Dynamic Volume Based Key Price LevelsDescription
This indicator introduces a volume-based approach to detecting support and resistance zones.
Instead of relying on price swings or pivots, it analyzes where the most trading activity occurred within a selected lookback period, then marks those levels directly on the chart.
The result is a clear visual map of price areas with strong historical participation, which often act as reaction zones in future moves.
How It Works
The script divides the analyzed range into price bins, sums traded volume for each bin, and highlights the strongest levels based on their share of total volume.
It also includes an optional multi-timeframe mode, allowing traders to analyze higher timeframe volume structures on a lower timeframe chart.
Key Features
🔹 Volume-Based Key Levels Detection: Finds statistically meaningful price zones derived from raw volume data.
🔹 Multi-Timeframe Mode: Optionally use higher timeframe volume to identify key market structure levels.
🔹 Visual Customization: Configure colors, line styles, transparency, and label formatting.
🔹 Automatic Ranking: Highlights the strongest to weakest levels using a color gradient.
🔹 Dynamic Updates: Levels adapt automatically as new bars form.
Inputs Overview
Lookback Bars: Number of historical bars used for analysis.
Price Bins: Defines the precision of volume distribution.
Number of Lines: How many key levels to display.
Min Volume %: Filters out less relevant low-volume bins.
Extend Lines: Choose how lines are projected into the future.
Use Higher Timeframe: Pull data from a higher timeframe for broader perspective.
How to Use
Apply the indicator to your chart and adjust the lookback period.
Optionally enable higher timeframe mode for more stable long-term zones.
Observe the horizontal lines — these represent volume-weighted support and resistance areas.
Combine with your existing tools for trend or momentum confirmation.
This tool helps visualize where market participation was strongest, giving traders a clearer view of potential reaction zones for both intraday and swing analysis.
It’s intended as a visual analytical aid, not a signal generator.
⚠️Disclaimer:
This script is provided for educational and informational purposes only. It is not financial advice and should not be considered a recommendation to buy, sell, or hold any financial instrument. Trading involves significant risk of loss and is not suitable for every investor. Users should perform their own due diligence and consult with a licensed financial advisor before making any trading decisions. The author does not guarantee any profits or results from using this script, and assumes no liability for any losses incurred. Use this script at your own risk.
インジケーターとストラテジー
HTF Candles Pro (Murshid FX) - Multi-Timeframe AnalysisHTF Candles Pro - Professional Higher Timeframe Analysis Tool
🎯 OVERVIEW:
Display Higher Timeframe (HTF) candles directly on your chart for multi-timeframe
analysis without switching between charts.
✨ KEY FEATURES:
• Dual HTF System - View two different timeframes simultaneously
• Sweep Detection - Identify liquidity sweeps and stop hunts
• Midpoint Lines - Automatic 50% retracement levels
• Session Opens - Track 30m, 4H, Day, Week, Month opening prices
• Interval Separators - Visual boundaries for HTF periods
• Smart Time Labels - Auto-formatted based on timeframe
• Live Dashboard - Real-time countdown and session info
• Custom Watermark - Personalize your charts
📊 PERFECT FOR:
• Multi-timeframe traders
• Market structure analysis
• Session open tracking
• Support/resistance identification
• Professional chart analysis
⚙️ FULLY CUSTOMIZABLE:
• All features can be enabled/disabled independently
• Customizable colors, styles, and positioning
• Optimized default settings
• Clean, professional appearance
💡 HOW TO USE:
1. Add indicator to your chart
2. Enable desired features in settings
3. Adjust colors and styles to match your theme
4. Customize candle count and positioning
⚠️ DISCLAIMER:
This indicator is for educational and analysis purposes only.
Not financial advice. Trading involves risk. Use proper risk management.
📌 Version 2.3 - Latest stable release
🏷️ Created by Murshid FX
SZO - Signal Zone Oscillator ## Signal Zone Oscillator - SZO
**Created by:** @TraderCurses
**Version:** 1.0 (October 2025)
### ▌ OVERVIEW
The Signal Zone Oscillator (SZO) is a comprehensive momentum tool designed to provide a clearer, more nuanced view of market dynamics. It synthesizes three of the most powerful classic indicators—RSI, a unique MACD Ratio, and the Stochastic oscillator—into a single, unified signal.
The indicator's core feature is the **"Signal Zone"**: a colored area between the main oscillator line and its moving average filter. This zone makes it incredibly easy to visualize shifts in momentum, trends, and potential entry/exit points.
### ▌ KEY FEATURES
* **Composite Formula:** Combines RSI, MACD Ratio, and Stochastic using a weighted average to measure underlying market momentum.
* **The Signal Zone:** The flagship feature. The area between the SZO line and its filter is colored **green** in a bullish context (SZO above filter) and **red** in a bearish context (SZO below filter).
* **Dynamic Coloring:** Both the main SZO line and its filter change color dynamically, providing instant feedback on direction and strength.
* **Zero-Line Reference:** A dashed zero line acts as a classic equilibrium level, helping to confirm stronger bullish or bearish momentum.
* **Fully Customizable:** Every parameter is adjustable. You can change the lengths, sources, and even the weights of the core indicators from the settings menu.
* **Built-in Alerts:** Comes with pre-configured alerts for crossovers of the filter and the zero line, allowing you to automate your monitoring.
### ▌ HOW TO USE IT
The SZO provides several clear signals for traders:
1. **Bullish Signal:**
* The SZO line crosses **above** its filter.
* The Signal Zone turns **green**.
* A cross above the zero line can be used as further confirmation of strong bullish momentum.
2. **Bearish Signal:**
* The SZO line crosses **below** its filter.
* The Signal Zone turns **red**.
* A cross below the zero line can be used as further confirmation of strong bearish momentum.
3. **Divergences:**
* Like any oscillator, look for divergences between the SZO's peaks/troughs and the price action to spot potential reversals.
This tool is designed for traders who want to cut through the noise and get a clear, actionable signal from multiple momentum sources at once. Happy trading!
ATEŞ-19 TARAMA MODÜLÜ)This published scanning module is intended for support and educational purposes only.
It does not constitute investment advice under any circumstances.
You should make your buy and sell decisions based on your own strategies and risk management.
This module may be used as a supportive tool to assist in your investment process.
Global Liquidity Tracker (Open Data)This indicator displays a global liquidity and money supply estimate (M2), aggregated across major economies such as the United States, Eurozone, China, Japan, and the United Kingdom.
It provides a simple way to visualize global monetary expansion and contraction trends, helping identify key macroeconomic liquidity cycles.
Data is derived from public economic indicators available on TradingView and updated automatically.
Smart Money Panel By: arisutiknoKEY FEATURES:
✅ Smart Money Detection - Automatic Order Blocks Detection
✅ Full Customization - All colors can be customized
✅ Clean Panel Design - Professional and informative look
✅ Real-time Signals - Actionable trading signals
✅ Multiple Signal Types - BUY/SELL AT OB, NEAR ZONE, WAITING
✅ Custom Signal Colors - Signal colors can be set separately
Makes it easier to make decisions. Good Luck Brooo
FVG - Sweep [TradeWithRon]FVG – Sweep - A multi-layer liquidity and imbalance detection system designed to help traders identify high-probability zones where price is likely to react.
🔍 Overview
This indicator combines Sweep Detection , Fair Value Gap (FVG) logic, and Change in State of Delivery (CISD) confirmation into a single streamlined tool. It helps traders visually connect liquidity grabs, displacement imbalances, and continuation or reversal opportunities — all in one chart.
⚙️ How It Works
1. Sweep Detection (Liquidity Grabs)
Detects when price takes liquidity above a previous high or below a previous low, then rejects it.
Alerts trigger when a bullish or bearish sweep is confirmed.
2. CISD Confirmation (Change in State of Delivery)
Identifies structural shifts using candle body direction and previous swing breaks.
Confirms when price transitions from expansion to contraction or vice versa.
CISD alerts notify when new shifts occur on any selected timeframe.
3. Fair Value Gap (FVG) Detection
Automatically highlights the first valid FVG following a confirmed sweep optional or CISD.
Optional alert for IFVG confirmation.
🧩 Why It’s Powerful
Multiple conditions across separate tools — sweeps, imbalances, and structure shifts.
This indicator integrates all three into one system that can:
Detect liquidity grabs,
Confirm displacement through FVGs,
Validate momentum or reversals with CISD logic.
🧩 Ideal Use Case
Combine this tool with your existing strategy to:
Build liquidity + imbalance confluence zones
Spot reversal setups after sweeps
Track continuations after structural shifts
Automate alerts for precision entries
PumpC Tick Levels Marker🧾 Description
PumpC Tick Levels Marker
A precision price-level visualization tool designed for futures and tick-based traders.
Easily mark a single reference price and automatically plot symmetrical tick levels above and below it.
🔍 How It Works
Select your Anchor Price — this acts as the central reference point.
The script automatically plots upward and downward tick levels spaced by your chosen tick multiple.
Labels display tick distance (+/- ticks) and can be offset to the right by a set number of bars for clean alignment near the price scale.
⚙️ Key Features
One-click anchor control — define a single reference price.
Custom tick spacing — choose your tick multiple and number of levels to show (up to 10 in each direction).
Independent Up/Down toggles — display only the levels you need.
Label offset control — move labels closer or farther from the price scale.
Fully customizable styling — line color, width, and style (solid, dashed, dotted).
Efficient cleanup logic — lines and labels refresh dynamically on update.
🧩 Perfect For
Futures and index traders tracking tick increments (e.g., ES, NQ, CL).
Measuring quick scalp targets or ATR-based micro-ranges.
Visualizing equidistant price steps from a key breakout or reversal point.
Created by: PumpC Trading Tools
Version: 1.0 (Pine Script v6)
License: Open for personal use — please credit “PumpC Tick Levels Marker” if reused or modified.
Time Line Indicator - by LMTime Line Indicator – by LM
Description:
The Time Line Indicator is a simple, clean, and customizable tool designed to visualize specific time periods within each hour directly in a dedicated indicator pane. It allows traders to mark important intraday minute ranges across multiple past hours, providing a clear visual reference for time-based analysis. This indicator is perfect for identifying recurring hourly windows, session patterns, or custom time-based events in your charts.
Unlike traditional overlays, this indicator does not interfere with price candles and draws its lines in a separate pane at the bottom of your chart for clarity.
Key Features:
Custom Hourly Lines:
Draw horizontal lines for a specific minute range within each hour, e.g., from the 45th minute to the 15th minute of the next hour.
Multi-Hour Support:
Choose how many past hours to display. The indicator will replicate the line for each selected hourly period, following the same minute logic.
Automatic Start/End Logic:
If your chosen start minute is in the previous hour, the line correctly begins at that time.
The end minute can cross into the next hour when applicable.
If the selected end minute does not yet exist in the current chart data, the line will extend to the latest available bar.
Dedicated Indicator Pane:
Lines appear in a fixed, non-intrusive y-axis within the indicator pane (overlay=false), keeping your price chart clean.
Customizable Appearance:
Line Color: Choose any color to match your chart theme.
Line Thickness: Adjust the width of the lines for better visibility.
Inputs:
Input Name Type Default Description
Line Color Color Orange The color of the horizontal lines.
Line Thickness Integer 2 The thickness of each line (1–5).
Start Minute Integer 5 The minute within the hour where the line begins (0–59).
End Minute Integer 25 The minute within the hour where the line ends (0–59).
Hours Back Integer 3 Number of past hours to display lines for.
Use Cases:
Intraday Analysis: Quickly visualize recurring minute ranges across multiple hours.
Session Tracking: Mark critical time windows for trading sessions or market events.
Pattern Recognition: Easily identify time-based patterns or setups without cluttering the price chart.
How It Works:
The indicator calculates the nearest bars corresponding to your start and end minutes.
It draws horizontal lines at a fixed y-axis value within the indicator pane.
Lines are drawn for each selected past hour, replicating the chosen minute span.
All logic respects the actual chart data; lines never extend into the future beyond the most recent bar.
Notes:
Overlay is set to false, so lines appear in a dedicated pane below the price chart.
The indicator is fully compatible with any timeframe. Lines adjust automatically to match the chart’s bar spacing.
You can change the number of hours displayed at any time without affecting existing lines.
If you want, I can also draft a shorter “TradingView Store / Public Library description” version under 500 characters for the “Short Description” field — concise and punchy for users scrolling through indicators.
JWAT INDYHere’s a **professional, clear, and trader-friendly description** of your **Bollinger Band Mean Reversion Strategy**, written so you can use it in TradingView, a backtest report, or even in your trading plan document:
---
### 📊 **Bollinger Band Mean Reversion Strategy – Description**
This strategy is designed to exploit short-term overextensions in price relative to its statistical mean using **Bollinger Bands** as the primary volatility framework. It assumes that when price deviates significantly from the mean (the middle band), market conditions are temporarily stretched, creating a high-probability opportunity for **reversion to the mean**.
The system uses a standard **20-period Bollinger Band** with a **2.0 standard-deviation multiplier** to define overbought and oversold zones. When price closes below the **lower band**, it signals potential exhaustion of selling pressure and triggers a **long (buy)** setup. Conversely, when price closes above the **upper band**, it indicates overbought conditions and triggers a **short (sell)** setup.
To improve trade quality and avoid false reversals, the strategy integrates **ADX (Average Directional Index)** or another trend filter to confirm that volatility expansion is not part of a strong trending move. Trades are taken only when the market is in a **low-to-moderate trend environment**, where mean-reverting behavior is statistically favored.
Each trade aims for a modest **take-profit target near the middle Bollinger Band (the moving average)**, representing a return to equilibrium, with a predefined **stop loss** beyond recent highs or lows to control risk. Position sizing can be dynamic—based on account equity or fixed contract size—to allow compounding through consistent percentage-based risk.
This approach is particularly effective on **short intraday timeframes (e.g., 1-minute or 5-minute SPY charts)**, where frequent oscillations occur within tight volatility bands. The goal is to capture small, repeatable edges from market overreactions while maintaining a strict discipline in trade execution and risk management.
---
### 🧩 **Key Features**
* Core indicator: **Bollinger Bands (20, 2.0)**
* Confirmation filter: **ADX threshold (e.g., <25)** to identify ranging conditions
* Entry logic:
* Long when price closes below lower band
* Short when price closes above upper band
* Exit logic:
* Take profit at the mid-band
* Stop loss beyond prior swing or fixed % distance
* Optional filters: Time of day, session volatility, or multi-timeframe trend confirmation
* Ideal for: **Mean-reversion scalping** on liquid instruments like SPY, QQQ, or futures
---
Would you like me to write a **shorter version (2–3 sentences)** for your TradingView strategy description box — or keep this **full detailed version** for a trading plan document or presentation?
MNQ Verse Indicator por Santino_tradingThe MNQ Verse Indicator is a comprehensive tool designed for intraday traders, especially for those who trade indices like (MNQ, MYM Y MES). Its purpose is to consolidate the most crucial price levels that define daily market structure into a single view, allowing traders to make more informed decisions based on price context.
This indicator automatically plots key liquidity levels, opening ranges, and higher timeframe pivots, offering a clear map of potential price reaction zones.
Key Indicator Components
ORG (Opening Range)
Calculates and plots the opening range defined between the 4:14 PM close of the previous day and the 9:30 AM open of the current day (NY time).
Includes key retracement levels within the range: 50% (Equilibrium or CE), 25%, and 75%, which often act as intraday support or resistance.
Opens (Day Open & Midnight)
Day Open: Marks the opening price of the new trading day at 6:00 PM (NY time).
NY Midnight Open: Pinpoints the opening price at midnight in New York, a significant institutional level for the session.
Sessions (Asia & London)
Delineates the highs and lows of the Asia and London sessions. These levels are crucial as they often become liquidity targets during the New York session.
Includes an option to show or hide a colored box that highlights the session's range for better visualization.
Previous Pivots (D/W/M)
Daily (PDH/PDL): Previous Day's High and Low.
Weekly (PWH/PWL): Previous Week's High and Low.
Monthly (PMH/PML): Previous Month's High and Low.
These higher timeframe pivots act as magnets for price and represent major support and resistance levels.
How to Use It
The levels plotted by the MNQ Verse Indicator can be used to:
Identify high-probability zones for support and resistance.
Frame the daily bias by observing how price reacts to these key levels.
Set take-profit targets at the liquidity levels from previous sessions.
Understand the overall market context without needing to switch between multiple charts or indicators.
Full Customization
The indicator is highly customizable. From the settings menu, you can:
Adjust the color, style (solid, dotted, dashed), and text size for each level independently.
Enable or disable each group of levels according to your strategy.
Show or hide the colored boxes for the Asia and London sessions.
DISCLAIMER: This tool is designed for technical analysis and educational purposes. It does not constitute financial advice or a recommendation to buy or sell. All trading decisions are the sole responsibility of the user. Trade with caution.
Dante Strat FTC BarsThis script can be used as multiple timeframe indicators below price chart to line up timeframe agreement by STRAT traders. It is very similar to the one commonly seen on other platforms but could not find one for tradingview so built one. Open to feedback.
Colored HMASimply a colored HMA. Perfect for trend following systems in combination with other indicators.
Pure Liquidity System (PLS) Robert-PRPure Liquidity System (PLS) Robert-PR
The PLS indicator is a comprehensive, advanced tool for tracking institutional liquidity across financial markets. It features:
Custom Day Ranges (6pm-6pm): Visualize daily ranges, midlines, and previous high/low levels with customizable tags and horizontal rays, helping you identify key price zones efficiently.
ICT Killzones: Automatically plots Asia, London, and New York (AM, Lunch, PM) sessions, highlighting peak volatility hours. Session pivots, labels, and middle lines offer fast context for intraday strategies.
Equal Highs/Lows Detection: Instantly marks significant equal highs and lows (double tops/bottoms) on any timeframe, making it easy to track liquidity pools and potential reversal points.
Fair Value Gaps (FVGs): Accurately detects and labels bullish/bearish fair value gaps, including gap size, mitigation status, and an optional consequent encroachment line for further analysis.
New York Session Markers: Quickly adds vertical lines for two critical NY session times (9:30 and 11:00 ET), perfect for time-based setups and correlation analysis.
Interactive Checklist & Timer: An intuitive panel for creating and marking off trading routines, complemented by a candle-close countdown timer to keep you focused and disciplined.
All core features are fully adjustable via the quick-access panel—enable or disable boxes, lines, labels, and levels with one click to match your workflow and visual preferences.
Perfect for traders who want to:
Trade alongside institutional “smart money” by focusing on liquidity zones, ICT concepts, and supply & demand mechanics.
Automatically streamline chart analysis while maintaining maximum flexibility, precision, and control over their trading environment.
XAUUSD EMA20/50 + RSI + MACD + ATR Stops(with manual ADX)_VladevThe strategy is that when EMA20 crosses below EMA50 in a downward direction, RSI is below 50, and MACD histogram is in red, I enter a SELL/SHORT position, and vice versa, when EMA20 crosses above EMA50 in an upward direction, the RSI is above 50, and the MACD histogram is green, I enter a BUY/LONG position.
I want you to take a detailed look at my strategy and tell me how you can improve it to make it more successful! Also, give me some ideas on how to position Take Profit and Stop Loss!
Translated with DeepL.com (free version)
Entry (MTF) - Three phase Reversal patternOf course. We can absolutely reframe the explanation to give the strategy a more unique or generalized name, focusing on the concepts rather than the specific mentor.
Here is a revised, in-depth guide for your "Entry(MTF)" indicator, presented as the **"Momentum Shift Entry Model."**
***
### Entry (MTF) Indicator: A Guide to the Momentum Shift Model
This powerful indicator is designed to automatically detect a high-probability **Momentum Shift Entry Pattern**. The core strategy is to identify moments where the market's direction is likely to make a significant and sustained reversal, often driven by institutional order flow.
The indicator's key advantage is its **Multi-Timeframe (MTF)** functionality. It allows you to find these robust setups on a higher timeframe (like the daily chart) and then projects those signals onto your active, lower timeframe chart (like the 15-minute), providing a clear strategic edge for timing your entries.
---
## The Core Logic: The Three-Phase Reversal Pattern
This indicator is not based on a simple lagging condition. It looks for a specific three-step sequence of events. This sequence validates a genuine shift in market control from sellers to buyers (or vice-versa), filtering out false moves.
### Step 1: The Liquidity Purge 🎯
First, the indicator identifies recent, significant swing highs and lows on the chart. These price levels are natural magnets for liquidity, as many traders place their stop-loss orders there.
* **A Bullish Setup** begins when the price first dips **below a recent swing low**. This action is often an engineered move to "purge" or "sweep" the sell-side liquidity resting there before a move higher.
* **A Bearish Setup** begins with a price spike **above a recent swing high**, clearing out the buy-side liquidity.
This initial phase is designed to trap traders on the wrong side of the market before the true move begins.
### Step 2: The Market Structure Shift (The Confirmation) 🔄
After the liquidity has been taken, the indicator needs confirmation that a real power shift has occurred. This is confirmed by a **Market Structure Shift (MSS)**.
* After a **bullish purge (of a low)**, an MSS is confirmed when the price aggressively rallies and closes **above a recent swing *high***. This proves that buyers have not only absorbed all the selling but are now strong enough to break previous resistance levels.
* After a **bearish purge (of a high)**, an MSS is confirmed when the price falls and closes **below a recent swing *low***, showing that sellers are now decisively in command.
### Step 3: The Price Imbalance (The Entry Zone) GAP) is created during the same powerful move that caused the Market Structure Shift. A Fair Value Gap, or **price imbalance**, is a three-candle pattern that signifies a very aggressive, one-sided move, leaving a gap in the market that price will often seek to re-fill.
This FVG acts as the signature of institutional activity and becomes a high-probability zone for planning a trade entry.
---
## How to Use the Indicator in Your Trading
The true strength of this indicator lies in combining the higher-timeframe signal with the immediate context of your trading timeframe.
### Reading the Signals and Visuals
* **`BUY` / `SELL` Labels:** These are your primary signals, generated from the **"Signal Timeframe"** you select (e.g., Daily). A "BUY" label indicates that the complete three-phase bullish pattern has been confirmed on that higher timeframe.
* **Dotted Lines (Liquidity Levels):** The red and green dotted lines on your chart mark the most recent swing high and low on your **current timeframe**. These are the levels to watch for a potential "Liquidity Purge."
* **Colored Boxes (Imbalance Zones):** The green (bullish) and red (bearish) boxes highlight the Fair Value Gaps on your **current timeframe**. These are your potential entry zones.
### A Potential Trading Strategy
1. **Set Your Signal Timeframe:** Choose a higher timeframe that you use to define the overall trend (e.g., 'D' for daily, '4H' for 4-hour).
2. **Wait for an HTF Signal:** Patiently wait for a `BUY` or `SELL` label to appear. This is your cue to begin actively looking for an entry.
3. **Find a Local Entry Zone:** Once a `BUY` signal from the higher timeframe appears, look for the price on your current chart to retrace into a nearby **bullish FVG (green box)**. For a `SELL` signal, look for a pullback into a **bearish FVG (red box)**.
4. **Entry:** Plan your entry as the price tests this imbalance zone.
5. **Stop Loss:** A logical stop loss is critical. For a buy trade, place your stop below the swing low that was formed during the MSS. For a sell trade, place it above the corresponding swing high.
6. **Take Profit:** Aim for a significant liquidity level on a higher timeframe or use a predetermined risk-to-reward ratio (e.g., 1:2, 1:3).
---
## Customizing the Settings
* **`Signal Timeframe`**: The most critical setting. It determines the timeframe from which the core buy/sell logic originates. A Daily signal will carry more weight than an H1 signal.
* **`Liquidity/MSS Lookback`**: This controls the significance of the swing points the indicator uses.
* **Higher value:** Finds major, long-term swing points, leading to fewer but more powerful signals.
* **Lower value:** Finds minor, short-term swing points, leading to more frequent but potentially less reliable signals.
* **`Show Current TF Fair Value Gaps`**: This toggles the visibility of the imbalance zones (FVG boxes) on your chart. It is highly recommended to keep this enabled to easily spot your entry areas.
XAU_VladevXAUUSD EMA-RSI-MACD ATR Strategy that analyse the chart and by combining Oscillators, EMA's and trend way, strategy creates exact StopLoss and TakeProfit areas
Reversal Entries [akshaykiriti1443]Reversal Entries : An In-Depth Guide
This indicator is designed to identify high-probability trend reversal points. Its primary goal is to pinpoint moments where the price attempts to break a key level, fails, and then snaps back with force. These "fakeouts" or "liquidity grabs" are often powerful signals that the market is about to reverse course.
The indicator provides two clear signals:
* 🟢 **A Bullish "Bounce Point"**: A potential buy signal after price dips below support and recovers.
* 🔴 **A Bearish "Rejection Point"**: A potential sell signal after price spikes above resistance and is pushed back down.
---
## The Core Logic: What Makes a Signal?
The indicator doesn't just look at one factor. Instead, it requires **three key conditions** to be met simultaneously before it generates a signal. This multi-layered approach helps filter out noise and identify only the most promising setups.
### 1. The Price Action "Fakeout" 🕵️♂️
This is the foundation of the signal. The indicator first identifies a short-term support or resistance level.
* **Support:** The lowest price over the `Lookback` period.
* **Resistance:** The highest price over the `Lookback` period.
It then waits for a specific pattern:
* For a **Bullish Bounce**, the current candle's low must dip **below** the support level, but its closing price must be **above** that same support level. This shows that sellers tried to push the price down but buyers stepped in with overwhelming force.
* For a **Bearish Rejection**, the current candle's high must poke **above** the resistance level, but its closing price must be **below** that same resistance level. This shows that buyers tried to break out, but sellers took control and slammed the price back down.
### 2. Volume Confirmation 🔊
A true reversal is almost always accompanied by a surge in trading activity. The indicator confirms the price action by checking for a **volume spike**.
It calculates the recent average volume and only accepts the signal if the volume on the reversal candle is significantly higher than that average (the default is 1.5 times higher). This confirms that there is real conviction and money behind the move, making it much more reliable.
### 3. Recovery Strength & Probability Score 💯
This is the indicator's "secret sauce." It doesn't just see a reversal; it measures *how strong* that reversal is.
* **Measuring the Recovery:** It uses the Average True Range (ATR) to measure the size of the price's recovery. For a bullish bounce, it measures the distance from the candle's low to its close. For a bearish rejection, it measures the distance from the high to the close. A long wick in the direction of the reversal signifies a powerful rejection of lower or higher prices.
* **Calculating a Probability Score:** The indicator takes the volume spike confirmation and the recovery strength and feeds them into a mathematical formula (a sigmoid function) to generate a "probability score" between 0 and 1. Think of this as a confidence score.
* **Applying the Threshold:** A signal is only plotted on your chart if this confidence score is above the `Probability Threshold` (default is 0.7, or 70%). This is the final filter that ensures only high-conviction setups are shown.
---
## How to Use the Indicator in Your Trading
This indicator provides entry signals, but it should be used as part of a complete trading plan.
### Understanding the Signals
* **Green `+` (Bounce Point):** When you see this signal below a candle, it's a potential **BUY entry**. It suggests that the downward momentum has been rejected and the price may be ready to move higher.
* **Red `-` (Rejection Point):** When you see this signal above a candle, it's a potential **SELL entry**. It suggests that the upward momentum has failed and the price may be ready to fall.
### Example Trading Strategy
1. **Entry:** Enter a trade when a signal appears. For a green `+`, place a buy order. For a red `-`, place a sell order.
2. **Stop Loss:** A logical stop loss is crucial.
* For a **buy trade**, place your stop loss just below the low of the signal candle. If the price breaks this low, the reversal idea is invalidated.
* For a **sell trade**, place your stop loss just above the high of the signal candle. If the price breaks this high, the setup has failed.
3. **Take Profit:** Your take profit should be based on your own strategy. A common approach is to target the next significant support or resistance level or use a fixed risk-to-reward ratio (e.g., 1:1.5 or 1:2).
**Important:** Always consider the overall market context. These signals tend to be more powerful when they align with the broader trend or occur at major, higher-timeframe support and resistance zones.
---
## Customizing the Settings
You can fine-tune the indicator's sensitivity in the settings menu to match your trading style and the asset you are trading.
* **`Support/Resistance Lookback`**: Controls how far back the indicator looks to find support and resistance. A **smaller number** makes it more sensitive to very recent price action. A **larger number** will focus on more significant, longer-term levels.
* **`Volume Spike Multiplier`**: Defines what counts as a "spike." Increasing this value (e.g., to 2.0) will demand a much larger volume surge, leading to fewer but potentially more reliable signals.
* **`ATR for Recovery`**: This sets the period for the ATR calculation, which is used to measure the recovery strength. It's generally best to leave this at its default unless you are an advanced user.
* **`Probability Threshold`**: This is the most important sensitivity setting.
* **Increase it** (e.g., to 0.85) for fewer, very high-quality signals.
* **Decrease it** (e.g., to 0.60) to see more potential setups, though some may be less reliable.
Nifty Buy/Sell Signals anil hasilkarNifty Buy/Sell Signals anil hasilkar
Improving sleep and immunity
Enhancing clarity, focus, and emotional stability
Supporting heart and respiratory health
🌿 5. For Stronger Health Effects
You can also add:
Agnihotra ash — mix a small pinch in water or honey and take once daily (acts as a natural detox).
Sit near the fire for 10–15 minutes during and after — inhale gently, it balances body energies.
Keep the space clean, calm, and filled with gratitude while performing.
Price Change x% from Prior CloseThis indicator identifies candles where price moved a specified percentage below the prior candle's Close price.
The script plots a gray bar at the threshold price for each candle and a green up-arrow for candles where the price crosses below the threshold price.
The Threshold Price Percentage can be set in the indicator settings window.
Put Credit Spread System V.1A simple put credit spread system for my nephew, who likes trading. Intended for SPY, QQQ, SLV, GLD, etc if on an uptrend.
