory, while the Supertrend defines directional bias and a dynamic support-resistance trail. You can choose any higher timeframe in the settings, allowing you to run the ATR ratio and Supertrend from a larger anchor timeframe while trading on a lower chart.
Upgrades include a full Pine Script v6 rewrite, multi-timeframe support for both the ATR ratio and Supertrend, user-controlled colors for the Supertrend in bull and bear modes, and optional bar coloring so price bars automatically reflect Supertrend direction. Entry, pyramiding and take-profit logic from the original script are preserved, giving you a familiar framework with more control over timeframe, visuals and trend bias.
This indicator is designed to give you a clean directional framework that blends volatility, trend, and timing into one view. The ATR ratio side of the script shows you where price sits inside a recent ATR-based envelope. When the ATR ratio pushes up and sustains above the bullish threshold, it signals that price is trading in an extended, momentum-driven zone relative to recent volatility. When it drops and holds below the bearish threshold, it shows the opposite: sellers have pushed price down into an extended bearish zone. The optional background coloring simply makes these bullish and bearish environments easier to see at a glance.
On top of that, the Supertrend and bar colors tell you what side of the market to favor. The Supertrend is calculated from ATR on whatever timeframe you choose in the settings. If you set the MTF input to a higher timeframe, the Supertrend and ATR ratio become your higher time frame bias while you trade on a lower chart. When price is above the MTF Supertrend, the line uses your bullish color and, if bar coloring is enabled, candles adopt your bullish bar color. That is your “long only” environment: you generally look for buys when price is above the Supertrend and the ATR ratio is either turning up from neutral or already in a bullish zone. When price is below the MTF Supertrend, the line uses your bearish color and candles can shift to your bearish bar color; that is where you focus on shorts, especially when the ATR ratio is rolling over or holding in the bearish zone.
The built-in long and short conditions are meant as signal prompts, not rigid rules. Long signals fire when the ATR ratio crosses up through a positive level while the Supertrend is bullish. Short signals fire when the ATR ratio crosses down through a negative level while the Supertrend is bearish. The script tracks how many longs or shorts have been taken in sequence (pyramiding) and will only allow a new signal up to the limit you set, so you can control how aggressively you stack positions in a trend. The take-profit logic then watches the percentage move from your last entry and flags “TP” when that move has reached your take-profit percent, helping you standardize exits instead of eyeballing them bar by bar.
In practice you typically start by choosing your anchor timeframe for the MTF setting, for example a 1-hour or 4-hour Supertrend and ATR ratio while watching a 5-minute or 15-minute chart. You then use the Supertrend direction and bar colors as your bias filter, only taking signals in the direction of the trend, and you use the ATR ratio behavior to judge whether you are entering into strength, fading an extreme, or trading inside a neutral consolidation. Over time this gives you a consistent way to answer three questions on every chart: which side am I allowed to trade, how extended is price within its recent volatility, and where are my structured entries and exits based on that framework.
Dashboard AIO Pro: RSI, MACD & Stoch RSI [THF]Description:
This indicator provides a comprehensive "All-in-One" Dashboard that monitors three major momentum oscillators: RSI, MACD, and Stochastic RSI. It displays their real-time values and interprets their signals (Buy/Sell/Neutral) in a clean, customizable table directly on your chart.
Key Features:
Consolidated View: Instead of cluttering your chart with three separate indicator panes, this dashboard summarizes the market state in one compact table.
Dynamic Summary: The script calculates an "Overall Trend" based on a voting system. If 2 or more indicators agree on a direction, the summary updates to show a "Strong Trend".
Fully Customizable Colors: Users can customize the colors for Strong Buy, Buy, Sell, Strong Sell, and Neutral states via the settings menu to match their chart theme.
Alerts Included: Built-in alert conditions for "Strong Buy Consensus" and "Strong Sell Consensus".
How it Works (The Logic):
RSI (14):
Value > 70: Considered Overbought (Bearish signal).
Value < 30: Considered Oversold (Bullish signal).
MACD (12, 26, 9):
Bullish: MACD Line > Signal Line AND Histogram is rising.
Bearish: MACD Line < Signal Line AND Histogram is falling.
Stoch RSI (14, 14, 3, 3):
Evaluates K% line position relative to 80/20 levels and crossovers with D% line.
Overall Summary:
The script assigns a score (+1 for Bullish, 0 for Neutral).
If the total score >= 2, the trend is identified as "Uptrend".
If the indicators show divergent signals, the status remains "Ranging".
Settings:
You can change the length of all indicators (RSI, MACD, Stoch).
You can change the table position and text size.
Color Customization: Dedicated section to change the dashboard colors.
Market Regime Flip (Dunk)This indicator is a trend regime flip tool built on top of MACD. Instead of reacting to every little wiggle, it waits for several bars in a row where the MACD stays either above or below zero (by default, 3 consecutive bars). When the MACD has been above zero for 3 bars, it declares a bull regime and marks that bar on the price chart with a green “BULL” triangle above the candle. When the MACD has been below zero for 3 bars, it declares a bear regime and marks that bar with a red “BEAR” triangle below the candle. It also lightly colors the chart background green in bull regimes and red in bear regimes, so you can see at a glance which side of the market you’re in.
In other words, it turns the MACD’s usual “above/below zero” behavior into a clean, slower-changing on/off regime switch. Instead of giving you constant signals, it focuses on the moments where momentum truly shifts and sticks around for a few bars, helping you avoid getting faked out by single-bar noise. The alerts are wired to those flip moments, so you can get notified when the market transitions from bearish to bullish (or vice versa) according to this MACD-based regime logic.
Dr. Barbara Star: Dual Strategies Combined [Merged] - geminiDr. Barbara Star: Dual Strategy Suite (Merged)
Overview
This script integrates two distinct but complementary trading methodologies developed by Dr. Barbara Star: "Capture Direction & Momentum" and "Profit with Dual Oscillators & Bands." While both strategies utilize price channels to filter noise, they approach entry and exit timing from different angles—one focusing on momentum shifts (Stochastic/EMA) and the other on cyclical price deviations (DPO/Bollinger Bands).
This tool allows the user to run either strategy independently or combine them to find high-confluence setups where momentum and cyclical structure align.
Strategy A: Capture Direction & Momentum
Source: Capture Direction And Momentum
1. Purpose & Theory
The goal of this method is to filter out the "noise" of choppy markets and identify the specific point where price direction aligns with momentum strength. It moves away from trying to catch exact tops or bottoms and instead focuses on catching the "meat" of the trend (continuation).
2. Implementation
Structure (The Channel): A 13-period SMA of the Highs and Lows creates a "No Trade Zone". When price is inside this channel, the market is considered directionless.
Direction (5 EMA): A fast 5-period EMA acts as a directional trigger. When it breaks outside the SMA channel, it signals acceleration.
Momentum (Modified Stochastic): A Slow Stochastic (14,2) is used, but with a crucial modification: the overbought/oversold levels are shifted to 40 and 60 (instead of 20/80).
3. How to Use It
The "Trend Zones" (Background Colors):
Green Background (Bullish): The 5 EMA is above the channel AND the Stochastic is > 60. This is the "Go" zone.
Red Background (Bearish): The 5 EMA is below the channel AND the Stochastic is < 40.
Yellow Background: The "No Trade Zone." The price is consolidating, or the indicators disagree.
The Continuation Signal (Marked by "U" or "D"):
Why it matters: This is the most powerful setup in the system. It detects when price pulls back (retracement) but momentum remains strong.
The Signal: If the 5 EMA dips back into the SMA channel (weakness) but the Stochastic stays above 60 (strength), a blue "U" (Up) marker appears. This indicates the pullback is likely a buying opportunity, not a reversal. Conversely, a yellow "D" appears in downtrends if Stoch stays below 40.
Exits (Marked by "X"):
Signals to take profit when the 5 EMA closes back inside the channel and the Stochastic crosses back into the neutral 40–60 zone.
Strategy B: Dual Oscillators & Bands
Source: Profit With Dual Oscillators & Bands
1. Purpose & Theory
This strategy uses "Dual Bollinger Bands" to define the volatility structure of the trend and "Dual Detrended Price Oscillators" (DPO) to time the entries based on cycle shifts.
2. Implementation
Structure (Dual Bands):
Inner Bands (1 SD): These define the "Trend Channel." Strong trends tend to ride between the 1 SD and 3 SD bands.
Outer Bands (3 SD): These represent extremes (containing 99.5% of price action). Hits here often signal exhaustion.
Timing (Dual DPOs):
Long Oscillator (DPO 20): Identifies the broader trend direction (Positive = Bullish).
Short Oscillator (DPO 9): Identifies shorter-term timing and potential divergences.
3. How to Use It
Identifying the Trend State:
Strong Uptrend: Price holds above the Upper Inner Band (1 SD).
Strong Downtrend: Price holds below the Lower Inner Band (1 SD).
Transition/Neutral: Price is stuck between the Upper and Lower Inner bands.
Entry Signals (Triangles on Chart & Circles in Pane):
Aggressive Entry: When the fast DPO 9 crosses zero. This signals early momentum shifts.
Conservative Entry: Wait for the slow DPO 20 to cross zero, confirming the broader trend has shifted.
Visuals: The script plots triangles on the main chart when these cross. In the lower pane, a Blue Circle indicates a bullish cross and a Yellow Circle indicates a bearish cross.
Continuation Setup:
Similar to Strategy A, look for moments where the DPO 9 dips below zero (pullback) while the DPO 20 remains above zero (trend intact). This is often a reload opportunity.
Combined Mode: The "Power Couple"
When selecting "Both" in the settings, the indicator merges these tools for maximum confirmation:
Visual filtering: The lower pane automatically scales the DPO lines to fit inside the 0–100 Stochastic range (centering the DPO zero line at 50). This allows you to read both momentum and cycles in a single glance.
Confluence Trading:
Look for the Background to turn Green (Strategy A Trend) coincident with a Blue Triangle/Circle (Strategy B Momentum Cross).
Use the Inner Bollinger Bands (Strategy B) as your trailing stop-loss while riding the SMA Channel (Strategy A) trend.
Reference Settings
Strategy A: SMA Channel (13), EMA (5), Stochastic (14, 2, 40/60 levels).
Strategy B: Bollinger Bands (20 SMA, 1.0 & 3.0 deviations), DPO (9 & 20).
Sources: of the methodologies
1-Stocks & Commodities V. 32:7 (10-16): Profit With Dual Oscillators & Bands by Barbara Star, PhD
2-Stocks & Commodities V. 43:12 (8–12): Capture Direction And Momentum by Barbara Star, PhD
MSS + Multi FVG TrackerMSS + Multi FVG Tracker
Description
An advanced institutional trading tool that combines Market Structure Shift (MSS) detection with multi-level Fair Value Gap (FVG) tracking. This indicator identifies breakouts of previous swing highs/lows on higher timeframes, then systematically tracks and validates multiple FVGs within each trend direction, generating precise entry signals when price respects the gap structure.
How It Works
Higher Timeframe Trend Detection
The indicator analyzes a higher timeframe (default 15-minute) to determine the overall bias, displaying background colors that show bullish or bearish directionality. This ensures you only trade with institutional trend direction.
Market Structure Shift (MSS/BOS)
When price closes above a previous swing high (in uptrends) or below a previous swing low (in downtrends), a BOS (Break of Structure) is marked with a line and label. This signals that the institutional structure has shifted and a new trend impulse is beginning.
Multi-Level FVG Tracking
Once an MSS occurs:
The indicator begins scanning for Fair Value Gaps (gaps between candles where no trading occurred)
Bullish FVGs: Gaps above the closing price of a bearish candle (low > high )
Bearish FVGs: Gaps below the closing price of a bullish candle (high < low )
Multiple FVGs are tracked simultaneously (up to 5 configurable) across the same impulse
Intelligent FVG Validation
Each FVG is continuously monitored:
Invalidated: If price closes through the gap (below a bullish FVG or above a bearish FVG), it's automatically deleted
Touched: If price enters the gap zone, it's marked as "touched"
Signal Generated: When a touched FVG shows strong directional confirmation (bullish candle closing above the FVG top, or bearish candle closing below the FVG bottom), a LONG or SHORT signal is triggered
Key Features
HTF Trend Confirmation: Only trades aligned with higher timeframe bias (eliminates counter-trend noise)
Multi-FVG Architecture: Tracks up to 5 gaps per trend impulse simultaneously
Automatic Gap Invalidation: Removes FVGs that break below/above, keeping only valid levels
Smart Signal Generation: Entry signals require both FVG respect + directional confirmation
Color-Coded Structure: Bullish signals in green, bearish in red with instant visual clarity
Background Trend Visualization: Subtle background shading shows HTF bias at all times
Customizable Parameters: Adjust swing period, HTF timeframe, and max FVGs to track
Ideal For
ICT Smart Money traders using FVG + MSS methodologies
Institutional order flow analysts trading market structure
Multi-timeframe traders looking for confluence-based entries
Scalpers to swing traders on 5-minute to 1-hour charts
Anyone seeking high-probability setups with clear invalidation rules
Trading Applications
Scalp FVG reversals: Enter when price respects a touched FVG with confirmation
Trade impulses with structure: Follow MSS with FVG confluence for institutional-grade entries
Identify pullback opportunities: Track multiple FVGs during retracements for re-entry zones
Confirm breakout validity: Only take breaks when aligned with HTF trend + FVG structure
Avoid false breakouts: Invalidated FVGs signal that the move is losing structure
How to Use
Wait for the MSS: Background color shift + BOS line confirms market structure break
Monitor FVG Creation: Boxes appear as gaps form within the new impulse
Watch for Invalidation: Red boxes disappear if price breaks the gap—signal invalid
Wait for Touch + Confirmation: FVG must be touched AND show strong directional candle
Take the Signal: Triangle entry markers appear with audio/visual alerts
Clear Risk Management: Use the invalidated FVG level as your stop loss
Signal Strength Indicators
Strongest Setup: Multiple FVGs created + one respects while others invalidate (shows structure)
Medium Setup: Single FVG touched and confirmed
Weaker Setup: Quick touch with weak confirmation candle (wait for better structure)
Customization Options
HTF Timeframe: Change from 15-min to 5, 30, 60 min or higher for different trading styles
Swing Period: Adjust from 10 bars for faster detection to 20+ for structural shifts
Max FVGs: Track 1-5 simultaneous gaps (lower = cleaner, higher = more opportunities)
Colors: Customize bullish/bearish colors to match your chart theme
Default Settings Optimized For
NASDAQ futures and liquid forex pairs
5-minute to 1-hour timeframe trading
Smart Money / ICT methodology
High-probability impulse + gap trading
Pro Tips
The cleaner your chart (fewer invalidated FVGs), the stronger the structural move
Multiple valid FVGs in one impulse suggest institutional accumulation/distribution
HTF background color changes are early warnings of trend structure shift
Best setups occur when 2-3 FVGs exist and one shows clear confirmation
Equal Highs/Lows Multi-Pivot [Julio]Equal Highs/Lows Multi-Pivot
Description
A sophisticated multi-timeframe pivot analysis tool that detects and highlights equal highs and equal lows across four different pivot lengths simultaneously. This indicator identifies price levels where the market creates identical extremes, a powerful signal of institutional support/resistance and potential reversal or breakout zones.
How It Works
Four Independent Pivot Streams
Pivot 1 (Intraday - 2 bars): Ultra-fast level detection for scalpers
Pivot 2 (Session - 4 bars): Short-term swing levels
Pivot 3 (Daily - 6 bars): Medium-term structural levels
Pivot 4 (Weekly - 9 bars): Long-term institutional levels
Equal High (EQH) Detection
Compares consecutive swing highs and draws a line when two highs are nearly identical within a defined threshold. The indicator uses ATR-based confluence to determine "equality," filtering out noise while catching true market structure.
Equal Low (EQL) Detection
Same logic applied to swing lows, identifying support zones where price repeatedly fails to break below previous lows.
Key Features
Four Simultaneous Timeframes: Analyze intraday, session, daily, and weekly structures all on one chart
ATR-Based Confluence Threshold: Automatically adjusts sensitivity based on current volatility (no fake signals)
Color-Coded Levels: Each pivot length has distinct colors for instant visual identification
Highs: Red, Orange, Yellow, Fuchsia
Lows: Green, Blue, Aqua, Purple
Confirmation Mode: Optional setting to wait for full pivot confirmation before marking levels
Customizable Alert Zones: Toggle individual pivot lengths on/off to reduce clutter
Smart Label Positioning: Labels auto-center between the two equal pivots for clarity
Ideal For
Swing traders tracking support/resistance across multiple timeframes
Scalpers identifying micro-structure for quick entries and exits
Market structure analysts studying institutional price action patterns
Multi-timeframe traders needing confluence from intraday to weekly levels
Anyone trading 1-minute to 4-hour charts
Trading Applications
Identify strong support/resistance zones: Equal levels = confirmed institutional levels
Confirm trend reversals: Multiple equal lows = strong accumulation zone; multiple equal highs = distribution
Plan entries with precision: Enter near equal levels for higher probability setups
Detect liquidity concentration: Where price repeatedly tests the same level
Multi-timeframe confluence: Look for equal levels across multiple pivot lengths for ultra-strong zones
How to Use
Identify the equal levels: Color-coded lines instantly show where price creates matching extremes
Check for confluence: Strong setups occur where multiple pivot lengths align
Wait for price action: Watch for breakouts through equal levels or reversals at these zones
Enter with structure: Use equal levels as entry/exit triggers combined with your trading methodology
Manage with confidence: These levels mark institutional decision points
Customization Options
Adjust pivot lengths to match your preferred timeframe structure
Set ATR threshold sensitivity (lower = stricter equality, higher = more signals)
Toggle confirmation mode for additional filter
Enable/disable individual pivot streams to reduce visual clutter
Customize colors to match your chart theme
Default Settings Optimized For
NASDAQ futures and liquid forex pairs
Intraday and swing trading (1-minute to 4-hour charts)
Smart Money / ICT trading methodologies
Volatility-adjusted confluence detection
21-50-100 EMA Crossover indicatorSimple EMA crossover indicator visualizing 21-50-100 EMA crossovers.
Asia & London Session Boxes (NY Time) + 4H SwingsAsia & London Session Boxes + 4H Swings
Description
A multi-timeframe session analysis tool designed for forex and futures traders operating on NY time. This indicator visualizes major trading sessions with automatic high/low range boxes while simultaneously tracking 4-hour swing levels, giving you a complete picture of institutional trading activity and key price levels.
How It Works
Session Boxes (NY Time Zone)
Asia Session (20:00 – 00:00 NY): Blue-shaded box marking the complete range from open to close
London Session (02:00 – 06:00 NY): Yellow-shaded box capturing the high-volatility London open
Each session box automatically records the highest high and lowest low during that timeframe, providing instant reference for session extremes and potential supply/demand zones.
4-Hour Swing Levels
Detects swing highs and lows on a 30-minute timeframe for ultra-responsive level identification
Red lines: Swing highs (resistance levels)
Green lines: Swing lows (support levels)
Lines extend to the right for continuous monitoring
Auto-removes touched levels: When price breaches a swing, it automatically deletes that level to keep your chart clean and focused on active levels
Key Features
Session-Based Trading Analysis: Identify which session created important price levels and ranges
Multi-Timeframe Architecture: Analyzes 30-minute swings while tracking 4-hour patterns on your current chart
Smart Level Cleanup: Touched swings automatically remove themselves, eliminating clutter
NY Time Conversion: All times automatically adjust to your NY timezone for consistency
Institutional Perspective: View exactly where institutions are trading during major session hours
Zero Lag Detection: Real-time identification of swing extremes
Ideal For
Forex traders (especially EUR/USD, GBP/USD) targeting session breakouts
Scalpers and swing traders needing precise support/resistance levels
Market structure traders analyzing institutional price action
Session traders looking to trade Asia/London opens
1-minute to 4-hour timeframe charts
Trading Applications
Trade Asia session breakouts into London
Identify liquidity zones from previous sessions
Detect swing extremes for entry/exit planning
Confirm trend direction using multi-session structure
Find support/resistance on intraday pullbacks
Default Settings Optimized For
NASDAQ futures and forex pairs
Scalping and short-term swing trading
NY timezone trading (automatically converts UTC-4)
30-minute swing detection for precise level identification
Daily Oversold Swing ScreenerThat script is a **Pine Script Indicator** designed to identify potential **swing trade entry points** on a daily timeframe by looking for stocks that are **oversold** but still in a **healthy long-term uptrend**.
It screens for a high-probability reversal setup by combining four specific technical conditions.
Here is a detailed breakdown of the script's purpose and logic:
---
## 📝 Script Description: Daily Oversold Swing Screener
This Pine Script indicator serves as a **momentum and trend confirmation tool** for active traders seeking short-to-intermediate-term long entries. It uses data calculated on the **Daily** timeframe to generate signals, regardless of the chart resolution you are currently viewing.
The indicator is designed to filter out stocks that are in a strong downtrend ("falling knives") and only signal pullbacks within an established uptrend, which significantly increases the probability of a successful swing trade bounce.
### 🔑 Key Conditions for a Signal:
The indicator generates a buy signal when **all four** of the following conditions are met on the Daily timeframe:
#### 1. Oversold Momentum
* **Condition:** `rsiD < rsiOS` (Daily RSI is below the oversold level, typically **30**).
* **Purpose:** Confirms that the selling pressure has been extreme and the stock is temporarily out of favor, setting up a potential bounce.
#### 2. Momentum Turning Up
* **Condition:** `rsiD > rsiPrev` (Current Daily RSI value is greater than the previous day's Daily RSI value).
* **Purpose:** This is the most crucial filter. It confirms that the momentum has **just started to shift upward**, indicating that the low may be in and the stock is turning away from the oversold region.
#### 3. Established Uptrend (No Falling Knives)
* **Condition:** `sma50 > sma200 and closeD > sma50` (50-day SMA is above the 200-day SMA, AND the current daily close is above the 50-day SMA).
* **Purpose:** This is a **long-term trend filter**. It ensures that the current oversold condition is just a **pullback** within a larger, structurally bullish market (50 > 200), and that the price is still holding above the short-term trend line (Close > 50 SMA). This effectively screens out weak stocks in continuous downtrends.
#### 4. Price at Support (Bollinger Bands)
* **Condition:** `closeD <= lowerBB` (Daily Close is less than or equal to the lower Bollinger Band).
* **Purpose:** Provides a secondary measure of extreme price deviation. When the price touches or breaches the lower band, it suggests a significant move away from the mean (basis), often signaling strong statistical support where price is likely to revert.
### 📌 Summary of Signal
The final signal (`signal`) is triggered only when the market is confirmed to be **in a healthy long-term trend (Condition 3)**, the price is at an **extreme support level (Condition 4)**, the momentum is **oversold (Condition 1)**, and most importantly, the **momentum has begun to reverse (Condition 2)**.
SPY EMA + VWAP Day Trading Strategy (Market Hours Only)//@version=5
indicator("SPY EMA + VWAP Day Trading Strategy (Market Hours Only)", overlay=true)
// === Market Hours Filter (EST / New York Time) ===
nySession = input.session("0930-1600", "Market Session (NY Time)")
inSession = time(timeframe.period, "America/New_York") >= time(nySession, "America/New_York")
// EMAs
ema9 = ta.ema(close, 9)
ema21 = ta.ema(close, 21)
// VWAP
vwap = ta.vwap(close)
// Plot EMAs & VWAP
plot(ema9, "EMA 9", color=color.green, linewidth=2)
plot(ema21, "EMA 21", color=color.orange, linewidth=2)
plot(vwap, "VWAP", color=color.blue, linewidth=2)
// ----------- Signals -----------
long_raw = close > ema9 and ema9 > ema21 and close > vwap and ta.crossover(ema9, ema21)
short_raw = close < ema9 and ema9 < ema21 and close < vwap and ta.crossunder(ema9, ema21)
// Apply Market Hours Filter
long_signal = long_raw and inSession
short_signal = short_raw and inSession
// Plot Signals
plotshape(long_signal,
title="BUY",
style=shape.labelup,
location=location.belowbar,
color=color.green,
size=size.small,
text="BUY")
plotshape(short_signal,
title="SELL",
style=shape.labeldown,
location=location.abovebar,
color=color.red,
size=size.small,
text="SELL")
// Alerts
alertcondition(long_signal, title="BUY Alert", message="BUY Signal (Market Hours Only)")
alertcondition(short_signal, title="SELL Alert", message="SELL Signal (Market Hours Only)")
Ultimate AIO Scalper & Trend PRO [THF] V2.0This is a comprehensive "All-In-One" trading suite designed to identify high-probability setups by combining **Trend Following**, **Price Action (FVG)**, and **Ichimoku Cloud** systems.
The indicator is designed to be "Ready-to-Trade" out of the box, with all major confluence filters active by default. It helps traders avoid false signals by ensuring that momentum, trend, and support/resistance levels are in alignment.
### 🛠️ Key Features & Components:
**1. Trend & Scalp Engine:**
* **Scalp Signals:** Fast EMA crossovers (7/21) for quick entries.
* **Trend Filter:** Signals are filtered by a long-term SMA (200) to ensure you are trading with the dominant trend.
* **Golden/Death Cross:** Automatically highlights major trend shifts (SMA 50 crossing SMA 200).
**2. Price Action (Fair Value Gaps):**
* **FVG Detection:** Highlights unmitigated Bullish and Bearish imbalance zones. These act as high-probability targets or re-entry zones.
* **Dashboard:** A built-in panel tracks the number of active vs. mitigated gaps.
* **Mitigation Lines:** Automatically draws lines when price tests an FVG level.
**3. Ichimoku Cloud Overlay:**
* Displays the full Ichimoku system (Tenkan, Kijun, and Kumo Cloud) to identify dynamic support/resistance and trend strength.
* **Usage:** Perfect for confirming breakout signals when price is above/below the Cloud.
**4. Momentum & Volume:**
* **Volume Coloring:** Bars are colored based on relative volume strength.
* **RSI & MACD:** Integrated buy/sell signals to spot overbought/oversold conditions instantly.
### 🎯 How to Trade (Confluence Strategy):
The power of this script lies in **Confluence** (multiple indicators agreeing):
* **Buy Setup:**
1. Price is above the **Ichimoku Cloud** and **SMA 200**.
2. Wait for a **"SCALP BUY"** signal or **"Trend BUY"** label.
3. Confirm that price is reacting to a **Bullish FVG** (Green Box).
4. **RSI/MACD** should show bullish momentum.
* **Sell Setup:**
1. Price is below the **Ichimoku Cloud** and **SMA 200**.
2. Wait for a **"SCALP SELL"** signal.
3. Confirm rejection from a **Bearish FVG** (Red Box).
---
**CREDITS & ATTRIBUTION:**
* **Fair Value Gap Logic:** This script utilizes the open-source FVG calculation method originally developed by **LuxAlgo**. We have integrated this logic with our custom trend system to provide a complete trading view.
* **Trend Logic:** Custom compilation of Moving Average crossovers and Ichimoku standard calculations.
*Disclaimer: This tool is for educational purposes only. Always manage your risk.*
Wyckoff + VSA Ultimate - Complete Market Analysis
**Wyckoff + VSA Ultimate** combines three proven methodologies into one powerful indicator:
🔷 **Wyckoff Method** - Identifies market accumulation and distribution phases
🔷 **Volume Spread Analysis** - Confirms moves with volume and price spread
🔷 **Random Walk Index** - Validates trend strength and direction
**MAIN SIGNALS:**
📊 **Wyckoff Signals** (Green = Bullish, Red = Bearish)
• SC (Selling Climax) - Major buying opportunity
• BC (Buying Climax) - Major selling opportunity
• AR (Automatic Rally) - Confirms accumulation
• DAR (Automatic Reaction) - Confirms distribution
• ST (Secondary Test) - Final test before move
📊 **VSA Patterns**
• Upthrust bars (weakness after rally)
• Reverse upthrust (strength after decline)
• No demand/supply bars
• Stopping volume
• Effort failures
**KEY FEATURES:**
✅ Multiple signal confirmation reduces false signals
✅ Real-time info table shows phase, volume, trends
✅ Dynamic stop loss levels calculated automatically
✅ Accumulation/Distribution boxes on chart
✅ Customizable filters for your trading style
✅ 12 alert conditions for all major signals
**HOW TO USE:**
For Swing Trading (4H/Daily):
1. Enable "Require VSA Confirmation"
2. Wait for SC or BC signals
3. Use displayed stop levels
4. Target next opposite phase
For Day Trading (15m/1H):
1. Enable "Require Trend Confirmation"
2. Trade only trend-aligned signals
3. Increase volume threshold to 1.5
4. Use tighter risk management
**BEST FOR:**
✅ Stocks (high volume)
✅ Forex majors
✅ Crypto (BTC, ETH)
✅ Index futures
**SETTINGS:**
Customize everything:
• RSI & Pivot parameters
• Volume & Spread analysis
• Trend periods (RWI)
• Signal filters
• Visual display options
**ALERTS:**
Pre-configured alerts for:
• All Wyckoff signals
• VSA reversals
• Strong buy/sell combinations
**Credits:** Integrates Wyckoff (faytterro) and VSA (theehoganator) methods.
**Disclaimer:** Educational purposes only. Use proper risk management. Past performance doesn't guarantee future results.
---
Pine Script™ v6
---
CriptoAlert AutoPlot (parser robusto)CriptoAlert AutoPlot is a utility indicator designed for traders who receive structured trading signals and want to automatically plot entry zones, targets, and stop levels on their TradingView chart — without manually drawing horizontal lines.
This tool is ideal for users of Cripto.Alert or any trading methodology that outputs price levels in text format.
How It Works
Paste your full text-based trading signal into the input box, and the indicator automatically:
Parses the text
Extracts the following price levels:
Entry Min
Entry Max
Target 1
Target 2
Target 3
Stop
Draws horizontal dotted lines corresponding to each level
Adjusts dynamically whenever you replace the signal text
Allows you to hide all lines instantly using the “Clear values” toggle
Lines behave exactly like native TradingView horizontal lines — they stay fixed to price regardless of zoom level or time frame.
Supported Input Format
Paste the full signal in a single line or multi-line format.
The parser is flexible and recognizes the standard Cripto.Alert structure:
Entrada: 0.882438 até 1.029428
Alvos:
1- 0.560266 (41.39%)
2- 0.362432 (62.09%)
3- 0.164599 (82.78%)
Stop: 1.100001 (15.07%)
You may also place everything on one line:
Entrada: 0.882438 até 1.029428 Alvos: 1- 0.560266 | 2- 0.362432 | 3- 0.164599 Stop: 1.100001
Example of Extracted Values
After parsing, the indicator internally produces:
Entry Min: 0.882438
Entry Max: 1.029428
Target 1: 0.560266
Target 2: 0.362432
Target 3: 0.164599
Stop: 1.100001
These values are plotted automatically.
Features
Automatic parsing of trading signal text
Horizontal dotted lines with adjustable opacity
Layout-friendly design
Clear-all option for quick chart cleanup
Works on any market and any timeframe
Reliable even when zooming or scaling the chart
Ideal For
Cripto.Alert users
Professional and retail traders
Swing traders and scalpers using multiple price levels
Educators who want clean chart templates for teaching
Anyone who frequently plots multiple horizontal levels manually
Limitations
Only parses numbers in the standard Cripto.Alert signal format
Does not calculate risk/reward or validate signal quality
Does not provide buy/sell recommendations
This indicator is purely a visual aid to speed up your charting workflow.
NQUSB Sector Industry Stocks Strength
A Comprehensive Multi-Industry Performance Comparison Tool
The complete Pine Script code and supporting Python automation scripts are available on GitHub:
GitHub Repository: github.com
Original idea from by www.tradingview.com
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═══ WHAT'S NEW ═══
4-Level Hierarchical Navigation:
Primary: All 11 NQUSB sectors (NQUSB10, NQUSB15, NQUSB20, etc.)
Secondary (Default): Broad sectors like Technology, Energy
Tertiary: Industry groups within sectors
Quaternary: Individual stocks within industries (37 semiconductors)
Enhanced Stock Coverage:
1,176 total stocks across 129 industries
37 semiconductor stocks
Market-cap weighted selection: 60% tech / 35% others
Range: 1-37 stocks per industry
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
═══ CORE FEATURES ═══
1. Drill-Down/Drill-Up Navigation
View NVDA at different granularity levels:
Quaternary: ● NVDA ranks #3 of 37 semiconductors
Tertiary: ✓ Semiconductors at 85% (strongest in tech hardware)
Secondary: ✓ Tech Hardware at 82% (stronger than software)
Primary: ✓ Technology at 78% (#1 sector overall)
Insight: One indicator, one stock, four perspectives - instantly see if strength is stock-specific, industry-specific, or sector-wide.
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2. Visual Current Stock Identification
Violet Markers - Instant Recognition:
● (dot) marker when current stock is in top N performers
✕ (cross) marker when current stock is below top N
Violet color (#9C27B0) on both symbol and value labels
Example: "NVDA ● ranks #3 of 37"
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3. Rank Display in Title
Dynamic title shows performance context:
"Semiconductors (RS Rating - 3 Months) | NVDA ranks #3 of 37"
#1 = Best performer, higher number = lower rank
Total adjusts if current stock auto-added
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4. Auto-Add Current Stock
Always Included:
Current stock automatically added if not in predefined list
Example: Viewing PRSO → "PRSO ranks #37 of 39 ✕"
Works for any stock - from NVDA to obscure small-caps
Violet markers ensure visibility even when ranked low
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═══ DUAL PERFORMANCE METRICS ═══
RS Rating (Relative Strength):
Normalized strength score 1-99
Compare stocks across different price ranges
Default benchmark: SPX
% Return:
Simple percentage price change
Direct performance comparison
11 Time Periods:
1 Week, 2 Weeks, 1 Month, 2 Months, 3 Months (Default) , 6 Months, 1 Year, YTD, MTD, QTD, Custom (1-500 days)
Result: 22 analytical combinations (2 metrics × 11 periods)
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═══ USE CASES ═══
Sector Rotation Analysis:
Is NVDA's strength semiconductors-specific or tech-wide?
Drill through all 4 levels to find answer
Identify which industry groups are leading/lagging
Finding Hidden Gems:
JPM ranks #3 of 13 in Major Banks
But Financials sector weak overall (68%)
= Relative strength play in weak sector
Cross-Industry Comparison:
129 industries covered
Market-wide scan capability
Find strongest performers across all sectors
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═══ TECHNICAL SPECIFICATIONS ═══
V32 Stats:
Total Industries: 129
Total Stocks: 1,176
File Size: 82,032 bytes (80.1 KB)
Request Limit: 39 max (Semiconductors), 10-16 typical
Granularity Levels: 4 (Primary → Quaternary)
Smart Stock Allocation:
Technology industries: 60% coverage
Other industries: 35% coverage
Market-cap weighted selection
Formula: MIN(39, MAX(5, CEILING(total × percentage)))
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═══ KEY ADVANTAGES ═══
vs. Single Industry Tools:
✓ 129 industries vs 1
✓ Market-wide perspective
✓ Hierarchical navigation
✓ Sector rotation detection
vs. Manual Comparison:
✓ No ETF research needed
✓ Instant visual markers
✓ Automatic ranking
✓ One-click drill-down
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For complete documentation, Python automation scripts, and CSV data files:
github.com
Version: V32
Last Updated: 2025-11-30
Pine Script Version: v5
Clean Industry DataClean Industry Data – Overview
Clean Industry Data is a utility tool designed to give traders an instant, structured view of key fundamental and volatility metrics directly on the chart. The script displays a compact, customizable information panel containing:
Industry & Sector
Market Cap and Free-Float Market Cap
Free-Float Percentage
Average Daily Rupee Volume
Relative Volume (R.Vol) based on daily volume
% from 10 / 21 / 50 EMAs (calculated on daily closes)
ADR (14-day) with threshold-based indicators
ATR (current timeframe) with colour-coded risk cues
All volume-based statistics are anchored to daily data, ensuring the values remain consistent across all timeframes. The display table supports flexible positioning, custom background/text colours, and adjustable text size.
This script is ideal for traders who want a quick, accurate snapshot of a stock’s liquidity, volatility, and broader classification — without digging through multiple menus or external sources.
VIX vs VIX1Y SpreadSpread Calculation: Shows VIX1Y minus VIX
Positive = longer-term vol higher (normal contango)
Negative = near-term vol elevated (inverted term structure)
Can help identify longer term risk pricing of equity assets.






















